The Business Times, 12 January 1998

Total Pages: 42
1 42 The Business Times
  • 12 1 THE BUSINESS TIMES MITA(P) IKVI2/97 Internet: http://www.asial.com.sg/biztimes SINGAPORE MONDAY, JANUARY 12,1998 85c
    12 words
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  • 790 1  -  Fond is said to want to debt moratorium at all costs From I S N Vasuki in Jakarta SENIOR International Monetary Fund and Indonesian officials yesterday claimed progress in crucial talks towards defusing the economic turmoil that is threatening to rend the country. The IMF
    REUTERS  -  790 words
  • 282 1  -  By: Diana Oon [SINGAPORE] In talks that are expected to focus on the deepening financial crisis in the region, US Deputy Treasury Secretary Lawrence Summers will meet Prime Minister Goh Chok Tong at the Istana this morning, before he leaves for Indonesia in the
    282 words
  • 713 1  -  Finance industry seen to be worst hit due to Asia turmoil By] Benjamin Tan [SINGAPORE] Coming on the back of a bad year, job prospects for 1998 aren't looking rosy, say most headhunting firms here. Summarising the sentiment of many employers,
    713 words
  • 734 1  -  HE govt roles oat any bail-out after tiuled Zurich Group deal From Loh Hui Yin in Hongkong BELEAGUERED Peregrine Investment Holdings, Asia's largest investment bank, is holding frenetic negotiations with potential "white knights" after Friday's shock announcement that the US$2OO million (*****.3 million)
    734 words
  • Page 1 Advertisements
    • 172 1 emote i i A new |38-millioa city club called Sir Stamford Raffles Qub will open at Suntec City later this year. The *****0 sq ft dub will be the limp si city dub in Singapore's flancial district, P|2 -H'' j&' J- "k ■■huh Net balking in Amu Ma)orAaean banks are
      172 words
    • 21 1 PM sees Asia turmoil as major test, Pg 2 US is Asia's ally in good and bad times: Cohen, Pg 4
      21 words
    • 66 1 de/uiiJ 7<966> I J* s-jIM a. Tht timeless line* of mechanical perfection IN SINGAPORE: Cbopard Boutique, 435 02-36, Wiuu Atria, Tel. 65/737 64 Fax *****5 82 00. Dickaoa shops: The Centrepoiot, Sunlec City Cortina shops: Lucky Plasa, Millenia Walk, I Raffles City, Paragon. For more information: Cbopard Asia Pte Ltd,
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  • SINGAPORE AT HOME & ABROAD
    • 610 2  -  PAP PARTY CONVENTION S-E Asa risks social unrest and political instability if crisis is not handled well Reportsbf Teh Hool Ling THE currency turmoil is South-east Asia's gravest crisis and biggest test since World War 11, Prime Minister Goh Chok Tong said yesterday.
      LAU POOK KONG/ST  -  610 words
    • 353 2 THE government will consider expanding the responsibilities and functions of the Ministry of Labour to include manpower planning and development. It will also consider an alternative, creating a Ministry of Manpower. This is Prime Minister Goh Chok Tong's response to a recommendation by PAP activists
      353 words
    • 299 2  -  EYE ON THE ECONOMY Electronics By, Jennifer Lien AFTER declining in October, new orders for electronic components in the US rose 9 per cent in November, latest figures show. This compares to October's surprise 6 per cent year-on-year drop in sea-sonally-adjusted terms. October's fall is a
      Source:  -  299 words
    • 600 2  -  fSr fiframfiqnl BlfflflTj Club part of new regional dob chain By. Jenny Lam A NEW $38-million city club called Sir Stamford Raffles Club (SSRC) will open at Suntec City later this year as part of a planned chain of regional clubs.
      SIEW YAW HOONG  -  600 words
    • 434 2  -  Ex-tenant's appeal against summary judgement to proceed By, Jenny Lam PONTIAC Marina has postponed its winding up petition against former tenant Richmall Holdings until the latter's second appeal against an earlier summary judgement for unpaid rents has been heard. Just before the hearing
      434 words
  • Page 2 Advertisements
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  • REGION
    • 609 3 BEIJING Official statements of firm growth mask a vulnerability amid the region's crisis Reuters COOL amid the Asian economic meltdown, China is insisting its economy has rarely been in better shape. Yesterday, once again, state media trotted out an eminent economist to
      Reuters  -  609 words
    • 282 3 TAIPEI Delegation to visit M'sia, Philippines, Indonesia, Thailand AFP TAIWAN'S top economic policymaker PK Chiang was due to leave yesterday with a high-powered business delegation to seek investment opportunities in economically devastated South-east Asia. Mr Chiang, chairman of the cabinet-level Council for Economic Planning
      AFP  -  282 words
    • NOTE Book
      • 86 3 AFP [ZHANGBEI COUNTY, China] Tens of thousands of people faced freezing temperatures and the threat of severe aftershocks yesterday as the Chinese army mounted a relief operation following an earthquake here which killed 47. More than 44,000 people were left homeless in Zhangbei, Shangyi and Wanquan counties
        AFP  -  86 words
      • 70 3 AFP [TOKYO] A growing number of Japanese feel that their country's ties with China and South Korea have improved although many still feel unfriendly towards both countries, news reports said yesterday. An annual survey released by the Prime Minister's Office during the weekend showed 50 per cent do
        AFP  -  70 words
      • 80 3 AFP [NEW DELHI] India's oil import bill will fall by more than US$2 billion (553.5 billion) in the fiscal year to March due to reduced global prices, the Press Trust of India said yesterday. The state-run Indian Oil Corporation said oil imports were likely to
        AFP  -  80 words
    • 335 3 MANILA Reuters A TOP aide of Philippine President Fidel Ramos has resigned from the cabinet, and newspapers yesterday said the ruling party could suffer more defections in the run-up to presidential elections in May. Mr Ramos announced that he had accepted the resignation
      Reuters  -  335 words
    • 92 3 [TOKYO] Far more bracing than a cold shower, a good soak in freezing waterfilled with large blocks of ice— in the winter will do wonders, Shinto believers maintain. Masamitsu Nakagawa, a 90-year-old Shinto priest, showed just how cold it was, grimacing as he
      AFP  -  92 words
    • 238 3 MANILA Reuters THE Philippine Senate has passed a new oil reform bill designed to free the oil industry from decades of state control, senators said yesterday. The proposed law, approved by a 13-0 vote on Saturday night, would replace an earlier oil deregulation law
      Reuters  -  238 words
    • 547 6 TOKYO Speculation rife that Japanese PM may have to step down as early as March AFP JAPAN's Prime Minister Ryutaro Hashimoto entered his third year in office yesterday as economic woes cast a gloom over his cabinet and fuelled rumours that he could
      AFP  -  547 words
    • 379 6 SRIPERUMBUDUR, India Vote Congress, back Rajiv's agenda, she tells southern voters Reuters SONIA Gandhi set out on the campaign trail yesterday with a low-key speech and a pledge to Indian voters that she was not looking for office. The Italian-born widow of former prime
      Reuters; REUTERS  -  379 words
    • 256 6 ■TOKYO AFP JAPANESE prosecutors plan to launch investigations this week into a new bribery case involving top broker Nomura Securities Co Ltd and a former government official, news reports said yesterday. Nomura is suspected of having spent at least 2.5 million yen
      AFP  -  256 words
    • 294 6 SYDNEY Dubious applications mainly by Filipinos, Chinese, Indonesians AFP THOUSANDS of Asians are lodging bogus applications for refugee status in order to work in Australia, the government said yesterday. More than 11,000 applications for refugee status were submitted in 1996-97 compared to
      AFP  -  294 words
  • Page 3 Advertisements
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      187 words

  • MARKETS IN TURMOIL
    • 656 4  -  LBTTERFROM JAKARTA Transparency is needed in the Fund's prescriptions of strong medicine By S N Vasuki SENIOR officials of the International Monetary Fund (IMF) love to preach the "T" word to member countries— transparency. Governments that pursue transparent policies, they
      656 words
    • 594 4 But reforms needed to end crisis, he stresses at start of 12-day trip to region Reuters [KUALA LUMPUR] US De fence Secretary William Cohen assured Asia yesterday that Washington was a steady ally "in good times and bad", but
      Reuters  -  594 words
    • 358 4  -  Falling rupiah nm defaults bat recalling loans won't help By I Siow Li Sen [SINGAPORE] Banks will have no choice but to sit tight on their Indonesian loans given the rapid-fire deterioration of the rupiah, say investment bankers. At
      358 words
    • 287 4 Reuters [NEW YORK] Moody's Investors Service on Friday cited increased pressure on Indonesian companies and banks and pointed to the rollover of South Korea bank obligations when it lowered the two countries' ratings. Moody's said it needed to cut South Korea's foreign currency
      Reuters  -  287 words
    • 194 4 AFP [BANGKOK] About 5,000 people marched through the streets of Bangkok yesterday as the "Thais Help Thais" campaign to support the battered baht reached its patriotic climax. In the biggest show of public unity so far, marchers stretched for hundreds of meters
      AFP  -  194 words
    • 256 4 Reuters [HONGKONG] Hongkong's Chief Secretary for Administration Anson Chan on Saturday firmly denied rumours that the government was reviewing the local currency's peg to the US dollar. "I have heard rumours that the SAR government is reviewing the link. "I want to stop this
      Reuters  -  256 words
  • Page 4 Advertisements
    • 211 4 wv a. iSaPBiM MiflKW A i .i J^w®f?^2HS£M Featuring: H Datuk Seri Or Mahathir Mohamad, H Prime Minister, Malaysia H I Stan ShiK, CEO, Acer H Tadahrro Sekimoto, Chairman, NEC H Dr Kenichi Ohmae, Ohmae Associates H The Economist Conferences' Roundtable on Electronic H Communities in Asia will offer you
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  • Page 6 Advertisements
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  • Page 7 Advertisements
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  • THE WORLD
    • 509 8 WASHINGTON Growth may last long enough to give US economy its longest peacetime expansion Bloomberg US President Bill Clinton's top economist, Janet Yellen, has said that growth could continue long enough to give the US economy its longest peacetime expansion since
      Bloomberg  -  509 words
    • 297 8 WASHINGTON Sales dip 0.7%, so goods sat longer in stocks than in Oct Bloomberg INVENTORIES of goods at US wholesalers rose more than expected in November as a slump in sales meant warehouses were slow to empty, government figures showed. Wholesale inventories rose 0.9
      Bloomberg  -  297 words
    • 317 8 TOKYO Reuters UK Prime Minister Tony Blair said yesterday that Britain would be seriously hurt if the launch of Europe's single currency were to fail whether or not it decides to join. Mr Blair told BBC television that the euro would
      Reuters; REUTERS  -  317 words
    • 92 8 LAHORE AFP UNIDENTIFIED gunmen yesterday massacred 23 people in one of the worst sectarian attacks in Pakistan where religious vendettas last year claimed around 200 lives, police said. Officials said 36 people wounded in the attack had been receiving treatment in two hospitals where
      AFP  -  92 words
  • Page 8 Advertisements
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  • BUSINESS IT
    • 501 9  -  Singapore ready to roll, Indonesia testing systems, Malaysia has intranet banking Reportsby Toh Han Shih [SINGAPORE] Major Asean banks are getting serious about Internet banking, with Singapore leading the way with the involvement of almost all its large banks. Singapore, Malaysia, Indonesia and the
      501 words
    • 301 9 [SINGAPORE] A banking paradigm adopted by North American banks with the onslaught of the Internet will be introduced to the Asia-Pacific region by US giant IBM. Fifteen North American banks and IBM have formed a consortium called Integrion to confront the new
      301 words
    • IT TAKES
      • 35 9 [SINGAPORE! US networking giant Cisco Systems has appointed Gene Deutsch technology marketing manager for South Asia, based in Singapore. Before Mr Deutsch joined Cisco, he was product manager at Cabletron Systems.
        35 words
      • 41 9 [SINGAPORE] Cyberville Technologies, a local Internet firm, has introduced Sing Post, a free virtual e-mail service for life. It allows subscribers to obtain a permanent e-mail account without cost. For farther information, visit http://www. singpost.com
        41 words
      • 38 9 [SINGAPORE] Datacraft Asia has appointed John Kan as Singapore managing director and also South Asia regional director with effect from Jan 2. Before Datacraft, Mr Kan worked for AT&T and Singapore Technologies Group.
        38 words
      • 38 9 [SINGAPORE] The National Computer Board will present the Digital Libraries Asia 98 Conference and Exhibition from March 17 to 20at the Westin Stamford and Westin Plaza Singapore. For more information, visit http://dla96. digilib.org.sg
        38 words
      • 43 9 {SINGAPORE] Sports Web, created by Reuters and Digital, is an interactive Web site on the Internet that provides news and developments in sports from around the world. Access is free and there are no subscription or downloading costs.
        43 words
      • 41 9  -  -Oaaffladkr 1 Toh Han Shih [SINGAPORE] Compaq Computer is doing its bit to support the arts and education in Singapore. It has donated $100,000 worth Of computer equipment to the LaSalle-SIA Autodesk/Compaq Multimedia Studio.
        41 words
    • 601 9  -  Market leader lomega shrugs off rhftllftngfl From] David Welcher in New York REMOVABLE hard drive maker Syquest, touting research data projecting explosive growth of the genre, is pushing a new generation of affordable high-capacity products that it believes will help it grab a
      601 words
    • 394 9  -  Meta Group says briefing drew 'overwhelming' response By: Kenneth James [SINGAPORE] Outsourcing may be bad news for many corporations worldwide, but that hasn't stopped a growing number of Singapore's larger organisations from wanting to know more. Outsourcing where a company contracts
      394 words
    • 295 10  -  Biz Map Navigator has 280,000 business entries on CD-ROM By\ Raju Chellam [SINGAPORE] It is a street directory and the Yellow Pages combined. It can locate any of among 280,000 Singapore-reg-istered businesses. And it can tell you the exact distance between
      295 words
    • ON THE SHELF
      • 63 10 HOMEGROWN Axon Research has unveiled the Axon9B. the latest version of its idea-processing software. Aimed at companies, educational institutions and individuals, the software is able to perform a host of functions, from generating ideas to developing and tracking large projects. Axon96 comes in 16-bit and 32-bit
        63 words
      • 68 10 NOW that the currency crisis has slowed property purchases, real estate agents are finding new ways of getting Singaporeans interested. Take The Property Place, a Website designed by Visual Ad Pte Ltd, which claims to be "the region's first visually-oriented property advertising system on
        68 words
      • 43 10 CANON'S new BJC-7000 colour inkjet printer, with water-resistant inks, is now available. The printer uses Canon's plain paper optimised printing technology with a seven-ink cartridge that produces 1,200 dots-per-inch resolution printouts. Canon said the printer will retail for *****.
        43 words
      • 81 10 SINGAPORE'S McQ Station has produced what it calls "Asia's first album to contain music produced from a sound card —Creative Technology's Soundßlaster AWE 64 Gold". The album has vocals by The WahLau Gang, and all the instruments are digitally produced by the sound card. Album
        81 words
      • 67 10 WRQ Software has announced it will supply a free copy of its Express Meter Audit Kit "to IT departments caught short by Microsoft's recent decision to cancel concurrent licensing for MS-Office". WRQ said that by using this kit IT departments "can tell which of Microsoft's
        67 words
      • 56 10 SHARP-ROXY Sales Singapore has introduced a new line of notebooks running Intel's 200 MHz Pentium with MMX. Called the PC-M2OO, it comes with 13.3-inch XGA display, 3D sound retrieval system, 32 MB RAM, 2.16 GB hard disk and USB (Universal Serial Bus) support. Sharp said the
        56 words
      • 70 10  -  -Compiled far Raju Chellam COMPAQ Computer Asia has announced its Internet Webserver bundle for businesses to build and manage their own Websites quickly. It features integrated, industry-standard Web software based on "best-of breed partnerships with Microsoft and Checkpoint Software". Compaq said the bundle is available in
        70 words
    • 593 10  -  By Keith Eagles The author is general manager, ERA Technology (Asia) Pte Ltd. IT IS well known that the computer programming convention of using two digits to represent the calendar year will lead to calculation errors when "00" is used for the
      593 words
  • Page 9 Advertisements
    • 183 9 FACT-IBM Seminar RS^SSSI Coping with the Currency Crisis using I| mJ k T J| Real-Time Accounting 11 HI January 13, FACT Software International Re Ltd and IBM Singapore Pte Ltd are pleased to invite I you to a special seminar on January 13,1998. This seminar has been organised to help
      183 words
    • 27 9 If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. fa CATS. Another Classified Service
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    • 181 9 University of South Australia Adelaidc PhD MBA asajfgaassJM i Tth Irfifcn —arrh 'Hft V *MMBbSW* to develop Innovation and Creativity, Leadership, 100% in Singapore Min 3 years Entrepreneurial, Strategic Thinking High level of face-to-fke contact fflj 1 and Communication Skills Internatiortalteam of PhD HHI .18 months; 100% in Singapore supervisors
      181 words

  • Page 10 Advertisements
    • 153 10 c 11 first started talking about firewalls," total's Dr. Brian Raid, "people thought I furring to things made of brieks and not computer code. We built the first ?t firewall for ourselves back in .'B3 so we could connect our network to the Internet safely. Recently, a Digital team packaged
      153 words

  • Page 11 Advertisements
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    • 146 11 Wm f„ BUFFET DINNER Adult: Child: $14 (XT™ 30 Dec '97 to 29 Jan 98 Kintamani Indonesian Restaurant For reservations, call 733 2081 ext. 463 Teochew Porridge I Dinner t\ TRY OUR TEOCHEW PORRIDGE BUFFET Mjjjl < \C^SPI• WITH FREE FLOW OF RSI CHINESE TEA FOR A Lj| fr MOUTHWATERING
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    • 165 11 CtUhrau 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, 6.30pmt09.30pm. Call! 31 7990 to make your reservations now. m CROWN E PLAZA* SlNG*»oftt Fwwnl-, Urn HUmUy Imm
      165 words
    • 215 11 Buy It. Sell It. Find It. Classified. f& CATS. I Call Today For Results Tomorrow. 1800-*****66 DOMfitE'C'LHVS LOBSTER HOR FUN Traditional hawker-style 'hor fun" with a difference. Prepared with our juicy and succulent Slipper Lobsters and black pepper, this outstandingly delicious dish is only $9+++. For reservations, please col (TyftifJJpA
      215 words
    • 149 11 3 A fa*ri"s?fy*vyt4r oeliir4tUH 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 831 6262 for more details. Le±rJW j 333 Orchard Road. SJngaf*** J3M67. Tel T*****1 a EBllll you* fe«H\ info succule*f
      149 words
  • Page 11 Miscellaneous
    • 781 11 TVvRADIO r l Song. 11-00 TV Innovations. O MIMII3 1L45 Cybill Kiss Me. You LOO AM Close. 2.00 PM TV Innovations. <9VI L 2-30 The Winners. ia_m AM Chicago Hope The 3.00 Money, Money, Money. Lung And The Restless. 12.00 PM Berita Tengah Hari. 1 S 3*o Talk of Asia.
      781 words
    • 204 11 CRYPTIC CROSSWORD 12 The world of scholars feature a —l^j 14 Devious Mac with hard curren--25 Public showing by Sarah lay28 State or five-sevenths of one 29 Obsessive desire to do light criminal work? (9) 8 Last large payment to come to SATURDAY'S SOLUTION 30 One has to last to
      204 words

  • EXECUTIVE LIFESTYLE
    • 940 12  -  David Henry Hwang turns to his own family history to produce a play that embraces an external and internal view of society, says bem munroe BEN MUNROE SATURDAY saw the heavily hyped arrival of David Henry Hwang's latest play Golden Child in Singapore before its New
      FILE PHOTO  -  940 words
    • 619 12 OBITUARY Briton's distinctive works grappled with music's past and hig iAttla NYT SIR MICHAEL Tippett, whose distinctive and sometimes perplexing music made him the best-known British composer since Benjamin Britten, died on Thursday at his home in London. He was 93. He became
      NYT; FILE PHOTO  -  619 words
  • Page 12 Advertisements
    • 112 12 Victor Khor International Celebrity Series proudly presents: Beethoven, Liszt Prokofiev LIVE at CHIJMES Come hear the Great Belgian-American Keyboard Legend TecWJoselson celebrate these piano classics Beethoven Sonata Op 10 No. 2 Liszt Sonata in B Minor Prokofiev Sonata in No. 8 Op 84 Concert Dates Man 19 Jan 98 (solo)
      112 words
    • 252 12 Golden Child is at Victoria Theatre until Jan 25. For tickets, call: 348-5555. To give a rousing start to the New Year, jffifej jjfjjlj The Yunnan Group of Restaurants q| activities for the occasion. Pre*Festive'Lo'Hei'Celebrations 'Toss-up' to a better year ahead before anyone else with our specially prepared Salmon or
      252 words

  • COMPANIES & MARKETS
    • 593 13  -  Sm tumbles 23% in 6 trading days, could sink below 1,000 if sell-offe continue By. David Boey [SINGAPORE] Shares ended their first full week's trade on the stock exchange on a harrowing note as bears slaughtered the market, with analysts warning
      Source: Bloomberg  -  593 words
    • 748 13  -  MARKET MATTERS Merger will stand financial Institutions on firmer footing By Eddie Toh Malaysia will soon have its own version of big banks and finance companies. Financial institutions are finally heeding the Malaysian central bank's incessant nagging for them to merge in order to face
      748 words
    • COMPANIES
      • 676 14  -  Group arranging two more loans for subsidiaries totalling USs27sm Byy Conrad Raj [SINGAPORE] Despite the devastation of its share price by the contagion effect of the regional currency and economic crisis, Asia Food Properties (AFP), the Singa-pore-listed arm of
        676 words
      • 1487 14  -  Robert draa's dream of wholesome TV may soon come to in end Fromi Quak Hiang Whai in Hongkong ROBERT Chua is fiercely on a campaign trail. But Singapore's most famous export in the Asian TV scene is not promoting the "No Sex,
        1,487 words
      • 668 14  -  Decision is final, investigation completed, he says From Meera Tharmaratnam in Kuala Lumpur MALAYSIAN Finance Minister Anwar Ibrahim yesterday supported a regulator's ruling that United Engineers (Malaysia) Bhd need not make a general offer for Renong Bhd shares it does not own, and said the
        668 words
      • 195 14 [SINGAPORE] Taking advantage of a liberalisation in CPF rules, OCBC Asset Management (OAM) will launch its Savers Global Trust Fund today, a unit trust investing in global markets. At least half of Savers Global's portfolio, OAM's third CPF-approved fund, wiU be invested in Singapore and
        195 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 407 16 It plans to use the combined proceeds to reduce debt, make new acquisitions Bloomberg [HONGKONG] First Pacific Co has agreed to sell its stake in Hagemeyer NV for about US$l.55 billion (552.7 billion) and plans to sell other businesses and buy
        Bloomberg  -  407 words
      • 485 16 Bloomberg {SEOULJ Daewoo Motors of South Korea has bought debtridden Ssangyong Motor for 1.8 trillion won (551.75 billion) of assumed debt and cash. By buying loss-making Ssangyong Motor, Daewoo, South Korea's second-biggest carmaker, will broaden its product line, entering the market for sport-utility
        Bloomberg  -  485 words
      • 283 16 FT [CHrCAGO] Owens Corning, the US building materials producer, is to cut 2,200 jobs about 9 per cent of its workforce as part of a restructuring to combat pricing pressures. The losses will be spread equally between its North American and overseas operations. The
        FT  -  283 words
      • 323 16 Court urged to uphold ruling allowing long-distance service Reuters [WASHINGTON] Consumers would save US$7 billion (5512.4 billion) a year if the regional Bell operating companies enter the US$BO billion long-distance market, the companies said in court filings last Friday. In filings in
        Reuters  -  323 words
      • 393 16 It'll be foundation of devices linking homes to Internet via cable Bloomberg [LAS VEGAS] Tele-Communi-cations Inc will use Microsoft Corp software to run its cabletelevision boxes, making Microsoft the foundation of the devices that will link homes to the Internet through cable wire. The licensing
        Bloomberg; REUTERS  -  393 words
    • FINANCE & COMMODITIES
      • 452 17 Premium rates fall as insurers consolidate to form companies with a global reach Bloomberg [LONDON] Lloyd's of London is expected to post 1997 profit of £462 million (Ssl.3 billion), down 25.7 per cent from an estimated £622 million in 1996, as
        Bloomberg  -  452 words
      • 466 17 Revised estimate co&too prices fMhgti 4-year Iwr Bloomberg [WASHINGTON] US farmers harvested a larger-than-expec-ted cotton crop, the government said on Friday, sending prices to a four-year low. Prices tumbled because the crop could add to the unsold cotton left in US warehouses
        Bloomberg; FILE PHOTO  -  466 words
      • 333 17 Reuters [LONDON] Intense competition in the UK personal general insurance market is likely to prompt increasing consolidation among the industry's largest companies to counter falling market share, said a report from management consultants Datamonitor. The report, entitled UK Personpl General Insurance, said the lesson
        Reuters  -  333 words
      • 259 17 Reuters [LONDON] HSBC Holdings' British banking unit Midland Bank launched a jumbo US$l billion (Ssl.B billion) bond on Friday which arranging bank HSBC Markets said was a "routine transaction". HSBC shares fell quickly on the news. The stock was down 6 per cent
        Reuters  -  259 words
      • 423 17 LAT-WP [WASHINGTON] Arthur Levitt, chairman of the Securities and Exchange Commission, would like to see his key people get something extra. The SEC. which is losing experienced lawyers and accountants to high-paying pri-vate-sector jobs, has proposed offering some of its most essential
        LAT-WP  -  423 words
      • Article, Illustration
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        1,560 words
    • FUTURES
      • 598 18 CURRUM 0 V Roundup AFP [HONGKONG] Asian currencies endured another wretched week, with the Indonesian rupiah, the Malaysian ringgit and the Thai baht aU hitting record lows. JAPANESE YEN: The yen feU back against the US doUar in volatile trade during the week on renewed
        AFP; Source:  -  598 words
      • 860 18 COMMODITY Weeklyßoundup AFP (LONDON) Asia's financial turbulence wreaked havoc with the commodities markets last week, as economic instability and an expected slump in growth rates there ravaged consumption of metals and edible goods. Sharp losses in regional currencies set alarm bells ringing in
        AFP; Source: Bloomberg  -  860 words
    • 1705 18 SICOM FUTURES Jan 9 SWKI (Mum doting ts at SJQpa) ■SSI CONTRACTU cntfsAp) Ooc* VotatM Opan Mart* W» U» Satt (tww) hrtaratt FaP98 113.00 ALSO 1050 SO 575 Hv 9g tftQQ 550 DfrN ***** H725 1T7.25 300 3750 Mar 98 123.00 H9.75 119.50 300 3750 Jan 98 125J»
      1,705 words
    • 4544 19 Net eern IK Uode-Jecot) Sopt 3 I 7.803 <609 5.3 X7 Date TV LV TV LY Llngul* Sept 17 P TT7.7 10X1 24.1 22.2 Cswpaay ma ($m> ($m) (et*) (et») Lion Astepec Sept 24 P 4.728L 0.041L *6.427 5X718 2.81 955 T S,«7 £3" AS Auto
      4,544 words
    • SINGAPORE WEEKLY MARKET OUTLOOK
      • Article, Illustration
        296 19 Market outlook SINGAPORE stocks plunged 22.5 per cent over five straight days in line with a massive selldown in both regional currencies and stocks. The Straits Times Industrials Index closed the week at 1,176.35 a level not seen in more than seven years. Indonesia is likely to remain the
        Source: Bridge Info  -  296 words
      • Article, Illustration
        109 19 THE company is holding on well with good earnings from the sale of advertising space and newspaper circulation. It has also ventured into multimedia and telecommunications, such as Cyberway, Singapore Cable Vision and Mobile One Asia. It has reported an 11 per cent increase in net profit to $342.2
        Source: Bridge Info  -  109 words
      • Article, Illustration
        129 19 THE company has a huge landbank to sustain earnings. Of the five million sq ft of land, 80 per cent are either freehold or on 999-year leases. They were accumulated at a low cost which will enable the group to get a good margin from developing them. Most
        Source: Bridge Info  -  129 words
      • 263 19  -  Source: Analysed by Peter Coker a director of Bridge Int'l Broking Relative Strength Index RSI measures the rate at which prices move. As a rule, an RSI above 80 indicates an overbought condition while RSI below 20 indicates an oversold market. RSI is more effective in detecting
        263 words
    • MARKET REVIEWS
      • 547 20 NEW YORK Investors continue to seek shelter in the bond market on fears of lower earnings AFP BLUE chip stocks were still in a post-holiday slump on Friday after dropping 4.8 per cent on the week as investors worried about the Asian
        AFP  -  547 words
      • 382 20 HONGKONG AFP TRADING in Hongkong shares is expected to remain volatile until the dust settles over Asia's currency crisis, after a hefty 16.7 per cent loss during the week to Friday. "The sentiment of investors is very weak. People are not
        AFP  -  382 words
      • 893 20 □Sydney 40 AUSTRALIAN shares ended the week where they started, with Asia's financial meltdown playing the key role and looking set to dominate trading for the foreseeable future, brokers said on Friday. Dicksons broker Diane Jenner said falls on Friday were fairly general, adding: "With Asia, I
        893 words
      • 384 20 LONDON AFP THE London Stock Exchange fell victim to the Asian bug, sending share prices lower towards the end of a week that held few domestic developments to influence the market. The FTSEIOO Index in London closed on Friday at 5,138.3 points, down
        AFP  -  384 words
      • 301 20 ■TOKYO AFP JAPANESE share prices are expected to remain under pressure in the coming week, affected by South-east Asia's financial crisis, brokers said. "Investors are expected to take a modest selling stance until a sign of recovery (in Asian share markets) is
        AFP  -  301 words
    • 1747 20 P Paris -4% FRENCH stocks will probably rise in coming days, as investors snap up shares of companies that have retreated the most in recent weeks. Bank shares could advance, boosted by renewed takeover speculation. On Friday, the benchmark CAC-40 Index fell 35.13 points, or 1.2 per
      1,747 words
    • KUALA LUMPUR STOCK MARKET
      • 8772 21 INDUSTRIALS CoMMMf pradwts 1998 Last Vol »Ht Net Cap High Law Company Sal* '000 High Law P/t $mll 210 200 Atmomoto 208 -2 tl 210 200 US 84 3 0.5 73 Angkasa 77 -13 389 90 73 1.8 113.5 180 140 Apollo Food Hlq 141 -19 26 160 140 4.1
        8,772 words
      • 516 21 AFP P Composite Index -80,36 AFTER losing 14 per cent of its value in the first week of trading in 1998, Malaysia's share market is expected to closely track movements in the ringgit over the coming week, dealers said. The Kuala Lumpur Stock Exchange
        AFP  -  516 words
    • WARRANTS & OPTIONS
      • 3660 22 ■MM, LOANS ft VMMMTS 19*7/98 La*t VaI WMk Laat Ouota *5 Ht* Low Stno Cm——y Sri* »«r- COOO) Htgti Low Buytf Satlar Plica 68 Kl m 3000 m AMDS c5.5******6 10 -2 21 103 10 83 O 81 8 3160 -Acar ******1 USS 8 -4 44 8 7.5 8 131
        3,660 words
      • 160 22  -  WARRANT WATCH -By R Sivanithy IN OUR last column, we featured Kim Hin's warrant with a 1,625 per cent conversion premium. Today's feature follows along similar lines. The Wing Tiek Bhd warrant cost 8 Malaysian ringgit last February. Today, it sells for nine
        160 words
    • 2254 22 Week Ended Jan 9 MALAYSIAN STOCKS T 6r Cf 1997/98 Laat Vai Woak Laat Ouota 01* Mv VM Nat M Cap HH» Law Mm Csmpawy M« *h fOOO) HH» La» Onyor Saiar Of P/E SW 478 29 ms 5000 AISB50C 31 -83 1472 38 29 31 313 S3
      2,254 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1423 23 twhwyi* COM) iUM r#w> Lisa N iTtff MM»M 447.224 WMI WW «2HK fiS FtMnc* M4S4 IUU «-OJO Mm HOW! 20,434 2340 IMJ »jg .Jg JJlE? ProfMTtlM tt*713 3*040 ****** 343.0*2 *044 MO,*T taUMi M« 'J» MMno 1.048 1.044 324 324 ST* 2*303 3*370 41.473 JkW ,«WW Total 721.340 259.429 »T*T70
        1,423 words
      • 4252 23 Week Ended Jan 9 Or Or mm mr/M Last v* WMk Urtoyty wj «v vtt Mt Cap a», Hmi Last StW» Company 8* COOP) H<t U» Sa8df til* P. La INDUSTRIALS 157 20.5 >020 ACE 0ynaantcs60c 21 -8 676 26 205 20.5 21 5)46 ASC MTS10 200 US-
        4,252 words
      • 1103 23 NfT/|| LMt V«i «M LattOuot* Otv Wv YM Nat Cap A»« L— WW Tl t 1 11 SO» rOOO) HH» L— Br* tv W SCSOM 186 76 a 2000 A8RMIdg»5c 100 -17 78 112 97 XX) K>2 3.0 6.0 03 142 9 44.5 103 446 64 a 204* ASAutolOc
        1,103 words
      • Article, Illustration
        50 24  -  by Shiv Taneja OVERSEAS Union Bank Foreign closed S3 cents lower last Friday at $4.72 on a volume of 6.45 million shares, compared with its 10-day traded average of 985,400 shares. In the near term, the selldown will continue, according to the daily RSI and Stochastics charts. by
        50 words
      • Article, Illustration
        416 24 Source: Deutsche Morgan Grentell Research Stocks VoIwm ST Engg 10c 50.802,000 D8S Land 43,721.000 Asia Food&Prop 36.375,000 Wing Tai 25c 30.470.000 StnqTel 15c 29,542.000 •MBf Capital 28,531,000 HK Land USIOc 27,207,000 UPP25C 23,216,000 SIA Foreign 18,524,000 City Dev 50c 17,315,000 Stocks SJA Foreign 193,817,869 DBS Foreign 152,090,914 OCBC Foreign 129,214,158
        Source: Deutsche Morgan Grentell Research  -  416 words
      • 690 24  -  THE WEEK AHEAD Sharp rise in volume may mean selling has reached a climax, but Dow's 222-point loss on Friday is further bad news By R Sivanithy TO DESCRIBE the first week of 1998 as bad would be a gross understatement. The Straits Times
        690 words
  • Page 13 Advertisements
    • 153 13 I tiftit' Hp S->*- PREMIER LOCATION centrally located in Singapore's up-and-coming Riverfront district. CONVENIENCE close to Shenton Way, Orchard Road, Suntec City Convention Centre, MRT stations and within walking distance to Clarke Quay and Boat Quay. APARTMENTS WITH SERVICES Htoa»*> •Tastefully furnished 1-, llfcff-—-*»••--..* ■f -ggjjl 2-and 3-Bedroom SS sCSL2S
      153 words
    • 317 13 Buy one, get one FREE! Purchase any of the following AMANO Time Recorders to receive a FREE user-friendly Unibind Thermal Binding System Model Sl2 worth $350. Promotion starts now while stocks last! Limited stocks so hurry and place your orders now! S AMANO tpgs, Renowned for their reliability, accuracy and
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  • Page 14 Advertisements
    • 145 14 Six of the best in one! ul mate The leading layout package V illustration and design package The leader in nnageand^^^^^KmLjWp^ photographic manipulation HWy to publish online The Adobe m The tool that converts m, lme Publishing Collection s I *iW»DiroensionslO 1 W M SINGAPORE Micro Express Sales Pte Ltd
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    • 37 14 !~WATERBED SALEII i 1 Opan Dtly: 1:OOpm Easy Payment can b* Arranged' .CLICK TECHNOLOGY PTE LTDf I Blk 144 Vilcing Road, I #01-67, S'pore *****4 I (Bosid* Radhill MKT Station) I lid: 471 6437 Fax: 471 6435!
      37 words

  • Page 15 Advertisements
    • 213 15 v <&40fT \}T%gggH| *Mli|HH^B X," \L« *$r Srfß r. v.. r.**;aCTi-^gWy• <JL' 1 v :U>*:*??' v, 4 i iiii^Hi t^a« vnrLimoc inITU [nuECiruf 1 TlUnflllu UIIIH FUKIMGnr, SfHIIHGS mill DOUBLE. mm ?S|py£ CfILLJS. W .V .y" I-. Jt>, > > i t«- '4* V When the John Hancock Tower was
      213 words

  • Page 16 Advertisements
    • 143 16 THEINDONESU»i~~ (M CONSUMER 1998 U> Tlie best investment te guMe you tunas «tun through uncertain times. iSSSSSX S.IM Cmonir Prnfile TlWMSWMHlW>ltt»fWlltllliM»>lC««H«€lWkll —TTTTwtumninWii tmi in mi ra>wt'alir.Bi»"'" l In Hi I rffltloa mMiii (o—n>liail»oart|lll allha > l I' I |r M,Mlanl Indonesian tiiwii nartet and Its prosoem. iimnKtiuis.i.s s tMWP I
      143 words
    • 225 16 And you never be able to pull a v Just leave it to our state-of-3rt P^ oto B ra P hlc systems, 1 I culled through 30 years of lab research in America, a dedicated styling team and even a private dressing .t. room. In this age of market sophistication
      225 words



  • Page 19 Advertisements
    • 229 19 HIS! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C JLT.S. at 1800-737-1166. CATJSL Another Classified Service A member of the WestLß Group West Merchant Bank is the London-based investment banking arm of the WestLß Group. West Merchant's Singapore
      229 words



  • Page 22 Advertisements
    • 63 22 Hello, I saw your /L. T\ It was such i Dingdong! I advertisement in I a nice surprise. I The Straits Times Classified, j owers j \Thank you^^ bouquet of flowers Nw m 1 girlfriend. > MyjfflK r j| Buying or selling through VjikedT/ The Straits Times Classified is child's
      63 words

  • Page 23 Advertisements
    • 58 23 H E R M E S cupp*r Time makes the DIFFERENC^^^^I^^^ DICKSON WATCH JEWELLERY (S) PTE LTD I IA vUx*y oMrwd >üb«di»/y of DtCKSON CONCEPTS UMTTEDI 391 A Orchard Road NfM Ann City #17-06 Sinfapor* 23*73 Available at: DICKSON WATCH JEWELLERY: The Promenade, Centrepoint, Suntec HERMES BOUTIQUE: Liat Tower, Daimaru,
      58 words
    • 20 23 The Straits Times Classified Where ro«*oi buyers efS Making smart education I choices begins with The Straits Times j Classified.
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  • Page 24 Advertisements
    • 429 24 BUSINESS Notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF RELIABLE TIME (S) PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of RELIABLE TIME (S) PTE LTD. duly convened and held at 470 North Bridge Road. #04-18, Singapore Finance
      429 words
    • 817 24 IN THE MATTER OF THE COMPANIES ACT, CAP 50 PURSUANT.TO SECTION 290(2)(b) and IN THE MATTER OF ORCES INDUSTRADE PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower, Singapore
      817 words
    • 208 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF MITSUBISHI YUKA SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap. 50 that the Final Meeting of Members of the Company
      208 words
    • 63 24 Pi awt it fati "IKtm! I* ii Si«4«f Clm ifitd tMi Miiiiii AwJPA/ Vteg&m><fasm To advertise call toll-free 1800-*****83 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
      63 words
    • 328 24 IN THE MATTER OF THE COMPANIES ACT. CAP. 80 AND IN THE MATTER Of NtSSHO MARINE (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of NISSHO MARINE (SINGAPORE) PTE LTD duly convened and held at the Registered Office, 200 Cantonment
      328 words

  • SHIPPING TIMES
    • 516 25  -  Market likely to into very low volume, says chairman of H Clarkson Co Reports by Felix Chan [SINGAPORE] Judging from the presentations made by several high-profile speakers at the Singapore Shipping Association's seminar on Friday, the newbuilding and sale and
      516 words
    • 377 25 [SINGAPORE] Although Asia's current economic crisis would lead many to forecast a relatively inactive sale and purchase (S&P) market worldwide, indications are that Very Large Crude Carriers (VLCCs) may perform significantly better than their smaller counterparts. In a paper delivered at the SSA
      FILE PHOTO  -  377 words
    • 280 25 mt n *b g CWTOMtrMatlan 0.4S *002 240 Chuan Hup 0.355 -0.045 192 Caaco Invattmant -0.73 *0.025 26 rratoMLM* 0.285 -0.015 391 G8HoMnqs 0.29 unch 62 MM Sun Hup 0.5 -0.0S 233 HNacNZosan 0.57 *0.02 311 tMC HoMbigs HK5.6 Jaya Holdings 0.345 unch 45 Juranq SMpyard 6.9 *0.15
      280 words
    • 747 25  -  ZJXER SCENE By\ David Hughes WHEN a P&O Nedlloyd press release clattered out of the fax machine last week, it seemed reasonable to assume it was announcing the company's decision to withdraw from the Transpacific Westbound Rate Agreement (TWRA). After
      747 words
    • 378 25 ITsia to salvage sunk China ship quickly with restricted tender MBT [KUALA LUMPUR] Kelang Port Management Bhd may have lost more than 2.7 million Malaysian ringgit < 551.02 million) in business due to the closing of one of its wharfs after a
      MBT; FILE PHOTO  -  378 words
    • 170 25 Reuters [TEHRAN) Iran is buying 27 new multi-purpose, container and passenger ships worth US$7OO 800 million (Ssl.2-1.4 billion) from countries including China and South Korea, the head of Iran's shipping company said on Saturday. "Contracts have been concluded with a South Korean company for
      Reuters  -  170 words
    • 918 26  -  CRUISE INDUSTRY P&O's recent USsBsom order for another two large cruise ships reflects boom in the business By, Julian Bray Reuters in London BOOMING confidence in the future shape of the fastgrowth cruise shipping business was underlined last Tuesday by P&O's US$B5O million (Ssl.s billion)
      Reuters  -  918 words
    • 365 26 PAGE Eis M ANL 3 Exp Orient H Accord 8 EuroHansa 6 Ahrenkiel M Appenship 5 FL-BngM 15 AsiaOCL 15 M Astro 3 FoongSwi 8 Austral 9 '5 Avant 16 Frt links 16 B'tang Mas 8 C Link 4 BSA 7 Gemartrans 8
      365 words
    • 19261 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser V*ss*l Voyag* T*l*phon* ETA ETA Adv*rtis*r Vtis* Voyage Telephone SIN Dest'n Nam* Nam* Number Number SIN Dest'n Nam* Nam* Number Number 14/01 13/02 COSCO SONG HE 0115M 45-*****00 1 A 8/01 25/01 Hani in ITMA BHUM 374 *5-*****24 1 IS/01 25/01 RCL
      19,261 words
    • SHIPS IN PORT
      • 592 41 V»ss«l Voy No Barth Arrival Dtparturt JvroNf f(rt Bt P Ab« lii *****8 J01 alongside 11.01/0330 Ooro Thea 34 J09 alongside 11.01/0700 Gayatri t J04 alongside 12.01/1500 Gf Festival 41 J14 alongside 20.01/2330 HIKaptanog 01/98 J17 alongside 12.01/0600 Hns 1 ***** J13 alongside 15.01/0700 Iowa 01P98 J09 alongside
        592 words
      • 1770 41 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO I Booking/Balance Rstls Ship Voy Mo Etb/Btr Period From To From «ci HibiKus 0071 13/1200 M n/1500 11/1451 11/1*0 11/1500 n/1451 11/1*00 a 11/1700 12/0451 12/0*0 21 T1/T700 12/0*59 12/0100 J 12/0700 12/1151 12/1400 4 12/1200 12/1459 12/1700 AUfW< 2~
        1,770 words
      • 218 41 Jan IB Japan: Adults Day. Jan 19 United States: Martin Luther King Jnr Day Washington's Birthday holiday. Jan 26 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
        218 words
      • 880 41 THIS report, compiled by Cockett Marine Oli Ltd. shows price range* In US dollars Instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        880 words
      • 528 41 Carton 180 MM 989 8 0.4 15.4 0.U SS 0.0S JMl OtMttT »*»tf ImWm AsA Aluminium Sediment No above £25 0 0 2 1 0 0 360 AM 983.7 0J 12.5 0.06 30 0.02 [u« 380 MM 990.6 0.7 17.4 0.13 67 0.06 WII*» MAI M/M
        528 words
    • AIR & LAND TRANSPORT NEWS
      • 413 42  -  Company will seek foreign technical link-ups for project, likely to include SIA From Rajendra Bajpai in New Delhi INDIA'S Tata Group, which failed to set up a domestic airline along with Singapore Airlines (SIA), is now seeking government approval to set up
        413 words
      • 135 42 AFP [BEIJING] China's CNAC-Zhejiang airlines has signed a purchase order for three Airbus Industrie A 320 aircraft, marking the European consortium's first China order of 1998, the official Xinhua news agency reported. Under the agreement, inked in the eastern city of Hangzhou, the first
        AFP  -  135 words
      • 336 42 Reuters [LONDON] Despite 18 months of waiting and countless false dawns, British Airways (BA) still has a chance of getting its grand alliance with American Airlines approved later this year, say industry sources and analysts. "While we are still on the
        Reuters  -  336 words
      • 233 42 Extra flights will involve 21 sectors, from Jan 23 to Feb 4 Bernama [KUALA LUMPUR] Malaysia Airlines (MAS) will mount 350 extra flights to cater for the increased demand for seats during the Chinese New Year and Hari Raya
        Bernama  -  233 words
      • 230 42 AFP [BANGKOK] Airlines flying from Thailand to European cities will seek government permission to charge travellers in US dollars instead of Thai baht in order to beat currency fluctuations, reports said. The move came as the Thai currency dropped to historic lows,
        AFP  -  230 words
      • 325 42 Move to tap growing market for small pawflngpf planes [SEATTLE] Boeing Co said it will rename and use the 100seat jetliner it inherited from McDonnell Douglas Corp to tap the growing market for smaller passenger planes. Delivery of the first MD-95, now
        FILE PHOTO  -  325 words
      • 145 42 AFX-Asia [MANILA] Pacific East Asia Cargo Airlines has deferred plans to lease new aircraft amid the currency crisis, director for external affairs Reynaldo Rodriguez said. Mr Rodriguez said the move will indefinitely postpone its fleet upgrade programme, which was originally set for March. The
        AFX-Asia  -  145 words
      • 290 42 Bloomberg [AMSTELVEEN, Netherlands] KLM Royal Dutch Airlines NV said it signed a memorandum of understanding with Malaysian Airline System Bhd to study an alliance to step up services between South-east Asia and Europe. The memorandum was signed just before Christmas and an agreement
        Bloomberg  -  290 words
      • 1664 42 OTT FUCHT ET* ruoff tip AbuDtMM 0*156 1725 MP92 1935 TG407 1540 T6408 1645 0*157 2235 MW5 2T50 ***** MB kmmm —r 88W WW* MW WO WW IBS AmttrtM MJ43 0550 6*994 0200 ITCO SOW! QMS SO343 0755 MP92 1935 Mo CM MM) VN741 1310 VN742
        1,664 words
  • Page 25 Advertisements
    • 20 25 Hiding a wave of confidence P&O's USsBsom order for two large cruise ships reflects boom in the business. Page 2
      20 words
    • 100 25 Tata Group to set up India airline Foreign technical link-ups will be sought, they're likely to include SI A. Back Page I Chua Chor Hr» 1 Teck Memorial Lecture 12th Annual Lecture "Raising Equity through Stock Exchanges: The Shipping Companies Case" by Professor Costas Th. Grammenos Head of Department of
      100 words

  • Page 26 Advertisements
    • 1136 26 BliMlgßliilllHMEM I EXPORT 1 I OTHER DESTINATIONS'H DIRECT TO WEST COAST II WEST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) VOY Imilaifu OM vft ml mi I«u tut I iff lumcoorr vissa wi m w-qwimlkuiiu IrttMMM Iwnwnw Iwunaoo iMuacwa JTTT TTTTT- TTTTT TtTTT H~ZT ~n"ZT Tr"ZT" TTZT 1T"ZI T7TIT MMBM HID
      1,136 words
    • 640 26 Members of the (-B2® Members o» die Registry o» r*i Sngapore Freight Forwarders Accredited Shipping Agents, Association vg»«« Sngapore Shipping Association 0 Place an ad in... Shipping Times Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 x Japan *2 x Hongkong -1 x Mania •1 x
      640 words

  • Page 27 Advertisements
    • 1059 27 TO EUROPE FROM EUROPE IvtSSCI VOY Sm RTM HAM MV SOU UH llvtSStl VOY RTM HAM MV SOU liH FKG S»Tj DAMINE SO2S IS/01 05/02 03/02 07/02 OOQNfIAM 2527 21/12 23/12 2*/12 27/12 13/01 TYNE 1028 16/01 01/02 03/02 04/02 07/02 OOCIFRANd 4527 27/12 25/12 22/12 23/12 14/01 ATIIMONfSIA 3028
      1,059 words
    • 2208 27 HANJIN SHIPPING USA CANADA* mvft/voY mm sw umhau/voy su iiw mm Si oi Isp Si dtt mm Si iwi yvr rut m H-itMwwyi ~u/oT li/oi 00/02 07/02 00/02 00/02 09/02 W/o? 10/0? ii/o? n/02 11/02 12/02 01/0? 12/03 12/02 H. HONG KONG 0601 23/01 25/01 U/02 14/02 IS/02 15/02 16/02
      2,208 words
    • 108 27 ORIENT EXPRESS LINES (U.K.) LIMITED llSi. (MANAGER FOR SHREYAS SHIPPING LIMITED) 'WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE WOL VOY SINGAPORE IQMIAY VESSEL VOY IQMiAY SINGAPORE ACHIEVER 005 12/01 21/01 ACHIEVER 004 31/ l 2 12/01 ALBERT BRIDGE 010 16/01 25/01 ALBERT BRIDGE 009 04/01 16/01 NORDKAP 422 19/01 28/01 NORDKAP 421 07/01
      108 words

  • Page 28 Advertisements
    • 1656 28 <C DSR-SEHATOR aTSb Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT WSSB. I VOY j'tW tfH I RTM I «MT HAM WV FIX llyttttl VOY LtH HX HTM M» HAM Ml_ HMUMKMC WQBO6 1101 02 02 83 02 04 02 00 02 00 02 DM SIMATOR ICOH 1412 1012
      1,656 words
    • 1193 28 MY ANC YML Internet W»b Site http: //www.yml.com.tw 4&4lilti3lll4i*4[ v -<i "mi r I i IJUJIWJH T7T'g-11l 14 TWl'H'i/HH HJM'I H4 I.'iilliuyj.l ti.nm TWICt WEHIYEVERYTHURSDAY-SUNDAY VESSEL »0Y SIN CMS RTK HAM FXT LEH ANB MING ZENITH JBOIW 12/01 29/01 30/01 31/01 02/02 MALACCA BR ABO2W 16/01 20/01 07/02 05/02 04/02
      1,193 words
    • 94 28 CONTAINER CONVENTIONAL SERVICE TO BRUNEI EAST MALAYSIAN PORTS i r ,HinniHc. CONTAINER CONVENTIONAL SERVICE TO NORTHERN AUSTRALIA EAST INDONESIA PORTS |u-u; 11.1 UU I Mi iMInl Ml IH iII i I if 1 nn..ir. i imrTTMH.n 1 m m i: 1 rnn» t w s\: ■■em t a n.';, .'■■if.'ift
      94 words

  • Page 29 Advertisements
    • 1476 29 VESSEL VOY SIN BKK POU PKQ PEN BLW SUN BA gjt IRAN TEYFOURI PJL-1287 09/01 18/01 IRAN TAKHTI PJL-1286 14/01 22/01 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA, KAZAKHSTAN, UZBEKISTAN, TURKMENISTAN, KIRGISTAN. TADZHIKISTAN GEORGIA VIA B. ABBAS, BIK AGENT IN SINGAPORE AGENT IN MALAYSIA
      1,476 words
    • 1902 29 1 JEBEL Ail (11 DAYS), DUBAI (10 DAYS), I DAMMAW (12 DAYS), KARACHI (14 PAYS) J I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) "TTMsSoT^JOHORTofna^ I COSTAR SNIPPING PTE LTD #i7-08Dts bldg saus/mgs *****41/43 hhii pgr o/oi *****85 COSTAR AGENCIES (M) SDN BHD NO:
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    • 573 29 EASTERN QUI LINER, Lid KL (SINGAPORE) PTI LTD SSmSSt 1V 1 SPIOAUZE IN RORO HEAVY LIFT UTTO 122 TONS ECL (SINGAPORE) PTE UD LOADING FOR JAKARTA/SURABAYA PORT KLANG/MANRA MV "CORAL HERO" V.SA MV "ABLE LIEUTENANT" V.6 RA SN HAS* 23/?,/S 2,/0,/98 eta PKI J6/ot/9? 0./02/98 PORT KLANG PORT KLANG/MUARA MV
      573 words

  • Page 30 Advertisements
    • 1242 30 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA rSGPI ROM ANW HBG THP ZEE IHV LHV W ROM *NW HBG PKL SOP E. RACER RW-828 17/01 06/02 11/02 07/02 00/02 10/02 11/02 E. GLEEFUL RE-050 14/12 16/12 18/12 17/12 10/12 12/01 11/01 E DECENT RW-002 24/01 13/02 18/02 14/02 16/02 17/02 10/02 E. GUEST RE 062 23/12
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    • 992 30 MAfi-lIELS S'MME M'SMA PfTTTH Carrier: MN CONTR LINES, INC I |\v\ J cm HO, **********08 S»U:(0M) *****9 MAMLA: (632) *****61 V W PENANG: (04) *****36 BANGKOK; (862) *****67 SURABAYA: (31)*****0 P. KELANG: (03) *****77 JKT: (21)*****07 MOW: (61)*****3 TYO/YOK/OSA/UKB USA MV "SEA RANGER" V.N534 MV "HANJIN WILLMINGTON" V.002E ETA SIN:
      992 words
    • 485 30 fcZZ IC% NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEI I VQT SIN I PU) I PUR I CPT I B/BAT GOLDEN DtAGOW 002S 13/01 23/01 27/01 31/01 NANTAI HBNCKS 01ft lt/01 03/0? 07/0? NANTAI QUHN 07SS 25/01 02/0? 06/02 M/ 02 GANTAIHUM 003S 04/0? 16/02 20/02 NANTAI
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  • Page 31 Advertisements
    • 560 31 i BSA A. M MYANMA FIVE STAR UNE (Myonmar National Um) I w loading for Yangon (Rangoon) VISSIL VOY SIN PKG PIN PGU HAXHA *11 IN fT SAGAING SIW 14/0) MALAYSIA AGiNTS: IOOSHAO SHIPPING AGflKlfS KUL Til 02-03-*****00 PKL Til 02-03-*****01 P(N: Til 02-04-*****02 PGO: Til 02-07-*****21/4 BANK LINE (A
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    • 1226 31 A HYUNDAI MERCHANT MARINE CO. LTD. fISSII VOT «T UN 1 RTM I ANT 1 HAM IMI I HL IVISSII VOY lUN I BRI I HAM I Ftl I ANT I RTM SIN IY COMMOOORt iIOW 12/01 21/01 30/01 01/02 01/02 01/02 04/02 HY ADMIRAL 3101 18/12 21/12 21/11 23/12
      1,226 words
    • 604 31 npfwegon specialized outoeamert WN/mLHBLMSM Q)°)§(0](£ TO NORTH AND LATIN AMERICA jvfssli [~VOY [RAMP WIGHT SIN UX CRl MU SAV Ml 0«F NYC I NEW MM TEXAS FM2 400Imh 6.3M 15/01 10/02 11/02 21/02 23/02 25/02 UjVT 27/02 04/03 06/03 TOIA FS03 4001MS 6.3M 29/01 25/02 05/03 01/03 10/03 12/03 13/03
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  • Page 32 Advertisements
    • 896 32 AHOKOK/LAIM CHABANO JAKAWTA/PANJANO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN ACX JADE 12N In Pt 15/01 ACX RUBY> 12S In Pt 15/01 OWA BHUM** 39N 13/01 18/01 DEJA BHUM 730S 13/01 16/01 15/01 NANTA BHUM 376N 13/01 17/01 16/01 XETHA BHUM 223S 15/01 17/01 MATHUBHUM 366N 14/01
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    • 370 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL: *****88 FAX: *****64 TLX: R*****5 SINMER m CR No: **********0W Receiving Cargo at PTI Bintulu I Miff I VfSSII VOT SIM uy VQY s® KM I Idol W80?( 11-H/OI 7S/M KG* V ***** 14-17/ M 11/01 255S jMll «W
      370 words
    • 807 32 ACCORD A SHIPPING PTE LTD TEL *****15 (40 lin*s) FAX *****30 POtl KLAMG (031M7 1001 M M DIRECT ACCESS TIL: *****55 (EXPOUT BOOKING) MUtGUDAMG (07)351 13T7 *****34 (EXPORT DOC), *****39 (IMPORT) mUMC (04) 331 1440 ORLsMTTP://WWW.ACCORD.COM.SG WUUtU <111*40 0770 POCT HA SIM POtT tTA SIN POtT ITA SIN POtT TO
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  • Page 33 Advertisements
    • 386 33 INDONESIA NATIONAL LINE TO EUROPE *"T~ EXPRESS SEMI-CONTAJNERtSgD SERVICE ~VSL VOY I fMM A OAM/R OAM I M BURQ I BREMEN ANTWERP A.VESSEL 2717 1/3 OMIT 5/3 TO AUSTRALIA FULL CONTAINER SERVICE VSL VOY_ Twrei I FBI I *f I SYD I MB. I N»A AOL |FRi I KASUGAI V.O6S
      386 words
    • 982 33 I agaaPff pacific international lines (pte) ltd I B■■ 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I CP NO *****67Q000E I S 18. I j Wi ft IWH lOTA HAMHJHI HMOI7 2ftZJ nn 7/7 in in In/? n/> It/2 flfloiiun us 21/1 2m la in m wi mi
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    • 961 33 VESSELS |VOY I SIN I JED I ML* 1 LEH 1 HAM I THP I BTM ZEi VILLE D 6 GEMINA K23W 15/01 23/01 28/01 02/02 04*02 05/02 06/02 07/02 VILLE O'ORION Y23W 2CVOI 28/01 03/02 13/02 14*02 15/02 19/02 18AJ2 V-LEPE TANYA T24W 27/01 04/Qg 08/02 16A32 17/08 18/02
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  • Page 35 Advertisements
    • 47 35 To retrieve more schedules, just follow these simple steps... document 740-6000^7^^^ tep be faxed the port your Step/g Step key in the four number y/§ f digit code Key in your Example: i fax number To NEW YORK (NYC) 2275 e. United States for calls within Singapore
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  • Page 38 Advertisements
    • 1232 38 SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKINGS CALL DIRECT Li gE: *****41/43 JESSICA/CELIA/MEI CHAN 7 slgs/week [2B2ESZ3 2 slg/week \/ceeci TWOY ISMM IjAK 1 VESSEL VOY SIN I PLB qimap MAI A&A
      1,232 words
    • 605 38 NEWARK SHIPPING AGENCIES PTE LTD I 48-A Campbell Lane, Singapore *****1 s CHTTTAGONG BOMBAY 1 CALCUTTA NHAVA SHEVA U WW" COLOMBO A w MADRAS P DUBAI/JEBELAU 0 m TIJTICORIN R M COCHIN E KARACHI MALDIVES ALSO ACCEPTING ICD DELHI, ICD DHAKA CALL: (65) 294 0949 FAX (65) 294 9395 Agents
      605 words
    • 548 38 |#n ENG LEE SHIPPING CO PTE LTD I Tol: *****7S (6 linos) I Pan *****31/*****40 I CR No: **********8 C VISSII VOY SIN ITA SIN ITD DISTINATFON Marco Polo 20 9706 07/01 10/01 Sunboya Marco Polo 12 01/98 07/01 09/01 Buaton/Perowong Marco Polo 222 01/98 09/01 10/01 Jokoflc SuntoJa»o2 01/98
      548 words
    • 484 38 9. Singapore Soviet Shipping jdsb> Co. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL TRADE FAST TFS2O7 17/01 24/01 04/02 06/02 ORIENT CORD 108N 27/01 04/02 18/02 18/02 KOTA RAJA RJAOO3 04/02 11/02 23/02 25/02 TRADE FAST TFS2O9 10/02 18/02 03/03 06/03 REGULAR MONTHLY RO-RO BREAKBULK
      484 words

  • Page 39 Advertisements
    • 1293 39 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE i IVESSfI VOY StN CMB PIR GtN BCN L£H ANR FEL N.SHARJAH ?BQ]-3 18 JAN 22 JAN 3) JAN 02 FEB 04 FEB 07 FEB 08 FEB 09 FEB MSC REBECCA 9802-3 22 JAN 26 JAN 04 FEB 06 FEB 08 FEB 11
      1,293 words
    • 1553 39 Ivrisa wu*C' pjoang' swtt I nam I sou luh mm m ivtssa fjoang- srott ma pusanl khm hkt root woo shmmzu tyo I IYM 1021 14.01 15.01 14.01 OXO2 04.07 07.02 01.02 OCLOKTAM 2527 1241 1101 1941 20.01 21.01 2101 API MDONtSIA 1021 14.01 1101 1101 0102 04.02 05.02 07.02
      1,553 words
    • 115 39 For Booking Please Call Esitee/Zarina: (OS) 222 7022 4 5 BAAaMalllUßaHiillEMßilllßiiyiM.] \L Changzhou Shanghai 4 \L Foshan \Z Shantou \L Fuzhou \L Shenzhen jj \L Guangzhou \L Tianjin vZ Hangzhou Wuhan \L Huangpu Xiamen v£ Qingdao \L Zhongshan 4 San Shan Zhuhai hi OUR NEXT SAILINGS F' MV. "HYUNDAI STRIDE"
      115 words

  • Page 40 Advertisements
    • 408 40 I VESSEL VOY SIN MAA SIN I TIGER BAY 595N 14-1&01 20-24/01 28-29/01 TIGER WAVE 596N 16-1&01 23-2&01 31-01/02 I TIGER ISLAND 597N 20-21/01 26-30,01 03 04.02 TIGER BRIOGE 598N 24-25/01 300Z02 07 08/02 I TIGER BAY 599N 28-29/01 03-07/02 11-12/02 TIGER WAVE 600N 31-01/02 06-09,02 14-15/02 IVESSEL^^^VO^^^SI^^CA^^SIJ^I TIGER SPRING
      408 words
    • 905 40 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg REGULAR SERVICE ALEXANDRIA(ALY)/ VALENCIA(VLC)/ BARCELONA(BCN) Etd SIN Eta ALY Eta VLC Eta BCN NEDLLOYD KORRIGAN V.7018 16/01 04/02 EVER GENTLE V.0196-071W 19/01 14/02 CONTSHIP TICINO V.7621 21/01 06/02 'Also Accepting: Port Said via
      905 words
    • 1162 40 OOCL (Singapore) Pte Ltd CFS Keppel Distrpk for booking dfy 79 Anson Road #21-04 (S) *****6 Ilk 513 #01-128 1 enquiry //SY V CR NO **********0H W 272 7827 call 3269 180 NORTH AMERICA USA/ CANADA AUSTRALIA TO USA SGP STO OAK CHI MEM NYC OUTBOUND SGP SYO MEL ADL
      1,162 words

  • Page 41 Miscellaneous
    • 133 41 LEGEND R Thunderstorm Temperoture o c X\ Shower Weather Wind direction with speed in knots Rom Vy Cloudy Sky Wov he *9 h Surface winds ore indicated by orrows which Hy with the wind O ,u c rct represents colm or light and variable winds One half tleche represents 5
      133 words

  • Page 42 Advertisements
    • 207 42 Bangladesh Shipping Corporation International Freight Tender is invited from vessel owners/ agents/brokers for transportation of 100,000 M.T. (5 pct MOL supplier's option) Arab light crude oil from Rastanura, Saudi Arabia to Chittagong under lifting Laycan Rastanura, Saudi Arabia 11-13 Feb 98 on account of Bangladesh Petroleum Corporation (BPC). Tender schedule
      207 words