The Business Times, 28 October 1998

Microfilm: NL21345
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    13 1 MIT A 110/12/97 THE BUSINESS TIMES SINGAPORE THURSDAY, OCTOBER 29, 1998 Internet: http://business-times.asial.com.sg/
    13 words
  • Article
    MARKET SUMMARY
    61 1 sn U8022 (+26.62) BT-SEI 54L82 (+17.79) SOISCI FOTDEES ***** (+3.01) IJNLMLKCTMOOD: STOCK MAXKET INDICES Wednesday Change KLSECOMP 410.49 -5.47 NIKKEI 13,516.97 —-304.61 HANG SENG -Closed SET INDEX 330.45 +1122 JAKARTA COMP _J 1129 -5.81 MANILA COMP +9.73 TAIPEI WIT &962.09 -7454 SEOUL COMP 363.91 +3.48 CLSA CHINA B
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  • Article
    FINANCE
    77 1 FOBEX BATES us$ s$ US$ 1.623 £(l!S$/S$pcrS) 1.675 2.718 DM 1.665 0.980 YEN 117.8 1578* RM 3.800 8.427 HK$ 7.749 0.209 BAHT 36.93 0.044 RL'PIAH 7,575 0021 Sf to 100 units PRIME KATES SINGAPORE* 7.52 KUALA LUMPUR 11.50 JAKARTA .28.00 BANGKOK 14.75 MANILA 22.90 HONG KONG 10.25 TAIPEI 8.80
    77 words
  • Article
    NTUC chief calls for variable monthly wage component
    539 1  -  This will help firms' cashflow in a slump, remove need for CPF cuts in future /fyi Carol Eng [SINGAPORE] Labour chief Lim Boon Heng has floated the idea of introducing a variable component into monthly wages making Singapore's pay system even more
    539 words
  • Article, Illustration
    Lock icon S'pore's Q3 manufacturing output shrinks by 4.5%
    531 1  -  Technical recession but decline's not as bad as forecast ihh Audrey Tan [SINGAPORE] The manufacturing sector slipped into a recession in the third quarter as industrial output shrank 4.5 per cent, figures released yesterday by the Economic Development Board (EDB) show. But the
    Source: EDB  -  531 words
  • Article
    Kingfisher poised to buy Electric City
    652 1  -  UK giant's entry will hot up electrical retail market here By Carol Eng [SINGAPORE] UK retail powerhouse Kingfisher is set to take over Singapore's Electric City chain in a multi-mil-lion dollar deal that will jolt rivals like Courts, SAFE Superstore and Pertama. The UK
    652 words
  • Article
    Correction
    244 1 [SINGAPORE) Apart from the Philippines, exports from four of Asean's largest countries to Tokyo fell sharply in US dollar terms in the early months of this year. But the falls were not as sharp as were reported in BT on Oct 21 under the headline, "Jetro data show trade
    244 words
  • Article, Illustration
    Lock icon Property stocks help boost STI 27 points
    237 1  -  lin R Sivanithy [SINGAPOREI Property stocks extended their gains by another 5 per cent yesterday on talk of interest rate cuts, helping to boost the benchmark Straits Times Index by 26.62 points, or 2.3 per cent, to 1,180.22. Brokers said there is widespread
    Source: Bloomberg  -  237 words
  • Article, Illustration
    Lock icon Enter the cyber brokers
    37 1 [SINGAPORE] Share trading through the Internet is now a reality for Singaporeans. Freddy Lee (seated), chairman of Vickers Hallos, gets a feel of what it's like. Full report, Pg 18 LIN SIN THAI/ST
    LIN SIN THAI/ST  -  37 words
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      140 1 DfSTOE +10.6% Creative shares yesterdaV K «surgec* to despite a 58% drop in Q1 1 *jMr* Full repor|, HPL shares star Hotel Properties Ltd and a slew of other penny stocks, particularly property counters, hit a sixmonth high yesterday as speculation interest shifted to cheap stocks, Pgl7 Credit squeeze The
      140 words
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      30 1 Cycle Carriage gears up for revamp The listed motor group plans to buy into dealers, start motor leasing and outsource pre-delivery Lotus IS back, inspection, Pg 16 I Pg 16
      30 words
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      142 1 S'pore manufacturing pay is tops in Asia, Pg2 Editorial: Working smart, not just hard, Pg 13 Invented for you The Type XX Aeronayale chronograph has a doubly prestigious heritage. It is true to the inventive spirit of Abraham-Louis Breguet, ne Breguet s/HHt contributed greatest watchmaker ever known. It is to
      142 words
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      Page 1 Advertisements Column 4
      8 1 Creative results, Pg 17 Market reports, Pg 21-26
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  • SINGAPORE AT HOME & ABROAD
    • Article
      S'pore can be regional hub for Chinese Net content: Mah
      184 2 SINGAPORE can be China's gateway in the use of Chinese content on the Internet to reach out to South-east Asia, Minister for Communications Mah Bow Tan said yesterday Speaking at the signing ceremony for a memorandum of understanding on enhanced
      184 words
    • Article
      Cutting wages alone not enough: SFCCI
      288 2  -  Overall business costsmnst be reduced, it says By. Audrey Tan CUTTING wage costs alone will not be sufficient to restore Singapore's competitiveness, the Singapore Federation of Chambers of Commerce and Industry (SFCCI) said yesterday. Like what many other business and clan associations did recently,
      288 words
    • Article, Illustration
      Lock icon S'pore '97 manufacturing wages top Asia, ex-Japan
      376 2  -  Republic's workers paid US$6.7O hourly, ahead of Taiwan and Hongkong: report By Anna Teo SINGAPORE'S manufacturing wages continued to outstrip those of the other East Asian economies last year, though costs in Hongkong appear to be catching up. According to the 1998 World
      Source: World Competitiveness yearbook  -  376 words
    • Article, Illustration
      Lock icon Sept visitor arrivals fall 14.5%
      307 2  -  EYE ON THE ECONOMY Tourism By David Boey VISITOR arrivals fell 14.5 per cent last month, bringing to 15.2 per cent the overall decline for the third quarter. The Singapore Tourism Board (STB) yesterday said total visitor arrivals fell 16.6 per cent in the first
      Source: STB  -  307 words
    • Article
      TCS to invest $120 m on new English all-news channel
      337 2  -  By 1 Teh Hooi Ling TELEVISION Corporation of Singapore (TCS) will invest S2O million in the first year, and $100 million over the next five years, in its new English all-news channel, Channel News Asia. TCS expects the channel, to
      337 words
    • Article, Illustration
      Lock icon More sign up for JTC's Suzhou project
      501 2  -  Another 13 firms to take up space in Xinsu factories, pomp in USSIOOm Reports from Loh Hui Yin in Suzhou DESPITE waning foreign investor confidence in Asia, an industrial estate in Suzhou run by Singapore's Jurong Town Corporation has managed to attract another
      SIEW YAW HOONG  -  501 words
    • Article
      Nokia, Epoch won over by SIP's efficiency ready space
      347 2 IT was efficiency, available factory space and hassle-free procedures which prompted Finnish telecommunications giant Nokia to locate its US$lOO million (Ssl63 million) investment at Suzhou Industrial Park, rather than go to a rival estate in the area. For Epoch Electronics of
      347 words
    • Article, Illustration
      Utac to invest up to US$400m in S'pore plant
      450 3  -  Production at semiconductor company set to begin by year-end By Marissa Chew UNITED Test and Assembly Centre (Utac), a new independent semiconductor company, will invest up to US$4OO million (***** million) in the next five years in its test and assembly
      450 words
    • Article
      40 units in Ubi industrial park sold in 4 days
      396 3  -  Price warranty and $500,000 lucky draw attract buyers By: David Boey THE developers of Paya Übi Industrial Park (PUIP) have shown up nay-sayers who predicted that the industrial park's sales launch last Sunday would suffer from weak sales, by selling
      396 words
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      153 2 Buy It Sell It Find It Classified. Pt I CATS. 1800-737-1166 Call Today For Results Tomorrow. This announcement appears as a matter of record only. j World's Port of Call I PSA CORPORATION LIMITED I S $400,000,000 I VARIABLE RATE NOTES DUE 2003 I < .M ..-rraLTwofc r 4* L
      153 words
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      8 2 Editorial: Working smart, not just hard, Pg 13
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      5 3 Strait Talk TheßininessTimes Shipping Times
      5 words
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      127 3 THE ORIGINAL sports Of flKl swiss i#^ ■L «3!P*,-'.-"^J sF ;JH t'T mSStJeff;iV a***#/ w SB V«_ |MgS£ V *o>fe 3 -.^latea KSfo* :t J p55fSS?lR^I!f-^-^^s^^^^^^^^^^^L^^^s=ss-53g5r?^ r .'llLl- —awiii ».~~~i i a'- 1 3 wiiiiiiMMdlß|ff]| "■iiLiLZ^"I**'1 r.frrrj^'i-^^vJ-J^jj^gj^Lreß^agsagss^^QESe^^gr: BLflClpJifwTr). -7? tr• S"-L-^—j'-t-'"' 1 11^—JM^^^MMt^^^rr^ 11 yi i_^jiLiL^gll-j^JES^.»^»^*Mc i%rt jflffg, y^^VSg2S*g|B|^«g9Eß|HßE~ 3JBPP^flHg|Ba3pS^§i£ss£^MMs|BißMS
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  • FOCUS: PROPERTY
    • Article
      House Hunt
      323 4 Property transactions for Richmond Park Project name Prop Contract Tenure Bu*t-«V Price Ps« type date Land area' (sqft) (SI-OOO) <S» Richmond Park Apt 02/10/95 FH 1259 2080 1652 Richmond Park Apt 20/10/95 FH 1259 1910 1517 Richmond Park Apt 30/11/95 FH 1732 3000 1731 Richmond Park Apt 16/11/95
      323 words
    • Article, Illustration
      Lock icon Richmond Park prices going back to square one
      525 4  -  Latest sub-sales done near '94 launch prices, 40% off market peak Hy Lilian Ang [SINGAPORE] Prices at Richmond Park, a plush condominium project located off Orchard Road, are heading back to their launch .levels in April 1994. The downward trend is reflected
      ARTHUR LEE  -  525 words
    • Article
      A rupiah windfall
      162 4 [SINGAPORE] The Indonesian buyer who sold his Richmond Park unit to another Indonesian last month at almost the same price that he paid for in 1994 made a fortune on the sale in rupiah terms. The mystery lies in the exchange rates. In 1994, when the original
      162 words
    • Article
      Bungalow lots in Johor draw S'pore buyers
      385 4  -  Plots for resort-style development near second link sold at between RM160,000 and RM500,000 By) Diana Oon [SINGAPORE] A project offering bungalow lots for re-sort-style living in Johor near the second link has attracted buyers despite the general caution surrounding residential property purchases in
      385 words
    • Article
      Lock icon HK tobe first out of property slump, says JLW
      335 4 Reuters (BANGKOK) Asia's property markets are set for more pain ahead although Hongkong could be the first out of the slump, Jones Lang Wootton said yesterday. "Hongkong was one of the first into the property markets correction and it's going to
      Reuters  -  335 words
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      122 4 FACTORY FOR SALE KWONG MIN ROAD, JURONG Type C 3 with extension Built-in 25,000 sq ft Land Area 50,000 sq ft Tenure 60 yrs from 1 March 1968 Sold with vacant possession Sole Marketing Agent Knight Frank Pte Ltd *****94 228 7334 FREE Blood Pressure Test 'r High blood pressure
      122 words
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      210 4 HLSnWO^AHT I BY TENDER 1 Tenders are invited for the purchase of the following 1 land parcel: 1 Address 36, Oxley Road (*****28) Area 1,451.2 sq m Title Freehold Zoning Residential For further information and tender document, please contact the sole marketing agent. I Tender closing date 4.00 pm 10
      210 words
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      43 4 FACTORY FOR SALE PRIME LOCATION TOA PAYOH LORONG 4 Built-in 38,000 sq ft Vacant possession Land area: 60,000 sq ft Outline permission granted for 6-storey building with Balance 31 years basement carpark No ground rent 8 minutes to MRT Sole Marketing Agent *****94/6
      43 words
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  • ASIA'S ECONOMIC SLUMP
    • Article, Illustration
      Lock icon New risks threaten Asia's recovery
      559 5  -  IMF warns of global slump from US, Europe decline, fall in capital flows By Vikram Khanna [SINGAPORE] Most crisis-hit Asian economies are set to return to positive growth by the end of next year, but they could then be faced with an economic slowdown in
      Source: IMF World Economic Outlook  -  559 words
    • Article
      Lock icon Outlook for Mon economy improving, says central bank
      475 5 Interest rates likely to fall to below 50% by year's end, it says Reuters [JAKARTA] Indonesia's central bank said yesterday that the stricken economy's outlook is brightening, with inflation easing, the rupiah strengthening and interest rates likely to fall to below 50
      Reuters  -  475 words
    • Article
      Lock icon Baht at year's high after breaking 37 to US$
      275 5 AFP [BANGKOK] Thailand's reinvigorated currency crossed the 37-baht threshold against the US dollar yesterday to its highest level for the year, but the central bank said the unit's strength was no cause of concern. "The baht remains relatively competitive compared to
      AFP  -  275 words
    • Article
      Lock icon Japan economy to shrink 2.6% this year: OECD
      288 5 Limited rebonnd with risk of greater economic slack seen AFP [PARIS] Japan's economy is to shrink 2.6 per cent this year and grow by only a meagre 0.2 per cent of gross domestic product next year, according to provisional forecasts released here
      AFP  -  288 words
    • Article
      Lock icon Anti-speculation measures to be on Apec agenda
      360 6 Paper says Dr 11 sent letter to Obnchi on plan to include issne AFP [TOKYO] Malaysian Premier Mahathir Mohamad will place anti-speculation measures on the agenda for next month's Asia-Pacific Economic Cooperation forum, a daily said here yesterday. Japanese Prime Minister Keizo Obuchi
      AFP  -  360 words
    • Article
      Lock icon Crisis has bottomed out in Philippines: Singson
      154 6 AFP [MANILA] Philippine central bank governor Gabriel Singson is convinced that the Asian financial crisis has bottomed out for the recessionthreatened country. "I am now increasingly confident that the Asian crisis has finally bottomed out for the Philippines," he said in a speech
      AFP  -  154 words
    • Article
      Lock icon KL to help 20 ailing firms revamp RM6b debt
      408 6 Over half seeking aid are publicly traded bnt Renong not among them: agency Bloomberg (KUALA LUMPUR] Malaysia said it will aid about 20 ailing companies that are seeking the government's help to restructure more than 6 billion Malaysian ringgit (552.6 billion)
      Bloomberg  -  408 words
    • Article, Illustration
      Lock icon BOJ exec director appointed new president of LTCB
      480 6  -  From, Anthony Rowley in Tokyo A SENIOR executive of Japan's central bank, the Bank of Japan, has been named the new president of Long-Term Credit Bank of Japan (LTCB), which last week became the first institution to be nationalised under a 60
      AFP  -  480 words
    • Article
      Malaysia shelves two road projects worth RM3.2b
      430 6  -  Part of RMl.95b soft loan saved to be used for low-cost housing Froml Meera Tharmaratnam in Kuala Lumpur The Malaysian government has postponed construction of two road projects, and will divert part of the funds it had previously earmarked for these projects towards
      430 words
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      137 5 If you think the new Motorola StcirTAC X is just another handphone, then Van Gogh's 'Sunflowers'is just another canvas. Van Gogh's classic is not just another is smaller than our last StarTAC handphone. painting. In fact, it is so compact and light, you II hardly And the new Motorola StarTAC
      137 words
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      Page 5 Advertisements Column 2
      9 5 Sales at big Japanese stores slump 5.2%, Pg 11
      9 words
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      241 6 I t a I No Other Airline Unites The States Better From Singapore. I i if -'f- T f Northwest iMI Hl.PKite.-w'- v diroct to IH|! ,v-»., utf A 240 citics from m W* l^HHJP^*' ''•ta>''" Calgary Winnipeg Seattle I Portland Aftnnwvnto*: \/::::T^ on>o St Paul ."Tpi::;-.. Detroit'. New York
      241 words
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      Page 6 Advertisements Column 2
      8 6 Tuesdays The Property Column by Han Shih THEBITSINE?S>TIMRS
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      305 7 ;>^ mm H|r Br I jp '-vV /W'l' tv^.; \£*??h£~';s >ig| f v |>' <u JIH jp pRp i 1 r f J >', v AWhole New Sense of First Class Adventure. e w. 4 -i'i < -...:< I >;* 3 if A. < v fy 5 st' v'HfM. rl\
      305 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Judge rejects claims that Anwar trial won't be fair
      362 8 KUALA LUMPUR Application for former DPM's release dismissed Reuters A MALAYSIAN judge yesterday rejected lawyers' claims that the trial of sacked finance minister Anwar Ibrahim would be less than totally fair, and dismissed an application for his release. Judge Abdul Wahab
      Reuters; AFP  -  362 words
    • Article
      Lock icon Riot control action can be lethal: Malaysian police
      429 8 KUALA LUMPUR Don't use women and children as 'shields', says police official AFP MALAYSIAN police yesterday issued a blunt warning to supporters of sacked deputy prime minister Anwar Ibrahim ahead of his corruption trial, saying that riot control methods can be lethal.
      AFP  -  429 words
    • Article
      Lock icon Indon students call for a transitional govt to hold power
      263 8 JAKARTA AFP MORE than 1,000 students rallied near Parliament yesterday to demand Indonesian President BJ Habibie resign and hand over power to a transitional government free from Suharto-era officials. The students, who were stopped from approaching the Parliament's gate by
      AFP  -  263 words
    • Article
      Lock icon Ninja killings: Group sets army a deadline
      323 8 JAKARTA We'll take law into own hands after Nov, say Indon Muslims AFP INDONESIA'S largest Muslim group has threatened to take the law into its own hands unless the military speedily ends a mysterious wave of "ninja" killings in East Java, a report
      AFP  -  323 words
    • Article
      Lock icon Govt's PLDT stake will go to highest bidder: Estrada
      358 9 MANILA President confirms meeting top officials from SBC Communications AFP Bloomberg THE government will unload its stake in Philippine Long Distance Telephone Co (PLDT) to the highest bidder, President Joseph Estrada said yesterday. Mr Estrada also confirmed he met top officials
      AFP; Bloomberg  -  358 words
    • Article, Illustration
      Lock icon Sedona Bintan strike leads to some guests moving out
      366 9  -  SINGAPORE »y David Boey A NUMBER of staff at Hotel Sedona Bintan Lagoon, a beach resort managed by a SembCorp Industries unit on the Indonesian island of Bintan, went on strike on Sunday prompting a number of hotel guests to move
      FILE PHOTO  -  366 words
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      332 8 c °Ci n r ,n i i «Z£? ror i<i s s^tyj Cfk Sural Of With so many satisfied customers behind the HP name, it's c *egor y n Ur »i no wonder Hewlett Packard LaserJet printers are the irrefutable number 1 choice oF customers in Singapore. Designed to meet
      332 words
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      47 9 The ultimate measure of eack moment Vintage > *c^'^^SEemßkmSskS^ **S-. W'SiW*' *V* S* < GP Girard-Perregaux Manufacture depuis 1791 Vintage 1945 Available at all authorised retailers Exclusive Distributor: BMI Pte Ltd Tel: 737 3786 Service Centre Showroom: BMI 6B Orange Grove Road Tel: 737 3566 f I BENJAMIN GROUP
      47 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Fujian govt investment firm to sell stakes in local bank, airline
      603 10 BEIJING It's among Chinese trust firms facing credit squeeze after Gitic's closure FT Reuters Bloomberg THE turmoil in China's trust and investment companies appeared to be spreading, as the international fund-rais-ing company of the provincial government of Fujian said
      FT; Reuters; Bloomberg  -  603 words
    • Article, Illustration
      Gitic's lesson for borrowers and lenders
      729 10  -  CHDVA WATCH naming hopes Its toagb stance will underline the message about easy credit By Lu Ning A HONGKONG newspaper recently offered a novel way of gauging a nation's economic health the skyscraper indicator. A recession is likely to hit when a nation completes
      729 words
    • Article, Illustration
      Lock icon Picturing Yunnan 100 years ago
      59 10 [BEIJING] Visitors resting yesterday outside Beijing's central history museum where an exhibition of various black and white photographs taken by a French consul general a century ago is on display. The 365-picture exhibition captures life at the turbulent turn of the century in southwestern Yunnan
      AFP  -  59 words
    • Article
      Lock icon China plans to introduce fuel tax
      324 10 ■SHANGHAI Revenue will pay for high way building and maintenance AFP CHINA'S government plans to introduce a fuel tax on Jan 1 to pay for highway construction and maintenance, eliminating the current system of flat fees, the official Liberation Daily reported yesterday. Premier Zhu
      AFP  -  324 words
    • Article
      Lock icon China delays passing securities law again
      330 10 BEIJING Draft incomplete, should be revised, says legislator AFP CHINA'S legislators have once again postponed passing a six-year-old Securities Law aimed at better regulating fledgling stock markets, state media said yesterday. Qiao Xiaoyang, deputy director of Parliament's law committee, told the continuing, fifth sesslflft
      AFP  -  330 words
    • Article
      Lock icon Shanghai launches 40b yuan river clean-up project
      246 10 SHANGHAI AFP SHANGHAI has launched a 40-tyllMon yuan (Ss7.B billion) j cleaiwip project for4he heavily. RflWlited Suzftou which meanders through its downtown areas, the official Xinhua news agency reported yesterday. Authorities have begun the 8.65 billion yuan first phase, to include construction of
      AFP  -  246 words
    • Article
      Lock icon Beijing drafts new law against illegal forex dealings
      328 10 BEIJING Black market forex trading among activities covered AFP THE head of China's central bank, Dai Xianglong, has put forward a draft law to further criminalise illicit foreign exchange dealings. "Foreign exchange infractions have run rampant since the fourth quarter of last
      AFP  -  328 words
    • Article
      Lock icon US'IDG to I: invest US$1P in China
      109 10 BEIJING AFP THE US-based Data Group (IDG) hflß launched a US$l bilticfp. (551.62 billion) venture qepi— tal project with China's ls<3H ence and Technology try, the China Daily yesterday. J "The capitate pledged a significant corporate and C nancial investment, "JTiaTTT IDG chairman
      AFP  -  109 words
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      98 10 v M ''I n" Wi fl We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong y •Bahamas Samoa v:;,rJ ~»i'' Full nominee, management, corporate secretarial and professional administration services are available. We specialae in offshore trusts, offshore
      98 words
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      46 10 r* t m *.»<4 A M.- m. x if-. i i vj*'fi# ii juOi 1 1 1 r »*r* c r"# v v Upr I' L Mil .J. \fi ->< rfto A -Sk ;h ire- A« '"J >:* 1- Asia-Pac server w i,||||ri,,l> Singapore aims to Mondays TheßusinessTimes
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  • ASIA
    • Article
      Lock icon Hanson may be ousted from One Nation
      264 11 ■.SYDNEY AFP AUSTRALIA'S far-right political icon Pauline Hanson c<J&ld be forced out of her own One Nation party in a grassroots revolt sparked by a disastrous election perforntance, a report said yesterday. 1 An alliance of party branches in New South Wales state
      AFP  -  264 words
    • Article
      Lock icon Sales at big Japanese stores slump 5.2% despite tax cuts
      447 11 TOKYO Sept industrial output up 2-5% bat govt warns future still looks bleak AFP SALES at Japan's large stores are still sliding and industry is struggling to raise production levels as the recession drags on, the trade ministry said yesterday.
      AFP  -  447 words
    • Article
      Lock icon Aussie Q3 CPI raises hopes of rate cut
      270 11 SYDNEY 0.2% rise in inflation in Sept quarter below 0 )>% forecast Reuters A SURPRISINGLY mild inflation outcome for the September quarter has fanned expectations of an easing in Australia's official interest rates as early as next week to keep the economy
      Reuters  -  270 words
    • Article, Illustration
      Lock icon Korea's big 5 chaebol have axed 63,000 jobs
      303 11 SEOUL That's 10% of combined workforce; cats will continue AFP ECONOMIC turmoil has forced South Korea's top five family-owned conglomerates to slash more than 60,000 jobs, or 10 per cent of their combined workforce, official figures showed yesterday. The big five corporations,
      AFP; REUTERS  -  303 words
    • Article
      Lock icon India freezes foreign investment in ad industry
      210 11 NEW DELHI AFP INDIA'S ruling Hindu nationalists have frozen foreign investment in advertising and the movie industry for reasons of "national interest", a minister was quoted as saying yesterday. Junior Minister for Information and Broadcasting Mukhtar Abbas Naqvi told the Indian Express daily
      AFP  -  210 words
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  • THE WORLD
    • Article
      Lock icon Fed banker sees US growth slowing in months ahead
      591 12 COLUMBIA, South Carolina Growth in consumer spending softening though confidence still high Bloomberg WHILE the global economic crisis has had only a "moderate" impact on the US so far, US growth should slow in the months ahead, said Federal Reserve Bank
      Bloomberg  -  591 words
    • Article
      Lock icon US Sept durable goods orders up 0.9%
      360 12 WASHINGTON Reuters US factory orders for big-tick-et goods unexpectedly rose in September from the previous month on rising demand for electrical equipment and industrial machinery. Durable goods orders, items made to last at least three years, increased 0.9 per cent last month to
      Reuters  -  360 words
    • Article
      Lock icon Pinochet entitled to immunity: UK court
      191 12 LONDON Bloomberg AFP FORMER Chilean dictator Augusto Pinochet won a key battle in his efforts to secure release from arrest and detention in the UK, with the High Court ruling that Gen Pinochet is entitled to diplomatic immunity. The judges ruled, however, that the
      Bloomberg; AFP  -  191 words
    • Article
      Lock icon Buffett's second bid to buy LTCM fails
      188 12 NEW YORK Bloomberg BILLIONAIRE investor Warren Buffett made a second, unsuccessful, overture to buy Long-Term Capital Management LP, the hedge fluid that was taken over by 14 lenders last month, a source familiar with the situation said. Mr Buffett was willing to make
      Bloomberg  -  188 words
    • Article, Illustration
      Lock icon Struggling for space
      77 12 [KENNEDY SPACE CENTRE! Australian Michael West standing on the shoulders of fellow countryman Fred Flanigan as they signed a mural set up at the visitors'complex here on Tuesday to commemorate the return to space today of US Senator John Glenn and the crew of the space shuttle
      AFP  -  77 words
    • Article
      Lock icon Brazil will cut spending, up taxes to halve US$60b deficit
      243 12 BRASILIA It hopes to bolster currency, pave way for USs3ob in aid from IMF, others Bloomberg BRAZIL said it will cut spending and raise taxes to slash its US$6O billion (Ss97 billion) budget deficit in half, to bolster its currency
      Bloomberg  -  243 words
    • Article
      Lock icon Hedge funds post dismal Q3 results
      269 12 m NEW YORK Reuters HEDGE funds finished the third quarter with their worst showing since 1994, but many of the volatile funds remained ahead of stock market indices for the year, investment research and consulting firm TASS Management Ltd said on Tuesday. "This is
      Reuters  -  269 words
    • Article
      Blair's parly gets its share of sleaze
      456 12  -  From Neil Behrmann inLondon FIRST it was the Tories, now it's Labour's turn. Tony Blair's much advertised squeaky clean New Labour government is encumbered by sleaze. So far the party remains well ahead in polls, but recent surveys show that Mr Blair's popularity
      456 words
    • Article
      Lock icon AOL alliance focus of anti-trust trial
      304 12 THE MICROSOFT CASE AFP [WASHINGTON! Microsoft used its dominance of personal computer operating software to win an Internet alliance with America Online (AOL), once a foe of the software giant, according to testimony to be presented at a federal anti-trust trial yesterday. The written
      AFP  -  304 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      183 12 a TURKISH EXPERIENCE Vucwct nunc cultunc tfyHu 0/ «*w& ItvUuy. Legendary Kahramammaras Ice-Cream, show as well as a demonstration cum Lady's Thigh Meatballs, Doner Kebab, sale of Turkish pottery. All by an entourage Noah's Pudding, PUaf, Quince dessert and of 36 from TUTAV, the Promotion Turkish Coffee. Foundation of Turkey.
      183 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Mahathir on defensive over black eye
      690 13  -  THE BOTTOMLDVE OPINION By Yang Razali Kassim The writer is BT's regional analysis editor IT was vintage Mahathir: cynically and sarcastically putting down his opponent when Anwar Ibrahim emerged publicly for the first time after his arrest sporting a black eye. The Malaysian prime
      690 words
    • Article
      IN OTHER WORDS
      189 13 This is not really an antitrust case, but a return of the Luddites to arrest the march of progress driven by science and technology/ Microsoft's lawyer at the antitrust trial, drawing a comparison between a 19th century group in England which destroyed industrial machines and federal antitrust
      189 words
    • Article
      Working smart, not just hard
      541 13 EDITORIAL AMID the spate of headlines about job losses and wage cuts, one recent report underscored a key point about the current state of Singapore's labour market: Singaporeans work longer hours but are less productive than American or European workers. The finding based on data
      541 words
    • Article, Illustration
      Lock icon S-E Asia's top brass now champion reform
      1114 13  -  Generals ensure they remain power brokers by agisting to the changing times By Peter Eng The writer, a former Associated Press reporter, has covered South-east Asia since the mid-1980s The Los Angeles Times in Bangkok FOR decades, they propped up autocrats, crushed dissent
      The Los Angeles Times; FILE PHOTO  -  1,114 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      948 13 Fresh challenges In Kosovo PRODDED by the imminence of Nato air strikes, large numbers of Serb security forces were on Tuesday retreating from Kosovo's battlegrounds, dismantling their road blocks and regaining their barracks. In direct response, thousands of ethnic Albanian refugees were starting to flood back
      948 words
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  • FOCUS
    • Article, Illustration
      Lock icon A pattern in Asia's crisis
      3270 14  -  Hongkong's controversial last governor Chris Patten addressed three separate audiences at the Foreign Correspondents' Association (FCA), the British Chamber of Commerce and a forum organised by the British High Commission and British Council, when he was in Singapore on Tuesday. He was here to promote
      CHRIS LOH  -  3,270 words
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      Page 15 Advertisements Column 1
      498 15 IM«'t (n km*? I nil it ia Cats' Mewsl Citik Call' Rin is Siriay Clmifiid this *ttkni. CATS. W 71% rimmjih 4-/ V JL J slw*. IViiii i! Presented Diners club Offers 70 members only airport lounges >J j 0 apply, call: I Where to fflOe and entertain... intemationaT that
      498 words
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      Page 15 Advertisements Column 2
      121 15 a TURKISH EXPERIENCE *DUcowi mane food, ctilUwc czotic 7unAjttf Presented by chefs and performers from TUTAV, the Promotion Foundation of Turkey. 30 Oct-6 Nov 1998 The Belvedere Reservations: 831 6288 Mandarin |JJ Singapore S MB OB 333 Orchard RmJ, Support *****7 TtL *****11 F*x: *****61 tL-t Surf the net for
      121 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      874 15 TV&RADIO 5.30 Spider-Man. ep). i.il. i J,u,. M 6.00 News 5 Today followed 4.45 Tibet's Wild Life. 2.30 PM TV Innovations. by Wheel of Fortune. 5.10 Highland Ladies. .Aft 4.00 Kidz Blitz: Sesame 6.30 The Pyramid Game. 535 Majin Hero Wataru. Mr. Street. 7.00 News 5At Seven. jL tt 5.00
      874 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      137 15 CRYPTIC CROSSWORD estate agents (10) YESTERDAY'S SOLUTION DOWN 11 Single Pole of inferior rank Mtlhlulnldlelricli laTp^^M 1 Poet is utterly excluded (4) becomes rebellious (13) LfjKy|HOIOB2V 2 Vandalised by footballers 13 Barmy family may be a hazcaught in the act (7) ard (6,4) IclolNlolElgs^Rßc^M^A] 3 Think only of others, yet
      137 words
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  • MOTORING
    • Article
      Japanese cars top customer satisfaction in poll
      298 16 [SINGAPORE) Japanese cars dominated the top positions in a pan-Asian customer satisfaction survey, a recent Nissan publication showed. In the six countries polled Taiwan, the Philippines, Thailand, Malaysia, Indonesia and Singapore Toyota secured three No 1 spots while the other three went to
      298 words
    • Article, Illustration
      Lock icon C&C gears up for revamp
      681 16  -  It plans to buy into dealers, start motor leasing, outsource storage and pre-delivery inspection Byt Christopher Tan SINGAPORE Listed Cycle Carriage has embarked on a major exercise to revamp its local motor operations to help it improve what it does best sell cars. According to
      CHRIS LOH  -  681 words
    • Article
      Digital radio to hit S'pore roads soon
      415 16  -  SINGAPORE MOTOR SHOW With sharper sonnd, visual data, it will be tested on car stereos Christopher Tan [SINGAPORE) Motorists in Singapore will be the first in Asia to get a taste of digital radio programmes next month. The technology, which will be showcased
      415 words
    • Article
      Kah Motor buys Alexandra Rd site
      322 16  -  By Christopher Tan [SINGAPORE) Honda agent Kah Motor, part of listed Oriental Holdings, has bought a 100,000 sq ft property on Alexandra Road for $20.9 million. The plot belonged to Komoco Properties, part of the Komoco group owned by Ong Beng Seng and Jopie
      322 words
    • Article, Illustration
      Gay Hin secures franchise for Lotus comeback
      315 16 [SINGAPORE] Lotus is back, after a 10-year hiatus that began when the manufacturer stopped making the Elan. And Gay Hin Enterprise has secured the franchise for the British marque, making it the first used-car dealer to land an authorised motor distributorship here. Headed
      315 words
    • BUMPER to BUMPER
      • Article
        Andi to take part in Le Mans next year
        111 16 AUDI will take part in the legendary Le Mans 24-hour race next year. It will submit at least two sports cars based on a newly-developed sports line codenamed RB. The open-top is being developed by Audi Sport, which has already embarked
        111 words
      • Article
        Working to improve diagnostic system
        119 16 DAIMLER-BENZ is developing a faster and more thorough diagnostic system for cars, aircraft and machinery. Its most significant feature is that it automatically defines and independently suggests test procedures. It relieves technicians from monotonous diagnosis procedures. Even at a product's development stage, the new system
        119 words
      • Article
        New Toledo from Seat
        89 16 VOLKSWAGEN-OWNED Seat has launched a new Toledo model. The new car measures 4.44 metres and offers a boot capacity ofsoo litres. The new Toledo is the first Seat designed under the new image of the marque, with a distinctive new grille. The choice of engines ranges
        89 words
      • Article
        All-new Sunny for Japanese market
        130 16  -  Compiled by Christopher Tan NISSAN has just released an all-new Sunny, but that is strictly a domestic model and not to be confused with the Sunny range available here. A replacement for the export model is due only in late-1999 or early-2000, according to local
        130 words
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      Page 16 Advertisements Column 1
      187 16 Since he chaired our first automotive roundtable two years ago, Graeme Maxton, Associate Editor, Automotive Publications, Economist Intelligence, UK, has proved consistently accurate in his predictions for the future of the automotive industry in Asia. Join us in November to hear and discuss what Mr Maxton and other leading industry
      187 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      ST Engg's operating profit up 20°/o in Q3
      427 17  -  Healthy aerospace growth, higher interest income boost ffiin to $38.44 m By Ven Sreenivasan [SINGAPORE) Healthy growth by its aerospace division and higher interest income enabled Singapore Technologies Engineering to record a 20 per cent increase in third-quarter operating profit to $38.44
      427 words
    • Article, Illustration
      Lock icon Creative shares up despite 58% drop in Q1 profit
      616 17  -  Stock's 10.6% jump due to good prospects for Christmas quarter: analysts By. Annette Pan [SINGAPORE] Creative Technology's shares yesterday rose $2, or 10.6 per cent, to close at $20.80 despite a 58 per cent profit decline for the first quarter of
      Source: Bloomberg  -  616 words
    • Article
      Absence of M'sian shares on Clob a blessing in disguise
      800 17  -  HOCK LOCK STEW R Sivanithy THERE was a time when removing Malaysian shares from the local stock market would have been like cutting off a vital organ from the stockbroking community. Back in the heady days of the 1993 "super
      800 words
    • Article, Illustration
      Lock icon HPL, other penny stocks hit six-month high
      590 17  -  Cheaper counters now the focus of speculative interest W Ven Sreenivasan [SINGAPOREI Hotel Proper ties Ltd and a slew of other penny stocks, particularly property counters, hit a sixmonth high yesterday as speculative interest shifted to cheap stocks. HPL. which sprang to life
      Source: Bloomberg  -  590 words
    • REGIONAL COMPANIES
      • Article
        Internet share trading now a reality for Lim & Tan, Vickers
        506 18  - Internet share trading now a reality for Lim Tan, Vickers Both stockbroking firms throwing in incentives for Net clients liyi Siow Li Sen [SINGAPORE] Share trading is now a mouse click away, as Lim Tan and Vickers Ballas yesterday became the first broking firms here to launch Internet share trading.
        506 words
      • Article
        Heavy selling in 3 Sinar Mas units
        267 18  -  From Shoeb Kagda te Jakarta SHARES of three listed companies owned by the Sinar Mas Group, one of Indonesia's largest conglomerates, were sold heavily yesterday by a securities firm also belonging to the group. Brokers told BT that Amantara Securities, which belongs to
        267 words
      • Article, Illustration
        Lock icon Asian markets have hit bottom: technical analyst
        492 18  -  He expects STI to rally for another two more weeks By\ Siow Li Sen [SlNGAPOßE] There's more than a 50 per cent chance that Asian markets, in particular Singapore and Hongkong, have bottomed out in absolute terms, said PrudentialBache technical analyst John Schofield
        Source:  -  492 words
      • Article
        Uraco posts $ 15.8 m loss, sells stake in venture
        532 18  - Uraco posts 15.8 m loss, sells stake in venture By Edmund Loh [SINGAPORE] Reeling from heavy losses and a pile of debt close to $100 million, Uraco Holdings yesterday said it is selling a venture with NatSteel Electronics to Nasdaqlisted Unico Inc. For the year ended July 31, Uraco reported
        532 words
      • Article
        Lock icon Siam Cement back in the black after baht rally
        259 18 Bloomberg [BANGKOK] Siam Cement returned to the profit path in the third quarter, as a recent rally in the Thai baht against the US dollar gave the country's biggest industrial group a currency gain by reducing its more than US$4 billion
        Bloomberg  -  259 words
      • Article
        Buying-in: more questions for SES
        245 18  -  LETTER TO THE EDITOR Jimmy Lim Singapore I REFER to the Stock Exchange of Singapore's reply "Transmarco buy-in within rules: SES" (BT, Oct 17-18 While there is no doubt that the buying-in for Transmarco shares has been conducted entirely in accordance with the SES rules
        245 words
      • Article
        Lock icon Petron's 9-month net profit doubles
        260 18 AFP [MANILA] Philippine oil refiner Petron Corp said yesterday its net profit doubled from a year earlier to 2.8 billion pesos (Sslll million) in the nine months to September despite weak demand and competition from direct importers. Revenues rose 1.6 per cent to 45.1 billion
        AFP  -  260 words
      • Article
        Comfort raising $200 m from medium-term notes
        175 18  -  Programme launched has option to raise amount to $300 m Hy Soh Tiang Keng [SINGAPORE] The Comfort group has launched a $200 million medium-term note (MTN) programme to raise funds to buy taxis and to meet its working capital needs. The note programme,
        175 words
      • Article
        Lock icon Comfort's lower cost route to picking up the tab for new cabs
        590 18 Bloomberg [SINGAPORE] When it comes to Comfort one of the world's largest taxi companies the meter's always running. That's especially true for the $100 million the company spends each year replacing older vehicles in its fleet of 10,000
        Bloomberg  -  590 words
      • COMPANY Briefs
        • Article
          AFP unit out of judicial management
          34 18 (SINGAPORE] Asia Food Properties yesterday said judicial management of its subsidiary, Sankei Pte Ltd, had, had been lifted since Oct 23, on the application of the judicial managers.
          34 words
        • Article
          Hup Seng Huat posts $2.6 m loss
          74 18 [SINGAPORE] Hup Seng Huat posted a net loss of $2.6 million for the year ended July 31, compared with net profit of $2.9 million previously. Group turnover fell 22 per cent to $58 million. Loss per share was 0.88 cent, against earnings per
          74 words
        • Article
          Capital injection for Acer Capital (S)
          82 18 [SINGAPORE] Acer Computer International (ACI) last night announced it has made a capital injection into Acer Capital Singapore Pte Ltd (ACL). ACL is a joint-venture company between ACI and Acer Capital Corporation, a company incorporated in Taiwan. On Oct 6, ACI made a capital
          82 words
        • Article
          Summit unaware why share price rose
          44 18 [SINGAPORE] SM Summit Holdings yesterday said it was unaware of any reasons or circumstances for the sharp increase in the company's share price and turnover. The company was responding to a query from the Stock Exchange of Singapore.
          44 words
        • Article
          Lock icon Daihatsu doubles stake in Astra venture
          121 18 AFP [TOKYO] Japan's Daihatsu Motor Co Ltd said yesterday that it would double its stake in a joint venture with Indonesia's largest auto producer PT Astra International to 40 per cent. Under a deal signed in Jakarta, Daihatsu's stake in PT Astra Daihatsu Motor
          AFP  -  121 words
        • Article
          Lock icon PLN forecasts loss of 11t rupiah
          143 18 Bloomberg [JAKARTA! PT Perusahaan Umum Listrik Negara, or PLN, is likely to post a 1998 loss of close to 11 trillion rupiah (552.3 billion), even after government subsidies, said Adhi Satriya, president of the state electricity utility. That is double the 579 billion rupiah
          Bloomberg  -  143 words
        • Article
          Corrections and clarifications
          53 18 (SINGAPORE] Ho Wah Genting International has clarified that its proposed two-for-one rights issue, which has been scrapped due to market conditions, was not to finance the acquisition for Hui Yuan Asia International Group. The proposed purchase, announced earlier in conjunction with the proposed rights exercise, will proceed
          53 words
    • COMPANIES
      • Article, Illustration
        Lock icon IBM to buy back as much as US$3.5b of its stock
        471 19 Plan aims to boost shareholder value and comes days after strong Q3 results Bloomberg [ARMONK, New York] International Business Machines Corp said it plans to buy back as much as US$3.5 billion (555.7 billion) of its stock, a bid
        Bloomberg; Source: Bloomberg  -  471 words
      • Article
        Lock icon Sony sees tough times ahead as profit slides 5.4% in 1st half
        390 19 It expects 37b yen loss at parent level in second half AFP [TOKYO] Japan's Sony Corp yesterday warned of a tough future after its profits fell in the six months to September as electronics and music operations stumbled.
        AFP  -  390 words
      • Article
        Lock icon Deutsche Telekom Q3 profit rises 31% to 1b marks
        221 19 Bloomberg [BONN] Deutsche Telekom AG, Europe's largest phone company, said yesterday third-quarter net income rose 31 per cent as it continued to cut debt and sign on more mo-bile-phone customers. Third-quarter profit rose to 1.05 billion marks (551.03 billion), within expectations,
        Bloomberg  -  221 words
      • Article
        Lock icon Seagate to close chip plant in Scotland next year
        216 19 Bloomberg [LIVINGSTON, Scotland] Seagate Technology Inc, the world's largest independent maker of computer disk drives, said it plans to close its semiconductor factory in Livingston, Scotland, next year, eliminating 262 jobs, to concentrate on its primary business. Seagate said it has
        Bloomberg  -  216 words
      • Article
        Lock icon Operating system for smart cards unveiled
        297 19 Bloomberg [PARIS] Microsoft Corp has unveiled a tiny computer-op-erating system for smart cards as well as support for the system from 20 hardware makers, in a push by the world's biggest software company into a lucrative new market. Smart cards contain microchips that store
        Bloomberg  -  297 words
      • Article, Illustration
        Lock icon Microsoft's NT5.0 to be called Windows 2000
        156 19 Reuters [SEATTLE] Taking a page from its winning playbook for Windows 95, Microsoft Corp on Tuesday said the longdelayed next version of its high-end computer operating system will be known as Windows 2000. The product, formerly known as Windows NT 5.0, is not
        Reuters; REUTERS  -  156 words
      • Article, Illustration
        Lock icon Nippon Oil to pay 386.3b yen for Mitsubishi Oil
        439 19 Merger qnickens pace of change in Asia energy sector Reuters Bloomberg [SINGAPORE] Japan has jumped into the global oil restructuring race with the merger of two major firms, accelerating the pace of change in Asia's energy sector. Nippon Oil Co, Japan's
        Reuters; Bloomberg; REUTERS  -  439 words
      • Article
        Lock icon Cisco, HP to develop Net products that combine voice, data
        258 19 Bloomberg [SAN FRANCISCO] Cisco Systems Inc and HewlettPackard Co said they will jointly develop products that will combine voice and data communications on the Internet, using their existing partnership to enter a lucrative new market. Hewlett-Packard, the No 3 computer
        Bloomberg  -  258 words
    • FINANCE & COMMODITIES
      • Article
        Citibank launches two funds for small investors
        275 20  -  One fund targets those seeking investments with low risks; other for long-term growth n !f Soh Tiang Keng (SINGAPORE) Citibank yesterday launched two new funds for individuals keen on low-to-moderate risk investments and those seeking long-term capital growth. The new Citiselect Income Fund
        275 words
      • Article
        Lock icon AMP sees some progress in bid for GIO
        229 20 Bloomberg [SYDNEY] Attempts by AMP Ltd, Australia's largest life insurance and investment company, to negotiate with GIO Australia Holdings Ltd over its As 3 billion (Ss3 billion) bid for the general insurer are showing positive signs, AMP's corporate adviser said. The comment
        Bloomberg  -  229 words
      • Article
        BNP completes Ekachart Sec deal
        265 20  -  Firm renamed BNP Prime Peregrine Securities (Thailand) Ry I Clarissa Tan [SINGAPORE! Banque Nationale de Paris (BNP) and BNP Prime Peregrine have completed their acquisition of Thai securities firm Ekachart Securities, which has been renamed BNP Prime Peregrine Securities (Thailand). A new board of directors
        265 words
      • Article
        Futures up on interest rate cut hopes
        239 20  -  STMEX Report MSCI Singapore Index Jardine Fleming THE expectation of lower interest rates drove the stock market and the derivative futures higher yesterday. High capitalisation stocks that have lagged in the recent rally played catch-up in the morning. The banks-led rally kicked in
        239 words
      • Article
        Futures down as NT$ firms
        165 20  -  MSd Taiwan fatnres Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract fell on concerns that sharp appreciation of the New Taiwan dollar against the greenback may hurt Taiwan exporters. Weak US equity markets overnight also marred the sentiment. The October 98 contract declined
        165 words
      • Article
        Lock icon Crude flat despite fall in petrol stocks
        243 20 ENERGY REPORT Bloomberg [NEW YORK] Crude oil was little changed, hovering close to US$l4 a barrel yesterday, after an industry report that showed falling US petrol inventories were offset by less concern that Hurricane Mitch will damage Gulf of Mexico production rigs. Petrol
        Bloomberg  -  243 words
      • Article
        Lock icon CURRENCY REPORT
        268 20 AFX-Asia liondw THE US dollar was firmer against the major currencies in quiet late trade here, bouncing off earlier lows as sentiment was boosted by stronger-than-expected US durable goods data and a firmer performance on Wall Street, dealers said. However, they added that trade in the dollar was
        AFX-Asia  -  268 words
      • Article, Illustration
        Lock icon Out to keep oil well on target
        81 20 [DAQING, China) Chinese electricians installing an electric converter as they repair an oilfield in Daqing in China's north-eastern Heilongjiangprovince. Utility brigades have restored operation to all but a few dozen of the 1,104 oil pumps that sat motionless and rusting since the Nen
        REUTERS  -  81 words
      • Article
        Lock icon Salomon lays off another 100 staff in stock sales and trading
        368 20 Investment bank will retrench 40 more people in equity research this week Bloomberg Reuters [NEW YORK] Salomon Smith Barney Inc, which lost US$325 million (***** million) in the third quarter, largely from bond trading, said it fired about 100
        Bloomberg; Reuters  -  368 words
      • Article
        Lock icon Axa unit to make 22.1b franc bid for Belgian bank
        275 20 Bloomberg [BRUSSELS] Royale Beige SA, a unit of Europe's largest insurer Axa SA, said it is making a 22.1 billion Belgian franc (Ssl.l billion) friendly bid to buy all the shares of Anhyp NV, a Belgian retail bank, to expand
        Bloomberg  -  275 words
      • Article, Illustration
        Untitled
        1264 20 DtTEKBAME CROSS KATES oct28 AS CS fa* ECT ffr ji W HXtsNHI Yen Wen «M H» imi Sir UTS M* Nmt USj Austral* 0.957 6.178 0.521 3.431 1.026 4504 24.203 4LW 0.730 8.M0 2554 1179 34.4« ***** LOW 1500 0.035 20.SS***** 0570 0420 Canada 1.045 5.377 0.545 3.593 1072 5.020
        1,264 words
    • Article
      COMMODITY PRICES
      1907 21 SICOM FUTURES Oct 2S (MJB8C8 (Mum ctosmq m at 5.30pm) RSS1 C0NTRACT(S cwtsAq) Close Votame Open Month Mqk Low Sott (tonnes) Interest Nov 98 119.00 1250 Dec 98 119.00 119.00 119.25 450 1450 Jan 99 121.75 121.75 121.25 800 550 Feb 99 123.25 100 725 Mar 99 124.50
      1,907 words
    • Article
      WORLD STOCK MARKETS
      2360 21 LONDON Mmtriais Oct 21 Nki 31 Group 505.000 -6.000 A8 Ports 281.000 2.600 Abbey National 1135.750 -15.250 Allied Domecq 537.000 14.000 Allied Zurich 665.000 -20.000 Amec 180.000 -3.000 Asda Croup 160.000 -5.400 BAT tod 503.000 *25.000 BG Ptc 394.000 1.000 BICC 50.000 4.000 BOC Group 826.000 16.000
      2,360 words
    • Article
      Lock icon TOKYO
      1645 21 Bloom berg Q Nikkei 225 -304JH JAPANESE stocks fell yesterday, led by Sony Corp as investors worried that Japan's flagship exporter, the world's second-largest consumer electronics maker, would announce a grim earnings forecast after the market closed. Investors became jittery that Sony might make the same move as its
      Bloom berg  -  1,645 words
    • Article
      Lock icon TAIPEI
      357 22 AFP □ffPlnto -7454 SHARES dipped 1.1 per cent yesterday to below the key 7,000-point resistance level, depressed by negative corporate results, dealers said. The Weighted Price Index dropped 74.54 points to 6,962.09, following a 0.2 per cent decline in the previous session. "Sentiment was dragged down by some negative
      AFP  -  357 words
    • Article, Illustration
      Lock icon JAKARTA
      735 22 AFP Q Composite Index -&81 INDONESIAN share prices closed 1.8 per cent weaker yesterday in the absence of fresh incentives, and with sentiment undermined by continuing student protests, dealers said. "I think today's protests were big enough to scare investors away," a dealer at a joint venture brokerage said,
      AFP  -  735 words
    • Article, Illustration
      Lock icon BANGKOK
      788 22 AFP fl SET Index *1122 THAI shares gained 3.5 per cent yesterday, driven by speculative retail buying focused on banks and finance companies, analysts said. Analysts said major foreign institutions boosted volumes in the afternoon, taking their lead from local players and investing in blue-chip issues across the board.
      AFP  -  788 words
    • Article
      Lock icon MANILA
      324 22 AFP Q Manila +9.73 PHILIPPINE share prices rose to a three-month high yesterday as investors piggybacked the appreciating peso. The Philippine Stock Exchange Index gained 9.73 points to 1,602.23. Volume surged to 2.5 billion shares but value fell to 1.65 billion pesos. Potential hostile takeover target PLDT gained 15
      AFP  -  324 words
    • Article
      Lock icon SEOUL
      430 22 AFP Q Composite Index +148 SHARES inched up one per cent yesterday amid bargainhunting after recent falls and as futures-led selling eased, dealers said. The Composite Index closed up 3.48 points at 363.91. Volume was 92.7 million shares worth 473.7 billion won. Falls led rises 399 to 352. with
      AFP  -  430 words
    • Article
      Lock icon SYDNEY
      601 22 AFP Qlll Ordinaries +32-3 AUSTRALIAN share prices rose 1.3 per cent yesterday, encouraged by new data that showed inflation firmly under control and an interest rate cut in the offing. The All Ordinaries Index rose 32.3 points to 2,615.2. The All Industrials Index surged 64.3 points to 4,561.3 while
      AFP  -  601 words
    • Article
      Lock icon WELLINGTON
      260 22 AFP Q Wellington +0,89 STOCKS ended barely higher yesterday, but analysts said foreign interest in leading issues was increasing. The NZSE-40 Index closed at 1,871.26, up 0.89 of a point, on turnover of NZ$l2O million. Brewer Lion Nathan was up two cents to NZ$5. Oct 28 *fl OOO) ANZ
      AFP  -  260 words
    • Article
      KUALA LUMPUR STOCK MARKET
      8811 23 INDUSTRIALS Consumer products 1998 Last Vol Day Net Cap Htqh Low Company Saia 000 Hlqh Low P/C Smll 310 170 Ajtoomoto 240 132 97.3 148 35 Anqkasa 58 -1 10 60 57.5 85.5 290 123 Apollo Food Hlq t90 -4 1 190 190 6.6 76.0 388
      8,811 words
    • Article, Illustration
      Lock icon Shares fall in directionless trade
      417 23 AFP. Reuters 1 Composite Index -5.47 MALAYSIAN share prices closed 1.3 per cent lower yesterday, stretching a downtrend in the absence of buying incentives. "Trading was both dull and directionless," an institutional dealer at a local brokerage said. The Composite Index fell 5.47 points to
      AFP.; Reuters  -  417 words
    • WARRANTS & OPTIONS
      • Article
        Why QAF wrt's a high-risk play
        202 24  -  WARRANT WATCH -By: R Sivanithy THERE seems to be an interesting play developing among the ranks of the close-to-expiry warrants, which is epitomised by QAF's case. With only a few days left before expiry, the big question is whether the recent rally in the
        202 words
      • Article
        CLOB INTERNATIONAL
        2976 24 BONOS, LOANS i WARRANTS wt 199a Last Vol Day Last Ouota Avg High Law Stno Company Sa4a *or- <0001 Mlg#i La* Buyer Seller Price 20.5 3 3160 'Acer ******1USS 12 »15 489 13 10 12 12.5 95 4.5 3164 Acma ******4 19 unch 1386 20 18.5 18.5 19
        2,976 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7221 25 Transaction date: Oct 2fc I Cf Or M m 1998 Last Vol Day Last Quota Olv Div YM Not Cap Avg "N» L»» mm Company Sal* COOO) Hlqli Low Buyor Sonar C'vr P/t $mll Prke MULTI-INDUSTRY 142 49 5 mt IOOO Ac ma 50c
      7,221 words
    • Article
      SESDAQ
      1170 25 Cf Or M Wt 1998 Last Vol Day Last Owete Of* 0*> YM Net Ca# A»q Hiqh Law StNo Company Sm COOO) Mtgh U» If C*W P/l Prtea MANUFACTURING 243 30 c 2049 AS Auto 10c 90.5 *6 7078 92 85 90 90.5 15.0N 7.0 1.7 8.5 103.3 86
      1,170 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Untitled
        347 26 Stacks Volume SM Summit 10c 34,325,000 Hotel Prop 28,351,000 Wing Tai 25c 24,441,000 Keppel Land50c 17,281,000 Kim Eng 25c 16,687,000 *TanChonglnt50c 14,763,000 DBS Land 12,998,000 Hotung Inv MT5 10,671,000 OUB Foreign 10,349,000 Keppel Corp 9,832,000 Stocks OUB Foreign 42,648,300 Keppel Corp 30,111,050 City Dev 50c 29,267,865 Hotel Prop 27,736.880 Keppel
        347 words
      • Article, Illustration
        Talk of prime rate cuts continues to fuel rally
        651 26  -  STOCK MARKET COMMENTARY Properties soar again while rerating of Creative boosts the STI, which has now broken its 200-day moving average of 1,164 By R Sivanithy [SINGAPORE] The pattern of trading of the past few days repeated itself yesterday, during which
        651 words
      • ON THE GRAPEVINE
        • Article
          Sexy figures in Audrey ?
          105 26 Sexy figures in Audrey NG Tiong Seng Corporation has bought more shares in Audrey International, a company listed on the Malaysian junior board. The company added 7,000 shares to its portfolio, bringing its holding in Audrey to 8.1 million shares. The shareholder did not disclose the reason for the acquisition.
          105 words
        • Article
          Parting kick
          122 26 AXING workers is never easy. But this one company did it in the most brutal way, and out of the blue. It was only last month that the US-based chairman was in town patting the local manager for a good job done because the firm had recently made
          122 words
        • Article
          Cost of flexibility
          112 26 WHILE tycoon Koo Chen-fu is flying high as the top Taiwan official in the recent talk with China, his Chinatrust Commercial Bank is hitting some snags back home. In July, the bank mandated Merrill Lynch to arrange for the issue of up to US$75O million (551.21 billion)
          112 words
        • Article
          So much for transparency
          97 26 THIS was going to be the year for greater transparency in the financial markets as this was what made great financial centres. We were reminded about this need for transparency by a speaker at a Citibank seminar on "New Singapore Strategies for Managing Finance Treasury Centres"
          97 words
      • Article, Illustration
        HOT STOCK
        75 26  -  -by Shiv Taneja SM Summit Holdings closed five cents higher yesterday at 42 cents on a volume of 34.3 million shares, compared with its 10-day traded average of 5.2 million shares. It was the highest volume gainer yesterday on its promotion to the main board. The daily and
        75 words
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      83 18 Strait Talk shippingtimes A For more than 20 years experience in "TRADE FINANCE SERVICES" our company provides you with a tailor made solution to business administration problems such as: Trading companies Service and administration companies Set up a offshore company in The Bahamas, British Virgin Islands etc Back-to-back documentary credits
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      92 19 t you the time of day to the second. Unerringly. It tells you the date. It even tells you how much power it has left. Most of all, it says a lot about Vacheron Constantin's centuries of exceptional craftsmanship. j, Sj r *i. VACHERON CONSTANTIN The world's oldest watch manufacturer
      92 words
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      79 24 THE SWATCH GROUP SE A <S) PTE LTD I O H Q Q T f^^JfS.TTVTT?Q* 438 A Alexandra Road *05-03/04 Alexandra Technopark Lbm I I I vTXX £ik^ Singapore *****7 Tel: *****88 Fax: *****96 I 1 (Ladies) Ref No. L 5.1554.756 Price. 51.395/- MW Ifl I Q\/ I T t
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      55 25 Citibank Margin Trading Account Trade up to 2.5 times your share value or withdraw CASH on it. Call 339-7126 now. THE CITI NEVER SLEEPS It rum Ins .1 t 1 Sh»• n toll U;i > 2h S On h.it <1 K<• ;ul 21 liir•• n a list si »»«.iil i
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      341 26 TO ADVERTISE CALL TOLL-FREE 1800-741 1883 NOTICE IS HEREBY GIVEN that, I CHUA CHING CHONG of Blk 842 Jurong West St 81 #05-179 Singapore *****2, have applied for a Public House. First Class (extended) Licence in respect of M/s ACE PUB located at No. 2 Yuan Ching Road Singapore *****1,
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      607 26 r IN THE MATTER OF THE COMPANIES ACT, CAP. 50 Pursuant to Section 290(2)(b) EDUTECH MEDIA PTE LTD (In Members' Voluntary Winding up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held on 23 October 1998 the following resolutions were duly passed AS SPECIAL RESOLUTIONS: (1)
      607 words
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      Page 26 Advertisements Column 3
      337 26 NOTICE IS HEREBY GIVEN that, I GO ENG CHENG of Blk 38 Lorong 5 Toa Pay oh *01-483 Singapore *****8, have applied for a Beer House, First Class Licence in respect of M/s Ming Xing Seafood Restaurant located at 247 Outram Road Singapore *****7, and that this application will be
      337 words
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      Page 26 Advertisements Column 4
      632 26 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF OPEN SESAME COMPUTER SYSTEMS ASIA PACIFIC PTE LTD (hi CraMon' VaMvy LJqwMaOon) /U an Extraordinary General Matting of Dm mtmbtrt of OPEN SESAME COMPUTER SYSTEMS ASIA PACIFIC PTE LTO, duly convcnad and held at 9 Battery
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      Page 26 Advertisements Column 5
      412 26 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) ANO IN THE MATTER OF SIGNAL INTERNATIONAL CORPORATION (S) PTE LTD (In Members Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company dirty convened and held at tOl-A Upper Cross Street. #11-22 People's Pari* Centre. Singapore *****6 on (tie
      412 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      312 27 Reuters Bridge News, Reuters US food aid mission to Russia stirs an otherwise sluggish market particular for Panamax tonnage, brokers said. Several capesizes were reported fixed with rates continuing to slide in the Atlantic. TANKERS* Further rate gains were made for very large crude carriers from the Persian
      Reuters; Bridge News, Reuters  -  312 words
    • Article
      MARITIME STOCKS
      308 27 SB '000 Oct 11 U W CWT Distribution 0.S1S *0.058 940 Chuan Hup 0.485 *0.01 853 Cosco invostmant ..0.52 *0.025 154 rrtlohtunm 0.20 unch 2596 08 Holding* 0.39 *0.03 1236 Hal Sun Hup 0.45 *0.01 1092 Hitachi Zoson 0.67 -0.005 981 IMC Holdings HK 5.6 Jaya Holdings 0.55
      308 words
    • Article, Illustration
      Lock icon Navix Asia seeks more tie-ups in region
      407 27  -  Company keen on joint ventures in liquefied petroleum gas and bulk shipping By\ Marcus Hand [SINGAPORE] Navix Asia is looking for more joint ventures in the region following its recent tie-up with WorldWide Shipping. Navix Asia's Japan-based parent company Navix Line established a
      CHRIS LOH  -  407 words
    • Article
      Lock icon Calcutta port panel slashes handling charges
      194 27 Reuters [CALCUTTA] The Calcutta Dock Labour Board has announced a sharp reduction in port-related charges for handling traffic. "Calcutta Dock Labour Board has come up with certain path-breaking measures to reduce port-related costs for traffic handling through Calcutta Dock System," the board said in
      Reuters  -  194 words
    • Article, Illustration
      Lock icon Asean shippers chairman aims for global approach
      560 27  -  SHIPSHAPE By\ Marcus Hand AS chairman of the Federation of Asean Shippers' Councils (FASC) for the last two years, Vicharn Nivatvongs has been trying to unite shippers across the region in tackling common problems, and hopes to extend this to global cooperation in
      ARTHUR LEE  -  560 words
    • Article
      Lock icon Indonesians deported due to lack of evidence: China
      270 27 PETRO RANGER HIJACK AFP [BEIJING] China has deported 12 Indonesians sailors, alleged to have hijacked a Ma-laysian-registered oil tanker, after finding insufficient evidence to charge them with smuggling, a foreign ministry spokesman said. The Indonesians were deported on Oct 16 after Chinese
      AFP  -  270 words
    • Article
      Changes in port structure affecting world port agency
      514 27 Association looking into how members' needs can be met [TOKYO] Faced with continuing changes in the management structures of ports worldwide, especially those resulting from privatisation, the International Association of Ports and Harbours (lAPH) is to reassess its approach to meeting its
      514 words
    • Article, Illustration
      Lock icon Adapting to difficult times
      999 28  -  INDONESIAN SHIPPING COMPANIES Economic crisis has had differing effects, with some weathering the storm, while others have had to evolve or sink lhjy Corey Bousen Maritime Asia Depending on who you ask within the Indonesian shipping industry, surviving the ongoing economic typhoon that has hit the
      Maritime Asia; FILE PHOTO  -  999 words
    • Article
      SHIPPING SCHEDULES INDEX
      243 28 PAGE Dongnama 3 ACL 6 ECL 5 Hm 3 Evergreen 6 It Accord 8 Foo S 8 Appenship 5 G Lin Antral 8 GOTMftrans 8 BSA 7 HaiSunHup 8 8 tan, Mas 8 Han <" CCNI 7 H ,n 3 CMA 8 HeU09 Hyundai 7 COSCO 5
      243 words
    • Article
      SHIPPING GUIDE
      18022 35 THEBUSINESSTIMES thebusinesstimes EXPORT I FT A TTA A<*v*rtl«»r V»i$#« VOV*Q# Tfl#P&0Ot ETA ETA Advartlsar Vtsul Voyaga THaphona I ETA ETA Advartlsar VMS*I Voyaga T»l»pnorw E SM Dasfn Nam* Nama Numbar Numbar I SIN Dastn Nama Nam# Numbar Numbaf S WHmmmmmmmHmmmmmHmimmmmmmmHKmmmmmmmmimKmam I I MA< 25/n Djak Lloyd APL EMERALD
      18,022 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        733 39 Vessel Voy Mo Berth Arrival Departure Bintan Baru MX) 198 J02 alongside 2810/2300 Bt Hindi Jay *****8 J01 alongside 28.10/2000 Bt Mm Gt6 S7 *****8 JOI alongside 2810/2000 Bt Sur li *****8 JOI alongside 28.10/2000 C Progress 28/10 J09 alongside 2810/1600 [vermaiesty 1 JOB alongside 01.11/2300 Fareas! Ace
        733 words
      • Article
        CONTAINER SCHEDULES
        1873 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From Ac i D*s, 016* 31/1500 U 26/1500 2S/W5* 28/1900 l» N/1500 28/1*59 21/1900 2A 21/1700 N/0*59 29/0900 21 21/1700 29/0*59 29/0900 29/0700 29/1159 29/1400 4 29/1200 29/1459 29/1700 002W 10/0700
        1,873 words
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        COCKETT BUNKER MARKET REPORT
        1038 39 THIS report compiled by Cocket i Marine OU Ltd shows price ranges In US dollar*. instead of single prices for a more comprehensive description of the market Prices shown are based on average sued stem Market movements are indicated The Cockett Bun ker Price Indei change
        1,038 words
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        GLOBAL HOLIDAYS
        202 39 Oct 31 Finland: All Saint Holiday. Sweden: All Saints Holiday. Taiwan: Birthday of President Chiang Kai-Sek. Nov 2 Luxembourg: All Saints Day Holiday. Mexico: All Souls Day (optional). Nov 3 Japan: Culture Day. Nov 11 Belgium: Amistice Day. Canada: Remembrance Day. France: Amistice Day. United States: Veterans Day.
        202 words
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        VERITAS BUNKER QUALITY REPORT
        575 39 Carbon Oct 22 Ptnslty Wter Residue Ash Ahirolntum Sediment M/M Cl—l »Wi *>»/v %M/M sm/m em .wtiwxi ISO/Cimac limits Spec E25 991 1-0 15.0 0.10 80' 0.10* 1m G35 991 U> 18.0 0.15 80* 0.W Northern Europe 180 Ave 9814 0.1 12.3 0.04 22 0.02 180
        575 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon US court orders return of two seized PAL planes
        442 40 Export-Import Bank seized 8747s while Philippine airline was shut down for two weeks Bloomberg [SAN FRANCISCO] A federal bankruptcy judge has ordered the US Export-Import Bank to return to Philippine Airlines Inc two Boeing Co 747-400s it seized while the airline
        Bloomberg; FILE PHOTO  -  442 words
      • Article, Illustration
        Lock icon Safely of Sydney airport at risk: study
        302 40 AFP [SYDNEY] Sydney's international airport would not be safe for large jets if changes to Australia's air traffic control system were implemented, it was reported yesterday. An expert six-man panel, charged with assessing the changes, could not accept the level of risk posed,
        AFP; FILE PHOTO  -  302 words
      • Article
        Lock icon Cathay's cargo traffic down 10.6%
        77 40 Reuters [HONGKONG] Cathay Pacific Airways Ltd carried 10.6 per cent less air cargo in the first eight months of 1998 compared with the same period last year, according to airline statistics. Cargo carried slumped to 365,971 tonnes in January to August compared to 409,178 tonnes
        Reuters  -  77 words
      • Article
        Lock icon Boeing trims forecast for growth in air cargo traffic
        329 40 Pl&nem&ker expects 6.4% growth over next 2 decades Bloomberg (NEW YORK] The world's biggest planemaker said it expects average annual growth of 6.4 per cent in worldwide air-cargo traffic over the next two decades, down from an estimate of 6.6 per
        Bloomberg  -  329 words
      • Article
        Lock icon Aussie research agency in deal with British Aerospace
        172 40 Reuters [ADELAIDE] Australia's leading research agency said it had signed a research relationship agreement worth up to As2o million (Ss2o million) with British Aerospace's Australian subsidiary. The Commonwealth Scientific and Industrial Research Organisation (CSIRO) said the agreement with British Aerospace Australia (BAeA)
        Reuters  -  172 words
      • Article
        Lock icon Air NZ to bring forward purchase of 6 planes
        152 40 Bloomberg [AUCKLAND] Air New Zealand Ltd said it will bring forward the purchase of six new planes for its New Zealand fleet to October 1999 because it is cheap to buy them early. New Zealand's largest airline, 42.5 per cent owned
        Bloomberg  -  152 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1861 40 CITY FLIGHT ETA FLIGHT CTD $***** 1650 $***** T120 Adaiaida BAT381 1930 8*7382 2050 5 Of81 1930 Of82 2050 "5®" AN8229 2230 UffJJ 2359 LH6380 2230 s °2006 2359 S0229 2230 Falwaka S0989 1715 S0990 0130 Amftardam $023 0645 $024 2320 GtiMfZkM PRC $0803 1915 CZ352
        1,861 words
      • Article, Illustration
        Lock icon Europe's train technology on show
        39 40 [BERLIN] The Swiss and Italian high-speed trains respectively ICN (left) and ETR 500 arriving at station Berlin-Grunewald. The trains will be on display at the "Eurailspeed 98" in the German capital until Sunday. AFP
        AFP  -  39 words
      • Article
        Lock icon Hyundai aims for exports of 1.27 m units
        390 40 AFP [SEOUL] South Korea's Hyundai Group boosted its 1999 auto export target to 1.27 million units from this year's goal of one million following its takeover of ailing Kia Motors Corp. Hyundai, parent of Hyundai Motor Co, said the export objective included
        AFP  -  390 words
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      25 27 Indon shipping firms adapt to difficult times Economic crisis has had differing effects, with some weathering the storm, while others have to evolve. Page 2
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      16 27 A weekly series on shipping companies setting up operations in Singapore through TDB's International Maritime Programme
      16 words
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      Page 27 Advertisements Column 3
      67 27 US court orders return of two seized PAL planes Export-Import Bank seized 8747s while Philippine airline was shut down for two weeks. Back Page Sailing Schedules, j to Asia More. An y destill a t i on, any time. 24 hours a day in the Shipping Guide Fax-On-Deinatid hotline 740
      67 words
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      791 28 t IMPORT ~1 I NORTH AMERICA I L OUWIINDtANS ÜB-CONTINENT SUPER SHUTTLE EXPRESS 1 jGULF KARACHI EXPRESS (OKX) VOYAGE 1 to SM VESSEL I vor I*a omn mm ond kar coi pkg sm oocloritain 19W541 u/i« 01/11 nyk virgo 131 u/10 u/10 14/10 is/10 23/10 27/10 si/10 01/11 OOCL AMERICA
      791 words
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      Page 28 Advertisements Column 2
      763 28 Lines services represented Members of the by Memoers of the Registry of W ■>, a Singapore Freight Forwarders vvQfjjSrv Accredited Shipping Agents Association x°t«» 2/ Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETA PKL ETTA SIN ETA MAI Princess Lih VO69H 02/11 04.11 12/11 Princess UK V 0798
      763 words
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      1030 29 SAX SERVICE (DIRECT) VESSEL VOY SMETA UX OAK DAI HOU Of (XX MO* Ml NYC APISHNB 006 C 2«/10 12/11 16/11 16/11 17/11 16/11 17/11 17/11 H/11 11/11 API TURQUOISE 020E 04/11 19/11 23/11 23/11 24/11 23/11 24/11 24/11 25/11 25/11 AftTOMUMAUNE 021E 18/11 03/12 07/12 07/12 08/12 07/12 OS/12
      1,030 words
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      Page 29 Advertisements Column 2
      1902 29 6?) HANJIN SHIPPING HANJIN SHIPPING fTI ITO hnp //mm hon,* (or. 100(1 NG 32M235 237 SALfS *****24 738 DOCUMENT *****71 274 OfEUTIONS *****41 252 MAIN UNE *****55 FAI 277WM aNO **********0 M TO NW USA A CANADA USA CANADA* FOR VSI/VOY IMM I SM UHHAW/VOT SU~| TTW 0« HpOX ON
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      Page 29 Advertisements Column 3
      301 29 MTtmm —I -i- i iiss 100/I'l|i/n hs/ii i'7/h jii/n IKA4TC PUSA* lISS 120/11J 27/11 120/11 |01/11 |02/ll| lßßfrcußlw I lift I 04/11 I H/ll I 30/11 I 13/11 114/11 I M/it| AiSO ACCIPTIHO CAOOO TO WAMIU Ww« Mt C«*n (Uttr Q lIOOIMOOOON Nnf (WW-2004K (hil 04-16J414* ||KI (TKI CNIOA (CHOI
      301 words
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      1500 30 DSR-SENATOR LINES I TO UK/CONTINENT TO RED SEA/MEDITERRANEAN/CANADA VESSEL VOY SIN LEH HTM AMR HAW BHV FLU VESSEL VOY SM GIT SPt FOS VIC MTR HANJIM VALENCIA WNB44 27 10 13 11 15 11 1( 11 17 11 18 11 19 11 SHANGHAI SENATOR WHM47 29 10 IS 11 17
      1,500 words
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      1136 30 m. am MAH-NELS S PORE M'SIA I Carrier: MN CONTR LINES, INC p. gudang (07) *****26 I I V JOR NO: **********0 C SIBU: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MDN: (61) *****3 KUOtiNG (082)
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      Page 30 Advertisements Column 3
      676 30 S.IJESSELTON LINE TIL: *****56 FAX: *****1 2 MUARA LABUAN VESSEL VOY (It EU VESSB VOT FTD ETA SPORE MUARA SPO«f LIN CAIAKA MB-32 V164/9® 03/11 06/11 CARAKA JNB-32 VIM/98 03/11 07/11 STUAfTS HOPt VJOE/98 05/11 08/11 STRAITS HOPf V3OE/98 05/11 09/11 (ARAKA JNH-32 Vl7l/98 12/11 IS/11 CASAKAMB-32 VI7I/98 11/11 15/11
      676 words
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      910 31 vessel voy sin sip pkg pen pqb dub shj ba bik IRAN BABAEI PJL 1316 02/11 30/10 12/11 13/11 IRAN MATIN PJL 1319 15/11 24/11 26/11 IRAN HESABI PJL 1320 27/11 24/11 07/12 09/12 IRAN BAKERI PJL 1321 03/12 12/12 13/12 IRAN TAKHTI 09/12 19/12 20/12 IRAN SATARI 14/12 24/12
      910 words
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      Page 31 Advertisements Column 2
      2000 31 DIRECT TO ISRAEL 1 IN 13 DAYS I EVERY THURSDAY I I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) *****0^JOHOREOFMt: I COSTAR SNIPPING PTE LTD fiz-os dbs ildg saies/rrgs *****57/60 inward oept (0/0) *****85 COSTAR AGENCIES (M) SDN BHD CRNftH7B7B9OOOOM TOWER TWO (*****9) CONVENTIONAL
      2,000 words
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      Page 31 Advertisements Column 3
      631 31 EASTERN CAR LINER, LTD. ffIJLJ Ea (SINGAPORE) PTE LTD JSZ* I spfOAUZE iw roro a heavy uft UPTO 450 tons] EG. (SINGAPORE) PTi LTD LOAD NG FOR COLOMBO/CHITTAGONG BANGKOK/LAEM CHABANG MV "ORANGE MOON" V.107 MV "ORIENT ULAC" V.16 ETA SIN 01/11/98 ETA CIB 05/11/98 ETA SIN 04/11/98 ETA BKK 07/11
      631 words
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      1476 32 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA [~SGF| ROM ANW HBG THP ZEE LHV LHV THP RDM ANW HBG PKL SGP E DIAMOND RW 002 31/10 13,11 2VII 21/11 23/11 24/11 25/11 I. RACER RE-024 01/10 03/10 02/10 05/10 06/10 29/10 30/10 E DELUXE RW OOS 08/11 27/11 02/12 20/11 30/11 01/12 02/12 E REPUTE RE-016
      1,476 words
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      Page 32 Advertisements Column 2
      1070 32 ADVANCE CONTAINER LINES (PTE) LTD —yV I 140 C dl S,reet #12 0 ML Building. Singapore *****0 AA \~M Li TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E OPERATIONS: *****KV *****05 BANGKOK JAKARTA IWMkly 5 Slgt PAT/2 Sift LCH/1 Sl( NIT) (5 Sailla«t/WMt) VKStI VOT rSW I
      1,070 words
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      Page 32 Advertisements Column 3
      636 32 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA YtSSEI VOT SIN nil DW JW« CPT Ki NANTAJ DRAGON K.009S W/10 07/11 11/11 14/11 IS/II lUWTAI rtIWCE VO2SS 04/11~ 11/11 21/11 72/11 KAWTAi VBHJS YO3OS 12/11 21/11 25/11 21/11 W/ll 02/12 GOLDEN DKAGOW VOOgS 21/11 30/11 04/12 07/12 01/12 NANTAIPMWCESS
      636 words
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      482 33 rjßSAjfcl MHK MYANMA \wßßk FIVE STAR LINE (Myanmor National Line) V l loading for Yangon (Rangoon) VESSEL VOY SIN PKI PIN PGU pinya 157 su> MIRGUI 148W 09/11 MALAYSIA AGCNTS: BOUSTUD SHIPPING AGENCIES KUL Til (03)*****00 PKI: HI (03)*****01 PIN: TH (04)*****02 PGU: Til (07) *****21/4 BANK LINE (A strvk*
      482 words
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      Page 33 Advertisements Column 2
      1639 33 \hmn& 1 HYUNDAI MERCHANT MARINE CO., LTD. IVKSfI VOY I SW I SOU 1 LEH I RTM I ANT HAM I B*V I FH I IVKSII VOT|SOU|ia|RTM|ANT|HAM|MV| IB I il I MOSa 523W 30/10 21/11 20/11 15/11 17/11 APIAUMNO* 3041 05/10 10/10 07/10 00/10 21/10 NOIAGATI 009W 02/11 18/11 19/11
      1,639 words
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      Page 33 Advertisements Column 3
      987 33 norMegor spoaakied txAxaman QoSSKS 10 HOOTH MWIMW «UMU^ nCS "MBO HUVTUft ICTVKI" VlSStl VOY RAMP HEIGHT SIH LAX |«t MIA SAV ML OOF NYC NEW MOO TOBA FS2I 400 Urn 6.3 M IN PORT 25/11 04/12 07/12 09/12 11/12 12/12 13/12 18/!2 19/12 TARONGA FS22 400 Tew 6.3 M 10/11
      987 words
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      886 34 BANGKOK/ MAP TA PHUT/ LAEM CtiABANO JAKARTA/PAN J A HQ VESSEL I VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN BANI BHUM 121N In Pt 01/11 31/10 GURU BHUM 101 SB In Pt 01/11 MATHU BHUM 387N 31/10 04/11 DEJA BHUM 771S 31/10 04/11 YANTRA BHUM" 264N 01/11
      886 words
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      Page 34 Advertisements Column 2
      565 34 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SgMI-COtfPUNERBSP BBMCE ~su VOT I fORI A OAM/R OAM M tURO IRiMEN AKTWMf A VESSEL M/ 12 M/ 1? OMIT «5/«1 TO AUSTRALIA ~"l FULL CONTAINER SERVICE vsi |wrr ]7a-gi BK I t I SYP I HE. I HM I API |nt I AUSTMUJAEMTBVnSE
      565 words
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      Page 34 Advertisements Column 3
      990 34 VESSELS VOY [SW I PW. MLA OOA LEH HTM HAM ZEE SOT VU-E DE AWTARES L2BW 03/11 16/11 22/11 24/11 25/11 27/11 26/11 VW-LE DE VWOO S2BW 10/11 23/11 29/11 01/12 CO/12 04/12 06/12 VM-LE DE VELA N2BW 17/11 16/11 30/11 02/12 07/12 06/12 08/12 11/12 12/12 TBN TBN 24/11
      990 words
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      36 35 DIRECT SERVICE DIRECT SERVICE; TO CALCUTTA T0 MUARA i ,n^oroW Container '"*< Qhio Express Shaping Page 3 Page 5 New Service Direct New Service to To/From Chenna i Chittaqonq Confer Shipping Page 13 (Mon/Wed/Fri) Page 12 (Mon/Wed/Fri)
      36 words
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      47 37 VaTil STE^TkDial74o-6000 Oil GGITISnG (Retrieve more schedules!) Press "1" Select the port and key in SiMbl the four digit code eg: To New York (NYC) 2275 Key in your fax number I your phone number Another innovative service offered by The document Will be Shipping Times I
      47 words
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      144 38 N FREE Reader Enquiry Service cut out and fax to 65-*****29 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 product or
      144 words
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  • Page 39 Miscellaneous
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      Page 39 Miscellaneous Column 1
      146 39 I—ETTTO m *ivj y 7T7^— I ■y/j y I Jf V 10/ ji^E^ LEGEND R Thunderstorm Temperature o Q A, V Shower Weother Wind direction with speed m knots Rom v__) Cloudy Sky Wove Surfoce winds ore indicated by arrows which fly with the wind Cl/ < >ne cifcl re
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