The Business Times, 23 July 1999

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Total Pages: 60
1 60 The Business Times
  • 22 1 THE BUSINESS TIMES MITA (P) 04H/ia^9H 85c S I N (i A P O R E Internet: http://business-times.asial.com. sg/ FRIDAY, JULY 23,1999
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  • 64 1 *n OTI mm WRM (-29.45) mm ***** (-5.06) SMSCI FUTURES 28U0 (-1.70) QIgJUETMOOOe STOCK MARKET INDICES Thursday Change KLSE COMP 829.77 -*88 NIKKEI 17,***** -627.18 HANG SENO *****.06 -60.60 SET INDEX ***** 964 JAKARTA COMP —***** +1.66 MANILA COMP __2.488.62 -30.83 TAIPEI WPI 7J678.67 -107.98 SEOUL COMP 976.66
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  • 80 1 FOREX BATES us$ ss US$ 1999 £(l'SS/S$ per 1.575 1675 EURO(US$/S$ per E) 1.048 1.780 OH 1.866 0.910 YEN 118.4 1.434 RM 1800 0.447 HKS 7.761 0119 BAHT 8732 0.046 RUPIAH 6,776 0.0» St to 100 uniu P1ME1ATES SINGAPORE* 5.80 KUALA LUMPUR 7.25 JAKARTA 4000 BANGKOK 10.00 MANILA 1100
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  • 545 1 lam LATESI June rate hike has not eliminated risk of inflation, he says Bloomberg [NEW YORK] US stocks faltered yesterday morning after Federal Reserve chairman Alan Greenspan hinted in congressional testimony that interest rates could head higher. At noon EDT,
    Bloomberg  -  545 words
  • 694 1  -  Authorities urged to intervene to preserve Japan's competitiveness From, Anthony Rowley in Tokyo TOKYO stock prices plunged yesterday as investors grew alarmed at the turbulence of the yen-dollar rate since new monetary chiefs took over the controls in both Washington
    Source: Bloomberg  -  694 words
  • 301 1  -  S'pore market falls for fifth day in six sessions, led by SPH By R Sivanithy [SINGAPORE] A steep drop in Japanese equities and caution ahead of US Federal Reserve chairman Alan Greenspan's congressional testimony on the US economy put nearly every regional stock
    301 words
  • 557 1  -  Something is wrong when yon gain without taking any risks, says Dr Mao By' Teh Hooi Ling [SINGAPORE] Listed companies wanting to buy back their shares should use a competitive bidding system, similar to the current auctioning method for Certificates of Entitlements (COEs),
    557 words
  • 383 1  -  Price tags top Cnscaden Residence, sold ont at $1,500 psf By\ Marissa Chew [SINGAPORE] Reflecting the revived interest in upmarket apartments, Far East Organization (FEO) is stepping up its marketing of its Gardenville project on Walshe Road this weekend with an
    SIEW YAW HOONG  -  383 words
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  • SINGAPORE AT HOME & ABROAD
    • 479 2  -  220-unit project sits on 183,000 sq ft in Orange Grove area ity i Corinne Kerk THE Orange Grove Road area is turning into a service apartment belt with the addition of the sprawling Treetops Executive Residences at the end of this
      479 words
    • 403 2  -  Hy Corinne Kerk BEACH Corner, a six-storey commercial building at Beach Road, is up for auction in two weeks' time, with market sources expecting a sale price of between $15 million and $17 million. Located across the road from Shaw Towers, the building
      403 words
    • 268 2  -  They attribute success to sale coinciding with school holidays By. Rahita Elias SINGAPORE retailers enjoyed a boom during the month-long Great Singapore Sale (GSS), with two-thirds of them seeing sales rise by an average of 25 per cent year-on-year. The Singapore
      268 words
    • 396 2  -  Discussions still at early stage, price not fixed yet w Teh Hooi Ling CABLE Wireless pic (C&W), the United Kingdom's second largest phone company, is in talks to sell its 30 per cent stake in Singapore's second mobile
      396 words
    • 275 2  -  By\ Soh Tiang Keng CATLIN Underwriting Agencies (CUA), a Lloyd's underwriting syndicate, plans to set up a Singapore office soon to develop and write insurance business in the Asia-Pa-cific. CUA has obtained in-prin-ciple approval from the Monetary Authority of Singapore to open
      275 words
    • 293 2  -  EYE ON THE ECONOMY Commerce By Marissa Tan FOOD and beverage outlets continued to see lower sales in April, with revenues collected by cessable F&B establishments falling 11.9 per cent year-on-year. This brings the revenues collected by the outlets so far this year to $448.3
      Source: STB  -  293 words
    • 428 2  -  By Raju Chellam (SINGAPORE) Singapore may not legislate to limit liability for disputes arising out of the year 2000 (Y2K) bug, unlike the United States and England, because such legislation may be counter-pro-ductive and would have a negative impact on
      428 words
    • 366 2  -  By' Tan May Ping THE Television Corporation of Singapore and Singapore Bus Service yesterday launched a public trial of TVMobile, or TV on-the-move, where bus commuters can catch the latest news or a favourite programme while commuting. Five SBS service No 7
      ARTHUR LEE  -  366 words
    • 682 3  -  COMMENTARY A waiver for start-ups will provide additional Incentive to attract and retain quality workers By Kenneth James A SOCIETY where it's common to have workers owning equity in their companies, sharing the risks with employers and investors it must have been music to
      682 words
    • 477 3  -  US poll shows their sales growing 51% faster than those with mgt-only options, he says By, Jennifer Lien COMPANIES which give stock options to a wider pool of staff tend to perform better than those which limit these options to
      SIEW YAW HOONG  -  477 words
    • 500 4  - Allen Gledhill ranked with int'l big names in survey It's only local firm to score in areas like corporate finance ity Catherine Ong SINGAPORE'S biggest law firm, Allen Gledhill, was the only local practice to be ranked among the international big names in a regional survey of corporate clients' satisfaction
      500 words
    • 860 4  -  ASEAN MINISTERIAL MEETING Consider the East Asian market too, says sec-gen By Yang Razali Kassim SPEAKING to a gathering of the Asean Business Forum yesterday, Asean secretarygeneral Rodolfo C Severino made a timely call for a more regional outlook for Asean business. Signs of economic
      860 words
    • 292 4  -  MAILBAO W Chen THE current system for foreign currency IPOs is a complete joke. In fact, it is robbery by the banks. Your Hock Lock Siew writer R Sivanithy's calculation of Ssl.6 million conversion fee for the banks ("Time to take a long hard look
      292 words
    • 336 4  -  Plan to partly inject stake into Keppel Philippines Properties By- Audrey Tan in Manila THE Keppel Group yesterday opened its one billion peso (5544.2 million) Keppel Center in Cebu, which it intends to partly inject into Keppel Philippines Properties Inc (KPPI)), a
      336 words
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    • 715 4 m iHgJI i"ng z —iJI L 1 AA National Bank of Kuwait I (Incorporated in Kuwait with limited liability) Consolidated Balance Sheet auditors 1 report At 31 December 1998 For the year ended 31 December 1998 1906 1997 i uf KDfwv* Knnnn'q Cash and short term funds 4 2744 M
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  • SOUTH-EAST ASIA
    • 473 5 KUALA LUMPUR Jailed ex-DPM wants investigations into steelmaker's RM2.9b losses Reuters AFP MALAYSIAN opposition leaders urged the police yesterday to investigate a complaint by jailed former finance minister Anwar Ibrahim linking Prime Minister Mahathir Mohamad to a loss-making steel venture. The complaint said
      Reuters; AFP  -  473 words
    • 118 5 ■JAKARTA Reuters INDONESIAN state electricity firm PT PLN said it has lost up to US$lB billion (5530.6 billion) from 54 projects through corruption, collusion and nepotism, The Indonesian Observer daily reported yesterday. Included in those 54 pro- jects were 26 projects involving
      Reuters  -  118 words
    • 423 5 KUALA LUMPUR Syed H&mid urges moving out of the old mould Bernama RELATIONS between Malaysia and Singapore should be premised on a "win-win formula" endorsed by their citizens, said Malaysia's Foreign Minister Syed Hamid Albar. Both countries should move out of the old mould and
      Bernama; FILE PHOTO  -  423 words
    • 152 5 JAKARTA Reuters INDONESIAN investigators said yesterday they would put on hold their graft investigation of former president Suharto until he is 100 per cent healthy. Mr Suharto was admitted to Jakarta's Pertamina hospital on Tuesday after suffering a mild stroke.
      Reuters  -  152 words
    • 209 5 BANGKOK Fonr more years for it to recover: real estate association AFP [BANGKOK] The market for office space in Thailand needs at least another four years to recover with three million square metres completed only last year, the Real Estate Association said yesterday. Association
      AFP  -  209 words
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  • ASIA ON THE MEND
    • 628 6  -  Bnt poor results in Japan, HE will drag down region's growth to 1.5%: poll From Neil Behrmann in London ECONOMISTS who were cautious about Asian recovery earlier in the year now expect a sharp increase in growth during 1999 and 2000. The average forecast
      628 words
    • 364 6 Reuters [TOKYO] The prospects for Japan's economy have improved in recent months, but the road to a sustainable recovery appears long and painful, a Reuters survey of economists showed yesterday. On average, 30 economists forecast zero economic growth in Japan for the
      Reuters  -  364 words
    • 155 6 Reuters [KUALA LUMPUR] The Malaysian government will consider issuing new bonds in the Japanese and European markets if the need arises, Deputy Finance Minister Nazri Aziz said on yesterday. The national Bernama news agency quoted him as telling Parliament the government
      Reuters  -  155 words
    • 293 6 AFP [PARIS] In 20 months South Korea has recovered from near disaster with radical market reforms, but restructuring must be forced ahead to sustain growth, the Organisation for Economic Cooperation Development (OECD) warned yesterday, upgrading forecast growth sharply. The OECD signalled surprise at the strength
      AFP; FILE PHOTO  -  293 words
    • 192 6 Bridge News [NEW YORK] A top analyst at Moody's Investors Service yesterday said his agency has no plans to follow Standard Poor's (S&P's) decision to downgrade China. In an interview, Thomas Byrne, vice-president on Moody's sovereign rating desk, said the rating outlook
      Bridge News  -  192 words
    • 755 6 Markets have become casinos for banks, investors NYT [SINGAPORE] In one of South-east Asia's perplexing riddles, investors keep ploughing money into the region's stock markets even as governments dither over the urgent financial and regulatory overhauls many of them promised in the wake of
      NYT  -  755 words
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  • CHINA-HONGKONG-TAIWAN
    • 561 7 BEIJING In HE, Hang Seng drops 0.4% as investors view news with caution Reuters Bloomberg CHINA'S move to ban the Falungong sect yesterday sent shivers through the country's share markets, while it also dampened investor sentiment in Hongkong. Beijing accused Falungong adherents
      Reuters; Bloomberg; REUTERS  -  561 words
    • 439 7 TENSION Dt TAIWAN STRAIT No one should consider force, US president says Reuters FT AFP [WASHINGTON] US President Bill Clinton on Wednesday urged China and Taiwan to show restraint in their standoff over Taiwan's controversial new China policy. "No one should contemplate force here,"
      Reuters; FT; AFP  -  439 words
    • 304 7 SAN FRANCISCO AFP HONGKONG Chief Executive Tung Chee said on Wednesday he was concerned over any potential clash between Taiwan and mainland China. "Any conflict in the region would affect Hongkong and the whole world," he said in response to a question at
      AFP  -  304 words
    • 313 7 ■HONGKONG Bloomberg HONGKONG consumer prices posted their biggest ever fall last month as the cost of footwear, clothing and rent extended their falls. The composite consumer price index, the benchmark measure of inflation, sank 4.1 per cent in June from a
      Bloomberg  -  313 words
    • 189 7 SYDNEY AFP MACQUARIE Bank, Australia's only listed investment bank, is exploring an initiative to become the first western bank to set up a mortgage securitisation business in China. The bank said yesterday it was one of a number of options it was working on
      AFP  -  189 words
    • 369 7 SHANGHAI Govt said to be planning np to 100b yuan bond issue AFP CHINA is preparing to roll out "significant" new fiscal measures to boost the country's slowing, deflationary economy, Vice-Premier Li Lanqing was quoted as saying yesterday by all major dailies. He
      AFP  -  369 words
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    • 131 7 No Mystique in this Magnificent Investment nx e o CO rm PERSIAN ANTIQUE TABREZ Very Rare In Good Condition about 200 years old A Good Persian Carpet has a charisma which derives from an aesthetic A fusion of design, artistry, technical construction, durability, symbolism, s 1 history and age. DOWN
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    • 195 8 ■kJ^HHHKSaSSH^HH^^^H A ijrt. t w 9W 1 i» IriT^r Pf i-; i |^%^H9: ,1 I f 2 ilr I IEfIB 111 £]nKli^HlHßHHi^^Mi^^^^^^^^^^^^K9!3^^^HlKZiJ£^KE%>JWMi&^H^^Mi^BPwPlffP*P*PJPH l IPIIt i hLL^^lllk I isHliillNKlH *IHBA f#y» 1 V So many things to remember, so little time. But with the Voice Note™ recorder on the Motorola L-series,
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  • ASIA
    • 483 9 TOKYO (Exports hit by weak lsian economies bat there're signs of regional recovery AFP JAPAN yesterday posted a lower trade surplus for the first half of this year as weak Asian economies hurt exports but latest figures showed the first signs of regional recovery.
      AFP  -  483 words
    • 374 9 i SYDNEY AFP TAKING another step forward in the deregulation of the country's telecommunication fndustry, Australian regulators yesterday opened the local telephone call network up to competition, v In a ruling which it said ■Would bring the price of local phone calls
      AFP; FILE PHOTO  -  374 words
    • 448 9 SEOUL Move signals turning point in low interest rate policy Reuters SOUTH Korea's central bank yesterday joined the International Monetary Fund (IMF) and researchers in sounding an alarm on inflation, signalling a turning point was near in the country's low
      Reuters  -  448 words
    • 323 9 SEOUL They will extend another 2.5t won in call loans by end July AFP CREDITORS of South Korea's Daewoo Group are moving fast to prevent the feared collapse of the embattled conglomerate, government and banking officials said yesterday. Yonhap News Agency said creditor
      AFP  -  323 words
    • 425 9 NEW DELHI It's turning around but missing ingredient is investment Reuters THE Indian economy is staging a turnaround on the back of consumption-led growth, but a broad-based recovery will hinge on the outcome of parliamentary elections in September-October, economists said yesterday. Macroeconomic indicators
      Reuters  -  425 words
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  • THE WORLD
    • 484 10 LONDON Probe into improper marketing activities in Austria, Denmark, Germany Reuters SOFT drinks giant Coca-Cola Co, still reeling from a contamination scare in Belgium and France, suffered a fresh blow in Europe yesterday when regulators raided Coke offices and seized internal documents. Investigating suspicions of
      Reuters  -  484 words
    • 244 10 WOODS HOLE, Massachusetts Reuters AMERICA'S most famous political family boarded a US Navy destroyer yesterday morning to scatter the ashes at sea of John F Kennedy, Jr, his wife and her sister as the nation mourned the loss of a favourite son. The
      Reuters  -  244 words
    • 250 10 NEW YORK LATWP Bloomberg APPLE Computer Inc on Wednesday previewed its long-promised portable computer for the consumer and education market a colourful companion to the highly successful desktop iMac. The new portable, dubbed ißook and touted by interim chief executive Steve Jobs as "an
      LATWP; Bloomberg; REUTERS  -  250 words
    • 464 10 LONDON Investors could exit in droves for fear of Y2K chaos: analysts Reuters INVESTORS could pull out of emerging markets in droves before the year-end for fear of millennium bug chaos, some analysts say. Just as emerging markets appear to be bouncing
      Reuters  -  464 words
    • WORLD Watch
      • 81 10 Reuters [LONDON] Britain yesterday announced a new joint venture body to manage projects with the private sector as part of a shake-up in the way government manages its £13 billion (5534.8 billion) annual procurement budget. The Treasury said the new body, Partnerships UK, would employ
        Reuters  -  81 words
      • 71 10 Reuters [LONDON] Trade and Industry Secretary Stephen Byers published plans yesterday to tackle "rip-off Britain", a populist policy which aims to cut retail prices, protect consumers and put rogue traders out of business. Dubbed a "shoppers charter" by the media, the draft laws aim
        Reuters  -  71 words
      • 56 10 AFP [GENEVA] Mike Moore and Supachai Panitchpakdi were officially appointed yesterday to the post of director general of the World Trade Organisation. Under a hard-fought compromise, former New Zealand prime minister Moore will head the WTO until Sept 1,2002, when Thai Commerce Minister Supachai will
        AFP  -  56 words
      • 53 10 AFP [WIESBADEN, Germany] Cars were the main motor behind export growth in Germany in the first four months of the current year, data published by the Federal Statistics Office yesterday showed. Germany exported motor vehicles worth 58.5 billion marks (5553.2 billion) in the period from January
        AFP  -  53 words
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    • 81 10 MADE IN GERMANY Cabin trolley exquisite metallic silver with auto lock, pull-up handle and two castors 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 grooved structure provides greater strength and resistance to
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  • EDITORIAL & OPINION
    • 830 12  -  THE BOTTOM LIME OPINION ByA\ Anthony Rowley The writer is BT's Tokyo correspondent THE Asean Regional Forum, bringing together the 10 member states plus their "dialogue partners" (the US, China, Japan, Russia and the European Union) has an extraordinarily large and important agenda
      830 words
    • 131 12 Daewoo is like a time bomb. We just began removing the detonator.' Lee Hon J&i chairman of the Korean government's Financial Supervisory Commission, on why Daewoo creditors plan to extend payment on as much as 10 trillion won (S$ billion) of debt due this week. 'Foris reminds
      131 words
    • 629 12 EDITORIAL IF there is one area in which Singapore has begun, and not a day too soon, to shape up to be the knowledge economy it aspires to be, it is in education. From schools to universities, radical changes are sweeping through the system that will
      629 words
    • 1144 12  -  Venture capitalist Vinod Khosla knows that real wealth lies in the next good idea By] Roger Taylor FT "THE new economy is not about brawn, it's about the power of ideas," says Vinod Khosla, one of Silicon Valley's leading venture capitalists. The story
      FT; FINANCIAL TIMES  -  1,144 words
    • 136 12 Age: 44. Education: Bachelor of Technology in Electrical Engineering from Indian Institute of Technology, New Delhi; Master's in Biomedical Engineering from Carnegie Mellon; MBA from Stanford. Career: Tried starting a business in India but found the environment too hostile. Went to California and founded first Daisy
      136 words
    • 911 12 How to wtn peace In Aceh ON MONDAY at around dawn, five riot troops were ambushed and shot dead by rebels in the village of Reng Krueng in the troubled Pidie regency, about 170 km east of the provincial capital of Banda Aceh. Another 20 soldiers
      911 words

  • COMPANIES & MARKETS
    • 517 13 Bloomberg [SINGAPORE] Singapore Technologies Pte plans to list shares in at least three units, including Chartered Semiconductor Manufacturing Ltd, in the not-too-distant future, looking to raise the profile of the staid group. The company one of the biggest state-owned
      Bloomberg  -  517 words
    • 681 13  -  INTERIM EARNINGS REVIEW: ELECTRONICS Analysts polled say electronics firms' performance will be 'very sector-specific' By Jennifer Lien [SINGAPORE] While the interim results season will feature the usual gems among electronics companies, not all listed firms in the sector will see year-on-year improvements, analysts said.
      681 words
    • 656 13  -  HOCK LOCK SIEW Siow Li Sen BUSINESS schools in Singapore will soon be able to rely less on foreign case studies and draw on corporate cases involving local companies. DBS Bank provides a perfect case study of mergers and acquisitions, and the
      656 words
    • 616 13  -  Company scraps USS2OOmRNPS rights issue By Ven Sreenivasan [SINGAPORE] Faced with overwhelming response from institutional investors, NOL has increased its international share placement (ISP) issue to US$5OO million (SsB49 million) and scrapped its planned US$2OO million nonvoting redeemable non-con-vertible preference share (RNPS) rights issue. NOL
      616 words
    • COMPANIES
      • 274 14  -  By < Carol Eng [SINGAPORE] LC Development (LCD) has fixed the cash adjustment for its deal to buy LC Hotels (LCH) at $492,000 a month for the four months ended April this year and $437,000 a month from May until the completion of
        274 words
      • 252 14  -  Ky\ Rahita Elias [SINGAPORE] Cathay Organisation Holdings (COH), which has achieved listing status through the reverse takeover of Ses-daq-listed IMM Multi-Enterprise, yesterday launched its new look and corporate identity. Marking the launch at Orchard Cineleisure was the rising of a giant balloon from the
        ARTHUR LEE  -  252 words
      • 286 14  -  CORPORATE RESULTS 7.53% rise in interim earnings for DBS Land unit despite turnover fall; profit margins seen rising By David Boey [SINGAPORE] DBS Land unit Australand yesterday posted a 7.53 per cent rise in interim earnings to A 531.45 million (5534.5 million) and expects to better its
        FILE PHOTO  -  286 words
      • 306 14  -  Writebacks largely responsible for 17.5 x jump in earnings By I Corinne Kerk [SINGAPORE] Thanks largely to writebacks, main boardlisted Central Properties yesterday reported a 17.5 times jump in interim net earnings to $23.2 million. However, turnover at the Khoo Teck Puat investment
        306 words
      • 227 14  -  Byi Carol Eng (SINGAPORE] Closed-end fund General Securities Investments has returned to the black with a $2.9 million interim net profit, compared to over $23 million worth of losses previously. For the six months ended June, earnings per share worked out
        227 words
      • 330 14  -  From Eddie Toh in Kuala Lumpur MALAYSIAN tycoon Vincent Tan has sold more shares of his flagship Berjaya Group to a level below what he had pledged to hold when making a cash call last December. Berjaya said its chairman and
        330 words
      • 425 14  -  Tapering NPLs mark improvement, bank's chief exec says From, Ruth Wong in Kuala Lumpur UNITED Overseas Bank (Malaysia) Bhd (UOBM) chief executive officer Francis Lee said the banking environment had stabilised in the first half of this year, and expects a more
        425 words
      • 269 14  -  Stakes in substantial holder Gl5 sold to investment funds By i Corinne Kerk [SINGAPORE] Engineering firm Lindeteves-Jacoberg (LJ) yesterday announced that nine of its managers have sold shares in Gl5 Investment Holdings a substantial shareholder of the company to a fund management group. The purchasers,
        269 words
      • 217 14 [SINGAPORE] Wooden pallet maker LHT Holdings yesterday said its initial public offer was 136 times subscribed. Applications for a total of 2.7 billion shares were received for the 20 million shares available to the public when the offer closed at noon yesterday.
        217 words
      • 183 14 [SINGAPORE] Raffles Holdings, the hotel arm of mainboard listed developer DBS Land, is venturing into the Indonesian resort island of Bali where it will build a 210-villa resort in partnership with an Indonesian firm. The DBS Land unit
        183 words
      • COMPANY Briefs
        • 56 14 [SINGAPORE] Singapore Technologies Engineering (STE) yesterday announced that The Capital Group Companies (TCGC) has acquired 1.8 million shares representing 0.07 per cent of its issued share capital at $2.06 per share. This raises TOGC's stake in STE to 181.4 million shares or 6.4 per
          56 words
        • 62 14 [SINGAPORE] Informatics Holdings (IH) yesterday announced that PT Informatics Rigtenders Indonesia (PTIR), a subsidiary company, has increased its paid-up capital from U*****,000 (Ssl.l million) to U*****,450 by an allotment of 1,845 shares of US$lO each fully paid. IH has a 60 per cent stake in
          62 words
        • 97 14 [KUALA LUMPUR] Hwang-DBS Securities will raise its stake in its 49-per cent asset management arm, Hwang-DBS Asset Management (HDAM). In a statement to the Kuala Lumpur Stock Exchange last night Hwang-DBS Securities said it has agreed to buy a 32-per cent stake in
          97 words
        • 75 14 [KUALA LUMPUR] Pantai Holdings said it has not increased its stake in PhileoLand. However, Pantai, controlled by Mokhzani Mahathir, said it has entered into discussions with the existing shareholders of PhileoLand "with the view" to raising its stake in PhileoLand. Pantai issued the statement in
          75 words
        • 94 14 Reuters [HONGKONG] The Stock Exchange of Hong Kong (SEHK) said yesterday that it was aiming to launch its new second board, the Growth Enterprise Market (GEM), in October this year. The stock exchange published the listing rules for the GEM yesterday. GEM Listing Committee
          Reuters  -  94 words
        • 68 14 Reuters [KUALA LUMPUR] Malaysian financial services firm Rash id Hussain Bhd said yesterday that Khalid Ahmad quit as its director on Wednesday. The news followed Mr Khalid's resignation as executive chairman of Malaysian Resources Corp Bhd (MRCB) on Wednesday. Diversified MRCB has a 16 per
          Reuters  -  68 words
        • 72 14 Bloomberg [KUALA LUMPUR] The Malaysian bourse said it will end the one-day delay for settling stock transactions when it implements a new system and assigns clearing functions to three foreign banks Citibank Bhd, Deutsche Bank Bhd and HSBC Bank Bhd—next week. The
          Bloomberg  -  72 words
    • INTERNATIONAL COMPANIES
      • 433 15 It eyes acquisitions in transportation, e-commerce after flotation: chairman LAT—WP [LOS ANGELES] United Par eel Service (UPS) of America Inc, one of the nation's largest privately held companies, said on Wednesday it plans to sell 10 per cent of
        LAT—WP  -  433 words
      • 79 15 [TOKYO] Miki Shimizu of NEC's optical storage division shows off its new optical video disc, MVDISC (Multimedia Video Disc) and its video recorder, GigaStation, yesterday. GigaStation has the advantages of quick access, quick editing and quick response over current video recorders and can store 1 hour,
        AFP  -  79 words
      • 432 15 Bloomberg [DULLES, Virginia] America Online Inc (AOL), the world's largest Internet service, said its fiscal fourth-quarter profit more than doubled as it signed up 755,000 new subscribers and advertising revenue surged. AOL earned US$l56 million (*****.9 million), or 13 US cents
        Bloomberg  -  432 words
      • COMPANY Briefs
        • 86 15 Bloomberg [KANSAS CITY, Missouri] Sprint Corp, the No 3 US long-distance phone company, said second-quarter profit rose 6 per cent on strong demand for Internet and data services. Earnings rose to US$3B6 million (***** million), or 44 US cents a share, from
          Bloomberg  -  86 words
        • 92 15 Reuters [HONGKONG] The Stock Exchange of Hong Kong (HKSE) said yesterday that it aims to launch its new second board, the Growth Enterprise Market (GEM), in October this year. It published the listing rules for the GEM yesterday. GEM Listing Committee members will
          Reuters  -  92 words
        • 66 15 Bloomberg [MELBOURNE] National Australia Bank said third-quarter net income rose 12.6 per cent, in line with expectations, as it diversified its business, cut costs in the domestic market, and provided more home loans. The bank reported it made A 5697 million (*****.7 million) in the
          Bloomberg  -  66 words
      • 293 15 Bloomberg [SEATTLE] Amazon.com Inc, the Internet's largest retailer, said its second-quarter loss widened because of increased spending to promote and expand its Web site, while revenue more than doubled. Amazon.com also said it will split its stock 2-for-l. Its loss grew to US$l3B million
        Bloomberg  -  293 words
      • 259 15 Reuters [AMSTERDAM] Philips Electronics NV said yesterday that its second-quarter net earnings fell by 28 per cent, but expectations of a favourable second half reinforced its target of double digit growth in the full year. Philips posted net income from
        Reuters  -  259 words
      • 446 15 New range of phones helps it maintain edge over rivals Bloomberg [HELSINKI] Nokia Oyj, the world's largest cellular phone maker, said second-quarter profit rose 59 per cent as new phones helped it maintain an edge over rivals Motorola Inc and Ericsson AB. The Finnish company's
        Bloomberg  -  446 words
    • FINANCE & COMMODITIES
      • 615 16 NET TRADING FRENZY Venture could be one of the most efficient computerised stock trading posts NYT [NEW YORK] Fidelity Investments and Charles Schwab Corp have been fierce competitors in virtually every business in which they operate mutual funds, stock brokerage, online trading. But
        NYT  -  615 words
      • 486 16 It's turned USs3om bet into investment worth USs7som Bloomberg [NEW YORK] Chase Manhattan's Susan Segal had been in her job a few months when she started investing the bank's money in a littleknown Internet firm. Two years later, the U5529.5 million (Ssso
        Bloomberg  -  486 words
      • 411 16 Mitsubishi, Wit Capital form on-line investment bank Reuters Bloomberg [TOKYO] Jumping into what is fast becoming one of the most crowded markets in Japan, trading house Itochu Corp said yesterday it would team up with Microsoft Corp and others to launch stock broking services
        Reuters; Bloomberg  -  411 words
      • 327 16 AFP [PARISJ The takeover battle in France to create the biggest bank in the world by assets moved into a new stage yesterday when BNP bank forecast a big profits increase and said it was assured of support from five foreign investors
        AFP  -  327 words
      • 175 17  -  Heports MSG! Singapore Index Daphne Tay THE Singapore stock market suffered another bout of weakness yesterday in the absence of fresh leads and a lack of institutional interest. The Straits Times Index lost 29.45 points or 1.4 per cent to close at 2,067.89. The
        175 words
      • 132 17  -  MSCI Taiwan fatores Cecilia Loh THE Simex MSCI Taiwan Stock Index futures plunged 7.40 points after failing to maintain its upward momentum as cross-strait tensions continued. The Taiwan Weighted Price Index closed 107.98 points down led by the chiprelated sector as foreign investors posted
        132 words
      • 290 17 ENERGY REPORT Reuters [LONDON] Oil prices traded sideways yesterday after Venezuela's president said the Opec nation saw no need this year to ease supply limits. London September Brent futures traded four cents higher at U5518.63 a barrel by 1500 GMT having touched
        Reuters  -  290 words
      • 325 17 AFP AFX-Asia London THE US dollar was sharply lower against the yen ahead of congressional testimony by Federal Reserve chairman Alan Greenspan, undermined by opening losses on US stock markets, dealers said. They said the shaky Wall Street start triggered fresh outflows, with the dollar's fall through technical
        AFP; AFX-Asia  -  325 words
      • Article, Illustration
        1081 17 mTMMBAMg CROSS KATES C$—Fir H Mb **Uk V-Ww Ml »aPilh Ptw g U* SIrlTSMK N—i lg$ "J 7 1201 1021 0.766 7JB 2.459 1.2Z733.249 24J61 L099 1942 1992 ***** 24.W9 0.411 1*47 I" 243 07W »•<*• 2-531 1263 34.226 ***** 1131 4.058 1021 ***** 24.858 0.423 166* CMm 0.186 (MM
        1,081 words
      • 1701 17 nCOM FUTURES Jul 22 ■UK* (fclewdi*eeMSJ6pe) KSSICOKTtACTncwtiAt) Oqm VoOTm OpM Mwtt Lot Htt (tOOTM) Iwtfwt A«|9t 9100 300 5*99 95.75 900 Oct 99 9100 98.00 96.00 600 300 Ho* 99 99.50 300 &K99 ***** 300 JmfitmOQ 104.25 300 ISS3C0IITIKTaBcMli/lti Vofcat Opta MwMl MP Iot Sttt (tont) IwUrtrt km* 54.75 54.75
        1,701 words
    • Article, Illustration
      1373 18 AFP n Hang Seng -50.60 HONGKONG share prices dropped 0.4 per cent yesterday in cautious and directionless trade due to the weaker Tokyo market, dealers said. "Sentiment has been mainly affected by weaker overseas markets, particularly in Tokyo," said Alex Tang, research head at brokerage Core-Pacific Yamaichi. The key
      AFP  -  1,373 words
    • Article, Illustration
      608 18 AFP Reuters Shanghai B Index -0.23 SHANGHAI'S B shares closed 0.5 per cent lower yesterday after initially rising, with investors taking profits after sharp gains in the previous two sessions, dealers said. "B shares surged upward to an intra-day high and then drifted lower amid profittaking," a Bank of
      AFP; Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  608 words
    • 356 18 AFP QWP Index -107.98 TAIWAN share prices closed 1.4 per cent lower in thin trading yesterday as investors took to the sidelines amid tensions with China, dealers said. "Investors stepped to the sidelines on concerns over uncertainties in relations across the Taiwan Strait," said Bentham Hung, manager of Fuh-Hwa
      AFP  -  356 words
    • 2329 18 LONDON Industrials M 21 Pound 34 Croup 7.96 -0.05 Abbey National 11.50 -0.07 A BFoods 4.00 -0.07 A B Ports. 3.03 -0.04 AstraZeneca. 22.75 0.01 Alliance Leicester 8.27 -0.13 Allied Domecq 5.73 -0.20 Allied Zurich 7.56 0.15 Anglo American Gold 43.70 unch ASDA Group 2.18 unch Bank
      2,329 words
    • 1661 18 AFP □Nikkei 225 -527.18 JAPANESE share prices slumped 2.9 per cent yesterday on fears that the rising yen will hurt major exporters and stifle nascent economic recovery, brokers said. "The heavy fall was triggered by selling from foreign investors concerned over the falling profitability of exporters amid a strong
      AFP  -  1,661 words
    • KUALA LUMPUR STOCK MARKET
      • 430 19 AFP CI Composite Index -&88 MALAYSIAN share prices ended 0.8 per cent lower yesterday on forced selling activities and moves by some brokerages to lower trading limits, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 6.88 points to finish at 829.77.
        AFP  -  430 words
      • 8770 19 INDUSTRIALS Consumer products Lest Vol Day Net Cap MHO Low Company Sat* OOO High Low P/t 5 mil *40 255 Ajinomoto 368 -4 5 368 366 23.3 149.2 174 46 Angkasa 148 -6 597 158 140 218.2 404 220 Apollo Food Hlg 376 -10 35 386 372 13.1 150.4 294
        8,770 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • 207 20  -  WARRANT WATCH -By R Sivanithy MANY times in the past, we've seen the market suddenly latch onto something new and push it up to stratospheric levels IPOs (initial public offers) spring readUy to mind. The logic is that eventuaUy, the market wiU want the new
        207 words
      • 217 20 HOHttCOM STOCKS Cr Gr M w l*« VI Day Lact Ouot# M M YM M NO» H l— stw CMmr ut» rooo> wm» l— awyf tmm cw p/t }mi 365 T73 5123 CDC (2000) MK 315 IS 40 315 315 300 3(5 6 17 23 10 7 *****
        217 words
      • 2124 20 BONOS. LOANS S WARRANTS m 52-*k Last Vol Day Last Ouots A«« High Low Stno Company Sato **r- COOOl High Low Buyer Seller Price '04 3 s 3160 -Acer W*****1 48 5 -2 489 54.5 46 47 5 49 80 4.5 s 3164 Acma ******4 40 -2 319 43 39
        2,124 words
      • 287 20 AFP CI Wellington -9.07 NEW Zealand share prices fell 0.4 per cent yesterday after Telecom reversed early gains and Tokyo posted a steep decline on fears over the rising yen, dealers said. The NZSE-40 Index dipped 9.07 points to 2,195.33 on light turnover of NZ$63.B million. J* 12 «B
        AFP  -  287 words
      • Article, Illustration
        855 20 AFP P SET Index -9.64 THAI shares slipped 1.9 per cent yesterday as investors took profits in the banking sector following the release of first-half profit results, dealers said. Share prices closed lower on foreign selling and profittaking mainly in the financial sector after Wednesday's gains, dealers said. Selling
        AFP  -  855 words
      • 405 20 AFP Q Composite Index +1L55 SOUTH Korean share prices closed 1.2 per cent higher yesterday after late bargainhunting reversed early losses spurred by concerns over Daewoo Group's restructuring. Banks fell in early trade on the back of volatile money market rates and concern about Daewoo Group's restructuring plans, SK
        AFP  -  405 words
      • 653 20 AFP NAD Ordinaries -25J SHARES closed down yesterday ahead of the US Federal Reserve chairman's congressional testimony, brokers said. The Australian Stock Exchange's benchmark All Ordinaries Index ended 25.1 points lower at 3,086.3. The All Industrials Index closed down 34.1 points at 5,368.1 while the All Resources closed 21.9
        AFP  -  653 words
      • Article, Illustration
        705 20 AFP n Composite Index +L 55 INDONESIAN share prices closed 0.2 per cent higher yesterday amid a late rebound in selected blue chips and continued buying of pharmaceutical stocks, dealers said. They said the broad market was generally quiet during the day as investors remained cautious over the country's
        AFP  -  705 words
      • 317 20 AFP CI Manila -3(183 PHILIPPINE share prices fell 1.2 per cent yesterday with investors cautious over local and overseas developments. The Philippine Stock Exchange Composite Index fell 30.83 points to close at 2.488.62. Volume rose to 2.1 billion shares worth 2.5 billion pesos from 1.8 billion shares worth 2
        AFP  -  317 words
    • 7269 21 S2-Wk Last Vol Day Last Ooote W» Dlv Vtd Nat Cap Avg High Low StNo Company M« fOOOt High Low Buyer Seller C'vr P/C SmH Prtci MULTHNOUSTRY 182 17.Smb 1000 Acma 50c 129 -3 231 135 t27 127 129 10 3.3 3.9 10.6 213.4
      7,269 words
    • 1510 21 Transaction date: Jul 22 Or Or M wt 52-w* Loot Vol Day Loot Ouoto 0*v Otv Yld Hot C« An l— urn i* rooo) l— o»yr urn» cv w Prtpo MANUFACTURING 218 30 e 2049 AS Auto 10c 173 *3 4*6 173 166 168 173 10 N 0.6 197.5
      1,510 words
    • STOCK EXCHANGE OF SINGAPORE
      • 371 22 Stocks Volume Golden Agri USIOc 21,342,000 Asia Foodi Prop 19,866,000 Hotung Inv MT5 16,716,000 IPC Corpn 5c 12,499,000 •Gentlng Int 12,406,000 tCT HKIOc 10,664,000 IKH.R 9,751,000 PohliantOc 9,498,000 Eagle Brand HWgs HK75c 9,209,000 l-One 5c 7,759,000 Stocks SPH 69,369,190 SIA Foreign 34,450,863 DBS Foreign 22,986,345 DBS Land 16,983,328 UOB Foreign
        371 words
      • Article, Illustration
        79 22  -  -By Ven Sreenivasan SPH has been under pressure during the last two days in the wake of rumours of the emergence of a new newspaper group. From a technical perspective, the stock has further downside. The RSI indicates that the counter is still overbought while the stochastic charts
        79 words
      • ON THE GRAPEVINE
        • 126 22 WOULD it require a miracle to get Asia's computers to be year 2000 (Y2K) compliant? It seems so, according to a joke narrated by Singapore's attorney-general Chan Sek Keong at a seminar yesterday: An IT executive vacationing in Bintan finds a bottle on
          126 words
        • 257 22 THE local financial community has been preoccupied with speculation of what impact a new newspaper, being planned by SMRT and listed Swedish media group Modern Times Group, will have on established Singapore Press Holdings. Here is how one leading broking house sees it, according to a
          257 words
        • 120 22 WHEN a stock market drops as much as the one in Singapore has, people inevitably start to speak of "bargain-hunting", the idea being that one can start to buy good stocks on the cheap. One local brokerage, however, has a different term for it, one which
          120 words
      • 642 22  -  STOCK MARKET COMMENTARY SPH shares hit again; forced selling/margin calls probably over for now, bnt no immediate major rebonnd expected By R Sivanithy A 527-POINT plunge in Tokyo's Nikkei Index, strict enforcement of trading curbs by local brokers, margin calls and a
        642 words
  • Page 13 Advertisements
    • 54 13 B V LG A R I jfy. The Chrono watch. Automatic movement f/M flglL^flß A jK* V -Xy. 5 Y v^Jtiv- fl 'iß^^H^v: > PNM Available in Singapore at Bvlgari, Hilton Hotel 737 1652 Takathimaya Department Store 735 6689 and: Dickton Watch Jewellery. The Promenade 732 8900 Centrepoint 734 5822
      54 words


  • Page 15 Advertisements
    • 641 15 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of General Securities Investments Limited wishes to make the following announcement: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1999 Company Group Incr/ Incr/ Jun-99 Jun-98 (Deer) Jun-99 Jun-98 (Deer) SS'OOO SS'OOO SS'OOO SS'OOO Operating
      641 words

  • Page 16 Advertisements
    • 927 16 CENTRAL PROPERTIES LIMITED AND ITS SUBSIDIARY COMPANIES (Incorporated in Singapore) I PROFIT AND DIVIDEND ANNOUNCEMENT I UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1999 1. Unaudited Profit and Loss Accounts I The Group The Company 1999 1998 Change 1999 1998 Change ss'ooo Ss'ooo Ss'ooo SS'OOO Turnover 14,430 13,320
      927 words
    • 11 16 Tuesdays The Property Column by Lee Han Shih The Business Times
      11 words





  • Page 21 Advertisements
    • 54 21 You never actually 7 PATEK PHILIPPE GENEVE own a Patek Philippe. You merely look after it for the next generation. The Annual Calendar. The first Jr. self-winding annual calendar watch with power reserve and moon-phase. Mens Annual Calendar ref: 5036/1. For information: Geneva Master Time, Tel: (65) 732 1506. www.patek.com
      54 words

  • Page 22 Advertisements
    • 1467 22 Going to trade online? You need DBS investor Online. Simply the best research. Call 323-3955 today >I<l XSSBANK NOTICES Tn advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I,TAN BOON PAR of Blk 107, Bishan Street 12 *05-200 Singapore *****7, have applied for a
      1,467 words
    • 524 22 TECHNIC HILL PTI LTD (Incorporated in Singapore) NODCi IS HEREBY GIVEN that a Meeting of the Creditori of th* Company wil be hold at 60 Matin Rood. Function loom 1. TradeMort Singapore, Singapore *****5 on Friday 30 Jufy 1999 at 3 00 pm 1. The Com pony hat convened a
      524 words
    • 346 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF MING WAH (SINGAPORE) SHIPPING PTE LTD (In Mambara' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Purauant to Saction 200(2Hb)] At an Extraordinary Ganaral Meeting of tha Company hald at 5 Tamaaak Bouiavard •12-05 Suntac City
      346 words

  • Page 23 Advertisements

  • EXECUTIVE Lifestyle
    • PERSPECTIVE
      • 819 24  -  Off the Cliff by Many don't really know how to deal with life, which makes it even harder to accept death. Perhaps, we should live life as fully as we can possibly manage by r~ Jaime Ee THERE is a certain sense of
        819 words
      • STRAWS In The Wind
        • 56 24 WHAT'S in a suprise? Usually another one. That's what one diner found out at Gu, the newest noodle bar to join the trendy restaurant fray. Pointing to an item on the menu that said "Noodle Surprise", he asked the waitress, "Can I have the surprise?" To which
          56 words
        • 36 24 One journalist has taken to the idea of taking the herb gingko biloba to improve her memory. But she has a major pi oblem: she keeps forgetting to take it.
          36 words
        • 106 24 IF you think you can't learn anything from the movies think again. Here are some nome truths, as gleaned from Jhe big screen: ♦At least one of a pair of identical twins is born evil. ♦Most laptop computers are powerful enough to override the communications
          106 words
      • 626 24  -  CINEMA A Walk on the Moon's focus on life in a Jewish resort has a narrow appeal By\ Susan Tsang A WALK on the Moon styles itself as a romantic comedy, but forget about a cutesy Meg Ryan giggler written by Nora Ephron. The characters
        626 words
      • 528 24  -  TRENDS By' Tan Su Yen WE aren't quite a gracious society yet, a Gallup Poll commissioned by Metro Singapore has found. But we might just get there with the help of the much-maligned Metro sales girl. The survey which polled a
        528 words
      • 600 24  -  CINEMA It starts off promisingly but soon degenerates into a series of disconnected scenes By I Susan Tsang YOU land a million planes safely, then you have one little mid-air crash, and you never hear the end of it. Welcome to the stressful world
        600 words
    • COVER STORY
      • 631 25 THE "Made-in-Singapore" label unless it is sewn on an obscure corner of a piece of designer clothing —is something that Singaporeans look at with a mixture of fear and loathing. There are two reasons why Singaporeans don't like to buy things made in their own country:
        631 words
      • 443 25 DINAH Howe's creative spark was ignited in an unlikely way 17 years ago. She was pregnant with her first child, and hated the fact that with so few maternity boutiques around, all the women at her obstetrician's clinic looked alike in tentlike
        443 words
      • 536 25 PATRICK NG, a 46 year old ceramicist turned glass artist, seems to be one of the better established Singapore craftsmen, having been in the business for over 18 years. Less than a year ago, he even upgraded from his home-studio to a proper factory,
        PHOTOS BY CHRIS LOH & SIEW YAW HOONG  -  536 words
      • 560 25 YOU might have seen the shop Pomp, in Tanglin Shopping Centre a treasure trove of what are supposed to be lamps, but to a layman looks like someone had massacred a group of kaleidoscopic-coloured birds en masse, or skinned animals and shoved lightbulbs inside them.
        560 words
      • 549 25 RICHARD Tsen started out as a self-taught fashion designer who got together with five other friends to open a menswear store, n.dro, at Raffles City shopping centre. But the enterprising 28 year old has since branched out into homeware that he designs himself and has
        549 words
      • 678 25 WITH candles becoming such a big fad in Singapore, more local candle-makers have come into the market with their own unique designs and scents that can be customised according to demand. Jaqueline Low is a ceramics-cum-candle artist who recently gave up her advertising
        678 words
    • ART
      • 1078 26  -  partathinataii discovers some unusual exhibits in one of the three Volume Form sculpture trails PARVATHI NAYAR IT is a sculpture exhibition with a difference. It's big, not just in numbers over 250 sculptures by 150 sculptors from 20 Asia-Pacific countries but also
        1,078 words
    • TRENDS
      • 829 26  -  Master-perfumer Jacques Polge and make-up creator Dominic Moncourtois work together to come up with the look for the fashion house Ify] Parvathi Nayar STYLE is innate but it can also be created. It's something that fashion house is well aware of and exploits to
        829 words
    • PURSUITS
      • Article, Illustration
        473 27  -  Compiled by Parvathi Nayar THEATRE Haunted Theatre Works presents a musical about a wealthy family, the Loongs, and malevolent forces at work in the Loong mansion. July 29 Aug 8, Bpm and Sat matinee 2.30pm. Venue: Victoria Theatre. Tickets: $25/30/35/45/60 (Weekdays, matinees) and $30/35/40/50/65 (FriSun), available at Sistic(34B
        473 words
      • 883 27  -  THEATRE Seagram, SET have set op Ah Kong's Birthday Pte Ltd to produce the show as a round-the-year dinner theatre event By Parvathi Nayar "MARTELL presents" will now precede all activities relating to the production ofA/i Kong's Birthday Party, the interactive dinner play by Singapore
        883 words
    • MOTORING
      • 822 28  -  The Chairman is the latest entrant into the five-metre yacht-class segment, inspired by a titanic Continental model. But as Christopher taw discovers, it's really not the size, but what you do with it that counts CHRISTOPHER TAN THE Daewoo Chairman is a clone. Of what, we
        ARTHUR LEE  -  822 words
    • STYLE
      • 809 28  -  FURNITURE Signature Store has added two UK labels Liberty IV and Sable Island to its John Kelly fnrniture range By Jaime Ee AS contemporary minimalism continues to dominate the home design front, trendy home owners have yet to tire of the übiquitous chrome and steel that
        CHRIS LOH  -  809 words
      • 384 28  -  FURNISHINGS By, Jaime Ee IF you've been to Robinson's home furnishings section lately, you might have been taken aback by what looks like a shift from its traditional conservativeness to a sudden, almost "groovy" makeover that's turned it into a lifestyle store
        384 words
    • EPICURE
      • 1110 29  -  RESTAURANT Chef G's set lunch is valne for money despite the small portions; so are its takeaw&ys By Tan Su Yen THE newly-opened "Chef G Restaurant and Good Food To Go" in Orchard Cineleisure is one restaurant which won't have to worry
        1,110 words
      • 910 29  -  You don't have to go far to look for aphrodisiacs, tan su ten heads down to Kinara to sample its love potions TAN SU YEN WHAT food would you eat at a special meal with the love of your life? Tome "love foods" should have
        SIEW YAW HOONG  -  910 words
      • 593 29 CRAVINGS "LIFE is to short to eat bad food," Sydney restaurateur Christine Manfield declared. Ms Manfield was one of the guest chefs at last year's World Gourmet Summit. Starting Monday, 10 celebrity chefs from all over the world will once again descend on
        593 words
      • Article, Illustration
        123 29  -  Compiled by Tan Su Yen CULINARY consultant Devagi Sanmugam is best known for the very well thought-out cooking classes she gives. What is less well known is her strong interest in spices. She conducts spice talks in homes and institutions, often over afternoon tea. Now Mrs Sanmugam has
        123 words
      • 700 29 Something new, something old —but both fine vintages WINE CONNOISSEUR By N KYong 1040 One of the great vintages of the forties, remembered for producing rounded, soft fat wines, beautifully balanced, in some cases (Figeac for one) better than the 1947. Chateau Poujeaux 1040 magnnm (direct from Chateau) Medium-dark brown-red,
        700 words
  • Page 24 Advertisements
    • 27 24 Effect after one Laughing Buddha Martini EastsideS oi 51 '52 I I Square 011 Muhaint-d Sultan Tel 041.N Aijc limits .tnd dress code apply Cocktails Sushi Wines
      27 words
  • Page 24 Miscellaneous
    • 154 24 CBTPTIC CROSSWORD 24 off 27 Letters showing similarity 7 Retribution over sister hav- YESTERDAY'S SOLUTION uwr ing ecstasy with men (7) Iplrl i IvlAlTlEßEislc'A'p'e'F 1 He'll mesh crooks, with cun- 8 Palace has no place for cook- rUnMnMpmaMuPßrMs) ning (8.6) ing apple (8,6) E N E rj' 1 B P
      154 words



  • Page 27 Advertisements
    • 539 27 IX/liaka <I!»a An J Presented Diners club Offers Personalised Cash Access To apply, call: w nere to winc 5 dine Hnd entertain. a t over 30,000 locations worldwide. 290 4545 Every Saturday and Sunday pamper yourself from as early as 12.00pm to our sumptuous High Tea Buffet of popular Asian
      539 words
    • 92 27 WORLD GOtRMETSIMMIT pHfNESE m 3)3 Orchard Road. Singapore 2J8867 441 KtfirrloH- C«*£g CrOSSrO*J>S 11 2.10?** The Singapore Marriott Hotel is famous for its fine International cuisine Now you con enjoy a leisurely Sunday Brunch with dishes such as Chilled lobster. Sushi. Short's Fin Soup and Braised Abolooe with Mushrooms. Priced
      92 words



  • Page 30 Miscellaneous
    • 3025 30 TODAY'S TV CINEMA RECOMME>rPEP ▼towjgP JSk PMHeadhneNews. s Who Me. Mike Meyers re 2 M riosp LO3 Talking Point. turns with Heather Graham on his arm to spoof the world of The fight to can change clouds into JJJ Set Dragon Adven- Conversation. spies. The sequel's title says it all.
      3,025 words

  • Page 31 Advertisements
    • 242 31 Freehold ~1 Development Site Collective Sale By Tender |o cKY City I City Address 18-28 Ipoh Lane Plaza >&V off Tg. Katong Rd If Site Area 27,626 sq ft k []S>L-_A Zoning :'Residential' with P.R. 2.8, B 20 storeys [5* I Description: Rectangular site with j p a 70m frontage
      242 words
    • 160 31 Make mountains out of molehills. With so many fine educational and upgrading opportunities in The Straits Times Classified daily, it's no wonder our readers are inspired to scale the heights of knowledge. Advertise in the Education/ Training section (Classifications 703 to 794). Call C.A.T.S. at 1800-737-1166. Buy It. Sell It.
      160 words
    • 47 31 "5 I czi a r 1 D I I D D y y s /:Home. D tiiiananq Since 1950 Hotline: *****68 «fr JH «IJk Wfi*> b] 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
      47 words

  • Page 32 Advertisements
    • 373 32 p 4^ —nn— nPIH 1| buvk.^^.f^m. v; f ,^vik- Ib^ SP' F^l ,lpfe«^i ihhmmljjmj 1.1 1 irviw^^TO CATCH ASIA ON THE REBOUND, CALL CMG FIRST STATE INVESTMENTS. After the bitter medicine, the Asian economy looks set to you should consider the regional funds from CMG First to select the best
      373 words

  • Page 33 Advertisements
    • 307 33 Grea (Link. f rom Great Eastern potential for good returns. Life, gives you ike best of bolk worlds; And remember, you're insured insurance and investment opportunities. wkile you invest. So even if you lose Tke flexibility to make your money work karder. Great Link pi ans are like m because
      307 words
    • 216 33 brought to you by (w) Great Eastern Life LAST WEEK'S WINNER: Congratulations to Ms Hoo Hau Mei of NR1C*****64/ F! She wins one limited edition Mont Blanc pen for the July 9 issue of Insurance-wise ■Aillb Simply send in the completed coupon and you stand to win this 3Com Palm
      216 words

  • Page 34 Advertisements
    • 192 34 Enjoy more than just high interest from a Citibank Foreign Currency Deposit.* Iv, .f- .'Of Receive Takashimaya shopping vouchers** in addition to interest on your Citibank Foreign Currency Deposit.* If you re shopping for an attractive foreign currency deposit with a little something extra, search no further. Because in addition
      192 words


  • EXECUTIVE MONEY
    • 1633 36  -  As Internet fever spreads, more companies are jumping into cyberspace teh hooi lino looks at how analysts separate the froth from the gems TEH HOOI LING PUTURE generations will look back at the 1990s and deem it as one of society's defining decades: the Internet
      1,633 words
    • RESIDENTIAL PROPERTY
      • 707 31  -  Average prices across all major flat types up in Q2, property agency's survey shows, davxd boey reports DAVID BOEY RESALE valuations for all types of Housing Development Board (HDB) flats have turned around and clearer signs of the upward trend are expected as early
        Source: ERA; FILE PHOTO  -  707 words
      • 1001 31 HDB transactions from Jun 1 to Jun 25, 99. w POSTAL CONTRACT BUILT-IN/ PHCE PSf LOCATION DISTRICT DAT* (SOFT) <S$000| (S$] 4-Roorn (Type A) Bedok Reservoir Rd *****5 07-Jun-99 1109 270 243 Bedok Reservoir Rd *****8 08-Jun-99 1108 263 237 Bedok Reservoir Rd *****4 15-Jun-99 1119 235 210
        1,001 words
      • 481 31 BANKS/FINANCE COMPANIES YEAR 1 YEAH 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6-10 YEAR 11-36 Citibank* (max of 30 yrs) -1 to 5 years loan duration 4.0000 4.7500 5.0000 5.2500 5 2500 -6 to 10 years loan duration 4.0000 4.7500 5.2500 5.5000 5.5000 6 0000 -11 to 30 years
        481 words
    • UNIT TRUSTS
      • 619 32  -  But fund manager has underweight US for first time as PEs climb, Genevieve cua reports GENEVIEVE CUA IF you're mulling over whether to let go of a unit trust investing mainly in US stocks or global equities in favour of Asia's bull markets, the
        Source: Rothschild Asset Mgt; ARTHUR LEE  -  619 words
      • 397 32 UNIT TRUST/SECTOR (6 MONTHS 31DEC96-16JUL99) CHANGE BENCHMARK CHANGE Top 10 funds 1 Templeton IF Korean/Korea EQ 202.59 Korea SEComposrte 301 92 2 Five Arrows SEA Special/FAR East PAC EQ* 180.00 MSCI AC Far East exJap 78 70 3 Schroder Spore Trust/Spore EQ* 160.91 Spore Straits
        397 words
    • INSURANCE-WISE
      • 1254 33  -  Statistics show that investments over the long term generate higher yields than a simple savings deposit reports gemevieve CUA GENEVIEVE CUA YOU'RE fairly new to investing, and the question of the best time to make your entry, whether it's a specific stock, unit trust or investment-linked
        FILE PHOTO  -  1,254 words
    • PERSONAL INVESTMENT
      • 1009 34  -  THE FDVBR PODVT Amateur Investors are no match for foreign players and trained professionals In an Internationalised S'pore bourse By Peter Douglas The writer is the principal of GFIA Pte Ltd, an independent consultancy working with the financial services sector THE local
        1,009 words
      • 901 34 MID-cap stocks, defined as those with market capitalisation of $400 million to $1.5 billion, have performed in line with the Straits Times Index, but not as well as small cap and penny stocks which have enjoyed a stupendous surge, says a July 12 report by OCBC
        901 words
    • PERSONAL FINANCE
      • 700 35  -  Publisher: Prentice-Hall (Singapore) List price: $29 358 pages, soft cover Reviewed by* Genevieve Cua HOW do you go about ensuring you have enough to retire on? Or to finance your children's education? Or more immediately, to purchase some of the 4 Cs most notably, a condominium
        700 words
      • 160 35 Publisher: The Publishing Consultant List price: $12.90 217 pages, soft cover HERE'S yet another financial planning book, this time unabashedly targeted at the man-in-the-street. With its title, Got Money Cannot Die!, and cover blurbs like "1001 ways to save money" and
        160 words
      • 1525 35  -  By I Koh Seng Kee Fong Wai Mun YOU'RE keen to buy a property, but do you know the maximum loan that you can borrow? In this section, we show how you can do an affordability analysis, so you can determine the maximum
        1,525 words
      • 1722 35 O«00»rt Twunt 1-mth 3-ntth 5-mfr Pgwjt tmount 1-wtti 3-fflth frffltti DBS Bank HSBC A$ AS S10.000 A24.999 4 1900 4 2500 4 3200 25,000 74 999 3 7500 ***** 4 1250 A25.000 A49 999 4 2100 4 2700
        1,722 words
    • 1043 37 Achieving excellence is a most, not a choice, for businesses aiming to thrive in the new millennium PAUL Kearns, the former CEO of Xerox Corporation, once said: "Quality is like a race without a finishing line." The same can be said about achieving world-class excellence. It
      FILE PHOTO  -  1,043 words
    • WORLD-CLASS BUSINESS EXCELLENCE
      • 776 38  -  STMicroelectronics works from the ground up to ensure policies are carried out f*y. Eugene Low The writer is a BTjournalist WHEN Italian company SGS Microelecttronica and Thomson Semiconducteurs of France merged in 1987, it was far from being a match made in heaven. Few expected the
        ARTHUR LEE  -  776 words
      • 916 40  -  World-class port bags S'pore Quality Award first local MNC to win the business excellence award By] Eugene Low The writer isaßT journalist IF any company has reason to look back contentedly on its own achievements, then PSA Corporation must surely be one of them. Here's
        916 words
      • 875 40 How will the award help Singapore organisations compete globally? The Singapore Quality Award (SQA) designed to help organisations improve their competitiveness covers a set of seven criteria which address all areas of business excellence. The SQA criteria are based on core values of world-class organisations such
        FILE PHOTO  -  875 words
      • 817 41  -  From a cooperative set up to provide affordable insurance for union members, NTUC Income has grown to become one of Singapore's largest insurance groups By Soh Tiang Keng BRINGING out the best in people and productivity through efficient work methods is the touchstone of business
        FILE PHOTO  -  817 words
      • 824 43  -  Transport company Tibs prides itself on innovation, and many of the workable ideas come from staff By i Christopher Tan The writer is a BT correspondent PUBLIC bus companies seldom advertise their services. There is always a ready pool of commuters. And in the Singapore context,
        FILE PHOTOS  -  824 words
      • 703 43 A look at core values and components that make ap SQA's framework for excellence THE Singapore Quality Award (SQA), introduced in 1994, provides organisations with a model of business excellence. As the premier award for business excellence in Singapore, the SQA criteria must be comparable to those
        FILE PHOTO  -  703 words
  • Page 36 Advertisements

  • Page 37 Advertisements
    • 294 37 V tssmm&toJr ASSOCIATES iPHPVH|i f ri ACC c rBVnAV WHO HAVE CONTRIBUTED TO OUR SUCCESSFUL TRAVEL FIRST LLAbb EVERYDAY We a RTF EL t° A on* AT*T U 3 s US yOU Can ex P ect to rst c^ss as we ever y necessary step to ensure service excellence and
      294 words
    • 31 37 INSIDE Pg 2 STMieroelectronics Pg 4: PSA Corp Questions on SQA Pg 5: NTUC Income Pg 7: Tibs Holdings The SQA model COORDINATOR Eugme Lou EDITOR: Elaine Koh SUB-EDITOR: Magtfakne Phong
      31 words

  • Page 38 Advertisements
    • 172 38 It's just the right thing to do! As a one-stop IT service provider, Singapore Computer Systems' commitment is to understand your IT needs and meet your > expectations consistently. To do this well, we need to look within, fine*'v tune ourselves and our systems constantly. fThe ISO 9001 certification and
      172 words
    • 248 38 SembCorp Construction is proud to be a member of the Singapore Quality Class Expressways Commercial Complexes Industrial Manufacturing Our People Our Services I 1 jJj HMV. I At SemM'arj) Cons/ruction, our focus SembCorp Construction offers total is on close teamwork, quality service. one-stop construction service, and long-term relationships. Our starting
      248 words

  • Page 39 Advertisements
    • 34 39 ——^i TANKSTORE LIMITED MipP g,|„ip rr v a 46- gp dflfcht.- yflp a "> l -**f#4^^ i* i op > /i 1/ r..:*£'/' v^ <fc> .1 < v :s s sp^-v 1 r« CELEBRATES THE ACHIEVEMENT OF
      34 words

  • Page 40 Advertisements
    • 133 40 o«r expertise can be summed up in two words: Schneider Electric. Groupe Schneider control and automation summed up in one single is now called more efficient. logo and two words. Schneider Electric. They have also given Schneider Electric The circuit breaker, recognition to our global Logistics Asia Pte the contactor,
      133 words

  • Page 41 Advertisements
    • 124 41 YOU ONIY BECOME THE WORLD'S MOST ADMIRED PACKAGE DELIVERY COMPANY BY PERFORMING ABOVE BAI 1% B% B* In a Fortune magazine survey of customers comprising W0 I# Wm I II W0 senior executives, outside directors and financial analysts, UPS was named the world leader in its field. It's an accolade
      124 words

  • Page 42 Advertisements
    • 239 42 Among the many reasons we were conferred the Singapore Quality Class, one really stands out. r You. Because it was you, our customers, who've inspired us to reach greater heights. Your demands for customized solutions to satisfy JfF\ your complex needs, and your desire for the very highest quality, have
      239 words

  • Page 43 Advertisements
    • 105 43 -~y -f% Bml :^;f v -Vqj: ;^A;r-; Hraßft£&. :V J VMMoHHi^IIi^HHBHBHHHIHBHH^BHfiHNr^^P^^^^^IsfIBIHHHHHHHHHHHHHHHHIHBHHHHHHHiiI^IHHI^HIHiHHHa^ Do you know... More than a billion people travel on Otis elevators and escalators a day? Otis equipment move the equivalent of the world's total population every five days? 12 of 20 of the world's tallest buildings are equipped
      105 words

  • Page 44 Advertisements
    • 101 44 PSA Corporation is honoured SINGAPORE t 1 TT K T t0 WIN h metience the Singapore Quality Award 1999 Winner CITOS to streamline operations within the port. PORTNET for 24-hour real time linkage with customers. 350 pioneering applications developed in-house by our IT specialists. Plus the flexibility to integrate with
      101 words

  • SHIPPING TIMES
    • 254 45 M11 a CWT Otatributton 1.37 -0.04 42 ChuanHup LM -0.03 976 Cosco lnv**tm«nt 1.27 -0.01 99 FrataM Unkl 0.36 -0.01 7304 OS HoMtng* 0.95 0.02 202 HatSunHup 0.60 KX01 341 IMC HoMktqi-HK 5.60 until 0 Jayi Malting! 0.93 -a02 313 Jurona SNpyard 7.70 until 110 MHnJcwp 5.75 -aos
      254 words
    • 431 45  -  Niche has strong growth potential with the economic recovery in region By Marcus Hand [SINGAPORE] Locally-based shipbroker Scan-Trans Shipping is refocusing its energies on the niche project cargo market which it believes has strong growth potential as regional economies pick up. "Right now the oil
      431 words
    • 144 45 Bloomberg [WASHINGTON] Royal Caribbean Cruises Ltd will pay fines of US$lB million (5530.6 million) and plead guilty to charges that it dumped oil in the ocean and lied to US Coast Guard investigators, Attorney General Janet Reno said. The fine is the largest ever
      Bloomberg  -  144 words
    • 771 45  -  ADMIRALTY CASEBOOK By\ Selva Kumar AFIRE on board the Antarctic research and supply vessel Aurora Australis in July last year was put out efficiently by the crew but an investigation has revealed several flaws with the way in which flexible
      771 words
    • 893 46 PXUCEUKE.COM US company which takes bids on plane tickets and hotel rooms sees sales rise 16-fold despite incurring Q2 loss Bloomberg [STAMFORD, Connecticut] US Internet retailer Priceline.com Inc, which lets consumers bid on-line for airline tickets and hotel rooms, said its loss widened in the second
      Bloomberg; FILE PHOTO  -  893 words
    • 314 46 PAGE Evergreen 6 •ML 3 FoongSun 8 AASCO 12 Frotl '3 Accord 8 Frt Links M Ahrenkiel 14 6 L"* < Appenship 5 Gemartrans f> Austral 8 Genshpg M Avant 14 Ctory Nav 14 B'tanq Mas 8 HaiSunHup 12 BSA 7 Hangti 7 BTL 14 Hanjin 3
      314 words
    • 20976 53 thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertise Vessel Vo »age Telephone SIN Dest'n Nam* Nam* Number Number SIN Destn Name Name Number Number To BUENAVENTURA (BUN) 2059 Colombia To ABIDJAN (ABJ) 2003 Cot* D'lvolre 03/m n/w nyk iris own 65 *****23 30/07 04/09 OT
      20,976 words
    • SHIPS IN PORT
      • 821 59 Vessel Voy Mo Berth Arrival Departure ST *8 3690 299 15 22/07/815 22/07/1400 It IMiis in »m J01 22/07/9 00 22/07/1400 54S* M 22/07/7 20 22/07/23 M S«n* lwtari SI9002 *2 22/07/810 2V07A6 00 8*" NOV M J03 22/07/8 35 22/07/23 59 Ml* Rong 09 MAY 99 J16
        821 words
      • 1856 59 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To Fro» Act Cofltr U«n 25/1410 M 22/1500 22/1659 22/1900 22/1500 22/1900 2A 22/1700 2 VMM 2V0«00 2» 22/1700 21/0699 21/0900 I 21/0700 23/H59 21/M00 4 21/1200 23/M59 21/1700 Al S464H14 C043V
        1,856 words
      • 192 59 Aug 2 Ireland Republic Of: August Holiday. Au|9 Singapore: National Day. South Africa: National Women's Day. Aug 12 Thailand: HM Queen's Birthday. Aug 15 Belgium: Assumption Day. Hong Kong: Sino-Japanese War Victory Day. Luxembourg: Assumption Day. Aug 17 Indonesia: National Day. Aug 29 Philippines: National Heroes Day. Aug
        192 words
      • 804 59 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indi cated. The Cockett Bunker Price Index change
        804 words
      • 551 59 Carbon 180 Mai 990.6 0.1 15.7 0.10 78 OA Jul IS Density Water Residue Ask Aluminium Sediment No above E25 0 2 2 0 0 1 380 Ave 987.3 0.3 13.7 0.07 36 0.02 bin. 380 Mai 994.9 0.8 20.8 0.M 201 0.08 m/»*3 %*ft m/m
        551 words
    • AIR & LAND TRANSPORT NEWS
      • 450 60 Industry resting on its laurels despite new risks in increasingly congested skies: MPs Reuters [LONDON] Britain's aviation industry hit political turbulence when MPs condemned airlines' attitude towards safety as "flawed and complacent", despite new risks in increasingly congested skies. A report from the
        Reuters  -  450 words
      • 620 60 Earnings of United, US Airways, American affected by low-fare carriers Bloomberg [CHICAGO] UAL Corp's United Airlines, AMR Corp's American Airlines and US Airways Group Inc reported lower second-quarter earnings as travellers sought cheaper fares. Trans World Airlines Inc posted a wider-than-forecast loss after labour
        Bloomberg; FILE PHOTO  -  620 words
      • 230 60 AFP AFX-Asia [MANILA] The Philippine Civil Aeronautics Board has banned China Airlines from operating flights between Manila and Hongkong for 30 days, starting yesterday. An AFP report quoted civil aeronautics officials as saying that the ban was imposed after it was
        AFP; AFX-Asia  -  230 words
      • 302 60 Reuters [MONTREAL] The International Civil Aviation Organisation (ICAO) said it expects world airline passenger traffic growth to pick up through 2001 on the economic rebound in the Asia and Pacific region and "reasonably buoyant" markets in Europe and Latin America and the
        Reuters; FILE PHOTO  -  302 words
      • 252 60 AFXAsia [KUALA LUMPUR] Two airplanes of Malaysian Airline System Bhd failed to meet the minimum fuel requirement set by UK authorities at London's Heathrow Airport between Jan 17 and Jan 31 this year, New Straits Times reported. The newspaper quoted
        AFX- Asia  -  252 words
      • 340 60 Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe's secondlargest airline, said it carried 8.8 per cent more passengers in the first six months of this year as it increased the number of seats on offer, particularly to the US. The total number of passengers rose
        Bloomberg  -  340 words
      • 1900 60 CffY morn cta njcwT no imtm uos S0326 0950 A4«i«M« AN8230 1850 N24S86 1605 LH787 2350 L H 6 «1 1850 SO2007 1605 NZ4587 2350 JOSS 23 SO2008 2350 ■Arm no man zm ng v* ass ImMH SOU 0709 RL044 0040 1645 SOWO 0105 $0327 0745
        1,900 words
  • Page 45 Advertisements
    • 169 45 Internet retailer Priceline.com takes off US company which takes bids on plane tickets and hotel rooms sees sales rise 16-fold. Page 2 *hle freight market report ha* been held over doe to pressure on space k TERMINAL MULTIPURPOSE MERAK MAS A Public Licence Granted Ist May 1999 k'- f I
      169 words
    • 273 45 UK air industry slammed for being complacent Industry resting on its laurels despite new risks in increasingly congested skies: MPs. Back Page Af NOKTRANS SHIPPING AGENCIES s a company in the NORTRANS GROUP flr involved in Offshore, Ship Management, Shipping and Shipping Agencies. NORTRANS SHIPPING AGENCIES PTE LTD The Group's
      273 words

  • Page 46 Advertisements
    • 1221 46 1 NORTH AMERICA ~1 I EXPORT I I OTHER DESTINATIONS "1 SBX SUPER SHUTTLE EXPRESS DIRECT TO LA |j WEST COAST OF CENTRAL AMERICA (MARQARfTA SERVICE) wssa votl S3 mat umgkacm bmus menu okmo mwtom medcoott |f rasa vor M rr.ouniM| acajwu saniowoq comito pt mwu mmavmtum sauna am ooacMMMu
      1,221 words
    • 662 46 Lmes services represented Members ot the (!■©■•!l by Members o» the Registry o» r«i g W.l Singapore Freight Forwarders Accredited Shipping Agents. ujUs Association \°'n y Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "TBN" ETA SIN 23/08/99 BOOKINGS CALL MONKA/JUUA
      662 words

  • Page 47 Advertisements
    • 1053 47 TO EUROPE FROM EUROPE rasa voy a tw im mi bv iou m ia[[ytssa vot wii ani ham hv sou fit um m HTOUM 319W 26/07 12/ M 14/08 17/ M 11/08 MX AGATE 01* 01/07 03/07 04/07 30/06 24/07 DANUBE 546W 29/07 21/ M 18/08 19/01 14/00 MftCOKAI 00K
      1,053 words
    • 2006 47 OHANJIN SHIPPING iikPl t kMy.w -Mb *****30 HAIUM SHIFTING (S) PH LTD k* //wm hap* am HOOK *****3S 737 SALIS *****74 731 OOCUMHT *****71 774 OffMIIOIIS *****50 751 tUW UN! *****55 fU ***** M <J HO *****V*****M TO NW USA B CANADA USA r ftM/MNV ■WW |M" I m halb/vov
      2,006 words
    • 453 47 rasa w_ jm_ wc6 wr six wt_ jb_ jgj_ jg Ivssa Imi sm ire Inati Trci lai I jcj (MT( KffIJHK »10S 11/07 20/07 910H 71/07 25/07 V/0J 71/07 30/07 |jQ miltfte *auur oi«_ 23/07 24/07 21/07 30/07 la oiw In/t)7l 74/07 ImiMTsitHna 027s my I HTUWVUSWWTB 027S 23/07 30/07
      453 words

  • Page 48 Advertisements
    • 1663 48 DSR SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANCANADA ag wy sw ia> im w hm im m gga voy tm git si* ros «.c mtw HAMJM WH.MMGTON WNMZ 1117 05 OB 06 (M 07 00 UN TO 00 11M BSR AMERICA WMKC HO7 MM 10 M 12 14 M 22 00
      1,663 words
    • 825 48 MAC-NELS S PORE M'SIA r—T—n Carrier: MM CONTR LINES, KMC P. OUOANG: (07) *****28 J CW9BO»IMSBTBQ»DB 88U: (084) *****9 MANILA: (83Z) *****24 PEMANG: (04)2****** BANGKOK: (882)*****87 SURABAYA: (31)*****11 P. KELANG: (03) *****77 JKT (21) *****48 KUCHWQ (082) *****1-3 BARCELONA VANCOUVER MV "PONL LA SPEZIA" V.9512 MV "HJ KOBE" V.OBIE ETA
      825 words
    • 605 48 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO vracl S PORE N. SHEVA COL OHM P KLAUS TARPON SILVE VIOIW 21 JUL 13 AUG II AUG II AUG CAPE CANAVERAL V IHW 02 AUG II AUG 17 AUG 22 AUG TULSIDAS Vll2 M AUG 17 AUG 24 MM 21 AUG TARIPM SO VE
      605 words

  • Page 49 Advertisements
    • 1494 49 [vessel vov khm hkg sin pkg pqb pxb dmm ba 1 bik IRAN TEYFOURI PCL-5111 14/07 16/07 20/07 21/07 30/07 31/07 01/08 03/08 05/08 IRAN BAAKERI PCL-5112 21/07 23/07 27/07 28/07 08/08 07/08 08/08 10/08 12/08 IRAN SHAHRYAR PCL-5113 28/07 30/07 03/08 04/08 13/08 14/08 15/08 17/08 18/08 IRAN BAABAEI
      1,494 words
    • 1663 49 SaiHaf tt Mm Milillfl fe&p Dfibovfi (Vk NM) I SINGAPORE'S GENERAL AGENTS: 80 ROIINSON RD TEL 226 1900 FAXT*****0« OUTWARD (B/L) 4205«0^ —Mi^« I COSTAt SNIPPING PTC LTD 12-00 saies/kgs *****57/ m inwaid osrr (D/oj *****85 COSTAR AGENCIES (M) SMI MD |_CRN<MW7MOOOOM SWGAPQtE 04M98 CONVENTIONAL *****50/55 T/SHPMT DEFT *****25 TIL
      1,663 words
    • 578 49 CHINA SHIPPING (GROUP) COMPANY [■■i CHINA SHIPPING CONTAINER LINES CO., LTD. 1 FAR EAST EUROPE FULL CONTAINER EXPRESS SERVICE] WESTBOUND (FIXED WEEKLY SERVICES) VSL VOY XOO fIW SHA MKO |ST»OBI I *TM HAM PXT fftN CRYSTAL 2203 12Jd LAJii lAJuL ZLhd llAug ULAug 15 Aug mXHVUQ 2203 2JJy! 21M 26J\i
      578 words

  • Page 50 Advertisements
    • 1340 50 EUROPtAiKySCAWWWAVWRWLAKDmUSSU SGP RDM ANW MBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP I E DEVELOP RW-007 25/07 12*8 IS/08 14/08 16 08 17/08 18*18 E REWARD RE 034 81*7 03/07 02*7 04*7 06.07 25/07 20*7 E DECENT RW-010 31/07 19/08 25/08 21/08 23/08 24/08 25/08 E REFINE
      1,340 words
    • 655 50 r PACIFIC INTERNATIONAL UNES (PTE) LTD > I SSSISB 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********0 VQT rn rn m m M M at IMI «L» Si UWUAUSTUU* Sl7 11/7 »/l 14/1 11/» »/l 21/1 K| fwssa vot sm uu am hoc #d aq! pzu
      655 words
    • 414 50 J SO TELOK SIANGAN ROAD *82-0? CTHPORT CENTRE STORE MK2I TEL: *****11 (6 lines) FAX: *****05 I TLX: RS ***** Cfl NO. **********0W I VESSa VOY. ETA FTD DESTINATION IKAGURI 17/99 ?MJ7/W 2787/19 PKL BALAM I ILMAMUI 0549 27/07/99 2M7M PONTIANAK I ikaguri ism mii% nmm palembang/pkl balam ILMAMUI 06«
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  • Page 51 Advertisements
    • 447 51 BSA i*. Mfe MYANMA wBBk FIVE STAR LINE (Myonmor National Line) loading for Yangon (Rangoon) VESSEL VOY SIN PKI PIN PGU SAGAING t«W SLD PAGAN 268W SID MALA TSI A AGENTS: ROUS TE AD SHIPPING AGENCIES KUL Til (03)*****00 PKL Ttl (03) *****01 PtN: m (04)*****02 PGU: Ttl (07)*****21/4 BANK
      447 words
    • 1334 51 HMNEHYUNDA^^ERCHANTJSJARINECO^TD^^^^^ vtssa voy "ST "sou" jjj 7m" ant "ham" brv ia vissa "vor sou ibi rtm ant ham brv ie si RIM 52SW 23/07 13/08 14/08 08/08 10/08 «K»a 5271 02/07 04/07 28/07 30/07 24/07 HYDUKE 319W 26/07 11/08 12/08 14/08 17/08 NOl AGATE 0131 30/06 07/07 03/07 06/07 24/07
      1,334 words
    • 1057 51 IWALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA RORO HEAVYUFT SERVICE' (VKKL VOY RAMP HEIGHT SIN LAX CRi MIA SAV BAI 0» NYC NEW MM TOM AHO2 4001 MS 6JM 7TJW 25/ M «7M 08/09 10/09 11/09 13/09 17/09 U/09 TARONGA AHO3 4001ns 6.3 M 10/08 09/09 11/09 21/09 23/09 2S/09
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  • Page 52 Advertisements
    • 775 52 BANGKOK/MAP TA PHUT/LAEM CHABANG JAKARTA/PAN JANG VESSEL VOY SIN BKK MTP LOT" VESSEL VOY SIN JKT PJN MATHU BHUM 424W 24/07 28/07 27/07 GURU BHUM 138 SB In Pt 25/07 XETHA BHUM" 293N 25/07 28/07 29/07 AKA BHUM- 353S 24/07 28/07 ULA BHUM 115N 27/07 30/07 31/07 ANRO JAYAKARTA' 097
      775 words
    • 338 52 INDONESIA NATIONAL LINE TO AUSTRALIA FULL CONTAINER SERVICE va Ivorl mc aw m sn> m jjgj«j m n/vM/u x/w um 00/w is/» HOWWSIW »5 W/17 31/07 «/M U/00 It/01 H/M nm WSTWIBWBg 27S OS/0» 07/00 11/01»/M 0/0» 71/10 mivqrr liss In/ooM/ooln/00l ]77/00 l»/»|w/w|os/w FEEDER SERVICE TO INDONESIA VSI VOT sm
      338 words
    • 744 52 VESSELS I VOV IgN PKL I JED MLA LEH RTM HAM I 7** I <arrr SAUO) jfctAjAH N32W 28A77 27/07 05/08 10/08 IMB 17/08 19/06 20/08 22/08 VKJ-E DE SHANGHAI H32W (TVDB OWB IMB 18/08 2306 jjjj VME DXXVON Y32W IQTO 11/08 2VOB 3CVOB 31/08 02/08 oa« OMt VILLE DE
      744 words

  • Page 53 Advertisements
    • 48 53 WALLENIUS WILHELMSEN VL Calling More Than 1500 Worldwide HUaiuim Destinations. Turn To Pg 7 Daily Find out more on Pg 13 FROTA GLOBAL INDIAN OCEAN JOINT SERVICE SHIPPING AGENCIES? To 1 L k Under hai sun hup AMAZON Pg 13 ON EVERY MON/WED/FRI Pg 12 0N EVERY MON/WED/FRI
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  • Page 55 Advertisements
    • 62 55 Dial 740-6000 Oil d€lTl3n(] —(Retrieve more schedules!) Press-r Select the port and key in S the four digit code ypiv eg: To New York (NYC) 2275 Key in your fax number I jpk STBtjEnter your phone number a:» <■ f 5 AnotHifthfMwative servk» offered by document Will be Shipping TIMFS
      62 words

  • Page 56 Advertisements
    • 129 56 (FOREST PRODUCTS SER VK3) (StmiCim Service For OirktmM Island Franmlr Cocoa UUnrf) tlWOft SERVKI "Abo call other wml Amtrmlia ports subject to induccrorot UW SOI KKU TMA VlSStl VOl Ji CXI FH COS lUKW STIUA V3IA 30/07 02/00 05/00 IQAWW6 rot: jaoaN/sm/nusMNG/Mnwgp 0R ,RSTIN 41S0 29/07 01/00 10/00 20/00 ■AIAYSM
      129 words
    • 162 56 I SHIPPINQ UNg I|.f 4 1 ijlijr ■IWI I 41 mI I I ICm ill I LIBYA TOMUQ MNOHAZI MISURATA TRIPOLI LuuJ Ivcsamwl yot. wo |alm I pa roaiui Imi ioi |w|is I m IPWUB Sill STKMUSTH WW 7\/V g HHM flg 12/ M IVW 14/01 17/ M lAMBI 511?
      162 words
    • 145 56 ESP LINES WEEKLY ICI AMD fCI SEiVKE mmm-wn mwn as® (MTTMOHfc MMAS UNECOC. HONG IOM6 NMMMkMfUMNi KMU< COiOMK IAKAITA. MHU MfTWHf, FBIXSKNH CMQffT* WO o>—C HOrWOW KtGum arogM wpowrun savia msajwtm stom I jn I Ig* immiyw gg gm n/v ftmiwn** h/v vjv WW I V/V H/V 31/W s auumum
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  • Page 57 Advertisements
    • 724 57 SHIPPING LINF I m 72 Ar, son Road, Anson House #06-01 to 03, Spore *****1 CH NO. **********0 D TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARO) /*****10 (IMPORT STATUS) TLX: R*****0 1 53 5 6 6 CBlia/ lessica/MBi Chan/Jeslynn/Dora/lwy/Hanim 8 SLGS/WEEK [VESSEL I vqy I sm TJAK cVEHY 4 DAYS
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    • 831 57 3 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I' LIGHMiIEm/OOSZ 04/08 1 1 I I I IWlwn I w I >AV IA» I iwT HOEOH m Z 01 gj/gL. _lOZg-Jj/OL Jj/M 25/01 ?0/0| 01/09 04/ M 07/10 OS/10 #7/10 10/10 14/10 H/10 77/10 H«CHW«/g»2 23/ M W/M M/OT 04/
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    • 622 57 I rrftt Singapore Soviet Shipping CPI L\\ v amo iwowih k\Vl MultTme Shipping PI WJJJ fWhoK OwedSntebory) C« Mo tfc7S7»3OOOOC vessel vor sin I ion rm m KOTARATU RTUOSI 28/07' 04/08 TIA 14/01 REDAH 133N 03/08 11/08 TM 19/08 ROTA RURUM RRNO4S 16/08 TM 21/08 VESSa VOY MN CALCUTTA SIX
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  • Page 58 Advertisements
    • 583 58 WKgfTHffffffngMSMM I VESSEL VOY SIN MAA SIN 1 TIGER ISLAND 723N 24 25/07 *****8 07 0&08 I TIGER PEARL 724N 24 2507 2904.08 09 10/08 I TIGER SEA 72SN 03-04/08 1819/08 I TIGER BAY 726N 05-06/08 10 1&08 21 22/08 I TIGER ISLAND 727N 070H08 13 19/08 23 24/08 I
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    • 997 58 JV FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: Besin@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 Flmfoasiaonline.n«t
      997 words
    • 1142 58 OOCL (Sinqopore) Pte lid^CF^K^peTpistrpi^ 45 O-faSIOCK Or #42-00 *****13 Bfli 513 *01-12S t M at MO **********0 M Ut 272 7827 for booking fat ******3 F«x: *****64 Fix: 272 7S2S MJ/L Orient Overseas Container Line •■fT IMokiyval Sdn Bhd *g No: *****2-U) (a /^V IfETAUNG JAYA I*o3-754 7774 Fn: 03-754
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  • Page 59 Miscellaneous
    • 132 59 mtMSMMI3LIEME3KKU LEGEND R Thunderstorm Temperoture o^ V Shower Weather Wind direction with speed in knots Rotn V Cloudy Sky Wove height wm<h or< "xl'COted by arrows which «y With the wind (l) One hM circle represents colm or bght ond vonoble winds i__ One holt tleche represents 5 knots I—
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  • Page 60 Advertisements
    • 381 60 BANGLADESH SHIPPING CORPORATION CHITTAGOMC INTERNATIONAL TENDER NOTICE FOR DISPOSAL OF GENERAL CARGO VESSEL M.V. -BANC.I AR ASHA" 1. Sealed quotations on °as is where is' basis are invited for sale of the general cargo vessel M.V "BANGLAK ASHA" (built 1968/Spein, DWT *****MT, LDT 4052MT) The quotation should be submitted to
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