The Business Times, 9 July 1998

Microfilm: NL21203
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    22 1 THE BUSINESS TIMES \IITA (P) 110/***** 85c S 1 N G A P 0 R E Internet: http://www.asial.com.sg/biztimes THURSDAY, JULY 9, 1998
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  • Article
    MARKET SUMMARY
    68 1 sra 1407.78 (-7.40) BT-SBI 47L58 (-0.32) BTOOMP 927.79 (-15.75) BTMGA 58&37 (-2.53) B MARKET MOOD: Mixed STOCK MABKET INDICES Wednesday Change KLSE COMP ***** -1127 NIKKEI *****.97 114.69 HANG SENG 8,629.18 +185 SET INDEX 273.43 +1.16 JAKARTA COMP 472.98 -10.97 MANILA COMP 1357.50 -2.82 TAIPEI WPI 7,936.82 +90.85
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  • Article
    FINANCE
    82 1 FOREX RATES rss s$ US$ 1.697 £(US$/S$ per 1.638 2.779 DM 1.814 0.935 YEN 139.1 liar RM 4.164 0.407 HKS 7.748 Oi 19 BAHT 4130 0.041 RL'PIAH 14,900 0.011* 'St to 100 units PRIME BATES SINGAPORE* 7 88 KUALA LUMPUR 11 50 JAKARTA .280(1 BANGKOK 14.75 MANILA ago HONGKONG
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  • Article
    Shakeout among Japan banking outfits in S'pore
    558 1  -  Effects of wrenching change in Japan are being felt here By Conrad Raj [SINGAPORE] Half a dozen Japanese financial institutions have pulled out of Singapore since last year, with more expected to follow suit. Two others have downgraded their offshore banking status to
    558 words
  • Article
    KTM agreement does not need ratification: S'pore law ministry
    863 1  -  By Walton Morais [SINGAPORE] The points of agreement reached between Malaysia and Singapore on the issue of Malayan Railway land here is a government-to-government agreement and does not need further ratification, a Singapore government statement said yesterday. The statement, issued by
    863 words
  • Article
    Lock icon US risks US$35b rise in trade deficit
    248 1 Study forecasts steep rise in US trade gap, lower growth globally Bridge News [WASHINGTON] Economic troubles in South Korea, Indonesia and five other hardhit Asian countries will result in a US$35 billion (5559.3 million) increase in US trade deficit and depress growth around
    Bridge News  -  248 words
  • Article
    MBf Holdings gets court protection against creditors
    720 1  -  Gronp appoints Arthur Andersen to advise on restructuring Fro\ Eddie Toh in Kuala Lumpur MBf Holdings, the ultimate parent of the largest finance company in Malaysia, has obtained a court order to stave off creditors, sources said. MBf Holdings, which is 29.04 per
    720 words
  • Article
    Pidemco not pursuing Scotts deal
    289 1 Decision follows talks with financial advisor to vendor [SINGAPORE) Governmentowned property heavyweight Pidemco Land said yesterday it was no longer pursuing the purchase of a 50.6 per cent interest in listed Scotts Holdings. In a statement, the developer confirmed that it had previously expressed interest
    289 words
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      111 1 INSIDE Hock Lock Siew Conrad Raj argues the case for share buy-backs, Pgls If I W M Resisting pressure Japanese Prime Minister Ryutaro Hashimoto yesterday resisted financial market clamour for him to announce a permanent cut in personal income taxes, Pg6 Cheaper cars Car prices, especially those of luxury models,
      111 words
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      94 1 B kl. 1 I I r vA'l Pi Lml J, i !■> ¥li Ui M t^—HM^^WBMMBL a| M REUTERS Badger on the move [FRANKFURT] Reto Francioni (left) and Joerg Franke, board members of the Frankfurt stock exchange, posing yesterday behind a large marzipan badger the exchange's "mascot". Germany's DAX stock
      94 words
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      Page 1 Advertisements Column 3
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      HK Land signs $300m credit facility for Esplanade project
      563 2  -  Company close to signing agreements with three major prospective tenants By i Catherine Ong HONGKONG Land Holdings yesterday signed a $300 million (US$l75 million) revolving credit facility with three Singapore banks to finance the construction of One Raffles Link, its seven-storey
      563 words
    • Article, Illustration
      Lock icon Shanghai seeks public housing bids
      546 2  -  Prospects good for low, mid-price public housing top official By. Lu Ning A TOP Shanghai official has called on Singapore investors to channel more funds into medium-price public housing and to bid for major infrastructure projects in the city. Visiting party secretary of Shanghai, Huang
      CHRIS LOH  -  546 words
    • Article, Illustration
      Lock icon Slower rise in top CPF contributors
      337 2  -  E7E ON THE ECONOMY Wages By. Marissa Chew THERE was a slower increase last year in the number of Central Provident Fund (CPF) contributors who earn at least $6,000 a month. According to the Ministry of Manpower's latest annual report on wages, a to-
      Source: MOM  -  337 words
    • Article
      POSBank posts 22% rise in group net surplus to $219m
      293 2  -  Chairman warns of more competition for deposits Soh Tiang Keng REAPING gains from higher interbank rates which resulted from the regional currency turmoil, Post Office Savings Bank (POSBank) yesterday posted a 21.9 per cent rise in group net surplus to
      293 words
    • Article
      US$2b Exxon petrochem project on track: officials
      484 3  -  Piling starts this month despite concern over bad regional market By'. Ronnie Lim PILING work on Exxon Chemical's US$2 billion (553.4 billion) petrochemical complex is starting this month, with the project on schedule for completion by the third quarter of 2000, officials told
      484 words
    • Article
      Lock icon President Ong honoured by Queen
      267 3 The Straits Times [LONDON] President Ong Teng Cheong was awarded one of Britain's highest honours on Tuesday, when he met Queen Elizabeth n. She bestowed on him the Most Distinguished Order of St Michael and St George. He was only the second person from Singapore
      The Straits Times  -  267 words
    • Article
      2% of S'pore adults shop online: survey
      266 3 THE number of people in Singapore buying goods and services over the Internet can potentially increase four times over the next six months, according to a market study commissioned by the National Computer Board (NCB) and conducted by AC Nielsen-SRS, a local market
      266 words
    • Article
      Corrections and clarifications
      40 3 IN our table, "A look at the numbers", in the Money Matters page yesterday, we ran the figures for the week ended April 3 instead of the week ended July 3. We are sorry for the error.
      40 words
    • Article
      Sing Re boss reappointed head of insurance bureau
      105 3 HWANG Soo Jin, chairman of the Singapore Reinsurance Corporation, has been reappointed chairman of the Insurance Ombudsman Bureau. Set up in 1987, the bureau is an independent Singapore body which settles disputes between policyholders and insurance companies. The bureau is made up
      105 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      161 2 MMMSBiaaBS Che HfflHll We are knocking an unprecedented 50% off the estimated value of all Yn f\ our rugs f° r the opening bid. Only during the Great Singapore Sale! Up for bids are Dutch colonial Y TTV furniture artifacts, and a whole 23 9!/ new collection of rugs meticulously
      161 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      253 3 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For further
      253 words
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      725 3 H I r 4 £$l jr I ■Hf t M 11 'J 4k A> ym Ap® "2r>-# B f r y >ii>i. j I _^ib^~--^pr I The Aberdeen Select Portfolio. Giving you control over your investments. I Now, you can choose and adjust your investments within one unit trust. With
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  • FOCUS: PROPERTY
    • Article, Illustration
      Conservation efforts pay off
      483 4  -  The Asian Civilisations Museum and St Gregory's Place were among winners of Architectural Heritage Awards Reports b// Jenny Lam [SINGAPORE THIS year's Architectural Heritage Awards organised by the Urban Redevelopment Authority feature a good spread of conservation properties among winners. These include an old school building
      483 words
    • Article
      URA book on good restoration works
      175 4 It features past 30 winners of Architectural Heritage Awards [SINGAPORE] The Urban Redevelopment Authority yesterday launched a new publication called Recognising Quality Restoration which features all past 30 winners of the Architectural Heritage Awards. The awards recognise good restoration projects. The URA has also
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    • Article
      Two S'pore projects win international acclaim
      198 4 [SINGAPORE] Two Singapore property projects won special recognition in a recent international real estate competition organised by Paris-based International Real Estate Federation (Fiabci). The two projects are Spring Grove, a prime condominium development along Grange Road, and the Housing and Development Board's Sungei Api-Api
      198 words
    • Article
      House Hunt
      300 4 Property transactions for districts 11 and 21 (sectors 28 to 30 and 58 to 59) lodged between Jun 7 and Jul 4, 1998 PROJECTNAME/ PROP CONTRACT TENURE BULMV PRBE PSF STREET NAME TYPE DATE LAND AfCA* (SO FT) (SJ'OOO) (S« District 11 Non-Landed Gilstead 38 Apt 16/04/98 FH
      300 words
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      33 4 S AL#RiR ITO IS LA N D A JEWR OF THVGIiIF iSIAWO An adventure retreatTOrThealth and renewal h 3T 1- '^SMBSSBSBSSI -JSLIS6JBKIS* HHHI HLp jflF HHlMH||^|MflQH iii 11 liaip^Hi CB Richard Ellis Investment
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      118 4 Property Private Lot A ***** MK 2 7 Bedok. Changi South Street 2. Singapore Description Part 2-storey and part 8-storey warehouse factory complex with office (almost completed, subject to TOP) within Changi South Industrial Estate. Area Land 9.936 sqm Built-Up 15. 7 24.4 sqm (estimate) Gross Plot Ratio Between 0.8
      118 words
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      39 4 »> >9k vtew ay ,or 9rar }ient conditio 0 1 \g^SsS^ *;\-a Is there something you want to sell Call C.A.T.S. at 1800-737-1166. cats. n I know? <I—J1 —J ,n Mews/ I Catch Cats' Mtwi ia Clattifitl this wttkuj. CATS.
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon More than half of Indonesian population faces poverty: FAO
      555 5 ROME Growing groups facing acute food shortage a cause for concern, says report Bloomberg Reuters AFP PERSISTENT drought and the economic crisis in Asia have exacerbated food shortages in Indonesia to the point where more than half the population faces poverty,
      Bloomberg; Reuters; AFP; REUTERS  -  555 words
    • Article
      Lock icon Presidency not on agenda of Indon special assembly
      246 5 JAKARTA Habibie says session in November to focus on election laws Reuters INDONESIA'S top decisionmaking body will not discuss a new president at a special November session, local media yesterday quoted President B J Habibie as saying. A report in yesterday's edition
      Reuters  -  246 words
    • Article
      Lock icon M'sian govt to pump RM600m more into MSC
      161 5 KUALA LUMPUR Bridge News PRIME Minister Mahathir Mohamad yesterday announced that the government will allocate an additional 600 million Malaysian ringgit (***** million) for the development of the country's multimedia supercorridor (MSC) project which is meant to jump-start its information technology industry.
      Bridge News  -  161 words
    • Article
      Lock icon Thailand voices concern over Myanmar tension
      172 5 BANGKOK Reuters THAILAND said yesterday that it was concerned about growing political tension in neighbouring Myanmar and urged restraint by all sides. "We urge restraint by all sides to avoid violent confrontation between the opposing forces," foreign ministry spokesman Kobsak Chutikul said. "We as
      Reuters  -  172 words
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      64 5 li/> i Ih i- lIISIW iiml l\l rll i' 111"*, II i\ 111 >■. 111 ii I<l limlfi i mi I hi ils 111 irlii}•ihiii ii i I it i 111 •ti'Milt, "I'ns-.iil lir\l fil l/in ilium i lmrr\l ftilif i \a i ii ml i r.i>•> .i i i
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Thatcher agrees with Dr M's view on IMF
      335 6 Bernama [LONDON] Former British prime minister Margaret Thatcher said she agreed with Malaysian Prime Minister Mahathir Mohamad's view that the International Monetary Fund (IMF) needed to improve its surveillance of international capital flows so that such vast and unexpected upsets could be
      Bernama  -  335 words
    • Article
      Lock icon World Bank to pass US$2b to Korea soon
      289 6 Bank official optimistic over ongoing reforms AFP [SEOUL] A senior World Bank official yesterday promised to channel a second tranche of US$2 billion (553.4 billion) in loans to South Korea, expressing optimism over the country's ongoing economic reform. "The US$2 billion loans
      AFP  -  289 words
    • Article, Illustration
      Lock icon Hashimoto resists pressure, fudges on permanent tax cut
      720 6  -  Bat premier's play on words may spook markets and worsen relations with US From, Anthony Rowley in Tokyo JAPANESE Prime Minister Ryutaro Hashimoto yesterday resisted financial market clamour for him to announce a permanent cut in personal income taxes and promised only
      AFP  -  720 words
    • Article
      Lock icon IMF medicine is just right, says report
      474 6 INSTITUTE FOR INTERNATIONAL FINANCE STUDY Govts faulted for not implementing programmes quickly Bloomberg [WASHINGTON] The International Monetary Fund's prescriptions to stabilise and rebuild South-east Asian economies have been the best medicine for recovery, according to a new paper published by an association of
      Bloomberg  -  474 words
    • Article, Illustration
      Lock icon Desperately seeking a job
      69 6 [BEIJING] A newspaper vendor selling job classifieds and job-hunting strategy guides at a job market in downtown Beijing yesterday. The boards list various positions on offerfor unemployed professionals. Premier Zhu Rongji, architect of the plan to restructure loss-making public sector firms, called on companies to "take
      AFP  -  69 words
    • Article
      Thailand shuts door to more foreign banks
      471 6  -  BOT won't issue any more licences, says official From Harish Mehta in Bangkok THAILAND will not open its doors to any more foreign banks, even though there are many applicants who have waited years for banking licences, including some of Singapore's top banks,
      471 words
    • Article, Illustration
      Lock icon Recovery, adequate food supplies my priorities: Habibie
      280 6 AFP {KUALA LUMPUR] Indonesian President BJ Habibie said in an interview published here yesterday that his main challenges were economic recovery and ensuring adequate supply of basic foodstuffs. "There must be rice, food and medicine. These are priorities," Dr Habibie told the Malay-language
      AFP  -  280 words
    • Article
      Lock icon Help Indonesia, IMF urges developed nations
      182 6 AFP [TOKYO] The head of the International Monetary Fund's Asia-Pacific operations yesterday urged developed countries to put up more money to help Indonesia rebuild its economy. "Indonesia needs money. Please help poor Indonesia," Kunio Saito said at a news conference here. Mr Saito said
      AFP  -  182 words
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  • CHINA – HONGKONG – TAIWAN
    • Article, Illustration
      Lock icon Cargo handling still chaotic, passenger services improve
      536 7  -  HK AIRPORT'S TEETHING WOES Air cargo operator extends emergency measures until this weekend Reports from Loh Hui Yin in Hongkong CONDITIONS improved at the Chek Lap Kok airport passenger terminal yesterday but air cargo operations remained chaotic. Hongkong's main air cargo operator has
      REUTERS  -  536 words
    • Article
      All systems go at S'pore-run cargo operator
      362 7 WHILE Hongkong Air Cargo Terminal's cargo operations are a virtual standstill, its much smaller rival, Asia Airfreight Terminal, which is majority-owned by Singapore interests, is beavering away at Chek Lap Kok airport. Asia Airfreight Terminal (AAT), which has invested HK$9OO million (Ssl97 million)
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    • Article
      More HK commercial devts being abandoned
      547 7  -  Over 100 sites left idle due to slump, tight credit situation hYom Quak Hiang Whai in Hongkong HONGKONG'S office and commercial property sector is in serious trouble as abandoned projects probably the most telling sign of an economic slump are on the increase with
      547 words
    • Article
      HK graft cases rise as crisis bites
      290 7  -  From Loh Hui Yin in Hongkong CORRUPTION is on the rise in Hongkong as the economic downturn bites, according to the Independent Commission Against Corruption (ICAC). The anti-graft agency said it received 1,780 corruption reports in the first six months of this year,
      290 words
    • Article, Illustration
      A turning point for Chinese telecoms
      635 7  -  CHZMA WATCH China's only other fixed-line phone operator finally gets a fighting chance in the market By Lu Ning IT WAS but a small news item in the official People's Daily, but one with profound significance. Starting this month, the report said, China Unicom,
      635 words
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      398 7 Delays continue, Shipping Times Pg 16 Oi IIS FO-165 FO-365 FO-1460 FO-2600* FO-1850 Compact Fax Compact Fax with Plain Paper Fax Plain Paper Laser Fax Plain Paper HIE 50-metre thermal paper roll Antn Pnttor 9-sec transmission 13-sec transmission Multifunction Fay 1 nIIHK #1 5-sec transmission Anti Cnrl 200-sheet capacity 20-sheet
      398 words
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  • ASIA
    • Article
      Lock icon Bankruptcies hit record levels in Japan
      551 8 TOKYO Class of 'new poor' weighed down by debts and mortgages AFP AFTER Japan's bubble economy spawned a class of nouveaux riches, the tough economic slump in the world's second largest economy is now creating a class of "new poor". The number of personal
      AFP  -  551 words
    • Article, Illustration
      Lock icon Aussie senate passes native bill after longest debate on record
      589 8 CANBERRA Aborigines threaten to take matter to high court, international forams AFP THE Australian government yesterday won its long battle to force the Wik native title bill through the senate, averting the need for an early election based on race
      AFP  -  589 words
    • Article
      Lock icon Hindu hardliners to press on with temple plans
      277 8 NEW DELHI AFP A HARDLINE Hindu group said it was determined to build a temple at the site of a historic mosque destroyed six years ago and would not be prevented by the government or judiciary, reports said yesterday. The Vishwa Hindu
      AFP  -  277 words
    • Article
      Lock icon Telstra will be fully privatised, says Howard
      312 8 CANBERRA Premier downplays opposition; says it'll benefit rural areas Reuters AUSTRALIAN Prime Minister John Howard yesterday said his government will commit itself to the full privatisation of telecommunications giant Telstra, despite opposition from some of his National party colleagues. "The government remains committed
      Reuters  -  312 words
    • Article
      Lock icon Record number of Japanese women eyeing senate seats
      564 8 TOKYO They account for 23.2% of total candidates AFP [TOKYO] Japan's Upper House elections this weekend have attracted a record percentage of women candidates in a country where they wield far less influence than women in other developed countries. In Sunday's elections
      AFP  -  564 words
    • ASIA Briefs
      • Article
        Lock icon Tokyo plans joint projects with Russia
        60 8 AFP [TOKYO] Tokyo has proposed 12 joint development projects with Moscow to upgrade infrastructure in far eastern Russia, a report said yesterday. Japan's Prime Minister Ryutaro Hashimoto and his Russian counterpart Sergei Kiriyenko are expected to confirm the projects when Mr Kiriyenko visits here
        AFP  -  60 words
      • Article
        Lock icon Seoul expels Russian diplomat
        68 8 AFP [SEOUL] South Korea yesterday expelled a Russian diplomat here accusing him of "violating his diplomatic status" in a tit-for-tat move after Moscow evicted a Seoul official accused of spying. Russia's counsellor and consul here. Oleg Abramkin, was declared persona non grata and given three days
        AFP  -  68 words
      • Article
        Lock icon Asian pullout threat 'cultural blackmail'
        59 8 AFP [SYDNEY] Asians are some of the most racist people in the world and threats by business groups to pull investment out of Australia are nothing more than cultural extortion, the One Nation party said. "It's a typical example of cultural blackmail and we don't
        AFP  -  59 words
      • Article
        Lock icon S Korea poshes defence reforms
        70 8 AFP [SEOUL] South Korea overrode security concerns to push sweeping reforms in the country's crowded and disarrayed defence industry. Defence Minister Cheon Yong Taek proposed the revamp in talks on Tuesday with arms builders. "The revamp has been prompted by our economic difficulties," a ministry
        AFP  -  70 words
  • Page 8 Advertisements
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      161 8 IN Castle's Insight Indonesia is the first newsletter to give busy executives rapid, concise access to the Indonesian business press. By translating a selection of the best articles from Indonesia's leading business magazines and newspapers, Castle's Insight Indonesia provides access to high-caliber local business journalism otherwise off-limits to executives who
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      Page 8 Advertisements Column 2
      16 8 The Straits Tines Classttkd/Tangfia NaD Tanglin Mall, every third Saturday of the month, spm 11pm cat*.
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  • THE WORLD
    • Article
      Congress leader slams Clinton's support for 'one China' policy
      395 9  -  Lott says congress may move to adopt laws committing US to Taiwan defence Frot i Leon Hadar in Wash ington A TOP Republican congressional leader criticised President Clinton on Tuesday for reiterating US support for the "One China" policy during his
      395 words
    • Article, Illustration
      Lock icon Europe enjoying stronger growth with low inflation
      467 9 FRANKFURT Bloomberg EUROPEAN Central Bank President Wim Duisenberg said European countries are experiencing stronger growth while price pressures remain low. "Output growth has remained strong and economic growth has been increasingly driven by domestic demand," Mr Duisenberg, a former Dutch central bank president,
      Bloomberg; REUTERS  -  467 words
    • Article
      Lock icon Germany to keep 1999 budget at about this year's level
      305 9 BONN Bloomberg THE German cabinet approved plans to hold 1999 federal spending at little more than in 1998, selling state assets to compensate for less borrowing and leaving any future government little room to manoeuvre. The 1999 federal budget proposed
      Bloomberg  -  305 words
    • Article
      Lock icon US lawmakers plan to curb use of 'bailout' fund
      373 9 WASHINGTON Amendment expected to be introduced next week seen as test vote for IMF Reuters US lawmakers plan to introduce legislation next week to curb the Clinton administration's use of a special Treasury fund to cope with financial emergencies abroad, aides
      Reuters  -  373 words
    • Article, Illustration
      Lock icon Plan to tie London, Frankfurt bourses applauded
      532 9 LONDON Reuters EUROPE'S finance chiefs yesterday hailed plans by London and Frankfurt to develop a pan-European stock market, while the region's top regulator said it was likely to look into the link. Bank of England Governor Eddie George said plans by the London
      Reuters; REUTERS  -  532 words
    • Article
      Lock icon Low rates helping US expansion: analysts
      635 10 WASHINGTON Fall in borrowing costs spurs business spending; housing market gets boost Bloomberg LOW interest rates are helping to prolong a US expansion that's now in its eighth year and showing few signs of ending, analysts said. Increasing incomes and the wealth effect from
      Bloomberg  -  635 words
    • Article, Illustration
      Lock icon Nigeria's military govt dissolved
      250 10 ABUJA AFP NIGERIA'S military government has been dissolved, officials at the presidency announced yesterday, the day after the sudden death of detained opposition figure Moshood Abiola. Presidency officials said General Abdulsalam Abubakar had dissolved the ruling executive council of the military regime and would speak to
      AFP; REUTERS  -  250 words
    • Article
      Lock icon Turkmenistan and Iran reject Russia's Caspian oil share-out pact
      283 10 TEHERAN AFP IRAN and Turkmenistan joined forces yesterday to reject this week's agreement between Russia and Kazakhstan setting out a share-out of the potentially huge oil resources of the landlocked Caspian Sea. A joint statement from Iranian President Mohammad Khatami and
      AFP  -  283 words
    • Article
      Lock icon US begins probe into claims of steel-dumping
      283 10 WASHINGTON Bloomberg THE US Commerce Department has initiated an investigation into whether companies in Japan, Germany, the UK. Italy, France, Mexico, South Korea, and Taiwan have been selling steel in the US below fair market prices. The independent International Trade Commission (ITC) last
      Bloomberg  -  283 words
    • Article
      Lock icon £3.4b to clear up Britain's mad cow mess
      398 10 LONDON It will take 5 years to incinerate the meat and bone meal Reuters THE cost of clearing up Britain's mad cow crisis is set to top £3.4 billion (559.4 billion), an independent spending watchdog said yesterday. The National Audit Office also
      Reuters  -  398 words
    • Article
      Lock icon US wholesale inventories up in May as sales fall
      508 10 WASHINGTON Figures could be due to sluggish Asian demand: analysts Bloomberg INVENTORIES at US wholesalers grew more than expected in May, and sales fell for the first time in six months, a sign export-ready goods are piling in warehouses because of
      Bloomberg  -  508 words
    • Article, Illustration
      Lock icon Protests snowball as Moscow waits for IMF funds
      612 10 m Moscow Reuters RUSSIAN coalminers blocked traffic on the Trans-Siberi-an railway for a sixth day yesterday after failing to reach agreement with government officials on the rapid payment of back wages. More miners joined the protests, saying the government had not met
      Reuters; AFP  -  612 words
  • Page 9 Advertisements
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      84 9 NO RISK, l I HIGH YIELD I I INVESTMENT. I I REVIEW I monw With the region's tiger economies battling to reform and restructure, a subscription to the Far Eastern Economic Review is a sound investment. M Every week, we provide unmatched insights into the economic and political realities across
      84 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      50 9 POOHESBPRT By Garry Trudeau l 1 ™coukS, ftfrTrnvßA 1 /2w* I cuevrFOßlUHOMrrcwuu? %rzr y /j- «*>? I I IOOG'SFOK MP! NICE TKY, PAL' I MV HOUSe? PONT I NOT, HAPPEN TO KNOW THAT V-' <-V CfiMCH ARB YOU ACCEPT' 1 KIP 7 H *254£ S&TATE-! [T*i I ASPEN REAL ESTATE
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      47 10 GOLD/^PFEIL GERMANY Sale —Now till 31 st July 98 Boutiques: 1 Tanglin Rood, #01-05 Orchard Parade Hotel Singapore *****5 Tel 738 7900 435 Orchard Rood, #02-28/31 Wisma Atria Singapore *****7 Tel: 834 2191 Corner: The Pinnacle Collection, 3918 Orchard Rood #02-12 L/M, Ngee Ann City, Singapore *****4
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  • EDITORIAL & OPINION
    • Article, Illustration
      Singapore takes its sales pitch West
      782 11  -  TBB BOTTomm OPINION By Ronnie Lim The writer is BT's trade and industry editor With Asia, including Japan, in the economic doldrums, it seems it is time to Look West again That's where the Economic Development Board, which has battened down its hatches for
      782 words
    • Article
      IN OTHER WORDS
      85 11 'With cars and stereos, those things are invented somewhere else. Then they come to Japan; we redo it our own way and make it a little better and then put it out. So maybe that's what's happening in the music scene.' Tom Toeda a music manager, who
      85 words
    • Article
      Figuring KL's monetary policy
      599 11 EDITORIAL THE mixed signals that have emanated from Kuala Lumpur about monetaiy policy in recent weeks have done little to clear the uncertainties confronting the country's battered stock market, its currency and its economy. Has Malaysia changed tack after maintaining an unambiguously tight monetary stance in
      599 words
    • Article, Illustration
      Lock icon Japan's shot across US bows?
      1094 11  -  Recent essay by former Japanese PM suggests some think it's time to ask the US military to leave By. Anthony Rowley The writer is BT's Tokyo correspondent AFTER former Japanese prime minister Morihiro Hosokawa wrote an article in the journal Foreign Affairs last month calling
      FILE PHOTO  -  1,094 words
    • Article, Illustration
      Developers can't expect a free lunch
      811 11  -  MAILBOX Lee Ka Shao IT is fortunate that Finance Minister Richard Hu has turned down the proposal by the Real Estate Developers Association of Singapore (Redas) to start Real Estate Investment Trusts (Reits) in Singapore. History has documented the classic boom/bust cycle of the
      811 words
    • Article
      WHAT THE OTHERS SAY
      198 11 HE as a mature economy ONE change in Hongkong stands out above all others. The economy has started to undergo a structural transformation. The last time this happened was in the late 1970s and early 1980s, when the territory made the transition from manufacturing to service
      198 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Get your hankies out for the crying game
      938 12  -  WORLD CUP 98 The final face-off will offer all the melodrama of soap operas, says chbxsbcattszcztk CHRIS MATYSZCZYK The writer has covered the Olympics, the Premier League, the Super bowl and has caddied in a professional golf tournament. Last month he won
      REUTERS  -  938 words
    • Article, Illustration
      Lock icon It may be the rule but it's unjust
      996 12  -  By\ Shahiron Sahari SOME will call it an injustice while others will say those are the rules. The penalty shoot-out that decided the Brazil-Holland semi-final, they will argue, was not a tiebreaking solution conjured up at the last moment by the organisers.
      REUTERS  -  996 words
    • Article, Illustration
      Lock icon Sam Shepard: Beyond the writing and acting
      621 12 PROFILE A surprising documentary on notoriously publicity-shy artist NYT [NEW YORK] As a strong, silent type on the movie screen and, more important, the author of plays that are loud eruptions of anguished language, Sam Shepard has long been an odd, contradictory presence
      NYT; FILE PHOTO  -  621 words
    • Article, Illustration
      Lock icon Girard's Red Violin bags opening slot
      321 12 I TORONTO FILM FEST Historical epic tells of violin passed down 400 years of owners Reuters [TORONTO] The Red Violin, a historical epic starring Samuel L Jackson and Greta Scacchi, has been chosen to open the Toronto International Film Festival in September. The selection
      Reuters  -  321 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
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      477 words
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      Page 13 Advertisements Column 2
      117 13 I Hi 16 3E ACptUAC Coly«r Quay J SELECTED DIAN XSN DISHES j jAT $2.50 FOR LUNCH j 25% OFF i YOUR DINNER BILL*! THIS MONTH i Reservations:224-3203 *On non-function nights only 7th Floor, Overseas Union House, Collyer Quay, Singapore *****1 15 June 31 July 25% off buffet lunch dinner
      117 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      782 13 TV&RADIO Premiere 12 7-30 Soul Man Just The ep). 7,7, Three Of Us. 5.35 Maison Ikkoku. 400 K idzßUte* Goof 8,00 The Donn y Show 6 See Friday's Sched 4.30 Grimm's Fairy Tales. 8 .30 Police Academy: The 31 TfIHR 5.00 Jim Henson's Animal Series: Rring Me The Prime 12
      782 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      225 13 CRYPTIC CROSSWORD 8 9 William holds poem to PI —IH portend bad news (4,3) r I 10 Horseman captures a robber feflj flflU 11 Mindlessly repeat standard 12 Wrongly named lad close to |HV JBB JH 13 Some left at sea during gale |H ]HV ]B| not choosy where they
      225 words
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  • MOTORING
    • Article, Illustration
      Car prices poised to fall
      534 14  -  Forecasts by traders range from a 10% correction in COE prices to a crash By< Christopher Tan [SlNGAPOßE] CAR prices, especially those of luxury models, are expected to soften in the next few months in tandem with weakening COE prices. Motor traders BT spoke with
      534 words
    • BUMPER to BUMPER
      • Article
        Comfort unit joins crash-repair trade
        110 14 GENERAL Automotive Services (GAS), a wholly-owned unit of Comfort Group, has joined competitors like SBS and ST Auto in the crash-repair business. On hand is its new $25 million workshop in Loyang, which boasts among other features, 208 repair bays and 42 holding bays. There
        110 words
      • Article
        Daimler, VW push on with new purchase
        149 14 THE acquisitions continue. In a statement to BT, Volkswagen-owned Audi AG said it had signed a letter of intent to buy English motorsport company TOM'S GB of Norfolk. TOM'S is a highly-regarded developer of bodywork, chassis and suspension. It has a team of
        149 words
      • Article
        Maximum satisfaction at GM Saturn
        90 14 RESULTS of the latest sales satisfaction survey carried out by automotive consultants J D Power and Associates show that GM's Saturn network remained in the top spot. Cadillac, however, zoomed from 10th previously to clinch the No 2 position. Completing the top 10 list are
        90 words
      • Article
        BMW plant comes up tops for quality
        96 14 ANOTHER J D Power study has found that BMW's Dingolfing plant had the highest production quality in the world. According to its June 1998 report, the automotive consultancy also awarded BMW's Munich and Regensburg facilities the joint second place. In its assessment, J
        96 words
      • Article, Illustration
        Watch this space for the BMW SUV
        96 14 BMW AG has announced that it will make its new sport-activity vehicle in South Carolina and will invest another US$6OO million (Ssl billion) in the facility. The plant, in Spartanburg, currently makes the BMW Z3 roadster. When the expansion is completed in 2000,
        96 words
      • Article
        Cadillac steers towards roadster
        133 14 CADILLAC is preparing a concept roadster that may be unveiled at the Paris Motor Show in September. According to US Automotive News, the two-seater is being built with "production intent", and will herald styling themes that will appear on the next-generation DeVille, Seville and Eldorado. It
        133 words
      • Article
        LTA to hold ERP clinics on Sundays
        89 14  -  Compiled by Christopher Tan THE Land Transport Authority will hold ERP (electronic road-pricing) clinics every Sunday till Aug 30 (except Aug 9). Besides learning more about ERP, motorists can top up cashcards and print transaction statements free of charge at these sessions, which
        89 words
    • Article, Illustration
      Lock icon Made-for-Asia cars gaining acceptance in Singapore
      508 14  -  Economic slowdown contributing to the popularity of Toyota Solnna and Honda City By Christopher Tan [SINGAPORE] When it was announced in January 1997 that made-for-Asia cars would make their way here, there was much scepticism that they could do well in this sophisticated market.
      ARTHUR LEE  -  508 words
    • Article
      Lotus to decide on S'pore distributor soon
      289 14 [SINGAPORE] Lotus Cars Asia Pacific, part of Perusahaan Otomobil Nasional Bhd (Proton), is expected to decide on a Singapore distributor by next week. BT understands the board has narrowed the number of contenders down to two Ferrari agency Hong Seh Motors and Gay
      289 words
    • Article, Illustration
      Lock icon Jump in Ferraris up for sale
      491 14  -  More Rolls-Royce, Bentley and some Porsche sellers too By Christopher Tan [SINGAPORE] Ferraris the ultimate playthings of the rich and famous are appearing in the "For Sale" columns faster than you can spell Maranello. In the first week of this month, 15 of the
      FILE PHOTO  -  491 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Mid-Continent Equipment launches 18m IPO shares
      415 15  -  NEW BIDS ON THE BLOCK Oil equipment supplier's Sesdaq shares priced at 15 cents each By] Marissa Chew [SINGAPORE] Oilfield equipment and spares supplier Mid-Continent Equipment Group Ltd (MES) yesterday launched its initial public offer (IPO) with 18 million new shares at 15 cents
      415 words
    • Article
      Panpac using $10m IPO to gain foothold
      410 15  -  Publisher is undeterred by weak stock market Ry Wong Wei Kong [SINGAPORE] Sesdaq-aspi-rant Panpac Media is undeterred by poor stock market conditions because it is planning just a small IPO to get a foothold in the capital market, vice-chairman Chong Huai Seng said.
      410 words
    • Article
      Lock icon Talks with SingTel, other bidders still on, says Binariang
      223 15 Bloomberg [KUALA LUMPUR] Binariang Bhd is still in talks with Singapore Telecom and other bidders including British Telecom to sell a stake in the company, a spokeswoman said. Malaysia's second-largest cellular phone operator is still evaluating offers and no agreement has
      Bloomberg  -  223 words
    • Article
      Quick decision to allow share buy-backs needed
      668 15  -  HOCK LOCK SIEW Conrad Raj IT has been more than a year since Singapore Airlines' former chairman S Dhanabalan floated the idea of a share buyback scheme to take advantage of a weak stock market. And it's been almost nine months since the
      668 words
    • Article, Illustration
      Sunright unit ends chip-testing contract with TI
      344 15  -  Jennifer Lien [SINGAPORE] A subsidiary of mainboard-listed Sunright Ltd has dissolved a contract to test chips produced by Texas Instruments (TI). The Sunright subsidiary. KES Rood Technology, was in the first year of its chip-test-ing contract with TI when the agreement was dissolved
      344 words
    • Article
      Venture major shareholder sells more shares
      416 15  -  Latest transactions trim Metchem stake to 29.2% from 30.3% By Jennifer Lien [SINGAPORE] Venture Manufacturing's major shareholder, Metchem Engineering SA, which has been selling some of its shares over the last few weeks, sold another 1.79 million shares last week, the company said yesterday.
      416 words
    • REGIONAL COMPANIES
      • Article, Illustration
        PhileoAllied buys 39% stake in Brunei broker
        250 16  -  Group also expected to bail out of PhileoLand after share disposal FYom Eddie Toh in Kuala Lumpur PHILEOALLIED group controlled by top deal maker Tong Kooi Ong has bought a 39 per cent stake in Baiduri Securities, owned by the royal family of
        250 words
      • Article
        Lock icon BHP will sell Orbital stake only to suitable buyer
        399 16 Bloomberg [MELBOURNE] Broken Hill Proprietary Co, Australia's largest resources company, said yesterday it may sell its 25 per cent stake in Orbital Engine Corp only if a suitable buyer can be found. The company's investment in Orbital "obviously falls into the
        Bloomberg  -  399 words
      • Article, Illustration
        Lock icon Cojuangco pledges to improve SMC's bottomline
        381 16  -  New chief plans to sell non-performing assets, cut costs From Al Labita in Manila EDUARDO Cojuangco, the newly-installed San Miguel Corp (SMC) chairman, yesterday promised to improve the conglomerate's bottomline, which had been eroded by his predecessor's costly overseas expansion binges. "My initial priority
        REUTERS  -  381 words
      • Article
        Lock icon Queensland's Energex wins battle for Allgas with A$250m bid
        441 16 State-owned firm now holds two-thirds of gas utility Bloomberg [BRISBANE) Queensland state-owned utility Energex captured Allgas Energy after buying more than half the company's shares yesterday to end a brief, fierce threeway battle for control. Energex's As2so million (***** million) bid
        Bloomberg  -  441 words
      • Article
        Lock icon Cheung Kong upbeat on cruise terminal project
        170 16 Reuters [HONGKONG] Cheung Kong (Holdings) Ltd said yesterday its proposal Jp build a criiise terminal in Hongkong received initial support and the company is carrying out detailed studies of the project. "We have applied (to the government) and initially we see support from
        Reuters  -  170 words
      • Article, Illustration
        Lock icon M'sia, Aussie market regulators draw up plan for cooperation
        239 16 Move will better protect investors, expand ties AFP [KUALA LUMPUR) Malaysia's Securities Commission said yesterday that it would jointly establish a framework for assistance and mutual cooperation with the Australian Securities and Investments Commission. The commission said the two parties had
        AFP  -  239 words
      • COMPANY Briefs
        • Article
          SALE to lease planes to Iberia
          75 16 [SINGAPORE] Singapore Aircraft Leasing Enterprise (SALE) has signed a five-year lease with European airline Iberia for two new A 320-200 aircraft. SALE will lease the planes to Iberia in May and September 1999 immediately after taking delivery from Airbus Industrie's Toulouse plant. The two
          75 words
        • Article
          Clipsal to take stake in China firm
          103 16 [SINGAPORE] Electrical switch-maker Clipsal Industries Holdings will take an effective 65.56 per cent stake in a company in China that makes industrial control gear products with the Clipsal brand. The company said the Huizhou-based company. Clipsal Lovato Controlgear China (CLCC), will have a
          103 words
        • Article
          LTC's 2nd handphone system in China
          70 16 [SINGAPORE] Lion Teck Chiang (LTC) has launched its second handphone system in Guiyang city, China. It said it has invested $19 million in the 22,000 subscriber-capacity joint venture to-date. The group has invested in four China telecommunications projects to-date, with total estimated project costs
          70 words
        • Article
          Lock icon Metro Pacific not buying bank stake
          122 16 AFX-Asia [MANILA] Metro Pacific Corp said yesterday it had no plan to acquire the government's 45 per cent interest in Philippine National Bank. In an advisory to the Philippine Stock Exchange, the company said it "presently has no plan to acquire the government's stake
          AFX-Asia  -  122 words
        • Article
          Lock icon China Foods buys into winery
          77 16 Bloomberg [HONGKONG] China Foods Holdings Ltd, controlled by one of China's largest trading companies, said it will pay HK5121.9 million (5526.7 million) for a 25 per cent stake in a winery from its mainland parent. Managing director Ma Lishan said China Foods will buy the
          Bloomberg  -  77 words
        • Article
          Lock icon Tomen in Indon furniture venture
          113 16 AFP [TOKYO] Japan's trading house Tomen Corp said yesterday it has set up a joint venture in Indonesia to make wooden furniture. Tomen and Japanese furniture maker Daiken created PT Daiken Indonesia with a capital of US$l.7 million (552.9 million). The new firm would build
          AFP  -  113 words
      • Article, Illustration
        Lock icon Brokers urge India govt to allow buybacks
        425 16 Share buybacks will boost market sentiment, they say AFP [BOMBAY) India should allow companies to buy back shares from the market to boost sentiment on the country's ailing bourses, stock brokers based in the country's financial heart said yesterday. "We have been demanding
        AFP; FILE PHOTO  -  425 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Motorola 2nd-qtr earnings plunge as chip sales decline
        568 17 Asian crisis also cited as USsl.9Bb charge results in USsl.3b loss, its first in 13 years Bloomberg [SCHAUMBURG, Illinois] Motorola Inc, the world's top maker of cellular phones, said second-quarter earnings plunged, hurt by slumping sales of semiconductors and mobile phones in
        Bloomberg  -  568 words
      • Article, Illustration
        Lock icon US Net stocks dive after weeks of high flying
        310 17 Investors realising valuations have far exceeded bid levels Bloomberg [SANTA CLARA, California] Yahoo! Inc, Amazon.com Inc and other high-flying Internet stocks fell amid investor concern that their shares are too expensive after a weekslong surge that pushed Lycos Inc and others
        Bloomberg; Source: Bloomberg  -  310 words
      • Article
        Lock icon KLM buying back govt-held shares
        312 17 Long-awaited deal valnedat 1-L2b guilders Reuters [AMSTERDAM] Dutch flag carrier KLM said on Tuesday it was buying back the government's entire remaining ordinary stockholding in a transaction valued at some 1 billion (SsB29 million) to 1.2 billion guilders. The long-awaited deal, which also includes the
        Reuters  -  312 words
      • Article
        Lock icon EC clears MCI-WorldCom merger
        369 17 Bat MCI mast sell off Internet business; EC may pick trustee to oversee sale Reuters (BRUSSELS] The European Commission said yesterday that it had cleared the merger between MCI Communications and World Com on condition that MCI sell off its Internet businesses. The European Union executive
        Reuters  -  369 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon US govt to launch new inflation-indexed bonds
        533 18 New bonds aimed at offering inflation protection to small investors NYT [WASHINGTON] The Clinton administration was to unveil yesterday a new type of government savings bond whose return will rise and fall with inflation, to protect investors' gains as well as to help
        NYT; FILE PHOTO  -  533 words
      • Article
        Lock icon ABN Amro to buy Brazil bank in US$3b record deal
        285 18 AFP Reuters [AMSTERDAM] The biggest bank in the Netherlands, ABN Amro, yesterday an*.trounced that it is to buy Braail's Banco Real. $>' The total cost o? ABN Amro's acquisition, including buying remaining outstanding shares, will "head towards" US$3 billion (Sss.l
        AFP; Reuters  -  285 words
      • Article
        Lock icon Chase sells lb marks of credit-card bonds
        326 18 Bank cuts lending costs via foreign swap markets Bloomberg [NEW YORK] A Chase Manhattan Corp unit sold one billion deutschemarks (*****.3 million) of bonds backed by US credit card payments, shaving its borrowing costs by going overseas and using the swaps market, bank
        Bloomberg  -  326 words
      • Article, Illustration
        Lock icon Merrill opens Tokyo unit
        61 18 [TOKYO] Merrill Lynch chairman and CEO David Komansky (right) and Merrill Lynch International chairman Winthrop Smith, Jr, at the opening ceremony of Merrill Lynch Japan Securities Co Ltd in Tokyo yesterday. Merrill Lynch Japan Securities, retail unit of the US brokerage giant, launched its first branch
        REUTERS  -  61 words
      • Article
        Lock icon China to launch 5 more mutual funds
        231 18 AFP [SHANGHAI] China has decided to approve the launch of five more mutual funds in the second half of the year, reports said yesterday. The China Securities Regulatory Commission (CSRC) is working to ensure the funds are up and running as soon as
        AFP  -  231 words
      • Article
        Lock icon Healthy Korean banks post strong gains
        237 18 Profit growth dne to bigger deposit and loan margins AFX-Asia [SEOUL) Healthy banks are posting net profits of up to seven times the levels of a year earlier as South Korea restructures its banking sector, sources said. Koram Bank earned a 144 billion won
        AFX-Asia  -  237 words
      • Article
        Lock icon Euroyen softer after Hashimoto speech
        265 18 STMTTX Report Reuters [SINGAPORE] Simex Euroyen futures kept a soft footing yesterday as Japanese Prime Minister Ryutaro Hashimoto continued to disappoint and keep the market guessing on the prospects of a permanent tax cut. Mr Hashimoto said yesterday he wanted permanent tax reform to include
        Reuters  -  265 words
      • Article
        Futures surge in line with stock index
        178 18  -  MSCX TAIWAN FUTURES Cecilia Loh Cecilia Loh, service deal er, Refco Singapore [SINGAPORE] The Simex MSCI Taiwan Index futures surged 3.10 points, in line with the stock index which jumped to its highest in five weeks. Compal Electronics Inc and other personal computer
        178 words
      • Article
        Lock icon Oil prices up on turmoil in Nigeria
        204 18 ENERGY REPORT Reuters [LONDONJ Sickly oil markets drew unexpected strength yesterday from Nigerian political turmoil aided by mildly supportive shifts in US inventories. But a fresh pledge by cartel number two exporter Iran to implement production cuts appeared to leave traders unmoved. Benchmark
        Reuters  -  204 words
      • Article
        Lock icon CURRENCY REPORT
        253 18 AFP Reuters London THE dollar gained ground against the yen as the market worried about Japan's fragile economy after Japanese Prime Minister Ryutaro Hashimoto failed to promise sweeping and permanent tax cuts. Mr Hashimoto, speaking at a news conference earlier, said he wanted permanent tax reforms to include
        AFP; Reuters  -  253 words
      • Article, Illustration
        Untitled
        1297 18 INTERBANK CROSS RATES Jul 8 > AS CS Bwfc ECU Ffr Dw HKS tod Bs IhpMi Von Won BH HZ$ Pafc Bs Peso S$ Bawd Sfr HT$ Bafct Powd US$ Australia 0.914 6.178 0 569 3.774 L126 <806 26.393 92.432 0.863 8.268 2.583 1.194 28J52 25.726 1.052 1840 0.948 21.315
        1,297 words
    • Article
      COMMODITY PRICES
      1840 19 SICOM I'UTUKES Jul s RUBBER (futures dosing *s it 5.30pm) RSS 1 CONTRACTU cwtsAg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 98 119.00 119.00 120.25 25 290 Sep 90 121.50 340 Oct 98 122.75 1450 Nov 98 124.25 1450 Doc 98 125.75 1450 Jan/Mar 99
      1,840 words
    • Article
      WORLD STOCK MARKETS
      2334 19 LONDON inOHSTrNNS ■nil* Pence *h 31 Group 603.000 -3.000 AB Ports 325.000 4.000 Abbey National 1032.000 -25.000 Allied Domecq 560.000 unch Am« 173.000 unch Asda Group 203.600 -5.400 BAT Ind 647.000 13.000 BC PIC 372.400 -5.800 BICC 139.400 2.400 BOC Group 835.400 -10.600 BR Petroleum 882.000 -7.400
      2,334 words
    • Article
      Lock icon TOKYO
      1625 19 Bloomberg Q Nikkei 225 +***** JAPAN'S benchmark stock index rose for the 10th time in 11 sessions, led by real estate developers such as Mitsubishi Estate Co, on expectations the government will announce before this weekend's upper-house election that it plans to cut income taxes. Liberal Democratic Party deputy
      Bloomberg  -  1,625 words
    • Article, Illustration
      Lock icon HONGKONG
      1502 20 Reuters QHangSeng +185 STOCKS posted their biggest gains in almost a week, as a firmer Japanese yen drove local interest rates lower, boosting banks and developers. The benchmark 33-stock Hang Seng Index rose 185 to 8,629.18, ending a three-day slide. Trading climbed to HK$3.5 billion but was still only
      Reuters  -  1,502 words
    • Article, Illustration
      Lock icon CHINA
      620 20 Reuters f j Shenzhen B Index -0.08 SHENZHEN'S hard currency B Share Index erased morning gains to end lower yesterday, as doubts over regional markets ended a brief bargainhunting spree, analysts said. The B Index inched down 0.08 point to 79.80 on turnover of HK$B.B million. Selling emerged as
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  620 words
    • Article
      Lock icon TAIPEI
      369 20 AFP □WPlndex *90.85 TAIWAN share prices moved up yesterday on selective buying of issues showing positive corporate results, dealers said. The Weighted Price Index rose 90.85 points to 7,936.82, following a 0.6 per cent drop in the previous session. "Companies which performed well in June and in the first
      AFP  -  369 words
    • Article, Illustration
      Lock icon JAKARTA
      735 20 AFP Q Composite Index -1(197 SHARES closed down yesterday on profit-taking following strong gains in the market for six consecutive sessions, dealers said. "It is all profit-taking. Look at the economy, look at the political situation at the moment. You cannot have an index close to 500," a dealer
      AFP  -  735 words
    • Article, Illustration
      Lock icon BANGKOK
      777 20 AFP fi SET Index +115 THAI shares closed higher yesterday in very quiet trade centred on blue-chip banking and energy stocks, analysts said. They said trade was subdued ahead of a market holiday today and in the absence of local leads. "The only thing to note really is that
      AFP  -  777 words
    • Article
      Lock icon MANILA
      315 20 AFP n Manila -2L82 PHILIPPINE share prices closed lower in a volatile market yesterday as investors awaited Japan's decision to implement tax cuts to lift its economy. The Philippine Stock Exchange Composite Index fell 2.82 points to 1,857.50. Total shares traded reached 501.7 million valued at 728.34 million pesos.
      AFP  -  315 words
    • Article
      Lock icon SEOUL
      416 20 AFP Fi Composite Indei +L 29 SOUTH Korean stocks edged up yesterday boosted by the easing of money market rates and the firmer foreign exchange market, dealers said. "Many investors were on the sidelines amid lingering concerns over corporate restructuring although falling interest rates are seen improving the market
      AFP  -  416 words
    • Article
      Lock icon SYDNEY
      579 20 AFP fl All Ordinaries +4.8 AUSTRALIAN share prices rose yesterday in what brokers said was directionless trade. The All Ordinaries Index gained 4.8 points to 2,774.1. The All Resources Index added 6.5 points to 1,079.7 while the All Industrials Index was up 3.5 points to 4,873.2. National turnover totalled
      AFP  -  579 words
    • Article
      Lock icon WELLINGTON
      257 20 AFP I*l Wellington +2L46 STOCKS closed up yesterday as interest rates fell to fouryear lows. "Movements in the interest rate market and the currency gave the market a green light to proceed higher," an analyst said. The NZSE-40 Index gained 21.46 to 2.088.99. Turnover was NZ$B4.9 million. —AFP Ml
      AFP  -  257 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8430 21 INDUSTRIALS ConsaiMf products 1998 Lot Vol Day Net Cap Low Cimhhv SlU •OOP Lew Pit Smtl 310 180 Ajinomoto 218 12.0 88.4 148 55 Anqkasa 55.5 -1.5 30 56 55 1.3 81.8 290 123 Apollo Food Hlq 143 4.2 57.2 388 190 Berjaya Land 216 -6 54 220 210 12.5
        8,430 words
      • Article, Illustration
        Shares lower amid recession fears
        406 21 Q Composite Index -12-27 MALAYSIAN share prices closed lower in thin trading yesterday with sentiment undermined by the weaker Malaysian ringgit amid rising fears of a recession, dealers said. "The market is just moving in sympathy with the ringgit. "With volumes so thin, the market
        406 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3418 22 BONOS, LOANS k WARRANTS 8 Lait Vol Day Last Ouota Avg High Law Stno Company Jala *or- COOO) High Law Buyar Sallar Prtea 23.5 9 m 3000 m AMDB c5-5«rf)?0?l* 7n I I I I 9 12.5 I 20-5 5 3160 Acar W*****I USS 6 uoch 5 6 6 5
        3,418 words
      • Article
        FACB wrt: firm's outlook a worry
        184 22  -  WARRANT WATCH By: Louis Beckerling THE warrants of diversified property developer FACB Bhd were among the day's top gainers yesterday, adding 1.5 cents to 11 cents on volume of 3,000. Add a strike price of 49.5 cents and the warrant is trading at an
        184 words
    • Article
      CLOB INTERNATIONAL
      2270 22 Transaction date Jul 8 MALAYSIAN STOCKS Or Qr l99a w Ow LartOuota Dtv D*v YM N«t M Cap wl<t> Lo Stno Company Sa>a COOP) High Law Buyar S—r C'yr P/t $mk 135 28 m s 5000 AIS8 50c 46 -15 58 47 45.5 45.5 46.5 5.0 3.3 2.2
      2,270 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6647 23 Transaction date: Jul 8 Cf Or M Wt ,9a Last Vol Day Ult Ouote Ot* Dlv VW Net Cap Avg Law S«Wo Company Sal* COOP) High Low Buytr Salter C »r P/E Smll Price INDUSTRIALS 43 13 e 1020 ACE Dynamics20c... 14.5 14 14.5
      6,647 words
    • Article
      SESDAQ
      1270 23 J 998 u Vo« Day Last Ouota Dlv Dlv YM Nat Cap A*g stNo Company Sala COOO) High Low Buyer Seller C'ot P/E $mll Price 134 50 0 2000 ABR Hldgs 5c 60 80 39 0 79 243 65 a 2049 AS Auto 10c 68 5 -0.5 103 70
      1,270 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        223 24 Sticks Volume •MBF Land Bhd 8,005,000 *M Resources 3,308,000 *RHB Cap Bttd 3,273,000 *RHB Cap Wt99 3.070,000 •MBf Capital 3,048,000 DBS Land 2,834.000 JSH US5c 500 2,342,000 TAC BtlO 200 2,275.000 •Renoog Bhd 50c 2,057,000 •Pub Bk Foreign 1,991,000 Stacks SPH 19,922,710 DBS Foreiqn 12,052.677 City Dev 50c 8,215,271 UOB
        223 words
      • Article, Illustration
        HOT STOCK
        72 24  -  -by' Ven Sreenivasan THE stock of ST Engineering has jumped to life in recent weeks and closed two cents up at $1.24 yesterday on a volume of 1.3 million shares traded. The counter has strong near-term support at the $1.20 level but faces resistance at around $1 30.
        72 words
      • Article, Illustration
        Shares end flat as investors weigh impact of a recession
        624 24  -  STOCK MARKET COMMENTARY Firmer regional currencies provide some support; traders report signs of US, European funds trickling in Ven Sreenivasan [SINGAPORE] Shares were flat in a lacklustre trading session as investors evaluated the impact of a possible recession next year
        624 words
      • ON THE GRAPEVINE
        • Article
          Just browsing, thanks
          108 24 IF there was any doubt to begin with, the Ngiam brothers of IPC Corp still have their convoy of super-luxury cars, and according to a Ferrari salesman, the brothers are "still doing okay". "In fact, I'm trying to sell one of them a new car," he said.
          108 words
        • Article
          Chicken and bug scenario
          86 24 WHILE many Malaysian companies are scrambling to ensure that their computers will work properly at the turn of the century, listed chicken farmer Leong Hup Holdings appears immune to the millennium bug. "The company and the group do not operate in a computerised environment. The operations
          86 words
        • Article
          What an insight
          57 24 DONT we all love the delightful things management consultancies sometimes say. Take this little gem: "Leading management consultants xxxxxxx (it shall remain unnamed here) have observed two trends in relation to risk management that have emerged from the current economic crisis companies are now either taking any
          57 words
        • Article
          Making capitalist inroads
          85 24 RUSSIAN news agency Interfax has opened a sales and marketing office in Hongkong, another sign of how capitalist the former communist power has become. Interfax News Agency says it will provide companies in Asia with a variety of news and research products. The customers would have access
          85 words
        • Article
          Acting out the market
          148 24 THE Hongkong Securities Futures Commission is stepping up its efforts to educate investors in the wake of the high-profiled collapses of Peregrine, CA Pacific and Ming Fung groups, and the angry street demonstrations by unhappy investors. The SFC yesterday said it will air a new radio
          148 words
        • Article
          No eggs, please
          106 24 STILL on the SFC's latest radio show. We wonder if the series will include one episode on what not to do when you lose money and your broker goes bust. During the months of the brokerage collapses, many clients have demonstrated angrily in front of the stock
          106 words
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      Page 15 Advertisements Column 1
      111 15 f i Y -i I <891^^ I 4 wot '^JbS JPT J ;ff; 7 M MMhJ g* vnBK J Hr J U ]l ■.J JH. 1 —i 1 iyg A L IPZOOM rTTJvM Boss Design International Pte Ltd Showroom Showroom Head Office: 1 34 Joo Seng Road 2 Jurong East
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      97 17 -0% "> y I I*W r z *2L jffi' Alpha Number Service .Fw ~1 V y'- ',r I- j&V I I bm J fJK I \i Y should be m IF > f w i l'" jf H' fy I!.' i" l 1 my% 8 I f <j I i
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      Page 20 Advertisements Column 1
      77 20 Hello? I'm calling about S v Si, m S a PP^ your advertisement in great...just like n xt t The Straits Times Classified... 1 1 the ad J I The Straits Times Classified. I you still have the puppy... J described. J \I m going to take real goodV jPTI.
      77 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      82 22 calling /See...l tolcT\ /llie card we're^X I the computer I you this was a making for Susan 1 advertised in J deal. Yup, we got what V is going to be J Straits Times/ f 1 f we wanted because real nice! /^^^^Classified:<^_ lt J 1 of the wide choice
      82 words
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      Page 23 Advertisements Column 1
      92 23 0 LEICA Fascination and' precision /JtjSp Get instant dividends with Leica/ flB You can get incredible photographic opportunities with Leica's minilux, Z2X or the mini 3 models. Compact, lightweight cameras that deliver heavyweight pictures. mini 3 minilux 22X Am tab* at aultonsed LEICA Dealers /''j_- x Ytsl please provide me
      92 words
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      Page 24 Advertisements Column 1
      515 24 BUSINESS Notices SAM TAT ENTERPRISES PTE LTD (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES The undermentioned Ordinary Share Certificates have been reported lost, mislaid or destroyed:No. of Shares Name Certificate Nos. of $1/- each Chen Chee Shing 1. 3.5.74 9 5x***** do 11. 15 17 3x50.000 -*>- 13.
      515 words
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      Page 24 Advertisements Column 2
      667 24 In the Matter of the Companies Act, Cap. 5A And In the Matter of Greater Asian Development Corporation Pte I Id "^SBaassr 1119 I. PRADEEP KUMAR THATAI. of "Tittle Accoms". Bereslord Drive. Bromlev BR I 2DU United Kingdom. Passport No. *****9H9H make oath and say as follows 1. lam a
      667 words
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      Page 24 Advertisements Column 3
      511 24 To advertise call toll-free 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 F&K DELVOTEC BONDTECHNIK SINGAPORE PTE LTD MEMBERS VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 30 June 1998. the following resolutions were duly passed 1. SPECIAL RESOLUTION WINDING-UP
      511 words
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      Page 24 Advertisements Column 4
      324 24 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINDING UP NO: 92 OF 1996 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF LOY CHIN ASSOCIATES PTE LTD (IN LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which was
      324 words
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      Page 24 Advertisements Column 5
      88 24 linlr H —mmmmk *ißSfc VHP "v*. f Mf^ v < iL* and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary,
      88 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      298 25 Bridge News LATE trading was quiet with little to report in the way of fixtures. However, there appears to be some activity in the grain trades with talk of several cargoes being worked. In the Panamaxes, brokers said the rate Korea Line agreed for the 74,500-deadweight-tonne Filippo Lembo
      Bridge News  -  298 words
    • Article
      MARITIME STOCKS
      287 25 *5 '000 wl ss w CWT Distribution 0.41 -0.02 2 ChuanHup 0.36 unch 13 Cosco invastmant 0.50 inch 13 FraigMUnfa 0.19 unch 21 GB Holding* 0.20 HjHSonHup 0.39 unch 32 Hitachi Zosan 0.56 -o 01 4 IMC HoMtags HK 5.60 JayaHaidings unch 10 Jwong Shipyard 8.15 -0.15 176
      287 words
    • Article
      Manila may allow foreign vessels in domestic shipping
      458 25  -  But govt move expected to meet with opposition from local shipowners From Alec Almazan in Manila THE Philippines may ease its strict cabotage laws to encourage competition in the domestic shipping industry. Newly appointed Department of Transportation and Communication (DOTC) secretary Vicente
      458 words
    • Article, Illustration
      TT Club chairman finds Asia a most interesting region to work in
      678 25  -  SHIPSHAPE i— By. Marcus Hand IN his five years as chairman of Through Transport Mutual Services (TT Club) (Asia Pacific) based in Hongkong, Sam Ignarski has become a well-known personality in the Asian shipping scene. A colourful, and
      678 words
    • Article, Illustration
      Lock icon Anyone lost a ship recently?
      88 25 [BOMBAY] Run aground off the coast in Vasai, 70km north of Bombay, the Meng Kiat, formerly owned by Singapore-based Meng Horng Shipping, which went bankrupt in the second half of last year, has drawn large crowds of onlookers over the last few days. A local
      REUTERS  -  88 words
    • Article
      Lock icon Plan for Chittagong box terminal criticised
      325 25 Reuters [CHITTAGONG, Bangladesh] A plan to allow an American company to build Bangladesh's first container terminal at Chittagong port is drawing fire from dock workers, who say it might jeopardise the country's security. "This will jeopardise not only the country's business interests but its
      Reuters  -  325 words
    • Article, Illustration
      Lock icon Can US rely on satellites?
      1073 26 AXR NAVIGATION FAA wants a satellite-based GPS to replace its aging network of radio beacons and radars, but this has drawbacks NYT THE US Federal Aviation Administration is trying to replace its aging nationwide network of radio beacons and other navigation aids with a satellite-based
      NYT  -  1,073 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      248 26 PACE Danvaron 4 ACL 9 Disk Lloyd 9 ANL 3 Dongnama 3 I Accord 8 ECL 5 Appanship 5 Eurohans 6 Astro 3 Evergreen 6 Austral 9 FoongSun 8 BSA 7 C Link 4 Batamindo 7 Gemartrans 8 Bayswater 6 Genshpg 9 B'tang
      248 words
    • Article
      SHIPPING GUIDE
      27285 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Vovaqe Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number A»/01 06/06 Hyundai MM NOL AMBER 303W 65-*****44 19/07 06/06 Saferoute NOl AMBER 303W 65-*****22 To ABIDJAN (ABJ) 2003 21/07 15/00
      27,285 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        782 39 Voy No Berth Arrival Departure *****4 Jeree1 'SI ikxvjixM 09.07/0800 •I Saflna* i JULY I J01 alongside MOT/WOO It Umt Ratal 0107ft J01 I tongs k>« 06.07/1300 It Sum J OK)714 J01 alongside 04.07/1200 Bt Sur II 0)0744 J01 alongside 04 07/0)00 Bt Suriati 4 *****4 JO) alongside
        782 words
      • Article
        CONTAINER SCHEDULES
        1795 39 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booklng/Bilinci Rstls Ship Voy No Etb/Btr Period From To From tiKu um «/i»o u ovsm oi/rni ovnoo ii ovmm ovmm ovmm 24 04/1700 01/045* M/OWO 21 00/17M 01/0451 OVOWO 01/0700 M/TlM OVMM 4 01/1200 01/1451 01/1700 /M—CH 2 MMO M
        1,795 words
      • Article
        GLOBAL HOLIDAYS
        185 39 Jul®. Thailand: Asanha Bucha. JullO Thailand: Khao Phansa Day. Jul 13 United Kingdom: Orangeman's Day Holiday (N Ireland). Jul 14. France: National Day. JullO Brunei: HM The Sultan's Birthday. Jul 17. South Korea: Constitution Day. Jul 20. Japan: Marine Day. Jul 21 Belgium: Independence Day. Aug L Switzerland:
        185 words
      • Article
        COCKETT BUNKER MARKET REPORT
        1015 39 THIS report compiled by Cockett Marine 0U Ltd. thow* price ranges In US dollar* Inttead of tingle price* for a more comprehenalve description at the market Price* *hown are based on average-aUed item Market movement* are indicated The Cockett Bunker Price Index change and the lndl
        1,015 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        444 39 Carbon ISO Mo 994.5 0.5 17.1 0.09 84 0.05 Jul (tensity Heter Rtsltut Ash Akininiun Sedlwent No ebove E25 4 0 10 0 1 0 rsr 380 Ave 986.7 02 16.4 0.06 29 0.03 Emm 380 Mei 992.8 0.9' 19.1 0.11 58 0.07 Ht/M'l V/V H
        444 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Delays continue at Hongkong airport
        571 40 Criticism intensifies as Chek Lap Kok struggles to fix computer bugs on 3rd day of operation Reuters [HONGKONG] Hongkong's wholesalers clamoured yesterday for compensation and newspapers demanded top officials resign as staff at the city's lavish new airport struggled to fix computer bugs and a
        Reuters; AFP  -  571 words
      • Article
        Lock icon Fedex sees potential for growth in Vietnam
        244 40 Reuters [HANOI] US transport firm Federal Express Corp sees potential for business growth in Vietnam and remains committed to the country, a company representative said. Binh Nguyen, Fedex's senior manager, Indochina and chief representative for Vietnam, said conditions for the company's growth across
        Reuters  -  244 words
      • Article, Illustration
        Lock icon Jet Airways forced to ground 3 aircraft leased from MAS
        386 40  -  India's new aviation policy forbids firms from leasing aircraft from foreign airlines From Rajendra Bajpai in New Delhi INDIA'S new aviation policy, aimed at protecting the corporate identity and integrity of domestic airlines, has forced Jet Airways, the second largest
        FILE PHOTO  -  386 words
      • Article
        Lock icon GM's adoption of just-in-time inventory system leaves it vulnerable to strikes
        522 40 LAT [DETROIT] The strikes crippling General Motors Corp highlight how its adoption of efficient manufacturing techniques pioneered by the Japanese is leaving the automaker more vulnerable to union pressures. Like nearly every major automaker in the world. GM uses
        LAT  -  522 words
      • Article
        Lock icon New Hainan airport to be completed by year-end
        142 40 Bernama-Xinhua [HAIKOU] Construction of the Meilan International Airport in Haikou of China's southernmost island province Hainan, is proceeding smoothly and the facility will be completed by the end of this year at a total cost of 2.3 billion yuan (*****.5 million). Projects
        Bernama-Xinhua  -  142 words
      • Article
        Lock icon EU aiming for competition on air routes
        354 40 Reuters [LISBON] The European Commission, which is considering two key transatlantic air pacts, is determined to promote competition on air routes, EU competition chief Karel van Miert said. The Commission was set to give its verdict on a deal between British Airways and
        Reuters  -  354 words
      • LOG Book
        • Article
          Lock icon Delta files to sell US$1.5b of securities
          92 40 Bloomberg [WASHINGTON] Delta Air Lines Inc filed with the Securities and Exchange Commission to sell up to US$l.5 billion (552.5 billion) of debt securities and pass-through certificates. The Atlanta-based airline will use the money raised to repay debt, repurchase common stock, pursue acquisitions,
          Bloomberg  -  92 words
        • Article
          Lock icon Travel chaos at Madrid airport
          96 40 AFP [MADRID) Travel chaos at Madrid airport that in recent weeks has entailed numerous delayed and cancelled flights and held-up baggage is set to continue, authorities warned. Spain's Minister of Development Rafael Arias Salgado has described the airport as living in a "permanent state of
          AFP  -  96 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1869 40 CITY FLIGHT ETA FLIGHT ETD Of06 1845 -S026 2350 Adelaide 8*7381 1930 BA7382 2055 LH6373 2350 0F81 T930 0F82 2055 $026 2350 S0229 2220 LH779 2359 Amsterdam KL843 0450 KL838 2300 *****4 2359 KL837 1455 S024 2330 F ***** 1710 S0990 0105 Athens S0347 0620 $0348
        1,869 words
  • Page 25 Advertisements
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      30 25 Air navigation: Can US rely on satellites? FAA wants a satellite-based GPS to replace its aging network but this has drawbacks. Pag© 2 ♦Fixtnres and timecharter were net available yesterday
      30 words
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      Page 25 Advertisements Column 2
      58 25 Delays continue at new Hongkong airport Criticism intensifies as Chek Lap Kok struggles to fix computer bugs on 3rd day of operation. Back Page i yv LA I Sailing Schedules, to Asia More. j Any destination, any time. 24 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000.
      58 words
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      692 26 HHHH SUPER SHUTTLE EXPRESS P 11 |QULF KARACHI EXPRESS (OKX) XI, I VOT |JU|MM|MM MO KAI |CM PK6 |SM OOCI CALIFORNIA 20W525 24/06 12/07 OOCL HONGKONG 24W524 01/07 If/07 NYK VIRGO 09f 24/0* 24/04 24/04 21/04 03/07 07/07 11/07 12/07 HIS!. 7 M/ 07 WONfDUOYD DAMMAM 2« 01/07 03/07 03/07
      692 words
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      Page 26 Advertisements Column 2
      88 26 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Hona Kono 1 All China Port* (EVERY THUR A SUN VE»»EU Vtsstl VOY {TP SIN ETATYO ETA KOi ETA YOK ETA WGO ETAOSA HOI DIAMOND V *****
      88 words
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      Page 26 Advertisements Column 3
      703 26 Lines services by o'the Reg,stryo» g^\ Accrea tea Snipping Agents, Association Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO ACCEPTING ON DIRECT SAILING TO MALE ETA(SIN'G) ETA(MALE) MA' Princess Lily V 0298 IS/07/98 25/07/98 M/V Princess Lily V 0398 08/08/98 15/08/98 LILY MARINE SERVICES SINGAPORE Phone 334 7266/*****46 Fan *****66 Send out 48,000
      703 words
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      Page 27 Advertisements Column 1
      1063 27 SAX SERVICE (DIRECT) VESSfI VOY 1 SWETA LAX OAK DAI HOM 08 COi MEM An. NYC Aft SARDONYX 0041 1 07/07 23/07 27/07 27/07 28/07 27/07 28/07 28/07 29/07 29/07 AftTOURMAUNE 0181 15/07 30/07 03/08 03/08 04/08 03/01 04/08 04/08 05/08 05/08 AftIADE 0041 22/07 06/08 10/08 10/08 11/08 10/08
      1,063 words
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      Page 27 Advertisements Column 2
      1987 27 I (p) HANJIN SHIPPING HANJIN SHIPPING (S) PTE ITO hup //mm Hon»ifi com IOOKIHC 32M73S 237 SAtES *****74 231 774 OfttATKM *****41 252 MAIN UNE *****55 FAX 7779W0 CI NO **********0 M TO NW USA CANADA USA CANADA* fnvsi/voy MM sm im haui/voy 5T~| TTw MN pox Hoi r~isp m
      1,987 words
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      Page 27 Advertisements Column 3
      521 27 mumMnnmffifimii«■— ATID s 1 v c s VESSEL YOY_ SIN PKG VOT SIN HKG KEL DSN PUS VOf PKG IvtSSfl [VQ^n^TjrT KMTC HONGKONC 804S 02/00 04/00 804N 05/0S 09/00 11/00 IyMH/OO IMAI W 1 M I BWS 19'07 KMTC KEELUNG BOSS OS/07 07/07 OOSN 00/07 12/07 14/07 It/07 17/07 KMTC
      521 words
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      Page 28 Advertisements Column 1
      1205 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN/CANADA *21 _SW LEW HTM WR HW MV FU VESSEL VO* "siT" JIO GIT SB FOS W.C MTR WQCI 1,07 31 n »D 7 31 07 02M JAPAN SENATOR WMO3I 11 07 22 07 20 07 30 07 01 0* UN 1000 HAliZyinlirK.ru 17
      1,205 words
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      Page 28 Advertisements Column 2
      1152 28 MY Internet Web Site http: //www.yml.comtw jfc *j VESS£L *0* LEH FXT HAM ANN HFA SIM GIBRALTAR BR AB2IE SLD SLD SLD SLD SLD 14f17 ssssr s t° n sld sld sl oS 21^7 MING MOON AB23E SLO SLO SLD SLD 14/H7 9R/H7 DOVER BRIDGE M» (So, ,T#7 ,w° IS!
      1,152 words
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      Page 28 Advertisements Column 3
      447 28 LINE TCLi *****56 FAXt *****12 MUARA 1 LABUAN vissa vor no iu vissa vor rro eta SPORE MUARA STORf UN *mowtr vm/w 04/07 12/07 glory viti/w 09/07 u/o; LFROS«R Vl*/* 14/07 17/07 l»OSfa VIK/9I 14/07 11/07 AfttOOtY VIU/9J 11/07 21/07 AfttGUBY VIK/N 11/07 22/07 ATRtGURY Vl*/* 24/07 21/07 AJWIGUtY VI9C/00
      447 words
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      Page 29 Advertisements Column 1
      1606 29 [vessel voy sin pgu pkg pen blw sur dub ba ~BIK IRAN TEYFOURI PJL 1287 08/06 17/06 18/06 IRAN MOBIN PJL 1293 21/06 30/06 01/07 IRAN GHEYAMAT PJL 1292 08/07 17/07 18/07 IRAN MATIN PJL 1297 20/07 29/07 30/07 4 ACCEPTING CONTAINER/BREAK BULK SHIPMENTS TO INLANO POINTS IN IRAN CIS
      1,606 words
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      Page 29 Advertisements Column 2
      2642 29 DIRECT SAILING TO SHANGHAI XINGANG Ik—^ SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD W-OSDBSBLDG SALES/BKGS *****41/43 inward DEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CR NO: **********0*4 TOWIR TWO (*****9) CONVENTIONAL *****50/55 T/SHPMT PERT *****25
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1256 30 I EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA I C SGP ROM ANW HBG THP ZEE LHV LHW THP RDM ANW HBG PKL (IGP~ r 2^°!?" WBOI 13/07 31/1,7 OS/M 01/08 BMW 04/08 05/08 E REFINE RE 016 21/06 23/06 22/06 24AM 26/06 16/07 19/07 E DAINTY RW 006 IM7 07/06 12/08 08/08 10/08 114)8 12/08
      1,256 words
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      Page 30 Advertisements Column 2
      595 30 k IkA® MAC-NELS S'PORE M'SIA Carrier. MN CONTR LINES, INC p. guoang: (07) *****26 l-|\ JOW WO» **********08 S1BU: (084) *****9 MANILA (632)*****24 PENANG:(04)*****36 BANGKOK: (662) *****57 SURABAYA:(3I)29I66O B P-KELANG: (03) *****77 JKT: (21)*****07 MDN: (61) *****3 KUCHING (062) *****1-3 BARCELONA HAIPHONG j mv ETA bIN. 3/07/98 ETA SIN: 16/07/98
      595 words
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      Page 30 Advertisements Column 3
      429 30 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vtssa vor sin puj m err iTmt NAKUI OUEEN VO2fS 10/07 11/07 72/07 21/07 31/07 NANIAI DHAGON VOO7S IS/07 2S/07 21/07 ~03/W NAMTAIPKIWCE YO23S 24/07 09/08 14/Qg" MAMTAI YEWS VO2BS 03/08 12/01 14 AX 71/08 25/08 GOLDEW Dm&OW VQQ6S 11/08 71/06
      429 words
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      Page 31 Advertisements Column 1
      392 31 BSA x mm. MYANMA «BBL FIVE STAR LINE (Myannar National Line) v Loading for Yangon (Rongoon) VISSEI VOY SIN PKI PEN PGU MONGU ISW $10 SJTTWE Siw SID MALAYSIA AGENTS: KMJSTUO SHIPPING AGENCIES KUL TH (03)*****00 PKL HI (03) *****01 PEN: TU (04) *****02 PGU; Hi (07) *****21/4 BANK LINE
      392 words
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      Page 31 Advertisements Column 2
      1161 31 HYUNDAI MERCHANT MARINE CO., LTD. ivcsa VOY SM I SOU I LB4 I BTM I ANT I HAM I BRV I Ffl I IVtSSEL VOT I SOU I 184 IWW I AifT I HAW IWVI WL THAMES S49W D 9/07 29/07 25/07 22/07 23/07 AfIAIMANWE 3021 15/w, 20/06 17/06 18/06
      1,161 words
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      Page 31 Advertisements Column 3
      1111 31 nofwegton specofeed ovtocomen v mmi//v£s TO NORTH AND LATIN AMERICA "RORO HEAYYUFT SERVICE" [VESSEL VQY RAM? HtIGHT I SIN I LAI 1 CRL MIA SAV BAI QRF NYC NEW MOB TAIKO FBl4 400 Tons 6.3 M 13/07 10/08 19/08 22/08 24/08 26/ OS 27/08 28/08 02/09 05/09 TOURCOtNG FIIS 400
      1,111 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      780 32 BANQKOK/LAIM CHABANQ JAK A R T A/P ANJ A N Q VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN XETHA BHUM 240N In Pt 12/07 GURU BHUM 85SB In Pt 12/07 MATHU BHUM 371N 11/07 15/07 14/07 DEJA BHUM 7SSS 11/07 16/07 YANTRA BHUM" 248N 12/07 IS/07 16/07
      780 words
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      Page 32 Advertisements Column 2
      529 32 IBINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL: *****88 FAX: *****64 TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI r Bintulu I I Muara Vissa VOT SIN ITU VESSU vor sin mua BSeno V9813E InrtlO/O; 17/07 MGoW V9813t 1314/07 H/07 (Stria WBI4E 23 24/07 29/07
      529 words
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      Page 32 Advertisements Column 3
      609 32 6 4CCORD Ck SHIPPING PTE LTD TIL *****15 (40 Lines) FAX *****30 POKT KLANG (03)367 1001 Im M DIRECT ACCESS TEL *****55 (EXPOfiT BOOKING) US* GUDAhC <07)*****77 *****34 (EXPORT DOC), *****39 (IMPORT) rtHANG (04) 337 144S uruhttp://www.accord.com.sg ujuuita (ji)noo//o PORT ITA SIM PORT ETA SIM PORT ETA SIM ~PORT ITA
      609 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      424 33 INDONESI/^ATIONAniN^I TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE *31 »0T SPORE A 1 DAM,* QAM H BURG BREMEN ANTWERP A VESSEL I 47Wg| 18 22 M 27/ M ""OMTT 02/09 TO AUSTRALIA FULL CONTAINER SERVICE WL fflE I m SYP MEL HBA MX Ifflt P*Q NHULOYD BMSBAWE Ots QM7 11*7 2Z«7 2MT7
      424 words
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      Page 33 Advertisements Column 2
      961 33 ADVANCE CONTAINER LINES (PTE) LTD A 140 Cecil Street #12-00. PIL Building. Singapore *****0 L TEL: *****21. FAX *****19, TELEX RS ***** ACLPL CR NO 1&*****0000E OPERATIONS: *****60 *****05 J BANGKOK JAKARTA I WHy 5 SIQ» POT/2 Slg« LCM/1 Sl| M»T) VESSEL VOY SIN WtK VESSEL VOY SjN JKT r
      961 words
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      Page 33 Advertisements Column 3
      907 33 VESSELS VOY SX JED MLA LEH HAM THP RTM ZEE VILLE DC VELA N26W 13*07 22/07 27/07 02/06 04/06 05/06 06/08 07/06 VILLE 06 GEMMA H26W 23/07 01/06 06/06 KVO6 12/06 14/06 14/06 15/06 VM-LE D'OfttON Y2BW 28/07 06/06 11/06 16/06 16A36 19/06 19/06 20/06 VILLE 06 MIMOSA V27W 15/06
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      Page 35 Advertisements Column 1
      58 35 MiilWlj Jl>A STEgffc Dial 740-6000 on demandl —(Retrieve more schedules!) Press "1" Select the port and key in SH the four digit code —eg: To New York (NYC) 2275 Key in your fax number your phone number Another innovative service offered by ,The document will be Shipping times !5L/ faxed
      58 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      46 37 ■mul Dial 740-6000 on demand —(Retrieve more schedules!) Press Select the port and key in the four digit code eg: To New York (NYC) 227S J Key in your fax number 1 your phone number Another Innovative service offered by The document will be Shipping times
      46 words
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      132 39 LEGEND: R Thunderstorm Temperoture X\ V Shower Weother Wind direction with speed in knot* Rom \^J Cloudy Sky Wove height S-rfoce winds or* indicated by arrow* which My with the wind n fU C C r Pf#t#nH colm or t, ht ond vorrable wind* W One holt Heche represent* 5
      132 words
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