The Business Times, 10 December 1998

Microfilm: NL21360
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    19 1 MITA(P) 110/12/97 THE BUSINESS TIMES S I N G A P O R E Internet: http://business-times.asial.com.sg/ THURSDAY, DECEMBER 10,1998
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  • Article
    MARKET SUMMARY
    65 1 m 1,***** (+30.98) BT-SBI HBJ6 (+11.72) SUCKS FUTDBES «J> (+5.59) gyyuCT Mooih STOCK MARKET INDICES Wednesday Chance KLSECOMP U118 +I13J NIKKEI I4J3130—****** HANO SENO 10,***** +1031 SET INDEX KM4 +937 JAKARTA COMP —398.78 -0.12 MANILA COMP —1,***** -4631 TAIPEI WPl 7,117.91 -9177 SEOUL COMP ***** +16.67 CliSA CHINA
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  • Article
    FINANCE
    77 1 FOBEX BATES USI St US« 1.6M £(US$/SS per 1.669 17J8 DM 1.664 9JW1 YKN ll&S \m KM UN MM HK$ 7.748 Ml J BAHT 35.86 0.046 RUPIAH 7,471 O.OM •sftoMoun4tt FIDOS BATES SINGAPORE* Ml KUALA LUMPUR 11.60 JAKARTA 28.00 BANGKOK 14.78 MANILA AM HONGKONG 1016 TAIPEI 8.80 SYDNEY 8
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  • Article
    DBS slashes its prime by half-point to 5.5%
    606 1  -  Move accompanied by hefty cats in deposit rates; other banks expected to follow ByYt Ven Sreenivasan R Sivanithy [SINGAPORE] After weeks of market expectations of an imminent interest rate cut, DBS Bank yesterday obliged, but the size of its cut came as
    606 words
  • Article, Illustration
    Lock icon Rank of America to close its S'pore retail ops – again
    597 1  - Rank of America to close its S'pore retail ops again Layoff of 134 staff here is part of Asia-wide redaction By Conrad Raj [SINGAPORE] Barely four years after it re-opened here, the Bank of America is to once again close its retail operations in Singapore by the middle of next
    SIEW YAW HOONG  -  597 words
  • Article
    COEs for big, luxury cars soar
    597 1  -  New premiums at a six-month high, despite fewer bids By < Christopher Tan [SINGAPORE] As if with the certainty of death and taxes, certificate of entitlement (COE) premiums shot up across the board in the latest tender, with the big car and luxury car
    597 words
  • Article
    US firm offers 56% premium for CSA Holdings
    452 1  -  Offer triggered by CSC acquiring 26.2% at $1.02; CSA execs to sell another 10% By, Annette Pau [SINGAPORE] US information technology services provider Computer Sciences Corp (CSC) is making a takeover offer for locally listed CSA Holdings. The takeover was triggered by
    452 words
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      116 1 inmm Kepßank duuw aasr Keppel Bank shares rose sharply yesterday on rumours that a foreign financial institution may be taking a stake in the bank, traders said, P|lB New giant In a USs3sb stock deal, Britain's Zeneca Group and Sweden's Astra yesterday agreed to merge, forming the world's sixth biggest
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      132 1 Kepßank jumps, P&l5 1 Invented for you The Type XX Aeronavale chronograph has a doubly prestigious heritage. It is true to the inventive spirit of Abraham-Louis Breguet, neßnguetspintcontributed neatest watchmaker ever known. It is to man s conquest of tbe imbued also with the exploits of his daw** by Loua
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Temasek's invested $320m in non-core S'pore equities
      519 2  -  SCMP report casts unwarranted aspersions on govt policies: official From. Loh Hui Yin in Hongkong TEMASEK Holdings currently has Ss32o million invested in Singapore equities as part of its investment portfolio, in addition to long-term stakes in Singapore governmentlinked companies (GLCs). This "small
      519 words
    • Article
      NTUC to open first elderly care centre at year's end
      162 2 NTUC Elder Co-operative, formed in April last year, is opening its first care centre for the elderly at the end of the year. The 300 sq m NTUC Eldercare centre, located in Marsiling and open Mondays to Fridays from 7.30
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    • Article
      JTC to earmark more bonds for retail investors
      245 2 JJJRONG Town Corporation will set aside more bonds for retail investors in its second isjsue of medium term notes (MTN) slated for the first quarter of next year, its chief executive officer Ko Kheng Ifcva said yesterday. Fielding questions at a press
      245 words
    • Article, Illustration
      Lock icon Be circumspect about regional news channel, BG Yeo tells TCS
      497 2  -  CABLE AMD SATELLITE ASIA *98 It will not get new govt fnnding, and market is tough Reports byi Catherine Ong TELEVISION Corporation of Singapore (TCS) has been told to be "circumspect" about its plans to launch an 18-hour regional news
      SIEW YAW HOONG  -  497 words
    • Article
      Broadcasters air pessimism on Asia
      371 2 REGIONAL cable and satellite broadcasters meeting in Singapore yesterday said prospects are gloomy and acknowledged that they need to review their marketing approach to survive Asia's economic crisis. Paul France, president of CNBC Asia (S), told delegates attending the Cable Satellite Asia *98 conference that
      371 words
    • Article, Illustration
      Lock icon S'pore among first 5 nations to sign Millennium Accord
      303 3  -  By\ Raju Chellam SINGAPORE has joined a new international mediation initiative that seeks to help commercial and government organisations resolve disputes arising out of the year 2000 (Y2K) compliance problem, or the millennium bug. Singapore is among the first five global
      CHRIS LOH  -  303 words
    • NEWSRoundup
      • Article
        Work on Airport Boulevard
        56 3 A STRETCH of Airport Boulevard in front of Changi Airport Terminal 2 will be aligned at 6am tomorrow and on Dec 24. The city-bound stretch will be aligned tomorrow and the section towards T2 on Dec 24, the Land Transport Authority said. Motorists are advised to
        56 words
      • Article
        Asian gift show
        49 3 THE annual Asian International Gift, Handicraft Stationery Fair (AIGF) will be held at Suntec City during April 20-23,1999. Organised by Singapore Exhibition Services, the event showcases unusual products from developing countries. The Singapore Retailers Association will again hold the Singapore Retail Industry Conference alongside the exhibition.
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      • Article
        Corrections and clarifications
        80 3 IN our story "What Moves Bond Prices" In the Money Matters page yesterday, we erred in saying that a doubling in interest rates from 5 per cent to 10 per cent would halve the price of a one-year bond with a coupon of 5 per cent. Assuming
        80 words
    • Article
      50% of workers fear for their jobs, says survey
      365 3  -  Majority confident companies will keep those who do well By, Audrey Tan ONE in every two Singaporeans feel insecure about their jobs, as they worry that the axe may fall on them, a survey by Watson Wyatt found. But almost 60
      365 words
    • Article
      Private external debts up 43% in 1997 as S$ depreciates
      459 3  -  By. Andrey Tan THE external debts of Singapore companies and households Jumped 43 per cent in 1997, due partly to the depreciation of the Singapore dollar, a study by the Department of Statistics (DOS) shows. As at the end of
      459 words
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      105 2 Jhfiiachi Ajosen Singapore JSimitecfancf I Gongratufates Spfencfour S/iippinq Co JBicf i on t/ie /3aunc£of u Spfencfour" W Engineering Pte Silver Eagle Marine Pte Ltd UjK I Maryland Drive. Singapore *****9 Tel: *****81/*****48 Fax: *****38 Third, vessehoftbe Stamford Series 19,150/20,700 Dwt Single Screw Driven Multi-purpose Dry Cargo! Container Carrier \X/clh SOOfl
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      36 3 Pain from Year 2000 bug largely self-inflicted, Pgll H MIKIMOTO The Originator of Cultured Pearls Since 1893 f 'ainiY'" 7, V CTHO Sin#^° re Singapore *****9 j i t];II. 111 i I'*M I Tel: *****47. *****43
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      171 3 Discover more than just cost-savings in voice communications. O t in— I V I i mm Service Level Guarantee r u< fFlexibility r s >lng Cost Control Management j Sing Tel VPN Sing Tel Virtual Private Network (VPNt is a global voice network designed control to private dialing telephone number
      171 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Tough fight for tenants
      497 4  -  Casuarina Cove is largely held by investors and has newer neighbours like Pebble Bay to contend with By Elaine Koh [SINGAPORE] THREE quarters of the 152 units sold at Casuarina Cove have been bought by investors, making it a tough fight for tenants. This figure was
      CHRIS LOH  -  497 words
    • Article
      House Hunt
      344 4 Property transactions for districts 11 and 21 (sectors 26 to 30 and 56 to 59) lodged between Nov 7 and Dec 5, 1996. PROJECT NAME/ PROP CONTRACT TENURE BULT-tff PMZ PSF STREET NAME TYPE DATE LANO AREA* (SOFT) (SSXJOO) (S$) District 11 Arcadia Gdn Apt 10/26/98 99 3712
      344 words
    • Article
      Lock icon Obayashi's Big Canopy method attracts observers
      208 4 Bridge News [SINGAPORE] The Big Canopy all-weather construction method developed by Obayashi Corp is drawing attention in Singapore, which is suffering from a shortage of construction workers. The number of visitors to the 28-storey DBS Square building to observe the method topped 1,000 in
      Bridge News  -  208 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      118 4 Cashmere in leather. Or how to advertise your Christmas bonus. M m Mjf To celebrate the opening of our new boutique, we are giving away 2 Eastern Oriental Express rail tickets to one lucky customer. Make a purchase of $1000 or more at the Seeger boutiques in Singapore from now
      118 words
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      Page 4 Advertisements Column 2
      210 4 Light-Industry Corporate Building atTampinesSt92 I JUDICIAL MANAGERS' SALE I K •An 8-storey modern detached factory with basement car park. -1 > Prominent frontage along PIE; ideal as a corporate building. 1 V Site Area: 51,716 sq ft approx. flF9||||ra V Built-in Area: 128,960 sq ft approx. ft •Tenure: 30 +30
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      229 4 Freehold Residential Site Opposite Holland Village I FOR SALE BY TENDER I Site Area: 23,247 sq ft approx. Located within a good class residential area, the site is about 3 mins' walk to Holland Village, and about 10 mins' drive to Orchard Road. Near to reputable schools like Henry Park
      229 words
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Thai govt goes to people to explain economic reforms
      515 5 PM's live question answer TV show will dilute opposition to reform bills: analysts Reuters [BANGKOK] The Thai government yesterday went on a public relations offensive to drum up support for economic reforms it deems crucial to rescue the economy from its
      Reuters  -  515 words
    • Article
      Lock icon M'sia posts record Oct trade surplus of RM6.6b
      284 5 Imports fall amid recession, down 13% year-on-year Bloomberg [KUALA LUMPUR] Malaysia posted a record trade surplus in October, as imports were stunted amid a recession and exports continued to grow although at a slower pace. The surplus widened to 6.62 billion Malaysian
      Bloomberg  -  284 words
    • Article
      Lock icon China vows to keep yuan stable, press on with reform drive
      256 5 AFP [BEIJING] China's top leaders vowed yesterday to maintain a stable yuan and to press ahead with the reform and opening up drive next year, official media reported. Maintaining the stability of the yuan will be one of three
      AFP  -  256 words
    • Article, Illustration
      Lock icon HK property market showing signs of recovery
      43 5 [HONGKONG] A man reading a book wider a sign advertising property for rent in Hongkong on Tuesday. Hongkong's property market, a key sector of the economy, is showing signs of recovery after an 18-month slump. AFP
      AFP  -  43 words
    • Article
      More signs of Japan's economy bottoming out
      315 5  -  Nikkei up as survey shows increased business sentiment hYttm, Anthony Rowley in Tokyo FURTHER evidence that Japan's economy may have hit bottom or is about to do so emerged yesterday with the publication of a finance ministry survey showing a broad-based improvement in
      315 words
    • Article
      Lock icon Nod for RM trade at borders?
      127 5 AFP [KUALA LUMPUR] Malaysia may allow currency trading at border towns as foreign exchange transactions involving the ringgit are still taking place in Singapore and Thailand, a report said yesterday. Deputy Finance Minister Affifudin Omar was quoted as saying in the New Straits Times
      AFP  -  127 words
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      10 5 China's bond issue a key test for region, Pg 9
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      66 5 MONT° 1 BLANC lime stands still for those who find joy in the search for a gift. uta*' ijmjß\^y MeHterstiick Solitaire Owyr nff Linh> Meistrrstiick 149 THE ART OF WRITING YOUR LIFE Writing Instruments Watches Leather Jewellery Eyewear Montblanc Boutiques: Ngee Ann City #01-32, Raffles City #01 37A, Paragon #01-18
      66 words
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      112 6 I Liberate your telecommunications and your mind will follow. Imagine a company that can take you beyond conventional approaches to telecommunications. A company not bound by traditional ways of thinking. Telstra gives you freedom to discover unexplored opportunities. We dig deep, ask questions ayd seek ingenious solutions to improve your
      112 words
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  • REGION
    • Article
      Lock icon Japan to give new loans to Asia at Asean meet: report
      355 7 TOKYO Aid worth It yen will be used to finance projects led by Japanese firms AFP JAPAN is to unveil fresh loans worth one trillion yen (5513.9 billion) for Asia at an Asean summit next week, according to a
      AFP  -  355 words
    • Article
      Lock icon Seoul to repay 1st IMF loan in Dec
      283 7 SEOUL Gevt aims to gain credibility with DSs2£b repayment AFP Bloomberg SOUTH Korea yesterday decided to repay the first US$2.B billion (554.6 billion) tranche of its International Monetary Fund (IMF) loan this month, the finance and economy ministry said. "The government decided
      AFP; Bloomberg  -  283 words
    • Article
      Lock icon Asean's committed to opening economies: sec-gen
      247 7 HANOI Reuters SOUTH-east Asian countries are committed to further economic integration and will not erect barriers to counter the crippling economic crisis hitting the region, a senior official said yesterdiay. Rodolfo Severino, secre-tary-general of the Association of South-east Asian Nations, said the group would
      Reuters  -  247 words
    • Article, Illustration
      Lock icon Suharto questioned for three hours
      631 8 JAKARTA He's asked about foundations, Timor car, assets; Hasan grilled for 8 hours AFP FORMER Indonesian president Suharto and his closest business associate Bob Hasan were grilled yesterday over alleged corruption during Mr Suharto's decades in power, but it was unclear if either would be
      AFP  -  631 words
    • Article
      Asean members split on timing of Cambodia's entry
      405 8  -  MFA reveals thrast of differences found in Jayakumar's consultations By' Walton Morais [SINGAPORE] Asean members expressed divergent views on the timing of Cambodia's admission to the grouping, Foreign Affairs Minister S Jayakumar found in consultations with his counterparts in the region. This
      405 words
    • Article
      Lock icon Cancelling Suharto state deals could save over US$lb
      311 8 JAKARTA So far 167 projects show signs of graft: enterprises minister AFP THE scrapping of state contracts won corruptly during the Suharto era could save the Indonesian government more than US$l billion (Ssl.7 billion), a senior minister said yesterday. In a written
      AFP  -  311 words
    • Article
      Lock icon Imelda: 'We own practically everything'
      310 8 MANILA Claim to 500b pesos of blue chip shares stirring furore Reuters THE widow of former Philippines strongman Ferdinand Marcos has raised a storm by claiming that her family owns 500 billion pesos (5521.3 billion) worth of shares in blue chip Philippine firms. Since the
      Reuters  -  310 words
    • Article, Illustration
      Lock icon Airport fiasco a big blow to HK's reputation, admits Tsang
      311 8 HONGKONG Reuters HONGKONG financial boss Donald Tsang yesterday acknowledged that the fiasco at the opening of the territory's much-touted new airport last summer dealt a heavy blow to the city's reputation. Appearing before a parliamentary inquiry into the chaos at
      Reuters  -  311 words
    • Article
      Lock icon Philippine taxmen rapped over evasion case
      134 8 MANILA AFP PHILIPPINE tax officials were warned yesterday to cooperate in the prosecution of a 25 billion peso (551.06 billion) tax evasion case against ethnic Chinese tycoon Lucio Tan. Justice Secretary Serafin Cuevas said continued refusal by Bureau of Internal Reve- nue commissioner Beethoven
      AFP  -  134 words
    • Article
      Lock icon Defence gets nod to try impeach former driver
      547 8 ANWAR'S TRIAL But judge says application fraught with problems AFP AFP, Reuters IKUALA LUMPURI Malaysia's sacked finance minister Anwar Ibrahim scored a point in his corruption and sex trial yesterday when the judge ruled that the defence could seek to disqualify the
      AFP; AFP, Reuters  -  547 words
    • NOTE Book
      • Article
        Lock icon Habibie wants ban on schooling abroad
        76 8 AFP [JAKARTA] Indonesian President B J Habibie asked the education minister on Tuesday to study the possibility of banning Indonesian students from seeking pre-college education abroad. Dr Habibie said he was seeking the ban to prevent a weakening of the spirit of nationalism, Information
        AFP  -  76 words
      • Article, Illustration
        Lock icon Making a living from garbage
        62 8 AFP [PHNOM PENH] This Cambodian woman is one of many hundreds who scavenge the garbage dump through the smoke and slush for materials to recycle on the outskirts of Phnom Penh. Mostly women and children, some as young as four, follow the garbage trucks as
        AFP  -  62 words
      • Article
        Lock icon Indonesia to sell 14% stake in Indosat
        78 8 Reuters [JAKARTA] The Indonesian government will sell 14 per cent of PT Indonesian Satellite Corp (Indosat) to increase private ownership in the telecoms company, the Bisnis Indonesia daily said yesterday. "The government will release a 10 per cent stake to strategic investors and
        Reuters  -  78 words
      • Article
        Lock icon HK bankers to meet China about Gitic
        118 8 Bloomberg [HONGKONG) The Hong Kong Monetary Authority and the city's main banking association are sending written questions to China's central government seeking clarification about how it plans to repay creditors of Guangdong International Trust and Investment Corp (Gitic) the country's second biggest trust
        Bloomberg  -  118 words
      • Article
        Lock icon Cambodia approves US$840m projects
        72 8 Reuters [PHNOM PENH] Cambodia approved investment in 130 projects worth US$B4O million (Ssl.4 billion) up to the end of October compared with total approved investment of US$76O million for the whole of last year, investment officials said yesterday. China has become the largest foreign investor in
        Reuters  -  72 words
    • Article, Illustration
      China's bond issue a key test for region
      723 9  -  CHINA WATCH But more Important, It will send a strong signal that Bering does not plan to devalue the yuan By Lu Ning IF a country's per capita income is below, say, US$l,OOO (551,650) a year, it isn't likely to be tempted
      723 words
    • Article
      Lock icon Taiwan rapped after city votes against reuniting
      296 9 BEIJING Beijing says referendum illegal, a threat to China Reuters CHINA warned Taiwan yesterday that it was "playing with fire" after a referendum in a Taiwan city last week rejected eventual reunification. "Attempts to use a referendum to block reunification and create 'an
      Reuters  -  296 words
    • Article
      Lock icon India's primary capital markets at a standstill
      261 9 BOMBAY No public issue in Nov, only one in Oct, says resarch group AFP INDIA'S primary capital market, in which companies float shares and raise money directly from investors, put up its worst show in 10 years last month, a research group said
      AFP  -  261 words
    • Article
      Lock icon HK-Shenzhen tussling over a one sq km area
      205 9 HONGKONG AFP A ROW has broken out between Hongkong and the neighbouring Chinese special economic zone of Shenzhen over who controls an area of reclaimed border land, government radio reported yesterday. The one sq km area just south of the border will
      AFP  -  205 words
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      111 7 v > J- •***•> J f-' V j -V; J «f p :> f .4v>;.'.v 4^ 4 A.fV i |?S w T w ACTION SOUND oyin K unforgettable I presentations YjQA voice memos 9 Y*\ J A L y°"'. P ict d 0 Whether it s special instructions 8 aea
      111 words
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  • Page 9 Advertisements
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      22 9 u^-'^ M'-' l Mmk ffi*r 'H^fflßfll^MfflfflHpw^B^^^BHfllßKF^"'*• J/' \;*ii ,i ßi' IS*K^HH <^fISHI| <§| ;i: f vSs^_ HX J JJJ^JQSrJji■ "-™2\* &£**s > v. 1
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  • REGION/WORLD
    • Article
      Lock icon US Q3 current account trade deficit at record US$6l.3b
      510 10 WASHINGTON International investors were net sellers of US stocks, Treasury securities Bloomberg THE US trade deficit in goods, services and investment income widened to a record US$6l.3 billion (Sslol.l billion) in the third quarter, the Commerce Department said. International investors were
      Bloomberg  -  510 words
    • Article
      Lock icon US manufacturing growth to slow in '99: survey
      459 10 NEW YORK Reuters US manufacturing growth, already hindered by the global downturn, will slow further next year, according to a new survey of the nation's purchasing managers. The forecast, released by the National Association of Purchasing Management (NAPM), called for manufacturing revenues
      Reuters  -  459 words
    • Article
      Lock icon Both US and Korea claim victory in WTO ruling
      222 10 WASHINGTON AFP Bloomberg A WORLD Trade Organisation panel has issued a ruling that both the United States and South Korea claim has gone in their favour. US officials say it allows Washington to impose further punitive duties on South Korean exports
      AFP; Bloomberg  -  222 words
    • Article
      Lock icon Pinochet must stay in UK to face court
      199 10 ■LONDON AFP FORMER Chilean dictator General Augusto Pinochet must stay in Britain to face court proceedings that could result in his extradition to Spain where he is charged with crimes against humanity, Home Secretary Jack Straw decided yesterday. "I find an Authority
      AFP  -  199 words
    • Article
      Lock icon Donors pledge US$2.7b in aid to Vietnam
      287 10 PARIS Reuters INTERNATIONAL donors on Tuesday offered a greater than expected US$2.7 billion (554.5 billion) in aid to Vietnam for 1999, overcoming concerns that the pace of economic reform there is flagging. Donors pledged financial support of US$2.2 billion and offered an additional
      Reuters  -  287 words
    • Article, Illustration
      Lock icon Frozen art
      40 10 [HINTERZARTEN, Germany] A curtain of stalactites in front of the window of a home in Hinterzarten, south-western Germany, on Wednesday as freezing temperatures have enveloped the city with a layer of ice creating transitory works of art. AFP
      AFP  -  40 words
    • Article
      Lock icon Worldwide PC sales expected to rise 12.2% in Q4: study
      284 10 MASSACHUSETTS AFP A STRONGER performance in Asia should help boost personal computer sales worldwide by 12.2 per cent in the fourth quarter compared to the same period of 1997, according to a study released here on Tuesday. Research firm International
      AFP  -  284 words
    • Article, Illustration
      Lock icon Prince Alwaleed in talks with LTCM for possible buy
      522 10 RIYADH Bat aide says Saudi billionaire unlikely to invest Bloomberg BILLIONAIRE Saudi Prince Alwaleed Bin Talal said he's talking with Long-Term Capital Management LP (LTCM), perhaps to buy some holdings of the fund, although an aide to the prince said it's
      Bloomberg  -  522 words
    • Article
      Lock icon IMF pushing Brazil to the brink of recession, says top economist
      372 10 NEW YORK AFP THE IMF has deepened the global financial crisis, and is pushing Brazil to the brink of a recession, noted economist Jeffrey Sachs warned on Tuesday. "The IMF is too powerful, too secretive, (and) has mishandled the
      AFP  -  372 words
    • Article
      Lock icon Hughes provided 'defence service' to China: report
      146 10 NEW YORK NYT A SECRET Pentagon report concludes that Hughes Space and Communications, without proper authorisation, gave China several pieces of technological insight crucial to successful launches of satellites and ballistic missiles. Hughes provided a "defence service" to China that violated American standards
      NYT  -  146 words
    • WORLD Watch
      • Article
        Lock icon Blair, Schroeder issue tax deolaration
        85 10 AFP [LONDON] British Prime Minister Tony Blair and German Chancellor Gerhard Schroeder yesterday published a joint declaration promoting "tough action to combat unfair tax competition" in Europe. However, their text steered clear of the contentious issue of savings tax, which financiers in the City of
        AFP  -  85 words
      • Article
        Lock icon Albright warns Moscow
        87 10 AFP [BRUSSELS] US Secretary of State Madeleine Albright yesterday threatened to end America's scientific cooperation with Moscow if Russia did not keep its promise to stop providing technology for Iran's missile and nuclear programmes, a senior US official said. She issued the warning during talks here with
        AFP  -  87 words
      • Article
        Lock icon Yeltsin resting in country residence
        53 10 AFP [MOSCOW] Russian President Boris Yeltsin left hospital yesterday for his country residence in the Moscow suburbs, the Interfax news agency reported, quoting the Kremlin. Chief Kremlin spokesman Dmitry Yakushkin said the president had been advised by his doctors to complete his convalescence at his
        AFP  -  53 words
      • Article
        Lock icon Rnssia tax headache to stay till 2000
        66 10 AFP [MOSCOW] Russia will have to wait until 2000 for a boost in tax collection, the perennial headache for the cash-strapped government, the country's tax chief said yesterday. Defending a package of sweeping tax cuts designed to encourage Russians to pay their dues,
        AFP  -  66 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      E-trade means never having to close shop
      777 11  -  THE BOTTOMLDVE OPINION By Raju Chellam The author is a BT correspondent CONSIDER this: In the United States, an hour of computer downtime for a finance organisation with a brokerage operation is US$6.4 million (5510.6 million). For a bank with credit card and
      777 words
    • Article
      IN MOTHER WORDS
      95 11 The situation is out of hand, and there is very little that can be done from the outside. I am baffled and without any clear view of how the situation can be resolved.' -George Soros on the economic situation in Russia, which he helped to trigger by
      95 words
    • Article
      Australia, the still lucky country
      645 11 EDITORIAL AUSTRALIA'S economy is booming, the county is awash in consumer confidence and the central bank has cut interest rates to ensure that the good times roll on. Even its chronically high jobless rate dipped to 7.7 per cent in October, after hovering at above
      645 words
    • Article, Illustration
      Lock icon Pain from Year 2000 bug largely self-inflicted
      1016 11  -  Legitimacy of the 2000 computer glitch was never in doubt, yet world ignored early warnings By Robert Samnelson The Washington Post Writers Group THE year 2000 computer glitch may be the ultimate vindication of a 1959 essay titled "The Two Cultures and the
      The Washington Post Writers Group  -  1,016 words
    • Article, Illustration
      Lock icon There's no excuse for denying human rights
      775 11  -  WHAT THE OTHERS SAT By Mary Robinson The writer is the United Nations high commissioner for human rights IHT TODAY, we commemorate the adoption in 1948 of the Universal Declaration of Human Rights, an unprecedented commitment by nations around the world to defend
      IHT  -  775 words
    • Article
      Unhappy shrimp farmers
      197 11 WITHOUT a last-minute change of heart by Thai Prime Minister Chuan Leekpai, the ban on inland shrimp farming in compliance with the environment law is due to come into force on Dec 12. People who refuse to stop farming risk arrest by the police that is, if
      197 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Eyes on Old Blue Eyes
      1287 12 Files released by the FBI show the complicated relationship between the bureau and Frank Sinatra LAT-WP MORE than a thousand pages of documents released on Tuesday reveal that during a stormy 40-year relationship, the US Federal Bureau of Investigation (FBI) endlessly examined Frank Sinatra's connections
      LAT-WP; FILE PHOTO; REUTERS  -  1,287 words
    • Article
      Lock icon Film the truth, but only the safe truth
      679 12 FILM Documentary makers are clashing over nnspoken tenet NYT [NEW YORK] The moment, brief but breathtaking, takes place about two-thirds of the way through Jon Alpert's Life of Crime 2. A four-year-old, left alone by his heroin-dazed mother, balances on the sill
      NYT  -  679 words
    • Article, Illustration
      Lock icon It's 100% thought-free
      822 13  -  MAGAZINES Maxim's mindless but new mag's selling like hotcakes in US By\ Peter Carlson LAT-WP [WASHINGTON] Maxim magazine isn't really edited by Homer Simpson. It just reads that way. Actually, Maxim is edited by Mark Golin, who has not yet attained Homer's zen-like state of perfect mindlessness.
      LAT-WP; FILE PHOTO  -  822 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      60 12 > > •Timeless < c Is it true that Jackie Chan, Elton John, Gianni Versace and Demi Moore share the same object of desire? Yes r Franck Muller. But the watch, not the man. In BT UimmSiQSl an armchair introduction for those who've always wanted to buy a handsome or
      60 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
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      543 words
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      Page 13 Advertisements Column 2
      115 13 -tfArld Th* ftinland^-u 1998 Fun and games with funny man Moe Alkaff and loads of yuletide favourites! 25 December C 11am-2.30pm Tft Mandarin Ballroom wMBt Adult $53 nett wb% Child 10 years /JjlJ* and under $32 nett Reservations: 831 -6288 Mantiarin Singapore 333 Orchard Road. Singapore *****7 Tel: *****11 §1V
      115 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      743 13 TV&RAPIO aMMMMt-vr <v. maSEESa^^— 2.30 PM 0.00 Kidz ""*1 Christmas Carol. 6.00 Teletubbies. --^fl 6.30 Little Bear. I 7.00 Holiday: Lombok/ Trout 'J' jfifl V. I Fishing (See Our Choice) l|M, J 8.00 Earthvisions Specials 1998: Foxes The 0.00 Singapore L Postcards From home: L China (See Our Choice). Hi
      743 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      213 13 CRYPTIC CROSSWORD 12 Anyone can cause enormous ~fliflli 13 The archdeacon looks very ,7 23 (5) S 46,1 n telTaCe 25 manages to push those who are missing (9) 22 Excellent meal, but without A 6 Curt response to request for a party leader (5) doUar 111 < 5 >
      213 words
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  • MOTORING
    • Article, Illustration
      Lock icon Volvos from M'sia at a hefty discount
      338 14  -  Malaysian-assembled 940s going for $128,000 in move to ease oversupply across Causeway All reports by Christopher Tan [SINGAPORE] SM Motors is offering a limited batch of laysian-as-sembled Volvo 940s for a song. Specifically, to the tune of $128,000, with COE. That's a good
      CHRISTOPHER TAN  -  338 words
    • Article
      Oil firms here cut pump prices by 2C a litre
      161 14 [SINGAPORE] Oil companies here have reduced pump prices by about two cents per litre across the board. Non-premium petrol is now $1,048 per litre, while premium 98-octane costs $1,114 per litre. Diesel costs 42.5 cents per litre, from 44.5 previously.
      161 words
    • Article, Illustration
      Schroeder puts his weight behind Audi A8
      201 14 [SINGAPORE] Newly-elected German Chancellor Gerd Schroeder has picked a speciallymade armoured Audi A 8 as his official carriage, making a quick departure from established choices such as Mercedes-Benz and BMW. He is seen here embarking on one of his first official trips in
      201 words
    • BUMPER to BUMPER
      • Article
        Renault to open Senna plant in Brazil
        77 14 RENAULT chairman Louis Schweitzer will inaugurate the new Ayrton Senna assembly plant in Parana, Brazil, tomorrow. The plant, built in record time, is already rolling out its first batches of Renault Scenic (a one-box mini-MPV). The plant has an initial capacity for 120,000
        77 words
      • Article
        Beaumont wins Falken Rally
        70 14 JEFF Beaumont has done it again. The veteran racer landed his third Falken Rally championship over the weekend with his trusty Mitsubishi Lancer Evo IV. He beat the favourites, such as the Subaru WRXs in the Caltex Havoline Team, to end the year's last motorsports event
        70 words
      • Article
        Caltex driver scores in Ericsson race
        58 14 CALTEX Havoline Racing Team driver Greg Graham came in second in the Ericsson Challenge Subaru race in Macau last month. Not bad for a debut race by the team, especially when Graham blew an engine in a qualifying round. Team-mate lan Lee came in
        58 words
      • Article
        Audi racer launch live on Net
        48 14 ACCESS www.audi.com if you're awake at sam on Monday. That's when youll catch, "live" on the Net, the launch of Audi's first thoroughbred racer, the RB, at the Berlin Velodrom. The R8 will make its racing debut at 1999's Le Mans 24-Hour.
        48 words
      • Article
        BMW gets accolades
        128 14 BMW has once again landed a number of accolades. The new 5-series achieved the highest rating at the latest Euro-New Car Assessment Programme crash test, an honour it shares with a Swedish model and another model from Japan. In another recent survey, the What Gar? magazine from
        128 words
      • Article
        Hertz anniversary specials
        72 14 CAR rental leader Hertz, celebrating its 80th anniversary this year, has launched festive specials for three destinations. For the UK, rates start at £19.80 per day, the US from US$27 per day and Australia from AS4S a day. Meanwhile, the company has been voted by Travel A
        72 words
      • Article
        Free ads on S'pore AA Web site
        50 14  -  Compiled by Christopher Tan THE Automobile Association of Singapore has added three more features to its Web site www.aas.c(Hn.sg— namely new car prices, used car rates, and a riagatflods section. The last feature allows car owners and potential buyers to advertise for free.
        50 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
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      72 words
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      Page 14 Advertisements Column 2
      53 14 BIT tftßlr*HHl i I 9 si T -jT^-'-- r r 1f JF^M^|l~T^^S B ==gg^B "■J T?i"OT T¥TT For more ,n^Qrmaljon on Creative Ads, call: r* i\ i■% 1J I Susan Eng 740 6160 Florence Kang 740 6161 Judy Tan 740 6163 j Low Cheh Chuan 740 6171 tOT JOUS Desmond
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon KepBank jumps on talk of foreign investor coming in
      384 15  -  European foods said to be big buyers; Kep Finance, Kep Corp also beoefit By Wong Wei Kong [SINGAPORE! Keppel Bank shares rose sharply yesterday on strong rumours that a foreign financial institution may be taking a stake in the bank, traders
      Source: Bloomberg  -  384 words
    • Article, Illustration
      ST Computer CEO resigns
      226 15  -  By, Jennifer Lien [SINGAPORE] ST Computer Systems and Services' president and chief executive Victor Ang has resigned from the company and its board, just 15 months into the job. While ST Computer's board searches for a new CEO, the company's executive vice-president for technology, Lim Liat,
      226 words
    • Article
      OPH placing out 15m shares to raise $12m
      336 15  -  Proceeds to be nsed as working capital and to reduce debt By< Corinne Kerk [SINGAPORE] Mainboardlisted developer Orchard Parade Holdings (OPH) yesterday said it is placing out 15 million new shares to raise $12.15 million in net proceeds. At 83 cents apiece,
      336 words
    • Article
      Electronics stock Flextech worth a closer look
      744 15  -  HOCK LOCK SIEW Louis Beckerling IF you're searching for a stock which may have some more bounce in it, electronics counter Flextech Holdings may be worth a closer look. The share price of the diversified electronics company performed robustly in the weeks following
      744 words
    • Article, Illustration
      Lock icon PacNet's US IPO to ride on Net stocks mania
      780 15 Pacific loternet aims to raise USs26.6m to wire op Net sorfiog Asian nations Bloomberg [SINGAPOREJ The US' Internet stock fever is about to hit Singapore. Pacific Internet Ltd, owned by SembCorp Industries Ltd, is looking to tap into Wall Street's fascination
      Bloomberg  -  780 words
    • COMPANIES
      • Article
        Lock icon EPF seeks money from Renong bond guarantors
        530 16 Guarantor banks include OCBC, Tat Lee, Sanwa, DBS and Banque Paribas Bloomberg [KUALA LUMPUR] Renong Bhd's biggest bondholder, Malaysia's Employees Provident Fund, is demanding that guarantor banks of a 450 million Malaysian ringgit (*****.3 million) bond pay up, after the industrial group defaulted
        Bloomberg  -  530 words
      • Article
        Creative blasts Aureal over countersuit
        443 16  -  It says US firm's bid for injunction against SB Live! products a ploy Jennifer Lien [SINGAPORE] Sound chip maker Aureal Semiconductor has turned the tables on rival Creative Technology, suing it for patent infringement just over a month after a US court sent Creative Technology's
        443 words
      • Article
        Courts' interim net earnings down 30% to $3.6 m
        379 16  -  By Rahita Elias [SINGAPORE] Furniture and electronics chain Courts (Singapore) saw half-time net earnings drop 30 per cent to $3.6 million. For the six months to Sept 30, 1998, earnings per share (EPS) fell by 30 per cent to 2.24 cents
        379 words
      • Article
        Lock icon F&N Coca-Cola says it has no plans to delist Sri Lankan unit
        263 16 Talk rife that F&N intends to buy 100% of local bottler Reuters [COLOMBO] F&N Coca-Cola Pte Ltd, a unit of diversified soft drinks group Fraser Neave Ltd, said yesterday it had no immediate plans to delist its Sri
        Reuters  -  263 words
      • Article
        Lock icon NZ brewer DB Group's H2 profit down 23%
        197 16 Interest income drops while sales increase 2^% Bloomberg [AUCKLAND] DB Group Ltd's indicated second-half profit fell 23 per cent, reflecting a decline in interest income for the New Zealand brewer after a capital return the previous year, while sales rose. The company
        Bloomberg  -  197 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article, Illustration
        Drug firms Zeneca, Astra in US$35b merger
        598 17  -  New entity will be world's 6th largest; US$l Jb savings a year expected From Neil Behrmann in London IN a US$35 billion (5557.7 billion) stock deal, Britain's Zeneca Group and Sweden's Astra yesterday agreed to merge, forming the world's sixth biggest pharmaceutical business
        598 words
      • Article, Illustration
        Wheelock reports 71% plunge in interim profit
        598 17  -  Wharf, other units' contributions fall, interest costs rise From( Quak Hiang Whai in Hongkong WHEELOCK and Company, the ultimate parent of Marco Polo Developments, yesterday unveiled a 71 per cent drop in interim profits, dragged down by significantly lower contributions from its principal
        598 words
      • COMPANY Briefs
        • Article
          SALE bays SilkAir Boeings
          74 17 [SINGAPORE] Singapore Aircraft Leasing Enterprise (SALE) yesterday said it bought two Boeing 737-300 aircraft from Silk Air, one of which is to be leased back immediately until October 1999. The second aircraft will be delivered in April. SALE will also take delivery of seven A 320
          74 words
        • Article
          WBL unit in China property tie-up
          68 17 [SINGAPORE] WBL Corp's 66.7 per cent subsidiary in China, Shenyang Huaxin International Realty Co Ltd, has entered into a 50-50 joint venture with Suzhou-based SIP Investment Co to engage in residential development in the Suzhou Industrial Park. The joint venture is registered in Suzhou
          68 words
        • Article
          ST Aerospace buys rest of iTS
          60 17 [SINGAPORE] Singapore Technologies Engineering's wholly-owned subsidiary, Singapore Technologies Aerospace, has acquired the remaining 49 per cent, or 3.84 million shares, in ITS Technologies Pte Ltd (ITS) from its joint venture partner, Inch Inver Invest BV, for $5 million. iTS is a solutions provider of
          60 words
        • Article
          ING names new Asian equity head
          42 17 [SINGAPORE] ING Barings has appointed Tom Hester as regional head of Asian equity sales, ex-Japan. Mr Hester, 33, was previously head of South-east Asian sales at ING Barings in London. He will be based in Hongkong.
          42 words
      • Article
        Lock icon NYSE seat sold for US$50,000 less than last sale in Oct
        272 17 Bloomberg Reuters [NEW YORK] A New York Stock Exchange seat sold for U551,225 million (552.02 million), down US$5O,OOO from the last sale on Oct 21. Owning a seat at the world's biggest stock exchange gives the holder the right
        Bloomberg; Reuters  -  272 words
      • Article
        Lock icon Brierley head quits other work to focus on new role
        312 17 Bloomberg [WELLINGTON] Brierley Investments Ltd chairman and chief executive-elect Selwyn Cushing has resigned from his role as deputy chairman of Eastern Equities Corp, and is likely to leave the boards of other companies to devote his energy to the debt-laden
        Bloomberg  -  312 words
      • Article
        Lock icon British Telecoms, New T&T in deal ahead of HK liberalisation
        262 17 Operators preparing for opening up of market on Jan 1 Bloomberg [HONGKONG] British Telecommunications pic, the UK's biggest phone company, agreed to accept incoming calls from New T&T Hong Kong Ltd, the latest foreign phone concern to forge a partnership
        Bloomberg  -  262 words
      • Article
        Lock icon Dow may hit 11,500 next year, says Prudential's Acampora
        399 17 But economic woes, Y2K problems may make for bumpy ride Bloomberg AFP [NEW YORK] Prudential Securities Inc's director of technical research, Ralph Acampora, said on Tuesday the Dow Jones Industrial Average could rise as high as 11,500 by the end of
        Bloomberg; AFP  -  399 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Business slowdown hits Swiss private banking hub
        705 18 Downturn a shock for some banks after recent boom years; slower growth expected next year Reuters [GENEVA] Swiss private banks in Geneva, paragons of stability and a by-word for rock-solid accretions of wealth, expect slower growth in 1999 after being hit by this
        Reuters  -  705 words
      • Article, Illustration
        Lock icon Rouble trouble
        44 18 [MOSCOW] Muscovites passing by an exchange rate poster on Tuesday. Russia's rouble, down almost 70 per cent since its mid-August devaluation, is likely to suffer further this year with little sign that the government or central bank can stop its slide. REUTERS
        REUTERS  -  44 words
      • Article
        Lock icon Deutsche Bank ups euro bond issue to E1.55b on solid demand
        387 18 Analysts see more debt issues to pay for Bankers Trust FT AFP Bloomberg [FRANKFURT] Deutsche Bank, which on Tuesday launched the first big exchangeable bond issue denominated in euros, yesterday raised the loan to E1.55 billion after strong demand.
        FT; AFP; Bloomberg  -  387 words
      • Article
        Lock icon KL Commex: allow banks to trade in derivatives
        159 18 AFX-Asia [KUALA LUMPUR] The Commodity and Monetary Exchange of Malaysia (Commex) has sought Bank Negara's approval for banks to trade in commodity derivatives, Bernama news agency reported yesterday, quoting executive chairman Syed Abdul Jabbar Shahabudin as saying. "We have approached Bank Negara
        AFX-Asia  -  159 words
      • Article
        Lock icon AMP raises bid for GIO by A$290m to A$3.3b
        487 18 GIO rejects offer immediately, saying it's too low Reuters [SYDNEY] Australia's largest life insurer and funds manager AMP Ltd bowed to market forces and increased its bid for GIO Australia Holdings Ltd by about As29o million (*****.1 million) yesterday valuing GIO
        Reuters  -  487 words
      • Article
        Lock icon SEC wants accounting firms to tighten controls
        360 18 It is alarmed at rise in fraud cases, asks big firms to make auditors independent from clients NYT [WASHINGTON] Concerned that some auditors may no longer be independent from clients, securities regulators are questioning whether accountants can police themselves and have asked the
        NYT  -  360 words
      • Article
        Lock icon Head of GE Capital resigns in expected shake-up
        308 18 NYT [NEW YORK) In a management shake-up that had been the subject of months of speculation, Gary Wendt resigned on Tuesday as the head of GE Capital Services, the huge fi-nancial-services arm of the General Electric Co (GE). Mr Wendt, 56, viewed
        NYT  -  308 words
      • Article
        Futures up on signs of consumer confidence
        210 19  -  Reports MSfIT gjfigppmro TtiHw Bob Butcher, Jardine Fleming IF you were clever enough to buy the MSCI Singapore Index futures a few minutes after the opening, you would have bought the lows of the December contract day at 208.50. The market rallied steadily
        210 words
      • Article
        Futures down on institutional selling
        158 19  -  MSC3 Taiwan ftitnres Perry Gilbert, Refco Singapore THE Simex MSCI Taiwan Stock Index futures witnessed downward pressure over the session as the shares traded in thin volume. Institutional traders were noted sellers over the session. The narrowing of the premium of the Taiwan December 98
        158 words
      • Article
        Lock icon Gulf states' pledge fails to inspire market
        356 19 ENERGY REPORT Reuters [LONDON] Oil prices hovered within striking range of historic lows yesterday despite Gulf Arab states' new commitment to extend measures already in place against a global supply glut. A big build-up in heating oil stocks in the huge United States
        Reuters  -  356 words
      • Article
        Lock icon CURRENCY REPORT
        317 19 AFX-Asia, Bloomberg Bloomberg London THE dollar was weaker against most major currencies in Jate afternoon trade after rumours circulated through the market that a large US hedge fund had struck trouble as a result of recent financial crises in emerging markets, dealers said. They said the rumours were
        AFX-Asia, Bloomberg; Bloomberg  -  317 words
      • Article, Illustration
        Untitled
        1288 19 INTERBANK CROSS RATES C$ ECU ffr Pwi HK$ Ind tts lupnh Yen Won m 82$ Pak »i Nso S$ >m< Sfr WT$ Oafct Pom4 tf*< J"®*"* 4 0949 6 J 78 0.521 3.430 1023 4.761 26.165 45.934 0.728 7.466 2.335 1.190 33.324 23.803 1.014 1687 0.834 19.848 22.030 0.371 0.615
        1,288 words
      • Article
        Untitled
        1751 19 gCOMFUTORBS Dec 9 1 RU3BCR (Mini ctoswq cs «ft SJOpn) KS1 CONTRACTS CMtVk«) Ci«M Vetaew OpM JN*» HI* U» Sett (towns) Iwtemt 107.50 150 Fe899 ***** 175 IflOO TT75 Apr/Jw99 115.75 2400 J*/S«e99 120.25 120.25 119.75 75 Od/Oec 99 ***** 75 RSSSCONTMCTflftcmb/M) VotaM Opee Mfto U» Sett (terns) latere** Jen
        1,751 words
    • Article, Illustration
      Lock icon HONKONG
      1354 20 Reuters nH*m Sen* +1021 STOCKS rallied in the last hour of trading yesterday to close slightly higher, lifted by buying in HSBC, but brokers said limited buying interest would keep the index trending sideways this week. "There are rumours of another cut in the base rate by the Bank
      Reuters  -  1,354 words
    • Article, Illustration
      Lock icon CHINA
      483 20 Reuters CI ShaoihenB Inter 48? SHENZHEN'S hard currency B shares closed down in thin trade yesterday, pressured by weakness in Hongkong stocks and uncertainty over China's economic performance, analysts said. The B Index slid 0.87 of a point to 55.92 on turnover of HK$5.6 million. "Turnover is very light
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  483 words
    • Article
      Lock icon TAIPEI
      351 20 AFP AFX-Asia QWP Index -M.77 SHARES closed down 1.3 per cent yesterday in thin trade amid profit-taking and a lack of fresh leads, dealers said. "Investors continued to lock in profits today as there were no fresh leads," said Samson Chueh, research manager of President Securities Investment. "In fact,
      AFP; AFX-Asia  -  351 words
    • Article
      WORLD STOCK MARKETS
      2152 20 LQHOON Mistrials Bee* taa 31 Group 560.000 unch AB Parts 300.000 2.000 AD6*y National 1185.060 5.440 AMed Oomecq 545.000 17.800 AMm) Zurich 835.000 4.000 AllWC 176.400 0.400 Aula Group 149 200 -3.800 BAT mo 545.000 -27.000 BG P* 386.600 -15.400 B4CC 60.000 unch BOC Group 874.000 -2.000
      2,152 words
    • Article
      Lock icon TOKYO
      1500 20 Bloomberg n Nikkei 225 +123.70 JAPANESE stocks rallied in the final half hour of trading ahead of tomorrow's quarterly settlement of futures contracts that can exaggerate profits and losses. Toyota Motor Corp and Honda Motor Co, which together are 5 per cent of the benchmark stock average, contributed the
      Bloomberg  -  1,500 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        9011 21 INDUSTRIALS Consumer products Last vol Day Mat Cap HWi Law Company Sa>a OOO High Law P/Z 9mm 320 170 Ajinomolo 308 -8 5 308 288 17.0 124 8 148 35 Angkasa 103 6 141 103 90 151.9 310 123 Apollo Food Hlg 280 27 2 280 280 9 7 112
        9,011 words
      • Article, Illustration
        Lock icon Dr M's planned meeting with funds lifts mood
        408 21 AFP Q Composite Index +11.33 MALAYSIAN share prices closed 2.2 per cent higher yesterday as institutional investors stepped up buying in anticipation of Prime Minister Mahathir Mohamad's meeting with fund managers tomorrow. "Investors expect such a meeting might enhance foreign participation in
        AFP  -  408 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2465 22 MHOS, LOANS ft VARIANTS wt 1990 Last Vo4 D«y Lut Ouot# Avq High Law Stna Comptny Sat* ♦<*- (OOO) High Lew Buyar Sailar Prica 20.5 3 3160 *Actr ******1 USS 12.5 -15 505 13.5 12.5 12 12.5 95 4.5 3164 Acma ******4 16 *1 290 16.5 15 16 16.5 1
        2,465 words
      • Article
        CLOB INTERNATIONAL
        233 22 HONGKONG STOCKS 0c Or 1998 Last Vot On Last Ouot• D<v 04v YM Nat M Can High Low Stno Cwnpany SaH COOP) Ht» Law Buyar S—r C'VT P/E jmU 400 250 5123 COL (2000) HK 400 400 8.0 2.4 2.0 20-5 7744.7 5124 Cathay Pac 20c HK_ 720
        233 words
      • Article
        Shares down, warrants up
        208 22  -  WARRANT WATCH By R Sivanithy WHAT'S going on in the warrant seg ment? Not only is the volume shooting up, we're seeing a rather odd phenomenon of warrant prices rising despite falls in the underlying shares. Some cases in point are GK Goh and Hai Sun
        208 words
    • Article
      Lock icon WELLINGTON
      261 22 AFP £5 Wellington NEW Zealand's share market withstood higher interest rates and softness on Wall Street to close a few points up in mixed trading yesterday. Stocks were up 0.3 per cent on light turnover of NZ$BO.4 million. The NZSE-40 Index ended up 6.2 points to 1,918.95. OK* MS
      AFP  -  261 words
    • Article, Illustration
      Lock icon JAKARTA
      723 22 AFP P Composite Index -OJ2 INDONESIAN shares closed nearly flat yesterday, shedding 0.03 per cent on concerns over former president Suharto's wealth probe, dealers said. "The market was very quiet today," a dealer with a local brokerage said, adding that most players were sidelined and waiting to see how
      AFP  -  723 words
    • Article
      Lock icon SEOUL
      417 22 AFP n Composite Index jM? SOUTH Korean shares closed 3.3 per cent higher yesterday on active buying amid expectations of further gains after the expiry of the December futures contract, dealers said. "The upward momentum does not seem likely to come to an end any time soon," said Tongyang
      AFP  -  417 words
    • Article
      Lock icon SYDNEY
      586 22 AFP P All Ordinaries -2LB AUSTRALIAN shares closed down 0.8 per cent yesterday following the downward swing on Wall Street. The All Ordinaries Index closed down 21.8 points at 2,750.0. The All Industrials Index closed down 30.3 points at 4,926.4 while the All Resources ended down 16.4 points at
      AFP  -  586 words
    • Article, Illustration
      Lock icon BANGKOK
      774 22 AFP Q SET Index +9.27 THAI shares closed up 2.6 per cent yesterday on speculative buying of big banking issues amid an easing of concerns over capital write-downs in the sector, analysts said. A move by the country's fourth-largest bank, Siam Commercial Bank pic, to ask for government support
      AFP  -  774 words
    • Article
      Lock icon MANILA
      298 22 AFP □Manila -4&51 PHILIPPINE share prices closed down 2.5 per cent yesterday in listless trade as foreign investors stayed clear of the market, analysts said. The Philippine Stock Exchange Composite Index fell 46.51 points to close at 1,769.34. Volume was up at 1.3 billion shares worth 1.8 billion pesos.
      AFP  -  298 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6455 23 Transaction date Pi-: i j 6f at m «rt f*M Laot Vol Day Last Oust* Mv Wv YM NX Ca Am w» u» »w CiH—> Wl roooi H» U» Imt loBor Cw w IM Ma MUITMNDUSTVY V42 49.5 m t WOO AcmaSOc 74 *0.5
      6,455 words
    • Article
      SESDAQ
      1179 23 Qf or m art 1998 LMt V«l On LMt Ouota Mv OK VM Mat Cat Ava HN* L— 8tw» Cl1»! tm rooot H» L— lnw «a«af Car E/I »< Ww MANUFACTUtMS 243 30 2049 -ASAutolOc 112 -2 556 115 m 112 113 15 ON 7.0 U 10.6 127.9 117
      1,179 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Untitled
        416 24 Stocks Volume CSA Hldgs 20c 37,807,000 Keppel LandWOO 14,298,000 Keppel Bank 9,840,000 Keppel Land50c 9,124,000 SembCorpI 25c 8,185,000 Keppel Cofp 7,898,000 DBS Land 7,238,000 Keppel Bank Wt 7.078,000 *TanChonglnt50c 5,973,000 ST Engg 10c....- 5,835,000 Stocks OCBC Foreign 50,519,507 UOB Foreign 50,282,178 SPH 43,363,289 Keppel Corp 38.935.700 CSA HWgs 20c 38.740,740
        416 words
      • Article, Illustration
        STI back above 1,400 level as funds swarm market
        689 24  -  STOCK MARKET COMMENTARY Bank shares still the driving force; demand for Keppel counters mystifies brokers; Salomon latest to issue positive comments By R Sivanithy [SINGAPORE) The play on bank counters continued in high gear yesterday as foreign money poured into the
        689 words
      • ON THE GRAPEVINE
        • Article
          The other side of lower rates
          144 24 LOWER interest rates have driven the Asian market rally over the past three months, but how much longer can that last? In his latest newsletter. Investment adviser David Fuller concedes that cuts In short-term interest rates have been good news for stock martlets and
          144 words
        • Article
          Ministry of spending for Japan?
          90 24 HOW can Japanese consumers be induced to spend? That has to have been one of the trickiest challenges facing any policymaker in the *****. Successive Japanese governments have tried everything—nine economic stimulus packages, tax cuts, the distribution of cash vouchers to buy necessities, you name
          90 words
        • Article
          Gamuda to dip into water business?
          132 24 HIGHWAY concessionaire Gamuda Bhd looks set to expand its business into water privatisation, according to analysts tracking the stock. The company, which already owns three toll concessions in the Klang Valley, has made a bid to secure a water supply scheme believed to be
          132 words
        • Article
          Fruits of wisdom
          83 24 THE nine-year-old daughter of a US couple wanted to know what all the fuss was about when the Starr report came out. Her progressive parents answered her as diplomatically as possible. The next morning, reported The New York Times, Nina asked whether the president of the US
          83 words
      • Article, Illustration
        HOT STOCK
        73 24  -  -by Shiv Taneja KEPPEL Land closed five cents higher yesterday at $1.98 on a volume of 9.12 million shares, compared with its 10-day traded average of just over seven million units. In the near term, the counter could see a little more upside, according to the daily RSI
        73 words
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      Page 15 Advertisements Column 1
      127 15 Formerly a military secret. Finally available to a select few. tm OFFICINE PANERAI Where ideas come to life. 9 ITALIAN DESIGN EXCELLENCE AND SWISS TECHNOLOGICAL EXPERTISE GIVE TIME UNRIVALLED FORM AND FUNCTION. HAND-WOUND MECHANICAL MOVEMENT. CASE AND BEZEL IN STAINLCSS STEEL. WATER-RESISTANT iMiii TO A DEPTH OF 300 METRES (985
      127 words
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      158 16 Around the world in 24 hours. MASTER GEOGRAPHIC. u ,v »j{k\ J w wfc. THE WORLD HAS NEVER SEEN A WATCH QUITE s f LIKE THE MECHANICAL S. MASTER GEOGRAPHIC ">.* BEFORE: IT AUTO- K MATICALLY SHOWS THE K i'*" LOCAL TIME AND DATE B flr^St AS WELL AS THE
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      92 17 We Wish All Our Diners A Merry Christmas Jk 6 A Prosperous New year! 11-— A v. i——to cow- Sauc. Whipp«» VL Gritted P«t*« rcorn SaoC S#uce 11 aasg"*gi»- I' I am**** 9 I 1 P«n Boasted Dock Brwst, II IV 1\ I fin*** 0 W \\W Your Strategy rwi
      92 words
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      61 20 "N. N S ,V.«?«. ,~;J- Hello? I'm calling about >y z' Gosh, you're mBO a PPy your advertisement in great...just like un V^ j I you still have the puppy... J described. going to take real gocA^ Ms IK h M Buying or seHM throuah The Straits Times Classified is
      61 words
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      112 23 1 (f^ i W WII The GMT Watch LI W A TWI I|T| A If Ref. No: 2250-1130-71 \Y^B I A m i| />V I I Inspired by nature's three vital elements, i tkil IP flMrAnarah -f*- Blancpain has created a new generation EXCLUSIVELY AVAILABLE AT: SINGAPORE: Cortina Watch Centre
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      7 23 TheßusnessTmes Shipping times 5 days a week
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      2262 24 BUSINESS +\()t I CCS To advertise call toll-free 1800-741 1883| Government of Dubai Dubai Court of First Instance Auction Sale Notice Execution No. 2706/97 Execution Creditor: Continental Engineering Enterprises Private Limited Address Attorney for them Essam Al Tamimi Jassem Abdullah Execution Debtor Bearing Navigation Company Limited (Vessel's Owners) Address C/o.
      2,262 words
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      80 24 mm and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout ceremony. It's another
      80 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      315 25 Bridge News Reuters BROKERS claimed there was nothing new to report apart from what the market had seen earlier. New business was also in short supply. TANKERSc Trading on the tanker market remained slow with a lack of fresh orders across the market. There was little activity reported
      Bridge News; Reuters  -  315 words
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      MARITIME STOCKS
      281 25 m iMi lit CWT NstrlPutJon.. 0.485 *0.005 37 Chuan Hup 0305 -0.02 240 Cosco Investment 0.49 -0.03 2 Freldht Links 0.19 until 570 G8 Holdings 0.38 Ha* Sun Hup 0.43 -0.005 695 Hitachi Zosen 0.705 *0.015 206 IMC Holdings HK 5.60 Jeya Holdings a50 -0.03 5« Jyromg Shipyard—7.00
      281 words
    • Article, Illustration
      Lock icon ECT invites Hutchison to increase its stake
      581 25  -  PSA Corp believed to be among those asked to bid for np to 50% of equity From P T Bangsberg in Manila HONGKONG'S largest container handler is hoping to increase its stake in Europe in addition to interests in Asia and Latin America.
      FILE PHOTO  -  581 words
    • Article, Illustration
      Lock icon Tsavliris director puts getting the job done above all else
      807 25  -  SHIPSHAPE By, Marcus Hand AS a director of Tsavliris Salvage International, George Tsavliris stresses the importance of "getting the job done" above all else. This is something that is reflected even in his own business card, a small white card
      SIEW YAW HOONG  -  807 words
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      Lock icon Hongkong consortiums sign lease for terminal 9
      487 25 Work on HKslob terminal to start early next year Bloomberg [HONGKONG] After seven years of bickering, some of Hongkong's biggest diversified companies signed the lease for a new container terminal, the city's ninth, just as trade flows dry up. Units of Hutchison Whampoa
      Bloomberg  -  487 words
    • Article
      Taca members appeal against EC fines for price-fixing
      281 25  -  Byl Marcus Hand [SINGAPORE] Members of the Trans-Atlantic Conference Agreement (Taca) have lodged an appeal against US$3lB million (*****.7 million) in fines slapped on them by the European Commission (EC) for price-fixing and unfair competition practices. The EC imposed the fines on
      281 words
    • Article, Illustration
      Lock icon Facing woes of own making
      1177 26 BOEING COMPANY US airplane maker's disclosure it would cut its output and work force is latest in string of embarrassments NYT AFTER Boeing Co and McDonnell Douglas Corp announced their US$l6 billion (5526.5 billion) merger in 1996, European regulators nearly blocked the deal because they
      NYT; FILE PHOTO  -  1,177 words
    • Article
      SHIPPING SCHEDULES INDEX
      239 26 PACE ECL S ACL 6 E w 9 r «n 6 ANL 3 Foong Sun 6 9 Accord 8 6 Link 4 Appenship 5 Gemartrans 8 Austral 8 «»Sun Hup 8 Balaji Shpg 4 Hanqli 7 BSA 7 3 B'tang Mas 8 Heung-A 7 CCNI 7 Hyundai
      239 words
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      SHIPPING GUIDE
      15428 33 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Teiepnone ETA ETA Advertiser Vnul Voyaqe Telephone SIN Dest'n Name Nam* Number Number SIN Dest'n Name Name Number Number 23/H 18/01 CSAV CSAV SANTOS 009S 45-*****55 To ABU DHABI (AUH) 2004 U. A. Emirates 21/12 11/01 Norsui csav santos 009s
      15,428 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        767 37 Vtssal Voy No B*rth Arrival Departure Jf »n PWt BrigM Coral 3A J23 alongside 09.12/1230 It UrtiH *****8 J01 a longs K* 0912/1000 It Crtradaya *****8 JOI alongside 1012/2000 »t Jakalrail3 *****8 XI alongside 09.12/2100 Bt P Teter 0€C9 J01 alongside 10.12/0300 Bt to li *****8 JOI alongside
        767 words
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        CONTAINER SCEDULES
        1805 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/lUUoct Rstls Sh, P Voy No Etb/Btr Period From To From 01* 12/1500 U 09/1500 09fl*59 09/1900 ovnoo o*/n59 mil u 09/IT00 10/0*59 >0/0900 2» 01/1700 KV0*51 10/0900 io/o7oo wm wmoo 4 10/1200 WM59 10/1700 AiMntiHm MOOT 1/1500 U 09/1500
        1,805 words
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        GLOBAL HOLIDAYS
        217 37 Deo 12 Mexico: Virgin of Guadalupe (optional). Dee 23 Japan: Emperor's Birthday New Year Holiday. Dee 24 Finland: Christmas Eve. Dee 28 Nether land: Christmas Day. Mexico: Christmas Day. Finland: Christmas Day. Australia: Christmas Day. Austria: Christmas Day. Belgium: Christmas Day. Brunei: Christmas Day. Canada: Christmas Day. Denmark:
        217 words
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        COCKETT BUNKER MARKET REPORT
        932 37 THIS report compiled by Cockett Marine Oil Ltd. show* price rmn«e* in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-sized stem Market movements are indicated The Cockett Bunker Price Index change and the Individual
        932 words
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        VERITAS BUNKER QUALITY REPORT
        501 37 <**• WO Max 990.2 3.9 17.4 0.15 78 0.07 3 Ovniity Water IwMm Art Aluminium Mag No above £25 0 1 1 1 0 0 «M/N 380 Ave 967 9 0.3 15.3 0.07 31 0.02 Umm 380 Max 995.2 0.8 19.6 0.11 61 0.06 WW' W
        501 words
    • AIR&LAND TRANSPORT NEWS
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        Lock icon Garuda seeks new lease terms for 6 Boeing jets
        429 38 Indon carrier to negotiate length of lease, terms of credit with Exim Bank Bloomberg [JAKARTA] PT Garuda Indonesia, the country's flagship airline, is renegotiating terms with the US Export Import Bank for the lease of six Boeing 737 jetliners, said Abdul
        Bloomberg  -  429 words
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        Lock icon BAe-Dase merger: many sticking points remain
        498 38 Announcement on deal nnlikely in next few days Reuters [LONDON] British Aerospace pic and Germany's Dasa may be talking but some notable hurdles remain to be cleared before any merger gets airborne, industry sources said. People in Germany familiar with the situation said an
        Reuters  -  498 words
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        Lock icon Finnair expected to join oneworld
        256 38 Bloomberg [HELSINKI] British Airways Pic and Finnair Oyj were to hold a joint press conference yesterday at which BA was expected to announce the addition of Finland's biggest airline to the oneworld airline grouping. Finnair president Antti Potila said last week that it would join
        Bloomberg; FILE PHOTO  -  256 words
      • Article
        Sale buys two B737-300 aircraft from SilkAir
        295 38 [SINGAPORE] Singapore Aircraft Leasing Enterprise (Sale) has purchased two Boeing 737-300 aircraft from SilkAir, regional wing of Singapore Airlines (SIA). One of the two aircraft will be immediately leased back to Silk Air, and remain in the airline's fleet until April 1999. The
        295 words
      • Article, Illustration
        Lock icon India calls for Asian Airbus-type consortium
        528 38 INDIAN AIRSHOW Multi-nation grouping will boost New Delhi's plans to bnild 100-seater jets AFP [BANGALORE] India plans to build its own passenger jets and set up an Asian airline consortium to insulate it from sanctions handed down after its nuclear tests, the defence minister
        AFP  -  528 words
      • Article
        Lock icon Indian firm ties up with ATR for 50-seafer jet
        243 38 AFP [BANGALORE] India's largest aircraft manufacturer and Franco-Italian consortium ATR have joined hands to build 50-seater planes, officials said. The aircraft, to be built by India's state-owned Hindustan Aeronautical Ltd (HAL) and ATR, is likely to be used by domestic carrier
        AFP  -  243 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1892 38 cm FutHT m ruaiT ot aao> zm tMMi 6A7381 1930 BA7382 2050 FMl WW TT8 S0990 OOP 0f81 1930 Of 82 2050 Guangzhou P9C S0803 T915 C2352 0635 A*8229 2230 C2353 2035 $0004 WB HmoI ¥*741 UK) **740 1410 5009 a3B VW743 *925 Affft9f4ni SO23 0645
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      23 25 Boeing facing woes of own making Disclosure it would cut its output and work force is latest in string of embarrassments. Page 2
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      134 25 Garnda seeks new lease terms for jets Indon carrier to negotiate length of lease, terms of credit of 6 Boeing planes with Exim Bank. BackPage I CSL ASIA I SINGAPORE REPRESENTATIVE OFFICE OF CANADA STEAMSHIP LINES INC. have immediate vacancy for: CHARTERING/ OPERATIONS MANAGER The successful candidate will be expected
      134 words
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      704 26 |SUP«I SHUTTLEEXPWgSB~ I IQULF KARACHI EXPREBB(QKX) SSa VOTA« l« VESSEL VOY JIA MBI |UH WD RAR COt PtG 00a MMOHCA 30W541 02/12 20/12 P*o KOUOYO MHUW 121 25/11 27/11 27/11 29/11 04/12 01/12 12/12 13/12 00CL CALIFORNIA 32W549 09/12 27/12 PIO NEDUOYD DMA! Mi 02/12 04/12 04/12 M/ 12 11/12
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      701 26 /!s»o\ 9 Lines series represented llfjalt) b Me^°'th e ßeg,s,ryo» /Sggt Orders Accredited Shtppmg Agents Association Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETA PKL ETA SIN ETA MALE Princess lily V 9898 21/12. 22/12 38/12 Princess Llh VO99N 12- 01/99 13/81 21/91 LILY MARINE SERVICES SINGAPORE Phone
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      1032 27 I SAX SERVICE (DIRECT) vcsa VOY SMEIA UX OAR PAL HOU OR dX MEM AH MYC APIGARKT 0071 02/12 17/12 22/12 22/12 23/12 22/12 23/12 23/12 24/12 24/12 AftSWNtt 0071 09/12 24/12 29/12 29/12 01/12 29/12 01/12 01/12 02/12 02/12 API TURQUOISE 0211 16/12 31/12 05/01 05/01 06/01 05/01 06/01
      1,032 words
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      Page 27 Advertisements Column 2
      1884 27 HANJIN SHIPPING HANJM SHIPPING PTI ITO Imp //mm bj* can IOOKIMC *****35 737 SALtS 37W774 23$ DOCUMENI 37*0771 774 OMAIWK 37*0741 757 MAM IJNf *****55 fU 777W40 «HO **********0 M TO NW USA A CANADA USA CANADA* for vu/voy mm SM UWHAUI/Vor su nw on T~roi T~ai m St [""mem
      1,884 words
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      Page 27 Advertisements Column 3
      350 27 K MT C provides LCL consolidation to Korea, Japan Outports China on every WEDNESDAY, FRIDAY. For enquiry, please contact us. Tel: 271 2325 Staftn Af— ty fcfc *****75 ttrfsydK ftiin Jvdtat kjmAm Mi M IkfkH POtTS ttatesr" ->•»»»«SftJ wZwwLttllSfc.o 1J*****00N11 (UIM-UJMM (h.l 04-JU4l4* lUGA (TK), CHB4 (CHOIFMUTUIA (FIT), MUtt (N*T)
      350 words
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      1379 28 DSR-SENATOR LINES TO UK/CONTINENT TO MEDf mUtANEAN/CANADA otna dot wi la urn mi hwi w< fu vtnti voy w mt h* kis vie nrrn TMOffIHWfTY MtSI 1112 03 01 K.«l JIM KOI Hl2 PAOFIC SENATOR WMH3 111! 7711 1111 1112 «2 01 Mr KAMJtN POAT LAND WNMI 15 12 HIM
      1,379 words
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      Page 28 Advertisements Column 2
      986 28 m. AM MAC-NELS S PORE M'SIA Carrier: MN CONTR LINES, INC p. guoang: (or) MKra I~IWV~ J «HMOi1»*TiOOOOB SIBU: (064) *****9 MANILA: (632) *****24 V PENANG: (04)*****36 BANGKOK: (662) *****67 SURABAYA: (31)*****0 P. KELANQ: (08) *****77 JKT: (21) *****07 MDN: (61) *****3 KUCMNQ (082) *****1-3 NEW YORK EX "CAPE MAY"
      986 words
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      645 28 LINE y tili iniiM paxi mini MUARA 1 I LABUAN ~j vssa w m n vissa vot etc eta sratf MUMU SPOtt KM CAIAKAJNH-32 V2OVOO 10/12 21/12 STMfTSMPt Y331/W 17/1221/12 SIUITSHOPI V3X/W 17/12 20/12 (AAAAAMO-32 V2II/W 25/12 2f/12 CAJUAA JNB-J2 V2II/00 25/12 21/12 SIMIR NOP! V34C/00 27/12 31/12 STIAfTSHOPI V
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      1286 29 [VESSEL VOY I SIN SIR I PKQ PEW PQB DUB SHJ BA BIK IRAN VAHDAT PJLI32S 08/12 03/12 18/12 17/12 19/12 21/12 TBN 12/12 22/12 21/12 23/12 28/12 IRAN SATTARI PJLI323 24/12 03/01 02/01 04/01 08/01 IRAN BABAEI PJLI32B 01/01 11/01 10/01 12/01 14/01 POB~ Mini Qaboos. OUB Dubai. SHJ
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      1971 29 Wnkly to Kvrtpt iili Portil Ivory Monday and Saturday I Diro<t to iro—ooliowoo 10 doyt J I" SINGAPORE'S GENERAL AGENTS: 6 SNENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/L) COSTAR SHIPPING PTE LTD #i7-o«disiidg saies/brgs 4?osss7/60 inward dept <d/o) *****8S COSTAR AGENCIES (M) SDN BHD CR NO: **********0 M
      1,971 words
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      Page 29 Advertisements Column 3
      680 29 EASTERN CAR LINER, LTD. i\A ia (SINGAPORE) PTE LTD 1 SPECIALIZE IN RORO 4 HEAVY LIFT UPTO 4SO TOMS I ECL (SINGAPORE) PTE UD LOAD NG FOR ~T MV "OCEAN BLUE" V 64 wnisni ikd v.ir ETA SN 12/12/98 ETA PKL 14/12/98 ETA CIB 17/12/98 ETA SIN 13/12/98 ETA PKL
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      1386 30 EUROPEAIK/SCANDIWAVIA/FIWLAHD/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHV TMP ROM ANW HBG PKI SGP I. DYNAMIC RW-002 13/12 02/01 02AI1 03/01 04/01 01/U1 06/01 E RIGHT RE 036 12/11 14/11 13/11 16/11 17/11 10/12 11/12 I. OEVOTE RW-004 H/12 06,111 13/01 06/01 11/01 12/01 13/01 E REWARD RE-031 16/11
      1,386 words
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      Page 30 Advertisements Column 2
      1099 30 ADVANCE CONTAINER LINES (PTE) LTD AP I 140 Cecil Street, #12-00, PlLBuiWing. Singapore *****0 LI TEI-: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E OPERATIONS: *************** BANGKOK JAKARTA f Wotly 5 Sl|* P*T/l Sift ICH/1 SH Mil (5 Sallln««/WMk) vissa VOY W I HOC Witt Ivor I jkt
      1,099 words
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      Page 30 Advertisements Column 3
      621 30 ria. NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vtssa VOY sw pui QUI JMI CPT tCB NANTAI DRAGON *0105 11/12 21/12 01/01 05/01 oi/01 WAKTAIPtINCE VO26S 27/12 10/01 "lyoT M/oT NAOTAI VENUS >0315 03/01 12/01 It/01 19/01 20/01 23/01 GOLDEN DRAGON V 0095 11/01 20/01 24/01 27/01 21/01
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      480 31 BSfl x -mm MYANMA pBBk FIVE STAR LINE r (Myo nmor National Una) Loading for Yongon (Rangoon) Vissa VOY SIN PKL PEH PGU smwi «3w $u> DAWEI 2W 10/12 MALAYSIA AGENTS: BOUSTUD SHIPPING AGENCIES KUL Til (03)*****00 PKL TEL (03)*****01 PtN: TU (04)*****02 PGU: TU (07) *****21/4 BANK LINE (A
      480 words
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      Page 31 Advertisements Column 2
      1637 31 HMN^ HYUNDAI MERCHANT MARINE CO., LTD. IVKSa VOY I SM4 SOU LEH RTM ANT HAM IRV Fa IVESSa VOY SOU LBt RIRI AWT HAM lIV HI {A HY COMMOOORE 316W 10/12 28/12 02/01 31/12 30/12 THAMES SSIE 16/11 21/1118/11 19/11 10/12 RHME 524W 11/12 02/01 30/12 27/12 29/12 NOl AGATE
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      Page 31 Advertisements Column 3
      953 31 Bl norwwjon spec lokzed aukxamtn TO NORTH AND LATIN AMERICA "*ORO HEAYTUFT SERVICE* [VESSEL vor BAMP HEIGHT SIN LAX CRL MIA SAV lAL ORF NYC NEW MOO TOO IK Ot NG F824 400 TOM 6.3* 14/12 09/01 11/01 21/01 23/01 25/01 26/01 27/01 01/12 OS/02 TAMOU F9Ol 400 Tms 6.3
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      873 32 BANGKOK/ MAP TA PHUT/ LAEM CHABANG JAKARTA/PAN JANQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN KITI BHUM 83N "In Pt 13/12~ 12/12 GURU BHUM 107 SB In Pt 13/12 MATHU BHUM 393N 12/12 18/12 15/12 DEJA BHUM 777S 12/12 18/12 YANTRA BHUM" 270N 13/12 16/12 17/12
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      Page 32 Advertisements Column 2
      571 32 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE vu vot r s roti fom/rout rggg mhkh vissil j3l I n/n I i»/n own n/n TO AUSTRALIA FULL CONTAINER SERVICE WL VOT I ncc mTI m m srp m ma mh he m m u/ii n/i J n/» »/n a/II m/ii
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      Page 32 Advertisements Column 3
      959 32 I VESSELS I VOY I SN PKL MLA LEH RTM VILLEOE TANYA T29W IVI2 1&-12 28/12 OVOI oSoi nm mm SS VUXE DE TAURUS A29W 22/12 23/12 04/01 11/01 12A)1 VILLE D'AQUARIUS U29W 30/12 11/01 18/01 I*ol asoi VILLE DE ANTARES L29W C»QI 08/01 18AM 25/01 28/01 zi/W »oi iSoi
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      Page 32 Advertisements Column 4
      16 32 CONVENTIONAI/BREAKBULK SERVICE LOAOINO FOO COiOMOO/CALCUTTA 1111.M LOADING FOR DUBAI/AW DHAM/DMM 19.11N LOAOINO POO MAORAS/CNKNNAI/CHITTAOONO 1111 M
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      48 33 DIRECT SERVICE t to INDONESIA fj, PT- Pelayaran Meratus HUAL Check It Out Page 6 On Page 13 i New Service To Shanghai direct SER vicy /j to Calcutta' j TjSi Wan Hai Lines shippil J 'f 4 a 9 e 5 p a g e 12 (Mon/Wed/Fri)
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      50 35 VaTal srdC*fcDial74o-6000 Oil GGITIdnG > ||g?l||| (Retrieve more schedules!) Press "1" I JC\ Select the port and key in the four digit code >JHfeeg: To New York (NYC) 2275 jnkg Key in your fax number J|. your phone number Another innovative service offered by document Will bfe SHIPPING TIMES JU
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      152 36 f "N 1 FREE Reader Enquiry Service cut out and fax to 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a
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  • Page 37 Miscellaneous
    • Miscellaneous
      Page 37 Miscellaneous Column 1
      129 37 LEGEND: R Thunderstorm Temperature c X\ V Shower Weother Wmd d*ection with speed m knot* Rom Cloudy Sfcy Wove height Surface winds ore indicated by orrows wfcicti fty witti the wind Q One HM c,de represents calm or kght and vonoNe wmds W One half fleche represents 5 knots n
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