The Business Times, 17 June 1999

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Microfilm: NL21505
Total Pages: 42
1 42 The Business Times
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  • Title Section
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    13 1 THE BUSINESS TIMES MITA _[_j 85c SINGAPORE Internet: http://business-times.asial.com.sg/ THURSDAY, eJUNE 17, 1999
    13 words
  • Article
    Lock icon MARKET SUMMARY
    57 1 QaiHaLM(-3.03) niNtf M THIS (-0.01) nanirvnnß mm 282j00 (-0.20) J^UBXEmOOD: —if imin mimm Wednesday Chance KLSKCOMP 7>1J1 +1LW NIKKEI 17.llt.18 -7L82 HANO SENO 13,156.12 +118.71 SET INDEX MM +L22 JAKARTA COUP _jf«L8i -Ml MANILA COUP *86 TAIPEI WPI 8,060.01 +00.02 sboul coup am +2Mi CLSA CHINA B *****
    57 words
  • Article
    Lock icon FINANCE
    75 1 FOUX BATES US$ 1.719 £(L<SS/SSper£) LH» 1717 EUR0(USS/SS per E) LM 1.777 DM 1.882 1906 YEN 1SU 1.422* KM UN 0.460 HKS 7.718 0520 BAHT MJf MM B5PIAH 7JW M»' St to ICO una ROD! RITES SINGAPORE* 6.83 KUALA LUMPUR 716 JAKARTA *M BANGKOK IMC MANILA HJt BONO KONG
    75 words
  • Article
    Lock icon Thumping Sesdaq gains put blue chips in the shade
    583 1  -  Speculative themes revolve around e-commerce, rescue by new shareholders By: R Sivanithy [SINGAPORE] The small-cap fever which has gripped the local stock market in the past month has benefited Sesdaq the most, with stocks on this second board running up gains
    583 words
  • Article, Illustration
    Lock icon IPC tells SES why it can continue as going concern
    518 1  -  By] David Boey [SINGAPORE] The stock exchange yesterday asked computer company IPC Holdings to reply "immediately" to justify why it was of "the view that the company is able to continue as a going concern". The company replied just hours
    Source: Bloomberg  -  518 words
  • Article
    Lock icon Kuok group revamps hotel assets
    764 1  -  Thai, S'pore, M'sian assets to be placed under HE-listed arm Fronn Quak Hiang Whai in Hongkong ROBERT Kuok is continuing to rationalise his massive business empire, with his diversified Kuok group yesterday unveiling yet another asset shuffling which will result in his Hongkong listed hotel
    764 words
  • Article
    Lock icon Cycle & Carriage poised to make its move on listed firm
    376 1  - Cycle Carriage poised to make its move on listed firm Company seeking to build third core business By i Christopher Tan [SINGAPORE] Motor and property group Cycle Carriage Ltd is seeking to build a third core business, and is on the verge of making an offer for a stake in
    376 words
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      172 1 PI SIDE OLCk and rtMt docks "There had been arguments that sometimes we find GLCs doing roast ducks and things like that, and it has become controversial. The answer is: GLCs don't have to do roast-duck type of business", said BG Lee Hsien Loong at a forum in Hongkong, Fg
      172 words
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      8 1 US consumer prices unchanged in May, Pg 9
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      213 1 Form Hldgs up despite doubts over health, Pg 15 It took him 11 years ly to repay $20,000. J Today, KK Fong can fc b,ow amourrt 00 £ast one dinner. how a consummate salesman realised toon for j INDON ELECTION RESULTS DEAD HEAT Full report, pg 5 Elcctric sunroof Leather
      213 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon Financial sector passes milestone Y2K test
      240 2 SINGAPORE has successfully completed its part of the Global Payment Systems Test (GPST), a worldwide test to demonstrate the safe transfer of funds across the world for the Year 2000. Initiated by the New York Clearing House on June 13, the GPST is a
      240 words
    • Article, Illustration
      Lock icon GLCs can be used to develop hi-tech outfits: BG Lee
      529 2  -  No entities or individuals ready to take over and look after their strategic development From Quak Hiang Whai in Hongkong SINGAPORE cannot simply turn over government-linked companies (GLCs) to the private sector because there are currently no entities or individuals
      AFP  -  529 words
    • Article, Illustration
      Lock icon Growth: upside surprise in store
      296 2 eye on the economy Outlook X IF not for a continued drawdown of inventory. Singapore's economic growth in the first quarter would have come in at 2.9 per cent year-on-year, instead of 1.2 per cent, according to one broking firm's estimates. And assuming that the
      Source: DOS  -  296 words
    • Article
      Lock icon Home buyers capitalise on upswing
      533 2  -  Some who bought before upturn are selling to upgrade or to reap gains By Marissa Chew SOME home buyers who caught the private residential property market before its upswing are selling their new homes for a handsome profit to upgrade to bigger units or to
      533 words
    • Article, Illustration
      Lock icon PM Goh: S'pore, Korea looking into twinning economies
      469 3 No by-election as S'poreans should concentrate on recovery efforts The Straits Times [SEOUL] Prime Minister Goh Chok Tong announced yesterday that Singapore and South Korea were looking into twinning their economies to complement and strengthen each other and to make joint investment
      The Straits Times; AFP  -  469 words
    • Article, Illustration
      Lock icon Wyeth-Ayerst to invest US$300m in two plants here
      381 3  -  US firm producing medications, infant food for Asia By] Eugene Low US-BASED Wyeth-Ayerst Pharmaceuticals, a whollyowned subsidiary of American Home Products Corporation, is investing US$3OO million (*****.7 million) in pharmaceuticals and nutritionals facilities here. The two manufacturing plants belonging to Wyeth Pharmaceuticals
      SIEW YAW HOONG  -  381 words
    • Article
      Lock icon KepLand-developed Prudential Tower 85% taken up
      374 3  -  By] Rahita Elias ABOUT 85 per cent of Prudential Tower, developed by listed Keppel Land at a cost of $460 million, has been taken up. Keppel Land chairman and managing director Lim Chee Onn said yesterday: "I am happy to say that Prudential Tower
      374 words
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      231 2 f I P' easc circle the correct answer I Spend $20 minimum at any Grand Draw Participant's outlet (see list below) to win I Cycle Carriage is the sponsor of the Mitsubishi Towny, Toppo BJ and I ij I Pajero Mini for the Grand Draw T/F the Mitsubishi cars. All
      231 words
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      259 3 m m #5,***** ILes fr§i ®fc r m M JU McrnßAN<&\ Miles A KrisFlyer aJf HlOk IHH 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 Upon approval, gold
      259 words
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  • ASIA ON THE MEND
    • Article
      Lock icon IMF: No policy stand-off with PDI-P
      551 4 Fund says Kwik's fixed rupi&h plan will be discussed 'at proper time' Bridge News [SINGAPORE] There is no policy clash between the IMF and the Indonesian Democratic Party of Struggle (PDI-P) over the party's chief economist Kwik Kian Gie's proposal for a fixed rupiah
      Bridge News  -  551 words
    • Article
      Lock icon No review of Indon rating: Moody's
      169 4 Bridge News [SINGAPORE] Indonesia's sovereign currency rating is not under review and would not necessarily be changed even if the country adopts a fixed exchange regime, Steven Hess, Moody's Investors' Service senior analyst for Indonesia, wrote in response to Bridge News' queries. In a
      Bridge News  -  169 words
    • Article, Illustration
      Lock icon Picking up the crumbs
      44 4 [JAKARTA] An Indonesian street worker sweeps up leftover soybeans in Jakarta's main port ofTanjung Priok for resale yesterday. Millions of Indonesians have been thrown into a life of abject poverty by the country's worst economic crisis in 30 years. REUTERS
      REUTERS  -  44 words
    • Article
      Lock icon Ginandjar calls for more 'gradual' rupiah strengthening
      280 4 Bloomberg [JAKARTA] Indonesia's top economics minister, Ginandjar Kartasasmita, called for a more "gradual" strengthening of the rupiah, saying he favoured a rupiah exchange rate of between 7,000 and 7,100 to the US dollar. The rupiah has strengthened because of "the smooth passage of
      Bloomberg  -  280 words
    • Article, Illustration
      Lock icon Unearthing the right stuff in regional entrepreneurs
      595 4  -  They bounce back with their core values intact: book By 1 Tye Kim Khlat [SINGAPORE] The business and fighting spirit of Southeast Asia's entrepreneurs is unbowed, because the core values that animate them have not been diminished by the economic crisis, says the
      595 words
    • Article
      Lock icon NEAC report shows net cash inflow in June
      323 4  -  More money coming in than leaving despite exit levy cat From Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S National Economic Action Council's (NEAC) latest update on net cash flows for the country shows that more money has been coming in rather than
      323 words
    • Article
      Lock icon BOJ still fears deflation, keenly eyeing tankan
      568 4 Reuters [TOKYO] The Bank of Japan (BOJ) maintained its cautious view of the nation's fragile economy yesterday, saying it would need to see a business survey due next month to judge whether fears of deflation had abated. "The economy has stopped deteriorating, but
      Reuters  -  568 words
    • Article
      Lock icon NPLs at Manila banks seen peaking in mid-99
      130 4 AFP [MANILA] Non-performing loans of Philippine banks are projected to peak in mid-1999, US investment bank Morgan Stanley Dean Witter said in a report yesterday. "Expect mid-1999 NPL peak on the back of a cyclical economic recovery," it said. "NPL growth in
      AFP  -  130 words
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      182 4 gjf i (jeorge s -fjftffl- *m ""ft v* E Keciitive; Set L l inch Soi</> o/ ihf l)iiv, hoit <• <>/ 7 \liiin (cm sr\. (<»//«■«" in liui 1 mill S IS.'tO SJJ.'MI (PROMO ENDS 31 JULY 99) Where can you £o lor The mosl lender and succulent steak Prepared
      182 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Indonesian election results point to dead heat
      1278 5  -  BT projections show PDI-P coalition will get 206 seats while Golkar and allies will end np with 193 From Shoeb Kagda in Jakarta MEGAWATI Sukarnoputri's Indonesian Democratic Par-ty-Struggle (PDI-P) and the ruling Golkar will be locked in a dead heat in terms of
      1,278 words
    • Article
      Lock icon Indonesian military fires up Megawati's hopes
      422 5 ■JAKARTA It'll back woman president if she has popular support Reuters INDONESIA'S powerful military yesterday boosted presidential front-runner Megawati Sukarnoputri's prospects with a declaration it would back a woman president if she had strong popular support. Armed forces spokesman Brigadier-General Sudrajat said the military
      Reuters  -  422 words
    • Article, Illustration
      Lock icon M'sian GE announcement could come next week
      554 5  -  Observers see signal in meeting to be held by National Front supreme council From Ruth Wong in Kuala Lumpur AN announcement of a Malaysian general election could come next week, sources say, pointing to a scheduled meeting of the ruling National Front coalition's
      554 words
    • Article
      Lock icon First Thai bankruptcy court opens tomorrow
      597 5  -  Govt praised for moving quickly to set up court From Harish Mehta in Bangkok THE long-awaited opening of Thailand's first bankruptcy court tomorrow to handle about 3,000 cases a year is winning praise from analysts and investors. They hope it will restore investor confidence
      597 words
    • Article
      Lock icon Indon govt plans to name caretaker attorney-general
      85 5 JAKARTA AFP THE Indonesian government yesterday said it will appoint a caretaker attorney-general as criticism mounted over the handling of the suspension of Andi Ghalib following charges he accepted bribes. Retired government officials, prominent lawyers and students have questioned the legality of President
      AFP  -  85 words
    • Article
      Lock icon Cabinet revamp won't hinder Thailand's recovery: spokesman
      261 5 BANGKOK Reuters THE Thai government's efforts to expedite the country's economic recovery will not be undermined by a limited cabinet reshuffle expected later this month, its spokesman said yesterday. This is because key ministers currently in the finance, commerce, interior and communications portfolios
      Reuters  -  261 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon HKMA: banks' exposure to China at comfortable level
      372 6 HONGKONG Monetary chief also urges banks in Asia to merge to remain competitive AFP, AFX-Asia HONGKONG banks' exposure to Chinese enterprises is at a "comfortable" level, the chief of the de facto central bank said yesterday, despite recent concerns over lending to
      AFP,; AFX-Asia  -  372 words
    • Article, Illustration
      Lock icon Girls just wanna have fun, too
      60 6 [TAIPEI] Taiwan lawmakers fighting in the Legislative Yuan (Parliament) on Tuesday in the worst outbreak of violence in the chamber since the early 1990s heyday of parliamentary pugilism. Tempers exploded after opposition parties mounted a filibuster to block legislation supported by the ruling Nationalist
      REUTERS  -  60 words
    • Article
      Lock icon China lays out plans for big gas pipeline network
      393 6 SINGAPORE To be completed by 2010, it'll carry 19b cu m of gas a year Reuters CHINA has detailed larger plans to build a cross-country natural gas pipeline network by 2010, Chinese industry sources said yesterday. The plan extends beyond the
      Reuters  -  393 words
    • Article
      Lock icon US envoy in China to explain Belgrade embassy bombing
      390 6 BEIJING Reuters UNITED States Undersecretary of State Thomas Pickering offered Chinese ministers an explanation yesterday of the North Atlantic Treaty Organisation's (Nato) bombing of a Chinese embassy in an attempt to pull Sino-US relations out of a nosedive. Mr Pickering, one
      Reuters  -  390 words
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      176 6 7 1 1k r »1 ii 1 k W,J *$*■>■■■ a j&- i *2 -'aj 3- J, *|'X: I"' t»' fcfe Bk. Jifl r »*■••-o«*-» gfe r 2 ?SR§Mlf? w i $tf iu?f Sill If y ,,u rp hankering for print (|iiality that's nothing Our Ac010r956, for example, serves up
      176 words
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      76 7 H JStyfaSflaK Bfl a HTOI Land Building the future with you OFFICES For lease enquiries, please call sole marketing agent Tel: 336 3688 Keppel Land International 230 Victoria Street #06-08 Bugis Junction Towers Singapore *****4 Tenure o< Und: 99 years from 15 January 1996 Expected TOP date t August 1999/
      76 words
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  • ASIA
    • Article
      Lock icon More failures in Japan's 'third sector'
      541 8 TOKYO Semi-public joint ventures worsening financial crisis for local governments Reuters HUNDREDS of Japan's public works projects jointly financed by the public and private sectors are on the verge of bankruptcy and forcing local governments into a deeper financial crisis, credit research firm Tokyo
      Reuters  -  541 words
    • ASIA Notes
      • Article
        Lock icon 40,000 Koreans on strike
        79 8 AFP (SEOUL) More than 40,000 South Korean workers went on strike yesterday angered by claims the government induced workers at a state-run firm to take industrial action. The country's two umbrella union groups, the Federation of Korean Trade Union (FKTU) and the Korean Confederation of Trade
        AFP  -  79 words
      • Article, Illustration
        Lock icon Ex-star Jayalalitha acquitted
        68 8 AFP [NEW DELHI] A former film actress who helped to topple the Indian government earlier this year was acquitted yesterday in a major bribery scandal, the Press Trust of India reported. A special court in the southern Indian state of Tamil Nadu ruled that Jayalalitha Jayaram was
        AFP  -  68 words
      • Article
        Lock icon Aussie growth seen at 4.8%
        58 8 Reuters [SYDNEY] The Melbourne Institute said yesterday it expects Australian economic growth to top 4 per cent a year through to December 2000. In the Mercer-Melbourne Institute quarterly bulletin of economic trends, senior economist Peter Summers said his forecast of 4.8 per cent growth for
        Reuters  -  58 words
      • Article
        Lock icon Korea Life auction to be relaunched
        64 8 AFP [SEOUL] South Korea's government has effectively scrapped a second attempt to sell a troubled insurer because it could not find suitable candidates, officials said yesterday. The Financial Supervisory Commission said it would relaunch the auction of Korea Life Insurance Co with new tenders
        AFP  -  64 words
    • Article
      Lock icon S Korean stocks rise 3% as tension with North eases
      292 8 mSEOUL Northern fishing boats briefly seen near boundary but naval boats keep off Reuter, AFP SOUTH Korea stocks closed more than 3 per cent higher yesterday, ending a three-day losing streak, as retail buying piled up on easing tensions between
      Reuter,; AFP  -  292 words
    • Article
      Lock icon US seeks renewal of phone pact with Japan
      270 8 WASHINGTON Voluntary code on procurement by NTT not enough, it says Reuters US trade officials said on Tuesday they were disappointed with a voluntary plan by Japan's dominant telephone company to assure foreign carriers they will get a crack at its purchasing
      Reuters  -  270 words
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      386 8 Spend less time running around and more time running your business Milieu, i I»i y Save time, space and money with the HP LaserJet are so compact, you also save valuable desktop space. 1100 A and HP LaserJet 3100. These multi-tasking models Most of all, because you don't need to
      386 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Period of weak global growth over, says Schroeder
      464 9 BONN Reuters GERMAN Chancellor Gerhard Schroeder gave an upbeat assessment of the world economy yesterday in presenting to Parliament his plans for this weekend's Group of Seven summit in Cologne. But, he said, the world's big economic powers would still have to
      Reuters  -  464 words
    • Article
      Lock icon IMF chief upbeat about resuming funding to Russia
      414 9 ST PETERSBURG, Russia Camdessus also lands country's economic progress Bloomberg INTERNATIONAL Monetary Fund managing director Michel Camdessus praised Russia's economic progress this year and said he's optimistic the fund will resume lending to the country. A new IMF loan could come next
      Bloomberg  -  414 words
    • Article
      Lock icon US consumer prices stay tame in May
      521 9 WASHINGTON Smaller than expected CPI means Fed rate increase may not be imminent Bloomberg UNITED States consumer prices were unchanged in May after surging in April, casting doubt on whether the Federal Reserve will raise interest rates to guard against inflation soon. May's
      Bloomberg  -  521 words
    • Article, Illustration
      Lock icon Mbeki appeals for end to crime, racism and graft
      556 10 PRETORIA Mandela's successor sworn in as S Africa's second black president Reuters NELSON Mandela stepped smiling into retirement yesterday as Thabo Mbeki, his deputy through the first five years of democracy, was sworn in as South Africa's second black president. South
      Reuters; AFP  -  556 words
    • Article
      Lock icon Coke to recall drinks from European markets
      442 10 BRUSSELS Antwerp plant used poor carbon dioxide; cans from Dunkirk plant had fnngicide Reuters US soft drinks group CocaCola Co said on Tuesday it was pulling millions of canned and bottled drinks from selected European markets after it used the wrong fizz in
      Reuters  -  442 words
    • Article
      Lock icon European food ban widens in Asia; EC goes after Belgium
      261 10 SINGAPORE Reuters SUPERMARKET shelves around Asia were largely bare of many European foods yesterday as the European Commission prepared to launch legal proceedings against Belgium over the dioxin health scare. Indonesia and Myanmar this week joined their neighbours in the
      Reuters  -  261 words
    • Article, Illustration
      Lock icon Supachai raps chairman involved in selection
      437 10 WTO T.T!ani!RgTyn> RAffFS Reuters [BANGKOK] Thailand's candidate for the top job in the WTO blasted his opponent and the diplomat running the selection process yesterday in the latest angry twist to a bitter leadership saga. Thai Deputy Prime Minister Supachai Panitchpakdi attacked the conduct
      Reuters  -  437 words
    • Article
      Lock icon Valley waiting for the bubble to burst
      667 10 PALO ALTO, California What has made the current boom so nnnsnal is that it has gone on for so long NYT IN Silicon Valley, these are the days of miracles and wonder. In the midst of the longest sustained boom in the nation's
      NYT  -  667 words
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      45 9 Get the latest in 3? InTTr^mTVTvn^ 1 V V W —1 VV> 1 I H __1 I v ■i 1 w I fl| v-i J ill »■lk r -1 kLn iMLuW):I«I!LH 11 A Shipping Times Special Feature v on 17 June 1999 M S&.V; ■v■•
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      162 9 THE FIRST OF A NEW GENERATION ALL NEW, YET VINTAGE. JK v gbf new jaguar Solid proof that power, agility and style can only be inherited. Watch out for the satisfying low throb of the powerful jaguar engine. The comfortable, quiet interior. Expect unrivalled smoothness in every ride. Agile handling,
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      9 9 Fed reaches end of its lucky streak, Pg 11
      9 words
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      76 10 New centre opens to support I Singapore students I July 1999 will be the 16th successful Intake In Singapore of this Internationally I > recognised Manchester Business School University of Wales, Bangor joint MBA. j I To celebrate the international success of their prestigious programme, the Universities I f are
      76 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Internet and cable TV redefine news
      816 11  -  the BOTTOM UME OPINION By Robert Samuelson Washington Post Writers Group A DECADE ago, the social theorist Francis Fukuyama wrote a provocative essay entitled The End of History ?In it, he argued that market economics and democratic politics were slowly sweeping the world and
      Washington Post Writers Group  -  816 words
    • Article
      Lock icon IN OTHER WORDS
      97 11 'I call it transition without transformation. We've crossed the bridge, but we're still on the same bus, with the same drivers.' Wiseman Chirwa a history professor at the University of Malawi, five years after Africa's Dr Hastings Banda was swept away in the continent's rush to multi-party
      97 words
    • Article
      Lock icon Clob is a joint issue
      806 11 EDITORIAL ANEW refrain is now being heard from Malaysian politicians as well as their stock exchange authorities and commentators: that the billions of ringgit worth of frozen Clob shares is a totally Singaporean problem and the responsibility to resolve it rests solely with Singapore. Their
      806 words
    • Article, Illustration
      Lock icon Federal Reserve reaches end of its lucky streak
      977 11  -  US gains from fall in oil, resources prices and the Asian crisis are running out By* Caroline Baum Bloomberg MENTION "Federal Reserve" to the average man on the street in the United States, and he probably thinks of an inner sanctum where
      Bloomberg; FILE PHOTO  -  977 words
    • Article
      Lock icon 'Malaysia-bashing' figures just don't hold water
      805 11 MAILBOX YOUR editorial "Looking beyond Malaysia for water" (BT, June 11) is yet another example of Malaysia-bashing that seems to be the vogue among the Singapore media these days. The figures mentioned in your editorial do not reveal the true picture. Yes, Singapore buys
      805 words
    • Article
      Lock icon S'pore must seek alternative supplies
      228 11  -  Tan Kok Tim via Internet Singapore I REFER to the editorial "Looking beyond Malaysia for water" (BT, June 11. The telling facts and figures have been revealed in It It is my hope Singapore can advertise the facts in Malaysian newspapers and also post them
      228 words
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  • NBA' 99
    • Article, Illustration
      Lock icon Knicks return to the big time
      898 12 They are the surprise team, the first eighth-seeded club to reach the finals LAT-WP [SAN ANTONIO] THE last time the New York Knicks played in the NBA Finals, five years ago, they turned many people off with their thuggish play under then-coach Pat Riley.
      LAT-WP  -  898 words
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      2249 12 tor IDT HOLDINGS (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore with limited liability) IDT HOLDINGS (SINGAPORE) LIMITED is an holding company whose subsidiaries are engaged in the integrated design, engineering, manufacture and marketing of consumer electronic products which principally feature LCD and microprocessor applications. Group Financial Highlights 1999 1998
      2,249 words
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      15 12 Your weekly guide to pubs and lounges every Friday in The New Paper Fastads fastads
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      266 12 THE COMPANIES ACT, CAP. 5$ INTERNATIONAL PROPERTY SHOWCASE <S) PTE LTD (in Mmkm' Vofeatary Wlndlng-l p> Al an Extra-Ordinary General Meeting of Die Company held al Level 16, Menara John Hancock, No. 6, Jalan Gelenggsng, Damansara Heights. ***** Kuala Lwmpur, Malaysia on 12th June, 1999, the following special resolutions were
      266 words
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      8 12 m TODAY©fe^te I Lianhe laobao prir I*B iiajg
      8 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Royal-haters target wedding
      413 13 PEOPLE Anti-monarchists plan rallies before Prince Edward weds Sophie Rhys-Jones Reuters [LONDON] If history is anything to go by. most Britons will be awash with sentimentality as they watch Saturday's "fairytale" royal wedding. Others have an axe to grind. Just as the world watched when Prince Charles
      Reuters; FILE PHOTO  -  413 words
  • Page 13 Advertisements
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      181 13 Where to wine, dine and entertain...""" Wm" 1 Cafe Plaza (20 June) Japanese Food Dessert Buffet Promotion 325 (Adult), 50% discount (Child) Receive a complimentary bottle of white or red house wine if 4 more adult family members join the celebration OR when you bring your Mother's Day Cafe Plaza
      181 words
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      65 13 CELEBRATE THE LAST CENTURY I hippy Hours S.tMfpm lit V. (H)ptn I >ralt fxir |ht S(>.Sl)t.« I btT r(h i iiij; SJ i (N)t t M fur /it bits P depend on predictions. Advertise in Wine, Dine Entertain of The Business Times and reach out to 140,000 readers daily. Contact
      65 words
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      66 13 AM CITY THAI SHARKSfIN RESTAURANT Braised Superior Shark's Fin w/Crabmeat Braised Superior Shark's Fin w/Crabmeat (1 Cbypot per penon) Braised Whole Aba lone w/Supreme Mushroom Kai-Lan Samba! Pomfret Prepared in Thai Style Crispy Fried Golden Beancurd Baked King Prawn w/Vernmcelli m Claypot Thai Style Pineapple Rice Dessert A Choice of
      66 words
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      152 13 Mi&y §pueial kinch M J 1 njstt por itjzm with fw^aioiceo( one or-sofl drink Teochew fried Kway Teow Mushroom and Chicken Noodle (§oup/Dry) jl fried See Tai 33ak 11 ipoh tlor fan I fried Macaroni I "price includes service Charge and f I relevant 6ovemment Tax jMf I For Nervation#,
      152 words
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      117 13 AWARD- fl MFEIML COURT DINING At Pine Court Chinese Restaurant LUNCH 12 noon 2.30pm DINNER 6.30pm 10.30pm Reservations: 831 -6262 gSSf t Mandarin CD Singtymne ,_J 313 Orchard Road. Singapore 2 ***** Tel: 737 4411 Fax: 732 2361 a family appam at panels Treat your family and friends to an
      117 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Lock icon Page 13 Miscellaneous Column 1
      1010 13 CRYPTIC CROSSWORD 9 Complaint is purely fabrica- BB |Br 10 Criticism directed at flying PB—PBI—.HL— machines? (4) J I I I J I p2 I 11 Yet three sevens turn out to be Lh| IhHH 13 Sends on the team's attackers 15 Dressing like a judge can be Come down
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Leeson's exploits upstage reel story
      504 14 Rogue Trader can't beat tale of man who ruined Barings Bank Reuters TRUTH may be stranger than Fiction and the film Rogue Trader may find itself upstaged by the true tale of the whiz kid who broke Barings bank. Ewan McGregor is dashing as Nick
      Reuters; FILE PHOTO  -  504 words
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      147 14 Motoring page will appear on Saturday iiiii^^H A V||B H A lot of thought goes into making your BMW the most dynamic car in rigorously trained to BMW's worldwide standards. dffek the world. And to ensure your driving pleasure for years to come, we In this way, your BMW remains
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Banks' tranche mergers: Muted sell-off signals air of resignation
      846 15  -  Bat no one sure how Foreign holders will vote on compensation plans Bi Siow Li Sen, Wong Wei Kong [SINGAPORE] Foreign shareholders of listed banks here are resigned to the "ungenerous" compensation schemes offered by the Big Four, judging by yesterday's
      846 words
    • Article, Illustration
      Lock icon Form Hldgs closes up despite doubts about firm's health
      611 15  -  By. Audrey Tan [SINGAPORE] In a clear sign of a frothy market, Form Holdings yesterday moved up in the stock market despite "substantial doubt" being cast on its ability to continue as a going concern. The loss-making entertainment company ended half
      Source: Bloomberg  -  611 words
    • Article
      Lock icon Pilecon warrant shock: a lesson for investors
      748 15  -  HOCK LOCK SIEW Ruth Wong CORPORATE Malaysia recently experienced one of its rudest shocks when Pilecon Engineering Bhd shareholders rejected the extension of the life of the company's warrants, a move that sent the warrant price plunging. On Monday, May 31, constructionbased Pilecon
      748 words
    • COMPANIES
      • Article
        Lock icon i-One.Net launches IPO without figuring in e-commerce earnings
        626 16  -  INTERNET PLATS Company banking on Xpress Print, with e-commerce income treated as a bonus By> Jennifer Lien [SINGAPORE] Singapore's so-called first true Internet stock offering was launched yesterday, despite e-com-merce not yet figuring in the company's earnings forecast. "We are unable to
        626 words
      • Article
        Lock icon i-One.Net, Pac Century are two stockbrokers' darlings
        609 16  -  Kim Eng Securities, HE's BNP calling for buys on these Net-related stocks Byi Catherine Ong [SINGAPORE] While many investment banks in town are at a loss as to how to price so-called Internet stocks, two stockbroking firms have bravely stuck their necks out
        609 words
      • Article, Illustration
        Lock icon From printer to e-commerce player
        846 16  -  K K Fong the man behind Xpress Print and i-one.Net is a believer in luck and hard work By< Conrad Raj [SINGAPORE] FEW would have thought, even at the turn of this decade, that K K Fong, the man behind one of Singapore's hottest public
        ARTHUR LEE  -  846 words
      • Article
        Lock icon Courts posts 6% drop in profit on rise in bad, doubtful debts
        302 16  -  Fall for full year is smaller than the 30% plnnge in HI By i Clarissa Tan [SINGAPORE] Furniture and electrical goods store Courts Singapore has reported a 6.4 per cent drop in net earnings to $11.6 million for
        302 words
      • Article
        Lock icon Southern Bank eyes merger or acquisition for growth: chief exec
        295 16  -  From Diana Oon Abdullah in Kuala Lumpur SOUTHERN Bank Bhd aims to merge with or acquire another bank in order to achieve growth, chief executive Tan Teong Hean said yesterday. "We have not been insensitive to the regulator's wish to
        295 words
      • Article
        Lock icon IDT net soars 69%; bonus planned
        447 16  -  By* Annette Pau [SINGAPORE] Hongkongbased IDT Holdings yesterday posted a 69 per cent net earnings jump to $35.1 million for FY99 to March 31 and proposed a one-for-four bonus issue to enlarge its capital base and boost liquidity. "The bonus issue will increase the
        447 words
      • Article
        Lock icon MBf Capital reports big end-'98 liabilities
        188 16 AFX-Asia [KUALA LUMPUR] MBf Capital Bhd says group liabilities at the end of 1998 exceeded shareholder equity by 1.14 billion ringgit (SSSI3 million). In the company's annual report, chairman and chief executive officer Loy Teik Ngan said, at the company level, liabilities exceeded shareholder
        AFX-Asia  -  188 words
      • COMPANY Briefs
        • Article
          Lock icon Khong Guan director Patric Lim quits
          56 16 [SINGAPORE] Patric Lim Hong Koon, 38, who is being sought after by Malaysia's Securities Commission, resigned as director of listed biscuit-maker Khong Guan Holdings Malaysia Bhd on June 6 this year. Mr Lim, who owns close to 12 per cent of Khong Guan, did
          56 words
        • Article
          Lock icon PanPac buys stake in HK publisher
          44 16 AFX-Asia [SINGAPORE] PanPac Media Ltd said it has bought a stake in Grand Palace Agents Ltd, a Hongkong-based publishing company with rights to publish magazines such as Space, Women's Today, Post Card and Wine Dine in Hongkong. -AFX-Asia
          AFX-Asia  -  44 words
        • Article
          Lock icon Sale of Promet's Ipco shares
          35 16 [SINGAPORE] Hong Leong Finance Nominees has sold 421,000 Ipco shares belonging to Promet Bhd at 73.3 cents each. Promet Bhd is left with a 6.6 per cent stake in Ipco.
          35 words
        • Article
          Lock icon SingLand names non-exec director
          48 16 [SINGAPORE] Singapore Land appointed Perry Pe, brother-in-law of director Lance Gokongwei, as a non-executive director yesterday. Mr Pe, who is a partner in a law firm based in the Philippines, is also the son-in-law of John Gokongwei Jr, a substantial shareholder of Sing Land.
          48 words
        • Article
          Lock icon Jacobs Engg, Lend Lease plan venture
          98 16 Bloomberg [SINGAPORE] Jacobs Engineering Group Inc, a US-based engineering and construction company, and Lend Lease Corp, an Australian property company, are planning a joint venture with headquarters in Singapore. The venture firm Jacobs Lend Lease Pte will serve as a base for the two
          Bloomberg  -  98 words
      • Article
        Lock icon Southern Water in reverse takeover of L&M Corp (M)
        535 17  -  S'pore's L&M Group will lose place as 2nd largest shareholder after RM92m deal From. Ruth Wong in Kuala Lumpur CONSTRUCTION-BASED L&M Corp (M) is the target of a reverse takeover by water treatment firm Southern Water Corporation Sdn Bhd (SWC), a
        535 words
      • Article
        Lock icon Halim Saad not required for now to buy back Renong shares: HEM
        371 17  -  PLUS to go ahead with plan to issue UM of bonds From Eddie Toh in Kuala Lumpur UNITED Engineers Malaysia will not, for the time being, require soon-to-be-wed Renong boss Halim Saad to buy back the Renong shares
        371 words
      • Article
        Lock icon Oracle Singapore posts 40% growth in sales and profit
        348 17  -  It cites increase in sales to corporates and govt sector By. Raju Chellam [SINGAPORE] US-based software giant Oracle Corp reported one of its strongest sales and profits in Singapore in recent years, with sales revenue growing 40 per cent, and profits
        348 words
      • Article, Illustration
        Lock icon Khan stands to make RM5m from Clob sellers
        486 17  -  Conrad Raj (SINGAPORE) Businessman Akbar Khan's Effective Capital stands to make around 5 million Malaysian ringgit (552.2 million) from the 359 Clob account holders who accepted its cash offer for their RM11.15 million worth of Malaysian shares now frozen by the Malaysian
        486 words
      • Article, Illustration
        Lock icon C&W gets almost 98% of Japan's IDC
        484 17 British telco beats NTT in hotly contested battle Reuters [TOKYO] Britain's Cable and Wireless pic (C&W) said yesterday that it had closed its high-profile, hotly contested takeover battle for Japanese carrier International Digital Communications (IDC) with a near-perfect victory. C&W, Britain's secondlargest phone
        Reuters; REUTERS  -  484 words
      • Article
        Lock icon New World spins off China unit to raise US$400m
        143 17 Reuters [HONGKONG] New World Development Co Ltd yesterday said it proposed to spin off its China property development and investment unit, China Land Ltd, to raise not less than US$4OO million (Ss6B4 million). Shares would be offered to the public in
        Reuters  -  143 words
      • Article
        Lock icon EastTech wins rights to make home theatre systems
        380 17  -  Byl Eugene Low [SINGAPORE] Audio equipment maker Eastern Asia Technology has secured exclusive rights to manufacture and distribute Paramount home theatre systems. The contract is expected to boost group sales of home entertainment systems by 15 to 20 per cent within the
        380 words
      • Article
        Lock icon HK Telecom undecided about offering subsidised computers
        455 17  -  Prom Meera Tharmaratnam in Hongkong HONG KONG Telecom has not decided whether it will match the offers for subsidised computers made by its competitors in recent weeks to grab a share of the Internet market, a company official said yesterday. Analysts, however, say
        455 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Siemens, Fujitsu to form PC giant
        417 18 The two firms will announce today in Bonn plans to merge their computer operations: report AFP, Bloomberg [MUNICH] The German electrical engineering giant Siemens and Japan's Fujitsu will shortly announce the creation of a new computer giant, the German news agency DPA reported yesterday
        AFP,; Bloomberg  -  417 words
      • Article, Illustration
        Lock icon Murdoch takes over as pay-TV BSkyB chairman
        266 18 Bloomberg [LONDON] Rupert Murdoch, whose News Corp owns 40 per cent of British Sky Broadcasting Group Pic, became chairman at Europe's second-larg-est pay-TV company for the first time in what some analysts say is a sign he wants a controlling role in talks
        Bloomberg; FILE PHOTO  -  266 words
      • Article
        Lock icon Bill Gates buys Sygma photo agency
        327 18 Corbis Sygma will have world's largest collection of images AFP, Bloomberg [PARIS] The French photo agency Sygma, the world's No 1 news photography agency with more than 40 million pictures, has been purchased by Microsoft chief Bill Gates through his company Corbis. The latter
        AFP,; Bloomberg  -  327 words
      • Article, Illustration
        Lock icon Cheers to Libertel's listing
        52 18 [AMSTERDAM] Libertel N V CEO John de Wit making a toast at the Amsterdam stock exchange on Monday after his company made a successful stock debut. The Dutch mobile telecoms giant listed about 70 million shares with a market capitalisation of 6.56 billion euros (Ssl 1.6
        REUTERS  -  52 words
      • Article
        Lock icon US firms may be asked to disclose CEO-director ties
        404 18 SEC mulling proposal after questions about independence of directors Bloomberg [WASHINGTON] The Securities and Exchange Commission may propose a rule requiring companies to disclose financial relationships between board members and chief executives, following questions about the independence of directors at The
        Bloomberg  -  404 words
      • GLOBAL Briefs
        • Article
          Lock icon HSBC phasing out costly tradition
          138 18 Bloomberg [HONGKONG] The Hongkong branch of HSBC Holdings Pic, the largest bank In Europe by market value, says it will no longer give employees an annual bonus of an extra month's salary to cut costs. The move shows even the biggest banks are abandoning tradition
          Bloomberg  -  138 words
        • Article
          Lock icon Starwood Financial to take over TriNet
          86 18 Reuters [NEW YORK] Starwood Financial Trust has agreed to acquire TriNet Corporate Realty Trust in a stock swap valued at US$l.B billion (Ss3.l billion), the Wall Street Journal reported. Company executives confirmed the agreement and an announcement was expected yesterday, the newspaper said. Under
          Reuters  -  86 words
        • Article
          Lock icon Compaq's latest from US$599
          80 18 Bloomberg [HOUSTON] Compaq Computer Corp, the No 1 personal computer maker, has unveiled consumer desktop and laptop PCs with one-button Internet access, a choice of online providers and home networking technology for as little as US$599 (551,024). The Presario 5700, starting at USII ,199 without a
          Bloomberg  -  80 words
        • Article
          Lock icon Offer for Saga: Elf lowers its target
          88 18 Bloomberg [OSLOJ Elf Aqultalne SA, Europe's fourth-largest oil company, reduced the acceptance level and extended the offer period for its US$4.6 billion (557.86 billion) cash and debt offer for Norway's Saga Petroleum ASA, in a bid to defeat a higher offer from Norway's
          Bloomberg  -  88 words
    • FINANCE COMMODITIES
      • Article
        Lock icon Reuters, Bloomberg set for bond broking contest
        498 20 Reuters' Instinet will rival Bloomberg, Intercapital tie-up in electronic broking Reuters [LONDON] News and information companies Reuters Group Pic and Bloomberg LP announced separate plans on Tuesday to launch electronic broking ventures in bond markets, pitting the rivals against each other in new
        Reuters  -  498 words
      • Article
        Lock icon Shell chemicals unit to lay off 1,000
        315 20 Bloomberg [LONDON] The Royal Dutch/Shell Group, Europe's largest oil firm, says it will cut 1,000 jobs worldwide as part of a cost-cutting programme in its chemicals unit to save US$35O million (Sss9B million) a year by 2001. Everet Henkes, chief executive of the
        Bloomberg  -  315 words
      • Article
        Lock icon CBOE delists fund index options
        471 20 Inactive so Salomon's mutual fund index options get the chop Bloomberg [NEW YORK] The Chicago Board Options Exchange pulled the plug on Salomon Smith Barney Inc's attempt to build a market for index options whose returns were linked to the performance of America's biggest mutual
        Bloomberg  -  471 words
      • Article, Illustration
        Lock icon Let's talk about a 21-hour trading day
        121 20 [NEW Y ORK] J Patrick Campbell (left), chief operating officer of the Nasdaq stock market, listening as National Association of Securities Dealers chairman Frank Zarb and Masayoshi Son, chairman of Softbank Corporation, spoke on a video hook-up from Tokyo on Monday. Messrs Zarb
        REUTERS  -  121 words
      • Article
        Lock icon Global funds industry will grow 44% by 2004: study
        350 20 Ageing populations, more private savings for retirement seen as driving growth Reuters [LONDON] Increased privatisation of retirement savings and an ageing population in the industrial world will drive a 44 per cent growth in the global fund management industry by 2004.
        Reuters  -  350 words
      • Article
        Lock icon Futures lower as institutions stay away
        177 21  -  Reports MS& Singapore Index Christopher A Podbury, Jardine Fleming THE Simsci futures finished yesterday slightly lower with institutional players remaining largely sidelined. The reason for the lack of activity by institutional players was mostly due to concerns over the possibility of a hike in
        177 words
      • Article
        Lock icon Futures jump on electronics optimism
        199 21  -  MS& Taiwan fatnres Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract yesterday sprang up to close at the high with a gain of 10.6 points. The Taiex finished 99.02 points higher when optimism about the electronics sector flooded across with United
        199 words
      • Article
        Lock icon Oil prices hit 17-month high on reappointment of Saudi oil minister
        295 21 EMBRGY REPORT Reuters [LONDON] Buoyant oil prices hit 17-month highs yesterday as the leading advocate for this year's Opec oil output cuts, Saudi Oil Minister All al-Naimi, was retained in his post. London August North Sea Brent futures rose
        Reuters  -  295 words
      • Article
        Lock icon CURRENCY REPORT
        326 21 Reuters London THE dollar strengthened against European currencies yesterday, hitting six-year highs against the Swiss franc amid a rally in US stocks and bonds. A weaker-than-expected US consumer price report for May was the trigger for gains of nearly 1.5 per cent in the Dow Jones Industrial Average
        Reuters  -  326 words
      • Article, Illustration
        Lock icon Untitled
        1050 21 grniHiME CROSS lATEfi Jun 16 21 f WK$ hHto»«pMi Vtn Wow KM HUP* to Hto S$ SfrWT<M<Nw<U$$ CM 1037 0 9t4 5 6 £J S SJ JS \IZ V?l 7 669 2 502 U34 34 236 24W3 1,26 LOU *****24J30 0 414 0 659 China n in? a 0.657 4310
        1,050 words
      • Article
        Lock icon Untitled
        1747 21 SICOM FUTURES WJ RUBBER (Mwts ctortxj«it SJOpm) RSStCOHTRACTOcwtjAfl) CIom Volume Opm Mwth Low Sett (tomes) Interest 105.25 300 400 *•''2 *06.75 400 $*99 109.75 109.75 109.75 900 SC 114.25 1200 Jw/MarOO W .oo 300 Apr/Jun 00 122.50 RSS 3 CONTRACT (US cmtsAf) Volume Omm >aa »W*ll Wfl*! tow Stt (tomes)
        1,747 words
    • Article, Illustration
      Lock icon HONGKONG
      1370 22 AFP TlHangSeag +219.71 HONGKONG share prices rose 1.7 per cent yesterday on strong futures-led trading to reclaim the 13,000-point level, dealers said. "There was strong blue-chip buying led by futures," said Michael Ng, deputy managing director at Sassoon Securities, adding that investors had absorbed earlier worries over the US
      AFP  -  1,370 words
    • Article, Illustration
      Lock icon CHINA
      586 22 Reuters Shenzhenßlndex +9JH SHENZHEN'S hard currency B shares rebounded to close up 9.6 per cent yesterday as investors regained confidence in an official editorial giving the government's stamp of approval to a recent bull run. The B share index rose 9.94 points to 113.45, while turnover eased to HK$344
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  586 words
    • Article
      Lock icon TAIPEI
      343 22 AFP QWP Index +99.02 TAIWAN share prices rose 1.2 per cent to breach the psychological 8,000-point level yesterday on buying designed to window-dress half-year corporate reports, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 99.02 points to 8,059.02 on a turnover of NT5156.56 billion. "Window-dressing buying began
      AFP  -  343 words
    • Article
      Lock icon WORLD STOCK MARKETS
      2294 22 LONDON M«striils *iw M *h 3* Croup 7.39 0.15 Abbay National 12.91 0.07 A B Foods 4.29 -0.07 A B Ports 2.9S 0.12 AManca t Lalcastar 8.77 -0.17 AWad Domacq 6.(4 0.06 Alllad Zurich 7.78 0.23 Anglo Mm Com 43.70 uncti ASOA Croup 2.17 unch Bank of
      2,294 words
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      Lock icon TOKYO
      1624 22 AFP P Nikkei 225 -7182 SHARE prices in Tokyo slipped back 0.4 per cent yesterday as domestic institutional investors took profits in the absence of fresh leads, brokers said. Investors squared off their long positions in late trading while the market waited for the release of US consumer price
      AFP  -  1,624 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Lock icon Untitled
        9005 23 industrials CoiUBur products "W Lat Vol Day Net Cip Wqfc Lew Clfny Sale -000 Hl«h Lew Pit imH 380 255 Ajinomoto 370 23.5 150 0 H5 46 Angkau 97 5 114 97 88 143 0 293 220 Apollo Food Hlq 280 unch 9 280 280 9.7 112 0 204 115
        9,005 words
      • Article, Illustration
        Lock icon Shares up on talk of early polls and rate cut
        453 23 AFP, AFX-Asia fl Composite Index +IL9B MALAYSIAN share prices ended 1.5 per cent higher yesterday on local buying amid rumours of an early general election and a further interest rate cut, dealers said. The Kuala Lumpur Stock Exchange Composite Index
        AFP,; AFX-Asia  -  453 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Lock icon Compact Metal wrt has decent numbers
        180 24  -  WARRANT WATCH -By R Sivanithy WHEN the market is as hot as it is now, valuations often don't mean a thing. Momentum and liquidity are the most important factors, although of course it helps if there's some semblance of a story to push things
        180 words
      • Article
        Lock icon WELLINGTON
        295 24 AFP H Wellington +13.64 NEW Zealand share prices rose 0.6 per cent in solid trading yesterday, with most commodity stocks posting gains. The NZSE-40 Capital Index was up 13.64 points at 2,120.73. Turnover was high and it totalled nearly NZ$lO2 million. —AFP Jwtt MS (000) Advantage HDS .1.70 unch
        AFP  -  295 words
      • Article
        Lock icon Untitled
        2363 24 BONK. LOANS WARRANTS m 52-Wk Last Vol Day Last Quota Avq Htfl) Law St no Company Sal* *or- COOO) High Law Buyar SaMar Prtca 9&5 3 r3160 -Acar ******1USS 90 *105 4159 94.S 785 90 90.S 66 5 4.5 s 3164 Acma ******4 62 »5 3720 65 57 61.5 62
        2,363 words
      • Article
        Lock icon CLOB INTERNATIONAL
        227 24 HONGKONG STOCKS Cr Cr S2-WH LMt Vol D«y LMt Ouot. Mv Mr YM Mai M Cop High Low Stno Compony Sow COOO) High Loo Buyer Sodor H O H P/C Smtl 365 173 5123 COL (2000) MK 350 320 332.5 B 3.7 2J 119 6776.6 5124 C»thovPec20cHK_720 265
        227 words
      • Article, Illustration
        Lock icon BANGKOK
        896 24 AFP n SET Index +L 22 THAI shares closed just 0.2 per cent higher in volatile trade yesterday, with bar-gain-hunting in banking, communications and energy stocks helping to keep the index in positive territory. Many investors remained sidelined, awaiting the release of US consumer price data for May due
        AFP  -  896 words
      • Article
        Lock icon SEOUL
        410 24 AFP F1 Composite Index -*-25*81 SOUTH Korean share prices rose 3.2 per cent yesterday on brisk retail interest in large caps after three days of losses, dealers said. Leading blue chips staged a strong recovery, finding support from individual leads, Hana Securities' Han Soo Chul said. The Korean Stock
        AFP  -  410 words
      • Article
        Lock icon SYDNEY
        665 24 AFP n All Ordinaries +L 3 AUSTRALIAN share prices rose marginally yesterday in subdued trade ahead of the release of inflation data in the United States that will determine the direction of US interest rates, brokers said. The All Ordinaries Index gained 1.3 points to 2,942.20. The All Industrials
        AFP  -  665 words
      • Article, Illustration
        Lock icon JAKARTA
        736 24 AFP Q Composite Index -B*3l INDONESIAN share prices fell 1.2 per cent yesterday on concerns that a firmer rupiah may hurt earnings of exportoriented firms amid continued profit-taking in large-cap stocks, dealers said. They said investors were also concerned over the slow counting of votes in the June 7
        AFP  -  736 words
      • Article
        Lock icon MANILA
        310 24 AFP Ft Manila +SJJS PHILIPPINE share prices rose 0.2 per cent yesterday in range-bound trade dominated by second-liners. The Philippine Stock Exchange Composite Index gained 5.85 points to 2,391.30. Volume rose to 9.82 billion shares worth 4.79 billion pesos from 9.5 billion shares worth 3.36 billion pesos on Tuesday.
        AFP  -  310 words
    • Article
      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      4771 25 Transaction date: Jnn 16 "low StNo Comoanv -*"> L**« Ouota l£ Olv YM Nat Cap A™ < OOP) High Loin Buy»f i«4lf C'»r P/f $mM Prka muuhhoushy s. is? 'S »j 76.5 8 s 1093 Asia FoodiProp ...US76.5 ***** 76 5 66 76 76
      4,771 words
    • Article
      Lock icon SESDAQ
      931 25 Stm c ggB s L r coop) Mm.°* v u« c*y «T $SSf^te? MANUFACTURING '25 22 t 2049 AS Auto Kk 135 *4 1094 137 129 134 135 ism 7 it ,j 7 ,52 21 C 19.11 *SJHWM20c 92 unch 4 92 92 92 94 3 8 KJ 9
      931 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Lock icon Untitled
        377 26 Stocks Votorn IPC Corpn5c HO,000,000 Eagle Brand Hldgs HK75c 80,618,000 Asm FoodiProp 76,485,000 DragonLand 10c 68,285,000 Hotung Inv MT5 56,593,000 PSC25C 53,410,000 Frt Links 20c 36,948,000 •Genting Int 36,943,000 Amara Hldqs Ltd 34,789,000 LionAsiapac25c 34,689,000 Stacks Asia FoodSProp 55,280,790 PSC25C 50,734,160 IPC Corpn 5c 38,666,090 SingTel 15c 37,227,570 SPH 35,096,840
        377 words
      • Article, Illustration
        Lock icon Penny and US$ stocks continue to steal the show
        610 26  -  STOCK MAUBT COMMENTARY Network Foods warrant among big gainers, rising 95%; PSC makes it to top volnme and gainers' lists By R Sivanithy THE penny mania which has afflicted the local market showed no signs of abating yesterday, with new names
        610 words
      • ON THE GRAPEVINE
        • Article
          Lock icon S'pore's investment climate tops
          118 26 SINGAPORE'S investment climate gets a nod of approval in the latest opinion poll conducted among financial analysts and fund managers in the region. The quarterly survey conducted by Taylor Nelson Sofres for Societe Generale Asset Management, details of which are in tomorrow's Executive Money, asked the
          118 words
        • Article
          Lock icon UEM to float Bemedi?
          53 26 LISTED United Engineers Malaysia is expected to float Remedi Pharmaceuticals as part of its fund-raising exercise to help repay a massive bond issue. Remedi holds a 15-year concession to supply pharmaceutical and medical products to the government. UEM says Remedi has captured 30 per cent of
          53 words
        • Article
          Lock icon At both ends of unhappiness
          128 26 OBSERVERS say while emotions run high over the merger schemes unveiled by the four local banks, in a matter of months, it'll be a dead issue. "You can see how problematic unwinding the two tranches gets with DBS Bank getting both sets of the least
          128 words
        • Article
          Lock icon Sotheby's ties op with Amazon.com
          149 26 AUCTION house Sotheby's has entered into an alliance with online bookseller Amazon.com and the two will begin spiling art and collectibles later this year. Under the agreement, Amazon is making a US$35 million (5559.8 million) investment in the auction house, reported the New York Times,
          149 words
      • Article, Illustration
        Lock icon HOT STOCK
        67 26  -  By Wong Wei Kong EAGLE Brand shares closed up eight US cents at US$0.42 yesterday with 80.6 million shares traded, compared with its 10-day traded average of 16.1 million units. The daily and weekly RSI, Stochastics and MACD charts suggest that the stock, now at a new 52-week
        67 words
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      119 18 fcr 1 m |fl li ''\m— The fit survive... but only the best get chosen. 1999 Enterprise 50 nominations are now open Companies can nominate themselves by completing the official nomination form. Companies must be home-grown, privately-owned and incorporated under Singapore's Companies Act (1994 Revised Edition) with four years of
      119 words
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      416 19 I I I I i-One o Net International Ltd I (incorporated in the Republic of Singapore on 23 April 1999) 1 Invitation in respect of 160,160,000 ordinary shares of 550.05 each comprising 132,000,000 I New Shares and 28,160,000 Vendor Shares as follows:p (1) 35,640,000 Offer Shares at 550.38 for each
      416 words
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      298 20 RUTGERS UNIVERSITY Executive MBA Program "A Foundation for Tomorrow's Corporate Leadeis..." One of America's best Business Management Program is now offered in Singapore! PREVIEW PROGRAM Date 19 June 1999 (Saturday) Time 2.00pm Venue Room 02-05, Bestway Building 12 Prince Edward Road Reserve Your Seat, Tel: 223 4566 Fax: 223 4533
      298 words
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      Lock icon Page 20 Advertisements Column 2
      73 20 NOTICE OF INTEREST RATE Cho Hung Bank Floating Rate Notes Due 1999 NOTICE IS HEREBY GIVEN that the interest rate covering the interest payment period beginning June 9, 1999 and ending on December 9, 1999 has been fixed at 5.485%. The Interest Amount payable on each SI ,000 amounts to
      73 words
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      153 20 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands,. Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants For
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      11 20 IT news your business can use BusinesslT, every Monday in THEBUSINESSTIMES
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      Lock icon Page 24 Advertisements Column 1
      62 24 the computer V -"f you this was a J making for Susan I advertised in I V good deal y Yup, we got what is going to be J X.Th e Straits Times J f (we real nice! ig 5] jP*o±-4 of l^ n c tt ice r§m^iT^^ —1 Buyinaorse,UMthrouah
      62 words
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      1542 26 Are you making money off the market? Let DBS Investor Online help you pick hot stocks! Call 438-1188 today. SSDBSBANK Iijqtices""""""""""" To advertise call toll-free 1800-741 1883 Fax No: 741 1298 A PERMASTEELISA PACIFIC HOLDINGS LTD (Incorporated in Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN
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      Lock icon Page 26 Advertisements Column 2
      327 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 JANCOM PRIVATE LIMITED MEMBERS'VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 15 June 1999. the following resolutions were duly passed: I. SPECIAL RESOLUTION WINDING-UP That the Company be wound up voluntarily pursuant to Section
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      285 27 Bridge News, Reuters THERE was talk that Louis Dreyfus paid a firmer rate for its cargo to South Korea from the west coast, but details could not be confirmed. Generally Panamax trading remains very quiet with details of freshly concluded business elusive. Although rates in the Pacific are
      Bridge News,; Reuters  -  285 words
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      Lock icon MARITIME STOCKS
      270 27 tt_ CWT Distribution 1.56 0.03 330 Chuan Hup 121 0.03 M28 Case* Investment LT7 unch 348 rrMMLMu 0.39 0.02 36*48 08 Holdings 1.02 -003 569 IMC HMSr*s-HK U0 unOl 0 JeyaHoMtogs to 0.08 4644 jMrpnaSNpyar* US -0.20 85 KepiwICorp, 5.15 -a« 1041 KeppPlFtLS 4.64 uneti 0 Keppel Merino
      270 words
    • Article, Illustration
      Lock icon Thomas Miller moving into hull insurance
      438 27  -  New syndicate to be formed at Lloyds will start underwriting on Jan 1 By Marcus Hand [SINGAPORE] Thomas Miller, manager of leading mutual insurer UK P&I Club, is moving into hull insurance in a joint venture with Swiss Re and the Chartwell Group. The
      438 words
    • Article
      Lock icon Contracting association set up to cut marine supplies costs
      455 27  -  World-Wide Shipping Agency ties np with two international firms to combine buying power From David Hughes in London SINGAPORE-based WorldWide Shipping Agency (S) Pte Ltd is one of three big international shipping companies joining together to form a contracting association aimed
      455 words
    • Article
      Lock icon Kvaerner may have to resort to piece-meal disposal of units
      744 27  -  NEWBUILDS By By David Hughes THE Kvaerner shipbuilding empire has started to break up as the Anglo Norwegian conglomerate's new boss, Kjell Almskog, pursues his plan to pull out of shipbuilding completely. Kvaerner is selling one of its Norwegian yards,
      744 words
    • PORT Shots
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        Lock icon Teekey Shipping chairman resigns
        66 27 Reuters [NEW YORK] Crude oil and petroleum transporter Teekey Shipping Corp said on Tuesday its chairman, Axel Karlshoej, will resign from the board because of work demands at his company, Nordic Industries. Mr Karlshoej will be replaced by C Sean Day, a member of the board
        Reuters  -  66 words
      • Article
        Lock icon Evergreen to issue 5-year NT$2.5b bond
        64 27 Reuters [TAIPEI] Taiwan shipping giant Evergreen Marine Corp said yesterday it planned to issue NTJ2.S billion (Ssl32 million) in five-year corporate bonds as early as July to finance foreign investment. The coupon rate on the bonds was set at 6.02 per cent, an Evergreen
        Reuters  -  64 words
      • Article
        Lock icon Cargo ship sinks off Sri Lanka
        87 27 AFP [COLOMBO] Sri Lanka has sounded an alert for 11 Ukrainian crew missing after a St Vincent-registered cargo ship sank off the island's north-east, the rescue co-ordination centre here said on Tuesday. The ship-to-shore Colombo Radio said the Number One is believed to have
        AFP  -  87 words
    • Article, Illustration
      Lock icon Fasa urges regional govts to take immediate action against piracy
      381 27 [SINGAPORE] The Federation of Asean Shipowners Association (Fasa) has called for immediate action by regional governments against piracy following the hijack of a Thai tanker off Malaysia last week. Fasa said that the latest attack was "one too many" and
      FILE PHOTO  -  381 words
    • Article, Illustration
      Lock icon Need to plan for the worst
      684 28 SHIPPING: YEAR 2000 EMERGENCIES Shipping firms must expect the unexpected and be ready for Y2K-related equipment failures, says Lloyd's Register Reuters [LONDON] SHIPPING companies are being urged to draw up contingency plans to deal with millennium bug equipment breakdowns over and above the preparations
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      220 28 PACE ECU line 6 ACL 6 ECL 4 ANL 3 Evergreen 6 Accord 8 foonqSun 8 Appenshtp 5 c Austral 8 Gemartrans 6 Bala) i Shpg 4 Hanqii 7 BSA 7 Hanjin 3 B tang Mas 8 Heung-A 4 CCNI 7 Hyundai 7 CMA 8 ICFS 3
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      Lock icon SHIPPING GUIDE
      18583 35 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 27/0* 02/07 ICFS HEIMAR J OKS 45-*****55 SL n. A^'^ AN mm C te To CALLAO (CLL) 2064 Peru m/m Setramar 08/00
      18,583 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        730 38 Vessel Voy No Berth Arrival Departure Jurtag Pert BT Hasrat BA *****9 J1 alongside 17.06/0600 BT PU Telor2 *****9 J1 alongside 17 06/0600 BT W *****9 J1 alongside 17.06/0100 Bt Sur III *****9 J1 alongside 17.06/0100 Fast lift PV240 JIB alongside 17.06/0500 Pro Atlantic ***** J6 alongside 17.06/2300
        730 words
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        Lock icon CONTAINER SCHEDULES
        1861 38 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstli Ship Voy No Etb/Btr Period From To From *clmw 691 8/2230 U B/BOO IV859 15/1900 II B/BOO B/859 B/HOO U 15/T700 16/0*59 16/0900 21 15/1700 16/0659 16/0900 1 16/0700 16/1159 a/MOO 4 It/ttOO 16/1459 16/1700 <W4J MSN 8/2359
        1,861 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        187 38 Jnn 18 Hong Kong: Tuen Ng Day. Jnn 25 Finland: Midsummer Eve Holiday. Jnn 20 Indonesia: Mouloud Prophet's Birthday. Brunei: Maulud. Finland: Midsummer Day Holiday. Jnn 30 Brunei: Half Year Bank Closing. Jnl 1 Canada: Canada Day. Jnl 14 France: National Day. Jnl IB Brunei: HM The Sultan's
        187 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        793 38 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        793 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        624 38 Carbon 180 Mai 990.3 1.0 18.7 0.10 73 0.06 Jot 10 Density Water Residue Ask Aluminium Sediment No above E25 0 0 10 0 0 0 380 Ave 986.4 0.3 13.2 0.06 37 0.02 Uim 380 Mai 992.5 0.9 19.2 0.09 90 0.06 K6/W3 v/» m/m
        624 words
    • AIR & LAND TRANSPORT NEWS
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        Lock icon PAL workers' union asks SEC to reject rehab plan
        342 39 At least 4,200 staff expected to be axed nnder scheme Bridge News [MANILA] The Philippine Airlines Inc (PAL) workers' union has asked the Securities and Exchange Commission (SEC) to withdraw its approval of the flag carrier's rehabilitation plan as it would
        Bridge News; FILE PHOTO  -  342 words
      • Article
        Lock icon SIA upgrades inflight video on demand system
        267 39  -  It will spend USsl.3m per aircraft to install new version By 1 Felix Chan [SINGAPORE] Singapore Airlines (SIA) yesterday unveiled an enhanced version of its Wisemen inflight audiovideo on demand (AVOD) system. entailing an investment of US$l.3 million (552.2 million) per aircraft. The
        267 words
      • Article
        Lock icon ANA confirms 4 Boeing 777-200ER orders
        264 39 [SINGAPORE] All Nippon Airways (ANA) has confirmed an order for four Boeing 777-200ER extended range aircraft, the world's first airline to order all three derivatives of the aircraft. The Tokyo-based carrier said it plans to add four *****00ERs to its fleet, converting an existing
        264 words
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        Lock icon Boeing reports record order for 100 737s
        334 39 AFP [LE BOURGET, France] The US Boeing company reported on Tuesday that it had obtained "the largest single order ever" for its mediumrange Boeing 737. The announcement that International Lease Finance Corporation (ILFC) had ordered "as many as 100 NextGeneration 7375" at the
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      • Article
        Lock icon Boeing gets US$550m orders from India
        244 39 AFP [NEW DELHI] India's largest private airline. Jet Airways, has signed a US$55O million (***** million) deal to buy 10 next generation planes from Boeing Co, officials said on Tuesday. The US aircraft manufacturer closed the deal with Jet Airways chairman Naresh Goyal late
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1886 39 aw HJ6WT m njotr tro sows mso mm 2350 Ad*l*id« BAT381 1930 BA7382 2055 LH778 1605 MZ4579 2350 0F82 2055 NZ4578 1605 S***** 2350 AN8229 2230 S***** 1605 IH6373 2355 LH6380 2230 M7306 ,81 5 S026 2355 SO229 2230 I 1 Amsterdam M837 1455 6A972 0010
        1,886 words
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        Lock icon Northwest, union agree on 5-year labour pact
        404 39 Reuters [CHICAGO] Northwest Airlines Corp has reached a tentative five-year labour agreement with its flight attendants that would raise their pay from the lowest in the industry to the highest. The agreement, which came less than a week after the flight attendants overwhelmingly
        Reuters  -  404 words
      • Article
        Lock icon Toyota may start making small cars in China by 2001
        429 39 Bloomberg [SHANGHAI] Toyota Motor Corp, the world's third largest carmaker, said it could start producing small cars with Tianjin Automotive Industry Co by 2001, taking advantage of the anticipated rise in private car ownership. The companies' 50-50 venture involves total
        Bloomberg  -  429 words
    • SHIP FINANCE AND INSURANCE
      • Article, Illustration
        Lock icon Coverage in good times and bad
        1187 40  -  Effect of new players and current low premium rates something to watch, writes mice sansom NICK SANSOM The writer is managing director of Thomas Miller (South East Asia) Pte Ltd THE sinking of Sun Vista last month in the Malacca Straits and the Evoikos
        FILE PHOTO  -  1,187 words
      • Article, Illustration
        Lock icon One-stop shop for shipping services
        1050 40  -  f¥ Tony Gray The writer is financial editor, Lloyd's List LONDON as an international maritime centre is much imitated but never quite duplicated. Cities such as Singapore. Oslo, Piraeus, New York and Vancouver have long cast envious eyes at London's pre-eminence in maritime services. No
        SOURCE: Corporation of Lloyds  -  1,050 words
      • Article
        Lock icon Bond financing at crucial stage
        1257 41  -  alestair mackib analyses the advantages and problems of the issue ALLISTAIR MACKIE The writer is a partner specialising in ship finance and corporate shipping in the international law firm Holman, Fenwick Willan. WHATEVER the speculation in the shipping press, there can be no doubt that
        1,257 words
      • Article, Illustration
        Lock icon S'pore gains stature as focus shifts east
        594 42 It has pro-business policies in place and provides the necessary support services LAST year, Singapore was ranked as the 12th most important maritime nation by the Unctad Review of Maritime Transport. Singapore also features prominently among cities such as London, Hongkong and Oslo
        FILE PHOTO  -  594 words
      • Article, Illustration
        Lock icon Secure legal framework spurs growth
        1106 42  -  Bui Gina Lee-Wan, Harold Or The writers are partners in the shipping department at Allen Gledhill, Singapore. WITH its strategic geographical position and well-developed port facilities, Singapore has been enjoying much economic success as the hub for shipping activities in South-east Asia. It is not
        ARTHUR LEE  -  1,106 words
  • Page 27 Advertisements
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      15 27 Y2K: Need to plan for the worst Shipping firms must expect the unexpected Page 2
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      159 27 PAL union asks SEC to reject rehab plan At least 4,200 staff expected to be axed under scheme Back Page LLi neuus travels fast IN SINGAPORE, vshen \ou want to reach out to a select target audience m the transport and logistics industry. only one daily oilers you the advantage
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      194 28 jMHr 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 Ww|pPißy#A%wiiißiiPllliilPEJPs^MEllElgiilßtlPM i i UH* f I SEHL.MAQENC.ES PTE. LTD. 133, Naw
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      816 28 Lines services representee u. MMW tF Members of the "*c fT| 6fi r s of the Registry of y,» Singapore Freight Forwarders Accredited Shipping Agents Association V'"V Singapore Shipping Association ULY LINE MALE I VESSEL VOY ETA fIU fETA P. KLAHC SPORE MALE Empress Lily V 0299 14/06 16/06 24/06
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      1171 29 SAX SERVICE (PWECT) VBStt VOY Sire UUt OAK PAL HOU 108 1 COL j RBR 1 All 1 NYC IW KM—MM Mtt lt/at 01/07 06/07 06/07 06/07 06/07 06/07 06/07 07/07 07/07 *HMg Olg Q/06 01/07 13/07 13/07 13/07 13/07 14/07 14/07 IS/07 15/07 <H6<MiT Olg 30/06 15/07 20/07 20/07
      1,171 words
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      1983 29 HANJIN SHIPPING iCP 1 4 tfcMy*Ln> -Sate *****30 "AJO'W SHIPPING (S) PT ITD ,7w cot tOOHIIG *****3S 73/ SALfS *****74 731 OOCUMHn *****71 7/4 OfttAflOWS *****50 7SI mm LlWf *****5S NU ***** M CR NO **********0 M TO NW USA CANADA ysA CANADA* I I IMHAa/Vor I"*! nw loa|pm 1
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      489 29 VKSa *OY_ _SW_ TO TOT Sin HKC KEI US* fllS KMTC PROVIDES NOOTAMA MS 20/36 22/0* 73/0* 77/04 29/0* 01/87 0?/D7 QtT( ULSAK 900S 2S/0* 02/07 04/07 04/07 07/07 CONTAINER SERVICE AOtULT 01U_ 25/0* 2*/0* 30/0* 02/07 UtTCKHIUW 909S 27/06 29/04 909* 30/0* 04/07 M/ 07 09/07 10/07 TO SIHANOUKVILLE/
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      1385 30 DSR-SENATOR UNES TO UK/CONTINENT TO MEDFTERRANEANCANADA K*** l W" IB* MA* OffV FU WSSfI [w» 3 GTT SPf FOS M.C MTR !2S S2 2-2 IJ7 nantaum mm nn nm IfW~FW"W"T7F HMUMCOUMMO WNK7 ISM 0207 007 MO7 00 07 Mr MO7 JAPAN SENATOR W*M?7 Ml 7 2S 07 27 07 20(7
      1,385 words
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      834 30 MAC-NELS s PORE M'StA I rTTTTS Cairlar: MN COUTH LINES. INC p.ouoano m***™ I—IV/ J C* NO: 12DOS7SOOOOC SIBU: (064)*****9 MAMLA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELAWG: (03) *****77 JKT: (21) *****07 HON: (61) *****3 KUCHtNG (082) *****1-3 GENOA NEW DELHI/NHEVA SHEVA MV
      834 words
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      768 30 HPRESS CONTAINER FEEDER FOR N.SHEVA/ COLOMBO VMMI S PORE N SHEVA COLOMBO P KLANG CAPE CANAVERAL V 107* 21 JUN ?9 JUN Ot JUL 11 JUL TULSIOAS VllO 28 JUN 06 JUL 13 JUL 11 JUL I MAS TIGA Vll7* 05 JUL 13 JUL 20 JUL 25 JUL CAPE CANAVERAL
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      1543 31 [vessel voy khh hkg sin pkg pqb dxb dmm Iba I bik IRAN BAABAEI PCL-5107 IS/06 18/06 22/06 23/06 02/07 03/07 04/07 06/07 08/07 IRAN TAKHTI PCL-5108 23/06 25/06 29/06 30/06 09/07 10/07 11/07 13/07 15/07 IRAN TABATABAEI PCL-5109 30/06 02/07 06/07 07/07 16/07 17/07 18/07 19/07 21/07 IRAN LORESTAN
      1,543 words
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      1696 31 WMkly Dimt Cells to Kob« (6 Days), Nogoya (7 Days) Tokyo (8 Days) I SINGAPORE'S GENERAL AGENTS: 80 ROIINSOH RD HL 226 1900 i^22b22MoSmSD{M/l)T^m!o^^o!!S!lolfKl^^^^^^^^^^ ££tt*Xl HG m ITD JlL5™ SAIES/IKGS *****57/60 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD >N, WOOOOM SINGAPORE *****8 CONVENTIONAL *****50/55 T/SHPMT PEPT *****25
      1,696 words
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      624 31 CHINA SHIPPING (GROUP) COMPANY 1 ■C 5 CHINA SHIPPING CONTAINER LINES CO., LTD. FAR EAST EUROPE FULL CONTAINER EXPRESS SERVICE WESTBOUND (FIXED WEEKLY SERVICES) VSi VOY XOO om SHA HKO I SPOKE I RTM HAM FXT -MQStI 2201 Qtuxi Qajun LJJun LUuo lZJun QZM iM lflid MARE lONIUM 9901 13
      624 words
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      1337 32 SGP ROM MM HK THP ZEE IHV LHV THP ROM ANW HOG PKL SGP E. DELIGHT RW-OU 21/06 11/17 10/07 13/07 14*7 15/17 11/17 E ROUNO RE-037 01/00 03M 02/00 MM OM TVOf tIM E OIAOEM RW-006 20/00 15/07 21*7 1747 11/07 20/07 21/07 E. RESULT RE-02S 00/00 00/00 11/00
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      979 32 Ar *y= ADVANCE CONTAINER LINES (PTE) LTD 111 .1 TtL: *****21. FAX *****19. TELEX :RS ***** ACLPL KM BOOKINGS PLEASE CALL: *****22 SALES A MARKETING *****2128 OPERATIONS: *****60* *****05 Cfi NO *****M0000E lAW6KOK T Bißhn».i> JAKARTA ■(7 UtUM^k) VBSa VOY SIN EKK VtSStl VQY I 5H JKT KOIA HAWA (RM/LCH)
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      558 32 NANTAI LINE j FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VOY SIM fUI 1 DUK CfT »q~ WMlAiyauS VO3SS 04/07 12/07 16/07 11/07 20/07 23/07 golden mm tons 13/07 "23/07" 27/07 muom »03AS 23/07 31/07 04/w "07/01" 00/ m "n^T NAXIAI DRAGON <01SS 02/00 11/00 IS/01 H/00 11/ M
      558 words
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      416 33 IMK MYANMA pBHk FIVE STAR UNE (Myaaaar National lia«) Loading for Tango* (Rangoon) vissii vor sin pre pin pgu MAWLAMYIN! 04W SU) SAGAING 60W SID MALAYSIA AGfNTS: lOUSTEAD SHIPPING AGENCIES KUL TU (03)*****00 PRL; IE (03) *****01 PHfc Ttt (04)*****02 PGU: TU (07) *****21/4 M BANK LINE (A of Aidrtw
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      1260 33 HYUNDAI MERCHANT MARINE CO., LTD. [VBSa VOT r»i' SOU I IB<| RIM I ANT I HAM I BRV I m~| IVBSa VOY|SOU|IBI|RTM|ANT|HAM|WV|m|sR' HYADMRAL 320W 17/06 05/07 10/07 07/07 00/07 NOIttJTI 0131 21/05 29/05 23/05 25/05 16/06 MR CORAL 000W 18/06 09/07 10/07 04/07 06/07 HYMRON 3191 24/05 29/05 26/05 27/05
      1,260 words
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      1105 33 nocwogion ipeaokzed ootocomen Gio)§(o](3 Wilhelmsen Lines TO NORTH AND LATIN AMERICA "RORO HEAVYLIFT SERVICE" [VESSEL VOY RAMP HEIGHT I SIN I LAX I CXI MIA SAV BAL ORF NYC MfW MOI ITAMPERE F913 400 fan 63M 77/06 26/07 03/00 06/00 00/00 10/00 TT/08 13/08 17/00 08 TEXAS F914 400 Tow
      1,105 words
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      814 34 mtOKOK/ MAP TA PHUT/ LAEM CHABAMQ JAKARTA/PAN J A NO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN KOTA HAfITA HTAO37 In Pt 20/06 GURU BHUM ***** ~18/06 20/06~ VAMTRA BHtIM 286N In Pt 20/06 19/06 AHA BHUM 348S 19/06 23/06 MATHU BHUM 419N 19/06 23/06 22/06
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      427 34 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINER SERVICE WL IWTI 5 ail M M OT IB MA Ml S mwrnm m. n/w ii/w n/w am aj* »i/w wv mmoai tk \j/u h/m v/u n/v mgt u/v n/g WIW m H/Utk/U V/V W/17 l?/07 11/87 AUSTMIOTH m 11/07 116/97 19/07
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      719 34 I VESSELS VQY SBI PKL JED MLA LEH RTM HAM ZEE SOT VIU-E D€ TANYA T32W 21/06 22/06 01/07 06AJ7 11/07 13/07 14/07 16/07 17/07 VJ-E OE TAURUS AJ2W 28Z06 2a>o6 06A77 13/07 18/07 20/07 21/07 23/07 24/07 VK-LE D'AQUARIUS U32W 06/07 06/07 15/07 2CVQ7 25/07 27/07 28/07 30/07 31/07
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      53 35 INTRODUCING OUR NEW FAR EAST USA TRANSPACIFIC EUROPE SERVICE Turn To Pg 6 FULL CONTAINER (every mon/wed/frd EXPRESS SERVICE MSC A S encies K* Ltd Turn To Pg 5 For Service From PASIR GUDANG/ SINGAPORE r-K c~ /cx MIDDLE EAST/VIETNAM China Shipping (S) See Agencies Pte Ltd 6 JH CONTAINER
      53 words
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      51 37 ATTENTION TO ALL USERS OF SHIPPING TIMES FAX-ON-DEMAND (FOD) SYSTEM WHO ENCOUNTERED PROBLEMS IN THE LAST WEEK WE APOLOGISE FOR ANY INCONVENIENCES AS THE SYSTEM HAD EXPERIENCED TECHNICAL DIFFICULTIES. OUR VENDORS ARE WORKING TO RESTORE ITS PROPER FUNCTIONING AS SOON AS POSSIBLE. WE SEEK YOUR KIND UNDERSTANDING ON THIS MATTER.
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  • Page 38 Miscellaneous
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      129 38 LEGEND R Thunderstorm Temperature oq V Shower Weother _X Wind direction with speed m knots Rom Cloudy Sky Wav h «»9^ Surfoce winds ore indicated by orrows which Hy with the wind One Ml circle represents calm or hght and variable winds J—.. One holt Heche represents 5 knots L—
      129 words
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      474 40 #5G5 Redwood Bunkers SGS has been a world leader in Quality Analysis This would include document 9 inspection services since its The laboratory is equipped to control and measurement V a founding in 1876. Its worldwide analyze all tests required sampling equipment presence with 1255 offices within the industry, which
      474 words
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      54 40 Jjmdon J&ffshm (onsultants v The Marine Experts Providing expert technical advice, marine and engineering consultancy services to the shipping, insurance and offshore industries in South East Asia, since 1987. Contact: Captain Jonathan M. Walker Brian Hiney Singapore Tel: (65) 224-9200 Fax: (65) 224-2416 E-mail: locs@cyberway.com.sg Other Offices:London Houston Dubai Abu
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      75 41 C3>J UK P&I CLUB The UK Club has offices around the world covers both small and large fleets has reserves exceeding US$l billion covers more than 20% of the world's shipping through global experience brings you local solutions has offices in Singapore and six other Asian locations Contact us at
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      116 41 Serving The Shipping Industry Stephenson Harwood is an international law firm providing comprehensive, specialised legal advice to the shipping industry worldwide. For further information please contact: Singapore: Martin Green lain Young Andrew Wilding Tel: (65) 226 1600 Fax: (65) 226 1661 London: Mark Russell Robin Slade Paolo Ghirardani Graham Burns
      116 words
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      207 42 /■jgV ABS Group Inc. The American Standard for Over 135 Years ABS Group Inc. provides a wide array of RISK ASSESSMENT services for the banking, insurance, and other financial service industries involved with: Project Financing Initial Public Offerings (IPO's) Asset Based Lending Leveraged Buyouts Syndicated Lending Lease Financing Private Equity
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      83 42 T 'a Jp HOLMAN FENWICK&yiLLAN f 4 .MfJ*.!>£ «yjy r t y fgWL t m i •«jl. jV' vv. pr >"^- -v V "k' ,?;Vy ;,'<• International Lawyers-/ f. specilnsing in commercial and maritime ship finance and insurance. r >*-. lv> SINGAPORE OFFICE 10 Coltyer Quay #08-02 Ocean Building >
      83 words