The Business Times, 20 March 1998
1998-03-20
1
44
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The Business Times
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Title Section11 1998-03-20 1 TheBusinessTimSh MITA(P) 110/12/97 85C SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, MARCH 20, 199811 words
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Article64 1998-03-20 1 Dsn MHLTi (+53.45) □it-sbi 704*38 (+21.33) fIBTOOMP UUBL3I (+56.56) BEsr«», itr~ STOCK MAUET INDICES Thursday Change KLSE COMP 731.04 +84.49 NIKKEI 16.679.02 +68J4 HANG SENQ 1I.44S.M_+323J9 SET INDEX MU6 +3.99 JAKARTA OOMP 504.15 +6.15 MANILA COMP _*288J9 +4.41 TAIPEI WPI 8369.41 8125 SEOUL OOMP 621.75 +166 CLSA CHINA64 words
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Article71 1998-03-20 1 FOBEX BATES uss s$ IBS 1.606 1.667 1677 U| 1.826 I.879 YEN mS 12*6* MS 1686 9.438 HKS 7.749 0207 BAHT 4036 9.940 JEP1AH ***** 9.016* •Si to 10! untu PUKE BATES SINGAPORE* 7.81 KUALA LUMPUR 13.06 JAKARTA AN BANGKOK 15.60 MANILA .27.60 HONGKONG 10.25 TAIPEI A80 SYDNEY 5.0071 words
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Article, Illustration581 1998-03-20 1 R Sivanithy - Liquidity rush sends benchmark STII 53 points higher By. R Sivanithy [SINGAPORE] After threatening to boil over for the better part of a week, the Singapore stock market yesterday finally exploded to the highest level so far this year, with property stocksSource: Bloomberg - 581 words
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360 1998-03-20 1 Clarissa Tan - Interbank rates soft bnt regional outlook still uncertain Byi Clarissa Tan [SINGAPORE] The stockmarket may have leaped on expectations of a general slide in interest rates, but analysts are divided over whether DBS Bank has jumped the gun in cutting360 words
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Article269 1998-03-20 1 Catherine Ong - Cable, cellphone, paging firms jostle for signalling spots By < Catherine Ong [SINGAPORE] Property prices may be on the skids in Singapore, but for rooftop space it is another story. In the last one year, companies have been locked in an intense bidding war to get269 words
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Article, Illustration492 1998-03-20 1 Toh Han Shih - Initiatives cover business, education and entertainment By' Toh Han Shih [SINGAPORE] Microsoft chairman Bill Gates yesterday unveiled five initiatives to flesh out his vision of "the digital nervous system" for Singapore. These initiatives will feed into Singapore ONE, the nation's budding high-speed information networkCHRIS LOH - 492 words
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Page 1 Advertisements
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Advertisement125 1998-03-20 1 onron Jakarta haa stated carreacy bmr± IMF Indonesia has scrapped its controversial plan to set up a currency board charged with stabilising the country's erratic rupiah, IMF chief Michel Camdessus was quoted as saying yesterday, Fg4 Hack Lack Stow Is the rally by property shares overdone? PglA i. >.-r i125 words
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Advertisement25 1998-03-20 1 Property stocks surge on rate cut, Pg 15 Any merit in NA V argument? Pg 15 SCV Instalment plan for cabling landed homes, Pg 325 words
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Advertisement144 1998-03-20 1 Don't call me economic tsar a "Whether you call me Gorbachev or I whether you call me an economic tsar, A Zhu Rongji, China's newly-elected premier, on the labels that have been pinned on him by the Western media. Full report of his press conference, where he set out the144 words
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SINGAPORE AT HOME & ABROAD
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423 1998-03-20 2 Audrey Tan - yesterday in parliament Move will give students more time for creative thinking: Re&r-Adm Teo By. Audrey Tan THE school curriculum load will be cut by around 10-30 per cent from next year to give students time to think more creatively, Minister423 words
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232 1998-03-20 2 Ven Sreenivasan - By' Ven Sreenivasan THE government is looking into improving the training and service conditions of social workers, parliament was told yesterday. Minister for Community Development Abdullah Tarmugi said his ministry was working with the National University of Singapore Department of Social232 words
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Article, Illustration423 1998-03-20 2 Abdul Hadhi - Only one unit sold but buyers show interest in others By. Abdul Hadhi [SINGAPORE] The prospect of picking up bargains and news of interest rate cuts saw the Knight Frank property auction yesterday playing to a full house, with the crowd spilling out of the GrandERNEST COH/ST - 423 words
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292 1998-03-20 2 DYNASTY Pacific Homes is cashing in on renewed interest in residential properties to relaunch its leasehold Lakeside Grove project in the Jurong area with an average 12 per cent price cut. The smallish property developer yesterday said it would sell 88 units of threestorey292 words
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360 1998-03-20 2 Corinne Kerk - By < Corinne Kerk IN an effort to raise professional standards and reduce confusion, the three associations representing real estate agents in Singapore are planning to merge to form the Singapore Institute of Estate Agents. Members of the three bodies, the Association360 words
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Article, Illustration323 1998-03-20 2 Teh Hooi Ling - EYE ON THE ECONOMY Commerce By' Teh Hooi Ling SINGAPORE'S retail sales index fell for the fifth consecutive month in year-on-year value terms in January. But the 8.4 per cent decline at current prices was not as sharp as December's 13.3 per cent plunge. TotalSource: Dept of Statistics - 323 words
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518 1998-03-20 2 ShivTaneja - By I ShivTaneja IN a year when Asian equities were decimated, locallybased fund managers raised their allocations to bonds and cash, the Monetary Authority of Singapore's latest annual survey of the local fund management industry shows. As at end-1997, $68.6 billion518 words
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Article, Illustration734 1998-03-20 2 Yang Razali Kassim - ANALYSIS Hanoi's concerned over implications of the regional crisis By Yang Razali Kassim THE visit by Vietnam's new president, Tran Due Luong, to Singapore and Malaysia earlier this week may have been largely ceremonial in nature by a new head of state. But Vietnam watchers734 words
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495 1998-03-20 3 Catherine Ong - Plan to be announced next week partly in response to rates complaints Reports by< Catherine Ong SINGAPORE Cable Vision (SCV) plans to announce next week a new instalment plan for residents of landed properties to help them pay for cabling495 words
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294 1998-03-20 3 ONE reason for the higher cabling cost for landed properties is the cost of leasing Singapore Telecoms* fibre-optic cables and underground ducts. Singapore Cable Vision (SCV) broke off negotiations with Sing Tel last March after failing to agree on294 words
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Article263 1998-03-20 3 Jnrong technical centre to develop new products, design new factories EXPRESSING confidence in the region's long-term future, Swedish company Tetra Pak yesterday opened an $18 million regional technical centre in Jurong to support its liquid food processing and packaging business. The 3,000 sq m centre263 words
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Article, Illustration433 1998-03-20 3 Annette Pau - 33 homegrown companies at world's largest IT fair From, Annette Pau in Hannover HOMEGROWN IT companies are looking to expand their presence in the European marketplace through CeBIT '98, and will use it as a platform to make European contacts, cut distributionREUTERS - 433 words
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Advertisement19 1998-03-20 2 Your Sunday reading is not complete without "HUm. Check it out in Sunday Classified this weekend z&xmzL 4* CATA19 words
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Page 3 Advertisements
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Advertisement42 1998-03-20 3 'i. Jg mßE ~k£mM A< Ml m a -Wj? *^s S J i23h £sr rx 9 J £*>" r> RL Jk i mbMI CHANEL EXCLUSIVELY AT THE CHANEL BOUTIQUES: NGEE ANN C1TY,391 ORCHARD ROAD,SINGAPORE TEL *****20 ISETAN SCOITS.3SO ORCHARD ROAD. SINGAPORE TEL: *****2142 words
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MARKETS IN TURMOIL
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413 1998-03-20 4 Bloomberg [SEOUL] Hongkongßank said the collapse of South Korea's financial markets in December caused it to breach the country's and its own foreign exchange regulations. The bank, a subsidiary of HSBC Holdings pic, could now face disciplinary action even though regulations leftBloomberg - 413 words
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Article, Illustration552 1998-03-20 4 S N Vasuki - But IMF shrugs off controversial move as Jakarta keeps up with positive signals From S N Vasuki in Jakarta INDONESIA'S new Trade Industry Minister Mohamad "Bob" Hasan was yesterday appointed as head of one of the five working groups to speed upREUTERS - 552 words
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486 1998-03-20 4 His talks in Japan send conflicting signals on reforms Bloomberg [TOKYO] Indonesian VicePresident B J Habibie has said Indonesia won't reschedule its government debt. Dr Habibie was responding to a report in the Yomiuri Shimbun that quoted Japanese officials as saying PresidentBloomberg - 486 words
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466 1998-03-20 4 Central bank mulling rupiah trading band system: governor AFP, AFX Asia [WASHINGTON] Indonesia has scrapped its controversial plan to set up a currency board charged with stabilising the country's erratic rupiah, IMF chief Michel Camdessus was quoted as saying yesterday. "We areAFP,; AFX Asia - 466 words
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251 1998-03-20 4 AFP [BANGKOK] The International Monetary Fund has told Thailand to scrap the Board of Investment (BOI) set up to promote foreign investment, and work harder to prevent corruption, a top official said yestenlay. But Minister for the Prime Minister's Office Abhisit Vejajiva toldAFP - 251 words
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Article, Illustration685 1998-03-20 4 Anthony Rowley - US envoy calls for domestic-led recovery of economy From, Anthony Rowley in Tokyo SIGNS that Washington is becoming increasingly alarmed at the sharp fall in the value of the yen and at the ballooning US trade deficit with685 words
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420 1998-03-20 4 Anwar likely to trim GDP forecast in next week's package Reuters [KUALA LUMPUR] Malaysia was expected to cut government spending and liberalise some aspects of the economy in a much-awaited package next week aimed at boosting international investor confidence in the country. AnalystsReuters - 420 words
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Page 4 Advertisements
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Advertisement390 1998-03-20 4 IN THE HIGH COURT OF JUSTICE CH 1998 H 1T76 OF ENGLAND AND WALES CHANCERY DIVISION In the Matter of BISHOPSCOURT (BB&Co) LIMITED (formerly Baring Brothers Co., Limited') and in the Matter of BISHOPSCOURT (BS) LIMITED (formerly Baring Securities Limited) and in the Matter of the Trusts of an Agreement390 words
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SOUTH-EAST ASIA
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Article268 1998-03-20 5 M SAMARINDA, Indonesia AFP TROOPS were battling voracious flames yesterday as fires raged along the eastern coast of rugged Borneo island, threatening villages and spreading thick smoke across the area. Soldiers were deployed along the 125 km road linking the cities of Samarinda andAFP - 268 words
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402 1998-03-20 5 Harish Mehta - Penalties include 5m baht fine, loss of licence, action against management From Harish Mehta in Bangkok THAILAND yesterday began cracking down on an expanding scam by brokers who offer under-the-table discounts on commission rates to their clients or to foreign brokers.402 words
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Article, Illustration42 1998-03-20 5 [BANGKOK] A Thai ice-cream vendor facing a line ofpolicemen outside parliament here yesterday while the censure debate against Prime Minister Chuan Leekpai's government continued. The opposition accused the government of turning a blind eye to illegal logging. REUTERSREUTERS - 42 words
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265 1998-03-20 5 PHNOM PENH Reuters DEPOSED Cambodian co-pre-mier Prince Norodom Ranariddh must pay court-imposed damages of more than US$5O million (SsBo million) even if he is granted a pardon, Minister of Justice Chem Snguon said yesterday. A military court on Wednesday found Prince Ranariddh guilty of plottingReuters - 265 words
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466 1998-03-20 5 Meera Tharmaratnam - Easing of 30% quota policy may help to cut glut: observers From. Meera Tharmaratnam in Kuala Lumpur MALAYSIA'S property developers have urged the government to relax its rules on bumiputra purchases so as to allow other ethnic groups to buy properties in466 words
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Advertisement32 1998-03-20 5 Paste p£e Passion Of J?ome 23 March to 12 April 1998 ChefMassimilianoMilleri VHE of Marina Mandarin's award winning Ristorante B^BZ Bologna brings you the Boulevard, Marina Square. Web Site http//www.marina-mandarin.com.sg Email: mmsBBB<S)singnet.com.sg32 words
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CHINA-HONGKONG-TAIWAN
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413 1998-03-20 6 Lu Ning - Zhu Rongji targets 8% growth, will prevent renminbi devaluation Reports from Lu Ning in Beiji ng CHINA'S newly-elected premier Zhu Rongji yesterday vowed to keep robust growth of the Chinese economy as his top priority for the year, and413 words
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Article, Illustration344 1998-03-20 6 He caps firm grasp of economic issues with political sensitivity WOULD China allow free elections of its leaders? Confronted with that tough question from a Time magazine reporter at yesterday's press conference, Premier Zhu Rongji first thanked the journalist for the photograph of himself344 words
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250 1998-03-20 6 BEIJING AFP CHINA'S parliamentary delegates wrapped up their 15-day session yesterday generally content with everything except corruption, which continues to worm its way into the highest ranks. Almost half of the 2,907 delegates defied pressure to toe the Communist Party line and voted against theAFP - 250 words
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Article, Illustration407 1998-03-20 6 Loh Hui Yin - Justice Secretary will explain prosecution policy to lawmakers From Loh Hui Yin in Hongkong IN a bid to defuse the growing controversy over the government's decision not to press charges against publishing tycoon Sally Aw Sian despite her being named inREUTERS - 407 words
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248 1998-03-20 6 WASHINGTON AFP THE United States is pondering offering China more launches of US commercial satellites if it halts missile technology sales to Iran, The New York Times said yesterday. The deal, similar to the one offered last week to Russia, would waiveAFP - 248 words
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341 1998-03-20 6 BEIJING Reuters CHINA yesterday announced ambitious plans to put a man in space and launch a lunar probe by early next century in what analysts said could be a drive to seek a role in international space projects. Outlining China'sReuters - 341 words
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SINO Briefs
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70 1998-03-20 6 Bernama-Xinhua [BEIJING] Chinese Vice-Premier Li Lanqing said here yesterday that the World Trade Organisation will find it hard to play its role without the participation of China, which is already the 10th largest trading nation in the world. He said: "Important progress hasBernama-Xinhua - 70 words
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Article66 1998-03-20 6 Reuters [TOKYO] Chinese Vice-President Hu Jintao will make an official visit to Japan in April, an official at China's Tokyo embassy said yesterday. Mr Hu's election to the vice-presidency this month brought increased weight to what had been seen as a figurehead job andReuters - 66 words
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49 1998-03-20 6 AFP [BEIJING] The former top official of China's Jiangzhou town has been executed for embezzling 17.6 million yuan (553.4 million) to feed his Macau gambling habit, the China Daily said yesterday. Cen Huanren, SO, was put to death on Friday after his appeal was rejected.—AFPAFP - 49 words
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Advertisement834 1998-03-20 6 m The Directors of CWT Distribution Limited wish to make the following AnnouncementWtf=W UNAUDITED RESULTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 1997 Distribution Limited Group Company 1997 1996 +A") 1997 1996 Ss'ooo SSOOO SS'OOO SS'OOO 132 114 g64 16 66,513 61.868 8 Interest Income $5$ 39 1553 728 36834 words
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Advertisement41 1998-03-20 6 BUY it $ELL;> FIND/ Classified ads are purr... feet for finding lost little kittens. No matter what it is, you can always buy it, sell it or find it with the Classified. ton 111 1800-737-1166 bEf (ill W4«r fn Itialti TtMttM41 words
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ASIA
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Article, Illustration400 1998-03-20 7 Rajendra Bajpai - 42 ministers also sworn in but wrangling delays portfolio allocation By Rajendra Bajpai in Neiv Delhi ATAL Bihari Vajpayee, 72, was sworn in yesterday as India's new prime minister at the head of a 19-party coalition government led by his Hindu-nationalist Bharatiya Janata PartyAFP - 400 words
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253 1998-03-20 7 SEOUL Bail-out efforts will rob viable firms of precious funds Bloomberg SOUTH Korean President Kim Dae Jung said the country can't afford to keep bailing out insolvent banks and companies that stand no chance of survival. Mr Kim told aBloomberg - 253 words
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Article, Illustration90 1998-03-20 7 [SEOUL] Once assured of a job for life, unemployed South Koreans sit on thefloor reading the "help wanted" section of the classifieds as they wait to enter a Job Fair in Seoul yesterday. The labour ministry yesterday said that about 10,000 or more joblessREUTERS - 90 words
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Article337 1998-03-20 7 SEOUL Govt to focus on improving trade balance, luring foreign investment Reuters SOUTH Korea's customscleared basis trade account is expected to turn to a US$25 billion (Ss4o billion) surplus this year from an US$B.5 billion deficit a year ago, Industry and Energy Minister Park TaeReuters - 337 words
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314 1998-03-20 7 COLOMBO It doubts BJP will open Indian market fully to neighbours AFP [COLOMBO] South Asian hopes of a free trade agreement by 2001 may have been dented with the region's biggest member, India, appointing a Hindu nationalist government, a WorldAFP - 314 words
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373 1998-03-20 7 TOKYO Bloomberg AS much as 10 per cent of corporate bad loans left by seven failed Japanese housing loan companies may be tied up with gangsters, according to the head of a governmentbacked corporation trying to collect that debt. The gangstersBloomberg - 373 words
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223 1998-03-20 7 SYDNEY Bloomberg AUSTRALIAN company directors expect the economy to slow this year as the effect of Asia's crisis starts to bite, adding to evidence that businesses are preparing for tougher times. For the first time in two years, more company directors expect the economy willBloomberg - 223 words
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Advertisement458 1998-03-20 7 The currency crisis has swent South- ALTERNATIVE DISPUTE RESOLUTION AS A MEANS OF ne currency cnus naa swept souin RECOVERY -IS IT EFFECTIVE? east Asia with such great force that no single nation was spared. The Mr Victor Chan repercussions will continue to shake the Managing Director, PT DTZ Debenindo458 words
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FOCUS
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Article, Illustration1488 1998-03-20 8 Vlkram Khanna - The conduct of business over the Internet opens up opportunities and challenges for consumers, companies, governments and countries, says a WTO study By' Vlkram Khanna (SINGAPORE] Electronic commerce through the Internet is poised to boom over the next three years, with the value of transactionsSource: WTO - 1,488 words
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Advertisement46 1998-03-20 8 MORE THAN JUST A HOME IT IS SINGAPORE'S LARGEST SERVICED APARTMENTS WITH THE MOST FACILITIES AND FEATURES to r iA;, Ml IT'S A GREAT NEW LIFESTYLE! GREAT W(*?RLD (A Member of the Kuok Group) *****4. Tel: 736 0100 Fox 736 0177. Website http://www flfeotwofld.iom.sfl E-Mail oportmenfs@flreotwofld.com.sfl46 words
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Advertisement246 1998-03-20 8 Mi x folios MANHATTAN RELAX IN PROVENCE TREK GUIZHOU S HUANGGUOSHU WATCH GRIZZLIES GUZZt E SAI MON SAVOUR ASIA S TOP |t TROPICAL RESORTS QUIET EVOLUTIONSON THE FASHION FRONT FOUR LONGINES DOLCE VITA WATCHES TO BE WON! 1111 Available Now! OUTDOOR FURNITURE ARTIFICIAL PLANTS SALE WW# Rang* of Benches (or246 words
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Advertisement96 1998-03-20 8 f ——<7 WORLD WIPE I IB Since 1975 our worldwide staff of over 275 multi-disciplined professionals I I including lawyers, chartered accountants, chartered secretaries and I I bankers hawe provided confidential and cost effective company formation I I in all the major low tax areas including: I Full professional after96 words
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THE WORLD
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318 1998-03-20 9 PARIS Reuters FRENCH state bank Credit Lyonnais, caught in a tug-of-war between the Paris government and European subsidy controllers in Brussels, said yesterday it made a profit of just over one billion francs (*****.8 million) in 1997. The bank, whose future hinges onReuters - 318 words
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448 1998-03-20 9 WASHINGTON Trade gap up 10.5% as Asian crisis hits US exports Reuters, Bloomberg THE US trade deficit in January hit its highest level in more than a decade, rising 10.5 per cent to U5512.04 billion (5519.3 billion), the Commerce Department said yesterday,Reuters,; Bloomberg - 448 words
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Article, Illustration270 1998-03-20 9 WASHINGTON Bridge News US LAWMAKERS plan to halt further taxpayer funding for the record number of White House lawyers helping President Clinton fight personal scandals, The Washington Times reported yesterday. Members of the House and Senate appropriations committees told The Washington Times theyBridge News - 270 words
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469 1998-03-20 9 HANOVER Software firms helping users make cheapest phone calls Bloomberg THE arrival of competition on Jan 1 gave German telephone users a choice for the first time and how. At last count 37 companies were challenging Deutsche Telekom's dominance in Europe's largest telephoneBloomberg - 469 words
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415 1998-03-20 9 WASHINGTON Cheaper Asian imports help offset US wage pressures Bloomberg THE US economic growth engine is still running strong enough to leave Federal Reserve policymakers marvelling that inflation pressures are "eerily calm". Cheaper imports of computer components, chemicals and industrial commodities from AsiaBloomberg - 415 words
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369 1998-03-20 11 LONDON Discovery to invest over USss6sm, BBC to provide expertise Reuters, AFP BRITAIN'S BBC and Discovery Channel of the United States agreed yesterday to a wide-ranging alliance to create global TV channels, including a BBC-owned cable network in the US. Under the deal, DiscoveryReuters,; AFP - 369 words
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174 1998-03-20 11 WIESBADEN, Germany Bloomberg GERMANY'S merchandise trade surplus almost halved in January, to a two-year low, as export growth slowed and booming production boosted demand for imports. Germany exported goods worth 6.3 billion marks (555.5 billion) more than its imports in January, theBloomberg - 174 words
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Article, Illustration702 1998-03-20 11 Kevin Sullivan - EUROPEAN VIEW Tobacco companies seem able to turn a blind eye to obvious facts By Kevin Sullivan CIGARETTE makers share the distorted logic of smokers. They have the same weird habit of dismissing obvious facts and advancing seriously and persistently a tortuous defence of702 words
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293 1998-03-20 11 ■LONDON M 4 growth slows, engineering wage settlements slide Reuters GROWTH in Britain's M 4 broad money supply slowed in February and engineering wage settlements slid again, data released yesterday showed. Other figures from the banking industry showed growth in bank mortgageReuters - 293 words
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Advertisement83 1998-03-20 9 8 MADE IN GERMANY SINCE 1842^ The hallmark of Offermann is restrained elegance. This superior Business case provides optimal performance due to its strength, layout and lightweight construction. Matt-black combination locks ensure easy use and high security. A special additional feature is a Shirt Bag, which fits inside all the83 words
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Advertisement19 1998-03-20 9 Zaobao j WSill' SMSSJfcftW "-H5" *M§«g— i mmem, wm&m iff, ni|ft'Aifcwm." XT* W I IS. W fif <£* WEM H19 words
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Advertisement801 1998-03-20 9 SING INVESTMENTS FINANCE LIMITED /3i£.\ (Incorporated In the Republic of Singapore) 96 Robinson Road, SIF Building, Singapore *****9. The Directors of Sing Investments Finance Limited are pleased to make the following announcement 0 AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1907 Tfcs Company Tht Brown IN7 IM6 IM7 IMC801 words
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Advertisement42 1998-03-20 10 i J J -"'™-I I JL I afc jP^, v? ik I l|Hp J f i 'I <-■ w J tf- w ■41 -I ,f 1 :jgj* M I Jl V*J§ •A-"., I <ir i W" <p m^-. |ir -f J&**- %-JW(F" *Miff42 words
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Advertisement24 1998-03-20 11 WUI I«v w* I S Hf I■ I I I uaviiqni I I I i ffft I MWiPrjl7> <?< V I I Lufthansa Specials 124 words
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EDITORIAL & OPINION
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Article, Illustration734 1998-03-20 12 S N Vasuki - THEBOCTOM LIME OPINION By S N Vasuki The writer is BT's Jakarta correspondent INDONESIA'S economic crisis is eroding much of the pragmatism that was the distinguishing feature of Mr Suharto's 32 years in office. In recent months, the government has succumbed to pressures from734 words
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Article110 1998-03-20 12 We don't want a society of surveillance by old maids and snitches.' Camille Paglia a professor of humanities at the University of the Arts in Philadelphia on US President Bill Clinton sproblems. 'What is waiting in front of me may be landmines or an abyss, but I110 words
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Article699 1998-03-20 12 Australia set for election EDITORIAL PRIME Minister John Howard seems determined to carry out his threat to call an early election —possibly as soon as July —putatively to break a parliamentary deadlock over his plans to reform Aboriginal land rights laws. Certainly, Mr Howard has the right to ask for699 words
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Article, Illustration998 1998-03-20 12 If you want a higher share price for your company, what should yon tell yonr investors? The Economist HERE is a simple test to determine whether you have what it takes to run a big corporation. Suppose that someone asks you whether your company's share priceThe Economist; FILE PHOTO - 998 words
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Article871 1998-03-20 12 The Internet connection UNTIL recently, telephone calls via the Internet had a hacker-in-the-attic image. But the news that Deutsche Telekom is planning to launch such a service has brought it into the living room. The technology is still imperfect, and it may take some time to871 words
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Page 12 Miscellaneous
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Miscellaneous12 1998-03-20 12 DQQNESBURY By Garry Trudeau fef DUK£. THtSfS ON£ I'IMSAN. ONE M/HLT7B I'/M12 words
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Page 13 Advertisements
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Advertisement259 1998-03-20 13 Where to wine, dine and entertain.M^(^fe^S'^^^l^^£ «.m J&s What tetter way to celebrate a great week than Sunday Brunch at The Cafe-in-The- Fart? Enjoy the finest Crunch and service at only $28* per adult (only $14* (or the kids). Then toast your Jood fortune with Gold Sett Champagne, each glass259 words
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Advertisement113 1998-03-20 13 authentic Indonesian Pak Bogiono from Java j |0B #C and Pak Kaler from Bali. ALA-CARTE SET MENUS 1 AVAILABLE FOR LUNCH AND DINNER MH hhE AP 2a£S£ T€C *3| All prices subject to Ioofr scrvicc charge, cess and GST. Dine admidst countryside surroundings and choose o nn from 40 mouth-watering113 words
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Advertisement123 1998-03-20 13 AU. new fft&m at PAOLO I PINGS PASSIONATELY ITALIAN TASTEFULLY CHINESE j 9 £r4iuA £*ptritr £l*ri f jfw I Shark 's Fin Set Braised Superior Shade's Fin With Crab Meat (served in ctaypot) Special Salt-Baked King Prawns Red Wine Salt-Baked Chicken Sweet Sour Thai Fish Filet •Fried Thai KwayTsow Vatot123 words
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Advertisement318 1998-03-20 13 Pidn't you know? I read it in "Weu&'. £<♦»' *>«» i' $"«d<V Cliitifitd tiiit wttltud. J &ZS&L CATS. I TS BACK! BY POPULAR DEMAND, WE'RE BRINGING BACK HI-TEA Assorted Sushi,Open-face Sandwiches Laksa Yong Tau Foo,Roti Prata Tim Sum, Assorted French Pastries Bread Butter Pudding, Local Desserts AND MANY MORE MOUTH-WATERING318 words
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Advertisement168 1998-03-20 13 Rusting Grand Cru Kirtcbbcrg 19%, A /iVinryan) Snaib 6 Frodau vitb Beer A dAisace u We bring you the wine cuisine of Alsace. Qflßß 17 IVlarch 8 April Bon Appetit! st n ««pore» Hifhest Please call 831 6258/9 e V,°lV."n, for reservations. »♦«•> "oor Spomor* CWKumvum •m rrnmmcm Lf IYOC'CP168 words
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Page 13 Miscellaneous
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Miscellaneous726 1998-03-20 13 TV&RADIO gMgfjgp* |a ep). 4.00 TV Innovations. 8.00 Friday Ticket to the 2JO PM TV Innovations. Movies: Oscar's Best Prtab ®l 2 4.00 Kidz Blitz: Festival of 9.00 AM TV Shopping Net- (Pt 1, See Our Choice). Lantern/ Puss- 10.30 News 5 2.00 PM TV I R/vn tr I rt726 words
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Miscellaneous190 1998-03-20 13 CRYPTIC CROSSWORD 31 testam^ pled appearance (9) 15 Soldiers forcibly recruited YESTERDAY'S SOLUTION DOWN may well be subdued (9) Jhioiaiwiommi 2 Approached a raw beginner 16 Go in and serve newly-ap- byNMeMFMlMfiijf Anl in dire straits (6) pointed chief (9) lumAfgEßLtoMsfElNfollin 3 Added*comment about a ma- 17 Re »dy for190 words
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EXECUTIVE LIFESTYLE
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Article, Illustration576 1998-03-20 14 DAVID CHOW - Lee Huei Min, 15, wowed her ardent audience with the Wieniawski Violin Concerto No 2, says davxd chow DAVID CHOW Monday evening's fund-raising concert at the Victoria Concert Hall showcased young Singaporean artists along with a guest orchestra from Europe. It was a most peculiarFILE PHOTO - 576 words
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Article, Illustration648 1998-03-20 14 Sian Jay - ART EXHIBITION A collection of gilt bronzes, precious nigs now on display at Spink's Tibetan Buddhist art show By\ Sian Jay [SINGAPORE] "This is the year of the Tiger," says Pansy Ku, director of Spink Singapore, "so I had to have tiger rugs648 words
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Article, Illustration865 1998-03-20 14 Major TV studios are all ready to throw money at Seinfeld's celebrated writers TELEVISION NYT FOR almost everyone connected with Seinfeld, the NBC hit comedy heading for one of the most celebrated, most publicised sendoffs in television history, these are days of gelt byNYT - 865 words
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Advertisement59 1998-03-20 14 a\t~ b Arttoyiidt eucdtne /> Cfi<\VLsLon. W«6t« flunciF. 3-djb ecta ou ocon t£ coi+^a.nt^. The Rrrz-Carlton" millenia Singapore Surroundings reminiscent of an emperor's summer abode. The art of Cantonese cuisine, fit for a royal entourage. Please call 434 5288 for reservations. 7 Raffles Avenue, Singapore *****9. Tel: 337 8888 Fax:59 words
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Advertisement6 1998-03-20 14 HThe Straits Times Classified Classifications 402-5686 words
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COMPANIES & MARKETS
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Article, Illustration346 1998-03-20 15 Abdul Hadhi - Analysts expect provisions for equity and forex losses to total $15m-s22m Byi Abdul Hadhi [SINGAPORE] Analysts now expect Parkway Holdings to report lower group net earnings of around $25 million for 1997 after provisions for equity investment and foreign exchange losses. TheSource: Bloomberg - 346 words
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430 1998-03-20 15 Clarissa Tan - SES Properties index gains 10%; KepLand leads with 21% rise Clarissa Tan [SINGAPORE] Property stocks shot up by as much as 21 per cent yesterday as investors reacted to news that prime rates may be headed down. The SES Properties index put430 words
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697 1998-03-20 15 Wong Wei Kong - Wong Wei Kong THE way property shares are running this past week, it would be tempting to think that boom times are here again for the local property market. It is definitely too early to bet on that. And investors who are jumping697 words
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Article374 1998-03-20 15 Jennifer Lien - By, Jennifer Lien [SINGAPORE] Hongkongbased contract manufacturer Nat Steel Broadway yesterday posted a better-than-expected 33.8 per cent rise in net profit to $17.5 million. Analysts polled by The Es timate Directory had expected net earnings to rise 22 per cent to $15.9 million. The company374 words
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345 1998-03-20 15 Jennifer Lien - //yj< Jennifer Lien (SINGAPORE) Li Xin Industries, a maker of plastic injection moulds and parts, yesterday launched its mainboard initial public offering of 74 million new shares at 29 cents each. The issue comprises a placement tranche of 59.2 million shares and a345 words
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351 1998-03-20 15 Christopher Tan - Cycle Carriage shares touch 5-month high at $7.90 By i Christopher Tan [SINGAPORE] Shares of motor and property counter Cycle Carriage have gained almost 20 per cent since the beginning of the week to hit a five-month high of $7.90 at the end of yesterday's trading. Experts point to foreign351 words
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REGIONAL COMPANIES
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440 1998-03-20 16 USs4oom Yankee bonds will be one of M 'sia's biggest bond sales ever Bloomberg [KUALA LUMPURJ United Engineers Malaysia (UEM) plans to raise as much as 3.7 billion Malaysian ringgit (Ssl.6 billion), with one of Malaysia's largest bond issues everBloomberg - 440 words
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299 1998-03-20 16 AFP [HONGKONG) Sun Hung Kai Properties yesterday said its interim net profit dropped 5 per cent from a year earlier to HK$5.9 billion (Ssl.2 billion) in the six months to December 1997. One of the territory's largest property developers, Sun HungAFP - 299 words
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Article, Illustration645 1998-03-20 16 Quak Hiang Whai - All three core businesses reported solid growth From Quak Hiang Whai in Hongkong LI KA-SHING's Cheung Kong Infrastructure (CKI) yesterday showed why it is many fund managers' favourite counter when it reported a 172 per cent surge in net profit and 53 perREUTERS - 645 words
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391 1998-03-20 16 Ven Sreenivasan - CEO: Group emerges relatively well from hostile environment By' Ven Sreenivasan [SINGAPORE] Haw Par's net earnings fell 23 per cent to $25.2 million last year as the regional economic crisis took its toll on the group's leisure, healthcare and investment arms. But391 words
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185 1998-03-20 16 [SINGAPORE] Great Eastern Life Assurance yesterday announced a 17.8 per cent jump in group net surplus to $78.8 million last year. This after-tax profit for the year ended Dec 31. 1997, excludes an exceptional item of $51.5 million, being a onetime gain185 words
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206 1998-03-20 16 David Boey - Hy\ David Boey {SINGAPORE] Mainboardlisted Fu Yu Manufacturing yesterday announced that it pulled in $13.23 million in net earnings for the year ended Dec 31,1997 up 16.1 per cent from the previous year. The electronics components maker's turnover was $203.37 million, a marginal206 words
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839 1998-03-20 16 Quak Hiang Whai - Net profit, excluding a USsl3om gain from asset sale, plunges 22% to USs292m From Quak Hiang Whai in Hongkong JARDINE Matheson Holdings (JMH) yesterday unveiled a poor set of results for 1997, cushioned only by the sale of its life insurance business. and839 words
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207 1998-03-20 16 Reuters [SINGAPORE] Cash-rich Singapore company Auric Pacific Group Ltd said yesterday it had bought 32.16 million shares in Indonesia's Bank Niaga. The trading-based company said it paid 700 rupiah a share or a total of 22.512 billion rupiah for the stake, which is equivalentReuters - 207 words
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216 1998-03-20 16 [SINGAPORE] Despite a $2.8 million writeback on an earlier provision. Apollo Enterprises Ltd made a net loss of $2 million last year, due partly to an aborted joint venture deal in Los Angeles. The losses for the full year ended Dec 31, 1997216 words
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COMPANY Briefs
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97 1998-03-20 16 [SINGAPORE] Creative Technology has filed and served a patent infringement lawsuit against its US-based rivals, sound card maker Diamond Multimedia and sound chip maker ESS Technology. The lawsuit was filed last week in a California district court by Creative and its US subsidiary, E-mu97 words
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107 1998-03-20 16 [SINGAPORE] Hotel Properties Ltd yesterday said Crossgate Investments, a company that is 75 per cent owned by HPL's wholly-owned subsidiary HPL Leisure Holdings, has subscribed for a 100 per cent stake in investment holding company Dumpfe Holding BV. The company, which has an issued and107 words
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101 1998-03-20 16 [SINGAPORE] General Magnetics Ltd returned to the black yesterday with a $161,000 year-end net profit, up from a $3.7 million loss in 1996. Turnover was 8 per cent lower at $42.9 million. Earnings per share were 0.2 cents, compared with a loss per share101 words
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435 1998-03-20 17 Meera Tharmaratnam - Price seen as fair; payment will be in cash, shares or cash-cum-shares By] Meera Tharmaratnam in Kuala Lumpur KUB yesterday revealed that it had agreed to pay 688.9 million Malaysian ringgit (*****.7 million), or RM2.50 per share, for a 32435 words
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306 1998-03-20 17 US-based unit is one of world's biggest battery businesses Neuters [MELBOURNE) Australian manufacturing conglomerate Pacific Dunlop Ltd put one of the world's biggest battery businesses up for sale yesterday. Pacific Dunlop, which has struggled to achieve adequate returns on the US-based business,Neuters - 306 words
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182 1998-03-20 17 Bloomberg [TOKYO] NEC Corp, Japan's largest maker of personal computers and microchips, will double output of 64-mega-bit dynamic random-access memory (DRAM) chips by the end of 1998. NEC said it will ramp up output of 64 megabit DRAM chips and scale backBloomberg - 182 words
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Article, Illustration404 1998-03-20 17 Bloomberg [SYDNEY) Australia's A 5449 billion (Ss47B billion) stock market, once underpinned by metals and gold miners, will soon be dominated by industrial and financial services companies. The expected As4s billion sale of the remainder of Telstra Corp, and this year's Asll billionBloomberg; FILE PHOTO - 404 words
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312 1998-03-20 17 Carol Eng - Networks rollout in major markets over the next 3-6 months By* Carol Eng [SINGAPORE) Despite a delay in the launch of several CDMA cellular phone networks in Asia, the company which developed the technology continues to see good potential in the region.312 words
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INTERNATIONAL COMPANIES
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Article, Illustration472 1998-03-20 18 But some see merger of US'largest bank, biggest securities firm as unlikely Bloomberg [NEW YORK] Merrill Lynch Co shares surged 9 per cent to a record high on Wednesday on speculation that Chase Manhattan Corp, the United States' largest bank, would make aBloomberg; Source: Bloomberg - 472 words
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447 1998-03-20 18 Bloomberg [BEAVERTON, Oregon] Nike Inc said fiscal third-quarter earnings fell 69 per cent, as expected, and that it plans a fourth-quarter charge of US$l25 million (Ss2ol million) to US$l75 million to fire 1,600 workers, or 6.8 per cent of itsBloomberg - 447 words
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441 1998-03-20 18 Amex tie-up wins board votes bat deal yet to be fleshed out NYT [NEW YORK] The National Association of Securities Dealers (NASD) promised on Wednesday to invest at least US$llO million (SSI77 million) in new technology and other improvements if it takes controlNYT - 441 words
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415 1998-03-20 18 But US oil firm posts USs39om loss after one-time charges NYT [NEW YORKJ Last year, the directors of Occidental Petroleum Corp acknowledged that the employment contract of their chairman and chief executive, Ray Irani, needed an overhaul. So they paid Mr Irani US$95 millionNYT - 415 words
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230 1998-03-20 18 Reuters [SANTA CLARA, California] MCI Communications and Siemens said on Wednesday that they had struck a fiveyear. US$2.l billion (553.4 billion) revenue-sharing pact in which the two will jointly sell equipment and services to each other's customers. In a statement. MCI and Siemens' BusinessReuters - 230 words
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FINANCE COMMODITIES
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466 1998-03-20 19 Fall from Q3 caused by losses from securities tied to Asia and other emerging markets Bloomberg [WASHINGTON] Derivatives trading revenue at US commercial banks in the fourth quarter fell 52 per cent from the third quarter, as banks suffered losses from securities tiedBloomberg - 466 words
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Article, Illustration465 1998-03-20 19 Big banks welcome granting of licences to AMP Society and Rothschild AFP [SYDNEY] Australia's big four banks yesterday welcomed an expected wave of unprecedented competition after a landmark decision to grant banking licences to two financial services giants. Under finance industry reforms designed toAFP - 465 words
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325 1998-03-20 19 Move to expand investment banking, stock underwriting Bloomberg [NEW YORK] Credit Suisse First Boston (CSFB) plans to hire hundreds of people to expand its investment banking and stock and bonds underwriting to better compete with Merrill Lynch Co and Morgan Stanley, Dean Witter DiscoverBloomberg - 325 words
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Article175 1998-03-20 19 AFP [SHANGHAI] The Shanghai branch of the Industrial and Commercial Bank of China has launched a 24-hour service for customers to trade in foreign exchange around the globe, a newspaper reported yesterday. The Liberation Daily reported that it was the first time that Chinese wereAFP - 175 words
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300 1998-03-20 19 Reuters [AUCKLAND] A substantial easing of monetary conditions would normally have fund managers jumping for joy, but New Zealand funds yesterday said their central bank's move meant a mixed bag for the country's assets. The Reserve Bank said on Wednesday in itsReuters - 300 words
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316 1998-03-20 20 Common global communications network planned FT [LONDON] The Chicago Board of Trade (CBOT), the world's largest derivatives exchange, is forging a strategic alliance with Eurex, the all-electronic continental European exchange. The link-up will aim to develop a common global communications network that will eventuallyFT - 316 words
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201 1998-03-20 20 SOKEXReport Reuters [SINGAPORE) Simex Euroyen and Japanese government bond (JGB) futures were mostly weaker yesterday as traders turned cautions about proposed Japanese stimulus measures. Dealers said easier cash rates cushioned the front Euroyen contracts, but December and March lost ground as JGBs fell off Wednesday'sReuters - 201 words
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164 1998-03-20 20 Charlie Kuo - MSCI TAIWAN FUTURES Charlie Kuo arlie Kuo, service dealer, Refco Singapore Pte Ltd [SINGAPORE] THE Simex MSCI Taiwan Stock Index futures contract continued to decline as investors were worried about the sharp gains of 31 per cent in the electronics sub-index so far this year.164 words
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274 1998-03-20 20 ENERGY REPORT Reuters [LONDON] World oil prices continued pushing higher yesterday buoyed by Venezuela's calis for an agreement among all oil producers to cut output. The world benchmark grade. Brent blend crude, opened nine cents higher in London at U5513.20 a barrel in anReuters - 274 words
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Article290 1998-03-20 20 AFP, AFX-Asia London THE dollar moved higher against the yen, re-testing the 130 level, but was little changed against the mark in afternoon trading here, following the release of US February CPI data and January trade data, analysts said. Data yesterday afternoon showed headline US Consumer prices roseAFP,; AFX-Asia - 290 words
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Article, Illustration1306 1998-03-20 20 NTEBBANK CROSS RATES A c Bmb ECU rtT P"i HK$ Ind »s Bupiah Yen Won Mi HZS Pat 8i Ptso S$ Band Sir MT$ tgt Pound US$ ustr alM 0 943 C 6 JJ® ®£J* \W) 1.214 5.149 26.278 67.950 0.863 9.789 2.436 1.177 29.317 25.336 1067 3.308 0.990 *****1,306 words
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Article1836 1998-03-20 21 SI COM Mar 19 5 30p,) RSS1 CONTRACTS ctntsAg) Ctos# VoteiM Open Hlqft Low S*tt (tonnes) Interest J* W 113.00 m.25 112.25 950 725 •toy* 115.00 ***** 115.00 H25 2225 Jmi 118.25 3475 -W&P 124.50 4095 Octree 98 132.25 5625 Jan/Mar 99 135.75 75 RSS 3 CONTRACT (US1,836 words
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Article2268 1998-03-20 21 LONDON Industrials Mar 19 P+iKi 31 Group 598.000 -5.000 AB Ports 379.000 3.000 Abbey National 1203.000 15.000 Allied Domecq 560.000 -22.000 Amec 156.000 -5.000 Asda Croup 205.600 5.000 BAT Ind 635.000 -3.000 BG Pic 300.000 unch BICC 148.000 -1.000 BOC Group 1030.000 70.600 BR Petroleum 869.000 55.0002,268 words
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Article1635 1998-03-20 21 AFP H Nikkei 225 +5934 JAPANESE share prices closed 0.4 per cent higher yesterday on late bargain hunting, but market sentiment remained weak, brokers said. The key Nikkei Stock Average of 225 leading issues on the Tokyo Stock Exchange rose 59.34 points to end at 16,679.02. But the TopixAFP - 1,635 words
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Article, Illustration1552 1998-03-20 22 Reuters rl Hang Seng +323J9 STOCKS surged to a sharply higher close yesterday in a late spurt led by gains in futures. The Hang Seng Index rose 323.39 points, or 2.91 per cent, to 11,445.04. Turnover picked up in afternoon trade to end at HK$9.O2 billion. The market tailedReuters - 1,552 words
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Article, Illustration620 1998-03-20 22 Reuters, AFP CI Shenzhen B Index -0.32 SHENZHEN'S Hongkong dollar denominated B Share Index ended down yesterday in dull trade, with sentiment weakened by the market's recent bearishness, analysts said. The index slumped 0.32 point, or 0.33 per cent, to 96.03 on turnover of HK$l5 million. "The market hasReuters,; AFP; Source: Credit Lyonnsis Securities(Asia) Ltd - 620 words
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Article363 1998-03-20 22 AFP □wPlndct -9125 TAIWAN stocks fell for the third consecutive day, dropping one per cent yesterday on late selling of plastics and chemicals issues, brokers said. "Investors moved funds to safer investment tools such as savings and bonds," said Clement Lou of Taiwan International Securities Corp. The Weighted PriceAFP - 363 words
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Article, Illustration708 1998-03-20 22 AFP Composite Index +OJS SHARES were marginally higher yesterday as investors awaited firmer results from talks between the Indonesian government and the International Monetary Fund on an economic reform programme, dealers said. "They (investors) are still waiting for the IMF announcement or may be for the implementation of aAFP - 708 words
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Article, Illustration816 1998-03-20 22 AFP FlSETlndei +3.09 THAI shares rebounded in afternoon trade to finish 0.6 per cent up amid an ongoing censure debate in parliament and renewed worries over bank recapitalisation plans. The SET Index gained 3.09 points to close off lows earlier in the day at 503.55. Analysts said the principalAFP - 816 words
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Article280 1998-03-20 22 AFP fl Manila *4.41 PHILIPPINE share prices closed 0.2 per cent higher yesterday on late bargain hunting in a day dominated by profit-taking. The Philippine Stock Exchange Index gained 4.41 points to 2,288.39. Volume fell to 1.93 billion shares worth two billion pesos. Metropolitan Bank and Trust Co roseAFP - 280 words
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Article428 1998-03-20 22 AFP Q Composite Index *3JS SHARE prices closed 0.7 per cent higher on the Korea Stock Exchange in thin trade yesterday with banks the focus of speculation on the potential of foreign participation, dealers said. Second liners were actively traded compared to the rest of the market, but foreignAFP - 428 words
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Article596 1998-03-20 22 AFP nM Primaries *3 SHARE prices closed 0.1 per cent higher after selective buying and selling on speculation that a cut in interest rates might be looming, brokers said. The All Ordinaries, closed up 3 points at 2,772.6. The All Industrials Index finished 9.4 points higher at 4,784.6 whileAFP - 596 words
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Article256 1998-03-20 22 AFP PJ Wellington *6i75 SHARES edged up 0.3 per cent yesterday in trading marked by heavy volumes in a number of stocks. The NZSE-40 Index closed 6.75 higher at 2,344.09. Turnover was a heavy NZ5103.9 million. Brokers said the market reaction to Wednesday's easing in monetary policy remained mixed.AFP - 256 words
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KUALA LUMPUR STOCK MARKET
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Article8927 1998-03-20 23 INDUSTRIALS Consumer products 1998 Last Vol Day Net Cap High Low Company Sato OOO Hljh Low P/t Smll 310 180 Ajinomoto 280 1 5 280 280 15.5 113.5 148 73 Anqkasa 119 7 35 119 115 2.8 175.5 290 123 Apollo Food Hlg 202 2 6 202 202 5.9 80.88,927 words
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Article, Illustration398 1998-03-20 23 AFP Composite Index *24.49 MALAYSIA'S key stock index closed 3.5 per cent higher in active trade yesterday on foreign support due to a firmer ringgit, dealers said. "Optimism is also high among investors ahead of the central bank's annual report next week," an institutionalAFP - 398 words
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WARRANTS & OPTIONS
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Article3644 1998-03-20 24 BONOS, LOANS WARRANTS uj?®"®' Lot Vol Day La&t Ouote Avg "P Company Sal* ear- COOO) Hl«h Law Buyer SeMar Price 68 9 m 3000 mWcMIMMBt. 17 13 ia 8' 8 3)60 -Acer ******1 USS )5 »LS 38 )5.5 )3.5 )5 15.5 >31 8.5 3164 Acma W*****4 25 *3 45 253,644 words
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Article188 1998-03-20 24 R Sivanithy - WARRANT WATCH Ky R Sivanithy THERE seems to be two distinct themes in the market at the moment local property stocks and Malaysian finance issues. The former we covered earlier this week with our "buy" recommendation on Keppel Land's warrants, so we'll take a look at188 words
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Article2376 1998-03-20 24 Transaction date Mar 19 I MALAYSIAN STOCKS Or Qf r997/9a Vol Day Last Ouot. Dtv Dt* Yld H*< M Cap High Low Stno Comply Sale COOP) High Low Buyer SHw Cw W $m* 478 28 ms 5000 AISB 50c 106 *13 2050 106 94.5 105 107 5.0 3.32,376 words
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6800 1998-03-20 25 Transaction date: Mar 19 1997/98 Last Vol Day Last Ooote Dlv Dlv Vte Nat Cap Ave Law SWU CsmpMy Sate COOO) High Law Buyar Salter Cw Pit $mll Prka INDUSTRIALS 157 18 5 a 1020 ACE 0ynamic$60c 36 *1 254 36 33.5 35.5 366,800 words
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Article1200 1998-03-20 25 1997/98 lest Vol Day Last Quote Dtv Otv YM Net Cap Avg Hl<" LOW StNo Company Sale COOO) High Law Btfyor Seller c'yr H p/c $m>l Price 186 76 2000 ABR Hldgs Sc 110 »8 7 110 101 110 115 3.0 6.0 0.1 157.1 48.9 101 448 76 20491,200 words
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Page 15 Advertisements
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Advertisement153 1998-03-20 15 IPO watcn LiXin Industries Price 290 PE Ratio (historical) 7.6 x rjTA per share laftei IPOi 1 5.8 C Industry Plastics VWIKV i VI At our Centre you can enjoy all the facilities of a World-Class Venue with a special touch of local flavour and hospitality. And whether it's for153 words
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Page 16 Advertisements
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Advertisement26 1998-03-20 16 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. tCall C.A.T.S. at 1800-737-1166. Another Classified Service26 words
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Page 17 Advertisements
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Advertisement156 1998-03-20 17 ;,y I Emirates has I I won Airline I I of the Year. I I What more could you ask for? I I jj Best Airline to the Middle East Best Economy Class Best Cabin Staff 4 Gold Gold Gold l j| Best In-flight Food and Wine Best Long-Haul Airline156 words
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Page 18 Advertisements
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Advertisement953 1998-03-20 18 r i HAW PAR HEALTHCARE LIMITED A member of the XttHaujpar Group I (Incorporated in the Republic of Singapore) RESULTS FOR THE YEAR ENDED 31 DECEMBER 1997 The directors wish to announce the unaudited Group and Company results for the year ended 31 December 1997: Group Company 1997 1996 1997953 words
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Page 19 Advertisements
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Advertisement12 1998-03-20 19 BUSINESS Notices To advertise call toll-free 1800-*****83 MORE NOTICES ON PAGE 2612 words
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Advertisement443 1998-03-20 19 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF JINTRANS GARMENT MANUFACTURER PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of JINTRANS GARMENT MANUFACTURER PTE LTD duly convened and held at Blk 5073 Ang Mo Kio Industrial Park 2 Avenue443 words
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Advertisement624 1998-03-20 19 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of SMTEX DECOPOL PTE. LTD. (In Members' Voluntary Liquidation) NOTICE Of RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 14 Tuas Avenue 20. Singapore *****6 on the624 words
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Advertisement569 1998-03-20 19 IN THE MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of VAMAICHI SECURITIES (SMGAPORE) PTE LTD (In Mambara' Voluntary Liquidation) NOTICE Of RESOLUTIONS At an Extraordinary General Meetrvg of the members ol the abovenamed Company duly convened and held at 1 Robinson Road #18-00, AIA Tower. Singapore569 words
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Advertisement460 1998-03-20 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SAMMI (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE Of SPECIAL ANO ORDINARY RESOLUTIONS Pursuant to Section 290 (2)(b)| At an Extraordinary General Meeting of the Company held at 3 Shenton Way *11-03 Shenton House. Singapore460 words
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Advertisement388 1998-03-20 19 'THE companies ACT CHAPTER s<r SECTION 2flO(2Kb) NOTICE OF RESOLUTION UNITED TERMINALS (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of United Terminals (Singapore) Pte Ltd held at 1 Mantime Square. »10-40, World Trade Centre (Lobby O). Singapore *****3 on the 17th day of March 1998,388 words
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Advertisement364 1998-03-20 19 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ANO IN THE MATTER OF CHUGAI INTERNATIONAL SALES (SINGAPORE) PTE LTD (IN LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of the Company signed by the Representative of Holding Company relating to Proceedings of Subsidiary Company pursuant to Section364 words
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Advertisement970 1998-03-20 20 s?£)Haiuyi|jxr Haw Par Corporation Limited (Incorporated in the Republic of Singapore) RESULTS FOR THE YEAR ENDED 31 DECEMBER 1997 The directors wish to announce the unaudited Group and Company results for year ended 31 December 1997. Group Company 1997 1996 1997 1996 1. PROFIT STATEMENT Ss'ooo Ss'ooo Change SS'OOO Ss'ooo970 words
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Advertisement27 1998-03-20 20 I f° unc a car P°°' 'fIH through The Straits wBKui mf* j Times Classified. W K They help me do my part to save the earth.27 words
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Page 22 Advertisements
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Advertisement35 1998-03-20 22 Bosses, we want to hear from you. Do you have a model secretary? Tell Simone (Tel: 740-1265) about her and she may be featured in the Secretarial Administrative Careers supplement in The Straits Times at35 words
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Page 23 Advertisements
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Advertisement32 1998-03-20 23 J jj! UI KJM ~l ,J,U ,J|t„,ip, .JIIJJBHH »L., u» JH.IWyiLIIIWI lit IP). Make The Straits Times I j Classified your first pit stop when shopping for your car or motorbike. m32 words
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Page 24 Advertisements
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Advertisement33 1998-03-20 24 Citibank Margin Trading Account. Trade in the Widest List of Marginable Securities. Call 339-7126 Now. THE CITI NEVER SLEEPS Branches at I Shenton Way 268 Orchard Road 21 Jurong East St 13 www.citibank.com.sg33 words
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Page 25 Advertisements
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Advertisement23 1998-03-20 25 buy, we win finance Hotline: 320 0168 /flfLrWi Cash Deposits uai mailt Safe Deposit Boxes Equipment Construction Factoring mmim BUILDING SOCIETY LTD ft23 words
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STOCK EXCHANGE OF SINGAPORE
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Article222 1998-03-20 26 Stockl Volume •Renong Bhd 50c 45,916,000 •M Resources 36,187,000 •MBf Capital 34,856,000 •Rekapacific Bh 29,515,000 •Pub Bk Foreign 24,245,000 DBS Land 21,814,000 WingTai 25c 20,102,000 Keppel Land 50 c 17,217,000 •MBF Land Bhd 15,412,000 •Unipttoenix 14,503,000 Stocks DBS Land 63.243,956 DBS Foreign 44,049,109 City Dev 50c 43,567,394 Keppel Land50c 40,498,881222 words
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Article, Illustration684 1998-03-20 26 R Sivanithy - STOCK MARKET COMMENTARY STII comes close to 1,700 points with a 3.25% gain in one of the best trading sessions in recent months By R Sivanithy [SINGAPORE] DBS Bank's half-point prime rate cut to 7 per cent gave the local stockChart info from Bridge - 684 words
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Article, Illustration54 1998-03-20 26 Shiv Taneja - by Shiv Taneja BERJAYA Group closed six-and-a-half cents higher yesterday at 55.5 cents on volume of 14.04 million shares, against its 10-day traded average of 4.5 million units. In the near term, the stock will trade sideways. Investors should sell into strength as the medium-term upside is rather54 words
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ON THE GRAPEVINE
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Article74 1998-03-20 26 COCA-COLA is changing its controversial marketing chief Sergio Zyman, the man who is in charge of the sofldrink company's huge advertising budget US$l.7 billion (552.72 billion) last year according to the Wall Street Journal. Zyman, 52, is known as "Ayocola" in the company because of his74 words
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Article82 1998-03-20 26 ALL'S fair in business, and insurance co-op NTUC Income's offer of housing loans at two new projects in Choa Chu Kang is proof of this. Income is offering a first-year fixed rate of 6.25 per cent for loans to buyers of sister-company NTUC Choice Homes' executive condo Yew82 words
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Article62 1998-03-20 26 THE economic turmoil has eroded the earnings of Malaysian banks. So too those of bankers. A prominent banker recently sold four posh apartments In Kuala Lumpur below cost to a foreign investor. The banker, who is at the helm of a listed banking group, is also62 words
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Article124 1998-03-20 26 ACCORDING to a recent article in Forbes. Frank Newman, chief executive of Bankers Trust, lives and moves in style. "The halls around his lavish new corner office in downtown Manhattan are patrolled by husky guards. When Newman was on a trip overseas recently, his flunkies124 words
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Article44 1998-03-20 26 SEEN in a recent advertisement wanted, female procurement office. Interested parties should write to the personal manager In 31, Senoko Drive. Does the advertiser want to hire a procurement officer who is female, or is It looking for someone who procures females?44 words
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Article80 1998-03-20 26 A BANKING contact who was at Pattaya for a week recently to attend a training course with 20 of his colleagues was happy to discover that he was able to extend his stay at the four-star hotel for a mere US$l7 per night. He was even more80 words
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Article101 1998-03-20 26 THE next American executive you meet could be a CIA agent, or at least an informant of the Central Intelligence Agency, according to New Republic. The magazine said CIA, including its secretive National Resources Division, is stepping up its activity in "forging links to American businessmen" and101 words
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Page 26 Advertisements
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Advertisement638 1998-03-20 26 BUSINESS Notices To advertise call toll-free 1800-741 1883 SHERIFF S SALE MOTOR VESSEL "MENC LEE" (Admiralty in Rem No. 85 of 1998) PARTICULARS OF VESSEL Name of Vessel "MENG LEE" Port of Registry Singapore Type 5 holds/ 10 hatches container vessel with cargo holds forward and accommodation navigation machinery spaces638 words
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Advertisement615 1998-03-20 26 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 MINHON CONSTRUCTION PTE LTD (In Members' Voluntary Winding-up) Al an Extraordinary General Meetingof the company duly convened and held on I6lh March 1998 at 11.30 a.m. at 18 Jalan Masjid #02-08, Kemhangan Pla/a. Singapore *****4. the following Special Resolution was passed:615 words
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Advertisement398 1998-03-20 26 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF SICPA PACIFIC TECHNOLOGY PTE LTD (In Members Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to S«ction 290(2)(b)J At an Extraordinary General Meeting of the Company held at 6 Soon Lee Road. Jurong Town. Singapore398 words
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Advertisement368 1998-03-20 26 TURN TO PAGE 19 FOR MORE NOTICES L REPI L Bl'lV't )K >IM.APtJR^ L Compamr* Win Jim* I p So 44 of I WIS In the matter of Companies Act (Chapter 50) 1994 Revised Edn. And in the matter of SHERRV INTERNATIONAL COMPUTERS PTE I.TD (RC No: **********\\ i ADV368 words
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Advertisement313 1998-03-20 26 IN THI MATTKK CH- THI COMPANIES ACT. CAP VI PI'RSI'ANT TO SUCTION >*li *|(H| AND IN THI MATTKK (N PAN-STRAITS INTERNATIONAL DEVELOPMENT PTE LTD (Members' Voluntary Winding Up» Al .in Kxltaordinary (icncral Meeting ul the ahovcnamcdCompany Jul> convened jrtd held at 2SI Sclcgic Road. M)S 2H < SclcgicComplcv Singapore IXK'.VIon313 words
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Advertisement136 1998-03-20 26 P.T. Bank Ekspor Impor Indonesia (Persero) (Acting by and through its Cayman Islands branch) U.S. $59,000,000 Floating Rate Notes due September 1999 In accordance with the terms and conditions of the Notes, the rate of interest applicable for the interest period 17th March, 1998 to 17th September, 1998 is 6.95136 words
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SHIPPING TIMES
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Article308 1998-03-20 27 Bridge News, Reuters PANAMAX activity was negligible in both the Atlantic and Far East with the grain trades particularly slow, brokers said. Futures trading was healthier with increased volume at 339 lots, Clarkson Securities Ltd said in its daily market report. Ranges were narrow with Apr trading 177Bridge News,; Reuters - 308 words
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Article294 1998-03-20 27 Ifclt w CWT DMriMten 0.76 003 SI OwanHap 0.53 0.035 174 Catco Invattmant 0.785 -OAOS 1 FrttaMLMU 0-345 002 6369 GSHoMIng* 0-345 0.015 32 Hal Sun Hup 06 0.015 12* HttacM Zaun 047S 0.045 126 MCHoMkt** 5.6 JayaHaMngt 0.56 uncft 39 Jurong Shipyard 7.8 0l2 63 Kap«wlCarp 4.86294 words
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Article, Illustration407 1998-03-20 27 Felix Chan - Satellite images can also be used to monitor marine traffic within S'pore port limits By] Felix Chan [SINGAPORE] The use of satellite images to monitor vessel traffic and to detect oil pollution around Singapore will receive a boost with the launch ofCNES/SPOT IMAGE - 407 words
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366 1998-03-20 27 Jerzy Farynski - Fromi Jerzy Farynski in Sydney THE Sydney Ports Corporation has rejected claims made during the past few days that Port Botany is the "worst port in the world" by Patrick and Australia's Federal Minister for Workplace Relations, Peter Reith. The corporation's366 words
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216 1998-03-20 27 [VANCOUVER, British Columbia] Two of the world's major container lines are quitting the Canadian Port of Vancouver at the end of March. Sea-Land Service Inc and Denmark's Maersk Line announced plans last month to revise their Pacific Ocean services. The TP4 service, which216 words
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213 1998-03-20 27 (DUBAI) Dubai has completed blueprints to set up an automobile re-export facility at a cost of some US$l6.6 million (5526.5 million), a United Arab Emirates customs official said. Dubai is a major export point for shipping cars to Asia and Africa. The official213 words
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730 1998-03-20 27 Selva Kumar - ADMIRALTY CASEBOOK By\ Selva Kumar THE House of Lords in England has put an end to the long-run-ning dispute concerning a shipbuilder's claim for an accrued instalment, by restoring the decision of a lower court and overruling the Court of730 words
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Article, Illustration1162 1998-03-20 28 PANAMA CAMAI. Greenpeace activists' boarding of a vessel in canal raises worries about safety after Americans leave in 2000 Journal Of Commerce NDER cover of the deep darkI ness before I dawn, GreenI peace activists I in a speedboat I with no lights I pulled alongside SJournal Of Commerce - 1,162 words
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366 1998-03-20 28 PACE EthlopUn 6 ANL 3 E** r r n Accord 6 Fl-BrigM 15 ADranfcial M FlfwW# M Appanship S Asia OCl IS Fro(< '5 I Astro 3 W Unki 16 Austral 9 CUftk 4 Avwit 16 Gamartrans 8 8'tangMas 8 Gonshpg 9 BSA366 words
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Article18009 1998-03-20 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser V«ul Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Oest'n Name Name Number Number SIN Oest'n Name Neme Number Number jMRBnNMMMBMBBNNHMBBMMNHMBMMMBMNMMMHNNMMMBB (MHMNnMMMHMMHMMMHBHHHHHI 24/03 09/04 MSC Agy MSC CHINA OOIA 64-*****40 TO BUENAVENTURA(BUN)2059 To ABIDJAN (ABJ) 2003 Colombia Ivory Coast, Cote D/voire18,009 words
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Page 27 Advertisements
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Advertisement17 1998-03-20 27 Panama Canal: Security questions surface Greenpeace activists' boarding of a vessel in canal raises worries. Page 217 words
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Advertisement80 1998-03-20 27 Indonesian airlines seek to reschedule leasing payments Govt asked to help carriers by giving a special rupiah to dollar rdte. Back Page LJ\y VHJ AGENCIES PTE. LTD. I PURE NEUTRAL NVOCC TO: I USA HONG KONG PUSAN OTHERS 1 We Are Master Co-loaders, Call Us Now! I SINGAPORE: MALAYSIA: 12080 words
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Page 28 Advertisements
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Advertisement806 1998-03-20 28 Hi i tmtk bwtMtmk i w mm mm m m mi o« wt woman H tm ...gym* |tlfrir^.. i Jl 1 WUHIMRtt Mill l*/M 11/ M M/M 17/ M v/u "m/m" "m/m \iju~ H THIT "W" •/II M/M IS7/M I M/U M/lt ooaowA Mill M/M H/M 11/ M 14/ M806 words
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Advertisement531 1998-03-20 28 L>n M Serv'C«S recKMenteo "y M*nbwt ct trie Ragittry of Accn»<jited Shippog Aganti, S<ng®por» Shipping Asgociitipri Mempefß o» the Send out 48,000 Place an ad in... SHIPPINGTIMES Just tilk to u>~ Iris Urn 740 2044 J*rod Ltong 740 2089 EXPOtT_3KiMpon 2 k Honghug 1 MonflajJjt K—ihhmfr K-tunfl (Acwping FCL to531 words
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Page 29 Advertisements
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Advertisement1045 1998-03-20 29 TO EUROPE FROM EUROPE Fvtssa voy sw rtm am ham mv sou fxt ioi l|wm voy ri» a* ha* «v sou fit uh sm I MOSa lilt 20/03 05/04 07/04 10/04 U/04 NaCYIWt *****4/03 M/0J 02/03 21/03 Nol AGATI 3111 24/03 10/04 11/04 14/04 01/04 MOl BUTT 2101 01/03 03/031,045 words
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Advertisement2013 1998-03-20 29 (g) HANJIN SHIPPING HANJIN SHIPPING (S) PTI LTD IN* l/mm <« MOUW *****35 237 SAILS *****24 231 DOCUMfNT *****71 274 OKUnOK 32*0241 252 MAIN LINE *****55 FAX 777*60 a 11 *****0000 M TO NW USA A CANADA USA CANADA* mvsi/vor mm si uni mm/voY 1 «a 1 ttw obi ppx2,013 words
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Page 30 Advertisements
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Advertisement1584 1998-03-20 30 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN^CANAPA vam wi tm uh m w im w ri vtsm voy TST" jed en h» »c «n HJKATTU VNMIi »B KM 1104 MM 1804 U.M CYWOBBX MflttlS HOJ 03 M MM 11M MM lIM fl M POOON6 St NATOR WWII 24 03 It1,584 words
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Advertisement1230 1998-03-20 30 ANC RAHNMj UNE VML Internet Web Site http: //www yml.com.tw IILI i%*AbkXikAiH it*: IlliiUUUJUUtKLiAlliliiiilUSUlMiLliiAlliiLiilfliUUlAJiUiiiL&iiiSllii T¥flCl WEEKLY EVERY thjrsoay/SUNOAY VESSEL VOY SIN CMS RTM HAM FXT LEH ANR MING SUN ABIIW 20/03 24/03 11/04 09AM 08AM 13AJ4 RHEIN BRIDGE JBIIW 22/03 08AM 10AM 11AM 13AM MING GALAXY ABI2W 27/03 31/03 18AM1,230 words
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Advertisement513 1998-03-20 30 "3 JESSELTON LINE Sr JL nil s«t34i« PAXt isiani 1 MUARA LABUAN vissci vor no m vnsa vor eto ru sroti mum sfotf lm iftOVH /o®/9l 24/03 77/03 UIOSFB VOK/W 74/03 71/03 tfMOCXY VOOt/91 79/03 01/04 *N*OOtr WW/90 79/03 07/04 J.MOSTB VO9I/90 07/04 05/04 LPIOSPB VO9I/90 07/04 04/04 AFttOOfT VO9E/90513 words
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Page 31 Advertisements
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Advertisement1401 1998-03-20 31 I VESSEL VOY 1 SIN BKK POU PKO PEN BLW SUN BA IWK IRAN SHOJAAT PJL-1271 18/03 26/03 IRAN TEYFOURI PJL-1273 21/03 30/03 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTSINIRAN4CIS COUNTRIES I.E AZERBAIJAN ARMENIA, KAZAKHSTAN, UZBEKISTAN. TURKMENISTAN, KIRGISTAN. TAOZHIKISTAN GEORGIA VIA B. ABBAS, BIK AGENT IN SINGAPORE I AGENT IN MALAYSIA1,401 words
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Advertisement2601 1998-03-20 31 EVERY MONDAY DIRECT TO JAPAN KOM 7 BATS NMOYA MTS I SINGAPORE'S GENERAL AGENTS: 6 SHiNTON WAY TIL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE; I COSTAR SHIPPING PTE LTD #i 7-08 08Sii0G SAUS/KKGS *****41/43 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD |Ct NO **********0*2,601 words
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Page 32 Advertisements
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Advertisement1461 1998-03-20 32 EUROPEfIJK/SCANOINAVI A/FINLAND/RUSSIA SGP RDM ANW HBG THP ZEE LHV I LHV TMP RDM ANW HBG PKL SGP E REPUTE RW-013 22/03 10/04 15/04 11/04 13/04 14/04 15/04 E GAINING RE 062 23/02 25/02 24/02 28/02 28/02 23/03 24/03 i RACER RW 021 28/03 17/04 22/04 18/04 20/04 21/04 22/04 E1,461 words
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Advertisement928 1998-03-20 32 m. AM MAU-NcLS S'PUHE M'SIA Carrier: MN CONTR UHEB, INC 1 IV/\- I CWNOc IKO67SOOOOE SIBU: (084) *****9 MANILA: (832) *****24 PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21)*****07 MON: (61)*****3 KUCHMQ (082) *****1-3 MANILA CINOA/li MARvj MV "SEVEN SEAS BEACON" V.803N MV928 words
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Advertisement416 1998-03-20 32 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VBSE 1 VOY I SIM I PUJ I DC I (H I R/MT MOTUQUEa o?ts M/ 03 ?i/03 oi/b wu 07/ m MAMUIWA6OK 005S W/03 07/04 11/Q# iyQ4 ■jWTPgg (BIS 05/04 lt/H ?I/K WAMttiyaUS QMS 14/04 ?VO4 27/04 Ql/ft 04/05 GOLDEN416 words
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Page 33 Advertisements
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Advertisement566 1998-03-20 33 BSfl a M MYANMA pBBk FIVE STAR LINE (Mya nmar National Lino) Loading for Yangon (Rangoon) VESSEL VOY SIN KG KN KU AVA 14AW SLD PAGAN 2SAW 24/03 MALAYSIA AGENTS: MUSTEAD SHIPPING AGENCIES ML TEL 02-03-*****00 PM: TEL 02-03-37M101 PEN: TEL 02-04-2****** PGO: TU 02-07-*****21/4 BANK LINE (A ttrvict of566 words
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Advertisement1272 1998-03-20 33 HYUNDAI MERCHANT MARINE CO. LVD. [yjßsa vof "sm Isouluhlbtmlamtihamlmvlfel~l ivtssa voT|Sou|ifHjßTß|AiiT|HAß|MV|m|SM| iosa 304W 20/03 10/04 11/04 05/ M 07/04 07/04 07/04 WLCTPRBE 3101 26/02 M/ 03 03/03 28/02 28/02 03/03 21/03 MOUGAJT 310W 23/03 M/ 04 09/04 11/04 11/04 11/04 14/04 NOLLOUTE *****4/03 07/03 01/03 03/03 24/03 HTAMMAL 312W 26/031,272 words
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Advertisement883 1998-03-20 33 fIV norwegon ipeoakted oufcxomers au.,^ u m Qsmie mm mm l//v£s TO NORTH AND LATIN AMERICA RORO HEAYYUFT SERVICE" [VIS StL VOY RAMP WIGHT SIM LAX CRL NUA SAV Ml ORF NYC NEW MOO TOURGOING FOO6 400 Tmh 6.3 M IMPORT 11/04 19/04 22/04 24/04 26/04 27/04 2S/04 03/0S (M/0S883 words
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Page 34 Advertisements
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Advertisement848 1998-03-20 34 BAHQKOK/LAIM CH ABA WO JAKARTA/PAN JANG VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN YANTRA BHUM 232N 21/03 25/03 GURU BHUM' 70S 21/03 24/03 CHANA BHUM 10N 22/03 25/03 25/03 ACX RUBY» 18S 23/03 28/03 ACX JADE 18N 22/03 25/03 26/03 RATHA BHUM 06S 24/03 28/03 ANAN BHUM"848 words
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Advertisement103 1998-03-20 34 GEMARTRANS 4 SAILINGS WEEK TO HCM VKSa VOY SM HOI MHINH E3OU 20/03 21/03 HAU GUNG 02 AII2S 21/03 24/03 UUIHUM 4SN 23/03 20/03 GUAM 9034 24/03 27/03 VAN XUAN ***** 27/03 30/03 HAU GUNG 02 All3o 20/03 30/03 2 SAILINGS WEEK TO HAIPHONG YlSSti I VOY I SI I103 words
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Advertisement450 1998-03-20 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAO. SINGAPORE 0208 TEL: *****68 FAX: *****64 TLX: R*****6 SINMER SI|B CR No: **********0W Receiving Cargo at PTI I Blntulu I Mufi vtssa vot m uu vot sm mua ISeno WBO6E 7130/03 OZ/04 »W V*oS{ 7*24/03 W/03 ISeno mo/! II 12/04 17/04 MM450 words
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Advertisement601 1998-03-20 34 A ACCORD Mm SHIPPING PTE LTD *****13 (40 Lin«s) FAX s *****30 POM KLANG (03) M 7 lOC M M DIRECT ACCESS TIL: *****55 (EXPORT BOOKING) P4SM GUDAMG <971 SSI 1577 *****34 (EXPORT DOC), *****39 (IMPORT] POMMG (04)UJ144i —URLsMTTP://WWW.ACCORD.COM.SG WUtTA (J1)M«770 m SIM ~POKT m SIM PORT ETA $IM FOiT601 words
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Page 35 Advertisements
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Advertisement369 1998-03-20 35 express lIMI rnifDuwpmp m~ I M»UW>T»WKMgII [amtwcw^ A VtOOtL 17/4 1/8 OMIT 1/0 TO AUSTRALIA I RJLt COWPUWEW SERVICE m w TWHT m_ m wo wa ma lot m WLUKUMA VflM IMBI4® am HM Ml KM KM XMUQAI V«« IM3 M«J 01«4 OMM'OMM OM4 IM4 NOKOuovoiniiMi VJ* M tta OM«369 words
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Advertisement960 1998-03-20 35 f tgagrPlf PACIFIC INTERNATIONAL LINES (PTE) LTD^ I ''"r"r"? m l4O C® o l Street #03 Pit- Building, Singapore *****0. CP NO **********06 |VtMII VOT m I '1 M» Mi «I Wi IM I IoOCIMOJUM OAAOOO2I/3 I 11/3 I 5/4 4/4 7/4 10/4 U/4I 11/4 I \mnmu mm \r/\ I960 words
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Advertisement888 1998-03-20 35 vessels I voy fin jo I m I hh I mam thp rtm -m "I WXgQ6O6M»4A H24W IMH 27/08 01AM OXO4 OBAM IQAM IXO4 11/04 VMXt OOWOH YB4W 84/03 01AM OXO4 12AM IXO4 18AM IXO4 IMH VILLI DC TANYA T2SW 01AM 10AM 18AM 2QAM 21AM 2X04 564 ">sso* |VHgOeMM4OeA |va«w888 words
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Page 37 Advertisements
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Advertisement44 1998-03-20 37 To retrieve more schedules, just follow these simple steps... St6^J^ The d cumcnt al the port your Step key in the four number /ZM Jm digit code Key in your Exampto: r—L-, fax number To NEW YORK (NYC) 2275 for calls within Singapore 144 words
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Page 40 Advertisements
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Advertisement1175 1998-03-20 40 SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 ■dbn TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********0 D BOOKINGS CALL DIRECT LINE: *****41/43 JE^IC*/CEll>/MEICH*M 7 SLGS/WEEK 2 SLG/WEEK lucogpi VOY Tsm JAK I VESSEL VOY PLB Si ,272 21/03 tSAT) SINAR JAVA1,175 words
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Advertisement602 1998-03-20 40 \*mm EN6 LIE SHIPPING CO Wl LTD I Tab 5330»75 (4 Um) taa: SJJOBIB/SJJ4W I I a fciIiUMIHIH I VISSEL VOY SIN ETA SHI ETD DESTINATION Unggul Joyo 05/98 20/03 21/03 ftmrnVPfau/Duru Marco Polo 12 07/98 20/03 21/03 Koolo Tunggol Union Star 8 06/98 20/03 23/03 Jombi Bum Indoh 04/98602 words
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Advertisement461 1998-03-20 40 SIM FAR EAST 22/03 KEELUNG/KAOHSIUNG 22/03 BANGKOK 23/03 MANILA/CEBU 22/03 JAKARTA/BE LAWAN/SURABAYA 22/03 PORT KELANG/PENANG/E. MALAYSIA 24/03 BUSAN 22/03 TOKYO/YOKO/KOBE/NGO/OSA 22/03 HONG KONG SIM CHINA (4>H*±»*n) 22/03 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU m EUROPE/UK 22/03 LDN/FLX/LVP/SOU R DM/ANT/LEH/HAM/GOT /OSL also accepting cargo to EASTERN BLOCK COUNTRIES m USA/CANADA 24/03 LOS ANGELES/NEW461 words
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Advertisement489 1998-03-20 40 Singapore Soviet Shipping a® Co. Pte. Ltd. CR NO:**********0N BOMBAY VESSEL VOY SIN BOM PNG PKL TRADE FAST TFS2IS 22/03 28/03 09/04 10/04 KOTA RATU RTUOOS 30/03 06/04 10/04 19/04 FAIRY EAGLE 111N 04/04 11/04 23/04 25/04 KOTA RAJA RJAOO9 12/04 19/04 01/05 02/05 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA489 words
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Page 41 Advertisements
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Advertisement1047 1998-03-20 41 i ASIA MiDfTCRRANEAN EXPRESS (AME) WESTBOUND SERVICE i VESSEL VOY I SIN PIR I GOA I VIC LEH I ANR I FXT MSC HOUSTON 9810-3 2LMM Q? APR Q9APR 11 APR OMJT 15 APR 16 APR N SHARJAH ***** 29 MAR 11 APR 13 APR OMIT OMIT 19 APR 201,047 words
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Advertisement1489 1998-03-20 41 1otmh TVoI oSm ofw vm ~—noi w Iml-J«*a_lir~ S-POK ~rooTT nagqta I swiMzu"]Toiro~ NYRAUAM 20WM12 24.03 11.04 1104 14.04 1(14 *>••» HOJ 2412 2102 17.03 2103 2413 7103 26.03 1s»s» aalaslalal alas Ir la las a SS-mm I S!S 1 "SS* I i?j. I SS. I !S. I TSF-I mx/K,m1,489 words
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Advertisement114 1998-03-20 41 f Jr\ t g Im 1 For Booking Please Call Eaitee/Zarina: (35) 222 7Q22 Changzhou \L Shanghai \L Foshan \Z Shantou \L Fuzhou \L Shenzhen 4 2 vS Guangzhou Tianjin \L Hangzhou \L Wuhan \L Huangpu \L Xiamen Qingdao \L Zhongshan Ij m San Shan \L Zhuhai Hour next sailings114 words
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Page 42 Advertisements
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Advertisement443 1998-03-20 42 MAA SIN I TIGER ISLAND 613N 20-22/03 26-29/03 03 06/04 TIGER BRIIDGE 614N 24-25/03 30-02/04 07-06/04 I TIIGER BAY 615N 27-29/03 02-06/04 10-12/04 I TIGER WAVE 616N 31-01/04 06-09/04 14-15/04 I TIGER ISLAND 617N 03-05/04 09-12/04 17-19/04 I TIGER BRIDGE 618N 07-08/04 13-16/04 21-22/04 IVESS£L^^VOY^s!^^CA^^sU4| TIGER CREEK 316CN8 23-24/03 30-02/04443 words
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Advertisement878 1998-03-20 42 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg LCL FCL SERVICES FROM SINGAPORE TO: SAN ANTONIO, CHIU (SAI)/ALEXANDRIA (ALY)/LAEM CHABANO (LCB) Etd SIN EtdSAI Etd ALY Etd LCB Maersk Capetown VOO4N 30/03 11/05 Moreton Bay V 8503 25/03 12/04 Sino Marine878 words
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Advertisement1133 1998-03-20 42 OOCI (Sinqopore) Pte Ltd CFS Keppel Disfrpk Fotkcckbg i^Ai 79 Arm* Road #21-04 (S) *****6 Hk 513 #01-128 t mmty fV CR NO **********0H U: 272 7827 call 3269 SO W W: *****)3 F.« 221 3942 Fw: 272 7125 rgj| NORTN AMEtKJL USA/CANADA AUSTRALIA TO USA SGf LGB CHI 'MEM1,133 words
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SHIPS IN PORT
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Article764 1998-03-20 43 VtSMl Voy Wo Btrth Arrlvil Dgp^rturg Artta S*a W603 J rW1 *JH iWigsKM 20 0VI500 Aimmuccmi ma Jio itongnd* 26.03/0600 lonarua ***** J02 »iongiid« 19.03/1900 It H*rtnma Mar19 J01 alongiid* 19.03/1600 st not* j*r* onm joi aungim 20.03/0300 n Pai M0T95 *****8 JOI alongiid* 20.03/0500 Si R8 2113764 words
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Article1752 1998-03-20 43 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Boofclnt/BaiMC* titts Sftlp Voy Wo Etb/Btr Nrtod From To From Acuttt mm 21/0*00 u www www w/woo w wmw it/«» nt*x U ivmt 20/0494 20/0400 a wm 20/0431 torn* i hum am K-*X 4 nmoo m/mw amw ikiumc mu fvisioo1,752 words
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Article194 1998-03-20 43 IbrlO Japan: Vernal Equinox Day. Mara Mexico: Juarez Day. MarM Orttct: Independent Day. Apr I Hong Kong: Ching Ming Festival. Apr 7 Brunei: Harl Raya Ha)l. Malaysia: Harl Raya Hall Apr# Denmark: Maundy Thuraday. Mexico Maundy Thuraday. Apr 10 A ustralia:Good Friday. Canada: Good Friday. Dtnmark: Good Friday.194 words
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Article876 1998-03-20 43 THIS report, compiled by Cockett Marine Oil Ltd, ahowt price range* in US dollar* lnatead of tingle price* fbr a more comprehentlve description of th* market Prtoe* thown are baaed on average tUed •tem Market movement* ar* Indicated Th* Coctaatt Bunker Prloe index change and the876 words
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Article421 1998-03-20 43 CwtM 1*0 Mu 993.5 2.0 13.1 0.31 72 0.09 Mar 12 Oowtty Motor RwMm Ask AImiMmi SoOimont Mo tbom £25 5 2 1 2 0 0 H/H MO A«* 9841 0.4 H2 0.0* 26 0.02 liui 300 tin 992.3 1.0 19.9 O.M 64 0 06 WW421 words
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Page 43 Miscellaneous
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Miscellaneous129 1998-03-20 43 LEGEND: R Thunderstorm Temperature o c X\ V Shower Weather Wind direction with speed in knots e Rom Cloudy Sky Wove Surface wind* ore indicated by arrows which Hy with the wind 0 One fu« circle represents co(m or light ond var.able w«ds W One halt Heche represents 5 knots129 words
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AIR & LAND TRANSPORT NEWS
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342 1998-03-20 44 Govt asked to help carriers by giving a special rupiah to dollar rate Reuters (JAKARTA] Indonesia's airlines are seeking to reschedule jet leasing payments as the country's monetary crisis bites deeper into their balance sheets, the Jakarta Post newspaper reported yesterday. The paperReuters - 342 words
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249 1998-03-20 44 Bloomberg [MIAMI] Pan Am Corp said Silicon Valley investor Milan Mandaric ended discussions about investing in the bankrupt airline. Mr Mandaric is the third potential investor to pull out of talks with the Miami-based company since its Pan American Airways Corp and PanBloomberg - 249 words
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Article, Illustration72 1998-03-20 44 [NEW YORK] People looking at the new Rolls Royce Silver Seraph that was unveiled in New York. The Duke of Edinburgh on a visit to the United States attended the unveiling. The Silver Seraph is the first new Rolls-Royce in 18 years and features aREUTERS - 72 words
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324 1998-03-20 44 Train engineers threaten strike if unsafe practices continue Bloomberg [HOUSTON] Union Pacific Corp train operators said the company routinely forces them to violate US safety regulations weeks after federal regulators said poor operating practices by the railroad led to 11 deaths last year. AnBloomberg - 324 words
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Article, Illustration155 1998-03-20 44 Safety checks to be conducted after crash of Formosa airliner Reuters [TAIPEI] Taiwan said yesterday it was grounding domestic Formosa Airlines' Saab 340 planes for safety checks after a crash involving one of the planes on Wednesday. "We are grounding the (six) airliners for special checksReuters; AFP - 155 words
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540 1998-03-20 44 Bloomberg [HOUSTON] Continental Airlines Inc will buy 15 Boeing Co 737-900 planes worth about US$BlO million as it replaces older aircraft and tries to cut costs. The new planes, which carry 170 passengers, are to be delivered between May 2001 andBloomberg - 540 words
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375 1998-03-20 44 Bloomberg [WASHINGTON] The chief executives of five rival airlines were to be on Capitol Hill yesterday to speak out against the proposed alliance between the two dominant carriers in the US-UK air travel market AMR Corp's American Airlines and British Airways pic. RivalsBloomberg - 375 words
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156 1998-03-20 44 Reuters [ABU DHABI] The United Arab Emirates has decided to buy four military transport planes from Indonesian aircraft maker IPTN in a deal worth a total of US$l5O million (Ss24o million), an airforce official said. The UAE's news agency WAM said ColonelReuters - 156 words
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Article1619 1998-03-20 44 an FUCHT CTA FU6HT £70 MBMHH (MM 2030 •mpOnMC C2354 JM xanm wi I 7 IM **7411 1030 YK742 0905 Amt«r«M $0327 OK* *1044 VW41 010 MO *1837 1540 6*9* *30 SS Imttrnt H***** 2045 N***** 2045 MI897 TM M090 1935 $0286 2045 SO205 2045 IM**I1,619 words
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