The Business Times, 5 February 1999

Total Pages: 56
1 56 The Business Times
  • 13 1 THE BUSINESS TIMES MITA (P) 04^12/98 85e SINGAPORE Internet http://business-times.asial.com.sg/ FRIDAY, FEBRUARY 5,1999
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  • 1314 1  -  Move expected to pat stocks back on MSCI index From] Eddie Toh, Ruth Wong, Diana Oon Abdullah MALAYSIA yesterday removed a key pillar of its exchange controls the oneyear freeze on repatriating proceeds from the sale of equities by foreigners and replaced it
    NST  -  1,314 words
  • 567 1  -  From', Eddie Teh, Ven Sreenivasan INVESTORS holding Malaysian shares previously traded on Clob International, Singapore's over-the-counter market, will be subject to the new exit tax when holders of these scrip are allowed to trade their shares. But no
    567 words
  • 391 1  - SingTel to invest in start-ups for better returns, technologies TAS welcomes more, says it will maintain S'pore's edge By' Teh Hooi Ling [SINGAPORE] Singapore Telecom said yesterday it has set up a venture capital firm to invest in high-tech startups in its search for higher returns as well as insights
    391 words
  • 599 1  -  Restrictions on domestic outflows remain: analysts By) Larry Wee [SINGAPORE] The 3.80 Malaysian ringgit fixed peg to the US dollar imposed in September last year is likely to remain for some time, analysts say, despite Malaysia's relaxation of a key capital control measure.
    599 words
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    • 107 1 prams Hw Bank of England stunned the market yesterday by slashing UK interest rates, the fifth cut since October, by half a percentage point to &5%, P*K> TOP ffl BEST-SELLERS IN PROPERTY Federal Reeerve policymakers left interest rates unchanged at their first meeting of the year on tlf, g, a<
      107 words
    • 188 1 Mora ■"•ports, Pg 2 Ran won't attract fresh funds: fund managers Commentary: Malaysia parts the curtain.... a little Daim's statement, plus quotes from the industry Finance Asia called us Asia's Best Private Bank. So when will you call us? For the third consecutive year, ÜBS has personal needs and wishes
      188 words

  • MALAYSIA'S EXIT TAX POLICY
    • 787 2  -  Complex levy system is big deterrent and memory of freeze still fresh From Andrew Marks, Neil Behrmann FUND managers in America, whose funds constitute the bulk of foreign portfolio investment in Malaysia, doubt that the easing of a key component
      787 words
    • 376 2  -  Exit tax an improvement but is still a constraint By Wong Wei Kong [SINGAPORE] Malaysia's implementation of an exit tax to replace the 12-month holding period for stock market proceeds is unlikely to lead to a major diversion of regional fund
      376 words
    • 824 2  - M'sia parts the curtain a little COMMBMTABT One big concern that remains is what will happen to the ringgit By Vikram Khanna The writer is BT's Regional Economics Editor MALAYSIA'S new relaxation of its policy on repatriation of portfolio capital is hopefully a first step towards the larger goal of
      824 words
    • 433 2 THE following is a statement by Finance Minister Daim Zainuddin on repatriation of portfolio capital. "The government wishes to announce a new policy with respect to the repatriation of portfolio capital. The measures implemented on Sept 1, 1998, which include the requirement for such capital to be in
      NST  -  433 words
    • 484 2 "We were definitely trying to get out. But now there isnoreasonforustowanttogetouL" -Mark MoNna, managing director of Tetnpleton Asset Management Ltd "We think it's positive. Even in the extreme case, Malaysia's got adequatefunds to meet any outflows resulting from the relaxation in capital controls." Cha* CMa Lin, ABN
      484 words

  • 1384 3 OVERSEAS UNION BANK (OUB) first opened its doors on 5 February, 1949, with a staff of 27 and a paid-up capital of $2 million. The banking scene in Singapore at that time was dominated by three British Exchange banks which financed the
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  • SHGAFORE AT HOME & ABROAD
    • 602 4  -  Such posts form 27% of Sept vacancies which were down to a record low By\ Eugene Low WHILE job vacancies fell to a record low of 15,465 last September, the proportion of openings for professionals, skilled technicians and managers almost doubled last year
      Source: MOM  -  602 words
    • 336 4  -  By' Wong Wei Kong [SINGAPORE] Retraining, not retrenchment, is the main issue facing employees of the enlarged DBS Bank following its acquisition of POSBank, union leaders said yesterday. While there are overlaps in areas such as retail banking, the bank
      336 words
    • 318 4  -  By. Ang Wan May SINGAPORE stands a good chance of achieving above zero growth this year if the US economy's projected growth of over 2 per cent is sustained, says Economic Development Board chairman Philip Yeo. Mr Yeo
      FILE PHOTO  -  318 words
    • 358 4  -  By' Toh Han Shih SINGAPORE Network Services will make it safe for merchants to sell digital goods online, spurring the growth of online delivery of "soft goods" such as software, music or information. SNS will use the technology of Trust Marque, a UK
      358 words
    • 328 4  - HDB's unsubsidised housing loans cheaper for now By Ang Wan May THE Housing and Development Board has a problem, albeit a temporary one: its interest rates for unsubsidised housing loans are now lower than those for subsidised loans. Come March 1, HDB flat owners with unsubsidised loans will enjoy a
      328 words
    • 342 4  -  By Ven Sreenivasan THE Housing and Development Board's inaugural offer of $270 million of five-year bonds was 2.25 times subscribed by institutional investors when the offer closed at noon yesterday. The HDB has fixed a coupon rate of 3.875 per cent,
      342 words
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  • ASIA'S ECONOMIC SLUMP
    • 537 5 Investors worried about the family's companies, which include a listed firm {TAIPEI] Taiwan's financial malaise deepened as prominent legislator Liu Ping-wei flew with members of his family to the United States, after he bounced NT$l26 million (556.6 million) in cheques and depositors mounted
      REUTERS; Source: Bloomberg  -  537 words
    • 431 5  -  Company even plans to raise stakes in business there /•Yorrv Quak Hiang Whai in Hongkong THE Jardine Matheson Group, which employs 12,000 workers in Indonesia, is in for the long haul in the politically explosive republic and even plans to increase its
      431 words
    • 317 5 [BANGKOK] Thailand's "bidder of last resort" for assets of 56 now-defunct finance companies said yesterday that it may not participate at an auction on March 10 because of a possible shortage of funds. The Asset Management Corp (AMC) said it
      317 words
    • 380 5  -  Governor says worst over, aims for 5-10% real interest rate By] Eugene Low [SINGAPORE] The Indonesian economy should grow by between minus 2 and zero per cent in year-on year terms in 1999, says Syahril Sabirin, governor of Indonesia's
      SIEW YAW HOONG  -  380 words
    • 521 5  -  By' Yang Razali Kassim [SINGAPORE] With the help of the International Monetary Fund, Indonesia is devising a mechanism to monitor large-scale capital movements so that it can react to any sudden flows, Central Bank governor Syahril Sabirin said in an interview with BT yesterday.
      521 words
    • 160 5  -  LETTER TO THE EDITOR Rolland Miller Rion Financial Consultants British Columbia Canada via Internet BRAVO, Yang Razali Kassim (Going for a global economy with a human face, BT Feb 3). I have spent 36 years in the Financial world in Canada and have done business
      160 words
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  • Page 6 Advertisements
    • 781 6 ANNOUNCING A BOND ISSUE THAT WILL GENERATE A LOT OF INTEREST CjC] HOUSING |> DEVELOPMENT LMJ BOARD First bond* issue open to the public available through Citibank and five participating banks. Take advantage of this bond issue coming from one of the most established pillars of 2 Applications through the
      781 words

  • SOUTH-EAST ASIA
    • 199 7 SINGAPORE AFP MEN are the decision makers when it comes to grocery shopping in almost half of Malaysian households, but Korean husbands would rather leave that chore to their wives, an Asian survey showed yesterday. Next to Malaysia, Singapore has the
      AFP  -  199 words
    • 297 7 JAKARTA It also plans bill to ratify convention against violence AFP THE Indonesian government plans to submit two draft bills later this week, to ratify the Convention against Violence and Discrimination and to revoke the anti-subversion law, President B J Habibie said yesterday. "On
      AFP  -  297 words
    • NOTE Book
      • 62 7 AFP [BANGKOK] Thailand is about to bail out of the International Natural Rubber Organisation (Inro) because it no longer serves the country's interests, Deputy Agriculture Minister Newin Chidchob said yesterday. He said Thailand, one of the world's biggest rubber producers, was not getting value for money
        AFP  -  62 words
      • 54 7 AFP [BANGKOK] Chinese Foreign Mincer Tang 1 arrived in Thailand yesterday at the start of a thrMHtay visit expected to seal a blueprint for relations in the next century. Bilateral contacts this year will include state visits by Chinese President Jiang Zemin and Thai Prime
        AFP  -  54 words
      • 61 7 AFP [BANGKOK] Almost 4,oooThai farmers from north-eastern provinces rallied near the Grand Palace here yesterday to demand government help to solve their debt problems. Members of the Thai Farmers Group said they wanted the government to act quickly to ease the debt burden for
        AFP  -  61 words
      • 107 7 Bernama [KOTABAHARU] Kelantan Barisan Nasional chairman Annuar Musa said the BN is confident ofwinning 27 seats out of the 43 Kelantan State Assembly seats in the coming general elections, to topple Parti Islam (PAS) and form the state government. "Yesterday, Datuk Ibrahim All (Deputy Minister
        Bernama  -  107 words
    • 291 7  -  Jakarta production to remain suspended; Nissan will also cnt number of models From. Anthony Rowley in Tokyo JAPAN'S Nissan Motor Co is far more pessimistic about prospects for Indonesia than for other Asean economies, and the company will shortly begin exporting vehicles (mainly trucks)
      FILE PHOTO  -  291 words
    • 397 7  -  By Diana Oon Abdullah in Kuala Lumpur MALAYSIA is ready to take steps to boost cargo destinations from its new international airport to combat an outflow to Singapore's Changi airport, Transport Minister Ling Liong Sik said yesterday. He said the country
      397 words
  • Page 7 Advertisements
    • 237 7 Introducing a truly AmaZing Lens The New SEIKO Super SV 1.67 MX A revolutionary "double aspherical" design creating a lens so thin and vision so clear comfortable and distortion-free, you can actually feel the difference. Amazing true. A lens construction HBHBBBBBBBBBBBBI in its superiority that we named the the to
      237 words

  • CHINA-HONGKONG-TAIWAN
    • 258 8 BEIJING AFP [BEIJING] Chinese Premier Zhu Rongji has promised to step up supervision of construction projects following a spate of deadly accidents caused by corrupt officials, media reports said yesterday. Mr Zhu pledged to "pay special attention" to improving construction quality, observing
      AFP  -  258 words
    • 354 8 HONGKONG Strain on public resources amid ageing population AFP HONGKONG will face further strains in its resources following a landmark court ruling allowing mainland children of the territory's residents the right of abode, a bank report warned yesterday. The report by Hang Seng
      AFP  -  354 words
    • 480 8 HONGKONG Meanwhile, Internet phone service operators slammed for bypassing govt AFX-Asia AFP CHINA Telecom may be divided into three companies as a major step by the Chinese central government toward increasing market competition, Xinhua reported. The agency cited Minister of
      AFX-Asia; AFP; REUTERS  -  480 words
    • 435 8 HONGKONG Stock offering to be priced today in difficult market NYT MUCH of the sparkle that China had for investors has been dimmed by a slowing economy, debt-ridden corporate sector and recurrent fears of a currency devaluation, which is why rivals of
      NYT  -  435 words
    • SINO Briefs
      • 58 8 Reuters [SHANGHAI] China's central bank has ordered tights supervision of the nation's problem-ridden lotteries, the official Shanghai Securities News said yesterday. All lottery sales must now be approved by the local branch of the central bank, and sales of lottery tickets must be shifted
        Reuters  -  58 words
      • 79 8 Bridge News [BEIJING] A Chinese official warned on Wednesday that major state-owned enterprises (SOEs) will be stripped of privileges in terms of bank loans and supplies if they fail to establish research and development centres ova- the next two years, the official
        Bridge News  -  79 words
      • 73 8 Bloomberg [HONGKONG] North-east China may be hit by drought this year if the current dry winter persists, threatening the planting of corn, wheat and soybeans, Chinese officials warned. About 6.7 million ha in China's corn belt and breadbasket may be at risk, the China
        Bloomberg  -  73 words
      • 76 8 Bloomberg [TAIPEI} China Development Bank, Taiwan's biggest listed investment company, which is controlled by the Nationalist Party, said Januaxy pre-tax profit exceeded NT1740 million (5138.7 million), while February's pre-tax is also likely to exceed NT9700 million. Both figures are about the same as last
        Bloomberg  -  76 words
    • 195 8 U BEIJING AFP CHINA has sent almost 9,000 armed police to Yining city in its north-west Muslim region of Xinjiang, the scene of previous anti-Beijing rioting, official Chinese media reported yesterday. "The Central Committee of the Communist Party is paying special attention
      AFP  -  195 words
    • 347 8 CHONGQING China's slowing economy, big job cots a formidable one AFP THE mayor of this sprawling, smog-choked industrial metropolis in south-west China calls them a veritable "treasure". Mayor Pu Haiqing could be referring to the 10,000 factories in Chongqing's 40 dependent districts, or
      AFP  -  347 words
  • Page 8 Advertisements
    • 168 8 |y SCOIO EXECUTIVE TIPS FROM JOHN SLEDGERS: How to succeed in business 1. Be energetic. Dedicate your time and energies to your work. Believe in yourself and your abilities. 2. Learn everything you can about the business you are in. Have a vision. 3. Plan. Visions require systematic planning to
      168 words
    • 36 8 1 VI THE WORLD S LEADING l OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS I' Incorporation Fees from USSSOO a BAHAMAS JERSEY V i m BRITISH VIRGIN MAURITIUS ISLANDS it t CAYMAN SEYCHELLES ISLANDS SAMOA WT IRELAND
      36 words
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  • ASIA
    • 424 9 ROME Officials nrge Tokyo and EU to play their part in easing global financial crisis IHT TRADE tensions between the US and Japan are mounting, and Washington is prepared to impose sanctions on Tokyo unless Japan takes rapid action
      IHT  -  424 words
    • 390 9 SEOUL Ponds allegedly for Kim Young Sam's election campaign AFP THE jailed former head of South Korea's bankrupt Hanbo Group said yesterday he had given former president Kim Young Sam some 20 billion won (5528.8 million) to fund his successful presidential
      AFP  -  390 words
    • 168 9 SEOUL Bloomberg CORPORATE failures in the South Korean capital of Seoul dropped to a seven-year low in January, thanks to falling interest rates and improving economic conditions. The number of insolvent companies in Seoul where more than 80 per cent of the country's financial
      Bloomberg  -  168 words
    • 440 9 NEWDELHI Vajpayee accepts Sharif invite to ride Ist cross-border bus NYT PRIME Minister Atal Behari Vajpayee of India accepted a warmly worded invitation on Wednesday from Prime Minister Nawaz Sharif of Pakistan to ride the first bus to roll from India to Pakistan
      NYT  -  440 words
    • 264 9 SYDNEY Bat economists still upbeat, dismissing it as aberration AFP AUSTRALIA recorded a dramatic drop in consumer spending on retail goods over the Christmas period, the Australian Bureau of Statistics said yesterday. But economists called the figure an aberration and predicted a strong
      AFP  -  264 words
    • 148 9 TOKYO Bloomberg JAPAN'S domestic shipments of personal computers during the October-December period recorded their sharpest rise in seven quarters, industry figures showed. PC makers, such as NEC Corp and Fujitsu Ltd, shipped 1.852 million units, 16 per cent more than in the same
      Bloomberg  -  148 words
  • Page 9 Advertisements
    • 198 9 Bell Ross VINTAGE COLLECTION Model: Vintage 126 B. Deluxe Eastern Watch Centrepoint. Sincere Watch Ngee Ann City. Sincere Watch Duty Free Singapore Changi Airport Terminal 2. Watches of Switzerland Forum. Information and catalog: Exclusive Distributor: BMI Singapore. Tel 737 3786. Fax 737 7300. e-mail: samben@hld.fjb.com. sg. website: http://www.bellross.com H mm
      198 words

  • THE WORLD
    • 446 10  -  This marks fifth foil since Oct to 5-5%; slack domestic activity, weak global environment cited From, Neil Behrmann in London THE Bank of England stunned the market yesterday by slashing UK interest rates by half a percentage point to 5.5 per cent.
      446 words
    • 553 10 WASHINGTON Overnight bank lending rate stays at 4.75%, discount rate at 450% Bloomberg AFP FEDERAL Reserve policymakers left interest rates unchanged at their first meeting of the year on Wednesday, betting that the nation's longest peacetime expansion can continue with no acceleration in inflation. The Federal
      Bloomberg; AFP  -  553 words
    • 413 10 RIO DE JANEIRO Everything scheduled to ran as normal: spokesman Bloomberg AFX-Asia THE International Monetary Firnd would not accelerate the next instalment of an aid package for Brazil, saying it will likely be paid at the end of the month as planned.
      Bloomberg; AFX-Asia  -  413 words
    • 260 10 MOSCOW Bloomberg RUSSIA'S economy contracted by 4.6 per cent in 1996 as production fell after the rouble's plunge choked domestic demand, and analysts said gross domestic product could fall even further this year. The government forecasts a drop in GDP of between one per
      Bloomberg  -  260 words
    • 57 10 [BONN] Members of the environmental organisation Greenpeace sitting on the roof of the headquarters of the Social Democratic Party (SPD) during a protest to demand the closing of all nuclear power plants in Germany yesterday. A marionette made to look like Social Democratic German Chancellor Gerhard
      REUTERS  -  57 words
    • 375 10 THE MICROSOFT CASE Govt highlights inconsistencies in demo; Microsoft does new version LAT-WP [WASHINGTON! Voicing doubt about Microsoft Corp's credibility, the federal judge conducting the software giant's antitrust trial Wednesday called a key video presentation that the company prepared "not reliable". He also
      LAT-WP  -  375 words
    • 206 10 WASHINGTON AFP WHITE House adviser Sidney Blumenthal acknowledged on Wednesday that President Bill Clinton lied to him about his relationship with Monica Lewinsky, CBS television reported. Mr Blumenthal, SO, reportedly said so during questioning behind closed doors by Republican prosecutors as
      AFP; REUTERS  -  206 words
    • 588 10  -  OKJMTOirS IMPEACHMENT Bnt there's still m agreement on how Monicagate will cenclnde From Leon Hadar in Washington WELL, don't hold your breath. But it is quite conceivable that President Bill Clinton's impeachment trial in the US Senate could come to
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    • 267 10 BRUSSELS But companies fear sales losses soon amid slowing demand Bloomberg CONSUMER and business confidence in the 11 countries in Europe's single-currency region rose in January, the European Commission said yesterday, amid record-low inflation and consumer expectations of rising wages. The economic confidence index
      Bloomberg  -  267 words
  • Page 10 Advertisements
    • 85 10 Further Cost Cutting Strategically located near Orchard Road With OUr financial district. Corporate Package successfully combines the old-world service with *S$ 115 Single Double ""tZTylT^y Welcome dnnk comfonablei Deluxe room on corporate floor tnemor Daily buffet breakfast Free pressing of 2 garments per stay Complimentary coffeMea making facilities 2 swimming
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  • EDITORIAL & OPINION
    • 796 11  -  THB BOTTOMLDVE OPINION By Michael Lewis Michael Lewis, the author of Liar's Poker and The Money Culture, is a columnist for Bloomberg News. The opinions expressed are his own Bloomberg I, FOR one, am still puzzled by what happened in the financial
      Bloomberg  -  796 words
    • 103 11 'Maybe I am the most stupid guy existing in Indonesia. It's all right with me. The fact is that I'm the president' -B J Habibie president of Indonesia. 'Habibie's survival depends very much on how the elections are conducted. If they are not fair, he is finished.
      103 words
    • 636 11 EDITORIAL WHEN all else seems to fail, it's the humble tourist dollar that often comes to the rescue. Asean's latest move to have a fresh coordinated crack at luring foreign visitors deserves nothing less than kudos. For a long time, governments have relied on prima
      636 words
    • 881 11  -  Chinese cities like Bering are growing as production and business centres as high costs hnrt HE By\ Elaine Ng The writer is a director with William M Mercer, a US human resources consultancy based in Hongkong. She contributed this article to Business Times THE high cost of
      FILE PHOTO  -  881 words
    • 735 11  -  By Floyd Norris NYT FROM Davos, where Microsoft's Bill Gates was expressing bewilderment as to why people would pay so much for Internet stocks, to Washington, where Alan Greenspan, the US Federal Reserve chairman, questioned overall stock prices but said some
      NYT  -  735 words
    • 400 11 IT IS out in the open now. In the foolish little world of sport, the lords are trying to tell the rabble what is good for them, and they are answering back. The lords of sport ride in limousines...and the monarch of the "Olympic family" prefers
      400 words

  • Page 12 Advertisements
    • 225 12 Your Business Partner in Asia, the Pacific Rim and the world. Our commitment to Asia More than 50 years ago, Bank of America made a visionary commitment to help finance Asia's development, and built a network to do it. Today, our commitment is stronger than ever. With offices in 25
      225 words

  • COMPANIES & MARKETS
    • 436 13  -  Financial covenants breached; higher interest offered to instrument holders By Conrad Raj [SINGAPORE] The SembCorp Industries group has offered to pay half a percentage point more in interest to entice investors of two of its debt instruments to hold on to their securities. This
      436 words
    • 473 13  -  By< Annette Pan [SINGAPORE] Homegrown plastic injection moulding firm Chosen Holdings, whose initial public offer will be launched on the main board later this month, expects to maintain its earnings, with margins at levels above the industry norm. The company's chairman and managing director
      CHRIS LOH  -  473 words
    • 695 13  -  HOCK LOCK SIEW R Sivanithy DOES size always matter? Most people would say yes. After all, one of the supposed truths in life is that the bigger something is, the better. In most stockmarket-re-lated areas, size is important. All the recent mergers to
      695 words
    • 426 13 RM7B9m set aside for bad loans, more than donble the amount a year ago Bloomberg [KUALA LUMPUR] Bank Bumiputra Malaysia Bhd, the country's second largest bank, swung to a loss in the first six months ended Sept 30, as it set aside money for
      Bloomberg  -  426 words
    • 121 13  -  LETTER TO THE EDITOR Dulcie Chan Corporate Communications Manager Telecommunication Authority of Singapore I REFER to the article 'TAS trying to keep a piece of the pie for Star Hub?" (BT, Feb 4). As explained to The Business Times and The Straits Times,
      121 words
    • 202 13 [SINGAPORE] Pacific Can Investment Holdings is moving into several infrastructure projects in China involving a total capital injection of 1.07 billion renminbi (about Ss2lB million). The mainboard-listed company said in a statement yesterday that it has signed a co-operation agreement with a Chinese
      202 words
    • COMPANIES
      • 751 14  -  Legislators attack justice secretary's reason that charges would hinder Sing Tao restructuring From Loh Hui Yin in Hongkong LACK of evidence and "public interest" were the two reasons why the Hongkong government did not press charges against publishing tycoon
        751 words
      • 288 14 Sale marks part of restructuring of UMW Toyota Motor Bernama [KUALA LUMPUR] UMW Corporation Sdn Bhd is to sell 12.41 million shares or 21 per cent equity in UMW Toyota Motor Sdn Bhd to Toyota Motor Corp of Japan,
        Bernama  -  288 words
      • 318 14 Analysts also reject ramonr given the companies' agendas AFX-Asia [BANGKOK] Siam Cement pic and Thai Petrochemical Industry (TPI) rejected suggestions the two companies are considering a merger, with analysts equally sceptical given the two companies' current agendas and the circumstances in Thailand. In
        AFX-Asia; FILE PHOTO  -  318 words
      • 145 14 Reuters [KUALA LUMPUR] Malaysia's Taiping Consolidated Bhd said the Securities Commission has approved its plan to sell three properties to power and construction group YTL Corp Bhd for 323 million Malaysian ringgit (*****.6 million). Taiping said in October it was
        Reuters  -  145 words
      • 322 14  -  Bnt company points ont that its NTA falls by a much smaller $l«L2m By Eugene Low [SINGAPORE] General Securities Investments (GSI) has plunged into the red with a hefty $53.9 million group net loss for the full year ended Dec 31,1998. Loss per
        322 words
      • 256 14 AFX-Asia Reuters [MANILA] Nippon Telegraph and Telephone Corp (NTT) is exploring the possibility of entering a strategic partnership with Philippine Long Distance Telephone Co, PLDT president Manuel Pangilinan said. "They (NTT) are one of many. There are a lot of other foreign
        AFX-Asia; Reuters  -  256 words
      • 298 14 AFX-Asia Reuters [KUALA LUMPUR] Renong Bhd said its unit, Prolink Development Sdn Bhd, has proposed to amend the mode of payment for the sale of 426 hectares of land to SP Setia Bhd unit Bukit Indah (Johor) Sdn Bhd. Renong said
        AFX-Asia; Reuters  -  298 words
      • COMPANY Briefs
        • 79 14 [SINGAPORE] The public offer of shares by Eagle Brand Holdings was 2.5 times subscribed when it closed yesterday. The Chinese ceramic tile and bathroom fixtures maker launched its IPO 0f230 million shares at 19 US cents apiece last week. Just 10 per cent, or
          79 words
        • 53 14 [SINGAPORE] Provisions Suppliers Corp is seeking shareholders' approval to buy back up to 10 per cent of its 225.15 million issued shares. It said repurchases will be made to iron out speculative fluctuations in its share price and to facilitate the return of cash
          53 words
        • 124 14 [SINGAPORE] Kian Ann Engineering is placing out 5 million new 20 cent shares while shareholder Eik Ann Co Pte Ltd is placing out 4 million existing shares. Eik Ann has a direct 4.2 stake in the company and is owned by four substantial shareholders, who
          124 words
        • 46 14 [SINGAPORE] CK Tang yesterday announced the appointment of Foo Tiang Sooi as its new chief operating officer with effect from Monday this week. Following his appointment, he has resigned as a member of the audit committee but remains a director.
          46 words
        • 61 14 [SINGAPORE] Construction and properties group Lim Kah Ngam (LKN) yesterday disclosed that non-executive director Lim Kong Eng has been reducing his warrant holdings in recent days. Mr Lim sold 50 lots cm Feb 3 at 11.5 cents each and 245 lots at 12.24 cents
          61 words
        • 83 14 [SINGAPORE] Cam International Holdings has finally divested all its 80.33 per cent equity stake in Cam Agro-Innovation (C AD. its investment holding company with shares in aeroponic vegetable farm operator Aero-GreenTechnology (S) Pte Ltd. The purchaser is one Chao Tzu Yun,
          83 words
        • 106 14 [SINGAPORE] Hamper and gifts company Noel Gifts International Ltd has sold a property in London for £2.5 million (556.9 million) in view of a softening property market in the financial hub. Its subsidiary Kesteral Ltd sold the property at 30 Lancaster Gate, Bayswater, to
          106 words
        • 25 14 [SINGAPORE] United Industrial Corp Ltd has raised its effective interest in property arm Singapore Land Ltd to 57.15 per cent.
          25 words
        • 34 14 Bernama [KUALA LUMPUR] Former Bank Negara assistant governor Abdul Murad Khalid has been appointed executive director of RHB Bank effective Feb 8,1999, the commercial bank said yesterday. Bernama
          Bernama  -  34 words
    • REGIONAL COMPANIES
      • 459 15 High restructuring charges, strong yen to worsen its first full-year loss Bloomberg [TOKYO] Hitachi Ltd, Japan's largest electronics maker, said it will lose a larger-than-expected 375 billion yen (555.6 billion) in the year ending March 31, its first-ever fUll-year loss, because
        Bloomberg  -  459 words
      • 188 15 AFX-Asia [HONGKONG] Hongkong Telecommunications Ltd has filed high court writs against New World Telephone Group and New T&T Hongkong Ltd seeking damages of HK5426.5 million (5592.9 million), arising from a re-routing of calls from abroad, the South China Morning Post reported, citing the
        AFX-Asia; AFP  -  188 words
      • 189 15 Bridge News [TOKYO] Sony Corp and a group of companies will jointly launch a digital broadcasting data service for sending information, visual images and music to subscribers' television sets, Kyodo news service, quoting company sources, reported yesterday. The joint company, IBC, will be capitalised at
        Bridge News  -  189 words
      • 342 15 It estimates gain of HKs23om from sale of New York hotel Reuters [HONGKONG! Lai Sun Hotels International Ltd said yesterday that it had signed an agreement to sell its 49.99 per cent indirect interest in the Four Seasons Hotel in New
        Reuters  -  342 words
      • 240 15 Bloomberg [TOKYO] Sanyo Electric Co, a Japanese consumer electronics maker, said it will form a "comprehensive" alliance with Eastman Kodak Co, the world's largest photography company, to produce new flat display panels. The new panels, called organic electroluminescence display, are better
        Bloomberg  -  240 words
    • INTERNATIONAL COMPANIES
      • 288 16 Quote attributed to 6M Europe chief 'completely incorrect' Bloomberg [ZURICH] General Motors Corp, the world's biggest carfnaker, yesterday denied a Belgian newspaper report that it's interested in an alliiuice with Bayerische Motoren Werke AG (BMW). La Libre Belgique quoted GM Europe
        Bloomberg  -  288 words
      • 323 16 Reuters [SAN FRANCISCO] HewlettPackard Co, best known for its computers and printers, told investors on Wednesday it wants to be known as an Internet company, too. Hewlett-Packard has folded many of its hardware and software units into a new In-ternet-focused division the biggest
        Reuters  -  323 words
      • 663 16 Hasbro wins licence to make toys based on Peanuts strip Reuters Bloomberg {SAN FRANCISCO] The yearold partnership of chip giant Intel and toy maker Mattel announced its first two products on Wednesday an electronic microscope and a video camera that both work
        Reuters; Bloomberg; FILE PHOTO  -  663 words
      • 155 16 Bloomberg [NEW YORK] Bell Atlantic Corp, the largest US local phone company, said on Wednesday that it would consider making acquisitions this year to expand the reach of its cellular network. Lawrence Babbio, Bell Atlantic's network group chief executive, told analysts and investors at
        Bloomberg  -  155 words
      • 253 16 Reuters [NEW YORK] Entertainment and media giant Time Warner said on Monday it lost US$2l4 million (*****.2 million) in the fourth quarter, primarily due to one-time expenses, but revenue increased 7 per cent, and its results were better than Wall Street expected. The company said
        Reuters  -  253 words
    • FINANCE & COMMODITIES
      • 326 17 All stakeholders in banks, the whole economy will be hurt: bankers' association Reuters [ZURICH] Swiss banks warned on Wednesday that any further easing of neutral Switzerland's bank secrecy laws would put them at a competitive disadvantage and hurt the overall economy. "Any fundamental
        Reuters  -  326 words
      • 510 17 Bridge News [LONDON] The attempt by Goldman Sachs to resurrect its initial public offering is being taken seriously by Goldman staff, despite scepticism from some commentators, and is seen by some as an attempt to raise funds for the purchase of an asset
        Bridge News  -  510 words
      • 432 17 Few int'l alliances expected amid many national mergers Reuters [LONDON] The harsh realities of overcapacity, high cost ratios, disappointing profitability and expensive technology will continue to accelerate the pace of consolidation in Europe's banking industry, analysts said on Wednesday. But while national mergers
        Reuters  -  432 words
      • 268 18 Reuters (LONDON] The merged SG Paribas will reduce the amount of capital in its lending book by 1.2 billion euros (552.3 billion) in the first two years, vice-president Daniel Bouton said on Wednesday. Mr Bouton said this process had already been
        Reuters  -  268 words
      • 556 18 Chase wants a global investment bank bat analysts say no deal's in sight Reuters [NEW YORK] Chase Manhattan Corp again was rumoured to be prowling around Wall Street looking to buy a global investment bank, but analysts said a deal was not imminent
        Reuters  -  556 words
      • 334 18 Billionaire said to be behind strong demand for the metal Reuters [NEW YORK] Silver prices rose on Wednesday as rumours flew around that US billionaire Warren Buffett might be back in the market and behind the strong demand that continues to reduce metal
        Reuters  -  334 words
      • 199 19  -  SBKELReports MSffl Sitigppnuft tnAw Bob Butcher THE MSCI Singapore Index tested the previous day's lows at one point in yesterday's session but the level nominally below the closely watched 200 level held forcing traders who had sold early expecting a more rewarding break to cover
        199 words
      • 161 19  -  MSCI Taiwan (Mores Juliana Loo Na Na THE Simex MSCI Taiwan Stock Index futures contract yesterday tumbled 11.6 points, the lowest level since April 1996. This foUowed reports that that Koo Chi-yun, president of China Life Insurance Company, is facing financial difficulties. The
        161 words
      • 334 19 EKERGY REPORT Reuters [LONDON] Oil prices fell here yesterday as the market saw no sign of a halt to oil flow from potential trouble spots Iraq and Nigeria. International benchmark Brent futures traded eight cents lower at US$lO.Bl a barrel in
        Reuters  -  334 words
      • 331 19 AFP Reuters London THE euro sank to record lows against the US dollar yesterday amid gloom about European growth prospects but was spared a similar fate against sterling after a larger-than-expected cut in British interest rates. Expectations that the European Central Bank will leave its key money-market rate
        AFP; Reuters  -  331 words
      • Article, Illustration
        1142 19 MTHKBAMKCEQgg KATES M c< tefc fm nr 9m m MHO** T« W 1 WQUfch No l> 0w4 Str t$ HMNrt AmtraNa 0.943 4.171 0.545 1703 1104 1*44 27.092 ***** 0.724 7.440 2.42) 183 ********** 1079 1041 0.905 20.504 ***** 0.390 0.438 MM 5.500 0.507 1047 1147 5334 ***** 57.492 0.754
        1,142 words
      • 1595 19 SXCOM FUTURES Feb 4 ——w———— RU08ER (fatsrw dosing ts it SJOpa) l$S1 CONTRACTS CMh/kf> CteM VMWW tpM ki ik IM-L i wontn wy Hi itit nmifl wt»rwt Mar 99 n5.50 1300 117.50 517.50 f&SO 306 650 99 119.00 625 Jun 99 SUO 200 J*/S*99 ***** 975 0tf/0et99 127.75 127.75 QUO
        1,595 words
    • Article, Illustration
      1315 20 AFP Q Hang Seng *18y8 HONGKONG share prices rose 0.2 per cent yesterday on mild bargain hunting following overnight gains on Wall Street, dealers said. "The gains on Wall Street provided an excuse to prop up the index," said Ben Kwong at Dharmala Securities. "The market's sentiment is cautious.
      AFP  -  1,315 words
    • Article, Illustration
      520 20 AFP Bloomberg n>Sh«izhftn B Index -LB9 SHENZHEN'S B-shares slid to historical lows as investors continued to sell ahead of the Chinese New Year. Shenzhen B-share Shenzhen Pangda Enterprise, which fell over 9 per cent, was a feature with players predicting possible corporate losses for 1998. Traders also cited ongoing
      AFP; Bloomberg; Source: Credit Lyonnais Securities (Asia) Ltd  -  520 words
    • 353 20 AFP QWP Index -228J7 TAIWAN share prices plunged 4.0 per cent yesterday on panic selling triggered by reports that a prominent politician-cum-businessman had left for the United States after issuing bounced cheques worth millions of dollars, analysts said. The Weighted Price Index fell 228.97 points to 5,514.89, posting its
      AFP  -  353 words
    • 2201 20 totHMtt Industrials Ftk4 Peace 31 Group 620.000 *1000 AB Ports 275.000 -3.000 Abbey Nation*! 1232.140 13.140 Allied Domecg 480.000 -4.400 Allied Zurich 949.400 -6.000 Am#c 176.000 1.000 Asda Group 1S9.600 3.400 BAT Ind 610.400 5.400 BG Pic 341.400 -9.600 BtCC 77.000 -3.000 BOC Group 866.400 2.400 BR
      2,201 words
    • 1579 20 AFP P Nikkei 225 -74.41 TOKYO share prices fell 0.5 per cent yesterday for the fourth straight daily decline but late bargain-hunting helped recoup some of the early losses on selling led by banks, brokers said. The market opened firm following a rise on Wall Street and the dollar's
      AFP  -  1,579 words
    • KUALA LUMPUR STOCK MARKET
      • 8617 21 INDUSTRIALS 1999 Last Day Nat Cap H>» Lwr Cii—awy Sin "OOP Law P/I $w« 310 290 Ajinomoto 290 )6.o t17.5 83 72.5 Anqkasa 75 1 19 76 75 110.6 263 250 Apollo Food Hlq 270 14 1 270 270 9.4 108.0 204 172 Berfaya Land 176 4 143 179 174
        8,617 words
      • 428 21 AFP Composite Index +8.48 SHARE prices ended 1.5 per cent higher yesterday spurred by news of Malaysia easing capital controls, dealers said. The KLSE Composite Index rose 8.48 points to finish at 577.32 while the Second Board Index rose 2.78 points to
        AFP  -  428 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • 1885 22 BONOS, LOANS ft WARRANTS wt 52-Wk Utl W«4 Day Last Quota Avg High Lw Stno Company Sate ♦or- I OOO) Mlgh Loo) Buy.r Sailer Price 20.5 3 3160 "Acer ******1USS 12 15 12 11.5 12 13 35 4.5 3164 Acma WO***** 17.5 *1 416 17.5 16 17 17.5 17 3161
        1,885 words
      • 214 22 H0N6X0NG STOCKS Of Or Lwt Vol Day Last Ouota Olv Dtv YM Not M Cap Mt l— Stop CWUMHV U* COOP) Ht» L— Buyor S—or CV P/t >«* 5123 COt (2000) MK <00 8 14 2 20.5 7744.7 5124 Cathay Poc 20c HK_720 265 2.1 7A 6 *****.4
        214 words
      • 180 22  -  WARRANT WATCH -By R Sivanithy SIX out of the top 10 percentage gainers yesterday are 1999 warrants, so maybe these counters are swinging back into the rotational spotlight. Unfortunately, most of them have pretty dismal numbers which make it difficult to recommend them. Of
        180 words
      • 246 22 AFX-Asia □Wellington -106 NEW Zealand shares ended slightly lower yesterday although interest was shown in selected blue chips. The NZSE-40 Capital Index ended down 2.06 points to 2,217.76. Turnover totalled NZ5213.6 million. Tranz Rail fell 0.04 to NZ54.55 ahead of its result. Fat 4 (000) AN2 Banning 12.50 0.20
        AFX-Asia  -  246 words
      • Article, Illustration
        734 22 AFP 71SCT Index -HUff BARGAIN hunting lifted the Thai sharemarket barely higher at the close yesterday despite concerted selling in the troubled banking sector, dealers said. Dealers said buying in selected blue-chips and smaller issues offset a third day of selling in banks and finance companies. National Finance and
        AFP  -  734 words
      • 406 22 AFP n Composite Index -118 SOUTH Korean share prices closed 0.6 per cent lower yesterday on futures-led selling, falling for the third consecutive day, dealers said. The Composite Index closed down 3.18 points to 550.15, off a low of 542.94. Volume was 132.1 million shares worth 1.2 trillion won.
        AFP  -  406 words
      • 586 22 AFP FlAflOriinarieß *2230 SHARE prices closed up 0.8 per cent yesterday as the market reached a new record close for the second time this week, brokers said. The All Ordinaries Index closed up 22.3 points at a record close of 2,940.5. The All Industrials Index jumped 42.3 points to
        AFP  -  586 words
      • Article, Illustration
        726 22 AFP C 1 Composite Index -L 54 INDONESIAN share prices slipped 0.4 per cent yesterday amid a lack of incentives and continuing concerns over the domestic political situation, dealers said. "The underlying market sentiment has actually been bearish during this week as investors are concerned about any recurrence of
        AFP  -  726 words
      • 312 22 AFP Q Manila -2LOB PHILIPPINES share prices closed 1.l per cent lower yesterday after investors took profits from a three-day runup. The Composite Index lost 21.08 points to 1,986.30. Turnover fell to 336 million shares worth 1.3 billion pesos from 751 million shares worth 1.44 billion pesos on Wednesday.—AFP
        AFP  -  312 words
    • 6454 23 Transaction datr :Ft h 4 Cr Gr M Wt 52-Wk Ust Vat Day Last Ouata Oty Mv YM Nat Cap Avg High Lew StNe Company Sale COOP) High Low Buyar Seller C'vr PJt $mll Price MULTt-MDUSTRY 142 17.5 m t 1000 Acma 50c 71
      6,454 words
    • 1190 23 52-Wk Lot VI Day Last Ouota M» Div YM Nat Cap Am Wffc l— ttw» ciw»m t* roooi mm* t— «*—r cw w >■« ww MANUFACTURING 243 30 2049 AS Auto lOc 102 517 102 94 102 103 IS N 7 13 9.6 H6.5 99 79.5 45 2051 ASJ
      1,190 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        326 24 Stacks Votaim SembCorpI 25c 21,022.000 GES Ml lid 14,297,000 DBS Land 13,068,000 STEnggKk 8,665.000 SingTel 15c 7.625.000 Keppei Land50c 4.236.000 Asia Foodi Prop 4.062.000 Keppei LandWOO 4,026.000 MM I HWgs 10c 2,999.000 Ftextech Wt02 2.987,000 SMi SembCorpI 25c 43,300,340 OCBC Foreign 28,368,127 DBS Land 27,724,600 SingTel 15c 17,634,969 DBS Foreign
        326 words
      • 586 24  -  STOCK MSUBT COMMENTARY Recovery seen as technical bounce; market earlier shrugs off firmer Wall St, KL easing of capital curbs By R Sivanithy FOR most of yesterday's session, the local market continued to display its recent indecisiveness and nervousness while shrugging off
        586 words
      • ON THE GRAPEVINE
        • 94 24 TALK about unusual names. Well, in Hongkong, the Securities Futures Commission yesterday announced it has revoked the licence of one Demon Leung Wai Ting for misappropriating some HK$3 million (*****,400) of his clients' money. SFC said the money had been given to him to buy shares on
          94 words
        • 93 24 THE opening day of the OECD Conference on Insurance Regulations and Supervision at Mandarin Hotel earlier this week went smoothly except for a technical hitch—the microphone went off, not once but twice within the space of 30 minutes. The first occasion was when Helena Conruyt-Angene, chairman of the
          93 words
        • 117 24 THEY did it with not quite the real tiling. Coca-Cola Co unveiled the biggest-ever outdoor advertisement in China, a bottle-shaped sign wrapped around a 26-storey skyscraper near Shanghai's landmark People's Square. According to an AFP report, the company held a ceremony earlier this week to mark the
          117 words
        • 129 24 IT claims to be the world's favourite television show but the producers of Baywatch pleaded poverty yesterday, approaching Australia's government for financial help in relocating Down Under. According to an AFP report, the producers have said they fell in love with Australia last year during filming
          129 words
      • Article, Illustration
        52 24  -  ~By Wong Wei Kong KEPPEL LAND shares closed up $0.02 yesterday at $1.65 with 4.23 million shares traded, compared with its 10-day traded average of 3.11 million units. The daily and weekly RSI and stochastics indicate that an uptrend may be forming, and this is supported by the
        52 words
  • Page 13 Advertisements
    • 50 13 GiRARD-PERREGACIX poor FERRARI 250 TR r < > Stainless steel automatic chronograph. Sapphire crystal GP Girard-Perregacix Manufacture depuis 1791 Available at all authorised retailers Exclusive Distributor: jTj jj|'; BMI Pte Ltd \^-M/ Tel: 737 3786 X S^->C> Service Centre Showroom: BMI 6B Orange Grove Road association IHTERPHOffSSIOHMCLLe Tel: 737 3566
      50 words

  • Page 14 Advertisements
    • 209 14 Experience A Whole New Fresh and Sweet Taste of Spring,.. Grand City Fruit Pastries /#!i: come in 3 delicious flavours 9i f Iswi >PWf ry /tISSS andHoneydew. |3fn4raPf*s!l -Tb v v£j*7'* $15.00 per box of mMklMMjifftl jWoSmSSf}! 12 pieces. Less 10% for 10 to 49 boxes. U f Less 20%
      209 words

  • Page 15 Advertisements
    • 228 15 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I, WILSON TOK SU BIN of BLK 44, #07-12, Marine Crescent, Singapore *****4, have applied for a Public House, First Class Licence in respect of M/s Brew Master located at 01-06 A, 12 West
      228 words
    • 903 15 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of General Securities Investments Limited wishes to make the following announcement: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1998 Company Group Incr/ Incr/ 1998 1997 (Doer) 1998 1997 (Doer) Ss'ooo SS'OOO SS'OOO SS'OOO Operating Income
      903 words

  • Page 16 Advertisements
    • 450 16 CSA CSA HOLDINGS LTD (Incorporated in the Republic of Singapore) UNCONDITIONAL CASH OFFER BY CSC COMPUTER SCIENCES INTERNATIONAL INC. (THE "OFFER") Further to the announcement on 1 February 1999, the Directors of CSA Holdings Ltd ("CSA" or the "Company") wish to inform shareholders and optionholders that Merrill Lynch (Singapore) Re
      450 words
    • 142 16 It could come back as a rocking chair. Or as the power of Pycnogenol*. H^mpVji NUVANTA Pycnogenol* Dual with exercise and a sensible Action Nutrient Is a bark extract (Set, NUVANTA Pycnogenol* helps MBSKHKf from the French maritime pine, you put the bounce back Into nuv>nta known for Its powerful
      142 words

  • Page 17 Advertisements
    • 618 17 NORTHSEA OFFSHORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the abovenamed Company w* be held at 250 Tanjong Pagar Road, #05-01. St. Andrew's Centre. Singapore *****1
      618 words
    • 267 17 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF RANCHESTER INVESTMENTS PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the atxMenamedCompanyheUonZßJnoy ***** tbe following Resolutions were duty passed:SPECIAL RESOLUTIONS RESOLVED that the Company be wound up voluntarily pursuant to Section 290(1)(b)
      267 words
    • 317 17 NOTICE IS HEREBY GIVEN that I, CHENG KIAN HENG of Blk 347 Bukit Batok St. 34, #03-268, Singapore *****7, have applied for a Retail Beer Shop Liquor Licence in respect of M/s Cheng Kian Heng Minimart located at Blk 362 Yung An Road, #01-131, Singapore *****2, and that this application
      317 words
    • 1272 17 jjOTjCES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF GERBER CO (SINGAPORE) PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) NOTICE OF FINAL MECTNG NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap.
      1,272 words

  • Page 18 Advertisements
    • 1469 18 I Reft 016 9 Rcf 022 Aniline Leather. Armchair {2388 Aniline Leather Si 188 Pony Skin $1288 2 Seat Sofa $3688. 3 Seat Sofa $4788 ■F Mahogany (Glou or Man) with Aniline Leather Reft 013 H Reft 029 (Adjustable height) H Reft 012 $1285 (Aniline Leather) $888 (Fabric) $318 Aniline
      1,469 words
    • 461 18 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF NIKKO RESEARCH CENTER (SINGAPORE) PRIVATE LOTTED (In Mitin' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pureuant to Portion 290<2H b>) At an Extraordtoary General Meeting tha Company held at 77 Robinson Road 929-02 SIA Building,
      461 words


  • Page 20 Advertisements
    • 67 20 MONT° Wffl Time for Love. I m A Especially since always short of time, should give ourselves gifts of time handcrafted articles that are the result of lots of time and attention to detail. Montblanc Boutiques Writing Instruments Watches Leather Jewellery Eyewear /V v rf/t J•• P (Sl*VZ' fvt a
      67 words

  • Page 21 Advertisements
    • 105 21 NOTICE IS HEREBY GIVEN that I, GREGORY MAJELLA THOMAS of Blk 529 Serangoon North Ave. 4 *06-24, Singapore *****9, have applied for a Public House, First Glass (Ordinary) Licence in respect of M/s Pub Santana located at 74A Serangoon Garden Way, Singapore *****0, and that this application will hie considered
      105 words
    • 107 21 NOTICE IS HEREBY GIVEN that I, KOH NGAKTIANG of Blk 251, *14-37 Compass vale Street Singapore *****1, have applied for a Retail Liquor Shop Licence in respect of M/s Associated Liquor Distributors (S) Pte Ltd located at 501 Orchard Rd #2000 Wheelock Place Singapore *****0, and that this application will
      107 words


  • Page 23 Advertisements
    • 44 23 1 Sole Distributor Main Service Centre: I a THE SWATCH GROUP SKA. (S) PTE LTD I f\ 4MA^r;r^x d LUllgineS LONGINES Han I r*r\ l\\-£ ILadieslßrf No. L5.15M756 L/UIUC VI LQ L'ELEGANCE DU TEMPS DEPUIS 1832 A COMPANY OF THE SWATCH GROUP OF SWITZERLAND
      44 words

  • Page 24 Advertisements
    • 627 24 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF SUPERMAC (SIN) CO.. PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 714, Chung Shan N. Road, Sec 5,
      627 words
    • 642 24 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF ACELTECH ASIA PTE LTD (In Mwnbiw' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members ot the abovenamed Company duly convened and held at Blk 33 Marsiling Industrial Estate Road 3 Woodlands
      642 words
    • 458 24 MABFHTMOOD H MIXED Market mood indicates likely trading sentiment today baaed on broken polled at 54pm yesterday Overnight events may alter sentiments. Brokers polled: ING Barings. Phillip. Credit Lyonnals Securities. Daiwa. Fraser. CK Goh. Kay Hum. Morgan Gren/eU. SG Warburg. Nomura. Merrill Lynch Take control of your investments. Call DBS
      458 words
    • 609 24 In The Matter of The Companies Act Cap. 30 And In The Matter of Mrtisa Trading Pit Ltd (In Voluntary Liquidation) Members' Voluntary Winding Up At an Extraordinary General Meeting of the Members of the above named Company duly convened and held at Blk 712 Ang Mo Kio Avenue 6
      609 words
    • 712 24 In The Maner of The Companies Act Cap 50 And In The Matter of Interbrew Distribution Pie Ltd (In Voluntary Liquidation) Members' Voluntary Winding Up At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at Blk 712 Ang Mo Kio Avenue 6 #04-4056
      712 words
    • 570 24 In The Matter of The Companies Act Cap. 50 And In The Matter of QBS System Pte Lid (In Voluntary Liquidation) Members Voluntary Winding Up Al an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at Blk 712 Ang Mo Kio Avenue 6 #04-4056
      570 words
    • 496 24 NOTICE IS HEREBY GIVEN that I.YUANG SOMCHUA of 17-G Jalan Hock Chyc, Singapore *****1, have applied for a 2nd Class Public House Licence in respect of M/s Diandin Leluk Thai Restaurant Pte Ltd located at 290 Orchard Rd #05-34/35 Paragon Singapore *****9, and that this application will be considered by
      496 words
    • 352 24 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF SHOOKLIN INVESTMENTS PRIVATE LIMITED (In Members Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. SO. the Final Meeting of the members of the abovenamed
      352 words

  • Page 25 Advertisements
    • 236 25 Epicure Pineapple treats to die for EL 8 H IR&k > %ife^ JL >ai£ FflNiJK^H^Hl^B *V y <7? v" Ji SllfcJ Bifev l *-*-s r VI^BH^MI^B SIEW YAW HOONC Helpful or harmful? The health supplements market is exploding as more people believe in the efficacy of herbal-based remedies. But do
      236 words
    • 7 25 Legendary Jl landscapes B of Jordan Ib.
      7 words

  • EXECUTIVE Lifestyle
    • ENTERTAINMENT
      • STRAWS In The Wind
        • 59 26 SO who says elderly people can't rock? We recently received this press advisory to say that the Tiong Bahru Befriender Service was inviting 160 senior citizens to a Chinese New Year reunion lunch and to learn about road safety at Zouk Discotheque. Wonder if any
          59 words
        • 67 26 Here's a thought for the day: "Happiness is like a crystal ball. When it is broken into a thousand pieces, some people would get more, some people would get less. Some people might even get hurt in the process." Here's our question: wouldn't the ones who don't
          67 words
        • 171 26 Ask, and it shall be delivered unto you. One motorist went to her favourite petrol station and bought a bag of Flying Man rice. On opening it, she found that she had won two bags of sugar and promptly went back to claim her prize.
          171 words
        • 43 26 Quote of the week goes to Charles Wang, founding chairman of US software company, Computer Associates. He opened a convention here with this line: "Of the many conferences I have had to speak in, this is the most recent."
          43 words
        • 33 26 Here's what David Letterman had to say about the Pope's recent visit to St Louis: "After Clinton met with Pope John Paul II, the Pope was immediately subpoenaed by Henry Hyde."
          33 words
      • 857 26  -  THEATRE Malaysia's Jit Mnrad has revived his play, Gold Bain And Hailstones, for the Singapore audience liy Parvathi Nayar THERE'S some peculiar weather headed for Singapore next week from Kuala Lumpur called Gold Rain And Hailstones. Promising turbulence and sparkle, this comedy by Jit
        857 words
      • 541 26  -  CINEMA The Misadventures Of Margaret has a weak script, with lots of male nudity thrown in to make np for it By Susan Tsang THE Misadventures Of Margaret bills itself as a comedy of sexual manners, with a fairly respectable cast of indie film
        541 words
      • 609 26  -  CINEMA Too much soul-searching on politics and human rights takes the tension ont of The Siege By I Susan Tsang THE SIEGE begins as an action thriller, with a terrorist group setting off bombs in New York city, and an FBI team, led
        609 words
    • VIEWPOINT
      • 792 27  -  Off the cuff We don't have a Chinatown in the true sense any more. In a way, it has re-invented itself, albeit not in the way we may have liked by Jaime Ee PLEASE don't shoot me. But I always thought
        792 words
      • 1602 27 IRENE and Joseph Low wake up every morning to a mini cocktail of health supplements. Before they even brush their teeth, the forty-something couple pop their Barley Green capsules. "Our doctor friend says they work best on an empty stomach, when you first wake up." After
        SIEW YAW HOONG  -  1,602 words
    • TRENDS
      • 891 28  -  Entrepreneurs in the US are furiously coming up with special merchandise to milk Year 2000 for profits, reports douglas martin DOUGLAS MARTIN NYT AS time marches relentlessly towards history's biggest New Year's celebration at least, its most outrageously promoted entrepreneurs are a step ahead, figuring angles to
        NYT; FILE PHOTO  -  891 words
      • 685 28  -  PRODUCT REVIEW It gives music buffo the freedom to compile their own playlists By* Andrew Wee Trends for 1999 What's cool: Logging on the Internet and tuning in to KROC, a hip radio station in Los Angeles. What's cooler: Downloading songs from an artist's yet-to-be-released album
        SIEW YAW HOONG  -  685 words
    • STYLE
      • 779 29  -  The upmarket store is focusing mainly on commercial projects and the occasional walk-in customer, reports jaime ee JAIME EE Before there was X-Tra, Cream or Limited Edition, there was Abraxas. If you were anyone with a modicum of style back in the late 80's, the Abraxas store in
        PHOTOS BY CHRIS LOH  -  779 words
      • 385 29  -  Its Paragon outlet offers a fairly wide range of furniture and knick knacks By, Jaime Ee WHILE it hasn't died and come back to life, XZQT has made a fairly drastic change by going downtown. XZQT it takes a while to figure out that the
        385 words
    • MOTORING
      • 871 29  -  The new Opel Astra's safety features are worth checking out says Christopher tax CHRISTOPHER TAN ONE of the first things you'd notice about the new Astra from Opel is its build quality, and how far it has come in that respect. Unlike its predecessor, the
        FILE PHOTO  -  871 words
    • LEISURE
      • Article, Illustration
        471 30  -  Compiled by Parvathi Nayar MUSIC Singapore Symphony Orchestra The magical world of Tchaikovsky's ballet music never fails to enchant, excite and engage the senses. Programme includes Swan Lake, Sleeping Beauty and The Nutcracker. Shui Lan conducts. Feb 5 6, 8.15pm at Victoria Concert Hall. Tickets: $35, $25, $18,
        471 words
      • 759 30  -  If Lmrhad only been a meal for the eyes, one would have come away well-satisfied, but as a piece of theatre, parvathi mayar expects more PARVATHI NAYAR Along time ago, a man wrote a play that managed in the same breath to talk of kings and
        759 words
    • Article, Illustration
      685 31 Bride Of Chucky. In this sequel, the killer doll gets a girlfriend. Choa Chu Kang, Jurong, Century. A Bug's Life. Animated take on the life of ants. Orchard, Eastpoint. The Corruptor. Cops and robbers flick that pairs up Chow Yun Fat with Mark Wahlberg and lots of edge-of-the-seat action.
      685 words
    • 116 31 Cathay Org Cathay 338-3400 Eastshore346-78/6 Orchard 235-8386 Picturehouse 338-3400 I Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines 8 Tiong Bahru Yishun Overseas Movie Clementi/Co'wealtt) 777-0669 Golden/New
      116 words
    • EPICURE
      • 893 32  -  It's that time of the year when the jam-filled tart makes its appearance, tam su ten puts some of them to the test TAN SU YEN LOVE letters toasting on an open charcoal burner used to signal the coming of the Lunar New Year in
        CHRIS LOH  -  893 words
      • 495 32  -  WINE For a different culinary experience, serve the festive food with exquisite French wines By: Parwathi Nayar IN preparation for the upcoming Chinese New Year festivities, Singaporeans the island over are planning all manner of sumptuous Chinese fare. If you are looking for
        495 words
      • 939 32  -  RESTAURANT Shnnde's best offerings of home-style Cantonese fare are found in its dinner menn By 1 Tan Su Yen THE recession has been hardest on Chinese restaurants. Now that there's less money from property and stocks sloshing around the system, many have been
        CHRIS LOH  -  939 words
      • 353 32 CRAVINGS WE'RE barely two weeks away from the Lunar New Year and if you're not up to an at-home reunion dinner, consider a meal at Plaza Parkroyal's newly-renovated Si Chuan Dou Hua Seafood Restaurant. The restaurant has come up with a variety of
        353 words
      • 161 32 IF you've abandoned grand schemes of making your own pineapple tarts and are still casting about for gifts for friends and relatives this Lunar New Year, most hotels now have Lunar New Year gift counters. Goodwood Park Hotel's New Year gift counter is located in the foyer
        161 words
      • 111 32  -  Compiled by Tan Su Yen AND if you must have mandarin oranges to amnsp yourself over the holidays, there's no need to brave the crowds in Chinatown. Cold Storage sells them in decorative baskets called, surprise, surprise, Prosperity Basket at $28.80. Or ham it up with the extended
        111 words
    • TRAVEL
      • 1313 33  -  Ancient Petra, almost forgotten for hundreds of years, is now a hive of tourist activity- stewart daisy visits Jordan's pink city STEWART DALBY FT PETRA, the fabled and incredible city of antiquity in what is now modern Jordan, reached its peak in the fourth century BC when Nabataean
        FT; FILE PHOTOS  -  1,313 words
  • Page 26 Advertisements
  • Page 26 Miscellaneous
    • 342 26 CRYPTIC CROSSWORD ACROSS r, i "c —MMg— i. i i t- i l, i 1 I k I 4 I 5 5 7 1 Old cobbler who puts on airs 3 Disenchanted with playing JML_HH__ golf? How disturbing! (3-7) 3 I I I I I 8 Charm a stubborn chap
      342 words


  • Page 28 Advertisements
    • 127 28 km iii TO OWN AN EXCLUSIVE APARTMENT IN THE PRIME OF D.lO JC Drayco;y m .< n > The Preferred Locale For Fine Living 'I 11 v Owning a luxury home in the prime District 10 is now a dream No f| we can realise. JC Draycott offers a rare
      127 words
    • 66 28 I LION CITY HOTEL THE SENSIBLE HOTEL Comfort Convenience Affordable Sid Superior Room Fall day rot# Day use rote 1 2p«n-7p«n Night mm rat* 7pm- 3am 3 mins waft to MKT Station 15 mms drive to Changi Airport 10 mins drive to (10, World Trode Centre, Suntec Qty and Orchard
      66 words


  • Page 30 Advertisements
    • 182 30 tttiha J Presented j DlUCrs Club Offers Personalised Cash Access to appty, cai: Where to wine 9 dine snd entertain. at over 30,000 locations worldwide. 290 4545 Every Saturday and Sunday pamper yourself from as early as 12.00pm to our sumptuous High Tea Buffet of popular Asian and Western sweets
      182 words
    • 221 30 CeieoMte re last century with De Grand < CHINESE NEW YEAR SPECIAL *3 j| From 16 Feb 99 -28 Feb '99 SET LUNCH-$9.80 NETT (11AM-3PM) fl| SET DINNER 10.80 NETT (SPM 10PM) Thai style claypot red curry chtcken with pineapple Spanish pork nbs with garlic sauce claypot j Claypot fried
      221 words
    • 126 30 The freshest seafood dishes provide a delightful dining experience. Juicy cold Oysters, Prawns and Green Mussels on ice. Baked Slipper Lobster with Butter and Garlic. Delicious Roclc Crab with Tang Hoon, Spring Onions and Ginger. Just to name a few. Only $28.00 for adults and $14.00 for children. Children dine
      126 words
    • 124 30 VV\GHTBa t ytii* NMII flSfttMHftNl Stilt HIS Every Saturday, Sunday 8f Public Holiday iQP Noon to 5.00pm Adult: $23 Revolving Child: $15+++ 59th floor Reservations: *****58/88 —35— Manetarin Singapore 333 Orchard Road, Singapore *****7. Tel: *****11 I KwrtoH- *H> CrOSSrOaAs C*£g 11 30*u* 230ft*\ The Singapore Marriott Hotel is famous
      124 words

  • Page 31 Miscellaneous
    • 2177 31 TODAY'S TV Premiere 12 300 CDIS RECOMMENDED YlcwulO 230 PM TV Innovations 400 Dimens Musik. 4.00 Kidz Blitz: Sesame Semarak Dangdut. r oi'io nrnm who becomes 12-year-old street. 5-00 Mimk-Muzik. u piuiii NickStahl steacherThis s<oo Kidzßlitz;Sam Max w^i.iwan rjopf nnr> rocnortahlo IQQQ 5 30 Kidz Blitz: The Wubbu Kawan Haiwan.
      2,177 words


  • Page 33 Advertisements
    • 222 33 I I wish I This has to be a golfer's I ultimate fantasy play to I your heart's content at the I renowned Jack Nicklaus I Seaview Course and the I lan Baker-Finch Woodlands I Course. What's more, it's I just a 45-minute ferry I ride away. So bring your
      222 words

  • Page 34 Advertisements
  • EXECUTIVE MONEY
    • PERSONAL INVESTMENT
      • BULL'S EYE
        • 537 34 Those polled for their views on the Singapore stock market outlook for next week were: Daiwa, Fraser, GK Goh, ING Barings, Kay Hian, Kim Eng, Merrill Lynch. SembCorp Industries ♦(Buy) Fraser-AMMB Research, Feb 3, $2.24 SCI announced a $419.5 million deliberate write-down in the value of its
          537 words
        • Article, Illustration
          447 34 HE rally in the SinI gapore market X which started in September last year has surprised many in terms of speed and magnitude. The recent slowdown in positive news flow, the Brazilian devaluation and concerns over the Chinese yuan have set it back, but we are still
          447 words
      • 1001 34  -  More local firms DBS Land the latest are issuing ADRs to woo US investors By\ Louis Beckerling SINGAPORE companies are joining a growing queue of candidates around the region who hope to raise their profiles in the US investor market by issuing American
        FILE PHOTO  -  1,001 words
      • 1058 34  -  Despite varied forecasts of the group's first loss since '85, nearly all analysts agree that its revamp would bear fruit in the current year, with consensus net earnings expected at $161.2 million, comrad raj reports CONRAD RAJ Keppel Corporation should emerge a
        FILE PHOTO  -  1,058 words
    • UNIT TRUSTS
      • 858 35  -  But investors need to do some homework before taking the plunge, such as checking track records and fact sheets of funds which invest in the region, obnbvibvb ctja takes you through the process GENEVIEVE CUA Asian stock markets staged a spectacular rebound in the last
        FILE PHOTOS; FILE PHOTO  -  858 words
      • 778 35  -  With change of owner, fund manager has chance to offer diversified products, good performance Ry\ Shiv Taneja INVESTMENT manager Nicholas Applegate Capital Management is in the spotlight yet again. A year and a half after the Asian fund management operator was sold by French
        778 words
      • 282 35 UNIT TRUST/SECTOR (6 MONTHS 31JUI98-29JAN99) CHANGE RANK B«*t P»rform«rs Templeton IF Korean/Korea EQ 55.72 1 OCBC Savers Korea/Korea EQ 54.85 Y" Templeton IF Thailand/Thailand EQ 49.48 3 Schroder Singapore Trust/ Singapore EQ* 45.39 4 UOB United Global Tech/Tech Global 44.34 5 Worst P*rform«rs DBS Shenton
        282 words
      • 662 35  -  A unit trust specialist helps save time, minimise risks in choice of fond By. Ben Fok The writer is a manager and fund specialist with Fraser Securities. DO you know that your investment choices today include more than a hundred unit trusts? Do
        662 words
      • Article, Illustration
        317 35 Compiled by BT Investment objective To seek long-term capital growth by investing in stocks on the Stock Exchange of Thailand (SET) and other companies with significant exposure to Thailand. Investment style A bottom-up, value-based approach to stock selection. Market outlook The key to Thailand's long-term development will be
        Compiled by BT; Source:  -  317 words
    • RESIDENTIAL PROPERTY
      • 1295 36 Four Seasons Park, Spring Grove and Regency Park top list in terms of rentals and popularity WITH investors of residential property facing their toughest time in a decade, are there still properties that are easy to rent out? Property agents cite a handful in
        FILE PHOTO  -  1,295 words
      • 955 37  -  Abundance of units helps lower prices from over $750 psf to $500-$570 psf today By. Ang Wan May ONCE teeming with industrial buildings, the Hillview area in Upper Bukit Timah has been transformed over the last decade into a residential area chockful of
        FILE PHOTO; JEN CHUA  -  955 words
      • 797 37  -  Only 2 among the top 10 best-selling private projects in 1998 were priced above $500 psf. COSIMME KERK gives a rundown CORINNE KERK CUT prices to move sales. That seems to be the strategy that worked for the top-selling private residential projects in 1998. Of
        FILE PHOTO  -  797 words
    • PERSONAL FINANCE
      • 1094 38  -  It was hailed as an innovative plan when it was launched, but in today's weaker market, should car owners continue with the plan? vek hkhhnivasam looks into the details VEN SREENIVASAN IT HAS been two years since Performance Motors took the
        FILE PHOTO  -  1,094 words
      • 587 38 IT will come as a big relief to a large number of Singaporeans that they can now use their savings in their CPF Special Account to pay for any mortgage shortfall following the 10 percentage point cut in the CPF contribution rate. But there
        587 words
      • 255 38 COMPASS AMOUNT l MjMBHi 6 MONTHS tMOWTHB 1J MONTHS C|t,b ank Uptp ***** 1.6875 1.8125 2.0625 2.1250 2 4375 *****-*****0 2.0000 2.2500 2.4375 2.4375 3 0000 0BS 1.0000 1.2500 1.7500 1.7500 2.0000 *****-*****0 1 0000 1.5000 1.7500 1.8750 2.0000 Hong Leong Rnance Up to ***** 1.7500 2.0625 2.1875 2.2500 2
        255 words
      • 1187 38 wport amount 1-<tth 3-m<h 6-nrth Deport imount 1-mth 3-mtti g^mh A$ AS AM 000 A49 999 Iomo 4 1MO 1 ]2X 25 000 74 999 3 6875 3 6250 3 6250 A49.999 4 0900 4 1000 4 1000
        1,187 words
    • OPINION
      • 796 39  -  THE FIIVBR POUT Zn these uncertain times, investors appear to let their hearts rule tbeir heads By Louis Beckerling THE slide of around 50 points in the Straits Times Index so far this week has wiped away the last traces of the heady froth
        Source: Datastream  -  796 words
      • 101 39 IT has been four weeks since we launched Executive Money comprising seven pages of news, views and features on matters that concern you and your finances. We'd like to hear from you on what you think about the new section, and the topics you
        101 words
      • 1168 39  -  A look at how firms can mawi g fl business travel more effectively By. Brad Prentice The writer is American Express director of corporate services in South Asia WHY is business travel and related expense management a subject that is now appearing on the
        FILE PHOTO  -  1,168 words


  • Page 36 Advertisements
    • 201 36 1 1 first of jf I I I ill <3 I fc EHKlffli 1 BffJ I'lifi 4 t ~q i^^BBI m■ Ml Ik 2 Hfl auwr w J*u^s^^M 3 BiMffrgl pxkRK m py E fl p i H H I HfWffHWfJi I I IH IJ NHI |A 1 ■ft A4O
      201 words

  • Page 37 Advertisements



  • Page 40 Advertisements
    • 123 40 Investment Keppel Corp outlook EM 10 P**W g i! i >• m& J Vv w£ Kj *"ij >' ''7- yai ?r* :,.Jp gWI IJ^| We Can GiveYou The Inside Story On Health Care Investments. ACM Investment Funds INTERNATIONAL HEALTH CARE PORTFOLIO Investing For Growth In The World's wm Expanding Health
      123 words
    • 15 40 'frg rElft Sll Hill view homes: -Sj buyers receptive to price cuts ■■IKIH EM 13
      15 words

  • SHIPPING TIMES
    • 320 41 Bridge News Reuter THERE was some talk of some slightly higher rates being paid to nearby Panamax tonnage in the US Gulf, but details were sketchy. However, the higher rates appear to be positional and no long term trend is indicated. TANIQIK& The flurry in activity for West
      Bridge News; Reuter  -  320 words
    • 241 41 W4 *b CWT OMributtan 0A29 *0.02 66 ChuanHup 0565 *0.01 76 Cosca Invaatmant .047 undi 13 FraMMUnks Ot7 unch 1095 Cewwnie 0.38 unch M Hoi Sun Hup 044S *0.015 15« HKacMZoMfi 0.79 IMCHoMtafi—HK 5.60 Jpylla«n» 0.505 *0.005 52 Jutom SMpyar6_ 6.90 *0J0 91 KapppiCarp 190 *004 2090 Kappa<FCLS
      241 words
    • 418 41  -  From Jnne 1,2000, their use is prohibited in western sector of port at night By. Marcus Hand [SINGAPORE] The Maritime Port Authority of Singapore (MPA) is restricting the use of line-towed barges at night in the western sector of the port following a
      Source: MPA  -  418 words
    • 304 41  -  Froml Diana Oon Abdullah in Kuala Lumpur MALAYSIA will not impose any fee or levy on ships using the Straits of Malacca, Transport Minister Ling Liong Sik said yesterday. He said that this was in keeping with international maritime rules
      304 words
    • 612 41  -  ADMIRALTY CASEBOOK Ry Selva Kumar A CHARTERER which called off a time charterparty because the owner had not provided the agreed amount of fUel has been told that it cannot resort to the "draconian remedy of cancellation". Instead both the
      612 words
    • 397 41  -  George Joseph [SINGAPORE] The alleged mastermind behind a piracy syndicate in Asian waters appears not to be a Singaporean after all, as reported by the Indonesian media. Responding to queries from Shipping Times, a Singapore Police spokesman said yesterday that the 56-year-old
      397 words
    • 231 41 AFP [SYDNEY] A Singaporeflagged vessel tagged a "ship of shame" by unionists was detained in Sydney Harbour yesterday after it was claimed crew members were crammed nine to a cabin in filthy conditions. An International Transport Workers' Federation (ITF) delegate inspected the Ocean Mercury late
      AFP  -  231 words
    • 730 42 FIGHTING PIRACY Region has the will but needs a more concerted approach if it wants to win the fight against piracy Reuters ASIA has the will to combat piracy but is unlikely to ever wipe it out until nations adopt a more concerted approach, a
      Reuters; FILE PHOTO  -  730 words
    • 337 42 PAGE Foonq Sun 8 ANL 3 Froti K Accord 8 Frt Links 14 Ahrenkiel 12 CLmk 4 Appenship 5 CwMftrjns 8 Austral 8 Genshpg 12 Avant 14 Glory Nay 14 B'tang Mas 8 HaiSunHup 8 BSA 7 Hangli 7 BTL 14 Hanjin 3 Balaji Shpq 4 Heung-A
      337 words
    • 16707 49 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage 7elephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number s N s 1 > 16/02 27/03 CSAV IRIS 002N 65-*****55 To ABIDJAN (ABJ) 2003 Cot* D'I voire */02 o7/o« nvk
      16,707 words
    • SHIPS IN PORT
      • 782 55 Vessel Voy No B«rth Arrival Departure Lucky 03/99 J02 alongside 05 02/2300 Bmtan Bam *****9 J03 alongside 04.02/2300 Bt Aneka Kar *****9 J01 alongside 04.02/1700 Bt Dewt Mas *****9 J01 alongside 04.02/1800 Bt Hanoi Jay *****9 J01 alongside 05.02/0100 Bt Mushka *****9 J01 alongside 05 02/0800 Bt Putra
        782 words
      • 1742 55 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofcinq/Btlancc Rstlf Ship Voy No Etb/Btr Ported From To From 4*1 02/99 04/1200 I* 04/1500 04/1*59 04/1900 04/1500 04/H59 04/1900 IA 04/1700 05/0459 05/0900 21 04/1700 05/0459 05/0900 J 05/0700 05/1159 05,-400 4 05/1200 05/1459 05/1700 IMHtli 837SN 077ndb U
        1,742 words
      • 224 55 Feb IS China: Chinese New Year Eve. Taiwan: Chinese New Year Eve. United States: Washington's Birthday Holiday. Fab IS Brunei: Chinese New Year. China: Chinese New Year. Portugal- Carnival. Singapore: Chinese New Year. South Korea: Chinese New Year. Taiwan: Chinese New Year. Feb 17 China: Chinese New Year.
        224 words
      • 734 55 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        734 words
      • 416 55 M ISO 994.8 LO 16.6 0.10 127 0.06 Zl OwritT Wbtoc »wMt Art At—Hl« Slfcwt No above £25 2 0 0 2 0 Jm/* 380 Ave 988 5 0.3 6.1 0.07 26 0.02 Cum 380 Mai 993.J 15 19.8 0.12 54 0.07 M/Ir) »M/M WW nmt
        416 words
    • AIR & LAND TRANSPORT NEWS
      • 521 56 US aviation agency wants inspection of aircraft to be completed by mid-April AFP Reuters [BEßN] Swissair has been ordered by the Federal Aviation Authority (FAA) to check its entire fleet of McDonnell Douglas MD-11 aircraft by mid-April, the airline said. The FAA
        AFP; Reuters; FILE PHOTO  -  521 words
      • 159 56 AFP [SYDNEY] Ansett Australia is to share codes with All Nippon Airways of Japan and upgrade its international fleet by leasing two Boeing 747-400 aircraft from Singapore Airlines. Ansett said yesterday it had reached a code sharing agreement with All Nippon
        AFP  -  159 words
      • 90 56 Reuters [MOSCOW] The head of Russian flagship carrier Aeroflot sacked two top managers and ordered an audit of key departments on Wednesday, a spokesman said. Chief executive Valery Okulov fired commercial vice-president and sales manager Alexander Krasnenker and director of airfreight sales Leonid Itskov, the spokesman
        Reuters  -  90 words
      • 712 56 Sales up only 4% while many rivals have reported double-digit increases NYT [DETROIT] As many of its competitors reported doubledigit sales increases, the General Motors Corp said that January sales rose a scant 4 per cent compared with exceptionally weak sales in the month a
        NYT; FILE PHOTO  -  712 words
      • 79 56 [BANGKOK] Models displaying the new Toyota Corolla Altis during the Thai launch of the sedan car which feature< reinforced body structure providing extra safety for drivers and passengers. Toyota is launching its new car in Thailand although vehicle sales for 1998 plummeted 60.3 per cent
        AFP  -  79 words
      • 455 56 Cs2om loss due to higher costs, pilots strike Bloomberg [MONTREAL] Air Canada, the nation's largest airline, posted a fourth-quarter loss as costs rose and it cut fares in a move to recover passengers driven away last year by a pilots strike. The Montreal-based company
        Bloomberg  -  455 words
      • LOG Book
        • 52 56 AFX-Asia [JAKARTA] PT Garuda Indonesia has appointed Swissair to supply spare parts for its 45 aircraft, company operations director Rudy Hardiono reportedly said. Bisnis Indonesia cited Mr Hardiono as saying that a one-year contract for the supply of spare parts supply will be signed this
          AFX-Asia  -  52 words
        • 56 56 Reuters [LONDON] The number of passengers travelling in premium class on the UK's British Airways in January was down 1.1 per cent, compared with January 1998, the company said. This compares with a year-on-year decline in premium traffic in December of 3.6 per cent.
          Reuters  -  56 words
        • 74 56 Bridge News [Brussels] The EU Commission announced it is opening a ftill investigation in the proposed merger of Dutch national airline KoninklijkeLuchtvaart MIJ (KLM) and Martinair. The full investigation, which could take up to four months, is an in-depth phase of an EU merger assessment
          Bridge News  -  74 words
      • 1638 56 CH FU6MT ETA FUCHT CTD M***** 2359 «*W* AN8230 1920 $***** 23M 2™ F sow ms sowo quo r-r-:- C»»«<rto«WC $0803 1915 C2354 0910 kmXTtm NZ4327 0800 KLS44 0105 S0804 WIS GA973 W05 "$0328 2320 H #< UK) VK742 0905 ss sag A*U*d N***** 2030 N242S5
        1,638 words
  • Page 41 Advertisements
    • 28 41 lighting piracy: Ada urged to combine forces Region has the will but needs a more concerted approach if it wants to win the fight against piracy. Page 2
      28 words
    • 52 41 BVLGARI ALUMINIUM Spirit of innovation hb^'' In aluminium, rubber and steel. Automatic or quartz movement. Available in three sizei. From SS 2.000 Available in Singapore at Bvlgari, Hilton Hotel 737 1652 Takashimaya Department Store 735 6689 and: Dickion Watch Jewellery. The Promenade 732 8900 Ccntrepoint 734 5822 Suntec City Mall
      52 words
    • 22 41 Swissair ordered to check wiring on MD-11 fleet US aviation agency wants inspection of aircraft to be completed by mid-April. Back Page
      22 words

  • Page 42 Advertisements
    • 1014 42 I NORTH AMERICA j EXPORT "1 1 OTHER DESTINATIONS i I SSX SUPER SHUTTLE EXPRESS DIRECT TO LA WEST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) I WW Mi Ml HOD OK NT WKOOTY VTSSa I VQT 1jn551 *""TIA ijjjjTljjjjjjg qmnp I Z rum H MHMIWIWII I STI mcES"" mZ JJ/Jj
      1,014 words
    • 576 42 Ljnes 4 services representee r®®®-) Members o* Registry at Accredited Shippog Agents Singapore Shipping Association Members of the Singapore Freight Forwarders Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUIK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "TBN" ETA SIN 25/02/99 BOOKINGS CALL HOMKA/at UNO TEL 323 4374 CONTAINERS/CONVENTIONAL CARGO FROM
      576 words

  • Page 43 Advertisements
    • 1111 43 TO EUROPE FROM EUROPE rasa vor swiwwHMwvsfliißTia vcsa vot rtm urn ham wv sou ht um mm NOtPURI 007W 08/02 25/02 27/02 02/03 24/02 NOlAGfll 01 Of 14/01 16/01 19/01 13/01 M/ 02 DANUOf 54JW 11/02 04/03 03/03 04/03 01/03 NOICOtAI 0051 17/01 14/01 22/01 23/01 04/02 TT* 526W 12/02
      1,111 words
    • 1718 43 OHANJIN SHIPPING likPl -Mb 37MJ30 HA UW wimp >* *rn am loomG saib 3?t02?4 n oocumbt rmn in tnam 32tMsnsi mm urn *****5s fax mm a m iisbbbom TO NW USA A CANADA ~o CANADA* FMVV/VOY W-T"S UMI HAUI/YOY SIA 1 TWO g fO, Q, „S> HT OTT «B f»
      1,718 words
    • 368 43 [■j~ j» 7£|''^T£f KMTC PROVIDES \ZZ* «Lu pi ppbpla REGULAR BREAKBULK ESF' tH'tE 5 ***** SERVICE TO RED SEA fe IIuZISISIEEBH mepiterrameaw poms resa I Hi I pc I MflfEW IIW IT7/D1 I ufa\ 10/01 I lt/te IBE IM/W I ill/to I Ifl/M I jCC Imm I atm I n/tn
      368 words

  • Page 44 Advertisements
    • 1417 44 DSR-SENATOR LINES TO UK/CONTINENT TO MEDnERRANEANCiANADA vov si Ltn w hw hv fu vtwti voy TST" on tn mt vie wry HANJM DALIAN WOM7 2101 1182 »K 17 M lIM IB 02 SHANGHAI SCNATOM WMM7 2* (1 14 82 IBM UK IB V B MEMUMTAfI WOIM Mil 21 82 22
      1,417 words
    • 793 44 Ciffton Hi Cmmi met, WC r iimnim (rirjum I "ivy V** I <»»«■ ***(094)****** MAMLA: (832) ***** M iS%^S^ )t44>a SjoSiQ^ffSSS BARCELONA SURABAYA MV "NORASIA MALTA" V.9905-4 MV "KOTA INDAH" V.1DH221 ETA SIN: 9-2-99 ETA SIN: 14-2-99 LONG BEACH VANCOUVER MV "HANJIN BERLIN" V.013E MV "HANJIN FELIXSTOWE" V.046E 14-2-99 ETA
      793 words
    • 491 44 UNK MUARA 1 LABUAN vosa wr m n vtssa vor rre ra votf MUAAA SPOKE UN Jjtosm vn/WM/noi/n sumtsnok vn/mi/nH/u JIMITSMOK VW/W 10/01 13/02 CAAACA JN332 VO4E/W 13/W 17/02 CAIAIA JN3S2 V0«/W 13/0214/01 STIA/TS MOPE VM/90 20/02 X/ 02 IK. KINASALUi 1 KUCHINQ vbse w nt m vessel vor rro
      491 words

  • Page 45 Advertisements
    • 1230 45 HgHi «N PKG pen pqb dub "dam shj ba bik !2fi! ll'iMiSl 09/02 18/02 19/02 20/02 22/02 24/02 PJCI32B 13/02 22/02 23/02 24/02 26/02 28/02 WL1336 22/02 03/03 04/03 08/03 07/03 o®/03 IRAN SATTARI PJLI334 01/03 10/03 11/03 12/03 14/03 16/03 |IBAM BABAEI PJLI333 08/03 17/03 18/03 10/03 21/03 23/03
      1,230 words
    • 1682 45 Jfafpah* VOOI3W (ITA SIN J 3 Ftfc 99), C«m» Ml IfliKnit I All-Watar i«rvk« will call at I Narfalh part, lait—i >1 Mrtatrt. J I SSjryiSßjLySS 6 SHEMTOH WAY TIL 226 1900 FAX: *****08 OUTWARD (IA) .^^2OS«MJOHO«OfH3r l— B B I tOSTM* SHIrFINe rTE LTD #17-06 MS MM SAIiS/IKGS *****57/60
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    • 656 45 'jpsn EASTERN CAR LINER, LTD. SuttfecSyfelir 2, I fJL) eg (Singapore) m ltd 1 SPEOAUZE m RQRQ 4 HEAVY UFT OPTO 450 TONS ECI (SINGAPORE) PTE 110 LOAD NG FOR MANILA/ BATANGAS PORT KLANG/ COLOMBO MV "CORAL HERO" V.14 MV "TAISHUN" V.34 ETA SIN 06/02/99 EJAMNL 1 5/02/99 ETA SM
      656 words

  • Page 46 Advertisements
    • 1170 46 EUROPEAiK/SCAWDtWAVIA/FUMJWD/BUSSIA SGP ROM ANW HBG TOP ZEE LHV LHV THP ROM ANW HBG PKL SGP f122 22? 2£ 01/03 03/03 E RESULT RE-823 14/01 16*1 IMI 17*1 10*1 11*2 12*2 I s"i®® IMS !52? 08/03 04/63 IMa E "ENOWH RE 032 21/02 23/01 22*1 24*1 20*1 IMI2 19*2 E. DYNAMIC
      1,170 words
    • 833 46 PACIFIC INTERNATIONAL UNES (PTE) LTD J JfJgg 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CRNO **********0E IW»fl w rw m m m m asr ss r !l=3q ra ir ia wI n j :U; =i=i= jfjj L[««a voy msm~muTur nR si sr— M»ttA™AS« 04J tJ7 -jfi- 70/7 2S/2
      833 words
    • 593 46 NANTAI LINE FULLY CONTAINERISED SOVK3 TO MAURITIUS SOUTH AFRICA VESSEL VOT SM PUI DU» ~M <W K» NANTAJ WAGON V.OIIS 07/02 11/02 20/02 23/02 M/V2 NANttlPtma KO27S 14/02 S/oT 03/03 04/03 WAJfUJ VD«US TO32S H/02 26/82 02/03 05/P 04/13 W/tt GOLDBIMUGOW <01 OS 03/03 12/03 14/03 19/P 20/03 NANTAIQUBH V.033S
      593 words

  • Page 47 Advertisements
    • 451 47 BSfl i. M MYANMA pBBk FIVE STAR LINE (Myoßmar Notional Line) Loading for Yangon (Raagoon) vissa vor sin pri pen pgu HPA-AN 2S4W si* MOMG-U 20W 07/02 MALAYSIA AGtHTS: OOUSTIAO SHTfWG AGENCIES RUL m (03)*****00 MIL TH (03) 37M101 PEN: TH (04)2****** PGth TH (07)*****21/4 BANK LINE (A ttrvitt of
      451 words
    • 1250 47 HAfA^ HYUNDAI MERCHANT MARINE CO., LTD. IVBSE VOT I SB I SOU I LBl| RIM I ANTI HAM ■Wj~W~| IVBSH VOT SOU I 184 I RIM ANT HAW I WV I )Q f ™SB' MM 525W 05/02 24/02 27/02 21/02 23/02 NOl AGAIf 01K 15/01 20/01 14/01 14/01 o*/02 NOIPfAM
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    • 989 47 V norwegion specialized oufcxomerc Gto)§(o]G Wilhelmsen Lines TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" VESSEL VQY RAMP HUGHT SIM LAX CRL MIA SAV OAL Off NYC NEW Mpj T AMPERE F904 400 Tom 6.3 M M/ 02 M/ 03 ***** fI7oT 20/03 ~2270T2370r 24/03 W7oT 3070T" IEXAS F905 4001
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  • Page 48 Advertisements
    • 2089 48 BANGKOK/MAP TA PHUT/LAIM CM ABA WO I JAKARTA/PAN J A NO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT [~~PJN MATHU BHUM 401N 00/02 10/02 09/02 ANRO JAYAKARTA' 073 08/02 09/02 YANTRABHUM" 278N 07/02 10/02 11/02 AKA BHUM 3306 06/02 10/02 CHANA BHUM" SBN 06/02 12/02 ACX JADE*
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    • 18 48 CONTAINER SERVICE TO APIA VAVAU NUKUALOFA PAPEETE PAGO PAGO PORT VILA RAROTONGA NZOL CAMPAIGNER V. 02S/99 ETA 07/02/99
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  • Page 49 Advertisements
    • 51 49 Vaul STtifh Dial 740-6000 on demand I —(Retrieve more schedules!) S Press "1" Select the port and key in the four digit code eg: To New York (NYQ 2275 Key in your fax number I your phone number Another Innovative service offered by rTC The document Will be SHIPPING TIMES
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  • Page 51 Advertisements
    • 149 51 I 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 product or
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  • Page 52 Advertisements
    • 951 52 —SAMUDERA SHIPPING LINE LTD Mfcw 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL: *****88 FAX: *****29 (OtITWARO) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 _BOOjtIjIBS_CALL_DiBECT LINE: 535 6266 Cella/Jessica/Mei Chan/Jeslynn/Dora/Hawli tnEEEMEBESEtM 7 slgs/week EBSESZQI 2 slg/week [VESSEL VQY I SIN JAK [VESSEL IVQY [SIN
      951 words
    • 523 52 AwmSSEESM Msiiu^i^:ttMl']!•]:f:iiV?l CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI ACCEPTING BOTH SOC AND COC CONTAINER |VKsa VOYAGE EM SUGAPORE (U COLORWO FTA RARAOR lAIAZAI 001 WW Ot/DZ/99 14/M/H 11/DZ/W swai mm lyn/w n /m/n oi/M/w SJWJMAI 007HW WW* OMIT QUIT lAIAZAI oom 01/M/W 07/03/W IVO3/W SOW 007HW 01/OVW
      523 words
    • 753 52 hffSS, eng hi shipping COPTEITDI I IpZjA M-- 5330*75 It Unil Fax: *****30/*****40 I I T gin isiiwmmc I VESSEL VOY SIN ETA SIN ETD DESTINATION Unggui Joyo 3/99 05/02 06/02 Duma/Pwowong/Buoiai BuonoAbodi 3/99 06/02 08/02 Penwrano/Bootori/PBonj Mofto Polo 26 2/99 07/02 10/02 Lhokstunme GondolV 2/99 07/02 10/02 Suraboyo UnwSlorlO
      753 words

  • Page 53 Advertisements
    • 752 53 SIN TO SRI LANKA/ INDIA, CANADA, US/EC/GULF, MEXICO L Jjjj. IJ* I m I n M 1°" BSff —li/oi M -a/gLiiaLJ<zgi-afl3--B/g< Jt/M-i JIZJ2. jjM. jzm. .nai. jiM. um. jum. JHM. jmzm. JHZM. MM. JUM. ji/ai hal. HOS !U*»VA/mIO —-57^=-^l4xl--?r4^-- 2iZfi3 es^- 4Z25 e?z s --la/fiS. _LZZfis_ J4ZSS- v /0A /0i
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    • 834 53 u 1111 rl >aii-:i: m:i:ds in mini tffllMCj eM VBSM/VOTAfil SK»I I SOU «TM ham inj ro*«m 03WM3 ifoi otM 0002 woi oH? KM SOUTHAMPTON OSMO4 7101 1111 lU2 Mil mot mmmi nS &g £02 LIMW WWM m». MMT», WMm I TTI VTSSfi/VOYAGE SPOtE PJOANC UN SOU MV AMTWftP NIDUOYD
      834 words
    • 712 53 i iinnMn VBttWTAg ffl RTM m at 1 STOW 101 mcoTA\vmtjy I m NYK SMRRJS OSCAS2 26.12 2112 30.12 04.01 1941 TiOl 2MI 29j01 2101 NYRANURB 00U01 0101 0101 0101 0101 2101 01.02 0242 0102 04.02 \tmmmmu onm 1101 iui 1101 IMI om 09.02 1102 11 42 VKSa/VOYAGf L» SOU
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  • Page 54 Advertisements
    • 463 54 I VESSEL VOY SIN MAA SIN I TIGER SEA 681N 06-0&02 10-13/02 17-18AJ2 I TIGER BAY 682N 08-09/02 13-16/02 20-21/02 I TIGER ISLAND 683N 10-11/02 16-19/02 24-2MJ2 I TIGER PEARL 684N 14-15/02 20-24/02 28-29/02 I TIGER SEA 685N 17-18/02 23-26W2 02 03/03 I TIGER BAY 686N 20-21/02 26-01/03 05-06/03 I
      463 words
    • 855 54 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA BUENOS AIRES CEBU ISTANBUL IZMIR LAEM CHABANG MALTA SANTOS SHANGHAI PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong *****113 flms9asiaonline.net Port Kelang *****40 flem@tm.net.my Bangkok *****42 kunthida@*fletfi.co.tti Surabaya *****00 fle-subQsby.mega.net.id
      855 words
    • 954 54 lOOCL (Singapore) Pte Ltd CFS Keppel Distrpk 79 Ante* Read #21-04 (S) *****6 1*513 #***** CI N**********00*4 M: 272 7527 gD, sasaaaL,«- te,nm> Mm (Malaysia) Sdn Bhd OUg Na *****2-ui (a f fag] PETAUNG JAY* Tefc 03-75* 777* Fit 03-754 **57 PHUNG Tel: 04-2******/1 Fax: 04-*****43 *****80 T<t 07-38*4066 Eex:
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  • Page 55 Miscellaneous
    • 136 55 BBMT **{o(o m ivj yTTTTTBIj^B LEGEND R Thunderstorm Temperoture *q V Shower Weather Wind direction with speed m knots ee Rom (J Cloudy Sky Wove height Surfoce —vh ore mooted by orrow, wkn* f|y with the wind I n tU CtrC rep,#s n,s or light ond voriobte wmds 1— One
      136 words