The Business Times, 7 October 1998

Microfilm: NL21344
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    12 1 MITA(P) 110/12/97 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg/ WEDNESDAY, OCTOBER 7, 1998
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  • Article
    MARKET SUMMARY
    58 1 DSmB (+3.6!) D MR (+9.79) niTOMF MTTtTI (-0.40) □flDßannvuß 137J0 +1.20) MARKET MOOD: STOCK MAIBBT INDICES Tuesday Change KLSEOOMP SUtf +14J6 WHOM 11,021.(4 +71U HANG SEND Ctad SET INDEX S4&14—+LM JAKARTA OOMP —Mill 41$ MANILA COMP -JJL7HM +HO TAIPEI WPI MSUi -BUS 8B0UL COUP ___Ckwed CL8A CHINA B
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  • Article
    FINANCE
    72 1 FOBEX BATES CSI 81 UW 1679 l((SS*tp*S) UK 1828 HI MB L8S8 YEM UL8 1JN' Ml im 8.442 MI- 7.748 1217 BAW KJ» 1.041 ■UHAH 10,000 U17* »st mm matt run una SINGAPORE* 7J7 KUALA LUMPUR 11 JO JAKAHA 28.00 BANGKOK 14.76 MANILA rn BONO KONG 10.28 TOFB AM
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  • Article
    NOL selling $500 m in assets to cut $5b debt
    794 1  -  Divestment plans, on heels of $241 m loss, include NOL Bnilding and a stake in APL By < Conrad Raj [SINGAPORE] Neptune Orient Lines plans to sell more than half a billion dollars worth of assets, including its flagship NOL
    794 words
  • Article
    Lock icon Dr M surprises by not naming deputy after 4-hour meeting
    325 1 Umno council expels 10 members, asks 18 to show cause AFP Bernama [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad threw a surprise last night by announcing after a four-hour meeting of the Umno Supreme Council that he has not decided
    AFP; Bernama  -  325 words
  • Article
    Lock icon European stocks stage powerful rally, FTSE up 4.4%
    372 1 Bargain-hunting shores np Dow with 63-point rise by Ipm Bloomberg Reuters [LONDON] A powerful rally lifted European stock markets yesterday after a week of heavy falls, with Britain's benchmark FTSE 100 index scoring its biggest one-day gain in over six years. With
    Bloomberg; Reuters  -  372 words
  • Article
    KL rescue agency to pump RM 3.3b into 10 banks, finance companies
    743 1  -  Capital injection is second major move by agency From Meera Tharmaratnam in Kuala Lumpur MALAYSIA'S recapitalisation agency Danamodal Nasional said yesterday it will inject 3.3 billion Malaysian ringgit (Ssl.s billion) into 10 cash-strapped banks and finance companies to
    743 words
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      141 1 anapg ■mp Matters Hie best bet is still to 9ell the US dollar into a corrective rally, Pf 4 1 HoypftL RM6Ob DNdod Special Functions Minister Zainuddin said Malaysia needs 60b ringgit between 1998 and 3600 to finance its economic recovery. I*7 Reluctantly, Asean stumbles into a new phase of
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      22 1 Aaean may be entering new phase, Pg 6 When will investors realise the NYSE is overvalued?, Pg 17 Market report*, Pg 24-28
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      160 1 W? jH|R bi^4 Jß| cwM^^HWnnßiH, K^l^^BBeT^H was addiriMgg 'Ji 1 economic officials around the vwPPHT (9 U G-7 finance nrtfiTsters' ifl meeting, the House Judiciary Comn^jpee voted on Monday to Jgofm m launch an inquiry against him. m Full report, plus other IMF-World Bank meeting reports -~~*mgm on Pg 11
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      8 1 KL need* RM6Ob to finance recovery, Pg 7
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  • SINGAPORE AT HOME & ABROAD
    • Article
      IFC's $300 m bond issue gets fund managers' thumbs-up
      397 2  -  It comes at a time when investors are turning risk-averse and fleeing to quality ftyi Catherine Ong FUND managers here have given the thumbs-up to a triple A-rated Singapore dollar bond by the International Finance Corporation (IFC), saying that the issue
      397 words
    • Article, Illustration
      PR firm sees slower Asia-Pac profit growth
      306 2  -  Founder says Shandwick will feel full impact of crisis around Christmas By\ Marissa Chew HIT by the regional downturn, global public relations company Shandwick will report sharply slower income growth for the Asia-Pacific region this year, its founder said yesterday. Peter Chadlington said
      306 words
    • Article
      Lock icon Barings Sec S'pore to lose two senior execs
      156 2 Bloomberg ING Barings Securities in Singapore will lose two top managers following an announcement yesterday that ING Barings will reduce 240 people in Asia as part of 1,200 global cuts announced last week. Neil Payne, managing director for ING Barings Securities in
      Bloomberg  -  156 words
    • Article
      Lock icon M'sian police assure S'pore counterparts of notice for interviews
      226 2 The Straits Times MALAYSIAN police assured their Singapore counterparts at a meeting yesterday that they would inform Singapore of future interviews to be conducted here to avoid any misunderstanding on the exercise of police powers. Malaysian police also gave assurances that
      The Straits Times  -  226 words
    • Article, Illustration
      Lock icon Terms of trade better in August
      336 2  -  ETE ON THE ECONOMY Prices By< Andrey Tan SINGAPORE'S terms of trade (TOT) improved in August compared to the same time last year, latest figures from the Department of Statistics (DOS) show. While both export and import prices fell, prices of imported goods registered
      Source: Dept of Statistics  -  336 words
    • Article
      Financial services firm MDR gets IT research grant
      247 2 ft plana fSmwrial modelling facility for investment strategy TO encourage the development and use of information technology in the financial sector, the National Science and Technology Board yesterday awarded a Research Incentive Scheme for Companies grant to Man-Drapeau Research (MDR), a financial
      247 words
    • Article
      Spotlight to open 2nd store
      257 2 JAPANESE department store Sogo quit DBS Tampines Centre a week ago, but taking over its space will be home interiors store Spotlight, which is opening its second Singapore store. Australian chain Spotlight, which is moving in in two months, will however occupy only 30,000 sq
      257 words
    • Article, Illustration
      Second wave of disorder in Indonesia possible: SM
      487 3  -  He says Asia won't recover from crisis soon; China will try hard not to devalue By I Chuang Peck Ming ANOTHER serious social disorder can still break out in Indonesia, and Asia's economic crisis will not go away soon, Senior Minister Lee
      487 words
    • Article
      OPH deal not a bailout
      383 3  -  LETTER TO THE EDITOR Hiew Yoon Khong Senior Vice-President (Finance) Pidemco Land WE refer to the Property column yesterday, "A bailout by any other name", by Lee Han Shih. Mr Lee is over-extending his spin in asserting that the $1 billion equity injection by our
      383 words
    • Article
      2 industrial sites awarded at prices 60% below peak
      495 3  -  ttr a holding back two plots this year; '99 sale plan cut By. Ang Wan May THE government has awarded two industrial land tenders at prices which are 60 per cent off the peak of the market, setting new benchmarks for
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    • NEWS Roundup
      • Article
        Lock icon SRC plant back in operation
        88 3 Bridge News SINGAPORE Refining Co (SRC) has restarted the crude distillation unit (CDU) it shut on Sept 17, and its Pulau Merlimau refinery is now operating at 200,000 barrels per day, a company spokesman said yesterday. Pulau Merlimau has a capacity of2Bs,ooobpd. "The shut CDU
        Bridge News  -  88 words
      • Article
        Estrada's official visit
        24 3 THE President of the Philippines, Joseph Estrada, and his wife will be in Singapore for an official visit from Oct 11-13.
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      179 2 i I £fWBmSSSRIH ••'jmtk I PERKS talks to I I Enterprise HR I I Systems! I mm n PERKS interfaces to external HR Systems. If you are using Enterprise HR Systems, talk to us about how PERKS imports the masters and transactions automatically and generates the payroll according to Singapore
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      76 2 lsMw twr :l^nH simpU Thai cuisine, x i too traditional nor too 4 if9|Hf C<i fly <* a. I f-w&^ a. JP' ¥®W _4G A nouvelle, just Thai home cooking dm A S'HH^jH^^H^S' at its best, except for the luxury and 9 j *7 BL*|lw( courteous service found only in
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      9 3 IS()SS r I The Straits Times Classified Classifications 573-587
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      242 3 111 Ik sS^^ Xj U a a St 1 i oJBMiw •*/«>■■*»' *>WNJpMI liWif» y -IS?M& fc ■BlSiMtiPW^^^s -mi r eT* ■l .IMufcrfg |>^s^: .tt» <"^e*c*i^^BwW^P^ m vN 8 II J WM! (A 1 |H J M IB Freedom to move. Freedom of choice. Freedom to expand, to rearrange, to
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Best bet's to sell US$ on corrective rally
      1219 4  -  Hedge funds, panel vote to open Clinton impeachment inquiry likely to affect US$ By Larry Wee The night to quality continues, and a weakened greenback remains likely. The obvious beneficiary has been the Deutschemark, but even the yen is looking perkier. Over
      Source: HypoVereinsbank  -  1,219 words
    • Article
      Japan's credit crunch being exported
      525 4 IN the halcyon days of the late *****, the cumulative outflow of long-term capital from Japan more than matched the country's large current account surpluses. Japan was banker to the world, and its banks supplemented the high domestic savings pool by borrowing US dollars to
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    • Article
      Lock icon Why the US cut interest rates
      407 4 AXALTSB The Economist ONLY a few weeks ago, any cut in American interest rates would have sent Wall Street into seventh heaven. But after the Federal Reserve reduced rates by a quarter of a percentage point on Sept 29, shares prices fell sharply. The
      The Economist  -  407 words
    • Article
      Lock icon THE WEEK AHEAD
      339 4  -  Compiled by Larry Wee ABN Amro (ABN) Independent Economic Analysis Holdings (IDEA) MMS International (MMS) Reuters wire reports (Reuters) United fkitm Wednesday: Light week for US data releases, but Fed chiefs have speaking appointments all week, according to IDEA. Today, Fed chairman Alan Greenspan will give an
      ABN Amro (ABN); Independent Economic Analysis Holdings (IDEA); MMS International (MMS); Reuters wire reports (Reuters)  -  339 words
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      35 4 l I Cairo or Congo. if Sailing schedules to The African Continent. 24 hours a day in the Shipping Guide Fax-On-Dcmand hotline 740 6000. I 1 Another innovative service offered by Thkßi sixixsTniKs j ShippingTimks
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      163 5 1. The benefits of a 'smart' building at an unbeatable rent. 2. Enhance your company's image and pay no more. |H V H H HH S M 808 I wßgn MB IB B B ?> m -VT* 'BBS S' >; V.-v^'iftvV w j *Tr. 3. Inspire your staff with better
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  • REGION
    • Article
      Lock icon Indon group denies plot to topple Habibie
      333 6 JAKARTA AFP A POLITICAL group of retired Indonesian generals and officials has denied allegations that it supports efforts to topple President B J Habibie, reports said yesterday. "We may be old but we still have our morals. A movement to topple the government
      AFP  -  333 words
    • Article
      Habibie unsure of attending Apec summit
      568 6  -  Alatas says Indon president has cancelled plans to visit EL this month A Yf/m Shoeb Kagda in Jakarta INDONESIAN President B J Habibie has expressed reservations about attending the Asia-Pacific Economic Cooperation summit scheduled to be held in Kuala Lumpur in November. Foreign Minister
      568 words
    • Article, Illustration
      Lock icon Pressing issues after Suharto
      55 6 [JAKARTA] Jakarta street vendbrs selling the first issue of the Tempo magazine yesterday after it was given the green light to beg in publishing again. Tempo's licence was revoked in June 1994 along with two other prominent weeklies during former president Suharto's regime over their criticism
      REUTERS  -  55 words
    • Article
      Lock icon Police say no to Barisan Nasional
      230 6 KUALA LUMPUR Bernama POLICE will not issue a permit to the ruling Barisan Nasional (BN) coalition for a rally planned for Saturday at the Stadium Nasional in Bukit Jalil, Kuala Lumpur Police Chief Kamaruddin Md Ali said yesterday. He said the Cheras OCPD Assistant
      Bernama  -  230 words
    • Article
      Thai economy will be first out of crisis, says official
      415 6  -  He cites growing export volumes and increased FDI Prom Hariah Mehta in Bangkok THAILAND was the first country to be hit by the economic crisis, and would be the first to come out of it due to resurgent exports and
      415 words
    • Article
      Lock icon Wiranto slammed for denying rapes occurred
      291 6 JAKARTA AFP THE leader of a governmentappointed team has lashed out at Indonesia's military chief for denying that ethnicChinese women were gangraped during May riots, a report said yesterday. Marzuki Darusman criticised Indonesian Armed Forces (Abri) chief, General Wiranto, for saying on Sunday that
      AFP  -  291 words
    • Article
      Push for more transparency in free trade
      378 6  -  ASEAN ECONOMIC MINISTERS' MEETING From. Al Labita in Manila ASEAN ministers yesterday pushed for a slew of new measures to ensure that the regional grouping's free trade vision would not only be speeded up, but would also be transparent and predictable. The consensus
      378 words
    • Article, Illustration
      Asean may be entering new phase of constructive intervention
      738 6  -  UiXTDV The Anwar case creating a shift In attitude By Yang Razali Kassim The writer is BT's Regional Analysis Editor FOR decades, Asean has preached a policy of mutual noninterference. Indeed, this became almost a mantra for Asean leaders. The ability
      738 words
    • Article
      Lock icon Beijing unveils blueprint for regulators
      349 9 SHANGHAI Reform plan has 3 different bodies supervising banks, brokers, insurers Reuters CHINA yesterday declared it has mapped out a sweeping reform of its financial regulators, splitting authority over banks, stockbrokers and insurers. The new division of power was aimed at creating "vertical management", state
      Reuters  -  349 words
    • Article
      Taiwan still under threat from Asian turmoil: Soros
      278 9 TAIPEI But he admits island has escaped brant of financial storm [TAIPEI] Billionaire US financier George Soros has warned that Taiwan remains under threat from the Asian financial crisis although the island had escaped the brunt erf the turmoil, it was reported
      278 words
    • Article
      Lock icon India's exports dip 3% in April-Aug, deficit widens
      213 9 NEW DELHI AFP INDIAN exports dipped nearly 3 per cent in the first five months of the fiscal year beginning April 1, as the trade deficit widened by US$l.4 billion (552.3 billion), according to data published yesterday. The latest official trade figures
      AFP  -  213 words
    • Article, Illustration
      Lock icon Blair has a frank talk with Zhu
      341 9 BEIJING Despite differences, leaders say they've a good partnership Reuters BRITISH Prime Minister Tony Blair raised human rights and Tibet in what he called a "frank exchange of views" with Chinese Premier Zhu Rongji yesterday, a day after China signed a UN convention
      Reuters; REUTERS  -  341 words
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Japan now says economy will shrink 1.8%
      580 7 Revised figure more inline with expectations of private economists Bloomberg AFP [TOKYO] Japan slashed its economic forecast by a record margin, predicting the economy will contract 1.8 per cent this year because of slumping demand in the world's sec-ond-largest economy and throughout Asia.
      Bloomberg; AFP  -  580 words
    • Article, Illustration
      Lock icon KL needs RM 6Ob to finance recovery: Daim
      454 7  -  He says most of the fond* will come from domestic institutions From Rath Wong in Kuala Lumpur SPECIAL Functions Minister Daim Zainuddin said Malaysia needs 60 billion Malaysian ringgit (5526.5 billion) between 1998 and 2000 to finance its economic recovery plan recommendations,
      REUTERS  -  454 words
    • Article
      RM l.7b return to banking system
      338 7  -  External accounts np RM3.5b dne to deposits repatriation From Ruth Wong in Kuala Lumpur THE Malaysian public deposited a total of 1.7 billion Malaysian ringgit (*****.7 million) back into the banking system in September as a result of the new currency control measures, central
      338 words
    • Article
      Rupiah tests 10,000 barrier
      137 7 [SINGAPORE] The Indonesian rupiah was the star gainer in Asian currency trading yesterday, on the back of persistent rumours that capital control measures are being discussed in Jakarta. Against the US dollar, the rupiah repeatedly tested the psychological five-digit barrier of 10,000 in afternoon trading before
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    • Article
      Lock icon Thai power giant Egat launches US$ 300 m bonds
      279 7 Bloomberg [BANGKOK] Electricity Generating Authority of Thailand began selling US$3OO million (Sssol million) of 10year bonds, one of a handful of such sales all year and a key test of investor confidence in Asia's markets. State-owned Egat is selling US$3OO million
      Bloomberg  -  279 words
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      65 7 ODBSCARD CENTRE j x I Ifci 11 elite y C if If *1 5 1 0 The friendship that matures like wine. The cheers that evaporate with time. 3 In fine company, you discover an aura of unique companionship. And fleeting moments of joy. g« k Precious values that go
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      10 7 to sell USS on corrective rally, Money Matters Pg 4
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      112 8 EART H A x 7 v «nw ihF" 1 1 .t# JSs& ,J3JH #Sr --"SJ P m P-A -,*■< 4• •I ij M .j! s i,sf fc i ATMOSPHERE I S M r••*':?," j'. x 1 d r >t£. JSkm- I IRIDIUM MOTOROLA U v.. j* 0K < > s
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      11 9 New IMF fund to reassure markets needed, says Soros, Pg 11
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      219 9 with The Audi A 6. Advanced driving. v/ Audi's unique four-link front assured of high directional H suspension combines maximum on 'T. driving comfort with exceptional neutral cornering behaviour. tlk stability. You not only Wheellocations remain precise experience smooth handling but at all times thereby ensuring the car itself responds
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      151 10 As Ml grows bigger, our roaming services seem to make the world smaller. With 90 networks, 65 countries and every major city worldwide covered, the sun never sets on Ml. E*er ywh ere un.er t„e sun. Ql Germany •Gibraltar Greece Guernsey Hong Kong Hungary Indonesia Ireland Italy Japan Korea Kuwait
      151 words
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  • IMF/WORLD BANK MEETING
    • Article, Illustration
      Lock icon Economic leaders make plans to fix financial system
      568 11 WASHINGTON Framework for resolving debt problems among steps recommended Reuters ECONOMIC policy-makers agreed on Monday to try to implement a range of proposals to fix the world's troubled financial system but cautioned the process would likely be drawn out and tedious. Efforts
      Reuters; AFP  -  568 words
    • Article, Illustration
      Lock icon Panel's vote for impeachment probe tarnishes Clinton's global stature
      725 11  -  His foreign policy, economic initiative are the real victims From, Leon Hadar in Washington EVEN as US President Bill Clinton was addressing economic officials from around the world on Monday evening and calling on the international community to mobilise its resources
      AFP  -  725 words
    • Article
      Lock icon S Asia is tops in economic growth this year
      258 11 AFP [WASHINGTON] South Asia's economic growth will outstrip all other regions in 1998, the World Bank predicted on Monday, revealing a surprise finding from its Global Economic Prospects report to be released in November. For the first time in recorded history,
      AFP  -  258 words
    • Article
      Lock icon New IMF fund to reassure markets needed: Soros
      418 11 AFP [WASHINGTON] Billionaire financier George Soros called on Monday for the creation of a special, global fund to reassure financial markets by offering insurance against default to eligible developing countries. "I think the system will fall apart unless we fix it," Mr
      AFP  -  418 words
    • Article
      Lock icon Global system, and not just nations, in crisis: Camdessus
      460 11 Reuters Bridge News [WASHINGTON) With finan cial turmoil sweeping the globe, the whole financial system, and not just individual countries, is now in crisis, the head of the International Monetary Fund said. "We are speaking not just of countries in crisis,
      Reuters; Bridge News  -  460 words
    • Article
      Lock icon World Bank to set up crisis loan facility
      302 11 WASHINGTON Reuters THE World Bank said on Monday its management had agreed to set up a new shortterm emergency loan facility to rush cash to countries hit by fast-moving financial crises. The new facility; which must still be approved by the bank's
      Reuters  -  302 words
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      10 11 India, a safe port in world economic storm, Page 13
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      47 11 1 v A A \azz, P Redd Unlimited Chicago's hottest jazz drummer displays his unlimited talents and his unlimited band from September 21. 1998 to January 23. 1999 at Somerset's Bar (every night except Sunday).. j on Level 3. The Westin Plaza. Tel: 431 6156. y-^/wSSSSSSmm C
      47 words
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  • THE WORLD
    • Article
      Lock icon Wary Europe investors turn to recession-resistant stocks
      447 12 LONDON Fears strike after European stocks see worst quarter in eight years Bloomberg INVESTORS, surveying the wreckage of the worst quarter in European stocks in eight years, are turning to utilities, drugmakers and other recession-resistant stocks to weather a bear market that is
      Bloomberg  -  447 words
    • Article
      Lock icon Cold War if Nato strikes Kosovo: Russia
      224 12 m Moscow AFP RUSSIA yesterday warned of a new Cold War if Nato launched military action over Yugoslavia's Kosovo crisis, vowing to veto any attempt to secure UN Security Council approval of airstrikes. Nato attacks wnild herald a "return to the Cold War",
      AFP  -  224 words
    • Article, Illustration
      Lock icon A fortune in bubbles
      43 12 [LONDON] A Sotheby !s employee showing off a bottle of 1967 Chateau d' Yquem due to be auctioned yesterday. The wine sale, ofsome 2,ooocasesfrom the collection of Swiss chefFredy Girardet, is expected to raise £1.2 million (553.4 million). REUTERS
      REUTERS  -  43 words
    • Article
      Lock icon De Beers fails to water down anti-trust bill
      221 12 CAPETOWN Bloomberg DE Beers Consolidated Mines, the world's largest diamond seller, had its request for a watering down of a competition bill rejected yesterday by a South African parliamentary committee. The bill, aimed at stiffening laws on mergers, anticompetitive agreements and abuse
      Bloomberg  -  221 words
    • Article
      Lock icon Risk Of US slowdown has gone up: Fed official
      300 12 CHICAGO Bloomberg FEDERAL Reserve policymakers cut interest rates because reduced demand for exports overseas has increased the risk of a US economic slowdown, Chicago Federal Reserve Bank president Michael Moskow said yesterday. While the US economy remains strong, he said, the
      Bloomberg  -  300 words
    • Article
      Lock icon Full House to vote on whether to open impeachment inquiry
      398 12 WASHINGTON Go-ahead expected as members are split along party lines Reuters THE decision on whether to open an impeachment inquiry against President Bill Clinton was headed yesterday for the House of Representatives floor, with Democrats trying to limit defections from
      Reuters  -  398 words
    • Article
      Lock icon Turkey gives Syria a final warning
      269 12 ANKARA AFP TURKEY gave what it called "a final warning" to Syria yesterday to withhold support for Kurdish rebels and avert a crisis which has dragged in other Middle Eastern powers. Prime Minister Mesut Yilmaz issued the warning at a meeting of members of
      AFP  -  269 words
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      262 12 The airline that offers Singapore more of the US, now offers more reasons to fly everywhere. ->«***" Vancouver.''''' 1 ..'.'Af'"'' Calgary Winnipeg Seattle X Portland Toronto si Paul V 'i s '*c*»e»*\ Des Moines V n San Francisco Denver i Washington Tokyo Las Vegas Chicago Los Angela": S**D*go Honolulu Miami
      262 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Singapore does well to prepare for upturn
      735 13  -  THE BOTTOMLDVE OPINION By Ronnie Lim The writer, BT's trade and industry editor, visited Japan recently WINTER has come early to Japan in more ways than one. Hie economic chill in the world's second largest economy is causing further shivers in crisis-hit Asia
      735 words
    • Article
      IN OTHER WORDS
      118 13 4 I think the system will fall apart unless we fix it' George S«ro> billionaire financier, on the International system qf capitalflouts on which the global economy has come to depend. 'I contend that, right now, market fundamentalism is a greater threat to open society than any
      118 words
    • Article
      Improving global financial safety
      663 13 EDITORIAL THE recent dramatic rescue of the American hedge fund Long-Term Capital Management raises some awkward questions about what can and should be done to restrain the trapeze artistes of the world's financial system The facts about LTCM which only began to emerge after the debacle,
      663 words
    • Article, Illustration
      Lock icon India seen as safe port in world economic storm
      1060 13  -  Economy, despite domestic woes, wins praise for staying on stable track while others lose their way By Prem Shankar Jha The writer, former editor of The Hindustan Times, contributed this article to BT INTERNATIONAL perceptions of the Indian economy are going
      FILE PHOTO  -  1,060 words
    • Article
      WHAT THE OTHERS SAY
      1042 13 yfcHH4 lntim— ABOUT 2 million children die each year, and another 900 million are made sick, by the dehydrating effects of diarrhoea. Although a simple treatment of water, sugar and salt has been known of for centuries, many parents in developing countries are unaware of it.
      1,042 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Oldies play well with Vonda Shepard
      802 14  -  The singer-songwriter's Ally Mcßeal soundtrack stands on its own, says J d considxne J D CONSIDINE LAT-WP VONDA Shepard really is a singer-song-writer—she doesn't just play one on TV. With several albums to her credit, Shepard had established a career for herself long before
      LAT-WP; FILE PHOTO  -  802 words
    • An odd couple bridges music, generation gap
      • Chapter
        Untitled
        59 14 like it does." Costello welcomes traditional pop singers to record these new songs. "If a more secure or smoother voice wants to come along and interpret these songs later, I'll be delighted to hear it," he says. "But I'm not absolutely certain that they will get more out of a
        59 words
    • Article
      Lock icon Fortune hunting? Check out the Net
      875 14  -  DIVERSIONS Astrology Zone Web site is said to attract more than 1.3 million page views a month By. Lisa Napoli NYT [NEW YORK] Cynics will wonder why, if Susan Miller can really peek iritOTh! future, she did not predict years /ago that something called
      NYT  -  875 words
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      119 14 Tiatljin Food Festival F J-or the First time at Amara Singapore, 4 Chefs and 1 Hostess from the renowned Tianjin Gou Bu Li Buns Restaurant Corp. have been specially flown in to present Tianjin Specialities. Come and savour the original Tianjin Gou Bu Li Steamed Buns that dates as far
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  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      161 14 THE WEATHER Singapore Cloudy. Temperature (30/25 C) Asia-Pacific WHI* OomL Jerusalem |J/» dnudv SmAhohn J/t2 dw IS/18 dandy Verm 21/35 doudv Vienna &16 Aowcn HE* Zurich 7/16 doudy 14/22 doudy Europe WED* Good. Bo h «y Sv'So shawm Anwerdsai 11/14 doudy America L<VHP Oml tain A6vng_ 16/21 doudy Buenos Ars
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      29 15 Where to wine, dine and entertainM.^^»>&^^ll^ o^Slr 150%> Discount ror Over HxeciAtive Set jVlectl rOs/ailctble daily for lunch and d/'w«er^^B|Mng|J| UUii&BBBHEMUmh BIGH H Happy Hours lobby LOUNGE BA R
      29 words
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      Page 15 Advertisements Column 2
      126 15 I CWEVE g%A9{(D LT.VELI Daily A La-Carte menu. f m/W{jF\ Western and local t If r 0 favourites chef s f speciality top selling of ff I jgf Hainanese Chicken Rice, Nasi Goreng Istimewa, etc. Function Room avaOable j for private parties, company dinner and dance, conference, seminar and meeting.
      126 words
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      Page 15 Advertisements Column 3
      143 15 CAnf Ontit tfofic for if<wferx, locaL f Aveuritti for "jour imal* cxwtt... UAUKfKS' AU-fY iOffiT ilOfw fo lOpm fridA«j i L*I»LKSX. %19 ZO+++ per Adu> I il* per cVuid I 5P •PALM TERRACE AND POOL Level 5 Royal Crowne Plaza Singapore. 25 Scotts Road, Singapore *****0. *.711-7990 Savour centuries-old herbal
      143 words
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      Page 15 Advertisements Column 4
      172 15 Mi't fii Inwr? I nid il i ?'2_ss, Cats' Mews/ 1 C«Hfc CiH' Nivi i« Sudif Cluiifiid this vuliiii J fffr CATS. FesnvakhffrLighrs 17 A 18 OWUUER 1998 7.oopcn 12.00 am Special Buffet Dinner at the $58+++ (Adult) J3J+++ (Child below 12) Feast on a wide variety of North Indian
      172 words
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      Page 15 Advertisements Column 5
      124 15 1 v_JP_ Gastronomia Becomes an A 6-12 October 1998 I 1 The excellence of Italy will be in residence at Revolving Restaurant 39th floor 333 Orchard Road. Singapore *****7. TH 737 4411 W> Ocfrabgr D<*Uy PgUqUH. Won Hoo Chinese Restaurant's daily specials deal is bock lew October with (wo now
      124 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      879 15 TV&RADIO Premiere 12 7 News 5At Seven. 4.50 The Great Wall of Chi- L/ilii ovi t*\7 t 7 30 Weird Science Fu- na. f rtn d?l° o° nS ture Brides. 3.10 Architecture In Shang- 4.00 Kidz Blitz. Sesame 8.00 Showbuzz. hai: A Century's Reraa tI c-i D u Talking Point.
      879 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      166 15 CRYPTIC CROSSWORD 16 Hugely impress, in one's best 21 Diplomacy by port used to 30 Idea those people are hoarding gold (6) 31 Principal equipment for boat- collection dish (7) YESTERDAY'S SOLUTION ers, say (8) M Taxi I secure for ministers (7) I6lflfle rlf irMr 1 Imlp' Ii i DOWN
      166 words
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  • WIRED FOR BUSINESS
    • Article, Illustration
      Big boys selling PCs over the Net
      833 16  -  HP, Compaq and IBM are doing so in partnership with their S'pore distributors, reports tohban TOH HAN SHIN THREE computer majors Hewlett-Packard, Compaq and IBM have decided to sell their products over the Internet in Singapore, joining Dell Computer, which has been doing
      833 words
    • Article, Illustration
      Lock icon E-solutions for manufacturers
      375 16  -  AMO is building a fall suite of e-commerce services for firms By, Jeniefer Lien [SINGAPORE] Homegrown Asia Manufacturing Online (AMO), which secured a $13 million equity infusion from a venture capital firm, is working on building a full suite of e-commerce services for the manufacturing sector. The
      FILE PHOTO  -  375 words
    • BOOS marks
      • Article
        Visa sees boom in consumer e-commerce
        81 16 VISA International predicts that global consumer online purchases will hit US$lOO billion by 2002, representing an annual compound growth of 67 per cent. For 1998, Visa expects nearly US$l5.3 billion (5525.8 billion) to be spent through the Net worldwide, up almost 100 per cent
        81 words
      • Article, Illustration
        dab Rainbow goes online
        77 16 VOLUNTARY charity organisation Club Rainbow (Singapore) has set up a new Web site at www.clubrainbow.org. It hopes to help families of children with major chronic and life-threatening illnesses by providing financial, social and emotional support through its Web site. The site provides information on various chronic
        77 words
      • Article
        Over 300m Net users by 2000
        110 16 ACCORDING to the Internet Industry Almanac (www.c-i-a.com), the number of Internet users will reach some 327 million by end-2000, up from 100 million as at Mid-1997. The US is expected to have over 130 million Net users or 40 per cent of the total
        110 words
      • Article
        Online ads growing in South America
        46 16 INTERNET advertising sales in South America are expected to generate revenue of more than US$645 million by 2003, up from US$2O million (5533.6 million) in 1997, according to Internet executives at the Latin Channels Computer and Internet conference in Florida.
        46 words
      • Article
        Net users prefer to pay bills online
        77 16 nwi\?ai 11/ UK SHiggtaKS UIK( SOUK 90 {wr cent of Net users in the US prefer to receive and pay their bills over the Internet because it is more convenient. The survey was based on an online questionnaire conducted during July and August
        77 words
      • Article
        New Apec links
        63 16 US Singapore Trade Development Board has developed ajgw online business service for the 18 member economies of the Asia-Pacific Economic Cooperation (Apec). Known as APECNet, the site aims to link up potential partners through a database of companies and business opportunities available online. APECNet also provides links
        63 words
      • Article
        500,000 Mexicans online by end-98
        105 16  -  Compiled by Francis Ang JUST over half a million Mexicans are expected to be online by the end of this year, according to a new study by research group Mori de Mexico. The study on 510 city dwellers found that about 280,500 erf the 1.4
        105 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      231 16 e-bwinM e-business BAT 7AM: SIGNED A DEAL IN HONGKONG. Hardware and software financing at 7. io: Sought a basket of rambutans. at-attractive AT 7.20= MET CUSTOMERS IN PARIS. 7'°:""!..°", AND AT 7.30: STARTED TO GET DRESSED. Imagine waking up and getting things done before leaving your apartment. Sounds useful? It's
      231 words
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      Page 16 Advertisements Column 2
      7 16 brought to you by =s;: r s
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  • COMPANIES & MARKETS
    • Article
      Fund managers to follow Imas guidelines on M'sian assets
      403 17  -  Bat most fond firms have reduced their Malaysian exposure to a bare minimum ny Wong Wei Kong [SINGAPORE] Fund managers said they will generally follow non-mandatory guidelines laid down by the Investment Management Association of Singapore (Imas) in the treatment of
      403 words
    • Article, Illustration
      Lock icon See Hup Seng hopes to raise $4m in IPO
      383 17  -  By] Marissa Chew [SINGAPORE) Sesdaq aspirant See Hup Seng is seeking listing to raise up to $4 million, and gain a higher profile as it makes plans to step up its overseas operations, especially in China. See Hup Seng, which provides
      CHRIS LOH  -  383 words
    • Article
      When will investors realise that the NYSE is overvalued?
      696 17  -  HOCK LOCK SIEW R Sivanithy ABRAHAM Lincoln once said that "you can fool some of the people all of the time and all of the people some of the time, but you can't fool all of the people all of the
      696 words
    • Article
      Lock icon Citicorp to liquidate Asian market fund
      344 17 Emerging AsUn markets fond lost 69% in year to Oct 1 AFX Asia [LONDON] Citicorp has told investors in its CitiFunds Emerging Asian Markets Equity Fund it will liquidate the fund on Nov 2, The Wall Street Journal Interactive reported, citing the company. Shareholders
      AFX Asia  -  344 words
    • Article
      ST Computer, GE unit to set up e-commerce centre
      272 17  -  Venture's aim: 50% of S'pore's Electronic Data Interchange market in 3 years By\ David Boey [SINGAPORE) ST Computer Systems Services Ltd (STCS) and a unit of General Electric, GE Information Services, yesterday announced that they would form a regional electronic commerce
      272 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Brierley asset sales fall short of writedown value
        553 18 It now plans to sell NZ$l -2b of assets by Jane 1999 to help boost profits Bloomberg [WELLINGTON] Brierley Investments executive chairman Roger Douglas said the New Zealand investment company's asset sales since June 30 have fallen short of the cut-price value
        Bloomberg  -  553 words
      • Article
        Lock icon Creditor wins order to seize certain assets of Red Box
        412 18 Design consultant Fulford Lai claims it is owed RMl.42m Bloomberg AFX Asia [KUALA LUMPUR] A creditor of Red Box Malaysia Bhd yesterday won a court order to seize certain assets of the Malaysian photo-album maker in a bid to auction
        Bloomberg; AFX Asia  -  412 words
      • Article
        Lock icon Manila SEC boosts fund to protect investors
        125 18 -AFX-Asia [MANILA] The Securities and Exchange Commission said it has agreed to channel part of the contributions of Philippine Stock Exchange members to a buffer fund that will guarantee payment to investors in case a brokerage goes bankrupt. SEC official Elizabeth Martin said
        -AFX-Asia  -  125 words
      • Article, Illustration
        Lock icon Dream machines
        56 18 [TOKYO] Young Japanese trying out computer game maker Sega Enterprises' new Dreamcast game machines at a Tokyo hotel yesterday. The new machines offer high-resolution graphics and a 64-channel sound system. Sega said software company Namco Ltd would develop games for the new home-use console, scheduled to hit the
        REUTERS  -  56 words
      • Article
        Lock icon MRCB to undertake power projects in Philippines with local partners
        405 18 Consortium to study six power stations along Agus river Bernoma [KUALA LUMPUR] Malaysian Resources Corporation Bhd (MRCB) yesterday announced that the company will undertake projects in the Philippines power sector with its local partners. A company statement said a consortium
        Bernoma  -  405 words
      • Article
        Lock icon Pre-tax of 12.4 b baht for Thai Air in FY99?
        135 18 AFX Asia [BANGKOK] Thai Airways International expects a pretax profit of 12.39 billion baht (***** million) in the 1999 fiscal year, business daily Krungthep Thurakit quoted a company source as saying. The source said the company forecast profits from aviation
        AFX Asia  -  135 words
      • Article
        Shaking confidence of shareholders
        120 18  -  LBTTBRTOTBBBDITOK Denis Distant Singapore THE proposed merger of Keppel Finance and Tat Lee Finance on a one-for-one share exchange in the new company makes a farce of basing investment decisions on figures published in annual reports. The last published figures showed Keppel had a net asset
        120 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Sydney casino wins tax cut for high-rolling gamblers
        288 19 Bloomberg [SYDNEY] Star City Holdings Ltd, Sydney's only legal casino, won a tax cut for its highrolling gamblers, allowing it to attract more international big betters and potentially boost revenue by about Asloo million (5598.3 million) a year. Australia's New South Wales
        Bloomberg  -  288 words
      • Article, Illustration
        Lock icon India shares up after Monday's dive
        464 19 Rally comes after unit trust quells talk it would dump stocks to meet redemptions Bloomberg [BOMBAY] Indian stocks rose after Unit Trust of India (UTI), the country's biggest mutual fund with 600 biUion rupees (Ss2o billion) under management, quelled speculation it would dump shares
        Bloomberg; AFP  -  464 words
      • Article, Illustration
        Lock icon Honda at year-low on US worries
        313 19 Bloomberg [TOKYOI Honda Motor Co, Japan's third-largest automaker, fell for a sixth day to its lowest in a year amid concern that the US economy is slowing. Honda's shares dropped 270 yen, or 7 per cent, to 3,600 yesterday on trading of 2.6 million
        Bloomberg; Source: Bloomberg  -  313 words
      • Article
        Sell out or stay? Australia's ANI weighs rival offers
        531 19  -  ANI directors don't like EDl's bid, prefer Smorgon's proposal From Russell Baker in Sydney LONG-SUFFERING share holders in troubled engineering and steel group Australian National Industries (ANI) are weighing rival proposals offering them shares in engineering company Evans Deakin Industries (EDI)
        531 words
      • Article
        Lock icon Belgium's Mobistar falls up to 7.8% on debut
        328 19 Entry of new mobile phone rival in '99 conld retard growth Bloomberg [BRUSSELS] Mobistar SA stock yesterday fell as much as 7.8 per cent on its first day of trading after a US$34O million (*****.6 million) initial public offering, on concern new
        Bloomberg  -  328 words
      • Article, Illustration
        Lock icon A giant protest
        45 19 [BRUSSELS] About I,sooemployees from some of Levi Strauss 'jeans factories in Belgium and the rest ofEurope holding a giant pair of jeans during a demonstration in Brussels on Monday. Four European factories and two US plants are threatened by possible closure. REUTERS
        REUTERS  -  45 words
      • Article
        Lock icon Telecoms firms form cable network
        171 19 AFX-Asia [SYDNEY] Cable Wireless Optus Pty Ltd, Telecom New Zealand and World Com have formed the Southern Cross Cable Network linking the US with Australia, a joint statement said. The 28,200 km Southern Cross Cable will be the longest submarine cable ever laid and the
        AFX-Asia  -  171 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Nasdaq tumbles 4.8% on fears over global economy
        516 20 Technology stocks hit amid concerns that US slowdown will depress sales NYT, Bloomberg [NEW YORKJ Technology stocks fell sharply on Monday, leading the stock market lower as the troubled world economy seemed to undermine investor sentiment. From Japan came the news that
        NYT,; Bloomberg  -  516 words
      • Article
        Lock icon Motorola beats forecasts with US$ 40M profit in Q3
        391 20 Restructuring, cost cuts help offset Asian bines, it says NYT [CHICAGO) Motorola Inc, the wireless communications and semiconductor company that has been stumbling for about two years, said on Monday that its third-quarter earnings were better than expected, largely because of
        NYT  -  391 words
      • Article
        Lock icon AT&T buys Vanguard Cellular, sells paging unit
        246 20 Bloomberg [NEW YORK] AT&T Corp said it will buy Vanguard Cellular Systems for US$l.5 billion (552.5 billion) in stock, cash and assumed debt, in the company's latest attempt to boost sales at a faster clip. At the same time it sold its paging
        Bloomberg  -  246 words
      • Article, Illustration
        Lock icon Europe's biggest IPO Swisscom up 8% on debut
        220 20 Bloomberg [ZURICH] Swisscom shares rose more than 8 per cent in their first day of trading in the US yesterday as Switzerland's state-owned phone company completed Europe's largest initial offering this year. The sale, the eighth-larg-est initial offering ever, raised 7.5 billion
        Bloomberg; REUTERS  -  220 words
      • Article
        Lock icon Veritas to buy Seagate unit for US$ l.6b
        387 20 Deal will allow firm to expand into Windows NT market Bloomberg [MOUNTAIN VIEW, California] Veritas Software Corp, which makes software to protect data, said it would buy a subsidiary of Seagate Technology Inc for US$l.6 billion (552.7 billion) in stock to expand
        Bloomberg  -  387 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Lehman puts emerging markets, hedge funds risk at US$ 236m
        506 21 HEDGE FUNDS DEBACLE Amoant less than 5% of capital, says bank, amid rumours of financial woes Bloomberg [NEW YORK] Lehman Brothers Holdings Inc, whose stock and bonds have been battered by unsubstantiated speculation of financial collapse, said its risk to
        Bloomberg  -  506 words
      • Article
        Lock icon SEC: No plans to inspect brokers
        151 21 Bloomberg [WASHINGTON] The US Securities and Exchange Commission has no plans to conduct formal on-site inspections of large brokerage firms to gauge their exposure to hedge funds, said Richard Lindsey, the SEC's market regulation director. But it wUI continue other efforts to review the
        Bloomberg  -  151 words
      • Article
        Lock icon LTCM said to have lost money in risk arbitrage
        470 21 Bulk of money made from bond arbitrage but fond went into stocks last year Bloomberg [GREENWICH. Connecticut] Long-Term Capital Management LP (LTCM), which was taken over by lenders in a US$3.6 billion (Ss6.l billion) rescue last week, made most of its
        Bloomberg  -  470 words
      • Article
        Lock icon Anti-trust suit soon for Visa, MasterCard?
        296 22 Bloomberg (WASHINGTON] Visa US Inc and MasterCard International expect a US anti-trust law suit soon challenging their control by the same banks and rules barring member banks from issuing rival cards. Industry officials say. The world's two largest credit card companies have been investigated
        Bloomberg  -  296 words
      • Article
        Lock icon Deutsche Bank says 3rd-quarter earnings will be below forecast
        412 22 It cites bad loans and the slump in emerging markets Bloomberg [WASHINGTON] Deutsche Bank chief executive Rolf Breuer said third-quarter earnings at Europe's second biggest bank were "significantly lower" than forecast because of bad loans and the slump in emerging markets.
        Bloomberg  -  412 words
      • Article
        Lock icon Meeting of major oil companies marred by anti-trust doubts
        330 22 Participants deny that they discussed oil prices FT [VENICE] Chief executives from some of the world's leading oU companies on Monday ended two days of talks marred by concern over the possible anti-competitive implications of the gathering. Twenty chief executives were
        FT  -  330 words
      • Article
        Vietnam slowly opening doors to foreign insurers
        342 22  -  Asia Insurance eyes joint venture with Vietnamese partners By\ Soh Tiang Keng [SINGAPORE] Vietnam is taking steps to open its doors wider to foreign insurers to do business there. Its finance ministry said it wanted to "encourage the diversification of insurance business among
        342 words
      • Article
        Lock icon Nationwide Mutual completes merger with Allied Mutual
        239 22 Bloomberg [COLUMBUS, Ohio] Nationwide Mutual Insurance Co has completed its merger with AUied Mutual Insurance Co, creating the fourth-larg-est US car and homeowners insurer. Columbus, Ohio-based Nationwide said it will sell its Employers Insurance of Wausau workers compensation insurance unit to Liberty Mutual
        Bloomberg  -  239 words
      • Article
        Oct futures close on high note
        276 22  -  HtMFtX Report MSCI Singapore index Jardine Fleming THE MSCI Singapore Index started the day under pressure from a weaker US market. Blue chips in the US were slightly lower, but the more high-tech oriented Nasdaq market was off almost 5 per cent. This in
        276 words
      • Article
        Futures down again on Nasdaq fall
        181 22  -  MSCI Taiwan fixtures Refco Singapore THE Simex MSCI Taiwan Stock Index futures resumed the downward trend yesterday morning as the Nasdaq Composite, loaded heavily with US computer shares, tumbled 78.29 points overnight. The futures market opened down, then rebounded slightly after the Taiwan government
        181 words
      • Article
        Lock icon Oil down ahead of inventory report
        220 22 ENERGY REPORT Bloomberg [NEW YORK] Crude oil feU on expectations that an inventory report later yesterday would show that US supplies are ample even after a small decline last week caused by Hurricane Georges. Though the hurricane's impact on offshore rigs, imports and refineries
        Bloomberg  -  220 words
      • Article
        Lock icon CURRENCY REPORT
        286 22 AFX-Asia AFP London THE dollar continued higher against the mark in afternoon trade, aided by a recovery on Wall Street and a correction in the German currency, dealers said. Divyang Shah at Idea, however, said the rebound in dollar is far from signalling a turnaround in its bearish
        AFX-Asia; AFP  -  286 words
      • Article, Illustration
        Untitled
        1233 22 DfTBRBAIfH CROSS RATES pge .«»■> m ftr 9m m bJTjS. v Peso S$ »a«d Sfr »T$ W gS Australia- '0 973 6.178 OAK 1208 0.957 4538 MttF5&7$ 0.778 8.130 2226 *1.186 3L777 ***** 0.983 3538 0.717 0348 0586' Canada 1095 5.323 0.531 3.512 L047 4.981 27.186 64.140 0.852 8.903 2.437
        1,233 words
    • Article
      COMMODITY PRICES
      1796 23 SICOM FUTURES Oct 6 RUBBER (Murtt closing «s it 5.30pm) RSS1 CONTRACTU cwrtsAg) Close Volume Open Month Nigh Low Sett (towns) Interest Nov 98 122.50 122.50 123.00 600 1350 Otc 98 124.00 1600 Jan 99 125.00 650 Feb 99 126.50 650 M*r 99 127.75 650 Apr/Jvn99 130.75 1950
      1,796 words
    • Article
      WORLD STOCK MARKETS
      2304 23 LONDON i j—, I. iimiimii Oct* hutt 31 Group 501.000 28.000 AS Ports 260.000 4.000 Abbey National 958.500 *58.500 Allied Domecq 421.000 21.000 Amec 161.400 *1.400 Asda Croup > 170.400 -3.000 BAT Ind 496.000 24.800 BO Pk 394.400 17.000 BICC 59.000 1.000 BOC Group 733.400 26.400 BR
      2,304 words
    • Article
      Lock icon TOKYO
      1620 23 Bloomberg Q Nikkei 225 +7152 JAPAN'S benchmark stock index rebounded from its lowest in almost 13 years, led by real estate developers and banks amid heightened .expectations the government will pump trillions of yen into the economy and banking system to hasten recovery. Yet gains by Mitsubishi Estate Co
      Bloomberg  -  1,620 words
    • Article, Illustration
      Lock icon JAKARTA
      733 24 AFP Ql Composite Index -120 INDONESIAN shares closed 1.2 per cent lower yesterday on a stronger rupiah that depressed overseas-listed, dol-lar-denominated counters, dealers said. An institutional dealer at a regional brokerage said trading was largely influenced by foreign selling in selective blue chips. "What I can see is a
      AFP  -  733 words
    • Article, Illustration
      Lock icon BANGKOK
      782 24 AFP SET Index +LBB THAI shares added 0.8 per cent at the close yesterday, lifted by short-term speculation in key blue-chips in line with other markets in the region. dealers s^id. "Actually the market was totally free from news or fac tors to move it either way," said Book
      AFP  -  782 words
    • Article
      Lock icon MANILA
      279 24 AFP Q Manila +3.62 SHARE prices rose 0.3 per cent yesterday on late bar-gain-hunting, analysts said. The Philippine Stock Exchange Composite Index gained 3.62 points to close at 1,170.16 points. Turnover rose to 200 million shares worth 401 million pesos. Metropolitan Bank and Trust Co rose four pesos to
      AFP  -  279 words
    • Article
      Lock icon CHINA
      250 24 Reuters Shenzhen Blndex closed SHENZHKN'S domestic currency A shares ended down yesterday as technical selling took the market lower in relatively light trade, brokers said. The A Share Index lost 7.19 points to 391.31 on turnover of 2.8 billion yuan. Shenzhen's hard currency B share market was closed yesterday
      Reuters  -  250 words
    • Article
      Lock icon TAIPEI
      360 24 AFP Qj WP Index -8532 TAIWAN stocks fell 1.3 per cent yesterday but ended off their lows amid concerns over the worsening financial situation at local companies and weak overseas financial markets, dealers said. The Weighted Price Index dropped 85.32 points to 6,534.65, following a holiday on Monday. It
      AFP  -  360 words
    • Article
      Lock icon SYDNEY
      607 24 AFP EH All Ordinaries -245 SHARES fell almost one per cent yesterday, led by major bluechips such as News Corp, amid concerns about offshore markets, brokers said here. The All Ordinaries Index slumped 24.5 points to 2,491.2, its lowest close since Sept 11. The All Industrials fell 51.8 points
      AFP  -  607 words
    • Article
      Lock icon WELLINGTON
      252 24 AFP □Wellington NEW Zealand stocks rose 0.8 per cent yesterday on gains posted by leading stocks that cushioned the market against negative overseas leads. The NZSE-40 Index gained 12.82 points to 1,704.97 on modest turnover of NZ$57.B million. Telecom ordinary shares were up 10 cents to NZ$7.5O. AFP od»
      AFP  -  252 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Financial counters lead rally
        402 25 AFP Q Composite Index +1135 MALAYSIAN share prices surged yesterday, led by financial counters boosted by plans for the recapitalisation of 10 banking institutions, dealers said. The Composite Index rose 14.35 points to close at 374.45. The Second Board Index gained 1.65 points t091.76. A research
        AFP  -  402 words
      • Article
        Untitled
        7641 25 INDUSTRIALS 1998 List Vol m High Low Ciywjf W» -000 IWgh Low p/t tan 3K> 170 Aiinomoto 205 03 83.1 t4a 35 Angkasa 53.5 2 18 54 49.5 13 78.9 290 123 Apollo Food Hlg 195 8 10 196 188 6.8 78.0 388 108 Beriaya Land 135 1 466 138
        7,641 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        2351 26 ■OHOS, LOANS i WMRANTS Urt Val Day Lot Ouata Av« H««A Law Sta* fwnn Sata ,000) H*h Lm Buyar M« Prtca 20.5 3 }I60 *Acar ******1 US$ 4 4 45 I 95 4.5 3164 Acma ******4 5 -1 287 6 4.5 *5 5 5 3161 AIITach *(*****7 28.5 255 39
        2,351 words
      • Article
        Will Parkway wrts be converted?
        215 26  -  WARRANT WATCH By. R Sivan!thy THE action is hotting up for the Parkway warrant as it nears expiry. With only a week left and with the share price bobbing around the warrant's exercise price, the big question is: will the warrants be converted? On balance,
        215 words
      • Article
        CLOB INTERNATIONAL
        190 26 Ct Or V* Day IMOuMi Mv M* YM Nrt M C— L*w itnm C.wiy SO» COOP) Ml# L— M«, Cw W 400 250 5123 COt (2000) MK 400 400 g_Q 2.4 2.0 20-5 7744.7 5124 C4th*yPac20cHK_720 2(10 2.1 7.4 6.0 *****.4 5125 Chaung KonqSOc HK. 1780 Ml 240.0
        190 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      5981 27 Transaction date: 0< tto Or Or M Wt >99* Laat Vol Day LMt Ou«t* Dtv CNv VM N*» Cap Av« M* I-•« StNa Cin«l| Ut fOOOl HH> low —yor C'vr P/I Smfc Mn MULTMNOUSTRY M2 49.5 m t K>00 Acma 50c 55.5 id unch
      5,981 words
    • Article
      SESDAQ
      1155 27 Or Or M art *a< »p» LaatOwata Dk Ok TN M Cap A«9 L— «twa film fa» rooot Ua T «—ar fw Wl |Sl Prtea 243 30 a 2049 AS Auto 10c M »3 582 64 61 63.5 *4 15.0* 73 2J 6.0 7X1 *3 82 47 a 2051
      1,155 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Untitled
        346 28 Stacks Volume STEngglOc 5.187,000 SembCorp 25c 4,651,000 OUB Foreign 4,211,000 Leofxj Hin 20c 3,716,000 SingTel 15c 2,988,000 DBS Land 2,651,000 Informatics 5c 2,350,000 Kcppei Land50c 2,332,000 NatSteel 50c 2,274,000 Keppel Corp 1,872.000 Stocks SPH i 13.190.120 008 Foreign 9,511,612 SIA Foreign 9,171,038 SingTel 15c 8,168,500 STEngglOc 7,410,593 SemDCorp 25c 5,549,740
        346 words
      • Article, Illustration
        Selling pressure sparked by Wall Street well-absorbed
        658 28  -  STOCK MARKET COMMENTARY But liquidity is fast falling STI ends firmer, helped by SingTel's 13-cent rise to $2.79, seen by some as an artificial close By R Sivanithy [SINGAPORE] Some of the selling pressure that engulfed Wall Street on Monday found its way
        658 words
      • ON THE GRAPEVINE
        • Article
          Got oUr Barings right
          153 28 SOME months ago we reported that ING Barings was scaling back in Singapore and retreating to a hub. in this case, Hongkong. Neil Payne, the firm's managing director, dismissed the rumour and said that on the contrary, Barings had taken up an additional floor in Republic
          153 words
        • Article
          Big bang: results for some
          97 28 GIVEN all the bad news that bombards us from Japan these days, it's nice for a change to talk about a Japanese concern that is expanding. Last Friday, Nihon Tanshi, one of Japan's biggest money brokers, finalised a deal to buy over British money-broker M
          97 words
        • Article
          MACH spells success
          129 28 THE spin doctors at Luxembourg-based MACH SA, the data clearing house for GSM mobile phone operators, obviously know a good thing when they see one. The company, whose name stands for Multinational Automated Clearing House, needed a catchy way to launch Its product line back In 1991,
          129 words
        • Article
          Free shopping to spur economy
          97 28 JUST as Japanese politicians seem to have exhausted new economic Initiatives, Prime Minister Keizo Obuchj now said that he would consider a novel proposition by an opposition party handing out gift certificates to citizens to spur consumption. The Komei party proposed a 30,000 yen (Ss4oo)
          97 words
      • Article, Illustration
        HOT STOCK
        69 28  -  -by Shiv Taneja NATSTEEL Electronics closed 18 cents lower yesterday at $3.20 on a volume of 1.18 million shares, compared with its 10-day traded average of 415.500 shares. In the near term, the counter is likely to trade sideways, according to the daily and weekly RSI and Stochastics.
        69 words
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      111 17 F r ifr' A company's strength lies in the Backbone of its staff. I 1 Dauphin has the practical and suit individual needs. For more aesthetic answer to a major prob- healthy posture, added comfort lem for the purchasing depart- and increased productivity! mentf The Beta FB 6330 ex eculive
      111 words
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      211 18 DrinH Vour Way To Healthy Savings! (QSSSP natural mineral water and HIE pure distilled water now come with a wider range of dispensers designed to fit any living or working space! On top of the premium quality standard that <B> £~«3!9bS KSlSflfl Product Selling Price SffSfi 4 2£ nP ,41
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      15 18 See Sunday a Sunday Classified special on antiques, collectors' items, and arts crafts L JL
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      Page 18 Advertisements Column 3
      401 18 Seminar on Treasury Risks Controls As financial derivatives continue to become more common in Singapore the number of issues with respect to these products continues to increase. Losses resulting from financial derivatives transactions regularty shock both the financial markets and regulators. Many of these losses have arisen out of weak
      401 words
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      118 19 ySUk 9 jgME mmm It ~jypJi w v^H SH|A.dPg ML #C% I7 0 "jSMW ■^■b ''''»mciMui l v^rJ^jMnnMr i»? "*s yT < <'^riHi^lß xr H§&Jp|lL*'•' > SW ""--'f- "%^H^^HHBm| v tBSSB -V >, t tIH" _s, u y fc* f l lis profile displays the je isfan of vacneron loiisl<nnn
      118 words
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      1628 20 fcl BANCA Dl ROMA CONSOLIDATED BALANCE SHEET AS AT 31 DECEMBER 1997 1997 1996 Asset Items m. IB [IL IB Cash and deposits with central banks and post offices 928,711 866.290 Treasury bills and bonds eligible for refinancing by central banks 13,176.585 14.095,188 Loans to banks: 41.855.828 39.918.680 a) on
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      165 21 At electronica 98 We are building up strength! J*; 5 1 fIJ ft®. I I \M r f 4 A] one of the most modern trade fair centres in the wortd. more than 3.000 exhibitors on 150.000 m of exhibition space will present the world's finest electronics from the following
      165 words
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      Page 21 Advertisements Column 2
      211 21 Editorial: Improving financial safety, Pg 13 Solid waste removal Bulky waste removal Mechanical sweeping of roads, parks, industrial parks, large paved areas and car-parks Sale and I S rental of a wide range of refuse bins Sale and rental of mechanised waste storage and handling equipment Sale and rental of
      211 words
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      36 24 ♦The Hongkong and Seoul markets were closed yesterday for a holiday Buy It. Sell It. Find It. Classified. yj Call Today For Results Tomorrow. 1800-737-1166 I Put The Straits Times Classified to work for you today.
      36 words
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      51 26 Alfred dunhill t^KM^ li ssm mm H mm The AD 2000 Carbon Fibre Fountain Pen I The New Millennium Watch RAFFLES HOTEL ARCADE THE PARAGON NGEE ANN CITY OUB CENTRE SOGO RAFFLES CITY SINCERE WATCH OUTLETS I Buy It. Sell It. Find it. Classified. ygj Call Today For Results Tomorrow
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      28 27 buy > wo ,inance Hotline: 320 0168 w Hemai Cash Deposit* Investment Car 4 -AngMoKio Tel 458 4222/4333 B SofoD.po.it Box.. uipmw|t Construction SINGAPURA V....1, BUILDING SOCIETY LTD 4
      28 words
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      907 28 BUSINESS Xo tires lo advcrtiM- call 1011-free IXUO-741 IKXJ HTHE COMPANIES ACT CHAPTER 90\ SECTION 290(2) (b) MUM of moumoM JSuSLsLSSSssUSS MNOAPOHE VIETNAM INVESTMENTS PTE LTD (M MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Singapore Vietnam Investments Pie Ltd haM at 391 A Orchwd Road #16-00 Ngee Ann
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      Page 28 Advertisements Column 2
      64 28 J| o c a I iii i' VTI i if f l ir« i -11 ii I j 11 L—li— lyg -—2 V .j .j.. 7/vTv" Any Destination, Any Time. Sailing schedules to the Americas more. 24 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. Another innovative
      64 words
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      Page 28 Advertisements Column 3
      40 28 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. toil nj 1800-737-1166 (•II I»4ay f«r Itsilu Imnn.
      40 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      308 29 Bridge News Reuters TYPICALLY slow Monday trade was compounded by holidays in the East, although there was little to suggest any change in sentiment. Panamax rates in the east remained at firmer levels, but the Atlantic appeared a little more uncertain after last week's firmer tone. Futures eased
      Bridge News; Reuters  -  308 words
    • Article
      MARITIME STOCKS
      283 29 mmwatB Oct w C WT Distribution 0.25 *0.005 14 ChuanHup 0.35 unch 52 Cosco investment 0.39 unch 6 Freight Links 0.135 *0.005 1128 GOHoMings 0-205 unch 1 H* Sun Hup 0.29 -O.005 48 Hitachi 2os*n'. 0.50 unch 72 IMC Mohftngs HK 5.60 J*V* Moldings 0.41 -0.005 13 Jurono
      283 words
    • Article, Illustration
      Lock icon Andhika eyes integrated logistics for growth
      481 29  -  Group hopes to offer clients range of customised marine-related solutions By Felix Chan [SINGAPORE] Like many shipowners who have built up a host of ancilliary services around their shipowning activities, the Andhika Group is casting a keen eye on integrated logistics as an engine
      CHRIS LOH  -  481 words
    • Article
      ITF campaign against open registers an abject failure
      735 29  -  STRAIT TALE By\ Seafarer LAST week Seafarer looked at the International Transport Workers Federation (ITF) anti-open register campaign which is currently focused on the worldwide voyage of ITF's exhibition ship Global Mariner. Today this column starts to consider the underlying issue of
      735 words
    • Article, Illustration
      FASC slams liner groups over freight rate increases
      357 29  -  By\ Marcus Hand [SINGAPORE] The Federation of Asean Shippers Councils (FASC) renewed its attack on liner conferences over their lack of transparency in setting freight rates, at the opening of its Annual General Meeting (AGM) here yesterday. In his opening speech to
      357 words
    • Article
      Calypso dispute settled
      124 29 [SINGAPORE] The owners of the Calypso have reached an out-of-court settlement with local yard Kwong Soon Engineering Shipyard over the 1996 sinking of the celebrated ocean research ship in Singapore. The settlement was reached on Monday, the first day of the scheduled five-day hearing before the High
      124 words
    • PORT Shots
      • Article, Illustration
        ABS chairman visits S'pore
        84 29 [SINGAPORE] American Bureau of Shipping chairman Frank larossi (right) is in Singapore on a one-day visit The classification society chief is here in conjunction with celebrations to mark the formation of ABS Nautical Systems, a joint venture formed between the ABS Group and New York-based Nautical
        84 words
      • Article
        Lock icon Dubai Drydoeks wins A$ 40m deal
        100 29 Bloomberg [PERTH] Woodside Petroleum Ltd said it awarded a As4o million (5540.2 million) contract for the refit of its Cossack Pioneer floating production vessel to Dubai Drydoeks, owned by the Dubai government Woodside said the work will increase die maximum oil production capacity to
        Bloomberg  -  100 words
    • Article, Illustration
      Lock icon Vision for next millennium
      1008 30 OAKLAND PORT Building programme designed to position it to capture more cargo moving between the US east and west coasts THE Port of Oakland's Vision 2000 envisions adding 250 acres of terminal facility capacity, 800,000 TEUs of container throughput capacity, building two new rail terminals, converting
      FILE PHOTO  -  1,008 words
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      SHIPPING SCHEDULES INDEX
      366 30 PACE EngLee 12 Amazon 12 ESP Lines u ANL 3 Ethiopian 12 Accord 8 tWQrwfl 6 Ahrenkiel 12 ExpressU 13 Appenship 5 Fanwide 12 Asm OCL 12 FoongSun 8 U Astro 3 Frota 13 Austral 8 Frt Links 14 Avant 14 GL 4 B'tang Mas 8 Gemartrans
      366 words
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      SHIPPING GUIDE
      17350 37 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Oesfn Name Nam# Number Number SIN Desfn Nam* Name Number Number > x 21/10 15/11 Ki»n Hung FREEDOM CONTAINER FR004S 65-*****33 To ABIDJAN (ABJ) 2003 Cot# O'lvoire a/to 8/n speeda freedom container
      17,350 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        730 43 ¥****1 Voy Wo B«rth Arrival Dtpartur* JwiM Nrt A"* 1 *****8 JK> alongside M M/1200 04/96 J02 alongside 04.10/2200 •riflKCoral U J22 alongside 10.10/2100 *«*kv* WCT96 J01 (longs id* 06.10/2300 M *****6 J01 alongside 07.10/0600 C Progress 06/10 J09 alongsid* 06.10/1500 0*6««4 M J12 alongside 06.10/2000 01/96 J
        730 words
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        CONTAINER SCHEDULES
        1796 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy Mo Etb/Btr Period From To From Aw c r A£M3S 06/0100 U 04/1500 06/1651 06/800 06/1500 06/1651 06/800 U 01/1700 07/0651 07/0100 H 06/1700 07/0651 07/0100 1 07/0700 07/181 07/1400 07/1200 07/1451 07/1700 a»*«<wm »0-02J os/owc
        1,796 words
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        GLOBAL HOLIDAYS
        192 43 Oct 10 Japan: Sport- s Day. Taiwan: Double Tenth National Day. Oct 12 Canada: Thanksgiving Day. Mexico: Columbus Day (optional). Spain: Natinal Day. United States: Columbus Day. Oct 10 Malaysia: Deepavali. Singapore: Deepavali. Oct 23 Thailand: Chulalongkorn Day. Oct 20 Austria: National Day. Ireland Republic Of: October Holiday.
        192 words
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        COCKPIT BUNKER MARKET REPORT
        779 43 THIS report, compiled by Cockett Marine OU Ltd. •howi price ranges In US dollar* instead of tingle prices for a mora comprehensive description of the market Prices shown are baaed on averaae-slaed stem Market movements are Indicated The Cockett Bunker Price Index change and the Individual
        779 words
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        VERITAS BUNKER QUALITY REPORT
        538 43 0c1< P«natY Water Brtgw Art SedH»eM No above E25 I 4 12 3 3 0 310 Ave 987.6 0J 16.0 0.07 2« 0.03 Eiim 380 Max 996.0 0.9 19.8 0.12 154 0.11 "WW3 PTM tox Wo tbovt G35 W 0 13 0 1 1 ISO/Cimac limits
        538 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Airbus may let China produce A 320 wings
        518 44  -  Move part of plan to improve relations and sales in China after shelving of joint 100-seat jet project By. Felix Chan [SINGAPORE] Airbus Industrie is reportedly mulling over a decision to transfer part of the A 320 wing production to China in
        518 words
      • Article
        Lock icon Boeing's undelivered orders double
        414 44 Many airlines delay taking deliveries of planes Bloomberg [SEATTLE] Boeing Company said its backlog of undelivered orders almost doubled in the third quarter as economic troubles in many nations led airlines to delay taking delivery of planes. The world's biggest jetmaker delivered 123 planes in the
        Bloomberg  -  414 words
      • Article
        Lock icon US asks int'l airline passengers to list next-of-kin contacts
        451 44 Reuters [WASHINGTON] US Airlines began asking American citizens on international flights to voluntarily provide next-of-kin contact information in the event of a crash, airlines and federal officials said. The US Department of Transportation (DOT) said 75 to 80 per cent of
        Reuters  -  451 words
      • Article, Illustration
        Lock icon Smart move?
        38 44 [BERLIN] Derided by critics as a "shopping bag on wheels, "the two-seat Smart car developed by Germany's Daimler-Benz AG and Swiss watch maker SMH Group took to Europe's roads on Monday after a six-month delay. REUTERS
        REUTERS  -  38 words
      • Article
        Lock icon Qatar Air, Sale in US$ 84m lease deal
        130 44 AFP [DOHA, Qatar] Qatar Airways is to lease four Airbus A32os from Singapore Leasing Enterprise (Sale) in a deal worth a total of US$B4 million (*****.12 million). A Qatari official said yesterday the agreement covers a five-year lease of the aircraft which
        AFP  -  130 words
      • Article
        Lock icon PAL to give up 8 planes to creditors
        523 44 Philippine national carrier resumes flying today Bloomberg [MANILA] Philippine Airlines Inc said it agreed to surrender eight Airbus Industrie jets to its creditors as the national flag carrier prepares to resume flying today with a smaller fleet. Under the accord with a
        Bloomberg  -  523 words
      • Article, Illustration
        Lock icon Carrier threatens to sack defiant staff
        354 44 AFP [MANILA] Philippine Airlines (PAL) threatened yesterday to sack hardline union members who refused to return to work following a deal to allow the collapsed airline to resume flights. PAL executive vice-presi-dent Manolo Aquino said the company had sent a return-to-work notice to all
        AFP  -  354 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1814 44 cnv F1J6HT ETA FU6HT ETC S025 0640 IH6373 2350 MM* AM230 IMO LH786 1625 S026 2350 $0230 IMO N***** 1625 LH787 2359 kmUtciam W4327 0755 KU38 2300 1"® S024 2320 W05 $***** 2359 ***** 0755 Mwafcb $0909 1700 ***** QIC BJ37 M85 Him>uWC C2351 2045 Auckland
        1,814 words
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      26 29 Oakland port's vision for next millennium Building plan designed to position it to capture more cargo moving between the US east and west coasts. Page 2
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      Page 29 Advertisements Column 2
      3 29 A weekly series
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      Page 29 Advertisements Column 3
      228 29 Airbus may let China produce A 320 wings Move part of plan to Improve relations in China after shelving of joint 100-seat Jet project. Back Page Expcmd^^^^l }iour^ IH Shipping Times Now Shipping Times is Proposed editorial shipbuilding poised to deliver your highlights include: Special Feature advertising message right Prospects
      228 words
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      1075 30 NORTH AMERICA 1 I EXPORT 1 1 OTHER DESTINATIONS SSX SUPER SHUTTLE EXPRESS DIRECT TO LA WEST COAST OP CENTRAL AMERICA (MARGARITA SERVICE) rasa wr msw tipsw ua mi hou ok nt mcoarr vtssa I vot |s» nanm I rrI —SfillSijSalaiiiiflii] ssr- ssi »s wis KTKr~sr z z z z
      1,075 words
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      Page 30 Advertisements Column 2
      644 30 Lines sendees represented Members of the by Members o» the Registry of Naai Singapore Fretght Forwarders \jX3M£/ Accredited Shipping Agents ■eflg* Association xgt«Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETTA PKL ETA SIN ETA MALE Princess Lily VOS9N 10 ie 12/1* 19/11 Princess lily V 0698 29/1* 36/10
      644 words
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      1065 31 TO EUROPE FROM EUROPE rasa VOY SIM RTM ANt HAM OtV SOU FXT UH VESSEL VOT mm AJM HAM Mtv SOU HT tin SIN a* 540W 00/10 31/10 20/10 20/10 24/10 DAMME 540E 10/00 14/00 17/00 14/00 00/10 NOINfS OOSW 00/10 25/10 17/10 30/10 31/10 MY FEDERAL 313f 17/00 10/00
      1,065 words
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      Page 31 Advertisements Column 2
      1833 31 I HANJIN SHIPPING HANJIN SHIPPIMC (S) PTE LTD Imp Impi am lOOUNG *****35 737 SALES 37*0774 731 DOCUMENT 37M771 774 OffIATKMS 37*0741 757 MUM LINE 7727*55 fu 777*11 QUO II *****0000 M TO NW USA CANADA USA CAH/NPA* fD WT |U«I 5M UNI HAU./YOY 5U I TIW Iml PH «l
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      Page 31 Advertisements Column 3
      424 31 VKSa W_ _SM_ TO WT si HKG Kfl USH PUS I VOT I SIM IPK IvtSSR oikmmm M7s 04/10 ot/io mn 07/10 n/u wo ]s/io u/10 T I ffijE I$ \l Hl}!§ |M|Bl MKPUSAII lI3S W/10 lt/10 H/10 70/10 71/10 Sirgnimc hk I U/101 W\l lifnaffiAiSPMnTl 014SIn/iol \v\l mmim 14s
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      1328 32 DSR-SENATOR UNES TO UK/CONTINENT TO RED SEA/M UTKKRANEAWCANADA WT SIN lEH IW W KW H> FU VESgI WY 6ff W H» HC UTI TM« ETtfUMTY W0544 0110 11.11 3110 15.1* 3010 till JAPAN SfNATOfI WMS44 0515 25.10 77 10 25 10 11 10 (711 CHOYANG ATIAt WN542 13.10 3*. 1#
      1,328 words
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      Page 32 Advertisements Column 2
      896 32 I AC-N ELS S PORE IVI'SIA I Carrier; MN COMTR LINES, INC p.quoanq: *****26 I CJ\7 \zJ SIBU: (064) *****9 MANILA: (632) *****24 SSSSBigffiS WEEKLY CONSOL TO PASIR GUDANG MV "ALAM JAYA II" V.8281N ETA SIN: 16-10-98 [JSA/ VANC XIUHUA/JANICE AUST/NZ CALL XIUHUA/MARIA PUSAN CAIL CYNDI/ JANICE EUR/ MED CAIL
      896 words
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      Page 32 Advertisements Column 3
      650 32 |».IJESSELTON LINE Br JBL m» W34»< wxi i5Mm MUARA j LABUAN ~1 vissa voy no ru vrssa vor rro rr* SPOtEMUAtA tfOCf UK swaitshok rm/n 04/10 u/io siumHon rm/n 09/10 u/ic CAIAAA *0-32 VI4I/40 13/10 10/10 CAIAKAM-32 VI4K/W 13/10 17/10 SIMHSMOH VHt/40 30/10 23/10 STtAITS HOPE V7IE/40 20/10 14/10 CAAAKA
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      1457 33 VESSEL VOY SIN PQU PRO PEN POB DUB SHJ BA BIK 1 IRAN GHEYAMAT PJL 1307 18/10 30/10 01/11 07/11 IRAN VAHOAT PJL 1317 14/10 18/10 24/10 28/10 28/10 PQB= Mina Qaboos OUB Dubai. SHJ Sharjah, BA Bandar Abbas. BIK Bandar Imam Khomeini ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN
      1,457 words
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      Page 33 Advertisements Column 2
      1619 33 DIRECT TO ISRAEL IN 13 DAYS EVERY THURSDAY J g I 6 SHENTON WAY TIL 226 1900 FAX: *****08 OUTWARD (l/l) *****02 JOHORE OFFKE: I7d M?riV.T.s!!j2 #17-08 MS HDG SALES/BKGS *****57/60 INWARD DIPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD *****50/55 T/SHPMT DIPT *****25 TEL 02-07-35 M 166 FAX:
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      Page 33 Advertisements Column 3
      691 33 EASTERN CAR UNER, LTD.'^t^T 2 fLfcj Ed (SINGAPORE) PTE LTD SPECIALIZE IN RORO 4 HEAVY UFT UPTO 450 TOWS j ECI (SINGAPORE) PTE UTO LOADING FOR JEBEL AU CHENNAI MV "LUNA AZUI" V.14 MV "ORIENT ROSE" V.27 ETA SIN 06/10/98 ETA JEBEL All 15/10/98 EIA SIM 07/10/98 ETA CHENNAI 13/10/98
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      1362 34 I EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA J SGP ROM ANW HBG THP ZEE IHV LHV THP RDM ANW HBG PKL SGP I ISSXE. n«/i? ?J2I 04/11 E «"CH RE-020 17/09 19/09 18/09 21/09 2208 15/1# 15/10 I F nFrfL? ni <JE? «,S SSO! 1/1 "J/J 1 08/11 10^1 I'/" E. ROYAL RE-039 24/09 26/09
      1,362 words
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      Page 34 Advertisements Column 2
      773 34 I saggPlf PACIFIC INTERNATIONAL LINES (PTE) LTD I sSsSSSs KEBB 140 CecH Street, #03-00 PIL Building, Singapore *****0. CR NO **********06 WW SSI nu siw m std Mfi iui HT »di Si Sti "nT"" ff= 1,1558 iw arl in ww tic mi Sii ""sST™ I®Zl®—2o/iQ is/io ?«/io 30/iQ 31/10 s/ii
      773 words
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      Page 34 Advertisements Column 3
      608 34 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VOY SIN PUJ put JWI CPT K» WAWTAIPHIIKESS <O?4S 13/10 27/10 30/10 31/10 NANTAI QUEEN VO3OS 19/10 ?»/10 01/11 04/11 M/H" 01/11 NANUIDUGON Y.009S 27/10 05/11 09/11 12/11 13/11 murmi vo?ss 03/11 it/11 lyiT w/ii NANTAI YEWS VO3OS 11/11 20/11
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      461 35 BSA .i. mm MYANMA WHlik FIVE STAR LINE (Myoamor Notional Line) Loading for Yangon (Rangoon) VESSEL VOY SIN PKL PEN PGU MAWIAMYINE SOW SID PMYA IJ7 10/10 MALAYSIA AUNTS: BOUSTEAD SHIPPING AGENCIES KUL TEL (03)*****00 PKL TEL (03) 376*101 PEN: HI (04) 2****** PGU: HI (07) *****21/4 BANK LINE (A
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      Page 35 Advertisements Column 2
      1571 35 HYUNDAI MERCHANT MARINE CO., LTD. I VESSEL VOY ISM IsOU|LEH|RTM|ANT|HAM|BRV| Fa IVESSa VOY I SOU I 1» I RTM I ANT 1 HAM 1 RtV 1 FEL I {111 OK 549W 08/10 24/10 31/10 21/1 C 29/10 DANUH 5401 14/09 19/09 14/09 17/09 01/10 Nans 005W 09/10 29/10 31/10 26/10
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      Page 35 Advertisements Column 3
      1031 35 ipeaoind outocamers TO NORTH AND LATIN AMERICA HEAYYUFT SERVICE* IVfSSiI VOT RAMP HEIGHT SIN LAX CRI MM SAV KAL ORf NYC NEW MOI TEXAS FO2O 400 Tow 6.3 M 13/10 09/11 TO7TI 2T7TT 23/11 25/11 26/11 27/11 02/12 WTT~ TOtA FB2l 400 Tonj 6.3 M 29/10 25/11 04/12 07/12 09/12
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      940 36 BANGKOK/MAP TA PHUT/LAEM CMABANOI JAKARTA/PAN J ANQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN KOTARATNA RNAOS3 In Pt 10/10 THANA BHUM 307S In Pt 10/10 NANTABHUM" 414N In Pt 10/10 11/10 GURU BHUM 98S In Pt 11/10 BANI BHUM 118N 08/10 11/10 GURU BHUM 98SB 06/10
      940 words
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      Page 36 Advertisements Column 2
      579 36 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE VSI VOT IsPOWt|AOAII/B DAMIH lURG I MfMtW l AUTWtHP A VESSEL ?>/1? ***** OMIT 05 01 TO AUSTRALIA "~j P FULL CONTAINER SERVICE vs. vot wcTsT m ft "wp Ma mm aol |mt AH EMERALD ObS OH I IMO UrtO 310 2410
      579 words
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      Page 36 Advertisements Column 3
      930 36 VESSELS VOY JED MLA MPW HAM TMP rmjj vk_l£ oe tanya T2BW 12/10 21/10 Stio ovii S7Ti aim S7H nZTi VIU£DE TAURUS A2BW ***** ***** ***** ***** 7^~ VILLE D AOUARIUS U2BW 26/10 04/11 ***** ~~ivTi Ml Tsm VILLEDEANTARES L2BW oa7ii 11/11 ***** aii S/ii xm~ SCANOtNAWAN (AAWHUS, COPENKAGEN, GOTHENBURG)
      930 words
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      Page 36 Advertisements Column 4
      22 36 CONVENTIONAL SERVICE LOADING FOR MADRAS/BOMBAY Accepting heavy lift Upto 40 tons ETA 20.10.98 FCL7LCL WEEKLY SAILING TO BANGKOK/HO CHI MMtVHONG KONGVKEELUN&GALCUTTA/ KARACHIJAPAN/DURBAM/MADRA^BBY/COLOMBO
      22 words
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      49 37 BHHHT=^>I4 STEnffcDial 740-6000 OR Q61T13 HQ —JmJ (Retrieve more schedules!) Press "1" Select the port and key in STECJ the four digit code eg: To New York (NYC) 2275 sj£> Key in your fax number your phone number Another innovative service offered by The document Will be Shipping Times
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      154 39 f N FREE Reader Enquiry Service cut out and Fax to 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: 1 ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a
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      Page 40 Advertisements Column 1
      1039 40 SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 800 KINGS CALL DIRECT j- 1^ *****41 43 JESSICA/CELIA/MEICHAN 7 slgs/ week 2 slg/week (VESSEL [~VOY —SIN |~JAK [VESSEL jVOY SIN [PLB ACX CLOVER 904 IN
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      Page 40 Advertisements Column 2
      675 40 CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI accepting roth soc and coc container VESSEL VOYAGE r* SIWOATOtI Jtu cotQjMO fTA lUIACH smmm ooiHw lyiQ/w ?o/ia/w ?s/)o/w swat ooiHw n/io/w ?;/io/n oi/n/w SIUUMM 007HW OVII/W 10/11 /ft 15/11/* swt oo?Hw \vu/n i;/ii/w ruw/n SHAUUUI 003HW 74/11 01/17/ M 06/17/W
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      Page 40 Advertisements Column 3
      495 40 m FAR EAST 09/10 KEELUNG/KAOHSIUNG 11/10 BANGKOK 11/10 MANILA/CEBU 11/10 JAKARTA/BELAWAN/SURABAYA 11/10 PORT KELANG/PENANG/E. MALAYSIA 13/10 BUSAN 11/10 TOKYO/YOKO/KOBE/NGO/OSA 11/10 HONG KONG m CHINA 11/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU m EUROPE/UK 11/10 LDN/FLX/IVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 11/10 LOS ANGELES/NEW YORK all IPI points
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      Page 40 Advertisements Column 4
      508 40 CCC+ Singapore Soviet Shipping CPL W\VV alh ************ MwltHine Shipping PL w33) fWWyO—IS-bufar,) aatiysmnoK VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNOIS 10/10 18/10 29/10 30/10 KOTARATU RTUO23 17/10 25/10 05/11 06/11 BUXMOON 119N 25/10 02/11 13/11 14/11 IVOta VOY SIN CALCUTTA SIN HARIBHUM 01SV |OS-09/10| 14/10 24/10 MREGINA
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      933 41 MCC TRANSPORT I APM SAIGON SHIPPING STRATTS SHUTTLE SERVICE Ilvtsa Ivor I tuiw«t nan |sfo«f Ivksb voy roswg roc mmnm Ivcsn vor rasroti fwrmjuic] MOMORf (17 06/10(TUt) W/10 13/10 NOMA 4142 11/10& UN) 12/10 NKC VANTACf MM 05/10IMN) M/ 10 OPTIMA 9M2 M/ 10 (HU) 12/10 IS/10 NOMA *43 11/10
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      Page 41 Advertisements Column 2
      1798 41 ißasfflSrrow 03WM0 S ISo So 27ft KFio Sffl!—m—ham—an AM Jm—wmL. JfflML JSHSJ NY* SMRIUS 04WA41 15.10 11.10 OJ.II 0111 0711 KTK ANTARES 06EA37 1109 15.09 16.09 20JJ1 06.10 12.10 1110 1110 111# NY*ANTARES 07WA42 7110 07.11 09.11 10.11 1111 NY* ANDROMEDA 05EA38 7009 2109 2109 27.09 1110 19.10 20.10 2110
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      847 42 I VESSEL VOY TIGER ISLAND 651N 07-12/10 16-22/10 26-27/10 I TIGER PEARL 652N 22-23/10 TIGER BRIDGE 653N 14-15/10 20-24/10 »30/10 E TIGER BAY 654N 18-19/10 23-28/10 02-03/11 5 TIGER PEARL 656N 22-23/10 27 02/11 06-07/11 I TIGER ISLAND 655N 26-27/10 31-0»11 10-11/11 IVESSE^^^\!O^^sincals!^| SIN HAI 021 09-09/10 15-19/10 26-27/10 I
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      Page 42 Advertisements Column 2
      820 42 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg REGULAR LCL FCL SERVICES ALEXANDRIA IZMIR SAN ANTONIO BUENOS AIRES LAEM CHABANG SANTOS CEBU MALTA SHANGHAI ISTANBUL GOTHENBURG XINGANG '••PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong *****113 flms^osiaonline.net Port Kelang *****40 flem^tm.nat.my Bangkok *****42
      820 words
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      Page 42 Advertisements Column 3
      1237 42 OOCL (Singapore) Pte Ud CPS nutrpiT^— 79 Ajism Road #21-04 (S) *****6 8* 513 #01-128 CJ NO **********0 M W: 272 7827 hr ktthkJ QPi Ut *****13 F., 221 3942 F.i: 272 7125 fmomifv Orient Overseas Contain** line *•W ({(d), Jf (Malaysia) Sdn Bhd (Reg N* *****2-U) ca H \3*
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      122 43 LEGEND R Thunderstorm Temperoture °q X\ V Shower Weather —S Wmd direction with speed m knots Roin Cloudy Sky Wave height Su wm<h orrows which fly with the wind X c,rcl '•P~««nts calm of Ugh. and variable winds J One hoH fleche reprint, 5 knots w '0 knots 4__ One
      122 words
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