The Business Times, 12 October 1998

Total Pages: 46
1 46 The Business Times
  • 13 1 MITA(P) IHVI2/97 85t THE BUSINESS TIMES SINGAPOR E Internet: http://business-times.asial.com.sg/ MONDAY, OCTOBER 12,1998
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  • 47 1 flWSMASXET DINGEB VM Qiuge smsci Z+n3 BMW 441J6—+S3.77 KL8800MP S71B +».1« NUB *****.97 -343.72 BAN08BNQ 8J99.79 SRDBBX 39KJ9—+46.94 JAKARTA COUP 3NJM +41.91 MANILA COUP. 1J91.36i... +196.74 TAIPHWF! 9>44.17....+324J# SEOUL COUP 338.43—+39.18 CLSA CHINA B 999J9 482 AL'ST ALL ORD 2,491 J9 -41.90 DOW JONES-—. 7,899.42...+114.88
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  • 71 1 FOSEX BITES U8t 81 USS 1.M8 t(USVSSprS) 1.7* IMP DM 1JM 1.111 YBM 118.1 1JH* Uf MM MM HKS 7.747 <J1S BttT 38.60 0 043 RUPIAH .9,06* AM* SINGAPORE* 7J6 KUALA LUMPUR lift JAKAHZA 28ft BANGKOK 14.7* MANILA KM OOMHDNG lift UUFH AM SYDNEY TOKYO, »—.AM 8B0UL 14ft zuwcr*
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  • 740 1  -  S'pore stock market enters final quarter with analysts deeply divided on prospects By Wong Wei Kong [SINGAPORE] Singapore stocks have made an impressive start to the final quarter but it is still unclear whether stocks will stumble or soar
    Source: Bloomberg  -  740 words
  • 656 1  -  Borrowers baying iip cheap bonds to repay creditors From\ Shoeb Kagda in Jakarta HIGHLY-GEARED Indonesian companies have found a new way to keep their creditors happy. Taking advantage of the collapse in bond prices, they are snapping up quality corporate paper
    656 words
  • 491 1  -  From Lob Hui Yin in Hongkong A SUBSTANTIAL and comprehensive package of measures to help Singaporeans weather the economic crisis will be ready in a month or two, said Deputy Prime Minister Lee Hsien Loong here > yesterday.
    REUTERS  -  491 words
  • 732 1  -  Estrada's visit seen to herald new phase in bilateral ties By' Yang Razali Kassim [SINGAPORE] Philippine President Joseph Estrada arrived here yesterday for his first official visit abroad since coming into office, raising expectations of a new phase In bilateral and investment relations
    SIEW YAW HOONG  -  732 words
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  • WORLD ECONOMIC FORUM
    • 1506 2 Policy-makers must address the conceptual, structural and policy challenges of a new global economic reality created by massive, rapid capital flows THE World Economic Forum s annual East Asia Economic Summit opens here in Singapore today. Against the backdrop of a region in crisis,
      SIEW YAW HOONG  -  1,506 words
    • 551 2  -  Two-thirds see region as best bet for growth over 3 years By' Wong Wei Kong [SINGAPORE] Chief executive officers in Asia remain mostly optimistic about future prospects despite the ongoing uncertainty in the region, a joint survey by PricewaterhouseCoopers and the World Economic
      Source: Pricemeter at Coopers  -  551 words
    • SIDE LINES
      • 150 2 WITH Malaysia's capital controls set to be one of the hot topics at the World Economic Forum's East Asia Economic Summit which opens at the Singapore International Convention and Exhibition Centre today, the economic briefing on Malaysia which starts at 5.15pm today looks set
        150 words
      • 50 2 LED by President Joseph Estrada, Filipino delegates are sweeping into town with a flourish. Mr Estrada, who took some flak earlier on back home for travelling overseas at a time when the national budget is tight, is being accompanied by an entourage of more than 40 people.
        50 words
      • 88 2 JOURNALISTS covering the summit are intrigued to learn that Sukhumband Paribatra, Deputy Minister of Foreign Affairs of Thailand, and Domingo Siazon, Secretary for Foreign Affairs of the Philippines, are due to chair a joint press conference on Wednesday. One hack suggested tongue-in-cheek that perhaps the two Asean leaders
        88 words
      • 151 2 AT a press conference last Friday, WEF managing director Claude Smadja was asked why there isn't any discussion scheduled on the role of the IMF and World Bank in helping Asia out of its financial crisis. He replied that the topic was much debated at the WEF
        151 words
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    • 9 2 Tuesdays The Property Column by Lee Han Shih TheßusinessTimes
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  • SINGAPORE AT HOME & ABROAD
    • 432 3  -  But risk of recession has gone up and its impact to Asia will be severe, they say By, Audrey Tan ECONOMIC forecasters here are watching the US economy closely, but most do not expect a US recession next year even though
      432 words
    • 186 3 Transfer of knowledge U ongoing Congrex official WHILE the number of convention end exhibition participants coming to Singapore has fallen last year, the number of conventions and exhibitions should not be too much affectsd by the economic downturn, said an official from a major conference
      186 words
    • 273 3 Land designated for medium-density residential nse BRITISH Petroleum's former refinery at Pasir Panjang. sandwiched between Labrador Park and Keppel Golf Links, is expected to be returned to the government in December, said the Land Office. The land has been
      273 words
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    • 135 3 Fed governor sees 2.25 growth in 1999, Pg 10 j. HPS THE ORI6INAL sports watch SINCE 1860. ■T 1 SWISS MAIE k~. m I I A W '--HI 9 f'J-., i&r-"*' *3 'jmLv fcijEißSw* > H v 4 t r*■ /< iZKiS&wP v 'i ikS> I 0 %>'■- v I
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  • ASIA'S ECONOMIC SLUMP
    • 758 4  -  CRISIS WATCH After the great currency U-turn, fores markets could become the targets of anti-speculative measures By Vikram Khanna a"W" CANNOT imagine a reason people would want to buy yen," a foreign exchange dealer was quoted by Bloomberg News as saying on Oct 4. He
      758 words
    • 353 4 AFP [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad hailed the country's recently imposed currency controls as "innovative", as he accused the West of applying double standards on government bailouts of major ailing companies, press reports said yesterday. Dr Mahathir, speaking on Saturday at the
      AFP; FILE PHOTO  -  353 words
    • 309 4 AFP [KUALA. LUMPUR] Malaysia's central bank chief expects positive economic growth next year following the imposition of various measures such as capital controls, the New Straits Times reported on Saturday. "We feel the economy will have positive growth next year, and that the negative
      AFP  -  309 words
    • 242 4 AFP [MANILA! Malaysia's currency controls are gaining sympathy from within Asean after the group failed last week to draw up clear alternatives to ease the pain from the regional financial crisis, analysts say. Asean economic ministers held two days of discussions over a
      AFP  -  242 words
    • 479 4 If sustained, it's a very positive factor for exports: analysts Reuters [SEOUL] The yen's resurgence has provided a ray of hope for South Korea's economy, battered by a financial crisis, dwindling exports and plunging domestic consumption, economists said. But it was premature to
      Reuters  -  479 words
    • 308 4 Problems with loans expected to intensify in the short term Reuters [BANGKOK] Falling interest rates may have rallied Thailand's stock and bond markets in the last month, but analysts and bankers say it will be at least another year
      Reuters  -  308 words
    • 431 4 Sport simply doe to supply-demand factors, say analysts Reuters [JAKARTA] The resurgent Indonesian rupiah should take some of the sting out of the country's economic crisis, but not much and probably not for long, analysts say. "The rebound will help ease the pain. But with
      Reuters  -  431 words
  • Page 4 Advertisements
    • 131 4 "K" Line. Shipping in your corner 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
      131 words

  • SOUTH EAST ASIA
    • 716 5  -  LETTER FROM JAKARTA She attracts more than a million supporters as Bali gives her a rousing welcome By Shoeb Kagda FOR three days this past weekend, Indonesia's famous resort island of Bali played host to a different group of visitors. The island was
      AFP  -  716 words
    • 406 5 MANILA Airline in talks with US creditors to pnt jnmbojetson trans-Pacific routes Reuters RESURRECTED Philippine Airlines is preparing to take off for foreign skies again this week, but may avoid using leased jumbo jets to fly to the US for fear of
      Reuters  -  406 words
    • 493 6 KUALA LUMPUR Group to observe hearings, hopes to meet officials involved in case AFP MEMBERS of an international network of human rights lawyers have teamed up with local advocates to help defend detained former Malaysian deputy premier Anwar Ibrahim, a group
      AFP  -  493 words
    • 357 6 KUALA LUMPUR AFP MALAYSIA is stepping up efforts to mitigate fallout from international criticism and foreign media reports highlighting the treatment of former deputy premier Anwar Ibrahim, now entering his* fourth week of detention under the Internal Security Act Although Malaysia has weathered
      AFP  -  357 words
    • 70 6 [MANILA] Sympathisers ofslain Filipino-Chinese kidnap victim Wilfyson Ong staging a protest march as the funeral hearse (left) bearing his body leaves thefuneral chapel for his burial in Manila yesterday. Mr Ong, 38, who ran a garment factory in suburban Manila, was shot dead by his kidnappers who
      AFP  -  70 words
    • 440 6 MANILA Analysts sceptical about moves to speed up free trade area Reuters THE disparate Association of South-east Asian Nations (Asean) has always had a tough job convincing onlookers of its combined purpose, and its divisions are now attracting even more attention than usual. The group
      Reuters  -  440 words
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  • Page 6 Advertisements
    • 113 6 t! fif mla Barco warmly welcomes J J the participants of the 1998 East Asia Economic Summit ■MMM in Singapore. We thank the X y»TOt*V?^^B ■flf WorU Economic Forum and ■I 111 aM our customers for making ■i Hi I Barco their projectors of i Name: i i i i
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  • CHINA--HONGKONG-TAIWAN
    • 385 7 He is able to discuss political issues, official visits, military exercises TAIPEI AFP TAIWAN'S top envoy to China has been given greater scope to hold constructive dialogue with Beijing when he visits the mainland for the highest level contact in Ave years,
      AFP  -  385 words
    • 196 7 HONGKONG AFP NEW Zealand Finance Minister Bill Birch has supported the Hongkong government's controversial move in August to defend local financial markets from speculative attack. Mr Birch, after meeting Hongkong's Financial Secretary Donald Tsang in Washington, told RTHK radio he had heard a convincing
      AFP  -  196 words
    • 257 7 m BEIJING Money supply growth doe to policies, service upgrade AFP CHINA'S foreign exchange reserves rose to US$l4l.l billion (*****.3 billion) by the end of September, up US$l.2 billion since the end of last year, the official Xinhua news agency has
      AFP  -  257 words
    • 165 7 BEIJING AFP THE Chinese government will encourage firms in sectors which produce too much for the domestic market to transfer factories overseas, the China Daily Business Weekly said yesterday. It said the State Economic and Trade Commission was drafting a
      AFP  -  165 words
    • 274 7 BEIJING Reuters CHINA'S ruling Communist Party is scheduled to open a key meeting today aimed at ensuring the party's grip in the countryside. The party's Central Committee would hold a three-day plenum and endorse policies designed to boost rural income and
      Reuters  -  274 words
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  • ASIA
    • 451 8 SEOUL Tough penalties reflect growing anger over resistance to reform AFP [SEOUL] South Korean corporate watchdogs lashed unwieldy conglomerates yesterday with harsh retaliatory penalties for illegally diverting profits to troubled subsidiaries as they dragged their feet on reforms. The Fair Trade Commission
      AFP  -  451 words
    • 156 8 NEW DELHI AFP INDIA'S ruling Hindu nationalists asserted yesterday they win win next month's local government elections in New Delhi despite turmoil within their ranks following a leadership change. The Bharatiya Janata Party (BJP) of Prime Minister Atal Behari Vajpayee said
      AFP  -  156 words
    • 69 8 [SYDNEY] Daisuke Nakata (left) and Yohsuke Kataoka, Japan's synchronised trampoline team, go through their routine yesterday at the 20th World Trampoline Championships at Sydney's Homebush Bay. The sport is hoping to be included in the Sydney2oooOlympic Gamesprogramme after it was decided earlier this week to come under
      REUTERS  -  69 words
    • 361 8 ■SYDNEY Games organisers seek exemption as cost will rise Asllom AUSTRALIAN Treasurer Peter Costello yesterday signalled his government's intention to have its Goods and Services Tax (GST) in place in time for the 2000 Sydney Olympics, upsetting Games organisers. Mr Costello
      361 words
    • 376 9 TOKYO Bloomberg SAKURA Bank, Japan's fifth largest commercial lender, and Fuji Bank, the sixth largest, denied a report the government will invest up to 1 trillion yen (5513.9 billion) in each of the banks. /The Tokyo Shimbun reported the government
      Bloomberg  -  376 words
    • 182 9 TOKYO AFP MAJOR Japanese commercial banks have been losing their depositors to foreign banks and government savings schemes since July following a crisis at Long-Term Credit Bank of Japan, a report said yesterday. The amount of deposits placed by retail customers at the
      AFP  -  182 words
    • 565 9 TOKYO Surging yen, crumbling stocks may deepen economic woes, say analysts AFP JAPAN, with bank reforms close at hand and huge stimulus spending planned, may finally be preparing the way to a recovery, economists say, but a sense of foreboding
      AFP  -  565 words
    • 238 9 BOMBAY Plenty of evidence to support yield figures, he says AFP THE chief of India's nuclear establishment has stood by official claims on the yield of the country's five nuclear tests in May. "We are confident that the yield of 60 kilotons we
      AFP  -  238 words
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  • THE WORLD
    • 472 10 WASHINGTON Negotiators working ont a compromise with government on USslBb funding Reuters TOP congressional Republicans said on Saturday they were near agreement with the White House on freeing up US$lB billion (5529.6 billion) for the International Monetary Fund to bailout the next
      Reuters; REUTERS  -  472 words
    • 298 10 WASHINGTON AFP POWER broker and Cold War hawk Clark Clifford, who advised four US Democratic presidents during his lifetime, died at the age of 91 in his home outside Washingtcm, family members reported on Saturday. He took part in shaping the
      AFP  -  298 words
    • 321 10 WASHINGTON NYT THE House ethics committee dismissed on Saturday the three remaining ethics charges against Speaker Newt Gingrich, although it found that he repeatedly violated a rule against using outside consultants to conduct official House business when he •was the Republican minority whip
      NYT  -  321 words
    • 171 10 HAIFA, Israel AFP A MAJOR forest fire seriously damaged some 20 homes early yesterday and forced the evacuation of outlying neighbourhoods of Haifa, Israel's third biggest city, officials said. Several thousand people were forced from their homes and three people were hospitalised
      AFP  -  171 words
    • 521 10 LONDON Investors advised to stick to shortest dated assets Reuters GLOBAL bond markets were savaged last week as funds liquidated massive positions and analysts said the safe-ha-ven bubble that pushed prices to record highs may have burst. Trades said the "flight-to-quality" phase
      Reuters  -  521 words
    • 435 10 WHITE SULPHUR SPRINGS. West Virginia Bloomberg THE US economy will probably slow next year to a growth rate of about 2.25 per cent, as it is buffeted by a global slowdown and financial market turbulence, Federal Reserve governor Laurence Meyer said last Saturday.
      Bloomberg  -  435 words
    • 153 10 LONDON Reuters A SUSTAINED downturn in the world's financial markets will increase the likelihood of major frauds, a fraud investigator said on Friday. Alan Plavsic at KPMG Forensic Accounting issued the warning in the KPMG Fraud Barometer which showed that serious fraud cost
      Reuters  -  153 words
    • 519 10 MOSCOW Jostling for alliances starts though polls are not dne till 2000 Reuters RUSSIA'S presidential election is not due until mid-2000 but don't try telling that to the likely challengers. Doubts over President Boris Yeltsin's health and his perceived political weakness
      Reuters  -  519 words
  • Page 10 Advertisements
    • 107 10 CHRISTIE'S HONG KONG GODS OF THE BUDDHIST PANTHEON FINE CHINESE CERAMICS AND WORKS OF ART auction: 3 November 1998 at the JW Marriott Hotel, Hong Kong VIEWING: I 14-15 October 1998 at the Grand Hyatt Hotel, Singapore, 10:00 am. 6:00 p.m. LECTURE: "Sources of Decoration on WSr B Chinese Ceramics",
      107 words
    • 12 10 ÜBS ignored own policy onLTCM,Pg22 Top Indian mutualfund under scrutiny, Pg 22
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  • BUSINESS IT
    • 638 11  -  D&taquest study says revenue growth will top 140% in the Asia-Pacific this year By. Raja Chellam [SINGAPORE] While sales of general computer servers are on the decline, the market for Internet servers is booming, especially in most countries in the Asia-Pacific, according
      Source: Dataquest, Gartner Group  -  638 words
    • 165 11 Bloomberg [NEW YORK] Oracle Corp chairman and chief executive Lawrence Ellison said the world's largest database software maker will probably turn its new Business Online service, which lets users "rent" software, into a separate company. Oracle Business Online is a new service that began
      Bloomberg  -  165 words
    • 517 11  -  It is now putting focus on applications because of the fast growing market Toh Han Shin [SINGAPORE] While it did axe people in the region earlier this year, Oracle is bullish about South Asia (the Indian subcontinent and South-east Asia) and does not
      517 words
    • 547 12  -  There is a greater need to manage the IT systems and PCs of SMEs today than before, says exec By 1 Toh Han Shin [SINGAPORE] Computer Associates (CA) wants to manage not only a company's IT systems but even its coffee machines.
      547 words
    • IT TAKES
      • 67 12 [SINGAPORE] Oracle has tied up with the National University of Singapore to address the growing shortage oflT professionals in Singapore. They are making a collaborative effort to produce more than 1,000 students proficient in IT in Singapore by the year 2000. Called the NUS/Oracle Academic Initiative,
        67 words
      • 35 12 [SINGAPORE] Microsoft Singapore has extended its partnership with the National Computer Board under the Local Industry Upgrading Programme (LIUP) for another two years. Microsoft has been an UUP member since 1996.
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      • 64 12 [SINGAPORE] Nanyang Polytechnic and Platinum Technology Singapore are jointly organising two data warehousing courses for business professionals next month. Data Warehousing Fundamentals will be held cm Nov 12-13 and Data Modelling for Data Warehouse will be held on Nov 18-20. Both courses will be held at the
        64 words
      • 96 12 [SINGAPORE] 3Com has launched its Master of Network Science (MNS) certification programme for networking professionals in the Asia-Pacific. The programme will help create aitinternational workforce of network professionals with skills in 3Com solutions. 3Com will be working with systems integrators and training organisations across
        96 words
      • 51 12 [SINGAPORE] Mentor Graphics will hold its annual roadshow on Oct 27 at the Orchard Hotel. The roadshow will focus on the company's electronic design automation (EDA) solutions. The event is co-sponsored by Hewlett-Packard, Nikkei Electronics Asia and Sun Microsystems. Admission is free. To register, contact Felicia at
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      • 43 12 [SINGAPORE] DB Universe9B, an exhibition and conference for database developers, IT professionals and senior corporate executives, will be held on Oct 21-22 at the Raffles City Convention Centre. For more information, contact ZD Events at 227 5755 or e-mail enquire@zdLcom.sg.
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      • 59 12  -  -Compiled by* Toh Han Shin IN THIS column last week, we said that Baan and the Singapore Computer Society were organising a seminar called Baan SCS Executive Breakfast Programme to be held on Wednesday. This is incorrect The event is organised solely by Baan—the Singapore Computer Society
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    • 407 13  -  US software firm to hire more people in Singapore and Asia-Pacific By' Toh Han Shih (SINGAPORE] Hyperion Solutions Corporation is thriving in Asia, thanks to the Asian crisis. The Nasdaq-listed company offers software for business reporting, analysis, modelling and planning. "We see our revenues
      407 words
    • 541 14  -  TOKYO'S WORLD PC EXPO Locally-developed graphic tablet and e-albnm debnt first in Japan From Raju Chellam in Tokyo SINGAPORE-DEVELOPED IT products drew good crowds at Asia's largest PC exhibition, the World PC Expo, held in Tokyo last week. Besides Creative Technology, which had a fairly large
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    • 167 14 Bloomberg [REDMOND, Washington] Microsoft Corp will begin selling its first telephone next month, a cordless model that dials by spoken command and blocks unwanted calls by linking to a personal computer that manages phone traffic. The world's largest software maker said the phone system
      Bloomberg  -  167 words
    • 291 15  -  Company heading for clash with enterprise resource planning vendors By\ Kenneth Goh (SINGAPORE] Platinum Software Corp, which provides client/server financial accounting and business applications, could be in for a headlong clash with major enterprise resource planning (ERP) vendors such as Baan, Oracle, People Soft and
      291 words
    • ON THE SHELF
      • 104 15 CANON Marketing Services has introduced two flatbed, PC-compatible, colour scanners (above), the design of which is said to be influenced by ancient Japanese culture and reflect the contours of a Japanese sword and a Japanese wine cup. The FB 320P offers an optical resolution of3oo dots
        104 words
      • 69 15 AUTODESK Asia is offering a free 604 ay trial for Autodesk World Release 2, a desktop application for analysing data in a geographic or spatial context, and displaying it visually on a map. A full working copy of the software is available at: www.autodesk.com/products/world. The
        69 words
      • 75 15 MAXTOR Corp is ready with its Diamond Max 4320 series of hard disk drives (above), which it says is "one of the first 4.3 GB-per-platter desktop dries shipping in volume from any manufacturer". The drives offer storage capacities of up to 17.2 GB, are produced
        75 words
      • 58 15 DIAMOND Multimedia Systems has announced Viper V 550, a graphics accelerator for 2D, 3D and video, targeted at PC users and gamers. The $422 solution offers digital video playback and TV output, supports Win 96 features, and is compatible with all the popular gaming protocols, including
        58 words
      • 88 15 ADAPTEC Inc has come out with EasyCD Creator Deluxe Edition 3.5 (above), a CD recording software targeted at home and corporate users. The US$99 product offers recording straight from LD or cassette to the CD, and comes with three utilities: CD Spin Doctor, that cleans
        88 words
      • 89 15  -  Compiled by Raju Chellam GATEWAY 2000 Singapore last week cut prices by up to 15 per cent on all Pentium n-based G series multimedia PCs. "These price cuts mark the best deals ever announced by Gateway since its entry into the South Asia market," Gateway
        89 words
    • 591 15 The huge PC market of four million machines this year is welcome news for industry executives Reuters [BElJlNG] Information age products are catching on fast in China. In Beijing's high-tech retail district of Haidian, vendors show off high-powered Compaq and IBM
      Reuters  -  591 words
    • 178 16 Bloomberg [MURRAY HILL, New Jersey] Lucent Technologies Inc said it will use technology from Tut Systems Inc to make new computer chips that will let consumers link their personal computers into networks using regular phone lines. Lucent, North America's top telephone-equipment maker, said it plans to
      Bloomberg  -  178 words
    • 302 16  -  Solutions by Snnway, JDE and IBM include hardware, software, training, and a leasing option By\ Raju Chellam [SINGAPORE] Three IT suppliers Sunway Business Applications, JD Edwards, and International Business Machines Corp last week launched a set of bundled solutions targeted at small and medium enterprises
      302 words
    • 520 16 The new products are the successors to Intel's Pentium Ilchip Bloomberg [SANTA CLARA, California] Intel Corp plans to unveil two new versions of its flagship microprocessor in late 2000, as the world's largest chipmaker tries to stake its claim in the market for
      Bloomberg  -  520 words
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    • 326 12 H| I HBBEHESaSBaH I I Waiting till 1999 1 I may be too late! I Many foreign subsidiaries have already received instructions JRB from their Head Offices to ensure Year 2(MN) compliance for their payroll software by December 31,1998. |^H If you arc still using a Non-Year 2<MM) payroll package,
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    • 603 16 The Vital Event for Asia's Top Managers and IT Decision Makers at Raffles City Convention Centre, Level 4, Westin Stamford on 21 22 October 1998 (Wednesday Thursday), 9.00 am to 5.30pm HNH KEYNOTE interactive exhibition Jnm«< P Kallv 10.30 am 5.30pm. Experience hands-on demos and £L VrL interactive displays from
      603 words

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    • 395 17 Where to wine, dine and entertam.. <j> fssssr BM Hpsn i c^£ H|. Ltlfet 1 HHHH Daily A La-Carte menu. —jjj/ylMBi Western and k)cal BHBflMfl If favourites chefs ill jjf speciality top selling I jSr Hainanese Chicken Rice, jgl\MjiE=f Nasi Goreng Istimewa, etc. Every Monday is Senior Citizen'* Day at
      395 words
    • 287 17 Mat fN bw? Imlit it A Cats' Mews/ v CiHk Cits' Nhti i« t««4ay ClisiifitJ thli «Hkt«d. I CAX& Onf(MMt *W for i iHAtri, LOCAL for Jiour mAin course... FeSTlvMgkLighTS 17 18 OTTOBER 1998 |t 7.00pm 12.00 owi §|k to IOfM IP* ,8P Special Buffet Dinner at the j 4
      287 words
    • 127 17 ""Italian Gastronomia Becomes an A 6-12 October 1998 I 1 The excellence of Italy will be in residence at Revolving 7 Restaurant 39th floor 333 Orchard Road. Singapore *****7. Tel 737 4411 {SHU W*w W> DgR^WH. Won Hoo Chinese Restaurant's daily specials deal is bock lot Ctetaber wrth two new
      127 words
  • Page 17 Miscellaneous
    • 826 17 TV&RADIO MMjj .I «9 8.00 News 5 Today Followed 4.40 The Great Wall of Chi- DU n By Wheel Of Fortune. na. i"™ Eii Innovations The Pyramid Game. OJO Travel With Simon 4.00 Kidz Blitz. Sesame 7.00 News 5At Seven. Yam (Lastep). n 7JO Muppets Tonight. 5-35 Snow White. P®f"
      826 words
    • 261 17 CRYPTIC CROSSWORD 7 Number said to be going on the upper platform on board 10 Man expressing disagreement ~~88 IB fiK SB BB in eastern church (5) 14 Reveals change for more than LmJ— one (7) m pji jBKBm i||| 15 Secure long talk about disease 20 j I 18
      261 words

  • EXECUTIVE LIFESTYLE
    • 642 18  -  Sumi Jo unleashed her full power at the start and ended at the same peak, amdkewum reports ANDREW LIM WHAT makes a voice perfect is the personality that comes with it. In Sumi Jo's case, the two are happily married, and in her concert
      FILE PHOTO  -  642 words
    • 469 18  -  ARTS Famed cellist's turbulent life is dissected in books and filing By\ Paul Majendie Reuters [FRANKFURT] More than a decade after she was cut down by multiple sclerosis, the turbulent life and times of internationally renowned cellist Jacqueline du Pre still fascinate authors
      Reuters; PILE PHOTO  -  469 words
  • Page 18 Advertisements
    • 170 18 r NTT. Secure communications. 24 hours a day. 365 days a year. i I VC When do global resources mean superior services? When NTT's your provider. Under the brand name of Arcstar. we provide unrivaled telecommunications m B services. We'll install your network, tailor the operation to your needs, and
      170 words

  • COMPANIES & MARKETS
    • 443 19 Other companies in financial trouble expected to seek government help Reuters [KUALA LUMPUR] Malaysian conglomerate Renong's US$3 billion (554.9 billion) debt restructuring plan, criticised as a government bailout, could be a precursor to other rescue moves in the re-cession-hit economy, analysts
      Reuters; REUTERS  -  443 words
    • 771 19  -  HAMO SEMO INSIGHT US$-yen rate and interest rate situation matter more to BE By Quak Hiang Whai Known for his no-holds-barred comments on anything remotely linked to China, TV talkshow firebrand Raymond Wong just about summed up the attitude of his
      771 words
    • REGIONAL/INTERNTIONAL COMPANIES
      • 502 20 But Renong still awaiting Technology Resources' offer for unit: Waiim Saad [KUALA LUMPUR] While Renong Bhd chief Halim Saad is still waiting for an offer by Technology Resources Industries Bhd (TRI) for Renong unit Time Telecommunications Sdn Bhd, two foreign
        502 words
      • 326 20 Deal to revive the RM39Om project signed on Sept 23 Reuters Bridge News [KUALA LUMPUR] Malaysian Resources Corporation Bhd said the government had approved a 336 million Malaysian ringgit (*****.5 million) support loan to revive a stalled central railway station
        Reuters; Bridge News  -  326 words
      • 440 20 Bloomberg [FRANKFURT] DaimlerBenz, Germany's largest company, has rejected a takeover bid for its telecommunications service provider Debitel from the much smaller MobilCom, saying it's not for sale. MobilCom, a German telecoms service provider, offered 2 billion marks (Ss2 billion) to buy
        Bloomberg  -  440 words
      • 55 20 [TOKYO] Japanese toymaker Bandai Co is launching a new portable computer game machine WonderSuxm, smaller than Nintendo's Game Boy machine and equipped with 16-bit central processing unit (CPU) for high definition, Bandai said at its announcement in Tokyo last week. The new game toy is to be
        REUTERS  -  55 words
      • 332 20 Reuters Bloomberg [NEW YORK] Industrial manufacturer Allied Signal Inc pressed forward on Friday with its US$lO billion (Ssl6 billion) takeover bid for AMP Inc, maker of electrical connectors even though a judge late Thursday ruled against key parts of the hostile
        Reuters; Bloomberg  -  332 words
      • 284 20 Bloomberg [JAKARTA] PT Hanjaya Mandala Sampoerna, an Indonesian maker of clove cigarettes, said third-quarter sales rose 76 per cent as it raised prices to offset a 62 per cent decline of the rupiah in the past year. Sales rose to 1.11
        Bloomberg  -  284 words
    • INTERNATIONAL COMPANIES
      • 137 21 Bloomberg [SAN JOSE] Top computernetworking company Cisco Systems Inc said last Friday it will focus its partnership with Alcatel SA on the corporate market rather than the telecommunications market. Paris-based Alcatel, the world's fourth-largest maker of telephone equipment, said last month it will
        Bloomberg  -  137 words
      • 577 21 Higher profit seen for Seagate, but not for Western Digital and Qoantam Bloomberg [CHICAGO] Computer disk drive makers such as Seagate Technologies and Western Digital Corp are expected to report mixed quarterly results in coming weeks, as many were hurt by plunging
        Bloomberg  -  577 words
      • 393 21 PC sales strong despite signs of economic slowdown Bloomberg [SANTA CLARA, California] Intel Corp, the world's largest maker of microprocessors for personal computers, could report tomorrow its best profit so far this year because of strong PC sales in the third
        Bloomberg; Source: Bloomberg  -  393 words
      • 334 21 Drag wholesaler to broaden reach in healthcare sector Reuters Bloomberg [DUBLIN, Ohio] Cardinal Health Inc, the No 2 US drug wholesaler, said on Friday it agreed to acquire Allegiance Corp in a stock deal it valued at US$5.4 billion (SsB.B
        Reuters; Bloomberg  -  334 words
      • 146 21 Bloomberg [LONDON] British Aerospace said it sold its Arlington property unit for £285 million (Ss79B million) as Europe's biggest arms maker withdraws from the property business to focus on its core defence operations. BAe said it will take a one-time loss of £18 million on the
        Bloomberg  -  146 words
      • 246 21 Bloomberg [PITTSBURGH] H J Heinz Co recalled 371,800 jars of two varieties of baby food because tests showed they may contain elevated concentrations of lead, the government said. The Pittsburgh-based company voluntarily recalled four-ounce jars of Heinz Vegetable Chicken Dinner with the production
        Bloomberg  -  246 words
    • FINANCE & COMMODITIES
      • 540 22 HEDGE FUNDS DEBACLE Swiss bank aware of fund's risk bat viewed relationship as important Reuters [LONDON] Switzerland's ÜBS knew Long-Term Capital Management (LTCM) was hugely leveraged but apparently ignored its own policy guidelines to deal with the US hedge fund, an internal
        Reuters  -  540 words
      • 209 22 Reuters [LONDON] Hedge funds will be scrutinised more closely both by banks which lend them money and authorities keen to be better informed about the level of their activities, Bank of England deputy governor Mervyn King said last Friday. "I am quite convinced
        Reuters  -  209 words
      • 408 22 Move prompted by Bering's stand on Gitic closure AFP [BEIJING] US ratings agency Moody's Investors Services has placed five Chinese international trust and investment corporations (Itics) on review for a possible downgrade in their credit ratings. Moody's said in a statement received here
        AFP  -  408 words
      • 356 22 Bloomberg [WASHINGTON] The US Commodity Futures Trading Commission could act "rather swiftly" on new rules for over-the-counter derivatives after a proposed six-month moratorium on new regulations ends next March 30, CFTC chairman Brooksley Born said last Friday. "Additional transparency
        Bloomberg  -  356 words
      • 352 22 AFP [BOMBAY] India's largest mutual fund is coming under intense scrutiny and pressure to provide greater transparency after redemption concerns triggered a stock market plunge last week. Rumours of a run on stateowned Unit Trust of India's (UTI) flagship scheme, US-64, sent shock waves
        AFP  -  352 words
      • 418 22 Agnelli family wants BCI tie-up with San Paolo-IMI Reuters [MILAN] Italian banking consolidation took a big step forward at the weekend as Banca Commerciale Italians (BCI) and Banca di Roma merger plans gathered pace, but opponents were already studying their next move. The
        Reuters  -  418 words
      • Article, Illustration
        1690 22 PRIME LEMPDfO KATESTZT^To urn AH AfntawHW ftT ABSABanklMteO 8V4 Agricultural bank Of CMna 7* ANZ Banking Group 7V. AWo<J Irtsti Bank PIC 7W American Express Bart Bw t Arab Banking Corp 8v> Arab Bank PIC 7 V, AsaM Bank Ltd 8vi Ban Hkn Loc Bank BM B BiflCJ COMMTCMt Hattana
        1,690 words
    • COMMODITIES & FUTURES
      • 559 24 i*nmrift Weekjyßoundup (SINGAPORE] After experiencing unprecedented swings last week, the forex markets will try to And new consolidate ranges for US$ majors. The most dramatic move last week was seen in US$yen, which started a free fall of 11-figures on Wednesday and fell another
        Source: Simex  -  559 words
      • 836 24 COMMODITY Weeklyßoundup AFP [LONDON] The slide in the value of the US dollar wreaked havoc on commodity markets last week, to the benefit of coffee and grain prices, while most metals lost ground as investors saw the fall as
        AFP; Source: Bloomberg  -  836 words
    • 1728 24 SICOM FUTURES Oct 9 R98KR (Mm CM* «t 5J0pa) RSS1 C0ffTRACT(S centa/kfl) Clow Votwi Open Mwtt Low Sett (tenes) Interest Nov 98 ***** 1525 Dec 98 ***** 1600 Jm99 123.00 625 Fe699 125.00 >> 650 K*99 ***** 850 *r/J«899 129.75 2100 J*/5ep99 133.75 150 0cW*99 ***** RSS 3
      1,728 words
    • 4448 25 Nat aarn IK Llanh Huat Sap 30 I 4.323L 2.324 2L 1.07 Data TY LY TY LY Low Kwng Huat Sap 31 I 1.6851 2.4321 1.4L 21 Company mm ($mj ($m> (cti) lets) Ln Kim Tah Sep 15 I 2.901 1.192 3.62 1.48 Ltm Kah Ngam
      4,448 words
    • MARKET REVIEWS
      • 299 26 HONGKONG AFP HONGKONG stocks are expected to trade higher this week on hopes of an interest rate cut and a stronger yen after surging 7.9 per cent in the week to Friday, dealers said. "Sentiment is going to change (for the better),"
        AFP  -  299 words
      • 865 26 HJSydney -4LO THE weighty issue of the global economic outlook will provide the focus for a volatile Australian sharemarket in the week ahead, brokers said on Friday. "Volatility will remain the theme in the week ahead," said Commonwealth Bank economist David Thurtell. "There is little domestic data,
        865 words
      • 445 26 NEW YORK Speculation of new rate cut and weaker US$ boost financial, technology stocks AFP WALL Street closed higher on Friday after v a volatile week of trading with share prices buoyed by higher financial and technology stocks but investors remained cautious ahead
        AFP  -  445 words
      • 1780 26 Q Paris *63.76 THE French CAC-40 Index closed another wild week with a big gain on Friday, boosted by short-covering ahead of the weekend, traders said. The CAC Index closed up 132.93 points, or 4.49 per cent, at 3,092.90. The index was up 53.76 points for the
        1,780 words
      • 351 26 LONDON AFP THE London Stock Exchange closed higher at the end of a particularly stormy week, studded with sharp losses and soaring gains, despite market disappointment at a modest cut in British interest rates. The FTSE-100 Index of leading shares rose by 1.54 per
        AFP  -  351 words
      • 393 26 TOKYO -AFP TOKYO stocks are expected to be jumpy in the coming week, with analysts seeing little chance of a rebound as the yen surges against the dollar and threatens major Japanese exporters. The yen's jump against the dollar raised concern that
        -AFP  -  393 words
    • KUALA LUMPUR STOCK MARKET
      • 7301 27 INOUSTMAU Cmmmt pnMi Lift yd uji C mm Hlgb Lam C.1M, Sale *h WOO MM> L— P/I w «0 170 Ajinemoto 212 2 4 212 203 n.7 0X9 A 52 -3 150 SS 49 5 7*7 i22 £2 n F 14 39 200 1M 6.9 792 252 55 S7tt£i£" zS
        7,301 words
      • 366 27 AFP Fl Composite Index +116 TRADE on the Malaysian stock market is expected to remain cautious this week following a 2.8 per cent rise in share prices last week, analysts said on Friday. The Kuala Lumpur Stock Exchange's 100-share weighted Composite Index rose 9.16 points
        AFP  -  366 words
    • WARRANTS & OPTIONS
      • 2671 28 BONDS, LOANS WARRANTS wt MioK 1 8 L Vol Last Ouot. Avg Nl,h Lew S,no Company Salt »or- COOO> High Low Buyer S«H.r Prlct 20 5 3 3160 A Acar ******1USS 4 208 4 3 3.5 4 'S 4.5 3164 Acma W*****4 6 596 6 4 5 5 5 6
        2,671 words
      • 177 28  -  WARRANT WATCH By] R Sivanithy THE effective closure of the Malaysian market to foreign players has led to some rather odd things happening within the warrant sector. In some cases, premiums have ballooned extravagantly, probably because of the lack of outside participation and a perception
        177 words
      • 212 28 HONGKONG STOCKS Gf Gf 199* Last Vol KM Last Qwtl Rv Mi W Mt HC« Htg" Low Stno Company (OOP) High Low Bxyof So«or C'VT Pft S<w« 400 250 5123 CDL (2000) MK 400 150 &0 2.4 2.0 20.5 7744.7 5124 CamayPac20cHK_720 265.0 2.1 7.4 6.0 *****.4 5125
        212 words
    • 6402 29 Week ended Oct 9 I 1< *98 Ult Vol W«ok Last Quote Olv Olv YW N«t Cm Awa StNo Company Solo COOO) High Low Uyor Sollor Cvr 5/2 $J5 Prte! MULTI-INDUSTRY 142 49.5 m t tOOO AcmaSOc 55x0 -I 570 56 52 54.5 55
      6,402 words
    • 1207 29 U» WW Ci—iky i£ fOOO) ajjm* °umlt P/t iSf Prtea MANUFACTURMO 243 30 2049 'AS Auto 10c 65.5 unch 6787 67 61 65 65.5 1S.0N 7.0 2.3 6-2 74 8 65 82 47 2051 ASJ Mdgs 20c 48 *1 1 48 48 48 50 23 103 10 93 435
      1,207 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        556 30 Source: JM Sassoon Stacks Volume Van iter Horst 66,366,000 PSL Hldgs 10c 57,015,000 Keppel Land50c 56,762,000 SemtoCorpInd 25 43,740,000 ST Engg Kk 42,650.000 DBS Land 35,070,000 TAC BttO 200 29,239,000 00 B Foreign 28.314,000 Keppel Corp 26,304,000 SingTel 15c 25,362,000 Stacks SIA Foreign 89,583,138 06S Foreign 86,206,294 SPH 81,578,884 SingTel
        Source: JM Sassoon  -  556 words
      • 663 30  -  THE WEEK AHEAD Stocks could rise over next 2 days bat much depends on whether rumoured DBS rate cnt takes place By R Sivanithy [SINGAPORE] Speak to any broker at the end of trading two Fridays ago about where stocks
        663 words
      • Article, Illustration
        63 30  -  UIU 1 -try Shiv Taneja NATSTEEL Ltd closed unchanged on Friday at $1.28 on a volume of 7.2 million shares, compared with its 10-day traded average of 2.4 million shares. The counter is trading in neutral territory, but the medium term outlook is positive. This is supported by the
        63 words
  • Page 19 Advertisements

  • Page 20 Advertisements
    • 143 20 > Higher Quality and Efficiency with the Software System LAGOS for the Warehouse and Material Flow Optimization Logistics management centre with logistics controlling Dynamic storage location management Fully automated high bay warehouse control Order orientated material flow control Fork lift control system with radio frequency Picking, packing and shipping control
      143 words
    • 16 20 HOCK LOCK SIEW Takes you behind the news t TheßusinessTimes i i r I I 0
      16 words

  • Page 21 Advertisements
    • 270 21 ut emte 9999 Hm FIF%-i r% *1% f w j^is Aj- illf* 11 Hi j| j 11} I BpW« pII ago WIIUII IcvOiuoj trail wJtiu|iiflmffllßfiVß' HHgg |S^^H are very valuable commodities, company Jfflßßdocuments require highly secure housing, *****2 From secure, state-of-the-art records management to burglar That's why CISCO provides a
      270 words
    • 7 21 Intel to unveil new chips, Pg 16
      7 words


  • Page 23 Advertisements
    • 296 23 DAIKIN "'Sfc\...''^"' > N v^;: v^-"' V '■•v Bh^^l-<-Daikin 1 and you ujon't haue to pay the price. Euen today, Daikin's reuolutionary "no mater" DM) central air-con system saues ouer $130,000 a year in a 25-storey office building. Imagine your sauings in the future! The building in question is John
      296 words


  • Page 25 Advertisements
    • 87 25 Asian governments may for a rescue package, but not coming. World Hit finance ministers gathered in Washington have plenty of ideas for improving the global V Aim V I 1 M I financial system, but little new aid for Asia. What can the world do? Does debt f a\T| I
      87 words





  • Page 30 Advertisements
    • 555 30 BUSINESS Ao I ices TO ADVERTISE CALL TOLL-FREE 1800-741 1883 UNITED OVERSEAS BANK LIMITED (Incorporated In Singapore) LOST SHARE CERTIFICATES The undermentioned certificates have been reported lost, destroyed or mislaid Name Certificate No. No. of Shares Goh Soon Neo, Jenny *****54-2 1 x 642 deceased Leong Siew Wing *****98-6 1
      555 words
    • 236 30 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 ANO IN THE MATTER OF COTIA SINGAPURA (PTE) LTD (In Members' Voluntary Liquidation) NOTICE OF FMAL MEETMG NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Compeniee Act, Cap. 50. the Final Meeting of tie members of tie abovenamed
      236 words
    • 824 30 SmnFom runes IP ATO M LT@ NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Ninth Annual General Meeting of the shareholders of the Company will be held on Wednesday, 28 October 1998 at 4 p.m. at 21 Lok Yang Way Singapore *****7 to transact the following businesses:AGENOA
      824 words
    • 213 30 IN THE MATTER Of THE COMPANIES ACT, CAP SO AND IN THE MATTER Of NAV-COMM CORPN PTE LTD (In Memben' Voluntary Windng-Up) NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap SO, thai a Final Meeting of the Memben of die Company will be held at
      213 words
    • 1005 30 i Make The Straits Times io&§3o Classified your first pit stop when shopping for your car or motorbike. -ttr. m THE MATTER or THE COMPANIES ACT, CAP. 58 IN THE MATTER OF THE S.W.E. ENGINEERING COMPANIES ACT, CHAPTER 50 A TRADING PTE LTD (IN U EMBERS' VOLUNTARY LIQUIDATION) REPSEA TRADING
      1,005 words
    • 376 30 In the Matter of the Companies Act Cap. SO And In the Matter erf Open Sesame Computer Systems Asia Padfk Pte Ltd (In Creditors'\Muntary Liquidation) NOTICE OF MSTWG OF CREOfTORS Notice ii hereby given, puruant to Section 296 of the Act, Cap. So,that the Creditors' Meeting of the abovenamed Company
      376 words

  • SHIPPING TIMES
    • 267 31 Contributed by Simpson Spence Young WHAT promises at one stage to be a very active week for market sales petered out with only a few major transactions coming to light. There was much expectation of possible sales in the Panamax bulker section, however the final outcome was disappointing.
      Contributed by Simpson Spence & Young  -  267 words
    • 283 31 su ,.vnt Octl SI CWT Distribution 0-295 *0.03 399 ChuanHup 0.37 *0.02 280 Cmco Investment 0.39 unch 35 Freight Linka 0.15 unch 1285 GB Holdings 0.215 *0.005 12 Hal Sun Hup 0.31 *0.015 367 Hitachi Zosen 0.52 *0.01 130 IMC Holdings HK 5.60 Jpye Holdings 0.44 *0.015 18
      283 words
    • 525 31  -  But conference lines on transpacific route will still not be able to cover costs of trade imbalance By- Marcus Hand [SINGAPORE] The next round of freight rate increases eastbound on the trans-Pacific trade from Asia to the US are likely to be
      525 words
    • 661 31  -  DOCKYARD By David Hughes NOT so long ago the name Cammell Laird was synonymous with all the problems that had befallen the UK shipbuilding and repair industry. It was a closed-down naval yard with apparently no realistic prospect of being revived.
      661 words
    • 304 31  -  Shippers want more transparency, says conference liner chairman By\ Marcus Hand [SINGAPORE] Terminal handling charges (THCs) were originally separated from freight rates at the request of shippers to provide greater transparency, according to the Transpacific Stabilisation Agreement (TSA). "THCs were originally broken out
      304 words
    • 270 31 Reuters [LONDON] Container shipping companies operating between Asia and Europe said they will attempt to raise rates from the Far East up to four times in 1999. Rates would rise by a minimum US$2OO (Ss32B) per 20foot container and
      Reuters  -  270 words
    • 138 31 [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) will be organising a port and maritime research and development seminar this week aimed at keeping the shipping community abreast of the latest technological advancements in monitoring and policing the maritime environment. The half-day session
      138 words
    • 732 32  -  Marcus Hand looks at the woes of the national shipping line Marcus Hand It's like 'small fish eat big fish'," was a comment made by the director of an Asian shipping line when Neptune Orient Lines (NOL) first announced it was buying
      732 words
    • 360 32 PACE Eng Lee 12 AA M'time 12 ESP Lines 14 ANL 3 '2 Accord 8 Evergreen 6 Ahrenkiel 12 Express TL 12 Appenslwp 5 EoowjSun 8 Astro J Frota Austral 8 Fr, Ltnks M Avant 14 G Unk 4 B'tang Mas 8 <*martrans dsa 7 Genshgp 12
      360 words
    • 17588 39 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Oest'n Name Name Number Number 24/10 M/11 PIL LIBRA AUSTRALIA 403 65 *****93 To ABIDJAN (ABJ) 2003 Cote D'lvolre wmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 22/10 K/12 ZIM/Seth ZIM DALIAN IW
      17,588 words
    • SHIPS IN PORT
      • 657 45 Vessel Voy No B«rth Arrival Departure Juroag Pert Bt Lester 0ct13 J01 alongside 12.10/0700 Bt Me* Octll J01 alongside 12.10/0700 Bunga MeioM 1180 J10 alongside 18.10/0700 Evensegrace 21 J06 alongside 12.10/0600 Hawk Arrow 091 J15 alongside 11.10/2359 Hms Premium *****P J13 alongside 11.10/0700 Hms 1 ***** J13 alongside
        657 words
      • 1835 45 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booking/Balance Rstls SMp Voy No Etb/Btr Period From To From »ci Clow 90S m/2399 U n/HOO IV1*59 n/1900 n/isoo 11/1*59 n/1900 2* n/TTOO 12/0*59 12/0900 21 IVITOO 12/0659 12/0900 1 12/0700 I2/T159 12/MOO 4 12/1200 I2/M59 12/1700 AciMncin OTTA 13/0700
        1,835 words
      • 183 45 Oct 12 Canada: Thanksgiving Day. Mexico: Columbus Day (optional). Spain:Natinal Day. United States: Columbus Day. Oct 19 Malaysia: Deepavali. Singapore: Deepavali. Oct 23 Thailand: Chulalongkorn Day. Oct 26 Austria: National Day. Ireland Republic Of: October Holiday. New Zealand: Labour Day. Oct 28 Greece: Oxi Day. Oct 31 Finland:
        183 words
      • 984 45 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranaes in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average stted stem Market movements are Indicated The Cockett Bunker Price Index change and the
        984 words
      • 529 45 Carton 100 Mai 992.0 2.8 17.7 0.16 342 0.07 Ort Dewsttr Water Besidue Art Aluminium Sediment No above E25 1 4 10 3 3 0 380 Ave 987.6 0.3 16.0 0.07 27 0.03 ti««t 380 Mai 996.0 0.9 19.8 0.12 154 0.11 «*>" %«/N mi No
        529 words
    • AIR & LAND TRANSPORT MEWS
      • 560 46 Machines used to detect bombs, costing USsl22m, are left idle most of the time NYT [WASHINGTON] The Federal Aviation Administration (FAA) has spent more than US$l22 million (*****.1 million) on machines to detect bombs in checked baggage, but those machines that have
        NYT; FILE PHOTO  -  560 words
      • 435 46 Bridge News [TOKYO] Following the first change in Japanese minicar standards i&eight years, Daihatsu Motor fco, the country's second-largest minicar maker, launched last Tuesday one new and two completely remodelled vehicles based on the new regulations. The following day, industry
        Bridge News; REUTERS  -  435 words
      • 242 46 Bloomberg [BRUSSELS] The International Transport Workers Federation (ITF), which represents 480 transport unions in 130 countries, has asked its members not to cooperate in forcible deportations, the union said in a press release. The call comes after the death of a 20-year old
        Bloomberg  -  242 words
      • 438 46 Reuters [BRUSSELS] The European Commission said it had reached a deal with Italy over the distribution of air traffic in Milan, allowing four out of 10 passengers to continue using the city's close-by Linate airport rather than the
        Reuters  -  438 words
      • 227 46 Bloomberg [SEATTLE] Boeing Co, the world's largest aircraft manufacturer, said it won a 10year, US$l.2 billion (SSI.9 billion) contract to upgrade systems in a US Air Force fleet of 87 transport planes made by rival Lockheed Martin Corp. The work on the
        Bloomberg; FILE PHOTO  -  227 words
      • 1861 46 cm FU6HT IT* fUCHT ETP LH786 1625 S026 2355 MaiaMe A*8230 WO BA7382 2055 WW* **5 IH787 2359 $0230 WO Of82 2055 *Mto 1625 ****** 2359 8A7381 1930 LM4374 1705 $***** 2359 W MO ">325 1705 Amsterdam CA975 1105 IU844 0040 1,05 1 KL837 1455 6A974
        1,861 words
  • Page 31 Advertisements
    • 19 31 No quick turnaround for debt-laden NOL Marcus Hand looks at the woes of the national shipping line. Page 2
      19 words
    • 146 31 US airport machines to check bags hardly used Machines used to detect bombs are left idle most of the time. Back Page BORDERLESS Ai: T 's» ■Jfe* >. ,r r i .<•"' Wften the leaders of nations and celebrities traveled to the East NYK provided the services to help make
      146 words

  • Page 32 Advertisements
    • 993 32 I NORTH AMERICA EXPORT 1 I OTHER DESTINATIONS SSX SUPER SHUTTLE EXPRESS DIRECT TO LA ~1 WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) rasa vot eta si etdsm ua DAt hou ok nt mxkoott vissb vor PT.ourriAt majutu ptcauxia [wKmvßtruM sanioobcq ™V 7 OOaWMGHONC 2*542 14/10 14/10 10/10 03/11 03/11
      993 words
    • 88 32 A 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 Earn ft Ail China Port* jMK tmur a sun jMgu VtSStL VOY tTDSIN ETATYO ETA KOB ETA YOK ETA NGO ETAOSA~I MOL DIAMOND V.***** MOO
      88 words
    • 651 32 Ljnes services represented I s KM I) MefTlDerS 01 Hg jr.i Singapore Freight Forwaders Accredited Shippvig Agents Association Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAK BULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "ARKTIS TBN" ETA SIN 20/10/98 BOOKINGS CALL JUUA/MONICA TEL 323 4374 CONTAINERS/CONVENTIONAL CARGO FROM
      651 words

  • Page 33 Advertisements
    • 1092 33 TO EUROPE FROM EUROPE Ivcsa vot sin rtm ahr ham wv sou rat leh [vessel vot rtm im ham orv sou fxt leh siw I HYOUW 314W 12/10 29/10 31/10 03/11 20/10 mosa 57* 20/0* 22/09 25/09 26/09 13/10 MYCOMMOOOM 31SW 15/10 07/11 04/11 05/11 01/11 THAMfS 5501 it/09 23/09
      1,092 words
    • 2071 33 (g) H ANJIN SHIPPING HAIUIN SHIPPING (S) PTE LTD Imp //m» ka*LMi KKXINC 37M*****7 SALES *****24 231 OOCUMiNT J***** 1274 OKUTIONS *****41 252 MAIN UME *****55 FAX *****60 (I*o **********0N TO NW USA CANADA USA CANADA' for vsl/voy IAM |sw unehaul/voy sea iiw den poi oi MSP fff on wi
      2,071 words
    • 325 33 Accepting Breakbulk Cargo Vessel ETA Sin Discharge Ports Windfall 25 October Aden, Port Sudan, Alexandria Enquiries for other Red Sea and Meditterranean ports are welcome. Twin Awn. M: J7IJJM tar** itt M JAf AN POOTS J7IJ7IJ/*****U HIROSHIMA(NUL UMZWUIMZI lUIZIIIU(MAI), NNGAttIBJI SAUIMMAIO rit M. WIWIVWIWH Nrt U_, (U) OJ-7S47S* (f«) 01-7J45J47
      325 words

  • Page 34 Advertisements
    • 1440 34 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN^CANAPA VtSKL VOY MM IfH HTM AMR HAM OWV FU VESSEL VOV SIM GIT SPE FOS W.C MTW TRAOt ETERNITY W0(44 0010 3111 Sl id 21 10 MlO 0111 JAPAN SENATOR WHOM 00 10 »10 77 10 20 10 11 10 07 11 CHOVANG
      1,440 words
    • 1031 34 Am MAC-HELS S'PfIRE M'SIA U._/v J Carrier: MN CONTR LINES, INC P. QUOANG: (07) *****28 I ]Vy \-*J my. **********0 C S4©U: (064) *****9 MAMLA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELAWG. (03) *****77 JKT (21) *****07 MON: (61) *****3 KUCHMG (062) *****1-3 KEELUNG/KAOHSIUNG
      1,031 words
    • 614 34 LINE By A nb wuti MMIII 1 I LABUAN I vnsa voy rro eia vtssa voy rro n* VOMMUAM SPOtf IM straits hop* v?mm su> 12/10 stiaitshok vw/w su> 14/10 CAtAKA M-12 V1«/W 11/10 10/10 CAIAIAMMJ Vl4t/W 13/10 17/10 snumHon V2K/W n/io n/io srum Hon vm/n 20/10 24/10 CMMAJNK-32V1X/W 23/10
      614 words

  • Page 35 Advertisements
    • 1568 35 t JJ ■iV ifj IFu|l■|j II 1 afl lif.ll I O I I 11] l] I I 1 I Vj Wa' kill iiib*] 1 WIJ Jll Til iMOB 11 ddli[ Cm BI l I [vessel voy sin pgu pko pew pqb dub shj ba bik 1 IRAN GHEYAMAT PJL 1307
      1,568 words
    • 2016 35 TO ISRAEL 1 IN 13 DAYS EVERY THURSDAY J I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/l) *****02 JOHORE OfFKE; COSTAR SNIPPING PTE LTD ti7-08 DBS BIDG SALES/IKGS *****57/60 INWARD DCPT (D/O) *****8S COSTAR AGENCIES (M) SDN BHD CR NO: **********0 M TOWER TWO
      2,016 words
    • 667 35 \ir~g—i EASTERN CAR LINER, LTD. ,T T:^iT 2 J_§_] ECL (SINGAPORE) PTE LTD 5 I SPECIALIZE IN ROUP HEAVY LIFT UPTQ 4SO TONS| ECL (SINGAPORE) PTE LTD LOADING FOR COLOMBO/CHITTAGONG/YANGON I YANGON/HALOIA/CALCUTTA MV "OCEAN BLUE" V.62 MV "OCEAN LEO" V.13 ETA SN 09/10/98 ETA CIB 15/10/98 ETA SIN 11/10/98 ETA
      667 words

  • Page 36 Advertisements
    • 1515 36 EUBOPEAJK/SCANDINAVI A/FINLAND/RUSSIA SGP RDM ANW HBG THP ZEE LHV LHV THP ROM ANW HBC PKI SGP E. DEVELOP RW-003 17/10 88/11 11/11 07/11 09/11 10/11 11/11 E REACH RE-020 17/08 19/09 10AM 21/08 22/88 15/10 15/18 E DECENT RW WM 25/10 13/11 18/11 14/11 15/11 17/11 18/11 E ROYAL RE-039
      1,515 words
    • 885 36 I PACIFIC INTERNATIONAL UNES (PTE) LTD 1 igjgjgig 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CRNq **********06 y?! JL L m I*l™ "ft »V «i aw Ftt Pnlswi KourawitA rwtois n/io u/n I it/io 74/10 n/io 2/11 »/n yii I HM W3 is/i 6 I i;7n I h/i* i/ti
      885 words
    • 605 36 nantailine] FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL 1 VOY I SIN I PUI I DW I JM« I OT I KB~ WAWTAIPKWCBS Y.024S 17/10 31/10 03/11 04/11 imraiQugM V.Q3QS if/io a/io 01/11 m/ 11 05/11 mm muwm vow 77/10 os/11 w/11 12/11 13/11 HAMTAI WtIWCE VO2SS 03/11 14/11
      605 words

  • Page 37 Advertisements
    • 447 37 BSA x JIJ fcW-lcU 5 MM MYANMA pBBk FIVE STAR LINE (Myonmar National Line) Loading for Yangon (Rongoon) VISSCL VOT SIN PKI PIN PGU MAWLAMYINt SOW SU> PWYA 157 SU> MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL: m (03)*****00 PKI: TU (03)*****01 PfN: TEL (04)*****02 PGU: m (07) *****21/4 BANK LINE
      447 words
    • 1612 37 HAfAT-' HYUNDAI MERCHANT MARINE CO., LTD. IVESSEL VOY SIN SOU IIH RTM ANT HAM 88V Ftt IVESSB VOY I SOU I LB< I KTW I AKT I HAOA IHV I FELli^l HYMJKI 314W 12/10 28/10 W/10 31/10 03/11 MOSB 5221 24/09 25/09 20/09 22/08 13/10 HY COMMOOORE 315W 15/10 02/11
      1,612 words
    • 999 37 norwegon speookzed oukxorrien \L_u_ TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" [VESSEL VOY RAMP HEIGHT SIN LAX CRL MIA SAV lAL ORF NYC NEW MOI TEXAS F620 400 Tom 6.3 M 1W 09/11 18/11 21/ll 23/11 «7TF U7U~~277"~ 02/12 05/12 TOBA F621 400 Tons 6.3 M 29/10 25/11 04/12
      999 words

  • Page 38 Advertisements
    • 938 38 BANGKOK/MAP TA PHUT/LAEM CHABANG JAKARTA/PAN JANG VESSEL VOY SIN BKK MTP LCH VESSEL VOY SUN JKT PJN XETHA BHUM 254N 13/10 17/10 16/10 ACX JADE* 31S In Pt 15/10 CHANA BHUM" 39N 13/10 18/10 VIRA BHUM 232S ~ln Pt ~16/10 15/10 KOTA RATNA RNAOSS 14/10 17/10 ANRO GOWA' 054 13/10
      938 words
    • 559 38 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE ~VSi VOY I A DAM/n OAM N BURG IREMEN ANTWERI VESSEL 20/1? 25H2 OMIT OvST TO AUSTRALIA ~1 FULL CONTAINER SERVICE VS. VOY fRI Kg SYD Mtl H6A API FW KASUGAI 13S 15.10 1710 2&10 3UIO 18/11 0&11 P*o NEOU.OYO BRISMMI T»
      559 words
    • 1013 38 I VESSELS VOY _S»N JED MLA LEH HAM THP RTIS 7Ff VILLEDE TANYA T2OW 12/10 21/10 oiTTi 04/ ii 04/ ii RP VULEDE TAURUS A2BW 19/10 28/10 S/V1 Mm vw-LE D'aquarius u2bw 28/10 04/11 08/11 ~lsm ism iim nm iflrn~ VILLE OE ANTARES L2BW 11/11 16/11 22/11 25/11 28/11 (AABHUS
      1,013 words

  • Page 39 Advertisements
    • 50 39 wm STERjfc Dial 740-6000 on aemana —-mm (Retrieve more schedules!) ST& Press "1" J Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number your phone number Another innovative service offered by The document will be Shipping Times VzD'zHS&l
      50 words


  • Page 41 Advertisements
    • 146 41 N hhh FREE Reader Enquiry Service cut out and Fax to: 65-*****29 n Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a
      146 words

  • Page 42 Advertisements
    • 1160 42 —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 LIHE: *****41/43 JESSICA/CELIA/MEI CHAM j222Ii3KSi3EEH 7 slgs/week 2 slg/week |VESSEL VOY SIN [~JAK [VESSEL [VOY SM |PLB CONTI BARCELONA 9859 13/10 (TUE) 15/10
      1,160 words
    • 687 42 CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI ACCEPTING BOTH SOC AND COC CONTAINER I VESSEL VOYAGE ETA SINGAPORE ETA (OiOMJO EU KARACHI SHAIAMA* OOIHW IVIfl/W 20/10/91 2S/10/W SWT 001HW 22/10/99 77/10/99 01/11/9! SMALAMAI 002HW 05/11/91 10/11/99 15/11/91 SWAT 002HW 12/11/91 17/11/19 27/11/99 SHALAMAI 003HW 24/11/99 01/17/* 04/12/99 I
      687 words
    • 449 42 SIN FAR EAST 18/10 KEELUNG/KAOHSIUNG 18/10 BANGKOK 18/10 MANILA/CEBU 18/10 JAKARTA/BELAWAN/SURABAYA 18/10 PORT KELANG/PENANG/E. MALAYSIA 14/10 BUSAN 18/10 TOKYO/YOKO/KOBE/NGO/OSA 18/10 HONG KONG SM CUM S#±»«n) 18/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK j 19/10 LDN/FLX/LVP/SOU ROM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN €LOCK COUNTRIES SIN USA/CANADA 19/10 LOS ANGELES/NEW YORK all
      449 words
    • 569 42 CCC+ Singapore Soviet Shipping CPL a He *****MOOOOM Multiline Shipping PL a Ho **********0 C VESSEL VOY SIN BOM PNG PKL KOTARATU RTUO23 17/10 25/10 05/11 08/11 BUXMOON 119N 25/10 02/11 13/11 14/11 KOTARUKUN RKNOI7 31/10 08/11 19/11 20/11 [VESSEL VOY SIN CALCUTTA SIN M REGINARGAO69 IT3-14/101 19/10 29/10 SiNAR
      569 words

  • Page 43 Advertisements
    • 958 43 MIC TRANSPORT |j STR f^.? 4UT LJ s^^ Ilvcsa Ivor raswtt hoc lsw« I vcsa vot In* snxt foo huakuh [vtssa vot msww poutciamg AMNOtf Oil 13/10 (TUO 16/10 10/10 NOMA 9143 18/10 (SUN) 19/10 20/10 XFWSSJAYA ***** 12/10 (MON) 15/10 OPTIMA 9M3 10/10 (RQ 19/10 12/10 PUMA 9(44 25/10
      958 words
    • 1768 43 Vlssa/VOYM% $EQBI M DB HAH Utt VtSSfl./VOYAGE SOU RTM HAM LfH STORE ROM NAGOYA SHMN7II TOKYO NYK SRRIUS MWA4I IS.IO 31.10 02.11 0111 07.11 Yf t "fie w —"W" viwwxu lIMTV MYK ANTARES 07WA42 2110 07.11 09.11 10.11 14.11 MYK ANDROMEDA OSEA3I 20.09 22.09 2109 2/.09 1110 10.10 20.10 2110
      1,768 words

  • Page 44 Advertisements
    • 968 44 I VESSEL VOY SIN MMSIN| TIGER BRIDGE 653N 14-15/10 20-24/10 29-30/10 I TIGER BAY 654N 18-19/10 23-28/10 02-03/11 f TIGER PEARL 656N 22-23/10 27-02/11 06-07/11 I TIGER ISLAND 655N 26-27/10 31-06/11 10-11/11 I TIGER BRIDGE 657N 29-30/10 04-09/11 14-15/11 TIGER BAY 658N 02-03/11. 07-11/11 16-17/11 IVESS€^^^^VO^^SlS^^CA^^SlJ^| TIGER SPRING 341CN8 16-17/10
      968 words
    • 815 44 O FREIGHT LINKS EXPRESS Tol: *****66 (60 Lines) Fax: *****33 E-mail: flasinQsingnet.com.sg REGULAR LCL FCL SERVICES ALEXANDRIA IZMIR SAN ANTONIO BUENOS AIRES LAEM CHABANG SANTOS CEBU MALTA SHANGHAI ISTANBUL GOTHERNBURG XINGANG ***PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKINO Over—q» Offkes Hongkong *****113 flmfiSunaonline.net Port Ketang *****40 lUiiilni.iwt.my Bangkok
      815 words
    • 1303 44 OOCL (Singapore: Pte LtJ^FS^eppe^ist^i^ 79 AmmRM4 #21-04 (S) *****6 Mi Sl3 #01-128 -L. C« MO **********0H T.fc 272 7827 For book mg T«t *****13 Fax 221 3942 Fax: 272 7525 Mauiry /ZS Tjf Orient Overseas Container line (fi) j I (Malaysia) Sdn Bbd (Reg No: *****2-U) (a Ngl PETALING JAYA
      1,303 words

  • Page 45 Miscellaneous
    • 129 45 LEGEND R Thunderstorm Temper atur« o^ V Shower Weother Wind direction with speed m knots ee Rom Cloudy Sky Wove height S«rfoee wind* ore indicated by arrows which Hy with the wind One tu« circle represents calm or kght and variable w„ds J__ One half Heche represents 5 knots J—
      129 words