The Business Times, 2 June 1998

Microfilm: NL21196
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 The Business Times MITA(P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, JUNE 2, 1998
    13 words
  • Article
    MARKET SUMMARY
    65 1 (•20.84) riBT-SM M 50MB (-12.92) niTOBHP fcjUH6J7 (-34.38) nSTWIA Ll OCA (-7.33) STOCK HAKKET INDICES Monday Change KUSE COUP 618.00 -20.24 NIKKEI 1U2I83 -349.75 HANG SENG M 12.01 -SStH SET INDEX 413.94 -1166 JAKARTA COUP —414.18 US MANILA COUP IU TAIPEI WPI 7.606J5 -297.00 SEOUL COMP 336.70 +467
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  • Article
    FINANCE
    82 1 ram bates U8$ 81 USS 1.(592 £(l T SS/SSper£) 1631 2.7*9 DM 1777 9.962 YEN 139.1 1J216* US 1925 043! HKS 7.749 0218 BAHT 4116 0.041 RUPIAH H.SM MIS* St to M taut* •as torn w%u* PUKE BATES SINGAPORE* 7.88 KlIALA LUMPUR 11.50 JAKARTA 28.00 BANGKOK 14.75 MANILA 22.90
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  • Article, Illustration
    Lock icon STIC and SembCorp announce merger
    898 1  -  They will swap shares for stock in new company called SembCorp Industries By I Conrad Raj [SINGAPORE] Singapore Technologies Industrial Corporation and Sembawang Corporation yesterday announced that they will be merging to form a new industrial powerhouse in Asia. The merger will see the two
    Source:  -  898 words
  • Article
    Fears of region-wide recession spook markets
    420 1  -  By 1 R Sivanithy, Larry Wee [SINGAPORE] Fears of a re-gion-wide recession following bad economic news from Hongkong and Malaysia sparked a slump of as much as 3.85 per cent on regional stock markets yesterday and set off a slide in regional currencies as
    420 words
  • Article
    Off-budget economic boosts this month if needed: Dr Hu
    405 1  -  Govt to take measures if prelim (12 data suggests significant slowdown Reports by Ven Sreenivasan [SINGAPORE] The government will initiate a comprehensive set of "off budget" measures this month if the preliminary second-quarter figures point to a significant economic slowdown. Finance
    405 words
  • Article
    S'pore banks' Indon exposure down by a third
    206 1 [SINGAPORE] Singapore banks' loan exposure to Indonesia has fallen by almost a third since December last year, Deputy Prime Minister Lee Hsien Loong told parliament yesterday. "As at April 30, 1998, the six local banking groups had loans and investments amounting to
    206 words
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      133 1 INSIDE Tka Prap«ty CUbbb The present state of the property market is such that there are two factors other than price that a buyer must consider, says Lee Han Shih, Pj4 Hick Lick Stew What does the STICSembawang merger mean for shareholders? Ft IB Reduced to tears Anna Kournikova (above)
      133 words
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      Page 1 Advertisements Column 2
      10 1 Rescue package disappoints, Pg 7 Gloom in Japan, Pg 7
      10 words
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      Page 1 Advertisements Column 3
      124 1 j W^T^ Emirates, Airline of the Year. See inside for details. At this year's OAG Airline of the Year awards, Emirates walked off with Best Airline for Food and Wine, Best Cabin Crew and Best Economy Class, to name but a few. In fact, Emirates scooped nine awards in all
      124 words
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      Page 1 Advertisements Column 4
      16 1 No fine-tuning of property curbs now, Pg 2 yppf commitment to Indon trade scheme, Pg 2
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  • SINGAPORE AT HOME & ABROAD
    • IN Brief
      • Article
        Govt not keen on retrenchment fund
        82 2 THE government is not in favour of setting up a special fund to help companies with difficulties paying retrenchment benefits to workers because such a f\md would have to be financed through additional taxes and levies. Manpower Minister Lee Boon Yang said. The minister
        82 words
      • Article
        No plans for mobile telecoms tender
        65 2 THE government has no plans to call another tender for a mobile telecommunications licence anytime soon, following P2P Communications Pte Ltd's abortive bid. But Communications Minister Mah Bow Tan said that, depending on how the market develops and if there is a need to
        65 words
      • Article
        Consumer prices unaffected by crisis
        96 2 THE regional economic crisis has not raised Singapore's cost of living, Trade Industry Minister Lee Yock Suan said yesterday. In fact, consumer prices rose only 1.1 per cent during the first quarter this year, compared to 1.7 per cent in the first quarter of 1997.
        96 words
      • Article
        CPF withdrawal for West Malaysians
        121 2 WEST Malaysians are treated differently from East Malaysians and other foreigners with regard to Central Provident Fund withdrawals because of the historical links between Peninsula Malaysia and Singapore, Manpower Minister Lee Boon Yang said. However, West Malaysians are also treated differently from Singaporeans in that
        121 words
    • Article
      No fine-tuning of property curbs now: Hng Kiang
      644 2  -  YESTERDAY Of PARLIAMENT Bat govt will monitor situation closely and 'when it is time to act, we will act' Reports by Ven Sreenivasan THE government has no intention to further fine-tune the 1996 property curbs but will monitor the situation closely. National
      644 words
    • Article
      Indon trade finance scheme: S'pore commitment unaffected
      337 2 THE recent political and economic developments in Indonesia do not affect Singapore's commitment to its proposed US$5 billion (SsB.s billion) trade financing guarantee scheme for the country, Deputy Prime Minister Lee Hsien Loong said yesterday. BG Lee told the House that while Indonesia
      337 words
    • Article, Illustration
      Lock icon Progress payments grow 9%
      330 2  -  EYE ON THE ECONOMY Construction By\ Diana Oon PROGRESS payments in the first quarter continued to grow at a steady pace, with year-on-year growth averaging 9 per cent in the period, according to latest data from the Construction Industry Development Board. Payments made out to contractors
      Source: CLOB  -  330 words
    • Article, Illustration
      UBS East Asia chairman, exec sue The Economist
      416 2  -  Ma gaging allAffi^ S'pore unit lost lb Swiss francs through poor risk control By\ Catherine Ong LIM Ho Kee, chairman of Union Bank of Switzerland East Asia, and another senior executive of the bank yesterday filed lawsuits against The Economist for alleging
      416 words
    • Article, Illustration
      Lock icon GKN sets up regional HQ in S'pore
      309 2 A GLOBAL industrial giant based in the United Kingdom, GKN pic, is gearing itself up for future expansion in the Asia-Pacific and plans to use the new Singapore regional headquarters of its automotive division to spearhead its search for business opportunities. And despite
      ERNEST GOH/ST  -  309 words
    • Article
      Tax rules eased for PRs switching jobs
      169 2 PERMANENT residents will no longer have to seek "tax clearance" from the tax authorities when they switch jobs within Singapore. The Inland Revenue of Singapore (IRAS) said the amended ruling, effective from yesterday, "will provide convenience" for both employers and employees who are
      169 words
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      340 2 It's a joy using B_ -"7" The Straits Times j% Classified to find B5mL IHH Take The Free VVpHNjßßl|fl9Bfl|a Fact-Finding Test Now. Before It's Too Late Inconspicuous Scalp Undetectable Hair Problems Loss At Svenson we have Hair Protection Programmes Certain scalp conditions Look for obvious signs such as flaky skin
      340 words
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  • TELECOMS CONFERENCES
    • Article
      Asia urged to step up telecoms privatisation, reform plans
      459 3  -  Such efforts could lift the region out of its present slump: Int'l Telecommunication Union official Reports by' Teh Hooi Ling ASIA-Pacific countries should redouble telecommunications privatisation and sector reform plans now, and not scale back, as these efforts may well help
      459 words
    • Article
      Gadgets galore at telecoms show
      484 3 Product launches at trade fair range from mobile phone banking to seamless frequency switching THE world's leading telecommunications players are using one of Asia's largest trade shows, CommunicAsia9B/ NetworkAsia9B, to launch new products. Nokia, Alcatel, Siemens, Ericsson and smart card maker GPT are among those
      484 words
    • Article, Illustration
      Lock icon Set for some sale kid-chat
      48 3 [SINGAPORE! Telstra ofAustralia was one ofl,9oocompanies taking part in CommunicAsia whose booth was up and running yesterday, a day ahead of today's official opening. The company launched KaHooTZ, which claimed to be the world'sfirst protected children's online chat club in cyberspace. CHRIS LOH
      CHRIS LOH  -  48 words
    • Article
      E-commerce a key issue for Apec, trade fair
      242 3  -  Reports by' Toh Han Shih ELECTRONIC commerce will be a key focus in the third Apec Ministerial Meeting on Telecommunications and Information (Telmin3) and CommunicAsia9B/ NetworkAsia 96. Both events, which take place this week, will feature talks and demonstrations on electronic commerce.
      242 words
    • Article
      S'pore-Canada secure e-commerce link
      171 3 CANADA and Singapore have technically completed the first system in the world where different countries can use one another's network for secure electronic commerce. "Electronic commerce will only take off globally if you get common international understanding of digital certificates and common international standards (of electronic
      171 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      123 3 We're moving north so our service can move up a gear. We're pleased to inform you that we're moving to a brand new. bigger as a city centre for both Porsche Tel 472 443 3 Saab. Tel 251 6888 I KSir service premises. Eurokars Centre Both a showroom and a
      123 words
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  • FOCUS: PROPERTY
    • Article
      Under the hammer
      147 4 Property auctions coming up Wednesday, June 24 (3pm) at Amara Hotel, Ballroom 1 Residential: 14 Bishopwalk: 3-sty townhouse, 3+1 brms, 270 sq rrVFH 04-04 Euro Asia Park, 25, Woodletgh Close: apt, 3+1 txms, 143sqmfl=H 10-02 Southaven, Blk E: 3+1 brms, 285 sq m/999 yrs Other* 01-45 High
      147 words
    • Article, Illustration
      Unhealthy bargains?
      642 4  -  THE PROPERTY COLUMN There are a couple of risks to living in projects which aren't well occupied By Lee Han Shih TEMPTED to buy a house or a condominium now that prices have fallen so much? Be careful. Buying into a development that is not substantially occupied could
      642 words
    • Article
      Rental market
      810 4 POSTAL STREET/ESTATE PRICE LAND HUT BOW <SS) (SOFT) SOFT) Landed Property BUNGALOW 0512 FaberDr 8250 9800 4300 4+1 HTER.TERR 1336 Jfn Beiangkas 3000 3606 3530 3+1 1545 Terang Bulan Ave 1500 2000 1800 3+1 2159 KismisAve 2100 1679 2200 3+1 2366 Hiltview Ter 2500 2800 2400 3+1 SEMt-0
      810 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      292 4 For Sale Lease Freehold 7-Storey Warehouse Off MacPherson Road H® Ideal for corporate HQ Land area: 30,000 sq ft Total GFA: 74,000 sq ft Ample basement carpark Ceiling height 4.5/9 m Fir loading 10/20 KN/sqm Industrial Building at Tagore Avenue A freehold corporate building, IiMIIiIiUrtUAAISMJSAI ideal for warehouse, showrooms and
      292 words
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      Page 4 Advertisements Column 2
      226 4 For Sale Standard JTC Factories 2 adjoining units at Tuas Total land area: 259,000 sq ft Tenure: 30 30 years wef 1983 Can be sold separately or together Food centre and bus stop nearby Plot 1 Floor Area: 36,400 sq ft With excess land for future expansion Plot 2 Floor
      226 words
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      Page 4 Advertisements Column 3
      47 4 Corporate Industrial Building in Tampines FOR SALE Land Area Approx. 161,500 sq ft Built-in Approx. 108,000 sq ft Tenure HDB lease 30 +30 years w.e.f. 1989 Excellent condition and corporate identity For more details, please contact Sol* Marketing Agent CB Richard Ellis (Pte) Ltd Tel: 224 8181
      47 words
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      239 5 ppwH ■pspp* K 1| w m w II I fl V /s5£3feMHK t f H|MF -*'£BHBI ImF ?^S35i A wX ~^J^BIH ''-Hp ;fBBj I mm -^mm^ v v vv H t I I B I 11 "i pffl FMBBHWiBBHWUmB^BI if |f 3 flLk 1 El li a H ■^ffnfwHij^^^Hf I
      239 words
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  • ASIA'S ECONOMIC SLUMP
    • Article, Illustration
      Habibie names 3 technocrats to national economic council
      810 6  -  Appointments signify their comeback; May inflation surged at 50% annual pace Froti S N Vasuki in Jakarta INDONESIA'S technocrats, sidelined by Mr Suharto during his last months in office, made a comeback yesterday with President B J Habibie naming three of them
      810 words
    • Article, Illustration
      Lock icon Indon central bank pumped 84t rupiah into ailing banks
      375 6 Bank Indonesia chief says govt intends to recover all the debt Bloomberg [JAKARTA] Bank Indonesia, the central bank, said it pumped 83.5 trillion rupiah (5512.2 billion) into banks swamped by depositor withdrawals and bad debt since the nation's economic crisis began
      Bloomberg; FILE PHOTO  -  375 words
    • Article
      Lock icon Thai inflation in May worst since 1981, but below forecasts
      252 6 Reuters Bloomberg [BANGKOK] Thailand's inflation in May was the worst since 1981, though prices rose less than expected because a weaker yen reduced the cost of some imports, the commerce ministry said yesterday. The consumer price index in May rose
      Reuters; Bloomberg  -  252 words
    • Article
      Lock icon Indonesia to probe Suharto's wealth
      304 6 Reuters [JAKAßTA] Indonesia said yesterday it will investigate the wealth amassed by former president Suharto during his 32 years in power, which ended less than two weeks ago after protests and riots. The clamour to investigate Mr Suharto's legendary wealth has been mounting since May
      Reuters  -  304 words
    • Article
      Lock icon Foreign banks cut Asian loans by US$27b in Q4 of '97: BIS
      406 6 AFP [BASLE] Foreign banks staged a massive retreat from the crisis in Asia in the final three months of last year, the Bank for International Settlements (BIS) said. Banks which report to the BIS cut loans to the
      AFP  -  406 words
    • Article
      M'sia to get new economic stimulus package: Anwar
      384 6  -  DPM says additional measures critical, bat gives no details From Eddie Teh in Kuala Lumpur MALAYSIA will come up with a new package to stimulate the economy following a 1.8 per cent contraction of gross domestic product in the first quarter, Finance
      384 words
    • Article, Illustration
      Cutting rates will put M'sian financial system at risk: Anwar
      703 6  -  From'. Eddie Teh in Kuala Lumpur INTEREST rates in Malaysia and in offshore centres are determined by market forces, according to Finance Minister Anwar Ibrahim yesterday. "If the offshore ringgit (deposit rate) is at 20 per cent and if we
      703 words
    • ASIA Briefs
      • Article
        Lock icon Foreign debt a threat: Estrada
        62 6 AFP [MANILA] Philippine President-elect Joseph Estrada said yesterday the country's massive foreign debt of U5545.5 billion (Ss77 billion) was the biggest threat to progress. "My problem now is the foreign debt that we have to pay, that's my fear," Mr Estrada said. "We have to
        AFP  -  62 words
      • Article
        Lock icon Small dong expected
        65 6 Reuters [HANOI] Foreign bankers said they expect Vietnam to permit a small devaluation of the official dong currency rate hi the near (Uture to help exports and boost liquidity in the interbank market. A poll of five foreign bankers in Vietnam showed all expected a small downward
        Reuters  -  65 words
      • Article
        Lock icon Jobs, food are Jakarta's top priorities
        71 6 AFP [JAKARTA] Indonesia's new government has made food and jobs its top priorities, the head of the national intelligence agency said yesterday. "The first things which need to be handled now are how to overcome the problems of supply of essential goods and unemployment...
        AFP  -  71 words
      • Article
        Lock icon Indon palm olein prices start to stabilise
        65 6 Reuters [JAKARTA] Prices of Indonesian palm olein have started to stabilise as distribution improved after last month's riots here in the capital, traders said yesterday. Prices of olein, which is used as cooking oil, had soared to 7,000 rupiah (551.02) per kg after
        Reuters  -  65 words
    • Article
      Hongkong under test
      650 7 EDITORIAL POR many months, policymakers and pundits in Hongkong took comfort in the belief that the Special Administrative Region was relatively sheltered from the economic crisis ravaging Asia The recent revelation that the Hongkong economy shrank 2 per cent in the first quarter a performance far worse
      650 words
    • Article, Illustration
      Lock icon Gloom in Japan as yen, stocks, govt bond yields fall
      368 7  -  From. Anthony Rowley in Tokyo THE yen dipped further against msuor currencies yesterday while stock prices fell sharply and government bond yields dropped to a new record low. Financial markets appeared to conclude that nothing now can prevent Japan from
      REUTERS  -  368 words
    • Article
      HK peg to hold for now, but pressure will mount: analysts
      445 7  -  By] Larry Wee [SINGAPORE] Despite another poor showing at the Hongkong bourse yesterday, analysts and traders expect the Hongkong dollar's peg to the greenback to be maintained in the near-term. But towards the end of this year, the unit
      445 words
    • Article
      Lock icon Severe credit crunch threatens exports: S Korea
      339 7 USss.3b emergency package unveiled to boost exports AFP [SEOUL] Finance Minister Lee Kyu Sung warned yesterday that a severe credit crunch threatened to erode South Korea's industrial and export base, as Seoul unveiled an emergency package to bolster exports. "In fact, Korea faces
      AFP  -  339 words
    • Article
      Deposits slide at smaller HK banks, deposit companies
      521 7  -  Prom Quak Hiang Whai in Hongkong DEPOSITS with restricted licensed banks and the deposit taking companies in Hongkong have taken a beating. According to figures released in the government's latest economic report, deposits with restricted banks, which comprised the smaller foreign banks
      521 words
    • Article, Illustration
      Lock icon Rescue package disappoints, HK index down 3.6%
      429 7  -  Feeling is measures come too little, too late: broker From'. Loh Hui Yin in Hongkong DISAPPOINTMENT over the Hongkong government's rescue package to revive the economy sent the stock market tumbling 322.55 points or 3.61 per cent to close at 8,612.01 yesterday. The
      Source: Bloomberg  -  429 words
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      42 7 6u>t~ C £tA. sj^ouricl (ji tfz 1 fit on j nLA The RitzOjilton' MILLENIA SINGAPORE Call 434 5118 now and find out how you can enjoy more for your dollar. 7 Raffles Avenue, Singapore *****9. Tel: 337 8888 Fax: 338 0001. www.ritzcarlton.com.
      42 words
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  • REGION
    • Article
      Lock icon Foreign investors still keen on China, India, says survey
      276 8 HONGKONG AFP AFX-Asia CHINA and India still rank among the top five countries for foreign direct investment, despite the Asian economic crisis, a survey released yesterday showed. The survey, by US management consultant A T Kearney, was done in February and
      AFP; AFX-Asia  -  276 words
    • Article
      Lock icon China expected to close OTC market by year-end
      395 8 HONGKONG Hundreds of firms will face takeover unless they get a listing on exchanges Reuters CHINA is cautiously drafting policies on shares traded over the counter before shutting down its unruly OTC stock markets this year to curb financial risk, securities industry
      Reuters  -  395 words
    • Article
      Lock icon Tommy Suharto denies selling Lamborghini stake
      228 8 JAKARTA Reuters THE youngest son of Indonesia's former president Suharto has no immediate plans to sell his majority holding in Lamborghini, his spokesman said yesterday, after a newspaper report said Volkswagen was buying the stake. Mochamad Ircham said a report in the Bisnis Indonesia
      Reuters  -  228 words
    • Article, Illustration
      Lock icon A chain reaction to the millennium
      81 8 [T AIPEI] A female employee arranging milk and drinks in the refrigerator at a 7-Eleven store in Taipei yesterday. The 7-Eleven chain, operated by Taiwan's President Chain Store Corp, with a total of 1,731 franchises around the island is Taiwan's leading retailer, taking a
      REUTERS  -  81 words
    • Article
      China state workers rush to buy homes
      536 8  -  Move prompted by impending hike in rents and ynan devaluation fears From, Peter Seidlitz in Beijing STATE employees in cities across China are rushing to buy their homes ahead of an end-June deadline imposed by government ministries and work units. For decades, urban
      536 words
    • Article
      Lock icon Dr M to speak at 2 conferences in Japan
      137 8 KUALA LUMPUR Bernama PRIME Minister Mahathir Mohamad has left for a working visit to Japan to speak at two major conferences on East Asian economies and the future of Asia. Dr Mahathir is scheduled to deliver a keynote address in Tokyo
      Bernama  -  137 words
    • Article, Illustration
      Lock icon India opens up insurance sector to private firms
      666 10  -  DOHA BUDGET Coalition govt's budget allows provident funds to invest in securities From, Rajendra Bajpai in New Delhi PRIME Minister Atal Bihari Vajpayee's government opened up India's insurance sector to private companies, allowed provident fUnds to invest in securities and eased restrictions
      REUTERS  -  666 words
    • Article
      Lock icon 2 minor parties quit Japan's ruling coalition
      336 10 TOKYO But LDP gtill has majority in powerful lower house AFP TWO minor parties left Japan's four-year ruling coalition yesterday, leaving Prime Minister Ryutaro Hashimoto's Liberal Democratic Party (LDP) as the single party in power, officials said. The bust-up leaves the LDP maintaining
      AFP  -  336 words
    • Article
      Lock icon China not ruling out resuming N-teste
      290 10 BEIJING But official says China serious about treaty commitment AFP CHINA would consider resuming nuclear tests If the nuclear arms tension between India and Pakistan worsens, a senior foreign ministry official said yesterday. But he stressed that Beijing remains "serious" about its commitment to
      AFP  -  290 words
    • Article
      Lock icon Pakistan N-tests wipe 10% off share index
      245 10 SINGAPORE Reuters Bloomberg KARACHI'S share index crashed nearly 10 per cent in the first few trading hours wiping some US$B5O million (Ssl.4 billion) off the market's value as traders got their first chance to react to sanctions imposed after Pakistan's nuclear tests. "That
      Reuters; Bloomberg  -  245 words
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      171 8 Myoom in talks to sell Lamborghini stake, Pg 16 Three million readers a day can't be wrong THE NIKKEI WEEKLY J Precise, powerful, Asia-wide business news IP y^W^ Circulations Tel: 813-5255-2164, Fax: 813-5255-2678 Advertising Tel: 813-5255-2196, Fax: 813-5255-7769 NIKKEI JAPAN NEWS RETRIEVAL Mem Free-term access to twenty-five years of High-tech,
      171 words
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      113 9 i l T hJ I bJ I I I to create SembCorp Industries SembCorp Industries, the newly created Focussed on Asia's markets, the new entity from the merger of Singapore group fuses professional skills and experience Technologies Industrial Corporation and of both companies. This will enhance the use Sembawang Corporation,
      113 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      52 10 VOLVO HSSSoS The Volvo S7O V7O now come attractively priced, with improved specifications: driver &r passenger airbags, SIPS airbag, twin power seats, cruise control, trip computer, alloy wheels and much more. In other words, you get great value for money. Call us today at 473 1488 to secure yours today.
      52 words
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      Page 10 Advertisements Column 2
      21 10 •Tung Centre •Parkway Parade •A-Z Building •Paya Lebar Road For details, please contact owner Tel: 437 6853 437 6872 534 3132
      21 words
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  • THE WORLD
    • Article, Illustration
      Lock icon UK to keep public spending tight: report
      139 11 LONDON AFP Reuters BRITISH Chancellor of the Exchequer Gordon Brown is set to keep spending tight over the next four years, despite pressure from unions to increase funding for public sector workers, a report said yesterday. The Times quoted government sources as saying
      AFP; Reuters  -  139 words
    • Article
      Lock icon Asset management revenue seen at US$900b by 2010
      222 11 mLONDON Reuters THE investment and asset management industry's global net revenue could increase to US$9OO billion (Ssl.s trillion) by the year 2010 from US$277 billion in 1996, according to a publication launched yesterday. Strategic Finance, a new quarterly report from the Economist
      Reuters  -  222 words
    • Article
      Lock icon Asian crisis takes further toll on US manufacturing
      494 11 WASHINGTON Hay index suggests manufacturing growing at more subdued pace Bloomberg ASIA'S economic crisis took another bite out of US manufacturing in May as exports faltered and cheap imports pressured factory profits, an industry report showed. The National Association of Purchasing Management's
      Bloomberg  -  494 words
    • Article
      Lock icon Russian stocks, bonds, ruble plunge to new lows
      349 11 MOSCOW Bloomberg AFP RUSSIAN stocks, bonds and the ruble plunged to new depths yesterday, after the International Monetary Fund pushed the government to adopt austerity measures and said it won't offer emergency financing to pay debts and support the currency. At 6
      Bloomberg; AFP  -  349 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      63 11 Online, Multi-Currency, Ready to Use, Packaged Accounting Software H Sales Orders 0 Delivery Orders 7 0 Sales Invoicing i 0 General Ledger 0 Accounts Receivable 0 Purchase Orders 0 Graphs Ratios 0 Accounts Payables 0 Stocks 0 Sales Analysis BSS SOFTWARES (S) PTE LTD #05-20 Afro Asia Bldg, 63 Robinson
      63 words
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      Page 11 Advertisements Column 2
      110 11 e/ectricity a t level. Schneider supplies the and hotels. Schneider is objective in mind: to meet electrical distribution a manufacturer focused your needs. Every day. systems that ensure oh electrical distribution, Safely. Economically, the safe application of industrial control and Efficiently. electricity in the most automation. With four Schneider Singapore
      110 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Nuclear club's outrage exposes its hypocrisy
      825 12  -  THE Bormifr.vwT! OPINION By Mohan Kuppusamy The writer is BT's editorial page editor ALL the inconsistencies of the current nuclear non-proliferation regime have been laid bare by the Indian and Pakistani nuclear tests. The indefinite extension of the 25-year-old Non-Proliferation Treaty (NPT) in 1995
      825 words
    • Article
      IN OTHER WORDS
      119 12 'A decade ago, stock fund managers raised cash when they thought the market was too high. That rarely happens these days.' -Don Phillips president of a mutual fund research firm, as US stock mutual fund managers are holding less cash than at any time since 1972, a
      119 words
    • Article, Illustration
      Lock icon The free market rules
      1097 12  -  Fall of Berlin Wall and now the Asian crisis reflect the decline of the state, say US authors By: Leon Hadar The writer is BT's Washington correspondent THE East Asian financial turmoil has been described by observers in the United States as the sequel to the
      FILE PHOTO  -  1,097 words
    • Article
      Lock icon Japanese yen now the most puny of weaklings
      718 12 Financial Times NOT so long ago, the Japanese yen was the Charles Atlas of the foreign exchange markets, kicking sand into the face of nerdy currencies like the US dollar. Now it is the most puny of seven-stone weaklings. The currency was
      Financial Times  -  718 words
    • Article
      WHAT THE OTHERS SAY
      948 12 IndonttUns hope for freedom MINISTER of Information Yunus Yosfiah has promised to return what the Suharto regime stole from Indonesia's national press: its freedom. The statement, which is in line with promised political reform, brings with it a new horizon for the national press after decades
      948 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      61 12 DOOHESnunY By Garry Trudeau UTTL&ROCK, ARKANSAS 7£N ONB OF THOSe UJfTHSHATTERS? PAYS AQO, THS 9US7UHG CBN- PRBAHS IS FOX NOUS COR&- WT r p IPNT Tt OUCH'W 7BR OF A MBPtA QRCtJS, TODAY CAS&SHe PIPMO&THAN SK3NPSUTN& FR££MAN. N£P, M ve nMBJoW A SAC&P\ A HOLWkJBP-OffTTOtAM U/tTH RZUS7RAJ& TH& PLA/NTIFF WHATHURFSMOST
      61 words
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  • Page 13 Advertisements
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      200 13 Where to wine, dine and entertain... ft For a refreshing mouthwatering Nonya buffet spread, Plaza Hotel is proud to present you with a Malacca Food Dessert Promotion, from 18 May to 7 June, at Cafe Plaza. Make your reservations with us at 299 9011/ 298 0011! $22.50 (Adult) $16.50 (Child)
      200 words
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      Page 13 Advertisements Column 2
      93 13 mm mR IH JBIH 2<»o (>n luril K« i.ul. 02 I!u llctTin. sinv;.t|>orv 1 V4BSS i M.iiul.irin lloii I) Itr.iiK li: H 4 4 I .ist o.isi Ko.ul s i |M>rt' |V)|o2. It I tiA |'> 4 >S i m.ill liiih»l11»I «mlx>\ i.siii^iii-l.ioiii.si*. &hi Introducing a new set lunch menu
      93 words
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      Page 13 Advertisements Column 3
      38 13 at PAOLO fm PING'S PASSIONATELY ITALIAN TASTEFULLY CHINESE 731-7^85 to 140,000 readers! THIS SPACE! w Advertise in SEE I Wine, Dine YQy p and Entertain BUSINESS Call Renee at 740 1518 or Shirley Lee at 740 2290 today!
      38 words
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      Page 13 Advertisements Column 4
      89 13 Buy It. Sell It. Find It. Classified. CATS. Call Today For Results Tomorrow. 1800-*****66 iffllUE#- Super Value Set Meal 1 1 "lj r? J Jftosd® Soup of the Day MfcMWF Salad Prawn in Ton Nest W m Braised Mushrooms with —Seasonal Vegetables Fried Coffee Pork Ribs Hp Friad Rice with
      89 words
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      Page 13 Advertisements Column 5
      86 13 RELISH PINE COURT CHINESE RESTAURANT'S BEIIING DUCK FOR ONLY $25+++ Reservations: 831 6262/66 %sr BS SX CHINESE MPHk JM Orchard Boad. Singapore iMfcJ KSrAURANT Tel 757 4411 12 Feb to 30 June Enjoy a Buffet meal in our Phoenix Garden Cafe and you could be our next lucky winner for
      86 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      788 13 TV&RADIO Premiere 12 6.00 News sToday Followed 6.00 See Wednesday's ooa DM-mn By Wheel of Fortune. Schedules. PM TV Innovations. 6.30 The Pyramid Game. 4.0° Kidz Blitz: Space 700 New s 5At Seven. Prime 12 m 7.30 The Jamie Foxx Show. 9.00 AM CDIS. S£ in ?.H S ry .T
      788 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      193 13 CRYPTIC CROSSWORD theßro place (7) 30 He can't manage his share 8 Lady-in-waiting? (9,6) YESTERDAY'S SOLUTION (8,7) 14 Polite American rises to a wel- 111 millllVlll I |jt,-__,. rM H DOWN come (5) feM e yuyvyafc^^g|j|f§} 1 Make-up specialists in the the- 15 J** P rovided for direc kBsBsBgBgBgBsBH atre
      193 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon The next step in golf wear
      487 14  -  As clubs start banning metal spiked shoes, vensreenivasan looks at a new alternative VEN SREENIVASAN IN 1992, a relatively obscure golf club in Columbus, Ohio, unwittingly started a revolution when it decided to ban metal spiked golf shoes in order to protect its greens.
      ARTHUR LEE  -  487 words
    • Article, Illustration
      BT Golf Index falls 5.6 points to new low
      416 14  -  By Ven Sreenivasan {SINGAPORE! With the region still in turmoil, it is hardly surprising that asking prices for golf memberships fell again in May. The eight-club BT Golf Index, which tracks the prices as advertised in The Straits Times Classifieds section,
      416 words
    • Article, Illustration
      Lock icon Kournikova, Williams beaten by their youth
      573 14 FRENCH OPEN LATWP [PARIS] What happened to Serena Williams and Anna Kournikova a few groundstrokes away from the French Open quarterfinals? It's simple. They turned back into inexperienced 16-year-olds. Twice, Serena Williams was two points from advancing before unravelling in a sea of forehand
      LATWP; AFP  -  573 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      267 14 Q s a season of new life, sunshine and cool, crisp air. And in Spring City Golf and Lake Resort, the splendour of Spring never ends. Here in Kunming, Yunnan, the southwestern province of China, you'll find our gently rolling fairways set in a breathtaking landscape of pristine lakes and
      267 words
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  • Companies & Markets
    • Article, Illustration
      Lock icon ST's long-term strategy is to become global player
      370 15  -  Grand plan is said to be for STPL's core business units to be listed By\ David Boey [SINGAPORE] Size does matter to Singapore Technologies Pte Ltd (STPL). According to STPL insiders, the unveiling of a proposed merger between listed entities Sembawang SingaporeTechnologies
      Compiled by BT  -  370 words
    • Article
      SembCorp-STTC deal: it's clear how shareholders will vote
      611 15  -  HOCK LOCK SIEW Lee Han Shih COME August, Sembawang Corporation shareholders should all turn out to vote in favour of their company's "merger" with Singapore Technologies Industrial Corporation (STIC). STIC minorities, on the other hand, would do well to press for better
      611 words
    • Article
      Deutsche Bank giving up control of DMG
      514 15  -  Stake to be cat to 49% from 70%, with S'pore founding partner taking over By Ang Wan May, Clarissa Tan [SINGAPORE] Deutsche Bank is ceding control of its Singapore securities firm to the latter's Singapore founding partner and starting a new outfit to
      514 words
    • Article, Illustration
      Lock icon Investors sell down properly stocks
      347 15  -  By Abdul Hadhi [SINGAPORE] Property stocks slipped yesterday, with the SES Property Index losing 18.67 points or 6.2 per cent at 283.43. Analysts attributed the drop mainly to the finance ministry's letter to the press saying there was no need for drastic measures in the
      Source: Bloomberg  -  347 words
    • REGIONAL COMPANIES
      • Article
        Marco Polo's group profit jumps three-fold to $54m
        452 16  -  Hotel redevelopment timing being reviewed amid Asian crisis, weak residential market By, Abdul Hadhi [SINGAPORE] Hotel and property group Marco Polo Developments yesterday announced a three-fold jump in group net earnings to $54.09 million for the year ended March 31,1998. Still, the
        452 words
      • Article, Illustration
        Lock icon ASA Ceramic shares tumble 20% in debut trading
        331 16  -  By\ Carol Eng [SINGAPORE] China-based ASA Ceramic had a rather subdued debut on the stock market yesterday, closing 20 per cent down from its issue price of 30 US cents on thin volume. The mainboard-listed firm, which issued 28 million shares in
        Source: Bloomberg  -  331 words
      • Article
        Hongkongßank appoints ex-CEO of M'sia unit a director
        273 16  -  From Quak Hiang Whai in Hongkong CHRIS Langley, a former chief executive of HongkongBank Malaysia, has been appointed a director of Hongkongßank. Mr Langley, who is currently heading the bank's operations for Hongkong and China, joined two other senior managers of the
        273 words
      • Article, Illustration
        Lock icon Mycom in talks to sell Lamborghini stake
        158 16 Reuters [KUALA LUMPURJ Malaysia's Mycom Bhd said yesterday it was in talks to sell off its stake in Italian sports car maker Lamborghini. "The company wishes to confirm that Mycom is negotiating to dispose of its equity in the above investment," the company
        Reuters  -  158 words
      • Article
        Brunei sultan said to be buying KL's JW Marriott Hotel
        477 16  -  From Rath Wong in Kuala Lumpur THE Sultan of Brunei is close to finalising a deal with property firm Taiping Consolidated in which he will buy the five-star JW Marriott Hotel in Kuala Lumpur for 400 Malaysian ringgit (Ssl72 million),
        477 words
      • Article
        $1.5 m extraordinary gain helps lift Excel
        208 16 [SINGAPORE] An extraordinary gain of $1.52 million has come to the rescue of a sharply lower operating result at the halfway stage for machine tool maker Excel. Net earnings for the six months to March 31 were up 15.9 per cent to $3.95
        208 words
      • Article
        Sime Pilipinas' minority owners seek to block UK acquisition
        316 16  -  From. Al Labita in Manila A LISTED unit of Malaysian conglomerate Sime Darby Bhd (SDB) is facing a complaint from its minority shareholders for investing in a loss-making firm in London. In a petition on Friday, Sime Darby Pilipinas (SDP) stakeholders
        316 words
      • Article
        Lock icon MBf Capital posts RMll7m loss in first quarter
        141 16 Bloomberg [KUALA LUMPUR] MBf Capital Bhd, Malaysia's largest finance company, said it posted a loss of 117.12 million Malaysian ringgit (5550.4 million), or 15 sen per share, in the first quarter ended March 31. The company said it recorded a revenue RM571.2
        Bloomberg  -  141 words
      • COMPANY Briefs
        • Article
          AsiaMatrix gets go-ahead for changes
          60 16 [SINGAPORE] Asia Matrix has received in-principle approval from the Stock Exchange of Singapore for its restructuring proposal and for the listing and quotation of rights shares and warrants under the proposal. The company also said yesterday that the Ministry of Health had given its approval
          60 words
        • Article
          Lock icon Dairy Farm share redemption
          70 16 AFX-Asia [HONGKONGJ Dairy Farm International Holdings said it will redeem about 198,000 convertible cumulative preference shares for a total of U*****.7 million (*****.6 million) on July 2, using existing cash resources. Finance director Edouard Ettedgui said: "Retiring the convertible preference shares will be earnings enhancing while,
          AFX-Asia  -  70 words
        • Article
          Envoy named DBS Land director
          47 16 [SINGAPORE! DBS Land has appointed ambassador-at-large Cheng Tong Fatt a non-executive director, with effect from yesterday. Mr Cheng, 69, served as permanent secretary of the Administrative Services until May 1989 and then became Singapore's ambassador, first to Japan and then to China.
          47 words
        • Article
          Lock icon Hospital Pantai buys into Tongkah unit
          69 16 Bernama [KUALA LUMPUR] Tongkah Holdings has agreed to sell its 51 per cent stake or 3.57 million shares in Tongkah Medivest Sdn Bhd to Hospital Pantai Bhd for 35.7 million Malaysian ringgit (5515.3 million) cash, giving it an estimated capital gain of RM30.4 million.
          Bernama  -  69 words
        • Article
          New chief operating officer at CMB
          43 16 [SINGAPORE] CarnaudMetalbox Asia president and chief operating officer Michael McKenna has resigned to become vice-chairman of holding company Crown Cork Seal Co Inc. He will be replaced by John W Conway, previously executive vice-president of the Americas.
          43 words
        • Article
          Wassall, Scotts executives quit
          65 16 [SINGAPORE] A senior executive of Wassail Asia Pacific and two at Scotts Holdings have resigned. Wassail yesterday said Craig Wilson, formerly managing director of its York Group of companies, resigned with immediate effect. Scotts said Tay Kheng Tiong, general manager for information technology, resigned on May
          65 words
        • Article
          UOB, Keppel Finance loses directors
          52 16 [SINGAPORE] A director of United Overseas Bank and United Overseas Insurance, Tan Kong Piat, has retired while the executive director of Keppel Finance, Ong Sing Pang, has died. Mr Tan retired when the bank held its annual general meeting last Saturday. Mr Ong died on
          52 words
        • Article
          Pacific Media sells Asia Internet stake
          70 16 [LONDON] A 50 per cent-owned associate of Pacific Media pic has sold a 5 per cent stake in Asia Internet Holding Co to Itochu Corporation of Japan for US$3 million (Sss.l million). The associate is Singapore-based Pacific Supernet Pte Ltd and the book cost
          70 words
      • Article
        Lock icon Travelers to pay 220b yen for 25% of Nikko Sec
        434 17 Daiwa Securities up on rumours it may be next brokerage up for grabs Bloomberg Reuters [TOKYO] Travelers Group Inc will buy a 25 per cent stake in Nikko Securities Co, Japan's third-largest brokerage, for 220 billion yen (552.7 billion), the
        Bloomberg; Reuters  -  434 words
      • Article
        Lock icon MAS to raise RMl.8b for investment: report
        139 17 AFP [KUALA LUMPUR] Malaysian Airline System Bhd (MAS) hopes to raise 1.81 billion Malaysian ringgit (*****.8 million) for capital investment in the year to March 1999. The Malaysian Business Times newspaper said yesterday MAS would raise the funds by disposing of old aircraft
        AFP  -  139 words
      • Article
        Lock icon Yamaichi liabilities exceed assets by 22.6b yen
        231 17 Bloomberg [TOKYO] Yamaichi Securities Co, Japan's fourth-larg-est brokerage before its failure last November, said yesterday its liabilities exceeded assets by 22.6 billion yen (*****.6 million) as of March 31, the end of its business year. The brokerage is in the process of returning
        Bloomberg  -  231 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Monsanto, American Home in US$34b deal
        172 19 Bloomberg [MADISON, New Jersey] American Home Products Corp and Monsanto Co said they will merge in a U5534.4 billion (5J58.2 billion) stock swap, as the makers of pharmaceuticals, seeds and herbicides join forces to better compete. American Home will swap 1.15 of its shares
        Bloomberg  -  172 words
      • Article, Illustration
        Lock icon Trump, Conseco buy GM Building for US$800m
        323 19 Trump, insurance company are equal partners in purchase of Fifth Ave building Bloomberg [NEW YORK] Donald Trump and Conseco Inc, an Indianabased insurance company, bought the landmark General Motors Building in midtown Manhattan. The 1.9 million-square-foot, 50-storey GM Building, on Fifth Avenue across
        Bloomberg  -  323 words
      • Article
        Lock icon IBM sourcing system for US retailers
        275 19 Reuters [NEW YORK] International Business Machines Corp intends to set a standard for how retailers shop to fill their stores and curtail "bad buying", which costs the industry an estimated US$l7O billion (*****.3 billion) in revenues. IBM is introducing a service to the US,
        Reuters  -  275 words
    • FINANCE & COMMODITIES
      • Article
        Sino-foreign mutual fund rules to be unveiled soon
        613 20  -  Jane announcement expected on opening of A-shares, T-bills to foreign funds By Lu Ning [SINGAPORE] China is ready to unveil its first set of Sinoforeign mutual funds rules, giving foreign funds access to the lucrative A-share and treasury bond markets, says a
        613 words
      • Article
        Oil demand in Asia seen steady
        628 20  -  Consumption drop amid region's turmoil may not be as sharp as widely believed, say two experts From Ronnie Lim in Kuala Lumpur OIL demand in Asia is not about to collapse because of the region's financial turmoil, some 600 industry officials attending an oil
        628 words
      • Article
        Lock icon New Arthur Andersen appointments in Asia
        124 20 Bridge News [HONGKONG] Accounting giant Arthur Andersen announced yesterday several new management appointments to its Asian operations. Terry Hatchett win serve as area managing partner for Asia-Pacific. Coming from the United States, Mr Hatchett will be based in Tokyo. He will report to Jim
        Bridge News  -  124 words
      • Article
        Lock icon JGBs at record high on short-covering
        215 20 SXXEXReport Reuters [SINGAPORE] Simex Japanese government bond futures (JGBs) closed at a record high while Euroyen futures surged yesterday, mainly on technical factors amid cautious sentiment. June JGBs shot to a new high of 134.03, up 0.41 point. Volume was active at around 825
        Reuters  -  215 words
      • Article
        Futures fall again on earnings worries
        172 20  -  MSCITAIWAN FUTURES Charlie Kuo Charlie Kuo, service dealer, Refco Singapore [SINGAPORE] The Simex MSCI Taiwan Index futures continued to plummet amid fears of declining corporate earnings and a falling New Taiwan dollar. The fall in US stocks last Friday also contributed to the pessimism.
        172 words
      • Article
        Lock icon Oil slips as UN chief okays Iraq's plan
        262 20 ENERGY REPORT Reuters [LONDON) World oil prices dropped yesterday as dealers anticipated no more than a short disruption in the flow of Iraqi oil under a renewed exchange programme with the United Nations. Benchmark British Brent blend fell 24 cents to U5514.23
        Reuters  -  262 words
      • Article
        Lock icon CURRENCY REPORT
        303 20 AFX-Asia AFI London THE dollar remained well-bid against the yen in late trading as the market eyed an imminent breach of the 140-yen level, but weaker-than-expected US data appeared to postpone the move, dealers said. The dollar moved to its highest level since July 1991 in the morning
        AFX-Asia; AFI  -  303 words
      • Article, Illustration
        Untitled
        1176 20 INTERBANK CROSS RATES Jun 1 C< tab ECU Ffr Dw NK$ Igj 8s Nph* Yon Won til M2$ftfc8i Hto S$ !■< Sfr MT$ tot* Hmt KSS c£S* 1109 0J0 £22 °<3Z iiS IS 55 2iS H2 *515 ***** 1047 1202 a9B ***** 5* *-Jr? W" W 1219 5217 28.610 79.111
        1,176 words
    • Article
      COMMODITY PRICES
      1802 21 SICOM FUTURES RUBBER (Marts cIosmq «t 5.30pm) RSS1 CONTRACTUS cmtiAg) close Volume Opm Month Hj?j! Low Sett (tonnes) Interest •W98 '27.00 127.00 127.00 50 1365 127.25 2065 S«P 98 128.00 128.00 128.50 600 1215 Oet/Dec 98 133.00 4725 ***** 141.25 137.75 150 1350 99 141.25 75 RSS 3
      1,802 words
    • Article
      WORLD STOCK MARKETS
      2242 21 LONDON -a i nan si rials Jaa I PMCI 31 Group 626.000 -8.000 AS Ports 352.400 0.400 Abfcey National 1090.000 -2.000 Allied Domecq 6)0.000 -1.000 Am»c 194.400 1.000 Aid! Group 181.600 -0.400 BAT Ind 554.000 2.600 BO Pie 315.000 -1.000 BICC 165.400 unch BOC Croup 974.000 4.000
      2,242 words
    • Article
      Lock icon TOKYO
      1641 21 Bloomberg Q Nikkei 225 -34«.75 JAPAN'S benchmark stock index fell in its biggest one-day drop in three weeks, led by electronics makers such as Hitachi Ltd following the decline in US markets. "When US stocks fall, it's a real psychological blow to Japan," said Norio Suzuki, investment manager at
      Bloomberg  -  1,641 words
    • Article, Illustration
      Lock icon HONGKONG
      1513 22 AFP QHan|Seng -***** STOCKS closed sharply lower yesterday, shaken by local and regional economic tremors and brokers said prices were likely to remain weak in the near term. The Hang Seng Index finished 322.55 points, or 3.61 per cent, lower at 8,612.01, just off the low for the day
      AFP  -  1,513 words
    • Article, Illustration
      Lock icon CHINA
      598 22 Reuters CI Shenzhen B Index -0.21 CHINA'S hard currency B shares closed lower yesterday as sentiment was hurt by sharp falls on the Hongkong stock market, brokers and analysts said. "Falls on the Hongkong stock market hurt investor confidence in Shanghai," one local broker said. "Both domestic and foreign
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  598 words
    • Article
      Lock icon TAIPEI
      379 22 AFP Index -297.09 TAIWAN stocks plunged 3.8 per cent yesterday to a fivemonth low on panic selling amid jitters over the depreciation of the local currency and weak sentiment in the technology sector, dealers said. The Weighted Price Index dropped 297.09 points to 7,606.25, the lowest level since January,
      AFP  -  379 words
    • Article
      Lock icon SYDNEY
      595 22 AFP Q All Ordinaries -2&6 AUSTRALIAN share prices ended one per cent lower yesterday in thin trade on the back of slumping Asian bourses, brokers said. The All Ordinaries Index fell 26.6 points to 2,689.1. National turnover totalled 231.88 million shares worth A 5697.75 million. The All Industrials Index
      AFP  -  595 words
    • Article, Illustration
      Lock icon JAKARTA
      717 22 AFP n Composite Index -6.38 JAKARTA shares fell 1.5 per cent yesterday in line with regional market weakness amid profit taking on selected blue chips, dealers said. "It has been mostly profit taking," said a dealer with a local brokerage, citing telephone monopoly Telkom and cigarette maker Gudang Garam
      AFP  -  717 words
    • Article, Illustration
      Lock icon BANGKOK
      794 22 AFP n SET Index -1156 THAI shares slumped 3.9 per cent at the close yesterday, hitting a new 10-year low as investors fled bank and finance stocks amid fears of a fresh regional downturn, analysts said. "There seems to be a growing air of panic. Japan seems to be
      AFP  -  794 words
    • Article
      Lock icon MANILA
      307 22 AFP n Manila -15.4 PHILIPPINE share prices fell 0.8 per cent yesterday, sending the headline index below the psychological 2,000-point level, as foreign funds stayed away due to regional economic concerns. The Philippine Stock Exchange Index shed 15.4 points to 1,996.05 in thin trade. Volume fell to 310.59 million
      AFP  -  307 words
    • Article
      Lock icon SEOUL
      410 22 AFP rl Composite Index +4iT7 SOUTH Korean share prices closed 1.4 per cent higher yesterday as sentiment improved slightly with the end of a nationwide strike last week, dealers said. "Retail buying appeared to reach its limit, while foreign investors and institutions maintained selling bias, offseting most of the
      AFP  -  410 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8589 23 INDUSTRIALS Consumer products Last Vol Day Nat Cap Hlqli Low Company Sale OOO High Low P It $mll 310 180 Ajinomoto 232 12 8 94.0 148 62.5 Angkasa 63 -4 28 67 62.5 1.5 92.9 290 123 Apollo Food Hlq 160 4.7 64.0 388 190 Berjaya Land 235 -13 114
        8,589 words
      • Article, Illustration
        Lock icon Market dives 3.8% as GDP shrinks
        398 23 AFP Q Composite Index -2024 MALAYSIA'S key stock index slumped 3.8 per cent yesterday as investors turned cautious after data showed the Malaysian economy shrank 1.8 per cent in the first quarter, dealers said. The Composite Index finished at 518 points, down 20.24 points.
        AFP  -  398 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3659 24 BONOS. LOANS t WARRANTS wt J" 8 Last Vol Day Last Quoit Avg "P stno Company Sato *or- COOO) High Low Buyor Sailor Prico 23.5 9 m 3000 m AMDS cS.5%*****6 12.5 T jo 13 20.5 8 3160 "Acor ******1 USS 8 7 tl 95 8.5 3164 Acma ******4 16
        3,659 words
      • Article
        L-Jacob wrt fails to meet expectations
        194 24  -  WARRANT WATCH -By R Sivanithy THE stock market has become so bearish that shares seem to be falling nonstop day after day. So it is no wonder that warrant investors are demanding better odds before they put their money down. This means that, besides
        194 words
    • Article
      CLOB INTERNATIONAL
      2409 24 Transaction date Jun 1 MALAYSIAN STOCKS Cr Or >998 Last Vol Day Last Quota D«v Otv VU Nat M Cap High Low Stno Company Sale COOP) High Low Buyaf Sailor H Cvf H P/E $m» 135 28 m» 5000 AISB50C 50.5 -3 209 52.5 50 50 50.5 5.0
      2,409 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6573 25 Transaction date: Jiui 1 Cr Gr m Wt Mtoh'*® 8 UH Vo( Day LMt Ouoti Otv Div Yld N.t Cap Avg L# StNo Company Sal* COOP) High Low Buyer Sailar C'vr H P/C SmN Price INDUSTRIALS 43 16.5 a 1020 ACE Dynamics60c.... 17 cd
      6,573 words
    • Article
      SESDAQ
      1175 25 Ult Vol Day LMt Ouotc ON otv YW Not Can Avl t** StMo Company Salo COOOt Low Buyor S«»or C'vf P/E Smii Prlco 134 79.5 2000 ABRHidgsSc 79.5 -2.5 2 79.5 79.5 78 90 38 8 81 243 76 2049 AS Auto IOC 100 -14 129 114 99 100
      1,175 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        218 26 Stocks Volume Easyknit HKIOc 23,890,000 •MBf Capital 7,677,000 SingTel 15c 6,970,000 *M Resources 5,902,000 Hotung Inv NT5 5,055,000 •RHB Cap Wt99 4,994,000 DBS Land 4,050,000 'Rekapacific Bh 3,955,000 DBS Foreign 3,295,000 OCBC Foreign 2,807,000 Stocks DBS Foreign 32,359,658 SIA Foreign 21,033,024 OCBC Foreign 18,363,480 Creative T 25c 16,897,152 SingTel 15c
        218 words
      • Article, Illustration
        HOT STOCK
        77 26  -  -by\ Shiv Taneja DAIRY Farm International Holdings closed five US cents lower yesterday at US$l.O5 on a volume of 1 66 million shares, compared with its 10-day traded average of 1.74 million units. The counter has fallen below the US$l.lO support level, and according to the daily and
        77 words
      • Article, Illustration
        Lock icon Market shrugs off news of STIC-Sembawang merger
        677 26  -  STOCK MARKET COMMENTARY Property, bank stocks fall further as recession fears seep in; not helping is news that govt will not ease property curbs By R Sivanithy [SINGAPORE] Led by property and bank stocks, the local market suffered another beating yesterday because of
        Chart  -  677 words
      • ON THE GRAPEVINE
        • Article
          Beit-loosening
          162 26 AMIDST the doom and gloom, at least one restaurant in Singapore doesn't believe that recession is just around the corner, at least judging by its prices. Morton's the Steakhouse at The Oriental hotel, which opened its doors recently, presents a menu with breathtaking prices. Its various potato dishes, such
          162 words
        • Article
          Stunned by recession
          118 26 A SINGAPOREAN working in Hongkong had this point to make recently. She said with recession hitting Hongkong, the resilience of the people there will pull the economy out much faster than Singapore. "Although things are bad in Hongkong, yet I can see people moving about, doing all
          118 words
        • Article
          Still hiring
          87 26 AT a time when corporates are looking hard at their overheads, and finding ways to keep their wage bill in check, Nicholas Applegate Capital Management Asia is hiring three people, in this instance. The local arm of the US fund house said they have hired a trader, a
          87 words
        • Article
          Playing it cool
          120 26 WITH temperatures soaring to 34 and 35 degrees Celsius, many Singaporeans dash off to air-conditioned shopping malls, cinemas and restaurants to escape the heat. Or some may just take a dip in the swimming pool. A new way to cool off has been suggested get out of
          120 words
        • Article
          Heard of King Camdessus?
          28 26 OVERHEARD in the Hongkong stockmarket yesterday: Cash is no longer king, it is God. So who is king? Michel Camdessus, came the pat reply.
          28 words
        • Article
          Scholarships galore
          128 26 SEEMS the benign effects of the long US economic boom is being felt in the schools too. Prep schools that's boarding schools in the rest of the English speaking world in the US have never been so bombarded with applications for places. At U5525,000 (5542,275) a year, a
          128 words
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      Page 15 Advertisements Column 1
      96 15 <*» ■4-. i mMi -Vg ft} A COMPANY'S STRENGTH LIES IN THE Backbone of its staff. The Trend Line TL 3390 is good value you will just have synonymous with healthy seated to sit down! posture at an attractive price. Thanks to the Ergo-Ralax feu- Dauphin (S.E.A.) Pta Ltd ture,
      96 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      526 16 HI magnacomp international MAGNECOMP INTERNATIONAL LIMITED NOTICE IS HEREBY GIVEN that the second Annual General Meeting of the Company will be held on Wednesday, 17 June 1998 at 2.00 p.m. at Fort Canning Country Club, 11 Canning Walk, Singapore *****1 for the following purposes: AS ORDINARY BUSINESS 1. To receive
      526 words
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      Page 16 Advertisements Column 2
      140 16 Canadian International School Come and join more than 40 different cultures for a truly international education. We offer: Early childhood education (age 3) to pre-university Internationa] jT ijSiPk 5 Toh Tuck Road Singapore *****9 T«< (OS) 467 1732 Fan (65) 467 17?9 Intarnat: hitpy/home pacific net E-mail cwSOcOn-intl adu ag
      140 words
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      1140 17 P SAN TEH LTD k lU* (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of the Company will be held at its registered office, San Teh Industrial II Building, 100 Eunos Avenue 7, Singapore *****2 on 18
      1,140 words
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      Page 17 Advertisements Column 2
      280 17 i m f*C j^v A INTRODUCING E-BUSINESS TOOLS FROM IBM. DESIGNED, NOT ASSEMBLED. THOUGHT OUT, NOT PATCHED TOGETHER. IBM THINKPAD 600 SERIES V Today, e-business is business Period. Which means your road warriors need access to your company's resources. We built the new ThinkPad* 600 for them.As with the rest
      280 words
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      162 18 SIEMENS PERFORMS PERFORMS WHEN YOU WANT IT TO. 1 fl >■ y R^jf/^jgnr' j Tt M t/liilll j, if^fei*'v-rf^jgt\^i^ ADVANCED SIMPLICITY FOR ASIA. To find a business 150 years of Siemens technology have gone into making partner who understands the simplicity and complexity of it exceedingly simple to operate. And
      162 words
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      Page 19 Advertisements Column 1
      246 19 a**. IHRHirSKvWiiIB i I r Telstra has a new client. The Sydney 2000 Olympics. resolution than we've ever seen before. The job at hand is the first fully digital transmission of an None of this was possible, until lelstra applied the same Olympic Games and will enable voice, data and
      246 words
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      Page 19 Advertisements Column 2
      398 19 Up to 2-way. 400 MHz Pentium' II processor /Up to IGB SDRAM ECC memory 100 MHz front-side bus speed (©business tools The server is the engine that drives e-business When it powers business-critical operations, it needs to be reliable The bulletproof design of the new Netfinity* 5500 delivers on this.
      398 words
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      Page 20 Advertisements Column 1
      124 20 I Established and Profitable I 1 Restaurant Business for sale f J As a Franchise concern I 1 Franchisor of existing successful restaurant f i units in Singapore are seeking investors to run 1 an established unit/s in good location/s. The m 1 new owner/s will be trained and guided
      124 words
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      Page 20 Advertisements Column 2
      30 20 fSHMm If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. Another Classified I C K »I Service
      30 words
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      Page 20 Advertisements Column 3
      14 20 The Straits Times Classified Where ZJI by advertising y^ r g ara s e
      14 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      51 22 Buy It. Sell It. Find It. Classified. Call Today For Results Tomorrow. i\66 ♦The New Zealand market was closed yesterday for a holiday f oun dacarpool| Wm F through The Straits \V&rmm*W^k > i Times Classified. > They help me m y p art to save the earth. J ■Jr
      51 words
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      Page 23 Advertisements Column 1
      85 23 V^i>>\ Ur Corporate celebrations are opportunities to have a total communication approach in enhancer T JT, i"9 your company profile to your business C M associates and customers. It may be a grand f opening, launching ceremony, company anni|Mp versary, ISO certification, ground-breaking E ceremony or a topping-out ceremony. It's
      85 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      63 25 calling about f See...l told\ The card we're^v f the computer 1 you this was a J making for Susan l advertised in J deal./ Yup, we got what V is going to be J Straits Times we wanted because real nice! Mk v 'JtSffi- —i Buyins r «****> The
      63 words
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      Page 26 Advertisements Column 1
      824 26 BPSIjmSS^ OtiCeS To advertise call toll-free 1800-741 1883 Notice of Annual General Meeting Flextech Holdings Limited k that the Fifth Annual General Meeting of the Company will be held at The Board Room, Flextech Holdings Limited, 81k25 Kallang Avenue *03-01, Sinqapore *****6 on Friday, 19 June 1998 at 10.15 am
      824 words
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      Page 26 Advertisements Column 2
      359 26 Ahe companies act chapter s(\ SECTION 290<2Kb) NOTICE OF RESOLUTION SUN HUNO KAI TRADING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting ol Sun Hung Kai Tradmg Re Ltd held at 16 Rattles Quay. #42-06 Hong Leong Building. Singapore *****1 on the 26th day of May 1998.
      359 words
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      Page 26 Advertisements Column 3
      451 26 HOTEL ROYAL LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING is V! RE BY CIV^ N I hd i ,he 2 f th nnudl General Meeting of the Hotel Royal Limited will be held at the Royal Suite, Level 15, Hotel Royal, 36 Newton Road, Singapore
      451 words
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      Page 26 Advertisements Column 4
      410 26 THE COMPANIES ACT, CAP. 50 HIGHFIELDS INVESTMENTS PTE LTD (In Voluntary Winding-up) At an Extraordinary General Meeting of the abovenamed company held on the ,29th day of May 1998, the following Special Resolution was duly passed: 'THAT the company be wound up voluntarily pursuant to Section 290(1Kb) of the Companies
      410 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      318 27 Bridge News Reuters The freight market report was not available. FKztares TANKERS* In continuation of the downward trend seen in this week's trade for West African Suezmaxes heading toward the US Gulf, market experienced lower levels, with rates falling as low as ws 67.5 for 130,000-tonne cargoes. The
      Bridge News; Reuters  -  318 words
    • Article
      MARITIME STOCKS
      271 27 mmmmmmi•«» *»J S> CWT Distribution 0.49 -0.03 40 ChuanHup 0.40 *004 82 Cosco Investment .0.74 FroigM Link* 024 -OlOI 222 GBHoidings 0-27 unctt 1 Mai Sun Hup 0.44 -0.045 209 Hitachi Zosan 0.43 -0.02 48 IMC Heidtags HK 5.60 MoWngs 0J95 -0.P0S 11 Jurong Shipyard 7.45 -0.05 2
      271 words
    • Article
      Indon crisis will worsen box shortage in Asia
      509 27  -  Container imbalance affecting intra-Asian feeders and mega carriers alike: report By. Felix Chan [SINGAPORE] The current economic haze of uncertainty shrouding Indonesia will aggravate an increasingly acute container imbalance in Asia as regional port operators and shipping lines suffer the fallout. "How
      509 words
    • Article
      Lock icon Global lines feel impact of Asia turmoil
      575 27 Volumes are lower, rates for dry goods freight down Reuters [SANTIAGO] Large global shipping companies have felt the sting of the Asia crisis in the form of less volume and lower rates for their dry goods freight, industry experts said. "We've been affected
      Reuters  -  575 words
    • Article, Illustration
      Lock icon Launch pad to outer space
      57 27 [ST PETERSBURG] The Russian Odissey platform at the moorage in Vyborg outside St Petersburg. The platform was designed to launch space rockets and artificial satellites into space from a water bos* The platform of the joint international project 'Sea Launch' was Kvaerner group as well
      AFP  -  57 words
    • Article
      Manila's South Harbour operator renews contract
      435 27  -  From P T Bangsber in Manila DESPITE a sharp slowdown in business, expansion plans remain in place at the smaller terminal operator in Manila. Asian Terminals Inc has just extended its contract as sole cargo handler at South Harbour for a further 15 years
      435 words
    • Article
      Lock icon Estonia owners will not sue shipbuilder
      179 27 AFP (STOCKHOLM] The owners of the Estonia, the Baltic ferry which sank in 1994 with the loss of 852 lives, are not to sue the German shipyard which built the vessel. Sweden's Nordstroem och Thulin company and the Estonian state shipping company Esco said
      AFP  -  179 words
    • Article, Illustration
      Lock icon GE, Pratt agree to team up
      668 28 AIRBUS A32C2C ENGINE Two of world's major engine makers join up to supply an engine for Airbus Industrie's proposed supeijumbo plane Bloomberg [TOULOUSE] General Electric Aircraft Engines and Pratt Whitney have agreed to join forces to supply an engine for the Airbus Industrie's proposed
      Bloomberg  -  668 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      203 28 PACE Djafc Lloyd 9 ACL 9 Dongnama 3 AML 3 "I 5 Accord 8 6 Append* 5 turoh4 «Ajtro 3 £»*»<«" •Austral 9 Foo 8 BSA 7 GLl1 4 Gemartrans 8 Mijfnmoo r B#ys ter 6 22L 2 CCNI 7 6 Hanim 3
      203 words
    • Article
      Shipping Guide
      25387 36 thebusinesstimes thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Oest'n Name Name NumOer Number SIN Oest'n Name Neme Number Number a To BANJUL (BJL) 2040 Gambia To ABIDJAN (ABJ) 2003 05/04 u/07 saieroute Hyundai baron iuw 45-*****22 IVOry COaSt, COte DIVOlre
      25,387 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        819 41 V«j«l Voy No B«fth Arrival Departure J*ra*6 M 8R»*c» 00* JO* Momjwk OHM/WOO M tarU* UUM6 M a*M«ii4t 02 04/0700 R C Sartou *****0 J01 oongww 02.04/0100 >« Mm *****0 J01 «on,s«tt 02 06/0100 Rtiusr own JOI i—tuk 02.04/0100 M (MM J JUKI JOI SonfiKf 02 06/0400 4A/96
        819 words
      • Article
        CONTAINER SCHEDULES
        1766 41 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Bookinq/EUUnce Rstls Ship Voy No Etb/Btr Period From To From Uku S2M 04/0700 U 01/7500 01/1659 OVHOO 01/1500 ov*m ovhoo U 01/1700 02/0659 02/0900 21 01/1700 02/0659 02/0*00 3 02/0700 02/1159 02/M00 4 02/1200 02/1459 02/1700 *t« Sow 12* 04/0700
        1,766 words
      • Article
        GLOBAL HOLIDAYS
        168 41 Jon S Denmark: Constitution Day. Jon Malaysia: Birthday of HM the Yang di-Pertuan Agong Birthday of Prophet Mohammed. South Korea: Memorial Day. Jan 8 Australia: Queen's Birthday Holiday. Greece: Orthodox Pentecost holiday. Jon 10 Portugal: National Day. Jon 11 Austria: Corpus Christi. Portugal: Corpus Christi. Juntt Philippines: Independent
        168 words
      • Article
        COCKETT BUNKER MARKET REPORT
        900 41 •mis report, compiled by Cockett Marine Oil Ltd. •hows price ranges in US dollars instead of single prices tor a more comprehensive description of the market Prices shown are based on average sixed stem Market movements are indicated The Cockett Bunker Price Index change and the
        900 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        439 41 180 Mu 992.2 10 IS O O.n 46 0.07 OtMltY Water hiMw Art kktmMum S»«i»wH No above £25 6 0 9 1 0 0 TMT M0 *<* 987.2 02 >6.6 0.06 32 0.03 Cjum 380 Mai 991.5 0.8 19.5 0.16 72 0 09 W<ri W —No
        439 words
    • A IRELAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Boeing aircraft output may exceed 550 this year
        462 42 Pl&nem&ker expects to maintain current output 0f550 a year through 2001 Bridge News [SEATTLE] Boeing expects output to remain at current levels about 550 commercial airplanes per year at least through 2001 and hinted that the company might top that number this
        Bridge News  -  462 words
      • Article
        MAS' image not hurt by Tawau crash
        395 42 Malaysian carrier has good 50-year track record: Transport Ministry [KUALA LUMPUR] Making public the report on the Malaysia Airlines crash in Tawau, Sabah, would not tarnish the image of the airline, Malaysian Transport Ministry Parliamentary Secretary Thor Chee Heurtg said. He said that
        395 words
      • Article
        MAS defers delivery of 9 aircraft; to sell, lease some jets
        385 42  -  By\ Felix Chan [SINGAPORE] Malaysian Airline System (MAS) has defered delivery of nine Boeing aircraft by as much as three years and would be offering nearly a dozen of its jets for sale or lease. Malaysia's largest airline said
        385 words
      • Article
        Lock icon Qantas raises stake in Fiji carrier
        106 42 Bloomberg [SYDNEY) Qantas Airways, Australia's largest airline, said it bought a further 28.6 per cent of Air Pacific, the national airline of Fiji. The extra share, which Qantas bought from the Fijian government, increases Qantas' stake in the airline to 46 per cent. The
        Bloomberg  -  106 words
      • Article
        Lock icon Air France pilots strike; many flights cancelled
        349 42 Bloomberg (PARIS] Air France pilots started a four-day strike yesterday, forcing the airline to cancel many of its flights, after union and management failed to resume contract negotiations during the weekend. Noriko Kitaoka, an Air France spokesman in Tokyo, confirmed pilots did not
        Bloomberg  -  349 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1530 42 cnr FUSMT CI* FUtWT PO U»m» 8*7381 1930 8*7382 205S 6««*ilwiWC SOM3 1905 (7354 0910 351 2045 $0804 1020 2220 Nam VN741 1310 VW740 1410 kmntritm W4327 0755 ***** 0040 WI743 1925 ***** 0755 U838 2300 Nat Yd TC407 1540 T6408 1635 "975 0020 mm aw
        1,530 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      24 27 GE, Pratt to team ap to supply Airbus engine Two of world's major engine makers will supply engine for proposed superjumbo plane. Page 2
      24 words
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      Page 27 Advertisements Column 2
      384 27 .....A fwpf? Yuwadae Pitawiwatta- David Halllday has been nanont has been promot- appointed chief executive of ed to business develop- Contship Containerlines. Mr ment manager for Air Halliday, who joined Contship in New Zealand and Ansett 1980, assumes overall Australia in Thailand. Pri- responsibility for directing the or to joing
      384 words
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      Page 27 Advertisements Column 3
      170 27 Boeing aircraft output may exceed 550 this year Planemaker expects to maintain current output of 550 a year through 2001. BackPage AN OPPORTUNITY TO CUT COSTS I E.W. LINER CHARTS PUBLICATIONS I NAUTICAL BOOKSELLERS I EXPERIENCED MASTER MARINER OFFERS WE SUPPLY BOOKS PUBLISHED BY: International Maritime Organization (IMO) Witherby ICS,
      170 words
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      907 28 |«JP«R SHUTTLE EXPRESS lOULF KARACHI IXPHMt (QIOQ vow« too I sw "rasa vot jea mm mm mo iam cm pm sm OOQomna nam M/OA 21/ M woiouoyddwai ITI 20/05 22/05 72/05 M/W M/M M/m M/M 07/ M OOaMfTA* 14W523 10/0* 21/04 mv*oo OK 27/05 21/ M 21/ M 31/ M
      907 words
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      Page 28 Advertisements Column 2
      595 28 /HMHk Uneeiservcesnepresemed iWK angapore Shtppng Association NEW ADVERTISER Find out more about their service: TUrn to Page 7 Shipping Times to us J Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 x Japan -2 x Hongkong -1 x Manfe •Ik KobAwwq, K—lung (Accupling FQ. to IKK/NAHA/gNDAI/CPU/tCH wSw)Hil«Grii«6 SSo W OBIt
      595 words
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      Page 29 Advertisements Column 1
      1038 29 1 SAX SERVICE (DIRECT) vtssa voy sura ux m m~ hod ax mbw m wrc AftTOUtttAUW 017! 03/06 22/06 21/06 22/0* 23/06 22/06 23/06 23/0* 24/06 24/06 m.)M 0031 10/06 2S/06 29/06 29/06 30/06 29/06 30/06 30/06 00/07 00/07 RHQMBBT 0171 17/06 02/07 06/07 06/07 07/07 06/07 07/07 07/07 10/06
      1,038 words
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      Page 29 Advertisements Column 2
      1857 29 HANJIN SHIPPING HANJtN SHIWMG (S) ME ITD tap //mm bp com OOOUNG 32*0235 237 SALES 32*0724 231 DOtUMOT 32*0271 274 OfEUIKMS 32*0241-252 MAIN UM *****55 FAX 272*H0 CI MO **********0 M TO NW USA CANADA USA fANAPA' km vst /"vot MM aw unikaui/vot SCA I nw pa roi m m
      1,857 words
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      Page 29 Advertisements Column 3
      389 29 ■^gjgniflsniiiEnnißEliHinßßPEEffiEEßEnnßMEEiinzHnnsM VESSEL W_ JM_ PW WT SM HB ffi 181 PUS |VKSa IW 1 SIN I*6 1 |J!LI JfL 1 UK HONGKONG MIS 31/05 02/0* 001* 03/0* 17/ M W/ttt 11/0* 12/0* iMH Iwffi ufffi 18% If^ll O>TC PUSAN OCA t>S/0t 12/0* 14/0* 14/0* 17/0* tMTf tmUNC j I 1
      389 words
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      1317 30 DSR-SENATOR LINES TO UK/CONTINENT TO RED SJEA/MEIHTCRRANEANC!ANADA VOY LiH IW Ml HW W (U VOT Ml JH) BfT Iff KM VIC MTW HMUN MALTA WNC3 B 2* M S M O N Hi 77 H CAUFOMBA SENATOR «MtH H M lIH MM Si 21M ■07 TMOtiTENBTY WQOM MM 2*.M (7H
      1,317 words
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      Page 30 Advertisements Column 2
      1144 30 MY YML ntorn t Site trttp: //wwwymJ.cofntw uniMLMMiminnEMnMMnEiMinsniss^mn umrmi M, nnur ««a vor leh fcr ham amr hfa IW MING MOON ABls€ SLD SLO SLD SLD 1&05 n?** DOVER BR ABI6E SLD 14*5 sX ItS MING STAR ABI7E 20*5 21/05 23*5 2MS S m aJSI" 28/05 30/05 01A)6 09/06 23/06
      1,144 words
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      Page 30 Advertisements Column 3
      389 30 LINE S7 Tilt MIS4M FAX) IStllll I MUARA 1 1 LABUAH I vissa vor rro n* vbsr m m m I SPOM MUAIA SPOKE IN I inosra vi4t/oo su> 04/ m innsrat vw/o« su> os/m I VMGUXY V1«/W 04/ M 07/04 MtOOnr V1«/N 04/00 00/04 I inosm vi st/oo io/m
      389 words
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      Page 31 Advertisements Column 1
      1225 31 VESSEL VQY SIN POU PKO PEW BLW BUR DUB BA BIK IRAN VAHDAT PJL 1284 21/05 30/05 IRAN TAKHTI PJL 1286 01/08 10/08 11/08 IRAN TEYFOURI PJL 1287 08/08 17/08 18/08 IRAN MOBIN PJL 1293 20/08 29/08 30/08 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I
      1,225 words
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      Page 31 Advertisements Column 2
      1218 31 o w i to SHAN6NAI& XINCAN6 I WW" SHIrrINC PTE LTD #17-01 MS lIOG SALES/IKGS *****41/43 INWARD DEPT (D/ 0) *****85 COSTAI IfiCHflEf /Mi (Ml Klin mo (oyy>9) T/SWHMT DEPT ggg gS^MIIiS: mm [£7I 13* Uwm So* w m*u±va«**/*m BJ? gg ™ss n* !Eg? i« S£ S£ •*<***,« SSSST 1
      1,218 words
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      Page 31 Advertisements Column 3
      576 31 I'ltr-, EASTERN CAR UNIR, ITO.'H.'sfa.r I |fcj Ea (aw6APo«t) mHP LjggjUg W «o«o Ht*yr ur urro im tohs] KL (SIM6ATOKEI fTt UP LOADING FOR LONO I HO CHI MINH/HAI PHONO/BINTUUJ MV "COSMIC MASTER" V.50 MV "ORIENT ROSE" V.25A ETA SN 05/06/98 EU LONG BEACH 06/07/98 ETA SIN 04-05/06/98 ETA HCM
      576 words
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      Page 32 Advertisements Column 1
      1221 32 EUROPCAiK/SCANDtWAVtA/FiNiAMO/WUSStA S6P DOM MM HS6 THP BE LH* I LHV THP ROM ANW MSG PKL SSP "ACER RW-522 MM 2S/0S «/«7 27*6 2MB 38*6 Sl/S7 IE GOODS RE-SSI 26*6 27*6 26*6 2MB 22*6 I. DECENT RW-SB4 13*6 OM7 17/17 BM7 95*7 08/07 E GLOWING RE-044 IMS 12*5 IMS 11*6 ISMS
      1,221 words
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      Page 32 Advertisements Column 2
      547 32 p.oSSL'^i^r HVAJ CWIIO.IWWHIW MU: (694) *****9 MAMUL (632) *****24 PENANQ: (04) *****36 BANGKOK: (663) *****67 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKT. (21) *****07 MON: (81) *****3 KUCHHQ (082) *****1-3 MANILA MV "MARTRAVELLER" VIO7N ETA SIN: 5-6-98 I PORT KELANG MV "JARU BHUM" V 8361 ETA SIN: 4-6-98 USA/
      547 words
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      Page 32 Advertisements Column 3
      319 32 Ipm. nantai line FUUY CONTAINERISED SOVK2 TO MAURITIUS SOUTH AFRICA ygsa I VOT lan ruu 1 put |(W I i/uT umma tons ow 14/04 ?I/M MTOIDBIUS IQ77S 12/0> ?I/N WQ4 01/17 W»7 60U»l)tt6«l UK 11/04 27/04 Ql/P %/V mmrmiass tons n/M 13/y mi mraiouffli tons mi m i\/v m xw
      319 words
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      Page 33 Advertisements Column 1
      371 33 BSA mm MYANMA PBBk FIVE STAR LINE (Myonmar National Um) Loading for Yangon (Rangoon) VtSSII VOY SIN PRG PEN PGU BERG4X 143W SU) BAGO 102W SU) MALAYSIA AGENTS: lOUSTEAD SHIPPING AGENCIES KUL Ttl 02-03-*****00 PKL Til 02-03-*****01 PEN: TE 07-04-2****** PGO: TIL 02-07-*****21/4 BANK LINE (A mtHcq »l AiUmw WMr
      371 words
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      Page 33 Advertisements Column 2
      1181 33 A HYUNDAI MERCHANT MARINE CO. LIP. Ivessb vot I sm" "soul uh btm ant iham I brv m Ifvcsa vorl sou I uh »w »w hm> wv w I 81 NOICYPRINE OOSW 03/06 19/06 70/06 77/06 75/06 NOIOUS 0071 15/05 16/05 10/05 17/05 07/06 KTIAAON 313W 04/06 77/06 77/06 74/06
      1,181 words
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      Page 33 Advertisements Column 3
      1084 33 norwegon ipeciakzed aukxomen W£MJmLHEIMS£N 11 Xp)^(olC^ v mm l/h£s TO NORTH AND LATIN AMERICA RORO HEAVYUFT SERVICE" I VESSEL I VOY I RAMP HEIGHT SIN LAX CKL MIA SAV BAL ORF NYC WW MM TOM FSI2 400 Tom 6.3* "1W 08/07 VF]Vi 2070T M7OT M7OT «7oT "2*767" TtfoT Wol~ TARONGA
      1,084 words
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      Page 34 Advertisements Column 1
      673 34 BANQKOK/LABM CHAIAWQ JAKARTA/PAN JANG VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN BANIBHUM 100N In Pt 06/08 06/06 VIRA BHUM 213S ~n Pt 06/06 04/08 KITIBHUM" 56N In Pt OS/06 THANA BHUM 289S MjDj 06/06 SINO OCEAN 0CN063 03/06 06/06 GURU BHUM SOS 03/06 07/06 NANTA BHUM" 396N
      673 words
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      Page 34 Advertisements Column 2
      400 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL *****68 FAX: *****64 TLX: R*****6 SINMER CR No: **********0W Receiving Cargo at PTI Pintulu I I Muini vtssa voy swim $*SS Mil* 1 Seria V9BIIE 06-07/06 13/06 MM VWIO/E tapi-03/06 01/06 "J* JWJ* l\/J* Ml* mm 0647/06 12/06 y
      400 words
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      Page 34 Advertisements Column 3
      827 34 A ACCORD A SMIPPIWO PTE LTD m: *****15 (40 Lio..) PAX *****30 KHTKUM (OSISO7IMI II tm WA OWECT ACCISS m *****55 (EXPOST BO04CJN0) MM tmum (07) SSI IS/7 H *****34 (EXPORT DOC), *****39 (IMPOST) roum (04) SSI 144$ wuutu (71)040 0770 I I mtw potT ita tin *>tT ha sw
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      Page 35 Advertisements Column 1
      396 35 INDONESIA NATIONAL LINE TO EUROPE I EXPRESS SERVICE m VOY fWWt AOWBDAM NIUWB MEM til *HTWtH VESSEL 22/07 27/17 OMIT K/M TO AUSTRALIA 1 PULL COWDUNPI SBRVICg ww IW'Wlffli bk! rrol wal ma\«h[f« Homumimwtai |m6§m|h6l 1W 2W 2VM 2M «WTB>HWWH VIM IgW -MMiM M «67 M 7 «w |iw im«|2mi
      396 words
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      Page 35 Advertisements Column 2
      1014 35 I_ ADVANCE CONTAINER LINES (PTE) LTD AP I 140 Cacll Street, #12-00, PIL Building, Singapore *****0 AA W Li TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL CR NO. **********0E OPERATIONS: *****6(V *****05 BANGKOK JAKARTA (Weetly »H« PAT/2 8l»t LCH/1 Sl« HIT) (S talllnga/WO) vissa voY an hoc vissa vor
      1,014 words
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      Page 35 Advertisements Column 3
      770 35 VFSBgLS VOY SIN Jg) MLA LEH HAM THP RTM ZEE I VILLEPeMIM Om V2BW (WW 12/ M 17/ M 22/06 21*08 2M06 2MM 27/06 I r DC TANYA T2BM QftQ6 17/06 22/06 aw 01/07 Q2/D7 0007 I V LED6TAURUB A2BW ia 28/06 30« 06/0707/07 08/07 OM7 o*o7 I 3~ V-LE
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      52 38 Dial 740-6000 on demand] —(Retrieve more schedules!) Press "V C _Jl\ Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number I your phone number Anoth* innovative service offered by eT The dOCliment Will be SHIPPING TIMES s MD
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      113 41 LEGEND; R Thunderstorm T emperotur. c X\ V Shower Weother Wind direction with speed in knots Ron V^/ Cloudy Sky Wov •»<» or* indicated by arrows wfcidi tty with the wind Ono ful circle represents calm or hght and vanoble winds 1_ One hoM Heche represents 5 knots H ch
      113 words
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