The Business Times, 8 April 1999

Microfilm: NL21482
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 SThe BusinessTimes MITA (P) O-UVI2/98 85c SINGAPORE Internet: http://business-times.swial.com.sg/ THURSDAY, APRIL 8,1999
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  • Article
    MARKET SUMMARY
    65 1 □sn ma (+16.17) n R4H U t34J» (+5.28) fllupunimß U am (+2.70) QjUBRm STOCl KAKXET INDICES Wednesday Chance ttSBOHP HCJ7 -AM W®® MyBMM *74.71 HAJWSEN8 *****87 +64 L99 SETINDEX Mil +&71 JAKARTA COMP __J»J1 *4 MAI«U OOMP —2,970.17 +1*8 I TAIPEI WPI 7,1*81 -«.i SEOUL COMP I71M +463
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  • Article
    FINANCE
    73 1 fOBEX RATES 081 St L7K £(CSWJp«r£) —1JM 2.767 EMKXUBt/SfparE) LI7» LB72 DM L812 iJ|7 YEN ISM LOT Mf— 1806 1.467 HKI— 7.741 UM BAHI 17.77 0.04? KUP1AH *7* 0.020 St to M mi* PBDBBATB SINGAPORE* 5m KUALA LUMPUR 11 J* JAKARTA 2&M BANGKOK 14.76 MANILA nM HONGKONG TAIPH 8.80
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  • Article
    HKR scraps UIC deal, but new rival looms for Cho Yaw
    822 1  -  S&lim group says another potential foreign buyer has been found Zf Lee Han Shih [SINGAPORE] It's off. For Hongkong's Payson Cha, the UIC saga is over. For Singapore punters, there will be no takeover fireworks for now at least.
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  • Article
    HK leads Asian rally with 5% gain
    249 1  -  By] R Sivanithy [SINGAPORE] Regional stocks climbed further yesterday, led by a nearly 5 per cent liquidity-driven rally in Hongkong that powered the Hang Seng Index to its biggest one-day gain in six months. Good liquidity was also much in evidence in Singapore,
    249 words
  • Article
    KL's claim of $4.8b Clob loss seriously flawed: brokers
    596 1  -  Malaysia could have even gained from it, say some analysts From. Eddie Toh, Ven Sreenivasan BROKERS on both sides of the Causeway have questioned Malaysia's claim that it lost Ss4.B billion in foregone revenue because of trading of Kuala Lumpur stocks
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  • Article, Illustration
    Lock icon Grace under fire
    83 1 [LOS ANGELES] Premier Zhu Rongji, the first Chinese premier to visit the US in 15 years, addressing a gathering of business and community leaders in California on Tuesday. At a reception given by his Californian hosts, Mr Zhu was asked pointed questions about China's bulging trade surplus,
    REUTERS  -  83 words
  • Article
    Smart Money
    56 1 Perplexed by the calculations used in housing or car loans? Tomorrow, BT launches a new personal finance weekly called Smart Money which explains the nuts and bolts of such banking products in simple terms. This educational series is brought to you by Keppel Tat Lee Bank. Every Friday,
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  • Article
    Posh S'pore homes have gotten cheaper on a world scale
    440 1  -  Byi Corinne Kerk [SINGAPORE] Prime residential property in Singapore is the 10th most expensive in the world on a per square foot basis, but in terms of average unit price, Singapore has moved down from second position last year to
    440 words
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      136 1 mara Pig linn in Thailand Thailand reported its first suspected pig virus death yesterday even as two more deaths due to the Japanese encephalitis outbreak were reported in Malaysian's Negeri Sembilan state, Pgll n Hack Lick Stow JC-MPH management should come clean to shareholders, says Conrad Raj, P*2» V u
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      15 1 CCJj^ Traders'views, ■pgai Is It worth the time and money pursulno the ISO certification? 13-15
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      22 1 Market reports, Pgs 30-34 Why should Clob investors subsidise KL's loss? Pg 4 Full text ofM'sian White Paper on Clob, Pg 26
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      130 1 j Invented for you The Type XX Aeronavale chronograph has a doubly prestigious heritage. It is true to the inventive spirit of Abraham-Louis Breguet, "s^greatest watchmaker ever known. It is imbued also with the exploits of his designed by bo*it Dnguet k descendant, Louis Breguet, one of the great pioneers
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      6 1 Ranking by sale price, Pg 3
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon S'pore expected to be 2nd most dominant info economy by 2002
      579 2  -  It will jump from 4th place now to move behind the US, says new study By] Raju Chellam SINGAPORE will be the world's second most dominant information economy by the year 2002, surpassing Sweden and Finland, which are currently
      Source: IDC/World Times Inc  -  579 words
    • Article
      Qantas ready to defend Aussie market against Ansett
      272 2 QANTAS Airways will defend its dominance of the Australian domestic market against a new Ansett Australia, whieh will soon be halfowned by Singapore Airlines. Qantas has a 55 per cent share of the market while Ansett has the remainder. SLA chairman Cheong
      272 words
    • Article
      Processing of trade documents online to get a boost
      265 2  -  By' Toh Han Shih THE Singapore Trade Development Board (TDB) will implement by 2001 an improved system that processes trade documents online, TDB deputy chief executive officer Tay Thiam Peng announced yesterday at the opening of the Networld+lnterop computer networking event.
      265 words
    • Article, Illustration
      Lock icon 15% of firms return CPF cut
      321 2  -  EYE OH THE ECONOMY CPF By Audrey Tan SOME 15 per cent of companies, most of them multinationals, are giving back to their staff the 10 per cent cut in employer's Central Provident Fund (CPF) contribution, a survey by Watson Wyatt found. Another 10
      Source: Watson Wyatt  -  321 words
    • Article
      STMicro to help develop new W-CDMA chip
      377 2  -  It team ap with MSTB-fonM research centre By\ Teh Hooi Ling SINGAPORE is emerging as a hub for third generation mobile phone system research, with another agreement inked yesterday between the Centre for Wireless Communications (CWC) and STMicroelectronics Asia Pacific (STM). Under the
      377 words
    • Article
      M1 seals US$30m deal with Nokia to expand GSM network
      269 2 Move will allow Mi's GSM9OO to support 400,000 subscribers SINGAPORE'S second mobile phone operator, Mobile One (Ml), yesterday said it has signed a US$3O million (Sss2 million) deal with Nokia for the sixth expansion of its GSM network in Singapore.
      269 words
    • Article
      Matsushita Denshi, SIA, Cold Storage score on productivity
      373 2  -  They bag PSB's 1999 awards in strategy, service, training By\ Eugene Low MATSUSHITA Denshi saved $1 million last year, and became one of the winners or the Productivity and Standards Board's 1999 National Productivity Awards. MatsusHita saved the money by promoting the
      373 words
    • Article
      Most expensive properties
      233 4 How much they cost in top cities MNK COT BESTNERHBOURHOOO AV0WG£ AVERAGE OR STREET SOFT FHCE (usrooo)* 1 London Eaton Square 1,662 2,047 2 Tokyo SNbuya, Shoto 1,300 1,746 3 Hongkong The Peak 1,640 1,681 4 Parte 6th 7th 2.150 1,668 Arrondisement 5 Sydney Circular Quay, 1,555
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    • Article, Illustration
      EBRD signs first Sing dollar issue, hopes to do more
      408 4  -  European bank launches 5-year $150 m bond issne with HKslb issne By Siow Li Sen THE European Bank for Reconstruction and Development (EBRD) yesterday signed its inaugural Singapore dollar issue which it hopes will lead to many more deals. Isabelle
      408 words
    • Article
      Why should Clob investors subsidise Malaysia's loss?
      251 4  -  MAILBAG J P Bailey Singapore ACCORDING to your paper yesterday ("Malaysia lost $4.8b in foregone revenue due to Clob: White Paper"), there are 170,000 Clob account holders, mostly Singaporean retail buyers who invested in Malaysian shares in good faith, expecting a fair return
      251 words
    • Article
      All else being equal, paying COE by instalments would raise COE prices
      318 4  -  Toh Su Fen Deputy Director Corporate Communications Land Transport Authority JOHN M CARTER ("COE is a form of tax", BT, March 27) raised a number of issues on Singapore's land transport policy which require further explanation. The Vehicle
      318 words
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      315 2 Public Key Infrastructure: Its Role in E-Commerce Thursday, April 1999 9.00 am 12.00pm Auditorium 71, Science Park Drive, NCB Building, Singapore *****3 In the faceless world of Internet, a secure transaction is a key concern of businesses dealing in EC today, especially in cross border transactions. Information security is an
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      140 3 '\j H >' v jJ Vincent Li is now welcome' to rest IHlCathay Ffceme his weary bones at over 200 lounges AmericanAHnii worldwide, from five different airlines, no British airways matter which of the airlines hes flyinQ. canadi>n Airlines' How in the world does he do it? Loajwms revolves around
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      448 4 "v■i i t -1 *< -r >' J v +> /v* f u? *T. bp: **»v fr^yy, Lange's distinguished past. Lange's distinguished present. The cross of the Legion of Honour. The Lange 1: "Watch of the At the 1900 World Exhibition in Paris, Year 1997* in Germany. "A. Lange Sohne"
      448 words
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      231 5 You might call it the perfect '•'t &&?'V -j mRKJj&tx j a- pS."- jJ. marriage. MM# The coming together of two of TWO the world's leading insurance 1 >**>%, 'i\ 5 c...'-. J, J k f v < companies, Commercial Union and J~&#'- ,v V, .-v-'' "f* > 2 v
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      49 6 t M FRESH THROUGH JAPAN WITH ANA to 5 delicious USA destinations daily 'J -t P illP B- >?, Hi v- J -i 1 jAv: |y"fe: l r "V Vv,g f V *V V* IT' 1 HOMg& MMHMk Hf Hifl *T tS,^ V*3&* -«k. > ilj fipF rafew.- *i Is
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  • ASIA'S ECONOMIC SLUMP
    • Article
      E Asia recession will continue this year: World Bank
      1007 7  -  It sees positive growth next year bat s&ys balance of risk is on downside From. Anthony Rowley in Tokyo EAST Asian and other developing economies will continue to experience recession during 1999 following a dramatic plunge in output last year, says
      1,007 words
    • Article, Illustration
      Lock icon Central bank to help small Indon banks merge
      616 7  -  From I Sboeb Kagda in Jakarta INDONESIA'S central bank will play the role of a matchmaker in helping the more than 70 small banks in category A to merge in an effort to further consolidate the banking sector, said its governor, Syahril
      FILE PHOTO  -  616 words
    • Article
      Lock icon Danaharta unveils debt revamp rules
      236 7 Bloomberg, Reuters [KUALA LUMPUR] Malaysia's Pengurusan Danaharta Nasional Bhd, the state agency set up to clean up the country's bad loans, unveiled guidelines on restructuring debt as it looks to speed up new loan agreements. "These guidelines will promote transparency and provide the basis for
      Bloomberg,; Reuters  -  236 words
    • Article
      Lock icon Tarrin's facing growing pressure to let baht slip
      575 7 Calls building up for weaker currency to help sagging exports Reuters, Bridge News [BANGKOK] Thai Finance Minister Tarrin Nimmanahaeminda has resisted growing business and political pressure to let the baht weak- en to boost stalled exports, but analysts believe he might have
      Reuters,; Bridge News  -  575 words
    • Article
      Thai House passes bill to open up more sectors to foreigners
      404 7  -  Govt beats vested interests lobbying against bill From. Harish Mehta in Bangkok THE Thai government scored a major victory yesterday with the House of Representatives unanimously passing a landmark business law which gives foreigners greater access to previously-re-stricted business
      404 words
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      151 7 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TONG LIN MACHINERY PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that pursuant to Section 306 o( the Companies Act. Cap. 50 tha Final Meeting of tha m ambers of tha abovenamed company win
      151 words
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      213 7 Wc provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services arc available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
      213 words
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      2335 8 IMI UNITED OVERSEAS BANK LIMITED AND ITS SUBSIDIARIES II I I ,NCORPORATED ,N THE REPUBLIC OF SINGAPORE BALANCE SHEETS AS AT 31 DECEMBER 1998 Th,o H T l Th« Grouo The Benk N"" J2?Z_ «!L. n«» iw. SST SST shake capital 1000 s J 000 000 rooo j'ooo rooo $'000
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      1869 9 JUL UNITED OV€RS€AS BANK UMIT€D AND ITS SUBSIDIARIES II II l W TH€ KPUtIK Of taKMW) 1.».W NOTES TO THE FINANCIAL STATEMENTS -31 DECEMBER 199. I M 1 Th. G,.„p ,n. tol.o»to, a Group Tin link Th« Croup Th* Bank !*Z_ !«Z_ 1006 1997 law ,£T~ m, 1997 Provision for
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      2297 10 HII UNITED OVERSEAS BANK LIMITED AND ITS SUBSIDIARIES II I I "KMMXUTU IN THi HFUSUC 0# MttAMMC MOTHS TO TOE FINANCIAL STATEMENTS J) DECEMBER 199. 20 Off-Balance Sheet Financial Instruments (Cont'd) (b) The Bank Pereentega of paid-up capital hetd !»Z Bueineee Contract or Contract or a****- Country o# carried By
      2,297 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon First Thai death linked to pig virus
      448 11 BANGKOK Two more deaths in Negeri Sembilan bring toll to 91 Reuters, Bernama, Bridge News THAILAND reported its first suspected pig virus death yesterday even as two more deaths due to the Japanese encephalitis (JE) outbreak were reported in Malaysia's Negeri Sembilan state.
      Reuters,; Bernama,; Bridge News  -  448 words
    • Article
      Lock icon Anwar assault inquiry jumped the gun: minister
      390 11 KUALA LUMPUR Remark follows revelation of action contents in report Bernama [KUALA LUMPUR] Deputy Minister in the Prime Minister's Department Ibrahim Ali is unhappy over the revelation by the Royal Commission of Inquiry that it had recommended action to be taken against "only
      Bernama  -  390 words
    • Article, Illustration
      Lock icon Don't jeopardise E Timor talks: UN
      252 11 UNITED NATIONS AFP THE United Nations yesterday issued a new appeal to the East Timorese and Indonesia not to derail political talks but rejected a call for a UN peacekeeping force to stop violence. UN Secretary-General Kofi Annan was "seriously concerned by continuing reports
      AFP; REUTERS  -  252 words
    • Article
      Lock icon Up to 40 said dead in latest Indon outbreaks of violence
      374 11 JAKARTA Reuters, AFP ETHNIC and religious clashes killed up to 15 people in two strife-ridden areas of Indonesia, witnesses and local media reported yesterday. And in Dili, East Timor, later reports said that over 25 people were massacred. Fighting
      Reuters,; AFP  -  374 words
    • NOTE Book
      • Article
        Lock icon M'sia plans second property campaign
        71 11 AFX-Asia [KUALA LUMPUR] The government plana to hold another home ownership campaign by mid year to help boost loans growth, Bernama news agency reported, quoting Deputy Finance Minister Wong See Wah. The date and duration of the campaign have yet to be finalised. A month-long
        AFX-Asia  -  71 words
      • Article
        Lock icon Shift in policy on Khmer Rouge trial
        52 11 Reuters [PHNOM PENH] Cambodia will allow foreign judges and prosecutors to take part in the trial of Khmer Rouge leader TaMok to ensure the procees meets international standards* a government official said yesterday. The policy reverses Prime Minister Hun Sen's earlier stand on
        Reuters  -  52 words
      • Article
        Raffles Int'l to manage Bangkok hotel
        72 11 [BANGKOK] Raffles International said yesterday it will manage the Merchant Court Hotel at Le Concorde in Bangkok following an agreement with Thailand's Le Concorde Hotel Co Ltd. The 411-room Merchant Court Hotel at Le Concorde will open in two stages. Hie first 220 rooms
        72 words
      • Article
        Lock icon Vietnam to get US$1.2b ADB loan
        67 11 AFX-Asia [HANOI] The Asian Development Bank said it is to lend US$l.2 billion (SS2.I billion) to Vietnam from 1996 to 3002 under an assistance plan, but told the government to 1 pursue reforms, particularly in the financial and stateswned enterprise sectors. The plan is
        AFX-Asia  -  67 words
    • Article
      Lock icon Dr M responding well but will stay on in hospital: PMO
      327 11 KUALA LUMPUR Bine chips down on rumours that PlTs in far worse shape than indicated Reuters MALAYSIAN Prime Minister Mahathir Mohamad is responding well to treatment for bronchitis but will remain in hospital until he fully recovers, the Prime
      Reuters  -  327 words
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      130 11 she DUt IgjLi I I together gmffl financial package that exceeded t our expectations.' Different businesses need different solutions as and medium-sized companies in Singapore work they grow and their strategies change. Which is why with IFS. For domestic and export factoring, the professionals at IFS listen and tailor a
      130 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Clinton wants US support for China into WTO on right terms
      470 12 ZHXTS US VISIT Wrong for US to say no if Bering plays by the riiles, he says as Zhu begins tour AFP Bloomberg [WASHINGTON] Saying membership to the World Trade Organisation is "not a favour to China", President Bill
      AFP; Bloomberg  -  470 words
    • Article, Illustration
      Lock icon Zhu repeats vow not to devalue yuan
      193 12 LOS ANGELES Reuters CHINA'S premier and economic overseer Zhu Rongji on Tuesday reiterated Beijing's pledge not to devalue the country's currency, the yuan, while forecasting faster economic growth in 1999. "I state again that the Chinese renminbi (yuan) will not be devalued," Mr
      Reuters; REUTERS  -  193 words
    • Article
      Lock icon Dongfang top execs allegedly siphoned US$1m IPO shares
      274 12 SHANGHAI State audits show company doctored profit figures AFP THE recently-arrested chairman and three directors of Shanghai-listed Dongfang Boiler Co Ltd allegedly appropriated nearly US$l million (511.7 million) in shares at listing, the Shanghai Express reported yesterday. Audits by the state have
      AFP  -  274 words
    • Article
      Lock icon Completion of Three Gorges Dam in doubt
      149 12 BEIJING AFP CHINA is having serious second thoughts about finishing the multi-billion dollar Three Gorges Dam project because of mounting technical and financial difficulties, a watchdog said yesterday. "At no time since the first shovel hit the ground five years ago has the
      AFP  -  149 words
    • SINO Briefs
      • Article
        Lock icon 5,000 foreign developers in China
        55 12 AFX-Asia [BEIJING] Some 6,000 foreign companies are encaged in developing real estate in China, attracting about 4 button yuan (5J838.4 million) annually in overseas investment, the Xinhua news agency said. Most overseas fends have gone into residential housing, while luxury villa and office building projects
        AFX-Asia  -  55 words
      • Article
        Lock icon Fewer bonds for infrastructure
        63 12 Reuters [BEIJING] China is expected to issue fewer bonds this year for infrastructure spending as die economy is set to show signs of bottoming out, a senior government economist said yesterday. Last year, Beijing issued a staggering 100 billion yuan (5520.8 billion) in special bonds to
        Reuters  -  63 words
      • Article
        Lock icon Peking U, US varsities offer MBA course
        62 12 Reuters [BEIJING] A consortium of 36 US business schools joined hands with Peking University in the latest to cultivate a new generation of Chinese business leaders. Capping five years of preparation, the Beijing International MBA programme will open its doors to students in
        Reuters  -  62 words
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      85 12 Clinton in dilemma, Pg 22 11 DC A 1 T|AM E ElfC VI E our Express service to Wi WW HlflEf EVeKY TIME# the US, you can be sure that your packages will arrive on time, <z// f&e time. And you'll be assured of quality service that is trusted by
      85 words
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  • The ISO Edge
    • Article, Illustration
      Lock icon An indispensable tool for market players
      1046 13  -  It used to offer a competitive edge, but today the ISO certification has become necessary for companies to stay in the running, carol rare reports CAROL ENG TEN years after being introduced to Singapore, the ISO certification is becoming a prerequisite without which companies
      SIEW YAW HOONG  -  1,046 words
    • Article, Illustration
      ISO still in demand despite economic lull
      248 13 DESPITE the economic downturn, there is continued strong demand for ISO certification, said certification body Singapore Productivity and Standards Board (PSB). Citing figures for ISO 9000, the most popular ISO standard in Singapore, PSB said nearly 200 firms applied for ISO 9000 certification
      248 words
    • Article
      Stringent' standards that lead to qualitative gains
      418 13 ISO standards are technical specifications or other criteria which are to be used consistently as a yardstick or guideline for doing things. The standards were developed by the Geneva-based International Organisation for Standardisation, and are recognised by some 130 member countries. ISO has
      418 words
    • Article, Illustration
      Lock icon Taking the path of sure returns
      1156 14  -  After going through the ISO process, Tat Hong and Asiatic groups are convinced that the benefits of certification far outweigh the monetary costs and labour put in. carol emo reports CAROL ENG THE Tat Hong and Asiatic groups exemplify two companies that had embarked
      CHRIS LOH  -  1,156 words
    • Article, Illustration
      Lock icon ISO gives Chevalier's image a lift
      1010 15  -  jbmmxfer lien traces the company's journey to ISO certification and the benefits it is now reaping JENNIFER LIEN MAINBO A R D LISTED Chevalier Singapore Holdings may have come late to the ISO game, but it has not lost out, says its general manager
      SIEW YAW HOONG  -  1,010 words
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      327 14 ~W~ I "WT I A UsUKUiillrr^ A-' y\. H/ XV I\ I','TZXZ ®§JsL PI I Fax: (65) 281 1506 Partner for better CSP solution certificateno. aja*/i327 4 Certifying Our Belief in I Research Development The management Rexera Pte Ltd, a subsidiary of the Flextech Group, are pleased k to announce
      327 words
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      286 15 I AnestffigOiH^Gontinuous Strive I I i> pjJ I It is 9002 certification. Jt demonstrates the compass commitment towards pfoviginfl -'i I Nv,/ customer service to all its customers. It alscNynforces our strong belief in quality management system which is an important. "MA. -X H I mmm -g\ fVNewW continue to
      286 words
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      477 16 PETROLOG NAIGAI (SINGAPORE) PTE LTD I Office: No. 48 Toh Guan Road #04-03 Naigai Nitto Building Singapore *****7 I Tel: 565 5518 (10 lines) Fax: 563 0466 563 2722 ©gBb§ «5& I Warehouse: No. 10 Jurong Marine Base 45 Shipyard Road Singapore *****6 I PETROLOG Te1:268 1003 265 4724 Fax:26s
      477 words
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  • ASIA
    • Article
      Lock icon BJP lobbies desperately for support
      461 17 OOVBRMHEMT Df CRISIS Moves come amid growing opposition attempts to topple coalition government AFP. Reuters [NEW DELHI] India's shaky Hindu nationalists frantically lobbied for support yesterday to ensure the survival of their minority coalition amid mounting opposition moves to topple the government. Jagdish Prasad Mathur,
      AFP.; Reuters  -  461 words
    • Article
      Lock icon BOJ warns of risk of price deflation this year
      372 17 TOKYO FT JAPAN'S economy risks facing its first real bout of consumer price deflation later this year, because the prospects for economic recovery remain weak, Yutaka Yamaguchi, the Bank of Japan's deputy governor, warned yesterday. Mr Yamaguchi said: "There is reason
      FT  -  372 words
    • Article
      Lock icon US firms in Asia see revenues, profits growing this year
      376 17 SINGAPORE 65% of firms in stirvey plan expansion in region Reuters MORE than half of US firms based in Asia say corporate revenues will rise this year and almost half see regional profits growing, according to a survey of American
      Reuters  -  376 words
    • Article, Illustration
      Lock icon Playboy to get in on Asian ground floor
      243 17 TOKYO AFP ECONOMIC turmoil has delayed Playboy Enterprises Inc's plans to expand its adult magazine empire in Asia, chief executive Christie Hefner said here yesterday. But the daughter of Playboy founder Hugh Hefner said the firm had no desire to wait until
      AFP  -  243 words
    • Article, Illustration
      Lock icon Tokyo election risks embarrassing Obuchi
      539 17 LDP candidate for governor trailing behind AFP [TOKYO] Japan is witnessing one of the hottest races yet for the governorship of Tokyo, with Premier Keizo Obuchi running the risk of a major embarrassment. Interest has been fuelled by the desperate need for action over the
      AFP  -  539 words
    • Article, Illustration
      Lock icon Political uncertainty takes its toll on Indian economy
      476 17  -  NEW DELHI From Rajendra Bajpai in New Delhi INDIA is in the grip of yet another bout of political uncertainty with large question marks on the survival of a coalition government led by the rightwing Bharatiya Janata Party (BJP). AIADMK, a south
      Source: Bloomberg  -  476 words
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      210 17 MWt mmL FOR W-immi C9¥EKJU|PP m Ijijj k Q \V6d 1 Special Feature Shipping Times •27 April 1999 11 1 I Published in conjunction with the Each of these topics is of crucial Ml Oceanology International 99 Pacific Rim importance to the Pacific Rim Exhibition Conference, this special countries and
      210 words
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      2596 18 HIl INDUSTRIAL COMMERCIAL BANK LIMITED AND ITS SUBSIDIARIES 111 I (INCORPORATED IN THE REPUBLIC OF SINGAPORE) BALANCE SHEETS AS AT 31 DECEMBER IQQR Th <h ThslUnl, Th* Group Mn» Notea 1999 1997 Not** 1999 1997 1999 1997~ SHARE CAPITAL 000 5 000 000 00 ASSETS r#o rOOO tWO Ordinary shares
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  • THE WORLD
    • Article
      Lock icon Milosevic must comply with Nato demands: Clinton
      516 19 THE KOSOVO CRISIS Three captured US soldiers may be released soon, say Yugoslav officials Reuters AFP. Bloomberg [WASHINGTON] President Bill Clinton insisted yesterday that Yugoslavia must withdraw from Kosovo, allow refugees to return and permit an international force to enter the Serb province,
      Reuters; AFP.; Bloomberg  -  516 words
    • Article
      Lock icon WTO rules against EU banana regime: diplomats
      524 21 GENEVA In parallel case, WTO experts say US can slap USsl9lm sanctions on EU Reuters, AFP WORLD Trade Organisation experts have ruled that the European Union's new regime for the import and marketing of bananas breaks global trading rules and will have to
      Reuters,; AFP  -  524 words
    • Article
      Lock icon Oil prices seen climbing 20% to hit US$18 soon
      325 21 KUWAIT Bloomberg OIL prices close to an 11month high could gain another 20 per cent soon, though exporters would prevent a rise much above US$lB a barrel to keep idle oil fields from returning to use, Kuwait's oil minister said. Oil
      Bloomberg  -  325 words
    • Article, Illustration
      Lock icon Pern students make their feelings known
      88 21 [LIMA] Two young students holt} a dummy representing Alberto Fujimori during a protest in Lima on Monday. Students across Peru held rallies to protest the seventh anniversary of Mr Fujimori's self-coup—and to make sure the president knows they do not want him runningfor re-election
      AFP  -  88 words
    • Article, Illustration
      Lock icon Brothers are UK's richest Asians
      212 21 LONDON AFP TWO brothers whose company is valued at £1.3 billion (553.6 billion) were named as Britain's richest Asians in a list published yesterday. Srichand Hinduja, 63, and brother Gopi, 59, whose company has interests in finance, oil, industry and telecoms, topped the list of
      AFP  -  212 words
    • Article
      Lock icon UK February manufacturing output falls 0.1%
      330 21 LONDON Bank of England expected to lower interest rates Bloomberg, Reuters UK manufacturing output declined in February, the sixth drop in seven months, suggesting the Bank of England is likely to lower interest rates as soon as today to spur the sluggish economy. Output
      Bloomberg,; Reuters  -  330 words
    • WORLD Watch
      • Article
        Lock icon Bourse seat draws record US$665.000
        63 21 Reuters [NEW YORK] The American Stock Exchange said a regular membership seat on the exchange was sold on Tuesday for a record U*****,000 (Ssl. 15 million). The sale, between parties unidentified by the exchange, topped the previous record 0fU*****,000 set on April 1. Exchange seats
        Reuters  -  63 words
      • Article
        Lock icon Microsoft takes 9 US firms to court
        61 21 Bloomberg [WASHINGTON] Microsoft Corp accused nine US companies in Maryland and Virginia of illegally distributing bootleg copies ofthe software gianfs übiquitous Windows computer operating system. The world's largest software maker said it filed seven lawsuits in Maryland and two in Virgin!* as put
        Bloomberg  -  61 words
      • Article
        Lock icon Russian newspaper to start soon
        71 21 AFP [LONDON] Publishers of The Wall Street Journal, the Financial T*imes and The Moscow Hmes yesterday announced that they plan jointly to launch a Russian-language business newspaper in August The new publication, for which a name has not yet been chosen, will employ 20 Russian
        AFP  -  71 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      2471 19 JUL INDUSTRIAL 6 COMMERCIAL BANK LIMITED AND ITS SUBSIDIARIES II I I INCORPORATED M THE DEPUSUC 0T SINMPOM NOTES TO THE /INANCIAL STATEMENTS 31 DECEMBER 1996 Singapore Government Treasury BUI* and Securities, Other Government Securities and Dealing Securities (cont'd) (d) The movements in provisions for diminution in value of Singapore
      2,471 words
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      Page 20 Advertisements Column 1
      3060 20 IMI UNITED OVERSEAS FINANCE LIMITED AND ITS SUBSIDIARIES II I I INCORPORATED IN THE REPUBLIC OF SINGAPORE BALANCE SHEETS AS AT 31 DECEMBER 1998 I profit AMP. n»a™» H.CW FOR THE YEAR ENDED 31 DECEMBER 1998 IW7 1W 1997 Not— HW 1997 IW 1997 G Comoanv rooo $000 rooo rooo
      3,060 words
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      Page 21 Advertisements Column 1
      1008 21 lIH UNITED OVERSEAS FINANCE LIMITED AND ITS SUBSIDIARIES Mil (MCMtKMATEDWTNEKPUtUCOr SMMKMf) 16 Loans and Advances (cont'd) 20 Interest Income 25 Provisions The Group The Company The The Company Tbs Oroup and The Company 1996 1997 1W 1997 ~~l*B 1997 lis* IwT~ 2E_ vv soo rooo rooo Tio. iST" f£T $'000
      1,008 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Why US should riot deny China entry to WTO
      907 22  -  THB BOTTOMLIKE OPINION By Jeffrey Garten The writer is dean of the Yale School of Management and a former US undersecretary of commercefor international trade NYT AS THE rage over China's alleged theft of American nuclear secrets continues to seethe in
      NYT  -  907 words
    • Article
      IN OTHER WORDS
      84 22 'We dealt with Stalin for years and years. We deal with the North Koreans.' US State Department official when asked whether the US would deal directly with President Slobodan Milosevic of Yugoslavia. This speech of mine might not be able to win me a doctor's degree, but
      84 words
    • Article
      A silver age challenge for S'pore
      712 22 EDITORIAL TODAY'S baby boomers, now in their late 30s and 40s, will likely still be calling the shots in society in 30 years' time. And that's just one of many positive changes —as well as challenges—facing older folks in Singapore and elsewhere in the
      712 words
    • Article, Illustration
      Lock icon Clinton in dilemma over trade deal with China
      1069 22  -  Top advisers split on whether to make a broad agreement in return for admitting China into WTO By David Sanger NYT in Washington US President Bill Clinton struggled on Tuesday night to decide whether to strike the broadest trade agreement in Chinese-American
      NYT; REUTERS  -  1,069 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      1030 22 KEEPING Nato's 19 members united in their determination to confront Slobodan Milosevic has been a difficult challenge for US President Clinton, and it got harder on Tuesday. Belgrade's declaration of an Orthodox Easter ceasefire in Kosovo, coupled with an errant Nato bombing raid on the Serbian
      1,030 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Tom Yam Tarrin anyone?
      551 23  -  Novelty eats could be just the thing for crisis-hit Thailand, say amchalee koettsawamo ANCHALEE KOETSAWANG Reuters YONGSAK Srichanth is serving up novel dishes at his Bangkok restaurant that he says will help Thais forget the bitter taste of the worst economic crisis in decades. Think Tom
      Reuters  -  551 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      596 23 Where to wine, dine and entertain... t Engage in ballroom (lancing to rock 6i roll, tango, samba and romantic evergreens at Singapore's favourite nostalgia pub, Club 5 two. $12 weekend cover charge and dance tips every Tuesday from 8.30pm 10pm and every Thursday from 9pm 10pm. Operations Hours: 6pm to
      596 words
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      Page 23 Advertisements Column 2
      81 23 SHthe m Btralian© ■durmet I^WTNE ADVENTURE 1-30 April 1999 I Secretaries' j I Week Special j Featuring a specially j H choreographed fashion show H from Australia HI 19 23 April 1999 12noon 2.30pm Mandarin Ballroom, $46 nett per person Reservations: 831-6288 i HI Orcturt Raid Smgapore *****7 W: 737
      81 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1112 23 CRYPTIC CROSSWORD 1 Kather Conservative? Well done! (5,5) 9 Nothing on record showing P® i j Hi company emblem (4) 10 Kindergarten for aspiring ac- 11 —H —Km —Hi Brown, naturally (6) JHL___PI^H|HL__PHHL_Hh__ 12 Drinks may be served on this 12 I P3 14^M15 Individual effort by Scotsman, 6 a
      1,112 words
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  • MOTORING
    • Article
      COE premiums seen heading south
      652 24  -  Most car traders expect premiums to go lower in the longer term, due mainly to the increased quota, as Christopher tam reports CHRISTOPHER TAN CAR COE premiums are expected to trend downwards this year, with some dealers seeing rates sliding to as low as $20,000-$25,000,
      652 words
    • BUMPER to BUMPER
      • Article
        Deal reached on Rover aid package
        90 24 BMW and the UK government have reached in-principle agreement on the size and nature of an aid package that will secure production of the new mid-sized Rover at tongbridge. Details erf the accord, which still hinges on approval from the European Union and BMW
        90 words
      • Article
        New BMW S-series drives sales up
        95 24 BMW sales in the first quarter were 7 per cent higher at 178,000 units than the previous corresponding period, largely on the back of the new 3-series. In March akme, •ales ofthe3*eries exceeded 52,000 units, up 36 per cent. The 5-serieedipped t050,000 units; while
        95 words
      • Article, Illustration
        Your own road ad-visor
        94 24 IRIUS Technologies, a provider erf turnkey wireless networks ofpaging and data applications, has launched a new real-time traffic information device. Called Skipper, < the device looks like a regular sun viaor and is compatible with any vehicle. It displays customised napping of a given city and
        94 words
      • Article
        Opel Zafira to come in H2?
        53 24 OPEL dealer ST Auto is trying to bring in the Zaflra seven-seater in the second half this year. It is also timing the ftcelift Vectra for the tail-end of the year. Meanwhile, it has shelved plans for the one-litre Corsa after initial marketing efforts
        53 words
      • Article
        Opel's two-year rail-roadshow
        37 24 OPEL goes on a roadshow this summer—by raiL The Opel Millennium Express will go on a two-year journey through Europe. It win showcase the 100-year-old car maker's history as well as possible future directions.
        37 words
      • Article, Illustration
        Personalising the Porsche
        70 24 AS if a Porsche isnt already special enough, owners are turning to the car maker's Exclusive department for customisation. Phan a steering wheel made of burled maple to a chrome tail pipe to something as fantastic as leather-covered slats In an aircon vent, the department delivers up
        70 words
      • Article
        Ford wins for knowlwdge sharing culture
        37 24 FORD Motor Co has won the "Best Practices" award from the American Productivity and Quality Center. The car company was honoured tor its "Innovative performance in creating a knowledge sharing culture".
        37 words
      • Article
        Transport show starts Sept 16
        49 24 CITYTRANS Asia '99 is scheduled for Sept 16-19 at the Singapore Expo. The annual transportation event will incorporate Interautomotive Asia '99, an exhibition for automotive engineering, original equipment manufacturers and auto services. About 200 exhibitors are expected to take part For details, call 297-^22.
        49 words
      • Article
        Bangkok launch for auto trade fair
        50 24 ASIA Automotive, a trade fair for the auto industry in South-east Asia, will have its inaugural launch in Bangkok on Nov 22-28. The event will showcase auto parts, original equipment manufacturers, commercial vehicles, special-purpose vehicles, and industry services. Contact Hannover Fairs Asia on 220-7833.
        50 words
      • Article
        Flobal logistics conference in Antwerp
        71 24  -  OoaqriMbjr Christopher Tan FARTHER away, Global Automotive Logistics 99 will be held in Antwerp on Nov 17-18. Dedicated to the business of supply chain management in the auto industry, the conference and exhibition will tackle issues such as needs of newly-merged groups which will be
        71 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      141 24 63rd MASTERS THE COMPLETE STROKE-BY-STROKE COVERAGE UVE ON SCV. M I m 1 J1 Tiger Woods 1997 Masters Champion I w ;> I T ife, t t 5 ■s i Mark OMeara David Duval J 998 Masters Champion World N 1 Hottest Player on Tour STAR Sports and SCV proudly
      141 words
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  • COMPANIES & MARKETS
    • Article
      New covered warrants' premiums defy logic
      554 25  -  A case of not understanding Deutsche's covered bank warrants By] R Sivanithy [SINGAPORE] Stock market punters yesterday demonstrated that they did not understand Deutsche Bank's new covered warrants on the local-tranche shares of DBS, SIA, OCBC arid UOB when they paid premiums of up
      554 words
    • Article, Illustration
      Lock icon SES move to liberalise fund raising gets the thumbs up
      562 25  -  Companies can react faster to market conditions observers Reports by Ven Sreenivasan, Siow Li Sen [SINGAPORE] The liberalisation of rules on fund raising will allow companies to react faster to changing market conditions, but will not have an immediate impact
      FILS PHOTO  -  562 words
    • Article
      JG-MPH management should keep shareholders informed
      620 25  -  HOCK LOCK SIEW Conrad Raj IT has been more than seven months since Jack Chia-MPH appointed a financial adviser ostensibly to enhance the value of the company through some kind of restructuring. But, to date, the company has provided very little information to shareholders
      620 words
    • Article
      Stock option moves draw flak
      512 25 [SINGAPORE] Attempts by some companies to renew or extend the expiry dates of their employee stock options have drawn some flak from market watchers. A key criticism was whether the move made for sound corporate governance. One senior fund manager said: "It is a reward
      512 words
    • Article
      Goldtron takes Russia's Most Bank to court
      370 25  -  By\ Conrad Raj [SINGAPORE] Contract manufacturer Goldtron Ltd has filed a claim for US$l7 million (5529.4 million) against Russia's Most Bank in the Arbitration Court of Moscow for failing to honour demands on bank guarantees issued by the bank in favour of Goldtron.
      370 words
    • REGIONAL COMPANIES
      • Article
        Hong Leong's Guoco to raise 5.7b pesos
        311 26  -  Listed Philippine unit to sell non-core assets, issue foreign bonds From Al Labita in Manila A LISTED unit of Malaysia's Hong Leong group is raising an unprecedented 5.7 billion pesos (***** million) in fresh funds to bankroll expansion projects and pay debts. Guoco
        311 words
      • Article
        Malaysian White Paper on Clob
        449 26 On Sept 1, 1998, the KLSE introduced several new measures, among others, relating to trading of listed securities, new disclosure requirements, off-market business and its clearing and settlement, new issues of securities, deposit of share certificates and withdrawal of securities so as to achieve the
        449 words
      • Article, Illustration
        Lock icon Colex launches IPO of 25m shares at 12c piece
        310 26  -  Waste disposal specialist raising $2.6 m from listing Hy\ David Boey [SINGAPORE] Waste disposal specialist Colex Holdings, a wholly-owned subsidiary of listed Bonvests Holdings, has launched its initial public offer of 25 million new shares at 12 cents apiece. Colex managing
        CHRIS LOH  -  310 words
      • Article
        Strong interest for Supercomal IPO
        323 26  -  From. Diana Oon Abdullah in Kuala Lumpur EARLY indications of interest for Supercomal Technologies, the first listing on Malaysia's new stock exchange, Mesdaq, have far exceeded the number of shares on offer, less than a week after the issue of the company's prospectus. The company,
        323 words
      • Article
        SIA Local soars on covered warrants speculation
        330 26  -  By l Clarissa Tan [SINGAPORE] SIA Local, the local tranche of Singapore Airlines shares, soared to a one-year high yesterday as investors speculated on the covered warrants that have been issued on Singapore Airlines. The counter shot up as high as 45 cents,
        330 words
      • Article
        Teamsphere: bulk for smaller investors
        208 26 [SINGAPORE] Investors who applied for between 1,000 and 19,000 Teamsphere shares will receive 54.9 per cent of the public tranche of the initial public offering, which was subscribed 28 times. Those who wanted between 100,000 and 499,000 shares will get 21.4 per cent. Of the
        208 words
      • COMPANY Briefs
        • Article
          Higher shareholding in YHS Hougang
          69 26 [SINGAPORE] Yeo Hiap Seng has increased Its shareholding in wholly-owned YHS Hougang from $2 to II million consisting of one million shares of $1 each. This was carried out through an application and allotment of an additional 999,996 ordinary shares of $1 each. The new
          69 words
        • Article
          Intraco replies to SES query
          164 26 [SINGAPORE] In response to a query from the Stock Exchange of Singapore, Intraco said group operating profit in 1998 for its engineering and project division fell 32 per cent to 12.9 million in spite of a 17.2 per cent rise in turnover due to lower
          164 words
        • Article
          CSC issues 10m warrants to Citibank
          114 26 [SINGAPORE] CSC Holdings has issued 10 million warrants to Citibank in Singapore. The warrants have an expiry date of four years from the date of issue and each warrant entitles the holder to subscribe far (Hie new ordinary CSC share of 10 cents each.
          114 words
        • Article
          Tamban Shipping to sell vessel
          63 26 [SINGAPORE] Pacific Carriers unit Tamban Shipping will sell its vessel, M. V. Ikon Tamban, to Alkaros Shipping Company Ltd for US$l.7 million (552.9 million). Completion of the sale takes place around the end of next month, and the transaction will not have any material effect
          63 words
      • Article
        Singatronics holder sells 12.5m shares
        257 26  -  By, Jennifer Lien [SINGAPORE] A substantial shareholder of Singatronics Ltd has sold a huge block of its shares, sparking heavy frenzied trading in the counter yesterday. Eastgate Investment Pte Ltd informed the company that it sold 12.5 million shares at 40 cents each on Tuesday,
        257 words
    • INTERNATIONAL COMPANIES
      • Article
        British Telecoms unveils 20% stake in Hongkong's SmarTone
        614 27  -  BMMMMwmimwßJimißaßwww Giant pays HKs3b for 120.78 m new shares; becomes 2nd shareholder From Quak Hiang Whai in Hongkong BRITISH Telecommunications (BT) took a step closer to the Greater China telecoms market yesterday when it unveiled a 20 per cent stake in Hongkong-listed
        614 words
      • Article, Illustration
        Lock icon Robotic catch
        73 27 {TOKYO] Yuuji Terada, a researcher of Japan's Mitsubshi Heavy Industry showing off an artificial fish shaped coelacanth which can swim just like the real fish at the company's laboratory in Hiroshima on Sunday. The robotic coelacanth, wearing silicone skin and equipped with video cameras on its eyes, can
        AFP  -  73 words
      • Article
        Lock icon Nissan faces 580b yen pension shortfall
        306 27 But latent guns on mm ff., i, w miwillhib aencn FT [TOKYO] Nissan Motor, the troubled Japanese carmaker that signed a strategic alliance with Renault last month, has a 580 billion yen (518.3 billion) shortfall in its pension reserves, according to the French carmaker.
        FT  -  306 words
      • COMPANY Briefs
        • Article
          Lock icon Disckson may sell some non-Asian assets
          38 27 Bloomberg [HONGKONG] Dickson Concepts International Ltd, a Hongkong-based luxury goods retailer, said yesterday it bmqt son some of its assets outside Asia and asked that its shares be suspended from trade. —Bloomberg
          Bloomberg  -  38 words
        • Article
          Lock icon AT&T to raise minimum monthly fee
          47 27 Bloomberg g [NEW YORK) AT&T Corp, the No IUS long-distance phone company, is raising to US$3 its minimum monthly p for residential customers, to help cover the US$3OO million (*****.3 million) AT&T loses annually on m supplying service to them. —Bloomberg
          Bloomberg  -  47 words
        • Article
          Lock icon BICC to sell Energy Cable units
          40 27 Bloomberg [LONDON] BICC Group Pk, the world's No 3 cable > maker, hat agreed to sell its Energy Cable units to General Cable Corp for £275 million (Ss7s7.Bmillion) as m pert of its reorganisation. Bloomberg
          Bloomberg  -  40 words
        • Article
          Lock icon China Strategic gets telecoms offer
          34 27 AFX-Asia [HONGKONG] China Strategic Holdings Ltd said it has receivedabid approach ftom an unnamed party for its 66.86 per cent interest in listed Star Telecom International Holdings Ltd* -AFX-Asia
          AFX-Asia  -  34 words
      • Article
        Lock icon UK's biggest cable firm in talks with Telewest
        286 27 CWC, 53% owned by Cable Wireless, says its early days Reuters [LONDON] Cable and Wireless Communications Pic (CWC), Britain's biggest cable company, confirmed on Tuesday it was in early talks with arch-rival Telewest Communications Pic about the possible transfer of businesses. Shares
        Reuters  -  286 words
      • Article
        Lock icon MCI WorldCom 'in talks to acquire Nextel'
        328 27 Bloomberg [MCLEAN, Virginia] MCI World Com Inc. the No 2 United States long-distance phone company, is in talks to buy nationwide wireless phone company Nextel Communications Inc. people familiar with the companies said. Nextel has hired Morgan Stanley Dean Witter Co and Lazard
        Bloomberg  -  328 words
      • Article
        Lock icon Mitsubishi Motors, Mazda forming alliance: report
        93 27 Bloomberg [TOKYO] Mitsubishi Motors Corp, Japan's fourth-largest automaker, will form a business alliance with Mazda Motor Corp, an affiliate of Ford Motor Co, the Nihon Keizai newspaper said, without citing sources. As a first step, Mazda will sell its Bongo commercial vans to Mitsubishi,
        Bloomberg  -  93 words
      • Article
        Lock icon Intel CEO and top executives took home less pay last year
        573 27 Executive bonuses linked to company's net EPS wtick was down 14% in 1998 Bloomberg [SANTA CLARA, California! Intel Corps top five executives, including chairman Andrew Grove and chief executive Craig Barrett, saw their pay Call last year as the
        Bloomberg  -  573 words
      • Article
        Lock icon UBS plans to sell 60% of real estate
        243 27 Bloomberg [Zurich] ÜBS AG, Europe's largest bank, said it plans to sell about 60 per cent of its Swiss real estate by the end of 2000 and use the proceeds to expand asset management ÜBS plans to sell 310 of its 500
        Bloomberg  -  243 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Deutsche Bank to raise 3b euros in share sale
        361 28 It plans to sell 80m shares to help finance acquisition of Bankers Trust Bloomberg [FRANKFURT] Deutsche Bank AG, Europe's secondbiggest bank, is raising 3 billion euros (555.6 billion) through a share sale to help finance its acquisition of Bankers Trust Corp.
        Bloomberg  -  361 words
      • SMALL Change
        • Article
          Lock icon Bangkok Bank issue raises 46b baht
          84 28 AFP [BANGKOK] Bangkok Bank has raised 46 billion baht (Ss2.l billion) from the market and raised its capital adequacy ratio to far above the central bank's requirement. BBK president Chartsiri Sophonpanitch said the issue of Capital Augmented Preference Securities (CAPS) had raised the bank's
          AFP  -  84 words
        • Article
          Lock icon HSBC unit to buy 67% off Malta bank
          79 28 AFP [HONGKONG] Global banking giant HSBC Holdings pic said yesterday that its wholly-owned British subsidiary Midland Bank was in talks to buy a 67.1 per cent stake in Malta's Mid-Med Bank from the Maltese government Mid-Med is the largest commercial bank in
          AFP  -  79 words
        • Article
          Lock icon BankAm renames private bank unit
          80 28 Bloomberg [ST LOUIS] Bank America Corp, the biggest US bank, has changed the name of its wealth management unit to Bank of America Investment Management from Private Investments to identify it more as a money manager.The unit, part of Bank of America Private Bank, acts
          Bloomberg  -  80 words
      • Article
        Lock icon BNP pursues bids despite SocGen, Paribas boards' rejections
        481 28 Target banks to push on with their friendly merger Reuters [PARIS] BNP will pursue its goal to create a banking group with Paribas and Societe Generale even though the boards of the two banks on Tuesday formally rejected its bids, BNP's chairman
        Reuters  -  481 words
      • Article, Illustration
        Lock icon Soros, Robertson hedge funds lose investors' money
        464 28 Quantum net assets fell 16% in Ql, Tiger Management assets down 8% Bloomberg [NEW YORK] Hedge funds run by billionaires George Soros and Julian Robertson have been losing money for investors so far this year. Soros Fund Management's US$6.9 billion (Ssl2 billion) flagship
        Bloomberg; FILE PHOTO; Source: Bloomberg  -  464 words
      • Article
        Futures rise to a new high
        210 29  -  m—m Reports ltfgfgf TnAwr Bob Butcher, Jardine Fleming YOU were early and bought the opening in the MSCI Singapore Index futures or you missed the boat yesterday. The lead April contract opened at 233.9 which was seen in retrospect as the low price of
        210 words
      • Article
        Futures slide in tandem with Taiex
        188 29  -  MSCI Talma Moras Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures dipped slightly by 1.6 points in the April '99 contract while the Taiex lost 28.1 points in yesterday's trading. The day started off with a lower opening of 0.6 point
        188 words
      • Article
        Lock icon Oil prices down as US data show only small decline in stocks
        246 29 ENERGY REPORT Reuters [LONDON] Oil prices fell yesterday after weekly inventory data from the United States failed to show an expected decline in crude and petroleum product stocks. Benchmark North Sea Brent blend traded 32 US cents a
        Reuters  -  246 words
      • Article
        Lock icon CURRENCY REPORT
        317 29 Reuters, Bloomberg London THE euro stalled against tne dollar yesterday, mesmerised by speculation that the European Central Bank could deliver its first interest rate cut at its policy meeting today. Thirteen of 25 economists polled by Reuters expect the ECB to trim its refinancing rate from 3 per
        Reuters,; Bloomberg  -  317 words
      • Article, Illustration
        Untitled
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        1,050 words
      • Article
        Untitled
        1618 29 8I00M WITUMBS Apr 7 RUBBER (fetum cios**} a *t 5J0p») KS1C0NTMCT(lc»ta/M) Qom VofaM OfM MMtfc Mfb tw S#tt (tomes) hrtmct May 99 mOO 775 JW99 102.25 250 Jul 99 103.50 200 Aeg 99 105.25 200 S«f 99 106.75 200 Oct/Otc 99 108.75 OS RSS 3 CONTRACT (US cmb/kQ) Mm OpM
        1,618 words
    • Article
      WORLD STOCK MARKETS
      1719 30 LOMDOMT V „#i Mutitti *pr7 Na* *h 31 Croup 6.55 0.26 A B Foods 4.22 0.10 A B Port* 2.77 -0.02 AHM Oornocq 4.65 0.04 AMad 2urlch 8.96 0.11 Anglo Amarlcan GoM 3170 0.60 ASOA Croup 147 -0.02 Bank of Scotland B.B9 0.09 Barclays 19.55 a 75
      1,719 words
    • Article, Illustration
      Lock icon HONGKONG
      1256 30 AFP FlHangSeng +54L89 HONGKONG share prices surged 4.9 per cent in postholiday trade yesterday to hit their highest level for more than a year, propelled by strong foreign buying, dealers said. "The market is coming to life, after good performances in Wall Street, London and Tokyo, during the holiday
      AFP  -  1,256 words
    • Article, Illustration
      Lock icon CHINA
      496 30 Reuters flShenfaenß Index +124 SHENZHEN'S hard currency B shares closed up 4.32 per cent yesterday, taking heart from higher than expected 1998 earnings at blue-chip Konka Group, analysts said. The B shares rose 2.24 points to 54.02, on active turnover of HK522.4 million compared with HK$9.O million on Thursday
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  496 words
    • Article
      Lock icon TAIPEI
      353 30 AFP fIWP Index -28J TAIWAN share prices closed 0.4 per cent lower yesterday as investors stayed on the sidelines due to a lack of new buying incentives, dealers said. "Investors took to the sidelines because there are no incentives to drive up share prices," said Flora Lin, dealer of
      AFP  -  353 words
    • Article
      Lock icon TOKYO
      1535 30 AFP HWkMMS 4U| TOKYO'S key stock index rose 0.5 per cent yesterday to close at its highest level in nearly nine months as foreign investors propped up the market after returning from Easter holidays, brokers said. Capital inflows from overseas investors flrmly supported the market's downside while profit-taking capped
      AFP  -  1,535 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8337 31 Transaction date :Apr7 MOVSTMAU 1919 Last Vol d«v n*« r M L— C imp any Sale -OOO High Lpw Pfz $1M 3)0 255 AJinomoto 270 unch I 270 270 14 9 109 4 83 46 Angkasa 65 -1 2 65 65 95 6 283 220 ApoUo Food Hlg 220 unch
        8,337 words
      • Article, Illustration
        Lock icon Shares take a breather after recent gains
        381 31 AFP, AFX-Asia n Composite ladei -QJ36 SHARE prices ended 0.1 per cent down yesterday but off their lows as local buying interest offset profit-taking, dealers said. The KLSE weighted Composite Index fell 0.36 of a point to finish at 556.57. The Second Board
        AFP,; AFX-Asia  -  381 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        New covered wrts up for wrong reasons
        230 32  -  WARRANT WATCH -By] R Sivanithy INSTEAD of looking at a potential buy or sell candidate today, perhaps a better idea would be to highlight the "unfortunate" debut yesterday of Deutsche Bank's covered warrants on the Local tranches of SLA, DBS, OCBC and UOB.
        230 words
      • Article
        Untitled
        2125 32 bonos, loans WARRANTS S2-WH Last Vai Day Last Ouata A»9 High lw Stna Company Sate ♦y- POOP) High Lai Bggf Sa««f 18 3 I 3160 A Acar ******1 US$ 14.5 -1 217 14.5 14 14 14.5 27 4.5 s 3164 Acma ******4 20.5 -0.5 1153 22 20 20 20.5 20
        2,125 words
      • Article
        CLOB INTERNATIONAL
        225 32 fir fir M-*> Lad* VM Day Lad* Oust* Of* OK YW Nat M Cap xm> Law Stna C.mpany »<M COOP) Law >gr S—f CV >/t >»i 235 173 5123 COL (2000) HK 230 cd 232 5 8 2 4 X5 118 4453.2 5124 Cathay Pac 20c HK_720 cd
        225 words
      • Article
        Lock icon WELLINGTON
        285 32 AFP Q Wellington -3034 NEW Zealand stocks fell 1.4 per cent yesterday as aggressive morning selling of major issues pushed back potential buyers for the rest of the day, dealers said. The NZSE-40 Index closed down 30.24 points at 2,104.94, on very small turnover of NZ$6B.7 million. —AFP *r?
        AFP  -  285 words
      • Article, Illustration
        Lock icon BANGKOK
        906 32 AFP P SET Index ♦8.71 THAI shares closed up 2.5 per cent yesterday on a technical rebound with investors taking their lead from firmer regional markets, dealers said. Analysts said trade was range-bound with some buying on the foreign board and support from bargain-hunt-ing in banks and finances. The
        AFP  -  906 words
      • Article
        Lock icon SEOUL
        376 32 AFP yiOompoMtelalai +C 63 SOUTH Korean share prices closed one per cent higher yesterday as institutional buying extended the latest market upswing, dealers said. The Composite Index closed up 6.63 points at 673.36. Volume was 317.3 million shares worth 3.31 trillion won. Rises led falls 516 to 283, with
        AFP  -  376 words
      • Article
        Lock icon SYDNEY
        634 32 AFP 43 SHARE prices fell 0.1 per cent yesterday, despite another strong performance from Rupert Murdoch's News Corp, brokers said. The All Ordinaries Index softened 3.3 points to 3,029.6. The All Industrials Index gained 8.1 points to 5,463.7. The All Resources Index slipped 17.7 points to 1,034.2. Turnover totalled
        AFP  -  634 words
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        Lock icon JAKARTA
        702 32 AFP Index +0.4 INDONESIAN share price closed slightly higher yesterday with the rise of selected large caps and a number of second-liners capped by prof-it-taking in pharmaceuticals, dealers said. "The market was not that bad today it edged up a bit," an analyst with a regional brokerage said. He
        AFP  -  702 words
      • Article
        Lock icon MANILA
        320 32 AFP □Moit +2&81 SHARE prices closed 1.3 per cent higher yesterday in anticipation that interest rates would fall and monetary controls be loosened following an easing in the inflation rate, analysts said. The Composite Index rose 26.81 points to close at 2,070.17. Turnover rose to 1.93 billion shares worth
        AFP  -  320 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7173 33 Transaction date: Apr? I Or Cr M Wt M-Wk Last Vol Day Lest Quote Dlv 01* Yld Net Cap Avg Htqh Low StNo Com pony Solo COOP) High Low Buyer Sollor C'vr P/E Smll Prke HUtTI-IIIOUSTRY '28 17.S m b 1000 Acma 50c 79
      7,173 words
    • Article
      SESDAQ
      1361 33 Or Or M wt S2-Wk Last Vol Day LMt Ouot# Dlv Otv YM Mdt Cap Ay* Hlgh_ Low StNo Company Solo 000) High Lo» Buyor SoHor Cw P/E SmM Prtco MANUFACTURING 195 30 c 2049 AS Auto 10c 99 -1 1631 *02 98 98.5 99 13 N 7 13
      1,361 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        344 34 Stocks Votunw Singatron 20c 39,251.000 JC-MPH WtOO 21,302.000 Frt Links 20c 17,549,000 STEngglOc 16,327,000 JC-MPH 13,799,000 inno- Pac 20c 13,753,000 Hotunglnv NT5 13,497,000 DBS Land 11,524,000 SemfcCorpI 25c 11,426.000 Hotel Prop 11,264,000 Stacks DBS Foreign 57,659,992 SIA 35,247,100 U06 Foreign 33,153,000 DBS Land 31,595,500 OUB Foreign 26,737,604 STEnggWc 26,203,790 City
        344 words
      • Article, Illustration
        Blue chips surge further as buying gathers momentum
        603 34  -  STOCK MAUBT COMMENTARY Also in the limelight are small caps as players rush to re-rate stocks amid improving sentiment By R Sivanithy LOCAL blue chips extended their rally into a third consecutive day yesterday as liquidity swelled to one of its highest
        603 words
      • ON THE GRAPEVINE
        • Article
          Not all top-ups welcomed
          91 34 ONE would have thought that with property values having plunged, banks would be quite relieved when borrowers offer to top up their housing mortgages. After all, there were those horror stories last year about banks demanding top-ups, pushing some borrowers to the wall In the process.
          91 words
        • Article
          Selling UOB shares
          100 34 RECENTLY there was a spate of sales of United Oversea* Bank shares by three senior officials and two UOB group companies—United Overseas Land and Haw Par. The officials were Nancy Tey SweeNal, Ronald Lim Cheng Aun and Lam Bin Thun, all directors of unlisted .v; i companies
          100 words
        • Article
          Tily profit
          110 34 AND speaking of share sales, David Lawrence, head of Marco Polo Developments, hassoldalmost *B hit Marco Polo shares which he accumulated from July to December last year. Company records show Mr Lawrence sold 560,000 shares at an average price of $2,383 on April 4, leaving only 2,000 shares
          110 words
        • Article
          Bigger discount ?
          124 34 Bigger discount TALK about economic leakages. We reported last week how the Hongkong government and the non-profit organisation Better Hongkong Foundation were trying to encourage Hongkongers to spend their tax rebates in the local economy through tie-ups with retail outlets in the territory Discounts on purchases would be offered to
          124 words
      • Article, Illustration
        HOT STOCK
        63 34  -  ■i* Ven Sreenivasan SINGAPORE Airlines has been soaring skywards in recent weeks on strong volume. The counter has broken through its $8.50 resistance level but is now deep in overbought territory. It could meet some turbulence in its attempt to reach its next target at $10.00. However, it
        63 words
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      88 25 >itf rouMoofc Three months Into 1999 and the outlook for major container shipping Hnes has brightened, with signs of freight rates picking up, Shipping Timet Pg 1 way people fully on flexible terms. Your company can be operational in Singapore or 3 choice J infrastructure, leading edge I technology and
      88 words
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      276 26 Success With Small Business ourrF« Chan PakChuen ISBN 981-04-1116-2 April 1999 5519.00 This book imparts critical experience to small business owners who would otherwise R usl ne'ss have to leam the hard way. A Must Read For All Aspiring Entrepreneurs. You will leam: How to Identify the right business opportunities,
      276 words
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      330 27 EXECUTIVE APPOINTMENTS COUDERT BROTHERS A International Attorneys Coudart Blathers. founded In Maar York Cft)r In 1853, It m laadb* International lav firm aritfi 26 offlcw aorMMda. Due to strong business growth in our regional practice, our Singapore office, established in 1972, requires enthusiastic lawyers who are dent oriented with a
      330 words
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      171 28 Step out witk your colleagues at Singapore s Biggest Event an Win! t A great time is in store for you and your colleagues at The New Paper Big Walk. It's the participants. Plus a chance to win a Nissan Sunny 1.5 EX(M) (without COE and insurance) and pe ect
      171 words
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      32 31 Classified First. Want to get a laptop? Or simply get computer savvy? Log on to the best site: Check The Straits Times Classified First. 1 CATS Buy It Sal It Had It.
      32 words
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      68 33 Citibank Margin Trading Account Trade up to 2.5 times your share value or withdraw CASH on it. Call 339-7126 now. THE C I T I NEVER SLEEPS It I .111 ili < n .1 I I Sli»•iil ii ii 2(> S <>rili.i i (I Kit,i it 2 1 liimi ii
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      1333 34 What did your broker do for you today 7 Our clients get something new everyday DBS Investor Online. 438-1188-SSI )USBANK NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 4 ARMSTRONG INDUSTRIAL CORPORATION LIMITED NOTICE OF AMENDMENT OF DATE OF CLOSURE OF TRANSFER BOOKS AND REGISTER OF MEMBERS
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      Page 34 Advertisements Column 2
      337 34 IN THE MATTER Of THE COMPANIES ACT (CAP. 50) AND IN THE MATTOt Of SING CHOW PACKAGING PTE LTD (IN LIQUIDATION) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held at 112 Robinson Road 2-00 DBS Finance Building Singapore *****2 on 31 March 1999
      337 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      285 35 Bridge News Reuters TRADING was still generally sluggish and although some brokers had expected to see some increased activity this week, hopes are now fading. Panamax rates continue to weaken in both the Atlantic and Pacific. The rate for a light grain cargo from the US Gulf to
      Bridge News; Reuters  -  285 words
    • Article
      MARITIME STOCKS
      280 35 mi wemmm *F7 ij CWT (Attribution 0.62 0.02 268 ChuanHup 0.70 unch 225 Coaco Invastmant—0.S5 -0.01 44 rraigbt Unks 0.20 0.02 ***** G8noMnga 0.42 -0.01 46 Hal Sun Hup 0.52 unch 376 IMC HoMngs-HK —5.60 unch 0 Jaya holdings 0.71 -0.02 660 Jurona Shipyard. 735 0.25 426 KappafCorp
      280 words
    • Article
      Major lines expect rates, volumes to pick up this year
      619 35  -  Asia's trade imbalance beginning to ease, little additional capacity expected By Marcus Hand [SINGAPORE] Three months into 1999 and the outlook for major container shipping lines is beginning to look a bit brighter with signs of rates picking up and
      619 words
    • Article
      Lock icon Lankan shippers slam higher THCs
      140 35 Reuters [COLOMBO] Sri Lankan exporters slammed shipping companies for increasing terminal handling charges (THCs) this year and said a freeze on further hikes is unlikely to help declining growth in exports. Foreign shipping lines operating in Colombo have agreed to freeze further in- creases in
      Reuters  -  140 words
    • Article
      Asian yards may soon join Europe's cruiseship club
      714 35  -  NEWBUILDS By\ David Hughes POR a long time now almost all cruiseships have been built by a select group of European yards. These include France's Chantiers de l'Atlantique, Germany's Meyer Werft, Finland's Kvaerner Masa yards, Italy's Fincantieri, Spain's AESA and one or
      714 words
    • Article, Illustration
      Lock icon Aids to port safety & design
      1054 36  - Aids to port safety design ROLE OF TUGS Increased technical and operational capabilities of tugs have consequences for port design and operation H,/. Johan de Jong The writer is head of consultancy and training at the Dutch marine department Lots of things have changed in the role of tugs in
      FILE PHOTO  -  1,054 words
    • Article
      SHIPPING SCHEDULES INDEX
      216 36 PACE ECL 5 ACL 6 6 ANl 3 FoongSun 8 8 Accord 8 Clink 4 Appenship 5 Gemartrans 8 Austral 8 H«ngli 7 Balaji Shpg 4 Hanjin 3 BSA 7 Heung-A 4 B'tang Mas 8 Hyundai 7 CCNI 7 ICFS 3 CMA 8 Interasia 7 COSCO 5
      216 words
    • Article
      SHIPPING GUIDE
      17316 43 THEBUSINESSTIMES EXPORT CTA ETA Advertiser Vess el Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number lt/04 27/04 Evergreen HANJIN CHEJU 441 65-392HH To ABIDJAN (ABJ) 2003 Cote O'lvoire */04 13/05 cosco luobahe ooioe 16/04 24/05 Setramar
      17,316 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        798 47 Vessel Voy No Berth Arrival Departure AmSanutera 3 »ongs,0* 08.04/2300 KT OVW M 07.04*900 Mo 0ri4«i« 04/99 J2J tUlEi M 04/0200 I, w *****9 J01 <l«|f'l" Oa 04/0200 JH 08-04/2300 £2! «W9P J13 MW/OW Mt, 2/99 JIT akmgsid* 08-04/1300 K l*yM Us 0499 J15 08.04/0500 IMon 03/99 J03
        798 words
      • Article
        CONTAINER SCHEDULES
        1876 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Bookinq/Bolonce Rstls Ship Voy No Etb/Btr Period From To From Ac« MtM 0071 09/0700 l« 06/15M 06/1659 06/l*>0 II 04/1500 06/1659 06/1900 2* 06/1700 07/0659 07/0900 21 06/1700 07/0659 07/0900 3 07/0700 07/189 07/1400 4 07/1200 07/M59 07/1700 tut**) 9909
        1,876 words
      • Article
        GLOBAL HOLIDAYS
        193 47 Apr 0 Greece: Orthodox Good Friday. Apr 12 Greece: Orthodox Easter Monday. Apr 17 Brunei: Hijrah Anniversary of Royal Brunei. Indonesia: First Day of Muharam. Malaysia: Awal Muharram. Apr 28 New Zealand: Anzac Day. Apr 26 Australia: Anzac Day Holiday. Apr 29 Japan: Greenery Day. Apr 30 Denmark:
        193 words
      • Article
        COCKETT BUNKER MARKET REPORT
        766 47 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 mar ket. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change
        766 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        514 47 Carbon 180 Mm 998.1 1.4 18.4 0.09 59 0.07 y Ar ft Density Hater Residue Ash Aluminium Mlntnt No above E25 2 1 15 0 =21i2 =£2—212—2!!22 3 BO Ave 98S.i OJ 12.9 0.06 38 0.02 380 MM 994.2 U 18.9 0.11 250 0.06 v/v m/m
        514 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Japan's vehicle sales lowest in 12 years
        267 48 Financial Times [TOKYO] The collapse in consumer demand amid Japan's longest postwar recession sent new vehicle sales plunging to their lowest levels in 12 years last financial year, according to figures released yesterday by the Japan Automobile Manufacturers Association (Jama). In the 12
        Financial Times  -  267 words
      • Article, Illustration
        Lock icon Asia-Pacific air traffic bucks rising world trend
        437 48 Passengers passing through Asia-Pac down 5.6%, though world average rose 2.9% last year AFP [GENEVA] World air traffic rose an average 2.9 per cent in 1998 for passenger flights and 1.1 per cent for freight, the Airport Council International (ACI) said. But performance
        AFP; FILE PHOTO  -  437 words
      • Article
        Lock icon Long term, BA may start solely business-class flights
        320 48 Bloomberg (LONDON) British Airways pic, Europe's No 1 airline, said it could introduce busi-ness-class only flights on peak routes within Europe in the long term, a move that would help boost flagging earnings. The carrier has "no plans at the moment" for
        Bloomberg  -  320 words
      • Article
        Lock icon All six crew killed in Turkish Airlines plane crash
        281 48 Reuters [ANKARA] A Turkish Airlines jet crashed in southern Turkey early yesterday, killing all six crew on board, the state-run Anatolian news agency said. No passengers were on the plane which had taken off from the city of Adana to bring
        Reuters  -  281 words
      • Article
        Lock icon Garuda holds talks on US$1b debt
        219 48 Reuters [JAKARTA] Indonesia's debtridden state airline Garuda Indonesia said yesterday it has held several meetings with creditors on debt amounting to more than US$l billion (551.72 billion), but no agreement had been reached yet. "There was understanding from creditors at those meetings," Garuda's finance
        Reuters  -  219 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1857 48 fUCHT CT* FU6MT OB LH6374 1450 0f5 2250 MM* BA7381 1930 BA7382 2055 S0325 1450 SR9689 2250 0f81 1930 0F82 2055 LHT78 1605 IH6373 2355 AN8229 2230 ****** 1605 $026 2355 LH6380 2230 S***** 1605 LH779 2359 $0229 2230 8A7306 1815 N***** 2359 kmttrim K1837 1455
        1,857 words
      • Article, Illustration
        Lock icon Asian fuel prices likely to stay high due to supply shortages, Nato bombing
        595 48 Reuters [SINGAPORE] Soaring jet fuel prices in Asia are not likely to come in for a hard landing in the near term due to unexpected supply shortages and a surge in demand, oil traders said on Wednesday.
        Reuters; FILE PHOTO  -  595 words
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      22 35 Role of tugs: Aids to port safety and design Increased capabilities of tugs have consequences for port design and operation. Page 2
      22 words
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      Page 35 Advertisements Column 2
      151 35 CLARKSON ASIA PTE. LTD. Is seeking to recruit a Clarkson Asia comprises the Asian offices of the H. Clarkson Group based in London. Clarkson Asia is committed to providing the highest quality Ship Broking and Shipping Services throughout Asia and to expanding and developing our capacity within Asia to offer
      151 words
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      Page 35 Advertisements Column 3
      216 35 Asia-Pacific air traffic bucks rising world trend Passengers passing through Asia-Pac down 5.6%, though world average rose 2.9% last year. Back Page Singapore will again play host to IMDEX ASIA at Above below water Platforms the World Trade Centre from 4-7 May 1999. Simulation Training Sonar Sensors This exhibition conference
      216 words
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      Page 36 Advertisements Column 1
      192 36 Keep in Touch jmmmr www.nykline.com Bwpr When you need answers fast: Whatever, wherever and whenever you ship between Asia, North America and Europe, you're always in touch with NYK with Real-Time Shipping Information SENLIM AGENCIES PTE. LTD. 133, Now Bridge Road. #06-09. Chinatown Potnt A S pore *****3. Tat *****00
      192 words
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      Page 36 Advertisements Column 2
      784 36 Lines services represented f-ffOV-l y Members ot the Registry ol Accredited Shipping Agents 2/ Singapore Shipping Association Members of the Singapore Freight Forwarders Association SEMBAWANG KIMTRANS (S) PTE LTD CONVINTIONAI SUVICtS A, SINGAPORE to BATAM, BINTAN, KARIMUN r SINGAPORE to BANGKA ISLAND A SINGAPORE to CILEGON iTncl SAMARINDA/BAUKPAPAN/BANJARMASIN TO SINGAPORE
      784 words
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      1140 37 SAX SIRVKi (DIRECT) vcsa wt I swra lux loklmilhou lot loot wa> I m m <fIG WgT Ot(K 07/04 22/84 27/04 21/04 21/04 27/04 28/04 21/04 W/04 29/04 0101 14/04 27/04 04/05 04/05 05/05 04/05 05/05 05/05 06/05 06/05 awtmouobi 0241 21/04 06/05 11/05 11/05 12/05 11/05 12/05 12/05 13/
      1,140 words
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      Page 37 Advertisements Column 2
      2216 37 OHANJIN SHIPPING Llk F1 i.MiEwlpUa -S*s *****30 HANJM SHIPPING (S) PTEUD h* //mm. hap cm MOKING *****35 737 SAIB *****24 23S DOCUMENT *****71 274 OPHATKHfi MAIN UME *****55 HI ******0 ONO **********0 M TO NW USA A CANADA USA CAHMYT FM VSI/VOY MM SM IMHAIR/VOY SEA WW 081 PCX ON
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      Page 37 Advertisements Column 3
      444 37 rasa w_ _si|i_ re m an ii a ini KMTC PROVIDES MTCUISAII WS 01/ M W/M 11/ M 13/ M 14/ M KMTC C£IUW6 WSS OOH M/M JOSH 07/ M 11/ M IVM IS/M 14A4 AID UPC A PI II HWMMSIMIH _WH_ M/M U/M JVM »/W 11/ M nCuULAh DKLAWDULW
      444 words
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      1180 38 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANCANADA jena. wv_ tm im htm ww haw wv fu vtmi Ivor pT pit tn fos vie mtb J2II 22 5" 22 M MT*O«IM*TO« WMTII 19 04 KOB MM MM «M ~WM 122]! 11 04 WWII 22 M MM 11 M UN ISM 23 M
      1,180 words
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      Page 38 Advertisements Column 2
      691 38 Clfilf. MM COHTR LINES, INC V p. ouoancl (07) *****2® CJVvJ CMNOMMMTOONOM BSU: (084) ****** f MANLA: (832) *****24 TSSSSiSSSrr SUiUUUY^ISSo ft KELANQ: (08) *****77 JKT (21) 8B081Q71MDM: |H) *****3 KUCHINQ (082) *****1-8 CALCUnA MADRAS MV "ASIAN LINK" V.912N MV "SEA MARINE" V.SMNOS7 ETA SIN: 10-4-99 ETA SIN: 15-4-99 LAIM
      691 words
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      Page 38 Advertisements Column 3
      485 38 LINE By Tlti M»»4M HUb IMH 11 MUARA j LABUAN 1 vissa vor cto em vrssa vor no eta SPOtE MUARA STOtf UN JPROSPB VOTE/99 01/04 11/04 JPROSPB VO7I/W M/ 04 12/04 (Atm mm vm/n u/04 is/04 caiakajto vooe/w 12/ M u/m jpwspb wm/n u/04 ji/04 j nova vok/w u/04
      485 words
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      1494 39 [VESSEL VOY SIN PKQ PEN PQB PUB DAM SHJ BA I BIK IRAN TEYFOURI PJLI34O 12/04 21/04 22/04 23/04 25/04 27/04 IRAN BAAKERI PJLI34I 19/04 28/04 29/04 30/04 02/05 04/06 IRAN SHAHRIAR PJLI344 25/04 05/05 06/05 07/05 09/05 11/05 IRAN BAABAEI PJLI34S 03/05 12/05 13/06 14/06 16/05 18/06 lIRAN TAKHTI
      1,494 words
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      Page 39 Advertisements Column 2
      2297 39 Hr#«t Cells Kob« (6 Days), N«|oya (7 Days), I SINGAPORE'S GENERAL AGENTS: 6 SNENTON WAY TEL 226 1900 FAX: *****0* OUTWARD (1/lF^ COSTAR SHIPPING PTE LTD 117-osdisbidg sales/bkgs 4205A57/60 inward dot (d/ 0) 4205/ss COSTAR AGENCIES (AR) SDN BHD CUNO: l)7»7«tt)OOOM TOWER TWO (06M09) CONVENTIONAL *****50/S5 T/SHPRAT PCPT *****2S TEL
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      1299 40 K/SCAWOWAVIA/yiWLAWD/RUSSI* E DIVINE RW 004 flMul M/U. P E LHV LHV P RDI A W HW P* l SGP ED ADEM RJoos ?!22 5125 ®2 /05 04/06 05/06 E "EPUTE REQI6 11/03 13/03 12/03 14*3 16/03 06*4 09/04 E OA*2TY RW IttO 2S/D4 0/06 V.™ "5 L ROU RE °M
      1,299 words
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      Page 40 Advertisements Column 2
      969 40 Ar P ADVANCE CONTAINER LINES (PTE) LTD L~ TEL: *****21, FAX *****19 TELEX R*****0 ACLPL KM BOOKINGS PUASi CAUi *****22 SALES MARKETING *****2128 OPERATIONS: *****0 a *****05 CR NO. **********0E iAWMK >Wmrtli> "T JAKARTA.(7 T vEssa Ivor «n kk vtssa vor I sn I jkt YANTKA BHUM (PAT) 285N 8/4
      969 words
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      Page 40 Advertisements Column 3
      446 40 ma. NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vtssa "vot sw plu out m en to GOUX* WAGON tOUS IS/04 24/04 21/04 31/04 02/05 NAMIAIQUB* VO34S 24/04 04/DS 01/05 11/05 12/05 14/0$ MANUIWAGOW *0135 OS/P5 14/05 11/05 21/05 22/05 ~T~ mmivaus VQ34S n/os 24/05 21/05 31/05 01/ M
      446 words
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      487 41 J|Mi M* MYANMA PUH FIVE STAR LINE W (Myanmar Notional Lino) Loading for Yangon (Rangoon) vessel vor sin nu pen pgu CHIN SHWI HAW V22W SU) MALAYSIA AGIMTS: BOUSTEAD SHIPPING AGENCIES KUL TU (03) *****00 PKL TIL (03) *****01 PEN: Til (04)*****02 PGU: «l (07)*****21/4 BANK LINE (A strvict of
      487 words
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      Page 41 Advertisements Column 2
      1179 41 JjYUNDAI MERCHANT MARINE CO., LTD. I.HHI W| I «|"H HJ IWI Ilea ml sun I«I«mIw I uw I m I la. $2 M/M M/Si M/W NM 29/04 mummAL 31* 15/03 20/03 17/03 U/OJ T" 08/04 30/04 21# HTWGHNESS 316E 17/03 24/03 20/03 23/03 "/04 k/m n** 2/m mm 7 04/05
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      Page 41 Advertisements Column 3
      932 41 V W| t ipaoaind outocamer, Wilhelmsen Lines TO NORTH AND LATIN AMERICA *RORO HEAVYUFT SERVICE" IVKSR I VOT IRAMF I HEIGHT |W LAX CRI MIA SAV Ml QKf NTC NEW MO> !I2 400 6 3 '2/04 ~M7oT 18/05 21/05 m7oT m7oT 2670T»70r oT7or 0376T~ 400 Tow 6.3 M 26/04 25/05
      932 words
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      1568 42 ■ANQKOK/MAPTAPHUT/LASMCHAIIAMO j AKAWTA/PAN JA HQ VESSEL VOY SIN BKK MTP LCH~ VESSEL VOY —SIN JKT~~| —PJN~" tSEIr VZ 10/04 OURU BHUM 09/04 11/04 !rm HTAOI7 R 11/04 AKA BHUM 340S n 14/04 r_ 13/04 ANRO JAYAKARTA* 562 io?04 13Md XETHA BHUM 278N 11/04 14AM u, D du 1 CHANA BHUM**
      1,568 words
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      50 43 STaf|Dial74o-6000 Oil G€ITI3nO —mmJ (Retrieve more schedules!) s j& Press "1" JCV Select the port and key in ?tl the four digit code JB eg: To New York (NYC) 2275 Key in your fax number I your phone number Another innovative service offered by The dOCUment Will be SHIPPING TIMES
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      35 45 New Advertisers/Services/Agencies naascoi SHIPPING LINE LIBYA BENGHAZI TRIPOLI See Our Ad On PG 12 OCENUS SHIPPING AGENCY PTE LTD NEW GUINEA PACIFIC UNE Our Schedules Are On PG 5 H SWIRE SHIPPING AGENCIES PTE. LTD.
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      20 45 ORIENT PACIFIC CONTAINER UNE Look Up Our Schedules On PG 4 NEWSHIP AGENCIES CHECK OUT THIS SPACE FOR NEW ADVERTISERS
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      Page 46 Advertisements Column 1
      133 46 mmmMm FREE Rpddpr Enquiry Sptvicp cut out and Fax to: 65-*****29 p Need HELP or INFORMATION on the following? (please tick relevant boxes) I SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination:— Cargo Volume: Special Requirements: i ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      132 47 Regio^ LEGEND: R Thunderstorm Temperoture c X\ y Shower Weather Wind direction with speed in knots Ram Cloudy Sky Wove he '9 h Surface winds are indicated by arrows which fly with the wind One fun circle represents calm or light ond vonoble winds One holf Heche represents 5 knots
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