The Business Times, 4 June 1998

Microfilm: NL21196
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    11 1 TheBusinessTwes MITA(P) IKVI2/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, JUNE 4, 1998
    11 words
  • Article
    MARKET SUMMARY
    65 1 810 umao (+12.68) BT-SKI B7J3S (+12.08) VI ST (MP UM62.43 (+18.59) Utt3Jl (+11.55) QMAIKETMOOD: MMWni STOCK BASKET INDICES Wednesday Change KLSE COUP 526JJ6 +6.76 NIKKEI 16JJ47.9 -***** HANOSENQ 8,***** +221.86 SET INDEX 313J1 -043 JAKARTA COMP 392.61 *99 MANILA COMP —1J2&99 -17.09 TAIPEI WPt 7,643.20 +77 M SEOUL
    65 words
  • Article
    FINANCE
    72 1 FOBEX BATES USI SI US4 1.171 £(USS/SJper£) 1.636 1733 DM 1.777 0.940 YEN 137.7 uir MS 1908 9.428 HKS 7.749 0116 BART 41.75 9.94* RUPtAH 11.660 0.914* 'Sftoiteunta PUKE BATES SINGAPORE* 7.88 KUALA LUMPUR 11.60 JAKARCA 28.00 BANGKOK 14.75 MANILA 22.90 HONGKONG 10.25 TAIPEI 8.80 SYDNEY 8.45 TOKTO Jtn
    72 words
  • Article
    KL may allow foreign control of some brokers
    651 1  -  M'sian govt expected to lift ownership cap to 70% from 49% to help raise capital From Eddie Toh in Kuala Lumpur IN a radical move to boost the beleaguered stockbroking industry, the Malaysian government is expected to selectively raise the foreign shareholding
    651 words
  • Article
    HK property transactions slumped 51% last month
    430 1  -  But Friday's relaxation of curbs seen boosting home resales 20% in Jane From Quak Hiang Whai in Hongkong PROPERTY transactions fell by a hefty 51.2 per cent in May on an annual basis, reflecting the worsening Hongkong property slump. The Land Registry said
    430 words
  • Article, Illustration
    Lock icon My father-in-law, my wife and I
    491 1  -  Ongßeng Seng quashes rumours of rift with in-laws By < Conrad Raj [SINGAPORE] Who is Singapore tycoon Ong Beng Seng's main inspiration? His father-in-law, Peter Fu, who has survived cancer not once but twice. "I tell you my fa-ther-in-law has been my biggest supporter,"
    CHRIS LOH  -  491 words
  • Article, Illustration
    Lock icon Many home buyers may face 40% jump in loan payments
    650 1  -  By\ Siow Li Sen [SINGAPORE] Many home buyers will soon face as much as a 40 per cent jump in their monthly mortgage instalments when "promotional" housing loan packages expire. These promotional packages, introduced in 1995 during a fierce war
    Source: Bloomberg  -  650 words
  • Article
    Lock icon No Greenspan signal of rate change: bankers
    482 1 Fed chairman gives upbeat assessment of US economy Bloomberg [VIENNA] Federal Reserve chairman Alan Greenspan provided an upbeat assessment of the US economy without signalling any change in interest rates, according to eight bankers who heard him speak at a banking conference yesterday.
    Bloomberg  -  482 words
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      119 1 BBBDB Owb pbas Ml kali Plans to convert several Singapore hotels into condominiums are being delayed, P|l A setf-styled refcnner Indonesian President B J Habibie talks of the power handover and plans for the fiiture in his first press interview as president, Pg 8 I Km Marcelo Rios of Chile
      119 words
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      36 1 HKMA hints at negative Q2 growth, recession, Pg 7 HPL to sell two more hotels, Pg 2 A *8011 West, buy East' strategy, Pg 2 Private Jet sold because it was an expensive toy, Pg 2
      36 words
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      48 1 Little ohanoe of interest rates easing, say economists, Pg 3 m LE TEMPS CHANEL PREMIERE COLLECTION STEEL CHAIN BRACELET WATER-RESISTANT TO 30 METERS SCRATCMPROOF SAPPHIRE CRYSTAL MAOE IN SWITZLANO EXCLUSIVELY AT THE CHANEL BOUTIQUES: NQEE ANN C1TY.391 ORCHARD ROAD.SINGAPORE TEL *****20 ISETAN SCOTTS.3SO ORCHARD ROAD. SINGAPORE TEL *****21
      48 words
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  • FOCUS
    • Article, Illustration
      Lock icon HPL to sell two more hotels
      478 2  -  Le Meridien Singapour and Four Seasons Hotel in Milan are np for sale By i Catherine Ong THE Le Meridien Singapour on Orchard Road and the Four Seasons Hotel in Milan are two properties slated for sale as part of businessman Ong Beng Seng's
      FILE PHOTOS  -  478 words
    • Article, Illustration
      Lock icon A 'Sell West, Buy East' strategy
      1254 2  -  Having raised $150 m from divesting its assets in America and Europe, HPL is set to pick up some bargains in Asia Ryi Catherine Ong [SINGAPORE] TYCOON Ong Beng Seng's "Sell West, Buy East" strategy has so far seen more selling than buying. But
      FILE PHOTO  -  1,254 words
    • Article
      Private jet sold because it was an expensive toy
      360 2  -  I don't believe in form, he says, jet was a luxury, perk Conrad Raj [SINGAPORE] Businessman Ong Beng Seng sold his jet plane because it had become too expensive a toy to maintain, especially in today's economic climate which has seen
      360 words
    • Article
      Typically BS
      536 2 "Whatever they say, it doesn t matter to me. I know how much I have in my bank account." On the rumours about his health "To a certain extent, during the boom times, like everybody else we were a bit of a cowboy—shoot here, shoot there. We know
      536 words
    • Article, Illustration
      Lock icon A self-styled reformer
      1727 8 Habibie talks of the power handover and plans for the future in his first press interview as president NYT [JAKARTA] PRESENTING himself as the reformer that Indonesians have been calling for, President B J Habibie laid out an intricate election timetable on Tuesday that would keep him
      NYT; FILE PHOTO  -  1,727 words
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      Page 2 Advertisements Column 1
      144 2 Customer Support. We are the development company (not distributors), with a dedicated support team based in Singapore since 1993. i Accounting Software. I At FACT Software, we know how important it is to provide excellent support. H They go hand in hand. I This is why we have invested so
      144 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Grim outlook for labour market
      380 3  -  EYE ON THE ECONOMY Employment By* Carol Eng UNLESS the economic situation improves, labour demand which weakened significantly in the first quarter is likely to soften further, says the Ministry of Manpower in its first-quar-ter report on the labour market. Unemployment also looks set to
      Source: MOM  -  380 words
    • Article
      Association of financial planners in the offing
      501 3  -  Association will be self-regnlating body and a centre for training and certification Reports by I Shiv Taneja SINGAPORE'S fledgling financial planning industry is to get a boost with plans to form an association of financial planners. Sources say a five-member steering committee was
      501 words
    • Article
      Giving the profession worldwide clout
      205 3 FOUNDED in Denver, Colorado, in 1985, the Certified Financial Planner Board of Standards (CFP Board) is an independent professional regulatory organisation and a founding member of the International CFP Council. The board regulates financial planners by licensing individuals who meet its certification requirements. The International
      205 words
    • Article
      Centre to showcase Nordic high-tech to be set up here
      255 3 NSTB pushing for tie-ups with firms in Finland and Israel A NORDIC Centre to showcase cutting-edge technologies from Scandinavia will be set up in Singapore this year, boosting business ties between companies in Singapore and Europe. The centre will be
      255 words
    • Article
      Little chance of interest rates easing, say economists
      515 3  -  But borrowing rates unlikely to climb much higher as long as no plnnge in Sings By I Siow Li Sen INTEREST rates are unlikely to ease any time soon but if it's any comfort, they probably will not climb much higher, so
      515 words
    • Article, Illustration
      Lock icon Pidemco Land sells Beauty World Centre for $80m
      282 3 PIDEMCO Land has sold Beauty World Centre at Upper Bukit Timah for close to $80 million. The deal is part of a larger plan to rationalise the group's property portfolio, and focus mainly on prime projects. Pidemco's spokesman told BT recently that
      ARTHUR LEE  -  282 words
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      27 3 FREE! 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. CATS. Another Classified Service
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      Page 3 Advertisements Column 2
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  • TELECOMS CONFERENCES
    • Article, Illustration
      Lock icon Singapore One launched as commercial project
      404 4  -  Government will continue to support project np to $300 m in next few years By Toh Han Shih PRIME Minister Goh Chok Tong yesterday launched Singapore One as a commercial project, one year after he launched it as a trial project, but the government
      WONG KWAI CHOW/ST  -  404 words
    • Article
      Investors keen on MSC despite M'sian downturn
      269 4  -  By. David Boey THE Asian economic flu has failed to dampen investor interest in Malaysia's Multimedia Super Corridor (MSC). Indeed, officials tasked with making Malaysia's vision of creating an intelligent city, or Cyberjaya, a reality said the number of companies that have signed
      269 words
    • Article
      Train people, PM Goh urges telecoms, IT firms
      391 4  -  In return they could have greater voice in govts' policy making By 1 Teh Hooi Ling PRIME Minister Goh Chok Tong yesterday proposed a deal for private telecommunications and information technology companies: help train people and in return, have a greater say
      391 words
    • Article
      Govt dialogue breaks new ground
      176 4 APEC ministers yesterday held a no-holds-barred exchange of ideas with about 200 high-powered telecommunications executives in what was hailed as a ground-break-ing session. The forum marked the first time that an Apec ministerial meeting had allocated its very first working session of the programme to
      176 words
    • Article
      Digital TV panel's findings out within a year: SBA
      232 4 THE committee set up to look into the appropriate digital television standard for Singapore will make its recommendations within a year, said Lim Hock Chuan, chief executive officer of Singapore Broadcasting Authority (SBA). Mr Lim said the Singapore. Digital TV Technical
      232 words
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      Page 4 Advertisements Column 1
      24 4 Look what's ?ot Business UJeek, fkUJorld and Playboy talking (Hp!" Wk jH x J Wmk B S m m 1 <r> rjy I o
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      Page 4 Advertisements Column 2
      144 4 In adversity there is opportunity -for the enterprising 1998 Enterprise 50 nominations I are now open I Companies can nominate themselves by completing the official nomination I form. Companies must be home-grown, privately-owned and incorporated I under Singapore's Companies Act (1994 Revised Edition) with four years I v of audited
      144 words
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  • Page 5 Advertisements
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      497 5 i 'Ti*' i 1 1!" fl 1 Imi i f*3 *£MEe< fri?^»rJP£ .fl l'"-*, «i 4*; Ij «*s <+ --.Inn I UK Sf 'inQ i Ml *i' a ..*>£&&. n 1 M l mm p i &**sgMfo» U h| .1 K j jm: fu P "7 -i .*l4l jM 1
      497 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Hotel owners put condo plans on hold
      528 6  -  Redevelopment being delayed until glut eases and sentiment improves By, Ang Wan May [SINGAPORE] THE conversion of hotels into condominiums which will add at least 1,000 new units in the prime areas is being delayed until the glut in the property market eases
      FILE PHOTO  -  528 words
    • Article
      House Hunt
      668 6 Property transactions for districts 9 and 10 (sectors 22 to 23 and 24 to 27) lodged between May 2 and June 1 1998 PROJECTNAME/ PROP CONTRACT TENURE 8UR.T-W PRKE PSf STREET MIME TYPE DATE LAND AREA* (SOFT) (SS'OOO) (S$) District 09 Non-lamM Adis Villas Apt 23/04/98 FH 1184
      668 words
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      Page 6 Advertisements Column 1
      278 6 for salmon. At Le Meridian (Olarence lay, our Executive Chef has jusJ returned from a fishing trip, with a fresh harvest of Norwegian salmon. When the Omega-3 enriched fish emerges from the kitchen, it promises he a plainsailing experience, from appetiser to main course. For starters, savour it raw, gratineed,
      278 words
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      66 6 1^23^^*****3^1331 J 5 mins walk to Toa Pay oh MRT Station .?r < Double road frontage at Lorong 4 5 Toa Payoh Land area: 44,510 sq ft Floor area: 25,000 sq ft Ground rent $12 Planning approval obtained for an 8-storey building of GFA 111,000 sq ft Sale Price: $9.8
      66 words
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      51 6 ■im, j JT-*- M ■BV MJ §WW* H I s m I'm an electrician. The Straits Times Classified brightens my business. TW I CATS. I 1800-737-1166 Call Today For Results Tomorrow. Locate its owner through Classification 821 (Found). Simply call CA.T.S. at 1800-737-1166 for this free service. t Another Classified
      51 words
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      152 6 SHOWROOM/FACTORY AT ALEXANDRA D. ROAD llfTZZ Molar E tST HHT<^/ Mo, /«f I Zy> CH O*0 WQ*n <• .VtenKnct 7* J t-ENG KOK BAHRU K/ A 2-storey Showroom/FacCory/Office Building Prominent double road frontage HDB 99-yr leasehold wef 7.11.1955 (56 yrs left) Land area 30,870 sf Built-in area 20,390 sf Walking
      152 words
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  • ASIA'S ECONOMIC SLUMP
    • Article, Illustration
      Lock icon HKMA chief hints at negative Q2 growth and likely recession
      599 7  -  He gives first official hint of poor Q2; govt pushes oat new job creation measures From Loh Hui Yin in Hongkong EARLY economic indicators for the second quarter confirm that Hongkong will be in recession this year. Joseph Yam, chief
      REUTERS  -  599 words
    • Article
      Thai bourse gets tough on laws to shield investors
      519 7  -  SET unhappy over charges of poor control From. Alan Boyd in Bangkok STUNG by charges that lax supervision contributed to the initial loss of confidence in the Thai economy, the Stock Exchange of Thailand (SET) is enacting tougher rules to protect
      519 words
    • Article
      Lock icon Crisis making China wary about full yuan convertibility
      353 7 AFP [BElJlNG] China has not set any date for full convertibility of its currency, President Jiang Zemin said yesterday, adding that the Asian financial crisis had made it cautious about hastening the process. The yuan also will not be devalued, he said
      AFP  -  353 words
    • Article
      Lock icon Wiranto urges restraint
      83 7 Bloomberg [JAKARTA] Indonesian armed forces chief General Wiranto said demand for political reform must be tempered by restraint, warning that radical demands could delay the country's recovery. "Without intending to trivialise the need for reforms the main agenda now is to deal with our monetary crisis, the
      Bloomberg  -  83 words
    • Article
      Lock icon M'sian trade surplus at RM3.6b
      162 7 AFP [KUALA LUMPUR] Malaysia posted a trade surplus of 3.6 billion Malaysian ringgit (Ssl.s billion) in April as export growth accelerated, the statistics department said. April's surplus, slightly lower than the RM3.7 billion recorded in March, reversed a deficit of RM2.I billion a year earlier,
      AFP  -  162 words
    • Article
      Philippine exports surge 20% to US$9b
      286 7  -  From Al Labita in Manila PHILIPPINE exports continued to show stronger-than-ex-pected growth, defying the economic crisis that has hit most Asian economies. The National Statistics Office (NSO) said exports surged 19.9 per cent to US$9.l billion (5515.2 billion) in the first four months, higher
      286 words
    • Article
      Lock icon Banks close to accord on rescheduling Indon debt
      422 7 Deal could come as soon as today, says Japanese banker Bloomberg Reuters [FRANKFURT] International creditor banks meeting in Germany may reach an agreement with Indonesian companies as soon as today on rescheduling US$BO billion (*****.5 billion) in private foreign currency debt, said
      Bloomberg; Reuters  -  422 words
    • Article
      Stronger yen, futures rallies stabilise regional markets
      278 7  -  ST Industrials Index up for the first time in seven sessions By. R Sivanithy [SINGAPORE] An easing of the recent pressure on the Japanese yen and strong, futures-led rallies in Hongkong and Malaysia brought some stability to regional equity markets yesterday. In Singapore,
      278 words
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      254 7 I rnirin«fm. n i ii i Mn^^PNSll^i^ihbpppi^^B. 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,
      254 words
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  • Page 8 Advertisements
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      802 8 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of SUPER COFFEEMIX MANUFACTURING LTD will be held at The Function Room, Raffles Marina, 10 Tuas West Drive, Singapore *****4 on Friday, 26 June 1998 at 10.30 a.m. for the following purposes: AS ORDINARY BUSINESS
      802 words
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      Page 8 Advertisements Column 2
      112 8 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
      112 words
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  • REGION
    • Article
      Lock icon Govt urges court to acquit Imelda Marcos
      305 9 MANILA Reuters THE Philippine government, in a dramatic turnaround, said yesterday it had recommended that the Supreme Court set aside a 12-year jail term against former First Lady Imelda Marcos and acquit her of corruption charges. Solicitor-General Romeo de la Cruz told Reuters
      Reuters  -  305 words
    • Article, Illustration
      Reviving property markets in the largest cities
      597 9  -  CHINA VIEW Bering goes on steroids while Shanghai scrambles ahead of housing reform Lu Ning NOT so long ago, the Beijing property market, like that in Shanghai, was mired in a deep slump. But when newly-elected Chinese Premier Zhu Rongji pledged, at the
      597 words
    • Article
      Lock icon Dr M: Leadership change? No problem once crisis is resolved
      559 9 TOKYO Smooth transition important; health woes not affecting work, he says Reuters MALAYSIAN Prime Minister Mahathir Mohamad said yesterday he saw "no problem" with a change in leadership after his nation had resolved its currency crisis. Dr Mahathir, who has
      Reuters  -  559 words
    • Article
      Dr M wins the attention of Japan
      708 9  -  LETTISH FROM TOKYO Malaysian prime minister's criticisms of the West strike a chord By Anthony Rowley AT conferences and seminars (as in subway trains), the Japanese have an engaging habit of nodding off to sleep almost as soon as the proceedings begin. This
      708 words
    • Article, Illustration
      Lock icon KL okays RM300m soft loan for monorail project
      325 9  -  Developer also allowed to tap public foods through IPO From Eddie Toh in Kuala Lumpur THE Malaysian government has approved a 300 million ringgit (*****.9 million) soft loan to the developer of the stalled KL People-Mover Rapid Transit (PRT) monorail system partly
      FILE PHOTO  -  325 words
    • Article, Illustration
      Lock icon Howard blasts Hanson for attack on Aborigines
      301 10 CANBERRA Reuters THE Australian government and Labor opposition yesterday launched a scathing attack on anti-Asian maverick politician Pauline Hanson, with Prime Minister John Howard saying her latest assault on Atorigines bordered on the deranged. Ms Hanson said on Tuesday Australia faced the creation
      Reuters  -  301 words
    • Article
      Korean property owners refuse to budge on prices
      484 10  -  while foreigners are waiting for a crash before buying From. Jennifer Veale in Seoul REAL-estate agent Ahn Bok laughs sheepishly as he shows prospective tenants around a cavernous apartment. The apartment, like thousands of others throughout the capital, has been vacant for
      484 words
    • Article
      Aussie 1st qtr GDP grows by surprisingly strong 1.3%
      494 10  -  But analysts say growth not sustainable due to lack of demand From, Russell Baker in Sydney THE Australian economy grew an unexpectedly strong 1.3 per cent in the March quarter, and 4.9 per cent in the year to March, according to
      494 words
    • Article, Illustration
      Lock icon Symbol of democracy
      79 10 [HONGKONG] Through a cut-out of the "Goddess ofDemocracy a symbol of China's pro-democracy movement, workers were seen installing television screens andfloodlights on a podium at Hongkong's Victoria Park yesterday. A candlelight vigil will be held here today to mark the ninth anniversary of the 1989 military crackdown
      REUTERS  -  79 words
    • Article
      Lock icon Seoul wants new list of non-viable corporations
      367 10 SEOUL Panel tells banks to include ailing units of top conglomerates AFP SOUTH Korea yesterday put off a planned announcement of a key list of non-viable corporations, demanding that ailing units of the top five industrial giants be included. "The announcement of non-viable
      AFP  -  367 words
    • Article
      Lock icon S Korean GDP seen shrinking 3-5% in 98
      244 10 AFP [SEOUL] The ailing South Korean economy is expected to contract by 3-5 per cent this year while joblessness will swell to around 8 per cent, a research group said. The greater than expected contraction will come after the slowdown deepens In
      AFP  -  244 words
    • Article
      Lock icon Foreign investors pull out record funds from India
      386 10 BOMBAY N-tests, budget cited as reasons for further withdrawals Bloomberg AFP FOREIGN institutional investors yanked a record amount of money out of India last month as the country's nuclear tests triggered economic sanctions and shook investor confidence. Foreign investors sold U*****.7 million
      Bloomberg; AFP  -  386 words
    • Article
      Lock icon Jiang pledges not to restart N-tests, hits out at India
      356 10 BEIJING AFP PRESIDENT Jiang Zemin yesterday pledged that China would not restart its nuclear programme, but accused India of "targeting" China with its recent round of nuclear tests. Mr Jiang said in an interview with AFP chairman Jean Miot that
      AFP  -  356 words
    • Article
      Lock icon Stop fudging statistics, Chinese officials warned
      216 10 BEIJING Reuters CHINESE Vice-Premier Wen Jiabao has ordered government officials to stop fudging statistics and threatened to punish violators, the People's Daily said yesterday. "We must point out that the problems of falsifying statistics exist in some places and government departments," Mr Wen was
      Reuters  -  216 words
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      404 9 QJ Q> „U I I I A g I f f 1 Upgrade i Just one of the £reat he nefits from Double Options you'll warm to this summer. When you stay at Inter-Continental Hotels 4 or Resorts in Asia FWcific tkis summer we promise it it you'll enjoy it
      404 words
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  • Page 10 Advertisements
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      75 10 Please contact me, I'm interested in: etrus Ausone Rol Valentin Lafile Rothschild Q Le Pin Q Ducru Beaucaillou Mouton Rothschild Q Angelus Cos D'Estournel Margaux Valandraud Leoville Lascases Latour La Mondotte Trotanoy Haul Brio O La Gomerie La Fleur Petms Cheval Blanc O L'Hermitage Others Name: Address: Telephone: p ax:
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      8 10 How will Kim's policies fare? Editorial, Pg 12
      8 words
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  • THE WORLD
    • Article
      Renewal of China's MFN status seen facing stiff opposition
      611 11  -  New allegations over Clinton approval of satellite technology sale to China Froi Leon Hadar in Washington PRESIDENT Bill Clinton is expected to face strong opposition when he asks Congress this week to renew China's Most Favoured Nation (MFN) trading status. Resistance
      611 words
    • Article, Illustration
      Lock icon Heading for World Cap
      49 11 [PARIS] A man stands on the head of a giant figure as preparations continue for the World Cup finals yesterday. Four mate h gUKeS representing di ff erent rac es will travel through the French capital on June 9 ahead of the World Cup REUTERS
      REUTERS  -  49 words
    • Article
      Lock icon Bankruptcy filings in US jump 14% to record high
      232 11 WASHINGTON Bloomberg US bankruptcy filings rose 14 per cent to a record level from March 1997 to March 1998, according to the Administrative Office of the US Courts. Since March 31,1997, a record 1,423,128 Americans filed for bankruptcy, compared with 1,247,065
      Bloomberg  -  232 words
    • Article
      Lock icon Special EU summit on reform package likely next March
      322 11 LONDON Reuters THE European Union is likely to hold a special summit next March in Germany to try to thrash out an ambitious package of reforms to its budget, regional funding and common agricultural policies, officials said yesterday. Gregor Woschnagg, a
      Reuters  -  322 words
    • Article
      Lock icon Russian woes can spread and hurt Europe: Rubin
      409 11 WASHINGTON US in talks with IMF, World Bank to help contain crisis AFP Bloomberg UNLESS Russia's economic problems are kept to a minimum, they could spread to other European countries, the US Treasury Secretary Robert Rubin said on Tuesday. "Russia's a difficult
      AFP; Bloomberg  -  409 words
    • Article
      Lock icon EU central bank faces crucial policy test
      443 11 FRANKFURT Reuters THE European Central Bank faced the crucial task of laying the groundwork for a credible monetary strategy yesterday as the final makeup of its policy-making council fell into place. Economists said the ECB is now close to settling many key personnel
      Reuters  -  443 words
  • Page 11 Advertisements
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      16 11 11l f~ Citeh what's newt in Cats' JVIGWS/ M m^# R'■ S««4ay Classified (kit Mibi^. CATS.
      16 words
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      Page 11 Advertisements Column 2
      574 11 Islamic Banking Finance: I Towards A Global Vision I 5 2 I Over 130 banks and financial institutions worldwide are practising the I M principles of Islamic banking and finance. These institutions now manage I ■■■fll M more than US$BO billion which is growing at an annual rate of nearly
      574 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Preparing for the great divide
      729 12  -  THE BOTTOM LIME OPINION By Russell Baker The writer is a columnist on The New York Times THE baby-boom generation is now looking down the gun barrel of 50 and worried about what to expect At its request I have gone ahead to scout the
      729 words
    • Article
      IN OTHER WORDS
      111 12 The forces of repression are still lurking. When you live with people with guns, you have to have institutions to defend you, and we don't have that yet.' Goenawan Mohamad the editor of the magazine Tempo, on the Indonesian situation. I see people who go to Andorra
      111 words
    • Article
      How will Kim's policies fare?
      625 12 EDITORIAL SOUTH Korea's voters return to the polls today for the first time since President Kim Dae Jung took power on Feb 25. The elections for 16 municipal and provincial assemblies are widely seen as a test of Mr Kim's reform process and whether it
      625 words
    • Article, Illustration
      Jobs in the global era
      1186 12  -  Fallacies about jobs and economics that often pass for wisdom are exposed in book by Krngman By\ Samuel Brittan IT MUST have occurred to many readers that much of what is said about the threat to jobs from globalisation is really hot air. After all,
      1,186 words
    • Article
      WHAT THE OTHERS SAT
      841 12 In pin In MY faith in US Vice-Presi-dent A 1 Gore was restored on Monday when he announced that the White House had sent out a directive urging bureaucrats to drop their long-winded, jargon-ridden humbug and use "plain language" when writing forms, letters, memos and rules.
      841 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      56 12 DOONESBPRY By Garry Trudeau (SAUYKDWEK. 1 liH A6FAR BACK AS JOURNAL- HUWWWmfSAPV— I 7 sooLm TSM SCHOOL, I KNEW THAT F&APY TO REPORT7U7HE fSOKXJ\ TO I ONE PAYIVCOMSRTHEfWJLA RATION ABOUT THE SEARCH HApA JONES TRIAL. SO lUOR/GEP TO HNP THE TRUTH ABOUT (BEAM.) mr i HARP,STUPIEP,UVEPANP tUHSTHER THE PRE&PENT V
      56 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
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      495 words
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      Page 13 Advertisements Column 2
      50 13 A J RELISH PINE COURT CHINESE RESTAURANT'S BEIIING DUCK FOR ONLY $25+++ Reservations: 831 6262/66 *zl mIL. BSjE CHINESE JIWWWK. MS OJwd Poad. Singapore MM7 RESTAURANT lei 737 4411 1 1 I Dine for Free in our I Garden* You will lincl it all here at Wine*. Dine and 1-ntertain.
      50 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      839 13 TV&RADIO n wihi ii 12 by Afternoon At The 3.00 Legend of Liu Bo Wen. 900 AM RackPthaii vra Movies (cont'd). 3.90 It Pays To Travel. qV/sfllSno?c rimi i 500 News 5 Today followed 4.40 Hongkong Today. Ph irLon r by of 5.10 Tilt 231/2. ?A l Bulls 5.35 Maison
      839 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      229 13 CRYPTIC CROSSWORD 9 Called up woman about to sanction daughter (6) ~~U—U—L 10 He presents commercial Bh the morning (4) "^1 11 A splendid restorative. Take I I 12 Argument about how to clear ~^^—P®r—-P^——P® ceiling cobwebs (4-2) I P 3 I I 14 I 14 Refrains from supporting BBTHT
      229 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Chariot with firepower
      843 14  -  Driver and passengers get a first-class ride in Mitsubishi's new Spacewagon Chariot Christopher tam test-drives the people-mover CHRISTOPHER TAN THE Mitsubishi Spacewagon has been Singapore's favourite people-mover since its introduction in the 1980s. It had the right ingredients for succeeding here right engine displacement, competitive pricing, seating
      843 words
    • BUMPER to BUMPER
      • Article
        Car population statistics
        127 14 ACCORDING to the Society of Motor Manufacturers and Traders, there were 671.3 million vehicles in use in the world in 1996, of which 493.5 million were passenger cars. Most of them were found in the US (30.3 and 26.1 per cent respectively) and Japan (10.2 and 9.5
        127 words
      • Article
        Porsche's sport-utility plan
        87 14 PORSCHE Ag is expected to announce this week its formal decision on a 4x4 sport-utility-vehicle type project. The luxury sports car maker has been mulling over the idea for a few years now, and was at one stage supposed to have teamed up with Mercedes-Benz to create
        87 words
      • Article, Illustration
        BMW's one-of-a-kind M3
        135 14 BMW's Regensburg plant, which makes the highly-explosive M 3, celebrated a production milestone recently. The 50,000 th unit of the top 3-series model left the line and headed for a special career with the Bavarian police. The car is unique for two other reasons: it is the
        135 words
      • Article
        Beemers in uniform
        76 14 THE German police are not the only ones who pick BMWs as enforcement vehicles of choice. Singapore's Traffic Police uses them in both four and two-wheel forms for expressway patrol. And Taiwan recently ordered 141 new RBSORT Beemer bikes. Last year, the Taiwanese authorities bought 27 RIIOORT
        76 words
      • Article
        Toyota homes not as popular as cars
        63 14 SALES of Toyota houses dipped last year to 2,970 units, from a high of 3,515 the previous calendar year. The company began making prefabricated houses in 1975, and now operates three housing plants. It offers individual houses (seven models), apartments (one model), as
        63 words
      • Article
        Japan is No 2 auto-maker
        105 14  -  Compiled by Christopher Tan JAPAN ranks as the second single largest producer of motor vehicles, but retains the title as the top producer of passenger cars. In 1997, it accounted for 20.3 per cent of 54*2 million motor vehicles produced, next to 22.4 per cent
        105 words
    • Article, Illustration
      Luxuries to lap up
      319 14 GIVE the doom and gloom a rest. Forget about the R-word for a moment. Look forward instead to a bevy of luxury models heading our way next year. Top of the list will be the new S-class from MercedesBenz. The car was supposed to be launched
      319 words
    • Article
      Old cars can go unleaded: Caltex
      348 14  -  US oil company first in S'pore to snpply only unleaded fuel By< Christopher Tan YOU can switch to unleaded with no worries, even if you are driving one of the 30,000 or so vehicles here that are meant to take leaded petrol. That is
      348 words
    • Article, Illustration
      Lock icon Hingis-Seles fight will decide titleholder
      705 14 FRENCH OPEN AFP Reuters [PARIS] Although the trophy will be presented on Saturday the titleholder will probably be decided 48 hours earlier when world number-one Martina Hingis takes on three-times champion Monica Seles. Which may not be flattering for Arantxa Sanchez Vicario and Lindsay Davenport,
      AFP; Reuters  -  705 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      194 14 'rm weatmhk Singapore: Fair and warm. Temperature (31/26 C) Aiii-Pkdflc UVHI* Good. Jerusalem *"29 dear Stockholm 7/14 stows Auckland 11/13 dear Mecca 20-36 dear Vienna 12/28 doudy Bangkok 17/34 showws Zundi 11/18 doudy fefUlK IVB shemm Eur if WHT Cuod. Bombay 30/96 showers Aanbrdaß 11/22 doudy Aaate Ijo/W Oml Brisbane
      194 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      IPC misses payment of US$8m loan instalment
      655 15  -  PC maker restructuring loans and hanking facilities: spokesman By] Lee Han Shih and Annette Pau [SINGAPORE] IPC Corp has missed a loan repayment of US$B million (5513.4 million), believed to be the second instalment of a US$7O million bank loan. This is said
      655 words
    • Article
      Woolworth moving regional HQ out of S'pore
      294 15  -  By i Christopher Tan [SINGAPORE] Woolworth Corp, the listed retailer that shook middle America when it closed over 400 stores barely a year ago, has decided to move out of Singapore. It will be relocating its Asia-Pacific headquarters to Taipei, just two years
      294 words
    • Article
      Parkway buys UK clinic for £262,000
      224 15 Tan Chin Nam steps down as chairman of board of directors [SINGAPORE] Healthcare and property group Parkway Holdings has acquired Cavendish Clinic Ltd in the United Kingdom for £262,527 (*****,567), payable in instalments over four years. In a statement yesterday, Parkway said the acquisition
      224 words
    • Article
      Sime Bank deal: Will RHB Cap need to cough up funds?
      746 15  -  HOCK LOCK SIEW Eddie Toh WHEN Malaysian tycoon Rashid Hussain pulled off the deal to acquire Sime Bank in April, nearly every analyst in town touted RHB Capital as a buy. Yet the share price of RHB Capital which
      746 words
    • Article
      UEM on verge of selling about 20% PLUS stake
      527 15  -  But price and exact holding not yet finalised; bnyer said to be foreign party From] Ruth Wong in Kiuilu Lumpur DEBT-LADEN construction concern United Engineers (Malaysia) is close to selling about 20 per cent of its tollroad operator, Projek Lebuhraya Utara-Selatan
      527 words
    • Article
      Lock icon SembCorp, STIC shares close firmer
      145 15 Bloomberg [SINGAPORE) Merger candidates Sembawang Corp and Singapore Technologies Industrial Corp yesterday recovered some lost ground after dropping 14 and 6 per cent respectively on Tuesday. SembCorp, a ship repairer with interests in food and property, closed 19 cents up to $2.84 on 1.5 million
      Bloomberg  -  145 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Astra lost 2.3t rupiah in Q1 on 2.8t rupiah charge
        517 16 Its survival hinges on talks to roll over and reschedule USs2b debt: analysts Reuters [JAKAßTA] Indonesia's Astra International said yesterday it was being badly battered by Indonesia's economic crisis, after reporting the largest first-quarter net loss yet announced by an
        Reuters; Source: Bloomberg  -  517 words
      • Article, Illustration
        Lock icon New World seeking buyers for two Trump devt buildings
        690 16 NYT [NEW YORK] With Southeast Asia's real estate market in turmoil and New York's soaring, the Hongkong investors who financed Donald Trump's Riverside South development in Manhattan are trying to sell the first two apartment buildings at the US$2.5 billion (554.2
        NYT  -  690 words
      • Article
        Lock icon Thailand to sell 10% of PTT Exploration
        524 16 Sale of biggest Thai listed firm's shares could fetch USs2sBm to fond projects Bloomberg [BANGKOK] Thailand is selling a chunk of PTT Exploration Production, its biggest listed company and the latest to go on the block amid an International Monetary Fund mandate to
        Bloomberg  -  524 words
      • Article
        Lock icon MHS expects RM24Om gain from sale of MHS Aviation
        360 16 Bernama [KUALA LUMPUR] Malaysia Helicopter Services Bhd (MHS), which holds a 29 per cent stake in Malaysian Airline System Bhd (MAS), expects to gain 240 million Malaysian ringgit (*****.3 million) from the disposal of subsidiary MHS Aviation Sdn Bhd this year,
        Bernama  -  360 words
      • COMPANY Briefs
        • Article
          Lock icon Ong Beng Seng buys more HPL shares
          94 16 AFX-Asia [SINGAPORE] Ong Beng Seng, managing director of Hotel Properties Ltd, has bought another 350,000 of the company's shares, taking his holding to 72.64 million shares, a 17.67 per cent stake. HPL said yesterday that he bought the shares over the past two
          AFX-Asia  -  94 words
        • Article
          Ho Wah Genting unit defaults
          55 16 [KUALA LUMPUR] A Ho Wah Genting unit has defaulted on a 4.54 million Malaysian ringgit (Ssl.9 million) payment to PB Securities Sdn Bhd. Ho Wah Genting said yesterday that the amount was due to contra losses incurred by Ho Wah Genting Capital Sdn Bhd's clients
          55 words
        • Article
          Freight Links' director reduces holdings
          49 16 [SINGAPORE] Freight Links Express Holdings director Tan Kay Hock has sold 250,000 shares to Hong Leong Finance in two blocks at 23 cents and 22.76 cents respectively. His stake is now 1.38 per cent, or 6.77 million shares. He also has 327,000 FLEH warrants.
          49 words
        • Article
          Corporate moves at SingTel
          53 16 [SINGAPORE] Singapore Telecom has promoted William Tan Soo Hock to chief executive of Singapore Post, effective June 15, replacing Lee Shin Koi who will head SingTel's mobile services as chief executive. Raphael Leong Sai Mooi, who now heads SingTel's local services directorate, will head its fixed
          53 words
        • Article
          New Pertama non-exec director
          30 16 [SINGAPORE) Pertama Holdings yesterday said lawyer Lee Cheong Hoh is now a non-executive director of the company, and Goh Yong Hong has resigned as a director.
          30 words
        • Article
          Asean Supreme Fund director resigns
          36 16 [SINGAPORE] Asean Supreme Fund yesterday said Makoto Takahashi has resigned as a director effective May 27, while Wong Kok Siew will no longer be his alternate director effective the same date.
          36 words
        • Article
          Pacific Carriers' director quits
          20 16 [SINGAPORE] Pacific Carriers yesterday said Lim Yong Wah, a company director, resigned with effect from Monday.
          20 words
        • Article
          Prima appoints new auditors
          60 16 [SINGAPORE] Prima yesterday said KPMG Peat Marwick will be appointed its auditors as Deloitte Touche does not wish to seek reappointment. Cheng Chih Kwong, who is currently Prima's deputy chairman and managing director, will also replace Cheng Tsang Man as executive chairman. Both events will take
          60 words
        • Article
          Corrections & Clarifications
          76 16 Corrections Clarifications The chart accompanying our story on Tuesday headlined "ST's long-term strategy is to become global player" contained some errors. Instead of indirect stakes, Singapore Technologies Pte Ltd (STPL) owns directly 100 per cent of Pidemco Land, Vertex Investment, ST Capital Services, ST Treasury Services, ST Electronics Systems Assembly
          76 words
      • Article, Illustration
        Lock icon Citic Pacific: no plans to sell power assets
        564 16 Reports suggested it might sell assets as part of CLP deal AFX-Asia Bloomberg [HONGKONG] Citic Pacific Ltd has no plans to sell interests in its power plant assets to CLP Holdings Ltd as part of any mainland cooperation agreement with the company,
        AFX-Asia; Bloomberg  -  564 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Komag to axe 10% of staff, take US$185m Q2 charge
        357 17 Bloomberg [SAN JOSE, California] Komag Inc said it will cut its workforce of 4,800 by 10 per cent and take a second quarter charge of as much as US$lB5 million (Ss3o9 million). It warned that it doesn't expect to turn
        Bloomberg  -  357 words
      • Article
        Lock icon Tellabs to buy Ciena for US$7.3b: report
        258 17 Telecom equipment makers' tie-up gives Net access a boost Bloomberg [LISLE, Illinois] Tellabs Inc agreed to buy Ciena Corp, the top maker of telecommunications equipment used to beef up phone networks, for US$7.3 billion (5512.2 billion) in stock, the New York Times reported,
        Bloomberg  -  258 words
      • Article
        Lock icon Motorola, Lucent to work on new chip technology
        142 17 Bloomberg [SAN FRANCISCO] Motorola Inc and Lucent Technologies Inc said they will work together to develop next-gener-ation digital signal processor (DSP) technology to be used in everything from cellular phones to microwave ovens, a move that will pit them against market leader
        Bloomberg  -  142 words
      • Article
        Lock icon Hyundai cuts chip output to reduce global glut
        359 17 LG Semicon and Samsnng may follow suit to stop prices from falling farther Reuters [SEOUL] Hyundai Electronics Industries said yesterday it was cutting computer chip production because of a global glut, and South Korea's two other big chipmakers said they might do
        Reuters  -  359 words
      • Article
        Lock icon Stora, Enso in US$8.5b merger deal
        334 17 Scandinavian tie-up will form world's largest paper maker FT [STOCKHOLM] Stora of Sweden and Enso of Finland are to merge in an US$B.5 billion (5514.3 billion) deal to create the world's largest pulp and paper maker. The tie-up between the world's fourth and fifth
        FT  -  334 words
      • Article, Illustration
        Lock icon Sprint to revamp network with Internet technology
        343 17 FT [NEW YORK] Sprint, the No 3 US long-distance telephone company, announced a remodelling of its national network to carry voice, video and data traffic at a far lower cost than at present. It is one of the most ambitious efforts yet by
        FT; REUTERS  -  343 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Merrill to pay US$400m in Orange County suit
        387 18 Sam makes it fifth-largest settlement in US securities industry Bloomberg [NEW YORK] Merrill Lynch Co, the nation's largest brokerage, agreed to pay California's Orange County US$4OO million (***** million) to settle allegations that it helped make the home of Disneyland the biggest
        Bloomberg  -  387 words
      • Article
        Lock icon 12% of US banks not ready for Y2K
        248 18 Bloomberg [WASHINGTON] About 12 per cent of US banks' computer systems are not prepared to cope with a computer programming glitch that will kick in on Jan 1,2000, the nation's bank regulator said this week. The so-called millennium bug, or Y2K problem,
        Bloomberg  -  248 words
      • Article
        Lock icon Frankfurt exchange overtakes Liffe
        367 18 DTB traded 15J>5m contracts in Hay over London's 15 Jm FT [LONDON] The Deutsche Terminborse (DTB), Germany's derivatives exchange, has for the first time overtaken the London International Financial Futures and Options Exchange (Liffe) in the volume of all contracts traded over a one-month period. Overall,
        FT  -  367 words
      • Article, Illustration
        Lock icon At the tail end of a Viet gold rash
        88 18 J!? A Vietnam l A Vietnamese father and and his son working in a river in Na Ri's Luong Thuong commune looking for tiny grains of gold. This highland valley in what is now part of Bac Kan province was at
        REUTERS  -  88 words
      • Article
        Lock icon Banks shouldn't count on govt bailouts: Goldman MD
        331 18 Continued reliance hurts market, hanks in long run Bloomberg [VIENNA] Banks should not assume governments will be there to bail them out of future economic crises, said E Gerald Corrigan, a managing director at Goldman, Sachs Co and former president of the
        Bloomberg  -  331 words
      • Article
        Lock icon ABN Amro, Fortis in straight fight for Generale
        256 18 FT [AMSTERDAM] A straight battle for control of Generate de Banque, Belgium's biggest bank, is in prospect after Belgium's financial regulator ruled on Tuescfay night that competing bids from ABN Amro of the Netherlands and Fortis, the Belgo-Dutch financial services group, should
        FT  -  256 words
      • Article
        Lock icon Euroyen falls again, JGBs take a breather
        271 18 j"—" Report Reuters [SINGAPORE) Simex Euroyen futures extended their slide yesterday as foreign funds continued a selling spree, but dealers see the downside as limited. "We saw good foreign selling interest in the December and March contracts since late yesterday afternoon. The March
        Reuters  -  271 words
      • Article
        Futures rebound with stocks
        171 18  -  MSCI TAIWAN FUTURES Cecilia Loh Cecilia Loh, service dealer, Refco Singapore {SINGAPORE] The Simex MSCI Taiwan Index futures rebounded slightly, up 2.20 points as the cash index saw its biggest gain in two weeks of 77.56 points following reports that the Taiwan Central Bank eased credit
        171 words
      • Article
        Lock icon Oil weakens as US petrol stocks swell
        205 18 ENERGY REPORT Reuters [LONDON] Oil prices sagged further yesterday, as swollen markets offered little relief to beleaguered producers. Benchmark Brent blend for July loading was trading down nine cents at U5514.05 at 1526 GMT. The slide was triggered by bearish data from the
        Reuters  -  205 words
      • Article
        Lock icon CURRENCY REPORT
        290 18 Reuters, AFP London THE dollar eased in Europe yesterday, dragged down by speculation that the Group of Seven nations might take action to support the ailing yen and by a recovery in Russian markets. Talk that G-7 deputy finance ministers might meet on the sidelines of a regular
        Reuters,; AFP  -  290 words
      • Article, Illustration
        Untitled
        1191 18 DtTERBAinC CROSS KATES Jun3 M ccu htpw m t« p- nt »no s$ twi siritn tatty—* w$ 0.883 4.171 0555 3.667 1093 4.769 25.721 K7* 0J48 8.571 1405 U*5 UA» 21** 10*8 IMS 1911 ********** OJK 1616 aS 5,723 2-S2 151 1341 2SJ06I0J06 0.949 9.599 2.694 *****0.730 ***** 1-152 1520
        1,191 words
    • Article
      COMMODITY PRICES
      1746 19 S1C0M rOTPKBg Juti 3 RUBBER (futures ctosnq m «t 5.30pm) RSS1 cMts/kf) Clow Volume Open *{9* Low Sett (tonnes) Interest J«» 98 123.50 123.50 123.50 50 1265 Aug 98 ***** 123.75 123.75 50 1865 127.00 125.00 125.00 650 1015 Od/Oec 98 129.50 4575 Jan/Mar 99 134.75 134.25 134.25
      1,746 words
    • Article
      WORLD STOCK MARKETS
      2308 19 LONDON InAistrtals Jm 1 N<K« 3T&TOUP 650.000 34.600 AB Port* 350.000 1.000 AbOey National 1082.000 11.000 Allied Domecq 603.000 -12.000 AfflK 198.000 3.000 A Ida Group 188.000 6.600 BATInd 580.000 28.000 BG Pic 315.400 -1.200 BICC 161.000 -3.000 BOC Group 966.000 0.600 BR Petroleum 881.000 -3.400 8T»
      2,308 words
    • Article
      Lock icon TOKYO
      1601 19 Bloomberg QNikka 225 -207.46 JAPANESE stocks fell for the third time in four days as investors saw no end in sight to Asia's instability and Japan's economic stagnation. Banks such as Sumitomo Bank Ltd paced the fall. "We are in recession Asia's in recession, Japan's in recession," said Shahreza
      Bloomberg  -  1,601 words
    • Article, Illustration
      Lock icon HONGKONG
      1512 20 Reuters Q Hang Seng ****** STOCKS closed higher yesterday as buyers returned to the market for bargains after recent steep falls, and inspired by a rebound in the Japanese yen and easing local interbank rates, brokers said. The Hang Seng Index rose 221.05 points, or 2.57 per cent, to
      Reuters  -  1,512 words
    • Article, Illustration
      Lock icon CHINA
      621 20 Reuters M Shenzhen B Index +OJB SHENZHEN'S hard currency B Share Index edged to a slightly higher close yesterday, with sentiment buoyed by a recovery in Hongkong stocks, analysts said. The B Index rose 0.18 point, or 0.19 per cent, to 92.18 on turnover of HK$2l million. "The B
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  621 words
    • Article
      Lock icon TAIPEI
      369 20 AFP Index +77.56 TAIWAN stocks rose one per cent yesterday in a technical rebound after recent sharp falls, lifted by an appreciation of the local currency, dealers said. The Weighted Price Index moved up 77.56 points 7,643.20, following a 0.5 per cent dip in the previous session. "The bourse
      AFP  -  369 words
    • Article
      Lock icon WELLINGTON
      263 20 AFP n Wellington -1&8 NEW ZEALAND stocks fell 0.9 per cent yesterday to its lowest point since 1996 amid negative sentiment on companies with Asian exposure. On turnover of NZ$97.l million the NZSE-40 was down 18.8 points to 2,155.18. Telecom continued to hold firm in active trade, dipping one
      AFP  -  263 words
    • Article, Illustration
      Lock icon BANGKOK
      780 20 AFP C 3 SET Index -0.43 SHARE prices slumped 0.1 per cent in thin trade yesterday amid continuing investor concern over liquidity in the banking and finance sectors. Analysts said weaknesses in regional economies were hurting confidence but that shares closed off earlier lows on some bargain-hunting after banking
      AFP  -  780 words
    • Article
      Lock icon SEOUL
      414 20 AFP n Composite Index +&38 SOUTH KOREA'S limping stock market ended 2.6 per cent firmer yesterday, lifted by interest in bank stocks amid speculation over mergers and acquisitions, dealers said. Sentiment in the bourse which recovered yesterday from the previous day's sharp fall was also underpinned by expectations for
      AFP  -  414 words
    • Article
      Lock icon SYDNEY
      588 20 AFP n All Ordinaries -H AUSTRALIAN share prices fell 0.3 per cent yesterday despite a rally in gold and resource stocks, brokers said. The All Ordinaries Index ended 9.1 points lower at 2,662.0. National turnover totalled 251.7 million shares worth A 5757.75 million. The All Industrials Index was down
      AFP  -  588 words
    • Article, Illustration
      Lock icon JAKARTA
      753 20 AFP P Composite Index -6J9 INDONESIAN shares fell 1.7 per cent yesterday on local short selling, with sentiment dampened by a confusing political situation and poor corporate results, brokers said. "It is pretty clear that the market is driven by local short sellers. It is easy to do that
      AFP  -  753 words
    • Article
      Lock icon MANILA
      316 20 AFP CI Manila -17.09 PHILIPPINE share prices fell for the eighth straight day. losing 0.9 per cent due to continuing concerns over economic worries in Asia, analysts said. The Composite Index fell 17.09 points to 1,928.99 points. Volume rose to 474 million shares worth 707.6 million pesos compared to
      AFP  -  316 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8485 21 INDUSTRIALS 1998 tMt VI Day Nat Cap Hfrfc Low Caw>aay «■>» VOO Hlgfc Lew P/t $w>H 310 180 Ajinomoto 230 -5 1 230 230 12.7 93 2 148 62.5 Angkasa 70 unch 3 70 70 1.6 103 2 290 123 Apollo Food Hlg 165 4 8 66 0 388 190
        8,485 words
      • Article, Illustration
        Lock icon Foreign buying gives shares a boost
        433 21 AFP M Composite Index 4-5.75 MALAYSIA'S key stock index ended 1.1 per cent higher yesterday, extending its gains from a day earlier as a measure of foreign buying trickled in, dealers said. The Composite Index ended at 526.36 points, up 5.75 points. The Second
        AFP  -  433 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3470 22 BONDS, LOANS ft WARRANTS Laat Vol Day Last Ouota Av« High Lao Stno Company SM COOO) Hlqh Low Buyar Sallar Prtca 23.5 9 m 3000 m AMOB C5.5H*****6 t2 10.5 14 5 20.5 8 3160 A Acar ******1 US$ 10 *2 15 10 10 9 10 95 8.5 3164 Acma
        3,470 words
      • Article
        Clipsal wrt: keep off for now
        191 22  -  WARRANT WATCH -By R Sivanithy ELECTRICAL appliance maker Clipsal Industries joins the growing ranks of firms whose warrants are not only deeply out-of-the-money but which also look set to expire worthless. This was once one of the highest flying counters in the local market
        191 words
    • Article
      CLOB INTERNATIONAL
      2305 22 Transaction date Jun 3 wmmmmmmmmmmmmmmmmmmmammmmm Or Or Urt V* My Lot Ouoto Ok Mr W M M Cap High Law WW Cwhh Sat* COOP) High Low Bwyr Sa—r Cw P/T $mt OS 28 mi 5000 AIS8 50C 54 *23 356 sftls 515 5X5 54 S3 33 23 2U
      2,305 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6684 23 TVansactionda^^ Cr Cr M Wt '998 Last Vol Day Lnt Ouot* Otv Dlv VM Net Cap Av« High Lew StNo Company Sato COOP) Htgft Low Buyor Setter H C'»f P/t Smll Prko INDUSTRIALS 43 16.5 1020 ACE Dynamics60c.... 16.5 cd unch 263 17 16.5
      6,684 words
    • Article
      SESDAQ
      1206 23 Of Of M Wt 1998 Last Vol Day LMt Ouata W* Mv YM Nat Cap A*9 M>» L— %tm riw»»» «o» *h COOP) HM» L— Buyr »—ar Cw P/t t— Wo 134 79.5 a 2000 ABRHIdgsSc 88 *3 1 88 88 111 42 9 81 243 76 2049 AS
      1,206 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        226 24 Stocks volume Easyknit HKKk 15.910,000 'Rekapacific Bti 13,761.000 •MBf Capital 10,252.000 SingTel 15c 10,103,000 *M Resources 10,093,000 •RHB CapWt99 9,631,000 TAC BtIO 200 6.827,000 •Renong Bhd 50c 6,266,000 OatryF US5c 6.250,000 •MBFLandBhd 5,748,000 Stocks SingTel 15c 24,507,103 SPH 16,470,937 DBS Foreign 13,545,397 OUB Foreign 10,836,216 TAC BtIO 200 8,953,778 OCBC
        226 words
      • Article, Illustration
        Rally in HK and KL futures lifts STII after six sessions
        661 24  -  STOCK MARKET COMMENTARY Strengthening of the yen also helps bat dealers not sure surge can be sustained; property counters lead the rise By R Sivanithy {SINGAPORE] A firmer Japanese yen and a sudden rally in the futures markets of
        661 words
      • Article, Illustration
        HOT STOCK
        69 24  -  -by Shiv Taneja US dollar-listed Hotung Investment Holdings closed half a US cent higher yesterday at 14.5 US cents on a volume of 408 million shares, compared with its 10-day traded average of 2.17 million units. In the near-term, there could be some buying interest in this counter.
        69 words
      • ON THE GRAPEVINE
        • Article
          Massaging customers
          91 24 A VISIBLY impressed colleague reported yesterday that on her birthday last week she got called by the phone banking service of DBS Bank and was presented with a voucher for a free massage at a local spa. Apparently, the bank is trying to migrate its customers away from
          91 words
        • Article
          Jobs on show
          105 24 EVEN as workers are laid off in the region due to the economic slowdown, high-tech multinationals are desperately seeking people in Asia. These firms are not only using the info-communication trade show CommunicAsia 98 to market their products, but trying to hire people as well. Cisco Systems
          105 words
        • Article
          No show
          106 24 MORE from CommunicAsia 98. Advertising executives who want an idea of how not to run your ad campaign in China should tour the Philips stand (Stand 6D3-1) at the show. The mobile phone maker's glitzy television ads touting Philips' tiny Genie handphone have apparently been banned in China
          106 words
        • Article
          Fund-raising deal
          110 24 WHILE most local bank-linked fund management firms are happy to strike up investment advisory alliances with international firms, especially in the light of the liberalised rules for CPF investment, Ronnie Teo, executive director and head honcho of DBS Asset Management, is taking it one step further. Hot on
          110 words
        • Article
          High price for a name
          119 24 IT WAS reported over the weekend that Price Waterhouse and Cooper Lybrand which are to merge paid some US$l million (551.66 million) to two consulting firms to come up with the wildly original name of Price WaterhouseCoopers for the merged firm. One wonders how much
          119 words
        • Article
          The $1.50 getaway
          80 24 WHILE most of Singapore has made rapid progress during the past 50 years, time has stood still on Pulau lib in. Other than the bum boat fare, that is. We are reliably told that the $1 fare for a one-way ticket to Übin, after holding constant for
          80 words
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      78 15 had h#r book °P* n *van before she was properly sitting down. She smiled as she was reading, sometimes even laughed out laud, often casting a dreamy glance at the blanket of clouds below her. No questions, no requests. Everything was |ttst fine. jjm Por Infoi mcrttoo and booking: or
      78 words
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      88 16 GOLO.4PFEIL GERMANY JL H. The Voyage Collection i$ 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 made from nylon, offering the same features as a safety belt. Trolley bags: $498 (left) $398 (right)
      88 words
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      7 16 nil i'nhi\ i"i i\i suits Tdiiuiiioh MTT'Tig^l
      7 words
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      331 17 Morgan Stanley Dean Winer is a senice mark of Morgan Stanley Dean Witter A Co. W W W w I— B vb Bringing Capital Back to Asia: Eight Votes of Confidence Morgan Stanley Dean Witter is committed to the long-term in Asia. We are pleased to be among the firms
      331 words
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      33 22 Citibank Margin Trading Account. Trade in the Widest List of Marginable Securities. Call 339-7126 Now. THE CITI NEVER SLEEPS Branches at 1 Shenton Way 268 Orchard Road 21 Jurong Ent St 13 www.citibink.com.sg
      33 words
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      87 23 LEICA H_. Stop speculating/ This investment Will SPpreClalC- The Leica series (A i Germany tip the have Bj s u en for f 1.4/35 iaiiaM at auttxrisec LECA testers Mm/ please pronde me information on Camera body Lens Model Others >•« W 6 with 0.85 x i—i M »M viewfinder
      87 words
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      318 24 BUSINESS Notices IN THE MATTER OF THE COMPANIES ACT. CAP. 50 MALITRA REGION PTE LTD At an ExtraordrKiy General Meeting of MALITRA REGION PTE LTD duly convened and held at 23E Sungei Kadut Street 1. Singapore *****7 on 28th May 1998. the following resolution was passed: SPECIAL RESOLUTION That the
      318 words
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      Page 24 Advertisements Column 2
      8 24 Run a special feature on your Grand Opening
      8 words
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      Page 24 Advertisements Column 3
      142 24 ,neuus travels fast l\ SINGAPORE, when you want to reach out to a Ship Sales Tanker Rates. Aircraft Arrivals A. select target audience in the transport and logistics Departures. Regional Weather Reports. Local Ships in industry, only one daily offers you .the advantage Port I pdate. an Fxport/ Import Shipping
      142 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      293 25 Bridge News Reuters TRADING here was generally very quiet with a lower rate reported in most grain trades. The market continues to be bearish for the summer months with brokers now looking towards the autumn before a chance for rates to firm. Fixtures TANKEH& Caribbean Aframax rates were
      Bridge News; Reuters  -  293 words
    • Article
      MARITIME STOCKS
      280 25 offMBKHM *h W CWT Distribution _0.46 -0 01 64 ChuanHup 0.39 -0.01 25 Cos«o Investment .0.74 8SMfifzz?® 0005 406 O- 44 217 Htachi Zosen 0.63 ♦0.02 76 IMC Holdings __HK 5.60 Jays Holdings 0.40 *0.005 4 JuroMShipyard __7.70 ♦O.IS 449 Keppel Corp 3.36 ♦0.04 841 Keppel FELS 4.46
      280 words
    • Article, Illustration
      Lock icon Liner group may impose surcharge on Chittagong
      444 25  -  Berthing delays at Bangladesh port have increased to seven days By. Marcus Hand [SINGAPORE] Lines calling at Bangladesh's main port of Chittagong are threatening to re-instate congestion surcharges as berthing delays at the port reach a critical level. According to the Chittagong Feeder
      FILE PHOTO  -  444 words
    • Article
      Lock icon Royal Caribbean to pay US$9m in pollution court case
      191 25 AFP [MIAMI] Royal Caribbean said it agreed to pay US$9 million (5514.7 million) to settle charges of dumping oil-con-taminated waste water from its cruise ships. The agreement with the Department of Justice entered in a federal court here calls for US$l
      AFP  -  191 words
    • Article
      Intense competition may force govts to subsidise yards or let them die
      812 25  -  MEWBUILDS By] David Hughes THERE are several crude oil tankers in this week's representative list of new contracts. The past few weeks have seen something of a surge in orders of aframax and suezmax (ie up to around
      812 words
    • Article
      PSA's throughput up 8% in first 4 months
      351 25  -  From Jan-April, PSA Corp handled 4.75 m TEUs By Felix Chan [SINGAPORE] PSA Corp reg istered a healthy 8 per cent throughput growth in the first four months of the year while the port of Hongkong kicked off the year on a
      351 words
    • Article, Illustration
      Lock icon Evergreen puts ship orders on hold
      232 25  -  By\ Marcus Hand [SINGAPORE] Taiwanese shipping giant Evergreen Marine has suspended plans for further newbuildings once its current series of orders are delivered. Taiwanese newspapers reported Evergreen chairman Chang Yung-fa as saying that the line had halted plans for new orders for the time
      FILE PHOTO  -  232 words
    • Article, Illustration
      Lock icon Out go old work practices
      978 26 KAOHSIUNG PORT Kaohsiung is now the first Taiwanese port to privatise the stevedoring industry, making it much more competitive Maritime Asia AS THE violent and dramatic dock confrontation in Australia has shown, labour reforms can be difficult to achieve in the face of a stubborn
      Maritime Asia  -  978 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      254 26 PACE Danveron 4 ACL 9 °i* Lloyd 9 an l 3 Dongnama 3 Accord 8 ECL 5 Appenship 5 EtW °P ian 6 Astro 3 Eorohans 6 Austral 9 Ewr r<en 6 BSA 7 F00nflSun 8 Batamindo 7 G L,nk 4 Bays*ater 6
      254 words
    • Article
      SHIPPING GUIDE
      25134 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number i inmmnmhmimmnmhmhmimmmmmmhmmmmksmmmmhhmmmi A 13/06 17/06 ACL MATHU BHUM 368N 65-*****21 14/06 17/06 ACL KOTA RAJA RJA031 65-*****21 *«IPk IAAI /AO I*
      25,134 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        863 39 Vossol Voy No Berth Arrival Dtpartur* •ftwwjlM J02 «o~ivd. 04.04/0400 •rmaoa 5 38 J17 alongside 03 06;2359 j-"*~ M EES nSflg Julye *****8 302 alongside 0104/2300 Bt U*8 881 *****8 301 alongs.de 03 06/1808 «LM»»»'< *****8 301 etonJs.de 0104/N00 0 K)698 J01 Z£ide 0304/1700 UituwiJ 3U*3 301 alongside
        863 words
      • Article
        CONTAINER SCHEDULES
        1807 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/BoUnco Rstls Ship Voy No Etb/Str Period From To from Aci Host 0071 05/1400 U 03/1900 03/1659 03/1*0 II 03/1500 03/1459 03/1900 2A 03/1700 04/0459 04/0900 21 03/1700 04/0459 04/0900 04/0700 04/1159 04/1400 4 04/1200 04/1459 04/1700 tKjry ION 05/1200
        1,807 words
      • Article
        GLOBAL HOLIDAYS
        170 39 Jua 5 Denmark: Constitution Day. Jua Malaysia: Birthday of HM the Yang di-Pertuan Agong Birthday of Prophet Mohammed. South Korea: Memorial Day. Jaa 8 Australia: Queen's Birthday Holiday. Greece: Orthodox Pentecost holiday. Jon 10 Portugal: National Day. Jon 11 Austria: Corpus Christi. Portugal: Corpus Christi. Jan 12 Philippines:
        170 words
      • Article
        COCKETT BUNKER MARKET REPORT
        1006 39 THIS report, compiled by Cockett Marine OU Ltd. shows price ranges in US dollars Instead of single prices lor a more comprehensive description of the market Prices shown are based on average sued stem Market movements are indicated The Cockett Bunker Price Index change and the
        1,006 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        542 39 Cartoon 180 Mai 992.2 1.0 18.0 0.11 46 0.07 May 28 Pewit* Hater Rtsldut Ash Aluminium Sediment No above E25 6 0 9 1 0 0 %M<>| 380 A** 987.2 01 16.6 0.06 32 0.03 t„„ 380 Mai 991.5 0.8 19.5 0.16 72 0 09 Wtfi
        542 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon FAA must do more to prevent weather-related plane accidents
        484 40 US aviation agency not allocating enough funds for weatherrelated programmes: govt auditors' report Bloomberg [WASHINGTON] US aviation regulators are not doing enough to prevent weatherrelated aircraft accidents, government auditors said in a new report. The auditors, using aviation data compiled by
        Bloomberg  -  484 words
      • Article
        Lock icon Volvo expects new car models to help keep it independent
        362 40 Bridge News [FRANKFURTI Unveiling the First model in its new generation of cars, AB Volvo said new executive sedans will help keep its Volvo Car unit independent despite growing competition and consolidation in the global car industry. "It's a great
        Bridge News  -  362 words
      • Article, Illustration
        Lock icon Air France pilots warn of long strike
        317 40 Union pessimistic about outcome of ongoing talks Reuters [PARIS] Air France was forced to cancel most of its flights for a third consecutive day yesterday, just one week from the start of the World Cup, as pilots warned that their strike would be
        Reuters; REUTERS  -  317 words
      • Article, Illustration
        Lock icon Amtrak trains can continue to carry cargo, transport board rules
        269 40 Bloomberg {WASHINGTON] Amtrak can continue to mix cargo and passengers on its lines and may also increase the amount of cargo it carries on its trains, the US Surface Transportation Board said. The ruling came after months of debate with
        Bloomberg; FILE PHOTO  -  269 words
      • Article
        Lock icon Beijing has not cut down on 50-plane order: Boeing
        485 40 Bloomberg [SEATTLE] Boeing Co said its 50-plane order from China announced last October has not been reduced and that it continues to negotiate with China about future orders. Earlier on Tuesday Agence France Presse reported that China would order 20 to
        Bloomberg  -  485 words
      • Article
        Lock icon TWA, Boeing lose bid to limit damages in air crash lawsuit
        414 40 Bloomberg [NEW YORK] Trans World Airlines Inc and Boeing Co, the world's largest aircraft maker, lost an attempt to limit potential legal damages to the economic loss resulting from the deaths of the 230 people aboard TWA Flight 800.
        Bloomberg  -  414 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1719 40 CUT fUCHT n* FU6MT ITO tMM BA7381 1930 IA7382 2055 la SOW 1710 S0W0 0B5 »81 1930 Of12 2055 timrtwPK S0603 1905 C2352 0635 ***** 2220 COM 2045 $0804 1020 Amsttrtfa« KIM3 0450 KL846 0040 MmHK CZ3097 2010 aw MB 1P> QIC Nm£*M WW WW S
        1,719 words
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      22 25 Kaohsiung port gets rid of old work practices Kaohsiung is now the first Taiwanese port to privatise the stevedoring industry. Page 2
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      Page 25 Advertisements Column 2
      161 25 FAA must do more to prevent weatherrelated accidents US aviation agency not allocating enougli funds for weather-related progranimes.Back Page LLI neuus travels fast IN SINGAPORH. when \on want to reach out ton select target audience 111 the transport and logistics industry. only one daily offers \ou the advantage ot maximum
      161 words
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      717 26 I IMPORT 1 NORTHAUtmCA I QULP/INDIAN SUB-CONTINENT I SUPER SHUTTLE EXPRESS 11 IQULF KARACHI EXPRESS (QKX) Vlssn VOTAG I iw I sw vfssa vor I jea mm mm I wd I ui I«x Ikgl mi 00<1 JAPAN 24W521 27/0$ M/M ooaam 2JWS22 03/04 21/04 PM NEDUOYD DUOAI 27! 20/05 21/0$
      717 words
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      Page 26 Advertisements Column 2
      84 26 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Hong Kono > All China Portm lEVEHV TMUR A SUN VE»»tL) ViSSIL VOY ETP SIN ETATYO ETA KOI ETA Y0« ETA HOP ETA OSA MONTE ROSA
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      Page 26 Advertisements Column 3
      715 26 xgo'i'oX Lines 4 services represented 409&K. u m Singapore Shipping Association NEW ADVERTISER Find out more about their service: Project Asia Service V———I i J Turn to Page 9 1 Send out 48,000 copies of your sailing schedules Place an ad in... Shipping Times Just talk to us Iris Lim
      715 words
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      Page 27 Advertisements Column 1
      1030 27 SAX SERVICE (DIRECT) rasa vor s<neu iax oak dai hqu ch cot mim m hyc AfITOUKMAUNI 0171 03/06 22/06 72/06 22/06 23/06 27/06 23/06 23/06 24/06 24/06 003 C 10/06 25/06 29/06 29/06 30/06 29/06 30/06 30/06 08/07 01/07 AftGAAMT 0171 17/06 02/07 06/07 06/07 07/07 06/07 07/07 07/07 10/06
      1,030 words
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      Page 27 Advertisements Column 2
      1778 27 0 HANJIN SHIPPING HANJIN SHIPPING (S) PTI ITO Imp//••» hon*. com BOOKING 37*0235 737 WIS *****74 23« DOCUMENT *****71 774 OPtRATIOHS *****4 1757 MAINLINE *****55 fAI *****40 (INO M *****0000 M TO NW USA A CANADA I USA CANADA' HWVSI/VOT MM 51 UWMAm/VOT I s TIW I DM I PQ|
      1,778 words
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      Page 27 Advertisements Column 3
      348 27 VESSEI WT_ _SNI_ PK6 VOT SIN HUG Kil USK PUS |«SSa I MATC HONGKONG MIS 31/05 02/0* MIN 03/0* 07/0* 01/0* I I/O* 12/0* m I ?VJS I it,ft I IMfcl I «MTC PUSAN M7S 05/ M 12/ M 14/ M I*/0* 17/ M tStr KTPiiWf, gats I ***** 1
      348 words
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      1068 28 C DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN/CANADA TRAOtETERNITY |»"Y I?" I |"«SS£l IvOY $M JED BIT SPf |fOS H.C |mTH PUGWASH SENATOR WN»H MM mm »2£!! M M <*"<»"* «M 17 H 71M 25 06 27 H IHT MAM*SAVAWAH E" W#7 M#7 P Clf,CSf l <» <«•" 21N MM
      1,068 words
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      Page 28 Advertisements Column 2
      1181 28 MY MMG Internal Web Sit* http: //www.yml.com.tw i'ljiflHAllJli44'if ffc*.• -<| Em Addr M: c,ehp72oymlcomtw """v* l F|XE o DAY-TUESDAY V£SSEL vov >-EM FXT HAM anr uci ill] DOVER BR ABI6E SLD SLD SLD SLO SLD M4K MING STAR ABI7E 20/05 SLO SLD SLD stS S MALACCA BR ABIBE SLD SLO
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      Page 28 Advertisements Column 3
      427 28 ~II&I JESSELT °N LINE A TIL: *****36 PAXi SSS2I ia MUARA ~1 1 LABUAN vsssa vor rro eta vissa vor rro eta SPORE MUARA SPORE LM Afttaotr vi 4i/9# 05/0* ot/ot apmeoort vi«i/m os/ot oi/ot J. PROSPER VISC/98 10/06 13/0* IPWSPtR VISE/91 10/0* 14/0* AmOMY VI SI/ft IS/06 IS/0* APWOORT
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      1502 29 VESSEL VQY SIN PQU PKO PEN BLW SUR DUB BA BIK IRAN VAHDAT PJL 1284 21/05 30/05 IRAN TAKHTI PJL 1286 01/05 10/05 11/05 IRAN TEYFOURI PJL 1287 08/06 17/05 18/06 IRAN MOBIN PJL 1293 20/06 20/06 30/05 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E.
      1,502 words
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      Page 29 Advertisements Column 2
      1398 29 DIRECT SAILING TO SHANGHAI XINGANG I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL' 226 1900 FAX: *****08 OUTWARD (l/l) I COSTAR SHIPPING PTE LTD #17-OSDISILDG SALES/BUGS *****4i/43 INWARD DEPT (D/O) *****8s COSTAR AGENCIES (M) SDN BHD /55 T *****25 KL 5 ***** FW: 02^^*****70 mmrwnai/HiTff I 111 1 I W
      1,398 words
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      Page 29 Advertisements Column 3
      608 29 EASTERN CAR UNER, LTD.""S,'sftiT' t eg (SINGAPORE) PTE LTD SPIQAUZE IN WORO HEAVY LIFT UPTO 122 TONS ECL (SINGAPORE) PTE LTD LOADING FOR LONG BEACH TACOMA/ VANCOUVER I HO CHI MINH/HAI PHONG/BINTULU MV "COSMIC MASTER" V.50 MV "ORIENT ROSE" V.25A ETA SIN 05/06/98 ETA LONG BEACH 06/07/98 ETA SIN 04-05/06/98
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      1287 30 I EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA I t I SGP ROM ANW MBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP I I ncri2r oTu J;. ,2® ?6,06 01/97 2706 29/06 30/06 01/07 E GLOWING RE-044 10/05 12/05 13/05 11/05 15/05 06/06 06/06 I I Sm,.cnK l 3 06 02/07 07/07 03/07
      1,287 words
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      Page 30 Advertisements Column 2
      869 30 MAC-NELS S'PflftE M'SIA Carrier. MM CONTR LINES, INC p. gudang: (07) *****26 M\y J cm MO: **********0E S»U: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P KELANG: (03) *****77 JKT: (21) 6908m 7 MON: (61) *****3 KUCHING (082) *****1-3 WE ARE PLEASED TO
      869 words
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      Page 30 Advertisements Column 3
      470 30 [fa. NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VQY I SIM I PIU 1 PUR I CPT I R/lAT NANTAI VENUS V.027S 17/06 21/06 26/06 01/07 04/07 GOLDEN DRAGON VQQSS 18/06 27/06 01/07 06/07 NANTAI PRINCESS VO72S 25/06 13/07 17/07 NANTAI QUEEN VO2BS 08/07 17/07 21/07 26/07
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      403 31 BSA^ MA MYANMA wBBk FIVE STAR LINE W (Myonmar Notional Line) Loading for Yangon (Rangoon) VKSII VOT SIN PKG PEN PGU MERGUI 143W SU> •AGO 102W SID MALAYSIA AGfNTS: BOUSTEAD SHIPPING AGENCIES KUI: Til 02-03-*****00 PKL Til 02-03-*****01 P!N: m 02-04-*****02 PGO: Til 02-07-*****21 /4 M BANK LINE (A service
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      Page 31 Advertisements Column 2
      1206 31 A HYUNDAI MERCHANT MARINE CO. LTD. Ivissa VOY SBI I SOU UH RTM I ANT I HAM I BRV I FB. I IVPSE VOT SOU IB« I KTH» I AHT I HAOI I 88TV I FB I W HY BARON 313W 04/06 22/06 27/06 24/06 25/06 BK 546E 11 /05
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      Page 31 Advertisements Column 3
      1063 31 norwegon speco'i/eO oufocomen MJNfiV/lHELMEN f^tP)^CQl(^ TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" VESSEL VQY RAMP HEIGHT M LAX CRL MIA SAV 8AL ORE NYC NEW MOt IlTOIA F812 400 Tom 6 3M 14/0* 08/07 17/07 20/07 22/07 24/07 2S/07 26/07 31/07 01/01 TARONGA F813 400 Tom 6.3M 25/06 25/07
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      693 32 BANQKOK/LAEM CHABANO JAKARTA/PAN JANG VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN XETHA BHUM 235N In Pt 07/06 GURU BHUM 80SB In Pt 07/06 ANAN BHUM 106N 06/06 10/06 ANRO GOWA' 036 06/06 10/06 ACX RUBY 23N 07/06 10/06 11/06 DEJA BHUM 750S 06/06 10/06 YANTRA BHUM" 243N
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      Page 32 Advertisements Column 2
      491 32 IBINTANG MAS SHIPPING PTE. LTD 39 NEIL ROAD SINGAPORE 0206 TEL: *****68 FAX: *****64 TLX R*****5 SINMER -J CR No: **********0W Receiving Cargo at PTI I Blntulu I I Muara VISSII VOY SIN ITU VESS{I VOY SIN MUA 1 Sere V9BIIE 06-07/06 13/06 MJad» V9809E 06-07/06 12/06 I Mod V9BOBE
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      Page 32 Advertisements Column 3
      577 32 A /ICCORD A SHIPPING PTE LTD TIL *****13 (40 Line.) FAX *****30 KM UAMG (03)3****** If mm WRECT ACCESS TIL *****55 (EXPORT BOOKING) MSM GUOAMC (07)*****77 |H *****34 (EXPOItT DOC), *****39 (IMPORT) FOIAN6 (04) *****40 URLHTTP://WWW.ACCORO.COM.SG JAXAiU i (71)040 0770 SAA^ i POW ETA SIN PORT lU SIN POUT m
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      Page 33 Advertisements Column 1
      428 33 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE V L VP* p PORE IA OAM/R QAM H BURG OREMEH ANTWERP A VESSEL 22/07 ~27W OMIT 02/08 TO AUSTRALIA ~J FULL CONTAINER SERVICE Wtt FRt BNt SYD MEL HOA API IFRE PiO KPLLOYO IRISIAWt VOOS 07,« 10.06 1&06 2100 2«.W 2406
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      Page 33 Advertisements Column 2
      1037 33 I_ ADVANCE CONTAINER LINES (PTE) LTD AP I 140 Cecil Street, #12-00, PtL Building. Singapore *****0 LZ TEL: *****21, FAX *****19, TELEX RS ***** ACL PL CR NO. **********0E OPERATIONS: *****60 *****05 BANGKOK JAKARTA (Wertly S »H» P»T/2 Slgt LCM/1 Slg »MT) (5 S»Uingi.--Wa*>) VESSEL VOY SM BKK VISSa VOY
      1,037 words
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      Page 33 Advertisements Column 3
      863 33 VESSELS s*?l J§P MLA LEH HAM THP FtTM ZEE VILLE DC MIMOSA V26W 04/06 13/06 17/06 22/06 24/06 26/06 26/06 27/06 VILLE DC TANYA T26W 09/06 17/06 22/06 26/06 29/06 01/07 02/07 00/07 VILLE DC TAURUS A2BW WH 24/06 29/06 06/07 06/07 06/07 06/07 00/07 VILLE D'AQUARIUS U26W 01/07 06/07
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      Page 36 Advertisements Column 1
      49 36 stem) Dial 740-6000 on demanal —(Retrieve more schedules!) Press "1" Select the port and key in s 'yj the four digit code eg: To New York (NYC) 2275 Key in your fax number your phone number Another innovative service offered by CT The document Will be SHIPPING TIMES VMS) <%%%>!£.
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      125 39 LEGEND: R Thunderstorm Temperature c A V Shower Weather ~S Wind direction with speed in knot* ee Ram Vy Cloudy Sky Wov h M Surface winds are indicated by arrows which My with the wind \*j One fu# circle represents calm or light and vorioble winds t One half Heche
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      58 40 VI. V. BROTHER STAR' VOY74ARRD 1 JUNE 1998 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 5 June 98 0900-1200 hours at PT9 (NTY's Office). No further survey will be entertained thereafter. As Agent*: "K" LINE KINKAI
      58 words