The Business Times, 30 July 1998

Microfilm: NL21204
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA(P) ll(V12/97 85c SINGAPORE Internet: http://business-times.asial.com.sg/ THURSDAY, JULY 30, 1998
    13 words
  • Article
    MARKET SUMMARY
    64 1 (-616) rjw.au mm 44*39 (-5.41) nROOHP U«3L24 (-9.38) nBTIUA mm ***** (-5.71) MAJUEETMOOD: STOCK MAUET INDICES Wednesday Change KLSE COMP 386.97 -18.91 NIKKEI 16,1(8.99 +4X56 HANQSENQ 7JM6L83 -***** SET INDEX 263.49 XXX JAKARTA COMP _486.19 +157 MAVILACOMP _1*9M7 -23.96 TAIPEI WPI 7,776.33 -648! SEOUL COMP 344.41 +9.98 CLSA
    64 words
  • Article
    FINANCE
    80 1 FOBBXIATES USI St US$ 1.713 £(US$/S$per£) 1.646 181# DM 1.788 0.958 YEN M1.1 1114 RM 4.116 0.416 HK$ 7.746 0121 BAHT 40.77 0.042 MJPIAH 13,160 0.013* 'St to 100 until ia,iou—U.UlJ- »St to 100 units FUME KITES SINGAPORE* 7.88 KUALA LUMPUR 1150 JAKARTA 28.00 BANGKOK 14 75 MANILA 2190
    80 words
  • Article, Illustration
    Lock icon S'pore bourse grapples with fund outflows
    515 1  -  Growing interest in non-Asian fnnds means less liquidity for local stocks By' Wong Wei Kong [SINGAPORE] The growing popularity of non-Asian funds among retail investors in Singapore is good news for fund managers but also represents a potential loss of liquidity for the local
    Source: Dept of Statistics  -  515 words
  • Article, Illustration
    Lock icon Local investors rattled by 4.5% slide in M'sian stocks
    347 1  -  By\ R Sivanithy [SINGAPORE] Sentiment in the local stock market yesterday took a big knock from the slide in Malaysian stocks. The Kuala Lumpur Stock Exchange's Composite Index lost 18.01 points or 4.5 per cent, taking it to 385.97, the lowest
    Source: Bloomberg  -  347 words
  • Article, Illustration
    Lock icon Panpac Media debuts with 69% rise to 30.5 cents
    326 1  -  Speculators out to make a quick buck, say analysts By] Marissa Chew [SINGAPORE] The market may be moribund but there's life in initial public offerings. Magazine publisher Panpac Media made a stunning debut yesterday, with its share price closing 69 per
    Source: Bloomberg  -  326 words
  • Article, Illustration
    Lock icon Miyazawa accepts finance minister post
    658 1  -  Former PM appears to be markets' choice for the job From. Anthony Rowley in Tokyo VETERAN Japanese politician and former prime minister Kiichi Miyazawa has agreed to be the country's finance minister in a new cabinet which Prime Ministerdesignate Keizo Obuchi will formally announce today
    REUTERS  -  658 words
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      132 1 mane Big mistake Forcing M'sian shippers to use domestic ports will be a grave mistake as it will only hurt the country's own competitiveness, writes Shipping Editor George Joseph, Shipping Time* Pgl Tng-«f-war drama The Rolls-Royce sale saga unfolds iike a long-run-ning soap opera with a series of twists and
      132 words
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      9 1 KL may need to raise banks'foreign equity, Pg 5
      9 words
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      42 1 j^HH^ s^Et fl Si-H^it'' v > ftfoi -•-i >D '?&<%£?s iSmm* ■k. XV J. TT"'® t,V J** jg *t ,1£ JSk Fort Canning Country Club "'V^'^i^^ffiff 11 Canning Walk, Singapore *****1 "^^^p-^^^^^^BBSBgti Tel: 336 6947 sfS^v Visit our Website at http:ZAvwwtunglok.com Zi^'it' :^^^mSg^Sk
      42 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      DBS Land's Melrose Park scheme attracts few
      372 2  -  Two units sold since lannch of mortgage subsidy plan; 10 units being negotiated By: Diana Oon HOUSEHUNTERS are not biting the newest and most novel offer in the market DBS Land's mortgage subsidy scheme for Melrose Park in Zion Road. As of yesterday,
      372 words
    • Article
      97% of contractors polled hit by crisis but 70% say they won't quit
      373 2  -  Most expect to retrench, downsize or reorganise By David Boey ALTHOUGH close to 97 per cent of contractors surveyed by the Singapore Contractors Association Limited (Seal) say the economic crisis has hit their businesses, seven in 10
      373 words
    • Article
      Changes in demand, costs leading to swings in airfares
      271 2  -  Ny Ang Wan May LOWER passenger volumes and increased costs have led to rapid swings in airfares in the Asia-Pacific region, according to findings of the latest American Express airfare index. The index found that across the region, airfares were up
      271 words
    • Article, Illustration
      Lock icon 'Dull' exports, so zero growth?
      298 2  -  EYE ON TEE ECONOMY Outlook By, Audrey Tan CONTINUED weakness in Singapore's export performance win lead to zero growth for the economy this year, JP Morgan expects. In its latest Asean Data Watch, the US investment bank says Singapore's export profile suggests that its short-term
      Source: J P Morgan  -  298 words
    • Article
      New sponsors for EDB scholarships
      330 2  -  By, Annette Pau THE economic slowdown notwithstanding, 12 local manufacturing companies are among some 30 private and public sponsors of this year's Economic Development Board and Singapore Inc undergraduate scholarships. There are seven new sponsors for the Promising Local Enterprise-EDB (PLE-EDB) scholarship this year. They
      330 words
    • Article, Illustration
      Lock icon Microbrewery Paulaner Brauhaus throws in towel and closes outlets
      544 2  -  Operator had difficulty paying rent for Wheelock outlet By i Conrad Raj PAULANER Brauhaus, Singapore's best known microbrewery, has apparently called it quits. Both its outlets at Millenia Walk in Marina Square and at Wheelock Place in Orchard Road have been
      CHRIS LOH  -  544 words
    • Article
      More overdrafts cut but situation not serious: bankers
      387 3  -  It would be alarming only if rate of delinquent borrowers goes np sharply, they say By\ Siow Li Sen ALTHOUGH more borrowers have had their overdraft (OD) facilities cut due to the sharp fall in property collateral values, the situation is not
      387 words
    • Article, Illustration
      Lock icon Shell opens $21m DN biotreater plant on Bukom
      376 3  -  By] Marissa Chew SHELL Singapore yesterday opened its $21 million DN biotreater plant, bringing its total investments in environmental projects to $300 million in the last four years. The denitrification-nitrifl-cation or DN biotreater in Shell's Pulau Bukom refinery is a waste water
      SIEW YAW HOONG  -  376 words
    • Article
      MPs seek answers on local firms' plight, possible CPF cut
      267 3  -  Question also on extending property tax rebates By, Audrey Tan THE plight of local businesses and concerns over a possible cut to employers' Central Provident Fund contributions will dominate the question-and-answer session in Parliament tomorrow. Members of Parliament will ask
      267 words
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      1030 2 r mm Union Europeenne de CIC (A BANKWtOkPORATED IN FRANCE) Consolidated Balance Sheet Consolidated Statement Of Income (in FRF million) (jn pRf m j||ion) Ass *k 31.12.1997 31.12.19% 1997 1996 Cash, central banks, Giro accounts 2,153 2,416 Interest income and equivalent 41,767 40 725 Government securities and -on interbank transactions
      1,030 words
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      17 3 Your Sunday reading not complete without Cats' Mews Check it out in Sunday Classified this weekend. CATS.
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      57 3 it r a(ft?! A Ik "11 iih Ilif I'assnl, I II has not only n/i irilli KM IV (Hid Mm nil's; llic I 11 rrru looks scl lo orcilnkc llirin." Sonr< I•: A 111 •> Motor II till Spor I I'.iss.il vHM V\ ts. i us. \l i-1 < .<!■
      57 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Laguna 88 may sell for under $500psf
      614 4  -  Bonvests hopes to launch E Coast condo in Oct; it may also cut prices of Kim Yam Heights for a third time By, Jenny Lam [SINGAPORE] BONVESTS Holdings plans to launch Laguna 88 around October, most likely at an average price of less
      ARTHUR LEE; FILE PHOTO  -  614 words
    • Article
      Far East rebuffs rumours that it is in trouble
      394 4  -  By\ David Boey [SINGAPORE] Far East Organization (FEO) yesterday rebuffed market talk that the company's decision to take up the government's off-bud-get offer of extra time to complete seven of its condominium projects is a sign that the company is in
      394 words
    • Article
      Many Surrey Rd units up for rent
      383 4  -  Asking prices for the apartments range from $2,000-$3,200 By. Marissa Chew [SINGAPORE] The Surrey Road area, off Newton Road, is awash with apartments for rent. For one, the owner of a four-storey apartment block called Surreyville along Surrey Road will rent out the
      383 words
    • Article
      Colony to invest US$200m in region
      340 4  -  By\ Poo-Cheong Wai Ming [SINGAPORE] American real estate investment company Colony Capital will be pumping at least US$2OO million (*****.7 million) in investments into property markets in the Asia-Pacific region over the next two years. Earlier this year, the firm raised more than US$l
      340 words
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      237 4 Strategic Advice For Office Tenants Changing market conditions have resulted in lower occupancy costs. For a confidential discussion, contact our Commercial Department 9 536 5022 J KBIh ASIA PACIFIC EUROPE NORTH AMERICA Built-in area: 63,000 sq ft With open space Land area: 120,000 sq ft Balance 25 years High ceiling
      237 words
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      145 4 DUXTON SHOPHOUSES WITH A DIFFERENCE 2 meticulously restored conservation shophouses, combining old world charm with modern functionality over 3/4 storeys. Great investment opportunity with 100% occupancy giving good yield. Land: 2550 sq ft, Built-in: 8770 sq ft. Call Maadeline Sunny at *****02 *****21 Buy It Sell It Find It Classified.
      145 words
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      Page 4 Advertisements Column 3
      34 4 Corporate Industrial Building in Tampines FOR SALE area sq ft sq ft Tenure HDB Lease 30 30 yrs wef 1989 Excellent condition Marketing Agent I CB Richard Ellis (Re) Ltd W Tel: 224 8181
      34 words
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      Page 4 Advertisements Column 4
      129 4 Wc provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong 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
      129 words
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Japan industrial output falls 5.2% in Q2
      467 5 BOJ says 16.6t yen package will have temporary impact, calls for more steps AFP, Bloomberg [TOKYO] Japan's industrial output slumped 5.2 per cent in the three months to June, the sharpest quarterly drop in 23 years, despite a slight uptick last month, an
      AFP,; Bloomberg  -  467 words
    • Article
      Lock icon KL may need to up foreign equity in banks: Mier
      441 5 RM25b to fix NPL problem may not be enough, it argnes AFP [KUALA LUMPUR] In the first sign that Malaysia may be considering a rethink on its steadfast refusal to liberalise foreign equity participation in banks, a semi-official think-tank yesterday
      AFP  -  441 words
    • Article
      Petronas ready to take up part of RM20b government bonds
      392 5  -  From. Ruth Wong in Kuala Lumpur MALAYSIA'S cash-rich national oil company Petroliam Nasional (Petronas) is ready to take up part of the 20 billion Malaysian ringgit (SsB.3 billion) long-term bonds to be issued by the government on the recommendation of
      392 words
    • Article
      Lock icon Seoul's June industrial output plummets 13.3%
      279 5 AFP Bloomberg [SEOUL] South Korean companies cut production and investment faster than ever before last month as the economy slumped deeper into its worst recession in more than 40 years. Industrial output fell 13.3 per cent in June from last year due to slumping
      AFP Bloomberg  -  279 words
    • Article, Illustration
      Lock icon Flip side of forex
      50 5 [VANCOUVER] A sign outside a dollar thrift store in Vancouver on Tuesday depicting just the opposite of the Canadian dollar's current strength on the world money market. For thefirst time in history, the Canadian dollar dipped below 50 cents against the US dollar on Monday. REUTERS
      REUTERS  -  50 words
    • Article
      Moody's puts debt of top Thai banks under watch
      382 5  -  USs6.9b in securities will be affected if ratings are cut From, Harish Mehta in Bangkok MOODY'S Investors Service yesterday said that it had placed under review for possible downgrade the long-term debt ratings of the top six Thai commercial banks and
      382 words
    • Article
      Lock icon China B shares plumb new lows on profit worries
      423 5 Fears of yuan devaluation also hurt stocks Reuters, Bloomberg [SHANGHAI] Fears of a devaluation of the yuan and dismal interim profits by listed companies sent China's hard currency B shares to new lows yesterday. Shanghai ended at a record closing low
      Reuters,; Bloomberg  -  423 words
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      62 5 Korean chaebols illegally moved 4.3t won to ailing units, Pg 9 I Warburg Dillon Read Associates I I (Singapore) Pte Ltd I We are pleased to announce that we have changed our name I from I SBC Warburg Associates (Singapore) Pte Ltd I to I Warburg Dillon Read Associates (Singapore)
      62 words
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      1382 6 SUdwestLß SUdwestdeutsche Landesbank (Incorporated in Germany) CONSOLIDATED BALANCE SHEET Asof December 31,1997 CONSOLIDATED STATEMENT OF INCOME Forthe Period January December 1997 Dec. 31,1996 Assets DM DM DM DM thousand Cash funds Interest Income from DM DM DM DM thousand h! n L i. II' 7 1,361 37 21,697 a) lending
      1,382 words
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  • FOCUS
    • Article, Illustration
      Thai dynasties losing control
      1607 7  -  While the more forward-looking and more ultra-conservative groups have managed to weather the crisis, those in between struggle to find capital ity Harish Mehta [BANGKOKI SOME of Thailand's best known business dynasties, saddled with billions of dollars in debt, are losing control of their companies to
      1,607 words
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      529 7 X*c THE PREMIER MEETING PLACE FOR THE OIL ft GAS INDUSTRIES 14 T H AS IA -PA C I FIC VMS!!!/ PETROLEUM CONFERENCE CO* 14-16 SEPTEMBER 1998 RAFFLES CITY CONVENTION CENTRE SINGAPORE j countries has had a far reaching impact on PEAKERS the oil and gas industries. The existing business
      529 words
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      Page 7 Advertisements Column 2
      296 7 l MH I fIHHHHHI I I H H■ I I Alexandra Leng Kee Road Land Area 29,000 sq ft Building 2-storey with fully-aircon showroom/office store (built-up area 20,000 sq ft) Development Potential Plot Ratio 2.5 Application Immediate, suitable for motor trade a wide range of businesses/industries. Tony Teo, Sales Marketing
      296 words
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  • REGION
    • Article
      Taiwan may consider sanctions against Indonesia: minister
      563 8  -  Move comes in response to calls for investment boycott over violence against Chinese in May riots /•Yom Laurence Eyton in Ta ipei PRESSURE is mounting in Taiwan for the adoption of punitive economic sanctions against Indonesia in the wake of violence against ethnic
      563 words
    • Article
      Lock icon Indon atrocities: China expresses concern
      241 8 BEIJING Reuters CHINA has voiced strong concern about rapes and other attacks against ethnic Chinese during May riots in Indonesia and called on Jakarta to investigate the racially-mo-tivated violence, official media said yesterday. The People's Daily, the Communist Party mouthpiece, quoted Foreign Ministry spokesman Tang
      Reuters  -  241 words
    • Article, Illustration
      Oil industry's farewell to planned economy
      619 8  -  CHINA WATCH Two China oil giants launched after mega mergers By Lu Ning ON Monday, China officially launched two revamped oil giants after a mega-merger and reshuffle of assets in the nation's huge petroleum and petrochemical industry. At the centre of the industrial overhaul
      619 words
    • Article
      Lock icon Taiwanese investment in S-E Asia down sharply
      341 8 TAIPEI Bat total investment abroad, excluding China, is up 18%, mainly in C America Reuters HAMMERED by Asia's financial turmoil, Taiwan's overseas investment in South-east Asia fell sharply in the first half of 1998, the Investment Commission said yesterday. Taiwan's total overseas investment,
      Reuters  -  341 words
    • Article
      S'pore lakes helm of ASC in tough times
      368 8  -  ASEAN POST-MINISTERIAL CONFERENCE Grouping challenged by economic crisis, its social impact and Myanmar's politics Reports from. Al Labita in Manila SINGAPORE faces the tortuous task of steering the 31-year-old Asean through turbulent times after it took over yesterday the Asean Standing Committee,
      368 words
    • Article
      Cambodia's Asean seat rests on polls
      185 8 [MANILA] Cambodia's entry into Asean would hinge on whether the results of the country's weekend elections would be fair and credible. One of Singapore Foreign Minister S Jayakumar's first official acts as the new Asean Standing Committee (ASC) chairman was to retain the Asean
      185 words
    • Article
      Villagers disrupt work at Sumatra pulp mill
      318 8  -  hYom Shoeb Kagda in Jakarta ASIA Pacific Resources International Holdings (APRIL), which operates a pulp and rayon mill in north Sumatra through its 62 per cent subsidiary Indorayon Porsea, has found itself caught in the fallout from the social and economic upheaval that
      318 words
    • Article, Illustration
      Lock icon Lifting of property loan rule fails to boost Hang Seng
      422 8  -  Market hit by talk of currency fall and more provisions by property groaps Prom Quak Hiang Whai in Hongkong THE government's decision to withdraw the guideline on property exposure for Hongkong financial institutions failed to lift market sentiment yesterday as
      REUTERS  -  422 words
    • Article
      Dr M on Soh Chee Wen's police report
      172 8 KUALA LUMPUR MALAYSIAN Prime Minister Mahathir Mohamad has said the corporate figure named in businessman Soh Chee Wen' 6 police report lodged on June 4 is not related to any minister. "The corporate figure named is not a son of a minister
      172 words
    • Article
      Lock icon Muslim groups protest against Indon state ideology
      216 8 JAKARTA AFP REPRESENTATIVES of Muslim groups slipped into the state secretariat here yesterday to present a petition to the president demanding that political parties be freed from state ideology. Unfurling green banners and posters, the group of some 30 protesters were met by
      AFP  -  216 words
    • Article
      Korean chaebols illegally moved 4.3t won to ailing units
      499 9  -  Fond transfers led to heavy corporate borrowing, says fair trade watchdog Frorn< Jennifer Veale in Seoul SOUTH Korea's top five conglomerates illegally funnelled more than 4.3 trillion won (Sss.B billion) to more than a hundred of their cash-poor subsidiaries, in a
      499 words
    • Article
      NZ govt loses its majority but PM says it can go on
      377 9  -  Instability causing crisis of confidence among businesses From. David McLoughlin in Auckland NEW Zealand Prime Minister Jenny Shipley claims her disintegrating coalition government can continue despite losing its majority in Parliament yesterday after an MP resigned from her
      377 words
    • Article
      Lock icon Indian rightwing group plans anti-MNC drive
      184 9 NEWDELHI AFP A RIGHTWING group with links to India's ruling Hindu nationalist party yesterday said it would launch a nationwide campaign to "liberate" the country from multi-na-tional corporations. The Rashtriya Jagran Manch (National Awakening Forum) said the seven-day programme, ending on the 51st anniversary
      AFP  -  184 words
    • Article, Illustration
      Lock icon Carping about floods
      81 9 [TE KAUWHATA, New Zealand] Farmers Brian (rear) and Nigel White yesterday carrying some of the thousands of koi carp stranded on their Te Kauwhatafarm. Heavy rain has caused severe flooding in many parts of North Island, and as the flood water subsided, fish were left high and
      REUTERS  -  81 words
    • Article
      Lock icon China leaders firm on closing down PLA Inc
      275 9 BEIJING Communist Party sends ont strong message on issne AFP [BEIJING] China's Communist Party leadership sent out a clear message yesterday that it plans to implement President Jiang Zemin's order to close down the army's multi-billion dollar business empire. The front page
      AFP  -  275 words
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      338 9 by the Admiralty Group, which three brands in Singapore, Our RobllSt Growth include Malaysia and Brunei. our two core buslnssses have grown fire prevention and protection Our contract manufacturing from strength to strength overtho W systems operation is also ISO 9002 l*t throe years t^e Q roup electrical systems certified.
      338 words
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  • REGION/WORLD
    • Article, Illustration
      Lock icon Moves show Starr is close to making a case against Clinton
      971 10  -  If he succeeds, it could paralyse US policy-making for several months, even bring down president Prom Leon Hadar in Washington TUESDAY'S announcement that Monica Lewinsky and her mother would receive complete immunity in return for cooperating with Kenneth Starr's
      AFP  -  971 words
    • Article
      Lock icon US factory orders for durables fall 0.2% in June
      544 10 WASHINGTON Excluding volatile transport category, orders rise 1.9% Bloomberg FACTORY orders for big-tick-et goods declined in June, driven lower by a fall-off in demand for aircraft and cars. Outside of transportation, orders posted the strongest gain in almost a year. Total
      Bloomberg  -  544 words
    • Article
      Lock icon GM, union agree to end 2 strikes
      412 10 FLINT, Michigan Bloomberg GENERAL Motors Corp and the United Auto Workers tentatively have agreed to end two strikes that crippled the world's largest automaker, cost workers millions in lost pay and slowed US economic growth. About 9,200 strikers at two Flint, Michigan, parts
      Bloomberg  -  412 words
    • Article
      Lock icon Serious e-mail security flaw discovered
      237 10 NEW YORK AFP MILLIONS of computers are vulnerable to cyber-attack due to a serious security flaw discovered in Microsoft and Netscape e-mail programs, The New York Times reported yesterday. The flaw would allow someone to send a computer virus that could cause a computer to
      AFP  -  237 words
    • Article
      Lock icon Weak UK data likely to keep rates on hold
      392 10 LONDON Reuter A RELENTLESS stream of weak data on the British economy has strengthened the hand of the doves at the Bank of England and likely tipped the balance towards no rate change next week, analysts said yesterday. The decision is
      Reuter  -  392 words
    • Article
      Lock icon Sultan of Brunei removes brother as head of overseas investment arm
      425 10 BANDAR SERI BEGAWAN Agency's shake-up latest sign of fall-oat between them Reuters THE Sultan of Brunei yesterday stripped his brother, Prince Jefri Bolkiah, of control over the oil-rich sultanate's overseas investment arm and a telecommunications empire. It was the
      Reuters  -  425 words
    • Article
      Lock icon Fast-track majority lacking in US Congress
      160 10 WASHINGTON AFP A VOTE in the House of Representatives to give the US president "fast-track" authority to negotiate trade accords would fail if it came up now, US Trade Representative Charlene Barshefsky said on Tuesday. "We don't wish to see fast track brought up
      AFP  -  160 words
    • Article
      Lock icon US politicians raise record donations
      113 10 WASHINGTON Bloomberg US political parties raised US$ll5 million (*****.9 million) in unregulated "soft money" campaign donations in the last 18 months, a record for a non-presidential election, a campaign watchdog group said yesterday in an analysis of political contributions. Republican Party committees collected US$7O million
      Bloomberg  -  113 words
    • WORLD Watch
      • Article
        Lock icon Clinton slaps sanctions on Russian firms
        51 10 AFP [WASHINGTON] US President Bill Clinton yesterday ordered sanctions against Russian companies accused of selling sensitive missile technology to Iran, Libya and North Korea. The action denies US aid to seven Russian research and manufacturing companies and bars them from exporting goods to the
        AFP  -  51 words
      • Article
        Lock icon Early release planned for IRA prisoners
        73 10 AFP [LONDON] London plans to begin releasing IRA prisoners before the end of their sentences despite doubts over the group's year-long ceasefire, Northern Ireland 1 5 officials confirmed yesterday. Despite a police announcement that the IRA was the prime suspect for a recent killing,
        AFP  -  73 words
      • Article
        Lock icon Israel MPs vote to dissolve Parliament
        70 10 AFP [JERUSALEM] Israeli MPs voted in favour of dissolving Parliament yesterday in a first reading of a motion submitted by the left-wing opposition to protest against Prime Minister Benjamin Netanyahu's handling of the peace process. The motion was passed on the eve of a
        AFP  -  70 words
      • Article
        Lock icon Cheaper holidays for German tourists
        65 10 AFP [MUNICH] Hie single currency, the euro, could cut the holiday bills of German tourists by up to three billion Deutschemarks (552.9 billion) a year, a German bank said yesterday. Tourists would save up to one billion marks alone because they would no longer have
        AFP  -  65 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Deflation the next great global threat
      755 11  -  THE BOTTOM LUTE OPINION By Neil Behrmann The writer is BT's London correspondent DEFLATION has emerged as the critical global economic issue for the first time since the Great Depression. Hiis is the view of investment banks such as Merrill Lynch and HSBC, a
      755 words
    • Article
      IN OTHER WORDS
      105 11 'Why can America, the world's biggest debtor nation, be taking advantage of Japan, the world's biggest creditor?' Shintaro Oshihara a Japanese nationalist, on US demands on Japanese politicians. 'Wall Street wants women's money, and what woman wants to put her money in a place that has a
      105 words
    • Article
      Singapore's own superbank
      660 11 EDITORIAL DOES size matter? This question lies at the nub of the Singapore government's decision to allow DBS Bank to buy POSBank, the national savings bank, for $1.6 billion. The move to combine the two government-owned institutions has been motivated largely by the desire to create a
      660 words
    • Article, Illustration
      Lock icon Subversion of the polls?
      1061 11  -  Japan's LDP election was a victim of blatant outside interference Byi Anthony Rowley The writer isßT's Tokyo correspondent. MALAYSIAN Prime Minister Mahathir Mohamad joked bitterly in Tokyo recently that if global financial markets are supposed to give the nod, or alternatively the thumbs down, to government
      FILE PHOTO  -  1,061 words
    • Article
      WHAT THE OTHERS SAY
      922 11 Ralatfoe calm In Russia THE rollercoaster ride in Russia's financial markets has taken another plunge. The International Monetary Fund support package, announced on July 13, gave only a brief respite, and the equity market is now back to prepackage levels. Only if Russia is seen to
      922 words
  • Page 11 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Ikea's expanding but on its own
      1045 12  -  Sweden's privately-owned furniture giant is eyeing markets in Russia, China, Eastern Europe while aiming to stay independent, says PAUL DE BEHDERN PAUL DE BENDERN Reuters SWEDEN'S privately-owned furniture giant Ikea is plotting to take over living rooms in Russia, China and Eastern Europe. The
      Reuters; FILE PHOTO  -  1,045 words
    • Article, Illustration
      Lock icon Bringing back Yesterday
      720 12 TOURISM Liverpool finally realises that its famed sons can boost the tourist trade NYT [LIVERPOOL] Paul McCartney's yesterday is here today. Beginning yesterday, visitors are now allowed to explore the modest government housing unit where the former Beatle spent his years as a teenager and began life
      NYT; AFP  -  720 words
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      143 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      156 12 THE WEATHER Singapore: Partly cloudy. Temperature (30/21 C) Aafe-PMrffic Lo/Hf* Good. Jerusalem 1&34 cloudy Stockholm 14/22 doudy Anridaad .9/14 doudy Merc 31/41 cloudy Vienna 11*> Aowm Bangkok 27/54 showers Zurich 14/26 doodv jfcyg 22. "28 showers Europe rvwwi Bombay 27/33 showers Amsterdam 1&-22 doudy America* T VHt* Brisbane 12/20 rain
      156 words
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      Page 13 Advertisements Column 1
      372 13 IMi't fM Inn*? I read it it atS MeWSf Cilik Cats' Nmi ii SiWi) Clutifiri Iblt iitlrnJ. J T¥T I CATS. W/V|Ai«A j-A ii/iriA rlino OYI/l Presented Diners Club Offers FREE SOS* Global ;r. I vvnere 10 dine <UIQ CntCrtHin*** Emergency Referrals Whilst overseas. *****45 r 33 60 Dishes ""f
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      Page 13 Advertisements Column 2
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      97 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      821 13 TV&RADIO flcuiihn «i 12 v ;< .V: By Afternoon At The 2.10 TV Innovations. |f|Ui: Movies (cont'd). 3.10 Struggle In The FronI'XS IV n m 0 v 1 1 n 5 w 5.00 News 5 Today Followed tier. 4.00 Kidz Blitz: Walter Mel- By Wheel Of Fortune. 3.50 It Pays
      821 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      305 13 CRYPTIC CROSSWORD ACROSS F T p I p I 5 I B T E j f p~~ 1 Doing a Highland fling (7,3,5) 9 Made Arnold carry one ser- IH IH 9H fIH MH H BK vice-book (7) HI BR JHL_ JH. 10 Citizen in need of discipline 11 French
      305 words
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  • MOTORING
    • Article, Illustration
      M'sian trucks seek new agent
      507 14  -  Several companies keen on Perkasa after C&C declines franchise Byy Christopher Tan [SINGAPORE] Malaysia's first truck brand was expected to debut here in the fourth quarter, but there is now a hitch: a distributor has yet to be found. The rights to the Perkasa range
      507 words
    • Article
      ERP structure allows for lower rates: Mah
      330 14  -  Byy Christopher Tan [SINGAPORE] The newly-re-leased electronic road-pric-ing (ERP) charges may be "complicated" and "confusing", but the structure allows for lower rates than those imposed in the manual system today. Communications Minister Mah Bow Tan said there would be some initial confusion, and
      330 words
    • Article, Illustration
      A tug-of war drama
      726 14  -  COMMENTARY 'Kramer vs Kramer' it Is not, but the Rolls-Royce sale unfolds like the movie By Christopher Tan THE battle for Rolls-Royce could not have been more gripping if some Hollywood scriptwriter had personally dreamed it up. As it turned out, the long-running soap opera had
      726 words
    • Article, Illustration
      Bufori—the classic that never was
      414 14  - Bufori —the classic that never was M 'sian maker sells off equipment, auctions off unsold cars to pay debts Byy Christopher Tan [SINGAPORE] The death knell of Bufori, an ambitious Malaysian sports car project, has been sounded, even before the initiative actually got off the ground. An informed industry source
      414 words
    • Article
      Taxi drivers to benefit from diesel tax cut
      452 14  -  Operators agree to put $750 in drivers' Medisave accounts for the next 5 years By i Christopher Tan [SINGAPORE] Taxi drivers will share the savings that operators will enjoy from a drop in diesel tax in September. Communications Minister Mah Bow Tan
      452 words
    • BUMPER to BUMPER
      • Article
        PARF posers
        108 14 THERE have been some enquiries about PARF benefits following last week's article on the "early scrapping erf luxury cars". Currently, PARF, or preferential additional registration fee, can only be used to offset ARF (additional registration fee) of a new vehicle. But we understand the authorities could soon announce
        108 words
      • Article
        Gold-plated numbers?
        75 14 THE sale of special registration plate numbers goes on. An advertisement appeared on Tuesday for the sale of an SCHIU plate. It says "highest offer secures", but as an indication of the range the owner was looking for, the ad stated that SCUIB was secured at $100,000 in
        75 words
      • Article
        New models for Parisian runway
        83 14 THE 100 th Paris Motor Show, slated for the last 4eek of September, will have its fair share of highlights. These would include the new Mercedes-Benz S-class, Ferrari 355, Maserati Quattroporte, Peugeot 206, and Fcftd Focus. BMW could also display a face-lifted version of its
        83 words
      • Article, Illustration
        Missing core, but show must go on
        84 14 THE Singapore Motor Show in November, meanwhile, will have even more new models than before, despite the absence of core participants like Cycle Carriage, Tan Chong and Intra-Motors. Visitors will get to see fresh new machines like the Saab Estate, Volvo SBO, Jaguar
        84 words
      • Article
        Page a CityCab
        54 14 DATAROAM wireless palmtop users can book afcityCab taxi any time of the day by just clicking the City Cab icon on their screen and keying in their details. This service is provided jointly by City Cab and Sing Tel Paging! Users need only pay the normal booking
        54 words
      • Article, Illustration
        Safety bike
        108 14 THE BMW CI, due in two years' time, offers such a high level of passive safety that Germany's Ministry erf Transport may exempt its rider from wearing a helmet In fact, BMW said wearing a helmet in the CI may increase the chances of neck injuries. This is
        108 words
      • Article
        Remember the ERP
        152 14 FRIENDLY reminders from the Land Transport Authority as electronic road-pricing comes into effect on the Central Expressway Aug 3 and the rest of the restricted zones from Sept 1. First, make it a habit to slot in the cashcard before starting out on a journey. Do not
        152 words
      • Article
        Swopping wheels for heels
        77 14 TRANSIT Link has set up an information booth at the entrance of the Raffles Place MRT station (near Clifford Centre) to assist motorists who are considering switching to public transport. Between now and Aug 7, they can visit the booth—open from 10am to 6pm Monday to
        77 words
      • Article
        Nissan's innovative diesel engine
        146 14  -  Complied by Christopher Tan NISSAN is incorporating its direct-injection diesel engines with advanced combustion control, which recirculates large amounts of exhaust gas into the intake system. Also, fuel and air are mixed more thoroughly via a newly-developed helical port that generates a powerful swirl in the
        146 words
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  • COMPANIES & MARKETS
    • Article
      Australand interim profit soars 142% to A$29m
      373 15  -  DBS Land unit sees earnings momentum continuing in next six months By\ Diana Oon [SINGAPORE] DBS Land's listed subsidiary, Australand, yesterday announced a 142 per cent rise in half-time net profit to A 529.2 million (5530.6 million) on the back of A 5249
      373 words
    • Article, Illustration
      Lock icon IME seeks new core retail businesses
      483 15  -  It sells Yaohan Best stake, may close Mega Mart in Jnrong By. Jenny Lam [SINGAPORE] IMM Multi Enterprise (IME) is seeking new core retail-related businesses as the company may close its Mega Mart store at IMM Building and has just sold out of its
      FILE PHOTO  -  483 words
    • Article
      Berjaya Sports Toto dispels scathing talk
      429 15  -  From Eddie Toh in Kuala Lumpur WILL Malaysian tycoon Vincent Tan keep his promise? Mr Tan, who is a close associate of Malaysian Prime Minister Mahathir Mohamad, has repeatedly stressed that he would not tamper with listed gaming company Berjaya Sports Toto (BST), the
      429 words
    • Article
      Sunright to buy Rood stakes in tie-ups
      191 15 [SINGAPORE] Semiconductor service company Sunright Ltd has agreed to buy its Dutch partner's stake in three joint ventures one each in Singapore, Malaysia and Taiwan at a nominal price. As part of the deal, the company will take over Rood Testhouse International's loans
      191 words
    • Article
      Property market likely to stay gloomy for at least 3 years
      671 15  -  HOCK LOCK SIEW Catherine Ong SINGAPORE is a country that collects statistics on just about everything under the sun. From the very useful such as the rate of inflation, to the not so useful such as the number of
      671 words
    • Article
      Lock icon Indosuez WI Carr names S'pore research chief
      175 15 Bloomberg [SINGAPORE] Christopher Hunt, Indosuez WI Carr's head of Malaysian equity research, has been named head of equity research for the brokerage's Singapore office. Mr Hunt, who replaces Thio Siew Hua. will continue to lead the brokerage's analysts in Malaysia. The stock brokerage
      Bloomberg  -  175 words
    • REGIONAL COMPANIES
      • Article
        Lock icon HSBC expected to post interim net of HK$19.7b to HK$23.1b
        600 16 There's a big swing factor in provisions, says Nikko Research analyst AFX-Asia [HONGKONG) HSBC Holdings pic is expected to report on Monday a first-half net profit of HK519.66 billion (554.3 billion) to HK523.13 billion, with the wide forecast range reflecting
        AFX-Asia  -  600 words
      • Article
        ING Barings takes 70% stake in Thai securities firm
        405 16  -  From, Harish Mehta in Bangkok ING Barings yesterday bought a 70 per cent stake in one of Thailand's smallest securities firms, Afco Securities Corporation Ltd, for an undisclosed sum. The move is part of a trend that has seen local brokerages
        405 words
      • Article
        Lock icon Ideal Pac finds evidence of financial irregularities
        143 16 AFX-Asia [HONGKONG] Ideal Pacific Holdings Ltd said the directors have found evidence of a possible fabrication of sales transactions and accounting records within the company and its units. In a statement, Ideal Pacific said the possible fabrication involves some HK$3OO million (5566.3 million),
        AFX-Asia  -  143 words
      • Article
        Lock icon Gresik bidders face staff opposition
        400 16 Bloomberg [JAKARTA] Cemex SA of Mexico and Holderbank AG of Switzerland, rivals for control of the Indonesian government's PT Semen Gresik, are set to face opposition from within the company when one of them takes charge. Local newspapers have reported that the staff of Gresik's
        Bloomberg  -  400 words
      • Article, Illustration
        Lock icon Sony Q1 net profit up 17.6% on roaring PlayStation sales
        453 16 Demand also robust for camcorders, flat-screen TVs Bloomberg [TOKYO] Sony Corp said first-quarter earnings climbed 17.6 per cent on roaring sales of games for the Play Station home video-game machine and healthy demand in the US, Europe and Japan for
        Bloomberg; FILE PHOTO  -  453 words
      • Article
        Lock icon Jollibee Foods upbeat despite weak economy
        242 16 AFX-Asia [MANILA] Jollibee Foods Corp is keeping its profit projections for 1998, despite the weakening economy, vicepresident for finance Raffy Dela Rosa said yesterday. He said the company remains positive that it can achieve its earnings target, relying on the resiliency of the fastfood
        AFX-Asia  -  242 words
      • Article
        UEM associate Puncak Vista defaults on its debts
        450 16  -  UEM not guarantor for lo&ns, so it's not likely to be affected FYornMt Meera Tharmaratnam in Kuala Lumpur ANOTHER United Engineers (Malaysia) associate has defaulted on its debts but, as before, the listed toll-road company is unaffected. UEM said yesterday that associate
        450 words
      • Article
        Lock icon Faber Group in talks to sell part of its Sheraton hotel chain
        231 16 Bloomberg MALAYSIA'S cash-strapped Faber Group Bhd is in talks to sell part of its chain of Sheraton hotels in the country to Hilton International Co, a unit of Britain's Ladbroke Group pic. "We have expressed an interest in
        Bloomberg  -  231 words
      • Article
        Lock icon Jaya Tiasa group pre-tax profit dives by 41%
        290 16 Bernama [KUALA LUMPUR] A squeeze on margins as a result of lower selling prices saw timber-based company Jaya Tiasa Holdings Bhd reporting a 41 per cent plunge in group pre-tax profit yesterday to 95.7 million Malaysian ringgit (5539.7 million) for the year
        Bernama  -  290 words
      • Article
        Lock icon KDD to buy Toyota's Teleway for 60b yen
        258 16 Bloomberg [TOKYO] Kokusai Denshin Denwa Co, Japan's largest international phone company, said yesterday it will buy Toyota Corp affiliate Teleway Corp, a domestic longdistance carrier, for 59.87 billion yen (***** million) in new KDD shares. KDD and Teleway agreed to merge on
        Bloomberg  -  258 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon British Telecom Q1 profit falls 19%
        341 17 Results dragged down by higher interest charges and European losses Bloomberg [LONDON] British Telecommunications pic, Britain's biggest telephone company, said yesterday first-quarter net income fell 19 per cent after it incurred higher interest charges associated with its special dividend and its European businesses continued
        Bloomberg  -  341 words
      • Article
        Lock icon Divorce won't affect News Corp ownership
        175 17 Bloomberg [LOS ANGELES] News Corp said ownership and control of the media and entertainment company won't be affected by the pending divorce of chairman Rupert Murdoch and his wife, Anna Murdoch. Mrs Murdoch, who is a News Corp director and vicepresident, filed for divorce
        Bloomberg  -  175 words
      • Article
        Lock icon Cendant chief quits over fraud
        346 17 Management purge after USs7oom financial grand a 1 at former CUC Reuters [NEW YORK] A grim, sevenhour meeting of Cendant Corp's 28 directors in midtown Manhattan on Tuesday ended with the resignation of chairman Walter Forbes and nine directors, the consequence of US$7OO million (Ssl.2
        Reuters  -  346 words
      • Article
        Lock icon VW 1st-half net up 70% on cost-cutting, Audi sales
        189 17 Bloomberg [WOLFSBURG, Germany] Volkswagen AG, Europe's largest carmaker, said firsthalf profit rose 70 per cent as a result of cost-cutting and demand for its more expensive Audi range. Profit rose to 831 million deutschemarks (***** million) from 488 million marks a
        Bloomberg  -  189 words
      • Article
        Lock icon Merck plans US$5b stock buyback
        372 17 Bloomberg [WHITEHOUSE STATION, New Jersey] Merck Co, the world's biggest drugmaker, said it will buy back as much as US$5 billion (SsB.6 billion) in stock and raise its quarterly dividend 20 per cent after getting US$4 billion in cash as it quit two joint ventures.
        Bloomberg  -  372 words
      • Article, Illustration
        Lock icon On the auction block
        97 17 [RIO DE JANEIRO] Brazilians talking on public telephones known as orelhao (the big ear) which display the logo of telecommunications company Telerj, one of the 12 subsidiaries of state-owned Telebras. Telerj goes on the auction block this week as Brazil conducts Latin America's biggest privatisation exercise
        REUTERS  -  97 words
      • Article
        Lock icon Microsoft countersues 20 American states
        262 17 Bloomberg (WASHINGTON) Microsoft Corp has denied it committed any anti-trust violations and countersued 20 American states that had charged it with anti-competitive behaviour. The company said the states unconstitutionally undermined its software property rights. The world's largest software maker on Tuesday filed a formal denial
        Bloomberg  -  262 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon National Australia Bank losing CEO next year
        461 18 NAB statement fuels market talk that he will take over helm at BHP AFP (SYDNEY] National Australia Bank Ltd said on Tuesday that its chief executive Don Argus would step down next year, fuelling market rumours that Mr Argus could become chairman of
        AFP; FILE PHOTO  -  461 words
      • Article
        Lock icon Lloyds TSB to acquire Countrywide to merge with NZ unit
        260 18 Bloomberg [WELLINGTON] Lloyds TSB pic plans to buy Countrywide Banking Corp and merge it with its own New Zealand banking unit to create a rival to the nation's largest bank. Bank of Scotland agreed to sell Countrywide to Lloyds unit
        Bloomberg  -  260 words
      • Article
        Lock icon Merrill Lynch files to sell US$20b securities
        178 18 Bloomberg [WASHINGTON] Merrill Lynch Co filed with the US Securities and Exchange Commission to sell as much as US$2O billion (5534.4 billion) of securities, the largest such registration in its history. The brokerage would be able to sell debt securities, warrants and preferred
        Bloomberg  -  178 words
      • Article
        Lock icon Guardian Royal profit down 7.5%
        240 18 Bloomberg [LONDON) Guardian Royal Exchange pic, Britain's fifthlargest insurer, said first-half operating profit fell 7.5 per cent due to weather-related losses in its general insurance business. The company said operating profit was £464 million (Ssl.3 billion), or 36.8 pence per share, down from £502 million,
        Bloomberg  -  240 words
      • Article
        Lock icon Commerzbank buys 30% stake in Korean bank
        397 18 German bank is first foreign institution to invest in sector AFP [SEOUL] Germany's Cqoi merzbank AG on Tuesday came the first foreign banlHo invest in South Korea's limping banking sector when it took a 350 billion won (*****.3 million) stake in Korea Exchange
        AFP  -  397 words
      • Article
        Lock icon Osaka to list mutual funds in December
        167 18 Reuters [OSAKA] The Osaka Securities Exchange plans to establish a market that lists Japanese and overseas mutual funds in December when Japan will deregulate corpo-rate-style mutual funds at home, OSE president Kyoji Kitamura said yesterday. He also said that the OSE hopes to
        Reuters  -  167 words
      • Article
        Lock icon JGBs firm as BOJ paints gloomy picture
        269 18 ftimri ikßeport Reuters [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures perked up yesterday after Bank of Japan (BOJ) governor Masaru Hayami sounded a pessimistic note on the country's economy. Mr Hayami said the economy was unlikely to swiftly get back on
        Reuters  -  269 words
      • Article
        Earnings worries add to bearish mood
        177 18  -  MSGK TAIWAN FUTURES Charlie Kuo Charlie Kuo, service dealer, Refco Singapore THE Simex MSCI Taiwan Stock Index futures continued to fall as investors were nervous about corporate earnings and a possible correction of "some significant size" in the US stock market which experienced a
        177 words
      • Article
        Lock icon Kuwait sees need for more output cuts
        221 18 ENERGY REPORT Reuters [KUWAIT] Kuwait said yesterday a third round of collective oil output cuts must be agreed to if North Sea Brent crude fails to rise to US$l7 a barrel by November. Opec (Organisation of Petroleum Exporting Countries) ministers are scheduled to
        Reuters  -  221 words
      • Article
        Lock icon CURRENCY REPORT
        291 18 AFP London THE yen dipped against most major currencies in late trade following rumours that Japan's finance minister-desig-nate Kiichi Miyazawa is to adopt a policy of reflating the economy by actively talking down the yen, dealers said. Michael Lewis of Deutsche Morgan Grenfell said the rumours drove the
        AFP  -  291 words
      • Article, Illustration
        Untitled
        1204 18 DfTERBAMK CROSS RATES MM A$ C$ »m0 ECU ffr Di NM Mh Nptali Yen Won m M$ Pifc»» Hia S$ land Sir HT$ 8afct Eowd «S$ O.W 6.178 0.550 1636 1.096 4.746 26.063 ***** 0.865 7.623 2422 LW6 32.434 25.682 1.050 3401 0.910 21.048 24.995 0.372 0413 SSif 5 541
        1,204 words
    • Article
      COMMODITY PRICES
      1796 19 SICOM 1'UTUIIES jui 29 RIMKR (Mvts closing u it 5.30p«) RSS1 c*«tsAq) CIom Volume Open HjOji low Sott (towns) Interest Aug* JisTio 50 Sjw 124.25 340 Oct 98 123.25 >450 «o* 123.50 1450 0«c 96 124.25 1450 99 126.75 75 2025 Apr/Jun 99 ***** 1950 Jui/Sop 99 135.50
      1,796 words
    • Article
      WORLD STOCK MARKETS
      2262 19 LOtHHHt indastrtafe Mtt ma *h 31 Of OOP 586.000 -13.000 AS Ports 339.000 -3.000 Abbey National 1128.000 79.000 Allied Domecq 562.000 -5.000 Amec 155.000 unch Asda Group 203.000 -2.000 BAT Ind 687 000 -6.000 BC Ptc 389.000 -7.000 8KC 122.000 -10.000 BOC Group 784.000 6.000 BR Petroleum
      2,262 words
    • Article
      Lock icon TOKYO
      1638 19 Bloomberg Q Nikkei 225 +4156 JAPANESE stocks traded little changed as investor optimism that incoming premier Keizo Obuchi would pick a strong cabinet was offset by concerns he won't be able to pull Japan's economy out of recession anytime soon. Mr Obuchi is slated to win election as prime
      Bloomberg  -  1,638 words
    • Article, Illustration
      Lock icon HONGKONG
      1486 20 Bloomberg Q Hang Seng -117.27 STOCKS fell for a third day, led by New World Development Co Ltd, as the government's latest move to bolster the sagging real estate market failed to allay concerns over a deepening recession. The 33-stock benchmark Hang Seng Index dropped 117.27 to 7,808.83, a
      Bloomberg  -  1,486 words
    • Article, Illustration
      Lock icon CHINA
      642 20 Bloomberg, AFP, Reuters n Shenzhen B Index -4-88 THE Shanghai B Share Index tumbled for a seventh day to a record low, while the Shenzhen index fell for a sixth day to its lowest in 27 months. The worse-than-expected earnings from Inner Mongolia Yitai Coal Co prompted investors to
      Bloomberg,; AFP,; Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  642 words
    • Article
      Lock icon TAIPEI
      374 20 AFP □wp Index -5181 TAIWAN share prices closed lower yesterday, paced by food and paper sectors, as sentiment was hit by an overnight loss on Wall Street, dealers said. The Taiwan Stock Exchange Weighted Price Index dropped 54.81 points to 7,775.33, following a 0.8 per cent decline in the
      AFP  -  374 words
    • Article
      Lock icon WELLINGTON
      257 20 AFP CI Wellington -9.02 NEW Zealand stocks closed yesterday down 0.4 per cent in cautious trade amid uncertainties over the direction of overseas markets. The NZSE-40 Index fell 9.02 points to 2,093.04 on turnover of NZ$l7B million. Auckland International Airport Ltd was up seven cents at NZs2.l2.— AFP Mn
      AFP  -  257 words
    • Article, Illustration
      Lock icon BANGKOK
      764 20 AFX-Asia CI SET Index jffl SHARE prices closed lower on the back of weak banks and Financials after Moody's put six banks on review for a possible downgrade, dealers said. They said foreign investors sold Financials and other blue chips on the news as it again raises concerns about
      AFX-Asia  -  764 words
    • Article
      Lock icon SEOUL
      415 20 AFP rl Composite Index +9.08 SOUTH Korean shares yesterday closed up 2.7 per cent on news that an agreement had been reached with the International Monetary Fund (IMF) to expand money supply and lower interest rates. The Composite Index closed 9.08 points higher at 344.41, off a high 0f354.27.
      AFP  -  415 words
    • Article
      Lock icon SYDNEY
      596 20 AFP P All Ordinaries -33 SHARES closed 1.21 per cent weaker yesterday following a stumble in US markets overnight, brokers said. The All Ordinaries Index fell 33 points to close at 2,693.2, tracking a one per cent fall on Wall Street. The All Industrials lost 61.2 points to 4,734.3
      AFP  -  596 words
    • Article, Illustration
      Lock icon JAKARTA
      743 20 AFP M Composite Index +L 57 INDONESIAN shares yesterday closed higher amid a stronger rupiah and optimism on the outcome of a meeting of donors in Paris, dealers said. A dealer with regional brokerage said the strengthening rupiah had improved sentiment on some big cap stocks, particularly those carrying
      AFP  -  743 words
    • Article
      Lock icon MANILA
      306 20 AFP n Manila -23.06 PHILIPPINE share prices fell yesterday due to jitters over economic troubles including a possible recession, analysts said here. The Philippine Stock Exchange Composite Index fell 23.06 points to close at 1,605.27. Volume rose to 412.8 million shares worth 921.3 million pesos. AFP Manila Mining 8
      AFP  -  306 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8574 21 INDUSTRIALS Consumer products 1998 Hit Vol Day Net Cap Hiqh Cow Company Soto OOP High Low P/E $mll *2 wo Ajinomoto 200 unch 1 200 200 1L0 8t.t 40 -5 Angkasa 43 -2 39 44 43 t.0 63.4 ?I2 2? Apollo Food Hlq 136 -2 6 136 136 4.7 54.4
        8,574 words
      • Article, Illustration
        Lock icon Key index falls below 400-point level
        417 21 AFP C 3 Composite Index -18.01 MALAYSIAN shares plunged yesterday to below the psychological 400-point barrier, bogged down by Wall Street's overnight fall in the absence of fresh domestic leads, analysts said. The Composite Index tumbled 18.01 points to end at a nine-year low
        AFP  -  417 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3425 22 BONOS, LOANS WARRANTS k ,9, 1 Last Vol Day Last Ouott A»g High Low Stno Company Sol* *or- COOO) High Low feiyor MKr Prtco 23.5 9 m 3000 m AMDB c5.5%*****6 9.5 unch 2 9.5 95 9 10.5 20.5 4.5 3160 "Acor ******1 US$ 4.5 -0.5 36 5 4.5 4
        3,425 words
      • Article
        Kep T&Ts wrt: snag lies in liquidity
        210 22  -  WARRANT WATCH -/ft R Sivanithy IT'S probably self-evident by now that if one chooses to play the warrant field these days, those issued by blue chips would be the best bet the second-line shares have collapsed so much that they are almost indistinguishable
        210 words
    • Article
      CLOB INTERNATIONAL
      2318 22 Transaction date Jul 29 j Gr Cf 1998 Last Vol Day Last Oust* Mv M* VM Net M Cap High L—r Stno cwimiy Sale COOO> High Laar Buyer Ulr Of W SW "51 28 re s 5000 AlSfl 50t 36.5 70 373 36 36 37 i!o 3J 2.8
      2,318 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6708 23 Transaction date: Jul 29 Cf Cr M W« -l-J Last Vol Day Last Ouote Div 01* Vld Net Cap Avq ™<* J-" StMo Company Salt OOO) High Law Buyer Seller C'vr P/E Smtl Prlca WUITHMLI 43 12.5 a 1020 ACE 0ynamics20c.... 17.5 unch 97
      6,708 words
    • Article
      SESDAQ
      1248 23 6c Gr M Wt <998 Last Val Day Last Oviot. Dlv Dlv Yld Net Cap Avg M, h Low StNo Company Sal* COOP) Low Buyer Seller Cw P/C SmM Price 134 50 0 2000 ABRHIdgsSc 79 45 79 395 79 243 63 0 2049 ASAutoKk 63.5 -1 106 65
      1,248 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        229 24 Stocks Votunw Panpac Media Ltd 55,108,000 Mid-Cont 10c 5,965,000 Lee Kim Tah Ln 4,630,000 HK Land USIOc 4,298,000 •M Resources 4,251,000 Venture M Ln99 3,950,000 Pertama Ln99 3,655,000 •Pub 8k Foreign 3,604,000 UIC 3,548,000 UOB Foreiqn 3,251,000 Stacks D8S Foreign 23,323,610 Panpac Media Ltd 18,567,110 UOB Foreign 16,468,968 OCBC Foreign
        229 words
      • Article, Illustration
        HOT STOCK
        68 24  -  -by Shiv Taneja COMFORT Group closed one and a hall cents lower yesterday at 32 cents on a volume of 2.61 million shares, compared with its 10-day traded average ot 422,400 shares. The counter isj>eavily oversold, according to the daily and weekly RSI and Stochastics In the near
        68 words
      • Article, Illustration
        Market weighed down by recession fears, KL plunge
        699 24  -  STOCK MARKET COMMENTARY Late support helps keep STII above key 1,050-point level; Panpac Media shines, gaining 69% on its first day of trading R Sivanithy [SINGAPORE) A worsening Malaysian market that plunged to a nine-and-a-half-year low and the spectre of a second-half
        699 words
      • ON THE GRAPEVINE
        • Article
          The Organisation Man
          93 24 IN these difficult times, it's not unusual for companies to boost employees' morale through internal publications. Far East Organization's July issue of its in-house Landmark newsletter carries a message from Eddie Yong, group director for marketing and business development, who gives some ideas on how Far East
          93 words
        • Article
          No silly deal
          40 24 THE merger of Post Office Savings Bank and DBS Bank, according to a coffee shop conversation, is like a marriage between an Informal people's bank and the aggressive, business-like DBS (they call it "Don't Be Silly") Bank.
          40 words
        • Article
          Any defence for this?
          61 24 THE British Ministry of Defence spends U*****.39 (*****.1) to purchase a US$l.6l padlock as a result of the paperwork, bureaucracy and time needed to raise the purchase order, according to the British paper, the Dally Telegraph. An industry survey commissioned by Visa International shows that the
          61 words
        • Article
          Best brew in the world
          138 24 IT may be losing millions but Asia Pacific Brewery's plant In Hainan apparently produces the best brew in the world. Tiger, the plant's premium lager, beat more than 191 international entrants to become the overall champion in the international lager category at the prestigious Brewing
          138 words
        • Article
          Poor auditors
          104 24 IT'S about time that Internal auditors employ spin doctors to brush up their image. It seems, according to Fang Ai Lian, managing partner at Ernst Young, internal auditors have It really tough. 'They are the most disliked people around and they have no career progression and it's a
          104 words
        • Article
          This casino needs no key
          176 24 WELL, the world's largest casino is not in Las Vegas, Atlantic City, Monaco or Macau but in the HttTe heard place of Foxwoods, Connecticut, and it belongs to the less heard Mashantucket Pequot Tribal Nation at last count there were 500 of them running around.
          176 words
  • Page 15 Advertisements
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      104 15 i^ c MWkWmmlmk r 'i 1 ■> 4F I/iji Jf JEW J| Bii ,jS vr L •> L.orofite disolavs%fe elegaftoJJu welleniMffiae. fc&jjflsion of at) igh-r*T*«"fcfTPftnce tnff fn faffr a wi^hffiitk^ n^^<^m»*<"«> Fashioned fn gold or in platinum, diis by Vacheron Constantin makes time stand stfll at will. The better to
      104 words
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      35 16 BUY<* SELL* Classified ads put home-seekers on solid ground. No matter what it is, you can always buy it, sell it or find it with the Classified TOLL PRE 1800-737-*****2J Coll Today For Results Tomorrow.
      35 words
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      630 17 Islamic Banking Finance: Towards A Global Vision < Over 130 banks and financial institutions worldwide are practising the I 2 I principles of Islamic banking and Finance. These institutions now manage ■■■■I M more than US$BO billion which is growing at an annual rate of nearly IS M percent. Islamic
      630 words
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      32 20 z' advertisement in Janice f! .V- f bouquet of flowers N. miss JJ > mZnKMfim? 7 V Buyina or selling through The Straits Times Classified is child's play. L Call CATS, at 1800-737-1166.
      32 words
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      Page 22 Advertisements Column 1
      89 22 Hello? I m calling about\ /C3osh, you re\ P u\ 1 found my pet through your advertisement in great...just like .J. r>i r j 1 I j 1 I i j II The Straits Times Classified. I I The Straits Times Classified... I the ad M nil j l j
      89 words
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      118 23 PRADOVIT 150IR APO-TELEVID 77 Angular APO-TELEVID 77 Straight minilux Z2X mini 3 MM an dMßfi our recommendations for a diversified portfolio. HRH When you're looking for safe investments, you can on Leica cameras, binoculars, II telescopes and slide projectors. Its German technology you can bank on. TRINOVID TRINOVID TRINOVID new
      118 words
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      Page 24 Advertisements Column 1
      516 24 BUSINESS NotiCeS To advertise call toll-free 1800-741 18X3 the companies act, cap. so FIRST DAI.AT SERVICES PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION! At an Extraordinary General Meeting of the Members of FIRST DAI.AT SERVICES PTE LTD. duly convened and held at 11)1 Upper Cross Street #<>4 41 People s Park
      516 words
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      Page 24 Advertisements Column 2
      527 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of HEURASIA SINGAPORE PTE LTD (IN MEMBERS'VOLUNTARY WINDING-UP) At an T.xtraordinary (icncral Meeting of the Members of the abovenamed Company duly convened and held at 27A Hillvicw Terrace. Singapore ftA924l on 27 July 1998 the Special Resolutions
      527 words
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      Page 24 Advertisements Column 3
      504 24 IN THE MATTER OE THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 2W (2) <B) AND IN THE MATTER OE HALL GATES PTE I.TD <Members' Yoluntarv Winding L'p) Al an Extraordinary General Meeting of the above-named Company duly convened and held al 257 Selegie Road. #05-283 Selegie Complex. Singapore IXXISO
      504 words
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      Page 24 Advertisements Column 4
      635 24 I NOTICE I NOTICE IS HEREBY GIVEN that, I LEE MAY MAY of Apt Blk 35 Jalan Rumah Tinggi #13-499, Singapore *****5, have applied for a Beer House First Class Licence in respect of M/s VICTORY GREEN EATING HOUSE Located at 21, Hougang Green Shopping Mall, Hongang Street 51 #01-51
      635 words
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      Page 24 Advertisements Column 5
      313 24 NOTICE IS HEREBY GIVEN that, I Wandee Sae-Yeh of 5001 Beach Road #11-21 Singapore *****8, have applied for a Public House, First Class Licence in respect of M/s Golden Mile Thai Cafe located at 5001 Beach Road. #01-70/71/72, Golden Mile Complex Singapore *****8. and that this application will be considered
      313 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      315 25 Bridge News, Reuters PAN AM AX rates continue to weaken, with little hope of a rally in the near future. Pacific rates are now definitely on a slide towards the current low rates of the Atlantic. Seatrans has booked a 1980's built 66,000-deadweight-tonne vessel for mid August delivery
      Bridge News,; Reuters  -  315 words
    • Article
      MARITIME STOCKS
      278 25 iw ■w» a v»i CWT Distribution 0.34 -0.01 14 Chuan Hup 0.38 -0.01 SO Coaco Invastfnont 0.495 -0.005 12 Fr#tohtLH*» 0.1SS unch 31 08 Holdings 0.195 -O.OOS 13 Hal Sun Hup 0.-9 -O.OOS 43 Hitachi Zosan 0.535 unch 13 IMC Holdings —HK 5.60 Jaya Holding* 0J9S *0.005 21
      278 words
    • Article
      CP Ships, TMM form US$1b joint venture
      385 25  -  New firm will incorporate CP Ships' Lykes, I varan lines and container shipping arm of TMM From David Hughes in London CANADIAN Pacific's UKbased subsidiary CP Ships and the principal Mexican liner company Transportacion Maritima Mexicana (TMM) are joining forces in a 50-50
      385 words
    • Article
      Low prices in Asian yards, high-value contracts in Europe
      841 25  -  NEWBUXLDS By. David Hughes THERE has been a surge of activity in the newbuilding scene over the past fortnight with a number of significant orders placed and indications and rumours of more to come in the near future. A glance at
      841 words
    • Article
      A grave mistake to force M'sian shippers to use domestic ports
      813 25  -  It will only hurt Malaysia's own export competitiveness, writes Shipping Editor George Joseph George Joseph IT looks like Malaysian government leaders are not about to let up on blaming Singapore for their exporters using the Republic's port instead of
      813 words
    • Article, Illustration
      Lock icon Kenyan port running at less than half pace
      486 26  -  AFRICAN PORTS Red tape and lack of cash the main causes of slowdown of Mombasa port Hy Manoah Esipisu Reuters [MOMBASA] KENYA'S port of Mombasa is operating at less than half of its capacity because of problems ranging from a lack of
      Reuters; REUTERS  -  486 words
    • Article
      Lock icon Disney takes to cruising to widen empire
      283 26 Reuters [PORT CANAVERAL] Walt Disney Co took to the sea on Tuesday, launching an Art Deco-styled cruise ship that will sail to the Bahamas, spicing up the company's profitable Florida theme park vacations, which could be facing choppy waters. The Disney Magic, an
      Reuters  -  283 words
    • Article
      SHIPPING SCHEDULES INDEX
      242 26 PAGE DSR-Senator 4 9 Danveron 4 ANL 3 D)a* Lloyd 9 Accord 8 Dongnama 3 Appenship 5 ECL Astro 3 Ever9rew 6 Austral 9 FOOOgSun 8 BSA 7 GUr 4 T Gemartrarss 8 bataminoo r Genshpg 9 Bayswater 6 HaiSunHup 8 B tang Mas 8 Hangli 9
      242 words
    • Article
      SHIPPING GUIDE
      24830 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telepfione ETA ETA Advertiser Vessel Voyage Telephone Sin Oest'n Name Nam* NumOer NumOer SIN Oest'n Name Name Number Number A 09/01 27/09 Hyundai MM HY FIDELITY 304W 65-*****44 09/01 27/08 Saferoute HYUNDAI FIDELITY 302* 65 *****22 To ARID JAM MR
      24,830 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        744 39 Vassel Voy No Berth Arrival Departure A"«<oA*« W JU J12 alongside 30.07/1800 P368 J0« alongside 29.07/2130 BatuHcin 016 JOS alongside 29.07/1130 w 4JU198 J01 alongside 29.07/2359 Bt ttaduran *****8 J01 alongside 29.07/1900 Bt Nurdiane2 *****8 J01 alongside 30.07/0800 M S* *****8 XII alongside 30.07/0100 9u u 10/98 J03
        744 words
      • Article
        CONTAINER SCHEDULES
        1822 39 RECEIVING Of EXPORT FCl CONTAINERS AND LCL CARGO Booklmj/fUHnct Rstls Ship Voy No Etb/Btr Period From To From *0M 0091 JVWOO U 24/1500 24/1659 24/1900 It 21/1500 21/1459 21/1900 2* 24/1700 29/0659 29/0900 21 28/1700 29/0659 29/0900 I 29/0700 29/1159 29/M00 4 29/1200 29/1459 29/1700 >11— 2 KM
        1,822 words
      • Article
        GLOBAL HOLIDAYS
        191 39 Au|L Switzerland: National Day. Aug 3. Ireland Republic Of: August Holiday. Aug 10. Singapore: National Day Holiday. South Africa: National Women's Holiday. Aug 12. Thailand: HM The Queen's Birthday. Aug IS. Austria: Assumption Day. Belgium: Assumption Day. France: Assumption Day. Greece: Assumption Day. Italy: Assumption Day. Luxembourg: Assumption
        191 words
      • Article
        COCKETT BUNKER MARKET REPORT
        990 39 THIS report, complied by Cockett Marine OU Ltd. shows price ranges In US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-sued stem Market movements are indicated The Cockett Bunker Price Index change and the individual
        990 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        514 39 Carton 180 M«i 993.1 0.9 16.7 0.10 73 0.07 J«iY23 Density Nittr t>sJd«M As* Aluminium Sediment No above E25 3 0 10 0 0 0 380 Ave 986.2 0.3 16.1 0.08 23 0.03 bm 380 Max 992.8 0.9 19.0 0.11 111 0.07 »Wi »«/v »m/m %«/M
        514 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Chek Lap Kok woes may cost economy HK$4.6b
        404 40 Amount is equivalent to 0.35% of gross domestic product for Hongkong AFP [HONGKONG] The problems that have plagued Hongkong's new airport since its opening could cost the territory HK$4.6 billion (Ssl billion), or 0.35 per cent of GDP, a government official said
        AFP  -  404 words
      • Article
        Lock icon Honda in US$316m settlement of kickback suit
        266 40 Bloomberg [BALTIMORE] Honda Motor Co has tentatively agreed to pay more than US$3l6 million (*****.2 million) to settle a lawsuit filed by dealers alleging the car maker conspired to ship fewer cars to dealers who refused to pay kickbacks to Honda executives, people
        Bloomberg  -  266 words
      • Article
        Lock icon EasyJet to buy 15 Boeing 737-700s
        193 40 AFP [LONDON] British-based cutprice airline Easy Jet said that it is buying 15 new generation Boeing 737-700 aircraft by 2003, bringing the total new aircraft on order to 27, with another 15 on option. The aircraft, to be delivered between October 2000 and February
        AFP  -  193 words
      • Article, Illustration
        Lock icon Work stoppage over pay dispute
        79 40 [MELBOURNE] A motorist passes Melbourne's Western Link section of City Link which lies idle after work was suspended yesterday. Up to 1,000 Baulderstone Hornibrook workers on the billion-dollar tollway downed tools over the alleged nonpayment of about As 9 million (559.4 million) for work carried
        REUTERS  -  79 words
      • Article, Illustration
        Lock icon Go-ahead for Maybach
        90 40 [FRANKFURT] German industrial giant Daimler-Benz has said that it had decided to develop the May bach limousine (above). "The decision to build the Mercedes-Benz May bach underlines once more our aim to be the absolute number one in all segments, "said chairman Juergen Schrempp. The May bach
        REUTERS  -  90 words
      • Article
        Lock icon JAL forms mileage programme for international calls
        307 40 Bloomberg [TOKYO] Japan Airlines Co, Japan's largest airline, said its frequent fliers will earn points towards free tickets for making international phone calls using Global One from August in a move to increase JAL's overseas customers. JAL, the world's sixthlargest airline, said it
        Bloomberg  -  307 words
      • Article
        Lock icon Garuda seeks higher fares on routes to KL
        274 40 Indon carrier proposes fare hike of 20%-30% AFP [KUALA LUMPUR] State carrier PT Garuda Indonesia is seeking a 20 to 30 per cent fare hike on routes between Kuala Lumpur and Indonesia, a top official said yesterday. "We have proposed (the fare
        AFP  -  274 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1702 40 CITY FLIGHT ETA FLIGHT CTD LH778 1610 0F0S 2235 MUM SA7M1 1930 IA7382 2095 N24Sr wo LH6373 2390 0F81 1930 0F82 20S5 "2005 1610 S026 2350 $0229 2220 LH779 2359 Amstardam KL843 0450 KL838 2300 SSI? 23 S023 0710 S024 2320 KL837 1455 Fatanka SOW 1710
        1,702 words
      • Article
        Lock icon Southwest Airlines, state attorneys support US dept proposal on competition
        522 40 Bloomberg [WASHINGTON] Southwest Airlines Co and half of the states' attorney generals are backing a controversial US Department of Transportation policy on airline competition, a plan opposed by the other major US air carriers. Southwest, the nation's seventh largest airline
        Bloomberg  -  522 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      22 25 Kenya's Mombasa port running at less than half pace Red tape and lack of cash the main causes of slowdown. Page 2
      22 words
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      Page 25 Advertisements Column 2
      52 25 If i jl 1 [CAPE CANAVERAL, Florida] The Disney Cruise Line's ship Magic, docks amid fanfare for its christening at Port Canaveral. The event took place as more than 2,000passengers and crew boarded for the two-day maiden voyage of the vessel which was constructed in Italy. See Page 2 for
      52 words
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      Page 25 Advertisements Column 3
      156 25 Ghek Lap Kok woes may cost economy HKs4.6b Amount is equivalent to 0.35% of gross domestic product. Back Page .news travels fast IN SIM iAPORIi. when you wan I to rcach out to a select target audience in the transport and logistics industry, only one daily oilers you the advantage
      156 words
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      724 26 I BMFOWTH [SUPER SHUTTLE EXPRESS GULF KARACHI EXPRESS (QKX) VtSSfl VOY*« 101 MM VESSEL VOY j JIA DMN j lAH MD KAft COt PKG SIN OOCL BR'TAIM 17W529 22/07 09/00 POO NIDUOYD DUOAI 291 15/07 17/07 17/07 11/07 24/07 21/07 01/ M 02/00 OOQ AMERICA 27W530 24/07 16/00 NY* VIRGO
      724 words
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      Page 26 Advertisements Column 2
      727 26 Lines services represented -d—W u.. UM .i r. MM ff Members of the s by Members of the Registry of y===si Singapore Freight Forwarders Accredited Shipping Agents Association Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO ACCEPTING ON DIRECT SAILING TO MALE ETAPKL ETA SL\ ETA MALE Princess lily V 0398 1(V08 1208
      727 words
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      1104 27 I SAX SERVICE (DIRECT) Vgsa VOYSWEttIAX OAK Ml HOU CHI OX MtM HI Nlf( APISHNB. 004E 05/06 20/08 24/06 24/08 25/06 24/06 25/06 25/06 26/08 26/08 API SARDONYX 005E 19/06 03/09 07/09 06/09 08/09 07/09 08/09 06/09 09/09 09/09 API TOURMAIJNE 019€ 26/08 10/09 14/09 14/09 15/09 21/09 22/09 22/09
      1,104 words
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      Page 27 Advertisements Column 2
      2069 27 I H ANJIN SHIPPING HANJIN SHIPPING (S) PTE ITO Imp //mm hon,m «*n BOOKING 32*0735 737 SALES *****24 738 DOCUMENT *****71 774 OPfWIWKS *****41 252 MAIN LINE *****55 FAX 222**0 CI NO **********0 M TO NW USA CANADA USA CANADA* fM VSI/VOY IAM ISM LINE HAUI/VOY SEA TTW MN POX
      2,069 words
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      Page 27 Advertisements Column 3
      519 27 FULLY CONTA INiRISIP PIPICATID SIKVICIS VESSEL VOY SIN PKG VOY SIN HKG KEI US* PUS *QV_ SIN PKG VESSEL VOY. _SIN_ JKT MONUMA ioT Tr7n7 liTnTlftT ?vn7 Urn WTC KEELUWG 806S 26/07 28/07 KA4TC UISAN HQS BZSZ HZK. ?l/ y IOW 72/07 ?t/07 n/07 30/07 KMTC HONGKONG 804S 02/ M
      519 words
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      Page 28 Advertisements Column 1
      1531 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN/CANADA vtsgL Y m tm htm anb ham obv fuc vessel vot jed git stt fos vie mtw HAHJHt GENOA *0834 3107 21 M 22 01 20 01 21 00 23 00 SHANGHAI SENATOR WMB34 30 07 10 00 10 00 10 00 20
      1,531 words
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      Page 28 Advertisements Column 2
      915 28 Am MAC-NELS SPtIRE M'SIA Carrier: MN CONTR LINES, INC p. gudang: (07) *****26 1 I\7 J MO: **********0 C SIBU: (064) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MDN: (61) *****3 KUCHING (082) *****1-3 XINOAHG PENANG/PORT KELANG
      915 words
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      Page 28 Advertisements Column 3
      438 28 IjSOJESSELTON LINE TKLi *****56 FAX: IStSIIS r MUARA LABUAN vissii vor no n* vksb. voy ito n* SKKE MUARA SPOtf KM JJKHrtI Vl9l/98 03/01 04/08 J-IWSrtO VIW/98 03/01 07/01 APMGUWY V2Ol/98 07/00 10/00 Afßl GUJtY V2W/98 07/01 11/01 JJtOSfB V2OI/98 13/00 14/08 V2W/98 13/01 17/00 AmaOBT V2IE/98 17/00 20/00 *n»aO«T
      438 words
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      Page 29 Advertisements Column 1
      1606 29 VESSEL VOY SIN POU PKQ PEN POB DUB SHJ BA BIK IRAN MATIN PJL 1297 17/07 28/07 IRAN HESABI PJL 1304 20/07 00/08 07/08 07/08 08/08 IRAN TAKHTI PJL 1300 08/08 14/08 19/08 15/08 18/08 IRAN TEYFOURI PJL 1304 17/08 25/08 28/08 28/08 27/08 L _J I ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS
      1,606 words
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      Page 29 Advertisements Column 2
      2620 29 AIL-WATER DIRECT TO NEW YORK IN 28 DAYS I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/L) *****02 iOHORE OFFICE: COSTAR SHIPPING PTE LTD •IZ-OSDISBIDG SAIES/IKGS 4205M1/43 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CRNO: *****89Q000M TOWER TWO (*****9) CONVENTIONAL *****50/55 T/SHPMT
      2,620 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1304 30 I wmT— europe/uk/scandinavia/finiamd/russia I E DFvnrf nvi nn? 4™ i««. !J?£. I HP ZtE LHV I LHW THP fIOM ANW HBG PKI SGP I I E DEVELOPRwm» 12/Sf 25/04 26/08 E ROYAL RE 034 04/07 07/07 05/07 08/07 09/07 04/08 06/08 I E (ins £5™ 5122 £22 S! /M 02/09
      1,304 words
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      Page 30 Advertisements Column 2
      488 30 AHOY! Europe. Sailing schedules from Amsterdam to Zurich. 24 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. Another innovative service offered by ThißisinessTimes Shipping times ■las! *!CB jg* M" i'fc»l P. thaUrii C'Hwi liir M »r+. I****,***"" MZ "/W '3/08 13/01 15/0 i ?4/0« 74/08 28/08 30/08
      488 words
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      Page 30 Advertisements Column 3
      457 30 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA WSSEI VOT SIN 1 PUJ I PUR 1 CFT I R/6AY NAHTAI VENUS VlfflS 03/0» 11/06 16/08 21/06 24/06 GOIDtN DKAGOW VOO6S 10/06 20/06 24/06 26/06 HAItSA CASTELU VQOIS 14/08 25/06 29/06 03/W NAMTAI PlllWgSS V.023S 23/06 07/ M 11/09 NANTAI
      457 words
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      Page 31 Advertisements Column 1
      483 31 ■mm. MYANMA wHBk FIVE STAR LINE (Myanmor National Lint) Loading for Yangon (Rangoon) VfSSil VOY SIN PKL PEN PGO MONG LA 15W SU» SITTWt 81W SID MALAYSIA AMNTS: IOUSTUD SHIPPING AGENCIES KIIL TEI (03)*****00 PRL: TIL (03)*****01 PEN: m (04)*****02 PGU: TEI (07)*****21/4 BANK LINE (A wnto of Andnw Wtlr
      483 words
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      Page 31 Advertisements Column 2
      1227 31 HYUNDA^MERCHANTJJAARINECO^TD^^^^^^ ivissa voy sw sou hh rtm ant ham irv fb Ivcsa voy| sou I lih |am l amt I haaa i rkv i fb HITI HY BARON 3UW 10/07 17/06 22/06 19/06 20/06 ELK 5471 06/07 11/07 06/07 09/07 30/07 NOLKXm 006W 31/07 21/06 22/06 16/06 16/06 HYDUK 3121
      1,227 words
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      Page 31 Advertisements Column 3
      1131 31 AM JB norwagon specioLred outooaman QmsKS ■v mm u\ES TO NORTH AND LATIN AMERICA "*°*o HEAYYUFT SERVICE" |VISSEL VOY RAMP HEIGHT SIN LAX CM MA SAV BAL ORF [NYC WW MM TOURCOING FIIS 400 Teas iW 24/04 WO9 0576T 07/09 09/09 WW U76T 15/09 TAPIOIA FII6 400 Tom 6.3 M
      1,131 words
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      Page 32 Advertisements Column 1
      806 32 BANGKOK/ MAP TA PHUT/ LAMM CHABAMO JAKARTA/PAN J A NO VESSEL VOY SIN BKK MTP LCH VESSEL VOY I SIN JKT PJN XETHA BHUM 243N In Pt 02/08 GURU BHUM 88SB In Pt 02/08 MATHU BHUM 374N 01/08 05/08 04/08 DEJA BHUM 758S 01/08 06/08 ACX RUBY 27N 02/08 05/08
      806 words
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      Page 32 Advertisements Column 2
      512 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL *****68 FAX: *****64 TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI I Bintulu I Muara I YLSSEI VOY SIN §TU VESSEL VOY S|N MUA BSena V9815E 0546/08 11/ M MCoW V9814E »31/07 05/W BS«no V9816E 1819 08
      512 words
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      Page 32 Advertisements Column 3
      629 32 A ACCORD A SHIPPING PTE LTD *****15 (40 Lines) PAX *****30 POKT KLAHG (03) 301 1001 DIRfCT ACCISS TIL *****55 (EXPORT BOOKING) PAS* GUDAMG (OH SSI ISII *****34 (EXPORT DOC), *****39 (IMPORT) KMAMG (04)*****40 URL:HTn»;//WWW.ACCORD.COM.SO WUUtU (11)040 0110 POKT ETA SIN POKT ETA SIM FORT ETA SIN PORT Ilk SIN
      629 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      427 33 INDONESI/^AriONAnN^I TO EUROPE "~1 EXPRESS SEMI-CONTAINERISED SERVICE VSI VOY PORE I«DAM/H DAM H BURG BREMEN ANTWERP A VESSEL 20/10 25/10 ""OMIT 05/11 TO AUSTRALIA FULL CONTAINER SERVICE WL VOY FHE BNE SYP Mtl HBA ADL FHE KASUGAI 11S OMMOMK IMS 21« 2408 3001 P4O NEDUOYO BRISBANE 10S IMB IMB 2MB
      427 words
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      Page 33 Advertisements Column 2
      992 33 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Cecil Street, #12-00, PIL Building. Singapore *****0 Li TEL: *****21, FAX: *****19, TELEX RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60/ *****05 BANGKOK JAKARTA (Wtrtly 5 Slqs PATft Sl»s LCH/1 Sip »MT) is S«iHngsW>t>) "VESSEL VOY SIN BKK VESSa I VOY I
      992 words
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      Page 33 Advertisements Column 3
      903 33 reggae VESSELS VOY I SN I JED I MLA LEH HAM THP RTM ZEE VILLE DC MIMOSA V77W 05/06 15/06 19/06 24/08 26/06 28/06 29/06 3tVOB VHL£ DE TANYA T27W 10/06 19/06 24/06 29/06 31/06 02/09 02/08 03/09 WU-E DE TAURUS A27W 17/08 26/06 31/06 06/06 07/08 06/08 08/08 10/08
      903 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      50 35 mmmmmi&M STEBI~^DiaI 740-6000 Ofl Q€fH3rid —JmJ (Retrieve more schedules!) Press "1" Select the port and key in "BKS the four digit code —eg: To New York (NYC) 2275 ste£) Key in your fax number I your phone number Another innovative service offered by c The document will be SHIPPING TIMES
      50 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      55 37 ■■Til Dial 740-6000 on demand] (Retrieve more schedules!) Press "1" r C -Jp\ Select the port and key in the four digit code —eg: To New York (NYC) 2275 s i) Key in your fax number I your phone number Another innovative service qffered by CTr The document Will be
      55 words
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      126 39 LEGEND: R Thunderstorm Temperoture c X\ V Shower Weather Wind directton with speed m knots Rom Cloudy Sky Wove height or# ln e orrows whxh fly with the wind W One M circle represents calm or kght ond vonoble winds W One half Heche represents 5 knots U.-One Mf.echerep,esents.O knots
      126 words
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