The Business Times, 10 November 1998

Total Pages: 40
1 40 The Business Times
  • 13 1 MITA (P) 110/12/97 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg/ TUESDAY, NOVEMBER 10, 1998
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  • 68 1 sn UK2B (-64.48) BT-SU 54L80 (-37.29) SDKSCI FUTURES 178*50 (-8.18) E] MABKETMOODc mm Mixed STOCK MAEKET INDICES Monday Change KLSE COMP 466.69 12.4 NIKKEI 14.194.54 +7167 HANOSENO *****3 -287-82 SET INDEX 363.86 -1175 JAKARTA OOMP +10.41 MANILA COMP 1,712-51 -84.86 TAIPEI WP! *****0 21.32 SEOUL COMP 424.45 +7.39
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  • 75 1 POIEX SATES USI s$ US$ 1.644 £(US$/S$ per 1669 1726 DM 1.674 5.982 YEN 119.4 IJ76* RM 3.800 0.433 HK$ 7.743 0112 BAHT 36.81 0.045 WJPIAH 8,460 0.019' •Stto lOOuntu PUKE KITES SINGAPORE* 7.19 KUALA LUMPUR 11.50 JAKARTA 28.00 BANGKOK 14.75 MANILA .22.90 HONGKONG 10.25 TAIPEI AM SYDNEY .8.45
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  • 909 1  -  New securities watchdog allowed to take civil action on behalf of investors By Catherine Ong [SINGAPORE] Under radical changes to develop Singapore's securities industry, the proposed new "super regulator" will have the power to take civil action on behalf of investors. This
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  • 428 1  -  CSC proposing to improve credit to businesses, it says By. Anna Teo [SINGAPORE] The government cannot manage the exchange rate and control interest rates at the same time, the Ministry of Trade Industry has said in response to calls for
    428 words
  • 474 1  -  Ad highlights the extent of tax-free benefits By Siow Li Sen [SINGAPORE] If you pay income tax, read on. Did you know that POSBank offers as much as 50 per cent more interest for amounts in excess of $50,000 than fixed deposits (FD) with
    474 words
  • 608 1  -  More nnits moved last month than in July to Sept quarter David Boey [SINGAPOREJ The end of the Hungry Ghosts month and the steep price cuts by real estate developers have ushered buyers back to the
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  • 229 1 [SINGAPORE] Regional equities closed mainly weaker yesterday, led by the local market which came under severe profit-taking pressure after a soft session for the Singapore dollar and Japanese yen. The Straits Times Index fell for the third consecutive day, this time
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  • Page 1 Advertisements
    • 139 1 nreroE HK gwt's denial The HK government yesterday denied that it was reconsidering a proposal which empowers the chief executive to give directions to the stock and futures exchanges, Pf7 Dcltw zero Japan's super-low interest rates have fallen below zero on certain types of borrowing, Pf 6 Bye bye, blue
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    • 19 1 Standards of disclosure to be backed by law, Pgl% MTI letter: Interest rates set by market forces, Pg 2
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    • 99 1 9 It* More draconian, less forgiving Market discipline today is dearly far more draconian and less forgiving than I 20 or 30 years ago. A k 1 Fed chairman Alan Greenspan at the Securities Industry Asaodaien in Flortdi Worldwide access with OUB Global Auto Cash Card Convenience of savings, chequeing
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    • 4 1 Market reports, Pg 22-26
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  • SINGAPORE AT HOME & ABROAD
    • 427 2  -  Mobile phone penetration breaks 30% bat growth slows down significantly to 1-8% By' Teh Hooi Ling SINGAPORE'S paging market shrank by 16,100 in the third quarter, while the mobile phone market grew at a slower rate of an average 1.8 per cent
      Source: TAS  -  427 words
    • 301 2 Bloomberg HEWLETT-Packard Co, the US electronics manufacturer and Singapore's sixth-biggest employer, said it has asked all its 9,000 workers to take four days of mandatory leave next month to slash costs. Workers in Singapore will be asked
      Bloomberg  -  301 words
    • 315 2  -  EYE ON THE ECONOMY Electronics By, Jenniher Lien REVERSING August's revised 18.4 per cent slide, US manufacturers ordered 5.2 per cent more electronic components in September in year-on-year terms, latest figures from the US Department of Commerce show. The latest seasonally-adjusted figure caps a
      315 words
    • 413 2  -  Most say impact of economic crisis on IT spending has been below 10% By\ Conrad Raj MOST banks in Singapore and in Hongkong plan to increase their spending on IT (information technology) over the next three years, despite the current atmosphere of
      413 words
    • 550 2  -  LETTERS TO THE EDITOR Sim Soo Kheng Senior assistant director j (Public affairs) i Ministry of Trade Industry j I REFER to Patrick Chia's letter, "Panel should look at interest costs too" (BT, Nov 3). In his letter, Mr Chia asked the Committee
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    • 321 2  - Too simplistic to say strong S'pore must have strong Tan Chin Hwee, CFA Singapore THE recent spate of reports of a possible CPF cut by the government is at best a good starting point in restoring the competitive standing of the nation. As the Chinese proverb goes, "When the bird's
      321 words
    • 57 2  -  Sharon Lee Singapore JAIME Ee's article "Time to tighten the leash on shooting of stray dogs", (Executive Lifestyle, Nov 7) on the PPD tragedy is a piece well-writ-ten. It is both reassuring and inspirational to Find a writer who is not afraid to speak out against
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    • 492 4  -  Group practices aimed at cutting operating costs, allowing economies of scale By\ Diana Oon SMALL and medium-sized law firms will soon be able to band together to enjoy economies of scale and specialisation under a proposal for group legal practices made by the
      492 words
    • 476 4  -  TP's planned use of Indon gas among factors that attract US energy trader By\ Ronnie Lim THE gas factor or Tuas Power's planned use of Indonesian gas to fuel its power station, plus the possibility of it being used as
      476 words
    • 488 4  -  Ity Teh Hooi Ling ASSESSING and managing human capital is a weak link in the Asian mergers and acquisitions (M&A) deal value chain, consulting firm Watson Wyatt Worldwide (WWW) found in a survey. "The survey confirms one thing we already know, that
      488 words
    • 82 4 SINGAPORE customs officials yesterday seized 125 kg of turtle eggs being shipped in from Indonesia hidden among boxes of electronic components. "The turtle eggs were packed in three boxes and weighed about 125 kg," a customs spokesman said. He said it was not immediately
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  • Page 2 Advertisements
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    • 19 2 I'm an electrician. The Straits Times Classified brightens m y usiness B Iffima* 1800-737-1166 Call Today For Results Tomorrow
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    • 43 2 Singapore China Hong Kong BVI Bahamas Mauritius Seychelles Q Singapore Offshore Shelf Companies International Tax Advice 750 companies (eg. BVI, Bahamas, Q Corporate Services A Mauritius, Cayman etc.) Formation of Singapore Consultancy on offshore Companies structures Full secretarial, nominees ft admin, support i
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  • Page 3 Advertisements
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  • Page 4 Advertisements
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  • FOCUS: PROPERTY
    • 629 5  -  THE PROPERTY COLUMN By wielding the differential premium, It can influence property prices By Lee Han Shih BY a strange twist, a relatively low-profile government department has been given immense power to influence property prices. The department is the Land Office, part of
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    • 609 5  -  Bad times but main income of new 94-storey hotel's from garment shops hVom Harish Mehta in Bangkok THE Baiyoke Sky Hotel, the tallest hotel in Thailand and possibly the world, has opened at the worst of times. But its canny owner, Panlert
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  • Page 5 Advertisements
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    • 285 5 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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    • 329 5 Property auctions coming up THURSDAY, NOV 19 <240pm) Grand Plaza Parkroyal, Ballroom 2 21 Lomie Walk: 2-sty serm-D, 3.226 sq ftyFH** 24 Sommervtlte Wak: 3-sty detached, 13,322 sq ftFH** ■29 Jalan Baidun: 2-sty ntermecfcate terrace, 2,211 sq M=H** 15 Jalan Limau Purut 2-sty semt-D, 3,466 sq ftFH** 4 Jalan Anak
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  • ASIA'S ECONOMIC SLUMP
    • 415 6 Investors who want to avoid bank risk effectively paying govt a fee to hold money safely LAT-WP [TOKYO] In the wackiest manifestation to date of Japan's economic woes, the country's super-low interest rates have fallen below zero on certain types of borrowing. The
      LAT-WP  -  415 words
    • 392 6  -  Spillover from Friday's NT trading, Bow's climb cited By\ Larry Wee [SINGAPORE] Dragged down by greenback strength against the Japanese yen and German Deutschemark, the Singapore dollar ended Asian trading yesterday at 1.6465, its weakest in a month. Traders told BT the greenback's resurgence
      Source: Bridge  -  392 words
    • 446 6  -  From, Ruth Wong in Kuala Lumpur THE Malaysian government says it will push ahead with the 8 per cent loans growth target for this year despite indications that it has a long way to go. The latest loans growth
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    • 137 6 Reuters [KUALA LUMPUR] Malaysia's compulsory savings retirement fund, the Employees' Provident Fund (EPF), has been identified as the main internal source to finance the 1999 budget deficit, Prime Minister Mahathir Mohamad said. Two-thirds of the budget deficit would be
      Reuters  -  137 words
    • 347 6 Fraudulent or miamanagfrd firms will be told to close Reuters [KUALA LUMPUR] The chief of Malaysia's new debt panel said yesterday it had received 28 applications to restructure 8.5 billion Malaysian ringgit (553.7 billion) in loans and aims to work towards closing
      Reuters  -  347 words
    • 263 7 Reuters [BEIJING] China's value-add-ed industrial growth in October hit its highest level since February, buoyed by increased investment in infrastructure, the State Statistical Bureau said yesterday. Value-added output, which excludes the costs of raw materials, rose a year-on-year 10.6 per cent in October
      Reuters  -  263 words
    • 592 7  -  Growing pressure for govt to soften tough parkagA against speculation hYom Quak Hiang Whai in Hongkong THE Hongkong government yesterday denied it was reconsidering a proposal which empowers the chief executive to give directions to the stock and
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    • 114 7 [HONGKONG] A woman yesterday walking with her baby past a real-estate agency in Hongkong. Already hard hit by the deepest recession in two decades, Hongkong workers are bracing themselves forfurther economic difficulties ahead. A new survey released yesterday showed a sharp increase in the number
      AFP  -  114 words
    • 529 7  -  Police dossiers to be submitted to court, prosecutors From Shoeb Kagda in Jakarta OWNERS and executives of 13 of the 16 banks closed by the government in November last year after they were deemed to be insolvent, could soon face
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    • 272 9 Reuters [NEW YORK) Sacked Malaysian Deputy Prime Minister Anwar Ibrahim predicted in a Time magazine interview released on Sunday that Prime Minister Mahathir Mahathir, who was aware of mounting public discontent against his rule, could declare an emergency after the Apec meeting. Time
      Reuters; REUTERS  -  272 words
    • 362 9 ■JAKARTA Habibie orders cabinet to follow up on rape report Reuters ANTI-government demonstrators held several protests in Jakarta yesterday, the eve of a special session of the country's top legislative body which has stoked considerable tension. Two students were injured when
      Reuters  -  362 words
    • 668 9  -  ANWAR'S TRIAL DrM had publicly said charges against Anwar were baseless: police chief From Eddie Toh in Kuala Lumpur THE Malaysian Special Branch stopped its probe into allegations of sexual misconduct against Anwar Ibrahim last August following Prime Minister Mahathir Mohamad's public statement that the
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  • Page 7 Advertisements
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    • 76 7 Make a fortune with I Standard Chartered in the weekend Business Times. V i I 4>|t« a Wm unit trusts worth 570.000 in The Game, the brand new investment competition ■ll II I I ILJ from Standard Chartered. Singapore's largest independent distributoi of urn UUII V trusts For an entry
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  • Page 8 Advertisements
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  • CHINA-HONGKONG-TAIWAN
    • 411 10  -  Liquidators working with creditors on a 54 HE cents for every dollar payont From Quale Hiang Whai in Hongkong CREDITORS of a Hongkong subsidiary of the failed Guangdong International Trust and Investment Corporation (Gitic) may recover only about half of their
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    • 503 10  -  SINGAPORE State telecoms firm may get also listing nod if it limits foreign joint ventures: reports By\ Lu Ning CHINA Unicom, the chronically underfunded second state telecoms carrier, will receive a one billion yuan (*****.4 million) funding boost and may get
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    • 325 10 SHANGHAI EconomiftU urge < cantion given weak demand, crisis Reuters A GROUP of prominent Chinese academics has recommended that China sets its economic growth target at 8 per cent for 1999, the China Securities newspaper said yesterday. In an
      Reuters  -  325 words
    • 281 10 BEIJING Reuters CHINA'S arrest of three people for their alleged roles in a multi-million dollar futures scam has raised more doubt than hope for victims, investors said yesterday. Beijing police have arrested Ni Wen-liang, 41, a resident of Taiwan who holds
      Reuters  -  281 words
  • Page 10 Advertisements
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  • ASIA
    • 433 11  -  Central bank says investors need not fear any looming credit cnmch From. Russell Baker in Sydney THE Australian economy is handling the global crisis "exceptionally well" and there is no reason for investors to fear that a credit crunch might be looming,
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    • 183 11 TOKYO AFX-Asia, Reuters [TOKYO] Japan's ruling Liberal Democratic Party chief and cabinet secretary Hiromu Nonaka has hinted the LDP will align with the opposition Liberal Party in an effort to bring the country out of its political and economic stalemate. Mr Nonaka said: "It
      AFX-Asia,; Reuters  -  183 words
    • 245 11 SEOUL LG and Bynndai ■nits ordered to merge by year-end AFP THE South Korean government warned yesterday that the semiconductor arms of the giant LG and Hyundai groups would face a credit freeze if they failed to combine their operations. "If they fail
      AFP  -  245 words
  • Page 11 Advertisements
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  • FOCUS
    • 3169 12 The following are extracts of last week's speech by Federal Reserve chairman Alan Greenspan at the Securities Industry Association in Florida THIS afternoon I intend to address a subject that 10 years ago would have been sleepinducing. Today it is a cage rattler:
      FILE PHOTO  -  3,169 words
  • Page 12 Advertisements
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  • THE WORLD
    • 506 13 NEW YORK This despite Greenspan saying market sentiment has improved Bloomberg OPTIMISM for an imminent interest rate cut is waning after Federal Reserve chairman Alan Greenspan suggested on Thursday that the paralysis that gripped financial markets since August has begun to relax.
      Bloomberg  -  506 words
    • 411 13 BASEL Markets have stabilised, he says, but urges caution Bloomberg GLOBAL economic growth will slow in 1999 from 1998, amid recessions in parts of Asia and Russia, although the fear of a global credit crunch has abated, Bundesbank president Hans Tietmeyer
      Bloomberg  -  411 words
    • 740 13  -  LETTER FROM WASHINGTON There seems a major gap between Washington elite and American people Leon Hadar IT'S now about a week after the 1998 mid-term elections, that electoral exercise that most pundits in Washington had predicted would enhance the strength of the Republicans on Capitol Hill,
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    • 64 13 [HAMBURG] Olaf Niess, son of Hamburg's so-called "swan father" Harald Niess, transporting swans in two boats after he and council workers rounded up the swans from Hamburg's inner city lake Alster yesterday. Every year the swans are collected from waterways around Hamburg and taken to
      REUTERS  -  64 words
    • 244 13 BONN AFP GERMANY'S new centre-left coalition government was meeting in crisis session here yesterday on internal divisions over controversial tax reforms at the heart of policy, coalition partners said. The tax reform programme, to be presented in parliament today, has already raised
      AFP  -  244 words
    • 204 13 m MELBOURNE Bloomberg THE International Monetary Fund will probably release its rescue package for Brazil this week, Stanley Fischer, first deputy managing director with the IMF, said yesterday. The IMF is expected to provide about US$l5 billion (5524.6 billion), while the World
      Bloomberg  -  204 words
  • Page 13 Advertisements
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    • 10 13 11m Bottomlinec Real wrestler shows up the politicians, Pg 14
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  • EDITORIAL & OPINION
    • 705 14  -  THB BOTTOMLDfE OPINION By Maureen Dowd The writer is a New York Times columnist NYT THERE'S a new spirit wafting through the land Hey, baby, we're talking about love power. The voters have chosen the lovers over the haters. The meanies with the jangly
      NYT  -  705 words
    • 162 14 'Whoever is running for Speaker ought to start jogging, lifting weights, taking multi-vitamins and praying because it will be a long haul.' 6 -Mark Foley US Congressman, a Republican, a day after Speaker Newt Gingrich's abrupt resignation. 'If a better Viagra can be built, then we intend
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    • 567 14 EDITORIAL LAST week's news that the Stock Exchange of Singapore (SES) and Singapore International Monetary Exchange (Simex) are to demutualise their ownership structures before eventually merging must rank as the country's most important financial policy change in many decades. For sure, the proposed changes have
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    • 977 14  -  Chief Cabinet Secretary Hiromn Nonaka, hitherto little known, is the real power in Tokyo By] Michiyo Nakamoto IN THE absence of strong leadership from Keizo Obuchi, the prime minister, the Japanese government has often seemed like an aircraft on automatic pilot heading inexorably towards a collision. But
      FILE PHOTO  -  977 words
    • 1171 14 Miip u«Mti for m SINGAPORE will announce a package of pay cuts on Wednesday to beat off an impending recession. The cuts are expected to amount to about 12 per cent of a worker's wage. The gut reaction will be for Hongkong employers to argue for
      1,171 words

  • Page 15 Advertisements
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  • Page 15 Miscellaneous
    • 819 15 TVVRADIO M A- 00 News 5 Today followed 4.48 Beautiful People. 1 ill litf tfTTiTTBa— xm, by Wheel of Fortune. (US Touring Holland. 130 PM TV Innovations. &30 Tne Pyramid Game. 5.30 Majin Hero Wataru. 4.00 Sesame Street. 7.00 News 5At Seven. 6.00 See Wednesday's IjM Popular Mechanics For 7.30
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    • 190 15 CRYPTIC CROSSWORD Duwrl 11 Discussion with a specialist YEBTiBEDATS SOLUTION 1 Badly garbled direction to about coolant units (12) raise capital (8) 15 It moves the helicopter, up or r i aS l A 1 2 Swell position for a batsman down (5) (8) 16 It has wings and flies
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  • EXECUTIVE LIFESTYLE
    • 783 16  -  What is the tie that binds monkeys, strippers and the Dow Jones Industrial Average? John txehmet talks to scientists JOHN TIERNEY NYT IN LATE July, Mayor Rudolph Giuliani began shutting down strip clubs, and over the next month, the Dow Jones Industrial Average plunged
      NYT; FILE PHOTO  -  783 words
    • 452 16  -  Inquiries rising, say brokers; index creeps np, but it's still buyer's market By Ven Sreenivasan [SINGAPORE] If you have been been thinking about a club membership, this may be the time to start scouting around. The latest figures show that the advertised
      Compiled by BT  -  452 words
  • Page 16 Advertisements
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  • COMPANIES & MARKETS
    • 608 17  -  CORPORATE FINANCE COMMITTEE REPORT Panel also suggests shortening period to present annual reports by one month By< Catherine Ong [SINGAPORE] Listed companies will be expected to disclose all information that investors would reasonably require and expect to find in order to make
      608 words
    • 523 17  -  By\ Siow Li Sen [SINGAPOREJ Good corporate governance practices in Singapore can be boosted by expanding the law on directors' duties and obligations to include interested party transactions, said the corporate finance committee. The committee also recommended liberalising many of the listing requirements,
      523 words
    • 602 17  -  HOCK LOCK SIEW R Sivanithy AFTER more than a year of absence, covered warrants are finally finding their way back into the local stock market. Thankfully, it looks like this time, the instrument stands a much better chance of surviving than
      602 words
    • 466 17  -  By« Conrad Raj [SINGAPORE] Singapore Airlines, which saw a 24 per cent drop in interim group net earnings for the six months to September 1998, will only retrench staff as a last resort and only after it has tried everything
      466 words
    • REGIONAL COMPANIES
      • 337 18 W&da, 2 officials suspected of paying extra dividends to pretend company was making profits AFP [TOKYO] Japanese police yesterday arrested a former president and two officials of Yaohan Japan Corp who are suspected of cooking the books of the failed supermarket operator. Arrested
        AFP  -  337 words
      • 258 18  -  Frtjrn Al Labita in Manila THE Philippine peso's depreciation has pushed profit of the country's dominant telecoms player up by 35.4 per cent to 7.1 billion pesos (*****.5 million) for the first nine months. In a report to the Philippine Stock Exchange, the Manila
        258 words
      • 149 18 [SINGAPORE! Nat Steel has appointed two new deputy presidents one to take charge of steel operations in Singapore, and the other to focus on regional steel operations and investments. The men, Chong Wai Siak and Oo Soon Hee, will assume their executive positions on Dec
        149 words
      • 438 18  -  CEO clarifies AWSJ report that talks had hit snag over pricing From Ruth Wong in Kuala Lumpur STATE-OWNED Petroliam Nasional (Petronas) is still keen to buy Hicom Holdings' 27 per cent controlling stake in national carmaker Perusahaan Otomobil Nasional Bhd (Proton), despite a
        438 words
      • 343 18 AFX-Asia (SYDNEY] The regional economic crisis and downturn in the commodity cycle could get worse before things improve, Broken Hill Proprietai y Co Ltd's incoming chief executive Paul Anderson said. Mr Anderson, the current chief operating officer of USbased
        AFX-Asia; AFP  -  343 words
      • 419 18  -  This will help it raise NTA to sustain $45m note issue By] Edmund Loh [SINGAPORE] Uraco Holdings has roped in Citicorp, on top of its substantial shareholder, to help it get out of a jam over its loan covenants. The contract manufacturer yesterday
        419 words
      • 434 18  -  Outcome at today's AGM could end bid by Disney's Shamrock to take control Louis Beckerling [SINGAPORE] Shareholders in Brierley Investments Ltd (BIL) including the Singapore government and several listed Singapore and Malaysian companies may be persuaded to rally behind new chairman-elect Selwyn Cushing
        434 words
      • 242 18 [SINGAPORE] For the first time in the company's history, Creative Technology is proposing to pay a dividend to its shareholders. The company has proposed an ordinary dividend of 25 US cents (41.1 Singapore cents) per share and a special dividend of 25 US
        242 words
      • COMPANY Briefs
        • 76 18 [SINGAPORE] Liang Huat Aluminium has agreed to place out 43.6 million new shares at 15 cents a piece to Kim Eng Securities. The issue price represents a discount of about 6.25 per cent to the last-done market price of 16 cents on the
          76 words
        • 40 18 [SINGAPORE] Kay Hian Holdings substantial shareholder Wee Ee Chao has sold 500,000 shares at 76.6 cents a piece. The sale last Friday pared his stake to 28.4 per cent of Kay Hian's issued share capital.
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        • 46 18 [SINGAPORE] The Singapore Depository Shares (SDS) of Daimler-Benz Aktiengesellschaft will be delisted from Nov 23. The delisting is due to the merger of Daimler-Benz and Chrysler Corporation, in which the merged entity. DaimlerChrysler, intends to acquire all existing Daimler-Benz shares.
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    • REGIONAL/INTERNATIONAL COMPANIES
      • 506 19 Economic slowdown forced business class flyers to downgrade, says airline Bloomberg [LONDON] British Airways pic, Europe's largest airline, said second-quarter profit rose a lower-than-expected 41 per cent as an economic slowdown pushed business class travellers to switch to cheaper
        Bloomberg  -  506 words
      • 362 19 Promet loses control of S'pore firm after banks sell shares pledged as collateral Bloomberg [SINGAPORE] Ipco International Ltd, a Singapore-based engineering company, has been forced to restructure its operations after its biggest shareholder, debt-laden Promet Bhd of Malaysia, lost control of the company.
        Bloomberg  -  362 words
      • 660 19 Reuters [NEW YORK] Wall Street investors are chomping at the bit for next week's initial public offering of Fox Entertainment Group Inc, whose properties include the hit TV show Ally Mcßeal, rights to Seinfeld reruns, the smash film Titanic
        Reuters; FILE PHOTO  -  660 words
      • 737 19 R J Reynolds, FTC set to battle over the cartoon character Bloomberg [WASHINGTON] RJ Reynolds Tobacco Co's defence of its Joe Camel cartoon character before the US Federal Trade Commission has all the makings of a high-drama corporate trial. Secret company
        Bloomberg  -  737 words
      • 462 19 IHT [MlLAN] Roberto Colaninno, the low-key Italian businessman credited with turning around the fortunes of the telecommunications group Olivetti SpA, is now gambling with his own money on the company's success. Mr Colaninno, Olivetti's chief executive, shocked markets and financial circles when he
        IHT  -  462 words
      • 461 19 Barnes Noble to purchase book distributor Ingram Bloomberg [NEW YORK] Barnes Noble Inc, the largest US bookseller, said it will buy book distributor Ingram Book Group for US$6OO million (Ss9B4 million) in cash and stock in its latest challenge to online rival Amazon.com Inc. Barnes Noble said it will pay
        Bloomberg  -  461 words
    • FINANCE & COMMODITIES
      • 471 20 Deal, if successful, could spark off round of sales of small Hongkong banks AFX-Asia, Bloomberg [HONGKONG] Guoco Group Ltd and Dao Heng Bank Group Ltd said that discussions with an investment bank to acquire a stake in Kwong On Bank are
        AFX-Asia,; Bloomberg  -  471 words
      • 218 20 Bloomberg [BOSTON! Fleet Financial Group Inc agreed to buy Merrill Lynch Co's specialist firm, restoring it to the No 2 spot among New York Stock Exchange specialists. Fleet's Quick Reilly Group Inc unit will pay between US$lOO million (*****.8 million) and US$2OO million for
        Bloomberg  -  218 words
      • 329 20 Bloomberg [BRISBANE] Australia New Zealand Banking Group Ltd, recovering from As2oo million (*****5.4 million) in losses on emerging markets debt, could have been even worse off if traders had been allowed to go unchecked, said chief executive John McFarlane. It was in
        Bloomberg  -  329 words
      • 330 20 AT T Capital doubles note sale to US$1b Bloomberg [NEW YORK] AT&T Capital Corp, a part of Newcourt Credit Group Inc, the No 2 non-bank lender in North America, doubled its twoyear note sale to US$l billion (Ssl.6 billion) in its second debt sale last week. The equipment leasing and
        Bloomberg  -  330 words
      • 168 20  -  ;>i mii»\Report MSCI Singapore Index Bob Butcher, Jardine Fleming THE November contract of MSCI Singapore Index Futures made its high at 188.00 moments after the opening and eroded throughout the session. The steady slippage turned into a landslide in the last two hours of
        168 words
      • 174 20  -  MSCI Taiwan tatures Cecilia Loh, Refco Singapore THE Simex MSCI Taiwan Index futures plummeted 2.50 points with the Taiwan Stock Exchange Weighted Price Index posting a loss of 21.32 points. Bank stocks paced the decline on concerns that the four banks which bailed
        174 words
      • 252 20 ENERGY REPORT Reuters AFP (LONDON] Oil prices inched higher yesterday despite warnings that the economic slowdown is stunting world petroleum demand even more than previously thought. International marker Brent was five cents up at U5512.40 a barrel by 1155 GMT, a third down on last year's
        Reuters; AFP  -  252 words
      • 267 20 AFP AFX-Asia London THE US dollar was sharply higher against the yen in afternoon trade yesterday, having pushed above the psychologically important 120 yen barrier, dealers said. They said the dollar had been teasing 120 yen through out the session before making a decisive break above that level
        AFP; AFX-Asia  -  267 words
      • Article, Illustration
        1264 20 INTERBANK CROSS RATES v,,-u AS C$ towfc ECU Fir Pw HK$ Indtstapiah Yen l— m m$Nfcis Nw 1$ faai Sir WT$ MK Pwd Wt Australia 0.972 6.171 0.539 1874 1.061 4.907 26.792 ***** 0.757 8J33 2.408 1177 J6289 ***** 1042 3301 0J74 20.692 23.332 0JS2 0.634 Canada 1.029 5.413 0.555
        1,264 words
    • 1850 21 8ICOM FUTURES .w/y RUBBER (futures ctoiKtg is at $.30<mi) RSS t CONTRACT! S cents/kg) Clost Volume Open Month High Low Sttt (touts) Interest Dec 98 115.00 450 Jan 99 H7.00 1150 Feb 99 119.00 875 Mw 99 120.75 1175 Apr/Jun 99 125.25 3150 Jul/Sep 99 129.25 150 Oct/Dcc
      1,850 words
    • 2471 21 LONDON Industrials Ho*« fMCI 31 Croup 520.000 -5.000 A8 Ports 288.000 3.000 ABOey National 1125.000 30.000 Allied Oomecq 517.000 -7.200 Allied Zurich 703.400 -19.000 Amec 161.400 -2.600 Asda Croup 165.000 1.600 BAT Ind 481.000 10.000 8C PIC 406.400 3.400 8ICC 57.000 2 000 80C Croup 850 000
      2,471 words
    • 1615 21 Bloomberg nMikkd2» +7157 JAPANESE stocks were mixed as Bridgestone Corp and other exporters gained on the back of Wall Street's rise. That offset losses by banks on concern that Japan's recovery will be delayed by political infighting. The government is scheduled to release its next set of measures aimed
      Bloomberg  -  1,615 words
    • Article, Illustration
      1500 22 AFP Reuters D Hang Seng -287.82 HONGKONG stocks plunged 2.8 per cent yesterday to below the psychological 10,000point level on continued prof-it-taking after recent strong gains. The key Hang Seng Index ended down 287.82 points at 9,851.93 on total turnover of HK55.72 billion. Despite the steep fall, dealers said
      AFP; Reuters  -  1,500 words
    • Article, Illustration
      662 22 AFP Reuters rlShenzfaenßlndex *0.72 SHENZHEN'S hard currency B shares ended stronger yesterday as stocks with solid earnings records gained on bottom fishing by domestic investors after recent losses, analysts said. The B Share Index rose 0.72 points, or 1.13 per cent to 63.99 on turnover of HK$5.l million, shrinking
      AFP; Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  662 words
    • 351 22 AFP PjWPMex -2L32 TAIWAN share prices dipped 0.3 per cent yesterday in thin trade amid a lack of fresh leads, dealers said. The Taiwan Stock Exchange Weighted Price Index slipped 21.32 points to 6,957.40. "There were no leads to direct the bourse. Such small volume indicated that investors are
      AFP  -  351 words
    • Article, Illustration
      739 22 AFX-Asia PI Composite Index +10.41 INDONESIAN share prices closed 2.8 per cent up yesterday on the back of positive nine-month results reported by PT Telekom, despite concerns over the political situation, brokers said. The Jakarta Stock Exchange Composite Index closed up 10.41 points at 364.39. "It was a good
      AFX-Asia  -  739 words
    • Article, Illustration
      733 22 AFP O SET Intel -12.75 THAI share prices shed 3.4 per cent yesterday amid prof-it-taking led by banks and finance companies following strong gains last week, analysts said. Heavy losses were also registered in the property and communications sectors. "A lot of it is profit taking. People in the
      AFP  -  733 words
    • 323 22 AFP AFX-Asia P Manila -84J86 SHARE prices closed sharply lower yesterday on profit-tak-ing, dealers said. The Composite Index closed down 84.86 points at 1,712.51 on volume of 2.9 billion shares worth 1.7 billion pesos. James Lago of Wellex Global Equities said many investors opted to unload on the negative
      AFP; AFX-Asia  -  323 words
    • 408 22 AFP F1 Composite Index +7J39 SHARE prices closed yesterday 1.8 per cent higher led by large-capitalisation shares amid an improvement in sentiment, dealers said. Construction stocks drew interest away from financials on rotational play following the Japanese yen's renewed weakness against the US dollar, they said. A dealer at
      AFP  -  408 words
    • 596 22 AFP n AD Ordinaries -&2 SHARE prices fell yesterday, weakened by a central bank statement that brokers said indicated an expected interest rate cut had been delayed. The Australian Stock Exchange's key All Ordinaries Index closed 8.2 points lower at 2,689.1. Turnover totalled 288.16 million shares worth A 5885.86
      AFP  -  596 words
    • 257 22 AFP Wellington +&27 NEW Zealand stocks ended up 0.3 per cent yesterday, fuelled by interest in Fletcher Challenge Ltd and Brierley Investments Ltd. Businessman Selwyn Cushing has been named as BIL chairman. The NZSE-40 was up 5.27 points to 2,028.73 on turnover of NZ$B9.5 million. —AFP »o.« M$ (0001
      AFP  -  257 words
    • KUALA LUMPUR STOCK MARKET
      • 9100 23 INDUSTRIALS Cmsmmt products I9M Last Vol Day Net Cap Mmi Lew Cl1»l| late OOO High LN P/C $mii 310 170 Ajinomoto 270 7 18 272 270 14.9 109.4 148 35 Angkasa 68 1 333 70 67 100 3 290 123 Apollo Food Hlg 239 14 17 239 230 8.3 95.6
        9,100 words
      • 417 23 AFX-Asia Q Composite Index +12.4 MALAYSIAN share prices jumped 2.7 per cent yesterday on local institutional and retail buying support in the absence of fresh leads. dealers said. The Kuala Lumpur Stock Exchange's Composite Index finished at 465.69 points, up 12.4 points from Friday's
        AFX-Asia  -  417 words
    • WARRANTS & OPTIONS
      • 2619 24 BONDS. LOANS ft WAMANTS L««t Vol Day Loot Quota Avg High Stno (ompany Salt »or- COOO) High Low Buyer S»ll«r Mc< 20 5 3 3160 "Acor ******1USS OS 14 -15 165 16.5 14 13.5 14 95 4.5 3164 Acma ******4 ie.5 -1.5 448 20.5 18 18 18.5 19 3161 AIITach
        2,619 words
      • 153 24  -  WARRANT WATCH Hy R Sivanithy ONE warrant which held up pretty well in the face of yesterday's selling onslaught was Compact Metal's 2002 instrument. Since it hasn't been featured in this column for a long time, perhaps now is as good a time as
        153 words
      • 218 24 HONWOM STOCKS Or Cr W9 w °*V LMtOuot. Ot« Mv YM Ndt MCh HM» Low Stno C«n—ny Uf COOP) Hl» L— Buydr S—f Cw M tml «O0 250 5123 COL (2000) MK 400 I T~ 2.4 2.0 20.5 7744.7 5124 CdttidyPac20cHK_720 265.0 2.1 7A 6.0 *****.4 5125 Chdunq
        218 words
    • 6909 25 v* Day LaatOuote M» Uv VM MM Cm Avg L StNo Cempany COOQ) High Low Buyer Seller H C'yr H P/t $mN Price MULTI-INDUSTRY 142 49.5 m t .000 AcmaSOc 82.5 -5.5 957 89.5 80.5 82 82 5 27.5 1.0 16.7 5.8 136.5 85
      6,909 words
    • 1301 25 *S Oay Last Oust* DW DW YM Nat Cap A»g High LOW StNo Company Sal* COOOt High Law Buy* Sallar X C w P/C Sm» Prica MANUFACTURING 243 30 a 2049 'ASAutOtOc H4 »S ***** 122 110 113 114 15.0N 7.0 1.3 10.8 130 2 107 *1°®! *SJMI<k)$20c 55
      1,301 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        348 26 Stocks Votuim Keppel Land50c 18,528,000 DBS Land 15,997,000 Wing Tai 25c 13,600,000 Keppel FELSSOc 12,352,000 AS Auto 10c 10,308,000 Keppel Corp 9,466,000 Sunright 20c 8.506,000 •TanChonglnt50c 7,302,000 Hotel Prop 7,209,000 Keppel IE 50c 6,245,000 Stocks Keppel FELS50C 47.503,740 Keppel Corp 33,468,370 DBS Land 32,410,019 (JOB Foreign 32,051.875 Keppel Land50c 32,026,270
        348 words
      • 685 26  -  STOCK MARKET COMMENTARY Index also polled down by profit-taking, negative outlook on Quarterly Economic Survey By R Sivanithy [SINGAPORE] A weak day in the regional currency market and the temptation to take profit in a market that has ridden the liquidity wave for several
        685 words
      • ON THE GRAPEVINE
        • 153 26 HERE'S a new e-commerce study in the United States that might prove interesting for Singapore retailers caught in a funk by the current economic clim&te. What's described as a "nationally protectable" sample of 1,013 adults polled by phone in September reveals that more and more big ticket items
          153 words
        • 141 26 WELL-travelled readers mulling a holiday with a difference might want to consider a package of new deals recently launched by enterprising folk at the Korea National Tourism Organisation (KNTO). For just 5,000 won, which is less than Ss7, adventurous tourists can join a "new exciting tour programme
          141 words
        • 120 26 PSST .want a good auto loan deal? Citibank, one of the most aggressive car loan players in the market, has tied up with Toyota distributor Borneo Motors to offer seemingly hard-to-resist packages. Check out the deal for the 2.2-litre Camry. for which the bank is
          120 words
        • 47 26 WHILE we're on the subject, fat fingers appear to have got the better of us when we gave a tip-off for Beemer prices last Friday in this column. The price for the 523 i model should be $193,000, and not $173,000 as published. Sorry about that.
          47 words
      • Article, Illustration
        65 26  -  by Shiv Taneja SUNRIGHT Ltd closed three cents higher yesterday at 76 cents on a volume of 85 million shares, compared with its 10-day traded average of 3.1 million shares. The counter is heavily overbought, and any more upside in the near term wilt be quite limited But
        65 words
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    • 142 18 H| Come to our CFA Presentation CFA Presentation J 5g Evening and find out about both the EveninO lis H Chartered Financial Analyst (CFA) T nno j§ 3 4 Date :Tuesday 17November 1998 S g qualification and the CFA courses Time 6.30p.m.t08.00 p.m. 1 55 offered by the Financial Training
      142 words

  • Page 19 Advertisements
    • 77 19 m HI iTTTTm U8145 micro l 5! i o.smmßall WflM J; The smoothest-writing J I q J roller pen now features U a textured rubber grip J for greater cokfom control. Sothafyoucan H write longer with less fingerfaiigue. H Also available w mm o*i47im<r^v o.7mm Ball Ink colours: Stack Blue
      77 words



  • Page 22 Advertisements
    • 9 22 A I MORE NOTICES ON PAGES 23, 24 26
      9 words
    • 112 22 NOTICE IS HEREBY GIVEN that, I CHUA SAY SENG of Blk 1248, Bukit Merah View #07-398 Singapore *****4, have applied for a Public House, Ist Glass (Extended) Licence in respect of M/s Unplugged MTV (S) Pte Ltd Kangaroo Jump located at 100 Orchard Rd. #02-01/50 Meridien Shopping Gentre Singapore *****0,
      112 words
    • 109 22 NOTICE IS HEREBY GIVEN that, I CHUATAT HUI of Blk 1248, Bukit Merah View *07-398 Singapore *****4, have applied for a Public House, Ist Class (Extended) Licence in respect of M/s Unplugged MTV (S'pore) Pte Ltd located at 100 Orchard Rd. *02-51 Meridien Shopping Centre Singapore *****0, and that this
      109 words
    • 337 22 M THE MATTER Of THE COMMNES ACT, CAP. SO ANO M THE MATTER Of DATROMC SYSTEMS PTE LTD (M MEMBERS' VOLUNTARY UQUtOATKM) At an Extraoranary General Meeting of the abovementioned Company, held at 65 Chute Street #31-01, OCBC Centre Singapore *****3 on tw 6lh day of November 1996 at 11
      337 words

  • Page 23 Advertisements
    • 9 23 HOCK LOCK SIEW Takes you behind the news TheßusinessTimes
      9 words
    • 105 23 NOTICE IS HEREBY GIVEN that, I KRISHNAN S/O GOVINDASAMY of Blk 820, Jurong West St. 81, *01-228 Singapore *****0, have applied for a Public House, 2nd Class Licence in respect of M/s KVS Pepeys Pub Cafe located at 112, Faber Drive Singapore *****4, and that this application will be considered
      105 words

  • Page 24 Advertisements
    • 1186 24 BUSINESS \of ices To advertise call toll-free 1800-741 1883 I NOTICE IS HEREBY GIVEN that, I TAN KIM QUEE of Blk 148 Potong Pasir Ave 1 *01-51, Singapore *****8, have applied for a Retail Liquor Shop Licence in respect of M/s Wang Wang Trading located at Blk 148 Potong Pasir
      1,186 words
    • 388 24 NOTICE IS HEREBY GIVEN that, I S. RAMASAMY of Blk 18 Ghim Moh Road *03-129 Singapore *****8, have applied for a Public House, Ist Class licence in respect of M/s Tamilagam Wines located at 72 Buffalo Road Singapore *****0, and that this application will be considered by the Liquors Licensing
      388 words
    • 18 24 Lost uour pet? t. Try finding it at Classification 821 (Found) of The Straits Times Classified. ft* CATS,
      18 words


  • Page 26 Advertisements
    • 1004 26 BUSINESS Notices To adver tise call toll-free 1800-741 1883 carnaudMetalbox CARNAUDMETALBOX ASIA LIMITED (Incorporated in the Republic of Singapore) To: All holders of Warrants issued by CarnaudMetalbox Asia Limited (the "Company") in conjunction with the Company's renounceable rights issue of up to 21,011,912 rights shares in November 1993, expiring on
      1,004 words
    • 814 26 LUM CHANG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 38 Kim Tian Road, #03-00 Kim Tian Plaza, Singapore *****2 on Friday, 27 November 1998 at 11.00 a.m. (or
      814 words

  • SHIPPING TIMES
    • 294 27 Bridge News Reuters THE positive area of the freight market remained Asia, although brokers here were slightly disappointed at rates reported, suggesting they have been held in check largely the result of local ships fixing to local charterers. With the volume of Japanese cargoes, rates should easily be
      Bridge News; Reuters  -  294 words
    • 268 27 tMH nBHHBHMBMHHHMHHHB tol II M CWT Otatributton -0455 -0065 119 ChuanHup 0.53 -003 687 Coaco invaatmant .094 -0025 44 FralaM Links OI9 -0.02 M93 OB KoMtngt 0.40 -004 178 Hat Sun Hop 047 -0.04 1132 HttOCNZaaan 0.765 -a05 2013 IMCHoMnQS HK 5.60 Jaya Holdings 056 -0.04 151 Juronn
      268 words
    • 419 27  -  No cmrent measures to decide which ships are millenninm resistant: Rotterdam port official By\ Felix Chan [SINGAPORE] The Rotterdam Municipal Port Management (GHR) has called for an international standard to be implemented on the so-called millennium bug (Y2000) for ocean-going
      419 words
    • 54 27 [DUBAI] Passengers wave good-bye to relatives in Portßashid, Dubai, as they board Jebel Ali-1, the first passenger ship to link Iraq with the outside world since the 1990 Iraqi invasion of Kuwait. The vessel, which can carry some 550 people and 220 cars, will sail
      AFP  -  54 words
    • 367 27  -  FETKO BAMOBB HIJACK By\ Felix Chan [SINGAPORE] The Singa-pore-based shipmanager of the Petro Ranger has denied claims by the Chinese government that the vessel was involved in smuggling, and not hijacked by Indonesian pirates. "The whole world knows that the vessel was hijacked," Petroships' executive
      FILLE PHOTO  -  367 words
    • 205 27  -  From David Taylor in Hongkong YANTIAN, a deepwater port in Dapeng Bay east of Hongkong, is aiming for the title of second busiest port in mainland China, after Shanghai. Shenzhen ports, which include Shekou and Chiwan, currently rank number two with a
      205 words
    • 137 27 HKSNI [HONGKONG] China Ocean Shipping (Group) (Cosco) is to operate independently from the Ministry of Communications, according to a statement issued by Beijing last week. The move is being seen as a continuation of the Chinese central government's drive to separate business and government and seems
      HKSNI  -  137 words
    • 818 28 SHIP MANAGEMENT Ship manager V Ships finds its goals of safely and quality can create a dynamic profitable environment ABS Surveyor IN A management company within any industry, you set a goal of profit. If you likewise set goals of safety and quality, you create a
      ABS Surveyor; FILE PHOTO  -  818 words
    • 233 28 PAGE Oongnama 3 ACL 6 ECL 5 AMI 3 Evergreen 6 Accord 8 foon<) Sun 8 Appenshtp 5 6 L nk 4 Austral 8 Gem*tr»s 8 BalajiShpg 4 HaiSunHup 8 BSA 7 Hangli 7 B tang Mas 8 3 CCNI 7 Heung-A 7 CMA 8 Hyundai 7
      233 words
    • 20342 35 thebusinesstimes THEBUSINESSTIMES EXPORT CTA ETA Advartisar Vassal Voyaga Tataphona ETA ETA Advartisar Vassal Voytq* Taiaphona SIN Oast'n Namt Nam* Number Numtoar SIN Dast'n Nam« Nama Number Number 25/* 22/12 Norsul IVO 0»S 65-*****77 To ABIDJAN (ABJ) 2003 Cot* D'I voire an 22/12 Ouadrant iyo ows 65-unw M/* 24/12
      20,342 words
    • SHIPS IN PORT
      • 761 39 Vessel Voy Mo Berth Arrival Departure *«■> *****8 J #M 'Jn 1 Ho«)SlD( n.n/0700 8< rsoon 2 01 J12 alongside 09.11/0900 Bt l Makmur mi98 J01 alongside 10.11/0(00 w Sejati m296 J01 alongside to n/0600 8t Sur li *****8 J01 alongside 09.11/2000 Bt Suriati 4 *****6 J01 alongside
        761 words
      • 1773 39 RECEIVING OF EXPORT FCt CONTAINERS AND LCL CARGO Booklng/Batonc* tstls Ship Voy No Etft/Btr Ported From To FroM Ac 1014c 0904 n/MOO M Ol/BOO 01/1651 09/1*00 Ol/BOO Ot/»M Ot/ltOO »'WHl» U» W0700 M 09/1940 MMR Ot/HOO Ot/HOO 01/1651 oi/noo a oi/itoo «/o*5i n/gm Ot/ITOO *V06S9 n/0100 io/otoo n/rei
        1,773 words
      • 206 39 Nor 11 Belgium: Amistice Day. Canada: Remembrance Day. France: Amistice Day. United States: Veterans Day. Nov 12 Taiwan: Birthday of Dr Sun YatSen.Norl6 Brunei: Men], Indonesia: Ascension of the Prophet. Nor 22. Mexico: Revolution Day. Nor 22 Japan: Labour Thanksgiving Day. Not 29 United States: Thanskgiving Day. Not
        206 words
      • 888 39 THIS report, complied b» Cockett Marine OU Ltd. riwws price rsn«H In US dollars instead of single prion tor a more comprehensive description of the market Prices shown are bassd on average-sued Hem Market movements are Indicated The Cockett Bun ker Price Index change and the
        888 words
      • 491 39 Oartea WO MM 9912 0.7 16.0 0.08 59 0.05 215 PfwrtY Wator IwHw Art ANMlnlM SUtaint No above E25 1 0 6 0 0 0 «M/M 380 A«c 986.8 0.3 15.3 0.06 31 0.02 it/H., «L.» J22 380 9951 M »8 0.12 154 0.07 %»/V »M/M
        491 words
    • AIR & LAND TRANSPORT NEWS
      • 453 40  -  It has mainly intercontinental routes and fewer intra-Asian operations By Felix Chan [SINGAPORE] In spite of a regional downturn in passenger and cargo markets, Germany's Lufthansa has been consistently expanding its Asian operations through increased capacity and frequencies. "We are happy in spite of
        453 words
      • 465 40 Soaring demand for Mexican-built car worldwide Financial Times [LONDON] Volkswagen is drawing up contingency plans to build its new Beetle model in Europe as a result of soaring demand for the Mexi-can-built car in North America and a global queue of more than 200,000
        Financial Times; FILE PHOTO  -  465 words
      • 110 40 Reuters (HONGKONG) Taiwan's EVA Airways said it will start a code-share agreement with America West Airlines on Nov 30. EVA, a unit of shipping giant Evergreen Marine, said the agreement will give the carrier direct access to Las Vegas and Phoenix. The code-share agreement
        Reuters  -  110 words
      • 341 40 Financial Times [PARIS) Serge Dassault, Dassault Aviation's chairman, appears to have revoked his longstanding opposition to a deal with the French government on the company's future, injecting new momentum into efforts to restructure the French aerospace sector. A Dassault official last week
        Financial Times  -  341 words
      • 1765 40 on FUSHT CT* FU6WT ETB NZ4578 1650 LM779 2359 MM* 8*7381 1930 8*7382 2050 S***** 1650 N***** 2359 0f81 1930 0F82 2050 >*7306 1840 $***** 2359 AM8229 2230 «0 LH6380 2230 FMIUMU $0989 1730 S0990 01)5 I ***** 2230 GumqzHmiPRC S0803 1915 CZ354 0910 kmtXtrUm K*****
        1,765 words
  • Page 27 Advertisements
    • 23 27 Ship management: Winning with safety, quality V Ships finds its goals of safety and quality can create a dynamic profitable environment. Page 2
      23 words
    • 640 27 Lufthansa expanding in Asia despite crisis German carrier has mainly intercontinental routes and fewer intra-Asian operations. Back Page Dmala Mtllftnnlum Ktio tiintnir VHnlllß nmiwnnim Nf wviiitiiwi uiuniiniiTip iTiniMiiu The Maritime Intermodal transport in- Port Authority of surer, the TT Club, has ap- Singapore (MPA) pointed two new board di- and
      640 words

  • Page 28 Advertisements
    • 657 28 ISUPER SHUTTLE EXPRESS lOULF KARACHI EXPRESS (OKX) vfssa WYAGi VKSfI VOY KA MM lAH IMP MI (01 PIC V* 00Q HONG KONG 20W544 04/11 21/11 SANTA OAIOARA Oil M/ 10 30/10 30/10 01/11 M/ 11 10/11 14/11 15/11 OOQ JAPAN 2SWS4S 11/11 20/11 PtO NCDUOYD DUIAJ 331 04/11 M/ 11
      657 words
    • 94 28 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN POWT B Hong Kong A AH China Pgt» ievehy tmur a. sun ymaj Vtsstl VOY FTP SIN ETA TYO ETA KOI ETA YOK ETA NCO ETAOSA MED
      94 words
    • 653 28 Lines services represented u (|B2Bi) b V Members of the Registry of g «r.« Singapore Freight Forwarders Accredited Shipping Agents Association Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETA PKL ETA SIN ETA MALE Princess Uh V 6798 27/11 28/11 16/12 Princess Lily V 6898 25/12 #3/01 LILY
      653 words

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    • 1043 29 (^■^■^■■2£^UkifCTf£^OrHßS*aSj|j^H| SAX SERVICE (DIRECT) vtssa wy sura u» |on dai I hou I chi I cot I mbmi I<n I kyc OWIOUMMUi 0211 11/11 03/12 07/12 07/12 00/12 07/12 01/12 01/12 09/12 09/1? APIJA« 0071 25/11 10/12 15/12 15/12 16/12 15/12 16/12 16/12 17/12 17/12 mamet ooti 02/12 17/12 22/12
      1,043 words
    • 1860 29 HANJIN SHIPPING HAHJIN SHIPPING (5) PTEITD Hfl» //mm hap com IOO«lItC *****35 737 SUB 32M774 731 DOCIMKT *****71 774 OfttATKM 37*0741 757 MAIN DM *****55 FAX 77WH0 CI NO **********0 M ITO NW USA A CANADA USA ?ftNAPA« "StvuTvor mm sm imhaia/voy stTl t?w den pox oi THmp ptt wr
      1,860 words
    • 384 29 FULLY CONTAIHBHUD DIDICATBP IHVUBI 1 I—-— 1 I 10 2 04/11 OS/11 AISO ACCEPTIHG CARGO TO MAMIU VtSSQ VOT SIN MI2 HIJ IB Ml W 111 SMN SKT TKS TMK TOY TIG OH HY WT NAO HtTtKtUlHfi till ML M/ll M/ll 14/11 73/11 14/11 23/11 7S/1I 2VII 24/11 24/11 77/11
      384 words

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    • 1394 30 MR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA VESSEL VOY SIX liH HTM WW HAM WW fU VESSEL TOY GIT SPE FOS AC MTB TRADE HARVEST WQS49 1311 04 12 06 12 (3 12 06 12 Hl2 CHOYAM6 CHANCE WMO49 1211 2911 11 12 11 12 06 12 11 12 HANJIN MALTA
      1,394 words
    • 1026 30 am MAC-NELS S'PORE M'SIA I Carrier: MN CONTR LINES, INC p. ouoanq: <ot) *****26 1 l\"/ J e»l NOi 1200S7S0000C SIBU: (084) 3161T8 MAMLA: (632) *****24 w PENANG: (04) *****36 BANGKOK: (682) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT (21) *****07 MOW: (61) *****3 KUCHING (082) *****1-3 LE
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    • 635 30 LINE By A nu MM4M HUU HMIII MIIARA 1 i LABUAN vtssa vor no eta vissa vot no ru SPOBE MUARA SPOtf IM CAUKANB-J2V171/41 14/1117/11 (AtAXA JNB-37 VI7I/W 14/1111/11 STIAiTSHOPI V3II/W 17/11 20/11 STMITSHOPi VJII/W 17/11 J2/11 (AAAKA JNB-32 VIK/98 23/11 26/11 CARMA Ml 11-32 VIK/W 23/11 27/11 STIAITSHOPI V321/W
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  • Page 31 Advertisements
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    • 1832 31 TO ISRAEL 1 IN 13 DAYS I I EVERY THURSDAY 1 L SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 22* 1900 FAX: *****08 OUTWARD (l/l) ~^^2o3o7^oHOßn!!Sa^ ,l COSTAR SHIPPING PTE LTD fi7-o« ms ridg sales/mgs s 4w5057/to inward dew (o/o) *****8S COSTAR AGENCIES (M) SDN BND TOWIR TWO (06MW) CONVENTIONAI
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  • Page 32 Advertisements
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    • 1083 32 ADVANCE CONTAINER LINES (PTE) LTD Af* I 140 Cecil Street, #12-00, PIL Building, Singapore *****0 M Lf TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL CR NO. **********0E OPERATIOWS: *****60/ *****08 (W—*n S »H« POT/2 Slf« LCH/ 1»H WW) (s UIUM«/WM» Vtssa VOY HW MCK VB«a VOY 1 MN I
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    • 635 32 NANTAI LINE FULLY CONTAWERtSIO SERVICE TO MAURITIUS SOUTH AFRICA VKSa VOT SM fUI DU» JM <FT tO mumvaus tiaos ii/ 11 ?i/ii ?s/ii n/n «/ii 02/1? GOtDfM DtAGOW tOOIS 21/11 30/11 04/12 H/U flt/1? mUttIfUHKKS V.O2SS 29/11 14/12 17/12 11/12 HMfOUQUEEK <031S 09/12 '11/12 22/12 25/12 24/12 »/12 IWUI DRAGON
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  • Page 33 Advertisements
    • 456 33 BSA a. \mm MYANMA wBBk FIVE STAR LINE r (Myanmar National Um) loading for Yoogoi (Raofooa) vissa vor sm prl pm pgu PMYA 157 SU SITTWI 03W 11/11 MUTSH AGENTS: DOUSTIAD SHIPPING AGFNOfS KIIL TO (03) *****04 PRL- TU (03)*****01 re* m (04)2****** rat m <07) *****21/4 BANK LINE (A
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    • 1512 33 HMNE* HYUNDAI MERCHANT MARINE CO., LTD. Vffjft V&jw SOU I 184 I ETM I ANT J HAM I MVj"m~[ IVBSB VOT I SOU I UH I WW I ANT HAN I WV I HI t 1 I API AUMNDDE 305W 12/11 30/11 05/12 02/11 03/13 NOIAMA2OMTI 01M 10/10 24/10 21/10
      1,512 words
    • 933 33 norwsgon ipeaatnd aukxamtn \L_u- ©§®®e TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" [vtssti VOY IRAMP HEIGHT SIN LAX CKL MIA SAV Ml Off NYC WW MOB takonga F122 rotas 6.3 m "WTT ~f6712~ Wil nJvT WiT WIT *****" WiF w7oT «570T~ TAKO F823 4001ws 6.3 M 25/11 24/12 03/01
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  • Page 34 Advertisements
    • 845 34 •AMOKOWMMPTAPmn/UkMMCHABAMQ] J A K AMTA/P AH J AHO VESSEL VOY SIN BKK MTP LCH VESSEL VOV SIN JKT PJN CHANA BHUM" 43N ~in"pt~ 13/11 ANRO OOWA' 068 ~lnPt ~4/11 XETHA BHUM 2SBN In Pt 14/11 13/11 THANA BHUM 312S 11/11 14/11 NANTA BHUM** 419N 11/11 14/11 15/11 OUBU BHUM 1033
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    • 546 34 INDONESIA NATIONAL LINE VU I VOT f"V'fO« I t'MM/l'Pf HH)»c" MIWH MtTWBtP *wssa I ls/n I n/n ?s/n pot m/>» TO AUSTRALIA I FULL COtfDUNER SERVICE WL VOT IKG SW 1 ftt I M STB MB MM Ml HI «waemo ots n/n u/n g/n v/u 10/n »/n muau us »/n
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    • 947 34 VESSELS WY WN PKL MLA L£H HTM HAM ZEE 80T WUeOEWWOO S2BW 12/11 28/11 01/12 03/12 04/12 06/12 07/12 V-LEOCVB-A N2BW 18/11 18/11 30/11 07/12 08/12 06/12 11/12 12/12 VR-LE Pfc SHANGHAI H2BW 34/11 25/11 07/12 14/12 15/12 18/12 18/12 19/12 yiifPOHON Y2BW 02/12 14/12 21/12 22/12 ZVI2 25/12 2V12
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    • 18 34 CONVENTIONAL SERVICE LOADING FOR CALCUTTA ATTKACTIVI RATIS ITA 12.11.91 For Bookings please call GANI RAJI AU TEL *****14
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  • Page 35 Advertisements
    • 62 35 caii 11/K nyuno« MM Mino T JObw U-JJIHM nNew Service to Middle East MEXICAN LINE TRANSPORTACION MARITIME MEXKANA. SA de C.V. \>rl ij.. f is now ™ki, Wan Hai lines Ben Line Agencies JY on Page 8 Page %-ij New Service to Calcutta/Haldia direct service npa to Calcutta Shipping SAMUDERA
      62 words


  • Page 37 Advertisements
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  • Page 38 Advertisements
    • 138 38 wmmatmm free R6dd6r Enquiry Sprvicp s>< cut out and fa* to: 65-*****29 MSfliiUMMiliMißaM 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: 1 ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times
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  • Page 39 Miscellaneous
    • 129 39 LEGEND: R Thunderstorm Temperature e^, V Showw Weather Wind direction with speed m knots Roin Cloudy Sky Wove height ieo, <, or,ow w ch «r <"tfc the wind W On. W crc* represents cokr, or kght and vonoWe winds One haH Heche 5 knots One Ml Heche represents 10 knots
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  • Page 40 Advertisements
    • 132 40 "BUSINESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. Hi Shipping Times HI Bringing jGSt Get more information on these dynamic TranS'tShrtJitinn I conferences! wn 'raft sportat ion, The Best 111 The SF.APKX txploralion Conference, <A\\V X jTj J Oil Gas P
      132 words