The Business Times, 9 March 1999

Microfilm: NL21390
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 046/12/98 85f SINGAPORE Internet: http://business-times.asial.com.sg/ TUESDAY, MARCH 9, 1999
    14 words
  • Article
    MARKET SUMMARY
    53 1 □m MM* (+118) DSvSVt-Ml) riSDBGinmJBES ii am <4.40) Q MtfZET HOODs KLSECOMP ItUC +IM NIKKEI 14,771* -114* HAN08EN0 MUM +H87 SET INDEX MM *447 JAKARTA GOMP J84J7 -tit MANILA COUP __UKtt *1187 TAIPHWP1 MS1JC *t«LSS SEOUL OOMP I7L84 +UM CISA CHINA B mm -11.71 AUST ALLOW) UBJ *71.1
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  • Article
    FINANCE
    79 1 ram ma U» 81 USS 1.7*8 £(L'S|/8I per 1.N4 1771 FUItO(UBI/SlparE) LM L87> DM L7N MSI YEN 11U 1.419* RM UN IN HKS 7.741 6JS BAOT 17.44 UNI JHJFIAH UN MM* •8$ mm mum ROB HIS SINGAPORE* LgB KUALA LUMPUR AIM JAKARTA MM BANGKOK 1476 MANILA 2tM BONO UNO
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  • Article, Illustration
    Mounting NPLs pull down DBS, OUB profits
    1107 1  -  But banks' top executives are hopeful that the worst is over By i Catherine Ong TWO of Singapore's local banks DBS Bank and Overseas Union Bank suffered sharp declines in profits last year, pulled down by mounting non-performing loans in Singapore and the
    1,107 words
  • Article, Illustration
    Asian stocks wobble after early rally
    403 1  -  By] Louis Beckerling [SINGAPORE] Stockmarkets in the region saw early-morn-ing rallies run out of steam yesterday, with the Singapore market giving up an initial 21.5-point gain to end barely changed at 1,451.84. Taking their cues from Tokyo, regional markets brushed aside the scorching 268.68-point
    403 words
  • Article
    Tibs in talks to buy controlling stake in Komoco Holdings
    544 1  -  Jopie Ong said to be ready to sell his 47.5% share By l Conrad Raj [SINGAPORE] Tibs Holdings, one of Singapore's two main bus operators, is negotiating to purchase a controlling stake in Komoco Holdings, the distributor of South Korean
    544 words
  • Article, Illustration
    RM8b Renong debt revamp may see exit of Halim
    1421 1  -  PLUS to sell RMB.4b in bonds to clear Renong, UEM debts From Eddie Toh, Ruth Wong m Kuala Lumpur TYCOON Halim Saad may have to make way at the helm of listed Renong Bhd under a fresh restructuring plan to retire
    1,421 words
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      152 1 DWIDii H» PNpety o*ee To careful industry watchers, the Sengkang tender offers valuable clues about developers and the property market, says Lee Han Shih, Fg4 t V ~71 ■iH' r" > 1 I tHIB I Sail! More than 2SO private new homes were snapped up over die weekend, P|3 The
      152 words
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      4 1 Market reports, Pg 20-24
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      43 1 DBS' local NPLs jump 315 %to $2.7b, Pg 13 Strong Interact income keeps local banks in the black, Pg 13 More report*, Pg 13 Executive Centre iNGAPORE -iwHßlr'-.y*" Level 15 Prudential Tower Tel: (65) 232-2777 Fax: (65) 232-2888f Email: sing@executivecentre.com Website: www.executivecentre.com I
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      9 1 UEM to bear brunt of Renong revamp, Pg 15
      9 words
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  • PARLIAMENT
    • Article
      Right to go for $5b Budget deficit, say MPs
      866 2  -  Shortfall not from 'wasteful'spending govt urged to give more help to SMEs By Anna Teo THE government did right in going for a $5 billion Budget deficit this year, MPs said yesterday, noting that the shortfall stems not from "wasteful" but
      866 words
    • IN Brief
      • Article
        Upgrade NCB to Ministry of IT Power
        69 2 TO provide Singapore with a world-class information technology infrastructure, the government should upgrade the National Computer Board (NCB) into a Ministry of IT Power, said Yu-Foo Yee Shoon, MP for Bukit Timah GRC, in Parliament yesterday. This ministry would "monitor and supervise" the
        69 words
      • Article, Illustration
        More funds needed for healthcare
        81 2 LILY Neo, MP for Kreta Ayer-Tanglin GRC, appealed for "bigger and sustained" budget allocations for the Ministry of Health yesterday. Dr Neo said the funds could be used to build nursing homes, to set up more disease prevention programmes and to train more healthcare professionals
        81 words
      • Article
        Burden of stored value cards
        94 2 STREAMLINE the different stored value card systems and cut down the number of such cards that people need to carry, Pasir Ris GRC MP Ong Kian Min suggested yesterday. He said people need to put aside a fairly large sum of money to be stored
        94 words
      • Article, Illustration
        Let business people take lead: Chiam
        117 2 MINISTERS and MPs should not take part or lead in any public committees, so as to allow business people to deliberate on their own and have their full say, opposition MP Chiam See Tong said yesterday. "Business people and the chambers of commerce should
        117 words
      • Article
        Many still don't know what a KBE is
        81 2 MUCH may have been said about the need to build up a knowledge-based economy (KBE) —now a new buzzword. But, according to Pasir Ris GRC MP Ahmad Mohamed Magad, most businesses and many individuals still do not know "what a KBE entails".
        81 words
      • Article
        Tax incentives to help start-up firms
        71 2  -  Compiled by Eugene Low BESIDES reviewing the bankruptcy laws, the government should also introduce tax incentives to encourage greater entrepreneurshlp among Singaporeans, said Sin Boon Ann, MP for Tamp in es GRC. He said start-up companies, especially those in the IT sector, may take
        71 words
    • Article
      Govt urged to help individuals hit by recession
      384 2  -  MPs ask for fund, tax rebates, deferred payments By\ Eugene Low MEMBERS of Parliament yesterday pressed the government to pay more attention to the financial woes of individual Singaporeans caught in the current recession. Set aside $10 million for a safety net
      384 words
    • Article, Illustration
      Lock icon Changing the mindset of civil servants
      753 2 The public sector must try to achieve better results with fewer resources Extracts from speech of Lim Swee Say, NTUC deputy secretary-general and MP for Tanjong Pagar GRC 1 999, year 2000, is a good time for us to forge a new mindset in
      FILE PHOTO  -  753 words
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      325 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      OUB ups growth forecast to 1.2%
      329 3  -  EYE ON THE ECONOMY GDP By I Carol Eng THE Overseas Union Bank has raised its growth forecast for the Singapore economy this year by one full percentage point to 1.2 per cent. In its latest Financial Review report, OUB said its optimism is
      329 words
    • Article
      Lock icon No decision yet on Sing dollar bonds: ADB
      206 3 It's still considering what kind of issue is best for the region Reuters [TOKYO] The Asian Development Bank (ADB) has not yet reached a decision on whether to issue bonds denominated in Singapore dollars, a senior ADB official said yesterday. Peter Balon,
      Reuters  -  206 words
    • Article, Illustration
      Lock icon Compaq sees pick-up in Asia-Pac PC sales in '99
      435 3  -  It plans to capture Net leadership in new millennium By. Annette Pau THE world's biggest personal computer maker is hopeful of a pick-up in PC sales in the Asia-Pacific this year. "We've attached quite a bit of optimism in the recovery
      ARTHUR LEE  -  435 words
    • Article, Illustration
      Lock icon 250 new private homes sold over weekend
      460 3  -  Most units sold are lower-end condos bought by public housing upgraders By\ Marissa Chew MORE than 250 units of new private residential properties were snapped up over the weekend, the bulk of them lower-end condominiums. A check with developers showed that The Clearwater,
      ARTHUR LEE  -  460 words
    • Article, Illustration
      New head for Shell
      214 3 COME April, there will be a new man at the helm of the Shell companies in Singapore Simon Lam, who is replacing Tim Faithfull. Mr Faithfull, chairman and chief executive of Shell in Singapore, will become president and ohief executive of Shell Canada, the AngloDutch giant
      214 words
    • Article
      Public forum on third university
      137 3 THE Singapore Management University (SMU) will hold a public forum to gather feedback before it starts designing its campus. The views will be used when the design brief for the campus master plan design competition is formulated. "It is not just a simple building or
      137 words
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      47 3 Hie course of true love never did run smooth. With so many beauties on display in V The Straits Times Classified daily, «f it's no wonder our readers are easily tempted. Advertise in the Vehicles section Call C.A.T.S. at 1800-737-1166. Buy It Sd It Find It I
      47 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      What Sengkang tender revealed
      710 4  -  THE PROPERTY COLUMN Last Friday's govt land sale gives some dues to the state of the private housing market and developers' health By Lee Han Shih THE bids submitted in the government land sale last Friday are widely seen as a barometer of the health of
      710 words
    • Article
      Lock icon S'pore property seen recovering
      254 4 Reuters [SINGAPORE] American investment house Goldman Sachs says the Singapore property market is set to recover, with home prices seen rising 15 per cent over the next 12 months. Analyst Ang Lay Pheng, in a research report dated March 2, said the residential market is on
      Reuters  -  254 words
    • Article, Illustration
      JLW S'pore chairman to head Asia
      540 4  -  Christopher Brown to be exec chairman; CEO, two deputy CEO posts created By Corinne Kerk [SINGAPORE] Property consultancy Jones Lang Wootton (JLW) Singapore's chairman, Christopher Brown, has been promoted to executive chairman in charge of its Asian business. A new chief executive officer (CEO)
      540 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
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      151 4 §The Golden Gate University Executive Master of Business Administration is a rigorous 18-month program. But you need to attend classes only on alternate Fridays (evening), Saturdays (afternoon) and Sundays (full day). So you can balance career, family and study. You'll be challenged and inspired to apply cutting-edge theory to real
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Growth in M'sia trade surplus falls sharply
      595 5  -  January's RM4.3b surplus is 34% lower than average of last 4 months of'9B From Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S trade surplus growth narrowed sharply in January and analysts expect the trend to continue as a recovery in the domestic economy pushes
      595 words
    • Article
      Lock icon Taiwan reports US$1.1b Feb trade surplus
      367 5 Steadily rising monthly surpluses expected in 1999 Reuters [TAIPEI] Taiwan posted a trade surplus of US$l.O6 billion (Ssl.B billion) in February compared to a U*****.4 million deficit in February 1998, the finance ministry said yesterday. Exports, the island's economic lifeblood, which have been hammered
      Reuters  -  367 words
    • Article, Illustration
      Lock icon Thailand working on 53b baht stimulus package
      348 5 Money to be used to jump-start domestic demand, create jobs AFP [BANGKOK! Thai Finance Minister Tarrin Nimmanahaeminda said yesterday that a 53 billion baht (552.4 billion) economic stimulus package will be ready for cabinet approval later this month. The money from the World
      AFP; REUTERS  -  348 words
    • Article, Illustration
      Lock icon Greenback retreats on profit-taking
      343 5  -  By Larry Wee [SINGAPORE] The US dollar was nudged back down across the board in Asian trading yesterday, after an early morning rally above 123 yen met strong selling interest, players reported. And they told BT that a back-up in Japanese government bond yields was another
      Source: Bridge  -  343 words
    • Article
      Lock icon Single-digit Philippine T-bill rates seen in Q2
      278 5 Reuters [MANILA] The Philippine central bank's decision yesterday to ease key overnight rates will usher in lower Treasury bill rates that could reach single-digit levels towards the end of the second quarter, bankers said. The central bank cut overnight rates by 25 basis
      Reuters  -  278 words
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      63 words
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  • REGION
    • Article
      Lock icon Cambodia may be admitted into Asean end-April
      254 6 MANILA AFP CAMBODIA may be formally admitted as Asean's 10th member during formal ceremonies toward the end of April, Philippine Foreign Secretary Domingo Siazon said yesterday. Mr Siazon said Vietnam was arranging for a date when all Asean foreign ministers can attend the
      AFP  -  254 words
    • Article, Illustration
      Lock icon 200 arrested in women's protests
      258 6 JAKARTA AFP INDONESIAN police arrested more than 200 protesters in separate demonstrations marking International Women's Day yesterday, witnesses said, In the first sweep, policemen and policewomen rounded up 59 women protesting against violence against women and other human rights abuses outside the local office of
      AFP  -  258 words
    • Article
      Lock icon Aceh students launch referendum campaign
      377 6 JAKARTA They want people to have a choice on whether they want to be free or join Indonesia AFP STUDENTS in Indonesia's troubled Aceh province have launched a campaign for a referendum on self-determi-nation for the troubled territory, residents and a report said yesterday. The
      AFP  -  377 words
    • Article, Illustration
      Lock icon East Timor autonomy details ready by late April: Alatas
      440 6 JAKARTA Reuters, AFP FOREIGN Minister Ali Alatas said yesterday that Indonesia would complete details of an autonomy package for the troubled territory of East Timor by late April. He was speaking shortly before departing for New York for further talks on
      Reuters,; AFP  -  440 words
    • Article
      Lock icon Don't delay Indon bank closures, IMF warns
      280 6 JAKARTA Patting it off could hurt market confidence: Neiss AFP INDONESIA risks denting investor confidence further if it delays the closure of problem banks again, the International Monetary Fund's Asia-Pa-cific director warned in remarks published yesterday. The warning by Hubert Neiss came after
      AFP  -  280 words
    • Article
      Lock icon Cambodia again rejects int'l tribunal for Ta Mok
      252 6 PHNOM PENH AFP CAPTURED Khmer Rouge leader Ta Mok was yesterday set to be the first and only Khmer Rouge leader to stand trial for genocide but the Cambodian government again rejected UN proposals for an international tribunal. The jailed former chief
      AFP  -  252 words
    • Article
      Lock icon Lawyer cannot testify about conspiracy: judge
      556 6 ANWAR'S TRIAL He says testimony may not be relevant, trat riding not final Reuters, AFP [KUALA LUMPUR] The judge in the trial of sacked Malaysian finance minister Anwar Ibrahim made a preliminary ruling yesterday that a lawyer could not testify about an alleged police
      Reuters,; AFP  -  556 words
    • Article, Illustration
      Lock icon No US$13b Marcos account: govt
      371 6 MANILA AFP A PHILIPPINE government agency tracking the alleged stolen wealth of deposed dictator Ferdinand Marcos yesterday denied a newspaper report that his youngest daughter has a US$l3.2 billion (5522.8 billion) secret Swiss account. Magdangal Elma, chair of the Presidential Commission on Good Government (PCGG),
      AFP; REUTERS  -  371 words
    • NOTE Book
      • Article
        Lock icon Indonesia has US$32b foreign debt duo
        94 6 AFP [JAKARTA] Indonesia's private foreign debt due in the fiscal year to March 1999 stands at US$32 billion (***** billion) a senior central bank official said yesterday. "Baaed on Bank Indonesia data, private foreign debt that matures in the 1998-99 fiscal year is at
        AFP  -  94 words
      • Article
        Lock icon Japan aid to Philippines to be cut by half
        91 6 AFP [MANILA] Tokyo's official development assistance to the Philippines is set to slashed by half in the year starting April due to economic stagnation in Japan, officials said yesterday. Manila is expecting about US$l billion (Ssl.7 billion) from the 23rd annual
        AFP  -  91 words
      • Article
        Lock icon Two killed in Ambon
        82 6 Reuters [AMBON] Two people were killed yesterday in fresh religious clashes in Indonesia's battered island of Ambon and one Muslim group threatened to send in armed supporters if the military foils to stop the violence. "The two men were dragged from their motorcycles after entering a
        Reuters  -  82 words
      • Article
        Lock icon KL opposition wants inquiry into virus
        77 6 AFP [KUALA LUMPUR] A Malaysian opposition party called yesterday for an independent inquiry to establish the full extent of the Japanese encephalitis (JE) virus suspected to have caused up to 29 deaths. The Democratic Action Party (DAP) said it wanted foreign experts included in
        AFP  -  77 words
    • Article
      Lock icon No risky investments for 250t yen post office savings
      281 8 TOKYO AFP JAPAN'S government yesterday ruled out putting the staggering 250 trillion yen (553.5 trillion) in post office savings in riskier but more profitable investments. Seiko Noda, the posts and telecommunications minister, confirmed there was also no chance of privatising the
      AFP  -  281 words
    • Article
      Gates expected to announce mega high-tech deal with HK Telecom
      460 8  -  Microsoft may lannch Net products in lmnitlimfl Hhinfl Prom Quak Hiang Whai in Hongkong LAUNCHING his assault on the potentially lucrative Hongkong and mainland Internet market, the world's richest man Bill Gates arrived here yesterday armed with a much anticipated
      460 words
    • Article, Illustration
      Lock icon HK women's employment woes
      60 8 [HONGKONG] Women representatives from the Hongkong Federation of Trade Unions holding protest banners outside the Hongkong government headquarters on International Women's Day yesterday. They urged the authority to solve employment problems faced by women. Some of the banners read "provide more jobs to solve unemployment"provide training
      REUTERS  -  60 words
    • Article
      Lock icon Sydney suburb rapped for driving Baywatch away
      353 8 SYDNEY Howard accuses residents of chasing away jobs AFP AUSTRALIAN Prime Minister John Howard yesterday lashed out at residents of the Sydney beach suburb of Avalon who may have cost Australia the chance to host the world's most popular television show, Baywatch. Amid
      AFP  -  353 words
    • Article
      HK unveils radical proposals to reform civil service
      577 8  -  Measures include bringing pay in line with that of the private sector From Quak Hiang Whai in Hongkong THE Hongkong government yesterday unveiled sweeping proposals to reform its 190,000-strong civil service, including radical moves to bring pay and benefits in line with
      577 words
    • Article
      Lock icon Missile plan: Taipei dismisses China's objections
      295 8 TAIPEI AFP [TAIPEI] President Lee Tenghui yesterday dismissed China's warnings against any US move to include Taiwan in a missile defence programme, saying the system would not be necessary if the mainland stopped threatening the island. "Whether or not we will join the TMD
      AFP  -  295 words
    • ASIA Briefs
      • Article
        Lock icon HK end-Feb forex assets at US$90b
        62 8 Reuters [HONGKONG] The Hong Kong Monetary Authority said yesterday Hongkong's foreign currency assets amounted to US$B9.B billion (S$ 155.1 billion) at the end of February, down from US$BO.l billion at end-January. The was because of a decrease in total currency notes issued, consistent with
        Reuters  -  62 words
      • Article, Illustration
        Lock icon Arnie scandal minister quits
        78 8 AFP [TOKYO] Japan's Justice Minister Shozaburo Nakamura (right) resigned yesterday after 1m blundered when allowing his movie hero Arnold Schwarzenegger into the country. The scandal, in which Mr Nakamura is suspected of keeping Mr Schwarzenegger's loet-passport form as a souvenir, has led the opposition parties to
        AFP  -  78 words
      • Article
        Lock icon Lower Japan industrial machine orders
        69 8 Bloomberg (TOKYO] Japanese industrial machinery orders fell in January from a year earlier, the 14th fell in 15 months as overseas and domestic orders declined Orders fell 10.3 per cent to 302 billion yen <554.3 billion) in January from the same month a year earlier.
        Bloomberg  -  69 words
      • Article
        Lock icon Fake VAT invoices: China executes two
        55 8 AFP [BEIJING] China has executed two entrepreneurs who defrauded tax authorities of 115 million yuan million) by issuing flake invoices from June 1996 to December 1998, the Xinhua news agency reported yesterday. The pair appealed, but the Supreme People's Court upheld the death sentence
        AFP  -  55 words
      • Article
        Lock icon Sale of A$500m Aussie govt bonds
        89 8 Bloomberg [SYDNEY] Australia {dans to sell A$SOO million (SSS4I.6 million) of bonds today, in the fifth sale of fixed-coupon securities for the 12 months started July 1. The government is offering Al2oomillion September 2006 bonds, which carry a 7.5 per cent coupon. The bond
        Bloomberg  -  89 words
    • Article
      Lock icon China urged to encourage private sector investment
      402 8 U BEIJING Key to solving jobless woes lies in private economy: economist Reuters CHINA should take steps to spur the private sector to help kick-start the economy and ease unemployment, state media yesterday quoted economists as saying. "It is disappointing that private sector
      Reuters  -  402 words
    • Article
      Lock icon Indian govt makes U-turn on Bihar
      274 8 NEW DELHI Federal rule revoked after govt fails to get opposition support Reuters [NEW DELHI] India's coalition government decided yesterday to revoke the imposition of federal rule in the crime-torn state of Bihar rather than face humiliation in a vote on the issue in
      Reuters  -  274 words
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  • FOCUS
    • Article, Illustration
      Lock icon New EPF stock holdings sit on 40% paper profit
      862 7  -  KL pension fund bought RM5OOm worth of stocks last year. They are now worth RM2OOm more Reports from Meera Tharmaratnam in Kuala Lumpur MALAYSIA'S national pension fund is sitting on significant paper profits on new investments made last year. It also
      FILE PHOTO  -  862 words
    • Article, Illustration
      Lock icon EPF learns a painful lesson
      882 7 Food's betting on politically-linked stocks does not always pay: survey MALAYSIA'S Employees Provident Fund learnt a painful lesson when the market crashed in 1997: betting on po-litically-linked stocks that lack strong balance sheets can be the fastest way to lose money. On paper, at least.
      FILE PHOTOS  -  882 words
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      18 words
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      920 7 Citibank offers you up to 8% p.a. interest on a USD/EURO Premium Deposit. Visit one of our branches loda\ to take advantage of the hi«h rates. Or call I ISOOi 335-S 1 )22. CITIBANK I ft#**** BANK OF TAIWAN, SINGAPORE BRANCH I Chairman: James C.T. Lb Directors: Jai-Chien Wang, Pao-f
      920 words
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  • THE WORLD
    • Article
      Lock icon Fund managers upbeat on economies outside of US: poll
      519 9 LONDON Managers says they are selling US bonds, buying Japan, UK, Pacific Basin stocks Bridge News FUND managers around the world believe the worst of the global financial turmoil is over, and have taken a more optimistic view of the prospect
      Bridge News  -  519 words
    • Article
      Lock icon Brazil, IMF set to announce new rescue terms
      413 9 SAO PAULO Bloomberg BRAZIL was to unveil yesterday its new accord with the International Monetary Fund to draw on sorely needed cash and stabilise the tottering, crisis-torn economy. Brazil is expected to announce new budget targets after the ones agreed to in
      Bloomberg  -  413 words
    • Article, Illustration
      Lock icon Barbie drips with diamonds
      66 9 [LONDON] Under the eye of a security guard, yesterday in London, Barbie, the world's most celebrated doll, marks her 40th birthday with a unique diamond-encrusted dress. The £50,000 (*****,480) gown with its 160 diamonds was created by Barbie's manufacturer Mattel together with diamond mining giant De
      AFP  -  66 words
    • Article
      Lock icon UK Budget may herald lower 10% start rate for tax
      349 9 LONDON Opinion divided as to whether it'll take effect this year Reuters BRITISH Chancellor of the Exchequer Gordon Brown is set to announce a headlinegrabbing cut in the starting rate of income tax to 10 per cent when he delivers
      Reuters  -  349 words
    • Article
      Lock icon UK Jan manufacturing output up 0.1%
      243 9 LONDON Reuters BRITISH manufacturing output climbed 0.1 per cent in January from December, sparking hopes that this key sector of the economy may be stabilising after its virtual free-fall last year. The figures from the Office for National Statistics (ONS) yesterday also showed overall
      Reuters  -  243 words
    • Article
      Lock icon US declaring war over bananas, says European Union
      273 9 GENEVA Reuters THE European Union yesterday accused the United States of "declaring war" on countries it alone deems are not trading fairly as the two powers exchanged fresh blows in their dispute over bananas. At a special session of the World Trade
      Reuters  -  273 words
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      246 9 Citibank offers you up to 6% p.a. interest on a USD SGD Premium Deposit. isii one ol our branches toda_\ to take advantage of the hiyh rates. Or call 11 SOU) 335-N922. CITIBANK ii?rinfifthiriifit iii Mii i iiril--- -iiitaii.iiiiMaM- mm New age harbour towage th Tug Toutage Th e Maritime
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  • EDITORIAL & OPINION
    • Article, Illustration
      Why we need soft hearts but hard heads
      867 10  -  THE BOTTOMLDVB OPINION By Ngiam Tong Dow The writer is permanent secretary in the Singapore Ministry of Finance. This article first appeared in the Economics Newsletter, published by the NUS Department of Economics, and is reprinted with permission from the writer JOHN
      867 words
    • Article
      IN OTHER WORDS
      101 10 'In one instance, the obstetrician ordered the epidural in advance, but when the woman was in active labour, she was refused this service for lack of prepayment..The doctor refused anything but cash.' -MyßktaHm a US director of Medicaid, on reports that health-care providers are improperly requiring patients
      101 words
    • Article
      Changing disclosure standards
      565 10 EDITORIAL WINDS of change seem to be sweeping through corporate disclosure regimes in Singapore. Laggards who fail to recognise the signs and refuse to raise their reporting standards could pay for their folly in the form of lower share prices. Leading the reformist pack are banks, if
      565 words
    • Article, Illustration
      Lock icon Can eco-systems survive man's rush to get rich?
      1213 10  -  The environmental challenge is most argent in China, one of the world's fastest growing economies By: Mark Hertsgaard, Zhou Zhenbing Hertsgaard is the author of 'Earth Odyssey: Around the World in Search of Our Environmental FutureZhou Is an associate professor at People's
      LAT-WP; FILE PHOTO  -  1,213 words
    • Article, Illustration
      Habibie's position on E Timor far from a coup
      687 10  -  MAILBOX Loren Ryter Department of Political Science University of Washington Seattle, US via Internet THE only coup that President B J Habibie has scored recently is over your news staff. Shoeb Kagda's article "Habibie scores a coup over East Timor" (BT,
      687 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Shakespeare and ER shine at Guild awards
      448 11 LAT-WP [HOLLYWOOD] The romantic romp Shakespeare in Love and the television medical drama ER were the big winners at the sth Screen Actors Guild Awards at the Shrine Auditorium on Sunday, a ceremony made sombre by the news of legendary director Stanley Kubrick's
      LAT-WP; REUTERS  -  448 words
    • Article, Illustration
      Lock icon Kubrick: a taste for the bizarre
      1331 12  -  The director, who died on Sunday, made coldly brilliant films that explored humanity's baser instincts with great visual flair and often savage wit says Stephen holdem STEPHEN HOLDEN NYT STANLEY Kubrick, the famously reclusive director of such classic films as Dr Strangelove, 2001: A
      NYT; AFP PILI PHOTO  -  1,331 words
    • Article, Illustration
      Lock icon Forever young in the eyes of the film world
      802 12 LAT-WP [HOLLYWOOD] First comes the predictable shock: Stanley Kubrick, dead, the youthful creator felled with so much left to do. Then comes a different kind of shock: Stanley Kubrick was 70 years old. For several interconnecting reasons, Kubrick will always be
      LAT-WP; AFP FILE PHOTO  -  802 words
    • Article, Illustration
      Lock icon Tributes for a grand master
      709 12 Last movie Eyes Wide Shot will be released as planned on July 16e Warner Reuters [LOS ANGELES] The death of Stanley Kubrick robbed the film world on Sunday of one of its towering masters and came just as he completed his latest opus, Eyes Wide
      Reuters; FILE PHOTO  -  709 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      433 11 Where to wine, dine and (jjjftsafr JjSSSSStiSL jHssss Engage in ballroom dancing to rock 6i roll, tango, samba and romantic evergreens at Singapore's favourite nostalgia pub, Club 5 two. 12 weekend cover charge and dance tips every Tuesday from 8.30pm 10pm and every Thursday from 9pm 10pm. Operations Hours: 6pm
      433 words
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      45 11 2-13 March *99 Fa Hsing Acrobatic Troupe performance 24 Marcfa ■UITI.IN ARY Reservations: 224-3203 1 lyif o*l2l Ttl 224 wu Advertise in Wine, Dine Entertain of The Business Times. j Contact Jennifer Ng 740 1581, Raymond Seah 740 1260 or Shirlev Lee 740 2290 now
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      995 11 CR7PTIC CROSSWORD glish slow bowler (6) second innings (6-2) —JHj 10 Symbol of group or ensemble, one is bound to be in LaJ Lh| Lh 21 Dead flowers seen on golf iF M j| courses (7) 22 Acrobat often on bars (7) IH 23 Potion helps to make Felix ir24
      995 words
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      192 12 THE WEATMHK, "Tr—' Slightly hazy. Showers with thunder in the afternoon and early evening mainly over northern, eastern and central Singapore. Temperature (25/33C) Va/Bf OwmL Jerwaleui till dew Stekhota doady Auckland 17/B nil Mm* 16/30 dear Vm -1/7 doud> ft/35 (lir Zanrt -V3 d«Kt> Mfif- tar Bnrop* WHI* Oood. Bombay
      192 words
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  • COMPANIES & MARKETS
    • Article
      DBS' local NPLs jump 315% to $2.7b
      721 13  -  Economic downturn and bank's exposure to the property market cited Reports by\ Siow Li Sen [SINGAPORE] Local non-per-forming loans (NPLs) at DBS Bank jumped 315 per cent to $2.7 billion due to the downturn in the local economy and the bank's exposure to
      721 words
    • Article
      Thai Danu bad loans have bottomed out: DBS
      685 13 DBS Bank has began restructuring 20% of Thai bank's NPLs [SINGAPORE] Bad loans at Thai Danu Bank have "more or less bottomed" and DBS Bank has begun restructuring 20 per cent of the non-per-forming loans (NPLs) there, said senior DBS executives. DBS
      685 words
    • Article
      Strong interest income keeps local banks in the black
      729 13  -  HOCK LOCK SIEW Conrad Raj WERE Singaporeans and local companies the ones who kept most of our local banks in the black last year through their hefty borrowings? Was this behind the large increases in interest income that were the mainstay
      729 words
    • Article
      Property exposure, stricter definition jack up OUB NPLs
      505 13  -  By i Clarissa Tan [SINGAPORE] Overseas Union Bank's non-perform-ing loans (NPLs) in Singapore rose more than 8-fold to $1.92 billion, due to exposure to the property sector and a more stringent definition of NPLs. Said OUB president Peter Seah: "The increase in
      505 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article, Illustration
        Lock icon ABR to buy six Europa businesses
        647 14  -  $26m deal at .helping Sesdaq-listed 'group return to the black ffyi Carol Eng [SINGAPORE] ABR Holdings' biggest shareholder is injecting six Europa businesses into the company in a $26 million share deal aimed at helping the group return to the black. In a statement
        FILE PHOTO  -  647 words
      • Article
        OUE net dives 67%, but $9.7m profit beats expectations
        344 14  -  Byi Corinne Kerk [SINGAPORE] Overseas Union Enterprise yesterday reported a 66.9 per cent tumble in net profit to $9.7 million for the year ended 1998 but was still better than analysts' expectations. Analysts polled in The Estimate Directory had projected a
        344 words
      • Article
        Listing nod for Summit's KL associate
        121 14 [SINGAPORE] The Malaysian associate of main boardlisted diskmaker SM Summit Holdings Ltd has obtained approval to list on the second board of the Kuala Lumpur Stock Exchange. The associate, SM Summit Holdings Bhd, will issue about 3.9 million new shares representing 13.1 per cent
        121 words
      • Article
        Flextech beats forecasts with 41% surge in earnings
        560 14  -  Elec L Eltek interim slips 11.8% dne to price erosion By, Annette Pau [SINGAPORE] Flextech Holdings has posted a 41 per cent rise in group net earnings for the year to December 1998 while Elec Eltek International Co has reported an 11.8
        560 words
      • Article
        GK Goh's interim plunges 76% on almost halved turnover
        410 14  -  By< Christopher Tan [SINGAPORE] G KGoh Holdings yesterday said interim net profit dived to a dismal $999,000 from $4.2 million previously as the regional downturn almost halved turnover to $26.3 million. The group attributed the 76 per cent drop in earnings
        410 words
      • Article
        Don't act yet, IMS shareholders urged
        195 14 [SINGAPORE] Inchcape Marketing Services independent directors have asked minority shareholders not to take any action regarding Li Fung's offer until they have considered recommendations based on the advice of Standard Chartered Merchant Bank Asia Limited. In a statement to the stock exchange on Saturday,
        195 words
      • Article
        Apology
        74 14 On Feb 24, we published a Washington Post report headlined "When the Net lets you down". It was unfortunately accompanied by a file picture showing a page of Vickers Ballas' Internet trading Web site, although the Singapore firm was not mentioned in the report. The picture was used only
        74 words
      • Article
        Jay a Holdings not Indonesian owned
        242 14  -  LBTTHSSTOTHBHDITOK Chan Fook Kong finance director Jaya Holdings WE refer to your article of March 5, headlined "Jaya shares spring to life, soaring 20 per cent in three days". Kindly allow us to point out certain inaccuracies contained therein. Your article referred to our
        242 words
      • Article
        APB shareholders merit high payout
        166 14  -  Denis Distant via Internet I REFER to the Hock Lock Siew article "APB should stop giving out such huge dividends" by Lee Han Shih (BT, March 6). I would like to mention that although the 18 per cent total dividend paid for 1998 was 71.4
        166 words
    • COMPANIES
      • Article
        UEM to bear brunt of latest Renong revamp
        503 15  -  New plan using Pins to retire Benong, UEM debts through USsB.4b bond issne From. Eddie Toh in Kuala Lumpur UNITED Engineers Malaysia (UEM) will again suffer from the latest corporate exercise by its former parent, listed Renong Bhd. In a statement to
        503 words
      • Article
        Kerry Properties' profit beats forecasts
        568 15  -  24% fall in earnings to HKsl.2b smaller than ejected From* Quak Hiang Whai in Hongkong ROBERT Kuok's Kerry Properties Limited yesterday surprised with a smaller-than-expected 24 per cent decline in net profit to HK$l.2 billion (*****.5 million) for the year ended Dec 3.1,1998. The Hongkong-listed
        568 words
      • Article
        Lock icon Aussie regulators allow Packer to keep Fairfax stake
        222 15 Bloomberg [SYDNEY] Kerry Packer, Australia's richest man, can keep his stake in John Fairfax Holdings Ltd after regulators ruled he hasn't broken cross media ownership laws. The Australian Broadcasting Authority said Mr Packer doesn't have influence over Fairfax, publisher of the Sydney
        Bloomberg  -  222 words
    • REGIONAL COMPANIES
      • Article
        Lock icon High-level family shakeup at auto giant Hyundai
        365 16 Vice-chairman and confidants poshed to construction arm; move seen boosting new chiefs power AFP [SEOUL] South Korean automobile giant Hyundai Motor Co carried out a high-level shakeup of its controlling family yesterday to bolster the power of new chairman Chung Mong Ku, officials
        AFP  -  365 words
      • Article
        Lock icon SEHK, HKFE boards back merger, listing
        349 16 Reuters [HONGKONG] Hongkong's Financial Secretary Donald Tsang yesterday said board members of the Hongkong stock and futures exchanges agreed to the government's plan to merge the two exchanges and list the new company next year. "They, the council members, have agreed to our schedule.
        Reuters  -  349 words
      • Article
        Lock icon HK units expected to drag down Citic's earnings
        386 16 Reuters [BEIJING] China International Trust and Investment Corp (Citic) will report sharply lower earnings for 1998 because of the poor performance of its Hongkong-based units, a senior Citic official said yesterday. China's flagship foreign investment vehicle was likely to report net profits
        Reuters  -  386 words
      • Article, Illustration
        Lock icon Compact power
        47 16 [TOKYO] This combo picture released yesterday from Japan's electronics giant Matsushita (Panasonic brand) shows the company's first mass-production ultra thin lithium-polymer batteries. The new 3.6mm-thin batteries are developed for use in thinner and more compact mobile phones and other types of slim electronic products. AFP
        AFP  -  47 words
      • Article
        Lock icon Sony to unveil management structure revamp today
        379 16 It may be moiling holding company system to cut taxes Bloomberg Reuters [TOKYO] Sony Corp, the world's No 2 consumer electronics maker, said it will meet the press today to announce changes to its management structure. The company declined to be more specific.
        Bloomberg; Reuters  -  379 words
      • Article
        Lock icon Canary Wharf chief's incentive plan
        254 16 Bloomberg [LONDON] Paul Reichmann, chairman of Canary Wharf Group pic, has exchanged the management contract for Britain's third-largest property company for the right to buy warrants, shares and bonds representing about 4 per cent of the company's stock, a Canary Wharf spokesman said last week.
        Bloomberg  -  254 words
      • Article
        Lock icon New World cuts IDD rates for new customers
        288 16 Reuters [HONGKONG] New World Development Co Ltd's New World Telephone Ltd said yesterday it would offer new customers deep discounts on tariffs for international calls until April 6 to boost its subscriber base. Prices for all calls to China would be reduced
        Reuters  -  288 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon US securities industry's Y2K test surpasses expectations
        472 17 First of six tests included 170,000 trades in stocks, funds, options, bonds Bloomberg [NEW YORK] More than 400 US securities firms, stock exchanges and asset managers tested over the weekend how well their computers will handle stock, bond and mutual fund trades at
        Bloomberg  -  472 words
      • Article, Illustration
        Lock icon Pentium III chip sales ahead of plans: Intel
        389 17 Bloomberg [BEIJING] Intel Corp, the world's biggest producer of computer chips, said global sales of its new Pentium 111 chips are "slightly" ahead of expectations. "Sales are exactly what we expected, actually slightly ahead of what we (thought)," said Albert Yu, a
        Bloomberg; FILE PHOTO  -  389 words
      • Article
        Lock icon VLSI faces class action suit over Philips' offer
        232 17 Reuters [WILMINGTON, Delaware] VLSI Technology shareholders have filed at least six similar class action lawsuits in Delaware against the company and its board to compel their cooperation with any potential acquirer, including Philips Electronics. Shareholders, who began filing the suits on Thursday
        Reuters  -  232 words
      • Article
        Lock icon Japan's IDC may attract rival bids
        441 17 Gable 6 Wireless offer expected; NIT eyeing major stake FT [TOKYO] The reported move by Cable and Wireless (C&W), the UK-based telecoms group, to make an offer to take control of Japan's International Digital Communications (IDC) could* run foul of NTT. Japan's telecoms giant
        FT  -  441 words
      • Article, Illustration
        Lock icon Ex-Citigroup chief to get US$30m package
        191 17 Bridge News [NEW YORK] Citigroup, formed last October by the merger of Citicorp and Travelers Group Inc, has agreed to give former president Jamie Dimon a separation package estimated to be worth at least US$3O million (5551.8 million), sources told yesterday's Wall Street Journal.
        Bridge News  -  191 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Korean state bank to sell up to US$1b in bonds
        169 18 Bloomberg [SEOUL] Korea Development Bank (KDB), one of Asia's biggest bond issuers outside Japan, said it plans to sell as much as US$l billion (551.72 billion) worth of bonds abroad in the first half of this year, possibly next month.
        Bloomberg  -  169 words
      • Article
        Lock icon Euro will boost corporate bond sales, says OECD
        472 18 Removal of currency risk will lower borrowing costs Bloomberg [PARIS] Euro-denominated corporate bond sales are seen increasing following the adoption of Europe's single currency earlier this year, the Organisation for Economic Cooperation and Development (OECD) said. "By removing the curren-cy-risk component of
        Bloomberg  -  472 words
      • Article
        Lock icon Goldman Sachs partners expected to approve IPO in vote
        668 18 After listing, partnership will become 3rd-largest US securities firm Bloomberg [NEW YORK] Goldman Sachs Group's 221 partners were expected to approve yesterday a plan to sell at least 10 per cent of the investment banking partnership to the public, valuing the
        Bloomberg  -  668 words
      • Article, Illustration
        Lock icon IBJ, 3 Japanese banks expect profits next year alter write-offs
        717 18 Bloomberg [TOKYO] Industrial Bank of Japan Ltd (IBJ) and three other Japanese banks said they'll return to profit in the year beginning April 1 after writing off trillions of yen in bad loans in the current year. The banks made
        Bloomberg; REUTERS  -  717 words
      • Article
        Lock icon ANZ's emerging markets funds unit in MBO
        532 18 London-based Ashmore aims to double its fnnds Reuters [LONDON] The management of Australia and New Zealand (ANZ) Banking Group Ltd's London-based emerging markets funds management unit announced yesterday they would buy out the unit for an undisclosed amount. The management group, Ashmore Investment
        Reuters  -  532 words
      • Article
        Lock icon Fords to pay US$2.8b for US credit insurer
        241 18 Purchase will doable Rfllgian financial firm's US operations Bloomberg [UTRECHT, Netherlands] Fortis, Belgium's largest financial services company, agreed to buy credit insurer American Bankers Insurance Group for US$2.B billion (Ss4.B billion) in cash and debt, doubling its operations in the US. Fortis
        Bloomberg  -  241 words
      • Article
        Futures slide on poor bank results
        217 19  -  SIMTflf Reports MSffl faHof Bob Butcher, Jardine Fleming WHAT Friday giveth, yesterday taketh away in the world of Singapore MSCI futures. Yesterday's retracement of 3.4 points in the lead month futures contract wiped out Friday's gains. The front month contract opened at 221.5 points
        217 words
      • Article
        Optimism over tech stocks sends index up
        180 19  -  MSCI Taiwan tatnras Charlie Kuo Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract rose amid optimism that United Microelectronics Corp (UMC), a beUwether for the Taiwan electronics sector, would lead the market up through March. UMC's sales last month jumped to
        180 words
      • Article
        Lock icon Oil prices surge to eight-week high on Saudi, Iran talks
        253 19 EMERGY REPORT Reuters [LONDON] Oil prices were spurred to an eight-week high yesterday as Opec heavyweights Saudi Arabia and Iran intensified talks aimed at reviving ailing world markets. Bellwether Brent blend crude stood 34 US cents higher at US$ll.9O a
        Reuters  -  253 words
      • Article
        Lock icon CURRENCY REPORT
        324 19 Reuters, Bloomberg London RECEDING expectations of imminently higher US interest rates forced the dollar to surrender some ground against the euro and yen yesterday. "The dollar is tired; it went up for most of last week," said Philip Shaw, chief European economist at Investec. "It is lower due
        Reuters,; Bloomberg  -  324 words
      • Article, Illustration
        Untitled
        1179 19 PfTERBAIfK CROSS KATES A/ar« C$ >■> fart Ffr Pw HK$ I* tatogtok Tw W» Wi MftNfch No S< toi Sir WT$ %+t Hmt W Australia 0.952 6.178 0.577 3.784 1128 4.861 ***** 55.991 0.764 7.770 2384 IMS 32.026 24.467 1084 1886 0.9» ***** ***** 0.391 0.627 Canada 1.051 5.470 0.606
        1,179 words
      • Article
        Untitled
        1815 19 glCOM FUTURES Mar 8 lUMCR (Mam dnkm« «t SJOpa) RSS1 ewtsA?) OoM Votamt OpW Mootfc Htyi Low Stt (to—«) Moroit Apr 99 106.S0 108.50 109.25 200 700 Itey 99 1H25 925 Jw 99 113.25 300 Mfttp 99 116.75 825 0d/Doc9» 120.25 225 JWMar 00 123.75 RSS 3 CONTRACT (US cnd/M
        1,815 words
    • Article, Illustration
      Lock icon HONGKONG
      1333 20 AFP nHanf Sen* *2187 HONGKONG stocks closed up just 0.2 per cent yesterday after profit-taking eroded sharp early gains following Wall Street's surge to a record high on the week-end. The blue chip Hang Seng Index closed up 22.87 points at 10,263.99 on turnover of HK54.95 billion. Wall Street's
      AFP  -  1,333 words
    • Article
      WORLD STOCK MARKETS
      2291 20 tOHPQH I i>4m (trials Mart Nftci 31 Group 608.400 H.600 AB Ports 288.000 4.000 ADBey National 1253.000 9.000 Allied Domecq 485.400 -12.000 Allied Zurich 914.400 -5.600 Amec 199.000 3.000 AM< Croup >47.400 -0.800 BAT Ind 572.400 0.400 BC Pic 352.400 -2.000 BICC 80.400 unch BOC Group 858.000
      2,291 words
    • Article
      Lock icon TAIPEI
      365 20 AFP QWP Index +1023 TAIWAN share prices closed 0.2 per cent higher yesterday in narrow-range trading as investors remained cautious with the market benchmark approaching its 6,500-point resistance level, analysts said. The benchmark Weighted Price Index rose 10.23 points to 6,431.%. "The market is still con- solidating as the
      AFP  -  365 words
    • Article, Illustration
      Lock icon CHINA
      548 20 Reuters n Shenzhen B Index -0.49 SHENZHEN'S hard currency B shares ended lower yesterday as lowpriced shares reversed a recent uptrend due to bearishness on the Shanghai B share market, analysts said. The B Index fell 0.49 point, or 1.07 per cent, to 44.98 on turnover of HK$4.5 million,
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  548 words
    • Article
      Lock icon TOKYO
      1582 20 AFP Nikkei 225 -114J6 SHARE prices in Tokyo closed 0.8 per cent lower yesterday on a late bout of profit-taking by institutions and securities house dealers, brokers said. The Nikkei stock average of 225 leading issues lost 114.95 points to end at 14,779.05, coming off the day's high of
      AFP  -  1,582 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Late institutional support reverses losses
        389 21 AFP. AFX-Asia Composite Index +3.04 MALAYSIAN share prices closed 0.6 per cent higher yesterday after local institutional buying reversed earlier losses in a quiet market, dealers said. The KLSE Composite Index rose 3.04 points to finish at 519.86, off an earlier low of 513.50 points
        AFP.; AFX-Asia  -  389 words
      • Article
        Untitled
        8113 21 MOUSTMALS Cmsmmt prtiicti 1ff9 LMt Vii Diu u«t r«* Law CiwpaaV %mm -000 Hmi Law HI fdl 310 270 AJmomoto 2T0 unch 4 270 270 14.9 109.4 ,5? .5 Ang 64 64.5 61 89.9 £83 220 Apotto Food Hlg 220 -5 5 220 220 7.7 88.0 204 137 8ar|ayaLand 140
        8,113 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        1925 22 BONOS, LOANS i VARIANTS u Lart V*4 Day Last Ouot« Avq n*** L ,tnc Company Sak ♦or- (OOO) High Lo« ftuy.r i«Mr Prtca w 3 3wo »Affwoio7ini«;* i> r 35 45 3164 Acma ******4 16 -0.5 114 17.5 16 16 16.5 16 3161 AIITach ******7 28.5 25 5 39 18.5
        1,925 words
      • Article
        Interesting to see CK Tang wrt still at 10 cts
        202 22 WARRANT WATCH SPECULATIVE interest in retailer CK Tang and its warrants has subsided somewhat of late. Trading volume has been falling sharply, and the prices have stabilised at much lower levels. The shares closed at 39 cents yesterday, while the
        202 words
      • Article
        CLOB INTERNATIONAL
        206 22 HONGKONG STOCKS Gr b l-Mt Vd on Last QuoU Mv Mv VM MM M Cap Mm> Urn Uno Cwnwy %m rOOO) MUh L— »wyc Cw P/C 185 173 5123 COL (2000) HK 173 >66 T78 8 2.4 4.6 8.9 3349.6 5124 C4ttwyPac20cHK_720 265 2.1 7.4 6 *****.4 5125
        206 words
      • Article
        Lock icon WELLINGTON
        246 22 AFP +£22 NEW Zealand stocks ended barely changed yesterday, with Wall Street's record surge at the week-end making no waves on the local market, dealers said. The NZSE-40 Capital Index ended just 3.22 points higher at 2,173.74. Yesterday's turnover was NZ$73.l million. AFP CM AN2 Banking 12.50 0.15 5987
        AFP  -  246 words
      • Article, Illustration
        Lock icon BANGKOK
        757 22 AFP n SET Mm *0.47 SHARES shook off concerns over delays in economic reforms to post a slight gain at the close yesterday but dealers said the rise did not match expectations after Wall Street's record-high close. Dealers said the overall market was buoyed by buying in certain heavily
        AFP  -  757 words
      • Article
        Lock icon SEOUL
        393 22 AFP W Composite lata *3U6 SOUTH Korean share prices rocketed 6.3 per cent yesterday on active buying following the record-high close on Wall Street at the week-end, dealers said. Shinyoung Securities analyst Park In Soo said the market extended its rally in the afternoon, adding that further gains were
        AFP  -  393 words
      • Article
        Lock icon SYDNEY
        622 22 AFP n&Q Ordinaries +27J SHARE prices closed up 0.9 per cent in quiet trade yesterday as the market seized on Wall Street's surge to record levels but was held back by a public holiday in Melbourne. The All Ordinaries Index closed up 27.1 points at 2,929.6. The All Industrials
        AFP  -  622 words
      • Article, Illustration
        Lock icon JAKARTA
        721 22 AFP n Composite Index -411 INDONESIAN share prices closed one per cent lower yesterday as a lack of local buying support and worries over the run-up to June polls erased early gains following Wall Street's week-end rally, brokers said. An analyst with a local brokerage said the market opened
        AFP  -  721 words
      • Article
        Lock icon MANILA
        337 22 AFP Q Manila ♦Kg PHILIPPINE share prices closed 0.7 per cent higher yesterday as domestic trading sentiment received a boost from a record high close on Wall Street at the weekend. The Composite Index added 14.87 points to 2,028.28. Turnover hit 750.63 million shares worth 1.06 billion pesos from
        AFP  -  337 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6128 23 Transaction date: M. 1 8 Or Gr M Wt U«» Vat Day LMt Ouata Otv Dtv YM Nat Cap Avg W» U» Wf titm to>» fOOOl MN> U» 8»yar SdBar Cvr P/t >iS Prtca iBPBwBBHIPr > c V"*"sr 142 17.5 mt 1000 Acma 50c
      6,128 words
    • Article
      SESDAQ
      1229 23 Or Or M an S2-WH Laat V* Day Laat Ouata Ot* 06* YM Nat Ca Ah High L— Mjll gggg UK rooot Mm> L— Bwyar Whr Cw H W $W Plica 219 30 a 2049 AS Auto 10c 90 -IS 363 93.5 90 90 91 IS N 7 17
      1,229 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        359 24 Stacks Volume DBS Land 10,489,000 ST Engg 10c 6,555,000 ABR Hldgs 5c 6.058,000 SingTel 15c 4,793,000 Kept* LandWOO 4,741,000 6ES Ml Ltd 20c 4.613,000 GoWtron 20c 4.254,000 MMI Hldgs 10c 4,006,000 IPCO $1.70 3,728,000 Hotung Inv NT5 3.508,000 Stacks DBS Foreign 33,802,831 DBS Land 23,524.812 OCBC Foreign 18.464.416 SIA Foreign
        359 words
      • Article, Illustration
        Profit-taking, poor bank results hurt sentiment
        644 24  -  STOCK MARKET COMMENTARY Dow's record close on Friday fails to bring cheer as investors think run-up is unsustainable By Louis Beckerling SHARE prices gave up early gains yesterday as a wave of profit-taking, and poor banking results, turned sentiment negative. After powering ahead by
        644 words
      • ON THE GRAPEVINE
        • Article
          A fisherman's tale
          83 24 THE cynical might call It a fishy tale. But we think it's quite cool that Hongkong-based debt restructuring outfit Asian Debt Management calls one of its specially-formed units the Tetra Fund, after the Latin name for the puffer fish (tetraodontidae), described as "capable of enlarging itself several
          83 words
        • Article
          Strawberries or durians?
          117 24 WE also got news yesterday thatfUnd manager Aberdeen Asset Management has signed up as sponsor of the prestigious annual boat race between the students of Oxford and Cambridge Universities just outside London. The event, which takes place on the River Thames in spring each year, is said
          117 words
        • Article
          Money-spinner
          168 24 THE United Nations is not an organisation known for its ability to make money. But one subsidiary has found a way to make money from new inventions—though not its own, but those of others. The World Intellectual Property Organisation, or Wipo, has 100 member countries around the world and
          168 words
        • Article
          Moving
          79 24 ACCORDING to Harakah, the official mouthpiece of Malaysian opposition party Parti Islam Se-Malaysia, better known as PAS, Malaysian Prime Minister Mahathir Mohamad is scheduled to move into a new residence which some describe as controversial. Nobody aeons to know for sure, but estimates of how much it coat to
          79 words
      • Article, Illustration
        HOT STOCK
        66 24  -  Teh Hooi Ling DATACRAFT Asia is now in uncharted waters, having sailed to its record high of US$2.2l last week. But technical indicators RSI. Stochastics and On-balance volume suggest that there will be a short-term correction. The counter yesterday closed one US cent down to US$2.lB on a
        66 words
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      77 14 Supply Chain Management Techniques Learn World Class tested Supply Chain Management Techniques that work! [15-16 March 199$] Kent Ridge Guild House, Singapore E Conducted By: Michael P. Novitsky CPIM, President of Professional Consulting Alliance Technical Consultant for the Supply Chain Council Email: http://www.kuhleconsulting.com Hurry\ Fm: ($5) 256 5523 1W: (65)
      77 words
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      1486 15 Overseas Union Bank Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Bank Limited wishes to announce 1 AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1998 The Croup The Bank 1998 1997 +/0 1998 1997 +/O SS'OOO SS'OOO SS'OOO SJ'OOO Interest income 2,687,194
      1,486 words
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      1278 16 LI FUNG DISTRIBUTION (SINGAPORE) LIMITED (Incorporated in the British Virgin Islands) CONDITIONAL VOLUNTARY CASH OFFER FOR INCHCAPE MARKETING SERVICES LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT OF VOLUNTARY OFFER BECOMING UNCONDITIONAL AND REVISION OF BASIC OFFER PRICE On behalf of Li Fung Distribution (Singapore) Limited ("LFDS" or the "OfferoO,
      1,278 words
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      13 17 Asian View mm fl A Iff b V Yan 9 Razali Kassim TheßusinessTimes
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      960 17 Overseas Union Trust Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Trust Umited wishes to announce: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1998 COMPANY AND CROUP Increase/ 1998 1997 (Decrease) SS 000 SSOOO Total Operating Revenue 103,025 87,974 1 7.1 Investment
      960 words
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      1702 24 Trade all over Asia, anytime you want. Call DBS investor Online at 438-1188 to find out more ©IWSBANK NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SOUTHGATE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION)
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      300 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SILVER CAPE INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL MEETING of the members of the abovenamed Company
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      211 24 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF LUCKY LUGGAGE CENTRE PTE LTD (INCORPORATED IN SINGAPORE) (IN MEMBERS VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. SO. that the Final Meeting of
      211 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      313 25 Bridge News, Reuter THE freight market ended the week on a quiet note. Sentiment was mixed over the direction of Atlantic Panamax rates. While a lower level was reported on a trip from the US Gulf to the Far East, some brokers have suggested that the market is
      Bridge News,; Reuter  -  313 words
    • Article
      MARITIME STOCKS
      268 25 Mr I V- w CWTOWrlbubon ,0.528 -0.009 13 ClwanHup 0.605 -0.005 84 Cotce Invastmant 0.475 -0.005 20 FraMMLMu 0.14 -0.008 250 GSHMMnga 0J7 -a 01 3 Hal Sun Hup 0.46 -0.018 SI IMCHeMM* HK 8.60 Jaya Hewn* 0.848 -0.028 MT Jurona Shipyard 6.48 unch 66 KappaiCarp 4.20 *0.12
      268 words
    • Article
      KL to intervene in freight rate furore if asked
      500 25  -  Shippers have not approached govt on planned freight rate hikes: minister By Felix Chan [SINGAPORE] The Malaysian government said it would intervene to combat hefty freight rate increases planned by shipping lines this year if approached by shippers. "We will intervene
      500 words
    • PORT Shots
      • Article
        Low-cost box leasing service
        30 25 [LONDON] US-based Transamerica Leasing has launched a new low-cost container leasing service offering simplified procedures and involving older boxes, of between seven and 10 years old.
        30 words
      • Article
        Lock icon Japan's ship export orders down
        70 25 AFX-Asia [TOKYO] The Japan Ship Exporters Association said January shipbuilding export contracts stood at 106,700 gross tonnes, compared with 614,600 tonnes a year earlier. It said orders for three bulk carriers in January amounted to 106,700 tonnes, with no orders for carriers In other categories
        AFX-Asia  -  70 words
      • Article
        IHI wins US$70m deal for 2 bulkers
        108 25 [TOKYO] Ishlkawajlma-Harima Heavy Industries (IHI) has received orders for two capesize bulk carriers from Taiwan's Formosa Plastics. The contract is worth about US$7O million <*****.4 mUlion). The deal Is IHl's first newbuilding contract this year. To be built to IHl's popular capesize buiker
        108 words
    • Article
      Sumitomo Heavy to boost capacity at Shanghai plant
      170 25 [TOKYO] Sumitomo Heavy Industries Ltd will beef up production capacity at its Shanghai ship parts joint venture. Many shipping companies are expanding their production operations in China, where low-cost, high-grade materials and parts are available. Labour costs are said to be one-twentieth
      170 words
    • Article, Illustration
      Lock icon Ship adrift
      53 25 [SALAATA, Lebanon] A Turkish ship, laden with 6,300 tonnes of sulphuric acid for a fertiliser plant, drifts off the northern Lebanese coast. The Aksay started to list as it was about to offload its cargo at the jetty of the Lebanese Chemical Co in the northern Lebanese port
      AFP  -  53 words
    • Article
      P&I Club put into provisional liquidation
      269 25  -  Ocean Marine Mutual owes Midland Bank more thanUSssom By\ Marcus Hand [SINGAPORE] Troubled P&I (protection and indemnity) Club, Ocean Marine Mutual, has been put into provisional liquidation by the UK's Midland Bank over debts reported to be more than US$5O million (5586.3 million). Ernst
      269 words
    • Article, Illustration
      Lock icon Flying into a yakuza cloud
      806 26 JAPAN AIRLINES Top shareholder in airline cites fear of gangsters who have muscled in for wanting to sell his 4% stake Bloomberg [TOKYO] JAPAN Airlines Co's largest shareholder said he plans to sell his 60 million shares because the head of an organised crime syndicate
      Bloomberg; FILE PHOTO  -  806 words
    • Article
      SHIPPING SCHEDULES INDEX
      219 26 PAGE ECU Line 6 ACL 6 ECL 5 ANL 3 6 Accord 8 fooflgSun 8 Appenship 5 GUnk 4 Austral 8 Gemartrans 8 Bala)i Shpg 4 7 BSA 7 *"P" 3 B'tang Mas 8 Heung-A 4 CCNI 7 Hyundai 7 CMA 8 ICFS 3 COSCO 5 Interasia
      219 words
    • Article
      SHIPPING GUIDE
      20023 33 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT CTA ETA Advartlsar Vassal Voyaga TaWphona ETA ETA Aitvartlsaf Vassal Voyaga TaMphona SIN 0«rn Nam* Nairn Nwntoor Numbar sin Dast'n Nam* Nama N—tar Numbar MMMMaMHMMMRHHaHNMBnMMMMMMMMHaMHaHHaMMHHMM MMMMMMMHMMMHMHNMMMMaMHMMMnMMMMMHMMMMMMMMMMMMW a/03 13/04 Ktan Hung ROYAL CONTAINER RC901S 45-*****33 To ABIDJAN (ABJ) 2003 Cot* D'lvolre 19/03 m/m cosco smart river
      20,023 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        794 37 Vessel Voy No Berth Arrival Departure B«*op I 0299 'j02 alongsKJe 06.03/2300 Bt kntki lUr *****9 JOI alongside 06.03/2200 «L*»tari I *****9 JOI alongside 06.03/2300 it Mm Gt6 S7 *****9 J01 alongside 09.03/0400 Bt Putra Ban 0)0399 J01 alongside 09.03/0100 01 JOS alongside 10.03/0600 6 Eipress 301/99 J12
        794 words
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        CONTAINER SCHEDULES
        1871 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From Act Contr AE901S W/1000 IA 06/1500 06/1659 06/7900 II 06/1500 08/1659 08/7900 2A 01/1700 09/0659 09/0900 2t 08/1700 09/0659 09/0900 09/0700 09/1159 09/1400 4 09/1200 09/1459 09/1700 hjh o» n/ooo
        1,871 words
      • Article
        GLOBAL HOLIDAYS
        217 37 Mar 17 Ireland Republic of: St Patrick's Day. United Kingdom: St Patrick's Day. Mar 22 Japan: Vernal Equinox Day. Mar 28 Greece: Independence Day. Mar 28 Brunei: Hari Raya Haji. Indonesia: Hari Raya Haji. Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Mar 29 Taiwan: Youth Day. Apr
        217 words
      • Article
        COCKETT BUNKER MARKET REPORT
        768 37 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem. Market movements are indicated. The Cocken Bunker Price Index change and
        768 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        507 37 Carbon 180 Mai 996.1 1.0 18.8 0.09 52 0.07 Mar 4 Density Water Residue Ask Aluminium Sediment No *bo*t £25 3 0 20 0 0 0 380 Ave 985.6 OJ RO 0.06 31 0.02 tin. 380 Mm 994.9 0.7 19.4 0.09 65 0.07 M/M'3 M/M %M/M
        507 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon PAL may resume paying some debts by next month
        415 38 Airline will use its operating income; seeks fresh capital infnsion of USs2oom Reuters [MANILA] Cash-strapped Philippine Airlines Inc (PAL) may resume paying some of its debts by April using its operating income, its chief adviser said yesterday. "From operating revenues, we
        Reuters  -  415 words
      • Article
        Lock icon Air France crash: faulty nose wheel possible cause
        295 38 Reuters [MADRAS] India's top aviation official said on Sunday a faulty nose wheel may have led to the crash landing and fire that destroyed an Air France Boeing 747-200 cargo plane at Madras airport on Friday. "Preliminary examination and the marks on
        Reuters  -  295 words
      • Article
        Lock icon Air Lanka, Garuda aircraft in near miss over India
        314 38 Air Lankan pilot alerted to impending collision by plane's warning system AFP [COLOMBO] Aircraft from the national carriers of Sri Lanka and Indonesia were involved in a "near miss" while flying over Indian airspace, an airline spokesman here said. A spokesman
        AFP  -  314 words
      • Article
        Lock icon Lufthansa stresses 1999 will be tough
        235 38 Reuters [FRANKFURT] German airline Lufthansa AG said that it had started 1999 well, but repeated its prediction of a difficult year due to difficult economic conditions and rising competition. Lufthansa's passenger numbers in January rose 9.4 per cent and its passenger load factor rose
        Reuters  -  235 words
      • Article, Illustration
        Lock icon Snow snuffs out 80 Northwest flights
        50 38 [DETROIT AIRPORT] A snow plow driver waits for a plane to take off at Detroit Metropolitan Airport in Romulus, Michigan. Northwest Airlines cancelled 80 of its 400 flights out of the airport due to snow. The Detroit area received 25cm of snow overnight. AFP
        AFP  -  50 words
      • Article
        Lock icon Sri Lanka to revise Air Navigation Act
        194 38 Reuters [COLOMBO] Sri Lanka plans to revamp its Air Navigation Act to create an autonomous Civil Aviation Authority (CAO) to meet international aviation standards, the Sunday Times newspaper reported. It said reforms to the Air Navigation Act would include regulating travel agents, compensation
        Reuters  -  194 words
      • Article
        Lock icon American Air pilots union faces third lawsuit
        297 38 Bloomberg [FORT WORTH, Texas] AMR Corp's American Airlines pilots union faces a third lawsuit by passengers stranded last month when the No 2 carrier cancelled 6,600 flights because members called in sick in a pay dispute. The suit, filed in Texas state court
        Bloomberg  -  297 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1601 38 CITY FU6HT n* FU6HT CTO $***** 0935 IH6373 2355 MM IAT381 1930 8A7382 2050 UJ778 \l\l 0F81 1930 0F82 2050 K***** 1650 LH779 2359 AN8229 2230 *****5 1650 N245T9 2359 L M6380 2230 M73M 1840 *****6 2359 $0229 2230 yt «0 1 1 Amsttrtem KLS43 0540
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      26 25 Japan Airlines: Hying into ayaknzadond Top shareholder in airline cites fear of gangsters who have muscled in for wanting to sell his 4% stake. Page 2
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      284 25 I BULLETIN BOARD Felix Herrnberqer (right) has been appointed president of BMW Asia, based in Singapore. BMW Asia is responsible for all markets in Asia except Japan, Thailand and South Korea. Mike Jordan has been named executive chairman of Canada Maritime. Previously chief of Canada Maritime, he reports to Ray
      284 words
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      Page 25 Advertisements Column 3
      164 25 PAL may resume paying some debts by next month Airline will use its operating income; seeks fresh capital infusion of USs2oom. Back Page SPECIAL FEATURE AIR RAIL* SHIPPING TIMES •14 APRIL 1999 KEEP YOUR BUSINESS In conjunction with Inter Airport Asia and Exporail Asia 99, Shipping Times, the exhibitions' official
      164 words
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      782 26 R-1 NORTH AMmtGA 1 1 QiHJF/INDIAN SUB-CONTINENT [SUPER SHUTTLE EXPRESS i~~| IOUtF KARACHI EXPRESS (QKX) vissa voyage id |—ST~ vessel vor jea mm mm I mo |km Icm Ikg sm OOCI AMERICA 32W501 14/01 14/03 PtO NEDUOYD DAMMAM 43C 14/01 14/01 24/01 24/01 05/03 04/03 13/03 14/03 OOCL CALIFORNIA 34W504
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      Page 26 Advertisements Column 2
      730 26 Lines services represented by Members tf>e Registry of Accredited Shipping Agents. V'i'y Singapore Shipping Association Members of the Singapore Freight Forwarders Association SEMBAWANG KIMTRANS (S) PTE LTD CONVENTIONAL SERVICES r-— SINGAPORE to BATAM, BINTAN, KARIMUN y SINGAPORE to BANGKA ISLAND .|(|l SINGAPORE to OLEGON SAMARINDA/BALJKPAPAH/BANJARMASIN TO SINGAPORE MANILAAUBIC BAYAUZON TO
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      1222 27 I SAX SERVKE (DIRECT) vcsa voYswratAX oak pai hou oi ax mem <n nyc AfUWQBOjg 0231 09/03 25/03 30/03 30/03 31/03 30/03 31/03 31/03 01/04 01/04 AHSABPOHYX 0101 17/03 01/04 06/04 06/04 07/04 ~WO4~ 00/04 OS/04 09/04 09/04 AftTOUKMAUHE 0241 14/03 00/04 13/04 13/04 14/04 13/04 14/04 14/03 15/03 15/03
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      Page 27 Advertisements Column 2
      2069 27 <g) HANJIN SHIPPING ik PI U LMEdplw -Wm 37*0730 HANJIN SHIPPING (S) PTI LTD Wnp Imp on I00«I»C *****35 737 SAUS 37*0274 731 DOCUMOT 33*0371 774 OKUTWK *****50 751 MAIM UNI *****55 FAX 777WM CI NO **********0 M TO NW USA CANADA USA CANADA* HMVtt/VOY MM MM UM HAUL/VOY I
      2,069 words
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      Page 27 Advertisements Column 3
      334 27 KMTC provides LCI consolidation to Korea, Japan Outports China on every WEDNESDAY, FRIDAY. For enquiry, please contact us. Tel: 220 8558 *0-t* M: *****51 Pm*« Mm SU*ta| Afndts 5* 0W IMot SWpptaf AfMdn FN IN. N* *****14/W***** (W) 03-75*7530 (tax) 03-*****42 Ild a** 1700.I 700 74 080 Nmf (U) 04-*****00
      334 words
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      1620 28 DSR-SENATOR UNES TO UK/CONTINENT TOMEDrTERRANEAN/CANADA VOY i SIM lUH I BTW IMW WW BWV FLX VfSSfL IvOT SW Gff Oft FOS W.C MTU HANJIN PORTLANO WN9I3 tl 03 2( 03 nO3 20 03 3*13 31 03 0104 PACIFIC St NATOfI WMII3 1103 2103 30 01 01 04 03 04 11
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      Page 28 Advertisements Column 2
      1001 28 m. AM MAu-NcLS S PORE M'SIA Carrlm MM CONTR LINES, INC p. guoancl (ot) *****26 I |W\ lon NOi laoosrsooooa S1BU: (064)****** MAMUL-(632) *****24 V w PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELAMG: (03) *****77 JKT. (21) *****07 MOW: (61) *****3 KUCHIWQ (062) *****1-3 BARCELONA MV
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      591 28 LINE ST TIL: *****56 PAX: *****12 MUARA LABUAN vessel voy tm n* vissa voy m> eta stoke MUARA SPORI IN CARAKA JN337 VOSI/99 SaM 11/03 CARAKA JN337 VOSI/99 SaM 14/03 J PROVE* VO4I/99 SoU 11/03 JPROSFH VOSI/99 14/03 »/03 J PROSPER VOSI/99 16/03 19/03 CARARA R133? Ott/99 19/03 13/03 CARAKA
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      1264 29 VESSEL VOY SIN PKQ PEN PQ6 PUB DAM SHJ 1 BA BIK IRAN BABAEI PJLI333 08/03 17/03 18/03 19/03 21/03 23/03 IRAN TAKHTI PJLI337 15/03 24/03 2S/03 26/03 28/03 30/03 IRAN LORESTAN PJLI33B 22/03 31/03 01/04 02/04 04/04 08/04 IRAN TABATABAEI PJLI339 29/03 07/04 08/04 09/04 11/04 13/04 [IRAN TEVFOURI
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      2759 29 JiifMl" VOOI3W (ETA SIN 1 3 Nil ft), Cofco USA East-Coast I All-WaUr Mrvid will call it I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) COSTAR SHIPPING PTE LTD #i7-os dbs blog saies/ikgs 420s«s;/60 inward dipt (O/O) *****85 COSTAR AGENCIES (AA) SDN BHD CBNO:
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      1328 30 EUROPEAJK/SCANDIWAVIA/FINLAWO/RUSBIA SGP ROM ANW HB6 THP ZEE LHV LHV THP ROM ANW HBG PKL SGP E DECENT RW 008 14,U3 02/04 87*4 03/04 06*4 06/04 07*4 E. REFINE RE-018 11/02 13/02 12/02 14/02 16/02 11/63 12/03 E DIAMOND RW-004 21/63 06AM 13/04 09AM 11/64 12AM 13/04 E REACH RE 022
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      1082 30 n ADVANCE CONTAINER UNES (PTE) LTD ZA I .1 TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL FOR BOOKINGS PLEASC CALL: *****22 SAIiS A MARKETING *****2128 OPERATIONS: *****81 V *****05 CR NO. **********0E lAWOKOK I S»Att JAKARTA •(7 Irtftf/Wwfc) Vtssa I VOY I «N BKK VtSSa I VOY l gN
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      458 30 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VOY Si PUI DUt JNt CPT >Q HAMTAI QUEEN VO33S 13/03 77/03 24/03 7f/tt3 30/D3 02/04 NANTAI DRAGOW VOI2S 23/03 "02/DT 06/04 "w/oT 10/04 NANTAI YBWS V.033S 03/04 12/04 lj/04 l»/04 70/04 601DBI DRAGON YOIIS 14/04 23/04 2»/04 01/02 02/02
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      497 31 BSfl -k M MYANMA pBBk FIVE STAR LINE (Myanmar National Lint) 1 loading for Tango* (Rangoon) VISSEI VOY SIN PKI PtM PGU MfRGUI VISI SU> MAWUMYINE VI7W SU MAIAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL TU (03)*****00 PKI: TEI (03) *****01 PEN: HI (04)2****** PGU: Til (07) *****21/4 BANK LINE (A
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      1286 31 HMk HYUNDAI MERCHANT MARINE CO., LTD. IVESSB VOY SM SOU LBI RTM ANT I HAM IWV I FB. IVBSa VOY SOU I 184 I HTM I AWT I MAMI ITV I Fa |SM 1 HY BARON 318W 11/03 29/03 03/04 31/03 01/04 Ml MB 0071 19/02 20/02 14/02 16/02 10/03
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      1165 31 norwegion specialised outocomers (u§)§(°}(S Wilhelmsen Lines TO NORTH AND LATIN AMERICA *«0«0 ""VYUR StRVICE' I VESSEL VOY RAMP HEIGHT SIN LAX CRI MIA SAV BAL ORE NYC NEW MM TOBA F906 4001 ms 6.3 M fo/ol" 10/04 WO4 ***** 24/04 26/04 27/04 29/04 03/05 06/05 TARONGA E907 4001 ms 6.3
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      697 32 BANGKOK/ MAP TA PHUT/ LAIM CHABANQ JAKARTA/PAN J A NO VESSEL VQY sin~| tJKK MTPj LCH~~ VESSEL VOY SIN JKT I PJN DAWU BHUM 32N In Pt 13/03 12/03 ANRO GOWA' 075 In Pt 13/03 NANTA BHUM 436N 10/03 13/03 14/03 GURU BHUM 120S 10/03 14/03 KOTA HATHA RNAO97 10/03
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      544 32 INDONESIA NATIONAL LINE TO AUSTRALIA j FULL COWTAjWER SERVICE El xm HI w at it m fb ftowawsiM* its n/MH/M ti/M H/« nm n/w oAm tmmmmi ns u/mt/« n/« w/w w/04 »i/m oiwarr lis »/mv/m 04/ x w/x n/x is/w ii/x tnamuo [ik »i/o*p/w i4/»«| i»/o« i»/— |M/W1 FEEDER SERVICE
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      874 32 WOY_ MN PKL JED MLA LEH RTM MAM ZEE SOT VWJjE PE ANTARES L3QW 11/D3 14W 21AP 2&03 01AH 02/04 04/04 OVO4 07/04 \jLLEOE VIRGO S3CW 10/03 17/03 25/03 30/03 OSAM 0&/04 08/04 WO4 11/04 VW-L£ DEVELA N3o¥l 24/03 02/04 Q7AX 14/04 15/04 17/04 18/04 VH-LE 06 SHANGHAI H3OVV 30M3
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      53 33 Dial 740-6000 OFI G€VTI3nU .f••;. (Retrieve more schedules!) s j© Press "1" I r JfcV Select the port and key in 4 the four digit code eg: To New York (NYQ 2275 sj£) Key in your fax number your phone number Another innovetlve service offered by The document Will be
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      54 35 VaTal STHfcTfc Dial 740-6000 on demand —(Retrieve more schedules!) Press u n --JE\ Select the port and key in S'Bbl the four digit code eg: To New York (NYC) 2275 s i£) Key in your fax number your phone number Another innovative service offered by The dOCUfTient Will be Shipping
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      148 36 N I FREE Reader Enquiry Service s-c cut out and Fax to 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) rn 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
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  • Page 37 Miscellaneous
    • Miscellaneous
      Page 37 Miscellaneous Column 1
      135 37 LEGEND R Thunderstorm Temperature o c X\ V Shower Weather Wind direction with speed n knots Rom vJ Cloudy Sky Wov h "9 M Surfoce winds ore indicoted by arrows which tty with the wind 0 One fufl circle represents colm or light and variable winds J__ One holt tleche
      135 words
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      123 38 -BU SINE S SCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. j Cali 740-6000 Press M 1" key in Document Code Key in fax number Enter your phone number SFFA Sea SrEnl Transport Course ILL KNOW THE ESSENTIALS OF CARRIAGE OF
      123 words