The Business Times, 16 April 1999

Microfilm: NL21483
Total Pages: 60
1 60 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 04tV 12/98 SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, APRIL 16, 1999
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  • Article
    MARKET SUMMARY
    65 1 □sn 17ML13 (+3.40) njT-su mm §7103 (4.15) SIMSCI FUTURES 347J0 (-1.60) BHAKXETIiOOD; Mixed STOCK HAKXET INDICES Thursday Change KLSE COUP HI 59 +179 NIKKEI 18,727.06 -37.8 HANGSENO *****23 +128.1 tBTWDEX Cfcnd JAKARTA OOMP 447.48 1152 MANILA COMP _2J7758 +856 TAIPEI WPl 7,4*17 +9952 SEOUL OOMP 722.91 +348 CLSA
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  • Article
    FINANCE
    80 1 FOREX KATES uss SI USS 1.691 £(DSS/S$per£) 1.614 2.729 EUIO(U8$/S$ per E) 1.079 1.825 D»_ 1-812 0.933 YEN 11&8 1.424* RM 1800 0445 HKf 7.760 0.218 BAHT 1756 0.046 RUPIAH 8,666 0.020 •St lorn Wins PUME BATES SINGAPORE* 6.825 KUALA LUMPUR .11.50 JAKARTA 28.00 BANGKOK 14.75 MANILA 52.90 HONGKONG
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  • Article, Illustration
    Hong Leong, Wing Tai in major property deal
    722 1  -  CDL, Hong Realty to take stakes in Burlington Square worth $64m By) David Boey [SINGAPORE] Listed property developer Wing Tai has roped in City Developments Limited (CDL) and Hong Realty as partners for the residential and office components of its Burlington Square
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  • Article
    Property stocks power ahead
    531 1  -  Slide in interbank rates adds fizz to 'panic-panting' By R Sivanithy, Siow Li Sen [SINGAPORE] A dip in interbank rates yesterday fuelled hopes of a cut in prime lending rates, sending Singapore property counters rocketing. What had looked like a price correction after recent strong gains
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  • Article
    Habibie is Golkar's man for president, say sources
    632 1  -  From Shoeb Kagda in Jakarta INDONESIA'S ruling Golkar party has decided to field incumbent President BJ Habibie as its sole candidate for the November presidential elections but it is not ready to make public its decision just yet, sources involved in the
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  • Article
    Non-S'porean likely to head new stock-futures exchange
    589 1  -  Global search for CEO has yielded several candidates By i Catherine Ong [SINGAPORE] The merged stock and futures exchange of Singapore, to be launched at the end of the year, is likely to be headed by a foreigner, industry sources said. BT learnt
    589 words
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      143 1 dispe SPH interim down 18% Dragged down by the economic downturn, Singapore Press Holdings yesterday posted a 17.8% slide in interim net profit to $139.7 m, Pg 19 AQgreen IPO Allgreen Properties is positioning itself as the second largest listed residential play after CityDev, with hopes of benefiting from the
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      12 1 Alarket reports, Pg 2& 30 Built-in or built-up? CityDev suit dismissed »pg3
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      138 1 Magma -'c.y-' mm jbt\ Electric sunroof Leather upholstery P g es Dual 2.0/ DOHC engine Boot space large enough RjflP or go'f hags Pre-tensioner front seat bc,ts 3-point. shoulder/lap seat belts all round Side impact beam 5 bead restraints Safety first: the MAGMA TripU-H structure is built to withstand the
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  • PARLIAMENT
    • Article, Illustration
      Lock icon Coming: MAS real estate investment trust guidelines
      285 2  -  Legal guidelines will allow Reits to be set up within yean industry watchers Reports by* Anna Teo, Audrey Tan THE Monetary Authority of Singapore (MAS) will issue a set of guidelines for real estate investment trusts (Reits) "in due course", National Development Minister
      FILE PHOTO  -  285 words
    • Article
      Former Istana Kg Glam residents to be resettled
      301 2 Scheme of payments to Sultan Hnssain's family to change THE government will resettle occupants of the former Istana Kampong Glam and make changes to the state's annual payments to the family of the late Sultan Hussain, Law Minister S Jayakumar said in
      301 words
    • Article, Illustration
      Lock icon BG Lee: Local banks will become stronger as sector is liberalised
      389 2 Any bank mergers as a result of opening np sector won't hit SMEs' credit lines THE government is confident that the local banks will upgrade themselves into strong players over the next five years as the banking sector is
      FILE PHOTO  -  389 words
    • Article
      Employers' CPF default rate up slightly
      294 2 THERE was a slight rise in the number of employers who defaulted on Central Provident Fund (CPF) contributions last year. An average of 1,389 employers per month did not pay their employees' CPF contributions for two consecutive months in 1998 or a 1.5 per
      294 words
    • Article, Illustration
      Govt not involved in SIA's Ansett bid
      182 2 THE government is not involved in Singapore Airline's decision to buy a 50 per cent stake in Ansett Australia, Finance Minister Richard Hu has said. "SlA's decision to acquire a 50 per cent stake in Ansett from News Ltd is made based on
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    • IN Brief
      • Article
        Help for traders to switch to frozen pork
        109 2 THE government will help pork traders switch to selling chilled and frozen pork, as imports oflive pigs from Malaysia may not be forthcoming "in the immediate ftiture", National Development Minister Lim Hng Kiang said yesterday. The ban on live pig imports from
        109 words
      • Article
        Technopreneurship findings in Q3
        92 2 A PRIVATE sector committee set up to review existing rules and regulations to facilitate technopreneurship will announce its initial recommendations in the third quarter, Second Minister for Trade and Industry George Yeo said. He said rules must be changed to "reduce our social cost of failure".
        92 words
      • Article, Illustration
        Automated collection of toll charges
        94 2 COME January 2000, the collection of toll charges and the vehicle entry permit at the Woodlands Causeway and the Tuas second link will be automated, and motorists will be able to pay the fees using cashcards, Minister of State (Communications) John Chen said. With the
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      • Article
        Four bills passed
        32 2 FOUR bills were passed yesterday: Parliamentary Elections (Amendment) Bill; Criminal Law (Temporary Provisions) (Amendment) Bill; Private Hospitals and Medical Clinics (Amendment) Bill; and Administration of Muslim Law (Amendment) Bill.
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      • Article
        New ways to authenticate ballot papers
        64 2 THE Parliamentary Elections (Amendment) Bill provides for, among other things, the authentication of ballot papers by new means instead of by perforators. Each ballot paper will have a serial number, which raised the issue of secrecy of the vote with a few MPs. Home
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      101 2 Best Buys on Traditional Furniture A fine selection of fully imported traditional favourites from Italy, Spain, UK USA for Home Office. Also Dining Tables, Chairs, Sideboards, Showcases, Consoles etc available in Mahogany, Walnut Ash, at Substantially Reduced Prices. Jm Executive Armchair Leather (Also Study 4 Visitors Chairs) Executive (Various Sizes)
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      10 2 No decision yet on banking shares: BG Lee, Pg 3
      10 words
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      34 2 Classified First. Want a home with a sea view? Or simply seeking a new nest? Make the right move: Check The Straits Times Classified First. CATA 5 Buy h. Sdl It. Find It. 6
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Leaving it to the very end...
      81 3 [SINGAPORE] Procrastination is something the taxman knows only too well. The Inland Revenue Authority of Singapore thus set up a booth outside Revenue House yesterday to collect income taxformsfrom motorists who chose to submit theirs on the last day for submission. This has become
      SIEW YAW HOONG  -  81 words
    • Article
      No consensus meaning for term 'built-in' area, court rules
      728 3  -  Suit against CityDev dismissed; industry urged to find acceptable definition By < Corinne Kerk A HIGH Court judge has determined that there is no consensus meaning for the term "built-in" area, and since it is imprecise, suggested that the property industry
      728 words
    • Article
      Statements made in plea bargaining inadmissible: CJ
      410 3  -  flj/i Conrad Raj VOLUNTARY statements made by a person or his counsel in plea bargaining negotiations with the attorney-gen-eral, in connection with any investigation into an offence or any criminal proceedings, is inadmissible against that person at any trial, the High Court has
      410 words
    • Article
      Lock icon No decision yet on banking shares: BG Lee
      362 3 The Straits Times [LONDON] The long-awaited package of measures to free up the banking sector will not include recommendations on what to do with bank shares, Deputy Prime Minister and Monetary Authority of Singapore (MAS) chairman Lee Hsien Loong said. Dampening market
      The Straits Times  -  362 words
    • Article
      1998 total household income grows at significantly lower rate
      486 4  -  Bnt savings go up as growth in income outpaces rise in expenditure: DOS By. Eugene Low AS a result of the region's economic slump, total household income in Singapore grew at a significantly lower rate in 1998, according to figures released
      486 words
    • Article, Illustration
      Lock icon Private homes remain as affordable in Q1 as in Q4
      315 4  -  3-7% price rise offset by lower mortgage rates, easier credit By Marissa Chew PROPERTIES for sale in the first quarter of this year*were as affordable as in the previous quarter, and *his helped to sustain good take-up of properties. The
      Source: Jones Lang LaSalle  -  315 words
    • Article, Illustration
      Lock icon US electronics orders up 6%
      311 4  -  EYE ON THE ECONOMY Electronics By. Jennifer Lien GROWTH in new orders for electronic components in the US slowed in February to 6.05 per cent after strong growth in January and December. In seasonally-adjusted, year-on-year terms, February's tally compares with January's revised 19.1 per cent
      Source: US Commerce Dept  -  311 words
    • Article
      Council members approved moves: ICPAS
      455 4  -  MAILBAG Tan Boen Eng President ICPAS I REFER to the article "Battle looms at elections to accountants' body" by Soh Tiang Keng (BT, April 15). I wish to make the following clarifications as otherwise it may give a misleading impression to your readers. Firstly, one
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    • Article
      Odd impression from Ishihara article
      446 4  -  Hiroshi Hashimoto Ambassador of Japan to Singapore THE opinions expressed by Mr Anthony Rowley in the The Bottom Line column, "Region should keep wary eye on Ishihara", in BT, April 14 coloured by stimulus wording such as "a danger of Japan's political processes being hijacked,
      446 words
    • Article
      Bonvests not hiving or selling off Colex
      332 4  -  Lawrence Kwan Company Secretary Bonvests Holdings Limited WE refer to the letter from Denis Distant under the heading, "Colex IPO: Bonvests holders want in" (BT, April 7). Bonvests' wholly-owned subsidiary, Colex Holdings Limited, is issuing 25 million new shares in conjunction with its
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    • NEWS Roundup
      • Article
        Lim Swee Say joins PSB
        72 4 NATIONAL Trades Union Congress deputy secretary-general Lim Swee Say has bean appointed deputy chairman of the Singapore Productivity and Standards Board from April 1, PSB announced yesterday. A PSB board member since Oct 17,1996, Ire replaced Ho Ching, who stepped down after serving the board
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      • Article
        Wanted: Good packaging designs
        95 4 APPLICATIONS for the Singapore Star Award 99 are now open to Singapore manufacturers and designers of all forms of packaging. A new category has been introduced this year for arts college and polytechnic students. The Singapore Star Award is presented to com panies and students as
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      330 4 100 HNE DINING WITH AN AUSSIE TWIST i i/nfi n W P™ Australian cuisine fine dining Kyle with breath-taking views of city. Creative >ct lunch; 111 Set dinner and ala carte menu*; and High-Tea m* Buffet on weekend* and public holidays Chef Stephen Reagan viaa from W. Australia: £11 7-17
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      28 4 Providing A 1 cool comfort 1 for commerical Hitachi Plant and industrial International Plaza S'porc *****3 Tel: *****65 Fax: 224 8358 buildings E >*»P«cytanwy.a>iiL»g O Website at hap://www.hitacfaipiaaLbbi.ne.jp
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  • ASIA ON THE MEND
    • Article
      Sharp rise in applications for withdrawal of EPF
      474 5  -  43% surge last year dne to slowdown, high interest rates, says depnty CEO Reports from Ruth Wong in Kuala Lumpur MALAYSIA'S pension fund, the Employees Provident Fund, saw a big rise in the number of applications for withdrawals in 1998, but the
      474 words
    • Article
      Fund's net income up 12.6% to RM9.1b
      294 5 MALAYSIA'S retirement fund, Employees Provident Fund (EPF), said its net income rose 12.6 per cent to 9.1 billion Malaysian ringgit (Ss4.l billion) for the 1998 calendar year, after setting aside nearly RM7OO million as provisions for diminution in equity investments and doubtful loans.
      294 words
    • Article, Illustration
      Lock icon S$ buying cools on word that policy is unchanged
      420 5  -  But players say US$ gains could be limited in short term By Larry Wee [SINGAPORE] After rising five cents against the US dollar over three sessions this week, the Singapore dollar took a breather yesterday on confirmation by Deputy Prime Minister
      Source: Bridge  -  420 words
    • Article
      Lock icon Details of Indon govt bonds out soon
      396 5 Bloomberg [JAKARTA] Indonesia's 300trillion rupiah (5558.5 billion) recapitalisation programme will move ahead, and details of the government bonds are expected to be ready by the end of this month, officials said. The government will take up to 80 per cent of the equity
      Bloomberg  -  396 words
    • Article
      Lock icon US$25b of Indon firms' debt due this year: official
      251 6 AFP, Bridge News [JAKARTA] About US$25 billion (5542.3 billion) of Indonesian private companies' US$6O billion debt are due to mature this year, making it essential for the country that companies restructure their debts, the head of the Indonesian Debt Restructuring Agency
      AFP,; Bridge News  -  251 words
    • Article
      Lock icon Malaysia's industrial output rose 4.8% in February
      392 6 Rise led by gains in industrial chemicals, electricity; Jan fall biggest in 11 mths Bloomberg [KUALA LUMPUR] Malaysia's industrial output rose in February from the previous month, after suffering its biggest drop in 11 months in January, led by gains in electricity and
      Bloomberg  -  392 words
    • Article, Illustration
      Lock icon Crisis watchdog looks at hedge funds, offshore centres
      350 6 Reuters [WASHINGTON] A new group of regulators and policymakers has pinpointed hedge funds, offshore centres and short-term capital as fields to watch in order to stave off crises in the financial world, its chairman said on Wednesday. Andrew Crockett, head of the
      Reuters; FILE PHOTO  -  350 words
    • Article
      Lock icon EPA: Can't rule out Japan running out of steam
      316 6 Reuter, Bridge News [TOKYO] Economic Planning Agency (EPA) Minister Taichi Sakaiya said yesterday he could not rule out the possibility that the Japanese economy would run out of steam, but he would be careful in implementing economic policy. Mr Sakaiya reiterated
      Reuter,; Bridge News  -  316 words
    • Article
      Lock icon Japan Feb current account surplus falls 19.2%
      319 6 Shortfall drops to 1.12t yen as govt spending spree boosts imports Bloomberg [TOKYO] Japan's current account surplus fell to a 10month low in February as a government spending spree aimed at cranking up the economy fuelled demand for imports. The surplus in the
      Bloomberg  -  319 words
    • Article
      Mahathir's currency collection for special auction
      381 6  -  From Diana Oon Abdullah in Kuala Lumpur A GOLDEN baby rattle, assorted jewellery, bungalow plots in Seremban and currency notes collected by Malaysian Prime Minister Mahathir Mohamad these are among items to be sold by the finance ministry here next week, in a first-ever
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      45 5 II 'IPPF^Vj«^^h P^Bfe^KjCTKii^ I h|w A MATTER OF THE HEART. Kif/ofifl bracelet with diamonds and rubies set in platinum. lutlM'i Tiff' Tl FFANY CO. New York Since 1837 SINGAPORE RAFFLES HOTEL ARCADE TEL: 334-0168 NGEE ANN CITY LEVELS I& 2 UNITS Sfc 6 TEL: 735-8823
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      9 5 r Lianhe Zaobao smug r ~*V ;9kGLC C I
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      554 6 ft inco PT INTERNATIONAL NICKEL INDONESIA Tbk ANNOUNCEMENT OF THE RESULTS OF THE ANNUAL AND EXTRAORDINARY GENERAL MEETINGS OF SHAREHOLDERS It is hereby announced to all shareholders of the PT International Nickel Indonesia Tbk ("PT Inco" or "the Company") that the Annual and Extraordinary General Meetings of Shareholders held on
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      126 6 r '«ja MR CHAN CHEN HEI, Executive Chef, Bl jr Award-winning Chef Chan will also Chinese Cuisine, of HaiTien Lo Cantonese personally prepare 12 dishes from ancient Restaurant at The Pan Pacific Singapore, proudly recipes, dating as far back as 7708 C through to. presents some of his personal collection
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  • ANWAR'S JAILING
    • Article, Illustration
      Lock icon Uneasy calm falls on Kuala Lumpur
      511 7  -  Rumours rife of bigger protests over weekend; Ti&n Chua said badly beaten From Eddie Toh in Kuala Lumpur THE Malaysian capital returned to an uneasy calm yesterday following civil unrest after the guilty verdict handed to Anwar Ibrahim on Wednesday. Some 200 reformasi supporters
      AFP  -  511 words
    • Article
      Lock icon US, EU, Australia criticise verdict
      508 7 China says the sentencing is an internal matter Reuters, AFP THERE was continued widespread international criticism of former Malaysian finance minister Anwar Ibrahim's sentence, including from the United States, the European Union and Australia, although China said it was an internal Malaysian matter. US Vice-President
      Reuters,; AFP  -  508 words
    • Article
      Lock icon Anwar verdict won't harm business, say US businessmen
      283 7 Reuters [KUALA LUMPUR] A key US business group said yesterday that the jailing of sacked finance minister Anwar Ibrahim was a Malaysian issue and would not immediately harm the country's business environment. "The verdict is a Malaysian issue and still in play
      Reuters  -  283 words
    • Article
      Lock icon Keep up protests, Anwar's wife urges
      276 7 Blames security forces for provoking clashes after verdict Reuters [KUALA LUMPUR] Unbowed by her husband's conviction, the wife of Malaysia's jailed former deputy prime minister Anwar Ibrahim appealed to his supporters yesterday to press ahead with anti-govern-ment protests but to shun violence. Speaking to
      Reuters  -  276 words
  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Suharto's lawyers to Habibie: Drop graft probe or we'll tell
      348 7 JAKARTA They claim to have proof of corruption involving Habibie, other ministers Reuters LAWYERS for former president Suharto said yesterday they would hand what they allege is evidence of corruption by his successor B J Habibie to the Attorney-Gen-eral's office
      Reuters  -  348 words
    • Article
      Lock icon M'sia and US to set up joint business council
      141 7 KUALA LUMPUR Reuters MALAYSIA and the US have agreed to set up a joint business council to help promote trade and investment. The council, to be launched in New York later this year, will also encourage joint Malaysia-US investments in third
      Reuters  -  141 words
    • Article
      Lock icon Suharto seeking political comeback: Golkar official
      283 7 RUIMJP TO DfDOMESIAIf ELECTIONS AFP [JAKARTA] Former president Suharto's expressed doubt that the June 7 Indonesian elections would be free and fair and indicated his regime wished to make a political comeback, a senior politician said yesterday. "We should understand that it's a feedback
      AFP  -  283 words
    • Article
      Lock icon US$2.8b to be spent on new M'sian fiscal plan
      241 7 KUALA LUMPUR Infrastructure projects identified by NEACbDaim Reuters MALAYSIA will spend US$2.B billion (554.7 billion) on the second phase of its fiscal expansion programme, Finance Minister Daim Zainuddin said yesterday. "The next phase involves expenditure of US$2.B billion. We have identified
      Reuters  -  241 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon Clinton prepares for fight on China WTO deal
      1003 8  -  But prospects for Congressional backing remain bleak, says leomhadar, considering the anti-China mood prevailing in Washington LEON HADAR, PRESIDENT Clinton and his aides are hoping that aggressive lobbying on the part of US businesses will help them win support on Capitol Hill
      AFP  -  1,003 words
    • Article
      Lock icon China trade gap a minor problem for US, says Zhu
      434 8 CAMBRIDGE, Massachusetts Imbalance will be adjusted once China's in WTO and its markets open np Bloomberg CHINESE Premier Zhu Rongji saitflhis country's trade surplus'Uuth the US is a "minor problem" for the US economy and would reverse itself once China
      Bloomberg  -  434 words
    • Article, Illustration
      Edmund Ho in race for Macau's top job
      570 9  -  Banker joins five others; denies triad links, pledges to clamp down on gangs From Quak Hiang Whai in Hongkong BANKER Edmund Ho Hau Wah, widely tipped to be the hot favourite to take Macau's post-handover chief executive job, yesterday declared his candidacy
      570 words
    • Article, Illustration
      Lock icon Sing Tao falls on word that Zell's lost interest
      448 9 HONGKONG But Dublin-listed funds and partners aren't calling it qnits Bloomberg SING Tao Holdings Ltd stock fell for the first time in 10 days after US billionaire Sam Zell reportedly said he was no longer interested in buying part of the
      Bloomberg; Source: Bloomberg  -  448 words
    • Article
      Lock icon ABN-Amro keen on Taiwan privatisation
      260 9 TAIPEI Interested mainly in telecom and public utility sectors Reuters HOLLAND'S ABN-Amro Bank yesterday expressed keen interest in taking part in Taiwan's privatisation drive, especially in the telecommunications and public utility sectors. Rijnhard van Tets, chairman of ABN-Amro's investment banking division based in Amsterdam, said
      Reuters  -  260 words
    • Article
      Lock icon Beijing appoints 17 int'l business advisers
      216 9 BEIJING AFP CHINA'S capital city yesterday appointed a panel of foreign business leaders to offer the municipal government advice on how to boost Beijing's economic development and investment climate. The 17 business advisers head companies ranging from Swedish-Swiss engineering giant Asea Brown Boveri to
      AFP  -  216 words
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      164 8 ■11^ P" r JBR^ v'H' v You survive by knowing the terrain. r You succeed only when you control it. A L MM I* A Ll 1 j\l j I w I irfi#f' I t-mffr% a ----''-T'-"'- -r,-y TM I At Mercedes-Benz, we know that being in most intelligent cars
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      135 9 P. V I 1 lligence Inspiration. The New S-Class. hi Ik. vu ,:^'^l# A I 1 I ■Kp. K -V «f **^^PWJTWrT?^*yjgflt^t>R^lyKra-Vcsfc"^»g**^¥^s>rCBsE%yl^B>^>*^^jiW&K£^riAvsy<?je'jtf^gwt«i>?W^.'jß^*3e V l 'rtfr^Era.'* J^^gaßfcHS^JP€ys»^^gTKyy&BCSj£BfflMMira^BMt i gffßH^aß maintaining stability even on rough in the new S-Class. Features that are a result of inspiration matic suspension terrain. And, just as
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  • ASIA
    • Article
      Lock icon China urges India, Pakistan to stop work on N-missiles
      212 10 BEIJING Reuters CHINA urged India and Pakistan yesterday to cease development of nuclear-capable missiles to help curb proliferation and promote peace in fractious South Asia. "This will not help the development of peace and stability in South Asia," foreign ministry spokesman
      Reuters  -  212 words
    • Article, Illustration
      Lock icon India confidence debate starts amid fears govt will collapse
      513 10  -  Parliament to vote tomorrow; analysts expect president to invite Sonia Gandhi to form next govt From Rajendra Bajpai in New Delhi INDIA'S Parliament yesterday began debating a motion on confidence in the 13-month-old coalition government of Prime Minister Atal Bihari Vajpayee
      REUTERS  -  513 words
    • Article
      Lock icon Economy is key to early polls: LDP veteran
      306 10 TOKYO Reuters PRIME Minister Keizo Obuchi may call a snap general election at the end of this year but the decision will depend on the state of the economy, a senior member of Japan's ruling Liberal Democratic Party (LDP) said. Yuji Tsushima,
      Reuters  -  306 words
    • ASIA Notes
      • Article
        Lock icon Japan economist issues Y2K warning
        68 10 AFP [TOKYO] The Y2K bug could destroy some companies in Japan but the country's banks are well protected against any problems, a former senior government economist said yesterday. "There is no doubt Y2K will have a big impact and it may mean the difference between
        AFP  -  68 words
      • Article
        Lock icon Aussie long-term jobless down again
        76 10 AFP [SYDNEY] Long-term unemployment in Australia is at its lowest level in almost three years, according to data released yesterday that confirmed the continuing strength of the domestic economy. The Australian Bureau of Statistics said the 212,000 people out of work in March for two
        AFP  -  76 words
      • Article
        Lock icon Over A$300m insurance claims feared
        68 10 AFP [SYDNEY] Insurance companies feared a bill exceeding As3oo million (*****.7 million) yesterday after a wild hailstorm battered Sydney leaving one man dead and thousands of homes and vehicles damaged. Hailstones as big as cricket balls followed by heavy rainstorms and lightning hit the suburbs
        AFP  -  68 words
      • Article
        Lock icon Tourist arrivals in S Korea hit new high
        61 10 Bloomberg [SEOUL] The number of tourists arriving in South Korea rose to a record high in March. Inbound foreign tourist arrivals totalled 398,207 last month, up 8.2 per cent from a year earlier, the Korea National Tourism Organisation said. Japanese tourists led
        Bloomberg  -  61 words
    • Article, Illustration
      Lock icon Benazir Bhutto sentenced to jail in absentia
      379 10 ISLAMABAD Also disqualified from holding any public office Reuters [ISLAMABAD] Benazir Bhutto, Pakistan's first woman prime minister, was sentenced in absentia to five years' jail for corruption yesterday by a special court she said was set up to end her political career. Her
      Reuters  -  379 words
    • Article
      Lock icon Researcher discovers plastic-eating bacteria
      251 10 TOKYO Japanese find may provide new answer to overloaded rubbish tips AFP A JAPANESE researcher says he has found bacteria which gobble up plastic in his back garden, opening the way to a new solution for the country's overloaded rubbish tips. The research was led by
      AFP  -  251 words
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      34 10 MEWDIEN SINGAPORE HOTELS IN ASIA-PACIFIC: BALI BANGKOK ISLE OF PINES JAKARTA KOH SAMUI MELBOURNE NEW DELHI NOUMEA TAHITI PHUKET PORT VILA BORA BORA SINGAPORE SINGAPORE CHANGI SYDNEY THE GOLDEN TRIANGLE TAIPEI TOKYO TOKYO II
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      239 10 Keep your Secretary and your Mother happy with gifts from Royal Selangor. Here are just a few ideas from our exquisite pewter collection. *0} Alarm Clock with Cardholder 3975£ So* 4 Pepper Shaker 4759R 0r Phctofrome 3446R t£S» B9HHH 0f Celtic. Rote Trinket Bar 0 Vote cum Pen! Fend Holder
      239 words
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      20 11 rage u t£--**m~ ilr fl Hh| U P^EKSpMI iyp?ygyi ~ml 1 I^wMßylßß^^fwpsWHßßl^f^H^WKßK^^F'"i;ll,- ffl^Jßtem^B fl *^*,1 >;- %Z!%£m ARMANI rC^ P'aza Jakarta
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  • THE WORLD
    • Article
      Lock icon US regrets deaths in bombing of refugee convoy
      336 12 THE KOSOVO CRISIS Reuters, AFP [WASHINGTON] The United States said yesterday it regretted deaths in a Nato bomb hit on civilians in Kosovo, but said Yugoslav President Slobodan Milosevic bore ultimate blame for the suffering of Kosovo's people. Officials also vowed to
      Reuters,; AFP  -  336 words
    • Article, Illustration
      The chicken hawks of Washington
      956 12  -  LETTER FROM WASHXXOTOM Clocking loudly, they know they have nothing to lose, war or no war By Leon Hadar THERE is a scene in the film Gone With The Wind in which the young men of the Confederacy are celebrating the coming Civil War between
      956 words
    • Article
      Lock icon Fed needs to review low rates: official
      419 14 WASHINGTON Keeping monetary conditions too easy risks unleashing inflation pressures Reuters FEDERAL Reserve governor Laurence Meyer said on Wednesday the US central bank needed to review whether interest rates should remain as low as they are in view of the economy's strength and
      Reuters  -  419 words
    • Article
      Lock icon US stocks too high, cautions Buffett
      142 14 mLONDON AFP INFLUENTIAL US investor Warren Buffett yesterday advised private investors against buying US stocks, which he said were "too expensive" at present even for a billionaire like himself. "It's tough because equity valuations at least in the US, generally, are fairly full and
      AFP  -  142 words
    • Article
      Lock icon Japan warned over C&W offer for IDC
      350 14 LONDON Blair said to have complained aboiit bid to push out C&W Reuters, AFP BRITAIN has warned the Japanese government that it risks being anti-competitive if UK telecom carrier Cable and Wireless pic fails in its attempt to acquire a Japanese company. C&W's
      Reuters,; AFP  -  350 words
    • WORLD Watch
      • Article
        Lock icon Russia gets US$2.3b World Bank pledge
        81 14 AFP [MOSCOW] World Bank president James Wolffensohn said yesterday he had agreed to pledge US$2.3 billion (513.9 billion) in loans to Russia in 1999-2000, with another possible US$l billion coming from Japan. Mr Wolfensohn's comments, carried by Itar-Tass, did not make clear whether the
        AFP  -  81 words
      • Article
        Lock icon Big foreign firms in US avoid US taxes
        57 14 Reuters [WASHINGTON] A large number of foreign multibillion-dollar corporations doing business in the US pay no US income taxes, according to a congressional study released ahead of yesterday's tax filing deadline. Senator Byron Dorgan said the General Accounting Office findings were "shameful
        Reuters  -  57 words
      • Article
        Lock icon Pinochet case to go ahead in UK courts
        73 14 AFP [LONDON] Chilean ex-dictator Augusto Pinochet lost another round yesterday in his tenacious fight against extradition to Spain as Britain ruled that the case shmM go ahead through the courts. Home Secretary Jack Straw gave his permission for extradition proceedings to continue
        AFP  -  73 words
      • Article
        Lock icon Brazil cuts interest rates again
        68 14 Bloomberg (BRASILIA, Brazil] Brazil's central bank cut interest rates for the third time in three weeks, as low inflation ami a return of foreign investment allowed the bank to slash borrowing costs to pull the economy out of recession. The key overnight lending, which banks
        Bloomberg  -  68 words
      • Article
        Lock icon Eurozone price stability not at risk
        65 14 Reuters [FRANKFURT] European central bankers yesterday said eurozone price stability was not at risk but, speaking a week after the European Central Bank cut interest rates, warned the ECB's ability to stimulate growth was limited. ECB chief economist Otmar Issing said the April 8
        Reuters  -  65 words
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      Page 12 Advertisements Column 1
      292 12 Secretaries' Switch Off Week tivoli coffee house 19 23 april about the deadlines and tonnes of paperwork, invite your secretaries and PAs to switch off this week! Relax with a buffet lunch treat featuring Soft Shell Crab with Spicy Sauce, Wok Fried Peppered Beef, Seafood Salad, Asparagus with Mushroom, Garoupa
      292 words
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      139 13 4 ImF Leader Of The Year Ifl Ho Kwon Ping Travel Asia Breakthrough Gold Awards i 999 M FTvHUHjBBt* m M K Im M m I )3; jm WF jKW Wm Y m Jfjfi J9|^^^Kjf m 7 m 1 "fTM World's Best Spa Resort 1998 Gold Awards Most Innovative Linked
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      180 14 It's been said that everything comes with a price. How true but in this case we're not just talking about any hatchback but the Golf. And if the Golf is eternal, then the New Golf is even more breathtaking. Indeed it is, again, the ultimate with a new and awesome
      180 words
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      Page 14 Advertisements Column 2
      38 14 1 THE WORLD S LEADING TT, T. *r OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Ilfli Incorporation Fees from USSSOO j BAHAMAS JERSEY V m BRITISH VIRGIN MAURITJUS M ISLANDS M f SEYCHELLES Zm CAYMAN ISLANDS SAMOA IRELAND OOCBCBank
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      Page 15 Advertisements Column 1
      646 15 ENTERTAINMENT MEDIA I 1 r~T —I I rr ~~l 1 I T —l I 1 OlBtttm Rank Croup MGM Grand, Inc. Port Place Entertainment, Inc. Fox Entertainment Group, Inc. United Artists Bank Group pic U*****,000,000 U552,150,000,000 U552,808,000,000 U*****,000,000 £440,000,000 Investment Grade Public Bonds Credit Facility f Initial Public Offering Credit
      646 words
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      648 16 What does it take to be a leader in capital raising and advisory? Industry focus. At Bank of America, our industry-focused client teams utilize insight to draw upon a full range of capital raising and advisory services to seamlessly deliver creative financial solutions worldwide. Together with Nationsßanc Montgomery Securities, we
      648 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      S'pore should be a cyberport tax haven
      844 17  -  THE BOTTOIUirE OPINION By Toh Han Shih The writer is a BTcorrespondent LATELY, there has been much discussion over whether or not to tax business done over the Internet Some countries contemplate taxing Internet commerce to gain revenue from this fast growing business.
      844 words
    • Article
      IN OTHER WORDS
      99 17 'As during World War 11, the trains ran on time; there was no crime in Nazi Germany. I'm not comparing him to Hitler and Mussolini, but saying that (there's) efficiency in certain areas is not enough.' David N Dinkins former New York mayor, on his successor Rudolph
      99 words
    • Article
      HK banks'new challenge
      544 17 EDITORIAL THE quarter-point cut in Hongkong deposit rates was widely anticipated and therefore ignored by the stockmarket If Hongkong banks want to make a real contribution to the severely depressed economy, they should stop hiding behind the crisis as an excuse and take further cuts to their
      544 words
    • Article, Illustration
      Lock icon US telecom trade policy an April Fool's joke
      1308 17  -  Wrong messages sent, bat great expectations of a big CDMA order from China come to little By, Joe Locke, Greg Feldberg Joe Locke is a China analyst and Greg Feldberg is a regional telecom analyst with ABNAMRO Asia Ltd in Hongkong. THE
      FILE PHOTO  -  1,308 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      745 17 Spectre at the feast ANWAR IBRAHIM'S fall began when the financial crisis hit the country while Prime Minister Mahathir Mohamad was abroad on a two-month break. On his return, Dr Mahathir reversed decisions taken in his absence by his deputy, and then undermined Anwar's authority by
      745 words
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      1258 18 mg" I L S [jflfflfifl^ ANNOUNCEMENT UNAUDITED RESULTS FOR THE HALF YEAR FEBRUARY 28,1999 The Directors have pleasure in announcing the unaudited results for the first half year ended February 28,1999. W| mm -1 ■HSB9HI KB SEGMENTAL INFORMATION IHES3BHI 1999 1998 Change 1999 1998 Change ■|bh|^h^w $'000 $000 $000 $-000
      1,258 words
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  • COMPANIES & MARKETS
    • Article
      SPH interim earnings down 17.8%
      677 19  -  Lower ad revenue leads to 15% drop in turnover to $402 m By, Jennifer Lien [SINGAPORE] Dragged down by the economic downturn, Singapore Press Holdings yesterday posted a 17.8 per cent slide in interim net profit to $139.7 million. This compares with an interim net
      677 words
    • Article, Illustration
      Lock icon Hind soars on news of DBS Land deal
      420 19  -  Three major corporate deals totalling about $230 million were announced after the stock market closed on Wednesday. Yesterday, investors greeted the news with contrasting reactions. POSITIVE By] David Boey [SINGAPORE] Hind Hotels shares shot up 73 cents to $2.58 yesterday its highest
      Source:; FILE PHOTO  -  420 words
    • Article
      AsiaMatrix shares swing neither way
      209 19  -  NEUTRAL By. Marissa Chew [SINGAPORE] Investors were lukewarm to news that health-care company AsiaMatrix's substantial shareholder, Hospital Pantai, has sold its entire 22 per cent stake in the company. On the stock market, AsiaMatrix closed at $1.32, up two cents from the previous day, on
      209 words
    • Article
      'Finlayson n*****S$10k' — what a PEN name?
      678 19  - 'Finlayson n*****S$10k' what a PEN name? HOCK LOCK SIEW R Sivanithy WHEN they were first launched in February, DBS Bank's privatisation exchangeable notes, or PENs, drew a fair bit of attention and criticism because the size of the issue at US$765 million (Ssl.3 billion) was seen as being too big
      678 words
    • Article
      Keppel's share price dives 8.6% as SPC deal gets thumbs down
      388 19  -  NEGATIVE By < Conrad Raj [SINGAPORE] Keppel Corporation shares took a tumble yesterday as most analysts and investors took a negative view of its acquisition of a 24.5 per cent stake in homegrown Singapore Petroleum Co (SPC) from DBS
      388 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article, Illustration
        Lock icon CK Tang, Koh Bros, Panpac to raise funds
        587 20  -  Department store pledges 3 mortgages on flagship for $110 m loan facility Annette Pau, Marissa Chew [SINGAPORE] C K Tang, Koh Brothers and Panpac Media are the latest in the line of local companies planning to raise funds through loans, share placements
        FILE PHOTO  -  587 words
      • Article
        Pac Can can't repay $20.6m loan stocks
        164 20 DEBT-LADEN Pacific Can Investment Holdings yesterday said it will not be able to repay $20.6 million in loan stocks due on April 30. It said a meeting of holders of the loan stocks will be held to consider passing a resolution which grants
        164 words
      • Article
        Wuthelam sells 40m shares of Omni Industries
        297 20  -  Parent firm nets $26.4 m from sale of 10.3% stake By. Annette Pau [SINGAPORE] Wuthelam Industries, the parent and largest substantial shareholder of Omni Industries, yesterday said it has sold 40 million shares, or 10.29 per cent, in the local contract manufacturer for
        297 words
      • Article, Illustration
        Lock icon Retail market bottoming out: The Hour Glass
        477 20  -  Watch retailer and wholesaler planning $15m expansion By i Carol Eng [SINGAPORE] The retail market here has already bottomed out, says listed watch company The Hour Glass, which is also moving into expansion mode again with planned expenditure of up to $15 million
        CHRIS LOH  -  477 words
      • Article
        Freight Links major holder in merger talks
        185 20 [SINGAPORE] Freight Links Express Holdings yesterday said it was not aware of any reasons for the recent sharp increase in turnover of its shares but added that a director and substantial shareholder was in merger talks. The company was responding to a stock
        185 words
      • COMPANY Briefs
        • Article
          DBS Land associate interim up l3.3%
          60 20 [KUALA LUMPUR] United Malayan Land (UM Land), a 20.8 per cent Kuala Lumpur-listed associate of DBS Land yesterday reported a 13.3 per cent increase in group net profit to RM20.88 miUion for the half-year ended Jan 31, 1999. Hie rise in its profit is
          60 words
        • Article
          Cosco Investment names new chairman
          54 20 [SINGAPORE] Cosco Investment (Singapore) said Wei Jia Fu has been appointed as chairman and non-executive director. He was previously president of Cosco Holdings (Singapore) Pte Ltd and Coeco Investment (Singapore) Ltd. He is now vice-chairman and president of China Ocean Shipping (Group) Company, the parent
          54 words
        • Article
          Corrections and clarifications
          49 20 GENTING Bhd has pointed out that Quah Chek Tin h only resigned as director of its subsidiary, Resorts World Bhd, and not from Genting itself as was reported yesterday in this column. He remains as Genting'g director of corporate affairs. We are sorry for the error.
          49 words
        • Article
          Phileo to raise RM200m via loan stocks
          73 20 [KUALA LUMPUR] PMleo Allied Berhad (PAB) has proposed to raise 200 million Malaysian ringgit (SsB9 million) to recapitalise its aggressive hawking arm, Phileo AUied Bank. On behalf of PAB, Perwira Affln Merchant Bank said PAB win issue RM2OO million nominal value of irredeemable
          73 words
      • Article
        Shipping counters close higher on rotational play by punters
        283 20  -  By] Felix Chan [SINGAPORE] Shipping stocks edged up yesterday amid continued rotational play by punters feverishly looking for laggards and new themes in the market. Samudera Shipping Line, Neptune Orient Lines (NOL), Hai Sun Hup and Osprey Maritime were among the
        283 words
      • Article
        SingTel corporate governance pays off
        294 20 SINGAPORE Telecommunications' corporate governance practices in its many international investments have helped create value, said chief executive BG (NS) Lee Hsien Yang. Speaking at a seminar on corporate governance yesterday, BG Lee said SingTel's international investments strategy has been successful. "I wouldn't want to put
        294 words
      • Article, Illustration
        Allgreen sees itself in league of Wing Tai, MCL Land and FCC
        743 21  -  Soon-to-be-listed Knok unit to start on clean slate after $434 m provisions By, Ang Wan May [SINGAPORE] Allgreen Properties is positioning itself as the second largest listed residential play after City Developments, with hopes of benefiting from the
        743 words
      • Article
        Allgreen IPO seen yielding $250m
        104 21 [SINGAPORE] Allgreen Properties is expected to raise about $250 million from an initial public offer (IPO) at the end of this month or early next month. Given the strong market sentiment, the issue price is likely to be higher than the 90 cents a share
        104 words
      • Article
        GRA buys $50m stake in Allgreen
        172 21 [SINGAPORE] GRA Singapore is acquiring a $50 million stake in All green Properties, the soon-to-be-listed subsidiary of the Kuok group. This is the third major property-related investment by the Prudential Insurance Company of America subsidiary this year. It reflects the group's optimism that the
        172 words
      • Article, Illustration
        Lock icon Raffles Medical in tie-up with NY cancer centre
        293 21  -  By] Rahita Elias (SINGAPORE] Raffles Medical Group (RMG) has signed an affiliation agreement with Memorial Sloan-Kettering Cancer Centre (MSKCC) of New York to tap the latter s expertise for its cancer centre in the Raffles Hospital, which is slated to open in
        ARTHUR LEE  -  293 words
      • Article, Illustration
        Lock icon High rise for Lian Beng
        250 21  -  By. Marissa Chew [SINGAPORE] Local contractor Lian Beng Group made a sterling debut yesterday in the stock market, closing at 24 cents in heavy trading the 131.5 million shares done were more than the 10.4 million shares it issued. The closing price is a 45
        Source: Bloomberg  -  250 words
    • COMPANIES
      • Article, Illustration
        Lock icon Apple's US$135m Q2 gain beats analysts' forecasts
        432 22 Demand for iMacs, 63s increased unit sales 27%; iMac to go np to 300 megahertz NYT [SAN FRANCISCO] Reporting its second-quarter earnings Wednesday, a resurgent Apple Computer Inc again beat analysts' earnings estimates. Apple said strong demand for its iMac and G3 machines
        NYT; FILE PHOTO  -  432 words
      • Article
        Lock icon Japanese chipmaking machine orders fall 2.6%
        346 22 Bloomberg [TOKYO] Worldwide orders for Japanese microchip-mak-ing equipment fell 2.6 per cent in February from a year earlier, reflecting cuts in capital spending by US and Japanese chipmakers, industry figures showed. Orders for Japanese chipmaking equipment totalled 65.73 billion yen (*****.5 million) in February,
        Bloomberg  -  346 words
      • Article
        Lock icon Production problem deepens AMD's Q1 loss
        217 22 Bloomberg, AFX-Asia [Sunnyvale; California] Advanced Micro Devices Inc, the biggest rival to Intel Corp, said its first-quarter loss widened from a year ago because a production glitch hurt output of its highest-powered microprocessors. AMD's loss excluding a charge was US$llB.B million (*****.8 million), or
        Bloomberg,; AFX-Asia  -  217 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Investors unruffled by Internet stock price drops
        541 23 Analysts call selloff a mere correction, Internet-style Reuters [PALO ALTO, California] Many stockmarket watchers, who have grown jaded to the wild swings in Internet stock prices, were unruffled by the steep losses in the Internet stocks on Wednesday. Scores of high-priced Internet stocks
        Reuters  -  541 words
      • Article
        Lock icon Boeing's Q1 profit soars ninefold
        355 23 Bloomberg [SEATTLE] Boeing Co's firstquarter earnings surged more than ninefold, beating analysts' expectations, as the world's largest aircraft maker rebounded from severe production bottlenecks in the year-earlier period. Net income at the aerospace giant rose to US$469 million (5J792.8 million), or 50 US cents a
        Bloomberg  -  355 words
      • Article
        Lock icon ICI sells four businesses to Huntsman for US$2.8b
        314 23 Reuters [LONDON] Britain's Imperial Chemical Industries said yesterday that it was selling a bundle of businesses to US group Huntsman Corp in a US$2.B billion (554.7 billion) deal. The deal to sell polyurethanes, titanium dioxide and some petrochemicals businesses to Huntsman is
        Reuters  -  314 words
      • Article, Illustration
        Lock icon GM Q1 earnings up better-than-expected 29% to US$2b
        327 23 Automaker cat costs, built more pickup trucks in N America Bloomberg [DETROIT] General Motors Corp's first-quarter earnings rose 28.7 per cent, beating expectations, as the world's No 1 automaker cut costs and built more high-profit pickup trucks in North America than expected.
        Bloomberg; FILE PHOTO  -  327 words
      • Article
        Lock icon Ford posts 20% rise in Q1 operating earnings
        227 23 Bloomberg Reuters, [DEARBORN, Michigan] Ford Motor Co yesterday reported a 20 per cent gain in first quarter operating earnings to a record US$l.Bl billion (553.06 billion) as its core North American auto unit offset lower results overseas. The No 2 US automaker
        Bloomberg; Reuters,  -  227 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon US bank loans abroad total US$516b in Q4
        399 24 Higher lending to Japan, Italy and Germany; loans to East Asia fall Bloomberg [WASHINGTON] US bank loans to overseas borrowers rose in the fourth quarter of last year as banks boosted lending to Japan, Italy and Germany, a US Federal Reserve survey
        Bloomberg  -  399 words
      • Article
        Lock icon Fidelity's revenue climbs but net income falls 17%
        356 24 Bloomberg [BOSTON] Fidelity Investments, the world's biggest mutual fund company, said net income decreased almost 17 per cent in 1998 because of higher costs for technology and employee compensation. The closely held Bostonbased company reported earnings of U*****.7 million (*****.6 million) in
        Bloomberg  -  356 words
      • Article
        Lock icon US loan market starts year at slower pace
        335 24 Q1 commercial loans down to USsl69b from USslB9b Reuters [NEW YORK] The US commercial loan market was sluggish during the first quarter of the year, as syndicated commercial loan volume fell to US$l69 billion (*****.9 billion) from US$lB9 billion a year ago.
        Reuters  -  335 words
      • Article
        Lock icon CBOT president rejects request to step down
        299 24 Bloomberg [CHICAGO] Chicago Board of Trade president Thomas Donovan turned down a request for his resignation from the exchange's new chairman, David Brennan, people familiar with the situation said, setting the stage for a possible showdown before the board of directors. Mr Donovan,
        Bloomberg  -  299 words
      • Article
        Futures hit highest volume this month
        232 25  -  fcifc." Reports IBOl Singapore Index Bob Butcher, Jardine Fleming THE MSCI Singapore Index started yesterday on a strong note even managing a few prints on the screen above the closely watched 250 level. The high and the opening price was 250.30 for the lead
        232 words
      • Article
        Futures surge despite Nasdaq's fall
        200 25  -  MSCI Taiwan fetnres Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures surged 7.1 points despite a great fall in Nasdaq. The Taiex rose 99.52 points buoyed by mergers, which enable banks to cut costs and increase efficiency. Besides, the manufacturing
        200 words
      • Article
        Lock icon Crude prices up on news of Iran plans to cut deliveries to fulfil vow
        260 25 ENERGY REPORT Bloomberg [NEW YORK] Crude oil prices rose more than one per cent after Iran said it would cut deliveries to fulfil an output reduction pledge, helping end a supply glut that propelled prices to
        Bloomberg  -  260 words
      • Article
        Lock icon CURRENCY REPORT
        304 25 Reuters, Bloomberg London THE yen was boosted to twoweek highs versus the dollar and euro in afternoon trade yesterday, but pulled back on expectations of verbal intervention by Japanese authorities. Amid a background of foreign demand for Japanese assets, lack of capital flows from Japan to US markets
        Reuters,; Bloomberg  -  304 words
      • Article, Illustration
        Untitled
        1252 25 Aii-senes Matunfes>ayr Short 1-3yis.Long:>3yre DVTERBAMK CROSS RATES Apr 15 F>r n** gu P Uf> YW Wow m MZS Pik»» Peso S$ gaud Sfr MT$ BaM *>—d US$ S2?" ion 0M9 1*2 ¥2 MS V2 tT 27,62 54 920 0754 7 729 1-175 32.115 24.202 1073 3J56 0.943 ***** 23.824 0J93
        1,252 words
      • Article
        Untitled
        1783 25 8IC0M FUTURES Apr 15 IVMKR (Marts dosta«>s«tl30pn) BSS1 CONTRACTU c«flto/kq} dOM Volume Open low Sett (tOMH) Interest •toy 99 99.00 99.00 99.500 550 575 Jim 99 102.25 250 -WW 103.50 300 200 AOQ99 105.25 200 Sip 99 107.25 200 Oct/OK 99 109.25 109.25 ***** 150 475 RSS 3 CONTRACT (US
        1,783 words
    • Article
      WORLD STOCK MARKETS
      2061 26 Industrial M *h 31 Croup 6.59 0.07 A B rood* 4.IS -0.02 A B Ports 2.80 0.01 Alllad Domacq 4.86 0.19 A Wad Zurich 8.75 -0.25 Anglo Amartcan Gold 35.80 0.20 AS0A Croup 159 0.07 Bank of Scotland 9.14 0.04 Barclays 19.44 0-25 Bass 8.64 -0.14 BC
      2,061 words
    • Article, Illustration
      Lock icon HONGKONG
      1328 26 AFP F1 Hang Seng +128J HONGKONG share prices rose 1.1 per cent yesterday to their highest point this year on late overseas buying that reversed early losses, dealers said. "The market has been driven up by overseas buying, particularly from Japanese investors," said Michael Ng, deputy managing director at
      AFP  -  1,328 words
    • Article
      Lock icon TOKYO
      1595 26 AFP Q Nikkei 225 -37J SHARE prices in Tokyo closed 0.2 per cent lower yesterday, pressured by profit-taking in the absence of fresh buying incentives, brokers said. The Nikkei 225 Index closed down 37.60 points at 16,727.08. "Investors were cautious about high prices" after recent gains, said Tsuyoshi Segawa,
      AFP  -  1,595 words
    • Article, Illustration
      Lock icon CHINA
      548 26 Reuters Qj Shenzhen B Index +4-57 SHENZHEN'S hard currency B share index soared 7.77 per cent yesterday, electrified by sharply higher 1998 earnings at market giant Guangdong Power, analysts said. The B index gained 4.57 points to end at 63.42 on heavy turnover of HK$5O.l million, more than double
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  548 words
    • Article
      Lock icon TAIPEI
      345 26 AFP gWPIDdq +99.52 TAIWAN share prices rose 1.3 per cent to reach their highest point this year yesterday, buoyed by continued foreign buying and Wall Street's strength, analysts said. The Taiwan Stock Exchange Weighted Price Index advanced 99.52 points to 7,498.17. The market perked up after the Dow Jones
      AFP  -  345 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8631 27 Transaction date :Aprls I MOUSTMftU CmsMMf products 1999 Lest Vol Day Ntt Cap Hign f Company Sale OOP High Low P/E Smll 310 255 A)inomoto 275 t 5j 1115 83 46 Angkasa 60 4 2 60 57.5 88 5 283 220 Apollo Food Hlg 231 8.0 92 4 204 115
        8,631 words
      • Article, Illustration
        Lock icon Local funds hold up index; market cautious
        362 27 AFP F1 Composite Index +3.79 MALAYSIA'S key share index closed 0.7 per cent higher yesterday on local buying, but trading was cautious amid fresh protests over former deputy prime minister Anwar Ibrahim's six-year jail sentence. The KLSE Composite Index rose 3.79 points to
        AFP  -  362 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Warrants turning into a punter's dream
        199 28  -  WARRANT WATCH -By R Sivanithy THE warrants segment is like a punter's dream these days you have massive percentage gains in high volume almost every day. It's got to the stage where throwing a dart at the warrants table and putting money on the
        199 words
      • Article
        Untitled
        2292 28 BONOS, LOANS t WARRANTS z Last Vol Day Last Ouoto Avg "N» I—' Stno Company Sai« ♦or- COOO) High Low Buyor Seller Price 18 3 s 3160 "Acer ******1 US$ 15 unch 125 15 14.5 15 27 4.5 s 3164 Acme ******4 23.5 1115 24 22 23.5 24 23 S
        2,292 words
      • Article
        CLOB INTERNATIONAL
        220 28 HflmflK) STOCKS Or Or 52 V* Dry Last Ouot* ON Wv YM NX MCn Ht» Low Stne Company W> fOOO) Mlqft Law Buyar S—f Cw >/[ $mM 235 173 5123 CDC (2000) HK 230 cd 225 8 2.4 3.5 n.8 4453 2 5124 Cathay Pac 20c HK—720 Cd
        220 words
      • Article
        Lock icon MANILA
        307 28 AFP Hniiriu ♦ass PHILIPPINE share prices closed 0.4 per cent higher yesterday, lifted by increased liquidity stemming from government measures and in line with firm overseas markets, analysts said. The Composite Index rose 8.95 points to close at 2,177.36. Turnover fell to 2.04 billion shares worth 2.76 billion pesos.—AFP
        AFP  -  307 words
      • Article, Illustration
        Lock icon JAKARTA
        716 28 AFP Composite Index +1L92 INDONESIAN share prices closed 2.7 per cent higher yesterday on foreign buying amid speculation that the government and some companies may have helped prop up the market, dealers said. PT Asjaya Indosurya Securities associate director Henry Surya said there was some speculation of government support
        AFP  -  716 words
      • Article
        Lock icon SYDNEY
        672 28 AFP FIaH Ordinaries 43 AUSTRALIAN share prices, led by resource stocks, rose 0.2 per cent yesterday for the third successive record close, brokers said. The All Ordinaries Index gained 6.3 points to finish at 3,094.5. The All Resources Index closed 42.2 points higher at 1,112.7. The All Industrials Index
        AFP  -  672 words
      • Article
        Lock icon SEOUL
        421 28 AFP H Composite Index +34J SOUTH Korean shares prices hit a 20-month high yesterday, boosted by plenty of liquidity and growing confidence of a quick turnaround in the crisis-hit economy, analysts said. The Composite Index surged 5 per cent, or 34.60 points, to close at 722.01, the highest level
        AFP  -  421 words
      • Article
        Lock icon WELLINGTON
        301 28 AFP fl Wellington +SJB A RISE in forestry stocks in the US market pushed New Zealand share prices up 0.2 per cent yesterday. The benchmark NZSE-40 Capital Index added 5.18 points to 2154.55. Turnover was worth NZ$ll9 million. Gains outpaced losses by 51 to 39 among the 148 stocks
        AFP  -  301 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6688 29 Transaction date: Apr 15 Or Or M Wt Sl-W* Last Vol Day Last Quota Mv Otv YM Njj Cap HN» 1— IW» CIW say Mi fOOO) Hlgfc Law Bwyar Mhf Cw w *<«• MULTt-MfHJSTRY 125 17.5 m b 1000 Acma 50c 65.5 cd *15
      6,688 words
    • Article
      SESDAQ
      1298 29 Or Or MW« 52-Wk Lnl Vol Day LMt Ouota Dtv Mv YM Nat Cap Avg Hm> U» MN» Cawpany Mi rOOO) HH> Lwr Bwyr Or W Ni Ww MANUFACTURING v^. 193 30 c 2049 AS Auto 10c 106 -t 1006 109 105 105 106 15 N 7 1.4 10
      1,298 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        332 30 BSBnoHm Vote KM L»n Beng 5c 01,000,000 Samudera 10c 37,743,000 Frt Links 20c 32,573,000 KeppdCorp 25,299,000 GES Intl Ltd 20c 19,398,000 Hot* Prop 18,348,000 Amara Hldgs Ltd 17,530,000 Gutftrie W02 12,975,000 ST Capital 25c 12,892,000 ting Tai 25c— 12.657,000 Stxto Keppei Corp 119,743,430 DBS Foreign 74,207,526 0C8C Foreign 38,850,717 DBSLMd
        332 words
      • Article, Illustration
        Volume hits $1b as property stocks soar on rate-cut hopes
        614 30  -  STOCK MARKET COMMENTAKY Market proves its resilience, with STI staying above 1,700 after a morning 20-point fall By R Sivanithy A DIP in the three-month interbank rate triggered hopes yesterday of a prime rate cut and sent property stocks rocketing
        614 words
      • ON THE GRAPEVINE
        • Article
          Can't they see?
          140 30 IF Singapore has the highest number of CFAs or chartered financial analysts per capita or whatever that boast goes, the head of the Republic s largest company hasn't come across many of them. At 4 corporate governance seminar yesterday, BG Lee Hsien Yang, president and chief executive
          140 words
        • Article
          Dealing with 'under water' options
          106 30 SINGAPORE shareholders who oppose the extension of the lifespan of employees' stock options can find support among US institutional investors, according to Kenneth Taylor, a management consultant of Egon Zehnder International. He said US companies deal with options that are "under water" in two ways.
          106 words
        • Article
          Name them,shame them
          98 30 KENNETH Taylor also urged shareholders to take a more active interest in the affairs of their companies. The media, too, should be vigilant. Mr Taylor noted that in the United States, shareholders occasionally publish the names of directors of companies which do badly. He cited the example
          98 words
        • Article
          Who said 22m M'sian Plant shares?
          61 30 A NEW major shareholder has emerged in listed Malaysian Plantations Berhad, a member of the MuM-Purpoee Holdings Bhd stable. Legend Department Stores recently bought 22 million shares or 6.85 per cent in the compeny for 13.07 million Malaysian ringgit million), or 63.5 sen apiece.
          61 words
      • Article, Illustration
        HOT STOCK
        66 30  -  By Wong Wei Kong FREIGHT Links closed up $0,015 yesterday at $0235 on a volume of 32.6 million shares, compared with its 10-day traded average of 5.05 million shares. The RSI, Stochastics aid MACD charts point to limited gains in the near term. The heavy trading in recent
        66 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      108 19 This announcement does not constitute an offer or an invitation to any April 1999 person to subscribe for or purchase any of the securities described herein nor is it calculated to invite, nor does it permit the making of, offers for such securities. The issue has been fully subscribed and
      108 words
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      Page 20 Advertisements Column 1
      207 20 THE SYMBOL OF FINANCIAL STRENGTH AND STABILITY THAT SHOWS IN YOUR FACE In a business of relationships, trust and confidence mean everything. That is where the reputation and financial strength of AIA-AIG. represented and advocated through the professionalism of the Breakthrough Group make all Vou can look your clients in
      207 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      44 21 Bell Ross VINTAGE COLLECTION Model: Vintage 126 B. Deluxe Eastern Watch Centrepoint. Sincere Watrh moc Sincere Watch Duty Free Singapore Changi Airport Terminal 2. Watches of Information and catalog: Exclusive Distributor: BMI Singapore. Tel 737 3786 Fax 737 7inn email:samben@hld.fjb.com. sg.website:http://www. bellross.com i>< I
      44 words
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      Page 21 Advertisements Column 2
      88 21 Regus is changing the way people work by providing fully furnished, staffed and equipped offices on flexible terms. Your company can be operational in Singapore or a choice of 200 centres worldwide, within B 24 hours. *lP^ R *9 Hi k ;l 1 Instant infrastructure, leading edge technology and a
      88 words
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      Page 22 Advertisements Column 1
      2271 22 < C.K.TANG C.K TANG LIMITED (Incorporated in the Republic of Singapore) Registered Office:- 310 320 Orchard Road, Singapore '*****4 Direc torsiTang Wee Sung Cecil Vivian Richard Wong Tang Wee Hee Foo Tiang Sooi Chan Wang Hon To: The holders of the Notes (as defined below) of C.K. Tang limited C.K.
      2,271 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      60 23 m ■■■KSSBnIIH I ii^i^KE^BSSMCjM TO EVERY DOWNTURN. jpl^lipfi You invited to our showroom, where this collection will he /&r, .jh, >jy •jf' 'j BBH^^^hhu^Hl I -T> P A. jb 'Mf' 1 MB^BHBI T V M 1; B MONDIAL Unique Opportunity 5 Days Only Road. #01-16 Tower B Ngee Ann City.
      60 words
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      2138 24 v v y C.K.TAIMG C.K TANG LIMITED (Incorporated in the Republic of Singapore) Registered Office:- 310 320 Orchard Road, Singapore *****4 Directors:Tang Wee Sung Cecil Vivian Richard Wong Tang Wee Hee Foo Tiang Sooi Chan Wang Hon To: The holders of the Bonds (as defined below) of C.K. Tang Limited
      2,138 words
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      Page 26 Advertisements Column 1
      113 26 NOTICE IS HEREBY GIVEN that I.TAY KHENG HUA of 6 Starlight Rd Singapore *****9, have applied for a Retail Liquor Shop Licence in respect of M/s Lin Da Mini Supermart located at Blk 110 Lengkong Tiga #01-237 Singapore 1441, and that this application will be considered by the Liquors Licensing
      113 words
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      Page 26 Advertisements Column 2
      108 26 NOTICE IS HEREBY GIVEN that I, CHAN KIM CHYE, GEORGIE of Blk 111, *04-333 Bedok North Road Singapore *****1, have applied for a Public House Second Class Licence in respect of M/s ABR Holdings Ltd located at 68 Orchard Rd *03-23 Plaza Singapura, Singapore *****9, and that this application will
      108 words
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      Page 26 Advertisements Column 3
      108 26 NOTICE IS HEREBY GIVEN that I, KOH KIAN CHOON of Blk 141 Tampines Street 12 #06-356 Singapore *****1, have applied for a Public House Second Class Licence in respect of M/s ABR Holdings Ltd located at No 12 Tampines Central #01-01 DBS Tampines Centre, Singapore *****7, and that this application
      108 words
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      Page 26 Advertisements Column 4
      263 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF NORASIA AGENCIES (S) PTE LTD (IN VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act. Q«> 30. thai a Final General Meeting of the Members of the above named
      263 words
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      Page 27 Advertisements Column 1
      105 27 NOTICE IS HEREBY GIVEN that I, MATHIARIAGAN S/O RAMASAMY DANAKODY of Blk 462 *01-58Tampines St. 44 Singapore *****2, have applied for a Retail Liquor Shop Licence in respect of M/s "R" Minimart located at Blk 462 *01-58 Tampines St. 44 Singapore *****2, and that this application will be considered by
      105 words
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      Page 27 Advertisements Column 2
      107 27 NOTICE IS HEREBY GIVEN that I, YIN HUI LENG of Blk 721,Jurong West Ave 5, *11-102, Singapore *****1, have applied for a Retail Liquor Shop Licence in respect of M/s Kok Heng Dept. Store located at Blk 716 Jurong West St 71 *81-73, Singapore *****6, and that this application will
      107 words
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      109 28 NOTICE IS HEREBY GIVEN that I, LIM BEE GIOK JENNIFER of Blk 317 Ang Mo Kio St.3l *13-211 Singapore *****7, have applied for a Public House 2nd Class Licence in respect of M/s Cafe Patisserie located at No. 175 *01-33 Bencoolen Street Burlington Square Singapore *****9, and that this application
      109 words
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      Page 28 Advertisements Column 2
      99 28 NOTICE IS HEREBY GIVEN that I,TAN CHOON HUA of Blk 65 Kallang Bahru, #08-329, Singapore *****5, have applied for a Beer House Ist Class Licence in respect of M/s Kafe-Inn located at 14, Circular Road Singapore *****0, and that this application will be considered by the Liquors Licensing Board on
      99 words
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      Page 28 Advertisements Column 3
      145 28 NOTICE IS HEREBY GIVEN that I, TAN BOON HENG of Blk 309 *06-146 Serangoon Ave 2, Singapore *****9, have applied for a First Class Public House Licence, in respect of M/s Tin Pan Alley Cafe Wine Bar located at 95 South Bridge Road, #01-10 Pidemco Centre, Singapore *****7, and that
      145 words
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      Page 28 Advertisements Column 4
      280 28 HjU. TIME PTE LTD NOTICE OF SPECIAL RESOLUTIONS NOTICE IS HEREBY GIVEN HUT AT AN EXTRAORDINARY GENERAL MEETING Of THE COMPANY DEEMED TO HAVE lEEN HELD PURSUANT TO SECTION 179(6) OP THE COMPANIES ACT (CAP 90) AT 10 HOE CHIANG ROAD, tIS-00 KEPPEL TO VERS, SINGAPORE *****50N THE 6TH DAY
      280 words
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      74 29 I ri Soto Distributor Main Service Centra: LO M W I ll T O'WflT'M'BlS* THE SWATCH GROUP S.EA (S) PTE LTD. J JJV/Il VJlll JJO 438 A Alexandra Road #05-03/04 Alexandra Technopark I o Singapore *****7 Tel: *****88 Fax: *****96 -I II If I fcJ 6 City Service Centre: #01-23
      74 words
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      Page 30 Advertisements Column 1
      468 30 [OTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 FORM 55 (Rule 114) MOTICE OF MEETING Of CONTRIBUTOR! ES MICROPOLIS (S) LIMITED (In Cradttors' Voluntary Liquidation) Take notice mat an Annual Maattng of Contributors in the abova matter wH ba hatd at 47 HW Street, CMneee Chamber of
      468 words
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      Page 30 Advertisements Column 2
      349 30 HJuRACO URACO HOLDINGS LIMITED 5522.5 MILLION GUARANTEED FLOATING RATE NOTES DUE 2002 In accordance with the provisions of die Notes, notice is hereby given that the Rate of Interest for die 6-month period from 16 April 1999 to 18 October 1999 (185 days) is 2.*****8% per annum with a Coupon
      349 words
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      Page 30 Advertisements Column 3
      432 30 Going to trade online 7 You need DBS investor Online Simply the best research 438-1188 >I< I )[',SBANK |A| HI URACO URACO HOLDINGS LIMITED SS22J MILLION GUARANTEED INVERSE FLOATING RATE NOTES DUE 2—2 In accordance with the provisions of the Notes, notice is hereby given that the Rate of Interest
      432 words
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      Page 30 Advertisements Column 4
      218 30 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF GESTETNER PRIVATE LIMITED (In Mtmbori* Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) of the Compamaa Act. Cap.so, that a Final Qartaral Meeting of the abovenemed Company be held at 9 Penang Road
      218 words
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      Page 30 Advertisements Column 5
      237 30 IN THI MATTER OF THE COMPANIES ACT, CAR 50 AND IN THE MATTER OF CTX OPTO ASIA PACIFIC PTE LTD (In Creditors' Voluntary liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 162 Bukit Merah Central #07-3545 Singapore
      237 words
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      Page 30 Advertisements Column 6
      241 30 THE COMPANIES ACT I CHAPTER s*) AND IN THI MATTER OF (IN VOLUNTARY LIQUIDATION) INTER-OCEAN TOWING (PRIVATE) LIMITED NOTICEOF maai r.FWAi MM-TINT. Notice is hereby givea that pursuant lo Section 308 of The Companies Act. Cap. 30. thai the Final Meeting of the contributories of the abovenamed compaay will be
      241 words
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      Page 30 Advertisements Column 7
      232 30 EN THE MATTE! OF THE COMPANIES ACT (CHAPTER St) AND IN THE MATTER Of (IN VOLUNTARY LIQUIDATION) BUN EE RUBBER COMPANY (PRIVATE) LIMITED NOTICE OF FINAI r.FNgBAI OTrrnir Notice u hereby given that pursuant to Section 308 of The Companies Act, Cap. SO. that the Final Meeting of the contnbuiortei
      232 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Pushing the local label
      1731 31  -  COVER STORY Has Fashion Connections succeeded in its efforts to promote Singaporean designers? paktathi karayan finds out on EL2 PARVATHI NARAYAN IN THE fashion retail industry, one maxim reigns supreme, at least where the consumer is concerned: buying foreign designer labels mean you have money and
      SIEW YAW HOONG  -  1,731 words
    • VIEWPOINT
      • Article
        I am woman, hear me roar – to my own detriment
        754 32  - I am woman, hear me roar to my own detriment Off the cuff* Would the verdict on remisier Sob Gek Kim have been different if she had taken a leaf ont of Ally Mcßeal's book and projected a meeker, more 'feminine' image? by Jaime Ee HERE'S A question for feminists
        754 words
      • STRAWS In The Wind
        • Article
          Bastardising the Bard
          86 32 FOR THOSE in love with Shakespeare, or not, here are some alternatives to confound them from the Internet: "You have bad breath!" Translation: "Thy celestial breath is sulphurous to smell." "What makes you think you're so great?" Translation: "Thou flatters thyself in project of power much smaller
          86 words
        • Article
          Star-crossed characters
          73 32 PEOPLE are starting to line up for tickets to the latest Star Wars movie in the US. Here's David Letterman's list of "Top Ten Rejected Star Wars Characters": 10) Oprah the Winfrey 9) 10-10-321, The Telephone Droid 8) Tae Bo 7) Captain Overhype 6) 01' Dirty Ewok 5)
          73 words
    • HEALTH & BEAUTY
      • Article, Illustration
        Fighting an ancient enemy
        1314 33  -  Cottage cheese thighs, orange peel skin, cobblestone tummy the war against cellulite has been waged with all sorts of pills and creams. Now, a new product claims to have the answer to the problem, ta* so tb* reports TAN SU YEN Beauty of a certain fullness
        1,314 words
    • LEISURE
      • Article, Illustration
        WHAT'S ON
        433 34  -  Compiled by Yasotha M MUSIC Singapore Symphony Orchestra: Prodigy Series Young Chinese violinist Li Chuan Yun takes on Armenian composer Aram Khachaturian's vigorous and ethnic-flavoured Violin Concerto in the first concert of the Prodigy Series. Also on the programme are Stravinsky's Pulcinella Suite and and Saint-Saens' Third Symphony,
        433 words
      • Article, Illustration
        Lock icon Waxing lyrical
        841 34  -  Thanks to the aromatherapy movement and a touch of millennial madness, the future of candles looks bright, says Christina del valle CHRISTINA DEL VALLE LAT-WP NNOT so long ago, candles spent most of the time in drawers, taken out only to embellish a birthday cake or a holiday
        LAT-WP  -  841 words
      • Article
        Lock icon Treat your candles right
        211 34 LAT-WP THE WAY you treat a candle determines how evenly it burns and how long it lasts. With prices of the most stylish pillars and three-wick candles starting at US$35, proper candle maintenance does matter. Here are some tips from the National Candle Association for prolonging
        LAT-WP  -  211 words
      • Article, Illustration
        Moral fare that's short on fibre
        653 35  -  CINEMA The grass isn't always greener on the other side. In writer-director Gary Ross' Pleasantville, it even turns out to be black and white By, Jaime Ee A HOPEFUL premise of Pleasantville is: wouldn't it be great if you could opt out of your
        653 words
      • Article
        A user-friendly, enjoyable piece of work
        608 35  -  CINEMA Office Space has the surreal feel of a cartoon, but avoids trivialising the nightmare of the workplace Byl Susan Tsang IT IS obvious that Mike Judge, director of Office Space, made his name in animation. He created the animation series Beavis And Butthead,
        608 words
      • Article, Illustration
        The perplexities of prosperity
        760 35  -  BOOKS Eat The Rich By P J OHourke Atlantic Monthly Press 246 pages, $30.90 Reviewed by Chuang Peck Ming ECONOMICS is an arcane subject dressed in complex mathematical formulas to make it look modern; it offers little practical guidance in solving today's problems. Besides, it's so
        760 words
    • MOTORING
      • Article, Illustration
        Quintessentially British
        744 35  -  That's the Rover 75, an elegant yet solid ride, vbm srbemivasam reports VEN SREENIVASAN LIKE other British carmakers, Rover has had a coloured history that saw it joining its compatriots in the mid-'7os decline of the motoring industry. After years of being in the doldrums, its salvation began
        744 words
    • EPICURE
      • Article, Illustration
        Imperial catalogue
        1191 36  -  Fine food and art come together in an exquisite banquet to be held at Hai Tian Lo. tan su yen samples the kind of dishes, painstakingly researched from more than 2,000 years of court recipes, that will be served TAN SU YEN THE QIN Dynasty gave the world
        1,191 words
      • Article, Illustration
        Culinary tour of South-east Asia
        557 36  -  TELEVISION What can yon do with packets of spice paste? Find ont in the Entree To Asia series By 1 Tan Su Yen YOU MAY have seen these spice packs in supermarkets, and now a travelogue-style TV programme will inspire you to cook with them.
        557 words
      • Article
        At last, Paolo di Marchi is happy...
        874 36  -  WINE CONNOISSEUR Isole e Olena is one ofTnscany's finest estates, and it's easy to see why By] N K Yong THE unprecedented run of four successive good to great vintages in Tuscany made it mandatory to re-visit wineries I had not visited for
        874 words
      • Article, Illustration
        Recreating family recipes at the French Festival
        173 36 CRAVINGS ORCHARD ROAD marks its "twinning" with Champs Elysees with a month-long French Festival. The tricolour is everywhere young women in berets peddle French lavender, and at Brunei-owned Royal Crowne Plaza Singapore, even the new general manager is rolling up his sleeves to
        173 words
      • Article, Illustration
        Durian delights
        172 36 ACROSS THE ROAD from the Crowne Plaza, Goodwood Park Hotel offers a break from all things French with the unmistakeably South-east Asian flavours of the durian. The durian season has returned and so too the hotel's annual "Durian Affair" which runs until August.The top draw is bound to
        172 words
      • Article, Illustration
        My secretary's at lunch
        167 36 IT'S SECRETARIES' Week next week and time for bosses to make the lunch bookings for a change. There are secretary specials everywhere, from Cafe Fontainebleau in Alison Hotel to Marina Mandarin's Ristorante Bologna, where a $40 set lunch offers possibilities like turbot and salmon carpaccio, lobster
        167 words
      • Article, Illustration
        Taking the buffet home
        141 36  -  Compiled by Tan Su Yen HERE'S A BRIGHT new idea for creating additional food and beverage revenue. When the popular French cheese promotion at Le Meridien's Cafe Georges ended recently, cheese-lovers who couldn't have enough of the buffet persuaded Frenoh cheese-master Gerard Poulard to sell the
        141 words
    • TRAVEL
      • Article, Illustration
        A walk into the past
        1155 37  -  Fes, with its splendid mosques and minarets, is the spiritual heart of Morocco. It is also a city which, delightfully, has not changed much since the 14th century, writes parfia SHAHA PARPIA The writer is a freelance contributor to Executive Lifestyle STEP into the Bab
        1,155 words
    • Article, Illustration
      CINEMA
      647 38 A Civil Action. John Travolta is an ambulance chaser who starts to feel for his clients when he takes on an evil conglomerate that has contaminated their neighbourhood. Suntec, West Mall, Toa Payoh, Jubilee, Bugis, Yishun, Bishan, Tiong Bahru, Boon Lay, Tampines, Plaza, Orchard, Lido, Choa Chu Kang, Jurong,
      647 words
    • Article
      ENQUIRIES AND BOOKINGS
      115 38 Cathay Org Cathay 338-3400 Eastshore 346-/flf 6 Orchard 235-8386 Pidurefiouse 338-3400 Yangtze 223-7529 EngWah Empress 777-5867 Jubliee 454-1640 Maidarin 292-9401 Marina 338-9719 Whilesands 585-1782 OoMan Villaga 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines8 TiongBahru Yishun Ovsrssss Mo vis Clementi/Co'wealtti 777-0669 Goldervttew Town
      115 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      78 31 Health Beauty That thing called cellulite EL 3 OCBC Arts Card Exclusively for priority bookings, bigger discounts, free tickets, and more. Jilf h s j n g a p ore QftSfestivcil '99 Call 1800-538-0118 for more exciting details! OCBC Arts Card "Singapore Arts Festival 1999" specials on Swatch watches at
      78 words
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      Page 31 Advertisements Column 2
      11 31 Morocco's medieval HFj city li3pV 'Mw jffl EL 7 L~~T& J^H
      11 words
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      238 32 CRYPTIC CROSSWORD 9 Coins come into this field of JMB——|lBl— 18 Mussolini's mess give gin 1 mation (7) she's got a cleaning business (9) 23 Clergyman's turn (3) we're told (9) 29 Employs us on essential parts L__L_L_L 1 I I I j contract (4) H| IB 30 Epicure wants
      238 words
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      Page 33 Advertisements Column 1
      330 33 v-/ i* m J ..-1 --jBW r '~af 4f?wL. 7 i-v* x-ff as^' 1 V \ys «P7 J_ :••>" V i ;V :u w JBfe ili "fe. f\ ■i£'. I i M?;! f Stfe--4 fer *s^®, IT r wm I •i» w v.- w v- ''"'-f M'r v# *8* i
      330 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      150 34 Where to wine, dine and entertain... Every Saturday and Sunday pamper yourself from a* early as 12.00pm to our sumptuous High Tea Buffet of popular Asian and Western sweets and savouries at Cafe Victoria. CALL: 330 3585 OR 330 3590 FOR RESERVATIONS 9SE2 76 Bras Buah Rood, Singapore *****8 Tel:
      150 words
    • Advertisement
      Page 34 Advertisements Column 2
      130 34 available for: J private parties flj company dinner and dance I conference I seminar and meeting. HOTEL GRAND CENTRAL UMITED I 22 Orchard Road/Cavenagh Road, II Singapore *****7 II T«fc 737 9944 Fax: 733 3175 I The Elizabeth Singapore pays special tribute to all Secretaries, with exclusive gift vouchers 3
      130 words
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      Page 34 Advertisements Column 3
      32 34 Buffet Lunch Buffet Dinner Mon to Fri Nightly Adult $14.80~ Adult $15.80" Child :$10.00'" Child $10.00*" High Tea Adult: $10.80~ Child: $7.00*" Sat, Sun Pub Holidays (12noon to spm) Hole! I I
      32 words
    • Advertisement
      Page 34 Advertisements Column 4
      112 34 Gourmets will welcome Shark's Fin and Abalone in six variations at the Hua Yuen Chinese Restaurant. Imagine a mini Buddha-Jumps-Over-The-Wall ($25)1 Enjoy the Braised Abalone with Sea Cucumber in Claypot ($35). How about Whole Abalone in Oyster Sauce ($35)? For reservations, please call 432 5543/5546. Pnca nAftct to 10% temct
      112 words
    • Advertisement
      Page 34 Advertisements Column 5
      145 34 ■L I 1-30 April 1999 I The Best Australian I Seafood Served I Singapore Style with W- I Aussie Wines I i^ustra^'an seafood flc meat 't>' m I onc to >est 10 suit oca 1 njh^^K' J tastc Lunch dinner. Reservations: Yn alg, 333 Orchard Rosd. Singapore *****7 Fmjr/32 2361
      145 words
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      Page 37 Advertisements Column 1
      269 37 f Tantalising Turkey, i An Exotic Holiday In The Land Where The Past Melds With The Future I Turkey is rich with 10 millennia of history. Whether ancient Roman ruins or majestic medieval mosques )nn m le miste d beauty of the molten, almost lunar and churches, there's a wealth
      269 words
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  • Page 38 Miscellaneous
    • Miscellaneous
      Page 38 Miscellaneous Column 1
      2166 38 TODAY'S TV RECOMMENDED VIEWINQ AwfareM I ~~1 """OH Headline News. 2.30 PM TV Innovations. J-JJ I^Converation a 30 Kidz Blitz: 7 30 Biz of Showbiz. WciyS bacteria and other 4 L ®-<x> Headline News. microscopic nasties die. Kidz Blitz: The World of EMNfeh A JJ& ®-®3 Business Tonight. T* r«„M
      2,166 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      112 40 V-, <* Need a home loan within 24 hours? r- Tf* </ Vf >}f >.'• r >*».' f. h -J; *> < '--•IV v 'V- if®! Horn# Call Keppel 222-8-222 v <!"• *1\- J. r 4 V"V- "O.*. -/V? i v^!#V*£'3 If V V V ~\i ■cisS'* •.,v The toughest
      112 words
    • Advertisement
      Page 40 Advertisements Column 2
      220 40 brought to you by lUfl.l'.lJiTlßil mm Bank Next week: Find out more about the various types of personal credit available Table of housing loan rates offered by banks, EM9 Give us your feedback and win a NETS Cash Card reader The above article is the second of a 13-week educational
      220 words
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      Page 41 Advertisements Column 1
      172 41 The Bank of East Asia Limited, Singapore Branch Foreign Exchange Leverage Account (FXLA), allows you to manage foreign exchange risk in business and the opportunity to invest in the world's major currencies by capitalising on exchange rate movements and interest yield differentials between currencies. You may open a FXLA and
      172 words
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      Page 42 Advertisements Column 1
      105 42 0% Lnts i£ i£ (fyd: uoux aiEom en atcfi toaau. Introducing Sincore's iu*\\ Privilege I'urch.ise M.uul.ird luit.ivd ivdit (.ml .nul \.mi lt in I'rogr.imnuv Ws, il now i-.isum Ini \on to In- t-n |m\iiv-; I w ,u u interest Mil"" '.imongst tin' pm i leged r.iti-. \t Inn f'-j, 1"
      105 words
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  • EXECUTIVE MONEY
    • Article, Illustration
      Asia bounces back
      857 44  -  Seven of the top 10 S'pore-registered funds in the first quarter invested in Asia, according to a performance survey, wong wq kono reports WONG WEI KONG Equity fund managers won big in what many would consider unlikely markets in the first quarter this year, with an Indian
      857 words
    • RESIDENTIAL PROPERTY
      • Article, Illustration
        Lock icon Under one roof
        931 39  -  Despite the convenience of a mall a few floors down, apartments in mixed developments fail to draw good prices, rentals, reports Aire wam mat ANG WAN MAY OWNERS of apartments above shopping malls tend to face poor rentals and values relative to pure private residential homes. There
        PHOTOS BY ARTHUR LEE  -  931 words
      • Article, Illustration
        Lock icon Atria prices come down to earth
        484 39  -  Prices have fallen to about $665 psf from peak of $1,300 By Elaine Koh THE Atria at Meyer, which once set benchmark prices in the East Coast, has come down to earth with a bump. Investors who had been willing to pay as much
        ARTHUR LEE  -  484 words
      • Article
        House Hunt
        1176 39 Selected property transactions for districts 15 and 16 (sectors 42-45, 46-46) lodged between Mar 3 and Apr 12. PROJECT NAME/ PROP CONTRACT TENURE BULI-HI PRCE PSF STREET NAME TYPE DATE LAND AREA' (SOFT) (STOOO) (S$ District 15 Casuarina Cove Apt 04/02/99 99 1216 620 510 Casuarina Cove Apt
        1,176 words
    • SMART MONEY
      • Article, Illustration
        Lock icon Using CPF savings to buy a home
        1416 40  -  A look at the hows, whats and whys of the process of tapping your retirement savings to repay a housing loan. ciiARXSSA tan reports CLARISSA TAN Everyone knows you can use your Central Provident Fund (CPF) savings to help you pay your housing
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        All you need to know
        699 40 These are some questions we've received from you following the first of our 13-week Smart Money series last week, answered by a panel of experts from Keppel Tat Lee Bank. Do keep your questions and feedback coming! QUESTION: Which bank offers the most competitive mortgage
        699 words
    • PERSONAL FINANCE
      • Article, Illustration
        A case for quicker disclosures
        868 41  -  THE FINER POINT SES should make sure that the transactions of a director or substantial shareholder are reported within the stipulated time By Louis Beckerling AMONG the more reliable barometers of what may be in the wind for share prices is a transaction done by
        868 words
      • Article, Illustration
        Lock icon What are the best car loan deals in town?
        1733 41  -  It all depends on your needs, but most packages work ont to be rather similar By Ven Sreenivasan DESPITE a steady decline in car prices and lower interest rates, 1998 proved to be a tough year for distributors. Fearing pay cuts
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    • UNIT TRUSTS
      • Article
        S'pore equity funds outdo STI
        835 42  -  In the last 6 months, these funds have posted double-digit growth amid the market rally. ex>aimx: koh talks to managers of the 3 top performers ELAINE KOH PUNDS invested in Singapore equities saw an impressive gain in the past six months, with those that caught
        835 words
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        Lock icon Trackers add to portfolio mix
        995 42  -  Passive funds command lower fees and track their benchmarks slavishly By I Shiv Taneja The writer is an editorial fund analyst with London-based Standard Poor's Micropal OVER the last year or so, Singa-pore-registered unit trusts have come in for a lot of flak for their
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    • Article
      THE UNIT TRUST SCORE BOARD
      252 42 UNTT TRUST/SECTOR (6 MONTHS: 30SEP9WAPR89) CHANGE RANK EQ 130.03 t OCBC Savers Korea/Korea EQ 114 63 2 Aberdeen Singapore Growth/ Singapore EQ 100.65 3 Schroder Singapore Trust/ Singapore EQ* 89.33 4 Aberdeen Singapore/Singapore EQ 86.44 5 DBS Shenton Global Advantage/Global EQ 0.67 119 OCBC Savers
      252 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Opportunities to tap European markets
        499 43  -  Merrill Lynch Mercury is considering launching EU-based Sings unit trusts later this year, genevieve cua has the details GENEVIEVE CUA STRUCTURAL changes sweeping through Europe's corporate, political and economic landscape are opening up opportunities for investors in the region's equity markets, says Simon Flood, Merrill
        SIEW YAW HOONG  -  499 words
      • Article, Illustration
        Lock icon Will euroland growth recover?
        931 43  -  With outlook at home and world at large improving, euro may finally gain some strength against US$ By\ Sarah Hewin The writer is senior economist at the Global Economics Unit of the American Express Bank in London THE European Central Bank (ECB) finally cut interest rates
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        ACU DEPOSIT RATES
        1277 43 Offered by various banks (as (it Apr 14. 1999) D«po«* mwurt 1-nHh 3nmh D»po»il wwount 1-mft 3-wth t-mtti DBS Bank fMMMNMMNMMMMNi HS8C flNNMNMMMMNMBHMMi W as AS&SS'S VZ 1122 V£5> ***** 74 999 3 6875 3 6875 3 6875 A25.0U0 A49.999 ***** 4 1700 ***** 75,000 149.999 3812S
        1,277 words
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      25 44 S*pore equityfunds outdo STI, EM 12 How to use your V B money to finance a housing loan BBfflHHlßßgWiiaigfc JJJ4I Jl AIgIfBWggIWBHBBBIIMBIMI See KM 10
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      Page 44 Advertisements Column 2
      32 44 Apartments and shopping malls prove mix, EM 9 Finance What are the best car loan packages in town? EMU span l"BT I Special Supplement I APRIL 29 PROPERTYPROPERTYPROPERTYPROPERTYPROPERTY PROPERTYPROPERTYPROPERTYPROPERTYPROPERTY PROPERTYPROPERTYPROPERTYPROPERTYPROPERTY TheßusinessTimes SINGAPORE
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      290 45 Bridge News, Reuters LATE trading was said to be quiet with details of concluded business slow to surface. Atlantic Panamax rates continue to look firm in the near term, but how long the situation continues remains a moot point. TlMlj-OHABTERi ♦Top Knight (built 1999) 73,600 dwt 14.7 on
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      MARITIME STOCKS
      260 45 IgrW U *b Hi CWT Distribution a74 0.07 2010 ClManHl* DM 0.04 1241 Cmco fcwaMnwit—0.41 0.03 333 rrtWrtUnka 0.24 0.02 ***** C* Molding* 0.49 0.04 *47 Hat tun Hup OH DM 3042 IMC HaMM*i (IK 540 unch 0 JmlUMngi 0-63 0.02 2640 Juronq Shipyard 7 30 -0.13 65
      260 words
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      NatSteel completes Aden port's crane spreader job
      404 45  -  Equipment picked for its rnggedness and reliability to withstand harsh conditions of port By] Felix Chan [SINGAPORE] Nat Steel Engineering has completed delivery of a series of spreaders for PSA Corp's Aden Container Terminal (ACT) which commenced operations last month. The deal secured
      404 words
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      Learning tool
      95 45 [SINGAPORE] The so-called Boomerang Box, an educational project sponsored by container shipping line APL, arrived in Singapore on Wednesday to a fanfare of pom pom girls, streamers and balloons. Lim How Teck, president and chief executive officer of APL, is pictured in front of the 40-foot container decorated
      95 words
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      Lock icon Newport News does not expect prolonged strike
      160 45 Reuters, Bloomberg [NEW YORK] Newport News Shipbuilding Inc, the largest maker of nuclear submarines and aircraft carriers, does not expect a prolonged strike of six to nine months, chief executive William Fricks said. No new talks have been scheduled between the union and
      Reuters,; Bloomberg  -  160 words
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      Concern raised over engine failures during berthing
      648 45  -  ADMIRALTY CASEBOOK By Selva Kumar CANBERRA'S Marine Incident Investigation Unit (MIIU) has pointed out a worrying trend of engine failures during berthing operations. The unit has reported that between January 1994 and August 1997, there were 76 recorded incidents of engine failures just
      648 words
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        Lock icon Up or down? Philippine Airlines' fate still up in air
        520 46 AFP, Bridge News [MANILA] Philippine Airlines (PAL) was spared liquidation when the Philippine Securities and Exchange Commission (SEC) yesterday gave the carrier up to May 4 to submit a supplemental rehabilitation plan. The SEC rejected the cashstrapped airline's revised rehabilitation
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        Saving New York's shipping
        285 46  -  By 1 The New York Times GOVERNOR Christie Whitman of New Jersey and Governor George Pataki of New York have long had profound differences over how to run the Port Authority of New York and New Jersey. At the moment, they have an obligation to put
        285 words
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      SHIPPING SCHEDULES INDEX
      318 46 PACE Frota 12 ML 3 Frt Links M Accord 8 6 Link 4 Ahrenktel 14 Gemartrans 8 AASCO 4 Genshpg 14 Appenship 5 Gl0f > 14 Austral 8 H SunHu P Avant 14 B'tang Mas 8 H n 3 BSA 7 Heung-A 4 BTl 14 Ho *>
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      SHIPPING GUIDE
      19635 53 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Name Name Number Number SIN Oest'n Name Name Number Number A Bin ,AkJ ran it OAm 24/04 22/05 Evergreen NUOVA NIPPONICA UKHHW 65-*****11 TO ABIDJAN (ABJ) 2003 Cot* D Ivolrt 15/04 21/0!
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    • SHIPS IN PORT
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        CONVENTIONAL WHARVES
        698 59 ss Voy No Berth Arrival Departure *03/99 J02 alongside 15.04/2359 Bright Coral 7A J23 alongside 15 04/2300 Bt Handi Jay *****9 J01 alongside 16.04/0100 Bt Mm Gt6 S7 *****9 J01 alongside 16.04/0100 Bt Mus Indah *****9 J01 alongside 15.04/1630 c 15/04 J09 alongside 15.04/1500 Ima Excel 9908 JOT
        698 words
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        CONTAINER SCHEDULES
        1706 59 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booklng/BaUnco Rstls Ship Voy No Ctb/Btr Period From To From 0«T MM ***** M ***** 8045* 150*00 ken U4Mt< 0O*A 8/1500 U 15/1500 15/1659 15/1900 15/1500 8045* 15/1900 2A 8/1700 14/0*59 14/0900 a 8/1700 14/0459 14/0900 1 14/0700 8/1159 8/1400
        1,706 words
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        GLOBAL HOLIDAYS
        189 59 Apr 17 Brunei: Hijrah Anniversary of Royal Brunei. Indonesia: First Day of Muharam. Malaysia: Awal Muharram. Apr 25 New Zealand: Anzac Day. Apr 26 Australia: Anzac Day Holiday. Apr 29 Japan: Greenery Day. Apr 30 Denmark: General Prayer Day. Finland: May Day Eve. M»yi Greece: Labour Day. Germany:
        189 words
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        COCKETT BUNKER MARKET REPORT
        726 59 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 averagesized stem. Market movements are Indicated. The Cockett Bunker Price Index change and the
        726 words
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        VERITAS BUNKER QUALITY REPORT
        363 59 Cjrt0 MO Ma 995.1 14 19.1 0.10 M 0.05 P*ntitT Water hiKw Art AkmMum hfcg Wo above £25 1 1 10 0 0 0 J*) Aw 965.8 0.4 12.5 0.07 40 0.02 M/im %,/y uiu 222 3,0 994J U *2 0.11 250 0.05 »v/v Pfu twx
        363 words
    • AIR & LAND TRANSPORT NEWS
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        Smaller airlines, airports using resource software
        391 60  -  Interest driven by need to cnt costs, increase efficiency By\ Marcus Hand [SINGAPORE] Smaller regional airlines and airports are now looking towards resource planning software to increase efficiency and reduce costs, according to transportation software specialist ILOG. "It is new that smaller airlines are
        391 words
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        Lock icon US carriers may apply for extra China flights
        140 60 Reuters [WASHINGTON] The US Department of Transportation invited US carriers currently flying to China to apply for the new flights allowed under a US-China aviation deal signed last week. The DOT asked the three US carriers who now serve China, Federal Express,
        Reuters  -  140 words
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        Lock icon JAL urged to join oneworld as soon as possible
        326 60 Members of global group want Japanese carrier to take part in forming policies Bloomberg [TOKYO] Oneworld, the world's No 2 airline grouping after Star alliance, said Japan Airlines Co should join their group, and "the sooner the better". JAL, Asia's No
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        Lock icon Japan meets international aviation safety standards
        173 60 Reuters [WASHINGTON] The Federal Aviation Administration (FAA) announced that Japan's aviation authority meets safety standards set by the International Civil Aviation Organisation (ICAO). Japan earned a Category I rating from the FAA, which means the country has monitors in place to ensure that Japanese
        Reuters  -  173 words
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        Lock icon Garuda on target for US$30m profit this year
        421 60 Reuters [SINGAPORE] Indonesia's debt-ridden state airline Garuda Indonesia is on target to meet its US$3O million (5551.5 million) profit target for 1999 and expects business to return to normal after this year's elections, an executive said. "The first three months were quite
        Reuters  -  421 words
      • Article
        Lock icon Number of passengers using British airports at record high
        218 60 AFP [LONDON] The operator of Britain's commercial airports, BAA pic, announced that a record number of passengers passed through its seven British airports during the financial year to March. In total, 112.5 million passengers, an increase of 7.6 per cent from
        AFP  -  218 words
      • LOG Book
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          Lock icon Japan may lift ban on N Korea flights
          60 60 AFX-Asta (TOKYO] The government is considering lifting its ban on charter flights to North Korea, Foreign Minister MasahlkoKomura said. Sanctions may be dropped or suspended to allow a direct flight to Pyongyang for a planned delegation led by former Social Democratic Party
          AFX-Asta  -  60 words
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          Lock icon HACTL launches new service
          27 60 AFX-Asia esssKß Wl mifiMmiSli M.HHHIW arum BUftfsgants "unprecedented" access to facilities and resources at SuperTermihal 1 at Chek Lap Kok airport. —AFX Asia
          AFX-Asia  -  27 words
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          Lock icon BAe team in Libya
          48 60 AFP [LONDON] A delegation from British Aerospace (BAe) has arrived in Libya, Libyan television reported. The BAe delegation is to hold talks with representatives of Libyan communications and transport ministry "on relations between the two skies", Libyan television said, without giving farther details. AFP
          AFP  -  48 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1683 60 CITY FU6HT ETA FU6HT ETP LM7I7 2359 MlWIl AM230 1900 ****** 2359 LH6381 1900 S***** 2359 S0230 WOO FukitoU S0989 1645 S0990 0105 AMtertM S023 0705 KL844 0040 »H0iiWC S0003 1905 CZ354 0910 S0327 0745 KL843 1730 C235I 2045 S0004 WIS wmt 28 *****8 2300 *"7«
        1,683 words
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        Lock icon Minis from Kia
        50 60 [SEOUL] Models pose next to South Korea's Kia Motors' new mini van, the GSL DOHC2,OOOcc Carstar (left) and the mini car 798 cc Visto, on display at an exhibition yesterday. Kia Motors unveiled the new cars following its merger with South Korea's Hyundai Motors last December. AFP
        AFP  -  50 words
      • Article
        Lock icon Aeroflot, Delta in talks on code-sharing pact
        341 60 Bloomberg [MOSCOW] OAO Aeroflot, Russia's national airline, said it is in talks with Delta Air Lines Inc, the third largest US carrier, on sharing some routes to cut costs and attract new customers by offering more destinations. Delta said no final agreements have
        Bloomberg  -  341 words
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      20 45 Philippine Airlines' fate still up in air Carrier given up to May 4 to submit a supplemental rehabilitation plan. P*ob2
      20 words
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      175 45 n GLORY SHIP MANAGEMENT H ra PTE LTD M |U We are managing a large fleet of 41 vessels, U n comprising of tankers, bulkcarriers, loggers, PI mm RORO, PCC, multipurpose heavy-lift vessels, M n container vessel and tweendeckers which are W mi owned by the GLORY GROUP. M Due
      175 words
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      216 45 JAL urged to join oneworld as soon as possible Members of global group want Japanese carrier to take part in forming policies Back Page More news reports, Page 2 r' Special Feature Shipping Times 27 April I Published in conjunction with the Each of these topics is of crucial Oceanology
      216 words
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      1063 46 I NORTH AMERICA I EXPORT I OTHER DESTINATIONS I [ssx.suFtmHumtEXPßOt-wwCTTOu 1 VBgl IBai I t g NOU o«t «T mokoott msa I vOT I" ai lrrwrml V'T" 1 '""TIT" 1 co«wto 1 rr' l --njMgml :>iiuain jJH!} JvE I \*Z "S/j] n/11 nil! a»muKM tm is)m IW u/m m/m n/M
      1,063 words
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      711 46 Lines services represented (-WOM-) by Memt>ers of Accredited Shipping Agents Singapore Association Members of the Sngapore Freight Forwarders Association NORTH WEST EXPRESS LINE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPKR/FMMANILE (MONTHLY SERVICE) MV "TBN" ETA SIN 15/05/99 BOOKINGS CALL MOMCA/AI UNO TEL 323 4374 CONTAINERS/ CONVENTIONAL CARGO PORT UAMG/SMGAFORf/JAtAfU t
      711 words
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      1156 47 TO EUROPE FROM EUROPE rasa VOY SIN im AMR HAM MY SOU FIT lEH VtSStl VOY RTM ANR HAM WV SOU FIT UH SIW NOl AGATE 012W If/04 06/05 00/05 11/ OS 05/05 NOtCYPMC 010 C 25/03 27/03 30/03 24/03 17/04 HYADMMAI 319W 22/04 15/05 12/ OS 13/05 10/05 NOtIOUTE
      1,156 words
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      2037 47 OHANJIN SHIPPING !ik P1 -Mb *****30 HANJIN SHIfPtNG (S) PTILTD Knp hxpi com 100WKG *****35 237 SALES *****24 7* DOCUItf NT *****71 774 OftttriOK *****50 751 MAIN UK *****55 MX 777**0 01 NO **********0N I TO NW USA A CANADA I USA CANADA* 1 FDO VSL/VOY MM SM UMHAUI/YOY OA
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      506 47 FULLY CONTAINBIIHP PBPICATIP IHVICII ossa m_ _sm_ pit nor sw «6 *a usw pus 1W I I*6 Iflffi. |ni ISi* I jkt j MONUNU 7JS 11/04 70/04 TIN 71/04 75/1)4 77/04 70/04 30AM jioffil IMTCinSAN _OQSS_ 7MM 30/04 07/05 04/05 OS/D 3 pMTf hSsTque Sff I m/6s I MtTCWf&AN OOPS
      506 words
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      1558 48 DSR-SENATOR UNES TO UK/CONTINENT TO MEDITERRANEANfCANADA WY liH rtw urn h«m mv I fut I «ssti Ivor sin on trt rot Iwc mtw nUKETEMHTr WO9II 1(04 06 05 00 06 0106 07 06 0(06 PATMOS SENATOR WM9II 15 04 02 05 04 66 00 06 06 06 16 66 HANJM
      1,558 words
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      845 48 Cyrton MM COHTB LINES, INC p.GUOANftmaane t)v V=J SHU: <0»«) *****9 MANILA: (632) *****24 £g%%ffSSSS7., )M<ro SSSSSggSS CALCUna I MADRAS MV "ORAM BREEZE" V.913N MV "OCEAN BRILLIANCY" V.08R45 ETA SIN: 25-4-99 ETA SIN: 22-4-99 SURABAYA SHANGHAI MV "JURONG BALSAM" V.032 MV "HYUNDAI BARON" V.31 BE ETA SIN: 18-4-99 ETA SIN:
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      503 48 LINE MUARA LABUAN vissa vor nt n> vosa voy no m spommuaia spo« lon CAIAKAM332 VW/H MM 11/04 CAIAKA JN332 Vool/t9 MM 19/04 j rtosfa vok/w 20/04 a/04 j rtosret vo«/w »/04 m/ 04 (AAAKA M 337 VOW/H 2S/04 20/04 (AAAKA JN332 Vo*/* JS/04 »/04 JPtOSPB VOOf/ff 30/04 03/0S JPtOSPB
      503 words
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      1360 49 VESSEL VOV HKQ SIN PKO PQB DXB PMM BHJ BA BIK IRAN TEYFOURI PJLI34O 12/04 21/04 22/04 23/04 25/04 27/04 IRAN BAAKERI PJLI34I 16/04 19/04 28/04 29/04 30/04 02/05 04/05 IRAN SHAHRIAR PJLI344 23/04 25/04 05/05 06/05 07/05 09/05 11/05 IRAN BAABAEI PJLI34S 30/04 03/05 12/05 13/05 14/05 16/05 18/05
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      2053 49 Wnkly Sailing to ki%m Hod«idak, D|ibouti (Via Dubai) I rlic A T rS t .i»fi.i GE i« ■tm 6 SHENTON WAY TIL 226 1900 FAX: *****00 OUTWARD (IA) 4205M2 JOHORE OfFKf: JJft?is2E2 SSS2EL *****57 60 INWAM OEPT (0/0) *****85 COSTA* AGENCIES (M) SDN BND T/sHPHTotrT *****25 HL 02-07-*****66 FAX: 02-07-*****70
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      1273 50 EUROPt/UK/SCANtMNAVIA/FtmAKP/HUmA aw M rSGP] ROM ANW MBG THP ZEE LHV LMV TUP ROM ANW HOG PKL rsGP~I C £££f?i!)?2£ IZ*? 07 5? 12/09 Mlfl6 I <M» 11/05 12/05 NUOVA GENOVA RE 022 24/03 21/03 30/03 01* 73/04 HS22L7££Lj I?~ IMB 15/06 18/05 U,05 E RESULT Rf-024 01* 04/04 02AM 06:04
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      640 50 jSggJJfl PACIFIC INTERNATIONAL UNES (PTE) LTD I SaaaaSM MmM 140 Cecil Street, #03-00 PIL Building. Singapore *****0. 1 CR NO **********06 I I [VWfl VpT sw _F|L STB M I OUNGATUAMM 155 l«/ 4 U/4 J4/J fIT ii?< I iY/< I OMKfIAM jBZZZgZTZ Z3I3Z m;< I \n m l jft
      640 words
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      453 50 fia. NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL 1 VOT ISW j PUI IDml JM 1 (FT I M GOiDEH MAGON MIIS 17/04 25/04 2V04 01/05 03/05 NAOTAI QUEEN VO34S 21*4 10/05 NAMttl DtAGON HOI3S 06/05 15/05 H/05 22/05 23/05 NAffIAJ VENUS V.034S H/OS 24/05 30/05 02/06
      453 words
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      453 51 MMK MYANMA wBBk FIVE STAR LINE (MyaHHor Notional Dm) w loading for Y a agon (Rangoon) VISSU VOT SM PKI KM PGU MGO VIO9W $10 MALAYSIA AGtNTS: MUSTIAD SMPPMG AGENCIES RUL TU (03)2417)00 P*L TH (03) *****01 rot m (04) 14)2402 PGU: HI (07) *****21/4 BANK LINE (A Mrvk* of
      453 words
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      1346 51 HMNEHYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOT ISW I SOU IB! RTM ANT HAM BtV HI IVBSa VOTI SOU I 181 I «TW I AWT NAM I MTV H I MOSa S26W 14/04 07/05 00/05 02/05 04/05 NOtCYPMC 0101 24/03 31/03 27/03 30/03 17/04 NOIAGAI! OI2W 19/04 05/05 04/05 00/05
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      797 51 II Barwil BARWIL AGENCIES PTE LTD NOTICE or REMOVAL We are pleased to inform that with effect from 24 April 1999, our new office will be located at: 1 Kim Seng Promenade #16-09/12 Great World City West Tower Singapore *****4 Our new Telephone Facsimilie numbers: Tel: (65) 379 5033 Fax:
      797 words
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      1746 52 ■AHOKOK/MAP T* PMUT/LAIM CH*»AHO I JAKAWTA/>AWJAHO VEBBgL VOY MM BKK MTP LCH VESSEL VOY SIN JKT [~PJN MATW 41 ON 17/04 21/04 20/04 ANRO JAVAKARTA' 063 ~17/04 20/04 XETHA BHUM" 279N 18/04 21/04 22/04 HAW BHUM 363S 17/04 21/04 CHANA BHUM** 88N 18/04 23/04 VIRA BHUM 2573 19/04 23/04 22/04
      1,746 words
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      48 53 Dial 740-6000 on demand —(Retrieve more schedules!) sj» Press"," cl jC\ Select the port and key in the fpur digit code eg: To New York (NYC) 2275 Key in your fax number I your phone number Anothfinnovativ service offered by CTC The document WiM be SHIPPING TIMES *113asg>--.--
      48 words
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      135 55 ■■■mMjMBM l FREE Reader Enquiry Service cut out and fax to 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product
      135 words
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      146 56 _f^tjigiWPi«*- .^^^KtiillWlllßßllflM Xrft^Ee FROM: U.K./ CONTINENT/ MIDDLE EAST TO: FAR EAST TAW -KM THI mE^Ol S* lAEM CHAIAN6 MANNA HONGKONG KHLUN6 AVSI M/OS 03/06 DONVOYOI6 SAILED 17/04 22/04 LOADING fOK: PASOUALE JOOM/Un/HIKNM6/*NTWnr MALAYSIA- KM M) SDN OHO TAWAU CAftKOtN FIOGHT SVCS pan HUNG AGB(T: SUNSHP AGOKES (M) SON WD P.
      146 words
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      Page 56 Advertisements Column 2
      196 56 aawiiii^^wfninTfwnTyTinTfnfyffTf^^M SMIPPINQ LINE I .411 |4 111 VI I|Il" BkV lIN'A I J ifVflll I LIBYA BENGHAZI TRIPOLI vcsamw vot.wo mam vmtxxt w*i roamw W omomzi tmmu TFffoutl 1340 (8.04W IiMW BMW HLOAIAT H.MW W.O4W 01.05.W 1341 WO4 W HO4W W.04.W H UGtfll ?1(H W QI.QS.W 0305 *9 S"* l
      196 words
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      140 56 ESP LINES WtlKlY ICI AM fCI StKVKI «Pm< W»-CQ«T BUM ISfiS CMTTAGON& MMUS IANGtOC. HONS lONS WUMVKt lOTTH6AJI MNAY.COIOMO JAJUUTTA MMU AIfTWHf, NUSTOM CJU.CMTU HO 0> IMHH. WUHWM6 REGULAR CONTAINERISED INDONESIAN SOVKI vßsa/vorta s-rott «t I sw I x I at S CAUUK D 74 W/W 11/14 IVtM WW 1
      140 words
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      Page 57 Advertisements Column 1
      1130 57 SAMUDERA SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 JIOOKIMGS CALL DIRECT LINE; 535 6266 Cella/Jessica/Mel Chan/Jeslynn/Dora/lvy/Hanlm 8 SLGS/WEEK EVERY 4 DAYS [VESSEL VOY SIN TJAK t/CQQCI UAU S|U (M
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      Page 57 Advertisements Column 2
      891 57 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO Hfi iB SI M UK—fcm low mlimldml uv I mw mm I™*™'"" "f" gg "g ;v» U/04 7/04 „/04 21/04 »/<* -A jgr S ?I<H ff(B lift* ww »w jaztL jiaEjaz: HOigMom J3/6LJ&M.JI/5LJi/gjJ4/go_jo/aft_ 01/00 04/01 05/01 01/00 12/00 17/01 21/01 PKG VTA
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      Page 57 Advertisements Column 3
      48 57 SHIPPING •WAREHOUSING Batom: Singapore leading Daily Man to Sal (BATAMINDO l/nn Accepting K1 X"onver*K)nal/Pro)ea/Hea\> Lift Cargo Reefer Container linton: Singapore Uiading Mon. Wed Fri (BATAMINDO II) Accepting FOA'onvenoonaWroject Heavy Uft Cargo Tat: 227 0322 Fax: 222 9330 BotoMiado Shipping Warafcovsbg Pta Ltd 7A t—4 t Pl» <«■>*»» torn OMOH
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      Page 57 Advertisements Column 4
      608 57 CCC* Singapore Soviet Shipping CPL kV« > oosomoooom k\\l Wultiliw Shipping PL W33) S«*Mfary) CI N* **********0 C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO3S 29/04 06/06 TBA 16/05 KOTA RATU RTUO43 06/06 12/06 TBA 06/0S KEOAH 129N 11/06 19/06 TBA- 30/06 VESSEL VQY im CALCUTTA fttl SEA
      608 words
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  • Page 58 Advertisements
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      Page 58 Advertisements Column 1
      579 58 I "vessel voy sinmaasi!^ TIGER SEA 701N 16-17/04 23-25/04 30-01/05 I TIGER BAY 702N 20-20/04 27 29/04 04-05/06 I TIGER ISLAND 703N 23-24/04 30-02/05 07-08/05 I TIGER PEARL 704N 27-27/04 04-06/05 11-12/05 I TIGER SEA 705N 30-01/05 07-09/05 I TIGER BAY 706N 11-13/05 18-18/05 I IVESSE^^^^VO^^SI^^CA^^SI^I TIGER SPRING 371CN8 18-19/04
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      Page 58 Advertisements Column 2
      1052 58 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesindsingnet.com.sg DIRECT CONSOLIDATION SERVICE TO ASHDOD CEBU LAEM CHABANG SAN ANTONIO ALEXANDRIA COLON, PANAMA MALTA SANTOS BUENOS AIRES ISTANBUL MEXICO CITY SHANGHAI CALLAO, PERU IZMIR NEW DELHI XINGANG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong
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      Page 58 Advertisements Column 3
      38 58 REGULAR DIRECT CONTAINER BREAKBULK SERVICE TO PORT LOUIS DURBAN EXPORT VOY SIN PTL DBN ALS EXPRESS 05WB 26/05 06/06 11/06 ALS ENDEAVOUR 06WB 24/06 05/07 ICVD7 accepting to johannesbuhg AGENTS: SINGAPORE BEN LINE AGENCIES T«l: *****22 Fax: *****63
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      Page 58 Advertisements Column 4
      962 58 OOCL (Sinoopore) Pte Ud ck n 65 CMa Si OCBC Ctr #42-00 *****13 Mi Sl3 #01-121 Z 1 CI NOIII7S7SOOOOH 1* 272 7127 F« Md* M=43A3U3F«:4M 2966 272 7»2$ JjT MIrK M Orient Overseas Container Line wywry (Malaysia) Sdn Bhd (fag Nk *****2-u| (a f PETAUNG JAYA U 03-754 777*
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      Page 58 Advertisements Column 5
      144 58 FULL CONTAINER SERVICE SIN PASIR QUDANQ SIN DAILY SAILINGS [VESSEL I VOY ICTAPG I DAY I VOY I ETA SH I C*V Acct*h»u UC cargo > IB3S Cmißm (SOC) (COQ AGENTS: SINGAPORE PANCON SHIPPING MARINE SERVICES PTE LTD. TEL *****50 (0 LINES) FAX: *****32 C/n NO: **********0-W PAIIH {MJOAftO COMPASS
      144 words
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  • Page 59 Miscellaneous
    • Miscellaneous
      Page 59 Miscellaneous Column 1
      125 59 LEGEND: R Thunderstorm Tempwotur# V Shower Weather Wind direction with speed m knots Ram Cloudy Sky Wove height Surjoce winds ore mdkoted by arrows which Hy with the wind One ful circle represents colm or bght ond vonoble winds One hoH fleche represents 5 knots L-* One Ml Heche represents
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