The Business Times, 16 June 1998
1998-06-16
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The Business Times
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Title Section13 1998-06-16 1 THE BUSINESS TIMES MITA(P) 110/12/97 0&* SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, JUNE 16, 199813 words
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Article70 1998-06-16 1 SIH MKLB4 (-38.65) BT-SBI ***** (-23.29) nnoov MWQS4 (-40.11) BTMGA S3SJ4 (-30.28) MOOD: Mm Down STOCK MAEKET INDICES Monday Change KLSE COMP ***** -29 tt NIKKEI 14,825.17 -197.16 HANG SENG 7,***** -***** SET INDEX 263J9 -15.98 JAKARTA COMP __4MUH -157 MANILA COMP _1,746.86 -82.16 TAIPEI WP! 7,283.83 +166.7270 words
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Article79 1998-06-16 1 FOBEX BATES uss s$ IBS 1.763 £(USS/S$ per 1.631 2.869 DM 1.816 0.966 YEN 146.1 15OT RM 4.07 #.431 HKS 7.74 0.226 BAHT 43 JW 0.040 RUPfAH ***** ».Oir St to m units PUKE SATES SINGAPORE* 7.88 KUALA LUMPUR 11.50 JAKARTA 28.00 BANGKOK 14.75 MANILA .22.90 HONGKONG 10.25 TAIPEI79 words
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Article, Illustration812 1998-06-16 1 Loh Hui Yin Ven Sreenivasan - Regional equities mauled as yen's plunge pnts more pressure on yuan From. Loh Hui Yin Ven Sreenivasan in Singapore THE Hongkong stockmarket plunged a massive 5.7 per cent yesterday, pulling down Singapore stocks 3.5 per cent, as nervous investors bailed outSource: Bloomberg - 812 words
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Article, Illustration519 1998-06-16 1 Larry Wee - By Larry Wee [SINGAPORE] With no respite in sight for Japanese markets, further sharp slides on Asian currencies and bourses set the stage yesterday for what could be another bone-chilling week ahead. As trade numbers came in weaker than expected, the Japanese yenSource: Bridge Info - 519 words
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Article, Illustration44 1998-06-16 1 [TOKYO] The Japanese economy may be hurting, but this discount golfing goods store in Tokyo is doing okay. Thanks, no doubt, to the Japanese love for golfing and customers that include staffers working in the various government ministries nearby. REUTERSREUTERS - 44 words
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489 1998-06-16 1 FT [NEW YORK] US acquisitions of Asian businesses so far this year have reached US$B billion (5513.8 billion), double that of the previous record, reflecting a drive by US corporations to take advantage of Asia's deepening crisis. Securities Data, a USbased monitoring agency,FT - 489 words
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Article63 1998-06-16 1 Reuters [NEW YORK] Stocks tumbled in morning trading yesterday as Wall Street was again caught up in the latest Asian markets' downdraft. At 1 pm EDT, the Dow Jones Industrial Average was down 111.85 points at 8,723.09 after closing 23 points higherReuters - 63 words
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Article, Illustration496 1998-06-16 1 Vikram Khanna - From the business point of view, yen should be 110-120 By Vikram Khanna [SINGAPORE] In an assessment of the impact of the sliding yen by an official close to the ground of Japanese business, the vice-chairman of the Keidanren said yesterday ifDENISE TAN/THE STRAITS TIMES - 496 words
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Page 1 Advertisements
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Advertisement139 1998-06-16 1 DlglPß Hat stock Insurer APM Ltd made a stunning debut on the Australian stock exchange yesterday, briefly pushing up the Aussie dollar as institutions clamoured to put the stock in their portfolios, Pgl4 Aplwttfepaiß At a time when companies are posting lower profits, Thakral Corp has managed a 3% rise139 words
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Advertisement49 1998-06-16 1 You never actually own a Patek Philippe. You merely look after it PATEK PHILIPPE GENEVE Begin your own tradition. Roy Eastern Watch #01-86/88 #01-74 Lucky Plaza 304 Orchard Road Singapore *****3. Tel: (65) 734 3139 (65) 734 1935 #01-18/20 Centrepoint 176 Orchard Road Singapore *****3. Tel: (65) 235 253649 words
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Advertisement7 1998-06-16 1 Where Asia shouldn't emulate Japan, Pg 57 words
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SINGAPORE AT HOME & ABROAD
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Article, Illustration305 1998-06-16 2 Soh Tiang Keng - By\ Soh Tiang Keng WITH the economic slowdown in Singapore, premium rate competition arising from excess underwriting capacity will hot up as demand in the general insurance market shrinks. This warning is given by Ng Kee Choe, chairman of the Insurance Corporation of305 words
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412 1998-06-16 2 Ang Wan May - Move comes amid concerns over impact of parent's woes and retail downturn By. Ang Wan May EMPORIUM Holdings has been busy assuring jittery suppliers who were concerned about the impact of its parent company's problems and the severe retail downturn on the department store chain. Responding412 words
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419 1998-06-16 2 Clarissa Tan - Amex's new credit card charges up to half the 24% imposed by other firms Ryl Clarissa Tan THE Monetary Authority of Singapore (MAS) says it will not influence the interest rates that card companies charge on the rollover amounts on419 words
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395 1998-06-16 2 Conrad Raj - Hopes for redaction to 3%, similar to hanks, dashed By i Conrad Raj FINANCE companies will continue to maintain a minimum cash balance (MCB) of 6 per cent with the Monetary Authority of Singapore when that requirement for banks is395 words
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590 1998-06-16 2 Ex-CAD chief had immunity letter from A-G, his lawyer says The Straits Times THE case against former Commercial Affairs Department (CAD) chief Glenn Knight should be thrown out because it was an abuse of the legal process, his lawyer said yesterdayThe Straits Times - 590 words
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Article, Illustration303 1998-06-16 2 Clarissa Tan - EYE ON THE ECONOMY Bank loan By{ Clarissa Tan BANK loan growth continued to tumble in April this time by almost 2 percentage points making it the sixth straight month of declining growth. Overall loans totalled $140.3 billion in April, up 7.3 per cent comparedSource: MAS - 303 words
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Article, Illustration577 1998-06-16 2 Suiv Taneja - Fond managers plan to focns on benefits of regular savings plans in marketing By\ Suiv Taneja WITH the new rules on regular savings plans (RSPs) for unit trusts, fund managers have begun revising downwards their minimum investment limits, with plans to reorient577 words
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356 1998-06-16 2 Carol Eng - By i Carol Eng GO FOR the bottomiine and not just revenue, the National Association of Travel Agents Singapore (Natas) has urged tour operators taking part in its new theme travel fair coming up in September, which will sell on quality356 words
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Page 2 Advertisements
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Advertisement73 1998-06-16 2 I'kK I! I RIM )l s| ui si 11 :i ikl U \l I l l s I l\K ARTS \l lOM.I us AN IMPORTANT I XHIBH lON and SAM kxckptionai.pkrsian, Turkish CENTRAL ASIAN CARPETS Including \uti(|ue. Silk ;ind Museum Le\el Ixamples ate»oriscd Superl) :iikl rare I lie Sh Sameveh73 words
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FOCUS: PROPERTY
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Article1055 1998-06-16 3 Property auctions coming up THURSDAY, JUNE 18 (11.30am) Grand Plaza Parkroyal, Ballroom 1 Residential: 58 Fort Rd, Paterson Mansion: 3-brm apt. 1,281 sq ft/FH" 12QA FideJio St: 3-sty semi-D, 5,101 sq ft/FH* 32 Jin Lebat Daun: 2-sty semt-D, 3,442 sq ft/999 yrs** 17-46 Mandarin Gdns, 5, Siglap1,055 words
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Article, Illustration410 1998-06-16 3 Diana Oon - Year-on-year, figure's down 7.9% at end-March; condos in western part worst-hit sliding to $1.83 psf per month By Diana Oon [SINGAPORE] RENTALS for residential property fell by 8.59 per cent for the whole of 1997, and continued to fall bySource: MAS - 410 words
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466 1998-06-16 3 Records cropping up daily; houses snapped up almost within 24 hours FT [LONDON] San Francisco's property market is experiencing a second gold rush and has managed to avoid so far catching a nasty cold from the financial troubles in Asia. Fuelled by money from SiliconFT - 466 words
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Page 3 Advertisements
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Advertisement88 1998-06-16 3 For Sale Lease Freehold 7-Storey Warehouse Off MacPherson Road Ideal for corporate HQ g Land area: 30,000 sq ft jA Nil Fir area: 4,800 70,000 s.f. iHi Ample basement carpark Kffr Ceiling height 4.5/9 m Fir loading 10/20 KN/sqm I s mins Ml to Tm Payoti I MRTSMto* T Doubtoroadlrontap88 words
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Advertisement259 1998-06-16 3 CORUM LADYT "Lady T": a young and confident look which all wearers will value. CORUM SUISSE j Official general agent: Lux time Singapore Pte Ltd Boutique: 391 Orchard Road, #02-12E Ngee Ann City, Takaihimaya Shopping Centre Singapore *****2 Tel: 755 7578. Internet: http://www.corum.ch .aV A 'For first 10 commitment* only:259 words
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Advertisement122 1998-06-16 3 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 Ideal for corporate identity For more details, please contact Sole Marketing Agent CB Richard Ellis (Pte) Ltd Tel: 224 8181 l CONSERVATION122 words
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MARKETS IN TURMOIL
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403 1998-06-16 4 Anthony Rowley - Weak yen having damaging effect on Japan's imports from Asia and elsewhere From. Anthony Rowley in Tokyo THE yen yesterday continued its now daily slide, falling to 146.20 to the US dollar and to new lows against the403 words
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495 1998-06-16 4 Jennifer Veale - From, Jennifer Veale in Seoul INVESTORS dumped Korean stocks yesterday over fears that the yen's fall could puncture exports and the nation's currency, dimming hopes for a smooth economic recovery. The stock index sank nearly 5 per cent after falling more than 8495 words
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282 1998-06-16 4 Reuters [SEOUL] The Bank of Korea governor yesterday said the outlook for the nation's economy was bleak for the rest of 1998 with unemployment only getting worse. Chon Choi Hwan, in an advance copy of a speech commemorating the establishment of the KoreanReuters - 282 words
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447 1998-06-16 4 The Straits Times THE United States and Japan must work together to prevent the Japanese yen from tumbling while also avoiding a sudden slide in the value of the US dollar, said Senior Minister Lee Kuan Yew. Attempts to talk down theThe Straits Times - 447 words
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187 1998-06-16 4 Reuters [BEIJING] China's parliamentary chief Li Peng urged Japan yesterday to stabilise its economy, saying the slide of the Japanese yen had put fresh pressure on Asia's economies. Xinhua news agency quoted Mr Li, chairman of the National People's Congress, as sayingReuters - 187 words
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Article, Illustration427 1998-06-16 4 Al Lahita - Interest rates soar dimming economic recovery prospects From, Al Lahita in Manila FEARS of an Asia-wide meltdown rattled financial markets in the Philippines, sending interest rates higher and dimming the economy's recovery prospects. The 91-day treasury bill, the benchmark for banks' prime lendingAFP - 427 words
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617 1998-06-16 5 Loh Hui Yin - Five-year strategic plan aims to ha ve 1,000 firms listed, up from today's 664 From'. Loh Hui Yin in Hongkong ALTHOUGH the Hongkong bourse slumped to a threeyear low yesterday, the Stock Exchange of Hongkong (SEHK) is pressing ahead with an617 words
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Article265 1998-06-16 5 Reuters [HONGKONG] Hongkong Monetary Authority head Joseph Yam said there had been heavy Hongkong dollar selling in New York last Friday and the banking system would be short of the local currency, a newspaper reported yesterday. Adding to earlier activity, the sale ofReuters - 265 words
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482 1998-06-16 5 Vikram Khanna - By' Vikram Khanna [SINGAPORE] Japan's gradual approach to dealing with its financial system's bad loans has proved "very hazardous" and should not be adopted by Asia, a Japanese economist said yesterday. Speaking at a conference here on the regional economic482 words
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Article, Illustration333 1998-06-16 5 Reuters [JAKARTA] Indonesian legislators yesterday questioned the International Monetary Fund's top Asian expert on why the IMF was delaying the disbursement of a further bal-ance-of-payments loan to the country. Hubert Neiss, director of the Asia-Pacific department of the IMF, explained the procedures the IMFReuters; REUTERS - 333 words
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391 1998-06-16 5 Shoeb Kagda - One-month rate at 58% choking off much of corporate sector From\ Shoeb Kagda in Jakarta INDONESIA'S already stagnant economy could be further hammered by a hike in interest rates if the country's currency weakens further, analysts told BT yesterday. Over the past391 words
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Page 4 Advertisements
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Advertisement149 1998-06-16 4 it I f I yut ijfos Hie Preferred Chain of tourist-class budget Hotel (with over 1000 rooms) BMajfißßfiS jj t j AHn«lal!iialii MiaSaaJ Hotel 81 Orchid Hotel 81 Princess Hotel 81 Ster l Anract ve v DricGd 21 uummww tOSuit O bdt Td:B42 818 L Tel: 748 8m jy Hotel149 words
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Page 5 Advertisements
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Advertisement21 1998-06-16 5 •Tung Centre •Parkway Parade •A-Z Building •Paya Lebar Road For details, please contact owner: Tel: 437 6853 437 6872 534 313221 words
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Advertisement76 1998-06-16 5 4 Announcing EQUANT. One company comprised of three global leaders: EQUANT Integration Services (formerly ITS), EQUANT Application Services (formerly Novus) and EQUANT Network Services. The result is a single source for global data network services for businesses, from the WAN to the LAN to the desktop, that is unparalleled anywhere76 words
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SOUTH-EAST ASIA
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Article, Illustration466 1998-06-16 6 JAKARTA Investigation will root ont contracts that were a warded without open bidding Bloomberg AFX-Asia INDONESIAN President BJ Habibie's government unveiled details of a plan to investigate and "wipe out" official corruption, and sacked its attorney-general Soedjono Atmonegoro to lend credibility to theBloomberg; AFX-Asia; REUTERS - 466 words
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233 1998-06-16 6 JAKARTA Reuters THE riots that rocked Jakarta in May were spontaneous and there is no evidence that any group co-ordinated the violence, the military commander for the Indonesian capital was quoted as saying yesterday. The Jakarta Post said MajGen Sjafrie Syamsuddin told reporters some ofReuters - 233 words
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491 1998-06-16 6 KUALA LUMPUR Bat analysts see pressure on prices continuing as a result of the drought Reuters MALAYSIA yesterday announced a smaller than expected annual inflation rate for May but economists predicted price pressures would continue in the months ahead. The consumer price indexReuters - 491 words
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170 1998-06-16 6 BANGKOK AFP THE Thai government yesterday revised its official jobless figure down from 2.8 million to 1.4-1.5 million because the earlier number had flated by duplication in the count, deputy government spokesman Parn Pungsucharit said. The new figure was based on dataAFP - 170 words
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322 1998-06-16 6 mSYDNEY Producer nations' group will be left with just 5 members Bridge News INDONESIA, one of the most influential members of the Association of Tin Producing Countries (ATPC), has decided to leave the group from Dec 31, government sources toldBridge News - 322 words
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250 1998-06-16 6 MANILA Govt panel suggests scaling figure to 2.5-3% from 3-4% Reuters A PHILIPPINE government panel has said the country should expect lower economic growth and higher inflation this year than earlier targeted. The panel of technical experts, in a report to the cabinet, hasReuters - 250 words
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Article, Illustration364 1998-06-16 6 KUALA LUMPUR Reuters MALAYSIA'S opposition leader yesterday challenged Prime Minister Mahathir Mohamad to establish a special commission to investigate nepotism, which he said had contributed to a looming economic recession. Lim Kit Siang, secretary general of the Democratic Action Party (DAP),Reuters; REUTERS - 364 words
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Page 6 Advertisements
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Advertisement51 1998-06-16 6 I M jbtojbt*. CPy*. jh^aci. Theßitz-Carlton* millenia sink jar ire Put them U P at the establishment voted 'best new hotel in the world'. Call 434 5118 and they'll get all the pampering while you get all the savings. 7 Raffles Avenue, Singapore *****9. Tel: 337 8888 Fax: 338 0001.51 words
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Advertisement89 1998-06-16 6 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. For89 words
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CHINA-HONGKONG-TAIWAN
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361 1998-06-16 7 HONGKONG And experts sec mainland groups opening more 'window' firms, says newspaper NEARLY 200 Hongkong companies have been identified as being linked to the People's Liberation Army (PLA) or Chinese defence industries in a Sunday Morning Post probe. And, according361 words
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258 1998-06-16 7 BEIJING Sales to EU, Latin America, Africa help offset Asean Haiti and fall AFP CHINA'S exports of machinery and electrical goods remained strong in May despite a drop in overall exports, reports said yesterday. Machinery and electrical exports jumped by 19.1 per cent during January-May,AFP - 258 words
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160 1998-06-16 7 SHANGHAI AFP THE Chinese central bank's branch in the municipality of Chongqing has punished 19 officials of financial institutions for violating regulations, a newspaper reported yesterday. The Shanghai Securities News said the offences included raising interest rates to attract deposits, lending moneyAFP - 160 words
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Article, Illustration202 1998-06-16 7 BEIJING AFP CHINESE President Jiang Zemin will officially open the new Hongkong International Airport at Chek Lap Kok at a ceremony on July 2, a government spokesman announced yesterday. Mr Jiang will unveil a commemorative plaque to open the airport offAFP; REUTERS - 202 words
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Page 7 Advertisements
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Advertisement34 1998-06-16 7 14p Dale Carnegie training® I I to Higher Closing Ratio i I to Telephone Selling Skills I I to Turning Services Into Sales I I to Handling Objection Favourably 1 I S: 220-3836 I34 words
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Advertisement261 1998-06-16 7 pentium* JJ INTRODUCING E-BUSINESS TOOLS FROM IBM. DESIGNED, NOT ASSEMBLED. THOUGHT OUT, NOT PATCHED TOGETHER. I 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 of our261 words
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ASIA
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451 1998-06-16 8 WELLINGTON Economic activity down 1% in period, the largest decline since Q***** Bloomberg NEW Zealand business and consumer confidence fell in all regions in the first quarter, indicating the economy had its widest set-back since 1986, when the government introduced a consumption tax.Bloomberg - 451 words
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Article, Illustration48 1998-06-16 8 [DHEMAJI, India] Villagers crossing a makeshift bamboo bridge as they fled theirflooded village of Dhemaji on Sunday. Heavy floods caused by torrential monsoon rains have claimed at least 60 lives and hit more than 2.5 million people in north-eastern India in the pastfew days. REUTERSREUTERS - 48 words
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Article, Illustration408 1998-06-16 8 CANBERRA Canberra may be forced to re-think economic strategy Reuters THE stunning electoral debut of Pauline Hanson's rightwing One Nation party could upset the economic agenda of Australia's conservative government, analysts said yesterday. Ms Hanson's populist economic policies which include restoring tariff protection andReuters; AFP - 408 words
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343 1998-06-16 8 LAHORE Reuters FORMER Pakistani President Farooq Leghari said on Sunday Prime Minister Nawaz Sharifs anti-sanctions budget was steering the country to disaster. "Nawaz Sharifs errors will cost us much more than the sanctions imposed on us," said Mr Leghari, who resigned after aReuters - 343 words
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337 1998-06-16 8 CANBERRA Reuters THE Australian Tourist Commission (ATC) yesterday announced a Allso million (*****.1 million), four-year advertising campaign which would have an increased focus on markets such as the United States, Britain and Germany. The shift of focus from Asia reflected the impact ofReuters - 337 words
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Page 8 Advertisements
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Advertisement536 1998-06-16 8 VOSDktsSS Notices To advertise call toll-free 1800-*****83 (incorporated in the Republic of Singapore) ANNOUNCEMENT I THE PROPOSED RENOUNCEABLE RIGHTS ISSUE (THE "RIGHTS ISSUE") OF UP T0101.558 355 NEW ORDINARY SHARES OF Ssl.oo EACH ("RIGHTS SHARES") IN THE CAPfTAL OF PACIFIC CENTURY REGIONAL DEVELOPMENTS LIMITED (THE "COMPANY").TO BE IMMEDIATELY CONVERTED INTO536 words
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Advertisement41 1998-06-16 8 BUY it SELL?; FIND/. Classified ads are purr... feet for finding lost little kittens. No matter what it is, you can always buy it, sell it or find it with the Classified. ten m 1800-737-1166 [c*Ukj I (til T«tf«r hi lti«lts41 words
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Advertisement113 1998-06-16 8 Hanson's suppual among Aussies, Editorial, Pg 10 Let Europe weave its spell on you starting with I jA a relaxing, comfortable flight with Aerofiot. flPvßl We offer more value, with our convenient onward connections to major European cities, > H and a choice of stopovers in the I ever-fascinating cities113 words
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THE WORLD
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Article, Illustration554 1998-06-16 9 CARDIFF Ministers urge Tokyo to make further reforms in banking and finance Bloomberg EUROPEAN Union finance ministers said Japan's recession won't halt growth in the 15-nation group, although they urged Japan to make further reforms to its financial system to help the world'sBloomberg; REUTERS - 554 words
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554 1998-06-16 9 Neil Behrmann - Exports to Asia-Pac slumped 19% to £3.1b in first quarter From. Neil Behrmann tnLondon TRADE statistics are confirming previous anecdotal reports that the Asian economic downturn and the steep appreciation of the sterling have badly damaged British exports to the region.554 words
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346 1998-06-16 9 BRUSSELS Reuters EUROPEAN Trade Commissioner Leon Brittan said yesterday that if the Japanese yen continued to decline it would "clearly" put pressure on China's yuan with potentially far-reaching economic consequences. He said it was regrettable that Japan was not in a position to exerciseReuters - 346 words
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268 1998-06-16 9 BEIJING AFX-Asia NON-PROLIFERATION of nuclear arms and missile technology has been pushed to the top of Washington's agenda for the upcoming Chi-na-US presidential summit, US ambassador James Sasser said. Asked which of the bilateral issue "baskets" should dominate the summit later this monthAFX-Asia - 268 words
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Page 9 Advertisements
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Advertisement439 1998-06-16 9 business tools Netfinity 3000: Pentium* II processor 266-350 MHz Up to 384M8 100 MHz ECC SDRAM Netfinity 3500: Pentium" II processor 233-333 MHz (2way SMP upgradable) Up to 512M8 ECC SDRAM THE AFFORDABLE IBM NETFINITY 3000 3500 SERVERS. You want to be an e-business. You don't want to spend a439 words
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EDITORIAL & OPINION
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Article, Illustration740 1998-06-16 10 David Mason - THE BOTTOMUXE OPINION By David Mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT THE unfortunate events in Indonesia have740 words
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Article145 1998-06-16 10 The King's burning love for Pepsi was no secret' -Jon Harris Pepsi spokesman, as the company signed an agreement making Pepsi and its other drinks the only ones to be sold at Graceland, the former home bf rock legend Elvis Presley. The government does well at measuring145 words
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Article609 1998-06-16 10 EDITORIAL IF last weekend's debut of an-ti-Asian politician Pauline Hanson's One Nation Party in Australian politics came as a surprise to anybody, it was mainly to Australians. Asian media and observers have long been watching her party's rise with alarm and dismay for the past two609 words
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Article, Illustration991 1998-06-16 10 Mnch-maligned villains of global finance deserve a better reputation The Economist MALAYSIAN Prime Minister Mahathir Mohamad called them the "highwaymen of the global economy". Others have described them as "buccaneers" and "gunslingers". Modern currency crises the fracturing of Europe's ex-change-rate mechanism in 1992,The Economist; Source:; FILE PHOTO - 991 words
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Article840 1998-06-16 10 HaMMo*! transitional role AFTER sending confusing signals, Indonesian President B J Habibie announced last week that he had no intention of running for election next year. He had earlier announced that the government planned to hold a general election for the legislature next year. According to840 words
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Page 10 Miscellaneous
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Miscellaneous45 1998-06-16 10 POOiiaSBUkT By Garry Trudeau UJOKJ MY TfTAH/T I MJfcLL, H3 R3C£N7iyHAP A PU&GROUP SNfTF/T /NTHSL.A. MPEZ W T MEU,APPAR-\ 6WMHUTS/S J- CAMBPON 7WNK&*T/TAN/C"fS IMKXJUXTT 1 gMIY THE&B J&k. 7HB 6RSATB9THUI IN HISTDRY OPP t 1 ARZfVCKCJS ANP&FURJOJS THAT THAT I I /MOUS? AOF Fe&9JANCB. V^45 words
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Page 11 Advertisements
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Advertisement121 1998-06-16 11 Where to wine, dine and entertain... SSSSSi SSS C.inmllim n <■ A I plaza I rA■KIOTAL 7500 A Beach Road Singapore *****1 Tal: 298 0011 Fax: 296 3600 PAAKAOVAL HOTELS 4 RESORTS AM ASSOCIATE OF THt SfHC HAZA QROUP OVPE VL L-EVELI A Daily A La-Carte menu. Western and local121 words
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Advertisement51 1998-06-16 11 THAI RESTAURANT k Enjoy and savor the perfect combination of our innovative S Thai specialties and friendly V Hospitality. 1. Also at The Heeren shop. mm i v w\V» I ZOOM' I'it 'itSit V, lliHt'll 111 j tr.it inn,, •nomh ;r,it,j > 1/ii f.-v V/. <■ V7: v u >i'»i51 words
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Advertisement42 1998-06-16 11 4i gapore IMM9 Tel: 430 4119 Skylight Cafe Lounge Live Cntcrtainment by "SLACKJACKA" Monday to Thursday 8.00 pm to 11.45 pm Friday to (Saturday i 830 pm to 115 am /i **jsm i ft i cu# tt MWiffllKMlliW M —i——K •< >*S ?,.< mm42 words
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Advertisement72 1998-06-16 11 All you can Eat A-LA-CARTE e Buffet 1 (mln 2 persons) Adult: 16.80++ per person Child: $10.80++ per person Only avalabte on Pubic HoWays. nf n Saturday Sunday from: |Ap 11.30am-3.00pm. "Pronation not appUabte on 21 June "98. j9C_j|Si> 93A,OancflQRoad.<"v—■». WoocW. *****! Td; 775-3209 X: 775-3201 (appaati NUX, next to72 words
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Advertisement92 1998-06-16 11 ijPjV RELISH PINE COURT CHINESE RESTAURANT'S BEIJING DUCK FOR ONLY $25++* Reservations: 831 6*62/96 —*te- m »«c CHINESE 555 Orchard Road Singapore BMMT RESTAURANT Tel: 737 4411 •<••_. 15 Jun« 31 July 25% off buffet lunch dinner Daily "Bargains of the Day" with 50% off selected local and western favourites92 words
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Page 11 Miscellaneous
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Miscellaneous761 1998-06-16 11 TV&RADIO Basket hall- mr a Lo PM News 5 Ttxla V Fol 1100 The Unbeatables. Q7/CW Finale lowed By Rolling Good 12.00 MN Entertainment Chtelnßu U vfnfah Times News Ex P ress JazzrS 2.0° NewssTodayFoUowed LOO AM Tsuyoshi Hold 9.00 Soccer World r.m o« By Mac «y ver Ti B761 words
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Miscellaneous169 1998-06-16 11 CIKKWIC CROSSWORD across Pp I 1 Linesman who is ready to ||rjrjß~kE —W~— to create this musical piece sound sleep (8) DOWN make the most noise (5,7) KmfUmrg SOLUTION 14 Discover and get rid of llflAlVlgt&lfrlflUlMft^MiMPffM 2 As an occupant, I'd resent weeds, perhaps (3,2) AHdMoWnffl being put out (8)169 words
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EXECUTIVE LIFESTYLE
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Article, Illustration534 1998-06-16 12 WORLD CUP 98 But shamed on the beaches as English hooligans attack peaceful Tunisian fans Reuters ENGLAND'S soccer team triumphed on the field in the World Cup yesterday but its hooligans once again tarnished the country's reputation by running amok in Marseilles for the secondReuters; REUTERS - 534 words
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331 1998-06-16 12 Reuters [LYON] An outstanding goal from striker Adrian Ilie in the 45th minute gave Romania a deserved 1-0 victory over Colombia in a World Cup group G match yesterday. Romania looked the sharper side throughout the game and their slick passing was reminiscentReuters - 331 words
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636 1998-06-16 12 Shahiron Sahari - Exuberant players from continent liven up game compared to tepid Europeans By I Shahiron Sahari [SYDNEY] What must surely remain one of the funniest moments in the annals of the World Cup finals happened in 1974, when a defender from Zaire ran636 words
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Article, Illustration271 1998-06-16 12 Shahiron Sahari - By Shahiron Sahari World Cup viewing guide IT Tho ono to watch Brazil vs Morocco (Grp A, 2.30 am, Wed) Brazil coach Mario Zagallo says Morocco has been the most impressive team he has seen in the first round so far, and on the evidence of the Africans'271 words
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Article, Illustration674 1998-06-16 12 Harvey Araton - NBA FINALS By\ Harvey Araton ATT [SALT LAKE CITY] If this was the end, it looked suspiciously like the beginning. Michael Jordan against the world, a celebrated solo act. But even with his odds reduced by age, this wasn't the place, or theATT; REUTERS - 674 words
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Article, Illustration682 1998-06-16 12 Susan Tsang - a FESTIVAL OF ARTS Interplay ef stage ictinaiimMitirs atts an interesting dimensien to tfce play By\ Susan Tsang THE First Emperor's Last Days by Theatre Works brings us into a bleak existentialist world, where four writers are trapped. They have no sense of time, and no meansST/ERNEST GOH - 682 words
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COMPANIES & MARKETS
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543 1998-06-16 13 Abdul Hadhi - 'China play* consumer electronics distributor declares By. Abdul Hadhi [SINGAPORE) Mainboardlisted Thakral Corp yesterday announced a 3 per cent rise in group net earnings to $70.42 million for the year ended March 31,1996 and has declared a special dividend543 words
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391 1998-06-16 13 Conrad Raj - Byt Conrad Raj [SINGAPORE] Fraser Neave shares sank to a 12year low of $4.14 yesterday after it reported on Friday a 69 per cent drop in first-half group earnings to $26.17 million Speculators hammered the property and food beverage stock391 words
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1163 1998-06-16 13 Ruth Wong - HOCK LOCK SIEW Ruth Wong MINORITY shareholders of Perusahaan Otomobil Nasional Bhd (Proton), the Malaysian national carmaker, have reason to be unhappy. In a statement at the end of last month, Proton said it had entered into an agreement with Proton1,163 words
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Article, Illustration369 1998-06-16 13 Teh Hooi Ling - Brokerage expects firm to post $9.2 m net profit in 1998 Byl Teh Hooi Ling [SINGAPORE] Singapore's second mobile phone operator Mobile One Asia (Ml) is worth about $1 billion, according to broking firm ING Barings. And going by the valuation, SingaporeSource: - 369 words
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Article199 1998-06-16 13 [SINGAPORE] Asiamatrix Ltd, a plastics injection mould-maker, yesterday said it plans to write off $22.8 million worth of goodwill this year. The company has decided to classify the goodwill as an extraordinary item under the current financial year rather than amortise it over the next199 words
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REGIONAL COMPANIES
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Article, Illustration539 1998-06-16 14 Russell Baker - When stock hit As4s apiece, it was briefly the largest listed Anssie company From, Russell Baker in Sydney AUSTRALIA'S biggest insurance group, AMP Ltd, briefly became the country's largest listed company when it made a spectacular debut on the Australian Stock ExchangeAFP - 539 words
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253 1998-06-16 14 [SINGAPORE] City Developments has agreed to lend up to U557.35 million (5512.9 million) interest-free to an Indonesian condominium developer that it partly owns. The Indonesian company, PT City Island Utama, is developing the Oseania Kondominium Resor in Jakarta. CityDev owns 30 per cent253 words
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175 1998-06-16 14 Bloomberg [JAKARTAJ Singapore's Oversea-Chinese Banking Corp Ltd (OCBC) has been pledged 15 per cent of Indonesian property developer PT Surya Semesta Internusa as collateral for a loan to one of Surya's parents. PT Arman Investments Utama, which owns 143 millionBloomberg - 175 words
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Article189 1998-06-16 14 Peter K W Leong - Lettish TO THE EDITOR Peter K W Leong Group financial controller Comfort Group Ltd We refer to the comment by Christopher Tan that "it would seem Comfort said 'yes' merely to lend support to NTUC" in the article that appeared in BT on June 6 under189 words
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623 1998-06-16 14 Harish Mehta - From. Harish Mehta in Bangkok THAILAND'S giant Charoen Pokphand Group is urgently seeking strategic partners to bail out its debt-burdened and loss-making telecommunications subsidiary, and has been talking to a telecoms firm owned by the rival Shinawatra conglomerate to buy its shares or consider623 words
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539 1998-06-16 14 Wong Wei Kong - It reaffirms its commitment here despite slowdown By" Wong Wei Kong [SINGAPORE] Jardine Fleming starts trading today as a full international member of the Stock Exchange of Singapore and has reaffirmed its commitment to Singapore despite bearish market conditions. "It is quite539 words
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412 1998-06-16 14 Ruth Wong - From Ruth Wong in Kuala Lumpur CONSTRUCTION group United Engineers (Malaysia) has resumed toll collection for an expressway in the Philippines following the lifting of a court order. The debt-ridden company said late last week that a 20day restraining order on May 27412 words
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COMPANYBriefs
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57 1998-06-16 14 [SINGAPORE] An associate company of Hotel Properties Ltd has sold a 5 per cent stake in the Malaysian branch of the Hard Rock Cafe chain. HPL said yesterday that HRC Holdings Pte Ltd sold the stake in wholly-owned Hard Rock Cafe Enterprise (M) Bdn57 words
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66 1998-06-16 14 [SINGAPORE] Sesdaq-listed Metalock (Singapore) Ltd yesterday proposed a 2-for-l bonus issue of 4B million new ordinary shares of 25 cents each. The company the proposed issue would raise its capital base to better reflect its current scale of operations and could lead to a transfer66 words
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68 1998-06-16 14 [KUALA LUMPUR] US-based rating firm Standard Poor's said it has taken Malaysia's RHB Bank Bhd from its creditwatch list and reaffirmed its 888 long-term and A3 short-term counterparty ratings. It said the ratings were reaffirmed following RHB Bank's disclosure of details of its68 words
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50 1998-06-16 14 [SINGAPORE] Keppel Integrated Engineering will have a new executive chairman from today. He is Wong Boon Kong, a former vice-president of marketing for Otis Elevator's Pacific Asia Operations. KIE said Mr Wong replaces Loh Wing Siew, who is stepping down from the board of directors.50 words
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INTERNATIONAL COMPANIES
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683 1998-06-16 15 Investment bank likely to offer 10-15% of its equity; average exec to be worth USs76m Reuters Bloomberg [NEW YORK] Investment bank Goldman Sachs Co Inc said yesterday its partners had voted to scrap its 129-year-old partnership and issue shares to theReuters; Bloomberg - 683 words
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Article, Illustration537 1998-06-16 15 Reuters [COLOGNE] Rupert Murdoch on Sunday put the German Industry on notice that he wants to become a major player in the world's second largest television market. In the run-up to a highprofile appearance in Germany, the global media magnate setReuters; REUTERS - 537 words
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445 1998-06-16 15 AFP [TOKYO] The struggling Long-Term Credit Bank of Japan Ltd said yesterday it has sold a major slice of its operations for US$l.57 billion (552.75 billion) to a German bank. LTCB sold its aviation and shipping financing division, based inAFP - 445 words
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130 1998-06-16 15 AFP [FRANKFURT] Volkswagen, which has recently moved to buy Rolls-Royce of Britain and Lamborghini, based in Italy, is negotiating to acquire yet another luxury marque, the Italian company Bugatti, the Wall Street Journal Europe (WSJE) newspaper reported yesterday. The paper quoted Volkswagen spokesman Kurt Rippholz asAFP - 130 words
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576 1998-06-16 15 Changes in conditions but premium likely to stay the same FT [LONDON] Is a higher risk premium creeping back into the US stock market? Last week's bounce in bonds and slide in equity prices seemed to point to something of the sort. TheFT - 576 words
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Article, Illustration361 1998-06-16 15 Canadian phone firm topayUSs3Jbin stock for US long-distance carrier Bloomberg [MONTREAL] Teleglobe Inc, a Canadian phone company, said it agreed to acquire Excel Communications Inc, the fifth-largest US long-distance phone company, for about US$3.l billion (555.4 billion) in stock to expand its presence in theBloomberg; Source: Bloomberg - 361 words
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FINANCE & COMMODITIES
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372 1998-06-16 16 Clarissa Tan - Aussie unit will be the only mayor asset in region to be sold fft/i Clarissa Tan (SINGAPORE] An Australian affiliate will be Credit Lyonnais' only significant Asia Pacific unit to be sold as part of a plan to divest assets worth372 words
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310 1998-06-16 16 In search of higher returns, they hny a net 2JSt yen in bonds, 405iH> yen in stocks Bloomberg [TOKYO] Japanese investors were net buyers of foreign stocks and bonds in April as they sought higher returns overseas. Japanese investors bought a netBloomberg - 310 words
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264 1998-06-16 16 Bloomberg [ROTTERDAM] InternatioMuller NV, a Dutch trading and transport company, agreed to buy British Petroleum pic's chemical-distribu-tion activities for an undisclosed sum to gain access to the British and Italian markets and as it seeks a top slot in Australia and New Zealand.Bloomberg - 264 words
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415 1998-06-16 16 Bloomberg [NEW YORK] Crude oil sank 5 per cent, falling below US$l2 a barrel for the first time since 1986, on signs that export sanctions against Iraq could be lifted this year, allowing it to sell freely to a market awash in supplies.Bloomberg - 415 words
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202 1998-06-16 16 rumriJi Report Reuters [SINGAPORE] Simex Euroyen futures firmed yesterday alongside Japanese government bond (JGB) futures on flight-to-quality buying as stock markets across Asia slid on worries about the faltering yen. Tokyo's Nikkei stock average of 225 selected issues lost 1.31 per cent to endReuters - 202 words
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Article171 1998-06-16 16 Charlie Kuo - MSCX TAIWAN FUTURES Charlie Kuo [SINGAPORE] The Simex MSCI Taiwan Index futures rose yesterday morning after the New Taiwan dollar rebounded from an llVear low as the Taiwan Central Bank bought the local currency late last week and vowed to defend the exchange rate. The171 words
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Article266 1998-06-16 16 ENERGY REPORT Reuters [LONDON] Oil prices plumbed new depths yesterday, defying urgent producer efforts to curb the downward march. International marker Brent crude extended heavy recent falls, losing another 15 US cents in early trade to U5512.26 a barrel. Brent now is within strikingReuters - 266 words
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Article293 1998-06-16 16 Bloomberg AFP j THE dollar rose above 146 t Japanese yen for the first time since August 1990 and rose to a two-month high against the deutsche mark as economic turmoil in Asia and Russia drove investors to buy 1 dollars. Strong growth in the US j makesBloomberg; AFP - 293 words
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Article, Illustration727 1998-06-16 16 OVTERBAMK CROSS RATES Jun 15 r-T-r 2— ECU Ffr Pw HK$ tod Yw Ww tM mmttt Ptw S$ iMtf Sir KTl Mt Pern* IBS 1570 l(KS 4-S43 24-7OT KTVO nyp iny> rttg nrnwinwiti wCSTTa IT «g-£«%ssswffsSaS^BffiaBffM Hongkong O220 0.T90 1072 009 0% 0234 tS wuE nro t« H£ P U727 words
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Article1530 1998-06-16 17 SICOM FUTURES w /5 RUBBER (tvrturrs closing it 5.30wr) RSS1 ctatiAq) CtOM VoiWM Opofl to» Sit (totwos) hrtorost t».25 700 A**98 12a50 765 aa ***** ttl75 ***** 350 740 Oct/Doc 98 12&00 4650 J*/ter 99 ***** ***** t3t00 300 1275 99 134.75 MOO RSS 3 CONTRACT (US cwrtiAg)1,530 words
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Article2046 1998-06-16 17 LONDON Industrials Jm IS Mac* 31 Croup 659.400 -X600 AS Ports 337.000 V4.000 A obey National 1008.000 -10.000 AMad Domecq 590.000 -3.000 Amec 212.000 -6.000 Aula Group 192.000 0.800 BAT Ind 577.000 10.000 BGPtc 306.400 -2.600 B4CC 147.000 -3.000 BOC Group 864.000 -21.400 BP Petroleum 858.000 3.6002,046 words
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Article1623 1998-06-16 17 Bloomberg Q Nikkei 225 -II7JI JAPAN'S benchmark stock index fell to a fivemonth low after the government conceded the economy is in recession and the US dollar soared to an eight-year high against the yen. Companies dependent on the domestic economy, such as Nippon Telegraph and Telephone Corp andBloomberg - 1,623 words
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Article, Illustration691 1998-06-16 18 AFP P Composite Indci -LB7 SHARES closed 0.5 per cent lower yesterday amid fears that the fall in regional currencies would slow down a domestic economic recovery, dealers said. The Composite Index closed 1.87 points lower at 406.50. The Indonesian rupiah was trading at 14,700-14,900 against the US dollarAFP - 691 words
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Article, Illustration1487 1998-06-16 18 Reuters Q Hang Seng -4SIM STOCKS dived to a sharply lower close yesterday as buyers took flight in the face of higher interbank rates, brokers said. The Hang Seng Index slumped 452.94 points, or 5.72 per cent, to close at 7,462.50 after hitting a low of 7,438.72. "No oneReuters - 1,487 words
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Article, Illustration578 1998-06-16 18 Reuters QShenzhenßlndex -182 SHENZHEN'S hard currency B Share Index lurched down yesterday, closing lower as losses in Hongkong stocks and the Japanese yen continued to buffet investor confidence, analysts said. The B Share Index tumbled 2.82 points, or 3.38 per cent, to 80.83 on turnover of HK$l2 million, dwindlingReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 578 words
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Article358 1998-06-16 18 AFP HWP Index +166.72 TAIWAN stocks gained 2.3 per cent yesterday, buoyed by a firmer local currency and reported tax deductions for companies, dealers said. The Weighted Price Index rose 166.72 points to 7,283.83, following a 1.3 per cent drop in the previous session. The firmer New Taiwan dollar,AFP - 358 words
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Article232 1998-06-16 18 AFP n Wellington +LO6 NEW ZEALAND stocks closed up 0.05 per cent yesterday after wilting in the afternoon, only narrowly avoiding its 13th day in negative territory. The NZSE-40 capital Index closed up 1.08 points at 1,998.71. Turnover was worth NZ$239 million. AFP *ma COM) ANZBtnkinq 12.50 0.K) *****AFP - 232 words
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Article, Illustration744 1998-06-16 18 AFP Qsgflndei -1&S8 THAI share prices plunged 5.7 per cent yesterday in extremely thin volumes amid the yen's continued decline and fears over the deepening economic recession at home. Analysts said investor confidence in Thailand was suffering at the hands of regional currency turmoil at a time when theAFP - 744 words
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Article416 1998-06-16 18 AFP CI Composite Index -14J SOUTH Korean stocks plunged 4.8 per cent yesterday to an 11-year-low on fears of the yen's further decline and a possible devaluation of the Chinese yuan. "We have no idea as to how much further the market will continue to fall," a Han jinAFP - 416 words
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Article592 1998-06-16 18 AFP PAUOrdmiriaß -42 AUSTRALIAN share prices lost 0.2 per cent yesterday as the market devoted most of its attention to the float of insurance and investment giant AMP Ltd, brokers said. The All Ordinaries Index closed down 4.2 points at 2,567.5. The All Industrials Index gained 7.1 points toAFP - 592 words
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Article302 1998-06-16 18 AFP Q Manila -811g PHILIPPINE share prices closed 4.5 per cent lower yesterday on concerns the falling Japanese yen could trigger another round of currency depreciations in the region, analysts said. The Philippine Stock Exchange Index fell 82.16 points to 1,746.86. Volume reached 405.16 million shares valued at 835.39AFP - 302 words
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KUALA LUMPUR STOCK MARKET
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Article8133 1998-06-16 19 INDUSTRIALS Consumer products L«*» Vet Day Net Cap L ciiw( m -ooo u» p/k tw 310 WO Ajinomoto 220 -4 I 220 220 12.1 89.2 148 62.5 Angkasi 64 -1 10 65 64 1 5 94 4 52 Apoll° Food Hk} 140 -10 3 140 140 4.1 56.0 388 «S8,133 words
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Article, Illustration363 1998-06-16 19 AFP n Composite Index -20J3 MALAYSIAN shares lost 4.3 per cent yesterday, briefly slipping below the immediate resistance level 0f450 points amid regional declines sparked by a weaker yen, dealers said. The Composite Index fell 20.13 points from last week to close at 452.24AFP - 363 words
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WARRANTS&OPTIONS
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Article188 1998-06-16 20 Ven Sreenivasan - WARRANT WATCH -By Ven Sreenivasan THIS is the kind of market where one does not go looking for warrants. Thus it should not come as a surprise that quite a few warrants will die a natural death as they approach their expiry dates later188 words
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Article3179 1998-06-16 20 BONOS, LOANS i WARRANTS T998 Wt Hlqh Low tiV Loot Vol Day Last Quote Avg S,no Com#any s-# *«f COOO) Hlqh Low Buyor SoHor Pile# 23-5 9 m 3000 m AMDB cS.5%*****6 12 T I g s I |0.5 7 3160 A Acor W*****1USS S 5 5 8 8.S 31643,179 words
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Article1944 1998-06-16 20 Transaction date Jun 15 ■"■••8a ~T"1 Til~(TPfnTTII i llllfc HIMn ■■mill) sag roooi —"I. £S°ZL i tr 5- r 2 s a S 60 S3 m s 5003 ArastMt 50c 153 -15 W W Bi W »T U S n 18.5 m s 5004 Antiti Hlqs 50c 241,944 words
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5364 1998-06-16 21 loos Or Or M Wft HWi U. (,M. i** V* Day Last Oucta Mv Mv YM Net Cap Av« ,IM Company »1a CQOQ) High Law luy.r sattar H C'w H P/I tm* Prict 43 16.5 1020 ACE Dynamic s60c... 17 id -0.3 5 175,364 words
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Article1106 1998-06-16 21 if? °*V L—<0»f M M n! M Cap AyJ 5=5 ,tH C«*M«»V Sala fOOOt MHH L— »—r Cw >/l )mM Me* 134 793 *2000 92 I I I I M I I I 1 243 75 2049 AS Auto 10c 75.3 -43 253 80 75 753 77 1S.0N 6.81,106 words
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STOCK EXCHANGE OF SINGAPORE
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Article220 1998-06-16 22 VofcHM Easyfcnit HKKk 11,596.000 STEngglOc 6,784,000 DBS Land 6,256,000 SingTel 15c 5,058,000 U08 Foreign 5,022,000 City Dev 50c 4,870,000 OUB Foreign 4,844,000 Keppei Corp 3,778,000 •Refcapaciftc Bh 3.647,000 OCBC Foreign 3,625,000 Stacks UOB Foreign 27,850,123 City De* 50c 21,012,957 OCBC Foreign 20,448,174 DBS Foreign 20,421,640 Creative! 25c 20,395,228 SPH 19,209,129220 words
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Article, Illustration86 1998-06-16 22 Shiv Taneja - by Shiv Taneja DBS LAND closed seven cents lower yesterday at $140 on a volume of 6.26 million shares, compared with its 10-day traded average of 6.7 million shares. Investors can expect a technical bounce of some sort in the next few trading sessions bd any sustained recovery86 words
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Article, Illustration673 1998-06-16 22 Ven Sreenivasan - STOCK MARKET COMMENTARY Sentiment bashed by yen's fall, drop in S'pore bank loans; STII vulnerable to breaking below critical 1,000-point level \By Ven Sreenivasan SINGAPORE stocks tumbled in line with regional equities and currencies as the Japanese yenChart - 673 words
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ON THE GRAPEVINE
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Article103 1998-06-16 22 A MAJOR advertising campaign to show why Malaysia will overcome the current economic uncertainty has to track the weather as well. When the haze, which blanketed Malaysia and the region fbr much of last year, disappeared, the advertisement said: There have been dark clouds hovering over Malaysia103 words
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Article51 1998-06-16 22 OWNERS offering HDB flats for resale used to ask for the moon. But not any more. Take this recent ad in The Straits Times Classifieds, for instance: "dementi 3 room. Blk 312. Only for those with low budget and want a flat last Very cheap! Name your51 words
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Article120 1998-06-16 22 WHAT do you do when the stock market doesn't go the way you want it to? For some, switching to farming appears to be an attractive alternative and that's what Michael Green, a top-rated property analyst and managing director at Salomon Smith Barney Inc, is planning120 words
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Article88 1998-06-16 22 ELECTRONIC commerce and the internet reduced inflation in the US economy by 1.1 percentage points, according to the US Department of Commerce. If not ftrtfce > Internet, inflation in the US economy last year would have been 3.1 percent instead 4 of2 percent, k claimed. FT88 words
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Article23 1998-06-16 22 150,000 marks <S»M4,7B2) ton the German Soccer Federation If they win the World Cup, 125,000 marks if they reach the final23 words
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Page 13 Advertisements
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Advertisement415 1998-06-16 13 In lijie with our mission to help businesses grow, Enterprise Promotion Centres presents Two Major Initiatives to Promote Good Corporate GoveYnance in Singapore... Good corporate governance and performance go hand in hand. Across the world, corporate governance standards are rising. As Singapore aims to be an international capital market, as415 words
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Page 14 Advertisements
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Advertisement116 1998-06-16 14 From June 1 to August 31 1998, on any day of the week, enjoy savings of up to 40% off room rates and complimentary breakfast for two Kil when you stay with us, at Royal Crowne Plaza Singapore. '-f with your VISA card and you'll enjoy even more benefits. Free116 words
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Page 15 Advertisements
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Advertisement133 1998-06-16 15 "t"" u mat 11IIIC SdlU Ult irailSdC- DLOOrnOerg Our 40% savings are just for starters. At the Shangri-La Hotel, Kuala Lumpur from now until August 31, we're offering a generous 40% saving on room rates and complimentary continental breakfasts. There 11 be a further 30% saving on food and beverages133 words
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Page 16 Advertisements
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Advertisement90 1998-06-16 16 *sJ JS WMKrSImJ M Wr/91^^1 wk Xl' 0^ k vi v Opening Special! Present the coupon below with any glass of housepour wine ordered and get a complimentary glass! We Are Here J I f!iu*de Rohemon Walk) S*~. 7/ c 1 CsW^afe*r ,x/ hri—n *kFP- [SSfMliill NA I I ■p&-HinlilJß.90 words
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Advertisement27 1998-06-16 16 ldn=a=fJ 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. t Another Classified Service27 words
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Advertisement24 1998-06-16 16 A unc a car pool through The Straits MMpfe—, W| Times Classified. |r They help me do my part to save the earth. [cATS^24 words
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Page 18 Advertisements
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Advertisement80 1998-06-16 18 iff, >*"«* With every purchase of $250 and above at Montblanc Boutiques, you'll be entitled to these A* 0 f Father's Day specials: gi/f o/ privilege Exquisite Montblanc jewellery including cufflinks, tie bars, money dips and key rings. f »I All at privileged prices (from $109 upwards). now comes with80 words
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Page 19 Advertisements
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Advertisement20 1998-06-16 19 u.i J iJjiiiNLUi*' Make The Straits Times Classified your first pit stop when I shopping for your car or motorbike.20 words
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Page 20 Advertisements
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Advertisement8 1998-06-16 20 Call 1800-*****66 to place a quick-acting ad [CATS.8 words
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Page 21 Advertisements
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Page 22 Advertisements
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Advertisement455 1998-06-16 22 BUSINESS Notices In the mailer of The Company Ai't- rap SO' In ihc matter of SEALIFT SHIPCHANIM IMT- PTF jp STATUTORY Pm MATION BY DIRECTORS Ot- COMPANY S INABILITY TO CONTINUE BIISINFSS BY REASON Of- rrs UABIt ITIF-S I. LEE CHIN HOCK, of 123 Pending Road #02-50 Singapore *****3, NRIC455 words
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Advertisement601 1998-06-16 22 CHEMICAL INDUSTRIES (FAR EAST) LIMITED. (Incorporated in Singapore) Hb 3 J ALAN SAMULUN, SINGAPORE *****7 TEL: *****11 FAX: *****90 Y43<s*>:E.:iU£(l33K) iSis oft2£S) ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-fourth Annual General Meeting of Chemical Industries (Far East) Limited will be held at the Registered Office of the601 words
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Advertisement421 1998-06-16 22 IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OF SHARIKAT KUM LOONG (SINGAPORE) PTE LTD (Members' Voluntary Winding Up) NOnCt IS HKRHBY GIVKN thai pursuant to Section .108 of the Companies Act. Cap. SO that a Final Meeting of the members of the abovenamed Company421 words
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Advertisement548 1998-06-16 22 THE STRAITS TIMES CLASSIFIED YOUR GUIDE TO MORE PRODUCTS SERVICES I I |CAXS| E To advertise call toll-free 1800-*****83 «5» I INNO-PACIFK HOLDINGS LTD (Incorporated in tKe Republic of Singapore) NOTia IS HBBY OIVW fot fo 24#» Annual General Meeting of fo members of fo Company wil be held at548 words
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SHIPPING TIMES
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Article315 1998-06-16 23 Bridge News Reuters THERE was talk in late trade that a higher rate of U5514.75 has been agreed for a July cargo on the key US Gulf to Japan Panamax grain route. Fixtures 4 TANKERS! The market was characterised as "lacklustre" and "quiet" as there was very littleBridge News; Reuters - 315 words
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Article287 1998-06-16 23 'ooo >1 9 *f- Vei CWT Distribution. 0.405 -0.01 14 Chuantop 0J45 *0.005 36 Cosco Investment .0*0 -0.045 26 —gj® ,unc S 7 <»B Mowings 0-24 unch 1 Hal Sun Hup 0.42 -0.005 100 S2-*2!.£ OMn 037 02 *9 IMC Moldings HK 5.60 JayvHoMngi 0.40 unch 51 Jurong287 words
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Article, Illustration475 1998-06-16 23 Marcus Hand - From July 1, group of feeder lines serving sooth Indian port will levy US$lOO per TEU surcharge By. Marcus Hand [SINGAPORE] Feeder operators here and in the region serving the south Indian port of Madras are imposing a surcharge to offset delays caused475 words
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116 1998-06-16 23 Reuters [AHMEDABAD, India] The cyclone-hit Kandla port in the western state of Gujarat partially resumed operations yesterday. Kandla Port Trust chairman A N M Kishore said two oil jetties would start functioning within a week and then "we will able to take ships fromReuters - 116 words
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379 1998-06-16 23 Felix Chan - By] Felix Chan [SINGAPORE] Dalian New Shipyard (DNS), China's largest shipbuilder, will shift its focus to the production of offshore structures from its traditional business of shipbuilding amid sluggish international demand and stiff competition from South Korean yards. The company's current concentration on379 words
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273 1998-06-16 23 [SINGAPORE] China Ocean Shipping Group's (Cosco) plans to build a controversial US$3OO million (***** million) container terminal at the Port of Long Beach moved a step closer to fruition following comments from US Department of Defence (DOD) officials that a prohibition273 words
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Article, Illustration1065 1998-06-16 24 P T Bangsberg - CONTAINER SHIPPING Shortage of container boxes for exports from the region is causing serious logistical problems, and economic pain From P T Bangsberg in Manila THE huge imbalance in Asian trade is causing serious and increasing logistical problems at a number of the region's ports, and1,065 words
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241 1998-06-16 24 PACE Denver on 4 ACL 9 D >* uor« ANL 3 Dongnama 3 Accord 8 E Cl 5 Ap pen ship 5 EMlio P ta 6 Astro 3 Euroftjni 6 Austral 9 Ewn fe n 6 BSA 7 F(XX><3Son 8 Batamindo 7 Bayswater241 words
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Article26274 1998-06-16 32 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 -•> ,-sn mi KM A 21/06 09/07 Saferoute HYUNDAI INFINITY 303W 65 *****22 21/06 11/07 CMA NORDSTRAND 233W 65-*****22 T ABin26,274 words
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SHIPS IN PORT
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Article779 1998-06-16 37 Voy No Berth Arrival Departure J£5o. mp,M H.06/2300 C la*6 2 *****a J01 alongside 16.06/0800 tt Java Raya *****8 J01 alongstde 16 06/1800 ur u <*** J01 alongside 16.06/0800 tt T«tof2 JUK15 J01 iiongvae 16 06/0700 •wm*»*' 08/98 J03 alongside 16 06/0300 C Progress 8/06 J10 alongside 15.06/1600779 words
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Article1753 1998-06-16 37 RECEIVING OF EXPORT FCL CONTAINERS ANO LCL CARGO Booking/Btlanct Rstls Ship Voy No Etb/Btr Ported From To From Aci Rjflln OIK N/23S9 U 8/800 >5/1659 15/1900 19 IS/1500 IS/1659 5/1900 U 15/1700 16/0*59 16/0900 21 IS/1700 16/0659 16/0900 1 16/0700 16/1159 16/1400 «Marty* 5*29 N/0900 IS/800 WH9 8/8001,753 words
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Article174 1998-06-16 37 Jon 16 South Africa: Youth Day. Jon 10. Finland: Midsummer Eve Holiday. Jun 20. Finland: Midsummer Eve Holiday. Sweden: Midsummer Eve Holiday. Jun 23 Luxembourg: National Day. Jun 30. Brunei: Half Year Bank Closing. Jul! Canada: Canada Day. Hong Kong: SAR Establishment Day. Jul 2. Hong Kong: SAR174 words
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Article952 1998-06-16 37 THIS report, compiled by Cockett Marine OU Ltd shows price ranges in US dollars instead of single prices for a more comprehensive description at the market Prices shown are based on average-sized stem Market movements are indicated The Cockett Bunker Price Index change and the indi952 words
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Article379 1998-06-16 37 Carbon 160 Max 992.1 1.0 18.0 0.10 72 0.07 Jwi 11 Dtmlty Water Residue Ask Aluminium Sediment No above E2S i 0 12 0 0 0 380 Ave 987.0 0.2 16.7 0.06 31 0.03 Cu«i 380 Max 991.6 0.9 19.5 0.11 S8 0.09 «W» mt Wo379 words
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AIR&LAND TRANSPORT NEWS
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394 1998-06-16 38 Philippine carrier cites heavy losses for move to slash workforce AFP [MANILA] Crisis-hit Philippine Airlines (PAL) started slashing its workforce yesterday, and staff expect up to 5,000 workers, 37 per cent of the total, to lose jobs, union and other sources said.AFP - 394 words
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263 1998-06-16 38 Reuters [LONDON] National Grid Group said it was interested in Britain's air traffic control system which the government is planning to privatise. "Potentially we are interested but it is incredibly early days," a spokesman for the company, which runs the electricity transmission systemReuters - 263 words
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356 1998-06-16 38 New safety checks being train delays to be expected Reuters [FRANKFURT] German rail operator Deutsche Bahn said it had again recalled 59 high-speed Inter City Express (ICE) trains for safety checks and passengers should expect delays as a result. A spokesman saidReuters - 356 words
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Article, Illustration307 1998-06-16 38 AFP [MANILA] A Japan Airlines MD-11 jet wrecked its landing gear on touchdown at Manila airport late on Sunday, leaving at least 23 passengers slightly injured and forcing the suspension of international arrivals for 12 hours. Flight 745 from Narita in JapanAFP; REUTERS - 307 words
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Article474 1998-06-16 38 More production expected to be halted this week Bloomberg [FLINT, Michigan] General Motors Corp and the United Auto Workers were expected to resume yesterday morning negotiations to resolve strikes by parts-plant employees that have shut 12 North American assembly plants and idled 50,900 workers.Bloomberg - 474 words
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Article1706 1998-06-16 38 CITY FU6HT ETA FU6HT CTB BA7381 1930 BA7382 2055 Goangrtoo P«C S0803 1905 C23S4 0910 0f81 1930 0F82 2055 COW 2045 S0»0« WgQ Stt» too Hanoi VN741 1310 VN740 MtO Amsterdam W4327 0755 K1844 0040 WI743 Wg $0327 0755 KL838 2300 HatYal TG407 1540 TG408 *351,706 words
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Page 23 Advertisements
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Advertisement14 1998-06-16 23 Asian container imbalance critical Box shortage causing serious logistical problems, and economic pain.Page 214 words
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Advertisement337 1998-06-16 23 PaAnlA Gregory A. Conley has been appointed global general wUlflv manager for IBM Corp's travel and transportation industry solutions unit. The unit is responsible for the a development of IBM's current and future business sector, as well as the creation of new travel and transportation-specific solutions, services and products. Mr337 words
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Advertisement129 1998-06-16 23 PAL may retrench up to 5,000 workers Philippine carrier cites heavy losses for move to slash workforce. Back Page Ifefe LESS j#** HHHHBMib* |g|g-; '^^5^ "iwi* "x" f«. ISBpBBHBV l/V/?en ffte leaders of nations and celebrities services to help make history. Today, too, on a worldwide scale but in the129 words
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Page 24 Advertisements
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Advertisement656 1998-06-16 24 [SUPER SHUTTLE EXPRESS QULF KARACHI EXPRESS (QKX) 1 tat m vtssa vqt ju tm iah m m cot pkc m ooa CHMA 23W522 03/ M 21/0* 00a MfTAM UWS23 10/04 21/0* HO NIDUOYD DAMMAM 171 03/0* OS/M 05/0* 07/0* 12/ M l*/0* 20/0* 21/0* SSSL £22 ,7/ OVO7 PlO NIDUOYD656 words
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Advertisement88 1998-06-16 24 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW PORT> Hong Kong a aii ct+tm iivwy tmur i »un veemli VtSSIL VOY CTP Sw ETA TYO ETA KOI rrA YOK ETA WGO ETA OSA ALLIGATOR MIRACLE88 words
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Advertisement656 1998-06-16 24 Unes 4 servK:es r epresentea u I(©| rr-cx.' SftQapcxe Shipping Association NEW ADVERTISER Find out more about their service: T\irn to Page 7 d As 1&. |r Place an ad in... Shipping Times Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 x Jqpon -2 x Hongkong -I x Monilo -1656 words
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Page 25 Advertisements
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Advertisement1066 1998-06-16 25 I SAX SERVICE (DIRECT) rasa voy swro lax oak pal hou oh «x mm ah nyc <PIG«NET 0171 17/06 02/07 06/07 06/07 07/07 06/07 07/07 07/07 10/06 10/06 AWSPW& 0031 24/06 09/07 13/07 13/07 14/07 13/07 14/07 14/07 22/07 22/07 miurouag oiTi 01/07 16/07 20/07 20/07 21/07 20/07 21/07 21/071,066 words
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Advertisement2133 1998-06-16 25 HANJIN SHIPPING HANJIN SHIPPING (S) Ml ITD Imp honpi com BOOKING *****35 237 SAUS *****24 23« OOCUM(NT 32*0271 274 OffUIKHtS *****41 252 MIN UW *****55 fU 227*960 (I HO ************ TO NW USA CANADA I USA CANADA' 1 fobvsl/vot MM sw umhaul/vot su nw 1 dpi I ppi lok MSP2,133 words
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Page 26 Advertisements
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Advertisement1556 1998-06-16 26 DSR-SENATOR LINES TO UK/CONTINENT TO PRH SEA/M m U'i'ERRANEAN/CANADA Vt5StL WY SW LtH HTM MM HAW WV FIX VESttl VOY SIM JtD GIT Sft FOS VIC MTB POOOW SENATOR WNS7S 16 Ot 03 07 06 07 Ot (7 01 07 MO7 10 07 CHOYANG PHO€MX WMB2B 10 00 21 011,556 words
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Advertisement1393 1998-06-16 26 MY LJNE YML 'h**' o l Web s,,e hn P //www.yml.coin.tw j% *AkkX JiX<H' Hf fk v*j E -«-<—•- [/JJliifllJilLLllllJflllJiLl3JfliiLl!li3tllllfl!i!lJlU3Jl l li.LllAii4llJ;lii i>ti:l Jl>ri «««vai fixed day-tuesoay VESSEL wor LEH FXT HAM ANR HFA HI MING STAR ABI7E 20/05 SID SLO SLD SID 16/06 MALACCA BR ABIBE SLD SLD SLD1,393 words
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Advertisement456 1998-06-16 26 LINE ST TIL: M«34S« FAX: *****13 MUARA LABUAN vissa vot no ita vissa vor no m SPORE NUIARA SPORE UN APR*GU*Y VI SI/98 17/06 20/0* AP*aaO*T VISI/91 17/06 21/06 J.PROSPIR VI6I/98 22/06 2S/06 1 WOSPtt VI AC/98 22/06 26/06 AnWGIOtY VI6I/98 26/06 29/06 APMOOSY VI6C/9S 26/06 30/06 J.PROSPIR VI7I/98 02/07456 words
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Advertisement1477 1998-06-16 27 VESSEL VQY SIN PGU PKG PEN BLW SUR DUB BA BIK IRAN TEYFOURI PJL 1287 08/0« 17/06 18/06 IRAN MOBIN PJL 1293 21/06 30/06 01/07 IRAN QHEYAMAT PJL 1292 05/07 14/07 15/07 IRAN MATIN PJL 1297 20/07 29/07 30/07 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I1,477 words
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Advertisement2509 1998-06-16 27 DIRECT SAILING TO SHANGHAI XINGANG I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/l) COSTAR SHIPPING PTE LTD #17-08 DBS 81DG SAIES/BKGS *****41/43 INWARD DIPT (D/ 0) *****8S COSTAR AGENCIES (M) SDN ftHD eg NO: **********0 M TOWER TWO (0*8809) CONVENTIONAL *****50/55 T/SHPMT PERT *****2S2,509 words
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Advertisement1360 1998-06-16 28 I EUROPEAJK/BCAHOINAVIA/FINLAHO/RUSSIA I s KMntMLM L|GP I ROM ANW HBG THP ZEE LHW I IHW THP ROM ANW HBG PKL SGP I c nci ?525 10/07 15/07 11/ 7 13/07 14/07 15/07 E GOODS RE-061 26/05 27/05 25,-05 20,05 22/OC i oniiun D 1 IIMl 1M 17/07 22/07 18/07 20/071,360 words
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Advertisement717 1998-06-16 28 p MAC-NELS S'Pftllti -Wm Carrier: MN CONTR LINES, INC p. guoano: (07) *****26 I ~IW J OWNOi iaOO67SOOOOK SIBU. (064) *****9 MANILA (632)*****24 PENANG: (04)*****36 BANGKOK:(662) *****67 SURABAYA: (31)*****0 p KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 KUCHiNG (082) *****1-3 HAIPHONG MV "Jl XIANO SHAN" V.9812N ETA SIN:717 words
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Advertisement468 1998-06-16 28 risk NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VtSSEI VOY sm I Ptu IDW I CPT i/H GOUXN DRAGON VOOSS 20/06 30/06 04/07 0»/07 naktai r»mcEss was im 12/07 it/oT" r NARUIQUEfII Vo?ft 08/07 17/07 21/07 30/07 HAMIAIDRAGOR V.007S 14/07 24/07 28/07 02/ M NAWTAIPKIWCE VO23S 23/07 06/08468 words
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Advertisement396 1998-06-16 29 BSA± 'mm MYANMA wmik FIVE STAR LINE (Myanmor National line) Loading for Yangon (Rangoon) vtssn VOY SIN PUG PW PGU »AGO 102W SID MOMG LA ISW 18/06 MAIATSIA AGCNTS: KXISnAO SHIPPING AGENCIES KUI: Til 02-03-*****00 PKI: HI 02-03-*****01 «N: TU 02-04-*****02 PCD: Til 02-07-*****21/4 M BANK LINE (A strvfet of396 words
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Advertisement1117 1998-06-16 29 HYUNDAI MERCHANT MARINE CO., LTD. I rasa vor I sw 1 sou uh I wm j>kt |mw |wv m [vcsa vor l sou i on i htm I aht I ham i «tv I m I W UK S47W 11/06 06/07 11/07 08/07 09/07 TY* 521E H/OS 30/05 24/05 26/051,117 words
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Advertisement1091 1998-06-16 29 nOTM&giori specialised autocorrien MM/hgKUSSA' Q)©§(§](S TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" [VESSEL VOY RAMP HEIGHT g LAX CRL MIA SAV BAL QRf NYC NEW MOB ITARONGA FBl3 400 Tons 6.3 M 29/06 25/07 03/08 08/08 10/0* 11/08 12/08 17/ OS 19/08 TAIKO FBl4 400 Tom 6.3 M 11/071,091 words
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Advertisement655 1998-06-16 30 IANQKOK/LAIM CHABANQ JAKARTA/PAN JANG VESSEL VOY SIN BKK LCH VESSEL VOY I SIN JKT PJN 102N In Pt 20/06 19/06 ANRO JAYAKARTA' 043 ~n Pt 18/06~ f" UM 58N ln P* 19/ 06 THANA BHUM 291S 17/06 20/06 NANTA BHUM** 396N 17/06 20/06 21/06 GURU BHUM 82S 17/06 21/06 -NO655 words
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Advertisement498 1998-06-16 30 BINTANG MAS SHIPPING PTE. LTD 39 NEIL ROAD, SINGAPORE 0208 TEL: *****68 FAX: *****64 TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI I Biiitulu I Muara VtSSIL VOY SIN |TU 1 i |M BBcioit V9BOBC 17 11/06 73/06 MGoU V9BIIE Inptl7/06 21/06 JSJ 22® £S MJ 19 20/06498 words
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Advertisement614 1998-06-16 30 J| ACCORD MM SHIPPING PTE LTD TIL ***** IS (40 lin..) FAX *****30 WTKLAMG (03)347 1001 DI*KT ACCESS m *****55 (IXPOftY ROOKING) HSM GUDANG 107)351 1377 *****34 (IXPO«T DOC), *****39 (IMPOKT) nMmi 1! I«L:HTTP://WWW.ACCO«D.COM.SG mmA m)64C 0770 PORT EM SIN ~PORT ETA SIN PORT ETA SIN PORT ETA SIM (FAR614 words
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Advertisement37 1998-06-16 30 LNS EXPRESS (S) PTE LTD Blk 217 Henderson Road. #01-04 Henderson Industrial Park, Singapore *****5 CR NO: **********0/H Air-Sea International Freight Forwarders MANILA I Also accepting Heavy Lift Project Cargo Tel: 65-276 7996 Fax: 65-276 3740 I37 words
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Advertisement413 1998-06-16 31 INDONESIANATIONAnN^I TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE VOV OAM/H DAM H BURG BREMEN ANTWERP A VESSEL 2?/0« 27/08 OMIT 02/09 TO AUSTRALIA FULL CONTAINER SERVICE VDT FHf BWE SYD MEL ~HBA API FRg AOS! ENTCRPWSE VISS 11« 1M» 2406 2MK 2406 OZA7 06/07 API IVORY VO3S 18,06 20« ?&06 "Sfl7 OM7413 words
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Advertisement1028 1998-06-16 31 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Cecil Street. #12-00, PIL Building. Singapore *****0 14 1 m Li TEL: *****21, FAX *****19, TELEX RS ***** ACL PL. CR NO. **********0E OPERATIONS: *****6G *****05 BANGKOK JAKARTA (Weetly S Slqs PAT/2 Sips LCM/1 Slg BUT) (i S»ilingt7WM) VESSEL VOY BKK VESSEL1,028 words
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Advertisement886 1998-06-16 31 VESSELS VOY "siN JEO MLA LEX HAM TMP RTM ZEE VILLE D€ TAURUS A26W 16/06 24/06 29/06 06/07 06/07 06/07 06/07 06/07 VILLE PAQUAfHUS U26W 23/06 01/07 06/07 12/07 13/07 IS*O7 IVO7 16/07 V-LE DE ANT ARES L2BW 30/06 09/07 13/07 19/07 20/07 22/07 22/07 23/07 VILLE DE VIRGO S26W886 words
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Advertisement54 1998-06-16 33 STE|T| Dial 740-6000 on d€mana —(Retrieve more schedules!) Press "1" cTcdhrk e ect P ort anc key in SJ our digit code eg: To New York (NYC) 2275 sr£) Key in your fax number I i STJJjEnter your phone number Another Innovative service offered by e The document Will be54 words
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Advertisement63 1998-06-16 35 iww tJ/vo vv«n rw WAN MAI m 5064 65 226^5M VaTil STEjTI Dial 740-6000 on demand 1 —(Retrieve more schedules!) Press *1" Select the port and key in jfcJ the four digit code —eg: To New York (NYC) 2275 s jD Key in your fax number your phone number Another63 words
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Page 37 Miscellaneous
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Miscellaneous115 1998-06-16 37 IQOE K*\jfs^P^OS LEGEND: R Thunderstorm Temperature o Q A V Shower Weather Wind direction with speed in knots Rom Cloudy Sky Wove Surface winds ore indicated by arrows which fly wMi the »md One fu« circle represents colm or light ond vonoble winds J— One holf Heche represents 5 knots115 words
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Advertisement187 1998-06-16 38 CHENNAI PORT CONGESTION SURCHARGE In view of continuing servere delays experienced in Chennai (Madras) port since April 1998, the following container feeder operators herewith announce the introduction of a USSIOQ/TEU surcharge on all laden container movements between Chennai and Colombo, Port Klang and Singapore. This surcharge shall take effect from187 words
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