The Business Times, 6 January 1998

Total Pages: 42
1 42 The Business Times
  • 12 1 THE BUSINESS TIMES MTTA(P) 110/12/97 Internet: http://www.asial.com.sg/biztimes SINGAPORE TUESDAY, JANUARY 6,1998 85*
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  • 601 1  -  Lack of confidence in region, speculation, corporate buying of US$ aD add to woes By Clarissa Tan [SINGAPORE] Currencies across Asia took a tumble yesterday, with the rupiah, baht, ringgit and peso plumbing new depths while regional stock markets ran for cover. Corporate demand for
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  • 391 1  -  Clesure not surprising due to aggressive proce cots, observers say By, Jenifer Lien [SINGAPORE] KT Technology, once a high profile personal computer maker that ranked among the top Ave local PC makers in the early 90s, has shut its doors. Staff said they
    391 words
  • 363 1 Financier says he may Gootunie as informal adviser to Kim Reuters AFP [SEOUL] US financier George Soros yesterday said he is looking at the possibility of a "quite substantial" investment in South Korea, after establishing himself in Presi-dent-elect Kim Dae Jung's economic policy
    Reuters; AFP  -  363 words
  • Article, Illustration
    63 1 [SEOUL] Like many other South Koreans, these three employees ofthe Daewoo group reachedfor theirfamily jewellery yesterday to answer a national appeal to help ease the country's financial problems. Ina campaign launched by the Housing and Commercial Bank and trading house Daewoo Corp, Koreans were asked to turn
    REUTERS  -  63 words
  • 651 1  -  It will offer 380 m stares after Chineae New Year ffyi Conrad Raj [SINGAPORE] Hong Leong Asia (HLA) has Anally obtained approval to list its shares on the Stock Exchange of Singapore after several earlier attempts to go public not only
    651 words
  • Page 1 Advertisements
    • 46 1 I If nl wfw^^ BlP|2dby ,l^W^ j Tlatflmd wiß soak a A rwtaw of the IMF financial pNGtana later thin «»M gnming signs th#V teo^to^btitoulwas 9s 8lQQOs»v)0o X&UUk there's rf hold JSffiwTOßMoi .^6 SSAffIA .7 FINANCE 30 COMMODITIES 21 STOCKS 22-26 a'1 1 11 y' 1
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    • 6 1 President-elect hints at reforms, Pg 6
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    • 108 1 Marfceta la turmoil, Pg 5-6 m .T^jttA§ fe M* wJ& xf a !*"J J The Mauboussin Jewellery Chronograph watch 18K white gold with crocodile strap <*' QmO "3 w IVI/MJBOUSSIN si nee i% 2 7 ,rt| EXCLUSIVELY AVAILABLE AT: ROY EASTERN WATCH #01-86/88 #1)1-74 Lucky Plaza *04 Orchard Road Singapore
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  • SINGAPORE AT HOME & ABROAD
    • 665 2  -  Yuan faces pressures as other Asian nnits are slashed by as much as half, he says By' Yang Razali Kassim CHINA'S no-devaluation policy in the face of falling regional currencies may be correct b«t is tough to be sustained. This assessment
      665 words
    • 576 2  -  j By< Carol Eng LEADING property consultancies, except JLW Property Consultants, expect to pay sharply lower variable bonuses for 1997 than for 1996. This is due largely to a depressed volume of property sales last year, especially in tfee second
      576 words
    • 253 2  -  By, Annette Pan TOSHIBA Singapore Pte Ltd yesterday retrenched about 75 workers at its Alexandra Distripark colour television assembly factory, sources said. The company's personnel officials could not be reached for comment. However, the deputy executive secretary of the United Workers of
      253 words
    • 409 2 BHJiw tra*tea Search has ended r with recovery of the two black boxes The Straits Times [PALEMBANG] Dredging in the River Musi will stop tomorrow, ending more than two weeks of search and recovery operations in the murky waters where a Silk Air
      The Straits Times  -  409 words
    • 190 2 NYAN Teck Fook has become Sony's first local managing director in Asia with his appointment at Sony Precision Engineering Centre Singapore Ltd (Spec). He takes over from Koichi Kawakyu, who is now Spec's chairman. The changes took effect from Jan 1. Mr Nyan,
      190 words
    • 335 2  -  EYE ON THE ECONOMY Utilities By\ David Boey WATER sales to the commercial/ industrial sector dipped slightly in October and November last year. Consumption hovered just above the 15 million cu m level after September's high of 15.83 million cu m, according to
      Source: AFP  -  335 words
  • Page 2 Advertisements
    • 370 2 China's lores reserves to rise USs26b, Pg 9 I A WEEKLY SUMRDBW OFH HOMENEWS I AT YOUR FINGERTIPS I i~~ m x .*><• VaSrk* i/— -T Hr ■r The Straits Tunas WeeMy Edition brings you a crisp aummaiy of ft* major happenings in Singapora and I TW> itl"V r, the
      370 words
    • 94 2 Wc provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
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    • 19 2 The Straits Times CLASSIFIED Where buyers and sellers meet Find the perfect Item at a garage sale. f§t CATS.
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  • Page 3 Advertisements
    • 479 3 BHiJTLING IHfli NAVITIMER Early this century, aerial navigation was WKk The Breitling Academy thus stages aerobatics essentially a matter of dead reckoning, with the training courses where pilots have an aid of a map, an altimeter and a chronograph. opportunity to fly the three current top Cockpit instruments did little
      479 words

  • FOCUS: PROPERTY
    • 652 4  -  THE PROPERTY COLUMN Hotels should be allowed to convert to othor uses If there's no room shortage ity Lee Man Shih IS THERE or is there not a shortage of hotel rooms in Singapore? The answer is yes, if one goes by a
      652 words
    • 375 4 Deals for the whole of last year up 40% with their value rising 82% SCMP [HONGKONG] Property transactions plunged about 53 per cent last month to the lowest monthly level since October 1995, it was claimed. About 7,200 to 7,300 property deals were
      SCMP; FILE PHOTO  -  375 words
  • Page 4 Advertisements
    • 574 4 COLLECTIVE SALE BY TENDER TWO ADJOINING RESIDENTIAL REDEVELOPMENT SITES AT lengkong empat (Near Kembangan mrt) H i Site area: n PAN SLAND EXPRESSWAY Parcel A: 1581.3 sqm [17,021 sq ft] parcel A PARCEL b Parcel B: 1479.9 sq m [15,929 sq ft) 8 Combined Land Area: 32,950 sq ft (Approx)
      574 words
    • 63 4 pBBHf New 4-Storey Warehouse At Sungei Kadut For Sale/Lease Total Nctt Floor Area: 170,000 sq ft Tenure: 30 years wef 1996 Units from 9,730 sq ft to 40,000 sq ft Ceiling height: 4.5 morlo m Floor loading: 15 KN/sq mor 20 KN/sq m 10-ton hoist crane and cargo lifts Ready
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    • 36 4 PRIME GOOD CLASS BUNGALOW FOR SALE ET I 4? \m Cornwall Gardens "Approx: 24,387 sqf. /x* f SUBJECT Freehold jl) Lot 2873 MK 2 !°r JJ= Richard Ellis (Pte) Ltd 7 -l Investment Dept >/ T:224B181 /F:*****32
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  • MARKETS IN TURMOIL
    • 164 5 Reuters [HONGKONG] Salomon Smith Barney has cut its estimate for Hongkong's 1996 economic growth to 3 per cent from 4 per cent because of continued turmoil in regional currency markets, it said in a recent research report. The revised estimate is "in
      Reuters  -  164 words
    • 370 5 USsU3klMUitfierto Taiwan baanessmen ■■<!■■ rf In *fca M investing mtne region Reuters [TAIPEI] Taiwan Foreign Minister Jason Hu yesterday offered to help its Asian neighbours fight the currency crisis that has sharply weakened economic development in the region. "The financial crisis
      Reuters  -  370 words
    • 286 5 Reuters [BEIJING] China, alarmed by the recent meltdowns of several Asian currencies, said yesterday it would step up its battle against illegal foreign exchange dealings. The foreign exchange authorities recently indicated that they would take further effective measures to punish sternly illegal flows
      Reuters  -  286 words
    • 417 5  -  Turin to lobby for direct US loans before rdueg&ti&lijjg From, Alan Boyd in Bangkok THAILAND'S top financial official will seek a review of the International Monetary Fund (IMF) financial package later this month, amid growing signs that the original bailout was inadequate.
      417 words
    • 49 5 [BANGKOK] The new president ofßangkok Metropolitan Bank pic, Somchai Sakulsurarat, speaking to reporters at the bank's headquarters in Bangkok yesterday. The bank, which was ordered to change its management team by the central bank, opened yesterday without any reports of panicked withdrawals. AFP
      AFP  -  49 words
    • 483 6  -  Stocks down 13 points while peso loses L 9% to 4L738 to the US$ From Al Labita in Manila LINGERING concerns over Asia's economic woes yesterday hounded the Philippine financial market, defying the impact of a declining inflation rate. The benchmark 30-share PSE
      483 words
    • 306 6 Reuters [WASHINGTON] The Clinton administration on Sunday defended its role in multibilliondollar bailouts for Asia's embattled economies and said it expected Congress to boost IMF funding to cope with financial catastrophes. "It is extremely important that the United States provide the kind of
      Reuters  -  306 words
    • 525 6  -  Suharto to present budget for fiscal year 1998-99 today From S N Vasuki in Jakarta PRESIDENT Suharto will today present Indonesia's national budget for fiscal year 1998-99, an event that will provide important clues on the health of the economy. Providing
      525 words
    • 116 6 SEOUL Reuters [SEOUL] South Korea's Samsung Group plans to cut its overseas production by about 40 per cent by shutting down its factories abroad, a local newspaper reported yesterday. The Chosun llbo's edition today seen yesterday said some factories in Europe where wages and
      Reuters  -  116 words
    • 520 6 USs33mmrtktfold collected on first day of campaign to boost forex reserves Reuters [SEOUL] South Koreans lined up yesterday to turn over gold jewellery and knick-knacks as part of a nationwide campaign to help the country raise desperately needed dollars by exporting gold held
      Reuters  -  520 words
    • 44 6 [SEOUL] A South Korean employee trying to calm depositors yesterday as they flock into Daehan Investment Banking Corp, which was ordered to close last year, to get their money back on the first day of work in 1998 in Seoul AFP
      AFP  -  44 words
    • 401 6 Kim Dae Jung names them as one of the culprits in debacle AFP Bloomberg [SEOUL] President-elect Kim Dae Jung yesterday hinted at a sweeping overhaul of South Korean conglomerates, naming them as one of the culprits in the country's economic debacle. "Big business, one
      AFP; Bloomberg  -  401 words
  • Page 5 Advertisements
    • 67 5 r rT i l*Ji Malayan Motors A«oa<*, MST AUTOS LTD Dealer: PREMIER MOTOR COMPANY BENDIRIAN BERHAD 45 Leng Kee Road, Singapore 1 ***** Telephone: 473 7755 3 BC )l Sukarjo Wiryopranoto. lakarta ***** Indonesia Cadong Light Industrial Complex N0.4 Beribi, Bandar Seri Begawan 3103, Opening Hours: Weekdays 8.30 am 5.30pm
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  • Page 6 Advertisements
    • 126 6 Emirates' Business Class. Better leg rest, head rest and eye rest. (A class abovs the rest.) BP [HI B Ms- |\vß Hll IB 188 I I i\ B flB, BMP II /IBU /Bl 1 11 KB 1 m wM? fl Bm. /■BIB y^MII a. yILI B There's more space in
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  • SOUTH-EAST ASIA
    • 468 7 KUALA LUMPUR Earnings growth may be cat as stronger firms are coerced into baying weaker ones Bloomberg MALAYSIAN bank and fii nance company shares slumped amid concern a plan to force mergers may mean stronger companies will be coerced into buying weaker
      Bloomberg; Source: Bloomberg  -  468 words
    • 149 7 KUALA LUMPUR Bloomberg MALAYAN Banking Bhd said it will raise its base lending rate to 10.35 per cent effective today, from 10.25 per cent now. The bank Malaysia's largest said it last revised the base lending rate on Dec 3, when it raised the rate
      Bloomberg  -  149 words
    • 263 7 KUALA LUMPUR Minister calls for calm amid reports of shortages Reuters THE Malaysian government yesterday vowed to step up a drive against sugar hoarding and urged consumers not to panic over reports of shortages of the commodity ahead of a
      Reuters  -  263 words
    • 342 7 PHNOM PENH Reuters CAMBODIA'S King Norodom Sihanouk yesterday abruptly left his homeland alter backing away from an offer of unconditional amnesty for his son, deposed co-premier Prince Norodom Ranariddh. In a break with royal tradition, King Sihanouk left the country unannounced,
      Reuters; AFP  -  342 words
    • 361 7 JAKARTA Bank still closed despite reports it would reopen AFP BANK Jakarta, a liquidated bank owned by a half brother of President Suharto, yesterday approached the central bank in its effort to resume operations following a temporary court ruling in its favour, said
      AFP  -  361 words
    • 184 7 JAKARTA Bernama THE Indonesian Armed Forces (Abri) is to hold a three-day meeting on Feb 10-12 to work on an emergency action plan that will handle any possible hindrance to the upcoming People's Consultative Council (MPR) general assembly. "We have to be on
      Bernama  -  184 words
  • Page 7 Advertisements
    • 118 7 UNIVERSITY OF THE UNIVERSITY WESTERN SYDNEY OF HULL Nepean, Australia j England, United Kingdom dmIMIA ftnnlng 9 HIBIiIIHI I M!■ UOCuJf Of HISMII MIMBtuIDOn ■■nMPHfIMtf 22nd Mate 28 January *98 2nd Intake March '98 wj-»» Duration 2": years 22 January 'W 0 maelhs only 100% in Singapore 7.00 pm 100%
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    • 72 7 ||a» STAYS IN A CASTLE J r HE HAS HUNDREDS 1 Aff [OF LOYAL SUBJECTS J 1 NOT TO MENTION THE OTHER ROYAL TREATMENTS AND ALL THE DELUXE WINTER BONUS RATE OF uss loB j jwHO IS HE SLEEPING WITH?J The Westin TAi Ping Yang SHANGHAI 6 Zun Yi Nan
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  • Page 8 Advertisements
    • 951 8 Total Group's profit before tax was $474 million, $50.4 million or 11.9 per cent higher than last year. At the net attributable level, Group profit after tax rose from $306.9 million to $340.3 million, an increase of $33.4 million or 10.9 per cent. Performance Review Staff Earnings per share amounted
      951 words

  • GBDVA-HONGKONG – TAIWAN
    • 670 9  -  LHIiHiriOM HOMGKOVG Mew licensing rnlaa for chicken form* in tha twi-lturw ara not annmh a« 80% of tha mpphr mbim from »h* By Loh Hui Yin AS Hongkongers brace themselves for a "chickenless" Lunar New Year, the mass slaughter of fowls to prevent the
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    • 319 9  -  SINGAPORE Bering eeenemist says renminbi will remain staMe despite Asian currency crisis By] Lu Ning CHINA'S massive foreign exchange reserves will continue to grow this year despite the financial turmoil in the region's economies, a senior Chinese government economist has predicted. The
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    • 368 9  -  HONGKONG It Ms to secure China broadcasting rigfrts, axes 50% off staff ffyi Ouak Hiang Whai SINGAPOREAN businessman Robert Chua who founded China Entertainment Television Broadcast Ltd (CETV) has hinted at unfair treatment by the Chinese mainland authorities over broadcasting rights
      368 words
  • Page 9 Advertisements

  • ASIA
    • 455 10 SYDNEY Bcsiness confidence high; 24% increase in sales and 125% profit rise seen this year Bloomberg AUSTRALIAN exports surged in November and businesses expected sales and profits to rise in 1998, suggesting trade thrived and business confidence remained intact amid Asia's financial troubles. Australia's balance
      Bloomberg  -  455 words
    • 202 10 TOKYO Reuters JAPAN'S powerful Ministry of Finance, rattled by several major corporate failures and turmoil in Tokyo's financial markets, may be put in the spotlight again by public prosecutors, Japanese media say. Newspapers reported over the New Year holidays that Japanese prosecutors had targeted
      Reuters  -  202 words
    • 330 10 BOMBAY Industry leaders urge mayor political parties to commit to reforms AFP INDIAN industry leaders have called on all of the country's major political parties to commit themselves to economic reforms and to key policies before the upcoming polls, a news report said
      AFP  -  330 words
    • 396 10 NEW DELHI Bloomberg ASIA'S currency turmoil is sending a twisted signal to the Indian government—one that says opening its economy may not be such a great idea. India's notoriously closed monetary system which gives the government tight control on money flowing into
      Bloomberg  -  396 words
    • 44 10 [TOKYO] A school boy putting the finishing touch to his work during the 34th annual calligraphy contest in Tokyo yesterday. Several thousands of school children from all over the country show their skills at the New Year event AFP
      AFP  -  44 words
    • 893 10  -  IirTBKFBW MEW DELHI firtUa grapples with the problem of tmderdeclared Incomes as citizens play a game of cat-and-mouse wtth the taxman By Rajendra Bajpai THE New Year brought much cheer to India's Finance Minister Palaniappan Chidambaram. He hit the front page headlines of newspapers
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  • Page 10 Advertisements
    • 126 10 It could be any number of K T Z anniversaries, ISO certification, pages but the cost of a special JL iN/vlllllii ground-breaking ceremonies feature in our newspapers and topping-up ceremonies, will remain the same for you: $0. We will Since you have so much to gain and nothing organise sponsorship
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  • THE WORLD
    • 366 11 CHICAGO Economy's 7-year expansion will continue at moderate pace this yean Rivlin Bloomberg THE US economy should remain on a "non-inflationary" track as the nearly seven-year-old expansion continues at a "moderate" pace this year, Federal Reserve vice-chair-man Alice Rivlin said. The economy is
      Bloomberg  -  366 words
    • WORLD Watch
      • 64 11 Reuters [JERUSALEM] Israeli Prime Minister Benjamin Netanyahu yesterday emerged victorious in his first test of fire slaoe the resignation of Foreign Minister David Levy, winning parliamentary approval of the 1990budget The Knesset voted with one abstention inflnrour ofthe budget, an iesue over which Mr Levy resigned on
        Reuters  -  64 words
      • 70 11 AFP (BONN] Britain, hi holding the EU presidency, will work ferthe European tingle currency, the euro, even though it win wwiwy conies ri iniiiBm in January 1090, British Foreign Secretary Robin Cook said yesterday. In a guest editorial in the FmtkftorHr AUgemeim newspaper, Mr Cook
        AFP  -  70 words
      • 53 11 Reuters {VILNIUS} I .ithuanian voters choaelJftuanhftt-AHierlcan ValdasAdamkus as president fet hopes the jprtmit-edueated emigre will give the country an image boost as it seeks EU entry, analysts said. Mr Adamkus won Sundays election runoff hy the narrowest of margins, polling 48.90 par cent votes against #J8 per cent for former
        Reuters  -  53 words
      • 60 11 AFP [WASHINGTON] The eemiconductor industry giew some per cent in 1907 to USH50 billion (S$255 billion) even though some manufacture® suffered steep slumps, market research group Dataquest said yesterday. It said Intel NEC and Motorola remained the top three manufacturers. Intel's ssraioondnctor revenue surpassed USISlbillkxi,
        AFP  -  60 words
    • 136 11 WASHINGTON Bloomberg US CONSTRUCTION spending unexpectedly dropped in November for the first time in five months, reflecting weakness in industrial, commercial and government projects. Housing construction, meantime, rose to a record pace, reflecting low mortgage rates and high levels of consumer confidence in the
      Bloomberg  -  136 words
    • 65 11 [RIO DE JANEIRO] Participants in the annual beds race sprintingfrom the starting line of the 3 km course along the Copacabana beachfront in Rio de Janeiro on Sunday. This year's race had movie themes. One of the most popular participants was "The Mask" on
      REUTERS  -  65 words
    • 481 11 LONDON Those who refuse New Deal will lose welfare benefits Reuters BRITAIN'S Labour government, battered before Christmas by a furious row with party dissidents over social security cuts, yesterday launched a massive drive to tackle unemployment, the other prong of its keynote wel-fare-to-work policy.
      Reuters  -  481 words
    • 258 11 LONDON Reuters GROWTH in Britain's manufacturing sector slowed in December after three months of acceleration as domestic demand showed signs of running out of steam, the Chartered Institute of Purchasing and Supply (Cips) said yesterday. The Cips Report on Business also showed that
      Reuters  -  258 words
  • Page 11 Advertisements
    • 201 11 VfTjj [(I [liM 4 jf|] •M jfiM 4| Parkway Parade 1,592.48 sf Parkway Parade 925.36 sf/1592.48 sf 1764.64 sf/2517.84 sf/ 3184.96 sf/4368.56 sf/5961.04 sf A-Z Building 1.701 sf 7,739 sf Paya Lebar Road Short term lease 13,508.82 sf 15,435.58 sf First Capital Property 5 b 5 Management Pte Ltd sa:
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    • 30 11 'ifjpi' Dale Carnegie training Increase Self-Confidence Communicate More Effectively Improve Interpersonal Skills Overcome Fear of Audience Control Worry Tension Be a Motivational Leader 8:220-3836 llale Carnegie, Success Strategy Pte Ltd
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    • 109 11 I The Jay is warm, tut it's cool under the canopy of the trees. The pool glimmers cool and inviting. Strolling down through a leafy glade, the songs of exotic hirds enhance your pleasure. You wave I at your companions as they enjoy high tea on the alfresco terrace. Soon
      109 words

  • EDITORIAL & OPINION
    • 721 12  -  vuubottiim LOT OPINION By Leon Hadar The writer is BT's Washington correspondent WHEN Congressional Republican leaders met Clinton administration officials privately to discuss the financial turmoil in East Asia late last month, they were stunned by the concern expressed by Treasury Secretary Robert Rubin,
      721 words
    • 115 12 'It's a pressure cooker over there. They're doing all the wrong things.' -DrlraScknlnuui on the conditions of the New York Stock Exchange trading floor, where the heart-attack death rate during business hours for the s,ooopeople who work at the exchange is 60per cent higher than the national
      115 words
    • 696 12 EDITORIAL IT is good to hear South Korean Finance Minister Lim Chang Yuel say that foreign financial institutions are showing more trust towards his country. Thus, although short-term loans due for repayment during the first quarter of 1998 are estimated at US$2l.6 billion (Ss36 billion), he
      696 words
    • 1256 12  -  E§S Economists View Economic crisis underscores the need to improve the savings-investment process in S-E Asia By Mukul Auber THERE is near unanimity among analysts that high gross domestic saving (GDS) and investment rates (exceeding 35 per cent of GDP except in the Philippines) must be
      FILE PHOTO  -  1,256 words
    • 737 12 IT HAS always been recognised that an influx of mainland families would bring social problems if Hongkong was not properly geared to assimilate them... but no one anticipated a trend towards domestic violence. Given the general pattern of cross-border marriages, it is not surprising that the
      737 words
  • Page 12 Miscellaneous
    • 42 12 POOMESBORT By Garry Trudeau APPARENTLY, ICANTBBJ&BTHtSU ,N6 JI* &Nrsajf\MMJ garth hc finally m mean, i love maubu, I ute/ahat I kip. orecm m XX/FBFEAL- A LETT&Z /SHE OUTGREW BUT IT* AUUAYS BEEN ABOUT MY \V0UCANRUNm SOLING* THE HOUSE MY PREAM TV RETURN
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  • EXECUTIVE LIFESTYLE
    • 1937 13  -  How a movie is promoted can mean the difference between a blockbuster and a flop, writes migel Andrews NIGEL ANDREWS FT Attention, please. The ship now sinking on wet-stage number 1, Rosarita Studios, Mexico, is the 1912 luxury liner from Southampton. Evacuate now, women and
      FT; FILE PHOTO  -  1,937 words
  • Page 13 Advertisements
    • 185 13 Announcing: a new semester at the California State University program for College students living in Singapore Enrolling^ Students who have completed High School may at th© C0116Q6 CampUS now enroll at the OFS College in Singapore to do H6f6 NOW the first two years of a California State University degree.
      185 words
    • 21 13 M TODAY "i ir** ,t K >* -t f>"t#i amttimU SBEw&£ i 5s HRjkip V^a •.*2yiP \V Sv jL* t «4asf» **IKHKI
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  • Page 14 Advertisements
    • 419 14 A 4 JM» 1 tachil if 1 Hewwfiruou H II 5 f 11 "Hitachi has been lighting up Singapore through its services." I ll I joined Hitachi Asia in 1991, and am now responsible for the sales economic and social contributions to Singapore. Hitachi's corporate and services of Power Industrial
      419 words

  • Page 15 Advertisements
    • 185 15 ijWhere to wine, dine and entertain... SpH ii http://www.ana-hoteis.com At just seafood either. Visit our home page and you can tonight's linner from our cyber selection. Browse lhrough the menu, leave us your order and it'll be ready to pick up before you can say 'information superhighway', pfle call it
      185 words
    • 252 15 MarkdSqware J IESTAUtAKT CELLAR Theme Restaurant Fooocourt 1 European countryside r j ambience I J J Your table is reserved while I ild all j 1 you explore our wide variety I j| J of Asian k Western favourites •No messy, uncleared tables I Ytllf I Pay only when you
      252 words
    • 225 15 cMra" Ramadhan with the Royal Crowne Plaza. Themed "A Taste of Asia",^ are over 30 varieties of Asian dishes to tantalise your tastebuds. Available from 2-27 January 1998 at the Palm Terrace, 6.30pm to 9.30pm. Call *****90 to make your reservations now. m CROWNE PLAZA' SINQA'OftC Ftmtrfy the R*)*l Hmltday
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    • 233 15 Pi mm it otvU "TK&tte I Ii« laaJay Cltttiffid this «ttkta4. IcXSII Savour tantalising set-dishes from BBQ Ribs, Mushroom lasagna, seafood platter, Italian Genoa-baguette to Nyonya laksa, seafood hot-fun, chicken prawn daypot and fried vegetarian platter and complimented with soup, sabd and more at the Cafe Victoria from Monday to
      233 words
    • 164 15 A &***s yv^Y ut AT MANDARIN SINGAPORE Savour traditional Chinese New Year favourites with us as we usher in the Year of the Tiger this Lunar New Year season Call $31 6262 for mon details. Ltirftc J U] Orchard Road. Singapore 23M6T. TH *****11 L a eSISI —You'll Find The
      164 words
  • Page 15 Miscellaneous
    • 778 15 J TVVRADIO a mmm 9-30 Team Knight Rider 5.30 Maalai Mathooram. Q3<m:¥SnTiT7ff»^^MBM^ The Magnificient T.K.R. 030 Kadhal Pagadai. PM TV Innovations. 1030 News 5 Tonight. 7.00 Maestro SpeT™ Winners. 1130 Business *00 Money, Money. Money. lOB Insight. 730 TamilSeithi. MO How To Succeed In Busi u.45 Law And Order Proge-
      778 words
    • 154 15 CRYPTIC CROSSWORD changes (7) 27 A bad-tempered pet (7) 28 Oriental up late, perhaps, is carried shoulder high (7) 8 Cancel score (7) YESTERDAY'S SOLUTION DOWN 14 He's expected to take notes (9) UMTlAlfttelTl i ICtotolElAfaW 1 Fugitive takes cover in English 16 To harass thus is in itdiocese (7)
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  • CYCLE & CARRIAGE GOLF PAGE
    • 914 16  -  Brora Golf Club has been designed to prevent the golfer from getting the better of it, says nioelaub d'cbuz NICKLAUS D'CRUZ YOU may be forgiven for wondering how a golf course nearly 90 years old could be so tough. Brora Golf Club, in Sutherland,
      914 words
    • 1109 16  -  James Braid dnwgnnd over 180 golf courses which have stood the test of time By] Nicklaus D'Cruz The writer is the editor of the Asian Golf Review FEW golf architects in the history of the game have designed courses which have stood the test of
      1,109 words
  • Page 16 Advertisements

  • COMAPNIES & MARKETS
    • 632 17 they warn that further upside is < limited and to beware risks Stow U Sen SINGAPORE] Plantation (companies are probably the best defensive stocks to hold if one needs to have investments in Malaysia, analysts say, but they caution that further upside
      632 words
    • 405 17 Proceeds to be nsed to buy 6.9 ha Sydney plot to bnild homes [SINGAPORE] Keppel Land has sold its Sydney office block for a gross profit of A 134.6 million (5538.2 million) and is buying another plot of land in Sydney
      405 words
    • 112 17 [SINGAPORE] Singapore's Hotel Properties Ltd said yesterday its subsidiary HPL Hotels Pty Ltd had contracted to sell its stake in an Australian hotel property for about A 537.77 million (5541.75 million). HPL said in a statement it would make a pre-tax gain
      112 words
    • 198 17 [SINGAPORE) Some one million Van der Horst shares, owned by Indonesians Bambang Trihatmodjo and Johanes B Kotjo, have been sold by a bank which was holding the shares as collateral. VDH notified the Stock Exchange of Singapore last Friday that Mr Bambang's stake
      198 words
    • 594 17  -  HOCK LOCK SIEW Lee Han Shih MOST shareholders of Nat Steel know little or close to nothing of South Korea's Posco, or Pohang Iron and Steel. They should. What Posco does in the next six months will have a major impact on
      594 words
    • 337 17  -  Specnlators bet court will throw out appeal by software alliance By, Annette Pan (SINGAPORE] Shares of local compact disc maker SM Summit yesterday surged 28 per cent to 46 cents as speculators expect the court to throw out an appeal to be made later
      Source: Bloomberg  -  337 words
    • 126 17 [SINGAPORE] Fuji Offset Plates Manufacturing said last night it will get 6.97 million Malaysian ringgit (552.9 million), instead of RM6.76 million as previously announced, for the sale of its shares in SDF-Scan Dairy Food Sdn Bhd to the Kerry group of Hoi- land.
      126 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 313 18 HE'S only listed real estate agency to close 28 branches amid property slump Bloomberg [HONGKONGJ Midland Realty Ltd, Hongkong's only listed real estate agency, fell as much as 2 per cent amid news that it will close about 28 branches this week as
        Bloomberg  -  313 words
      • 146 18 Bloomberg [LONDON] Orange pic, a UK mobile phone network, said it added 130,000 new customers in the three months to Dec 31, its biggest gain ever, as its share of mobile phone sales continued to grow in the runup to Christmas. The company,
        Bloomberg  -  146 words
      • 228 18 Bloomberg [SHANGHAI] Troubled Japanese retailer Yaohan will sell its 90 per cent stake in a joint venture supermarket chain to the Netherlands-listed food retailer Royal Ahold. The supermarket chain Liancheng Yaohan is a joint venture with the Shanghai Commercial Commission, which owns a 10 per
        Bloomberg; FILE PHOTO  -  228 words
      • 329 18 Bernama [KUALA LUMPUR] Hong Leong Properties Bhd has mutually agreed with Esprit Group Bhd not to proceed with its proposed disposal of 100 per cent interest in Guobena Development Sdn Bhd. Hong Leong said the sale of its 100 per cent interest in
        Bernama  -  329 words
      • 311 18 Bloomberg [HONGKONGJ Fujian Enterprises (Holdings) Co, a listing candidate controlled by the eastern Chinese provincial government of Fujian, is being forced by the Asian financial turmoil to restructure its assets before listing in Hongkong later this year. The China-backed conglomerate said it will
        Bloomberg  -  311 words
      • COMPANY Briefs
        • 89 18 [SINGAPORE] The Stock Exchange of Singapore will be closed on Jan 28-30 for the Chinese New Year and Hari Raya Puasa holidays. Trading will resume on Feb 2. To provide adequate time for settlement because of the preceding three-day holiday period, there will be no clearing
          89 words
        • 50 18 AFX-Asia [SINGAPORE] Datacraft Asia Ltd said it has signed a marketing agreement with Packeteer, a pioneer leader in Internet bandwidth management. Under the agreement Datacraft will have the exclusive rights to sell, market and distribute racketeer's full range of high-performance PacketShaper products in the region. -AFX-Asia
          AFX-Asia  -  50 words
        • 90 18 Reuters [SINGAPORE] Hongkong's Gold Peak Industries (Holdings) Ltd has bought 2.7 million shares in its subsidiary GPE Industries Ltd. Gold Peak said yesterday it bought 871,000 shares at an average of 64.4 US cents on Dec 31 and 1J million shares at an average
          Reuters  -  90 words
        • 66 18 Reuters [KUALA LUMPUR] Renong Bhd has applied for an extension of its share suspension, the Kuala Lumpur Stock Exchange said yesterday. The Renong stock was last quoted on Nov 24 at RMI.BO before being suspended as the company sought to reach a settlement on the
          Reuters  -  66 words
      • 529 19 amazing ran in DOs, thanks to rising corporate profits NYT (NEW YORK] In the 1990b, the performance of the American stock market has been nothing short of amazing, particularly in the last three years. Over that stretch, investors in the Standard
        NYT; Source: Bloomberg  -  529 words
      • 358 19 Mm is aimed at meeting challenges ef the multimedia era Reuters [TOKYO] Japan's Dentsu Inc. the world's largest advertising agency, yesterday announced it had decided to prepare for the listing of its shares on the Tokyo Stock Exchange's first section. The decision
        Reuters  -  358 words
      • 283 19 It sajs there's little point in such a study tity in Australia AFP [SYDNEY] Australia's largest telecommunications network yesterday defended its refusal to help a cancer researcher investigate a possible link between mobile phones and a sharp increase in brain tumours.
        AFP  -  283 words
      • 298 19 Reuters [NEW YORK] Real estate investment trust Meditrust Corp on Sunday said it agreed to buy mid-price hotel company La Quinta Inns Inc for US$3 billion (Sss.l billion), the latest in a string of deals by companies operating under a corporate structure that
        Reuters  -  298 words
      • 203 19 Bloomberg [ST PAUL, Minnesota] BAT Industries pic's Brown Williamson unit paid a US$lOO,OOO (*****,000) fine imposed by a Minnesota judge for failing to turn over papers from its American Tobacco unit In a letter with the cheque, B&W said it isn't waiving
        Bloomberg  -  203 words
    • FINANCE & COMMODITIES
      • 398 20  -  Feeder fond will invest proceeds in HSBC GIF Asian Equity Fond By\ Shiv Taneja [SINGAPORE] After months of vacillating between launching its own unit trust fund and selling third-party fUnds first, Hongkongßank has decided to go with its own a unit
        398 words
      • 189 20 Reuters [TOfCYOJ Cyber-criminals rifled through confidential computer records of a major Japanese bank and stole information on customers' names, telephone numbers, addresses and even birthdays, the bank said yesterday. Sakura Bank Ltd said data on up to 20,000 of its 15 million individual customers
        Reuters  -  189 words
      • 184 20 BBgAPORE] a total of 24.1 million contracts was traded on the Singapore International Nfonetary Exchange in 1997, up 6.7 per cent over the previous year. Last year's turnover was the second highest annual trading volume in Simex's history. The highest was in 1995
        184 words
      • 122 20 Reuters {LONDON] The Royal Bank of Scotland has acquired a majority stake in A&P Group Ltd, the UK's largest shiprepair company for around £56 million (S$ 155 .6 million) A&P said yesterday. The bank's Royal Bank Development Capital subsidiary has acquired the stake
        Reuters  -  122 words
      • 65 20 [MOSCOW] A Russian lady using a magnifying glass to compare new and old price lists in the window ofYeliseevsky shop in Moscow on Sunday. All price lists have been changed in shops, and although the new slimline rouble, stripped of three zeros, went in theory in circulation from
        AFP  -  65 words
      • 536 20 Move helps it to break through bond regulatory hurdle Bloomberg [TOKYO] Sumitomo Bank Ltd will be the first to break through a regulatory hurdle, which prohibited ordinary banks from selling bonds in Japan, when it offers a new type of security later
        Bloomberg  -  536 words
      • 225 20 SMEX. Report Reuters [SINGAPORE) Simex Eurodollars futures surged yesterday following Federal Reserve chairman Alan Greenspan's warnings of deflation in the United States, dealers said. "Eurodollars firmed because of Greenspan's concerns over deflation in the US," said a dealer. He said Mr Greenspan's comments, coupled
        Reuters  -  225 words
      • 152 20  -  MS& TAIWAN FUTURES -fly Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pie Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract fell yesterday with local traders contributing to the drop by short-selling due to the negative sentiment Currency concern was the main
        152 words
      • 267 20 ENERGY REPORT Reuters [LONDON] World oil prices plunged to a new two-year low yesterday as dealers prepared for the imminent resumption of UN-monitored Iraqi oil exports. Dealers said demand curtailed by Asia's financial crisis, a mild winter in the west and the prospect
        Reuters  -  267 words
      • 288 20 Reuters AFP THE US dollar was little changed, while sterling gained ground despite a drop of the British Purchasing Managers' Index. At 1305 GMT, the dollar was at 1.8138 marks against 1.8024 on Friday. It stood at 133.17 yen against 131.79 on Friday. Sterling was at 2.9791 marks
        Reuters; AFP  -  288 words
      • Article, Illustration
        451 20 iyrHRBAin[ Hlgory »«MI ZMTBRBAMK BATH Jan 5 i m m Ovmm 3/4 I hm» m ?v* 2-MKfe TV2 TIM Hmlll 7 7 V2 OwraUM—ir.3 3/4 Utt SL—SfiE 7(toys 5 V* StVK 1 Matte 519/32 523/32 2MHK 55/9 53/4 I 3Malta S1VM 513/W Malta 523/32 >27/32 9 Malta S 29/32 >29/32
        451 words
    • 453 21 SICOM FUTURES ,km mm x* mn wus at* m sm gj» SS S3 g S Sj *•#'jflgi i v ";i;' Omi 0pjj flm ftwi qwtf *»m— wntiw #MHp ZfMinBiV ZliyPlffFUP I 3Mp% 3M9HMiMr jOkMKwHjW MMfilp' SNRw vjs_ aw III MMi W.w 2tM5 2tU» mi»l| MMi 2» Mi Laa*»
      453 words
    • 1473 21 MS Nw *43i«rw» 5» *5 ABPdrts 302 3 «*>nin«m mo *46 >HDl«m 533 *9 Mtc *****0 *2400 AMCrodp *****0 -400 •ATM *****0 *8400 KPfc- 290 *12 ■ec— M9 -3400 BOCGro«4> WB H MMMm 806 -2 BTR *****0 *6 BaafcafScdtMd 576 *12 Mm 163*580 ****** —m 942 -a
      1,473 words
    • 1404 21 AFX-Asia Diafaias -mlm JAPANESE share prices dropped 2 per cent on the year's first trading day yesterday as market sentiment remained weak, brokers said The 225-stock Nikkei Average closed the half-day session at 14£6&84 points, down 301.90 from last year's final trading day here on Tuesday. The Topix Index
      AFX-Asia  -  1,404 words
    • Article, Illustration
      1523 22 Bloomberg Q Hang Seng -377.03 STOCKS tumbled and interest rates rose amid concern the Hongkong dollar's peg to its US counterpart will come under threat again. As most Asian currencies fell to record lows against the dollar, Hongkong faced the prospect of rising rates, falling property prices, weakening exports
      Bloomberg  -  1,523 words
    • Article, Illustration
      632 22 Reuters QShenzhenßlndex -QjS6 THE Shenzhen B share market closed lower yesterday, the first trading day of 1998, on a correction after sharp rises over the past few sessions. The B Index lost 0.55 point to 98.42 on turnover of HK$3O million. "B shares have risen a lot recently so
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  632 words
    • 348 22 AFP □WPMtt -130.48 STOCKS dipped 1.6 per cent yesterday, as market sentiment was undermined by the Taiwan dollar's fall to the psychological 33-mark against the US unit. "The depreciation of the Taiwan dollar reinforced the wait-and-see sentiment in the market," said a dealer. The Taiwan dollar fell to 33.050
      AFP  -  348 words
    • 242 22 Reuters Q Wellington SHARES burst into 1996 with the gusto of a mouse yesterday, closing almost unchanged on light turnover. The NZSE-40 Capital Index ended just 0.84 of a point firmer at 2,315.74, with a handful of leading stocks accounting for most of the NZ$4O million worth of trade.
      Reuters  -  242 words
    • Article, Illustration
      805 22 AFP P SET late -151 SHARES finished 1.7 per cent lower yesterday after a volatile day in thin trade. The SET Index eased 6.51 points at 366.18, with falling shares outnumbering rising ones 162 to 73. Turnover was one billion baht. The market fell in the morning as the
      AFP  -  805 words
    • 390 22 AFP nCnipoMteliigi ♦ILOO SHARE prices closed 2.9 per cent higher yesterday, boosted by revived foreign buying. Dealers said, however, that profit-taking in some large caps stemmed the gains towards the close. An analyst said speculation about foreign takeovers of Korea First Bank and Seoul Bank and other local companies
      AFP  -  390 words
    • 570 22 AFP HUfcfcuto *36J SHARES closed higher yesterday as a rising bond market pushed up banking stocks in the market's first full day of trading after the New Year holiday. The All Ordinaries Index rose 35.2 points to 2,644.3. Turnover was 235.5 million shares worth A 1763 million. All major
      AFP  -  570 words
    • Article, Illustration
      688 22 AFP Pi Composite Intox +&82 STOCKS rose 0.2 per cent yesterday, with some leading stocks and dollar earners ending higher, but with the broad market weaker amid further falls in the rupiah. "I think the index managed to go up because of some buying in off-shore listed shares like
      AFP  -  688 words
    • 296 22 AFP Q Manila -18.43 SHARE prices fell yesterday as the peso plunged to a new record low, analysts said. The peso depreciation continues to place the uncertainty level at a point where investors don't want to do anything until things clear up. The PSE Composite Index fell 18.43 points
      AFP  -  296 words
    • KUALA LUMPUR STOCK MARKET
      • 6311 23 ■■■■■■■■■wmmmmmmmmmmm Cmmw priirti LaM va Day Mat Caa nm u» riin uf -000 U» P/» MM 209 }»■■■>■ no uac* I 210 210 It* 85.1 -«r i n «o m 20 axs *2 MO »0 undl 1 MO 160 4.7 64.0 *22 20J J 21 205 200 114 1395.0 oj
        6,311 words
      • 213 23 AFX-Asia Q Composite Index -2SJ7 SHARE prices closed lower in thin trade "esterday, led by a weaker ringgit and concerns fljat mergers within the finance sector indicate deeper trouble in the industry, dealers said. The KLSE Composite Index closed down 25.17 points, or 4.4
        AFX-Asia  -  213 words
    • WARRANTS & OPTIONS
      • 2957 24 Last M Omy Laat Owt* ta« Cw>Mr Wl *w fOOO> H» U» —yr ««—r Mw 10 3000 aAM00tSJ*0202M 10 T S 10.5 is" ILS 3M0 *Acar WOW73IUSS U -OS 4 12 ILS 113 12 Ol n 3M4 AOMH0W724 12 -13 123 12 II O 12 53 26 3161 A4Tach W0I0007
        2,957 words
      • 232 24  -  WARRANT WATCH IUIC Jl Ven Sreenivasan THE recently Issued warrant of Ipco International was one of the few gainers on the market as it edged up two US cents to US$O.B2 yesterday. It rose as the underlying shares fell two US cents to US$2.l7.
        232 words
    • 1817 24 Or Or OOT/»* M 1M» Mr LI—* Mr Ik W M MC« HN» t— 9*— Csaggr 9— P8QO N>» m M» c% w I— 47* 37 as9000 ASBSOc 37 wt -25 IT* 30 37 37 373 50 U U &4 W 07 B MS 9001 AMD* 90c B
      1,817 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1806 25 TUWOVtt COOO) VALUE ('000) Mrt» CH» TtW tM» Cl*» TX« Mw*irM 26,663 9,32* 38,994 76,393 9.4*3 81.876 rtMlK» 4.323 7.120 11,443 33,356 3.226 36.582 HotM 1,674 W9 1,863 2.850 43 2,894 Prop*rtl*f 6.050 3.000 9.050 18,917 617 19.533 PUnUtton 1.062 1.062 877 877 MMn? 169 169 51 51 N-W 1,589
        1,806 words
      • 4970 25 Of Or M Wt 1997/98 Last Vol Day Last Ouote Otv Olv VM Nat Cap Avg High Law StMo Company Sale COOP) Mlgll Law Buyer Seller CVf P/E Jmll Prtce INDUSTRIALS 157 23.5 a 1020 ACE 0ynamics60c 25 -4 15 26 25 25 26 2 O.S 25 5146
        4,970 words
      • 1094 25 or mm ,997/ ytl Day L.«1 Ouo« CMv Wv VM MM C«. A»g i— »«w chimwy s*. <ooo> nun u» »«yc s—c c-»r r/t M Mn *i 1* 2000 t?*T'JL 5C 5! 9 106 105 104 no XO 6.0 0.1 150 0 46.7 115 2049 **r~ 4 7 "J
        1,094 words
      • 217 26 Sbdw t+rnm SM Summit 10c 3,232,000 IPC Corpn 5c 2,378,000 SingTel 15c 2,261,000 •ittf Capital 2,116,000 •**BkFR 1.909,000 •Rrtapacific Bh 1,634,000 HK Land USIOc 1,570,000 DBS Land 1.537,000 STEnggtOc 1.537,000 lano-Pac 20c 1,524,000 Slacks < SPH Foreign 24,180,611 DBS Foreign 9,162,896 SingTel 15c 6,973,648 0C8C Foreign 6,844,635 0U8 Foreign 6,007,050
        217 words
      • Article, Illustration
        57 26  -  -by Shiv Taneja SM SUMMIT closed 10 cents higher at 46 cents on a volume of 3.23 million shares yesterday, compared with its lfrday traded average of 109,500 units. In the near term, tf}e counter is likely to see some downside. However, the weekly MACD chart indicates further
        57 words
      • 660 26  -  STOCK MARKET COMMENTARY Even cheap stocks and last year's good economic growth fail to attract buyers as key index falls below psychologically important 1,500-point level By Ven Sreenivasan [SINGAPORE] Stocks may be at very attractive levels and last year's economic growth may
        660 words
      • ON THE GRAPEVINE
        • 60 26 THE Malaysian stockbroking industry continues to attract analysts in good times and in bad times. Despite the moribund market, a Malaysian brokerage Arm recently received more than 400 applications when it advertised to hire one analyst. The only difference between now and the good times is
          60 words
        • 47 26 THE falling ringgit continues to haunt Malaysians. "Going to Singapore is like going to the US six months ago," said a businessman. The Sing dollar is now worth more than RM2.35. And some six months ago, the US dollar was pegged at RM2.5.
          47 words
        • 113 26 MCDONALD'S has been ordered to pay a total 0f81,357 yuan (5516,760) in fines and compensation to a pregnant nurse in Shenzhen after reportedly serving her a chicken burger containing "strange objects", the BeUing Youth Daily reported. The nurse, Hou Xingbi, began spitting blood soon after tucking into
          113 words
        • 141 26 THE organisers of the Wireless Showcase Asia trade show have become the latest casualties of the seemingly never-ending rounds of bad news spewing out of the region's financial and stock markets. Though more than 120 exhibitors had said they would participate in the show, the
          141 words
        • 101 26 YOU could tell from Christmas presents how the regional currency crisis has affected your friends, a BT journalist has found out. Her best (read most expensive) presents came from people who had income in non-Asian currencies. One branded handbag came from a friend who in July put the
          101 words
        • 69 26 YOU know things are really bad in Thailand when normally respected businessmen have been reported bringing guns to the negotiating table. Granted this has not (yet?) become widespread trend, but a show of force has probably become necessary when it comes to collecting debts. Looking at things
          69 words
  • Page 17 Advertisements
    • 151 17 How many times a day do you *>meone print out a document and then carry it over to the oepier? If you had an Aflcto system torn Ricoh, the answer would be 2wo. >bu can connect multiple workstations, giving evwyc*® the additional flexibility they need. For over GO years, we
      151 words

  • Page 18 Advertisements
    • 681 18 Every nigKt at Hyatt brings you closer to even more free nigkts or flights. Inuring Nights After 91 Stay Receive (at select hotels) 4 N h[ n d I 2 Nights 50% Off A Weekend Night 8 m 4 Nights 1 Free Weekend Night 3 Hyatt Gold Passport' and 3
      681 words

  • Page 19 Advertisements
    • 71 19 if* r iH-'- f '-'t! a?* -**4 THE ABILITY TO FACE GREAT CHALLENGES V I STILL TO THE 1000 COMPANIES IN SINGAPORE ■Hf M M'- WHO MADE IT TO THE TOP ■Hf Jfl V« I I TODAY THE SINGAPORE 1000 HONOURS SALUTES IH I -•I these remarkable companies in their
      71 words



  • Page 22 Advertisements
    • 85 22 /&e..J«o!d\ /^ThTcard 2 the computer 1 Y ou this was a I making for Susan I I advertised in /^rT7\N. goocl deal >/ Y up, we got what\ V is going to be J The Straits Times J f Iwe wanted because real nice! Classified. I lt I W I
      85 words


  • Page 24 Advertisements
    • 45 24 NOW WITH JUST $50,000 GET UP TO 3.33 TIMES FINANCING. The Citibank Margin Trading Account. To Trade In The Widest List Of Marginable Securities, Call 339-7126 Now. THE CITI NEVER SLEEPS Byanchei at 1 Shenton Way 268 Orchard Road 21 Jnrong Eait Si 13 www.citibank.com.ig
      45 words


  • Page 26 Advertisements
    • 45 26 W"" Or make your dream a reality with a piece of realty. Whether you'rfe in the market for a luxurious bungalow or an affordable apartment, you can find it easily in the Classified. Move on to the properties section, Classifications 400 to 569. I CATS.
      45 words
    • 40 26 BOY it SELL;; FIND/; Classified ads are purr... feet for finding lost little kittens. No matter what it is, you can always buy it, sell it or find it with the Classified. TOIL 111 1800-737-1166 i«2j (•II Utof f•• lt<«lts
      40 words
    • 248 26 THE STRAITS TIMES CLASSIFIED YOUR GUIDE TO MORE PRODUCTS SERVICES jjgf BUSINESS Notices To d i v^ 4 r?^' free DEMCO INVESTMENTS PTE LTD (Incorporated in Singapore) (IN MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant lo Scclion .108 of the Companies Act. Cap. SO.
      248 words
    • 636 26 IN THE MATTER OF THE COMPANIES ACT. CAP. M AND IN THE MATTER OF TIPHOOK CONTAINER RENTAL (SINGAPORE) PTE LTD (In Mentors' VdwUn Liquidation) At an Extraordinary General Meeting of the abovenamed Company deemed to have been held pursuant to Section 179(6)0f the Companies Act. Cap. 50 at Hampden Court.
      636 words
    • 245 26 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF SIMBU TRADING CO PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of SIMBU TRADING CO PTE LTD. duly convened and held at 5001 Beach Road. *04-11 Golden Mile Complex. Singapore *****8.
      245 words
    • 391 26 M THE HATTER OF THE COMPANIES ACT, CHAPTER 90 AND M THE MATTER OP UNISUN INVESTMENT HOLOMOS PTE LTD (In VMunMry UquldHon) At u Extraordinary Gcaeral Meetiag of the members of Uaisua Isvestmest Holdiags Pic Ltd duly coavcacd aad held at 1 North Bridge Road 81-16 High Street Ceatre Singapore
      391 words

  • SHIPPING TIMES
    • 318 27  -  Prom', Rajendrm Bajpal m New Delhi ABOUT 80 per cent of technical and feasibility studies for building a US$256 million (*****.64 million) port at 'Dhamra, on India's eastern coast, has been completed and work on a detailed project report Is under way. A
      318 words
    • 21 27 "%<» w MOL ol£ -oow 221 ::WB3£2!& 38 n hjA saSgffg W Hm w £*h 2M2 tssmmrM r* kJSO Source: BRIDGE
      21 words
    • 438 27  -  *92 lntloil Foliation Compensation fond provides coverage of up to about Ss436m By] Marcos Hand [SINGAPORE] Following the nation's worst ever oil spill on Oct 15 last year Singapore has joined the second tier of international fUnds for oil spill compensation. In
      438 words
    • 518 27 Few incidents at sea as many ships stay in port or seek shelter Lloyd's List [LONDON] Ports around the UK and on the European continent were forced to stop working yesterday as gales battered much of Europe on Sunday. But
      Lloyd's List; AFP  -  518 words
    • 266 27 Bernama [TOKYO] Japan's maritime police, the Maritime Safety Agency, has set up a secret an-ti-terrorism squad of nearly 40 officers equipped with advanced weapons, agency sources said. The Special Security Team (SST) at the fifth regional maritime safety headquarters' Osaka Special Guard Station in Izumisano,
      Bernama  -  266 words
    • 398 27 S'pore-b&sed committee planning congestion snrch&rge Lloyd's List [CHITTAGONG, Bangladesh] A go-slow by port workers at Chlttagong has reached a point where a new congestion surcharge, to be imposed by the Singapore-based Chlttagong feeder trade committee, could prove ruinous to Bangladesh's shipping
      Lloyd's List  -  398 words
    • 172 27 AFP [TAIPEI] All 17 crew of a Malaysian bulk cargo ship were rescued unharmed when their boat ran aground off Taiwan's northern port of Keelung late on Sunday after both engines developed problems. Amid strong winds and high tides, four of the
      AFP  -  172 words
    • 219 27 Reuters [COLOMBO] Sri Lanka's main Colombo port handled record container cargo in 1997 and is the fastest growing hub port in the world, the state-owned Sunday Observer reported. "We're growing faster than people anticipated. In terms of world figures Colombo port is the fastest
      Reuters  -  219 words
    • 854 28 JAPAMESB SHIPBUILDING The industry is aiming for higher productivity through computer integrated manufacturing, says a Japanese bank Dai-ichi Kangyo Bank THE total gross tonnage of ships built in Japan is on an upward trend, driven primarily by orders to replace a lot of large vessels which
      Dai-ichi Kangyo Bank  -  854 words
    • 244 28 PACE ECL S ACL 9 i EES 8 AMI 3 Ethiopun Accord 8 tuf0h s AppensMp 5 Ewqrew 6 Astro 3 Austral 9 CUnk 4 B$A 7 Ce«Mrtr«ns 8 Batamindo 7 C, "*H 9 Bayswater 7 HaiSunHup 8 B'tanq Mas 9 COM 8
      244 words
    • 25639 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA CTA Advortisar VMM* Voyaga Talophona tTA ETA AdvaftHOf VnM Voyaga Tatapluwa SIN 0«tfn Www Mama Numbf Numbar S* Qaara Mmm ttiwBor W*or MNBNNNNKMWMMMBBBBNBMBMBMMBRBBBBMMNMMMMBNMNMMBBBMMBMNNMBM ***NWN»*IK»*WM***0WMBMMM0BdBt*M0M00**WBW4WRMRIA«W0MMWW^^W 21/M 14/02 Evargraon t GENTLE HW1W U SKm A 23/01 12/02 COSCO HAMHE OOOSW *S-22M*0 |> u #AB 1% MA*
      25,639 words
    • SHIPS IN PORT
      • 777 41 Vrad Voy Mo Iwtt jnW Iprtiw Mai l« OWN JO! MM 05 OV2300 II T«|M on»T JOI Iiimm orovoTM taiMt siarr 14 jo* <nplt MJMb»oo OnSmi 022 JOI «m|M :':v:30c £c« OIMIII UCS* J22 Hi mm auvaw Ml I V*T JW MM 0T.0I/MM Ml u** OOM JIT 07.0V2M0
        777 words
      • 1432 41 RECEIYIWC Of EXPORT FCl CONTAINERS AND LCI CARQO Bookkif/MMC* Rsth Skip voy Mo Etb/Btr Hrtoi from To Fnm to MMcu 007* 04/0700 U 04/1500 04/1454 04/1100 04/-500 U 04/1700 01/0494 0V040C a 04/1700 05/0451 05/0400 i 0S/S7W os/nn 05/1400 4 05/1200 05/1454 0VT700 to Jf m OS/MM M
        1,432 words
      • 215 41 Jan IS Japan: Adults Day. Jan If United States: Martin Luther King Jnr Day Washington's Birthday holiday. Jan 23 Australia: Australia Day Holiday. Jan 27 China: Chinese New Year Eve. Hong Kong: Lunar New Year Eve. South Korea: Lunar New Year Eve. Taiwan: Chinese New Year Eve. Jan
        215 words
      • 821 41 THIS report compiled by Cockett Marine OU Ltd. shows price ranges In US dollars Instead of single prices for a more comprehensive description of the market. Prices shown are baaed on average-sized stem. Market movements are Indicated. The Cockett Bunker Price Index chance and the Individual
        821 words
      • 346 41 Cart* NO MM N9J 0.4 15.4 0.M 55 0.05 JMl DmMy M* ImMm Ask IImUn 5i««i1 Ho Mm* £25 0 0 2 1 0 0 %IIM MO AM m.1 0J 12.5 0.06 30 0.02 m Ibm MO Mm *90 6 0.7 17.4 0.13 67 OuM gg
        346 words
    • AIR & LAND TRANSPORT NEWS
      • 309 42 Move follows rival Qantas' suspension of South Korea services last week Reuters [SYDNEY] Australia's Ansett Airlines Ltd said yesterday it was reviewing its services to South Korea after the decision by rival Qantas Airways Ltd to suspend its South Korea flights due
        Reuters  -  309 words
      • 212 42 AFP IBEIJING] The China Daily Business Weekly reported on Sunday that government measures promoting private home purchases will dampen already flat consumer demand for another big-ticket item this year cars. The country's loss-making state-owned enterprises are looking to shed their weighty communist-era obligation
        AFP  -  212 words
      • 431 42 It will help remove surplus capacity in Font's Europe plants FT [DETROIT] Ford Motor is poised to announce this week that it win build its new Jaguar X4OO small saloon at its Halewood plant In Merseyside, north-west England. The decision, stiU subject
        FT  -  431 words
      • 298 42 Reuters [GENEVA] Geneva's Cointrin airport saw a steady passenger flow in 1997 despite transfer to Zurich's Kloten of most long-haul flights by the national carrier Swissair, recent figures showed. Nearly 6.2 million people passed through Cointrin during the year, just under 9,000 fewer
        Reuters  -  298 words
      • 482 42 Bloomberg [AUBURN HILLS. Michigan] Chrysler Corp hinted at future designs by displaying a carlike Jeep that raises itself for off-road driving, a Europeanstyle sports car made of composite plastics and a luxury sedan with a V-10 engine. The company introduced these concept vehicles on
        Bloomberg; AFP; REUTERS  -  482 words
      • 1549 42 OTT FUCMT CTA FU6WT PD 9W43 IMS AtaOfeaM CY794 HOP HttVai ***** 1540 T6408 *45 AMaM* 0f81 1930 0f82 2050 WW WO Dt W van zm hocwwia vkmi ijw y*740 vno AmUtrttm S0327 0810 ***** 0125 Jg 10,74 Wi CAMS 0945 HUM 2335 f 1 A1837
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  • Page 27 Advertisements
    • 13 27 Turning to computer power Using computer integrated manufacturing to boost productivity. Pag* 2
      13 words
    • 497 27 Ansett reviewing S Korea fligjits Move follows rival Qantas' suspension of services last week. Back Page POOple SSA Seminars W The Singapore Shipping AssodaVppli Hock Thy#» tt>« position ofjen tion will be holding the following wal ma s| *>qaporeandMalay sia, month Mr Yeoh will be responsible for all sales, marketing,
      497 words

  • Page 28 Advertisements
    • 743 28 l WOftT; 1 in |Q^^CHlEX#w<l(d,oQ vissa |wr ou van sa u sm vtssa vot ju oh mm m cot w sm umsuy iwn 12/12 isTii o/Toi nockm 5iT »/n ii/n 01/01 w/ti MPTtMI AUXANMUTt 35W541 14/11 23/12 00/01 DANNAN »AY 211 11/12 21/12 22/12 12/12 U/01 00/01 MXRUCY A2WSSI 20/12
      743 words
    • 652 28 /i2oKr\ Lines servces represented Members of the [efgJM*] by Members of the Regwtry d £nr9n Singapore Fretght Forwarders Accredited Shipping Agents Association Singapore Shtppng Association f lAL Container Line (UKfLIMITED As Agents Marine Transport Resources IS) Pte Ltd Tel 223 8380 Fax 223 8387 3- "A New Beginning." Weekly to
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  • Page 29 Advertisements
    • 1115 29 |^p|^p^HßTSml^i(un£^TCflHj^g2jiii^H| 1 PACIFIC SOUTH WEST EXPRESS (DIRECT) ALSO ACCEPTING MANAUS VIA LAX/HOU vesa vot I wa- Iswra Isnnp lax ml w> I m I wrc a. hou mm I sia tfICHNA 0231 22/12 14/12 25/12 09/0) 13/01 14/01 14/01 li/01 15/01 14/01 14/01 16/01 WMWOHI 01H 20/12 "317T2~ 01/01 1670T
      1,115 words
    • 2134 29 HANJIN SHIPPING USA CANADA* mva/vw |mm| s« sia m w pm w iwriw oos iwt Imm| pm owi htT~ rn m m i m nagAwiHMM w/oi 11/01 30/01 31/n 01/w >1/01 n/n n/n n/n m/w 04/w m/w m/w m/w 07/w 01 /w w7oT~ m/w m/w m/w K.IKMBIW7I 14/01 11/01 00/02
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  • Page 30 Advertisements
    • 1382 30 <<r DSR-SENATOR Bmn Round the World Container Services TOUKTCONTINENT FROM UK/CONTINENT junta |wt »i htm ant mm ham fu ui* llvroa Iwv I lha I fix I btm Imv I ham nTI nentaMTW wwn nit iui nti nti an 2101 nti choyamfnh am orn mi Ml 2 tin 1212 mm
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    • 1089 30 MY LJNE >nlM<n t b wtp: m '-coin.lw i*,<itt;ljUH4-Hr ik < l/IJfUlil.TTTrPimilUJl.'lJ.'KUlllilJjmißJil.'Wl.'ll'UfMfmilJiliiHinm MNMBL RXEO DAY-TIKSOAY VESSEL VOY LEH FIT HAM ANR HFA SIN MING GALAXY 99/A746E 10/12 11/12 13/12 15/12 23/12 06/01 MING SUN 00/A747E 17/12 18/12 20/12 22/12 30/12 13/01 PAX 02/A74M 24/12 26/12 28/12 29/12 07/01 21/01 GIBRALTAR
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    • 431 30 UNI ■r TUtltlMMNUblSlllll I^UmTrUBUANT vissa vot no n* vusa vor no m SFOtf MIMA SPOtf IN iprosfb vou/io su 07/01 inosra vou/io su 07/01 ma.cum vou/io 00/01 11/01 moon vou/io 00/01 12/01 inosrat voa/n 13/01 14/01 innsra yox/n is/01 17/01 AFUOOtT VOX/tO 17/01 20/01 tfttGUMT W&/H 17/01 >1/01 imtsm vox/io
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  • Page 31 Advertisements
    • 1189 31 VOY IWW I MKK I IKI4J I PKO I PMN I MLW I BUW IMA IWK IRAN MOWN PJL-1282 02/12 11/12 13/12 IRAN VAHOAT PJ4.-1288 28/12 08/01 IRAN YCYFOURt ML-1287 08/01 18/01 IRAN TAKMTI PJL-1288 18/01 I I- I" 24/01 Li ACCEPTING CONTAINER,'BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN A
      1,189 words
    • 1473 31 11(111 mi VEU. *****35 6 SH{NToI wAY nL 226 WO M *****0% 0(Sw!!d|I/1^""""l I COSTA* SHIPPING Ml LTD H7-mnshd6 saus/mgs s 4»5«41/43 imio oirr (o/o) 4»s7ts COSTAR AGENCIES (M) SDN BHD q MO; *****W000M1 TOWti TWO (OiMOf) COWVtirTKXUU. w/wr [Flit vu n h m x yslw m m n voium
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    • 509 31 'j-m EASTERN CAR UNER, II E i ta (sinoaporb rn ltd JSXS* M SPfCIAUZI IN RORO HEAVY UFT UPTO 122 TOWS fQ (SIM6APOXE) FIE UO LOADING FOR JEBEL AU (DUBAI)/PORT KLANO JAKARTA MV "SEKI KOCHI" V.124 MV "SAN JIANG KOU" V.21 ETA SIN 03/01/98 ETA PKI 05/01/98 SaSS/SJ/S ETA JEBEL
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  • Page 32 Advertisements
    • 1223 32 EUROPE/UK/SCANPtNAVIA/FINLAMO/WUSSIA rssn RDM ANW HBG THP 2EE LHV I LHV THP ROM ANW HM P*L SGP I i. RfPUTi Rw-tii io/n 2Mi nm 31/01 urn n« 04/02 i. goods k-bm 11/12 i*u 12/12 102 un RACER AW-828 17/11 OM2 11/12 87N2 IM2 18*2 11*2 E. GLEEFUL RE-MI IW2 11/12 11/12
      1,223 words
    • 774 32 Cwrlor MN COUTH UNES, INC l-N I MnmmM MAMLAifUqraMt POOHO: (04) *****30 BANGKOK: (002) *****07 SURABAYA: (31) *****0 B KELAMQ: (03) *****77 JlCft (21) >*****7 MOlfc (01) f44OM tyo/yok/osa/ukS lae/port moresly MV "ASIAN POLLUX" V.N524 MV "CAPE KEPPEL" V.O2S/98 ETA SIN: 11-1-98 ETA SIN: 11 -1 -98 ROTTERDAM/HAMBURG AUCKLAND MV
      774 words
    • 403 32 > NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS/SOUTH AHtKA VBSa I ¥0T I SW 1 rm DMB I (FT I i/mt" soma Oman 002s 12/01 22/01 mi 31/W mwuhmkbs om i»/di n/n a/n maouai wss 25/111 02/02 w/w w/w maiHUM m h/m wn mi mmotmm ope w/k i>/b urn n/n
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  • Page 33 Advertisements
    • 546 33 i BSA a. ten MYANMA IHBk FIVE STAR UNE (Myanmor National Lint) Loading far Yangon (Raafaaa) VtSSII VOY SIN PRG PEN PGR NPA-AN 239W $10 HAKHA 412 MPT MALAYSIA AGENTS: OOUSTIAD SHIPPING ACiNOiS KIIL 111 02-03-*****00 Ml: HI 02-03-*****01 Kit TE 02-04-*****02 POO: HI 02-07-*****21/4 BANK LINE (A s«rvi<( of
      546 words
    • 1123 33 £k HYUNDAI I MERCHANT MARINE CO. UP. iresa 5 IBt I «1M I ANI I NAM I OM I W~] IVtSSII VOY lUN 1 OtE I HAM IH I AMY I »TM I SOI I MY COMMOPOOI 31OW 12/01 20/01 30/01 01/02 01/02 01/02 04/02 NT ADOURAL 3101 11/12 21/12
      1,123 words
    • 637 33 ncywegon speoofeed outocomen g/gfmgstusM @o)§(o]<3 TO NORTH AND LATIN AMERICA [vissa [~vor [air height| sm lax cki mia sav ml oof ktc nm mob TBB IRS 466 fen TSI IS7oT 1576TT1755 "WoT *****" 2575T J4/02 27/01 WoTWSr TOM HO3 400lw UN 29/01 2S/02 05/03 00/03 10/03 12/03 13/03 14/03 19/03
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  • Page 34 Advertisements
    • 904 34 ■ANOKOK/LABM CHAIANO JAKARTA/PAN J ANQ VEBBgL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN NANTASHUM 375N In Pt 10/01 09/01 DEJA BHUM 729S ~n Pt 09/01 08/01 OHA BHUM** 38N In Pt 08/01 MATHU BHUM ***** 08/01 10/01 ■XETHA BHUM I 223N 07/01 11/01 MATHU BHUM 366S 06/01 10/01
      904 words
    • 373 34 BINTANG MAS SHIPPING PTE. LTD. 30 NEIL ROAO, SINGAPORE 0206 TEL: *****68 FAX: *****64 TLX: R*****6 SINMER CP No: **********0W BacaMng Cargo at PTI I Biltutu I I Mumm mm m m m mm m m m IS«ri« V*IOIE 09-10/01 11/10 MM WSOIE 0910/01 14/01 2K5 IS 16/01 20/01 »Ww
      373 words
    • 761 34 ACCORD fk SHIPPING PTE LTD m *****13 (40 Unas) FAX *****30 KMKUMG (03) 347 lOC I mm M DIRECT ACCESS Tit: *****55 (EXPORT BOOKING) HSM OUOAMC (07) J*****7 *****34 (EXPORT DOC), *****39 (IMPORT) ffIUM 194)*****4$ URLHTTP://WWW.ACCORD.COM.SG JAJUUtU (71) 440 0770 *>it msm "port itasin foot hatin port rafin (FAR EAST)
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  • Page 35 Advertisements
    • 409 35 pbhs INDONESIA NATIONAL LINE TO EUROPE "1 m Ihmm ißiMtw luimw' >.«wl «mi| gjSg j tin 1/a omit m TO AUSTRALIA 1 full cowpywro senvicc WL wii|rrD| waj wm| wiThST imumi tw|wn itr| |njti|aiti|»*»l |m»| NOWUJtPWMWK |ntl|B«|lMt|«M»| m.atirm. IwilagjiffiliMtl FEEDER SERVICE TO INDONESIA vor srm m mm m maun ii/mm
      409 words
    • 1013 35 ADVANCE CONTAINER LINES (PTE) LTD ——-API 140 CmR StrMt, #12-00, PIL Building, Singapore *****0 M Li TEL: *****21, FAX: *****19. TELEX :RS ***** ACLPL —CR NO. **********0E OPERATIONS: *****6QT *****06 •v WHOM I JAKAifA J^ ccp VlSSfl VOY SM BKK vpw> VWT 25! jZySd 015N 07/01 Vyhi 10/01 SNAft NUSA
      1,013 words
    • 964 35 VEBBS-8 VOV 9H JED MLA LEH HAM TOP HTM 1 VR-LEOCNOHMA N23W O>W 14/01 WW 28/01 27/01 3*ol ~~»01 ~SoT~ WXE OCQEMMA H23W 15AM 23/01 28/01 02AH (HAH 06/02 08/02 07 AH VUgITOWON Y23W 2MH 28/01 (HAH o*o2 OBAH 11/Qg 11 AH 12/P1 Vai£OC>BBBOBA V23M/ 27AH (HAH 08*02 IMB I«AH
      964 words



  • Page 38 Advertisements
    • 56 38 To retrieve more schedules, Just follow these simple steps... document /LisX 740-6000^^^^^^ tep be faxed Jr mJ* m A y U —v/|r "1" the port Step key in the four y f JKhone number /jm Jt code Of Key in your Example: r-J—, fax number To NEW YORK (NYC) 2275
      56 words



  • Page 41 Miscellaneous
    • 110 41 jj^ LEGEND: R Thunderstorm Temper oture y Shower Weather Wind direction with speed in knots ee Rain Cloudy Sky Wov *«<«h' Serfjce winds are indicated by arrow* wfcidi Hy wrtfc the wind One h* crcte represents calm or Ight ond vonotole winds 1, One half Heche represents 5 knots L»
      110 words

  • Page 42 Advertisements
    • 111 42 (I)M.V. "TWINKLE ACE" VOY. 108 AMD 27 DECEMBER 1997 (2) M.V. "BROTHER STAR" VOY. 68 ARRD 1 JANUARY 1998 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 7 January 1998 *****200 hours at P9 (NTY's Office). No
      111 words