The Business Times, 10 August 1998

Microfilm: NL21219
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    12 1 MITA (P) 110/12/97 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg/ MONDAY, AUGUST 10,1998
    12 words
  • Article
    MARKET SUMMARY
    53 1 STOCK MAHET1MMCB8 W*k Chuge STO. 1.089.27 -24.91 BTvSRI. 434.24 -11.16 KLSECOMP .***** -38.60 NIKKEI 15,829.1" -649.80 HANG SENG 7.01&41 -»17.7» SET INDEX. 247.64 -19.18 JAKARTA COUP .423.61 -68L11 MANILA COUP—1,448.71—-168.89 TAIPEI WPL 7,630.02. -92.66 SEOUL COUP. ***** -2118 CLSA CHINA B 6ffM -38.® AUST ALL ORD 1699.00. -106.66
    53 words
  • Article
    FINANCE
    71 1 POBEX KATES ust ss USI 1.747 1.SS1 2.841 DM 1.771 0.967 YEN 146*. 1.290* RM 4.180 0.418 HKI 7.780.. 0.225 RAHT 41.»..._„_0.0« RUPIAH 0.914* SI to 100 nits Site 100 nits PWME1ATES SINGAPORE* 7.88 KUALA LUMPUR 1150 JAKARTA- .28.08 BANGKOK 14.75 MANILA HONGKONG 1025 TAIPEI 8.80 SYDNEY 8.45 TOBfO
    71 words
  • Article, Illustration
    Lock icon New investment landscape for HK properties
    939 1  -  Interest drawn to areas near airport rail line and away from new flight paths Prom Quak Hiang Whai in Hongkong A NEW property investment "landscape" is emerging in Hongkong as a result of the just-opened airport at Chek Lap Kok and accompanying airport railway
    Source: SMP  -  939 words
  • Article
    Outlook still poor, say disk drive component suppliers
    669 1  -  They are unsure about when industry will see an upswing By, Jennifer Lien [SINGAPORE] After a rough second quarter, firms here supplying components to the big disk drive makers say while their sales in the last month or so seem to be
    669 words
  • Article
    Lock icon No yuan devaluation, says Jiang again
    726 1 AFP, Reuters [BEIJING] President Jiang Zemin yesterday affirmed China's pledge not to devalue the yuan and called on Japan to stabilise financial markets during a meeting with Japanese Foreign Minister Masahiko Komura. "Mr Jiang said China would make efforts to maintain the renminbi rate
    AFP,; Reuters  -  726 words
  • Article, Illustration
    Lock icon A first-class 33rd birthday bash
    341 1  -  By\ Siow Li Sen [SINGAPORE] In a first-class show, befitting a nation that has come of age, last night's National Day spectacular of sight, sound and colour provided a moving experience, and a reminder, that this is what Singapore, and being a Singaporean, is all
    SIEW YAW HOONG  -  341 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      167 1 Df&DE Otacfai willing to r—prwiiw m Mb Japanese Prime Minister Keizo Obuchi said he was willing to compromise with opposition parties to ensure swift passage through parliament of urgently needed bills to revive Japan's economy P|2 Mb Watch During the last week, the Hongkong dollar has had to brave a
      167 words
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      Page 1 Advertisements Column 2
      54 1 KSB-a* a o lIIK/^ *1? MR AUIWT.C j jM j ti"pj >C* j^^j' ''Mj'i Jm Thr timele«« of mechanical perfection k <f fjj W Our tradition since 1860 65/737 64 Fax 65/235 82 00. Dickson shops: The Promenade, Centrepoint, Cortina shops: Lucky For more information: Pte Boulevard. Suntec Tower 65/333
      54 words
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  • ASIA'S ECONOMIC SLUMP
    • Article, Illustration
      Lock icon Obuchi willing to compromise on bank bills
      578 2 Need to strike deal with opposition on legislation to revive Japan's economy Reuters [TOKYO] Japanese Prime Minister Keizo Obuchi said yesterday he was willing to compromise with opposition parties to ensure swift passage through Parliament of urgently needed bills to revive Japan's economy.
      Reuters  -  578 words
    • Article
      Lock icon 10 Indon banks well enough to play leading roles: Riady
      331 2 Lippo Bank chief says they should help to revive industry AFP [JAKARTA] Ten large Indonesian banks are still healthy despite a year of economic crisis and the government should enlist their help in restoring the health of the banking sector,
      AFP  -  331 words
    • Article
      Lock icon Manila set to name lead underwriter for bonds
      133 2 AFP [MANILA] The Philippine government is to announce within the coming week the lead underwriter for its planned international bond flotation worth up to US$75O million (Ssl.3 billion) in October, Finance Secretary Edgardo Espiritu said yesterday. He said Manila wanted to "set
      AFP  -  133 words
    • Article, Illustration
      Lock icon Little taste for honey
      67 2 [KUALA LUMPUR] Ahmad Hussin, 70, bottling honey for a customer in Kuala Lumpur yesterday. Mr Ahmad, who has been selling honey around the Malaysian capital for the past three years, is experiencing lower sales due to the economic slowdown. He says sales of the 10 Malaysian
      REUTERS  -  67 words
    • Article, Illustration
      How long can HK$ peg stand assault?
      973 2  -  CRISIS WATCH A post-peg HE is much less unthinkable now By Vikram Khanna EVERY now and again, during the course of Asia's economic crisis, Hongkongers have been waking up in the middle of the night and asking themselves: "Will the peg survive?" And
      973 words
    • Article
      Lock icon Brunei cuts GDP growth forecast to 2.5-2.7%
      426 2 Reuters [BANDAR SERI BEGAWAN] Brunei has cut its 1998 economic growth forecast as fallout from Asia's slowdown spreads to the wealthy sultanate, Deputy Finance Minister Selamat Munap said yesterday, Mr Selamat told Reuters the government expects gross domestic product (GDP) to expand by
      Reuters  -  426 words
    • Article
      Lock icon Korean won gets a boost as foreign direct investment jumps 86%
      321 2 Inflow of USsl.2b in Jnly brings total for 7 months to USs3.7b Bloomberg [SEOUL] Foreign direct investment in South Korea rose in July for a sixth month, helping support the Korean won. In July, foreign investment amounted to U551,235
      Bloomberg  -  321 words
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  • REGION
    • Article, Illustration
      Lock icon Some Hubei dykes blown up to spare Wuhan city from floods
      604 3 BEIJING 50,000 residents evacuated 150 km upstream from provincial capital Reuters OFFICIALS in China's Hubei province destroyed some secondary dykes along the Yangtze River yesterday in a bid to spare seven million people in the provincial capital Wuhan from
      Reuters; REUTERS  -  604 words
    • Article
      Lock icon Time to take over Pulau Pisang lighthouse: KL
      396 3 JOHOR BARU Minister says right to maintain facility must be withdrawn from Singapore Bernama INFORMATION Minister Mohamed Rahmat said yesterday it is time that Malaysia takes over the maintenance of the lighthouse at Pulau Pisang, near Pontian, west Johor, to uphold its
      Bernama  -  396 words
    • Article
      Lock icon M'sia plans to track foreign journalists
      227 3 KUALA LUMPUR AFP MALAYSIA may impose rules on foreign journalists working in the country to allow the government to track their movement. Information Minister Mohamed Rahmat said yesterday. Mr Mohamed was reported as saying by Bernama news agency he would submit the proposal to
      AFP  -  227 words
    • Article, Illustration
      Lock icon A gem of a building
      58 3 [KUALA LUMPUR] A saleswoman showing a oneof-a-kind gold and diamond replica of the 452-metre high Petronas Twin Towers in Kuala Lumpur. The 25 cm tall handcrafted piece depicting the world's tallest building is made of 18 karat gold and 992 diamonds, and is priced to
      REUTERS  -  58 words
    • Article
      Lock icon Marcos mansions, villas to be sold to boost state coffers
      266 3 MANILA AFP THE Philippine government is to sell seven mansions and villas sequestered from cronies of the late dictator Ferdinand Marcos to help raise funds for state coffers, it was reported here yesterday. The mansions and villas located in the
      AFP  -  266 words
    • Article
      Lock icon Tung's popularity rating hits new low
      275 3 HONGKONG Only 56% satisfied with leader's performance AFP HONGKONG Chief Executive Tung Chee-hwa's popularity rating has fallen to a new low as public dissatisfaction over the economic downturn grows, a local newspaper reported yesterday. According to a poll by the Sunday Morning Post, only
      AFP  -  275 words
    • Article
      Lock icon Indonesian subsidy for basic commodities may hit US$1.5b
      480 3 BANGKOK Bulog stepping up food imports; Thai rice deal signed Reuters INDONESIA is boosting food imports to help feed its 200 million people, almost half of whom are expected to be living below the poverty line by the end of 1998, a
      Reuters  -  480 words
    • Article
      Lock icon Four suspects nabbed in Citic-linked fraud case
      158 3 HONGKONG AFP HONGKONG police have arrested four men in connection with suspected fraud at a company linked to China's state-investment company Citic, local media reported yesterday. The HKS23 million (555.2 million) fraud case involves kitchen materials supplier GKC Holdings, in which Citic Beijing's
      AFP  -  158 words
    • Article
      Lock icon China to spend 100b yuan on urban power grids
      216 3 BEIJING AFP CHINA will invest 100 biUion yuan (Ss2l billion) to upgrade its urban power grids over the next three years, official media said yesterday. "Improving urban grids will expand power supply capacity and enhance the quality of life of residents,"
      AFP  -  216 words
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      Page 3 Advertisements Column 1
      38 3 SINGAPORE HOTEIS IN ASIA-PACIFIC: BALI BANGKOK ISli OF PINES W JAKARTA KOH SAMLI MF.DAN 99 MELBOURNE NEW DELHI NOUMEA TAHITI 98 PHUKET PORT VILA BORA BORA 98 SAIPAN 99 SINGAPORE SINGAPORE CHANGI THE GOLDEN TRIANGLE TOKYO TOKYO II
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  • REGION/WORLD
    • Article
      Lock icon Islamic group resolved in June to attack US interests: faction
      508 4 DUBAI Security camera on top of embassy in Tanzania may have filmed attack there AFP, Reuters AS the death toll rose to at least 168 yesterday in the twin bombings at US embassies in Kenya and Tanzania on Friday, a
      AFP,; Reuters  -  508 words
    • Article, Illustration
      Lock icon Howard's tax plan aims to save his govt, stop Hanson
      549 4 CANBERRA Reuters EMBATTLED Australian Prime Minister John Howard said yesterday everyone will be a winner in the grand tax plan he is counting on to save his government and halt farright MP Pauline Hanson. Mr Howard and key economic ministers
      Reuters; REUTERS  -  549 words
    • Article
      Lock icon Rescue ops begin again in flood-stricken Seoul
      292 4 SEOUL AFP SOUTH Korea resumed rescue operations yesterday in the Seoul area after a week of devastating floods and landslides which left more than 330 people dead or missing. Rescuers scrambled through wreckage and mud in a bid to recover any victims buried
      AFP  -  292 words
    • Article
      Lock icon Taiwan, US sign WTO entry conditions pact
      398 4 TAIPEI Big breakthroughs in areas of pork and rice imports AFP TAIWAN and the United States have signed an agreement setting conditions the nationalist island must fulfill before it enters the World Trade Organisation (WTO), officials said. The two sides, which wrapped up
      AFP  -  398 words
    • Article
      Lock icon Two NZ parties join forces to beat govt in next polls
      337 4 WELLINGTON Reuters NEW Zealand's two left-of-centre parties joined forces yesterday in a bid to oust the government in general elections that must be held by November next year. "I know that if your party and mine fight each other
      Reuters  -  337 words
    • Article
      Lock icon India's latest economic data give no cause for cheer
      332 4 NEWDELHI Reuters INDIA'S Hindu nationalistled government has its work cut out propping up the sagging economy, with the latest data making investors wary, analysts said yesterday. The World Bank, in a report released on Friday, said India's deteriorating fiscal situation threatened
      Reuters  -  332 words
    • Article
      Lock icon BA to buy 34 Boeings, 100 Airbus jets: report
      251 4 LONDON Reuters BRITISH Airways pic will soon announce an order worth £2 billion (555.7 billion) for up to 34 Boeing Co longhaul twinjets and a £2 billion order for more than 100 shorthaul jets from Airbus Industrie, The Sunday Times said.
      Reuters  -  251 words
    • Article
      Lock icon Habibie spells out plans for fresh elections
      270 4 JAKARTA AFP INDONESIAN President B J Habibie has for the first time in an interview laid out his basic criteria for political parties to qualify to take part in the elections he has promised the nation. "I have to prepare for the elections,"
      AFP  -  270 words
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  • BUSINESS IT
    • Article, Illustration
      Lock icon Cisco expects lower, but steady, growth in Asia
      641 5  -  Company investing in education, support and RAD in select countries in Asia By'. Raju Chellam [SINGAPORE] Networking leader Cisco Systems Inc expects its growth in Asia to be consistent, but at a lower rate, over the next two years, because of Asia's
      SIEW YAW HOONG  -  641 words
    • IT TAKES
      • Article
        WRQ offers exchange rate guarantee
        73 5 [SINGAPORE] WRQ, a business software firm, will offer a 60-day exchange rate guarantee to customers in the Asia-Pacific to cushion them from the impact of the fluctuating value of local currencies against the US dollar. The guarantee means when customers make an enquiry about any
        73 words
      • Article
        Datacraft wins China contract
        69 5 [SINGAPORE] Mainboard-listed Datacrafc Asia, a communications and network systems integrator,Tias won contracts worth about US$4 million (Ss7 million) for two new digital data networks and the expansion of an existing network in China. The new digital data networks will serve the City of Chongqing Post and
        69 words
      • Article
        Singapore ONE journal
        48 5 [SINGAPORE] The Singapore Computer Society (SCS) has launched its special edition of its International Journal of IT, featuring "Singapore ONE Realising the Vision". Readers can obtain copies of this issue at $15 each from SCS. For more details, call SCS at *****11 or e-mail scs.secretariattgjscs.org.sg.
        48 words
      • Article
        Adobe regional Web site
        34 5 [SINGAPORE] Adobe Systems has launched its Asian Web site (www.asia.adobe.com) to service customers in Asia. The new Web site provides country-specific information on products, purchasing alternatives, support and local news.
        34 words
      • Article
        Novell road show seminars
        55 5 [SINGAPORE] The Novell Annual Roadshow 98 will feature seminars on Netware 5, Internet security with Border Manager 2.5 and Desktop Manageability with Z.E.N, works. The event will be held at the Westin Plaza Hotel on Friday from 2 pm to 5.30 pm. Registration deadline is Aug
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      • Article
        Internet Business Expo 98
        52 5  -  -Compiled by 1 Toh Han Shih [SINGAPORE] Internet Business Expo 98 will be held on Sept 2 and 3 at the Pan Pacific Hotel. It will feature an exhibition and talks on electronic commerce, Web technologies, Internet business applications, intranets and extranets. For more information, visit
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    • Article
      Most furniture firms still unconcerned over Y2K
      309 5  -  Only nine companies have started taking steps to solve the problem By Marissa Chew [SINGAPORE] Even though the year 2000 is just one year and three months away, companies in the Singapore furni ture industry do not yet feel the urgency to make
      309 words
    • Article, Illustration
      Creative pulling out the stops for SB Live!
      820 6  -  Chairman Sim Wong Hoo shares his hopes and plans for his most ambitions product to date By Kenneth James [SINGAPORE] The Master Blaster's ready to roll. Creative Technology chairman Sim Wong Hoo last week kicked off a global marketing blitz, his company's
      820 words
    • Article
      PictureTel embarks on new strategy
      336 6  -  By' Toh Han Shih [SINGAPORE] PictureTel, the leading videoconferencing firm, is embarking on a new strategy by working on the networks to improve the quality of videoconferencing. Videoconferencing, where you talk with and see the other person over the network, depends on the network's transmission.
      336 words
    • ON THE SHELF
      • Article
        Wider warranty from In Focus
        57 6 IN FOCUS Systems Asia has extended its standard warranty from one to two years for all its data/video projection systems in Asia. The products include the LP225,425,725,735,740 and 1000. The warranty covers all future products and is retroactive for all listed products purchased in Asia,
        57 words
      • Article
        E-mail protection from Trend Micro...
        73 6 TREND Micro Inc now offers free protection against the newly-discovered security hole found in Microsoft and Netscape's e-mail applications. A free, 30-day copy of InterScan Virus Wall can be downloaded at www.antivirus.com. The software blocks, deletes and quarantines potentially malicious e-mail messages, the company said.
        73 words
      • Article
        ..and from Network Associates
        66 6 NETWORK Associates Inc offers updates to its Gauntlet Active Firewall product line to protect users from the latest security threat discovered in Microsoft and Netscape' e-mail products. Network Associate customers can download the free updates from www.nai.com. For others, the company offers a free, 90-day licence.
        66 words
      • Article
        WRQ's @Guard cuts Web wait
        73 6 WRQ Inc is out with @Guard, a new Internet software utility that cuts the wait time on the Web. WRQ says @Guard is the only software solution on the market offering enhanced performance, privacy and personal firewall protection for Net users. The U5529.95 solution can
        73 words
      • Article, Illustration
        Epson's super slim projector
        69 6 EPSON Singapore has introduced the EMP-5500 (above), which it claims is "the world's first ultra portable multimedia LCD projector with advanced features to deliver powerful presentations". The SVGA projector weighs 4.2 kg, is 85 mm thick, offers 650 lumens, and comes with zoom lens, 3D stereo
        69 words
      • Article
        Novell solutions for network reliability
        73 6 NOVELL Inc is out with high availability solutions for protecting mission-critical network data in the event of hardware or software failures. Novell's Standby Server Many-to-One and SnapShotServer for NetWare offers more reliable access to network data and minimal network downtime. Many-to-One is a multi-node version,
        73 words
      • Article
        Lexmark's network print server
        78 6  -  -Compiled byi Raju Chellam LEXMARK International is ready with the Mark Net Pro 1 print server that can attach to virtually any printer to all major network operating systems. Lexmark said the new print server incorporates a fast 32-bit PCI local bus, optimised firmware, and a
        78 words
    • Article, Illustration
      Radac launches vehicle tracking device
      491 6  -  By\ Poo-Cheong Wai Ming [SINGAPORE] Networking solutions company Radac has launched a new product which will allow companies to record the trips made by their vehicles as well as track them. Known as AutoTrak, it is based on Global Positioning System (GPS) technology that provides
      491 words
    • Article
      Software that looks after your bottomline and your equipment
      292 6 [SINGAPORE] Companies need to look after their bottomline as well as their equipment. Enterprise Asset Management (EAM) software can help them do both by ensuring that they do not spend too much or too little on maintaining their equipment, Indus International
      292 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      207 5 From installing and monitoring burglar alarms to security is a complex business operation, supported by five consultancy, one company has the ability to think fast, act major divisions. The tried and tested expertise of these fast and offer value-for-money solutions. CISCO. divisions is available to you not just in Singapore,
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      128 6 "K" Line. Shipping in your coiner of the world. When you're shipping in the Pacific region, "K" Line offers you more than just local city offices and extensive regional shipping routes. We also offer a local specialty warm, person-to- per3.son service. Our knowledgeable, friendly staff are ready to handle every
      128 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      611 7 Where to wine, dine and entertain... ass :Eggl iBBBI FOR reservations, kindly call <W NIBBLES CAFE AT *****66 EXT 1105 1.1 I Jaton luntta,Singapore 23M14.15t *****46 fax: *****41 JWMMM (mat dnmcmbailjlngnstxanug Mfc>://www Jmpttt camjg IvT.itm.n.. Ownsd>iwanogsqbyHhdHoWiWwwatono!lid j i Market Square RESTAURANT FOODCOWT WINE CELLAR j I gtngopotv'sfirst Theme Restaurant Foodcourt
      611 words
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      Page 7 Advertisements Column 2
      153 7 Didn't you know? I read it in Celts' Mews/ Citek Cats' Mm i« Soday Classifiri this *aaka«4. J I vB CATA Hongkong jL FOOD PROMOTION featuring Authentic jT Hong Kong /%T cuisine pf, from 22 July -10 August 1998 f Reservations: 831 6262/66 Mandarin Ul Singapore Chinese RBTAIJRAN I 333
      153 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      820 7 TV&RADIO TVi... n 8.30 Holiday Movie II: As 1230 Sgt Hassan. rromlaro B sassins (See Our 2.30 Semarak Dangdut 9.00 AM Holiday Special: Choice). 3.00 Indian Matinee: Kaad Extraordinary Dogs. 10.30 News 5 Tonight. halukku Mariyaathai. 10.00 Holiday Special: Speed 11.00 Business Day. 6.00 Jesudasai Kelungal. Crash! Rescue!. 11.15 Friends
      820 words
    • Miscellaneous
      Page 7 Miscellaneous Column 2
      290 7 CRYPTIC CROSSWORD ACROSS I 2 3 i 5 1 The one who stole the baby kangaroo? (10) 6 Lady to be second repeatedly ■■I 9 Highly esteemed above usual 10 price (2.1,7) VHT 10 13 Capital cover for game hunter? (11) '5 I I ||H| jjMF6~~ 15 Are not gaily
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      77 8 v You may think you GRlff) know us. H|> fiumVysi <C~ .",1| v 1; "SwM i: .•> fvi C *> J %:2 iV 30 N5. t f "jl- 4 ;> f ':4. ;n Vn ;HS O t ■< i- V.' A xi.^v" :0 e r% v.. v -t- 'iSfe l
      77 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      71 9 United Technologies is a $25 billion corporation that provides a broad range of high-technology products and support services to customers in the aerospace, building and automotive industries worldwide. United Technologies' best-known products include Pratt Whitney aircraft engines, Otis elevators and escalators, Carrier heating and air conditioning systems, Hamilton Standard aerospace
      71 words
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  • COMPANIES & MARKETS
    • Article
      Inchcape Motors' interim net earnings plunge 54%
      397 10  -  Results dragged down by Brunei operations; worse 2nd half expected Reportsby Siow Li Sen [SINGAPORE] Inchcape Motors Ltd, posting its first set of results after hiving off its non-car business in January, said that net interim profit plunged 54 per cent to $10.9
      397 words
    • Article
      Cash pile helps Inchcape Marketing's net
      401 10 INCHCAPE Marketing Services, the branded retail group that split from Inchcape Bhd and listed in January, was saved from plunging into the red by its huge cash pile which generated net interest income of $3.8 million. Consequently, announcing its maiden set of interim results
      401 words
    • Article
      Lock icon Strike at Bell Atlantic, deal at BellSouth
      264 10 Reuters [NEW YORK] Some 73,000 telephone workers from Maine to Virginia went on strike against Bell Atlantic Corp early yesterday but BellSouth Corp reached an 11thhour deal with the union. Members of the Communication Workers of America walked off the job at Bell
      Reuters  -  264 words
    • Article
      Raffles Medical clinches Cathay Pacific contract
      468 10  -  Deal involves supervising healthcare bndget of HKssom-HKs6om From Loh Hui Yin in Hongkong ONE and a half years after it acquired a medical practice here, Sesdaq-listed Raffles Medical Group of Singapore (RMG) has made further inroads by clinching a prized contract to provide medical
      468 words
    • Article
      Lock icon Growth potential seen for HK's Founder
      385 10 Bnt analysts say now is not the time to buy into the firm Reuters [HONGKONG] Chinese-lan-guage computer software writer Founder (Hong Kong) Ltd has good long-term growth potential but given Asia's weak market outlook investors should bide their time before buying, analysts said. The
      Reuters  -  385 words
    • Article, Illustration
      Centralise KL depository system
      701 10  -  MARKET MATTERS With Improvements, more will Invest In M'slan bourse directly By Eddie Toh THE trading of Malaysian equities on Singapore's over-the-counter market, Clob International, has become the latest issue in the prickly ties between Malaysia and Singapore. The presence of Malaysian stocks on Clob International
      701 words
    • Article
      Lock icon Coca-Cola Amatil says business stagnant in Indonesia
      293 10 Reuters [SYDNEY] Coca-Cola Amatil Ltd managing director David Kennedy said yesterday that he did not see any upside in the soft drink bottler's Indonesian operations for some time. "I think in the case of Indonesia, I would say that our business has bottomed
      Reuters  -  293 words
    • Article, Illustration
      Lock icon Merger of Sime, RHB banks on track: RHB Bank chief
      359 10 Completion of the deal dne within the next 2 to 3 months NST [KUALA LUMPUR] The merger of Sime Bank Bhd and RHB Bank Bhd is on track and due for completion within the next two to three months, RHB
      NST; FILE PHOTO  -  359 words
    • Article
      Lock icon Seagram unit Universal Studios eyes Tussauds
      175 10 Reuters [LONDONJ Universal Studios, a subsidiary of Canadian drinks and entertainment giant Seagram, is interested in acquiring the Tussauds Group from British media group Pearson pic, the Sunday Times said. In an unsourced report, the British newspaper said Universal Studios, "is one of the
      Reuters  -  175 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Global oil glut won't abate until well into '99: IEA
        360 11 Biggest cloud on the horizon is a possible farther weakening in Asian demand FT [LONDON] There was further gloom for crude oil producers last weekend, as the International Energy Agency said the global glut /could get worse before it improves.
        FT  -  360 words
      • Article
        Lock icon Daiwa Bank seen selling 70b yen in problem loans
        108 11 AFP [TOKYO] Japan's Daiwa Bank Ltd will sell 70 billion yen (*****.4 million) in problem loans to foreign securities companies by the end of this month, a report said yesterday. The problem loans will be sold to foreign brokers at a
        AFP  -  108 words
      • Article
        Lock icon Goldman set to approve listing plan with terms to keep key staff
        457 11 Move will make 190 partners very rich, give fat pay-outs to crucial 200 MDs Reuters [NEW YORK] Goldman Sachs and Co partners are set to approve a formal proposal today to take the investment bank public in a
        Reuters  -  457 words
      • Article
        Lock icon Fund adviser Frank Russell set to be sold in US$1b deal
        268 11 Negotiations with Northwestern Mntn&ls&idtobein final stages FT [NEW YORK] Frank Russell, one of the world's leading asset management consultancy firms, is close to announcing it is to be taken over by Northwestern Mutual, the fourth-largest mutual insurer in the
        FT  -  268 words
      • Article
        Lock icon European bank mergers set to continue, says study
        408 11 Reuters [LONDON] Increased consolidation activity among European banks looks set to continue despite the fact that 60 per cent of big mergers in the past decade have failed to deliver shareholder value, a study said on Friday. The report by strategic consultancy
        Reuters  -  408 words
      • Article
        Lock icon Canadian banks fall alter CIBC warning about profit
        279 11 Bloomberg [TORONTO] Canadian banks fell, driving the Toronto Stock Exchange Index of financial services companies down 4 per cent, after Canadian Imperial Bank of Commerce warned that fiscal third-quarter profit will not meet analysts' estimates. The TSE Index of 25 banks and
        Bloomberg  -  279 words
      • Article
        Lock icon CBOT to trade in five new commodities
        387 11 FT (CHICAGO] The battle be tween US futures exchanges, spurred by the recent explosion in screen-based trading systems, intensified when the Chicago Board of Trade (CBOT) said on Friday that it intended to launch daytime electronic trading in five new agriculture commodities. The
        FT  -  387 words
      • Article, Illustration
        Untitled
        1863 11 PRIME LBWP11IO RATES fiAfifiS ABN Amro Bank NV 8W A8SA Bank Limited I* AN Z Banking Group 8 ARM Irish Bank PLC 7W American Express Bank 8Vi Arab Banking Corp B'/fc Arab Bank PLC 7W Asahl Bank Ltd BV, Ban HinLee Bank BM 8* Banca Commerciaie (taiiana 7V« Banci Nazionaie
        1,863 words
    • COMMODITIES & FUTURES
      • Article, Illustration
        Lock icon Asian currencies to stay weak
        539 12  -  SIMTflf Weeklyßoundup Hiroko Komiya MMS International This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] Asian currencies and the Japanese yen weakness will undoubtedly remain as the dominant focus for the forex markets. Heightened speculation of the Chinese
        Source: Simex  -  539 words
      • Article, Illustration
        Lock icon Coffee prices come to a boil as Brazilian beans stay home
        813 12 COMMODiiy Weeklyßoundup AFP [LONDON] Reform of a loan system to Brazilian coffee growers brought coffee prices back to a boil last week, as authorities freed up cash to improve home stock levels, thus cutting future supplies on the export
        AFP; Source: Bloomberg  -  813 words
    • Article
      COMMODITY PRICES
      1758 12 8100M FUTUKB8 Aug 7 R#K1 Wares dosto|« ISS1 CONTRACTS cwttsAO ClOOO VoiMM Op*n Mwtfc Uv Sott (twnop totoroot Sop 98 112.50 112.50 moo SO 490 Oct 98 moo 1450 HO* 98 m25 1450 OK moo 1850 JaaAtar W IKJO 2025 Apr/JW 99 120.75 1950 J*/5op99 125.25 RSS 3
      1,758 words
    • Article
      BT SHARE INFORMATION SERVICE
      4230 13 Nat eern CM Malaysian R#»* May 29 I 43.9381 65.609 5.0L 12.0 Ml TV LV TV IV Metro Mldgs Jun 26 P 3.3181 n.895 3.2L 1U Ceeapany ww ($an> ($m) (eta) lets) M'lla Mining* Apr 30 P 116.1731 4X661 12L 6.10 m-,h p»*ntn« Jun 29 P
      4,230 words
    • MARKET REVIEWS
      • Article, Illustration
        Lock icon Limited gains for big US stocks in '98: investors
        521 14 NEW YORK Fears over impact of Asian flu linger even as Dow recoups part of Tuesday's 300-point loss Bloomberg LARGE US stocks, left behind in the late-summer rally that took hold in smaller issues after the market tumbled last Tuesday, may
        Bloomberg; FILE PHOTO  -  521 words
      • Article
        Lock icon Troubled Footsie at mercy of Dow, Asian markets
        426 14 LONDON Reuters THE short-term outlook for the FTSE 100 Index lies in the vice-like grip of US and Asian markets, strategists said on Friday. With the blue-chip index having fallen around 5 per cent to six-month lows in the past five trading
        Reuters  -  426 words
      • Article
        ASIAN MARKETS Roundup
        813 14 P Sydney -105.60 AUSTRALIA'S stock market will take its lead from a combination of domestic and overseas factors over the coming days after slumping 3.9 per cent in the week to Friday, analysts said. The market is awaiting key economic data this week along with the release
        813 words
      • Article
        WORLD STOCK MARKETS
        1695 14 Q Paris -136.43 FRENCH stocks could be mixed this week as a gain by hotels operator Accor SA, expected to report strong sales growth tomorrow, offsets oil producers, which could decline on weak oil prices. The benchmark CAC 40 Index fell 135.43 points in the week to
        1,695 words
      • Article
        Lock icon Weak yen set to keep Nikkei under pressure
        461 14 TOKYO Wall St concerns also spell tough week for Tokyo stocks AFP JAPANESE share prices have a tough week ahead, pressured by the weak yen and concern over a volatile Wall Street, brokers said last Friday. "Tokyo stocks will be top-heavy in
        AFP  -  461 words
      • Article
        Lock icon Volatile week ahead as HK$ faces more speculative attacks
        304 14 HONGKONG AFP HONGKONG share prices are expected to stay volatile in the days ahead after plunging 11.6 per cent in the week to Friday amid fears of speculative attacks on the local currency, dealers said. Ricky Tam, research director at Asia
        AFP  -  304 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Lock icon More selling seen on KL market
        477 15 AFP PI Composite Index -38.60 MALAYSIAN stocks, which have sunk to nine-year lows, are expected to remain weak in the coming days after plummeting 9.6 per cent in the week to Friday. The Kuala Lumpur Stock Exchange's weighted Composite Index plunged 38.6 points to
        AFP  -  477 words
      • Article
        Untitled
        9141 15 INDUSTRIALS Consumer priiicts 199* Last Vol Wee* Net Cap Mm> Lew Ciwpany «1> •OOP We* L— P/t >«»* 310 173 Ajinomoto 175 -15 32 195 173 9.7 70.9 148 39 Angkasa 39 -4 105 43 39 0.9 57.5 290 123 Apollo Food Hlg 135 -3 141 138 131 4.7 54.0
        9,141 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3369 16 BONDS, LOANS ft VARIANTS m 190. Last Vat *00* LMt Ouata Avg High Low St no Company VOOO) High Buy* Sailor Me, 23.5 9 m 3000 m AMOB c5.5******6 20.5 3 3160 *Acaf ******1 US$ J, i 2 a 95 7 3164 Acnrw ******4 7.5 -0.5 83 8.5 7 6.5
        3,369 words
      • Article
        Looking to return of covered warrants
        192 16  -  WARRANT WATCH By R Sivanithy AT one time, there were high hopes that covered warrants would take off in the local market. But poor market conditions and inconvenient market infrastructure have led to their demise. Covered warrants are issued by parties other than the
        192 words
      • Article
        CLOB INTERNATIONAL
        2342 16 Week ended Au% 7 j malaysian stocks Of Of 9 L*t Val Waak Last Quota Otv Mv YW Nat M Cap Law Stno Company fate COOP) High Law Buyar Sa4ar dr H Prt $«K 135 28 m j 5000 AISBSOc 31 -6 265 37 30 30.5 32 5.0
        2,342 words
    • Article
      SESDAQ
      1282 17 U t V *l "oak Last Ouatt Wv Ohr VM Nat C«|| Ava L*» Stw Campany Sato COOO) Law Buyar »a8ar Car P/t Prtca 134 50 a 2000 A BR Htdqs 5c 79 unch 16 79 79 66 85 38 5 79 243 53 a 2049 AS Auto 10c
      1,282 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Untitled
        412 18 Source: Deutsche Morgan Research Source: JM Sassoon Stocks Vohim* EnersavelOc 53,623,000 ST Capital 25c 25,217,000 TAC BttO 200 23,203,000 *M Resources 22,809,000 Panpac Media 5 21,692,000 SingTel 15c 20.204,000 UOB Foreign 15,854,000 UXinlOc 15,002,000 NatSteel 50c 13,957,000 OCBC Foreign 13,529,000 Stocks DBS Foreign 100,801,645 UOfi Foreign 83,807,299 OCBC Foreign 83,442,159
        Source: Deutsche Morgan Research; Source: JM Sassoon  -  412 words
      • Article, Illustration
        HOT STOCK
        72 18  -  -by Shiv Taneja UNITED Overseas Bank s Foreign tranche closed five cents lower at $525 last Friday on a volume of 1.91 million shares, compared with its 10-day traded average of 2.9 million shares. The near-term outlook for the counter is sideways with a negative bias, according to
        72 words
      • Article, Illustration
        All eyes on 1,000 benchmark for STII
        654 18  -  THE WEEK AHEAD The ease with which local shares breached chartists' 1,050 level leads to fears of worse to come By R Sivanithy [SINGAPORE] The question posed in last week's column was just how valid technical analysis was in today's market, considering how
        654 words
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      98 13 Advertising in Turbulent Times Are you qettinq the rea(sh„ as promised? SHIPPING TIMES 6UARANTEES "48,000 daily circulation! In Singapore, when you want to reach out to a select target audience in HlfS only one daily offers you the advantage of maximum reach at minimum cost. And that's Shipping Times. For
      98 words
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      35 13 Any Destination, 1 Any Time|A: I I Sailing schedules to the Americas more. 24 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. Another innovative service offered by ThkHisinkssTimks SHII'imTIMES igfc I J
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      116 16 NOTICE IS HEREBY GIVEN that, I Chua Tat Hui of Blk 1248, Bukit Merah View #07-398 Singapore *****4 have applied for a Public House Ist Class (Extended) Licence in respect of M/s Unplugged MTV (S'pore) Pte Ltd China Blue located at 100 Orchard Road #02-51 (Meridien Shopping Centre) Singapore *****0,
      116 words
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      Page 16 Advertisements Column 2
      112 16 NOTICE IS HEREBY GIVEN that, I Cheong Veng Ch'ng Vincent of Blk 174, #11-1234 Toa Payoh Lor 1 Singapore *****4, have applied for a First Class, Beer House Licence in respect of M/s God Of Cookery Pte Ltd located at 117/119 Geylang Road Singapore *****1, and that this application will
      112 words
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      Page 16 Advertisements Column 3
      106 16 NOTICE IS HEREBY GIVEN that, I Lou Sai Meng of 21 Yio Chu Kang Gardens S'pore *****8 have applied for a Public House First Class Licence in respect of M/s Nessea Karaoke Lounge located at 1230 Upper Thomson Road Singapore *****9 and that this application will be considered by the
      106 words
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      Page 16 Advertisements Column 4
      109 16 NOTICE IS HEREBY GIVEN that, I Teo Chew Han of Blk 425 #06-156 Choa Chu Kang Ave 4 Singapore *****5, have applied for a Retail Liquor Licence "in respect of M/s Kent Vale Minimart located at Blk G #01-01 Clementi Road Singapore *****7, and that this application will be considered
      109 words
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      78 17 Tjw«y>"T«y3 P«pt Sto'e T<fi: 735 4029. 735 rs*t«n Tr-': 725 Ct/Mail T,. 376 65*5 ja «p mm man ad 1" 1 j&xuto. AUTHORISED DEALERS Ba«y W«ffl»« City DFS St: -rs Sr*:Myv* S»to»T fv3&tn»cr &Co Singapore I I < Choinpon s>ve Co •CK Tang L<"i«o J*t WTirj Pt« Ltd Moharvd MuVo'.i
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      327 18 at tecs To advertise call toll-free IXOO-741 ISS3 NOTICE IS HEREBY GIVEN that, I Choy Lee Leng of Blk 7A Commonwealth Ave. #15-660, Singapore *****7, have applied for a Public House Ist Class Licence in respect of M/s Five Foot Way located at 31 Pagoda Street Singapore *****0, and that
      327 words
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      Page 18 Advertisements Column 2
      317 18 NOTICE IS HEREBY GIVEN that, I Kang Ngah Wei Charlene of No. 5 Rhu Cross, Coasta Rhu, Oliva Block, #11-12 Singapore *****4, have applied for a Retail Liquor Shop Licence in respect of M/s Wine Galleria Pte Ltd located at 528 St. Thomas Walk Singapore *****9, and that this application
      317 words
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      Page 18 Advertisements Column 3
      324 18 3 hum Tanglln Mali, every third Saturday of the month, spm 11pm [cata| NOTICE IS HEREBY GIVEN that, I Markandu Chadacharam of 16 Kerbau Road, Singapore *****5, have applied for a First Class Beer House Licence in respcct of M/s CMR Restaurant Pte Ltd located at 20 Kerbau Road Singapore
      324 words
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      271 18 NOTICE IS HEREBY GIVEN that, I Kesslar Sandra Mary of Blk 515 Jelapang Rd #12-201 Singapore *****5, have applied for a Public Hse First Class (Extended) Licence in respect of M/s Theme Park 2 located at 100 Orchard Rd #02-30/31 Hotel Meridien Shopping Centre Singapore *****0, and that this application
      271 words
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      Page 18 Advertisements Column 5
      14 18 Buy It Sell It Find It Classified. CATS. 1800-737-1166 Call Today For Results Tomorrow.
      14 words
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  • SHIPPING TIMES
    • Article
      Lock icon SHIP SALES
      272 19 Contributed by Simpson Spence Young BUYERS largely continue to employ a wait-and-see attitude. With the depressed chartering market and commercial uncertainty in the Far East affecting exchange rates, buyers are anticipating further price reductions. In the dry bulk sector the round of inspections remains a major feature. There
      Contributed by Simpson Spence & Young  -  272 words
    • Article
      MARITIME STOCKS
      287 19 ttS '000 S$ Vol CWT distribution L. 0.32 13 Chuan Hup 0.375 -0.01 30 Cosco Investment 0.5 0.035 34 Freight IWU 0.16 -0.005 226 G8 Holdings 0.205 H»l Sun Hup 0.405 unch 42 Hitachi 2os»n 0.53 -0.01 47 IMC Holdings 5.6 Jaya Holdings 0.375 -0.005 5 Jurong Shipyard
      287 words
    • Article, Illustration
      Lock icon Freight rates plunge to 11-year low on Asia woes
      470 19 Baltic Freight Index slumped on Friday to 792, the lowest since January 1987 Bloomberg [LONDON] Global shipping rates fell to their lowest level in over 11 years amid sagging demand for commodities in Asia where an economic slowdown is hurting consumption.
      Bloomberg; FILE PHOTO  -  470 words
    • Article
      Shipping lines vary their approach to consolidation in industry
      756 19  -  LINER SCENE By David Hughes ANYBODY looking for further evidence of consolidation in the liner trades would not have been disappointed over the past couple of weeks. CP Ships increased its global network by merging its Lykes Lines and Ivaran Lines
      756 words
    • Article
      Lock icon Somalia's main port now open: warlord
      293 19 AFP [MOGADISHU] Mogadishu's port has been reopened after a three-year closure due to factional rivalries, Somali warlord Ali Mahdi Mohamed said. "I declared the port open, and adequate security will be given for it to function properly," Mr Ali Mahdi said on Friday. "We
      AFP  -  293 words
    • Article
      Filipino crew, passengers held hostage by pirates
      261 19  -  Manila asking KL authorities for help in rescuing hostages From Alec Almazan in Manila TWENTY-TWO Filipino crew members and passengers of the passenger ferry Virgin Pearl which disappeared last April were reported being held hostage by pirates in an island near Borneo. Philippine
      261 words
    • Article
      Singapore marine hull underwriter changes name
      315 19  -  It is now known as Asia-Pacific Hull Insurance Syndicate By I Soh Tiang Keng [SINGAPORE] The nine-year old Singapore Marine Hull Insurance Syndicate has changed its name to Asia-Pa-cific Hull Insurance Syndicate to reflect its fast-expand-ing business and deeper involvement in this region. Formed
      315 words
    • Article
      Lock icon Malaysia losing up to RM5b to S'pore: Ling
      161 19 Bernama [PORT KLANG] Malaysia is losing between 3 billion Malaysian ringgit (551.25 billion) and RMS billion a year as a result of Malaysian importers and exporters using the Singapore port, according to Transport Minister Ling Liong Sik. He said yesterday that there
      Bernama  -  161 words
    • Article, Illustration
      Lock icon Making Progresso at Yucatan
      948 20 PORT DEVELOPMENT Port authorities at Progresso hope to redevelop a maritime industry at the eastern edge of Mexico's Gulf Coast Journal Of Commerce [PROGRESO, Yucatan] PORT officials at this small waterfront on the eastern edge of Mexico's Gulf Coast want it to become the gateway to
      Journal Of Commerce; FILE PHOTO  -  948 words
    • Article
      SHIPPING SCHEDULES INDEX
      351 20 PAGE FoongSun 8 ANl 3 Frota '5 Accord 8 8 Frt Links 16 Ahrenkiel M GLink 4 Appen ship 5 Gorans 8 Astro 3 CMSh W Austral 9 Nav A*ant 16 HaiSunH «P 8 B'tang Mas 8 Hin li 9 BSA 7 Han i' n 3 BtL
      351 words
    • Article
      SHIPPING GUIDE
      15905 28 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT tTA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone c, N (W... Nam# N m Number Number SIN Desfn Name Name Number Number sin uestn mmi neme 12/06 18/08 Multiline NOGLIKI 206/98 65 *****33 A 12/06 19/08 UASC 0. SENTOSA 021 65-*****17
      15,905 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        613 35 Vessel Voy No Berth Arrival Departure jurong Port Bt Tika Sej *****8 J01 alongside 09.08/0130 Erka Sun 08/98 J15 alongside 11.08/0600 Idc 1 5/98 J17 alongside 13.08/1100 Mayor 809P J08 alongside 09.08/1900 Petersfield V099 J15 alongside 10.08/2300 Roda Perkasa 08/98 J16 alongside 10.08/1200 Spar 2 1 J08 alongside
        613 words
      • Article
        CONTAINER SCHEDULES
        1871 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclng/bUnc* Rstls .hip Voy No Etb/Btr Period From To From Ac* uk oar* n/oroo u of/noo 09/1659 09/1900 09/1500 09/1659 09/1900 2A 09/1700 10/0659 10/0900 a 09/1700 n/0659 n/0900 J 10/0700 10/1159 10/1400 4 >0/1200 I0/M59 10/1700 Aci Hlffl.5 oui
        1,871 words
      • Article
        GLOBAL HOLIDAYS
        190 35 Aug 10 Singapore: National Day Holiday. South Africa: National Women's Holiday. Aug 12. Thailand: HM The Queen's Birthday. Aug 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:
        190 words
      • Article
        COCKETT BUNKER MARKET REPORT
        974 35 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-sized stem Market movements are indicated The Cockett Bunker Price Index change and the indi
        974 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        525 35 Carbon 180 Mai 993.1 0.9 16.7 0.10 72 0.07 July 30 Density Water Residue Ash Aluminium Sediment No above E25 4 0 10 0 0 380 Ave 986.8 0.3 16.0 0.08 24 0.03 t„„ 380 Mai 992.8 0.9 19.0 0.11 111 0.28 H6/W3 v/v m/m m/m
        525 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Virgin Atlantic faces threat of BA-American alliance
        701 36 Opening of restricted Heathrow airport is another threat Branson's airline will have to counter Bloomberg [LONDON] Richard Branson called it "the merger from hell" and now it is coming after him. European regulators said last month they intend to approve the planned alliance
        Bloomberg; FILE PHOTO  -  701 words
      • Article, Illustration
        Lock icon From Hamburg to Berlin the Transrapid way
        76 36 [SCHWERIN, Germany People stand around a model showing part of the planned German magnetic railway Transrapid in c °l° urs °fthe German railway company Deutsche Bahn AG, during a presentation with Germany's transport minister Matthias Wissmann and Bernd Seite, Prime Minister of German
        REUTERS  -  76 words
      • Article
        Lock icon Japan's imported vehicle sales decline
        286 36 19.8% drop in July the 16th consecutive fall AFP [TOKYO] Sales of imported vehicles in Japan dropped 19.8 per cent from a year earlier to 25,146 units in July, the Japan Automobile Importers Association said. The July result followed a 25.5 per cent drop in
        AFP  -  286 words
      • Article
        Lock icon Delta, Korean Air sign marketing pact
        153 36 Reuters [ATLANTA] Delta Air Lines and Korean Air have signed an alliance agreement for global marketing programmes which will help each carrier cut costs. "This agreement is another step for us to extend our relationship and help each carrier become a stronger competitor in
        Reuters  -  153 words
      • LOG Book
        • Article
          Lock icon EVA Air seeking European alliances
          97 36 AFX-Asia [TAIPEI] Evergreen Marine Corp (Taiwan) Ltd unit EVA Airways Corp said it has been seeking more strategic alliance partners overseas, notably in Europe. "Europe is our most important goal for EVA Air to expand its European services. But so far nothing concrete has materialised,"
          AFX-Asia  -  97 words
        • Article
          Lock icon UK now car market set for record sales
          79 36 Reuters [LONDON] Sales of new cars will hit record levels in August after rising 5.1 per cent in July, the Financial Times newspaper reported. Britain's Retail Motor Industry Federation expects new car sales to hit 530,000 in August, equivalent to around one
          Reuters  -  79 words
      • Article
        Lock icon Shanghai to build China's first elevated rail line
        227 36 AFP [SHANGHAI] China's central government has approved a US$l billion (Ssl.7 biUion) elevated rail project the country's first for this eastern metropolis, the official China Daily reported on Saturday. The commuter line, which will loop around western parts of central Shanghai, will
        AFP  -  227 words
      • Article, Illustration
        AOM to be sold
        32 36 [ORLY] a plane belonging to the French company AOM on the tarmac at the Orly airport near Paris. AOM will be sold, the Credit Lyonnais consortium has announced.
        32 words
      • Article
        Lock icon British Airways to cut fares in post-World Cup sale
        183 36 Bloomberg [LONDON] British Airways, Europe's largest airline, said it hoped to sell as many as two million tickets at discounts of up to two-thirds over the weekend in what the carrier called its biggest summer sale for years. Most of the
        Bloomberg  -  183 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1847 36 CITY MIGHT ETA fUGHT HP Adelaide BA7381 1930 BA7382 2055 kM M S09B9 (710 S0990 0105 Of81 1930 0F82 2055 fcwinrtoiiHK C2353 2045 C23S2 0835 Amjtardam K1843 0450 KL838 2300 NmnI ¥***** 1310 VN742 0905 «U3T 1455 $0175 1840 S0176 1W5 Auckland NZ4286 2050 N***** 2045
        1,847 words
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      24 19 Making Progresso at Yucatan Port authorities at Progresso hope to redevelop a maritime industry at the eastern edge of Mexico's Gulf Coast. Page 2
      24 words
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      Page 19 Advertisements Column 2
      76 19 Virgin faces BA-AA threat Opening of restricted Heathrow airport is another threat Branson's airline will have to counter. Back Page -ait 4 r *m\ jaai 45; >* m wL ft&'M lU W? mm -m |f *P 0 u— f "«5 Sg, v.-z* =95 Mr *PB*t 1 Visa Freight Services Pte
      76 words
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      807 20 I NORTH AMERICA I EXPORT I I OTHER DESTINATIONS I ooauunct tmsm m/m m/ 2 2/2 /m oj/m "oSTm o?/m csav«iommjho Tiois ""Im/m"' Esse zr 25 ss ss ss :;s ;:s l--— I"" I"" I m gg |QOQ HONGKONG 2MS3* 01/ M 0»/M M/M H/M n/M 21/ M M/M M/M
      807 words
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      Page 20 Advertisements Column 2
      466 20 Lines services represented i n<>|jl i) by Memoers of the Registry of ccre ,e o Shipping Agents Singapore Shipp.r>g Association Memoers of the K1 3 8:1 Singapore Freight Forwarders Association north west express line ACCEPTING CONTAINERS, BREAKBUIX PROJECT CARGO TO dampkr/fremantu (MONTHLY SERVICE) MV "ARKTIS TBN" ETA SIN 20/08/98 BOOKINGS
      466 words
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      1047 21 TO EUROPE FROM EUROPE VfSSfl VOY MM RTM ANR MM WV SOU RTF LtH VKSEI VOT RTM ANR HAM »RV SOU fXT LiH SIM HY GENERAL 313W 10/ M 27/01 29/08 01/09 26/01 TYNE 5221 19/07 21/07 24/07 25/07 11/01 QM S44W 13/01 05/09 02/09 03/09 31/00 DANUIE 539 C
      1,047 words
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      Page 21 Advertisements Column 2
      1621 21 HANJIN SHIPPING (S) m ITO >*«• WO* l JJW S 7 231 DOCUMENT ********** OPEMMK *****41-82 MAIN UNF W 7O« r. M TO NW USA CANADA mca U*A CANADA* Z 1 1 w W m "1-I I mlm I m HJ HONGKONG 0731 *2 ZH M/M M/M "0/09 09/09 05/09
      1,621 words
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      Page 21 Advertisements Column 3
      450 21 FULLY CONTAIN K II I S I D DIDICATKD SERVICES vtssa m_ _sm_ pkg voy sin hkg kel usn pus w_ sin pkg vessel voy_ sin jkt "MM*" «"K 07/06 14/06 16/06 16/06 19/06 fig* 4]& SKS MOWUNIA _m_ 09/06 11/ M UN 17/06 16/06 16/06 20/06 21/06 KMTC HONGKONG
      450 words
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      1337 22 DSR-SENATOR UNES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN/CANADA Vtssa VOY SIM LEH HTM WW WW WtV FIX VESSEL VOY *5!!"" JEO BIT SPE FOS VIC MTU HMUNKEEIUNG WQO3O 14 M 04 00 OSM OK 04 It 00 00 CHOYANG VISION WMB36 13 01 24 00 30 00 01 00 03 00
      1,337 words
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      Page 22 Advertisements Column 2
      945 22 fkAM MAC-NfcLS S PORE M'SIA PENANG: b^L^^ 7 MANAJL (632) *****24 i P. KELANG: (03) *****77 SURABAYA: (31) *****0 —i 69o^07MDN: (61) *****3 KUCHING (062) *****1-3 XINGANG PORT KELANG/PENAN6 J MV "FRANCONIA" V.FNAI4G ETA SIN: 17/08/98 MV //BUNGA SATU" V.8175 ETA SIN: 13/08/98 HAIPHONG CANADA MV VAN XUAN" V.ESI 88
      945 words
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      Page 22 Advertisements Column 3
      445 22 LINE TIL: *****56 FAX: *****12 MUARA 1 LABUAN vissa vor etd ft* vissa vor m> rr* SPOBt MUARA SPOtt UN APtKGIOtT V2Ol/98 08/08 11/08 AflttGUWr V7OI/98 08/08 12/01 JJtOSfB V2OC/98 15/08 18/08 J.FKKIW VJOf/M 15/08 lf/08 Afttaarr V2ll/W is/os ?i/08 *«iao«Y v?h/w 18/08 n/o» JJtOSPB V7II/98 24/08 27/08 i- WOSPB
      445 words
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      1527 23 VESSEL VOY SIN PGU PKQ PEN PQB PUB SHJ 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 20/08 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. A2ARBAUAN. ARMENIA. KAZAKHSTAN, UZBEKISTAN. TURKMENISTAN. KIRGISTAN. TAOZHIKISTAN GEORGIA VIA
      1,527 words
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      Page 23 Advertisements Column 2
      1828 23 DIRECT TO ISRAEL IN 13 DAYS EVERY THURSDAY I 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) *****02 JOHORE OFFICE; CR HO II7B7BW<WOM ?<£?? SS.SIL., SSS2SSL. 4205 M,/43, /43 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BND CONVENTIONAL *****50/55 T/SHPMT PERT *****25 TEL 02-07-35 ***** FAX:
      1,828 words
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      Page 23 Advertisements Column 3
      619 23 EASTERN CAR LINER, LTD.' T, z^l1 m |_tj ECt (SINGAPORE) PTE LTD SPIOAUZI IN RORO t HEAVY LIFT UPTO 122 TONS I fCL (SINGAPORE) PTE LTD LOADING FOR YANGON/HALDIA COLOMBO/CHITTAGONG MV "TERESA PRESTIGE" V.19 MV "KEISHUN" V.78 ETA SIN 07/08/98 '2/08/98 ETA SIN 09/08/98 ETA COLOMBO 14/08/98 ETA HAIDiA 16/08/98
      619 words
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      Page 24 Advertisements Column 1
      1144 24 {WOPE/WSCAMWmVI/WHUHOfflimiA I SGP ROM ANW HBG THP ZEE LHV I LHV THP ROM ANW HBG PKL SGP E DECENT RW-005 18AM 03/09 08/09 04/09 06/09 07/09 09/09 E. REPUTE RE-01S 11/07 21/07 19/07 22/07 24/07 IMM 20AM E OIAMONO RW-001 25,08 11/09 16/08 13/09 I<o9 15/09 17/09 E GAfILAND RE-054
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      Page 24 Advertisements Column 2
      342 24 mm ■—■■———^—mmmZZIZ M^mmmMmm^ammmmmm w^j^mgsiMMil^BmSaK Ism* vase te; Ma jjg Mh*«* cmw Ukw irridw i gg» 13/Ot KM 27/01 27/01 07/W ~~OVW 11/ nT ium *B*ttC—— KIOK 20/01 JVM 02/ M M/M M/M 13/09 15/W JTTM —IV'M iV- ME M. W/W ~DMS w/w —»g—f-JgL- WW 07/W W/W W/M 11/W M/W 22/W
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      Page 24 Advertisements Column 3
      404 24 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VISSII I VOY I SH 1 ftU I DW I (H |~«7»* HAttACASTEIA V.OOIS It/M 25/ M 29/01 03/09 mniUPBIKBS V.0235 23/08 07/09 11/09 IMtUIQUEBI VO79S 31/06 09/09 13/09 11/09 21/ M mMTAJ DtA&OW yoots 07/09 17/09 21/09 26/09 NAMW PRIME
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      419 25 BSfl .L mm, MYANMA Ugßk FIVE STAR LINE (Myanmar National IIno) 1 loading for Yangoa (Rangoon) VISSf l VOT SM PRI pen pgu smwi am si» PATHEM 150W SU> MALAYSIA AGENTS: ROUSTEAD SHIPPING AGENCIES KUL Til (03)*****00 PRL Til (03)*****01 PEN: Til (04) *****02 PGU: Ttt (07) *****21/4 BANK LINE
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      Page 25 Advertisements Column 2
      1284 25 HYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOT" W soul UHI RTM I ANT I HAM |MVI FE I [VBSE VOT sail ißi m ant jfi ay m "Tan HY GENERAL 31JW 10/ M 24/01 27/06 21/06 01/01 MM 5211 17/07 72/07 ***** TlrtO EM 546W 13/06 31/06 05/01 02/01 03/01
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      Page 25 Advertisements Column 3
      1041 25 1 norvxgon ipeooiod oufooomen Wilhelmsen Lines TO NORTH AND UTIN AMERICA '*o*o HEAVYUFT SERVICE" |VKtfl |~VOY RAMP WIGHT SM LAX Ctl MIA SAV Ml OW NYC NCW MM TAPiOLA F414 400 Tom 6.3 M ***** 10/09 19/09 22/09 24/09 WoTwToT 24/09 03/10 04/10 TAMPA F»l7 400 lom 6.3 M 26/
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1925 26 BANOKOK/MAP TA PHUT/LAIM CHABAHOI JAKARTA/PAWJ ANO VESSEL VOY 'sin bkk mtp lch vessel voy sin JKT PJN BAN! BHUM 11 ON 11/06 15/08 14/08 ACX RUBY* 28S In Pt 13/06 CHANA BHUM** 30W 11/08 14/08 VIBA BHUM 223S In Pt 14/06 13/08 NANTA BHUM" 406N 12/06 15/06 WW ANRO JAYAKARTA'
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      Page 26 Advertisements Column 2
      35 26 LNS EXPRESS (S) PTE LTD Blk 217 Henderson Road, 101-04 Henderson Industrial Park, Singapore *****5. CR NO: **********(yH Air-Sea International Frelpht Forwarder! MUARA LAIso accepting Heavy LHt Pro|eet Cargo Tel: 65-276 7996 Fax: 65-276 3740
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      402 27 INDONESIA NATIONAL LINE TO EUROPE "1 EXPRESS SEMI-CONTAINERISED SERVICE___ vn VQY «0«M/B D*M MBUWG BREMEN ANTWERP A VESSEL 20/10 ?5/10 OMIT 05/11 TO AUSTRALIA "1 PULL CONTAINER SERVICE m Ivor hk I im rro Itfii—iimiimmihL |IAjM n«ln<lll 2MB jim mw M AUSTRALIAN EKTERPWSf 17S |aM6 ?Z«| KM MM PW I
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      Page 27 Advertisements Column 2
      745 27 aaggPff PACIFIC INTERNATIONAL LINES (PTE) LTD aiiiiaijUgiiieS J 140 Cecil Street, #03-00 PIL Building, Singapore *****0. 1 CR NO **********06 Ivum VQY m SM I STP MIL Ml API HI ftl SM I lUNGA TEIATAI2 1TP303 11/0 12/0 I M/» 2*/0 20/0 2/9 0/9 9/9 KOTA PtHWMA rWOOII '</< I
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      Page 27 Advertisements Column 3
      930 27 VESSELS VOY SIN I JED I MLA LEH HAM THP RTM ZEE "1 V*LE OE TAURUS A27W 17/06 26/08 31/08 06/08 07/09 08*08 06*00 1(H» W-LE OAQUARIUS U27W 25/06 02/09 07/09 12/08 14/09 17/09 17/09 18/08 VJ-E OE ANTARES LZ7W 01/09 06M9 14/08 20/08 21/09 23/08 23/08 24/09 VILLE OE
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      51 29 STEjTk Dial 740-6000 on demandl (Retrieve more schedules!) Press "1" Select the port and key in SiKJ the four digit code eg: To New York (NYC) 2275 STEf) Key in your fax number STBfcljEnter your phone number Another Innovative service offered by e __j The document Will be SHIPPING TIMES
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      Page 31 Advertisements Column 1
      48 31 STaflDial74o-6000 Oil d€fTl9n(l —(Retrieve more schedules!) Press "1" ;'V Select the port and key in 5 the four digit code -—eg: To New York (NYC) 2275 1 Key in your fax number your phone number v' Another innovative service offered by The document Will be SHIPPING TIMES !3tJ
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1061 32 —SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKINGS CALL DIRECT JESSICA/CELIA/MEICHAiI 7 SLGS/WEEK [2585H5Z131 2 SLG/WEEK VESSEL VOY SIN JAK VESSEL VOY SIN PLB MAERSK JAKARTA 9833 11 /08 (TUE) 13/08 (THU) TWADIKA
      1,061 words
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      Page 32 Advertisements Column 2
      561 32 hfiSß EMG LIE SHIPPING CO pn ITD I IKZJA M» *****75 (4 Umi| Fax: *****36/*****60 |__K_ <> Mi n»moooo<K VISSIL VOY SIN HA SIN ITD DESTINATION Sinar Cwitial 11/98 11/07 14/07 Permwna/Buolon/P Boru Marco Polo 24 08/98 08/08 13/08 Soraboyc Unggul Joyo 10/98 IN PI 12/08 oumo./Pera*ong Union Slot 18
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      Page 32 Advertisements Column 3
      504 32 SIN FAR EAST 16/08 KEELUNG/KAOHSIUNG 13/08 BANGKOK 14/08 MANILA/CEBU 13/08 JAKARTA/BELAWAN/SURABAYA 16/08 PORT KELANG/PENANG/E. MALAYSIA 18/08 BUSAN 16/08 TOKYO/YOKO/KOBE/NGO/OSA 16/08 HONG KONG SIN CHINA 16/08 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 16/08 LDN/FLX/LVP/SOU ROM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 16/08 LOS ANGELES/NEW YORK all IPI points
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      Page 32 Advertisements Column 4
      420 32 rrrg Singapore Soviet Shipping CPL CI No lOOSOMOOOO* Multiline Shipping PI V33J (WMyOmdSuMnry) C> N« l*/*****000C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNOO9 08/06 15/08 27/08 28/06 KOTARATU RTUOI7 14/08 21/08 02/09 03/09 BUXMOON 118N 20/06 28/06 09/09 10/09 [VESSEL VOY SIN CALCUTTA SIN NEVELSK 24SV 104-05/081 10/08
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1005 33 ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE VESSEL VOY SIN I CMS PtR ILA SPEZIA I VIC I LEH I OCT I ANT I MSC ROSSELLA 983) 3 09 AUG 23 AUG 26 AUG _2fi_AU£_ Q1 SEP 02 SEP 03 SEP NORSHARJAH 9832-3 16 AUG 20 AUG 30 AUG 02 SEP
      1,005 words
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      Page 33 Advertisements Column 2
      1007 33 NKKI)SIX min^^^ CALL ills at PnBT Jn A«r. no INTERNATIONAL SHIPPING CORPORATION BERHAD KUALA LUMPUR 03 24?8n8H Ciurapnoc' nf oonic2o' *****22/5 JOHOR BAHR U: 07-*****88. PASIR GUDANG: 07-*****00. *****43, *****86. IPOH: 05-*****40. «UALA_IUMPURJI3-*****88, SINGAPORE: 02-*****22, JAKARTA: 21-*****64/5. SURABAYA: 31-*****1, MEDAN. 61-*****7/9. SEMARANG: 24-*****4 ygSa/VQYAGt spori sou Fm r ro* Southampton
      1,007 words
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      Page 33 Advertisements Column 3
      820 33 VtSm/VOYA<g 1 SOU 1 RTM 1 HAM j L£H STOW KOt am SHWMZU ItOKTO NYK ANTARES 05EA29 1f.07 21.07 72.07 25.07 11.01 17.01 1101 20.01 lUN NYK ANOROMEOA 04EA30 26.07 2107 29.07 01.08 18.08 24.08 25.08 27.08 2101 PONLROTTaPAM 021A31 01.08 MJB 04.08 0108 25X8 31.0« 01.09 0109 0109 IVtSSa/VOTAGi
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      1604 34 SIN I TIGER BRIDGE 641N 10-11/08 16-2008 25-26/08 TIGER WAVE 639N 10-11/08 15-18/08 22-23/08 TIGER BAY 642N 12-13/08 21-2ZOB 27-28/08 TIGER ISLAND 643N 15-16/08 21-25/08 30-31/08 TIGER WAVE 644N 22 2XOB 28-31/08 05-06r|09 TIGER BRIDGE 645N 25-26,08 31 04/09 09-10/09 Ivessel^^^vo^^s!^^cal^sST| SINHAI 018 10-11/08 17-21/08 27-28/08 DRAGON SENTOSA 021 H-1&08
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      Page 34 Advertisements Column 2
      1237 34 OOCL (Singapore) Pte Ltd CFS Keppel Distrpk 79 #21-04 C5)*****6 Ilk 513 *01-128 cfc. CR HQ **********0H M: 272 7827 For booking r^V W: *****13 F« 221 3M2 fox: 272 782$ W OOCI (Malaysia) Sdn. Bhd. 4 enquiry jnWJMCWYA M: 03-756 774 F.x:o3-7565 342 coll 3269 180 W: 04-*****45/8 F«:
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      Page 34 Advertisements Column 3
      47 34 ETA ETD TROPICAL ROSE 10/06/96 12/08/96 PHNOM PENH JUN 3 11/06/96 12/06/96 SIHANOUKVULE JUN 3 26/06/96 27/06/96 VUNGTAU (30 TON DERRICK AVAILABLE) THE NEW STRAITS SHIPPING CO. (PTE) LTD 51 ANSON ROAD *09-53 ANSON CENTRE SINGAPORE 0207 TEL: *****07 *****22 TLX R*****0 FAX *****85 CR NO: **********0R
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  • Page 35 Miscellaneous
    • Miscellaneous
      Page 35 Miscellaneous Column 1
      125 35 [Regional WeatherV LEGEND: R Thunderstorm Temperature X\ 7 Shower Weother Wind direction with speed in knots Roin Cloudy Sky Wave height Surface winds ore indicated by arrows which fly »,th the wind Cl) One full circle represents calm or light and variable winds J__ One half fleche represents 5 knots
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