The Business Times, 16 July 1999

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Total Pages: 50
1 50 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MITA (P) 046/12/<9B 85c SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, JULY 16, 1999
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  • Article
    Lock icon MARKET SUMMARY
    66 1 sn 2107.72 (-20.91) BT-SBI 812 M (-8.11) SDCSd FUTURES ***** (+0.10) QMABXET MOOD: Dm STOCK HA1EET INDICES TTiursday Change KLSECOMP 844.86 -6.36 NIKKEI 18,431 J6 +74.00 HANG SENG 13,758.89 +183.32 SET INDEX 496.7 +170 JAKARTA COMP 660.54 4.34 MANILA COMP __2*79.33 +8J7 TAIPEI WP1 7318.04 +29.38 SEOUL COMP
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  • Article
    Lock icon FINANCE
    79 1 FOBEX BATES uss ss US$ ,599 £(US$/S$ per 1.567 2.663 EURO(US$/S$ per E) 1.022 1.737 DM 1.914 0.888 YEN 120.9 1.405 RM 3.800 0.447 HKS .7.760 0519 BAHT_ 37.09 0.046 RUPIAH 6,700 0.026 •Sftoioountu PRIME RA'ifS SINGAPORE* 580 KUALA LUMPUR 7.26 JAKARTA 40 00 BANGKOK 1000 MANILA 11.00 HONGKONG
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  • Article, Illustration
    Lock icon Taipei ads to stem selling of stocks, currency
    1016 1  -  Stabilisation fond to be doubled to NTSIt; HE market rises as panic-selling eases From. Macabe Keliher in Taipei THE Taiwan government intervened in the stock and currency markets yesterday to stem plunging investor confidence and said it would double a stabilisation fund
    Source: Bloomberg  -  1,016 words
  • Article, Illustration
    Lock icon Private condos regain price lead over ECs
    824 1  -  Ron-op in private housing market pushes average gap toslsopsf Byi Carol Eng (SINGAPORE] The recent run-up in the private housing market has sharply widened the price gulf between executive condominiums (ECs) and low-end private condos, with most consultants pegging the average gap at
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  • Article
    Lock icon Sino-related stocks take a beating on the S'pore bourse
    443 1  -  Market downturn, not China-Taiwan tensions, cited By'. David Boey [SINGAPORE] Sino-related stocks traded in Singapore took a beating yesterday but dealers attributed the losses more to a general market downturn than to the deepening rift between China and Taiwan. Market-watchers said
    443 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon UK digital TV technology provider opens regional HQ
      355 2 A BRITISH digital TV technology provider, ntl, yesterday opened its Asia Pacific headquarters in Singapore and hopes to supply digital TV systems to Singapore and the region. It is talking to local broadcasters, TCS and TVI2, ntl Asia Pacific managing director Henry
      355 words
    • Article
      Lock icon Discharging deserving bankrupts
      382 2  -  MAILBAG Yours faithfully Tan Kiat Pheng Assistant Official Assignee For Official Assignee I REFER to the letter by Patrick Sio Puay Soon ("Creditors are at risk too", BT, July 6). Changes to our bankruptcy laws have to consider the interests of both debtors and creditors. Hence we
      382 words
    • Article
      Lock icon Formalities not completed
      112 2  -  Victor Tan Company Secretary Robinson and Company Limited I REFER to the letter from Madathil Nelliodan Ramachandran, "Nowhere to go with no indemnity" (BT, July 9). I wish to clarify certain points made in that letter. I cannot agree that Robinsons has not been helpful as I
      112 words
    • Article, Illustration
      Lock icon Rhone-Poulenc investing another US$15 in plant
      358 2  -  Company has 24,000 employees worldwide, including around 100 here Ry. Eugene Low RHONE-POULENC Rorer (RPR), the pharmaceutical subsidiary of French life sciences company RhonePoulenc, opened its US$5O million (SsBs million) manufacturing plant in Singapore yesterday. RPR also announced that it is investing an additional
      SIEW YAW HOONG  -  358 words
    • Article
      Lock icon Change attitude towards hiring older workers, employers urged
      418 2  -  Adopt more flexible work options, says manpower ministry By. Audrey Tan THE manpower ministry is urging employers to change their attitudes towards older workers and not base hiring decisions on pre conceived notions about age. In a 17-page paper on older workers
      418 words
    • Article, Illustration
      Lock icon Employers back in job market
      283 2  -  EYE ON THE ECONOMY Jobs By. Audrey Tan IN yet another indication that the labour market is slowly but surely recovering, some 45 per cent of employers surveyed said they were planning to increase staff numbers this quarter, while just 5 per cent expect to
      Source: Morgan & Banks  -  283 words
    • Article
      Lock icon Unity NTUC Healthcare tries to make it easier on the pocket
      239 2  -  By\ Soh Tiang Keng CUSTOMERS will save $500,000 this year through price cuts and a cheaper range of products offered by Unity NTUC Healthcare. This was disclosed yesterday by Seah Kian Peng, managing director of the healthcare cooperative established
      239 words
    • Article
      Lock icon Great Eastern Hotel: Sold? But formal tender to be held
      420 2 A FORMAL tender is being held for the sale of Great Eastern Hotel at MacPherson Road although it has supposedly been sold. A director of Great Eastern Hotel (Private) Ltd, which is under receivership, is understood to have signed an
      420 words
    • Article
      Lock icon Buy Rivervale, get free diving lessons
      291 2 Pidemco dangles discount and free water sports courses ON top of likely price cuts for the relaunch of Rivervale executive condominium (EC) this weekend, Pidemco Land will also offer an early bird discount and a $2,000 package for learning water sports. "The package is
      291 words
    • Article
      Lock icon Buyers respond eagerly to The Aston, Sunnydale
      248 2 TWO new projects, The Aston and Sunnydale, have sold over a third of their units in early marketing. The Aston, a freehold development at the corner of Hoot Kiam and River Valley roads, sold 30 of its 80 units yesterday, the first day
      248 words
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  • MEASURING FINANCIAL SERVICES
    • Article, Illustration
      Lock icon Revised computation cuts 1998 growth to 0.3%
      774 3  -  Measurement changes to track financial sector more accurately mean Q1 '99 growth of 0.8% Reports by, Anna Teo SINGAPORE'S 1998 economic growth has been revised to just 0.3 per cent, down from 1.5 per cent, following measurement changes to track more accurately the
      Source: Dept of Statistics  -  774 words
    • Article
      Lock icon Growth in stockbroking overestimated
      366 3 THE stockbroking industry's growth last year was over-es-timated by some 30 percentage points because the method of estimating output failed to capture fully the sharp decline in offshore stock trading. Up to now, value-added for stockbrokers has been estimated using the volume of stock transactions on
      366 words
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      Lock icon Page 3 Advertisements Column 1
      59 3 Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Mrs Diana Bean, General Manager Or Ms Florence Nathan, Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE, 24 RAFFLES PLACE. SINGAPORE *****1 E-mail: ocrasingOsingnet.com
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      Lock icon Page 3 Advertisements Column 2
      29 3 I LE TEMPS CHANEL THE MADEMOISELLE COLLECTION STAINLESS STEEL WATCH KID STRAP' DEPLOYANT BUCKLE SAPPHIRE CRYSTAL MADE IN SWITZERLAND. -AVAILABLE IN PASTEL BEIGE. BLUE GREEN AND PINK. 1 j
      29 words
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  • TENSION IN TAIWAN STRAIT
    • Article, Illustration
      Lock icon US sees no change in Taiwan's 'one-China' policy
      591 4 Statement comes after senior US official met Teng-hui to clarify issue Reuters [WASHINGTON] US officials said on Wednesday that there were signs Taiwan might be backing away from abandoning the "one China" policy or at least might be trying to limit damage
      Reuters; REUTERS,AFP  -  591 words
    • Article
      Lock icon S'pore stand: One China
      68 4 IN response to media queries on Singapore's views on President Lee Teng-hui's recent comments on crossstrait relations, the Ministry of Foreign Affairs said: Singapore recognises that there is only one China and that Taiwan is part of China. The government of the Republic of Singapore recognises
      68 words
    • Article
      Lock icon China says it designed its own neutron bomb
      302 4 Belgrade embassy bombing talks begin on compensation NYT, Reuters [BEIJING] China announced yesterday that it has successfully developed the design technology to make neutron bombs and miniaturised nuclear weapons on its own, the first time it has made these assertions publicly. Coming
      NYT,; Reuters  -  302 words
    • Article
      Lock icon Tentative advances in HK share markets
      543 4  -  Analysts say gains won't hold in wake of China-Taiwan row From Meera Tharmaratnam in Hongkong HONGKONG share markets yesterday rose for the first time in three days, but analysts believe the gains will not hold. A protracted quarrel between China and Taiwan, they added,
      543 words
    • Article, Illustration
      Lock icon Taipei central banker meets Citibank execs
      312 4 Bloomberg [TAIPEI] Central Bank of China governor Perng Fainan met Wednesday with executives of Citibank, the largest foreign bank in Taiwan, a day after the CBC spent a reported US$5OO million (*****.3 million) defending the New Taiwan dollar. The market has been jittery after
      Bloomberg; REUTERS  -  312 words
    • Article
      Lock icon Is Taiwan exploiting US-China tensions?
      395 4  -  There's talk Lee hopes US Congress will back Taipei if China retaliates From Leon Hadar in Washington SOME US officials are speculating that President Lee Teng-hui's retreat from the "one China" policy was calculated to exploit growing tensions between Washington and Beijing, following allegations of
      395 words
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  • THE REGION
    • Article, Illustration
      Lock icon The rehabilitation of Pattaya
      586 5 Hotelier and tourist body are working to bring in the convention business AFX-Asia [PATTAYA, Thailand] Hotelier Panga Vathanakul and the Tourism Authority of Thailand (TAT) are to work together to rehabilitate Pattaya as a domestic and international standard resort after the damage done by over-rapid development.
      AFX-Asia; FILE PHOTO  -  586 words
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      Lock icon Page 5 Advertisements Column 1
      132 5 Just as sophisticated engineering is the very foundation of BMW, the accurate maintenance analysis. This is how we can backbone of Performance Motors is formed by the highest possible continue to provide cost-effective support to keep flnjM BMW service standards. Our computer diagnostic system holds every your BMW in top
      132 words
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  • REGION
    • Article, Illustration
      Lock icon Megawati's PDI-P tops tally with 34% of votes
      555 6 JAKARTA It wins 35.7 m votes in final count but may not win power; Golkar gets 23.7 m AFP INDONESIA'S opposition Democracy Party-Struggle (PDI-P) yesterday was confirmed as the solid front-run-ner in the final tally of votes in the June 7 elections,
      AFP  -  555 words
    • Article
      Lock icon Liang Court-led group's A$65m claim slashed
      412 6  -  A 5224,000 damages against North Sydney Council From Surinder Singh in Sydney A SINGAPORE consortium's A 564.7 million (5572.3 million) claim for damages against the North Sydney Council here has been slashed to just A 5224,321 by the New South Wales Supreme Court. The
      412 words
    • Article, Illustration
      Lock icon Wife's graft scandal: ex-Seoul financial chief questioned
      340 6 SEOUL AFP FORMER South Korean financial supremo Lim Chang Yuel was questioned yesterday over allegations that his prominent wife accepted a cash bribe in return for business favours, prosecutors said. The investigation came after the official's 51-year-old wife allegedly confessed to taking some
      AFP  -  340 words
    • Article
      Lock icon All M'sian banks, insurance firms Y2K ready by end-Aug: Bank Negara
      586 6  -  95% Y2K-compliant as of Jane 30; Dec 31 non-transaction day Prom Ruth Wong in Kuala Lumpur SOME 95 per cent of Malaysian banking and insurance firms are Y2K-compliant as of June 30, and the rest will be ready by
      586 words
    • Article
      Lock icon Minister denies KL made up data about recovery
      343 6 KUALA LUMPUR Bernama GOVERNMENT statistics showing an economic recovery were real indicators and not concocted with the pending general election in mind. Second Finance Minister Mustapa Mohamed told Parliament yesterday. Replying to a question by DAP opposition member Lim Kit Siang, he
      Bernama  -  343 words
    • Article
      Lock icon Olympics boost seen as just the start for Aussie tourism
      339 6  -  SINGAPORE ATC campaigning hard to keep visitors coining after Games By. Marissa Chew WITH the summer Olympics next September, Sydney hotels are expected to see "very, very high" occupancy levels, and an Australian Tourist Commission (ATC) official says the Australian
      339 words
    • Article
      Lock icon Japan May chipmaking equipment orders surge 33.7%
      330 6 Bloomberg [TOKYO] Worldwide orders for microchip-making equipment produced in Japan rose 33.7 per cent in May from a year earlier, the third straight increase after 15 months of declines, as US, Taiwanese and Japanese chipmakers moved to increase production capacity, industry figures showed.
      Bloomberg  -  330 words
    • NOTE Book
      • Article
        Lock icon Nakornthon share sales under probe
        74 6 Reuters [BANGKOK] The Stock Exchange of Thailand said yesterday that it was investigating share sales by founders of failed Nakornthon Bank to see if there was any violation of insider-trading rules. Exchange senior vice-president Sopawadee Lertmanaschai said the probe into Wanglee family dealings in shares
        Reuters  -  74 words
      • Article
        Lock icon Funds misused for Apec villas?
        85 6 AFP [MANILA] The Philippine government is investigating allegations that state fluids for cheap housing were diverted to build villas for leaders of the Asia-Pacific Economic Cooperation (Apec) forum, an official said yesterday. The houses were built inside the former US naval base of Subic Bay
        AFP  -  85 words
      • Article
        Lock icon M'sian consumer prices dip in June
        84 6 Bloomberg [KUALA LUMPUR] Malaysia's consumer prices in June fell for the first time in three months as food costs fell, giving the central bank additional room to cut interest rates to spur the country's economic expansion. Consumer prices fell 0.1 per cent in June
        Bloomberg  -  84 words
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      Lock icon Page 7 Advertisements Column 1
      903 7 Official Opening of ECO-lEG Waste Management Facilities to* WjSM ECO Industrial Environmental 838^111^ Congratulatory Message Kj Engineering from the GliOSt-Of-Honour Bmß on December Singapore is well-positioned to management industrial waste that would serve the global complement the National effort to protect the mBm technology environment. This would be done through
      903 words
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  • ASIA ON THE MEND
    • Article
      Lock icon Asian bonds seen gaining as economies pick up
      521 8 S Korea, Philippine, M'sia bonds seen as favourites of emerging market investors Bloomberg [LONDON] South Korean, Philippine and Malaysian international bonds are rising, and investors are reaping the benefits of economic reform programmes, strengthening currencies and improving credit ratings. Two years after
      Bloomberg  -  521 words
    • Article
      Lock icon Tokyo store sales up 0.5% in June
      178 8 First rise in five months points to consumption pick-up Bloomberg [TOKYO] Tokyo department store sales rose 0.5 per cent in June from a year ago, the first increase in five months as shoppers spent more on clothing and cosmetics. Sales at department stores
      Bloomberg  -  178 words
    • Article, Illustration
      Lock icon Japan's current account surplus falls 24% on rising yen trading slump
      484 8 May's drop is fourth in row; imports from Asia growing AFP [TOKYO] Japan yesterday posted a 23.7 per cent year-on-year plunge in its current account surplus for May, stoked by a surging yen and a trading slump. The current
      AFP  -  484 words
    • Article, Illustration
      Lock icon Alwaleed keen on setting up Four Seasons Hotel in Korea
      449 8 Bloomberg (SEOUL) Saudi billionaire Prince Alwaleed Bin Talal, the biggest shareholder of Citigroup Inc and Daewoo Corp, says he plans to invest more money in South Korea and may establish his Four Seasons Hotel chain in the country. The prince
      Bloomberg; REUTERS  -  449 words
    • Article
      Lock icon Jakarta to sell shares in BCA, First Pacific, Astra
      526 8 It's selling assets to raise fnnds for bank capitalisation Bloomberg [JAKARTA] Indonesia is on the trail to sell assets it took over from the country's banks, including 30 per cent of PT Bank Central Asia, as it looks to recoup the
      Bloomberg  -  526 words
    • Article
      Lock icon Supachai sees Thai exports hitting US$56b
      301 8 Possible devaluation by competitor China won't affect this Reuters [BANGKOK] Deputy Prime Minister Supachai Panitchpakdi told reporters yesterday after meeting local export leaders that Thai exports should reach US$56 billion (5595.2 billion) this year against U5552.96 billion in 1998. This was despite speculation over
      Reuters  -  301 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      64 8 ■m 'mL 1 W*m georgeTß^^N Singapore August 1999 pm Kallang Theatre H Available Alliance Francaise Storage Ginza Plaza Bugis Junction Raffles Shopping Centre Scotts Shopping Centre Singapore Indoor Stadium Box Office Specialists Shopping Centre City Mall, Tropic Service Desk Takashimaya Department Store Wisma Atria HOTLINES TEL: 348 5555 f AX:
      64 words
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  • THE WORLD
    • Article
      Lock icon US inflation zero for second month in row
      611 9 WASHINGTON June report will help ease worries about possible Fed hike in interest rates Reuters, Bloomberg INFLATION was absent from the US economy in June for the second month in a row, the government said yesterday in a report that could help
      Reuters,; Bloomberg  -  611 words
    • Article, Illustration
      Lock icon An accidental burning
      39 9 [CAPE TOWN] The Cape Town residence of Maeve Fort, the British High Commission to South Africa burning Tuesday. The house burned down in a freak accident as workers were cleaning the roof using blow torches. REUTERS
      REUTERS  -  39 words
    • Article
      Lock icon UK in recovery, price pressures weak: survey
      282 9 LONDON Reuters FURTHER evidence emerged yesterday that the British economy was on the road to recovery but that inflation pressures remain subdued. The optimistic scenario was in a quarterly survey from the British Chambers of Commerce, which found the first signs of growth
      Reuters  -  282 words
    • Article
      Lock icon Supachai ready to split WTO job to end impasse
      229 9 GENEVA Bloomberg SUPACHAI Panitchpakdi, one of the two main candidates to head the World Trade Organisation, yesterday opened up the prospect of a quick solution to the leadership deadlock by agreeing to a compromise proposal put by mediating nations. The WTO
      Bloomberg  -  229 words
    • Article
      Lock icon Clinton adviser sees record US expansion
      439 9 WASHINGTON Yellen less worried about threats from slowing Europe, Japan economies Bloomberg THE US economy is on track for its longest expansion in history. President Bill Clinton's top economist Janet Yellen said, adding that she's now less concerned about sluggish economies in Europe and
      Bloomberg  -  439 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      152 9 Day. At L,e Mcridien e celebrate Bust Mr Dax by shou'casing provim ial -'reach flavours in a buffet of signature dishes. Dishes which have made IranceJfnnot/s; Bouillabaisse, Onion souf), ('.<></ an via, /'oris Brest, '.reme hrulec and trench \f)f>fe tart villi freshly brewed toffee or lea to round off a
      152 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      210 9 We pile on the i goodies at i our auctionsi SUNDAY, I 8 JULY 1999 I j TUDOR BALLROOM, j GOODWOOD PARK HOTEL VIEWING: 10AM 1 1,45 AM AUCTION: 12PM SHARP Pileweaves, flatweaves, city or nomadic, silk, wool, antique or contemporary, Caucasian, Persian, Afghan, Turkish and more! Whatever your taste,
      210 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon HK makes show of freeing interest rates
      725 10  -  THE BOTTOMLDTE OPINION By Meera Tharmaratnam The writer is a Hongkong-based journalist who contributes to BT SO Hongkong's de facto central bank has decided to scrap the cartel which decides interest rates on current and savings accounts. Banks, we were grandly told on
      725 words
    • Article
      Lock icon IN OTHER WORDS
      135 10 Perhaps we are having some difficulty making houses because we are preoccupied making babies.' Joseph Estrada Philippines president, on why he supports family planning as a means to alleviate poverty and population growth. 'Five or six years ago, the industry used to brag that it never lost
      135 words
    • Article
      Lock icon China's WTO bid: ball in US court
      681 10 EDITORIAL IF China's largest trading partner is ready to welcome Beijing's accession to the World Trade Organisation (WTO), why does China's second largest trading partner, the US, continue to have a problem? That is what some people have begun to ask following the
      681 words
    • Article, Illustration
      Lock icon Rejuvenating Japan
      1428 10  -  To stay a leader, nation most rebuild its systems and this calls for new mindset By, Anthony Rowley The writer is BT's Tokyo correspondent OVER the past decade or so, Japan has produced countless plans for deregulating its economy and each one has striven to be better than
      FILE PHOTO  -  1,428 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      769 10 Wo Med to confront Bering BY MOST measures of civic development, Taiwan has evolved in recent years into a far more appealing model than mainland China. Taiwan's politics is now fully democratic, its economy mar-ket-based and thriving and its press free and spirited. But relations between
      769 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon CM Tel expects big profit rises this FY and next
      500 11  -  More earnings seen from paging ops, cellular GSM service, retail chain By' Teh Hooi Ling [SINGAPORE] With the regional economic crisis over, chairman of Singapore and Hongkong-listed CM Telecom, Tony Hau, expects "substantial" increases in the group's earnings this year
      FILE PHOTO  -  500 words
    • Article
      Lock icon LHT to sell 50m shares at 18 cts each in IPO
      446 11  -  By Rahita Elias [SINGAPORE] Wooden pallet maker LHT Holdings yesterday launched its initial public offer of 50 million new shares at 18 cents each to raise $8.3 million. The offer price represents a forecast price-earnings ratio of 12.8 times
      446 words
    • Article
      Lock icon Spinoffs a right debt reduction strategy for New World Devt
      649 11  -  HOCK LOCK SIEW Meera Tharmaratnam Diversified conglomerate New World Development (NWD) is the latest company to turn to the market for cash. Today, the Hongkong-based conglomerate will list its unit, New World China Land, on the stock exchange, and analysts
      649 words
    • Article
      Lock icon Mobile phone trading system breaks down again
      347 11  -  Sing Tel, Fraser Sec say outage dne to 'teething problems' By Teh Hooi Ling [SINGAPORE] The mobile phone share trading system in Singapore, the first in the world, broke down for the second consecutive day yesterday. Both Sing Tel Mobile and Fraser Securities
      347 words
    • Article, Illustration
      Lock icon Offers for Clob shares must comply with Companies Act
      307 11  -  Under the law, public interest must be considered: RCB By Ven Sreenivasan [SINGAPORE] All prospectuses on any share offer in Singapore will have to comply with disclosure and other requirements listed in the Companies Act and these standards also apply to
      307 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article, Illustration
        Lock icon Time to switch to laggard stocks: Salomon
        586 12  -  Call to overweight conglomerates, technology and industrial stocks By' Ven Sreenivasan [SINGAPORE] Investors should switch out of bank and property stocks and shift to conglomerates and companies which have lagged the market, according to a research report just released by research house Salomon
        Source: Salomon Smith Barney  -  586 words
      • Article
        Lock icon Telekom ex-chief Ali Hassan to head RHB Bank
        274 12  -  From Ruth Wong in Kuala Lumpur LESS than a week after quitting as Telekom Bhd's chairman, Ali Hassan has sprung another surprise when RHB Bank announced that he would join the bank as the new chairman. In a brief statement yesterday, RHB
        274 words
      • Article
        Lock icon MPHB to get RM1.37b from Magnum sale
        305 12  -  Exceptional gain of RM7BOm; group plans to use proceeds to cnt bank debt From, Ruth Wong in Kuala Lumpur MULTI-Purpose Holdings Bhd will use most of the RM1.37 billion (Ss6l2 million) cash from the sale of its 30.3 per cent stake in gamingbased
        305 words
      • Article, Illustration
        Lock icon S'pore firms listed in the US set to double: PwC partner
        577 12  -  Companies will realise going global means being in US market, he says By Siow Li Sen [SINGAPORE] The number of Singapore companies to get a US listing will soon double as more companies realise going global means nothing less
        577 words
      • Article
        Lock icon UOB still in race for Radanasin Bank
        385 12  -  From Harish Mehta in Bangkok UNITED Overseas Bank (UOB) yesterday denied a Thai newspaper report that it had pulled out of competitive bidding for Thailand's stateowned Radanasin Bank. The Thai language Matichon daily said yesterday that UOB had withdrawn from the bidding for
        385 words
      • Article
        Lock icon UEM unable to service RM3b loans: Renong
        399 12 Bulk of short-term loans was taken to buy Renong stake AFX-Asia [KUALA LUMPUR] Renong Bhd said yesterday that United Engineers (Malaysia) Bhd was unable to service its short-term liabilities of about three billion Malaysian ringgit (551.34 billion), the bulk of which was taken
        AFX-Asia  -  399 words
      • Article
        Lock icon Visor launches $193m bond-cum-share issue
        306 12  -  By\ Soh Tiang Keng [SINGAPORE] Visor Ltd, the company set up to buy Robinson Point from DBS Land, yesterday launched a $193 million bond-cum-preference share issue, setting aside $20 million worth of senior bonds for retail investors. The retail portion, available through DBS Bank and
        306 words
      • COMPANY Briefs
        • Article
          Lock icon DBS completes Kwong On purchase
          74 12 [SINGAPORE] DBS Bank said yesterday that it has completed its acquisition of Hongkong's Kwong On Bank. Kwong On is now wholly-owned by DBS Group Holdings (Hongkong) which is, in turn, 87.3 per cent owned by DBS Bank. The balance of 12.7 per cent is held
          74 words
        • Article
          Lock icon Nobel realigns M'sian unit
          71 12 [SINGAPORE] Nobel Design Holdings has struck a joint venture agreement with Roland Toh, a director of Nobel Design House (M) Sdn Bhd, under which he will take up 15 per cent of subsidiary Momentum Creations Pte Ltd (MCPL). MCPL will increase its paid-up capital from $2
          71 words
        • Article
          Lock icon Dormant NatSteel unit struck off ROC
          34 12 [SINGAPORE] Nat Steel Ltd said yesterday that Cinsteel International Pte Ltd, a dormant associate of subsidiary Nat Steel Trade International, has been struck off the Register of Companies.
          34 words
        • Article
          Lock icon HPL unit to manage London property
          54 12 [SINGAPORE] Hotel Properties subsidiary Quin Properties Pte Ltd has acquired HPL (Eaton) Ltd, a newly-incorporated company in England and Wales for general commercial activities. With an initial paid-up capital of £2, HPL (Eaton) is expected to manage a London leasehold property which will be
          54 words
        • Article
          Lock icon Acer pumps A$2m into high-tech fund
          53 12 [SINGAPORE] Acer Computer International (ACI) has invested As 2 million (552.2 million) in Acer Technology Partners Fund, which invests in Australian high technology companies. The fund was established and is managed by Acer Capital Australia Pty Ltd, with lead investors ACL Acer Incorporated and
          53 words
        • Article
          Lock icon SCS offloads stake in Cognos
          42 12 [SINGAPORE] Singapore Computer Systems has sold all its shares in Cognos Far East Pte Ltd, a Singapore-incorporated company, to Canadian firm Cognos Inc for $2.9 million. Effective yesterday, Cognos Far East ceased to be an SCS associate.
          42 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon BP Amoco to slash refining network, sell US$10b in assets
        632 13 It aims to save USs4b over three years and focus on oil exploration Bloomberg [LONDON] BP Amoco pic, Europe's second-biggest oil company, said it will slash its refining network by a third, helping the company save US$4 billion (Ss6.B billion)
        Bloomberg; FILE PHOTO  -  632 words
      • Article
        Lock icon Softbank up on sale of non-Internet assets
        580 13 It starts by selling its 80% of Kingston for USs4som Bloomberg [TOKYO] Masayoshi Son's Softbank Corp, seeking to restrict its US$l5 billion (Ss2s billion) investment portfolio purely to Internet companies, will sell its stakes in Kingston Technology and other firms. Softbank, which has
        Bloomberg  -  580 words
      • Article
        Lock icon Coca-Cola profit falls 21% in Q2 to US$942m
        264 13 Slowing US, Asia sales, health scare in Europe hurt results Bloomberg [ATLANTA] Coca-Cola Co said yesterday that secondquarter profit fell 21 per cent because of slowing sales in the US and Asia and a health scare in Europe that forced it to
        Bloomberg  -  264 words
      • Article
        Lock icon Advanced Micro posts US$162m Q2 loss, president quits
        436 13 Reuters, Bloomberg [SAN FRANCISCO] Advanced Micro Devices Inc, battered by a computer-chip price war with Intel Corp, on Wednesday posted an expected loss, then stunned Wall Street with news that its president was resigning. Sunnyvale, Californiabased Advanced Micro, which warned last month
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        Lock icon Strong iMac sales propel Apple profit to US$114m
        436 13 Results better than forecast; Apple to bnyback up to USssoom shares Reuters, Bloomberg [SAN FRANCISCO] Apple Computer Inc on Wednesday posted higher-than-expected profits for its third fiscal quarter, propelled by strong sales of iMac computers. It also announced a buyback of up
        Reuters,; Bloomberg  -  436 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon HSBC seeks new global identity with US listing
        586 14 Starts trading ADRs on NYSE today in move to boost its stock's liquidity Bridge News [LONDON] HSBC Holdings starts trading American Depository Receipts (ADRs) on the New York Stock Exchange (NYSE) today, the latest and perhaps most significant step in a plan
        Bridge News  -  586 words
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        Lock icon Morgan Stanley won't face criminal charges
        419 14 Firm admits making mistakes over ex-employee's arrest NYT [NEW YORK] Morgan Stanley Dean Witter, the Wall Street firm that has been under legal scrutiny since it paid a person involved in the arrest of a former employee, will not face criminal charges in the
        NYT  -  419 words
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        Lock icon Jersey fund sues LTCM's rescuer banks for fraud
        475 14 It says Meriwether conspired with banks to hasten collapse Bridge News [NEW YORK] UK-based fund firm Lakonia Management Ltd, which said it invested US$5O million (SSBS million) in Long-Term Capital Management (LTCM), is suing the Connecticut-based hedge fund's creator John Meriwether and
        Bridge News  -  475 words
      • Article
        Lock icon Instinet.com to offer stock trading, mutual funds
        416 14 Bloomberg [WASHINGTON] Instinet Corp, the Reuters Group Pic unit that operates the world's biggest private electronic trading network for institutional investors, plans to offer stock trading, mutual funds and retirement accounts through a new brokerage called Instinet.com Corp. The moves are among steps
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      • SMALL Change
        • Article
          Lock icon Big Polish banks in merger talks
          78 14 Bloomberg [WARSAW] Commerzbank AG-controlled Bank Rozwoju Eksportu SA (BRE), Poland's biggest Investment bank, and Bank Handlowy SA, the nation's top corporate lender, said yesterday that they were in merger talks to create the biggest Polish bank by market value. The merger, which analysts say
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        • Article
          Lock icon No chance of menage a trois: SooGen
          121 14 Reuters [PARIS] Daniel Bouton, Societe Generate chairman, said yesterday that chances were nil of finding a three-way solution to France's bank takeover battle if no clear winner emerged by the end of the offer period. In an interview with daily Liberation, Mr Bouton
          Reuters  -  121 words
        • Article
          Lock icon Calpers buys US$1b in property in H1
          83 14 Reuters [SACRAMENTO, California] The largest US public pension plan said on Wednesday that it had picked up more than US$l billion (Ssl.7 billion) in real estate assets over the past six months, with half of the purchases coming in California. The California Public
          Reuters  -  83 words
      • Article
        Lock icon Futures dive in tandem with cash market
        183 15  -  Reports MS& Singapore Index Daphne Tay, Jardine Fleming SINGAPORE stocks took another knock yesterday, affected by a combination of negative regional events and lack of new leads. Rumours in the afternoon that the government wUI revise downwards the island's first quarter 1999 GDP
        183 words
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        Lock icon Futures surge Mowing govt intervention
        184 15  -  MSCI Taiwan fixtures Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures surged 4.5 points for the first time after four days of declines. The Taiwan government bought heavy-weighted stocks to bolster investors' confidence as weU as support the stock market.
        184 words
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        Lock icon Oil rally cools as speculators take profits, US stockpiles rise
        260 15 ENERGY REPORT Reuters [LONDON] World oil prices dipped yesterday as speculators pocketed some profits after a sizzling rally which took crude to a 20-month high. International marker Brent crude was trading 18 cents lower at U5518.76 a barrel at 1200
        Reuters  -  260 words
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        Lock icon CURRENCY REPORT
        302 15 AFP, AFX-Asia London THE euro remained well bid against the dollar in late trade here yesterday, supported by comments from ECB president Wim Duisenberg who hinted at a possible tightening of monetary policy. Dealers said the threat of higher European interest rates outweighed any tendency among investors to
        AFP,; AFX-Asia  -  302 words
      • Article, Illustration
        Lock icon Untitled
        1194 15 OtTERBAME CROSS RATES Jull5 AS c$ w Ewt Fft Da HB Urtfatiipiaft Yea Won M( HZSfafcfr N«o S$ Kwd Sir HT$ %m tomt OSS Australia 0.975 4.178 0.643 4222 1259 5.104 28.457 44.069 0.795 7.781 2.499 L26I 34.*****.077 LTM 1057 1033 ***** ***** 0420 0.658 I; n 5601 0-660 4-332
        1,194 words
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        Lock icon Untitled
        1827 15 SICOM FUTURES Jul 15 RUBBER (Mures ctostoq as at SJOpm) RSS1 CONTRACT cwrtsA?) Oom Votemo Open Mowtft High Low Sott (toonw) Inttfwt Aug 99 9425 300 S«p 99 96.50 900 Oct 99 9B.75 300 Nov 99 100.25 100.25 ***** 50 300 Doc 99 101.75 101.75 102.00 50 300 Jan/Mar 00
        1,827 words
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      Lock icon HONGKONG
      1396 16 AFP, Reuters Hang Seng ♦***** HONGKONG share prices rose 1.4 per cent yesterday, ending three straight days of losses, on an easing of worries over tensions between Taiwan and China, dealers said. "The market is making a technical rebound," said Michael Ng, deputy managing director at Sassoon Securities, adding
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      Lock icon CHINA
      589 16 AFP, Reuters Q Shanghai B Index -059 SHANGHAI'S B shares ended 1.4 per cent lower in the fourth straight day of losses amid deteriorating confidence, analysts said. The Shanghai Stock Exchange's B Share Index, which tracks shares nominally reserved for foreigners, lost 0.59 points to 42.68. The A Share
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      Lock icon TAIPEI
      330 16 AFP QWP Index *2838 TAIWAN share prices edged 0.4 per cent higher yesterday on strong buying by govern-ment-linked funds following steep falls this week sparked by renewed tensions with China, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 29.38 points to 7,918.04. Government-related funds, including a labour
      AFP  -  330 words
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      Lock icon WORLD STOCK MARKETS
      2226 16 LONDON Industrials *US Pound *h 34 Croup 8.51 0.42 Abbey National 12.22 0.29 A B Foods 4.25 0.08 A 8 Ports .3.04 -0.01 AstraZeneca 23.06 -0.39 Alliance Leicester 8.43 -0.02 Allied Domecq .5.86 0.10 Allied Zurich 7.93 0.15 Anglo American Gold 43.70 unch ASOA Group 2.17 uncl\
      2,226 words
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      Lock icon TOKYO
      1657 16 AFP g Nikkei 225 +74.00 SHARE prices in Tokyo closed 0.4 per cent higher yesterday, lifted by revived buying in high-technology issues, brokers said. The key Nikkei Average of 225 selected issues on the Tokyo Stock Exchange gained 74.00 points to finish at 18,431.86. The Topix Index of all
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    • KUALA LUMPUR STOCK MARKET
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        Lock icon Untitled
        8841 17 MfiUSTMALS CoflHimtf products M l-«« Vol D .y Net Cap Lo Company in. OOP High Low P/E SmH ♦40 255 A|inomoto 380 unch 6 380 380 24.1 154.0 JZj t ngl 4 167 5 1852 173 163 246.2 22 Apollo Food Hlq 378 -12 99 396 374 13.2 151.2 Ian
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        Lock icon Foreign program selling sends shares down
        428 17 AFP Q Composite Index -<L 35 MALAYSIAN share prices closed 0.7 per cent lower yesterday on brisk trade due to program selling of index-linked stocks by foreign investors, dealers said. The research head of a local brokerage said large foreign programme selling emerged in
        AFP  -  428 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
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        2156 18 BONOS. LOANS ft WARRANTS 52-Wfc Last Vol Day Last Ouati A<9 High Low St no Company Solo »or- COOO) High Loo Buyer Seller Prtco 104 3 r 3160 -Acer ******1 US$ 61 652 72 5 61 61 65 80 4.5 t 3164 Acma ******4 42 -4 996 49.5 40 41.5
        2,156 words
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        Lock icon CLOB INTERNATIONAL
        225 18 HONGKONG STOCKS Or Or 52 LMt V« Day Last Ouot. Wv CNv YM N« M C« High Low Stwo Compity TOOOI Ht» L— Um* CV P/t $mll 365 173 5123 CDl(2000)HK 300 -10 4 300 300 300 8 3.7 2.7 10.2 5806 5 5124 C«tr* y P*c 20c
        225 words
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        Lock icon Time Engg wrt: numbers not flattering
        182 18  -  WARRANT WATCH -By R Sivanithy AS small caps crumble and local punters wait for the dust to settle, one of the more amazing developments continues to take place close to our shores the awakening of the Malaysian market. Stocks there have gone ballistic recently
        182 words
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        Lock icon WELLINGTON
        290 18 AFP Q Wellington +15.09 NEW Zealand shares firmed 0.7 per cent yesterday as Carter Holt Harvey Ltd recouped some recent losses and Telecom Corp made ground ahead of talk of an imminent announcement. The NZSE-40 Capital Index was up 15.69 points at 2,185.24 on turnover of NZ5115.7 million. —AFP
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        Lock icon BANGKOK
        854 18 AFP F1 SET Index +2.70 THAI shares rose 0.5 per cent yesterday as investors looked for cheap buys following recent falls, dealers said. The market was led by the property sector amid speculative buying prompted by the new economic stimulus package scheduled to be submitted to the cabinet next
        AFP  -  854 words
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        Lock icon SEOUL
        418 18 AFP >1 Composite Index +28.47 SOUTH Korean share prices rose 3 per cent yesterday on bargain-hunting amid steady money market rates and an easing of foreign selling, dealers said. Moody's Investors Service's decision to revise its ratings outlook for nine domestic banks to stable from negative boosted share prices.
        AFP  -  418 words
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        Lock icon SYDNEY
        665 18 AFP All Ordinaries -»1016 AUSTRALIAN share prices closed up 0.3 per cent yesterday despite investor nervousness ahead of the release of US inflation figures, brokers said. The Australian Stock Exchange's benchmark All Ordinaries Index finished trade up 10.6 points at 3,065.0. The All Industrials Index added 14.3 points to
        AFP  -  665 words
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        Lock icon JAKARTA
        666 18 AFP n Composite Index -4-34 INDONESIAN share prices closed 0.7 per cent lower led by declines in several largecaps as investors took a wait-and-see attitude ahead of the final election results, dealers said. A dealer with a local brokerage said the composite index opened higher but reversed direction following
        AFP  -  666 words
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        Lock icon MANILA
        335 18 AFP F1 Manila +BJ7 PHILIPPINE share prices closed 0.3 per cent higher yesterday due to liquidity support and an official commitment not to raise interest rates. The Philippine Stock Exchange Composite Index rose 8.37 points to close at 2,579.33. Turnover rose to 2.2 billion shares worth 3 billion pesos
        AFP  -  335 words
    • Article
      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6440 19 Transaction date: Jul 15 j J5LU. StNo Company A L., 3S J» MULTI-INDUSTRY 182 17.5 m b 1000 Acma 50c 135 -9 678 144 133 134 135 to 84 25 c 1217 Alliance Tech 47.5 -5.5 341 53 47 47 |n 33 37 1,1
      6,440 words
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      Lock icon SESDAQ
      979 19 <•—. ar row, j?°sl i cT i mt Jg wmtewm 218 30 c 2049 AS Auto IOC 176 -1 891 184 174 175 17* nu n a. SI Si J 2051 ,wc 11 20% ,s .52 ,fl ,52 93 52 i 59 5 3 5 '2! II 59 5
      979 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Lock icon Untitled
        414 20 nnZHUBBBHHHDE Stocks Vohim* Hotung lnvMT5 29,184,000 Asia Food* Prof) 26,661,000 Golden Agri USIOc 19,327,000 IPC Corpn 5c 19,228,000 •Genting Int 16,085,000 *TanChonglnt50c 15,513,000 Frt Links 20c 12.274,000 STEngglOc 11,647,000 GES Intl Ltd 20c 11,434,000 Liang Huat 10c 11,056,000 Stacks S SPH 71,900,145 *TanChonglnt50c 42,110,625 U08 Foreign™ 34,256,175 D8S Foreign 31,459,261
        414 words
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        Lock icon HOT STOCK
        66 20  -  -By Ven Sreenivasan ASIA Food Properties has retraced significantly from its recent highs and is currently trading at its early June prices. The technical charts show that the counter is oversold and has found near-term support at around the 60-65 US cent level. The stock is poised for
        66 words
      • Article, Illustration
        Lock icon Second-liners hard hit as liquidity support dries up
        608 20  -  STOCK MARKET COMMENTARY Silence on rumoured short-selling probe by house traders also cited; bine chips holding np better By R Sivanithy SECOND-liners were badly hit yesterday as traders suddenly turned bearish in the afternoon, apparently worried about the escalating tensions between China
        608 words
      • ON THE GRAPEVINE
        • Article
          Lock icon Nothing like the human touch
          121 20 CUSTOMERS at a British bank turned thumbs down on branches with no tellers. Reuters, referring to a Financial Times report on Thursday, said Lloyds TSB, Britain's largest retail bank, had replaced staff with teller machines at branches in Reading, near London. But so many customers
          121 words
        • Article
          Lock icon Giving the good, the bad and the ugly
          140 20 THIS man believes in giving it straight Paul Brunner, US partner at PricewaterhouseCoopers, told an audience yesterday that the Singapore investment banker will pretend he can get you a Nasdaq listing, if you so desire. Don't fall for that, Mr Brunner said,
          140 words
        • Article
          Lock icon New era in advertising
          100 20 INTERNET broker E*Trade is spending US$lOO million (Ssi 70 million) on a marketing blitz to get new customers. Guess where a big chunk of this money will end up? On the popular TV series AUy McßeaL Apparently E*Trade has decided to tightly focus its efforts and
          100 words
        • Article
          Lock icon Not the English Premier League
          129 20 AFTER Manchester United won the European Cup soccer championship, its stocks soared on the London Stock Exchange in a sign that (botbali has indeed become big business in recent years. A Malaysian business weekly raised hopes this week that the English Premier League was pushing
          129 words
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      272 11 Fine lines of mobile e-trading, EM 13 I If at Clark* I Qoay. I Celebrating the Art I/\ yw} I of Good Taste at I I Clarke Quay from 16-23 July. I m Whether you're a wine lover or j~ m\ Sip a Sauvignon, chat over a I I someone
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      99 12 Life can be complicated. And so can life insurance, investment and retirement. But at The Breakthrough Group, we make things simple. We represent ALA, a member company of AIG which is one of the strongest insurance and financial institutions in the world with assets over US$l94 billion in over 130
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      80 13 fTy LHT HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 29 August 1980) INITIAL PUBLIC OFFERING OF 50,000,000 NEW SHARES AT $0.18 EACH Applications for the New Shares may be made on printed Application Forms referred to in the Prospectus dated 15 July 1999. Applications for Offer Shares may
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      702 14 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I, WONG PECK HOON of Blk 19 *13-63 Outram Park, Singapore *****9, have applied for a Ist Class Public House Licence in respect of M/s Four X Pub Karaoke located at 47 Temple St,
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      21 14 I The Straits Times CLASSIFIED Where buyers and sellers meet Sell your old clothes. CATAj Buy It. Sefi N. Find It.
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      973 14 NOTICE IS HEREBY GIVEN that I, WEE CHEN YEN of 202 Eng Kong Garden Singapore *****9, have applied for a Wholesale Liquor Shop Licence in respect of M/s Wine Sense Private Limited located at 491 River Valley Road *01-12 Valley Point, Singapore *****1, and that this application will be considered
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      30 18 z' advertisement in -^anice surprise^ bouquet of flowers )V giri Buying or selling through The Straits Times Classified is child's play. I re so^j Call C AT.S. at 1800-737-1166. s
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      2064 20 Going to trade online? You need DBS investor Online. Simply the best research. Call 323-3955 >I<l )|>SBANK NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 mm NOTICE IS HEREBY GIVEN that I, LIM ENG JUAK of Blk 405 Sin Ming Ave #17-267 Singapore *****5, have applied for
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      394 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PARMUIR 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 501 Orchard Road *04-01/03. Whealock Place. Singapore *****0 on
      394 words
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      255 21 Motoring The Alfa Romeo 156 EL 3 j: llr Established: QuekofAu A a plate of Scottish X smoked salmon topped with Iranian peppers. (Right) Sam Leong Chun with tuna sashimi in ice-cream /fluittfi^ qjfljSUr*' "i mixed green salad &_£j£ j r i 1 i\ S'pore chefs come Hie days of
      255 words
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      11 21 The Arts piT treat for "F circus-lovers EL 6 A t
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  • EXECUTIVE Lifestyle
    • PERSPECTIVE
      • Article
        Lock icon Artistry versus artistic miscalculation
        706 22  -  Off the cuff The former involves some skill and technique, while the latter, disguised as modern art, doesn't require any except maybe the ability to arrange stuff by Jaime Ee I USUALLY have no opinion about art. My idea of good art is a pretty picture
        706 words
      • STRAWS In The Wind
        • Article
          Lock icon Barking up the wrong tree
          73 22 IN Hongkong, anything can happen. A long line of people at the Legal Aid department caused several Hongkongers to join in, thinking that the queue was for Hello Kitty toys. To their dismay, the queue was actually filled with mainlanders seeking legal aid to fight
          73 words
        • Article
          Lock icon Taking silence to new heights
          86 22 ONE journalist went to Bali for some rest and recreation and decided to join a meditation class. Besides him, the other five in the group were Western tourists. In preparation for the class, the meditation teacher told the group not to talk to each other
          86 words
        • Article
          Lock icon Bumbler plumber
          33 22 SPOTTED on a mini-van on the street: "Blumber and Engineering Services". Presumably it meant to say "plumber", but with such spelling, would you dare trust your plumbing system to a blumber?
          33 words
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        Lock icon S'pore chefs come into their own
        1969 22 COVER STORY SAM Leong, Chinese chef at Four Seasons Hotel, walks around the kitchens of Jiang-Nan Chun Chinese restaurant with a spoon tucked into his sleeve and a pair of chopsticks in his pocket. His staff are expected to do the same. Thirty-two-year-old Chef
        1,969 words
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        Lock icon Key to liven up Chinese culinary scene
        631 22  -  By' Tan Su Yen A FEW years back, Andrew Tjioe, president of the Tung Lok Group, realised that the Chinese restaurant scene here was stagnating. And the problem was in the kitchen. "I've been in the restaurant business long enough to know that
        FILE PHOTO  -  631 words
    • MOTORING
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        Lock icon A potent mix of beauty and power
        992 23  -  chzustopher tam finds the exceptional design and full-blooded performance of the Alfa Romeo 156 hard to resist CHRISTOPHER TAN AN Alfa Romeo is somehow, always special. I think it has to do with the colourful name, which you imagine should be articulated with
        ARTHUR LEE  -  992 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon Be immersed in mysterious Egypt...
        889 24  -  ...and the prehistoric past when dinosaurs roamed the earth. parvathx mayar reviews two large format films showing here PARVATHI NAYAR IT'S a rush. You're flying fast and low over the Nile, racing up the river towards its source. Swooping, turning, soaring at dizzying speeds, an
        889 words
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        Lock icon Complications abound on Thirteenth Floor
        601 24  -  CINEMA The pacing and general thinking behind the film are different from the usual Hollywood fare By I Susan Tsang COMPUTER-SIMULATED reality is becoming a movie staple, and The Thirteenth Floor is the latest in a line of films that include The Matrix. It starts
        601 words
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        Lock icon Jaws-like tale has more laughs than tension
        640 24  -  CINEMA Lake Placid comes across more like an eqjoyable TV programme than a movie By\ Susan Tsang WITH Lake Placid, television writer David E Kelley makes his way to some big screen action. The award-winning creator of Chicago Hope and Picket Fences has
        640 words
    • PURSUITS
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        Lock icon WHAT'S ON
        500 25  -  Compiled by Parvathi Nayar MUSIC Sunday Jazz Part of the Just Jazz concert series, this Sunday's performance is by Blair's Bunch. The band is led by American drummer Blair Sherrill with sax solos by Steven Rufus. July 18, spm Bpm, Chijmes Fountain Court. Welsh College Of Music A
        500 words
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        Lock icon Ice cream lovers seduced by fat
        1159 25 FOOD Increased sales of high-fat flavours in the US seen as part of an economy-driven return to self-indulgence and decadence Reuters [NEW YORK] Snack-loving Americans are willing to make some sacrifices to save their waistlines, switching to pretzels from peanuts and baked chips instead
        Reuters; FILE PHOTO  -  1,159 words
    • ARTS/STYLE
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        Lock icon Visual treat awaits circus-lovers
        1020 26  -  Canada's Cirque Du Soleil will enthrall audiences in a $15m big top at the Padang as part of Singapore's millennium celebrations, reports juhbbb JAIME HE WHAT does it take to woo a big time entertainment company to set up its regional headquarters in Singapore, besides offering
        1,020 words
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        Lock icon A keen nose for the scent business
        864 26  -  TRENDS Couple behind Scent Shop follows np with more specialised outlets, including a newly opened candle shop By 1 Rahita Elias SIMON and Brenda See, who run and own Scent Shop and Inner Peace, are firm believers of their own products. When Simon
        SIEW YAW HOONG  -  864 words
    • EPICURE
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        Lock icon Five days of gastronomic wonders
        735 27  -  ?This year's Gourmet Summit features quite a few firsts. ta* su ye* previews the special events, which include chocolate tasting and a foie gras showcase TAN SU YEN ITS time to hit the gym in anticipation of all the feasting to come. The third World
        735 words
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        Lock icon A Sunday Munch for the self-indulgent
        354 27  -  RESTAURANT By] Rahita Elias A CHAMPAGNE Sunday Brunch is always the ultimate weekend self-indul-gence. Now mezza9 at the Grand Hyatt offers you an opportunity to indulge yourself big time, with its new Sunday Munch. For $65+++, you can enjoy a sumptuous feast of fresh
        354 words
    • RESIDENTIAL PROPERTY
      • Article, Illustration
        Lock icon Market seen mellowing
        1222 29  -  Experts expect prices and take-up rates to slow down after the recent spike upwards, reports coruvmx: kebx CORINNE KERK PEW would have thought the private residential market could make as dramatic a turn as it did in the last six months. But turn it certainly did. What
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      • Article
        Lock icon House Hunt
        917 29 Property transaction for districts 15 and 16 (sectors 42 to 45 and 46 to 48) lodged between Jun 14 and Jul 12, 1999 PROPERTY NAME/ PROP CONTRACT TENURE BULT-tV PHCE PSF STREET NAME TYPE DATE t>NO AREA* (soft) eroooi is» District 15 Non-Landed Autumn Glory Apt 21/05/1999 FH
        917 words
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      26 22 Pidn'f yea know? I read it in Cats' Mews/ —y Caleb Call 1 Mean in Uniay Classified Ihii weekend. [CATSJ Buy H. Sell It. Find H.
      26 words
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      Lock icon Page 22 Advertisements Column 2
      91 22 CAST YOUR VOTE: Go to the BT Online Web site (businesstimes.asial.com.sg) and take part in the interactive poll based on this column. RESULTS OF LAST WEEK'S POLL: What does Orchard Road most need? Wider range of products (and less of the herd mentality among store buyers) 31.5 per cent. Bring
      91 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      224 22 CRYPTIC CROSSWORD ACROSS In I 1 Struggle as gas blows back in 9 After bomb, girl returned to 10 Helping to prepare spuds on 1 I 12 Start to criticise poem 16 unreadable (4) 17""i 13 Holding money, promise the 14 An ice-cream, cold one (4) sporting event (4,2,6) 25
      224 words
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      123 23 The new Saab 9-5 Estate. (3D) S/XAR *%f .J*i f enough to accommodate your lifestyle. A '"'TdT "o bLlch Mot L b w f enough to complement it. your buddies Or gearing up foi .a mega O presentation There'll always be room in the V v new Saab 9-5 Estate
      123 words
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      155 24 Pi WE SPENT 36 YEARS n PERFECTING OUR STEAKS and LOBSTERS. NOW, YOU'VE 31 DAYS TO SAVOUR The BEST of BOTH at The GORDON GRILL. HljFJg^H Succulent, juicy beef and the sweet flesh of the freshest lobsters. Just JM| some more sizzling dishes from the ..y. Gordon Grill, renowned for
      155 words
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      125 25 Where to wine, dine and entertain..."™? QggPN 76 Bfu Banh Road, Singapore *****8 Tel: 338-8333 Fix: 339-6866 Web-wte hrtp://www .carl too .c can.<g rtjCheers i To a night of I great fun and J entertainment Ik Jff at an 9* r y' s H| Happy Hours H J 5.00pm B.oopm
      125 words
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      52 25 available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tat 737 9944 Fax: *****75 J&. RAFFLES MARINA 10 Tuas West Drive *****04 Tel 861 -8000 Fax 861 1020 E-mail ahoyOiaWesmanna com sg Web Site hltp //www rcrfflesmcxina
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      117 25 V Local HI-Tea with over 60 varieties to savour Complimentary Free Flow of Soya Bean Milk. Coffee and Tea I S*Urtay« Sund^\N I $14.80+ V** $10.80+++ (Md II PhMlc HolMra II $16.80+++ Uri $12.80+++(MM VI Fur ReHrrvatkms. ph.*#- call *****32 II Cafr ttaYtsfcir (Lobby Level) Cy^jbi** II 12pm 4pm H
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      154 25 SBHp—a Guest chefs from the Palm Beach Travelodge Resort at exotic Phi Phi Island in Thailand promise to whip up a wide selection of delicious Thai disnes which will make you come back for more! All diners will also stand to win two return air tickets to Phuket staying at
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      112 25 COURT DINING At Pine Court Chinese Restaurant LUNCH 12 noon 2.30pm DINNER 6.30pm 10.30pm 6<p Reservations: 831-6262 SffSS -Bp jjj ..J WSa 333 Orchard Roid Singapore 2388*7 TH: 737 4411 Fa* 732 21*1 A Q$ H\g Rofl: !IH\Ju>yfo Isf IVI. In addition to your favourite International dishes, the Marriott Cafe
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      32 27 Effect after one Laushins Buddha Martini C c East side c i i -;i I 1 Scjuiiri- on Moh.until Sultan I( I °pS Aui- limits .in*l «lrc*ss cod*.' apply Cocktails Sushi Wines
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      89 27 MADE IN GERMANY In w xfc jfcf TL^fcjlt^E^^Bß^^k. Cabin trolley in exquisite metallic silver with auto lock, \\jjy|^yU^^H pull-up handle and two revolving metallic luxury redefined in classic lines Rimowa Cabin Trolleys are made of solid aluminium-magnesium alloy and are among the lightest travel cases in the world. Their distinctive
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  • Page 28 Miscellaneous
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      2893 28 TODAY'S TV fmjran| A RECOMMEWDED VIEWING Premier* 12 hS J al n ing Poil l\ American Cul.lne. An American chef works illegally in a I PMJ V Innovations. taGonwrsation. French restaurant and falls for his boss's daughter. Watch out Prisoner With Dead <***> 10 P m Ch 5 s!oo Pocket
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      154 29 For Sale By Tender Investment Sales I Prime Freehold Residential Site at Ewe* Boon Road Site area 10,4135f; DGP plot 'atio 2.1; up to 20 storeys Provisional permission was granted for all -storey residential a development BMH calender closing date: 21/7/99 Wed at 3pm e For further information tender documents,
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      97 29 COLLECTIVE SALE BY TENDER PRIME RESIDENTIAL SITE DUCHESS PARK tsr 'f I Site Area Appro* 57.2445q.ft. /7 Tenure 999 years ;%>- *7 /7 Plot Ratio/Height Control: 1.4 Up to 4 storeys > \v\ 0 TOP SCHOOLS VERY EXCLUSIVE. chfewM jTcSIS? 5 minutes walk to Bukit Timah Road, Htghset. '"-J"' Coronation
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      42 29 "5 I nn czd I=l r l D d T /?Home. D financing Since 1950 Hotline: *****68 &rn 1 «**Ti 55 SINGAPURA BUILDING SOCIETY LTD Ang Mo Kio 458-4222 Beach Road 292-1459 Bedok 445-8011 Bukit Timah 467-1916 East Coast 348-8262 Serangoon 299-8855
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      231 30 LAST WEEK S WINNER: Congratulations to Mdm Low Cher Eng, NRIC no *****874/J! She wins one limited edition Mont Blanc pen for the first issue of Insurance- wise on July 2 completed coupon and you stand to S«% win this Mont Blanc- Leonard Bernstein Fountain Pen (Model fount**) 1 21
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      321 30 brought to you by Great Eastern Life Grea (Li nit. from Greal Eastern potential fyr good returns. Life, gives you ike best of both worlds: And remember. you re insured insurance and investment opportunities. while you invest. So even if you lose The flexibility to make your money work harder.
      321 words
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      161 32 0% LntzxEit. tns, Lvatcfi ijolive aLcvaui (Aianisa 'iomzJ.au toaau. Introducing Sincere'* now Privilege Purchase standard bartered nedit »/ard and vmi 1,111 Programme. Vs, it s now easier lor on to he enjox p.nmg In instalments at d' interest ■FgfflLSjJSSB amongst the privileged rati* \t Sim ere l ine u own
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      74 33 5P j^S I AC. I II I I K kIKII \l U IKOMUII I I K i-s rt k \u»\ 111 11: \io\ 111 i\ 11 ki i iki i i\ -1 \i i\ i> w-■ W »•s>y»V •liu k\ I'l. ..r I <•! t >C i\ UaatfCMV ,|gji Standard
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  • EXECUTIVE MONEY
    • Article, Illustration
      Lock icon What next for property stocks?
      1136 34  -  Big names in properly are hardly bandied in daily stock trades, but analysts tell a szvakithy that they are bullish on these counters R SIVANITHY After a magnificent run that took prices up 68 per cent in the first half of this year, property stocks
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    • INSURANCE-WISE
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        Lock icon Have your cake and eat it
        1095 30  -  Investment-linked insurance offers policy holders various levels of protection and a range of funds to put their money in, writes sob txamg eenq SOH TIANG KENG THE name of the game in investmentlinked insurance plans is flexibility and choice. Such insurance allows the new
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    • PERSONAL FINANCE
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        Lock icon A call is just a click away
        847 31  -  Keppel Tat Lee adds a human touch to its Internet service customers can talk to a bank officer at the click of a mouse, reports glarxssatam CLARISSA TAN WITH the Internet now all the rage among Singapore banks, any bank launching its online
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        Lock icon New insurance fund banks on global telecoms
        485 31  -  Stocks likely to be included are Cisco, Nokia, MCI and Microsoft By < Genevieve Cua HERE'S yet another invest-ment-llnked Insurance fund to sink your teeth into. Keppel Insurance has recently launched a Global Communications Fund, banking on the fast growing telecommunications industry to
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      • Article
        Lock icon ACU DEPOSIT RATES Offered by various banks (as at July 11,1999)
        1397 31 Gepoaft amount J-flrth frnrth Dgoill wncunt 3-mth 6-mtti DBS Bank HSBC A$ AS S10.000 A24 999 ***** 4 2500 4 4500 25.000 74.999 3 7500 3 8125 ***** A25.000 A49 999 4 2100 4 2700 4 4700 75.000-149.999 3
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    • UNIT TRUSTS
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        Lock icon Look to Horizon for diversity
        834 32  -  DBS Bank and Frank Russell team up to offer a personal investment service with various asset classes and fund managers, says oehevxevecua GENEVIEVE CUA IF you have a sum of money to invest, any professional adviser would tell you to make sure you're diversified across
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        Lock icon Waiting for CPF go-ahead
        162 32 ALL THE The 10 funds in the Horizon programme will be registered in Singapore, and their prices will be published daily in the press starting July 23. DBS and Frank Russell are seeking CPF approval for the programme. Annual management fees for each of the registered
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        Lock icon HSBC makes private banking more accessible
        665 32  -  Personal investment programme pats together portfolios for clients with at least $25k to spare By* Genevieve Cua FROM the spate of managed portfolio services launched this year, it's clear that fund managers and banks are waking up to the fact that there's a sea
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        Lock icon THE UNIT TRUST SCORE BOARD
        456 32 UNIT TRUST/SECTOR (6 MONTHS 3106C9M8JULW CHANGE BENCHMARK CHANGE Top 10 fund* 1 Five Arrows SEA Special Sits/ Far East Pac Ex Jap EQ* 125 ?9 MSCI AC Far East ex Jap 55.19 2 Aberdeen Singapore Growth/ Singapore EQ 100 Spore Straits Times 56 65 3
        456 words
    • PERSONAL INVESTMENT
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        Lock icon How the poor can strike it rich
        711 33  -  THE FDVER PODVT Instead of speculating In stocks or property, they could follow a strict savings plan to build np capital over the years By Lai Hock Meng The writer is the chiefexecutive of Star Investment Consulting IN the world of investing, I
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        Lock icon Fine lines of mobile e-trading
        1322 33  -  tbh book UNO talks to two investors with different views on the advantages of trading shares through a handphone TEH HOOI LING THE market is exploding and you can't get through to your remisier to buy the stocks you want? Or maybe it's the unfortunate
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        Lock icon Maximising returns with derivatives trading
        681 33 With the shine from shares and bond markets fading, this strategy may prove more and more popular FT [LONDON] Fund managers who can reliably outperform the market are a rare breed, much treasured by their clients. Too often, these stars shine in just a small
        FT  -  681 words
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      140 35 Bridge News, Reuters IN the Pacific there has been some activity in the Panamax grain trades, but whether cargoes have been switched from the US Gulf to the Pacific coast where rates are lower is not yet clear. TANKEB& Despite increased activity for West Africa million-barrel loaders, rates
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      Lock icon STOCKS
      263 35 mm I < mil mi a w CWT Distribution 136 -008 228 ChuanHup 123 -0.01 1337 Cosco Invastmant 129 -0.01 211 FraMttlMu 040 -0.02 ***** GBHoMlngs 104 -001 446 Hal Sun Hup 0.83 -003 1009 IMCHoMnat-HK—5.60 unci) 0 Jay* HoMbigs 0.96 -004 616 »S Npyartf OK) -020 288 Carp
      263 words
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      Lock icon Star Cruises looking beyond Asian region
      454 35  -  It is eyeing potential markets such as Australia, Europe and India By I S Shivani [SINGAPORE] Star Cruises is looking beyond the immediate region and venturing into the rest of the world to expand its passenger base. Asia's top cruise operator has seen potential
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      Lock icon M'sian marine official to speak on safety in Malacca Strait
      295 35  -  By. Marcus Hand [SINGAPORE] The acting di-rector-general of the Malaysian Marine Dept, Capt Raja Malik, will be addressing the Singapore shipping community, on the issue of navigational safety in the Straits of Malacca on July 30. In his address, Capt
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      Lock icon Kawasaki Heavy to close shipbuilding dock
      302 35 Bloomberg [TOKYO] Kawasaki Heavy Industries Ltd said it will suspend operation of one of two shipbuilding docks at its main shipyard in a move to cut costs and compete better with South Korean counterparts. Japan's second-largest heavy machinery maker after Mitsubishi Heavy Industries Ltd
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      Lock icon Revised rules for hay, cotton
      111 35 [LONDON] Changes to International Maritime Dangerous Goods (IMDG) Code which affect hay and cotton carried in containers came into full force on July 1. Compressed baled hay with a moisture content of less than 14 per cent and accompanied by a certificate confirming moisture content
      111 words
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      Lock icon Claim under marine hull policy fails due to lack of proper survey
      691 35  -  ADMIRALTY CASEBOOK By\ Selva Kumar AN English court has strictly interpreted a "condition precedent" in a marine hull policy for a luxury yacht and held that the lack of a proper survey to determine the condition and value
      691 words
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      Lock icon Firms digest Conrail takeover
      725 36 US RAILROADS CSX, Norfolk Southern say congestion is easing six weeks after taking over their respective Conrail portions Bloomberg [WASHINGTON] CSX Corp and Norfolk Southern Corp, the thirdand fourth-largest US railroads, told US rail regulators that congestion is clearing six weeks after they took over their
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      314 36 PACE Evergreen 6 AMI 3 Foong Sun 8 AASCO 12 Froti 3 Accord 8 frtUnkJ w Ahrenkiel 14 GUo41 4 Appenship 5 6 Austral 8 Genshpg 14 Avant 14 l0f w B'tang Mas 8 H,iSunHup 12 BSA 7 H4n 9'' |TL M H,n,,n 3 Balaji Shpg 5
      314 words
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      Lock icon SHIPPING GUIDE
      21236 43 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 03/06 10/09 NYK IRIS 004N 65 *****23 To ABIDJAN (ABJ) 2003 Cote D'lvolre To BUENOS AIRES (BUE) 2060 Arqentlna Q 7 nl
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    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        665 49 V>ml Mo Btrth ArrWal Papwturo J»m Pwl 1 199 JOl 15/07/1015 15/07/1500 Su<c 15-JUl JOT 15/07/815 15/07/1400 f JW.B JOl 15/07/8:15 15/07/2359 25} FJ9901 J06 15/07/8:10 17/07/1700 P\itrim*na*l\2 ?02« *3 15/07/915 15/07/1*00 **chm*nuH 1 DfC-OT J03 15/07/15:00 14/07/12.00 299 JOT 15/07/14.30 17/07/800 U*r*Ml802 NMR08 Jit 15/07/1800 14/07/400 PV241
        665 words
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        Lock icon CONTAINER SCHEDULES
        1840 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/BoUnco Rstls Ship Voy No Etb/Btr Porlod From To From Aftu MM) CMrt 11/1100 14 15/1500 15/M59 H/HOO H/1900 H/MS9 I5/H00 24 8/1700 KAMI M/0*00 M 1S/TT0C 14/0*5? M/OMO J 4/0700 M/1H* 16/MOO 4 M/1200 M/MJ* 14/1700 AM to* JS2S
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        Lock icon GLOBAL HOLIDAYS
        195 49 Jul 21 Belgium: Independence Day. Aog2 Ireland-Republic Of: August Holiday. Aug 9 Singapore: National Day. South Africa: National Women's Day. Aug 12 Thailand: HM Queen's Birthday. Ang 15 Belgium: Assumption Day. Hong Kong: Sino-Japanese War Victory Day. Luxembourg: Assumption Day. Ang 17 Indonesia: National Day. Ang 29 Philippines:
        195 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        794 49 THIS report, compiled by Cockett Ma rlne Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        794 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        446 49 Carton ISO Mm 990.6 2.0 17.1 0.10 78 0.03 MS Dmlt| Mir Mfc* Ml HaUa MM NoakowE2S 0 1 4 0 0 0 T7Z* 380 Am 967.4 0J Ui 0.06 34 0.01 Ina 380 Mji 994.9 0.8 20.8 0.M 183 0.04 Win »m/m mi —a** No
        446 words
    • AIR & LAND TRANSPORT NEWS
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        Lock icon Asian express cargo growing 20% a year
        274 50 Taiwan underpinning cargo growth ont of Asia: FedEx Reuters [HONGKONG] Asian express cargo growth is growing 20 per cent year-on-year, double the global average, Mike Ducker, Federal Express Corporation's Asia-Pacific vicepresident, said. Federal Express, a unit of FDX Corp, recently reported record quarterly
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        Lock icon HK airport expects to lose HK$500m in first year
        251 50 AFP [HONGKONG] Hongkong's showpiece international airport is expected to lose as much as HK$5OO million (*****.4 million) by the end of its first year in service, the Airport Authority announced. "We have had a difficult nine months of operations in the
        AFP  -  251 words
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        Lock icon Smart tie-up
        72 50 (ZURICH] Smart cars sit on the tarmac of Zurich Kloten airport in front of a Swissair plane. From July 26, Swissair is offering to its customers economy, first and business class a Smart car for 24 hours for free, including fuel, mileage and third-party insurance when they booked
        AFP  -  72 words
      • Article
        Lock icon Japan's big 3 airlines to decide where to fly on millennium switch
        254 50 GETTING READY FOR 72E Bloomberg [TOKYO] Japan's three biggest airlines Japan Airlines Co, All Nippon Airways Co and Japan Air System Co said they will decide in October which routes, if any, they will fly during the change
        Bloomberg  -  254 words
      • Article
        Lock icon UK aviation industry almost ready for Y2K
        264 50 Air traffic control, airports and 87% of air lines folly compliant Reuters [LONDON] Most UK airlines, airports and the country's air traffic control service are now ready for the Year 2000 (Y2K) computer bug, the Civil Aviation Authority said in a statement. It
        Reuters  -  264 words
      • Article
        Lock icon Probe launched into crack at Heathrow runway
        220 50 AFP [LONDON] London's Heathrow airport was forced to close one of its two runways when a huge crack appeared in searing heat of more than 27 degrees Celsius. The British Airports Authority, which runs Heathrow, has launched an internal Inquiry into how the
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        Lock icon Aussie govt's accord with Emirates one-sided: Qantas
        289 50 Reuters [LONDON] Qantas Airways Ltd will consider carefully how to reply to the Australian government's decision to award Dubai-based Emirates airline much increased access to the Australian market, Qantas chief executive, James Strong said. "It is disappointing that the first exchange of rights
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      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1745 50 cnr fucht cta rucrn no GA973 0945 lhuts 0950 MMk AN8230 1850 LM786 1605 $0326 0950 IH6381 l#50 K4586 MOS LH787 2350 S0230 1850 S***** 1605 N***** 2350 MR ISO MM Zm W Ulian 2355 Alter—i $023 0705 RLM4 0040 I 2385 $0327 0745 KL838 2300
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      69 35 Norfolk Southern, CSX digest Conrail network Congestion is easing six weeks after takeover. Page 2 ■r, We Take The Load Off Your Back. Port Solutions That Are Reliable, Efficient And Advanced. PfR Port of Tanjung Pelepas RELIABLE EFFICIENT ADVANCED Pelabuhan Tanjung Pelepas Sdn. Bhd. (*****9-k) No. 3, Jalan Sri Perkasa
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      14 35 Asian express cargo growing 20% a year: FedEx Taiwan underpinning cargo growth. Back Pace
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      1273 36 I NORTH AMERICA I EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LA WEST COAST OF CENTRALTAMERICA (MARGARITA SERVES wssa wr ctasb new iongkaoi onus Houston oocaco mwtom kbcooty visa wr |"'WI nssslmamha I miummto l turn I wmmi i».| ooaunitt mom ?i/i7 5i707 <*/oo To7m
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      695 36 UneS4SerVCeSrepreSen,ea S.ngapJX^^^s Accredited Shipping Agents CjUV Association Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAM PIER/FRE MANTLE (MONTHLY SERVICE) MV "TBN" ETA SIN 26/07/99 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL CARGO rOtT KIAMG/SMGAPOti/MKAItt I lANGCOC ETAPKL ETA SIN ETA MALE EMpnwtUh WW
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      1152 37 TO EUROPE FROM EUROPE ra** l VOY SIM UM AIM HAM OfV SOU fXT UH VtSSa ¥0T RTM ON HAW WV SOU FIT liH SIM NOIMtS olow 14/07 01 /00 03/00 04/08 07/00 HYHDBML 31*24/04 24/04 29/04 21/04 17/07 AH rtut 010W 19/07 05/00 07/0« 10/00 04/00 NOSfl 5271 27/04
      1,152 words
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      1979 37 @HANJIN SHIPPING likPl -S«to *****30 HAHJIW jgggc (S) rn ITD k* im tOOEIXG *****3S 73/ SAUS *****74 731 OOCiMIH *****/1 7/4 OffUIKM ********** MAIM UNt 7227Q55 fAX ***** M aID **********QM TO NW USA CANADA USA CANADA* R V /VOY I- I umS/W r-gri nw DH |ni jo. [nsfi ml
      1,979 words
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      Lock icon Page 37 Advertisements Column 3
      477 37 sa WT SIN KG W SIR HUG ttl IKK HL 5 KMTCEBIURG HQS l»/07 10/07 4IOR 21/07 2S/07 17/07 21/07 30/07 S=lS5 MLI |i| AQIHT OIW 13/07 14/07 14/07 30/07 Ad Lilt 0144 7VD7 74/07 HWMI VtlWTff M 2MZ M| U>T( HOWMOW6 4IOS 25/07 27/07 4IOR 21/07 01/04 03/04 OS/04
      477 words
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      1725 38 DSR SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA ttSSil VOY SW ItH RTM AWB HAM BRV FIX VtSStL VOY *S»T" GIT SP* FOS W.C MTU TRAO€«Mtt.E W0931 It 07 OtM 87 88 16 08 HOI 00 00 PA TWOS S£ NATO* WMMI 15 07 01 00 03 00 06 00 07
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      Lock icon Page 38 Advertisements Column 2
      986 38 JfcAfl MAC-NELS S'PORE M'SIA rTTTT~I Carrier: MN CONTR LINES, INC P. GUOANG: (07) *****26 MW ~J cm NOc 1200S7S0000C SIBU: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P KELANG: (03) *****77 JKT: (21)*****45 KUOHNG (082) *****1-3 BARCELONA VANCOUVER MV NORASIA SHANGHAI" V.9927-4 MV
      986 words
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      Lock icon Page 38 Advertisements Column 3
      678 38 EXPRESS CONTAINER FEEDER FOR N.SHEVA/ COLOMBO Vns«l S PORE N SHEVA COLOMBO PKLANG TULSIDAS V 111 19 JUL 27 JUL 83 AUG M AUG MAS TIGA VIIOW ft JUL 03 AUG II AUG IS AUG CAPE CANAVERAL V 109W 02 AUG 10 AUG 17 AUG 22 AUG TULSIDAS Vll2 09
      678 words
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      1292 39 VEBSEL VOY KHH HKG SIN PKG PQB DXB DMM |BA 1 BIK I! L 5111 14/07 16/07 20/07 21/07 30/07 31/07 01/08 03/08 05/08 5112 21/07 23/07 27/07 28/07 06/08 07/08 00/00 10/08 12/08 US 5113 28/07 30/07 03/08 04/08 13/08 14/08 15/08 17/08 19/08 IdVu PCL-5 1 14 04/08
      1,292 words
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      1982 39 Wnldy Direct Calls to Koto (4 Days), Nagoya (7 Days) Tokyo (8 Doys) l I SHKtSßmifiE ink 80 TEL 226 1900 FAX: *****08 OUTWARD (l/l) ***********1 !ir"2n.i aamo. «W5857/60 INWARD DCPT (0/0) *****85 COSTAR AGENCIES (M) SDN BND *****25 TEL 02-07-35 ***** fAX: 02-07-*****70 naT/Wl* !f/07 Jl, OIN SH» hkg
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      1445 40 I EUROPEAiK^CAWDIWAVIVFIWLAWD/RUSSIA I SGP RDM HBG TUP ZEE LHV IHV THP ROM ANW HBG PKI SGP E. DEVOTE RW-007 17/07 Ob,oB 111 X 07,DJ 09/1)8 10*8 11*8 RIGHT RE-039 Tift* 24*6 23/06 ?SD6 27/OC 16/07 17/07 I SS P d 2, W A° 7 2M,? 12AW IMM 14 16/ M
      1,445 words
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      812 40 JS§fOf# PACIFIC INTERNATIONAL UNES (PTE) LTD I SSSSSm 140 Cecil Street #03-00 PIL Building, Singapore *****0. CR NO IQOBO67OOOQE I imw vpT rti aw "Si STB «L »u« in oT Si mill I HJNGA TEIATAJ 2 2«S 17/7 l»/7 TZTi ,V 7. I I I MftmtwiM rw«o3s ifn iTn K77
      812 words
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      657 40 ffa> NANTAI LINE j FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel I VOT 1 SIM 1 PU) IDW I JW» I CFT |wT HAMTAlvaifi YO3SS 20/07 21/07 01/ M 04/08 OA/08 M/ 08 HAKIAi DtAGOW YOI4S 71/07 07/08 11/08 M/P» It/M WAKIAIQUEEH V.O3AS 08/08 17/08 21/08 24/W 74/08 "w/M~
      657 words
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      457 41 KA4 MR MYANMA WBm FIVE STAR LINE (Myanmar National Line) Loading for Yang on (Rangoon) ttSSH VOT SIN PKL PEN PGU SAGAING WW SID PAGAN 260W SU> MALAYSIA AGENTS. ROUSTEAD SHIPPING AGENCIES KUI; Til (03)*****00 PKL TU (03) 376*101 Kit Til (04)2****** PGU: 1H (07)*****21/4 BANK LINE (A ttrvicc of
      457 words
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      1216 41 l _HYUNDAj_MERCHANT MARINE CO., LTD. IVBSa VOT |Ml SOU IB! RTB ANT IMM RRV IB IVESSB VOY SOU I 181 Imlunl um m NOIHS 010W 16/07 06/00 07/00 01/06 03/00 KYFBJQtAt 31K 23/06 30/06 26/06 29/06 TT/M ££01?J22 04/01 /0 07/00 5271 02/07 03/07 27/06 29/06 11/07 HY COBMOOORE 320W
      1,216 words
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      907 41 1 WAUENIUS WILHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HEAVYUFT SERVICE" J l™" 1 I VOT 1 MOP HCIGHT SIN I LAX Ctl MIA SAV BAL QBE NTC MW MM I !?f!L. AH 2 400 63M 25/07 1570T 03/09 06/09 08/09 10/09 11/09 13/09 17/09 11/M~ 1 I*®" 6
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      1863 42 BANGKOK/MAP TA PHUT/LA EM CHABANGj JAKARTA/PAN J A NO VESSEL VOY SIN BKK MTP LCIT" VESSEL VOY SIN JKT PJN MATHU BHUM 423N 17/07 21/07 20/07 AKA BHUM* 3S2S 17/07 21/07 XETHA BHUM" 292N 16/07 21/07 22/07 ANRO JAYAKARTA' 098 17/07 20/07 LILA BHUM 114N 20/07 23/07 24/07 ACX JADE*
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      47 43 WALLENIUS WILHELMSEN VL HMWMfHI Calling More Than 1500 Worldwide Destinations. Turn To Pg 7 Daily Find out more on Pg 13 FROTA GLOBAL INDIAN OCEAN JOINT SERVICE SHIPPING AGENCIES? To N. BRAZIL L k Under HAISUN HUP AMAZON Pg 13 ON EVERY MON/WED/FRI 12 0N EVERY MON/WED/FRI
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      46 45 ■aTil STEfc~bDial74o-6000 Oil GGITIdnO (Retrieve more schedulesl) st Press *1" JCV Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number your phone number Arvother Innovative service offered by The dOCUIT)ent Will be Shipping Times
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      162 46 Smteri OMLLhW.Ltd 1 -ntrr bb—woolw—mwAtmai. \~~.J (FOREST PROMJCTS SERVICE) (Sen* (4m Service For dinstmits Island Frevnuntie Cxxxm Island) EUROPE SERVICE **Alm» call other wwl Australia port; subject to inducement WW SKN KKU TWA VISSQ VOT. SIN CXI FNU COS RUMN STELLA V3IA 30/07 02/08 05/01 IQAPWO rot: JtDOAH/Sm/fIUSHtWG/AMTWttr WRSTEN 41S8
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      Lock icon Page 46 Advertisements Column 2
      177 46 LINE *J Fl I L tO ill IBm bIIbbII LIBYA TOMUQ BINOHAZI MISURATA TRIPOLI LuuJ IvissaimKl votwo I a I w I m mam dot to> «h ms m TFTfOUB sill SKOAUSTH 30/07 71/07 31/07 WAIUTtI 02/01 12/W 14/ M 14/W 17/01 lAMBI SI I? UITAN TtAM 77/07 It, 01
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      Lock icon Page 46 Advertisements Column 3
      164 46 3= ESP LINES WllKlY ICI AMD Kl SUV ICE HUMS! mm OffTTMOM, MHCTCTf. HONS IOM6 HAMOK, NTTBBM KMMAT, OOUMMO IUACTA. MMU AKTWW, FEUXSTOWI CMQffU WMMMIW— MgKMt (OMTAMKISH) MttONKUW MWC vpsa/voT*a stom j»t m gg sw iumjmam ii/it nm a* BMW I /W3S-C3S 71/* KM s. am* /o»s vm nm HWI
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      752 47 SAM UP ERA SHIPPING LINE LTD mßhh 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 _BOOKIMGS CALL DIRECT LINE: 535 6266 Celia/Jessica/Mei Chan/Jeslynn/Dora/lvy/Hanim 8 slgs/week every 4 days vessel voy sin jak ~l
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      967 47 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I H« I S* I *T SUB 1 HW I fOG CMO BOM I HAL I NYL I 0« I SAV WW I TAM HOtP) HOfOH wmtiv* /MS? 04/00 10/01 13/01 IS/M IS/00 70/01 01/W 04/W 02/10 05/10 07/10 10/10 14/10 H/10
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      108 47 SHIPPING* WAREHOUSING nnnHH Baton: Suigaputv Landing I>ail> Man to Sal (BATAMINIX) l/lll) Accepting KlX\wtvet*Kwial/Pm)ecl/Efcav> I jfl Cai£o& ReeferCortainer Biataa: Sinpapute lauding Mon. Wsl &In (BATAMINIX) II) Accepting KIX 't*iventmnal/Pmjtxl Hea\\ I aft Carp) T«t: 227 0322 Fax: 222 9330 BatMHMio Skipping Warehousing Pte Ltd 7« fapH «—d Ml r«f» W-S1
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      656 47 Singapore Soviet Shipping CPL a No lOOSOUOOOOM Multiline Shipping PL J (WMrOmdS^ry) 0 Ho 147&*****00 C VESSEL VOY SIN BOM WIG PKL KOTA RUKUN RKNO43 19/07 26/07 TU 06/08 KOTABATU RTUOSI 24/07 31/07 TU 11/08 KEOAH 133 M 0 VQ*J M/M TIA H/OS [VESSEL VOY SIM CALCUTTA SIM PRIME VALUE
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      589 48 I 'vessel voy sin maa sin I TIGER BAY 722N 18-19/07 23-28W)7 02 03m I TIGER ISLAND 723N 21 22/07 27 01/08 05-06,08 I TIGER PEARL 724N 2&2&07 300&08 10-11,-08 I TIGER SEA 725N 2&29/07 *****8 I TIGER BAY 726N 02W08 07 11/08 1&17/08 I TIGER ISLAND 727N 11 16,08
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      1043 48 FREIGHT LINKS EXPRESS |||p Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com. sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO 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
      1,043 words
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      1321 48 OOCL (Singapore Pte Ltd CFS Keppel Dislrpk 65 CMm St OCK Clr #42-00 *****13 Bfc 513 #01-12» vJ! Ct NO **********0H T«i: 272 7827 book,ng JTjU Tel: *****83 Fai: 438 2966 fax: 272 7825 I enaukv MJL KtM Orient Overseas Container Line (Malaysia) Sdn Bhd (Reg Na *****2-UI call /p\
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      128 49 LEGEND: R Thunderstorm Temperoture c y Shower Weother Wind direction with speed in knots Roin Cloudy Sky Wov# h#, h Surface winds ort indicated by arrows which fly with the wind Ql/ on ♦vjfl circle represent* calm or light ond variable winds One holt Heche represents 5 knots I—m. One
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      336 50 I NOTICE TO INTRA-ASIA TRADE~| The undermentioned shipping lines in the Intra-Asia trade would like to inform all shippers that: (i) The Singapore Currency Factor (CAF) will remain at US$ 0/20", USS 0/40' and USS 0/RT (LCL CAF) for the period Ist August to 30th November 1999. (ii) The Japan
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