The Business Times, 30 March 1998

Total Pages: 46
1 46 The Business Times
  • 17 1 THE BUSINESS TIMES MIT A (P) 110/12/97 85c SING A PORE Internet: http://www.asial.com.sg/biztimes MONDAY, MARCH 30, 1998
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  • 56 1 STOCK MAJUtET INDICES Wwk Change STII 1653.93.. -25.18 BT-SR1 694.96 4.49 KLSECOMP 727.62 -3.62 NIKKEI 16,739.26 -91.21 HANG SENG 11,735.50 171.50 SET INDEX. 469.85 -29.90 JAKARTA COMP 542.10 „_.+25.37 MANILA COMP. 2301.66. +27.52 TAIPEI WPI 9,095.83 -239.77 SEOUL COMP 496.26 -25.36 CLSA CHINA B 984.13.........22.48 AUST ALL ORD
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  • 75 1 FOREX BATES uss s$ USS i.591 £(US$/S$per£) 1.687 1684 DM 1.822 0.878 YEN 129.0 1.233* Ml 3.585 0.444 HK$ 7.748 0.206 BAHT .38.45 0.041 RUP1AH 8,525 0.019* *S$ to 100 units PUKE KATES SINGAPORE* 7.81 Kl'ALA LUMPUR 11.50 JAKARTA .28.00 BANGKOK 14.75 MANILA 22.90 HONGKONG 10.25 TAIPEI 8.80 SYDNEY
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  • 648 1  -  Competition forces industry players to accede to demands of up to 30% price cuts By, Jennifer Lien [SINGAPORE] Local suppliers to the disk drive industry are being squeezed, as drive makers are demanding lower prices for their components and suppliers find their margins
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  • 361 1  -  From Eddie Toh in Kuala Lumpur REPCO Holdings listed on Kuala Lumpur's second board is expected to stage a reverse takeover of Ayamas Food Corporation through the injection of its 75 per cent owned gaming company Everise Capital, sources said. Ayamas a 67
    Source: Bloomberg  -  361 words
  • 459 1  -  Owners of prime, freehold condos start to feel the pinch By, Abdul Hadhi [SINGAPORE] The property crunch is starting to hit freehold condominiums in prime districts, used to be touted by both analysts and developers as immune to the current downturn.
    FILE PHOTO  -  459 words
  • Page 1 Advertisements
    • 190 1 ntsmE Early start for Pnnggol MKT station The government has awarded a JapanSingapore consortium an $85.9 million contract to build an MRT station at Punggol, Pg2 Hewlett-Packard in Warid Cap IB Hewlett-Packard Company is "playing" in the month-long World Cup, which kicks off in France on June 10, for the
      190 words
    • 87 1 5,000-metre rim at 81 TJT wlffr <^^pjj j.; 4- hK f Y. ''4SJJb' i "®1& t I rfc 0|/2^HHjAREUTERS [TAIPEI] Eighty-one-year-old Wang Yung-ching, chairman of Formosa Group, Taiwan's largest industrial enterprise, leading his employees in a 5,000-metre run in Taipei on Taiwan's Youth Day yesterday. Mr Wang, who is one
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    • 23 1 .J^B^^^Hf CHANEL EXCLUSIVELY AT CHANEL BOUTIQUES NGEE ANN CITY 391 ORCHARD ROAO SINGAPORE TEL *****20 ISETAN SCOTTS 350 ORCHARD ROAD SINGAPORE TEL *****21
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  • SINGAPORE AT HOME & ABROAD
    • 345 2  -  Punggol 21 likely to produce more riders; J&p&n-S'pore team gets $85.9 m contract By I Christopher Tan THE government has decided to build an MRT station at Punggol sooner than later and has awarded a Japan-Sin-gapore consortium an $85.9 million contract to
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    • 296 2  -  By 1 Toh Han Shih COME April 7, Singaporeans can tune in to a new Malaysian TV channel launched by the Encorp Group that will carry news and current affairs programmes. The private Malaysian company with timber interests is going on air with
      296 words
    • 347 2  -  Insurer to introduce 24-hour loan service from Wednesday By i Christopher Tan NTUC Income has introduced a "premium relief scheme" for hardship-struck policyholders to postpone premium payment for up to two years. In a statement over the weekend, chief executive Tan Kin Lian
      FILE PHOTO  -  347 words
    • 333 2 EYE ON THE ECONOMY Outlook AMERICAN investment bank JP Morgan reckons Singapore's real economic growth may tumble to some 2 per cent this year, "with no more than a modest recovery to begin in 1999". In a recent Data Watch: Asean report focusing on
      Source: JP Morgan  -  333 words
    • 372 2  -  Frances Lui HOTEL chains in Asia are in for a rough ride because of the regional economic woes, industry players say. Mid-priced to five-star hotel chains in the region are seeing falling occupancy levels. hotel rate erosions, lower hotel management fee income. and deferment
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  • Page 2 Advertisements
    • 86 2 TAGLIQ ESCLUSIVO SPRING/SUMMER 1998 "MADE TO MEASURE PROMOTION" FROM 2 5 APRIL H dH I Our "Made to Measure" consultant, MrDavidSupeljackwill be present to t 1 I s ft! f If j assist you in selecting your favourite fabric from more than 300 swatches, take a. your measurements and decide
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  • SOUTH-EAST ASIA
    • 517 3 KUALA LUMPUR Bat repatriations to continue with Indon consent: Dr M AFP. Reuters, Bernama MALAYSIA halted its deportation of Indonesian illegal immigrants yesterday as Prime Minister Mahathir Mohamad discussed the mounting problem with Indonesian Vice-President Bacharuddin Habibie. But the Malaysian authorities vowed the
      AFP.; Reuters,; Bernama; REUTERS  -  517 words
    • 181 3 JAKARTA AFP AN Indonesian minister has described the death of eight Indonesian illegal immigrants during a Malaysian detention camp riot on Thursday as a human rights violation. "The deaths of the eight Indonesian workers was a human rights violation but
      AFP  -  181 words
    • 293 3 MUAR Bernama MALAYSIA'S Deputy Prime Minister Anwar Ibrahim yesterday said the policy on bumiputras will not be compromised in efforts to overcome the economic crisis. Mr Anwar, who is also Finance Minister, said the move by the government to allow non-bumiputra or foreign companies
      Bernama  -  293 words
    • 424 3 GEORGETOWN, Penang Police say situation has returned to normal except for some trouble-makers AFP, Reuters FORTY-THREE more arrests have been made after minor clashes between Hindus and Muslims on the northern Malaysian resort island of Penang, bringing the total to
      AFP,; Reuters  -  424 words
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  • MARKETS IN TURMOIL
    • 360 4 Reuters [BANGKOK] Thailand is set to order its banks and finance companies to start massive recapitalisation in a bid to regain foreign confidence in its battered financial sector. The Bank of Thailand will unveil by tomorrow tougher bank Foan criteria and provisioning standards
      Reuters; FILE PHOTO  -  360 words
    • 312 4 Trend is towards equity stakes and convertible bonds Reuters [HONGKONG] A stream of corporate deals has unleashed a wave of merger, acquisition and fund-raising activity in Asia, analysts said. Over the past few weeks, swift action by foreign investors has spawned a handful
      Reuters  -  312 words
    • 527 4 Report says foreign debts of about USssBb fall due this year AFP [SEOULI South Korea can breathe easier as its foreign exchange reserves grow, but it could face a second crisis in the second quarter because of huge corporate debts, analysts said. Even after
      AFP  -  527 words
    • 310 4 FT [BANGKOK] Thai Farmers Bank, Thailand's third-larg-est commercial bank, has raised 33 billion baht (Ssl.4 billion) in an international equity offering, the largest amount ever raised by a Thai company and the biggest Asian equity issue this year. Thai banks are in
      FT  -  310 words
    • 143 4 AFP (BANGKOK] Thailand's central bank will be urged to stop an interest-rate war between four recently nationalised banks, a report said yesterday. Deputy Finance Minister Pisit Leeahtam said he would ask the Bank of Thailand to draw up measures to control the rise of interest
      AFP  -  143 words
    • 266 4 Reuter. AFP (MANILA) The Philippines aims to build up its international reserves to US$7.6 billion (5512.1 billion) by the end of this year from US$6.6 billion last year under a new economic plan drawn up with the International Monetary Fund, central bank documents
      Reuter.; AFP  -  266 words
    • 375 4 AFP [KUALA LUMPUR] Asian countries will receive another boost if a British proposal to set up a multi-million dollar trust fund to help revamp their troubled banking sector is endorsed at the Asia-Eu-rope summit. Analysts said the fund, coming at a
      AFP  -  375 words
    • 379 4 Analysts expect softer targets billed as 'adjustments' AFP [JAKARTA] Indonesia and the International Monetary Fund (IMF) were yesterday inching towards what Jakar ta is increasingly calling a "third deal" for the beleaguered South-east Asian giant. An agreement last October to bail out Indonesia as it
      AFP  -  379 words
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    • 163 4 Raising a platform for Indonesia's students, Pg 5 Notice to holders of an early Redemption Province of Nova Scotia U.S. $500,000,000 Floating Rate Notes due 1999 NOTICE IS HEREBY GIVEN that pursuant to Condition s(d) of the above mentioned Notes (the "Notes") Province of Nova Scotia will, on 12th May,
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  • FOCUS
    • 682 5  -  LETTER FROM JAKARTA The new student movement though loose and fractious, is fast gaining nationwide momentum By S N Vasuki SUGIRMAN is a student at University Indonesia (UI), the country's most prestigious educational institution. Until recently, the 19-year-old liberal arts student had interests that
      FILE PHOTO  -  682 words
  • Page 5 Advertisements
    • 90 5 TODAY 1 Zaobao f% "iix"! Sx^nlSßiSiiHE 1. IVH WFT yjm U im*lS >. /Mi 1 y-#M H*m.tsffiffi I f «*tg» I FOUND SOMETHING? Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at j <3% 1800-737-1166 for this free service. 1 CAT S Another Classified Service SABLOWSKY TANG ORIENTAL
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  • SOUTH EAST ASIA
    • 372 6 MANILA Archbishop says 'Erap'not fit to rule bat his strong lead may force Ramos' govt to cheat Reuters A FORMER actor tipped to win the Philippine presidential polls is barely fit to rule because of his questionable character, and the government might cheat
      Reuters  -  372 words
    • 149 6 KUALATRENGGANU Bernama THE Anti-Corruption Agency (ACA) has handed over its preliminary report on its investigations into alleged irregularities which caused an accumulated loss of 2.5 billion Malaysian ringgit (Ssl.l billion) to Perwaja Steel Berhad. ACA Director-General Shafee Yahaya said yesterday the agency was awaiting the
      Bernama  -  149 words
    • 353 6 LAOAG, Philippines Reuters FORMER Philippine first lady Imelda Marcos told supporters the Supreme Court rejected her appeal against conviction for graft, and said she is certain to go to jail. Officials of the 15-member court, or the full bench, could not be reached for comment
      Reuters  -  353 words
  • Page 6 Advertisements
    • 1109 6 BANK OF NEW ZEALAND Annual Report For The Year Ended 30 September 1997 BANK OF NEW ZEALAND AND SUBSIDIARY COMPANIES All amounts are expressed in New Zealand currency STATEMENT OF FINANCIAL POSITION STATEMENT OF FINANCIAL PERFORMANCE As at 30 September 1997 For the year ended 30 September 1997 Consolidated Consolidated
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    • 135 6 e3233U2E» WHIM Ill'flS K DBS to cash ■ppHp^ Venturing overseas? Enterprise Finance Scheme, your cash-for-invoice financing could be for as little as 3.5% p.a.V Would you like instant cash for your invoices and let someone else assume the responsibility for We also help to cut your administrative work, cost bad
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  • CHINA-HONGKONG-TAIWAN
    • 377 7 SHANGHAI Scrapping of several ministries may clear some hurdles to reform, say analysts Reuters CHINA's bold plan to slash government jobs may boost its drive to join the World Trade Organisation (WTO) by chipping away at bureaucratic hurdles to reform, analysts said
      Reuters  -  377 words
    • 421 7 HONGKONG Move will put China state agencies above the law, say critics Reuters A POLITICAL quarrel flared in Hongkong yesterday after it emerged that the post-colo-nial government plans to enact a bill that could put Chinese state bodies in Hongkong above
      Reuters  -  421 words
    • 115 7 HONGKONG AFP TWO gamblers have won a record HK5133,576,963 (5527.4 million) for a mere HK$lO after picking the first three horses in each of three horse races, the Jockey Club said yesterday. The club said there were two winners at Shatin on
      AFP  -  115 words
    • 222 7 HONGKONG AFP HONGKONG was urged yesterday to make a decision "as soon as possible" on whether to host the 2001 World Expo, which would provide a fillip to the territory's troubled tourism industry. Stanley Yip, head of research at the Hongkong
      AFP  -  222 words
    • 292 7 BEIJING AFP THE Chinese government has ordered local authorities to strictly enforce national tax collection in a new attempt to divert corrupt officials, state media said yesterday. A state council circular said no local government or department has the authority
      AFP  -  292 words
  • Page 7 Advertisements
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  • ASIA
    • 369 8 KARACHI Reuters SPARED Asia's economic shockwaves, Pakistan this month relaunches a crucial campaign to privatise state assets to ease debt and lay solid foundations for lasting economic growth. "Pakistan needs a fasttrack privatisation programme," said Nadeem Naqvi, head of research
      Reuters  -  369 words
    • 523 8 NEW DELHI Premier Vajpayee assures country his party has no hidden right-wing agenda AFP, Reuters, Bloomberg INDIA'S Hindu nationalistled government survived a confidence motion on Saturday, ending four months of political paralysis in the world's largest democracy. The multi-party coalition, led by Prime
      AFP,; Reuters,; Bloomberg; REUTERS  -  523 words
    • 383 8 NEW DELHI The Telngn Desam Party can now wield immense influence AFP TWO men dominated the Indian political scene yesterday after the coalition government's survival in a confidence vote Prime Minister Atal Behari Vajpayee and the minor party powerbroker who came to his
      AFP  -  383 words
    • 483 9 SINGAPORE Fear of computer crash on Jan 1,2000; firms nnder pressure to solve problem Reuters STOCK exchanges are leading the campaign to inoculate Asia against the millennium bug. Afraid the programming error will crash con outers on Jan 1, 2000, and trigger technological
      Reuters  -  483 words
    • 361 9 SYDNEY Study finds Asian migrants are the 'least preferred' AFP THE Australian government was warned yesterday it risks social unrest unless it alters its immigration policy as a decade-long study showed Asians are "not particularly welcome" as migrants. More than 30 years after
      AFP  -  361 words
    • 414 9 TOKYO Bloomberg SENIOR Japanese ruling party official Taku Yamasaki and former prime minister Kiichi Miyazawa said yesterday the government should change its fiscal reform law and introduce a tax cut after the budget passes parliament. Japan's lower house on March
      Bloomberg  -  414 words
    • 296 9 BOMBAY New govt vows to be more aggressive in WTO negotiations Reuters INDIA needs sharper teeth to bite back as international trade rows over dumping become more heated, a senior Commerce Ministry official said on Saturday. Prime Minister Atal Behari Vajpayee, when he was
      Reuters  -  296 words
  • Page 8 Advertisements
    • 508 8 1 ©DBS BANK THE DEVELOPMENT BANK OF SINGAPORE UD (Incorporated in the Republic of Singapore) NOTICE OF ADJUSTMENT TO CONVERSION PRICE NON-REDEEMABLE CONVERTIBLE PREFERENCE SHARES lot All Holders of Non-redee»eble Convertible Preference Shares At an Extraordinary General Meeting on 26 March 1998, the ordinary shareholders of DBS Bank ("the Bank")
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  • Page 9 Advertisements
    • 60 9 Looking for anyone who could offer us various kinds of brand perfumes, Eau de Toilette for different sizes from miniature to full size bottles. If you meet our requirement, please feel free to fax to our office; Cosme Laboratories Co., Ltd. Fax: 81 3 5466 6781 Tel: 81 3 5466
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    • 51 9 ©1997 Westin Hotels Resorts < ft.. BRtw 1& r-Ti P'-' WBB i!*- rt) 4 got applause for the presentation. got promoted for landing the account. |H I got a massage after his golf game. K P »,y h Ikht in ■■■■f V "'>«.- HL. sv f j» j§| gg*\;.; 4.
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  • THE WORLD
    • 383 10 WASHINGTON Unabated US boom revives overheating fears bnt no rate rise likely at FOMC meet Reuters MOUNTING evidence of an unabated boom in the US economy may lead Federal Reserve officials this week to reconsider expectations that Asia's crisis would check
      Reuters  -  383 words
    • 324 10 MOSCOW Former Russian PM's announcement takes Kremlin by surprise Reuters FORMER prime minister Viktor Chernomyrdin's announcement that he would run for the Russian presidency was "somewhat unexpected" in the Kremlin, Interfax news agency quoted a well-in-formed source as saying yesterday. President Boris Yeltsin ditched Mr
      Reuters; FILE PHOTO  -  324 words
    • 380 10 FRANKFURT Comments come on eve of talks for 11 hopefuls to join EU FT, Reuters THE German government on Friday threw its weight behind the creation of a European single currency with 11 member states. But the country's central bank
      FT,; Reuters  -  380 words
    • 402 10 SOWETO Bloomberg, Reuters US PRESIDENT Bill Clinton called on African leaders to join him in Washington for a regional economic summit like the Asia-Pacific Economic Cooperation summit he attends each year. Mr Clinton didn't say whom he would invite other than that
      Bloomberg,; Reuters  -  402 words
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  • BUSINESS IT
    • 646 11  -  tale of two founders Chairman Sim Wong Qoo sees benefits of the convergence phenomenon Reports from. Annette Pau in Hannover, Germany HOMEGROWN multinational Creative Technology is well poised to benefit from the convergence of the personal computer and consumer home entertainment
      646 words
    • 687 11 Ex-Creative man is now the boss of a new company with big plans AGGRESSIVE and ambitious is what one might call Intresource Systems Pte Ltd, a young company with very big plans. But it has good reasons for its confidence: its founder
      687 words
    • 260 11  -  By) Raju Chellam [SINGAPORE] Computer giant Hewlett-Packard Company is "playing" in the monthlong World Cup, which kicks off in France on June 10, for the first time. It will not be kicking the ball into the goal, of course. Instead,
      260 words
    • 495 12  -  Expert predicts new technology will rule in PCs By 1 Toh Han Shih (SINGAPORE] Digital versatile disc (DVD) players will overtake CD-ROM players in personal computers by the year 2000, says Toshiba's DVD products manager, Koji Hase. DVD is a new
      495 words
    • 543 12  -  Company expects 100% growth in units this year in region By Raju Chellam [SINGAPORE] At least one IT company seems to be smiling all the way to the bank. Lotus Development Corp, now a subsidiary of International Business Machines
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    • 359 12  -  By, Jennifer Lien [SINGAPORE] Chipmaker Cirrus Logic is hoping that its Media Max concept design for a sub-USSI,OOO (551,600) entertainment PC will find takers in Singapore especially following the latest set-top box agreement between Microsoft and Singapore Cable Vision (SCV).
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    • IT TAKES
      • 45 12 [SINGAPORE] Lucent Technologies will invest US$lO million (Ssl6 million) to expand its Global Private Systems Group's Asia-Pacific Distribution Centre in Singapore. With this investment, the warehouse capacity will expand by five times. The expansion is expected to be completed by July.
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      • 60 12 [SINGAPORE] Cogent, the services arm of the giant Canadian telecom equipment supplier Northern Telecom (Nortel), opened last week its network operations centre in Singapore. Cogent will invest over US$B million (5512.8 million) in the centre over the next Ave years. The centre will be part
        60 words
      • 55 12 [SINGAPORE] Computron Software, a US software firm, has signed an agreement with United Airlines to license Computron's financial software for use by the US airline. The agreement in this region will be supported out of Computron's Asia-Pacific headquarters in Singapore and will include installation, technical and hotline
        55 words
      • 66 12  -  -Compiled by 1 Toh Han Shih [SINGAPORE] Guangdong PTA, the Post and Telecommunications Administration of China's Guangdong province, will deploy 4,000 Digital Subscriber Lines (DSL) this year. DSL is a technology that allows data to be transmitted at very high speeds, typically megabits per
        66 words
    • 248 13  -  Ask Bill@BT Jeannette R. L. Tan Microsoft chairman and CEO Bill Gates answers questions from BT readers For those who are not into the Internet media, how do you start explaining to them the use of the Web, and how should they start? Many I
      248 words
    • 527 13  -  Dave Stubbs The writer is vice-president, multivendor customers services, of Digital Equipment Asia Pacific. IN FINANCIAL institutions, the estimated downtime cost per hour for brokerage operations is roughly U556.45 million (5510.3 million), and for credit-card operations, about US$2.6 million (554.16 million). Downtime
      527 words
    • 801 13  -  If Microsoft chief Bill Gates is right it's going to be Windows for all companies large and small Hu Kenneth James IT'S NOT just what he says, which can be awesome or daunting depending on which side of Bill Gates' fence you
      801 words
    • 277 14  -  New products launched in bid to gain marketshare By. Kenneth Goh [SINGAPORE] Teleconferencing manufacturer Polycom Inc has launched its latest products the View Station group videoconferencing system and the Show Station IP integrated conference projector in a bid to wrest marketshare from rivals such as
      277 words
    • 251 14  -  Raju Chellam [SINGAPORE] There is now a new 3D animation software program that television and creative professionals can use to add special effects, do precision modelling experiments and create 3D animation pictures. Appropriately called Maya (which in Sanskrit means illusion), the tool
      251 words
    • ON THE SHELF
      • 97 14 CABLETRON'S Digital Network Products Group (DNPG) has launched its Roam About family of wireless access products, targeted at mobile users who need access to their corporate networks. Three products are for "mobile internal workforce operating within the same building" —a 2.4 GHz network interface card, priced
        97 words
      • 47 14 SUN Microsystems has announced the Solaris Development Kit for Intel to expedite development of Solaris on Intel applications. The kit contains Solaris 2.6 software for intranets, Sun Visual Workshop, C++ and Java Studio development tools. Kits can be ordered at: http://www.Bun.com /developers/Intel.
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      • 40 14 SUN Microsystems is offering a package of software development tools that lets developers create complex Solaris applications quickly. Called the Professional Developer Suite, the product is available at U551,155 ($1,848) when purchased with any Sun workstation.
        40 words
      • 74 14  -  Compiled by: Raju Chellam TOSHIBA Data Dynamics has unveiled a digital copier that also offers electronic sorting, forms storage and scanning capabilities. Called DP2460, the $5,974 system comes with 12MB of memory and an optional 1.35 GB hard disk, and can scan and store up
        74 words
  • Page 11 Advertisements
    • 152 11 This FACT-IBM Seminar will help you cope better with the Regional I Economic Crisis f j I Knowledge is power, and power may mean survival. This seminar shows how I J H SMALL AND MEDIUM-SIZE COMPANIES can instantly improve their financial H management (foreign currency exposure, inventory, P&L, etc) using
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    • 187 11 |T||TJpll |T;vl there's only one trip a year the wised-up will ever The best position to know it all first is from the JU |jr worVl's biggest industrial fair, with 7,000 exhibitors I \f i|"p II I d lm.tr from 69 countries all waiting to gwe you a total view
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  • Page 13 Advertisements
    • 12 13 Tanglin Mall, every third Saturday of the month, spm 11pm [catsJ i
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  • Page 14 Advertisements
    • 81 14 st Mi 1 n 1 g th DIGITAL ASEAN Link For more on DIGITAL'S winning solutions, products and services, DiAl toll-free from Indonesia: 001 800-65-1111; Malaysia: 1 800-80 1111: Philippines: 1-800 *****11: Singapore: 180a299 1111: Thailand: 312 0044. e-mail: DiAL@DIGITAL.com (From outside ASEAN, please call IDD (65)29*1111) 0 ©1998 Digital
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  • Page 15 Advertisements
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  • Page 15 Miscellaneous
    • 785 15 TV&RAPIO Love Mo (See Our 3.00 CDIS. 11 111 11 rre,nierei<e Choice). 4.00 Indian Matinee 2.30 PM TV Innovations 10.30 NewsSTonight. Swarnakamalam. 1 4.00 Kidz Blitz: Alf Tales I. u.oo Business Day. 7.00 Nalanthana. 4.30 Speed Racer. 11.15 Friends The One 7.30 tamil Seithi(T) (News). 5.00 Bimble's Bucket. With The
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    • 250 15 CRYPTIC CROSSWORD 6 A non-specialist graduate. perform autumn jobs I I I I I I I 1 I i 8 A fool it's wrong to help (6) HB——JML—JHL— 9 Sort of society in which peo- f pie want to take part? (8) bJ ~UJ— 10 Expected a letter from a
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  • EXECUTIVE LIFESTYLE
    • 682 16  -  Sometimes, it takes the fresh perspective of an amateur to unlock discoveries, says k c cole K C COLE LAT-WP IN THE movie Good Will Hunting, an impoverished South Boston kid who scrapes by on mopping floors at the Massachusetts Institute of Technology, astonishes prize-winning professors with
      LAT-WP  -  682 words
    • 571 16 OPERA They will top line-up for the maiden season of Shanghai Grand Theatre AFP [SHANGHAI] Gounod's Faust and Verdi's Aida are to be performed for the first time in China and will top a glittering line-up for the opening season of the Shanghai Grand
      AFP  -  571 words
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  • COMPANIES & MARKETS
    • 473 17  -  Surge attributed to strong results from S'pore construction, property division By, Ang Wan May [SINGAPORE] Specialist con tractor L&M Group Investments' net earnings almost doubled to $4.7 million last year, thanks to a surge in profits from its construction and property division in
      473 words
    • 273 17 [SINGAPORE] New Sesdaq listing BBR Construction Systems reported a 57 per cent increase in net earnings to $5.2 million, slightly below its forecast due to higher provisions for doubtful debts in Malaysia. When the engineering group was listed last August,
      273 words
    • 863 17  - Has HK property hit bottom HANG SENG INSIGHT With so many mixed signals emerging, one can't be too careful Quak Hiang Whai Hongkong is supposed to be in a property slump. Or is it? Watching the thousands who queued for a tour of Sino land's Villa Oceania showflats at Ma
      863 words
    • COMPANIES
      • 502 18 Finance firms have until tomorrow to merge; more banks to announce results AFP [KUALA LUMPUR) Malaysia's banking sector is bracing for a rough ride this week as a Tuesday deadline looms for the country's 39 finance companies to merge and financial results
        AFP  -  502 words
      • 291 18 Pressure from Taipei govt has pat USs3b project on hold Bloomberg [TAlPEl] The three biggest members of Taiwan's Formosa Plastics Group will transfer their controlling stake in a US$3 billion (Ss4.B billion) power plant project in China to other companies, group
        Bloomberg  -  291 words
      • 271 18 [SINGAPORE] Constructionbased Poh Lian Holdings weathered the property downturn, emerging relatively unscathed with 1997 net profit down only 7.6 per cent to $5.83 million. This is because of continued growth in its access equipment (mainly scaffolding) rental business, which
        271 words
      • 238 18  -  By Christopher Tan fSINGAPORE) After two years of red ink, furniture maker Hwa Tat Lee has returned to the black with a net profit of $1.32 miUion. This compares with a loss before extraordinaries of $4.05 million in
        238 words
      • 658 18  -  Central Bank set to seize his assets, take him to court over Orient Bank collapse From, Al Labita in Manila AFTER years of high-flying profits cashing in on the retail and property boom, ethnic Chinese taipan Jose Go suddenly finds his business empire under
        658 words
    • INTERNATIONAL COMPANIES
      • 228 19 Reuters [SHANGHAI] Coca-Cola Co has formally opened a US$5O million (5579.5 million) bottling plant in Shanghai, calling it the biggest soft-drink plant in China. Coca-Cola officials at the opening on Friday did not disclose the plant's capacity but they said it would help make
        Reuters; REUTERS  -  228 words
      • 145 19 Reuters [LONDON] Rolls-Royce Motors is poised to be sold by engineering group Vickers pic to Germany's BMW for around £300 million (SsBo4 million), according to the Sunday Times and Observer. The Sunday Times said rival bidder Volkswagen AG, which also offered about £300 million, would have
        Reuters  -  145 words
      • 436 19 US giant to take over assets of three state-owned firms AFP [SHANGHAI] Eastman Kodak's decision to sink more than US$l billion (Ssl.6 billion) into manufacturing in China over the next few years looks set to confine archrival Fuji to a minor role
        AFP  -  436 words
      • 400 19 It wants to pursue acquisitions, alliances to boost profits 15% a year Bloomberg [FAIRFIELD, Connecticut] General Electric Co (GE) plans to invest about US$4O billion (5563.6 billion) in Asia in the next four years, taking advantage of the region's financial
        Bloomberg  -  400 words
      • 235 19 AFP [BEIJING] US chemical giant Dupont plans to raise its cumulative investment in China to US$l billion (Ssl.6 billion) by the year 2000, the China Daily Business Weekly said yesterday. It quoted company president Charles Holliday as saying the biggest budget item was
        AFP  -  235 words
    • FINANCE & COMMODITIES
      • 504 21 Move meant to make Japan's exchanges more competitive, enhance liquidity, protect investors Reuters [TOKYO] Driven by fears that deregulation of Japan's financial industry may hollow out local markets. Tokyo is launching reforms of commodity futures trading aimed at raising competitiveness of domestic exchanges. After
        Reuters  -  504 words
      • 398 21 Millions of workers to enter market as free housing ends Reuters [BEIJING] Chinese banks are set for a windfall when Beijing scraps welfare housing this year, pushing millions of workers on to the mortgage market for the first time, a senior state banker said on
        Reuters  -  398 words
      • 186 21 Reuters [TOKYO] Japanese trading house Mitsui Co and Sanwa Bank will team up for electronic trade financing for faster and more efficient settlements of imports and exports, a Japanese financial daily reported yesterday. The move comes prior to foreign exchange deregulations that will come
        Reuters  -  186 words
      • 310 21 Bloomberg (TOKYO) Japanese banks aren't likely to sell off much of their bad debt, despite some highly publicised recent deals, said David Atkinson. managing director at Goldman Sachs (Japan) Ltd. "Most of the deals we've seen so far have largely been
        Bloomberg  -  310 words
      • 414 21 Bloomberg [MILAN) Mediobanca SpA, an Italian bank, said shareholders have approved the sale of 2.09 trillion lira (Ssl.B billion) in new stock and warrants to bolster its investment banking business and reinforce its holdings in some of Italy's largest industrial and financial
        Bloomberg  -  414 words
      • Article, Illustration
        1875 21 PRIME LEWDDfO RATES BANKS ABM Amro Bank MV 8W A8SA Bank Limited 8 ANI Banking Group 8 AMed Irish Bank PIC ?tt AiMrican Express Bank 8 Arab Banking Corp 8"» Arab Bank PIC TH AsaM Bank Ltd BV> Ban HbiLM Bart BM pari Co—ardrte 7v« Banc i Nazionaie EM Lavero
        1,875 words
    • COMMODITIES & FUTURES
      • 556 22  -  «imb« Weeklyßoundup Callum Henderson MMS International [SINGAPORE) Japan's new fiscal year starts this week but the new year does not look so bright for the yen. The revised Foreign Exchange Law takes effect on April 1, and is the first of the Big Bang reforms
        Source: Simex  -  556 words
      • 831 22 COMMODITY Weeklyßoundup AFP [LONDON) Oil was the star of the commodities market last week after Saudi Arabia, Venezuela and Mexico agreed to cut supply and push crude prices out of the doldrums. Brent North Sea crude prices rose by US$2.2O
        AFP; Source: Bloomberg  -  831 words
    • 1857 22 rw>ffPirwiHj6pa5 9B flae h I 1 T'niir P 1 ~T' rnn>P "in"' 'rn"mi»*liri iwnnn r irnr i —TwrTffiiiftii'TiTiwfr<iwnr SICOM FUTURES Mar 27 RUBBER (Mures closing ts it 5.30pm) RSS1 CONTRACTUS cwtsAg) Close Vote* Open Month jflgh Low Sett (towns) Interest Apr 98 113.50 400 May 98 114.75 114.50
      1,857 words
    • 5001 23 Net Mm CPS Malayan 8 Feb 3 I 463.504 654.572 40.5 57.2 Date TV LY TV LY Metelock Dec 12 I 0.523 1.042 2.18 4.34 Company inn <$an) (Sm) lets) (ctt) Mwtan P tOt Mar 11 P 3.074 2.142 3.62 4.35 NST* No* 20 P 157.398
      5,001 words
    • SINGAPORE WEEKLY MARKET OUTLOOK
      • Article, Illustration
        180 23 Market outlook SINGAPORE stocks consolidated with the Straits Times Industrials Index closing the week down 1.5 per cent at 1,653.93. Apart from the plunge in Singapore Telecom on Thursday following news that its parent company, Temasek Holdings, is offering US$1 billion (S$1.6 billion) worth of bonds which can be
        Source: Bridge Info  -  180 words
      • 64 23 WITH property developers and automobile retailers slashing prices, the number of buyers will slowly increase. This will have a positive effect on Hong Leong Finance. Interest rates seem to have peaked, further encouraging growth in the property and automobile markets. Valuations for this company are very attractive
        Source: Bridge Info  -  64 words
      • Article, Illustration
        84 23 OTHER than manufacturing and trading iron and steel products, Nat Steel is also involved in electronics and property. Last week's earnings came in around analysts' expectations. It is a tough road ahead for the steel division with the slowdown in construction and regional producer countries dumping their products. The
        Source: Bridge Info  -  84 words
      • 263 23  -  Source: Analysed by Peter Coker a director of Bridge Int'l Hrokiny 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
      • 299 24 HONGKONG Reuters HONGKONG stocks will get an initial lift in the coming week from a small interest rate cut. but upside would be limited with the economy still suffering from the fallout of Asia's financial crisis, analysts said. "The market is
        Reuters  -  299 words
      • 854 24 W% Sydney +12J5 A FLOOD of key domestic and offshore data in the week ahead could play havoc on the Australian share market, analysts said on Friday after a series of record-breaking sessions. The Australian Stock Exchange's main indicator, the All Ordinaries Index, ended the week 12.5
        854 words
      • 424 24 NEW YORK Players also exercise caution in advance of tomorrow's FOMC meeting AFP BLUE-CHIP stocks consolidated over the past week after initially edging towards the psychological barrier of 9,000 points on the Dow Jones Industrial Average as traders opted for profit-taking in
        AFP; FILE PHOTO  -  424 words
      • 1976 24 Paris +12L31 FRENCH benchmark stocks rose on Friday as higher oil prices fuelled gains in Elf Aquitaine SA while bank merger speculation bolstered Societe Generale SA. The benchmark CAC 40 Index rose 26.45 points, or 0.7 per cent, to 3.810.23, taking its gain for the week to
        1,976 words
      • 341 24 LONDON AFP A LACK of market moving news meant the London stock market was able to catch its breath last week and stabilise, following sharp rises the previous week. The Footsie 100 Index closed on Friday at 5,939.3 points, down 17 points over the week.
        AFP  -  341 words
      • 428 24 TOKYO AFP GLUM Japanese shares are refusing to take any cheer from a huge economic stimulus package, analysts said on Friday, predicting a rocky road in the week ahead as they wallow in despair at a lack of tax cuts. The
        AFP  -  428 words
    • KUALA LUMPUR STOCK MARKET
      • 9439 25 INDUSTRIALS Consumer products 1998 Last Vol Week N«t Cap High Low Company Sato 'OOO Htfh Low Pit Smll 310 180 A|inomoto 270 -10 12 280 270 15.0 109.4 148 73 Angkasa 123 -2 204 125 113 2 8 181.4 290 123 Apollo food Hlg 212 5 62 216 210 6.2
        9,439 words
      • 476 25 AFP Composite Index -3.62 THE Malaysian stock market is likely to trade sideways awaiting news of finance company mergers after falling 0.5 per cent in the week to Friday, dealers said. "The market has been lethargic in the past week and will now focus on
        AFP  -  476 words
    • WARRANTS & OPTIONS
      • 4046 26 BONOS, LOANS k WARRANTS m 1997/98 L«t Vol *eek L«»t Ouof v High Low Stno Company Solo »or COOO) Hiqh Low Buyer Seller Price 68 9 m 3000 m AMDB c5 5%*****6 18 »1 '5 18 18 16 81 8 3160 "Ace* ******1 USS 16 92 16 14 5 15
        4,046 words
      • 189 26  -  WARRANT WATCH -By R Sivanithy IN OUR last column, we said that the risk averse who wish to participate in warrants should look for those that have plenty of time left before expiry, trade at a moderate conversion premium, offer high gearing and are issued
        189 words
    • 2585 26 Week ended Mar 27 MALAYSIAN STOCKS Gr C r 1997/98 Last Vol Wtak Last Quote Dlv Wv YW Not M Cap Hiqh Low Strvo Company Sa*o COOP) Htqh Low Buyar Salter C'vf P/t SmH 478 28 ms 5000 AISB 50c 101 -1 2623 110 98 100 101 5.0
      2,585 words
    • 6715 27 Week ended Mar 27 Cr Cr M Wt 1997/98 Last Vol w»> Lot Ouot# 01* 0I« VM Net Cap Avg High Low StNo Company Salt 000) High Low Buyer Sallar H C'»r P/l $m»i Prlca INDUSTRIALS 157 18.5 e 1020 ACE 0ynamics60c.... 38 *2
      6,715 words
    • 1307 27 Of Gr M m 1997/98 Last Vol Wee* List Oueta Dtv Dly Vld Net Cop A»q High Low StNo Company S«4« OOO) MlqK Low Buyor Sollor C'rr P/e $mN Prtc* 186 76 e 2000 ABR Hldqs 5c 116 *8 160 118 106 112 116 3.0 6.0 0.1 165.7 51.6
      1,307 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        432 28 Source: Deutsche Morgan Grentell Research Source: JM Sassoon Stocks Volume Easykmt HKIOc 84,478,000 •Renonq Bhd 50c 64,113,000 •Insas Bhd 46,000,000 IPC Corpn 5c 42,891,000 •Pub 8k Foreign 42,068,000 SinqTel 15c 41,548,000 *M Resources 39,549,000 Asia Food&Prop 38,802,000 •Uniphoenix 38,358,000 •Rekapadfic Bh 32,350,000 Stocks SinqTel 15c 124,378,800 SIA Foreiqn 95,080,234 SPH
        Source: Deutsche Morgan Grentell Research; Source: JM Sassoon  -  432 words
      • Article, Illustration
        48 28  -  -by Shiv Taneja IPC Corp closed unchanged at 18.5 cents on Friday on a volume of 4.01 million shares, compared with its 10-day traded average of 9.13 million units. The daily RSI and Stochastics are overbought. The sell signal is supported by the weekly MACD chart.
        48 words
      • 650 28  -  THE WEEK AHEAD Disappointing corporate results, a volatile Dow, faded hopes for a KL boost will keep the STII within the 1,550-1,700 band Ven Sreenivasan THE local stock market had a disappointing week, despite a slight firming by regional currencies and an improved
        650 words
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  • Page 18 Advertisements
    • 1089 18 0 SEMBAWANG CORPORATION LIMITED (Incorporated in the Republic of Singapore) The Directors of Sembawang Corporation Limited are pleased to announce the following unaudited results of the Company and the Group for the year ended 31 December 1997: GROUP COMPANY $000 $000 1997 1996 WM 1997 1396 ±IH Turnover 1,950,556 1,502.288
      1,089 words

  • Page 19 Advertisements
    • 417 19 There's money to be made on the worlds sharemarkets* But which ones? USA 6,206,907 BRAZIL 136,664 TURKEY 26,529 JAPAN 1,498,560 MEXICO 108,530 KOREA 25,409 UK 1,284,817 SOUTH AFRICA 89,439 IRELAND 23,907 GERMANY 584,682 BELGIUM 75»53<> AUSTRIA 23,007 FRANCE 474,453 DENMARK 67,719 ISRAEL 22,362 SWITZERLAND 465,596 INDIA 53»4°4 GREECE 22,253 NETHERLANDS
      417 words

  • Page 20 Advertisements
    • 164 20 One name says it all. One place has it all. fin Sing Tel U>*J Yellow Pages yellow pages* Integrated Information Pte Ltd is now Sing Tel Yellow Pages Pte Ltd. And with our name change, comes our move to a new permanent home. We are now located at: 1 Lorong
      164 words

  • Page 21 Advertisements
    • 45 21 Conferences Asia in Crisis I® Mid-Year Forecasting Planning Meeting ECONOMIC RECOVERY WHEN AND HOW WILL IT HAPPEN? 3. 1998 Four Seasons Hotel, Simjn^ore II |eremv Findley. The Economist Conferences. 30 Raffles Place. 13-01 Caltex House. Singapore (UK622 Tel: (65) 534-5177 Fax: (65) 534-5077 Email: jeremyfindlevt'eiu.com
      45 words





  • Page 26 Advertisements
    • 65 26 f Hello, C.A.T.S.IX Wow! jr f I'd like to place an B/tm I A buyer I love this car V advertisement to 1 the very J I that I tound sell my car... next day. I through I B m v si«. J/ V The Straits Times )f, —"7 Vroom
      65 words

  • Page 27 Advertisements
    • 144 27 When vim re in iltc IxiMncv. i i nuking unnnnin* throughout ihe Pastern I SA. IN the urline hw joronto >' ou Rkjhw mill the addition of djilv Might- to Minneapolis s Paul and IVtn*. »e no» Iwing unnvak-d THESE DAYS SINGAPORE AND THE U.S. SHARE EASY, w CONVENIENT CONNECTIONS.
      144 words

  • Page 28 Advertisements
    • 922 28 BUSINESS Notices IN I HE MATTER Of THE COMPANIES ACT CAP. 50 AND IN IHK MATTER OK P\NESI \N IN lERNAHONAI. PTE I.TD UN MEMBERS' \OI.( NTARV I IQI ll)\t IONi At an Extraordinary General Meeting ol the ahovcnained Company. held at h-uiimpin Iknc «*>- 01 l.ip Hing InduMnai Building.
      922 words
    • 18 28 The Straits Times CLASSIFIED Where buyers and sellers meet Find a used furniture at a bargain. 5 CATS.
      18 words
    • 254 28 To advertise call toll-free 1800-741 1883 IN I Ilk MATTER Ot THE COMPANIES AIT. CAP. 50 AND IN THE MATTER OE Ml I .TIM) NIC IMPORT EXPORT (Si PI E 1.1 I) I In Members' \ulunlarv I iquidalionl NOTICE IS HEREBV«iI\EN pursuant to Section UIH of the Companies Act. Cap
      254 words
    • 130 28 Sunday Classified -titaa bfyct fa 1 at Clarke Quay CATS Every Sunday. 9am spm In business, being at the right place at the right time with the right crowd is critical. Our Special Features can help you get there. The right place, because the editoral focus complements your advertisement. The
      130 words

  • SHIPPING TIMES
    • 281 29 Contributed by Simpson Spence Young THE drybulk market is still seeing many inspections taking place but the wide gap between buyers and sellers' price ideas still shows no short-term signs of being bridged, resulting in precious few sales being concluded. In the Panamax market sector we have at
      Contributed by Simpson Spence & Young  -  281 words
    • 309 29 SIS '000 on ss m CWT Distribution 0.75 -0.06 5 Chuan Hup 0.555 -0.005 59 Cosco Invastmant _.0.77 -0.03 20 Fraight Links 0.35 *0.005 69 GB Holdings 0.38 unch 73 Hai Sun Hop 0.66 *0.005 149 Hitachi Zoaan 0.77 -0.17 6255 IMC Holdings HK 5.60 Jaya Holdings 0-62
      309 words
    • 492 29  -  Three charges due to surge in Asia exports, empty box positioning problems By Marcus Hand [SINGAPORE] Carriers on the Trans-Pacific trade are introducing a surcharge on Asia-US routes due to the surge in exports from Asia, and the resulting empty container repositioning problem.
      492 words
    • 54 29 [MATANZAS, Cuba] A group of men working to clean up an oil spill in Matanzas, Cuba over the weekend after a Panamanian-flagged tanker collided with another ship last Thursday, spilling oil intoMatanza Bay. The oil has left a slick that has covered about a half-mile of beach but
      AFP  -  54 words
    • 815 29  -  DOCKYARD By David Hughes LAST week's announcement of the proposed merger between Keppel Shipyard and Hitachi has got to make sense. The VLCC repair market on which Singapore's main yards largely depend is getting increasingly competitive. So, on an operational level, bringing the two
      815 words
    • 220 29 Reuters [COLOMBO] Sri Lanka expects to sign a deal in April with a consortium including units of Britain's P&O Steam Navigation for the expansion of Colombo port, a senior government official said. "The Colombo port project is very much on track. The
      Reuters  -  220 words
    • 445 29 Competition unit had objected to rate quotations by group Lloyd's List [LONDON] The International Group of P&I Clubs has made a plea to the European Commission's competition directorate for further dialogue and discussion on the Commission's objections to the workings of
      Lloyd's List  -  445 words
    • 165 29 Reuters [STOCKHOLM] The end of tax-free sales at sea could cost Swedish ferry operators one billion kronors (*****.6 million) a year and up to 1,700 jobs, a government report said. Government official Birger Backstrom was appointed to investigate the effects of the
      Reuters  -  165 words
    • 840 30 POLLUTION AT SEA A regional programme is in place for the prevention and management of marine pollution in the East Asian seas IMO News AS states become more aware of the impact of marine pollution, more efforts are being made to have a sustainable and effective policy
      IMO News  -  840 words
    • 365 30 PAGE ESP Lines 14 Uil 3 Ethiopian 6 Accord 8 Ewgreen Ahrenkiel M fmM* M Appenship 5 F^*Sun Asia OCL 15 Fro<# 15 Astro 3 Frt Links 16 Austral 9 GL"* Avant 16 Gemartrans 8 B'tang Mas 8 Genslipg 9 BSA 7 Glory
      365 words
    • 16865 38 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser VMrt Voyage Telephone E SIN Destn Name Name Number Number SIN Destn Name Name Number Number S 04/04 24/04 OOCL DUSSELOORF EXPRESS 01WB13 *5-*****13 7 A To BRISBANE (BNE) 2058 To ABIDJAN (ABJ) 2003 Queensland, Australia
      16,865 words
    • SHIPS IN PORT
      • 595 45 Vessel Voy No Berth Arrlwl Departure JweflQ Pwt Anwu|iang 410 J15 alongside 29.03/1600 kttmstm* 2 02/98 J02 alongside 30.03/0800 Beihai 441 J17 alongside 30.03/2300 Coromandel C 02/98 J06 alongside 30.03/0500 Guangyuan 2 JM alongside 04.04/1900 Guisum Am 1/98 J16 alongside 30.03/0800 Handy island 24 J23 alongside 30.03/0600 Marcopolo
        595 words
      • 1786 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Boofclng/Bolonco Rstls Ship Voy Wo ttb/Btr Pertod From To From WM0 2 5X22 222 21 iwn oo 10/065* JOAWOO 30/0700 10A159 30/1400 4 30/1200 10/1459 30/1700 5 nmS SmS 2* 29/1700 30/0459 30/0900 21 29/1700 30/0459 30/0900 30/0700 30/1159 30A400
        1,786 words
      • 206 45 Apr I Hong Kong: Ching Ming Festival. Apr 7 Brunei: Hari Raya Haji. Malaysia: Hari Raya Haji. Apr 9 Denmark: Maundy Thursday. Mexico: Maundy Thursday. Apr 10 Australia: Good Friday. Canada: Good Friday. Denmark: Good Friday. Finland: Good Friday. Germany: Good Friday. Hong Kong: Good Friday. Indonesia: Good
        206 words
      • 943 45 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges 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
        943 words
      • 487 45 Carton 180 kU> 993.5 2.0 17.4 0J1 61 0.09 lULiS T Art AN-,*- So'ST™ 985.9 0.1 J.4 O.M 30 0.02 tl t2 380 Mai 992.3 0.9 19.9 0.13 64 0 06 U/tri W* m/m %n/t> w« mttiix Wo abow 635 3 0 4 0 0 0_
        487 words
    • AIR LAND TRANSPORT NEWS
      • 447 46 Deputy premier says rail link may be built in two phases to ease funding problems Reuters [LONDON] Britain's Deputy Prime Minister John Prescott has extended by two months the deadline for a plan to rescue the crisis-hit new high speed rail link between
        Reuters  -  447 words
      • 438 46 Winning bidder allegedly gave US$lOO,OOO to NY Republican officials NYT [NEW YORK] The chairman of the Metropolitan Transportation Authority ordered an inquiry last week into a US$97 million (*****.2 million) contract to repair the Queens-Midtown Tunnel. The chairman, Virgil Conway, was responding
        NYT  -  438 words
      • Article, Illustration
        81 46 [GENEVA] Fabrizio Rigato of Italy posing with a bicycle that is equipped with an Arm Propulsion System (APS) last Friday. The APS consists of rotable handlebars with miniaturised gears that connect to the front wheel. The double-powered (same ratio for legs and arms transmission) bike shows a "formidable
        REUTERS  -  81 words
      • 365 46 Putting aside ongoing fend, they will meet arbitrator over issue Bloomberg [WASHINGTON] The railroad industry's two unions that represent train operating workers have agreed to set aside their ongoing feud and discuss a merger. The United Transportation Union (UTU) and the Brotherhood of
        Bloomberg  -  365 words
      • Article, Illustration
        69 46 [HAMBURG-FINKENWERDER, Germany] A technician taking a look at the fuselage of the first Airbus A321-100for the Japanese All Nippon Airways, which was prepared for its handover at the Daimler-Benz Aerospace Airbus GmbH in Hamburg-Finkenwerder last Friday. The plane, painted with various photo motives, is scheduled to fly inner-Japanese
        AFP  -  69 words
      • 407 46 Reuters [BRUSSELS] Brussels-based Virgin Express last week urged the Belgian government to grant it tax concessions to put it on a par with foreign rivals. "We're not threatening (to leave), we're pleading for a level-playing field. We cannot be at a structural disadvantage vis-a-vis our
        Reuters  -  407 words
      • 261 46 AFP [SYDNEY] Airlines will be fined up to A 522.000 Australian (5523.600) if they fail to produce realistic flight schedules at Sydney Airport, officials said yesterday. Until now there has been no controls on when airlines can schedule flights into Australia's busiest airport,
        AFP  -  261 words
      • 279 46 AFP [BEIJING] China's motorcycle makers are conducting mergers and slimming down capacity to remain viable in the face of growing imports and hostile domestic policies, the China Daily Business Weekly reported yesterday. China Jialing Jianshe Motorcycle Group, formed late last year through a
        AFP  -  279 words
      • 1726 46 CITY FLIGHT ETA FLIGHT ETD VN740 1410 Abu Dhabi MPS? 1935 Hat Yal TG407 1540 *1425 0040 Amsterdam KL843 0450 KL7411 0805 Ml89s "50 TG408 1635 SO343 0735 MP92 1935 Ml8% 1815 KL838 2300 HlrosMwa SWTT 1700 ***** 0130 S024 2320 Ha CM MM **741 U10
        1,726 words
  • Page 29 Advertisements
    • 15 29 Safeguarding Asia's waters A programme serves to prevent marine pollution in East Asia. Page 2
      15 words
    • 126 29 Deadline extended for Channel link I'rcscott says rail link may be built in two phases to ease funding woes. Back Page M 1 1 1 1 il«l 4 r dm\ r rCL 411! idll J3r~ rS? r pp» »»!«5 i'* mmL •Ifc'J -KW-VK*. jaal r:!M* 35 —*,L_- y. T ytis!>!2Ei?*
      126 words

  • Page 30 Advertisements
    • 1103 30 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LA IOWBCT WWCE TO WEST COAST SOUTH AMPWCA/ABIA ANDES EXPRESS SERVICE W Vtssa VOT ETASM ETOSX IGI Ml MOU OK NT racoon mm VOT |MM IIWUIHIO OUHMyWTMOA [cAtIAO 00 WW AMTO4AGASU WMMHo" OOQOMia
      1,103 words
    • 63 30 Ekrnrm CAPTRANS SHIPPING ITD ■BB9i®S WEEKLY SINGAPORE CALCUTTA HALOIA SINGAPORE VtMUL IN VOY OUT VOY CALCUTTA StNOAPOti CALCUnA MIR EMAD 008EB 009WB 29/03/98 05/04/98 10/04/98 STEAMER FORTUNE 110 EB 111 WB 03/04/98 10/04/98 15/04/98 ASINTSi Sm Dragon Shipping Agon<ie» (A Division of Jardino Mathoton (Singapore) Ltd) I Maritime Square #10-46,
      63 words
    • 727 30 L l^l! e^o D eSen,e a A Memoers ol tfie S ImO!j Memoers of the Registry of M ■>,% Singapore Freight Forwarders Accrediteo Stepping Agents uaaV Association v?"'y Sngapore Shipping Associatior Send out 48,000 Place an ad in... SHIPPINGTIMES Just talk to us.~ Iris Um *****44 JarrodLeong 740 2089 EXPORT
      727 words

  • Page 31 Advertisements
    • 1073 31 TO EUROPE FROM EUROPE IvKStl VOY SIN RTM ANR HAM BRV SOU FXT UH VESSEL VOY RIM ANR HAM »RV SOU FXT UH SIN HY HKHNiSS JIM JO/03 16/04 IS/04 21/04 14/04 HYUNDAI EMrtROR 4108 11/03 07/03 09/03 04/03 28/03 API ALMANOINE 5138 02/04 25/04 22/04 23/04 20/04 IA LO4RE
      1,073 words
    • 1857 31 HANJIN SHIPPING HANJIN SHIPPING (S) PTIITO hup ho*« ton. BOOKING *****35 237 SAIfS *****24 231 00(UWN1 *****71 274 0«M1I0*S *****41 252 MAIN UK *****55 FAX *****40 (I *0 **********0* |TO NW USA CANADA USA CANADA* >D> ya/voT uTI vm umi haui/vot sa nw «n m cm I msp 1 pit
      1,857 words

  • Page 32 Advertisements
    • 1858 32 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN/CANADA VESSEL VOY SIN LEH HTM ANH HAM BBV H» VESSEL VOY SIM JEP CH SPE fOS VIC MTR PUSAN SENATOR WNBI4 3T 03 17 04 19 04 20 04 21 04 22 04 23 04 WASHINGTON SEN WMBI7 04 04 15 04 21
      1,858 words
    • 1451 32 MY YML Internet Web Site http: //www yml.com tw 1% *Akk SLik AV Hf ik *J E ma Address: c^hp72oymtcoo,,w \P 1* i/i"" Tr l 'II ifi"" h"' 11' lf./ T I il t TWICE WEEKLY EVERY THURSOAY SUNDAY VESSEL VOY SIN CMB RTM HAM FXT LEH ANR SETO BRIDGE
      1,451 words
    • 556 32 LINE SB? jfi TIL: *****56 FAX: 8582 11 2 MUARA LABUAN VESSEL VOT (ID ETA VESSEL VOY ETO EH SPORE MUARA SPORE UN APRIL GLORY VOBE/98 31/03 02/04 APR*. GLORY VOBE/98 31/03 04/04 J. PROSPER VO9C/98 OS/04 08/04 J- PROSPER VO9E/98 OS/04 09/04 APRII GIORY VO9E/98 09/04 12/04 APR* GLORY
      556 words

  • Page 33 Advertisements
    • 1484 33 I VESSEL VOY SIN BKK POU PKQ P€N BLW SUR BA BIK IRAN SHOJAAT PJL-1271 18 03 26/03 IRAN TEYFOiWI PJL-1273 21/03 30/03 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJ AN ARMENIA, KAZAKHSTAN. UZBEKISTAN, TURKMENISTAN, KIRGISTAN, TAOZHIKISTAN GEORGIA VIA B. ABBAS, BIK AGENT IN SINGAPORE
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    • 2001 33 EVERY MONDAY 1 DIRECT TO JAPAN I KOBK 7 MVS I NAGOYA -1 MYS I I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) TwOSM^ToHOßroma™"^^^^^^^^! COSTAR SHIPPING PTE LTD »i7-08D8SRiDG SAUS/IKGS *****41/43 INWARD DEPT (O/O) *****85 COSTAR AGENCIES (M) SDN BHD ICR WO: **********00 TOWER
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    • 603 33 hr, EASTERN CAR LINER, LTD/niXST 1 Dfc I Ed (SINGAPORE) Pit LIP UrnSm SPECIALIZE IN RORO HEAVY LIFT UPTO 122 TOMS] ECI (SINGAPORE) PTE UO LOADING FOR CHITTAGONG/CHENNAI SHARJA/JEBEL AU/JEDDAH MV "IB EVERETT" V.7 MV "SEKI KOCHI" V.126 ETA SIN 26/03/98 ETA CTG 31/03/98 ETA SIN 26/03/98 ETA SHARJA 09/04/98
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  • Page 34 Advertisements
    • 1409 34 EUROPEAIK/SCANOINAVIA/FINLAND/RUSSIA SGP RDM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SOP E DECENT RW 003 04 04 24,04 29/04 25,04 27 04 28,04 29,04 E GOODS RE-060 07/03 06/03 08/03 10/03 02/04 E DELUXE RW 002 11 04 01,05 06,05 02,05 04,05 05,05 06,05 E GLEEFUL
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    • 958 34 AM MAC-NELS S PORE M'SIA Carrier: MN CONTR LINES, INC ~IWY~ J NO: ********** M StBU: (064) *****9 MANILA: (632) *****24 V W PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MOW: (61) *****3 KUCHING (062) *****1-3 MANILA GENOA/BARCELONA MV "MARTRAVELLER" V.
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    • 440 34 /CZI TOm. NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL I VOT I SIM I PtU I PUR I CFT R/lAT HANUIO<UGQH QQSS 31/03 09/04 13/04 17/04 NANTAI PRINCE 021S 05/04 11/04 21/04 NANTAI VENUS 076S 14/04 73/04 27/04 01/05 04/05 GOtDtW DRAGON 004S 21/04 30/04 04/05 M/
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  • Page 35 Advertisements
    • 564 35 BSfl i. M MYANMA MHfflk FIVE STAR LINE (Myanmar Notional Line) VA Loading for Yangon (Rangoon) VISSII VOT SIN PKG PIN PGU PAGAN 254W SLD lAGO 101W 04/04 MALAYSIA AGENTS lOUSTIAD SHIPPING AGENCIES Kill: TEI 02-03-*****00 PKL HI 02-03-*****01 PIN: Til 02-04-*****02 PGO: TIL 02-07-*****21/4 BANK LINE (A service of
      564 words
    • 1289 35 A HYUNDAI MERCHANT MARINE CO. LTD. fvissa vot I sjn I sou I ifH rmn I amt I ham I wtv I ro. [vcsa vot sou uh btm ant haw brv i fh Hi"! HY HIGHNESS 310W 30/03 15/03 16/03 11/03 U/03 18/03 21/04 HYIMPIROR 3101 04/03 11/03 10/03 07/03
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    • 893 35 MB JHff norwegon ipecofcied autocarneri w; ©@g(°j(3 mm l/h£s TO NORTH AND LATIN AMERICA RORO HEAVYLIFT SERVICE" |VISSII VOY RAMP HEIGHT SIN LAX CRL MIA SAV BAL ORF NYC NEW MOI TAMPA FM«~~ 400 Tons 6JM *****" 10/05 TtyOS 22/05 24/05 26/05 27/05 28/05 02/06 06/06 TALASOT FBO9 400 Tons
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  • Page 36 Advertisements
    • 952 36 BANQKOK/LAEM CHABANQ JAKARTA/PANJANO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN KITI BHUM" 47N 31/03 03/04 ACX JADE* 17S In Pt 02/04 NANTA BHUM 387N 31/03 04/04 03/04 PEJA BHUM 741S 31/03 03/04 02/04 SINO OCEAN OCNQ6S 01/04 04/04 MATHU BHUM 361S 02/04 04/04 XETHA BHUM 229N 01/04
      952 words
    • 480 36 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 Ml TEL *****88 FAX: *****64 TLX R*****5 SINMER 111 CR No: **********0W Receiving Cargo at PTI Blntulu Muara j VISSEI VOY HM |TU VOY SIR MUA IStno V9807E II 12/04 17/04 »»J«* Y***** 0102/04 07/04 B Beiort V9805E IS 16/04
      480 words
    • 632 36 »CCORD A SHIPPIWO PTE LTD Tfl *****1S (40 Line*) PAX *****30 KHTKUMG (03)36/1001 tm Wk DIRECT ACCESS TEL *****55 (EXPORT ROOKING) MSM OUDAHC (07)351 13// *****34 (EXPORT DOC), *****39 (IMPORT) FIHkHQ (04)332 1443 URL;HTTP://WWW.ACCORD.COM.SG JAKAtU (111*40 07/0 PORT m $IN POUT ETA SIN PORT ITA SIM FOOT m SIM (FAR
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  • Page 37 Advertisements
    • 398 37 INDONEsi^ATioNA^N^I TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE VSL VOY R O*M H BUHG BREMEN ANTWERP A VESSEL 43W8 l?V2?/3_| 27/4 1/5 OMIT S/5 TO AUSTRALIA I FULL CONTAINER SERVICE m VOY FRE BXE SYD Mil HBA AOL FRt AOST EMTERWISt VI3S KO4 04,04 ISW 1704 21W4 VULE Of CAftILA VO2S OMMIIO4
      398 words
    • 1066 37 aaaaPff pacific international lines (pte) ltd 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 Ivissn vor m sin I syp mil am wi m m I I 00(1 ABIUTY Oil 3/4 4/4 14/4 11/4 21/4 24/4 2/5 I I KOTA PERTAMA PTMOO3 10,-4 11/4 24/4 U/4
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    • 965 37 VESSELS VOY SIN JED MLA LEH MAM THP RTM I ZEE 1 VULE DE MIMOSA V2SW 31AP ofto4 14AM 19AM 21AM 22AM 23AM 24AM VILLE DE TANYA T2SW 06AM 17AM 22AM 2BAM 29AM 30AM 3QAM 01 AX VILLE DE TAURUS A2SW 15AM 24AM 28AM PSAS (MAX OBAX OBAX OBAX VILLE
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  • Page 39 Advertisements
    • 57 39 To retrieve more schedules, just follow these simple steps... Ste ß/^ The document 740-6000^^^^pl tep be faxed M w M IJ t0 y° u —>/» Pressni •J Select the port I Step key in the four number /f digit code Key in your Example: i fax number To NEW YORK
      57 words



  • Page 42 Advertisements
    • 1247 42 -w 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. **********0 D BOOKINGS CALL DIRECT LINE: *****41/43 JESSICA/CELIA/MEI CHAN 7 slgs/week [J2S3JE2S3B 2 slg/week IVESSEL fVOY TSJN [JAK [VESSEL VOY I SIN I PLB MAERSK JAKARTA
      1,247 words
    • 609 42 ENG LEE SHIPPING CO PTE LID I WC&ZX M *****7$ (6 Umil his *****30 5326»60 I <K HtWOOOQOt VESSEL VOY SIN HA SIN ETD DESTINATION Buono Aaodi 05/98 30/03 31/03 Pwwr^/BuJion/BPopan Union Sta 10 OS/98 30/03 31/03 Dura Mono Polo 4? 9/08 30/03 31/03 Suraboyo (Jnggul loyo 06/98 30/03 31/03
      609 words
    • 507 42 i^_ m FAR EAST 05/04 KEELUNG/KAOHSIUNG 05/04 BANGKOK 06/04 MANILA/CEBU 05/04 JAKARTA/BELAWAN/SURABAYA 05/04 PORT KELANG/PENANG/E MALAYSIA 07/04 BUSAN 05/04 TOKYO/YOKO/KOBE/NGO/OSA 05/04 HONG KONG ISIN CHINA ("t"S#±»*o) 05/04 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 05/04 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES m USA/CANADA 07/04 LOS ANGELES/NEW YORK all
      507 words
    • 484 42 Singapore Soviet Shipping Co. Pte. Ltd. CR NO:**********0N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTA RATU RTUOOS 03/04 10/04 21/04 23/04 FAIRY EAGLE 11 IN 08/04 15/04 26/04 28/04 TRADE FAST TFS2I7 16/04 23/04 04/05 06/05 KOTA RATU RTUOO7 24/04 01/05 12/05 14/05 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA
      484 words

  • Page 43 Advertisements
    • 1366 43 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE i VESSEL VOY SIN PIR GOA VLC IfH ANR FXT N SHARJAH ***** 31 MAR 13 APR 15 APR OMIT OMIT 21 APR 22 APR MSC REBECCA 9812-3 04 APR 17 APR 19 APR OMIT OMIT 25 APR 26 APR I N SINGA
      1,366 words
    • 1889 43 fer" iowAM MM i?L 7BM maa V B»/ V0T SOU I RTM I HAM I UH S'PORE KOBE NAGOYA SMMIZU TOKYO NYK CASTOR 02WI4 1004 *****704 2104 02 OS OOQNETHWLANO 03CA10 07.03 09.03 10.03 1 13.03 31.03 OH M 06.04 OMIT P10 MIL SOUTHAMPTON 07WA15 1S.04 02.0S 04.0S 0S.05 09.05
      1,889 words

  • Page 44 Advertisements
    • 418 44 ma §§41 TICER-LlftE Singapore Madras Shuttle Singapore Calcutta Shuttle Colombo Calcutta Shuttle Madras Colombo Shuttle Colombo Tuticorin Shuttle Colombo Cochin Shuttle Agents: Ben Line Agencies Contact Peggy Hwang or Mary Teo Tel 225 3522 Fax 224 0163 DIRECT LINES *****80/*****81 BE GLORY NAVIGATION GROOP Mb lift M3.W nrk-fral REGULAR LINER
      418 words
    • 900 44 FREIGHT UNKS EXPRESS I 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin<g>singnet.com.sg CONSOLIDATION THE FOLLOWING PORTS ISTANBUL (IST), CEBU (CEB), MALTA (MLA), SANTOS (SSZ), LAEM CHABANG (LCB), XINGANG (NET). VESSEL FTD SIN ETA IST ETA CEB ETA MLA ETA SSZ ETA LCB ETA HET
      900 words
    • 1193 44 OOCI (Singapore) Pte Ltd CFS Keppel D«strpk For booking j 79 Anson Rood #21-04 (S) *****6 Blk Sl3 #01-128 enquiry YBi. CR NO **********0H Tel: 272 7827 (a ll 2269 180 V V§S?' W Tel: *****13 F«i 221 3942 F«: 272 7825 I NORTH AMERICA USA/ CANADA <Q> AUSTRALIA TO
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  • Page 45 Miscellaneous
    • 133 45 IPS 1100E InOE LEGEND: R Thunderstorm Temperature c X\ A K)wer Weother Wind direction with speed in knots V oeßom O Cloudy Sky OV# h flht Surface winds ore indicated by arrows which Hy with the wind O One fun circle represents calm or light and vonoble winds J One
      133 words