The Business Times, 3 June 1999

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Microfilm: NL21504
Total Pages: 44
1 44 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES MIT A (P) 046/12/98 85c SINGAPORE Internet: http://business-times.asial.com.sg/ THURSDAY, JUNE 3, 1999
    15 words
  • Article
    Lock icon MARKET SUMMARY
    70 1 □sn ItXIM (+18.48) V- BT-SRI 74X37 (+5.51) SIMSCI FUTURES 27L10 (+1.90) B MARKET MOOD: Bfl Mixed STOCK MABKET INDICES Wednesday Change KLSE COMP 749.46 -Ml NIKKEI 16,***** 44t HANO SENO 12,468.64 +95.08 SET INDEX ***** ♦1107 JAKARTA COMP __J71» -8JM MANILACOMP _J.41I.77 -UM TAIPEI WH 7,488.03 +90.41 SEOUL
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  • Article
    Lock icon FINANCE
    75 1 FOBEX BATES US) 8$ us$ 1.7a £(US$/SSper£) —1.000 1.771 KURO(US$/SS per E) 1.039 1.790 DM 1.883 0.815 YEN 120.6 1.430* RM 1800 0.464 HK$ 7.750 0122 BAHT 3706 0.047 RUPIAH &138 0.021 *3stoUtunUt PUKE SATES SINGAPORE* 6.825 KUALA LUMPUR 1160 JAKARTA .28.00 BANGKOK 14.75 MANILA 2.N HONGKONG 1026 TAIPEI
    75 words
  • Article, Illustration
    Lock icon Keppel TatLee to sell near-25% stake to Allied Irish for $1.5b
    740 1  -  AIB to buy $350 m of bonds plus warrants with exercise price of $4 J8 By I Siow Li Sen [SINGAPORE] Keppel Tat Lee Bank (KTL) has reached inprinciple agreement to sell a near-25 per cent stake to Allied
    740 words
  • Article
    Lock icon Merrill Lynch muscles in on Internet share trading
    715 1  -  Service to kick off in US in July before extension abroad By' Toh Han Shih [SINGAPORE] Merrill Lynch Co, the largest US brokerage firm, has decided that since it could not beat the online discount brokers, it will now join them. It
    715 words
  • Article, Illustration
    Lock icon HK tycoon wins test case against property buyer
    555 1  -  Defaulter forfeits deposit, ordered to pay compensation Fromi Quak Hiang Whai in Hongkong LI KA-SHING'S Cheung Kong (Holdings) has won a landmark case against a corporate homebuyer which defaulted on payment, setting the stage for more recoveries for the Hongkong developer which
    555 words
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      130 1 DRUPE hICMMi Free trade raises living standards around the world, including those in the US, and efforts to raise trade barriers would do great harm to the US economy, Federal Reserve Board chairman Alan Greenspan said, Pf 14 Sfaraarp The shares and warrants of local stockbroking firms surged yesterday on
      130 words
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      105 1 INDONESIA'S PIVOTAL ELECTIONS A special spread, Pgs 8 9 Editorial, Pg 15 1T c i h r Taking on the global giants, Pg 2 Marriage promises more upside than down, Pg 2 Pasha C watch Automatic movement. Water-resistant to 100 metres. Prices range from 554,530 Available at: <S> Cortina Watch
      105 words
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  • THE KEPPEL TATLEE DEAL
    • Article, Illustration
      Lock icon Poised to take on global banking giants
      1296 2  -  AIB director tells Conrad Raj of the advantages Keppel has over the likes of Citibank and HSBC Conrad Raj KEPPEL Tat Lee Bank, with new partner Allied Irish Banks, will be able to take on the competition, including the likes of global giants
      SIEW YAW HOONG  -  1,296 words
    • Article
      Lock icon Marriage promises more upside than down
      686 2  -  HOCK LOCK SIEW Catherine Ong HO wonder it was those Chinese eyes that were smiling at yesterday's press conference. The Irish appeared to be paying top price for a near-25 per cent strategic stake in Keppel Tat Lee Bank. At $4.18 a share, Allied
      686 words
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      668 2 DERIVATIVE RISKS ITS MANAGEMENT \JHfv C W 0:30 am. Registration r 9:00 am WELCOME ADDRESS Assoc Prof Hum Sin Hoon, Dean, THE Faculty of Business Administration, National University of Singapore NATIONAL UNIVERSITY GUEST-OF-HONOUR'S ADDRESS o/singapore 9:30 am "Index Derivatives and Market Volatility" Prof Robert E. Whaley The Austin Finch Foundation
      668 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Choo quits as MP, pleads guilty to helping to cheat
      382 3  -  Sentencing on Monday; he faces a year's Jail and np to $10,000 fine By. Jennifer Lien CHOO Wee Khiang yesterday resigned his position as Member of Parliament before pleading guilty to helping his business associate in a cheating scam. A
      382 words
    • Article
      Lock icon URA launches tender for 8 land parcels in conservation area
      158 3 THE Urban Redevelopment Authority (URA) yesterday launched a public tender for eight land parcels, all of which are for conservation shophouse development. Slated for two-storey units, the 99-year leasehold land parcels are located at 61-69 Syed Alwi Road, within the
      158 words
    • Article
      Lock icon NGS to launch regional e-trade exchange
      468 3  -  Sing Tel steps up bid to be major player in e-commerce By' Toh Han Shih NATIONAL Computer Systems (NCS) will soon start a regional electronic commerce exchange for companies, which will include its parent company, Singapore Telecom, as a major buyer in this Internet
      468 words
    • Article, Illustration
      Lock icon Call for forum on transparency in financial sector
      449 3  -  By\ Marissa Chew TRANSPARENCY may be the buzzword in the global financial economy, but the problem is that there is no common forum where the different parties can meet to come up with a plan. Accounting and consulting giant Deloitte Touche and
      ARTHUR LEE  -  449 words
    • Article
      Lock icon TDB targets traders to boost Y2K awareness
      146 3 AFTER a successful test last month, the Trade Development Board will target traders in a campaign to raise awareness about the millennium bug. In last month's Trade Net Y2K Simulation Test, over 1,000 test submissions were returned, the TDB said. The test, conducted
      146 words
    • Article
      Lock icon DBS offer: Credit POSB borrowers must satisfy 2 criteria
      430 4  -  Property most be owner-occupied; value most be above loan pins CPF used By Wong Wei Kong NOT all existing Credit POSB home loan customers are eligible for the new fixed-rate package offered by DBS Bank. For one thing, the package applies
      430 words
    • Article, Illustration
      Lock icon Canada circus arts troupe gets BHQ
      230 4  -  By- Marissa Chew CANADIAN circus arts troupe Cirque du Soleil is the latest company to receive Business Headquarters status and will manage its AsiaPacific events from Singapore. The prestigious and highly successful circus arts company, which launched its recurring three-year AsiaPacific tour in January
      230 words
    • Article, Illustration
      Lock icon April M2 up 9.2%, ex-POSBank
      271 4  -  EYE ON THE ECONOMY Finance By Clarissa Tan GROWTH of M 2, the most common money measure, rose one percentage point to 9.2 per cent year-on-year in April, after adjusting for the effects of DBS Bank's acquisition of POSBank. Taking into account the acquisition, M
      Source: MAS  -  271 words
    • Article
      Lock icon Tele-Medical Services closes for one month to revamp operations
      260 4  -  By\ Rahita Elias HOMEGROWN Tele-Medical Services, which provides phone-based health monitoring services, has closed for one month to reorganise its operations. Chief executive Tomer Loiter yesterday denied rumours that the company had gone bankrupt. He told BT that the company suspended
      260 words
    • Article
      Lock icon Using Clob shares to boost M'sian economy
      499 4  -  Andrew Tiang via Internet Singapore THERE have been numerous suggestions on Clob resolutions lately and as the debate and competition become more intense, one can expect more proposals to follow as everyone tries to take a shot in making a fortune out of
      499 words
    • Article
      Lock icon Clob investors owe no explanation
      252 4  -  Eric Ang Teck Sin via Internet Singapore MALAYSIA seems to believe that as the Asian crisis started with the fall of the Thai baht, it could have been fixed had Thailand imposed capital controls. If this theory is acceptable, then I suppose all countries in
      252 words
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      45 3 WW jfe3P^ l mm i ■m.%8-.. -g£. k r V v *V> i f Business Vision <. STAY AHEAD WITH v v THE LATEST NEWS 1 EVEN IN YOUR OFFICE '-w.' K r EXP E R T OPIN I O N S >j EXCELLENCE IN NEWS
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      628 4 3K. KLICTHOmiC KttOUKC»« FJGRAM An Ingnm Micro AfUiatt ELECTRONIC RESOURCES LIMITED NOTICE Of ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of the Company will o Jl eld f 205 Kallong Bahru #04 00 Singapore *****1 on Thursday, 17 June 1999 at 2.00pm ror the
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      39 4 (fVTTP on+he house ir J- .'O 11 JrTOJIEF '^^Bi ik inm 7HM'i r.':i'iKii n< i Ji)/y IK4 )naK()"n f Vi-HI tiK-KJO I 0 A bi:iß<uii.vhon incwEN IpIpSL /MJH.Y. IjiFIBK [purl ri'iju/i The ntorfloni<Bnou;QPL'n nl hie 80/rl Q 1 nw>
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      68 5 Cindy Crawford's Choi Jm ii i- H /m L, I i k, H v *> tiEfffhr fcr* J// bezel/^^E3hs|flß^Soßjj|^^^HABj^^^Bß^^^PH^^H^^^^^^B Ref. OMEGA Swiss made since 1848. V/py-—/*y o OMEGA The sign of excellence E o Main Service Centre: 438 A Alexandra Road #05-03/04 Alexandra Technopark Singapore *****7 Tel: *****88 Fax: *****96
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  • ASIA ON THE MEND
    • Article
      Lock icon G-8 expected to agree on regulating hedge funds: report
      449 6 A summit thia month will call for new disclosure laws Bernama, Kyodo, Reuters [TOKYO] The Group of Eight (G-8) major countries are expected to agree on the introduction of laws to regulate hedge funds at their summit meeting in Cologne, Germany,
      Bernama,; Kyodo,; Reuters  -  449 words
    • Article
      Lock icon Plans for Indon roadshow
      173 6 Reuters [SEOUL] Indonesia will launch a global roadshow to promote investment in the troubled but resource-rich country following next week's general elections, Investment Minister Marzuki Usman said yesterday. Speaking on the sidelines of an investment conference, he said the Indonesian cabinet would meet in July to
      Reuters  -  173 words
    • Article
      Lock icon Asia-Pax; has roared back: Kim
      238 6 Reforms make region even better place for investment, he says Reuters (SEOUL] South Korean President Kim Dae Jung said yesterday that Asia-Pacific economies have roared back from a year of crisis and were now even better targets for investment. "Asian economies are emerging again as
      Reuters  -  238 words
    • Article, Illustration
      Lock icon M'sia eyes Tokyo guarantee for new bonds
      487 7 Working-level talks could start in Aug, says Sakakibara Reuters, Bloomberg [TOKYO] Eisuke Sakakibara, Japan's top financial diplomat, was headed to Thailand and Singapore for talks on Tokyo's bond guarantee plan after meeting with Malaysian Prime Minister Mahathir Mohamad, who expressed interest in issuing
      Reuters,; Bloomberg; AFP  -  487 words
    • Article
      Lock icon Ex-Citibanker is Philippines' new central banker
      320 7 Most recently, Bnenaventnra ran the profitable PCI Reuters [MANILA] Rafael Buenaventura, who topped a 24-year stint with Citibank in Europe and Asia with a highly visible profile as head of a profitable local bank, was named the Philippines' new central bank governor yesterday. Mr
      Reuters  -  320 words
    • Article, Illustration
      Lock icon Fan in prices not deflation: Tarrin
      213 7 Reuters [BANGKOK] A plunge in Thai inflation in May was caused mostly by a recent consumer tax cut and does not signal deflationary pressure, Finance Minister Tarrin Nimmanahaeminda said. The minister told reporters Tuesday there were signs of an increase in consumer spending after
      Reuters  -  213 words
    • Article
      Lock icon RM800m worth of properly sold at KL fair
      212 7  -  From Diana Oon Abdullah in Kuala Lurn/mr HOME buyers snapped up some 800 million Malaysian ringgit (***** million) in properties, mostly homes priced under RM150.000 each, during a four-day property exhibition in Kuala Lumpur over the weekend. Charlie Chan, who heads property
      212 words
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      280 6 Meetin Your Most JDetnand^ng Operationsy I Since 1982. Sysdeco ha# contributed t4w^^#»J[flUiivuicJ 7 ■>^'^ff^"- iii rf\ a V, Software Vendor. ffOB BWHBHHHWliiilWilfWiliifiiiifiilfiiliilfiWiiiißj vwtusat- 1 Event Nome Microsoft office2ooo, Asia Deployment Conference B iCTQSOft Event Date June 7 8,1999 WrK#*A''VYY\jHl VMUN Shangrlla-Hotel, island Ballroom H \#ITK#C/\. A A z l >9WHm'
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      257 7 j?. '-rvl jf 5,000 31 "m <M w < t I'm u C/77B4AK©\ J A "^lllk yv KrlsFlyer aSf ogßojk Fly off faster with free flights on our four Frequent Flyer programs. Earning miles is easy! Up to 5,000 miles free! You earn miles every time you use your Citibank
      257 words
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  • INDONESIA'S ELECTIONS: WHAT'S IN STORE
    • Article, Illustration
      Lock icon Advantage Megawati's PDI ,in a coalition
      1128 8  -  Party seen as crowd puller but a Golkar-PPP-Abri alliance may emerge. Vfkram Khanna learns from Castle Group's report Vikram Khanna MEGAWATI Sukarnoputri's Partai Democrasi Indonesia Perjuangan (PDI-P), or Indonesian Democratic Party, is the party most likely to win the highest number of seats in
      AFP  -  1,128 words
    • Article
      Lock icon Policy prospects hard to read
      1312 8  -  However, early signs point to economic nationalism By James Castle The author is the founder and CEO of the Castle Group AS difficult as it is to predict which parties will do the best in the coming election and which candidates they will support for
      1,312 words
    • Article
      Lock icon Major players: what they've said
      837 8 Wahid On the issue of race: 'Many of us, including NU members, have so far thought of the Chinese-Indonesians as aliens. This is wrong. There is no original race in Indonesia. A great, great-grandmother of mine, 500 years ago, was Chinese.' (Kompu Online, Ju1y24,1906) On
      837 words
    • Article, Illustration
      Lock icon Major candidates
      653 9 Compiled by BT Megawati Sukarnoputri 1947: Borr\ on Jan 23 in Yogyakarta, to President Sukarno and Fatmawati. 1966: President Sukarno handes over power to General Suharto. 1967: Studies agriculture at Pajajaran University, Bandung, leaving to take care of her sick father. 1970: Studies psychology at University of Indonesia
      Compiled by BT  -  653 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Esso to invest in M'sian oil, gas fields
      120 10 KUALA LUMPUR Bloomberg ESSO Companies in Malaysia will invest US$3OO million (Sssl6 million) this year to develop oil and gas fields off the coast of East Malaysia. The gas field, called Angsi, "is a big development" capable of producing 300 mUlion to
      Bloomberg  -  120 words
    • Article
      Lock icon Indonesia threatens tough action against 200 biggest debtors
      386 10 JAKARTA Those who fail to strike loan recovery deals with Ibra to be targeted AFP TOUGH measures will be taken against the worst debtors to Indonesian banks who fail to strike loan recovery deals with banking authorities, Finance Minister Bambang Subianto said.
      AFP  -  386 words
    • Article, Illustration
      Lock icon I'll sue Time, says Suharto
      405 10 JAKARTA His lawyers will file lawsuit in Indonesia next week Reuters INDONESIA'S former president Suharto yesterday said he would sue Time magazine over an article alleging he had a multi-billion dollar fortune, much of it stashed abroad. Mr Suharto told reporters after an early morning
      Reuters; AFP  -  405 words
    • Article
      Lock icon Mahathir wants one more 5-year term as PM
      288 10 KUALA LUMPUR He reiterates duty to continne until DPM is able to take over AFP PRIME Minister Mahathir Mohamad yesterday indicated for the first time that he expects to lead Malaysia for one more five-year term. "At the most I have one
      AFP  -  288 words
    • Article
      Lock icon KL City Corp says it has no plans to buy 6 brokers
      152 10 KUALA LUMPUR Reuters KUALA Lumpur City Corporation Bhd said yesterday it and its broking unit have no plans to take over or merge six stockbrokers under state asset management company Pengurusan Danaharta Nasional Bhd. The company in a
      Reuters  -  152 words
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      1292 10 f I CLIPSAL Clipsal Industries (Holdings) Limited H I fiTffßMl (Incorporated in the Republic of Singapore) Notice of Extraordinary General Meeting 1 NOTICE IS HEREBY GIVEN that Extraordinary General Meeting 1 of the Company will be held at Gateway 1 and 2, Level 2, Pan Pacific Hotel Singapore. 7 Raffles
      1,292 words
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      1086 10 if V LIPSJmL Clipsal Industries (Holdings) Limited m DEKHIKXHIMKK] (Incorporated in the Republic of Singapore) Notice of Extraordinary General Meeting 2 NOTICE IS HEREBY GIVEN that Extraordinary General Meeting 2 of the Company will be held at Gateway 1 and 2, Level 2, Pan Pacific Hotel Singapore 7 Raffles Boulevard,
      1,086 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China's four state banks to axe up to 500,000 jobs
      424 11 SHANGHAI Cast-cutting restructure will see sUff numbers cut lqr opto a third Bloomberg, AFP, AFX-Asia CHINA'S four state banks may cut as many as 500,000 jobs, a third of their combined staff, as the financial industry trims costs in tandem
      Bloomberg,; AFP,; AFX-Asia  -  424 words
    • Article
      Lock icon Creditors not ruling out liquidation for GDE
      487 11 HONGKONG Banks not satisfied with proposed restructuring plan AFX-Asia, Reuters GUANGDONG Enterprises (Holdings) Ltd (GDE) creditors do not rule out the possibility of opting to liquidate the company if the Guangdong provincial government remains adamant about its debt restructuring proposal, the Ming Pao
      AFX-Asia,; Reuters  -  487 words
    • Article, Illustration
      Lock icon Clinton to seek renewal of US-China trade ties today
      387 11 WASHINGTON NYT TODAY, for the seventh time since he took office, US President Bill Clinton will ask Congress to renew China's trading privileges with the United States. It has always been a dicey proposition, though one that Mr Clinton with aggressive
      NYT; AFP  -  387 words
    • SINO Briefs
      • Article
        Lock icon China shuts down access to CNN
        57 11 Reuters [BEIJING] China shut down access to US sateUite news channel CNN for many Beijing residents yesterday ahead of the 10th anniversary of the suppression of the Tiananmen Square pro-democracy protests on June 4. Cable News Network is scheduled to broadcast a one-hour special
        Reuters  -  57 words
      • Article
        Lock icon Not-based data service for HK investors
        75 11 Reuters [HONGKONG] Reuters Group pic and Hong Kong Telecommunications Ltd said yesterday they will market a new Internet-based information product aimed at retail investors—the Hong Kong Stock Market Net (HKSMN). HKSMN wUI deliver real time stock quotes, financial data, Hongkong stock exchange announcements and
        Reuters  -  75 words
      • Article
        Lock icon China plans missile test
        54 11 Reuters [BEIJING] China plans to test a submarine-launched ballistic missile with a range ofB,ooo kilometres this year, state media said yesterday. The Julang n missile wiU first be launched from a conventional submarine and then from a "Summer" class nuclear sub, the Weekly Digest said. It
        Reuters  -  54 words
    • Article
      Lock icon MTRC hopes to list debt on Monday
      106 11 ■HONGKONG Bridge News THE government-owned Mass Transit Railway Corp hopes its HKS2 bUlion (***** million) debt issuance programme will be listed on Hongkong's stock exchange on Monday, an MTRC announcement says. The plan comes before the government lists Exchange Fund paper, expected in
      Bridge News  -  106 words
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      111 11 Cathay pilots' pay row Cathay turns to foreign rivals as pilots threaten strike Full report. Shipping Times Pg 14 Hotel 81 Palace Hotel 81 HotdBl-Star Hotel 81 Princess Hotel 81 Gold Hotel 81 Hollywood shoppings Mr<ondiuoned rooms BCoiour TV 25m&wGeyldne 2\loyngJGeyiang 31 timg 1$ Geyiang 21 Lormg 12 Gevkng 20Loront20Gevhno
      111 words
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      1184 11 IfSt Lloyds laalßank jio«» "TSZm" "TSUS" £m £n i Interest receivable: Cash and balances at central banks 1,073 881 Interest rwpivahip »n,H tSJ Wbt5 f SlSfftebil^ 5 3JO 3 569 Otter'iSterest'o' lUar" 526 572 KSSS™ JSS II Debtsecunt.es ijjg 12 534 Writedown of fl "ance lease receivables 58 Equity shares
      1,184 words
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  • ASIA
    • Article
      Lock icon Australia expands 1.1% on record consumer spending
      449 12 SYDNEY Covntryseen mimicking US with strong growth and tawui iiiflttim Bloomberg AUSTRALIA'S economy expanded by 1.1 per cent in the first quarter of this year, led by record consumer spending and investment by companies betting that the eight-year long expansion still has some
      Bloomberg  -  449 words
    • Article
      Lock icon Japan to waive 400b yen in debt says daily
      214 12 TOKYO AFP JAPAN will forgive a total of 400 billion yen (555.7 billion) in debt for poor nations, a report said yesterday. The debt waiver will apply to nearly all the 41 countries identified by the International Monetary Fund and the
      AFP  -  214 words
    • Article
      Lock icon NZ govt against opposition plan to toughen takeover rules
      257 12 WELLINGTON Leave regulation of market to stock ftTphinjro' minigtAr Reuters THE government has come out against tougher share market takeover rules proposed by the main opposition Labour party. Earlier, Labour issued a policy paper proposing stronger sanctions against insider trading, including
      Reuters  -  257 words
    • Article, Illustration
      Lock icon Ku Klux Klan now in Australia: report
      161 12 SYDNEY Bernama-Kyodo THE US-based white supremacist organisation Ku Klux Klan has established several branches in three Australian states, the Sydney Morning Herald said yesterday. The Imperial Klans of America, a major KKK group based in Kentucky, has set up branches in New South
      Bernama-Kyodo; AFP  -  161 words
    • AISA Notes
      • Article
        Lock icon Minister's wife cleared of mink scandal
        128 12 [SEOUL] The wife of South Korea's Justice Minister Kim TaeJoung was yesterday cleared of involvemsot in a scandal dubbed "fashiongate". Prosecutors cleared the minister's wife of allegations she accepted a ftir and other expensive clothes from the wife of a businessman who faced criminal
        128 words
      • Article
        Lock icon LG not fit to take over Korea Life
        70 12 Reuters Reuters [SEOUL] The head of South Korsa'a Financial Supervisory Commission has said LO Group would not be an appropriate candidate to take over Korea Ufe Insurance. "LG's takeover of Korea Life is not appropriate," a commission spokesman quoted chairman Lee Hun
        Reuters  -  70 words
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      571 12 9 SembCorp W Logistics SEMBCORP LOGISTICS LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING T,C E !f HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at The Theatrette, 60 Admiralty Road West Singapore *****7 on June 26,1999 at 8.45 a.m. (or
      571 words
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      108 12 This announcement does not constitute an offer or an invitation to any June 1999 person to subscribe for or purchase any of the securities described herein. t nor is it calculated to invite, nor does it permit the making of. offers for such securities The issue has been fully subscribed
      108 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Euro hammered to yet another new low of US$1.0350
      451 13  -  SINGAPORE Barclays Capital revises target to 95 US cents within 6 months By: Larry Wee THE euro was forced to a new all-time low in Asian trading yesterday, rattled by news of a further delay in the Kosovo peace talks, and
      Source: Reuters  -  451 words
    • Article
      Lock icon Captain killed, 17 missing in American Airlines crash
      321 13 LITTLE ROCK, Arkansas Plane overshoots runway after landing at 11.50pm local time Bloomberg AN American Airlines jetliner carrying 145 passengers and crew crashed at an airport in Little Rock, Arkansas, killing the captain and an undetermined number of others. The McDonnell-Douglas Super
      Bloomberg  -  321 words
    • Article, Illustration
      Lock icon Free Explorer works like a bribe, says witness
      337 13 THE MICROSOFT CASE Microsoft accused of bundling browser with Windows to maintain monopoly AFP [WASHINGTON] Microsoft "basically bribed" consumers to take its Internet Explorer browser in order to preserve its monopoly in operating systems software, a government witness testified here on Tuesday.
      AFP; FILE PHOTO  -  337 words
    • Article, Illustration
      Lock icon Trade barriers will hurt US, warns Greenspan
      381 14 BOSTON Fed chief implicitly criticises steel damping complaint, earlier penalties Bloomberg FREE trade raises living standards around the world, including those in the US, and efforts to raise trade barriers would do "great harm" to the US economy, Federal Reserve Board Chairman Alan
      Bloomberg  -  381 words
    • Article
      Lock icon Economists see Fed raising rates at June 29 meeting
      335 14 WASHINGTON Bloomberg FEDERAL Reserve policymakers are poised to raise US rates as soon as their next policy meeting on June 29-30 to cool an economy that's showing few signs of slowing, some economists said. A quarter-point increase in the overnight loan
      Bloomberg  -  335 words
    • Article
      Lock icon Dow Jones in tie-up with German paper
      324 14 FRANKFURT It will swap stake in Wall Street Journal Europe for share in Handelsblatt NYT HOPING to fend off The Financial Times of London in Continental Europe, Dow Jones Co on Tuesday announced an alliance with Germany's biggest daily business newspaper. Under the
      NYT  -  324 words
    • WORLD Watch
      • Article, Illustration
        Lock icon Hens protest
        68 14 AFP [LONDON] "Hetty", a six foot giant hen stages a street protest in London's Knightsbridge district yesterday calling for a ban on battery cages for egg laying hens across the European Union. The decision to abolish battery cages in Europe will be taken by the EU council of
        AFP  -  68 words
      • Article
        Lock icon New WTO leadership contest may loom
        80 14 Reuters [WELLINGTON] If the stalemate over the WTO leadership is not resolved in New Zealand's favour in a week, there would be fresh talks involving new candidates, a New Zealand source said yesterday. '1 would expect we've got about a week it has to
        Reuters  -  80 words
      • Article
        Lock icon World Court rejects Belgrade petition
        57 14 AFP [THE HAGUE] The International Court of Justice yesterday rejected a Yugoslav petition to end Nato air strikes. The court said although it was "profoundly concerned" at the use of force in Yugoslavia, which raised "very serious issues of international law", it was not competent
        AFP  -  57 words
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      642 13 ftfH 4S 3 Leong Hin Holdings Limited (Incorporated in The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the First Annual General Meeting of the Members of the Company will be held at 17 Gul Way, Singapore *****4 on Friday, 25 June 1999 at 2.00pm
      642 words
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      5 13 v Mcrosofr y differently. IwwvuntcroMfteonVafllM
      5 words
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      181 14 I t If difficult to tell apart who's more enthusiastic when it comes to the New Golf you or the valet who is just waiting for a chance to park it. After all, it is still the ultimate hatchback. With a new and powerfully awesome 1.8-litre turbo-charged engine and legendary
      181 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon S'pore firms must improve on disclosure
      832 15  -  THE BOTTOM LIMB OPINION By David Mason The writer was a partner in an international accounting firm in Singapore/or 14years. He is now a business consultant in the United Kingdom. He contributed this article to BT QUITE a few corporate brows will have been
      832 words
    • Article
      Lock icon IN OTHER WORDS
      106 15 'I've never had any desire to end my days at the bottom of a deep crevasse. I've been down too many of them for that to have much appeal. I'm a somewhat fearful person and would prefer to go peacefully if that were possible.' Ednrand Hillary mountaineer,
      106 words
    • Article
      Lock icon Indonesia's pivotal elections
      593 15 EDITORIAL IT is perhaps the best symbol of the changing political landscape in Indonesia and the old making way for the new: the central bank announced that the existing 50,000 rupiah note ($10.60) which portrays a smiling Suharto with the legend, The Father of Development, will be
      593 words
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      Lock icon Are Sino-American relations beyond repair?
      1031 15  -  There are concerns that unless leaders can bring a new balance into the relationship, things could get oat of hand By Leon Hadar The writer is BT's Washington correspondent TO SAY that 1999 has not been the most promising year for the SinoAmerican relationship would
      FILE PHOTO  -  1,031 words
    • Article, Illustration
      Lock icon Tipper can't sell sex appeal for Gore
      736 15  -  COMMHMTABY By i Maureen Dowd The writer is a New York Times columnist [WASHINGTON] Back in 1995, my mother felt that A 1 Gore needed a little boost. She wrote him a letter telling him what a great job he had done hosting
      736 words
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      Lock icon WHAT THE OTHERS SAY
      294 15 Breaking developed countries'hold on WTO THERE are dark clouds on the world trade horizon. America is in a long boom that has defied rational expectation, but a few weeks ago, Alan Greenspan, the Federal Reserve chairman, warned: "I am concerned about the recent evident weakening for
      294 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Atelier's visual delight
      718 16  -  Exquisite costumes, good performances though not a vocally inspiring evening By\ P Y Van [SINGAPORE] When it comes to good looks, Opera Atelier's double-bill of Le Bourgeois Gentilhomme and Dido And Aeneas for the Singapore Arts Festival is hard to beat. A visually stunning pack- age directed
      718 words
    • Article, Illustration
      Lock icon The definitive 007
      424 17  -  Pierce Brosnan pays tribute to the original Bond, Sean Connery. Paul majekdie reports PAUL MAJENDIE Reuters PIERCE Brosnan yesterday freely admitted that Sean Connery was his ultimate role model when it came to playing James Bond. And Desmond Llewelyn, who plays the bumbling gadget mastermind Q in
      Reuters  -  424 words
  • Page 16 Advertisements
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      197 16 (pArifonidt cucdtne. a djP Lnd(ou>£\t^ j (3^OLVLStOVI Virtue coi++.Jbant^ &/>Jb ICLOI V 'ft ou ocon THE RTI7OIRLTON' MILUNIA SINGAPORE Surroundings reminiscent of an emperor's summer abode. The art of Cantonese cuisine, fit for a royal entourage. Please call 434 5288 for reservations. 7 Raffles Avenue, Singapore *****9. Tel: 337 8888
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  • Page 17 Advertisements
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      412 17 Where to wine, dine and fisSßr "Si* &j£k,k. JfL m Ml M 4t. CITY THAI SHARKSfIN RtSTAURANT Braised Superior A Shark's Fin w/Crabmeat^^jjP Braced Superior Shark's Fin w/Crabmeat a O&ypot per person) Braised Whole Abalone A/Supreme Mushroom Kai-Lan SambaJ Pomfret Prepared in Thai Styte Crispy Fried Golden Beancutd Baked King
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      Lock icon Page 17 Advertisements Column 2
      163 17 ,H MANDARIN SINGAPOR EH PICK OF THE OICHAIO FESTIVAL 4-18 )une 1999 WE'VE GOT ASIA'S S STAPLE DIET ALL WRAPPED UP i READY TO GO. Take home a selection from our savoury Shanghainese, Cantonese and Nyonya I dumplings this Dumpling Festival. For enquires and advance orders, please call: 831-6283/5 (daily
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  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      1067 17 CBYPTIC CROSSWORD 6 Game for children JIB 10 Mark new sheets and pillow- —hh mh —■■f IhJ 11 Soldiers at present are coming back (9) 12 Does turn dead miserable HH 13 Go for a light colour (5) jg-" more tasteful in North Af- U U wrong (7) A handy
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  • MOTORING
    • Article, Illustration
      Lock icon Car & Cars and more
      833 18  - Car Cars and more GAB TiiAmr Some industry players seem to think that going the distance on the frills works, writes Christopher ta> CHRISTOPHER TAN WHAT do foot reflexology, pool tables and percolators have in common? They're all new tools in the old game of selling cars. A showroom is
      PHOTOS BY ARTHUR LEE  -  833 words
    • Article
      Lock icon Ford sets up OHQ in Bangkok
      382 18  -  Move highlights growing emphasis on region's markets Byy Christopher Tan [SINGAPORE] Ford Motor Co is setting up an operational headquarters in Bangkok, signalling the company's increased in the region. The office will be headed by Jerry Kania, who has been appointed president of Asean
      382 words
    • Article
      Lock icon Cleaner diesel engines
      320 18 [SINGAPORE] Diesel engines are on the threshold of new environmental standards thanks to a particle filter to be fitted to the exhaust. Sometime early next year, PSA Peugeot Citroen of France will become the first vehicle maker to incorporate this breakthrough filter to its new diesel models.
      320 words
    • BUMPER to BUMPER
      • Article
        Lock icon Free rides for Nissan car owners
        61 18 NISSAN car owners will get two free Transit Link farecards when they send their vehicles in for servicing this month. Each farecard, bearing a photo of the Nissan Sunny VBP, has a $1 travel value. The free ride on public transport is a promotion
        61 words
      • Article
        Lock icon World car output down 4.3%
        95 18 GLOBAL vehicle production fell 4.3 per cent in 1996 to 51.9 million units, according to Toyota. Korean output shrank the most, by 30.6 per cent to 1.95 million. Brazil was next, dropping 24 per cent to 1.57 million. Only the UK, Spain, France and Germany
        95 words
      • Article
        Lock icon Toyota to list in New York, London
        68 18 TOYOTA Motor Corp of Japan will list its American depositary receipts on the New York Stock Exchange towards the end of the year. The world's third-largest vehicle manufacturer said it would also list its shares on the London Stock Exchange. Toyota recaptured its
        68 words
      • Article
        Lock icon BMW bikes chalk record sales
        66 18 BMW Motorcycles Division marked its 75th anniversary last year with the best sales ever. Deliveries rose 11.2 per cent to 54,014 worldwide—outperforming the industry's growth rate erf 7.3 per cent It was the 10th oonsecutive growth year for the business. Germany led sales, followed by
        66 words
      • Article
        Lock icon BMW foundation to promote innovation
        66 18 BMW has announced the setting up of the Eberhard von Kuenheim Foundation, to encourage innovative and unconventional business ideas and research projects related to BMW. Mr von Kuenheim has retired as BMW's chairman of the supervisory board. He has been credited with developing BMW from
        66 words
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        Lock icon Words lose their importance
        58 18 A PICTURE is worth a thousand words. Jean-Remy von Matt one of the top advertising men in Europe, observed that the average amount of text in a car advertisement in Stern magazine was 290 words 20 years ago. It shrank to 130 words a decade ago.
        58 words
      • Article
        Lock icon Test-driving in aid of cancer research
        63 18  -  -OwipiMlqri Christopher Tan BMW North America is running a campaign in support of the Susan G Komen Foundation, which is devoted to breast cancer research. Motorists are invited to test-drive a Beemer and BMW North America will rinnato US$l for every mile (I.6km) covered
        63 words
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      87 18 brought to you by v f '^mgmmm^mmmammmimm^m. Hpf', i*r -JsPr^Plllß [TbJI i[ij I y A |7*B 'JiM lUTm |<[« flj^B HH|HHH Any petrol can power your cor, but Formula Shell XO does more. Its revolutionary formulation cleans your engine as you drive, giving you a silky, smooth ride. Powerful Vaporon™
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Broking firms' shares, warrants rally
      562 19  -  Recent surge in market turnover fuels hopes of upturn In earnings for firms By Ven Sreenivasan [SINGAPORE] The shares and warrants of local stockbroking firms surged yesterday on expectations of stronger earnings on the back of a steady pickup in market activity. GK Goh warrants
      Source: Bloomberg  -  562 words
    • Article
      Lock icon Clob group studying other options
      286 19  -  Protem panel says it's looking at several promising alternatives By' Ven Sreenivasan [SINGAPORE] The recently formed grouping of Clob investors said it was studying several "promising" alternatives to the two offers currently on the table. In a press statement yesterday, David Gerald J, the protem
      286 words
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      Lock icon FHTK says it knows of no reason for price surge
      170 19 Frait distributor has risen 15% since Friday [SINGAPORE] FHTK Holdings said yesterday that it was not aware of any reason for the sharp increase in the price and activity in its shares. Shares of the mainboardlisted fruit distributor have risen
      170 words
    • Article
      Lock icon Ultra buys 82.5% stake in Altum for $13m
      389 19  -  Purchase to be paid through issue of 16.2 m new shares at 79.5 cents each By, Annette Pan [SINGAPORE] Ultro Technologies has bought an 82.54 per cent stake in Altum Precision for $12.88 million, which will be paid with 16.2 million new
      389 words
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      Lock icon Second Chance switching from clothes to retail property
      551 19  -  Group has bought $6m worth of shop Quits since late April By] Rahita Elias [SINGAPORE] Sesdaq-listed clothes retailer and jeweller Second Chance Enterprises plans to accumulate some $50 million worth of property within the next year or so as it works to
      CHRIS LOH  -  551 words
    • COMPANIES
      • Article
        Lock icon Renong to transfer 400ha Johor land to UEM minorities
        563 20  -  It's to compensate these shareholders for bearing harden of Renong's debt restructure plan From, Ruth Wong m Kuala Lumpur CONGLOMERATE Renong Bhd has agreed to transfer 1,000 acres (404.6 hectares) of Johor land to United Engineers (Malaysia) Bhd's minority shareholders as
        563 words
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        Lock icon G&W to expand precast business
        306 20  -  It now has three precast yards with a total area of 10.5 ha By' Teh Hooi Ling [SINGAPORE] Mainboard--1 is ted G&W Group yesterday said it is expanding its precast business with a planned $4 million investment, in addition to the $6 million pumped in
        306 words
      • Article
        Lock icon Telekom to list units in S Africa, 2 other countries
        100 20 Reuters [KUALA LUMPUR] National utility giant Telekom Malaysia Bhd plans to list units in South Africa and two other countries on foreign stock markets to fund overseas expansion, the company's chief executive said yesterday. The company plans to float its
        Reuters  -  100 words
      • Article, Illustration
        Lock icon Hiap Seng Engineering upbeat about growth prospects
        547 20  -  It sees gains from construction boom with completion of Jnrong Island By, Annette Pan [SINGAPORE] Sesdaq-bound engineering group Hiap Seng Engineering, whose fortunes are closely tied in with the chemicals industry, sees good growth prospects with the completion of Jurong Island in the
        CHRIS LOH  -  547 words
      • Article
        Lock icon TAC raises US$70m through private placement
        463 20  -  From, Harish Mehta in Bangkok DEBT-LADEN Total Access Communication, Thailand's second-largest mobile phone operator, yesterday said it has raised US$7O million (*****.6 million) through a private placement to satisfy its creditor banks. After a week of roadshows to seven cities in the US, Europe
        463 words
      • Article
        Lock icon Texmaco to list 2 units on Nasdaq
        321 20 It hopes to raise funds to repay USsl.4b debt AFP [JAKARTA] Indonesia's Texmaco Group plans to list two of its subsidiaries on the US Nasdaq electronic stock exchange to raise funds to repay about US$l.4 billion (552.4 billion billion) of overseas debt and
        AFP  -  321 words
      • COMPANY Briefs
        • Article
          Lock icon Total Automation disclaimer
          56 20 [SINGAPORE] Total Automation Ltd said yesterday that its directors are not aware of any material information or circumstances which led to the increase in the price and trading volume of the company's shares yesterday. Tfoe Seadaq counter chalked up a volume of 16.3 million shares to close
          56 words
        • Article
          Lock icon Khong Guan scraps acquisition plan
          50 20 [SINGAPORE] Khong Guan Flour Milling said yesterday it has decided against a proposed asset acquisition. The day before, the group said it was evaluating a business proposal which would entail a very substantial acquisition. It has requested that the trading suspension ofitsshares be lifted today.—Reuters
          50 words
        • Article
          Lock icon OUB ups stake in Nets to 20%
          49 20 [SINGAPORE] Nets or Network for Electronic Transfers (Singapore) Pte Ltd, is now an associated company of the Overseas Union Bank. OUB raised its shareholding in Nets to 20 per cent from 14.29 per cent through the acquisition of a further 80,000 shares.
          49 words
        • Article
          Lock icon NatSteel Prop ups Wira stake to 50%
          76 20 [SINGAPORE] Nat Steel Properties now ownsa half share in Wira Centennial Sdn Bhd following the acquisition of 101,000 shares in Wira for $76,001. Prior to the acquisition, the wholly-owned subsidiary of NatStedLtd held a 30 per cent stake in Wira, which owns a
          76 words
        • Article
          Lock icon Wearnes raises Pacific Silica stake
          45 20 [SINGAPORE] Wearnes International has bought 4.7 r million shares at A 50.50 apiece in Pacific Silica Pte 141 (PSPL) for a total of All J6 million (5g1.38 million). raises its shareholding in PSPL from 51 per cent to 7435 percent
          45 words
        • Article
          Lock icon Broadway Industrial director outs stake
          60 20 [SINGAPORE] Broadway Industrial Group said director and substantial shareholder Wong Sheung Sze sold two million shares representing 1.75 per cent of the groups issued share capital on Tuesday. He sold the shares 9s. an average of 39.595 to 40.27 cents each. After the sale, he
          60 words
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          Lock icon Pidemco's Liang Ct offer till June 24
          29 20 [SINGAPORE] Pidemco Land's takeover offer for Liang Court Holdings' shares and warrants will be open t>r acceptance until 330pm on June 24.
          29 words
      • Article
        Lock icon Brierley raises Air New Zealand play to NZ$1b
        821 21 Move to up stake may have S'pore Airlines'backing, analysts say Reuters, AFXAsia [WELLINGTON] Brierley Investments Ltd has lifted to NZ$l billion (Ss9o6 million) the value of its Air New Zealand play with analysts speculating the move might have Singapore Airlines' backing. After
        Reuters,; AFXAsia  -  821 words
      • Article
        Lock icon Samsung ups DRAM investment by 50%
        391 21 Money to be spent mainly on next-generation product Reuters [SEOUL] The world's largest maker of dynamic random access memory (DRAM) will spend some 50 per cent more than it had originally planned this year to stay ahead of competitors in the production of a
        Reuters  -  391 words
      • Article
        Lock icon Intel enters telecoms market by buying Dialogic for US$780m
        496 22 Move will let chip maker add products that combine phone, computers systems Bloomberg [SANTA CLARA, California] Intel Corp, which is pushing outside its traditional processor business, agreed to buy Dialogic Corp for about US$7BO million (551.34 billion) in cash to add
        Bloomberg  -  496 words
      • Article, Illustration
        Lock icon Japan court declares Yamaichi Sec bankrupt officially
        423 22 Pressure now on BOJ to collect 489b yen in public money loaned to brokerage AFP [TOKYO] Japan drew the final curtain over the failed Yamaichi Securities Co Ltd yesterday as a court officially declared the once-prestigious broker bankrupt. Now pressure on the Bank
        AFP  -  423 words
      • Article
        Lock icon C&W may have won over key player in battle for IDC
        389 22 AFX-Asia, FT, Reuters [TOKYO] Britain's Cable and Wireless pic, which on Tuesday turned up the heat in the battle for Japan's International Digital Communications Inc by raising its allcash bid to 69 billion yen (*****.8 million), may have won
        AFX-Asia,; FT,; Reuters  -  389 words
    • GLOBAL Briefs
      • Article
        Lock icon BAT-Rothmans merger gets Aussie nod
        72 22 Bloomberg [SYDNEY] British American Tobacco pic, the world's second-largest cigarette maker, and Rothmans International SA won clearance for their merger in Australia, removing the last obstacle to BATs worldwide £4.6 billion (5512.7 billion) acquisition of Rothmans. The Australian Competition and Consumer Commission cleared the plan
        Bloomberg  -  72 words
      • Article
        Lock icon Charles Schwab, Tokio Marine in tie-up
        83 22 Bloomberg [TOKYO] Charles Schwab Corp, the world's largest online brokerage, and Tokio Marine and Fire Insurance Co, Japan's largest casualty insurance company, have agreed to form a full-service brokerage in Japan. Charles Schwab will own SO per cent of the venture and Tokio Marine
        Bloomberg  -  83 words
      • Article
        Lock icon Microsoft pushes ahead with Sendit bid
        88 22 Reuters [STOCKHOLM] Microsoft said yesterday it was still hopefUl of acquiring Sendit AB and did not know why Swedish insurer Skandia was lifting its stake in the Swedish mobile phone and Internet technology firm. Since Microsoft made a takeover bid for Sendit on May
        Reuters  -  88 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Daimler Chrysler beats GM to No 1 spot among manufacturers
        627 23 Motor vehicles and parts industries produce most revenues: magazine Bridge News [AKRON, Ohio] DaimlerChrysler AG has replaced General Motors Corp as the largest publicly held manufacturing firm in terms of revenue, according to IndustryWeek maga2ine. Industry Week, a 28-year-old trade
        Bridge News  -  627 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon S&P ratings protected by law, court rules
        263 24 Decision means Orange County will have to prove S&P knowingly published false ratings Bloomberg [SAN FRANCISCO] Standard Poor's Corp ratings are protected by the First Amendment, under a pair of federal court rulings connected to the 1994 bankruptcy filing by Orange County, California.
        Bloomberg  -  263 words
      • Article, Illustration
        Lock icon Composer replaces Suharto
        47 24 [JAKARTA] The central Bank of Indonesia has issued new 50,000 rupiah (SSI 0.60) bank notes (left) bearing the image ofWR Supratman, composer of the national anthem, to replace those (right) bearing the image offormer strongman Suharto The old notes will still remain valid. AFP
        AFP  -  47 words
      • Article
        Lock icon AmSouth boosts presence with US$6.3b deal
        334 24 Reuters [NEW YORK] Regional bank holding company AmSouth Bancorp said on Tuesday it would buy First American Corp of Nashville, Tennessee, for US$6.3 billion (5510.9 billion) in stock, evolving into a bigger retail bank with a formidable market presence in the southern United States.
        Reuters  -  334 words
      • Article
        Lock icon Visitors to S'pore up spending on Visa
        263 24  -  Europeans generate strongest growth of 20% this year By Rahita Elias [SINGAPORE] Visa International is enjoying a revival of sorts. Since January this year, it has seen a resurgence in spending by its foreign cardholders visiting Singapore. Janet Tan, Visa International's director, marketing
        263 words
      • SMALL Change
        • Article
          Lock icon Midland Bank acquires Malta bank
          78 24 AFP [HONGKONG] Global banking giant HSBC Holdings pk said yesterday that its wholly-owned British subsidiary Midland Bank pic had acquired a 70.03 per cent stake in Malta's largest commercial bank for U*****.4 million (***** million). The acquisition comprises the Malta government's 67.11 per cent stake
          AFP  -  78 words
        • Article
          Lock icon UBS to sell real estate worth 875m sfr
          73 24 Bloomberg [ZURICH] ÜBS AG, Europe's second-biggest hank, said it will sell real estate worth 875 million Swiss francs (***** million) to a group led by Swiss property company Maag Holding AG to free cash for other investments. ÜBS said it reached an
          Bloomberg  -  73 words
        • Article
          Lock icon Allianz buys stakes in Taiwan firms
          44 24 Bloomberg [TAIPEI] Allianz AG, Germany's biggest insurer, will buy 50 per cent of two insurance joint ventures from Zurich Financial Services Group, aiming to »yp?nd its foothold in the island's US$56O billion market, its Taiwan partner said. Bloomberg
          Bloomberg  -  44 words
      • Article
        Lock icon Late buying interest boosts futures
        111 25  -  g Tnr Reports MS& Singapore Index Christopher A Podbury, Jardine Fleming THE Simsci futures finished yesterday higher on late buying interest that saw the June contract trade to an intra-day high of 272.0. Institutional buying interest was evident throughout this period. The June Simsci futures
        111 words
      • Article
        Lock icon Futures continue to trade higher
        210 25  -  MSCI Taiwan fatures Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures continued its upward momentum to close 2.5 points higher in the June '99 contract. The Taiex gained 90.41 points after a report that Taiwan Semiconductor Manufacturing Company would own part of
        210 words
      • Article
        Lock icon Oil prices regain some ground after Tuesday's slump
        339 25 ENERGY REPORT Reuters [LONDON] Oil prices picked up yesterday, drawing a line under a slump which on Tuescay took crude values to a twomonth low. Laidon futures for July North Sea Brent blend rose 20 cents to U5514.75 a barrel at 1410
        Reuters  -  339 words
      • Article
        Lock icon CURRENCY REPORT
        342 25 Reuters London THE euro was near lifetime lows against the dollar and sterling late in Europe yesterday and seen at risk of extending its losses amid persistent gloom about the euro zone's economic outlook. The single European currency shed more than one per cent against the dollar on
        Reuters  -  342 words
      • Article, Illustration
        Lock icon Untitled
        1226 25 nrrERBAmtCROSSRATES Jw2 *S c$ »Hi hro ffr Dw HKS Iwd to Huplah Yw Won m MZ$ Pak to Ptso S$ »wd Sfr MT$ MX Pond g Australia 0.956 6.178 0.620 4.068 1.213 4.995 27.653 52.398 0.776 7.640 2.448 1.224 33.467 24.450 1110 3.994 0.968 21.085 23.867 0.400 0.644 Canada 1.046
        1,226 words
      • Article
        Lock icon Untitled
        1858 25 SICOM FUTURES Jun 2 RUBBERfuturcs dosing as it 5.30pm) RSS1 C0ITRACT(S cwtsAg) Close Volume 0pm Month High Low Sett (towns) Interest Jul 99 106.00 106.00 106.50 150 700 Aug 99 108.50 375 Sep 99 112.00 112.00 111.50 600 275 0ct/Dec99 116.00 1500 Jan/MarOO 120.75 Apr/JunM 124.25 RSS 3 CtfTRACT (US
        1,858 words
    • Article, Illustration
      Lock icon HONGKONG
      1382 26 AFP Q Hang Seng ♦96.08 HONGKONG share prices rose 0.8 per cent yesterday on selective bargain-hunting spurred by overnight gains on Wall Street, dealers said. "It is a technical rebound, with mainly bank shares leading, following the gains on Wall Street," said Michael Ng, deputy managing director at Sassoon
      AFP  -  1,382 words
    • Article, Illustration
      Lock icon CHINA
      551 26 Reuters Q Shenzhen B Index -157 SHENZHEN'S hard currency B shares slumped under an onslaught of profit-taking yesterday, closing down 4.6 per cent after a roller-coast-er ride. The B share index fell 3.57 points to 74.03 after touching an intraday high of 82.95 in the morning. Turnover swelled to
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  551 words
    • Article
      Lock icon TAIPEI
      355 26 AFP HWP Index *10.41 TAIWAN share prices closed 1.2 per cent higher yesterday on strong buying of technology shares, dealers said. "The technology sector reported the biggest gains on news of the strategic alliance between TSMC (Taiwan Semiconductor Manufacturing Company) and Acer," said Michael Hsu, manager of Fubon Securities.
      AFP  -  355 words
    • Article
      Lock icon WORLD STOCK MARKETS
      2250 26 LONDON INUSTnilS M 2 Pound 3t Group 6.95 -0.04 Abbey Nitional (3.43 0.36 A B Foods 4.55 -0.07 A B Ports 2.81 0.04 A HUnc* Leicester 8.87 -OJ3 Allied Domecq 6.21 0.02 Allied Zurich 7.91 -0.03 Anglo American Gold 4X70 unch ASOA Group 1.83 0.04 Ban* of
      2,250 words
    • Article
      Lock icon TOKYO
      1589 26 AFP n Nikkei 225 +9.49 SHARE prices in Tokyo edged up 0.06 per cent yesterday as investors bought bank stocks in quiet trading, brokers said. The key Nikkei average of 225 leading issues on the Tokyo Stock Exchange gained 9.49 points to end at 16,417.99. After opening lower, shares
      AFP  -  1,589 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Lock icon Untitled
        8314 27 wmmmM CWHMHf prefects 1999 Last Vei Day Net Cap Htgh L— Company Sate "000 Wgk Lew P/l $o« MO 255 AJinomoto 330 -14 4 334 330 20.9 1333 115 46 Angkasa 85 -5 47 89 80 125.3 293 220 Apollo Food Hlg 268 9.3 >07 J 204 115 Berjeye Land
        8,314 words
      • Article, Illustration
        Lock icon Profit-taking, foreign selling pull shares down
        401 27 AFP Q Composite Index -Ml MALAYSIAN share prices closed 1.3 per cent lower yesterday due to profit-taking and mild foreign selling. An institutional sales manager with a local brokerage said falls were due to quick profit-taking underscoring fears that prices may not be sustainable
        AFP  -  401 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Lock icon DBS Bank Local covered wrt fairly priced
        176 28  -  WARRAKT WATCH -By R Sivanithy THE latest covered warrant that will find its way to the local exchange is Deutsche Bank's two-year instrument on DBS Bank Local, which was launched on Tuesday. The placement price of 41.89 cents and an exercise price of
        176 words
      • Article
        Lock icon Untitled
        2189 28 •MM. LOANS i WARRANTS m "r la« Oay Last Ouo«t A«f L C"»»l Sat* *ar- COOO) High Low Buyar SaNar Mea 1 1,60 e r WOW731USS 34.5 *2 1303 3SJ 30 34 14.5 V ?r 2 4$e 47 "s 2 £f 46 2 Wl AkTach ******7 24 -2 5 24
        2,189 words
      • Article
        Lock icon CLOB INTERNATIONAL
        212 28 HOUOIOIW STOCKS Cr Gf Laa« V«t Day Last Oxta Mv Dtv VM Nat M Cap Hl<h >tn *«*a COOP) H>» Law fciyar 5a6ar CV E/t $nn 365 173 5123 CDU*****MK 365 ta 365 355 352 5 365 8 17 2.2 12.4 7067 5124 CaHiayPac20cHK_720 265 2.1 M 6
        212 words
      • Article, Illustration
        Lock icon JAKARTA
        716 28 AFP P Composite Index -BJ4 INDONESIAN shares fell 1.5 per cent yesterday led by banking stocks on concerns over additional rights issues by banks and the political situation surrounding the June 7 elections, dealers said. An analyst with Harita Kencana Securities said banking shares still dominated trading yesterday. "Banking
        AFP  -  716 words
      • Article, Illustration
        Lock icon BANGKOK
        856 28 AFP SET Index *lKff THAI shares ended sharply higher yesterday, climbing 2.8 per cent, led by heavy trade in financial and communications issues, analysts said. The benchmark Stock Exchange of Thailand Index rose 13.07 points to finish at 474.86. Advancers led decliners 189 to 40, with 57 unchanged in
        AFP  -  856 words
      • Article
        Lock icon MANILA
        292 28 AFX-Asia P Manila -2156 SHARE prices closed lower yesterday after portfolio investors took profits in blue chips following two days of gains, and shifted their funds to mid-cap and small-cap stocks, dealers said. The Composite Index closed down 24.55 points at 2,415.77 after touching a high of 2,454.89. Volume
        AFX-Asia  -  292 words
      • Article
        Lock icon SEOUL
        390 28 AFP Composite Index +2L28 SOUTH Korean share prices closed 2.8 per cent higher yesterday, rising for the seventh consecutive day, on active buying with interest focused on blue chips, dealers said. LG Securities analyst Yoon Sam Wui said selling pressure was reduced substantially amid a flood of new money
        AFP  -  390 words
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        Lock icon SYDNEY
        666 28 AFP PAHOrfairicg -Oi AUSTRALIAN shares closed barely lower yesterday as investors waited for leads from US markets concerned about interest rates, brokers said. The All Ordinaries Index was virtually untouched, a mere 0.9 point, or 0.03 per cent, down at 2,914.70 points. The All Resources Index rose 16.5 points
        AFP  -  666 words
      • Article
        Lock icon WELLINGTON
        286 28 AFP fl Wellington ♦2>.74 NEW Zealand share prices closed up 1.4 per cent yesterday on strong gains notched up by Air New Zealand and Telecom Corp, dealers said. The NZSE-40 Capital Index climbed 29.74 points to close the day at 2,127.96 on turnover worth NZ5146.46 million.—AFP M 1 *4-
        AFP  -  286 words
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      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6087 29 t«t Vat Day Last Quata C#» ON YW Nat Cap A™ Law Sttta Company M» ftWO) WtH Law Bwyac «—ar Cw P/t jmS Prtea multhnoustry HMHMHHHHHHHHHHHHIHHHHHHHHMi M7 17.5 m b 1000 AcmaSOc 134 cd -2 509 137 133 133 134 10 34 3.7 11
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      Lock icon SESDAQ
      1212 29 y_i on LMtowta wJ ok ym n«« c« *n L m t'l") rooo) n» u» m*rm ww cv wt US w 142 90 t 2049 AS Auto 10c 122 -2 1383 123 120 121 122 re N 7 L2 n.5 1393 125 110 45 C 2051 ASJHMO120C Mid 90.5
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    • STOCK EXCHANGE OF SINGAPORE
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        Lock icon Untitled
        319 30 Stocks VoImm M«i SunHup W02 38.717,000 ICT HKlOc 33.734.000 Osprey M USIOOc 27,681.000 SpMu Ind 10c 27,444.000 FHTK Hkhjs 20c 24,167,000 ST Capital 25c 21,118.000 Asia Food&Prop 19,872.000 CotexHidgslOc 17.906.000 'PC Corpn 5c 17,306.000 Total Automation 5c 16,376,000 Stoda SIA Foreign 34.483,042 SW 34,347,970 DBS Foreign 26,272,553 Osprey MUSIOOc 23,752.075
        319 words
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        Lock icon New speculative stocks emerge; broad market slips
        609 30  -  STOCK MARKET COMMENTARY STl's l&5-point rise not reflective of trading session, with only a few bine chips supporting index By R Sivanithy AS expected, a new set of speculative plays emerged yesterday to replace those which have already had their run, while support
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      • ON THE GRAPEVINE
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          Lock icon 500.000 Keppe; TatLee shares sold
          96 30 SOME Keppel Tat Lee Bank shareholders have been adjusting their portfolios even as Allied Irish Banks announced yesterday that it would be taking a 24.9 per cent stake in the enlarged capital of the bank. Two subsidiaries of Malaysian-listed Negri Sembilan Oil Palms which is
          96 words
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          Lock icon Silent killer
          94 30 THE next time you're tempted to rage at reporters, spare a thought for the rattled newshounds' stressful job and the impact harsh language may have on their health. According to a National Kidney Foundation newsletter on hypertension: "Many situations can aggravate a hypertensive condition and a stressful job
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          Lock icon Merrill Lynch's low-cont Net service
          147 30 THERE'S not a broker at Merrill Lynch, the largest US brokerage firm, who hasn't lost business to Internet brokers, a senior Merrill executive told The Anion Wall Street Journal this week. Perhaps that foes a long way towards explaining a report in the New York
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          Lock icon Paperbacks while you wait
          95 30 AND talking the Internet, here's one for the sceptics who did not believe the Internet and electronic-commerce would revolutionise business as we know It An Atlanta-based digital book wholesaler has developed on-demand publishing software which can print a high-quality paperback in Just 16 minutes. Now Sprout
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        Lock icon HOT STOCK
        65 30  -  By Wong Wei Kong KIM Eng shares rose lour cents to $1.18 yesterday Volume was 10.3 million shares against its 10-day traded average of 4.5 million units. The stock is at a new 52-week high but the technical indicators such as the RSI, Stochastics and MACD suggest that
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      589 20 SOMERSET LAND PTE LTD (Incorporated in the Republic of Singapore) a wholly-owned subsidiary of PIDEMCO LAND LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT UNCONDITIONAL CASH OFFER BY CITICORP INVESTMENT BANK (SINGAPORE) LIMITED, FOR AND ON BEHALF OF SOMERSET LAND PTE LTD (THE "OFFEROR"), TO ACQUIRE ALL THE ISSUED ORDINARY
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      12 20 The Straits Times Classified I 1 Where buyers Buy It Sdilt Findk.
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      1295 21 /3 ROTOL SINGAPORE LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING nnUSh!? tl E EBY 92!1 N J 9 Annual General Meeting of the shareholders of the Company will be held thpmtftar at 1 Merah Central *07-3545 Singapore *****2 at 3.30 p.m., (or as soon 09
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      275 22 THE BEST BUYS OF THE CENTURY GRAND LUCKY DRAW L«x* v .>' > i3l^»^fc.ygr'J^i f jP/ vttf"> «B v% jH^B|^2." <** J Spend $20 minimum at any Grand Draw Participant (see list below) to win the Mad «o: Lockedß^Serviceo26, KWThcuon Road Pot J ■QiZjJjJSlUSiaflfllMHUAflMlSlilSttlltiAKUflLJUH J K i -i- tii l
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      173 23 mm mi ii «i««i n |QJ [Services] IServScesl Lamda Prints Duratrans Commercial Exhibition (direct output from diskette) Enlargement tor Display Lighted Digital Injet Print (up to 600 dpi) Box (Up to 20ft) Digital Retouching of Trans. Duratrans, Duraciear, Display Trans •Computer Slides Presentation R3 Slide to Print, SSde Duplicating Lamination
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      435 23 FLEXTECH HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING RextArh M w EREB Y Extraordinar y General Meeting of the shareholders of Ap l illlT y ,m I Com P an V) wiil be held at The Boardroom, 25 Kallang Avenue, W3-01, Kallang Basin Industrial
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      732 24 □IfflOffifl ASA Ceramic Ltd. NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Sheraton Towers Function Room One Level 2, 39 Scotts Road, Singapore *****0 on Friday, 18 June 1999 at 10.00 a.m. for the following purposes: As
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      221 24 I Sigger I Market Share I I Ship Finance Insurance I Special Feature Shipping Times Thursday, 17 June 1999 I The publication of the first-ever Ship Finance Insurance special feature is very timely. Currently SB Singapore is pushing ahead to become an international maritime centre, adding value to its status
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      61 28 have outgrown /i-i The Straits Times afford some new all this stuff I f oware Classified. It's the fastest 1 V toys, thanks to J we should sell J I we going to 1 to make our garage M Classified.^^ ~J> —si Buying or selling through The Straits Times Classified
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      35 29 iUDEMARSPIGUET Lc maitre dc Vhorlogcric depuis Who is behind an Audemars Piguet watch? "5 Showroom a Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. o Raffles #01-111/112 Millenia Walk Singapore *****6. Tel: fjurll.L ■.1. vuruna vvaiuiLcntrß
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      1903 30 Are you making money off the market? Let DBS Investor Online help you pick hot stocks! Call 438-1188 today. 88DUSBANK To advertise call toll-free 1800-741 1883 Fax No: 741 1298 TECK WAH PAPER PRODUCTS LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN
      1,903 words
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      280 30 Zf WTJK MATTER Of Q THE COMPANIES ACT. CHAPTER 99 MHareasiaag NOTICE Of RESOLUTIONS At aa Extrawkaary Geaeral Meetiaf of toe abwe rnaapiaj dafy rnaumdaadfcdd al 4ISB Jatoa Beaar, Staaapoae *****6 oa the 27U1 day of May t*9 at 3.00 p.«L, the followiag Special Reeoiatioae awe duly (1) Thai the
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      268 30 t winimimui- 1 THE COMPAMES ACT, CAP SO aEcraoMc aumcs mttAPORE) PMVATE UMTTEO MEMBERS'VOLUNTARY UGUDATION At an Extraordinary General Mealing <» the Company deemed to ba held on 29t0 May 1998. too tofcmtog raaoMona war* duty paaaad acSPECIAL RESOLUTION "Thai toe Company be wound up vokrtarty' OftOMARY RESOLUTION "That Mr
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      302 31 Bridge News, Reuters TRADING was very slow to restart after the holiday weekend. Owners and charterers ofPanamaxes appear to be in a standoff in the Atlantic. TAMXBRfIi Brokers said trading was slow, hampered by holidays in the UK and US on Monday. The big ships in the Persian
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      241 31 CWT Distribution 155 -003 242 ChuanHup to -003 991 Caacslnvwtnw*—us 002 2S9 FrataMLMa OM -0.01 tl7M GSHoMnga OS1 -0-01 Q] Hal Sun Hup OM 0.04 MM MCHUMp It 3.60 Mdl 0 ■HHllllHl OM OO) 2765 Jureno SMpyard 070 035 411 Kappa* Carp ioo 0.12 IR7 KappalFtlS AM IMA
      241 words
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      Lock icon Shipbroking faces reduced role in weak market
      452 31  -  Consultancy will be main focns of business in fatnre: Fearaleys By. Felix Chan [SINGAPORE] The future role of the shipbroker has come under increasing scrutiny in the face of a weak shipping market and amid warnings that the sector faces a period of
      452 words
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      Lock icon HK considers 3rd cruise terminal
      145 31 AFX-Asia [HONGKONG] The government has unveiled plans for a possible third terminal for cruise ships as part of its South-east Kowloon Development project, the South China Morning Post reported. The newspaper cited an official report as saying the revised plans for the development, which includes
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      Lock icon A cheap deal may turn out to be costly in the long run
      690 31  -  NEWBUXLDS By David Hughes T| HE low prices in pe newbuilding market continue to attract owners to Asian yards while European shipbuilders are near to despair at the prospect of empty orderbooks. So now is certainly a
      690 words
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      Lock icon Freight trapped on Danube re-routed
      408 31 Reuters [VIENNA] Austrian shipping companies say efforts to find alternative routes for freight trapped on the Danube have been successful and have limited damage to business caused by Nato bombing in Yugoslavia. Two months after Nato bombs destroyed key bridges in northern Yugoslavia, halting shipping
      Reuters; FILE PHOTO  -  408 words
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      Lock icon Litton may sweeten takeover offer for Newport News
      212 31 Reuters [NEW YORK] Litton Industries may promise additional cost savings and pledge to safeguard spending on nucle-ar-shipbuilding research as part of a last-minute effort to rescue its foundering takeover bid for Newport News Shipbuilding, the Wall Street Journal reported. But in the
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      Lock icon Shipowners warn of disaster
      793 32 SEA PIRACY Piracy in S-E Asian seas has become more frequent and violent after naval patrols were cut following the slump IHT Following the economic slump in South-east Asia and cuts in spending on naval patrols by many countries, including Indonesia, commercial shipowners in the region
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      Lock icon SHIPPING SCHEDULES INDEX
      204 32 PACE ECUUne 6 ACL 6 ECL 4 AMI 3 6 Accord 8 foongSun 8 AppensMp 5 GUnk 4 Austral 8 Gcmartrans 6 BalajiShpg 4 "WQ"' 7 ISA 7 3 B'tang Mm 8 H«ung-A 4 CCMI 7 «runo« 7 CMA 8 K*S 3 COSCO 5 Interasia 7 CSAV
      204 words
    • Article
      Lock icon SHIPPING GUIDE
      18986 39 THEBUSINESSTIMES EXPORT ETA ETA Advartisar Vissd Voyaga TaiapKona ETA ETA Advartisar VtuK Vo vaga Talaphona S4N Dast'n Nam* Nam* NumBar Numbar SIN Dasfn Nama Nama Number Number 15/0* 25/07 NYK IWASHIRO 0»N 65-*****23 To ABIDJAN (ABJ) 2003 Cot* D'lvolr* 22/0* 06/* nvk quadrant express own 65-*****23 n/06 24/07
      18,986 words
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      191 32 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Asia, North America and Europe, you're always in touch with NYK Real-Time Shipping Information Y (global home page) www.nykline.com (for USA rates) www.na.nykline.com jsrnt l SENLIM AGENCIES PTE. LTD. 133, Naw Bridg* Road, #06-08, Chinatown
      191 words
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      787 32 Lines servces representee -l@l'l by Members of the Registry of Accredited Shipping Agents. Singapore Shipping Association Members of the Singapore Freight Forwarders Association ULY UNE MALE Ivissa VOY I ETA Tni rs t. KiAWG SPOEi MALI Empress Lily V 0299 14/06 16/06 24/06 Princess Liiy V 0799 30/06 02/07 11/07
      787 words
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      1160 33 SAX SERVICE (DIRECT) vcsa vot mm lux lowl mi 1 hou qo [ca [wailai Iwrcl AWIWOUOBI 02SI 02/06 17/06 n/% 22/06 22/06 22/06 22/06 a/06 23/06 23/0* mSWDOHW 0121 09/06 24/06 »/06 29/06 29/06 29/06 2*/06 29/06 30/06 30/06 AWTOWMIM 02St 16/06 01/07 06/07 06/07 06/07 06/07 06/07 06/07 07/07
      1,160 words
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      1855 33 HANJIN SHIPPING IfePi IfcEWrilj. -Srfß *****30 H MJ>WSHrmG W™ ire WO"* ?3»nsn; smk *****2* a potman *****71 774 orawms ********** main lot *****55 mi *****40 bmiismhmm TO NW USA CANADA USA TiMnfrT 1 7isi I"" I "TBSaTvor I w|»|ro|o.|»|w| w Hl w mlm I m Iim"" Km m B/ m
      1,855 words
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      413 33 PKdmpßitviiiwm mwJßEaapf MAl#mce rasa WT sw m wt sw hk je_ js»__ws_ KMTC PROVIDES M0«m« ?5S 36/K 01/ M KM KM M/M M/M M/M 11/ M 0IT(MtMI1 W7S "/I* 'VB* ivw ifcfl* np/«||| a n DDCAIfDIII V mtcpeiw6 wis m/m mm ww mm ivn js/o* m/m wm nCUULAn DnCAIVDULIV HTOHMISHBMB
      413 words
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      1651 34 DSR-SCNATOR LINES TO UK/CONTINENT TO MEDnCRRANEANCANADA vma vdy TT" tat wra mm hum mv hj mm wv w w m m mi HMUNramuM) WM2S (I N 11.01 II.M M N DM SN M M CMJKWNUKMTON WHM» UN H I 27 M ON MM MR MERHJR tTM WOKS MM MM 27
      1,651 words
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      802 34 Cantor: MN COUTH LIMES, MC p. ouoamq jot) 3«jt» eSSoiSSS FKsiiw P.KE.»WQ;(OMIMiI7 JKTi (H) BMBtflT MP* (W) MOO KUCHWQ <PM» <*****-3 BOMBAY MADRAS MV "XPRESS NILGIRI" V. 181 MV "SINAR TIMUR" V.014 ETA SIN: 7-6-99 ETA SIN: 7-6-99 PORT KLANC/PENANG VANCOUVER MV "SEA UNK" V.702N MV HANJIN HAMBURG" V.046E ETA
      802 words
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      497 34 LINE g W A nbiMMMWiimin 1 MUAHA 1 LABUAN vfssa vor eh) m vosa vor no En sran MUMA SPOM ion jwospb vis/m 03/0* o*/o* jnosrat vm/w *3/0* 07/0* CMAUSOT VIX/W 07/04 10/0* CAIAKAJC332 VIX/W 07/ M 11/0* JPOOSPB VUE/ff 13/0* H/M JPOOSPB Vm/W 11/0* 17/0* CAOAMM332VI4VW 17/0* 70/0* CAUUJR337
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      1455 35 VESSEL VOY KMH HKQ SIN PKG PQB PXB PMM BA BIK IRAN TEYFCXJRI PCL-SlO4 26/05 28/05 01/06 02/06 11/06 12/06 13/06 15/06 17/06 IRAN BAAKERI PCL-5105 02/06 04/06 08/06 09/06 18/06 19/06 20/06 22/06 24/06 IRAN SHAHRYAR PCL-5106 09/06 11/06 15/06 16/06 25/06 26/06 27/06 29/06 01/07 IRAN BAABAEI PCL-5107
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      1660 35 Mrtd Colls to Mm (I Nyi), Mfy (7 Nyi) Tokyo (8 Nys) I S'ISSfLS .r* 6SHEMTO WAY Til: 226 1900 FAX: *****08 OUTWARD (l/L) 4205*02 JOHORE OFFICE; a SIS,., J22 57/ M < D/ ******5 COSTAR AGENCIES (M) SDN BHD CONVENTIONAL^_j__42OS!SO/5S T/SHPMT DIPT *****25 TIL 02-07-35 ***** FAX? 02-07-35M170 J*
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      538 35 pk CHINA SHIPPING (GROUP) COMPANY CHINA SHIPPING CONTAINER LINES CO., LTD. FAR EAST EUROPE FXJLL CONTAINER EXPRESS SERVICE] WESTBOUND (FIXED WEEKLY SERVICES) V»t I VOT I TJN I«N SHA I WCO IS'PORfI WM HAM FXT MABEGALUCUM 9901 23 Moy 25 Mcry 28 May 31 Moy 03 Jun 24 Jun 25
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      30 35 Shipping Times -BusenessCentre 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
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      1357 36 EUROPtAJK/SCAWDtMAVIA/TIMUUID/RUSSIA SGP ROM ANW KBG THP 2EE LHV LHV THP RDM ANW HBG PKL S6P E. DIVINE RW-006 IVO6 03/07 0847 04/07 06/07 17/07 0847 E. ROYAL RE-042 11-05 15/05 14/05 IMB 1046 06/QC 17/ M E. DEUGHT RN-000 1040 80/07 14/07 1147 12,117 13/07 14/07 E RACER RE-027 1146
      1,357 words
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      1576 36 ADVANCE CONTAINER LINES (PTE) LTD Zil -I TEL: *****21, FAX *****19. TELEX :RS ***** ACLPL r W FOB BOOKINGS PllASf CALL *****22 SALES A MARKETING *****21-2S OPERATIONS: *****60" *****06 Cfl NO **********06 ■AHfIKOK JAKAKTA f7tiMn»/WiM) VESSa VOV SN IKK VESSa VOY aw JKT YANTRA BHUM IBtfl 293N 3/6 Thu 6/6
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      408 37 BSA n MM MYANMA wBBk FIVE STAR UNE (My«Mor National Um) Loading for Yoogoo (Raogoon) VESSH VOT SIM PXL KM PM •AGO VIO9W SID MAWUMTME I4W 09/04 MAIATSIA AGENTS: MUSTIAD SHIPPING AGENCIES RUL TU (03)*****00 PtL TH (03)*****01 PHI: TB. (04)*****02 PGU: TH (07) *****21/4 BANK LINE tfvk» of ta*»w
      408 words
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      1362 37 HMNEHYUNDAI MERCHANT MARINE CO., LTD. IVESSH WW I k'j SOU 181 RIM I ANT I NAM I MTV IW I [VESSE VQy| SOU UN jfi tm HAM MV IE |**5T DANUM 545W 03/06 21/04 26/04 23/04 24/04 HTADMMU 31* 10/05 "is/05 12/05 U/OS 03/ M TTNE 526W 04/04 25/04 24/04
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      1023 37 spsciokad ou*xamen Gto)§(3Q Wilhelmsen Lines VfcK-^A,^ TO NORTH AND LATIN AMERICA 'R0«0 HEAVYUFT SERVICE" lYßsn IVOYIW man IWIm I ai |w| uv |ui| on ht |m| m, nuwi IOIJ «0I- I ».M 10/0* M/ 07 IS/07 11/07 10/07 11/07 Jl/U K/tl !0/0> *7W~ ajKW j? J 4001 a. la »/00
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      810 38 BANGKOK/HAPTA WHIT/LAMMCHJUMNOj JAKARTA/PAN JANQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN KOTA HARTA HTAO33 In Pt OC/06~ GURU BHUM 131 SB 04/06 OC/06~ VAMTRABHUM 293N In Pt 06/06 05/06 AKA BHUM 34«S 05/06 08/ OB MATMU BHUM 417N OS/06 09/06 06/06 ANRO JAYAKARTA' 090 OS/06 06/06
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      437 38 INDONESIA NATIONAL LINE TO AUSTRALIA H FULL OONTMNER SERVICE va |wt| S S3 w|—|sTp|»|it|w|wi m.Nan i* p/mm/m afll n/m m/m pm mamtu m H/MII/M am n/u »/M 81/ V M/P wsuui 17/ M w/m p/m n/y ts/v m/v n/p wan Ins h</M a/Ml |u/w|FEEPER SERVICE TO INDONESIA va vot sro«
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      738 38 vt SSI I S WY ""aw" 1 PKL JED ML* LEH RTM HAM ZEE SOT VH£DX)WOM YWW 07/06 OMt 17/06 22M 38/ Ob 29/06 01/07 (XVD7 04/07 VXEOCMMIOSA V32W 14/Q6 15/06 34/06 28/06 06*07 08W7 07/07 OMP7 1007 V-LED6TAWYA T32W 22/06 23/06 01/07 06/07 12/07 13/07 14/07 1007 17/07 V*-LED6
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      45 39 INTRODUCING OUR NEW FAR EAST USA TRANSPACIFIC EUROPE SERVICE Turn To Pg 6 FULL CONTAINER (every mon/wed/frd EXPRESS SERVICE MSC Ltd Turn To Pg 5 For Service From PASIR GUDANG/ SINGAPORE MIDDLE EAST/VIETNAM China Shipping (S) Agencies Pte Ltd j H CONTAINER UNE Pg 4
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      46 41 STEafl Dial 740-6000 on demand —(Retrieve more schedules!) Press "I" Select the port and key in STEfcJ the four digit code -—eg: To New York (NYC) 2275 Key in your fax number |j your phone number v Another innovative service offered by document Will be SffIPPINGTIMES
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  • SHIPS IN PORT
    • Article
      Lock icon CONVENTIONAL WHARVES
      646 43 Vtssd Voy N» Bfth Arrival Dgrtiw JM|M Asean Junto 903* J/7/8 alongsid* 03.06/0700 Batulictn 39 JM alongside 03.06/0300 BT hi Ttlor2 *****9 J1 alongside 0X06/0600 Inane 467 J8 alongside 03.06/0800 IMs 001 JI2 alongside 03.06/0700 Oceanisiand E295 J17/18 atongs** 03.06/1200 PU 2508 1505 JH alongside 03.06/1200 Unison Ever
      646 words
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      Lock icon CONTAINER SCHEDULES
      1703 43 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO BoofclfiQ/Balanct Rstls Ship Voy Mo Ett/Btr Nrtoi Frow To Fron hi MM OM 04/0700 U 02/1900 02/899 02/800 02/1400 02mm 02**X U 02/TTOC 01/0*99 OVOIOC a 0i-'0C 03/065? 03/090C 1 01/0700 0VTT59 oywoc 4 03/1200 01/M99 01/1700 ««J(vMta M0 OS/MOO
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      Lock icon GLOBAL HOLIDAYS
      174 43 Mmjß France: Victoria Day. May 13 Indonesia: Ascension Day. Germany: Ascension Day. France: Ascension Day. Austria: Ascension Day. Belgium: Ascension Day. Denmark: Ascension Day. Finland: Ascension Day. IUyM Germany: Whit Monday. France: Whit Monday. Austria- Whit Monday. Belgium: Whit Monday. Canada: Victoria Day. Denmark: Whit Monday. 20 Indonesia:
      174 words
    • Article
      Lock icon COCKETT BUNKER MARKET REPORT
      815 43 THIS report, complied by Cockett Marine Oil Ltd. shows price ranges in US dollars Instead of single prices for a more comprehensive description of the market Prices shown are baaed on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the Individual
      815 words
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      Lock icon VERITAS BUNKER QUALITY REPORT
      396 43 Cartas NO Mm 990J 0.7 W.7 0.01 75 0.04 Mm 27 Dawttv W«t#r ImMm As* AImMot ittmmH No atOM £25 0 0 7 0 0 SLtl 222 MO AM MM 0J 114 0.06 0.02 3» Mm t.0 1M 0.09 90 M/in »h M/M M/M WM Ho
      396 words
  • Page 43 Miscellaneous
    • Miscellaneous
      Lock icon Page 43 Miscellaneous Column 1
      132 43 LEGEND: R Thunderstorm Temperature c A V Shower Weother Wind dtfection with speed in knot* Ron Cloudy Sky Wov h#, 9 hf Surfoce win* or* indkoted by orrowi which My with the wind VHV c,rct r*pr***nts colm or fight ond voriobte winds 1 r One hoK fleche represents 5 knot*
      132 words
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  • AIR & LAND TRANSPORT NEWS
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      Lock icon Seven international consortiums bid for Panmanian airport
      239 44 AFP [PANAMA CITY] Seven international airport consortiums will square off in a bidding war to run Panama City's Tocumen international airport after 22 years of government control, officials said. The government this week began reviewing bids sent in by the consortiums, which control
      AFP  -  239 words
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      Lock icon Aeroflot coping with economic crisis
      285 44 Reuters [MOSCOW] Russian flagship carrier Aeroflot was slowly recovering after being hit by the country's economic crisis and the war in the Balkans, the company's director-gen-eral said. "Now the situation has corrected itself a bit In dollar terms our indebtedness has already begun to drop.
      Reuters  -  285 words
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      Lock icon BAA profits up 7.5% to £516m
      311 44 Reuters [LONDON] British airports operator BAA pic announced a 7.5 per cent rise in pre-tax profits, boosted by strong traffic growth and property disposals. Taxable profits for the 12 months to March 31 rose to £516 million (Ssl.4 billion) from £480 million in 1997/96
      Reuters; AFP  -  311 words
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      Lock icon Taipei hopeful about bullet train project
      354 44 USsl3b private sector project faces funding problems Reuters [TAIPEI] Taiwan's government held out hope that a US$l3 billion (5122.3 billion) bullet train project could be built, but declined to say when the troubled privatesector project might Anally get rolling. "Everybody has confidence in the
      Reuters  -  354 words
    • Article, Illustration
      Lock icon Cathay turns to foreign rivals as pilots threaten strike
      554 44 CATHAY PILOTS' PAT ROW Growing anger from public and tourism industry at disruption AFP [HONGKONG] Cathay Pacific hired more aircraft and crew from rival airlines as its pilots, who have forced the cancellations of scores of flights by reporting sick, threatened
      AFP  -  554 words
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      Lock icon Row may cost more than savings from pay cuts
      299 44 AFP [HONGKONG] Cathay Pacific has prepared itself for a protracted battle with its pilots but the dispute could cost the airline more than it saves from cutting the pay of aircrew, analysts said. "To be able to get a plane from
      AFP  -  299 words
    • Article
      Lock icon American Airlines to raise flight attendants' salaries
      274 44 Reuters [NEW YORK] More than 20,000 flight attendants at American Airlines stand to get raises totalling 15.9 per cent under a six-year contract, the Association of Professional Flight Attendants said, releasing details of its recent deal with the country's No 2 airline. Besides
      Reuters  -  274 words
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      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      1574 44 CITY FU6H1 ETA FUCHT ETB S***** 0125 M7305 22SO MM* 8A7381 MO 8A7382 2055 1*374 1450 0f5 2250 OFSI 1930 Of 82 2055 S0325 M50 IH6373 2355 AN8229 2230 LM778 1605 $026 2355 LH6380 2230 "***** 1*05 LM779 2359 $0229 2230 S***** 1605 ****** 2359 AmtUrtm
      1,574 words
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