The Business Times, 12 May 1999

Microfilm: NL21496
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES mita (p> 85c SINGAPORE Internet: http://business-times.asial.com.sg/ WEDNESDAY, MAY 12, 1999
    13 words
  • Article
    MARKET SUMMARY
    63 1 188&88 (+26.50) *MM ***** (+8.75) f% ansa FDTUIES U 28L70 (+3.10) |J MARKETIOOO: STOCK MABKET INDICES Toesday ftanp KLSECOMP mn *17 JC NIKKEI 1******—.-flUI HAM) SENG H87U7 -J8&83 SET INDEX mn +4M JAKARTA COMP 67UJ -LIS MANILA COMP UH7J8 -2735 TAIPEI WP! 7,***** Ml 8E0UL00MP 781.41 -3183 CLSA
    63 words
  • Article
    FINANCE
    73 1 FOBEX BATES UBS 81 USS 1.7M £(USt/StperS) 1.822 2.766 BUBOfUSS/SS ptrE) 1178 LAS DM L8I4 M87 IS*-, 1JO LM8* KM 1899 1.447 HSS 7.781 Alt* BAHT *77 IM SURAH 7JH_-.9lW •atmrnmrn •stmmmm FUSE KATES SINGAPORE* 5.825 KUALALUMFUR 11.SO JAKAKA 28.00 BANGKOK 14.75 HtiNLA 22.H0 tiOtjQMONG 10l26 ii ii K80
    73 words
  • Article, Illustration
    Clob was never illegal or unrecognised: SES
    958 1  -  KL also never objected to CDP's Sept 1998 agreement with Scans Byi Conrad Raj [SINGAPORE] The Stock Exchange of Singapore (SES) yesterday came out with a strong defence of its position on Clob International its over-the-counter market here stressing that Clob was at
    958 words
  • Article
    STI hits 1,888.88
    309 1  -  Rally helped by dip in interbank rates and European buy orders By. R Sivanithy [SINGAPORE] The Straits Times Index rebounded 26.5 points to 1,888.88 yesterday, partially recouping the steep 112 points it lost in the previous two sessions. Apart from the usual "technical rebound" explanation, dealers said
    309 words
  • Article, Illustration
    PSA Corp ready to list, waiting for Temasek's go-ahead
    459 1  -  Profits flat but will improve with economy: Dr Yeo By] Felix Chan [SINGAPORE] PSA Corporation is ready for a listing but the green light to do so rests with its sole shareholder Temasek Holdings, chairman Yeo Ning Hong said yesterday. The
    459 words
  • Article
    Wuthelam denies it's in financial difficulties
    575 1  -  Recent sale of assets part of group restructuring By< Catherine Ong [SINGAPORE] The Wuthelam group yesterday denied that it is in financial difficulties, saying that what lies behind its latest move to sell its controlling stake in Liang Court Holdings "is more mundane than
    575 words
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      497 1 ■ASArsMteMi The Monetary Authority of Singapore yesterday offered 9800 m of 5-year Singapore government bonds, its fifth issue this year, Vf a Yen vine Pte Ltd, owned by Indonesia's Pribadi family and Deddy Kusuma, has agreed to sell its entire 245% stake in Econ International to US-based Asian Energy Ltd
      497 words
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      4 1 Market reports, Pgs 18-22
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  • SINGAPORE AT HOME & ABROAD
    • Article
      MAS offers $900m of five-year government bonds
      294 2  -  Concerns about oversupply send government bonds falling By Wong Wei Kong THE Monetary Authority of Singapore yesterday offered $900 million of five year Singapore government bonds, its fifth issue this year. The offer closes on May 18 and the issue and settlement date
      294 words
    • Article
      Body set up to advise on use of products of genetic change
      308 2  -  By\ Raju Chellam THE government has formed a new body to help Singapore companies to commercially exploit products derived from genetically modified organisms (GMOs), and ensure that their use does not endanger public safety. Called the Genetic Modification
      308 words
    • Article
      Towers Perrin to advise MAS on funds placement
      401 2  -  $2.5b of a total of $10b expected to be placed out this year Wong Wei Kong THE Monetary Authority of Singapore lias appointed Towers Perrin as investment consultant to advise on its placement of funds to thirdparty fund managers and the first
      401 words
    • Article, Illustration
      Lock icon Fall in progress payments slows
      272 2  -  EYE ON THE ECONOMY Construction By Corinne Kerk YEAR-ON-YEAR construction progress payments fell by a less severe 10 per cent in February this year, after dropping 16.4 per cent in January. The latest figures from the Building and Construction Authority (BCA) show that payments had
      Source: ECA  -  272 words
    • Article, Illustration
      Lock icon Peter Kuah's bungalow may fetch up to $7.5m
      388 2  -  Byi Corinne Kerk A TWO-STOREY freehold bungalow in Lady Hill Road belonging to Singapore millionaire Peter Kuah is expected to fetch $7 million to $7.5 million when it is auctioned next Thursday. No 14 Lady Hill Road, is believed to be mortgaged
      ARTHUR LEE  -  388 words
    • Article, Illustration
      Lock icon Wallace suit: settlement being discussed
      194 2 Reuters US investment bank Merrill Lynch Co Inc's suit against a former employee in the Singapore High Court was adjourned yesterday with lawyers negotiating for a possible settlement, sources said. Merrill Lynch is suing Kevin Wallace, formerly a Singapore-based private banker to some of the
      Reuters  -  194 words
    • Article
      70% of properties at auction unsold due to high reserve prices
      295 2 HIGH reserve prices dampened an auction by Edmund Tie Co yesterday, leaving seven out of every 10 properties unsold. Only eight out of 27 lots were sold. Ho Tian Lam, ET&Co executive director (auction), said response from the 350strong
      295 words
    • Article
      Lock icon $4.5b to be spent on upgrading schools
      470 3 Govt to rebuild and improve 290 schools in three phases over the next 7 years The Straits Times THE government is spending $4.46 billion in a massive programme to rebuild and upgrade Singapore schools, and make them better suited to new priorities in
      The Straits Times  -  470 words
    • Article, Illustration
      NCB wants half of local firms to adopt e-trade by 2003
      498 3  -  Venture launches business-to-business e-commerce service By' Toh Han Shih ALTHOUGH only a tiny fraction of local firms have adopted electronic commerce, the National Computer Board (NCB) has an aggressive target to get half of Singapore companies to adopt e-com-merce
      498 words
    • Article, Illustration
      Lock icon Toyota sees vast growth potential for hybrid vehicles
      343 3  -  By < Christopher Tan HYBRID vehicles environ-ment-friendly models tapping two or more power sources will be as common as conven-tionally-driven products in 10-20 years' time, according to Toyota. The leading manufacturer has sold over 24,000 Toyota Priuses, the world's first mass-produced hybrid
      ARTHUR LEE  -  343 words
    • Article
      Ikea issues worldwide recall of toy which killed child
      276 3 IKEA, the world's largest furniture store chain, has launched a worldwide recall of a toy which caused the death of a five-year-old child in Europe. The toy called Mula, made for children under seven, consists of a stick attached to a
      276 words
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      130 2 GROUP BUSINESS TRIP TO KOREA KOREA TRADE CENTRE (KOTRA) SINGAPORE, A KOREAN GOVERNMENT ORGANISATION WILL BE ORGANISING A GROUP BUSINESS TRIP TO KOREA FOR THE APEC INVESTMENT MART 1999 AND TRADE OPPORTUNITIES MEETING, 2 TO 5 JUNE 1999. Korean Air Clover Hotel (or equivalent grade hotel), 3 nights single room
      130 words
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      17 2 Sunday Classified Vl®aJlftaf s at Clarke Quay Every Sunday. 9am spm Buy h. S«fl h Find It
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      178 3 1 1 1 11 s A N rel v xVjg; j£ jjp V '*^0? -v '> ~~-> 1 I?.. s;; v > 4fc/.- A.< V *;->#■&<. '*>. v.*. k.♦ .#-^v•; x >i; -M ifeW. -"I r ■■>••-. x w A r~~- A A sX X. :v |*T jF v v
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  • FOCUS ON CLOB
    • Article, Illustration
      Lock icon Clob investors want SES to press for better deal
      730 4  -  Be more pro-active, meet Malaysians for talks, or seek legal recourse, they say By' Ven Sreenivasan [SINGAPORE] Will Clob shareholders accept the cash offer by Akbar Khan's Effective Capital for their shares, or will they hold out for a better deal?
      FILE PHOTO  -  730 words
    • Article
      How Clob shares will be transferred
      280 4 What the ELSE said in September last year WITH the cessation of trading in all Malaysian securities on the Central Limited Order Book International (Clob) at the close of business on Sept 15,1998, the Kuala Lumpur Stock Exchange (KLSE) today announces the procedures for
      280 words
    • Article
      Effective Cap's rebuttal weak
      128 4  -  MAXLBAG Y Woozeer Singapore Effective Capital's rebuttal of the precautionary notes by the Stock Exchange of Singapore (SES) is weak. SES has done a good job in pinpointing the deficiencies in the offer document because these days, even signed agreements don't seem to matter much so
      128 words
    • Article
      Some questions for Mahathir
      136 4  -  Eric Ang Teck Sin via Internet Singapore DR Mahathir Mohamad says Clob investors are responsible for the collapse of KLSE prices in 1998, so "how can they deserve profit when they did nothing to the recovery?". Perhaps the prime minister can enlighten us more by answering
      136 words
    • Article
      Singapore govt should negotiate a settlement
      243 4  -  K H Sim via Internet Malaysia ONE should look at Akbar Khan's offer again whether it is fair, reasonable or bankable. Is there any other offer on the table to compare? Forget about the talk of cronyism or nontransparency. Would you, if you have
      243 words
    • Article
      Not difficult to find mutually acceptable solution: SES
      782 4 The following is SES'response to KLSE's statement of May 6, 1999 1. In its statement issued on May 6, 1999 on the issue of Clob International (Clob), the Kuala Lumpur Stock Exchange (KLSE) stated that: a) the SES operated an unauthorised market
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    • Article
      Lock icon No need for cash offer to be included in bilateral talks: KL
      282 4 Bernama [KUALA LUMPUR] The issue of cash offer for Malaysian shares previously traded on Clob in Singapore need not be included in the package of issues to be resolved between Malaysia and Singapore as it will further complicate
      Bernama  -  282 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Indonesia may place out shares in PT Indosat
      438 5 JAKARTA Analysts dismayed, say plan smacks of a desperate need for cash Reuters INDONESIA said yesterday it may sell shares in flagship state company PT Indosat through a placement to private investors, to the dismay of analysts who said the plan smacks
      Reuters  -  438 words
    • Article
      Lock icon 3 foreign groups in talks to rescue Philippine Airlines
      292 5 MANILA Reuters THE Philippines is talking to three foreign groups, including Singaporean investors, to try to rescue debt-laden Philippine Airlines (PAL), government officials said yesterday. President Joseph Estrada identified one of potential investors as German airline Lufthansa, while Trade Secretary Jose
      Reuters  -  292 words
    • Article, Illustration
      Lock icon Umno makes anniversary call for unity
      272 5 KUALA LUMPUR Members urged to fight economic, political problems AFP MALAYSIA'S ruling party made an anniversary call yesterday for unity and loyalty to overcome political opposition and the country's economic problems. A simple ceremony was held for the 53rd anniversary of the United Malays
      AFP; REUTERS  -  272 words
    • Article, Illustration
      Bad start for Indonesia's general elections?
      784 5  -  ASIAM VIEW In fairness, Rudinl should also step down as election chief as clearly and potentially be has vested interest By Yang Razali Kassim SO at last, Akbar Tanjung has been forced to step down from his powerful post of State Secretary. Also leaving
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    • Article, Illustration
      Mergers seen crucial for KL telcos
      808 6  -  Govt said to be keen on snch a move; talk of mergers halving players to three Prom Ruth Wong in Kuala Lumpur THE difficult environment and mounting debts faced by some of Malaysia's telecommunications players have made the long-overdue consolidation in the overcrowded sector
      808 words
    • Article
      Lock icon Kuwait's Ispat to buy stake in National Steel
      304 6 MANILA M'sia's Hottick to sell part of stake in Philippine group Bernama A KUWAITI steel firm has offered to buy a Malaysian company's controlling equity in the Philippines' largest steel concern. Ispat International's offer came on the heels of reports that majority
      Bernama  -  304 words
    • Article
      Lock icon Samsudin to become Bolton chairman: report
      225 6 KUALA LUMPUR AFX-Asia BOLTON Bhd's newly appointed deputy chairman Samsudin Abu Hassan is expected to assume the post of chairman by the end of the month, the Star newspaper reported yesterday. The report quoted Mr Samsudin as saying in Johannesburg that he plans to
      AFX-Asia  -  225 words
    • Article
      Lock icon Thailand's stock exchange to test Y2K compliance
      210 6 BANGKOK Tests to be carried out on May 22 this year and Jan 1,2000 AFP THAILAND'S stock exchange said yesterday it was planning to test a million dollar program to beat the millennium computer bug. The Stock Exchange of Thailand (SET) will next
      AFP  -  210 words
  • Page 5 Advertisements
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      185 5 Check-in to the leading^,^^^ medical 7*^ —j event of the region^^^^^^y 12 15 Mav '99 Messe Diissetdorf Asia Pte Ltd 5 Temasek Boulevard #05-05 Opening Hours: 10:00 am to 6:oopm daily Sun tec City Tower Singapore *****5 Singapore International Convention and Exhibition Centre E-mail shirley@mda.com.sg http://www.messe-duesseldorf.de/MOA International Exhibition on Hospital,
      185 words
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      Page 5 Advertisements Column 2
      168 5 Part n of BT'sfocus on Indonesia has been held over sr-«"* J 3j^" Kjm| 1:~ gtefe: .*^JEWg^W fl R S or t That's Also fl Home Imagine being able to, quite literally, stroll down to the beach at the end of your working day. You can at Mandarin Gardens, Singapore's
      168 words
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      146 6 the world's largest agency broker; To enhance our clients' performance and lower their cost of trading, Instinet has been combining trading expertise with trading technology for 30 years. Now Instinet is open for institutional business in Australia. The result is simply a better way to trade in Australia, in Asia
      146 words
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      Page 6 Advertisements Column 2
      31 6 i, II THE WORLDS LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS I Incoiporation Fees from USSSOO BAHAMAS JERSEY V < BRITISH VIRGIN MAURITIUS ISLANDS SEYCHELLES jL CAYMAN ISLANDS SAMOA IRELAND J®* TP
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Beijing planning major reform of oil market: sources
      260 7 SINGAPORE Hove may result in shutdowns of several thousand companies Reuters CHINA is expected to launch a nationwide programme in May to crack down on substandard oil wholesalers and service stations, Chinese industry and official sources said yesterday. China's cabinet, the State
      Reuters  -  260 words
    • Article
      Lock icon Taiwan in WTO deal with Canada, NZ, Australia
      157 7 TAIPEI AFP TAIWAN has agreed to allow imports of chicken and pork from Canada, New Zealand and Australia in exchange for their support of the island's bid to gain WTO membership, local newspapers reported yesterday. The imports would be a "downpayment" to
      AFP  -  157 words
    • Article, Illustration
      Lock icon Don't link Nato bombing to WTO talks on China, ministers urge
      353 7 TOKYO China says it still wants to join, will continue market opening reforms AFP Reuters NATO'S bombing of the Chinese embassy in Belgrade must not be allowed to influence Beijing's drive to join the World Trade Organisation, trade officials
      AFP; Reuters  -  353 words
    • Article
      Lock icon China seeking to calm stock markets
      198 7 SHANGHAI Reuters, AFP CHINA tried to limit collateral damage to its financial markets yesterday amid a letup in angry street protests against Nato's bombing of its embassy in Belgrade. Shanghai's B shares rebounded 3.8 per cent yesterday as domestic investors rebuilt their positions. "Short-covering
      Reuters,; AFP  -  198 words
    • Article
      Lock icon Taiwan plans to widen law on bank mergers
      233 7 TAIPEI Bridge News TAIWAN is planning to extend a proposed merger law to cover not only commercial banks but other financial institutions, an official of the cabinet-level Council for Economic Planning and Development (CEPD) said yesterday. "To increase financial institutions' competitiveness, the
      Bridge News  -  233 words
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      138 7 EU, Japan, Canada back China's WTO bid, Pg 10 Nato's rogue bomb shatters Sino-US ties, Pg 11 S Risk. Covered by Allianz Group. m I Wherever you are. Whatever you 4 do.The Allianz Group is always on I i o Jfj f your side |o us tisk m.in.n-timni inr.ms ihinUinv,
      138 words
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  • ASIA ON THE MEND
    • Article
      Lock icon Salomon wins mandate for M'sia global bond issue
      345 8 KL 'quite prepared' for issue, launch could come in Hay or June: NEAC official Bridge News [SINGAPORE] US investment house Salomon Smith Barney said yesterday it has been awarded the mandate to lead manage Malaysia's sovereign issue. At the same time, the
      Bridge News  -  345 words
    • Article
      Lock icon Thai agency scraps loans auction after low bids
      118 8 Reuters [BANGKOK] Thailand's Financial Sector Restructuring Authority (FRA) yesterday scrapped a multi-million-dol-lar auction of loans from defunct finance companies after it received only two bids. Chairman Amaret Sila-on said the state agency, rim by the Ministry of Finance, had attracted bids averaging
      Reuters  -  118 words
    • Article, Illustration
      M'sia nets RM1b Mow after easing control
      602 8  -  Foreign fnnds have flowed into the stock market: minister FYorn Ruth Wong in Kuala Lumpur MALAYSIA has seen a net inflow of oVer one billion Malaysian ringgit (***** million) in fresh foreign funds since the introduction of the exit tax on Feb 15,
      602 words
    • Article
      M'sian think tank raises GDP growth forecast to 1.3%
      477 8  -  Projection higher than govt's 1% but below those of some foreign houses FYorn Diana Oon Abdullah in Kuala Lumpur THE Malaysian economy is expected to grow by 1.3 per cent this year, the Malaysian Institute of Economic Research (Mier) said yesterday,
      477 words
    • Article
      'Double your money in five years' RHB offer
      156 8 [KUALA LUMPUR] Tycoon Rashid Hussain yesterday unveiled an unusual unit trust with a life span of five years, banking on his belief that the Malaysian economy is set to grow strongly. "I think we can safely assume that the worst is indeed
      156 words
    • Article, Illustration
      Lock icon Salim eyeing foreign suitors
      410 8 Reuters [JAKARTA] Big chunks of the Salim Group, the former Indonesian corporate powerhouse brought low by the Asian financial crisis and the loss of its main political patron, go on offer to foreign buyers this month. The Indonesian Bank Restructuring Agency (IBRA), set up by the
      Reuters; FILE PHOTO  -  410 words
    • Article
      Miyazawa to promote bonds at Apec
      441 8  -  Aim is to help region cut dependence on foreign capital From, Anthony Rowley in Tokyo JAPAN'S Finance Minister Kiichi Miyazawa is expected to unveil a new initiative for fostering development of domestic bond markets in South-east Asia and other parts of the region during
      441 words
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      1086 8 ®NEW TOYO INTERNATIONAL HOLDINGS LTD (Incorporated in the Republic of Singapore) Notice of 3rd Annual Qeneral Meeting NOTICE IS HEREBY GIVEN that the 3rd Annual General Meeting of the Company will be held at 68A Senoko Road. Singapore *****9 on Thursday. 27 May 1999 at 10.00 a.m. to transact the
      1,086 words
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  • ASIA
    • Article, Illustration
      Lock icon Strong Aussie growth boosts Budget surplus to A$5.4b
      774 9 CANBERRA Govt plans to repay As2o.sb of debt from sale of Telstra stake Bloomberg AFP THE Australian government yesterday unveiled a forecast Budget surplus of A 55.4 billion (Ss6.l billion) for the fiscal year to June 2000 as unexpectedly strong economic growth
      Bloomberg; AFP  -  774 words
    • Article
      Lock icon Korean state firms fined for illegal aid to affiliates
      144 9 SEOUL Bridge News SOUTH Korea's Fair Trade Commission (FTC) announced yesterday that it has discovered that eight staterun corporations have illegally aided their affiliates and is assessing a total of 5.2 billion won (557.36 million) in fines against them. Korea Electric
      Bridge News  -  144 words
    • ASIA Notes
      • Article
        Lock icon Tokyo to start looking at ailing insurers
        76 9 AFP [TOKYO] Japanese authorities, fresh from pumping billions of dollars into bad loan-ridden banks, said yesterday that they will turn their gaze this month to the troubled life insurance industry. Inspections of 35 life insurers, focusing on their assets, begin later this month,
        AFP  -  76 words
      • Article
        Lock icon GTM pumps US$5b into Daewoo venture
        58 9 AFP [SEOUL] French construction group GTM agreed yesterday to invest US$5 billion (SsB.s billion) in a South Korean road project spearheaded by Daewoo Corp, Daewoo officials said. Daewoo said the deal called for GTM to inject US$5 billion into the project, expected to cost
        AFP  -  58 words
      • Article
        Lock icon Rajiv conspirators acquitted
        69 9 AFP [NEW DELHI] India's Supreme Court yesterday acquitted 19 people sentenced to death last year for the assassination of former premier Rajiv Gandhi while upholding the death penalty on four others. A court official said another three convicted conspirators had death sentences commuted to life imprisonment. Rajiv
        AFP  -  69 words
    • Article
      Lock icon Japan chip makers' profits may suffer as prices fall
      462 9 TOKYO Analysts say prices now down to as low as US$6.9O Bloomberg JAPAN'S five largest chip makers may not return to profitability this year because prices of the memory chips most commonly used in personal computers are falling again. The five
      Bloomberg  -  462 words
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      126 9 m II YOU ONLY~BECOME THE WORLD'S MOST ADMIRED PACKAGE DELIVERY COMPANY BY PERFORMING ABOVE ■m mm WA mm In a Fortune magazine survey of customers comprising wM E m mm wM senior executives, outside directors and financial analysts, UPS was named the world leader in its field. It's an accolade
      126 words
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  • THE WORLD
    • Article
      Lock icon IBM, HP, Seagate to unveil new storage technology
      247 10 LAS VEGAS Bloomberg INTERNATIONAL Business Machines Corp and HewlettPackard Co, the top two computer makers, are teaming with Seagate Technology Inc to unveil tape-storage technology to take on market leader Quantum Corp. IBM and HP will introduce the technology, called Linear Tape
      Bloomberg  -  247 words
    • Article, Illustration
      Lock icon EU, Japan, Canada give strong support to China's WTO bid
      662 10  -  US under pressure to back Bering to defuse tension over Nato bombing From, Anthony Rowley in Tokyo CHINA'S early entry into the World Trade Organisation (WTO) seemed virtually assured last night after the first day of quadrilateral talks in Tokyo
      AFP  -  662 words
    • Article
      Lock icon US Q1 productivity up 4%, beating forecasts
      202 10 WASHINGTON Bloomberg US worker productivity rose at a faster-than-expected pace in the first quarter, showing how companies are able to expand production and profits without raising prices. Non-farm productivity calculated as an index of worker output per hour rose at a 4 per
      Bloomberg  -  202 words
    • Article
      Lock icon Quantum fund chief bets on global upturn
      225 10 LONDON But widening US trade deficit is an 'impending disaster', he warns Reuters THE world economy is set for an upswing which will be negative for global bonds, pose a risk to the dollar but be bullish for commodities and Japanese stocks, the
      Reuters  -  225 words
    • Article
      Lock icon War against Y2K now a US$3t industry
      284 10 BANGKOK Reuters FIGHTING the millennium bug is now a US$3 trillion (Sss trillion) global industry which continues to grow rapidly, US-based computer company Bicom Link said yesterday. Bicom founder and president Jeffery Boonmee said he expected prices of computers and components needed to
      Reuters  -  284 words
  • Page 10 Advertisements
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      58 10 jp|> s J£*' box com ter Developer of Global Connectivity Solutions Software IBEX (South East ÜBEX (Greater Consumer to compete more Bringing You these Benefits State-of-the-Art Technology Highly Secured Trading Environment Scability to Grow as Your Business Grow Neutral Third Party if there is Legal Dispute Streamlined Business Processes ;;\SS|
      58 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Sanctions fail nearly all of the time
      742 11  -  ■puts BOTTOM LDVE OPINION By Reginald Dale The writer is a columnist with the International Herald Tribune, where this commentary first appeared AMERICA'S search for bloodless ways to impose its will on adversaries, a quest that has intensified since the end of the
      742 words
    • Article
      IN OTHER WORDS
      147 11 'What they want to capture is an ever growing number of millionaires in Asia and, to some extent, in Latin America' Sbmm Bh—lt a banking analyst, on why HSBC is buying Safra Republic Holdings to acquire 30,000 international clients in high-margin private banking that caters to people
      147 words
    • Article
      India's political drift
      622 11 EDITORIAL ALL that Sonia Gandhi has achieved by ousting the Bharatiya Janata Party (BJP) government is ensure that India will go through five months of policy drift while voters make up their minds on who they want to govern the country. Any gain for her Congress party
      622 words
    • Article, Illustration
      Lock icon Nato's rogue bomb shatters Sino-US ties
      1031 11  -  Chinese embassy blast threatens China's entry to the WTO and could start a new Cold War By] Leon Hadar The writer is BT's Washington correspondent THE Sino-American relationship was showing signs of stress even before the accidental bombing by the North Atlantic Treaty Organisation
      FILE PHOTO  -  1,031 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      1018 11 Boon deal Is gUnt retreat US President Clinton will hail the new agreement as bringing peace in our time to the Balkans. But the devil is in the details. Although Kosovo regains some sort of autonomy, while Serbia retains overall sovereignty, what this will mean in
      1,018 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Comedy versus computer graphics
      501 12 Notting Hill clashes head on with Star Wars this summer: Will lightning strike twice? Reuters [LONDON] The team that turned Four Weddings and a Funeral into Britain's most successful film believe lightning can strike twice even if they have to take on Star Wars. The keenly
      Reuters; FILE PHOTOS  -  501 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      176 12 Where to wine, dine and entertain...^ Enjoy BIG discounts I< CT > \n'v off house-pouring dnnks and beers, t with tasty snacks, Catch our talented "\w^ local duo, who will T C Ja ijlm serenade you with _JK r\f f popular love songs of today and yesteryear VJ U as
      176 words
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      Page 12 Advertisements Column 2
      71 12 *i available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tal: 737 9944 Fax; 733 3175 Advertise in Wine, Dine Entertain 7 of The Business Times and reach out w to 140,000 readers daily. ;JjHE v. +ti&%s
      71 words
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      Page 12 Advertisements Column 3
      56 12 D wm I SPECIAL WEEKENDBUFFET Come and celebrate the weekend with a delicious buffet spread of local western delicacies and a variety of hot and cold desserts at Coleman's Cafe, from 12.00n00n 5.00pm. Adult $12.80*** Child $B.Bo*** EXCEPT PUBUC HOLIDAYS. ADULT SIS t»". CHILD tt2W WITH FREE FLOW OF FRESH
      56 words
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      Page 12 Advertisements Column 4
      137 12 You'll love the Japanese Dinner Buffet at St. Gregory's Brasserie of Grand Plaza Parkroyal. It features all-time favourites such as Sushi, Sashimi, Tempura and tempting hot pots as Beef Katsu, Tori Terriyaki and many more. *28 (Adult) *14 (Child) For reservations, please call tel: 432 5567. Pnca subject to lemce
      137 words
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      Page 12 Advertisements Column 5
      141 12 7 1 tfWlrtf Coffeehouse 1 st floor The Magic of WAjPM A Thailand at Chatterbox Coffeehouse 9 to 23 May 1999 Enquiries: < 831 6291 Iy v Mandarin (HJ Singapore 333 Orchard Road, Singapore *****7. Tel: 737 4411 Fax: 732 2361 p«TSO*\ (j«f tuncK Wesfer* or Loc«0, wifU free joft-
      141 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      1100 12 CRYPTIC CROSSWORD ACROSS HTI 2 p 1 p i p i p 1 Lady at port postponed pay- hJ—LgJ —U —Um 7 Tar part hesitantly, then on- P ly second half (7) I 8 For a period, deputy head BK IB fljj[ did some rummaging (7) BH pH P® 10
      1,100 words
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  • COMPANIES & MARKETS
    • Article
      Yenville to sell 24.5% Econ stake to AEL
      353 13  -  $40m deal is US-based AEL's first foray in the region W Teh Hooi Ling [SINGAPORE] Yenville Pte Ltd, owned by Indonesia's Pribadi family and Deddy Kusuma, has agreed to sell its entire 24.5 per cent stake in Econ International to USbased Asian
      353 words
    • Article
      UOL to raise $300m from bond issue, warrants, loan facility
      519 13  -  FUND RAISING Fnnds to be used to reduce borrowings; Dragon Land, GRP to place oat shares By' Teh Hooi Ling [SINGAPORE] United Overseas Land yesterday proposed a $300 million fundraising exercise, whUe Dragon Land and GRP Ltd too sought to
      519 words
    • Article
      Will it be the same ho-hum story at UIC again?
      904 13  -  HOCK LOCK SIEW Wong Wei Kong SHAREHOLDING changes in many companies often act as a catalyst for change but apparently not at United Industrial Corp (UIC). Some two weeks after Filipino tycoon John Gokongwei bought into UIC in a highly
      904 words
    • Article, Illustration
      FCC to take 4.4% stake in HPL
      277 13  -  Buying placement shares gives FCC total interest of 7.7% By* Corinne Kerk [SINGAPORE] First Capital Corporation's wholly-owned subsidiary Mimax Ribbons has agreed to acquire a 4.4 per cent interest in the enlarged share capital of Hotel Properties Ltd (HPL). It is taking up
      277 words
    • Article, Illustration
      Lock icon CityDev draws Mitsui, AIA into Thomson 800
      296 13  -  They will each take 20% of CityDev's share of project By, Ang Wan May [SINGAPORE] American International Assurance Co (AIA) and the Japanese Mitsui group have each taken a 20 per cent stake in City Development's share of the Thomson 800 apartment project.
      FILE PHOTO  -  296 words
    • COMPANIES
      • Article
        Lock icon Renong unit to sell Johor land for RM435m
        191 14 Reuters [KUALA LUMPUR] Renong Bhd said its subsidiary Prolink Development Sdn Bhd has signed agreements for two call options and two put options in relation to a piece of land in Johor. Renong last week said Prolink had entered a conditional agreement
        Reuters  -  191 words
      • Article, Illustration
        Lock icon Tenaga makes RM375m profit
        654 14  -  First-half results fail to meet analysts' forecasts; turnover up just 1.4% From Ruth Wong in Kuala Lumpur MALAYSIA'S power utility Tenaga Nasional Bhd swung to a group net profit of 375 million Malaysian ringgit (*****.6 million) for the six months ended Feb 27, 1999, but the
        FILE PHOTO  -  654 words
      • Article
        CAM unsure of banks' continued support: auditors
        309 14 Comments in annual report also mention uncertainty over raising enough funds [SINGAPORE] The future of contract manufacturer CAM International Holdings remains uncertain, judging by comments made by its auditors in its latest annual report. Auditors Deloitte Touche said in the annual report, which
        309 words
      • Article
        Lock icon Analysts rate Philippines' PCI Bank a good catch
        291 14 Reuters [MANILA] The Philippines' biggest sale of bank equity is expected to attract aggressive bids next month when 72 per cent of PCI Bank goes on the auction block. The sale could also guide valuations in future bank mergers in the country's
        Reuters  -  291 words
      • Article, Illustration
        Lock icon Net a robotic dog
        68 14 [TOKYO] Corporate vice-president Toshitada Doi of Sony Corporation introducing the company's new entertainment robot, "Aibo", in Tokyo yesterday. Mr Doi announced plans to sell the limited number 0f5,000 dog-shaped robots in Japan andthe US starting July this year at the price of2so,oooyen (553,513) in Japan and
        AFP  -  68 words
      • Article
        Lock icon Tan Chong sees return to profits this year
        252 14 Motor, auto parts units expected to do better: chairman AFXAsia [KUALA LUMPURI Tan Chong Motor Holdings expects to return to profitability this year amid indications that the economy is gradually emerging from Malaysia's worst economic crisis, chairman Tan Kim Hor said in
        AFX- Asia  -  252 words
      • COMPANY Briefs
        • Article
          GPE buys out UK unit for £400,000
          51 14 [SINGAPORE] GPE Industries Ltd said its wholly-owned subsidiary, GP Acoustics Ltd, has acquired an additional 5 per cent interest in KH Industries (UK) Ltd for £400,000 (SSI.I million). KH Industries, which develops and manufactures acoustics products, is now 100 per cent owned by
          51 words
        • Article
          CSC unit wins $20m contract
          49 14 [SINGAPORE] CSC Holdings' wholly-owned subsidiary Ching Soon Construction has been awarded a $20 million contract for the piling works for a Punggol East project by Chew Eu Hock Construction Co, the main contractor for the project. The term of the project is six months.
          49 words
        • Article
          Casa now a CPF trustee stock
          28 14 [SINGAPORE] The Central Provident Fund Board has updated its list of trustee shares under the CPF Investment Scheme to include Casa Holdings.
          28 words
        • Article
          Casa signs China joint venture deal
          103 14 [SINGAPORE] Casa Holdings signed a Memorandum of Understanding last month with Qingdao Aucma Group General Co (Qingdao Aucma) and Fiamma Holdings Bhd (Fiamma) to set up a washing machine manufacturing plant in Qingdao, China. The proposed joint venture company will have an authorised share
          103 words
    • HSBC'S BANK DEAL
      • Article, Illustration
        Lock icon Treat with care: The bank that Safra built
        946 15 Will a private hanking empire wired on personal connections and cosy pampering flourish or fail in the hands of big business? Bloomberg Low-profile Edmond J Safra was the master of personal banking relationships. The billionaire financier had a light touch that kept
        Bloomberg  -  946 words
      • Article
        HSBC acquisition unlikely to affect S'pore private banking
        295 15  -  Move expected to have greater impact in Europe: bankers By\ Siow Li Sen [SINGAPORE] HSBC's acquisition of the US-based Republic National Bank of New York (RNBNY) is unlikely to have much impact on private banking business here, unlike in Europe, say private
        295 words
      • Article
        Lock icon US banks may rethink global plans
        440 15 Latest tie-up reinforces consolidation trend Reuters [NEW YORK] HSBC Holdings pic's US$lO.3 billion (5517.5 billion) deal to buy Republic New York Corp could make US banks rethink their global aspirations as US and foreign financial services companies increasingly join forces. The tie-up between Britain's
        Reuters  -  440 words
      • Article
        HSBC's bank deal good in long-term: analysts
        554 15  -  But they see risks from greater North American exposure By TO. Meera Tharmaratnam in Hongkong HSBC Holdings closed unchanged in the stock market yesterday following news of its US$lO.3 billion (5517.5 billion) acquisition of US-based Republic National Bank of New York and its
        554 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon World pension assets set to soar to US$15t by 2003
        661 16 The 39% rise seen putting pressure on banks, insurers to buy fund managers Bloomberg [STAMFORD, Connecticut] Global retirement fund assets will climb more than 39 per cent to almost US$l5.4 trillion (5526.2 trillion) in the next four years and that
        Bloomberg  -  661 words
      • Article
        Lock icon US group considering bid to buy LTCB
        339 16 Bid could be controversial since govt helping to clean up failed bank FT [NEW YORK] A US private equity group is considering launching a bid for Long Term Credit Bank, the failed Japanese bank being sold by the government. New York-based Ripplewood Holdings
        FT  -  339 words
      • Article
        Lock icon BNP Q1 net surges 78%, outpacing SocGen, Paribas
        359 16 Bloomberg [PARIS] Banque Nationale de Paris SA said first-quarter profit rose 78 per cent, outpacing Societe Generate SA and Paribas SA and providing BNP with fresh ammunition in its US$37 billion (Ss63 billion) hostile bids for its French rivals. BNP's Q1 profit
        Bloomberg  -  359 words
      • Article
        Lock icon Citibank completes US$5b Japanese syndicated loan
        217 16 FT [TOKYO] Citibank, the US banking group, was expected to complete yesterday a US$5 billion (SsB.s billion) syndicated loan for Japan Tobacco in the largest such deal arranged for a Japanese company. It is also believed to be the largest syndicate loan arranged in
        FT  -  217 words
      • Article
        Futures pull back after sharp opening gains
        132 17  -  SIMKX Reports MSCI Singapore index Edward Cheung, Jardine Fleming THE MSCI Singapore Index opened up sharply yesterday on a technical rebound but drifted lower with the lack of follow-through buying from foreign institutions. Foreign funds are still flowing into the region but Singapore
        132 words
      • Article
        Resistance at 330 level softens market
        182 17  -  MSCZ Taiwan (Moras Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures yesterday saw a 3.7-point faU in both the May and June contracts. The Taiex closed lower by 9.92 points. The futures opened one point higher after Nasdaq posted a 22.77-point
        182 words
      • Article
        Lock icon Oil prices fall as refineries worry about poor margins
        341 17 ENERGY REPORT Reuters [LONDON] World oil prices slipped yesterday amid fresh signs that refinery profit margins have failed to keep pace with international crude markets. London futures for benchmark June Brent blend lost 38 cents to trade at U5516.07 a barrel
        Reuters  -  341 words
      • Article
        Lock icon CURRENCY REPORT
        306 17 Reuters London THE dollar clawed back ground against the euro and the yen yesterday amid concern that the Kosovo conflict will drag on and lingering disappointment that Japan had not stimulated its economy with more fiscal measures. By late European trade, the euro had erased all gains from
        Reuters  -  306 words
      • Article, Illustration
        Untitled
        1201 17 nfTERBAIfg CROSS RATES May 11 A* C$ Pro ffr Dw HK$ M t» »t»H> Yea Won 811 ft! t» S$ tmi Sir WT$ 8*t Hmt US$ Australia 0 973 6.171 0.619 4.059 1.210 5.171 28.502 52.697 0.806 7.996 2.535 L193 33.960 25.088 1134 4.118 0.995 21.839 24.524 0.411 0*67 Canada
        1,201 words
      • Article
        Untitled
        1721 17 SICOM FUTUilBS May u RU9KR (Mm dosing «t SJOpa) RSSICONTRACTncMtiAti ClM* VMNM dm Mqrtfc W«k low Sttt (towm) Nrttrtrt JM 99 103.50 50 Jul 99 »7.50 775 **99 ***** 375 S«p 99 112.25 275 Od/OK 99 116J5 1*75 1*75 BO 900 Jan/Mir 00 ***** RSS 3 CONTRACT (US carts/kg) VoiMW
        1,721 words
    • Article, Illustration
      Lock icon HONGKONG
      1381 18 AFP QjUngSeog -M&B3 HONGKONG share prices fell 2.2 per cent yesterday to below the psychological 13,000point level amid concerns over US and local interest rate trends and anti-Nato protests in China, dealers said. "Basically, it is due to fears of a local and US interest rate hike," said Michael
      AFP  -  1,381 words
    • Article, Illustration
      Lock icon CHINA
      539 18 Reuters FlShenifaepß Index +Ll2 SHENZHEN stocks ended higher yesterday after official calls for market stability following Monday's sharp slides in reaction to Nato's bombing of the Chinese embassy in Yugoslavia. The hard currency B share index advanced 1.12 points, or 2.11 per cent, to 54.19 after tumbling 7.25 per
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  539 words
    • Article
      Lock icon TAIPEI
      300 18 AFP □WP Index -U2 TAIWAN share prices closed 0.1 per cent lower yesterday after late selling erased early gains, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 9.92 points to 7,474.45 on a turnover of NT5103.35 billion. "Investors were reluctant to push the upside as the bourse
      AFP  -  300 words
    • Article
      WORLD STOCK MARKETS
      2129 18 MMttUs May 11 *h Group 7.04 0.09 A a Foods 4-81 0.14 A B Ports 2.84 0.02 AMance t Leicester 8.76 -0.10 AModOomecq 5.40 0.01 AMod Zurich 7.84 0.10 Anglo American Gold 39.70 -0.50 ASOA Group 1.91 0X3 Bonk of Scotland 8.67 -0.13 Barclays 18.61 0.57 Bass
      2,129 words
    • Article
      Lock icon TOKYO
      1548 18 AFP Qnua -mB3 SHARE prices in Tokyo closed 1.4 per cent lower yesterday as selling prevailed in the absence of fresh buying incentives, brokers said. "Investors could not find new (buying) incentives after the recent bullish mood and moved for a modest correction," said Hiroichi Nishi, general manager at
      AFP  -  1,548 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares rise on buying of blue chips
        390 19 AFP, AFX-Asia Composite lodei +17J56 SHARE prices closed 2.5 per cent higher yesterday on heavy buying of blue-chip issues amid expectations that Malaysia would soon be reinstated on the Morgan Stanley Capital Index, dealers said. "There was no real reason for the sudden
        AFP,; AFX-Asia  -  390 words
      • Article
        Untitled
        8308 19 Cmswmt prefects 1*99 Last Vol D*y N*t Cap Ml# Lpw Cl«M»V m» -000 Hlgb Law P/t tn* 330 255 AJInomoto 304 6 1 304 304 148 123.2 •9 46 Angkasa 77 2 29 80 77 n3.5 283 220 Apollg Food Hlg 270 -10 2 270 270 9.4 108.0 204 1»
        8,308 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2210 20 IONM, LOAMS I WAftftANTS 52-Wk Last Vol Day Last 0<Mtl Av« High Low Stno Company Sal* *ar- COOO) High La* Buyar SaMar Plica 25 3 I 3K0 "Acar ******1 US$ 23 *15 70 23 22 223 23 35.5 4.5 s 3164 Acma ******4 31.5 *1 697 32 29.5 31 31.5
        2,210 words
      • Article
        Ipco 2002: make hay while the sun shines
        187 20  -  WARRANT WATCH -By R Sivanithy US-DOLLAR stocks seem to be still in favour so let's take a look at engineering firm Ipco, which we haven't featured for some time. At 44 US cents, the Ipco 2002 warrant offers gearing of just under
        187 words
      • Article
        CLOB INTERNATIONAL
        252 20 HONGKONG STOCKS WKKtKKM Or Or J2 WI Last Vol Day Last Ouoto Dtv Dt* YM Hot M Cap Wqh Law Stno Company Sato COOP) High Law Buyar S—Of CV P/l 345 T73 5123 COL (2000) HK 295 id 20 295 295 295 8 17 2.7 10 5711.7 5124
        252 words
      • Article
        Lock icon WELLINGTON
        292 20 AFP n Wellington -3L7 NEW Zealand share prices fell 1.4 per cent yesterday in heavy turnover driven by the listing of former state-owned power utility Contact Energy, dealers said. The NZSE-40 Capital Index fell 31.7 points to 2,194.95, with turnover soaring to NZ5325.5 million. —AFP m V- ctm MwhH
        AFP  -  292 words
      • Article, Illustration
        Lock icon BANGKOK
        898 20 AFP I*l SET Index *43 THAI shares closed up nearly one per cent yesterday as investors accumulated finance sector and banking stocks, dealers said. The benchmark Stock Exchange of Thailand (SET) Index rose 4.8 points to close at 495.23 points. Dealers said the market once again tested the significant
        AFP  -  898 words
      • Article
        Lock icon SEOUL
        379 20 AFP Q Composite lite-3183 SOUTH Korean share prices yesterday fell 4 per cent to close below the key 800-point level as heavy selling intensified towards the end of the session, dealers said. In fluctuating morning trade, second and third liners rose, succumbing, however, to strong futures-linked selling in mainly
        AFP  -  379 words
      • Article
        Lock icon SYDNEY
        634 20 AFP □AU OrdnMUTie* -ILB AUSTRALIAN shares closed 0.4 per cent lower yesterday in a renewed resources sell-off in the wake of weaker gold and other commodity prices overnight, dealers said. The All Ordinaries Index fell 11.8 points to 2,984.90. The All Industrials Index fell 6.9 points to 5,226.90 and
        AFP  -  634 words
      • Article, Illustration
        Lock icon JAKARTA
        704 20 AFP Q Composite Index -Ll3 INDONESIAN share prices closed 0.2 per cent lower yesterday with profit-taking in select large-cap stocks offsetting a technical rebound in the broad market, dealers said. A dealer at a foreign brokerage said he believed some foreign investors had started to cut down their equity
        AFP  -  704 words
      • Article
        Lock icon MANILA
        314 20 AFP n Manila -2725 PHILIPPINE share prices closed 1.1 per cent lower yesterday as investors locked in profits on recent gains. The Philippine Stock Exchange Composite Index shed 27.25 points to 2,537.58. Volume rose to 4.49 billion shares while value fell to 3.04 billion pesos, compared to 2.3 billion
        AFP  -  314 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7111 21 Tr.msaction date: May 11 Of Qr m Wt S2-WH Last V*l Day Last Quote Dl» Dlv YM Net Cap Avg Low StNo Company Sala COOP) High Law ■uyor Sailor C'yr P/t $m« Price MUlTb INDUSTRY 127 17.5 m b lOOO Acma 50c 123 cd
      7,111 words
    • Article
      SESDAQ
      1371 21 Or Of M Wt 52-Wk Last Vol Day Laat Ouota Mv Dtv YM Nat Cap A*g HIgil Law M» Ciw»m»y M» fOOO) HH» t— toyf Mo Cw M Wet 149 30 c 2049 AS Auto 10c TIB unch 614 122 116 118 119 15 N 7 U 11.1 134.7
      1,371 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        364 22 Stecks Volume Frt Links 20c 66,119,000 Asia Food&Prop 38,256.000 Roty IntUSIOc 30,683,000 LionAsiapac25c 25,294,000 DragonLand 10c 23,752,000 •TanChonqlnt50c 19,470,000 Ailqreen 50c 18,790,000 Frt Links Wt02 16,333,000 Inno-Pac 20c 14,887,000 CSC Hklgs 10c 13.133.000 Stacks i SPH 50,268.912 0C8C Foreiqn 44,877,406 Allqreen 50c 32,585,171 •TanChonqlntSOc 29,730,882 DBS Foreiqn 28,467.183 SingTel 15c
        364 words
      • Article, Illustration
        Market rebounds, with US$ stocks back in focus
        628 22  -  STOCK MARKET COMMENTARY Sing Tel, SPH lead charge upwards; brokers expect rally to continue, although much depends on Wall St By R Sivanithy [SINGAPORE] The local stock market yesterday passed its latest test with flying colours when it rebounded from two days
        628 words
      • ON THE GRAPEVINE
        • Article
          Really different this time?
          115 22 THERE'S an old saying about stock markets: when shoe-shine boys start giving you stock tips, it's time to bail out. During a three-week trip to the US recently, one of our correspondents found the market mania had indeed spread far and wide. He was advised by
          115 words
        • Article
          Breaking the sound barrier
          70 22 SINGAPORE Airlines promises passengers in all classes from this month cinema-quality sound on its tiny screens on standard stereo headphones, thanks to new technology developed by Australia's Lake DSP. This is the first time the new Dolby technology is available anywhere in the world, says SLA
          70 words
        • Article
          So mucch bull in a burger
          146 22 BURGERS are big business —and now we know why. Well, maybe; you decide. BBC World Service recently featured an article from New Scientist magazine which argued that people go for burgers in such a big way because the patty-in-a-bun "satisfies an atavistic need". It's
          146 words
        • Article
          Set to make waves again in Malaysia
          129 22 MALAYSIAN businessman Samsudin Abu Hassan seems to still possess the Midas touch. Last Friday, he was appointed deputy chairman of property and finance-based Bolton Bhd, and a non-executive director of property counter Kejora Harta Bhd. When trading resumed on Monday, Bolton shares and
          129 words
      • Article, Illustration
        HOT STOCK
        73 22  -  g -By Wong Wei Kong FREIGHT Links shares rose 3.5 cents to $0.31 yesterday on a heavy volume of 66.1 million shares, compared with its 10day traded average of 14.6 million units. The stock has hit another new 52-week high, but technical indicators such as the RSI, Stochastics
        73 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      171 13 I Investment in R&D is the distinguishing factor and distinction to outstanding, locally-based high- I that can propel organisations into the fore- tech companies which embrace creative R&D I front of global competition. The Technology solutions in technology, to improve their I Achievement Award 1999 is the first and only
      171 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      826 14 t^e Sqy. ereign S&per Luxurious p3 Condominium for 2,700 Sq. Ft. High Floor t I "-5~ *4+l Rooms. Partially Furnished I ~r- Panoramic Seaview kflu Full Facilities, 24 Hours Security j Private Lift T",I 5 minutes walk to East Coast Beach Kindly Contact Owner at: i>jM OCCUPATION Wond y Edwin
      826 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      203 15 ROBERT FLEMING EQUITY DERIVATIVES LIMITED NOTICE TO WARRANTHOLDERS TO: ALL HOLDERS OF EUROPEAN STYLE CALL WARRANTS RELATING TO THE "LOCAL" DESIGNATED SHARES OF OVERSEAS UNION BANK LIMITED ISSUED BY ROBERT FLEMING EQUITY DERIVATIVES LIMITED ON 10TH MAY, 1999. Notice is hereby given by Robert Fleming Equity Derivatives Limited (the "Issuer*)
      203 words
    • Advertisement
      Page 15 Advertisements Column 2
      793 15 0111 CAM International Holdings Ltd (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of the Company will be held on Thursday, 27 May 1999 at 4.00 pm at Carlton Hotel, Esplanade Room A, Level 4,76 Bras Basah
      793 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      484 16 A Wassail Wassail Asia Pacific Ltd NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Eighteenth Annual General Meeting of the Company will be held at Red Azalea Room (Tower Wing, Mezzanine Floor), Shangri-La Hotel, Orange Grove Road, Singapore *****0 on 27 May 1999 at 2.30 p.m. for
      484 words
    • Advertisement
      Page 16 Advertisements Column 2
      1331 16 I SAMUDERA SHIPPING LINE LTD I (Incorporated in the Republic of Singapore) H Registered Office 10 Hoe Chiang Road, #17-02 Keppel Towers, Singapore *****5 H I NOTICE OF ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN that the 5* Annual General Meeting ol the Company will be held at Mandarin
      1,331 words
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  • Page 18 Advertisements
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      28 20 iL *^LS^P ?v Iff :m& ifttt: iws|B,^^*4ic^. flQ|H^Kßppii^K^y^f H| ajflfc wg§&* aEKBHr W wB IBK argr l <*> jfßg MBF J| SB- fir 4ii it Imili Ik ji|jw j
      28 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      35 21 igHgrag '?M-' IP! iUDEMARSPIGUET Le maitre de I'horlogerie depuis 1875 Who is behind an Audemars Piguet watch? Regional Showroom a Service Centre: AUDEMARS (SINGAPORE) Raffles Boulevard #01-111/112 Millenia Walk Singapore *****6. Tel: 3/3391 CortinaWatdlCentre i
      35 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1815 22 Short of cash to invest? Triple your cash with our Margin Financing! Call DBS Investor Online at 438-1188 today. >I< DBS BANK NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF JAPAN PULP ft
      1,815 words
    • Advertisement
      Page 22 Advertisements Column 2
      60 22 Your (F future is 1 your 1 concern M if I i I a start to your future i| T» Advertise: -4 Call UOO-7411M3 t=, y mm L The company is growing and we needed more people. We turned to Recruit and found ail the people we needed. Sunday Classified
      60 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      299 23 Bridge News, Reuters TANKERS: Owners of Aframax tonnage booked from the North Sea saw a hike in rates for prompt positions with levels of worldscale 105 and 107.5 reported paid. Rates for very large crude carriers (VLCCs) fixed from the Persian Gulf were seen to be holding at
      Bridge News,; Reuters  -  299 words
    • Article
      MARITIME STOCKS
      265 23 m M*n w CWT Distribution a90 004 166 Oman Hup 0.96 -001 1073 Cotco hwastmant—0.99 0X2 77 Fralfht Links 0.31 0.04 66V9 GBHoMlngs 0X1 0.01 M Hat Sun Hup 0.71 -0 01 S93 IMC HoMn^s-HK—5.60 unch 0 Jaya llllftp 0.66 0X2 409 Jvono Shipyard 7X0 0.05 298 KappalCorp
      265 words
    • Article, Illustration
      Lock icon Corporatised PSA chalks up $931m profit in first 15 months
      609 23  -  Flat revenues as 1998 was an extremely difficult year dne to Asian economic crisis: PSA chairman By Felix Chan [SINGAPORE] PSA Corp posted net earnings of $931 million in its first 15 months as a corporatised entity but warned that
      CHRIS LOH  -  609 words
    • Article
      No plans to offer dedicated terminals
      462 23  -  PSA can provide better service at lower cost: DrYeo By] Marcus Hand [SINGAPORE] PSA Corp is not planning to offer dedicated berths to shipping lines to meet the challenge of competition from regional ports, saying that it can provide more efficient services. "We have
      462 words
    • Article
      Time to review tonnage rules pertaining to boxship design
      743 23  -  STRAIT TALK By\ Seafarer THE tonnage of vessels is a subject guaranteed to trip up the casual observer of the shipping industry. It invariably baffles the journalists of the general media, hence the frequency of articles referring to "gross tonnes". In
      743 words
    • Article
      S'pore shippers hail US ocean shipping reform
      318 23  -  But concern raised over smaller shippers who may loseont By. Marcus Hand (SINGAPORE] The Singapore National Shippers Council (SNSC) views the deregulation of US ocean shipping from the beginning of this month as a positive development for shippers as it encourages competition, but
      318 words
    • Article
      Team from Le Havre port visiting S'pore
      209 23 [SINGAPORE] A trade mission from the port of Le Havre is arriving in Singapore today in an effort to promote its facilities and project itself as the largest French seaport and a major port of call in Europe. The three-day mission is led
      209 words
    • Article, Illustration
      Lock icon Filling needs of niche market
      696 24 OFFSHORE SERVICE VESSELS New generation of hi-tech vessels meets the needs of oil industry's continuing drive into deeper waters ABS Surveyor AFTER long years in which only a handful of new OSVs (offshore service vessels) were delivered, a new generation of hi-tech boats is entering
      ABS Surveyor  -  696 words
    • Article
      SHIPPING SCHEDULES INDEX
      321 24 PAGE FoongSun 8 Froti 12 AML 3 Frt Links 14 Accord 8 GUnk 4 Ahrenkiel 14 Gmwtrim 6 AASCO 12 nsh W Aw flsh 1 5 h£2L 12 Asia OCL 5 HaiSonHup 12 Austral 8 Avant 14 3 B'tang Mas 8 A BSA 7 How h 13
      321 words
    • Article
      SHIPPING GUIDE
      19251 31 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 19/05 15/06 Delmas IWATO 018S 45-*****44 To ABIDJAN (ABJ) 2003 Cote D'lvoire 19/05 iyo* mol neolloyo owinoco «wa u 2200m 21/05 27/0*
      19,251 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        705 37 Vessel Voy Mo Brth Arrival Dfpartur# J«n| Part Uu Seraya 1199 X2 alongside 11.05/2015 BtBertaft *****9 XI atongside. 12.05/0400 M 0enc*a2 *****9 J01 atongside 12.05/2359 St Mm Gt6 S7 *****9 J01 alongside 12.05/0100 Bt Mustika *****9 J01 alongside 11.05/2300 It Pa| *>795 *****9 J01 alongside 12.05/0100 Bt Ind
        705 words
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        CONTAINER SCHEDULES
        1851 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclnq/BaUnce Rstls Ship Voy Ho Etb/Btr Pwtod From To From Acx o«ty on« m/otoo u nmoo n/559 n/noo n/Hoo n/i*59 n/noo u n/1700 12/0*59 K/0900 a n/1700 12/0*59 woo 1 12/0700 12/1H9 12/MOO 4 12/1200 12/M59 12/1700 I VMM C025.
        1,851 words
      • Article
        GLOBAL HOLIDAYS
        186 37 May 13 Indonesia: Ascension Day. Germany: Ascension Day. France: Ascension Day. Austria: Ascension Day. Belgium: Ascension Day. Denmark: Ascension Day. Finland: Ascension Day. Switzerland: Ascension Day May 24 Germany: Whit Monday. France: Whit Monday. Austria: Whit Monday. Belgium: Whit Monday. Canada: Victoria Day. Denmark: Whit Monday. May 20
        186 words
      • Article
        COCKETT BUNKER MARKET REPORT
        795 37 THIS report, compiled by Cockett Ma rlae Oil Ltd. shows price ranges In US dollars Instead of single prices for a more comprehensive description of the mar ket Prices shown are based on average sized stem. Market movements are indi cated. The Cockett Bunker Price Index
        795 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        468 37 Carbon W M«x 990.0 0.9 19 J 0.09 75 0.09 ii*v 4 D#n«itv Mit«r Rtslduf A sit Aluminum Stdlntflt No ibovt £25 0 0 8 -I—I 380 A* 987.2 0.4 13.5 0.07 36 0.02 MO Max 991.7 1.8 19.5 0.09 58 0.04 iMn »m/m m/m mt
        468 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon MAS to meet UK officials over low fuel charge
        434 38  -  Carrier will prove it has not breached safety regulations: MAS chairman By. Felix Chan [SINGAPORE] Malaysia Airlines (MAS) has denied reports that one of its jets almost ran out of fuel over London last month and said it will meet British
        FILE PHOTO  -  434 words
      • Article, Illustration
        Lock icon Virgin Shaglantic it is
        78 38 [LOS ANGELES] Virgin Atlantic Airways chief executive officer Richard Branson (left) poses with a cut-out of actor Mike Myers as Austin Powers, after christening ceremonies of Virgin Shaglantic Flight double-O-Seven at Los Angeles International Airport. The unveiling of the renamed and redecorated airliner signalled the start
        REUTERS  -  78 words
      • Article
        Lock icon British Aerospace may consider change of name
        343 38 Financial Times [LONDON] British Aerospace is considering a change of name on the grounds that it is neither overwhelmingly British nor an aerospace company. The £7 billion (5519.4 billion) bid this year for Marconi, which still requires the approval of regulators in the
        Financial Times  -  343 words
      • Article
        Lock icon Korean Air crash: cockpit voice recordings reveal throttle problem
        475 38 Plane strayed off course shortly after takeoff AFP [SEOUL] Cockpit voice recordings from the Korean Air cargo jet that crashed in China last month reveal a chaotic last-minute conversation between its pilots over problems with engine throttles, officials said. "Unable to
        AFP  -  475 words
      • Article, Illustration
        Lock icon Air cargo makes up 20% of UK trade by value
        283 38 Reuters [LONDON] Air cargo accounts for over 20 per cent of Britain's trade by value and has risen 70 per cent since 1990, British deputy prime minister John Prescott said. "The importance of air freight to our economy is substantial
        Reuters  -  283 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1694 38 CtTY FUGHT ETA FLIGHT FTO $***** 2359 A4a4aMa AN8230 1900 fatoato SOW *45 $0990 0105 LHW81 1900 fnijitiiirrrr ens «ns cost ous W3 Hanoi VM741 1310 **742 0905 Aantartfaai *1843 0435 *1838 2300 SOUS 1830 $0176 1405 $023 0T05 ****** 14K Itff 1Ut Yal MI891 1T10
        1,694 words
      • Article, Illustration
        Lock icon Eyeing US, Europe markets
        54 38 [SEOUL] A Hyundai Motors Tiburon Turbulance is displayed at the Seoul Motor Show yesterday. The Tiburon Turbulance hit the domestic market on Monday at about US$l2,BOO (5521,760). Hyundai plans to begin selling the car in Europe by the end of May, and in the United States
        REUTERS  -  54 words
      • Article
        Lock icon Swissair, Portugalia in cooperation talks
        250 38 Bloomberg [LISBON] Swissair, Switzerland's flagship airline, said it is in talks with PortugaliaCompanhia Portuguesa de Transportes Aereos SA, Portugal's second biggest carrier, about greater "cooperation". The statement was in response to a report in Expresso, a Lisbon weekly newspaper, that Swissair is close to an
        Bloomberg  -  250 words
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      26 23 Offshore service vessels fill needs of niche market New generation of hi-tech vessels meets the needs of oil industry's continuing drive into deeper waters. Page 2
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      58 23 MAS to meet UK officials over low fad charge Carrier will prove it has not breached safety regulations: MAS chairman BMkPtfß Sailing Schedules,] to Asia More. Anv destination, anv rime. j 2 4 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. A nor her i nnov.it ve
      58 words
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      1319 24 I NORTH AMERICA I 1 EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LA WEST COAST Of CENTRAL AMERICA (MARGARfTA SERVICE) «ssa vot f'm'aS 1 itbsm iongkaoi onus Houston mum nwtom wncocm wssa vot m rtourut acawtu g mroao cowno ptcauba hwwbiwu uuhain" NYX CASTOR IMSM
      1,319 words
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      Page 24 Advertisements Column 2
      793 24 ljne« servtcas represented Members o» Ihe i* KcSm?) by Members of the Registry Singapore Forwarders Accredited Sfvppog Agents UAW Asaociabon Xfiiy Singapore SWppng Association SEMBAWANG KIMTRANS (S) PTE LTD CONVENTIONAL SERVIGS _|j|. r— SINGAPORE to BATAM, BINTAN, KARIMUN SINGAPORE to BANGKA ISLAND .J SINGAPORE to CILEGON SAMARINDA/BAJJKPAPAN/BANJARMASIN TO SINGAPORE MANIU/SUBK
      793 words
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      Page 25 Advertisements Column 1
      1191 25 TO EUROPE FROM EUROPE vcsa voy sw htm aw m* bv soo ht LtH |vessel vot Irm urn ha* m sou fit leh aw NOLAMAZONfTE 027 V* 13/05 05/04 02/04 03/04 31/05 RHME 5241 11/04 20/04 23/04 24/04 12/05 LA LOME 52m 14/05 30/05 01/04 04/04 05/04 HY COMMODORE 31K
      1,191 words
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      Page 25 Advertisements Column 2
      2165 25 ®HANJIN SHIPPING likFi itkMrnUo -y» *****30 HAMJIM SHIPPING (S) Ml ITD l*> >H«t MOtIWG *****3S 737 SAItS *****74 731 MQMB* *****71 774 OgMROM *****50 7SI mm UK *****5S HI ***** M CI HO **********0 M TO NW USA CANADA USA CANADA* FOR VSL/VOT MM SM UM HAIR/VOT SU TTW DEN
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      Page 25 Advertisements Column 3
      494 25 Vtssa WT_ _SIR_ W6 YOT SIR HK6 Cl USW WIS |»ESSa I VQf I SIR I PI6 rcriati 1 fcj mum 24s 09/05 11/05 74* 12/05 i*/os it/os 21/05 22/05 I I I Ims iHruifoj SHtiflßi M In/Ml ttra OffCUESAII 906S 14/05 71/05 73/05 7S/0S 76/05 jKMTC HONUIM 907S I
      494 words
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      Page 26 Advertisements Column 1
      1504 26 DSR-SENATOR LINES TO UK/CONTINENT TO MEDFIIIKRANEAN/CANADA WjgL VOY 51 LtH IW MM WM m R» VtSSfL VOY SW BIT tfl H>t W.C MTU TRADE Mtflf WQ9Z2 14 K OS H 06 W HI 04M MM CHOYAWC CHAHCt WUK2 14 M DM MM MM MM 14M PUOONG SENATOR WNS23 11M MM
      1,504 words
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      Page 26 Advertisements Column 2
      756 26 m. AM MAC-NELS S'PUHE M SIA Carrier: MN CONTR LINES, INC p. gudang. (07) most* I f\~/\ I C*l NOe 12DOC7SOOOOC SIBU: (084)*****9 MAMLA: (832)*****24 W PENANG: (04) *****38 BANGKOK: (862) *****57 SURABAYA (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MDN: (61) *****3 KUCHING (082) *****1-3 CALCUnfI MADRAS
      756 words
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      Page 26 Advertisements Column 3
      492 26 JESSELTON LINE TIL: *****54 NUIt *****11 MUARA LABUAN vcsa nor m n> vcsa vor m ra Sratf MUAAA SPOtE UN J POOSFH VIOI/99 SNUB IS/OS J WOT VIK/W SAJUO U/H CAKAKAJN337 VIIE/W 10/05 21/05 CAIAUUK332 VIIE/44 IS/OS 27/05 jpoospb viu/wn/osH/os jpoospb viu/w 22/ os 24/ os (AJUCAM332 VI2I/99 2S/05 31/05
      492 words
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      Page 27 Advertisements Column 1
      1533 27 [vessel voy khh hkg sin pkc pob dxb dmm Iba bik IRAN TAKHTI PJLI346 07/05 10/05 11/05 20/05 21/05 22/05 24/05 26/05 IRAN TABATABAEI PCL-5103 12/05 14/05 18/05 19/05 28/05 29/05 30/05 01/05 03/06 IRAN LORESTAN PCL-5102 19/05 21/05 25/05 26/05 04/06 05/06 06/06 08/06 10/06 IRAN TEYFO4JRI PCL-5104 26/05
      1,533 words
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      Page 27 Advertisements Column 2
      2282 27 j— —Li- t-MI A I KufiiiJiWCftM r SINGAPORE'S GENERAL AGENTS: 6SHENTONWAY HL 226 19M FA* ***** M COSTAR SHIPPING PTI LTD #17-08 DBSBIDG SAUS/KKGS *****57/60 INWARD KPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD C 8 NO: **********0 M TOWER TWO (0*8809) CONVENTIONAL *****50/55 T/SHPMT PEPT 4205*25 TEL 02-07-35
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      Page 28 Advertisements Column 1
      1369 28 EUROPE AiK/SCAMDIMAVIA/fINLAMD/RUSSiA SGP RDM ANW HBG THP ZEE LHV LHV THP RDM ANW HBG PKL I SGP E DEVELOP RW-OW 15/05 83/06 09/06 05/06 07/06 M/ 06 N/06 E REWARD RE 033 22/04 24/04 23A4 25/04 27/V4 15/06 16/05 E DECENT RW-OM 22.«5 10/06 16AM 12/06 14/06 15,<06 16/06 E.
      1,369 words
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      Page 28 Advertisements Column 2
      840 28 rJUfOff PACIFIC INTERNATIONAL UNES (PTE) LTD A VMb 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO **********0E I |[yg» WT HI sro mmm in w f»t mMI I I 00QKCUMI 034 IS,'5 17/5 24/S W/i j/4 4/4 12/4 )</> I MtfrTtlMj' It? UZIZ ~T7/T~ 17/5 W/M i/4 =333
      840 words
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      Page 28 Advertisements Column 3
      607 28 Pl* NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vtssa vot sw rui put m cn n NAimiMUfiON YOI3S MAIS 17/85 71/05 24/05 25/05 mmiVßflfi VQ34S 23/05 31/05 04/04 "07/04 04/04 Tj/pT GOtDBI DMBM 1012S 31/05 09/04 13/04 17/04 mrouQUEa ».03ss la/ot 11/04 22/04 ?s/04 27/0* 29/04 mdMWASWI toils
      607 words
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      Page 29 Advertisements Column 1
      454 29 BSfl x mmk MYANMA HBk FIVE STAR UNE (MyaMar National Lmo) Loading for Yaagoi (Rangoon) msa VOY SJM PKI PEN PGU I AGO VIOIW SU> t mm i*3w sin MALAYSIA AGENTS: OOUSTEAD SMPPMG AGtNOES KUL m (03)*****00 PKL TEL (03) 376*101 PEN: Til (04)2*1240} PGU; HI (07) *****21/4 BANK LINE
      454 words
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      Page 29 Advertisements Column 2
      1235 29 HMNEHYUN^^AERCHANTJJA/^lNECOj^^jX^^^^^ Vtssa VOY I SM I SOU la 1 MM 1 AWT HAM 1 IV 1 FR IVBSa VOYI SOU I UNI RTM I ANT IHAMi ORV I HI I SM I NOl ANMZOMTE 022W 13/05 31/05 05/0* 02/0* 03/0* HYOUO 3171 "J", S usu. assess as: ss I s»
      1,235 words
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      Page 29 Advertisements Column 3
      1098 29 norwegon specaknd autocamtn Qsmxs TO NORTH AMERKA RORO HEAVYUFT SOVICT VtSSII VOY RAMP HIIGMT [TITmT« MIA SAV lAL ORF I NYC 1 NEW 1 MOO I TAPKXA F9lO 400Toees 6.3 M "fiTOS ~i076T WOT" "M76T 247 WOT ***** "*****~~ 0370T 06/07 TAMPA F9ll 400 T«n 6.3* 21/05 25/0* 04/07 07/07
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      Page 30 Advertisements Column 1
      860 30 BANGKOK/MAP TA PHUT/LA EM CHABANQ J A K ART A/PA N JANG VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN NANTABHUM" 445N In Pt IS/05 16/05 GURU BHUM 128S In Pt 16/05 KOTA HABTA HTAO27 13/05 16/05 GURU BHUM 128 SB 14/05 16/05 YANTRA BHUM 290N 13/05
      860 words
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      Page 30 Advertisements Column 2
      420 30 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL COWT3UMEH SERVICE WL Ivorl W6 M> IWI M I STB I■> JMH |wtt msumi Bfluafli »/»a a/tt n/« HOHPNHSMM Its »t/»n/« 14/tS M/»t 07/ M 11/Ot AgTBBHWBI HS P/tS»/4i W/M U/U M/» M/ 06 mt*m li3s io3/otts/otln/«tl FEEDER SERVICE TO INDONESIA Wl *OY
      420 words
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      Page 30 Advertisements Column 3
      780 30 [vessels VOY SN PKL JED MLA LEH RTM HAM ZEE SOT mlleoevwqq S3iw iaos 2110s 02/06 07/06 oa*o6 11/06 12A» i3A» V-LEDEVB> N3IW 26« 27AK Q«A1» 06/06 14A» 16A)6 17/06 IWQ6 2CVO6 V-LE DE SHANGHAI H3IW 01 Km OZQ6 1008 15W8 21/06 23A» 25A» 2MB VM-LE D "OfUON Y3IW 06/06
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      Page 31 Advertisements Column 1
      57 31 [AdSCOI CWT GLOBELINK SHIPPING LINE l VlkWWkkillix introduces LIBYA BENGHAZI WEEKLY DIRECT GROUPAGE fxmpou TOSOunM««c*H PORTS See Our Ad On PG 12 p— OCENUS SHIPPING AGENCY PTE LTD (EVERY TUES) NEW PACIFIC LINE Our Schedules Are NEW SERVICE On PG 5 FROM ASIA TO H PACIFIC SWIRE SHIPPING UILCT AGENCIES
      57 words
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      Page 33 Advertisements Column 1
      48 33 sT^iZtTrio^o^QEnisnc] (Retrieve more schedules!) S l© Press *1" I Select the port and key in the four digit code eg: To New York (NYQ 2275 sj© Key in your fax number I your phone number Another Innovative service offered by document Will be Shipping times s Zay;^2. s^
      48 words
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      Page 34 Advertisements Column 1
      142 34 gywa (FOREST PtOOUCTS SWVKI) FROM: U.K./ CONTINENT/ MIDDLE EAST TO: FAB EAST EUROPE SERVKE VKS&/VOY SIN LAEM CHAIANG MANILA HONGKONG REELUNG TAW SKN KKU TMA SOUtliT SUCCESS V3SA 2S/05 31/05 02/06 VKSa/VOT PKL SIN AIISTMIIA/NW ZIAIAHD JfDOAH sm LUSHING ANTWIRP 20/05 18/05 MALAYSIA- HSM(M)SOMMD TAWAU- CAPtICOM FREIGHT SVCS PORT KELANG
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      Page 34 Advertisements Column 2
      178 34 Iaa scd^^Hlll,1M ItJ 11! U I >1 »j M rMiil I TOBRUQ BENGHAZI MISURATA TRIPOLI IYBSa MMH VOT. WO MOWN SWGAPOtf DWAI fffl» MM* DMI TOWIIQ WCHAZI mSMUk IWTOU_ UKHtI Ull 344 31.04.W IBDS.W ?1«H HUOOJBHX 7305.W 03.M.W 04.MW 05M.W ot.oiW_ gai $103 01.05 W 1105 W WOSW l«H«m 01MW
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      Page 34 Advertisements Column 3
      137 34 ESP LINES miKir LCI AMD FCI SEKVKI —UWSW-COWT FWIAST WOW OffTTACONG. MMAS UNGKOt, MOM ROM lIAMWB, IWIBW lOMAY, COLOMO JAMITA, MMA MITOHf, WJXSTOWI CMQ/TU WO (M MM. HMTHQO6 REGUUS CONTAINERISED INDONCSUN SfltVKI vcsa/voTAg sfott «r m uw f.OMIiW VW ream i /iw-m m/M it/is '</» iUUIMm 14/ M lt/15 roaui
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      1049 35 ■■mm SAM UD ERA shipping line ltd I —iSiM 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********0 D TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LINE: 535 6266 Celia/Jessica/Mei Chan/Jcslynn/Dora/lty/Hanim IMJl.ii' MLliiiillillljgl 8 SLGS/WEEK 1285E2Z38 EVERY 4
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      Page 35 Advertisements Column 2
      887 35 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO |mg| pM|Ei|sa|lw|wo|c»l»o»|mi|«mlo»|Mvlw|nm|HOuj HOtGW HWAHD* ***** 71/05 26/05 05/05 P7/05 *»/OS 01/0* W/Ot H/0t 00/07 17/0/ 13/07 U/07 20/07 1 tt/07|» 07 HOIfiH DtMl /0350 77/05 01/0* 05/0* 9U4L ALUL 24/Ot 27/00 75/07 7«/07 7VC7 01/00 OS/0> 10 M H M HOIGH PRAM
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      Page 35 Advertisements Column 3
      44 35 SHIPPING* WAREHOUSING lot am: Smgapiwr [/lading Daily Mon to Sal (BATAMINDOI/III) Accepting KlXV«rv<ertiunal/Prr)jea/Heavy Lift O*£o& ReelcrC'irtaineT BiMtM: Singafuwv U tiling Man. Wed St. Hn (BATAMINDO II) Aiwpung KlX\mvcnttmaMYnjocl Heavy Ijft Carpi Tab 227 0322 Fax: 222 9330 l—it fUppiin a Wmkmtrn p,e L,d www
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      Page 35 Advertisements Column 4
      635 35 rrrg Singapore Soviet Skipping 01 a ii* ioosouoooon MrfMfcw SMpping Pi w33) DMrMttivyl aHiivsmoMK VESSEL VOY SIN BOM PNG PKL KEDAH 129N 13/06 21/06 TBA 01/00 KOTA RUKUN RKNO37 19/06 28/05 TBA OOAW KOTA RATU RTUO4S 24/05 30/05 TBA 10/06 [VESSEL VOY SIN CALCUTTA SIN STAR ISLAND 014 12-13/05 10/05
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      Page 36 Advertisements Column 1
      624 36 I VESSEL VOY SIN MAA SIN I TIGER SEA 709N 17 18/05 22-24/05 29 30 05 TIGER BAY 710N 1&19/05 25-27/05 01-01/06 I TIGER ISLAND 711N 21 22/05 28 30/05 04 05/06 I TIGER PEARL 712N 25-25/05 01-03/06 08-08/06 I TIGER SEA 713N 28-29/05 0-MJ6/06 11 12/06 I TIGER BAY
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      Page 36 Advertisements Column 2
      1018 36 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ASHDOD COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MALTA SAN ANTONIO CALLAO, PERU ISTANBUL MEXICO CITY SANTOS COLON, PANAMA IZMIR NHAVA SHEVA TAICHUNG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong 852-*****113
      1,018 words
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      Page 36 Advertisements Column 3
      1296 36 OOCL^SinQoporei*?teTi3r^FT^eooerDistrpir" 65 (Ma St OCBCCIr #42-00 *****13 Hk 513 #01-128 J Ot NO **********0H Ut 272 7127 JW-. T«fc *****83 Ft*: 438 2966 Ftx: 272 7825 t enqmry JUL Orient Overseas Container Line (Malaysia) Sdn Bhd (Bag No: *****2-U) cat /S PTTAUNG JAYA T«t 03-754 7776 Ft*: 03-754 6657 PENAMG
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  • Page 37 Miscellaneous
    • Miscellaneous
      Page 37 Miscellaneous Column 1
      128 37 LEGEND: R Thunderstorm Temperatur. c A Shower Weather Wind direction with speed in knots SAJ Cloudy Sky Wov Surfoce wind* are indicoted by arrows which fly with the wind ©On. Wl circle represents catm or light and variable winds J—.. One holt Heche represents 5 knots I I—« One ft*
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