The Business Times, 19 March 1999

Microfilm: NL21391
Total Pages: 56
1 56 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 85c SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, MARCH 19, 1999
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  • Article
    MARKET SUMMARY
    58 1 □m MMJ7 (-4.09) nmu |y| 597.20 (-3.29) nsaeaiTTTUJUS Mmjo (-1.20) niUBTIOOft IflHai Thursday Change KL8EC0MP |HlS4 4149 NIKKEI 11,71?* -HO. 19 HANG SENG 19jKMJ_.J8l.75 SET INDEX _«tll JAKARTA COUP Ckm4 MANILA COUP -JJOiM *4\M TAIPEI WPI JPMl-->l«7J4 SEOUL OOMP -4T&96 -JL§4 CLSA CHINA B __477M. >J148 AUSTALLORD JJI7.7
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  • Article
    FINANCE
    69 1 mi ■mm USS St 081 L7M £(US*8tper£) UN 1811 EUROfUSS/SfpvE) LtM LW4 Wl L771 U71 YEN liU UK* RM SL7M MM HKS 7.7S# MS BAlfT S7M IjW ■JPIAH U» *sttommrn FIDOS BATES SINGAPORE* UK KUALA LUMPU1 11.50 JAKARTA BANGKOK 14.71 MANILA 22.M BONGKDNG ItJi TAIPEI 8M SYDNEY A46 tokyo
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  • Article, Illustration
    UIC bottom-line dive breaches a term of HKR-Salim deal
    823 1  -  Subsidiary Sing Land books $lb asset writedowns By] Lee Han Shih [SINGAPORE] United Industrial Corp yesterday reported a big fall in bottom-line earnings that breaches a condition of the sale of Salim group's UIC stake to HKR International, while subsidiary Singapore
    823 words
  • Article
    S'pore Power to divest 2 power companies in 2001
    613 1  -  Divestment is worth about $3b; SP listing plan unchanged Audrey Tan [SINGAPORE] Singapore Power (SP) will divest its two power generation companies PowerSeraya and PowerSenoko in the year 2001 in preparation for the next phase of the restructuring of the electricity
    613 words
  • Article, Illustration
    MAS considers bank holiday to keep Y2K bug at bay
    557 1  -  Dec 31-Jan 4 closure will help bat may send wrong signal Ry\ Siow Li Sen [SINGAPORE] The Monetary Authority of Singapore (MAS) is considering letting the millennium bug have an extended holiday from Dec 31 to Jan 4 to keep
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  • Article
    DBS Bank secures over 75% of Kwong On shares
    473 1  -  It may privatise HE bank if acceptances exceed 90%: sources From Quak Hiang Whai in Hongkong DBS Bank has secured more than 75 per cent of the shares in Hongkong-listed Kwong On Bank under a general takeover offer, which means it
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      115 1 IMWIMI FOCSrUkkant First Capital Corporation yesterday announced losses of H7.79m for the halfyear ended Dec 31, 1986, I*lo Home alone. That's the case for the only tenant of the otherwise unoccupied, 10-storey Chambery Mansions in prime Sarkies Road, NH* hfllp rhina is ffHtfjHflring handing over management of part of its
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      4 1 Parliament reports, Pg 3
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      25 1 Prime Brents head down Fall report, EMM "r V J 1 jj/Tf f J¥r n t Paradise is never far away •< with Asia Miles. < x
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  • SINGAPORE AT HOME & ABROAD
    • Article
      MAS move to boost boutique fund management hailed
      556 2  -  It tips competition but will be good for industry in long run, say asset managers By' Ven Sreenivasan THE local fund management industry has welcomed the Monetary Authority of Singapore's latest series of measures to boost the boutique fund management sector. Asset
      556 words
    • Article, Illustration
      Lock icon Feb outgoing call volume falls 0.8%
      287 2  -  ETE ON THE ECONOMY Industry By' Teh Hooi Ling OUTGOING international call minutes fell by a marginal 0.8 per cent year-on-year in February, latest figures from Singapore Telecom show. Last month, 60.83 million minutes of international calls were made from Singapore, compared with 61.3
      Source: Bridge  -  287 words
    • Article, Illustration
      Lock icon Isetan going down-market
      482 2  -  Store adding more house brands to its merchandise mix to improve margins Rahita Elias LISTED Isetan (Singapore), which wm flfllllaiiy open its new Mango boutique at Shaw Centre today, is going downmarket and introducing more house brands into its merchandise mix to improve margins. As it is
      SIEW YAW HOONG  -  482 words
    • Article
      More execs turning to union for help
      258 2 AN increasing number of executives are seeking union assistance in the areas of employability, upgrading and training, says National Trades Union Congress (NTUC) assistant secretarygeneral Heng Chee How. He said at a press briefing yesterday that with the economic crisis, NTUC has received
      258 words
    • Article
      A virtual exhibition to be launched on the Web
      234 2 SINGAPORE Exhibition Services (SES) is moving into ebusiness by launching Asia's first virtual exhibition on broadband. Called VRcomms, the project is aimed at the communications industry. Participating companies will be able to showcase their wares and services at the Web site
      234 words
    • Article, Illustration
      Lock icon Prime Chambery Mansions finds no takers at auction
      560 4  -  Only nine of JLL's 40 mortgagee sale properties hammered down By i Corinne Kerk HOME alone. That's the case for the only tenant of the otherwise unoccupied, 10-storey Chambery Mansions in prime Sarkies Road. With 17 empty apartments and three penthouses for
      SIEW YAW HOONG  -  560 words
    • Article
      OCBC too drops first-year housing loan rate to 4.25%
      335 4  -  It cites its peg to prime in later years as an advantage By Clarissa Tan OCBC Bank has been drawn once again into the housing loan battle, pushing its firstyear promotional rate for mortgages down to a fixed rate of 4.25
      335 words
    • Article
      Lower prices at relaunch of Kim Yam Heights
      241 4 BONVESTS Holdings is relaunching its Kim Yam Heights property project in River Valley at prices which are marked down from the original average of $1,100 per square foot. General manager Bay Lin Pin told BT yesterday that the relaunch is slated for
      241 words
    • Article, Illustration
      Two Tronoh Rd blocks to fall under HDB en bloc scheme
      308 4 TWO blocks of 32-year-old Housing and Development Board (HDB) flats just off Lavender Street have been earmarked for redevelopment under the government's Selective En Bloc Redevelopment Scheme (Sers), Minister for Manpower Lee Boon Yang, said last night. The site
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    • NEWS Roundup
      • Article
        Dr Hu in Hanoi for Assean meeting
        43 4 FINANCE Minister Richard Hu left for Hanoi, Vietnam yesterday for the third Asean Finance Ministers' Meeting, which wffl address the latest economic and financial developments in the regkm and the restructuring of the international financial architecture.
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      • Article
        BG Yeo in Net 'live chat' tomorrow
        83 4 MINISTER for Information and the Arts George Yeo will hold a "live chat" via the Internet tomorrow between 10am and llamon the topic "Surviving the Asian Crisis and Prospering in the New Economy" at cgi.pacific.net.sg/community/netchat Following the chat, he will officially open the
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      208 2 I call lain Crichton in Singapore from 18th to 27th March at The Marriott Hotel. I I Tel: 735 MOO H phone: 9791 7444 Email: tcrichtonecapital-let.co.uk I I Capital Solutions A Letting Management Service with all the right answers for Singapore Investors. I Q'- What's Capital's fee for Letting Management?
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      283 2 IN THE MATTER OF THE COMPANIES ACT, CAP. *0 AND K S TAN MVESTMENTS PTE LTD MEMBERS' VOLUNTARY LKXNOATON At an Extraordinary General Meebng oI the abovenamed Company convanad and hald at 141 Middle Road #05-03, GSM Building. Singapore *****6 on 16 March 1999, the following resolutions were duly passed
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      75 2 8S! X -X f It's easy. I'll just find it in The Straits Times Classified. r^Vf Dad does it all the time. He changes cars as often as |cata| I I change my toy cars. B*iLSsaiLMit. I The secret of success Taking the right course, of course. Study the wide
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  • PARLIAMENT
    • Article, Illustration
      Lock icon Govt banks on $250m bets from football pools
      405 3  -  With 20% tax on pools' profits, betting may be extended to other sports By] Marissa Chew THE government expects the public to wager a total of $250 million on football games each year when Singapore's legalised football betting game kicks off at
      FILE PHOTO  -  405 words
    • Article
      Poly, ITE programmes being reviewed, MPs told
      311 3  -  96%ofITEgradsgot job offers within 3 months Peter Chen By, Audrey Tan POLYTECHNICS and Institutes of Technical Education (ITEs) have started to review their curriculum and programmes, to prepare students for the knowledge-based economy. Senior Minister of State for Education Peter Chen told Parliament
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      329 3 THE WORLD S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS 'I Incorporation Fees from USSSOO j BAHAMAS JERSEY I m BRITISH VIRGIN MAURITIUS ISLANDS m m SEYCHELLES JMft CAYMAN ISLANDS SAMOA 9 IRELAND V < IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SUPERESS
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      15 3 TtaEBUBNEBSTIMES Shipping times Bdajn a week I v '< V v i'- 1 Vj- I CHANEL
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      108 4 CATS. Buy It. Sell It. Find It. V Catch up with all these? f The Straits Times wwin Y*nrnnw s i provides you a crisp summary of every week's major news break reported in The Straits Times about Singapore and Asean. Covering news from local politics, business, to general interest
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      39 4 Loan nonoearioM a gimmick?, Pg EM 12 Providing A 1 cool comfort 1 c«rr no 97-MTV I for commerical JJIL. and industrial Incenatxxui Plaza Spore *****3 Mill— Fax: 224 8358 buildings, E^hpc H r*c r tww^xocn.i| Wrtwte at l*«p^wwwJ*ach*itanU^
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      1855 5 The Sime Darby Group INTERIM RESULTS FOR THE HALF-YEAR ENDED 31 ST DECEMBER 1998 Sime Darby Berhad r f (Company No. *****-M) N. Unaudited results of the Group for the half-year ended 31st December 1998 The Plantations division benefited from the higher palm oil prices which averaged. RM2.287 per tonne
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Asian bourses near end of tunnel: analyst
      347 6  -  SINGAPORE They are not likely to be spooked by any Wall Street problems By\ Siow Li Sen ASIAN markets have almost turned the corner and are not likely to be derailed by hiccups, if any, on Wall Street, said a technical analyst with
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    • Article, Illustration
      Lock icon Japan mulls expanding Miyazawa plan to others
      512 6 HANOI Sakakibara suggests similar new scheme bnt stops short of pledging new funds AFP JAPAN said yesterday it would consider expanding assistance to other Asian countries currently outside a US$35 billion (5560.3 billion) aid package, but stopped short of pledging new fUnds. Japanese
      AFP; FILE PHOTO  -  512 words
    • Article
      Lock icon Japan's suicides hit record high amid recession
      213 6 TOKYO AFP JAPANESE people committed suicide in record numbers last year, officials said yesterday, partly because of despair fuelled by the deepest recession since World War n. Figures released by the health and welfare ministry showed the number of people who killed themselves
      AFP  -  213 words
    • Article
      Thai market-opening moves face opposition
      596 6  -  But new foreign investment law's still likely to be passed next week Reports from Harish Mehta in Bangkok THE Thai government is feeing yet another challenge to its legislative reform drive from opposition parties and powerful vested interests who are blocking an amendment of a
      596 words
    • Article
      Moody's gives Thai economy a positive report
      310 6 THE threat of Thailand Imposing a moratorium on its external debt has receded, but the restructuring and recapitalisation of the country's financial system is incomplete, US credit eatings agency Moody's Investors Service said yesterday. Giving a positive assessment of Thailand's economy, Moody's said
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      69 6 *H <■ *H >H H ■Rv;^spT'^ L j jgfc jjy -M l>m .,.aftM HBiߣs. •.-!.;CSft(?;r?.- »jAifH^^wnH 'Tfianir™ Mfjpyt-:.:,- wwsSi*«tti:'>.'---' •;>•. v• •-a:*-■ il I jii i fSffnPiß -tMBI ■gyfiivwi. •->»'• '•'niiPifilittit?tf *tflr; H i Th ?y°y a 9 e Soft-Attache Weekend Case is made of lightweight f n 4 wroble
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon M'sian troops to kill 64,000 pigs to fight virus
      471 7 JAPANESE ENCEPHALITIS VIRUS OUTBREAK Up to 51 people may have succumbed to the disease: unconfirmed reports Reuters [KUALA LUMPUR] Malaysian armed forces will have killed 64,000 pigs by this weekend to fight a deadly virus said to have caused the deaths
      Reuters; AFP  -  471 words
    • Article
      Lock icon Silent stalker sends villagers fleeing for their lives
      389 7 Farmers rained and angry; residents want region declared a disaster area Reuters [SUNGAINIPAH, Negri Sembilanj Once a thriving farming community, Sungai Nipah is now a ghost town. Houses are sealed up and abandoned. Grocery stores, restaurants and shops are shut, schools are
      Reuters  -  389 words
    • Article
      Lock icon One dead, 25 houses burned in Riau clash
      100 7 JAKARTA Reuters ONE man died and 25 houses were torched during a clash between migrants and local villagers in Indonesia's province of Riau, the official Antara news agency reported yesterday. The clash broke out late on Wednesday in the town of Dalu-Dalu
      Reuters  -  100 words
    • Article
      Lock icon S'pore suspends more M'sian pig imports
      178 7 SINGAPORE Reuters SINGAPORE escalated a suspension of pig imports yesterday to include Malaysian farms located north of Johor state due to the outbreak of a deadly virus. "With jpimediate effect PPD (Primary Production Department) will suspend the import of pigs from West Malaysian farms
      Reuters  -  178 words
    • Article, Illustration
      Lock icon M'sia plans diplomatic enclave outside KL
      311 8 KUALA LUMPUR 80-hectare site earmarked in new govt administrative centre AFP MALAYSIA yesterday unveiled plans to integrate the diplomatic community in a new US$B billion (5513.8 billion) government administrative centre outside the capital Kuala Lumpur. An 80-hectare site has been earmarked for the diplomatic
      AFP  -  311 words
    • Article
      Lock icon Tarrin-Supachai rift unnerves foreign investors
      455 8 BANGKOK Split between twe Thai economic gnrns over rescue policies Reuters SOME caU it a storm in a teacup, others label it a clash of two giant political egos. But most political analysts agre4 that Finance Minister Tarrin Nimmanahaeminda is set to win a widening
      Reuters  -  455 words
    • Article
      Lock icon Myanmar reluctant to allow mercy visit
      280 8 YANGON Govt tries to got AnngSanSnnKyito travel to UK instead to see dying husband AFP MYANMAR yesterday said it was reluctant to let Aung San Suu Kyi's cancer-stricken husband visit her, but tried to goad the Nobel laureate into flying to his sick-bed despite
      AFP  -  280 words
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      295 7 X B L Market Intelligence Vul the architects of rime he-sent Millennium 2000 at Marina South W w w V. V \nd I he Singapore Millennium Clock new laee in tune is read\ to stand ia!l. lie one ol the lust to see Singapore's most oiitsiaiulm-j pemianeni laiulmark. Ihe "SilliiapOlV
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      201 8 Intelligence Inspiration. T You can measure speed, weight, distance. But how do you measure beauty? ■k k Wk nlM^^"'r f ™m\ I Fes Jfc -j -in»j^^v3^^^^[^BlßPßHKßwC^^3E3S3M^Bß^^^^^^^^^^BM^^BM^^BßlujMl^23FSß^^p^ffMrwyL3Ey^Bp^BKKi^fcM^jffP 4Blp]fit'BHßP^hjHFr^ **>• V*4 i. j *Ss«Lfffe»,f*.i££ g^. y'. Tr*.. <—- i mwxa They say that beauty is in the eye of the beholder. expect
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China may let foreign banks manage part of forex reserves
      392 9 SHANGHAI It's started trial allocation to test external fond management FT CHINA is considering handing over management of part "Mlts U*****.5 billion (*****.5 billion) foreign exchange reserves to international banks and fund managers. The State Administration of Foreign Exchange, or
      FT  -  392 words
    • Article
      Lock icon China aims to boost machinery, electronics exports
      241 9 BEIJING These items seen forming 35% of total exports in 2000 Reuters CHINA plans to export machinery and electronics products worth US$7l.5 billion (*****.5 billion) this year, 7.5 per cent more than last year, the China Securities newspaper said yesterday. China's target was
      Reuters  -  241 words
    • Article, Illustration
      Lock icon Stability of yuan rests on solid base, says Jiang
      394 9 Economy set to grow by 7.8% this year, the same as in 1998 AFP AFX-Asia, [MILAN] China's President Jiang Zemin said that the yuan exchange rate is solid and not artificially overvalued and that the country expects its economy this year
      AFP; AFX-Asia,; FILE PHOTO  -  394 words
    • Article
      Lock icon Taiwan cabinet passes banking amendments
      193 9 TAIPEI Bridge News TAIWAN'S Cabinet passed amendments to the banking law Wednesday and will submit the revisions to the nation's legislature for final approval very soon, the Ministry of Finance said. The amendments include adjusting an individual's maximum shareholding in a bank, tightening the total
      Bridge News  -  193 words
    • Article
      Lock icon News Corp sees great potential to expand in China
      246 10 BEIJING Bering rep office a coup for the onceblacklisted company AFP RUPERT Murdoch's News Corp has indicated it is poised to expand in China in a big way following its opening of a representative office in Beijing yesterday. "Developments in the
      AFP  -  246 words
    • Article
      Lock icon Chinese envoy to visit Taiwan to boost ties
      179 10 TAIPEI AFP CHINA'S top envoy handling cross-straits ties, Wang Daohan, will make an unprecedented visit to bitter rival Taiwan in the autumn to help improve bilateral ties, negotiators from the two sides said yesterday. "We proposed that Mr Wang visit Taiwan in
      AFP  -  179 words
    • Article
      Lock icon Beijing issues reform orders to loss-making state firms
      347 10 SHANGHAI Firms to pare surplus workers, cnt costs, boost profits before 2001 AFP BEIJING has ordered its lossmaking state-owned enterprises to shape up and be profitable by the end of next year, the Shanghai Securities News reported yesterday. The orders, in the
      AFP  -  347 words
    • Article, Illustration
      Lock icon Banking an wheels
      56 10 [BEIJING] Two security guards keeping watch as a man withdrew money at a mobile banking facility parked outside a shopping mall in central Beijing yesterday. The spectre of a possible yuan devaluation was put to rest this week as Chinese Premier Zhu Rongji reiterated his country's pledge
      AFP  -  56 words
    • Article
      Lock icon US missile shield worries China
      199 10 BEIJING Reuters CHINA expressed "serious concern" yesterday over a US Senate decision to deploy a national missile defence shield, fearing similar technology could be used to forge a defence umbrella in Asia. "Since the end of the Cold War, seeking development and peace has been
      Reuters  -  199 words
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      162 9 S-Class. —>~ i -tiSB r 1 4& J*'.' fc I^. f i, n t f <''-'?*&*'&£'% #'^J^O* Ik driving companion. Features like AlRmatic suspension and ESP which unlocks the door as soon as you grip the handle. (Both are itelligence is nothing without* help ensure stability and a smooth ride.
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      1400 10 I BOS PACIFIC carriers limited K(lncorporated in the Republic of Singapore) I The Directors of Pacific Carriers Limited wish to report as follows to shareholders:- H UNAUDITED RESULTS FOR THE YEAR ENDED 31ST DECEMBER 1998 I The Group The Company 7 Balance Sheet A» At 31 December 1998 The Group
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  • ASIA
    • Article, Illustration
      Lock icon Nikkei seen shooting for 18,000
      558 11  -  Nomura predicts pick-up in earnings, economy; yuan fears said to be misplaced By' Vikram Khanna (SINGAPORE] The Japanese stock market is poised to rise sharply and the Nikkei 225 Index could soar to 18,000 that is, by 15 per cent by the end of June,
      Sourca Btooitog  -  558 words
    • Article, Illustration
      Lock icon NZ's Moore closing in on Supachai in race to head WTO
      442 11 GENEVA Reuters THAILAND'S Deputy Prime Minister Supachai Panitchpakdi, long the front-runner in the contest to become the new head of the World Trade Organisation (WTO), was revealed on Wednesday to be facing a growing challenge from New Zealander Michael
      Reuters; FILE PHOTOS  -  442 words
    • Article
      Lock icon India pledges to track firms that vanish after IPOs
      521 11 NEW DELHI Absconding firms said to have doped investors of billions AFP INDIA'S government and its securities watchdog are trying to track down billions of dollars swindled from private investors by bogus companies that "vanished" after listing on the market. Government
      AFP  -  521 words
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      3353 12 ©DBS FINANCE (INCORPORATED IN THE REPUBLIC OF SINGAPORE) BALANCE SHEETS AS AT 31 DECEMBER 1998 Tha Company ThaGroup The Company t»- o^m> hast. I2SL M 1442 NoM lM iw7~ iia iw SI 000 SS'OOO SSOOO 88 000 SS'OOO SSOOO "—Sj ooc sjSC" SMARf CAPITAL Authorised 250.000,000 ordinary shares of Ssl
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  • THE WORLD
    • WORLD Watch
      • Article
        Lock icon ECB holds key rates unchanged
        125 13 Bloomberg [FRANKFURT] The European Central Bank left interest rates unchanged, resisting pressure for a cut, in a decision that was probably intended to support the euro, which has dropped 6 per cent against the dollar this year. The central bank for the 11-nation euro region
        Bloomberg  -  125 words
      • Article
        Lock icon Euro-11's smaller 1998 trade surplus
        80 13 AFP [BRUSSELS] The 11 countries of the euro zone had a trade surplus with the rest of the world of 82.7 billion euros (*****.4 billion) in 1908, six billion euros less than a surplus in 1997, the EU's statistics office Eurostat said yesterday. The 15
        AFP  -  80 words
      • Article
        Lock icon Don't cut funds for World Bank:Rubin
        85 13 Reuters [WASHINGTON] The US administration on Wednesday warned that diverting funds set aside for the World Bank and other international lenders to pay Ibr US spending could upset financial markets and hurt developing nations. Treasury Secretary Robert Rubin told lawmakers that cutting millions of
        Reuters  -  85 words
    • Article, Illustration
      Lock icon NYSE may add seats for first time since '53
      407 13 NEW YORK Officials moll splitting existing memberships into two or three seats Bloomberg THE New York Stock Exchange, which wants to expand its hours to boost trading in foreign shares, may expand the number of seats for the first time since
      Bloomberg; PILE PHOTO  -  407 words
    • Article
      Lock icon US trade deficit hits record US$17b in Jan, imports swell
      608 13 WASHINGTON Weak overseas markets hurt exports; CPI up just 0 J% in Feb Reuters, Bloomberg THE US trade deficit soared unexpectedly to a record U5516.99 billion (5529.3 billion) in January from U5514.06 billion in December as exports fell and imports
      Reuters,; Bloomberg  -  608 words
    • Article
      Lock icon German business confidence falls for surprise 9th month
      307 13 MUNICH Bloomberg, AFP GERMAN business confidence unexpectedly fell for the ninth consecutive month in February, as concern mounts that rising wages and slower economic growth will hurt company earnings. The Ifo research institute said its index of Western German business confidence fell
      Bloomberg,; AFP  -  307 words
    • Article
      Lock icon Strong US growth, low inflation to continue: Fed survey
      332 13 WASHINGTON Bloomberg THE US economy's run of strong growth and low inflation shows little sign of veering off track, the Federal Reserve's latest regional survey shows. The Fed cited rising consumer spending, higher vehicle sales, expanded manufacturing, gains in construction and
      Bloomberg  -  332 words
    • Article
      Lock icon Expectations of output cuts push oil prices to five-month high
      301 13 LONDON Bloomberg CRUDE oil jumped 4.5 per cent to a five-month high after Saudi Arabia told customers to expect less oil next month, raising expectations that producers will enforce their plan to cut output and end a glut. Producers' efforts
      Bloomberg  -  301 words
    • Article
      Lock icon US govt backs Intel antitrust settlement
      382 13 WASHINGTON neat makes key concession to Intel on injunctions Bloomberg INTEL Corp's settlement of charges that it used its power as the world's largest computer chipmaker to extract trade secrets from customers was formally approved by the US Federal Trade Commission. The FTC commissioners
      Bloomberg  -  382 words
    • Article, Illustration
      Lock icon Prodi's favourite for EC head among economists
      400 13 EU CRISIS Former Italian PM tops survey by huge margin Reuters, AFP [LONDON] Romano Prodi, the man who achieved the impossible by dragging Italy into the euro, is the financial markets' clear favourite as European Commission president, according to a Reuters poll of
      Reuters,; AFP  -  400 words
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      170 13 EU vaoatea the moral high ground, Pg 14 9 Buying Accounting Software I Demand a Y2K Certificate. I Do not take any chances! I There is hardly any time left. Ask your Financial Controller to upgrade to FACT Realtime H Accounting Software it comes with a Y2K Certificate your guarantee
      170 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      EU vacates the moral high ground
      756 14  -  THE BOTTOMLDVE OPINION By Shada Islam The writer is a Brussels-based journalist who contributes to BT TWO years ago, the European Union's executive commission watched with illconcealed amusement as Asia's oncerobust economies grappled with currency fluctuations and waning investor confidence. Now if s the
      756 words
    • Article
      IN OTHER WORDS
      126 14 'Are we going to spend tens of billions of dollars to defend against a single threat? The enemy will simply go around. We seem to want one simple silver bullet' Tom Harkis US senator, after the chamber approved legislation to field a system to defend the US
      126 words
    • Article
      Wheels of change on S'pore roads
      622 14 EDITORIAL THERE is little doubt that Singapore's vehicle quota system has worked weE The scheme where consumers bid for a certificate of entitlement (COE) to buy a new vehicle, introduced in 1990, has kept the annual vehicle growth rate at 3 percent In the
      622 words
    • Article, Illustration
      Lock icon Germany's dire straits
      1266 14  -  Europe's biggest economy has a government locked into the mindset that created the mess By] Martin Wolf FT OSKAR Lafontaine, Germany's former finance minister, had a gift for making enemies. He irritated the Americans by demanding exchangerate target zones; he infuriated the European Central Bank (ECB) by
      FT; FILE PHOTO  -  1,266 words
    • Article, Illustration
      Lock icon Monica is juicier than China spies
      544 14  -  By: Robert Reno Newsday SINCE 1967, there has been very little to stop the People's Republic of China from, if it wanted to, sailing a nuclear bomb into Los Angeles harbour on an innocent-looking Chinese junk. That's the problem with hopes that a juicy
      Newsday  -  544 words
    • Article
      WHAT THE OTHERS SAY
      321 14 MOoMVlctantlagMAto BY baulking at a reasonable peace plan and sending more combat forces into Kosovo, Serbian leader Slobodan Milosevic is pushing the United States and its Nato allies to the brink of military conflict in the Balkans. Unless Mr Milosevic retreats at the last minute, which
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  • COMPANIES & MARKETS
    • Article
      FCC posts $18m interim loss, expects tough H2
      459 15  -  Group makes $30m provisions for future losses in some units under development By: David Boey [SINGAPORE] First Capital Corporation (FCC) yesterday announced losses of $17.79 million for the half-year ended Dec 31,1998 and said it expects the remainder of the year to
      459 words
    • Article, Illustration
      Lock icon NOL sale hailed but debts a concern
      564 15  -  By Marcus Hand, Ven Sreenivasan [SINGAPORE] Neptune Orient Lines' sale of its North American stacktrain unit was greeted favourably by industry players, although financial analysts cautioned that a lot more would be needed to lighten its debt pile. Despite the group's announcement that
      Source Bloomberg  -  564 words
    • Article
      How May bank turned in those healthy figures
      764 15  -  HOCK LOCK SIEW Ruth Wong PORECASTING the results of banks has never been easy, more so since the current economic crisis has impaired their balance sheets. Banking analysts have to grapple with predicting the unpredictable the non-performing loans (NPLs) and provisions which
      764 words
    • Article, Illustration
      Hong Leong Finance profit falls to $53m
      754 15  -  Drop of 27%; S'pore Finance earnings down 5.5%; both shine on ROEs Conrad Raj [SINGAPORE] Hong Leong Finance, Singapore's largest Finance company, reported a 27 per cent drop in group net earnings to $53.22 million for last year, slightly under the average forecast
      754 words
    • COMPANIES
      • Article
        Provisions for two brokerages land MUI with RM439m loss
        446 16  -  RM5OBm provisions for Pengkalen Securities and Kimara Securities tYom Eddie Toh in Kuala Lumpur KHOO Kay Peng's Malayan United Industries (MUI), which wrested control of Pengkalen Holdings from the Tan family in a rare hostile takeover in 1996, has reported a
        446 words
      • Article
        DBS Land mill ride out the storm
        166 16  -  Wee Beng Sing Singapore PETER Leesinsky (BT, March 18) obviously has not followed the sterling performance of DBS Land over the past 10 years. In 1998. the company reported operating profits not withstanding many difficulties which affected other companies in the property business.
        166 words
      • Article
        Price pressure squashes Fu Yu net by 65% to $4.7m
        287 16 But plastic injection parts maker expects to stay profitable [SINGAPORE] Electronics plastic injection parts maker Fu Yu Manufacturing blamed severe price pressures for a "65 per cent tumble in net earnings to $4.68 million, from $13.23 million in 1997. Z
        287 words
      • COMPANY Briefs
        • Article
          DBS Land details provisions
          110 16 [SINGAPORE] DBS Land yesterday gave the breakdown for its provisions and writedowns for the 1998 fiscal year. The $425.1 million for exceptional items is made up of: provisions for Singapore residential properties ($58.6 million), provisions for landbank properties ($269.7 million), provisions for Hongkong residential properties ($68.3
          110 words
        • Article
          Huan Hsin net drops 34% to $12.6m
          110 16 [SINGAPORE] Huan Hsin Holdings posted a 34 per cent fall in full-year net profits to $12.6 million. Group turnover rose 10 per cent to $73.2 million. Huan Hsin's earnings per share dropped to 6.28 cents from 10.7 cents. The company declared a first
          110 words
        • Article
          Ace Dynamics net rises 20% to $810,000
          85 16 [SINGAPORE] Industrial products maker Ace Dynamics Ltd, formerly known as Causeway Investment, yesterday posted a 20 per cent rise in ftill-year net profit to $810,000. Turnover was 33 per cent lower at $22.4 million. Diluted earnings per share were 0.97 cent, up from
          85 words
        • Article
          CSA unit profit up 10% to HK$40m
          54 16 {SINGAPORE] Automated Systems Holdings, a subsidiary of CSA Holdings, saw its full-year after-tax profit climb lu per cent to HK$4O.lB million (SSB.9 million) for 1998. Turnover, meanwhile, rose 13 per cent to HK5604.8 million. Automated Systems was incorporated in Bermuda as an exempted
          54 words
        • Article
          Ingram on ERL offer
          112 16 [SINGAPORE] Ingram Micro Singapore yesterday said it had given notice of the close of its unconditional takeover offer for Electronic Resources Ltd (ERL) to shareholders who had not accepted the offer. Its offer for ERL closed a month ago, with Ingram netting 95.1 per cent of
          112 words
      • Article
        Sing Investments net profit shrinks 36%
        206 16 [SINGAPORE] Sing Investments Finance yesterday reported a 36 per cent slide in net profit to $3.29 million for 1998. Operating revenue, however, grew 4.5 per cent to $33.56 million. "In view of the continuing economic uncertainty in the Asian region, our group's business strategy
        206 words
      • Article
        $33m net profit for Pacific Carriers
        206 16 [SINGAPORE] Pacific Carriers Ltd (PCL) yesterday posted a 10 per cent fall in net profit to $33.07 million for 1998. The company, whose turnover rose 3 per cent to $116.95 million, said its lower profit was due to a slowdown in the shipping market.
        206 words
      • Article
        Remarks unfair to DBSL team
        153 16  -  LETTERS TO THE EDITOR Tan Yoke Khim Singapore I REFER to Peter Leesinsky's letter "DBS Land apology is not enough" published in BT yesterday. I think he is not only unkind but also unfair to the management. When DBS Land announced its annual results in
        153 words
      • Article
        KL securities watchdog slaps fines on 5 offenders
        389 16  -  From. Ruth Wong in Kuala Lumpur FOR the second time this year, the Securities Commission has flexed its compounding muscles slapping fines on two firms and three individuals that have breached the Securities Industry Act 1983. Yesterday, the SC said Smith Zain
        389 words
      • Article
        Ultro Technologies' interim net profit dips 3.8% to $2.3m
        226 16 [SINGAPORE] Electronic component distributor Ultro Technologies, which was just listed on the mainboard last October, yesterday reported a 3.8 per cent drop in interim after-tax earnings to $2.31 million. In its unaudited results for the six months ended Dec 31, 1998,
        226 words
      • Article, Illustration
        Lock icon NatSteel Broadway's 38% profit rise beats forecasts
        600 16  -  By, Jennifer Lien [SINGAPORE] Hongkongbased contract manufacturer Nat Steel Broadway Ltd (NBL) yesterday beat analysts' expectations with a 38.3 per cent profit jump to $24.2 million thanks to strong sales and the Hongkong dollar's appreciation against the Singapore unit. Analysts polled by Barra's
        FILE PHOTO  -  600 words
      • Article
        Cheung Kong Infrastructure rakes in HK$2.85b
        444 17  -  18% profit rise ahead of most Hang Seng component companies Frorrv Quak Hiang Whai in Hongkong VICTOR Li's Cheung Kong Infrastructure (CKI) continued to outperform most Hang Seng component companies as the Hongkong-listed group yesterday unveiled an 18 per cent jump in net profit.
        444 words
      • Article
        Citic Pacific net down 62% to HK$2.8b
        662 17  -  Losses at Cathay Pacific, slower property sales cited From. Loh Hui Yin in Hongkong CITIC Pacific*yesterday said that net profit last year slumped 62 per cent to HK$2.B billion (***** million) due to a lack of exceptional gains, losses at associate Cathay Pacific
        662 words
      • Article
        Sun Hung Kai Prop interim drops 20% to HK$4.7b as margins thin
        616 17  -  From Quak Hiang Whai in Hongkong SUN Hung Kai Properties (SHKP), Hongkong's largest property developer, yesterday said net profit for the six months to Dec 31 fell 20 per cent to HK54.72 billion (Ssl billion). With earnings per
        616 words
      • Article
        Lock icon Sime Darby defers merger of lyre units
        282 17 Reuters [KUALA LUMPUR] Malaysian conglomerate Sime Darby Bhd said yesterday it has deferred a plan to merge the businesses of its tyre units DMIB Bhd and Sime Tyres International (M) Sdn Bhd. Sime said in a statement to the Kuala Lumpur Stock Exchange:
        Reuters  -  282 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon IB J brokerage units to merge: report
        410 18 Deal would form Japan's No 4 house; New Japan, Wako deny sealing accord Bloomberg [TOKYO] New Japan Securities and Wako Securities are in merger talks to create what would be Japan's fourth-larg-est brokerage with nine trillion yen (SSI3I billion) in assets, the Yomiuri
        Bloomberg  -  410 words
      • Article
        Lock icon UK losses drag BMW earnings down 27.5%
        412 18 Bloomberg, AFP [MUNICH] Bayerische Motoren Werke AG (BMW), Germany's third-largest carmaker, said 1998 profit fell a more-than-expected 27.5 per cent as losses at its UK unit dragged down earnings. BMW said full-year earnings dropped to 903 million Deutschemarks (SSB79 million) in 1998 from
        Bloomberg,; AFP  -  412 words
      • Article, Illustration
        Lock icon Nissan chief admits mishandling debt
        370 18 AFP [TOKYO] The chairman of Japan's troubled Nissan Motor Co, which is in talks with France's Renault SA, admitted yesterday that his mishandling of heavy debts drove the firm into a desperate search for foreign help. "Up until a few years ago, the holding of
        AFP; AFP V  -  370 words
      • Article
        Lock icon Nedlloyd shares surge on plan for transport unit sale
        371 18 It's selling its ETD unit for I.lBb guilders Bloomberg [ROTTERDAM] Royal Nedlloyd NV, the biggest Dutch shipping and transport company, said it plans to sell its transport unit and may use the proceeds to buy back shares. The news sent its
        Bloomberg  -  371 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Olivetti offers share buy-back to sweeten bid for Telecom Italia
        535 19 THE TELECOM ITALIA BID It proposes purchase of non-voting shares at almost double the market price Bloomberg [MILAN] Olivetti sweetened its US$5B billion (Ssloo billion) takeover offer for Telecom Italia by proposing to buy back 30 per cent of the
        Bloomberg  -  535 words
      • Article, Illustration
        Lock icon France Telecom expects higher profit in '99
        513 19 After 3 flat years, growth to come from mobile telecoms and overseas: chairman Reuters [PARIS] France Telecom has said that it expected profits to rise this year after three flat years during which it cut prices to prepare for the liberalisation of the
        Reuters; FILE PHOTO  -  513 words
      • WORLD Briefs
        • Article
          Lock icon AT&T may sell US$6b bonds this month
          89 19 Bloomberg [NEW YORK] AT&T, the No 1 US phone company, may sell more than US$6 billion (5110.4 billion) bonds this month in what could be the largest such issue. The company said this may be followed by US$4 billion later in the year.
          Bloomberg  -  89 words
        • Article
          Lock icon AOL completes Netscape purchase
          62 19 Reuters [DULLES, Virginia] America Online on Wednesday said it had completed the acquisition of Netscape Communications following a vote earlier in the day by Netscape shareholders in favour of the deal. The merger creates an Internet powerhouse, combining AOL's vast audience reach, programming and network strength
          Reuters  -  62 words
        • Article
          Lock icon Schwab site crashes for 15 minutes
          79 19 Bloomberg [SAN FRANCISCO] Charles Schwab customers were unable to log on to the biggest online broker's Web trading system for about 15 minutes, starting at about 10am US Eastern time. It was the fifth such outage this year for Schwab, whose Web site crashed
          Bloomberg  -  79 words
        • Article
          Lock icon Yahoo executives strike it rich
          60 19 Bloomberg [CALIFORNIA] Yahoo! Inc's top executives, led by Chairman and Chief Executive Tim Koogle, sold shares valued at $171.5 million after the stock of the No 1 Internet directory reached an all-time record 0f2071/4 on January 11. Koogle sold 140,000 shares at US$l7O.lO a share,
          Bloomberg  -  60 words
        • Article
          Lock icon Intel says free PCs viable at low prices
          96 19 Reuters [HANOVER] Intel Corp said yesterday that it favours the idea of giving away free entry-level personal computers to promote wider use, but added that prices must fall below $500 to make such a move viable. Several companies in the US have
          Reuters  -  96 words
      • Article
        Lock icon Axa profit up 8% in 2nd-half, beating analysts' forecasts
        381 19 Profit boosted by earnings at French, US life businesses Bloomberg [PARIS] Axa SA, Europe's biggest insurer by sales, reported that indicated secondhalf profit rose 8 per cent, at the high end of expectations, boosted by earnings at its French and US
        Bloomberg  -  381 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Deutsche to raise US$3.4b in share sale
        380 20 MERGERS AMD ACQUISITIONS Proceeds to help finance buying of Bankers Trust, expansion in Europe Bloomberg [FRANKFURT] Deutsche Bank AG, Europe's secondbiggest bank, said it will raise up to US$3.4 billion (555.9 billion) by selling shares to help finance its US$lO.l billion purchase of
        Bloomberg  -  380 words
      • Article
        Lock icon Beijing accelerates financial reform
        353 20 State-owned China Everbright Bank takes over China Investment Bank AFP [BEIJING] China stepped up reform of its financially troubled banking sector yesterday with the takeover of debtridden China Investment Bank by the state-controlled China Everbright Bank. China Everbright chairman Zhu Xiaohua said it would take over
        AFP  -  353 words
      • Article, Illustration
        Lock icon Credit Lyonnais triples profit
        392 20 Bloomberg [PAßlS] Credit Lyonnais SA said 1998 profit tripled, on the high end of expectations, as France's fourth-largest bank benefited from fewer onetime charges, lower costs and rising profits at its domestic retail branches. The bank, which the state will sell by July, said profit rose
        Bloomberg  -  392 words
      • Article
        Lock icon Traders want SEC to delay bond plan
        251 20 Bloomberg [WASHINGTON] US Securities and Exchange Commission (SEC) chairman Arthur Levitt and Congress should postpone implementation of an electronic trade reporting network for the US$2.4 trillion (Ss4.l trillion) corporate bond market, a bond traders industry group said on Wednesday. Micah Green, an executive
        Bloomberg  -  251 words
      • Article
        Lock icon San Paolo-IMI on shopping spree?
        299 20 Italy's No 1 bank asking for approval to double capital Bloomberg [TURIN] San Paolo-IMI SpA, Italy's biggest bank, signalled plans on Wednesday to acquire rivals by asking shareholders' permission to almost double its capital base by selling new equity during the next five years. The
        Bloomberg  -  299 words
      • SMALL Change
        • Article
          Lock icon Mellon, Credit Lyonnais explore tie-up
          94 20 Reuters [NEW YORK] Mellon Bank Corp and Credit Lyonnais SA are in initial talks about creating an alliance in asset management service, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The alliance would strengthen the US bank's distribution of mutual
          Reuters  -  94 words
        • Article
          Lock icon Chase's offer to possible partners
          88 20 Bridge News [NEW YORK] Chase Manhattan Corp's CEO Walter Shipley has made informal overtures to Merrill Lynch, Morgan Stanley Dean Witter and Goldman, Sachs and J.P.Morgan, offering the CEO spot to the desired merger partners, sources told The Wall Street Journal. The possible partners indicated
          Bridge News  -  88 words
        • Article
          Lock icon Aussie bank names new research head
          64 20 Bloomberg [SYDNEY] Commonwealth Bank of Australia Ltd, the country's second largest bank, said David Rees will become head of research at the bank's research group. Mr Rees was previously the chief strategist at BT Alex.Brown. the investment banking division of Bankers Trust. Before that,
          Bloomberg  -  64 words
      • Article
        Regional markets weigh down futures
        158 21  -  Minimi Reports Mfffrl ffltigapnro fnitor Edward Cheung, Jardine Fleming THE MSCI Singapore Free Index rose yesterday morning, led by DBS Bank's offer to buy all the shares of its Hongkong unit, Kwong On Bank. However, the momentum was unsustainable by mid-morn-ing and it began to
        158 words
      • Article
        Optimism fuels futures to three-month high
        216 21  -  MSCI Taiwan fatures Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures rallied 7.1 points to a three-month high yesterday amid optimism that foreign investors will continue to buy shares as a result of growing demand in the manufacturing sector.
        216 words
      • Article
        Lock icon Cocoa prices unlikely to improve soon as demand fails to cut stocks
        308 21 Bloomberg, Reuters [LONDON] Cocoa prices are unlikely to rise until the 2002-03 marketing season because global consumption is growing too slowly to erode worldwide stockpiles of beans, the International Cocoa Organisation said. While cocoa consumption has outpaced production
        Bloomberg,; Reuters  -  308 words
      • Article
        Lock icon CURRENCY REPORT
        327 21 Reuters London A WEAK Ifo business survey from Germany confounded market rumours yesterday and toppled the euro off its three-week highs against the US dollar, dealers said. The euro had perked up to U551.1067 early in Europe amid rumours that the survey would show that the euro zone's
        Reuters  -  327 words
      • Article, Illustration
        Untitled
        1267 21 PtTERBAMECTOSS RATES Marin AS CS R»t> Euro Ftr Dm HKS Ind to Kpiah Ven Won BM H2$ Pak Is Peso SS land Sir MT$ lafct torn* US$ Australia 0.959 6.178 0.571 3.745 1117 4.886 26.737 56.898 0.747 7.729 2.393 1.184 31.560 24.506 1.087 3 934 0 912 20 887 0.387
        1,267 words
      • Article
        Untitled
        1847 21 MCOMFOTOEBS Man WltCB (hitf«5 ctoiii» SJOfm) ISS1 CONTRACTU 0«M VoteflM Opon Month Wfft Lot Sott gggg Iwtorost Apr 99 104.75 150 May 99 105.50 775 Jwfl 99 106.75 106.25 107.00 300 250 Jvt/Srp 99 IttOO 110.75 109.75 52S 600 Oct/Occ 99 112.50 525 JawHarOO 116.00 RSS 3 CONTIACT (US cmts/kg)
        1,847 words
    • Article, Illustration
      Lock icon HONGKONG
      1431 22 AFP PHan&Seog -280.75 HONGKONG stocks closed down 2.6 per cent yesterday on narrow turnover as investors used Wall Street's retreat and sharp Tokyo falls as excuses to take profit, dealers said. The blue chip Hang Seng Index ended down 280.75 points at 10,659.32 on turnover of HK56.45 billion. Dealers
      AFP  -  1,431 words
    • Article, Illustration
      Lock icon CHINA
      555 22 Reuters w% Shenzhen B Index +OJ3 SHENZHEN'S B shares ended with firm gains yesterday as domestic funds entered the market with renewed vigour after a brief correction from last week's rise, analysts said. The B share index climbed 0.93 point, or 1.98 per cent, to 47.57. Turnover was at
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  555 words
    • Article
      Lock icon TAIPEI
      330 22 AFP OwPlnin +137J4 TAIWAN stock market moved up 2.0 per cent yesterday on strong buying by institutional investors amid bullish sentiment, analysts said. "Domestic and foreign institutional investors continued to stand on the buying side," said Peter Chang, president of Polaris Securities Investment Advising Company. Taiwan is set to
      AFP  -  330 words
    • Article
      WORLD STOCK MARKETS
      2208 22 LONDON Industrials mm No* 3i Group 6.22 0.04 Allied Domecq 4.67 -0.01 Allied Zurich 8.57 -0.09 Anglo American Gold 23.60 0.10 ASOA Group 1.40 -0.03 A 8 roods 4.31 unch A B Ports 2.82 0.01 Bank of Scotland 8.13 0.16 Barclays 17.83 -0.40 Bass 8.97 -0.06 BG
      2,208 words
    • Article
      Lock icon TOKYO
      1608 22 AFP Nikkei 225 -56<kU SHARE prices in Tokyo tumbled 3.4 per cent yesterday, hit by a late wave of profit-taking on recent gains, brokers said. Share prices took a sharp downturn "as investors were wary of high prices", said Kazunori Jinnai, deputy general manager at Daiwa Securities equity division.
      AFP  -  1,608 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8392 23 INDUSTRIALS CmwMf prtAKts 1999 lot Vol Day Net Cap HMO 1— tin-; Wl *00Q Hlfll Lew Pit >■! 310 270 AJinomoto 272 50 n0.2 83 59 Angkasa 60.5 1 2 61 60.5 89.2 283 220 Apoilo Food Hlg 220 7.7 88.0 204 132 Berfeye Land 133 1 10 134 132
        8,392 words
      • Article, Illustration
        Lock icon Stocks gain on local institutional buying
        399 23 AFP PI Composite Index +3.49 MALAYSIAN share prices ended 0.7 per cent higher yesterday on local institutional support of index-linked counters, in particular, banking and gaming stocks. "There was no bargain-hunting, just local support on selected index-linked stocks," an institutional dealer with a local
        AFP  -  399 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Keppel TatLee wrt: reasonable premium
        197 24  -  WARRANT WATCH -By] R Sivanithy AS we pointed out in yesterday's column, the covered warrants segment seems to be going through a quiet patch. Issuers seem to be caught in a dilemma of whether to write more in a market that hasn't really taken off,
        197 words
      • Article
        Untitled
        1927 24 BONOS, LOANS tVAMANTS wt L«l Val Day Last Ovoti A«f Ml 9" Low »tw C mmmt M COOO) Mtgh Law Buyar Sallar met s 3 3160 A Acar ******1 USS 12.5 urveh 3 «[s 12 35 4.s 3164 Acma W*****4 »6.5 unch 192 17 16.5 16 16.5 17 3161 AIITach
        1,927 words
      • Article
        CLOB INTERNATIONAL
        214 24 HOMKONO STOCKS Or Or 52-W* VI On LMtOiMt* Oty CMv YM H«t M Cap HlfH L— Mm C«m»»ny Ut» COOOI L— 8uyf S—m C'w P/t $<ni 210 173 5123 CDt (2000) HK 210 Cd 20 7.5 220 8 2.4 18 10.8 4066 5124 C«0mvPk20cHK_720 cd 265 2.1 7.4
        214 words
    • Article, Illustration
      Lock icon BANGKOK
      883 24 AFP SET Index +6JI BARGAIN hunting and speculative buying in the banking sector drove the Thai sharemarket 1.7 per cent higher yesterday, dealers said. Dealers said investors were active in stocks considered most likely to benefit from new bankruptcy and foreclosure laws, especially banks which stand to reduce their
      AFP  -  883 words
    • Article
      Lock icon MANILA
      330 24 AFP O Manila «gjj SHARE prices closed 2.1 per cent higher yesterday on the strong performance of Philippine Long Distance Telephone Co and signs of lower interest rates, analysts said. The Composite Index rose 41.26 points to close at 2,024.05 points. Turnover rose to 395 million shares worth 1.997
      AFP  -  330 words
    • Article
      Lock icon SEOUL
      412 24 AFP CI Composite Index -2L54 SOUTH Korean share prices closed yesterday 3.6 per cent lower due to profit-taking by institutions following recent steep rises, dealers said. They said profit-taking focused on banks, brokerages and construction stocks that have led recent gains. The Korea Stock Exchange Composite Index fell 21.54
      AFP  -  412 words
    • Article
      Lock icon SYDNEY
      670 24 AFP PAH Primaries -1(U SHARE prices closed down 0.3 per cent yesterday on Wall Street's second straight fall as some analysts said the Australian market's drive for the elusive 3,000 mark appeared to have petered out. The All Ordinaries Index closed down 10.1 points at 2,967.7. The All Industrials
      AFP  -  670 words
    • Article
      Lock icon WELLINGTON
      300 24 AFP P Wellington -28.48 NEW Zealand's sharemarket fell 1.3 per cent yesterday with concerns about offshore weakness and last-minute selling in Telecom Corp before instalments get treated as fully paid stock today. The NZSE-40 Capital Index lost 28.48 points to 2,141.43 on average turnover of NZ$ll5.l million. —AFP (OOP)
      AFP  -  300 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6789 25 Transaction datr Mar 18 j Cr Cf M Wt 52w L"1 Vol Day Last Quote Dl* Olv VM Net Cap Ave Law StNo Company Sa«a fBOO) High Lew Buyer Seller H C'vr P/I $mll Prtca MULTI-INDUSTRY t42 17.5 ml 1000 Acma 50c 69.5 -0.5
      6,789 words
    • Article
      SESDAQ
      1343 25 Cr Cr M Wt 52"Wk Last Vat Day Last Ouota Dtv Wy Vld Mat Cap Am HUN Law »tW» Cm»«ay Hh C000) laa Bwyat War Cw P/K $W Plica MANUFACTURING 2*9 30 2049 AS Auto 10< 86 -I 944 913 87.5 87.5 88 15 N 7 1.7 8.3 100.5
      1,343 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        377 26 Onto fjfc— UIC Wt99 14,124,000 TanChongint50c 9,966,000 Eagle Brand Htdqs HK75c 8,960,000 DBS Land 7,694,000 UIC 5,083,000 GES Intl Ltd 20c 4,716,000 Uraco HldgslOc 4,662,000 SingTel 15c 3,928,000 Uraco Wt02 3,449,000 Omni Ind 10c 3,315,000 Stocks City Oev 50c 21,482,491 OCBC Foreign 20,850,197 DBS Land 17,661,554 SPH 14.816.440 DBS Foreign
        377 words
      • Article, Illustration
        Steep Tokyo, HK falls reverse early gains on SES
        623 26  -  STOCK MARKET COMMENTARY STI rises, then falls, in tandem with movements of bank stocks; no concerted selling pressure: brokers Hy R Sivanithy IT was a tale of two halves as far as the local stock market was concerned yesterday, with an
        623 words
      • ON THE GRAPEVINE
        • Article
          Most-read for KL bankers
          86 26 WITH the much-anticipated Bank Negara annual report due for release on March 31, word in the market has it that it will contain more than just economic and banking data. It is said that Malaysia's central bank will release a comprehensive package on how to restructure
          86 words
        • Article
          Panic attack
          107 26 IT seems some property buyers are beginning to panic. One bird tells us that a buyer, having held off making a purchase for several months as he shopped around for a choice property and the best price, has been suddenly seized by panic that he may not get
          107 words
        • Article
          Taking shots at the Queen Mother
          276 26 THE unwritten rule among Britain's newspapers of not attacking the Queen Mother has been breached, it seems. AFP reports that a right royal newspaper war has erupted over claims that the Queen Mother has run up a huge overdraft because of her lavish lifestyle.
          276 words
      • Article, Illustration
        HOT STOCK
        75 26  -  ■by ven sreenivasan NEPTUNE Orient Lines failed to end the day above its 60-cent resistance level yesterday Some 2.6 million shares changed hands, compared with its 10-day average of about 300,000 shares. The RSI is still in overbought territory and the stock looks set to be stuck at
        75 words
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      1,130 words
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      108 words
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      54 words
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      816 words
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      1555 20 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 Pursuant to Section 290<2)<b) CHONG FONG IBARAKI (S) PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held on 15
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      173 20 FORM 55 (Rule 112) NOTICE OF MEETING IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up No. 169 of 1996 In the Matter of the Companies Act, Cap 50 And In the Matter of MGS-94 ENGINEERING PTE LTD (RCB NO. 1980/*****G) Take notice that a meeting of
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      263 24 TRANSNATIONAL FOODS PTI131) NOTICE OP SPECIAL RESOLUTIONS NOTICE IS HERESY GIVEN THAT AT AN EXTRAORDINARY GENERAL MUTING Of THE COMPANY DEEMED TO HAVE BEEN HELD PURSUANT TO SECTION 179(6) OP THE COMPANIES ACT (CAP 50) AT 10 HOE CHIANG ROAD, #10-00 KEPPEL TOWERS iSX?" Special Resolutions Resolved: 1.1. Tla ptn«
      263 words
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      430 24 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 SEALIFT SHIPCHANDLING PTE LTD (Creditors' Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section 308(2) of the Companies Act, Cap. 50, that the Final Meeting
      430 words
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      440 26 IN THE MATTER OF THE COMPANIES ACT (CAP.SO) AND IN THE MATTER OF DESH BUILDERS SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING OF MEMBERS NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final General Meeting of the Members
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      583 26 In Accordance with Terms of Final Judgement in Massive 10 Year Lawsuit MAJOR PUBLIC AUCTION Flw. Irrevocable Ratification Verdict 2-3-98 Case #515/94 Liege Commercial Court Extremely Valuable Disputed Specialist Merchandise Seized and Held in Court Custody since 1989 As result of Writ by major Persian Importers Against exclusive Gallery of
      583 words
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      Page 26 Advertisements Column 3
      179 26 Going to trade online? You need the best research. Call DBS investor Online at 438-1188 88 DBS BANK IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO CHONG FONG IBARAKI (S) PTE LTD (In Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company,
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      Page 26 Advertisements Column 4
      195 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TIMOTHY SEOW GROUP ARCHITECTS PTE LTD (PROVISIONAL LIQUIDATORS APPOINTED) NOTICE QF MEETING QF CREDITORS NOTICE IS HEREBY GIVEN pursuant to Section 296 of the Companies Act. Chapter 50 (hat a meeting of the creditors of the
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      Page 26 Advertisements Column 5
      611 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TOPPAN COMPANY (SINGAPORE) PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at Toppan Shibaura Building. 3-19-26 Shibaura Mmato-Ku. Tokyo
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      Page 26 Advertisements Column 6
      332 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SEGA SINGAPORE PTE LTD (In M»mi»rs' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Saction 290<2)<b)J At an Extraordinary General Meeting of the Company held at 9 Penang Road *12-00 Park Mall. Singapore *****9
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      Page 26 Advertisements Column 7
      413 26 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF SOUTH AFRICAN AIRWAYS LEASING (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290<2Mb)] At an Extraordinary General Meeting of the Company held at 9 Penang Road #1321 Park
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      Page 26 Advertisements Column 8
      423 26 THE COMPANIES ACT (CHAPTER 50) THE COMPANIES REGULATIONS SECTION 227N/REGULATION 55 NOTICE OF JUDICIAL MANAGER TO CREDITORS OF FIRST MEETING Name of Company Toshoku Singapore (Pte) Ltd (Judicial Managers Appointed) Company No *****1880H NOTICE IS HEREBY GIVEN that by an Order of Court dated 8 March 1999 in Originating Petition
      423 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon So who's buying art now?
      2005 27  -  COVER STORY No doubt about it times are tough and even the tough are cutting back on their favourite luxuries. How are art galleries and auction houses weathering the economic doldrums, and who are the people who continue to buy in times of recession? partathi
      FILE PHOTO; FILE PHOTOS  -  2,005 words
    • MOTORING
      • Article, Illustration
        Packing a pleasant surprise
        692 29  -  The IS2OO looks quiet enough from the outside, but step inside its chambers and you'll discover quite the opposite, says Christopher tam CHRISTOPHER TAN THE IS2OO has one of those deceptive designs that you never quite know what to make of. In print, it appears somewhat
        692 words
      • Article
        A car to survive the next century
        423 29  -  By* Christopher Tan YOU CAN pretty much guess what the Lexus IS2OO is like by its chief engineer. Avid skier Nobuaki Katayama, 52 going on 30, has long been associated with the sportier side of the outwardly sedate Toyota. He started in 1970,
        423 words
    • STYLE
      • Article, Illustration
        Lock icon Shirts for the Singapore woman
        666 29  -  ATTIRE At last, a shop that promises a better fit for the local figure By' Tan Su Yen WORKING as an export manager in a multinational, Jasmine Lee was constantly on the lookout for the perfect women's shirt. Says Ms Lee, who now owns Her
        PHOTOS BY CHRIS LOH  -  666 words
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        Lock icon Holland Village haven for sci-fi fanatics
        837 29  -  MERCHANDISE Whether you're a Trekkie, X-phile or Babylon 5 buff, CorinnaOnghas something lor your collection By Rahita Elias ON THE dead-end side of Holland Village's Lorong Liput is a regular treasure trove for science fiction buffs. While somewhat hard to find, locating Entertainment Reality
        SIEW YAW HOONG  -  837 words
    • ENTERTAINMENT
      • Article, Illustration
        WHAT'S ON
        457 30  -  Compiled by Parvathi Nayar PAMCB La Traviata The Ballet, Not The Opera Choreographed by Andre Prokovsky and presented by the Singapore Dance Theatre. The ballet takes its title from the Verdi opera, however, and largely follows the same story. In the tradition of great tragedies, La Traviata is
        457 words
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        With strings attached
        631 30  -  CINEMA Hilary And Jackie is a compelling tale, bnt it leaves many questions unanswered By Susan Tsang Hilary And Jackie is based on the story of cellist Jacqueline du Pre, who married musician Daniel Barenboim and died of multiple sclerosis at a tragically young age. This film
        631 words
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        Bumper crop of Asian films
        708 31  -  paryathi kayak finds out what's happening at next month's 12th Singapore International Film Festival PARYATHI NAYAR GEORGE Lucas may talk about blockbusters creating more multiplexes and more films all round, but it's probably the increasing global phenomenon of film festivals that's keeping alive the culture
        708 words
      • Article
        Recommendations...
        147 31 PHILIP CHEAH picks Hiroshi Shimizu's Ikinai from Japan "the ultimate recession film, a black comedy about a group of people deeply in debt who go off on a group tour that is to end in suicide"; Leaf On A Pillow by Garin Nugroho "a fictionalised version of his documentary
        147 words
    • HEALTH & BEAUTY
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        Lock icon Beauty from the inside out
        657 31  -  SKIN SUPPLEMENTS That's the promise being made by oral cosmetics. Bat do they really work? By' Tan Su Yen IN HER previous job as a top executive in an advertising agency, Carolyn Khiu worked 12-hour days and her skin suffered for it. Says Ms Khiu:
        FILE PHOTO  -  657 words
    • EPICURE
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        Lock icon Keep the good times rolling
        828 32  -  Despite the gloomy economic climate, Sushi Tei, the conveyor belt sushi chain, seems to be holding its own. tax su ten joins the crowd at its latest outlet at the Paragon TAN SU YEN THERE'S NOTHING quite like a profitable restaurant to bring out the
        PHOTOS BY SIEW YAW HOONG  -  828 words
      • Article, Illustration
        Gourmet sandwich class for the little ones
        236 32 CRAVINGS THERE WAS quite a buzz at the newly-opened Cold Storage Gourmet at Guthrie Building in Sixth Avenue last Saturday afternoon as families with after-ballet/after-violin-class kids in tow checked out the store's fascinating range of exotic foods. Those looking for an alternative to
        236 words
      • Article, Illustration
        Conrad's laksa botak
        88 32 OSCAR's at Conrad International may be best known for its good-looking cakes, but from now until the end of the month, the cafe celebrates one of Singapore favourite dishes, laksa lemak. Oscar's Laksa Feast will see the famously rich, spicy gravy paired with local noodles, udon or
        88 words
      • Article
        Pharaoh's party
        132 32  -  Compiled by Tan Su Yen IF YOU enjoyed the Eternal Egypt exhibition at the Asian Civilisations Museum, you might just want to try eating like the Pharaohs of antiquity at the Olive Tree Restaurant in Hotel Inter-Continental. Chefs from the hotel's sister property in Cairo have put together
        132 words
      • Article, Illustration
        Springtime treats and truffles
        565 32  -  RESTAURANT L'Aigled'Or's two new menus are subtle without being bland-a difficult feat indeed By\ Parvathi Nayar SPRING is in the Duxton air. Of course, the delicious new spring menu, available until the middle of May, is more likely to put a smile of lazy contentment on
        565 words
    • TRAVEL
      • Article, Illustration
        Lock icon A heightened sense of adventure
        1881 33  -  Sri Lanka is not for just anybody. But for those with intrepid hearts and strong legs, it can truly be an enchanted isle, übra hf.iab gains a new appreciation of life among the ruins RAHITA ELIAS SRI LANKA, for a lot of Singaporean tourists, is
        PHOTOS BY RAHITA ELIAS  -  1,881 words
    • Article, Illustration
      CINEMA
      703 34 All Men Are Liars. Comedy of sexual identity. R(A). Golden. A atari nan History X. Edward Norton's Oscar-nominated turn as a violent neo-Nazi leader. R(A). Suntec, Picturehouse, Orchard, Bugis, Beach Road, Golden, Central. MwortL Warren Beatty's satire on politics. R(A) Beach Road, Chinatown, Marina, Plaza, Grand, Orchard, Eastshore, Riverside.
      703 words
    • Article
      ENQUIRIES AND BOOKINGS
      117 34 Cathay Org Cathay 338-3400 Eastsbore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Go! dan Villaga 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines 8 Tiong Bahru Yishun OvtrsMt Rlovi* Clementi/Co'wealth 777-0669
      117 words
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      59 28 /The Straits Times Classified. Flowers J nice surprise.^ I I'd like to deliver a V for you, J "> \Tnank you^^ bouquet of flowers miss.^^B^k I Buying or selling through JH <*—*m I Li lad ycni ill lb J Imr r V ikedit y The Stra s Times Classified is
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      Page 28 Advertisements Column 2
      15 28 Straws In The Wind and Off The CuffiuHl be back next meek. Crosswords: EL 5
      15 words
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      369 30 Where to wine, dine and entertain...^ Every Saturday and Sunday pamper yourself from as early a* 12.00pm to our sumptuous High Tea Buffet of popular Asian and Western sweets and savouries at Cals Vtetarla. CALL: 330 3585 OR 330 3590 FOR RESERVATIONS 76 Bras Basah Road, Singapore *****8 Tel: 338
      369 words
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      Page 30 Advertisements Column 2
      120 30 Savour Teochew Flavours from Shaoton at Pine Court Chintst Restaurant 11 TO 2 1 MARCH 1999 Lunch: 12.00pm 2.30pm Dinner: 6.30pm 10.30pm Reservations: 831-6262/66 KS gtwwr 333 Orchard Road, Singapore *****7. Td: 737 4411 Fax: 732 2361 K*rrioH- CrOSS*Q*J.S 11 230pw The Singapore Morriott Hotel is famous for its fin*
      120 words
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      45 31 The SIFF runs from April 16 to May 1. For tickets, call Ticket Charge (296-2929), go to the Ticket Charge outlets or visit wwwfilmfest.org.sg For venues, prices, times and other details, festival guides are available at Ticket Charge outlets. Watch for BT's own sneak previews.
      45 words
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      Page 31 Advertisements Column 2
      313 31 Jtefres/ijing Spa Experience xxx V\ $2$ JPhvtomer Spa jm A Division of Cosmoprof International Rasa Sentosa jJjj Phytomer Spa is an oasis of i tranquillity and quiet retreat. /A ■v Hfc/ t A Our comprehensive range of fc-g. spa programmes will pamper you I J 'from head to toe. They
      313 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      110 31 CKVPI'IC CROSSWORD SOUmON 2 SU athle,eand,a W I¥«II11IH1IT1 3 children *ow iMIIIHM 4 Roman poet consumed noth- Hindu leader acknowledges ing such as eggs (5) saints of old (7) 6 Foolishly cheats a bosom 21 The com P°ser who ordered friend (7) retsina (7) fßMMflifllfllßilWMfllrl 7 Traps set to catch
      110 words
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      43 32 ■JTTTTTT||!I)i. PN" TWrwi For more information on Creative Ads, call: MM rAj B 1 Susan Bng 740 6160 nm »>i >rnii\iiir>T].n.v>iivii|<iH FIOTGHCQ HOflQ 740 6161 Judy Tan 740 6163 ri T f Low Cheh Chuan 740 6171 bOT Jobs Desmond Kan 740 617S
      43 words
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  • Page 34 Miscellaneous
    • Miscellaneous
      Page 34 Miscellaneous Column 1
      2147 34 TODAY'S TV ttßfiftihfinraim HH 800 Headline News 2.30 PM TV Innovations. |;:fl 03 Grape Expectation. Grumpy old 0 5 5,™, 8,1,1: Sesane r 0 Sylvester Stallone plays a s.oo The Why Why Family. 7JO On the Road, man convict who is abducted 830 Felix the Cat. 8.00 Headlines News. from
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      Page 35 Advertisements Column 1
      156 35 Prime Office Space for Lease HiiartßM.Mamß Prudential Tower, a brand new high-tech office building at Raffles Place, Singapore's financial and business hub. Ideal for financial institutions, major professional services companies and MNCs, looking to establish themselves for the long term at a prime location. Central Location Opposite The Exchange, next
      156 words
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      37 36 0% bits.T£it. (fyst uoux cuizani tuatcfi toaau. I Hirudin mi; Simoie's iu'\\ I*ri i I I'lmh.iM* v,ird.>id (iutj, j,, I' i <>'41.1111 iih\ \i- -n.•'•<, i 1 .< .11 t, |>. j,. q sincere Standard Chartered .'1 5.,,, r
      37 words
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      96 38 9 WAYS TO GET YOUI^^^ NCES RIGHT. <$ Q g> 4 jiiwaM i_/ A B l^J -m 1 m SamSSSw 1 Start the new year by getting your finances right. And there's no better way than with Hong Leong Finance Singapore Finance. That's because we re a one-stop financial centre
      96 words
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      538 39 Of jg T -7—• r^7 oo roim*-»» ¥<r T /,.^iTrSk '"S o &> t cM>W*< Volwis *<• £>> 7 <V r f indu-stty in 4, t f>i J7,~i CTI O 'V'- A v v L'♦ f I/I 1 v f*-i J B1 ._> *V C: V ffi r a M
      538 words
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  • EXECUTIVE MONEY
    • Article, Illustration
      Lock icon Prime rents ease further
      669 40  -  A prestigious address and fancy trimmings aren't going to help pull in the tenants as apartment rental rates soften further, elaime koh reports ELAINE KOH BUY an upmarket apartment in a prime district and you'll be buffered from rental woes, or so went the conventional wisdom.
      PHOTOS BY SIEW YAW HOONG  -  669 words
    • RESIDENTIAL PROPERTY
      • Article
        House Hunt
        1130 35 Property transactions for districts 15 and 16 (sectors 42 to 48 and 46 to 48) lodged between Feb 20 to Mar 13, 1999. "MCTWWE/ my CONTRACT TENURE 8ULT-W PRICE P» STREET NAME TIK DATE LAND AREA* (SQ FT) (STOOD) (S» District 15 Ambar1\* Apt 01/25/99 FH 2012 760
        1,130 words
      • Article
        Hammering out a price
        1681 35  -  Transparency is one reason why more home-buyers are turning up at auctions, says davxd boey DAVID BOEY THE action at property auctions is hotting up, with more house hunters now actively bidding for homes whose prices are as much as 50 per cent off their highs
        1,681 words
      • Article, Illustration
        Lock icon Buying prime flat means pain now, gain later
        403 35  -  Investors must bear with picky tenants, low yields for now By\ Elaine Koh PRICES of prime apartments may look attractive now, but does it make sense to buy them now as investments? A lot depends on how optimistic a view one has
        SIEW YAW HOONG  -  403 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Is trading all a natter of timing?
        1054 36  -  A study by womo mbb tat and ruth ta* sheds some light on how timing can affect the performance of the stock market WONG NHE TAT,RUTH TAN ONE of the more interesting questions relating to trading in stocks is whether it's possible to
        FILE PHOTO  -  1,054 words
      • Article
        Common EU bourse in the works
        603 36  -  Bat project won't take off by 2000 as process involves 3 steps, says French official By I Clarissa Tan THE formation of a common European stock exchange is in the works, but will not take place before the year 2000, says Arnaud de Bresson,
        603 words
      • Article
        ACU DEPOSIT RATES Offered by various rates banks (as at mar 17,1999)
        1168 36 D*? 0 1-w<h Deport amount 1-wtfi 3-nnh 6-nnh W A$ Aoc'nnS HS22 3 7800 3 8400 25.000 74.999 3 6875 3 6875 3 6875 A2S 000 A49.999 3 7800 3 7800 3 8400 74.000- 149.999 3 8125 3.8125
        1,168 words
      • Article, Illustration
        Lock icon Ride the US bull and still play it safe
        987 37  -  Global funds offer investors diverse portfolio and long-term outlook to minimise risk, maximise returns By] Bob Friedman MAJOR US equity indices reached record highs earlier this week. While this is certainly good news for individual investors with stakes in US stocks,
        FILE PHOTO  -  987 words
      • Article, Illustration
        Lock icon Strong US$ boosts non-Sing stocks
        871 37  -  Demand rises amid 'currency play', reports louis beckbruho LOUIS BECKERLING The steady rise of the US dollar has given an added boost to the performance of stocks listed on the local market in US dollar prices. The consensus among currency experts is that investors may
        Source: Bloomberg  -  871 words
      • Article
        Minority shareholders gaining clout
        444 37  -  nmTOPmxoM Vivek Gandhi Vice-president Portfolio manager/reeearch analyst Alliance Capital Management (B*pore) Ltd NE of the biggest I I changes in the Asian corporate landscape since the beginning of the Asian financial crisis has been the growing influence of minority shareholders (those who own shares but do
        444 words
    • PERSONAL FINANCE
      • Article, Illustration
        Loan concessions a gimmick?
        826 38  -  THE FDfHR PODTT Buyers will not benefit from low first-year rates If their nnlts are still under construction By Alvin Tay HOME sweet loan is here again as local banks are falling over themselves to offer concessionary interest rates for the first few years of housing
        826 words
      • Article, Illustration
        Lock icon Margin trading accounts an important hedging tool
        1114 38  -  By, John Liau The writer is CEO, OUB Bullion Futures Ltd. This piece is meant for information only, and does not constitute an invitation to invest. THIS week, we take a look at how margin trading accounts (MTAs) measure up to the standard
        FILE PHOTO  -  1,114 words
      • Article, Illustration
        Lock icon Corporate bonds, smaller markets seen as attractive
        581 38  -  Include Asian bonds in investment portfolio: ABN-Amro By < Genevieve Cua INVESTORS who fled to the safety of bonds last year were amply rewarded, but would the asset class offer just as robust returns this year? In the US, 30-year bonds handed investors
        SIEW YAW HOONG  -  581 words
    • UNIT TRUSTS
      • Article, Illustration
        Lock icon Pipping its rivals
        725 39  -  Stancharfs portfolio managers offer good track record, fee discounts to draw customers, obmbvibvb cua reports GENEVIEVE CUA STANDARD Chartered Bank, which pioneered the concept of managed portfolio services here, will relaunch its Personal Investment Plan (PIP) next month —and not a moment too soon. In this potentially
        ARTHUR LEE  -  725 words
      • Article
        Taipei manager eyes S'pore market
        461 39  -  Grand Pacific plans to lannch funds once MAS gives nod Wong Wei Kong GRAND Pacific Capital Management, the only Taiwanese fund manager in Singapore, plans to launch unit trust products here once it has obtained the necessary regulatory approval. The group, which has a total
        461 words
      • Article
        THE UNIT TRUST SCORE BOARD
        272 39 UMT TRUST/SECTOR 9 MONTHS: 1SEP96-12MAR99) CHANGE RANK Tempteton IF Korean/ Korea EQ 78.15 Aberdeen Singapore Growth/ Singapore EQ 76.5 2 OCBC Savers Korea/ Korea EQ 73.56 3 Aberdeen Singapore/ Singapore EQ 70.35 4 Schroder Singapore Trust/ Singapore EQ* 63.9 5 DBS Shenton Greater China/ Greater
        272 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      296 41 Bridge News, Reuters TRADING was again slack for the Panamaxes in both the Pacific and the Atlantic. There were signs that charterers are winning their battle to push down rates in the Far East with one vessel fixing on subjects at below US$7,OOO daily for an Australia round
      Bridge News,; Reuters  -  296 words
    • Article
      MARITIME STOCKS
      293 41 m unm ■rW *__±__J5L CWT Distribution 0.53 uncti 2 Chuan Hup 0.61 -0.01 17 Cosco Investment 0.4® 0.01 8 Freight Links 0.T7 -0.01 267 CB HoMlnga 0.37 unch 0 Hal Sun Hup 0.47 -0.01 90 IMC HoMb*s-ttK 5.60 unch 0 Jay* Holdings 0.36 0.01 2S Jurong Shipyard 6.65
      293 words
    • Article
      China gets loan to upgrade container movement inland
      404 41  -  USs7lm aid from World Bank likely to improve access to land-locked areas By. Felix Chan [SINGAPORE] China's container transport infrastructure got a boost following a US$7l million (*****.5 million) loan from the World Bank aimed at facilitating the movement of seaborne containers
      404 words
    • Article
      Non-existence of ship owner no basis for denying liability
      693 41  -  ADMIRALTY CASEBOOK By\ Selva Kumar IN last week's Admiralty Casebook, it was reported that a Protection and Indemnity (P&I) club, which undertook to accept actions in rem or in personam on behalf of a ship owner cannot go back on its
      693 words
    • Article, Illustration
      Lock icon No light way to move house
      68 41 [BE ACHY HEAD, England] Passers by relaxing on the downs overlooking the Belle Tout lighthouse which stands on the edge of the Beachy Head cliff's near Eastbourne as it is being moved inland on Wednesday. The building is being raised and moved 20 metres
      REUTERS  -  68 words
    • Article
      Osprey and OMI to pool product tankers
      432 41  -  Move may create one of world's largest operators in sector By Felix Chan [SINGAPORE] Jumping on the recent tide of consolidation in the industry, Osprey Maritime and US-based tanker owner OMI Corporation have pooled their product tanker operations into a new jointly owned
      432 words
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      Lock icon Keeping ahead of its rivals
      1202 42 ROTTERDAM PORT Expansion plans include building an artificial island, airships, new rail links and underground driverless vehicles Holland Horizon Rotterdam residents are proud of their port, and rightly so. It's a pride borne out by the figures. In 1997, 307.3 million tonnes of goods passed
      Holland Horizon; FILE PHOTO  -  1,202 words
    • Article
      SHIPPING SCHEDULES INDEX
      340 42 PAGE Frota 12 ANL 3 Links 12 It Accord 8 G Link 4 Afirenkiel 13 Gemarfrans 8 AASCO 4 Genshpg 12 AsiaOCL 2 Glory Nav 12 Appenship 5 HaiSunHup n Austral 8 Hanqli 7 Avant 13 Hanjm 3 B'tang Mas 8 Heung-A 4 BSA 7 Hoegh 12
      340 words
    • Article
      SHIPPING GUIDE
      19163 49 THEBUSINESSTIMES EXPORT FT A FT A l/4u*r»i<*r VJ u I ETA ETA Advertiser V*ss*l Voyaqt T«itphont ETA ETA Advtrtistr Vtss* Voyag* Tt^tphon# Humtotr Numb* sin Dcst'n Nam* Nam* Number Number MMHNNHMMMMMMHMMMMMMMHMMMMHHMMMHHMMMMMMHMW HMMHMMMMIMHMMHMMMMHHiMNnMHMHHMMMMHMMnMMHi 26/03 06/04 Evargraan HUNSAN BHUM 434 65-*****11 To ABIDJAN (ABJ) 2003 Cota D'lvolra 26/03 06/04 ziM/sath
      19,163 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        756 54 Vessel Voy No Berth Arrival Departure 9 Alam Sampurn 10 'j? alongside 22.03/2300 *n 5 2A/99 J13 alongside 18.03/23S9 *«M Lucky 04/99 J02 alonqside 18.03/2300 Bt *****9 J01 alongside 18.03/2300 Bt Bt J 0)0399 J01 alongside 18.03/1600 8t Paj *0795 *****9 J01 alongside 19.03/0230 Bt Put 7*tor *****9
        756 words
      • Article
        CONTAINER SCHEDULES
        1839 54 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclng/Boianco Rstls Ship Voy No Etb/Btr Porlod From To From Act DM* 028 W0700 U 17/1500 17/1459 17/800 8 17/1500 IT/US* 17/1900 a 17/1700 K/0459 It/0900 /I 17/1700 a/out N/0900 i N/0700 a/m N/MOO 4 N/1200 N/M99 N/1700 i MM
        1,839 words
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        GLOBAL HOLIDAYS
        215 54 Mar 22 Japan: Vernal Equinox Day. Mar 25 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 1 Denmark: Maundy Thursday. Mexico: Maundy Thursday (optional). Apr 2 Mexico: Good Friday
        215 words
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        COCKETT BUNKER MARKET REPORT
        751 54 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 indi cated. The Cockett Bunker Price Index change
        751 words
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        VERITAS BUNKER QUALITY REPORT
        538 54 Carbon 180 Mai 998.1 0.8 18.6 0.09 S9 0.07 tl Density Water Residue Ash Aluminium Sediment No above E25 2 0 19 0 0 0 %H/H 380 Ave 985.9 0.3 13.4 0.06 33 0.02 Cum 380 Max 994.9 0.7 18.9 0.09 65 0.06 WW3 »v/v HM/M
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    • AIR & LAND TRANSPORT NEWS
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        Lock icon Chinese airlines launch frequent flyer programmes
        283 55 Services for domestic flights aimed at building customer loyalty amid fierce competition Reuters [SHANGHAI] China's major airlines have introduced frequent flyer programmes for domestic flights in an effort to build customer loyalty amid fierce competition, airline officials said yesterday. Air China, China Eastern Airlines
        Reuters  -  283 words
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        Lock icon China to withdraw 71 old planes
        419 55 Reuters [SHANGHAI] China will pull 71 mostly older planes from its commercial fleet this year to improve safety and efficiency, an aviation official said on Wednesday. The Civil Aviation General Administration of China official said 48 aircraft would be added to the commercial fleet,
        Reuters  -  419 words
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        Lock icon Celling a new concept
        73 55 [WASHINGTON] DaimlerChrysler chairmen Jurgen Schrempp (left) and Robert Eaton showing offa new concept car powered by fuel cells at the Ronald Reagan Building here on Wednesday. The car, called the Necar 4, can seat five people and go 448 km before refuelling and travels as fast
        REUTERS  -  73 words
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        Lock icon Shanghai airport's net profit surges 70%
        227 55 Reuters [SHANGHAI] China's Shang hai Hongqiao International Airport said yesterday its net profits surged 70.7 per cent in 1998 from, the previous year due to strong passenger and freight operations. Hongqiao, which lists domestic A shares on the Shanghai stock exchange, recorded net profits
        Reuters  -  227 words
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        A clean sweep far Federal Express
        58 55 [SINGAPORE] Express transportation company Federal Express (FedEx) swept several titles at the 13th Asian Freight Industry Awards including that of Best Global Air Cargo Carrier. Taking in the honours after the awards ceremony in Hongkong are: (from left) vice-president (Asia-Pacific) William Conley; president, FedEx
        58 words
      • Article
        Lock icon Duesseldorf expanding airport
        119 55 AFP [DUESSELDORF, Germany], Construction began on Wednesday to take annual passenger capacity at Duesseldorf airport, Germany's third largest, to 22 million by 2001 from a current 15 million, airport authorities said. Two new terminals and a frain shuttle stop will augment the city's airport, already Germany's third
        AFP  -  119 words
      • Article
        Lock icon IBM, Nokia and Sabre in test runs of wireless phone for flight reservations
        701 55 0 Service allows traveller to make new arrangements as plans change Reuters [NEW .YORK] Travellers can be notified of flight changes and switch air reservations at a moment's notice, anywhere in the world, with a first-of-its-kind wireless
        Reuters  -  701 words
      • Article
        Lock icon Korean Air plane escapes mishap
        330 55 Reuters [SEOUL] A Korean Air plane with 279 passengers and crew touched down with one wheel off the runway in strong crosswinds yesterday, but the pilot managed to pull up safely, an airport official said. It was the second incident involving a Korean Air plane
        Reuters  -  330 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1838 55 ott ruan m mew era n?4sm *50 so26 2355 MUM AN6230 1920 S***** 1650 LH787 2359 LH6361 1920 N***** 2359 S0230 1920 SOMOt S9» AmttriM S0327 0*00 K1644 0105 F6M6M WW 1TB J0W0 000 6A973 1005 W4328 2320 OMajtieaMC SOW IMS COM 0910 M.837 1535 S0328
        1,838 words
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      11 41 Keeping ahead of its rivals Rotterdam Port's expansion plans Page 2
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      137 41 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 newspaper will for the first time publish a special feature that will highlight important developments in the air and rail industries. The special
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      15 41 Chinese airlines launch freqnent flyer programmes Services aimed at building loyalty amid fierce competition BackPage
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      1112 42 I NORTH AMERICA I EXPORT I I OTHER DESTINATIONS I SSX BUPER SHUTTLE EXPRESS DIRECT TO LA WIST COAT OF CPITIIAL AMgWCA (MARGARITA BgRV*CE) 1 *ot inai |no aw m bm hoi oac or ■uhoott visa Iwt gjnE553SEImsSI' T1 I gfiSS[ n*" ooaauKMu isku m/m I m/m m/m ii7B m/m
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      689 42 Lines services represented 9*. u [fi©l;) l^r t^s^ Re9,stryo Accredited SNppmg Agents. Asscclatior Singapore Shipping Association NORTH WEST EXPRESS LINE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FUMANTIi (MONTHLY SERVICE) MV "fBM" ETA SIN 30/03/99 BOOKINGS CALL MONKA/AI UNO TIL 323 4374 I V«id V*y SIN CAI I OMM BREEZE 909N
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      1136 43 TO EUROPE FROM EUROPE rasa voy 1 sm iw m kajw wv sou fit uh 1 Ivissa voy I im* a*r ham my sou fit leu sw NW AMAZOMTE 021W 11/03 10/04 07/04 00/04 05/04 MM 525E 21/02 23/02 24/02 27/02 17/03 UlONtf S26W l*/03 04/04 04/04 04/04 10/04 HY
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      Page 43 Advertisements Column 2
      2576 43 OHANJIN SHIPPING liLpl 6 Ms fair* Lot -Wits *****10 HARM* SHIPPING (S) PTE LTD hip //m honpn com IOOMNC *****35 237 SALES *****74 731 OOCJMfIII 37*0771 774 OfftATWNS *****50 7SI MAIN UN! *****5S fU *****60 aHO **********0 M TO NW USA CANADA USA CANADA* FDR VSI/VOT MM SM UMHAU/VOY SEA
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      1476 44 DSR-SENATOR LINES TO UK/CONTINENT TO MEDfI'EKRANEANCANADA VtntL VOT SMI LtH HTM MIR MM WV BJt VtSStL VOV SIM GIT ift fOS W.C MTW TRAOf HARVEST WQII4 20 S3 IS M 1104 M M N. 04 1104 CHOYAMG PHOCNtX WMOI4 1103 04 04 00 04 00 04 10 04 10 04
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      Page 44 Advertisements Column 2
      852 44 lUfl MAC-NELS S'PORE M'SIA SZSrTSf^Jo RKELANG *****77 JKT: (21) <*****7 MOW: (61) *****3 KLJCHtMG (082) *****1-3 BARCELONA MV "VILLE DE LIBRA" V. 9911-4 ETA SIN: 26-3-99 SURABAYA I SHANGHAI MV "KOTA ABADI" V.ABAO4I MV "DANUBE" V.543E ETA SIN: 22-3-99 ETA SIN: 25-3-99 HAIPHONG TYO/ YOK/ UKB/ OSA MV "VAN XUAN"
      852 words
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      Page 44 Advertisements Column 3
      530 44 LINE gy nil MM4S6 PAXi f MUARA j lABUAM vissa vot no eta vtssa vor mi m STOKE MUARA SPOU LBN JPOOSPH VOSE/99 SdU 30/03 JPtOSPB V0«/99 SdM 21/03 CAAAKA JN332 VOM/99 20/03 23/03 (MAM JM332 VOH/99 20/03 24/03 J POOSPB VOM/99 27/03 30/03 J POOSPH VMI/99 27/03 31/03 CAAAKA
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      1234 45 1 VESSEL VOY I SIN PKO PEW PQB DUB DAM SHJ BA BtK IRAN LORESTAN PJLI33B 22/03 31/03 01/04 02/04 04/04 OC/04 IRAN TABATABAEI PJLI339 29/03 07/04 08/04 09/04 11/04 13/04 IRAN TEYFOiIRI PJLI34O 00/04 14/04 15/04 18/04 18/04 20/04 IRAN VAHDAT PJLI329 12/04 21/04 22/04 23/04 28/04 27/04 IRAN
      1,234 words
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      2011 45 -IWU. Wnkly Sailing Evrop* Mali Ports I l¥f y llmliy mmi S«tifi«y l> I SINGAPORE'S GINERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/IT^^2os!o?^OHOßrOfFla^™^™™^™™™^ COSTAR SHIPPING PTE LTD #i7-oa msiidg saus/ikgs *****57/60 inward dcpt (o/oi 4205/S5 COSTAR AGENCIES (M) SDN BHD q> WO: **********0 M TOWER TWO
      2,011 words
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      Page 45 Advertisements Column 3
      564 45 f i~\ EASTERN CAR LINER, LTD. J |_EJ ECI (SINGAPORE) PTE LTD JTZ I SPECIALIZE m RORO HEAVY UfT UfTO 450 TOtiSj ECL (SINGAPORE} PTE LTD LOAD NG FOR CALCUTTA/ CHITTAGONG/CHENNAI I YANGON/CHITTAGONG MV "CORAL HERO" V.15 MV "GRACE LUNA' V.6 ETA SIN 18/03/99 ETA CAL 25/03/99 ETA SN 28/03/99
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      1186 46 I EUROPEAIK/SCAMMWAVtA^tWIAWD/HUSSIA I r niAtinun dim iuu 2?" 1,86 THP KE LHV LHV THP "D" HBC SGP I i 09AM 11/04 ***** 1344 E ROYAL RE 036 25/02 27/02 20/02 2842 82/03 25/03 20/03 I f «AM 20AM 1844 1844 19/04 2044 E RACER RE-028 0443 0643 05/03 07/03 09/03
      1,186 words
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      610 46 PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building. Singapore *****0. I CR NO **********06 I I I m w I »WW TIRATAJ2 115 l6i IH M 4 7 pjff|o27 j/4 10/4 14/4 jjfi jjfl I I l nssa VOT mp" m «i in wig mar- si
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      435 46 PPk NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA rasa vot sw pui put )mi err k» IUMm DtAGOW VOI2S 23/03 01/04 QS/04 01/04 OT/04 mtUIVBMS VO33S 04/04 12/oT lf/04 H/04 20/04 23AM GOiflEW DIUGOW CODS IS/04 I 24/04 21/04 31/04 02/05 mmouffll <034$ 26/04 04/05 01/05 11/05 12/05
      435 words
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      442 47 M MYANMA WBm. FIVE STAR LINE (MyoHMor National Lint) loorftog far Yangon (Roagoon) vor SIN PKL PEN PGU mil vtsi si» ornshwihaw vnw an MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUI: TB (03)*****00 PKL TH (03) 374*101 PBfc TH (04)2****** PGlfc Ttt (07) *****21/4 BANK LINE (A sarvkt of Andrew W«ir
      442 words
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      1404 47 HMNEHYUNDAI MERCHANT MARINE CO., LTD. IVBSB VOY ISM SOU 184 WW ANT NAM WN FB IVBSB VOY|SOU|LB4|BTM|AMT|NAM[MV|FBISM LA LOME S2*W 11/03 01/04 10/04 04/04 04/04 MX KARL 0071 24/02 03/03 27/02 02/03 20/03 HYGBBM 317W 22/03 07/04 01/04 10/04 13/04 TYW SIM 05/03 04/03 21/02 02/03 24/03 BM SS2W 25/03
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      1013 47 1 specialized ouKxornan Wilhelmsen Lines TO NORTH AND LATIN AMERICA *RORO HEAVYUFT SERVICE* VESSEL VOT RAMP HEIGHT SIN LAX CRI NUA SAV lAL ORF NYC MEW MOO TARONGA F907 400 Ims 6.3 M 25/03 22/04 01/05 04/05 06/05 01/05 09/05 11/05 15/05 17/05 TAIKO F9OB 400 This 6.3 M 08/04
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      690 48 ■AHOKOKyMAP TA MIUT/tAH CHABAWO I J J AMO VESSEL VOV SIN BKK MTP LCH VESSEL VOY SIN JKT PJN MATHy 407N 20/03 24/03 23/03 AKA BHUM 337S 20/03 24/03 XETHA BHUM" ZTSN 21/03 24/03 28/03 ANRO JAYAKARTA* 079 20/03 23/03 CHANA BHUM" 82N 22/03 28/03 ACX JADE* 46S 22/03 2V03
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      483 48 iffsiwa INDONESIA NATIONAL LINE TO AUSTRALIA T I cotreuww iwvici ra am m m wsrwiwßi as u/mw/m ii/« nm m/m n/x M** ns_ »/*3 V/K 04/04 00/04 17/04 IS/04 11/04 Vlomit US 11/WB/K 14/ M H/M 10/ M 2S/M muwi I»/M| H/M| 10/wU/wU/wlw/tsl FEEDER SERVICE TO INDONESIA W VOT STOU
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      696 48 ~7r~ m Ptg ~JED MLA LEH HTM KAM TIT JfIEIEDeVBA N3OW IWB 2SAH 03AM 08AM 13AM ISAM 18AM 1flA)« IflflM k- —siSr-sS —ss iaw »^>« -SrfTsSSsi 07AM IVO4 anw aa/04 27/04 2bam jwn 01/06 VM£ P€ MM4Q6A V3IW IVO4 23AM 27AM gg (MAS 06/06 07/06 06/06 LJJ'LUJ. I Jjffl jr..
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      68 49 l__ STpf| Dial 740-6000 on demand! Sj >yj' (Retrieve more schedules!) Sjy Press m if .jfIJTV Select the port and key in the four digit code eg: To New York (NYQ 2275 st£) Key in your fax number I STBelEnter your phone number Anothertnnovetive lervice offered by The document Will
      68 words
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      138 51 MitrolOiSLK. Lines, Ltd. "SSZSST FROM: u.k./ cohtineht/ middle EAST TO: far east UW SKN tma SIN MAHU HONGKONG KHUJHC GUAR WAN ANGEL SAIUD SAILED SAILED ABAVOYW 07/04 09/04 13/04 IS/04 M w,,u iw n/M PASOUAU «UKI»- S^Sf,",'" iIM,SV<S WTUUHG AGBIT: SUHSHP MOKE M SDH HO P. KIUNG TIL *****00 SANOAKAN-
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      199 51 J shipping LINE kf ■iM fill" ■11 NN I [nail I LIBYA BENGHAZI TRIPOLI IVBiamw vot.mo hhow mumu pmmi I row mm I dot khghazi Ttxxi !*!*s 1333 26.0?. W WO3 W lI.DIW HCSUI 24 03 W 06.05.W 07 OS.W *5!!! 1337 ®591W 15.03 W 25 03W MIAGHCKI 3101W 13.0599
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      185 51 ~Z± ESP LINES wmiY La amd rci sinvia ■WMSUKQNT FAI EAST QgOPf ONTTAGONG, MAMAS UNG«O(. HONG KON6 HAJMUBG, ROTTERDAM MMIAT. COIOMO JAKARTA. MAWU AKTWBtf, FEUXSTOWf QUOITTA HO 09 MOW. HAifHONG REGULAR CONTAINERISED INDONESIAN SERVICE I VBSH/VOTAGf STORE I *T I SUI I UfG SRG HOUUUUN/1701/M 11/03 14-17/0 19-20/03 23 24/03
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      1154 52 —g—SAMUDERA SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL: *****88 FAX: *****2* (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LINE: 535 6266 Celia/Jessica/Mei Chan/Jeslynn/Dora/Hanim EEES3QHS3E&SH 7 slgs/week E2EJEEM 2 slg/week I VESSEL VOY \~Sm [~JAK VESSEL |VOY
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      1100 52 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO m SW JKT SW M fW (M WW HAI NTL 0»f SAY WW TAM HOU mm OTKt /O*SO 11/03 24/03 20/02 05/03 24/03 30/03 04/04 09/04 OS/OS 00/05 09/05 12/05 U/05 71/05 25/0$ HOKiH MUHttVA /M«> 03/04 09/ M ***** 11/03 11/04
      1,100 words
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      582 52 rrfg Singapore Soviet Skipping CPL CI No lOOSOtfOOOON Multiline Shipping PI J (Wtxty Owned Subuitory) CI He **********0 C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO3I 20/03 27/03 07/04 06AM KOTARATU RTUO39 27/03 03AM 14AM 15AM PERAK 12N 03/04 10AM 21/04 22AM VESSEL VOY SIN CALCUTTA SIN EPONYMA
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      575 53 I VESSEL^^VO^^si^^lSS^^Sl^^l TIGER SEA 693N 21-22/03 26-28/03 02-03/04 I TIGER BAY 684N 23-23/03 29-01/04 06-06/04 I TIGER ISLAND 685N 26-27/03 01-04/04 09-1004 I TIGER PEARL 696N 30-30/03 06-0604 13-13/04 I TIGER SEA 697N 02-03/04 00-11/04 16-17/04 I TIGER BAY 698N 06-0&04 12-15/04 20-2004 I^ESSE^^^^voysmn^CALSl^l XPRESS SPORE 276 20-21/03 27-01/04 07-0804
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      959 53 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 XINGANG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong *****113 flmsQasiaonline.net Port Kelang *****40 flemGtm.net.my Bangkok *****42 kunthklo9fleth.co.tti Suraboya *****00
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      26 53 CONVENTIONAL-SERVICE VESSEL ETA ETD DESTINATION CHAHAYA VICTORY 22/03 23/03 JAKARTA. SURABAYA SOUTHERN QUEEN 25/03 27/03 BANGKOK CHAHAYA STAR 27/03 30/03 MONGLA JUBILANT 23/03 31/03 CHITTAGONG. YANGON
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      954 53 OOCL (Sinqopore) Pie Ltd CFS Kepoel Distrpk 79 kmmtmi #21-04 (5)*****6 8* 513 #01-128 f C J C* NO **********0H T.fc 272 7127 F« Ml* T«fc *****13 Fu 221 3942 F«i: 272 7#25 WW Orient Overseas Container line i«|iw/ (Malaysia) Sdn Bhd (Reg No: *****2-U) ffl PTTAUNG JAYA TW: 03-754
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      145 53 FULL CONTAINER SERVICE SIN PASIR QUOANQ SIN DAILY SAILINGS IVESSa I VOY I ETA PG IMY I VOY IgTAgW I DAY I Accepting UC cargo ft Reefer Container (SOO (COO AGENTS. SMOAPOM PANCON SHIPPING MARINE SERVICES PTE LTD. TEL: *****60 (6 LINES) FAX: *****32 Cm MO. **********0-W pasm quoano COMPASS
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  • Page 54 Miscellaneous
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      Page 54 Miscellaneous Column 1
      120 54 LEGEND R Thunderstorm Temperoture °q V Shower Weather Wind direction with speed in knots Rom Cloudy Sky Wov height re by arrows which Hy with the wind 0 One fun circle represents calm or hght and variable winds i__ One hoM tleche represents 5 knots L_ One full fleche repiesents
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      378 56 W'■ "'¥V«ysr< if w~~~ (X) BONK \StS»^ SSSSS udml leasM /cuhumpi guAurr AssiiuiD (SINGAPORE) LIMITED Cert. No *****-99-AQ-WN-UKAS WITH MORE THAN THREE DECADES of J| dedicated service to our customers, the MRrtHjf JWj -Jl ISO 9002 certified by Det Norske Veritas H k|A years u 311 ty Journey a a
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