The Business Times, 7 August 1998

Microfilm: NL21219
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    19 1 THE BUSINESS TIMES MITA(P) ll(V12/97 85c I N (1 A P O R E Internet: http://business-times.asial.com.sg/ FRIDAY, AUGUST 7,1998
    19 words
  • Article
    MARKET SUMMARY
    62 1 □m UM&7B (+13.65) mmm-su U44UM (+0.99) nnooiF IjB7aao (-2.94) Pl l ÜBBUI (+12.09) gjMAJLKETMOOD: STOCK MAIKBT ntMGEB Huiraday ChsofB KL8EC0MP ***** -fit NIKKEI lftJffTUS -USJ4 HANO8BNO 7JMJC -***** SET INDEX 2K.I7 IN JAKARTA OOMP _«M*_-7J» MANILA OOMP 1,480.89 -AM TAmrWfl 7471.74 -17 J» 8B0UL OOMP _I»J7 CLSA CHINA
    62 words
  • Article
    FINANCE
    81 1 FOBS 1MB uss St U8I 1.718 *(181/81 peri) L07 t«7 Ml 1.7W M77 YW 144.7 1.194* >m 1114 0.416 ■9 7.7M 0.223 ■AHT 41.06 0.042 HUP1AH 12JBS6 0.014* 'St to lot una 'St to 10» unto PUKE KATES 8INGAP0RE* 7.88 KUALA LUMPUR ll.» JAKARTA _28J0 BANGKOK 14.75 MANILA JIM
    81 words
  • Article, Illustration
    Lock icon SPH proposes novel $500m capital reduction plan
    504 1  -  Move will have effect of a share buyback and boost ROE By] R Sivanithy [SINGAPORE] Media and property group Singapore Press Holdings yesterday announced a novel 10 per cent capital reduction proposal costing $500 million, aimed at boosting its return on equity (ROE)
    Source: Bloomberg  -  504 words
  • Article
    CAD questions dealers over ramping of Mid-Con shares
    311 1  -  Fifteen to 20 dealers said to be under investigation By' Ven Sreenivasan [SINGAPORE] The Commercial Affairs Department (CAD) is said to have questioned several brokers from a handful of local and foreign broking firms during the last few days in connection with
    311 words
  • Article
    SES denies there is any understanding to close Clob
    702 1  -  It releases letters with ELSE to set the record straight By R Sivanithy [SINGAPORE] The Stock Exchange of Singapore (SES) yesterday refuted a claim by the Malaysian authorities that there was an "understanding" that the SES would close down Clob International,
    702 words
  • Article, Illustration
    Lock icon Chinese yuan comes under severe pressure
    607 1  -  North Asian currencies hardest hit by renewed jitters By Larry Wee [SINGAPORE] The Chinese yuan came under renewed pressure yesterday, dragging down other regional currencies, most noticeably those of North Asian countries. Chinese authorities were forced to intervene to defend their currency at 8.28
    Source: Bridge  -  607 words
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      141 1 maiDE Strwgttes President BJ Habibie indicated he has vested interest in maintaining good relations with Singapore and looks forward to strengthening ties with the Republic, Education Minister and Second Minister for Defence Teo Chee Hean said yesterday, F|2 MEL ynftt «p 143% Nat Steel Electronics (NEL) has exceeded forecasts with
      141 words
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      87 1 SM Lee's memoirs In office, I read and analysed every speech of Harry's. He had a way of penetrating the fog of propaganda and expressing with unique clarity the issues of our times and the way to tackle them. He was never wrong...9 Margaret Thatcher Your memoirs strike —jSaT" me
      87 words
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      7 1 New listing EnerSave soars on debutfPg 16
      7 words
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      113 1 Sing Tel too may return cash to shareholders, Pg 15 China should not devalue currency, Pg 12 li I Mmr*- iVM |ty; fwjjjjngv* K'% 1 "^^^Sisssfc^usflßwß^''■'" The Mauboussin 'Open Heart' mechanical watch. 18K white gold with diamonds and jade. <M» MAUBOUSSIN since i 8 EXCLUSIVELY AVAILABLE AT: ROY EASTERN WATCH
      113 words
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      9 1 Pall text of SES statement on Clob, Pg 16
      9 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Habibie says he looks forward to boosting ties with S'pore: Teo
      570 2  -  S'pore prepared to go ahead with USssb facility whenever Jakarta is ready Frorn I Shoeb Kagda in Jakarta INDONESIAN President BJ Habibie indicated he has vested interest in maintaining good relations with Singapore and looks forward to strengthening ties
      570 words
    • Article
      75th birthday launch for Vol 1 of SM Lee's memoirs
      373 2  -  The $32 book covers his early years np to Independence By\ Chuang Peck Ming THE first volume of Senior Minister Lee Kuan Yew's memoirs will be published on Sept 16, his 75th birthday, the book's publishers announced yesterday. Entitled The
      373 words
    • Article, Illustration
      Lock icon Electricity demand from manufacturers down 1.4% in June
      625 2  -  Overall demand growth likely to slow to 4-6% this year Reports by] Ronnie Lim ELECTRICITY demand from manufacturers fell 1.4 per cent in June compared with the same month a year ago, which is a sign that recession is looming, said Ho
      SIEW YAW HOONG  -  625 words
    • Article, Illustration
      SP expects to sign Pertamina gas deal within 6-12 months
      379 2 SINGAPORE Power (SP) expects to sign an agreement with Pertamina for the purchase of Indonesian natural gas from the Asamera field in Sumatra within the next six to 12 months, its chairman Ho Kwon Ping said yesterday. This will make
      379 words
    • Article, Illustration
      Lock icon July job ad volume falls 67%
      336 2  -  EYE ON THE ECONOMY Jobs By] Marissa Chew REFLECTING the dip in the job market, the volume of newspaper recruitment advertisements continued to slide in July. Latest figures show that the volume of newspaper job ads fell 67 per cent last month compared to
      Source: SPH  -  336 words
    • Article
      S'pore could return to positive growth by year-end: NUS
      437 2  -  By. Audrey Tan THE Singapore economy could bottom out this quarter and return to positive growth by the end of the year, the National University of Singapore (NUS) said yesterday in its mid-year economic review. Tilak Abeysinghe, an academic at its
      437 words
    • Article
      Arcasia Land cuts rentals by 11.6%
      208 2 ARCASIA Land has cut rentals for its tenants by 11.6 per cent for one year, retroactive from last month. The developer said yesterday that it was passing to tenants the full property tax rebate of 55 per cent given by the government this year,
      208 words
    • Article
      Hong Leong cuts Northoaks EC price to $377 psf
      352 2  -  By] David Boey HONG Leong Holdings yesterday knocked down average prices of its Northoaks executive condominium at Woodlands to $377 per square foot just $1 lower than prices quoted by next-door rival Woodsvale. The new selling price, which takes immediate efTect,
      352 words
    • NEWS Roundup
      • Article
        Q2 Economic Survey out on Tuesday
        53 3 THIS year's second-quarter economic results will be released by the Ministry of Trade and Industry at Bam on Tuesday. The Economic Survey reports on the performance of the economy during the period and will include information on each sector, the sources of growth, inflation,
        53 words
      • Article
        Name change for S'pore marine insurer
        64 3 THE Singapore Marine Hull Insurance Syndicate has changed its name to Asia-Pacific Hull Insurance Syndicate to reflect its fast-expanding business and deeper involvement in the region. For the underwriting year 1998, the syndicate has an automatic underwriting capacity of up to $6 million per
        64 words
      • Article
        Lock icon Japan's Miti to open S'pore office
        47 3 Bridge News JAPAN'S Ministry of International Trade and Industry will open an office in Singapore in October to evaluate risks associated with trade credits that the Japan government extends in the region, the Asian Wall Street Journal reported yesterday. Bridge News
        Bridge News  -  47 words
      • Article
        Corrections and clarifications
        262 3 IN our article of Aug 1, "MAS eases rules on provisions for housing loans", we reported that the Monetary Authority of Singapore had eased its provisioning requirements for delinquent housing loans, a move which allows banks and finance companies to go a little easier on mortgagors. But
        262 words
    • Article, Illustration
      Spore economy must be knowledge-based: Dr Tan
      657 3  -  What's needed is a culture of creativity, enterprise and risk-taking Reports by Ronnie Lim SINGAPORE has to shift gear and move its economy quickly and effectively into a knowledge-based one if it is to prosper in the "weightless world" of the 21st century,
      657 words
    • Article
      Why S'pore must be ready to take on competition
      525 3 TO stay ahead, Singapore must be prepared to take on the competition, including neighbouring countries which are gearing up and establishing competing industries or rival air and sea ports, Deputy Prime Minister Tony Tan said yesterday. Responding to a question on
      525 words
    • Article
      Jailed rogue trader Leeson said to have colon cancer
      282 3 NICK Leeson, the rogue trader who single-handedly brought about the collapse of London's oldest investment bank Barings pic, has been diagnosed with cancer. "All that is known about Mr Leeson's illness is that he has been diagnosed as suffering from cancer
      282 words
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      38 2 uU THE WORLD'S LEADING ZT, rJV OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Incorporation Fees from US$5OO BAHAMAS JERSEY if e, ?S R LANDS VIRG,N MAUR,T,US J f m CAYMAN "YCHELLES Jj| ff J ISLANDS SAMOA IRFLAND XWk. W'*
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      19 2 mmmmKMtmmmm-* mmm f Would you believe a great meal in a *5 ft deluxe restaurant at hawker prices? p
      19 words
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      117 3 20 YEARS OF EXCELLENCE I 11M j.t.pi In providing V^/ I f CWT NO 97/117 cool comiort «*>«» for commerical iSSlaTim! j International Plaza S'pore *****3 ana industrial Tel: 222 0665 Fax: 224 8358 Email: hpcsgi@cyberway.com.sg OUliaingS. Website at http://www.httachiplanthbi.nejp "AMONGST ASEAN COUNTRIES, RESEARCH PROVES THAT ONLY ONE MUSIC CHANNEL
      117 words
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      89 3 iiHB M JF JF/A jH| Pasha C watch Solid YVHHMSBHHHH^^^^ Automatic movement. V-Water-resistant to 100 metres. V range from 554,830 o 2 Available at: A 0 Cortina Watch Centre SINGAPORE Cortina Wilcti Cantra Pta Ltd Raffias City #01-36 Tal 339 9185 Fax *****66 Lucky Plaza #01-32 Tal: *****68 Fa*: *****73
      89 words
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Thai plan to guarantee investments in banks just an idea: official
      400 4 Reuters [BANGKOK] Thailand disappointed financial markets yesterday by apparently withdrawing a widely reported scheme to support local banks by offering to guarantee foreign investments in the sector. Deputy governor of the Bank of Thailand (BOT) Kitti Patpong-pibul told reporters
      Reuters  -  400 words
    • Article
      Lock icon Thomson BankWatch cuts M'sia ratings
      363 4 Reuters [KUALA LUMPUR] Credit rating agency Thomson Bank Watch downgraded Malaysia's sovereign risk rating yesterday, the country's third such downgrade in three weeks. Financial markets generally shrugged off the news and analysts said the downgrade was expected following rating cuts by two other agencies, Moody's
      Reuters  -  363 words
    • Article
      Top economist backs expansion policies to cope with crisis
      459 4  -  Bat fiscal expansion should be temporary and reversed once exports rise, he says By' Vikram Khanna [SINGAPORE] Experience with the Asian crisis thus far suggests qualified support for more expansionary monetary and fiscal policies, renowned economist Max Corden said yesterday. Speaking
      459 words
    • Article
      Thailand calling the shots in IMF talks, say analysts
      649 4  -  Govt able to push back deadlines with IMF keen to produce a showcase, they say From Harish Mehta in Bangkok THE Thai government was dictating terms to the International Monetary Fund, watering down agreed financial measures, delaying deadlines for banks' recapitalisation,
      649 words
    • Article
      Lock icon M'sia posts RM6b trade surplus
      266 4 Jane figure 60% up from May; reverses RM2.Bb year-ago deficit AFP [KUALA LUMPUR] Malaysia posted a trade surplus of 6.05 billion Malaysian ringgit (552.5 billion) in June, reversing a deficit of RM2.B billion a year earlier, the statistics department said yesterday. June's surplus marked an
      AFP  -  266 words
    • Article, Illustration
      Lock icon Toyota unfazed by weak yen, sees sales up
      499 4 Company president hopes new models will kickstart domestic demand Reuters [FUJIYOSHIDA, Japan] Japan's largest companies are not worried about the current weakness of the yen, the president of auto giant Toyota Motor Corp said yesterday. "It is troublesome on the macroeconomic front,
      Reuters; FILE PHOTO  -  499 words
    • Article
      Asian exports set to recover by end of 1998: SG Securities
      405 4 Global demand for electronics parts will boost trade [SINGAPORE! A recovery in Asian exports, fuelled by increased global demand for electronic components, will emerge by end-1998, said Manu Bhaskaran, SG Securities group head of research. While some analysts doubt
      405 words
    • Article
      Lock icon Brunei may seek foreign expertise to revamp economy
      241 4 AFP [BANDAR SERI BEGAWAN] Brunei may seek foreign help to revamp its economy facing difficulties due to falling oil revenue, the decline of its j currency and corporate problems, a senior official said. Industry and Primary Resources Minister Pehin Abdul Rahman Taib,
      AFP  -  241 words
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      136 5 CParfu ft t o* i£e 1 1 .IWPw'-y 1 1| J) IJ 12 j|! seas '4f Only 533 2D/1N hen it comes to fun on the high seas, our party rules the waves. P. 2.9 is Party Tonite. And it's fast becoming the most happening party around. P. 2.9 cruises
      136 words
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      358 6 \V. V at '^3SMB^SMH^ r :3ftiflP!Ußfl >' w '<fc: ;»vy 'v ?V v j v < .J V 'i> kJ* i -i' 2 »<* > 'aL&P" W'.p-;-: .> < 4,:v> V --■>■%&s?■:■ •'*i < -<. '--:*&<?■ ':•>■■• <*; 1 ■«>.'•■ 7:--»>»v c-t THiP TIME WAS RUNNING OUT FORg| THE MARCO
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  • SOUTH-EAST ASIA
    • Article, Illustration
      'Use local ports' call not out of line with WTO: Rafidah
      535 7  -  We are not discriminating against any country, says trade minister From Ruth Wong in Kuala Lumpur MALAYSIA'S effort to encourage the use of Malaysian ports is not inconsistent with World Trade Organisation principles and it did not discriminate against
      535 words
    • Article
      Lock icon Indonesian army to guard food supply against looting
      300 7 JAKARTA Jakarta's poor given go-ahead to use idle land to grow food Reuters, AFP INDONESIA'S military pledged yesterday to guard convoys of food and other essential commodities from looting in the crisis-racked country. "The armed forces will protect the national economic activities,"
      Reuters,; AFP  -  300 words
    • Article
      Lock icon Ranariddh will not accept results until vote recounting ends
      303 7 PHNOMPENH Reuters, AFP CAMBODIAN opposition leader Prince Norodom Ranariddh said yesterday he would not accept the result of the July 26 election until the recounting of votes was complete and allegations of ruling party fraud were investigated. Prince Ranariddh also said
      Reuters,; AFP  -  303 words
    • Article
      Lock icon KL, Bangkok to set up high-level trade panel
      203 7 KUALA LUMPUR Bernama MALAYSIA and Thailand have agreed to set up a toplevel joint trade committee to solve trade and investment problems between the two countries, Malaysia's Minister of International Trade and Industry Rafidah Aziz said yesterday. She said Miti will announce
      Bernama  -  203 words
    • Article
      Lock icon Indon political figures form group to monitor Habibie
      487 7 JAKARTA 'Moral force' launched with the aim of returning power to the people AFP A GROUP of Indonesian political figures best known for their opposition to former president Suharto launched a "moral force" here yesterday to monitor the actions of Mr Suharto's
      AFP  -  487 words
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      388 7 MQK"IZ If fi iim ii n tyiy ii«] suM KH|ipi| At Nokia, we've seen you always be at the office. data. That's because actually a GSM phone that M And always get to a phone line. Yet the show must go on. any Type II PC Card slot. That's why
      388 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Net losses at China state firms total 9.3b yuan in first half
      230 8 BEIJING Reuters CHINA'S state-owned industrial firms posted net losses of 9.28 billion yuan (Ssl.9 billion) in the first half of this year, the Financial News said yesterday. "Since the start of this year, China's economic development has been
      Reuters  -  230 words
    • Article, Illustration
      Lock icon Floods could cut China's growth by half a point
      418 8 BEIJING GDP growth could slide to 6.5-7% this year from 8.8% in '97 AFP CHINA'S devastating summer of floods could shave half a percentage point off economic growth this year, a leading economist was quoted as saying by the Xinhua news
      AFP  -  418 words
    • Article
      Lock icon Air-ticketing systems Y2K bug-proof: China
      142 8 BEIJING Reuters CHINA has found a way to prevent the millennium computer bug from disrupting its air ticket booking systems, the China Daily said yesterday. The millennium bug can cause chaos as computers confuse the year 2000 with 1900. A new ticket booking system tried
      Reuters  -  142 words
    • Article
      Lock icon Beijing stands by Spratlys claim but offers use of shelters
      276 8 BEIJING Reuters CHINA'S sovereignty over the Spratly Islands is "indisputable" but Beijing has offered foreign fishermen the use of shelters it built on a Philippine-claimed reef as a humanitarian gesture, state media said yesterday. "China's sovereignty over the Nansha Islands,
      Reuters  -  276 words
    • Article
      Lock icon 500 protest over alleged lb yuan futures fraud
      424 8 BEIJING Investors gather near Tiananmen; 6M of firm, linked to military, said to have fled China Reuters THE Taiwanese-American general manager of a futures firm affiliated to the Chinese military has fled China after allegedly defrauding investors of up to one billion
      Reuters  -  424 words
    • Article
      Lock icon Have more faith in China bourses, firms told
      189 8 SHENZHEN Reuters CHINA'S top securities regulator has urged listed firms to have more confidence in the nation's stock markets, securities newspapers said yesterday. Zhou Zhengqing, chairman of the China Securities Regulatory Commission (CSRC), told a seminar in Shenzhen on Wednesday to "correctly
      Reuters  -  189 words
    • Article
      Spreading its wings
      632 8  -  LETTER FROM HONOKOWO Glitches aside, HE new airport looks set to be a winner By Loh Hui Yin After having reported quite a bit on the Chek Lap Kok fiasco, it was with considerable trepidation that I headed two Mondays ago to the new airport to take
      632 words
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      654 8 NOTICE ISHEREByGIVENthat lUwTiamPoh NOTICE IS HEREBY GIVEN thai, IMs Yap Yee Leng of <• 9 < Nor „«J Blk 260 Jurong East 24, #06-549 Singapore *****0, have #07-46 Singapore *****4, have applied for a BEER n ni;.H f™ n„ d u i HOUSE, FIRST CLASS in respect of M/s CAFE
      654 words
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  • ASIA
    • Article
      Lock icon Queensland launching blitz to counter Hanson
      229 9 BRISBANE AFP THE government in rightwing MP Pauline Hanson's home state of Queensland yesterday launched an advertising campaign designed to make Asian residents and visitors feel safe. Premier Peter Beattie said the A 5200,000 (*****,600) campaign was a direct attempt to counter the negative
      AFP  -  229 words
    • Article, Illustration
      Lock icon Daewoo agrees not to sack workers in deal with union
      594 9 SEOUL Union accepting wage freeze, benefit cuts; standoff at Hyundai continues AFP SOUTH Korea's Daewoo Motor Co yesterday scrapped plans to fire workers after striking a deal with the union, but top automaker Hyundai Motor Co stayed determined to carry
      AFP  -  594 words
    • Article
      Lock icon PC shipments in Japan drop 14% in Q2
      293 9 TOKYO Worst tall since 1992 follows cutbacks by firms on spending Bloomberg MAKERS of personal computers shipped 14 per cent fewer PCs within Japan in the April-June quarter than in the same period a year earlier, as companies trimmed their spending on
      Bloomberg  -  293 words
    • Article
      Lock icon Call for voluntary revamp of 10 big Korean industries
      114 9 SEOUL AFP SOUTH Korea has called for a voluntary restructuring of its 10 major industries through mergers and swaps of business units in a bid to slash excess capacity, officials said yesterday. The Seoul government will study overcapacity and overlapping investment
      AFP  -  114 words
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      111 9 Warning for parents of Perth students, Pg 12 I 'i m \rp p to appreciate what I have t ifflM 4 die future hoi' mi so I have one of the world's largest financial organism i<<" C bch I III! mo. V/fien you n.r.te- your local Huuyi- ongß -ink you
      111 words
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      99 9 )i( PARDISAN'S HOLIDAY CARPET AUCTION SUNDAY, 9 AUG I VDOtf »> Af f tfOOM GOODWOOD rAtiK I'OM V H|i>; l.SpTii \|i, tio'i: 'l»»n Ovei 100 lots of Persjan, Pakistani, Afghan and Cuic.isi.in wea\es up foi grabs Door gifts foi the fiist 100 visitors Sui prise opening bids for 10 Luge
      99 words
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  • THE WORLD
    • Article
      Lock icon UK central bank leaves Aug base rate unchanged at 7.5%
      453 10 LONDON Decision provides relief for hard-pressed manufacturers AFP THE Bank of England announced yesterday it was leaving its base interest rate unchanged at 7.5 per cent in August, a relief for hardpressed manufacturers, although there were calls for a rate
      AFP  -  453 words
    • Article
      Lock icon Russia toughens stand against tax-dodgers, strikers
      470 10 MOSCOW Tax officers seize assets, strike-hit areas risk fands cut Reuters RUSSIAN officials talked tough to both the high and the humble yesterday, pledging measures against tax-dodging oil barons and striking coal miners alike as the government struggled to stave off bankruptcy with austerity.
      Reuters  -  470 words
    • Article, Illustration
      Lock icon Remembering Marilyn
      40 10 [WESTWOOD, California] Two impersonators of legendary screen star Marilyn Monroe posing in front of the actress tomb here on Wednesday. A group offans gathered at Westwood Village Memorial Park to commemorate the 36th anniversary of her death. AFP
      AFP  -  40 words
    • Article
      Lock icon Euro bunds: Liffe still plans early launch
      154 10 LONDON Reuters LIFFE said yesterday it would stick to a plan, announced in May, to list euro Bund futures before the single currency's 1999 launch despite recent data showing a sharp drop in the exchange's Bund business. A spokeswoman for Liffe (London International
      Reuters  -  154 words
    • Article, Illustration
      One cool candidate in a hot and harried summer
      676 10  -  BUKOPBAX VIHW As Europe battles the heat, Kohl complains that a rival's mercurial Quality makes him difficult to m>|n ffllf{ii against By Kevin Sullivan HE weather has been \W H bright and breezy in the f I east of Scotland this
      676 words
    • Article
      Lock icon Gazprom won't bid for oil company
      151 10 MOSCOW AFP RUSSIAN gas giant Gazprom yesterday ruled out taking part in the new privatisation tender for the Rosneft oil company, Interfax reported. Gazprom chief Rem Vyakhirev told journalists in Minsk, Belarus that it was not a good time for the natural gas monopoly
      AFP  -  151 words
    • Article
      Lock icon Asian crisis has tempered US growth, says Fed study
      440 11 WASHINGTON It also cites labour shortages, shipping bottlenecks; retail prices kept in check AFP, Bloomberg US ECONOMIC growth, feeling the effects of the Asian contraction, labour shortages and shipping bottlenecks, lost some momentum in late June and July, the Federal Reserve
      AFP,; Bloomberg  -  440 words
    • Article
      Lock icon WorldCom selling record US$6b worth of bonds
      503 11 NEW YORK Bloomberg WORLDCOM Inc is selling a record US$6 billion (5510.4 billion) of bonds, 40 per cent larger than any other US corporate bond sale, to help pay for its acquisition of MCI Communications Corp. Investor demand for the securities, expected to
      Bloomberg  -  503 words
    • Article
      Lock icon CBOT and CME in talks on possible merger
      343 11 CHICAGO Bloomberg THE Chicago Board of Trade and the Chicago Mercantile Exchange are discussing a possible merger to expand the world's largest futures market and make both exchanges more competitive with new methods of trading. "More and more people feel we should
      Bloomberg  -  343 words
    • Article
      Lock icon German economy shows signs of cooling
      331 11 BONN Surprise slump in industry orders, output poses trouble Reuters FRESH signs are emerging that Germany's economy is cooling off, posing trouble for Chancellor Helmut Kohl's reelection bid and putting up another obstacle to driving down unemployment, analysts said yesterday. The first warning came
      Reuters  -  331 words
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      965 10 BUSINESS X()ti('(>s To advertise call toll-free 1800-741 1883 NOTICE IS HEREBY GIVEN that, I Seah Kian Guan of Block 135 Bedok North Street 2 #03-123 Singapore *****5, have applied for a Wholesale Liquor Shop Licence in respect of M/s A.O.C. Enterprise Pte Ltd located at 50 East Coast Road #02-75
      965 words
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      8 10 More Notices on Pages 8, 20 to 24
      8 words
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      88 10 SH Sameyeh Collection PERSIAN, TURKISH CENTRAL ASIAN CARPETS RUGS CATEGORISED SUPERB AND RARE remains under the control of PRICE WATERHOUSE INTRUST LIMITED (THE RECEIVER MANAGER) The entire collection is now exhibited and priced for URGENT SALE, piece by piece, at new premises CHIJMES 01/10-11, No. 30 Victoria Street, Singapore Daily
      88 words
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      213 11 Now you can forget the cable permanently. ■> m 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
      213 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Asian Fund is dead — but it won't lie down
      829 12  - Asian Fund is dead but it won't lie down THE BOTTOM LDIE OPINION By Anthony Rowley The writer is BT's Tokyo correspondent THE idea of creating an Asian Monetary Fund (AMF) is officially dead but it won't lie down. It keeps rising up, spec-tre-like, to haunt the International Monetary Fund,
      829 words
    • Article
      IN OTHER WORDS
      77 12 'It's easy to blame El Nino. But the major cause of the drought is the collapse of our water catchment system due to logging and highland development.' Evelyne Hong a scientist working at Sahabat Alam Malaysia, an environmental group. 'I don't know the facts. Until I do,
      77 words
    • Article
      Back to basics on managing risk
      566 12 EDITORIAL IT has come at a high price. But the shuddering halt to economic growth throughout the region, along with the meltdown of sharemarkets, seems to have put fundamental valuation and risk management back where they belong—at the heart of financial decision-making This will
      566 words
    • Article, Illustration
      Lock icon China should not devalue
      1079 12  -  China should resist the option, for its conditions differ from the economies that have gone under By. Rudi Dornbusch The author is professor of economics and international management at Massachusetts Institute of Technology FT OF late, pessimism has been a good rule of thumb in judging
      FT; FILE PHOTO  -  1,079 words
    • Article
      Warning for parents of Perth students
      193 12  -  MAILBOX Hui Woo Lau PARENTS of students studying in Australia should know that on Aug 4, a gang attacked a home shared by Asian students. They cut off electricity to the home so as to lure the students out at night to check. One
      193 words
    • Article
      WHAT THE OTHERS SAY
      695 12 TnM to form In Cambodia DESPITE the early promise of a well-organised, relatively peaceful and apparently credible poll, the Cambodian elections have run true to form after all. Another cynical exercise in a parody of democracy will leave the country in much the same state as
      695 words
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      24 12 DOOHESBORY By Garry Trudeau AM TAT-me \/NaNa\OLys^H^k _L= 7 U&LPLAS* twiCVPNT VOWR&, UKS>\ MtU, IN 1 1 Me? H T'MMPMtA WZ£CO6NfZ£)CU.\ H/SARJNG J RSALUfiE
      24 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
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      255 words
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      Page 13 Advertisements Column 2
      451 13 Mi't |h ItMH? Imlit it Cats' Mews/ Citi' Nivi in Sunday Clttiifitd tkii wttktnd. J 4% Vn CATS.I I x< clsim I lotcl ''*V Kway C hup HuHe, j f TRY OUR TEOCHEW /nib PORRIDGE KWAY CHUP it m BUFFBT AT CAFE excelsior -j" f WITH FREE FLOW OF A'
      451 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      781 13 TV&RADIO 7.30 Suddenly Susan 4.00 Aksi Mat Yoyo (r). 2.30 PM TV Innovations. Pucker Up (See Our 4.30 Pondok Cinta. 4.00 Kidz Blitz: Walter Mel- Choice). 6.30 Chinna Chinna Aasai. r -v on. 8.00 When The Bell Rings. 7.00 Uravugal. 4.30 Kidz Blitz: Noah's Is- Friday Ticket To The 7.30
      781 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      164 13 CRYPTIC CROSSWORD j j here in Outer Hebrides (7) 26 Knocked out after fling? 7 Milk splutters in churn for YESTERDAY'S smrmnw That's irresponsible! (14) this dwarf (15) 8 Like some wood, difficult to fojaf crack (6) Cv ng!:;?-,?'. t r 13 Penniless, depressed i 1 Support nose of aircraft
      164 words
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  • EXECUTIVE LIFESTYLE
    • Article
      Lock icon Hongkong's finest in Vancouver
      1385 14  -  Mass immigration has made the Canadian city the best place in the world, outside of Hongkong, to eat Chinese food, says mariam burros MARIAN BURROS NYT THE waiter leaned down, presenting a basket in which several wiggling spotted prawns, just fetched from the fish tank, were
      NYT  -  1,385 words
    • Article, Illustration
      Wrestling group buys Debbie Reynolds' hotel, casino
      302 14 PEOPLE [LOS ANGELES] Actress Debbie Reynolds stoically faced the music as the World Wrestling Federation bought her struggling Las Vegas hotel and casino for US$9 million (5515.5 million) at a bankruptcy auction on Wednesday, her son said. The star one of the few
      302 words
    • Article, Illustration
      An exploration of time and space
      913 14  -  Two artists, a Swiss and an Indonesian, offer their different perspectives ART By] Parvathi Narayan [SINGAPORE] Catur Yuga is a Sanskrit word meaning the four world ages. According to this Hindu belief, we are now living in the fourth cycle or Kali Yuga. This
      913 words
  • Page 14 Advertisements
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      21 14 Locate its owner through Classification 821 (Found). Simply call CLA.T.S. at 1800-737-1166 for this free service. •wO Another Classified l£±l*J Service
      21 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      198 14 Tim weathuk Singapore Showers over North, East and South in late afternoon. Temperature (25/33 C) La/HP Good. Jerwalem 1611 (fear Stockbotai IMB shown Auckland 11/17 doudy Mecca Sttt cloudy Vienna 14/26 cloudy Bangkok 2&33 showers Zaridi 14/25 dowfy Bejag a 34 Aimers Pupi WHI* Good. Bombay »32 showers Anslerdaia 1&11
      198 words
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  • COMPANIES & MARKETS
    • Article
      SingTel says it too may return cash to shareholders
      509 15  -  Telecoms company has $4.1b in cash and fixed deposits By i Catherine Ong [SINGAPORE] Singapore Telecommunications Ltd, flush with $4.1 billion in cash and fixed deposits, said yesterday it is also reviewing its capital structure with a view to returning cash
      509 words
    • Article, Illustration
      Lock icon NatSteel Electronics beats forecasts with 143% profit jump
      562 15  -  Interim net profit surges to $26.7 m; sales rise by 72% By. Jennifer Lien [SINGAPORE] Nat Steel Electronics (NEL) has exceeded forecasts with a 143 per cent jump in interim net profit to $26.7 million, and yesterday said it would beat its
      SIEW YAW HOONG  -  562 words
    • Article
      Looking for funds? Why not try the debt market
      664 15  -  HOCK LOCK SIEW Wong Wei Kong TOUGH times may force a major shift in the way Singapore companies approach the capital market. And the end result could be that the stock market may no longer be the first stop for companies
      664 words
    • Article
      STIC profit up 16%; provisions set at $70m
      419 15  -  Provisions mainly for its Indonesia hotel investments Hiji Annette Pau [SINGAPOREJ Mainboardlisted Singapore Technologies Industrial Corp yesterday announced better-than-expected interim earnings, along with almost $70 million in provisions mainly for its Indonesia hotel investments. For the six months ended June 30, net
      419 words
    • Article
      Lawsuit spurs trading in SM Summit
      204 15 [SINGAPORE] The SM Summit Holdings stock yesterday jumped as much as 21 per cent to 29 cents but closed just two cents up at 26 cents. Market watchers said interest in the counter was due to news on Wednesday that Summit had filed a
      204 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Delifrance posts 2% profit drop; appoints new exec chairman
        527 16  -  Turnover np 14% for SembCorp unit; retail division performed best By, Jenny Lam [SINGAPORE] French bakery Delifrance Asia, a subsidiary of Sembawang Corporation, yesterday turned in a flat set of results net profit fell 2 per cent to $8.87 million on
        FILE PHOTO  -  527 words
      • Article
        Tangs starts hire purchase scheme
        308 16 [SINGAPORE] Tangs, the flagship store of beleaguered retailer C K Tang, has started a hire purchase scheme for certain items in its electrical and electronic goods, furniture, and health and fitness section. The scheme, launched on July 31, is permanent, but certain items can be
        308 words
      • Article
        Sembawang Marine interim profit dips 5%
        189 16 [SINGAPORE] Sembawang Marine Logistics has reported a 5 per cent dip in interim net earnings to $17.3 million on a 15 per cent rise in group turnover to $111.9 million. For the six months ended June 30, other income, including interest income, jumped 46
        189 words
      • Article
        Merrill Lynch analyst misquoted
        137 16  -  LETTER TO 188 EDITOR Vincent Wong Vice-president (marketing communications) Merrill Lynch (Asia-Pacific) WE are writing to draw your attention to certain misquotations in the article entitled "Bearish Merrill Lynch report sparks selloff of SPH shares", which appeared in the July 23, 1998 edition of The Business
        137 words
      • Article
        No understanding to close Clob
        993 16 SES STATEMENT OM CLOB IN a letter to The Business Times, Mr Asgari Stephens of the NEAC Communications Team claimed that "when the two exchanges separated in 1990, it was the understanding that the SES would allow Clob to operate for a while with a
        993 words
      • Article, Illustration
        Lock icon EnerSave soars as high as 89% in first-day trading
        300 16  -  By Ven Sreenivasan [SINGAPORE] THE stock of EnerSave Holdings, the new kid on the block, surged as high as 89 per cent from its offer price yesterday on a speculative buying frenzy. The Sesdaq-listed stock of the Acma subsidiary hit an
        Source: Bloomberg  -  300 words
      • Article, Illustration
        Lock icon Creative unveils its Sound Blaster Live! card
        589 16  -  By, Jennifer Lien (SINGAPORE! Amid much fanfare, Creative Technology yesterday unveiled the muchtouted product that analysts say could make or break its fortunes the Sound Blaster Live! sound card. During a lively demonstration yesterday, some 500 Asia-Pacific journalists and distributors watched as chairman
        CHRIS LOH  -  589 words
      • Article
        Wing Hang posts 21% first-half profit fall, takes HK$120m charge
        558 16  -  Net HKs366m profit in line with results of smaller banks From( Quak Hiang Whai in Hongkong WING Hang Bank yesterday reported a 21 per cent drop in net profit for the six months to June 30, and unveiled a charge
        558 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Swire's 1H net profit falls 39% to HK$2b
        688 17  -  Every major division was sharply down with the exception of marine services From< Quak Hiang Whai in Hongkong A DAY after its associate Cathay Pacific Airways stunned the market with an interim loss, Hongkong conglomerate Swire Pacific Limited unveiled a 39.5 per
        688 words
      • Article
        Lock icon Sony shares fall 2.3% after SEC slaps US$1m fine
        387 17 It failed to warn of subsidiary Colombia Pictures'losses Bloomberg [TOKYO] Sony Corp shares fell as much as 3.4 per cent yesterday after the world's second-largest maker of consumer electronics said it would pay US$l million (Ssl.7 million) to settle US Securities
        Bloomberg  -  387 words
      • Article, Illustration
        Lock icon Roaring NYSE start for AngloGold
        59 17 [NEW YORK] A lion joining New York Stock Exchange chairman Richard Grasso and Anglo Gold chief executive Robert Godsell (left) at the NYSE on Wednesday in an event held to mark the company's initial listing. Anglo Gold, the world's largest gold company, is the first
        REUTERS  -  59 words
      • Article
        AsiaSat interim net falls 15% to HK$262.4m
        395 17  -  Turnover down 8-3%; chairman sees no earnings growth for this year or next From, Loh Hui Yin in Hongkong ASIA Satellite Telecommunications Holdings saw a 15.2 per cent drop in its net profit to HK5262.4 million (5558.4 million) in the first half of
        395 words
      • Article
        Lock icon CBS net up on ad growth
        124 17 Bloomberg [NEW YORK] CBS Corp said second-quarter profit rose because of advertising growth at its television and radio stations, and it announced plans to triple its share buyback programme to US$3 billion (555.2 billion). CBS' shares, though, fell as much as 8 per cent,
        Bloomberg  -  124 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Barclays' interim net income falls 1.8% to £887m
        359 18 Equities unit sold but earnings np for remaining businesses Bloomberg [LONDON] Barclays pic, Britain's second largest bank, said first-half net income fell 1.8 per cent as the loss of income from the equities business it sold masked rising earnings in remaining businesses.
        Bloomberg  -  359 words
      • Article, Illustration
        Lock icon Prized savings
        55 18 [KARACHI] A Pakistani vendor holding up a recently-launched s,ooorupee (SSI 75) prize bond in Karachi on Wednesday. Pakistan unveiled the prize bond in the hope of improving the country's saving rate, which is far below international standards. The bond offers a total 0f309 cash prizes worth 15 million
        REUTERS  -  55 words
      • Article
        UOB offers purchasing card to help firms cut costs
        299 18  -  By I Clarissa Tan [SINGAPORE] United Overseas Bank is offering companies a way to cut their cost of buying low-value supplies, and it says the market for this is worth $2 bilUon. The bank yesterday launched what it caUed the UOB
        299 words
      • Article
        Lock icon Korea Exchange Bank eyes merger
        375 18 Search for partner aimed at securing government aid to weather bad times Bloomberg [SEOUL] Korea Exchange Bank, South Korea's biggest commercial bank, is seeking a merger partner, a move aimed at enlisting government assistance to write off bad debt and help weather the country's deepest
        Bloomberg  -  375 words
      • Article
        Lock icon CNA to axe 10% of staff, close sites
        162 18 Bloomberg {CHICAGO] CNA Financial Corp, the third-largest US property and casualty insurer, said it plans to cut about 10 per cent of its workforce, hoping to boost earnings by reducing annual costs by US$3OO million (*****.5 million) to US$35O million. Chicago-based CNA,
        Bloomberg  -  162 words
      • Article
        Lock icon Stanchart ups Philippine capital
        292 18 Increase will allow bank to handle bigger accounts Reuters [MANILA] Standard Chartered Bank said yesterday it had tripled its capital in the Philippines to 4.5 billion pesos (*****.6 million) despite the ongoing financial crisis in the region. The bank said the capital increase would enable it
        Reuters  -  292 words
      • Article
        Lock icon Bank of NY to buy 80% of Everen unit
        155 18 Bloomberg [NEW YORK] Bank of New York Co has agreed to acquire 80 per cent of an Everen Capital Corp subsidiary for an undisclosed sum, as the bank expands into the clearing business. Everen Clearing Corp will become part of a
        Bloomberg  -  155 words
      • Article
        Lock icon Euroyen up on S&P ratings report
        197 18 hXYhwiik Report Reuters [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures perked up yesterday following ratings agency Standard Poor's affirmation of Japan's sovereign credit ratings. The agency said the outlook for long-term ratings remained stable. "TechnicaUy, the Euroyen looks very well supported. For
        Reuters  -  197 words
      • Article
        Futures fall on fears of slowdown
        170 18  -  MS& TAIWAN FUTURES Charlie Kuo Charlie Kuo, service dealer, Refco Singapore THE Simex MSCI Taiwan Stock Index futures dropped for a 10th day as concerns of economic slowdown over the Asian region continued to prevail. The August 98 contract rebounded slightly early yesterday morning
        170 words
      • Article
        Lock icon Oil rises as US talks tough to Iraq
        255 18 ENERGY REPORT Reuters [LONDON] Crude oU prices jumped after the White House said it would not aUow Iraq to defy UN arms inspectors amid signs that Iraq was beginning to carry out threats to stop cooperating with inspections. Benchmark September Brent crude
        Reuters  -  255 words
      • Article
        Lock icon CURRENCY REPORT
        279 18 Reuters THE US dollar rose against the yen for the first time in three days on speculation Japan's largest opposition party will stall banking reforms. "The Japanese government seems quite inert and unwilling to push through structural reforms," said Stuart Kinnersley at Nikko Global Asset Management. He expects
        Reuters  -  279 words
      • Article, Illustration
        Untitled
        1033 18 DTTBRBAim OQ88 RATBS c> >■> km f» m m mntmuk r« m» n pNtb m> a w ia mim us$ 0.917 M7» 0140 31* 1179 4197 ********** 0J77 7.510 2JO U05 ***** ***** 1049 1729 1904 219B 21& ill W S?" £2! 1466 2-52 I* 3 1-1M W02 27.975 *****
        1,033 words
    • Article
      COMMODITY PRICES
      1647 19 SICOM FUTUKES Aug6 RUB8CR (Mom dosing «s «t S.JOpm) RSStCONTRACTncMtsAf) CIom Volmm Open Mowtfe High 1— Sott (tows) Interest Sep 98 113.00 <90 Oct 98 IU25 M50 Nov 98 H150 1450 0K 98 TV4.50 IM.25 1M.25 375 1850 Jan/Mar 99 114.75 2025 Apr/Jan 99 ***** 1950 Jui/S«f>99 125.50
      1,647 words
    • Article
      WORLD STOCK MARKETS
      2190 19 LMDOM jgj Peace 31 Group 540.000 -8.400 A8 Ports 330.000 -1.000 AMwy National m2.000 15.000 AWedOomecq 555.400 -2.600 Amec *****0 +1.000 Asda Group 187.200 -2.800 BAT Ind 658.400 9.000 8G Ptc 376.000 -4.000 wcc n&600 -4.400 BOCGroup 753.400 8.400 BR Petroleum 767.000 -19.000 BTR 159.200 1.000 Bank
      2,190 words
    • Article
      Lock icon TOKYO
      1570 19 Bloomberg Q Nikkei 22S -118J4 JAPAN'S benchmark stock index fell to a three-week low amid signs a government plan to bolster the country's financial system may stall in parliament, which gave another headache to investors concerned that Wall Street's woes aren't over yet. "The verdict is still out on
      Bloomberg  -  1,570 words
    • Article, Illustration
      Lock icon HONGKONG
      1486 20 Reuters C 3 Hang Seng -212.07 STOCKS fell sharply yesterday to finish the day at their lowest close since January 1995, under pressure from higher local interbank rates, a weaker yen and poor corporate results, analysts said. The Hang Seng Index fell 212.07 points, or 2.84 per cent, to
      Reuters  -  1,486 words
    • Article, Illustration
      Lock icon CHINA
      615 20 Reuters nShenzhenßlndex -156 SHANGHAI B shares closed down 5.24 per cent yesterday as both domestic and foreign investors sold on poor 1998 interim results, brokers said. The hard currency B Share Index lost 1.636 points to 29.606 after hitting an intraday high of 32.690. Turnover expanded to US$7.O2 million
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  615 words
    • Article
      Lock icon TAIPEI
      351 20 AFP □wPlndoc -27J9 TAIWAN stocks fell for the fourth consecutive session yesterday, slipping 0.4 per cent on strong selling of technology shares, dealers said. The Taiwan Stock Exchange Weighted Price Index dropped 27.99 points to 7,471.74, after a 1.2 per cent decline in the previous session. "Institutional investors reduced
      AFP  -  351 words
    • Article, Illustration
      Lock icon JAKARTA
      766 20 Bloomberg n Composite Index -7.95 INDONESIAN stocks feU for a sixth day, led by phone company PT Teikom, as rising interest rates created concern the country's recession will deepen, threatening more companies with bankruptcy and throwing millions more out of work. "If the government lowers interest rates, you'll have
      Bloomberg  -  766 words
    • Article, Illustration
      Lock icon BANGKOK
      787 20 AFP CI SET Index -10 THAI shares slipped 0.8 per cent at the close of trade yesterday, losing early gains amid overriding negative sentiment led by selling in blue-chip bank stocks, analysts said. Analysts said optimism in the morning was quickly dashed by the central bank's denial that it
      AFP  -  787 words
    • Article
      Lock icon MANILA
      328 20 AFP CI Manila -4&86 PHILIPPINE share prices closed 2.9 per cent lower yesterday as foreign brokers dumped blue chips to push the index to a five-year low. The PSE Composite Index shed 43.86 points to 1,480.89, its lowest since April 1, 1993. Turnover fell to 396 million shares worth
      AFP  -  328 words
    • Article
      Lock icon SEOUL
      419 20 AFP PComposite Index jjl SOUTH Korean share prices yesterday closed 0.7 per cent lower on worries over the Japanese yen and underlying concerns over the possible devaluation of the Chinese yuan, dealers said. They said the market was trading on positive territory throughout the morning session on a technical
      AFP  -  419 words
    • Article
      Lock icon SYDNEY
      600 20 AFP QAM Ordinaries -37.8 SHARES slumped 1.4 per cent yesterday on the back of a weaker futures market, wild fluctuations on Wall Street and sickly Asian bourses. The All Ordinaries Index fell 37.8 points to 2,602.4, building on Wednesday's deterioration. The All Industrials Index closed down 57.4 points at
      AFP  -  600 words
    • Article
      Lock icon WELLINGTON
      252 20 AFP Q Wellington -25.47 STOCKS fell 1.2 per cent yesterday on turnover of NZ$ll9 million. The NZSE-40 Index was down 25.47 points to 2,018.81 with forester Carter Holt Harvey, on the back of a severe first quarter profit slump, down nine cents to NZ$l.9O. Low interest rates failed to
      AFP  -  252 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        7803 21 INDUSTRIALS Cmmmt products Last Vel Day Hat Cap Hlqh Low Company Sal* OOP Hlfh Law P/I $m« 310 175 Ajmomoto 175 9.7 70.9 148 40.5 Anqkasa 40.5 -2.5 9 42.5 40.5 0.9 59.7 290 123 Apollo Food Hlq 135 -3 34 135 133 4.7 54.0 388 139 Barjaya land 146
        7,803 words
      • Article, Illustration
        Shares down on Thompson rating cut
        371 21 C 3 Composite Index -&51 MALAYSIA'S key stock index ended 1.4 per cent lower yesterday as news of another downgrade on the country's sovereign risk rating added to gloomy sentiment, dealers said. The KLSE Composite Index closed at 374.78, down 5.51 points from Wednesday,
        371 words
    • WARRANTS & OPTIONS
      • Article
        Tat Lee Bank wrt may be a good buy
        213 22  -  WARRANT WATCH -By R Sivanithy BANK stocks have been very much in play recently, either because of UOB's supposedly better-than-expected results, or possible mergers, or simply because banks provide the only real investment avenue in a dead market. Whatever the case,
        213 words
      • Article
        Untitled
        3186 22 BONOS, LOAMS ft WARRANTS m 1998 Last Vol Day Last Ouota A»o M*h low St no Company SM COOO> Hl«h Low Buyor Sailor Prtco 23.5 9 m 3000 m AMOB c5.5******6 9 unch 4 9 9 9 10.5 20.5 4 3160 A Acar ******1USS 4 unch 10 4 4 4
        3,186 words
    • Article
      CLOB INTERNATIONAL
      2064 22 Transaction date Aug 6 Gf Qf if* VM B«y La* OmU Dto Otv YM Mat U Cap Hl» L— Sim Caaapawy SaM COOP) far —yar Mhr CV P/t twll 135 28 mtSOOO AiSBSOc 32 -2 SS34 32 32 33 5j0 13 12 05 32* 653 10.5 m»5001 AM08S0C
      2,064 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6001 23 Transaction date: Auft 6 Gr Gr m Wt •996 Last Vol Day Last Quote 01* CNv VM Nat Cap Avg High Law StNo Company Sato COOP) HHH Low »uyof Seller CV P/E Smll Price INDUSTRIALS 43 12.5 a 1020 ACE Dynamics20c... 17 -1.5 12
      6,001 words
    • Article
      SESDAQ
      1212 23 j**!j- a rJS, i <c si £Z£: 134 50 2000 A BR Hid** SC 79 I I I T 79 I 3 7Q r ,N 60 585 59 v,3 t? :!£Esr5£z£? 1c '1 «1 5 5 *2 20 83 u i 2M7 2 5 162 19 ,7 5 18
      1,212 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        221 24 Stocks Volume Enersave Kk 42,700,000 SingTel 15c 7,019,000 *M Resources 6,609,000 Panpac Media 5 6,313,000 UOB Foreign 3,918,000 •Pub Bk Foreign 3,660,000 ST Capital 25c 3,514,000 ST Engg 10c 3,188,000 TAC BtIO 200 2,724,000 SM Summit 10c 2,685,000 Stocks SPH 26,708,012 Enersave 10c 25,737,480 UOB Foreign 20,981,640 SingTel 15c 18,363,538
        221 words
      • Article, Illustration
        HOT STOCK
        69 24  -  -by Shiv Taneja SM Summit closed two cents, or 8.3 per cent, higher yesterday at 26 cents on a volume ot 2.68 million shares. The daily and weekly RSI and Stochastics have been rising over the past few weeks, and are currently at around the 50 level. However,
        69 words
      • Article, Illustration
        Lock icon SPH capital-reduction proposal boosts sentiment
        633 24  -  STOCK MABKBT COMMENTARY Bank stocks, IPO fever also provide some excitement, bnt market weighed down by 10-year low in EL stocks R Sivanithy [SINGAPORE] Bank stocks, IPO fever and Singapore Press Holdings' capi-tal-reduction proposal helped provide some excitement in the local stock market yesterday, but
        Source:  -  633 words
      • ON THE GRAPEVINE
        • Article
          Hairy times
          62 24 EVER wonder why the senior bankers at HSBC Holdings all have grey hair? Chairman John Bond explained on Monday when he briefed reporters on the bank's interim results. "I have been through four recessions. That's why I have grey hair," Mr Bond quipped. Mr Bond's predecessor William Purves,
          62 words
        • Article
          And more than grey hair?
          114 24 CHIEF executives should be prepared to step down if their performance is not up to scratch. And in the case of Hongkong, there's a group of activists that are pushing for (also grey-haired) Tung Chee-hwa to step down if the Hang Seng Index drops below
          114 words
        • Article
          Not Asian values, but optimism
          183 24 WHAT'S made Asian economies successful until recently may not be due to the much-discussed Asian values like thrift, hard work, education, respect for authority and the like, at least according to a recent survey commissioned by The Economist There could be a simpler— maybe even
          183 words
        • Article
          Who says there's no free lunch?
          132 24 WHAT a lovely change competitive pricing makes. After Pidemco Land announced on Wednesday that its Woodsvale executive condominiums will be sold at an average price of $378 per square foot, house-hunters have homed in on what they think is a jolly good buy. We
          132 words
        • Article
          No fooling (around) this card
          106 24 UOB'S Purchasing Card, which was launched yesterday, is not subject to the Monetary Authority of Singapore's two-month salary credit limit. The reason why the card is exempt from the authority's restrictions, UOB's credit card section general manager Francis Hsu told a press conference, is that
          106 words
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      Page 17 Advertisements Column 1
      239 17 J I -O; *£.\Jt/<jU)ktSl Ufidtr -fh*. $XA/\ M 7. A f»k Uv( Kul A W..1 I* A sii^, A r .UJ, .LUr K S,A«I Aur K fa4Xj» An) IrfwJ A K R.l.iji fcUo K P*ok* >. itf K' v 1 YOUR Ml OFFICE T" <g?3 Jj. ITS WHEREVER YOU SIT.
      239 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      110 20 NOTICE IS HEREBY GIVEN that, I Giorgio Ferrari of 9 Oxley Rise Apt. #05-03 Singapore *****7, have applied for a Ist Class Extended Public House Licence in respect of M/s Caro Amico Caffe-Trattoria Pte Ltd located at No. 20 Upper Circular Road Riverwalk R6 #01-39/41, 65a, 66b/67b Singapore *****6, and
      110 words
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      Page 20 Advertisements Column 2
      111 20 NOTICE IS HEREBY GIVEN that, I Goh Yock Hsia of Blk 420 Woodlands Street 41 #06-187 Singapore *****0, have applied for a First Class Beer House Licence in respect of M/s KPT (Woodlands) Pte Ltd located at Blk 515 A Woodlands Drive 14 #01-181, Singapore *****5, and that this application
      111 words
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      Page 20 Advertisements Column 3
      105 20 NOTICE IS HEREBY GIVEN that, I Lim Kim Huat of 241 Hougang Street 22 #10-41, Singapore *****1, have applied for a Wholesale Liquor Shop Licence in respect of M/s Winspeed Marketing Supplies located at 360 Changi Road Singapore *****2, and that this application will be considered by the Liquors Licensing
      105 words
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      Page 20 Advertisements Column 4
      9 20 Turn to Pages 23 to 24 for more Notices
      9 words
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      Page 21 Advertisements Column 1
      102 21 TO ADVERTISE CALL TOLL-FREE 1800-741 1883 Corrigendum rotec (S.e.a.) pte ltd -t (In Voluntary Liquidation) Notice in the Business TS-»~ a-j 4 4 iQou NOTICE IS HEREBY GIVEN I imes on 3rd August IWB pursuant to Section 308(2) of the Tan Boon Tong Compaate* Act, Cap 30 that the Final
      102 words
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      Page 21 Advertisements Column 2
      109 21 NOTICE IS HEREBY GIVEN that, I Lim Joo Yong of Blk 102 Jalan Rajah #05-26, Singapore *****2, have applied for a Retail Liquor Shop Licence in respect of M/s My Fresh Supermarket Pte Ltd located at Blk 264, Serangoon Central #01-217 Singapore *****4, and that this application will be considered
      109 words
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      Page 22 Advertisements Column 1
      36 22 r .j y> A f Alfred dunhill JB WKKHUA Ink Nkw Al) 2000 Carbon Fibre Fountain Pen k Nkw Ckntknary Facktkd Watch M^P RAFFLES HOTEL ARCADE THE PARAGON NGEE ANN CITY OUB CENTRE SOGO RAFFLES CITY
      36 words
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      6 23 TO ADVERTISE CALL TOLL-FREE 1800-741 1883
      6 words
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      Page 23 Advertisements Column 2
      108 23 NOTICE IS HEREBY GIVEN that, I Ng Hwa Seng of Blk 102, Jalan Rajah #04-23 Singapore *****2, have applied for a Retail Liquor Shop Licence in respect of M/s M Come Pte Ltd located at Blk 102, Towner Road #01-278 Singapore *****2, and that this application will be considered by
      108 words
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      Page 23 Advertisements Column 3
      117 23 NOTICE IS HEREBY GIVEN that. I Tan Geok Hong of Blk 82-B, Toa Payoh Lorong 4, #05-500 Singapore *****2, have applied for a Retail Liquor Shop Licence in respect of M/s Bee Cheng Hiang Hup Chong Foodstuff Pte Ltd located at Blk 190, Toa Payoh Lorong 6, #01-566 Singapore *****0,
      117 words
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      Page 23 Advertisements Column 4
      111 23 NOTICE IS HEREBY GIVEN that. I Tong Choon Sung of No. 556 Balestier Road Singapore *****2. have applied for a Retail Liquor Shop Licence in respect of M/s B<ee Cheng Hiang Hup Chong Foodstuff Re Ltd located at 237-239 Victoria Street (Bugis Village) Singapore *****8, and that this application will
      111 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      507 24 _BPSINjjSSAo/tees To advertise cull toll-free 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF IRONWOOD PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 89 Science
      507 words
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      Page 24 Advertisements Column 2
      341 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WONDERFUL PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Cap. 50. that the FINAL MEETING of the members and of the creditors of the
      341 words
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      Page 24 Advertisements Column 3
      323 24 NOTICE IS HEREBY GIVEN that, I Sim Bee Chuan of 151 Yung Ho Road #12-73 Singapore *****1, have applied for a Retail Liquor Shop Licence in respect of M/s Bee Chuan Enterprise located at 151 Yung Ho Road #01-87 Singapore *****1, and that this application will be considered by the
      323 words
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      Page 24 Advertisements Column 4
      508 24 COMPANIES ACT CHAPTER SECTION 290(2>(b) notice or resolution actus smoAPon mi) ltd (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Actus Singapore (Pte) Lid heW at 1 Chai Chee Avenue. Singapore *****9 on the 3rd day of August 1996. the following special resolutions were duty passed RESOLVED: 1.
      508 words
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      Page 24 Advertisements Column 5
      520 24 M THE MATTER OF THE COMPANIES ACT. CAP. 50 ANO M THE MATTER OF DEUTSCHE BABCOCK ASIA PACIFIC PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Oompany duiy convened and held at Duisburger Str 2?i£^2? 4 0b mau,
      520 words
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      Page 24 Advertisements Column 6
      335 24 NOTICE IS HEREBY GIVEN that, I Clarence Tan Kok Leng of Blk 586 Pasir Ris Street 53 #11-63 Singapore *****6, have applied for a Wholesale Liquor Shop Licence in respect of M/s Real Well Trading locatetf at 111 North Bridge Road #03-34 Peninsula Plaza Singapore *****8, and that this application
      335 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      338 25 Bridge News THE Atlantic market continues to look bearish for the Panamaxes with no sign of relief in the next couple of months, according to some brokers. Although the summer months have been dire, some think September and October could be even worse as business from South America
      Bridge News  -  338 words
    • Article
      MARITIME STOCKS
      285 25 m M CWT Distribution 0J2 unch 14 Chu«nHup 0.385 *0.009 34 Cmcq Invottmant 0.465 -0.03 17 FraigM Links 0.165 unch 107 08 Holdings 0.205 -0.005 6 Hal Sun Hup 0.405 *0.005 40 Hitachi Zosan 0.54 unch 144 IMC Holdings HK 5.60 Jaya Holdings 0.38 -0.02 21 Jurong Shipyard
      285 words
    • Article, Illustration
      MPA rebuts criticism of vessel guidance system
      550 25  -  VTIS is an information service; navigation rests solely on masters By] Felix Chan [SINGAPORE] The Singapore Vessel Traffic Information System (VTIS) is aimed at facilitating safe navigation and its instructions should not be interpreted as orders to ship masters, the Maritime and Port
      550 words
    • Article
      CIF policy with clause 'ex factory also covers risk of inland transport
      827 25  -  ADMIRALTY CASEBOOK i By\ Selva Kumar AN "ex factory" marine insurance policy for a CIF (Cost Insurance and Freight) shipment could apply "retrospectively" to inland transport although the insurance contract was made just before the goods were loaded
      827 words
    • Article
      UK ports group ABP investing for future
      328 25 ABP makes first foray into overseas market [SINGAPOREJ The Associated British Ports (ABP) group has 23 ports and is the largest port group in the United Kingdom, but it is still investing in the future. It handles around a quarter of the UK's
      328 words
    • Article
      Lock icon Port Klang much cheaper than S'pore: KL minister
      216 25 Bridge News [KUALA LUMPURJ Malaysian Transport Minister Ling Liong Sik said yesterday that the cost for ships calling at Port Klang was one-third that for ships calling at Singapore, adding that Malaysian ports are more efficient than they were a few years
      Bridge News  -  216 words
    • Article, Illustration
      Lock icon Rocket launcher journeys home
      84 25 [CAIRO] The Sea Launch Odyssey platform sails past a mosque as it exits the Suez Canal on its way south into the Red Sea on Wednesday. The Odyssey, a former North Sea oil drilling rig which has been redesigned to launch rockets, is on its way
      REUTERS  -  84 words
    • Article, Illustration
      Lock icon Planned tie-ups raise hackles
      878 26 AIRLINE INDUSTRY Critics say the alliances proposed by major US airlines will not prove as beneficial to consumers as they say NYT [NEW YORK] THE airline industry has always been a good breeding ground for copycats, so when Northwest Airlines and Continental Airlines, the country's Fourth-
      NYT; FILE PHOTO  -  878 words
    • Article
      SHIPPING SCHEDULES INDEX
      351 26 PAGE Foong Sun 8 ANL 3 Fro, 15 Accord S Frt Links 16 Ahrenkiel 14 L nk 4 Appenship 5 Gemartrans 8 Astro 3 Genshpg 9 Austral 9 Glory av '6 Avant 16 H *$unHup 8 B tang Mas 8 Han 9'' BSA 7 Han i ,n
      351 words
    • Article
      SHIPPING GUIDE
      17721 34 THEBUSINESSTIMES thebusinesstimes EXPORT i nuuuui l, i ZJZTi £TA ETA Adv«rtii»r V»s»l Voy»g« T#i»phon« I ETA ETA Adv»rti»»f VMS* Voy*q» Tt<«phon« I ETA ETA AdvtrtlMr Vtts* ITT" CTA ETA Advtrtistr VH»I Voyaga Talaphona ETA ETA AdyartUar Vassal Voyaga Talaphona SIN Dnl'n Nam# Nama NumMf Numbar SIN Dastn Nama
      17,721 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      19 25 Planned airline tie-ups in US raise hackles Critics say they will not prove very beneficial to consumers. Page 2
      19 words
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      Page 25 Advertisements Column 2
      93 25 3 Japan airlines get 86 extra slots atNarita JAL, ANA and JAS receive 28,44 and 14 weekly landing slots respectively. Back Page LJ\y \_2J AGENCIES PTE. LTD. PURE NEUTRAL NVOCC TO: 1 USA HONG KONG PUSAN OTHERS 4 VI A A 1 r 0 I 0 VA All If 0
      93 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      833 26 I NORTH Z3 1 EXPORT I I OTHER DESTINATIONS I I 88X SUPER SHUTTLEEXPRSSS DIRECT TO LA DIRECT SERVICE TP WIST COAST SOUTH AMERICA/ABU AWDM »^75T| vot HAS* maw u» dm hou chk meocoorr vor Ism —I'mamzamuo I UIUI I I i »/M 01/N 01/N 02/ M 137 m 07/
      833 words
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      Page 26 Advertisements Column 2
      89 26 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW PORTS Hong Kong ft All China Port* lEVERY THUR A SUN VESSEL) VOY tTD SIN ETA TYO ETA KOI ETA YOK ETA NGO ETA OSA HOUSTON V.OI 157
      89 words
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      Page 26 Advertisements Column 3
      582 26 Lines serv ces representee (CE3;) y Me-De's a» the Reg stry ol Sngapcxe Rj^arders Accredited Snipping Agents Association V"*-y Singapore Snipping Assoc ation NORTH WEST EXPRESS LINE ACCEPTING CONTAINERS, BREAKBUIK 4 PROJECT CARGO T0... DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "ARKTIS TBN" ETA SIN 20/08/98 BOOKINGS CALL JUUA/MONICA TEL 323 4374 NEW
      582 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1052 27 TO EUROPE FROM EUROPE Ivcsa VOY SIW RTM ANR HAM RRV SOU FH UH IvESSEI VOTI RTM ANR HAM RRV SOU fXT LtH SIN LA LOWE 522W 07/01 23/0R 25/08 28/08 29/08 NQtPtAM 00X22/07 19/07 21/07 14/07 01/01 HY GENERAL 313W 10/08 27/0R 29/08 01/09 24/01 TYNE 5221 19/07 21/07
      1,052 words
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      Page 27 Advertisements Column 2
      1853 27 HANJIN SHIPPING HAIUW SMTPING (5) PTE ITD Imp //mm hnjn <om BOOKING *****35 237 SALES 32M224 231 DOCUMENT 32*0271 274 OK RATION *****41 252 MAIN UNf *****55 FAX ***** M CR NO II*****0000" TO NW USA CANADA HFS USA CANADA* I 1 5 "|™1"»I™1 CM '1»» 5 '1"'1»"I"»1"1™ TV. 1
      1,853 words
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      Page 27 Advertisements Column 3
      491 27 VESSEL VOY_ _SjN_ PKG VOY SIN HKG KB USN PUS TyQ*^p!npi(G|YESSfl^^^^o^p!j^HtT XMTC PUSAN 810S 07/08 14/08 16/08 11/08 19/08 1 807S I !M£ 1 !«/M IkHTC S2aW |!fs Im'Ool u"08 MONTANIA lIS 09/08 11/08 IIM 12/08 U/08 I J/08 70/08 21/08 KMTC HONGKONG BOSS I 73/08 I 7S/08 IimiNOAISPItINTEII 01
      491 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1376 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED MiA/ItoriiafIUNEANCANADA VESSEL VOY US"™ LtH HTM AMU HAM WW ft* <0 OH SK FOS W.C MTW HANJMBARCELONA WW 1| M ?7 06 tttt IN tl H W* WM«3S NN MM 2f Of UN M.H KM WW HAMJMKEELUNG WO63S 14W MM WW WW MW MM
      1,376 words
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      Page 28 Advertisements Column 2
      1007 28 S»PURE M'Sla I Pf -T" COMTR LINES, INC P. GUOANG: (07)*****28 [ZJ\y \ZJ S®1): (064) *****9 MANILA: (832) *****34 BANQKOK: («0 OM6S7 SURABAYA: pi) *****0 (03) *****77 JKT: (21) *****07 MOW; (81) *****3 KUCHINO (062) *****1-3 XINGANG PORT KELAHG/PENANG MV FRANCONIA V.FNAI4G MV "JARU BHUM" V.8387 ETA SIN: 17/08/98 ETA
      1,007 words
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      Page 28 Advertisements Column 3
      460 28 LINE 9T TUi SM34S« MXi *****13 r I MUARA "1 I LABUAN vissa vor no ha vissa vor etd ru SPORE MUARA SPORE UN APttGUfT V2OE/91 M/M 11/ M APRiaOfV V2OE/98 08/08 12/01 iprospb vw/w u/oo u/os iprospb not/n 13/00 i//m APR& GIORT V2II/9® 17/ M 20/08 AMHtOOtY V2IE/M 17/
      460 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1543 29 VESSEL VOY SIN PQU PKG PEN PQB PUB &HJ _BA BIK IRAN TAKHTI PJL 1300 14/08 22/08 23/08 23/08 24/08 IRAN TEYFOURI PJL 1302 19/08 27/08 28/08 28/08 29/08 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS CoUN^S^ D^™*' J o lA UZBEKISTAN, TURKMENISTAN, KIRGISTAN. TAOZHIKISTAN > GEORGIA VIA
      1,543 words
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      Page 29 Advertisements Column 2
      2279 29 TO ISRAEL 1 IN 13 DAYS EVERY THURSDAY J I aS™ 8 l»ggS.«!Wa 6 SHENTON WAY TIL 224 1900 f*X: *****08 OUTWARD (l/l) *****02 JOHORE OfFKt: Iri mnm.S !IL2 15"" SAL!S/,I<GS 4205M1/O INWARD otPT (D/OJ *****8S COSTAR AGENCIES (M) SDN BHD MMM^M T/SHPMT PEPT *****25 TEL 02-07-35 ***** FAX: 02-07-353<170
      2,279 words
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      Page 29 Advertisements Column 3
      613 29 EASTERN CAR LINER, LTD.'^l^lT- 02 |tj ECL (SINGAPORE) PTE LTD SPiCIAUZE IN RORO HEAVY LIFT UPTO 122 TONS ECL (SINGAPORE) PTE UD LOADING FOR YANGON/HALDiA COLOMBO/CHITTAGONG MV "TERESA PRESTIGE" V.19 MV "KEISHUN" V.78 ETA SIN 07/08/98 ETA YGN 12/08/98 ETA SM 09/08/98 ETA COLOMBO 14/08/98 ETA HALDtA 16/08/98 ETA CTG
      613 words
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      Page 30 Advertisements Column 1
      1854 30 I Ki I i ■^c—■ I yxi i I ■m H'^HMVHißiSHiHnnnn^^^^^H HJLBUti)liUijiaa^9UDNiiW V *T— [Nrt- j*Wj p.lfatofc flw. Mhw I-1,. I s^ FwdwC-ww FMO3S 01/W 70/W 72/01 72/W 74/01 07/W 04/W OA/W 01/W Pre^fyCo—«. PPO3S 13/00 7S/0> 77/ M 77/0> W/W Q7/W OVW H/W il/W- -***<*-« *«E—m Mi saw m.
      1,854 words
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      Page 30 Advertisements Column 2
      439 30 fa. NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel voy I sw I pui I dub I err I »/w GOIPBIDKAGOW VOO6S 10/01 20/01 24/00 M/M HAMSA(ASTHIA VOOIS 14/01 25/01 29/0» 03/W mminaxßS vo23s 23/00 o;/w 11/09 MAMIAJQUEBI y.029S 31/08 09/09 13/09 11/09 21/09 NAHtt)WAGOH V.OOK 07/09 17/09
      439 words
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      Page 31 Advertisements Column 1
      409 31 BSA il MYANMA wßmk FIVE STAR LINE r (Myoa*ar National Liaa) vA Loadiig for Yobjob (Rangoon) vcsa vor sm pkl km pou smwi nw sio PATH! IN ISOW M/M MALAYSIA AGENTS: OOUSTUD SHIPPMG AGENCIES KUL TH (03)*****00 PKL TH (03) 37M101 POt TH (04) *****0) PGU: TEL (07)*****21/4 BANK LINE
      409 words
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      Page 31 Advertisements Column 2
      1194 31 HYUNDAI MERCHANT MARINE CO., LTD. pus S jgLUfIU KTM m HME LMLLm voyl sou I uh I n» I MIT lium Is» I Trnr LA LOOK 522W 17/00 20/00 29/01 23/00 25/00 DM 5211 17rt7 iSw 15/07 T~ iS X3 nLHY GENERAL 313W 10/00 20/01 27/00 29/00 01/09 OA** 20®
      1,194 words
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      Page 31 Advertisements Column 3
      1069 31 norwayon ipmxtzed outooammn S^^j%£S £lMS£/v (jJ©c§(si](3 TO NORTH AND LATIN AMERICA "RORO HEAYYUFT SERVICE"' VOY RAMP HEIGHT SIN LAX CRI MIA SAV |AI ORF NVC NEW MOI WJOU Flit 4001 ms "mW 10/09 19/09 22/04 24/04 2*7oT 27/04 21/ M 03/10 M/l0 TAMPA FBI 7 400 Tan 6.3 M 26/00
      1,069 words
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      Page 32 Advertisements Column 1
      788 32 a m IMBWggigginn a mt a Bfci a o mm**** jIMIWQIWW TA WWIT/UiM CHABAMO J A K ART A/PA N JAN Q VESSEL VOY SIN BKK MTP LCH~ VESSEL VOY SIN JKT PJN MATHUBHUM 375N 08/08 12/08 11/06 DEJA BHUM 759S 08/08 13/06 YAMTRA BHUM" 282N 09/06 12/06 13/06 ANRO
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      Page 32 Advertisements Column 2
      494 32 BINTANG MAS SHIPPING PTE LTD. 30 NEIL ROAD, SINGAPORE 0206 TEL: *****68 FAX: *****64 TLX: R*****6 SINMER cr NO **********0W Receiving Cargo at PTI L Blntulu I Muara ms£i vor sim |tu mm m m m IS w2!« SfOT M ,,ri m,3t mvw w W,,4{ 2 > M MM ¥98
      494 words
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      Page 32 Advertisements Column 3
      608 32 I jft ACCORD H SHIPPINO PTE LTD *****15 (40 Linaa) FAX: *****30 NtTUAMG (03)*****01 M O«KT ACCESS TH: *****55 (IXPO6T SOOWNO) PASMGUUJK (17)*****77 ******4 (tXPOST DOC), *****39 (IMPOST) PBULHG (94) SSI 1440 UWjHTTIh/ /WWW.ACCORD .COM.SO MUMU (31) *40 0770 *OM ITA tin PORT ITA SIN PORT ITA SIN PORT ETA
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      Page 33 Advertisements Column 1
      397 33 indonesianaHonallin^l TO EUROPE T ■xPWMas»ii-coirPMNBw«m«iHViCT ~VSL I VOY I TOM ADAM/BOA* H lURG IfIEMEN AMTWERP A VESSEL I tO/ID 25/10 OMIT 08/11 TO AUSTRALIA 1 FUU. COfTOUNCT SgRVtCg vm. [virprm m I mt «vo Ma HBA m Ifmipujydiwwwelhi |iMm»,w|aw| aw wo aw ww AUSTRALIA* BfTMPWSE 17S |M ZZ4M| tZM MM
      397 words
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      Page 33 Advertisements Column 2
      790 33 Caaagpif pacific international unes (pte) ltd] I K l4O Cocil Street, #03-00 PIL Building, Singapore *****0. CB NO **********06 Ires VOY pkl SIN m syp mil rur mam MJNGA TIRATAII 8TV293 4/8 7/S 14/8 19/8 21/8- jui T/i I OOCI ACCLAIM 019 7/8 VT~ 20/8 Wi I \\)j jjfi i'lk
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      Page 33 Advertisements Column 3
      891 33 VFSSFLS VOY SIN JED MLA LEH HAM THP RTVI ZEE V*l£ DC TANYA T27W 10/06 19*08 WM jjg 31/06 02/QB 02AM 03/00 W-LEDE TAURUS AZ7W 17AB 26/06 31/06 06*06 07/08 08/09 00/08 10/00 VK-LE D'AQUARIUS U27W 25/06 02/08 07/08 12/08 14/08 17/08 17/08 18/08 VILLE D 6 ANTARES L27W 01/00
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      Page 35 Advertisements Column 1
      50 35 ■bTaI STElffc Dial 740-6000 on demand 1 —(Retrieve more schedules!) Press "1" Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number STBtjEnter your phone number Another innovative service offered by CTe The document Will be SHIPPING TIMES sjtD
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      53 37 Vaul STEaT| Dial 740-6000 on demand (Retrieve more schedules!) Press "1" J C _JPV Select the port and key in the four digit code eg: To New York (NYQ 2275 I Key in your fax number ir s»JEnter your phone number v < Another Innovative service offered by The document
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      Page 38 Advertisements Column 1
      991 38 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 LINE: *****41/43 JESSICA/CELIA/MEI CHAM 7 SLGS/WEEK 2 SLG/WEEK VOY SM JAK VESSEL VOY WW PLB DERAJAT 1311 08/08 (SAT) 11/08 (TUE) TWADIKA 1336 IN
      991 words
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      Page 38 Advertisements Column 2
      513 38 1 hjgg EH6 liE SHIPPIN6 CO ETC UP I T«fc S3JOS7S (4 IkMl Ftu IDMM/SUMM L£ tt fci HiMHIIIH J VfSSa VOY SIN ETA SIN ETD Of SANATION I C r?i, 8 ,0 7 7 Pwwnß^/Plkw I Morco W042 IS/98 07/08 08/08 Perawno 1 Ungpljoyo >0/98 INPT 12/08 Oumo/Pwowna Morco
      513 words
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      Page 38 Advertisements Column 3
      418 38 m FAR EAST 10/08 KEELUNG/KAOHSIUNG 10/08 BANGKOK 10/08 MANILA/CEBU 10/08 JAKARTA/BELAWAN/SURABAYA 10/08 PORT KELANG/PENANG/E. MALAYSIA 11/08 BUSAN 10/08 TOKYO/YOKO/KOBE/NGO/OSA 10/08 HONG KONG SIN CHINA 10/08 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DAL lAN/SH ANG H Al/X ING ANG TIANJIN/QINGDAO/HAIKOU SIN EURQPEfIJK 10/08 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES m USA/CANADA 10/08
      418 words
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      Page 38 Advertisements Column 4
      450 38 rfCm Singapore Soviet Shipping CPL a to lOOSOUOOOON k\\l MMn Shipping PI W)33) (*My Ow*d Sotadwy) at Ht **********0 C VESSEL VOY SIN BOM PNG PKL KOTARUKUN RKNOO9 08/06 15AM 27/08 28AM KOTARATU RTUOI7 14AM 21/06 02/09 03AM BUXMOON 116N 20AM 28AM 09AM 10AM [VESSEL VOY SIN CALCUTTA SIN NEVELSK
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      Page 39 Advertisements Column 1
      1112 39 ASIA-MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE VESSEL VOY SIN CMB I PtR LA SPEZIA I VIC I lEH I FXT ANT MSC KERRY 9830-3 06 AUG 20 AUG 23 AUG 25 AUG 29 AUG 30 AUG 31 AUG MSC ROSSELLA 9831-3 09 AUG 23 AUG 26 AUG 28 AUG 01 SEP
      1,112 words
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      Page 39 Advertisements Column 2
      1819 39 IBMHRB i 51 K S« veer/WAS _as—m—m—m H^jm^juG^jmm_isml I ,101 »j* )1M 01.Of 05 09 HTRSMHUS 02EA28 1107 IXO7 1107 1107 0100 0100 11.00 1100 1100 |i 03mM W M 01M 0719 010* 1219 WTH UfTAAfS 051A29 1917 21.07 2107 25.07 11.00 1710 1100 20j00 1100 UMW FMM MM, RAMTA.
      1,819 words
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      Page 40 Advertisements Column 1
      1518 40 VESSEL VOY SIN MAA SIN TIGER BRIDGE 641N 09-10/08 15-19(08 24-25/08 TIGER WAVE 639N 09-1008 15-18/08 22 23/08 TIGER BAY 642N 12-13/08 21-22AJ8 27 28W)8 TIGER ISLAND 643N 15-16/08 21-25/08 30-31/08 TIGER WAVE 644N 22 23/08 28-31/08 05-06/09 TIGER BRIDGE 645N 24-25/08 30-03/09 QB-09i09 I VESSEL VOY SIN CAL SIN
      1,518 words
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      Page 40 Advertisements Column 2
      1303 40 OOCL (Singapore) Pte Ltd CPS Keppel Oistrpk 79 Arsm Rood #21-04 (S) *****6 Wk 513 #01-128 cfr„ CR MO **********0H W: 272 7827 for booking W: *****13 Fox 221 3942 Fu: 272 7525 f/fi\ t\ \f\ OOCi (Malaysia) Sdn. Bhd. 1 s PETALING JAYA W: 03-756 776 FuKI3-7565 342 2769
      1,303 words
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  • SHIPS IN PORT
    • Article
      CONVENTIONAL WHARVES
      769 41 Vessel Voy No Berth Arrival Departure AN* 001 Jmm alongside 06 08/1330 St Air 121I *****8 JOI alongside 06 08/2359 Bt Bu Permai *****8 JOI alongside 06.08/1800 Bt Bunga Amo *****8 JOI alongside 07 08/0800 Bt Mini Baru A u g6 JOI alongside 06.08/1430 Bt S Manassa *****8
      769 words
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      CONTAINER SCHEDULES
      1701 41 RECEIVING OF EXPORT FCL CONTAINERS AMD LCI CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From tt«* K>7 08/0100 U 06/1500 04/1659 04/1900 04/1400 04/1659 04/1900 04/1700 07/0459 07/0900 21 04/1700 07/0459 07/0900 J 07/0700 07/1159 07/1400 0ftum 3065 09/2359 06/1500 04/1459 04/1900 04/1500 04/1459 04/1900
      1,701 words
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      GLOBAL HOLIDAYS
      191 41 Any 10. Singapore: National Day Holiday. South Africa: National Women's Holiday. Atag 12. Thailand: HM The Queen's Birthday. Anf 15. Austria: Assumption Day. Belgium: Assumption Day. France: Assumption Day. Greece: Assumption Day. Italy: Assumption Day. Luxembourg: Assumption Day. Portugal: Assumption Of Our Lady. South Korea: Liberation Day. Spain:
      191 words
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      COCKETT BUNKER MARKET REPORT
      689 41 THIS report, compiled by Cockett Marin* Oil Ltd. thowt price nnjn in US dollar* Inatead of single price* for a more comprehensive description of the mark*! Price* shown are baaed on average-slxed •tem Market movement* are Indicated The Cockett Bunker Price Index change and the Individual
      689 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      390 41 Cwton 180 Mm Mil 0.9 N.7 0.10 72 0.07 10 OMStty Wetef Residue Aid Aluminium Sediment Nc allow £25 4 0 W 0 0 0 %H/I( 300 Aw 966J 0J 16.0 0.06 24 0.03 Km 390 Mu MM 0.* 19.0 0.11 ID 0.29 »M/M WW Wc
      390 words
  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      89 41 LEGEND: R Thunderstorm Temperature c X\ (taT" We ,her O <^ ,rec,lon with speed in knots Cloudy Sky Wowe height Surface wind, ore indicated by arrow, which fly with the wind u:: z repr n,s caim ,,9ht nd k,«. W rep, ,s 0 kno,i One solid triangle represents 50 knot,
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  • AIR & LAND TRANSPORT NEWS
    • Article
      Lock icon Top 3 Japan airlines get 86 extra slots at Narita
      528 42 JAL, ANA and JAS receive 28,44 and 14 weekly landing slots respectively Bloomberg [TOKYO] Japan's three major airlines received extra weekly landing slots at Tokyo's international airport, the first time in seven years that more slots became available, Japan's Ministry
      Bloomberg  -  528 words
    • Article, Illustration
      Lock icon 26 injured as Korean Air jet skids off runway
      500 42 AFP [SEOUL] Workers yesterday were hauling away a Korean Air jumbo jet which skidded off the runway at Seoul's Kimpo airport as more than 10 injured passengers remained in hospital. "We have begun hauling the jet today to the hangar," a
      AFP; REUTERS  -  500 words
    • Article
      Lock icon Boeing asks judge to drop shareholder suit
      321 42 Lawsuit claims US plane maker concealed production problems Bloomberg [SEATTLE] Boeing Co, the world's biggest airplane maker, asked a federal judge to dismiss a shareholder lawsuit accusing it of concealing production problems to complete the US$l6.3 billion (5527.7 billion) purchase of McDonnell Douglas
      Bloomberg  -  321 words
    • Article
      Lock icon NZ Cabinet to vote on sale of Wellington airport
      235 42 Bloomberg [WELLINGTON] New Zealand s Cabinet on Monday will vote on whether to sell its 66 per cent stake in Wellington International Airport Ltd after Wellington City Council decided to retain its one-third holding. The council voted 11-to-eight against selling its
      Bloomberg  -  235 words
    • Article
      Lock icon Qantas to take part in Aussie high-speed train project
      305 42 Bloomberg [PARIS] Qantas Airways Ltd, Australia's largest airline, will team up with Alstom SA and Leighton Holdings Ltd to operate a high-speed train link, Leighton Holdings' chief executive said. Australia's government yesterday recommended awarding a A 53.5 billion (553.6 billion) contract
      Bloomberg  -  305 words
    • Article
      China Airlines seeking more partnerships
      361 42  -  By, Felix Chan (SINGAPORE] Taiwan's China Airlines (CAL) has approached several European and US carriers for further tie-ups. The carrier has begun the process of identifying potential alliance partners for a proposed commercial arrangement which would ultimately involve the sale of equity. The process is
      361 words
    • Article, Illustration
      Lock icon Japan Airlines to cut more jobs to stay competitive
      435 42 Bloomberg [TOKYO] Japan Airlines Co will step up job cutbacks in the next few years in an effort to stay competitive with foreign competitors and pay dividends to shareholders, said the airline's president, Isao Kaneko. The job cuts come as JAL,
      Bloomberg  -  435 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1857 42 OH FU6HT ETA FUCWT ETC IH6374 1710 LH787 2359 Adalaida $0230 1910 S0325 17)0 N***** 2359 Amtarda* N***** 0755 KLS44 0040 0f0< 1005 *****6 2359 SO327 0755 GA974 2255 F«l—la SOW 1700 S0990 OTIS KL837 1455 KL838 2300 Guangzhou MIC S0803 1905 C2354 0910 N***** 2320
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