The Business Times, 16 April 1998

Microfilm: NL21182
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    10 1 TheBusinessTimes MITA(P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, APRIL 16,1998
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  • Article
    MARKET SUMMARY
    70 1 sni 1«543J4 (-17.61) RIMB. IkJ KIM (-4.35) P-IBTOQMP u (-20.28) P^BTMGA fcj 733J5 (-11.10) CT MARKET MOOD: MM Mhnd STOCK MABKET INDICES Wednesday Change KLSE COMP 644.62 -2052 NIKKEI *****J0 +2118 HANG SENG 11,***** -4918 SET INDEX dosed JAKARTA COMP 513.45 -166 MANILA COMP —*****7 -11.47 TAIPEI WPf
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  • Article
    FINANCE
    77 1 FOBEX BATES us$ s$ USS IA97 S(USS/S$ per S) 1.679 1681 DM 1.801 0587 YEN 129.3 tW M$ 1718 0430 HK$ 7.7M 0.206 BAHT 3955 0.040 RUPTAH 7,860 0.020* St to IM unto PUKE BATES SINGAPORE* 7.79 KUALA LUMPUR 11.50 JAKARTA 28.00 BANGKOK 14.75 MANILA njao HONG KONG 1025
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  • Article, Illustration
    Ekran boss to sell out his entire 55.7% stake
    921 1  -  From Eddie Toh Company says BMl5J>b Bakon dam project may be revived in Kuala Lumpur TIMBER baron Ting Pek Khiing's long odyssey with the controversial Bakun dam project in Sarawak is over following the announcement of a restructuring of his flagship
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  • Article
    Ng Teng Fong firms reap $300m profits from two sales
    915 1  -  HE'S Olympian Centre, S'pore's Eastpoint Mall sold From< Quak Hiang Whai, Diana Oon PROPERTY companies linked to tycoon Ng Teng Fong have sold two major properties worth over Ssl billion in Hongkong and Singapore in the last two days, reaping
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  • Article
    Lock icon Creative Thai developers drum up sales in US
    138 1 AFP [BANGKOK] Thai property developers have set up shop outside a Buddhist temple in the United States to target rich Thais with discount offerings from Bangkok's moribund real estate sector. The developers from 15 property companies set up stalls along with food
    AFP  -  138 words
  • Article, Illustration
    Lock icon C&W-Telecom Italia tie-up to be world's No 2 carrier
    486 1  -  Part of deal involves sale of USs2b C&W assets to partner By i Christopher Tan [SINGAPORE] Cable Wireless of the UK and Italy's Telecom Italia SpA have agreed to hook up to form the world's second-largest telecommunications carrier. In a statement
    Source: ITU,C&W Estimates  -  486 words
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      97 1 DBBPE loMTtauto Tenants pushing for rent cuts don't always win, especially in the suburbs, Pf 2 Buyers looking for new homes could cut a pretty good deal in a couple of developments in the east, PM Hick Lick Stew Osprey Maritime deserves a second look, Pi IB BflnaM A dedicated
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      55 1 REUTERS [Petaling Jaya, Malaysia] A little girl holding on to a water container bought by her parent here outside the Malaysian capital yesterday. About 1.2 million people in Selangor state face water rationing as the drought wears on. Cloud seeding has produced rain but not enough to boost stocks in
      55 words
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      Page 1 Advertisements Column 3
      49 1 rsi. Ltat Tower* a Tel: 734 1353 I Taka«himaya Tel: 735 mtL WM&Mfrk WL sPHI s ff I JV« MlI L l raPiiWS^ yT Essential by nature. V mSI HERMES HtJtBAG: Kg PARIS "evolutionary" bag with two changeable pouchrs in coated todr-H fabric and bridle leather. r^jraS^k IfM. YFJIKfTNIifNI
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Suburban shopping malls resist pressure for rent cuts
      626 2  -  I Some landlords have raised rents instead, as provided for 5 in contracts By: Frances Lui LIKE their city counterparts, j suburban retail tenants have > been calling for rental cuts and concessions but with- out much success. Landlords of suburban shopping
      FILE PHOTO  -  626 words
    • Article
      Asian downturn likely to last 2-3 years: Nomura
      530 2  -  Japan seen as the wild card holding key to region's recovery By Wong Wei Kong THE downturn in Asian economies is likely to last for two to three years with Japan holding the key to a regional recovery, analysts from leading Japanese
      530 words
    • Article
      US company to pump US$50m into new plant here
      290 2  -  DuPont Photomasks eyes chipmakers in the region By* Annette Pau DUPONT Photomasks Inc (DPI) of the US says it will invest US$5O million (5579.8 million) in a new photomask production facility in Singapore to serve chipmakers in South-east Asia. The plant,
      290 words
    • Article
      S'pore Poly's Virtual College launched on SingTel's Magix
      264 2  -  Hyy Chin Jit Fong IN THE first of several tie-ups Singapore Telecom is pursuing with educational institutes, the Singapore Polytechnic's Virtual College was launched yesterday on Magix, SingTel's high speed interactive multimedia service. Magix subscribers can now get a shot at online
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    • Article, Illustration
      Lock icon M1 shrank 5.8% in February
      296 2  -  BYE ON THE ECONOMY Finance Bw Clarissa Tan Ml. the narrow money measure, continued falling in February, shrinking by 5.8 per cent year-on-year to $26.31 billion, latest figures from the Monetary Authority of Singapore show. "This is a $1.5 billion decrease from January and a
      Source: MAS  -  296 words
    • Article
      Hoechst arm to go ahead with Jurong isle investments
      448 2  -  Celanese expects market to torn around by 2000 By. Ronnie Lim REGIONAL downturn or not, Celanese, the new arm of German chemicals giant Hoechst, is proceeding with two big investments on Jurong island estimated to cost several hundred million dollars as
      448 words
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      27 2 Feel ins out of your depth: when it comes to aquarium care? 0 Keep afloat with Aquariums, A every Saturday in o The Straits Times Classified. |cat.s
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      Page 2 Advertisements Column 2
      87 2 8 MADE IN GERMANY SINCE 1842^ Th« hallmark of Offermann it restrained itogonca. This superior luiinMi case provides optimal performance duo to its strength, layouT one ngnTwoiQnT consYTwcnofio marr-oiocK com Qi nan on iocki vniurv oasy use and high socurit*/. A special additional feature Is a Shirt Bag, which fits
      87 words
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  • Page 3 Advertisements
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      81 3 Ni K >1 \\> x <,i;XI:\ i; I «i;. V <S*mggmGfa ?w I as-' <- vM" I jHr ,i2?S Affl > v JM& v v#^i i|R' c J S's -I J Sl\( IRK VVAR 111 IMITEDt I \(,l l-.ANM lIV 1.1 7W06l»« MARINA SQUARF.TiI3IB urn., N I FRF M\IAIM\ •IK
      81 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lower prices in the East
      620 4  -  Developers of Costa Rhu and The Bayshore selling remaining units at up to 20% below launch prices By] Diana Oon [SINGAPORE] Prospective Lhomebuyers I looking at newly- completed projects could cut a pretty good deal In at least two leasehold developments in the East Costa
      620 words
    • Article, Illustration
      Lock icon Good response to F&N service apartments
      395 4  -  After only 2 weeks, take-up rate at the two projects has hit nearly 25% By, Abdul Hadhi [SINGAPORE] In a sign of strength for the service apartment market, Fraser Place and Fraser Suites have each achieved a take-up of close to 25 per cent
      LAU FOOK KWANG/ST  -  395 words
    • Article, Illustration
      Scotts to launch KL joint venture condo
      185 4 [SINGAPORE) Listed Scotts Holdings has started marketing its joint venture property project in Kuala Lumpur called Kirana Condominium. The 23-storey block has 66 units with sizes ranging from 2,178 sq ft to well over 6,000 sq ft. Prices are pegged at 549-720 Malaysian
      185 words
    • Article
      House Hunt
      1134 4 Property transactions for districts 15 and 16 (sactors 42 to 45 and 46 to 48) todgad batwean Fab 9 and Apr 12,1906 wojbct mm nop contract tbuk mlt-w met m STWTMME vm. om UWOAAEA' District 15 mmrnm m Amber Parte Apt 20-01-1996 FH 1744 1180 877 Amber Point
      1,134 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      111 4 INDUSTRIAL PROPERTY FOR SALE I YISHUN I Built-in 360,000/430,000 sq ft Land area 360,000 sq ft Tenure 29+30 wef 1 July 1989 90% Fully airconditioned Good loading facilities Ample carpark Own canteen Excellent corporate HQ Sale with vacant possession For more details, please contact: Dr Amos Koh 22S GS33 Mr
      111 words
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      Page 4 Advertisements Column 2
      208 4 S'pore 1 2 June KL 4 5 June Le Meridien Hotel Concorde Hotel Ybu will leam to Focus on critical inventory sectors Achieve high levels of inventory accuracy Maximise storage space utilisation Eliminate stock damage Achieve better warehouse productivity Maximise warehouse resources Select faster less expensive order picking "Get it
      208 words
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  • SOUTH-EAST-ASIA
    • Article
      Myanmar orders courier firms to stop operations
      458 5  -  SINGAPORE 11 companies given until Monday to cease business; DHL only firm not affected By\ Ronnie Lim IN A surprise move, Myanmar has ordered 11 courier companies, including TNT, United Parcel Service, Overseas Courier Service and Federal Express, to cease operations by Monday
      458 words
    • Article
      Lock icon Indonesia still backs Aussie bid to join Asem
      205 5 JAKARTA AFP INDONESIA remains in full support of Australia's bid to join the Asia-Europe Meeting (Asem), Indonesian Foreign Minister Ali Alatas said yesterday. "Indonesia has since the beginning supported the entry of Australia into the membership of Asem on the side of
      AFP  -  205 words
    • Article
      Lock icon Selangor feces water rationing
      183 5 KUALA LUMPUR AFP MORE than two million people in Malaysia's Selangor state could face water rationing from next week as part of efforts to stretch depleting water resources amid a severe drought. The state government is also reportedly drawing up plans to privatise its waterworks department
      AFP  -  183 words
    • Article
      Lock icon ILO warns of social unrest in Asia
      358 5 HONGKONG Govts' response to rising joblessness inadequate, it says AFP ASIAN governments' response to soaring unemployment following the region's financial crisis has so far been inadequate and more needs to be done to prevent social unrest, the International Labour Organisation said yesterday. The
      AFP  -  358 words
    • Article, Illustration
      Lock icon Indon students press for urgent reforms
      270 5 JAKARTA AFP HUNDREDS of students gathered at rallies at Jakarta universities yesterday to press their case for urgent political and economic reforms to deal with Indonesia's financial crisis. At the state-run Indonesia University (UI), at least 700 students from several universities joined a protest
      AFP; REUTERS  -  270 words
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      139 5 re Presbyopia and Glaucoma centre Total Solution In Eyecare eye-checks wAnii i iy> at Specialist Eyecare Centre Promotion valid till 30 April 1998 As you advance beyond 40, your eyes will naturally strain to read the newspaper, view a car's dashboard or work on the computer. This is a natural
      139 words
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  • MARKETS IN TURMOIL
    • Article
      Lock icon Another 44 Indon bank execs under travel ban
      303 6 AFP, Reuters {JAKARTA] Indonesian authorities have extended a travel ban to another 44 executives from 14 crippled banks recently suspended or put under government supervision, reports said yesterday. "Now the number of people prevented (from travelling overseas) stands at 94. They are
      AFP,; Reuters  -  303 words
    • Article, Illustration
      Lock icon ADB chief denies he'll launch financial caucus
      408 6 He says region's financial crisis is coming to an end AFP [MANILA] Asian Development Bank (ADB) president Mitsuo Sato yesterday denied he will launch an East Asian financial caucus during the bank's annual meeting in Geneva later this month. A BT report on
      AFP  -  408 words
    • Article
      Bankers forced to pay up RM75m after TimberMaster's bond default
      551 6  -  Guarantors: Pacific Bank, Maybank, Bumiputera Merchant Bankers By Meera Tharmaratnam in Kuala Lumpur PACIFIC Bank Bhd and Malayan Banking Bhd were among three banks forced to make good on a bank guarantee after second-board listed Timber Master Bhd defaulted on
      551 words
    • Article, Illustration
      Lock icon Turmoil hits Indon prisons
      41 6 [JAKARTA] Prison wardens closing the gates of the Cipinang jail yesterday after a truck carrying rice supplies. The Indonesian economic crisis has already forced a downgrading of meal rations for detainees, with rice portions being reduced. AFP
      AFP  -  41 words
    • Article
      Lock icon Indon corporate debt totals US$80b
      201 6 AFP [JAKARTA] Indonesia's external corporate debt stood at US$BO.2 billion (*****.8 billion) as of April 3, the central Bank Indonesia said yesterday, ahead of a crucial meeting in New York aimed at restructuring private debt. Bank Indonesia, in a press release, said Indonesia's offshore debt
      AFP  -  201 words
    • Article
      Lock icon M'sia slowdown could be picking up pace: analysts
      491 6 They point to 2% fall in production, 5% rise in inflation Reuters [KUALA LUMPUR] A decline in industrial production in February and a rise in inflation to a five-year high in March show the Malaysian economy could slow down faster than expected,
      Reuters  -  491 words
    • Article
      Lock icon Manila banks to be more transparent
      266 6 Need to list market value of trading portfolio from Sep AFP [MANILA] Philippine monetary officials said yesterday they would order all banks to list the market value of their trading portfolio starting September as part of a move to improve transparency. Meanwhile, the head
      AFP  -  266 words
    • Article
      Lock icon Jakarta will lift ban on crude palm oil exports: source
      345 6 Reuters [JAKARTA] Indonesia yesterday tried to remove confusion over its ban on crude palm oil exports, saying it will adhere to an agreement with fhe International Monetary Fund and end the embargo this month. "The ban will be lifted on
      Reuters  -  345 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon China's WTO quest far from over: Barshefsky
      468 7 WASHINGTON US keen to have China open up its markets amid rising trade deficit Bloomberg CHINA'S decade-long quest to enter the World Trade Organisation is a "journey far from complete" with markets still largely closed to US and other foreign goods, US Trade
      Bloomberg; REUTERS  -  468 words
    • Article
      Lock icon Plan to fill empty Pudong flats with up to 2m Shanghainese
      440 7 SHANGHAI Area will have an int'l airport, light rail, subway link AFP SHANGHAI is counting on the migration of one or two million residents across the Huangpu river to fill empty apartments in its overbuilt Pudong New Area development
      AFP  -  440 words
    • SINO Briefs
      • Article
        Lock icon China to open some trials to public
        69 7 Reuters [BEIJTNG] China's top judge yesterday outlined broad legal reforms that will open certain court trials to the public and even to live radio and television coverage. Xiao Yang, president of the Supreme People's Court, said China will gradually open to public and
        Reuters  -  69 words
      • Article
        Lock icon HK issues health alert on seafood
        57 7 AFP [HONGKONG] The authorities yesterday issued a health warning amid a red tide menace, urging the public to eat only fresh marine fish and consume less shellfish. Shoppers should only buy marine fish "with a firm and intact body and clear eyes", a spokesman
        AFP  -  57 words
      • Article
        Lock icon Lien Chan plans stopover in US
        70 7 Reuters [TAIPEI] Taiwan said yesterday that Vice-President Lien Chan will stop over in the United States en route to Central America next month, raising the prospect of a Chinese protest on the eve of a June US-China summit. Mr Lien will make transit stops
        Reuters  -  70 words
      • Article
        Lock icon Phasing out pre-1997 Taiwan passbooks
        64 7 AFP [BEIJING] China plans to tighten controls on documents it issues to Taiwan residents for travel on the mainland, the official Xinhua news agency yesterday quoted a Public Security Ministry official as saying. The official said China will phase out Taiwan passbooks issued before 1997
        AFP  -  64 words
    • Article
      Lock icon Chinese bank plans to up home loans by 60%
      297 7 BEIJING AFP THE Industrial and Commercial Bank of China (ICBC), will increase its housing-re-lated loans by 60 per cent this year, the China Economic Times reported yesterday. The move is likely aimed at supporting a sweeping package of housing reforms soon
      AFP  -  297 words
    • Article, Illustration
      A radical shift in consumption patterns
      722 7  -  CHINA WATCH China faces challenge of tapping pool of private savings Lu Ning DURING a recent trip to Beijing, I was more than a little surprised when my offer to visit a friend after work was politely turned down. "No, no. we'll come to
      722 words
    • Article
      Lock icon HK sticks to its 3.5% growth forecast
      163 7 HONGKONG AFP HONGKONG stands by its economic growth projection of 3.5 per cent for 1998 despite lower forecasts by the IMF and the OECD recently, a government official said yesterday Treasury Secretary Denise Yue said the government stood by its prediction despite the
      AFP  -  163 words
    • Article
      Lock icon Taiwan team to visit China next week
      139 7 TAIPEI AFP A GROUP of Taiwan negotiators is to visit China next week, the first delegation from the island in nearly three years, it was reported yesterday. Taiwan's top negotiator Koo Chen-fu said at the end of a ruling party meeting that Chan
      AFP  -  139 words
    • Article, Illustration
      Lock icon Steeling up against McDonalds
      71 7 [HONGKONG] British "McLibel"campaigner Helen Steel taking her message to the streets of Hongkong as she handed out the Chinese translation of her pamphlet, "What s Wrong With McDonalds in front of one of the territory's 143 outlets on Tuesday. Ms Steel gained notoriety in Britain when
      AFP  -  71 words
    • Article
      Lock icon Drought, floods destroy mainland farmland, threaten grain harvests
      301 7 BEIJING Bloomberg DROUGHT, floods and frost threaten China's grain harvests this year and may destroy farmland in some of its main agricultural regions, government officials said. Given the bad weather, China's 1998 grain harvest is unlikely to match last year's 492.5 million
      Bloomberg  -  301 words
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      Page 7 Advertisements Column 2
      88 7 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management,corporate secretarial and professional administration services are available We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants For further
      88 words
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  • FOCUS
    • Article, Illustration
      Lock icon Will Australia flex its muscles?
      842 8  -  The country s newly-attained economic clout could encourage it to influence political developments in Asean By] Russell Baker Russell Baker is a writer in Sydney who contributed this article to The Business Times [SYDNEY] THE regional economic downturn has left Australia as the "strong man"
      FILE PHOTO  -  842 words
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      345 8 today s?ianhe Zaobao <3K§) «*T*» JWLSWWMtff /DidiiTyou^ know? J I read it in l Catch Cats' Mm in Classified this Ifaisipzisvasm c^ BUSINESS Notices To advertise call toll-free 1800-741 1883 NOTICE IS HEREBY GIVEN that, I Tano Janis of #01-06 Block 11 Mei Hwan View Singapore *****6, have applied for
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      Page 8 Advertisements Column 2
      250 8 NOTICE IS HEREBY GIVEN that, I Raymond Chow Kok Sun of 2 Mei Hwan Drive Singapore *****4, have applied for a Wholesales/ Retail Liquor Licence in respect of M/s YHS (Singapore) Pte Ltd located at 3 Senoko Way Singapore *****7, and that this application will be considered by the Liquors
      250 words
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      Page 8 Advertisements Column 3
      422 8 NOTICE IS HEREBY GIVEN that. I Chan Ka Wai of Apt Blk 56 Lengkok Bahru #03-473 Singapore *****6, have applied for a Wholesale Liquor Licence in respect of M/s P. C. M. Classics Marketing located at 317 Outram Road, Concorde Shopping Centre #02-44 Singapore *****5, and that this application will
      422 words
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      Page 8 Advertisements Column 4
      312 8 IN THE MATTER OF THE COMPANIES ACT. CAP. SO PL RSI ANT TO SECTION 290(2) <B> AND IN THE MATTER OF TEXPORT INDUSTRIAL PTE LTD (Member*' Voluntary Winding I'p) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 257 Selegie Road. •05-281 Selegie Complex. Singapore
      312 words
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      Page 8 Advertisements Column 5
      79 8 and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout ceremony. It's another chance
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      34 9 AAA a»a r r B nil Ir f i". ti r'ftr ijrflriMrfilTr /T\ It r.T.,-. jjfr IIBf Tiwi 111 iljj fw T Ifii For more information about A I A please call 291 8000
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  • ASIA
    • Article
      Lock icon Seoul slaps travel ban on bankers, two ex-ministers
      302 10 SEOUL Snap raid also launched as banking probe widens AFP PROSECUTORS yesterday raided the offices of a bank association and slapped a travel ban on merchant bankers and two former economic ministers in a widening probe into corruption in South Korea's tattered
      AFP  -  302 words
    • Article
      Kia Motors placed under court receivership
      492 10  -  Move paves way for third-party takeover of S Korea's third largest carmaker By Jennifer Veale in Seoul AFTER nearly a year of heated debate over its fate, embattled Korean carmaker Kia Motors was placed under court receivership yesterday, paving the way for an imminent
      492 words
    • Article
      Lock icon Inter-Korea talks stall as both sides seek concessions
      278 10 BEIJING AFP HIGH-LEVEL inter-Korean talks ground to a halt here as both sides waited for the other to make concessions and break a stalemate in the first direct negotiations in four years. "We have made all the concessions we could make. There
      AFP  -  278 words
    • Article
      Lock icon Chaebols' debt to equity ratio jumps
      221 10 SEOUL AFP SOUTH Korea's top 30 conglomerates' average debt to equity ratio rose to 518.9 per cent at the end of 1997 from 386.5 per cent a year earlier, the Fair Trade Commission said yesterday. The combined assets of the newly-designated top 30 chaebols
      AFP  -  221 words
    • Article
      Lock icon IBJ chiefs to take one-year pay cut
      190 10 TOKYO AFP THE Industrial Bank of Japan Ltd (IBJ) said yesterday its chairman and president will not receive any pay for one year due to the firm's involvement in bribery scandals. The bank's chairman, Yo Kurosawa, and president, Masao Nishimura, will take the
      AFP  -  190 words
    • Article, Illustration
      Lock icon Bowled over by food
      74 10 [SYDNEY Agallery attendant leaning over an artwork titled "Noodle Girl" at Sydney's Museum of Contemporary Art yesterday. 7 he materials used to make the work include stone powder, clay, resin, acrylic, enamel and a television set. It is part of an exhibition called Eat which showcases
      REUTERS  -  74 words
    • Article
      Lock icon India to protect parts of its industries
      374 10 NEW YORK Bat minister says it won't relapse into protectionism Bloomberg INDIA'S Hindu nationalist coalition government will protect parts of Indian industries from competition from overseas companies for an unspecified period, but will not "erect walls, tariff and nontariffs, to relapse into protectionism",
      Bloomberg  -  374 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      655 10 ©DBS BANK THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING To: All Shareholders NOTICE IS HEREBY GIVEN that the Thirtieth Annual General Meeting of the Shareholders of the Company will be held in Meeting Room 3, 18th Storey, DBS Building Tower
      655 words
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      Page 10 Advertisements Column 2
      14 10 Buy It. Sell It. Find It. Classified. CATS. Call Today For Results Tomorrow. 1800-737-1166
      14 words
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  • THE WORLD
    • Article
      Japan's woes exaggerated? New data undermines Tokyo's claim
      595 11  -  IMF-WORLD BANK MEETING Falls in bank loans, dept store sales both potential pointers towards recession From, Anthony Rowley in Tokyo AS Japanese government leaders prepared yesterday for a roasting on their policies from the Group of Seven (G-7) finance ministers and central
      595 words
    • Article
      Lock icon Asian recovery: US looks to Japan
      477 11 Tokyo urged to boost economy, fix its financial system Bloomberg [ANNAPOLIS, Maryland] Japan must stimulate its economy, deregulate its markets and fix its financial system before the Asian financial crisis can be resolved, said US Trade Representative Charlene Barshefsky. "The US cannot be the
      Bloomberg  -  477 words
    • Article
      Lock icon Duma seeks court ruling on Yeltsin's PM move
      194 11 MOSCOW Reuters RUSSIA'S opposition-domi-nated lower house of parliament struck a defiant pose yesterday in its stand-off with President Boris Yeltsin over who should be the country's next prime minister. A Kremlin adviser issued an indirect warning to the State Duma, giving possible
      Reuters  -  194 words
    • WORLD Watch
      • Article
        Lock icon UBS chief sees more bank mergers
        44 11 Bloomberg [HAMBURG, Germany] Union Bank of Switzerland chief executive Mathis Cabiallavetta expects more mergers among European banks as the rising expense of investing in information technology increases the need to pool costs, German newspaper Die Zeit reported. Bloomberg
        Bloomberg  -  44 words
      • Article
        Lock icon Swiss construction firms in bad shape
        89 11 Bloomberg [ZURICH] Switzerland's economy is expanding at the fastest pace since 1990, but the country's construction industry is still in the doldrums as too many competitors chase too few orders. A total of 313 building firms went out of business in the first quarter
        Bloomberg  -  89 words
      • Article
        Lock icon Protestant leader's poser to Blair
        87 11 AFP [BELFAST] Protestant firebrand lan Paisley yesterday spearheaded the campaign against Northern Ireland's compromise peace deal, challenging British Prime Minister Tony Blair to come up with an alternative. Mr Paisley, leader of the hardline Democratic Unionist Party, defied Mr Blair to set out an alternative
        AFP  -  87 words
      • Article
        Lock icon Tutu distressed at P W Botha's stand
        62 11 AFP [GEORGE, South Africa] The chairman of South Africa's truth commission, retired archbishop Desmond Tutu, yesterday said he was "deeply distressed" that P W Botha had rejected an opportunity to avoid his trial. Rev Tutu said he had met the hardline apartheid-era president
        AFP  -  62 words
      • Article
        Lock icon Havel doing well after surgery
        72 11 AFP [INNSBRUCK, Austria] Czech President Vaclav Havel is awake and doing well after emergency bowel surgery on Tuesday in Austria, "but he is not yet completely out of danger", doctors said yesterday. "He is doing well and has been talking and reading, but it will
        AFP  -  72 words
    • Article
      Lock icon Prices of US imported goods down in March
      407 11 WASHINGTON Drop reflects falling oil prices and effects of Asian turmoil Bloomberg PRICES US businesses paid for imported goods fell in March for the fifth consecutive month, reflecting falling oil prices and the effects of the crisis in Asia on the cost
      Bloomberg  -  407 words
    • Article
      Lock icon US inventories up 0.6% in Feb, almost matching sales growth
      344 11 WASHINGTON Bloomberg INVENTORIES of goods at US businesses rose in February almost matching an increase in sales as companies added stocks in anticipation consumer demand would not slow. Inventories rose 0.6 per cent to U551,054 trillion (SSI.7 trillion), close to
      Bloomberg  -  344 words
    • Article, Illustration
      Lock icon The best of the gnomes
      49 11 [DONJON DE VEZ, France) Garden gnomes relaxing on the grounds of the Donjon de Vez, north-east of Paris, on Tuesday. Some 300 of the finest examples of the jovial little garden ornaments have been gathered therefor the first gnome exhibition, which started yesterday. AFP
      AFP  -  49 words
    • Article
      Lock icon IT industry behind growth and low inflation of US
      496 11 WASHINGTON It contributed to over 25% of GDP over past five years Bloomberg, NYT THE US Commerce Department said yesterday the information technology industry is driving economic growth and keeping inflation low. Over the past five years, the information technology industry
      Bloomberg,; NYT  -  496 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      451 11 QDBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated in the Republic of Singapore) NOTICE or EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of The Development Bank of Singapore Ltd (the "Company") will be held at Meeting Room 3, 18th Storey, DBS Building Tower One, Singapore
      451 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Singaporean complacency is a worry
      682 12  -  THE BOTTOMUXE OPINION By Audrey Tan The writer is a BT reporter A SURVEY finding that nine in every 10 Singaporeans expressed confidence in the economy would have been entirely heartening, if not for the reasons behind their bullishness. The chief reason, cited by the
      682 words
    • Article
      IN OTHER WORDS
      113 12 The distinctions between high and popular art are meaningless.' Chris Smith British culture secretary, on how pop singer Bob Dylan is just as valid as the poet John Keats. 'If tears can grow sugar cane, the situation might not have been this bad.' -Sawing Pookh&ng a sugar
      113 words
    • Article
      The return of the haze
      576 12 EDITORIAL A HAZE over South-east Asia in the coming months looks unavoidable. In addition to the out-of-control fires in the jungles of Kalimantan, forest fires are raging in Malaysia as well. In Brunei and parts of Sarawak, air pollution has surged to critical levels. It
      576 words
    • Article, Illustration
      Lock icon Last vestige of crony capitalism in the US
      817 12  -  Congress needs to dismantle bank law separating banking, securities and insurance sectors By\ Leon Hadar The writer is BT's Washington correspondent AMERICAN leaders are sending a clear message to their counterparts in Indonesia, Korea, Thailand and Japan: Tear down the "crony capitalism"
      FILE PHOTO  -  817 words
    • Article
      WHAT THE OTHERS SAY
      871 12 ExcMshr«l«viMabottslMd AT THE stroke of a pen. Minister of Home Affairs Hartono has abolished 73 levies and taxes imposed by provincial, regency and city administrations throughout Indonesia. The move is expected to end the practice by local administrators of imposing levies, legitimate or otherwise, for various
      871 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      22 12 DOOMESBURY By Garry Trudeau 70NI6HTiVUKBTO JEFSMY, SV&WONSHBR£& f /j'SANORIJFAL 7HAT\ fTH IP kJeLCOMBMR. JBRBMY eNPU*ING7H£WK£«C»/NG WXX?\ NOPE' T V CaWKSHTDOUP. %VP Swl
      22 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      650 13 Buy It. Sell It. Find It. Classified. CATS. Call Today For Results Tomorrow. 1800-*****66 Where to wine, dine and entertain... t <jj> ass HHi I Imagine yourself the superstar for a weekend. A chauffeur driven Mercedes to the ANA Hotel's Presidential Suite. A cold bottle of Champagne.a whole weekend of
      650 words
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      Page 13 Advertisements Column 2
      129 13 BESEHBSS i i2MJVY LIMBO DANCING, j NEPTUNE STYLE. THERE'S MORE TO SEE AT ®uw.lßfl ncjnune 7th Floor, Overseas Union House, Collyer Quay, Singapore *****1. Tel: 224 3922/224 3203 f«: 223 4185 H|^H 20 24 April 12 pm-2.30 pm $23* (Adult) $16.50* (Child) Soften up that special person in your office
      129 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      815 13 TV&RAPIO Premiere 12 Movies. 1.05 AM Kaleidoscope. 5.00 NewssToday Followed 1.30 China's Rarities. fnn By She-Ra Princess of 2.00 TV Innovations. J'Sn uiel,I a D S Power. 3.00 The Great Conqueror. 4.30 Lassie s Rescue Rang- 5.3© Real Adventures of 3,5® It Pays To Travel. 5.00 ln.ble sft.ckel. uo Followed
      815 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      248 13 CRYPTIC CROSSWORD First, bogeyman. 8 Acid to assist blind farm- I I I I I I I I house victims (6) H—U LJ —LJ—Lv—U 9 Fifi acts to reform base, cowardly fellows (once) (8) P I I 1 I I 11 Doddes armed from the out- P 1 I I
      248 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Cycling to Thailand for fund
      655 14  -  Fund-raising group Bike Aid will pedal to Haadyai in June to raise $200,000, cbsistopbertam reports CHRISTOPHER TAN WHEN was the last time you went to Thailand on a bicycle? Bike Aid, a cycling group, will do just that this June in the name of charity.
      655 words
    • Article, Illustration
      Fund ride too for this Harley gang of 13
      247 14 BIKE Aid is not alone as far as two-wheeled fund raisers go. Last May. a group of motorcyclists astride Harley-Da-vidsons rode across the US to raise money for the St Andrew's Community Hospital. The gang of 13 riders and six pillions,
      247 words
    • BUMPER fo BUMPER
      • Article
        Nissan's vibration buster
        98 14 NISSAN has developed what it calls an active control engine mount a first of its kind. Using a load sensor, an electro-magnetic actuator and a control unit linked to a fluid-filled mount, Nissan is able to create a "force to cancel out vibration" that is ordinarily transmitted
        98 words
      • Article
        A Porsche Seinfeld won't sell
        102 14 PORSCHE'S last air-cooled 911 has left the production line in Zuffenhausen, Stuttgart, and it is destined for the garage of Jerry Seinfeld. The American comedian secured the vehicle—a Carrera 4S in Mexico blue through a handshake deal with Porsche chairman Wendelin Wiedeking "a long time
        102 words
      • Article
        US car makers opt for side airbags
        97 14 FORD Motor will introduce side airbags in all its cars over the "next several years", according to a report citing company officials. General Motors, which offers side airbags in six of its 81 models, plans to add airbags to IS more model lines
        97 words
      • Article
        BMW sees lower S-E Asia sales
        114 14 BMW Group president and chief executive Bernd Pischetsrieder expects "a substantial decrease in sales in South-east Asia" this year. In his annual accounts conference recently, Mr Pischetsrieder also said sales in Japan will stagnate. But to put things in perspective, Asia accounts for less
        114 words
      • Article, Illustration
        Porsche unveils its latest
        74 14  -  Compiled by Christopher Tan THE new Porsche 911 Cabriolet has been unveiled. Besides the now already familiar facial features of the new nine-eleven, the canvas-top sports car offers a fully-automatic retractable roof that folds neatly away in seconds. That means you don't have to fiddle about
        74 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      39 14 111 A* f '<; I I The Yunnan Group Of Restaurants I irs of Serving Your Favourite Dishes «>?. I our 21st amhmary, our team of matter dwfc ha* planned lary set menus at $294)0 per person just for the occasion
      39 words
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      Page 14 Advertisements Column 2
      27 14 If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C JL.T.S. at 1800-737-1166. t Another Classified Service
      27 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      184 14 TUM WEATHER Singapore: Hazy. Temperature (32-26 C) AaU-Pacdlc HVLo* Good. Europe HVLo* OomL »i»irlc« HVU* Cood. Airfcland IM3 doud> Amsterdam IBD6 showers m I& Ban*.* **7 dnmh Alms 2112 sunm BtW 21(16 Berlin II 05 rtoucK Uw*»> 1116 cloudy ftwhay 3424 doudv Bon 10 D 4 dndy Honotalu »11 showers
      184 words
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  • COMPANIES & MARKETS
    • Article
      Four local banks' ratings lowered
      573 15  -  SAP's unsolicited move on OCBC, UOB, Eeppel, Tat Lee dne to concern over poorer asset quality Byi Catherine Ong [SINGAPORE] Standard Poor's (S&P) has downgraded the unsolicited credit ratings of four of Singapore's domestic banks on concern over the country's economic slowdown and the impact
      573 words
    • Article
      FCC names Temasek exec as new CEO
      432 15  -  Qnek Ghee Hoon to take over in Jnly from Quek Leng Chan By < Conrad Raj [SINGAPORE] Propertybased First Capital Corporation (FCC) is appointing Temasek Holdings executive vice-president Quek Chee Hoon as its chief executive officer from July l in place of Malaysian
      432 words
    • Article
      Osprey looks a buy but watch for a major cash-out
      855 15  -  HOCK LOCK SIEW Louis Beckerling RISK-AVERSE investors continue to quit Indone-sian-linked companies and drive their share prices down. But for those willing to gamble, the mass exodus may have created at least one buying opportunity in the case of marine
      855 words
    • Article
      Keppel TatLee Bank to replace TLB wrts
      269 15 [SINGAPORE] Tat Lee Bank's warrants due on July 21, 2000 and July 30, 2002 will be replaced by warrants of the bank's merged entity with Keppel Bank Keppel Tat Lee Bank with the swap ratio being eight existing TLB warrants for seven new
      269 words
    • Article, Illustration
      Lock icon Springbloom to sell at new discounts of 10-15%: sources
      498 15  -  /fy. Jenny Lam (SINGAPORE! MCL Land will be relaunching The Springbloom condominium in a month's time at prices which will be 10-15 per cent lower than its average discounted launch price of $650 per sq ft, sources said. The mainboard listed
      FILE PHOTO  -  498 words
    • COMPANIES
      • Article
        4 KL brokers face tough action for missing revamp deadline
        483 16  -  They have 2 weeks to show why licences shonld not be suspended, revoked FYom Ruth Wong in Kuala Lumpur MALAYSIA'S Securities Commission yesterday gave four brokerages two weeks to show cause why their licences should not be suspended or revoked
        483 words
      • Article, Illustration
        Lock icon Europa well on track in reshaping troubled ABR
        588 16  -  It is determined to get ABR back into the black in one year By\ Frances Lui [SINGAPORE] It has only been five months since Europa Holdings acquired an ailing ABR Holdings, but already the new owners are well into reshaping the Ses-daq-listed
        ARTHUR LEE  -  588 words
      • Article
        DBS clears air over Temasek's bonds
        519 16  -  LETTERS TO EDITOR Eric Ang executive vice-president DBS Bank WE refer to the letter by Mr Dharmo Soejanto published in The Business Times on April 8,1998 and headlined "Not enough data on Temasek bonds". As the joint lead manager for the bond issue, we
        519 words
      • Article
        Local firm not linked to SCK
        132 16  -  Tan Ken Huat Managing Director Shanghai Chong Kee Furniture and Construction Pte Ltd Singapore WITH reference to the news of SCK Group Berhad under receivership published in your newspaper on April 15, 1998, we, Shanghai Chong Kee Furniture Construction Pte Ltd, wish to make
        132 words
      • Article, Illustration
        Lock icon ST Capital still riding high after going ex-rights
        359 16  -  Shares up as much as 14.7% from theoretical price By] David Boey [SINGAPORE] Singapore Technologies Capital's shares yesterday enjoyed a good session on the first day of its exrights trade, riding high on expectations from retail investors that company chairman Ho Ching
        Source: Bloomberg  -  359 words
      • Article
        STIC to get 10-15 more electronics tenants for Bintan
        403 16  -  By, Annette Pau (SINGAPORE! Mainboardlisted Singapore Technologies Industrial Corp (STIC) is aiming to sign on another 10-15 electronics companies as tenants for its Bintan Industrial Estate this year, which could yield up to $45 million more in investment commitments. "The normal
        403 words
      • COMPANY Briefs
        • Article
          Transmarco unit ups Lanka Bell stake
          73 16 [SINGAPORE] Transmarco Ltd's wholly-owned subsidiary Transasia Telecom yesterday boosted its Investment in Sri Lankan telecom company Lanka Bell. It subscribed for 3.36 million new ordinary shares and US$lO.4 million (5516.6 million) convertible unsecured subordinated loan stock for a total of U5510.97 million. The subscription
          73 words
        • Article
          Eastern Pub proposes 1-for-2 bonus
          57 16 [SINGAPORE! Eastern Publishing has proposed a one-for-two bonus issue, which will increase its issued share capital by $3.5 million to $10.5 million. The share premium account, which stood at $3.1 million as at Dec 31.1997, will be capitalised in full. And $400,000 from the "other
          57 words
        • Article
          Showpla Asia raises investment in unit
          52 16 [SINGAPORE] Showpla Asia said it is investing another US$4 million (556.4 million) in unit PT Showpla Indo (Spindo). It is subscribing for 4,000 shares at US$l,OOO apiece in cash. The latest investment will raise Showpla's stake in Spindo to 70.4 per cent from 64
          52 words
      • Article
        Corrections & clarifications
        82 16 Corrections clarifications In our report "Sembawang goes into water recycling" yesterday, we said that Sembawang plans to Invest $220 million in a terminal on Jurong Island. This is incorrect. The $220 million will be invested by Sembawang Utilities Terminals, in which Sembawang owns 45 per cent. On Apr 2 we
        82 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon SCMP stock falls as much as 3.8% as MUI sells 15% stake
        473 17 KL firm said move made to raise to cut debt and fond acquisitions Bloomberg {HONGKONG! South China Morning Post Holdings Ltd, which publishes Hongkong's largest-circulation English newspaper, fell as much as 3.8 per cent after one of its
        Bloomberg  -  473 words
      • Article
        Lock icon China Everbright eyes 'over 30%' of Kumagai Gumi (HK)
        337 17 Official unable yet to disclose identity of vendor or vendors AFP [HONGKONG] China-backed conglomerate China Everbright International Ltd is to raise its stake in the Hongkong unit of Japanese construction firm Kumagai Gumi Co Ltd to "over 30 per cent", a
        AFP  -  337 words
      • Article
        Lock icon Schroders shares soar on talk of bank merger
        186 17 Bloomberg [LONDON] Schroders pic shares rose 4.6 per cent their third 4 per cent-plus rise in as many days as investors concluded the UK's largest publicly traded investment bank will be bought. Schroders shares rose as much as 128 pence to a
        Bloomberg  -  186 words
      • Article
        Lock icon Compaq Q1 earnings plunge 96%
        291 17 It slashed PC prices to boost sales to corporate customers Bloomberg [HOUSTON] Compaq Computer Corp's first-quarter profit plunged 96 per cent as the world's largest maker of personal computers slashed prices to spark sales to corporate customers. Net income fell to US$l6 million (5525.5 million),
        Bloomberg  -  291 words
      • Article, Illustration
        Lock icon Silicon Graphics to axe 10% of its staff
        255 17 Reuters [PALO ALTO, California] Computer workstation maker Silicon Graphics Inc on Tuesday said it will cut some 1,000 jobs, about a tenth of its work force, as part of a strategy to reclaim business lost to cheaper computer makers. The Mountain View,
        Reuters  -  255 words
      • Article
        Lock icon Seagate Q3 loss smaller than expected
        257 17 Disk-drive maker cut jobs to cope with falling prices Bloomberg [SCOTTS VALLEY, California] Seagate Technology Inc reported a smaller-than-expected fiscal third-quarter loss as the computer diskdrive maker cut jobs and shut plants to cope with falling prices and stiff competition. Seagate said it lost
        Bloomberg  -  257 words
      • Article
        Lock icon Pfizer's top-selling drugs lift Q1 profit by 15%
        288 17 Bloomberg [NEW YORK] Pfizer Inc said first-quarter profit rose 15 per cent on increased sales of some of its top-selling drugs, such as the depression treatment Zoloft, as it prepared to introduce its impotence pill, Viagra. New York-based Pfizer said first-quarter profit
        Bloomberg  -  288 words
      • Article, Illustration
        Lock icon Intel Q1 profit falls 27% on weak PC demand
        498 17 Firm says slowdown will force it to cat 3,ooojobs, or 4%, of workforce over next 6 months Bloomberg [SANTA CLARA. California] Intel Corp said first-quarter profit fell 27 per cent on weak demand for its computer processors, and that the slowdown
        Bloomberg; REUTERS  -  498 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Citicorp urges Congress to revamp financial laws
        391 18 BANK MERGERS Chairman joining campaign to strike down regulatory walls of 1933 Glass-Steagall Act Bloomberg [WASHINGTON] Citicorp chairman John Reed has urged Congress to revamp laws governing the nation's financial services industry. Mr Reed said Citicorp, parent of Citibank, is joining those who
        Bloomberg  -  391 words
      • Article
        Lock icon Merger a pre-emptive step: BankAm
        327 18 Without onion with Nationsßank, it is too small to be global leader on its own Bloomberg [SAN FRANCISCO] Bank merica Corp chairman and chief executive David Coulter said he agreed to merge with Nationsßank Corp because his bank is too small and weak to be
        Bloomberg  -  327 words
      • Article
        Lock icon DBS sees no impact on S'pore banks
        277 18 Reuters [SINGAPORE] The merger mania sweeping through US banks is unlikely to have any effect on Singapore banks whose government is urging alliances, DBS Bank president Ng Kee Choe said yesterday. "I don't think the mergers in the US would directly influence let
        Reuters  -  277 words
      • Article, Illustration
        Lock icon Italian bank opens first S'pore office
        456 18  -  Banca Popolare sees current downturn as opportune time for Asia presence Byi Catherine Ong [SINGAPORE] At a time when many foreign banks are cutting back in Asia, Banca Popolare Di Bergamo-Credito Varesino, one of the largest regional banks in Italy, has opened up its
        ARTHUR LEE  -  456 words
      • Article
        Lock icon Euroyen, JGBs up on rate comment
        208 18 STMKX Report Reuters (SINGAPORE) Simex Euroyen and Japanese government bond (JGB) futures rose yesterday after Bundesbank president Hans Tietmeyer said Japan's long-standing soft monetary policy had failed to influence events in the country. "The JGBs are quite positive today especially after Tietmeyer mentioned that
        Reuters  -  208 words
      • Article
        Futures rebound on strong Intel profit
        163 18  -  MSCI TAIWAN FUTURES Charlie Kuo service dealer, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract rebounded slightly after a four-day decline, as unexpectedly strong earnings from Intel boosted investors' confidence in Taiwan's electronics sector. The April '98 contract finished
        163 words
      • Article
        Lock icon Crude oil flat despite rise in US inventories
        282 18 ENERGY REPORT Bloomberg (LONDONl Crude oil in London traded little changed after a key industry report showed US crude stockpiles surged unexpectedly last week to the highest level since May 1995. Losses were limited though, because most of the stockpile rise occurred
        Bloomberg  -  282 words
      • Article
        Lock icon CURRENCY REPORT
        282 18 AFP London THE dollar ended a choppy European session on a mixed note before a G-7 meeting yesterday and the wariness stopped buoyant European stock markets from racking up further gains. The dollar crept up slightly to hover near 1.80 marks but met resistance near 130 yen, restrained
        AFP  -  282 words
      • Article, Illustration
        Untitled
        1246 18 nfTBRBAMK CE0S8 KATBS Aprh M c$ —4 tc» nt wttiwite im wm HI »awm hm s$ —< tn im wi n—< mi Australia 0.927 6.T7I 0.588 1907 144 1015 25.497 50J0I 0.137 9.0*5 2.406 1.174 28.814 24 618 1.033 3.257 0.944 21J22 25.854 0285 0.447 Canada 1079 1797 0.435 4.217
        1,246 words
    • Article
      COMMODITY PRICES
      1502 19 S1C0M POTOEES Apr 15 MMnMpw <Ma« il SJOaa) RSS1C0NTRACT(Sc«iUA<> C»om Votoao Opon MfAk Low Sott (twww) hitortst 117.50 2250 H9.25 2400 2150 J* 120.75 2400 2865 *8* ***** 1665 SW* 125.50 1665 «AMc 98 130.00 4650 Jmfttm 99 134.75 900 0825 ISS 3 CONTRACT (US cmtafyQ VotaM OfM
      1,502 words
    • Article
      WORLD STOCK MARKETS
      2047 19 MastrMs H tact *h 31 Group 600.400 -0.600 A8 Port! 361.000 1.000 Aftfcay National 1206.000 6.000 AMed Domecq 635.400 3.400 Amac 161.000 -1.000 Asda Group 220.000 1.400 BAT M 550.000 -3.400 BGPtC 299.400 6.800 WCC 149.000 -3.000 BOC Group 926.400 -3.600 BR Petroleum 878.400 0.400 BTR 202.400
      2,047 words
    • Article
      Lock icon TOKYO
      1618 19 Bloomberg Q Nikkei 22S +2L98 JAPANESE stocks were little changed for a second day as technology shares such as Ibiden Co rose on the back of US gains and Intel Corp's stronger-than-expected earnings. "We're seeing semiconductor-related issues picked up, but that's only a percentage of the index if you're
      Bloomberg  -  1,618 words
    • Article, Illustration
      Lock icon HONGKONG
      1532 20 Reuters P Hang Seng -4128 STOCKS closed lower yesterday, pulled down by selling of blue chip properties and HSBC Holdings, brokers said, adding that the market's otherwise directionless trend would continue today. "There is nothing I can see that would upset us or push us sharply one way or
      Reuters  -  1,532 words
    • Article, Illustration
      Lock icon CHINA
      610 20 Reuters Q Shenzhen B Index -0.06 CHINA'S hard currency B shares ended lower yesterday, battered by poor corporate results and a weak debut by a stock in Shenzhen, brokers said. Three Shanghai-listed firms posted worse-than-expected profits while Shenzhen newcomer Wuhan Boiler fell below its offer price on its first
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  610 words
    • Article
      Lock icon TAIPEI
      367 20 AFP HWPhtot +42.73 TAIWAN stocks staged a modest rebound rising 0.5 per cent yesterday on strong buying of technology issues. "It was merely a technical rebound. Investors bought at lows following sharp losses in the previous sessions," said Clement Lou of International Securities Corp. The Weighted Price Index rose
      AFP  -  367 words
    • Article, Illustration
      Lock icon JAKARTA
      707 20 AFP DjOnpogiteMex -2J6 SHARE prices closed 0.5 per cent lower yesterday as most foreign investors opted to wait for the outcome of debt restructuring talks in New York, dealers said. "The market has been dominated by local speculators while most foreign investors were staying on the sidelines I think
      AFP  -  707 words
    • Article
      Lock icon SEOUL
      423 20 AFP Composite Index *&24 SHARE prices closed little changed on the Korea Stock Exchange yesterday, with sluggish foreign interest sparking retail selling, dealers said. Futures-linked selling also weighed on the market but bargain-hunting emerged among large caps towards the close, recouping early losses, they said. The Composite Index closed
      AFP  -  423 words
    • Article
      Lock icon SYDNEY
      615 20 AFP »2M AUSTRALIAN share prices set a second successive record high yesterday on continued speculation that the government will change its big bank anti-merger policy. The All Ordinaries Index closed 29.6 points higher at 2,870.5. The All Resources closed four points higher at 1,193.7 while the All Industrials rose
      AFP  -  615 words
    • Article
      Lock icon WELLINGTON
      276 20 AFP PI Wellington *1158 STOCKS rose 0.6 per cent yesterday aided by stronger Telecom Corp and paper stocks. The NZSE-40 Index was up 13.58 points to 2,328 on turnover of NZ$l9B million. The forestry sector was helped by positive broker recommendations in the US for paper company stocks there.
      AFP  -  276 words
    • Article
      Lock icon MANILA
      292 20 AFP □■wilt -1L47 PHILIPPINE share prices closed 0.5 per cent lower yesterday amid concern that the government's rising budget deficit could put pressure on interest rates. The Composite Index lost 11.47 points to 2,210.57 yesterday. Volume rose to three billion shares worth 1.28 billion pesos compared to 947 million
      AFP  -  292 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8384 21 Coasmwt protects 'W8 Lilt Vol ruw N*t Cm L CtMpapy it* OOP High Law P/C $mll ?J2 Ajlnomoto 260 urvch 3 260 256 14 3 105.4 148 73 Angkasa 83 -3 19 86 82 1.9 122.4 290 123 Apollo Food HI* 180 -12 5 190 180 5.2 72.0 388 190
        8,384 words
      • Article, Illustration
        Lock icon Shares fall again on bankruptcy fears
        304 21 AFP Q Composite Index -2022 MALAYSIA'S key stock index tumbled 3 per cent yesterday on fresh concerns over further corporate failures with two more construction firms facing bankruptcy, dealers said. The Composite Index fell 20.22 points to end at 644.62. The lesser Second Board
        AFP  -  304 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3383 22 BONK, LOANS iVAJMANTS La«t VaI Day Last Ouott Avq s,n Company Jala **r- (OOO) H*h Law Buyar SaUar Prlca 23.5 9 m 3000 m AMDB C5.5H*****6 18 tl 20.5 8 3160 -Acar ******1 USS 13 12 13 95 8.5 3164 Acma ******4 23.5 *0.5 15 23.5 23 23.5 24.5 2
        3,383 words
      • Article
        Jaya's Oct wrt looks undervalued
        204 22  -  WARRANT WATCH By R Sivanithy BUYING low-cost warrants that offer high gearing is probably the best strategy at a time like this, when the outlook is grim. The market tends to exaggerate in times like this, often "mis-pricing" stocks or warrants, thus creating opportunities for
        204 words
    • Article
      CLOB INTERNATIONAL
      2017 22 Transaction date Apr 15 I MALAYSIAN STOCKS Gr Qf Vet Day LatOnta Mv Mr YM Net MCo M>» Leer Stne Company Sato rOOO) High Leer Buyer 1«|« C"w y/t jirm 135 28 m,SOOO AISB50C 78.5 15 477 81 76.5 78.5 79 5.0 JJ u 322 80.5 653 123
      2,017 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6662 23 Transaction date: Apr 15 Or Or M Wt I9M Last Vol Day La»« Owete JJJ» V JfJ* <j*S *J« High Ln St No Company Sato COOO> High Law evyw Seller H C'vr P/t $m« Price INOUSTRtALS 43 18.5 a 1020 ACE 0vnamicj60c 30 -I
      6,662 words
    • Article
      SESDAQ
      1231 23 Or Cr M Wt 1998 Last Vol Day LMt OMtt OW Otv VM Nat Cap Avq Hl» U» StWa Clin >aia COOO) Hl» U» »n»ar Mfcr Cw M Wn 134 92 a 2000 ABRHMqsSc 104 »1 38 104 99.5 104 105 46 3 108 243 76 a 2049 AS
      1,231 words
    • STOCK EXCHANGE Of SINGAPORE
      • Article
        Untitled
        223 24 Stocks Volume Uraco HldgslOc 26,966.000 •M Resources 13.625.000 •MBf Capital 12.582,000 Easyknit HKIOc 12,274,000 •Rekapacific Bh 11,138,000 HK Land USIOc 10,437,000 •Renong Bhd 50c 10,256,000 •Pub Bk Foreign 7,264,000 •Uniphoenix 7,072,000 *Berjaya Group 6,081,000 Stocks SPH 16,391,112 HK Land USIOc 16,389,460 •M Resources 10,687,590 DBS Foreign 10,016,850 OCBC Foreign 9,932,477
        223 words
      • Article, Illustration
        Lock icon M'sian bankruptcies, S&P ratings cut add to woes
        642 24  -  STOCK MARKET COMMENTARY Financial sector the worst performer; large discounts in EL futures market also affect sentiment By R Sivanithy [SINGAPORE] News of more corporate failures in Malaysia spiUed over here yesterday, depressing sentiment and sending the Straits Times Industrials Index 17.61
        Bridge  -  642 words
      • Article, Illustration
        HOT STOCK
        71 24  -  -by Ven Sreenivasan ST COMPUTER has climbed steadily from around 60 cents in late January to hit a new high at $1.80 yesterday It closed at $179 for a net seven cents gain on 2.4 million units changing hands The technicals suggest the counter could encounter near-term resistance
        71 words
      • ON THE GRAPEVINE
        • Article
          For better feng shui?
          119 24 THE Mandarin Oriental Hotel, voted the best hotel in the world by Euromoney readers in April 1997, may give up its flagship 35-year-old building in Central for a site on newly reclaimed land in front of the Hongkong stock exchange, it was reported yesterday. One of
          119 words
        • Article
          Be proactive like Vicom
          114 24 VICOM, one of the main installers of in-vehicle units for the electronic road-pricing scheme, responded to an item we carried in this column two weeks ago about a motorist's bad experience at two installation centres. Vicom's letter read: "We would like to advise motorists that any
          114 words
        • Article
          Leave this to the sober judge
          100 24 Anheuser-Busch's popular animal commercial featuring frogs, lizards and other amphibians has placed it in the doghouse with paediatricians and consumer activists, according to the Wall Street Journal Europe. They claim that it amounts to an intentional effort to capture the attention of young children.
          100 words
        • Article
          Who owes who?
          86 24 COMPUTERISED statements of accounts are never easy to understand, but one received recently from a certain oil company had more than just a few people scratching their heads in wonder. Under the columns "outstanding amount" and "immediate payment", a recent statement said $30.00-. Ordinarily, this would mean
          86 words
        • Article
          Uh, what's happening?
          97 24 INCREDIBLE but true. A corporate communications executive for an oil company (not the one above) had this to say when asked about the outcome of a query filed some three weeks ago on the launch of a new product "Uh, no change." Asked what he meant, he
          97 words
        • Article
          Tax returns: hear this version
          84 24 A SINGAPOREAN based in Hongkong was all set to file his income tax returns via the Internet, but looks like this gentleman isn't going to be filing his returns this.year. He tells us that to file your returns via the Net you have to have
          84 words
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      Page 15 Advertisements Column 1
      94 15 V® .'> vr f H ml J. J|JCjEF I 1 1 LJI W B L Ikm 4 B 3(^5 ■IfIiBHRIII AfeßttK' TwP®Ki»e. ~MWm ZOOM Titw Boss Design Intemofconol Pie Lid showrnn™ Heod Office 134 Joo Sena Road o i Showroom NobeJ Design House (4th I eve)) #02 I 7M74 Boolevard
      94 words
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      Page 17 Advertisements Column 1
      199 17 ot.f t[ *f -jKWEEKSMP txclusive m. SSJkJ jM TheßusinessTimes J '■•afobi ■E Plaza ,ts tinr| e to reward your secretary for her diligence and commitment. Tell us why she should be treated to an ail-expense JOB Pa d ,uxurious weekend deluxe suite stay for two at the mmpm Wm <;
      199 words
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      Page 20 Advertisements Column 1
      110 20 I Bo4e Agent: IA wholly owned subsidiary of DICKSON CONCEPTS (I^TITRATIONAL) LIMITED) f I\ V ?s^i s 391 A Orchard Road Ngee Ann City #17-06 Singapore *****3 I l' -J jjjl Available at: DICKSON WATCH JEWELLERY: The Promenade, Centrepoint. Suntec City. HERMES BOUTIQUE: Liat Tower. Daimaru, Takaahimaya. Also available at
      110 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      91 21 M'* V s BT Z Corporate celebrations are opportunities to |7 ff W have a total communkation approach in enhancV/y in 9 V our company profile to your business F% Vlh associates and customers. It may be a grand opening, launching ceremony, company anni- versary, ISO certification, ground-breaking ceremony or
      91 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      66 22 calling told\ /The card we're^X I the computer I you this was a J J making for Susan I advertised in deal./ X Yup, we got what V is going to be y The Straits Times s 1 we wanted because real nice! Classified. J of rhp wiHf* fhnirp f
      66 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      309 24 BUSINESS Notices advertise call toll-free 1800-741 1883 WURACO URACO HOLDINGS LIMITED 5522.5 MILLION GUARANTEED FLOATING RATE NOTES DUE 2002 In accordance with the provisions of the Notes, notice is hereby given that the Rate of Interest for the 6-month period from 16 April 1998 to 16 October 1998 (183 days)
      309 words
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      Page 24 Advertisements Column 2
      285 24 I4J V*/URACO URACO HOLDINGS LIMITED 5522.5 MILLION GUARANTEED INVERSE FLOATING RATE NOTES DUE 2002 In accordance with the provisions of the Notes, notice is hereby given that the Rate of Interest for the 6-month period from 16 April 1998 to 16 October 1998 (183 days) is 3.*****% per annum with
      285 words
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      Page 24 Advertisements Column 3
      441 24 NOTICE IS HEREBY GIVEN that, I Chec Teck Chin of Blk 146, Bishan St II #04-55 Singapore *****6, have applied for a First Class Beer House Licence in respect of M/s The Spring Roll Restaurant located at 40 Sago Street Singapore *****9, and that this application will be considered by
      441 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      318 25 Bridge News, Reuter AS expected, trading got off to a slow start on the freight market following the Easter holidays. Brokers said it was too early to tell in which direction the Panamax market was heading although there were reports of an easier rate paid for a grain
      Bridge News,; Reuter  -  318 words
    • Article
      MARITIME STOCKS
      275 25 m -wmmmmm *gr» II Hi CWT attribution 0705 ChuanHup 0.44 0.02 28 Cotco Invoatmont OA PrttahtUnkt 0.315 unch 45 G8Ho4dtr>g» 0.315 unch Mai Sun Hup aSS -0.02 17 Hitachi ZoMfl 0.74 aoi S3 IMV nvtwunp 3.0 Jaya Holdings 0.55 Shipyard —7.7S unch 87 Corp 4.5 unch 942 Koppal
      275 words
    • Article
      Building of Hongkong's CT9 to start by year end
      417 25  -  Mnch delayed terminal to have first berth up and running by late 2001 By: Felix Chan [SINGAPORE] The Hongkong Port Development Board (PDB) has reached an agreement with port operators clearing the way for the much-delayed construction to begin on the
      417 words
    • Article, Illustration
      Lloyd's Register sets up new regional HQ in Singapore
      331 25  -  /fy l George Joseph [SINGAPORE] Top merchant shipping classification society Lloyd's Register (LR) has established Singapore as its headquarters for its new South-east Asia and Australasia region. It extended its previous South-east Asia region to include Australasia and has made Singapore
      331 words
    • Article
      Lock icon Royal Caribbean to sell ship
      141 25 Bloomberg [MIAMI] Royal Caribbean Cruises Ltd said It will sell Its 1,400-pas9enger Song of America cruise ship to the UK's Airtours pic for US$95 million (*****.9 million), as it replaces older ships with more modern ones. The Miami-based cruise line operator earlier sold Its Song
      Bloomberg  -  141 words
    • Article, Illustration
      NYK S'pore chairman fulfills dream to see the world – many times over
      714 25  - NYK S'pore chairman fulfills dream to see the world many times over SHIPSBAFE By Rahita Elias AS A 22-year-old graduate fresh out of Japan's Waseda University, Takeshi Watanabe knew exactly the sort of job he wanted one that would allow him to see the world, which effectively ruled out a
      714 words
    • Article, Illustration
      Lock icon Patrick pulls out non-union workers from Newcastle
      317 25 AUSTRALIAN DOCK TURMOIL Reuters [SYDNEY] Container-han-dllng company Patrick Stevedores suspended its nonunion port operation at Newcastle in Australia's New South Wales state yesterday in face of violent protests by union dockworkers, a Patrick spokeswoman said. A bus carrying non-union workers drove through a
      Reuters; REUTERS  -  317 words
    • Article
      Lock icon Belfast remembers sinking of Titanic
      271 25 Reuters (BELFAST) Belfast, birthplace of the Titanic, on Tuesday remembered the fateful day 86 years ago when the mighty liner hit an iceberg. The Ulster Titanic Society said the sad anniversary offered a chance to reflect on the lives of the 1,500 people who died
      Reuters  -  271 words
    • Article, Illustration
      Lock icon Ningbo seeks shipping niche
      701 26 CHINA PORTS Deepwater port in rich province of Zhejiang tries to carve niche for itself before Shanghai extends its lead further AFP [NINGBOI ONE of China's finest deepwater ports is racing to carve a niche for itself before rival Shanghai extends its lead with the help
      AFP  -  701 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      234 26 PAGE Ojak Uoyd 9 AC L 9 Donqnama 3 MIL 3 ECl 5 Accord 8 «hK>pwn 6 AppensJwp 5 Eurohins 6 Astro 3 Austral 9 00 n BSA 7 Link Batamindo 7 8 Bayswater 8 <*"*» 9 B'tanqMas 8 J CCMI 7 CMA
      234 words
    • Article
      SHIPPING GUIDE
      24990 34 THEBUSINESSTIMES 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 24/04 14/05 COSCO EMPRESS SEA 0077* 45 2****** 25/04 15/05 CMA NOPDSTRAND 225W 65 *****22 To ACA IIJTI A (An II
      24,990 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        878 39 V ,ss Voy No Berth Arrival Departure Bintan Mulya *****8 J02 alongside 15 04/2300 »P"5 J01 alongside 15.04/2359 JOI alongside 15 04/2359 Bt "mtika *Pfl5 JOI alongside 15 04/1600 Bt Sama Rahm *****® JOI alongside 15 04/1400 *****® JOI alongside 14 04/0800 Bt t *4 S»J *****8 JOI
        878 words
      • Article
        CONTAINER SCHEDULES
        1805 39 RECEIVING OF EXPORT FCl CONTAINERS AND LCI CARGO Booklnq/Balanco Rstls Ship Voy No Etb/Btr Period From To From Mi 0«>r 009 17/1*00 U 15/1500 8/859 IS/WOO 8 15/1500 8/859 15/1900 a 15/1700 16/0659 W0«00 21 15/1700 16/0659 a/0900 3 16/0700 8/189 16/1400 4 16/1200 16/1459 16/1700 2925 19/0700
        1,805 words
      • Article
        GLOBAL HOLIDAYS
        203 39 Apr 17 Greece: Orthodox Good Friday. Apr 20 Greece: Orthodox Easter Monday. Apr 28 New Zealand: Anzac Day. Apr 27 Australia: Anzac Day Holiday. Apr 28 Brunei: Hijrah. Indonesia: Islamic New Year Mu harram. Malaysia: Muharram. Apr 29 Japan: Greenery Day. Apr 30 Finland: May Day Eve. Netherlands:
        203 words
      • Article
        COCKETT BUNKER MARKET REPORT
        953 39 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive de scriptlon of the market Prices shown are based on average-sized stem Market movements are indicated The Cockett Bunker Price Index change and the
        953 words
      • Article
        VERITAS BUMKER QUALITY REPORT
        574 39 Carbon 180 Mi. 993 5 2.0 18 0 0.31 123 0 09 A#r t Density Water Residue Ask Aluminium Sediment No ebOM E25 12 5 110 M/H 380 Am 985 8 0.3 15.8 0 06 29 0.03 bw 380 Mai 992 9 2.0 19.9 0.13 64
        574 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon US unveils safety measures to cut down on air crashes
        647 40 Govt hopes to keep accidents and fatalities down as air traffic rises Reuters [WASHINGTON] The US government sought to slash the air accident rate over the next 10 years by focusing on one of the most common types of accidents
        Reuters; FILE PHOTO  -  647 words
      • Article, Illustration
        Lock icon Counting on a strike
        46 40 [SEOUL] South Korean union members of the troubled Kia Motors Corp empty a ballot box to count votes on whether to strike yesterday. Over 12,000 members voted to strike to protest against a possible third-party takeover and to demand job security. REUTERS
        REUTERS  -  46 words
      • Article
        Lock icon United Airlines orders 23 Boeing jets worth US$3.2b
        396 40 Bloomberg [CHICAGO] UAL Corp ordered 23 jumbo jets worth up to US$3.2 billion (Sss.l billion) from Boeing Co, underscoring the airline's optimism about its international expansion plans even as traffic slows in the financially troubled Pacific Rim. The Chicago-based parent of United
        Bloomberg  -  396 words
      • Article
        Lock icon Japan may charge foreign airlines for flying over airspace
        173 40 Bridge News [TOKYO] The Transport Ministry plans to impose a transit charge for foreign airlines flying over areas under Japanese control starting in fiscal 1999-2000 (April-March) as a way to raise funds for lowering domestic airport utilisation fees, ministry officials said,
        Bridge News  -  173 words
      • Article
        Lock icon French electronics firms to team up with Thomson-CSF
        421 40 State will be largest, bat not controlling, shareholder in new group Reuters [PARIS] The key players in France's defence electronics industry said that they would forge an alliance around Thomson-CSF, to reinforce the group as it prepares to negotiate pan-European accords. Engineering
        Reuters  -  421 words
      • Article
        Lock icon Pressure mounts on pilots to settle wage dispute
        372 40 AMA STRIKE AFP (TOKYO) Pressure mounted on striking pilots at Japan's All Nippon Airways Co Ltd yesterday as a damaging wage dispute entered the 10th day with no sign of either side giving ground. Six International flights were cancelled, bringing to 60
        AFP  -  372 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1750 40 CITY rilCNT ruwr CTO 0F06 IMS $026 2350 AbuDhat CVTM 20)0 Utm ?359 A4aial4a 1*73(1 1930 1*73(2 2055 FmImioM *0181 MWO 0105 Ofd 1130 Of(2 205! 6Mn«ihovMC S0(03 «05 C2352 0(35 S0229 2220 C2353 2045 $0804 1020 AiMtar44ffl *1843 0450 *LM4 0040 Hanoi VNT41 1)10 VN740
        1,750 words
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      Page 26 Advertisements Column 1
      756 26 I OULF/INCHAN SUB-CONTINENT I SINGAPORE CALIFORNIA EXFRESB (DIRECT FROM WIST COAST) 11 jQULF KARACHI EXPRESS (QKX) 0W VAN SU U SM VISSIL VOY JU MM lAN KM (01 PKG SM Vim Df SAGITTA OIWSOO 25/OWYIA LGR) IS/03 iTirtrn ninnn r mrmiri T v 00 041 03/04 05/04 04/04 10/04 u/04
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      Page 26 Advertisements Column 2
      713 26 Lmes services represented b MemOers of the Registry of Accredited Shipping Agents V'".x Singapore Shipping Association Members of the [N g Sf.l Singapore Freight Forwarders Association so vxr sai/zftp. v <%> gmTiffistog Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 x Japan -2 x Hongkong -1
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      Page 27 Advertisements Column 1
      996 27 I SAX SERVICE (DIRECT) vcsa VOY SINEW LAX OAK DAI HOU CHI COt MEM Ml NYC Moinjwuoei om 06/05 21/05 25/05 25/05 26/05 26/05 26/05 26/05 27/05 27/05 AfISfML 0021 13/05 28/05 01/06 01/06 02/06 02/06 02/06 02/06 03/05 03/05 Aft SARDONYX 0031 20/05 04/06 08/06 08/06 09/06 09/06 09/06
      996 words
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      Page 27 Advertisements Column 2
      1926 27 0 HANJIN SHIPPING HANJIN SHIPPING (S) PTIITD Imf //mm <om BOOKING *****35 737 SAIfS 32*0724 231 DOCUMENT *****/1 274 OttUTIONS *****41 757 MAIN LINE *****55 fAI 222W60 (I *0 **********0* TO NW USA CANADA USA CANADA* FDR VSL/VOY MM SW UNEHAUL/VOY Ist*!1 st TIW I DM I PDI jOR MSP
      1,926 words
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      Page 27 Advertisements Column 3
      563 27 rUUT C O NTAIN > IID PIPICAIIP SI II VI CIS wssti yoy sir pig *or sir hkg Ra m pus *oi_ sin pug vtssa m_ _sin w m "ios*" oTw ISmmi "ivoT Tvm T WIA W- ML ifiii WW MJ MAtC KifIUWG WIS 12/04 14/OT WtISSMORN OOSN 10. C<
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      Page 28 Advertisements Column 1
      1532 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITE3UIANEAN^CANADA VESSEI VOY SIK IfH RTM U# HAM WV FIX VESSEL VOY SIN JED GIT SPE FOS MX WW TRAOE SELENE war 9 17 04 06 OS 09 05 07 OS 0605 10 05 DSR AMERICA WMO2O 73 14 00 06 12 05 14
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      Page 28 Advertisements Column 2
      1376 28 MY ANG internet Web Site http: //mm yml.com. tw A* It >*****'* ft <1 ARRIVAL MM DAY-tuemay VESSEL VOY LEH FXT HAM ANR HFA Sill MING STAR ABO9E SID SLD SLO SLO SID 21/04 MALACCA BRIDGE ABIOE SLD SID SLD SID SLD 28/04 MING SUN ABIIE SLD SLD SLD SLD
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      Page 28 Advertisements Column 3
      416 28 LINE I SSSf Jt TKLt 3AA3ASA PAXi ASA2II2 MUARA 1 LABUAN vissa vor no ru vissa vor m> ra SFORI MUARA SPORI UN IPtOMO VIH/N 17/04 20/04 J-WOSfB Vm/40 17/04 21/04 AmaotT via/* n/04 25/04 *mcu*r vi«/« 22/04 m/ 04 J.WOSTB Vlll/W 20/04 24/04 J-WOSW VIII/* 20/04 JO/04 Aruoarr viu/w
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      Page 29 Advertisements Column 1
      1498 29 VESSEL VOY SIN PGU ~PKG PEN BLW SUR PUB BA ~BIK IRAN VOJDAN PJL 1278 16/04 25/04 MALACCA GLORY PJL 1289 14/04 23/04 IRAN GHEYAMAT PJL 1279 24/04 03/05 IRANVAHDAT PJL 1284 12/05 21/05 22/05 IRAN TAKHTI PJL 1286 19/05 28/05 29/05 IIRAN TEYFOURI PJL 1287 26/05 I I I
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      Page 29 Advertisements Column 2
      1829 29 DIRECT SAILING TO SHANGHAI XINGANG I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) "^^Oslo^ToHOßEOmCE^™^^^^™^^^ COSTAR SHIPPING PTE LTD #)7-O»MSHDG SAUS/BRGS 4205M1/43 INWARD OEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CR NO: **********0 M TOWER TWO (*****9) CONVENTIONAI *****50/SS T/SHPMT PERT *****25 TEL
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      Page 29 Advertisements Column 3
      613 29 EASTERN CAR UNER, LTD."ti sX,? <t til to. (SINGAPORE) rn LTD SPECIALIZE IN RORO HEAVY UFT WTO 122 TOWS I Ed (SINGAPORE) PTE LTD LOADING FOR YOKOHAMA OSAKA YANGON CHITTAGONG MV "CORAL HERO" V.6 MV "OCEAN BRAVE" V.B ETA SN 23/04/98 ETA OSK 02/05/98 ETA SIN 25/04/98 ETA YGN 30/04/98
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      Page 30 Advertisements Column 1
      1204 30 EUBOPEAIK/SCANDIWAVIA/f INLAND/RUSSIA ir.Br Qui nm 1,5£ RDM ANW HBG THP ZEE LMV LHV TMP ROM ANW HBG P«L fIGP 16/05 17/05 19/05 21/05 E REFINE M 015 28A13 30/03 20/03 31/03 02/04 27,04 24/04 I S^Jou? 3 52J 15/06 20/05 18/05 18/05 19/05 20/05 E HEACH HE 818 M/W 06/04
      1,204 words
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      Page 30 Advertisements Column 2
      825 30 m. am MAC-llfeLS S'Pftfte M'ftlA Carrier: MN CONTR UNES, INC I -IV*/ 1 em *o> taooenoooM seu: (OM) 3i6i7» mamla [**********4 PEMANG: (04) *****30 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELAMG: (03) *****77 JKT: (21) *****07 MOW: (61) *****3 KUCHMG (062) *****1-3 Manila oiNQ*/i«aiom/ii hawF MV "S. S. BEACON
      825 words
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      Page 30 Advertisements Column 3
      396 30 ft* NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel I vot I sin puj out en iTwr GOiDBIDUGOH VOQ4S 71/04 30/04 05/05 08/05 mmintiiKEss »o?is 30/04 14/05 17/05 IjMMMEH VO27S 09/05 17/05 27/05 26/05 2VoT NANIAIDKAGOK V.0065 17/05 24/05 M/ 05 03/06 WAMTAI PiNCE VQ22S 25/05 07/06 11/06
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      Page 31 Advertisements Column 1
      382 31 HMft MYANMA wHBk FIVE STAR LINE W (Myanmor National Lino) Loading for Yongon (Rangoon) vissel vor sin pkg pen pgu PAGAN 254W SID (AGO 101W SID MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL Til 02-03-*****00 PKL TEI 02-03-*****01 PIN: TO. 02-04-*****02 PGO: HI 02-07-*****21/4 BANK LINE (A strvio of Andrtw Weir
      382 words
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      Page 31 Advertisements Column 2
      1226 31 A HYUNDAI MERCHANT MARINE CO. UD. IVESSa VOY SRI SOU I LIH RTM I ANT I HAM I BRV I FEL Ivtssa VOY SOU UN RTM ANT HAM IRV I FB I {itl NOl AMA2ONITE 30IW 16/04 04/05 09/05 06/05 27/05 HYCOMMOOORE3IIE 25/03 28/03 26/03 16/04 UIORK 304W 17/04 08/05
      1,226 words
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      Page 31 Advertisements Column 3
      1027 31 ncywegon specialized autocomers ©sag® MT WML/HSS TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" [vessel vor [ramp height I sin lax |cm mi* sav ial ore myc new mob TALAIOT FSO9 400 Tom 6.3 M 01/0S 25/05 02/06 to/06 08/06 10/06 11/06 12/06 17/06 19/06 TAMPERE FSIO 400 Ton 6.3
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      Page 32 Advertisements Column 1
      699 32 BANQKOK/LAEM CHABANO JAKARTA/PANJANO VESSEL VQY SIN li<K LCH VESSEL VOY SIN JKT PJN SLIP* BHUM 03N In Pt 19/04 MATHU BHUM ***** ~ln Pt 18/04 ANAN BHUM 101N 18/04 22/04 MATHU BHUM 362S In Pt 18/04 CHANA BHUM 14N 19/04 22/04 22/04 GURU BHUM' 74S 18/04 21/04 ACX JADE 18N
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      Page 32 Advertisements Column 2
      412 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD. SINGAPORE 0206 TEL *****68 FAX: *****64 TLX R*****5 SINMER CR No: **********0W Receiving Cargo at PTI I Blntulu I I Muara ma voy sin im YESSa vol sin iu* lldort V9005/E2l 72/04 78/04 MGold V9807E Inpt 17/04 22/04 I Sera V9IOK ft
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      Page 32 Advertisements Column 3
      650 32 A ACCORD MM SHIPPING PTE LTD 111: 5663 '13 (40 Unti) FAX *****30 ntj guUK (OJ) WlOOl W DIRECT ACCESS TIL *****55 (EXPORT ROOKING) nUR GUOAHC (07) jit I J/7 *****34 (EXPOUT DOC), *****39 (IMPOST) mm*44. URL:HTTP://WWW.ACCORD.COM.SG MUUtTi (11)040 07/0 *°*T m SIM ~H)W ITA SIM EOKT EM $IH POKT
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      Page 32 Advertisements Column 4
      186 32 #09-00 NEHSONS BUILDING 24 PECK SEAH STREET SINGAPORE *****4 CK NO: 1096M*****W BOOKING/ENQUIRIES TEL: 323 1133 FAX; 221 4053 TLX; R*****0 FSSHIP VESSEL VOY SIN ETA SIN ETD DESTINATION AGEL 05/98 16/04 18/04 PLAJU/PALEMBANG SUN PRIDE) 03/98 16/04 18/04 PONTIANAK/SINTETE AGEL 05/98 16/04 18/04 BENGKULU/PADANG NEE DIAKI 07/98 IN PORT
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      Page 33 Advertisements Column 1
      380 33 INDQNESIANATioNAnN^I TO EUROPE I EXPRESS SEMI-CONTAINERISED SERVICE VSI »0T I SPORE IA OOM/H DAM N lURG tfIEMEN ANTWERP VESSEL 15/05 19/ PS OMIT 23/05 TO AUSTRALIA FULL CONTAINER SERVICE va vor m m sro mii wm km. mt AUST EWCTWBt VI3S |r«HO*| tMH 1704 2004 2MM Vllf 01 CAPCLiA VttS
      380 words
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      Page 33 Advertisements Column 2
      1013 33 ADVANCE CONTAINER LINES (PTE) LTD —A 140 Cecil Street, *12-00, PIL Building. Singapore *****0 LZ TEL: *****21, FAX *****19. TELEX :RS ***** ACLPL ——CR NO. **********0E OPERATIONS: *****60. *****05 BANOKOK JAKARTA (Weekly S Slgt PAT/2 Slgt LCH/1 Slg IMT/SGZ) (S Sailings/Wort} vtsstL voy T w ikk «ssa voy ""Sn"" 1
      1,013 words
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      Page 33 Advertisements Column 3
      773 33 VESSELS VOY fa* L£H THP RTM T ZEE VILLE D'AQUARIUS U2SW 21/04 29W OVOS 1(V06 m» 13/06 1306 14^6~ VK-LE DE ANTARES L2SW 2&Q* 06/06 11/06 17/08 18/06 aVQ6 ~~2M)6 21/06 VK-LE OE VIRGO S2SW (MAS IVO6 IMB 24/06 2S/06 27/06 27/06 jjjw VMJ-E DE NORMA N2SW 12A» 20*06 2SQ6
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      Page 36 Advertisements Column 1
      53 36 To retrieve more schedules, just follow these simple steps... document gu&\ 740-6000^^^/"^ te P be faxed M PrCSS r O Select the port \Enter your Step key in the four number /y #S digit code Key in your Example: ,—l—, fax number To NEW YORK (NYC) 2275 for calls within
      53 words
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      132 39 T "I-" 100E LEGEND R Thunderstorm Temperature «q 7 Shower Weother Wind tkrection with speed ,n knots Rom J Cloudy Sky Wove height Surface w,ndi ore indrfoted by orrows which fly with the wind W One Ml circle represents cokn or light ond vonoble wmds One holt fleche represents 5
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      61 40 OFFICIAL ANNOUNCEMENT Notice is hereby given to all shippers/parties concerned that all shipments of cargoes bound to GABON, CONGO, CAMEROON must be accompanied by a waiver issued by the official representative of the respective National Shipper's Council. Kindly address all requests as from 16/4/98 to: AHLERS ASIA PTE LTD. 2
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