The Business Times, 30 October 1998
1998-10-30
1
42
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The Business Times
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Title Section13 1998-10-30 1 85C MITA(P) 110/12/97 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, OCTOBER 30, 199813 words
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Article56 1998-10-30 1 DuSSJi (+5.43) □BT-SKI 64M8 (+4.83) flsnßnnmnßßß U 177.13 (+1.17) ST0C1 MAilKT 1MWUBS Thursday Change KLSECOMP 4MJfi -114 NIKKEI a/Ml* HANOSKNO tniH +4.41 SET INDEX J4M7 ♦MJI JAKARTA COMP JW.4I -1» MANILA C0MP—UM8JI +*7J TAIPEI WPI 73H8I *HM 8HXJL00MP J7UI 4# CLSACHiNAB MU* -21-01 AUST AlXiORO —M1?J *-l 1156 words
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Article73 1998-10-30 1 FOHZim U89 SI IBS UI8 £(U8S/SSperX) 1J78 1714 DM IJ4I MSI YEN 116.4 IJN* RM UN UN HKS 7.747 UN BAHT *81 U44 WJP1AM 7JM— UB •St mm mi* FUME BATES SINGAPORE* 718 KUALA LUMPUR 1LM JAKARTA MM BANGKOK 14.71 MANILA 8J» HONGKONG 1«A TAIPEI &M SYDNEY itt TOKYO73 words
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Article, Illustration752 1998-10-30 1 Audrey Tan - Contraction less than expected bnt analysts see 4-5 quarters of negative growth By. Audrey Tan [SINGAPORE] Early estimates show that the Singapore economy shrank 1.5 per cent in the third quarter, in its first quarterly contraction since the 1985 recession,752 words
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430 1998-10-30 1 19,900 workers were laid off in first nine months: Boon Yang [SINGAPORE] Singapore's unemployment rate surged to 4.5 per cent at the end of September, almost twice the 2.3 per cent in June. Preliminary data show that 5,500 workers were laid430 words
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239 1998-10-30 1 Ven Sreenivasan - By Ven Sreenivasan [SINGAPORE] The stock market showed remarkable resilience in the face of reports that the economy shrank by 1.5 per cent in third quarter. Traders had expected the market to be vulnerable to bad news as it was ripe for a correction239 words
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722 1998-10-30 1 Carol Eng - Govt will take lead in cutting variable part of wages Reports by Carol Eng [SINGAPORE] Prime Minister Goh Chok Tong yesterday came out decisively for a 10point cut in employers' Central Provident Fund contributions as a key measure722 words
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287 1998-10-30 1 Marissa Chew - This level of response not seen since early last year By\ Marissa Chew [SINGAPORE] Sesdaq-bound Spindex Industries' initial public offer has been 177 times subscribed, a level not seen since early last year. The maker of precision machine parts said yesterday that it287 words
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Advertisement116 1998-10-30 1 111 SIDE Three-month interbank interest rate slips further, prime rate cut expected, Pg4 What's the difference between a merger and a takeover? Plenty, says Lee Han Shih, Pf 17 Intaraet fraai The US Securities and Exchange Commission on Wednesday charged 44 individuals and companies with committing fraud over the Internet116 words
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Advertisement7 1998-10-30 1 Extracts of PM Goh's speech, Pg 27 words
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Advertisement12 1998-10-30 1 B&ht hits 12-month-high, stocks rally 4.5%, Pg 8 Market reports, Pg 22-2612 words
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Advertisement172 1998-10-30 1 Petronas may buy into Proton, Porodua The deal could rescue debt-laden parent Hicom Holdings, controlled by family and friends of the late auto czar Yahaya^hmad Q K Goh buying ovor Lao Co Full reports, Pg 17 Blanc pain SINCE 1735 THERE HAS NEVER BEEN A QUARTZ BLANCPAIN WATCH. AND THERE172 words
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FOCUS
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Article, Illustration3822 1998-10-30 2 We have to lighten the cost burden of companies not just for the current crisis but also to improve our competitiveness over the longer term, says PM Goh The following are excerpts of Prime Minister Goh Chok Tongs address to the NTUC ordinary delegates'CHEW SENG KIM/ST - 3,822 words
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SINGAPORE AT HOME & ABROAD
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647 1998-10-30 3 Ronnie Lim - Deregulation in April wiU trim margins, hedging market will form, says Kepfels' US partner CMS From Ronnie Lim in Melbourne ELECTRICITY prices or tariffs in Singapore are set to fall next April when the market is deregulated, and monopoly Singapore Power faces647 words
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Article, Illustration346 1998-10-30 3 David Boey - UK retail giant's acquisition, for an undisclosed snm, is its first in S-E Asia By: David Boey ELECTRIC City Singapore Pte Ltd, one of the five largest retailers of electrical and information technology goods in Singapore, has been acquired by a UK-based retail group, Kingfisher pic,346 words
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Article, Illustration376 1998-10-30 4 Siow Li Sen - Bnt reduction likely to be only 25 basis points, with banks still risk-averse Siow Li Sen THE benchmark three-month interbank interest rate fell further yesterday with local banks quoting bids at 2.252.37 per cent and offer rates at 2.75-2.87 per cent. ButSource: MAS/Reuters - 376 words
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211 1998-10-30 4 SINGAPORE'S debt market is fast turning into a thriving affair, with the PSA Corporation being the latest entrant with a $400 million bond issue. The company said yesterday that it planned to issue its first variable rate notes. The note issue, which211 words
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Article, Illustration309 1998-10-30 4 Teh Hooi Ling - By 1 Teh Hooi Ling METRO Holdings expects its retail operations to return to the black in the next financial year with the opening of two stores including its flagship at the Paragon shopping centre on Orchard Road this month. "WeARTHUR LEE - 309 words
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447 1998-10-30 4 Siow Li Sen - Academic says fall in prices will lead to an erosion in confidence By I Siow Li Sen THE government should intervene more in the property market to prop up prices, otherwise the resultant fallout would lead to an erosion in447 words
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Article, Illustration291 1998-10-30 4 Corinne Kerk - EYE ON THE ECONOMY Construction Byi Corinne Kerk Construction progress payments fell for the second month in a row in August, dropping 12.3 per cent year-on-year to 51.57 billion, according to early estimates. The latest figures from the Construction Industry Development Board (CIDB) show a muchSource: CIDB - 291 words
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Article337 1998-10-30 4 Marissa Chew - Flexibility a plus bat may rob firms of investment earnings By Marissa Chew LABOUR chief Lim Boon Heng's idea of introducing a variable component into monthly wages has drawn mixed reactions. While some have welcomed the additional flexibility of a variable monthly wage component, others337 words
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287 1998-10-30 4 Marissa Chew - By'. Marissa Chew STARS Restaurant and Cafe, which has been closed since May after a rental dispute with its landlord, may shine again. The spokesman for the restaurant's partners, Andrew Yap, who is also vicechairman and executive director of YTC Corp, said YTC287 words
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Advertisement22 1998-10-30 3 FOUND SOMETHING? Locate its owner through Classification 821 (Found). t Simply call CA.T.S. at 1800-737-1166 for this free service. Another CtaeaMed Servtoe22 words
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Advertisement208 1998-10-30 3 l)fl kjk I nßK^r^^fflpi Digital Size HP DS77 H Asafmontby a a SgSg B1 vmm Camen. or s f Jggjg. leading digital camtn pndt Digital ■——-SHH|^|^bl EXI z Smallest (^Lfghtesy Video Cm WTi hiding digital camera guidt Go with the times. Go Digital Size. More Freedom, Creativity and Mobility Panasonic208 words
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Advertisement521 1998-10-30 4 >S/ INDUSTRIAL AND COMMERCIAL BANK OF CHINA (Incorporated in The People's Republic of China) I* Head office 55 Fuxingmennei Dajie, Xicheng District, Beijing, China Tel: 86-10-*****027, *****026, Tlx: ***** ICBHOCN, Fax: (10) *****011 Singapore Branch 6 Raffles Quay #12-01 John Hancock Tower, Singapore *****0 Tel: 538 1066, Fax: 538 1370,521 words
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Advertisement31 1998-10-30 4 1 v .,-V r X W >;-% .iiu n i i iiw—> ii mr i iMMMMMWMWWWMMMMpiiWiiWBiwiii!iiiii)iL. in in win rri"" wr rif What price good design? Find out in BT's Executive Lifestyle31 words
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ASIA'S ECONOMIC SLUMP
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314 1998-10-30 5 AFP Bloomberg [BEIJING] The central People's Bank of China (PBOC) has shut down 12 small credit co-operatives in southern Guangxi province's Beihai city for insolvency, PBOC officials said yesterday. The move just three weeks after the central bank shook markets by closing theAFP; Bloomberg - 314 words
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272 1998-10-30 5 Wrong to link Gitic failure to Citic's ratings, it says Reuters [SHANGHAI] The China International Trust and Investment Corp (Citic) said yesterday that a decision by ratings agency Moody's to place the firm on review for possible downgrade was unfair. Moody's Investors Service this weekReuters - 272 words
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275 1998-10-30 5 Settlements to be conducted through banks from Dec 1 AFP Reuters [BEIJING] Chinese authorities have further tightened foreign exchange regulations, requiring foreign firms to stop swapping hard currency among themselves as of Dec 1. The central People's Bank of China and theAFP; Reuters - 275 words
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434 1998-10-30 5 GDP poised to grow 2% next year, says govt adviser AFP [SEOUL] South Korea and the International Monetary Fund (IMF) have agreed that Seoul will ease credit to help boost the country's flagging economy, officials said here yesterday. "An easy monetaryAFP - 434 words
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123 1998-10-30 8 AFP [MANILA) The Philippine government has junked a proposal to impose price controls on sugar, saying it may spawn an industry black market, President Joseph Estrada's chief aide said yesterday. Executive secretary Ronaldo Zamora said a task force that reviewed agriculture secretary William Dar'sAFP - 123 words
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340 1998-10-30 8 Meera Tharmaratnam - It gets more than half of RM3.3b injection into 10 institutions From Meera Tharmaratnam in Kuala Lumpur THE Arab-Malaysian banking group will be the biggest recipient of much-needed capital from national recapitalisation body Danamodal. Deputy Finance Minister Wong See Wah told Parliament yesterday340 words
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281 1998-10-30 8 Central banker says there's still much to do to secure recovery AFP [JAKARTA] An Indonesian central bank official warned yesterday against over-opti-mism on the economy, saying there was no "quick fix" and much had still to be done despite an easing of interest rates.AFP - 281 words
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Article, Illustration66 1998-10-30 8 [JAKARTA] Keepers of the Taman Safari park near Jakarta taking ink-prints of a Sumatra tiger cub's paws yesterday to distribute to Australian children. An Australian couple earlier donated 16 tonnes of kangaroo meat bought with contributions from all over Australia to the park to helpREUTERS - 66 words
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573 1998-10-30 8 Speculative trade fuels heavy volume; global funds also in Reuters [BANGKOK] Thai financial markets surged yesterday amid a wave of speculative buying on hopes that the beleaguered economy might be on the brink of recovery. The Stock Exchange of Thailand (SET) saw its busiestReuters - 573 words
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Advertisement877 1998-10-30 5 Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Mrs Diana Bean, General Manager or Ms Florence Nathan, Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE, 24 RAFFLES PLACE, SINGAPORE *****1 E-mail: ocrasing«singnet.com.sg877 words
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Advertisement1480 1998-10-30 5 BALANCE SHEETS (BANKING ACCOUNTS) STATEMENTS OF OPERATIONS (BANKING ACCOUNTS) December 31,1997 end 1996 Yeera ended December 31,1997 end 1996 IN7 1996 1997 1996 (la Millions) (In Millions) Millions) (In MMions) Won Won Wofl Won Assets Interest income: Cash 1.142,175 W 2,017,501 Interest on loans W 1,784.367 W 1,264,929 Due (from1,480 words
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Special Supplement: FRENCH BUSINESS IN FOCUS bro^ttoyubyTBA
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Article, Illustration869 1998-10-30 6 A new headquarters, a multimedia showroom and a new sales and servicing complex are in place THE year 1998 will be an outstanding year for French car manufacturer Renault. Domination in the field of innovation has led to record sales worldwide. With869 words
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Article, Illustration718 1998-10-30 7 Dragages, part of French construction giant Bouygues, will hold strong in the Asian crisis, says new MDfor South-east Asia Jacques Pelletier WHAT do the Centennial Tower in Singapore, the Asian Games Multi-Purpose Complex in Bangkok, the grand new extension to the Hongkong Convention and Exhibition Centre718 words
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Corporate News in brief
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Article188 1998-10-30 7 IN line with its investment plans for the Asian region, French specialty chemicals giant Rhodia recently acquired the minority stake of its Indonesian partner to become the sole owner of PT Rhodia Indolatex, the leading manufacturer of latex emulsions in Indonesia. PT Rhodia Indolatex was first set up in 1993188 words
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Article184 1998-10-30 7 Bloomberg HOLDERBANK Financiere Glarus AG of Switzerland, Lafarge SA of France and Motorola of the US spent more than US$1 billion (S$1.62 billion) since August to buy chunks of corporate Asia. The buying spree may be just the beginning. From Seoul to Manila, the world's biggest companies are lining upBloomberg - 184 words
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Article201 1998-10-30 7 AFP FRANCE'S Dassault Aviation has launched a hard sales push for its new generation warplane, proposing full technology transfers to South Korea and offering to build a production line there. Chairman Serge Dassault urged South Korea's military currently subject to budget cuts and project cancellations to invest in the newAFP - 201 words
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Article83 1998-10-30 7 Bloomberg TELEFONICA SA, Spain's biggest phone company, said it and Alcatel, the French telecommunications company, will install and operate three undersea telecommunications cables in Spain's Canary Islands. Alcatel will carry out the project, worth US$12 million, through its Submarine Network and Alcatel Espana units, along with Telefonica's Telecomunicaciones Marinas SA.Bloomberg - 83 words
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Article89 1998-10-30 7 Bloomberg AXA Investment Managers, a fund management unit of Europe's biggest insurer, Axa SA of France, said it agreed to take control of Barr Rosenberg Investment Management Group, expanding its US fund business. Under the agreement, Axa Investment will have about 60 per cent of the voting rights and receiveBloomberg - 89 words
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Article129 1998-10-30 7 Bloomberg DANONE SA, Europe's third largest food company, agreed to buy Poland's biggest biscuit maker, Delicja, from PepsiCo, to take advantage of a market forecast to grow by as much as 20 per cent a year. Paris-based Danone also said it will sell its German ready meals business to HBloomberg - 129 words
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Article147 1998-10-30 7 AFP CHINA'S central history museum is using hundreds of black and white photographs taken a hundred years ago by a French diplomat to document the horrors of life befere the Communist Party came to power. The'&S-pic-ture exhibition at the Museum of Chinese History on Tiananmen Square captures life in south-westernAFP - 147 words
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Advertisement65 1998-10-30 6 sH. jm fil l X k, Reaoeit is wiaaiag the world over with a new Br Wkj£ggm*M geaeratioe of cars the result of 100 years of French driving (Th* now Clio coming toon.l RENAULT ExklusrvAutoServicesPtoUd CARS WITH KtnouK On« huridrrd /ran oi C«y STwwrOOrn 31 Scot* Ro«d FLAIR driving Innovation65 words
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Advertisement111 1998-10-30 7 GX CREDIT AGRICOLE INDOSUEZ 93 years of presence in Singapore, strong corporate and private relationships and the support of a Full License Credit Agricole Indosuez and its subsidiaries focus on Wholesale Corporate Banking Corporate and Investment Banking Services Foreign Exchange, Debt and Capital Markets International Private Banking Mergers and Acquisitions111 words
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Advertisement200 1998-10-30 8 Danaharta just needs to keep NPLs below critical level, Pg 13 I I The highest quality lenses in the world. I Guaranteed. Now the world's highest quality lenses from Seiko have another feature that others don t. FREE Our exclusive one year guarantee card. Not only does it guarantee their200 words
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Advertisement15 1998-10-30 8 Sunday Classified -ClegJVfott 1 at Clarke Quay |§V| CATJ& Every Sunday, 9am spm 1 115 words
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REGION
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271 1998-10-30 9 BANGKOK Number living under poverty line in four countries could jump to 90m from 40m AFP POVERTY is set to more than double in crisis-hit Southeast Asian countries as income distribution worsens amid the regional financial crisis, a World BankAFP - 271 words
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Article205 1998-10-30 9 SEOUL AFP Bloomberg THE South Korean government is to sell its holdings in two state-financed giants, Korea Electric Power Corp (Kepco) and Pohang Steel and Iron Corp (Posco), to foreign buyers, officials said yesterday. The government will sell a 5 per cent holdingAFP; Bloomberg - 205 words
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Article354 1998-10-30 9 SEOUL Hyundai, LG pact will create world's No 2 chip maker AFP [SEOUL] South Korea's top family-owned conglomerates say that a crucial deal to realign the giant semiconductor sector to create the world's second biggest microchip producer is imminent, reports said yesterday. The long-touted deal,AFP - 354 words
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255 1998-10-30 10 SEOUL AFP SOUTH Korean business tycoon Chung Ju Yung was likely to meet the North's reclusive leader Kim Jong II in Pyongyang yesterday to discuss a historic tourism deal to link the enemy nations, sources said. The meeting, if realised, would comeAFP - 255 words
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418 1998-10-30 10 TOKYO Tokyo must swiftly restore financial system, restructure economy: Hayami AFP JAPAN'S central bank chief delivered a stark forecast yesterday, saying the country still bore the scars from the collapse of the speculative bubble economy. "First of all, the mostAFP - 418 words
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268 1998-10-30 10 HONGKONG But Sun Hung Kai chief urges caution on govt land sales AFP HONGKONG'S ailing property market, the driving force of the territory's economy, is expected to recover next year, a leading property developer said yesterday. Raymond Kwok, managing director of Sun HungAFP - 268 words
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Article, Illustration144 1998-10-30 10 HONGKONG AFP THOUSANDS of Hongkong people flocked to bookstores on Wednesday to get the autograph of the last British governor, Chris Patten, on his first visit since the handover. Mr Patten, who arrived Wednesday, is on a tour to promote his book East and West, whichAFP; REUTERS - 144 words
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227 1998-10-30 10 KUALA LUMPUR Defence minister says details have been given to S'pore AFP MALAYSIA has sent a memorandum to Singapore backing its claim of intrusions by the Republic's military planes into Malaysian airspace, Defence Minister Syed Ham id Albar said yesterday. NationalAFP - 227 words
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201 1998-10-30 10 TOKYO AFP PROSECUTORS yesterday arrested a Japanese ruling party lawmaker suspected of misusing about 12 million yen (*****.700) worth of public subsidies, officials said. The Tokyo District Public Prosecutors Office arrested Yojiro Nakajima, 39, of the Liberal Democratic Party (LDP) and raided his TokyoAFP - 201 words
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Advertisement164 1998-10-30 9 i I xmft. £i >; IPf fife.-%' c' vv >j #i «j£ i >■ A W^Hm Jh v"* 4 -i.. "i |f l&f?i -...k..«{-'-iLt" ;*3w.<*£ filtr■ -v m >, timepieces gucci boutiques and selected retailers w -v~ i V j}f^ I am frCC 1o have ambitions m to improve myself164 words
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Advertisement103 1998-10-30 10 Id S* h d* li The distinguished Audi A 6 officially designa,ed car used by some fit "for HeedS of StdtG end economic world. A fleet of 15 Audi A 6, i a m 2.4 tiptronics, complete with liveried j (fmE JE» cepteins of industry et the recent M 1103 words
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THE WORLD
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399 1998-10-30 11 WASHINGTON Employment cost index rises 1% in quarter, more than 0.8% forecast Bloomberg LABOUR costs for US businesses accelerated in the third quarter, as wages rose at the fastest pace in more than eight years, and the job market retainedBloomberg - 399 words
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318 1998-10-30 11 Tm MIOOSOTT CASE Bat Justice Dept says both firms are not monopolies AFP [WASHINGTON] Seeking to turn the tables in its antitrust trial, Microsoft attorneys have presented evidence suggesting that rival Netscape attempted the same kind of "market division" that incurred the wrath ofAFP - 318 words
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189 1998-10-30 11 MOSCOW AFP RUSSIA'S central bank yesterday revoked the licence of one of the country's largest banks, Inkombank, after it effectively went bankrupt. "The Bank of Russia was forced to take this measure as the significant fall of the rouble rate and the massive demandAFP - 189 words
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Article, Illustration28 1998-10-30 11 [ODESSA] From their high position on the lap of this monumental sculpture, three Ukrainian boys watched the military ships moored at Odessa's harbour on Wednesday. AFPAFP - 28 words
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210 1998-10-30 11 WASHINGTON Reuters BRAZIL'S US$B4 billion (*****.8 billion) plan to rescue its ailing economy represents important progress in implementing a programme of economic reform and stabilisation, an International Monetary Fund spokesman said on Wednesday. The spokesman said both the IMF and "other members ofReuters - 210 words
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584 1998-10-30 12 Leon Hadar - Lewinsky's not a big issue but Republican gains pose threat to presidency Froh Leon Hadar in Washington THE majority of American voters are expressing almost no interest in next week's mid-term congressional elections, but both President Clinton and the Republican leadership on Capitol Hill584 words
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Article, Illustration297 1998-10-30 12 LONDON AFP ONE of the greatest 20th century British poets, Ted Hughes, has died from cancer at the age of 68, a few months after publishing a homage to his American poet wife Sylvia Plath, who killed herself in 1963. Covered inAFP; REUTERS - 297 words
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398 1998-10-30 12 LONDON Re-weighting from US$ going at a fast pace: research head FT THE Japanese are finally boarding Europe's single currency train. Having virtually ignored European economic and monetary union in recent years, Japanese investors have switched in the last three months to European governmentFT - 398 words
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Advertisement38 1998-10-30 11 W lit "Eat-Alj-U-Cai%* Steamboat 'KeAtauraiit cAtnm&pHere HCawker Trice Mon Sot: Dinner Only Sun: Lunch Dinner Subject to service charge, prevailing govt tax 3% G 5 T ®1£ ffiu/tfxf "5 Uon City Hotel, 15 Tonjong Kotoflg Ad €-moll: khotel@po<ifk.r>et.sg38 words
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Advertisement201 1998-10-30 11 1 LOOK! THE GREATEST FEATURES ARE INVISIBLE. "sO.OMfO.O* r a The dual band GSM 900/1800 systems makes it easier to stay connected. c tU p«op«' thou n,w m ragglM m UQRLD SI |Hn The modem built-in to the SH 888. It lets you connect to the as as faxes you201 words
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Advertisement670 1998-10-30 12 Available with 1 colour panels, mirror panels, stainless steel panels, EH| stainless steel wraps and B designed for built-in L A ftmana mum (Bl |=JB.I-HJJi>J=lU^«lJlel=iJ=lliJ^^M^M ISO Paya Lebar Road #09-03 Yi Guang Building Singapore *****2 Tel: *****08 Fax: (65) *****02 Showroom 176 Orchard Road t03~43F Centrepoint Singapore *****3 Tel: *****88670 words
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Advertisement9 1998-10-30 12 TURN TO PAGES 24 TO 26 FOR MORE NOTICES9 words
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Advertisement93 1998-10-30 12 rGOLD///PFEIL n The Voyage Collection is made of an extremely durable and practical, high-quality twilled nylon fabric. The leather edging is in finest leather with a vertical grain. The strap is made from nylon, offering the same features as a safety belt. Trolley bags: $498 (left) $398 (right) Boutiqu«s: Unit93 words
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EDITORIAL & OPINION
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Article, Illustration640 1998-10-30 13 Sree Kumar - THE BOTTOMLX2VE OPINION By Sree Kumar The writer is a development economist and partner in a consulting firm HEADS keep rolling. The news in the last four weeks has been of CEOs of international companies losing their jobs in the wake of640 words
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Article173 1998-10-30 13 'I wouldn't object if the scarf was just about religion, but it isn't anymore. It's a political uniform. It's a way of saying that you want to get rid of the secular republic. I think it's very dangerous.' -Gnk&nEnui a 16 year old, on other young Turkish173 words
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Article687 1998-10-30 13 EDITORIAL EVEN before the ink has dried on the agreement between Israeli Prime Minister Benjamin Netanyahu and Palestinian President Yasser Arafat, new difficulties have arisen. In contrast to the goodwill seen immediately after those nine days of negotiations, Mr Netanyahu now says he is not687 words
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Article, Illustration907 1998-10-30 13 Tom Plate - It allows Bering to cushion the crashing domestic effect of the Asian financial crisis By' Tom Plate LAT-WP IT WAS definitely the new China that Beijing's ambassador to the United States was selling last week. Forget about the insane Cultural Revolution andLAT-WP; FILE PHOTO - 907 words
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476 1998-10-30 13 Thomas Walton - MAILBOX Thomas Walton Sector Coordinator, Environment Resident Staff in Indonesia The World Bank ON Oct 22, The Business Times carried an article headlined "More hard times ahead for Indonesians: World Bank" which concerned drought and food security. Your writer Shoeb Kagda used information from476 words
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235 1998-10-30 13 Ng Mun Yee - Ng Mun Yee Communications Unit Danaharta PLEASE refer to your editorial, "Malaysia's road less travelled" (BT, Oct 27), in particular paragraph 7 that begins with "To make matters worse..." While we do not dispute that the reclassification of non-performing loans (NPLs)235 words
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Article435 1998-10-30 13 Ptnocbet: Britain's mistake ENGLAND'S High Court on Wednesday quashed the arrest order of Augusto Pinochet, ruling that as a former head of state he is immune from prosecution or arrest in Britain. The decision is a mistake. If the evidence holds up, Pinochet should be turned435 words
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Article, Illustration603 1998-10-30 14 PARVATHI NARAYAN - Art-2 features works by a printmaker, a sculptor and an artist who works with charcoal. FARVATHX NARAYAH reports PARVATHI NARAYAN IN today's economic climate of "let's cut all unnecessary expenditure", the conventional art exhibition with wine and cheese openings and glossy invitations is a fairly expensive proposition. The603 words
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524 1998-10-30 14 Shahiron Sahari - SPORTS By I Shahiron Sahari [SINGAPORE] It started with a major controversy, but the Standard Chartered Asian Rugby Championships could probably not have a better finale even if it had been scripted. Not only will Asia's biggest guns Hongkong, Japan, South Korea, Taiwan524 words
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Advertisement227 1998-10-30 14 Feature 7ison until Nov 30 at Art-2 The Substation, 45 Armenian Street jfe EMBASSY OF COMMISSION throughout I Singaporeans to savour the typical taste and flavour of Italian cuisine! The initiative will include specisj discounts and promotions on selected meftus in participating restaurants during the month of November These special227 words
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Advertisement135 1998-10-30 15 a TURKISH EXPERIENCE 'DUcooci mane food, CoitUAC A tifHu of exotic lun&ctf, Presented by chefs and performers from TUTAV, the Promotion Foundation of Turkey. 30 Oct 6 Nov 1998 The Belvedere Reservations: 831 6288 Mandarin yj Singapore rVOncUn) M Singapore 2JSS67. TeL 7J***** /«r. *****61 i I EyVeH>e> Uouyr. D'u*135 words
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Page 15 Miscellaneous
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Miscellaneous735 1998-10-30 15 TV&RADIO e.OO News 5 Today followed 7.30 Tamil Sethi (News, T). Prtm re 12 by Wheel of Fortune. 8.00 Berita 12 (News, M). 2.30 PM TV Innovations. 6.30 The Pyramid Game. 8.30 Warisan Warkah Mela4.00 Kidz Blitz: Sesame 7.00 News 5At Seven. yu. JHH Street. 7.30 Property Watch (In 9.00735 words
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Miscellaneous137 1998-10-30 15 CRYPTIC CROSSWORD 26 fei Amy. he MfRBIMIK (9.5) DOWN 8 Standard disciple of parish YESTERDAY'S SOLUTION 1 Hoarsely loud, caucus rhyme t t r IBIEIOIOIFIRIOISIEISMCIAIMIPI (7) 13 Cooked pies mtact, germ free [AMEMQIfBMAMhfvM^ 2 MD putting out court dis- 0) claimer (7 8) 16 Prom Parma lts smoked beef 3137 words
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THE LEADING EDGE
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Article, Illustration1402 1998-10-30 16 SHIV TANEJA - It's the business of people, and not just insurance, that motivates Prudential chief Tan Suee Chieh, says shxvtameja SHIV TANEJA IN today's highly competitive world where youth and achievement are increasingly synonymous, it is hardly unique when a small town boy makes good but TanCHRIS LOH - 1,402 words
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Article, Illustration551 1998-10-30 16 TAN Suee Chieh is most closely associated with the development of the insur-ance-linked investment products in Singapore: hybrid financial products that combine the benefits of the investment along with an element of insurance. Prudential is not just dominant in this part of the investment industry,CHRIS LOH - 551 words
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Advertisement103 1998-10-30 16 WINNING. wBfIBI .THmL f^tßv fl 7ft* Mark of Success KBeatMq the competition in the 90's is no small feat. Staying aheadis V. Bu&nmaixfer. the Sir Sfamfarxi TRafjfUs Otub, we are committedto providing our memSers with the toofs to do just that. Our business City concept and emphasis on UotafJsJetfness ensures103 words
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COMPANIES & MARKETS
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679 1998-10-30 17 Catherine Ong - GK Goh to acquire Lee Co for $38m in cash and shares Combined company will be one of the largest retail brokers in S'pore Catherine Ong [SINGAPORE] GK Goh Holdings. parent company of one of Singapore's best-known institutional stockbrokers, is to pay about $38 million in cash and shares to679 words
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818 1998-10-30 17 Eddie Toh - Deal could rescue Hicom, consolidate auto industry From Eddie Toh in Kuala Lumpur NATIONAL oil corporation Petronas may buy substantial stakes in national car manufacturers, Proton and Perodua, according to Malaysian newspapers. Depending on the pricing structure of the Proton purchase, should it818 words
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657 1998-10-30 17 Lee Han Shih - HOCK LOCK SIEW Lee Han Shih THERE has been a string of "mergers" of late. Singapore Technologies Industrial Corporation (STIC) and Sembawang Corporation. Keppel Bank and Tat Lee Bank. DBS Bank and POSBank. What's interesting is that they were all billed657 words
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Article, Illustration466 1998-10-30 17 Louis Beckerling - It cites company's poor performance, plnnge in share price Ha. Louis Beckerling (SINGAPORE! US investment firm Shamrock Capital Advisors (SCA) has urged shareholders of Brierley Investments Ltd (BIL) to sack three of their directors at the company's annual general meeting onFILE PHOTO - 466 words
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REGIONAL COMPANIES
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438 1998-10-30 18 Russell Baker - Near-term outlook for hotels cloudy, it warns, bat property contribution will rise Frotn Russell Baker in Sydney LEADING Australian hotel owner and operator Thakral Holdings revealed that its hotel profits for the September quarter have fallen, and warned that the short-term outlook for438 words
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294 1998-10-30 18 AFX-Asia [KUALA LUMPUR] Perwira Affin Merchant Bank Bhd has recalled credit facilities of 48.8 million Malaysian ringgit (5520.8 million) and RMI2 million given to Intria Bhd which may lead to cross defaults on the latter's other debts. Intria said.AFX-Asia - 294 words
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345 1998-10-30 18 But underlying performance fails to impress analysts Reuters (MANILA] San Miguel Corp (SMC), the Philippines' big gest food and beverage conglomerate, said yesterday its net income in the third quar ter was boosted by asset sales, but most analysts were unim pressedReuters - 345 words
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Article, Illustration60 1998-10-30 18 [TOKYO) Japanese electronics giant Sony on Wednesday unveiled its high-resolution head mount display "PC Glasstron, PLM-S700", which is equipped with a 1.55-million-dot LCD and a Super- VGA (832 x 624 pixels) screen for a monitor, at the company's headquarters here. Sony will put it on theAFP - 60 words
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278 1998-10-30 18 (SINGAPORE) Inchcape Marketing Services (IMS) and its sister company Inchcape Motors are selling 256 Rover cars and interests in two ship agency businesses to their parent company for a little over $7 million. Inchcape Motors said its subsidiary, Champion Motors Brunei,278 words
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165 1998-10-30 18 Reuters [KUALA LUMPUR) The first listing of a company on the Malaysian Exchange and Securities Dealing and Automated Quotation Bhd (Mesdaq) would be in six months' time, Bernama news agency said yesterday. Bernama quoted Second Finance Minister Mustapa Mohamed as sayingReuters - 165 words
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234 1998-10-30 18 AFP [TOKYO) Ten Japanese banks have agreed to set up a one-year loan commitment line of up to 500 billion yen (556.9 billion) for the embattled Nissan Motor Co, a report said yesterday. Fuji Bank and Industrial Bank ofAFP - 234 words
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184 1998-10-30 18 [SINGAPORE] Banks' forced sales of executive chairman Johanes Kotjo's shares in Van der Horst, which has prompted the company to seek a debt moratorium, continued yesterday. The infrastructure company said the Hong Leong group has sold another 1.5 million shares pledged to184 words
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COMPANY Briefs
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Article78 1998-10-30 18 [SINGAPORE] THE US District Court has sent Creative Technology's patent lawsuit against Aureal Semiconductor Inc to trial. Creative said yesterday the court rejected Aureal's motion for a summary judgement based on, among other things, Aureal's key defence that proposed a limited reading erf the scope78 words
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56 1998-10-30 18 [SINGAPORE] Sunright Ltd has invested (1 million in a plant in Pudong. Besides providing burn-in service to semiconductor manufacturers, the Shanghai outfit— Kestronics Electronics (Shanghai Pudong New Area) also represents US manufacturers in the supply of equipment to the semiconductor industry. It will also56 words
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56 1998-10-30 18 [SINGAPORE] Shangri-La Hotel has accepted an unsecured three-year fixed-rate term loan of $60 million from Overseas Union Bank. The loan will be used to repay a long-term unsecured bank loan of $30 million maturing today and the balance, to finance in part the refurbishing56 words
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72 1998-10-30 18 [SINGAPORE) Lion Asiapac yesterday said it has received the second instalment of $14.76 million, or 80 per cent of the sale price of its leasehold land and buildings in Klang, Malaysia. The company will include the gains made from the sale in its72 words
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Article50 1998-10-30 18 [SINGAPORE) QAF Ltd director Ernest Lai has sold 500,000 QAF shares in the open market —100,000 in his own name and 400,000 in the name of Citicorp Nominees Singapore at about 95 cents a share. He is now left with 759,500 shares registered under Citicorp Nominees.50 words
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78 1998-10-30 18 [SINGAPORE] Recently listed local civil engineering group Chew Eu Hock yesterday reported a 29.7 per cent jump in net earnings to $4.4 million on the back ofa 34.7 per cent rise in turnover to $188.1 million. The improved performance was attributed mainly to78 words
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45 1998-10-30 18 [SINGAPORE] Comfort Group has nominated its group managing director, Goh Chee Wee, as a non-executive director of Stamford Tyres Corporation, in which it has a 20.27 per cent stake. The appointment took effect yesterday. Mr Goh replaces Wan Soon Bee.45 words
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REGIONAL/INTERNATIONAL COMPANIES
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351 1998-10-30 19 They are said to have masqueraded as independent securities analysts Reuters [WASHINGTON] The US Securities and Exchange Commission on Wednesday charged 44 individuals and companies with committing fraud over the Internet by masquerading as independent securities analysts when they were really beingReuters - 351 words
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Article204 1998-10-30 19 Bloomberg [NEW YORK] US federal regulators are expected to approve today the merger of the National Association of Securities Dealers (NASD) and the American Stock Exchange (Amex), according to people familiar with the situation. Spokesmen for the SEC, Nasdaq and Amex declined to comment.Bloomberg - 204 words
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Article, Illustration43 1998-10-30 19 [OSAKA] USfilm star Arnold Schwarzenegger (third from left) attending a groundbreaking ceremony on Wednesday of Universal Studios Japan, set to open in Osaka in the spring of2ool. The theme park will also feature new attractions designed specifically for Japan. AFPAFP - 43 words
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231 1998-10-30 19 Bloomberg [TOKYO) Nomura Securities Co, the biggest brokerage in Japan, may close some of its 137 domestic sales offices as the company moves to cut costs following a 207.25 billion yen (552.85 billion) group net loss. The loss for the half-yearBloomberg - 231 words
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Article, Illustration338 1998-10-30 19 Blue Pacific will be used to manage US nuclear stockpile Bloomberg (ARMONK. New York) International Business Machines Corp (IBM) unveiled the world's fastest-ever computer, to be used in managing the US government's nuclear weapons stockpile and other complex business applications. The computer, which contains moreBloomberg; REUTERS - 338 words
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311 1998-10-30 19 Bloomberg [OSAKA] Matsushita Electric Industrial Co, the world's largest maker of consumer electronics, said it lost 1.6 billion yen (5522.1 million) in the second quarter because of feeble demand in Japan and sliding prices for computer displays and hard disk drives. TheBloomberg - 311 words
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230 1998-10-30 19 Bloomberg [REDMOND, Washington] Microsoft Corp said Bank One Corp credit card subsidiary First USA Inc will pay US$9O million (Ssl4s million) to advertise on Microsoft Network for five years in the biggest Internet-advertising agreement to date. First USA, the largest USBloomberg - 230 words
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COMPANY Briefs
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72 1998-10-30 19 Johnson Johnson gets nod to buy DePuy Bloomberg [BRUSSELS] Johnson Johnson, one of the world's biggest medical devices and supplies companies, said it won European Union approval for its US$3.5 billion (555.7 billion) purchase of DePuy Inc. Johnson Johnson's purchase of DePuy, which won clearance from US regulators in August,Bloomberg - 72 words
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113 1998-10-30 19 AFP [STUTTGART, Germany] Germany's largest industrial group Daimler-Benz said yesterday that its operating profit amounted to 5.5 billion Deutschemarks (555.4 billion) in the first nine months of the current year, and 1.74 billion marks in the third quarter alone. It is the first timeAFP - 113 words
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331 1998-10-30 19 Bloomberg [FAIRFAX, Virginia] Mobil Corp said on Wednesday that third-quarter earnings fell 45 per cent because of low crude oil prices, decreased production and less profit from making and selling fuel, especially in Asia. Profit before gains andBloomberg - 331 words
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FINANCE & COMMODITIES
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449 1998-10-30 20 2.6b mark income below forecasts, boosted by special dividend from Daimler-Benz Bloomberg [FRANKFURT] Deutsche Bank AG, Europe's secondlargest bank, said yesterday nine-month profit rose 8.2 per cent, below expectations, boosted by a special dividend payment from Daimler-Benz AG. Net income rose to 2.578 billionBloomberg - 449 words
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419 1998-10-30 20 Paralysis in US high yield bond market forcing it to seek expensive debt FT [LONDON] Virgin Entertainment, which owns Richard Branson's interests in cinemas and retailing, has become the latest casualty of the paralysis afflicting the high yield, or junk, bond markets in EuropeFT - 419 words
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Article, Illustration50 1998-10-30 20 [PHNOM PENH] A Cambodian woman cleaning rice at a rice wholesale market in Phnom Penh on Wednesday. Cambodia expects its main rainy season rice harvest to come at around 2.7 million tonnes, about the same as last year, despite earlier worries over poor rain this season. REUTERSREUTERS - 50 words
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279 1998-10-30 20 Cost-cutting and expansion spur consolidation Bloomberg [WASHINGTON] The US Federal Reserve cleared three regional bank mergers, the largest being Sun Trust Banks Inc's US$7.2 billion (5511.6 billion) purchase of Crestar Financial Corp, which will create the nation's 10th biggest banking company. TheBloomberg - 279 words
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295 1998-10-30 20 It will inject new money to help insnrer expand Bloomberg [SYDNEY) Allianz AG, Europe's second-largest insurer, plans to buy out the other shareholders in its Australian subsidiary MMI Ltd and inject new money into the general insurer to help it expand. Sydney-basedBloomberg - 295 words
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176 1998-10-30 20 Bloomberg [PARIS] The French government said it will call for bids in the spring from institutional investors for about a third of Credit Lyonnais and relinquish all but 10 per cent in the bank before the end of June through a public offer.Bloomberg - 176 words
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228 1998-10-30 20 SIKEX Report MSCI Singapore Index THK MSCI Singapore Index Futures shrugged off the low er GDP figures as the news of a shrinking economy was already priced into the market. The November and October futures contracts made their highs early in the day but228 words
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Article127 1998-10-30 20 MSCI Taiwan futures THE Simex MSCI Taiwan Index futures rallied two points on optimism created by last week's mini-rally. The stock index edged up 54.80 points to 7.016.89, paced by electronics stocks on reports that third-quarter earnings were better than expected. The October '98 contract expires127 words
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294 1998-10-30 20 ENERGY REPORT Bloomberg (NEW YORK) Crude oil futures were little changed amid efforts by some producers to extend existing supply cuts to ease a global surplus. Representatives of five producers, including Saudi Arabia and Kuwait, agreed on the need to maintain currentBloomberg - 294 words
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Article271 1998-10-30 20 AFX-Asia AFP London THE dollar was slightly easier against major currencies in rangebound afternoon trade, with the market shrug ging off the slightly higherthan expected US Third quar ter employment cost index, dealers said. The employment cost index was up one per cent to expectations for a 0.8AFX-Asia; AFP - 271 words
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Article, Illustration1288 1998-10-30 20 IMTERBAMK CROSS RATES (M29 A$ C$ Bwb ECU ffr Dm HK$ lad Its Rupiaft Y»n Wow Ml HZ$ P«fc Is Ptso S$ »aM Sir WT$ Bafct US$ Australia 0.956 6.178 0.520 1435 1.025 4.8M 26.274 46.601 0.723 8.166 2.361 *****4.566 25J32 1.005 3.545 0.M2 ***** 22.872 0.370 0*21 Canada 10461,288 words
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Article1900 1998-10-30 21 SICOM FUTURES Oct*) RUBBER (futures dosing »s at 5 30pm) RSS1 CONTRACTS cwtsAg) Close Volume Opto Month Hlqh Low Sett (tonnts) Interest Nov 98 116.50 1250 Dec 98 116.75 1450 Jan 99 H8.75 550 Feb 99 120.75 725 Mir 99 122.00 1175 Apr/Jun 99 125.75 2850 Jul/Sep 991,900 words
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Article2333 1998-10-30 21 LONDON Industrials Oct 29 Nik# 31 Group 505.000 unch A B Ports 278.000 -3.000 Abbey National 1148.000 12.2S0 Allied Domecq 536.000 -1.000 Allied Zurich 673.400 8.400 Amec 177.000 -3.000 Asda Group —..159.200 0.800 BAT Ind 515.200 12.200 BG PIC 395.600 1.600 BICC 50.000 unch SOC Group 841.4002,333 words
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Article1620 1998-10-30 21 Bloomberg f% Nikkei 225 ♦ISKS JAPANESE stocks rose after four days of declines as investors sought safe issues likely to perform well even in Japan's prolonged recession. Convenience stores such as Seven-Elev-en Japan Co and utilities including Tokyo Electric Power Co paced the rise. "Everybody who has to commitBloomberg - 1,620 words
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Article, Illustration1509 1998-10-30 22 Reuters Q| Hang Seng +4-41 STOCKS closed flat yesterday after a day of volatile trading that saw blue chips shrug off early losses, thanks to a round of active buying in the late afternoon, brokers said. The Hang Seng Index ended up 4.41 points, or 0.04 per cent, atReuters - 1,509 words
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Article, Illustration679 1998-10-30 22 Reuters n Shenzhen B Index -L 67 SHENZHEN S hard currency B shares closed sharply lower yesterday, weighed down by losses in Hongkong stocks and tighter foreign exchange rules, analysts said. The B Share Index dropped 1.67 points to 64.78 on turnover of HK$27 million. Shenzhen's B share marketReuters; Source: Credit Lyonnsis Securities (Asia) Ltd - 679 words
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Article388 1998-10-30 22 AFP FIWP Index +54.80 TAIWAN share prices advanced 0.8 per cent to reclaim the 7,000-point resistance level yesterday due to late buying of technology stocks, dealers said. The Weighted Price Index rose 54.80 points to 7,016.89. following a 1.1 per cent decline in the previous session. "Institutional investors boughtAFP - 388 words
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Article269 1998-10-30 22 AFP n Wellington -6.66 STOCKS fell 0.4 per cent yesterday as the market paused for breath from recent rises. The NZSE-40 lost 6.66 points to 1,864.60 on turnover of NZ$l53 million. Telecom Corp was down nine cents to NZ57.76. Carter Holt Harvey lost 10 cents to NZ$l.5O Oct 29AFP - 269 words
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Article, Illustration798 1998-10-30 22 AFP nSETlndex +14.62 THE Thai stock market extended its charge with a 4.4 per cent jump in huge trade yesterday, confounding sceptics and forcing some analysts to concede reluctantly that it is showing signs of a full-fledged rally. Market volume soared to 12 billion baht. a near doubling ofAFP - 798 words
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Article424 1998-10-30 22 AFP AFX-Asia QOoopoote Index +&39 SHARES gained 1.8 per cent yesterday on bargain-hunt-ing in select blue chips by foreign investors amid a firmer yen, dealers said. The impact of fresh rights issues by major conglomerates, which had earlier dampened sentiment, was limited as they were seen already factored intoAFP; AFX-Asia - 424 words
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Article600 1998-10-30 22 AFP Q All Ordinaries SHARE prices closed margin ally higher yesterday after the release of wages data which seemed to cast a doubt over the possibility of an interest rate cut, brokers said. The All Ordinaries Index rose 2.1 points to 2,617.3. National turnover totalled 325.18 million shares worthAFP - 600 words
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Article, Illustration730 1998-10-30 22 AFP INDONESIAN shares yesterday closed 0.9 per cent lower on growing concerns over possible political unrest triggered by student protests despite signs of an improving economy, dealers said. "If the stock market continues to fall, it is more likely because of non-economic factors. The big protests yesterday demanding cancellationAFP - 730 words
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Article317 1998-10-30 22 AFP "Manila +66.73 PHILIPPINE share prices jumped 4.2 per cent yesterday to a five-month high on the back of a surging peso and heavy buying of blue chip stocks, analysts said. The Philippine Stock Exchange Composite Index rose 66.73 points to close at 1,668.96. Volume reached 2.05 billion sharesAFP - 317 words
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KUALA LUMPUR STOCK MARKET
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Article8661 1998-10-30 23 INDUSTRIALS Consumer products 1996 Last Vol Day Nat Cap High Law Company Sate 'OOP High Law M Smll 310 170 Ajmomoto 240 13.2 97.3 148 35 Anqkasa 55 -3 25 58 53 81' 290 123 Apollo Food Mlg >90 unch 3 190 190 6.6 76.0 388 108 Beriaya Land 1378,661 words
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Article, Illustration425 1998-10-30 23 AFP Cil Composite Index -4J4 SHARE prices closed one per cent lower yesterday in lacklustre trade as investors groped for direction. "There are no leads to beef up the market," an institutional dealer with a local brokerage said, adding that investors' sentimentAFP - 425 words
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WARRANTS & OPTIONS
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Article2814 1998-10-30 24 BONDS, LOANS k WARRANTS m 1998 Last Vol Day LHl Quote Avq High Low St no Company Solo *or- (OOO) High tow Buyer So I lor Prlco 20 5 3 3160 "Acer ******1 USS 14 5 >2 5 1045 15 13 14 5 15 95 4.5 3164 Acma ******4 16.52,814 words
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Article232 1998-10-30 24 HONGKONG STOCKS Gt Or 1998 Lut Vol Oay Last Ouote CHv Dtv VM Net M Cap High Low Stno Company Soto COOO) High tow Buyer Seller C*r P/C SmJt 400 250 5123 CDL (2000) HK. 400 400 8 0 2.4 2.0 20 5 7744.7 5124 Cathay Pac 20c232 words
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191 1998-10-30 24 Ven Sreenivasan - WARRANT WATCH /V Ven Sreenivasan THE recent turnaround in market sentiment has benefited warrants so significantly that these instruments have been hogging the percentage gainers list all week. This is to be expected because warrants are. by their very nature, bull market instruments. But the191 words
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6736 1998-10-30 25 Transaction date: Oct 29 Cr Cr M Wt 1990 Last Vol Doy LMtOwta Mv Div YM Net C«« Av« High Ln StNe Company SaM COOOt HM> Low Buyer C"vr PAE Prtct HLTi MDU5TVY 142 49.5 m t WOO AcmaSOc 83.5 -0.5 846 86 826,736 words
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Article1312 1998-10-30 25 Cr Cr M Wt 1998 La«t Vat Day L«l Ovota 0♦» Oty YM Ml Cap Av« W0> L— Mm C—p—T UH fOOOt m> L— Uttm Cw W t— Ww MANUFACTURING 243 30 2049 AS Auto 10c 92 »1.5 4450 94.5 90 5 92 92.5 15.0N 7.0 16 8.7 '05.01,312 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration375 1998-10-30 26 PTTrTTSnTTSTWfiHHH^HSfllS? Stocks Volume Van der Horst 24,614,000 IPC Corpn 5c 21,728,000 Heshe Hldqs25c 18,660,000 Hotung Inv MT5 17,565,000 Wing Tai 25c 14,184,000 Tianjin Zhong 13,724,000 Excel 20c 13,377,000 TAC BtIO 200 13,182,000 •TanChonglntSOc 12.237,000 Hotel Prop 12,225,000 Stocks 5 City Dev 50c 37,495,558 DBS Foreign 30,681,430 0U8 Foreign 25,990,802 Keppel375 words
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Article, Illustration631 1998-10-30 26 Ven Sreenivasan - STOCK MARKET COMMENTARY Penny stocks still in vogue; transport sector shines on hopes of cuts in fuel duties; properties and banks remain resilient By Ven Sreenivasan [SINGAPORE] Small cap and penny stocks continued to dominate trading yesterday, with transport sector stocks among631 words
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ON THE GRAPEVINE
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Article97 1998-10-30 26 WILL the new merged firm of GK Goh Stockbrokers and Lee Co be called Goh-Lee, two very powerful surnames in Singapore? No, we are told that Lee Co clients will from next year have their contracts stamped with the GK Goh name instead. Lee Kong Ghee is so97 words
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Article99 1998-10-30 26 ONE of the freebies offered for trading via the Internet with local brokerage Lim Tan is a $60 voucher (for trades over $10,000 in contract value in the month of November) which can be used at the classy French restaurant Les Amis. Would that buy you very99 words
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Article76 1998-10-30 26 A HONGKONG hotel has introduced an afternoon 5C session which is said to be gaining popularity among the cigar-smoking crowd. Unlike Singapore's 5Cs (car, condo, credit cards, cash and club memberships), the Hongkong version is Cuban Cigar, Cognac, Coffee and Chocolate. The cognac is VSOP class, the cigar76 words
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Article140 1998-10-30 26 SOME good news for Singapore hotels they can look forward to some business from the many rounds of loan restructuring talks Involving Indonesian conglomerates which often take place here. Last week, when automotive giant PT Astra International met its mayor debtors actually it was members of140 words
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Article88 1998-10-30 26 SOME investment reports are clearly written with a very specific audience in mind. In its "Autumn 1998" Investment Strategy report, the oh-so English private bank, Coutts, said that after underweightlng "Anglo-Saxon (sic) equities" in the third quarter, it Is too early to go back to a neutral88 words
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Article, Illustration67 1998-10-30 26 Shiv Taneja - -by Shiv Taneja IPC Corp closed two cents higher yesterday at seven cents on a volume of 21.7 million shares, compared with its 10-day traded average of 2.8 million shares. Its daily and weekly RSI and Stochastics are well over the 75 level, and in the near term,67 words
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Page 17 Advertisements
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Advertisement87 1998-10-30 17 VOQ T b movado b jKT Viz io Chronograph. Solid stainless steel. Stopwatch. Push-button MV V deployment. Sapphire \l\ M crystal. Water resistant JB \V s to 50 meters. sM|V -r" http://www.vizio.com Chew Cheong Watch Centre a Tel: 235 2536 international Watch Tel: 533 0964 I pong Poh Kee Tel:87 words
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Page 18 Advertisements
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Advertisement334 1998-10-30 18 fentcsa SENTOSA DEVELOPMENT CORPORATION AN INVESTMENT OPPORTUNITY ON SENTOSA Location Plan SSSSf BRANI Sentosa is Singapore's top-paying tourist leisure attraction and one of the region's premier travel destinations. It has attracted over 4 million visitors to the island each year. To date, private enterprises have invested about $420 million in334 words
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Page 19 Advertisements
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Advertisement22 1998-10-30 19 i igf|f Uisit our and elegant djgj A w iiftiT TMTIniHT T nilmlflMfTr ilMrnr f jr- Ei i k j TfpP tssSNH^P^22 words
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Page 20 Advertisements
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Advertisement8 1998-10-30 20 Saturdays Off the cuff by Jaime Ee TheßusinessTimes8 words
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Page 22 Advertisements
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Advertisement39 1998-10-30 22 mS^gkGive your company a higher profile Publish your Chairman's Statement in the newspapers. It will be seen by over a million people. Susan Eng gapore To advertise, call: Judy Tan 740 6163 PreSS Low Chuan HOIOinQS Desmond Kan 74-039 words
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Page 23 Advertisements
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Advertisement12 1998-10-30 23 HOCK LOCK SIEW Takes you behind the news The Business Tim es12 words
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Page 24 Advertisements
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Advertisement336 1998-10-30 24 #> oftodw |S| S!"? "Imagination H N IS| IMPORTANT KNOWLEDGE I BUSINESS Nonces TO ADVERTISE CALL TOLL-FREE 1800-741 1883 NOTICE NOTICE IS HEREBY GIVEN that, 1 Lee Gem Cheng, of 51L, Lorong H Telok kurau Singapore *****2, have applied for a Beer House (First Class) in respect of M/s DRINKS336 words
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Advertisement287 1998-10-30 24 NOTICE IS HEREBY GIVEN that, I CHECK KHENCi YINC. of Blk 406 Choa Chu Kang Ave 3, *03-281, Singapore *****6, have applied for a Public House, First Class (Extended) Licence in respect of M/s Daddy's Pub KTV Lounge Pte Ltd located at S3 SS Tanjong Pagar Road, Singapore *****4, and287 words
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Advertisement421 1998-10-30 24 NOTICE IS HEREBY GIVEN (tat. I WONG CHENG WAN NOTICE IS HEREBY GIVEN .hat I WX»N WAIPENG of of Blk 331, Clcmenti Ave 2 -OS-ISO Singapore *****1, 4 Yi t:hu Kan R d «*>**> ia^ e have have applied for a Ist Class Public House in respect of applied for421 words
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Page 25 Advertisements
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Advertisement203 1998-10-30 25 BUSINESS Xotices TO ADVERTISE CALL TOLL-FREE 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND ELBIPI INTERNATIONAL (S) PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING 'Moocc is hereto given pursuant to Section 308 of the Companies Act. Cap. SO that a Final 'Meeting of the203 words
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Advertisement106 1998-10-30 25 NOTICE IS HEREBY GIVEN that, I NEO CHWEE KIM of Blk 456 Hougang Ave 10 *05-437, Singapore *****6, have applied for a Retail Liquor Shop Licence in respect of M/s Chuan Keng Provision Shop located at Blk 335 Hougang Ave 7 *01-359, Singapore *****5, and that this application will be106 words
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Advertisement110 1998-10-30 25 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I ROBERT DE SILVA of Blk 313, Shunfu Road #03-273 Singapore *****3, have applied for a Public House, Second Class Licence in respect of M/S SALT 'N' PEPPER CATERING SERVICES located at 162, Tagore Avenue, Singapore *****2, and that this application will110 words
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Advertisement107 1998-10-30 25 NOTICE IS HEREBY GIVEN that, I CHEW RICKY of Blk 114, *09-583 Pasir Ris St. 11 Singapore *****4, have applied for a Public House, 2nd Class Licence in respect of M/s 0.8. Singapore Operations Pte Ltd located at 68, Orchard Road *01-01 Plaza Singapura. Singapore *****9, and that this application107 words
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Page 26 Advertisements
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Advertisement870 1998-10-30 26 I BUSINESS Notices TO ADVERTISE CALL TOLL-FREE 1800-741 1883 NOTICE IS HEREBY GIVEN that, ITIAN B(X)N CHEONG of Blk 483,Tampines St. 43 *04-194 Singapore *****3. have applied for a Ist Class Beer House Licence in respect of iM/s De Beer Collection Cafe located at Eastwood Centre 20, Eastwood Road Singapore870 words
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Advertisement1050 1998-10-30 26 CO JpMkSct.?a™lo in the matterwthecompan.es AND ACT, CAP. 50 IN THE MATTER OF ANO EUROPEAN TRANSPORT IN THE MATTER OF TRANS-DIAL SYSTEM (SEA) PTE LTD PTE LTD (In Members Voluntary Liquidation) (IN MEMBERS VOLUNTARY NOTICE OF RESOLUTIONS WINDING-UP) At an Extraordinary General Meeting of the members of the abovenamed Company1,050 words
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Advertisement439 1998-10-30 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SILOX FASHION PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Saction 290<2)<b)] At an Extraordinary General Meeting of the Company held al 9 Penang Road •t3-2t Park Mall. Singapore *****9439 words
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Advertisement667 1998-10-30 26 r IN THE MATTER OF A COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JWOODS INVESTMENT PTE LTD (In Members Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN in pursuant to Section 308(1) of the Companies Act Cap 50. that a Final General Meeting of the667 words
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SHIPPING TIMES
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Article311 1998-10-30 27 Bridge News Reuters SEVERAL Panamaxes were booked in the east for short periods at still healthy rates, but the Atlantic remained weak. Weaker capes ize rates were largely responsible for the fall in the Baltic Freight Index. TANKERS: "Very busy," brokers said. Although the market was "flooded' withBridge News; Reuters - 311 words
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Article311 1998-10-30 27 gtfiv Mi OctW g HI CWT Distribution 0.533 *0.02 592 Chuan Hup 0.485 unch Til Cosco Investment 0.525 *0.005 97 Freight Links 0.21 *0.01 6357 SB Holdings 0.425 *0.035 1510 HaiSunHup 0.445 -0.005 679 Hitachi Zosen 0.67 unch 534 IMC HoMnqs HK 5.60 J*Y< Holdings 0.56 *0.01 107311 words
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Article, Illustration446 1998-10-30 27 Felix Chan - MPA,NTU developing computer system to spot potential conflicts in S'pore waters By\ Felix Chan [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) and the Nanyang Technological University (NTU) is jointly developing a computer-based system designed to predict potential maritime conflicts in theSource: - 446 words
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177 1998-10-30 27 [SINGAPORE] Hongkong is considering building a new cruise terminal which could generate up to HK$35l million (5573.3 million) a year in passenger spending in Hongkong. A study by the Hongkong Tourist Association (HKTA) on the "Cruise market in Hongkong" highlighted the fact that international177 words
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784 1998-10-30 27 Selva Kumar - ADMIRALTY CASEBOOK By\ Selva Kumar IN last week's Admiralty Casebook it was reported that the Singapore High Court has dismissed an appeal by the owners of Maltese-flagged Herceg Novi to stay the action brought against it in Singapore by the784 words
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306 1998-10-30 27 Felix Chan - It has gained lm gt in 6 months to reach 22m gt mark By\ Felix Chan [SINGAPORE] At the rate Singapore's merchant fleet is growing, the Singapore Registry of Ships (SRS) may climb several notches in the world's ranking306 words
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201 1998-10-30 27 Bloomberg [SEOUL] Daewoo Heavy Industries Co, South Korea's second largest shipbuilder, said it won a US$6OO million (***** million) shipbuilding order, calling it the biggest ever single contract in the world. The order placed by Peninsula Star Holdings Ltd a Greece-based shippingBloomberg - 201 words
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260 1998-10-30 27 Alec Almazan - From Alec Almazan in Manila PASSENGER ferry transport operations along Manila's Pasig River has been paralysed since Tuesday when Starcraft Ferry Corp river ferry crews mounted a wildcat strike to protest against delays in their salaries. The strike stranded between one and260 words
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Article, Illustration653 1998-10-30 28 COPENHAGEN Danish capital voted Europe's Best Cruise Destination, confirming its key position in fastest growing tourist sector Denmark Review FOR the second year running, Copenhagen has won the title of "Europe's Best Cruise Destination" for 1997 by the world's cruise operators in a poll inDenmark Review; FILE PHOTO - 653 words
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Article369 1998-10-30 28 PAGE Express T L 14 AAMtime 12 FoongSun 8 ANl 3 Fro<a 12 Accord 8 Frt Links M Ahrenkiel 12 G L nk Appenship 5 Cemartrans 8 Austral 8 GensJigp 12 Avant 14 Glory Nav 14 B'tanq Mas 8 HaiSunHup 8 BSA 7 Hangli 7 BTL 14369 words
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Article17789 1998-10-30 35 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 n/n 06/12 Saferoute CAPRICORN CHALLENG 2409A 65 *****22 To ABIDJAN (ABJ) 2003 Cote D'lvoire n/n 07/12 csav ikaruga oirs *****5755 09/n17,789 words
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SHIPS IN PORT
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Article759 1998-10-30 41 Vessel Voy No Berth Arrival Departure Am* »*iy< *****8 J M U alongside 31.10/1500 Bksstul R 2 9824 J02 alongside 3110/2300 Bt Afrual *****8 J01 alongside 3010/0600 Bt Tika Set *****8 J01 alongside 2910/2000 Dm Daya 15/98 J02 alongside 3010/0600 Evermatesty I J08 alongside 01.11/2300 Km Soon KS1/98759 words
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Article1935 1998-10-30 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To Frw Ac 0»5» 0166 31/1500 U 28/1500 21/1659 21/1900 18 21/1500 2 ft/1659 21/1900 2A 21/1700 29/0659 29/0900 21 28/1700 29/0659 29/0900 J 29/0700 29/1159 29/1400 4 29/1200 29/1459 29/1700 AaJipkat*1,935 words
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Article202 1998-10-30 41 Oct 31 Finland: All Saint Holiday. Sweden: All Saints Holiday. Taiwan: Birthday of President Chiang Kai-Sek. Nov 2 Luxembourg: All Saints Day Holiday. Mexico: All Souls Day (optional). Nov 3 Japan: Culture Day. Nov U Belgium: Amistice Day. Canada: Remembrance Day. France: Amistice Day. United States: Veterans Day.202 words
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Article1015 1998-10-30 41 THIS report, complied by Cockett Marine Oil Lid. shows price ranges in US dollars Instead of single prices for a more comprehensive description of the market Prices shown are based on average sued stem Market movements are Indicated The Cockett Bun ker Price Index change and1,015 words
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Article565 1998-10-30 41 Carton 180 Ma. 989 8 0.7 16.0 0.08 51 0.04 Oct 22 Density Water Residue Ash Aluminium Sediment No above E25 0 0 5 0 0 0 380 Ave 986.8 OJ 15.9 0.07 28 0.03 Cum 380 Mai 996.0 0.7 19.8 0.12 154 0.11 ns/M'3 sv/v565 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration342 1998-10-30 42 Ratification of protocol will ensure airline safety, combat blackings: civil aviation chief Reuters [BEIJING] China's civil aviation chief has urged parliament to ratify an international security protocol which would strengthen airline safety and combat hijackings, the official People's Daily said yesterday. News ofReuters; REUTERS - 342 words
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Article, Illustration526 1998-10-30 42 Bloomberg [AUBURN HILLS, Michigan] Chrysler Corp, the creator of the minivan, seeks to jazz up its vans by making them look more like corporate jets than large station wagons. The No 3 US automaker is unveiling three so-called conceptBloomberg; FILE PHOTO - 526 words
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86 1998-10-30 42 Reuters (TAIPEI) Taiwan's EVA Airways said yesterday it had been contacted by US Airways Group Inc about buying two of EVA's Boeing 767-300 planes, but the idea fell through without agreement. "US Air did contact us to buy two of our Boeing *****0s,Reuters - 86 words
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336 1998-10-30 42 Carrier's first overseas flight in more than a month takes off AFP [MANILA] National flag carrier Philippine Airlines' (PAL) first international flight in more than a month was to take off last night nearly fully booked, officials said. PAL senior assistant vicepresident forAFP - 336 words
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219 1998-10-30 42 AFP [HONGKONG] Hongkongbased Cathay Pacific Airways Ltd said yesterday it was still in talks with Philippine Airlines on the possible acquisition of a strategic stake in PAL. But Cathay Pacific said it had made no offer yet for acquiring a stake in theAFP - 219 words
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154 1998-10-30 42 Reuters [HONGKONG] Cathay Pacific Airways Ltd said yesterday it planned to withdraw six Buying 747 300 pa3Gcngcr-air- craft from its fleet in the coming 12 months. "The total number of aircraft involved is six, they are all Boeing 747 300s, "-aReuters - 154 words
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201 1998-10-30 42 Felix Chan - By Felix Chan [SINGAPORE] Air Madagascar launched a weekly service between Singapore and the capital Antananarivo yesterday, its first foray into the Asian market. The Antananarivo-based airline will operate a Boeing 767-300ER configured for 218 passengers in a three-class configuration on the weekly service.201 words
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Article1993 1998-10-30 42 CITY FLIGHT ETA FLIGHT ETD N***** 1650 Adelaide AN8230 1920 WM05 1650 iH6Mi mo sow» tm sowo ono S0230 1920 Guangihou WC S0803 1915 C2354 0910 Amsterdam SO327 0800 KL0844 0105 C2351 2035 S0804 1015 GA973 0810 N***** 2320 Hanoi YN741 1310 YN742 0905 HL837 15351,993 words
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Page 27 Advertisements
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Advertisement15 1998-10-30 27 Copenhagen: A favourite stop for cruises Danish capital voted Europe's Best Cruise Destination. Page 215 words
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Advertisement156 1998-10-30 27 China urged to ratify aviation security accord Ratification of protocol will ensure airline safety, combat hijackings. BackPage .Mij"leuus '"travels fast IN SINCiAPORL. when you uant to reach out to a sclect target audience in the transport and logistics industry, only one daily oilers you the advantage of maximum reach at156 words
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Page 28 Advertisements
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Advertisement1279 1998-10-30 28 1 NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LA WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) vrssa vot itdsm lgo mi hou chk Sy wxkoan vissa vot sm n.oucnM acajutia Inouw [iubuvintuia Isanlqmnzo sauna otuT ooaoMu 27K44 57i0 mTTo i37n iTTTi1,279 words
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Advertisement693 1998-10-30 28 Lines A services represented Members 1= ■0S;) by Members of the Registry of r*i •>,! Singapore Freight Forwarders Accredited Shipping Agents. Association Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "ARKTIS TBN" ETA SIN 22/11/98 BOOKINGS CALL MONKA/AI UNO TEL 323693 words
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Page 29 Advertisements
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Advertisement1056 1998-10-30 29 TO EUROPE FROM EUROPE Ivksk VOT SIN RTM ANR HAM DRV SOU FIT lEH ilvtssa VOYI «TM <1 HM iflll BT UH sin MOSU S23W 30/10 IS/11 17/11 20/" 2'/" NOICTPR* *****0/10 10/10 13/10 07/10 31/10 NOIAGATI 009W 02/11 If/" 21/11 24/1111/11 NOHOUTI 009t 11/10 13/10 16/10 17/10 03/11 HYADMIRAI1,056 words
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Advertisement2023 1998-10-30 29 (2) HANJIN SHIPPING HANJIN SHIPPING (S) PTE ITD Imp M» torn KXKING 32*0235 237 SALES *****24 238 DOCUMENT *****71 2/4 OffUIKM *****41 252 MAM UHE *****55 FA* 277WM CI HO: **********0 M TO NW USA CANADA USA CANADA' FDR VSL/VOY I IAM I SW UNE HAUI/VOT I SET! TTW I2,023 words
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Advertisement518 1998-10-30 29 HYUNDAI SPtINTH "ouT 014S 13/10 30/10 01/11 OVIT 04/i7 ida KMTCHON6KON6 MIS 2S/10 17/10 WIN a/10 01/11 OVII OS/11 04/11 KMTfKRUMC lIIS jEt IML HYUNOAISWINTB 01SS 127T1 Ml KMTC PUSAN _*]4S_ M/M WU_ OW WH H/U gJW -ML -Mj_ gjjWj} Jig. jSOI monunia ISS 01/11 03/11 ism 04/Ti oi/ii 10/518 words
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Page 30 Advertisements
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Advertisement1365 1998-10-30 30 DSR-SENATOR UNES TO UK/CONTINENT TO MEDrinJiRANEANCANADA VtSKI VOY *5T LtM HTM AWH MAM MV fU Vtlttl VOV I» OtT IPE FOS >LC MTB HAKJM SAVANNAH VWOMT* #1.11 22.11 2311 2111 tJ.II M.ll SHAHGHAJ KNATOB WKO47 JOlO 11.11 11.11 Mll 22 11 Jt.ll HAKIM BARCELONA MM 0311 21.11 2211 2311 24.111,365 words
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Advertisement1070 1998-10-30 30 AMMAC-lIELS S'PQhE M'SIA 16 Carrier: MN CONTR LINES, INC P. GUDANG: (07) *****26 I I N A I cm MO, **********01 SIBU: (064) *****9 MANILA: (632) *****24 Vl W v PENANG. (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 KUCHING1,070 words
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Advertisement663 1998-10-30 30 LINE TIL: *****56 PAXt *****12 MUARA LABUAN vessel vor !td (u vessel vor no eta spore MUARA spom UN (ARAKA JMN-37 VI6C/9S 03/11 06/11 (ARAKA JNM-32 Vltf/W 03/11 07/11 STRAJTSHOPE V3OC/98 05/11 08/11 STRAITS HOK V3OI/W 05/11 09/11 CARAKAJNB-32 VI7I/98 12/11 IS/11 CARARA *88-32 VI7I/98 12/11 15/11 STRAITS** V3U/98 15/11663 words
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Page 31 Advertisements
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Advertisement1505 1998-10-30 31 [VESSEL VOY SIN SIP PKG PEN POB PUB SHJ BA BIK IRAN BABAEI PJL 1316 02/11 30/10 12/11 13/11 IRAN MATIN PJL 1319 15/11 24/11 2®/11 IRAN HESABI PJL 1320 27/11 24/11 07/12 09/12 IRAN BAKERI PJL 1321 03/12 12/12 13/12 IRAN TAKHTI 09/12 19/12 20/12 IRAN SATARI 14/12 24/121,505 words
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Advertisement2051 1998-10-30 31 TO ISRAEL 1 IN 13 DAYS I EVERY THURSDAY I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) COSTAR SHIPPING PTE LTD #17-08 DRSILDG SALES/BUGS *****57/60 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CRNO: **********0 M TOWER TWO (*****9) CONVENTIONAL *****50/5S T/SHPMT2,051 words
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Advertisement667 1998-10-30 31 K EASTERN CAR LINER, LTD. |E ECL (SINGAPORE) PTE LTD JSESS* 1 SPIQAUZE IN RORO HEAVY UFT UPTO 450 TONS] ECL (SINGAPORE) PTE LTD LOAD NG FOR COLOMBO/CHITTAGONG I BANGKOK/LAEM CHABANG MV "ORANGE MOON" V.107 MV "ORIENT ULAC" V.16 ETA SIN 01/11/98 ETA CLB 05/11/98 ETA SIN 04/11/98 ETA BKK667 words
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Page 32 Advertisements
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Advertisement1575 1998-10-30 32 EUROPE/UK/SCANOINAVIA/FINLANO/BUSSIA SGP ROM ANW HBG THP ZEE LHV IMV THP RDM ANW HBG PKI SGP E OIAMONO RW 002 31/11 13/11 25/11 21/11 23/11 24/11 25/11 E REPUTE RE-016 08/10 09/10 13/10 10/10 11/10 OS/11 06/11 E DELUXE RW-005 08/11 27/11 02/12 20/11 30/11 01/12 02/12 E ROUND RE-034 15/101,575 words
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Advertisement1022 1998-10-30 32 f PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 IVtSStI VOT m SW HI STB Mil HH HI API m p*i SIM I KJMGA TBtAT/U 1 413 W/10 31/10 11/11 IS/11 19/11 it/11 24/11 I oociacclaim ois l/n a/ii f/n1,022 words
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Advertisement655 1998-10-30 32 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRKA VfSStt VOY MM ~PUJ PUB JNI CFT Kl NANTAJ DRAGON VOWS 31/10 0»/1l 13/11 lt/ll 17/11 WAHTAI PIIIIKE Y.023S 04/11 11/11 21/11 22/11 MAMTAJ VEWUS V.030S 12/11 21/11 25/11 21/11 21/11 02/12 GOLDEN DRAGOW V.OOBS 21/11 X/ 11 04/12 07/12 01/12655 words
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Page 33 Advertisements
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Advertisement500 1998-10-30 33 BSfl xl mm. MYANMA Wfißk FIVE STAR LINE W (Myonmar Notional Line) Loading for Yangon (Rangoon) VISSII VOY SIN PKI PIN PGU PINYA 157 SU> SITTWE 83W 09/11 MALAYSIA AGCNTS: BOUSTEAD SHIPPING AGENCIES KUI: TEL (03)*****00 PKL HI (03) *****01 PfN: TEI (04)*****02 PGU: TU (07)*****21/4 BANK LINE (A service500 words
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Advertisement1633 1998-10-30 33 Ihma# HYUNDA^££S£HANTJJJARINECOj^^D^^^^^^ IVESSa VOY SIN SOU LEH RTM ANT HAM BRV FB IVISSa VOY|SOU|IB<|RTM|AMT|HAM|BR'V| FBISMI MOSB S23W 30/10 21/11 20/11 15/11 17/11 NOICYPRINI 0071 07/10 14/10 10/10 13/10 31/10 NOAGAIE 009W 02/11 18/11 19/11 21/11 24/11 NOIIOUTI 009E 17/10 16/10 11/10 13/10 03/11 HY ADMIRAL 316W 05/11 23/11 28/11 25/1126/111,633 words
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Advertisement979 1998-10-30 33 s norwegon ipeaokied ootocorneo o®S®@ Wilhelmsen Lines TO NORTH AND LATIN AMERICA RORO HEAYYUFT SERVICE" VISSIL VOY RAMP HEIGHT SIN LAX CRL MIA SAV BAL ORF NYC NEW MOI TOM FB2l 400 Tom 6.3 M IN PORT 25/11 ***** 07/12 09/12 U/12 ***** *****" IS/12 19/12 TARONGA F822 400 Tom979 words
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Page 34 Advertisements
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Advertisement947 1998-10-30 34 BANGKOK/MAP TA PHUT/LAEM CHABANOI P J A K ART A/P AN JA NG VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN MATHUBHUM 387N 31/10 04/11 DEJA BHUM 771S 31/10 04/11 YANTRABHUM" 264N 01/11 04/11 05/11 ANRO JAYAKARTA' 059 31/10 03/11 ACXJADE 32N 01/11 04/11 05/11 ACX RUBY#947 words
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Advertisement597 1998-10-30 34 INDONESIA NATIONAL LINE TO EUROPE ~1 EXPRESS SEMI-CONTAINERiSED SERVICE ~VSI VOY A DAM/R OAM H BURG BREMEN ANTWERP A VESSEL ?0/1? KM OMIT 05/01 TO AUSTRALIA I FULL CONTAINER SERVICE VS. VOT f UK W STC a WA Aft w AUSTOALUA ENTERPRISE 1«S 2*lo Jl/10 11/11 '111 IMI 22,11 API597 words
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Advertisement1031 1998-10-30 34 VESSELS VOY I SM I PM. MLA GOA LEH RTV HAM ZEE SOT VK-LE DC AKTABES L2BW 03/11 16/11 22/11 24/11 2VII 27/11 M/ 11 VILLEDE VIRGO S2BW 12/11 2S/11 01/12 03/12 04/12 06/12 07/12 VKUE DE VELA N2BW 18/11 18/11 3CVII "og/12 07/12 06/12 06/12 11/12 12/12 TBN TBN1,031 words
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Page 35 Advertisements
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Advertisement47 1998-10-30 35 STEM~fcDial 740-6000 Ofl Q€TTl3nd mm (Retrieve more schedules!) Press "1" Select the port and key in STHKS the four digit code eg: To New York (NYC) 2275 Key in your fax number Enter your phone number Another innovative service offered by The document will be Shipping Times47 words
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Page 37 Advertisements
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Advertisement153 1998-10-30 37 N FREE Reader Enquiry Service cut out and Fax to 65-*****29 n 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: ADVERTISERiPRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product153 words
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Page 38 Advertisements
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Advertisement1126 1998-10-30 38 SAM U PER A SHIPPING LINE LTD I ■"Hi"" 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********0 D BOOKINGS CALL■ PIjECT L1 jj^ *****4 1 /f 3 JESSICA/CELIA/MEI CHAN 7 SLGS/WEEK 2 SLG/WEEK |VESSEL VOY SIN JAK VESSEL1,126 words
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Advertisement687 1998-10-30 38 •vSfeSr CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI ACCEPTING BOTH SOC AND COC CONTAINER VISSEL VOTAGI (U SINGAPORE HA COiOMO ITA KARACHI SUAUjjjg 002HW OS/11/W 10/H/W IS/1) m SWAT 002HW 12/11/W 17/11/W 22/11/»0 SHAUMAI 003HW 20/11/10 01/12/00 00/12/00 swat 003HW 03/12/00 00/t?/n 13/12/w SHAMMAUI 004HW 17/12/W 22/12/00 27/12/00687 words
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Advertisement444 1998-10-30 38 SIN FAR EAST 02/11 KEELUNG/KAOHSIUNG 02/11 BANGKOK 02/11 MANILA/CEBU 01/11 JAKARTA/BELAWAN/SURABAYA 01/11 PORT KELANG/PENANG/E. MALAYSIA 03/11 BUSAN 01/11 TOKYO/YOKO/KOBE/NGO/OSA 01/11 HONGKONG SIN CHINA 01/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU OALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU m EUROPE/UK 02/11 LDNjTLX^VP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 01/11 LOS ANGELES/NEW YORK all IPI points 03/11444 words
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Advertisement576 1998-10-30 38 Singapore Soviet Shipping (PL a No 10OSO40OOOOM Multiline Shipping PL J (*WK Ownd Sobufcory] Ot He **********0 C VESSEL VOY SIN BOM PNG PKL KOTA RATU RTUO2S 07/11 14/11 26/11 BUXMOON 120N 15/11 23/11 05/12 KOTA RUKUN RKNOI9 21/11 29/12 11/12 [VESSEL VOY SIN CALCUTTA SIN M REGINA RGAO7I 102-03/11576 words
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Advertisement952 1998-10-30 39 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO 1 PRO SIN I J«T SUB PPG lIW CMB 1 IQM HAI NTL I ORF I SAV I NEW I TAM I HW HOEGH MINERVA /0848 01/11 08/11 12/1) 14/11 19/11 24/11 30/11 03/1? 29/12 01/01 02/01 05/01 09/01 13/01 17/01 HOIGHMB952 words
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Advertisement1785 1998-10-30 39 vessei/voyage I spom I sou rtw I ham I l« 1 Ivosa/vorACf 1 sou rtm ham lb< store I ko« I nacota SMEZU TOKYO NYK WDKOMED* 06WA43 V> 10 Ull 1111 17.11 Jill <•«*»,.< mcua MIA MIA A? IA 11 1A 11 ia Mil mil acii Mil rONI ROTTERDAM 03WA441,785 words
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Page 40 Advertisements
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Advertisement940 1998-10-30 40 I VESSEL VOY SIN MAA SIN I TIGER ISLAND 655N 30-31/10 04-10/11 14.15/11 I TIGER BRIDGE 657N 02-03/11 08-12/11 17-18/11 I TIGER BAY 658N 06-07/11 11-17/11 21-22/11 I TIGER PEARL 659N 10-11/11 15-21/11 25-26/11 I TIGER ISLAND 660N 14-15/11 19-25/11 29-30/11 I TIGER BRIDGE 661N 17-18/11 23-27/11 02-03/12 I IVESSE^^^^VO^^SIJ^^CA^^SIJ^I940 words
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Advertisement840 1998-10-30 40 FREIGHT LINKS EXPRESS I Tel: *****66 (60 Lines) Fax: *****33 E-mail: fiesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO PIRAEUS (Ml), ALEXANDRIA (ALT), BUENOS AIRES (RUE), IAIM CHABANO (LCB), MANZANILLO.MEXICO (ZLO), ISTANBUL (IST) VESSEL FTO SIN ETA PIR ETA IST ETA ICS ETA ZLO HA ALT HA SUE PASTY NVBSI9 02/11 20/11 23/11840 words
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Advertisement1319 1998-10-30 40 OOCL**?slnqopofe Pte LtJ^CF^Keppei^istrpi^ 79 Amm Rood #21-04 (S) *****6 t& 513 *01-128 r._ i t_i CI NO **********0H W: 272 7827 ror oootmf T«J: *****13 Fax 221 3942 F.i: 272 7525 mmtw -VRVNIiZ^ Orient Overseas Container line (llßjj (Malaysia) Sdn Bhd IReg No: *****2-Ut fo tf "3"' PEIAUNG JAVA M:1,319 words
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Page 41 Miscellaneous
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Miscellaneous130 1998-10-30 41 —prra (Qf* *yj *vZiUM LEGEND R Thunderstorm Temperature °q y Shower Weather Wind direction with speed m knots Rom v^/ Cloudy Sky Wov he, 9 h S"rfo<e ore indicated by arrows which fly with the wind 0 One fun circle represents calm or bght ond variable winds One half fleche130 words
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Page 42 Advertisements
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Advertisement129 1998-10-30 42 AIR MADAGASCAR proudly announces their inaugural NON STOP flight to Singapore today, October 30,1998 A new destination to be discovered You are invited to explore and experience Madagascar with AIR MADAGASCAR Weekly flight schedule ANTANANARIVO SINGAPORE MD 210 Thursday Departure 1645 Hr Arrival 0610 Hr (Friday) SINGAPORE ANTANANARIVO MD 211129 words
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Advertisement102 1998-10-30 42 ►H Sw,M Group i Oa to 1998. we're ctkbratiog the opening of our Super Hob at Hong Kong t new international atrpon, with a "wmotng teat" on all our flighti landing in Hong Koag. Tktt roeam there art over \OOO ticket* to be wo«. And by flying anywhere with Cathay102 words
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