The Business Times, 23 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) 04tVl2^)8 85c SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, APRIL 23, 1999
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  • Article
    MARKET SUMMARY
    63 1 QSu. (+20.06) □BT-SBI H173 (+9.89) □msa FUTURES ***** (+4.50) nXAKKET MOODs Ei Mixed STOCK HAKZET INDICES Thursday Change KLSECOMP .696.43. +19.73 NIKKEI IM6M8_*17fc8l HANG SENO *****J>4 +389.78 SET INDEX 401)1 +4.4 JAKARTA OOMP 47*14 -119 MANILA OOMP __133&41 +25.44 TAIPEI WPI 7,494.69 +2044 SEOUL COUP 740.40 181 CLSA
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  • Article
    FINANCE
    77 1 FOBEXIATES US) s$ US« 1.710 £(US$/SJ per 1.666 2.746 EURO(US$/S$perE) 1.066 1.821 DM 1.836 0J31 YEN 119.9 1.426 JUf 1800 0.460 HKS 7.749 0221 BAHT 17 J1 0.046 RUPIAH 8,646 0.020 •SfoMuniU PUKE BATES SINGAPORE* 5.825 KUALA LUMPUR 11.50 JAKARTA 28.00 BANOKOK 14.76 MANILA 22.80 HONGKONG 10.25 TAIPEI 8.80
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  • Article, Illustration
    Lock icon Hong Leong puts all hotels under one roof in £556m revamp
    789 1  -  Move will torn M&C into major global player with 17,300 rooms in 67 hotels By< Conrad Raj [SINGAPORE] In a major rationalisation of its hospitality division, the Hong Leong group is placing all its hotels under one umbrella Lon-don-listed
    Source: COL Hctals Int'l Ltd  -  789 words
  • Article
    STI rises 20 pts, regional markets continue rebound
    399 1  -  ST Index now just 300 points away from its all-time high By] R Sivanithy [SINGAPORE] Underpinned by a further slide in interbank rates, the Straits Times Index rose 20 points yesterday for its second straight rise, while the region's other markets continued
    399 words
  • Article
    Lock icon US$219m just for a shot at Telecom Italia
    224 1 But Olivetti will have to pay USsl.7b if its bid succeeds Bloomberg [IVREA, Italy] Corporate takeovers are costly affairs. Just ask Olivetti, Italy's sec-ond-largest phone company. Olivetti, which is trying to buy bigger rival Telecom Italia for US$65 billion (Sslll billion), estimates
    Bloomberg  -  224 words
  • Article
    Free BT for a month + a cuppa
    124 1 Free BT for a month a cuppa BE among the first 4,000 customers at any Coffee Club and Coffee Club Express outlet and you'll get a month's subscription of The Business Times. And a free cup of coffee. But you will first have to answer a few questions on your
    124 words
  • Article
    Solution to Clob problem is on the way, says Mahathir
    350 1  -  A solution that won't disrupt market being worked on From Eddie Toh in Kuala Lumpur THE Malaysian government has said it again: it will resolve the Clob issue "soon". This time, it came from Prime Minister Mahathir Mohamad. Dr Mahathir,
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  • Article
    Lock icon Dow up 111 at 1pm
    78 1 Reuters [NEW YORK] US blue chips rose in morning trading yesterday, bolstered, by an unusually strong earnings report from the world's largest computer company, IBM. By lpm EDT, the Dow Industrial was up 111.40 points at 10,692.82. This followed a rise of 132.9 points on
    Reuters  -  78 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Asia-Pac's US$350b telecoms market
      228 2  -  From, Raju Chellam in Toronto THE telecoms equipment market in the entire Asia-Pa-cific region, including Japan, China, Asean and Australasia, will grow to US$lOO billion (SSI7I billion) in 2001, from US$72 billion in 1998, according to market estimates by Canada-based giant, Nortel Networks. The telecoms services
      228 words
    • Article, Illustration
      Lock icon Manufacturers upbeat on new orders in Q2: poll
      407 2  -  Don L Bradstreet's Optimism Index up; S'pore said to be in turnaround stage By\ Marissa Chew SINGAPORE businesses, especially manufacturers of non-durables, have become more upbeat, expecting to get more new orders in the second quarter, a survey by business information service
      Source: Dun & Bradstreet  -  407 words
    • Article
      Better prospects, so no staff cuts at most IT firms this year
      386 2  -  Firms in survey say employer's CPF cut helped save jobs By Toh Han Shih MOST companies dealing with information technology see better prospects this year and so will not lay off staff, according to a survey of 101
      386 words
    • Article, Illustration
      Lock icon OUB's Seah hints at prime rate cut, but says 'no pressing need'
      426 2  -  Bank's off-balance sheet items no cause for alarm, he says By\ Siow Li Sen OVERSEAS Union Bank president Peter Seah yesterday hinted at a prime rate cut, saying there was some pressure on the prime rate to move
      SIEW YAW HOONG  -  426 words
    • Article, Illustration
      Lock icon Electronics exports lag recovery
      358 2  -  BYE ON THE ECONOMY Trade By. Audrey Tan SINGAPORE'S trade figures may be showing signs of improvement, but key electronics exports are lagging the recovery, figures from the Trade Development Board (TDB) show. While non-oil domestic exports fell 3.2 per cent in the first quarter better
      Source: JP Morgan  -  358 words
    • Article
      Prices at property auction up 10%
      355 2  -  By\ Marissa Chew THE recent stock market rally and improving sentiment for the economy helped boost selling prices by 10 per cent at a property auction yesterday. Of the 23 properties put up for auction in two sessions, 12 were sold. A 13th was
      355 words
    • Article
      Japan envoy calls for greater yen use in regional deals
      353 2  -  He sees scope for Japan investments In RAD here By\ Eugene Low JAPAN'S Ambassador to Singapore Hiroshi Hashimoto hopes for a deeper understanding between Japan and Singapore on the need to use more of the yen for transactions in the
      353 words
    • Article
      Temasek's different share transactions
      230 2  -  MAXLBAG Tan Siew Khoon (Mrs) Senior Vice-President Corporate Relations Temasek Holdings WE refer to your article headlined "A case for quicker disclosures" (BT, April 16). Temasek agrees with your writer on the need for full and prompt disclosure of share transactions by substantial shareholders. However, it
      230 words
    • Article
      National Semicon lays off 165 workers
      468 3  -  Despite industry optimism, it has yet to see orders rising By Jennifer Lien CHIPMAKER National Semiconductor yesterday laid off 165 staff, or 10 per cent of its Singapore workforce, the first time it has retrenched staff in 10 years. The company said it had
      468 words
    • Article
      Most S'poreans ill-prepared for retirement: study
      501 3  -  They're not savvy enough about financial planning, long-term needs By < Genevieve Cua MOST Singaporeans believe they are in control of their finances, but only one in three save for retirement. As for children's education, half of the respondents polled in a study last
      501 words
    • Article, Illustration
      Lock icon CyberWay to woo subscribers with low rates, better services
      502 3  -  By 1 Teh Hooi Ling INTERNET service provider CyberWay, which was recently bought over by new phone company Star Hub, is gearing up for an all-out effort to woo new subscribers with cheaper rates and better and more-value-added services. Newly-appointed general
      CHRIS LOH  -  502 words
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      176 2 Cafe Madelaine More than just a cafe, amidst an oasis of calm by the Singapore River, with promotions that'll bring on a smile. •jlorwe^ Also try our tasty pizzas, pasta, sweet pastries signature blend drinks. PrnmntinHS focaccia bread with any order of set lunch or main course Lunch Only. glass
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      7 2 CATA Buy It. Sell It. Find It.
      7 words
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      9 3 HOCK LOCK SIEW Takes you behind the news TheßisinessTimes
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      Page 3 Advertisements Column 2
      108 3 PRA D A Planning for thefuture? Start now, Pg EM 11 has taken on Jaguar on way. has the attributes of a Jaguar refined power, agile driving dynamics, performance feel and an inviting interior. Next week sees the dawn of a new era. Call 378 2624/378 2625 for your free
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  • REVIEW OF SEVENTH MALAYSIA PLAN
    • Article, Illustration
      Lock icon M'sia forecasts higher than expected 5% growth next year
      910 4  -  Private sector economists see GDP growth for 2000 at around 3% From, Diana Oon Abdullah, Eddie Toh in Kuala Lumpur MALAYSIA has projected a higher-than-expected gross domestic product (GDP) growth rate of 5 per cent next year and is confident of
      FILE PHOTO  -  910 words
    • Article, Illustration
      Lock icon M'sian govt to rework privatisation blueprint
      731 4  -  Move aims to speed up process of privatisation From Eddie Toh in Kuala Lumpur MALAYSIA will redraw its privatisation blueprint, which has come under fire, but the private sector will remain the main engine of growth. The government said it would review existing legislation
      FILE PHOTO  -  731 words
    • Article
      Lock icon No plans to nationalise privatised entities, says official
      251 4 AFP [KUALA LUMPUR] Malaysia has no plans to nationalise projects that have been privatised but are currently facing financial difficulties, according to officials. The government will hold discussions with companies undertaking the privatised projects to try to "iron out the problems together",
      AFP  -  251 words
    • Article
      Lock icon KL to review foreign investment incentives
      187 4 Bridge News [KUALA LUMPUR] Malaysia will review existing incentives for foreign direct investment (FDIs) during 1999-2000, according to a review of the Seventh Malaysia Plan. The mid term review report, drawn up by the Economic Planning Unit under the Prime Minister's Department, said due
      Bridge News  -  187 words
    • Article
      Foreigners' share in M'sian companies rising
      506 4  -  Increase to 31.8% in '98 at expense of bumift, non-bnmis From Diana Oon Abdullah in Kuala Lumpur FOREIGNERS' shareholdings in Malaysian companies increased from 1995 to 1998, at the expense of bumiputra and non-bum iputra shareholdings, which declined over the period, according to the
      506 words
    • Article
      Lock icon Manufacturing sector set to grow by 3.4%
      500 4 Bernama [KUALA LUMPUR] The manufacturing sector is expected to grow by 3.4 per cent during the 1999-2000 period, said the Mid-Term Review (MTR) of the Seventh Malaysia Plan. Within the same period, the sector is also anticipated to contribute 34.5 per cent to
      Bernama  -  500 words
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      26 4 Classified First. Want to pick up a new hobby? Or simply join the paper chase? Lesson number one: Check The Straits Times Classified First. i ■aVft.Mfe.lMk.
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  • ASIA ON THE MEND
    • Article
      BOJ leaves monetary policy unchanged
      466 5  -  It rejects IMF pressure to adopt inflationary policies From, Anthony Rowley in Tokyo THE Bank of Japan yesterday appeared to reject pressure from the International Monetary Fund and from Japanese politicians for the central bank to adopt more aggressive reflationary policies. The BOJ's Policy Board
      466 words
    • Article
      Lock icon M'sia cancels US$1b loan offer to Indonesia
      173 5 AFP [KUALA LUMPUR] Pressed by financial difficulties at home, Malaysia has cancelled an offer to provide a US$l billion (Ssl.7 billion) loan to Indonesia, Second Finance Minister Mustapa Mohamed said yesterday. Malaysia extended the offer to Indonesia in October 1997 but was now
      AFP  -  173 words
    • Article
      Lock icon Philippines set to achieve growth targets: IMF
      348 6 AFP, Reuters [MANILA] The Philippine economy is well on its way to grow between 1 and 3 per cent this year on a rebound in agriculture, the International Monetary Fund (IMF) said yesterday. An IMF team and the Philippines' financial managers agreed on
      AFP,; Reuters  -  348 words
    • Article
      Indonesia sees progress in resolving corporate debt crisis
      575 6  -  Optimism follows state-owned D&n&reks&'s restructuring deal Prom Shoeb Kagda in Jakarta INDONESIA hopes to Anally make some definitive progress in resolving its huge corporate debt overhang following yesterday's successful debt restructuring deal signed by state-owned securities firm PT Danareksa (Persero). At the
      575 words
    • Article, Illustration
      Lock icon Taking it to the streets
      67 6 [JAKARTA] A group cf mothers with babies taking part in a mass demonstration held by the Urban Poor Consortium here yesterday to protest the abuse of the social safety net funds (JPS). More than I,oooof Jakarta's urban poor staged the demonstration to protest against the
      AFP  -  67 words
    • Article
      Several Indon banks fail to meet capital raising deadline
      498 6  -  But Stanchart says it will invest 480b rupiah in Bank Bali From Shoeb Kagda in Jakarta INDONESIA'S efforts to revive its crippled banking sector suffered a setback yesterday as several banks missed the deadline for raising the necessary capital to join
      498 words
    • Article, Illustration
      Lock icon Mobius shifting funds back to recovering Asia
      336 6 Expect* regional bourses to reach previous records within a year Bloomberg [HONGKONG] Mark Mobius, president of Templeton Emerging Markets Fund, says he's shifting money back to Asia in anticipation of a recovery that will see stockmarket indexes reach their previous records within a
      Bloomberg  -  336 words
    • Article
      Lock icon Japanese bank depositors still at risk, says Moody's
      360 6 AFP [TOKYO] Japan may finally be tackling its banking crisis but deep problems remain and depositors are still at risk, US credit ratings agency Moody's Investors Service warned yesterday. In October, Tokyo enacted an ambitious bank recapitalisation programme, backed with 60 trillion
      AFP  -  360 words
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      37 7 I iw I Ifnp Bp '^wpp«-w Isetan Orchard Wisma Atria, Singapore I 2 Jalan Sultan IsmailjHtot G1 /1. 1 2 Concorde Hotel (Lobby), Kuala Lumpur %\fan Ismail, Isetan Lot 10, Kuala Lumpur Inqphesia Ist Floor-East Entrance, Jakarta
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      92 8 I I I I Our new corporate H H our to our customers to our expectations by M m A A 'A A providing them with the an assurance that we will never cease to seek continuous improvements in what we The symbol also a reminder to our people to
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Anwar's black eye: Rahim Noor charged
      589 9 KUALA LUMPUR Ex-police chief pleads not guilty; May 21 set for mention of case AFP, Reuters FORMER Malaysian police chief Abdul Rahim Noor was charged yesterday with attempting to injure ousted deputy premier Anwar Ibrahim, who faces a fresh trial on sexual charges. Rahim,
      AFP,; Reuters; REUTERS  -  589 words
    • Article
      Anwar told 'a blatant lie' in mitigation speech: Dr M
      414 9  -  Premier adds he has no say in Anwar sodomy charges From, Eddie Toh m Kuala Lumpur MALAYSIAN Prime Minister Mahathir Mohamad, who was hospitalised earlier this month due to lung infection, is back in form and called his jailed former
      414 words
    • Article
      Lock icon Peacekeepers 'an option' for E Timor
      230 9 SYDNEY Talks in MY now to determine shape of UN mission: official Reuters A MULTINATIONAL peacekeeping force is among wideranging contingency plans being drawn up for a United Nations mission to the troubled territory of East Timor, a UN official said yesterday. "The contingency
      Reuters  -  230 words
    • Article
      Lock icon Tough Indonesian anti-graft bill gets Parliament nod
      348 9 JAKARTA New law provides for long jail terms, wealth probe Reuters INDONESIA'S Parliament yesterday approved an anticorruption bill that provides for long jail terms and an investigation into the wealth of officials. The law will apply to all officials, right up to the
      Reuters  -  348 words
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      289 9 i We've woven i fine quality with good prices at our auction SIM) W, 25 APRIL PW j I I DC )R BAI.I.RC )()M, (iOODWOOI) P\RK lIOTKL VI KWI \(i: lOAM -11 .-ISA.W AUCTION: 12 I'M SI I \RI» j At Pardisan sam t ions, vou'l I alwa\ s got
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Gitic has fewer assets than expected
      513 10 GUANGZHOU Creditors stunned; China pledges to be fair to all lenders AFP. Reuters CHINA yesterday promised even-handed treatment to both domestic and foreign creditors of the collapsed Guangdong International Trust and Investment Corporation (Gitic), which inched towards closure. A Chinese team liquidating the company
      AFP.; Reuters  -  513 words
    • Article
      Lock icon No accord in Sino-US talks on China's WTO bid
      368 10 BEIJING Two sides will continue discussions today: Xinhna AFXAsia Reuters, AFP, CHINESE and US negotiators have concluded a first day of talks on technical issues related to China's prospective accession to the World Trade Organisation (WTO) with no obvious results, Xinhua
      AFX- Asia; Reuters,; AFP,  -  368 words
    • Article, Illustration
      Lock icon Time out
      95 10 [BEIJING] A migrant construction worker, perched on the half-demolished roof of an old Chinese-style building, taking a break to do some reading on Tuesday in downtown Beijing. Once a traditional walled village, the entire area has now been doomed by the government as officials move to tear down
      AFP  -  95 words
    • Article
      Lock icon HK insolvency cases double
      86 10 ■HONGKONG AFP THE number of insolvency cases in Hongkong almost doubled in 1998/99 as the economy sank into its worst recession in decades. The Official Receivers Office yesterday said the total number of new insolvencies had increased from 1,102 in the 1997/98 financial year to 1,942
      AFP  -  86 words
    • Article
      Lock icon China denies stealing US nuke secrets
      236 10 BEIJING AFP, Reuters CHINA yesterday slammed allegations by United States intelligence agencies that it stole US nuclear secrets, describing them as groundless and irresponsible. "We have already refuted these allegations. They are groundless. It is regrettable that responsible departments are issuing irresponsible reports," foreign
      AFP,; Reuters  -  236 words
    • SINO Briefs
      • Article
        Lock icon HKMA denies bank takeover reports
        58 10 AFP [HONGKONG! The Hong Kong Monetary Authority (HKMA) yesterday denied reports it is planning to take over management of a local bank due to poor management. "The HKMA has no plan to take such actions in respect of Hongkong Chinese Bank, or any other local
        AFP  -  58 words
      • Article
        Lock icon Bond sale for HK West Rail project soon
        81 10 Bloomberg [HONGKONG] The Kowloon-Canton Railway Corp says it's likely to begin selling domestic and international bonds in the second half of this year to help finance the biggest infrastructure project since the new airport. The KCRC—which expects to sell about US$3 billion
        Bloomberg  -  81 words
      • Article
        Lock icon Dissidents' visa rejection criticised
        57 10 AFP (HONGKONG) Hongkong pro-democracy groups and academics yesterday slammed the government's refusal to allow entry to 11 mainland dissidents, calling the decision a political move to appease Beijing. The application for visas by the dissidents was seen by some as a test of Hongkong's independence and
        AFP  -  57 words
      • Article
        Lock icon Good times for management consultants
        68 10 Bloomberg [HONGKONG] Hongkong's 700 management consulting firms are growing at a rate of about 20 per cent—earning a record US$l billion (551.7 l billion) in revenues last year despite the city's economic recession, the Hong Kong Standard newspaper reported yesterday, citing Michael Enright, a professor
        Bloomberg  -  68 words
    • Article
      Lock icon Peregrine probe: HK hires ex-watchdog chief
      188 10 HONGKONG Ex-chief operating officer ofUFsFSA to see if laws broken Reuters HONGKONG said yesterday it hired Richard Farrant, the former chief operating officer of the UK's Financial Services Authority, to investigate the collapse of Peregrine Investments Holdings Ltd. The investigation, expected to take about
      Reuters  -  188 words
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      369 10 carnaudMetalbox ASIA LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Twenty-Fourth Annual General Meeting of the Company will be held on Friday, 14 May 1999 at 11.00 a.m. at 455 Jalan Ahmad Ibrahim Singapore *****6 for the following purposes 1)
      369 words
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      47 10 rami IaBT I Special Supplement APRIL 29 PROPERTYPROPERTYPROPERTYPROPERTYPROPERTY PROPERTYPROPERTYPROPERTYPROPERTYPROPERTY PROPERTYPROPERTYPROPERTYPROPERTYPROPERTY TheßusinessTimes SINOAPORE BT is sold at: SPH Stop Press Kiosks BP Caltex Esso Mobil Shell SPC Carrefour Cold Storage 7-Eleven NTUC Fair Price NTUC Food Fare Shop N Save Tops Borders Selected Guardian Pharmacy Outlets Neighbourhood newsstands
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      73 11 <7r_v.s Eß E s. SHIFT INTO TOP GEAR. IRIM i_.. V*, '*sjt > «fc V., *jj|||ng,'.. IKE# Ml It Mjm pppp KL t Jp72t!? |HBtf ,jfep i, L dfißr T* .>y Compact and portable, the Motorola v 3688 is THE powerful high performance phone packed full of features, so you
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  • ASIA
    • Article
      Lock icon China gives Australian tourism a timely boost
      261 12 SYDNEY AFP AUSTRALIA yesterday became the first Western nation to win official tourist destination status from the Chinese government, cementing diplomatic ties and giving the troubled sector a much needed boast. The move is expected to bring more than 2.5 million Chinese holiday-makers
      AFP  -  261 words
    • Article, Illustration
      Lock icon Power stalemate pushes India closer to another election
      570 12 GOVERNMENT IN CRISIS Third Front wants Congress to give it a role in govt; political worries hit stocks Reuters [NEW DELHI] The prospect of Indian elections lurched closer yesterday as the Congress party seemed determined to form a minority government on its
      Reuters; AFP  -  570 words
    • Article
      Lock icon Aussie exporters face tough year: trade minister
      209 12 ■SYDNEY AFP AUSTRALIAN exporters will struggle in the year ahead, Trade Minister Tim Fischer warned yesterday after figures showed export prices plunged in the first three months of this year. "We've got a real battle and I don't underestimate the difficulty in maintaining
      AFP  -  209 words
    • Article
      Lock icon India passes national budget averting crisis
      391 12 NEW DELHI Minister warns of rough time due to political uncertainty AFP INDIA'S Parliament averted a looming financial crisis yesterday by passing the national budget for the fiscal year beginning April 1 without any amendments. However, Finance Minister Yashwant Sinha warned that the economy
      AFP  -  391 words
    • Article, Illustration
      Lock icon S Korean union workers rally to demand halt in layoffs
      393 12 SEOUL March jobless rate falls to lower-than-expected 8.1% AFP, Bloomberg MORE than 10,000 union workers in South Korea rallied yesterday to demand a halt in layoffs despite government threats that force would be used to break up illegal strikes spreading
      AFP,; Bloomberg; AFP  -  393 words
    • Article
      Lock icon Moody's downgrades 3 Japan life insurers
      249 12 TOKYO Ratings agency warns of weak capital, poor profits AFP UNITED States ratings agency Moody's Investors Service yesterday cut its ratings for three major Japanese life insurers, warning they would suffer from weak capital and poor profits. Moody's cut its insurance financial strength rating
      AFP  -  249 words
    • Article
      Lock icon Hyundai, LG settle terms on chip merger
      409 12 SEOUL LG Semicon price tag could top 2.5t won, twice the initial offer AFP SOUTH Korea's financial watchdog chief said yesterday that the giant Hyundai and LG groups had reached a broad agreement on forming one of the world's largest microchip makers. "You
      AFP  -  409 words
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  • THE WORLD
    • Article
      Lock icon El Al crash: panel report cites lapses by Dutch ministers
      310 14 THE HAGUE AFP DUTCH government ministers failed in their duties when handling the 1992 El A 1 Boeing-747 crash in Amsterdam, a parliamentary enquiry published here yesterday has found. Labour Prime Minister Wim Kok, government leader since 1994, "behaved in
      AFP  -  310 words
    • Article
      Lock icon Change poor lending, risk policies to avoid crises: Rubin
      461 14 WASHINGTON Key step is to ensure all creditors 'bear the consequences of the risks they take' Bloomberg THE international financial community must take steps to address poor lending and risk assessment policies to avoid future economic crises, United States Treasury Secretary
      Bloomberg  -  461 words
    • Article, Illustration
      Lock icon Nato bombs Milosevic's Belgrade residence
      330 14 BELGRADE No aim to kill president, says official; just disable a 'command post' Reuters THE North Atlantic Treaty Organisation (Nato) blew up the Belgrade residence of President Slobodan Milosevic yesterday but denied trying to kill him, as the Western alliance edged closer to sending ground
      Reuters; REUTERS  -  330 words
    • Article, Illustration
      Lock icon Meyer: Fed must reassess stimulus of last rate cut
      415 14 Productivity surge seems permanent: Fed president Parry Reuters [ANNANDALE-ON-HUD-SON, New York] Federal Reserve governor Laurence Meyer reiterated that the main issue for Fed policy is whether the US economy still needs the stimulus from last autumn's credit easing prompted by a
      Reuters; FILE PHOTO  -  415 words
  • WORLD Watch
    • Article
      Lock icon US steel imports up 25.1% in March
      53 14 Bloomberg [W ASHINGTON] The United States' steel imports rose for the first time in five months in March, led by increased shipments from Japan, South Korea and Brazil Imports rose 25.1 per cent in volume to 2.545 million metric tonnes last month, the
      Bloomberg  -  53 words
    • Article
      Lock icon Big slowdown in trade growth: WTO
      87 14 Reuters [GENEVA] The volume of global goods trade slowed sharply in 1998, showing a growth rate of only 3.5 per cent against 10.5 per cent in 1997 as the ripples of Asia's economic crisis spread out beyond the region, the World Trade Organisation (WTO)
      Reuters  -  87 words
    • Article
      Lock icon Media writes off Yeltsin after snub
      55 14 AFP [MOSCOW) Moscow newspapers splashed political obituaries of Russian President Boris Yeltsin across their front pages yesterday, a day after Parliament ignored Kremlin orders to fire Russia's chief prosecutor in a crushing defeat for the head of state. "Russia has been left without a
      AFP  -  55 words
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      22 14 Nato birthday bash belies division, Pg 16 tk plianhe lanhao nam «¥«WS» 1900-914-0900 Land Transport Authority auailabflity results. MFBliir M Tho,. to
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  • FOCUS
    • Article, Illustration
      Lock icon Macau gambles on the future—with confidence
      1108 15  - Macau gambles on the future —with confidence A lot depends on how the casino franchise is handled when Macau returns to Chinese rule Reports By Loh Hui Yin [HONGKONG] A GIANT clock at Beijing's Tiananmen Square ticks away the countdown to Dec 19 midnight when China regains sovereignty over Macau,
      FILE PHOTO  -  1,108 words
    • Article, Illustration
      Lock icon Time to get to know Macau's other Mr Ho
      806 15 Edmund Ho is likely to be named Macau's chief executive next month THERE were two Mr Hos in the receiving line when Portuguese President Jorge Sampaio visited Macau recently. One was Stanley Ho Hung-sun, the high-profile boss who owns Macau's casinos;
      FILE PHOTOS  -  806 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      131 15 MID-YEAR SALE! Voyage Computer Case (*****6) With fully padded main compartment, large zipped front pocket, back "accordion" pocket and detachable shoulder strap Usual Now: Suuon, <t SfitcicUf GOLD///PFEIL GERMANY Unit N0.5, Orchard Parade Hotel, 1 Tanglin Road #02-28/31 Wisma Atria, 435 Orchard Road We're open daily from 10.30 am to
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  • EDITORIAL & OPINION
    • Article, Illustration
      S'pore could lead debate on audits
      837 16  -  THE BOTTOM UMB OPINION By David Mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT ATTENTION has been paid recently to
      837 words
    • Article
      IN OTHER WORDS
      91 16 'Most of my patients are CEOs or doctors or attorneys or priests. We have corporate America's leadership marching through here, and they're paying cash because they don't want anybody to know.' director of an Arizona nwdkal rJinic telling Fortune magazine that corporate America is 'addicted to sex'.
      91 words
    • Article
      On loans and scholarships
      610 16 EDITORIAL OVER the last four decades, thousands of Singaporeans have been the beneficiaries of government scholarships. They have studied in top overseas universities, and returned to serve "bonds" with the government Some have spent their entire careers in government; others have left for alternative careers in
      610 words
    • Article, Illustration
      Lock icon Nato birthday bash belies trans-Atlantic division
      1308 16  -  US and European members of alliance disagree on how to end the Kosovo war By. Leon Hadar The writer is BT's Washington correspondent WASHINGTON is preparing for one of history's grandest birthday celebrations. Close to 2,000 delegates, including many European heads of government, are
      FILE PHOTO  -  1,308 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      925 16 Indonesia needs new govt RECENT events have given people valid reason to worry that the June 7 polls, which all agree are crucial to put our crisis-ridden country back on its feet, will be postponed or even cancelled. Just about everything that has gone wrong with
      925 words
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  • COMPANIES & MARKETS
    • Article
      Datapulse posts 33% rise in interim net earnings
      222 17  -  By\ Soh Tiang Keng [SINGAPORE] Sesdaq-listed Datapulse Technology has chalked up a 33 per cent rise in group interim net earnings and expects better performance in the second half of its fiscal year. Its group net profits climbed to $6.1 million for
      222 words
    • Article
      Corrections and clarifications
      67 17 IN yesterday's report headlined "SME directors, major shareholders cash in on rally", the sub-heading was wrong in saying that Flextech's chief sold the most shares among the directors and substantial shareholders who sold their company's shares in the previous three days. It was Freight Links' chairman who
      67 words
    • Article
      CDL Hotels' restructuring: a matter of valuation
      644 17  -  HOCK LOCK SIEW Lee Han Shih THE one thing that will be talked about in the days ahead regarding CDL Hotels' restructuring plan announced yesterday is the valuation used. To recap, CDL Hotels said it will sell its hotels in South-east Asia, Australia
      644 words
    • Article, Illustration
      Lock icon VicPlas shares make piping-hot debut
      396 17  -  Pipe maker's 13.5-cent IPO shares hit high of 59.5 cents; 52m units traded By< Carol Eng IN a sterling performance, listing debutante VicPlas International yesterday surged to more than four times its offer price within minutes of trading, before closing at a premium of over
      Source: Bloomberg; FILE PHOTO  -  396 words
    • Article
      Sunright interim profit falls 83% to $1m on global chip slump
      405 17  -  By, Annette Pau [SINGAPORE) Sunright Ltd yesterday reported an 83 per cent slide in net earnings to $1 million for the six months to Jan 31, saying that drastically reduced capital expenditures from Dynamic Random Access Memory (DRAM) manufacturers
      405 words
    • Article
      Popular's chairman cuts stake to 51.95%
      187 17  -  By\ Soh Tiang Keng [SINGAPORE] Popular Holdings chairman Chou Cheng Ngok has cut his stake in the company by nearly 13 percentage points to 51.95 per cent. The book and stationery retail chain said yesterday substantial shareholder World Holdings, which is owned by Mr
      187 words
    • COMPANIES
      • Article
        Superior Metal holders place out 15m shares
        170 18 [SINGAPORE] Three Superior Metal Printing shareholders, via their privately-held vehicle SMP Investments (S) (SMPI), yesterday placed out 15 miUion shares at 35 cents each. FoUowing the sale, SMPI's stake in the mainboard-listed company feU by 8.3 per cent to about 58 per cent,
        170 words
      • Article, Illustration
        Lock icon Wing Tai launching internal sales of HK flats at up to HK$10,000 psf
        585 18  -  Analysts say price on high side bnt results of latest land auction will be a help Fronv Quak Hiang Whai in Hongkong WING Tai Asia, which is leading a Singapore-dominat-ed consortium developing a waterfront residential project here,
        FILE PHOTO  -  585 words
      • Article
        Lock icon Sino Land taps HK$1.6b in sale of new shares
        344 18 Proceeds may be used to finance site clinched at auction Bloomberg [HONGKONG] Sino Land Co, Hongkong's eighth-largest developer. raised HK$l.55 billion (***** million) by selling new shares, becoming the first member of the benchmark Hang Seng Index to sell shares in
        Bloomberg  -  344 words
      • Article
        Thai banks post 45b baht loss in Q1 on bad loan provisions
        523 18  -  Losses more than triple those of previous Q1 From. Harish Mehta in Bangkok THAILAND'S troubled commercial banks reported combined losses of more than 45 billion baht (552.04 billion) in the first quarter of this year, as they reeled
        523 words
      • Article
        Nakornthon owners prefer UOB, authorities want Stanchart: sources
        589 18  -  From Harish Mehta in Bangkok THE owners of Thailand's crippled Nakornthon Bank prefer to sell a majority stake to Singapore's United Overseas Bank (UOB), but Thai banking authorities favour Britain's Standard Chartered Bank's 7 billion baht (Ss3lB million) takeover bid for a
        589 words
      • Article
        Chuan Hup seeking to buy back 10% of issued share capital
        341 18  -  Shareholders' approval to be sought later this year By Rahita Elias [SINGAPORE] Marine-based Chuan Hup Holdings is joining the growing list of Singapore companies seeking a share buyback. Yesterday, the group said in a statement to the stock exchange
        341 words
      • Article
        CK Tang not aware of any reason for price surge
        137 18 LOSS-MAKING retailer CK Tang yesterday said it was not aware of any reason for the recent sharp increase in the trading of its shares. In a response to a query by the stock exchange on Wednesday, the group said yesterday:
        137 words
      • COMPANY Briefs
        • Article
          Lock icon RHB, Sime Bank tie-up seen by mid-May
          54 18 Reuters [KUALA LUMPUR] Malaysia's Sime Bank's merger with RHB Bank is expected to be completed by the second week of May, RHB Capital Bhd's executive chairman Abdul Rashid Hussain said yesterday. The merged bank will have 200 branches against around 240 now after
          Reuters  -  54 words
        • Article
          Lock icon Globe Telecom's Q1 profit surges
          61 18 Bloomberg [MANILA] Globe Telecom Lie said yesterday that first-quarter profit rose 35-fold as its subscriber base ballooned. Net income for Globe, a joint venture between Ayala Corp and Singapore Telecommunications Ltd, surged to 220.6 million pesos (559.9 million) in the three months ended March 31,
          Bloomberg  -  61 words
      • Article, Illustration
        Lock icon Deutsche Telekom offers US$91b for Telecom Italia
        707 20 THE FIGHT FOR TELECOM ITALIA Move will create biggest telecoms group in world, beat Olivetti's USs6sb bid Bloomberg [ROME] Deutsche Telekom AG, Germany's top phone company, agreed to pay about US$9O.6 billion (*****.8 billion) in stock and assume debt for Telecom Italia SpA,
        Bloomberg; REUTERS  -  707 words
      • Article, Illustration
        Lock icon Upheaval in Europe's telecoms sector
        543 20 The German-Italian tie-up unravels Deutsche Telekom's alliance with France Telecom and pushes other players into defensive mode Reuters [FRANKFURT] IN geological terms, the merger of Deutsche Telekom AG and Telecom Italia SpA registers about an 8.0 on the Richter scale. Besides creating a new titan,
        Reuters  -  543 words
      • Article
        Lock icon AT&T and BritTel to buy 30% of Japan Telecom?
        296 20 Bloomberg [TOKYO] AT&T Corp and British Telecommunications Pic reached agreement with Japan Telecom Co to buy 15 per cent each of Japan's fourth-largest phone company for 150-180 billion yen (552.2-$2.6 billion), the Nihon Keizai (Nikkei) newspaper reported, citing sources familiar with
        Bloomberg  -  296 words
      • Article
        Lock icon Nomura Securities seen posting its biggest loss ever
        400 20 Figure may be 510b yen; Daiwa, Nikko also seen in the red Bloomberg [TOKYO] Nomura Securities Co, set to report its biggest full-year loss ever today, is striving to leave its problems behind as it faces financial deregulation and a host of
        Bloomberg  -  400 words
      • Article
        Lock icon Philips beats forecasts to post 1.3% Q1 net profit rise
        286 20 Losses in mobile phone business cut faster than expected Bloomberg [AMSTERDAM] Royal Philips Electronics NV, Europe's largest semiconductor maker, said yesterday that firstquarter net profit rose 1.3 per cent, beating analyst expectations for a decline, as the company cut losses
        Bloomberg  -  286 words
      • Article
        Lock icon McDonald's Q1 profit up 11% on higher US sales
        162 20 Bloomberg [OAK BROOK. Illinois] McDonald's Corp, the world's largest restaurant chain, said yesterday that first-quarter profit rose 11 per cent on higher US sales. Net income rose to U*****.7 million (*****.6 million), or 29 US cents a share, from U*****.2 million,
        Bloomberg  -  162 words
      • Article
        Lock icon ICI's Q1 earnings beat expectations
        158 20 Reuters [LONDON] British paints and chemicals group Imperial Chemical Industries Pic (ICI) yesterday reported stronger-than-expected first quarter earnings and pledged to cut its debt to £2.5 billion (556.9 billion) by July 2000. The once-mighty ICI saw its first quarter 1999 pre-tax profits fall to £49
        Reuters  -  158 words
    • US CORPORATE RESULTS
      • Article
        Lock icon Western Digital's Q3 loss widens to US$61m
        305 21 Disk-drive maker fights falling prices, stagnant demand with new products Bloomberg [IRVINE, California] Western Digital Corp, the computer disk-drive maker, said Wednesday its fiscal thirdquarter loss widened, matching expectations as it fought falling prices and stagnant demand with new products. The loss from
        Bloomberg  -  305 words
      • Article
        Lock icon IBM shares shoot up after Q1 profit exceeds forecasts
        342 21 42% increase propelled by hardware, services Bloomberg [TOKYO] International Business Machines Corp shares rose in Europe and Japan after the No 1 computer maker said first-quarter profit rose a better-than-expected 42 per cent, buoyed by hardware and services. IBM shot up
        Bloomberg  -  342 words
      • Article
        Lock icon Lucent profit more than doubles in Q2
        200 21 Bloomberg [MURRAY HILL, New Jersey] Lucent Technologies Inc, the world's largest phone-equip-ment maker, said fiscal sec-ond-quarter earnings more than doubled as sales gained 33 per cent on strong demand from phone companies. Profit from operations for the quarter ended March 30 rose to
        Bloomberg  -  200 words
      • AT A GLANCE
        • Article
          Lock icon Xerox Q1 net income rices 14%
          40 21 Bloomberg [STAMFORD, Connecticut) Xerox Corp says first-quarter net Income rose 14 per cent to US$343 million (*****.5 million), or 48 US cents a share, from US$3Ol million, or 42 US cents, a year earlier.—Bloomberg
          Bloomberg  -  40 words
        • Article
          Lock icon Goodyear profit slips 18%
          36 21 Bloomberg [AKRON, Ohio] Goodyear Tire Rubber Co says first-quarter profit fell 18 per cent to U*****.5 million, or 90 US cents a share, from U*****.6 million, or US$l.O9, in the year-ago quarter.—Bloomberg
          Bloomberg  -  36 words
        • Article
          Lock icon Reebok profit down 12% to US$7.9m
          33 21 Bloomberg [STOUGHTON, Massachusetts] Reebok International Inc says first-quarter profit fell 12 per cent. It had net Income of US$l7.9 million, or 32 US cents a share. Bloomberg
          Bloomberg  -  33 words
      • Article, Illustration
        Lock icon Q1 gains at 4 US-based carriers beat forecasts
        256 21 Reuters [NEW YORK] AMR Corp, the parent of American Airlines, and US Airways Group Inc on Wednesday said first-quarter profits fell because of labour problems and bad weather, but the carriers beat Wall Street's forecasts. Two other US-based carriers, Trans World Airlines
        Reuters; FILE PHOTO  -  256 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Swiss Life gets EU okay to buy French insurer
        189 22 Bloomberg [BRUSSELS] Swiss Life, Switzerland's largest life insurer, has won European Union approval to buy French health insurer Lloyd Continental SA for 3.24 bUlion French francs (SSB97 million) to expand outside the overcrowded Swiss market. The European Commission, the EU's executive
        Bloomberg  -  189 words
      • Article, Illustration
        Lock icon Buffett may try to acquire Lloyds, says author
        289 22 Europe's No 2 bank a target as it isa likely bargain and offers a high ROE Bloomberg [NEW YORK] Billionaire investor Warren Buffett may try to acquire Lloyds TSB Group pic, Europe's secondlargest bank, said Robert Hagstrom, author of The Warren Buffett
        Bloomberg; FILE PHOTO  -  289 words
      • Article
        Lock icon UK funds in shift towards 'sensitive' shares
        331 22 Reuters [LONDON] British global fund managers are upping exposure to the buoyant United States stock market while continuing to raise Japanese equity weightings. A Reuters poU of 13 mostly London-based strategists and investment managers found a new interest in economic growth-sensitive shares underlying
        Reuters  -  331 words
      • Article
        Lock icon UBS posts 21% profit jump, says merger's been digested
        402 22 Group has bought back 1% of own shares since March Reuters [ZURICH] Swiss banking group ÜBS AG said yesterday that first quarter 1999 net profit after tax and minorities rose 21 per cent to 1.621 billion Swiss francs, a sign its
        Reuters  -  402 words
      • Article
        Lock icon Deutsche Bank gets nod to buy Bankers Trust
        204 22 Bloomberg [GHENT, Belgium] Deutsche Bank AG has won unconditional European Union approval for its planned US$lO.l billion (5517.3 biUion) purchase of Bankers Trust Corp, removing a hurdle to the creation of the world's biggest financial services company, EU Competition Commissioner Karel Van
        Bloomberg  -  204 words
      • Article
        Lock icon Inro council meets as fate of rubber pact hangs in balance
        430 22 It's likely to okay reference price rise in last-ditch bid to keep Thailand, M'sia Reuters [KUALA LUMPUR] The International Natural Rubber Organisation (Inro) began a meeting of its policy-making council yesterday which officials said could determine the fate of
        Reuters  -  430 words
      • Article
        Lock icon Australia wants 30% of Asia's LNG market
        169 22 Bridge News [PERTH] Australia is aiming for 30 per cent of Asia's liquefied natural gas market (LNG) by 2020. This 20-year vision for Australia's present 7.5 million tonne LNG sector was presented to delegates at the closing of the industry's major annual conference.
        Bridge News  -  169 words
      • SMALL Change
        • Article
          Lock icon AIG reports 19% rise in earnings
          63 22 AFP [NEW YORK] American International Group (AIG) yesterday reported first-quarter net profit of US$l.99 billion (553.5 billion), up 19 per cent from the US$l.Ol billion earned in the same quarter last year. Earnings per share were 96 US cents, up from 81 US cents
          AFP  -  63 words
        • Article
          Lock icon Taiwan insurer's profit slumps 18.7%
          46 22 AFP ITA|PEI] Taiwan's largest insurer Cathay Life Insurance Company said yesterday that its 1988 net profit dropped 18.7 per cent to NT$l5 billion (*****.5 million) despite growth in sales. The company's revenues rose 11.6 per cent year-on-year to NT$3lO.B billion. —AFP
          AFP  -  46 words
        • Article
          Lock icon HK's Wing Hang Bank mulls merger
          91 22 Bridge News [HONGKONG] Wing Hang Bank is thinking about prospects for merging with or acquiring another bank in the territory although no targets have been set, said chairman and chief executive Patrick Fung at the bank's annual general meeting yesterday. "Conceptually I think that
          Bridge News  -  91 words
        • Article
          Lock icon Former ING Barings exec joins Fleming
          83 22 Reuters [LONDON] Fleming Investment Management has hired Jonathan Griggs, the former global head of foreign exchange research at ING Barings, as a director in its global fixed-interest group, a spokesman for Fleming said yesterday. Mr Griggs, who joined ING Barings last year, begins his
          Reuters  -  83 words
        • Article
          Lock icon Lending by major UK banks up £4b
          52 22 Bloomberg [LONDON] Britain's major banks' net lending rose £4.13 billion (5511.4 billion) in March because of more money-market loans and rising demand for home loans. The British Bankers' Association said yesterday that the seasonally adjusted increase compared with a fall of £101 million
          Bloomberg  -  52 words
      • Article
        Futures close at new high but near day's low
        222 23  -  Reports MSCX Singapore Index Bob Butcher, Jardine Fleming THE MSCI Singapore Index futures had a brief charge at new high territory early in the session yesterday as the underlying cash market opened, but the rally was short-lived. The market still managed
        222 words
      • Article
        Futures up slightly despite Dow, Nasdaq rise
        188 23  -  MSCI Taiwan fetoros Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures rose just slightly yesterday despite the overnight jump in Dow Jones and Nasdaq. Concerns that transportation and marine industries as weU as paper manufacturers tumbled marred the
        188 words
      • Article
        Lock icon World oil demand to rise this year as Asia recovers, says economist
        259 23 ENERGY REPORT Reuters [LONDON] World oil demand growth will pick up this year as Asia's battered but energyhungry economies start to recover, BP Amoco's chief economist, Peter Davies, said yesterday. However, gains in the coming years will probably
        Reuters  -  259 words
      • Article
        Lock icon CURRENCY REPORT
        310 23 Reuters, Bloomberg London EURO/DOLLAR hit a lifetime low against the dollar for the second consecutive day yesterday as confidence in the euro zone economy dropped another notch amid a background of conflict in the Balkans. Euro/dollar hit a low of U551.0564, below the Wednesday trough of U551.0570, leaving
        Reuters,; Bloomberg  -  310 words
      • Article, Illustration
        Untitled
        1070 23 interbank cross rates Apr 22 Bm6 EMr0 Ffr IndRsKupUh Yen Won KM WZ$ B, Peso SS Rand Sfr NTS Sdrt Po-d US$ Australia 0.964 6.178 0.609 3.992 1.190 5.024 27 704 56.050 0 777 77 al ■> ala iui»oAiiii« im Canada 1039 5.584 0.632 4142 1 235 5 711 iak
        1,070 words
      • Article
        Untitled
        1738 23 fflOOM FUTURES Apr 22 MMCI (Mam dashg u «t SJOpn) RSS1C0NTMCT(S«*/*) OOM Vofama Optfl High Low Satt (tonwt) mtarwt ***** 50 **99 105.00 250 W6-25 775 *"•2 ***** 275 5J» m 110.00 275 Oct/O«c99 18.75 675 «S 3C0KTRACT (US ctnta/l*} VotatM Opm U» Srtt (towrn) hrtamt IH*9» 59.50 5925 59.00
        1,738 words
    • Article, Illustration
      Lock icon HONGKONG
      1430 24 AFP H Hang Seng *389.78 HONGKONG stocks closed up 3.1 per cent yesterday on the back of gains on Wall Street overnight and euphoria over technology stocks. The blue-chip Hang Seng Index ended the day up 389.78 points at 12,933.54 on turnover of HK$ll.l7 billion. Dealers said sentiment was
      AFP  -  1,430 words
    • Article, Illustration
      Lock icon CHINA
      499 24 AFP, KR P| Shenzhen B Index ♦L3l SHENZHEN B shares rose 2.38 per cent in a rebound after falling nearly 4.4 per cent on Wednesday. Investors chose to buy shares of firms, which expect more healthy earnings. The B index closed up 1.31 points at 56.77, while the A
      AFP,; KR; Source: Credit Lyonnsis Securities(Asia) Ltd  -  499 words
    • Article
      Lock icon TAIPEI
      360 24 AFP □WP Index +20.44 TAIWAN share prices closed 0.3 per cent higher yesterday, lifted by bargain-hunting following a steep fall in the previous session, dealers said. "The rise was a rebound triggered by bargain-hunt-ing, mostly by retailers, after yesterday's sharp fall," said Tu Chin Lung, manager of Grand Cathay
      AFP  -  360 words
    • Article
      WORLD STOCK MARKETS
      2232 24 LOHPOH lafeitriali Im22 Hand 31 Group 6.94 0.07 A B roods 4.21 0.06 A B Ports 2.86 -0.02 Allied Oomocq- 5.01 0.11 Allied Zurich 8.00 0.08 Anglo American Gold 38.70 -2JO ASOA Group 1.93 0.05 Ban* of Scotland 9.22 0.52 Barclays 18.79 0.11 Bass 9.14 0.27 BG
      2,232 words
    • Article
      Lock icon TOKYO
      1602 24 AFP Nikkei 225 ******6 SHARE prices closed one per cent higher yesterday, led by gains in high-technology issues and late buying on dips, brokers said. "Buying on dips spread towards the close in the absence of major discouraging factors," said Mayumi Araki, manager at Daiwa Securities, adding that buying
      AFP  -  1,602 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        7799 25 WMSTWiS Coflsumtf products ,9W La»t Vol Day Nat Cap Law Cwwpny i«H 'OOP Wgti Law P/I »mll 310 255 AJinomoto 290 16.0 H7 5 ,®3 4 6 Angkasa 68 3.5 IS 66 66 100.3 52 *<X>"0F0<X1HI, 240 -5 1 240 240 8.4 96.0 JJ5 Lln<l 150 4 378 52 3.0
        7,799 words
      • Article, Illustration
        Lock icon Shares surge on upbeat economic forecast
        360 25 AFP, AFX-Asia fl Composite Index *19.73 MALAYSIA'S key share index surged 3.2 per cent yesterday on heavy buying, spurred by the government's forecast of 5 per cent economic growth next year, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 19.73 points to
        AFP,; AFX-Asia  -  360 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2196 26 BOMS, LOANS ft WAMANTS wt Last Vol Day Last Ouot. Avg Mlj» Law »tno Company S*k COOO) High Law Btiyw Sallaf Prica 20 3 S 3160 A Ac«f ******1 US$ 17.5 io.5 784 20 U S 17 is 26 4.5 S 3164 Acma ******4 25.5 unch 1436 28 25.5 25
        2,196 words
      • Article
        AFP 2002: low absolute price in its favour
        202 26  -  WARRANT WATCH -By R Sivanithy SOMETIMES, the best way to pick warrants is to simply focus on laggards and ignore valuations. The numbers may say one thing but if the mood and feel of the market say another, it could be a
        202 words
      • Article
        CLOB INTERNATIONAL
        194 26 S2 W i V- Y LaetOuaU ON Mv YM N«t NC« L W c«w>«wy Sata fOOQ) H>gh Law Bwyar Sa8ac Cvr pfl %m» 240 173 5123 CDLC2000>MK 240 cd Hop 8 2.4 3J 12J *****.0 5124 Cathay Pac 20c HK_ 720 id 265 2.1 7.4 6 *****.4 5125
        194 words
    • Article, Illustration
      Lock icon JAKARTA
      646 26 AFP fcj Composite Index jj> INDONESIAN share prices slipped 0.3 per cent yesterday in volatile trade amid profittaking in select big caps, with the focus on banking stocks, dealers said. "The market was volatile today With heavy trade seen in banking stocks," an analyst said. The Composite Index closed
      AFP  -  646 words
    • Article, Illustration
      Lock icon BANGKOK
      886 26 AFP 71 SET Index 4.4 THAI shares climbed 1.1 per cent yesterday as foreign investors returned to the banking and finance sectors, dealers said. Market watchers said that stocks in the banking and finance sectors led the gains, despite first-quarter banking results issued on Wednesday and yesterday showing millions
      AFP  -  886 words
    • Article
      Lock icon MANILA
      314 26 AFP n Manila +25.44 PHILIPPINE share prices closed 1.1 per cent higher yesterday, tracking Wall Street's advance. The Philippine Stock Exchange Composite Index gained 25.44 points to 2,338.41. Turnover rose to 1.07 billion shares worth 2.788 billion pesos from 708 million shares worth 2.283 billion pesos on Wednesday.—AFP M»r»t»«t
      AFP  -  314 words
    • Article
      Lock icon SEOUL
      384 26 AFP P Composite Index -2M SOUTH Korean share prices closed 0.4 per cent lower yesterday in mixed trading amid mounting fears of labour unrest, dealers said. The market also closed lower on profit-taking, but was well off intra-day lows amid late programme-buying and bargain-hunting by foreign investors. The Composite
      AFP  -  384 words
    • Article
      Lock icon SYDNEY
      637 26 AFP FIaU Ordinaries +50 AUSTRALIAN shares soared 1.6 per cent yesterday with investors taking their lead from strong gains on Wall Street and rushing for blue chip stocks, brokers said. The All Ordinaries Index ended 50 points higher at 3,118.3. The All Industrials Index gained 84.8 points to 5,537.8.
      AFP  -  637 words
    • Article
      Lock icon WELLINGTON
      297 26 AFP I*l Wellington ♦27,56 NEW Zealand stocks closed up 1.3 per cent yesterday on moderate turnover of NZ587.67 million, taking the lead from an overnight gain on Wall Street. The NZSE-40 Capital Index ended at 2225.11, a rise of 27.55 points, as Telecom emerged from the doldrums. *rU roow
      AFP  -  297 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      5392 27 Transaction date: Apr 22 H* «M° Company XI u, ■Jff' "gSr jj fig NMLTHNMSfW 4 5 B^t *2 -5i 5 n s ■s ,o s 82 us Jo 6? i if?? SSKSSS&rSS ,5202 28 2 25 2 35 2 «j 2 §I go SWC-J?-
      5,392 words
    • Article
      SESDAQ
      688 27 S2-«li v- Cr ®r M wt W C—p—y m COOP) >—i L— Iwr «—c y CV w? |2fm? J 8? iEXSc—Jk "S 2 «i V! s 241 as C 2001 AsUm«trix50c 142 urtch 296 150 141 142 tit U 2 i ?IS?fc A 2» 1 J 5 »N £i
      688 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        372 28 Stocki Volume Popular 10c 82,794,000 IPC Corpn 5c 62,554,000 Vlcplas 5c 51,868,000 UIC 32,549,000 UrKO HldgslOc 23,944,000 Sup Metal 20c 23,651,000 Liang Huat 10c 22,780,000 FHTK Hldqs 20c 22,411,000 Mesne Hldqs25c 21,755,000 Liang Huat Wt 19,823,000 Stodu Popular 10c 43,350,515 SingTel 15c 40,016,311 DBS Foreign 39,590,071 SPH 36,152,558 UIC 35,326,748
        372 words
      • Article, Illustration
        STI moves closer to 1,900 on Dow rise, interbank rate dip
        641 28  -  STOCK MARKET COMMENTARY Institutional business still good, but retail punters provide main action amid host of corporate rumours By R Sivanithy THE Straits Times Index continued to sail confidently towards the 1,900 mark as players drew comfort from a
        641 words
      • ON THE GRAPEVINE
        • Article
          Laments of a property analyst
          101 28 WHY do property analysts think they're more hard done by than analysts of other sectors? Argue, If you will, with this property analyst who asked not to be named: "We have to keep asking where sentiment is headed and spend weekends visiting showflats. Do you
          101 words
        • Article
          'Pok' cheque economic indicator
          70 28 PRIME Minister Mahathir Mohamad, also the CEO of Malaysia toe, has come up with a new economic barometer. As an Indication of the economic recovery, the premier said the number of pok cheques the Hokkien phrase for bounced cheques —has gone down substantially. Dr Mahathir has
          70 words
        • Article
          HSBC chief economist for Asia quits
          94 28 JAN Lee, a Colombo Plan scholar from Singapore, has resigned as HSBC Holdings' chief economist For Asia based in Hongkong, after less than two years at the bank, Bloomberg reported yesterday quoting former colleagues. Mr Lee was hired in July 1997 to reorganise HSBC's
          94 words
        • Article
          2020 investment vision
          132 28 THE runaway best-performing fUnd of all time is the hindsight fund, quips Andrew Hitchings, managing director of Morley Fund Management Singapore. If s the Aind that can be relied upon at any one time to have invested in the beet-performing assets of the time. For instance, assets
          132 words
        • Article
          Over 300 hopefuls MAS' PR job
          63 28 IT seems that the Monetary Authority of Singapore has been flooded with applications for the position of public relation manager. Our sources say It has so fer received more than3oo applications since it advertised to fill the position earlier this month. There are quite
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      • Article, Illustration
        HOT STOCK
        74 28  -  ■By Wong Wei Kong POPULAR Holdings shares closed up $0,045 yesterday at $0.55 on a volume of 82.8 million shares, compared with its 10-day traded average of 5.81 million units. Like many penny stocks, the share is at a new 52-week high. The technical indicators such as RSI,
        74 words
  • Page 17 Advertisements
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      37 17 r v HUGO BOSS r« J| fl -v. |f* ijLjl i/. ISETAN SCOTTS JiF jiJHi LEVEL 3. NGEE ANN CITY v A L #01-03/04. V SUNTEC CITY MALL #01-061/063 m, 4fk J v: >mi <VHV .JHo^*; j0
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      853 18 British American Tobacco SINGAPORE BRITISH-AMERICAN TOBACCO COMPANY (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING General Meeting of British-American Tobacco Company (Singapore) Limited (the -Company! will be held at 57 Senoko Drive bingapore *****6 on 121h May 1999 at 11.30 a.m„ lor the purpose of
      853 words
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      9 18 Visions uw future «/v BETTER THAN DREAMS 0/ PAST
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      212 19 Natural Diaaioad Solitaires V, Certified By The International YGemmologkal Institute (161), 1, Antwerp, Belgium V\ CERTIFIED DIAMONDS PROMOTIONS Ja\ 23rd April to 3rd May 1999 I S?-*- mS«i SSf tSj l Msf-.. »»< St H/WSI Belgium F/VSI Belgium G/YSI Beigiem E/VS2 Be*fium HyWSI Belgium I/VSI Baffin F/WSI Stiffen fjVT BrtftU)
      212 words
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      201 20 THE SYMBOL OF FINANCIAL STRENGTH AND is whe r e"the^re pu!at^ chi' °"(H S con h ,idenc e m an everyjhing^That You can look your clients in the eye knowing you're supported by a qlobal JjRH company with an 80 year international history of delivering on its promises B*,» and
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      392 21 SONY. I jjj^ |H QC Introducing Sony's DigitalB Handycam. B When Sony launched the first Since DigitalB The secret lies in the head. The dual-speed Bmm camcorder back in 1985, it camcorder records head, to be precise. ushered in a whole new era of MMHHfIJK completely in digital, home-made movie.
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      956 22 UNITED PULP PAPER CO LTD NOTICE IS HEREBY GIVEN that the Thirty-Second Annual General Meeting of the United Pulp Paper Company Limited will be held at The Conference Room, No. 20, Liu Fang Road, Jurong Town, Singapore *****5 on Monday, 10 May 1999 at 1.30 p.m. for the following ordinary
      956 words
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      102 25 NOTICE IS HEREBY GIVEN that I, KWEK SER 800 of Blk 216 Lor BToa Payoh #22-605 Singapore *****6,havc applied for a Beer House, First Class Licence in respect of iM/s 21 Seafood Eating House located at Blk 212 Hougang St 21 #01-349 Singapore *****2, and that this application will be
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      104 25 NOTICE IS HEREBY GIVEN that, I WILLIAM LIM of Blk 326 Serangoon Ave 3 #04-384 S'pore *****6, have applied for a Beer House First Class Licence in respect of M/s Long Men Management Pte Ltd located at 225 Joo Chiat Road S'pore *****8 and that this application will be considered
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      107 26 NOTICE IS HEREBY GIVEN that I, TAN JAY JOY STELLA of Block 456, Tampines St 42, #09-280 Singapore *****6, have applied for a Public House, First Class (Extended) Licence in respect of M/s Bottles Up located at 47, Cuppage Road, Cuppage Terrace Singapore *****5, and that this application will be
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      108 26 NOTICE IS HEREBY GIVEN that I, LEE PECK HAR of Blk 179, Bukit Batok West Ave 8 #01-207 Singapore *****9, have applied for a Beer House, First Class Licence in respect of M/s Mr Vincent Eating Place located at 190, Choa Chu Kang Road Singapore *****6, and that this application
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      104 26 NOTICE IS HEREBY GIVEN that I, SAMBNANI ANIL of Blk 551 Serangoon North Ave 3 *14-47 Singapore *****1, have applied for a Public House Ist Class (extended) Licence in respect of M/s Spize Bistro located at 371 Beach Road #01-32 Keypoint Singapore *****7, and that this application will be considered
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      107 26 NOTICE IS HEREBY GIVEN that I, LIM AH SOON of Block 284, Choa Chu Kang Avenue 3, *03-328 Singapore *****4, have applied for a Retail Liquor Shop Licence in respect of M/s Reliance Foods located at Block 764, Choa Chu Kang North-5, *01-275 Singapore *****4, and that this application will
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      22 27 >*■* B|^yj m yflU yIUDEM JP Le maitre de I'horlogerie depuis 1875 c~««: AuDiM*«s Piquet (Singapore) Private Vr »«dfm«rspi g uet.com i^oronaWatch Centre
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      525 28 NOTICES 7° advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I, CHADA TINGHA of Blk 406, Woodlands St 41 #09-08 Singapore *****6, have applied for a Retail Liquor Shop Licence in respect of M/s Yindee Minimart located at 60 Robertson Quay #01-05 The Quay
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      265 28 NOTICE TO CREDITORS OF FIRST MEETING IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF HENLEY AGENCIES PTE LTD (Companies Wlnding-Up No. 397 of 1996) Under the Order for winding-up the abovenamed company dated the 15th
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      582 28 Going to trade online? You need DBS Investor Online. Simply the best research. Call 438-1188 today £g| )[»BANK IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ATCOM (SINGAPORE) PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of ATCOM (SINGAPORE)
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      513 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF STEINER-OPTIK (S.EJL) PTE LTD (In Mtmbtrs' Voluntary UoMttfwt) At in Extraordinary General Meeting of the memfterj ol STEINER-OPTIK (S E A.) PTE LTD. duly convened and MM OA 19 April 1999 at 10.00 am., at Or
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      Page 28 Advertisements Column 5
      610 28 Ml THE MATTER OF TM COMPANIES ACT, CO. SO LONMUN DEVELOPMENT CO. PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the company deemed to have been held pursuant to Section 179(6) ot the Companies Act. Cap 50 on the 19 day of April 1999 the following resolutions
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      Page 28 Advertisements Column 6
      544 28 NOTICE IS HEREBY GIVEN that I, HO YEN HSUN of Blk 406, Woodlands St 41 #09-08 Singapore *****6, have applied for a Retail Liquor Shop Licence in respect of M/s Yindee Trading located at Blk 304, Woodlands St 31 *01-145 Singapore *****4, and that this application will be considered by
      544 words
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      Page 28 Advertisements Column 7
      224 28 r IN THE MATTER OF THE COMPANCS ACT, CAP 50 AND IN THE MATTER OF ASIA PACIFIC AVIATION SUPPLIES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RNAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap 50, that a Fin* Meeting of the Members
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      Page 28 Advertisements Column 8
      428 28 la the Matter of Ike CoapaaiM Act Cap. 5* Ami la tke Matter of LIAN FONG INVESTMENT PTE LTD (la Meaften' Volaatan liquidation At an Extraordinary General Meeting of the abovenamed Company duly convened and held at Hong Kah North Community dub 30 Bukit Batok St 31 Singapore *****0 on
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      97 29 Travel Hollywood of the North EL 6 FRIDAY, APRIL A more food-sawy S'pore Singaporeans have become more discerning and health-conscious consumers. *in su yen finds out how eating habits have changed and what supermarkets and food shops are doing to respond to this shift in purchasing patterns on el 2
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      Page 29 Advertisements Column 2
      11 29 -w Your guide to the *>> AQk main jjflK EL 8 9
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  • EXECUTIVE Lifestyle
    • VIEWPOINT
      • Article
        Lessons from a small-time investor
        790 30  -  Off the cuff The time is ripe for betting on the current stock market bull run. Or is it? Whichever way you think about it, doesn't it really all boil down to luck? by Jaime Ee OH boy. It's that crazy time again. I always
        790 words
      • STRAWS In The Wind
        • Article
          Taste it out
          55 30 WHAT'S in a name? There's a Peranakan restaurant in Upper Bukit Timah with the rather unusual name of Dulu Kala. Depending on how your Malay is, "dulu kala" can be loosely translated into "Ancient Times" or "You lose first". Still if it serves great ayam buah keluak,
          55 words
        • Article
          Lighten up
          91 30 FOR those who take life too seriously, here are some cynical statements to live by: ♦Save the whales. Collect the whole set. ♦A day without sunshine is like, night. ♦I just got lost in thought. It was unfamiliar territory. ♦42.7 per cent of all statistics are made up
          91 words
        • Article
          Birthday blues
          72 30 WHEN is being a 100 years old better than being 90? When you're buying a birthday card, that is. Someone looking for a card for a 90-year-old relative just could not find one in any shop. However, she found three different birthday cards saying "Happy 100 th Birthday".
          72 words
      • Article, Illustration
        Lock icon A more food-savvy S'pore
        1781 30 COVER STORY SHOPPING for the week's food has become f r a u g h t with peril. Pork is a no-no now that Malaysian pigs have the scourge. Chicken still worries those who remember the bird flu in Hongkong. And who knows whether the mad
        FILE PHOTO  -  1,781 words
    • EPICURE
      • Article, Illustration
        Lock icon Where good things come in threes
        626 31  -  rahttaelias gets a little more than she expected at The Emigre RAHITA ELIAS THE Emigre bills itselfasaNew Asian Experience. This would normally send you scampering in the opposite direction, but the restaurant is thankfully a lot less pretentious than it sounds. In fact, The
        SIEW YAW HOONG  -  626 words
      • Article, Illustration
        Ice cream with a touch of aromatherapy
        337 31 CRAVINGS LOVE your essential oils? Here's a chance to savour some blissful aromas in your dessert. Western Australian chef Stephen Reagan, visiting at the Top of the M till the end of the month, surprised jaded palates with a dessert well worth the
        337 words
      • Article, Illustration
        Brunch at Shrooms
        158 31 SHROOMS at Chijmes has an abundance of natural light to better show off its high ceilings and polished wooden floors. Wisely, the management has decided to let guests enjoy its mellow ambience over Sunday brunch. Dubbed the "B B Brunch", Sunday brunch at Shrooms features the Camarata
        158 words
      • Article
        Cafe Madelaine specials
        116 31 HERE'S a reason to have a meal rather than just a beer at Boat Quay. Cafe Madelaine, well-known for its affordable, French-style cafe-fare has come up with a line-up of specials this week that includes a complimentary focaccia bread with every set lunch or main course ordered
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      • Article, Illustration
        Mussels promotion
        123 31  -  Compiled by Tan Su Yen THE Grand Hyatt Singapore's contribution to the French Festival on Orchard Road takes the form of a French Mussel promotion. The promo, at the more intimate Cafe, rather than the cavernous Mezza9, will feature French mussels prepared in five different ways. We recommend
        123 words
    • LEISURE
      • Article, Illustration
        WHAT'S ON
        508 32  -  Compiled by Yasotha M V THEATRE David Henry Hwang's M. Butterfly Singapore Repertory Theatre presents this powerful tale of the clash of East and West, of love and betrayal, of man and woman. This interna-tionally-acclaimed play won the Tony Award for best play in 1988. Cast includes Dex
        508 words
      • Article, Illustration
        Still relevant after 15 years
        613 32  -  SINGAPORE INTERNATIONAL FILM FESTIVAL The release of The Year Of Living Dangerously, which captures Indonesia in the tnrbulent days of 1965, conld not have been more timely Reports by Parvathi Nayar IT does seem somewhat bizarre to review a film well over a decade after
        613 words
      • Article, Illustration
        A civil war takes its toll on all
        478 32 West Beirut is as mnch about the pain of the Lebanese struggle, as about being young ADOLESCENCE'S coming of age and bitter civil war. It is hard to imagine two more tumultuous events, and when these are offered as counterpoint to each
        478 words
      • Article, Illustration
        A cyberfantasy for the new millennium
        719 33  -  CINEMA The Matrix still manages to surprise despite ripping off zillions of movies and assorted literary references By Jaime Ee WHAT, exactly, is The Matrix? Beats me, really. Even after watching the movie. But here's what I managed to figure out: A small band
        719 words
      • Article, Illustration
        Gripping tale of greed and distrust
        685 33  -  CINEMA The psychological play, brilliant cast make A Simple Plan highly watchable By\ Susan Tsang AS a study on the destructive force of greed, A Simple Plan is a subtle version of Shallow Grave. You take a few guys, give them a load of
        685 words
    • HEALTH & BEAUTY
      • Article, Illustration
        Protection against oxidation
        660 33  -  HEALTH SUPPLEMENTS Antioxidant nutrients can help fight diseases related to the ageing process, says nutrition expert By' Tan Su Yen MENTION health supplements and women will want to know about pills that can help with skin and nails, while men will want help with hair and sex.
        660 words
    • TRAVEL
      • Article, Illustration
        Lock icon Untitled
        1413 34  - ...in Vancouver. It's not uncommon to bump into Hollywood luminaries in this Canadian city known for its fresh air, post-card scenery and a highly variable climate, reports marh graham MARK GRAHAM WALK down any street in Vancouver and there isa fighting chance of bumping into a movie star, or at
        PHOTOS BY MARK GRAHAM  -  1,413 words
    • Article, Illustration
      CINEMA
      673 35 A Civil Action. John Travolta is an ambulance chaser who takes on an evil conglomerate that has contaminated his clients' neighbourhood. Suntec, West Mall, Toa Payoh, Jubilee, Bugis, Yishun, Bishan, Tiong Bahru, Boon Lay, Tampines, Plaza, Orchard. Lido, Choa Chu Kang, Jurong, Century. A Destiny Of Her Own. A
      673 words
    • Article
      ENQUIRIES AND BOOKINGS
      117 35 Cathay Org Cathay 33&-3400 Eastshore 346-1816 Orchard 235-8396 Pidurehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubilee 454-1640 Mmfcrin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Villaga 1900-912-1234 332-6098 for grojp bookings 4 wheelchair facilities Bishan Boon Lay Marina Tampines8 Tiong Bahru Yishun mmm mm vVOfSOct MOVIO Clementi/CoVwaUh
      117 words
    • SINGAPORE ARTS FESTIVAL 1999
      • Article, Illustration
        All revved up
        3036 36 THE stage is set, the performers hover in the wings, and there is a sense of delicious anticipation in the air. From May 28 to June 20, the city goes into cultural overdrive when the Singapore Arts Festival 1999 starts. With a total of 29 foreign and
        3,036 words
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      282 30 CKHPTIC CROSSWORD ACHOeS I I I I I m 1 -r--1 Stranded up mountain without a drink? (4,3,3) |H H| H| H[ Hp HT 6 Ring friend, a jewel (4) —pH HI IH IH 10 Jazz be hanged! (5) 11 Venomous civil riot breaks "mh W ~mm 12 Some lines,
      282 words
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      336 31 i\ r Igp.. M V- p < f I fa jfare I 'f'h y\ wm/ ipp i,' f&h i 3 compantSP^ >• > smt k .M I S M ■fti. f H f r.' Schrodcr Global Smaller Companies Fund Smaller companies arc earnings forecast for smaller companies in general. Schroders
      336 words
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      79 32 Where to wine, dine and fHISRS 76 Brat Baaah Road, Singapore *****8 Tds 338-8333 Fax: 339-6866 Web-site http://www.carlton.coiii.sg Advertise in Wine, Dine Entertain of The Business Times. Contact Jennifer Ng 740 1581, I Raymond Seah 740 1260 or Shirley I>ee 740 2290 now. CHARGE T0 DINERS club card and enjoy
      79 words
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      Page 32 Advertisements Column 2
      132 32 available for: m private parties company dinner and dance I conference I seminar and meeting. HOTEL GRAND CENTRAL UMITEO I 22 Orchard Road/Cavenagh Road, I Singapore *****7 I Tel: 737 9944 Fax; 733 3175 I r The Elizabeth Singapore pays special tribute to all Secretaries, with exclusive gift vouchers i
      132 words
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      Page 32 Advertisements Column 3
      58 32 ■■r IBIH LEVEL SPECIAL WEEKEND BUFFET C.omc and celebrate the weekend with a delicious buffet spread of local 6c western delicacies and a variety of hot and cold desserts at Coleman's Cafe, from 12.00n00n 5.00pm. Adult $12.80*** Child $B.Bo*** EXCEPT PUBLIC HOLIDAYS. ADULT J/5 CHILD $12 90 WITH FREE FLOW
      58 words
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      Page 32 Advertisements Column 4
      172 32 Special Secretaries' Lunches await the Boss and the Secretary at St. Gregory's Brasserie or the Hua Yuen Chinese Restaurant from April 19 to 23 for the Secretaries' Week Promotion. Each secretary will be presented with a door gift and may even bring home a one-year spa membership at St. Gregory
      172 words
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      Page 32 Advertisements Column 5
      109 32 I r i&s*eA'ty 'Mimed S Australian Wines featured at our restaurants 831 6288 S5 Suyafxrr 33, Octurd Ra*. 2 ***** 441 732 2361 R<wf Peking DucV Isf "SflfU April, 1711. Every mouthful of crispy Duck Skin is o taste sensation wrapped in a Pancake with Brown Sauce, Cucumber and Red
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      365 33 This story was brought to you by Cosmoprof B WmJfm I wmmm /7 c J?efres£ing Spa Experience v j/T X|K Phytomer Spa r sion internat nai !kk^ fj"*^7 jR| Jj r\ If A Phytomer Spa is an oasis of dH tranquillity Day spa packages are available /or those S/kj programmes
      365 words
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      54 34 .^H COACH LEGACY- $490 f **ijjs limm "^C I jfly </ f V M WATCHES SWISS MADE FOR MEN RESISTANT WWWCOACH.COM CALL 734 3833 j' r^_fc S Chew Cheong 734 5096 Deluxe Eastern 236 2536 Nanking Watch 336 3658 k J Roy Eastern 734 2357 Sincere Isetai Scotts 735 0674
      54 words
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  • Page 35 Miscellaneous
    • Miscellaneous
      Page 35 Miscellaneous Column 1
      2159 35 TODAY'S TV RECOMMENDED VIEWING Premiere 12 H!?«!2 n tion 2.30 PM TV Innovations. The fat lady SWume hippo. sioo ~™i„„;^ strikes again r «?»r Bh Century Of Warfare: The 600 Kidz Blitz: The World of coo Peter 9.30 Viewpoint. Rooeanne, 11.55pm, Ch 5 Violent Century, Bpm, Friends: Flopsy Bunnies. 10.00
      2,159 words
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      50 36 OCBC Arts Card I xclusively foi <lis( oiiml s, Ircc I i( kct s, .nul iiioi r. •v Jm Call 1800-538-0118 for more excitinj OC BC Arts C.iff! Singapore Arts Fe.stiv.il %p«*cial% «>m Sw.it* h wife h»'s and othrr specials at the Metropolitan Museum «»f Ait .in<l Klimt Credit Cards
      50 words
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      64 37 —I^—————i counts, Wv w*-» w<- g^ If *■V> Hi '-V/Wl M <* -r\ •> 4 »f f rtSfestival '99 Call 1800-538-0118 for more exciting details! j (X B( Arts Canl Singapore Arts Festival 1999" specials on Sw.itch w.itches at Metro Par.igon Mtf J I'' and other sf>' ials at the
      64 words
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      Page 38 Advertisements Column 1
      55 38 For Sale By Tender R i<w,ti l Ewart Park, Singapore 4 *2 storey bungalow with swimming pool and outhouse 'Land Area 19.399 sf Freehold Sale US tenanc V' expiring February 2000 Taadar closing date: 7 May 1989 Friday at 4 pai For further information, please contact Michael Tan at 5399
      55 words
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      Page 39 Advertisements Column 1
      121 39 Next week, a new 6-part series on financial planning, "Investingfor your future" brought to you by Citibank's Investment Services, begins in the Executive Money pages. Watch out for it! iiHnßMffrirl /11 11 'n' 11 n lit I Inl i I '?3' I ilHil^Kl;%ks v&jy* c Hm Jingapore Finance LEFS Loan.
      121 words
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      349 41 A free cup of coffee and The Business Times will wake you up to the future. f,' m lt Let Citibank Help You Plan Your Retirement. When it comes to planning for the future, do you always wait for tomorrow? Well, your tomorrow is here.This weekend, come down to any
      349 words
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      Page 42 Advertisements Column 1
      146 42 For cash at 50% off the lowest rate in town --J v fSzi 4- ?MSSS >..»v j ,*u t ,f -yaagpKjjß I < i> ".I^-5 1 V4vJF y ss I—r-71 —r-7 /j \/s im cAsr or 1/ EMER66NCY JjjfX |REWI«MS ir?, V s f tl -'V *%|S Call Keppel for
      146 words
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      Page 42 Advertisements Column 2
      211 42 M brought to you by Bank Give us your feedback and win a NETS Cash Card reader The above article is the third of a 13-week educational This Cash Card reader\*. J series on personal finance. We would like to hear your will be given to respondents P views on
      211 words
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      Page 43 Advertisements Column 1
      268 43 Get a head start on your child*s future at Borders. Let Citibank Plan Your Child's University Education. The most important gift you can give your children is a good university education. And that costs money. The question is, do you know how much you really need? Come down to Borders
      268 words
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  • EXECUTIVE MONEY
    • Article, Illustration
      Stocks:too high too soon?
      1765 44  -  As the Singapore stock market races towards pre-crisis levels, it may be wise to study the curves and loops ahead, says yen sreemxvasam VEN SREENIVASAN THE Singapore stock market's benchmark index, which has risen over 500 points in just over two months, is poised to recover
      1,765 words
    • RESIDENTIAL PROPERTY
      • Article, Illustration
        Lock icon Tampines winning ways
        944 38  -  The HDB estate s homely ambience attracts house-hunters and premium prices for its flats, reports davzd boey DAVID BOEY YEARS after it clinched a prestigious (albeit little-known) United Nations housing award, Tampines New Town has not lost its charm with Housing and Development flat buyers who are
        Source: HDB  -  944 words
      • Article
        Housing loan rates
        330 38 m\ ww 1 BANKS/FINANCE COMPANIES YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAftfrlO k YEAR 11-36 Citibank* (max of 30 years) -1 to 5 years loan duration 4.0000 4.7500 5.0000 5.7500 5.7500 -6 to 10 years loan duration 4.0000 4.7500 5.2500 6.0000 6.0000 6
        330 words
      • Article
        House Hunt
        884 38 HDB Transaction from March 1 to March 26, 1999. TYPE/ POSTAL CONTRACT BUILT-IN «CE PSF LOCATION DtSTWCT DATE (SOFT) (SS'OOO) (SS) 4-Woowi fiypi A) Bedok Reservoir Rd *****3 10-Mar-99 1130 239 212 BishanSt22 *****2 02-Mar-99 1130 351 311 Boon Lay Or *****8 10-Mar-99 1216 236 194 Bt Batok
        884 words
    • PERSONAL FINANCE
      • Article, Illustration
        Planning for the future? Start now
        1095 39  -  A new Citibank financial analysis tool hopes to help Singaporeans work towards that nest egg. Genevieve cua reports GENEVIEVE CUA ONE in three Singaporeans do not save for retirement, in the belief they'll only need to start saving when they hit 42 years old.
        1,095 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Room to grow with small caps
        1332 40  -  Stocks trading below $1 offer the savvy investor value for money. But due to speculative interest he must tread with care, warns woho wei homo WONG WEI KONG NOW that small stocks have started moving, is this where the smart money should go? Based
        SIEW YAW HOONG  -  1,332 words
      • Article, Illustration
        Lock icon STI could hit 2,380 by year's end
        708 40  -  By i Chan Tien-hsiang The writer is a technical analyst at Vickers Ballas WHAT interesting times indeed. Having seen the Straits Times Index advance so fiercely on the back of extraordinary volume, one is compelled to wonder if we are in the midst
        SIEW YAW HOONG; Source: Vickers Balas  -  708 words
      • Article, Illustration
        Fools rush in, so be disciplined
        817 41  -  THE FDVER POUT Equities do pay but keep your eyes open and do your homework By Genevieve Cua THE object lesson of the sudden and mad rush for stocks in the last few days is that if you still aren't invested in equities, you
        817 words
      • Article, Illustration
        Don't ask too much of banks, property
        932 41  -  While the good standing of S'pore blue chips looms large, that alone may not provide the investor with adequate shelter By Wong Kok Hoi The writer is chief investment officer. Shenyin Wanguo-APS Management [SINGAPORE] In a bull market, virtually every stock will take
        932 words
    • SMART MONEY
      • Article, Illustration
        Lock icon Up close on personal credit
        1252 42  -  Clarissa taw looks at the different types of personal credit available, the criteria needed to apply for such loans and the interest charges CLARISSA TAN THIS week, we take a close look at personal credit the different kinds that are available, and which is most
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        All you need to know
        415 42 These are some questions we've received following last week's feature on Using CPF savings to buy a home", answered by a panel of experts from Keppel Tat Lee Bank. Do keep your questions and feedback coming! Ql: Can my daughter use her CPF to buy
        415 words
    • UNIT TRUSTS
      • Article
        Is your unit trust closing down?
        1126 43  -  How can you tell if a fund is on shaky ground? stewart aldcroft lists the warning signs to look out for STEWART ALDCROFT The writer is marketing and sales director at Templeton Franklin Investment Services (Asia) ONE of the more perverse aspects of the
        1,126 words
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        ABN Amro to launch 3 EU funds
        473 43  -  The offers will mark Dutch fond manager's entry into S'pore market By Wong Wei Kong ABN Amro Asset Management will mark its entry into the Singapore unit trust market next week by launching three funds investing in Europe. "We believe that the market
        473 words
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      127 44 f i^M^^^^HflKS[|j^^^B^^Vl|^^^HH| w sH^K a luxury tra j n running between Alice Springs Adelaide. A veritable hotel on rails, it fiilf J23!f rth-South Connection offers a fresh new brings you back to a time when travel was a Ml, lO k 31 Austra,ia Thls editing new package more leisurely and
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      9 44 Smart Money Up close on personal credit, EM 14
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      28 44 Property l A homely town 9KhIIIHIIIiIHM Tampines, io Room to grow with small caps, EM 12 8n may hit 2,380 by year-end, EM 12 Mare reports, EM 13
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      292 45 Bridge News, Reuters THE focus for Panamaxes generally remained on the South American grain market with rates still firm although a healthier rate was allegedly agreed for business via the US Gulf to the east, brokers said. A steady start on Biffex was transformed by a hefty 15-point
      Bridge News,; Reuters  -  292 words
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      MARITIME STOCKS
      286 45 T~"' """IT *f« a w CWT Distribution —.0.88 007 IfMM Chuan Hyp 0.91 0.01 Ml Cotco Invastmant—0.74 O.OS 944 rratqMLMis 0.27 -0.01 ***** G8 tfoWMgs 0.54 -0.01 343 Hal Sun Hup 0.66 0.02 3331 IMC HMdlnqt-MK 5.60 unch 0 Jaya Holdings 0.83 -0.02 840 Juronq Shipyard 7.30 -0.25
      286 words
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      Lock icon KL to continue to boost port capacity, usage
      407 45  -  Malaysian ports' cargo volume growth of 5.9% for 1996-98 lower than forecast From Diana Oon Abdullah in Kuala Lumpur MALAYSIA will continue to increase its port capacity and improve facilities in its bid to promote the usage of its ports, despite a
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      Norasia to launch trans-Pacific service
      156 45 [SINGAPORE] Swiss-based Norasia is entering the transPacific trades with the introduction of an Asia-Pacific Northwest service next month. Norasia confirmed in an internal company announcement this week of the launch of its trans-Pacific service. The new service will commence with the first sailing from Hongkong
      156 words
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      KMP Coastal wins right to sue shipowner for payment for bunkers
      769 45  -  ADMIRALTY CASEBOOK By\ Selva Kumar SINGAPORE-BASED KMP Coastal Oil Pte Ltd has won the right to proceed against a shipowner for payment for bunkers it supplied to the vessels Iran Chamran and Iran Adl, following a recent decision of
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      P&O Nedlloyd awards Hyundai US$320m order
      323 45  -  World's largest shipbuilder to build four 6,800-TEU containerships By\ Felix Chan (SINGAPORE] Anglo Dutch giant P&O Nedlloyd has turned to South Korea for an order of four 6,800-TEU (20-ft equivalent unit) post-Pana-max containerships worth US$32O million (***** million). P&O Nedlloyd's latest order doubles the
      323 words
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      Lock icon Silversea sells packaged luxury
      231 45 Bloomberg [NEW YORK] Silversea Cruises Ltd, an ultra-luxury cruise line, is benefiting from selling packages that pamper tourists while eliminating surprise expenses. The company, owned by the Lefebvre family of Rome, operates two ships. Last year, while the overall cruise industry grew about 8 per cent,
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      Lock icon Weighing future of the 717
      742 46 BOEING COMPANY US aircraft manufacturer assesses the cost-effectiveness of its programme to build and sell the 100-seater 717 NYT [SEATTLE) EVEN as the Boeing Co prepares a major marketing campaign to find buyers for its slow-selling 717, executives have the 100-seat plane squarely in the
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      SHIPPING SCHEDULES INDEX
      325 46 PAGE Frota 12 AMI 3 Frt Links 14 Accord 8 **Link 4 Ahrenkiel M Gemartrans 6 AASCO 4 Genshpg 14 Appenship 5 or Mav M Austral 8 HiiSunHu P 12 Avant M "**>" 7 B'tang Mas 8 bsa 7 Heung A 4 BTL 14 H< 13 Balaii
      325 words
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      SHIPPING GUIDE
      20319 53 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser VniK Voy age Telephone SIN Dest'n Name Nam* Number Number SIN Oesfn Ham* Njmt Number Number n/05 06/06 MOL SAO PAOLO CHALLENG 4802A 65 ******6 To ABIDJAN (ABJ) 2003 Cote D'lvoire n/05 or/ot saferout* sao paulo challeno
      20,319 words
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        CONVENTIONAL WHARVES
        681 59 Vessel Voy No Berth Arrival Departure Juronq Port Adka Tarunag *****9 J04 alongside 23.04/2300 An Ciang 5 3/99 J13 alongside 23.04/0500 Annie Sierra V015 J07 alongside 23.04/1800 Bt Melina J *****9 J01 alongside 22.04/1900 Calayamns 9 JOS alongside 22.04/2300 Celtic Oolph 3/99 J02 alongside 22.04/2330 Evelyn 9902 JOS
        681 words
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        CONTAINER SCHEDULES
        1832 59 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boo*lng/B«Unce Rstls Ship Voy No Etb/Btr Portod From To From 6M 21/1500 I* 22/1)00 22/1659 22/1900 ««aM4 2 S442* 2 J/0700 1* 22/1500 22/1659 22/1900 22/1500 22/1659 jySoS 22/1700 22/0659 21/0900 2» 22/1700 23/0459 23/0900 3 23/0700 23/1159 23/1400 4
        1,832 words
      • Article
        GLOBAL HOLIDAYS
        186 59 Apr 25 New Zealand: Anzac Day. Apr 28 Australia: Anzac Day Holiday. Apr 29 Japan: Greenery Day. Apr 30 Denmark: General Prayer Day. Finland: May Day Eve. Mayl Greece: Labour Day. Germany: Labour Day. Austria: Labour Day. Belgium: Labour Day. China: Labour Day. Finland: May Day. France: Labour
        186 words
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        COCKETT BUNKER MARKET REPORT
        771 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
        771 words
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        VERITAS BUNKER QUALITY REPORT
        452 59 Carte* 180 Max 995.1 L4 19.8 0.10 66 0.09 A#r1S tensity Water Residue Art Aluminium Sediment Ho abow £25 I 1 12 0 0 0 3«0 Aw 986.1 0.4 12.8 0.07 40 0.02 Uim 380 Max 994.2 1.8 19.5 O.n 250 0.05 M/WI %m/m mi mm*
        452 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Garuda, Swissair in engine maintenance contract
        171 60 AFX-Asia [JAKARTA] Garuda Indonesia has entered into a threeyear maintenance contract with Swissair Technics for Airbus 3305, the Jakarta Post and other reports said. Under the deal, Swissair will supply Garuda with A--330 components with a guaranteed lead time in deliveries. while Garuda will
        AFX-Asia  -  171 words
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        Lock icon Airbus beats Boeing to US$1.2b order
        392 60 Bloomberg [NEW YORK] Airbus Industrie, the world's No 2 plane builder, beat No 1 Boeing Co by winning a US$l.2 billion (552.04 billion) order for at least 25 short-haul jetliners from New Air, a start-up that plans to offer low-fare flights from New York.
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          Lock icon China to cut domestic flights
          56 60 Reuters [BEIJING] Chinese aviation authorities will cut 766 flights from 95 domestic routes over the summer and autumn to ease airline industry losses, the Xinhua News Agency said yesterday. An official of the Civil Aviation Administration of China (CAAC) blamed the losses on low passenger
          Reuters  -  56 words
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          Lock icon Drogonair's express cargo service
          54 60 AFX-Asia [HONGKONG] Hongkong Dragon Airlines (Dragonair) will launch an express cargo service to 20 destinations in Asia and mainland China, the South China Morning Post cited cargo manager Albert Lau as saying. The service will be extended worldwide through alliances with other airlines in September or
          AFX-Asia  -  54 words
        • Article
          Lock icon Vietnam Air's passenger growth up 5%
          68 60 AFP [HANOI] Flag carrier Vietnam Airlines said it carried 672,000 passengers in the first quarter, an 8 per cent increase over the same period last year. Press assistant Nguyen Chan said the carrier expected to record 2 per cent passenger growth in all of
          AFP  -  68 words
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        Lock icon US, UK to resume talks on lifting flight curbs
        488 60 Talks next month likely to focus on access to London's Heathrow Airport Bloomberg [WASHINGTON] US and UK officials will meet next month for "informal" talks intended to lay the groundwork for a new agreement that would lift restrictions on commercial flights
        Bloomberg; FILE PHOTO  -  488 words
      • Article
        Lock icon Swissair hits out at Switzerland's business climate
        407 60 Bloomberg [ZURICH] Swissair AG chief executive Jeffrey Katz has lashed out at Switzerland's regulatory environment and lack of competitiveness, which he said makes it hard for his airline to stay abreast of its rivals. Mr Katz, speaking to the US/Swiss Chamber of Commerce,
        Bloomberg  -  407 words
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        Lock icon Top changes at Korean Air, group patriarch retires
        349 60 AFP [SEOUL] Korean Air president Cho Yang Ho yesterday relinquished control of the airline to his deputy in an apparent bid to limit the fallout after a string of damaging crashes. The airline also apologised for the crash a week ago of
        AFP  -  349 words
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        Lock icon PAL creditors threaten to reject restructuring plan
        421 60 Concern raised over Lncio Tan regaining management control AFP [MANILA] Secured creditors are threatening to shoot down the rehabilitation plan of Philippine Airlines (PAL) after majority shareholder Lucio Tan took back management control, the airline said yesterday. PAL released a letter from the
        AFP  -  421 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1888 60 QTT FUCWT tIA FU6HT ETP LH787 2359 Ad*lald« AN8230 1900 ****** 2359 LH6381 1900 S***** 2359 ***** WOO MH S0909 1645 $0990 0W5 Amsterdam $023 0705 K1844 0040 GvanQrtouPK $0003 1905 CZ354 0910 SO327 0745 K1843 1730 CZ351 2045 S0004 1020 lSM 2300 M wl **741
        1,888 words
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      16 45 Boeing weighing future of 100-seater 8717 US aircraft manufacturer assesses cost-effectiveness of 717 programme. Page 2
      16 words
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      Page 45 Advertisements Column 2
      755 45 CHINA SHIPPING (GROUP) COMPANY CHINA SHIPPING CONTAINER UNES CO. LID. Launching Full container Services from China to Europe via Singapore China Shipping (Group) Company is a company wtth diversified interests. Besides its main shipping business. It also has Interest In other fields. For example, finance commerce, International trade, shipping agency,
      755 words
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      Page 45 Advertisements Column 3
      22 45 US, UK to resume talks on lifting flight curbs Talks next month likely to focus on access to London's Heathrow. Baok Page
      22 words
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      1162 46 1 NORTH AMERICA I EXPORT 1 I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS- DIRECT TO LA I j| WEST COAST Of CENTRAL AMERICA (MAROAWTTA SERVICE) 1 wga n»aw irasw iomgmmh dmus houstok oocaco hwtok ■racoon wssa I ypT l"swT r «p**i I wm| I- 'mm»a]o!»*iiiim< I mSk 25 1$
      1,162 words
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      Page 46 Advertisements Column 2
      770 46 /<S»»oss. LjneB 4 servtces representee ;{BQM;) by Members o< the Registry of Accredited ShtppmQ Agents Singapore Shtppng Associaocm Members ol the S^apo^^^ rwa^ NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUUC 4 PROJECT CARGO TO DAMMER/FREMANTIE (MONTHLY SERVICE) MV "TBM" ETA SIN 15/05/99 BOOKINGS CALL MONKA/AI UNO TEL 323 4374 CONTAINERS/
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      1156 47 TO EUROPE FROM EUROPE vissa votlmn nm urn ham m sou fit uw [vksh vo» Imwm«wvmu tn an sin 1 HY HIGHNESS 317W 24/04 13/05 15/05 11/05 11/05 HYMPROt 3171 01/04 01/04 04/04 31/03 J4/04 APIAUtANOMI 30«W 29/04 22/05 14/05 20/05 l//05 IALOME 52K 04/04 04/04 04/04 10/04 20/04 MAAS
      1,156 words
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      Page 47 Advertisements Column 2
      1838 47 CwfHmm Sanrfca K»tW HANJIN SHIPPING WUf- 1 itfcMyalN Srfn *****30 hamjin SHiPfwc (S) ptutp n» M» »oo«mc nwnsn; saus izrth n» docummt irmiw* onunons ?3»?so?si winuw ?*****s hi mwto aw iis34«3oooom TO NW USA A CANADA USA CANADA* ™vsi/wr I■" I 100 j f», Io,1■»ImI"i I I m I mm
      1,838 words
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      Page 47 Advertisements Column 3
      443 47 fu^ LY J OWTA 'n'V 1 p DIBICATIP nivici» MT( WM6IOM6 T045 07/05 04/05 WM ttVDS W/D5 11/K Ty« U/OS Iss 1I UWCPUSMI m 07/05 IVOS It/OS 11/05 H/05 «MMU 74S_ W/B Jj/Ds_ _Mj[_ WK _lj/B jl/B Tlffi 77/B 'gfftCTW BKIIMI JMS_ JVOS 71/DS 7V05 7W 24/05 a/tM \j/K I
      443 words
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      1583 48 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANCANADA VESSB. VOT mT" LEH RTM I AWB HAH |MV IRX VEHtL VOT m BIT 1S« FOT W.C MTU HANiIN KEELUHG W0919 23 04 15 OS 16 OS 13 14 K II« DSfl AMERICA WMtlt 22 04 M K 11 K 13 It IS H
      1,583 words
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      Page 48 Advertisements Column 2
      740 48 mjkm a &NEL§ spofte M*SIA i &a3 S~~ s-srs&s" P^tEuS^° KOK: (®«2) 23««67 SURABAYA; (31) *****0 R KELANG. (03) *****77 JKTi (21) *****07 MOW: (Q1) *****3 KUOBNQ (002) *****1-3 CALCUTTA MADRAS MV "ORAM BREEZE" V.913N MV "SEA MARINE" V.SMNOS9 ETA SIN: 25-4-99 ETA SIN: 27-4-99 SURABAYA SHANGHAI MV "JURONG BALSAM"
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      Page 48 Advertisements Column 3
      486 48 LINE Tilt MM4»< HUb utma MUARA ~1 j LABUAN ~1 vissa voy m> eta vnsa vor m> eta SPOK MUMA SPOtt UN CARAKA M 332 VON/W 24/04 79/04 CARAKA JN333 VOH/W 26/04 21/04 J PWSPIR VON/W 30/04 03/05 J PtOSPER VOU/W 30/04 04/05 (AKAKAM332 VIOI/H OS/05 01/05 CAIAXAM332 VIOE/00 05/05
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      1394 49 V SSgL VOY KHH HKO SIN PQ6 PXB DMM SHJ |BA BIK 5-101 23/04 28/04 08/05 08/08 07/08 08/08 11/08 IRAN BAABAEI PJLI34B 30/04 03/08 12/08 13/08 14/08 18/08 18/08 IRAN TAKHTI PJLI346 07/08 10/08 19/08 20/08 21/08 23/08 28/08 IRAN TABATABAEI 8-103 12/08 14/08 18/08 27/08 28/08 29/08 30/08
      1,394 words
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      Page 49 Advertisements Column 2
      1447 49 Wwkly Direct Cells to Koto (6 Days), Nagoya (7 Days) Tokyo Days) I ZSSUKE 6SHEMTONWAY HL 226 1900 FAX: *****08 OUTWARD (l/l) *****02 JOHORE OFFKI- cmvmiuu. "waio dipt (o/o) 4205/ss COSTAR AGENCIES (M) SDN BHD 4205M5 TEL 02-07-3S M 144 FAX: OJ-07-35Mt70 mmmn 7m 7m KT-«. <*, IXI *<>*<". wax*ft**
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      Page 49 Advertisements Column 3
      319 49 Eastern Car Liner, Ltd. V«A "wwwwmn.' jSIiSSt I SPECIALIZE IN ROUP 1 HEAVY LIFT UPTO 450 TONS i ECI (SWGAPOt€) FTI HO LOADING FOR YANGON MANILA MV"TBN" MV "CORAL HERO" V.16 ETA SIN 28/04/99 ETA YGN 02/05/99 ETA SIN 29/04/99 ETA MNI 04/05/99 PORT KLANG PORT KLANG/YOKOHAMA MV 'OCEAN SAMPAOU
      319 words
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      Page 49 Advertisements Column 4
      31 49 Shipping Times -Business Centre Find out more about advertising that delivers your business facts through the fax. Your 24-hour round-the-clock instant info access centre to shipping services and products CALL: 740-2044
      31 words
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      1349 50 EUROPEAiK/SCANOINAVIA/FINLANO/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP I SiUVZ.H »i l iL 13,1)5 15/05 17/05 18/05 19/05 E RESULT RE-024 01/04 04/04 02/04 05/04 06/04 2S/04 27/04 r 02/05 24/05 28/05 22/05 24/fls 25/1)5 E RENOWN RE-033 08/04 10AM 09/04 11/04 13AM
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      Page 50 Advertisements Column 2
      696 50 jSggQfl PACIFIC INTERNATIONAL LINES (PTE) LTD A I SSSffS 140 Cecil Street, #03-00 PIL Building, Singapore *****0. j CR NO im»Bfe7QOOQ6 I iwssa VOT m m m I Bftffßnm w? 0W io/4 ~I7T o/s ii/s u/s n/s —msi I jM_ "is g/'j I j wifrirr.K m WTT\ m m I
      696 words
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      Page 50 Advertisements Column 3
      510 50 ffa. NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel vot [sw 1 ruj 1 out 1 jwi I cft |to NAIfIAI QUEEN Y.034S 21/04 06/05 10/05 13A>S 14/05 It/05 NAMIAJ OtAGON V.QI3S 04/05 IS/0S 11/05 22/05 73/05 mnAiyaus *0345 I«/DS 24/05 30/05 02/04 "ovoT 06/06 GOLDEN DUGON *0125
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      464 51 BSfl it MR MYANMA ISHMk FIVE STAR LINE (MyaiiMor Notional Lino) Loading for Yang on (Rangoon) VESSEL VOY Sl« PKL PEN PGU I AGO VI WW SID MALAYSIA AGENTS: OOUSTEAD SHIPPING AGENCIES KUL HI (03)2417)00 PKL- HI (03) *****01 PEN: m (04)*****02 PGU: TIL (07)*****21/4 BANK LINE (A strvko of
      464 words
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      Page 51 Advertisements Column 2
      1253 51 HMM^ HYUNDAI MERCHANT MARINE CO., LTD. IVBSR voy Ism I sou liwl im I ant I ham iwv I a [rasa vorl sou |l» 1 1 ant I nan I Mtv I w ??22 n/« 14/05 ?lA£ 11/ m 11/05 U3K ITS? 0 3,71 Jl/W 07/04 03/04 04/04 24/04 J!!2
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      Page 51 Advertisements Column 3
      994 51 Ik >|| 1 nojvegon ipecoiized ajocamtn Wilhelmsen Lines TO NORTH AND LATIN AMERICA "RORO HEAYYUFT SERVICE* [VESSEI VQT »W HBGWT gT lAX CRI I MIA I SAV I 111 r»t tnr fgjj mnm IJUI? M,C "JJ ran 12 J" 63 09/05 0/W ,9/0 22 24/04 24/04 27/04 29/04 03/07 04/07
      994 words
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      1942 52 INDONESIA NATIONAL LINE TO AUSTRALIA "T~ RJLL COtfBUNBB 88HVICE M «|w|—|ffl>|—[it|»a rh m nmnm u/ts am B u/w u/m wwb ia_ w/mh/b n/w u/ts i;/m n/B Aft—UU> lIS H/MW/W U/«S il/t> 14/05 77/ M 3C/M lASUMI Ins lii/wh/oJ |j*/oa|»/>s|n/>sl k/**|FEEDER SERVICE TO INDONESIA W4 VOT tfOtf <MUAU U.PMMMG SUUIAMC nuUAKONMI
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      50 53 ORIENT PACIFIC container une LIBYA BENGHAZI TRIPOLI Look Up Our Schedules On PG 4 See Our Ad On PG 12 OCENUS SHIPPING AGENCY PTE LTD NEWSHIP AGENCIES NEW GUINEA PACIFIC line check out this ur Schedules Are SPACE FOR On PG 5 H SWIRE SHIPPING NEW ADVERTISERS AGENCIES PTE. LTD.
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      47 55 4 Dial 740-6000 on acmana —MKaJ (Retrieve more schedules!) Press'l~ Select the port and key in the four digit code eg: To New Yof/c (NYC) 2275 Key in your fax number yfc your phone number Another Innovative service offered by The document Will be SHIPPING TIMES ?Mt)*2*2£Z.
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      154 56 (FOREST PRODUCTS SHVKI) FROM: U.K./ COWTIIIEItT/ HIPPIE EAST TO: FAB EAST VESSa/VOY SIN LA£MCHAIANG MAMLA HONGKONG BMjjC OCEAN QUKN V3SA 21/04 30/04 FIGARO 05/06 07/06 10/06 12/06 LOJUHMC KM: JMAN/KIC/fUHMM/ANIWItP ■AUYSIA- NSN (M) SON IHO TAWAI) O«K0«N FMWHT SV<s PORT KHANG AGBfT: SUNSMP AGBKKS (M) SON M> P. OUM TIL
      154 words
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      Page 56 Advertisements Column 2
      136 56 B SHIPPING LINE 1 1 if'jljfllk ■iVI hlk< I d!J k [PVa 111 LIBYA BENGHAZI TRIPOLI vksii mi vot wo khom swwoti puoai knghazi tiitou SH Hfai S-101 U.O4W MMW otosff luwai oTmw mOT rims n.o4w oxosw msw Tmui jjjosw SEw mOT nm l0 W KGHTOMAT OTOSff OMSW »M~ WMUAfI
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      Page 56 Advertisements Column 3
      165 56 ESP LINES WUKIY ICI AMD rci SEKVKE muutWKW fmiast —B (MTTMONC, MAMAS lANGKOC. HONS IOM MAMMJK, (OTTBOMI MMAT.COUMM JAAAtTA. MAMU ANTWttf, FfiIXSTOWI OttQffTA HOQtMWKtftrWOWC REGULAR CONTAINERISED INOONESUN SERVICE 1 VCgl/VOYAg STOM I II I ii I yw I at PCMUUN/H7 l»/M nyw 7VM n/w nmi/tmm ?i/n M/H S (JfIMW/M 71/04
      165 words
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      1221 57 ■vhSAMUDERA shipping line ltd 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. 1047M8000QD TEL: *****88 FAX: *****29 (OUTWARO) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LIME: 535 6266 C»Ha/Je»»tca/Mel Chan/Je»lynn/Oor»/lvy/Hanlm MVXXTmMmmm 8 SLGS/WEEK EVERY 4 DAYS |vessel voy I sm jak i vessel
      1,221 words
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      Page 57 Advertisements Column 2
      941 57 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I WG I 5M I *T SU> I >LW I PPG I COB I >00 HAL I NTI I 0»F I SAY I WW I TAM HOU 1 HOtOH PWf /OSSO 14/04 W/04 04/04 04/04 >1/05 05/05 13/>5 IS/OS 14/0* 17/0* l»/0*
      941 words
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      Page 57 Advertisements Column 3
      47 57 SHIPPING •WAREHOUSING Rot mi Singapore Looting Duly Man to Sat (BATAMINDO l/TIT) Caigo& Reefer Container Bbitan: Singapore I xxtding Moa Wed AFn (BATAMINDO Accepting A Heavy Lift Cargo T«J: 227 0322 Nx: 222 9330 •otoMMo SMpptog I VfanhaMtaf Pt« Ltd 7* C—p>»» *03-51 Th W >r« 0W054
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      Page 57 Advertisements Column 4
      626 57 rrrg Singapore Soviet Shipping CPL a <h lOOSOMOOOON k\\l Mdtrme Shipping PI W 33) 3 Hi **********0 C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO36 29/04 06/05 TBA 18/06 KOTA RATU RTUO43 05/05 12/05 TBA 23/06 KEDAH 129N 11/05 19/05 TBA 30/05 WES»EI VOY BtN CALCUTTA SIN EPONYMA
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  • Page 58 Advertisements
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      Page 58 Advertisements Column 1
      580 58 I VESSEL VOY SIN MAA SIN I TIGER ISLAND 703N 23-24/04 30-02/05 07 0605 I TIGER PEARL 704N 27-27/04 04 06/05 11 12/05 I TIGER SEA 705N 30-01/05 07-09/05 14-15/05 I TIGER BAY 706N 04-04AK 11-13/05 18-1&05 I TIGER ISLAND 707N 07-0605 14-16/05 21-22/05 I TIGER PEARL 708N 11-11/05 18-20/05
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      Page 58 Advertisements Column 2
      933 58 JV FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesinosingn«t.co«n.sg DIRECT CONSOLIDATION SERVICE TO ASHDOD CEBU LAEM CHABANG SAN ANTONIO ALEXANDRIA COLON, PANAMA MALTA SANTOS BUENOS AIRES ISTANBUL MEXICO CITY SHANGHAI CAULAO, PERU IZMIR NEW DELHI XINGANG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices
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      Page 58 Advertisements Column 3
      39 58 REGULAR DIRECT CONTAINER BREAKBULK SERVICE TO PORT LOUIS 6 DURBAN EXPORT VOY SIN PTL DBN ALS EXPRESS 05WB 26A)5 06/06 11/06 ALS ENDEAVOUR 06WB 24/06 05/07 10/07 ACCEPTING TO JOHANNESBURG AGENTS: SINGAPORE BEN LINE AGENCIES T«l: *****22 Fax: *****03
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      Page 58 Advertisements Column 4
      905 58 OOCL (Sinflopore) Pte Ud CFS KeooelTil»i?rf^^^r^ 65 Grfa St OCBC Clr #42-00 *****13 *513 #01-121 f| "**********00N M 272 7127 hrbtokk f KA Ft*; 434 2966 foe 272 7125 WwT Onmt Overseas Container Line (Malaysia) Sdn Bhd (fag Nk *****2-u) fo Pn/UJJKJMU U 03-754 7774 Fix: 03-754 6457 fPft PfNANG
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      Page 58 Advertisements Column 5
      142 58 FULL CONTAINER SERVICE SIN PASIR OUDANO SIN DAILY SAILINGS I VESSEL I VOY I ETA PG 1 PAY I WV IgTAgW IMY I I lllts 1 ST 1 I I B§|] Aconting UC cargo Bwfi Con—irwr (80Q (COO AGENTS: 4 „SBS£& SERVICES m LTD C/R NO: **********0-W PASM MIPAHfI COMPASS
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  • Page 59 Miscellaneous
    • Miscellaneous
      Page 59 Miscellaneous Column 1
      135 59 BMM"* Koto' m m\'» w LEGEND R Thunderstorm T emperoture c X\ V Shower Weother Wind direction with speed in knots Rain Cloudy Sky v Wov height Surfoce winds ore indicated by arrows which ffy with the wind (y One full circle represents colm or light ond vonable winds One
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  • Page 60 Advertisements
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      Page 60 Advertisements Column 1
      133 60 One of the Lead Global Shipping Line is inviting YOU to a' challenging career in this vast growing industry If you are a motivated individual who believes in service excellence, send in your full resume stating your expectations and a recent photograph. And we will explore with you the opportunities
      133 words