The Business Times, 15 April 1997

Microfilm: NL20874
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 85# SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, APRIL 15,1997
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  • Article
    MARKET SUMMARY
    30 1 QSttUt (-33.84) Q &JtViB.2l) n BTCOMP Q *****2 (-37.51) BTMBA iJIOUB (-17.88) CMAIKETMOOD: imi mOLUUMBfmCMB Monday ChaoffB KiMCKm MM* 37 HAW aye S52S<»»-2ji;—-ji* 1 MAWLACOMP 4U4 SJ&-=SS=3S-sa« «2«
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  • Article
    FINANCE
    69 1 m 4fit 1 1.C26 IW '10* AS8I MW -tEN tW «L7tt l.i» M MH ftB4 Has ft» UN IBAHT U» MK •HJPIAH tM ftW ftM J*--, ZJi* ;f" FUME BATES jnCMPORB* M4 «DAIA LUMPUR 9.25 JAIAHTA 18.00 4XWSOK IMS ]UNU VLS» ■HONGKONG Ml TAPS 9.25 Sydney CM -rbm» i»
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  • Article, Illustration
    Lock icon NOL stuns with US $825sm deal
    840 1  -  Acquisition of No 2 US shipping line APL Ltd will create one of the world's top 5 carriers By i Catherine Ong Yong Mei Fong [SINGAPORE] In a stunning US$B25 million (Ssl.lBB billion) deal, Singapore's Neptune Orient Lines (NOL) proposes to acquire APL Ltd,
    CHRIS LOH  -  840 words
  • Article
    Property stocks fail to shake off worry over curbs
    466 1  -  Analysts say outlook for sector remains bearish By: Diana Oon Tan Su Yen [SINGAPORE] Although the government's latest property curbs on Saturday were less severe than rumoured, property stocks lost further ground yesterday. The SES Property Index which tumbled 36 points
    466 words
  • Article, Illustration
    Lock icon S'pore, KL stocks take a hammering
    254 1  -  By' Ven Sreenivasan [SINGAPORE] Both the Kuala Lumpur and Singapore bourses fell markedly yesterday amid a wave of bearish sentiment following recentlyannounced lending curbs. Adding to the jitters was turbulence on Wall Street, where the Dow Jones Industrial Average saw another 148point fall to
    Source: Bloomberg  -  254 words
  • Article
    SES waives shareholder approval
    277 1  -  By < Catherine Ong (SINGAPORE] Shareholders of Neptune Orient Lines (NOL) will not be asked to vote on the biggest takeover by a Singapore-listed company. NOL officials said the company has been granted a waiver from the Stock Exchange of Singapore from obtaining shareholders' approval under
    277 words
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      116 1 IMBUIB pmm $IA is in talks with Ansett and Air NZ to form an alliance for routes between Australasia and Europe, w Sn-tral rf fittest Hie highly competitive consumer electronics industry takes another hit as Hymold axes 80 production workers, SXx *1 -.v^' fcMtft, A*MX, pgl7. Too tentative to have
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      Page 1 Advertisements Column 2
      22 1 A test of developers' nerves, Page 4 Wall St and rumours drive down KL stocks, Pg 18 Market reports, Pg 23 26
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      Page 1 Advertisements Column 3
      186 1 Hook Look Slew, Pg 17 Big blow to shipping alliances, Shipping Times Pgl Timeless values. r% i. Geneva enamel. Duplex escapement movement W by Hbery of London. These two exquisite watches, a Jp reciatec j for more in the shape of peaches, are than J usl the twent y _fivc
      186 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Hymold axes 80 production staff due to excess capacity
      633 2  -  Relocation of some customers to Jakarta hits plastic injection moulding company By, Jennifer Lien A CONTINUED shakeout in the consumer electronics industry here has claimed another victim plastic injection moulding company Hymold Pte Ltd. The company, which serves mostly Japanese consumer
      633 words
    • Article
      Fund managers welcome challenge from GE Life
      382 2  -  They look forward to benchmark set by the new venture By\ Siow Li Sen FUND managers have welcomed the challenge from Great Eastern Life which recently set up an asset management company to handle its investments of some $2 billion. "I feel challenged.
      382 words
    • Article
      Investment-linked policies not affected by bonus rate cuts
      319 2  -  Cats apply only to participating policies: insurers By Soh Tiang Keng LIFE insurance companies' bonus rate cuts will not affect investment-linked policies, as some quarters had thought. The rate cuts will affect only participating (dividend-pay-ing) policies, said insurers yesterday. Summing up their
      319 words
    • Article
      UOB official named envoy to Italy
      92 2 UNITED Overseas Bank first vice-president Pang Cheng Lian has been appointed Singapore's ambassador to Italy. Miss Pang, 54, who is also special assistant to UOB's chairman and CEO, will continue to reside in Singapore. She joined the Ministry of Interior and Defence as a
      92 words
    • Article, Illustration
      Lock icon Dip in key sectors' loans growth
      344 2  -  EYE ON THE ECONOMY Finance By\ ShivTaneja BANK loans growth nudged up slightly in February, but the overall trend remained decidedly down, latest data from the Monetary Authority of Singapore shows. MAS data shows that overall loans grew 15 per cent year-on-year in February
      Source:  -  344 words
    • Article
      VAT refunds for European shopping at Changi Airport
      418 2  -  Tourists leaving S'pore can also get GST refunds in cash By. Ang Wan May PEOPLE who shop in Europe and miss their chance to claim back tax on goods bought there can get their refunds in cash, right here at Changi Airport.
      418 words
    • Article
      Bringing latest technology to Asia
      208 2 MAKING cell phones at half the present price with double the battery life that's just one of the ventures on offer to Asian investors by US firm Worldview Technology which opened its regional headquarters here yesterday. Small Asian electronics manufacturers can make such phones with
      208 words
    • Article
      Pilot traffic scheme starts tomorrow
      187 2 FROM tomorrow, motorists will be able to shoot a red-light with the blessing of the authorities. A pUot "left turn on red" scheme has been implemented at two T-junctions in Ang Mo Kio "to maximise road-us-age", according to a Land Transport Authority official. Motorists travelling
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      Page 2 Advertisements Column 1
      273 2 Have you provided your Accountant with the riaht tools? Chances are that your Accountant is still struggling with outdated batch processing accounting software. Even though you upgraded all the PCs to Pentiums, bought laser printers, Windows 95 and all the latest that the IT industry has to offer, you forgot
      273 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      272 3 Centennial TOW I R HI "uihShi E 4- lijsiam niiiaaiflH«lll|n Bold\ Distinctive and Inspiring is how some would the spectacular works of Roy Lichtenstein, Frank Stella |j| aav IV g Attention to detail ensures a quality finish unujue in describe the art of Roy Lichtenstein. Yet these are attributes James
      272 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      A test of developers' nerves
      666 4  -  THE PROPERTY COLUMN Can they avoid a price war with rumours of more property curbs rife? By Lee Han Shih HAVE we seen the last of the property curbs? How credible is the speculation that a further round of curbs will be announced in the
      666 words
    • Article
      Balmoral site put up for tender
      210 4  -  Freehold 12,000 sq ft plot has 10-storey height restriction By Lee Kee Yeng A FREEHOLD site located in the prime Balmoral residential area has been put up for sale by tender. Located along Balmoral Crescent, off Balmoral Road near the intersection with Bukit Timah
      210 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      511 4 THE RIGHT i BUSINESS LOCATION 3d IS YOUR ASSET Orchard Building Every astute business decision maker knows that there can be no better location for an office than where the business is. The new Orchard Building, situated at the junction of Orchard and Grange Roads right in the heart of
      511 words
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      Page 4 Advertisements Column 2
      161 4 Specialist I in Residential Letting and I Property Management I in London I FOR LEASE SUNGEIKADUT LOOP BRAND NEW WAREHOUSE Single-storey: approx. 4-storey: from 6,800 j Ceiling Height: 4.5 B.om Excellent corporate image Expected TOP: 5/97 Sole Marketing Agent: INDUSTRIAL DEPARTMENT 221 8288 I Good Class Bungalow site at Victoria
      161 words
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      Page 4 Advertisements Column 3
      155 4 District 11 Prime Residential Site For Sale By Tender Location Shelford Road, a highly popular and convenient location. Close proximity to good schools. Good accessibility via Pan Island Expressway (PIE). Title Lot 3508, 3510, 3512 Mukim 17 Tenure Freehold Land Area 4,137 sq m (Approx. 44,530 sq ft) Plot Ratio
      155 words
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  • SOUTH-EAST ASIA
    • Article
      Indon state-owned utility draws flak over Sunday5 s blackout
      424 5  - Indon state-owned utility draws flak over Sunday 5 s blackout JAKARTA Critics question if PLN network can cope with bigger generating capacity By S N Vasuki INDONESIA'S state-owned utility Perusahaan Listrik Negara (PLN) came under sharp criticism yesterday for Sunday's blackout in Java and Bali. The power outage was attributed
      424 words
    • Article
      Lock icon Huge teleconference tie-up to promote KL's super corridor
      279 5 KUALA LUMPUR Mahathir to reach out to expected audience of 13,000 Bernama IN THE biggest ever teleconferencing link-up in the country, Prime Minister Mahathir Mohamad will reach out to an expected audience of 13,000 to promote the Multimedia Super Corridor (MSC) today.
      Bernama  -  279 words
    • Article
      Lock icon Busang: No fallout on mining applications
      271 5 JAKARTA AFP JUST weeks after a contentious gold mining saga here sparked an international furore, a report said yesterday that mineral-rich Indonesia is currently processing 176 applications for mining contracts. "The applications are ready to be discussed with the House of Representatives and the
      AFP  -  271 words
    • NOTE Book
      • Article
        Lock icon Philippine bill on foreign equity
        62 5 Bloomberg (MANILA] The Philippine Department of Finance said it's backing a bill in Congress that allows foreigners to own as much as 60 per cent of local investment houses because it Will attract foreign capital. They must be majority-owned iy Filipinos and must make up
        Bloomberg  -  62 words
      • Article
        Lock icon War games off Malaysian coast
        80 5 Reuter {KUALA LUMPUR] Planes and warships from five countries staged the largest ever mock air and sea battles off the coast of Malaysia yesterday. The 13-day exercise, codenamed Flying Fish '97, has been described as the most ambitious exercise in the history of the Five
        Reuter  -  80 words
      • Article
        Lock icon Call to jail Indon activist for 15 years
        72 5 AFP I JAKARTA] The prosecutor in the trial of an outlawed pro-democracy group leader charged with subversion yesterday urged a Jakarta court to jail the activist for 15 years. Budiman Sujatmiko, 27, and his lawyers were not in court as the prosecution
        AFP  -  72 words
    • Article, Illustration
      Lock icon Getting ready for a Khmer holy day
      47 5 [PHNOM PENH] Two girls helping to wash a gold-painted Buddha at a pagoda here during the start of Khmer new year celebrations on Sunday. The three-day holiday is celebrated in Cambodia with Buddhist rituals, family gatherings, games and dancing. REUTER
      REUTER  -  47 words
    • Article, Illustration
      Lock icon Firms linked to Selangor govt hit by CM quitting
      381 6 KUALA LUMPUR Harkfit expecting board changes at WHB, SAP, Bridgecon; shares tumble Bernama SHARE prices of listed companies related to Selangor government agencies or Muhammad Muhammad Taib have been affected by his resignation as Selangor chief minister. It also stirred speculation
      Bernama; REUTER  -  381 words
    • Article
      Lock icon Largest Viet private firm seeks govt bailout
      244 6 HANOI AFP VIETNAM'S largest private company, Huy Hoang, has asked for a government bailout, raising questions about the viability of the country's fledgling private sector. An official from the company said Ho Chi Minh City authorities had agreed to consider two alternative proposals
      AFP  -  244 words
    • Article
      Lock icon Don't be tempted into running for 2nd term, Sin warns Ramos
      324 6 MANILA AFP ffiffT.TPPTNE Roman Catholic leader Cardinal Jaime Sin yes- terday warned President Fidel f against being "tempt„fl(d" to run for a second term, saying he was seeing shades of the late dictator Ferdinand (I^rcos. Describing Mr Ramos, a
      AFP  -  324 words
    • Article
      Lock icon More Indons may decide not to vote: analysts
      558 6 JAKARTA Growing number leaning towards passive protest against govt, they say AFP AS INDONESIA prepares itself for May general elections, a growing number- of people are leaning towards not voting as a passive protest against the government that has held power since
      AFP  -  558 words
  • Page 5 Advertisements
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      192 5 I I w mmi yTjjßS^y^K1 1 W|MB^^^^^MMM I I I' our Idco Of A Living Spocc I a comfortable, unpretentious dwelling of modest proportions that airy, peaceful and full of light. A space to repose and to grow. What we I HHBV^^S have created at Namly View in District 10
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      209 6 1 f |r I Vr'' I V f T 111 V vTf vllJ m WKSSn T\} r it's easy A home-loan is normally a long-term commitment. Yet some purchasers only fl 1 which are competitive to begin with, but we niWPQ 1 also keep our rates low, so you're better
      209 words
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  • CHINA – HONGKONG – TAIWAN
    • Article
      Row erupts as Beijing sets law on HK right of abode
      490 7  -  HONGKONG HK govt hits oat at China for bypassing Sino-British panel which has been working on the issue By] Loh Hui Yin ANOTHER row has erupted between the outgoing colonial government and China which takes back Hongkong on July
      490 words
    • Article
      Lock icon Shanghai will replace HK as financial hub: banker
      312 7 HONGKONG HK likely to become buoyant capital of industrialising regional hinterland AFP HONGKONG is likely to become a regional centre for China as Shanghai assumes its role of international financial hub in the future, a leading investment banker said yesterday. Peter Churchouse,
      AFP  -  312 words
    • Article, Illustration
      Lock icon A place to fish for business
      65 7 [BEIJING] A painter touching up the tail of large carp yesterday, which was part of a neon sign advertising a trendy karaoke bar and restaurant in eastern Beijing. The government has ruled that officials must not entertain guests in such places but bars and
      AFP  -  65 words
    • Article
      Lock icon US execs critical of China policy
      126 7 SINGAPORE Reuter MANY American executives dealing with Asian countries are critical of US government policy towards China, saying it interferes with Political Economic fcisk Consultancy (Perc) said. Hongkong-based Perc said in a report received ,by Reuters yesterday that a survey of business leaders in
      Reuter  -  126 words
    • Article
      Taiwan wafer fab project a political move?
      462 7  -  TAIPEI More at stake than just keeping rivals at bay, say analysts By] Bruce Cheesman THE NTS4OO billion (5520.8 billion) wafer fabrication project announced last week by Taiwan Semiconductor Manufacturing Corp (TSMC) may have come about as much for political reasons as to
      462 words
  • Page 7 Advertisements
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      426 7 The proud legacy of German watchmaking And for once, grandeur does not mean size, has reattained its former grandeur. The Lange Saxonia. Tl* tint Lange watch of the company's Fashiond to the perfect sue lor revtval,na*slherel>irtho<refo«d slender wnsß, the Suonu is Wly Gennanw.tchnuKn»w«.d»6nctiv, capdvating with its Wend of !ii 7-
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  • ASIA
    • Article
      Sydney wins over two giants
      519 8  -  Australian paper says Digital, Presenilis choose Sydney over S'pore, Malaysia From Surinder Singh Raju Chellam in Singapore AUSTRALIA has beaten regional rivals Singapore and Malaysia in attracting two multi-nationals US-based Digital Equipment Corp and the Germany-based Fresenius Medical Care South East Asia Pty Ltd to
      519 words
    • Article, Illustration
      Lock icon All fired Up over a false report
      85 8 [TOKYO] Toshiyuki Kondo (left), president of Power Reactor and Nuclear Fuel Development Corporation (PNC), bowing and apologising to Riichiro Chikaoka, chief of the Science and Technology Agency, at the latter's office in Tokyo on Saturday after submitting a report on an in-house probe
      REUTER  -  85 words
    • Article
      Lock icon Deve Gowda to step down, avoiding need for fresh polls
      479 8 NEW DELHI New United Front, Congress alliance expected to be formed AFP Reuter INDIA'S political crisis was defused here yesterday as deposed premier HD Deve Gowda pledged to sacrifice himself as the head of a multi-party alliance to avoid fresh
      AFP; Reuter  -  479 words
    • Article
      Lock icon Hanbo a victim of Hyundai plot says founder
      245 8 SEOUL AFP THE jailed founder of failed Hanbo Group said in court yesterday that his financial crunch was prompted by malicious rumours about a bid by South Korea's largest conglomerate Hyundai Group to take over his steel flagship. Hanbo's founder Chung Tae
      AFP  -  245 words
    • Article, Illustration
      Lock icon Japan welcomes tie-ups of local, foreign banks
      496 10  -  TOKYO New stance is a sharp policy reversal of tight control over financial institutions By< Anthony Rowley FINANCE Minister Hiroshi Mitsuzuka yesterday put out a welcome mat for foreign financial firms wishing to link up with Japanese banks and other institutions. At the
      REUTER  -  496 words
    • Article, Illustration
      Lock icon Food imports up so Tokyo mulls changes to fanning policy
      574 10  -  TOKYO Govt will probably try to draw workers back to the land By, Anthony Rowley JAPAN is notorious for protecting its rice market against imports and yet with rice consumption continuing to decline, the country's overall dependence on food imports
      sOURCE:  -  574 words
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      358 8 I&HE ART ■jjICNOWING 9 lock guests gg| ||fi||ps£& >- Contemplate the day in the serene comfort of our plush Living Room, unperturbed by the rest of the world. f Quietly confident that an unparalleled level of service is only a gesture away. 4 %*Q- o t t i In fact,
      358 words
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      Page 8 Advertisements Column 2
      161 8 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services arc available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      161 words
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  • Page 9 Advertisements
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      46 9 f \i J i. .< Vf. N] < < V; \V; mm I v zTK'i x J ~»j&s'" **>'* E, jj^El Hn |rK l|»-.-: HSwv f> c rfc ui llf jMBBMp tfMHftwJ •%> (aHgf^ mHB Bp t -;*^?^JPH^P :v^a <*»■" Tar > t >itr'* Fuji Xerox. Making colour technology child
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  • Page 10 Advertisements
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      172 10 SINGAPORE TOKYO jjl NOW SIX TIMES m A WEEK. W Mpjar Sunday tfe Extra flight. Extra choice. We're happy to announce that with our new Tuesday service, you now have a choice of six Our First Class thoroughly pampers you with first-rate service and the first 180 degrees Fullflat And
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      Page 10 Advertisements Column 2
      307 10 1) Professional Management Consultants (mpa*sadwlr4r) 2) Accountants 3) Managers (Skort-t«nn) 4) Cooks Asean, Western and Other Cuisines (Short-twin) 5) Worldwide Marketing Agents fret-lance, commission basis a ninanf work txparianct Accountants must poses ot Iwst o wcoytsed occountoncy dtgrn. !h» idtal conddoto shoid how a ptoasant pwuffi and con git riqnq
      307 words
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  • FOCUS
    • Article, Illustration
      Lock icon Selling Russia from Singapore
      961 11  -  Russia's economic reform minister says S'pore has role to play in promoting his country as an emerging market By Yang Razali Kassim The writer is BT's regional analysis editor [SINGAPORE] YEVGENI Yasin, the Russian minister in charge of economic reform, didn't sound upset when told many
      CHRIS LOH  -  961 words
    • Article
      More to offer Asia than just military hardware
      525 11 [SINGAPORE] Russian MiGs may be giving American Fl6s a run for their money in Asia. But selling military hardware should not be the only way for Russia to penetrate what traditionally has been a US-domi-nated market, said Moscow's reformist Economy Minister Yevgeni
      525 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      373 11 I Keppel Telecommunications I Transportation Ltd I (Incorporated in the Republic of Singapore) Announcement I > RENOUNCEABLE RIGHTS ISSUE ("RIGHTS ISSUE") OF 110,141,422 NEW ORDINARY H SHARES OF $0.20 EACH IN THE CAPITAL OF KEPPEL TELECOMMUNICATIONS TRANSPORTATION LTD ("RIGHTS SHARES") AT $1.10 FOR EACH RIGHTS SHARE PAYABLE IN FULL ON
      373 words
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      Page 11 Advertisements Column 2
      89 11 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao. Tung Centre 1,566 sf-3,165 sf Parkway Parade 925.36 sf/1,592.48 sf Parkway Parade 15,537.44 sf (enbloc) A-Z Building 1,991 sf to 13,982 sf
      89 words
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      Page 11 Advertisements Column 3
      172 11 Singapore's one and only duck restaurant at Hotel Negara An unforgettable dining experience of exciting duck dishes set against rustic beauty. NEGARA Hotel Negara, 10 Claymore Road, Singapore *****0 Tel: 737 0811 L 4 117»*1I (Hotel Negara is located behind Orchard Towers) a&mcmrfm****** The University of hull "One of the
      172 words
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  • THE WORLD
    • Article
      Lock icon Buy Russian drive to be stepped up
      128 12 MOSCOW Reuter PRESIDENT Boris Yeltsin plans to shift a "Buy Russian" campaign up a gear by asking Russians to do their bit to help ailing national industries, the Kremlin said yesterday. Mr Yeltsin's spokesman told Itar-Tass news agency that the president, who has
      Reuter  -  128 words
    • Article
      Lock icon UK on road to model recovery
      482 12 LONDON Survey sees steady growth, inflation under control and a soft landing in '98 Reuter THE winner of Britain's May 1 election will inherit a model economic recovery, with lively growth set for a headachefree slowdown in 1998, a Reuters survey published yesterday said.
      Reuter  -  482 words
    • Article, Illustration
      Lock icon World Bank may double lending to Russia in 2 years
      454 12 MOSCOW Bloomberg WORLD Bank president James Wolfensohn said the bank may almost double its lending to Russia in the next two years with new loans totalling US$6 billion (558.58 billion). Russia is the sixth-largest shareholder in the World Bank and
      Bloomberg  -  454 words
    • Article, Illustration
      Lock icon Dishing out the news
      50 12 [ALBANIA] The Albanian town of Tirana seems to have been invaded by satellite dishes. The devices, which sell for the equivalent of USSISO (Ss2l6) each, have proliferated lately as Albanians prefer watching Italian television, which sometimes sheds a different light on events in the country. AFP
      AFP  -  50 words
    • Article
      Lock icon Clinton to meet HK's Martin Lee
      144 12 WASHINGTON Reuter PRESIDENT Bill Clinton will meet Martin Lee, a leader of Hongkong's democracy movement later this week, White House Press Secretary Mike McCurry said yesterday. He said Mr Lee will meet Vice-President A 1 Gore for talks "at the end of the week"
      Reuter  -  144 words
    • Article
      Lock icon US machine tool orders down for 2nd straight month
      240 12 WASHINGTON Bloomberg US ORDERS for machine tools dropped 4.0 per cent in February, the second straight month-to-month decline, an industry survey showed. Orders for domestic and foreign-produced machine tools fell to an estimated US$562 million (*****.6 million) in February from a
      Bloomberg  -  240 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Can China keep US trade rights? HK hopes so
      722 13  -  TH| bottomlzhe OPINION By Loh Hui Yin The writer is a BT correspondent in Hongkong THE warning shot has been fired and no i one, least of all the business community in Hongkong, was surprised After all, they go through the
      722 words
    • Article
      IN OTHER WORDS
      140 13 before, no (Filipina bar girl) would come tgar a Filipino customer because they Ifcpw the man did not have enough cash.' J5 Ruben Torres The Philippines presidential executive secretary on how the revival of the Philippine economy is seen in the way Filipina bar girls working in
      140 words
    • Article
      Betting billions for the future
      615 13 EDITORIAL THE wafer fab game was never one for the fainthearted, and Chartered Semiconductor Manufacturing's announcement earlier this month to reverse an earlier delay decision shows just why. Last year, gripped by a global electronics slowdown, CSM said it might delay plans to build its
      615 words
    • Article, Illustration
      Lock icon Clinton's M-E dilemma
      940 13  -  Ketnrn of cycle of Arab-Israeli violence poses foreign policy headaches for US By Leon Hadar The writer is BT's Washington correspondent AS THEY were setting new foreign policy priorities, aides to United States Secretary of State Madeleine Albright promised that unlike her predecessor Warren Christopher, who had
      REUTER  -  940 words
    • Article
      On PT Telkom and its monopoly
      340 13  -  MAILBOX J Wesley McDade Morgan Stanley I AM writing with regard to an article headlined 'Talk of PT Telkom losing monopoly sparks sell-off" by S N Vasuki (The Business Times, March 19). In the fifth paragraph, the article states: "Yesterday's sell-off actually started in
      340 words
    • Article
      Review rules for CPF stocks
      254 13  -  Denis Distant THE CRITERIA for eligibility of companies whose shares may be purchased with CPF funds could do with a review to further protect CPF members' interests. Whilst it is common knowledge that investors who used CPF funds to buy Amcol shares have taken a
      254 words
    • Article
      WHAT THE OTHERS SAY
      131 13 THE ELECTION campaign does not officially begin until Apr 27, but preparations by the three groups contesting Indonesia's May 29 general election and the extensive media coverage have raised the political temperature. Whether intended or not, these preparations often smack of electioneeringSome of the jitters, unfortunately,
      131 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      57 13 IWUnsBQRT By Garry Trudeau OKAY 1 ADMIT rr- THE R5- f ?UOU) \IT?AnVtfS TM -LUHBH 1 A CSNT 5fHT£ OP BAP NEUfr COULD I COULD H THE WORLD TURNS DARK AND I HAS GOT MB A LITTLB BLUE! THEY 11 U6LY- THAT I TURN TO MY I Pt—7 I>&UUSK \BRBAK
      57 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Battling graft at heart of Europe
      594 14  -  The Commissionerwewes a web of international intrigue that centres on the European Commission, says jeremy lovell JEREMY LOVELL Reuter GRAFT, greed, corruption and attempted murder are not normally the everyday fare of the European Commission, but a new film called The Commissioner has a
      Reuter  -  594 words
    • Article
      Lock icon Movie seeks backers on Net
      712 14 INTERNET Buying a movie stake over Net at US$lOO a share may sound good, but will it pay off? NYT [LOS ANGELES] Destiny Pictures, a fledgling film production company in Los Angeles, has done something different in the dollar-and-a-dream world of Hollywood financing: offer stock
      NYT  -  712 words
    • Article, Illustration
      Lock icon First black competitor makes return pilgrimage
      421 16 US MASTERS Lee Elder travels to Augusta to extend warm wishes to Woods Reuter (AUGUSTA, Georgia] Lee Elder watched the first three rounds of the Masters at home in Florida but felt compelled to make a pilgrimage to Augusta on Sunday to watch the
      Reuter; REUTER  -  421 words
    • Article
      Lock icon Tiger the trailblazer
      936 16 Woods, the youngest golfer to win the Masters at Augusta, also scores many firsts NYT [AUGUSTA, Georgia) It has been 50 years, almost to the day, that Jackie Robinson broke down the racial barriers in baseball. Now, a last vestige has fallen in golf, brought down in
      NYT  -  936 words
    • Article, Illustration
      March prices dip for most clubs
      469 16  -  BT GOLF INDEX By' Ven Sreenivasan [SINGAPORE] Hopes that the marginal rise in the Business Times Golf Index in February would herald a recovery in the golf club membership market appear to be nothing more than just wishful thinking. The index, first established in
      469 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      346 14 nun H Trim kehslVI UN I LI LI Convention Exhibition Centre uull H i Lull. Asia Asia's largest and most comprehensive Automatic Data Collection/Identification and Communications Exhibition Conference Find all the ADC/ID solutions you need to achieve excellence EXHIBITION HIGHLIGHTS in company productivity at Scan-Tech Asia 97. Japanese Pavilion Individual
      346 words
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      Page 14 Advertisements Column 2
      74 14 The way Italians like it. J- fpj r Got tho moot wickod dasserts-to-diafor at Al Donto. Scoops o# antra Italian feiatO rj V/ 'j™ 3%J (our "secret waapon")) luscious tiramisu and chaasacakas Just what you nood to finish off your ravanous attack on Al Danta "wood-fired" pizzas and fabulous pastas.
      74 words
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      Page 14 Advertisements Column 3
      76 14 ■4) Festival Watch What's on at the Singapore International Film Festival TUESDAY, APRIL IB 7pm Poor FumoTßv*. Gan Guoliang, Jan Lamb, Holfeng, Ge Minhui. Hongkong (1996) 90 mln. PH Tmlilinl >lßwn*ifl«t< fTrrff De Heer. UK (1987), 94 mln. ami O-lSpsn Inn* V«p. Olivier Assayas. France (1996), 96 mln. IBC Conrad
      76 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      178 14 'I'm! WE&tiu» Singapore: Partly cloudy. Temperature (31-24) AiU-P*dllc Hi/Lo* Good. Europe Hi/Lo* Cood. America Hi/Lo* Goal Auckland 17/14 Cloudy A*s*rdan 12/02 Cloudy BuenosAiw 25*13 Cloudy Bangkok 36tfS Cloudy Aflni 15M6 Showers Btyn* IS/06 Cloudy Baku l*V«) Cloudy O"* Bombay »rt4 Cloudy Bom 15/07 Cloudy "<«**'- J™ Bruno WH Showrs Coperiugm
      178 words
Page thumbnail Page 15
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      465 15 Where to wine, dine and entertain I "Let's Dine At The Pool Terrace Restaurant..." Dining at the Royal Holiday Inn Crowne Plaza takes on a decidedly relaxed tone. Any time of the day, all day, everyday... With an enticing breakfast menu, an excellent dinner menu offering seafood and steaks, and
      465 words
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      Page 15 Advertisements Column 2
      183 15 SINGAPORE BUSINESS Giving you the winning edge Unlimited Servings Enjoy an Unlimited Servthgs of delectable Szechuan delicacies, prepared a la minute. Highlights include Shark's Fin Soup. Sliced Venison with Spring Onions Ginger, Steamed Red Fish with Chilli Sauce and Szechuan Pancake. LUf)Ch (Daily from 12pm to 2Jopm) $18.80- (Adult) $12.8&"
      183 words
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      Page 15 Advertisements Column 3
      88 15 SH I Dian Xin Restaurant At The Neptune on Shenton Way Dian Xin/Lunch l-lffi) j ncptunc 1 7TH FLOOR. OVERSEAS UNION MOUSE. I COLLYER OUAY. SINGAPORE *****1. TEL: 22* 3922 j II••I 9 Executive buffet lunch with over 30 dishes from oysters to roasts Features weekly specialities 12 noon to
      88 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      571 15 TV&RAPIO 12.55 AM X-Files (r). 9.30 OPR. n r L 45 10.00 Japan Hour. "~~l 340 Money, Money, Money. The Three Stooges. 1-30 AM Close. Little e Sea (See Our 11.00 Peach Blossom Romance. 7.00 Galeri. 10.00 Premiere Night the L3O Tuesday Report. 9-30 Mat Despatch. Movies: Oscar's Leading 2.00
      571 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      155 15 CRYPTIC CROSSWORD 9 This writer should get his sub- —""8®""" explorer (6-4) 26 Two-piece? (4) 8 Finished journey, using manu- YESTERDAY'S SOLUTION 27 Where one may cough politely, control (8) say. being late? (64) n Ate too much that was spoiled down d 2) aVdna f 1 Complain, unable to
      155 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      285 16 BUMNISS The only monthly business magazine that gives you the Singapore perspective of the local and regional business scenes BlLsr I®====.-— I MSjlgjllpiE BUSINESS BUSINESS BUSINESS a /foVinrr T+ Executive Condos TSingapore Telecom WUd card In the property marfc* Written by the same experts who bring you the BUSINESS TIMES,
      285 words
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      Page 16 Advertisements Column 2
      105 16 if 1T THE MOST OUT OF YOUR Ijifl j|9 i WmßHlft wfc E I 9Bfe gM M X>nv>any listings are significant and it is to the fl I F:*r S company's advantage to build 1 4W ts™~ up awareness of its coiporate ~j±r-j I identity, goodwill and rep9■BKHHHHH||H 2§!SS?-- utation
      105 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon SIA in talks with Ansett, Air NZ
      573 17  -  Alliance likely to cover routes between Australasia, Europe via S'pore: report By] Peter Lynch in Sydney SINGAPORE Airlines last night confirmed it has held talks with Ansett in which it has in the past tried to buy a stake and Air New Zealand
      FILE PHOTO  -  573 words
    • Article
      MMI Holdings IPO 4.22 times subscribed
      199 17 [SINGAPORE] MMI Holdings' initial public offer (IPO) has been subscribed 4.22 times the lowest rate among IPOs so far this year. The previous lowest rate was fruit and vegetable group FHTK Holdings' 6.3 times. Disk drive component maker MMI will raise $30.4 million from
      199 words
    • Article
      Alternative SembCorp offer for JSL holders?
      181 17 [SINGAPORE] Sembawang Corporation (SembCorp), which has proposed to take over Jurong Shipyard (JSL), is considering offering JSL shareholders an alternative of both shares and cash. The share cum cash alternative follows its earlier cash offer of $6.80 for each JSL share. Standard Chartered Merchant
      181 words
    • Article
      Key questions raised by the merger of NOL and APL
      914 17  -  HOCK LOCK SIEW Catherine Ong IT's a classic David-and-Goliath story except that David in this instance isn't exactly the nimbler of the two. Neptune Orient Lines (NOL) may be the one buying APL Ltd, but the soon-to-be wholly-owned subsidiary, if
      914 words
    • Article
      Venture, Electronic Resources moving to main board
      441 17  -  More Sesdaq firms expected to follow suit this year By. Annette Pan [SINGAPORE] Sesdaq-listed electronics contract manufacturer Venture Manufacturing and Electronic Resources are moving to the main board and more companies may follow suit this year. The latest to join the main board
      441 words
    • Article
      US $230m job nears end
      121 17 [SINGAPORE] Keppel Fels said the US$23O million (Ss32B million) floating production, storage and offloading vessel (FPSO) it is building for Norway's Saga Petroleum is close to completion. It successfully joined the fore and aft sections of the vessel, its third, at the weekend. "With the
      121 words
    • REGIONAL COMPANIES
      • Article
        Lock icon HK stock exchange council set for shake-up
        374 18 Major revamp will be one of the largest in ruling council's 11-year history SCMP THE Stock Exchange of Hongkong's ruling council is set for a major shake-up, with chairman Edgar Cheng Wai-kin and 15 members of the council due to step down in
        SCMP  -  374 words
      • Article, Illustration
        Lock icon It's in their hands
        63 18 [SYDNEY] Optus chief operating officer Ziggy Switkowski (left) and Telstra chief executive officer Frank Blount sharing a joke after the launch of the new international submarine cable network called "Jasuraus" yesterday. Optus and Telstra are partners, along with PT Indonesian Satellite Corp, in the first direct
        REUTER  -  63 words
      • Article
        Taiwan firms' Q1 profits up 15-30%
        583 18  -  Sales of top 20 listed companies also pick up with a growth of 10-15% By: Bruce Cheesman in Ta ipei TAIWAN'S top listed companies have posted major increases in sales and earnings for the first quarter, reflecting growing confidence that the island's economy is
        583 words
      • Article
        Wall St and rumours drive ' down KL stocks by 3.3%
        367 18  - Wall St and rumours drive down KL stocks by 3.3% From Eddie Toh in Kuala Lumpur THE Kuala Lumpur stock market yesterday continued to tumble due to a weak Wall Street and a barrage of negative rumours including one that several local stockbroking firms had been hit by heavy losses.
        367 words
      • Article
        M'sia watchdog bodY clarifies IPO position –
        313 18  - M'sia watchdog bodY clarifies IPO position Securities Commission does not allocate shares From Eddie Toh in Kuala Lumpur THE Securities Commission (SC) of Malaysia has clarified its position on initial public offers, debunking the notion that it has discretion over the number of shares a company allocates to its directors
        313 words
      • Article
        IPC appoints Aussie warranty manage
        245 18 [SINGAPORE] IPC Corp has appointed an Australian computer consulting group. Excel Consulting, to handle warranty and after-sales service commitments, "purely as a gesture of goodwill". The value of the contract was not disclosed, and when contacted, an IPC spokesman declined to give the figure. The
        245 words
      • Article
        STIC keen to float China infrastructure associate
        141 18 [SINGAPORE! Singapore Technologies Industrial Corp is keen to float its China associate, Cathay International Investment, either in Hongkong or Singapore. A listing on international markets such as London is also possible, its president Tay Siew Choon told Bloomberg Forum. "If it takes place,
        141 words
      • Article
        Lock icon MRCB denies it will sell Telekom a stake in TV3
        159 18 Bloomberg [KUALA LUMPUR] Malaysian Resources Corp Bhd (MRCB) has denied speculation it will sell a stake in television broadcaster Sistem Televisyen Malaysia Bhd to phone utility Telekom Malaysia. "So far, there's no truth in it. It's just analysts' speculation," executive
        Bloomberg  -  159 words
      • COMPANY Briefs
        • Article
          Jeremiah Hldgs ups stake in Auric
          46 18 [SINGAPORE] Jeremiah Holdings has bought another 70,000 Auric Pacific shares at $2.40 each, representing 0.06 per cent of Auric's capital. The purchase brings Jeremiah and its related parties' stake to 81,041,788 shares, representing about 65.17 per cent of Auric's capital.
          46 words
        • Article
          40% of UOB's capital in foreign shares
          43 18 [SINGAPORE] UOB yesterday announced the percentage of foreign shares in its ordinary capital was 40 per cent as at Mar 31, of which 37.84 per cent was held by foreigners and 2.16 per cent by locals.
          43 words
        • Article
          Rotol Resources gets wholly-owned unit
          51 18 [SINGAPORE] Rotol Singapore's wholly-owned subsidiary, Rotol Resources Pte Ltd, has bought 50 per cen£ (100,000 ordinary shares of $1 par value each) of Aluminium Technologies Pte Ltd (Altech) for $1, makingit a wholly owned unit of Rotol Resources. Altech's authorised and paid-up capital is $200,000.
          51 words
        • Article
          Sunright sets op Manila subsidiary
          49 18 [SINGAPORE] Sunright Ltd has set up a wholly-owi\ed "j subsidiary in Manila known as Kestronics Philippines Ine (KSPI). KSPI has an initial authorised capital of 10 million J pesos (*****,000). KSPI is engaged in the wholesale and distribution of high-tech electronic equipment and materials.
          49 words
        • Article
          SPG appoints new executive director
          45 18 [SINGAPORE] Singapore Petroleum Company appointed Jacobus Johannes Rinck executive director with effect from yesterday. Mr Rinck was made SPC's president on Feb 1. The company also appointed him director of Singapore Refining Company Pte Ltd with effect from Mar 27.
          45 words
        • Article
          New board member for ST Aerospace
          30 18 [SINGAPORE] Singapore Technologies Aerospace yesterday announced the appointment of Lim Chuan Poh to its board. Mr Lim is currently deputy secretary, Ministry of Communications.
          30 words
    • INTERNATIONAL COMPANIES
      • CORPORATE results
        • Article
          Lock icon SOS-Thomson's Q1 profit halved
          74 19 Bloomberg [CATANIA, Italy] SGS-Thomson Microelectronics said first-quarter net profit was half of that a year earlier, as microchip prices fell while the company stepped up investments in new plants in Italy. The French-Italian company said it earned US$9O.5 million (Ssl29 million), or 65 US cents a
          Bloomberg  -  74 words
        • Article
          Lock icon Travelers' earnings jump 32%
          57 19 Bloomberg [NEW YORK] Travelers Group Inc said first-quarter earnings climbed 32 per cent as profit grew in its life insurance subsidiary and Smith Barney Inc brokerage. Earnings from operations climbed to U*****.2 million, or 95 US cents a share, from U*****.6 million, or 71 US cents,
          Bloomberg  -  57 words
        • Article
          Lock icon Goodyear's 12% profit increase
          67 19 AFP [AKRON, Ohio] Goodyear Tire and Rubber yesterday announced a 12 per cent increase in net first-quarter earnings to U*****.4 million, up from US$l5l.B million in the same period last year. Net earnings per share were at US$l.O9, up from 98 US cents, as anticipated by
          AFP  -  67 words
        • Article
          Lock icon Investment bank's earnings up 33%
          65 19 Bloomberg [NEW YORK] Donaldson, Lufkin Jenrette Inc said its first-quarter earnings rose 33 per cent, led by growth in merger and acquisition fees and underwriting. The investment hanking unit of insurer Equitable Cos said earnings for the quarter ended March 31 rose to US$B6.4 million,
          Bloomberg  -  65 words
      • Article
        Lock icon French firm Suez to unravel cross-holdings
        198 19 FT [PARIS] Suez, the French holding company which plans to merge with the utilities group Lyonnaise des Eaux, said yesterday it would unwind most of its remaining cross-shareholdings with other French companies within two years. J Gerard Mestrallet, who will head the executive comfnittee
        FT  -  198 words
      • Article
        Lock icon France Telecom seen worth up to 200b francs
        471 19 Paris-based analysts reluctant to release predictions to avoid upsetting govt Reuter [PARIS] France Telecom, due to be partially privatised next month, is worth between 150 billion francs (5537.2 billion) and 200 billion francs, according to analysts' first public estimates released yesterday. Many
        Reuter  -  471 words
      • Article, Illustration
        Lock icon GM Q1 profits jump to US $l.7b
        370 19 Earnings more than double from strike-hit quarto* a year ago Reuter [DETROIT] General Motors Corp said yesterday it earned US$l.7 billion (552.45 billion) in its first quarter, up from US$7l4 million a year earlier, when its operations were shut down by a brake
        Reuter; Source: Bloomberg  -  370 words
      • Article, Illustration
        Lock icon AOL goes online in Tokyo
        67 19 [TOKYO] America Online Inc chairman Steve Case talking to reporters in Tokyo yesterday. Mr Case, who was there to announce the launch of AOL's online service in Japan, said he expected Japan to become AOL's largest online services market outside of the US. He declined
        REUTER  -  67 words
      • Article
        Lock icon Coke's Q1 profits surge 11% excluding gain from asset sale
        239 19 Bloomberg [ATLANTA] Coca-Cola Co's first-quarter earnings, before a gain, rose 11 per cent on higher-than-expected sales in Europe and North America. The world's largest softdrink maker reported profit from operations of US$7B9 million (Ssl.l billion), or 32 US cents a
        Bloomberg  -  239 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lehman analyst warns of interest rate rises in UK
        513 20  -  He sees signs of pent-up inflationary pressure as the economy overheats By\ Louis Beckerling [SINGAPORE] Investors in UK government bonds should switch to red alert in the weeks ahead as a darker inflation picture begins to unfold in that country. Carrying
        513 words
      • Article
        Lock icon J Fleming delays bonus payment by 3 weeks
        276 20 SCMP [LONDON] Jardine Fleming has delayed the payment of staff bonus by about three weeks, amid growing concerns over how much employees are likely to receive. Staff at the Hongkongbased securities house usually receive their bonuses at the end of March, but
        SCMP  -  276 words
      • Article
        Lock icon Dai-Ichi Kangyo: no comment on reported loans to racketeer's kin
        246 20 Bank lent 5b yen, says paper; firm may be tied to Nomura case Reuter [TOKYO] Dai-Ichi Kangyo Bank Ltd (DKB) said yesterday that it would not comment on a Japanese newspaper report over the weekend that it had lent some
        Reuter  -  246 words
      • Article
        Lock icon AMP Society profit up 10.5% despite fall in total income
        349 20 Income drop reflects lower movement in investment markets Reuter [SYDNEY] The Australian Mutual Provident Society (AMP) said yesterday that its calendar 1996 net profit rose 10.5 per cent to As2.l billion (552.3 million) from ASI.9 billion. Its total income fell
        Reuter  -  349 words
      • Article
        Lock icon Shanghai branch seen becoming Sanwa's largest
        290 20 AFP [SHANGHAI] Shanghai is poised to replace New York as giant Sanwa Bank's largest branch, an official of the Japanese institution's international division said here yesterday. Kaneo Muromachi, Sanwa's senior managing director and head of its international division, said China would become a major
        AFP  -  290 words
      • Article
        Lock icon Euroyen ends slightly up
        193 20 SSMELReport Reuter [SINGAPORE) Simex Euroyen was a shade firmer yesterday amid expectations that Japan would continue its accommodative monetary policies, dealers said. Bank of Japan governor Yasuo Matsushita told a group of business leaders Japan's monetary policies were aimed at making economic recovery firmer. "There is
        Reuter  -  193 words
      • Article
        Futures open weaker as Asian stocks tumble
        192 20  -  MSCI TAIWAN FUTURES By Desmond Ho Desmond Ho, Service Dealer, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Index futures opened weaker yesterday due to stocks tumbling across Asia after acceleration of US inflation which sent American stocks and bonds into a
        192 words
      • Article
        Lock icon Oil prices fall, but consumers don't gain
        238 20 ENERGY REPORT Reuter [LONDON) Oil prices are on the slide but the global economy is not reaping the full benefit of the anti-inflationary impact. A rise in crude oil prices at the end of last year rang alarm bells for global inflation. While
        Reuter  -  238 words
      • Article
        Lock icon CURRENCY REPORT
        297 20 Reuter London THE US dollar was holding steady at the European midsession, keeping to fairly tight ranges above 1.72 marks and the mid-126 yen level in quiet trade. The dollar was generally firmer from late Friday levels but the mood was cautious ahead of the open of US
        Reuter  -  297 words
      • Article, Illustration
        Untitled
        1387 20 1MTBEBAMKCK0M KATES A Pr'J A$ C$ ft ECU FTr D» «> H<h to** Y— Ww MS P* to Nw S>lwi Sfr CTS l*t tmmA US$ 3 AMtratU 10M 6.178 0.687 15)0 1341 6.037 27.921 ATX 0.985 4969 1954 1126 ********** 1122 14f9 1141 215******2 WH Mffl cSST 0919 1955 04*
        1,387 words
    • Article
      COMMODITY PRICES
      1748 21 81C0M FUTURES AprN RU88CR (Mwtt closing *s «t 5.30pm) u RSS 1 CONTRACTU c«rts/k«) Ckttj Voturn Op* Month Kifh Low Satt (tows) Intarast iSy?7 *150 ttOo SIOO lo "525 jgn 97 164.00 »00 Jttl 97 165.75 165.75 165.75 25 2195 AU4 97 166.25 166.25 166.25 25 W95 Sap
      1,748 words
    • Article
      WORLD STOCK MARKETS
      2326 21 LONDON Industrials IffW AB Ports 267 -2.400 Abbey National 784 5.600 Allied Domecq 42S.400 -2.600 Amec 137.400 -2 AIM Croup IW.400 uneh BAT Ind 508.400 -2.600 BGPk 184.400 3 BKC 256.400 -3.600 BOC Group 910 -9 BO Petroleum 686 -1.400 6TR 247.400 -3 B*hk of Scotland 313
      2,326 words
    • Article
      Lock icon TOKYO
      1652 21 Reuter □Nikkei 225 -***** STOCKS lost ground yesterday as shares, especially in the construction sector, were hurt by sales aimed at dissolving cross-shareholdings. A sharp decline in Wall Street stocks on Friday invited selling of blue chips, which also accelerated the overall downturn. Brokers said a bearish tone may
      Reuter  -  1,652 words
    • Article, Illustration
      Lock icon HONGKONG
      1517 22 AFX-Asia Q Hang Seng -220.63 SHARE prices closed off their lpws yesterday, despite the sharp discount of the April futures contract to the cash, as Isiropean institutions appeared content to maintain bilue chip positions after the declines in the morning. Dealers said that while HSBC Holdings saw some heavy
      AFX-Asia  -  1,517 words
    • Article, Illustration
      Lock icon CHINA
      663 22 Reuter Q Shenzhen B Index +L 93 THE Shenzhen B market rose yesterday, largely due to institutional demand for shares of firms with good earnings. Brokers said advances in the domestic A share market also helped boost sentiment. The B Index gained 1.93 points to 159.27 on turnover of
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  663 words
    • Article
      Lock icon TAIPEI
      337 22 AFP □*P Index +151.48 SHARE prices finished higher yesterday as investors bought large-cap issues. "The rally was mainly driven by buying of lagging heavyweights while recent major winner, electricals, also performed well," said a trader. The TSE Weighted Price Index rose 151.48 points to 8,639.37. Turnover was 3.54 billion
      AFP  -  337 words
    • Article
      Lock icon WELLINGTON
      256 22 Reuter n Wellington -&88 STOCKS ended softer yesterday but off their lows after a partial rebound in afternoon trade. The NZSE-40 Capital Index closed 5.88 points down at 2,227.10 after being as low as 2,216.92 Reuter m, 14 a *t- mm AN2 Banking MO -0.16 "497 A4vant«9as Hidg* 1J0
      Reuter  -  256 words
    • Article
      Lock icon MANILA
      274 22 AFP Q Manila -43^4 SHARE prices fell yesterday following a sharp drop on Wall Street late last week. Analysts said the local market fell in sympathy with the US market. The PSE Composite Index fell 43.94 points to 2,932.84. Turnover was 5.2 billion shares worth 2.1 billion pesos. Petron
      AFP  -  274 words
    • Article
      Lock icon SEOUL
      413 22 AFP P Composite loin +7.25 SHARE prices closed higher yesterday on the back of institutional buying in blue chips. "Institutions, led by investment trust companies, moved in to buy index-linked shares," a broker said. "The index is likely to remain above 700 points this week due to improved market
      AFP  -  413 words
    • Article, Illustration
      Lock icon JAKARTA
      728 22 AFP Q Composite Index -L 96 SHARES closed lower yesterday on the back of Wall Street's losses, but buying of selected shares limited the damage, dealers said. The JSE Composite Index lost 1.98 points at 635.17. Turnover was 205 million shares worth 524.3 billion rupiah. Lippo Securities and affiliated
      AFP  -  728 words
    • Article
      Lock icon SYDNEY
      592 22 AFP DAB Ordinaries -14.4 SHARE prices closed lower yesterday, recovering ground in afternoon trade after early selling inspired by Wall Street's plunge. The All Ordinaries Index lost 14.4 points at 2,366.1. Turnover was 226.5 million shares worth A 1572.1 million. Market leader BHP lost 13 to A 116.66 while
      AFP  -  592 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        7562 23 a pnvsraiAis .'x < •«**<.* ContWMf pniKtl WtT Last VM Day *•< C» MM» L— C»nny 8f •OOP Hlq» Law P/t 790 650 A)inomo(0 650 -10 5 650 650 49.6 263.5 ss is '2 g 94 sgs ns all Tg 3j If ,3.9 3589.6 ss Sig x jg £S 125X
        7,562 words
      • Article, Illustration
        Lock icon Prices plunge as forced sales continue
        271 23 AFX Asia Q Composite Index -37.27 SHARE prices closed sharply lower yesterday, with continued forced selling coming on the back of steep losses on Friday on Wall Street after the latest US economic figures. Dealers said no upturn can be expected over the next
        AFX Asia  -  271 words
      • Article
        Untitled
        243 23 Up Down W>dl COMMW pr < 2 *8 3 KM) prd 3 80 5 Canitructton 0 24 0 Tratfa«ftvc I 64 4 Mrattrw 0 2 0 riMM« o 65 i Hotw 0 6 0 Property 2 62 2 Plantation 3 13 2 MMnq 0 T 0 Trust 0 4 0
        243 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3710 24 BQNBS, LOANS ft WARRANTS m MOT Last Vol Day La«t Ooata Av« MHI. U. St no Company Sal. ♦<*- COOO) HK,h Law Buy.r Seder Prlc. 68 48 m 3000 m AMDB c5.5%*****6 50 J If 5! 62 415 3*0 "Acer ******1USS <5 unch 5 45 45 45 46 131 77
        3,710 words
      • Article
        Die-hard warrant punters should turn 'defensive' in current turmoil
        203 24  -  WARRANT WATCH Ven Sreenivasan WITH the market in the midst of intense turbulence, most investors would do well to stay clear of warrants. As regular readers of this column would know, warrants tend to track the gyrations of the broader market,
        203 words
    • Article
      CLOB INTERNATIONAL
      1801 24 MALAYSIAN STOCKS Cr Gr I- Jt Vol Day Last Quote Dl* Olv Ytd Not M Cap High Low Stno Compony Srt« COOP) High Low Buy* Sellor Cvt H P/C $m«_ 478 340 ms5000 AISB50C 350 T 6 59 356 348 350 366 5.0 4.9 °< ,37 94 mi
      1,801 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1635 25 TURNOVER COOO) VAIUI (WO) M«ln C)o> TX1 Mgg CUt T»U1 ssr ?z± tsi ss "«s *.247 W54 31*01 I2MW Wg >«0.™3 S ,ton m BLV* 9,848 13.491 23.339 "-246 "•''J -Jl'!™ Tot II 74.056 52.177 126.233 311.017 87,456 39 ®il* SESDAQ <0.579 WT MAIN CLC a. T0T £L u» cm
        1,635 words
      • Article
        Untitled
        231 26 Stocks Volume Wing Tai 25c 7.954,000 DBS Land 7,446,000 HK Land US$0.10 6,750,000 City Dev 50c 5.269,000 Raffles Med 10c 5.110.000 SingTel 15c 4,382,000 •KL Industries 3.987,000 Keppel Land WOO 3,531,000 •Westmont Land 2.801,000 Guthrie W02 Stocks City Dev 50c 65,547,463 DBS Land 36.456.820 Wing Tai 25c 33,191,668 DBS Foreign
        231 words
      • Article, Illustration
        HOT STOCK
        58 26  -  bf! Shiv Taneja WING TAI HOLDINGS, which closed 10 cents higher at $4.06 yesterday on a volume of 7.95 million shares, is not going to be supported at current levels. Investors can expect more downside in the days ahead. Those with a medium term view of this stock
        58 words
      • Article, Illustration
        STII at 2-yr low amid fears of further property curbs
        628 26  -  STOCK MARKET COMMENTARY Dow's 148-point plunge and expectations of weak non-oil domestic export figures for March add to market's woes BU Ven Sreenivasan [SINGAPORE] The benchmark Straits Times Industrials Index fell to a two-year low yesterday amid fears that the
        628 words
      • ON THE GRAPEVINE
        • Article
          Moves at JP Morgan
          108 26 FOR those interested in the movement of fund managers around town, Yong Chee Ram, former head of marketing at Societe Generale Asset Management, has quit after nine months to join blue-chip investment bank JP Morgan's asset management arm, JP Morgan Investment Management, where he will be
          108 words
        • Article
          More musical chairs
          61 26 ON A related topic, Pauline Gately will join BZW Asia as head of regional economics and strategy for Asia, from June I. Ms Gately, according to a BZW press release, is among Asia's most highly-rated strategists. She has been based in Hongkong since 1986. She joins BZW
          61 words
        • Article
          NatSteel roadshow
          107 26 PEREGRINE SECURITIES is said to be taking several Singapore "growth companies" on a road show in London and New York some time in May. However, the who's who's on this list remains private. Company officials are not telling for competitive reasons. Separately, Peregrine, which has been recommending a
          107 words
        • Article
          Don't ignore the past
          124 26 FUND managers are quick to point out (or rather they are made to point out) that past performance is no indication of how things will pan out in the future. Well, here's an interesting historical perspective on how global stock markets have done over the past
          124 words
        • Article
          Futures for pulp
          69 26 PULP and paper buyers who have been unnerved by the volatile price movements in the last couple of years may be relieved to hear that they can soon hedge their positions with pulp futures. This futures contract will be traded via the London Securities Derivatives Exchange, which
          69 words
        • Article
          Still a crowd poller
          94 26 THE hills are alive... with the sound of cash registers. Marie Osmond's role as nun-turned-governess Maria in the evergreen musical The Sound Of Music has been drawing in the crowds, we hear. Marie, who's 38 going on 39 but still ready to climb them mountains, will
          94 words
    • Article
      MAIN BOARD
      4227 25 Transaction Date JVpr 14) Gr Gr M Wt 1997 L«t Vol Day LMt Ouott Oty Oiv YM Net Cap Avg H*h Low StHo Company Solo (OOP) Hlgft Low Buyof Seller Cw P/t >m J INDUSTRIALS 5146 ASENTS***** OS- '"III! o&5 8 ,?i »5 H 235 168 ,66 ,66
      4,227 words
    • Article
      SESDAQ
      1020 25 Cr Of M Wt |M7 Last V«l Day Last Ouota Mv INv YM Net Cap A*g High Law stNa Company Sala COOP) HlgH Law Biiyf Sattar C'vr P/E $m" T ct tCSOAQ 186 124 a 2000 ABR Hldqs 5c 124 cd -2 I 124 «24 120 124 3.0 6.0
      1,020 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      138 17 a*ai«f ii< mmhl i iiPP -INi£W tfi iai "BWUK »?jLfcd i 4H jSn > i 'pap WnP ——wnK*f "J J ISfIBBBI^BBBBBBBBBBBBBBBBBHHM^ innovative designs to the Office space details that facilities planning Corporate interior design make a Imported custom made M f f difference. Project management w If you're looking for
      138 words
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      Page 18 Advertisements Column 1
      110 18 f s y9. non-stop *yr Your Choice: 7 flights a week to Zurich 3 non-stop flights You can now fly non-stop to Zurich on Thursdays, in addition to our usual Tuesday and Saturday non-stop flights. Our departure times are convenient and passenger-friendly. And your journey is a refreshing one. Swissair
      110 words
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      Page 19 Advertisements Column 1
      80 19 iVMiriy; A' l %>,. O i"d Ce z fT i: m V** lis iiS !i i». m r •"i 5? gss*' j 9 sf 1 f| s i' ~r~ j I ;ji 9 ii c; !g* r j i i- i: -4—| i 1 :4 1 zU:. ::-r i lil
      80 words
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      Page 19 Advertisements Column 2
      420 19 A I Mm. m 23-25 April 1997 KB Im Singapore International Convention Exhibition Centre ASIA CARD TECHNOLOGY '97 The Premier Exposition A Conference on Card Technology and Applications ImMyufttUg ASIA BANHNB TH3HOLOSY V 7 A unique opportunity to keep up with card technology development at Asia Card Technology '97 O
      420 words
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      Page 20 Advertisements Column 1
      91 20 [riTANGZHOu FAIR '97 (sth Session) Seize the opportunity for great business success. Showcase your products and services at our trade (air and captun the huge China market. Dale July 17-22 1997 Venue China Export Commodities Fair Hall, Guangzhou Size Guangzhou Fair '97 will occupy an exhibition area 20,000 sq metres
      91 words
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      Page 22 Advertisements Column 1
      188 22 world business class When you've spent 4 houis jammed in a stadium of AtbcnTeo Jtk|W screaming rock fans, pervmal space becomes more of a necessity than a luxury Which is why I value Worid Business Class firom Northwest Airiines and KLM. c£/m2&> The WBC seat redines further, the fcxxie* 44
      188 words
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      Page 23 Advertisements Column 1
      136 23 ~~Land Transport Authority Info line— COE Bidding Results Car Registration Number Availability. Available on 10th or 11th of every month. All you Available between Saturday and Wednesday each week. All you need is need is enter your IC, Passport or Company Registration enter your Car Registration number; number and the
      136 words
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  • Page 25 Advertisements
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      Page 26 Advertisements Column 1
      309 26 BUSINESS Notices NOTICE IS HEREBY GIVEN that, I Lim Zheng Yang of Blk 420 Serangoon Central #10-400 Singapore *****0, have applied for a Ist Class Beer House in respect of M/s Three Hundred Coffeeshop located at Blk 65 Circuit Rd #01 -361 Singapore *****5 and that this application will be
      309 words
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      Page 26 Advertisements Column 2
      471 26 CERNPOW TRADING PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant lo Section 308 of the Companies Act, Cap 50. the Final Meeting of the Company will be held on the 14th day of May 1997 at 11.30 am at No. 7500 A
      471 words
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      Page 26 Advertisements Column 3
      592 26 To advertise call toll-free 1800-741 1883 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding-Up No. 84 of 1997 In the Matter of the Companies Act (Chapter 50) And In the Matter of KOKUBI FURNISHING PTE LTD (CO. REGN. NO. *****3434R) ADVERTISEMENT OF PETITION NOTICE is hereby given
      592 words
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      Page 26 Advertisements Column 4
      70 26 Home Decor For people who love their homes M f ifl I 1 ff) I m• IfetslliaErag mm mlm I ftwf u m mm HI i Ivl WM 1 m I LJJ I j /VyT LATEST f V^ety GET IT NOW! APRIL-MAY 97 HOME DECOR $4.50 4 Times the Bookshops
      70 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      299 27 Reuter GRADING remained 3fuggish in most areas of ne market and rates were «jftther easier or just "holding at unchanged Hvels, brokers said. After an unchanged Ifcening, the futures drifted Iftwer and then the downward momentum Clarkson Wolff *aid in its daily Biflex ttarket report. fig Early expectations
      Reuter  -  299 words
    • Article
      MARITIME STOCKS
      198 27 S3 m MMlMl T&m 0.005 34 0.«7 -0.01 22 rBf-"*r to# -am ozt AHAM a?4 -AM 3 MKHatfnaa —_MK&6 JmHoMb** 1.03 <gii|IM»li« U uncf) 35 SSc«» an -o2 t040 Kappa* fU-S 4.4® -0.1 44 KMfatMrtna IM -0.01 47 kB&TM U> 0.0# 304 igZyttonm U -002 349 U 4pray
      198 words
    • Article, Illustration
      Lock icon Shipping community surprised, most say it's good move by NOL
      502 27  -  VOL'S PROPOSED ACQUISITION OP APL Complete buyout a shock to many;'small fish eat big fish' some say; timing also unexpected By Yong Mei Fong Marcus Hand [SINGAPORE] The proposed takeover of APL Ltd by Singapore's Neptune Orient Lines (NOL) to
      CHRIS LOH  -  502 words
    • Article
      Lock icon FMC expected to announce it will not impose fines on 3 Japanese carriers
      287 27 NYT [TOKYO] The US Federal Maritime Commission (FMC) was expected to announce yesterday that it will not impose fines on three Japanese shipping companies. The FMC said in February it would impose US$lOO,OOO (*****,000) per-voyage fines starting
      NYT  -  287 words
    • Article, Illustration
      Lock icon Evergreen orders 8 large ships from Japan
      114 27 [TAIPEI] Taiwan's Evergreen Group has ordered eight largesized container vessels from a Japanese shipyard at an undisclosed cost, company officials said yesterday. "We signed a contract with Mitsubishi Heavy Industries Ltd on March 31 to buy eight 5,364-TEU (20-foot equivalent unit) container vessels,"
      AFP  -  114 words
    • Article
      Lock icon Panama defends port concession
      54 27 AFP [PANAMA CITY] President Ernesto Perez has dismissed US complaints about a Chinese consortium's concession for two Panamian ports, saying it was won "fair and square". Panama recently granted Hutchison Wampoa a contract to administer two key ports, located on the Atlantic and Pacific sides of
      AFP  -  54 words
    • Article
      Grand and Global alliances dealt second big blow
      329 27  -  P&O-Nedlloyd merger was first blow; the two alliances may collapse By' Yong Mei Fong (SINGAPORE] NOL's surprise takeover of APL has dealt a second big blow to their respective shipping alliances, the Grand and the Global alliances, which may collapse as a
      329 words
    • Article
      Taiwan lines await China's review of applications for direct sailings
      201 27 [TAIPEI] Taiwan shipping lines were casting an anxious eye towards Beijing yesterday, eager to know when or even if communist China would reciprocate a Taipei gesture and allow them to sail long-forbidden China-Taiwan routes. Taiwan last Friday authorised four carriers
      201 words
    • Article, Illustration
      Lock icon Handover blues hit carriers
      727 28  -  TAIWAN SBZPPZMG INDUSTRY! HK'S RETURN TO CHINA CLOUDS FUTURE HK is a key transhipment point for Taiwan goods sold to China and, despite an unwritten agreement for business as usual after its handover to China, Taiwanese are increasingly worried over shipping links with HK post-July 1
      Reuter; FILE PHOTO  -  727 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      253 28 PAGE DZ 2 ACL II Eastmal 5 ANL 3 WW tl At* 4 ECL 6 Accord 12 AhrmkM 4 AppraNp 5 7!" Emgrwn 6 r I i Famous 7 Austral II n ,a~M Avant 6 a FoongSw 12 I Frt World 7 M«Wo
      253 words
    • Article
      SHIPPING GUIDE
      16062 34 THEBUSINESSTIMES EXPORT ETA ETA Advertiser V.ssei Voyage Telephone ETA ETA Advertiser Vessel Voyage T p^* SIN Desfn HUM Nam. NumOer Number SIN Desfn Nam, Name Number Numeer 21/M 8/05 DS£N CHOYANG VOLGA WF720 65-****** A 24/04 17/05 Hanjin HSAVANNAH 065W 65-32*0224 ?4/04 18/05 Evergreen E. LINKING I'M* IS-JKW
      16,062 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        579 41 Htji Voy No Arrival Dtpwturo fUnli wlnmr 04/97 **7 iMqxM *.04/1200 r s s: sggs ja *£*2! MJ22 i —«i n t, r 001 J12 *tonqs4dt 8.04/1800 apr— ooUt jw sg »ow» LKM Hurt 12 J04 1KX*JS>0« 17 04/0000 Pu£mL 03/97 JW Mnqsri* 1504/2300 frwtVi L« H74 JO#
        579 words
      • Article
        CONTAINER SCHEDULES
        1664 41 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CARGO BoqMrq/Mmc* Rstls Ship Voy No Etb/Btr Ptriod Frow To From tciCIOMr MM WOW a 522' 22? 1 MM W WO 4 WBW IVMM WWW r i «2 17/1900 i M/HW WWW M/WW a M/T700 WOtW WWW l wotw wow vkoo
        1,664 words
      • Article
        GLOBAL HOLIDAY
        259 41 Apr IB Saudi Arabia (TENTATIVE) Eid al-Adha (dependent on sighting of the moon). Thailand Songkran festival Day. Apr It Egypt: (TENTATIVE) Eid al-Adha (dependent onsighting of the moon). India: National and Bombay boursesclosed for local festival (Ram Navami). Kuwait: (TENTATIVE) Eid al-Ad-ha (dependent on sighting of the moon).
        259 words
      • Article
        COCKETT BUNKER MARKET REPORT
        774 41 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges In US dollars Instead of single price* for a more comprehensive description of the market. Price* shown art baaed on averagestxed stem. Market movements are Indicated. The Cockett Bunker Price Index change and the Individual
        774 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        473 41 Ctrtoo HO Mu 992.5 U 16.8 O.H 71 0.00 iar 10 Domttt Water BhMm Ait Dkmktm Mtamrt No tbon 125 116 4 0 =-2 =22 rrr- 300 aw 905.6 0.5 0.7 o.o? 32 0.02 MO MM 995 9 7.0 17.9 0.10 81 0.07 «Qri »»/> %iy
        473 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Boeing reaches milestone in design work of 757-300
        317 42 Factories and suppliers can begin making parts and assemblies for derivative jet [SEATTLE] Boeing engineers have completed a key milestone in the design of the 757-300, the newest and largest Boeing single-aisle airplane, releasing 25 per cent of all design drawings for
        317 words
      • Article
        Lock icon Hyundai resumes exports to Taiwan
        158 42 Reuter [SEOUL] South Korea's largest car maker, Hyundai Motor Co Ltd, said yesterday it has resumed car exports to Taiwan for the first time since 1992 when Seoul and Taipei severed diplomatic ties. Hyundai Motor said it shipped 270 automobiles on Monday. Taiwan banned car
        Reuter  -  158 words
      • Article
        Lock icon India airlines put on more flights
        127 42 AFP [NEW DELHI] India's domestic airlines put on additional flights here yesterday to clear a backlog of thousands of passengers still stranded following a strike by air traffic controllers, officials said. Some 350 domestic and international flights were cancelled after the controllers walked out
        AFP  -  127 words
      • Article, Illustration
        Lock icon New Heathrow terminal's delay may lead to review of user fees
        298 42 Reuter [LONDON] Delays in building a fifth passenger terminal at London Heathrow airport is likely to put pressure on Britain's Civil Aviation Authority to review the level of airline user fees it allows airport operator BAA pic to charge,
        Reuter; FILE PHOTO  -  298 words
      • Article
        Lock icon UK airports handle record number of passengers
        152 42 Bloomberg [LONDON] BAA pic said its seven UK airports handled a record 98 million passengers in the 1997 fiscal year that ended in March, an increase of 4.6 per cent from a year earlier. Passenger travel jumped 6.3 per cent to 8.2 million
        Bloomberg  -  152 words
      • Article
        Lock icon Ford makes its assembly lines virtually foolproof
        288 42 FT [LONDON] Ford Motor Company, the second biggest car maker in the US, is introducing "virtual" assembly lines using advanced computer technology to test new production layouts on screen. The visually spectacular technology called C3P shows "virtual" workers stretching, leaning and wielding tools,
        FT  -  288 words
      • Article
        Lock icon New Emery chief to decide on widebody aircraft soon
        316 42 Reuter [TORONTO] US integrated freight carrier Emery Worldwide will move quickly on a decision to add widebody freighter aircraft to its domestic fleet, said Kent Scott, new head of airline operations. "It's one of my highest priorities and one we are
        Reuter  -  316 words
      • Article
        Lock icon Virgin Group to reveal details of Sun Air bid this week
        207 42 Reuter [JOHANNESBURG] Britain's Virgin Group is to detail a bid for South African state-owned airline Sun Air towards the middle of this week. The deadline for pre-quali-fication bids for the airline, formerly the carrier for the nominally independent homeland
        Reuter  -  207 words
      • Article
        Lock icon Airbus to sell 7 converted freighters to DHL
        182 42 Purchases to meet fleet rationalisation, replacement and growth plans Bloomberg (HERNDON, Virginia] Airbus Industrie, the European aircraft consortium, has signed a memorandum of understanding with DHL Worldwide Express, the international air express service, to sell it seven A ***** converted freighters. Federal
        Bloomberg  -  182 words
      • Article
        FedEx increases its direct weekly flights to China to four
        165 42 [BEIJING] The US-based Federal Express (FedEx) has announced the expansion to four direct flights weekly of its existing US-China and ChinaAsia service. There were formerly three flights each week. The extension of flight service further enhances the connectivity for imports
        165 words
      • LOG Book
        • Article
          Lock icon Polar starts service to Osaka today
          111 42 Journal Commerce {LONG BEACH] Polar Air Cargo will launch freighter service between the US and Osaks today, the airline saH*£ Under a pact reached in 1906 between Japan and the US, one new US carrier is allowed to operate from any point in theUSto
          Journal Commerce  -  111 words
        • Article
          Lock icon Taiwan, Russia to launch direct air links
          58 42 AFX-Asia [TAIPEI] Russia and Taiwan are expected to set up direct air links in May, the UntUd Daily News reported. Thf newspaper quoted foreign ministry officials assaying that Taiwan also hopes to extend flights from Moecow to other European rtiwHraUlnn* but outstanding dtffisrtocesremain
          AFX-Asia  -  58 words
        • Article
          Lock icon Untitled
          74 42 Reuter [SYDNEY] A 30km stretch of motorway south of Sydney woe closed for more than eight hours yeeterday after nine trucks and two cars wet e involved to two asperate soddsfita,poUee said. Tmpaople were kUured, two seriously, in the early morning collisions an the F-6 freeway near Mittagong, about 100
          Reuter  -  74 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1261 42 OTY FUCHT ETA FUSHT ETP YW741 010 VW740 HIP AdaiaMa $0230 1830 0T82 2055 Hat Yal TG407 2105 T6408 0820 Amtartan S0327 0805 IU844 0040 I—»S 2150 iWI WB GA897 1045 KL838 2300 Ho CM MM VM741 1310 GAB 38 1210 KL837 1455 DL26 2355 GA839
        1,261 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      18 27 July 1997 handover bines hit Taiwan carriers Hongkong's return to China clouds future of Taiwan shipping. Page 2
      18 words
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      Page 27 Advertisements Column 2
      306 27 fMk P60p16 ■p Federal Express has promoted Donald F Calsran (left) to vice-president sales, for Asia-Pacific Based <§| In Hongkong, he succeeds Casey Zettler, who moves to take on new responsibilities of sales for the United States and Canada. i r^mM. UMan C Bottom. director of the port commerce' department
      306 words
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      Page 27 Advertisements Column 3
      55 27 Boeing reaches milestone in design work 0f757-300 Factories and suppliers can begin making parts and assemblies. Back Pafe Handover blues hit carriers, Page 2 We can ship your cargo Rl^nBRI in the world. Thaf,<; *>■*- |L^| 4 k .^^1 •> *> :'r. FAMOUS FREIGHT WP FORWARDING (S) PTE LTD Tel:
      55 words
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      Page 28 Advertisements Column 1
      674 28 I Tr-pHll mmwowbi sSn~~S*i 7m vm~ »/•> »m a/M /u m m I koiwu sswsii nm nm nm «m nm «™~«> m m nm I 1 M» W/M »/H H/*4 H/M 11/ M "f m nm I mn «m «m nm nm »m I >"« II WMt otbu iw m»
      674 words
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      Page 28 Advertisements Column 2
      456 28 Unas A MrvtcM npminM /Im. jU >ii ■n (iflraßii Of WW negwiy Of \MHPf/ AoowflM Shipping Aynti, fl'■ i i■ 1.1 .I lii I. A—— vypy opon rtaoonaj orvppvig Assoc J Singapore Freight Focwcte**- Associflion. 4 J lAL Container Line (UK) Limited ,4-. Miiime Tunspoit Resources iS Ptf Ll<.l Tel
      456 words
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      Page 29 Advertisements Column 1
      880 29 PACIBC SOUTH WIST EXPEESS (DWECT) ALSO ACCEPTING KANAUS 1 lußtca I mtw lin sum aim lax dm. mm cm ktc «i nou no« Stt f*s« —-i«-ww:ww:-*ML~m.»*rm gg gg gg Wl SWwWI 1 I *1" I 1 I I If I I I v, t IMMg I —M« I Aft JflfAM
      880 words
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      Page 29 Advertisements Column 2
      1444 29 (g) HANJIN SHIPPING 111 —NAPA* .■mi.m, mm I pm m wr or mt i mwHiKBiK om ■m m r* m re II HlllM 1111 14/ M 117/ M I M/M U/M W/M 'V* 'V* 14/tS U/M 14/ M 14/ M U/M jl/M_ n/M |m/m I is/m~ 17/ m u/m u/m
      1,444 words
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      Page 29 Advertisements Column 3
      94 29 ORIENT EXPRESS UNES (U.K.) LIMITED OSlIj (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAjJBOMBAY)_SHLJTTL^_ VtSSa VOY SMGAfOtt KMMAY VPSR VOT 10—AY gjjjWg LEERORT 916 1 8/04 25/04 LEERORT 915 11/04 18/04 9NARTQ6A 210 25/04 02/05 SINAR TQ6A 209 17/04 25/04 NORDKAP 410 30/04 07/05 NORDKAP 409 23/04 30/04 LfEROKT 917 09/05
      94 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1229 30 <CT DSR-SENATOR in Round the World Container Services j TOMPCOWtINKW M FBtWCTMXHCTINBWT Iwr BT MM I WW IWW I m Imr luw Ifwaa Iwr uw Imm Im» ai I iu~ m «l_ CALJFORMA SENATOR WFTII MM 1106 11M U.M 13 M til M.M CHOYMMOUCCOS EE7I7 M.N 27 Man M.M HMUM
      1,229 words
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      Page 30 Advertisements Column 2
      1159 30 I NORASIA I ***lha j MffMißi 1714-3 17*4 17M U HK M IMB 12*6 66*6 HB6 OM6 OM6 IMB mtST 9716-J I 22*4 24*4 I IMB IMB IMB IMB IMB IMB 21/ M IMB IMB 17*6 MSCJMMME VMM I 29*4 30*4 IMB IMB 17M 2MB 2MB 22M8 2MB 2MB 2MB
      1,159 words
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      Page 30 Advertisements Column 3
      427 30 j^/VO^TRANgj CONVENTIONAL SERVICE TO THAILAND AND MALAYSIA J| BREAKBUUC, RO/RO AND HEAVYUR ANY WBGHT Z THAI HAG STATUS PRIOWTY BOTHS Arii l«pm* V.4SA SMB SAJLB) 10-2D/I4 10-10/14 Am Lxprvu V.44A 21-25/04 2*24/04 2*30/04 11-04/05 Ol Mi bpreu Y.47A 07-W/05 10-10/05 13-14/05 14-17/05 7t Asta Ixprm V.4M~ 20-22/05 23-23/05 24-27/05 27-30/05
      427 words
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      Page 31 Advertisements Column 1
      884 31 a., g —ass; r SSSESr St!S &>«' iroM7 -»«»7 2 ouSi TAKHTI ML-1224 13AW97 Li Qnwvi I I STI •rrrrnyr nil i CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. Bltf I Jj TAOZHIKISTAH GEORGIA VU M»W W <• s? WoBE 5 srkkbl---HOUSE. SMOVOffiOIM «*>°° MLAWGOB WUVW JSJoMjJiSIITA
      884 words
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      Page 31 Advertisements Column 2
      1263 31 i MAMIOCMiraSVM I MIMM I iawnu-sseeuiMwrs: ivmmmwi tilimiwo huljmmm ouiwoob/u «oswi rnaift CMiPMNfi ffi LTD ti7-o< ms kog saus/mgs 4KSMI/4) wwwDOffi|D/#i <*****5 COSTAR A6MCIIS (M) SDII WW J c *£wJsS£r ?i£gSs)%Siot) SSBSSim uk/oo)1£ iw iw iw iw iw <>w jmo IV I I (t"tm aw lift* vsi/wr im mi ob
      1,263 words
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      Page 32 Advertisements Column 1
      842 32 11 MJUHm-n] ISMlmmi suw &ix.|< ss» st ss I I IKST.ii. SS 3£ !»45 45 22 £S 25 EE SE S£ 25 I E MKT (WMM WRB 2MB TW H4» »4> K* B nl I 6UC,T E #MM 7 4 w I I iM I I S»« Si. %?KX»!w«»«&[S»| I
      842 words
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      Page 32 Advertisements Column 2
      690 32 luncmom oSftSi 5* BR ?2{ §2 SSST SlSi IV? IVW IVW U/K it/K S® 1 P IIMOMB *****3*1 M 4 Ot/B Ofc* 0/» o*«s OMS WCOKHT *****J31 IVO4 IVO4 14/04 IVW 14/W 71,W IuNIVAIOI OOSJOH-OJO 1104 73/04 ?4/04 UHFOMMffi 054J15-1M 07/JM 01/04 W/54 14/04 I| m| PLi Kir .7/04 77/04
      690 words
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      Page 32 Advertisements Column 3
      539 32 rpk NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA i vissa I VOT ISM IWD IWW <W maotuvbius ous h/h os/os oy/is ii/k MOM 01«_ n/K 13/05 11/05 Tl/tt tmmimncKS ous ivos 2t/ts IjjMMjgg QMS 72/05 31/05 04/04 N/N J ■jWMfgg 01SS 07/04 17/01 »/N Miwjiwjjß m )z/ot ;i/ot
      539 words
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      Page 33 Advertisements Column 1
      706 33 BSfl n. %mtm MYANMA VBBBk FIVE STAR UNE r (Myonmor Noti««ol Dm) Loading for Ym|«i (Rangoon) VHSft VOT SIN p*g pen pgu pagan urn su> HP*-AM IMW SUI HAUTSU AGCNTS: KXBTUO SMPPWG AGENCIES KUL TU 07-03-*****04 HI: Til 02-03-*****01 n* m 02-04-*****02 PGO: TEL 02-07-*****21/4 BANK LINE (A strvict •<
      706 words
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      Page 33 Advertisements Column 2
      1160 33 HYUNDAI MERCHANT MARINE CO. lIP. If mi m ko vfSSH VOT 81 UH UN MI HAM HI 1 B— HSw iSfc nm «ioSS S« uflj ">\\ «'S 11/04 10/04 11/04 MIAOMBAI »/M 07/0$ 00/0$ 0/0$ 0/0$ 0/M 13/ M 2s/04 2S/04 24/04 WL HKMESS JO4W 77/04 14/0$ Is/0$ 17/0$ 17/0$
      1,160 words
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      Page 33 Advertisements Column 3
      36 33 "DAIfWE^RCWi smppmq rrc itd LCI. rnnanlM«ttiin mmnfk~»a to MEXICO, CENTRAL SOUTH AMERICA Accepting cargo tor porta In Marico, Gu—amafc. B SaWito; Honduras Costa «c* Dominican Hip, Puerto flfco, Msr*iuß«a. mrkiaA CMonTtia. Ecudor. Rmu. Ctrta A Unjguay
      36 words
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      Page 33 Advertisements Column 4
      604 33 FAMOUS CONTAINER UNES Jif—* 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) FAMOUS LOGISTIC (M) SDN. BHD. (Co. siissp) NO. 30 LORONG CEMPENING ***** PORT KLANG, SELANGOR DARUL EHSAN MALAYSIA TEL 603-*****33 (20 UNES) FAX: 603-*****33 (05 LINES) COMPREHENSIVE SAILINGS TO AND FROM PORT KLANO Our Company
      604 words
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      Page 35 Advertisements Column 1
      30 35 To retrieve more schedules, just follow these simple steps... Step# document Jbial 740-6000 be faxed Jm~ WMt o you* Press the port your Step key in the four number C(K^e
      30 words
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      Page 37 Advertisements Column 1
      476 37 Wm 1 W—kly LCL FCL |I^ M rnniQai Services to Caribbean I— m MMMM o Central America MAOSK HOUSTON SEA JADE 9706 615 C II Port Country 13/04 20/04 11 yt! City WO5 24/05 IE Bridgetown Barbados 20/05 27/05 |LL_ Canageoa Colombia 19/05 26/05 |l___ Castries St. lucio 19/05 26/05
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      Page 37 Advertisements Column 2
      1220 37 ADVANCE CONTAINER LINES (PTE) LTD M I JL I 140 C«cH Street #12-00, PIL Building. Singapore *****0 I IZ\l_ I TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL H I rn ton 1&*****0000E I I .AMOKOK JJJUMk lIP I [5 SfM-m'W—li M PAT 3 Sxhngi to DMT. I HKp ID
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      Page 37 Advertisements Column 3
      794 37 |CR NO: **********02 VESSELS VOY IS» I JH> I 1 1 1 I T. 4~otH VILLE DE POENA HI9W I*o4 2M* 0M» OM* OIM* VILLE CHORION VlfW 21AM 30AM Qg*» 11/06 12/06 IVO6 WO6 VHE DE VELA VI9H W 07/06 o*o6 I*o6 ??S5 VILLE DE CAPELLA T2OW 06/06 IVO6 ISrt)6
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      Page 38 Advertisements Column 1
      802 38 liliflKOK ~1 FT KILAWQ VSEI VOY SIN BKK VESSEL VOY SIN PKL MATHU BHUM** awT W*d I 18/04 S«t 19AM BUNOASEBOJA 7088 Tu» mPt W*d 18AM XETHA BHUM mS~ IST" ISoT GURU BHUM 7738 Wd 18AH Fri 18/04 22/04 BUNQA SEROJA 7086 Tbu 17/04 Fri 1W AMAH BHUM 62N mO4
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      Page 38 Advertisements Column 2
      426 38 PUL INTERNATIONAL UNE I HJL^HTERMTfOHAL MUlrk to**, Wt <-*V, W,Lrf >■».. I MH«Mlfltl) 4SKSAW MT IMI g?hftiiflrii tn "T"' M T -jntftm M MS nM mm jim. _ML HM. Ml AIIHJJ 4 r. ya' 1vot( '1 sp mw! u/m m m/misou l>7Br aa i—|gs;i*fi*v*«i** i*fe vu vot I m I
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      Page 38 Advertisements Column 3
      615 38 a ACCORD A SHIPPING PTE LTD M±a m: *****56 (40 line*) PAX: *****46 mriUW <U) U1 14*1 J MftECT ACCISS m *****57 (IXPO*T tOOKMO) HSM 6MMN6 :<W 151 MOT 2258*87 (IXPOCT DOC). *****64 (IMPOftT) fSMM (*4) UJ 1444 U®L:HTTP://WWWJkCCOSD.COM.SO iUUffBI (71)440*7/1 SAA« FOKT m SIM POKT ITA SIM POtT ITA
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      510 39 SINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE iSINOTRANSI J S (*****7). TEL: *****90 FAX: *****98 >' TLX: R*****1 SINOEX NC/ SINOTRANS SHANGHAI (CONTAIHER SERVICI) VESSEL VOYAGE ETA SIN ETAHKG ETASHA G. WEU. 9710 19/04 24/04 28/04 G.LIKK 9710 26/04 01/05 05/05 Q. GLOW 9712 03/05 08/05 12/05 G.
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      Page 39 Advertisements Column 2
      338 39 si^^?l!BO^Mo^l)s44^ TOKYO/YOKOHAMA/KOBE/OSAKA MV "ASIAN PEGASUS" V. N144 I ETA SIN 20-04-97 NAGOYA MV "ALLIGATOR MIRACLE" V. ***** ETA SIN 19-04-97 CALL BOOKING: 220-2022 MARILYN/YONG/HAMIDAH/MAS/XIUHUA fT* 11 MAC-NEL* *****22 consolidation, warehousing, transportation, 00/7 HOUSEHOLD REMOVAL AND AIR CARGO SERVICE ouvEsssrrtaD LCL CONSOLIDATION SERVICE An itNlliti of Mitsui OSK Lints Hal Sen
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      Page 39 Advertisements Column 3
      137 39 DELTA STAR 15/04 RdnVAlw/BnwVUK*»an I ■cANALP 2004 27/04 RdrVAtwAJK/N»i I ■gamma 3CVO4 Rdm/AtwAJK I ■van K 18AM RdnVAtwAJ-K I Loads t/W. Mataywa. todonHa 1 ■STARSJN I CRYSTAL OutMi/BahrairVDarnmafVKuwait I VERMEZ Hodwdah/JeddafVEgypt I ■A.HAZER Jeddah/Aqaba/ltaly I ■sea MASTER M Duba/A. I H *Load» Sngapora. E-/W. Matayaia. Indonesia I Loacfcng for ■pimaH
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      Page 40 Advertisements Column 1
      752 40 Shipping Times tSUSENESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. Fast, Reliable and Committed ISfflPVffiffil to you when it comes to Marine
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      132 41 I ugcno 1 R Thunderstorm Temperoture c X\ i A Shower Weother Wind direction with speed in knots J R«n O 0 Cloudy Sky Wove height SeHoce ore mdkoted by arrows which My with the wind 1 y One fu« circle represents calm or light and variable winds i One
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      Page 42 Advertisements Column 1
      67 42 A Foreign Ship Registry with representative office in Singapore has a vacancy for Suitable candidates should possess the following: Minimum 10 years' experience in marine surveys. Wide contacts with the shipping industry. Master Mariner or Chief Engineer preferred. An attractive remuneration package will be offered to the right candidate. Please
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