The Business Times, 24 November 1998

Microfilm: NL21356
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    13 1 MITA(P) II (VI2/97 THE BUSINEŚ TIMES SINGAPORE Internet: http://business-times.asial.com.sg/ TUESDAY, NOVEMBER 24, 1998
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  • Article
    MARKET SUMMARY
    37 1 MIHB USU> (+10.83) Dss?<W*" Qjumnuft STOCK KUUDBT QOKSE^ KLSBOW HANGSBNQ 8CTJNOKX mM-~+VU* JAKARTA COUP *MM Manila coup _ua» *mi TAIPWWP! 7JttW -tt» SB06L00HF 4HJI 4/tf CLSACfflJUB IKJB -tun AUBTALL'ORD XHB* *441 12 am EST Ctap
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  • Article
    FINANCE
    70 1 FOKBX BATES UK St U8S UM £<US$/SSper£) L661 17tl DM UN MO YEN 1*7 LSI* KM UN_M* RKS 7.744 Mil MKT KM Mtf KUPfAti 7JW... MB' -'^FiRPl PUDS KATES SINGAPORE* 111 KUALA LUMPUR 1 tltt JAKARTA KM BANGKOK ____147» MAM LA tXM HONGKONG i«J6 TAIPH m SYDNEY Mft TOKYO
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  • Article
    JTC bonds on public offer today at 4.75% rate
    514 1  -  Tender for institutional investors 2.6 times subscribed By Wang Wei Kong [SINGAPORE] Jurong Town Corporation (JTC) yesterday fixed a 4.75 per cent coupon rate for its first $300 million tranche of seven-year public-ly-listed bonds. The coupon rate was based on bids
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  • Article
    KL has sent S'pore draft loan agreement: PM Goh
    754 1  -  By, Anna Teo [SINGAPORE] Malaysia has sent Singapore a draft loan agreement, Prime Minister Goh Chok Tong disclosed in Parliament yesterday. Asked by MPs to elaborate on his talks with Malaysian Prime Minister Mahathir Mohamad in Kuala Lumpur early this month,
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  • Article
    STI rallies by another 2%
    368 1  -  Analysts see some profit-taking but say uptrend will stay through year-end By' Ven Sreenivasan [SINGAPORE] The Singapore stockmarket continued to rally yesterday, with the benchmark Straits Times Index putting on another 29.04 points, or 2.15 per cent, to 1,376.94. This brought the gain to 141
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  • Article
    Lock icon Dow nears record high at noon
    74 1 AFP [NEW YORK] Share prices moved sharply higher in noon trading here yesterday on the heels of announcements of big corporate merger deals. At 12 noon EST the Dow Jones Industrials were up 117.92 points at 9,277.47, nearing its all-time high of 9,367 in
    AFP  -  74 words
  • Article
    Home prices: Kwek sees 5% fall at most
    647 1  -  Hong Leong chief says price drop most likely in projects less than 50% sold By. Ang Wan May [SINGAPORE] Real estate tycoon Kwek Leng Beng yesterday reiterated his view that the residential property market is bottoming out, but added that if it
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  • Article, Illustration
    Lock icon Simex HK index off to encouraging start
    105 1 [SINGAPORE} A colourfulnffirircttthelatihch by the iiT ~t I ofitstmgK?msto?ir~index futures contract, Himsci, at OUB Centre. More thanbSocontmcts were done, which Simepc said was "encouraging Atom left to right: Philip Smiley, managing direct& of JkhSMi Fleming International Securities; Tftbmas Ryan, MD of Goldman Sachs;
    SIEW YAW HOONG  -  105 words
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      93 1 iMimm Trading hours an the HK bourse may be extended to overlap with London trading hoars to enhance Hongkong's position as a regional centre, the Secretary for Financial Services said yesterday, Pvil P»I7 u H aaiM between Indonesia's rival aftalc group* rose to 13 finance therecoMtruction of churches damaged during
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      72 1 Deutsche, Bankers Trust confirm merger talks Deutsche Bank AG and Bankers Trust Corp confirmed yesterday that they were in the advanced stages of talks for the giant German bank to buy Bankers Trust for about USs9.2b, or US$93 a share in caeh JiFuH report, Pg 20 MPs call for measures
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      59 1 The Property Column Lee Han Shih on whether property prices have really bottomed out, Pg4 >; •>, r -i* 1,-* < K I.** ;f At,s i The new adventures OF THE ORANGE BOX. ''.&'.X I r j: 4s^'■ f r r.*t s*V:„ '^ap^w^l*a^pßßiil^li^a^f > i^ <: 1 i t .>>«
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      8 1 Millennium A Copthorne eyes S'pore listing, Pg 17
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Call for measures to offset cuts, stimulate economy
      827 2  -  YESTERDAY IK PARLIAMENT MPs' suggestions include drawing on reserves and cuts in income tax, govt levies, GST Bu- Anna Teo MEMBERS of Parliament yesterday called for stimulative measures like personal income tax cuts to counter the contractionary impact of the proposed wage
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    • Article
      Will $10b get Singapore out of recession, MPs ask
      374 2  -  Call te let seme draw on CPF savings to tide over hard times By I Carol Eng IS the $10 billion package of cost cuts proposed by the Committee on Singapore's Competitiveness (CSC) enough to get Singapore out of the woods?
      374 words
    • Article
      HDB prices, resale levy to stay put
      185 2 NEITHER the prices of new Housing and Development Board (HDB) flats nor the resale levy will be revised, said the Ministry of National Development yesterday. MND parliamentary secretary Koo Tsai Kee said as new HDB flats are still heavily subsidised and overall sales
      185 words
    • Article
      S'pore top mgt pay near US levels
      396 2  -  By l Carol Eng SINGAPORE'S top management salaries are comparable to those in developed countries like the United States, according to figures provided yesterday in Parliament. Manpower Minister Lee Boon Yang said that Singapore's wage costs, in US dollars, are generally higher than
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    • B Brief
      • Article
        QIC has not invested in hedge funds
        76 2 THE Government of Singapore Investment Corporation (GIC) —which manages the government's reserves— has not invested them in any hedge ftind, says Finance Minister Richard Hu in a written reply to a question from Hougang MP Low Thia Khiang. Dr Hu however said he
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      • Article, Illustration
        Good training turover
        77 2 THE various government training programmes continue to maintain healthy ffttftt despite thf economic downturn. Manpower Minister Lee Boon Vang said yesterday. As at end October, the total number of workers in the Skills Redevelopment Programme #as 10,500, more than half the 20,000 target set by the NTDC
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      • Article
        HDB subloţing rules liberal enough
        75 2 THE present rule allowing HOB'S industrial and commercial tenants to sublet up to half of their premises is liberal enough" and will not be reviewed, said Koo Tsai Kee, parliamentary secretary of the Ministry of National Development As to whether the dwelling space of sbop<um-dwelling
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      • Article
        OPF not for financing budget deficite
        70 2 FINANCE Minister Richard Hu yesterday said Central Provident Fund savings will not be used to finance any budget deficit "Where it's necßesary to incur operating budget deficits in order to pay for tax cuts and economic recovery expenditures, the deficits will be financed by
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      • Article
        BEK bills
        74 2 SIX bills were tabled in Parllamentyesterday.These r include the Building and Construction Authority Bill, which will establish a new Building and Construction Authority that will take over the functions of the existing Construction Industry Development Board and the Public Works Department's Building Control Division. Another bill, the Wholesome
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    • Article
      OCBC sells office, shop space at Le Shantier
      173 2 THE OCBC Property Group is launching 12 office and 2 shop units at Le Shantier tomorrow, following the successful sale of its freehold apartments in the same development, located off Balestier Road, earlier this month. With three office units already sold, the
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    • Article
      Asean tourism show has many takers
      160 2 THE response to the next Asean Tourism Forum (ATF), to be held in January, has been better than expected, its organisers said yesterday. A major part of the annual ATF is Travel Exchange (Travex), a trade show. The organisers of Travex '99 the Asean
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    • Article, Illustration
      Lock icon NCB looking for permanent site for Singapore One training
      202 2  -  By: Raja Chellam THE National Computer Board (NCB) is on the lookout for a permanent, central-ly-located mass training site to train Singaporeans on the use of the broad-band Singapore One network. NCB aims to have trained some 100,000 people by June
      ARTHUR LEE  -  202 words
    • Article
      Hurricane Mitch passes S'pore reinsurers by
      272 2  -  By Soh Tiang Keng SINGAPORE reinsurers, unaffected by North American hurricanes Hugo and Andrew during the past decade, have escaped unscathed from the latest Hurricane Mitch the fourth most powerful Atlantic hurricane this century. Phua Kia Ting, chairman of the Singapore Reinsurers Association, told
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    • Article
      UOB joins move to cut prime rate to 6%
      162 2 UNITED Overseas Bank (UOB) yesterday became the latest bank to cut its prime rate to 6 per cent from 6.5 per cent. Only Overseas Union Bank (OUB) among the five local banking groups has yet to revise its prime lending rate
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    • Article, Illustration
      Lock icon Oct consumer prices down 1.7%
      304 3  -  EYE ON THE ECONOMY Inflation By. Andrey Tan CONSUMER prices continued to fall sharply in October, sinking 1.7 per cent year-on-year, figures released yesterday by the Department of Statistics (DOS) show. It was the fifth straight month of decline in the Consumer Price Index (CPI),
      Soure:  -  304 words
    • Article
      S&P affirms top ratings for govt short, long-term credit
      542 3  -  It points to skflfnl diplomacy, financial health, drive to beef up competitiveness By( Conrad Raj SINGAPORE remains one of the best credit risks in the world, according to international ratings agency Standard Poor's. The US-based agency, which has just opened a
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    • Article
      MOUs boost S'pore firms' ties with Mexican state
      209 3 THE stage has been set for closer business links between the Mexican state of Jalisco and Singapore.. The Guadalajara National Chamber of Commerce (GNCC) signed two memoranda of understanding with the Singapore Confederation of Industries (SCI) and the Singapore Chinese Chamber of
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    • Article, Illustration
      Lock icon Beaufort Hotel zeroes in on conference market
      346 3  -  Conferences account for 80% of revenue; targ*tis9o% By] Marissa Chew WHILE hoteliers are still mulling over strategies to haul occupancy levels out of the doldrums, The Beaufort Hotel at Sentosa has its direction clearly mapped out with the completion of its new conference
      ARTHUR LEE  -  346 words
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      103 3 Plan for the future with PRUDENTIAL TOWER a new office at Prudential on one m a building with cost-saving as power supply and It offers panoramic views unparalleled access amenities with a covered walkway to a popular food court underpass to the Raffles Place A lease top floors low rates,
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  • FOCUS: PROPERTY
    • Article, Illustration
      Has property really hit bottom ?
      787 4  - Has property really hit bottom THE PROPERTY COLUMN With so many unoortAin factors In tho market, making firm predictions Is for tho bravo By Lee Han Shih FOR months, developers have been dying to say this. Last week two of them finally did. On separate occasions, Kwek Leng Beng of
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    • Article
      Beits: Know what you're getting into
      492 4  -  UTTER TO THE EDITOR Hans Tjio California, USA Via Internet IN his Property Column (BT, Nov 17), Lee Han Shih pointed out that the introduction of real estate investment trusts (Reits) in Singapore could lead to a deeper and more efficient market. But he
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    • Article
      Lock icon Too many cranes spoil the view in KL
      363 4 IHT [KUALA LUMPUR] A city's vitality has often been gauged in Asia by the number of construction cranes dotting the skyline, and by that measure this city would seem to have one of the region's healthiest economies. Long after construction sites in
      IHT  -  363 words
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      148 4 W Singapore Biggput cf Laxuri^iu. KM jb iiaiiHAAaa r /^^B < Cold Pools m^with pwcfmw W^\Please use car park entrance WL 3 Temasek Boulevard, #05-001 and park al BI red parking Suntec City Mall, Entertainment Centre Mookey (HH4O)orB2 W Zebra (HH39). Singapore *****3 Hours: 10am H#& AH YAT AB ALONE
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      121 4 CHANGI SOUTH FULLY-FITTED OFFICE SFACE FOR LEASE With aircon/false ceiling/partitions 100% move-in condition Ample carpark Available February 1999 Near Changi Airport Very reasonable rental KNIGHT FRANK PTE LTD 228 6894 228 7334 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands
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      191 4 A GRAND NEW APARTMENT HOTEL I OPENS IN THE HEART OF SYDNEY H ■In the heart of the financial precinct H I and close to Circular Quay, The Iw^fekif 1 Rocks and Sydney Harbour. SfiMjHfer* H H Executive accommodation ranging H I from studio to three bedroom I H penthouse
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      692 5 For 30 years, JTC has turned barren land into thriving investments. Now, you could do the same with your cash or CPF. The first statutory board bond* issue open to the public available through Citibank. JurongTown Corporation -as the You also have the flexibility of using your cash Application Procedures
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Internationalise yen, Japanese panel urges
      596 6  -  Asia will benefit from easier access to yen as alternative to greenback, it argnes From. Anthony Rowley in Tokyo LONG talked about but never acted upon, internationalisation of the yen is an idea whose time has come, according to a just-issued Japanese official report. The
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    • Article
      Lock icon Japanese govt official rules out sales tax cut
      128 6 AFP [TOKYO] The government cannot cut sales tax as part of economic stimulus measures, given its tight finances, Chief Cabinet Secretary Hiromu Nonaka said yesterday. "There is no such room (for the sales tax cut) in finances now," Jiji Press news agency
      AFP  -  128 words
    • Article, Illustration
      Lock icon Looking at buffing a career
      61 6 WANtLA] Two unemployed jobseekers looking at a street sign announcing job vacanciesJbr carpenters and masons at a high rise apartment construction site (background) in nearby Makati City yesterday. The country's unemployment rate has soared to 13.3 per cent to total about 4.3 million people. The
      AFP  -  61 words
    • Article
      Lock icon Deflation looms over HK as Oct inflation hits 0.1% record low
      399 6 Official cites reduced price pressures as result of regional financial turmoil AFP [HONGKONG] Hongkong's inflation rate hit a record low in October, data showed yesterday, sparking warnings by economists that the reces-sion-hit territory was on the edge of its
      AFP  -  399 words
    • Article
      Lock icon RAM cuts ratings for Maybank and five others
      275 6 Reuters [KUALA LUMPUR] Rating Agency Malaysia Bhd (RAM) yesterday cut the long-term debt ratings of the country's top bank, Malayan Banking Bhd, and five other financial institutions. The downgrades reflected its concern over deteriorating asset quality and rising non-performing loans amid the
      Reuters  -  275 words
    • Article, Illustration
      Lock icon Thais mulling plan to boost spending, says aide to PM
      327 7 This involves widening '99 budget deficit to more than 3J>% of GDP, he says Bloomberg, AFP [BANGKOK] Thailand is considering a plan to boost government spending widening its 1999 budget deficit to more than 3.5 per cent of economic output
      Bloomberg,; AFP; FILE PHOTO  -  327 words
    • Article
      Lock icon Riots not leading to delay in IMF funds: Ginanjar
      244 7 AFP [JAKARTA] Indonesia's top economics minister yesterday rejected rumours that the International Monetary Fund (IMF) may be considering delaying disbursements of bailout funds after the shooting of students and attacks on Christians in Jakarta. "No I haven't heard about it," Coordinating
      AFP  -  244 words
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      250 7 I ji' lis I, I 1 |W CTffJ I wfti *33m Era >• ¥JsHß| JWr WANT YOUR PACKAGE WAITING FOR YOUR 1 IlljilV lllf VP All packages are important. Bl I lIH I E BwL mJ But some packages really need llr nfl tobeinyour client's hands on IT U| 111
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Jakarta still tense, Habibie urges restraint
      689 8  -  He blames rumours for bloody dashes; death toll rises to 13; markets unfazed Froml Shoeb Kagda in Jakarta AS the death toll from Sunday's bloody clashes between rival ethnic groups rose to 13 yesterday, President B J Habibie expressed concern about the deteriorating social
      REUTERS  -  689 words
    • Article
      Lock icon Australia calls for open, democratic Indonesia
      353 8 CANBERRA Polls a step towards more transparent govt, says Downer Reuters INDONESIA must adopt "a more open and democratic political system" to regain international and domestic confidence essential for economic recovery, Australia's foreign minister said yesterday. Alexander Downer said Indonesia's general election scheduled for
      Reuters  -  353 words
    • Article
      Lock icon Pressure mounts for Suharto's house arrest
      276 8 ■JAKARTA Ex-govt officials, rights groups urge stronger action AFP PUBLIC pressure mounted on the Indonesian government yesterday to put former president Suharto under house arrest to prove its determination to fight graft. Former government officials and rights groups called for stronger action against Mr
      AFP  -  276 words
    • Article
      Lock icon No Thai telecoms changes before Q2 '99: Merrill
      342 8 BANGKOK Reuters THAILAND is unlikely to sort out its complicated telecoms concession system until at least the second quarter of 1999, offering little immediate help to debt-ridden telecoms firms, Merrill Lynch Phatra Securities said. The broker said in a note to clients,
      Reuters  -  342 words
    • Article
      Lock icon Computer files on Anwar labelled X-rated: officer
      602 8 ANWAR'S TRIAL Ummi, didn't deny anything bat asked me not to harm them, he says AFP [KUALA LUMPUR] A prosecution witness told the trial of ousted Malaysian deputy premier Anwar Ibrahim yesterday that computer files containing sexual misconduct allegations against Anwar carried "X-rated"
      AFP  -  602 words
    • Article
      Lock icon KL summons US envoy over Gore's remarks
      193 8 KUALA LUMPUR Speech Amounts to incitement, says foreign ministry AFP MALAYSIA'S foreign ministry yesterday summoned US ambassador John Malott to express its displeasure over last week's remarks by VicePresident A 1 Gore, the official Bernama news agency said. "We reiterated Malaysia's position that
      AFP  -  193 words
    • Article
      Lock icon Opposition parly leader, two others arrested in KL
      143 8 KUALA LUMPUR AFP A MALAYSIAN opposition party leader, a finance ministry official and a factory worker were remanded in custody for eight days yesterday following the latest antigovernment protest over the weekend. Bernama quoted senior police officer Zainal Abidin Ali as saying
      AFP  -  143 words
    • Article
      Lock icon Manila optimistic '98 GDP will be positive
      120 8 MANILA Renters PHILIPPINE Budget Secretary Benjamin Diokno said yesterday he was optimistic gross domestic product (GDP) figures for 1998 would show a small gain over 1997. He told foreign correspondents that third quarter GDP figures, due to be announced later this week, could
      Renters  -  120 words
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      208 8 (5A EEM BE coiyixiECTEoj) The Segem RD7SO with buil-in tax data modem grvee you the freedom to conned to any brand of notebook computer by juat ptoggng into the serial port of your PC. Therefore no expensive PCMCIA cerde or eoflware needed! Ahl ohg la A fitf onmcM IS* as*.
      208 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Li Ka-shing passed up chance to make HK$5b in Aug
      427 9  -  He rejected 'shares loan' to speculators during their attack on HK market From Loh Hui Yin in Hongkong TYCOON Li Ka-shing passed up the opportunity to make a cool HK$5 billion (Ssl billion) when he declined to "lend" shares to
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    • Article
      Lock icon Beijing says difficult to boost foreign investment next year
      229 9 BEIJING Reuters CHINA wiU find it hard amid the Asian financial crisis to post an increase in foreign investment next year after two years of high investment, a senior trade official said yesterday. "After high levels of investment in both 1997
      Reuters  -  229 words
    • Article
      Lock icon China advised to cut forex holdings in US$: report
      183 9 BEIJING Reuters CHINA should cut its holdings of US dollar-denomi-nated foreign exchange to hedge against a possible fall in the dollar, the China Reform News said yesterday. "China should make use of an opportunity provided by the launching of the euro
      Reuters  -  183 words
    • Article
      Lock icon China to strip brokerages of deposits in bid to stop funds misuse
      224 9 SHANGHAI AFP CHINA wiU move aU securi-ties-account deposits to a specialised new bank next year to prevent brokerages from misusing Investors' funds for speculative activities, a central bank official has said. Securities industry insiders yesterday predicted the reform
      AFP  -  224 words
    • Article
      Lock icon China won't devalue yuan next year, says Zhu
      377 9 BEIJING Economy will meet 1998 growth target of 8%; expand at same rate next year Bloomberg CHINA will not devalue the yuan next year, Premier Zhu Rongji told visiting Canadian Premier Jean Chretien, the China Daily reported. Mr Zhu also said China's
      Bloomberg  -  377 words
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      227 9 M w\ J _iWW 0 A A s /1 #jy M v mi## iv« >e■ w\ I w3BEF I J#. Bki^^iß Freedom to move. Freedom of choice. Freedom to expand, to rearrange, to do as you please. That's the beauty of Vario, the ultimate in stackable workstations from Diethelm. It's
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  • ASIA
    • Article
      Lock icon Clinton, Kim fail to resolve row over steel, chip dumping
      451 10 SEOUL No subsidies, says Seoul, exports np on weak won; leaders make progress on W Korea stance AFP PRESIDENT Bill Clinton and his South Korean counterpart Kim Dae Jung succeeded in healing a rift over how to handle North Korea,
      AFP  -  451 words
    • Article
      Lock icon N Korea: N-plant charge a smear attack
      200 10 TOKYO Reuters NORTH Korea hit back yesterday at suggestions it was building an underground nuclear facility, saying the charge was untrue and part of a smear campaign by the US and South Korea. It was the communist nation's first direct response to a
      Reuters  -  200 words
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      Lock icon Inflation emerges as key issue in Indian polls
      486 10 NEWDELHI BJP govt seen t&king hit in tomorrow's state elections AFP INDIA'S political parties fought out the final day of campaigning yesterday for state elections, with inflation, symbolised by soaring onion prices, the key issue for voters. The country's nuclear tests in
      AFP  -  486 words
    • Article
      Lock icon Japan to impose rice import tax?
      242 10 TOKYO Policy reversal, tariff rate could exceed 100%: report AFP JAPAN'S agriculture ministry and central union of farmers are likely to accept 'arififs on rice imports in a turnaround from their policy, a newspaper said yesterday: The ministry and tlu Central Union of Agricultural
      AFP  -  242 words
    • Article, Illustration
      Lock icon Destroyed forests can cause 2nd economic crisis: World Bank
      285 10 CANBERRA Reuters ASIA could face a second economic crisis if the region's increasingly high level of forest destruction is not reversed, the World Bank warned yesterday. World Bank senior environment adviser Ken Newcombe urged Asia to focus on sustainable natural resource
      Reuters; FILE PHOTO  -  285 words
    • Article
      Lock icon ADB head backs Sri Lankan economic policies
      291 10 COLOMBO Reuters THE president of the Asiaif Development Bank (ADB) yesterday backed Sri Lanka's economic policies but said de? cisions made now will be critical for the future. "There has been sound progress on the macroeco; nomic front as a result of pru«
      Reuters  -  291 words
    • Article
      Lock icon Aussie economy set to show healthy growth in Q3
      413 11 SYDNEY Strong consumer, business spending seen giving a boost to GDP Reuters SOLID consumer and business spending helped the Australian economy turn in another healthy performance in the September quarter, confounding the doomsayers, key economic figures due out next week are
      Reuters  -  413 words
    • Article
      Lock icon India delays overseas sale of stake in oil firm
      198 11 NEW DELHI Bloomberg INDIA will delay its sale overseas of part of its stakes in Indian Oil Corp and the Gas Authority of India until markets are stronger, said Minister for Petroleum and Natural Gas V K Ramamurthy. While India will
      Bloomberg  -  198 words
    • Article
      Lock icon Korea steel firms fined for unfair trade
      254 11 SEOUL 18b won fine for 18 firms including state-owned Posco for forming cartel AFP SOUTH Korean steelmakers have been fined 16.2 billion won (5520.8 million) for engaging in unfair trading practices, anti-trust officials said yesterday. The Fair Trade Commission (FTC) accused 18 steelmakers
      AFP  -  254 words
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      47 10 W m fl A\ > .>* 1 r' f s* t This year's Enterprise 50 awards will be presented to the top 50 privately-held firms on 25 November. The Business Times celebrates Singapore's enterprising spirit in a special supplement on Thursday, 26 November, FREE with your copy of BT.
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      7 10 Editorial: Political uncertainty in India, Pg 14
      7 words
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      214 11 SONY. "Hp Briggs, your board meeting with London* New York and Paris Ktes«" I I Introducing the SonyTrinicom 5100 Your multi-site video conferencing When the worid byour office gives you the windows look feel. and you need to be in more than convenient remote controls userone country at a time.
      214 words
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  • THE WORLD
    • Article
      Lock icon EU reaffirms deficit curbs to reassure central bankers
      519 12 BRUSSELS New German finance minister drops calls for cheaper borrowing costs Bloomberg EUROPEAN Union finance ministers moved yesterday to defuse a conflict with central bankers by toning down demands for lower interest rates and pledging to hold their budget deficits in check
      Bloomberg  -  519 words
    • Article
      Lock icon Tietmeyer hints at room for German interest rate move
      383 12 BERLIN He says it will depend on ECB assessment in Dec -AFP BUNDESBANK president Hans Tietmeyer yesterday appeared to signal that there might be room for a potential move in German interest rates after all. Speaking in an interview on the
      -AFP  -  383 words
    • Article
      Lock icon Jiang holds talks with ailing Yeltsin in hospital
      361 12 MOSCOW Leaders discuss burgeoning'strategic partnership' Reuters IN what must rank as the world's first hospital summit, Boris Yeltsin held longplanned talks with Chinese President Jiang Zemin yesterday at the Central Clinical Hospital where he is recovering from pneumonia. The Kremlin put a
      Reuters  -  361 words
    • Article
      Lock icon Mexico official against capital controls
      241 12 MEXICO CITY Reuters THE collateral economic damage caused by imposing capital controls outweighs their benefits to emerging economies seeking to protect themselves from global financial crises, Mexico's central bank chief said on Sunday. 'To overcome the risk of contagion from the crisis to which emerging
      Reuters  -  241 words
    • Article, Illustration
      Lock icon Euro watch
      32 12 [LECTOURE] A technician of the Lip factory in Lectoure, in south-east France, checking a Eurolip watch on Friday. The Eurolip contains a currency converter and carries the Euro symbol. AFP
      AFP  -  32 words
    • Article
      Lock icon US unlikely to go into recession, govt figures to show
      455 12 WASHINGTON Bloomberg THE US economy expanded at a faster-than-previously estimated pace, suggesting a severe slowdown isn't on the horizon, revised government figures probably will show this week. The gross domestic product, the total output of goods and services, probably grew
      Bloomberg  -  455 words
    • Article
      Lock icon GDP in ex-Soviet states to shrink 5.5% next year
      518 12 LONDON Russia will be worst performer with 7% contraction: EBRD Bloomberg ECONOMIES across the former Soviet Union will shrink by 5.5 per cent next year, their worst performance in five years, because of Russia's financial troubles, while economic growth will climb
      Bloomberg  -  518 words
    • Article
      Lock icon Impeachment: New Speaker sees quickie vote
      353 12 WASHINGTON Reuters INCOMING House Speaker Bob Livingston predicted on Sunday that the US House of Representatives would need only a couple of hours to debate and vote on the possible impeachment of President Bill Clinton. If the Republican-led Judiciary Committee sent articles of impeachment
      Reuters  -  353 words
    • Article
      Lock icon Top UK firms urge early euro entry
      280 12 ■LONDON Reuters A GROUP of top company bosses yesterday called for Britain to join the single European currency soon after it is established in January 1999. In an advertisement in the Financial Times, 100 pro-euro British business leaders said joining European economic and
      Reuters  -  280 words
    • Article
      Lock icon EU votes to lift ban on British beef
      253 12 BRUSSELS AFP EUROPEAN Union agriculture ministers voted 10-1 yesterday in favour of lilting the worldwide embargo on British beef, imposed in March 1996 because of fears of "mad cow" disease. The move signals the drawing to a close of one of the
      AFP  -  253 words
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      Page 13 Advertisements Column 1
      36 13 Introducing Moodeo from the World of Ford. i i%* Jj. f* s < xc. -jf -j? v r ;<.?.g• '>V\ v jHRIRP^ A Whole New Sense of Drivinq Performance. .Us*- .jg^r Have you driven a Ford lately?
      36 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Islamic banks offer lesson in risk-taking
      771 14  -  THH BOTTOM LOT OPINION By Said Abdullah The writer is a Journalist with the BT Foreign Desk PROPONENTS of Islamic banking are convinced that the still largely untested two-decade old system can provide a lesson or two to the conventional banking community on transparency
      771 words
    • Article
      IN OTHER WORDS
      87 14 'With others in the region still struggling, Japan and only Japan can lead Asia back to stability and growth by meeting its own economic challenges.' -Bmcfata in his message to Japan at the end of his visit to Tokyo last Friday. The presumption that the creation of
      87 words
    • Article
      More uncertainty in India
      689 14 EDITORIAL THIS week, some 83 million people in India will vote in four state elections which are widely considered to be a referendum on the performance of the government led by the Bharatiya Janata Party. All the indications are that the BJP will get trounced. This
      689 words
    • Article, Illustration
      The Achilles bed In Malaysia's bank rescue
      888 14  -  Plan scares in addressing balance sheets concerns but lacks new cask to re-taild the banks Bui Meera Tharmaratnam The writer is a correspondent in BT's Kuala Lumpur bureau WHILE Malaysia has made some announcements about purchasing bad debts and injecting funds to revive
      888 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      1127 14 SHOULD protectionism again rear its ugly head in the United States because of competition from increasingly cheaper imports, Japan could once more be an easy target Tokyo was the scapegoat for Congress when it was an economic giant in the late *****, and the US felt
      1,127 words
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      545 15 IMt'l |h Imm? I rtU it 'N Cats' Mews/ Cilik Cats' Mm ii li«4if ClissifitJ tkit *ttkia4. J CATS. Where to wine, dine and entertain... "t (o|aa Join us for our delicious Cantonese buf?et and partake in the best "Siew Lap", "Sar Pbh" and "Tang Thong" (BBQ dishes, daypot dishes
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      Page 15 Advertisements Column 2
      100 15 24-hour Coffee House Ist floor The Chicken Rice Capital Of The World -Oj~ MM HI C_ 333 Orchard Road. Singapore *****7. Tel: 737 4411 Surf the net for only $8* per hour in the relaxing comfort of the Lobby Lounge. And don't forget the complimentary snacks and buy-one-get-one free drinks
      100 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      714 15 TV&BAPIO PMwlMliS 7.00 News 5At Seven. 5J5 Touring Holland. X3O PMTV Innovations. 7J# monfc LUCa$ Ray Majin flero Wataru. V 430 Sesame Street. aoo Under One Roof (See MmU Mechanics For OurCMf,). IX3O PM Response T\T^ boa fantain 7pd and Thp Triple Nine. 2.00 TV Innovations. 5.30 captain Zed and
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    • Miscellaneous
      Page 15 Miscellaneous Column 2
      338 15 CBTPTIC CROSSWORD 1 Do the French provide a job seeker's allowance? (4) H|| HH |H 3 One who comes out against an —HHH—JH ■MHL_JHL_JH__ examination for a worker (10) 8 Place to make a bad mistake company (6) Hi 9 Attempt to get more the sec- io ond time around
      338 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon A Virgin virgin gets bowled over
      1698 16  -  ■HWMH- THOMPSON-NOEL admits it: He was grumpy when he got to Necker Island, but the charms of Bransonland won him over quickly MICHAEL THOMPSON-NOEL THERE is no point visiting Necker Island, Richard Branson's idyllic north-eastern Caribbean hideaway, if you lack humour and playfulness, for
      FILE PHOTO  -  1,698 words
    • Article, Illustration
      Lock icon Muhammad Ali, a self-made myth
      829 16  -  King Of The World: Mohammad Ali And The Rise Of An American Hero By David Remnick Random House, US$25 336 pages BOOKS Reviewed by Patti Waldmeir FT AMERICA has plenty of self-made men. Muhammad Ali is more than that: he is a self-made myth. Out
      FT; FILE PHOTO  -  829 words
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      625 16 I K christiania bank SINCAFOM BRANCH Head Office: P.O. Box 1166 Sentrum, 0107 Oslo, Norway Singapore Branch: 331 North Bridge Road, #21-01 Odeon Towers, Singapore *****0 BALANCE SHEET STATEMENT OF INCOME FOR THE YEAR As at 31 December 1997 Ended 31 December 1997 Assets 1997 1996 1997 1996 i Cash
      625 words
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      3 16 Strait Talk ShippTngTimes
      3 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      216 16 THE WEATMEK Singapore: Showers with thunder in the predawn hours mainly over Northern, Eastern and Western Singapore. Temperature (30/24 C) AjU-Ptdllc bo/Hl* 8/19 doud\ Stockholm 4/3 doudy Auckland 13/21 doudv Mecca 2ft "31 cloudy Vienna 4/® Bangkok 23/28 fair Zurich W cloudy Bqpßg -5/0 sno* Europe Lo/Hl* Cood. Bombay 25/33
      216 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Himsci not affecting business: HKFE
      837 17  -  672 contracts traded; Simex defends regulatory, margin differences BySi By Slow Li Sen in Singapore and Loh Hul Yin in Hongkong THE Singapore International Monetary Exchange yesterday launched its controversial Hongkong futures contract, notching up a first-day trading volume of 672 contracts. A Simex statement
      SIEW YAW HOONG  -  837 words
    • Article
      HK bourse looking at extending trading hours
      478 17  -  Honrs may overlap with London to take European orders From. Loh Hui Yin in Hongkong TRADING hours on the local bourse may be extended to overlap with London trading hours to enhance Hongkong's position as a regional financial centre, the Secretary for Financial
      478 words
    • Article
      B-Toto looks like a good bet, but it's not without risks
      691 17  -  HOCK LOCK SIEW Ruth Wong IF recent corporate earnings in Malaysia have been disappointing, one could perhaps seek refuge in gaming-based Berjaya Sports Toto (B-Toto). At a time when the sales of other numbers betting operators are slipping, B-Toto's
      691 words
    • Article
      Millennium & Copthorne eyes S'pore listing
      495 17  - Millennium Copthorne eyes S'pore listing By Ang Wan May (SINGAPORE] Tycoon Kwek Leng Beng is planning a secondary listing in Singapore for Millennium Copthorne (M&C), his London-listed European and American hotel arm. He's also on the look-out to buy up equity stakes in hotels to expand his hotel management chain.
      495 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Marco Polo interim profit jumps 10-fold to $30m
        465 18  -  But results fall short of halfway mark of analysts' full-year forecast of $84m By: David Boey [SINGAPORE] Property developer and hotelier Marco Polo Developments Ltd yesterday reported a 10-fold jump in profits to $30.71 million for the six months to Sept 30,
        FILE PHOTO  -  465 words
      • Article
        Lock icon Metro Pacific denies gaining control of PLDT
        385 18 Bloomberg [MANILA] Metro Pacific Corp, the Philippine flagship of First Pacific Co, yesterday denied that it has bought a controlling stake in Philippine Long Distance Telephone Co, calling a newspaper report on the purchase "purely speculation". First Pacific already has a stake in
        Bloomberg  -  385 words
      • Article
        Lock icon Creative surges on share buy-back
        334 18 Reuters [SINGAPORE] Multimedia firm Creative Technology Ltd's shares surged more than 8 per cent to a high of 5528.20 yesterday on its share buy-back programme, analysts said. The counter closed at 5527.70, up 551.70 on a turnover of 407,900 shares. "The buy-back gives Creative the
        Reuters  -  334 words
      • Article
        KLW bags $10.3 m of new deals
        333 18  -  Company expects to meet sales target for current year By David Boey [SINGAPORE] Mainboardlisted door and timber flooring specialist KLW Holdings yesterday announced it has secured $10.3 million worth of new contracts, adding that it is poised to meet its sales target for
        333 words
      • Article
        TAS disbarment: Teledata protests its innocence
        488 18  -  Chairman defends management in note to shareholders %< Conrad Raj [SINGAPORE] Mainboardlisted telecommunications company Teledata (Singapore) Ltd continues to protest its innocence in its failed tender for a mobile phone licence here which led to the Intraco subsidiary being barred from all government contracts
        488 words
      • Article
        SembCorp utility project gets $244 m syndicated loan
        200 18  -  Wong Wei Kong [SINGAPORE] Sembawang Utilities and Terminals, in which listed SembCorp Industries has a 45 per cent stake through SembCorp Engineering, has secured a $244 million syndicated loan to finance the first phase of its multi-utility project on Pulau Sakra, SembCorp
        200 words
      • Article
        Lock icon KL to decide if UEM unit gets toll rate hike
        174 18 AFX-Asia [KUALA LUMPUR] The cabinet will decide whether toll rates for highways, including the North-South Expressway managed by United Engineers Malaysia Bhd's unit, PLUS, should be increased from Jan 1, The New Straits Times reported. It quoted Works Minister S
        AFX-Asia  -  174 words
      • Article
        Lock icon Sanyo Securities to file for bankruptcy
        213 18 -Bridge News [TOKYO] Sanyo Securities Co has decided to formally file for bankruptcy after the failure of its restructuring efforts, a Japanese newspaper reported yesterday. The medium-size Japanese brokerage house had applied for court protection from creditors last November as it sought to rebuild
        -Bridge News  -  213 words
      • Article
        Lock icon HK energy firm CLP Holdings' profit jumps 41%, powered by property sales
        410 18 Bnt provisions for payment defaults could hit QKssom Bloomberg [HONGKONG] CLP Holdings Ltd, Hongkong's largest electricity company, said net profit rose 40.9 per cent to HK$B.l4 billion (Ssl.7 billion), or HK$3.2B a share, for the full year ended
        Bloomberg  -  410 words
      • Article
        Lock icon Salomon upgrades UOB to a 'buy'
        136 18 Reuters [SINGAPORE) Salomon has upgraded United Overseas Bank to a "buy", according to a research note received by Reuters yesterday. In the note dated Nov 11, Salomon said the bank's lower risk and stronger returns are expected to gain market recognition. UOB moved to
        Reuters  -  136 words
      • Article
        Lock icon Theme selling stake in firm to raise HK$90m
        208 18 Bloomberg [HONGKONG] Hongkong retailer Theme International Holdings Ltd said it plans to raise HK$9O million (Ssl9 million) by selling its entire 40 per cent stake in stocking maker Fitlady Investment Holdings Ltd to a third party. The unnamed purchaser will buy 8
        Bloomberg  -  208 words
      • Article
        Lock icon Uraco chairman cuts stake
        74 18 lovy awiu i.u Reuters [SINGAPORE] Uraco Holdings Ltd chairman Ng Kok Heng has reduced his stake in the company to 14.84 per cent from 19.38 per cent, according to changes in shareholding declarations made to the Stock Exchange of Singapore. Mr Ng sold about 14.5 million
        lovy awiu i.u Reuters  -  74 words
      • COMPANY Briefs
        • Article
          Lock icon UOB partners Amex in Vietnam
          47 18 Reuters [SINGAPORE] United Overseas Bank said yesterday it signed an agreement with American Express Co to allow UOB's merchants in Vietnam to accept Amex cards. UOB started its Vietnam credit card merchant acquiring business in Ho Chi Minh City in 1996. Reuters
          Reuters  -  47 words
        • Article
          Lock icon Renong in talks to sell Park May stake
          80 18 Reuters [KUALA LUMPUR] Renong Bhd said yesterday that it is in talks to sell a stake in its bus operating associate, Park May Bhd. "In reply to the Kuala Lumpur Stock Exchange's query, the company informs that parties have approached Renong Bhd
          Reuters  -  80 words
        • Article
          Lock icon Beijaya Group asks for trading halt
          31 18 Bloomberg [KUALA LUMPUR] Berjaya Group asked for its shares to be halted from trading pending an announcement. Berjaya shares last traded at 65 sen. Bloomberg
          Bloomberg  -  31 words
        • Article
          Lock icon Dividend payout to non-residents in US$
          59 18 AFX-Asia [KUALA LUMPUR] Camerlin Group said it will pay the 3 per cent interim dividend to non-resident shareholders in US dollars. Separately, Tasek Corp also said it will remit its 7.5 per cent final dividend to non-resident shareholders in US dollars. Payment to residents
          AFX-Asia  -  59 words
        • Article
          Lock icon Innovest investment in Congo on hold
          79 18 AFX-Asia [KUALA LUMPUR] Innovest said it will hold off further investment in timber concessions in Congo until stability is restored. Director of finance Ch'ng Teck Slang said work on its highway concession has been scaled down since civil war broke out. It will also
          AFX-Asia  -  79 words
    • REGIOMAL/iTERNATIOMAL COMPANIES
      • Article
        Lock icon America Online may buy Netscape for US$4b in stock
        434 19 AOL also in talks with Sun on marketing and development deal Bloomberg [DULLES, Virginia] America Online Inc (AOL), the No 1 online service, is in talks to buy Netscape Communications Corp for more than US$4 billion (556.5 billion) in stock, people
        Bloomberg  -  434 words
      • Article
        Lock icon Hoechst, Rhone-Poulenc close to merger
        192 19 AFX AFX Asia [BONN] Hoechst AG and Rhone-Poulenc are discussing the final details of an 80 billion Deutschemark (Ss77 billion) merger that would create the world's largest pharmaceutical and agrochemical group, according to the German financial daily Handelsblatt. Due diligence has already been completed, but
        AFX; AFX Asia  -  192 words
      • Article
        Lock icon Goodman Fielder buys Bunge's Aussie assets
        416 19 As42Bm deal will create Australia's largest bread maker and flour miller Bloomberg [SYDNEY] Goodman Fielder Ltd agreed to buy Bunge International Ltd's Australian baking and milling assets for As42B million (*****.2 million), creating Australia's largest bread maker and flour miller. The purchase gives Goodman
        Bloomberg  -  416 words
      • Article, Illustration
        Lock icon Aussie union protests against French MNC
        56 19 [SYDNEY] Australian Manufacturer Workers' Union members from the Riverina Wool Combined company yelling slogans in a demonstration outside the building of their employers' French parent company, Chargeurs, in Sydney yesterday. The workers were protesting against the multinational company's attack on their wages, conditions and
        REUTERS  -  56 words
      • Article
        Lock icon Siebe buys BTR as engineering companies consolidate
        309 19 Share swap will create firm with market cap of £7.6b, annual sales of £8.7b Bloomberg [LONDON] Siebe pic, a UK engineering company, said yesterday it will buy BTR pic, a maker of car and industrial parts, in a share swap that will create
        Bloomberg  -  309 words
      • Article
        Lock icon S'pore Power loses bid for Australia's CitiPower
        126 19 Bridge News [SYDNEY] AEP Resources Inc, a subsidiary of American Electric Power, is to acquire Australia's Victoria statebased electricity distribution and retail sales group, CitiPower, for Asl.7 billion (SII.B billion). The deal ends Singapore Power's bid its third so far to enter the
        Bridge News  -  126 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Deutsche, Bankers Trust to vote on merger on Nov 29
        547 20 Banks confirm merger talks in advanced stages; German bank to pay US$93 cash a share AFP Reuters Bloomberg Bridge News [NEW YORK] Deutsche Bank AG and Bankers Trust Corp confirmed yesterday that they were in the advanced stages of talks
        AFP; Reuters; Bloomberg; Bridge News  -  547 words
      • Article, Illustration
        Lock icon Deutsche Bank risks culture shock in acquisition
        432 20 NYT [FRANKFURT] As chairman of Deutsche Bank AG, RolfErnst Breuer has few illusions about the risks of a big expansion. After all, Mr Breuer has spent most of the last two years trying to repair the damage from the last big move. As
        NYT; FILE PHOTO  -  432 words
      • Article
        Lock icon UK, US pension funds tie up for better corporate governance
        343 20 Giants C&lpers, UK's Hermes plan to beef up shareholder voice FT Reuters [LONDON] Company managements on both sides of the Atlantic will face renewed shareholder pressure with two of the largest institutional investors in the US and the UK joining
        FT; Reuters  -  343 words
      • Article
        Lock icon Fleet seen buying Sanwa's US unit
        303 20 Bloomberg [BOSTON] Fleet Financial Group Inc has agreed to buy Sanwa Bank Ltd's US finance company for more than US$7OO million (551.14 billion), increasing its equipment leasing and financing business, three people familiar with the transaction said on Sunday. Sanwa, Japan's fourth largest lender,
        Bloomberg  -  303 words
      • Article
        Lock icon S Korean Chohung Bank to announce 3-way merger
        230 20 Bridge News [SEOUL] South Korea's Chohung Bank is likely to announce a three-way merger this week with Kangwon Bank and Hyundai Merchant Bank but not with Chungbuk Bank as Chungbuk is still hesitant about the idea, a spokesman at Chohung Bank told
        Bridge News  -  230 words
      • Article
        Rally in futures continues
        219 20  -  SfMTSX Report MSCI Singapore Index Edward Cheung, Jardine Fleming THE rally that started last week carried on to this week with the MSCI Singapore Index gapping higher on the open at a price of 205 in the spot November contract and hitting an early morning high
        219 words
      • Article
        Futures post losses with stocks
        141 20  -  MSCI Taiwan futures Cecilia boh, Refco Singapore THE Simex MSCI Taiwan Index futures were unable to sustain its rally, posting a loss of 1.70 points. The benchmark stock index plummeted 53.85 points on reports that the Taiwan economy is heavily clouded by financial troubles. Financial
        141 words
      • Article
        Lock icon Oil remains stuck at low levels
        281 20 ENERGY REPORT Reuters (LONDON] World oil prices remained under pressure yesterday as the Organisation of the Petroleum Exporting Countries appeared to hit a dead-end in its bid to revive prices running at 20-year lows. Tension between Iraq and the United Nations over the weekend
        Reuters  -  281 words
      • Article
        Lock icon CURRENCY REPORT
        260 20 AFP AFX-Asia London THE US dollar continued to be firm against the mark in afternoon trade, as further gains on Wall Street fuelled buying sentiment on the US Unit, dealers said. They said optimism about equities was so strong that both Wall Street and the Brazilian stock market
        AFP; AFX-Asia  -  260 words
      • Article, Illustration
        Untitled
        1270 20 nrrERBAMK CROSS RATES AOV23 A$ C$ Rmt) ECU ffr Qui IXte Nplah Yen Won BW *2$ Pafc »s Peso S$ Uai Sfr »T$ Hmt US$ Australia 0.990 6.178 0.553 3.647 1.088 4.961 27.154 48.209 0.774 7.970 2.434 1.197 ***** 25.415 1047 1608 0.196 20.783 23.192 OJtt 0.641 Canada 1010 5.368
        1,270 words
    • Article
      COMMODITY PRICES
      1764 21 jPCOM FUTURES Nov 23 RUMCI (Mm ctesnq m at S J0*») ISS1 CONTRACTS cMtsAf) CtOM Votoaw Open Mowtfc Hjgfc Law Sett (towns) Interest OK 98 m.50 450 Jan 99 H2.25 550 Fe6 99 niOO 925 Mir 99 114.75 1175 Apr/Jun 99 119.00 Tie.75 119.00 900 2550 ■M/Sep 99
      1,764 words
    • Article
      WORLD STOCK MARKETS
      2303 21 LONDON MntrWs In 23 Natl 31 Croup 553.000 *11*00 AB Poets 297.000 *12.000 Abbey Sat I on 4 i 1340.000 47.000 Allt«0 Domecq 521.600 5.600 Allied Zurich 820.000 35.600 Am« 165.000 0.600 AkU Croup 157.400 1.000 BAT Ind 538.000 -0.200 80 Pic 425.000 ***** BICC 69.000 7.600
      2,303 words
    • Article, Illustration
      Lock icon JAKARTA
      729 22 AFP Composite Index +2L34 SHARES closed 5.3 per cent higher yesterday despite riots in the capital the previous day which left 13 people dead. "This is a liquidity-driven market. Foreign funds continue to flow into the market while local investors also continue to switch their money into stocks on
      AFP  -  729 words
    • Article, Illustration
      Lock icon HONGKONG
      1540 22 Reuters >1 Hug Seng +28L17 STOCKS kicked off the week on a bullish note, closing yesterday sharply higher on the back of index major HSBC Holdings which echoed its strong performance overseas, brokers said. The Hang Seng Index gained 281.17 points, or 2.75 per cent, to finish at a
      Reuters  -  1,540 words
    • Article, Illustration
      Lock icon CHINA
      633 22 Reuters n Shenzhen Binder -OJO SHENZHEN'S hard currency B shares closed sharply lower yesterday as foreign investors shifted funds into rising Hongkong stocks, analysts said. The B Share Index lost 0.90 of a point to 62.02 on turnover of HK$6 million. "Short-term foreign funds in the B share market
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  633 words
    • Article
      Lock icon TAIPEI
      371 22 AFP □WPlndei -5188 TAIWAN share prices fell 0.7 per cent yesterday as investors locked in profits from sharp gains last week, dealers said. The Weighted Price Index fell 53.85 points to 7,312.26, following a 0.2 per cent decline in the previous session. "Investors took profits from last week's gains.
      AFP  -  371 words
    • Article
      Lock icon WELLINGTON
      253 22 AFP pjWjJiwifltim ♦MISS SHARES closed up 0.5 per cent yesterday, fuelled by a strong performance on Wall Street at the week-end. The NZSE-40 Capital Index, which topped 2,000 during the day, closed up 10.33 points at 1,986.56 on total turnover of NZ592.20 million. »r>2} m COOP) ANZ Banking 12.30
      AFP  -  253 words
    • Article, Illustration
      Lock icon BANGKOK
      769 22 AFP HSETMbi +18.50 THAI share prices climbed 5 per cent yesterday, boosted by buoyant sentiment overseas and optimism that Thailand was on the threshold of economic recovery, dealers said. The SET Index closed up 18.50 points, or 5 per cent at 390.43. Eleven million shares changed hands worth 12.8
      AFP  -  769 words
    • Article
      Lock icon MANILA
      298 22 AFP QHuiU +8087 PHILIPPINE share prices jumped 4.4 per cent yesterday to a five-month high on the back of a stronger week-end close on Wall Street and a stabilising peso. The Philippine Stock Exchange Composite Index rose 80.57 points to 1,922.26. Total shares traded reached 902.31 million shares worth
      AFP  -  298 words
    • Article
      Lock icon SEOUL
      410 22 AFP SOUTH Korean shares fell 0.7 per cent yesterday on selective profit-taking, with weaker futures prompting selling in the spot market, dealers said. The Korea Stock Exchange Index closed down 3.45 points at 453.95, off a low of 446.40 and a high of 458.17. The benchmark corporate bond yield
      AFP  -  410 words
    • Article
      Lock icon SYDNEY
      596 22 AFP HAH Ordinaries +410 SHARES closed up 1.6 per cent yesterday thanks to a move higher on Wall Street at the week-end and gains by key banking stocks. The All Ordinaries Index, closed up 44.0 points at 2,747.6. The All Industrials Index jumped 80.6 points to 4,845.0 while the
      AFP  -  596 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Local buying pushes up shares
        387 23 AFP Composite Index +KMB MALAYSIAN share prices closed 3.4 per cent higher yesterday buoyed by local buying support and speculative interest on cheaper stocks, dealers said. The Composite Index finished at 477.17 points, up 15.61 points. The Second Board Index was up 10.99 points to
        AFP  -  387 words
      • Article
        Untitled
        8801 23 INDUSTRIALS Ctntwmr pnAxli *940 Lest Vat Day Ntt Cap High Law Company $al« 000 Mlg* J.aw HI %m» 3tO 170 Apnomoto 2T0 5 10 276 270 14.9 109.4 14B 35 Angkasa 70 4 48 70 67 103.2 290 123 Apollo Food Hlg 236 16 1 236 236 S.2 94.4 388
        8,801 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
        2511 24 BONDS, LOAMS t WARRANTS 1998 Last Vol Day Lift Oust* Avg Htgh LOW Stno Company Sat* «or COOO) High LM Bu»«r S«M*r Me* 20.5 3 3160 *Acar ******1 USS 13 -0.5 407 16 13 13.5 14 95 4.5 3164 Acma W*****4 IB »0.5 1446 19 17.5 18 18.5 15 3161
        2,511 words
      • Article
        Electronics counters worth a closer look
        186 24  -  WARRANT WATCH By Ven Sreenivasan ELECTRONICS stocks have been laggards during the current market rally. While the broader Straits Times Index has surged 71 per cent since the beginning of September, the 23-stock SES Electronics Index has run up by only around 44 per
        186 words
      • Article
        CLOB INTERNATIONAL
        218 24 HOMKOM STOCKS Or Cr 1998 Last V« Day Ust Ouata Wv Mv TM N* M Cap Mtqft Law Stno Company Sata COOP) HM» L— Buyf Saiar CV 1> M Vnt 400 250 5123 CDt-<2000)HK 400 8.0 2.4 2.0 20 5 7744.7 5124 Cathay Pac 20t MX—720 265.0 2.1
        218 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7202 25 Transaction date: Nov 23 Of Or M Wt 1998 Last Vol Day Last Quote Otv Dtv VM Net Cap Avg H.qh Law StNo Company Sal* COOOI High Low Buyer Sailor H C'»r P/E Smil Prlca MULTHNDUST1Y 142 49.5 ml 1000 AcmaSOc 83.5 OS 23)5
      7,202 words
    • Article
      SESDAQ
      1307 25 Cr Gr M Wt >998 Last Vol Day Last Ouote Dlv Olv VM Nat Cap Avg HHII La» StNo Company Sata COOO) MH» Low Buyar te8er CV P/I |g Price MANUFACTURING 243 30 e 2049 AS Auto 10c 129 »17 1S766 130 111 129 130 15.0N 7.0 1-2 12-2
      1,307 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Untitled
        327 26 Stocks Volume Wing Tai 25c 28,482,000 SingTel 15c 23,765,000 Brilliant 8c 22,562,000 Uraco HldgslOc 19,684,000 Liang Huat 10c 18,342,000 AS Auto 10c 15.766,000 *TanChonglnt50c 15,426,000 MMI Hldgs 10c 13,141.000 PCI 25c 12.822,000 Hotel Prop 11.933,000 Stocks SingTel 15c 63,138,948 SPH 42,737.873 Wing Tai 25c 35,743,960 DBS Foreign 27,115,656 UOB Foreign
        327 words
      • Article, Illustration
        Electronics counters power STI's rise
        610 26  -  STOCK MARKET COMMENTARY Creative hogs the limelight; brokers unanimous that the undertone is firm with funds flocking in ahead of the year-end Ven Sreenivasan [SINGAPORE] Stocks easily managed to absorb a bout of intra-day profittaking yesterday, as fund managers continued to buy into selected indexlinked
        610 words
      • ON THE GRAPEVINE
        • Article
          Four-in-one
          154 26 PROPERTY speculators in real-estate crazy Hongkong can come from any profession, as property tycoon Li Ka-shing discovered recently. Of late, there has been some concern about developers in Hongkong suing homebuyers who fail to pay up for their purchases. But some speculators do not really deserve much sympathy. Citing
          154 words
        • Article
          A sensitive position
          167 26 AT yesterday's launch of the Singapore International Monetary Exchange's rival Hongkong stock index futures contract one VIP guest declined to comment when queried by a reporter about the spat between Hongkong and Singapore over the issue. The VIP, a senior executive of Jardine Fleming, told the reporter
          167 words
        • Article
          Never say never
          61 26 ASKED to comment on news that Volkswagen might be making a bid for BMW, a VW board member told a reporter from this paper: "There's no such thing." Asked if the two had held talks recently, he said: "Never." But after a five-second pause, he asked, probably
          61 words
        • Article
          TotUi events a click away
          82 26 ALL youth activities organised by the People's Association Youth Movement can now be viewed online, thanks to a service provided by home-grown firm, CalendarONE. Once users go to the PA's Web site at www.paym.org.sg, they can go to www.CalendarONE.com and check the date and time
          82 words
      • Article, Illustration
        HOT STOCK
        75 26  -  by' Wong Wei Kong SINGAPORE Telecommunications rose 13 cents to $2.68 yesterday Volume was 23.7 million shares compared with the 10-day traded average of 972 million shares The daily and weekly RSI charts suggest further upside, and this is supported by the daily and weekly MACD charts. But
        75 words
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      221 17 Wynton Marsalis, the most acclaimed jazz composer of as well as distinguished classical performer. Recipient of the Grand Prix du Disque jSk I France, Edison Award-Netherlands, 23 i Honorary Doctorates, and 1997 Pulitzer V.^ V Prize for Music: The first ever for jazz. f maker some the acclaimed timepieces in
      221 words
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      235 19 Like capturing ill ideas as fast as you 1 can write them down. lllg I Like focusing attention on the I |T*Af VA ff ri/SrH I on taking notes. H I T I n I Formerly a military secret. Finally available to a select few. i .-vJMf^ V J\l K
      235 words
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      26 21 ♦The Tokyo market was closed yesterday for a holiday Mondays By Vikram Khanna Wednesdays By Yang Razali Kassim fiWIMA wATUff Thursdays By Lu Ning TheßusinessTimes I
      26 words
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      67 22 MONT° S9c T r>°', L Especially since we are always short of time, Itfl should give ourselves gifts of time W#: handcrafted articles that are the result of lots of time and attention to detail. Montblanc Boutiques Writing Instruments Watches Leather Jewellery Eyewear if r V** //F {/i**ies firt a
      67 words
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      587 24 > TO ADVERTISE CALL TOLL-FREE 1800-741 1883 MONTAGUE BATANTA PTE LTD (In liamhaf' Uriiw#*fy I ini«rtat>rtw[ NOTICE OF RNAL MEETING Notice s hereby given pursuant to Section 306 of Ihe Companies Act Cap 50 that a Final Meeting of the Members of the Company wi be held at 101 -A
      587 words
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      Page 24 Advertisements Column 2
      43 24 I wanna WfeaK* 6 if it's time you take a break, explore the Travel Section in the Classified. Whether it's a leisurely cruise, a free 'n' easy adventure, or a convenient packaged tour, visit Classifications 570 to 599 for a wide choice. CATS.
      43 words
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      Page 24 Advertisements Column 3
      55 24 Make mountains out of molehills. With so many fine educational and upgrading opportunities in The Straits Times Classified daily, it's no wonder our readers are inspired to scale the heights of knowledge. Advertise in the Education/ Training section (Classifications 703 to 794). Call C.A.T.S. at 1800-737-1166. fa I CATS I
      55 words
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      38 25 b y w SflfaU finance Hot |j ne 32 g g l6B C Sh Dep S,tS Investment Cars Ang Mo Kio Te| 458 42 22/4333 H j| I 299 8800/8855 "ll—.' SINGAPURA Vessels TC C,S BUILDING SOCIETY LTD <
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      330 27 Bridge News Reuters TRADING slowed in all areas of the mar ket with rates little changed for Panamax tonnage, brokers said. Most now conceded that both the Atlantic and Pacific capesize markets have weakened with early promise in the Atlantic unfulfilled. Yesterday's Biffex Index fell two to 962.
      Bridge News; Reuters  -  330 words
    • Article
      MARITIME STOCKS
      291 27 1MM i wM R MMMMP M W W CWT Distribution.. 0.475 ♦0.005 133 ChuanHup 0.54 *0.015 433 Co*calnv*»tm*nt .0.52 unch 14 FrptaMUntu 0.199 *0.01 2569 68 Aiding* 0.445 -*0.01 155 Hal Sun Hup 0.455 *0.01 299 HtUcNZOMfl 0.69 *0.029 1449 IMC HaMlngs —HK 5.60 Jpya Holding* —0.999 *0.019
      291 words
    • Article, Illustration
      Lock icon Reported piracy incidents in Asia fall in Jan-Sept
      554 27  -  But region accounts for highest number of attacks in the world: maritime bureau By\ Feliz Chan [SINGAPORE] The number of reported piracy incidents in Asia fell by almost a third in the first nine months of the year, the International Maritime Bureau
      Source: UOB  -  554 words
    • Article
      P&0 Nedlloyd Q3 profit up 20%
      183 27 Better result dne to cost savings and rise in cargo volumes [SINGAPORE] Third-quarter results for P&O Nedlloyd show an operating profit of US$3O million (SSSS49 million), up 20 per cent on the same period a year ago. The increased profits were attributed to cost
      183 words
    • Article
      Transport federation campaign hits Port Klang
      196 27 [SINGAPORE] Malaysian dock workers joined in the International Transport Workers Federation's (ITF) AsiaPacific campaign against open registry ships at Port Klang. ITF claimed port operators tried to muzzle the dockers' media campaign. The Malaysian flag is itself likely to come under increasing scrutiny despite
      196 words
    • Article, Illustration
      Lock icon HK shipping lines warn against govt intervention
      318 27  -  Warning comes after shippers complain over rise in lines' fees and charges From David Taylor in Hongkong THE long-running dispute between shipping lines and shippers has led to shipping lines warning against any government intervention. Hongkong Liner Shipping Association (HKLSA) chairman, Neil Russell
      FILE PHOTO  -  318 words
    • Article
      Wah Kwong interim falls
      96 27 [HONGKONG] Operating profit at Wah Kwong Shipping Holdings dropped to U557.46 million (5512.1 million) in the six months to Sept 30, from U5516.49 million in the previous year. A depressed dry cargo market was blamed for the almost 55 per cent fall. The tanker market had
      96 words
    • Article, Illustration
      Lock icon Ensuring industry is bug-free
      1188 28 SINGAPORE PORT AMD THE MILLENNIUM RUG The following is an excerpt from a speech by Minister of State for Communications John Chen at an MPA seminar THE year 2000 will usher in a new millennium heralding a new age of possibilities marked by remarkable advances in
      FILE PHOTO  -  1,188 words
    • Article
      SHIPPING SCHEDULES INDEX
      236 28 PACE Dongnama 3 ACL 6 ECL 5 AN I 3 Ewgretn 6 U Accord 8 FowxjSun 8 Appenship 5 L,nk Austral 8 Gemartrans 8 Balaji Shpq 4 HaiSunHup 8 BSA 7 Hanqli 7 B'tanq Mas 8 H *>J' n 3 CCNI 7 Heung-A 7 CMA 8 Hyundai
      236 words
    • Article
      SHIPPING GUIDE
      18057 35 THEBUSINESSTIMES THEBU sinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Te4ephone ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Name Name Number Number SIN Oest'n Name Name Number Number V >' V u To BRISBANE (BNE) 2058 Australia To ABIDJAN (ABJ) 2003 Cot* D Ivolre oi/u 30/12 cosco bing
      18,057 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        723 39 Vessel Voy No Berth Arrival Departure Jurwig Pert Aulia Seraya 4798 JOS akmgsMt 23.11/2000 Brilliance 8 J23 ak>nqsK)« 0)12/0700 8t Cab Indrj *****8 JOI ilongsk* 24.11/0815 81 JaOalR2 *****8 JOI alongside 24.11/0800 8t Mekar *****8 JOI alongside 24.11/0615 8t Soati *****8 JOI alongside 24.0/0800 Bt S«ir k *****8
        723 words
      • Article
        CONTAINER SCHEDULES
        1852 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From AO Vial* 094* 24/1800 1* 23/1500 23/1659 23/1900 IB 23/1500 23/1659 23/1900 Mini I UHM 25/0400 M 23/1500 23/1659 21/1900 ia 23/1500 23/1659 23/1900 2* 23/1700 24/0659 24/0900 2a 23/1700
        1,852 words
      • Article
        GLOBAL HOLIDAYS
        207 39 Nov 26 United StatesThanskgiving Day. Nov 30 Philippines: Bontacio Day. Deo 8 Austria: Ammuculate Conception Deo 12 Mexico: Virgin of Guadalupe (optional). Dec 23 Japan: Emperor's Birthday New Year Holiday. Deo 24 Finland: Christmas Eve. Dee 25 Nether land: Christmas Day. Mexico: Christmas Day. Fin land: Christmas Day.
        207 words
      • Article
        COCKETT BUNKER MARKET REPORT
        940 39 THIS report, compiled by Cockett Marine OU Lid. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-sued stem Market movements are indicated The Cockett Bun ker Price Index change and the
        940 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        517 39 Carton MO Mm 993.2 a7 17.4 0.10 59 0.05 Nov 20 Density Water Residue Ask Aluminium Sediment No above E25 1 0 2 0 0 0 380 Ave 987.4 0J 15.0 0.06 30 0.02 En« 380 Mai 995.2 0.8 19.3 0.11 61 0.06 »M/« mt ■g>g
        517 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        PAL glad to be back alter its 'roller-coaster' ride
        463 40  -  Airline getting back to speed after closing down dne to labour stoppages Reports from Felix Chan in Manila A TURBULENT roller-coast-er ride that was how Phil ippine Airlines (PAL) officials described the series of events over the last four months which
        463 words
      • Article
        Lock icon Cathay jet in forced landing
        119 40 AFP [HONGKONG] A Cathay Pacific plane on an AucklandHongkong flight was forced to make an emergency landing in Sydney after the plane's pressurisation system failed, an airline spokeswoman said yesterday. The Airbus A-340 jet was diverted four hours after leaving Auckland on Saturday when the
        AFP  -  119 words
      • Article
        PAL getting back to schedule
        177 40 [SINGAPORE] Following the relaunch of trans-Pacific services on Oct 29, Philippine Airlines (PAL) will bring its international schedule up to speed over the next month. After a 13-day closure, the carrier took to the international skies again with four weekly A 340-300 flights on the
        177 words
      • Article
        Lock icon Continental gets labour deal
        218 40 Last major accord could help airline in Northwest tie-up bid Bloomberg [NEW YORK] Continental Airlines Inc said it reached a three-year labour agreement with the union representing its 3,000 machinists, as the fifth-largest United States airline cements its last major labour agreement. The labour peace could
        Bloomberg  -  218 words
      • Article
        Lock icon No slump: Swissair CEO
        170 40 Reuters [ZURICH] The crash of Swissair Flight 111 has not led to any major downturn in passenger bookings and the airline expects to show a growth rate of as much as 14 per cent In 1999, chief executive Jeffrey Katz said in a newspaper interview. "We've
        Reuters  -  170 words
      • Article, Illustration
        Lock icon Lean pickings ahead in China
        280 40 Low demand means tough battle ahead for Boeing, Airbus AFP [BEIJING] Aerospace giants Boeing Co and Airbus Industrie are battling it out for orders in China as demand slows, official media reported on Sunday. A sharp decline in air traffic and passenger demand in the
        AFP  -  280 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1697 40 CITY MIGHT ETA FLIGHT JTD LH778 1650 S026 2355 AfciOfcaM CVT94 2300 N***** 1650 IH779 2359 MataMa 6*7381 N30 6*7362 2050 S***** 1650 N***** 2359 0F81 1930 0fB2 20H J"® M20W AN8229 2230 1 LM6380 2230 MUm 5WW IT30 S0990 Otg $0229 2230 SaaagfcaaMC 50*03 1915
        1,697 words
  • Page 27 Advertisements
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      22 27 S'pore port and millennium bug Minister of State for Communications John Chen speaks on need to ensure industry is bug-free. Page 2
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      Page 27 Advertisements Column 2
      540 27 OP A TEA The Singapore Shipping Association Emery Worldwidehas creat- \\A tii ve (SSA) is holding the following two ed three new appointments VVfl I ALAS tea talks this month: within its newly established A a-iu rtn logistics and international pK ta 5121*222?^ services department. m h Richard Zabtockl has
      540 words
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      Page 27 Advertisements Column 3
      114 27 PAL gladly returns after bumpy ride Philippine airline getting back to speed after closing down due to labour stoppages, lack Pa#» ■in lull "r- -5* Bf*" r j £«xSM >3 •>* «■-<<» 1 ~mW 4 an Visa Freight Services Pte Ltd The Global Vision in Total Transportation Regular Groupage LCL
      114 words
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      764 28 .i I IWWIM—X I I OULftmOtAH MM-CONTIMNT I [SUPER SHUTTLE EXPRESS jQULF KARACHI EXPRESS (QKX) VESSEL VOYAGE LGI 5T""""" VESSEL VOY j JtA MM lAH MO RAR C(X KG SIN SSJJJJI 11/11 06/12 n m(X Ml" 11/11 13/11 13/11 15/11 10/11 24/11 23/11 20/11 OOQ BRITAIN 20W547 24/11 13/12 NTH
      764 words
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      Page 28 Advertisements Column 2
      730 28 Lines services represented u.. w HUM tFMembersofthe "KOI* Members of the Registry of f«i •>, Singapore Freight Forwarders Accredited Shipping Agents Association Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETAPKL ETA SIN ETA MALE Princess Ul> V 6798 27/11 28/11 16/12 Princess Llh VOK9* 25/12 26/12 63/61 LILY
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      1057 29 SAX SttVKE (DIRECT) vcsa VOY SHETA UX OAK PAL HOU 01 COl MB* ATI NYC mug ooTt 2s/n 10/12 15/12 is/12 i>/n 15/12 it/n »6/n »y/n iy/12 Aft GAWP 0071 02/12 17/12 22/12 22/12 23/12 22/12 ~~237TT~ 23/12 24/12 24/12 AWSWNR 0071 09/12 24/12 29/12 29/12 01/12 29/12 01/12 01/12
      1,057 words
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      Page 29 Advertisements Column 2
      1821 29 HANJIN SHIPPING HANJIN SHIPPING (S) PTEITO hi* //wm hwp com BOOKING 32M*****7 SAIfS *****24 131 DOCUMENT *****71 274 OKUJWfi 3M0341 752 MM UNC *****55 f/U 7774H0 a NO: **********QM TO NW USA A CANADA USA fIVfAPA* fmvsi/vo? UM umhaui/voy sa nw on m T~oi p«p m on mm nt m
      1,821 words
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      Page 29 Advertisements Column 3
      479 29 9M 11 cO NT Aj N ■■II IBP PIDHATID «■KVI < I VESSft W_ Jjß_ PRC SIR «t ffl. USA JUS_ Iffgß IW I SIR 1 PKS Ijßjfl 1 W IJW I I KMTC UISAM JMS_ 27/N 04/1? W? M/T2_ W/l? ||8 I Sfll I 1111 \M\\ Sfll 1 WTCK&UNG
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      1480 30 DSR-SENATOR UNES TO UK/CONTINENT TO MEDITERRANEAN/CANADA VtSStl VOT SIM LEH HTM MB WW IHV fU VESSEL VOY Ml CIT SPE EOS H.C MTB PUS WASH SENATOR WNM 2411 1112 1312 14.12 IS 12 1112 1712 IBN 2JUOOUN WMSSI 24 11 1312 15 12 17 12 Hl2 25 12 HANJIN DALIAN
      1,480 words
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      Page 30 Advertisements Column 2
      1054 30 a«MAC-HELS S'PORE M'SIA I Carrier: MN COHTR UNES, INC P. GUOANG: (07) *****26 I I l\ J CMI HOe **********0 C StBU: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31)*****0 P. KELANG: (03) *****77 JKT (21) *****07 MON: (61)*****3 KUCHiNG (082) *****1-3 DUBAI PENANG/PORT KLANG
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      Page 30 Advertisements Column 3
      675 30 JESSE LTON LINE r TIL: 2M3454 PAX: ISMIIS MUARA LABUAN vnsa voy m> ru vessel vor no eta spore MUM A SPORE UN CARAKAJMB-37V18E/9B IS/11 28/11 CABAKA JNIII-32 VIBE/98 2S/11 J9/11 STRAITS HOPE V32E/98 JO/11 03/12 STRAITS HOfE V32E/98 30/11 05/12 CABABANBB-32V191/98 04/12 07/12 CAIAKAJNB-32 VI9I/98 04/12 08/12 STRAITS HOPE
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      811 31 VESSEL VOY SIN SIP PKO PEN PQB PUB SHJ IBA BIK IRAN HESABI PJLI32O 25/11 06/12 05/12 07/12 09/12 IRANVAHDAT PJLI32S 08/12 18/12 17/12 19/12 21/12 TBW 12/12 22/12 21/12 23/12 25/12 IRAN SATTARI PJLI323 24/12 03/01 02/01 04/01 05/01 IRAN BAKERI PJLI32I 01/01 11/01 10/01 12/01 14/01 PQB= Mina
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      Page 31 Advertisements Column 2
      1931 31 TO ISRAEL I IN 13 DAYS I EVERY THURSDAY I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAT TH: 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD #i7-oiDts hog sales/bkgs 420SSS7/60 inward dipt (o/o) *****1S COSTAR AGENCIES (M) SDN BND TOWEyWQjO6MO9) CONVENTIONAL_j_42OSRSO/SS T/SHPMT DEPT *****25 TEL: 02-07-35
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      Page 31 Advertisements Column 3
      691 31 i EASTERN CAR UNER, LTD. IE EQ. (SIHGAPQRE) PTi LTD II SPfOAUZE m ROUP 4 HEAVY LIFT UfTO 450 TOWS ECL (SINGAPORE) FT! UD LOAD NG FOR BATANGAS/MANILA/KEELUNG PORT KLANG/BONTANG/JAKARTA MV "OCEAN LEO" V.19 MV "GOLD INDUS" V.4 ETA SIN 22/11/98 ETA BTG 27/11/98 ETA SW 25/11/98 ETA PKL 27/11/98
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      1378 32 EUROPE/UK/SCAMDtNAVtA/FIMLAMD/RUSStA SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP E. OIAOEM RW 003 29/11 17/12 22/12 18/12 20/12 21/12 22/12 E RENOWN RE 031 29/10 31/10 31/10 02/11 03/11 29/11 E. DAINTY RW-008 06/12 20/12 26/12 27/12 20/12 2S/12 30/12 E RESULT RE 022
      1,378 words
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      Page 32 Advertisements Column 2
      1088 32 ADVANCE CONTAINER LINES (PTE) LTD AP I 140 Cadi Stmrt, #12-00, PIL Building, Sinoaoore *****0 TEL: *****21, FAX: *****19, TELEX RS ***** ACLPL ————CR NO. **********0E OPERATIONS: *****60* *****05 BANGKOK JAKARTA <«"»'*%sii» mn sm tew 1 »n «mt) B«ihh»/w» vtssa I VOY «N I MO( vissa Ivor I «n "1
      1,088 words
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      Page 32 Advertisements Column 3
      647 32 /C~7 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vtssa "vot~ sin rtu m jw» cpt to NANTAI PRINCESS VO2SS 21/11 14/1? 17/12 11/12 NANTAI QUEEN V.031S 01/12 1W 21/1? ~24/lT 2S/1? W/iT NANTAI DRAGON V.OIOS 11/1? 2S/12 01/01 05/0) 04/01 NANTAI PKINtt V.026S 27/12 10/01 13/01 14/01 NANTAI
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      Page 33 Advertisements Column 1
      494 33 i BSA i. «M MYANMA wBBk FIVE STAR LINE (Myaiinar National Lilt) Loading for Yang or (Rangoon) Vissa VOY SIN FKI PEN PGU PINY* 157 SLD SITTWE 83W SIO MALAYSIA AGENTS: lOUSTIAD SHIPPING AGENCIES KUL TIL (03)*****00 PKL: Til (03)376*101 PfN: TEL (04)*****02 PGU: Til (07) *****21/4 BANK LINE (A
      494 words
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      Page 33 Advertisements Column 2
      1563 33 HMNEHYUN^^AERCHANTJJAARINECOj^tfD^^^^^^ ivpsa voT «]¥Ti rtm awtj ham mvj m [vessel votisou|ibi|bim|amt|mam|mv| fe I ttl I NOLAMAZOHTE 019W 26/11 14/12 11/12 16/15 17/12 HOC 52* 07/11 06/11 01/11 03/11 24/11 LALOMf 524W 27/11 11/12 18/12 13/12 15/12 HYCOMMOOOtE 31SE 02/11 07/11 04/11 05/11 26/11 HYGENERAI 31SW 30/11 16/12 17/12 11/12 22/12
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      Page 33 Advertisements Column 3
      963 33 Bl non*«g*xi spenalized oukxarnen ©@^(3(5 Wilhelmsen Lines TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" I VESSEL VOY RAMP HEIGHT ilk I LAX CRL MIA SAV BAI 0«F MYC KW MOO TAMO F823 400 Tons 6.3 M 28/11 24/12 03/01 06/01 08/01 10/01 TT7ol 1270T 16/01 11/01 TOURCCMNG FS24 400
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      901 34 BANGKOK/ MAP TA PHUTI LABM CHABAMOI JAKARTA/PAN JANQ VESSEL VQY SIN BKK MTP LCH~ VESSEL VOY SIN JKT PJN CHANA BHUM" 45N IN PT 27/11 ANRO GOWA' 060 In Pt 28/11 XETHA BHUM 260N IN PT 28/11 27/11 THANA BHUM 314S 25/11 28/11 NANTA BHUM" 421N 25/11 28/11 29/11 GURU
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      Page 34 Advertisements Column 2
      543 34 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SgMt-COWTAtfCRHIED BBIVICE VSI »0T P«m I A'Dm/I'Dml H'KJtC I MUWM I mtwiir j AVISSfI 15/17 tt/lt I H/17 I OMff I OS/II TO AUSTRALIA FULL COKPUNER SERVICE va lywlnw m fri m stp m m wwpwßaoK lis »/n a/n w/n 11/17 u/n 20/17 MWBITBHWI
      543 words
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      Page 34 Advertisements Column 3
      942 34 VESSELS [VOY I» 1 PKI MLA LEH RTM HAM 7CT VM£ O'ORION Y3OH QIAI2 02/12 14/12 21/12 22A12 23/12 25/12 2^12 VWXE OE MM4OSA V29W 08/12 21/12 28/12 30/12 OVOI QS^oi VU-E 06 TANYA T2BW 16/12 28/12 O&OI QB/Q1 WW \flLL£ OE TAURUS A29W 23/12 04W 11/01 12AM 13AM iS6i
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      Page 34 Advertisements Column 4
      16 34 CONVENTIONAL/BREAKBULK SERVICE LOAOINO FOR CALCUTTA M.11.H LOAOINO POO BANOKOK/BOMBAY LOAOINO POO DUBAI/M IN A OABOOf 36.11.08
      16 words
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      52 35 New Service to Middle past MEXICAN UNE TRANSPORTACION MARITIME MEXICANA, S.A. de CV. IA/an 14 a 5 1 Is Now with Ben Line Agencies on Page 8 p age 5 f New Service to Calcutta/Haldia direct service to Calcutta Qw? shipping SAMUDERA SHIPPING LINE Page 12 (Mon/Wed/Fri) Pa 8 e
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      Page 37 Advertisements Column 1
      48 37 VaTal Dial 740-6000 OR QGHISIId —(Retrieve more schedules!) SJO Press-r Select the port and key in SIKJ 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 S JLJ
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      153 38 f 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
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      177 39 'J* v I T L J I I 1 1 w l IKf rViL 1 >: -A fi 111. V m f J 4 U U I "-J -•%s■■•"' 1 7 L i/\i* a* Tmw t i —rmnnTirnfflHh™linnigßTTmiii Awwfi iiiini n«m ■inn towlM I *T *1 y* 1 [Regional Weather]
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      Page 40 Advertisements Column 1
      132 40 -businesscentre Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. Shipping Times BUI et more on these dynamic 1 The Best In The SEAPEX Exploration Conference, I Q, {M nro f Oil &CM 2- 3 December 1998 IjbOgl STICS OCA IO lG I
      132 words