The Business Times, 24 July 1998

Microfilm: NL21204
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA(P) 110/12/517 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, JULY 24, 1998
    13 words
  • Article
    MERKET SUMMARY
    69 1 □sni 1,***** (+9.60) BT-SRI 480.70 (+1.92) BTOOMP 903-87 (+1.09) BTKGA ***** (+3.88) BHASKFTMOOD: Mixed STOCK MAMET INDICES Thursday Change KLSE COMP 415.40 -«i 1 NIKKEI 16J8&0I -106.06 HANG SENG 8,176.25 -244.47 SET INDEX 278.20 -10.32 JAKARTA COMP ***** 915 MANILA COMP __1,67&16 -8*9 TAIPEI WPI 7,879.89 -1.17 SEOUL
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  • Article
    FINANCE
    79 1 FOBEX BATES m*I us$ s$ US5 1.712 SflS*5Sper£) 1639 2.805 D* 1791 0.956 >"EN—- 141.7 1.208 R* 4.170 ***** HKS 7.749 0.221 BAHT__ 41.15 0.042 WJPfAH 14,038 0.012* St to 100 units PRIME RATES SINGAPORE* 7 88 KUALA LUMPUR 11.50 JAKARTA 28 00 BANGKOK 14.75 MANILA 2190 HONGKONG 1025
    79 words
  • Article, Illustration
    Lock icon Malaysia to change bumiputra ownership policy
    1088 1  -  Daim's council proposes wide-ranging package to restore economic growth Reports from Eddie Toh in Kuala Lumpur MALAYSIA proposes to suspend parts of its "affirmative action" bumiputra policy to attract foreign capital, as part of a wide-ranging package to restore the battered economy to 5
    REUTERS  -  1,088 words
  • Article
    Council calls for action to deal with Clob
    459 1 THE National Economic Action Council (NEAC) has proposed that action be taken to deal with the "growing domination" of Singapore's over-the-counter market, Clob International, in the trading of Malaysian equities. "An action plan must be prepared to restore the Kuala Lumpur Stock
    459 words
  • Article
    Fitch IBCA cuts ratings for Big Four local banks
    431 1  -  Bat they remain some of the best in region, says agency By' Wong Wei Kong [SINGAPORE] International rating agency Fitch IBCA yesterday downgraded its ratings for the Big Four Singapore banks, based on the worsening outlook for the Singapore economy. However,
    431 words
  • Article
    Japan stunned by timing of Moody's credit alert
    759 1  -  Move seen as attempt to influence choice of Japan PH From. Anthony Rowley in Tokyo US financial rating agency Moody's Investors Service chose yesterday the day when the campaign to elect Japan's new prime minister reached its climax to announce that it
    759 words
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      119 1 nremE cnuh In the first decline since the recession in 1985/86, consumer prices in Singapore slipped by 0.2% last month compared with a year ago, Eye on Economy, Pg S Katsted aellmg out Natsteel Ltd puts a development project in Sydney on the market, P* 15 Hade Lack Siew Natsteel
      119 words
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      22 1 More reports, Pg2 Recapitalise banks by issuing RM2Ob bonds Possible resistance to sale of bumiputra stakes HERMES Liat Towers ~<5B& TH *****53
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      7 1 Pizza Jokes fallflat with Tokyo, Pg 10
      7 words
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  • MALAYSIA'S ECONOMIC RECOVERY PLAN
    • Article, Illustration
      Lock icon Government to issue RM20b in bonds to recapitalise banks
      624 2  -  Bonds will be issued to national pension fond, Petronas and insurance firms From, Meera Tharmaratnam in Kuala Lumpur THE government is to issue 20 billion Malaysian ringgit (SSB.2 billion) worth of long-term bonds to the Employees Provident Fund, national oil company
      REUTERS  -  624 words
    • Article
      Petronas may lose its monopoly status
      278 2  -  By\ Meera Tharmaratnam NATIONAL oil company Petronas could lose its monopoly over Malaysia's oil resources under recommendations adopted by the cabinet to revive the country's economy. The National Economic Action Council (NEAC) recommended relooking at the Petroleum Development Act 1974, which covers the rights,
      278 words
    • Article
      Bailout criteria set out to dispel growing investor fears
      327 2  -  From, Eddie Toh in Kuala Lumpur WHILE public funds will not be used to bail out individuals under the recommendations of the National Economic Action Council (NEAC) adopted by the Malaysian government, companies in strategic sectors may be exempted from this
      327 words
    • Article
      Tapping more loans from the World Bank for 1999
      605 2  -  World Bank just one of its sources, EL aggressively seeking funding from abroad From Ruth Wong in Kiuila Lumpur IN a bid to raise more funds to kickstart the flagging economy, Malaysia has negotiated with the World Bank for additional loans
      605 words
    • Article
      Possible resistance to sale of bumiputra stakes
      350 2  -  Policy shift still not well understood by bnmis From Eddie Toh in Kuala Lumpur WHILE troubled companies owned by bumiputras, or indigenous Malays, will be allowed to sell their shares to non-bumiputras or foreigners, under recommendations adopted by the Malaysian cabinet, the NEAC
      350 words
    • Article
      Lower interest rates won't jeopardise ringgit: experts
      530 2  -  Malaysian govt should adopt a balanced rate policy, saysNEAC From Meera Tharmaratnam in Kuala Lumpur MALAYSIA'S desire for a lower interest rate regime would, in theory, mean sacrificing the ringgit but economists yesterday said that, in practice, it may not be so. They
      530 words
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      134 3 Our client relationships go deeper. Now the global resources available to them go even wider. Union Bank of Switzerland and Hong Kong, Jakarta, Kuala Lumpur, Swiss Bank Corporation have joined Manila, Melbourne, Mumbai, Osaka, to form a bank which ranks among the Seoul, Shanghai, Singapore, Sydney, top financial services firms
      134 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      DBS Land woos buyers with novel scheme
      405 4  -  Mortgage repayment subsidy offered on some units in Simn Ville, Melrose Park By. Diana Oon DBS Land has come up with the most innovative scheme yet to woo home buyers in the tussle for sales in the current market slowdown. In addition to
      405 words
    • Article
      Summerdale EC entices buyers with cash lures
      282 4  -  David Boey EXECUTIVE condominium (EC) developers are coming up with increasingly attractive cash lures to entice buyers as competition heats up in the market. Boon Lay Executive Condominiums, the developer of Summerdale, fired the latest salvo yesterday with its offer to homemakers of
      282 words
    • Article, Illustration
      Lock icon Focus on boosting revenue, not just cost-cuts, firms urged
      341 4  -  Ryi Carol Eng SINGAPORE'S cost differences with the region have "suddenly (become) very daunting" due to recent currency movements, EDB managing director Ho Meng Kit said yesterday. But there's only so much by which wage and land costs here can be
      ARTHUR LEE  -  341 words
    • Article
      Only two of 26 lots find takers at properly auction
      332 4 REAL estate agent Knight Frank said it sold two out of 26 lots of property at its auction yesterday afternoon and added that interest generated at the auction could lead to the sale of four more sites. Mary Sai, director
      332 words
    • Article
      Management shuffle in telecoms firms
      413 4  -  Mobile One's Low Chin Nam returns to Keppel unit KT&T Teh Hooi Ling A NUMBER of senior management moves are under way in the local telecoms industry. Low Chin Nam, chief operating officer of Singapore's second mobile phone operator Mobile One, will relinquish his position
      413 words
    • Article, Illustration
      Lock icon CPI falls for first time since '86
      357 5  -  EYE ON THE ECONOMY Inflation By' Ven Sreenivasan IN the first decline since the recession in 1985/86, consumer prices slipped by 0.2 per cent last month compared to a year ago. The June fall brings to just about 0.7 per cent the inflation
      Source: Dept of Statistics  -  357 words
    • Article, Illustration
      Jeya says he can't pay damages
      390 5 He says he could be made a bankrupt, lose his NCMP seat J B Jeyaretnam said yesterday that he could be made a bankrupt and lose his NonConstituency MP seat in parliament as he could not pay the damages and costs for defaming the
      390 words
    • Article
      S'pore's vulnerable, warns Perc
      441 5  -  Trade dependence makes it most susceptible to protectionist policies By Audrey Tan SINGAPORE is the most vulnerable economy in Asia to a possible protectionist backlash in the region, the Political and Economic Risk Consultancy (Perc) warned in a report. The Hongkong-based agency said Singapore's dependence on
      441 words
    • Article, Illustration
      Lock icon SIA ad a big hit with ST readers
      258 5 "BIGGEST to Germany" proved to be a giant last night, as the Singapore Airlines advertisement was voted the favourite of ST readers. It garnered the most number of votes at The Straits Times Readers' Pick of the Press Awards, winning for the
      SIEW YAW HOONG  -  258 words
    • Article
      Rent rebates for Income's tenants
      175 5 NTUC Income is offering its tenants rent rebates and a rent assistance plan to help them cope with the economic downturn. The rent aid takes the form of a loan at 6 per cent interest per annum, repayable only at the end of two years.
      175 words
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      557 4 jmishp^^^^B .djH JBi i I BMk x 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 the Aberdeen Select Portfolio you have the freedom to select the markets you wish to invest globally or
      557 words
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      82 5 1 aim WCC to aspire I w I *-'iPSr I I to think beyond conventiol I I Mfe, S M ■to let my ideas take shape. f I -p I I i- ree 4 because I have one of t^H 2 C, J world's largest financialKgrAi» ations i^'' I I
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Manila plans to give more powers to central bank
      139 6 AFX-Asia [MANILA] Philippine President Joseph Estrada will submit to Congress a bill to strengthen the central bank to make it better able to cope with the regional crisis, the presidential palace said. Mr Estrada "wants to strengthen the supervisory and regulatory
      AFX-Asia  -  139 words
    • Article, Illustration
      KL to set up clearing house for exports, imports
      592 6  -  Move aimed at conserving foreign exchange and boosting trade From, Ruth Wong in Kuala Lumpur THE Malaysian central bank, Bank Negara, is setting up a clearing house to effect only the net settlement of import and export between trading nations in
      592 words
    • Article
      No move yet to force use of M'sia ports: Dr M
      333 6  -  Traders need time to adjust; legislation to come only if necessary, he says From, Ruth Wong in Kuala Lumpur MALAYSIA would legislate to compel exporters to use local ports when shipping their goods only if it was necessary, Prime
      333 words
    • Article
      Lock icon KL merchandising sectors: foreign limit stays at 30%
      254 6 Reuters [KUALA LUMPUR] Foreign equity in Malaysia's wholesale and retail sectors will remain at 30 per cent and will not be raised to 51 per cent, Domestic Trade and Consumer Affairs Minister Megat Junid Megat Ayob was quoted by Bernama as saying.
      Reuters  -  254 words
    • Article
      Lock icon Indonesian utility PLN, Garuda near bankruptcy
      307 6 PLN seen posting 14t rupiah loss on failure to restructure AFP Bloomberg [JAKARTA] Indonesian state electricity utility PT Perusahaan Listrik Umum Negara (PLN) and flag carrier PT Garuda Indonesia are on the verge of bankruptcy, State Enterprises Minister Tanri Abeng said yesterday. PLN will
      AFP; Bloomberg  -  307 words
    • Article
      Lock icon 8 firms at risk of de-listing
      148 6 Bloomberg [JAKARTA] The Jakarta Stock Exchange warned eight companies, including engineering firm Bukaka Teknik Utama and PT Bank Umum Nasional, that they may be de-listed because of losses they've racked up as the rupiah has collapsed in the past year. In a brief statement,
      Bloomberg  -  148 words
    • Article
      Taiwan banks to lend US$100m to Maybank
      582 7  -  Syndicated loan may signal island's ready to resume lending to S-EA: analysts From Laurence Eyton in Taipei IN what analysts said could signal a resumption of Taiwanese lending to the region, a consortium of Taiwanese banks have agreed to provide a syndicated loan
      582 words
    • Article, Illustration
      Lock icon He poverty line
      58 7 [JAKARTA] Residents of the Rawamangun neighbourhood in Ekist Jakarta queueingfor cheap government sugar yesterday. The United Nations Food and Agricultural Organisation said the country faces a food crisis with government statistics predicting almost half of the nation's more than 200 million people will be below the poverty
      REUTERS  -  58 words
    • Article
      Asian stocks hit by Wall St Tokyo worries
      331 7  -  Bat STII ends 10 pts up, on SPH rebound, after earlier fall By R Sivanithy (SINGAPORE) It was another grim day for regional equities yesterday as worries that the Asian crisis has yet to run its course sent prices tumbling in almost
      331 words
    • Article
      Lock icon Thai six-month trade surplus at 226b baht
      166 7 AFP [BANGKOK] Thailand recorded a hefty trade surplus for the six months to June as exports outpaced imports in local currency terms, the customs department said yesterday. The trade surplus on a customs-cleared basis stood at 225.8 biUion baht (559.4 billion), compared with
      AFP  -  166 words
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      1348 6 Australia and New Zealand Banking Group Limited I A. C. N. 005 357 522 I Financial Statements for the ANZ Banking Group Limited and its controlled entities for the year ended 30 September, 1997 CONSOLIDATED THE COMPANY CONSOLIDATED THE COMPANY 1997 1996 1997 1996 1997 ±9aR Assets AUW AU[>M AUW
      1,348 words
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      56 7 Full professional after sales service provided For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Mrs Diana Bean, General Manager OT Ms Florence Nathan, Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE, 24 RAFFLES PLACE, SINGAPORE *****1 E-mail: ocrasingOsingnet.com.sg
      56 words
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      Page 7 Advertisements Column 2
      367 7 At Nokia, we've seen you can't always be at the office. data. That's because it's actually a GSM phone that fits into And always get to a phone line. Yet the show must go on. any Type II PC Card slot. That's why we created the Nokia PC card with
      367 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Golkar drops seven of Suharto's kin from assembly
      186 8 JAKARTA Reuters INDONESIA'S ruling Golkar Party has officially removed seven of former president Suharto's relatives from their posts in the country's highest decision-making body, the People's Consultative Assembly, an official said yesterday. "The removal decree has already come in from the Golkar
      Reuters  -  186 words
    • Article
      Members heading for split over non-interference
      555 8  -  ASEAM HDnSTERIAL MEETING S'pore, Indonesia, M'sia reject 'flexible engagement' proposal From, Al Labita in Manila ASEAN foreign ministers look headed for a split over a key policy issue when they start their three-day meeting in Manila today. As they began arriving yesterday, some immediately
      555 words
    • Article, Illustration
      Lock icon Frenzy of rallies as campaigns close
      292 8 PHNOMPENH AFP TENS of thousands of Cambodians filled the streets of the capital yesterday for frenzied political rallies and prayers for peace as the election campaign drew to a close. Nearly 30,000 supporters of strongman Hun Sen's Cambodian People's Party (CPP), riding banner strewn
      AFP  -  292 words
    • Article
      Lock icon HK overseas Chinese body fears fresh Indon violence
      301 8 HONGKONG Flyers in Bandung inciting attacks against ethnic Chinese spark panic Reuters AN overseas Chinese group in Hongkong yesterday said it feared that a new wave of violence may soon be unleashed against ethnic Chinese in Indonesia. Hongkong Overseas Chinese General Association
      Reuters  -  301 words
    • Article
      Lock icon Indon govt fact finding team to probe May riots
      210 8 JAKARTA Reuters THE Indonesian government has set up an official fact finding team to probe the riots that ravaged Jakarta and other major cities in May, the official news agency Antara reported yesterday. The agency quoted Justice Minister Muladi as saying
      Reuters  -  210 words
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      73 8 Such lavish praise. And that's before we added new standard features to this elegant status symbol. Audi noon Vorsprung durch Technik l o .l!,U«dV"r.r' S S| Q M HOrVVpr?. 1 0 1 J*! ni TOWCr Te,: 338 3 844 Fax: 334 3 877 Sh <""°<"» "">»» 6 P" weekends, 9.m
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      16 8 TW Straits Than Mall Tanglin Mall, every third Saturday of jjj the month, spm 11pm |ca**l
      16 words
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  • CHINA HONGKONG TAIWAN
    • Article, Illustration
      Lock icon China's forex reserves down by US$400m in June
      564 9  -  SINGAPORE Decline signals local institutions' weakening confidence in yuan stability By] Lu Ning CHINA'S massive foreign exchange reserves the world's second-largest after Japan's shrank by US$4OO million (*****.2 million) in June amid the deepening Asian financial crisis, official statistics show. China's official
      Source: State Admin of Force  -  564 words
    • Article, Illustration
      Lock icon Closing PLA's firms won't be easy
      431 9 BEIJING Jiang's order seen as just a warning as army doesn't have a central budget yet AFP ANALYSTS yesterday dismissed President Jiang Zemin's order for the army to abandon its business empire as a mere warning, saying China is years away from developing a
      AFP; REUTERS  -  431 words
    • Article
      China economy worries hit red chips
      416 9  -  From Loh Hui Yin in Hongkong SPOOKED by mounting concerns about the health of the Chinese economy and its currency, investors bailed out of China-related stocks yesterday. The announcement that China's foreign exchange reserves fell by US$4OO million (*****.2 million) to U*****.5 billion in
      416 words
    • Article
      Lock icon Beijing adds bite to financial crackdown
      253 9 SHANGHAI Reuters CHINA yesterday gave more bite to its ban on unauthorised financial institutions and activities in the latest sign of action over the nation's shaky financial system. The rules apply to illegal activities involving bank deposits, lending, settlement, discount, trust and investment activities,
      Reuters  -  253 words
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  • ASIA
    • Article, Illustration
      S Korean jobless rate hits 20-year high of 7%
      557 10  -  But nation-wide strike averted after crisis talks between govt, trade onions From, Jennifer Veale in Seoul SOUTH Korea's unemployment rate hit a 20-year high yesterday amid some good news, as crisis talks between unions and the government succeeded in averting a
      557 words
    • Article, Illustration
      Lock icon Pizza jokes fall flat with Tokyo
      398 10 TOKYO Analyst's description of Obachi riles foreign ministry NYT COLD pizza has become a hot topic in the race that will decide who becomes the next prime minister of Japan. It started when John Neuffer, a political analyst often quoted by the foreign news
      NYT; AFP  -  398 words
    • Article
      Lock icon Seoul to open most of its economy to US investors: reports
      307 10 SEOUL Bat restrictions on key areas such as agriculture will stay AFP SOUTH Korea will throw open most of its restricted economy, barring key areas such as agriculture, to US investors as it pushes ahead with a liberalisation scheme,
      AFP  -  307 words
    • Article
      Lock icon Indian June FDI doubles
      135 10 BOMBAY AFP FOREIGN direct investments in India almost doubled in June over the previous month despite US and Japanese sanctions after New Delhi's May nuclear tests, The Economic Times said yesterday. India attracted 16 billion rupees (Ss64o million) of overseas investments in June against 8.6 billion
      AFP  -  135 words
    • Article
      Lock icon Australia to launch anti-racism campaign
      199 10 SYDNEY AFP [SYDNEY] Australia is launching an anti-racism campaign aimed at uniting a community divided by the rise of Pauline Hanson's antiAsia One Nation party, Immigration Minister Philip Ruddock said yesterday. "It is one that is going to be about building relationships rather than exacerbating
      AFP  -  199 words
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      166 10 m QCRTH/\ THE CALLAWAY BERTHA I WAR RIRD ■B At such unbelievable prices, the ever popular Callaway become even more irresistible to ever/where! So go for monster leave the others burn up the course and enjoy golf like you never did before. B MliJ M m Get your Callaway Big
      166 words
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  • THE WORLD
    • Article
      Clinton's China policy stands, but decision on IMF delayed
      484 11  -  Moves reflect growing tension in US govt over free trade issues Prom Leon Hadar in Washington US President Clinton's global economic agenda and his engagement policy towards China scored an important legislative victory on Capitol Hill on Wednesday when the House
      484 words
    • Article
      US investor sentiment begins to turn bearish
      509 11  -  Greenspan injects some caution; many analysts still bullish From, Andrew Marks in New York WORRIES over the economy and excessive valuations have returned to Wall Street with a vengeance in the last two days, as investors took to heart Federal Reserve chairman Alan
      509 words
    • WORLDWatch
      • Article
        Lock icon Aerospatiale, Lagardere tie-up planned
        115 11 AFP [PARIS] France took a further step yesterday towards its dream of creating a single European aeronautic and defence heavyweight to rival US giants such as Lockheed Martin, offering its European partners a share in a major new alliance. France said it would float 20 per
        AFP  -  115 words
      • Article
        Lock icon Bundesbank leaves rates unchanged
        97 11 Bloomberg [FRANKFURT] The Bundesbank left interest rates unchanged at yesterday's policy meeting and maintained its money supply target for 1998 amid farther evidence that inflation pressures are absent from Europe's biggest economy. The German central bank left its floor discount rate at 2.50 per cent, its
        Bloomberg  -  97 words
      • Article
        Lock icon IMF woes exaggerated: congressman
        116 11 Reuters [WASHINGTON] The chairman of a US congressional panel said yesterday the International Monetary Fund (IM F) had exaggerated its financial woes and could borrow up to US$6O billion (*****.6 billion) on capital markets to cope with future emergencies. Joint Economic Chairman Jim Saxton, citing a
        Reuters  -  116 words
    • Article
      Lock icon UK's May trade deficit widens, strong £ seen making it worse
      360 11 UK's May trade deficit widens, strong seen making it worse LONDON Reuters BRITAIN'S trade deficit with the rest of the world grew in May, official data showed yesterday, and a further widening was expected as exporters remain besieged by sterling's strength and Asia's woes. The Office for National Statistics said
      Reuters  -  360 words
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      214 11 Now you can forget the cable permanently. Only the new infrared Ericsson MC 16 and D 127 set you free in more ways than one. Put it in your pocket (yes, it's that small). Now you're ready for anything. The Ericsson MC 16 is a mobile companion with Windows'" CE
      214 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Asia's miracle is also Asia's curse
      769 12  -  TH33 BOTTOMLDVB OPINION By Michael Lewis The writer, author of 'Liar's Poker' and 'The Money Cultureis a Bloom berg News columnist. The opinions expressed are his own Bloomberg FOR more than a year now, the various official spokesmen for global financial sanity have been
      Bloomberg  -  769 words
    • Article
      IN OTHER WORDS
      139 12 I m not going to fix something that's not broken. The dumbest thing in the world is to get rid of career employees who know their business.' William Donald Schaefer a veteran US politician. k I have seen Nelson Mandela sitting in the presidential office, and I
      139 words
    • Article
      Getting PLA out of business
      599 12 EDITORIAL CHINA'S President Jiang Zemin, who is also the de facto commander-in-chief of the country's armed forces, has issued arguably his boldest order to the People's Liberation Army (PLA) since he took over command nine years ago: Get out of business, now. It should be
      599 words
    • Article, Illustration
      Lock icon Boom too good to last
      1048 12  -  Any of these dangers -Asia, the stock market, Tear 2000 glitch, the euro can prick the US babble By\ Robert Samuelson The Washington Post THE American economy is sailing along so smoothly (unemployment 4.5 per cent, near-record stock prices, strong home sales) that it seems
      The Washington Post; FILE PHOTO  -  1,048 words
    • Article
      Each country should site customs office on its own territory
      340 12  -  MAILBOX Lee Chuang Siang SINGAPORE will be moving its customs, immigration and quarantine (CIQ) operations from the Tanjong Pagar railway station to Woodlands on Aug 1. Malaysia is reluctant to move its CIQ to Woodlands even after repeated reminders by
      340 words
    • Article
      WHAT THE OTHERS SAY
      238 12 Aae&n must dump old tenet OLD habits die hard in countries where conservatism is entrenched, but recent events promise to push the Association of South-East Asian Nations, to a more interventionist approach to members' domestic affairs. The past months have made the long-held non-inter-ference tenet something
      238 words
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      161 12 DOONESBURY By Garry Trudeau SO HAW BUT IN A SENSE, IT ITS ABOUTA PLACE AND AN -SI6H'... BIG-TIME. YEAR EXACT- POESN7 REALU MAT- infl AMP THE FACT REMAINS, TM SIPPING TOMMY LEE LYPIPTHE n P TER, JIM. AT THE ENP I M£RE STANDNG NEAR ASPOT AGANST (7TH- FAXEPIN HOUSE BURN
      161 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      295 13 WhciV tft whip HillP <)nH PntpHQin Offers FREE SOS* Global Sr ,,^;r.. W fr,«a lICIC lU U| C, Ulllt; «U'U ClHcrUUil... J ReferralsWhiktoverseas- ±L--T 2*>«45 w n *m mt What better way to celebrate a great week than Sunday Brunch at The Cafe-in-The-Firt? Enjoy the finest brunch and service at
      295 words
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      Page 13 Advertisements Column 2
      248 13 Buy It. Sell It. Find It. Classified, fb I CATS. Call Today For Results Tomorrow. 1800-*****66 M»I v*J mJ I k L^JK*^Bf H^H To a ft/gftt o/ 1 great fun and I Si en^erta^ at Cangtry's Jb Happy Hours 5.00pm B.oopm Dail\ j® h /V/i complimenian snacks S| f Live
      248 words
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      Page 13 Advertisements Column 3
      173 13 if =r HONGKONG FOOD PROMOTION featuring igf Authentic T Hong Kong cuisine j/, from 22 July -10 August 1998 3 Reservations: 831 6262/66 Mandarin Singapore RESTAURANT 333 Orchard Road. Singapore *****7. Tel: 737 4411 lE>d-g*v<Ag<A UourS: Diw $uw fill 4f*n Now you c«*n om Um CWnese Rert-«ur«Hf's >i«h su« <m
      173 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      839 13 TV&RADIO Premiere 12 Extreme Dinosaurs. ances. UiM liHIiWiI 2.30 PM TV Innovations. 6.00 News 5 Today Followed 4.00 TV Innovations. 4.00 Kidz Blitz: Walter Mel- By Wheel of Fortune. 6.30 The Pyramid Prime 12 4JO Kidz Blitz: Grimm's 7.00 News 5At Seven. 0.00 AMCDIS. Fairy Tales. 7.30 Suddenly Susan 10.00
      839 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      144 13 CRVPTiC CROSSWORD 18 Some the bad language 30 Ignored, roam round old part of British Museum (7,4) 13 A sweet wa V of speaking used YESTERDAY'S SOLUTION DOWN by French (5,6) Ihlalrldlbl i ItlYlelmMtiali irl 2 Cancel peacekeepers' party (4) 15 i(licule Somerset town JeMe|b|TLJaUnWmUl|m|a| 3 Flight path incomplete (4)
      144 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Art from all over the world
      922 14  -  PARVATHI NARAYAM A new gallery aims to showcase art from Latin America, Asia, Europe, Africa, parvathi karat an reports THE dolphin may have been a royal emblem, but the "dauphin" that a three-week-old gallery is named after is a creature of the borderless seas.
      922 words
    • Article
      A fluid, if uneven exercise in the human condition
      516 14  -  THEATRE By Parvathi Narayan [SINGAPORE] Exploration of the human condition, and presenting the findings in an Asian theatrical context has been one of the main aims of Asia-In-Theatre Research Centre (ATRC). The Gateless Gate is the latest joint offering by ATRC
      516 words
    • Article, Illustration
      Subtle strokes, humble start
      807 14  -  ART Lim Tze Peng's Chinese ink works, once deemed puzzling, are now widely appreciated By I Sian Jay [SINGAPORE] For much of his life, Lim Tze Peng doubted his artistic abUities. He was unsure of his technique, forever questioning the style that he gradually developed, and
      807 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      333 14 [business Xoticcs NOTICE IS HEREBY GIVEN that. I Tan Chiau Tong of Blk 225 03-125 Serangoon Avenue 4 Singapore *****5, have applied for a Retail Liquor Shop Licence in respect of M/s Shop N Save Pte Ltd located at No. 9 #01-05 Yio Chu Kang Road, Kovan Centre Singapore *****3,
      333 words
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      Page 14 Advertisements Column 2
      290 14 NOTICE I NOTICE IS HEREBY GIVEN that, I SAW AI UM of Blk 856 #08-281 Tampines St. 81 Singapore *****6. have applied for a Beer House Ist Class in respect of M/s SENG KANG EATING HOUSE located at Blk 205 D Compassvale Lane #01-02 Singapore *****5, and that this application
      290 words
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      155 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SUNRISE TANKERS (SINGAPORE) PTE. LTD. (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN in pursuant to Section 308 of the Companies Act Cap SO that a final general meeting of the abovenamed company will be held
      155 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      204 14 Tim WEATHER Singapore; Cloudy with showers in the evening mainly over Southern and Eastern Singapore. Temperature (28/24 C) Ada-Psctilc Lot/Hi* Cood. Jmealem 16*) doudv Stockholm li2l doudv AurkUnd N/14 diiudy Mecca 25-56 doudv Vienna 2332 doudv Bang*.* 2K-36 tar Zunrfa 13,-26 doudv S® to Europe WHJ Cood. Bombay V 33
      204 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon For sale: NatSteel's A$100m Sydney project
      494 15  -  Agents have been appointed to sell site for apartment project Byi Ang Wan May [SINGAPORE] Nat Steel Ltd has put its ASIOO million (*****.7 million) residential and service apartment project in Sydney's trendy The Rocks district on the market. The steel, property and electronics
      FILE PHOTO  -  494 words
    • Article, Illustration
      EnerSave Hldgs launches Sesdaq IPO of 15m shares
      418 15  -  Only 10% of float offered to public; issue to raise $4.5 m By, Jennifer Lien [SINGAPORE] Acma subsidiary EnerSave Holdings yesterday launched its initial public offer of 15 million shares at 35 cents each. Only 10 per cent of the Sesdaq float,
      418 words
    • Article
      OUB to launch 6-7 more IPOs this year
      268 15 [SINGAPORE] Overseas Union Bank will launch another six or seven initial public offers on the Stock Exchange of Singapore this year, senior vice-president Richard Tan said. The new listings will include both mainboard and Sesdaq aspirants, Mr Tan told reporters after the
      268 words
    • Article
      Good judgment puts NatSteel Electronics in good stead
      866 15  -  HOCK LOCK SIEW Louis Beckerling CONTRACT manufacturer Nat Steel Electronics Ltd (NEL) has been one of the few stars in a rather dull constellation of counters listed on the Singapore stock exchange. And in the view of analysts, it is likely to
      866 words
    • Article
      S'pore Airlines delays delivery of 11 aircraft
      389 15  -  Meanwhile, airline gets Aussie final approval for alliance By) Felix Chan [SINGAPORE] Singapore Airlines (SIA) has deferred the delivery of 11 Boeing and Airbus Industrie aircraft as it braces itself for a turbulent ride ahead. But the carrier said it would still gain
      389 words
    • REGIONAL COMPANIES
      • Article
        Thailand may have to shut loss-making commercial banks
        675 16  -  Interim loss of 107b baht at 15 banks exceeds 27b baht profit in first half '97 From Harish Mehta in Bangkok THAILAND may need to shut down some of its crippled commercial banks that reported massive losses in the first-half of the
        675 words
      • Article
        Central banks attack too
        99 16  -  LETCER TO THE EDITOR Denis Distant I READ with interest R Sivanithy's article "Asian crisis: Are big currency players all that innocent?" in Wednesday's BT but think it a pity he merely mentioned the role of central banks in defending their native currencies when under attack.
        99 words
      • Article
        SingTel will open up to seven new overseas offices this year
        255 16  -  By' Toh Han Shih [SINGAPORE] Singapore Telecom (Sing Tel) will open up to seven new offices abroad this year, involving an investment of $18 million for the year ending March 31,1999. Victor Kwok, its business communications development managing director,
        255 words
      • Article
        NCS upbeat on StorageTek tie-up
        288 16  -  By. Annette Pau [SINGAPORE] National Computer Systems expects to generate $4 million to $5 million of revenue in its first year as a channel partner of US-based Storage Technology Corp (StorageTek). The company also expects 20 per cent annual growth from the following year. As
        288 words
      • Article
        Profit sinks at HK and Shanghai Hotels
        488 16  -  Interim net down 29%; second half prospects bleak From Loh Hui Yin in Hongkong HIT by the regional economic crisis, Hongkong and Shanghai Hotels saw its net profit plummet 29 per cent at the interim, with management warning that prospects in the second
        488 words
      • Article, Illustration
        IDT sees higher turnover and profit this year
        267 16  -  Seventy new products being launched this year By Annette Pau [SINGAPORE] Liquid crystal display products maker IDT Holdings Singapore expects both earnings and revenue to grow for the financial year ending March 1999. Raymond Chan, chairman of the Hongkong-based group, said in
        267 words
      • Article
        Lock icon HK airport chaos could cost Cathay Pacific HK$300m
        249 16 Bloomberg [HONGKONG] Cathay Pacific Airways Ltd, Hongkong's biggest airline, could lose up to HKJ3OO million (5566.2 million) of revenue after computer system failures threw cargo handling at the city's new airport into chaos, an analyst said. The forecast from WI Carr Indosuez
        Bloomberg  -  249 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon DuPont Q2 profit falls 12%; sees further drop in Q3
        394 17 Earnings decline blamed on acquisition costs, lower chemicals prices, 6M strike Bloomberg [WILMINGTON, Delaware] DuPont Co, the largest US chemical company, said sec-ond-quarter earnings declined 12 per cent and warned that third-quarter results may also fall, sending its shares down
        Bloomberg  -  394 words
      • Article
        Lock icon UAL Corp profit up surprisingly strong 11%
        215 17 Bloomberg [CHICAGO] UAL Corp, the world's biggest airline company, said second-quarter earnings rose a surprisingly strong 11 per cent as lower fUel prices, surging US demand and cost cuts offset declining traffic in Asia. Net income for the Chica-go-based parent of United Airlines
        Bloomberg  -  215 words
      • COMPANYBriefs
        • Article
          Lock icon BMW's first-half profit up 17%
          62 17 Bloomberg [MUNICH] BMW AG, Germany's aecond largest carmaker, said first-half profit increased 17 par cent as eaies of its luxury 5-Seriae sedan* mn and wei e cut at its UK Rover unit Profit rose to 511 million Dsutschemarks (S$480.4 million) from 435million marks in the
          Bloomberg  -  62 words
        • Article
          Lock icon Legal & General ups dividead by 14 %
          77 17 Legal General ups dividead by 14 Bloomberg [LONDON] Legal General pic, the UK's eighth largest insurer, said first-half operating profit roee a better than expected 20.6 per cent, prompting the company to raise its interim dividend by 14 per cent The company reported first half profit from operations before paying
          Bloomberg  -  77 words
        • Article
          Lock icon Coast cuts, growth boost ABB profit
          68 17 Bloomberg [BADEN, Switzerland] Asea Brown Boveri Ltd, the world's largast electrical-engineering company, said first-half net profit rose 13 per cent as a result of cost cuts and economic growth in Europe and the US. Net income rose to US$638 million (S$l.l billion), as expected
          Bloomberg  -  68 words
        • Article
          Lock icon MN's £76m profit lower than expected
          77 17 Bloomberg [LONDON] Imperial Chemical Industries pic's second-quarter net income rose a smaller than expected 53 per cent to £76 million (***** mlBionX or MM pence a share, from £50 million a year ago, before exceptional items and goodwill. Sales fell 4 per cent to
          Bloomberg  -  77 words
        • Article
          Lock icon Hilton benefits from new casino
          49 17 Bloomberg [BEVERLY HILLS, California] Hilton Hotels Corp's second-quarter net income roee 14 per cent as the third largest US hotel company and largest operator of casino resorts raised hotel room rates and benefited from a new casino. Hilton earned US$106 million, inline with expectations.—Bloomberg
          Bloomberg  -  49 words
        • Article
          Lock icon Nestle sales fall below forecasts
          69 17 Bloomberg [VEVEY, Switzerland] Nestle SA said first-half sales rose 5.7 per cent, short of most anal vats' sales in Asia and Brazil and a stronger Swiss franc partly offset growth in other markets. Nestle said sales roee to 35.3 billion francs (S$38.8 billion) from 33.5
          Bloomberg  -  69 words
      • Article, Illustration
        Lock icon Philips Q2 profit up 38% to 1b guilders
        195 17 AFP [EINDHOVEN, Netherlands] Dutch electronics giant Philips yesterday said its net profit including exceptional items increased 38.2 per cent in the second quarter of 1998 compared with the same period last year. Philips reported a total net profit for the second three
        AFP; REUTERS  -  195 words
      • Article
        Lock icon Coke Enterprises Q2 net lower-than-expected
        314 17 It says profit for next year-and-a-half will miss forecasts Bloomberg [ATLANTA] Coca-Cola Enterprises Inc. the world's largest soft-drink bottler, reported lower-than-expected secondquarter earnings and warned that its profit for the next year-and-a-half would miss forecasts as it revs up spending on new trucks and vending
        Bloomberg  -  314 words
      • Article
        Lock icon Microsoft shocked by scrapped Korean deal
        115 17 Reuters [SEOUL] US software giant Microsoft said yesterday that it was deeply disturbed by a South Korean software firm's sudden decision to drop out of an investment deal. "We were very shocked. We certainly did not expect the deal to break down at all
        Reuters  -  115 words
      • Article
        Lock icon US oil companies' stocks up despite profit plunge
        422 17 Bloomberg [FAIRFAX, Virginia] Investors brushed off big drops in second quarter earnings reported by Mobil Corp, Amoco Corp and Conoco Inc, bidding up stocks of integrated petroleum companies on optimism that oil prices will climb. Amoco, the fifth largest US oil company,
        Bloomberg  -  422 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Salomon leak scuttles US$9b merger
        491 18 Slip-np over HBO, McKesson plan hurts bank's credibility Bloomberg [NEW YORK] Salomon Smith Barney Inc, one of the biggest US investment banks, told its brokers last week that its clients HBO Co and McKesson Corp were planning a US$9 billion (5515.4 billion) merger. The problem
        Bloomberg  -  491 words
      • Article
        Lock icon Hitachi to sell US$800m bonds in Singapore
        221 18 Bloomberg [TOKYO] Hitachi Ltd, Japan's largest maker of electronics, said it plans to sell US dollar-denominated bonds in Singapore to raise US$BOO million (Ssl.4 billion) to fund its manufacturing businesses in South-east Asia. Hitachi will raise the money in several bond issues with
        Bloomberg  -  221 words
      • Article
        Lock icon KKR leads group buying UK insurance broker for £851m
        286 18 Bloomberg [LONDON] Kohlberg Kravis Roberts Co said it's leading an investor group that will buy Willis Corroon Group Pic, for £851 mUlion (552.4 billion) and use the world's fourth-largest insurance broker to make more acquisitions in Europe, Latin America and Asia.
        Bloomberg  -  286 words
      • Article
        Lock icon Silver's gains prompt talk of Buffets exit
        293 18 Reuters [LONDON] Silver defied the weakening yen yesterday, repeatedly nudging at US$5.7O resistance as the rest of the precious metals complex slid lower. Silver's rise this week to two-month highs prompted several London dealers to speculate that US investor Warren Buffett might be
        Reuters  -  293 words
      • Article
        Futures hit again as stock index slides
        176 18  -  MSCX TAIWAN FUTURES Cecilia Loh SIMEX MSCI Taiwan index futures feU 0.4 point yesterday as the Taiwan Stock Exchange Weighted Price Index (Taiex) slided further. The Taiex, which fell below the psychological support level of 8,000 on Wednesday, eased another 1.17 points as
        176 words
      • Article
        Lock icon Glut causes oil prices to edge lower
        202 18 ENERGY REPORT Reuters [LONDON] OU prices crippled by oversupply edged lower yesterday, unmoved by word of Iranian output cuts or improved sentiment in some spot markets. Benchmark North Sea Brent was trading six US cents easier at US$l2.Bl at 13.55 GMT, more than
        Reuters  -  202 words
      • Article
        Lock icon CURRENCY REPORT
        256 18 Reuters AFP f London J THE possibility of a downgrade to Japan's sovereign credit ratings drove the yen down against major curren--1 cies yesterday in Europe, analysts said. They said the yen came under renewed pressure after Moody's Investors Services said it had placed Japan on review for
        Reuters; AFP  -  256 words
      • Article, Illustration
        Untitled
        1140 18 IiiTiiKBAHK CROSS RATES Jul23 1'l.ipn m A* cs ECU Ffr Dm HK$ Hi y m Wm M ICS P* fa N— 9mt Vk iTt tm ttmt «t 0.925 4.178 0.56) 17M L10e 4792 2(288 86.822 0.876 7.884 2379 1191 ***** ***** 1399 1853 0.937 ***** ***** 0377 OJ» Canada 1081
        1,140 words
    • Article
      COMMODITY PRICES
      1569 19 SICOM tUTUnES Jul 23 eueetlAhm d«N el 130J*) KSSICONTRACTcScMtsAq) Close ¥olNM OpM Mootfc **9* Lew Sett (t«wt) leterwt *9* 123.75 123.75 125.00 50 50 *5* ***** 340 125.00 1450 125.75 1450 M 126.50 1450 129.25 1950 £/*>» 133.50 1950 Mfrp 99 138.00 »»3C0limCT<US«rfjA«> VoIwm OpM HI* Lew Sett
      1,569 words
    • Article
      WORLD STOCK MARKETS
      2197 19 <! LONDON Mvtrtab MO hn 31 Group 600.000 unch AS Ports 338.000 -3.000 AMwy National 1090.250 ***** Allied Domecq 560.000 unch Amec 164.000 unch Asda Group 21X400 3.400 •AT M 609.000 -21.000 BG Pic 391.000 *4.000 B4CC 133.000 -2.000 BOC Group 840.000 -20.000 BR Petroleum 845.000 4.000
      2,197 words
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      Lock icon TOKYO
      1614 19 AFF Pfflkkoaas -106J6 JAPANESE share prices tumbled yesterday as the yen slipped against the dollar after US ratings agency Moody's Investors Service warned it might downgrade Japan's credit status, brokers said. Domestic institutions stuck to the sidelines on the eve of the election of the Liberal Democratic Party (LDP)
      AFF  -  1,614 words
    • Article, Illustration
      Lock icon HONGKONG
      1485 20 AFP PHangSeng -244.47 HONGKONG share prices slumped 2.9 per cent for the second successive day yesterday following a three-day losing streak on Wall Street and a weakening Japanese yen, dealers said. "Sentiment has been dampened by US Federal Reserve Board chairman Alan Greenspan's comments that Asian economies have not
      AFP  -  1,485 words
    • Article, Illustration
      Lock icon CHINA
      633 20 Reuters AFP CI Shenzhen B Index -L4B SHENZHEN'S hard currency B Share Index ended at a new 1998 closing low yesterday on foreign selling prompted by sharp falls in Hongkong stocks and Shanghai-listed B shares, analysts said. Shenzhen's B Share Index closed down 1.48 points, or 2.01 per cent,
      Reuters; AFP; Source: Credit Lyonnais Securities (Asia) Ltd  -  633 words
    • Article
      Lock icon TAIPEI
      367 20 AFP □WP Index -117 TAIWAN stocks finished barely lower yesterday as investors took to the sidelines after Wall Street slumped for the third successive day and the Japanese yen weakened, dealers said. The Taiwan Stock Exchange Weighted Price Index dropped 1.17 points to 7,879.89, following a 0.9 per cent
      AFP  -  367 words
    • Article
      Lock icon WELLINGTON
      268 20 AFP PI Wellington +5.36 NEW Zealand stocks rose 0.3 per cent yesterday on turnover of NZ569.5 million, shrugging off downbeat sentiment on overseas markets. The NZSE-40 Index was up 5.36 points to 2133.75. Telecom Corp rose eight NZ cents to NZ$B.55 while Lion Nathan Ltd went up two NZ
      AFP  -  268 words
    • Article, Illustration
      Lock icon BANGKOK
      771 20 AFP □SETlndei -1032 THAI share prices fell 3.6 per cent yesterday on the back of a weaker Japanese yen and declines in other regional markets, despite improving liquidity in the local economy, analysts said. Analysts said trading was rangebound with some selling of bank issues as a result of
      AFP  -  771 words
    • Article
      Lock icon SEOUL
      412 20 AFP fl Composite Index jjjjl SOUTH Korean shares plunged 5.7 per cent yesterday as investors cashed in profits after a 20 per cent rally and amid jitters over the falling Japanese yen, dealers said. The Korea Stock Exchange Composite Index plummetted 20.61 points at 341.46, the second straight day's
      AFP  -  412 words
    • Article
      Lock icon SYDNEY
      593 20 AFP Q All Ordinaries -1&8 AUSTRALIAN shares closed down 0.7 per cent yesterday due to nervousness about Japanese and US economies and the imminent start of the corporate result reporting season, brokers said. The All Ordinaries Index fell 18.8 points at 2,748.7. The All Industrials lost 29 points to
      AFP  -  593 words
    • Article, Illustration
      Lock icon JAKARTA
      708 20 AFP 13 Composite Index -9-25 INDONESIAN share prices closed almost 2 per cent lower yesterday amid worries over a possible rise in US interest rates and a likely crackdown on a popular faction of the opposition Indonesian Democratic Party (PDI), dealers said. "People are still uncomfortable with the situation
      AFP  -  708 words
    • Article
      Lock icon MANILA
      301 20 AFP Q Manila -3X59 PHILIPPINE share prices closed 2 per cent lower yesterday due to pessimism over the domestic and regional economic situation, analysts said. The Philippine Stock Exchange Composite Index fell 33.59 points to close at 1,678.16. Turnover was 283.5 million shares worth 862 million pesos. —AFP Manti*
      AFP  -  301 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8023 21 INDUSTRIALS ConswiMr products u 1998 Lait Vol Day Net Cap "*h Low Cwnpany Sal* OOP High Law P/E Smil 22 J?2 A|inomoto 189 ,0.4 76.6 '2® Anflkasa 44 -o.S 83 47 44 1.0 64.9 122 *P°"0 F <»od Hlq 131 -4 ,61 135 131 3.8 52 4 388 J?0 208
        8,023 words
      • Article, Illustration
        Lock icon Foreign selling leads 1.5% index fall
        401 21 AFP n Composite Index -&51 MALAYSIA'S key stock index closed 1.5 per cent lower yesterday led by foreign selling in selected index-linked stocks. The Kuala Lumpur Stock Exchange's Composite Index fell 6.51 points to 415.40 while the Second Board Index slipped 0.86 points, or
        AFP  -  401 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
        3129 22 BOMS, LOANS ft WAMANTS Vai Day Last Oust* Ayg stn# Company Sat* COOO) High Low Buyer Sail* Prlea 23.5 9 m 3000 m AMOB c5.S%*****6 10.5 9 11 20.5 5 3160 A Ac*r ******1 US$ 5.5 5 6 95 8.5 3164 Acma ******4 9 -1 5 9 9 9 10
        3,129 words
      • Article
        Intria wrt: tempting but risky
        191 22  -  WARRANT WATCH By\ R Sivanithy THE possible collapse of Malaysia's Intria Bhd serves as a fine reminder of just how wrong things can go when playing with warrants. The stock was hit by news that parent Mekar Idaman is under receivership for defaulting on payment
        191 words
    • Article
      CLOB INTERNATIONAL
      1728 22 Transaction date Jul 23 a rS« -»°"u. c? tsr «c 2 m, !S2? WSB50t 40 20 40 38.5 40 41 5.0 X3 2.6 17.2 410 5 S 5 «nch 133 115 13 115 M SO 1A 78.8 AlCOfH, ,,,.—33 36 4 ON 1A ft c 41 < 60
      1,728 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6202 23 La«t Vol Day Last Oust* M» Olv YM Nat Cap Av« L StNa Company Sala OOO) High Law Buyar SaWar C'»r H P/t Smtl Prlca INDUSTRIALS ♦3 12.5 a K)20 ACE Dynamics20c... 14.5 *0.5 67 15 13.5 14 14.5 0.1 16.5 0.1 18.1 11.9
      6,202 words
    • Article
      SESDAQ
      1207 23 mmm cr or mm l *H. ±**t y_1_ D«r L««t Ouott ON Dtv YM NX Co» Avg U» WW Ciwp—y I* fOOO) M» U« 8»yor Mtar C'vr P/E SmH PrkV 134 SO 2000 ABR HI<k}S 5c 79 40 79 38.5 79 243 64 2049 AS Auto 10c 65.5 -2
      1,207 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        221 24 Stecks Volume •Renong Bhd 50c 10,829,000 •M Resources 9.491,000 Mid-Cont Kk 7,077,000 •Pub Bk Fofeiqn 6,540,000 SingTel 15c 5,614,000 DBS Land 4,839,000 *RHB Cap Bhd 4,834,000 OCBC Foreign 4,265,000 TAC BtIO 200 4,202,000 OUB Foreign 3,843,000 Stocks DBS Foreign 26,776,600 OCBC Foreign 26,345,000 SPH 21,950,734 (JOB Foreign 14,567,563 SingTel 15c
        221 words
      • Article, Illustration
        HOT STOCK
        59 24  -  -by Shiv Taneja MAYBANK closed five cents lower yesterday at $1.37 on a volume of 2.55 million shares, compared with its 10-day traded average of 1.33 million. The counter is heavily oversold, according to the daily and weekly RSI and Stochastics charts. However, the medium-term outlook for this
        59 words
      • Article, Illustration
        STII up after chills over beating in KL market
        702 24  -  STOCK MARKET COMMENTARY Index stays above 1,050 level after threatening to backle under pressure on Wall Street foil, worries over corporate results By R Sivanithy [SINGAPORE] The Straits Times Industrials Index yesterday won a grim, day-long battle to hold onto the
        702 words
      • ON THE GRAPEVINE
        • Article
          Shake-up at IMF's Asian Dept?
          105 24 THE word from Washington is that a shake-up is imminent in the IMFs Asian Department. The story is that many senior mandarins of the institution are less than impressed with the department's handling of the Asian crisis thus far and that pressure is building for
          105 words
        • Article
          More gloom from Dr Doom
          123 24 IT seems that the ever-gloomy Dr Doom of Asia, Marc Faber, has found something new to worry about the prospect of Asian investors jumping from their own regional frying-pan into the European fire. Everybody in Asia is now getting excited about European stocks, he told
          123 words
        • Article
          Cashing in on the Asian crisis
          77 24 DEVELOPERS are a creative lot. With the current standstill in the Malaysian property market, many developers are repackaging their products to cater to the mass market instead of the now moribund high-end segment. Jeffrey Ng, managing director of listed Asia-Pacific Land, is even more
          77 words
        • Article
          Overtime for poision pens
          63 24 WRITERS of poison-pen letters in Malaysia seem to be working overtime nowadays. There has been a flurry of letters against politicians lately, ranging from the usual sex scandals to corruption. More letters are expected to be circulated in Malaysia as politicians jockey for support ahead of
          63 words
        • Article
          Of pegs and pubs
          110 24 AN Englishman who lives in Singapore was back in London recently and was visiting his favourite pub for a pint of the good stuff. The barman was trying to show off his knowledge (or the lack of it) of things Asian, and the topic of Hongkong
          110 words
        • Article
          Okay, art that big a secret
          115 24 LAST week we suggested in this column that Radio Singapore International was one of Singapore's "best kept secrets", as it was not available on FM channels here but on short-wave radio and over the Internet. Well, we were informed yesterday by the Radio Corp
          115 words
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      96 15 i jf HOW TO INFLUENCE YOUR DEALERS and WIN CUSTOMERS Give them a Star Cruises Holiday the ideal incentive Ik Shorter trip closer to home Ik Higher value lower cost Ik Maximum flexibility minimum hassle Ik Customisation possible Ik Reliability guaranteed departure Ik Availability of Auditorium, Seminar Meeting Rooms The
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      1087 16 Deutsche Bank AG IZI (Incorporated in the Federal Republic ot Germany) Consolidated Balance Sheet as of December 31,1997 in millions of DM 31.12.97 31.12.96 Change in% In millions of DM 31.12.97 31.12.96 Change in Assets Liabilities Cash reserve 20,091 23,157 13.2 Deposits from other banks 286,786 213,953 34.0 Placements with,
      1,087 words
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      320 17 O I PERKS I The Enterprise I Payroll Software I (Year 2000 Ready) I PERKS is the Payroll Software you have been waiting for. Designed for Windows9s Logo certified. No Customisation Required. User Defined Fields in the Employee Master. Formula Builder to handle the most complex payroll requirements. A Report
      320 words
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      476 18 REPUBLIC NEW YORK CORPORATION SAFRA REPUBLIC HOLDINGS S.A. v Consolidated Statements of Condition and Summaries of Results These statements and summaries represent the consolidated accounts of Republic New York Corporation and its wholly owned subsidiaries and of Safra Republic Holdings S.A. and its wholly owned subsidiaries. Republic New York Corporation
      476 words
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      18 18 I'm an electrician. jKjffig The Straits Times Classified brightens my business. llißl 1800-737-1166 CaD Today For Results Totnonow.
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      71 20 f calling about\ /See...l told\ /The card we're\ the computer I Y ou this was a J making for Susan I advertised in J deal./ X Yup, we got what V is going to be 7 VThe Straits Times we wanted because real nice! .t c 1 of n c
      71 words
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      50 22 1 'it M v v:.-i« /rv *2t «*r< »■*>■-•■:>* >. 'V ji IHI 1 t I'd like to deliver a for you, "V \Thank you.^^ bouquet of flowers V X <^X d rfIPISMI 1 Tl Buyinfi or sellirut tbrouah The Straits Times Classified is child's play. LMJ Call C.A.T.S. at
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      55 23 j A buyer love this car\ \sEjP 1 the very I f that I found N jf*\ next day. J through j > V The Straits Times J room Classified. j Buying or selling through M vroom... V I w^at a j The Straits Times Classified is child's Play. ißj^-—
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      476 24 BUSINESS X()t i('( S To iKhertise call toll-tree 1800-741 INS 3 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SETA PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) of the Companies Act, Cap.so. that a Final General
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      430 24 NOTICE IS HEREBY GIVEN that, I Chin Chee Wan of Blk 225 Ang Mo Kio Ave 1 #09-579 Singapore *****5, have applied for a Retail Liquor Shop Licence in respect of M/s Chek Noi Minimart located at 10 Jalan Pari Burong Singapore *****6, and that this application will be considered
      430 words
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      Page 24 Advertisements Column 3
      293 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF JIAOTONG ENGINEERING PTE LTD (In Members' Voluntary Liquidation) Extract of Ihe Minutes of an Extraordinary General Meeting of the members of Jiaotong Engineering Pte Ltd held at 8 Robinson Road #08 00. Cosco Building. Singapore *****4
      293 words
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      Page 24 Advertisements Column 4
      1141 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SANFOCO PTE LTD {Members' Voluntary Winding-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 190 Middle Road *12-06 Fortune Centre Singapore *****9 on Tuesday, the 21st day of July 1998
      1,141 words
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      Page 24 Advertisements Column 5
      36 24 Re: Liquor Licence Notice in Business Times on 17 Juh 98 Ong Chin Heng The type of Liquor licence Chu Tat Co. Pte Ltd applied for should read as Retail Liquor Shop and not as published.
      36 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      340 25 Bridge News Reuters LITTLE physical news in the Panamax sector, but as futures always want a direction it chose to follow the Baltic freight Index down (dropped 3 points to 844), Clarkson Securities Ltd said. Oct shed 30 points in thin trade to close at 920. Technically the
      Bridge News; Reuters  -  340 words
    • Article
      MARITIME STOCKS
      264 25 m-wmmmm CWT Distribution 0.36 *0.005 38 ChuanHup_ 0.39 *0.015 246 Cosco invastmant 0.50 FraIgM Links 0.165 -0.005 17 GB Holdings 0.20 unch 19 Hat Sun Hup 0.40 unch 40 Hitachi Zosan 0.54 *0.005 19 IMC Holdings —HK 5.60 Jaya Holdings 0.39 *0.005 9 Jurong Shipyard —7.10 O.25 376
      264 words
    • Article, Illustration
      Lock icon Yangming eyeing three potential acquisitions
      447 25  -  Taiwanese carrier also expects more progress in cross-strait shipping with China By] Felix Chan [SINGAPORE] With the ongoing consolidation in the shipping industry and the recent phenomenon of crossborder alliances, Taiwan's Yangming Marine is warming up to opportunities for mergers or acquisitions. "We are evaluating
      FILE PHOTO  -  447 words
    • Article
      Action in rem against Blasco can proceed in S'pore: High Court
      855 25  -  ADMIRALTY CASEBOOK By Selva Kumar SINGAPORE High Court judge G P Selvam has ruled that a charterer's action in rem against the Black Sea Shipping Company can proceed in the Republic as the High Court has the admiralty jurisdiction
      855 words
    • Article, Illustration
      Keppel-built vessel heads for North Sea
      50 25 [SINGAPORE] Another FPSO (floatingproduction, storage and offloading) vessel has left !^Z Q h Named Varg and built for Saga Petroleum, the vessel is the third S-Sf !S S 3B a P°rey ar d and is headed for the Varg oilfield in the Norwegian sector
      50 words
    • Article
      China's Xiamen port carries out upgrading work
      449 25  -  From P T Bangsberg in Manila UPGRADING work is under way at one of south-eastern China's main ports, with the intention of making it a mul-ti-purpose maritime centre for the eastern part of the country. The first phase is a channel for ships
      449 words
    • Article
      Lock icon HK Ferry hopes to secure renewal of franchise
      130 25 AFX-Asia [HONGKONG] A Hongkong Ferry (Holdings) Co Ltd spokesman said the company is working to secure the renewal of its franchise when it expires in March 1999, adding that any renewal will depend on the outcome of negotiations with the government. She
      AFX-Asia  -  130 words
    • Article, Illustration
      Lock icon Move will muddy the waters
      975 26 ITS SHIPPING DEREGULATION Ocean shipping reforms expected this year will make rates confidential so no one will know what the other is doing MPORTPBQ o .i Journal of Commerce IMPORTERS, exporter and carriers who thrivi on tradition and predict ability will be very un comfortable
      Journal of Commerce  -  975 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      351 26 PAGE Foong Son 8 ANL 3 Fro,a '5 U Accord 8 Frt Links 16 Ahrenkiel 14 Link 4 Appenship 5 Gemartrans 8 tt Astro 3 Genshpg 9 Austral 9 Glory Na* 16 Avant 16 HaiSunHup 8 8 tang Mas 8 Hangli 9 BSA
      351 words
    • Article
      SHIPPING GUIDE
      17934 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone Wj Neme Name Number Number SIN Oetfn Name Name Number Number 21/07 03/09 NYK IKARUCA OtSN 65 *****23 To ABIDJAN (ABJ) 2003 To ®r 0 en?/na AIRCS<BUE> 2 6 Ivory Coast, Cote D'I
      17,934 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        653 41 VoyNo Berth Arrival Dapartura And fttmu »onQsid» 23-07/1800 ,i,,i,liil |3 J" •ongvd# 24.07/1200 KAtSm •to"*** 23.07/2230 81 8*ftJY» J01 23.07/2300 K 8uf.ru I*™ 24.07/0100 5«»JS? J0 23.07/1800 8, B f,„g *****8 J01 23.07/1530 81 sl«i J0 23 07/1500 Bt slSti 4 »nU2 «ioo<jsj<Jt 23.07/2359 St SS 5 J<M
        653 words
      • Article
        CONTAINER SCHEDULES
        1606 41 RECEIVING OF EXPORT FCL CONTAINERS AMD LCL CARGO Booklrtq/fttlanct Rstls Ship Voy Wo Etb/Btr Ptrlod From To From J*- 26/0900 M 23/1500 23/165* 23/1*00 23/1500 23/165* 23/1*00 2* 23/1700 24/0659 24/0*00 20 23/1700 24/0*51 24/OWO 1 24/0700 24/115* 24/1400 4 24/1200 24/145* 24/1700 A* IWV 045 25/0300 U
        1,606 words
      • Article
        GLOBAL HOLIDAYS
        189 41 AB|L Switzerland: National Day. Anf 3 Ireland Republic Of: August Holiday. Aof 10. Singapore: National Day Holiday. South Africa: National Women's Holiday. Angtt. Thailand: HM The Queen's Birthday. An* 15. Austria: Assumption Day. Belgium: Assumption Day. France: Assumption Day. Greece: Assumption Day. Italy: Assumption Day. Luxembourg: Assumption Day.
        189 words
      • Article
        COCKET BUNKER MARKET REPORT
        820 41 TJfIS report, compiled by Cockett Marine OU Ltd. shows price ranges in Us dollars instead at single prlcea for a more comprehensive description at tne market. Prices shown are baaed on average-slxed stem Market movements are Indicated The Cockett Bunker Price Index change and the indl
        820 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        346 41 J lv 7 T*™f* 180 Mu 994.5 0.9 17.1 0.10 84 o 07 OHJl Dwnty Wrtor »nlto Atli Umt+m S«4tm—t No «6om £25 4 0 10 0 1 0 «N*i MO AM 966.7 OJ 16.5 0.07 26 0 03 m t 0 9 y °g °1
        346 words
    • AIR LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Maintenance to blame for SilkAir crash: Boeing
        429 42  -  US plane maker seeks dismissal of USs2sm negligence lawsuit By] Felix Chan [SINGAPORE] In its strongest stand to date, US plane manufacturer Boeing said responsibility for the Silk Air crash last December lay with the airline's aircraft maintenance personnel. The Seattle-based aircraft manufacturer
        FILE PHOTO  -  429 words
      • Article
        Lock icon Technical fault delays HK airport express train
        320 42 Reuters [HONGKONG] Technical problems caused delays on Hongkong's new airport express train yesterday, dealing another blow to the image of the city's beleaguered US$2O billion (Ss34 billion) airport project. A spokesman for the Mass Transit Railway Corp said the technical glitch, described as
        Reuters  -  320 words
      • Article
        Lock icon SAS orders 13 Boeing 737s costing about US$400m
        232 42 Bloomberg [STOCKHOLM] Scandinavian Airlines System, Europe's sixth-largest airline, ordered 13 new 737-600 aircraft worth about US$4OO million (Ss6Bo million) from Boeing Co to expand its fleet for European travel. The contract brings SAS's number of 737-600s on order from Boeing, the world's
        Bloomberg  -  232 words
      • Article
        Lock icon Four bidders eyeing Wellington airport
        234 42 Reuters [WELLINGTON] Four bidders are seeking to buy Wellington International Airport, with Cardiff-based airport management firm TBI in the running alongside consortia from Britain, the US and New Zealand, the Evening Post reported. Final offers to buy the airport are due at the end of
        Reuters  -  234 words
      • Article
        Lock icon Toyota lowers domestic production forecast
        318 42 Bloomberg [TOKYO] Toyota Motor Corp, Japan's largest car maker, has become the second Japanese automaker this week to lower its calendar 1998 domestic production forecast because of poor sales in Japan. The world's third-largest car maker reduced its output target by almost 7 per cent
        Bloomberg  -  318 words
      • Article, Illustration
        Lock icon PAL confident of survival as strike continues
        490 42 Its 28 scheduled domestic, int'l flights will operate, bat there will be delays AFP [MANILA] The Philippine Airlines (PAL) ground crew strike entered its second day yesterday, with management expressing confidence that earlier fears the stoppage could collapse the ailing airline would not
        AFP  -  490 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1755 42 CUT FU6HT TO FU6HT OP 0FO6 1805 S***** 2359 MM* $0230 1910 FtfwoU S0989 1700 S0990 0115 toftcrtaa A***** 0755 KIB44 0040 GMagzhMPftC S0803 1905 C2354 0910 ***** 0755 GA974 2255 C2351 2045 S0804 1020 KL837 1455 K1838 2300 Hanoi VN741 1310 VN742 0905 "***** 2320
        1,755 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      27 25 ITS shipping deregulation will muddy the waters Reforms expected this year will make rates confidential so no one will know what the other is doing. Page 2
      27 words
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      Page 25 Advertisements Column 2
      58 25 i!g=IIIJ> LJ\y V2_J AGENCIES PTE. LTD. PURE NEUTRAL NVOCC TO: USA HONG KONG PUSAN OTHERS if SINGAPORE: MALAYSIA: 120 Tanjong Pagar Road PENANG Tel: 04-*****36 (10 Lines) Mac-Nels House Call: Yen Nee/Miss Khoo Singapore *****2 P.KEU\NG Tel: 03-*****77 (12 Lines) Tel: *****22 (24 Lines) Call: Jackie/Cheryl/Callie Call: Linda/Suba PASIR GUDANG
      58 words
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      Page 25 Advertisements Column 3
      19 25 Maintenance to blame for Silk Air crash: Boeing US plane maker seeks dismissal of USs2sm negligence lawsuit. Back Page
      19 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      690 26 NORTH AMERICA I EXPORT OTHER DESTINATIONS I OOfl IKmrjlW. y, BB *0T SM IUMZAMUO OUBUVBmOA OUliO MUMtf mmutim c trnmrnti H/#7 a/w m um 12/ M ii/M 17/01 cjwuim 1413S TsTw «7m »7oi ti/tt «77m m/m m/»T s zz :z sz s: 22 zz zz zz > —i-1-» S i
      690 words
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      Page 26 Advertisements Column 2
      90 26 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW POWTS Hong Kong All China Parti (EVERY THUR sun vessel) VESStI VOY HP SIN ETA TYO ETA KOf ETA YOK ETA NCO ETA OSA HOUSTON YOU 57 26
      90 words
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      Page 26 Advertisements Column 3
      654 26 ljnes 4 services represented w u iff©!;) M rr S^ theße Str yo' angapjySSS Orders Accredited Shipping Agents SjMV Assooanon Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMMEk/FUMANTIE (MONTHLY SERVICE) MV "ARKTIS BLUE" V.9802 ETA SIN 24/07/98 BOOKINGS CALL JUUA/MONICA TEL 323 4374 EXPORT
      654 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1014 27 TO EUROPE FROM EUROPE VESSEI VOY SIN RTM ARB HAM RRV SOU FXT LIH j [vESSEI VOY KTIK M« HUM WV SOU FCT lEH Ml MAAS 524W 24/07 09/08 11/08 14/06 15/08 Ml AMAZONTE Oltf OMIT 03/07 05/07 24/07 mucmm mm 27/0713/oa is/os la/os i2/o< hy general *****2/07 04/07 07/07
      1,014 words
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      Page 27 Advertisements Column 2
      2014 27 HANJIN SHIPPING HANJIN SHIPPING (5) PTE LTD h* //wwm ho*n com lOOKINC 32******3/ SALES *****24 231 OOCUNET 37M771 274 OPEIATIONS *****41 252 MAIN LIME *****55 FAX *****40 CI NO **********0* TO NW USA CANADA USA CANADA* FM VSL/VOY I RAM ISM UNEHAUL/VOY \~**l TIW I DEN I PDX Of MSP
      2,014 words
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      Page 27 Advertisements Column 3
      514 27 FULLY CONTAINIIHIP PIPICATIP SIKVUH VESSEL VOY_ _SIN_ PKG VOY SIN HKG KEL USA PUS PKG I VESSEL 1 YQvHIOjKT MOWTANIA 10S 19/07 21/07 lON 22/07 26/07 20/07 30/07 31/07 jjs |^^ip A L^^m T £g |3$ Hl'/p;! p^ofl KMTC ULSAN BIOS 24/07 31/07 02/00 04/00 OS/00 MONTANIA lIS M/M I
      514 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1174 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITERRANEAI^CANADA *2L_ J5 LW WW HAM WV PH VtSStl VOY Ml JED GfT ~SPt FOt WX MTB HAUM SAM FRANCISM m S 'J 15 13 SHAMSHAI StH*TOR WMCM 30 07 10 01 10 00 10 00 20 00 22 00 20 00 M 11
      1,174 words
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      Page 28 Advertisements Column 2
      1136 28 I w«b Sit*: http: //www.yinl.eonvtw I liil tk E-mall Address C*ohp72o.yml com tw nmx WHKLY EVERY THJRSOAY/SUNCMY MINGWEST ?B°29W 26/07 55 14/8 S IMM MING GLORY AB3OW 3V07 22AM o2£ HUMBER BRIDGE JB3OW 02/08 19/08 2VOB KK» 24/08 MING MOON AB3IW g 7 /08 gg gg §jjg CTTYOF LONDON &4/238W
      1,136 words
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      Page 28 Advertisements Column 3
      470 28 igfe "5 JESSELTON LINE TILi 21M496 PAXi 15«21ia r muara labuan I vtssa vor to fta vtssa vor to iu SPOtf MUAIA SPOKI LM AlWtOOtr Vl*/* 27/07 30/07 AfOROOtT Vl*/* 27/07 Jl/07 i*osra vi*/* 02/00 os/oo aiwww vi*/* 02/00 00/00 AMHiaOOT V2OE/* 05/00 00/00 «n*GU*T V2OI/* 05/00 09/00 I iwosra
      470 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1350 29 VESSEL VOY SIN PGU PKG PEN PQB DUB SHJ BA BIK IRAN MATIN PJL 1297 17/07 26/07 IRAN HESABI PJL 1304 29/07 06/08 07/08 07/08 08/08 I^ KHTI PJL 1300 06/08 14/08 15/08 15/08 16/08 IRAN TEYFOURI PJL 1304 17/08 25/08 26/08 26/08 27/08 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS
      1,350 words
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      Page 29 Advertisements Column 2
      1375 29 ALL-WATER DIRECT TO NEWYORK,M2BDAYS T0 W m- TMIMO 4205M2 JOHOMOfHa is- Ms"-'. TAMCHI/DIS3S 30/07 11/08 20/01 17/08 77/01 L,_, 14/07 IW 24/07 WStl fiff Sfi IW 'W 01/W JIMGTOHE/OOOOE 01/ M KM n/r* na,n WNHE/0023W 20/07 18/07 23/07 27/07 LUOBAH€/0004E 03/07 05/07 07/07 24/07 25/07 08/08 ESS SS W/M SEME™.
      1,375 words
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      Page 29 Advertisements Column 3
      594 29 'jrg-i EASTERN CAR LINER, LTD.' T, Z^lT 2 f-=J ECL (SINGAPORE) PTE LIP 1 SPECIALIZE IN RORO ft HEAVY LIFT UPTO 122 TONS ECL (SINGAPORE) PTE LTD LOAD NG FOR YANGON/CHITTAGONG PORT KLANG/BATAM/MANILA MV "TRONO" V.134 MV "SPRING TRADER V.23 ETA SJN 27/07/98 ETA YGN 31 /07/98 A IKI a
      594 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1997 30 d rvTrnrm-rn europe/uk/scandinavia/finlano/russia r nrtinrc Qui mo I ill DM H »G THP ZEE LHV LHV TMP ROM ANW HBG PKL SCP i nfu?, L R 2L°£, 225® 21/ M W/M 22/ M 24/ M 25/ M »/M E REACH RE-019 29/06 27/07 30/06 01/07 03/07 25/07 27/07 I N/M
      1,997 words
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      Page 30 Advertisements Column 2
      441 30 /CZ > llSm. NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VlSStl VOT I SIX I PLU DUK CfT 1 K/lAT NANTAI PRINCE V.023S 26/07 09/08 14/08 WAWTAI VtWUS V.028S 03/ M 11/Qg "T6/Q8 21/01 24/ M GOUKN DRAGON VOO6S 10/01 20/ M 24/08 28/06 HANSA CASTHIA y.OOIS 16/08
      441 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      431 31 MM MYANMA pBBk FIVE STAR LINE (MyoMor National Ltao) Loading for Yanfoa (Rangoon) vissa vov sw Ptt pen phi MON6U isw SU> srrrwi nw su> MALARIA AGENTS: lOUSTIAO SHIPPING AGENCIES KUL TU (03)*****00 PKL TR (03)*****01 PEN: TU (04)*****02 PGU: TEL (07)*****21/4 BANK LINE (A iwvk« of Andrtw Wtlf Shipping)
      431 words
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      Page 31 Advertisements Column 2
      1197 31 HYUNDAI MERCHANT MARINE CO., LTD. ivcsa vor I I sou iwl irw wr haw wv re ivpsa voy sou I i» I rtm am ham irv I Fa I Mil MAAS S24W 24/07 14/01 15/06 09/08 11/00 MY GBERAi. 312E '01/07 07/07 01/07 04/07 JJ/07 NOICYFRME 006W 17/07 12/07 1
      1,197 words
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      Page 31 Advertisements Column 3
      1085 31 spaaokzad oukxaman RJMfj*Vl//£LAfS£/V 1 XP)^CqlC^ TO NORTH AND LATIN AMERICA "RORO HEAYYUFT SERVICE* IVKSa VOY RAMP WIGHT SIN LAX CHI MIA SAV MI Off NYC NEW MM TOURCOtNG FBIS 400 Tom 6.3 M WO9~ ~*****~ 0f709~ ~*****~ WO9 14/09 IS/09 TAPKKA FBl6 4001 MS 6.3 M 15/08 10/09 19/09 77/09
      1,085 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1939 32 ■AMOKOK7MAP TA PHUT/LAEM CHABANO JAKARTA/PAN J A NO VESSEL VOY SIN BKK MTP LCH VESSEL VOV SIN JKT PJN MATHU BHUM 373N 25/07 28/07 31/07 DEJA BHUM 757S 25/07 29/07 ACX JADE 25N 28/07 29/07 3Q/Q7 ANRO QOWA* 043 25/07 29/07 YANTRA BHUM" 2SON 26/07 29/07 3Q/Q7 ACX RUBY> 278
      1,939 words
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      Page 32 Advertisements Column 2
      36 32 LNS EXPRESS (S) PTE LTD Blk 217 Henderson Road, #01-04 Henderson Industrial Park, Singapore *****5 CR NO: **********0/H Air-Sea International Freight Forwarders ¥uAR/jT I Also accepting Heavy Lift Project Cargo Tel: 65-276 7996 Fax: 65-276 3740
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      426 33 INDONESM^ATIONAnN^I TO EUROPE """I EXPRESS SEMI-CONTAINERISED SERVICE VSI vor r S PORE I A OAM/H OAM H BUBG BREMEN ANTWERP VESSEL ZD/IB 25/10 OMIT 05/11 TO AUSTRALIA ~l FULL CONTAINER SERVICE va VOY FBI OWE "sYD WEL H6A <01 FRf AfttMCTAID IBS 3M17W0 HO 1406 17« 2tMK 2KB kasugai Tis
      426 words
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      Page 33 Advertisements Column 2
      866 33 f SaaPff PACIFIC INTERNATIONAL UNES (PTE) LTD I j-——l4o Cecil Street, #03-00 PIL Building, Singapore *****0. I I CR NO **********06 VESSEL VOT PKL SIN™ Flit SYD Kl M *11 API HI PHI sUPi I OOCI ABILITY 019 24/7 24/7 6/8 8/8 11/B IS/I 21/8 22/1 I ÜBRA AUSTIAIIA L8R283
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      Page 33 Advertisements Column 3
      884 33 VESSELS IVQY ISNI JED I I L£H HAM 1 T>4P IffTM ZEE I VXED-OWON Y2BW 27/07 0008 10/06 ia08 19A» 1W08 ZV08 VILLE DE MIMOSA V27W 06/06 14AM 19AM 24AM 26AM 28AM 28/06 2M6 VILLE DE TANYA T27W 1<V08 19AM 24/08 29AM 31AM 02/09 02AM 03A» VILLE DE TAURUS A27W
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      67 35 mßSausaSßl^MW^\ T M STe£| Dial 740-6000 on demand 1 —(Retrieve more schedules!) Press "1" i f Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number I your phone number Another innovative service offered by cte The document Will
      67 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      55 37 VaTAS ST-1 Dial 740-6000 on demand —(Retrieve more schedules!) Press "1" j c _jpv Select the port and key in 5 »®J the four digit code —eg. To New York (NYQ 2275 st£) Key in your fax number I J your phone number Another Innovative service offered by The document
      55 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      1761 38 —SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKINGS CALL DIRECT LIME: *****41/43 JESSICA/CELIA/MEI CHAN 7 slgs/week 2 slg/week |VESSEL VOY paH [~JAK [VESSEL VOY SIN PLB DERAJAT 1309 25/07 (SAT) 28/07 (TUE) TWADIKA
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      Page 38 Advertisements Column 2
      404 38 cccm Singapore Soviet Shipping CPfc a No IOOSOMOOOM k\\l Multiline Shipping PI Wj3) (Wholy-Owwd Sufaiary) a No U7S*****00C 1 VESSEL VOY SIN BOM PNG PKL BUXMOON 115N 28/07 03/06 15/06 16/06 KOTA RUKUN RKN009 06/06 13/06 25/08 26/0fr KOTARATU RTU017 13/08 20/08 01/09 02/09 —A— VESSEL VOY $m CALCUTTA SIM
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      Page 39 Advertisements Column 1
      1048 39 ASIA MEDfTERRANEAN EXPRESS (AME) WESTBOUND SERVICE VESSEL VQY SIN CMB PIR LA SPEZIA 1 VIC liH I FXT ANT I MSCAIEXA 2529_3 31 M Q4 AIJQ 14AUG 17 AUG 19 AUG 23 AUG 24 AUG 25 AUG MSC KERRY 9830-3 06 AUG 10 AUG 20 AUG 23 AUG 25 AUG
      1,048 words
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      Page 39 Advertisements Column 2
      1604 39 CANOPUS 01WA29 So? SSl ifw ffo8 Vma/VQTAg ffflj RTM HAM Hj STORE KOBE NAGOYA SHMI2U TOKYO NY* CASTOR 04WA30 30.07 ISM 17M 1*2 21M HOEOIST EXPRESS 40EA24 29.06 01.07 0107 OMIT 2107 27.07 29.07 31,7 30.07 HOfOIST EXPRESS 40WA31 06.08 22.01 24 OS 25M MM K* SOUTHAMPTON 02EA27 05j07 OMT
      1,604 words
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      Page 39 Advertisements Column 3
      135 39 <S*TOYOIUII SHIPPING CO, LTD. MULTI-PURPOSE VESSEL FOR RO/RO, CONTAINER t BREAK BULK CARGO YESSfI |vor[ n sin jut wj b jpw~ TRANS FUTURE 1 5 26/07 28/07 12/08 FENG U 193 02/08 06/08 19/08 DELPHINUS SI 09/08 11/08 13/08 16/08 17/08 24/08 TRAMS FUTURE 1 6 16/08 18/08 23/08 01/09
      135 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      540 40 I" VESSEL TIGER BAY 638N 28-29/07 02-07/08 12-1308 I TIGER ISLAND 640N OHJ2/06 06-11/08 I TIGER WAVE 639N 04 05/08 10-14/08 19 20/08 I TIGER BRIDGE 641N 07 0at)8 13-17/08 22 23/08 I TIGER BAY 642N 12 13/08 15-2008 25-2&DB I TIGER ISLAND 643N 20-25/08 29-30/08 I I "VESSEL TIGER
      540 words
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      Page 40 Advertisements Column 2
      1045 40 FREIGHT LINKS EXPRESS v Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnat.com.sg DIRECT SERVICE MEXICO (MEXICO CITY) All major ports in Mexico PERU (CALLAO) Lima/La Guaira/ Buenaventura/ Guayaquil/ Valparasio/ La Paz PANAMA (COLON) Costa Rica/ El Salvador/ Guatemala/ Hondoras/ Nicarahua BOOKING PLIASI CALL OUR CUSTOMIR SIRVICI HOTLINE AT > 1800-5A*****
      1,045 words
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      Page 40 Advertisements Column 3
      1063 40 OOCL (Singapore) Pte Ltd CFS Keppel Distrpk 79 Amon Road #21-04 (S) *****6 Btti 513 #01-128 (±>, CR HO **********0H hk 272 7827 For booking JHSI W: *****13 Fax 221 3942 F.x: 272 7825 YdY I T OOCl (Malaysia) Sdn. Bhd. 4 PETALING JAYA T«fc 03-7S6 776 Fm.-03-7565 342 call
      1,063 words
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      115 41 LEGEND R Thunderstorm Temperature /C\ V Shower Weather WinH >f Ro(n ,nd Section with speed in knots Cloudy Sky Wove height S-rfoce Winds ore mooted by arrow, f| y th th# wlnd y n fU C Cte repfe n,i ca °> W and variable winds One holt fWK r, j.
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      129 42 JZTRA_ NOTICE NOTICE IS HEREBY GIVEN that brownish-red Dry Freight Containers of dimensions 20' x 8' x B'6" GP and 40' x 8' x B'6" GP and bearing either a "MATSON" or "XTRA INTERNATIONAL" logo together with a 7 digit serial number prefixed with the initials "MLCU", are wholly owned
      129 words