The Business Times, 5 March 1998

Microfilm: NL21173
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    20 1 THE BUSINESS TIMES MITA(P) ll(V12/97 85f s I N G A P O R E Internet: http://www.asial.com.sg/biztimes THURSDAY, MARCH 5,1998
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  • Article
    MARKET SUMMARY
    71 1 sro 157L40 (-21.39) rjW-SRI mm «Me(-i4is) r-IBTCOMP mm 13MJI (-19.02) n BTMGA mm BLL2S -21.19) fT IIiKKETHOODs BUfa Down STOOL EAHETDOHCEB Wednesday Change KLSE COUP 706JM -27.09 NIKKEI 17,096.6© -7171 HANG SENO 11JK0J1 -74.«6 SET INDEX ***** -11.48 JAKARTA OOMP ***** -16.78 MANILA COMP _12IM1 -3955 TAIPEI WP1
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  • Article
    FINANCE
    75 1 EXCHANGE BATES USI ss US$ UK 1.660 2.698 DM 0.561 0.902 YEN IN 0.794 1.299 MS 0.264 0.432 HK$ 0.129 0511 BAHT 0.023 0.037 RlfPlAH 100 OJI1 0.017 "hum-bank rata FUME RATES SINGAPORE* 1M KUALA LUMPUR. 10.46 JAKARTA 2SJ0 BANGKOK 15.26 MANILA JXM HONGKONG lttt TAiPH 1 M| SYDNEY
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  • Article
    Jitters sweep region's markets once again
    347 1 [SINGAPORE] Turbulence returned yesterday to regional currency and stock markets, with news of heavy losses at two major Malaysian banks reminding investors that the region remains vulnerable to further financial dislocations. The Malaysian ringgit tumbled from the very start of Asian trading, forcing other
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  • Article
    Tat Lee Bank's extra provisions drag it into red
    1244 1  -  But merger with Keppel Bank expected to go through as planned By I Conrad Raj [SINGAPORE] Tat Lee Bank, despite recording an operating profit of $131 million for 1997, has posted the first ever net loss by a Singapore bank in
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  • Article
    Overhaul of vehicle tax system will benefit businesses most
    1001 1  -  TRANSPORT REVIEW By( Christopher Tan [SINGAPORE] The government yesterday announced a surprisingly pro-business overhaul of the vehicle tax system. While the majority of motorists will enjoy upfront benefits, the biggest beneficiaries will be transport operators and other businesses that use goods
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  • Article, Illustration
    DBS reports 35% profit fell; proposes bonus, rights issues
    665 1  -  STptre's largest bank makes 5-fold increase ißpr»vigwßst»s4>6m Siow Li Sen [SINGAPORE] DBS Bank yesterday posted a 35 per cent fall in net profit to $436.4 million for 1997, due to exceptional provisions for bad and doubtfill loans to the region. The
    665 words
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      Page 1 Advertisements Column 1
      128 1 prams □IF threat The rupiah tumbled as much as 5.5% to 9,525 against the greenback yesterday on reports that the IMF had threatened to withdraw the USs3b second tranche of its stabilisation programme for Jakarta, Will Jtari-wage save the day? Opinion is divided as to whether Singapore's flexiwage scheme can
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      Page 1 Advertisements Column 2
      8 1 Commentary, Pg 3 More reports, Pgs 2 3
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      Page 1 Advertisements Column 3
      124 1 Bank Nefara reassures MAS on beaks' deports, Pg 16 DBS, Tat Lee, Keppel make prarisloas for regional 25 ''M Beginning Ist March 1998, yon can service you've come to love amidst the graxiHeur md hmoric compound of r y L This is where you can enjoy die latest culinary style
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  • TRANSPORT REVIEW
    • Article
      98% of owners will have taxes slashed
      912 2  -  CARS ARFalso cut-from 160% of OMV to 140%; registration fee now a mere $140 Reports by Christopher Tan NEARLY all car owners will enjoy substantially lower road 1 taxes with the latest revamp of vehicle taxes. In fact, the Land Transport Authority says
      912 words
    • Article
      Q-plate, SZ, learner cars to be treated like normal cars
      575 2 iwmui uuumi-gg They will have same registration plates and enjoy same PARF benefits FROM Sept 1, company (Q--plate), rental (SZ-plate) and learner-driver cars will be treated like normal private cars. These cars will bear the same registration plates and enjoy
      575 words
    • Article
      ERP begins next month at two points along ECP
      607 2 All 35 ALS, HPS points to be included by September ELECTRONIC road-pricing (ERP) will start on April 1 at two points along the East Coast Parkway, and by Sep 1, will be extended to all 35 points currently covered by the
      607 words
    • Article, Illustration
      Actual ARF cut is sizeable: Mah
      253 2 THE reduction in ARF (additional registration fee) from 150 to 140 per cent may seem small but actually represents sizeable absolute savings to new vehicle buyers. The question now is whether the rate will be cut further. Communications Minister Mah Bow Tan said although
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    • Article
      What they say
      352 2 "As a citizen, I feel it's quite well done. It continues to focus on controlling congestion, reducing upfront costs and working towards a usage-based system. As a member of the industry, I also feel this is very encouraging. Making cars more affordable augurs well for us." Cheah
      352 words
    • Article
      62% will pay lower taxes; registration fees slashed to $140
      571 2  -  GOODS VEHICLES By: Ronnie Lim NEW road taxes for goods vehicles (GVs) will benefit businesses from transportation to construction but will hit owners of petrol-driven GVs. For those in the transport business, upfront registration fees for light goods vehicles (LGVs)
      571 words
    • Article
      Operators may get to set own fares
      386 2 TADS CAB fares will be deregulated further to better reflect the cost of providing taxi service, and to create competition. The Land Transport Authority will be recommending to the Public Transport Council that cab operators be allowed to set their own fares when
      386 words
    • Article, Illustration
      A well thought out package
      747 3  -  COMMHMTART The new vehicle tax structure adheres to core principles and is generous in essence By Christopher Tan Good, but it could have been better. This may well be a typical response to the new vehicle tax package. But one billion bucks given to motorists
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    • Article
      Higher registration fees and road taxes
      268 3 MOTORCYCLES THE good news is the Land Transport Authority has decided to accord 0.5 PCU (passenger car unit) to all motorcycles, instead of 0.7 as previously planned. The bad news is that motorcyclists will have to pay a higher registration tax and higher road
      268 words
    • Article
      About 70% of buses will pay lower taxes
      526 3  -  By) Ronnie Lim ABOUT seven in 10 buses on the roads today will pay lower road tax under the latest tax changes which generally benefit transport and tour bus operators. Most new buses will also enjoy savings from a substantial cut in
      526 words
    • Article
      What they say
      143 3 "I don't think rental rates will change significantly. We've done calculations and found that operating costs will be down by just a few per cent. Now with the full COE we have to pay, it means initial financing costs will go up. The only thing now is
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Call to increase supervision of government-owned companies
      382 4  -  Public Accounts panel urges checks on investment, other key decisions By' Teh Hooi Ling THE Public Accounts Committee (PAC) has recommended that the Ministry of Finance step up its supervision of government-owned companies, especially where major investments and key decisions are concerned, so
      382 words
    • Article
      Malaysia cuts toll rates drastically for Second Link
      342 4  -  From Eddie Toh in Kuala Lumpur MALAYSIA has slashed the toll rates for the Second Link connecting Johor and Singapore to encourage motorists to use the $1.3 billion bridge. According to Malaysia's Works Minister S Samy Vellu yesterday, the toll rates have
      342 words
    • Article, Illustration
      Lock icon Disk drive industry seen posting moderate growth
      504 4  -  But it will face ororsoppty, pricing pressures analysts By, Annette Pau, Jennifer Lien THE disk drive industry should still post moderate growth this year, despite being plagued by oversupply issues and continued pricing pressures, industry analysts said yesterday. Speaking at a forum during
      FILE PHOTO  -  504 words
    • Article, Illustration
      Lock icon Jan IDD calls grew only 2.3%
      290 4  -  EYE ON THE ECONOMY Telecommunications By] David Boey OUTGOING international telephone call volume enjoyed double-digit year-on-year growth throughout 1997, but grew a mere 2.3 per cent in January. Latest preliminary figures from Singapore Telecom show that the telephone traf- fic in January amounted to
      Source: S'pore Telecom  -  290 words
    • Article
      Cap imposed on foreign power supply for security reasons
      565 4  -  Ceiling of 600 MW represent* about t% of total power supply By] Ronnie Lim FOR security reasons, Singapore is capping total electricity supply from all overseas independent power producers (IPPs) at 600 megawatts (MW) for the time being. This was announced
      565 words
    • Article
      Businessmen see Me relief in budget, seek incentives
      334 4  -  AFTER THE BUDGET By. Audrey Tan THE budget offered little relief to both manufacturers and retailers, businessmen said at a Feedback Unit dialogue yesterday. Manufacturers, in particular, reiterated their concerns that the budget seemed targetted at developing Singapore's financial services and mostly
      334 words
    • Article
      Cyber Trader scheme aids globalisation
      191 4 THE Approved Cyber Trader (ACT) scheme unveiled in last Friday's budget aims to help companies Internationalise through electronic commerce, and to increase the efficiency of their marketing and trading activities, the Trade Development Board said yesterday. It also hopes to anchor core foreign players here
      191 words
  • NEWS Roundup
    • Article
      S'pore testing digital TV format
      70 4 SINGAPORE is testing the digital televsion format which will eventually replace the present analogue TV, the Singapore Broadcasting Authority (SBA) said in a press statement. Advent Television, under an SBA licence, last month launched a three-month trial DTV is said to give superior picture quality
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    • Article
      Sony sets up Asian sales HQ in S'pore
      67 4 SONY has set up its Asian sales and marketing headquarters for consumer products in Singapore. Known as Sony Marketing International (Singapore), this is formed by merging local sales company Sony Singapore and Asian Marketing Company, a division of Sony International With a
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    • Article
      Constructioni supervision course
      51 4 THE Construction Industry Development Board (CIDB) will be offering for the first time a full-time National Certificate In Construction Supervision course to fresh GCE "O" level school leavers. The two-year programme will start in July. It will be conducted at the Construction Industry Training Institute on Braddell
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    • Article
      M1 to deliver phones at home
      75 4 Ml is introducing from today a home delivery system for Ml mobile phones. Customers can call the toll-free number 1800-869 6333 with their orders and have the phone delivered to them—at the latest—on the following day. Mobile phones currently available through the service, MI
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  • FOCUS: PROPERTY
    • Article
      House Hunt
      879 5 Property transactions for districts 09 and 10 (sectors 22 to 23 and 24 to 27) lodged between Jan 5 and Feb 28, 1998 PROJECT NAA€/ PROP CONTRACT TENURE 8UB.W PRO PSF STREETNAME TYPE DATE LANDAREA* (SOFT) (SS-000) (SS) District 09 Aspen Ht Apt 05-12-1997 999 1044 1295 1240
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    • Article, Illustration
      Lock icon July launch for Killiney service flats
      532 5  -  Contractor Chng Gim Huat's $40m project comprises 152 units of mainly studio apartments By Ang Wan May [SINGAPORE] ANEW 152-unit service apartment project by CGH group will be launched at Killiney Road this July. The development is Singapore contractor Chng Gim Huat's first foray
      ARTHUR LEE  -  532 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      66 5 Corporate Industrial Building in Tampines FOR SALE Land Area Approx. 161,500 sq ft Built-in Approx. 108,000 sq ft Tenure HDB lease 30 +30 years w.e.f. 1989 Excellent condition and corporate identity For more details, please contact Solo Marketing Agent Richard Ellis (Pts) Ltd Tel: 224 8181 Catch «rin»'« ink in
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      Page 5 Advertisements Column 2
      395 5 I'.l .11' >• v V,v v •> 1* >• M '-.-V \f*" tiv 1 tfV'vfc I I ho iu'rUu"t romantic sotiint;. '*1* .Tomgi A^V^TY'-^ I nsi I In- l« n oI \on .in J .ill lit Smgaiioro. 'J\* ,!i#V 1 ;< j i^ft i *4\£h>\ 5- r J*' V. >«•:
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Driving home gravity of crony capitalism
      701 6  -  HLBCTIOIf WATCH Calls for a clean government becoming sharper By Yang Razali Kassim THERE was speech after speech over the last few days as the five mainstream political groups have taken their stand on President Suharto's keynote address on Sunday. The president's so-called "accountability
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    • Article
      Lock icon Illegal Indon workers target M'sia
      222 6 Thousands waiting for transport across Malacca Straits JAKARTA AFP THOUSANDS of Indonesians are trying to leave their troubled country to work illegally in Malaysia, reports said yesterday. More than 3,000 of the prospective illegal immigrants were waiting in the Sumatran city of Pekanbaru alone for
      AFP  -  222 words
    • Article, Illustration
      Lock icon Student protests continue
      130 6 JAKARTA AFP THOUSANDS of Indonesian students shouting "reject Suharto" rallied at two campuses yesterday to demand the resignation of their country's veteran ruler, witnesses said. More than 3,000 students at Gadjah Mada University in the central Java city of Jogjakarta marched in the campus grounds throughout the
      AFP  -  130 words
    • Article
      Lock icon Sharply weaker rupiah boosts Indon trade surplus by 70%
      333 6 JAKARTA AFP INDONESIA yesterday reported a 70 per cent jump In its trade surplus in 1997 a positive economic spinoff from the sharply weaker rupiah. But analysts were quick to point out that the surplus did not necessarily mean growth was
      AFP  -  333 words
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      189 6 1 "Wiu Jjjjj ~~WFW 2P Why leave the comfort of your home to get that Nokia 6110 Get tin- Nokia 6110 inclusive of a travel charger I iWJ\ M, j! ami a slim battery) at $7 I )H ami receive a free gift A,*>, SJP-- <\j OU vc a,wa y
      189 words
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  • MARKETS IN TURMOIL
    • Article
      Currency crisis a blessing for West: report Competitive
      373 7  -  advantage could last for at least 10 years From' Quak Hiang Whai in Hongkong THE competitive advantage for the West arising from the currency devaluations in Asia could last for at least 10 years, a report by Robert Fleming Securities said. In
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    • Article
      Lock icon Thai banks got 716b baht injection
      283 7 Move was part of a govt plan to bail out banks, finance firms Reuters [BANGKOK] The Bank of Thailand revealed that it had injected by Feb 19 a massive 716.1 billion baht (5526.4 billion) of funds into the Thai financial system as part of
      Reuters  -  283 words
    • Article, Illustration
      Lock icon Rupiah tumbles 5.5% on reports of IMF threat to halt US$3b loan
      569 7  -  Talk of withdrawal premature as final decision rests with exec board: sources From S N Vasuki in Jakarta THE Indonesian rupiah tumbled as much as 5.5 per cent to 9,525 against the greenback yesterday on reports that the
      AFP  -  569 words
    • Article
      Plywood monopoly scraps deposit scheme
      647 7  -  Indonesia moves to hononr deal with IMF to end monopoly From S N Vasuki in Jakarta IN THE FACE of criticism about its commitment to abolishing the contentious plywood monopoly, Indonesia has taken tentative steps to honour what is a key condition of the US$43
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    • Article
      Lock icon Banks to restructure Seoul's short-term debt
      177 7 AFP [PARIS] Creditor banks have responded well to a plan to restructure South Korea's shortterm debt, with the lead US and French banks pledging to reschedule 100 per cent of affected debt, officials said here on Tuesday. French bank Societe Generale has agreed to
      AFP  -  177 words
    • Article
      Congressional panel set to okay US$3.5b for IMF bail-outs
      569 7  -  Bvt it's not ready to support rest of USslBb sought From Leon Hadar in Washington A KEY Congressional committee is set to approve next week President Bill Clinton's request for US$3.5 billion (Ss4.B billion) in support of an International Monetary Fund
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      Page 7 Advertisements Column 1
      12 7 DBS, Tat Lee, Keppel make extra provisions for regional loans, Pg 15
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      Page 7 Advertisements Column 2
      56 7 Ranked #1 franchise for submarine sandwiches* Low start-up exists Over 13,000 restaurants in 62 countries Saturday March 14th ISM, 3pm American Club Maating Room I Street Parting Only WafVJw rvaminm nwcoffM To register or for free franchise Information Call 383-2561 Fax:3B3-2554 email: subwayOcybetway.com.sg www.subway.oom Siawe upawm newt of Dacuitmxm te
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      Page 7 Advertisements Column 3
      187 7 Wk-"' rsS ""Sft* \sV VsdjfifJ —jes®**!— rSt -*v«-, 7 s C^ > Choosing between i M them is easy, if you know how. For a company to grow and prosper it's more important than ever to employ people with the very best qualifications. A CV may be impressive. But how
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon M'sia seeks closer economic ties with Taiwan: Mahathir
      442 8 TAIPEI He and Anwar expected to meet Taiwan VP Lien Chan today AFP, Reuters MALAYSIAN Prime Minister Mahathir Mohamad is seeking closer economic ties with Taiwan despite China's warning against any bid by Taipei to expand influence in Southeast Asia, reports here
      AFP,; Reuters; REUTERS  -  442 words
    • Article
      Lock icon Smoke from Indon forest fires disrupts air traffic
      290 8 JAKARTA Viability fells to 400 m in Central Kalimantan AFP SMOKE from Indonesian forest and bush fires is spreading across Borneo island, officials there said yesterday, disrupting air and river traffic and raising fears that the choking haze which blanketed Southeast Asia
      AFP  -  290 words
    • Article
      Lock icon Ranariddh sentenced to 5 years in jail
      304 8 PHNOM PENH AFP A CAMBODIAN military court yesterday ordered deposed co-premier Prince Norodom Ranariddh jailed for five years after finding him guilty in absentia of weapons smuggling. Two senior aides of the prince were also found guilty and given jail terms. They were
      AFP  -  304 words
    • NOTE Book
      • Article
        Lock icon British Teleoom plans M'sian investment
        77 8 Reuters [KUALA LUMPUR] British Telecom Is planning to make a largo Investment in Malaysia, the country's top treasury official said yesterday. "There was mention of a big J (British) company comingtrt...if I remember correctly, British Telecom," Aris Othman, secretary general of Malaysia's Finance Ministry said
        Reuters  -  77 words
      • Article
        Lock icon S Korean banks leaving Vietnam
        73 8 Reuters [HANOI] Executives at eight South Korean banks said yesterday they had applied to cloee their offices in Vietnam and withdraw from the country because of domestic financial considerations, the h lr< involved are Pusan Bank, Industrial Bank of Korea, Korea Long Term Credit Bank,
        Reuters  -  73 words
      • Article
        Lock icon Manila,ADB finalise US$500m loan
        60 8 AFP [MANILA] The Philippines and the Asian Development Bank (ADB) have finalised? loan of US$5OO million (SsBl7 million) for power and air quality control projects, a senior finance official said yesterday. Finance undersecretary Cecilia Soriano said the loan will be available by May or June and
        AFP  -  60 words
      • Article
        Lock icon Beauty and the baht
        72 8 Reuters [BANGKOK] Beauty pageants are the latest victims of Thailand *8 economic slump. Normally hundreds of beautiftil Thai women cram into long queues to submit applications for the annual Miss Thailand Pageant, the source of two Miss Universes over the past four decades. But turnout is
        Reuters  -  72 words
      • Article
        Lock icon Hanoi to ban European beef
        69 8 AFP [HANOI] Vietnam will this week ban all beef imports from nine European countries, the agriculture ministry said yesterday. All beef products exported from Britain, France, Ireland, Portugal, Switzerland, Germany, the Netherlands, Belgium and Luxembourg will be subject to the ban when it starts tomorrow,
        AFP  -  69 words
  • Page 8 Advertisements
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      94 8 i I. '.> .•>' v a 1 i CNBC ASIA BUSINESS NEWS. V U' THE MORNING RITUAL FOR ASIA'S BUSINESSMEN. C .-»v- > k i :P; 4 f jfJT >. j V < t ••> V < > x -f v •V" V 9 v V v "*?A 3 '4.
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Li Peng takes over as head of China's Parliament presidium
      420 9 NATIONAL PEOPLE'S CONGRESS It signals start of a long-anticipated reshuffle at the top of Bering leadership AFP CHINESE Premier Li Peng took over yesterday as head of the presidium of China's Parliament, signalling the start of a long-anticipated reshuffle at
      AFP  -  420 words
    • Article
      Lock icon Effects of Asian turmoil major topic of discussion
      322 9 BEIJING AFP THE harmful effects of the South-east Asian financial crisis onChina's economy will be a major topic of discussion among delegates to the ninth National People's Congress, official reports said yesterday. In particular, NPC delegates will pay close attention to China's
      AFP  -  322 words
    • Article, Illustration
      Lock icon Remembering Zhou Enlai
      51 9 [BEIJING] People gathering beneath a billboard of late Chinese premier Zhou Enlai yesterday in Beijing after attending an exhibit commemorating his 100 th birthday today, which coincides with the opening session of the Ninth National People's Congress (NPC) at the Great Hall of the People in Beijing.
      AFP  -  51 words
    • Article
      Lock icon China's economy grew 8.8% last year; target for '98 growth set at 8%
      231 9 U BEIJING AFP, Reuters CHINA'S national economy grew 8.8 per cent last year to 7.477 trillion yuan (Ssl.s trillion), the State Statistics Bureau (SSB) announced yesterday in releasing its definitive statistics for 1997. The bureau's director-gen-eral Liu
      AFP,; Reuters  -  231 words
    • Article
      Lock icon HK businessman charged with HK$81m theft
      182 9 HONGKONG AFP A PROMINENT Hongkong businessman appeared in court yesterday charged with three counts of theft totalling HKJBI million (Ssl7 million). The prosecution alleged that between Jan 20 and Jan 23 John Chan Boon-ning stole three cheques belonging to Fairyoung Port Investment Ltd with
      AFP  -  182 words
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  • ASIA
    • Article, Illustration
      Is there a larger agenda ?
      723 10  - Is there a larger agenda LBTTBKFKOM TOKYO The integrity of Japan's financial diplomat w«ifcA Sakaklbara Is being challenged yet again at a time when the finance ministry is being investigated By Anthony Rowley IS someone out to "get" Japan's leading financial diplomat Eisuke Sakakibara, whose alleged involvement in an incident
      723 words
    • Article
      Lock icon Korean opposition threatens to sue over premiership
      198 10 SEOUL AFP SOUTH Korea's opposition party, which controls parliament, issued a fresh warning yesterday to President Kim Dae Jung to scrap the appointment of Kim Jong Pil as prime minister or face legal action. "The acting prime minister, Kim Jong Pil, was appointed
      AFP  -  198 words
    • Article
      Lock icon Asian crisis dents Aussie growth
      140 10 SYDNEY Bloomberg [SYDNEY] Australian economic activity has been badly dented by the Asian turmoil, according to new data published yesterday which dashed hopes that the growth rate could hit 4 per cent and depressed the Aussie dollar. The Australian Bureau of Statistics said national accounts
      Bloomberg  -  140 words
    • Article
      Japanese unions grow more militant in wage talks
      436 10  -  TOKYO Strike may be one weapon to be used, labour leader warns Byi Anthony Rowley SIGNS of a more militant attitude developing among Japan's normally docile trade unions emerged yesterday when a prominent labour leader warned that strike action could be "one
      436 words
    • Article
      Hung parliament as BJP falls 24 short of majority
      573 10  -  □IDIAX ELECTION Congress won't try to form govt on til United Front makes its intention dear By] Rajendra Bajpal in New Delhi INDIAN voters have returned a hung parliament and the two major political parties in the race to form a
      573 words
    • Article, Illustration
      Lock icon Top former Yamaichi execs arrested
      326 10 TOKYO Reuters [TOKYO) Prosecutors yesterday arrested three former top executives of failed brokerage Yamaichi Securities on suspicion of violating Japan's securities law. The three were former Yamaichi chairman Tsugio Yukihira, 66, former president Atsuo Miki, 62, and former vice-president Ryuji Shirai, 62. They are suspected
      Reuters; AFP  -  326 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      686 10 Sime Singapore Interim Results For Th« Half Year Ended 31 December 1997 The Directors ore pleased to announce ihe following:1. Unaudited results of ihe Group and of the Company for the halfyear ended 31 December 1997 GROUP COMPANY 1997 1996 1997 1996 S$ Million S$ Million Tunww 354.7 338.5 +5
      686 words
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  • THE WORLD
    • Article, Illustration
      US economic data may trigger selling pressure
      596 11  -  NEW YORK Tm Miijr U say if Arias ends could be moderating factor: economists By. Andrew Marks MORE data this week showing continued robust economic growth could trigger selling on Wall Street but economists say it's too early to draw conclusions on whether
      596 words
    • Article
      Lock icon WorldCom's MCI takeover faces extended EU probe
      370 11 BRUSSELS Bloomberg WORLDCOM Inc's proposed US$4l.B billion (5568.3 billion) acquisition of MCI Communications Corp will face an extended anti-trust investigation by the European Commission, postponing a final decision until July and possibly forcing the companies to divest some of their European Internet activities.
      Bloomberg  -  370 words
    • Article
      Lock icon Clinton warns Iraq: don't renege or we'll strike
      177 11 WASHINGTON NYT,AFP PRESIDENT Clinton asserted on Tuesday that the United States may strike Iraq without notice or further diplomacy, unless UN inspectors are allowed full access to Iraqi weapons sites. Underscoring the continuing risk of military conflict in the Persian Gulf, the
      NYT,AFP  -  177 words
    • Article
      Lock icon Fine balance of expansion, restraint: Fed
      227 11 WASHINGTON AFX FEDERAL Reserve Board chairman Alan Greenspan said the US economy is "now subject to a fine balance of powerful forces of expansion and restraint". In testimony prepared for delivery to the House Budget Committee, Mr Greenspan said that "there can be no
      AFX  -  227 words
    • Article
      Lock icon Computer crime booming: study
      331 11 SAN FRANCISCO Millions lost in incidents of viruses, theft, financial fraud Reuters COMPUTER crime is booming and few people are doing enough to protect themselves against assaults ranging from stolen laptops to high-tech Internet heists worth millions, a watchdog group said yesterday. In its third annual
      Reuters  -  331 words
    • Article, Illustration
      Lock icon Kiss and make up?
      56 11 [MILAN] This picture ofa Jewish girl kissing a Palestinian boy taken by Oliviero Toscani will be featured prominently in Benetton's 1998 Spring-Summer fashion catalogue. The unidentified couple in the picture is expected to marry in the next few days. The catalogue will be presented in Jerusalem
      AFP  -  56 words
    • Article
      Lock icon US govt expected to run US$8b surplus this year
      244 11 WASHINGTON LAT, Reuters PROCLAIMING the end of federal budget deficits is at hand, the Congressional Budget Office on Tuesday said the government will run a US$B billion (Ssl3 billion) surplus this year, 12 months earlier than President Bill Clinton had estimated
      LAT,; Reuters  -  244 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
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      97 words
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      Page 11 Advertisements Column 2
      753 11 1 Tit pacific can investment holdings ltd 4 I f f f (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held on 20 March 1998 at 10.00 a.m. at 19 Cecil Street
      753 words
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      Page 11 Advertisements Column 3
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  • EDITORIAL & OPINION
    • Article, Illustration
      UK's neglected country folk lose patience
      678 12  -  THE BOTTOMLDVE OPINION By David Mason The writer was a partner in an international accounting firm in Singapore/or 14years. He now lives in rural Devon. He contributed this article to BT THIS weekend sees the biggest public protest in the United Kingdom for many
      678 words
    • Article
      IN OTHER WORDS
      145 12 'Reform is the key. Only when nations pursue sound policies will confidence and private capital return.' -Robert Robin US Treasury Secretary who was asking for congressional support for the IMF. 'Some of us are wondering whether the IMF is a worn-out jalopy that should be traded in
      145 words
    • Article
      Opportune moment for yen bloc
      648 12 EDITORIAL THERE is, as Shakespeare said, "a tide in the affairs of men which, taken at the flood, leads on to fortune". The same goes for economic opportunity and South-east Asian countries should be giving serious thought to whether the present is an opportune moment
      648 words
    • Article, Illustration
      Lock icon Will flexi wages do the trick?
      1120 12  -  Opinion is divided on whether Singapore's flexi-wage scheme can corb layoffs in a bnsineBs slowdown By i Carol Eng The writer is a BT reporter covering labour affairs RECENT LAYOFFS in the wake of the regional turmoil, and the spectre of more in the
      FILE PHOTO  -  1,120 words
    • Article
      WHAT THE OTHERS SAY
      856 12 Kaptoh and hypw-tnfUtion A 12.76 per cent rate of inflation last month, almost double the general price rise in January, could be the bud of hyper-inflation if the rupiah remains weak and unstable for much longer. For inflation to have taken such a leap when the
      856 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      44 12 DOOiIKSBPRY By Garry Trudeau I um-me NO. IPONT RSSPP®®|B HIS WASVNsmmSHOPTXX HELP OF PLAN ON TELL- £"*L WW HAG kH.jDRtm, iHmrio vourn/ke ingthem 5* IF Y v€mma thought MHYt&n CHECKOUT /I HANKERS* (HHATSUP wL H&H-SPEEP VCUJUSTSEH> TH£SnUA-[M\ tUTTHMY P CHA6B-THROUGH i THROUGH V SO&xjle
      44 words
Page thumbnail Page 13
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      234 13 Where to wine, dine and entertain... Pma t at 3&H 4545 kttp ://www.ana-kotels. com Not just seafood either. Visit our Home page and you can order tonight's dinner from our cyber selection. Browse tkrougli the menu, leave us your order and it'll he ready to pteb up before you can
      234 words
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      Page 13 Advertisements Column 2
      149 13 h i W Now at THE HEEREN in Orchard J^. t r jAul£*nlic ZJhai Cuisine Exclusive to *"—4"^^ The Business Times readers. jiVW Just present this ad to jiJL m enjoy 15* discount At THE HEEREN outlet only. OffrrvaUd till 31 March *96 or reservations, call 7J6-199S (smonGjifass THAI RESTAURANT
      149 words
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      Page 13 Advertisements Column 3
      152 13 -rv;ri' SDi'op In Fgr j Happy Times J from 3 pro to "/pin daily 4 J when our wines, spirits J H and beers are going at 2 !just Half Price, (.And spread the word 3 to your happy friends.) JJ PAOLORING'S I imitroii A i Oftmrng hours frtm 1
      152 words
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      Page 13 Advertisements Column 4
      240 13 shift imi ia Gati"THm*l Iw't ■!»> it ii titty CluiiflW tkii )iM, 1&) *Mrfp+y I fffesomsMUUHi ONLY I V) PER CRAB H (only available •very Tuesday A Thursday vX n tnd of MWmmtlL February 1998) Jjk IBD (For dine in only) HKfI&S/r While Crabs Last! So hurry down to -fx
      240 words
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      Page 13 Advertisements Column 5
      153 13 |j T Je| ItfT/mtAWT j Delight in a meal for (bur i and enjoy j 25% savings I j on your next meal for two i CallB3l-6271f0r reservations gj Mandarin [|j Singapore J 333 Orchard Road, Singapore *****7. Tel: 737 4411 j r- Dine for Free in our Garden* Wi
      153 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      848 13 TV&BADIO F^_# m n w AM Party of Five Des 1030 Friends In Need (Japaperate Measures (See Our nese Drama with Eng 130 PM TV Innovations. Choice). Subts). K;* TOfe 4.00 Kidz Blitz Alf. LOO The Late Night Movie 1130 TV Innovations. Ew irr *J 430 DextersLab. Up The Chastity
      848 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      142 13 UKVFTIC CROSSWORD BMark, say, is leaving set con- MsItIiIfIfIuIpIpIeIrIl! IpM 1 Get money for some counsel- fused (10) [dIBeU i ling (4) 11 May he seek a hobby? He has 2 It helps one look you in the one already (13) eye, when giving you the 13 Motionless, like farm
      142 words
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  • EXECUTIVE LIFESTTLE
    • Article, Illustration
      Designers look back to the '60s
      896 14  -  Two collections have been outstanding in Milan, writes amme-ikaribschiro ANNE-MARIE SCHIRO UNTIL just a few years ago, the fashion world looked to Milan not for creativity but for reliability. Paris was the source of inspiration, the style leader, Milan supplied beautifully-made suits in fine
      896 words
    • Article
      The disastrous price of adultery
      469 14 FILM Post Coitnm reflects on the despair at the end of a love affair (PARIS] So, Brigitte Rouan was asked over tea and biscuits in her Fifth Arrondissement apartment: where did she get the idea for Post Coiturn, a new film she wrote and directed
      469 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      810 14 I HIV. I TJI Bank Keppel Bank of Singapore Limited (Incorporated in the Republic of Singapore) The Board of Directors of Keppel Bank of Singapore Limited is pleased to announce the following:1. AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1997 THE GROUP THE BANK 1997 1996 1997 1996 $'000
      810 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon DBS, Tat Lee, Keppel make extra provisions for regional loans
      595 15  -  made in coanhation with MAS, may net eventually be used By I Catherine Ong [SINGAPORE] Three local banks which released their year-end results yesterday said that to buffer against further deterioration in quality of their regional loans, they have added
      FILE PHOTO  -  595 words
    • Article
      OCBC going into Islamic banking
      149 15 [SINGAPORE] OCBC Bank will go into Islamic banking in Singapore within a month. OCBC will be the first among the Big Four local banks to offer Islamic banking accounts. However, in the unit trust industry, DBS Asset Management offers a fund in collaboration with Mendaki,
      149 words
    • Article
      Rules in the disk drive industry have changed
      715 15  -  HOCK LOCK SIEW Jennifer Lien Jk NALYSTS speaking at an J annual data storage con- AA ference forum had a grim message for delegates yesj terday: the rules of the I disk drive industry have changed, pos- sibly permanently. Just look at
      715 words
    • Article
      Plaza Singapura finds tenants for 70% of its space
      134 15 [SINGAPORE] DBS Land s Plaza Singapura, now undergoing a $85 million revamp, has found tenants for 70 per cent of its 458,148 square feet of net lettable space. The latest tenant to sign up for space in the mall is Daimaru
      134 words
    • Article
      Hong Leong Asia IPO 28 times subscribed
      219 15 [SINGAPORE] Hong Leong Asia's offer of 4.75 million new shares to the general public has been 28.2 times subscribed, the building materials supplier said yesterday. The initial public offer (IPO) of 95 million new shares, of which 90 per cent or 85.5 million
      219 words
    • Article
      CSC Holdings looks set to join IPO bandwagon
      403 15 Of expected 40-50 m shares, 20-30% likely to go to the public [SINGAPORE] CSC Holdings, the holding company of piling contractor Ching Soon Construction, will be next to join the listing bandwagon. Over the next few days, the company is expected to
      403 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Sime Bank busts official cap on share financing
        718 16  -  MALAYSIA'S BAMEDTG WOES Speculation mounts that Bank Bumi is being positioned as a merger target From, Eddie Toh, Meera Tharmaratnam m Kuala Lumpur TROUBLED Sime Bank, which is in need of 1.2 billion Malaysian ringgit (Sssl7 million) in fresh capital, yesterday revealed
        AFP  -  718 words
      • Article
        Bank Negara reassures MAS on banks' deposits
        235 16  -  It folly guarantees deposits at all ITsian banks in S'pore By i Clarissa Tan [SINGAPORE) Bank Negara has confirmed that it fully guarantees the deposits at all Malaysian banks and finance companies operating in Singapore, the Monetary Authority of Singapore (MAS) said yesterday.
        235 words
      • Article
        Sime S'pore posts 26% fall in interim net profit
        228 16  -  By, Abdul Hadhi [SINGAPORE] Sime Singapore yesterday announced a 26 per cent fall in group net earnings to $12.8 million at halftime. The drop in group net earnings for the six months ended Dec 31 came on the back of a
        228 words
      • COMPANY Briefs
        • Article
          Semb Resources '97 profit down 47%
          122 16 [SINGAPORE] Sembawang Resources (formerly Resources Development Corp) has reported a 47.7 per cent drop in group after-tax profit to 18.07 million for the year ended Dec 31,1997. Group turnover for the period rose 21.4 per cent to $313.36 million. It has made a provision
          122 words
        • Article
          Serial Systems gets SES nod
          71 16 [SINGAPORE] Sesdaq-listed Serial Systems has obtained in-principle approval from the Stock Rxphiiny* of Singapore for the listing of its proposed private placement of 17.81 million shares at 67 cents each, in accordance with its earlier agreement with New York-listed Marshall Industries. Major US electronics components
          71 words
        • Article
          Ossia drops plan to buy envoy site
          63 16 [SINGAPORE] Sports distributor Ossia Intranational will not be going ahead with the proposed acquisition of the former residence of the Cambodian in 10 as some conditions erf the purchase option has not been fulfilled. Ossia obtained the option to acquire theloo,ooo sq ft
          63 words
        • Article
          Clipsal unit forms Indian joint venture
          59 16 [SINGAPORE] A SO per cent-owned Australian associate at mainboard-listed Clipsal Industries—Gerard Industries has agreed to form a 50:50 joint venture with India's Electric Control Gear. The joint venture company will manufacture and market a wide range of electrical installation products for the Indian market
          59 words
      • Article
        Lock icon Lippo China denies sale of HKCB Bank slake
        173 16 Reuters [HONGKONG] Lippo China Resources Ltd said yesterday it had no intention to sell its interests in HKCB Bank Holding Co Ltd. "The company has no current intention of disposing of its interests in HKCB Holding or any significant interests in its
        Reuters  -  173 words
      • Article, Illustration
        Three Hong Leong M'sia units post interim losses
        406 16  -  HLG Capital stack with 70% of O'Connors after client defaults By] Meera Tharmaratnam in Kuala Lumpur TWO units of the Hong Leong group, controlled by tycoon Quek Leng Chan, reported losses in their interim results for the six-month period ended Dec 31
        406 words
      • Article
        Lock icon Thailand's CP Group to sell some China ventures amid slump at home
        207 16 Bloomberg [SHANGHAI] The CP Group, Thailand's biggest investor in China, is planning to sell some of its business there to raise cash as the Thai economy slumps. The Thai company, whose interests include property, retail, telecommunications, and agribusiness,
        Bloomberg  -  207 words
      • Article, Illustration
        Lock icon Falling passenger loads seen halving Cathay's 1997 profit
        392 16 Reuters [HONGKONG] Cathay Pacific Airways Ltd's net profit is expected to have fallen by more than half in 1997 under the weight of slumping passenger figures, and 1998 should see the storm continue, airline analysts said. The Hongkong carrier is due to
        Reuters; FILE PHOTO  -  392 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon BHP shares surge after MD resigns
        431 17  -  Counter rises &2% as investors welcome move to find new face to rejuvenate company From Russell Baker in Sydney THE sudden resignation of BHP managing director John Prescott yesterday sparked a big rally in the company's shares as investors welcomed the news that BHP
        REUTERS  -  431 words
      • Article
        Lock icon Texas Instruments sells stake in Acer joint venture
        224 17 Bloomberg [TAIPEI] Texas Instruments Inc has sold its one-third stake in a money-losing semiconductor joint venture with Acer Inc, ending its nine-year tie-up with Taiwan's largest computer maker. TI sold the stake in Texas Instruments-Acer Inc to Acer itself, leaving the Taipei-based
        Bloomberg  -  224 words
      • Article
        Lock icon US PC makers shares fall on price cuts
        475 17 Steady fall in PC prices seen eroding profits Bloomberg [NEW YORK] Shares of Compaq Computer Corp, Dell Computer Corp, Gateway 2000 Inc and Hewlett-Packard Co fell on Tuesday amid concern the steady drop in personal computer prices may start to erode profits
        Bloomberg  -  475 words
      • Article
        Lock icon UBS to shed 145 equities staff in Asia
        501 17 Seventy offered jobs in new company nfter merger with SBCWarborg AFXAsia Bloomberg [SINGAPORE] ÜBS will shed at least 145 staff involved in equities business in Asia as the first stage of the bank's merger with SBC Warburg Dillon Read gets underway in
        AFX- Asia; Bloomberg  -  501 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Tokyo banks slash staff to qualify for rescue fund
        462 18 30 trillion yen of taxpayers' money available to help revitalise ailing banking sector AFP [TOKYO] A string of Japanese banks yesterday said they would slash staff numbers in a bid to qualify for rescue funding to prop up their weak capital.
        AFP  -  462 words
      • Article
        Lock icon Biggest Belgian bank to merge asset management units
        302 18 Bloomberg [BRUSSELS] Generale de Banque SA, Belgium's biggest bank, said it is reorganising its asset management units around the world into a single company with 1.3 trillion francs (5556.1 billion) in assets in a bid to cut costs and attract new business.
        Bloomberg  -  302 words
      • Article, Illustration
        Lock icon Sell gold through auctions, Euro central banks urged
        477 18 Rothschild says move will be both practical and transparent Reuters [KALGOORLIE, Australia] Banking group N M Rothschild Sons Ltd yesterday called on the new European Central Bank to require national European banks to sell any gold reserves by auction. "Following a decision
        Reuters; Sort* Bwntwg  -  477 words
      • Article
        Lock icon National Mutual overhauls management structure
        265 18 Expansion of Asian business is one of the aims of new strategy Reuters [MELBOURNE] Life insurer National Mutual Holdings Ltd yesterday announced a management restructuring and a new strategy aimed at broadening its presence in Asia. The announcement, following National Mutual's Australian insurance and fund
        Reuters  -  265 words
      • Article
        Lock icon Prudential documents found destroyed
        341 18 NYT Reuters [NEWARK, New Jersey] Some 3,866 Prudential Insurance Co of America agents destroyed or discarded customer records that could have been relevant to a class-action lawsuit against the insurer, an independent auditor's report found. The report said many of the documents may have been destroyed
        NYT; Reuters  -  341 words
      • Article
        Lock icon Easier cash rates boost Euroyen
        227 18 «i MEXReport Reuters (SINGAPORE) Simex Euroyen futures gained from easier cash rates yesterday as many Japanese banks appeared to have fulfilled their funding requirements for the financial year-end, dealers said. "The Japan premium has been coming down. Most banks have already covered their needs across
        Reuters  -  227 words
      • Article
        Futures hit as Taiwan stocks tumble
        166 18  -  MSCITAIWAM FUTURES Cecilia Loh [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract tumbled a total of 13.40 points, in line with the faU in the Taiwan stock market, which posted its biggest decline in six weeks. The benchmark Taiwan Stock Exchange Weighted Price
        166 words
      • Article
        Lock icon Norway to defer oil, gas deals by a year
        227 18 ENERGY REPORT Reuters [OSLO] Norway's centrist government said yesterday it planned to postpone all oil and gas projects by a year from 1998 in an unprecedented scheme to dampen booming economic growth. "There are big dangers that the economy will overheat,"
        Reuters  -  227 words
      • Article
        Lock icon CURRENCY REPORT
        262 18 AFP London THE dollar was up at 1305 GMT to 1.8166 marks compared with 1.8089 Tuesday evening. Data released on Monday and Tuesday showed a record rise in US housing sales and an increase in the purchasing managers' index. The dollar's rise against the yen was limited by
        AFP  -  262 words
      • Article, Illustration
        Untitled
        1069 18 nrTHEBAMK OOM KATBB Mar4 Ffr Hcw-ig HipBrr*' < w$ Matrm 0.962 6.T7I 0.620 4 05 U27 5.239 26.667 63.436 0J52 10.566 2363 ti57 29 851 26.965 186 1337 0997 ***** 29.705 0.410 0.677 4 WfJ 1274 1446 *906 n.003 £164 <U013UH7 ***** ISO 3.469 L037 *****097} fcttft 0.703 cum ant
        1,069 words
    • Article
      COMMODITY PRICES
      1215 19 nooMnrrum r4 tttt CONTRACTU QQM VMM Obm U■ WH flww) M—> MJO 125 120.50 CUB 400 2725 "55* M B2J0 3325 Bt.00 4095 W«* 135.15 W75 Jmfimn ma 225 RSS 3 CONTRACT (US carts/ty VMMM 0pm w» -1M| VlMi j*! (ton—I Mag 7S25 7150 72.00 250 2565 M*M
      1,215 words
    • Article
      WORLD STOCK MARKETS
      1714 19 *T4 Nt» 31 Group 972 -4 AB Ports 339 IB AMsy NaWanal TT93 -39 AHadOomacq *****0 -17.600 Anne 154 +4400 Asda Group 197.600 -2400 ■AT M *40 -3 ■CP* _298 -TL400 WCC MO -10 ■OC Group. *60 -30 MPatrataum 859.400 H »T* 192 1-600 ■ank af Scatland
      1,714 words
    • Article
      Lock icon TOKYO
      1544 19 Bridge News QMjkkei226 -7173 THE Nikkei 225 Stock Average closed down 72.73 points, or 0.4 per cent, at 17,096.60, as prof-it-taking by local institutional investors ahead of the end-March fiscal year-end weighed on the upside in overall lacklustre trade, traders said. The Nikkei 225 March futures contract closed down
      Bridge News  -  1,544 words
    • Article, Illustration
      Lock icon HONGKONG
      1547 20 AFP :QHangSeng -74.66 THE key Hang Seng index declined 74.65 points to close at 11,350.81, off an early low of 11,192.74 and a high of 11,414.20, on turnover of HK$B.6 billion. Concerns about interest rates weighed •t"on property issues, dealers said. Late bargain hunting on HSBC, mainly by US
      AFP  -  1,547 words
    • Article, Illustration
      Lock icon CHINA
      571 20 Reuters F1 Shenzhen Binder CHINA'S hard currency B shares ended mixed yesterday as traders took a cautious stance due to weak regional markets and uncertainties ahead of the annual parliament session, brokers said. In Shenzhen, the B Index rose 0.14 point to 96.20 on turnover of HKIII million against
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  571 words
    • Article
      Lock icon TAIPEI
      367 20 AFP nWPMeg -***** TAIWAN stock prices dropped 2.5 per cent yesterday as institutional selling set the lead for retailers, taking the market barometer below the psychological 9,000-point level, brokers said. The Taiwan Stock Exchange Weighted Price Index plunged 234.29 points to 8,977.54. Turnover slipped to 3.37 billion shares worth
      AFP  -  367 words
    • Article, Illustration
      Lock icon JAKARTA
      677 20 AFP P Composite Index -15.78 INDONESIAN shares ended 3 per cent lower yesterday amid concerns that the International Monetary Fund might not release a second tranche of aid money from a multi-billion-dollar bailout package, dealers said. The Jakarta Stock Exchange Composite Index closed 15.78 points lower at 502.91. Turnover
      AFP  -  677 words
    • Article, Illustration
      Lock icon BANGKOK
      801 20 AFP □SET Mm -IL4B THAI stocks closed 2.1 per cent lower yesterday in thin volume as short-term investors took profit mainly in blue-chip banks and communications firms amid a crop of poor corporate results. The Stock Exchange of Thailand Composite Index shed 11.48 points to finish at 528.24 while
      AFP  -  801 words
    • Article
      Lock icon MANILA
      279 20 AFP Q Manila -3U6 PHILIPPINE share prices closed 1.8 per cent lower yesterday amid a correction and continued profit-taking following recent strong gains, analysts said. The Philippine Stock Exchange Composite Index fell 39.55 points to close at 2,219.31 points. Turnover fell to 1.39 billion shares worth 1.63 billion pesos.
      AFP  -  279 words
    • Article
      Lock icon SYDNEY
      595 20 AFP flmOrfaarfag +2LO AUSTRALIAN stocks gained 0.8 per cent yesterday, lifted by mining giant BHP which soared more than 8 per cent on the resignation of managing director John Prescott. The Ail Ordinaries Index gained 21 points to 2,705.4. The All Resources Index improved 29.2 points to 1,163.5, while
      AFP  -  595 words
    • Article
      Lock icon SEOUL
      387 20 AFP QOnqiofltthin ♦LB7 SHARE prices closed 0.3 per cent higher on the Korea Stock Exchange yesterday, erasing early sharp losses, with retail investors spurring active buying late in the session, dealers said. The Composite Index closed up 1.87 points at 572.76, off a low of 553.25. Volume was 86.3
      AFP  -  387 words
    • Article
      Lock icon WELLINGTON
      244 20 AFP 71 Wellington +1411 NEW Zealand's stock exchange closed up 0.6 per cent yesterday, helped by stronger Brierley Investments Ltd share price and forestry stocks. The NZSE-40 index was up 14.19 points to 2,313.28 on good turnover of NZ$74 million. i*r« *a *f- rmm ANZtanMnj 1120 -0.53 1791 Advantages
      AFP  -  244 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
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        6,713 words
      • Article, Illustration
        Lock icon Shares dive on jitters over banks
        318 21 AFP C 3 Composite Index -27.09 MALAYSIA'S key stock index fell 3.7 per cent yesterday, rocked by rising concerns that the health of the finance sector could deteriorate farther, dealers said. The Kuala Lumpur Stock Exchange's 100-share Weighted Composite Index plunged 27.09 points to
        AFP  -  318 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3294 22 ■OMOS, LOANS i VJUHIANTS Last Vat Day Last Ouata Av« HUfc Law »tw ftglg Sata *ar- COOP) MHO Law Bayar 5a8ar m 3QOO mAMOar5-MM»Q?14 rr r IS 3160 "Acar ******1 US$ 14 -I 366 14 12 12.5 14 131 8.5 3164 Acma ******4 22.5 20 23.5 25 53 24 3161
        3,294 words
      • Article
        Keep Metroplex 2000 in mind
        198 22  -  WARRANT WATCH By\ R Sivanithy METROPLEX's 1998 warrant was featured yesterday in this column. So perhaps it's only fitting that we take a look at the company's other 2000 warrant today. The instrument has less appealing numbers than its older companion but this does not
        198 words
    • Article
      CLOB INTERNATIONAL
      2069 22 Transaction Date :Mm 4 1997/98 UM v» LaotOuoto M M) nS M M Cap t—I Urn ttno Cn-im UH COOP) Hmi In 8»yor »o6or cvr P/I tmrn ~4™ 28 msSOOO A1S8S0C 99 5 631 Wl 98 99 100 50 33 U 4Q3 IOU 137 12.5 ms 5001 AM08S0C
      2,069 words
    • Article
      STOCK EXCHANGE OF SINGAPORE
      1512 23 rwwovti rood v*iw rooo) aa 2-s ss a# sar jsq -as as Sb s s I a" is »s J «M«8 f t mm J j ir >1 J mim. ■y MAIN CLM TOT At IMM yf 353 I —3 3 35 m rime* i I
      1,512 words
    • Article
      MAIN BOARD
      5030 23 Transaction Date: Mar 4 Or Or M Wt 1997/90 Lu) Val 0«Y Last Ouott Otv Otv YM Nat Cm A«f stNo Company M« COOP) HOgfc Law fcg SaUar H Cm H P/I $i^Mee 1ST 103 a 1020 ACE Dynamic sOOc 37 unch 37 37 34.5 34.5 34 joj
      5,030 words
    • Article
      SESDAQ
      1029 23 Or fir M Wt 1997m LMt V* Day Laat Owtl 0* Ot* VM Mat Cap *«1 t— »W» C—yy ggt rOOO) Hl» L— Dnyar 5*6ar Cw >/t SW Prtca scsmo -t v sxmsmmmMMHHI 166 76 2000 UIHMwic 103 -1 4 103 103 IOO 105 3.0 6.0 0.2 M7.1 4M
      1,029 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        212 24 Sticks Volume •Renong BM 50c 23.708.000 *M Resources 20.942,000 met Capital 19,564.000 Hekapacific Bti 18,245,000 Easyknit MKIOc 16,772,000 •Pub Bk Foreign 9,533,000 •Berjaya Group 8,854,000 •UnipOoenix 8,260,000 •Multi-Purpose 6,917,000 *M8f LandBM 6,605,000 «Kl» SIA Foreign 26.745,800 SPH Foreign 24,346,333 *M Resources 19,950,560 •Renong Bhd 50c 15,739,460 •MBf Capital 13,431,820 SingTel
        212 words
      • Article, Illustration
        HOT STOCK
        58 24  -  -by Shiv Taneja MBF Land closed one and a half cents lower yesterday at 32.5 cents on a volume of 66 million shares, compared with its 10-day traded average of 9.7 million shares. The daily and weekly RSI and Stochastics indicate further downside in the near term, and
        58 words
      • Article, Illustration
        Lock icon Fears grip market after shocking Sime Bank loss
        655 24  -  STOCK MARKET COMMENTARY Players stay away amid jitters over the health of the banking sector and worries about corporate earnings By R Sivanithy [SINGAPORE] The local stock market was rattled yesterday as fears about the health of the banking sector and worries
        Chart info from Bridge  -  655 words
      • ON THE GRAPEVINE
        • Article
          Adding fuel to the haze
          74 24 HERE'S a foreign wag's solution to the haze problem in Singapore and the region. He suggests that with Indonesia now all but giving up hope of containing its forest fires in Kalimantan, somebody should help the country to start more fires so that soon there
          74 words
        • Article
          Stocks: the four 'S's'
          104 24 ANALYSTS have to continuously come up with new ideas on how to better sell their otherwise dull reports. For instance, many houses have come up with catchy terms such as "winners", "dogs", "long-term hold", "buy-buy", "sell-sell" in their stock recommendations. In its latest analysis of the
          104 words
        • Article
          That sinking feeling
          90 24 AT A recent lunch, a group of businessmen were joking that business was so bad that this year is going to be called the Golf Year as idle time was likely to be spent on the fairway. However, one of them, an avid golfer, said the situation
          90 words
        • Article
          Koeneman seeking buyer?
          45 24 ACCORDING to fund management circles, local fund outfit Koeneman Capital Management is seeking a buyer. Interested parties include DBS Asset Management, they said, but added that most of Koeneman's fund managers nave left Company founder John Koeneman couldn't be reached for comment
          45 words
        • Article
          Sherb drawn to Sheratons?
          92 24 AFTER more than seven years in Singapore, Rudi Sherb, a leading personality in the hospitality industry here and general manager of ANA Hotel Singapore, is leaving for the now not-so-green pastures of Bangkok. One of Mr Sherb's best achievements was to oversee the turnaround in the
          92 words
        • Article
          A helping hand...on the way out
          52 24 WE HEAR that employees in SBC Warburg Dillon Read and ÜBS Securities who got the axe yesterday received more than just redundancy letters. They were given a hotline number as well. Ifs for those who can't take the bad news and thus need counselling.
          52 words
        • Article
          Hello, we're all out
          54 24 A CALL to the banking analyst in ÜBS Securities yesterday was met with this recording: "As you are probably aware, the ÜBS research team in Singapore has been retrenched and we are no longer in the office." It ended with a laugh or a sob—it was
          54 words
        • Article
          And here's the late news
          98 24 HONGKONG'S leading English daily. South China Morning Post, on Tuesday ran a story quoting a confidential report by the Singapore government which urges officials "to use all means" to persuade prominent companies to establish their regional headquarters in the city state. Actually, the story came
          98 words
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      Page 17 Advertisements Column 1
      507 17 j J Plastic is efficiency. Use it to beat the clock by calling Cab Charge Express a City Cab taxi booking service specially designed for credit card holders. IJust dial 552 5252 and in five quick steps, youH enjoy the convenience of 36 pre-selected pick-up locations in prime areas, shorter
      507 words
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      Page 24 Advertisements Column 1
      320 24 BUSINESS Notices In the Matter of THE COMPANIES ACT, CAP. 50 And In the matter of NOZAKI TRADING SINGAPORE PTE LTD NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act (Cap. 50) that the Final Meeting of Members of the abovenamed Company will be held at the
      320 words
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      Page 24 Advertisements Column 2
      392 24 IN THIMATTU Of THICOMPANIES ACT, CHAPTHSO and IN THf MATTER Of PHMOSCfMCOt) PTE LID (INCOtPOtATH) IN THE KPUBUC Of SiNGAKXE) PNUQUDATION) (MEMftEIS' VOIUNTAIY WINDING-UP) Al on Etfoovdhory Gmarel Mating of to obovanomad Company duly cannd and held at 111 floor, F26-29, YowOman flaza. Jala* Tun Kazok *****, Kuala lumpur, Mdoysio
      392 words
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      Page 24 Advertisements Column 3
      311 24 IN THE MATTER OF THE COMPANIES ACT, CAP. SO HEAP HWA A CO PTE LTD (In Members' Voluntary Liquidation) At an extraordinary general meeting of the company held at 315-317 Jalan Besar. Singapore *****3 on 27 February 1998 the following special and ordinary resolutions were duly passed SPECIAL RESOLUTION That
      311 words
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      Page 24 Advertisements Column 4
      300 24 To advertise call toll-free 1800-741 1883 SHERIFF'S SALE MOTOR SHIP Oil VESSEL "TRANSMARINE" (Admiralty In Rem No. 720 of 1997) PARTICULARS Of VESSEL Name of Vessel "TRANSMARINE" Call Sign ELTK6 Port of Registry Liberia, Monrovia Type A motor, 4 Cargo hold, tweendecked, general cargo vessel of ail steel welded construction
      300 words
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      Page 24 Advertisements Column 5
      454 24 NOTICE This is to inform the public that Mr. Lim Ah Teo, NRIC No. *****49/B, is no longer a Director of our company. He is therefore not authorised to transact any business or collect any monies on behalf of the company. KOHE CONTRACTS (S) PTE. LTD. 37 Tuas Avenue 13
      454 words
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      Page 24 Advertisements Column 6
      160 24 ||K) OUB SECURITIES PTE LTD (A wholly-owned subsidiary of the Overseas Union Bank Group Ill—Hi and a member the Stock Exchange of Singapore Ltd) invites suitable candidates to join us as ASSISTANT DEALERS Successful applicants will be trained in activities such as arbitraging, derivatives and proprietary trading. Applicants must have
      160 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      300 25 Reuters Bridge News, TRADING was sluggish for the Panama* market in both the Atlantic and Pacific, with details sketchy on what little has been fixed. In the capes izes, the Atlantic market continued to soften with lower rates reported on voyage basis. It was not an active market
      Reuters; Bridge News,  -  300 words
    • Article
      MARITIME STOCKS
      89 25 gsteEB -as C*w»vwtmwit _0J0 -003 1 ss <,ss s 0-57 -0.07 210 a jayttHMkvp— CL455 unch 4 JuronaSNpv«rt— -0-20 ITf »s—as °s; —III «tt '04 i y*- -o- 7 ■<"»• os 4i> ssssss;-® ss «s rurtrnvt VM SM»tMrlMtU*.L09 inch W S"»W«HC<H _3J4 -0.1* 10*1 0-33 -0JJI M WM
      89 words
    • Article, Illustration
      Lock icon Inchcape to sell Asian shipping business too
      498 25  -  Likely to take 6 months before S'pore operations will be affected By Felix Chan [SINGAPORE] Jnchcape Shipping Services' agency network in Asia would not be spared in parent Inchcape pic's plans to divest its shipping and product marketing business as part of a
      FILE PHOTO  -  498 words
    • Article
      Lock icon Asian woes may lead to shakeout in Greek-based dry bulk sector
      278 25 Bridge News [ATHENS] Greek-controlled dry bulk shipping faces a continuing crisis that could lead to a shakeout among firms as long as Far Eastern economies remain uncertain, a Greek shipping source said. The collapse of a flourishing dry bulk
      Bridge News  -  278 words
    • PORT Shots
      • Article
        Lloyd's Register chief in Korea
        140 25 [SEOUL] Lloyd's Register (LR) chairman Patrick O'Ferrall visited South Korea's major shipyards last week. During f his week-long stay, which took place against the background of the country's economic turmoil, Mr O'Ferrall visited the Halla yard which is now under bankruptcy protection. He also went
        140 words
      • Article
        New services Thamesport volumes
        53 25 [LONDON] Two new services have boosted volumes through UK port of Thamesport to 75,000 containers (112,000TEUs) per annum. The transatlantic services by alliances led by Canada Maritime (Canmar) and Lykes Lines respectively started in January and February. Thamesport, recently bought by HfT, handled 266,814 containers (396,000
        53 words
      • Article
        ITF warning to shipowners
        137 25 (LONDON! The International Transport Workers Federation (ITF) last week warned owners they could suffer If the the current ports dispute in Australia carries on. The Australian government is committed to farrsaching waterfront reform while the country's National Farmer's Federation, though a linked company, is pressing ahead
        137 words
    • Article, Illustration
      Lock icon Manila port operator to handle conventional cargo
      659 25  -  Manila 1 Container Terminal breaks monopoly of Asian Terminals From, Alec Almazan in Manila [MANILA] After operating as a pure container port since it started in 1988, the Philippines' largest international container terminal has diversified into non-containerised operations. The Manila International Container Terminal
      FILE PHOTO  -  659 words
    • Article, Illustration
      Chairman shares secret of company's success
      620 25  -  SHIPSHAPE By] Marcus Hand A COMPANY'S employees are the most important factor in its success, according Peter Gibert, chairman and chief executive officer of US-based logistics provider Circle International. So important he believes, he actually gave part of his former company Sekin Transport International
      620 words
    • Article, Illustration
      Lock icon Fleet operators under pressure
      1123 26 JAPANESE OH. TANKER INDUSTRY They may be profitable but they face shorter-term contracts from oil companies and harsher financing conditions Maritime Asia COMPARED with their harassed colleagues in the liner division, the men who manage the crude oil tanker fleets of Japan's leading shipping companies might
      Maritime Asia  -  1,123 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      195 26 PAOC DJ* Lloyd 9 ACL 9 Dohqmim 7 AMI J Accord iMinrtilc 5 foMjSun I Artro 4 6U 4 Astro 3 t Mftr U 1 Austrol 9 iy Hoi Sun Hup flifmtxlo 7 Boyswotor 7 HoungA 6 .r cw Interoslo 6 COSCC S
      195 words
    • Article
      SHIPPING GUIDE
      24751 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartlsar Vassal Voyaqa TalapHona ETA ETA Advartlsar VmmI Voyaqa TMvtem SIN Dast'n Nam* Nana Number Numbar SIN Dast'n Nan* Nam* Nurntir Numftar mmmammmmmmmmmmmmmmmmmmmmmmmmmmmmmmmrnumum mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 2V81 25/03 NZ-Orlant NZOL CRUSADER V.07S/M *5-*****22 To ABIDJAN (ABJ) 2003 To camb a L (aJU 2 4 Ivory
      24,751 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        730 39 Voy No Nftll Arrlvd Doporturo if* U 1 *!no 04.01/1400 *NMM MAM J01 MngMt MM/WOO *tM« *****0 J01 HonqtKk 04.0VJ0C *W«* HM4 J01 MOOflM OS 03/0130 oio3*o JOI mmwi 0503/0*00 C Prayttt 03/03 J0* Hon«M* 04.03/1*00 CM* *M 277 JOT IM4MI OS 03/0400 fMU tf* J02 Ma«Mt 04.03/1700
        730 words
      • Article
        CONTAINER SCHEDULES
        1363 39 RECEIVING OF EXPORT FCt CONTAINERS AND La CAROO Booklng/BtUnct Ritls Strip Vy Wo Etfc/itr Nrto< Frw To fnm ka Mr tM 04/ZJ51 U (VWO OVMW 00*00 (KHOC x."-m 54/roc U MM WWW MM it 05/o*oc 0!;0'00 05/1151 DV^OC ovrwo $um mum immi wtw 07A300 u ovm» ovo*w mw
        1,363 words
      • Article
        GLOBAL HOLIDAY
        204 39 Mar 17 United Kingdom: St Patrick's Day. Mar SO Japan: Vernal Equinox Day. MarSl Mexico: Juarez Day. MarM Greece: Independent Day. AprO Hong Kong: Chlng Ming Festival. A»r 7 Brunei- Harl Ray a HaJl. Malaysia: Harl Raya Hall. Apr* Denmark: Maundy Thursday. Mexico: Maundy Thursday. Apr 10 Australia:
        204 words
      • Article
        COCKETT BUNKER MARKET REPORT
        810 39 THIS report, complied by Cockett Marine OU Ltd. *how* price range* In US dollar* In*tead at single price* for a more comprehensive description of the market Prices shown are baaed on averagssiaed stem. Market movements are indicated. The Cockett Bunker Price Index chance and the Individual
        810 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        468 39 MM WIOS OJ »J' OM 106 0.06 F M °»»*T Wrtor OqMQm uk Umktm iilait No Mom £25 S 0 4 I' 0 %*M 300 Aw MS 0J OJ 0.06 26 0.01 It/Hi kM kua J22 1,0 9920 10 17.9 O.M O.M «*f» »t/9 »Ml %VH
        468 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Simulation of Taiwan's worst air crash shown
        412 40 AFP [TAIPEI] Taiwan's aviation authorities have made public a computer-aided animation film simulating the last moments of a China Airlines plane before it crashed, defying a prosecutor's warnings. The film, in three parts, tries to reconstruct the status of the plane shortly before
        AFP  -  412 words
      • Article, Illustration
        Lock icon Virgin orders trains from Bombardier
        174 40 AFP [LONDON] The British Virgin group, which has diversified into rail transport, has ordered trains from Bombardier of Canada costing £850 million (552.37 pillion), Virgin said on Tuesday. Virgin, which manages two rail passenger companies on the privatised British network, also confirmed a contract announced
        AFP  -  174 words
      • Article
        Lock icon Weak rupiah forces some Indon airlines to cut flights
        462 40 Routes have also been dropped to cat down on operation costs AFX-ASIA [JAKARTA] Several Indonesian airlines have had to drop routes and reduce flight frequencies to survive the effects of the currency crisis, company executives say. "We have cut down on
        AFX-ASIA  -  462 words
      • Article
        Lock icon Delta in code-share deal with Aeropostal
        233 40 Reuters [ATLANTA] Delta Air Lines said on Tuesday that it and Aeropostal of Venezuela had signed a code-sharing agreement on flights between the United States and Venezuela. The agreement calls for Aeropostal to code share on Delta's new Atlanta to Caracas flights, which will
        Reuters  -  233 words
      • Article
        Lock icon Thailand's car output in Jan down 79%
        251 40 Domestic market hit by region's currency turmoil AFP [BANGKOK] Thailand's car production dropped drastically in January as the region was hit by economic turmoil, but the exports of fully builtup cars soared, officials said yesterday. The Thai Industries Federation said in statement that
        AFP  -  251 words
      • Article
        Lock icon JAL to slash 200 airport jobs in US
        143 40 Reuters [TOKYO] Japan Airlines Co Ltd (JAL) said yesterday it will reduce its work force at four airports in the US by about 65 per cent in a bid to cut costs. The airline aimed to save 2.50 billion yen (SS32 million)
        Reuters  -  143 words
      • LOG Book
        • Article
          Lock icon Sri Lanka holds talks with Emirates
          98 40 Reuters [COLOMBO] The Sri Lankan government said on Tuesday it was holding negotiations with Emirates Airlines for the sale of a 40 per cent equity stake and management of its national carrier. Air Lanka. "The negotiations are the result of a process that culminated
          Reuters  -  98 words
        • Article, Illustration
          Lock icon Toyota car at Geneva show
          63 40 Reuters [GENEVA] This combo photo showsthefig>fl£ and rear of the Toyota Yaris pictured at a press preview at Geneva Car Show on Tuesday. The Yaris, which featufo a-16-valve Mitre engine and continuous Variable Valve Timing (Toyota WT-i system), will be constructed mjthe Toyota plant in
          Reuters  -  63 words
        • Article
          Lock icon ANA starts own cargo sales in China
          81 40 Reuters [TOKYO] All Nippon Airways Co Ltd said it had begun undertaking independent cargo transportation sales and reservations in China. ANA said it began the sales and reservations in Beijing and China's northeastern city of Dalian on Jan 29, in the eastern city
          Reuters  -  81 words
        • Article
          Lock icon Mitsubishi cuts output in Adelaide
          61 40 AFX-Asia [ADELAIDE] A downturn in Japanese car sales has forced Mitsubishi Motors Aifstralia Limited to cut production at its Adelaide manufacturing and assembly plants, the company said. Mitsubishi said its Lonsdale engine plant and its Tonsley Park car assembly line would both shut down for
          AFX-Asia  -  61 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1440 40 CITY FUfiHT CM fUSKt CT> mmm crm tm sow iatjos 2220 UMMt 6*7381 19)0 1*7302 2050 fJ? 22 JS. B S? B UJ43 0550 KLA36 2335 $M .in0_WI0 0H5. S025 0700 fimihlWC ***** WO C2352 0255 HJ37 IM0 COM 2035 SIMM 1025 Attwt ***** 0045 S0340
        1,440 words
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      Page 26 Advertisements Column 1
      689 26 S*i» «»i» W?< O 1. »> J SmqAPOM CAIJFORMAEXPREBB (PWICT FROM WIST COAST) |QULF KARACHI EXPRESS (OKX) yOY OAK VAN SIA U SM VESSfi WY MA MM RAN Ul flft" MM SM omt m/m Ot/n i*7w oj/oj mchkoi io/w n^TUrn ~vm""m/m"~nJmT Smi ,7WS#7 H/W »/W IJ/W BWYMOO 051 M/ 0)
      689 words
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      Page 26 Advertisements Column 2
      60 26 Sgn captrans shipping ltd WEEKLY SINGAPORE CALCUTTA HALOIA SINGAPORE VMS<L IN VOY OUT VQY CALCUTTA SJNOAPOtI CALCUTTA MIREMAD 006EB 007WB 26/02/98 06/03/98 11/03/98 STEAMER FORTUNE 108EB 109WB 04/03/98 16/03/98 MINTSi Sm Dragon Shippfe* A«oo<los (A DMiten of Jartiino Mofhoaon (»ln W o.o) Lid) 1 MoHHmo Sqooro 010-46, Workl Trodo Contra
      60 words
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      Page 26 Advertisements Column 3
      610 26 Un 4, ViC rW f e<J kWwc tft. (SW§®;] by M*~oer» o< the Regislry c< Sngapore Freight Fomwders vpHPAccredited Shipping Agents. CIIm/ Association Singapore Shipping AseocaMon Full Cover Insurance Serivces To Moscow CIS Mongolia "r«i -«■*> Call Garetti Evans 1 Moscow ContainerC|ne (Singapore) Pte Ltd Tel: 272 7188 Fax: 272
      610 words
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      Page 27 Advertisements Column 1
      980 27 SAX SERVICE (DIRECT) Ivesa vot sura CDt mm m hyc MX AMAZOMTI 01X 19/02 05/03 10/03 10/03 11/03 11/03 11/03 11/03 12/03 12/03 mSMCOHYX 0011 2S/02 12/03 17/03 17/03 11/03 11/03 U/03 11/03 19/03 19/03 WOLMOAiaan 0371 09/03 19/03 24/03 24/03 2S/03 25/03 25/03 2S/03 20/03 20/03 APIIADf 001E 11/03
      980 words
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      Page 27 Advertisements Column 2
      2288 27 I HANJIN SHIPPING r CANADA* WVSI/VOT I OAM ISM UKNAU/VOT {U TO* DM pPM r~oi MS? WT OTT MU Wt MM m TUL j TY2 hhomcmmsoooi m/m m/m oma 27/ M m/m w/n w/m m/m m/m 31/ M oi/m oi/m oi/h "m/m" ~w/M~~oi/M~ m/m H. HOMG K0446 0401 04/ M
      2,288 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      927 28 CjT DSR-SENATOR Round the World Container Services EVERY SUNDAY 17 DAYS TO LONG BEACH 19 DAYS TO SEATTLE 21 DAYS TO OAKLAND NEWSHIP AGENCIES PTE LTD SINGAPORE: TEL: *****10 FAX; *****30 TLX; RS ***** FOR ENQUIRY BOOKINGS: JENNY/LAY CHOQCATHERINE *****44/***** PORT KLANG: SINAKAN MALM SDN BHD TEL: 0*333*788 (5 HUNTING
      927 words
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      Page 28 Advertisements Column 2
      1170 28 MY VML >ntarn t Web SM Mt P "www.yml.com.tw flkioltt£4l44'* fk -n IJ.VIfVWirMM'I-^lH>rrMl lj'i/HlM'l,]&HB>H'Wl'lf'lfl/.!;lfUI j'iJIIIJHfI'JMI AMWM. RXED DAYTUCSDAY VESSEL VOY LEH FXT HAM ANR HFA §!W MING SUN ABO3E SID SLD SLD SLO SLO 10/03 MING GALAXY ABO4E SLD SLD SLD SLD SLD 17/03 GIBRALTAR B ABOSE SLD SLD SLD
      1,170 words
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      Page 28 Advertisements Column 3
      479 28 LINK 97 jA Tib UIMU NUb *****11 MUARA LABUAN j rosa »t nt ra vcsa vot its iu VO« MUUU SFOtf UN APM GUXT VOH/OO 05/03 00/01 *«*GU*T VMC/W OS/11 0»/W IPtOSW VO7I/W 11/03 10/03 1«0W WI/* 11/0) 17/ D AnttGuxr von/w 17/03 20/03 mtaarr von/w 17/01 71/u J. NOW
      479 words
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      1182 29 I VESSEL VOY tUt IWK IMU I PKO I W IHW IMM |M BMt~ IRAN SHOJAAT PJL-1271 16/03 24/03 IRAN TEYFOURI PJL-1273 18/03 27/03 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN, KIRGISTAN. TADZHIKISTAN GEORGIA VIA B. ABBAS. BIK AGENT IN
      1,182 words
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      Page 29 Advertisements Column 2
      1636 29 TO BMNOS AMIS, 1 MONTIVMO, SANTOS I EVIRY FUMY I HOWTIIY TO WTOMA 1 rSINGAfOAE'S GCNERAL AGENTS: A SHENTON WAT TD: 1H IWO FAfcHMMI OUTWMft(I/l) COSTAKSHIWHC Ml LTD «g/gg... <»"" COSTA* JtCfNCIES (M) SM BHD CT NO: )iy»7IWOOOM TOWH TWO (OfcllO*) *****50/S5 T/SHnBT DCFT *****25 IE: 03-07-3$ ***** FAX; 02-07-*****70
      1,636 words
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      Page 29 Advertisements Column 3
      536 29 It— EASTERN CAR UNIR, LTD. 161 fc te Ea (SINGAPORE) PTE LTD I 1 SPIGAUZE IN RORO t, HEAVY UfT lIPTO 122 TONS ECI (SiNWOtf) PTE UP LOADING FOR MAP TA PHUT/BANGKOK LONG BEACH/VANCOUVER/TACOMA MV "COSMIC MASTER" V.48 MV "COSMIC MASTER" V.4S ETA SN 10/03/98 MTP '5/03/98 EU SIN 10/03/98
      536 words
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      Page 30 Advertisements Column 1
      1273 30 IGP I ROM ANW H6G THP ZEE LKW LMV TUP ROM ANW HB6 PKL MP E. RESULT RW-019 BMB 29*3 82*4 24/03 3103 81*4 82*4 E GARLANO RE-062 96*2 IMB 98*2 11*2 13/92 88*3 IMB E. ROYAL RW-038 14*3 I #3/04 (MM 94*4 88*4 07/V4 WM E GLOWING RE-843 28*2
      1,273 words
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      Page 30 Advertisements Column 2
      805 30 CCTtar Ml M'SIA NV\~l 8BU: (034) *****3 *AN«Jk: <632)*****24 S^^SSo P. KW ANffr fO3) 3MQ377 JKr. (21) *****07 MOW: (81) 3443Q KUCHMG(O32) *****1 -3 MANILA OINOA/II MAtvt MV "SEVEN SEAS AURORA" V.802N MV "MSC ROSSEUA" V.9808-3 ETA SIN: 8-3-98 PTA cikj. Q.'I.QO ALSO ACCEPTING TO SOUTH HARBOUR FEUXSTOWE/ROTTERPAII/HAIMBUR6 AUCKLAND MV
      805 words
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      Page 30 Advertisements Column 3
      332 30 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VBSE I VOT I SW fUI P«t I <PT i »/mT mroiiwiCESs ore a/n g/n mmoußi BB wao M/B w/p M/M u/u mnipuGw ooss m n/M iy* mwufwia cis os/m m *i/m mwuvßws m ivm jvu vm 01/15 MM mamot ws
      332 words
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      Page 31 Advertisements Column 1
      513 31 BSfl n. mm MYANMA HBk FIVE STAR LINE (MyuMr NatioMl Lint) W Loading for Tll9Ol (Rangoon) VHSH VOT SIN KG PEN PGU MERGU 142 MPT AVA 144W MPT MAUTSJA AGENTS: OOUSTEAD SHIPPING AGENCES KUL TH 01-03-*****00 PKL TU 02-03-*****01 PM: TH 02-04-*****02 PGO: TH 02-07-*****21/4 m BANK LINE (A Mrvkt
      513 words
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      Page 31 Advertisements Column 2
      1083 31 HYUNDAI MERCHANT MARINE CO, LTD. [viEZZZm: JIL SOU I MH Iro I AWTIHAMI MV |re~| IVBSH VOT|SOU|ia<|OTI|AW|NAMI|MV Iml ai| MM 304W #4/03 27/03 21/03 22/03 24/03 24/03 24/03 THAMES 3031 04/02 14/02 11/02 12/02 05/03 HT COMMOOOt(311W 00/03 25/03 20/03 24/03 MX AGAJI 10* 13/02 10/02 14/02 15/02 15/02 14/02
      1,083 words
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      Page 31 Advertisements Column 3
      840 31 nooMßgon spadofoad oufcxorjifi SSfe^ SCT ®2)^(oJ(§ TO NORTH AND LATIN AMERICA [vissa Ivor |ujv hpgwt SIH uu qj[ mia sav mi otf wrc ww mob 1 tour going fio* 40ot«h 6.3 M 17/03 n/04 T97m 2270T 5470T "H76T *****" H7ST 3375T i475T~ TATKXA FOO7 4001 m 6.3 M 21/03 21/04
      840 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      959 32 BANQKOK/LAEM CHABANO JAKARTA/PANJANQ VESSEL VOY SIN I BKK I LCH VESSEL VOY SIN JKT I PJN XETHA BHUM 227N8 in Pt 06AM MATHU BHUM 3gjj| In Pt 07/03 YANTRABHUM 230N 07/03 11/03 MATHU BHUM jgj» In Pt 07/03 KIT! BHUM 44N 08/03 11/03 11/03 QURU BHUM* 68S 07/03 12/03 ANAN
      959 words
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      Page 32 Advertisements Column 2
      385 32 BINTANG MAS SHIPPING PTE. LTD. 36 NEIL ROAD, SINGAPORE 0206 TEL *****68 FAX *****64 TLX R*****6 SINMER CR No: **********0W Receiving Cargo at PTI I Mntulu I I Mmw H yissa vot sin itu ysi SH S4i* ISn VWO4{ 10/03 07-06/D3 12/W IMi mat 14-15/03 20/03 MM VNOSf I? 13/03
      385 words
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      Page 32 Advertisements Column 3
      565 32 A ACCORD A SHIPPING PTE LTD Y*L: ***** IS (40 Uhm) FAX: *****30 KtTKUUK (03)347 1041 MM M DMECT ACCISS TfL: *****55 (iXPOKT OOOKINOI MfItMMM f$7)UnW *****34 (IXPORT DOC), *****39 (IMPOST) FOUMC s (94)*****4$ —UMjHITP://WWWJICCOItO.COM.SO WUUm (71)440 0/79 port rail POT itasm Ipow ita sin I hmt ita (FAR EAST)
      565 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      368 33 INDONESIA NATIONAL LINE TO EUROPE H A VESSEL 17/3 1/4 j OMIT 5/4 TO AUSTRALIA COMTMNEH SERVICE WL- WY HSTT mt wfm >6 j> mm MOT HIOTNK ¥128 2MB MB M) IJ/M H» WW 2I» wifKcmu vors mmnm imj »<n am 2*® HLMBI V9H IM3TMB OK rOH B5 «S MSU6HI
      368 words
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      Page 33 Advertisements Column 2
      1060 33 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Cadi Street #12-00, PIL Building, Singapore *****0 AA Li TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60/ *****06 UWWOK I JAKARTA (WwUy 5 Slgi P>T/? SlSi ICM/1 SH SMT) S«IHf«/WM>) VESSEL VOY f SM MOC VISSa VOY
      1,060 words
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      Page 33 Advertisements Column 3
      857 33 IVESBELB 1 VOY I JED I MLA L&l HAM TWP HTM ZEE \ALLED6 NORMA N24W 13*03 22A8 27A8 ggl Q6AM 08/04 04AM QQAM VK-LEDEQEMHA H24W 19rt)3 2SA» 02AM 07AM (KM 11AM 11/04 12** VALLE tyOWOW V34W 23/03 01AM Q6AM f»Q4 ijpj ISAM IIVO4 WO*~ DC TANYA WW OW 13AM IMM
      857 words
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      Page 36 Advertisements Column 1
      44 36 To retrieve more schedules, just follow these simple steps... Ste oSL d rr ial 740-6000^^p^^® P a inter your key in the four hone number digit code Key in your Example: »—L. fax number To NEW YORK (NYC) 2275 for calls within Singapore flHHMlHlflflHlflllllllllflH
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      116 39 LEGEND: R Thunderstorm Temperature c A V Shower Weother Wind direction with speed In knots Rain Cloudy Sky Wov Wf»c« winds ere mdkoted by arrows wtiich Hy with the wind Q9 One Ml CM r•presents calm or light and variable wind* I__ One Kotf Heche represent* 5 knots L» One
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
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