The Business Times, 25 June 1999

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Microfilm: NL21505
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Lock icon Masthead
    10 1 ITheBusinessTimes 85C SINGAPORE Internet: http://business-times.asia! .com.sg/ FRIDAY, JUNE 25, 1999
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  • Article
    Lock icon MARKET SUMMARY
    58 1 XJ 2ML73 (+24.26) 3Sf(+18.00) iFliniscirDnmßS U 2M170 (+2.30) 9T0GH HilKET IKDICES Thursday Change KLSE COUP 811.71 +«.89 NIKKEI 17jU&» +41J7 HANG SENG 13,***** t95.92 SB? INDEX MM7 +118 JAKARTA COUP *8111 l&H MANILA COMP _J.4KH *27.61 TAIPEI WFI _&***** +9U8 SEOUL COMP 877Ji -1LS3 CUA CHINA BUMvaWie AUSTALL
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  • Article
    Lock icon FINANCE
    67 1 F0BEX1ATES U8S 8t U8I 1.712 £(USS/SS per 1177 1184 1.M 1.762 DM L8Bt OJOl YEN 121J 13% KM im 0.448 IKS 7.718 0119 HAHT SM8 0.046 WEMHj 1,744— 0.025 •stmmmMi Atmt BATES SINGAPORE* 680 KUALA LUMPUR 7.26 JAKAflTA tt.M BANGKOK 1MI MANILA 11.80 HONQKONG- 8.26 TAJPB—: &I7 SYMjOT 7.*
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  • Article, Illustration
    Lock icon Temasek fine-tunes stewardship of its companies
    1263 1  -  Firms in its stable will have chairman, chief executive functions separated By Conrad Raj, Patrick Daniel [SINGAPORE] As part of moves that will see it become more proactive in its stewardship, Temasek Holdings, the government investment holding arm, has adopted a new policy of
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  • Article
    Lock icon STI crosses 2,200 in intra-day trade
    449 1  -  Banks, Jardine companies and industrial stocks in the limelight By. R Sivanithy [SINGAPORE] A continued inflow of institutional funds helped the Straits Times Index set a second consecutive all-time high yesterday, but worries over possible trading curbs and Stock Exchange of Singapore (SES) intervention
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  • Article
    Lock icon Brokers put trading curbs on clients
    438 1  -  Surge in market turnover pnts strain on balance sheets By Ven Sreenivasan [SINGAPORE] Many broking houses are beginning to impose trading curbs as their balance sheets and bank credit facilities face the strains of the sharp Increase in market turnover. Several brokerages told BT
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      Lock icon Page 1 Advertisements Column 1
      169 1 IM HIDE Upturn in affice rentals Prime office rentals are expected to remain in the lows of about $5.50 psf a month in Q2 but CB Richard Ellis sees an upturn in the second half of this year, Pf 4 DBS Bank share prices both Foreign and Local have pulled
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      47 1 Fond to help companies expand abroad, Pg 2 Temasek consulted in purchase of APL, Pg 2 Nurturing world class players, Pg 3 268 Allied Components' IPO stunner, Pg 15 Keppel Land 30% stake in 51m share ITI3kCS itS Keppel Harbour placement project p M 1 move SJ!
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      123 1 Market reports, Pg 20-24 B V LG A R I CONTEMPORARY ITALIAN JEWELLERS C 5 s 1 o v Y The Trika v i tE* v i c> £3 VZ_C A R I BVLG A R 1 BVI_C, A R. X i V C /X »< I li N/ I
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      6 1 Editorial: The penny-stock mania, Pg 13
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  • INTERVIEW WITH S DHANABALAN
    • Article
      Lock icon Temasek sets up fund to help local companies expand abroad
      556 2  -  Century Private Equity Hldgs, with initial $100 m, is like venture capital firm By Conrad Raj AS part of its commitment to help local companies, Temasek Holdings has formed an entity called Century Private Equity Holdings Pte Ltd. Akin to
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    • Article, Illustration
      Lock icon Temasek consulted in NOL's purchase of APL
      876 2  -  Dhana: We should be prepared to recruit from the world By. Patrick Daniel NEPTUNE Orient Lines closely consulted Temasek Holdings on its strategic business plans before embarking on the multi-billion dollar purchase of APL, Temasek chairman S Dhanabalan disclosed in an interview. And
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    • Article
      Lock icon Temasek companies vs GLCs: There's a difference
      317 2 FOR most Singaporeans, government linked companies (GLCs) are all mostly the same. But for government holding arm Temasek Holdings, there are GLCs and GLCs. Or more precisely, there are Temasek companies and the rest of GLCs. By the definition of the current management
      317 words
    • Article
      Lock icon Target: Positive SVA in three years
      400 2 Consultants working on 'shareholder value added' benchmarks TEMASEK Holdings chairman S Dhanabalan would like to see all governmentlinked companies (GLCs) in the Temasek stable turning in positive shareholder val-ue-added (SVA) within a three-year timeframe. "We've told the companies that we'll monitor their performance and
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    • Article, Illustration
      Lock icon Should GLCs compete?
      355 2 NOTABLE Quotes have 1/1/ made it clear to Temasek companies that while we have no objection to them diversifying into other areas, we want (them) to discuss with us and convince us that they need to go in that direction. We are not against the companies going
      355 words
    • Article
      Lock icon On good governance, chairmen and CEOs
      591 2 H A S a general rule, we have now adopted the apL proach that the chairmanship and CEO leaderJLXship should be separate. We're going to work towards that. I'm not saying that we're going to do this overnight but wherever the opportunity arises and
      591 words
    • Article
      Lock icon Banking — then and now
      237 2 Banking then and now ii T FEEL like Rip van Winkle. The banking world I has changed. I can't recognise the bank that I left -Las EVP (executive vice-president) 20 years ago. Not just the institution, banking as an industry has changed beyond recognition. When we started DBS Bank's commercial
      237 words
    • Article, Illustration
      Lock icon Nurturing world class players
      2896 3  -  Temasek will let the companies in its stable be run in the best interest of shareholders, with the holding company only laying down broad principles Hy Conrad Raj IT is, you could say, the mother of all holding companies. Temasek Holdings, which today celebrates the 25th
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Workers with lower skills at risk, says NTUC
      316 4  -  Even with economy picking np, they face structural unemployment By< Audrey Tan LOWER-SKILLED workers still risk becoming structurally unemployed, despite the economic turnaround, says the National Trades Union Congress (NTUC). NTUC deputy secretarygeneral Heng Chee How said in a press briefing yesterday
      FILE PHOTO  -  316 words
    • Article
      Lock icon Office rentals set to rise in H2: CB Richard Ellis
      510 4  -  Quality buildings are already asking for higher rents By, Ang Wan May PRIME office rentals are expected to remain in the lows of about $5.50 per sq ft a month in the second quarter of this year but CB Richard
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    • Article
      Lock icon Nine out of 22 auction properties sold
      214 4 WITH all the money tied up in the stock market, only nine out of 22 properties were sold at two auctions yesterday. "The crowds were less than at previous auctions and bidding was also more reserved. We think it's because most people have
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    • Article
      Lock icon No need to amend hotel policy now
      851 4  -  MATT.BAQ Michael T H Lim Deputy Director Marketing Communications Singapore Tourism Board I REFER to the article "Let market forces save the hotel industry" (BT, June 8) by Lee Han Shih. The policy to safeguard hotel sites was introduced in 1997 with several
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    • Article
      Lock icon UOB (F), OCBC (F) deals a letdown
      194 4  -  A S Khaled via Internet Brunei Darussalam THE compensation packages announced by United Overseas Bank and OCBC Bank for their Foreign shareholders are extremely disappointing. I bought the Foreign shares of these two banks when the Local shares were selling at nearly 40
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    • Article
      Lock icon Thanks for 'windfall' formula
      67 4  -  Anthony Kuok via Internet Singapore I REFER to the article entitled "Windfall awaits DBS preference shareholders" (June 22,1999). Hats off to Ms Siow Li Sen for pointing out the "formula" for maximising the number of additional shares to which applicants can subscribe. I am sure many
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    • Article, Illustration
      Lock icon Big productivity gains in Q2 seen
      322 4  -  EYE ON THE ECONOMY Productivity By Audrey Tan SINGAPORE should make massive productivity gains this quarter which will underpin its export recovery, says Credit Suisse First Boston (CSFB). CSFB economist PK Basu says that spectacular gains in retained imports up a dramatic 31 per
      Source: CSFB  -  322 words
    • Article
      Lock icon Goldman Sachs to relocate office to One Raffles Link
      303 4  -  S'pore operations to see doable-digit rise in staff strength By. Aug Wan May GOLDMAN Sachs will be relocating to Hongkong Land's One Raffles Link at Marina, in anticipation of a doubledigit increase in staff strength. Richard Gnodde, president of Goldman Sachs
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    • Article, Illustration
      Lock icon Last Yew Mei Green units for sale
      289 4  -  By: Marissa Chew NTUC Choice Homes (NCH) will be releasing the last 83 units at its Yew Mei Green executive condominium this weekend following the good response to the first phase of its relaunch last weekend. The developer will sell the units in
      FILE PHOTO  -  289 words
    • Article
      Lock icon 2 freehold properties up for tender
      238 4  -  By Carol Eng TWO freehold properties are up for tender sale a service apartment block in Joo Chiat and a mixed development site in Balestier. The three-storey Joo Chiat property comprises three studio and three maisonette apartments to be sold fully furnished. "In line
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    • Article
      Lock icon Philips communications arm may turn profitable this year
      375 5  -  COMMUNICASIA99 Measures to cut costs, successful launches of products give company a boost Teh Hooi Ling PHILIPS Consumer Communications (PCC), whose losses dragged down its parent's global operating profit last year, is turning around and "may go profitable" this year, PCC vice-president
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    • Article
      Lock icon ICO upbeat on satellite handphones
      401 5  -  By' Teh Hooi Ling ICO Global Communications, in which Singapore Telecom has a stake, aims to carve out 25 per cent of the satellite mobile phone market which it thinks will cover 30 to 40 million users by 2005. And the company, which hopes to
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    • Article
      Lock icon Net will change all rules of business: Fortune tech editor
      397 5  -  Only way for firms to survive the future is to be Net-ready By\ Raju Chellam THE Internet is laying the foundation of a new industrial order and has the potential to completely change all the rules of business, according to
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    • ON THE SIDELINES
      • Article
        Lock icon Apocalypse soon?
        111 5 HOW do you leave four info-communications experts speechless? At a career seminar organised by the TAS, a pre-university student had 200 other students sniggering and a distinguished industry panel wide-eyed in awkward silence when he took the floor during question-and-answer time. The gangly lad told the panelists that
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      • Article
        Lock icon 'Tis the season for tech meets
        75 5 IT is ironic, or ominous, that this week is packed with a slew of high-tech conferences and exhibitions in Singapore. Tuesday saw the launch of CommunicAsia99. On Wednesday, two other events Scan-Tech Asia '99 Exhibition and Conference and Info Security Asia opened at Suntec
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      • Article
        Lock icon IDD free-for-all
        80 5 MAKE free phone calls to the US. What better way is there to lure visitors at CommunicAsia to test your technology? Cisco Systems had a queue of people waiting to check out its Voice Over IP (Internet protocol) at Hall 5 with this tempting offer. The voice clarity
        80 words
      • Article
        Lock icon Making light of Lucent
        76 5 LUCENT Technologies thinks we are making "light of a serious effort to position Singapore on the global info-com map" when we awarded them best media smoocher for flying in 45 journalists from the Asia-Pacific region to attend the opening of its training and support centre and
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    • Article
      Lock icon Wireless products in the spotlight
      316 5  -  Byi Chen Huifen, Justyn Olby, Toh Han Shih IN keeping with the spirit of cyberspace, a virtual salesman was showcased at CommunicAsia. This virtual salesman, Net Spirit, was the creation of a six-month-old Singapore company, Net2l. Net Spirit gives e-shopping a personal touch by appearing
      316 words
    • Article, Illustration
      Lock icon Pre-U students shown career path to a 'cool' company
      339 5  -  By i Catherine Ong KENT Ridge Digital Labs (KRDL) has spawned 15 companies in the last five years, including Third Voice, a company currently making waves in Silicon Valley. Dr A Desai Narasimhalu, KRDL senior director, said the success of Third
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      408 5 ■kM iS I 11 ■IwTTTt HH HH irtffl &GOLF WITH PLEASURE N Meetings should always be fun and pleasurable. At Hainan Mandarin, we've just the package for you! USD 160* Nett Per Person m June 1 November 30, 1999 3Days/2Nights' Superior Room accommodation Half day use of Meeting Room with
      408 words
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  • ASIA ON THE MEND
    • Article, Illustration
      Lock icon KL stock index breaks 800-point barrier
      541 6  -  Central bank's upbeat forecasts boost market confidence From, Diana Oon Abdullah in Kuala Lumpur THE Malaysian stockmarket's main index crossed the 800-point barrier yesterday, a day after the central bank said growth for the year could surpass the official forecast. The Kuala Lumpur Composite
      Source: Bloomberg  -  541 words
    • Article, Illustration
      Lock icon Worst is over for Indon economy, says Habibie
      368 6 AFP [JAKARTA] Indonesian President B J Habibie said yesterday the economy had passed its worst and was on the path of recovery, but warned that political stability held the key to continued growth. "After about one year, steps taken to restore the
      AFP; REUTERS  -  368 words
    • Article
      Lock icon Indonesia still faces potential risks: Fitch IBCA
      182 6 Bridge News [HONGKONG] Indonesia still faces potential downside risks and, without a prolonged period of stability, It will be difficult for the government to proceed with the restructuring of the financial sector, David Marshall, Fitch IBCA managing director for Asian financial institutions, said
      Bridge News  -  182 words
    • Article
      Lock icon M'sian auto sales down 10% in May – first fall in 4 months
      379 6 M'sian auto sales down 10% in May first fall in 4 months Bat total sales of 21,000 still twice year-ago figure Bloomberg [KUALA LUMPUR] Malaysian vehicle sales in May fell for the first time in four months, as a decline in interest rates slowed. Total vehicle sales, including cars and
      Bloomberg  -  379 words
    • Article
      Lock icon Japan risks wrath of neighbours by hammering yen
      507 7 Tokyo could face chorus of complaints if nnit ne&rs 130 level: economist Reuters [TOKYO] If Japan pushes too hard in its efforts to weaken the yen and boost its economy, it could hinder other Asian nations from using exports to revive their
      Reuters  -  507 words
    • Article, Illustration
      Lock icon IMF sees sustained Asian recovery
      403 7 AFP [HONGKONG] A widespread and sustained economic recovery in Asia will very likely take off this year, the International Monetary Fund's Asia-Pacific director Hubert Neiss said yesterday. "There is a good chance that the recovery will take off and be sustained," he said. The IMF
      AFP  -  403 words
    • Article
      Lock icon Thais doubt recovery on its way: researchers
      257 7 Rising joblessness, spiralling bad loans, poor exports cited AFP [BANGKOK] More than 82 per cent of Thais doubt government assurances of economic recovery this year, according to research published yesterday, undermining official claims consumer confidence is returning. Rising unemployment, sluggish exports and spiralling
      AFP  -  257 words
    • Article
      Lock icon Fitch IBCA raises Thai credit rating
      167 7 Reuters [LONDON] Rating agency Fitch IBCA said yesterday that it had raised Thailand's credit rating to investment grade due to a marked improvement in the country's external debt and liquidity situation. Thailand's long-term foreign currency rating was raised to 888 minus from BB plus.
      Reuters  -  167 words
    • IN Brief
      • Article
        Lock icon Thailand plans industrial fair
        62 7 AFP [BANGKOK] Thailand unveiled plans yesterday for a grand industrial fair in a bid to boost economic recovery as it emerges from the worst recession on record. The fair, to be held between Feb 3 and 17 next year, will take place in the outskirts of
        AFP  -  62 words
      • Article
        Lock icon Ibra may seize 46t rupiah of assets
        73 7 Reuters [JAKARTA] The Indonesian Bank Restructuring Agency said yesterday that it could seize assets worth up to 46 trillion rupiah (5111.5 billion) from bad debtors who fail to meet an Aug 30 deadline for a repayment plan. Deputy chief Eko Budianto said that
        Reuters  -  73 words
      • Article
        Lock icon Thai economic data due next week
        40 7 Bloomberg [BANGKOK] Thailand's central bank will unveil its monthly report of economic indicators on June 30 at 3pm local time. The report will include figures on private investment, manufacturing production and capacity utilisation. Bloomberg
        Bloomberg  -  40 words
      • Article
        Lock icon BNI to lay off 700 workers
        52 7 AFX-Asia [JAKARTA] Bank Negara Indonesia is planning to lay off 700 employees of its total workforce of 14,000, corporate planning director Saifuddin Hasan said in a Bisnis Indonesia report yesterday. Mr Hasan said the lay-off programme will include 263 employees working at BNI overseas
        AFX-Asia  -  52 words
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      130 6 yv FS likJ flf 1 ulmiai The 1999 BMW 7 Series and its closest rival: a side-by-side Truth be known, the 1999 BMW 7 Series remains unequalled in more than its may be a new concept to ot impressive body length of 5,124 mm. Because within the luxurious expanses have
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      119 7 tH m rj; H c *u Ik u -i WM j j V# I 1 __j rr— 1,1 ..I, i Series and its closest rival: a side-by-side comparison. Balled in more than its may be a new concept to our rival, serious motorists ..^FVI He luxurious expanses have always expected
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Thai Budget not enough to push recovery: analysts
      680 8  -  Govt proposing 2% deficit in 860b b&ht Budget; expenditure to rise 4.2% Reports from Harish Mehta in Bangkok THAILAND'S Parliament began a two-day debate yesterday to pass a 860 billion baht (5539.9 billion) Budget for 1999-2000 aimed at reducing the impact of
      AFP  -  680 words
    • Article
      Lock icon Sell Thai embassy site in S'pore: opposition leader
      386 8 BANGKOK Minister says offers for the embassy land were not high enough THAILAND, which has offered for sale its embassy sites in London and Bonn, should also sell its prized embassy in Singapore, a leading Thai opposition leader said yesterday. Samak Sundaravej,
      386 words
    • Article
      Lock icon Dr M keeps mum on date but says NF is set for polls
      523 8  -  Analysts: Window of opportunity could be limited to Aug, Sept From Eddie Toh in Kiuila Lumpur MALAYSIAN Prime Minister Mahathir Mohamad continued to keep the election date close to his chest but he said that the ruling
      523 words
    • Article
      Lock icon SET to use new method to calculate index
      327 8 BANGKOK Bridge News THE Stock Exchange of Thailand (SET) board of directors late Wednesday resolved to adopt a new method for calculating the market index to prevent closing-price manipulation by market participants, a SET official said yesterday. The new method will become
      Bridge News  -  327 words
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      963 8 GPE Industries Limited (Incorporated in the Republic of Singapore) Unaudited Results for the Year ended 31 March 1999 The Board of Directors of GPE Industries Limited is pleased to announce the unaudited consolidated results of the Group for the year ended 31 March 1999 as set out below: The Group
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon New lending soars as HK mortgage war intensifies
      385 9 HONGKONG New loans op 50.4% to HKsl££b in May from April's HKSOKHKIU Reuters [HONGKONG] New mortgage lending in Hongkong rose 50.4 per cent in May from the previous month as a mortgage price war intensified, the Hong Kong Monetary Authority said yesterday.
      Reuters  -  385 words
    • Article
      Lock icon HK's April retail sales down 10%
      384 9 HONGKONG April slide to HKsl43b is 18th month of decline Bloomberg HONGKONG retail sales extended their slide in April, as the recession crimped sales of companies such as Dickson Concepts (International) Ltd. Total retail sales sank 10 per cent to HKSI4.3 billion (Ss3.l billion)
      Bloomberg  -  384 words
    • Article
      Lock icon Consumer confidence in China rising: report
      270 9 SHANGHAI AFP CHINA'S closely watched consumer confidence levels are rising, the official China Securities reported yesterday, with official surveys in May showing key indices up for the third straight month. "Consumers' view of the future is becoming more and more optimistic," the report said,
      AFP  -  270 words
    • Article
      Lock icon Unilever cuts expat staff
      122 9 SHANGHAI Bloomberg UNILEVER NV, the world's largest maker of packaged foods and personal-care and cleaning products, said it has started replacing expatriates with Chinese managers in order to better reach the local market. The Anglo-Dutch company is reducing the number of expatriates in China to 20
      Bloomberg  -  122 words
    • Article
      Lock icon China drawing up new policies to attract foreign investment
      363 9 BEIJING AFP, Reuters FACED with slowing investment growth and tough export markets, China will draw up preferential policies to encourage foreign investment and improve export rebate rates, a senior official said. Laws and regulations unfavourable to the operations of overseas-funded ventures
      AFP,; Reuters  -  363 words
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      79 9 Highly successful U.K. based International Software Company wishes to appoint an agent in Singapore, to handle world class Group Reporting and Consolidation Software (FALCON) plus International Financial Management Software. (MERLIN) See Website for further details WWW.dillontec.co.uk Phone/Fax/Email your interest to the Chief Executive to arrange meetings in Singapore, week commencing
      79 words
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      184 9 t Walk through f fresh fields r of flowers 7 everyday y SUNDAY, 27 JUNE 1999 r P" TUDOR BALLROOM GOODWOOD PARK HOTEL ■5) J VIEWING: 10 am -11.45 am V AUCTION: 12 pm SHARP y |}i ii>lilcti your day with a llowcr-sUvwu Tabriz A 01 kcrmau, or auv of
      184 words
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  • ASIA
    • Article
      Lock icon Restructuring is Japanese investors' chief concern
      519 10 TOKYO But they are likely to be disappointed as firms nnlikely to follow through plans Bloomberg WHEN shareholders of more than 1,600 Japanese companies meet over the next week for their annual meetings, one topic corporate reorganisation will dominate discussions. From NEC Corp and
      Bloomberg  -  519 words
    • Article, Illustration
      Lock icon Unionists protest against Daewoo restructuring
      47 10 (SEOUL) Union members of the Daewoo group's shipbuilding unit yesterday shouting slogans during a rally against the company's restructuring plan at the Korea Exchange Bank in central Seoul. About 500 protesters demanded job security and a stop the company's restructuring plan. REUTERS
      REUTERS  -  47 words
    • ASIA Notes
      • Article
        Lock icon Just crawling at the bottom
        74 10 Reuters [TOKYO] Japan's Vice Trade Minister Osamu Watanabe said yesterday that sales at the country 's large stores had bottomed out, but added it was too early to be optimistic about the stores' sales outlook. Asked about a 3.9 per cent year-on-year fall in sales
        Reuters  -  74 words
      • Article
        Lock icon Korea First Bank to get US$4.3b
        39 10 AFP [SEOUL] The government promised yesterday to inject US$4.3 billion (557.3 billion) into Korea First Bank in two weeks as talks on its delayed sale to a foreign buyer ran into trouble. AFP
        AFP  -  39 words
      • Article
        Lock icon Govt pumping 10b rupees into Air India
        56 10 AFP [NEW DELHI] The Indian government is planning to infuse 10 billion rupees (***** million) into ailing Air India, Civil Aviation Minister Ananth Kumar said yesterday. He said the cash injection would help make Air India "commercially viable" before the government moves to
        AFP  -  56 words
      • Article
        Lock icon Telstra told to cut rates
        51 10 Bloomberg [SYDNEY] Telstra Corp, Asia's second largest phone company, has been told by the industry's regulator that it should cut the rate it charges rivals for using its telephone network, in a move likely to trigger a 15 per cent cut in long-distance phone calls.
        Bloomberg  -  51 words
      • Article
        Lock icon Renewed business confidence in Korea
        38 10 Bridge News [SEOUL] A survey conducted by South Korea's central Bank of Korea found that Korean business people believe the country's economy will rebound strongly in July-Sept compared with previous quarters. Bridge News
        Bridge News  -  38 words
      • Article
        Lock icon Aussie warning
        32 10 Reuters (CANBERRA] Australian Trade Minister Tim Fischer said Australia stood ready to complain to the World Trade Organisation if the US imposed restrictions on Australian and New Zealand lamb exports.—Reuters
        Reuters  -  32 words
    • Article
      Lock icon Pakistan signs up with software rivals
      438 10 LAHORE Microsoft and Oracle to help train 6,000 IT professionals Reuters THE world's top two software rivals will help Pakistan train up to 6,000 certified information technology professionals next year, a government official said. Jawaid Ghani, chairman of the Punjab Information Technology Board, said
      Reuters  -  438 words
    • Article
      Lock icon S Korean environment minister quits over US$20,000 donation
      236 10 mSEOUL Reuters SOUTH Korean Environment Minister Son Sook resigned yesterday because of a public outcry over her acceptance of a US$2O,OOO (5534,040) donation from businessmen, the presidential Blue House said. "I believe we've accepted the resignation of Minister Son this afternoon," said
      Reuters  -  236 words
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      316 10 lr j^ «hd< .4^'" i ii r WsM jyiijji T±yijg«i: m ?r«| |7 1 f iff ''■9VVWVHV9VVVV^WY99V9VIH9finV9PIffV^H -1 Spend $20 minimum at any Grand Draw Participant's outlet (see list below) to win the Pajero Mini. IMiiLlJl'tl ifM '1 ifiYi'l'l IHIMH ill ilfl Vl'J fl'l > M Please circle the correct
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      145 11 I I imVe iVtS I I H A m NASOAQ i PCNTF I Internet^ I Singapore Hong Kong Philippines Australia I h i. *,'<»''■< I It's official. Singapore's best Internet Service Provider is now the Ist1 st I and only to be awarded the prestigious Reader's Choice Award 1999 by
      145 words
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  • THE WORLD
    • Article
      Lock icon US Q2 profits outlook good: Goldman strategist
      605 12 NEW YORK Stocks have room to rise farther with economic and profit expansion, she says Reuters MARKET guru Abby Joseph Cohen. Goldman Sachs' chief US market strategist, said on Wednesday the corporate profit outlook for the second quarter looked solid. In an interview
      Reuters  -  605 words
    • Article
      Lock icon Ex-Bankers Trust derivatives dealer faces Fed charges
      410 12 WASHINGTON Bloomberg A FORMER Bankers Trust New York Corp derivatives trader faces a potential civil fine and related penalties for his involvement in sale of leveraged derivatives that cost two Indonesian companies more than US$lOO million (Ssl7o million) the Federal Reserve Board said.
      Bloomberg  -  410 words
    • Article, Illustration
      Lock icon Fodder for protest
      47 12 [ATHENS] A Greenpeace activist dressed as a chicken displays a banner which reads "Ban Dioxins" during a demonstration in Athens yesterday. The activists demanded stricter controls regarding imports and use of genetically modified animalfodder in order to protect public health and the environment. REUTERS
      REUTERS  -  47 words
    • Article
      Lock icon US May durable orders up on aircraft, car demand
      423 12 U WASHINGTON 1.4% rise seen having little effect on FOMC meeting Reuters STRONG demand for commercial aircraft and new cars boosted US orders for costly manufactured goods in May after an April slump, the Commerce Department said yesterday. Orders for all
      Reuters  -  423 words
    • Article
      Lock icon Merrill Lynch fund manager bullish on Europe
      228 12 NEW YORK Bloomberg ANDREAS Utermann, who manages Merrill Lynch Co's Mercury Pan-European Growth Fund in London, says he is bullish on Europe's growth prospects. Mr Utermann said on Wednesday that he has been buying shares of medium-size and large European companies, as some
      Bloomberg  -  228 words
    • Article
      Lock icon Tietmeyer upbeat on German growth
      474 12 MUENSTER, Germany Positive signs of further recovery, prices have bottomed Reuters BUNDESBANK president Hans Tietmeyer said yesterday the German economy was showing increasingly positive signs of a further economic recovery while the price outlook remained favourable. Prices had bottomed out and a continued fall in
      Reuters  -  474 words
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      387 12 One English-language business paper tells you more about corporate Japan than all the local dailies put together. V%|l i v •< p* <** -"A m li| v I AN EXQUISITE WATERMAN BALL-POINT PEN J H IcjH H f THE JAPAN BUSINESS DATABOOK NIKKEI'S INDUSTRIAL STATISTICS GUIDE ENJOY JAPAN NIKKEI'S ENGLISH
      387 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Contrarians in the age of market herds
      828 13  -  TUB BOTTOM UMB OPINION By Tan Chin Hwee ("In The Zone" by Dr J Mitchell Perry and Steve Jamison) The writer is a fund manager. This article is reprinted with permission from The Asset, June 1999 issue THOSE who have enough first-hand experience
      828 words
    • Article
      Lock icon IN OTHER WORDS
      126 13 It would be an unusual gun company that doesn't have a dozen lawsuits a year against it This is America' Paul J&nozzo general counsel for Glock, one of the largest US handgun makers, as cities file suits seeking damages for extra police and hospital costs resulting from
      126 words
    • Article
      Lock icon The penny-stock mania
      575 13 EDITORIAL DURING recent weeks, so-called penny stocks and warrants listed on both the main board and Sesdaq have stolen the limelight in terms of both volume and price changes, with double-digit percentage increases in a single day being not uncommon. So intense has been the fever that
      575 words
    • Article, Illustration
      Lock icon Can a great economist be a great politician too?
      965 13  -  Larry Summers, top m&croeconomist, most now also be an effective US Treasury secretary By: Paul Samuelson The writer is an economist at the Massachusetts Institute of Technology AS secretary of the treasury for most of President Clinton's term of office, Robert
      FILE PHOTO  -  965 words
    • Article
      Lock icon WHAT THE OTHERS SAY
      192 13 Why Timor vote is argßOt THE United Nations' decision to delay the independence vote in East Timor is not unexpected, given the atrocities apparently still going on there Observers say that while hordes of refugees flee from village to village to escape violence, there is little
      192 words
    • Article, Illustration
      Lock icon Jumpy US bond market refuses to be calmed
      775 13  -  COMMENTARY By< Caroline Baum in New York A BAD case of nerves. That's what's bothering the biggest bond market in the world these days. A typical trading day in the US Treasury market starts something like this: Someone hears that someone said
      775 words
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  • Page 14 Advertisements
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      79 14 P j:^^oogo> Vi. y j rs\ />r\ fe&n I +;4ji I J s sa ffj y 4 J J f) I V 2.0 litre DOHC ENGINE 150 PS REAL TIME 4WD ELECTRIC GLASS SUNROOF AUTOMATIC CLIMATE CONTROL DUAL SRS AIRBAG ABS ALLOY RIMS Discounts of up to SB,OOO with bookings
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  • COMPANIES & MARKETS
    • Article
      Lock icon KepLand to take 30% of Keppel Harbour project
      463 15  -  Plans also for placement of new shares to parent to raise $159 m fty Wong Wei Kong [SINGAPORE] Keppel Land yesterday announced plans to take up a 30 per cent stake in the Keppel Harbour redevelopment project and a place- ment of
      463 words
    • Article
      Lock icon DBS share prices now in a league of their own
      650 15  -  Bank seen as a clear winner in the regional recovery By\ Siow Li Sen (SINGAPORE) DBS Bank share prices both foreign and local have pulled way ahead of the other banks from a month ago as investors rerate the bank
      650 words
    • Article
      Lock icon A dose of sober realism for Venture share price?
      804 15  -  HOCK LOCK SICW Louis Beckerling AN overdue retreat appears to be under way from the giddy heights reached by the Venture Manufacturing share price. More of the same could be in store for other market high-flyers. In sharp contrast to the
      804 words
    • Article, Illustration
      Lock icon Allied Comp IPO 268 times subscribed
      336 15  -  But take-up rate for LOne.Net oat only today By, Jennifer Lien [SINGAPORE) Buoyed by the latest bull run, contract manufacturer Allied Components' initial public offering was subscribed 268.6 times the highest for many years while the much-awaited subscription for i-One.Net's offer could not be
      FILE PHOTO  -  336 words
    • COMPANIES
      • Article
        Lock icon Global investors take up NEL's convertible bonds
        255 16  -  The USs2som issue is 1.5 times subscribed: Merrill Wong Wei Kong [SINGAPORE] Contract manufacturer Nat Steel Electronics Ltd's (NEL) US$25O million convertible bond issue was 1.5 times subscribed by international investors when the placement ended on Wednesday, Merrill Lynch Co, which had arranged
        255 words
      • Article
        Lock icon Chevalier sees operating profit rising 10% in 1999
        296 16 Income from maintaining and servicing lifts to boost figure Bloomberg [SINGAPORE] Chevalier Singapore Holdings Ltd, the largest lift installer for private buildings in the island, expects operating profit to rise by at least 10 per cent in the current fiscal year, buoyed
        Bloomberg  -  296 words
      • Article, Illustration
        Lock icon Eastern Pub to invest $4-5m in cyber business
        365 16  -  New venture expected to account for 30-40% of profit in 18 months Annette Pau [SINGAPORE] Sesdaq-listed Eastern Publishing (EPL) is the latest to join the current ".com" craze on the stock market with its plans to invest some $4-5 million to expand
        Source: Bloomberg  -  365 words
      • Article, Illustration
        Lock icon FHTK, bankers in 'standstill' agreement
        243 16 [SINGAPORE) Fruit and vegetable wholesaler FHTK Holdings and some of its subsidiaries yesterday signed a "standstill" agreement with their bankers. Under this agreement, the banks will "refrain from taking certain action" against the company and its subsidiaries. The agreement is for a maximum period of
        FILE PHOTO  -  243 words
      • Article
        Lock icon Goldtron believes it can continue as going concern
        398 16  -  It cites banks' support pending ontcome of revamp By\ Conrad Raj [SINGAPORE] Contract manufacturer Goldtron Ltd yesterday responded to the Stock Exchange of Singapore's concern over its viability as a going concern. "The directors take the view that there are reasonable grounds
        398 words
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        Lock icon Amara's PE above 200 as it hits another year-high
        322 16  -  Counter way ahead of fundamentals, say analysts By < Carol Eng [SINGAPORE] Looking more like an Internet stock than a hotel counter, Amara Holdings currently trades at a price-earnings ratio of more than 200 times and topped yet another year-high yesterday.
        Source: Bloomberg  -  322 words
      • Article
        Lock icon Clipsal cautious on '99 results, upbeat on next year's
        341 16 [SINGAPORE] Electric switch maker Clipsal Industries expects this year's earnings to be similar to or slightly better than last year's, with a significant improvement coming only next year. Speaking to reporters after the group's annual and extraordinary general meetings yesterday, chairman
        341 words
      • Article
        Lock icon Seksun, Ultro, Wee Poh to place out $30m new shares
        385 16  -  Seksun to raise $8.3 m; Ultro $16.2 m; and Wee Poh $6.47 m David Boey [SINGAPORE] Three companies yesterday announced share placement plans that would raise a total of $30 million. Mainboard-listed Seksun Precision Engineering and Ultro Technologies will raise
        385 words
      • Article
        Lock icon Avimo to move HQ to UK as part of reorganisation
        267 16 [SINGAPORE] Aerospace optic and laser system maker Avimo Group Ltd (AGL) plans to relocate its headquarters from Singapore to the UK as part of a corporate reorganisation. The reorganisation, which will take effect from October, will see the creation of
        267 words
      • COMPANY Briefs
        • Article
          Lock icon Panpac Media NTA at 0.92 cents
          104 16 [SINGAPOREJ The net tangible asset backing per share of Sesdaq-listed Panpac Media for the year ended March 31 this year was 0.92 cents, down from 2.06 cents previously. This was revealed last night by the company in its amended proforma ftill financial year statement.
          104 words
        • Article
          Lock icon Tuan Sing ups stake in Aussie hotel unit
          146 16 [SINGAPORE] Tuan Sing Holdings has again upped its stake in its Australia-listed associate Grand Hotel Group (GHG), this time by buying 1.8 million shares. Its Australian subsidiary Tuan Sing (Australia) Pty paid A 51.46 for each share or a total of A
          146 words
        • Article
          Lock icon Seven directors quit Liang Court board
          137 16 [SINGAPORE] Seven Liang Court directors, including former chief executive officer Koh Boon Hwee, resigned yesterday. The move comes after Rothschilds Sons last week advised Liang Court shareholders to reject Pidemco Land's bid to buy their shares and warrants at 63 cents and one cent
          137 words
      • COMPANY Briefs
        • Article
          Lock icon Hutchison to boost stake in VoiceStream
          66 17 Bloomberg [HONGKONG] A decade after its first overseas mobile phone business flopped, Hutchison Whampoa Ltd said yesterday it will spend US$957 million (Ssl.6 billion) to boost its stake in Voice Stream Wireless Corp to 30 per cent from 24 per cent, part of Voice
          Bloomberg  -  66 words
        • Article, Illustration
          Lock icon Toymaker Hasbro's no small potato
          66 17 Reuters [NEW YORK] New York Stock Exchange chairman Richard Grasso (centre) is joined by Hasbro chairman Alan Hassenfeld (right) and Mr Potato Head (left) at the ringing of the opening bell at the NYSE on Wednesday. The event was staged to mark the initial listing
          Reuters  -  66 words
        • Article
          Lock icon Pearson to sell Lazard stake for £410m
          48 17 Bloomberg [LONDON] Pearson pic, the world's No 1 educational publisher, plans to sell its Lazard Group stake for £410 million (Ssl.l billion) to a holding company indirectly controlled by partners in Lazard, as the investment bank undergoes a global restructure. Bloomberg
          Bloomberg  -  48 words
        • Article
          Lock icon BAe to take £250m pretax charges
          77 17 Bloomberg [LONDON] British Aerospace pic said it will cut 1,400 jobs and take pretax charges totaling £250 million (Ss67l million) this year and next as it invests in engineering processes and cuts manufacturing jobs. It said the reorganisation will result in pretax exceptional charges
          Bloomberg  -  77 words
        • Article
          Lock icon AMD sees big Q2 loss, lower chip sales
          89 17 Reuters [SUNNYVALE, California] Advanced Micro Devices Inc, Intel Corp's main rival in microprocessors, said on Wednesday it would post a much larger than expected loss for the second quarter, citing a sharp decline in prices and lower shipments for its K6 processors.
          Reuters  -  89 words
        • Article
          Lock icon Five groups in One-2-One bid shortlist
          59 17 Reuters [LONDON] A shortlist of five telecommunications groups had lodged bids for One-2-One when a bidding process ended in Britain on Wednesday, the Financial Times reported yesterday. The five were Deutsche Telekom, France Telecom, Mannesmann, Vivendi and Telecom Italia Mobile, it said. One-2-One was
          Reuters  -  59 words
      • Article
        Lock icon PacNet may speed up regional expansion drive
        437 17 It may move into ISP market in Japan, Thailand, Korea as early as this year Bloomberg [TAIPEI) Pacific Internet Ltd, Asia's first Internet company to trade in the US, said it may ramp up its region-wide expansion drive ahead of schedule. The Singapore
        Bloomberg  -  437 words
      • Article
        Lock icon MAS soars 10.3% on new shareholder talk
        278 17 Bloomberg [KUALA LUMPUR] Shares of Malaysian Airline System Bhd (MAS) surged 10.3 per cent to a 22-month high on speculation the nation's debtladen dominant carrier will get a new shareholder. "Expectations of a restructuring and the possibility of a new shareholder" are driving
        Bloomberg  -  278 words
      • Article
        Lock icon Rabobank's $1b medium-term note
        245 17 [SINGAPORE] Rabobank. the Dutch co-operative, yesterday launched a $1 billion me-dium-term note (MTN) programme in Singapore to tap funds for its banking business. The issue is jointly arranged by DBS Bank and Rabobank International. Earlier this month, US insurance group John Hancock tapped the Singapore dollar
        245 words
      • Article
        Lock icon Proton posts surprise profit with govt measures
        537 17 Gains fall 85% to RM66.Bm against expectations of a loss Bloomberg Bernama [KUALA LUMPUR] Perusahaan Otomobil Nasional Bhd, Malaysia's biggest carmaker, posted a surprise profit in its fiscal year as the government's moves to lower interest rates and ease financing rules boosted car
        Bloomberg; Bernama  -  537 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Morgan Stanley Q2 profit up 35% on jump in trading
        344 18 Broad business mix helped it beat forecasts to post USsl.2b net gain Bloomberg [NEW YORK] Morgan Stanley Dean Witter Co, the biggest US securities firm by equity capital, said secondquarter earnings rose 35 per cent to a record as trading,
        Bloomberg  -  344 words
      • Article
        Lock icon Allied Irish Banks to take 80% stake in Bank Zachodni
        284 18 Polish bank has country's 4th biggest branch network Bloomberg [WARSAW] Allied Irish Banks (AIB) Pic, which recently formed a strategic alliance with Keppel Tatlee Bank, has agreed to pay 2.284 billion zloty (*****.8 million) for 80 per cent of Poland's
        Bloomberg  -  284 words
      • Article
        Lock icon Three US banks plan electronic billing venture
        485 18 Chase, First Union Corp, Wells Fargo aim to tap Internet payment market Reuters (NEW YORKJ Three top US banks on Wednesday announced plans to form an electronic billing venture, intensifying the fight to control the flood of payments crossing the Internet every minute.
        Reuters  -  485 words
      • Article, Illustration
        Lock icon HSBC eyes Thailand, Taiwan, Philippines
        333 18 Australia, Japan low on acquisition list, says banking giant Bridge News [CHICAGO] Banking giant HSBC Holdings pic is targeting the retail customer in Thailand, Taiwan, the Philippines and other Pacific Rim countries where it does not now have a solid foothold, said David Eldon, chairman
        Bridge News; FILE PHOTO  -  333 words
      • Article
        Lock icon Big 3 Japan brokers to invest in Nasdaq Japan
        412 18 Bridge News, AFP [TOKYO] Japan's "Big 3" brokerage firms have indicated their intention to invest in the proposed Nasdaq Japan, the Japanese version of the computerised US Nasdaq stock market, Masayoshi Son, president of Softbank Corp, said late Wednesday. Nomura Securities
        Bridge News,; AFP  -  412 words
      • Article
        Lock icon Rise in consumer prices buoys futures
        152 19  -  giMTnr Reports MSCI Singapore Index Christopher A Podbury, Jardine Fleming THE Simsci futures finished yesterday higher, as the first rise in consumer prices in a year raised expectations of an economic recovery. In addition, with the last trading day for the June Simsci contract
        152 words
      • Article
        Lock icon Open interest hits record 30,417 contracts
        202 19  -  MSCI Taiwan fatures Juliana Loo Na Na Refco Singapore OPEN interest for the Simex MSCI Taiwan Stock Index futures hit a record high of 30,417 contracts on Wednesday, surpassing the previous record of 26,941 contracts that was registered on Oct 8,1998. The Simex MSCI
        202 words
      • Article
        Lock icon Oil remains firm after earlier jump on fall in US stockpiles
        262 19 ENERGY REPORT Reuters [LONDON] Oil prices stayed firm yesterday after surging this week on evidence of a large decline in US crude stockpiles. At 1220 GMT, London August Brent blend futures traded up three cents at U5516.66 a barrel
        Reuters  -  262 words
      • Article
        Lock icon CURRENCY REPORT
        324 19 Reuters London THE dollar was firm against the euro yesterday but made its biggest gains against sterling, rallying to its highest in nearly two years against the beleaguered British currency. Speculation about further interest rate cuts in Britain, coupled with expectations that the Federal Reserve will raise US
        Reuters  -  324 words
      • Article, Illustration
        Lock icon Untitled
        1283 19 NTERBANK CROSS RATES > Ju,rj4 AS C$ Rmb Eufo Ff r Dm HK$ Ind Bs tupUh Vni Won RM NZ$ Pak Bs Peso S$ Band Sfr MT$ Baht Pound US$ Australia 0.968 6.178 0.635 4.166 1.242 5.103 28.494 44.365 0.802 7.6M 2.499 1.226 34.045 24.924 1.119 3.972 1.015 21.291 24.123
        1,283 words
      • Article
        Lock icon Untitled
        1875 19 SICOM FUTURES Jun24 RUBBER (futures dosing «t 5.30pm) RSS1 CONTRACT(S centsAg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 99 103.25 100 Aug 99 104.25 300 Sep 99 107.25 100 900 Oct/Dec 99 m.75 1050 Jan/Mar 00 116.50 300 Apr/Jun 00 120.00 RSS 3 CONTRACT (US cents/kg) Volume
        1,875 words
    • Article, Illustration
      Lock icon HONGKONG
      1449 20 AFP n Hang Seng -19&92 HONGKONG share prices fell 1.4 per cent yesterday amid heavy profit-taking and a fall on Wall Street overnight, brokers said. "I think it's a fair consolidation," said BNP Prime Peregrine's Jason Ho. "It's quite natural, even though we are working in the opposite direction
      AFP  -  1,449 words
    • Article, Illustration
      Lock icon CHINA
      604 20 Reuters Shenzhen Blndex +2.67 SHENZHEN'S hard currency B shares closed sharply higher yesterday, powered by active buying interest in high-technology stocks, analysts said. The B share index climbed 2.67 points, or 2.27 per cent, to 120.51 while turnover grew to HK$276 million from Wednesday's HKS2I3 million. B shares were
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  604 words
    • Article
      Lock icon TAIPEI
      341 20 AFP QWP Index +96^9 TAIWAN share prices closed 1.1 per cent higher yesterday to reclaim the psychological 8,500-point level on strong buying of technology shares, dealers said. The Taiwan Stock Exchange Weighted Price Index moved up 96.99 points to 8.589.31 on a turnover of NT5217.07 billion. Investors rushed to
      AFP  -  341 words
    • Article
      Lock icon WORLD STOCK MARKETS
      2346 20 LOHOTH industrials M»2* FoolM 3i Group 7.43 -0.22 A 8 Foods 4.31 -0.14 A B Port! 3.05 -0.04 Alliance Leicester 8 82 -0.18 Allied Domocq 5.96 -0.03 AMad Z jrich 7.92 -0.01 Anqlo American Cold 43.70 unch ASOA Group 2.16 unch Bank of Scotland 8.99 -0.12 Barclays
      2,346 words
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      Lock icon TOKYO
      1645 20 AFP Q Nikkei 225 +4LS7 TOKYO stocks closed 0.2 per cent higher yesterday, driven by rises in high-technology issues, brokers said. The high-tech sector's advance "brightened overall market sentiment'* following a major alliance between NEC Corp and Hitachi Ltd, said Mayumi Araki, equity department manager at Daiwa Securities Co
      AFP  -  1,645 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon KLCI pierces 800-point resistance level
        426 21 AFP, AFX-Asia Q Composite Index +&89 MALAYSIAN share prices rose 0.9 per cent yesterday to breach the 800-point resistance level, buoyed by positive economic growth prospects, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 6.89 points to finish at 801.72 while the Second
        AFP,; AFX-Asia  -  426 words
      • Article
        Lock icon Untitled
        9050 21 INDUSTRIALS Consumer products 1999 Last Vol Day Net Cap High Low Company Sala OOP High Low P/E $mll 380 255 Ajinomoto 360 22.8 145.9 137 46 AnqKasa 114 3 954 118 110 168.1 293 220 Apollo Food Hlq 290 1 9 290 285 10.1 116.0 216 115 BenayaLand 210 2
        9,050 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Lock icon Eltech wrt: chance for an interesting play
        175 22  -  WARRANT WATCH -By R Sivanithy AN interesting play is developing in the soon-to-expire Eltech Electronics warrant. It would be of interest mainly to shareholders but might also prove rewarding to those prepared to take a risk over the next few weeks. The basic
        175 words
      • Article
        Lock icon CLOB INTERNATIONAL
        239 22 HONGKONG STOCKS Cr Or 52W* !-•*< Vol Oay Last Ouot* Dtv CMv YM N»« M Cap High Low Stno Company Sal* (OOOI High Low Buyar Sallar C'vr P/E Smll 365 173 5123 COL (2000) HK 330 *K> 30 330 320 320 335 6 3.7 2.4 t!2 6389 4
        239 words
      • Article
        Lock icon Untitled
        2386 22 BONOS. LOANS i WARRANTS w 52-Wk Last Vol Oay Last Quota Av< Hk)h Low St no Company Sal* *ar- COOOI High Low Buyar SaMar Prtci 98.5 3 3160 -Acer ******1USS ..II 86 2 360 91 84 5 85.5 86.5 80 4 5 s 3164 Acma ******4 74.5 *4.5 5405 80
        2,386 words
      • Article
        Lock icon WELLINGTON
        292 22 AFP T Q Wellington *+25.23 NEW Zealand share prices closed 1.2 per cent higher yesterday on the back of a rebound in Telecom Corp. The NZSE-40 Capital Index gained 25.23 points to 2.129.68 on scanty turnover of NZ$92 million. Telecom ended 27 cents higher at NZ$B.22. —AFP Corp Investmt
        AFP  -  292 words
      • Article, Illustration
        Lock icon BANGKOK
        860 22 Atf n SET Index +Z3B THAI share prices closed marginally higher yesterday, gaining 0.6 per cent in active trade, dealers said. The market closed little changed in heavy trade amid gains in finance stocks, which helped limit losses in banking and energy, dealers said. Some foreign investors switched their
        Atf  -  860 words
      • Article
        Lock icon SEOUL
        409 22 AFP n Composite Index -11-33 SOUTH Korean share prices fell 1.3 per cent yesterday amid late profit-taking after sharp early gains, dealers said. SK Securities dealer Kim Joon Ki said sentiment turned cautious after the Composite Index reached the 900-point level in early morning trade. The Composite Index closed
        AFP  -  409 words
      • Article
        Lock icon SYDNEY
        665 22 AFP Q All Ordinaries -3030 THE Australian share market fell one per cent yesterday as it took a battering from interest rate worries and falling blue-chip shares. The All Ordinaries Index closed down 30.3 points at 2,960.30. The All Industrials Index fell 56.3 points to 5,201.00 and the All
        AFP  -  665 words
      • Article, Illustration
        Lock icon JAKARTA
        702 22 AFP Q Composite Index -18*55 INDONESIAN share prices closed 2.6 per cent down yesterday on profit-taking in large-caps that offset improving sentiment in the property sector on expectations of an interest rate fall, dealers said. "The index was sharply lower basically because of profit-taking in big stocks. But the
        AFP  -  702 words
      • Article
        Lock icon MANILA
        326 22 AFX-Asia (3 Manila +27.61 PHILIPPINE share prices closed higher following Wednesday's fall and amid expectations that domestic interest rates will ease further, dealers said. The Philippine Stock Exchange Composite Index closed up 1.12 per cent or 27.61 points at 2,498.53 on volume of 2.13 billion shares worth 3.65 billion
        AFX-Asia  -  326 words
    • Article
      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7330 23 Transaction date: Jun 24 Gr Or u wt 52-Wk Last Vai Day LMt Quota Otv Dtv VM Net Cm Avg High Lew StNo Company Sat* COOOI HN> Law Buff >H«f Cw P/E $m4l Price MUTHNDUSTIY 174 17.5 m b 1000 Acmi 50c 170 cd
      7,330 words
    • Article
      Lock icon SESDAQ
      1496 23 Of Cf M Wt 52-Wk Last Vol Day Last Ouot* Wv Otv Ytd N.t Cap Avg Ht+I> Law StHo Company Sat* COOP) Nigh Law Buyar SaMar C'»r P/t Smll Prlea iANUfACTUMW 146 30 e 2049 AS Auto 10c 138 *1 5957 143 132 138 139 ION 0.7 157.6 137
      1,496 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Lock icon Untitled
        418 24 Stacks Votema IPC Corpn 5c 124,497,000 ICT HKIOc 65,040,000 GCS Ml Ltd 20c 54,690,000 Amara Hldqs Ltd 49,825,000 Econ Intl 20c 43,364,000 GoWtron 20c 38,156,000 Hotunq Inv NT5 31,539,000 INC 30,893,000 Tuan Sing 25c 30,532,000 S Coffeemix 5c 29,876,000 Stacks GES Intl Ltd 20c 99,231,120 HK Land USWc 49,043,010 AJIgreen
        418 words
      • Article, Illustration
        Lock icon Early blue-chip rally cut short by talk of trading curbs
        598 24  -  STOCK MARKET COMMENTARY Rnmonrs sparked by limits placed unilaterally by some firms; stock exchange says it is not involved By R Sivanithy AN early rush into blue chips that sent the Straits Times Index racing off to above 2,200 stalled
        598 words
      • ON THE GRAPEVINE
        • Article
          Lock icon Trio after BBMB broking arm?
          91 24 NOW that the merger between Commerce Asset-Holding Bhd (CAHB) and Bank Bumiputra Malaysia Bhd (BBMB) is nearly completed, the Kuala Lumpur market is abuzz with talk of what could happen to the unabsorbed stockbroking and merchant banking subsidiaries of BBMB. Rumours are rife that three
          91 words
        • Article
          Lock icon Queue at Carissa Park
          92 24 A LONG queue has formed outside the Carissa Park freehold condominium in Changi, three days before its launch this Saturday. Hong Leong group, the developer, has brought out the television sets, and is even serving breakfast to those in the queue, believed to already number some
          92 words
        • Article
          Lock icon Messages overload
          147 24 MANY who have seen a current Dilbert executive cartoon trailer might pass it off as a joke, but for some, it sure isn't. We're talking about the one where he returns to the office and is informed that he has hundreds of messages waiting for him. The author
          147 words
        • Article
          Lock icon Beware the Chernobyl virus
          116 24 JIJST in case you intend to spend tomorrow morning working out all your stockmarket profits this week, here's a public service message we received from our own PC people. If your computer operates on Windows 95,98 or Windows NT, the date-activated Chernobyl virus could be lying
          116 words
      • Article, Illustration
        Lock icon HOT STOCK
        49 24  -  -By Wong Wei Kong IPC shares rose 3.5 cents to $0,385 yesterday on a volume of 124.5 million shares, compared with its 10-day traded average of 59.6 million units. The technical indicators like the RSI, Stochastics and MACD charts show that the stock's uptrend may be flattening.
        49 words
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      103 15 I Internet Share Trading Earn 250% mileage points in our special promotion* C^ /J y Extended for another 3 months t0 AU^USt i- I' Earn mileage points when you click www.eq.com.sg in our eq.com rewards programme. 'Promotional offer: Every Ssloo commission entitles you to 250 mileage points. with 250 points
      103 words
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  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      50 17 This announcement appears as a matter of record only June 1999 Alin ALLIED COMPONENTS INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 10 October 1989) INITIAL PUBLIC OFFER OF 32,600,000 NEW SHARES AT $0.29 EACH Manager, Underwriter and Placement Agent ©DBS BANK THE DEVELOPMENT BANK OF SINGAPORE LTD V
      50 words
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      Lock icon Page 17 Advertisements Column 2
      733 17 Aulu ALLIED COMPONENTS INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 10 October 1989) Invitation in respect of 32,600,000 New Shares of $0.10 each comprising:(1) 8,150,000 Offer Shares at $0.29 for each Offer Share by way of public offer; and (2) 24,450,000 Placement Shares by way of placement, comprising
      733 words
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  • Page 18 Advertisements
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      80 18 i > l THE WORLD'S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Sirne 197S our worldwide staff of over 275 multi disciplined professionals including lawyers, chartered accountants, chartered secretaries and bankers have provided 7JB J, confidential and cost effective company formation in all the major low tax areas JJL Incorporation
      80 words
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      Lock icon Page 18 Advertisements Column 2
      243 18 NO MORE WAITING FOR WATER TO BOIL Zip gives instant boiling water at the touch of a tap for coffee, tea, soup and all the cooking! SAVES STAFF SAVES TIME SAVES POWER can pay for itself with the power it saves when you switch from kettles and urns. SAVES MAINTENANCE
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      Lock icon Page 18 Advertisements Column 3
      364 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NIMITZ ENGINEERING PTE LTD (IN LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of the Company held on the 18th day of June 1999 a) That the Company be wound up voluntarily pursuant to
      364 words
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      Lock icon Page 18 Advertisements Column 4
      401 18 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 ANO IN THE MATTER OF NUOVA CIMIMONTUBI PTE LTD (In Members Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at Via Cammadella 2. ***** Milano. Italy on the
      401 words
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      Lock icon Page 18 Advertisements Column 5
      23 18 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. CATAi Buy It. Sefl It. Find H.
      23 words
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      38 23 f Wow! I A buyer I love this car I the very I that I found next Hay J I through 1 Vroom, Classified. Buying or selling through The Straits Times Classified is child's play. CallCAT.S.at 1800-737-1166. JlLl
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      1201 24 Going to trade online? You need DBS investor Online! Simply the best research. Call 438-1188 today ©DIVSBANK I NOTICES To advertise call toll-free 1800-741 1883 •Fax No: 741 1298[ n Hana Bank (Incorporated with limitied liability under the laws of the Republic of Korea) US$BO,OOO,OOO Dragon Floating Rate Notes Due
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      271 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ADELPHI SHIPPING (S) PTE LTD (Incorporated in (he Republic oI Singapore) At an Extraordinary General Meeting of the members of ADELPHI SHIPPING PTE LTD duly convened and held at 257 Selegte Rd #06-277 Selegie Complex Singapore
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      442 24 Form 55 (Rule 112) NOTICE OF MEETING (GENERAL FORM) BEE LIAN BUILDING CONTRACTOR PTE LTD IN LIQUIDATION Take notice that a meeting of creditors in the above matter will be held at 608 Martin Road. Function Rooms 4 and 5, Trade mart Singapore. Singapore *****7 on the 9th day of
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      424 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 5« AND IN THE MATTER OF MANDARIN ART GALLERIES PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS-VOLUNTARY WINDING-UP At an Extra-ordinary (icncral Meeting of the Members of the abovenamed Company, duly convened and held at 110 Middle Road. •05-00. Chiat Hong Building. Singapore *****8
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      461 24 In the matter of the Companies Act, (Cap. 50) And In the matter of KIM HOO TRADING PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN PURSUANT TO SECTION 308(2) of the Companies Act, (Cap. 50) that the FINAL MEETING of the Members of the
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      210 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LINCS-NOMURA SINGAPORE PTE LTD NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN pursuant to Section 296 of the Companies Act. Chapter SO that a meeting of the creditors of the abovenamed Company will be held
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      206 25 Motoring Top marques EL 3 rawi 3 r PB !^l L -■>> I .^s|^ Be<- C*-z How has the recent dioxin scare affected food businesses in Singapore? Has it altered the eating habits of the average Singaporean, and are more locals turning to organic produce? jaime be talks to restaurateurs
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      10 25 Talking jf )ney with r \-M Margaret Allen P|p^p| Lr
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  • EXECUTIVE Lifestyle
    • PERSPECTIVE
      • Article
        Lock icon A hundred and one ways to avoid saying no
        814 26  -  Off the cuff by We spend so much time thinking up polite lies in an effort to be politically correct that one does begin to wonder if anyone's telling the truth anymore by Jaime Ee I SOMETIMES wish the English language
        814 words
      • STRAWS In The Wind
        • Article
          Lock icon Extra incentives
          56 26 THE things local health centres come up with to attract customers. A so-called health centre in Jalan Sultan offers: "Sanua (sic), steam bath, gymnasium, hot/cold pool, video and coffee lounge. No time limit. Only $18. Free buffet." Sure beats other health centres which only offer "free dessert, steam
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        • Article
          Lock icon Cub cakes perhaps?
          72 26 SPEAKING of health, food products that are supposed to be good for you are generally not all that tasty. But sometimes, some health food can be almost strange on a box of organic cereal were these words: "Enjoy our other organically produced hot breakfast cereals, like Bits
          72 words
        • Article
          Lock icon Reality bites
          50 26 HERE'S a list of what ad agencies say and what they really mean: A major opportunity: We need your money. We'll certainly consider that: Don't make me laugh. That's a good point, but...: I've heard some rubbish in my time This is award-winning work: You won't understand this.
          50 words
      • Article, Illustration
        Lock icon Taking stock of what we eat
        1700 26 COVER STORY CF CHEN of Planet Organic is out of infant milk powder. She had specially brought in a limited supply for her regular, health-conscious customers but instead found them snapped up by anxious walkin parents. Scared off their normal brands by the dioxin
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    • MOTORING
      • Article, Illustration
        Lock icon Jostling for the top spots
        994 27  -  Nowadays, with products getting better and better, the gap between the best and the worst cars has become pretty narrow. So which makes and models have emerged as the leaders of the pack? Christopher tam has the details CHRISTOPHER TAN IT IS A QUESTION that
        994 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon Midsummer night's misadventures
        761 27  -  CINEMA Pack loses his wings and Hollywood's hottest stars lose their way in Michael Hoffman's pedestrian and earthbound adaptation of the Bard's magical play By, Jaime Ee INVARIABLY, the question arises: when it comes to Shakespeare, who does him better the English or the Americans? Hot on
        761 words
      • Article, Illustration
        Lock icon WHAT'S ON
        437 28  -  Compiled by Yasotha M THEATRE Nunsense Presented by Caldwell Arts and Golden Apple Dinner Theatre, this is an internationally acclaimed musical comedy about a wacky group of nuns. Starring Aubry Ludington, Kyle Ennis Turoff, Roberta Mac Donald, Sharon Scott and our very own Selena Tan and Denise Tan.
        437 words
      • Article, Illustration
        Lock icon A place you can call home
        902 28  -  NIGHTSPOT Bisons at Tras Street is not a trendy bar but a people bar. In other words, it's where the owners know your name and stock your favourite wine By, Parvathi Nayar ABOUT six months ago. a man from Penang, an ex-cop from Sydney
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    • Article, Illustration
      Lock icon CINEMA
      797 29 American Cuisine. An American chef works illegally in a French restaurant and falls for his boss's daughter. Watch out for their saucy relationship. R(A). Golden. Austin Powers: The Spy Who Shagged Me. Mike Meyers returns with Heather Graham on his arm to spoof the world of spies. The sequel's
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    • Article
      Lock icon ENQUIRIES AND BOOKINGS
      117 29 Cathay Org Cathay 336-3400 Easlshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454 1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Goldan Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines8 Tiong Bahru Yishun Overseas Movie Clementi/CoViealtti 777-0669 Golden/New
      117 words
    • EPICURE
      • Article, Illustration
        Lock icon Moroccan hospitality
        762 30  -  You're not just fed at Casablanca, but also given a feel of Morocco's culture and culinary customs. clabissa tan finds the experience, like the fragrance of rose water, quite unforgettable CLARISSA TAN THE latest restaurant to open at Holland Village goes by the name of Casablanca, though instead
        ARTHUR LEE  -  762 words
      • Article, Illustration
        Lock icon Bright flavours, light touch
        446 30  -  PROMOTION Guest chef Chris Taylor from Perth has put together an irresistible, not-to-be-missed menu at the Marriott Cafe By' Tan Su Yen VISITING chefs don't always live up to the hype that precedes them, as foodies here have learnt at some cost to themselves. So it
        446 words
    • PROFILE
      • Article
        Lock icon Telling it like it is
        845 31  -  Financial writer Margaret Allen is a great believer in simple, direct writing, kemmeth jambs meets the woman whose aim is to strip business talk of its jargon KENNETH JAMES Money comes easily to Margaret Allen. The subject of money, that is. While an editorial consultant
        845 words
      • Article, Illustration
        Lock icon Handy guide for the perplexed
        416 31  -  BOOK REVIEW Let's Talk Money By Margaret Allen (2nd edition, 1900) Times Editions 225 pages, $17.50 Reviewed by Kenneth James MARGARET Allen's financial writing philosophy is nicely encapsulated in the quotation from economist John Kenneth Galbraith that leads off her Introduction: "In the case of
        ARTHUR LEE  -  416 words
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  • Page 26 Miscellaneous
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      257 26 CRYPTIC CROSSWORD 1 Manage to hear a few words JHt slogan (11) H 3 Girl gets letter from Israel (4) 10 People in Hamelin didn't earn P° I 11 Tree to be placed round motorway Hfl 14 Weakness of female getting flH__ 16 Benefit from court action (7) II 17
      257 words
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      409 28 Where to wine, dine snd at over 30,000 locations worldwide, Every Saturday and Sunday pamper yourself from as early as 12.00pm to our sumptuous High Tea Buffet of popular Asian and Western sweets and savouries at Cafe Victoria. CALL: 330 3585 OR 330 3590 FOR RESERVATIONS 76 Bras Basah Road,
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      119 28 Create your own set lunch of Continental cuisine with strong French Italian influences. Mondays to Fridays 100 noon to 2.30pm (last order) Price: $28 mx Revolving Reservations: *****58/88 s 333 Orchard Road, Singapore *****7. Tel: *****11 CovPe S 11 ?>o*- 2.1 CF^The Singapore Marriott Hotel is famous for its fine
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  • Page 29 Miscellaneous
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      2328 29 TODAY'S TV RECOMMENDED VIEWING JiX Innovations. u.OO News World. Roolr in fho relationship with her ui"t e t n .-o™„ ah„ q U3O Homes with Style. JJiICK in 1110 familv with hpr ririnkins Pocket Dragon Adven 12.00 MN Headline News. saddle problem. Husband Andy 5.30 Barney And Friends. time Financial
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      103 30 |P<W I'm a M A All aspiring musicians are welcome to join our |azz jam sessions. Where V A W you can get tips from the pros, support from fans and even a free beer A tvtRTSONJfc, W A from Tivoli Beer Bar at #01-23/24. It all happens at Robertson
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      62 30 w COACH LEGACY 1 t49Q b ™pi||fe- £7°>* m m Mj s M M i mn< aa w J^v fwo°~ r i mm FOR MEN WATER RESISTANT WWW COACH COM CALL 734 3833 rOArH Chew Cheong 734 5096 Delu*e Eastern 235 2636 Nanking Watch 336 3668 k J Roy Eastern
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      107 31 SIEMENS instabus. The simplest, most intelligent and convenient way to manage every electrical function in your home. |HH ■bs&. ■s'hMs%S& JHhI% v k HHJMHVJRH <c J instabus. The future of home automation is here today. Control your electrical appliances, lighting and security better than ever before. Do it from just
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      38 32 "5 I IZZI CUD I r~l D I TT °/?Home. D hiumami Since 1950 f Hotline: *****68 SINGAPURA BUILDING SOCIETY LTD Ang Mo Kio 458-4222 Beach Road 292-1459 Bedok 445-8011 Bukil Timah 467-1916 East Coast 348-8262 Serangoon 299-8855
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      318 32 Jilt CUSHMAN WAKEFIELD® See beyond the expected. FOR SALE BY TENDER 221 Joo Chiat Place 3 store y serv ce d apartment Newly refurbished and fully furnished JMF 1 6 strata-titled studio and maisonette apartments Freehold site area 672.8 sm (7,242 sf) Existing strata title areas 633 sm (6,814 sf)
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      123 32 For Sale By Tender Residen,ial 24 Ewart Park 9E3HQ|HEB& Single storey bungalow a tree-lined avenue In I u et > cul de sac 9^ I I Iffli I Land area: 30,788 sq ftapprox. jjfTlW Freehold Development Potential Tender closing dete: 23 July 1999 Friday at 4 pm For further information,
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      26 32 Didn't m kniw? I read it in Cats' Mews/ Citeli Cats' Nnrs la Striay Clattttfri i tbis Mdtiii ?§r CATS. Buy It. Sel h. Find It.
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      153 34 0% intzxEit. (fyzt UOUX aisam ujatcfi toaau. Introducing Sincere'* new Privilege Purchase Standard Chartered credit card and von can Programme, Yes, it 's now easier tor you to be enjoy paying by instalments at o'< interest amongst the privileged riite. At Sincere Fine tew to own the watch Watches, we
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      35 35 |J Bell (S) Ross VINTAGE COLLECTION Vintage 1268 Available in white gold, yellow gold and stainless steel. Programme includes all models from Bell Ross. Buy It. Sell It. Find It. CLASSIFIED. Call Today For j
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      208 36 brought to you by Tat Lee Bank Give us your feedback and win a wristwatch v vV The above article is the 12th of a 13-week educational This exclusive Keppel NJL series on personal finance. We would like to hear your Tat Lee Bank wristwatch will views on the above
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      22 37 Lost liour pet? Try finding it at Classification 821 (Found) of The Straits Times Classified. CATS. Buy h Sefl h. Find H.
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      Lock icon Page 37 Advertisements Column 2
      322 37 Bid and offer NAV Offer price (buying price) $10 NAV Price $10 Bid price (selling price) 9.50 Initial sales charge 5% Investment amount $10,000 Investment amount $10,000 Total units bought at $10 Investment after deducting per unit: 1,000 units initial sales charge: $9,500 Breakeven: $10 Total units bought at $10
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  • EXECUTIVE MONEY
    • Article, Illustration
      Lock icon Whither smart money
      1084 38  -  After three impressive quarters, few would disagree that Asian markets are on the mend. However, the skies are not entirely clear. Interest rates are expected to rise in the US, Wall Street is ripe for a correction and the pace of reform in Asia has been uneven.
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    • RESIDENTIAL PROPERTY
      • Article
        Lock icon House Hunt
        926 32 HDB transactions from May 3 to May 28, 1999. TYPE/ POSTAL CONTRACT BUH.T-W PRICE PSf LOCATION OtSTWCT OATH (SO FT) (SS'OOO) (SS) 4-ftoom (Type A) BangkitRd *****0 17-May-99 1030 205 199 Bedok Reservoir Rd *****8 27-May-99 1130 265 235 Bishan St 12 *****3 11-May-99 1119 321 287 Bishan
        926 words
      • Article, Illustration
        Lock icon Upturn seen for 5-room valuations
        820 32  -  The 7.7% rise in average resale prices of such HDB flats in Q1 as well as sellers' take-it-or-leave-it attitudes herald turnaround, davxd boet finds out DAVID BOEY iOUSING and Development Board (HDB) five-room flat valuations, which have been falling steadily since the end of 19%,
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    • UNIT TRUSTS
      • Article, Illustration
        Lock icon Riding on Japan's comeback
        770 33  -  With the Nikkei rising 26.46% since the beginning of this year, there are many ways to play the Japanese market, ben pok highlights some BEN FOK The writer is manager (funds specialist) at Fraser Securities Pte Ltd. He can be contacted at 433-6659 or e-mail benfoh
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      • Article, Illustration
        Lock icon Returning to emerging markets
        828 33  -  Believing in more upside for Asia, Templeton is relaunching its regional fond in a novel campaign By' Genevieve Cua IF you had scoffed at the idea of investing in an Asian unit trust early this year, you'd probably be knocking yourself in frustration at the way
        Source: Standard & Poor's Micropal  -  828 words
      • Article
        Lock icon Lucky winners
        141 33 THREE Business Times readers have just won $5,000 worth of any unit trusts distributed by Citibank. They took part in a lucky draw by sending in coupons published in a recent six-part series in Executive Money, "Investing for your Future", sponsored by the bank. These are the lucky
        141 words
      • Article
        Lock icon Advisers more involved in US fund sales
        664 33 LATWP MORE and more, direct-mar ket mutual funds are not being sold as directly to individual investors as in the past, but are reaching many by a different route fee-based financial advisers. The heart of the no-load di-rect-market fund business had been sales
        LATWP  -  664 words
      • Article
        Lock icon THE UNIT TRUST SCORE BOARD
        463 33 UNTT TRUST/SECTOfl (6 MONTHS 30NOV96-18JUN99) S CHANGE BENCHMARK V CHANGE Top 10 funds 1 OCBC Savers Korea/Korea EQ 114.87 Korea SE Composite 160 01 2 Aberdeen Singapore Growth/ Singapore EQ 94 57 Spore Straits Times 44.28 3 Five Arrows SEA Special Sits/ Far East Pac
        463 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Is S'pore set to repeat Wall St's bull run ?
        656 34  - Is S'pore set to repeat Wall St's bull run THE FDIER POUT Strong interest currently seen in equities is sustainable By R Sivanithy ABOUT three months ago, we made the suggestion that instead of local investors worrying about the Dow Jones Industrial Average achieving 10,000, they should think about the
        FILE PHOTO  -  656 words
      • Article, Illustration
        Lock icon Analysts hold mixed views on Nera's pricing
        658 34  -  STOCK WATCH It seems expensive on an absolute basis, bnt it is attractively discounted in terms of valuations By. Annette Pan WHETHER you're bullish on the telecommunications sector or the stock market in general, latest mainboard offering Nera Telecommunications looks like a good
        S!EW YAW HOONG  -  658 words
      • Article
        Lock icon ACU DEPOSIT RATES Offered by various banks (as at June 23, 1999)
        1438 34 DapoaM amount 1-mth 3-mth 5-mtti DapoaN amount 1-mth 3-mth 6-mth DBS Bank HSBC w AS S10,000 A24 999 4 1900 4 2200 4 2600 25,000 74 999 3 7500 3 8125 4 1875 A*****- A49 999 4 2100
        1,438 words
    • PERSONAL FINANCE
      • Article
        Lock icon Welcome to bull market '99
        883 35  -  Trade a strategy, not a forecast and be aware of the downside, cham txen-hsxang advises CHAN TIEN-HSIANG The writer is technical analyst at Vickers Bellas. ALAN Greenspan himself stated that bubbles are generally perceptible only after the fact, and betting against bubbles is precarious for
        883 words
      • Article, Illustration
        Lock icon Whither smart money
        470 35 COVER STORY Kim Teo Chief executive officer CMG First State Investments Singapore On the US: The US economy remains strong and this has already largely been reflected in the markets. Looking ahead, we expect a rise in interest rates, albeit moderate and not having a detrimental impact.
        470 words
    • SMART MONEY
      • Article, Illustration
        Lock icon Banking to the letter
        1195 36  -  CT.ARTSKA TAW takes you through the terms used to make sense of bank-speak, with some help from a dictionary CLARISSA TAN WHEN trying to work out your financial plans, do you find yourself mired in bank-speak, lost in a jungle of jargon? What exactly is a
        FILE PHOTO  -  1,195 words
      • Article
        Lock icon All you need to know
        374 36 These are some questions we've received following last week's feature, "Let the pros manage your money", answered by a panel of experts from Keppel Tat Lee Bank. Do keep your questions and feedback coming! Q: What is the minimum income level required before one can
        374 words
    • PERSONAL FINANCE
      • Article, Illustration
        Lock icon Telcos see benefit in co-branding schemes
        658 37  -  Banks, credit card companies and telecommunications companies are getting together to offer deals that will earn the customer discounts on mobile phone bills, cuuussa tam reports CLARISSA TAN IT used to be just getting discounts at restaurants and hotels, but now you can earn
        FILE PHOTO  -  658 words
      • Article
        Lock icon Untitled
        703 37 BANKS/FINANCE COMPANIES YEAR 1 YEAR 2 YEARS YEAR 4 YEARS YEAR 6-10 YEAR 11-35 Citibank* (max of 30 years) -1 to 5 vears loan duration 4.0000 4.7500 5.0000 5.2500 5.2500 -6 to 10 vears loan duration 4.0000 4.7500 5.2500 5.5000 5.5000 6.0000 -11 to 30 vears loan duration 4.0000 4.7500
        703 words
      • Article
        Lock icon What's the break even point of a unit trust investment?
        452 37 LETTERS NEED advice on the best options for your money? Or are you confused about how best to invest in a unit trust or to refinance your loans? Executive Money welcomes letters from you. Your queries will be answered by
        452 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      278 39 Bridge News, Reuters TRADING was again active for Atlantic loaders, particularly from the US Gulf with characters covering stems to the Far East. In the Far East, rates were again talked higher although fixtures reported remained at easier levels. Futures traded better volume although reports and sentiment were
      Bridge News,; Reuters  -  278 words
    • Article
      Lock icon MARITIME STOCKS
      275 39 ■>■24 St t* CWT Distribution 172 0.09 3291 ChuanHup U« unch 4277 Coaco Invattmant 133 -0.01 726 Fraight LWtt—__0.43 -0.01 ***** Ca Hoidlngs 1.09 0.03 1195 Hal Sun Hup 0.96 0.01 2727 IMC HoMnes-MK 5.60 unch 0 Jay* HoMinqs U3 007 7«0 Juronq Shipyard 8.50 0.10 389 Kappal
      275 words
    • Article, Illustration
      Lock icon SNSC to work more closely with other shippers
      502 39  -  It will also help local shippers in fight against excessively high freight rates By\ Marcus Hand [SINGAPORE] The Singapore National Shippers Council (SNSC) will increase international cooperation over the coming year to fight freight rate increases and surcharges it sees as "excessively
      502 words
    • Article
      Lock icon Sri Lankan Navy in search of missing M'sian-owned ship
      178 39 Bernama-Xinhua [COLOMBO] The Sri Lankan Navy is searching for a Ma-laysia-owned ship, earlier believed to have been sunk off Sri Lanka's eastern coast last month, but now suspected to have been captured by the country's Tamil rebels. The International Committee of
      Bernama-Xinhua  -  178 words
    • Article
      Lock icon Sea Empress case: port authority's actions contributed to oil spill
      788 39  -  ADMIRALTY CASEBOOK By Selva Kumar THE Cardiff Crown Court in Wales has imposed a heavy fine on a local port authority for a massive oil spill in 1996, caused by the grounding of a tanker in a compulsory pilotage area.
      788 words
    • Article, Illustration
      Lock icon Cruise to nowhere
      44 39 [TONGHAE] Three cruise boats run by South Korea's Hyundai Group are anchored in the eastern port of Tonghaefollowing an embargo on inter-Korean tours over the detention of a housewife held in North Korea's Kumgang resort site as an alleged spy. AFP
      AFP  -  44 words
    • Article
      Lock icon PSA signs pact to develop, operate Portuguese port
      273 39  -  By] Felix Chan [SINGAPORE] PSA Corp yesterday signed a framework agreement to develop, operate and manage a container terminal in the southern Portuguese port of Sines. The agreement, which is for an initial period of 30 years, was signed between PSA and
      273 words
    • Article, Illustration
      Lock icon Sailing out of the doldrums
      1070 40  -  SBZP FINANCING Region's brighter outlook may present some positive safeguards for the immediate future By' W S Seong Koon The writor is managing director pf The Bank of Nova Scotia Asia Limited Depending on various assumptions and definitions used, the ship-financing market size is estimated
      FILE PHOTO  -  1,070 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      336 40 PAGE Frota 12 ANL 3 I M Links 14 Accord 8 L nl1 4 Ahrenkiel 14 Gemartrans 6 Appenship 5 Genshpg 14 AASCO 12 Glory Nav 14 Austral 8 Goodrich Mtm 5 Avant 14 HaiSunHup 12 B'tang Mas 8 "MQ 1 BSA 7 Hanjin 3 BTL 14
      336 words
    • Article
      Lock icon SHIPPING GUIDE
      21206 47 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 06/07 09/08 CCNI PONL ARICA 7404E 65 *****33 To ABIDJAN (ABJ) 2003 Cote D'lvoire u/07 n/oe nyk iyo 020n 65 *****23 02/07
      21,206 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        737 53 Vessel VoyNo Berth Arrival Departure Batuhcin 041 Jl J16/17 I longs KM lt M/0200 BT CA Indr a3 *****9 Jl alongside 18 04/2359 G E«press 402/99 J12 alongside 18.06/0600 CoM Tifttny V4 J7/8 alongside 16.06/1700 K>mtrensl806 PCK09 JW alongside 16.06/0600 Marcopoio6 16-99 J18 alongside 16.06/0300 P Kalimantan 05/99
        737 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1840 53 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Bolonct Rstls >hlp Voy No Etb/Btr Porlod from To Fron Aci Mini 0104 27/1500 U 24/1500 24/1459 24/1900 24 24/1700 2V0459 25,0900 21 24/1700 25/0459 25/0900 J 25/0700 25/1159 25/MOO 4 25/1200 2VKM 25/T700 4c« JMt 59« 27/1000 M 24/1500
        1,840 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        179 53 Jan 26 Finland: Midsummer Eve Holiday. Jun 26 Indonesia: Mouloud Prophet's Birthday. Brunei: Maulud. Finland: Midsummer Day Holiday. Jan 30 Brunei: Half Year Bank Closing. Jail Canada: Canada Day. Jo! 14 France: National Day. Jol 15 Brunei: HM The Sultan's Birthday. Jol 21 Belgium: Independence Day. An| 2
        179 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        817 53 THIS resort, 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 indi cated The Cockett Bunker Price Index change
        817 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        528 53 Carton 180 Mai 990.6 1.0 18.7 O.KI 73 0.06 Am 17 Demity Water Residue Ask Aluminium Sediment No above £25 0 0 9 0 0 0 380 Ave 986.4 0J U.0 0.06 37 0.02 tin* 380 Mm 992.8 0.9 19.2 0.09 90 0.06 »/v H m/m
        528 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Dump PAL's recovery plan, Boeing urges Manila
        362 54 Plan exclndes US pl&nemaker's claims for PAL's alleged breach of a purchase deal for 747-400 jets AFP [MANlLA] US aerospace giant Boeing Co has asked Manila to scrap the rehabilitation plan of debt-ridden Philippine Airlines (PAL) amid concerns its monetary claims will be
        AFP  -  362 words
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        Lock icon Airlines renew calls on HK to lower airport fees
        437 54 Reuters [HONGKONG] Airlines have renewed calls on the Hongkong government to take another look at airport charges to boost the competitiveness of the territory's airport rather than focusing on liberalising air services. "The broad issue of air services liberalisation is likely
        Reuters; FILE PHOTO  -  437 words
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        Lock icon Qantas to start direct flights to New York
        253 54 Bloomberg [SYDNEY] Qantas Airways Ltd, Australia's biggest airline, said it will start direct flights between Sydney and New York from October this year. The flight from Sydney, Australia's most populous city, will leave three times a week, increasing to five flights per
        Bloomberg  -  253 words
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        Lock icon British Airways expected to win bid to manage loss-making Olympic
        687 54 Bloomberg [ATHENS] British Airways pic, Europe's largest airline, will be awarded a contract to manage Olympic Airways, Greece's unprofitable stateowned airline, with an option to buy 20 per cent of the airline, according to a person familiar with the Greek
        Bloomberg  -  687 words
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        Lock icon B717 in Berlin
        82 54 BERLIN] The new Boeing 717-200 jet sits on the tarmac of the Berlin- Tempelhof airport during a press presentation. It was the first time that this new short-and-mid-range aircraft landed in the German capital. The aircraft, designed for mainly regional air traffic, can carry around 100 passengers
        AFP  -  82 words
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        Lock icon Boeing makes sales pitch to Air India
        312 54 US pianemaker is determined to dominate Indian market AFP [BOMBAY] US aerospace giant Boeing Co is making a determined pitch for the Indian market with a sales presentation to the state-owned carrier Air India, an official said. "We are optimistic that we will
        AFP  -  312 words
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        Lock icon American Air pilots union, leaders liable for US$45m fine
        331 54 Bloomberg [FORT WORTH. Texas] AMR Corp's American Airlines pilots union and two union leaders are all responsible for a U5545.5 million (5577.3 million) fine levied against them after a February job action led to 6,600 cancelled flights, a federal judge ruled.
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1750 54 CITY FLIGHT CTA FlIGHT ETO Hi ma0 mo mm sow sowo 0105 LHi381 1850 ft—IwaWC CZ» 1045 CZ352 0035 S0230 1850 Rmi VN74I 00 **742 0)05 W4286 2045 SOT75 1830 SOI76 M05 $0286 2045 WHO W) MT 22 MTal MM MO NIK 0735 Wy «CV TG407
        1,750 words
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      20 39 Ship financingSailing oat of the doldrums Region's brighter outlook may present some positive safeguards for the immediate future. Paffß 2
      20 words
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      209 39 Dump PAL's recovery plan, Boeing urges Plan excludes planemaker's claims for PAL's alleged breach of a purchase deal for 747-400 jets. Back Page The direct link to your best prospects Here's an excellent advertising opportunity for you to reach more than 45,000 professionals, managers, executives and businessmen, many of whom
      209 words
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      1288 40 I NORTH AMERICA 1 1 EXPORT I I OTHER DESTINATIONS I SBX SUPER SHUTTLE EXPtreSS DIRECT TO LA I WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) WSSa VOT ETASM EIDSM LOME HACK DAUAS HOUSTON (MUM MWTOW racoon VKM VOT PT.OMTIAt| AOUUTU 10—00 (O—TO PT CAAOMA MMWWM SAUHA (MB ooaMMm 5527
      1,288 words
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      850 40 Lines services representei V 0 1; J by Menoe's of the Registry of Accreditee Shipping Agents Singapore Shipping Associatior Members of the raya Singapore Freight Forwarders NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "ARKTIS MARINER" V.9904 ETA SIN 25/06/99 BOOKINGS CALL MONKA/JUUA TEL
      850 words
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      1131 41 TO EUROPE FROM EUROPE vtssa vot 1 s« tra um ham wrv sou fit ibT [vessel vqt «w m« hw wv sou m lew sm MAAS S3OW 25/06 11/07 13/07 16/07 17/07 HYGBOJU. 310E 03/0* 05/0* 00/06 02/06 26/06 NaemtM 012W 20/06 15/07 17/07 20/07 14/07 *X IRtS 009E 06/06
      1,131 words
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      2258 41 Crstaaar Wrn llirfcii (R) HANJIN SHIPPING iik l~ 1 Sdto 737C230 hajuiw shipping is) pthto n» tOT imme *****35 73/ saus *****21 731 documhii *****/1 ?;< onunows *****50 ?si mm m *****55 fm *****40 ci mo i i *****0000* TO NW USA CANADA USA CANADA* mil VSI/VOY Ul SM UMHMI/VOT
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      1515 42 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANCANADA VtSgi VOT I SIM I LfH (UK IWW HAM |MV RJI I VOT MM BIT IK HW ILC MTW NMUM KHLUNG WM2I 25 M 17 07 1107 IS 17 1117 lIM WASMM6TOHIBUTOII WM» 1117 1117 2117 817 24 17 UN HAMJM SAM FHAMCtSCO WM2I
      1,515 words
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      1047 42 AM MAC-NELS S PURE M'SIA Carrier: MN CONTR LINES, INC P. GUDANG: (07) *****26 I l-lVy J ON MOc **********0® SIBU: (084) *****9 MAMLA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P. KELAHG: (03) *****77 JKT: (21) *****45 KUCHING (082) *****1-3 GENOA/BARCELONA I VANCOUVER MV "MILDBURG"
      1,047 words
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      715 42 EXPRESS CONTAINER FEEOER FOR N.SHEVA/COLOMBO Vessel S PORE N SHEVA COLOMBO PKLANG TULSIOAS V 111 21 JUN 06 JUL 13 JUL II JUL I MAS T)GA V 117W *5 JUL 13 JUL 21 JUL 25 JUL CAPE CANAVERAL VIIIW 12 JUL 21 JUL 27 JUL II AUC TULSIOAS Vlll 11
      715 words
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      1459 43 pWBEWBBI I VESSEL VOV r KHH HKG SIN PKG PQfl PXB DMM BA BIK 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 MAN LORESTAN PCL-5110 07/07 09/07 13/07 14/07 23/07 24/07 25/07 27/07 29/07
      1,459 words
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      2399 43 Sailing to Mm NoMtfafc, 1 Djibouti (Via Dubai) I SINGAPORE'S GENERAL AGfNTS: 80 ROIINSON RD HI: 226 1900 FAX: *****08 OUTWARD (l/U^TTJoslo^JOHoJtOfFKE^^^^™^^^^^! I COSTAR SHIPPING PTE LTD #12-00 SALES/IKGS *****57/60 INWARD OEPT (O/O) *****85 COSTAR AGENCIES (M) SDN BND I(R NO: **********00 SINGAPORE *****8 CONVENTIONAL *****50/S5 T/SHPWT DCPT *****25 TIL
      2,399 words
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      1494 44 EUROPE AJK/SCANDINAVIA/FINLAND/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP E OIAOEM RW 006 26/06 15/07 21/07 17/07 19/07 20/07 21/07 E RESULT RE-025 01/06 09/06 11/06 30/06 E DAINTY RW9II 04'07 22/07 20/07 24/07 26/07 27/07 28/07 E RENOWN RE 034 17/06 19/06
      1,494 words
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      921 44 PACIFIC INTERNATIONAL LINES (PTE) LTD I S M ill 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO **********0E I I Ij^TTT-— m I"■ I m FBI PKI iIH-1 I ill t/J U/1 7 ?t/7 umflsAVu ,y;, M )4// u/7=ak=Ja= |[|»«AAUSTRAUA S3S 3/7 17/7 21/7 2S/7 31/7 2/8 I"""
      921 words
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      660 44 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VOT SIN PUJ M JWI CPT RO VESSEL 01/07 13/07 17/07 11/07 B VESSEL 08/07 20/07 24/07 25/07 C VESSEL 15/07 27/07 31/07 "oi/oT NANTAI VENUS VO3SS 20/07 29/07 02/08 OS/M 06/08 09/08 GOLDEN DRAGON VOI3S 30/07 08/08 12/08 15/08
      660 words
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      428 45 BSfl i m| i ay y i M M MYANMA pBBk FIVE STAR LINE (Myomnar National Line) Loading (or Yangon (Rangoon) vessel vor sin pkl kn poo SAGAING 60W SU> PAGAN 268W 30/04 MALAYSIA AGENTS: ICKJSUAD SHIPPING AGENCIES KUL TU (03)*****00 PKL HI (03)*****01 PEN: TH (04)*****0? PGU: TEL (07)*****21/4
      428 words
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      1322 45 HMAT HYUN^^2£s£JJANTM££l£lL£2i^22^^^^™™ I VTSSa VOY SW SOU I LBI 1 Rmn ANT 1 HAM IWV Ffl [VESSEL VOY SOU IB! WW AWT HAW BRV Ffl SM MAAS S3OW 25/06 16/07 17/07 11/07 13/07 HY GOOAI 31* 02/06 09/06' 05/06 08/06 26/06 NOiCYPMi 012W 28/06 14/07 15/07 17/07 20/07 NOIRtS 00*
      1,322 words
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      1140 45 V"~ -~i npfwegor ipecahed autocamers Cggeae Wilhelmsen Lines TO NORTH AND LATIN AMERICA RORO HEAVYLIFT SERVICE" VESSEL "VQT RAMP HEIGHT SIN LAX CRL MIA SAV Ml I OOF NYC NEW MKH TAMPERE 1 F913 400 Ink 6.3* 2VM ~2670T W®B 06/08 08/08 10/08 iT/OS iIToT 17/08 19/08 TEXAS F914 400
      1,140 words
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      836 46 BANGKOK/MAP TA PHUT/LAIM CHABAHOj J A K AWT A/PA H J A HO VESSEL VOY SIN BKK MTP LCH~ VESSEL VOY SIN JKT TpjN MATHU BHUM 420N 26/06 30/06 29/06 GURU BHUM ***** In Pt 27/06 XETHA BHUM" 289N 27/06 30/06 01/07 AKA BHUM* 349S 26/06 30/06 LI LA BHUM*
      836 words
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      28 46 ShippingKmes 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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      399 46 INDONESIA NATIONAL LINE TO AUSTRALIA FULL COMTMHER SERVICE JSL WTImG s» wi sn> m ma mlw" www m n/ot»/ot k/v m/v ii/w i»/v MBTUBWg US >1/670/07 11/»7 16/67 11/07 Tl/V »/07 miwr 01/07 iQ/07 i\/v n/v u/w »i/y oi/oo oraet*m Ins |is/07 |i»/07|«/o»|os/oopo/wl FEEDER SERVICE TO INDONESIA vn vot stoat
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      751 46 VESSELS VOY rSX PKL I JED I MLA I LEH RTM 1 HAW ZEE 1 SOT VILLE DC TAURUS A32W 26/06 29/06 06/07 13/07 18/07 2CVO7 21/07 23/07 2V07 VILLE D AOUARIUS U32W 05/07 06*07 14/07 19/07 24/07 26/07 27/07 29/07 3CVO7 VILLE DE ANT ARES L32W 13/07 14/07 22/07
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      32 47 New Advertisers/Services/Agencies NEW SERVICE TO: Refer To Pg 6 Richfield Marine gj Agencies (S) Pte Ltd NEW GUINEA PACIFIC LINE Our Schedules Are On Pg 5 H SWIRE SHIPPING AGENCIES PTE LTD.
      32 words
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      30 47 JEBEL ALI PORT SAID BENGHAZI TRIPOLI TUNIS ALGIERS CASABLANCA Turn To Pg 14 (every mon/wed/frq Oceanus Shipping Agency NEW SERVICE FROM ASIA TO PACIFIC NORTH WEST Pg 7 BARWIL AGENCIES
      30 words
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      43 49 —(Retrieve more schedules!) s j£) Press "1" Select the port and key in ST*J the four digit code eg: To New York (NYQ 227S Key in your fax number your phone number Another innovative service offered by The document Will be Shipping Times
      43 words
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      164 50 MM—IQMLU—XOd. MMBiMiiyail ""^^ITS?!^.?!!! 1 FROM: U.K./ CONTINENT/ MIDOLE EAST TO: FAN EAST EUROPE SERVICE TAW SKN KKU TMA VRSfI/VOY SIN lAEM OiAIAMG MAMA HONGKONG KEEUNG KUHN STCUA V3IA 24/07 27/07 30/07 ,£aAy,7, M w M/M ■AUTSU- HSHWSMM) TAWAU- CtfIKOCN RDGtfT SVCS POffT KBANG AG9IT: SUNSMP AGBKKS«SON M P. HUM TH:
      164 words
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      201 50 i fj;. 1 I SHIPPING LINE i 1 .ill |1 111 BlVl hlk' ■lIJ J I k inilM I ÜBYA TOBRUQ MNONAZI MISURATA TRIPOU LuuJ [msamil vot.ho I I ro I on maot iww too km ms tw WW 5107 SfKUUST M TIM 7VM 03/07 MM 05/87 15/07 17/87 IVD7
      201 words
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      154 50 ESP LINES WltlilY ICI AMD fCI SEKVKI —umsuKom WW Bio* OTTMOHt, MMAS IMGtOK, HONCIOK HAMUK, tOTTCKOM •OMAT. COUMUO iiUITt, UMA AHTWBtf FBiXSTOWI CMOHT* HO (Ml —C HWHOM6 REGULAR CONTAINERISED INDONESIAN SERVICE I VBSa/VOTAg STOM I IT I W s caiakhi /w nm wu n/M BW 1 /WaS-035 IVU »/Dt s
      154 words
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      704 51 SAM UP ERA SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 Chan/Jeslynw/Dora/lwy/Haniw 8 SLGS/WEEK EVERY 4 DAYS V*SS£L VOY m JAK LAWANTI 337 26/06 (SAT) 29/06 (TUE) I"*"*"" PLB MAJAPAHIT
      704 words
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      898 51 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO Iwgla.l«t I I «tw 1 roc law I km. ma, 0,, SAV HOEOHDTKE /0652 00/07 IS/07 U/07 71/07 .07/01 JO/M OS/M ot/09 V9/Q9 12/09 U/09 ai/09 2S/00 MMUMPLfIia _fl2ZflL JM/M. 1?/M 14/01 M/M Jll/10 Qi/io 04/10 Tim wW HOEGH DUKI /0552 m
      898 words
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      98 51 SHIPPING* WAREHOUSING Baton: Smgjforu lauding Daily Mon to Sat (BATAMINDO MD) Accepting HCI X"<wrventx)nal/Pm)ect/Heav> Ijft Cargo Reefer Container Biatan: Singapore I xuJmg Mon. Wed &Hn (BATAMINDO 0) Accepting KIA omentxmal/Pnnject Heavy Lift Cargo Tel: 227 0322 Fax: 222 9330 BatanMo Skipping Warehousing Pte Ltd Jk *«fpd Iwfri C—ptoi m >l
      98 words
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      637 51 rrrA Singapore Soviet Shipping CPL afcIOOSO6MOOON k\\l Multfme Shipping PI W33) (*Soly Owneo Sufaudary) at fc 147&*****00 C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO4I 29/06 06/07 TBA 17/07 KOTA RATU RTUO49 06/07 12/07 TBA 23/07 KEDAH 132N 13/07 20/07 TBA 31/07 VESSEL VOY SIN CALCUTTA SIX SEA
      637 words
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      600 52 lin i»B fiH I TIGER BAY 718N 25-2&06 0104A)7 06 09/07 I TIGER ISLAND 719N 28 29,-06 03 07/07 12 13/07 I TIGER PEARL 720N 014)2/07 07 11/07 15-1&07 I TIGER SEA 721N 0&06WJ7 -,0-14«7 19-20/07 I TIGER BAY 722N 0&09/07 14 1807 22 23/07 I TIGER ISLAND 723N 12
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      1009 52 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesindsingnet.com.sg DIRECT CONSOLIDATION SERVICE TO ASHDOD COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MALTA SAN ANTONIO CALLAO, PERU ISTANBUL MEXICO CITY SANTOS COLON, PANAMA IZMIR NHAVA SHEVA TAICHUNG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong 852-*****113
      1,009 words
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      1304 52 QOCL (Sinqopore Pte Ltd CFS Keppel Distrpk 6S CMa Si OCK Ctr #42-00 *****13 Nk 513 #01-128 ff~J ONO **********0H W: 272 7827 f9r bookm 9 V, Tel: *****83 Fm: 438 2966 Fu: 272 782S XsMllir MM rarn_ Orient Oveneos Container line ternary Ml. (Malaysia) Sdn Bhd (Reg Na *****2-u)
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  • Page 53 Miscellaneous
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      132 53 n w fygriVft 1i /[Regional V/L St LEGEND R Thunderstorm Temperature Shower Weather Wind direction with speed m knots Rom V J Cloudy Sky Wov Surfoce winds are indicoted by orrows whtch fly with the wind One full circle represents colm or l.ght ond vonoble winds J One holt tleche
      132 words
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