The Business Times, 4 July 1997

Microfilm: NL20797
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023^12/96 85c SINGAPORE Internet http://www.asial.com.sg/biztimes FRIDAY, JULY 4,1997
    13 words
  • Article
    MARKET SUMMARY
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  • Article
    FINANCE
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  • Article
    DBS gets Thai nod to take control of ailing Sri Dhana
    518 1  -  Bangkok to waive 25% foreign ownership limit, says BOT official By* Conrad Raj, Clarissa Tan DBS Bank has received approval to take control of troubled Thai finance house Sri Dhana Finance Co. Jaroong Nookwan, deputy governor of Bank of
    518 words
  • Article, Illustration
    Lock icon HK shares ease on 1st trading day under Chinese rule
    549 1  -  Property coulters hit by Tnng's pledge to tackle housing woes From< Quak Hiang Whai in Hongkong THE Hongkong market started its first trading day under Chinese sovereignty on a generally weak note with property counters hit by Chief Executive Tung
    REUTER; Source: Bloomberg  -  549 words
  • Article, Illustration
    Lock icon Bangkok stocks surge another 8.6%
    856 1  -  Market looks to rate cut to consolidate any economic recovery Front Harish Mehta in Bangkok THAILAND'S stocks yesterday surged by another 8.6 per cent, bringing their gains in the last two days to 17.2 per cent, buoyed by expectations that the devaluation of the baht
    AFP  -  856 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Most retailers still struggling, despite better showing by some
      532 2  -  vost-ctrtungg Mtter merchandising help some, bat spending climate still weak By Ang Wan May IT'S still a struggle for most retailers. Though some of them have improved on their performance recently, they attributed it largely to coat-cutting and other special factors
      FILE PHOTO  -  532 words
    • Article, Illustration
      Lock icon Tight labour market eases
      353 2  -  ETC ON THE ECONOMY Labour By, Audrey Tan THE tight labour situation appears to have eased in most sectors last year, according to figures from the Ministry of Labour (MOL). The total Job vacancy rate dropped to 4.8 per cent last year, down 0.4 point from
      Source: MOL  -  353 words
    • Article
      21 Four Seasons Jakarta units sold
      269 2 SINGAPOREANS have bought another 21 units in the upmarket Four Seasons Regent condominium project in Jakarta, paying an average $704,000 for apartments of around 2,160 sq ft in size. In all, the Singaporean buyers paid $18 million for the 21 units in the third
      269 words
    • Article
      Toys 'R'Us quits Marine Parade for Marina Square
      344 2  -  Move prompted by opening of Tampines Mall, Century Square By\ David Boey TOY retail chain Toys *R' Us has closed its Marine Parade branch and will open a new store at Marina Square at the end of the year. "We are moving
      344 words
    • Article
      Barings administrators here to discuss suits
      388 2  -  By\ Conrad Raj THE administrators of Baring pic and its former subsidiary Baring Futures (Singapore) were in Singapore yesterday to discuss proposals to settle the multi-billion-dollar law suits against the auditors of the two companies. The London partners of Ernst Young are the administrators
      388 words
    • Article, Illustration
      Lock icon Invest in your people, EDB chief tells firms
      289 2  -  By Tan Su Yen LOCAL enterprises should Invest In their people to create a strong core team for future growth, said Economic Development Board chairman Philip Yeo yesterday. To help some companies, the EDB yesterday announced the setting up of a 3D
      FILE PHOTO  -  289 words
    • Article
      S'pore funds eye $500m airport deals in China
      433 2  -  Shandong projects involve expansion, upgrading of airports By\ Lu Ning TWO Singapore joint venture funds Singa Infrastructure Management and Shenyin Wanguo-APS Management are eyeing two airport expansion and upgrading projects worth $500 million in the Chinese province of Shandong. The two projects
      433 words
    • Article
      Oil demand dips for first time in a decade
      342 2  -  By. Ronnie Lim SINGAPORE'S oil consumption in 1996 showed a dip for the first time in a decade, according to the just-released BP Statistical Review of World Energy 1997. But industry officials here feel this was more a reflection of the
      342 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      173 2 .-JPV 4 FACT Realtime Accounting Software 1 now an Windows 95 I Just launched. FACT Reports now generate all reports from FACT in true Windows 95 environment. I Presentation quality printouts on laser printer. Naturally, all the reports are real-time, updated with all the I transactions entered up to that
      173 words
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      Page 2 Advertisements Column 2
      9 2 LI Xln Industries gears up for listing, Pg 13
      9 words
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  • FOCUS: ADVERTISING & MARKETING
    • Article
      Lock icon Some rich pickings in US
      710 3 Account activity in 2nd half likely to be as active as record levels reached in Ist half NYT [NEW YORK] THE second half of 1997 is already beginning to resemble the first half, when account activity reached record levels, as a wide variety of marketers
      NYT  -  710 words
    • Article
      Trade fair sees low repeat participation
      281 3 MEETING PLACE [SINGAPORE] Only 10-20 per cent of the participants in last year's High Life exhibition, an international consumer goods trade fair for professional buyers, are returning for this year's show. High Life '97 will be held from Oct 14-16 at the World Trade
      281 words
    • Article, Illustration
      Lock icon Ads reach for the sky
      63 3 [BEIJING] A blimp carrying an advertisement hovers over a hazy Beijing sky yesterday promoting a brandname, in the latest of the various advertising channels used to attract Chinese consumers. The advertising industry in the Chinese capital has been skyrocketing with nearlys,oooadvertising firms competing for an
      AFP  -  63 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      34 3 SINGAPORE'S MOST PRESTIGIOUS EXECUTIVE OFFICES ■flu jPHJ|||||||!j|j 'i||||||||||||!ii|| ||l|||| T! if ;;,iili iui i iitn 6 BATTERY ROAD Level 22 CENTRAKO BUSINESS CENTRE PTE LTD Gill Fax 438 0681 F mail ontr.iko'"pacific net .scj
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      Page 3 Advertisements Column 2
      42 3 t i $§%'-< 1. V £A t■ v -«*4# fti ni .i 1 I >i C j r if I f* f■k• p.* j-£ e11» £f. x *■>»-vii lpw**£* rff 4 -*w.-i-'i-i I V I •"I .> v I > N V t CHANEL .1
      42 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Indonesia to unveil measures to open up market soon
      302 4 JAKARTA Package indnding tariff cote, to be released ahead of creditor nations' aid meeting Bloomberg INDONESIA will soon release a series of measures aimed at lowering trade barriers and stimulating the economy, Minister of Industry and Trade Tunky Ariwibowo said yesterday.
      Bloomberg  -  302 words
    • Article
      Lock icon New Viet rates put pressure on foreign banks
      436 4 HANOI Ceilings too low in relation to costs of raising fonds, lending risks, say bankers Bloomberg FOREIGN banks may be forced into a business slowdown by new interest rate limits announced by the State Bank of Vietnam, foreign bankers said. The ceilings
      Bloomberg  -  436 words
    • Article
      Lock icon Asean to seek French, Indon help in Cambodia
      120 4 BANGKOK Reuter, AFP THE Association of South-east Asian Nations (Asean) is to ask France and Indonesia for help in defusing Cambodia's political crisis, a Thai Foreign Ministry official said yesterday. France and Indonesia both played major roles in pushing Cambodia's warring factions
      Reuter,; AFP  -  120 words
    • Article, Illustration
      Lock icon A royal hand for a primate
      79 4 [MANILA) Britain's Prince Charles (centre) holding in his palm one of two endangered tarsiers, the world's smallest primate, which were presented to him by Philippine President Fidel Ramos and First Lady Amelita Ramos during his visit at the presidential palace in Manila yesterday. Prince
      AFP  -  79 words
    • Article
      Oracle to help Malaysia's MSC with 3 flagship projects
      386 4  -  SINGAPORE Trials for electronic govt, telemedirine and smart schools By' Toh Han Shih US software firm Oracle is helping Malaysia implement three flagship projects of its Multimedia Super Corridor (MSC) electronic government, smart schools and telemedicine. "The MSC is not a
      386 words
  • NOTE Book
    • Article
      Lock icon Nike urged to toe line on workers
      95 4 AFP [HANOI! The vice-chairman of the Vietnam Labour Confederation, Hoang TW Khanh, asked that Niks ensures its subcontractors tos the line on labour conditions in Vietnam, a report said here yesterday. Ms Khanh had reportedly told US labour officials that Nike should "pay
      AFP  -  95 words
    • Article
      Lock icon Ramos warns of deficits
      48 4 AFP [MANILA] Philippine President Fidel Ramos warned yesterday the country's current account and trade deficits remained serious challenges to economic recovery. "Our external payments position is far from totally secure," Mr Ramos said at an anniversary celebration of the Central Bank of the Philippines.—AFP
      AFP  -  48 words
    • Article
      Lock icon Asean urged to add to energy fund
      53 4 Bernama [MANILA] Malaysia has urged its Asean neighbours to contribute to the to push the setting up of the Asean Energy Centre (ABC). Tl»e caß was made by Energy, Poets sod Telecommunications Minister Leo Moggie to delegates at the on-going Asean energy ministers'
      Bernama  -  53 words
    • Article
      Lock icon Anwar calls for caring cities
      67 4 AFP [KUALA LUMPUR] Malaysia's Deputy Prime Minister Anwar Ibrahim yesterday called fir the nurturing of "caring" cities in poor and developing nations amid their rapid economic development Most cities have "grown into monsters under the tyranny of fragmentary thinking and single-minded pursuit of human needs"
      AFP  -  67 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
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      138 words
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      Page 4 Advertisements Column 2
      50 4 You may have been unable to get your Business Times, Straits Times, Sunday Times LianHe Zaobao and other daily newspapers from your usual newsstand because of the hif her demand lately. To ensure a daily copy, call Customer Service section on 1800-*****77, and ask for home or office delivery service.
      50 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      339 5 Now that we've floated the lateraatioaal Busiaess Park, w. jSL' K. r MO it's time to aiake waves with something even bigger to help your business take off I 1 w: "iiSiri^Bf^ x i up i H f. ygii *< r JTC presents... the Changi Business Park JTC's second business
      339 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Biggest Asian mortgage bond issue snapped up
      493 6 HONGKONG Dah Sing Bank sold USs3oom of bonds backed by HE mortgages on eve of handover Bloomberg INVESTORS shrugged off concerns surrounding the return of Hongkong to Chinese rule this week, gobbling up the largest mortgage bond issue ever sold in the former
      Bloomberg  -  493 words
    • Article
      Lock icon Beijing must open markets wider: US
      317 6 WASHINGTON Washington to posh for lower trade barriers as condition for China to join WTO LAT-WP THE Clinton administration signalled on Wednesday that it will insist China open its markets to substantially more US imports as a condition of admission to the World Trade
      LAT-WP  -  317 words
    • Article, Illustration
      Lock icon HK Democrats see tough times ahead
      336 6 HONGKONG Opposition amid be sidelined in legislature, Lee warns AFP HONGKONG'S leading pro-de-mocracy figure warned yesterday that China could transform the territory into another Singapore, in which the opposition would be sidelined as a tiny presence in the legislature. Martin Lee, chairman of the
      AFP  -  336 words
    • Article
      Lock icon Zhu likely to be named premier at next party congress
      293 6 HONGKONG AFP, Bloomberg CHINESE Vice-Premier Zhu Rongji is likely to be named as the country's premier at the upcoming Communist Party's congress, it was reported yesterday. Mr Zhu, who is known as China's economic tsar because of his policy to
      AFP,; Bloomberg  -  293 words
    • Article
      Manufacturing still part of HK economy
      353 6  -  HONGKONG Sector not hit by service industry's growth: panel member By Loh Hui Yin CONTRARY to popular belief, the manufacturing sector here is still very much a part of the Hongkong economy, said Victor Fung, chairman of the Hongkong Trade Development Council. "Hongkong no
      353 words
    • Article, Illustration
      Lock icon Teng-hui slams China on unification issue
      312 6 TAIPEI Unification can only spring from democracy not force, he says Reuter TAIWAN President Lee Tenghui assailed Beijing yesterday for trying to force Taiwan to accept communist China's sovereignty, saying national unification can spring only from democracy, freedom and equitable prosperity. "Nothing good will
      Reuter; AFP  -  312 words
    • Article
      Lock icon Tung names exco man to handle ties with Taipei
      293 6 HONGKONG Reuter HONGKONG'S leader Tung Chee-hwa has appointed a member of his inner advisory cabinet to act as his intermediary on Taiwan-Hongkong relations, Taiwan's representative in the territory Koo Chen-fu said yesterday. "Mr Tung specially said matters between the two places
      Reuter  -  293 words
    • Article
      Lock icon China securities watchdog closes 11 futures brokerages
      275 6 SHANGHAI Latest attack on illegal trading govt to cot number of broken Bloomberg CHINA'S securities industry watchdog closed 11 futures brokerages as the government intensified efforts to clean up its financial markets. The China Securities Regulatory Commission said the brokerages were involved in
      Bloomberg  -  275 words
    • Article
      Lock icon China's 1996 budget deficit at 61b yuan
      181 6 BEIJING AFP CHINA'S budget deficit for fiscal 1996 reached 60.88 billion yuan (5510.5 billion) and remains "rather huge" despite being under the central government target, the Chinese media reported yesterday. Quoting Finance Minister Liu Zhongli, the China Daily said state revenues totalled 426.5
      AFP  -  181 words
    • SINO Briefs
      • Article
        Lock icon Patten may front TV series for flat
        64 6 AFP [HONGKONG] Former Hongkong governor Chris Patten could return to the territory "within the year" to ftont a television series on Asia, a report here said yesterday. A deal for the project, which could be worth more than £1 million (512.4 million) to
        AFP  -  64 words
      • Article, Illustration
        Lock icon Tumultuous return to work
        62 6 AFP [HONGKONG] Hongkong's first day bade at work under Chinese rule after the handover holiday was thrown into chaos yesterday, as rain storms relentlessly battered the territory. All schools across the territory remained shut and major roads throughout the territory were closed due to landslips and
        AFP  -  62 words
      • Article
        Lock icon Tang: no plans to join Communist Party
        88 6 Reuter [HONGKONG] Hongkong's new leader Tung Chee-hwa, a wealthy former shipping magnate, says he has no plan to join the Communist Party, a prerequisite for those holding power in China, now the region's ruler. Mr Tung alao said the all-powerful Chinese party did
        Reuter  -  88 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      147 6 NO MORE WAITING FOR WATER TO BOIL Zip gives instant boiling water at the touch of a tap for coffee, tea, soup and all the cookingl SAVES STAFF SAVES TIME SAVES POWER- can pay for itself with the power I it saves when you switch from kettles and urns. SAVES
      147 words
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  • ASIA
    • Article
      Lock icon S Korean banks get freer rein on setting rates
      362 7 SEOUL Move will increase competition as banks scramble to attract more depositors Bloomberg, AFP SOUTH Korea's central bank said yesterday it would let commercial banks set their own interest rates on shortterm savings deposits in a bid to increase competition and
      Bloomberg,; AFP  -  362 words
    • Article
      Lock icon Bank of Japan may be ready to raise rates in Q4: traders
      447 7 TOKYO Fears of rate hikes keep 3-month yen rates from falling Reuter JAPAN may be ready to raise interest rates in the fourth quarter, its first such move in seven years, if private demand keeps fuelling economic recovery
      Reuter  -  447 words
    • Article
      Lock icon N Korea, US group sign N-reactor deal
      239 7 NEW YORK AFP A US-LED consortium and North Korea signed a raft of agreements here on Wednesday, opening the way for the construction of light-water nuclear reactors in the communist country in the coming weeks. The Korean Peninsula Energy Development Organisation (KEDO) and
      AFP  -  239 words
    • Article, Illustration
      Lock icon Wet days are his cup of tea
      44 7 [CALCUTTA] A roadside tea-seller waits for customers in the eastern Indian city of Calcutta. With monsoons Just about to set in, Calcuttans take to tea, and for the teasellers, it's literally waiting for the rainy day. AFP
      AFP  -  44 words
    • Article
      Lock icon NZ savers may get tax credit option
      315 7 WELLINGTON Reuter THE New Zealand government yesterday released a report by a working group set up to examine taxation of life insurance and superannuation fund savings, and said it preferred the option of using a tax credit. At present, income earned by savings
      Reuter  -  315 words
    • Article
      Lock icon More contractors going bust in S Korea
      133 7 SEOUL AFP SOUTH Korea's prolonged economic slump sent 552 construction firms bankrupt in the first half of this year, up 34 per cent from a year before, officials said yesterday. In the first half, 106 general contractors sank, compared with 106 a year
      AFP  -  133 words
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  • FOCUS: BAHT DEVALUATION
    • Article, Illustration
      Baht float is seen as a mixed blessing for Thai exporters
      444 8  -  Gain in competitive advantage may be lest to higher production costs From, Alan Boyd in Bangkok EXPORTERS are expected to gain a competitive advantage from Wednesday's float of the baht, but may lose much of it to higher production
      444 words
    • Article
      Bank Negara steps in a second day to shore up ringgit
      332 8  -  Prom', Eddie Toh in Kuala Lumpur BANK Negara continued to support the ringgit yesterday as regional currencies continued to feel the aftershocks of the baht float, dealers said. The ringgit opened higher at 2.5236/46 to the US dollar from
      332 words
    • Article
      Flat growth for Thai economy: SocGen-Crosby
      369 8  -  Inflation and interbank rates will remain high By Clarissa Tan [SINGAPORE] Devaluing the baht is not a panacea for Thailand's woes, and the economy will see flat to near-zero growth in the next six months, says SocGen-Crosby's head of research Manu Bhaskaran. Predicting that
      369 words
    • Article
      Central bank move helps to cool peso
      191 8  -  From. Al Labita in Manila THE overheating of peso-dol-lar exchange rate sparked by Thailand's float of the baht cooled yesterday after the central bank dumped more greenbacks, a move that tempered the share market's losses. Demand for US dollars at the Philippines Dealing
      191 words
    • Article
      Baht move: mixed reactions from HK fund managers
      341 8  -  Morgan Stanley now overweight on Thai stocks From Loh Hui Yin in Hongkong SOME fund managers here are warming up to Thai stocks following the Thai government's move to free its currency from a tightly-controlled exchange rate system. But there are others
      341 words
    • Article, Illustration
      Lock icon Traders largely unfazed by Sing dollar weakness
      398 8  -  Some suggest weak stockm&rket may have led to sales By\ Larry Wee [SINGAPORE] The Singapore dollar weakened to 1.4340 per US dollar yesterday compared to Wednesday's close of 1.4305, but this failed to perturb most traders BT spoke to. A couple of players
      Source: Dow Jones  -  398 words
    • Article, Illustration
      Lock icon Spotlight on Thai-linked stocks again; Cerebos among losers
      347 8  -  Essence of Chicken maker falls 25 cents; Thai Prime Fnnd continues to soar By] Louis Beckerling {SINGAPORE] Listed companies with links to Thailand again came under the spotlight on the stock market here yesterday. One big loser was foodbased Cerebos Pacific, best
      REUTER  -  347 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      56 8 Wo 1 OFFSHORE COMPANY SPECIALISTS BAHAMAS JERSEY BRITLSH VIRGIN ISLANDS MAURITIUS CAYMAN ISLANDS SEYCHELLES IRELAND WESTERN SAMOA Tel: (65) *****82 Fax: (65) *****91 OFFSHORE WITH CONFIDENCE i 1 unit PRIESTMAN STEEL GRAB Single Chain, Auto Touch Operation 2,5 CBM/3,0 CBM Net 3000 kg Gross ***** kg Excellent Condition For info,
      56 words
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  • THE WORLD
    • Article
      Lock icon US June jobs growth below expectations; jobless rate up
      429 9 WASHINGTON Data suggests Q1 rapid growth has slowed, reducing chance of Fed hike in interest rates Bloomberg [WASHINGTON] America's economy added jobs at a slower-than-expected pace in June and the unemployment rate unexpectedly rose to 5 per cent from 4.8 per
      Bloomberg  -  429 words
    • Article, Illustration
      Lock icon UK budget seen hitting business more than consumers
      609 9  -  LONDON Move to curb house prices nnlikely to stop S'ptre, HE buyers By Neil Behrmann BUSINESSMEN doubt UK Chancellor of the Exchequer Gordon Brown's claims that the latest budget will succeed in raising local and foreign investment. The consensus is that the
      AFP  -  609 words
    • Article
      Pound powers past symbolic mark level
      320 9  -  LONDON By] Neil Behrmann STERLING surged past the symbolic 2.95-Deutschemark level yesterday afternoon on expectations that the Bank of England will raise interest rates a further quarter percentage point to 6.75 per cent next week. The market ignored warnings of George Soros, the international
      320 words
    • Article
      Lock icon Germany planning higher budget deficit
      322 9 BONN Bat it will still meet target for joining monetary union Reuter GERMANY is preparing a supplementary 1997 budget with a sharply higher budget deficit but it will still meet the target for joining the single European currency, a coalition source said yesterday. The budget
      Reuter  -  322 words
    • Article
      Lock icon Japanese pleads guilty to embezzling US$60m in US
      222 9 LOS ANGELES AFP A JAPANESE national yesterday pleaded guilty to misappropriating US$6O million (5585.8 million) from his company, in what was termed one of the biggest embezzlement cases in the United States. Yasuyoshi Kato, 39, faces a maximum sentence of 76 years
      AFP  -  222 words
    • Article
      Lock icon Fed rate decision a boon for emerging markets
      387 9 NEW YORK Economists see boom in now debt issues continuing till US rates are raised Reuter THE Federal Reserve's decision on Wednesday not to raise US interest rates should boost the flow of capital into emerging market assets, US analysts said. With
      Reuter  -  387 words
    • Article
      Lock icon Russia's foreign reserves up 55%
      267 9 MOSCOW FT GROWING confidence in the Russian rouble has enabled the central bank to lift its international reserves this year by 55 per cent to a record US$23.B billion (Ss34 billion), bank governor Sergei Dubinin said on Wednesday. But Mr Dubinin also revealed details of
      FT  -  267 words
    • Article
      Lock icon NYSE may allow defections
      143 9 NEW YORK Bloomberg THE New York Stock Exchange is considering changing a rule that would allow listed companies to defect from the biggest US exchange, an NYSE spokesman said yesterday. The Big Board's Rule 500 makes it almost impossible for a listed company to move to
      Bloomberg  -  143 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      70 9 ii Christofle Paris Filet desk clock Ss3o9 with GST Pavilion Christofle The Shopping Gallery, *02-11/12 Hilton International Singapore, 581 Orchard Road, Singapore *****3. Tel 733 7257. Etpace Christofle: Robinsons 176 Orchard Road, Level 4, Centrepoint, Singapore *****3. Isetan Scotts Level 4, 350 Orchard Road, Shaw House, Singapore *****8 Tangs Basement,
      70 words
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      Page 9 Advertisements Column 2
      652 9 I sfri/b SMB UNITED LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Company will be held at 9 Senoko Drive, Singapore *****7 on 18 July 1997 at 10.00 am for the purpose of considering and,
      652 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon 10 reasons Chile should join Nato...
      778 10  -  BP OPINION BU Thomas Friedman The writer is a columnist in The New York Times NYT WITH less than a week to go before the Madrid Nato summit meeting, the United States and its North Atlantic Treaty Organisation allies are still arguing over which
      NYT  -  778 words
    • Article
      IN OTHER WORDS
      162 10 'It's like a Thousand and One Nights', where every night they tell a different story to save themselves.' Quma aUN arms control expert on Iraq's attempts to convince Inspectors that it is not making chemical weapons. 'Who would want to bring heroin from the US to Colombia?
      162 words
    • Article
      Thailand's tough call
      695 10 EDITORIAL BY letting the baht drift into a managed float on Tuesday, the Bank of Thailand (BOT) finally bowed to the reality of the foreign exchange markets. Venturing into the ring for another round of battle with currency speculators would have been hugely risky; in the last
      695 words
    • Article, Illustration
      US accepts it cannot control cyberspace
      821 10  -  lacking resources and power to regnlate the Internet, Washington decides to turn it into a 'global free-trade zone' By Leon Hadar The writer is BT's Washington correspondent THE Clinton administration's decision to turn the Internet into a "global free-trade zone" for the sale of
      821 words
    • Article
      WHAT THE OTHERS SAY
      785 10 G*nuuu*> fixation on THE decision by German Chancellor Helmut Kohl to endorse the strictest possible interpretation of the Maastricht Treaty's criteria for fiscal deficits is revealing and disturbing. This unreasonable insistence that deficits should be 3 per cent or less of a nation's GDP reveals a
      785 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      23 10 POOMESBURT By Garry Trudeau U/Fii, UK3, uewimrllu AMeXSThe \CONFmPA f THAT* HOUJSO' SHBKS&S THAT*ONLY /\W ML.lAC&s\iori/mYr\ PUTTING V 8 WN6 CRAZY. NOT detHGeniNG
      23 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      631 11 Home Decor For people who love their homes Where to wine, dine and entertain... *t (o^ CHHi What batter w»y to celebrate a gnat week than Sunday Brunck at The Cafe-in-The-ftrk? Enjoy the finest brunck and service at only $28* per adult (only $14* (or tke kids). Then toast your
      631 words
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      Page 11 Advertisements Column 2
      155 11 24-hour Coffee House let floor The Chicken Rice Capital Of The World •tSiRw?" 5 333 Orchard Road, Singapore *****7. Tel; 737 4411 Froi* Ijf-*5l jf July, CWeP Ye fr«<iH you fo W*»h Km Chinese Resf*ur 1 j fa*d\e> live **V H\« sf price of only $5 p«r 100$ orAe* «h>
      155 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      750 11 TV&BAPIO LIO AM Friday Late 740 Tamil Seithi (News) (T). Movie Cool And The 140 Berita 12. "J 5! I1^. Innova !Sl? 8 Crazy. 840 Selangkah Demi Selang- V ■(TITI "o The Winners (The Busi- ««n Billboard US Top 20. kah. y T |F~ f ess) 108 Tlmewatch. 040 Dian.
      750 words
    • Miscellaneous
      Page 11 Miscellaneous Column 2
      175 11 CBYPTIC CROSSWORD 28 A supper rftSeb^ DOWN M Drilled or cut without hesita- YESTERDAYS SOLUTION 1 Poor Journalist looked on as lfi a i_ t lust a tool (Ti 16 There s a lot of grass In the WH6IIItIeIrIcIeI i IsTT^^M 2 Mother's going round an old -most odd! (9)
      175 words
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  • EXECUTIVE UFESTTLE
    • Article, Illustration
      An aesthetic journey
      772 12  -  Soh Chee Hui's work is a rich experience of fertile symbols, says bem munroe BEN MUNROE SOH Chee Hui: Recent Works from Birmingham is the second exhibition to grace the walls of the newly opened Caldwell House at Chijmes, and promises to be as aesthetically rich as
      772 words
    • Article, Illustration
      Lock icon America's role model Jimmy Stewart dies at 89
      626 12 PERSONALITY He was every man's hero and every woman's dream, says Bob Hope Reuter HOLLYWOOD was mourning one of its greatest stars yesterday Jimmy Stewart, who portrayed a decent American "everyman" in many of his nearly 80 films. Stewart died of a
      Reuter  -  626 words
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      Page 12 Advertisements Column 1
      229 12 Where to wine, dine and entertain Tun Too« Tiffrt Ar rVc c«o vn v«inci m Cafe de Prince wm a Late night treat! A super supper buffet of congee Chok! and Nasi Padang with JmpQ traditional local kuehs, cheng tng, ice kachang other delicious hot cold desserts. At just SSI
      229 words
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      Page 12 Advertisements Column 2
      68 12 Suspense Intrigue. Decept i on Romance. I 19 7 ffl AA J W*> fflCL^rr^ LIVE Men's Singles Semi-finals, Fri 4 July from Bpm LIVE Ladies' Singles Final, Sat 5 July, 9pm I IV E Men's Singles Final, Sun 6 July, 9pm Delayed Men's Doubles Final, Sun 13 July, 11pm Af.•
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  • COMPANIES & MARKETS
    • Article, Illustration
      SES bans 3 Jumabhoys from directorships in other listed firms
      473 13  -  Hiey failed to install majority of independent directors on Scotts board Byi Conrad Raj [SINGAPORE] The Stock Exchange of Singapore yesterday banned Scotts Holdings directors Ameerali Jumabhoy and his feuding sons Rafiq and Iqbal from further directorships in listed companies.
      473 words
    • Article, Illustration
      Lock icon Li Xin eyes mainboard listing
      385 13  -  Injection monld-iDikflr in EDB's'promising local enterprises' list By 1 Tan Su Yen [SINGAPORE] Injection mould-maker Li Xin Induss tries is gearing up for a listing On the mainboard of the Stock vi Exchange of Singapore in a r* year or so. ,S Chairman William Lim
      FILE PHOTO  -  385 words
    • Article
      Tie-up prospects aside, road ahead bumpy for SingTel
      659 13  -  HOCK LOCK SIEW David Boey A VOLLEY of rumours that Singapore Telecom (SingTel) was about to form an alliance with foreign telcos struck the bourse yet again last week. But after rising steadily all week, Sing Tel shares fell 15 cents to
      659 words
    • Article
      More charges expected in CAM International probe
      329 13  -  Focus expected to be still on dealings with related parties By Conrad Raj [SINGAPORE] More charges are expected to be levelled against various CAM International Holdings parties by the Commercial Affairs Department. This follows CAD's probe into the affairs of ma inboardlisted CAM
      329 words
    • Article
      Le Meridien to manage Singatronics hotel?
      193 13  -  From\ Surinder Singh in Sydney SINGAPORE-listed Singatronics is almost certain to let the Le Meridien Hotel chain manage an Asl2o million (Ssl3o million) hotel it is developing in Sydney. A report in the Australian newspaper yesterday said while details on the terms of the
      193 words
    • COMPANIES
      • Article
        Mesdaq expected to attract more than 100 listings: minister
        313 14  -  New erchan# to be launched aims at hnngting Super Corridor From] Eddie Toh m Kuala Lumpur MORE than a hundred firms are expected to be listed on the new Malaysian Exchange of Securities Dealing and Automated Quotation (Mesdaq), says Deputy Finance
        313 words
      • Article
        Lock icon Manila SEC proposes 'fair play' buyout rule
        253 14 Bloomberg >: J? [MANILA] Philippine regula•f l tors are proposing a rule that ft would require a company seeking to acquire another f?* company to treat all its share- holders equally. ff The rule, which would faise acquisition costs, aims *$o provide important
        Bloomberg  -  253 words
      • Article
        Mirzan Mahathir in MISC deal?
        367 14  -  Diperdana, Konsortinm shares suspended amid talk of stake in MISC Frorn Meera Tharmaratnam in Kuala Lumpur TRADING in shares of transport companies Diperdana Bhd and Konsortium Perkapalan Bhd was suspended yesterday amid speculation that a deal with Malaysian International Shipping Corp (MISC) Bhd was imminent.
        367 words
      • Article
        Lock icon Guangdong Investment acquires 60% stake in carpark venture
        182 14 AFX-Asia [HONGKONG] Guangdong Investment Ltd said it has entered into an agreement in which it will acquire a 60 per cent interest in a joint venture that will own and operate a HKS3BO million (Ss7o million) car park in Wharf Road, Hongkong.
        AFX-Asia  -  182 words
      • Article
        Lock icon Hicom strikes deal on IT venture
        162 14 Bernama [KUALA LUMPUR] Hicom Holdings Bhd has struck a deal with a local IT firm to form a joint venture that develops advanced technologies in operating and application systems for the information technology industry. Hicom said yesterday that the collaboration would provide the means
        Bernama  -  162 words
      • Article
        Lock icon Chartered ties up with Mentor
        130 14 Bloomberg [SINGAPORE] Mentor Graphics Corp of the US said it tied up with Singapore's Chartered Semiconductor Manufacturing Ltd to share technology and cooperate in marketing computer chip designs. The plan is to unite Mentor's library of computer chip designs with Chartered's manufacturing capabilities, Mentor said.
        Bloomberg  -  130 words
      • Article
        Lock icon Gadek Capital prospers thanks to its DRB ties
        529 14 It is a main provider of loans for M'sian Proton car buyers Bloomberg [KUALA LUMPUR] When Malaysians walk into a Proton showroom to buy a car, they're likely to be directed to one of two Gadek Malaysia Bhd units for their financing.
        Bloomberg  -  529 words
      • Article, Illustration
        Lock icon Pipping the Petronas Towers
        45 14 [TOKYO] An artist's rendering of the next world's tallest building the 94-storey, 460-metre-high Shanghai World Financial Centre. The building, to be constructed by Japan's Mori Building Co Ltd Construction in Shanghai's Pudong New Area is to be completed in 2001, REUTER
        REUTER  -  45 words
      • Article
        Lock icon Guthrie development to come with central alarm system
        236 14 Central monitor links houses to police station Bernama [KUALA LUMPUR] Kumpulan Guthrie Bhd will install a central monitoring system (CMS) at the houses and commercial buildings which it is developing. Deputy chairman and chief executive officer Abdul Khalid Ibrahim said yesterday the
        Bernama  -  236 words
      • COMPANY Briefs
        • Article
          Lim Jit Poh is SBS non-exec director
          97 14 [SINGAPORE] SBS has appointed Lum Chang Holdings executive director Lim Jit Poh, 57, as a non-executive director with effect from July 1. Mr Lim replaces Kang Beng Ho, who resigned as director and a member of SBS' audit committee on June 30. SBS
          97 words
        • Article
          Causeway units sell hubricant businesses
          40 14 [SINGAPORE] Industrial equipment supplier Causeway Investments announced yesterday that two of its subsidiaries sold their loss-making lubricant businesses for slightly over $2 million. But this value is subject to adjustments pending a final stock count
          40 words
        • Article
          Thakral (HK)'s appointment
          71 14 [SINGAPORE] Thakral Corporation last night announced that Mark Curtis Blacker has been employed by its principal Hongkong subsidiary, Thakral Corporation (HK) to oversee the management of Beijing Orient Air Service (BOAS). BOAS is 75 per cent owned by Thakral Corporation. Upon his appointment on July 1, Mr
          71 words
        • Article
          Lock icon China Merchants to go on roadshow
          58 14 AFP [HONGKONG] China Merchants Holdings Co Ltd yesterday said it is raising its profile with European institutional investors with a two-week roadshow later this month. The diversified Chinese company, which has two listed subsidiaries in Hongkong and a third in Singapore, said senior management
          AFP  -  58 words
        • Article
          Lock icon RHB Capital's new shares: listing date
          39 14 AFX-Asia [KUALA LUMPUR] RHB Capital Bhd's 21.784 million new shares arising from its acquisition of a 63 per cent equity interest in Straits Assets Holdings Sdn Bhd will be listed on July 7.—AFX-Asia
          AFX-Asia  -  39 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon UK airport operator BAA to buy Duty Free Int'l
        325 15 BAA offering US$24 a share; move will make its duty free business second largest in world Reuter [LONDON] Britain's BAA pic, which operates seven UK airports including London Heathrow and Gatwick, said yesterday that it was expanding its duty free business
        Reuter  -  325 words
      • Article, Illustration
        Lock icon There's nothing like the real thing
        71 15 [NEW DELHI] Refrigerated cold water being served on a road side beneath a large billboard advertising Coca-Cola in New Delhi. Coca-Cola resumed operations in India in 1993 after leaving the country in 1977, when it was ordered to dilute its equity to 40 per
        AFP  -  71 words
      • Article
        Lock icon Lockheed, Northrop plan US$11.6b merger
        232 15 Reuter [BETHESDA, Maryland) Aerospace goliaths Lockheed Martin Corp and Northrop Grumman Corp plan to merge in a deal valued at US$ll.6 billion (5116.5 billion), the companies said yesterday. In a joint press release, they said Northrop shareholders would receive 1.1923 shares of Lockheed for each
        Reuter  -  232 words
      • Article
        Lock icon Raytheon gets qualified nod to buy TI unit
        189 15 AFP [WASHINGTON] The US Justice Department on Wednesday approved a plan by electronics giant Raytheon to acquire the defence arm of Texas Instruments (TI) on condition that Raytheon sell a key TI unit. The US$2.9 billion (554.15) buyout by Raytheon was proposed
        AFP  -  189 words
      • Article
        Lock icon AT&T and Italy's Stet to join forces
        491 15 New venture will strengthen AT&T in overseas markets Bloomberg [NEW YORK] AT&T and Stet SpA-Telecom Italia SpA will jointly sell phone services in Europe and Latin America, bolstering AT&T's international presence against rivals MCI Communications and Sprint. Italy's state phone provider will take
        Bloomberg  -  491 words
    • FINANCE & COMMODITIES
      • Article
        US banks still buying up securities underwriters
        536 16  -  Nationsßank's baying of Montgomery latest in baying spree From. Andrew Marks in New York THE hunting season that US commercial banks declared on securities underwriting firms continues this week, Nationsßank bought San Fran-cisco-based Montgomery Securities for US$l.2 billion (Ssl.7 billion). The buying spree
        536 words
      • Article, Illustration
        Lock icon 'Ricing' to the top
        40 16 [LONGSHENG, China] Two farmers of the Yao minority in the Longsheng district of south-west China's Guangxi Province preparing to plant seedlings in their mountain rice terraces. The terraces produce a very high yield of rice. REUTER
        REUTER  -  40 words
      • Article
        Lock icon CME axes 10% of staff, slashes trading fees
        365 16 Move will save it USsl7m&year, help it compete with OTGs Bloomberg (CHICAGO] The Chicago Mercantile Exchange fired more than 10 per cent of its staff and plans to slash expenses and reduce trading fees in a bid to become more competitive with
        Bloomberg  -  365 words
      • Article
        Lock icon Asian oil firms hope HK trade policies stay unchanged
        296 16 Reuter [SINGAPORE] Asian oil companies hope oil trade policies in Hongkong will stay unchanged with its return to China, traders said yesterday. "We hope that the status quo will remain as long as possible," said a trader at a European oil
        Reuter  -  296 words
      • Article
        Lock icon Fuji Bank, Yasuda Trust to bolster ties
        366 16 Bloomberg [TOKYO] Fuji Bank Ltd is strengthening ties with an affiliated bank and insurance company, in what analysts said may signal a move by Japanese financial companies to bolster alliances as deregulation looms. Fuji, one of the country's largest banks, is considering buying
        Bloomberg  -  366 words
      • Article
        Lock icon Euroyen up on recovery comments
        254 16 SIMRX Report Reuter [SINGAPORE] Simex Euroyen futures rose yesterday on assurances by Japanese officials that the economy is enroute to a gradual recovery. "The three ministries did not say anything new but what they said was enough to reassure the market Japan is enroute to
        Reuter  -  254 words
      • Article
        Futures narrowly traded in thin volume
        160 16  -  MSCI TAIWAN FUTURES By Perry Gilbert By Perry Gilbert, vice-presi-dent, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Index futures traded in a narrow range yesterday with a low turnover. Buying in the July contract emerged at -5.5 points discount to the MSCI
        160 words
      • Article
        Lock icon Green rules add to Euro refiners' woes
        210 16 ENERGY REPORT Reuter [LONDON] Europe's ailing oil refineries, reeling from poor returns on investment, face more closures and billions of dollars in fresh costs from tough European Union plans to cut vehicle emissions, industry analysts say. European Union ministers meeting in Luxembourg last
        Reuter  -  210 words
      • Article
        Lock icon CURRENCY REPORT
        287 16 Reuter, AFP T THE US dollar eased a bit after the announcement of US employment figures, as the jobless rate came in a bit higher than expected. At 1255 GMT, the dollar was at 1.7510 marks against 1.7536 just before the announcement and 1.7550 on Wednesday. It stood
        Reuter,; AFP  -  287 words
      • Article, Illustration
        Untitled
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        1,328 words
    • Article
      COMMODITY PRICES
      1516 17 SI COM FUTURES Jul 03 11 RUM&t (tvturts cloiffQ <s it 5 30pm> BS1C0NTtACT<$c«rti/*) dot* *olMM OfM mm w» iw mt (twwii inwtt A0997 ***** MM Sep 97 ***** 06.79 06.25 ISO T7«5 Oct 97 145.00 MtOO 140.00 390 1790 MOV 97 145.50 142.00 MU0 190 1750 Ok
      1,516 words
    • Article
      WORLD STOCK MARKETS
      2018 17 LONDON j«I 31 Croup 313.400 *4.400 AS Ports 253 -2.400 AMey National 896.400 34.400 AModOomecq 434 *7 Amec 141.400 6 Aldo Croup 134.200 9.200 BATInd 555.600 6.200 BCPIe 238 9 WCC WO 1.600 BOC Croup 1062.400 -6 BR Petroleum 777.200 *14^00 ■TP 202.400 -12 Bonk o< Scotland
      2,018 words
    • Article
      Lock icon TOKYO
      1583 17 AFP Qwikkaaas -mm SHARE prices eased yesterday as foreign investors sold electrical and high-tech issues while reevaluating strategy after a half year of active buying, brokers said. "Foreign Investors are cashing in their gains after being active buyers here up to June/' a broker said. "Institutional investors and dealers
      AFP ,  -  1,583 words
    • Article, Illustration
      Lock icon HONGKONG
      1626 18 Bloomberg Q Hug Sen* -14L06 SHARES fell yesterday, opening the era of Chinese rule with their biggest drop in three weeks. Cheung Kong and Sun Hung Kai Properties, the two biggest developers, took the most off the index on concern the new government will impose tough measures to curb
      Bloomberg  -  1,626 words
    • Article, Illustration
      Lock icon CHINA
      659 18 Reuter QShenzhenßlndex -&.75 THE Shenzhen B share market plunged yesterday, following steep falls on the A share market triggered by rumours of more plans from Beijing to rein in the markets. The B Index fell 8.75 points to 135.97 on turnover of HK$53 million. The A Index lost 41.15
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  659 words
    • Article
      Lock icon TAIPEI
      396 18 AFP QwPlnfax +30J1 INVESTORS hunted for bar-gain-priced electrical issues yesterday and boosted the stock market by 0.3 per cent, brokers said. "Following yesterday's losses, electricals attracted buying interest among bargain hunters," said a trader. The Weighted Price Index rose 30.91 points to 9,027.63. Turnover was 2.34 billion shares worth
      AFP  -  396 words
    • Article
      Lock icon WELLINGTON
      266 18 Reuter Q Wellington +2152 THE share market thumbed its nose at a major sell-off in debt markets to close at another record high yesterday. The NZSE-40 Capital Index closed at 2,519.68, up 26.52 points. mi n *f- rmm ANZ Banking 11.00 0.10 ***** Advantages HMgs 1.07 unch ***** Air
      Reuter  -  266 words
    • Article, Illustration
      Lock icon BANGKOK
      862 18 AFP HSETMg *MJ» SHARE prices jumped 8.6 per cent yesterday on a foreign-led buying spree on the second day of trading following the surprise float of the Thai baht and its ensuing plunge. Dealers said foreign investors who had pulled out of the bourse in anticipation of a devaluation
      AFP  -  862 words
    • Article
      Lock icon SEOUL
      407 18 Bloomberg n Composite Index -2*03 STOCKS fell yesterday, led by contractors with dismal earnings prospects. Brokerages also fell on concern their profit outlook does not justify recent rallies. The Composite Index fell 2.03 points to 775.26. Losers beat gainers by 414 to 354. Volume was 51 million shares. Hyundai
      Bloomberg  -  407 words
    • Article
      Lock icon SYDNEY
      602 18 AFP []ADOriittriM -10 SHARES eased 0.1 per cent yesterday, with brokers reporting some profit-taking in key stocks after a bullish run on the bourse in recent days. The All Ordinaries Index fell 3.0 points to 2,742.9. Turnover was 354.2 million shares worth A 5953.5 million. Diversified miner Rio Tinto
      AFP  -  602 words
    • Article, Illustration
      Lock icon JAKARTA
      754 18 AFP Qc*u{Kwita lain +&34 SHARE prices climbed 0.7 per cent yesterday to a record close on late gains in Telkom and Indosat and amid fading fears about the regional impact of the Thai baht float. "I think the index was lifted up by a last minute trade in Telkom,"
      AFP  -  754 words
    • Article
      Lock icon MANILA
      298 18 AFP □Manik -2147 SHARE prices fell yesterday amid caution following the float of the Thai baht the previous day, brokers said. The PSE Composite Index fell 22.47 points to 2,742.42. Turnover was 5.5 billion shares worth 1.6 billion pesos. San Miguel Corp's A shares slipped 0.50 peso to 41.50
      AFP  -  298 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        7961 19 mil mm CoMMMf protects 1997 Lilt Vo4 Day Mat Cap High Ln Company Sat* '000 HI* Low P/E Smil 790 560 Ajlnomato 600 33.2 2432 448 293 Angkasa 316 unch 5 316 3)6 9.4 465.9 90S 610 ApoMo Food Hlq 670 unch 10 685 665 268.0 428 189 Bartayalnd 237
        7,961 words
      • Article, Illustration
        Lock icon Foreign funds sell Genting shares
        545 19 AFX-Asia Q Composite Index 427 SHARE prices closed lower yesterday, led by foreign accounts selling Genting, but last minute local support for May bank and Sime Darby helped cap further falls, dealers said. The KLSE Composite Index closed down 4.27 points at 1,080.61. The Emas
        AFX-Asia  -  545 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3427 20 ■on* mars 6,*M«Mitt lOOT Lm< V«l Day Laal Oaata A«« Hm> Law Ma* CMH*f M *f- (-000) M* Lnr 6uyar Mhr Mm 66 44.3 m 3000 m AM06 HIMWM 44 44.3 67 4t3 3160 Acar #*****1US3 32 unch 2 32 32 32 33 at 70 3164 Acma #*****4 70.3 -OS
        3,427 words
      • Article
        Strong chance of Clipsal warrant taking off after stock runs up
        178 20  -  WARRANT WATCH By Ven Sreenivasan THE stock of electrical wiring accessories specialist, Clipsal Industries, soared to a high of US$3.9O yesterday before closing with a net gain of 16 US cents at US$3.B2. But its warrant ended the day
        178 words
    • Article
      CLOB INTERNATIONAL
      1945 20 Of Or 199T LMt VI Day koo« Quote Ok Ok YH M M Cop Hm> L— ttoo Cimpwy Stio *h COOP) HI0I U» >gr OoOw Cw P/l tw* 470 296 mi 5000 AISOSOc 302 -4 5 304 302 290 304 U it OJ 62.9 309 8 137 073
      1,945 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1513 21 TUVNOVU COOO) Mi*» cm r*m wmw cm t«w Mustrt* 74J0S >2,709 84,9V* SMS* K»» 1»M0g Flnanc* 4,232 4,306 8,534 40,355 7,725 48,079 H*M$ 2.602 17» t78» 4.732 302 3.034 6,625 2.009 8,634 ***** 2J73 32.650 Mwttatton 549 549 U76 U74 Mtntno »2 t52 212 212 M.W 3.729 3,007 6.736 2.456
        1,513 words
      • Article
        Untitled
        203 22 Tya Soon 10c 13,294,000 TlMlkl Zkon« 8,901,000 MftoMrtlOc 6,450,000 TACK***** 5,420,000 Hun HsMJS20c 4,499,000 Nil UM 10c 2,788,000 ViafcrHorst 2,419,000 NmToyo25c 2,393,000 tMpHaR 2.334,000 OfcMNUSk 1.990,000 Stodn TACR10 200 28.370,392 SlAFarrign 25,725,725 0C1C Foreign 12,266,870 U08 Foreign 11,000,926 TtojtaZlMMf 10,146,020 CXy Orr 50c 8.044,228 Tya Soon »c 7,274,115 Raffias HadlOc
        203 words
      • Article, Illustration
        HOT STOCK
        59 22  -  -bf Ven Sreenivasan CLIPSAL INDUSTRIES has been going through a rally of sorts in recent days. The counter closed with a l&cent gain at US$3.B2 yesterday. Its RSI is neutral and the stock has support at just below US$3.BO. But its attempts to make it to higher ground
        59 words
      • Article, Illustration
        Stocks drift downward to close at 2 ½ -year low
        652 22  - Stocks drift downward to close at 2 -year low STOOXMJJUBT COMMENTARY This is despite the Dew's second highest ever close on Wednesday as the Federal Reserve leaves US rates unchanged By Ven Sreenivasan [SINGAPORE] Stocks continued to drift south yesterday with the Straits Times Industrials Index closing at its lowest
        652 words
      • ON THE GRAPEVINE
        • Article
          Tung needs a slumber party now
          123 22 TUNG CHEE-HWA's eye-bags would certainly be a caricaturist's delight. These days, they are getting more prominent because of lack of sleep after almost 36 hours of non-stop ceremonies and celebrations during the Hongkong handover. Which led one wit to remark: "You can actually place
          123 words
        • Article
          Handover hot air
          60 22 IT LOOKED a bit odd. The Union Jack and Hongkong flags were fluttering smartly in the cavernous and air-conditioned Grand Hall where the handover ceremony of Hongkong took place. The organisers, it seemed, realised that limpid flags wouldn't have made for good photos. So they had thoughtfully
          60 words
        • Article
          Barely after handover
          143 22 A DAY after the British stepped down as masters of Hongkong, an American teacher who ran naked through the streets of Wanchai to celebrate the handover became the first person sentenced by a court under Chinese rule. According to the Agence France Presse, Kendall McKibben, 24, was
          143 words
        • Article
          Change the channel
          52 22 CNN probably wins the award for saying one of the dumbest thingi during their live coverage of Hongkong's return to China. At one point anchorman Bernard Shaw said: "So Hongkong returns to China... and not a shot was fired." Someone should have told Mr Shaw he wasnt
          52 words
        • Article
          The great cabbie chicken rice drive-in
          99 22 fi vbk naa trouDie nawng ror a cao? Try waving some chicken rice next time. The Royal Crowne Plaza (formerly Holiday Inn) had a great chicken rice giveaway for cabbies at their entrance, to familiarise the 1 populace with their newname. According to a
          99 words
    • Article
      MAIN BOARD
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      4,661 words
    • Article
      SESDAQ
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      1,108 words
  • Page 13 Advertisements
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      32 13 The World's most luxurious bedlinens m W -m WM w mm i „-.'i Jy Mm- m 30 June -19 July 1997 #01-07 The Promenade, 300 Orchard Road, Singapore 0923 Tel: 737 2389
      32 words
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      152 14 Coog 1997 Budget Seminar BALLROOM 1 LEVEL 1 THE ORIENTAL SINGAPORE 2JO PM TO 5.00 PM FRIDAY, 18 JULY 1997 The 1997 Singapore Budget will be unveiled on 11 July 1997. How will the Budget affect you and your business? How can you take advantage of the Budget proposals to
      152 words
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      169 15 SHELL COMPANIES W Volf/M 1 N SINGAPORE B I ARE RELOCATING TO SHELL HOUSE feKNM ifiAit i jij iBJB #rtffr v r 1 i iPPI IS m J i H i. isi 1 sifJif pi' |i if ipf|{ i rlifl: 5! ift:- IP I! BMi $gj 'Hjfe ::?|U L 55=1
      169 words
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      92 18 m Authorized dealers Jk /W INTRODUCING THE MOVAOO VIZIO: /VIUV/\ LHJ a postmooein perspehive on time. Chew Cheong Watch Centre Deluxe Eastern Watch Mm m P f J Th« Mowado Vizio International Watch m >„ 71 Solid stainless steel Of steel/18K gofcl Tel 533 0964 I f A J Scratch-proof
      92 words
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      29 20 SFor real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. I Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      29 words
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      304 22 BUSINESS Notices To advertise call toll-free 1800-*****83 Of THE MATTER OP THK OOMPAMES ACT, chapter so AND IN THE MATTER OP FAULDNWURE PTE LTD 0N LIQUIDATION) FINAL MEETINQ NOTICE 13 HEREBY QIVEN, pursuant to Soction 308 of tho Companlaa Act, Chaptar 50, *?Mt tha final maatlng of tha mam bar*
      304 words
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      Page 22 Advertisements Column 2
      358 22 r THECOMP AMESACT CHAPTERS* SECTION 188P)|H WTMormoumoN mm <IMI VOLUNTARY UQWOAHON) At an Extraordinary Qanarai Maatlng of Oautacha Morgan QranM Laaabtg Pla Ud hald at 20 RaNaa Plaoa, #2601 Ocaan Towara, Singapora *****0 on 9w 288) day d Juna 1997,9 m folowing apodal raaofutiona watt duly ptMKfcRESOLVED. 1. Thd tha
      358 words
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      Page 22 Advertisements Column 3
      347 22 f THE COMPAMOS CHAPTER 8* SECTION 2*B(2Mb) NOTICO OF OOOOUinON VOLUNTAMYUOUBATION) At an Extraordinary Oanaral I Jn am MMiing of MOfya/i vifaorau (Aaia) Umttad haM at 20 RaMaa Plaoa. #26-01 Ocaan Towara, Bingapora 048*20 on 9ta 27*t day of Juna 19*7, tha toaowlng apacM naoiudofw wm duly RESOLVED 1. That
      347 words
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      Page 22 Advertisements Column 4
      425 22 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO NIO BOON LYI (PTE)LTD (In Mambara' Voluntary Liquidation) At an Extraordinary Qanarai Maatlnfl of tho Company duly corrvanad and haid at 87 Club Strad Singapora *****5 on Mw 30th day of Juno 19*7 tho following SpodaJ Raaokitiona wara duly paaaad.
      425 words
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      Page 22 Advertisements Column 5
      916 22 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 PROMENADE HOLDINGS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN thai the creditor* of the Company are required on or before 4<h August *****0 tend in their names and addresses and the particulars of their debts or claims and
      916 words
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      Page 22 Advertisements Column 6
      763 22 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao. IN THE MATTER OF THE COMPANIES ACT. CHAPTER 5# PROMENADE HOLDINGS PTE LTD IN MEMRERS' VOLUNTARY LIQUIDATION Al an Extraordinary General Meeting
      763 words
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      Page 22 Advertisements Column 7
      316 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO ANO IN THE MATTER OF EXXON TRADMQ ASIA PACIFIC PRIVATE LMNTED (MEMBERS' VOLUNTARY WINDING UP) At an Ejdiaonflnary Ganaral Maating of ttta abovenamed Company deamed to haa baan hald on Thuraday, M Jwna IM7 at MO am. Iha fotowlng raanMiooi wara
      316 words
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      Page 22 Advertisements Column 8
      137 22 I LEGAL s »sa't b« I6NOMNT ikiit LAW. kin fssr RlOdfSi Our hotline offers you a one-stop service to gain quick access to topics you've always wanted to know. Simply call the hotline enter the 6-digit code. You can also get a quick estimate of your legal fees in a
      137 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      284 23 Reuter The Baltic Freight Index ...for spot dry cargo shipping rates rose to 1,334 on Wednesday. fixtures TAMKBR& World crude tanker rates were mixed alter quiet trading on -Wednesday, with many markets feeling the pinch from a supply and demand -imbalance, brokers said. Mideast/West rates stood unchanged around
      Reuter  -  284 words
    • Article
      MARITIME STOCKS
      232 23 *n u *t Vm uneh n MMU* 049 undi 93 mmmm 0.73s undi HtfSun Mu» _LOI undi 122 «M»W.— 0.70 undi n MCHMhfi HKS40 J 0.97 MM* 3 Jwr*nq SNpyard tM *009 195 NM»3c«f» 020 -as «s M99dFtL9 4.74 -0J0 41 IkWlMM U4 undi 29 uwum am -ooos
      232 words
    • Article, Illustration
      Lock icon Japan swings into action as spill reaches shores
      570 23 OIL SPILL V TOKYO BAT It's just one-tenth the size previously estimated, say Reuter [YOKOHAMA] The oil spill from a supertanker reached the shores of Tokyo Bay yesterday just as Japanese government officials said that the spill was just one-tenth the size
      Reuter; REUTER  -  570 words
    • Article
      Spill can be cleared in a matter of days: consultant
      292 23  -  By. Felix Chan [SINGAPORE] The oil spill from the grounding of Diamond Grace in Tokyo Bay would be cleared "in a matter of days", an oil spill consultant said yesterday. Capt Shigeto Oguri, managing director of International Marine Consultancy, estimates
      292 words
    • Article
      Court rules insurance firm must pay shipowner for loss of vessel
      703 23  -  ADMIRALTY CASEBOOK By Selva Kumar THE English Court of Appeal has held that a marine insurance company cannot avoid paying out on a policy merely by alleging that the shipowner ought to have known that its ship was unseaworthy.
      703 words
    • Article
      Royal Caribbean to buy Celebrity for US$515m
      352 23  -  Offer raised by USslsm after rival bid from Carnival By Marcus Hand (SINGAPORE] Royal Caribbean Cruises has agreed to buy Celebrity Cruises for US$5l5 million (*****.3 million) from Overseas Shipholding Group and the Chandris Group. According to a Reuters report Royal Caribbean increased
      352 words
    • Article
      Los Angeles port to upgrade facilities
      206 23 [SINGAPORE] The Port of Los Angeles is to use the bulk of its US$366 million (*****.7 million) budget for the year on capital projects to improve the port's infrastructure. Construction will continue on major projects in progress including Phase II of a pier dredging
      206 words
    • Article
      Lock icon Bethlehem extends deadline for shipyard sale to July 14
      295 23 Bloomberg (BALTIMORE, Maryland] Bethlehem Steel Corp said it extended by two weeks the deadline for completing the sale of its Baltimore shipyard to a group led by Baltimore Orioles baseball team owner Peter Angelos. Last year, Bethlehem Steel said it would
      Bloomberg  -  295 words
    • PORT Shots
      • Article
        Lock icon MOL sets up regional units
        63 23 American Shipper [TOKYO] Mitsui OSK Lines has established three regional units in Hongkong and Concord, California, to take over trade management, marketing and pricing of several of the company's liner units. A new entity named Trade Management Office for Asia-North America, at the Concord office
        American Shipper  -  63 words
      • Article
        Pertamina signs deal to ship LNG
        79 23 [JAKARTA] Indonesia's state-owned oil and gas company PT Perusahaan Pertambangan Minyak dan Gas Bumi Negara (Pertamina) said it had signed a deal with Faraway Maritime Shipping company to ship liquefied natural gas (LNG). A statement said that the 18-year charter deal, signed in Bali,
        79 words
      • Article
        Lock icon Aseco, Paul Guenther form venture
        48 23 AFP American Shipper [ODLOJ Aseco International, owned by Safinarine and CMBT Lines, and Paul Guenther, the independent liner agent, have joined forces in Denmark, creating a new joint venture which will be one of the biggest independent shipping agencies in the country.—American Shipper
        AFP; American Shipper  -  48 words
      • Article
        Lock icon Nordana to continue without TMG
        54 23 American Shipper Nordana Line says it will continue its service linking the Mediterranean with the Caribbean and Venezuela after the breakup of the line's joint service with Transportacion Maritima Grancolombiana. Nordana and TMG have operated the service since 1996. Nordana will employ two multipurpose ships
        American Shipper  -  54 words
    • Article, Illustration
      Lock icon New life for China's artery
      999 24  -  OHXMA SBZPPZMO: YANGTZE RIVER With the Three Gorges Dam under construction, China is preparing for increased shipping up and down the river By Matthew Flynn Maritime Asia THE Yangtze River often stirs romantic images of the potential for a tremendous riverine cargo artery running miles
      Maritime Asia  -  999 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      383 24 PAGE Famous 7 A£l 13 TanMt 13 AM. J FoongSun 8 AMc U MIMU 13 C Accord 8 Frt World 13 Ahrenkiel 13 CLM 4 A**nstap S Gewartrans 16 Astro 3 GeflVtpo 9 Austral 9 Glory Hav 13 Avant 6 GoMm 8 8
      383 words
    • Article
      SHIPPING GUIDE
      13862 32 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartlsar Vnid Voyaga TaMpftona ETA ETA Advarttsar V«m4 Voyaga TMiptiom I SIN Dwl-n Nama N»nt Numftf NwnOar SLa^SSj^»i|!SLie«h«ii»«iI»SiB«MWMM»««£lSS^ 10/07 29/07 MOL NEDLLOYD ASIA Jin *S-2200*« 1 A O/0T 21/07 OOCL NEDLLOYD ASIA S277 *5-*****0 IAUII* lAMUt 9fUU w «w twrifHti E. GRAND 0033-0*3W
      13,862 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        611 39 Vgwt Voy No Btfth Arrival Doparturo Um i*y« *«3 JWW1 "SlT ttaafsMt OJ07£300 Sjnodhunnori 67 JH 04.07/2300 MmM* W62 J07 ttonqudt 04.07/2 J00 M Pai *07% *****7 JOI to** 123 J06 .tonqjid. M.07/2300 HMdvDrMon 28 J23 Ikxiqsid* 05.07/0600 Zu ***** JI3 MongMh *.07/0700 9704 JB 0407/0600 H 2507
        611 words
      • Article
        CONTAINER SCHEDULES
        1599 39 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CARGO Bookln|/MMCt Rst!» SMp Voy No Etb/Btr Nrtod From To fro* it. Ihi 0949 04/2391 M 03/BM 03/H5* OVJWO w a ovttoc 04/0*54 i>vo*« M/O TOO 04/185 04/WM I 2$s s J free'00 04/H54 54,1400 4 O4/0M 04/W» #vmo 0 7
        1,599 words
      • Article
        GLOBAL HOLIDAY
        205 39 Jul 4 Iran (tentative) death of Prophet Mohammad. United States: Independence Day. Zambia: Heroes Day. Jalß Czech Republic: St Cyril and Methodius Day. Slovakia St Cyril and Methodius Day. Venezuela: Independence Day. Zambia Unity Day. Jal« Czech Republic: Jan Hus Day. Lithuania Crowning of Mindaugas. Day of Statehood.
        205 words
      • Article
        COCKETT BUNKER MARKET REPORT
        856 39 THIS report, compiled by Cockett Marine Oil Ltd. thowt price r»nge» In US dollars Instead of tingle price* for a more comprehensive description of the market Price* shown are baaed on averagesiaed stem Market movements are Indicated. The Cockett Bunker Price Index change and the Individual
        856 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        310 39 Cart* MO Max 992.9 0 J B.1 0.00 T5 0.07 Water KasMat Ash MnUm MhMl Ho abort E2S 1 0 0 0 0 0 £■2* 522———== mo am mi 02 cj 0.07 o.« to* 300 Mi* Mi U» I7J 0.12 M 0.09 xOrl »w/f «H/H «M/M
        310 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Seoul's presidential office to push ahead with train project
        277 40 AFP [SEOUL] South Korea's powerful presidential office has declared it would take a dominant role in completing the country's tattered high-speed railroad project using French technology. The presidential office said a new intra-agency task force would be launched shortly under its
        AFP  -  277 words
      • Article, Illustration
        Lock icon Bound for Hongkong
        58 40 {FRANKFURT] Chinese engineer Wing Chiu Kanongkong peering from a brand-new airport shuttle train developed for Hongkong in Germany. The train, reaching a speed of 135km/h, is developed jointly by German ADtranz Deutschland and Spanish CAF. It consists of seven wagons with 64 seats and 327 standing places.
        AFP  -  58 words
      • Article
        Lock icon Japan buys record US$22.7b US car parts, up 8.1%
        280 40 Purchases of European Unionmade car parts also increase Reuter [TOKYO] The Japan Automobile Manufacturers' Association (Jama) said yesterday that purchases of US car parts by Japanese vehicle makers rose to a record U5522.74 billion (5532.3 billion) in the year that ended
        Reuter  -  280 words
      • Article, Illustration
        P&W to set up regional office in S'pore by year-end
        499 40  -  USjet engine maker aims to build op presence in Asia-Pacific By: Felix Chan [SINGAPORE] Pratt Whitney (P&W) aims to build up its presence in the Asia-Pacific and will be setting up a regional office in Singapore by the end of
        499 words
      • Article
        Lock icon S Korea reopens bridge that killed 32 commuters
        249 40 AFP [SEOUL] South Korea reopened yesterday a bridge that collapsed and killed 32 commuters more than two years ago, vowing never to let such disastrous accident happen again. "We deeply hope that such tragedy such as the Songsu bridge will never ever
        AFP  -  249 words
      • Article
        Lock icon Pentagon expects Boeing merger to result in savings
        228 40 AFP (WASHINGTON] The BoeingMcDonnell Douglas merger is expected to result in savings for the US military without affecting competition among makers of fighter aircraft, the Pentagon said on Tuesday. The Pentagon's blessing was a crucial step in the Federal Trade Commission's decision
        AFP  -  228 words
      • Article
        Lock icon Garuda offers stake to KLM,BA, Lufthansa: report
        163 40 AFX-Asia [AMSTERDAM] PT Garuda Indonesia has offered KLM Royal Dutch Airlines NV, British Airways pic and Deutsche Lufthansa AG a stake of up to 25 per cent in its capital, Dutch television news service Teletekst reported. The report said Garuda is seeking a
        AFX-Asia  -  163 words
      • Article
        Lock icon Tata to launch second station wagon: report
        172 40 AFP [BOMBAY] India's Tata business group plans to launch a second station wagon for the domestic and export markets following the runaway success of a model launched more than two years ago, newspapers here reported. The Economic Times newspaper said the Safari would
        AFP  -  172 words
      • Article
        Lock icon Kia's Asia Motors union agrees to cut 1,447 jobs
        175 40 Bloomberg [SEOUL] Asia Motors Co, a bus and truck manufacturer owned by cash-strapped Kia Group, win cut almost a fifth of its workforce to improve its finances. Labour unions agreed with management to cut a total of 1,447 employees, or 18.6
        Bloomberg  -  175 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1427 40 CITY FLIGHT ETA FLIGHT ETO J|895 2150 MI896 1815 Abu Dhabi GA890 0015 Helsinki AY97 1335 AY98 2135 Adelaide S0230 1030 MthMm ***** *55 S0978 0130 Amsterdam S0327 0750 GA890 0015 HoCWHtoh V*741 1310 VW742 0850 KL837 1455 KL844 0040 S0171 1420 S0172 0930 KL838 2300
        1,427 words
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      Page 24 Advertisements Column 1
      1171 24 WOW I OTHER DfSTINATtOHS I iMmyommeoMt Vgsa VOT IroaNlnPSll IAOAHVasiAMIHWOKMr ■BCOOTT w vot j m |ptoMTUi|KAAnu|wtMoa* [mbmvotm |u»iot«io [utauac" noiimt smsm w/07 10/07 n/v v/v »/v u/07 w/07 20/07 jo/w ii/w Mrn W SK"" 0 E £2 ISS ISS- S4WSI4 u/i7 ii/w 11/ M m/m m/m u/n m/m OS/M m/m
      1,171 words
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      Page 24 Advertisements Column 2
      624 24 linM 4 MrvtcM rapraMntod iwg«V byM<inbwotll)>n> i |>|l y°* M mb ,,o "h* UHfisKy AocrKflM Shipping Agarits, SlfiJ Singapore Frsight Forwarders' S-pof N—onl Sh»pwg Awoc Aaaoctation. JK Speedy 3 and Quality Service to CALCUTTA EXPORT 3 x Japan -2 x Hongkong -1 x ManfejJ x Koa«hiunfr K—lung lAcaping FQ. to
      624 words
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      Page 25 Advertisements Column 1
      1083 25 TO EUROPE FROM EUROPE Ivesa wy sm ini ham mv sou iaT I vtssa voy mm nam «v sou in m sm~| nbuoyoasia 5277 10/07 si/oz w/o; 02/00 m 215; is/oo 17/0* 20/0* 21/00 00/07 ■M 1177 11/07 17/07 20/07 01/00 02/00 BM 4257 21/01 10/0* U/M 17/00 00/07 OOQ
      1,083 words
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      Page 25 Advertisements Column 2
      2176 25 (g) HANJIN SHIPPING iuknab/voy oab m su pro m i» Toi sff im m. inn imm i oos ink iob |tvv tyi m mm| H. SAH HMMCBCO 0041 W/07 N/07 M/ 17 M/ 07 25/17 27/07 27/07 20/07 M/ 07 20/07 M/ 07 20/07 20/07 01/N M/ 07 |M/ 07
      2,176 words
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      Page 25 Advertisements Column 3
      99 25 ORIENT EXPRESS UNES (U.K.) LIMITED llSt.i, (MANAGER FOR SHREYAS SHIPPING UMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VBSa VOY SWCAPOtI IOMMY YISSII VOY WMH SUGAfOff MEGHNA 826 07/07 15/07 MSGHNA 825 25/06 06/07 NORDKAP 413 11/07 19/07 NORDKAP 412 29/06 11/07 JUTHA PARtCHART 004 13/07 22/07 JUTHA PARICKART 003 02/07 13/07 NUPTSE
      99 words
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      Page 26 Advertisements Column 1
      1305 26 <Sr DSRSENATOR jmß Round the World Container Services TOUK/CONTPqCNT FROM UK/CONTINjENT vagi 1 vot ww wjiT 1 wo— )wj labt llvtwa I wt~ m* ww nw nam m_ m_ cnoymmvoua Urm STT "HsT "STB" "55" m m mm QKntm aunty am mm mm iim un mm m.n PUOOHO SENATOR WM7M
      1,305 words
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      Page 26 Advertisements Column 2
      853 26 I NOR ASIA I vessel VOV ISB OOA LAS bcl val alo rot mx ant fel lna MIC IMMNT 9725-3 IM7 2S*7 24*7 28*7 Ml M 7 Ml S7M SIM KM 31/17 NOR KB. 9727-3 18*7 SIM 31*7 Ml 12M 13M MM 14M I7M MM MM MSCSOPHK 9728-3 23*7 MM
      853 words
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      Page 26 Advertisements Column 3
      550 26 feIJESSILTON UNI Wr A mi SlilMl MX> 2191*37 vbsii voy fro ru vrssa vor rm ru spom wiu srau in tfMGUXY VIM/97 07/07 10/07 —HOB *o*/V 00/07 W/07 Amaorr viti/w 15/07 11/07 onaanr vi/i/»715/07 n/v jnosrai vi«i/»7 iV«V MM vim/97 19/07 23/07 tfttGUXT VIM/97 24/07 27/07 APttOOOT VIM/97 24/07 */07
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      Page 27 Advertisements Column 1
      1175 27 IVWBL VOV I WW POU PKQ P9N M.W BA WK IRAN NABUVAT PJL-1243 12/07/97 14/07/97 23/07/97 2C/07/97 MAN MEELAD PJL-1238 30/06/97 i*®!*! 11A>7/97 MAN QHCYAMAT PJL-1238 21/09/97 ?1/07/97 MANYAIMN PJL-1226 10/09/97 20/09/97 ACCEPTING FULL CONTAINER SHIPMENTS TO INLANO POINTS IN IRAN A CIS COUNTRIES I.E. AZARIAUAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN.
      1,175 words
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      Page 27 Advertisements Column 2
      1440 27 I SMGAPORf'S SOCIAL AGBITS: ftSNBfTOMMIT TH: 22t 19M FAX: 22*2201 OUTOMID (l/l) 42t5lt2JOHOK OFFICE: COSTIR SRimH Ffl lID SAIiS/IKGS 4205*41/43 INWARD KPT (D/Q) *****15 COSTII MINCIIS SDN MD g MOt IITITWif TOWBIWOmmf) CONVtNTIONAI 4MSIM/SS T/SHHWDfTT 42>5t25 TH: *****5 MI**HUL W-t715M17> ISL/W f»~n« 9H m «o m m m w* mm
      1,440 words
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      Page 27 Advertisements Column 3
      451 27 /7# PERKAPALAN DAI ZHUN jf if TONGJOO SHIPPING PTE LTD CR NO; **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 /ncamt rmsrnjuan/ muivk+momnmm Al wocMamm+mam~~2 OHO ***** 47/47 3 GUOO 9754 14/ V I 6MOCK 4715 44/47 I am 1757 N/17 GITON6 9713 11/17 I HjW|
      451 words
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      Page 28 Advertisements Column 1
      1165 28 ■jms I > ran ROM ANW M W IB UN LHV THf RDM AIM HM PKL MP E REWAfIO RW-524 M 7 2M7 M*7 21*7 21*7 2t*7 M*7 I. MiIMM 0«M 11M I** JJ£ "J*? E RI6HT RW-m IM7 MM MM M2/M MM MM MM I. Z-. IZ£ 1!5! ~Z„
      1,165 words
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      Page 28 Advertisements Column 2
      1014 28 vusa VOTMf StrMJUtNMMIMIWTUI VTSSE VOYAGf DM JM MU BM MM S«P JNCKOU 0443-039W 10*7 20*7 71*7 21*7 73/07 71/07 N/07 UN OUT MHO* 77/04 77/04 73/04 74/04 75/04 07/X7 IuNOMNO 0444 Mo* 17/07 27*7 27*7 2OT 21*7 3C*7 2M17 31/07 UM ClO** 0440-041E 21*4 71/0* 30/0* 01/07 17/07 14/07 I
      1,014 words
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      Page 28 Advertisements Column 3
      387 28 nantailine] FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vtssa I vot I an rui I out err mmifMKESS 01SS M 7 w ti/l? mm Qua wis \w mi 30/o; n/w jymiWKE Pits 27/87 10/01 14/04 mroiwws pis u/m ii/w wm ?i/m nom PUS 14/ M tS/OI 2t/N 02/W MIHIWKBS tic
      387 words
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      Page 29 Advertisements Column 1
      672 29 I BSfl .L M MYANMA vSBBk FIVE STAR UNE (Myoaiaar National Um) w loading for Yangon (Roogooo) msa voy sin hg m feu PAGAN 144W UO PAIMEM 141W INPT MALAYSIA AUNTS: IOUSTIAD SHIPPING AGENOfS KUL Til 01-03-*****00 PKL IB 02-03-37*4101 Pdt: TO 02-04-*****02 PGD: 1H 02-07-*****21/4 BANK LINE (A sorvkt
      672 words
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      Page 29 Advertisements Column 2
      1083 29 HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****02 IBM ffi JS; }3/o7 2™ "h SXj 24/47 24%—] HY EBPEIOa 34»W n M M/M 01/04 44/40 HY GENERAI 144W 13/47 »/47 31/47 42/44 42/44 n/m N/H NY OMB 304W 20/47 04/00 07/40 44/44 44/40 HY COMMODORE 107W 27/47 13/00
      1,083 words
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      Page 29 Advertisements Column 3
      543 29 —o rfc FAMOUS CONTAINER LINES Jfe 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 LINES) Twice Sailing To UNITED KINGDOM siSrUVND? C g^EUXpOWE f SDMTH^fIIFTON DIRECT SAILING TO SOUTHAMPTON FELIXSTOWE Please call for FAMOUS MOLLY I *****33 P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH: 0204/*****7 (10 LINES)
      543 words
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      Page 30 Advertisements Column 1
      908 30 ■AMQKOK PJ KILANQ VESSEL VOY SIN BKK VESSEL VOY SW PKL_ NANTA BHUM "W" Sat o*o7 Tu. OM7 B-MAS ENAM 7517 "~Frt~ 04/07 Sun o*o7 ISS-£— "555? WS~"ossr JAWUBHUM 7361 Son 06/07 Mon__o7/07 VANTRABHUM ±2 251 =5- =^r B.MAS ENAM 7519 Mon 07/07 Mtad 09/07 AMAH BHUM 73N Sun 08/07
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      Page 30 Advertisements Column 2
      653 30 PUL INTERNATIONAL LINE POL INTERNATIONAL taiMa^iSUMi, jummcu 4«*m vu r vot I sm I *t i un 818 Im I MPT [HB I 04/07 I SUM I fiat 1 HWlMiti. m I Sv" m I »/«> I mikiium H7M >7/07 I MOM I 11/07} M I 14/07 1 Hjm BT
      653 words
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      Page 30 Advertisements Column 3
      667 30 r~M ACCORD A SHIPPING PTE LTD TIL: *****56 (40 Lin**) PAX *****44 KMT UAHO <U) M ***** g/ wk D4UCT ACCtSS Tli: *****37 (KXPOET BOOIONO) MSVMMW t fOTJJJ ***** *****87 (KXPORT DOC), ******4 (IMPOST) fBMW (04) 131 lUi UMjHTTP://WWW-ACCOED.COM.SO MMTA s (It) Ml VTt VAA/ HHTT ITA MN FOtT IU
      667 words
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      Page 30 Advertisements Column 4
      52 30 I 0 HANGLI SHIPPING DWECT REGULAR SERVICE JAKARTA SURABAYA JAKARTA 08/07 05/07 P.JM 10/07 11/07 P.MKTBM 17/07 11/07 PKAUMNTAN 22/07 23/07 P.JNft SURABAYA 07/07 <M/ 07 MMPUmj 21/07 2V07 SHMWON EXPRESS 24/07 25/07 MNRKVU 04/01 06/0 i SHANNON EXPRESS UNITED SIHPPMO ORGAISsATION FT. INDONESIA SHANNON MARmME CORP. PANAMA TEL: 2279*88
      52 words
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      Page 31 Advertisements Column 1
      448 31 m njDlCal S»rvk« to Caribb«on A Central Anwrka AROMA AKSMGAPORE 019E 015E Port Country 09/07 16/07 MnCity W.ze >2/08 19/06 Bndgatovn Barbados 15/08 22/08 Cartogana Coiomb«a 14/06 21/06 Caslrws St. Lucia M/ 08 21/06 Fort d* Franc* Martinique 15/06 22/06 Fr—port Bahamas 10/06 17/06 Kingston Jamaica 12/06 19/08 Potato a
      448 words
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      Page 31 Advertisements Column 2
      537 31 aSSsQff PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, (03-00 PIL Building, Singapore *****0. I CR NO **********0E fcTßi ui Jiai a »I g; M I sßfjas? ;a ,vt i;« i;« m ii« iia 11F ACCOTB AMR, HUT SWAM AgO VIA MORI fa. i It| fi Kr,f, m £KB
      537 words
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      Page 31 Advertisements Column 3
      803 31 VESSELS VOY sm JED I POO LEH HAM RTM TVB» ANR VM-LE DC VELA WW 08*07 18*07 30)07 2X07 30*7 01*8 02*8 08*8 VjLEOECAPB-LA TglW gg 23*7 28*7 03*8 04*8 08*8 07*06 MW VHEOEUBRA L2IW 20*07 30*07 (HAM 10*8 11/08 13*8 14*8 18*8 VBAE D'AOUAMUS lI2IW 27*07 08*08 06*8 17*08
      803 words
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      39 33 To retrieve more schedules, just follow these simple steps... document *#>ial 740-6000^^i^^^ !p be faxed M~ your Step key in the four number co< e Key in your Example: Sgl fax number To tor calls within Singapore i^HM Wfga
      39 words
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      Page 34 Advertisements Column 1
      164 34 if— ——i—mmm^L %CRIPERUSAHAAN PGL/QARAN r— 1 W KALIMANTAN @TOYOnJJIBHIPPINGCO,LTD. M l I I cm I Tt irtiift imaAi" i MULTi-roirosE vessel rot to/io, I tab L", -aar, (OWMMMtWMMmtMSO \i%Ss7 H liil |l"" j^-! mitt Iwtl r» I m I IT I m I a I W SU»A»AYA/HIUAN6— IMB 1> W/17
      164 words
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      Page 34 Advertisements Column 2
      161 34 UNE \V? m lkl l, rtlu>, w ovasus wnsnm a^imnuutmus KAWASAKI KtNKAI KUBN KAUHA. LTD. J4P4-/-MB MM/ ITHA.TI KLTOIHDUMSUKOHT/ARAHAMGUIF/QS SKJ* r*"*"* m M ID UU) SMU9 -MOMA H» «7/»7 H/17 ALSO ACCOT TO: mmmzmm mm mm iw smmmaimnmw ii/w n/w nnuMMani w——ifi ij£ Kxaur 4i> 11/w it/»7 «S I IfMKMCT
      161 words
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      Page 34 Advertisements Column 3
      65 34 SOOTH MWWO |B« Ih| 5b I asd MitQ > mm a&jm —mm miasm > ffi3 M 2£®L Big; -81 —wff —BfSr f .NQffHWp fa 1 KB MB BUS! =^-fe£-t^S Bsi —wiT iiww ow>9tft —prar »twM I liii I cony wnoim savia hum I I«■ I BM I a« I a—
      65 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      476 35 SIN I TIGER WAVE 548N 04-0&07 10-13KJ7 18-19/07 I TIGER ISLAND 549N »09K)7 13-16/07 21 22/07 I TO BE ADVISED 560N 10-11/07 16-19W7 24-2&07 I TIGER BAY 561N 13-14/07 19-2307 27-2007 E TIGER WAVE 562N 18-19/07 24-27/07 01 02/08 I TIGER ISLAND 553N 21 22/07 Q&O9/Q7 13-14/07 IVESSEL^^^VOY^SI^^CA^^SI^I XOUR SPORE
      476 words
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      Page 35 Advertisements Column 2
      456 35 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel: *****66 (60 Linea) Fax: *****33 E-mail flesin@singnet.com.sg CONSOUDJOTON SERVICE ARGENTINA ETD SIN SOUTH AFRICA ITD SIN BUENOS AIRES 07/07 CAPETOWN 13/07 CHILE ETD SIN DURBAN 13/07 VALPARAISO 07/07 JOHANNESBURG 13/07 GREECE ETD SIN SPAIN ETD SIN PIRAEUS 07/07 VALENCIA/BARCELONA 07/07
      456 words
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      Page 35 Advertisements Column 3
      702 35 lOOCL (Singapore) PteLtd CPS Kappti DisMFSTSSSTI r^rWl |7fteMl«dttl-M(S)OmM Hi 513#41-12t immtr {fifth Y <1 NO IU7t7IOMON U *****27 <rfJM9IM S V W A ,i'i —23 y TWBwMntff a lt TO USA ss| VO W CM NX IK OUTBOUND S9 SID NEL Ml H U Aft QUA 01* M/ 07 I
      702 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      525 36 SAMUDERA INDONESIA (S) PTE LTD ■■MM 1S McCALLUM STREET *03-01/02 NATWEST CENTRE S'PORE *****5 ■Jbb TEL: *****81-3 FAX: *****08 (OUTWARD) *****89 (INWARD) TLX: R*****0 ■OOmUBS CALI DIBECT LIME: *****41/43^^^EMICA/CEUA/MEmUM 7 SLGS/WEEK ylliliJiJißil 3SLGS/WEEK 1/TftftFl VOY MH JAK VFflflFl VOY 5N SUW LALAZAft 5® 05A)7(SaT) 09/67 (WEty ORIENT INDEPENDENCE 1041 05/D7(SAT)
      525 words
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      Page 36 Advertisements Column 2
      976 36 rrx YANG MNG LJNE liil AmrtiiiM*- VM.MJ TWICE WgKLY EVHTT THURSDAY/SUNOAY ■l.'JJ.hkJ ARRIVAL FOE) DAY-MONDAY VESta VOT lUNI CM HTM HAM FXT LEH AM VESSEL VOY LEH FIT HAM AM NFA ISM NORMANOIE BRIOGE J726W| 06/071 23/07 25/07 WO7 2SAJ7 MALACCA BRIDGE A72OE SU) SLO SLD SLO SLD 06AJ7 MING
      976 words
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      Page 36 Advertisements Column 3
      438 36 Singapore Soviet Shipping jsraCo. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN VESSEL VOY SIN BOM PNG PKL TRANSCORD 102N 04/07 13/07 27/07 20/07 TRADE FAST TFSI9I 00/07 17/07 01/00 03/00 KOTA SELAMAT SMTOZ7 10/07 18/07 02AM 04/00 KOTACAHAYA CAHIO7 18/07 27/07 10/00 12/00 TRANSCORD 103N 30/07 00/00 23/00 26/00 ANNOUNCING REGULAR
      438 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      1115 37 i ASIA-MPfTCRRANtAN EXPRESS (AME) -WESTBOUND SERVICE i VESSEL VOY SIN CMS MIA GCN BCN LEH ANR FEL I N SINGA 9725-3 02 JUL 06 JUL 16 JUL 18 JUL 20 JUL 23 JUL 24 JUL 25 JUL 1 MSC JASMINE 9726-3 10 JUL MJUL 23 JUL 25 JUL 27 JUL
      1,115 words
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      Page 37 Advertisements Column 2
      1332 37 ml-w|ar| gr is? in ia, gv, i i& irau wigunrir liri- f isa is, igriia,i MD. HONSHU 31*7 0347* 0447* 0547 1147 77.07 1447 25.07 LKUNMH 4247 HIT 0247 0*47 1147 0747 1047 MS. MM 1177 0947* IMT 1147 71.07 OIjM 0240 27.07 NS.NOS& 7757 07jr OU7 IOJ7 lU7 ISJ7
      1,332 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      913 38 SINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE iSINOTRANSI J 8 (*****7). TEL; *****00 FAX: *****08 TLX: R*****1 BINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VRSR I VOYAG€ ETA SINGAPORE ETA HONGKONG ETA SHANGHAI NEW HAIHUNG I 9704 04/07 09/07 13/07 6000 WEIL 9718 11/07 16/07 20/07 NORPSUNP 9702 19/07 24/07
      913 words
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      Page 38 Advertisements Column 2
      146 38 Ik I SEA CONCERT MPT RifriVAtWUK/Nan I ■•KM FORTUNE 06/07 RdnVAIWUK/Nan I ISV TRADER 15AJ7 20/07 NwVRArVAtwAJK I MURATKIRAN 25/07 28/07 Ntan/RdnVAtw/BmrVUK I Loads E.w WH Loading fey ■sea RESOURCE Hodwdah/Jeddah/Apaba/Egyp( I ■c KAPTANOGLU ■ARETUS Oubai/Bahrain/DamrriarVKuwait I ■mulpha SOU Dubai/Bahrain/DamniarVKuwaK I toads Singapore, E7W. Malayaia. Irxtaww I Loading for "1
      146 words
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      120 39 LEGENO: C direction with speed in knots V d. Wov. height Cloudy Sky SiHoci wwds ore mdicoted by orfowi which Hy with Hi# wind One fufl circle represents calm or light and vonobte winds i—«. One half Heche represents 5 knots One ful Heche represents 10 knots k One soSd
      120 words
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