The Business Times, 28 January 1999

Microfilm: NL21374
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 MITA (P) 04^12^8 85* THE BUSINESS TIMES SINGAPORE Internet http://business-times.asial.com.sg/ THURSDAY, JANUARY 28,1999
    13 words
  • Article
    MARKET SUMMARY
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  • Article
    FINANCE
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  • Article
    Car population down for Ist time since '85 recession
    576 1  -  More old vehicles scrapped last year, deregistrations of newer cars also up Byy Christopher Tan [SINGAPORE] Despite rising car sales last year, the car population in Singapore still fell for the first time since the 196S recession a sign some motor
    576 words
  • Article
    Dr M to set up independent probe on Anwar's black eye
    514 1  -  PM backs down on plans to kike tolls on some highways From. Rath Wong in Kuala Lumpur BOWING to public pressure, Malaysian Prime Minister Mahathir Mohamad yesterday announced that the government will set up an Independent commission to Investigate
    514 words
  • Article
    Stanchart selling its $1.1b regional car loans business
    445 1  -  Several Singapore financial institutions are in the hunt By< Conrad Raj [SINGAPORE] Standard Chartered pic is selling its regional car loans business estimated to be worth some $1.1 billion and several bids have come in from local financial institutions. The business, covering
    445 words
  • Article, Illustration
    Lock icon An urban gallery
    61 1 {SINGAPORE] This is the place to be if you are at all interested in thepast and, future qf urban development in Singapore. > Opened by National Development Minister UmHngKkmg yesterday, the $42 million URA Gallery is a permanent exhibition centre in the Urban Redevelopment Authority's new home—the
    ARTHUR LEE  -  61 words
  • Article
    China has no reason to devalue yuan: central bank chief
    923 1  -  Mm will not benefit mainland or the region, he says From* Quak Hiang Whai in Hongkong IN the most detailed explanation of China's stand on a yuan devaluation following international market volatility this week, central bank governor Dai Xianglong yesterday
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      125 1 MMSimkm The Monetary Authority of Singapore is reviewing hanking disclosure laws in relation to securttisatkm activities by financial institutions, Andrew Khoo, senior deputy director of MAS' financial supervision group, said yesterday, ParS 'iS) SembCorp Logistics, to be formed when Logistics merge to March, will writeoff areas, says its president designate,
      125 words
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      50 1 ■FuffftpOft,PgT2 Toll road politics HB When the government is threatened, it will act in a populist way and we will do something at the expense of the country. 9 —ur Manouiir on wny mo m ran govsmfnont ywiOM to pubNc pressure and rvducad road toll httwa Full report, Pg 6
      50 words
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      Page 1 Advertisements Column 3
      143 1 Free with today's BT. Don't miss this 10-page Frequent Flyer Special. V£- W "v. _S? J Formerly a military secret. Finally available to a select few. -*7/ "V > TM OFFICINE PANERAI WHERE IDEAS COME TO LIFE. *> 4 Italian oam ixciujnci am swim ncmmMiui «ivt timi uimivallad porn and
      143 words
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      Page 1 Advertisements Column 4
      20 1 Ammtymtammmitogetused to press pluralism, Jfc 4 Pmhrtiwi liiiii to smooth other reforms, Pg 4 Full text of speech, Pg 4
      20 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      MAS reviews bank disclosure laws on securitisation
      474 2  -  Secrecy laws make it hard for banks to issue securities Imkfd by mortgages By' Wong Wei Kong THE Monetary Authority of Singapore is reviewing banking disclosure laws in relation to securitisation activities by financial institutions, Andrew Khoo, senior deputy director of MAS' financial
      474 words
    • Article
      GE Cap paying a premium for its $300 m bond issue
      593 2  -  It's first foreign corporate bond here since easing of rules By Louis Beokerling UNITED States financial services group GE Capital will pay a premium for its pioneering $900 million bond issue launched in Singapore yesterday but says this is
      593 words
    • Article, Illustration
      Lock icon Economy may be stabilising
      313 2  -  E7E ON TBE ECONOMY Outlook By, Anna Teo DESPITE a poor showing, the December trade data continues to suggest stabilisation in the domestic economy, though uncertain global demand and overcapacity in the electronics industry remain key risks for exports, says J P Mor- gan. Though down
      Source: JP Morgan  -  313 words
    • Article, Illustration
      Lock icon Chevron Chemical plans to double plant capacity
      524 2  -  Jurong Island facility will be its largest worldwide By\ Ronnie Lim US-BASED Chevron Chemical, which has just started commercial production at its US$2l5 million (*****.7 million) fuel and lubricant additives plant here this month, plans to double the Singapore plant's capacity in the
      CHRIS LOH  -  524 words
    • Article, Illustration
      Habitat to launch 24 Century Woods houses this weekend
      397 2  -  By David Boey CHEERED on by the recent sell-out success of cluster housing units at Summer Gardens, Habitat Properties will sell 24 houses at its 99unit Century Woods development in Woodlands this weekend. Ivy Lee, senior associate director with SML Real
      397 words
    • Article
      URA Gallery traces urban growth in S'pore
      342 2  -  By i Corinne Kerk THE $4.2 million URA Gallery, which traces Singapore's urban development and future plans, officially opened yesterday in the Urban Redevelopment Authority's new home the $118.9 million URA Centre in Maxwell Road. The 1,400 sq m, two-storey gallery is a
      342 words
    • Article
      SingTel cuts ISDN rates by up to 44% to bolster demand
      488 3  -  Bid to quadruple ISDN subscribers, doable revenues within a year Reports by 1 Teh Hooi Ling SINGAPORE Telecommunications Ltd is cutting the rates of its Integrated Services Digital Network (ISDN) used for high-speed digital transfer of voice, data and
      488 words
    • Article
      SMEs urged to join hands to tackle food industry woes
      309 3  -  High costs, labour shortage, imports hurt industry: SFMA By Eugene Low THE food industry is in trouble and its small players should group themselves to tackle the problems they face, a leader of the industry said yesterday. Food manufacturers are
      309 words
    • Article, Illustration
      Lock icon Gillette hopes to boost sales with new razor
      234 3 GILLETTE will roll out its new triple-blade razor here in March with hopes that it will help boost its total sales here by 30 per cent. Gillette Singapore general manager Poong Chun said yesterday that while there would be new products introduced
      SIEW YAW HOONG  -  234 words
    • Article
      M1 to offer fixed/mobile telecoms services
      377 3 MOBILEONE, Singapore's second mobile phone operator, plans to offer fixed/mobile telecommunications services this year. "We will be buying fixed products wholesale and mingling with our mobile products and try and get products and services that appeal to people," Ml chief executive officer Neil Monteflore
      377 words
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      144 2 iKßistrura EXIST I E I II SLEDGERS: I ~W- -<«• n*» t ><■>—. How to ladder 1. Take the initiative whenever the opportunity arises. 2. Never say "impossible" or "can't". Be forever positive. 3. Seek out new challenges and added responsibility. 4. Be forward-thinking and communicate your ideas on how
      144 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      256 3 Introducing a truly AmaZing Lens The New SEIKO Super SV 1.67 AZ m A revolutionary "double aspherical" design creating a lens so thin and vision so clear comfortable and distortion-free, you can actually feel the difference. Amazing but true. A lens in its construction unrivalled superiority that we named rt
      256 words
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  • FEARS OF YUAN DEVALUATION
    • Article, Illustration
      Analysts need to get used to pluralism in China press
      720 4  -  GHXXAWATGH ffhlimim imWlli my h» ■tatttmnrniril trnt tht 1 "T a T "rt Trt irfflrlnl By Lu Ning FOR a time in the mid-80s, the man that everyone in the Chinese Foreign Ministry would try to avoid was the Indian
      720 words
    • Article, Illustration
      Lock icon China's FDI sets new annual high of US$45.6b
      435 4  -  Last year's figure up marginally despite regional crisis By] Lu Ning [SINGAPORE] Annual foreign direct investment (FDI) in China hit a new record of U5545.58 billion (5576.9 billion) last year after registering a marginal rise of 0.67 per cent from the previous
      Source:  -  435 words
    • Article
      Devaluation needed to smooth other reforms: China-watcher
      480 4  -  Asia could lose out ifynanisnot devalued, he says By' Vikram Khanna [SINGAPORE] China "desperately needs to devalue its currency" to enable its banking and state enterprise reforms to proceed smoothly, according to renowned Chi-na-watcher William Overholt, Asian strategist for Nomura International in Hongkong.
      480 words
    • Article, Illustration
      Lock icon Stable fdrex rate stands on firm ground
      1350 4 The following is thefull text of a speech given to reporters in Beijing on Wednesday by People's Bank of China governor Dai Xianglong. CHINA'S financial sector developed with commensurate reforms in 1998 and has played a significant role in accomplishing the economic growth
      REUTERS  -  1,350 words
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon China's central bank chief pledges to restructure Itics
      528 5 Revamp plan being worked out; their total foreign debts no more than US$BJb AFP [BEIJING] Central bank governor Dai Xianglong yesterday pledged to restructure China's international trust and investment corporations (Itics), saying their total foreign debts amounted to no more than UsB.l
      AFP  -  528 words
    • Article, Illustration
      Lock icon Red chips up on Citic Pacific's assurance
      449 5 Bloomberg AFP [HONGKONG] Citic Pacific said it has plenty of cash to repay US$2.7 billion (554.6 billion) debt even as banks cut lending to Chinese firms and helped fuel a rebound in China-backed shares in Hongkong, or red chips. Rumours over its financial
      Bloomberg; AFP  -  449 words
    • Article, Illustration
      Lock icon Korean stocks leap 6.4% in rebound
      271 5 Reuters [SEOUL] South Korean stocks shot up 6.4 per cent yesterday as a rebound led by foreigners and institutional investors was fuelled by rumours that the central bank would reduce interest rates, brokers said. The central bank's denial that it was planning to cut
      Reuters; Source: Bloomberg  -  271 words
    • Article, Illustration
      Lock icon No free hutch? Get a cheap one
      54 5 [TOKYO] A Japanese office worker buying a 'bento' lunch boxfrom a street vendor yesterday as prices are slashed to 400 yen (about Ss6) each late in the lunch hour. Amid an economic recession, many people are trying to conserve their earnings until the
      REUTERS  -  54 words
    • Article
      Lock icon M'sian property slump to drag on: report
      205 5 AFP [KUALA LUMPUR] Malaysia's property market slump is likely to drag on this year, with prices in all segments set to face further pressure amid economic gloom, a consultant group said yesterday. The residential sector will remain the only bright spot, with interest
      AFP  -  205 words
    • Article
      Lock icon Japan's EPA chief sticks to -2.2% economic forecast
      330 5 Mr Yen sees crisis as nearly over, rebound by early next year Bloomberg Reuters [TOKYO] Japan's Economic Planning Agency (EPA) head Taichi Sakaiya reiterated the economy will shrink 2.2 per cent in fiscal 1998, refuting reports that he foresees a worse-than-expected result.
      Bloomberg; Reuters  -  330 words
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      301 5 APEX-MBA (a'poks'em'be'a) abbrv. Asia-Pacific Executive Master Owpowte Spomow: 3M of Business Administration. Origin circa 1997, Singapore. Describes Abac® lit Alcatel the apex of a mountain of MBA programs. Also, (1) the chance ANZGrmdby. to Pause, (2) the luxury to Reflect, (3) the knowledge to Conquer. aZZmT** Bell Helicopter Textron An
      301 words
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  • REGION
    • Article, Illustration
      Lock icon Indonesia says it may let go of E Timor
      588 6 JAKARTA Separation to be suggested if latest autonomy offer is rejected: minister AFP INDONESIA may let go of the troubled territory of East Timor if Jakarta's latest offer of wide-ranging autonomy is rejected by the majority of the population there, a
      AFP; REUTERS  -  588 words
    • Article, Illustration
      Lock icon Wiranto urges Suharto to help: report
      262 6 JAKARTA Reuters INDONESIA'S armed forces chief General Wiranto has asked former President Suharto to use his influence to stop the unrest created by his followers, the Jakarta Post reported yesterday. The message was conveyed to Mr Suharto by Abdurrahman Wahid, leader of the country's
      Reuters; AFP  -  262 words
    • Article
      Lock icon Abri seats in Lower House to fall by half to 38
      345 6 JAKARTA AFXAsia AFP Reuters MILITARY appointees will be allotted 38 seats in the Lower House of Parliament, the People's Representative Council (DPR), armed forces commander General Wiranto said yesterday even as scores of Indonesian students braved heavy rains to
      AFX- Asia; AFP; Reuters  -  345 words
    • Article
      Lock icon HK will stick to schedule on land sale review
      384 6 HONGKONG No early decision from govt despite Li Ka-shing's call to end freeze Bridge News AFP THE Hongkong government won't fast-track a decision on resuming land sales after comments by prominent property tycoon Li Ka-shing on Tuesday urging an end to
      Bridge News; AFP  -  384 words
    • Article
      Dr M bows to pressure, cuts toll rates
      485 6  -  From] Ruth Wong in Kuala Lumpur PUBLIC protests have not only forced the Malaysian government to reduce planned increases in road tolls for some major highways, but also resulted in Prime Minister Mahathir Mohamad ordering a halt on the building of new
      485 words
    • Article
      Tung apologises for HK airport fiasco
      390 6  -  But he still insists no government official should be punished From] Loh Hui Yin in Hongkong BOWING to public dissatisfaction, Chief Executive Tung Chee-hwa has apologised to the people of Hongkong for last year's airport fiasco but still insisted that no government official should
      390 words
    • Article
      No-confidence move against Thai govt will fail: analysts
      348 6  -  Froml Harish Mehta in Bangkok THAILAND'S opposition yesterday launched a two-day no-confidence debate that targets three cabinet ministers but analysts said it would fail to topple the government which enjoys a comfortable majority in Parliament The opposition New Aspiration Party (NAP) launched
      348 words
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      94 6 V Got 01 h Vim ag( GOLD >> CLASS 111 l 111 I IMA 11 MOV 11 IX Pt Kit i*'.l IKA NOW A K KIVI I) IN \IN(,AI'()R|' r "Y? -z 2ft I (u %-C Itnn'jr ,>f fin:,':; ji.niux 1 nl > > a%-''"il-lt i -HI onlyht''(lr -v lil>.
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  • ASIA
    • Article
      A cyber-mall for Asian shoppers
      429 7  -  SINGAPORE Yahoo!, Visa launch shopping gride linked to 200 merchants By 1 Toh Han Shih PEOPLE in Asia can now buy online from cyber-merchants at the Visa Shopping Guide, the first Web-based shopping guide by Visa International and Yahoo! to be targeted at Asia. The
      429 words
    • Article
      Lock icon NZ business confidence shoots up to 4-year high: survey
      232 7 WELLINGTON Overseas markets more robust, interest rates low Bloomberg STRONGER exports propelled New Zealand business confidence to a four-year high in the final quarter of last year, a further sign that the economic recovery may be picking up steam. Companies are
      Bloomberg  -  232 words
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  • THE WORLD
    • Article
      Fed likely to up rates in H2 and roil markets: economist
      632 8  -  SINGAPORE Invesco sees US as overheated, Japan still in a rut, yuan fears overplayed f*y Ven Sreenivasan THE US Federal Reserve will raise interest rates in the second half of this year, sending Wall Street stocks and Asian markets
      632 words
    • Article
      Lock icon IMF must be more accountable: Summers
      396 8 WASHINGTON Reuters THE International Monetary Fund, the agency through which bailout loans for struggling Asian countries and Brazil were arranged, must be more accountable for its use of taxpayers' money, US Deputy Treasury Secretary Lawrence Summers said yesterday. "The global economy has changed greatly
      Reuters  -  396 words
    • Article
      Lock icon Bankers urge nations to give more data
      339 8 WASHINGTON Reuters INTERNATIONAL bankers yesterday urged borrowing countries to provide regular briefings on their problems and prospects to try to prevent new outbreaks of the world's deadly economic flu. The Institute for International Finance, an umbrella organisation of banks and financial institutions, also
      Reuters  -  339 words
    • Article, Illustration
      Lock icon Brazil to have stabilisation package soon: World Bank
      421 8 Bloomberg Reuters [MUNICH] Brazil's government will soon have a package of measures that will help stabilise the economy, stem the decline of Brazil's currency, the real, and win support from international lenders, World Bank president James Wolfensohn said. Brazilian President Fernando Henrique
      Bloomberg; Reuters; AFP  -  421 words
    • Article
      Lock icon Call for target forex rates dropped
      279 8 BONN German govt no longer poshing for target trading zones for US$, yen, euro Bloomberg GERMANY no longer wants to set target trading zones for the US dollar, euro and yen currencies, though it wants more stable exchange rates, the government said. "The federal
      Bloomberg  -  279 words
    • Article
      Lock icon Senate set to vote on witnesses
      316 8 GUMTON IMPEACHMENT TRIAL AFP [WASHINGTON! The US Senate was yesterday set to vote on calling witnesses, including Monica Lewinsky, and requesting testimony from President Bill Clinton himself as the impeachment trial neared a pivotal moment. Senators were first expected to reject a Democraticsponsored motion
      AFP  -  316 words
    • Article
      World Economic Forum goes online, live
      254 8 THE stage is set for another high-powered meeting of the World Economic Forum (WED and this time it's a truly global stage, thanks to the Internet. For the first time, key sessions of this annual meeting of top business and political leaders will be
      254 words
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      569 8 INGRAM MICRO SINGAPORE INC. (Incorporated in the United States of America) UNCONDITIONAL CASH OFFER FOR ELECTRONIC RESOURCES LIMITED (Incorporated in the Republic of Singapore) UNCONDITIONAL CASH OFFER BY STANDARD CHARTERED MERCHANT BANK ASIA LIMITED, FOR AND ON BEHALF OF INGRAM MICRO SINGAPORE INC. (THE "OFFEROR"), TO ACQUIRE ALL THE ISSUED
      569 words
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      Page 8 Advertisements Column 2
      104 8 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
      104 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Low pay a disservice to UK politics
      896 9  -  THE BOTTOMLDIB OPINION By David Mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant in the United. Kingdom. He contributed this article to BT WHILE British Prime Minister Tony Blair
      896 words
    • Article
      IN OTHER WORDS
      84 9 'We in this nation believe in one God, but there are many roads leading to Rome.' -B J Habibie Indonesian president, vowing to fight any attempt to make Indonesia a religious state. 4 I suppose everything is going for her except that she is a woman.' Cory
      84 words
    • Article
      Singapore needs to broaden focus
      721 9 EDITORIAL JUST when sentiment appears to be a little chirpier than it has been in months, along comes a string of reminders to nip in the bud any sense that the Singapore economy might soon be out of the woods. First, Singapore's investment pull. The
      721 words
    • Article, Illustration
      Lock icon IMF may be flawed but it's better than nothing
      921 9  -  Before we throw it out, perhaps we ought to improve it and fond it better to do a necessary job Tom Plate The writer, aLosAngeies Times columnist, also teaches at the University of California, Los Angeles. E-mail TplfittQiirki ftiu WITH dramatic
      FILE PHOTO  -  921 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      1063 9 OOP: the party of crybabioo A CYNIC might say that US President Bill Clinton was exploiting the papal visit to burnish his image. But you could argue that the pope has more to gain: in a year-end Gallup poll, Americans named the president as "most admired"
      1,063 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Asterix takes on Hollywood
      914 10  -  The diminutive Gallic hero hits the US next week in the most expensive French film ever mounted, osnnur waits with bated breath CRISPIAN BALMER Ratters PRANCE'S comic-strip hero Asterix has routed the Romans, built Cleopatra's palace, discovered America and introduced tea to the English. Now he
      Ratters; FILE PHOTO  -  914 words
    • Article, Illustration
      Lock icon Make way for Hingis v Seles
      764 10 AUSTRALIAN OPEN Bimria'i KiMiriki? outwits US' Martin to emerge as the only surviving male seed Reuters [MELBOURNE] Monica Seles and Martina Hingis came out on top yesterday as a quartet of champions battled it out for the last two women's semi-final spots at the
      Reuters; AFP, REUTERS; AFP  -  764 words
    • Article, Illustration
      Lock icon Prize for late Ted Hughes
      510 11 BOOKS Whitbread award for powerful poems on his doomed affair with Sylvia Plath Reuters [LONDON] Poet Ted Hughes was posthumously awarded one of Britain's top literary prizes on Tuesday for the powerful poems about his tragic love for Sylvia Plath. Their daughter Frieda was close
      Reuters; FILE PHOTOS  -  510 words
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      233 10 Where to wine, dine and entertain PO Qv,<' "ty v-> /-NOy-j <pn B uyfw < FitlfmMVfj j 1 V»# .4r .j tCJ f MSf £42*00 i 1 i l"t Jptf JPW®OH» vS? and a chance to win one of two diamond solitaire pendants, courtesy of KM. OH Mohd Jewellers. Boo*
      233 words
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  • Page 11 Advertisements
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      371 11 Where to wine, (fine and (»>&& SSSSSS^SI. from Wf mmivt a U carte faff* MM) tmanm gww «3 (AMI) 0H (GMM) far 4 5 MB Par BHMM, pk«e call 290 8005/299 9011. J- M AT PLAZA RUIKROYAL 7500 A Beadi Road Singapore *****1 Tel: 298 0011 Fa* 292 4359 MwaowLHomsmisoitrs.
      371 words
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      Page 11 Advertisements Column 2
      101 11 it Eg (w $25 KIjINC OUCK DURING THIS MONTH ONLY CHINESE KBBTAUIANT Eetcrvmioni: 831-6262/6 Prkt k mbject m 10% mvkt tbmp mad fmmibmgfm. mm mdmjbtg GSTtt 3% 333 Oidiaid Road, Singapon *****7. Tel: 737 4411 For only $B.Bo* you can enjoy our Daily Set with a soup, main course, dessert
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      870 11 CBYPTIC CROSSWORD 14 Small daughter a nuisance in —LhLhi LmJ mJ 17 Tall, powerful, and very arro- I I III! I po J 19 Men notice data are wrong 27 Skill I found in man is out erf 28 Euphoric with heroin? On one's dignity, here (4,5) 29TimeforAeopposition(5) < 5
      870 words
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  • MOTORING
    • BUMPER to BUMPER
      • Article
        Renault sells 2.13m cars in '98
        76 12 WITH record sales of 2.13 million vehicles in 1996 (up by 300,000 units), Renault of France could well be the top marque in Europe for the first time in 15 years. It posted a one point gain in market share to 11 per cent,
        76 words
      • Article
        Seat sales up 7.2% in '98
        65 12 VOLKSWAGEN-owned Seat of Spain posted a record year in 1906 too, selling 432,000 vehicles, 12 per cent up on 1967. At home, sales rose 19 per cent to 154,000 units, its best result in 20 years. The company expects the same level of success
        65 words
      • Article, Illustration
        Bold design
        126 12 GENERAL Motors unveiled five concept designs at the recent Detroit Motor Show. The Pontiac Aztek is a futuristic front-wheel-driven cross between a sedan, van and sport-utility vehicle (SUV). Next the Buick Cielo represents a targa-style four-door convertible that features voice-activated controls. For the off-duty Swat sniper, there is
        126 words
      • Article
        Mini to hold 40th anniversary blitz
        56 12 THE 40th anniversary of the Mini will be held on Aug 21 at Silverstone, the same venue for its 30th and 3Sth "birthday parties". A foil day of celebrations is being put together. For enthusiasts who can't wait or who can't make it visit
        56 words
      • Article
        Mitsubishi Spacewagoms are favourites
        68 12  -  Coaplled by Christopher Tan THERE was a vagueness in last week's article on the popularity of multi-purpose vehicles (MPVs). In it, we stated that the Mitsubishi Spacewagon Chariot was the most popular MPV, with 466 sold last year. In fact, it was not the Chariot in
        68 words
    • Article, Illustration
      Lock icon COE categories may be merged
      410 12  -  Feedback to review committee favours fewer categories, says Christopher taw CHRISTOPHER TAN THE vehicle quota system review committee will wrap up its final discussions this week, a top official said. And while details will only be made public by March, changes are likely to include
      FILE PHOTO  -  410 words
    • Article
      QAFAuto bags Rover for Brunei
      137 12 [SINGAPORE] QAF Auto, a venture between royaltylinked QAF Brunei and Sin-gapore-based Trans Eurokars, will take over the Rover distributorship in the sultanate. The franchise, which includes Land Rover vehicles, was previously held by Champion Motors Brunei, a subsidiary of listed Inchcape Motors. QAF Brunei and
      137 words
    • Article, Illustration
      Lock icon Honda explores smart-car system here
      609 12  -  All reports by Christopher Tan [SINGAPORE] Honda Motor has embarked on an exploratory mission to see if a futuristic vehicle-sharing system it is developing could be implemented here. A high-level team, which included board member Masaaki Kato, was here earlier this week on a trip
      INTERNET PHOTO  -  609 words
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      Page 12 Advertisements Column 1
      78 12 r LJ v Vv3' ■<*■: •< v"< -o. '.'r;.. v: 1 -—mil f M ---i_. r ai u i- rnmrnmm—mmmmmmtmhm«mmm^mmmmmmmmmmmmmmmmm^mmmmmm+mrnmmmmmmmmfmrnmrnmmm*m■».*—•m—► XI jflHr jV r f t I < 1 N I v I I 1 !V X e 4 pi' J| 4m m m L—r m W 4fe iMtC A
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  • COMPANIES & MARKETS
    • Article, Illustration
      China risk small: S'pore banks
      490 13  -  Some say exposure to Itics minimal as concerns grow over loans to HE, China By\ Siow Li Sen [SINGAPORE] Local banks yesterday said their exposure to China was small, in response to growing concerns that they could be hurt by developments there. Ever since China
      490 words
    • Article, Illustration
      Lock icon SembCorp still riding on PacNet IPO wave
      657 13  -  Analysts see strong demand and debut for IPO in New York By\ Rahita Elias [SINGAPORE] The SembCorp Industries stock yesterday rose 6 per cent to close at $2.39 as investors pile in with expectations of strong demand for its subsidiary Pacific Internet's initial
      Source: Bloomberg  -  657 words
    • Article
      ASX-Sydney Futures Exchange merger may come sooner
      752 13  -  HOCK LOCK SIEW Russell Baker THE expected merger between the Australian Stock Exchange (ASX) and the Sydney Futures Exchange (SFE) looks like it's happening sooner rather than later. Spurred by the huge success of the ASX's demutualisation and public listing, the SFE is
      752 words
    • Article, Illustration
      Lock icon Analysts await clues on Creative's longer-term outlook
      443 13  -  By, Jennifer Lien [SINGAPORE] While strong December-quarter results from Creative Technology this weekend are almost a foregone conclusion, the lon-ger-term outlook for the company is murky. "Visibility beyond the December quarter is low," said Dresdner Kleinwort Benson analyst Janardan Menon, who expects Creative
      FILE PHOTO  -  443 words
    • COMPANIES
      • Article, Illustration
        Lock icon SembCorp Logistics gears up for new take-off
        551 14  -  Byy Jennifer Lien [SINGAPORE] SembCorp Logistics, to be formed when ST Logistics and listed Sembawang Marine Logistics (SML) merge in March, will write off some "underperforming" areas in its 1998 and 1999 results, its president-designate said. The company also sees annual ised overhead
        SIEW YAW HOONG  -  551 words
      • Article
        Lock icon Indocement in talks to sell 'significant' stake
        311 14 Bloomberg Bridge News [JAKARTA] PT Indocement Tunggal Prakarsa, a major Indonesian cement maker controlled by the Salim family, is in talks with Heidelberger Zement AG of Germany, and Lafarge SA of France to sell a "significant" stake, a company official said. "Yes, we
        Bloomberg; Bridge News  -  311 words
      • Article
        Chosen gets green light for IPO
        202 14 [SINGAPORE] Local plastics injection moulder Chosen Holdings Ltd yesterday said it has received the go-ahead from the Stock Exchange of Singapore for a mainboard listing. The Singapore-dollar IPO is slated for mid-February, market sources say. The Chosen group was first set up in 1986,
        202 words
      • Article, Illustration
        Lock icon Dairy Farm to go on S'pore expansion spree
        325 14 [SINGAPORE] Dairy Farm will spend "tens of millions" this year on over 20 new stores here, in the firm's "most intensive ever" expansion programme in Singapore, said lan McClellan, country manager of Dairy Farm International South Asia. Speaking to BT at last
        CHRIS LOH  -  325 words
      • Article
        PCRD in Asian property tie-up
        154 14 (SINGAPORE] Mainboardlisted Pacific Century Regional Developments (PCRD) is forming a joint venture company with a "major financial institution" to invest in Asian properties. Each of the partners will fork out up to US$l5O million (***** million) over three years or a shorter period, and will
        154 words
      • Article
        Amtek buys stake in S'pore firm
        114 14 (SINGAPORE] Amtek Engineering has entered into a shareholders' agreement with Mainland Gold Assets an investment holding company incorporated in the British Virgin Islands to take up a 40 per cent stake in ACPS Investments. Under the agreement, Amtek will subscribe for 800,000 new ACPS
        114 words
      • Article
        Lock icon Bakrie in preliminary pact with creditor group
        265 14 Bloomberg [SINGAPORE] Indonesian group PT Bakrie Brothers said it has reached a preliminary agreement with an informal committee of lenders to restructure US$l.l5 billion (Ssl.9 billion) in debt. Bakrie, which has investments in telecommunications and agricultural plantations, is one of hundreds of Indonesian
        Bloomberg  -  265 words
      • Article
        Lock icon Talk with Hicom on Proton deal still on: Petronas chief
        274 14 Companies trying to work ont price for 27% stake Bloomberg [KUALA LUMPUR) Petroliam Nasional Bhd (Petronas) president Hassan Marican said yesterday that the statecontrolled oil company is discussing the purchase price for a 27 per cent stake in car maker
        Bloomberg  -  274 words
      • Article
        Flextech unit gets pioneer status incentive from EDB
        191 14 It will develop semiconductor equipment {SINGAPORE] Semiconductor Technologies and Instruments Pte Ltd, a whollyowned subsidiary of Flextech Holdings, has been awarded a pioneer status incentive by the Economic Development Board (EDB) for the design and manufacture of ad-vanced-package semiconductor equipment. Mainboard-listed Flextech
        191 words
      • COMPANY Briefs
        • Article
          CPF approves ABN as fund manager
          37 14 [SINGAPORE] The CPF Board said yesterday that ABN Amro Asset Management is now a CPF-approved fund management company. With its addition, CPF members can now invest with 25 fund management firms.
          37 words
        • Article
          Lock icon Multi – Purpose unit renews facility
          134 14 Multi Purpose unit renews facility Reuters [KUALA LUMPUR] A subsidiary of Malaysian financial services and gaming firm Multi-Purpose Holdings has renewed a revolving credit facility at a reduced amount of2Bo million Malaysian ringgit (Ssl24 million) for 12 months. The banks involved are Public Bank, Standard Chartered Bank Malaysia and RHB
          Reuters  -  134 words
        • Article
          Lock icon Pavilion Fund eyes more Thai assets
          105 14 AFX-Asia [BANGKOK] Pavilion Fund, a joint venture of CP Group, Amresco Inc and Koll Capital, plans to invest more than US$l billion (Ssl.7 billion) in distressed assets in Thailand over the next three years, the Nation newspaper quoted Pavilion president Kachom Chiaravanont as saying.
          AFX-Asia  -  105 words
        • Article
          Lock icon SC approves warrant extensions
          94 14 Reuters [KUALA LUMPUR] The Securities Commission has approved extensions to the lifespan of several warrants, including those issued by financial group Raahid Hussain and its associate RHB Capital. Rashid Hussain said its warrant maturing in 2002 would be extended by five years to March 24,2007. RHB
          Reuters  -  94 words
      • Article
        Lock icon Gain from sale of stocks pulls Sony Q3 net up 2%
        698 15 It posts record 112b yen profit as sales dip; yen's rise, lower prices hart margins Bloomberg [TOKYO] Sony Corp said third-quarter earnings rose 1.8 per cent as a one-time gain from stock investments masked a slump in sales at
        Bloomberg  -  698 words
      • Article
        Lock icon Japan Tobacco plans to buy food business from Asahi Chemical
        403 15 It plans to broaden revenue base amid decline in smokers Bloomberg [TOKYO] Japan Tobacco Inc, the nation's only tobacco cfimpany, said it will buy Asahi Chemical Industry Co's food business on July 1 for an amount that has yet to
        Bloomberg  -  403 words
      • Article
        Lock icon Komag's Q4 loss less than forecast on cost cutting, better sales
        209 15 Bloomberg [SAN JOSE, California] Komag Inc, the largest maker of discs for personal computer storage devices, had a smaller-than-expected loss in the fiscal fourth-quarter on cost cutting and demand from PC disk drive makers. The company's loss in the
        Bloomberg  -  209 words
      • Article
        Lock icon Amazon.com sales quadruple to US$2533m but Q4 loss doubles
        313 15 Bloomberg [SEATTLE] Amazon.com Inc said its fourth-quarter loss widened less than expected, while sales almost quadrupled to U*****.9 million (*****.6 million) as more holiday shoppers used its World Wide Web site to buy gifts. The No 1 online book retailer lost
        Bloomberg  -  313 words
      • Article
        Lock icon Ayala Land net seen diving 34.5%
        341 15 Reuters [MANILA] A protracted slump in the property market will weigh on 1998 earnings of Ayala Land Inc, the Philippines' biggest real estate firm, but lower domestic interest rates could bring some relief in 1999, analysts said. Ayala Land's net income for 1998 is
        Reuters  -  341 words
      • Article, Illustration
        Lock icon Compaq beats forecasts with 2.2% rise in Q4 profit
        479 15 Bloomberg LATWP [HOUSTON] Compaq Computer Corp, the second largest computer maker, yesterday reported a 2.2 per cent rise in net earnings for the fourth quarter, beating analysts' predictions as cost cuts helped recently-acquired Digital Equipment Corp add to its earnings. Net
        Bloomberg; LATWP; REUTERS  -  479 words
      • Article
        Lock icon CSC 3rd-qtr profit rises 26%, meets analysts' forecasts
        260 15 Reuters [EL SEGUNDO, California] Computer Sciences Corp (CSC), which has mounted a takeover of mainboard-listed CSA Holdings, met Wall Street's consensus thirdquarter expectations as net profits rose nearly 26 per cent versus 1997's last quarter. In a statement, the No 3 ranked
        Reuters  -  260 words
      • Article
        Lock icon McDonald's, IBM, Xerox join stock splits
        414 15 Investors welcome splits as pointer towards price gains Bloomberg [NEW YORK] McDonald's, IBM and Xerox led a parade of companies announcing stock splits a cosmetic change that investors nonetheless greet as a sign of optimism that share prices are going higher. Microsoft too has
        Bloomberg  -  414 words
    • COMPANIES/FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon JP Morgan to shut down energy trading unit
        416 16 Plans to sell it fail amid commodity slump; 35 jobs hit in US, UK, S'pore Reuters Bloomberg [NEW YORK] JP Morgan Co said on Tuesday that it would close down its energy trading unit after plans to sell it were derailed by
        Reuters; Bloomberg; Source: Bloomberg  -  416 words
      • Article
        Lock icon No room for further cuts in HK rates, says Stanchart
        283 16 AFX-Asia [HONGKONG] Standard Chartered pic does not see any room for further cuts in local interest rates until asset markets "calm down", its executive director Mervyn Davies said. At present, he said, local deposit and prime lending rates are at
        AFX-Asia  -  283 words
      • Article, Illustration
        Lock icon A reflection of change in the Mirror
        108 16 [LONDON] John Allwood (right), the new chief executive of the Mirror Group pic, publisher of the Daily Mirror and Sunday Mirror, on Tuesday leaving the city with group chairman Victor Blank. Former chief executive David Montgomery resigned on Tuesday after Mirror's stocks had
        REUTERS  -  108 words
      • Article
        Lock icon HSBC Americas Q4 earnings rise 32%
        409 16 Bloomberg AFX-Asia [LONDON] HSBC Americas Inc said fourth-quarter net income rose 32 per cent because of a US$33 million (5555.4 million) tax settlement and falling costs. It is the US unit of HSBC Holdings pic, Britain's largest bank, HSBC Americas, whose main company is
        Bloomberg; AFX-Asia  -  409 words
      • Article
        Lock icon Warner-Lambert to buy biotech firm Agouron for US$2b
        312 16 NYT [NEW YORK] Warner-Lam-bert Co, one of the hottest drug companies in the industry, announced on Tuesday that it would acquire Agouron Pharmaceuticals Inc, a small San Diego biotechnology concern, for US$2.l billion (553.5 billion) in stock. The deal enables WarnerLambert to
        NYT  -  312 words
      • Article
        S&P rates Bangkok Bank debt as highly speculative
        359 16  -  Bank's credit profile reflects decline in asset quality, it says From Harish Mehta in Bangkok US credit rating agency Standard Poor's yesterday assigned a highly speculativegrade rating of B+ to Bangkok Bank's US$75O million (Ssl.3 billion) debt, reflecting a negative outlook for
        359 words
      • Article
        Lock icon NAB Q1 profit jumps 39%; shares leap to record high
        568 16 It makes more from currency and stock trading Bloomberg [MELBOURNE] National Australia Bank Ltd, the country's biggest bank, said yesterday first-quarter profit rose a better-than-expected 39 per cent, as it earned more money from fees and stock and currency trading.
        Bloomberg  -  568 words
      • Article
        Lock icon US drug makers post healthy growth in Q4 earnings
        495 16 Volume expansion, robust US sales boost bottom lines Reuters [NEW YORK] Merck Co, Schering-Plough Corp and Johnson Johnson met Wall Street fourth-quarter earnings forecasts on Tuesday, with double-digit growth spurred by volume expansion and sizzling US sales of prescription drugs, analysts
        Reuters  -  495 words
    • FINANCE & COMMODITIES
      • Article
        Stable currencies help futures recoup losses
        209 17  -  m Reports Ffffff giwgppftBHI faltot Bob Butcher STABLE regional currencies and optimism from a prominent local analyst helped the stock market and the MSCI Singapore futures recover more of the losses seen earlier in the week. The trading pattern was unusual in that the
        209 words
      • Article
        Futures down on poor economic forecast
        165 17  -  MSCa lUwmn tttares Cecilia Loh THE Simex MSCI Taiwan Stock Index futures plunged one point on panic selling following a report that Taiwan's index of leading economic indicators, which forecast the economic condition over the next three months, fell 0.3 point. Early gains in
        165 words
      • Article
        Lock icon Squeeze on refining margins depresses crude oil prices
        316 17 EMERGY REPORT Reuters [LONDON] Oil prices slipped again yesterday bringing fresh disappointment to oil producers who were hoping an early January rally might signal a recovery from last year's disastrous market slump. Brent dipped 10 cents a barrel to U5510.54, just US$l
        Reuters  -  316 words
      • Article
        Lock icon CURRENCY REPORT
        325 17 Reuters London THE US dollar hastened higher yesterday as fears of a full-blown economic crisis in Brazil eased. The sharp gains also came amid relief the dollar had finally broken recent trading ranges, but traders said it would have to hold above 115 yen in New York for
        Reuters  -  325 words
      • Article, Illustration
        Untitled
        1207 17 mTBKBAMK OOS8 KATBS j a 27 C$ faro Ffr Pw HK$ IndtsNpla* Yen Wm H CSPafcts No S$ taad Sfr «T$ M* Hmi W$ Australia 0.959 6.178 0.548 3.593 1.071 4.889 26.812 58.210 0.719 7.413 2.396 1.173 32.414 24.344 LOU 3.786 0.*****372 ***** 0J81 0.631 Canada 1043 1462 0.571 3.747
        1,207 words
      • Article
        Untitled
        1772 17 SICOM FUTURES Jan 27 IM0CR (Marts cMa«H«tSJQpB) RSS1 CONTRACTS CMb/fcf) CltM VofcMM Opan II, tfc g HORiB ipQo LOW 5ftt (tORMS) RUfVSi iiioo »o M*r 99 116.00 1250 Apr 99 119.50 1)6.50 117.00 125 950 May 99 ***** 25 625 Jw 99 ***** 250 J*/Sap99 128.00 600 RSS 3 CONTRACT
        1,772 words
    • Article, Illustration
      Lock icon HONGKONG
      1282 18 AFP Filling Seng ****** HONGKONG stocks closed up 2.2 per cent yesterday, encouraged by China's renewed pledge to maintain a stable currency and gains on Wall Street overnight. The Hang Seng Index was up 209.83 points to 9,719.66 on turnover of HK54.54 billion. The star performers of the day
      AFP  -  1,282 words
    • Article
      WORLD STOCK MARKETS
      2254 18 LONDON Mwtriils Jaa27 hm 31 Group 623.400 -2.600 AS Port* 261.400 4.400 AtXwy National 1258.360 -49.000 ANiad Oomacq 470.400 5.400 ADM Zurich 911.400 -1600 Aimc 161.200 0.200 Asda Group 156.400 1.400 BAT Ind 617.400 -2.600 BG Pic 376.000 -2.400 B4CC 60.000 -2.000 BOC Group 839.000 6.000 BR
      2,254 words
    • Article, Illustration
      Lock icon CHINA
      533 18 Reuters F1 Shenzhen B Index -MU4 SHENZHEN'S hard currency B shares ended with modest gains yesterday as investors took heart from a renewed pledge from China's Central Bank that it would not devalue the yuan currency, analysts said. The B Share Index edged up 0.14 point, or 0.29 per
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  533 words
    • Article
      Lock icon TAIPEI
      372 18 AFP □wp Index +2123 TAIWAN share prices closed 0.4 per cent higher yesterday on improved sentiment, dealers said. "The rise reflected that people are not so pessimistic after all," said Terry Liu at KG Securities. The Weighted Price Index rose 23.23 points to 6,138.87, following a 1.4 per cent
      AFP  -  372 words
    • Article
      Lock icon TOKYO
      1567 18 AFP PHiktai 825 +MUK JAPANESE share prices edged up 0.5 per cent yesterday following gains on Wall Street, particularly among high-tech issues, brokers said. "Yesterday's gains on Wall Street pushed share prices, particularly those among hightech issues," said Nikko Securities senior market analyst Kazue Mayuzumi. But bank issues were
      AFP  -  1,567 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8454 19 INDUSTRIALS CoiMMf pniidt 1999 Le»t Vol Day M«t Cap Hmi Lew Campany S«H OOP High Ln S«n« 310 292 AjMomoto 300 16.6 121.6 83 73 Angkasa 76 -1 40 78 76 112.1 283 255 Apollo Food Hlg 266 9.3 106.4 204 178 Ber|ayeLand 186 -3 102 N2 186 3.7 1289.4
        8,454 words
      • Article, Illustration
        Lock icon KL shares ease amid lack of fresh leads
        389 19 AFP AFX-Asia CI Composite Index -5.70 MALAYSIAN share prices ended 0.9 per cent lower yesterday in dull trade as investors kept out of the market amid an absence of fresh leads, dealers said. The KLSE Composite Index fell 5.70 points to 605.18.
        AFP; AFX-Asia  -  389 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2050 20 BOMBS, LOANS ft WARRANTS Wt S2-*k Last Vol Day Last Ouot* Avq Hlqh Low Stna Company Sal* ♦or- COOO) Hl*h Loo Buyor Sall*r Prko 205 3 3)60 "Acor ******1 USS 12 unch 26 12 12 12 13.5 35 4.5 3164 Acma ******4 19 *0.5 769 20 18.5 19 19.5 18
        2,050 words
      • Article
        Freight Links wrt appears overpriced
        177 20  -  WARRANT WATCH -By R Sivanithy WE'LL keep our focus on penny warrants since this is the hot segment at the moment and today's feature is the 2002 instrument issued by freight forwarding and logistics firm Freight Links. However, like the AFP warrant which was featured
        177 words
      • Article
        CLOB INTERNATIONAL
        224 20 HONGKONG STOCKS Gf Of 52-Wk Last V04 Day Last Quote Dtv Wv YM Net M Cap High Loo Stno Company Sal* COOO) High Lav Buyer Sewer C »r P/t Smti 5123 CDL (2000) HK 400 8 2.4 2 20.5 7744.7 5124 Cathay Pac 20c HK_. 720 265 2.1
        224 words
      • Article, Illustration
        Lock icon JAKARTA
        707 20 AFP F1 Composite Index +12J0 INDONESIAN shares rose three per cent yesterday in line with regional markets following China's assurance it will not devalue the yuan, dealers said. An analyst with Mitra Dutasekuritas said gains were basically boosted by stateowned companies, including telephone monopoly Telkom, satellite operator Indosat and
        AFP  -  707 words
      • Article, Illustration
        Lock icon BANGKOK
        783 20 AFP |H[SiT Index +&48 THAI shares rose 1.8 per cent at the close yesterday in quiet trade dominated by speculative bargain hunting in banks and finance stocks, dealers said. Dealers said the market got off to a slow start, with investors hesitant about the opening of a parliamentary censure
        AFP  -  783 words
      • Article
        Lock icon MANILA
        318 20 AFP Q Manila +11.74 PHILIPPINE share prices rose 0.6 per cent yesterday following assurances that China would not devalue its currency. A rebound in Philippine Long Distance Telephone Co, which rose 25 pesos to 860 pesos, also lifted the market. The Composite Index gained 11.74 points to close at
        AFP  -  318 words
      • Article
        Lock icon SEOUL
        379 20 AFP |H| Composite Indei *33J7 SOUTH Korean share prices surged 6.4 per cent yesterday in a technical rebound supported by foreign buying following recent losses, dealers said. Helping the market were stronger futures and rumours that the central bank was considering lowering money market rates. The Composite Index closed
        AFP  -  379 words
      • Article
        Lock icon SYDNEY
        585 20 AFP PI All Ordinaries -*-2X50 AUSTRALIAN share prices closed up 0.8 per cent yesterday, brokers said. The All Ordinaries Index closed at 2,851.4, up 23.5 points. The All Industrials Index finished up 49.3 points at 5,162.9 while the All Resources ended the day 0.5 point higher at 950.5. Volume
        AFP  -  585 words
      • Article
        Lock icon WELLINGTON
        260 20 AFP ClWeDiiigton -13.72 NEW Zealand shares closed down 0.6 per cent yesterday on late selling, dealers said. The NZSE-40 Capital Index fell 13.72 points to 2,165.58. Turnover totalled NZ$l4B.BO million. Share prices tracked higher on stronger overseas markets before a flurry of selling saw stocks drift off. AFP JwIT
        AFP  -  260 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6751 21 Transaction dall-: Jan 27 Or Or M W« 92-Wk l«t Vol Day Lilt Ouota Otv Dlv VM N«t Cap Ava Law St No Company Solo COOP) Hljfc Low Boytr Sollor H C'vr Pit >m« Prtca MllLThMDUSTRY 142 17.5 m t 1000 Acma 50c 74.5
      6,751 words
    • Article
      SESDAQ
      1286 21 Qf Q t M Wt 52-Wk Lilt Vol Day Lait Ouota Div Mv YM Nat Cap Am L— StNo Company Sala COOO) High Law Buyar Sa—r C'» P/t SmHPrka MAMffACTURINR 243 30 2049 AS Auto tOc 105 *4 1453 109 103 104 105 15 N 7 14 9.9 119.9
      1,286 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        393 22 Stefa SembCorpI 25c 15,775,000 STEnqgWc 12,772,000 S Coffewnix 5c 9,575,000 06S Land 8,289,000 S4fX)«tron 20c 6,916.000 Flextech Wt02 5,947,000 SingTel 15c 4,893,000 DBS Foreign 4,735,000 KepTatLee Bank 4,611,000 Keppei LindWOO 4,544,000 Stocks i DBS Foreign 61,417,771 SemtoCorpI 25c 37,001,506 0C8C Foreign 21,363,668 STEnggKk 20,573,174 DBS Land 19.760,119 UOB Foreign 17,323,566
        393 words
      • Article, Illustration
        Bank stocks lead as STI stages another rebound
        618 22  -  Wall St, dip in interbank rates spur market bnt cantion remains; penny warrants still in play STOCK MARKET COMMENTARY By R Sivanithy A WALL Street rally and a dip in interbank rates to below 2 per cent sent local stocks soaring for
        618 words
      • ON THE GRAPEVINE
        • Article
          Chevron's no-frills affair
          89 22 NO VIPs or grand ceremonies—that was the formula for an Asian-crisis, cost-cutting plant opening yesterday, when US-based Chevron Chemical launched its US$2l5 million (*****.2 million) additives plant on Jurong Island. "You may notice that today's event is a bit more modest than the usual sort of grand
          89 words
        • Article
          You've got what?
          131 22 AS competition gets ever stififer, companies find themselves having to be more creative in their marketing. For instance, some pay to have their products featured in a movie. An increasingly popular spin-off of that strategy, at least in Singapore, is for the company's local arm to sponsor
          131 words
        • Article
          Much ado about air
          99 22 COMPETITION between Singapore Telecom and Star Hub has begun, even though the latter is not due to start operation for another year. Star Hub is demonstrating its advanced cable-blowing technique to the press today. It says it is the first company in Singapore to do this
          99 words
        • Article
          Flight bargains on the Net
          121 22 LUFTHANSA'S novel Internet auction of air tickets could be repeated some time in the future, said a spokesperson last night. We suggest readers keep a close look-out for the exercise, which delivered some great bargains few the first time around. Held concurrently in Singapore, Bangkok
          121 words
      • Article, Illustration
        HOT STOCK
        67 22  -  By Wong Wei Kong THE shares of Super Coffeemix Manufacturing closed up $0.03 at $0.39 yesterday on a volume of 9.58 million shares, against its 10-day traded average of 7.28 million units. The daily and weekly RSI, Stochastics and MACD charts are mixed. The stock rose after a
        67 words
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      209 words
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      101 18 NOTICE IS HEREBY GIVEN that I, CHAN KENG SOON of 141, Carptnael Road, Singapore *****7, have applied for a Ist Class Public House licence in respect of M/sTe Quiero Pte Ltd located at 2/2 A, Lorong Mambong Singapore *****1, and that this application will be considered by the Liquors Licensing
      101 words
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      Page 18 Advertisements Column 2
      111 18 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that. I LOW YAT SUN of Blk 538 Hougang Street 52. #02-86, Singapore *****8, have applied for a Public House, First Class Licence in respect of M/s Seafood Junction Franchise Pte Ltd located at 257, Changi Road, Singapore *****6, and that this application
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      104 18 NOTICE IS HEREBY GIVEN that I, GOH SOON CHAI of Blk 210 Serangoon Central *09-258 Singapore *****0, have applied for a Public House, First Class Licence in respect of M/s Hotel 81 Gold located at No 20 Lorong 20 Geylang Singapore *****8, and that this application will be considered by
      104 words
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      Page 18 Advertisements Column 4
      106 18 NOTICE IS HEREBY GIVEN that I, WONG LIANG WEI of Blk 44 Lengkok Bahru #01-215 Singapore *****4, have applied for a Public House, First Class (Extended) Licence in respect of M/s Nelle's Tavern located at 14 Scotts Road, #04-32 Far East Plaza Singapore *****3, and that this application will be
      106 words
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      105 20 NOTICE IS HEREBY GIVEN that I, SIM YEW HOCK of Blk 638 Woodlands Ring Road *11-49, Singapore *****8, have applied for a Public House, First Class Licence in respect of M/s Hotel 81 Star located at No. 31 Lorong 18 Geylang, Singapore *****8, and that this application will be considered
      105 words
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      Page 20 Advertisements Column 2
      104 20 NOTICE IS HEREBY GIVEN that I, GOH HOCK ANN of Blk 51 Chai Chee Street #13-302 Singapore *****1, have applied for a Public House, First Class Licence in respect of M/s Hotel 81 Princess located at N0.21 Lorong 12 Geylang, Singapore *****1, and that this application will be considered by
      104 words
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      Page 20 Advertisements Column 3
      106 20 NOTICE IS HEREBY GIVEN that I, TAN LAY SUAN of Blk 102 Pasir Ris St 12 *12-47 Singapore *****2, have applied for a Beer House Ist Class licence in respect of M/s Hong En Seafood Restaurant located at 697 East Coast Road, Singapore *****0, and that this application will be
      106 words
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      Page 20 Advertisements Column 4
      109 20 NOTICE IS HEREBY GIVEN that I, ROSEMARY TANG KHEOK HWA of 92 Seletar Hills Drive Singapore *****8, have applied for a Public House, First Class Licence in respect of M/s Euro's Fine Foods (International) Pte Ltd located at 160 Orchard Road *01-14/17, Orchard Point Singapore *****2, and that this application
      109 words
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      64 21 Sole Distributor Main Service Centre: I THE SWATCH GROUP SEA <S> PTK LTD I fWfjkf\ f\ mjr T 438 A Alexandra Road *05-03/04 Alexandra Technopark I (111 Vwftl I T f 2,| l\l ij*U Singapore *****7 Tel: *****88 Fax: *****96 XJ VJlll "jO (Ladies! R«fNo. UM4.756 ||/VIV/C V I LCI
      64 words
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      350 22 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I, CHIA CHEOK CHOONG of Blk 678, Hougang Ave 8 #01-517 Singapore *****8, have applied for a Retail Beer Shop Licence in respect of M/s Xie International Pte Ltd located at Blk 678, Hougang
      350 words
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      334 22 Want to get the best trading ideas? Call DBS Investor Online at 438-1188 gj| )[SSBANK NOTICE IS HEREBY GIVEN that I, SIK HING of Blk 126, Serangoon North Ave 1, #07-71, Singapore *****6, have applied for a Public House 2nd Class Licence in respect of M/s Yanagi Japanese Restaurant located
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      Page 22 Advertisements Column 3
      212 22 NOTICE IS HEREBY GIVEN that, I, PHUA SWEE AIK of Blk 726 #09-63 Yishun Street 71 Singapore *****6, have applied for a Ist Class Beer House License in respect of M/s Yu Lai Restaurant located at 22 Jalan Tampang Singapore *****6, and that this application will be considered by the
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      Page 22 Advertisements Column 4
      600 22 IN THE MATTER OF THE COMPANIES ACT, CAP.S# AND IN THE MATTES OF CABLE WATER SKIING (ASIA) PTE LTD (In Cred Mors' Voluntary Liquidation) At the General Meeting of the Members and of the Creditors of the company held at 149 Rochor Road *05-07, Fu Lu Shou Complex. Singapore *****5
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      Page 22 Advertisements Column 5
      144 22 r W THE MATTER OF THE COMPANES ACT, CAP 50 AND IN THE MATTER OF AXTRAM MA PTI LTD (In Credßora'Voluntary Liquidation) MnajejßMmi og-iia—una NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting <* the Company duly convened and held on the 22nd day ol January 1999. it was resolved
      144 words
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  • FREQUENT FLYER SPECIAL
    • Article, Illustration
      Lock icon Free to fly
      507 23  -  By Rahita Elias ®By Rahita Elias HE battle for passengers is hotting up as airlines fight for a larger slice of the pie in the skies. Even as carriers extend their network and improve services and facilities onboard and on the ground, they are also working hard
      Design By: Ben Cruz  -  507 words
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      Lock icon SIA woos travellers with KrisFlyer
      1266 23  -  The airline's new scheme is certainly a cnt above Passages as it caters also to economy class passengers By: Rahita Elias KRISFLYER, Singapore Airlines' (SIA) new frequent flyer programme, opens to the traveller a whole new world of privileges. From Feb 1, its members can
      ARTHUR LEE; FILE PHOTO  -  1,266 words
    • Article, Illustration
      It pays to fly the friendly skies
      827 24  -  United Airlines' Mileage Pins has over 25 million members which account for more than USsBb of the carrier's annual revenue of US$l4 billion By Bill Byrne The writer is United Airlines 'general manager in Singapore UNITED Airlines' frequent flyer programme, among the world's
      827 words
    • Article
      Star Alliance attracts more members
      231 24 THE Star Alliance, formed on May 14, 1997, is the airline world's largest international alliance. Its founder members are United Airlines of the US, Lufthansa of Germany, Scandinavian Airlines System, Air Canada, Thai Airways and Varig of Brazil. The alliance aims to coordinate mutual flights
      231 words
    • Article, Illustration
      Lock icon Cathay Pacific switches to a global focus
      985 26  -  Its Asia Miles scheme takes advantage of the airline's membership in the oneworld alliance By Rahita Elias WITH the demise of the Passages frequent flyer programme (FFP) this month, Cathay Pacific Airways has come up with its own product capitalising on its membership
      ARTHUR LEE  -  985 words
    • Article
      Lock icon Oneworld sees customers as No 1
      218 26 NYT LAUNCHED in September last year, the oneworld alliance is aimed at providing better service to the customers of the airlines involved. Its cast of founding members comprises five major international carriers British Airways, American Airlines, Canadian Airlines, Cathay Pacific Airways and Qantas Airways.
      NYT  -  218 words
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      Lock icon Generous perks in Northwest's revamped scheme
      1007 26  -  It launches an upgraded World Perks scheme to provide better service to members Rahita Elias NORTHWEST Airlines heralded the new year with the relaunch of its enhanced version of World Perks, which now lays claim to being Asia's most generous airline loyalty programme. In
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      Lock icon Ames members earn mileage as they spend
      669 29  -  Card company offers two rewards schemes that members can choose from, depending on whether they travel frequently or not By. Anthony Lee The writer is country manager head, consumer services group, American Express International Inc YOU'VE seen them offered everywhere, from restaurants to
      FILE PHOTOS  -  669 words
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      Getting the most out of a rewards scheme
      439 29 THE frequent flyer programme is meant to be a loyalty programme encouraging repeat business, so it is important to note that it is not meant to get cardmembers to overspend. In that light, we offer some pointers here on how to make
      439 words
    • Article, Illustration
      Lock icon Air NZ sees its fixture in Star Alliance
      716 29  -  Tie-up seen as a tool for the carrier to compete regionally gtui global reach By Rahita Elias NO one, it seems, believes more in the power of powerful Mends than Air New Zealand. In April, it will join the airline industry's largest
      FILE PHOTOS  -  716 words
    • Article
      Lock icon ANA links its FFP with 3 other carriers
      212 29 KnightRidder [TOKYOI Japan's All Nippon Airways Co (ANA) said yesterday that from this April it is linking up its frequent flyer programme (FFP) with that of Scandinavian Airline System, Air Canada and British Midland. Through the cooperation ANA's 3.2 million "ANA Mileage
      Knight- Ridder  -  212 words
    • Article, Illustration
      Lock icon Key to picking a loyalty scheme
      1169 31  -  w Rahita Elias YOU look at the ads and you think: "Hey, this is a good deal. I can get a free ticket, if I fly with ABC airline often enough. ifNot only that, I can use my credit card to .earn points that
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    • Article
      UOB offers KrisFlyer to card members
      477 31  -  It sees tie-up with an airline FFP as a means of giving valne-added service '4feC Rahita Elias THE UNITED Overseas Bank has become the first of the Big Four Singapore banks to join the frequent flyer game. It has tied up with Singapore Airlines'
      477 words
    • Article, Illustration
      All my bags are packed...
      428 31 JMS ■»&■>> W" 1 «nppp««p" P<«> .juipp Wjaf tf& different frequent tiyer programmes have to offer t 4 j>,..v ••a- 'J*£ m airline Cathay Pacific A Northwest Slngapora Airlines United Airlines PROGRAMME AataMHw WortdPtrla KrisFlysr Mileage Plus -i— —rt Lyp rZ tt" HOW .TO EAfWMILES
      428 words
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      70 23 Page Itoo: Loyalty pays off in United Airlines' award-winning FFP Genesis of the world's largest airline alliance Plfl6 Four Cathay Pacific launches new programme with global reach Northwest revamps scheme to offer generous perks Page Seven: How Amex members are shopping for air miles on the ground Air New Zealand
      70 words
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      74 24 HKP* Wl 2;r' -$4* 4? <^^}^^ S P accumulate mfles than any o<herfrequert flyer Put it together with the most 7475, our new United Business** seat, freshest on-board air and over 250 worldwide destinations, and you'H understand why people who fly for a Mving fly United. K-V-I ;.y" > %s*»
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      31 25 v ;.> J§| Somebody's going to love you tor joining Asia Miles. JL- x i cr p ml W&VMMIaw r. »f* X \'j r i W '^^k.v" ®j wF I?;- '.-?-.v'i'. lr -%«.-<-
      31 words
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      444 27 I mj* J*' V 'C I Join Asia Pacific's most generous mileage program and find out how we've made it even more tempting. Miles that never expire £0% As if our WorldPerks* program didn't have enough m to offer, we've added a rather impressive collection Improved elite programs of benefits.
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      156 30 As Ml grows bigger, our roaming services seem to make the world smaller. With 102 networks, 72 countries and every major city worldwide covered, the sun never sets on Ml. A st a 'Azerbaijan Bahrain Belgium Brunei Bulgaria Canada Cambodia China Croatia Cyprus Czech Republic Denmark wL AA I Gibraltar
      156 words
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      184 32 |ra JOIN KRISFLYER NOW AND YOU COULD BE A WINNER IN OUR 1,000,600 MILE DRAW.* Join KrisFlyer by 28 February, 1999, and every time you fly Singapore Airlines between renowned partners airlines, hotels, credit and charge 1 February and 30 June, 1999, you stand a chance to win in our
      184 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      287 33 Bridge News Reuters THERE was a lot of talk about rates on the US Gulf to Japan route with brokers saying rates on concluded business were actually lower than reported, but confirmation remained sorely lacking. TAMKBft Trading was buoyant for Mediterranean Suezmaxes with rates for Black Sea loaders
      Bridge News; Reuters  -  287 words
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      MARITIME STOCKS
      223 33 cwTowrth«*_ase *0.029 so oiuanHup__a9S9 *0.01 25 Coko tnv*«tm«n( .090 unct) a SfKSr—S-OJS SS2J2fcn355 IMC __HK 5.60 ■MytNoMtop OS1S *OlOS 12 Jurona SNpyard 7.00 -0.05 179 ;W"C«rp 412 *0.06 2300 KapprtrtLS XOO -0.04 IM KappalMarta* 1.85 *0M 241 NmT* 141 +0.07 470 latrorMarin* U2 *0.01 1 Matatock 0.52 *0.02
      223 words
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      Lock icon Do more for straits safely, Japan urges user nations
      684 33  -  More must be involved in Malacca/S'pore straits' problem: Tokyo adviser By Marcus Hand [SINGAPORE] Countries other than Japan, whose ships transit the Straits of Malacca, should take responsibility for navigational safety and oil spill response services, a senior Japanese official said
      SIEW YAW HOONG  -  684 words
    • Article
      Lock icon Hanjin Shipping sets US$3.15b sales target
      109 33 Reuters [SEOUL] South Korea's Hanjin Shipping Co Ltd said yesterday it had set a sales target of US$3.l5 billion (555.2 billion) this year, up 5 per cent from last year's estimate of US$3.O billion. Hanjin said in a statement it aims to transport 2.0
      Reuters  -  109 words
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      Protectionism not the answer to European yards' problems
      760 33  -  MEWEUILDS By\ David Hughes IT is more than slightly ironic that, at a time when European shipbuilders are crying foul over the low level of newbuilding prices in South Korea, this week's newbuilding order list is stuffed full of expensive vessels to
      760 words
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      Lock icon Tanker crew to plead innocent in oil spill case
      300 33 Crew charged with discharging bunker fuel oil as ship left San Francisco Reuters [SAN FRANCISCO] Two senior crew members from a Liberian tanker charged with causing an oil spill off the California coast are returning voluntarily to the United States to
      Reuters  -  300 words
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      Lock icon Caribbean most popular cruise spot for Americans
      369 33 NYT [NEW YORK] The Caribbean, including Bermuda, remains the most popular cruise destination, attracting 46.2 per cent of the US market. But its share has fallen from 50.5 per cent in 1996, in part because the industry has expanded its range and itineraries,
      NYT  -  369 words
    • Article
      Lock icon 14 stowaways found in cargo ship in Kobe port
      112 33 Reuters [TOKYO] Port officials discovered 14 people hidden in a container aboard a Chinese cargo ship docked in the central Japan port of Kobe on Tuesday, an official at the Maritime Safety Agency said. The nine men and five women, all
      Reuters  -  112 words
    • Article, Illustration
      Lock icon Adapting to business needs
      852 34  -  TRANSPORT INDUSTRY Transport and logistics providers now offer 'value-added' services enhanced by the Internet and new technology By\ David Smith The writer is director, strategy alliances—Asia, FedEx AS new technology alters all aspects of the way business is done, so support services such as transportation have
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      SHIPPING SCHEDULES INDEX
      230 34 PAGE Dongnama 3 ACL 6 E CU Line 6 ANL 3 ECL 5 Accord 8 Ewr 6 Appenship 5 F00n9Sun 8 Austral 8 GL,nk 4 Baiaji Shpg 4 Gefflartran$ 8 HaiSunHup 8 rutins CCM 7 5 CM M W 4 Hyundai 7 C0SC 5 ICFS 3 CSAV
      230 words
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      SHIPPING GUIDE
      18057 41 THEBUSINESSTIMES EXPORT ETA ETA Advertiser VhsU Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number MMMNMNMMNMMMNNMNNMMMMnMNMNMMMNMMMMMMMNMNI To BUENAVENTURA (BUN) 2059 Colombia To ABIDJAN (ABJ) 2003 Coto D'lvolrt 04/02 zm3 cians a estoril esto*j/va v whsb 45-*****34 13/02
      18,057 words
    • SHIPS IN PORT
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        CONVENTIONAL WHARVES
        675 45 VtsstJ Voy No Brth Arrival Dqwrturt Bt Alfvan *****9 J01 alongside 27.01/1400 Bt Citradaya *****9 J01 alongside 29.01/0800 Bt Mur *****9 J01 alongside 28.01/0615 Bt Sejati *****9 J01 alongside 28.01/0400 Eiottc Dotph 02* J03 alongside 27.01/1400 Goidenfakon 01 JM alongside 04.02/0800 Hms Premium *****P JU alongside 27.01/0700 JupiterUgM
        675 words
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        CONTAINER SCHEDULES
        1687 45 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO BooMno/Balanct Rstls SMp VoyNo Etb/Btr Pork* Fro* To frow Aci Mmill 0064 30/1500 M 27/1500 VMS* n/BOO 0 27/HOO 27/MSt n/BOO 2A 2T/170C 21*151 21*100 21 fr/1700 21/0*99 2t/0»00 21/0700 21/1199 21/MOO 4 21/1200 21/M59 21/7700 0CI1IH1 «M3 JO/BOO 5
        1,687 words
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        GLOBAL HOLIDAYS
        218 45 Ml Thailand: Makha Bucha Day. Fob IB China: Chinese New Year Eve. Taiwan: Chinese New Year Eve. United State\ Washington's Birthday Holiday. FabM Brunei: Chinese New Year. China: Chinese New Year. Portugal: Carnival. Singapore: Chinese New Year. South Korea: Chinese New Year. Taiwan: Chinese New Year. Fab 17
        218 words
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        COCKETT BUNKER MARKET REPORT
        753 45 THIS report, compiled by Cockett Marine Oli Ltd, shows price ranges in US dollars Instead of single prices for a more comprehensive description of the market Prices shown are baaed on averagesized stem Market movements are Indicated The Cockett Bunker Price Index chance and the Individual
        753 words
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        VERITAS BUNKER QUALITY REPORT
        412 45 Cartoo NO Max M2 U *.6 0.10 127 0.M JmM OMHttv Mr BhMm Aril AtoaMaa "Tiflmurt HoatOME25 1 0 5 0 2 0 1 ZZm 3M Am *8.5 0.3 WJ 0.04 25 0.02 taii 380 Mu 994.2 15 19.8 0.12 54 0.06 Mn %M/M MM Ho
        412 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Boeing expects plane orders to plunge in 1999
        424 46 Fall due entirely to global economic slowdown, not loss in market share AFX-Asia [NEW YORK] Boeing Company expects full-year 1999 commercial aircraft orders to be "significantly" down, due to the global economic slowdown. Boeing's commercial aircraft division's president Allan Mullaly said this
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      • Article
        Lock icon Delta drops US$2 ticket charge on domestic flights
        127 46 Bloomberg [ATLANTA] Delta Air Lines Inc, the No 3 US airline, said it ended a US$2 (553.28) surcharge on round-trip US tickets not purchased on its Internet site because other airlines did not follow its lead. The Atlanta-based airline started the fee
        Bloomberg  -  127 words
      • Article
        Lock icon American Air plans US$1b expansion at Kennedy airport
        317 46 Bloomberg [NEW YORK] American Airlines unveiled plans to build a US$l-billion (551.68 billion) terminal at Kennedy International Airport that will have 59 gates and a check-in area larger than Giants Stadium. Officials touted the project as a major step towards restoring Kennedy's
        Bloomberg  -  317 words
      • Article
        Lock icon Paris launches partial sale of Air France
        420 46 32m shares, or 16.4% of carrier's total capital, will be put on stock market Reuters [PARIS] The French government on Tuesday launched a partial privatisation of its flag carrier Air France. The finance and transport ministries said the government would put around 32
        Reuters  -  420 words
      • Article, Illustration
        Lock icon Safety first
        74 46 [BRUSSELS] European Transport Commissioner Neil Kinnock poses next to a crashed Mercedes A Class at the presentation of European car crash test results at the Autoworld museum. Mr Kinnock praised manufacturers for pushing occupant safety beyond legal requirements. Four new small family car models Ford Focus, Mercedes A
        REUTERS  -  74 words
      • Article
        Lock icon HK panel blames airport authority for opening chaos
        293 46 Reuters [HONGKONG] A panel of Hongkong lawmakers said yesterday the management of the government's Airport Authority (AA) bore the greatest responsibility for the shambles at the opening of the territory's new airport last July. In a 248-page report, the second to be
        Reuters  -  293 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1732 46 cm maw m rucm tip sotoot im m*m mm mo unu zoso sow tm sowo ooo 0F« mo 0T62 2050 tm0liWC $0603 1915 C2352 0835 W6229 2230 COP MB $0064 MB **741 1310 **740 1410 «a» a» **743 wzs ,?22 ??J2 TG407 1545 TG408 1645 mws
        1,732 words
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      17 33 Transport industry adapting to business needs Services offered are enhanced by Internet and new technology. Page 2
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      Page 33 Advertisements Column 2
      336 33 Boeing expects plane orders to ptangeinl999 Fall due entirely to global economic slowdown, not loss in market share. Page Uk pai club TTCLIIB CLUBS EXPANDING IN SINGAPORE T The SE Asia branches of the UK P&l Gub and the TT Gub were established in Singapore during the first half of
      336 words
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      738 34 ISUPIR BHUTTUE EXPRESS l| IQULF KARACHI EXPRESS (QKX) j rasa voyage La vtssa yoy jea dmn oan mo km cot kg ["jT" mcMMHu nwm 20/01 07/01 mmimvmm oiTlvoT is/oi is/oi 17/01 22/01 m/oT wo 7 si/oi" NYK CASTOt 07W504 27/01 14/02 PlO MEDUOYDOAHtAM 14C 20/01 22/01 22/01 24/01 20/01 02/02
      738 words
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      Page 34 Advertisements Column 2
      711 34 Lines services represented r BSB by Merr,C)efS the Registry of Accredited Shipping Agents Singapore Shipping Association Members at the Hggr.l Singapore Fretght Forwarders siaSß? Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETA PKL ETA SIN' ETA MALE fYlnoess Lih V 0299 U/K/H 17mm I tmm Princess Lily VtSM Timm 9imm
      711 words
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      1146 35 SAX SttVKi (DIRECT) vissa voy aire iax|om|pm|hou <h ooi mb» 1 ati wrc j AfIIUMUCCI OCT 27/01 11/02 l»/02 14/02 17/02 17/0? 17/0? 17/02 11/02 11/02 myyaoiirx oon 03/02 u/02 23/02 23/02 24/02 23/02 24/02 24/02 25/02 25/02 AWTOUMIAIM 0231 10/02 25/02 02/03 02/03 03/03 02/03 03/03 03/03 04/03 04/03
      1,146 words
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      Page 35 Advertisements Column 2
      1849 35 @HANJIN SHIPPING iik P1 i MthntyaLea -Ub 37W230 HANJIN SHIFTING (S| PTEITO on, //w. b** cam BOOKING *****35 737 SAIfS 37*0774 731 DOCUNfHT 37*0771 774 OfIUTKHfi 37*0750 751 MMN UK *****55 FAX TTTtHO aNO **********0 M TO NW USA A CANADA USA CANADA* Ft* VU/VOY U* SM UNI HAtA VOT
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      Page 35 Advertisements Column 3
      336 35 KMTC provides ICL consolidation to Korea, Japan Outports China on every WEDNESDAY, FRIDAY. For enquiry, please contact us. Tol: 220 8558 ShMKIiMtS fcfc *****54 Mi|ili, Piidn Jafci SUpftaf Ayrtn S* M I i W»Hi Nr111.,, (U) 13-75*7530 §mso3-75*5341 ffll.L L (W)O4-2*304*0 (taoo4-2*3414* KTTf://WWHUUITCCOJa fJMmr m 17-*****01 ffw) 07-*****04 SHREYAS SHIPPING
      336 words
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      1577 36 DSR-SENATOR UNES TO UK/CONTINENT TO MEDITERRANEANS ANAPA VtSSfl VOY Ml l£H HTM *WH MOM WV FIX VtSSfL VOY SIM BIT IK FOt HC MTU HANJM OAIIAN WM7 2101 11(2 20 02 17 02 1112 20 02 SHANGHAI SENATOR WMM7 2111 1412 1112 1112 2112 27 K MERKUfI STAfI Wo9ot MOl
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      Page 36 Advertisements Column 2
      873 36 ill MAU-NELS S PURE M'SIA uTTTTj Carrier; MN CON In LINES, INC p.quqang:far)*****26 I l\-/ J WNOHMOWWW S»U: (064)*****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (66Z) *****67 SURABAYA: (31)*****0 P KELAWQ: (03)*****77 JKT (21)*****07M0N: (61)*****3 KUCH1NQ(062)*****1-3 BARCELONA HO CHI MINH MV "NORASIA SHANGHAI" V.9904-4 EVERY MONDAY AND ETA SIN:
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      Page 36 Advertisements Column 3
      507 36 LINE nil IM34M NUb INSIII MUARA H LABUAN vissa w nt m vissa voy no ra SPOtf MUAIA SPOtE IM srum hopi voa/w 79/01 01/02 shaks hopi voa/w 29/01 02/07 (MMAM332 VOX/99 02/02 05/02 CA*NU«332 VOX/W 02/02 it/02 JPOOSPH VO2I/99 04/02 00/02 STRAITS MOPE VOX/99 09/02 12/02 K. KiNABALU KUCHINQ
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      1293 37 VESSEL VOY SIN PKO PEN PQB PUB DAM I BHJ I BA BIK NUN TABATABAEI PJLI33I 06/02 16/02 17/02 19/02 21/02 IRAN BAKERI PJLI336 13/02 23/02 24/02 26/02 28/02 IRAN SATTARI PJLI334 20/02 02/03 03/03 06/03 07/03 IRAN TAKHTI TBN 27/02 08/03 10/03 12/03 14/03 I IRAN VAHPAT TBN 06/03
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      Page 37 Advertisements Column 2
      1863 37 VOOI3W (ETA SIN J 3 F«k 99), Cos«o USA last-CMist I All-Valtr Mnrin will call I Norftlk Mrt. Intwi of Irfft—w. 1 I SINGAPORE'S GENERAL AGINTS: 6 SHINTO* WAY TIL 226 1900 FAX: *****08 OUTWARD (l/U l ,B COSTAR SHIPPING PTE LTD #i7-oio»sku)G saus/kkgs 4?05«57/60 inward dcpt (d/ 0) *****85
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      Page 37 Advertisements Column 3
      626 37 EASTERN CAR LINER, LTD. 7! s§£F L ECL (SINGAPORE) PIE LTD JSmtSL I srnuuni jj nemo wavy un urro <50 rows I ECL (SINGAfOK) fit UD LOAD NG FOR YANGON/CHITTA6ON6 PORT KLANG/ YANGON MV "TERESA PRESTIGE" V0Y.26 MV "ORIENT IRIS" V0Y.30 ETA SIN 03/02/99 ETA YGN 08/02/99 ETA SIN 05/02/99
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      1219 38 EUROPEAJKySCAHOtMAVUWNUUWWUSSIA I S6P ROM ANW HBG THP ZEE LHW LHV THP ROM AM W HOG PKL SGP E.DIVINE RW-003 30/91 11/02 20/0? 22/02 23/02 24/02 N. 6ENOVA RE-021 11/01 12/01 14/01 14/12 E. UNION RW-811 03/02 23/02 03/03 01/03 E RESULT RE-023 14*1 10*1 15/01 17/01 10/01 11*2 12/02 E
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      Page 38 Advertisements Column 2
      1090 38 ADVANCE CONTAINER LINES (PTE) LTD AP I 140 C«c« Street #12-00, PIL BuUdlng. Singapore *****0 AA 1. M Lz TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60 *****06 ■AWOKOK JAKAMTA (Watty 5 Slgt mn IIq» LCWI »n HIT) (5 falHaft/Wa*) vtssa I voy w hoc
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      Page 38 Advertisements Column 3
      600 38 rca. NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA rasa vot s« rm pur ~m ai ro twmiQuta vors n/oi 05m M/ 02 12/02 13/0? it/w mrcu dragon mis 07/02 14/02 20/02 ~nm"wn MUfMI V.027S 14/02 WO? 03/03 04/83 IjjlijlWß V.032S l>/02 24/0? 02/03 05AQ 04/03 09/03 601DBIDIA60N V.OIOS
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      427 39 MB MYANMA \SBBk FIVE STAR UNE (Myoamr National Um) Loading for Tangos (Rangoon) vKsa voy sin pu pen pgu PWYA 160W sit HPA-AM 2MW MPT MALAYSIA AGENTS: HUSTIAO SMPPMG AGOKKS NIL Ttt (03) 2417)00 MIL TO (03) 376*101 PBI: TH (04)2****** PGU: TH (07) *****21/4 BANK UNE (A swvkt Asdrtw
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      1258 39 HMNE* HYUNDAI MERCHANT MARINE CO., LTD. ivßsa wf|sM|sou|ta|nM|Ain|HAM|wv|Hi| Ivssa ¥o>r| sou iw roi awt i nam i wv >■. I sw BJE 551W 20/01 15/02 20/02 17/03 10/02 DAMMI 5421 04/01 09/01 04/01 07/01 20/01 MX MB 007W 29/01 20/02 19/02 14/02 14/02 HYFBBUI 3IX 00/01 13/01 09/01 12/01 30/01
      1,258 words
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      Page 39 Advertisements Column 3
      996 39 V nav*gkn iyujtnd oukxomtrs Q°mxs TO NORTH AND LATIN AMERKA *RORO HEAVYUFT SERYKE' |VfSSa VOY RAMP MKMT SM UX CRI MIA SAV BAI Off NYC KW MOI mm— WO3 4001 m 6.3 M m&f T275T 057®3~1570r 0776T M7ST To7ST IT7ST TW WST TAMPER! F904 400Tm 6.3 M 05/02 04/03 15/03
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      643 40 ■AM—CO*/ TA WHUTI LAMM CHABANOI JAKARTA/PAN J ANO VESSEL VOY SIN BKK MTP LCH VESSEL VOV SIN JKT PJN OAHU BHUM 26N ~jnPt~ 31/01 30/01 OURU BHUM 114 SB In Pt 31/tH~ MATHU BHUM 400N gWt 03/02 02/02 AKA BHUM 329S 30/01 03A)2 YAHTHA BHUM" 277N 31/01 03/02 04/02 ANRO
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      553 40 INDONESIANATIONALLIN^I TO EUROPE I I lbdP9E&i sjMMjXWtMWBRISED MHVICM va vot r's'roti 1 A'i*«/t'w[rim« I marc I unwar 1 wssa I 21/11 I n/n 1 11/12 I pit I n/iT TO AUSTRALIA I Rjixoowpywßiwjwwai va Ivorl m mi w no m. it ml usiwi |i« |m/»i w/ii v/n n/w u/w u/w
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      889 40 vessels I voy lan 1 pklljed Imla La I him I haw Izb Isot vxEtyowow vaw oi/oe oawa hab iwa 21/02 22/02 zvo2 jmb 2MB Vai£DCMMMO6A V3OW OMB MM 10W2 2MB 01/03 02/03 OOffi (MI OM3 VILE DC TAWYA T3OW IflAg 17A82 2MB 02/03 01/03 OM3 KVO3 12/03 13/03 VIXEQE
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      38 41 DIRECT SERVICE J to INDONESIA 11 PT. Pelayaran Meatus HUALf Check It Out P a e On Page 13 Nevy Service To Shanghai direct service; to Calcutta 'JSQ Wan Hai Lines Q^ shi|)ptog Page 5 Page 12 (Mon/Wed/Fri)
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      51 43 ■r^TAjl SToTk Dial 740-6000 on demand] (Retrieve more schedules!) Press-r ~JC\ Select the port and key in the four digit code eg: To New York (NYC) 2275 sj£) Key in your fax number ft33i& i Enter your phone number Anoth«innoy»tiy« wvic* offered by The document will be SHIPPING TIMES s
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      149 44 f mmaamm free Reader Enquiry Service o< cut out <3nd to I 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a
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      131 45 LEGEND: R Thunderstorm Temperature »q V Shower Weather Wmd direction with speed in knots ee Rom Cloudy Sky Wov h «^>« Serfoce winds ore indicated by arrows which Hy with the wind One full circle represents colm or kght ond variable wmds i__ One half Heche represents 5 knots L_
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      641 46 GLOBAL TENDER INVITING PARTNERS TO MANAGE A MODERN CONTAINER FREIGHT STATION NEAR JAWAHARLAL NEHRU PORT, NEW BOMBAY, INDIA. The Jawaharial Nehni Port (JNP), New Bombay is India's most modern and fastest growing container port. A premier, World Bank aided project, the port surpassed the half million TEU mark in 1997-98
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