The Business Times, 13 January 1999

Total Pages: 38
1 38 The Business Times
  • 13 1 THE BUSINESS TIMES MITA (P) 046/12/98 85C SINGAPORE Internet http://business-times.asial.com.sg/ WEDNESDAY, JANUARY 13,1999
    13 words
  • 61 1 DUBCJ6(-6.10) ki cue (-7.41) namnmißEß mm 7MM (-1.52) ££mrmoo* STOCK HilKET DODKES Tuesday tihaoge kIjSeoonp mn -its NIKKEI 11J00J7 -7J1 HANG SENG 10,7 ltM ♦77» SET INDEX m»l +0J1 JAKARTA COMP —4)0.10 -1.11 MANILA COMP 2.I4&4C TAIPEI WPt MOM -4110 SEOUL COMP S31.11 -0.70 C1&A CHINA B M4.00
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  • 70 1 F08EXIATEB USS SI USS LS7I 2(USS/Stper£) 1JI1 1718 GUftO(USS/SS per E) 1.149 MM DM 1.701 MM YEN 1116 1.4M* KM UN 0.442 HKJ 7.748 Ml? MOT SMI MM RUPIAH MM M!l PUKE BATES SINGAPORE* Ml KUALA LUMPUR 11.M JAKARTA 28.M BANGKOK 1471 MANILA SJt HONGKONG Mil TAIPEI SM SYDNEY
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  • 600 1  -  Consultants' tallies show at least 6,000 units sold last year By\ Marissa Chew [SINGAPORE] The surge in private housing sales late last year pushed up the total take-up figure for the year to a surprising level of at least
    600 words
  • 631 1  -  But analysts cantion hikes at 8 projects are net reflective of general market By Carol Eng [SINGAPORE] Developers have raised prices of at least eight private residential projects by between 1.5 and 17 per cent in the last three months. The higher prices reflect their
    631 words
  • 607 1  -  Oversold market spooked by talk of BOJ intervention By 1 Larry Woo, Von Sreenivasan [SINGAPORE] The surging Japanese yen suffered a 4-yen reverse against the US dollar in Asian trading yesterday as talk of Bank of Japan intervention spooked a market described by traders
    Source Budge  -  607 words
  • 188 1 [SINGAPORE] The Monetary Authority of Singapore is reviewing the issue of letting foreign banks access the ATM network currently shared among the local banks. The MAS said this in response to a question from BT on whether foreign banks are restricted from issuing
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  • 588 1  -  Firm says it's still reviewing options, no final decision yet By, Jennifer Lien [SINGAPORE] Disk drive maker Western Digital (WD) may shut its Tuas plant and move high-end drive production to its desktop plant in Chai Chee, a move that could result in
    588 words
  • Page 1 Advertisements
    • 144 1 DfSIDB NU^ The merger of Rothmans International and British American Tobacco pic in London could result in the delisting of one of their Singapore units, say analysts, PglS EptagMrtuntt Several local financial institutions, including three of the Big Four banks, are said to be eyeing the local retail assets of
      144 words
    • 20 1 Why the yen seems to defy gravity, Money Matters Pg 4 BOJ intervenes to curb yen's sharp rise, Pg 5
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    • 139 1 Why BBC was dumped 6 Our problem with the BBC Service there (China) was that you've got a bunch of people in London who couldn't run a half-hour news service without J a film clip of Tiananmen Square KHMMI JJ five years after the event. 9 \w Rupert Murdoch, chairman
      139 words
    • 32 1 27,000 workers retrenched last year: Boon Yang,Pg2 Shipping Tim** PSA throughput up 7% to hit 15.1 m TEUs last year, Pg 1 Toxic ship Encounter Bay should have been detained: activists, pgi
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  • SINGAPORE AT HOME & ABROAD
    • 482 2  -  Hong Leong group, OUB confirm interest; others said to be OCBC, DBS By I Conrad Raj [SINGAPORE] Several local financial institutions, including three of the Big Four banks, are said to be eyeing the local retail assets of the Bank of America
      482 words
    • 245 2 THE National University of Singapore, collaborating with top foreign counterparts such as the Massachusetts Institute of Technology (MIT), is encouraging more young Singaporeans to be high-tech entrepreneurs, or technopreneurs. NUS recently established the Centre for Management of Innovation and Technopreneurship (CMIT) which
      245 words
    • 604 2  -  He is still bullish on Asia bnt sceptical about the Internet By Catherine Ong GLOBAL media titan Rupert Murdoch said he is scouting for opportunities in the Chinese film industry in Singapore and remains "very, very bullish" on Asia despite the
      604 words
    • 361 2  -  By Clarissa Tan BANKING by mobile phone while abroad can be expensive, but Citibank and Ml yesterday cut the cost to just 20 cents per transaction. The American bank an aggressive consumer banking player here and the mobile phone operator yesterday
      361 words
    • 319 2  -  EYE OH THE ECONOMY Outlook By. Anna Teo THE recovery of the Singapore economy from the present downturn will be more muted than in past business cycles, and deflation now seems a more likely threat to growth prospects, says Standard Poor's (S&P). In its full
      Sourc*: S&P  -  319 words
    • 437 2  -  Layoffs in Q4 total 6,000, indicating slowing rate By] Eugene Low SOME 6,000 workers were laid off in the fourth quarter last year, bringing the total number of retrenchments to about 27,000 in 1998, preliminary figures from the Ministry of Manpower (MOM) show.
      437 words
    • 294 2 SINGAPORE may well be among the 20 slowest-grow-ing economies in the world this year, alongside Hongkong, Indonesia, Thailand and Malaysia, said the Economist Intelligence Unit (EIU). The ElU's annual forecasting guide, World Outlook, estimates an economic contraction of 0.9 per cent for Singapore
      294 words
    • 153 2 INFINEUM, a new global petroleum additives company arising from a joint venture between Exxon Chemical, Shell Petroleum and Shell Chemical, has just started operations. In Singapore, Infineum will sell additives for fuels and lubricants to industrial customers. The company has taken over a former US$2OO
      153 words
    • 322 2  -  By, Audrey Tan SOME 60 per cent of the industrial tenants offered new premises under the Housing Board's redevelopment scheme have decided to relocate in HDB's multi-storey industrial buildings. Of the 661 tenants affected so far, 389 have accepted HDB's offer. Others (34 per
      322 words
    • 511 2  -  But he accepts that developers use terms interchangeably By Corinne Kerk THE former chief valuer and chief assessor at the Inland Revenue Authority of Singapore (IRAS) yesterday told the court that "built-in" and "built-up" areas mean different things to him. Lim Soo Chin, IRAS' chief
      511 words
    • 472 3  -  They produced 18-20% returns in S'pore in '96 against 10% among Asians By. Anna Teo AMERICAN and European investors in Singapore generated higher returns than those from Asia, a Department of Statistics report on foreign investments covering 1995 and 1996 found. According to the
      472 words
    • 423 3  -  By. Eugene Low TO help local companies expand beyond regional markets, the government will safeguard against possible protectionist pressures while negotiating for market access for Singapore firms, Minister for Foreign Affairs S Jayakumar said yesterday. He was delivering the keynote address
      423 words
    • 544 3  -  Prem&s Intl aims to be top-notch player in regional market By David Boey PIDEMCO Land's property management division shed its low-profile image yesterday as it made its debut as a full-fledged company that has set its sights on becoming a top-notch player in
      544 words

  • Page 3 Advertisements
    • 7 3 Thursdays China Watch by Lu Ning THEI&SINESSTIMES
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    • 75 3 As the world's most global telecommunications company, Cable Wireless unites 17 million customers in over 70 countries. With our new energy, we're connecting governments, businesses and individuals alike. And with customised solutions as varied as fixed line telephony, mobile communications, Internet, home banking and video-on-demand, people are talking the world
      75 words

  • FOCUS: MONEY MATTERS
    • 1461 4  -  Sustained strength could set back Asia's economic recovery HU Larry Wee [SINGAPORE] IF price action in the first full trading week of the year is anything to go by, we could be in for some unexpected moves this year. The Dow, despite its
      Sourc* KypcV»rnmt«n»  -  1,461 words
    • 828 4  -  It manages a sum totalling over 30% of nation's savings base By\ Larry Wee [SINGAPORE] Decisions made by the Trust Fund Bureau (TFB) of Japan's Ministry of Finance (MOF) are so important to analyse because it is responsible for collecting and managing a sum equivalent
      828 words
  • Page 4 Advertisements
    • 79 4 W- rr-lii MMin f? V I nil'Ml I'll Mini side of ship itt ill f 'Mtf MHv ITS^?** ii />w> >^tH>h^ii,> l J. Jf f I if gM**wLJillJ -rar ffjßfti'Ju^"'' l tjf S Ij I f w*-r-VZ?,*! indmilyhit Im.j*— til- fftout *«■■*MaoW g? jftsy ry \~i S i mim?*" In
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  • ASIA'S ECONOMIC SLUMP
    • 537 5  -  But currency expected to resume its appreciation before long From, Anthony Rowley in Tokyo THE Bank of Japan (BOJ) intervened yesterday to halt the sharp rise of the yen after it hit a 28-month high of 108.21 to the dollar in New York
      537 words
    • 183 5 It could force M'sia to revise its currency peg Reuters [TOKYO] Malaysian Prime Minister Mahathir Mohamad said a drastically higher yen could harm his country's currency, the ringgit, and lead to a change in its fixed rate policy, a Japanese newspaper reported yesterday.
      Reuters  -  183 words
    • 274 5 Talks also expected to cover closer Sino-US cooperation AFP [BEIJING} US Federal Reserve chairman Alan Greenspan held talks yesterday with Chinese Premier Zhu Rongji expected to focus on China's currency stability amid the collapse of a major trust firm and Asia's financial crisis. Mr
      AFP  -  274 words
  • Page 5 Advertisements
    • 27 5 Editorial: The dangerous Dow, Pg 10 China's courts face test case with Gitic, Pg 8 The Straits Times Classified Where 5 b Y advertising j=s~ your garage
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    • 115 5 Otrachi's yen ambitions may be off track, Pg 10 (MB W A Audi Automatic or manual, there's nothing like tiptronic transmission. The Audi's five-speed tiptronic is the there allows you between automatic and manual Then transmission as you drive. But excitement and fun begin as you To to it. Or
      115 words

  • REGION
    • 232 6 JAKARTA Reuters INDONESIA'S economy should start to recover from next year as long as there is political stability, a leading private economic think-tank, Econit, said yesterday. "Indonesia's economy will still see a contraction of minus 4 per cent in 1999 (and) enter a phase
      Reuters  -  232 words
    • 220 6 Insurers have till June 2003 to comply with 51% limit AFP [KUALA LUMPUR] The National Economic Action Council said yesterday that insurance companies had been given until June 2003 to reduce foreign equity participation to below 51 per cent. The council said the
      AFP  -  220 words
    • 470 6 JAKARTA Parliament wants less spent on bank bail-out scheme; queries assumptions Reuters INDONESIA'S suddenly pugnacious parliament yesterday told the government to revise key areas of its proposed budget, including a bank bailout scheme which is the cornerstone of eventual economic recovery. In
      Reuters  -  470 words
    • 77 6 [JAKARTA] An Indonesian security man yesterday checking bullet holes on the window display of a Bank International Indonesia branch after a bank robber engaged in a shoot-out in Plaza Indonesia, one of Jakarta's most prestigious shopping malls. The robber, identified by police as a
      AFP  -  77 words
    • 155 6 ■BANGKOK Reuters THAILAND'S state-run Financial Sector Restructuring Authority (FRA) yesterday signed contracts to sell some 156 billion baht (557.2 billion) of financial and commercial assets left by 56 defunct finance firms. The contracts were with seven groups of bidders. Thailand closed the
      Reuters  -  155 words
    • 432 6  -  By: Lu Ning [SINGAPORE] China's overall foreign trade fell 0.4 per cent last year, the first contraction since 1983, despite a new record in its trade surplus, official Chinese customs figures released on Monday showed. In 1998,
      432 words
    • 182 6 BEIJING Bloomberg CHINA'S foreign exchange reserves totalled US$l45 billion (*****.4 billion) at the end of 1998, about US$5 billion more than at the start of last year, a central bank official said. Last month Chinese central bank officials said the country's foreign exchange reserves stood
      Bloomberg  -  182 words
    • 532 6 ANWAR'S TRIAL It says amendments are to the wording, not the offence Reuters [KUALA LUMPUR] The prosecution in the trial of Malaysia's sacked finance minister Anwar Ibrahim said yesterday it plans to amend four corruption charges lodged more than three months ago against
      Reuters; REUTERS  -  532 words
    • 423 6  -  He's likely to cover Terengg&nu, Perlis, Kelantan and Kedah From Eddie Toh in Kuala Lumpur PRIME Minister Mahathir Mohamad will begin his preelection tour of Malaysia after the Hari Raya festive season on Jan 20, according to an aide.
      423 words
    • 447 6  -  New deals makeup 2nd phase of 145-ha industrial estate From, Al Labita in Manila SINGAPORE'S Jurong Town Corp (JTC) unveiled in Manila yesterday US$l7O million (*****.3 million) worth of expansion projects to cash in on the Philippines' buoyant investment climate. JTC chief
      447 words
    • 283 8 HONGKONG Investment firm having trouble pinking repayment Bloomberg Bridge News [HONGKONG] Guangdong Enterprises Holdings Ltd, an ailing investment firm owned by China's Guangdong province, owes creditors a total US$3.l7 billion (555.3 billion) that it is having trouble repaying, one of its subsidiaries said yesterday.
      Bloomberg; Bridge News  -  283 words
    • 582 8 OZTIC DEBACLE Lawyers see new bankruptcy code emerging after first ever liquidation Bloomberg IGUANGZHOUJ China's decision to have creditors fight in court for US$4 billion (556.7 billion) they're owed in the wake of China's biggest-ever financial failure could help the country prepare for
      Bloomberg; AFP  -  582 words
    • 194 8 TOKYO AFP US ratings agency Moody's Investors Service yesterday raised its ratings for Japan's two nationalised banks, saying both are now expected to receive long-term support. Moody's raised its long-term senior debt ratings for Long-Term Credit Bank of Japan Ltd to medium grade
      AFP  -  194 words
    • 333 8  -  By Lu Ning [SINGAPORE] The Harvard Business School has chosen Hongkong as the location for its first overseas research facility. The Harvard Business School Asia Pacific Research Office is part of Harvard's global expansion plan and was officially opened by its dean, Kim
      333 words
    • 129 8 BEIJING Reuters CHINA plans to merge the securities operations of its state insurance giant and four major commercial banks to create one of the country's largest brokerages, industry officials said yesterday. The Industrial and Commercial Bank of China, China Construction Bank, Bank of
      Reuters  -  129 words
  • Page 6 Advertisements

  • FOCUS
    • 1902 7  -  Recent appointments by the Malaysian premier may be part of campaign to regain Umno's lost ground Yang Razali Kassim The writer is BT's regional analysis editor [SINGAPORE] AFTER months of speculation, the news came rapid fire, as if well-timed. First the resignation of Inspec-tor-General of
      AFP  -  1,902 words
  • Page 7 Advertisements
    • 121 7 Introducing the Sharp Ultra Slim notebook PC. With the speed, «oc«»«oii »ith Lp^^__ TICNNOLOQT 2<tMNZ MM MUMII storage and connectivity of a desktop computer in a Win9B notebook To /jj|W jA •*mirr uri (wrrn ottiomal t*rrnrr>. M j>>o(|vJ no bigger than a magazine, and only 2cm thin. Complete with a
      121 words
    • 228 7 Syfjrand Mterhouse f| Securitisation in Singapore Seminar 9am 5.30pm Wednesday, 27 January 1999 Grand Hyatt Singapore 10-12 Scotts Road Singapore *****1 Securitisation looks set to take off in the Asia Pacific. The current economic climate has made securitisation a viable way to raise capital and Improve liquidity for companies. What
      228 words

  • Page 8 Advertisements
    • 325 8 ovo.»K ■V I I Cv*tyn IIiAASAUUIIiIUAUA^B^^^HHF ■P; t^s^T -j- £SF) ,^w« si- WL 1 lPTML.l^^^^l^fi.j—^!^l^Uriij^Hms«i r .^PSflKrs jyUM^ fl H air -Jl January 15 16 FAURE DEBUSSY TCHAIKOVSKY BEETHOVEH May 21 6 22 Anne Akiko Meyers Conductor Lan Shui TCHAIKOVSKY BRIGHT SHEHG SHOSTAKOVICH MEHDELSSOHH Conductor Lan Shui BEETHOVEN Violin, Lynnette
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  • REGION/WORLD
    • 562 9 WASHINGTON US wonld not tolerate unfair practices, Barshefsky warns Reuters Bloomberg Dow Jones THE US warned Japan yesterday that trade tensions between the world's two biggest economies were increasing dramatically and told Tokyo to cut its steel exports as quickly as
      Reuters; Bloomberg; Dow Jones  -  562 words
    • 405 9 WASHINGTON Poll shows US fond managers expect soft landing for economy Bloomberg FEDERAL Reserve Board chairman Alan Greenspan told central bankers meeting in Hongkong that any slowdown in US economic growth this year will be "relatively moderate", suggesting that the Fed isn't about
      Bloomberg  -  405 words
    • 232 9 PERTH AFP AUSTRALIANS besotted with their jobs rather than their partners have been urged to turn off their faxes and turn on their lovers. Young couples are being affected by the 1990s phenomenon TINS (Two Incomes, No Sex) and losing their libido due
      AFP  -  232 words
    • 249 9 NEW YORK Reuters THE cheers accompanying the launch of Europe's common currency just a week ago seemed distant echoes on Monday, as the euro hit new lows amid weak German economic news and a powerful rally by the Japanese yen. Europe's new currency late
      Reuters  -  249 words
    • 812 9  -  'Love child' a hoax, bat White House frets over witnesses, new sex revelations From] Leon Hadar in Washington FOR several days, Washington has been swamped by new rumours about President Bill Clinton's sex life. Officials, lawmakers and journalists were aware that The Star,
      REUTERS  -  812 words
    • 324 9 STRASBOURG AFP THE European Commission appeared yesterday to have done enough to avoid censure by the European Parliament after promising reforms to clamp down on fraud and nepotism within its own ranks. But the European Union's powerful executive remained under pressure from Members
      AFP  -  324 words
  • Page 9 Advertisements
    • 59 9 Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Mrs Diana Bean, General Manager of Ms Florence Nathan, Manager I OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE, 24 RAFFLES PLACE, SINGAPORE *****1 E-mail:
      59 words
    • 516 9 advertisement PROVISIONAL LIQUIDATOR STATUTORY DECLARATION BY DIRECTORS OF FB TRADING PTE LTD (ROC NO *****0658G) I. Um Teck Nam of FB TRADING PTE LTD of 14 Amber Gardens. #18-04. Singapore *****0 IC/Passport No *****984 F. make oath and say as follows 1. lam a director of tne abovenamed company 2.
      516 words

  • EDITORIAL & OPINION
    • 621 10  -  BOTTOKLDTE OPINION By Reginald Dale The writer is a columnist with the International Herald Tribune, where this commentary first appeared WHO could object to giving the global economy a "human face"? Nobody, if you believe United States President Bill Clinton, who made the suggestion in
      621 words
    • 150 10 'Is it not absurd that the US dispatches a spaceship to bring back rocks from Mars, but sends only three or four helicopters when a natural disaster strikes Central America?' joee Sfir*w»gr> the Portuguese novelist awarded the 1998 Nobel prize for literature, who wants to stop the
      150 words
    • 677 10 EDITORIAL AMONG the threats to global financial stability and Asia's economic recovery, much has been made of the sorry state of Japan, the speculative excesses of hedge funds, and the perilous condition of a number of emerging markets. But arguably the gravest danger of all lies in
      677 words
    • 1239 10  -  Japan needs appropriate foreign policy, not a strong currency, to confirm its place in the world By F Paul Abrahams, Miohiyo Nakamoto FT THE timing of the European tour by Keizo Obuchi, Japan's embattled prime minister, is hardly accidental. Mr Obuchi chose
      FT; FILE PHOTO  -  1,239 words
    • 895 10 Cap In Bakafnlsfs mupmt IN presiding over the US Senate trial, William Rehnquist plays a largely ceremonial role, and...he understands that. Writing for a unanimous court in Nixon vs United States in 1993, in which impeached US District Court Judge Walter Nixon Jr challenged the Senate's
      895 words

  • EXECUTIVE LIFESTYLE
    • 598 11 FILM Film on Nanjing Massacre aiming to win an Oscar AFP [NANJING] China has begun negotiations with Hollywood's top stars and producers in hopes of making an award-winning Schindler's List of its own to dramatise the horrific 1937 Nanjing Massacre. Domestic backing and a draft
      AFP; PILE PHOTO  -  598 words
  • Page 11 Advertisements
    • 168 11 1171 A 1* 1 Present Diners club Offers up to Sslo,ooo FREE Where to wine, dine and entertain •M internationaT Purchases Insurance. 290 4545 j All the fresh oysters you can eat! Help yourself at our carving station then feast over a lavish buffet dinner complete with appetizers, salads, soup
      168 words
    • 144 11 For the months of January and February, our chefs have prepared a whole of Spanish Food to satisfy the hungry tastebuds of all Spanish Food Lovers, And at unbelievably reasonable price, too! So call us up for reservation n0w.... before they are gone... GAZPACHO AND ALU Z Cold Spanish tomato
      144 words
    • 3 11 frldA*] I. fc
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    • 143 11 Not one but six different types of preparations. Select from: Oysters Natural Oysters Florentine Oysters Kilpatrick Oysters Hollandaise Oysters Thai Style Herb Oysters £12 (half dozen) $22 (one dozen) Available at St. Gregory's Brasserie and Rolf Knie's Lounge 6C Coffee Bar for the months of January and February. 'PnmaifKt lumcr<t*rpifp*
      143 words
    • 124 11 v US O /V CHINESE KSTAURANT 2 )L, J $25 BEIJING DUCK DURING THIS MONTH ONLY AT PINE COURT CHINESE RESTAURANT Reservations: 831-6262/6 Price stated is subject to govt, taxes and GST at 3% —SB— Mandarin |£f SvtgapofY 333 Orchard Road, Singapore *****7. Tel: 737 4411 Mow you c«* oh
      124 words
  • Page 11 Miscellaneous
    • 962 11 CRYPTIC CROSSWORD 9 A unit set to rise and advance during schooltime (7) —Lh of music (5) Paper ~|H| j|fe|o H leave no trace (9) 27 Merit of French verse transla--28 Had the best part marked with 8 Unkempt politician ruled out YESTERDAY'S SOLUTION nnwN k 14 Stay to drink
      962 words

  • LEISURE
    • 730 12  -  Despite the ban, his image of dark destroyer stays intact, and in fact it's enhanced, says tom archdeacon TOM ARCHDEACON NYT HE trained in front of the cameras and crowd wearing nothing but a black T-shirt that proclaimed "Be Real", sockless black boxing boots and
      NYT; AFP  -  730 words
    • 386 12 AMERICAN MUSIC AWARDS The only category he missed out on went to Eric Clapton Reuters [LOS ANGELES] Actor-rap-per Will Smith, fresh from his box-office triumph in Enemy of the State, was the big winner at the 26th annual American Music Awards on
      Reuters; i» I REUTERS d  -  386 words
  • Page 12 Advertisements
    • 147 12 OP] It could come back as a rocking chair. j Or as the power of Pycnogenol'. s ■■Bißrl HBfIJRIJHfWIffIHII■ IbKbb vHHV«WnHni!!BHBHH> O G NUVANTA Pycnogenol* Dual Action Nutrient is a bark extract NUVANTA Pycnogenol* helps you put the bounce back into your life. jgggg/gf ft fit from the French maritime
      147 words

  • COMPANIES & MARKETS
    • 894 13  -  Separate listing after UK parents' merger could violate SES chain-listing rule: analysts w Ven Sreenivasan [SINGAPORE] The merger of Rothmans International and British American Tobacco pic in London could result in the delisting of one of their Singapore units, according to
      : —i REUTERS  -  894 words
    • 944 13  -  HOCK LOCK SIEW Siow Li Sen Appearances really do deceive. One would not have thought that Alex Au, OCBC Bank's mildmannered chief executive, could generate so much discussion. But his recent deliveries on OCBC's road map did just that. Believers gave him full marks, while
      944 words
    • 432 13  -  That's after 30% rise on Monday; Wee Kit sells shares By\ Rahita Eliàs [SINGAPORE] The CK Tang share price yesterday continued on its upward spiral, even as the company announced that substantial shareholder Tang Wee Kit had reduced his interest in
      Soke Btoxyter^  -  432 words
    • 397 13  -  From Quak Hiang Whai in Hongkong APL Ltd, on which Neptune Orient Lines has pinned much hope, is expected to face continued pressure on its cash flow. Moody's Investors Service made the prognosis when it announced yesterday that it was downgrading the debt papers
      397 words
    • COMPANIES
      • 418 14  -  Move follows issues by other electronics firms; fnnds go to expanding plants By, Jennifer Lien [SINGAPORE] Contract manufacturer JIT Holdings yesterday joined a growing string of electronics firms when it announced a private placement of 22.5 million shares at $1,235 each.
        418 words
      • 428 14  -  US firm reiterates overweight call; top picks include OCBC, SPHandNEL By' Wong Wei Kong [SINGAPORE] US broking house Goldman Sachs yesterday reiterated its "overweight" recommendation on Singapore stocks and said there is still room for further gains of nearly 10 per
        428 words
      • 248 14 [SINGAPORE] Freight Links Express Holdings yesterday posted a 70.7 per cent drop in net profit to $631,000 for the six months ended Oct 31 last year. The freight forwarder's earnings per share came to 0.13 of a cent compared to 0.53 of
        248 words
      • 244 14 AFP [HONGKONG! Hongkong publisher Sing Tao Holdings yesterday requested a suspension of trading in its shares, amid a pending bankruptcy petition against chairwoman Sally Aw Sian, a stock exchange spokesman said. The spokesman said trade in Sing Tao had been suspended on the
        AFP  -  244 words
      • 270 14 BOOKS and stationery retail chain Popular Holdings yesterday reported a 40.3 per cent rise in interim earnings to $5.3 million, and said it expects to book profitable numbers for the rest of the Financial year. Popular said the launch of three new retail outlets and
        FILE PHOTO  -  270 words
      • 415 14  -  Reports by 1 Teh Hooi Ling [SINGAPORE] Singapore Telecom, which owns half of the US$24O million (*****.8 million) communications satellite ST-1, has concluded its first ever deal worth up to $206 million as a satellite owner with Sterlingsat Television in India. Sing
        415 words
      • 491 14 No tender award; slowing subscriber growth among factors [SINGAPORE] Sing Tel Mobile has decided not to launch a new Code Division Multiple Access (CDMA) mobile phone network for the time being, due to slowing subscriber growth, among other reasons. Sing Tel Mobile yesterday
        491 words
      • 416 14  -  RMl3Bm stake to come from Amsteel and a private firm From, Ruth Wong in Kuala Lumpur MALAYSIA'S investment arm, Khazanah Nasional Bhd, has proposed to buy 60 million shares in steelmaker Megasteel Sdn Bhd from pub-licly-listed Amsteel Corporation Bhd and another private firm for
        416 words
      • COMPANYBriefs
        • 105 14 Bloomberg [SYDNEY] Singapore Airlines is expected to move quickly to buy a stake in Ansett Australia after it scrapped plans to spend as much as USS374 million (*****.8 million) for a stake in Taiwan's China Airlines last week, the Sydney Morning Herald reported, citing
          Bloomberg  -  105 words
        • 36 14 AFX-Asia [MANILA] Globe Telecom has signed an international roaming pact with Microcell Connexions of Canada. Microcell is the only GSM digital-based mobile service provider in Canada, said Globe.—AFX-Asia J
          AFX-Asia  -  36 words
        • 79 14 Reuters [KUALA LUMPUR] Construction company Intria said yesterday that one of its bank lenders has demanded the repayment of 5.8 million Malaysian ringgit (552.6 million) in principal payments under a syndicated term loan facility. RHB Sakura Merchant Bankers demanded the payment on Jan 7 as
          Reuters  -  79 words
        • 77 14 GPE completes sale of Car Audio stake Reuters [SINGAPORE} GPE Industries has completed the sale of its 49 per cent stake in investment holding firm Car Audio Electronics (Hongkong) Ltd. In November last year, GPE said it planned to sell Car Audio to its partner,. Mannesmann VDO AG, in January
          Reuters  -  77 words
        • 64 14 Reuters [BANGKOK] Thailand's largest safari park operator, Safari World pic, will open a new theme park on the resort island of Phuket on Jan 31. Phuket Fantasea is located on 56 hectares of Kamala Beach. A Safari World official, who declined to be identified,
          Reuters  -  64 words
    • INTERNATIONAL COMPANIES
      • 320 15 Its shares hit record as investors expect results to exceed analysts' estimates Bloomberg [SANTA CLARA, California] Intel Corp shares rose 7.8 per cent to a record amid optimism that the No 1 semiconductor maker will report earnings that exceed analysts' estimates, helped by
        Bloomberg  -  320 words
      • 551 15 SEC also suspends 51 traders for abases on Nasdaq 4 years ago NYT [NEW YORK] The Securities and Exchange Commission (SEC) fined 28 Wall Street firms more than US$26 million (Ss44 million) and suspended 51 traders on Monday for reputed abuses on the Nasdaq
        NYT  -  551 words
      • 40 15 [NEW YORK] This white leather "champagne bucket" handbag, designed by Anne-Marie ofFrance, sold for US$l,l5O (551,930) at a recent Sotheby's auction. Sotheby's held itsfirst exclusive handbag auction last month raising U*****,545fr0m the sale of 163 items. REUTERS
        REUTERS  -  40 words
      • 325 15 French group set to make statement of intent by week's end Reuters [PARIS] French luxury goods company LVMH said yesterday that it had agreed with Prada to buy the Italian designer goods group's 9.5 per cent stake in Gucci Group NV and expected
        Reuters  -  325 words
      • 285 15 Bloomberg [SANTA CLARA, California) Yahoo! Inc, the No 1 Internet directory, has signed a distribution agreement with top computer maker International Business Machines Corp, sending Yahoo! shares up 21 per cent on Monday. Yahoo! said it will offer its Internet services through
        Bloomberg  -  285 words
    • FINANCE & COMMODITIES
      • 378 16 Move shocks rivals, marks power shift ahead of IPO FT INEW YORK] Jon Corzine, one of Wall Street's bestknown bankers, unexpectedly stepped down on Monday as co-chief executive of Goldman Sachs, the top global investment bank. In a management reshuffle marking a
        FT  -  378 words
      • 389 16  -  It is feeder for global fond invested mainly in US healthcare Carol Eng [SINGAPORE] US-based Alliance Capital Management (ACM) yesterday launched Singapore's first unit trust to focus on healthcare stocks. The International Health Care Portfolio (IHCP) is a feeder fund investing solely in
        SIEW YAW HOONG  -  389 words
      • 365 16 Bloomberg [BOSTON] Fidelity Investments was the top-perform-ing equity fund manager of the 10 biggest in the US last year, as Fidelity's US$B3 billion (*****.1 billion) Magellan Fund outpaced the Standard Poor's 500 Index for the first time in five years. Fidelity's
        Bloomberg  -  365 words
      • 192 17  -  g*—g* Reports MS& Singapore Index Bob Butcher, Jardine Fleming THE MSCI Singapore index saw a choppy ride yesterday. It was down early but lack of follow-through selling and volatility in the Japanese stock market and the yen forced short-covering late in the session. The January
        192 words
      • 163 17  -  MSCI Taiwan fatnres Cecilia Loh, Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract fell two points as the underlying benchmark Taiwan Stock Exchange index plummeted 43.10 points, its biggest oneday slide this year, foUowing news that three big commercial banks had
        163 words
      • 330 17 ENERGY REPORT Reuters [LONDON] Oil prices eased yesterday after a call from Gulf oil producer Kuwait for emergency Opec talks met a muted response from fellow member states. At 1445 GMT, February Brent was trading at US$ll.B5 a
        Reuters  -  330 words
      • 349 17 AFP Reuters London THE Bank of Japan cast a pall over yen bulls' celebrations yesterday as reports that it had intervened toppled the Japanese currency from its highest levels in more than two years against the dollar. Japanese Vice-Finance Minister Koji Tanami fired a warning shot on Monday
        AFP; Reuters  -  349 words
      • Article, Illustration
        1209 17 DITERBAlfK CROSS RATES Jan 12 C$ tirt Emto ffr Dm Htt$ lad Its INptoli V— Wow tM WZ$ Nfc t» h» SS Kurt Sir lltt MM Hmt W$ Australia 0.962 6.T7B 0.556 1645 1.087 4.947 27.136 ***** 0.718 7.493 2.426 1170 ***** 24.215 1072 3.815 0.895 20.557 23.209 0292 0.639
        1,209 words
      • 1881 17 SICOM FUTURES Jan 12 RUBBER (futurw ctoswq «t 5.30««) RSS f ewts/ty} CfeM VMM OpM Month HRfti Low Sttt (touts) hrtftrt Feb 99 117.00 116.50 116.50 275 375 Mar 99 120.00 120.00 119.50 25 1275 Apr 99 125.00 123.50 122.25 200 275 May 99 126.50 125.00 124.75 400 400 Jun
        1,881 words
    • Article, Illustration
      1436 18 AFP Pi Hamt Seng *7/29 HONGKONG share prices rose 0.7 per cent yesterday on late futures-led buying that offset earlier weakness on a lack of fresh buying incentives, dealers said. "I think it was futures-led buying" as no fresh leads had emerged for investors to buy, said Lino Delgado
      AFP  -  1,436 words
    • Article, Illustration
      540 18 Reuters n Shenzhen B Index -0.62 SHENZHEN'S hard currency B shares closed lower in light trade yesterday, as expectations of poor 1998 corporate profits kept most investors on the sidelines, analysts said. The B Share Index lost 0.62 point, or 1.17 per cent, to 52.09 on turnover of HK$4.2
      Reuters; Source: Credit Lyonnws SacurittM (Asa) Ltd  -  540 words
    • 348 18 AFP QWP Index 43J0 TAIWAN share prices closed 0.7 per cent lower yesterday on strong selling pressure stemming from investor expectations that the market was headed for a further downturn, analysts said. "When the index fell below 6,400-point level, investors rushed to lock in profit for fears that a
      AFP  -  348 words
    • 2254 18 LOWPOH taMrlib Jaa12 Naca 31 Group 624.400 -0.100 AB Ports 280.000 unch Abtxy National 1285.000 -18.000 AMadOomacq 519.400 -78.100 AMad Zurich 976.000 877.300 AmK 174.000 -5.500 AsdJ Group 161.400 1.400 BATInd 655.000 *30.000 80 Pk 374.400 -10.100 BICC 70.000 -2.000 BOC Group 847.400 17.900 BR Patrolaum 924.400
      2,254 words
    • 1553 18 AFP DHMwaaS -TSI JAPANESE share prices ended slightly lower yesterday after investors locked away profits at the end of a volatile day's trading, brokers said. The Tokyo Stock Exchange's key Nikkei 225 Index eased 7.51 points, or 0.1 per cent, to close at 13,360.97. An estimated 360 million shares
      AFP  -  1,553 words
    • KUALA LUMPUR STOCK MARKET
      • 413 19 AFP AFX-Asia Q Composite Index -5J3 MALAYSIAN share prices ended 0.9 per cent lower yesterday in moderate trade as investors locked in profits on earlier gains. "Profit-taking was widespread but rather well-absorbed," an institutional dealer at a local brokerage said. The KLSE Composite Index fell
        AFP; AFX-Asia  -  413 words
      • 8788 19 INDUSTRIALS Consumer pnMi 1999 Last vei oay *o« Cap Hign Low Company S»t« OOO High In */I 300 292 Ajlnomoto 300 166 J?'® S3 76 Angkasa 79.5 -IS 84 81 79.5 1)7.2 283 255 Apollo Food Hlg 279 16 2 279 279 9.7 in.6 204 178 Ber|aya Lend 190 8
        8,788 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • 211 20  -  WARRANT WATCH By Ven Sreenivasan WHAT a day it was for warrants. A scan through the top percentage gainers reads like a listing of all warrants quoted on the bourse. And right up there, far ahead of the pack is the CK Tang
        211 words
      • 221 20 IIONOKOHI STOCKS Cr Or 52-wk Last V« Day Last OuoU OK M VH IM M Cap High Law Stna C»m»any Saf COOP) Law Suyir Sa«ar Or P/t S«nH 5123 CDL (2000) HK 400 400 0 ZA 2 20.5 7744.7 5124 Cathay Pac 20c HK_720 265 2.1 7/4 6
        221 words
      • 2012 20 BONDS, LOANS ft WARRANTS wt 52-Wk Last Vol Day Last Ouota A*g HHJf\ Low Stn* Company Stla .or- (OOO) High Low Buy.r M« Prlc. 20.5 3 3160 "Acaf ******1 USS 15.5 *1 435 15.5 14 15.5 95 4.5 3164 Acma *0*0724 25.5 *3.5 4683 26 21 25 25.5 23 3161
        2,012 words
      • 244 20 AFP n Wellington -32.79 NEW Zealand stocks ended 1.5 per cent lower yesterday on late profit-taking fuelled by weaker Asian markets, dealers said. The NZSE-40 Capital Index fell 32.79 points to 2,136.61. Turnover was worth NZ5141.67 million yesterday. jmj2_ *f- rw> ANZ Banking 12.35 -0.15 5650 Advantages HkJgt 0.T4
        AFP  -  244 words
      • Article, Illustration
        759 20 AFP SET Index +0.61 THAI shares closed 0.2 per cent higher yesterday in lacklustre trade led by banking and finance stocks, dealers said. Analysts said investors had few alternatives to banks and finance issues amid a scarcity of leads on the direction of the broader market. A local dealer
        AFP  -  759 words
      • 410 20 AFP CI Composite Index -9.76 SOUTH Korean share prices closed yesterday 1.5 per cent lower on profit-taking after early gains, dealers said. The Korea Stock Exchange main index fell 9.76 points at 631.19. Dealers said blue chips and large capitalisation shares also came under heavy futures-led selling following the
        AFP  -  410 words
      • 602 20 AFP n All Ordinaries -3J SHARES closed down 0.1 per cent yesterday after a stronger resource sector failed to offset profit-taking in key industrials, brokers said. The All Ordinaries Index closed down 3.1 points at 2,846.3. The All Resources Index rallied 36.0 points, or 3.7 per cent, to 1,011.0.
        AFP  -  602 words
      • Article, Illustration
        664 20 AFP Q Composite Index -Lll INDONESIAN share prices closed slightly lower amid profit-taking yesterday with many investors moving to the sidelines ahead of holidays next week, dealers said. A sales representative at a Singapore brokerage said that "from the foreign side, I think investors are getting nervous about taking
        AFP  -  664 words
      • 285 20 AFP f% Manila +832 PHILIPPINE share prices rose 0.4 per cent yesterday as sentiment in the market remained upbeat despite expectations of an eventual correction, analysts said. The Composite Index rose 8.82 points to close at 2,148.46 points. Turnover fell to 1.07 billion shares worth 2.19 billion pesos yesterday.
        AFP  -  285 words
    • 5876 21 Transaction date: Jan 12 I Cr Or M W« 52-Wk Last Vol Day Lilt Quote Olv Dlv VW Net Cag A** Mfk L— >W» Cmfiy l«h fOOOt Htth L— fcrir Ww C*w P/C *rtea MW.THNOUSTRY 142 17.5 nt 1000 AcmaSOc 86 *5 2363 87
      5,876 words
    • 951 21 fir fir M m L«t V- 0*» L4st 0«ot« Wgl u» WW» C—p—y *4>» COOP) >8# lw *iH> <48«c cv W al HARUr Av I VHIIfU 243 30 2049 AS Auto K>c 119 *13 2606 #7 ne «9 15 N 7 U 112 135.9 118 79.5 45 2051 ASJ
      951 words
    • STOCK EXCHANGE OF SINGAPORE
      • 416 22 Stacks t+mm CK Tang Wt99 45,149,000 CK Tang 20c 40,991,000 E ResrceslOc 30,542,000 Guthrie W02 22.755,000 Liang Huat 10c 20,557,000 ABR Hldgs 5c 17,595,000 GuthrieGTS 20c 15,110,000 Hai SunHup W02 14,533,000 DBS Land 14,496.000 IPC Corpn 5c 13,775,000 Stacks E ResrcesKk 59,558.256 SPH 46,531,918 DBS Land 40,368,990 OCBC Fofeign 36,436,828
        416 words
      • 633 22  -  STOCK MARKET COMMENTARY Bank and property shares take key index down as takeover rumonrs lead to healthy trading volume By Ven Sreenivasan SINGAPORE shares closed mixed with institutional investors taking profits on heavyweights while retail punters chased up penny stocks and warrants. Leading
        633 words
      • ON THE GRAPEVINE
        • 104 22 A SCANDAL is quietly brewing in the legal community. Word has it that a veteran of the august profession has been caught with his pants down, in more ways than one. A partner of an established practice, he is alleged to have conducted a less than professional relationship
          104 words
        • 150 22 PUNTERS on the Malaysian stock market will agree that politics is a good enough reason for snapping up a share. For the second straight day, the stock price of little-noticed Dewina Bhd —a food company listed on the Second Board—has grabbed top spot on the gainers list. The
          150 words
        • 97 22 SINGAPORE Cable Vision is looking at repackaging its programme offerings so as to give subscribers control over the entry price according to their viewing needs, says SCV's president Yong Lum Sum in its newsletter Just Cable. No details were announced but he added that this new
          97 words
        • 136 22 ITS hard to find couples willing to declare their feelings for each other these days. Especially if it involves hard-nosed global retail bankers on the one hand, and one of the world's fastest-growing hand phone operators on the other. But at yesterday's press conference to
          136 words
      • Article, Illustration
        63 22  -  -By Wong Wei Kong ABR Holdings' shares closed up $0.12 at $0.81 on a volume of 17.6 million shares, compared with its 10-day traded average ol 1.33 million shares. The sharp spike has taken the stock to overbought levels, as indicated by the daily and weekly RSI charts
        63 words
  • Page 13 Advertisements
    • 130 13 W/[ /f f f*', At|£ v IB vL— *cu/X- H 11 I v^^| \m Jx*%a@&&n I m (B^ flf i wLlm I BiHH' 11 lit 1 f I W" 1 a 14 wv I 11 J Bkfi JHL JBf i-«-| ■ft JH JkJSHIMp viral. ll *j£ Hfti iMf 1' I
      130 words

  • Page 14 Advertisements
    • 51 14 Waterproof Rust-free No screw B metal parts iH B ftJP I Easy quick Knockdown*] f packing for easy I Garden Shed High 200x148x85cm Usual $822.97 Now $659 Garden Shed 148x122x81.5cm Usual Now Ife. 'HKhb ftv technical enquiries, call: Full collection on i*.2™ f Z"m,m display only at E-mail: kaidiOpacific.net.sg SEIYU
      51 words

  • Page 15 Advertisements
    • 201 15 SINGAPORE BUSINESS AWARDS BUSINESSMAN OF I THE YEAR AWARD w I -d Presented to the most Ifr VinrHot* fn deserving individual for I I s llHri Irr I f 1 outstanding corporate *> V success. The candidate X I must possess integrity, W 1 rYi r I !vB W 2'B
      201 words

  • Page 16 Advertisements
    • 234 16 J vSWc% j^3 v»r\.' i y 4g39 "'•'is f «♦g| I X 1 t i^r V J Introducing 2 new HP personal desktop lasers The HP LaserJet 1100 Printer and the HP LaserJet UOOA Printer-Copier-Scanner. Featuring 8 pages-per-minute and 2MB standard memory, the HP LaserJet 1100/ A is 33% faster
      234 words





  • Page 21 Advertisements
    • 59 21 calling my pet throu^h\ your advertisement in great...,ust like The Straits Times Classified. J iThe Stratai Times Clashed... I /head I V I'm going to take real good you still have the puppy... M described. \T rarp n fhim rii be right v > ""f[ Buyiiut or sclliiui throush The
      59 words

  • Page 22 Advertisements
    • 1088 22 NOTICES NOTICE IS HEREBY GIVEN that, I LIM CHIN LAI of Blk 58, Marine Terrace #01-45 Singapore *****8, have applied for a Retail Liquor Shop Licence in respect of M/s Chin Lai Supermarket located at Blk 814, Jurong West Street 81, #01-190 Singapore *****4, and that this application will be
      1,088 words
    • 483 22 r IN THE MATTER Of A THE COMPANIES ACT, CAP. SO ANO IN THE MATTER Of AXTRADE SEA PTE LTD NOTICE PURSUANT TO SECTION 291(4) STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S WAOLJTY TO CONTINUE BUSINESS BY REASON OF ITS UABKJTIES LOOGED WITH THE REGISTRAR OF COMPANIES ANO THE OFFICIAL RECEIVER
      483 words
    • 177 22 NOTICE IS HEREBY GIVEN that, I LIM NGEE BOON of Blk 133 Bishan St 12 #03-175 Singapore *****3, have applied for a Ist Class (Beer House) Licence in respect of Supercue Serangoon Gardens located at 9 *03-01 Portchester Ave Paramount Bldg Singapore *****3, and that this application will be considered
      177 words
    • 78 22 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 chance
      78 words

  • SHIPPING TIMES
    • 331 23 Bridge News Reuters IT was a typically slow Monday with little fresh Atlantic activity reported although there remained a gap in the market for January ships in the US Gulf. The downward trend established at the end of last week continued on Monday, with futures easing five to
      Bridge News; Reuters  -  331 words
    • 290 23 jmo i$ V- m CWT Ototrtbutlon —0.67 0.009 188 Chuan Hup 0.625 0.025 365 C«aco Invastmant 0.595 0.015 75 FrcMit Links 02 a 015 7078 CSHaMin«l 0.435 0.02 23 Hal Sun Hup 036 0.06 7362 Hitachi Zosan a 79 IMC HoMktQS MK 5.6 Jaya Holdings 0.57 0.019 '86
      290 words
    • 523 23  -  Beating its' 97 record, S'pore may just overtake HE as world's busiest port By\ Felix Chan [SINGAPORE] PSA Corp put in a strong performance last year amid the region's economic storms to rake in a throughput of 15.1 million TEUs
      FILE PHOTO t by  -  523 words
    • 748 23  -  STRAIT TALK Hy\ Seafarer JUST about every speaker at last week's conference on Current Maritime Issues and the work of the International Maritime Organisation (IMO) stressed that he was speaking in his personal capacity. The notable exception was Jon Whitlow, assistant general secretary of
      748 words
    • 113 23 Bridge News [NEW YORK] Royal Caribbean Cruises Ltd announced that it has exercised its option with Meyer Werft shipyard in Papenburg, Germany, for a second 85,000-ton Vantage class vessel for Royal Caribbean International at a contract cost of about US$35O million (*****.4
      Bridge News  -  113 words
    • 539 23  -  They claim vessel is considered toxic By Marcus Hand [SINGAPORE] International environmental activists repeated their claim yesterday that the "toxic" ship Encounter Bay is hazardous waste under international law and Singapore authorities should have detained the vessel when it was here. Environmental
      ARTHURLEE  -  539 words
    • 991 24 MTT.T.BNMIUM BUG Classification society ABS explains the Y2K computer problem and how to go about preventing it ABS THE millennium bug has not spared the maritime industry. Here classification society ABS explains the problem and how to go about preventing it in a Q
      ABS; FILE PHOTO itionaru action  -  991 words
    • 358 24 PAGE FoonqSun 8 ANL 3 Frota 12 Accord 8 B Frt Links M Ahrenkiel 12 GL Appenstop 5 Gemartrans 8 Asia Oceanic 12 Genslvgp 12 Austral 8 Glory Nav 14 A,ant 14 HaiSwiHup 8 B'tanq Mas 8 Hanqli 7 BSA 7 Hanjin 3 BTL 14 Heung-A 4
      358 words
    • 17953 31 THEBU sinesstimes EXPORT iJL/ilUVJi-'i A W41AW-.- F Vovio# T.l» 0 non. I ETA ETA Advartlsar Vassal Voyaga Tipton* tn H?™ Numt>* Numbar SIN Dastn Nam. Nam. Numbar Numb* 20/01 15/02 Yang Ming JUSTICE CONTAINER X90IS 45 3205*10 uuilRIDAni Cot* D'lvoir* I 21/01 15/02 Ev.rgr».n E. GIFTED 0266-077W 65-*****11
      17,953 words
    • SHIPS IN PORT
      • 778 37 Vassal Voy No Berth Arrival Departure Jf IH Port ADMtro* *001 J16 alongside 12.01/2300 Amtllyst *9901 JOS alongside 12 01/2300 Andft Wlpyi *****9 J12 alongside 12.01/1100 Audi S*raya 0199 J03 alongside 12 01/2000 BmtM Bar* *****9 J02 alongside 12 01/2300 St Golden *****9 J01 alongside 12.01/1400 St Pai
        778 words
      • 1867 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/BiUnct Rstls Ship Voy No Etb/Btr Period From To From Actc14 IU 15/1200 U 12/1500 B/859 B/800 1« 12/1500 B/859 12/1900 2* 12/1700 13/0451 1 J/0900 2t 12/1700 U/0659 U/0900 13/0700 U/189 U/MOO 4 13/1200 13/1459 U/1700 M am 14/1200
        1,867 words
      • 224 37 Jan IS Japan: Adults Day. Jan 18 Brunei: Anniversary of Revelations of Koran. United States: Martin Luther King Jnr Day. Jan 10 Brunei: Hari Raya fuasa. Indonesia: Hari Raya Puasa. Malaysia: Hari Raya Puasa. Singapore: Hari Raya Puasa. Jan 20 Brunei: Hari Raya Puasa. Indonesia: Hari Raya Puasa.
        224 words
      • 839 37 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead at single prices for a more comprehensive description of the market Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual
        839 words
      • 480 37 Carton WO Max 991.0 3.9 B.4 0.15 78 0-07 Dec 31 Density Water Residue Ash Aluminium Sediment Ho aboM E25 0 1 3 1 0 0 380 Am 988.6 0J V4.4 0.07 27 0.02 360 MM 994.2 L5 19.6 0.12 47 0.06 IMW v/v M/M H/u
        480 words
    • AIR&LAND TRANSPORT MEWS
      • 476 38 Bat it still lags behind Seattle rival in firm orders received last year Reuters [PARIS] Europe's Airbus consortium reported on Monday record 1998 aircraft orders worth US$39 billion (5565.3 billion), catching up on US rival Boeing Co's lead. Airbus
        Reuters; AFP  -  476 words
      • 362 38 Reuters [LONDON] Britain and the United States are to make another attempt at liberalising their aviation market, with the resumption of trade talks next month, a British transport ministry official said on Monday. "There are going to be formal exploratory
        Reuters  -  362 words
      • 243 38 AFX-Asia AFP [WASHINGTON] The US National Transportation Safety Board (NTSB) on Monday recommended urgent mandatory inspections of cockpit wiring in McDonnell-Douglas MD-11 jets. The recommendation follows the crash last September of a Swissair MD-11 off Nova Scotia, Canada that may have
        AFX-Asia; AFP; REUTERS isrrnnh nf  -  243 words
      • 145 38 Bridge News [BRUSSELS] The Association of European Airlines (AEA) on Monday protested against an increase in airport taxes announced by several airports in the EU in a bid to make up for losses incurred by the abolition of airport du-ty-free shopping. "Airports are first-rank
        Bridge News  -  145 words
      • 176 38 Reuters [LONDON] There were eight reported hijack attempts on commercial aircraft during 1998 according to insurance and reinsurance broker Aon in a report published on Monday. The figure is the lowest recorded in the past 10 years. There were 10 reported hijack
        Reuters  -  176 words
      • 276 38 Italian, Dutch carriers reveal talks held among respective chiefs Bloomberg [MILAN] Alitalia-and KLM Royal Dutch Airlines said their chief executives held talks with their counterparts at Continental Airlines Inc and Northwest Airlines Corp on Sunday to discuss a four-way alliance. KLM and Alitalia,
        Bloomberg  -  276 words
      • LOGBook
        • 106 38 Bridge News [NEW YORK] Federal Aviation Administration (FAA) undercover agents wereable to smuggle guns, hand grenades and bombs past airport guards and scanners. The New York Times reported on Monday. The Times obtained reports on USAir, now known as USAirways, through a Freedom of
          Bridge News  -  106 words
        • 65 38 AFP [TAIPEI] Taiwan's second largest air carrier, EVA Airways Corp, will launch the first direct air cargo links between Taiwan and India on Jan 17, the company spokesman said yesterday. The company will operate three flights weekly on the Taipei-Bombay-Brussels-Bombay-Singapore-Taipei route using
          AFP  -  65 words
        • 103 38 AFP [TOKYO] Japan Airlines said yesterday it will begin its major code share alliance with American Airlines in May. The tie-up, unveiled last February, was the first agreement under a civil aviation accord which for the first time allowed unlimited code-sharing between Japanese
          AFP  -  103 words
        • 97 38 Reuters [LONDON] Central England's Birmingham International Airport said yesterday that 1998 had been a record year, with passenger numbers rising by 700,000 to 6.71 million. Airport managing director Brian Summers said in a statement that Birmingham was on target to reach seven million passengers
          Reuters  -  97 words
      • 1849 38 CITY FIKNT ETA FUGHT CHI LH786 1650 $026 2355 >Mii AN8230 KM *2<S«6 1650 IH787 2359 IH6381 1920 SO2005 1650 ****** 2359 $0230 1920 _J SflWOt 2359 Amsterdam KLM3 0540 S024 J320 $0909 I7B SOWO W» M4327 0800 A1838 2335 yiiH|f>mWK C2351 2035 S0327 0800 HMO(
        1,849 words
  • Page 23 Advertisements
    • 17 23 Steps to take to protect ships against Y2K bug Classification society ABS highlights prevention methods. P*#e 2
      17 words
    • 210 23 Airbus Industrie aircraft orders hit USs39bin'9B But it still lags behind Boeing in firm orders received last year. Back Page Attract loads of new business AIR CARGO Special Feature Shipping Times Thursday, 21 January 1999 < (Booking deadline: 14 January) To highlight the latest developments and the future of the
      210 words

  • Page 24 Advertisements
    • 1099 24 1 NORTH AM&UCA I I EXPORT I 1 OTHER DESTINATIONS 1 SSX SUPER SHUTTLE EXPRESS DIRECT TO LA 11 WEST COAST Of CENTRAL AMERICA (MAROARTTA SERVICE) «n rsn n»SM lua |dm now ok m |wooarY ma vot mi |pi-wmAi[ aojua swmno ammo tioma wuvwtw»| wm fIT ooqjww Soij li/n I
      1,099 words
    • 600 24 1 WHAT'S NEW! ft Keep your on this spot for new services/clients. EXPORT 3 x Japan •2 x Hongkong -1 x Manila -1 x Kooshwng, Kaoiung (Accepting FQ to VMtfc Vfty fa JK> EftJl im\hS»l 6U hk6 kA khd TWVok wcwpuki MBUOTP HONGKONG 0735? 1401 IMI Z *aMHu* ooa im
      600 words
    • 166 24 k L^!^i!e^ ces xesen,ea Am Members of me 12ENl Members of the Registry of r<iaji,i Singapore Fretght Forwarders Accredited Shipping Agents Association Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KIANG/SINGAPORE JAKARTA ETAPKL ETA SIN ETA MALE Princess Lily VIIM 14/017W lV»l/» Prints Lily V«2M H*tft WK/ft H/K/t> LILY MARINE SERVICES
      166 words

  • Page 25 Advertisements
    • 1135 25 TO EUROPE FROM EUROPE vor SIN RTM ANR HAW WV SOU HT LEH 1 [vESSEI VOY I IT* AM HAW Mtv SOU FIT LEH SIN HY lARON 3WW 14/01 06/07 03/02 04/02 01/02 NOl RIS 00M 20/12 22/12 25/12 24/12 12/01 WXK*m 011W 15/01 31/01 02/02 OJ/02 06/02 HK 550S
      1,135 words
    • 1867 25 HANJIN SHIPPING HANJIN SHIPPING fS) PTE LTD Imp Iw*n am lOOKINC 32*0735 237 SAUS 32*0224 731 OOCUtf* *****71 274 CWUTIOIfi 32*0241 252 MAIN UK *****55 FAX 77WM Cl« 0 **********0N TO NW USA CANADA USA CANADA* FOR VSI/VOT MM 3i UMHAUI/VOT HA TTW MN PO)F 0« *SP "T On 1
      1,867 words
    • 451 25 FULLY CONTAINBIIUP PIPICATIP HlVClf Q2 SZ 823 rasa. vot sm mgr an wfl ii» nc n\ 117/011 iroi I sp»wTajjS& 11 1117% i I HYUNDAISKMTO OltS IS/P1 71/01 ?4/OI H/DI 27/81 ml UM I 2A/C1 IIIMTCWSW WIS In/Oil 24/01 I uitc hon6»on6~ wis 17/01 n/01 win 20/01 24/ot 7>/di 21/01
      451 words

  • Page 26 Advertisements
    • 1497 26 DSR-SENATOR LINES TO UK/CONTINENT TO MEUffERRANEAN/CANAPA VttttL vor TT" LtH 'HTM ml HAM WV FU VttSfL WW SM BIT IK FOS W.C MTW TRAO€ HARVEST WOWS 1101 07.01 0102 OS 02 00 02 00 02 PMNOS SENATOR WMOOS 14 01 11 01 02 02 0«« 00 02 1102 tWIUN VALENCIA
      1,497 words
    • 834 26 gAj mac-MELS S»MBE wm i Carrier: MN CONTR LINES, INC p. guoanq: (07)*****26 I\-/V~ I OR NOc IXOOS7SOOOOC SIBU: (064) *****6 MAMLA: (632) *****24 1j W V PENANG: (04) *****36 BANGKOK; (662) *****57 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKT. (21)*****07 MOW: (61)*****3 KUCMNQ (062) *****1-3 BARCEIONA SURABAYA MV
      834 words
    • 538 26 LINE W£F A TIL* *****56 FAXt *****12 r MUARA 1 j LABUAN vbsb yor ni eu vessel vot etd iu SPQHMUMU SPORE UN STtAfTSHOPE VOIE/W IS/01 11/01 STRAITS MOPf VOli/99 IS/01 If/01 (ARAKA JNR-32 VO2I/W 11/01 21/01 CARAAAJNRH? VOX/9* 11/01 71/01 JPtOSPfII VOII/W 22/01 24/01 STRAITS HOK VOlt/W 24/01 JO/01
      538 words

  • Page 27 Advertisements
    • 1260 27 lyjggfl VOY PKQ PgN PQB PUB DAM SMJ IBA BIK IRAN TABATABAEI PJLI33I 28/01 04/02 07/02 03/02 06/02 07/02 IRAN TSYFOURI PJLI32B 08/02 18/02 19/02 18/02 17/02 19/02 IRAN BAKERI TBN 13/02 23/02 28/02 22/02 24/02 28/02 IP A u cottar TBN 20/02 02/03 08/03 01/03 03/03 08/03 TAKHTI TBN
      1,260 words
    • 2538 27 fwU% Wnkty to iarapa Main Ports 1 Evory Monday and Saturday I Diroit to IrowaaliaYOß ia 20 day J SINGAPORI'SGIWRAI AGENTS: 6 SHINTON WAY TiL 226 1900 FAX: ***** M OUTWARD (l/l) I COSTAR SHIPPING PTE LTD 017-08 dbs bloc salfs/ikgs 4205«57/60 inward dept (D/o) *****8S CO STAR AGENCIES (M)
      2,538 words

  • Page 28 Advertisements
    • 1412 28 EUROP£/UK/SCANDINAVIA/FINUUH)/RUSSIA HGTI RDM ANW HBG THP ZEE LHV LHV THP ROM AHW HBG PKL SOP E. DELUXE RW-OM 1701 05/02 0002 0002 09/02 10/02 E. RACER RE-017 17/12 10/12 11/12 20/12 22/12 14/01 15/01 EOt LIGHT RW-006 24/01 1202 17/02 13/02 15/02 10/06 17/02 E REPUTE RE 025 24/12 27/12
      1,412 words
    • 1085 28 f aaagPfl pacific international unes (pte) ltd f I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I J I CR NO **********0E I m STP M m m NIK m m ["ST| ll [iUNGATMATAM 3TT023 12/1 13/1 74/1 71/\ W/1 3/2 0/2 10/2 I I mM* 023 It/1 11/
      1,085 words
    • 607 28 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VKsa vot sm piu qui m en ki NANUIFKINCESS V.026S 19/01 02/02 05/02 OA/B2 mmiQUffli 1m ?t/oi 04/02 01/02 li/oT 12/02 "TyoT tuwiAumGow tons ot/o? is/02 j»/02 22/02 23/02 mircu rmq vo27S m/w 27/02 02/03 03/03 jjjjgjjjßgS V.032S 11/02 2t/02 04/03
      607 words

  • Page 29 Advertisements
    • 479 29 BSfl x Imm MYANMA wBBk FIVE STAR LINE (Myonnor National Line) V l Loading for Yangon (Rangoon) VISSEI VOY MM PKL PtN PGU DAWII JW Sl* PINYA I WW 21/01 MALAYSIA AGENTS: BOUSTUD SHIPPING AGENCIES KUL HI (03)*****00 PKL HI (03)*****01 P(N: Tit (04)2****** PGU: TIL (07) *****21/4 BANK LINE
      479 words
    • 1336 29 HAfAT^ HYUNDAI MERCHANT MARINE CO., LTD. I vissa voy "sST soul leh I ntm I ant ham I rrv hPI [vtssa voy| sou|i«|«tm|ant|ham|ibv[ re si HYIARON 317W 14/01 01/02 06/02 03/02 04/02 ELM SSOI 21/12 26/12 23/12 24/12 14/01 NOilOUn 011W IS/01 06/02 05/02 31/01 02."" NY DUKE 31SC 23/12
      1,336 words
    • 1222 29 9r- speoatzmd enAxcmun (7fo)§(°}(s TO NORTH -*<*0 HUVYUFTStRVia|YISSII VOY I AMP HEIGHT SIN LAX Qtl MIA SAV Ml ORF NTC NIW~ M 0» TAMPA F902 400 Tmn OS U76T 09/02 IS/02 21/02 23/02 25/02 26/02 27/02 04/03 07/03 TALAIOT F903 400 Tom 6.3 M 26/01 22/02 02/03 OS/03 07/03 09/03
      1,222 words

  • Page 30 Advertisements
    • 760 30 ■ANOKOmMAP TA PWUT/ÜBM CM ABA MO j JAKABT A/FAMJANO VESSEL VOY WW BKK MTP LCH~ VESSEL VOY SIN JKT PJN KOTA RATNA RNAOBI In Pt 16/01 GURU BHUM 112S In Pt 17/01 NANTABHUM" 428N In Pt 18/01 17/01 GURU BHUM 112 SB 14/01 17/01 DANU BHUM 24N 14/01 17/01 16/01
      760 words
    • 562 30 f^KBH mi m uu raw LINE VSt VOT r*l POtl I *'PAM/»'D«* H'KIX ItUMH AWTWIIP A VtSSII 31/01 I IS/M I 10/01 pun W/tT" TO AUSTRALIA "~1 FULL COmNHER SEPMCE va [votl wc mn 1 m 1 ihi std mb. hia ul m AftMMT 0W 14/01 It/01 M/ 01 W/01
      562 words
    • 934 30 VESSELS VOY PKL MLA LEH RTM HAM ZEE 90T WLLEOEVBA N2BW IXH 20/01 02/02 06/02 10/02 11/02 13/02 14/02 VKJ-E OE SHANGHAI H29W 26*)1 27/01 OBAg IMB IMB 17/02 19/02 2MB VJLE D*OHION Y29W 02/02 03/02 16/02 22/02 23/02 24/02 2MB 27/02 VILLE OE MIMOSA V3OW I(yQ2 23/02 01/03 02/03
      934 words

  • Page 31 Advertisements
    • 52 31 S ElTl Dial 740-6000 OTIG€ *****10 (Retrieve more schedules!) dB Press T I X\ Select the port and key in the four digit code Jft# eg: To New York (NYO 2275 Key in your fax number ST Enter your phone number Another innovative service offered by The document will be
      52 words


  • Page 33 Advertisements
    • 145 33 f 1 ■mm 1 FREE Reader Enquiry Service cut out and Fax to: 65-74-***** 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: ADVERTISERrPRODUCTS/SERVICES Saw an advertisement in Shipping Times of
      145 words

  • Page 34 Advertisements
    • 899 34 «_&AMUDERA SHIPPING LINE LTD I —■S— 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR 80. **********00 TEL *****88 FAX: *****29 (OUTWARD) *****03-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT HUE: 535 6266 Ceila/Jessica/Mel Chan/Jetlynn/Oora/Hanlm SnSSSDHHISSH 7 SLGS/WEEK E28E2131 2 SLG/WEEK I VESSEL pVOY rsm TIAK
      899 words
    • 558 34 tigMg CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI ACCEPTING ROTH SOC AND COC CONTAINER [vissa VOYAGE HA SMGAPORE ETA COLOMM Ett KARACHI MAI/T" OQSHW 12/DI/W 17/DI/W 22/01/W SWAT 005HW 17/01/W 22/01/W 27/01/W SHAIAMAI 004HW 31/01/W OS/02/99 10/02/ M SUM 004HW 07/Itt/W ~i"2/02/w 1776t?^ SHAUMAI 007HW 72/02/* 27/02/ M
      558 words
    • 441 34 ENG LEE SHIPPING CO PTE UDI MaeEi Mi 533M7S (A Ua*t) Fax: *****31/*****40 I T CR Mm 1»i199>»9»c I VESSEL VOY SIN ETA SIN ETD DESTINATION Utnon Slor 8 7/79 10/01 12/01 Port Klong/Btlown Buono Abodi 2/99 14/01 JS/01 Kuofa lungkol/iofnfa. Rosmotawti 1/99 14/01 15/01 tab Ingkol/Soroboyc S«* Central 2/99
      441 words
    • 421 34 Singapore Soviet Shipping CPI L\\« aHe lOOSOUOOOON k\\l MvltflilK Shipping PL 33) w** o** 4 a Ho **********0 C VESSEL VOY SIN BOM PNO PKL SEA SUCCESS 1 0014 15/01 22/01 KOTA RUKUN RKNO2S 19/01 27/01 07/02 KOTARATU RTUO33 2ftA)l 03/02 13/02 ttssa voY sm calcutta mm M REGINA RGAO79
      421 words

  • Page 35 Advertisements
    • 778 35 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO 1 hs I m *r I su» I h>g 1 nw I f I Km I m I NTt w I MY I *w 1 TAE -JffILHOKMPfMf /OUI 72/01 26/01 10/01 12/01 03/02 30/01 11/02. U/M J4/03. J7/03_ JIM. JIM. JSZSL J2Z"
      778 words
    • 1547 35 yissr/voyage I spori I sou m» haw jj Ivptt/vpYAQf ffl HW HAE UH I MH M»WTA [WW TOETP raMKOmOOM OWMOT 1441 3041 01.07 02.02 0102 POHI SOUTHAMPTON OSEASI Hll 21.12 2112 Hl2 IUI 1101 NM 2UI H-01 rONL SOUTHAMPTON 05WA04 2101 IXO2 15.02 14J>2 20.02 NTK SWKUS 05EA52 2112 2112
      1,547 words

  • Page 36 Advertisements
    • 912 36 VESSEL VOY SIN MAA SIN I J BAUHINIA 016 14-15/01 22-24/01 28-2&01 I TIGER PEARL 675N 17 18K)1 22-24/01 29-30/01 I TIGER SEA 677N 20-21/01 25-28/01 02 03Y02 I TIGER BAY 678N 24-25/01 30-02/02 I TIGER ISLAND 680N 27-27/01 01 04/02 08 09/02 I TIGER PEARL 679N 29-3CMJI 04 06/02
      912 words
    • 655 36 Jl. FREIGHT LINKS EXPRESS Te,: *****66 (60 Lines) Fax: *****33 E-mail: flesln@slngnet.com.s9 SCANDINAVIA ITALY/SPAIN Genoa Sweden Norway La Spezia Gothenburg Oslo Barcelona Stockholm He,sinki Valencia Malmoe Stovanger Greece/Egypt ■I* Bergen Pireaus Trondheim Alexandria Malta Denmark Finland South America Aarhus (Denmark) Helsinki Copenhangen (Denmark) Turku a pariso r 3 Tampere Bueno
      655 words
    • 1334 36 OOCI (Singapore) Pte Ltd CFS Keppel Distrpk 79 Aim* Rood *21-04 (S) *****6 Hk 513 *01-128 Ct NO **********0H W: 272 7827 9 r^^Tr^V *****13 f.« 221 3942 F«: 272 7825 /f/K\¥ OH Orient Overseas Container Line Ituv) (Malaysia) Sdn BKd (Rag Na *****2-U) caff v3r* »tsi PtTAUNG JAYA W:
      1,334 words

  • Page 37 Miscellaneous
    • 125 37 LEGEND R Thunderstorm Temperature c 7 Shower Weother Wind direction with speed m knots ee Ram Cloudy Sky Wove height Surtoce winds ore indicated by arrows which fly with the wind One full circle represents colmVhght ond variable wmds One hoM tleche represents 5 knots L-. One fun tleche represents
      125 words

  • Page 38 Advertisements
    • 29 38 M=l=l=U If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. Another i Classified 1 cats. Service
      29 words