The Business Times, 3 April 1998

Microfilm: NL21181
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA(P) ll(V12/97 85e SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, APRIL 3,1998
    12 words
  • Article
    MARKET SUMMARY
    57 1 SRI IJHBM (-31.52) nirooar M"** (-52.62) QnUMOS.46) nimBTMBe Thursday Change KLSE COMP 684.27 1178 NIKKEI U,7ttJI -H&7* HANG SENG 11,***** -14L71 SET INDEX JAKARTA OOMP_JM.4« 7M MANILA COMP 2,174 -*J7 TAIPH WPI MAM -*4» 8B0ULC0MP 4StM -KM CLSA CHINA B M8.4* -17* AUST ALLOBD 2,717 +4.1 4Mam -tftt
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  • Article
    FINANCE
    65 1 U» St uss un £<UBI/Mper£) 1671 17» ON IM M7t YHf 1317 IJir M 176S HIM HK» im UH BAHT 4*76 MM hjpiah mm Mir 'St mm mutt HOB SATES SINGAPORE* 7U KUALA LUMPUR 1LM JAKARTA HUM BANGKOK 14.7ft MANILA SJft HONGKONG __lftjft TUPH KM SYDNEY Mfr TOKYO Ml
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  • Article, Illustration
    Lock icon Tankan survey points to deep Japan recession
    796 1  -  Dramatic slump in business conditions sends stocks and yen reeling From Anthony Rowley in Tokyo THE Bank of Japan's quarterly tankan survey published yesterday revealed a Japanese economy perilously close to what some analysts fear will be a deep and protracted recession, unless
    Source: Bloomberg  -  796 words
  • Article, Illustration
    Lock icon Renewed jitters hit regional stocks, currencies
    331 1 [SINGAPORE] Fears that Japan could be plunging headlong into a recession yesterday triggered renewed weakness in currencies and stocks across the region. Asian currencies tumbled, led by the Thai baht with a 4.3 per cent fall to 40.75 from 39 per US dollar on
    Source: Dow Jones  -  331 words
  • Article
    Next, Wing Tai offers buyback scheme for Duchess flats
    532 1  -  Byi Ang Wan May [SINGAPORE] Wing Tai Holdings yesterday became the first developer in Singapore to offer to buy back properties if they fall below the purchase price after three years. A flyer sent out by the listed company in the
    532 words
  • Article
    Int'l bankers losing faith in Indon debt deal
    710 1  -  Banks arranging own settlement with corporate debtors Byl Shoeb Kagda [SINGAPORE] International bankers are starting to lose faith that a grand debt rollover deal for Indonesia can be forged and are starting to negotiate individually with their corporate debtors. Bankers BT spoke
    710 words
  • Article, Illustration
    Lock icon $30m for 16 shophouses
    49 1 Ves, that's the asking price for this piece of Singapore landmark in the Tcuyong Pagar shophouse conservation area, our sources tell us. Or if you want to break bulk and go forjust a unit, the owner may be amenable too. Full report, Pg2 ARTHUR LEE
    ARTHUR LEE  -  49 words
  • Article
    Temasek bond issue not well understood: Hsien Yang
    337 1  -  Premium to current Sing Tel share price if bond is not exchanged By' Teh Hooi Ling [SINGAPORE] The US$l billion (Ssl.6 billion) bond issue by Temasek Holdings, exchangeable for Singapore Telecom shares, is not well understood, said Sing Tel chief executive officer
    337 words
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      105 1 Avyd Former Commercial AfiUrs Department director Glenn Knight was charged yesterday with two counts erf criminal breach of trust, involving a total of $000, Fgt mm 1% r Oto'iMw Intel Recent parliament elections point to a depolitidstngof the process, rgt BmkUASkm Our market columnist poses several questions about Singapore's first
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      71 1 Japan firms set to slash output, wages, hiring, Pg 8 > I v v v V v.. J >'. >;; fc A' V N, i l; L oiyio an Exotic Blend of Eastern and Western Cooking IfeiMr. ~-K.* &.'sHI iHBI ■■■■■■■■■Hi-- w 1 jf\A ii iii ilt«ib I jjl Serving
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon DBS Land said to be seeking buyer for 51 Neil Road
      406 2  -  It's asking for about $30mforrewofl6 restored shophooses, say sources By Jenny Lam DBS Land is quietly seeking a buyer for 51 Neil Road a row of restored shophouses at an asking price of around $30 million, sources say. Contacted
      ARTHUR LEE  -  406 words
    • Article
      Integral resumes output at Senoko – for a limited period
      341 2  - Integral resumes output at Senoko for a limited period Court rilling allows output period of not more than six weeks By Jennifer Lien PRODUCTION has resumed for a limited period at Integral Peripherals' Senoko plant, less than a month after the unit went into provisional liquidation. About 50 staff, both
      341 words
    • Article, Illustration
      Lock icon Feb manufacturing output up 16%
      306 2  -  EYE ON THE ECONOMY Manufacturing By, Jennifer Lien Manufacturing output grew 16.2 per cent in February, up from January's revised 4.9 per cent decline. The January figure was sharply lower than the 3.9 per cent previously announced by the Economic Development Board. The board said
      Source: UOB  -  306 words
    • Article
      Glenn Knight charged with CBT
      284 2  -  Ex-CAD director faces two connts involving $4,200 By Conrad Raj FORMER Commercial Affairs Department director Glenn Jeyasingam Knight was charged yesterday with two counts of criminal breach of trust involving a total of $4,200. No pleas were taken and Knight was released on bail of
      284 words
    • Article
      First venture for govt-led S Africa fund
      338 2  -  Sail to partner Informatics, Real Africa Hldgs in education project Reportshy Audrey Tan SOUTHERN Africa Investments Pte Ltd (Sail) a gov-ernment-led investment ftind yesterday signed its first joint venture agreement to take a 20 per cent stake in a $2.2 million education project.
      338 words
    • Article
      Rheinmetall of Germany sees strong Asian electronics sales
      327 2  -  By, Annette Pau GERMAN-listed defence engineering and electronics conglomerate Rheinmetall AG aims to triple sales from its electronics division in Asia by year 2001 to "significantly over 200 million marks (Ssl76 million)", the Asian economic crisis notwithstanding. It is also looking to
      327 words
    • Article
      Slow private sector demand for funds for pioneering markets
      369 2 THE government's plans to set up investment funds for other pioneering markets are not expected to proceed before the end of this year. Trade Development Board deputy chief executive officer Tay Thiam Peng said this is because private sector demand for
      369 words
    • Article
      New PSB scheme to lift productivity standards
      343 3  -  Firms to be assessed on criteria based on leading companies in developed countries Byi Carol Eng A NEW programme to raise the productivity of local companies to the world-class standards of firms in the US, Europe and Japan is underway. The Singapore Productivity
      343 words
    • Article
      S'pore ONE services to hit US market
      146 3 THE contents of Singapore ONE, the national multimedia network, will reach the US market through US cable Internet service provider @Home Network. About a dozen Singapore ONE services, ranging from an Asian cooking class to educational courses, will go online in the US
      146 words
    • NEWS Roundup
      • Article
        SinfTel launches $15m network service
        95 3 SINGAPORE Telecom yesterday launched a new $15 million network service called Connect Plus, which helps companies build intranets and extranets at up to 40 per cent cheaper than if they were to do it on their own. Connect Plus is a value-added networking solution that
        95 words
      • Article
        TAS bans certain cordless phones
        133 3 THE Telecommunication Authority of Singapore (TAS) yesterday said it was banning the import and sale of cordless telephones and surveillance cameras operating in the GSM ftequency bands ofB9o-915 MHz and93s-960 MHz. These equipment, not approved for local use, have been causing serious interference to the
        133 words
      • Article
        JTC unit Arcasia names new MD
        107 3 ARCASIA Land, a unit of JurongTown Corporation, has appointed Swee Kee Siong its managing director for two years effective yesterday. Mr Swee, JTC second deputy chief executive officer, replaces Chong Siak Ching, who has been seconded to JTC for the same period. Ms Chong
        107 words
    • Article
      Asia needs trade financing, Thai deputy PM tells forum
      452 3  -  He also calls for more controls on lenders of capital From Margaret Thomas in Ixmdon WHAT Asia most needs right now as it tries to pull out of the financial crisis is trade financing, Thai Deputy Prime Minister Supachai Panitchpakdi yesterday
      452 words
    • Article
      Unions look to May Day goodies
      187 3 GIVEN the economic slowdown this year, unions and workers are expecting the government to announce at next month's May Day rally some incentives to help them tide over difficulties, said the National Trades Union Congress (NTUC) yesterday. In particular, it is looking to more
      187 words
    • Article, Illustration
      Whither Asia's alternative currency move?
      740 3  -  ASHM XI SUMMIT Last year's decision to explore this has yet to yield results By Yang Razali Kassim WHEN East Asian leaders met last year in Kuala Lumpur back-to-back with Asean leaders' own summit meeting, one key decision taken was to explore the use of
      740 words
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      36 2 ASTEVEN SPIELBERG film JCmistad I'ii i c h.ise 2 bottles of ©cider for Ss2o r .it K/l/tllclll/rirO or ami yet liin i red ed i t ion AMISTAD T-shirt I REE! (limin /)iiioJ only whih List
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      48 3 v l lUI f' S> H!.» h1 N ~v > v lluii II I>r 111 lli* 1 i»n \ci s.ii .V x ki Ili 111 iii'ctl I *»1 il A •""■"p i i f x '(k jN V- T '1 h Vai fate.. V,.. *3', X 'tF ■»> m -y
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      93 3 RAYMOND WEIL GENEVE m. 4» r^ 18K gold and stainless steel. Sapphire crystal. Quartz. 50m water-resistant. Gents Ref. 9570STG 551,946.70(W/GST) Ladies Ref. 9470STG 551,838.55(W/GST) SOLE AGENT: CRYSTAL TIME (S) PTE LTD TEL: 747 8888 website: http: //www.raymond-weil.ch RAYMOND WEIL SHOWROOM AND SERVICE CENTRE: #02-09 Raffles Hotel Arcade, Singapore *****9. Tel:
      93 words
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  • MARKETS IN TURMOIL
    • Article
      Lock icon S Korean usable reserves now over US$24b
      238 4 AFP, Bernama [SEOUL] South Korea's "usable" foreign exchange reserves have surpassed US$24 billion (Ss39 billion), outstripping the government target of US$2O billion for the end of March, the finance ministry said yesterday. The usable foreign exchange reserves, which hit a low of US$4
      AFP, Bernama  -  238 words
    • Article
      Lock icon China buys US$52b US T-bonds in 2 mths
      181 4 AFP [HONGKONG] China has bought around US$52 billion (SsBs billion) worth of US Treasury bonds in the past two months to strengthen its defence of the Hongkong dollar against speculation, reports said yesterday. China has spent the equivalent of one third of
      AFP  -  181 words
    • Article
      Lock icon Indon banks' time bomb
      179 4 Reuters [JAKARTA] Indonesian banks face a time bomb in forward contract losses because of the rupiah's dramatic fall in value against the dollar, a newspaper reported yesterday. The Jakarta Post said In-, donesian banks, according to government figures, owe U5514.23 billion (5523.1 billion) to overseas institutions.
      Reuters  -  179 words
    • Article
      Corrections and clarifications
      59 4 COLIN Ng Partners has pointed out that Chulapong Yukate, the firm's Thai legal adviser, is based in Singapore, and not in Bangkok as reported in yesterday's article, "New Thai bankruptcy law out soon". The law firm also said that it was the joint organiser of the seminar
      59 words
    • Article
      Offshore debt reschedule still a major hurdle for Indonesia
      660 4  -  Hopes now pinned on IMTs Stanley Fischer to break impasse From I S N Vasuki in Jakarta SETTING up a framework for rescheduling offshore corporate debt remained a major stumbling block as Indonesia and the International Monetary Fund continued discussions in
      660 words
    • Article, Illustration
      Lock icon Donors agree to work closely to help Indonesia
      412 4  -  They also urge Jakarta to push ahead with reforms From. Leon Hadar in Washington INTERNATIONAL donors, meeting in Washington on Wednesday, agreed to work closely in their efforts to help Indonesia deal with the urgent social consequences of its financial crisis and
      REUTERS  -  412 words
    • Article
      Lock icon Manila US$500m bond expected to be well-received
      349 4 It's set to tap world markets for Ist time since Asian crisis Reuters, AFP [MANILA] The Philippines was set yesterday to test world capital markets for the first time since Asia's financial turmoil erupted in July, and bankers expected the US$5OO million (*****.2
      Reuters,; AFP  -  349 words
    • Article
      Lock icon Patients flee Jakarta hospitals to avoid bills
      223 4 AFP Reuters, [JAKARTA] Hundreds of hospital patients in Jakarta have fled their beds before making a full recovery because they cannot afford their bills, an Indonesian newspaper said yesterday. The current economic crisis, in which the rupiah currency has plunged about 70 per
      AFP; Reuters,  -  223 words
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      30 4 You've heard ALL the Analysis on the Regional Crisis but Little about How to Cope with It. ENTERPRISE PROMOTION CENTRES PTE LTD rU C.'t n,n 10 S-.,c|ap»1 r ><>B36 T.-l
      30 words
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  • SOUTH-EAST ASIA
    • Article
      Intel to spend US$400 on M'sian operations this year
      445 5  -  US chip giant reaffirms confidence in Asian markets, planning over USslb in investments From Kenneth James in Pena ng TOP Intel Corp executives yesterday reiterated the chip giant's confidence in Asia as a driving force of the personal computer industry, backing
      445 words
    • Article
      Bangkok ropes in Intel for Software Park
      445 5  -  MoU signed with Intel for technology to help kickstart software corridor Front! Bruce Cheesman in Bangkok THAILAND has thrown down the gauntlet to the Singapore ONE high-tech initiative and Malaysia's Multimedia Super Corridor by enticing US computer giant Intel to provide technology to
      445 words
    • Article, Illustration
      Lock icon Ex-minister, 2 rivals in fight to head Thai banking body
      448 5  -  Thanong, scions of two banking families in contest; voting's on April 9 From Harish Mehta in Bangkok FORMER Thai finance minister Thanong Bidaya and the scions of two banking families are locked in a three-way contest for the top post
      FILE PHOTO  -  448 words
    • Article, Illustration
      Lock icon Thai army ranks swell as job market disappears
      316 5 BANGKOK AFP THAILAND'S economic crisis has boosted the ranks of the military here, with scores of young men enlisting as the job market dries up, officials and media said yesterday. The Thai military has recorded 100 per cent enrolment in some districts
      AFP; FILE PHOTO  -  316 words
    • Article
      Lock icon Miri to get RM3.5m more equipment to fight fires
      314 5 KUALA LUMPUR EL also asked to approve RM3m for a cloud-seeding copter AFP THE Malaysian cabinet has approved an additional 3.5 million Malaysian ringgit (Ssl.s million) to buy firefighting equipment for the smog-choked town of Miri, a report said yesterday. Housing
      AFP  -  314 words
    • Article
      Lock icon US lashes out at Thai trade barriers
      417 5 BANGKOK Duties, arbitrary customs procedures, 'Buy Thai' campaign cited in trade report AFP, Reuters THE US has hit out at Thai trade barriers and customs procedures which unfairly impede US exports, in a report by the office of the US Trade Representative released
      AFP,; Reuters  -  417 words
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      7 5 TODAY M-ianhe Zaobao pyß|BPvvn| 4> l-.l'lili&Ml ?9R
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      141 5 Intel's new chip for mobile PCs, Pg 17 Fly Aeroflot to Vladivostok and you'll discover more than the 1 tamed Trans-Siberian Railway, the world's longest railway. You'll find the shortest air route to Anchorage and Seattle as well as connections to Japan. So book our weekly Sunday evening flights from
      141 words
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  • FOCUS
    • Article, Illustration
      Lock icon China's fourth generation of leaders
      1149 6  -  Election results at the National People's Congress show considerable progress in depoliticising the selection process By I Lu Ning [SINGAPORE! CHINA'S Great Helmsman Mao Zedong used to quote Lenin when he had time to think about succession: "Once the political line is set, the most
      FILE PHOTO  -  1,149 words
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      471 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MAINTENANCE LABOUR SERVICES (MLS) PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap.so, that a Final General Meeting of the abovenamed Company will be held at
      471 words
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      730 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND M THE MATTER OF YAMAJCHI MERCHANT BANK (SINGAPORE) LIMITED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 1 Robinson Road •18-00, AIA Tower. Singapore
      730 words
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      439 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF YAMAICHI NOMINEES (SINGAPORE) PRIVATE LTD (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 1 Robinson Road •18-00, AIA Tower, Singapore
      439 words
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      1188 6 M THE MATTER OF THE COMPANIES ACT, CAP. SO and M THE MATTER OF DEUTSCHE MORGAN GRENFELL DEVELOPMENT CAPITAL 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 20 Raffles Place •24-08. Ocean
      1,188 words
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      558 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND MTHE MATTER OF IST ANA MUSIC PUBUSHMG (S) PTE LTD (In MwOot' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 2-5-10 Toranomon, Mmatu-ku. Tokyo. Japan on
      558 words
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      394 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PONYCANYON ENTERTAINMENT (S) PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 2-5-10 Toranomon. Minatu-ku. Tokyo. Japan on the
      394 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China banks told to slow sales of T-bills to stretch out supply
      438 7 BEIJING Expectations of interest rate cut spark stampede for 125b yuan in bonds Reuters ALARMED by a public stampede for this year's treasury bond issue, China has ordered banks to slow sales of the first 125 billion yuan
      Reuters  -  438 words
    • Article
      Lock icon China braces for Asean competition in exports
      305 7 HONGKONG Bridge News CHINA is increasing its support for machinery and electronic exports as part of its strategy' to beat an anticipated export slump brought on by competition from Asian nations whose currencies have devalued, economists have said. "That is the area that
      Bridge News  -  305 words
    • Article, Illustration
      Lock icon HK's first post-colonial polls get underway
      203 7 HONGKONG HONGKONG began the long process of its first post-colo-nial election yesterday, with a small group of special voters casting ballots for an 800member election committee. The committee will in turn elect 10 deputies to a new 60-seat legislature on May 24, when Hongkong
      REUTERS  -  203 words
    • Article
      Lock icon Zhu marks int'l debut in London with confidence
      426 7 LONDON China premier vows not to devalue yuan or abandon troubled Asian neighbours Reuters CHINESE Premier Zhu Rongji made a self-confident international debut on Wednesday, ignoring interruptions by pro-Tibet protesters and vowing not to devalue the yuan or to abandon his crisis-hit
      Reuters  -  426 words
    • Article
      Lock icon Graft to get worse with Beijing cuts?
      218 7 BEIJING Reuters CHINA'S government downsizing could spawn widespread corruption without laws to stop officials from cashing in on their connections when they leave, a Communist Party watchdog body said yesterday. "Officials who lose their jobs have a clear advantage: they possess power as
      Reuters  -  218 words
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  • ASIA
    • Article
      Lock icon NZ govt fails to get vote for referendum on Auckland assets
      361 8 WELLINGTON Reuters NEW Zealand's centre-right coalition government yesterday suffered its first defeat in a vote in parliament over a plan to set up a referendum on the future of NZ$l.B billion (Ssl.6 billion) of Auckland's infrastructure assets. The government
      Reuters  -  361 words
    • Article
      Lock icon Japan firms set to slash output, wages and hiring
      466 8 TOKYO Managers see little hope of turnaround before June, tankan survey shows Bloomberg, AFP THE influential tankan survey released yesterday shows corporate heavyweights ready to slash output, wages and hiring as they watch sales stagnate at home and exports to Asia
      Bloomberg,; AFP  -  466 words
    • Article
      Lock icon Tokyo lawmaker evaded taxes: reports
      148 8 TOKYO AFP JAPAN'S top economic planner has been forced to pay an extra seven million yen (5584,990) in taxes after failing to report all his income, reports said yesterday. For three years Koji Omi, the 65-year-old lawmaker and head of the Economic Planning Agency, claimed
      AFP  -  148 words
    • Article
      Lock icon India will not withdraw from WTO, says Vajpayee
      457 8 NEW DELHI He also denies that his BJP coalition plans to tnrn country into Hindu theocracy AFP INDIA'S new Hindu nationalist Prime Minister Atal Behari Vajpayee announced yesterday that the country would not quit the World Trade Organisation (WTO). Mr Vajpayee told
      AFP  -  457 words
    • Article
      Lock icon Indian govt bent on keeping forex market stable
      273 8 NEW DELHI Reuters INDIA'S new finance minister said yesterday that the government was interested in maintaining orderly conditions in the foreign exchange market and wanted no "unnecessary" pressures on the rupee. "We are interested in the maintenance of orderly conditions in the
      Reuters  -  273 words
    • Article, Illustration
      Lock icon Hard to cut farm subsidies: Aussie minister
      285 8 SYDNEY AFP AUSTRALIA'S trade minister warned members of the Cairns Group of agricultural exporting nations yesterday that they would meet stiff resistance to their campaign to abolish subsidies in food trade. Welcoming ministers of the 15-member bloc to Sydney, Mr Fischer, who is
      AFP; REUTERS  -  285 words
    • Article
      Lock icon Kiwis'real estate obsession distorting economy
      452 8 WELLINGTON Property values overvalued: Reserve Bank chief Reuters RESERVE Bank governor Don Brash said yesterday that New Zealanders' "irrational exuberance" for getting into debt in the hope of making money out of non-ex-istent inflation was distorting the economy. In a speech to an agricultural summit,
      Reuters  -  452 words
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      151 8 THE FIRST "ALL-INCLUSIVE" BUSINESS HOTEL IN JAKARTA CROWNE PLAZA's "ALL INCLUSIVE" concept means an end to "EXTRAS" on your bill. One price covers all no matter whether you are a regular customer or just want to try us out. FREE laundry for four items daily, FREE mini bar, FREE cocktails
      151 words
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      27 8 Feeling out of your depth o when it comes to q aquarium care o Keep afloat with Aquariums, every Saturday in The Straits Times O Classified, q
      27 words
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      97 8 Instructed by the Receiver and Manager mandated by the creditor bank to realise The Sh. Sameyeh Re Ltd Collection which includes Museum Level examples, Mr Bruce Granger announces AN IMPORTANT EXTRAORDINARY (RESTRICTED) AUCTION HIGH INTERNATIONAL STANDARD exceptional and rare items very rarely offered in Singapore TRUE PERSIAN CARPETS AND IRANIAN
      97 words
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  • THE WORLD
    • Article
      Lock icon US factory orders down 0.9% in February
      394 9 WASHINGTON Decline reflects lewer demand for aircraft and petroleum products Bloomberg ORDERS placed with the nation's factories declined in February, reflecting weaker demand for aircraft and petroleum products. Factory orders fell 0.9 per cent in February to U*****,838 billion (*****.6 billion) in February,
      Bloomberg  -  394 words
    • Article
      Lock icon UK offers army of innovators to lead new world era
      370 9 LONDON Govt showcases Britiflh creativity in London exhibition Reuters BRITAIN said yesterday that the world was entering "the age of creativity" and vowed to lead it with an army of innovators. "We have been hiding our lights under the bushel
      Reuters  -  370 words
    • Article, Illustration
      Judge throws out Paula Jones case
      529 9  -  LBTTHIFIOM WABHXMGTOM But Clinton's woes are not over if Starr presses on with criminal probe By Leon Hadar WHEN President Clinton's lawyer Robert Bennett phoned Dakar, Senegal on Wednesday and told his client that a judge in Little Rock, Arkansas, had decided to dismiss
      529 words
    • Article
      Lock icon Bundesbank leaves rates unchanged again as forecast
      500 11 FRANKFURT Bat it's seen raising rates before Oct to ease transition to the euro in 1999 Bloomberg THE Bundesbank yesterday left its full set of interest rates unchanged at its policy meeting as slowing inflation allows it to bide its time before plugging
      Bloomberg  -  500 words
    • Article
      Lock icon German court throws out euro challenge
      268 11 BONN Reuters GERMANY'S highest court, in a ruling which clears the last major obstacle to the launch of Europe's single currency, yesterday threw out two petitions seeking to prevent Bonn from signing up. The Federal Constitutional Court in Karlsruhe said the petitions, one of
      Reuters  -  268 words
    • Article, Illustration
      Lock icon Suspended animation
      59 11 [VALENCIA, California] Park visitors on Wednesday riding the "Riddler's Revenge roller-coaster ride at Magic Mountain amusement park in Valencia, California. The park claims that the three-minute ride is the world's tallest and fastest stand-up roller-coaster, reaching speeds of 104 km per hour, and featuring six inversions and a
      REUTERS  -  59 words
    • Article
      Lock icon IMF, US nudge Moscow on reforms
      159 11 WASHINGTON Reuters THE International Monetary Fund (IMF) teamed up with Washington on Wednesday to urge Moscow not to ease the pace of reforms after last week's government change that has raised concern over Russia's economic future. Managing director Michel Camdessus told a conference in
      Reuters  -  159 words
    • Article, Illustration
      Springtime for the delegates?
      679 11  -  EUROPEAN VIEW n,. 1/ rr.. i i Closed-door meetings and petty wrangling* take away any Joy By Kevin Sullivan SPRINGTIME! The clocks moved forward an hour at the weekend, flowers are in bud and the continent basks in balmy breezes. Pity then those bureaucrats and politicians
      679 words
    • Article
      Lock icon Canada not honouring WTO telecoms pact: US
      243 11 WASHINGTON Bloomberg TELECOMMUNICATIONS markets in Canada, Mexico, and Japan still haven't opened up in line with a World Trade Organisation agreement signed last year, said US Trade Representative Charlene Barshefsky. Canada came under US scrutiny for a regulation that prohibits the routing of
      Bloomberg  -  243 words
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      26 9 THE WORLD S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS BAHAMAS JERSEY BRITISH VIRGIN ISLANDS MAURITIUS C AYMAN ISLANDS SEYCHELLES IRFLAND WESTERN SAMOA N www.ocra.com \A
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      179 9 M&gfae&jf■ ••»->, V^p-Mca PH t Jl^^ ink JsE W^. \i r 'A 4iM m i||9 Mm <* xV ■fiL- ~Ha j K|Q|^''AlV'lk *M '*?*':\Y v. I<Fa -Irl i L )^H >.4k-T* *v<* apjKj Hong Leong Finance congratulates Tan Chiang Brother's Marble for creating wonders with marble for over 20 years.
      179 words
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      98 10 A first class telecommunications investment in Singapore. In a host of fields, Singapore leads the way, but no matter how many advancements we make, they are of little use without skilled people. Which is why Cable Wireless is bringing people together from across the region for training at our Asia
      98 words
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      132 11 A little tailoring collars V < "In the t! IK- Mp) o| .1 \\vll 111.1 Jo sill 11. 011.1 l V. 11l t.u sll, )ll|J .(Is, lu < oiiipU-iiKMH tile- t.u e nli.i|H". N.iinm t.u eJ iikii. loi nist.iiu c. JioulJ '1J p< >11 Hr J I >ll.llv. Il« >\\
      132 words
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      Page 11 Advertisements Column 2
      225 11 COURTS (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) I NOTICE OF I EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of the Company will be held at 22 Pandan Road, Singapore *****4 on Wednesday, 29 April 1998 at 11.00 am for the
      225 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      India gains from outsiders forcing change
      772 12  -  THE BOTTOMLDVE OPINION By Dilip Bam The writer is an Indian journalist who contributed this article to BT NOW that the first ever Bharatiya Janata Party (BJP)-led government in India has won its vote of confidence, investors current and potential may be wondering which
      772 words
    • Article
      IN OTHER WORDS
      116 12 This is not something that is a scare tactic. It's a reality.' -William Cohen US defence secretary, on why the US military is setting up a special team to fight potential terrorists bent on using chemical and germ weapons in the US. 'So it is better to
      116 words
    • Article
      A summit with the Europeans
      603 12 EDITORIAL THE second Asia-Europe summit opens in London today to the usual mixture of hype and expectations that generally attends summits these days. But the hard truth is, the European Union (EU) is preoccupied with its own affairs, especially with the coming of the euro
      603 words
    • Article, Illustration
      Lock icon Lesson from Indonesia
      1057 12  -  Asian countries may learn from avoiding Jakarta's likely mistake of dumping free-trade policies By Paul Samuelson The writer is an economist at the Massachusetts Institute of Technology. This commentary first appeared in The Los Angeles Times EXPERIENCE in the 1990s showed that the typical Asian developing nation
      FILE PHOTO  -  1,057 words
    • Article
      WHAT THE OTHERS SAY
      823 12 Movm la rigbt direction THE government moved to act on an important component of the IMF-brokered reform package of Jan 15 when President Suharto instructed Minister of Justice Muladi to draft a new bankruptcy law and the first anti-monopoly law as quickly as possible. They are
      823 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      47 12 By Garry Trudeau ma, i can see HOOJTHAT "T3 ANYONE THINKJNS MIGHT UPSETSOME OFIOU. BUT I TFjj U£ll,UK£.W 2Ei ABOUT CHELSEA WHAT YOUHA\£ 70 REMEMBER. I f U*£ THAT HE WAS PEOPLE ARE SAVINS IS THAT SHE HAS I f LZ up Ml IWHAT*] I PSVtL. J
      47 words
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      186 13 Where to wine, dine and entertain..."t sa- HIM J +*wM ——BM-mbbbm^————— I Liold. Now you can wear il on the inside I cafe 2r£ LtVELI Daily A La-Carte menu. f Western and local <C f favourites chef s I V ff V. Mai jH speciality top selling f I !/Sr
      186 words
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      Page 13 Advertisements Column 2
      152 13 coffee house ■3- It's a Celebration! Delight the kids with a treat >.■ a th B weekend. ImS(L> 7 HIGH TEA Saturday. Sunday Public Holiday Iwy- L WV. f Adult $I.V«M~M l r CMd 5 *•*"<+> MAGIC SHOW I-\er» Nundav [f|Pn J:3opm 4:4opm For reservations, please call 733 2081 ext
      152 words
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      Page 13 Advertisements Column 3
      129 13 I fteoo mem I PAOLO I I l o*> I I PINGS I PASSIONATELY ITALIAN TASTEFULLY CHINESE L V. 731-7*785 j fyiilA Cyiftr+t Cyktok l ?Fm A Pj '1H mH Ci CKo«A#la C^tt Draisea oupenor onarK s MR With Crab Meat (served in ctsypot) Special Salt-Baked King Prawns Red Wine
      129 words
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      Page 13 Advertisements Column 4
      243 13 f Didn't you taw? I read it in &>£ "Mm'. Mtwi ii Sn4if Clmifitd tliti wVni.J t Feast on a tantalising buffet spread at the Nibbles Cafe. II Baked Easter Lamb, Succulent Slipper Lobsters, Tandoori Salmon Crabmeat Fried Rice, Hot Cross Buns and many morel Vjp&l Plus, Easter Eggs will
      243 words
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      Page 13 Advertisements Column 5
      74 13 Mandarin Singapore "SS: z*z 5B Riesling Grand Cru Kirtcbberg 19%, A fj Vineyard SnaiL d Frogltg* with Beer oAlsace We bring you the wine cuisine of Alsace. 27 March 8 April Bon Appet it I Please call 831 6258/9 for reservations. h<>~ Sp.n*.r,: ovnmimvam* .rMzri n.n rwiif KLIPFCL KSTAUIANT SaWmollv
      74 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      654 13 TV&BADIO Prmlwiia 5,30 Real Adventures of 4-00 TV Innovations. 2.30 PM TV Innovations. Jonny Quest. 4.00 Kidz Blitz. Alf Talss I. News 5 Today followed 4.30 Lassies Rescue Rang- by Wheel of Fortune. 9.00 AMCDIS. MMBBflflttp ers «lM The Pyramid Game. 10.00 TV Shopping Network. 7 JflP 5.00 Bimble s
      654 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      302 13 CRYPTIC CROSSWORD 1 An isolated community lives without scandal (9) 10 Bad accident caused by many LbJ LJ L|^L; a mum in drink (5-2) 11 Do the crossword again for 8 ■■"■Hi 12 Plain-spoken with depressed 14 A pen responsible for the big 15 I I I |16 H |H
      302 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon EI: a different way of being smart
      1162 14  -  Bestselling author Daniel Goleman tells vikram khamma why emotional intelligence is essential in today's competitive world VIKRAM KHANNA IN REAL life, how well you did in school or on the university entrance exam matters less than how you manage yourself and your relationships.
      ARTHUR LEE  -  1,162 words
    • Article
      Harmony over truth led to Asia's downfall: Goleman
      726 14 APART from emotional intelligence, which focuses mainly on the behaviour of individuals, Mr Goleman has done much research on what he calls group dynamics the way individuals behave when they operate in teams. In one of his lesser-known books, V tal Lies,
      726 words
    • Article, Illustration
      Lock icon Red hot Chile player
      81 14 [SANTIAGO] Chilean President Eduardo Frei (left) and the country's tennis ace Marcelo Rios standing on the balcony of the presidential palace of La Moneda in Santiago on Wednesday. Thousands of fans gathered to salute Rios, who is now ranked No I in the world following his
      AFP  -  81 words
    • Article
      Lock icon A killer's work on display—on canvas
      445 14 A killer's work on display —on canvas ART Inmates'artworks get an airing at an annual show in US LATWP [ALBANY, New York] Long Island serial killer Joel Rifkin, who once shocked the public with confessions of 17 murders, is now raising a few eyebrows with artwork on display in the
      LATWP  -  445 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      149 14 'I'm WEATHER Tr~ Partly cloudy. Temperature(3o-25) iMadh "HVLo* Goat Efi>i HVL«* CtmL WVo* OMi. AirUud lft 13 dood> Anferdu) 12.DT Arrwpn Hun** Km &'ll sunm Baitfc* cloudy Mkm l&'ll doody -/11 BW doo* Bfrti ***** *owen Brnnbay 37/24 doody Boh IVW7 shower* V™ J 4 Bruaei Jt2s hazy OJ/OO ran
      149 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Permasteelisa confident of strong earnings in near term
      503 15  -  Order books healthy and it is preparing to bid for another $200m«f projects By Ven Sreenivasan [SINGAPORE] Recentlylisted curtainwall specialist Permasteelisa Pacific says its current order books are strong enough to fuel earnings growth for the next two years. And it expects
      503 words
    • Article
      Lock icon SES probing STII's rally before close
      305 15 Reuters [SINGAPORE] The Stock Exchange of Singapore (SES) said yesterday it is investigating why the Straits Times Industrials Index (STII) rallied sharply immediately before the market closed the previous day. "We will be looking into this," a spokeswoman for the SES told Reuters in
      Reuters  -  305 words
    • Article, Illustration
      Lock icon Li Xin is most heavily traded counter
      194 15  -  By, Annette Pau [SINGAPORE] Plastics injection moulding firm Li Xin Industries was the most heavily traded counter in debut trading yesterday, closing at 30 cents, up one cent from its offer price. Some 31.3 million shares were traded throughout the day, with the
      Source: Bloomberg  -  194 words
    • Article
      Veil has to be lifted before Kepbank-Tat Lee marriage
      727 15  -  HOCK LOCK SIEW Lee Han Shih THE merger of Keppel Bank and Tat Lee Bank has been real smooth. Tat Lee, the junior party in the deal, has made no public statement since the surprised merger was announced on Jan 12.
      727 words
    • Article, Illustration
      Ho Ching to step down as ST Aero chief
      153 15 {SINGAPORE] Singapore Technologies Pte Ltd (STPL) president Ho Ching will step down as chairman of Singapore Technologies Aerospace on April 15. She will be replaced by ST Aerospace deputy chairman Lim Chin Beng, said Singapore Technologies Engineering yesterday. The listed company
      153 words
    • Article
      Vickers to take 35% stake in KL stockbroker
      369 15  -  acquisition tocostßMlSOm By, Audrey Tan [SINGAPORE] Vickers Ballas is continuing on its acquisition trail this time taking a 35 per cent stake in Malaysian stockbroker Malpac Land for 150 million Malaysian ringgit (5J64.8 million) in cash. The investment in 150 million new
      369 words
    • COMPANIES
      • Article, Illustration
        SC probes Ekran Over rights issue
        359 16  -  Watchdog body not satisfied with reply on what company did with RMl.47b raised Eddie Toh rtft Kuala Lumpur THE Securities Commission :has launched a probe into Ekran Bhd over the 1.47 billion (5J635.5 million) the company raised from a rights -issue last year. The
        359 words
      • Article, Illustration
        Lock icon Sesdaq-bound Tai Sin eyes overseas markets
        343 16  -  MD says coming IPO small but a first step towards expansion By David Boey [SINGAPORE] Sometime in the next few weeks, Tai Sin Electric Cables Manufacturer will make what it describes as "one of the smallest initial public offers" on the Stock Exchange of
        CHRIS LOH  -  343 words
      • Article
        Moody's slaps lowest rating on RHB Bank citing merger fears
        567 16  -  Agency concerned about capital needed for Sime Bank onion By\ Meera Tharmaratnam in Kuala Lumpur MOODY'S Investors Service yesterday slapped RHB Bank with an E+ rating, citing fears that future bank mergers were likely to impair the bank's asset quality.
        567 words
      • Article
        Lock icon Mitrajaya expects return of ex-director
        151 16 Bernama [PETALING JAYAJ Mitrajaya Holdings Bhd, which is involved in the construction and property development sector, is expecting the return of Samsudin Abu Hassan as a member of its board of directors, said managing director Tan Eng Piow. Mr Samsudin, a prominent Malaysian businessman who
        Bernama  -  151 words
      • Article
        No regrets for conservative stance
        179 16  -  LERER TO THE EDITOR Gerry de Silva I REFER to your article headlined "City Developments profit falls 24% to $409 million" (BT, March 31). Your writer wrote that although CityDev only secured one site out of its seven bids for government sites last year, "the
        179 words
      • Article
        Globe denies takeover of rival telecom firm
        376 16  -  From, Al Labita 'in Manila GLOBE Telecom, a listed Singapore Telecom-Ayala Corp tie-up, yesterday denied ruJmours that it was taking over fe rival telecommunications firm. The company is said to be uiterested in a 60 per cent ptake in Islacom, one of nine
        376 words
      • Article
        Lock icon Tanjong's pre-tax up 29% on RM1.7b turnover
        226 16 Bernama [KUALA LUMPUR] Gamlngbased Tanjong pic's group pre-tax profit for the year ended Jan 31 rose 29 per cent to 327.5 million Malaysian rlnggit (*****.6 million) from RM253.4 million in the previous year. It recorded a rise in group operating pre-tax profit of
        Bernama  -  226 words
      • Article
        Lock icon Latest Rolls may find few takers in HK
        173 16 Reuters [HONGKONG] Rolls-Royce unveiled a dazzling new car for Asia's millionaires yesterday, but this city with the highest ownership of the luxury brand may be slow on the uptake. Millionaires are feeling the pinch these days. The sleek Silver Seraph is the
        Reuters  -  173 words
      • COMPANY Briefs
        • Article
          KL insider trading law covers
          57 16 [KUALA LUMPUR] in response to a BT query, the Securities OsirniisstonsaMajanmalistooiild be eharpd insider trading if be someone whom he knows would trade using that informs tkm. The SC said; ''A person would be committing an OBence n ne rnmnmntcMW UiiMißßWwiw Malaysia's mhiiiHlss watchdog uncalled
          57 words
        • Article
          Pamtal ups stake in Asia
          23 16 1 11 mil iiunnimiT «i>w imit u> 2048 It had, through PantaiHaatttwMißaylßttU 70,000 aharwtnth® open mart* at afcoottlJ®
          23 words
        • Article
          Thakral's
          5 16 wSEof th> In miliwnK|B>g
          5 words
        • Article
          Star
          9 16 >^wS^^^^K grSßiMio listed OB hs» share capital •< r
          9 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Intel unveils Pentium II chip for mobile PCs
        537 17 Also to be launched: laptops using chip, with some going below US$3,OOO Reuters [SAN FRANCISCO] Intel Corp said it was to launch yesterday a new Pentium II processor, targeted at the mobile computing market. A host of laptops using the chip was
        Reuters  -  537 words
      • Article, Illustration
        Lock icon Asian impact on Siemens worse than expected
        470 17 German group may not meet 1998 target, says chief FT [LONDON] Siemens, the German electrical and electronic engineering group, has been hit harder than expected by the Asian crisis, according to chief executive Heinrich von Pierer. Speaking in a Financial Times interview on
        FT; FILE PHOTO  -  470 words
      • Article
        Lock icon Top two Japan gas makers in tie-up
        226 17 AFP [TOKYO] Japan's two biggest industrial gas producers Nippon Sanso Corp and Daido Hoxan Inc said yesterday they had agreed to a broad cost-saving tie-up to survive against growing foreign competition. The partnership will cover all areas, except sales, and is designed to
        AFP  -  226 words
      • Article
        Lock icon Sony posting record profit and sales
        405 17 Bloomberg tTOKYO] Sony Corp earned a record profit on record sales for a second year running in the 12 months just ended, yet the year ahead will be "very severe", said president Nobuyuki Idei. The world's second largest maker of audio-visual equipment will meet
        Bloomberg  -  405 words
      • Article
        Lock icon Wells sues Merrill, alleges poaching
        338 17 Bloomberg [LOS ANGELES] Wells Fargo Co's brokerage unit sued Merrill Lynch Co. accusing its rival of running a campaign to recruit its top producers and learn the names of clients with billions of dollars in investment accounts. Wells filed suit on Monday in Los Angeles
        Bloomberg  -  338 words
      • Article
        Lock icon Tokyo bourse launches 6 new indices
        372 17 Grouping based on capitalisation and liquidity Bloomberg [TOKYO] The Tokyo Stock Exchange started six new indices yesterday aimed at helping investors compare Japanese stock movements with popular overseas benchmarks like the Dow Jones Industrial Average and Standard Poor's in the US, FTSE in the
        Bloomberg  -  372 words
      • Article, Illustration
        Lock icon Happy partnership
        54 17 [LONDON] Malaysian Prime Minister Mahathir Mohamad (left) laughs with Harrod'sproprietor Mohamed Al-Fayed on' Wednesday during a news briefing at the London store. Dr Mahathir and Mr Al-Fayed signed a trade agreement which will allow the world famous Harrod's to form a closer working relationship with Malaysian companies, including
        AFP  -  54 words
      • Article
        Lock icon ICI sells silica unit to WR Grace
        276 17 US company to pay USs46sm cash for Crosfield Group Bloomberg [LONDON] Imperial Chemical Industries pic agreed to sell Crosfield Group to W R Grace Co for US$455 million (*****.5 million) in cash, ICl's third transaction in two weeks as it transforms itself into
        Bloomberg  -  276 words
      • Article
        Lock icon More Fujitsu flash memory chips: report
        234 17 AFP [TOKYO] Japan's computer giant Fujitsu Ltd will invest 50 billion yen (Ss6o6 million) in 1999 to boost its output of flash memory chips, a business daily said yesterday. Fujitsu aims to push up profits in its microchip business by allocating more resources to
        AFP  -  234 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Ex-Salomon banker faces insider trading charges
        477 18 5 others also accused of making US$LBm in illegal profits from WorldCom-MCI deal Bloomberg [WASHINGTON] A former Salomon Smith Barney Inc banker and five others have been charged by regulators with making US$l.B million (552.9 million) in illegal profits from insider trading related to
        Bloomberg  -  477 words
      • Article, Illustration
        Lock icon Commerzbank vows to double profit by 2000
        411 18 Bank hit by Asian provisions bnt easing of crisis will help, says chairman Reuters [FRANKFURT] Commerzbank AG, Germany's thirdlargest commercial bank, said it saw scope for higher 1998 earnings and vowed to double its net profit by the year 2000. The easing of
        Reuters; REUTERS  -  411 words
      • Article
        Lock icon Suit to block sale of Sumitomo California
        204 18 Bloomberg [SAN FRANCISCO] A Sumitomo Bank of California shareholder sued the company and its directors in an effort to stop Zions Bancorp's purchase of the company for about US$546 million (*****.6 million), or 38«/« a share. Krislov Associates Ltd of Chicago, which has
        Bloomberg  -  204 words
      • Article
        Lock icon NAB expands US mortgage unit, does deal with Banc One
        316 18 Reuters [MELBOURNE] National Australia Bank (NAB) expanded its US mortgage unit Home Side Lending yesterday, forging an alliance with Banc One Corp's mortgage division. NAB said Home Side struck a deal to buy the mortgage servicing assets of Banc One
        Reuters  -  316 words
      • Article
        Lock icon US banks charging more for ATM use
        275 18 Study shows big banks are levying higher fees Reuters [WASHINGTON] Most of the banks in the US are levying additional charges on customers who use their automated teller machines, according to a study released on Wednesday by a non-profit consumer group. The US
        Reuters  -  275 words
      • Article
        Lock icon Euroyen lower on bleak outlook
        203 18 SOSEXReport Reuters [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures fell yesterday as the Japanese cash bond prices were hit by a falling yen and a bleak economic outlook. The Bank of Japan's quarterly tankan survey showed that business confidence had plunged in March
        Reuters  -  203 words
      • Article
        US ruling on dumping fails to dent futures
        174 18  -  MSCI TAIWAN FUTURES Charlie Kuo Charlie Kuo, service dealer, Refco Singapore Pte Ltd. [SINGAPORE] The Simex MSCI Taiwan stock Index futures contract finished unchanged despite a US ruling on dumping practices by Taiwan chip-makers. Investors downplayed the impact of a possible penalty
        174 words
      • Article
        Lock icon Oil prices seen settling in new range
        286 18 ENERGY REPORT Reuters tLONDON] World oil prices firmed yesterday in a corrective bounce after sharp losses in the immediate aftermath of Opec's deal to cut output. But traders said turbulence, in the wake of a pact to trim more than 2 per cent
        Reuters  -  286 words
      • Article, Illustration
        Untitled
        939 18 IMTBUAWCIOWIATM Apr2 CMM 0.®4 0.171 OJB 0.741 0223 0.934 4.757 UN 0.W 1704 1452 0229 1)44 44N 0.(94 0407 0.105 1942 4.909 1072 1120 ECU 1441 1523 1917 1441 MM 1124 4L4I4 9L440 L434 8.194 4090 1957 ***** 4L0K L749 1414 1440 ********** IMS 1074 Frac* 1244 1220 1337 ISO
        939 words
      • Article
        Lock icon CURRENCY REPORT
        276 18 Reuters, AFP MOUNTING pessimism over Japan's economic prospects and the removal of the last obstacle on the road to European monetary union boosted the dollar for much of the European session yesterday, dealers said. The bleak picture painted by the Bank of Japan's quarterly tankan survey pushed the
        Reuters,; AFP  -  276 words
    • COMMODITY PRICES
      • Article
        Untitled
        1547 19 fHMHHHHHBHBHHHMMNMHHRHMHHMMNMMMKNNMNMNMMMNMMNMNMMMfcMMMIMMRMNMIIMttMIWIMINMMMNWMNMR 8IC0M FUTURES Apr 2 RIMER (Mm* data* at UOja) ISSICONTIACTttcMtsta) CtOM VotWM Opaa Meatt Hjph Law Satt (toaaat) totarast Hay 91 119.00 115.50 116.00 400 2450 Jan 98 119.25 3150 JHH 125.25 *65 Aap 98 125.25 *65 aN 125.25 1665 Dac 98 131.00 4950 Jut/Mar 99 135.75 975 Apr/Jan
        1,547 words
      • Article
        Lock icon TOKYO
        1636 19 AFP Q Nikkei 225 -S3B.W JAPAN'S share prices took their biggest tumble of the year yesterday as business confidence soured, with analysts warning foreign investors were pulling out of the world's second largest economy. Tokyo's stock market fell heavily in late trade before recovering slightly to close down 538.76
        AFP  -  1,636 words
      • Article
        WORLD STOCK MARKETS
        2181 19 LQNMN Mmtriab jjrt ta *h 31 Group 585.000 -9.400 AB Ports 377.000 -1.000 AbOey National 1223.000 31.390 AMed Domocq 596.000 -3.000 A mac 157.000 -3.000 A«U Croup 205.000 3.000 BAT Ind 572.400 -28.600 BG Pk 313.400 1.000 BtCC 150.000 unch BOC Group 921.000 -15.000 BR Petroleum 875.400
        2,181 words
    • Article, Illustration
      Lock icon HONGKONG
      1528 20 Reuters P&utfSeng -14L71 STOCKS recovered some of their losses but were still sharply lower at the close yesterday with sentiment hit by hefty losses on Japanese stocks and the weak yen, brokers said. The Hang Seng Index fell 141.71 points, or 1.25 per cent, to close at 11,189.71 after
      Reuters  -  1,528 words
    • Article, Illustration
      Lock icon CHINA
      607 20 Reuters nShemhenß Index -L4B CHINA'S hard currency B shares closed sharply lower yesterday as confidence was shaken by concerns over corporate profits and the market's inability to halt its string of declines, brokers said. "Market sentiment remains bearish," a Shanghai-based broker with Shenyin Wanguo Securities said. "Both domestic and
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  607 words
    • Article
      Lock icon TAIPEI
      351 20 AFP QWFbfcx -28.40 THE Taiwan stock market dipped 0.3 per cent yesterday on strong selling of technology issues, following a US move to impose anti-dumping duties on some computer chip makers, dealers said. The International Trade Commission of the United States has ruled that imports of static random access
      AFP  -  351 words
    • Article
      Lock icon WELLINGTON
      262 20 AFP |3 Wellington -1751 THE sharemarket, already concerned about a sliding kiwi dollar, became unnerved yesterday afternoon and closed down 0.8 per cent. The NZSE-40 Index lost 17.51 points to 2,315.21 with Telecom Corp closing at NZ$B.75, a loss of 12 cents. Turnover was worth NZ$92 million. —AFP »i
      AFP  -  262 words
    • Article, Illustration
      Lock icon BANGKOK
      818 20 AFP n SET Mat -2M THE Thai sharemarket slipped 0.6 per cent at the close yesterday in quiet trade as investors backed out of large capitalisation stocks amid worries over earnings and interest rates, analysts said. Analysts said falls on regional markets and expectations of a rise in bank
      AFP  -  818 words
    • Article
      Lock icon SEOUL
      414 20 AFP POwnpoßtehiei -1451 SHARE prices tumbled 3.1 per cent on the Korea Stock Exchange yesterday with LG Electronics leading steep falls in large-caps after poor results from US subsidiary Zenith, dealers said. The steep downturn in LG Electronics hit the wider market, Kyobo Securities dealer Choi Sung Ho said.
      AFP  -  414 words
    • Article
      Lock icon SYDNEY
      608 20 AFP WADOrfaariai 41 SHARE prices closed 0.1 per cent higher yesterday, but early gains were sapped by falls in the Japanese market, brokers said. The All Ordinaries Index, gained 4.1 points to 2,757. National turnover totalled 326.72 million shares worth AJ1.07 billion. The All Industrials Index was 10.2 points
      AFP  -  608 words
    • Article, Illustration
      Lock icon JAKARTA
      684 20 AFP P Composite Index -7.55 SHARES closed 1.4 per cent lower yesterday amid concerns over higher interest rates as the government fights rising inflation, dealers said. They said investors were also staying on the sideline awaiting the outcome of talks between the Indonesian government and the International Monetary Fund.
      AFP  -  684 words
    • Article
      Lock icon MANILA
      314 20 AFP Q Manila -3537 PHILIPPINE share prices closed 1.6 per cent lower yesterday due to the continuing weakness of the local currency, the approach of Easter holidays and the need for funds for income tax payments. The Composite Index fell 35.37 points to 2,174 points. Turnover rose to 1.21
      AFP  -  314 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Market tumbles below key 700 level
        360 21 AFP THE key stock index ended 2.3 per cent lower yesterday weighed down by fears of more corporate failures and concerns over the health of the banking sector. The Composite Index fell 15.78 points to below the psychological level of 700 points ending at
        AFP  -  360 words
      • Article
        Untitled
        8688 21 womum i Cmmrmt products Lest Vol Day H«t Cm K" film *000 Mm> Low P/I 310 180 Ajmomoto 270 -14 9 109.4 148 73 Angkasa 101 -9 74 110 100 2.3 148.9 290 123 ApoMo Food Hlg 195 -10 3 200 195 5.7 78.0 388 190 Ber|ayeLand 364 -12 127
        8,688 words
    • WARRANTS & OPTIONS
      • Article
        TL Bank WOO looks promising
        183 22  -  WARRANT WATCH men -By R Sivanithy IN our column yesterday, we featured the highly-geared warrant issued by Tat Lee Bank which expires in a few months. The conclusion then was that this was a relatively high-risk instrument because of the limited time left to enjoy
        183 words
      • Article
        Untitled
        3596 22 BOMM, LOANS I WAJtKAMTS wt 1998 Last Vol Day Last Ouott Ay* High Law StM Company Sal* *ar- COOO) High Lao Buyar SaHar Prtca 23 5 9 m 3000 m AM06 C5-5H*****6 .18 20.5 8 3160 "Acar ******1USS V4 -1 31 14.5 14 13.5 14.5 95 8.5 3164 Acma ******4
        3,596 words
    • Article
      CLOB INTERNATIONAL
      2254 22 Transaction date Apr 2 I Gr Or t* Last Val Day Last Ouott Dk Ml YN W M Cap Hm» Lrnm Sine Cawpny im rOOO) Mmi L— Bwyar u—r Cw P/E 135 28 mtSOOO AIS850C 89 -3 939 94 85 88.5 90 5.0 33 12 362 91.3 65.5
      2,254 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      5578 23 Tr.uis.irt ion d.iTc Apt 2 j Or Or H wt 1996 Last Vol Day Loot Oaota W» Mv YM M£ Cap Avg H» f WK Cinny l«H rOOO) HM> U» Payor Cw pft 43 18.5 1020 ACE Dynanlc»40c.. 35 -0.5 203 363 34.5 34.5
      5,578 words
    • Article
      SESDAQ
      1087 23 Or Of M Wt KM Laat Val Day Last Omte 01* ONr YM Nat Cap A vp HHP Law 6tNa ClUiy t«H COOP) t— Nayar WUr Cw P/l I— Prtc» 134 M 2000 AON MdptSc M unch S1WIM 96 115 51.6 116 243 70 204* ASAutotOc 200 uncft 302
      1,087 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        211 24 Stacks Htmm uxmioc 31,314,000 •Uniptioenix 19,695,000 Easyfcnit HKKk 17,988,000 SingTel 15c 13,757,000 'Renong BM 50c 13,482,000 •M Resources 11,356,000 •Refcapacific Bh 10,938,000 •fufc Bfc Foreign 9,145,000 *M8f Capital 9,093,000 IPC Corpn 5c 8,928,000 Stwfa SingTel 15c 37,882,954 SJA Foreign 30,727,218 SPH 19,820,499 City Dev 50c 15,294,997 DBS Foreign R587,021 OCBC
        211 words
      • Article, Illustration
        HOT STOCK
        65 24  -  ■by\ Shiv Taneja PUBLIC BANK BHD'S foreign tranche closed three-and-a -half cents lower yesterday at 90 cents on a volume of 9.145 million shares, compared with Its 10-day traded average of 9.38 million shares. The daily and weekly RSI and stochastics indicate that there Is more downside in
        65 words
      • Article, Illustration
        Market retreats further as Nikkei plunge adds to woes
        643 24  -  STOCK MARKET COMMENTARY Weakness in regional currencies continues to take its toll as STII and KLCI lose grip on key support levels By R Sivanithy [SINGAPORE) A 538-point or 3.3 per cent coUapse in Japan's Nikkei 225 Average and weakness in
        643 words
      • ON THE GRAPEVINE
        • Article
          How security becomes serious affair
          104 24 SOME companies adopt security for their computer systems for die strangest of reasons. Bill Hancock, a computer security expert who spoke yesterday at the computer networking show, Networld+lnterop, related how the senior management of a US food company Initially refused to grant money to make
          104 words
        • Article
          Bean for hire
          96 24 WE hope it has nothing to do with the current economic situation, but an owner of a top-end Lotus Esprit (estimated price $390,000 new) has advertised to rent his beau out for 1900 a day, or $1,400f0r two days. The 35-year-old owner was quoted as saying: "I
          96 words
        • Article
          Rechristening of an HSBC arm
          72 24 WORD on the street has it that HSBC James Capel will soon spent a new image. The securities firm is to be rechristened HSBC Securities in line with a world-wide revamp of the Hong Kong and Shanghai Banking Corporation's business arms. According to an internal
          72 words
        • Article
          'Lucky night' down to two
          154 24 STILL on changes, this time on the job front We understand that a largi, well-regarded securities firm that will soon undergo a name change—we wont mention which one—has loet almoet its entire team of stock-watcher*. Once boasting a lucky eight analysts, this firm is down
          154 words
        • Article
          Recession feel,anyone
          71 24 FORECASTS bythe Government and university economists say there will be slower economic growth in Mnpporetfafe year due to the regional financial crisis. But a recession, defined as two consecutive quarters cfdecUm in the gross national product, is generally ralad out Not this nMderate-prloe restaurant ataeidelansoff Orchard Road, however.
          71 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      39 15 r; T'fv* i Hard to ignore the sweet sound of success You've arrived. You're at your prime. It's time to get what's due. [Mey-davidsonl SOLE AUTHORISED DEALER: HARLEY-DAVIDSON OF SINGAPOREII994> PTE LTD 2bb ALEXANDRA ROAD TEL 475 012 FAX
      39 words
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      Page 16 Advertisements Column 1
      165 16 9 PERSIAN CARPET BANKRUPTCY AUCTION I SUNDAYS 5 APRIL AT 11 AM I A HIGHLY IMPORTANT* I INTERNATIONAL LIQUIDATION AUCTION lIK.il M l I \R I I VI 111 \ssl ISOI INsOl I \I OMI'AM BIIK.IIN \l II OMR X< II I) PRIX XII o\|\||ss|o\\ XR I XXI XI I
      165 words
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      Page 16 Advertisements Column 2
      88 16 </> WITH A DIFFERENCE We octualy measured our rooms q ond discovered that ours q probatyom of Iho most spocious you lgetat to make it an even better offer, we compfiment itwrth: Welcome Drink Coffee/Tea making fodftes P 24 Hours irrtouse video Newspaper Swvnmeig Pool usage Sukjectlolo%sar«cedaye, 1 cess 3%
      88 words
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      Page 17 Advertisements Column 1
      110 17 rtV BOLD/PFEIL GERMANY rjm !»t :ril n n 111 II I I Bfcav H -w i V I i The Voyage Collection is made of an extremely durable < and practical, high-quality twilled nylon fabric. The leather edging is in finest leather with a vertical grain. The strap is I
      110 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      69 20 cau!ng'about\ 5ee...1 told\ f The card we're\ i the computer you this was a I I for Susnn 1 I advertised in J /^T^Ns V^g ood deal. Yup, we got what Vis going to be J Straits TimesJ f. J* fwe wanted because real nice! of^ d i n c
      69 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      649 24 BUSINESS Notices To advertise call toll-free 1800-*****83 AURIC PACIFIC GROUP LIMITED NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Eleventh Annual General Meeting of Auric Pacific Group Limited will be held at The Executives' Club, 65 Chulia Street, 33rd Floor, OCBC Centre, Singapore *****3 on Thursday, 23
      649 words
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      Page 24 Advertisements Column 2
      488 24 M THE MATTER OF THE COM PAMES ACT. CAP. SO AND M THE MATTER OF CSC ELECTROMCS (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of tha members of the abovenamed Company duty convanad and held at Block 406 Sin Ming Avanua #06-253.
      488 words
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      Page 24 Advertisements Column 3
      404 24 IN THE SUPREME COURT OF THE REPUBLIC Of SINGAPORE COMPANIES WINDING-UP NO. 223 OF 1997 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF TUNAS AGROTAMA PTE LTD ADVERTISEMENT OF APPOINTMENT OF LIQUIDATOR By order of the High Court, dated the 26th September 1997, Mr
      404 words
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      Page 24 Advertisements Column 4
      422 24 THE STRAITS TIMES CLASSIFIED fek YOUR GUIDE TO MORE PRODUCTS SERVICES IN THE SUPREME COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINDING-UP NO. 224 OF 1997 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF CITRATAMA RESOURCES INTERNATIONAL PTE LTD ADVERTISEMENT OF APPOINTMENT OF LIQUIDATOR
      422 words
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      Page 24 Advertisements Column 5
      305 24 IN THE MATTER OF TIC COMPANIES ACT. CAT. SO AND IN THE MATTE* OF B. H. POH TRADING PTt LTD. (IN VOLUNTARY LIQUIDATION) NfTTirtntifip."""' Al m EMraonhaary Gaaani Mmng of Ac memben at B. H. POH TRADING PTE. LTD.. My held aad coavened a *5. Dokcr Baad. Siagaparr Mil oa
      305 words
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      Page 24 Advertisements Column 6
      347 24 IN THE MATTER OF THE COMPANES ACT, CAP. M AND IN THE MATTER OF EXHICON ASIA PTE LTD NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company held at 7500 A Beach Road #06-309. The Plaza. Singapore *****1 on 30 March 1998 the following resolutions were duly
      347 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      316 25 Bridge News Reuter PANAMAX activity in the Far East picked up, although brokers said levels have softened and vessels in early positions may come under some pressure. They added that there la still a lot of tonnage in the region and several owners are holding out for short
      Bridge News; Reuter  -  316 words
    • Article
      MARITIME STOCKS
      240 25 CWTDtofrlMtan.0.705 -O.OI M ChuaiHup 0.51 -aoi M fnt0 invMtivicfvk 0-^ FrMMUnks 0-125 -0.005 M4 MMMfi 0.34 -OlOI 2 km s«n Hap aw -aoi as HKacMZaaan OM -003 Mi IMC HaMnqt 5.6 JayalHWnaa OS2 -0.04 10 JurangSN*yar4 T M -02 2*2 Mmw4Carp Ut -0.22 607 KappatrnJ 4J2 undt 44
      240 words
    • Article, Illustration
      S'pore still a competitive bunkering centre: Shell
      396 25  -  Tariff levels and quality control allow republic to stand ont from the competition By. Marcus Hand [SINGAPORE] Singapore should remain competitive as a bunkering centre as long as the authorities continue to be responsive to market conditions, according to Andrew Cates, chief executive
      396 words
    • Article
      Lock icon Indon exporters hit by container shortage
      365 25 Lloyd's List [HONGKONG] A drastic shortage of empty containers will soon force Indonesian exporters to take the unusual step of importing empty containers at their own expense, an export association has warned. Indonesia Footwear Association chairman Anton Supit said a number of export as-
      Lloyd's List  -  365 words
    • Article
      'General paramount clause' in charterparty refers to Hague Rules
      766 25  -  ADMIRALTY CASEBOOK By I Selva Kumar AN English court has held that the phrase "general clause paramount" in a time charter agreement did not refer to the Hague-Visby Rules merely because the charter was expressly governed by English law. Instead the
      766 words
    • Article, Illustration
      Lock icon Four marine shows being held together for the first time
      291 25  -  By\ Marcus Hand [SINGAPORE] Boat Asia '98, the region's premier boat show, opened at the World Trade Centre (WTC) here yesterday. For the first time in Singapore, Boat Asia is being held together with the Marine Equipment Trade Show (METS)
      ARTHUR LEE  -  291 words
    • Article, Illustration
      Lock icon Korean shipping industry in treacherous waters
      1057 26 And It Is notjust the Koreans fighting over the scraps In intra-Aslan market Lloyd List Maritime Asia THE Asian crisis is galling to regional shipowners. The shipping industry's hopes for a trans-millennium day in the sun are fading fast. Plans, projects and pbojections have
      Lloyd List Maritime Asia  -  1,057 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      334 26 PAOC ESfUnes M AM. J EtWoptan 6 Accord 8 t £»*«««< Aftrtnktol M M Ap pen ship 5 foonflSw AslaOCL FrpU H Astro 3 frtltata Austral 9 6U(* 4 Avert M Cemartranj BtangHas Genshpg 9 BSA 7 Glory Nav 16 BTL 16 Goodwin
      334 words
    • Article
      SHIPPING GUIDE
      18201 34 thebusinesstimes THEBUSINESSTIMES EXPORT ETA ETA Adv»rtis«r VhiK Voyag* Tal*phon* ETA ETA Adv*rtis*r V*ss*i Voyag* Tatophon* SIN D*st'n Nama Nama Number Number SIN D*st'n Name Htmt NumMr Number A To BUENAVENTURA (BUN) 2059 Colombia To ABIDJAN (ABJ) 2003 04/04 n/gj cians a estoril v.EST04S/c v.wotsb 45-*****3* Ivory Coast, Cote
      18,201 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        620 41 V»»mI Voy No Beth Arrival Paparturt Angtong 2 .3/98 J03 atongsida 02.04/2100 Ark Oudankov 9613 J06 atongsida 03.04/0700 Armada 5 32 JH atongsida 02.04/2100 M Fiskaria Apr2 JO) atongsida 02.04/2359 M Gun Jaya *****1 J01 atongsida 02.04/1600 It Maaoro *****6 J01 atongsida 02.04/1600 It Nurtfiana *****8 J01 alongsida
        620 words
      • Article
        CONTAINER SCHEDULES
        1443 41 mnm or ixfout fcl containers and lcl cargo Poofclnq/lolonco Ritli Ship Voy Mo Etb/ttr Nrtod frw T> Frw Aci if mi 0V0W0 M 02/1500 02/NM 02/1500 OI/IJOO 02/NM 02/NM U 02/"0C 01/0*55 C1/050C 21 32/"oo si/o*5i oi/oioc i ovotoo ww oj,--«oc 4 OVUM ovmm wm Ac* 1m «U
        1,443 words
      • Article
        GLOBAL HOLIDAYS
        202 41 A|rl Hong Kong: Ching Ming Festival. Apr 7 Brunei Hari Raya HaJi. Malaysia: Harl Raya HaJl. AprO Denmark: Maundy Thursday. Mexico: Maundy Thursday. Ayr 10 Australia: Good Friday. Canada: Good Friday. Denmark: Good Friday. Finland: Good Friday. Germany: Good Friday. Hong Kong: Good Friday. Indonesia: Good Friday. Ireland
        202 words
      • Article
        COCKETT BUNKER MARKET REPORT
        881 41 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prlcea shown are baaed on average ilsed stem Market movements are Indicated. The Cockett Bunker Price index change and the
        881 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        355 41 Cortoo WO Mm 9934 2.0 174 0.31 ti 0.09 Mir M DMltv Mtir RmMm AM M—Mm NeMovtUS 12 2 10 0 %HM 3*0 AM MS.) 0J HA 0.04 30 0.02 tat 310 Mu 992.3 0.9 19.9 0.13 M O.Ot mftn %ift %a* mm mm« No Mom
        355 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon SIA passenger load down 9% in Feb
        190 42 AFP [SINGAPORE] Singapore Airlines Ltd (SIA) said yesterday the number of passengers on its flights in February dropped by 9 per cent from a year ago to 875,000. The drop followed a 3.3 pe r cent decline in SIA passengers in January. Its
        AFP  -  190 words
      • Article, Illustration
        Lock icon Bangladesh's third private domestic airline
        46 42 [DHAKA] Bangladesh Civil Aviation Minister Moshartaf Hossain (in black tunic) posing with air hostesses in front ofa Canadian-built De Havilland Dash-8-100 turboprop aircraft of the newly-launched domestic GMG Airlines. The GMG airline is the third private aviation company in Bangladesh. REUTERS
        REUTERS  -  46 words
      • Article
        Lock icon American Airlines orders 8 more Boeing 777s
        361 42 Reuters [FORT WORTH] American Airlines said it was buying eight Boeing 777 aircraft in addition to the 11 it agreed to purchase last year. The airline, a unit of AMR Corp, said in a statement that it was buying eight more of the
        Reuters  -  361 words
      • Article, Illustration
        Lock icon Keen overseas interest likely with China airport policy change
        548 42  -  Bering will allow foreign investors to enter other sectors, join senior m&ngagement From P T Bangsberg in Manila A POLICY change on China's airports is expected to produce a rush of interest from US and European companies that run airports or
        FILE PHOTO  -  548 words
      • Article
        Lock icon Garuda suspends 6 int'l routes
        160 42 AFP [JAKARTA] Flag carrier Garuda Indonesia has temporarily closed six of its international routes following weak market demand, a report said here yesterday. These are flights linking Jakarta to Manila, Bangkok and Canton, and from Medan in North Sumatra to Kuala Lumpur and Singapore, the
        AFP  -  160 words
      • Article
        Lock icon Beijing launches first joint venture to make airplane parts
        344 42 Pratt and Whitney invests more than USs2omin Chengdn facility AFP [BEIJING] China formally launched its first joint venture to make airplane parts yesterday in the south-west-ern province of Sichuan, reports said. Chengdu Aerotech Manufacturing Co Ltd, was put together by US-based
        AFP  -  344 words
      • Article
        Lock icon China Southern positive on domestic market
        443 42 Reuters [HONGKONG] China Southern Airlines Co Ltd said yesterday it expected stronger)demand in the domestic aviation market in line with economic growth in China despite tough market conditions in 1996. "The group expects to continue to face less than favourable market conditions in 1998,"
        Reuters  -  443 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1476 42 cm asm n* rucm no mmm cmm zoos tmnxiwc $0003 1905 ci3S4 0*0 MM $0230 mo CZ35I 2045 $0004 1020 AactariM S0327 0755 KL144 0040 Mfcaa I I CD09| WW ***** 1455 6*974 2005 74 1310 W42 0905 UH 2300 Wff40 mo Aacklaai N***** 2050 U42t5
        1,476 words
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      Page 25 Advertisements Column 1
      21 25 Korean shipping in treacherous waters And it is not just the Koreans Fighting over the scraps in intra-Asian market. Page 2
      21 words
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      Page 25 Advertisements Column 2
      200 25 Foreign interest likely with China's new airport policy Beijing will allow foreign investors to enter other sectors. Back Page f Singapore to Australia Notice to Trade RATE RESTORATION The following Lines have unanimously agreed to implement a rate restoration of US$lOO.OO per 20* Ctr and US$2OO.OO per 40' Ctr with
      200 words
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      Page 26 Advertisements Column 1
      1046 26 I NOrtHAkttKA 1 I gXPOftr I I OTWMPKTOMr/OWS-l 11-MWHltlUWMi.lirtrWU r*SS I visa vor I■■ ma lim ml hm ok nt mcoon' I vot m Ito Iwuwui 1 urntuuu OOaiMBC* MBI4 H/M H/M 17/ M Jl/M 11/ M n/M TJ/* M 5 OOaiMUM ISBIS I H/M M/M M/M H/M H/lM M/M
      1,046 words
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      Page 26 Advertisements Column 2
      553 26 Line 4 9efv,ces represented Merr r s °< tfw Registry o< Sngapore FrwgN Rjrwwders Accredited Shippng Agents, OUV Assodatwr *jJS Singapore Shipping Asaoaation Send out 48,000 l Ml Place an ad in... Shippingtimes Jurt Ulfc to Iris Dm 740 2044 JtrrodLtooq *****09 EXPORT 33t Japan -2x Hongkong •1 Mania -1
      553 words
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      Page 27 Advertisements Column 1
      1052 27 TO EUROPE FROM EUROPE VKS& VOY SM RTM ANR HAM RtV SOU EXT LEH VESSEL VOY RTM AND HAM MV SOU fXT UN SM Aft ALMANDINE SIM 02/04 25/04 22/04 23/04 20/04 ACAfUCO 4111 14/0311/03 12/03 09/03 02/04 MAAS 1138 03/04 19/04 21/04 24/04 25/04 HY GENERAL 4111U/03 14/03 16/03
      1,052 words
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      Page 27 Advertisements Column 2
      1652 27 I HANJIN SHIPPING HANJIN SWWNG (S) m ITO hn* hgnpi can KXXING 37W73S 737 SALfS 37M774 731 DOCUMENT *****71 774 OKMMMS 77*0741 75? HMD UK *****55 MI 777**0 aNO **********0 M I TO NW USA CANADA USA CANADA* HMVU/VOY IAM I 51 UNI HMA/VOT 1 «A HW|D«|H>»|(H MS> WT DT!
      1,652 words
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      Page 27 Advertisements Column 3
      181 27 ORIENT EXPRESS UNES (U.K.) LIMITED 5 iPJ. (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VESSEL VOY SINGAPORE IQMIAY VESSEL VOY IQMIAY SINGAPORE OOCL ADMIRAL 015 04/04 11/04 KEDAH 013 22/03 07/04 KEDAH 014 07/04 14/04 LEERORT 311 25/03 09/04 LEERORT 312 09/04 17/04 ALBERT BRIDGE 013 29/03 11/04
      181 words
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      Page 28 Advertisements Column 1
      1658 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITCRRANEANCANAD A Vt»l VOV mT* LEH HTM I MIR HAM IoRV FU VESSEL VOY SM JED «T KR» »C Ml TRADE ETERNITY WOOl 7 03 04 24 M 25 04 23 04 24 M 2*14 WASHINGTON SEN WMOI7 MM 17 04 23 M 20
      1,658 words
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      Page 28 Advertisements Column 2
      1378 28 MY Internet Web Site http: //www.yml.com tw i§> igUAAif ift *>* *q Em Addr c ohp72oym t:omtw rw,a WEKLY tmwboay/SUNOA «S«l VOY SIN CMS RTM HAM FXT LEH ANR MING WEST JBI3W 05/04 22/04 24/04 25/04 27/04 MING GLORY AOI4W 10/04 14AM 02/05 30/04 29/04 NUMBER BRIOGE i JBI4W 12/04
      1,378 words
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      Page 28 Advertisements Column 3
      542 28 LINE TlLi 2M3456 PAXs *****11 j MUARA |LABUAN VISSIL VOY ITD ITA VKSfI VOT ETt ttt SfOtl MUARA SPOtf UN i raosrai vo*/9i m/m m/m i rtosw von/n o*/04 io/o* AHttClOtr VO9I/9I 10/04 13/04 Afttaotr VOW/* 10/04 14/04 IPtOSW VIOI/91 is/04 11/04 J.HOSIW VW/90 15/04 19/04 Afttaarr vi«/ 9« 19/04
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      Page 29 Advertisements Column 1
      1455 29 VESSEL VOY SIN BKK POU PKO PEN BLW SW IBA BMC I IRAN VOJDAN PJL 1278 I 23/04 MALACCA QLORY PJL 1288 18/04 23/04 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA, KAZAKHSTAN, UZBEKISTAN, TURKMENISTAN. KIRGISTAN, TADZHIKISTAN GEORGIA VIA B. ABBAS. BIK AGENT IN SINGAPORE
      1,455 words
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      Page 29 Advertisements Column 2
      1871 29 f DIRECT SAILING I L TO SHANGHAI XINGANG J I SINGAPORE'S GENERA! AGENTS: 6 SHENTON WAY TIL 224 1900 FAX: *****08 OUTWARD (B/L) J^OSMrToHoJTofFKE^™^^™"^^™^^! COSTAR SHIPPING PTE LTD #17-08 DRS HOG SAIES/RKGS *****41/43 IMWARD DEPT (d/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CI NO: 117S7Sf0000l> TOWlt TWO (*****9) CONVENTIONAL
      1,871 words
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      Page 29 Advertisements Column 3
      589 29 It EASTERN CAR UNER, LTD. "^fs:Cl'" ILtj ECL (SINGAPORE) PTE LTD 1 SPEOAIiZIIHROROt HEAVY unupro 122 TOWS 1 ECI (SINGAPORE) PTE LTD LOADING FOR PORT KLANG/MUARA PORT KLANG/PENANG MV "ORANGE SKY" V.BO MV "BAAB ULLAH" V.49 ETA SM 28/03/98 ETA PKL 29/03/98 ETA SM 29/03/98 ETA PKL 30/03/98 ETA MUA
      589 words
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      Page 30 Advertisements Column 1
      1320 30 EUROP€AJKACAMDIHA<IA/yiHLAWD<HUSSIA SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP I. DELUXE RW-002 11AM 01/05 OGAM 82/86 04/06 05AM 06/05 E RIGHT RE 033 2003 22/03 21/03 23/03 25/03 13AM E DELIGHT RW-002 ISAM 06/15 20AM 16AH 16AM 11AM 20/05 E GLEEFUL RE 062 06A13
      1,320 words
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      Page 30 Advertisements Column 2
      876 30 SPfIRE M'SIA I Carrier MN CONTR LINES, INC I" IV/ Jcm no, IMOrfOBOm SBU: (064) *****# MANILA: (632) *****24 PENANG: (04) *****36' BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 KUOfINQ (062) *****1-3 MANILA GENOA/BARCELONA MV ''SEVEN SEAS AURORA" VBO3N MV "NORASIA
      876 words
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      Page 30 Advertisements Column 3
      380 30 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vcsa 1 VOT I sm 1 fUI I PUK I en I »/mt" HAMUI PRINCE V.021S 07/04 20/04 24/04 mrtuvaus vo?ts m/ 04 22/04 24/04 30/05 ovos 60LDEW DRAGON V.004S 21/04 30/04 05/05 M/ 05 WAMUI PtINCKS YO2IS 30/04 14/05 17/05
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      Page 31 Advertisements Column 1
      500 31 MYANMA WBL FIVE STAR LINE (MyoMnar National Um) Landing for Yangoii (Rangoon) «S» VOY SM PIG KM PGU M6M 254W SIS •AGO 101W 04/04 MALAYSIA AGENTS: OOUSTEAD SMPfMG AGENCIES «UL- m 02-03-*****00 PKL TO 02-03-37*6101 PBfc 1H 02-04-*****02 PGO: TH 02-07-*****21/4 M BANK LINE (A Mrvko of Aadrow Wok Shipptey)
      500 words
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      Page 31 Advertisements Column 2
      1027 31 MERCHANT MARINE CO. UP. [vg» WL S _SoiL|_iaJ»w| Off Dm IK Ifvßsa WI sou mM** I mom mv m ■OAS 304W 03/04 14/04 25/04 14/04 21/04 HYGBOAL 310 C 11/03 TITS 14/03 17/03 04/S NOLCYPMNE 310W 04/04 22/04 23/04 25/04 20/04 MX BIS 3011 20/03 11/03 IS/W 17/ M -07/04
      1,027 words
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      Page 31 Advertisements Column 3
      748 31 norwigion ifmoctad oufcxorriars KG TO NORTH AND LATIN AMERICA *RORO HEAVYUFT SERVICE* VKSB. VQY KAMP HEIGHT SIN UU CKI WU SAV 111 tmt me Flo# *»Ims "OS 17/04 10/05 If/05 2270T 24/05 16/05 Jt7oT il/05 02/04 04/64 t T «I 6-311 21/04 25/05 02/00 /0 W/04 10/0* 11/0* 12/04 17/0*
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      887 32 »AH>KOK/LAIM CNASANO JAKAHTA/MMJAWO VESSEL VOY SIN BKK LCH VESSEL VOY S4N JKT PJN VANTRABHUM 234N QgM 06/04 GURU BHUM* 72S 04/04 07/04 CHANA BHUM 12N 05/04 06/04 06/04 ACX RUBY< 198 06A>4 09/04 ACX JADE 17N 08/04 06/04 09AM DEJA BHUM 742S 07/04 10/04 09/04 ANAN BHUM" 90N 05AM 00AM
      887 words
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      Page 32 Advertisements Column 2
      434 32 BINTANG MAS SHIPPING PTE. LTD. 30 NEIL ROAD, SINGAPORE 0206 TEL: *****68 ROC *****64 TLX: R*****6 SINMER CP No: **********0W RocoMng Cargo IPTI I Blntulu I I Mi*«ni I vtssii voy sw ry voy sir iy* I Sane V9JO7E 09 1 0/04 1 5/04 MMi V9MSE l«*-03/0401/04 Ihtal. most 14-17/W
      434 words
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      Page 32 Advertisements Column 3
      581 32 1 ACCORD am SHIPPING PTE LTD YH.: ***** IS (40 Lint*) FAX *****30 KMTUAHG 103} 347 lOtl M M WRICY ACCISS TU: *****55 (IXPORY ROOKING) Hi* GUMC (07) SSI 13/7 *****34 (EXPORT DOC), *****39 (IMPORT) nUMC (04) Wl44s UKAiU VI) *40 0779 *>«t ram "pot? m sin powi itasin port
      581 words
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      375 33 INDONESIA NATIONAL LINE TO EUROPE "1 EXPRESS SEMI-CONTAINERISED SERVICE _vu vot r?WE|A oam/bdam hiuwg iwemen «»Tv>twr A VtSIEI 43 WO 15/08 19/05 OMIT 23/05 TO AUSTRALIA 1 RILL CONTEMNER SERVICE a vot TEHS* ffli tm tro mel hoa toLtm mmmmrmm tm *****4 m iu* n« w MM vuioicAPaU veT mm
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      1000 33 f SSSrPff PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, «03-00PIL Building, Singapore *****0. I j 10CM*****00E lIVISSII VOT STB 5 ro a I OOCI AOIUTY Oil J/4 I U/« U/4 Jl/4 M/ 4 1/5 2/5 mSSM rrwooa ifa~ u/4 ii% i/s 4/s IVS nt7r OOQ ACCLAIM 011 1//4
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      907 33 VESSELS 1 VOY JED I MLA LEH HAM THP RTM ypg H \ALLEOE TANYA T2SH 10AM gg W4 30AM 01/06 02AS Q2/Q6 (gm jgU£DE TAURUS A29M ISAM 24AM 28AM gg 06AS 06AB 06/06 OMB VKXE D* AQUARIUS U2SW 21AM 2MM 04AB WOB 11AB Ijyo6 ~3AB 14/06 VU-EPEANTARES L2BW 28/Q4 (BAB
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      43 35 To retrieve more schedules, Just follow these simple steps... document 740-6000 tep be faxed fVselect the port your Step key in the four number digit code Key in your Example: fax number To NEW YORK (NYC) 2275 for calls within Singapore UnitOd StBtOS
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      1146 38 SHIPPING LINE LTD I 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKINGS CALL DIRECT JESSICA/CELIA/MEI CHAN 7 slgs/week [QS3SEEEH 2 SLG/week I vessel VOY JsiN JAK VESSEL VOY SIN PLB SiNAR JAVA "973 04/04 (SAT) 07/04 (TUE)
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      Page 38 Advertisements Column 2
      591 38 \*mm ING LEE SHIPPING CO PTE LTD I I IkaSA T«b 533M7S UMI| Pui 5130«35/******0 Bin HIWMIHIt I VESSEL VOY SIN EU SW m> DESTINATION UoonS«or8 07/98 02/04 03/04 Krb Motco Polo 24 04/98 04/04 07/04 K. Tunggol Sinor Cenlral 06/98 06/04 07/04 Perawong/Buolon/PBo ru Usoho Boru 05/98 07/04 09/04
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      Page 38 Advertisements Column 3
      454 38 SIM FAR EAST 05/04 KEELUNG/KAOHSIUNG 05/04 BANGKOK 06/04 MANILA/CEBU 05/04 JAKARTA/BELAWAN/SURABAYA 05/04 PORT KELANG/PENANG/E. MALAYSIA 14/04 BUSAN 05/04 TOKYO/YOKO/KOBE/NGO/OSA 05/04 HONG KONG SIM CHINA (*GB#±»«n) 05/04 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU M EUROPE/UK t 05/04 LDN/FLX/LVP/SOU R DM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIM USA/CANADA 14/04 LOS ANGELES/NEW YORK
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      Page 38 Advertisements Column 4
      495 38 Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTARATU RTUOO6 04/04 12/04 22/04 23/04 FAIRY EAGLE 111N 10/04 18/04 29/04 30/04 TRADE FAST TFS2I7 17/04 25/04 07/05 08/05 KOTARATU RTUOO7 24/04 02/05 13/05 14/05 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA VESSEL VOY
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      1090 39 i ASIA MEDITERRANEAN EXPRESS (AMI) WESTBOUND SERVICE i I VESSCI I VOY I SJN j PIR I GOA VIC I IfH I ANR I FXT MX RS&KCA 9812-3 04 APR 17 APR 19 APE OMIT OMIT 25 APR 26 APR I N. SINGA 9813-3 09 APR 22 APR 24 APR
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      Page 39 Advertisements Column 2
      1723 39 T,m <«■ an: w-J ■41 Wdll:M J WM I SOU I tIM I NAM I UH I IVtSSa/VOttGI I tou lITIHW I la I S'POti I ROPE I MVgWA I uqwTii Iwwvn I NYK CASK* 02WAM iSfi 2IS tfS 7i£ 024S OOQNETHERUND 03EA10 0743 0103 10.03 IXO3 31.03 OUT OMT
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      373 40 ||3B tapa TICER-LIOE Singapore Madras Shuttle Singapore Calcutta Shuttle Colombo Calcutta Shuttle Madras Colombo Shuttle Colombo Tuticorin Shuttle Colombo Cochin Shuttle Agents: Ben Line Agencies Contact Peggy Hwang or Mary Teo Tel 225 3522 Fax 224 0163 DIRECT LINES *****80/*****81 Ife GLORY NAVIGATION GROUP REGULAR LINER SERVICE OWNED AND OPERATE
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      893 40 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel: *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg CONSOLIDATION THE FOLLOWING PORTS PASIR GUDANG (PGU), CEBU (CEB), LAEM CHABANG (LCB), SHANGHAI (SHA), ALEXANDRIA (ALT), SAN ANTONIO, CHILE (VAP) VESSEL ETD SJN ETA PGU ETACB ETA LCB ETA SHA ETA ALY ETA
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      Page 40 Advertisements Column 3
      1175 40 I 0 l Sin 9 a PQ r gJ-P»-g-!jd CFS Keppd^isirpk^^llfSß^r |~^—gjfr 79 AmMRNd #21-04 (S) *****6 Ut 513 #01-128 t emwiry YBVV V CI NO **********0H M: 272 7827 f J 3269 IAO |l«fc *****13 F«« 221 3942 F««: 272 7825 NORTH AMERICA USA/ CANADA AUSTRALIA TO USA Sbf
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  • Page 41 Miscellaneous
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      129 41 LEGEND: R Thur»der*torm Temperature c A v Showtr Weother Wind direction with .peed in knot* Rom Cloudy Sky Wov h *'o ht Surface wind* art indicated by arrow. which fly with the wind On. full circle r.pr.»jpt» C o(m or bght and variable wind* W One holt flee he reproMnt.
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      74 42 RE-INTRODUCTION OF NIGERIAN PORT ADDITIONAL Shippers are hereby notified that the below mentioned five liners have decided to re-introduce NIGERIAN PORT ADDITIONAL OF USD 200 per TEU (Twenty-Foot Equivalent Unit) applicable on all shipments from Asia to Nigeria in West Africa due to the very high port expenses in Nigeria.
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