The Business Times, 1 March 1999

Total Pages: 48
1 48 The Business Times
  • 21 1 THE BUSINESS TIMES MITA(P) 046/12/98 85c S 1 N G A P O R E Internet: http://business-times.asial.com.sg/ MONDAY, MARCH 1, 1999
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  • 61 1 STOOL MAMET DfDICES Week Change STI 1,411.91 +37 60 SIMSCI FUTURES ...209.20. +9.80 BTSRI... 564.44 14.43 KLSE COMP..... 542.23 -23.06 NIKKEI 14,367.54...+ 269.50 HANG SENG. 9.858.49...+604.37 SET INDEX. -340.94 +4.37 JAKARTA COMP .396.09 -7 93 MANILA COMP 1,965.06. +38.42 TAIPEI WPl ..+246.19 SEOUL COMP 520.06. -2.12 CLSA CHINA
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  • 80 1 FOBEX BATES us$ ss USS 1.727 (USI/SS per 1.600 .2.763 EURO<USJ/S$ PER E) 1.099 1.898 DM 1.780 0.970 YEN 120.3 1.436* KM .3.800 0.454 HKI 7.748 0.223 BAHT MM 0.046 RUPIAH 8,860 0J8T SI to 100 units PRIME RATES SINGAPORE* Jim KUALA LUMPUR 11.50 JAKARTA .28.00 BANGKOK 14.75 MANILA..
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  • 582 1  -  Move may result in the founding Chiarapurk family giving np control of company Byi Conrad Raj [SINGAPORE] Jack ChiaMPH's board of directors have sought the help of a financial adviser to enhance its share value, a move that might lead to control
    Source: Bloomberg  -  582 words
  • 524 1  -  FCC, CityDev among property developers to cut prices to boost slow sales By Marissa Chew [SINGAPORE] At least 260 units were snapped up over the weekend as several property developers relaunched a slew of homes with price-cuts after the Chinese New Year festivities.
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  • 1092 1  -  Catherine Ong {SINGAPORE] Singapore Cable Vision (SCV) Ltd is mulling over a plan to repackage its channel offerings so as to lower the entry price of subscribing to cable TV here. But the plan is being resisted by many of
    CHRIS LOH  -  1,092 words
  • 1076 1  -  Poor preparation of aid projects leads to slow disbursement From 7VI Anthony Rowley in lokyo THE US$3O billion (5551.6 billion) in aid known as the New Miyazawa Initiative which Japan has pledged to provide to five Asian economies is running into problems
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  • 729 1 AFP [KUALA LUMPUR] Former Malaysian police chief Abdul Rahim Noor admitted through his lawyer yesterday that he beat up ousted deputy premier Anwar Ibrahim when he was taken into police custody last year. Mr Abdul Rahim's lawyer, Teh Poh Teik, told a
    AFP  -  729 words
  • Page 1 Advertisements
    • 324 1 PTSIPE It's rati prat* n«w TeeYihJia may be the largest popiah skin maker in the world but its sole owner no longer believes in the future of the staple product, Pg2 Manufacturing boost Manufacturing output rose 10 per cent year on year in January on the back of a 23.4
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  • SINGAPORE AT HOME & ABROAD
    • 468 2  -  Strong showing due partly to low base, fewer production days in Jan 1998 By3< Jennifer Lien MANUFACTURING output rose 10 per cent year on year in January on the back of a 23.4 per cent jump in electronics output. The latest index of
      FILE PHOTO; Source: EDB  -  468 words
    • 1111 2  -  Tee Yih Jia's aim is to break into Western markets liy Carol Eng TEE Yih Jia may be the largest popiah skin maker in the world but its sole owner no longer believes in the future of the staple product which brought him growth
      CHRIS LOH  -  1,111 words
    • 345 4  -  FYE ON THE ECONOMY Outlook By, Anna Teo TAKING a bearish view of the 1998 fourth-quarter gross domestic product (GDP) numbers, Barclays Capital says the economy is unlikely to bottom out until the middle of the year, and forecasts a 1.1 per cent fall
      Source: Barclays Capital  -  345 words
    • 163 4 A QUARTER of small and medium enterprises are confident the Singapore economy will recover in the third quarter of this year, a survey by the Temasek Business School and the Association of Small and Medium Enterprises (Asme) has found. The majority, or 72
      163 words
    • 520 4  -  COMMENTARY BUDGET' 99 Emotionally It's disappointing but rationally the strategies and incentives announced on Friday are sound By Pok Soy Yoong The writer is director of taxes at Ernst Young. He contributed this piece to The Business Times THE 1999 Budget has come, and gone. Many
      520 words
    • 177 4 NATIONAL Development Minister Lim Hng Kiang said he is "in the dark" about whether he would be replacing Finance Minister Richard Hu soon. Asked if he would be drafting next year's Budget, Mr Lim, who is also Second Finance Minister, told reporters yesterday afternoon:
      177 words
    • 441 4  -  Sacrifice needed, so don't expect to keep pre-recession lifestyle: Hng Ki&ng By, Jennifer Lien THE government cannot be expected to help Singaporeans keep up the same lifestyle that they had before the recession, National Development Minister Lim Hng Kiang said yesterday. "You can't
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  • Page 2 Advertisements
    • 374 2 PfTi UNIVERSITY OF the university of Hull Vif SOUTH AUSTRALIA °SL "One of the Most Established in Singapore!" "Ranked Among Australia's Best Universities" HA mm Post-MBA Research Specialisms: m :s llfltC MM •Project Management H H f Info Session U M (Wed, 3 Mar '99) H •IT and Electronic Commerce
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  • Page 3 Advertisements
    • 237 3 fhi v «k j|A'' S yf H js3*r >>• My I J I v-•*•-- Ca =vk v ...Ts -i v --f 1 Mr Klaus R Gerritzen Senior Vice President and Generai Manager. Asia Pacific Region. Westdeutsche Landesbank I "At Centennial Tower, the efficient and courteous I services provided by enable
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    • 55 5 I g Where's the most luxurious l hotel I between here and Sydney? W r WL m L v o||| I pj- S jjb. BfT I i .till -/la 9* H I iJHI 1 m iM wk I w&w? i ss -i"{ 'm 3F lll&^"^K^i^' f ik ISfo t. J®
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  • ASIA'S ECONOMIC SLUMP
    • 786 6  -  Political pressure leads to cut in sales target from USs2.sb to USsl,sb: minister From Shoeb Kagda in Jakarta AMID resistance from certain political quarters, Indonesia has sharply revised downward the revenue it hopes to raise from its privatisation programme to US$l.5 billion (552.6 billion) in
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    • 526 6 Analysts cite fall in foreign investment, fund-raising woes NYT [NEW YORK] Last summer, when the yen plunged to more than 140 to the US dollar, investors were worried that the weak yen would force the Chinese to devalue the yuan. And that, analysts
      NYT  -  526 words
    • 67 6 [YANGON] A market shop-owner and his wife carrying plastic replicas of Coca-Cola bottles atone of the main markets here last Saturday. Many products appear freely available in the Myanmar capitals market stalls but observers say people are cutting back on essentials as P rise due
      AFP  -  67 words
    • 674 6 Growing deficit could cause a sell-off in US asset markets and problems for Asia Reuters [SINGAPORE) The Asia crisis has brought dire problems for the region's economies but the silver lining has been a dramatic improvement in current account surpluses,
      Reuters  -  674 words
    • 349 6 Reuters [JAKARTA] Indonesia insisted yesterday that last week's eleventh hour delay of the day of judgment for its stricken banking sector was not forced by political pressure and was simply a case of not being ready on time. The government was
      Reuters  -  349 words
    • 228 6 Reuters [BANGKOK] Thailand's struggle to revive its crisishit economy is being bogged down by slow and costly efforts to solve problems within its troubled banking sector. Analysts say delays to crucial economic reforms have made it even harder for Thai banks to halt the escalation
      Reuters  -  228 words
  • Page 6 Advertisements
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  • Page 7 Advertisements
    • 28 7 Where's the best ostar restaurant between here and Paris? m JflSsdrtSMM-* W < if .#>,# Bii. diiSSklJ 51&*-* 4 I? H ItifcgsS j fl m BR* l JV9I K >*f*
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  • REGION
    • 424 8 HONGKONG Big battle looms as from today users can switch networks but keep same numbers AFP HONGKONG'S ferociously competitive mobile telephone market turned into a battlefield yesterday as operators vied to offer the best deals ahead of the launch of a rmuor
      AFP  -  424 words
    • 303 8 JAKARTA Reuters leading opposflion figure Amien Rais, facial a defamation suit by forn|»r president Suharto, will counter-sue the man he calls the "Pinochet of Indonesia", the Jakarta Post reported yesterday. "I will also sue him, mainly for crimes against humanity in
      Reuters; FILE PHOTO  -  303 words
    • 234 8 MANILA AFP EXPERTS from around the world will gather here this week to learn about measures to minimise the effects of the Millennium bug. By hosting the Y2K summit, the Philippines hopes to boost local awareness and spur efforts here to prepare
      AFP  -  234 words
    • 257 8 JAKARTA AFP AROUND 100,000 followers of the newly-founded National Awakening Party (PKB) packed a giant sports stadium in south Jakarta yesterday to attend a party rally, witnesses said. PKB presidential candidate, Abdurrahman Gus Dur Wahid, chairman of Indonesia's biggest Muslim organisation, the 30-million-strong
      AFP  -  257 words
    • 397 8 JAKARTA AFP A SEMBLANCE of calm returned to the riot-torn Indonesian city of Ambon yesterday, residents said, after days of bloody Christian-Muslim violence which has claimed at least 26 lives. "The situation is rather calm, but we don't know what's in store for us.
      AFP; REUTERS  -  397 words
    • 125 8 ■JAKARTA Reuters INDONESIA will investigate sales of copper concentrates by PT Free port Indonesia to smelters in Japan and Spain to check allegations it underpaid royalties due to the government, the Bisnis Indonesia daily said on Saturday. *'By reviewing (Freeport's) concentrate sales contracts, the
      Reuters  -  125 words
    • 677 12  -  Analysts say focus is on raising revenue, not industrial recovery; capital markets get a boost From Rajendra Bajpai in New Delhi INDIAN Finance Minister Yashwant Sinha on Saturday delivered a Budget that provided sops to the capital markets but raised taxes on corporate and
      REUTERS  -  677 words
    • 340 12 HONGKONG No debt principal will be cancelled: state govt sources Reuters CREDITOR banks want concrete details at a meeting today on restructuring China's Guangdong Enterprises (Holdings) Ltd (GDE), seen as a test case for other debt-lad-en state enterprises. Creditors have been worried about
      Reuters  -  340 words
    • 328 12 SYDNEY AFP DARK clouds are gathering over the Australian economy, deflating growth forecasts and forcing Prime Minister John Howard onto the back foot, analysts warn. Just days after the government declared the worst of the Asian crisis had bypassed Australia, a sharp drop-off in business
      AFP  -  328 words
    • 235 12 BEIJING Reuters CHINA'S Ministry of Information Industry (Mil) announced yesterday it would cut telephone and Internet charges while hiking postage rates, Xinhua news agency reported. Effective March 1, charges for using the Internet would fall by about 50 per cent and
      Reuters  -  235 words
    • 343 12 SYDNEY She and advisers quit in tactical move, and are re-elected AFP POPULIST politician Pauline Hanson retained the leadership of her embattled anti-im-migration One Nation party at its annual meeting here yesterday. Ms Hanson and her chief advisers David Oldfield and David Ettridge quit
      AFP; REUTERS  -  343 words
    • 161 12 SHANGHAI Reuters CHINA expects to receive a grant from the World Bank to be used to help resolve the nation's bad debt problem, a central bank advertisement in the China Daily Business Weekly said yesterday. "The People's Bank of China expects to receive
      Reuters  -  161 words
    • 88 12 HONGKONG The Hongkong government is predicted to merge and list the local stock and futures exchanges during Wednesday's budget, in addition to unifying the three clearing houses, the South China Morning Post reported citing sources close to the government. The proposal to list the
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    • ASIA Briefs
      • 115 12 Reuters [SHANGHAI] China should Increase its gold reserves to guard against overexposure to the US dollar, the official China Daily Business Weekly yesterday quoted an analyst as saying. "An increase in our country's gold reserves is necessary," it quoted Liu Shan'en, deputy director of
        Reuters  -  115 words
      • 76 12 Reuters [SHANGHAI] Shanghai has set a group of 30 major engineering projects for construction this year, official newspapers said on Saturday. Shanghai has accelerated construction on a number of major infrastructure projects to help boost the local economy. The engineering projects to receive emphasis this
        Reuters  -  76 words
      • 102 12 Reuters TAIWAN is considering doubling government bond issuances to cope with the state treasury's financial strains, the United Daily News reported on Saturday. The report said the cabinet's Directorate General of Budget, Accounting and Statistics proposed a hike of government debt* s upper limit
        Reuters  -  102 words
  • Page 8 Advertisements
    • 8 8 tsl plianhe laohao tunntmjiX: < SLI I I 9
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    • 75 8 Time is running out, better upgrade now before becomes too costly to solve your Y-2-K problem. A A We can help you in Standard Business Accounting |H Software or can also provide Customised Software I J under Window'9s /NT platform. Ca*****-3812today! You still have time. Later could be too late!
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  • Page 10 Advertisements
    • 74 10 Here is. wr 6T <&> s A~ >* n n 0 I j J x m.' I > \jr| A 7!* --Ji-TW ffr -tf '"r^ »is- AAh S- Ml .IT ML. 3u; :*^£*V -<?* --v ;|A :i "cr: '*%t|| *•#>• .a- v- SSHfe-A iv v-«^<pws^ f y- -«5*- r-, -&>
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  • Page 11 Advertisements
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  • FOCUS
    • 1242 13  -  As Chinese PM Zhu Rongji prepares to visit Washington in April, trade and human rights problems are giving the anti-China lobbv the unnpr hand By. Leon Hadar The writer is BT's Washington correspondent [WASHINGTON] WHEN US President Bill Clinton returned from his historic trip to
      FILE PHOTO  -  1,242 words
  • Page 13 Advertisements
    • 336 13 >rv -f. 11 jr Mm Mm f V jr fl U V f K Hk a 9|D f R fc» m CJ| St 7 r? li. ~ts It makes other European luxury cars seem like daily runarounds. g- < jr^! > a Ihe new Saab 9-5 Ciriffin Special Kdition saloon
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  • THE WORLD
    • 478 14 WASHINGTON 70 countries to drop barriers against entry of foreign firms Bloomberg AN agreement to tear down barriers that have stymied Merrill Lynch Co, Citigroup and big financial companies from offering full services in many countries will go into effect today. More
      Bloomberg  -  478 words
    • 73 14 [LONDON] More than 2,000 campaigners on Saturday gathering in Trafalgar Square in London to protest that new asylum laws would whip up racism against refugees. The crowd of anti-racist activists and asylum seekers' rights groups marched on the square to hear claims that the UK
      AFP  -  73 words
    • 241 14 LONDON Bloomberg THE number of people using the Internet worldwide will double to 300 million by 2005, with the greatest growth in Asia and South America, according to UK market researcher Datamonitor. The number of online users will
      Bloomberg  -  241 words
    • 336 14 LONDON Reuters MONICA Lewinsky feels she suffered as much as Princess Diana because "I was also wronged by a man who said he loved me." The White House intern, whose affair with Bill Clinton almost toppled the US president, feels she has an affinity
      Reuters  -  336 words
    • 645 14 NEW YORK It's still blessed with low inflation, low joblessness, strong consumer spending LAT-WP HOW long can the good economic times last? At least through this year, most experts say. And you've got to give them credit for venturing a guess. After
      LAT-WP  -  645 words
    • WORLD Watch
      • 125 14 Reuters [LONDON) Hackers have seized control of one of Britain's military communication satellites and issued blackmail threats. The Sunday Business newspaper reported, quoting security sources. The paper said just over two weeks ago, intruders altered the course of one of Britain s four satellites used
        Reuters  -  125 words
      • 108 14 Reuters [FRANKFURT] The president of the German DIW economic institute has called on the European Central Bank to lower interest rates, the Welt am Sonntag newspaper said in an advance copy of an interview. "I think a move on rates now would be appropriate,"
        Reuters  -  108 words
      • 65 14 [FRANKFURT] A group of German Internet users said on Saturday they were preparing an online rally against "junk e-mail" to lobby the European Parliament for stricter regulation of mass advertising over the medium. "We are preparing the first ever online petition to the
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      • 106 14 Reuters [SEATTLE] Microsoft Corp chairman Bill Gates (right) is hoping for a repeat performance as a best-selling author when his second book is published this month, officials said on Friday. Business at The Speed of Thought: Using a Digital Nervous System, will be published
        Reuters  -  106 words
    • 311 14 M BERLIN Bloomberg GERMANY is heading into an extended period of deflation and climbing unemployment that a cut in interest rates by the European Central Bank cannot prevent, the Berlin-based DIW economic research institute said. While lower interest rates would not prevent Europe's largest
      Bloomberg  -  311 words
  • Page 14 Advertisements
    • 25 14 EXECUTIVE Xiftmk Dont leave *€> the office A/j without them flf)[ljQ/l_J Every Friday... in THE BUSINESS TIMES. y Must reading for your long weekend. 1 i <
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  • BUSINESSIT
    • 694 15  -  Keen contest expected to gain marketshare for messaging systems in Singapore By] Raju Chellam [SINGAPORE] Global software giants Microsoft Corp and Lotus Development Corp are set to lock horns to grab market share in the burgeoning market for messaging systems. The contest is
      694 words
    • 576 15  -  This will be made possible with technology by ActivCard By' Toh Han Shih [SINGAPORE] You can soon conduct electronic commerce and make digital signatures by simply slotting your credit card into the personal computer (PC), with security ensured. This will be
      576 words
    • 238 16  -  By' Toh Han Shih [SINGAPORE] US computer giant IBM last Thursday kicked off an Asean-wide campaign to help small and medium enterprises (SMEs) adopt supply chain management solutions and draw business benefits by doing so. This campaign is part of IBM's overall e-business
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    • 766 16  -  One of IT's master entrepreneurs tells kemmeth james what works and what doesn't KENNETH JAMES [SINGAPORE] ANY list of the world's top technopreneurs, or hightech entrepreneurs, would have to include Charles Wang, chairman and CEO of Computer Associates International Inc (CA). For two decades
      CHRIS LOH  -  766 words
    • 282 16 Bloomberg [CHICAGO] The Year 2000 computer bug will cause greater economic damage than the 70s oil embargo and other major events, said Dennis Grabow, a former money manager and investment banker who now runs a consulting firm. His Millennium Investment
      Bloomberg  -  282 words
    • 555 16  -  Singapore Computer Society inducts one Fellow this year By\ Raju Chellam [SINGAPORE] Four industry stalwarts won the Singapore Computer Society's (SCS) IT Leader Awards in a ceremony last weekend where Education Minister Teo Chee Hean was the guest of honour. The SCS also
      555 words
    • IT TAKES
      • 25 16 A SEMINAR titled "Cyberlaw for electronic transactions in the business environment" will be held on April 7 and 8 at the Hilton hotel.
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      • 32 16 A LOCAL firm, e-edit, is offering online services including editing, writing (in English) and translation between English and Tamil, for businesses, institutions and publications. For more information, visit www.e-edit.com.
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      • 46 16 CARDS Asia '99, an Asian card technology event, will be held from April 27 to 29 at the Singapore International Convention and Exhibition Centre. The event includes an exhibition, conference and workshop. To register, call *****00 or *****50. For more information, visit www.cards-worldwide.com.
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      • 72 16 THE Institute of Technical Education (ITE) Tampines is the first ITE institute to install a Campus Online system through which students can attend lessons, hold discussions and submit homework electronically. Campus Online is an interactive, multimedia solution for students and teachers to access educational resources online, anytime, anywhere.
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      • 49 16 ORACLE Open World Asia Pacific, an IT conference, will be held from March 10 to 12 at the Singapore International Convention and Exhibition Centre. Oracle Applications Day will be held on March 9 at the Raffles Hotel. Ray Lane, COO of Oracle, will attend both events.
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      • 80 16 ALTAVISTA Asia Wide, an Asian search engine by AltaVista, has started offering a free tracking service which provides investors, businessmen and the public a way to keep in touch with web-based information that interests them. This service will send smart e-mail to alert users on fresh Web
        80 words
      • 71 16  -  Compiled by Toh Han Shih SUN Microsystems is further enhancing its support to local IT firms with the recently launched Sun Local Industry Upgrading Programme (Sun LIUP). Under Sun LIUP, Sun will nurture six to eight local IT firms to become world-class Java system integrators
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    • 515 19  -  Aggressive marketing push expected in Asia this year By Raju Chellam [SINGAPORE] US-based Adobe Systems Inc, a leading provider of publishing and imaging solutions, will this week unveil six new products and technologies that seek to push the envelope in electronic publishing
      CHRIS LOH  -  515 words
    • IT TAKES
      • 69 19 EPSON Corp has introduced the EPL-Nl6OO network laser printer that delivers up to 16 ppm at up to 1,200 dpi resolution. Designed for use in small offices and workgroups, the $1,999 printer comes with built-in bi-directional parallel and serial interface, supports Ethernet interface cards and
        69 words
      • 53 19 NEW Compaq Presario PCs, including models 5260,5270 and 5206 will now come with built-in lomega Zip drives that can store 100 MB per disk. lomega said customers buying a new Zip built-in Presario PC can get a free 100 MB Zip disk with every purchase of
        53 words
      • 90 19 US-BASED Rational Software Corp has announced a new set of management solutions that unify cross-functional development teams by providing a common understanding of project requirements. The solutions are Rational Requisite Pro 4.0 (for online dialogue under Windows), Requisite Enterprise 4.0 add-on (for working on open, client/server
        90 words
      • 108 19 HEWLETT-PACKARD has launched the HP LaserJet 2100 family of printers, replacing the 6P/MP printers. Designed for individual users and small workgroups, the three new printers in the family offer 1,200 by 1,200 dots per inch (dpi) resolution at 10 pages per minute (ppm) print speed. The
        108 words
      • 54 19 HOME-GROWN Aztech Systems Ltd has introduced the new Aztech 56K USB Modem for users with the universal serial bus interface. The $129 V.90-compliant device does not require an external power supply, supports data, fax and voice functions, and comes with auto-dialling, auto-answering and handset exclusion features.
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      • 60 19 APPLE Computer is ready with its JVM (Java Virtual Machine) for Macintosh computers. Called MRJ 2.1, it is up to five times faster than previous versions, is based on Sun Microsystems' Java Development Kit 1.1.6, works with QuickTime and Apple Script, and can be downloaded
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      • 72 19  -  Compiled by Raju Chellam ADVANCED Micro Devices (AMD) has introduced the AMD-K6-111 processor with 3DNow! technology, its highest-performance xB6 microprocessor for desktop PCs. It has begun volume shipments of the 400 MHz model and is sampling the 450 MHz processor to OEM (original equipment manufacturers)
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    • 462 19  -  Company will act as incubator nnit for Western firms wanting to sell here RyJ\ Justyn Olby [SINGAPORE] Companies in the West are increasingly looking to Singapore to be their gateway into Asia. However, there are companies that don't have the wherewithal
      462 words
    • 112 19 Bridge News [SAN FRANCISCO] IBM Global Services has announced three new contracts outside the US worth $150 million (***** million) in total. In India. IBM has entered into a systems integration and modernisation deal with the Reserve Bank of India. The services division of
      Bridge News  -  112 words
    • 647 19  -  SAT IT! By Howie Lau The author is manager for e-business solutions, IBM Singapore Pte Ltd RAPID business growth can be a happy problem, but it can also be an MIS manager's nightmare as computers quickly run out of steam to meet exponential growth in processing loads.
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  • Page 15 Advertisements
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  • Page 17 Advertisements
    • 1073 17 The Masterpiece. Encompassing the best of Toshiba's cutting- When you're No. 1 again and again.* edge technology in mobile computing, *The World s No. 1 Notebook Computer I the Portege 7000 Series offers you a power- Toshiba continues its leadership in the world I packed ultraportable that incorporates Intel's powerful
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    • 207 18 I v ill Miff >2flWMß«tyflwi- ts#l^BßhHb?>. i* «H^l <fJE^yg**?WK >>♦ J fMffßliiP > J»f f TiW'" r 'ft > Bwlo3mjiili»fßflflHHK^SvlfKi&flH^HSi^B&fln^H^SlHEnßßfl^VftSHVS^HflSjir?'rJßXii •< 7r* ?T-Tflrfy«fn 1 Jttrojapmi jWf*a»lAga«^—lii^K»* ,^TgM— g9BMlJWEfr|&ffiiflg|glKMlMra fj At Great Plains, we took our name from the land and our philosophy from the view. Because there, on the horizon,
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    • 16 19 Asia (pathways unlocking your business in asia Tuesdays The Property Column hi/ l.i'r Han Shih TiiklUsinkssTimks
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  • EXECUTIVE LIFESTYLE
    • 587 20  -  State censorship that discourages creativity is stifling the industry, says framkxangfitt FRANK LANGFITT LAT-WP BEIJING'S Hua Shi Theatre was scheduled to play a sure-fire hit last month: Rush Hour, a Hollywood blockbuster starring Hongkong action star Jackie Chan. But at the last moment, the government ordered
      LAT-WP  -  587 words
  • Page 20 Advertisements
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      128 words
  • Page 20 Miscellaneous
    • 907 20 CRYPTIC CROSSWORD ACROSS 2315 H 1 Go with Bill (9) mm mm mm 8 Fancy cushions pad it in cura- H tor's office (13) 11 Returning deer have yen for. like, tough grass Hio 12 Swift brute showing return of pj dried grasscircles (5) 111 I 13 Whine from stable
      907 words

  • COMPANIES & MARKETS
    • 416 21  -  Interim earnings fell 32% but firm hopes to remain profitable in the current half By i Conrad Raj [SINGAPORE] Despite the appointment of a special auditor to enhance its shareholder value, Jack Chia-MPH remains a fairly profitable operation. For instance in the interim period
      FILE PHOTO  -  416 words
    • 168 21 Reuters [KUALA LUMPUR] Malaysian construction and power generation firm YTL Corporation said it was planning to issue bonds and notes in two tranches to raise up to 750 million Malaysian ringgit (*****.7 million). It said in a statement to the stock exchange that in
      Reuters  -  168 words
    • 735 21  -  HAM a SENG INSIGHT More talk that BE is Disneyland's choice for 2nd park Quak Hiang Whai THE Hongkong stock market staged a Mickey Mouse rally last week, literally. In a week when banks were releasing disastrous results and
      735 words
    • REGIONAL COMPANIES
      • 558 22 Move comes as company fails to get consent of employees for a pay cut New Sunday Times [KUALA LUMPUR] The New Straits Times Press (M) Bhd plans to reduce its workforce by 10 to 15 per cent this year as part
        New Sunday Times  -  558 words
      • 254 22 Consortium with funds that made earlier bid planned Reuters Bloomberg [HONGKONG] US-based billionaire financier Sam Zell has made a surprise offer to buy a significant part of the 50.04 per cent stake in Hongkong's Sing Tao Holdings held by chairwoman
        Reuters; Bloomberg  -  254 words
      • 297 22 Reuters (SHANGHAI] Coca-Cola Co hopes a US$l2.B million (5522.1 million) marketing campaign featuring popular Taiwan singer Chang HuiMei will keep sales of its Sprite soft drink bubbling in China, a top company official said. The spunky female pop star, known to her fans across
        Reuters; REUTERS  -  297 words
      • 450 22 Bloomberg [HONGKONG] Wharf (Holdings) Ltd sold US$575 million (*****.7 million) in five-year commercial mortgage-backed bonds, Asia's largest securitised bond sale outside of Japan, people familiar with the sale said. The bonds which represent one of Hongkong's biggest bond sales since Asia's economies foundered in 1997
        Bloomberg  -  450 words
      • 225 22 Reuters [KUALA LUMPUR] Malaysian bank recapitalisation agency Danamodal Nasional Bhd has appointed four directors to subsidiaries of ArabMalaysian group's AMMB Holdings Bhd. the group said on Saturday. Arab-Malaysian said in a statement that Danamodal has appointed Tan Kheng Soon as deputy chairman
        Reuters  -  225 words
    • REGIONAL/DTTERNATIONAL COMPANIES
      • 703 23 It wants to have broader range of chips for consumer electronics products Bloomberg [AMSTERDAM] Royal Philips Electronics NV, Europe's biggest semiconductor company, offered to buy US chipmaker VLSI Technology Inc for US$777 million (Ssl.3 billion), seeking to gain a broader range of
        Bloomberg  -  703 words
      • 433 23 Bloomberg [NEW YORK] AT&T Corp, the biggest US phone company, needs about US$l5 billion (5525.9 billion) to pay for a strategy designed to propel the century-old business into the future of telecommunications. AT&T is buying Tele-Com-munications Inc, the No 2 US cable provider
        Bloomberg  -  433 words
      • 475 23 AMD had 43.9% of unit sales in Jan, Intel had 40.3% Bloomberg [SUNNYVALE, California] Microchip giant Intel suffered a setback when its biggest rival, Advanced Micro Devices Inc (AMD), sold more chips than Intel in the US retail market for
        Bloomberg  -  475 words
      • 566 23 Reuters [TOKYO] Corporate Japan is awash in a wave of sharp cuts in earnings forecasts for the current business year to March 31 amid extremely weak business conditions at home, but analysts say the worst may be over. Casualties so far include
        Reuters; FILE PHOTO  -  566 words
      • 364 23 Money raised will be used to farther develop project Reuters [LONDON] Canary Wharf Ltd has already laid the groundwork for the initial public offering which some have speculated will be worth £2.5 billion (556.9 billion) and the property developer will decide "imminently"
        Reuters  -  364 words
    • FINANCE & COMMODITIES
      • 338 24 January figures show lack of demand from companies and consumers: analyst Bloomberg [SINGAPORE] Loans by Singapore banks contracted 0.19 per cent in January from December, said the Monetary Authority of Singapore, the country's central bank. Total outstanding loans shrank to $151.33 billion
        Bloomberg  -  338 words
      • 443 24 They are expected to recover from emerging market concerns of last year Bloomberg [NEW YORK] Financial services and energy stocks, which have lagged other stocks in the past year's rising US market, are poised to be leaders in 1999, South Carolina money manager
        Bloomberg; FILE PHOTO  -  443 words
      • 672 24 Bridge News [NEW YORK] The life insurance industry will see continued consolidation, with European companies seeking US partners and US companies searching for international counterparts, said prominent merger-and-acquisition attorney Donald Henderson Jr. Mr Henderson represented Aegon NV in its US$lO.B billion (5518.6 billion) merger with
        Bridge News  -  672 words
      • 228 24 Marsh McLennan unites brokerage units Bloomberg [NEW YORK) Marsh McLennan Cos, the world's largest insurance broker, has gathered its brokerage businesses under one holding company following US$3.B billion (556.6 billion) of acquisitions in the past two years. The New York-based company, which had 1998 revenue of US$7.2 billion, put the
        Bloomberg  -  228 words
      • Article, Illustration
        1863 24 PRIME LEWDDfO RATES MB ABN Amro Bank NV 5y« A8SA Bank Limited 6M2 Agricultural bank Of China 6 ANZ Banking Group tVfc Allied irisli Bank PLC 5 American Express Bank 6 Arat Banking Corp 7V« Arab Bank PLC 5* AsaW Bank Ltd 6 V4 Ban Hin Lee Bank BM 6V4
        1,863 words
    • COMMODITIES & FUTURES
      • 560 25  -  SIIMIKX Weekly Roundup Hiroko Komiya MMS International This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] The forex market is set for an eventful week. The main focus will be on the European Central Bank (ECB) council
        Source:  -  560 words
      • 833 25 COMMODITY Weeklyßoundup AFP [LONDON] Nickel prices rose to a nine-month high last week after deliveries from Russia's Norilsk Nickel giant were frozen out, while elsewhere on the commodities markets, platinum rose to a seven-month high. Nickel gave the gloomy
        AFP; Source: Bloomberg  -  833 words
    • 1824 25 S1C0M FUTURES Feb 26 ROMCR (fathtm closinq «t 5.30pm) RSS1 CONTRACTS cwtiAq) CtOM Votent Opto Month Hlgli Low Sett (tonnes) Interest Mar 99 111 SO 300 Apr 99 112.50 700 May 99 114.50 925 Jun 99 116.50 300 Jul/Sep 99 120.00 825 Od/Dec 99 123.50 225 RSS 3
      1,824 words
    • MARKET REVIEWS
      • 292 28 HONGKONG AFP HONGKONG'S stock market will have its sights set on the government's impending Budget announcement after gaining 6.5 per cent in the week to Friday, dealers said. The Hang Seng Index gained 604.37 points to close at 9,858.49 on Friday on
        AFP  -  292 words
      • 869 28 Q Sydney -44.4 THE Australian share market faces a challenging week ahead with a barrage of domestic data and a central bank meeting on the agenda, brokers said. "It should be a very volatile week for financial markets," said Commonwealth Bank economist David Thurtell. "You name it,
        869 words
      • 542 28 NEW YORK Bat investors still concerned Fed may eventually raise rates to cool economy Bloomberg BOND yields jumped last week, bolstered by a strong economy with little inflation. Financial companies such as Chase Manhattan Corp and American Express Co, usually among the first
        Bloomberg; REUTERS  -  542 words
      • 1759 28 -37.54 TRADERS gave up hopes for a recovery on the CAC Index this week after it closed below the key 4,100 level following a gloomy session in which Wall Street and expiry of futures options dragged stocks lower. The CAC-40 blue-chip index ended down 59.62 or 1.44
        1,759 words
      • 465 28 LONDON AFP LONDON share prices powered up to record highs last week as cash flooded back on to the market, attracted by share buy-backs as the annual reporting season reached its peak. Investors also embraced the personal commitment of Prime Minister Tony
        AFP  -  465 words
      • 267 28 TOKYO AFP SHARE prices in Tokyo are expected to hold firm in the coming week with stronger buying interest from foreign market players and domestic institutional investors, brokers said. "Stronger buying interest has been felt among foreign investors' since the Group
        AFP  -  267 words
    • KUALA LUMPUR STOCK MARKET
      • 8513 29 INDUSTRIALS Consumer products ,9W Lilt Vol KM N.I CM M h Low Company Sale 000 HH» Low P/E $mll 3 2 28° '0 1 280 280 iTI Ills 83 62 Angkasa .72 -4.5 25 73 70 uvt 0 loi 2 Apollo Food Hlg 240 -10 2 243 240 8 4
        8,513 words
      • 459 29 AFP Q Composite Index -2106 TRADING on the Malaysian bourse is likely to be cautious in the coming days after the headline index dived 4.1 per cent last week, analysts said. The Kuala Lumpur Stock Exchange Composite Index plunged 23.06 points to finish at 542.23,
        AFP  -  459 words
    • WARRANTS & OPTIONS
      • 2506 30 BOWS, LOANS ft WARRANTS M m w» Hla* i M Vol M Lait Ouott Avq stno Company Sal* *or- COOO) High Low Buyor Soiior Price 18 3 3160 'Acer W*****1USS tl 05 15 12 10.5 11 12 5 T 35 45 3,64 Acma W*****4 16 -0.5 954 16.5 15 15.5
        2,506 words
      • 213 30  -  WARRANT WATCH -By Ven Sreenivasan MERRILL Lynch has launched a pair warrant issue of 10 million call warrants and 10 million put warrants on a basket of Singapore conglomerate stocks. The call warrants will be listed on the Stock Exchange of Singapore
        213 words
      • 196 30 HONGKONG STOCKS H J"* Vo< L««« Ouott 04v ON YM N«< M Cap Hlqft Low Stw Company 5a* rOOO) High Low Buyr S—r C VT P/C mt 5123 COL (2000) HK 400 I I 5o 8 TS 2 20 5 7744.7 5124 Cathay Pac 20c HK— 720 265
        196 words
    • 6337 31 Week ended: Feb 26 S«N. a? B„ L ;.v°rr i fiXj&j ■UMWMi '42 17.5 mt 1000 AcmaSOc 70 2 5 463 72 69 5 69 5 70 27.5 I 196 4.9 115.8 71 55 25 '217 AllianctTtch 29.5 -0.5 1 29.5 29 5 29
      6,337 words
    • 1236 31 5,No Company JT CM. High Low '°££r j <Z ft J£ MANUFACTURING yj 30 2049 •ASAiitolOc 92 5 unch 1994 93.5 885 92 92 5 15 N 7 16 a 7 on 79.5 45 2051 ASJ HkJgj 20c 58 »4 8 58 55 55 60 2 5 WJ 0
      1,236 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        489 32 Source: JM Sassoon S*«ek* Volume SingTel 15c 43,841.000 GES Intl Ltd 20c 35,097,000 STEngglOc 29,043,000 Uraco HldqslOc 26.912,000 SemtoCorp! 25c 25.666,000 OBS Land 25,593,000 Uraco Wt02 17,260,000 CK Tang Wt99 15,325.000 OCBC Foreign 15,275,000 HK Land USIOc 13,674,000 Stocks SPH 202,014,148 OCBC Foreign 179,281,194 UOB Foreign 125,923,651 SingTel 15c 106,813,466
        Source: JM Sassoon  -  489 words
      • 591 32  -  THE WEEK AHEAD These stocks chalk up better percentage gains when the market turns around and they cost less By Veri Sreenivasan AFTER starting on a strong note on the back of index-linked buying of blue chips on Monday, the Singapore market
        591 words
      • Article, Illustration
        60 32  -  -By Wong Wei Kong Brilliant Manufacturing shares closed up $0.03 at $0,435 last Friday with 5.04 million shares traded, compared with its 10day traded average of 775,300 shares. The daily and weekly RSI and Stochastics indicate that short-term upside potential may be limited, although there may be room
        60 words
  • Page 21 Advertisements
    • 37 21 LORAL Global Alliance congratulates A Channel newsasia on their March 1,1999 launch The Loral Global Alliance provides local satellite single-source services worldwide jVLDHAL SATMEX O SKY MET' EUROPE STAR Members of the LORAL Globed Alliance t 4
      37 words
    • 253 21 Buy one, get one FREE! Purchase any of the following AMANO Time Recorders to receive a FREE user-friendly Unibind Thermal Binding System Model Sl2 worth $350. Promotion starts now while stocks last! Limited stocks so hurry and place your orders now! B AMANO Renowned for their reliability, accuracy and user-friendly
      253 words

  • Page 22 Advertisements
    • 874 22 25 Expanding Your Business Through 27 Oct 99 41 Refinery Business Planning Skills Market 14-16Jun99 51 India Business Update Series <«Jp H H Venture Capitalist (4th Intake) Positioning. Competitors Analysis and Part 1 Indian Tax Accounting Practices 15 Jul 99 H H Bench Marking Part 2 Business Opportunities in India
      874 words

  • Page 23 Advertisements
    • 208 23 STRENGTH AND STABILITY THAT SHOWS IN YOUR FACE In a business of relationships, trust and confidence mean everything. That is where the reputation and financial strength of AIA-AIG. represented and 'M o^^ advocated through the professionalism of the Breakthrough Group, make all pi i-t' JH You can look your clients
      208 words
    • 216 23 I Seminar on I The 1999 Budget and I Current Developments in Taxation I The 1999 Budget is scheduled to be presented to Parliament on 26 February 1999. I The aim of the seminar is to provide a briefing on the main taxation provisions of the I budget and to
      216 words

  • Page 24 Advertisements
    • 26 24 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. CATS., Buy It. Sell H. Find It. Another Classified Service
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  • Page 26 Advertisements
    • 689 26 I pfHUPS Worldwide Logistics Asia Pte Ltd A UPS Logistics Group Company 19 Loyang Way #04-00 Changi International Logistics Centre Singapore *****4 Tel: 65-*****21 Fax: 65-*****01 mm mow n rnvt MHIKVB enmcftTKN < ;f ;i .J*' I? 1 the ffclgß Message by the MANAGING DIRECTOR 2| H ■AIH GENERAL MANAGER
      689 words

  • Page 27 Advertisements
    • 195 27 COMORATWIATIOHS TO fH?| ESfiW UPS Worldwide Logistics Asia Pto Ltd °"™"ISO 9002 ACHIBVBMBNT f /N I V A circie CHANGI INTERNATIONAL LOGISTICS CENTRE LTD CIRCLE CONCORD INTERNATIONAL PTE LTD tywt 'P*e*Hut*K £ostatie& "PtvUtttx 9 Changi South Street 2 19 Loyang Way Singapore *****4 Singapore *****1 Tel: 542 2118 Fax: 542
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  • Page 29 Advertisements
    • 39 29 Classified First. Want to get a laptop? Or simply get computer savvy? Log on to the Check The Straits Times ''SBGBHBIHW* Classified First. V tWMMMMm*! t %SS J «_rr SV-J I [CATS.] i Buy It. SHI h. Find It.
      39 words

  • Page 30 Advertisements


  • Page 32 Advertisements
    • 425 32 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF MINI MELTS (S) PTE LTD (Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN in pursuant to Section 308(1) of the Companies Act Cap. 50, that the Final Meeting of Members of the above-named Company will be
      425 words
    • 642 32 want to get the best Trading Ideas? Call DBS investor Online at 438-1188 to find out more 88 DBS BANK mi WBL CORPORATION LIMITED (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTCE IS HEREBY OVEN ttwf the 84th Annual General Meeting of tKe stockholders of WEI Corporation Limited w.H
      642 words
    • 648 32 'A.!..-.** Ji", i ii i 1 Make The Straits Times j Classified your first pit stop when shopping for your car or motorbike. ifc I IN THE MATTER OF THE COMPANIES ACT. CAP SO AND IN THK MATTHR <M PANCHOLIA ENTERPRISES (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) A, n
      648 words
    • 490 32 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF VAST LINK PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies J.' l a R final Meeting of the members of the abovenamed
      490 words
    • 232 32 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NOVUS SINGAPORE PTE LTD Notice of Creditor*' Meeting Pursuant to Section 296 Of The Companies Act Cap. 50 NOTICE is hereby given that pursuant to Section 296 of the Companies Act Cap. 50, a meeting of
      232 words

  • SHIPPING TIMES
    • 300 33 ♦Contributed by Simpson Spence Young THERE is speculation about a tanker sale which would prove to be a significant pointer if it is correct. Messrs Teekay are rumoured to have concluded a deal for the Aframax tanker Blue Sky River (90,000/87) at around US$l2.B million. This can be
      ♦Contributed by Simpson Spence & Young  -  300 words
    • 289 33 SIS '000 wa a w CWT Distribution 0.515 *0.015 26 Chuen Hup 0.61 *0.015 106 Cosco Investment 0.48 Freight Links 0.16 unch 569 C8 Holdings 0.37 *0.01 19 Hal Sun Hup 0.46 *0.015 83 IMC Holdings HK 5.60 Jay* Holdings 0.535 *0.005 61 Jurong Shipyard 6 50 *0.10
      289 words
    • 474 33  -  IMO queries Manila onSTCW compliance inconsistencies From. Alec Almazan in Ma n ila THE Philippines, the world's largest supplier of seafarers, has suffered a setback in its efforts to make it to the "white list" of countries complying with the Standards of
      FILE PHOTO  -  474 words
    • 138 33 AFP [TAIPEI] Taiwan's top shipping firms Evergreen Marine Corp and Yangming Marine Transport Corp plan new investments in China, officials from the two companies said. Evergreen is to join Hongkong International Terminal Company in building a shipping terminal in Shenzhen, southern China, a company
      AFP  -  138 words
    • 769 33  -  DOCKYARD By David Hughes A FEW weeks ago this column reported the decision by Norwe-gian-based Mosvold Shipping to adopt what it terms the Protective Location Solution PLS for its very large crude carriers (VLCCs) as they turn 25 years of age. Mosvold's managing
      769 words
    • 254 33  -  The other new office to be set up is in Washington By Felix Chan [SINGAPORE) The International Association of Independent Tanker Owners' (Intertanko) presence in the region recieved a boost today with the inauguration of its new Asian representative office in Singapore. The
      254 words
    • 282 33 Bloomberg [RICHMOND, Virginia] CSX Corp may split its Sea-Land Service Inc business, the biggest US ocean-shipping company, into three units to try to boost its profit. CSX, which also owns the third largest US railroad, may separate its Sea-Land unit into a
      Bloomberg  -  282 words
    • 586 34 CHINA AVIATION In the wake of last week's air crash, China's airlines say they may be money-losing but have not scrimped on safety Reuters [SHANGHAI] STEEP financial losses have not forced China's airlines to stint on safety measures, the country's airlines said a few days
      Reuters; FILE PHOTO  -  586 words
    • 334 34 PAGE FoongSun 8 ANL 3 Fr <*a 12 Accord 8 Frt Links 14 Ahrenkiel 14 6 Link 4 Appenship 5 Gemartrans 8 Austral 8 Genshpg 14 Avant 14 Glory Nav 14 B'tang Mas 8 HaiSunHup 12 BSA 7 Hangli 7 BTL 14 Hanjin 3 Balaji Shpg 4
      334 words
    • 19411 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Adv*rtls*r Vtssn Voyag* T*l*phon* ETA ETA Adv*rtls*r V*ss*l Vovag* T*i«phon* SIN D*st'n Sjrpe Nam* Numtwr Numbar SIN D*stn Nam* Nam* NumO*f Numb*r -JMMMMBMNMNI 12/03 04/04 Pro Lin* PRO ATLANTICA *****WB 65J*****0 To ABIDJAN (ABJ) 2003 Cot* D'lvolre 12/03 07/04 cosco honor river oorcw
      19,411 words
    • SHIPS IN PORT
      • 656 47 ss Voy No Berth Arrival Departure Asia Cement6 195-99 J23 alongside 28.02/0900 Asia Express 86-A J17 alongside 01.03/0700 Barunaperkas 04/99 J16 alongside 28.02/1400 Bright Sliy UC86 J22 alongside 01.03/1300 Bt Handi Jay *****9 JOI alongside 01.03/0100 Bt Mm Gt6 S7 *****9 JOI alongside 01.03/0100 04Mh 0299 J04 alongside
        656 words
      • 1940 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From »<i Hfescin 022* 02/0700 IA 28/1500 28/1669 28/1900 28/1500 .28/1659 21/1900 2* 28/1700 01/0659 01/0900 2t 21/1700 01/0659 OV0900 3 01/0700 01/T159 01/1400 4 01/1200 01/MS9 01/1700 648S 03/1500 U
        1,940 words
      • 215 47 Marl South Korea: Independence Movement Day. Mar 8 China: Women's Day half day. Mar 17 Ireland Republic of: St Patrick's Day. United Kingdom: St Patrick's Day. Mar 22 Japan: Vernal Equinox Day. Mar 25 Greece: Independence Day. Mar 28 Brunei: Hari Raya Haji. Indonesia: Hari Raya Haji. Malaysia:
        215 words
      • 749 47 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        749 words
      • 569 47 Carbon 180 Max 994.8 1.0 18.8 0.09 52 0.07 Feb 25 Density Water Residue Ash Aluminium Sediment No above E25 1 0 17 0 10 380 Ave 986.0 0.3 14.3 0.06 30 0.02 Cixon 380 Max 994.9 0.7 19.4 0.09 65 0.07 W/MM HV/V HM/M H/H
        569 words
    • AIR & LAND TRANSPORT NEWS
      • 686 48 Bloomberg [FORT WORTH, Texas] AMR Corp's American Airlines pilots say they re holding tight in the standoff over the No 2 carrier's recent purchase of Reno Air Inc because they believe more acquisitions are on the way. American and its
        Bloomberg; FILE PHOTO  -  686 words
      • 655 48 Winner will have better leverage when Airbns becomes single company this year Bloomberg [TOULOUSE] Airbus Industrie partners are intensifying efforts to buy a stake in Construcciones Aeronauticas SA, a move that will give the winner greater clout when Airbus
        Bloomberg; FILE PHOTO  -  655 words
      • 297 48 Bloomberg [GENEVA] The world's airlines will use operating leases to acquire as much as 30 per cent of their fleets within 10 years, up from 19 per cent now, said Boullioun Aviation Services Inc. As airlines seek greater flexibility in managing fleets
        Bloomberg  -  297 words
      • 273 48 Bloomberg [BONNJ Germany proposed softening the scheduled ban on duty-free sales in the European Union by continuing to exempt goods sold at airports and on ferries from excise tax, EU officials said. Under the proposal by German Chancellor Gerhard Schroeder, travellers in
        Bloomberg  -  273 words
      • 223 48 The Nihon Keizai Shimbun [TOKYO] The International Civil Aviation Organisation has decided to reduce the number of Asia-Pacific flights around New Year's Eve to head off possible problems resulting from the year 2000 computer glitch. Under ICAO's crisis-man-agement
        The Nihon Keizai Shimbun  -  223 words
      • 1868 48 PTT FU6HT PA FUCHT El» $***** 1650 NZ4579 2359 Adelaide BA7381 1930 BA7382 2050 BA7306 IMO S***** 2359 Of81 1930 0F82 2050 W WO Amsterdam S0343 0745 $024 2320 Fnkaoka $0989 1730 S0990 0115 GA973 1005 KL838 2335 Guangzhou P«C CZ353 2035 K1837 1535 Hanoi VN741
        1,868 words
      • 488 48 US hopes to hold more talks with Europe on issue [BRUSSELS] The European Union is likely to delay enforcement of a plan that would bar many older Boeing Co aircraft from operating in Europe so that it can hold more talks with
        488 words
  • Page 33 Advertisements
    • 21 33 Safety a priority, say China airlines China's airlines say they may be money-losing but have not scrimped on safety Page 2
      21 words
    • 111 33 We can't deliver to Mars (yet), but our fast service covers the earth. O I or the most efficient service, in Asia and around the world, go with MOL. We offer faster transit times, greater frequency and wider port coverage. Plus "total logistics" container service throughout Asia. No matter where
      111 words
    • 20 33 Airbus partners eye stake in Casa Winner will have better leverage when Airbus becomes single company this year. Back Page
      20 words

  • Page 34 Advertisements
    • 1106 34 I NORTH AMERICA I I EXPORT 1 1 OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LA WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) I WT tTA» ETD3N 160 Ml mm OK NT NOKOOTY VTSSa I vor a S5l ">WTU I IAM IPWHfO I "MMTO ESS I m^TqijiTl 00a0,,U
      1,106 words
    • 749 34 Lines services represented mmmmA jf Members o» me l'CQ8;l Dy Members of the Registry of r«i •<,■ Singapore Freight Forwarders Accredited Shipping Agents Association Singapore Shipping Assoclatior. NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANIU (MONTHLY SERVICE) MV "ARKTIS CARRIER V.9901 ETA SIN 02/03/99 BOOKINGS CALL MONKA/AI
      749 words

  • Page 35 Advertisements
    • 1163 35 TO EUROPE FROM EUROPE ram VOY SIM RTM AUK HAM HV SOU FIT UN VtSSfl VOY HTM ANR HAM BRV SOU FIT L£H SW HY HIGHNESS 316W 01/03 18/03 JO/03 23/03 17/03 LA LORE S2SE 07/02 09/02 12/02 13/02 03/03 APIAIMANOINE 307W 04/03 27/03 24/03 2S/03 22/03 NOl AJKA2OMTE 020E
      1,163 words
    • 2084 35 ®HANJIN SHIPPING il£Pl 6 Ms(Wr"Liw -Sale *****30 HANJIN SHIPPING PTE LTD //m bapi com BOOKING *****3S ?37 SAUS *****24 231 OOCUMfNT *****712/4 OPERATIONS 32*0250 251 MUUN LINE *****55 FAX 27"™ r»«0 H*****000M1 TO NW USA CANADA USA CANADA* i FDR VSI/VOY UN SM UNE HAUi/YOY SEA TIW MM POX a!
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    • 510 35 ypsa voy_ sin m m Sin m na us* pus |rasa vor KMTCKBIIW6 903S 21/02 23/02 90» 24/02 20/02 02/03 WoT QS/03 W I 903S I 70/02 I K7£R W/P? HYUNDAISPOimtI 020S 24/02 OSAI3 07/03 09/03 10/03 ItMTrtmiwr, 90<s I u'/03 I li/03 Wg 90S 112.-'C3| m''o3 MT( HOMGKOH6 903S
      510 words

  • Page 36 Advertisements
    • 1692 36 DSR SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANCANADA VtSStl TOY SW LBt RTM I AHB HAM |»WV I FU rtSSfl [vOY SIN GIT SPE FOS VIC MTR PUSAM SENATOR WN9I2 02 03 1103 71(3 Z2S3 23 03 24 03 2503 CAIIfO«WA SENATOR WMOI2 0403 2103 2303 M 27 03 04M HANJM
      1,692 words
    • 940 36 m. ab MAC-MELS S'PflftP M'SIA Carrier MN CONTR LINES, INC p. ouoang: (0t)*****2® I-IVy J cm NO. 1200S7S0000C SIBU: (064) *****9 MANILA (632) *****24 PENANG: (04) *****36 BANGKOK; (662) *****57 SURABAYA (31) *****0 P- KELANG: (03) *****77 JKT (21) *****07 HON: (61) *****3 KUCHtNG (082) *****1-3 BARCELONA MV "iiORASIA SHARJAH"
      940 words
    • 574 36 LINE nil 3456 FAXi IBMII a r MUARA i LABUAN vtssa voy etd eta vissa voy etd eta SPORE MUARA SPORt LBN CARAKAJN332 VO4E/99 SaM 27/02 STRAITS HOPE VO4E/99 S«M 02/03 STRA/TSHOPf VO4E/99 Sahd 01/03 CARAKA JN332 VOSE/W 06/03 10/03 CARAKA *332 VOSE/W 04/03 09/03 STIAJTS HOPE VOSI/W 09/03 13/03
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    • 1301 37 [vessel voy sin pko pen pqb dub dam shj Iba bik IRAN BAKERI PJLI336 22/02 03/03 04/03 00/03 07/03 09/03 IRAN SATTARI PJLI334 01/03 10/03 11/03 12/03 14/03 18/03 IRAN BABAEI PJLI333 08/03 17/03 18/03 10/03 21/03 23/03 IRAN TAKHTI PJLI337 18/03 24/03 28/03 28/03 28/03 30/03 IRAN LORESTAN PJLI33B
      1,301 words
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    • 708 37 \t EASTERN CAR UNER, LTD. I |E Ea (SINGAPORE) PTE LTD U SPECIALIZE IH RORO HEAVY LIFT UPTO 450 TONS 1 ECL (SINGAPORE) PTE UD LOAD NG FOR PORT KLANG/ CHITTAGONG PORT KLANG/ COLOMBO MV "AMRTA VII" V.9 MV "ORANGE MOON" VOY. 110 ETA SIN 22/02/99 ETA PKL 23/02/99 ETA
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  • Page 38 Advertisements
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    • 1382 38 PACIFIC INTERNATIONAL LINES (PTE) LTD I ~a*a£io> W 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO **********06 I V9T a _$w_ HI std na aua mm. a?"' w—m— =^=j=:gr 11/1 ?/4- -ffi 1 I SMS BHIB-Hft-IF Hfl 3fl W W w I lf/4 (i/4 I WSSEI VOY CM!
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  • Page 39 Advertisements
    • 478 39 BSA mm MYANMA FIVE STAR LINE (Myamnor Notional lino) v Loading for Yangon (Rangoon) Vissu vor sin na pen pgu HfA -AN 2 SAW SID MONG-LA 21W SU) MALAYSIA AGCNTS: lOUSTEAD SHIPPING AGCWCIIS KUL m (03)*****00 PKL- m (03)376*101 PIN: HI (04)*****02 PGU: TEL (07)*****21/4 BANK LINE (A swvkt of
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    • 1360 39 MMi HYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOY I SM 1 SOU I UH RTM ANT HAM MY FR [VESSE VOTI SOU LB4 I «TM I AOT I HAM I W»V 1 Fa! "sT'l HYHWMDS 316W 01/03 17/03 11/03 20/03 23/03 LA LOME 5251 12/02 13/02 07/02 04/02 03/03 APIAIMANMNI
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  • Page 40 Advertisements
    • 1993 40 BANGKOK/MAP TA PHUT/LAEM CHABANO] JAKARTA/PAN JAMQ VESSEL VOY SIN BKK MTP LCH VOY SIN JKT PJN CHANA BHUM" 59N In Pt OS/03 VIRA BHUM 250S WO3~ (M/M PANU BHUM 31N 02/03 06/03 05/03 ACX JADE> 43S TTpt 04/03 1 KOTA RATNA JRNAOgS_ 03/03 06/03 ANRO GOWA" 074 02/03 06/03 I
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  • Page 41 Advertisements
    • 48 41 STEflTfc Dial 740-6000 Oil Q€ FTI3IIO —JmJ (Retrieve more schedules!) Press "1" JT\ Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number your phone number Another innovative service offered by The dOCUment Will be SHIPPING TIMES
      48 words


  • Page 43 Advertisements
    • 149 43 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 service
      149 words

  • Page 44 Advertisements
    • 168 44 —-j— "Inrßlil iHMMim ■™"E5« FROM: U.K./CONTINENT/ MIDDLE EAST TO: FAR EAST TAW SKN TMA VESStL/VOY SiH tAEM CHABAHG MANILA HONGKONG KEtLUHG GUMMM ANGEL SAILED SAILED SAILED AJOA V0Y094 07/04 09/04 13/04 IS/04 LOADING FOR: SETE/FLUSHING/ANTWERP/(AGLIARY/NEWPORT UK MALAYSIA HSH (M) SON IHO TAWAU FREIGHT SVCJ PORT KELANG AGENT: SUNSMP AGOKKS (M)
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  • Page 45 Advertisements
    • 854 45 SHIPPING LINE LTD Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: RS23I4C jj elia^ ssic /Mel Chan/Jgslynn/Dora/Hanim 7 slgs/week E2ESE2J3B 2 slg/week VESSEL VOY I SIN I JAK [VESSEL |VQY SIN |ptß 27/02 (SAT) 03/03
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    • 867 45 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO Sk!_ Ml _?00_ CWI ROM KAI NTL ORE SAV NEW TAM HOU HOEGH DTK! /06S0 It/03 77/01 It/01 01/03 74/03 21/01 Q5/Q4 01/04 69/fl< "nc n< "c HtZ. HWCH MWBKVA /Mi 9— JUZSL. 65/fl4_ JlZfll 21/03 11/ M 15/04 "23/64" 26/04 24/05
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    • 53 45 SHIPPING* WAREHOUSING ffMIM letan: Sinfsipiirc I Doily M*m io Sal (BATAMINDO Mil) Accepting K~l A'orr\t-mxinat/Pninxi/Ik'.i\> Ijfi c Mp' Reefer C \muiner Bmlon Smgapmv ljudinj! Man. Wed &Hi (BATAMLNDOII) Acvi-fXing KlA'cinvcnuunal/Pluftxl Heavy Lilt Cargo T«fc 227 0322 Fox: 222 9330 Batomindo Shipping Warehousing Pt« Ltd Jk K«fH «—< T-t—t9mm Cm*!.. WJSI
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    • 627 45 CCCm SW** Sovkt Shipping CPI k\\V CINOIOOSO6IOOOON kW Multiline Shipping PL W33 J CI N» **********0 C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO29 28/02 08/03 17/03 18/03 KOTARATU RTUO37 07/03 15/03 23/03 24/03 PERAK 126N 13/03 21/03 01/04 02/04 VESSEL VQY SIN CALCUTTA SIM HARIBHUM 09SV 27-28/02
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  • Page 46 Advertisements
    • 582 46 I VESSEL TIGER PEARL 688N 02-02/03 08-11/03 16-1&03 TIGER SEA 689N 05-06/03 11-14/03 19-2(V03 TIGER BAY 690N 09-09AXB 15-18/03 23-23/03 TIGER ISLAND 691N 12-13/03 18-21/03 26-27/03 TIGER PEARL 692N 16-1603 22-25/03 30-31/03 I TIGER SEA 693N 19-2003 25-28/03 02-02/04 I VESSEL VOY SIN CAL SIN XPRESS SPORE 275 02-03/03 09-14/03
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    • 1050 46 JV FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com. sg DIRECT CONSOLIDATION SERVICE ALEXANDRIA (ALY) BUENOS AIRES (BUE) CEBU (CEB) ISTANBUL (IST) IZMIR (IZM) LAEM CHABANG (LCB) MALTA (MLA) PASIR GUDANG (PGU) SAN ANTONIA (STN) SANTOS (SSZ) Overseas Offices Hongkong *****113 flms@asiaonline.net Port Kelang *****40 flem@tm.net.my Bangkok
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    • 1199 46 OOCL (Singapore) Pfe Ltd CFS Kappei I f *l« 79 Ansaa Road *21-04 (S) *****6 Blk Sl3 #01-128 Cj «NO 11S7S7S0000H W 272 7827 For bookmg j* ***** 3f 221 3942 Fax: 272 7825 ZjE Onent Oversees Container Une q Sdn Bhd (Reg No: *****2-U) fO PETAUNG JAY* let 03-756
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  • Page 47 Miscellaneous
    • 138 47 Htj M *Wl W$ M LEGEND R Thunderstorm Temperature o^, Shower Weother Wind direction with speed m knots Rom Cloudy Sky Wave height Surfoce winds are indicated by orrows which fly with the wind One fun circle represents colm or light ond variable winds I__ One holt fleche represents 5
      138 words