The Business Times, 24 April 1997

Microfilm: NL20875
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, APRIL 24,1997
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  • Article
    MARKET SUMMARY
    49 1 D MMJ9 (-12.76) niton Mm* (-2.63) D £2^.76) D £3M-2.72) n MiBSCTBOOft Hi MM wmittirn—i KL8E COUP MRKB _> —t8.7X.47 ItLM BANG SBNO U.?l7J4_*mi» 8KTINDKX ML7I -U7 JAKARTA OOMP —*141 -*U1 SBIJCiSfcSS SHXJLCQMT «K «MI CUBA CHIflA 9 —1.48L81 -817 AOBTALLOB) 147M ♦*.1 i MP* a-r DOW UMJB
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  • Article
    FINANCE
    67 1 si tat —lm4 1.03 1*8 M MM (M YEN IN H7M im Mt IM 1178 HKS tl» IM BAHT »M8 MM HJPUHtW M41 MM PUKE BATS souAPoar 144 KUALA LUMPUR HI* JAKARTA 18J0 BANGKOK UK MANILA 11M BONOBONQ 171 TMPB I.* 8YDWY_ IN TOKTO 1M SEOUL 1171 ZUWCH** JJH
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  • Article, Illustration
    Lock icon Manila is next to impose curbs on property loans
    562 1  -  Cat in loans to 60% of project value, banks mnst make 25% loss provision From, Al Labita in Manila THE Philippines yesterday joined the growing number of countries in the region to curb excessive lending to the property sector. Monetary officials
    Source: Bloomberg ALLAN  -  562 words
  • Article, Illustration
    Lock icon Kallang sunrise
    62 1 [SINGAPORE] It's twilight time at the Kallang Gasworks in more ways than one. To be phased out by next year, the historic 135-year-old facility will make wayfor commercial, residential and recreational developments. "It's a good location. Thereisa lot of potential to develop it into an area for high-quality
    CHRIS LOH  -  62 words
  • Article, Illustration
    Saudi prince gets on the Planet with Ong Beng Seng
    411 1  -  By< Ang Wan May [SINGAPORE] It was a marriage of royalty and Hollywood glitz yesterday when entrepreneur Ong Beng Seng roped in Saudi Arabia's Prince Alwaleed Bin Talal Bin Abdulaziz A 1 Saud to expand the Planet Hollywood chain worldwide.
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  • Article
    Busang gold hopes revive as Nusamba ups stake
    476 1  -  Mew drilling data and move by Suharto-linked group brighten prospects From S N Vasuki in Jakarta THERE may yet be gold in Busang, going by another intriguing twist to the Indonesian gold-mining saga. Harian Neraca Ekonomi, the same newspaper which broke the
    476 words
  • Article
    STII hits 27-mth low despite Wall St surge
    177 1  -  By\ R Sivanithy [SINGAPORE! There was little joy In the local stock market yesterday as investors shrugged off Wall Street's 2.6 per cent surge on Tuesday and Instead focused on domestic concerns, sending the Straits Times Industrials Index down to a 27-month
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  • Article
    Lock icon Dow takes a break, dipping 3 points at 1pm
    51 1 AFP [NEW YORK] Wall Street took a breather yesterday, a day after a spectacular rally in blue chips as investors digested a string of generally positive corporate results. At Ipm EDT*the Dow Jones Industrial Average was down 3.21 points at 6,830.38.
    AFP  -  51 words
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      108 1 mmmmmmmmmmmmmmmrnmmmmmmmm DTSXDE ZZIZZIIZIZZZZIZ^' 9 Jeep and Ssangyong are the latest carmakers to introduce spat-utility vehicles on Singapore roads, I*l4 MttaniagpnfiteWity BT*s survey on return an eqaity turnsupa very difisrent, corporate roll of honour, P*l7 > Moats, pg 17. Numbers look attractive but the company's business rather unexciting. teste m Hte,
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      21 1 TAGHeuer i> -JfeSUCCESS. r "> MIND V-i# GAME. mi ~\%J x > V- X r> -v ..-.f-., VT. I THE NEWS/EL MRKS v
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      Page 1 Advertisements Column 3
      9 1 US stocks due for more correction: analysts, Pg 20
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  • SINGAPORE AT HOME & ABROAD
    • Article
      NETS to launch Internet payment gateway
      226 2 NETS or Network for Electronic Transfers (Singapore), the cashless payment system is getting onto the Internet. It will implement a payment gateway for secure Internet commerce by June 1997. NETS will use the Secure Electronic Transaction (SET) protocol developed by credit card companies Visa
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    • Article
      Templeton umbrella fund raises $100m in 9 months
      385 2  -  Two more funds planned for launch this year, says senior official By\ Shiv Taneja TEMPLETON Investment Funds, Singapore's first umbrella fund, has raised a total of $100 million in nine months since its launch last June, a senior official of Templeton Asset
      385 words
    • Article
      HP to make new NetPCs here
      391 2  -  Net Vectra corporate desktop slated for world launch in June From, Raju Chellam in Hongkong US computer giant HewlettPackard plans to manufacture its new range of NetPCs at its Singapore facility and is increasing capacity to add this line to the commercial and home
      391 words
    • Article, Illustration
      Latest URA land sale seen bringing in up to $600m
      531 2  -  Prized plots Draycott Park, Newton Grove np for tender t¥ Diana Oon THE 3.9 hectares of residential land put up for sale by the government yesterday could rake in between $520 million and $600 million, consultants said yesterday. They expect
      531 words
    • Article, Illustration
      Lock icon Average inflation for Q1 is 1.7%
      310 2  -  EYE ON THE ECONOMY Inflation liy, Audrey Tan THE consumer price index rose 1.6 per cent last month, same as in February, bringing inflation in the first quarter to an average of 1.7 per cent. After staying well below 1.5 per cent for most
      Souce:  -  310 words
    • Article, Illustration
      Lock icon Impact of coming fare hikes on CPI not significant, say analysts
      428 2 THE upcoming fare hikes for rides on buses, taxis and the MRT will have a discernible but not very significant impact on the consumer price index, according to analysts. "Basically, the fare increase is rather modest, averaging about 10
      FILE PHOTO  -  428 words
    • Article
      US telecoms billing solutions firm to enter Asia
      205 2 WITH rapid deregulation in Asia's telecommunications industry, US billing solutions provider Saville Systems sees its sales from Asia shooting from zero now to US$3O million (5543.2 million) by the year 2000. Asian sales should contrib- ute some 30 per cent to group
      205 words
    • Article
      M1 says GSM network fully restored
      251 2 NEW mobile phone operator Mobile One said its GSM network, which was hit by a bug on Tuesday, has been fully restored. Ml yesterday said its engineering team and its supplier Nokia restored the system to full operations at 2.30 am yesterday morning. From
      251 words
    • Article, Illustration
      Lock icon Norwegian group Nera launches satellite phone in S'pore
      349 2  -  By' Toh Han Shiv THE Nera World Phone, a satellite phone small and light enough to be carried by one person, was launched here yesterday by Nera (SEA), a wholly-owned subsidiary of Nera ASA, a Norwegian telecommunications group. The Nera World Phone
      ARTHUR LEE  -  349 words
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      Page 2 Advertisements Column 1
      92 2 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 are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      92 words
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      13 2 Young Parents I When you want the I best for your children I
      13 words
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  • Page 3 Advertisements
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      217 3 how do we make every customer feel like our only customer? As your business grows, don t you find access. And a previously expensive it's difficult to give the same level customer service department now cf service to each and every customer? costs much less to run. One transport company
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  • FOCUS: PROPERTY
    • Article
      Storm before the lull for resale flats
      494 4  -  HDB resale market seeing flurry of interest in two-week grace period before new measures take effect an. Abdul Hadhi [SINGAPORE! THE HUB resale market picked up somewhat last week but few agents expect the "improved" sentiment to last beyond this week. Resale applications
      494 words
    • Article
      House Hunt
      1228 4 HDB transactions from Mar 24, 1997 to Apr 18, 1997 TYPE/ POSTAL CONTRACT BUH.THN PRICE UMT PSf LOCATION DISTRICT DATE (SOFT) (SS'OOO) (S$1 3-Room (Type A) Bukit Batok West Ave 6 2365 4/15/97 807 201 249 Jurong West St 91 2264 4/1/97 807 180 223 Tampines St 24
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      527 4 r 36 SOUTH BRIDGE ROAD SINGAPORK iPn Tenure Statutory Land Grant A newly reconstructed 4-storey commercial building with a passenger lift. Floor area i "it i I *Mr 5,499 sf gross/3,969 sf net approx. ~aT -"i inL9HK*t< Jm Auction Date/lime Thurs 15 May 1997 at 2:3opm Auction Venue Peking Room.
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      Page 4 Advertisements Column 2
      268 4 II Specialist I I in Residential Letting and I Property Management I in London I FOR SALE BY TENDER 7 SEWOKO SOUTH ROAD SINGAPORE *****1] Description A single-storey detached factory development with a 3-storey ancilliary office annex Gross Floor Area 80,517 sq ft (subject to final survey) •Land Area 109,723
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      179 5 fjmfm nrmwiwiwiwwwwwig— i jfl Sj( i MB iB it m II I II II M' iui T tiftfiifc Hi T^ nii i iii iiitii' itiiy -m-r^z -II II I I 111 H! li ilnJ |BBBBBBlllilßL|^ggA^| .JE^^^m ||y| #ll II 11 |l ***** l||||||lm SMALL THINGS MAKE PERFECTION, BUT PERFECTION IS
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Seagate to set up plant in Cebu township
      144 6 >■ MANILA Bernama US FIRM Seagate Technolo--5 gies, the world's leading data "technology company, is set- ting up a production plant in > Naga, Cebu, 500 km south of J Manila, its Philippine host an- nounced yesterday. Seagate's facility will be in
      Bernama  -  144 words
    • Article, Illustration
      Lock icon Preparing for election clashes
      61 6 [JAKARTA) Indonesian riot policemen clashing with demonstrators in a mock riot exercise in central Jakarta yesterday in anticipation of disturbances during the May 29 general election. About 2,ooopolicemen in plainclothes played demonstrators and 3,oooothers took part in the exercise ahead of the campaigning which is set
      AFP  -  61 words
    • Article
      Japanese firms to move new plants out of S'pore, M'sia: survey
      463 6  -  TOKYO Study 0f3,000 firms .says rising costs induce move to Vietnam I By* Anthony Rowley A GROWING number of Japa- nese manufacturing firms opaerating in Singapore and Ma<Flaysia are planning to site new Cinvestments or transfer existHng production to
      463 words
    • Article
      Lock icon Myanmar will ride out US sanctions, say analysts
      414 6 BANGKOK Economy not over reliant on US; Asia won't back sanctions AFP Reuter Bernama A US decision to clamp sanctions on Myanmar is unlikely to hurt the economy which is increasingly dependent on its Asian trading partners, a Myanmar official and analysts
      AFP; Reuter; Bernama  -  414 words
    • Article
      Lock icon M'sia likely to grow 8.2%
      394 6 KUALA LUMPUR But C'wealth Games spending conld boost growth farther to 8.5%: think-tank AFP MALAYSIA'S economy is expected to grow 8.2 per cent in 1997, around the same level as last year, amid increasing exports and investments, an influential think-tank said yesterday. But economic growth
      AFP  -  394 words
    • Article
      Lock icon Indon workers strike for higher wages
      285 6 JAKARTA AFP MASSIVE strikes involving at least 20,000 workers hit the Jakarta area on Tuesday as workers took to the streets to demand better wages, a report said here yesterday. About 10.000 workers from PT Hardaya Aneka Shoes Industry (HASI), a Nike shoe producer,
      AFP  -  285 words
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  • FOCUS
    • Article, Illustration
      Lock icon New Myanmar sanctions a trade-off
      915 8  -  Clinton administration hopes the move will help it gain support for renewing China's MFN status this year By- Leon Hadar The writer is BT's Washington correspondent {WASHINGTON! US President Bill Clinton's decision to impose new unilateral economic sanctions on Myanmar is part of a wider
      AFP  -  915 words
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      199 8 y 1 %fqEpßM N Refined Looks/"J "Unparallelled Performance.) HH n^^VV^^HFK^kw]w^^H|^^k 8^% v y 1 Boxer "V" Series Engine- —;y Launching the NEW Suharu Impreza Sportswagon Motorlmage is proud to present the all NEW Subaru Test the new Subaru ~~~^BQ^^IDHH Impreza Sportswagon. With its stunning new looks H|M|lll|Hllfl|l Impreza Sportswagon the
      199 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Taipei anti-money laundering law tightens noose on underworld
      590 9  -  TAIPEI Moves to cut ties between politicians, gangs; banks have to log big transactions, keep tabs on clients By] Bruce Cheesman IN A further tightening of the noose on Taiwan's besieged underworld, the government yesterday introduced tough legislation on money laundering aimed
      590 words
    • Article
      Lock icon Kuomintang business units cleared for trade with China
      266 9 TAIPEI But ban on investment in mainland stays AFP TAIWAN'S ruling Kuomintang (KMT) has agreed inprinciple to allow party-run enterprises to trade with Chinese companies, a local newspaper reported yesterday. But Liu Tai-ying, chairman of the KMT's Business Management Committee, said the
      AFP  -  266 words
    • Article
      Lock icon Citibank Int'l gets HK licence
      88 9 HONGKONG AFP US-BASED Citibank International has been granted a restricted banking licence, a Hongkong Monetary Authority spokesman said yesterday. The new branch of Citibank International in Hongkong will take over the existing credit card business of Citibank's Hongkong Branch. Miami based Citibank International is a
      AFP  -  88 words
    • Article
      Lock icon Beijing must make market access offer soon: Ruggiero
      167 9 BEIJING AFP CHINA must make "an ambitious offer" to open its market to foreign trade by the end of spring to keep momentum toward World Trade Organisation accession, the WTO's fcenato Ruggiero said here yesterday. "The next negotiating session in May must
      AFP  -  167 words
    • Article, Illustration
      Lock icon Russia, China sign document on new world order
      332 9 MOSCOW Reuter RUSSIAN President Boris Yeltsin and his Chinese counterpart Jiang Zemin yesterday signed a political declaration which the Russian leader called an unprecedented docu ment aimed at preventing world domination by any country. "We have not signed such a document with
      Reuter; REUTER  -  332 words
    • Article, Illustration
      Lock icon China's window of opportunity
      677 10  -  CBIXA WATCH Lower than expected inflation gives Bering a chance to bring in long«delayed price reforms By Lu Ning BEIJING'S economic decision makers, who have been preoccupied in the past three years with beating inflation, must be pleased with figures for the first quarter. These numbers
      Source: China Rate  -  677 words
    • Article
      Lock icon Handling of HK will be a test for Beijing: report
      507 10 LONDON Heavy-handed policy will do damage just as the Tiananmen incident did, it says AFP BRITAIN'S return of Hongkong to China on July 1 will be an acid test of Beijing's assertiveness, and of the degree to which the outside
      AFP  -  507 words
    • Article, Illustration
      Lock icon Ties would be hurt if Clinton meets Dalai Lama, warns China
      409 10 BEIJING Reuter CHINA told US leaders yesterday not to jeopardise ties by meeting the Dalai Lama, after US President Bill Clinton signalled he would brave Beijing's wrath with a "drop-by visit" to the exiled Tibetan leader. Mr Clinton would
      Reuter; AFP  -  409 words
  • Page 9 Advertisements
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      235 9 iv s (j A Products from SMEs World Trade Centre Singapore Open daily from 11 am to 6pm Trade only: April Trade public: April 26 27 Your source of unique, creative quality consumer goods. Buy directly from small and medium sized manufacturers from seven Asian countries, namely Bangladesh, China, Indonesia,
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      3 9 "1 H H
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      198 10 SINGAPORE TOKYO -M NOW SIX TIMES Ijp A WEEK. SUNDAY Extra flight. Extra choice. We're Happy to announce that with our new Tuesday service, you now have a choice of six a week to Tokyo. This is part of our consistent <?;■ upgrading plans to bring you better service and
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  • ASIA
    • Article, Illustration
      Lock icon Nikkei rises to welcome fall of Nomura old guard
      508 11  -  TOKYO Analysts believe the developments at the brokerage will improve global image of Japanese markets By. Anthony Rowley THE mass resignation of 15 of Nomura Securities' most senior directors on Tuesday lifted shares of Japanese broking firms sharply higher yesterday as
      RKI'TKK  -  508 words
    • Article
      S'pore ops unlikely to be seriously hit
      299 11  -  SINGAPORE Exec says impact from customers in this region smaller than expected By I Siow Li Sen THE operations of Nomura Securities here are unlikely to be seriously affected even if its parent in Tokyo is suspended by Japan's finance ministry, an executive
      299 words
    • Article
      Lock icon Aussie inflation sinks to 4-year low of 1.3%
      272 11 CANBERRA AFP AUSTRALIA announced yesterday that annual inflation had dropped to a four-year low of 1.3 per cent in March, a figure described by the government as a "remarkable result". The Australian Bureau of Statistics said the consumer price index (CPI) rose
      AFP  -  272 words
    • Article
      Japan wants Aussies to have bigger role in Asia
      289 11  -  ■SYDNKY %I Surinder Singh JAPAN wants Australia to have a more influential role in Asia because it feels the country may be slipping behind in the region, according to senior Japanese officials. A report in The Sydney Morning Herald yesterday, quoting
      289 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      46 11 STAPLETON GRUZMAN LAWYERS tnc D. B. Gruzman Co. Est 1959 are pleased to announce that Jeremy Lachlan Gruzman has joined the partnership and continues to accept instructions in Commercial, Insurance and general litigation. 1/154 Elizabeth Street, Sydney Australia Tel: +61 2 9264-2166 Fax: +61 2 9267-8497
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      Page 11 Advertisements Column 2
      445 11 in IBM, Netscape, Sun and Novell J this one-day event and discover why i future is written in 100% Pure Java! j're writing software for enterprise solutions, don't miss this conference! Dte speakers: Baratz, President, JavaSoft, Sun Microsystems, Inc. Mueller, Vice President, Developer Services, Novell- Wednesday, April 30 Hril'iil 9amtos.3opm
      445 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Lima celebrates as siege ends
      520 12 LIMA All 14 guerillas killed as elite forces storm Japanese envoy's residence in Lima and free all hostages Reuter PERU yesterday celebrated the storming of the besieged Japanese ambassador's home, where elite commandos freed 71 hostages and 14 Marxist rebel captors were killed after being
      Reuter; REUTER  -  520 words
    • Article
      There were hints it would soon be settled: envoy
      197 12  -  IQUIQUE, Chile By. Roñie Lim SINGAPORE'S non-resident Ambassador to Peru, Charlie Phua, said yesterday he was "not totally surprised" by the resolution of the hostage crisis in Peru as he had received indications from diplomatic circles there that it would soon
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    • Article
      Lock icon Global expansion likely to continue, says IMF
      343 12 WASHINGTON Reuter THE global economy should enjoy its fastest growth in nearly a decade this year and shows little indication of heading for trouble, the International Monetary Fund says. The World Economic Outlook report, released yesterday ahead of next week's IMF/World Bank joint
      Reuter  -  343 words
    • Article
      No sign yet that US economy is going to peak: economist
      354 12  -  SINGAPORE Lee Yoke Har THERE is no sign as yet that US economic growth is about to peak, said an HSBC James Capel economist yesterday. Keith Skeoch, the firm's director of economics strategy, reckons that US short-term rates will
      354 words
  • Page 12 Advertisements
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      52 12 r tlae road to success was bumpy enough. 1 *6n Xj s4sj < >I > M O M It, V'O'l'l'h I ii r HI'ST IX 1 II r RiL "> I i O.Mli MM" C Ml'i. iORY i 011 if 1 r .O i ATFllOin', HJ VI l\ t. \i.l.
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  • EDITORIAL & OPINION
    • Article, Illustration
      Money, money, money makes world go round
      696 13  -  THE BOTTOM LDVE OPINION By Russell Baker The writer is a columnist in The New York Times IS THERE anything left but money, the market, the bottom line and more money, plus money, money, money? Not in New York, friend In New York,
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    • Article
      IN OTHER WORDS
      172 13 'Why worry about the multimedia corridor? I'd just like to get a telephone that works all the time.' an American oil industry consultant who moved to Kuala Lumpur two years ago after living in Singapore on and off for about 12years. 'When I see the population clock,
      172 words
    • Article
      Cutting America's nose to spite China
      576 13 EDITORIAL UNITED States President Bill Clinton seems not to realise the disservice that his blow-hot-blow-cold attitude to China does to stability in this part of the world. His minatory remarks, such as the recent bluster on Hongkong, does not enhance American stature in the
      576 words
    • Article, Illustration
      Lock icon Left takes right turn
      971 13  -  Socialist and labour parties in developed countries are all taking the road back to capitalism By Seymour Martin Lipset The writer is Hazel professor of public policy at George Mason Universi% AS the British Labour Party enters the 1997 parliamentary election campaign, its leader, Tony Blair,
      REUTER  -  971 words
    • Article
      SingNet supports X2 and K56 flex
      129 13 mailbox WE REFER to the article "Modem coalition takes aim at US Robotics" by Kenneth James (BT, Apr 21). It was stated in paragraph 9 that 'SingNet has announced a strong commitment to USR's X 2 technology'. This is not correct. We would like
      129 words
    • Article
      Some facts about Tanglin Club
      222 13 I REFER to the article "A buyer's market at the clubs" (BT, Apr 19). As a long time member, I must point out the glaring discrepancies stated with regard to the Tanglin Club. The summary of facilities at selected clubs suggests that unlike the rest,
      222 words
    • Article
      WHAT THE OTHERS SAY
      593 13 US moves on Myanmar NINE months after Congress passed a law banning new American investment in Myanmar if the regime there staged a crackdown on democratic rights. President Clinton has finally, and rightly, invoked the law's provisions. With hundreds of democracy activists in jail and their
      593 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      55 13 POOHESBPRY By Garry Trudeau I ADMIT. 1 MOH YOU'&\ LKTeN, THt MAIN RBASON fWtAPHZRMLM! s HMP Rum H GOT IT ALL P WC R6ACH OUT TO MPS f$ cvcf, KN/CKKNAO& [1 HEY/U*Ws\ ~j WSU, TM td YOU'RE H LURON6.&UY! L a THAT CUE OUAW YOU 70 (2AR? BRIC-A-BRAC! B OOlNOON^BfOFF!
      55 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Ready for a rugged ride?
      984 14  -  CHRISTOPHER TAN No curb is too high for two new sport-utility vehicles from Jeep and Ssangyong. Christopher tam takes them out IT'S EASY to understand why sport-utility vehicles (SUV) have taken off so well in Europe and the Americas. Good ground clearance, superior visibility, a
      CHRIS LOH  -  984 words
    • BUMPER to BUMPER
      • Article
        The balloon party goes on
        82 14 STILL shivering from the overwhelming success of its balkxm programme for its 3161 A, BMW agent Performance Motors has put together a similar plan for its 5201 A, the first time the scheme has been extended to a mid-range luxury car. A buyer can own
        82 words
      • Article
        Opel Vectra going once...
        78 14 STA AUTOCENTRE is holding Singapore's first public auction for a new car this Saturday. In conjunction with the opening of its new showroom in Übi Close, South-east •Asia's largest Opel facility, STA will put a special edition Opel Vectra up for bidding. The car will have
        78 words
      • Article
        The Jag's just one of the other oars
        91 14 ROLLS-ROYCE and Bentley owners typically have six other top-end cars to their names, an internal survey by Rolls-Royce Motor Cars reveals. These include budget busters such as Aston Martins, Mercedes-Benz S and SL models, BMW 7 and 8-series, Jaguar VI 2s, Lexus
        91 words
      • Article
        Rolls ready far another Java
        95 14 ROLLS-ROYCE, busy with its new BMW-powered models, hopes to build a "smaller, sportier Bentley like the Java", according to its press communications department. The Java was the codename for a concept car displayed in Geneva three years ago. While it received tremendous buyer response, Rolls
        95 words
      • Article, Illustration
        The car of a Saint
        76 14 VOLVO'S new S4O and S7O ranges (and their estate versions) will be launched this week. Simon Templar's car, N the C7O coupe, will be unveiled later in the year. But for v* those who want a preview of the curvaceous 240-horsepower car, it will be
        76 words
      • Article
        Built like a t, runs like a Roll
        68 14 TALKING about Volvo6, here's some trivia on armoured r vehicles. Long before Volvo earned the reputation of being "built like a tank", the Rolls-Royce Silver Ghost (1907-1925) was actually commissioned as an armoured car during World War I. Even with heavily fortified
        68 words
      • Article
        New Merc models on the way
        119 14  -  Compiled by Christopher Tan MERCEDES-BENZ could find new buyers in the coming months. The V6-powered E-class models are due in the second half, while the CLK coupe, to be launched around mid-year, is already getting enquiries. While the Spain-made V-dass (actually a reworked minivan)
        119 words
    • Article, Illustration
      Lock icon Cannes fest marks its 50th year
      750 14 FILM Star power and gala events highlight next month's celebrations AP [PARIS] A constellation of the world's movie-makers and film stars, perhaps the most dazzling ever in one locale, will gather by the palm trees of the French Riviera next month to celebrate the
      AP; AFP  -  750 words
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      44 14 SALUT RESTAURANT 8c WINE BAR cuisine I p renc J l I*W MA THE HOUSE SPECIALTY: Panfried WBL e^ras j FOUND 8 SOMETHING? j Locate its owner through Classification 821 (Found) Simply call C.A.T.S. at 1800-737-1166 for this free service. j:atsJ Another Classified Service
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      230 15 Where to wine, dine and entertain kttp:// www.ana-kotels.com I Not just seafood either. Visit our home page and you can order tonight's dinner from our cyber selection. Browse through the menu, leave us your order and t'll he ready I to pick up before you can say 'information superhighway'. We
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      114 15 APOUO HOT6L m International Secretaries' Week 21 it April 1887 tt 26th April 1937 Z LUNA COFFEE KMTAMANI HOUSE lIDONESIAM m International Raffat RESTAURANT m Lunch Raffet Lunch Adah:t2Mß++* k4w»t.i7t.oi*** CfciHtf CkllM 15.00*♦ m 12.00 pm to 2.30 pm 12.00 pa U 2.30 pm Grand Lucky Draw Tap Prlaa 25th
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      Page 15 Advertisements Column 3
      173 15 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 an all-day selection of choice snacks.
      173 words
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      Page 15 Advertisements Column 4
      162 15 SINGAPORE BUSINESS Giving you the winning edge j SECRETARIES WKI J AT RAPHAEL Celebrate this occasion 2 at Restaurant Raphael. !L jjj Our exquisite 6-course p set lunch meal is guaranteed to be 3 UNFORCETABLE! 3 From 21-27 April 1997 qa Only at $25+++ per person. for reservations, please Li
      162 words
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      Page 15 Advertisements Column 5
      183 15 j SOUTH AFRICAN < FLAVOUR i 4 GOES CANTONESE 1 A A x <rt tA« Vopti/n© from now tl// ?1 W«iy. Enjoy Ostrich df sW, SoutA Afric*m If win# 0 South Afrtctfn Rvvue SW for onf.y for a table of 10. Vou coufj win u trip to SoutA Afrteo «rod
      183 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      820 15 TV&RAPIO rramlwß IT 9.30 Chicago Hope (See Our IL3O TV Innovations. I.^ll Choice). L3O AM Close. 2.30 PM The Winners. 10 jo News 5 Tonight. I 3.00 Money. Money, Money. u.oo Silk Stalking Partners A* 3-30 Hot Property Asia. in Crime. 12.00 NN News. 4.00 Twilight Zone. Central Park West.
      820 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      272 15 CRYPTIC CROSSWORD ACROSS —P g 1 Sight of glasses not quite full 8 For example. Leicester's trial |l^— for fleecing (5-8) 11 Trophy of battle in our times? LJ 12 Reserve of ready money, we 11 16 Remove outer skin of pickle (6) 17 Take in meaning (6) |HHH 18
      272 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      98 16 Ui Q. o UJ Q. O o o o The ability to think about old truths in a new way Z is the ultimate difference between ideas that will fade and those which will catch fire. The greater the resources, the greater the possibilities. z 3 o o o CO
      98 words
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  • COMPANIES & MARKETS
    • Article
      ROE: an alternative measure of profitability
      625 17  -  It judges how well firms use equity, but favours newer high growth firms, those in certain industries Reports by i Clarissa Tan [SINGAPORE] Singapore Airlines, Hongkong Land and the Big Four banks may be among the most profitable companies listed on the local bourse,
      625 words
    • Article
      EVA still an alien concept to many, but it's catching on
      400 17 [SINGAPORE] It's already all the rage in the US and fast winning converts in Europe, but EVA or economic value added is an accounting concept still alien to many shareholders and financial controllers here. Its proponents swear by it,
      400 words
    • Article
      Astra dispels investor fears with strong profit growth
      669 17  -  HOCK LOCK SIEW S N Vasuki PT ASTRA International has confounded the market by reporting a 27 per cent jump in net earnings to 469.44 billion rupiah (Ss2Bo million) for the year ended Dec 31, 1996. And there are bullish signs that
      669 words
    • Article
      Popular IPO priced at low 36 cents
      368 17  -  It is cheapest after Chuan Soon Huat's 35-cent offer %< Clarissa Tan [SINGAPORE] Mainboard aspirant Popular Holdings yesterday offered its shares at a low 36 cents. This is two cents lower than recent Sesdaq entrant Raffles Medical Group's offer, and only one cent
      368 words
    • Article
      Lock icon No govt directive to stabilise market: KL
      429 17 Treasury official dismisses rumours that govt told institutions to buy Bernama [KUALA LUMPUR) The government did not give any directive to institutional investors in the country to stabilise the stock market, which made substantial gains last Thursday and on Monday after its recent
      Bernama  -  429 words
    • REGIONAL COMPANIES
      • Article
        Sunright reports 6% fall in interim earnings to $4.9m
        389 18  -  Profit fall despite higher turnover attributed to move to testing new products By Ven Sreenivasan [SINGAPORE] Mainboardlisted Sunright Ltd's interim earnings fell 6 per cent to $4.9 million, from $5.2 million last year, due to a move to new products in
        389 words
      • Article
        MHE in China venture
        121 18 [SINGAPORE] Sesdaq-listed Material Handling Engineering Ltd (MHE) has signed a memorandum of understanding with Chengdu Tongfa Telecom Co Ltd (CTTCL) to form a joint venture company in China. The company will provide two-way paging services in Sichuan, China, and will also sell and service telecommunication products.
        121 words
      • Article
        Kian Ann to raise $11.4m
        134 18 [SINGAPORE) Mainboardlisted Kian Ann Engineering is proposing to raise SI 1.4 million through an issue of redeemable convertible cumulative preference shares (RCCPS). The issue, which is being lead-managed by DBS Bank, will be structured as a bought deal and offered at $1,000 for each RCCPS.
        134 words
      • Article
        Lock icon S'pore stocks set to surge: SBC Warburg
        397 18 Prices tipped to rise 15-20% over a year as current valuations are too low AFP Bloomberg [SINGAPORE) Singapore stock prices are expected to rise 15-20 per cent over the next 12 months because current valuations are too low, Swiss investment bank SBC Warburg
        AFP; Bloomberg  -  397 words
      • Article, Illustration
        Lock icon Times Publishing interim profit up 59% to $12.6m
        220 18 Bloomberg [SINGAPORE] Times Publishing Ltd, a publishing company and book seller, said fiscal first-half net profit rose 59 per cent, reflecting sales from new book shops. Times said profit for the six months ended Feb 28 rose to $12.6 million, or 10.2
        Bloomberg; FILE PHOTO  -  220 words
      • Article
        New CEO to take charge of Dairy Farm in June
        223 18 [SINGAPORE] Mainboardlisted Dairy Farm International Holdings yesterday announced the appointment of Ronald J Floto as its new CEO from June 12. Mr Floto is currently executive vice-president of Kmart Corporation and chairman of Super Kmart in the US. He will
        223 words
      • Article
        Lock icon M'sian firms line up for Aussie project
        294 18 Seven firms figure in 12 groups bidding to develop Docklands Reuter [MELBOURNE] Malaysian developers yesterday emerged as strong bidders for the right to redevelop Melbourne's waterfront. Seven Malaysian companies feature in the 12 consortiums that were declared bidders for the A 52.5 billion
        Reuter  -  294 words
      • Article
        Lock icon Thai bank to cover bad loans via sales of collateral stocks
        210 18 Reuter [BANGKOK] Thailand's troubled Bangkok Bank of Commerce plans to sell shares in five listed companies as part of its attempt to recall a portion of its bad loans, a bank official said yesterday. The shares to be sold
        Reuter  -  210 words
      • COMPANY Briefs
        • Article
          Keppel-linked firm signs $2.3m UAE deal
          71 18 [SINGAPORE] Keppel-managed Arab Heavy Industries (AHI) has signed a $2.3 million dredging agreement with the government of Ajman, in the United Arab Emirates. It will deepen a creek to allow vessels of up to 20,000 dwt to enter. The project is expected to be
          71 words
        • Article
          Insurance Corp of S'pore names director
          36 18 [SINGAPORE] The Insurance Corporation of Singapore has appointed Lim Soo Hoon as a non-executive company director. Ms Lim currently works in the public service division of the Civil Service College.
          36 words
        • Article
          Eltech forms three property units
          76 18 [SINGAPORE] Eltech Electronics has formed three subsidiaries for its property development projects. Eltech Green Pte Ltd, Eltech Park Pte Ltd and Eltech Garden Pte Ltd were formed on April 8. Eltech Green will hold the lease for land Eltech bought in Chuan Green, and Eltech
          76 words
        • Article
          Lock icon HK's Winfoong ups stake in Hong Fok
          53 18 Reuter [SINGAPORE] Hongkong's Winfoong Holding Ltd has bought an additional 1.12 million shares in Hong Fok Corp. Winfoong bought the shares in the open market at an average price of $2.78 last Monday. Winfoong now holds 6.29 per cent, or 8.58 million Hong
          Reuter  -  53 words
      • Article
        Lock icon Isetan, Saks agree on revamp plan for Barney's
        398 19 Saks to pay USs29om to acquire Barney's assets; repay USsl6sm in unsecured bonds Bloomberg [TOKYO] Saks Holdings Inc and Isetan Co, a Japanese department store chain operator, agreed on a restructuring plan for Barney's Inc which calls for Saks to put up
        Bloomberg  -  398 words
      • Article, Illustration
        Lock icon New battle in Vietnam
        40 19 [HANOI Traffic passing by a newly-opened showroom of South Korea s Samsung in Hanoi on Tuesday. South Korean electronics makers such as Samsung. Daewoo and Lucky-Goldstar present increasing competition for the previously dominant Japanese manufacturers. AFP
        AFP  -  40 words
      • Article
        Lock icon Lai Sun interim net rises 13% to HK$353m
        438 19 Bloomberg [HONGKONG! Lai Sun Development Co, the shirtmaker-turned-developer, said net profit rose 13.35 per cent to HK5352.86 million (5565.74 million) for the six months ended Dec 31, 1996. Some analysts said this was in line with expectations as the company typically sells
        Bloomberg  -  438 words
      • Article
        Lock icon City of Beijing set to list investment arm in HK
        415 19 Company to be listed holds tourism franchise for Great Wall of China FT (HONGKONG) In one of the biggest moves by a Chinese city to raise funds from investors, Beijing's municipal government will list its investment arm. which holds a
        FT  -  415 words
      • Article
        Lock icon Swire Pacific, SHK to build HK$25b apartment project
        197 19 The two firms bought a steel mill site for 5,000-flat complex Bloomberg (HONGKONG] Swire Pacific Ltd will join with Sun Hung Kai Properties Ltd to build an HK$25 billion (554.7 billion) apartment block on a steel mill site on the outskirts of
        Bloomberg  -  197 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon US stocks due for more correction: analysts
        543 20 Dow posts biggest one-day gain since 1991, but market bears warn that the worst is yet to come Bloomberg [NEW YORK) Don't be fooled by Tuesday's rally on Wall Street. The Dow Jones Industrial Average jumped 162.95. or 2.4 per cent, to 6.823.16.
        Bloomberg; REUTER  -  543 words
      • Article
        Lock icon US$488m tax refund boosts Texaco's Q1 profit
        257 20 Reuter [NEW YORK) Texaco Inc posted sharply higher firstquarter profits on Tuesday, thanks to a US$4BB million (*****.7 million) tax refund, part of a US$7OO million payback due from the Internal Revenue Service. Shell Oil said its first-quar-ter profits climbed 7 per cent
        Reuter  -  257 words
      • Article, Illustration
        Lock icon Philips' Q1 gain up 22% on consumer turnaround
        367 20 Consumer products unit reverses loss made a year ago Reuter (EINDHOVEN. Netherlands! Philips Electronics NV said yesterday first quarter ordinary net profit jumped 22 per cent to 460 million guilders (*****.6 million) as its consumer products unit swung into profit. "The first-quarter
        Reuter; S—rti Wuitin  -  367 words
      • Article
        Lock icon Intel to tell of new plants every 6 months
        204 20 Bloomberg [MOSCOW] Intel Corp said it expects to announce plans for new manufacturing or testing facilities every six months as the chipmaker moves to keep up with increasing demand. Chief operating officer Craig Barrett said the world's largest chipmaker will announce
        Bloomberg  -  204 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Stanchart earnings here up 18%
        396 21  -  Analysts reckon Stanchart's numbers put it behind Citibank and Hongkongßank Reports by! Shiv Taneja [SINGAPORE] Driven by strong retail banking operations, Standard Chartered Bank's Singapore operations posted an 18 per cent increase in net profit for the year ended Dec 31 to just under $150
        396 words
      • Article, Illustration
        Stanchart will only list in Asia if it needs cash
        725 21 Possible acquisition targets would be in area of consumer finanrpg chairman [SINGAPORE] A listing of Standard Chartered Bank's shares in Asia will only come about if the bank needs to make a major cash call, possibly for an acquisition, chairman
        725 words
      • Article
        Bond issues in Asia-Pac soar despite bad news: bankers
        377 21  -  By\ Siow Li Sen [SINGAPORE] Asian bond issuance is significantly up despite a spate of bad financial and corporate news because both demand and supply is very strong, bankers say. "The bond market is growing at an exponential rate, compared with
        377 words
      • Article
        Lock icon HK waives stamp tax on some derivatives
        168 21 AFP [HONGKONG] Hongkong yesterday announced it would refrain from imposing stamp duty on regional derivatives warrants and convertible bonds as it launched trading in the products. Rafael Hui, secretary for financial services, made the announcement at the listing ceremony for two call warrants,
        AFP  -  168 words
      • Article
        Lock icon Yamaichi credit rating under review
        156 21 Moody's cites company's negative earnings prospects AFP [TOKYO] Moody's Investors Service yesterday placed the ratings of Japan's Yamaichi Securities Co Ltd under review with negative implications, affecting US$2.l billion (Ss3 billion) of long-term debt. "Yamaichi's declining market share over the past two years and negative
        AFP  -  156 words
      • Article
        Lock icon US insurers post better than expected earnings
        523 22 Mild winter helps boost profits at Allstate, Lincoln National and Chubb Bloomberg [NEW YORK] Three large US insurers reported improved first-quarter earnings that beat analysts' expectations, as a mild winter reduced storm damage claims. Allstate said profit surged 63 per cent, led by
        Bloomberg  -  523 words
      • Article
        Lock icon Swine fever sending pork prices up
        400 22 FT [LONDON] Worldwide pig prices are rising rapidly as serious outbreaks of disease in the Netherlands and Taiwan lead to severe shortages. Retailers in the European Union are set to raise prices for pork, ham and bacon as a mass outbreak of swine fever
        FT  -  400 words
      • Article
        Lock icon Mobil investing US$60m in Pakistan
        224 22 ENERGY REPORT Reuter [KARACHI] Mobil Corp said yesterday it planned to invest US$6O million (5586.5 million) in lubricant oil and liquid petroleum gas storage, blending, distribution and marketing operations in Pakistan. Mark Green, chief executive and president of Mobil Oil Pakistan, a 100 per cent
        Reuter  -  224 words
      • Article
        Futures surge in tandem with stock market
        201 22  -  MSCITAIW AM FUTURES -By Perry Gilbert By Perry Gilbert, vice-presi-dent, Refco Singapore Pte Ltd (SINGAPORE) The Simex MSCI Taiwan Index futures moved sharply higher yesterday in response to a strong stock market which closed 146.3 points up at 8,576.9. The electronics/computer sector surged
        201 words
      • Article
        Lock icon Asian edible oils markets seen booming
        247 22 Reuter [KUALA LUMPUR) Asian vegetable oil markets are expected to post strong growth well into the next decade as the region's economy booms, experts said yesterday. Asia already contributes 44 per cent of the world's edible oils, and palm oil, its largest product, was
        Reuter  -  247 words
      • Article
        Lock icon CURRENCY REPORT
        265 22 Reuter AFP London THE US dollar traded within a narrow range at mid-day by comparison with its morning levels, while sterling slipped a bit, influenced by a CBI report. traders said. At 1235 GMT, the dollar was changing hands at 1.7143 marks against 1.7133 in the morning and
        Reuter; AFP  -  265 words
      • Article, Illustration
        Untitled
        1426 22 DfTERBAMg CROSS RATES Apr2:i A$ C$ 9mt> ECtf fir Pw fa Yen Woa M$ M2$ P«k it Hm S$ tend Sir HT$ Urt Km* US$ Australia 1.086 6.178 0.684 -4500 1.334 6.03? 27.840 18.840 0.981 6.947 1.945 U23 31.37W8J* 1124 3.458 1139 21.*****.298 0.47T 0.778 Canada 0.921 5.963 0.630 4.144
        1,426 words
    • Article
      COMMODITY PRICES
      1736 23 SICOM FUTIIMBS Apr 23 MMKI (Mvre>dMfa««alL30»a) RSS1 CONTRACTS ctntsAg) Owe VotaM Opm Wont* Mfh Low Sett (touts) Interest N* 97 153.25 250 Jun 97 154.00 850 Jul 97 155.25 155.25 155.50 100 1895 Aug 97 156.00 155.50 156.00 500 2145 Sep 97 156.25 ***** 156.75 100 1945 Od/DK
      1,736 words
    • Article
      WORLD STOCK MARKETS
      2472 23 mm MiistrWs Apr 23 >11 *h AB Ports 262 -1.400 Abbey National 817.600 10.600 Allied Dom*cq 434.400 7.400 Amec 138.400 1 Asda Group lt2 .600 BATInd 521 *1 BG Ptc 183 1.600 BKC 254 400 unch BOC Group 919.400 12 BR Pet roleum 717.400 13.400 BTR 258.400
      2,472 words
    • Article
      Lock icon TOKYO
      1667 23 AFP P Nikkei 225 +19LQ2 SHARE prices closed higher yesterday with the key Nikkei stock average enjoying a strong underlying tone, brokers said. "Recent rises clearly indicate that underlying sentiment is turning around," said a broker. "The question now is whether the Nikkei will top this year's high of
      AFP  -  1,667 words
    • Article, Illustration
      Lock icon HONGKONG
      1690 24 Reuter flj Hang Seng +126J9 STOCKS closed sharply higher yesterday, but came off the morning s peaks due to caution regarding the longerterm outlook for US and Hongkong interest rates, brokers said. "The index stopped short of the 12,800-point level because investors are not too keen on getting in
      Reuter  -  1,690 words
    • Article, Illustration
      Lock icon CHINA
      679 24 Reuter n Shenzhen B Index -L3O THE Shenzhen B share market eased yesterday as investors held back following recent sharp rises. The B index lost 1.30 points to 177.09 on turnover of HK5135.4 million. The A Index rose 4.61 points to 477.80 on turnover of 12.2 billion yuan. The
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  679 words
    • Article
      Lock icon TAIPEI
      417 24 AFP QWP Index +***** STOCKS rose yesterday as investors rushed to buy electronics and financial issues. Investors bought electronics shares ahead of the expiry of the qualifying date for dividend payouts, analysts said. The expected release of issues to the private sector by state-run banks also pushed up the
      AFP  -  417 words
    • Article
      Lock icon WELLINGTON
      272 24 Reuter 13 Wellington *170 SHARE prices firmed yesterday but failed to hold gains made early in the session on the back of Wall Street's overnight rally. The NZSE-40 Capital Index gained 3.70 points to 2,254.54. Reuter cooo) AN* Btnhinq 910 0.10 ***** Advent *9*1 Hkfcji 128 unch 6400 Air
      Reuter  -  272 words
    • Article, Illustration
      Lock icon BANGKOK
      849 24 AFP P SET Ma -137 SHARE prices fell yesterday on concerns over first quarter earnings reports as the finance ministry announced weak February export data. "Investor confidence will be destroyed further if the cash balance, current account deficit and other key economic indicators, which are due to be released
      AFP  -  849 words
    • Article
      Lock icon SEOUL
      429 24 AFP n Composite Index +5M STOCKS rose yesterday with blue chips and second liners attracting buying interest following recent sharp declines. The Composite Index gained 5.09 points at 693.05. Turnover was 34.9 million shares worth 579 billion won. Rises beat falls 489 to 293. Semiconductor makers were mixed on
      AFP  -  429 words
    • Article
      Lock icon SYDNEY
      612 24 AFP I*l AD Ordinaries +24.7 SHARE prices rallied yesterday, boosted by a surging Wall Street and the release of domestic data which showed inflation at a four-year low. The All Ordinaries Index gained 24.7 points to 2,472.3. Turnover was 389.7 million shares worth A 5804.1 million. Market leader BHP
      AFP  -  612 words
    • Article, Illustration
      Lock icon JAKARTA
      787 24 AFP Q Composite Index +sjl SHARE prices closed higher yesterday amid local speculative buying and improved sentiment among foreign investors, dealers said. "It seems to me most local people are just speculating for short term gains," a dealer said, adding that foreign buying improved but was not reflective of
      AFP  -  787 words
    • Article
      Lock icon MANILA
      357 24 AFP Manila +53J1 SHARE prices rose yesterday as investors hunted for bar gains following a downturn the previous day. The PSE Composite Index rose 53.11 points to 2.913.56. Turnover was 3.9 billion shares worth 2.6 billion pesos. PLDT rose 30 pesos to 1,570 while Petron Corp climbed 25 centavos
      AFP  -  357 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8261 25 INDUSTRIALS CMsmntr products •997 Last Vol Day Net Cap High Low Company 1H» OOO High Law PH. $mH 790 600 A|inomoto ...640 -15 1 640 640 35.4 259.4 448 300 Angkasa 320 2 92 322 318 9 5 471.8 905 670 Apollo Food Hlg 730 10 70 730 720 292.0
        8,261 words
      • Article, Illustration
        Lock icon Bank stocks lead market lower
        518 25 Bloomberg n Composite Index -10.90 STOCKS fell for a second day yesterday as bank stocks dropped on concern earnings growth will slow because of the central bank's lending curbs. "Research houses turned more cautious and downgraded Malaysia after the curbs were imposed," said a fund
        Bloomberg  -  518 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
        3882 26 BONOS, LOANS WARRANTS wt 1997 Last Vol Day Last Ouota Avg High Law St no Company Sal* tor- COOO) High Low Buyer Seller Price 68 45 m 3000 m AMDB c5.5%*****6 47.5 *1 2 55 47.5 48 5 53.5 62 41.5 3160 -Acer ******1 US$ 44 »0.5 8 44 44
        3,882 words
      • Article
        Southern Bank (F) wrt may prove rewarding if bank stocks rebound
        197 26  -  WARRANT WATCH By R Sivanithy MALAYSIAN banking stocks have had a hard time since Bank Negara announced its credit curbs earlier this month and many have fallen to levels that, by now, must be called attractive. Of those that
        197 words
    • Article
      CLOB INTERNATIONAL
      2362 26 MALAYSIAN STOCKS Cr Of 1997 Last Vol Day L«t Ouott Otv Mv YM N«t M Cap High Low Stno Company Sale COOP) High Low Buyer Setter H C'w P/E Sm« 478 330 m$5000 AISBSOc 362 *16 124 362 338 360 368 S.0 4.9 0.4 74.2 371J 137 93
      2,362 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1735 27 TURNOVER COOO) VALUE ('OOO) Main Clott TX1 Main Clt Total Industrial 48.340 20.345 68.685 139,876 35,559 175.435 Financt 6.665 4.237 10.902 86.715 7.762 94.477 HotalS 901 571 1,472 2.232 1.020 3.252 Properties 7.570 10.772 18.342 41,467 15,977 57.444 Plantation 3.793 3,793 9.219 9.219 Mininq 411 411 1.081 1,081 BL* 4.845
        1,735 words
      • Article
        Untitled
        179 28 jjka jWggi j PwRtttOc 11,522.000 1 ar)aya Ind 10.543,000 ifW 15c 6,895,000 1 fhfcllllll 5,122,000 I QjMtf US$0.10 4,211,000 Hn tap R 4,209,000 Corp 3,551,000 pNMqslOc 3.397,000 (estmort Land 3,345,000 I listed 50c 3,293,000 flLlcflrp 30.637.280 AForeign 29,874,069 &?C Foreign 26,129,368 OK Foreign 21,009,950 JMayalnd 19,077,310 fjlWISc 18,146,202 S&rrign 13,651,873
        179 words
      • Article, Illustration
        HOT STOCK
        64 28  -  -by! Shiv Taneja SINGTEL, which closed two cents lower yesterday at $2.62 on a volume of 6.9 million shares (more than three times its 10-day traded average), will see more downside in the days ahead. Despite the fact that daily and weekly RSI are well below 25, the
        64 words
      • Article, Illustration
        Negative rumours overshadow Dow's surge
        664 28  -  STOCK MARKET COMMENTARY Blue chips affected by poor market sentiment but second liners hold np surprisingly well By R Sivanithy [SINGAPORE] Once again, the local stock market yesterday displayed its selective correlation with Wall Street by shrugging off Tuesday's huge raUy in the US and
        664 words
      • ON THE GRAPEVINE
        • Article
          M1 snapping at SingTel's heels?
          123 28 WORD on the street is that Mobile One (Asia), the new competitor to Singapore Telecom in the cellular phone business, is doing a roaring business. In the 23 days it has been in operation, Ml has apparently signed up more subscribers than it has planned
          123 words
        • Article
          HSBC closing in on Citibank
          94 28 CITIBANK is still the top bank in Asia for foreign exchange. But Hongkongßank is closing in, according to the latest survey on the region's forex markets by Hongkong-based publication, Asiamoney. Last year, Hongkongßank scored 1,189.4 points with 592 mentions in the weighted league table to
          94 words
        • Article
          Capel's cocktail
          218 28 AT THE official opening of HSBC James Capel Securities (Singapore)'s office at Republic Plaza yesterday, we couldn't help but overhear some Hongkongßank's employees griping about how luxurious the Capel's office is compared to the dump they have at the bank's building at Battery Road and Ocean Building. Hongkongßank,
          218 words
        • Article
          High roller
          70 28 OUB Asset Management, which blitzkrieg-ed the market with its high decibel advertising for its Global Affluence Fund, has raised some $35 million at the end of its month-long launch period. The firm had targeted to raise this amount at the end of two months, but obviously, the combination
          70 words
        • Article
          Hong Leong Finance in loan drive
          116 28 IN AN apparent bid to push up revenues hit by flagging housing loans, Hong Leong Finance has tied up with various stockbroking houses to expand its share financing scheme. Someone has pointed out that if you go through your broker, you may obtain a
          116 words
    • Article
      MAIN BOARD
      5347 27 Trin.saction Date Apr 23] Gr Gr m Ht (997 List Vol Day Last Quote DW Dtv YM Net Cap A.g HI* Law stNo Company Sa>a COOO> Law Buyar la»> Cw Pft $m(l Prkt INDUSTRIALS 5)46 ASENT$***** US- 885 885 1275 ASF US$0.***** US885 885 M 5 175 155
      5,347 words
    • Article
      SESDAQ
      1188 27 Cr Gr M Wt 1997 Last Vol Day Last Ouote Of* Div Yld N«t Cap Avg H*h Low StNo Company Sol* COOOI High Low Buyer Seller C'vr P/E Smil Price SESOAO 186 119 e 2000 ABB Hiaqi 5c 120 cd -2 10 120 120 117 124 3.0 6.0 0.1
      1,188 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      44 17 For further information, please contact either Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 Highly Competitive Interest Rate Fast and Convenient Service y<£ The Royal Bank of Scotland pic Six Battery Road #27-01, Singapore *****9
      44 words
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      Page 18 Advertisements Column 1
      103 18 f s ,\ch» non-slop < Your Choice: 70 destinations in Europe 127 cities in 72 countries You want convenience with fast, easy connections. From Zurich, the Gateway to Europe, you can reach your European destination in time, and refreshed, for the start of a working day. Swissair believes in treating
      103 words
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      Page 19 Advertisements Column 1
      144 19 _J^■&* T" J yi*"* H r£MBH They say a car is only as good as gfifl the people who CAR Magazine jV W we have the recognising W on our team. A motoring fanatic way a motor car human fPSw at heart, Baudin has shaped Peugeot's chassis psyche." f An
      144 words
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      Page 20 Advertisements Column 1
      511 20 Urban (UMj Redevelopment Authority FOR RESIDENTIAL DEVELOPMENTS T/7 1 Draycott Park I n 11 \T~I Newton Grove Land Parcel A Land Parcel B Slated for condominium development Slated for condominium development JO Excellent location very close to **»>«<** 7 Near local shopping and eating facilities AS/ XIX ASSMMOND /y NEWTON
      511 words
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      Page 21 Advertisements Column 1
      186 21 Empower your Finance Manager. Authorise him to upgrade to Real-Time Accounting. Trust his professional judgement. He wants to do his job better. He is keen to monitor the company's financial health on an ongoing basis, as sales take place and collections come in. He has been dedicated to his job
      186 words
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      Page 21 Advertisements Column 2
      264 21 I jygp mSKMB r B m The ultimate link to a flexible source of funds that grows with sales For growing businesses, a constant and predictable Instant access to your earnings cash flow is vital And what better motivahon to improve Immediate cash advances up to 90% of invoice value
      264 words
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      Page 22 Advertisements Column 1
      46 22 Busnsiss THE SMART I ISLAND Wiring up fof the new millennium I m Available at Newsstands NTUC Supermarkets Caltex Published by Times Periodicals, member of STOP PRESS kiosks 7 Eleven Mobil Times the Bookshop Cold Storage SPC SjtlCJßporG Kinokuniya Shell •BP Ass PreSS^ mph esso Holdings
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      Page 22 Advertisements Column 2
      7 22 ♦The Simex report was not available yesterday.
      7 words
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      Page 24 Advertisements Column 1
      28 24 For real-time stock information, Scall 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.
      28 words
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      Page 25 Advertisements Column 1
      139 25 ~~Land Transport Authority Infoline— COE Bidding Results Car Registration Number Availability. Available on 1 Oth or 11 th 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
      139 words
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      Page 27 Advertisements Column 1
      74 27 H Young Parents When you want the best for your children NOW WITH JUST $50,000 GET UP TO 3.33 TIMES FINANCING. THE CITIBANK MARGIN TRADING ACCOUNT. TO TRADE IN THE WIDEST LIST OF MARGIN ABLE SECURITIES. CALL 334-7126 NOW CITIBANK B R AN II 1 S I ONI SII I
      74 words
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      Page 28 Advertisements Column 1
      332 28 •BUSINESS Notices AmL NOTICE IS HEREBY GIVEN that, I Teo Ah Wa of Blk 213, #04-509 Petir Road Singapore *****3, r 2 have applied for a Retail Liquor Shop in respect M/s B KA POA TRADING located at Blk 702 #01-88 Woodlands Drive 40 Singapore *****2, and that this application
      332 words
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      Page 28 Advertisements Column 2
      300 28 NOTICE IS HEREBY GIVEN that, I KohLiKia 0f81k333 AngMoKioAve 1 #03-1927 Singapore *****3, have applied for a Retail Liquor Shop in respect of M/s Choice of Titbits located at Blk 644 Hougang Ave 8 #01 -263 Singapore *****4, and that this application will be considered by the Liquors Licensing Board
      300 words
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      Page 28 Advertisements Column 3
      172 28 NOTICE IS HEREBY GIVEN that, I Low Tze Leong of Blk 613 Bedok Reservoir Road #02-1180 Singapore *****3, have applied for a Retail Beer Shop in respect of M/s Save Supermarket located at Blk 631 Bedok Reservoir Road #01-930 Singapore *****1, and that this application will be considered by the
      172 words
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      Page 28 Advertisements Column 4
      329 28 IN THE MATTER OF THE COMPANIES ACT, CAP. SO PURSUANT TO SECTION 290 (2) (B) AND IN THE MATTER OF TEH AND CHAN ENTERPRISE PTE LTD (Members' Voluntary Winding Up] At an Extraordinary General Meeting of the abovenamed company duly convened and held at 257 Selegie Rd •05-283 Selegie Complex.
      329 words
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      Page 28 Advertisements Column 5
      297 28 To advertise call toll-free 1800-741 1883 THE COMPANIES ACT, CAP. 50 NG CHENG BOK REALTY PTE LTD (In Liquidation) At a general meeting of NG CHENG BOK REALTY PTE LTD duly convened and held on the 21st day of April. 1997 the following special resolution was passed SPECIAL RESOLUTION That
      297 words
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      Page 28 Advertisements Column 6
      8 28 Singapore Business Giving you the winning i edge
      8 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      323 29 Reuter RATES tumbled for Panamaxes in the east, with rates for large 1990s built vessels down over US$2,OOO daily in a week and a half, brokers said. The short-term outlook remains gloomy, with too many ships chasing too few cargoes. There was a sharp fall in nearby lots
      Reuter  -  323 words
    • Article
      MARITIME STOCKS
      234 29 CWTOtatrMMn 124 OCT 39 Chuan Hk* 0.995 O.OOS 109 CMcakMMtMMt _U4 004 IT FraMttUnto 0.71 uncH 30 GAMMngi 04? mm* IS Hal Sua Hyp 0.963 MMk 2*3 H*acM2aaen 0-735 an* 43 MCMaMnga HKM Jayallillp 1.02 an* 34 Jyrona Mpyart 4-4 un* 04 KawJcarv US OJS SMI Mffaimi 4A
      234 words
    • Article
      Companies urged to use hi-tech tools to compete
      369 29  -  LOOSmCS DEVELOPMENT CONFERENCE FT and operations research wiD help in integrated logistics planning speaker By Felix Chan [SINGAPORE] Logistics companies were urged yesterday to utilise sophisticated tools involving information technology (IT) and operations research (OR) to gain a sustainable competitive edge and
      369 words
    • Article
      Lock icon FEFC calls on shippers to accept higher freight rates
      328 29 Otherwise, service quality will fall, conference warns Journal of Commerce [HAMBURG] Shipping lines operating services in the Eu-rope-Asia trades are appealing directly to shippers to accept higher freight rates. Otherwise, they warn, service levels will start to deteriorate as ocean carriers
      Journal of Commerce  -  328 words
    • Article
      Strong surge of orders in heavyweight sectors
      603 29  -  MEWBUXLDS By David Hughes THIS week's new contracts list could easily have been much longer, partly due to a noticeable increase in interest in panamax bulker newbuildings which resulted in a spate of orders for, mainly, medium sized Japanese yards. But the past
      603 words
    • Article
      Lock icon Many piracy attacks in Asia not reported, says IMB
      205 29 Reuter [LONDON] The number of recorded pirate attacks on merchant ships fell in the first quarter of 1997 but the International Maritime Bureau (1MB) cautioned that raids, particularly in Asia, were grossly under-reported and details often slow to emerge. The IMB
      Reuter  -  205 words
    • Article
      Lock icon US court cancels Cosco's lease
      161 29 AFP [BEIJING] A California court has cancelled China Ocean Shipping (Group) Co's (Cosco) controversial lease on a former US naval station, reports said here, quoting a visiting US port official. Ttie president of the Board of Harbour Commissioners of Long Beach, George Murchison, announced on
      AFP  -  161 words
    • Article
      FLEH introduces dial-in system for customers
      322 29  -  Automated system lets customers check on sUtns of cargo round-the-clock By Yong Med Fong [SINQAYORE] Spearheading another service improvement among freight forwarders here, logistics group Freight Links Express Holdings (FLEH) has introduced an automated dial-in system that allows its customers to check on the
      322 words
    • Article
      Lock icon US unions may favour APL-NOL merger: FMC official
      232 29 Reuter [HAMBURG] US maritime labour unions may accept the proposed US$B25 million (Ssl.lB billion) takeover of American carrier APL Ltd by Neptune Orient Lines (NOL), a Federal Maritime Commission (FMC) official said. "The fact they'll retain the US flag makes the move
      Reuter  -  232 words
    • PORT Shots
      • Article
        Lock icon Taiwan HK set shipping talks fot May 2
        45 29 Bridge News [TAIPEI] Taiwan's semi-official Straits Exchange Foundation said yesterday It will meet the Hongkong Shipowners Association to Hongkong on May 2 to negotiate shippings links after the colony reverts to Chinese rule on July 1. —BridgeNo/*
        Bridge News  -  45 words
      • Article
        Lock icon alla w US$100m shipbuilding orders
        67 29 Reuter [SEOUL] South Korea's fialla Engineering and Heavy Industries Co said yesterday it has won two foreign orders, worth a combined US$lBO million (*****4) million), to build five tankers. It said the orders had been received from Panama's Eastern Symphony SA and Twin Castle Shipping
        Reuter  -  67 words
      • Article
        Hanjin to launch Japan-Indon service
        68 29 (SINGAPORE] Korean line Hani in Shipping is launching a t Japan-Indonesia express service from the middle of next month. It is putting four 1,200-TEU ships on the service which will call at Tokyo. Yokohama, Osaka, Pusan, Manila and Jakarta before turning round for Manila, Hongkong
        68 words
    • Article, Illustration
      Lock icon Firms brace for upgrade costs
      699 30 AIR FREIGHT INDUSTRY: UNDER A SAFETY-ORDER CLOUD An airworthiness directive from the US government would drastically reduce the amount of freight carried on many Boeing 727 freighters until costly safety upgrades are made; it is likely to affect 321 B-727s worldwide Reuter THE air freight
      Reuter  -  699 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      271 30 PACE Eastmal S Ml EASmtl n ANL 3 la 6 AMe 4 t£S 12 i Accord 12 hw K4n 6 Ahrenkiel 4 Eurohjns 6 Appenship 5 6 Astro 3 f«nouj Austral tl Fl*W 6 Aunt k to™)*" 1 12 Ki 7 Frt World
      271 words
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      13 29 US air freight industry under safety-order cloud Firms brace for upgrade costs. Paff»2
      13 words
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      Page 29 Advertisements Column 2
      268 29 3 times more air cargo volume over next 12 years Changi airport meeting challenge. Book Pap ISM TRAINING Due to the great success of our previous courses, Bureau Veritas is scheduling another ISM Training Course and a Internal Auditor Course to assist shipowners in understanding, implementing, maintaining and effectively auditing
      268 words
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      Page 30 Advertisements Column 1
      695 30 mmmrnmm*™ SZ— u sm m TOPAZ SSWSI3 31/13 03/04 03/04 07/04 M/M MMMAMIAY IB 11/04 13/04 14/04 10/04 14/04 M/M mvmtuxtmm sowsu 07/ m 10/04 10/04 14/04 01/05 nohoi is 10/04 10/04 11/04 m/m 01/05 00/ os UMSMY 07WS1S 14/04 17/04 17/04 11/04 00/ OS OUOAIOAY IX M/ 04 17/04
      695 words
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      Page 30 Advertisements Column 2
      65 30 SCNLIM SHIPPINQ PTE. LTD. 133, Mbh Brtdg* Road, M 6-09. Chinatown Port S'por» *****1 H u SMB— *****04 Tatox RS 282 CC SENLIM WffldT KfGUUft SOVKI TO EAST/WEST K'SIA (tattphnj («mi nd (wrwhwd (vp) VBsa vor msM sau okmm pbmw pjub SIMM l/W V 4 W4 SMMM M/ 17 1/5
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      Page 30 Advertisements Column 3
      571 30 Unas services NpmnM (fMBSk«V by Msmbers ot the Registry ot Mamtoau <*•» llvjvl/ Accredited Shaping Agents. S«gapore Fright Forwarders Spore National Shipping Assoc Aaaocialion. Every TRUCKER prefers transporting the BIQ shipments, we transport from.., 20kg onwards. 41 t~"f rt 114?f i Singapore Johore Malacca r |S®SP^ r p n 9
      571 words
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      Page 31 Advertisements Column 1
      1049 31 PAQf K SOUTH WEST EXPRESS (DWICT) ALSO ACCEPTING MUNAUS vesa vot m Iswia lawnp |ux|ml| mm oo wrc m hom woo «a WIHMfWC Olg 07/04 00/04 10/04 25/04 30/04 01/0$ 01/05 02/05 02/05 01/05 01/tS 02/05 JIPIOMA 017! 14/04 ItToT 1770T w7«~ 00/05 WK~WK~ 00/05 m7K~ 07/05 W" 01/05 tflSo4G*o«f
      1,049 words
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      Page 31 Advertisements Column 2
      2066 31 ©hanjin shipping «w>n/wr i— m ww W> |tM|wi I w ni mm lain wrc |ov I rv« m|tu| ml tb hmmmm» I V M _I$Z5 '*/h u/ti u/ts m/u ~yyH m/m 11/u m/h «g p/u ii/u lu/u n/u n/u m/u n/u ■JjjggMg M/M_ 11/M_ __n/U M/U ag g/H H/M 17/U
      2,066 words
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      Page 31 Advertisements Column 3
      89 31 fApy) ORIENT EXPRESS UNES (U.K.) LIMITED 5. iS< i. (MANAGER FOR SHREYAS SHIPPING LIMITED) VB» '.wr swwtm ttmu ytssn vor iowat swmww S<NAR TQ6A 210 27/04 05/05 SINAR TOftA 209 19/04 27/04 NORDKAP 410 02/05 10/05 NORDKAP 409 25/04 02/05 tEERORT 917 11/05 18/05 LEERORT 916 04/05 11/05 SINAR TOftA
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      Page 32 Advertisements Column 1
      1440 32 <C DSR-SENATOR 18l Round the World Container Services /TO UK/CONTINENT HtOM UK/COfdttNß* Ivor sm wtm |wwIWW I fu out Lm Hvroa Ivor I uia Iwiw g J"_ JgL-te-J NMUNKAOMSIUNG WW77O ?S M 18 09 lIH 22 N SH VLADIVOSTOKSENATOR STII SB HO P* I IMMMJM SENATOA WF72I M M 22
      1,440 words
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      Page 32 Advertisements Column 2
      1202 32 I NORASIA I vesselvoy^ MSCJMMWK J7IM 2M4 3M4 IMB 1146 17/06 2MB 2MB 22*6 2MB 2MB 23J6 525 SJL™., Ell 15 oi« ns6 am um wisw vim aw mm m m n« NOR SHANGHAI 0710-3 1546 IMB 3MB WIS! 3156 OMB WW WW 11W WW WW «7W *n*i »W t»
      1,202 words
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      Page 32 Advertisements Column 3
      402 32 -rr /VO/7TRANS CONVENTIONAL SEKVKE TO THARAND AND MAIAYSIA BREAKBUUC RO/RO AND HEAVYUT AMY WBGHT THAI FLAG STATUS PRIORITY BERTHS Aik Ixjnts V.44A MPOtT 2*30/04 3642/05 Jaya Vmm V.O2A 26-21/04 25-24/04 02-03/05 30-02/05 Aik Express V.47A 05-07/05 00-04/05 11-12/05 12-14/05 Jayo V«m V.O3A 00-11/05 14-15/05 15-17/05 BOOKINGS t ENQUIRIES: m hi
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      Page 33 Advertisements Column 1
      1377 33 |VEBBML VOV BMB PQU PKQ PMN SUW MA K 1 IRAN TEYFOURi PJL-1223 20/03/97 20/03/97 31/03/97 IRAM OHEYAMAT PJL-1229 15/04/97 12/04/97 25/04/97 MAN TAKHTI PJL-1224 13/03/97 07/03/97 25/03/97 23/03/97 I IRAN TAKHTI PJL-1230 24/04/87 27/04/97 07/05/97 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAUAN. ARMENIA.
      1,377 words
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      Page 33 Advertisements Column 2
      1060 33 nun 1 IMB SMUMS Ml «m I u! »—w I ir: r SET ™iSST« SET BKK.BWMM awfciizwwoow 'owttnwwwwi towßnwwi i «»s»g/s»£j/»jHiTog>__ L I <M> irii i w 2l SL[]£l mawani/DosK mam jmm os/os ows m» muammk/wu iJ* "2 J2£| MJ va/vor u u ns-i HUAMMGHE/0211 HAM o*os 12/05 10/05 14/05
      1,060 words
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      Page 33 Advertisements Column 3
      419 33 IPRRKAPALAN DAI ZHUN jf if TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KIfCMiNG-FASTiST TtAMSfT/ MVAU-HHOUTY UKTM MO CMI MHHbMDICATID ~7 APPLE ***** 30/04 GINO ***** 70/04 GOKXK 0704 24/04 GISOON ***** 01/0S GIWI ***** 30/04 GMUAT ASI77 24/04
      419 words
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      Page 34 Advertisements Column 1
      1055 34 mm mm "8® r*nl UP RON DIM HN TUP IB LWf LNV W mm MM Z6*4 28*4 I. REWARD RW-823 28*4 16*6 21*6 17/W IMB IMS 21*6 E 600DSRE468 31» S2 1784 5* I e.mshtrw-bzb .UN 22*6 vm am nm nm nm e.sucstrmm S£ iiim iw JUL E ROUND RW-028
      1,055 words
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      Page 34 Advertisements Column 2
      1071 34 sumac wssa wtm wmijumidmuniwtui vissa votagi m m in an uii w ■I? IMOMND 045J47W 09/06 10*5 17/05 12/95 UK (MOT *****331 13/04 IVB4 14/04 IS/04 14/04 11/04 H MOON *****4W M/8S ||/W 11/05 11*5 70/05 71/05 14/05 77/K IMKOKOtt 0450 0141 70/04 70/04 71/04 77/W 7V»4 05/85 ■IU Ivcsa
      1,071 words
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      Page 34 Advertisements Column 3
      518 34 NANTAILINEj I FULLY CONTAINERISED SERVICE TO I MAURITIUS SOUTH AFRICA [vessel 1 vot |an wm wir cn Immvaus om 25/04 wn 07/05 n/i5 Ixm 0145 03/05 13/05 It/OS H/K MmiIUIWWgSS 0145 13/05 71/05 01/04 [iwmiQUta OWS H/05 31/05 04/N N/04 llmmrwQ oiss cz/ot \im ?i/n llmfuvaus m ii/ot :i/0t M>
      518 words
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      Page 35 Advertisements Column 1
      774 35 i BSA a. mm. MYANMA pBBk FIVE STAR UNE (Myaimiar National Lin*) W Loading for Yangon (Rangooa) VBSa VOY SIN PIG KN PGII PAGAN 247W $10 NPA-AN 233W Sift MALAYSIA AGENTS: lOUSTIAD SHIPPING AGENCIES KUL IH 02-03-1417)00 PKL IB 02-03-*****01 POI: TTI 02-04-2****** PGO: TO 02-07-*****21/4 BANK LINE (A f«rvk«
      774 words
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      Page 35 Advertisements Column 2
      1221 35 A HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 m ni m vma_ wr ,ML4—m [m| AW |%y« mi 1 25/04 25/04 24/04 NtWONNBS 104W 27/04 14/05 IS/05 17/05 ft/OS 17/ OS 10/05 02/05 02/05 01/05 NtIAION SO4W 04/05 21/05 22/05 24/05 14/05 14/05 17/05 09/05 09/05 10/05
      1,221 words
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      Page 35 Advertisements Column 3
      628 35 ijg FAMOUS CONTAINER UNES j/If— 80 ROBINSON R&ADjj22-02 SINGAPORE *****8 y HOT UNE: ff***** (30 UNES) FAMOUS LOGISTIC (M) SDN. BHD. (Co. no. *****P) NO. 30 LORONG GEMPENING ***** PORT KLANG, SELANGOR DARUL EHSAN MALAYSIA TEL: 603-*****33 (20 LINES) FAX: 603-*****33 (05 LINES) IJBALSEBvicr^g=> COMPREHENSIVE SAILINGS TO AND FROM PORT
      628 words
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  • Article
    SHIPPING GUIDE
    14612 36 THEBUSINESSTIMES THEBUSINESSTIMES export rTA AAMrttMr VMUI Vovmc TIIMIIOW ETA ETA AdvtfttMf Vasial Voyaga TaMpftona ETA ETA AdvartHar VMM) SIM SIN Dwfn Kama Nm N—or Mw*0r SI 04af M-» WWW -g= HHg— 5 wBowoooHRaooooooooioooooooooooooooooowoi^^^^* 2*/04 07/09 D|ak Lloyd NOL CRYSTAL V.41S *9 *****97 10/0 A 21/04 17/09 Austral CAPE
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      Page 37 Advertisements Column 1
      38 37 To retrieve more schedules, just follow these simple steps... document M?jw ill be your key in the four %jJphone number coc^e Key in your Exampto: fax number To NEW YORK (NYC) 2275 United Stam for calls within Singapore
      38 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      480 39 W**k»y ia A KL H rQPICnI SwvkM to Caribbean liHiTriHe A Cantral AiMcka H. SEOUL ISAUtOKA 184E 705N Port Country 30/04 07/05 Beliie City Belize 03/06 10/06 Bndgetown Borbodoi 06/06 13/06 Cartagena Colombia 05/06 12/06 Castries Si. Lucia 05/06 12/06 Fort de France Martinique 06/06 13/06 Freeport Bahamas 01/06 08/06
      480 words
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      Page 39 Advertisements Column 2
      1099 39 ADVANCE CONTAINER LINES (PTE) LTD A 140 CaeN Straat, #12-00, PM. BuMdng, Singapore *****0 TEL: *****21, FAX *****19, TELEX RS ***** ACLPL —S CR NO. **********0E I 1 JJUUWA 1 I vma ivctt I w iaia7aB qcq *\a /At 70/04 le fn/nTTT" (UTC2) 926 Set 29/04 Vis 03/05 Sc^ KOmanAl
      1,099 words
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      Page 39 Advertisements Column 3
      880 39 K^ib^BH **********0Z I *"1)1111 It Spj JED PSO IFH HAM RTM THP AMR »»xepevb.a vim aM* arm oono6 ia*» io*>6 21/06 22/06 am VtXEDgCApni Tin* OBW6 14/06 16/06 25/06 2M36 26*06 ag 3CW6 YMEOEUBRA L2OW gg 21/06 gg WW 02/06 (WM 0M» 0606 VUggAQUAWUS ÜBWf I*o6 MgO 30/06 0M» OBW6
      880 words
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      Page 40 Advertisements Column 1
      1135 40 pim.internationalume I T KlL H HZHZ: VESSEL VOY SIN VOY PKL nJSS> m tf, aaJ XETHA BHUM Thu lln P. Son 27AM~ BUNQA SEROWT 70*1 Thu > JAMIU (UTC 1) 4 SttSAW NANTABHUM 342N Sat 28/04 Tua 2BAM B. MAS 7548 8,1 28/04 27AM Ivm I' MT ISI ANAN BHUM
      1,135 words
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      Page 40 Advertisements Column 2
      257 40 ~IJESSELTON LINE SBr jA TUi *****33 PAXi 2231*37 I MUARA 1 I lABUAN 1 msa voy nv m vtssa voy n» ra sroti njjuu sfotf in irtO» VOM/17 24/04 2V/04 JftOSfM VOM/17 24/04 30/ M ffttOOMY VIM/17 01/05 04/05 AfttOOtY VIM/17 01/05 05/05 jnosra vim/17 05/05 00/05 jrtosm vi*/»7 05/05
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      Page 40 Advertisements Column 3
      669 40 ACCORD B SHIPPIWO PTE LTD TK j *****56 (40 Line*) PAX: *****46 FOKTMUtG (03/U/mi J DIRECT ACCESS Til: *****57 (EXPORT BOOKING) MM GUDiMC (07)ii\\W 225M67 (EXPORT DOC), *****64 (IMPOST) KMAMG WI44S URUHTTP://WWW.ACCORD.COM.SG WUUtU CD *46 07/0 *>AA.» PQKT ITA SIM POtT m SIM POET ITA SIN PONT Itt SIM (FAR
      669 words
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      Page 41 Advertisements Column 1
      495 41 SINO EXPRESS SHIPPING COLLYER QUAY #06-01 THE ARCADE iSINOTRANSI 3 (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 3INOEX SINOTRAHS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SIN ETAHKG ETA SHA G.LUCK 9710 26/04 01/05 OS7OS O.GIOfY 9712 03/05 08/05 12/05 G.WEU. 9712 10/05 15/05 ~19/05 G.LUCK 9712 17/05 22/05 26/05 SINOTRANS
      495 words
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      Page 41 Advertisements Column 2
      606 41 5 SwoSofceE)!**, (uuaiinkminSn ngLwa ((o)MM«rr ->«T:pi)«M»nr7Mom«i)»4<«2» SYDNEY/ MIIBOURMI MV "NOL CRYSTAL" V 46S ETA SIN 26-04-97 SURABAYA MV "ORIENT INDEPENDENCE" V. 2931 ETA SIN 26-04-97 .JAKARTA MV "SINAR JAVA" V. 926 ETA SIN 26-04-97 CALL BOOKING: 220-2022 MARILYN/YONG/HAMIDAH/MAS/XIUHUA com *****2 a CONSOLIDATION, WAREHOUSING, TRANSPORTATION, m HOUSEHOLD REMOVAL AND AIR CARGO
      606 words
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      Page 41 Advertisements Column 3
      153 41 ■canalP 27/04 Rdm/AtWUK/N*> I ■qaMMA 30/04 AdnVAtwAJK I ■pan FORTUNE 20/06 2V06 RdrrtfArWßm»VUK/N«i I I- Load* E7W MaiayM. IndonMW I Loading for ■a HAZER J«dclafVAQaba/EgvDtAta(y I ■SEA MASTER M Dubai/A. Dhabt/D*T*n»vKuwait I ■z KAPTANOGLU HodaidatVJaddatVAqaba/Egypt I ■sea RENOWN JaddafVAqaba I ■EVA MARIA (Xiba»/Oamman/Kawart I "Loads Snflipow, E7W. Malaya. Indonaaia I
      153 words
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      Page 42 Advertisements Column 1
      424 42 ShippingTimes -SusenessCentre 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. O Call 740-6000 in Document Code 1 i'iV 'Vif m•¥ I M y
      424 words
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      Page 42 Advertisements Column 2
      311 42 Kty in youi fax number raßßfßpßi solo Produd^Servjces Turnkey Foctory Automation System li|' Automated Storage and Retrieval System Automated Guided Vehicle System (AGV) MB of Engineering Services <:^ Pi Multi-storey warehouse: Tuos Avwlu l 3 10,000 square metres currently available (1,800 to 2,000 square metres per floor) Close to PtE/AYE/KJE
      311 words
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  • SHIPS IN PORT
    • Article
      CONVENTIONAL WHARVES
      717 43 V«sMl Voy No Bfth Arrival P6»6rt»ro MM IMy* *****7 J rW1 '"xa tkmquOt 2404/2300 H NurdtWi *****7 J01 Ham I* 24 04/0*00 It P T*tor 3*pr97 JOI WogsOt 24 04/0600 8tW 4567 0397 JOI 23 04/2300 Omtty Flow 04/97 JM *mp** 25.04/2300 Cat Sacctss 01/97 J16 MongsiOe 25.04/0900
      717 words
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      CONTAINER SCHEDULES
      1771 43 RECEIVING Of EXPORT FCl CONTAINERS AND La CARGO Booktaf/Mam kstts Ship Voy Mo EtWtr Hhot From U From I ~2%S X i%S J 24/0700 !iiw JVMoe 4 2VBM 24/MM 24/BM Uu «*<* 242S 2V0700 U 23ffW MM 1 24/0700 24/W* 4 24/1200 24/M»* 24/IM a W700 2vo*M J
      1,771 words
    • Article
      GLOBAL HOLIDAY
      190 43 Apr SB Australia: Anzac Day. Italy: Liberation Day. Zimbabwe: Good Friday. New Zealand: Anzac Day. Apr 38 Zimbabwe: Blaster Monday. Apr 2S Japan: Greenery Day. Apr 30 Netherlands: Queen's Day. M*yl Belgium: Labour Day. China: Labour Day. France: Labour Day. Malaysia: Labour Day. Norway: Labour Day. Philippines: Labour
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    • Article
      COCKETT BUNKER MARKET REPORT
      701 43 THIS report, compiled by Cockett Marine Oil Ltd. show* price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the Individual
      701 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      485 43 Cartas 180 Mai 992.5 U 16.8 O.n 71 0.00 tarn Oaasltf Watar IhMm Am UmHn iilaiH Noa8owE25 1 I S 4 0*0 380 Aw *5.6 0.5 12.7 0.07 32 0.02 < t„ M 390 Mai 995.9 7.0 17.9 0.18 81 f .07 WW »M/W %MAl mt
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      131 43 LEGCNO. R Thunderstorm T*mp*rotur. c X\ X si ww#f Weather Wind direction with sp**d in knots Roin V-/ Cloudy Sky Wov* h**ht S«rfoc* wm4i art indicated by arrow* which Hy with the wind (i) On* ful circle represents calm or light and vonoble wind* 1 On* half f(*ch* r*pr*s*nts 5
      131 words
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  • AIR&LAND TRANSPORT NEWS
    • Article
      Lock icon Australia reforms air route rights system
      238 44 Priority given to carriers operating their own services Reuter [CANBERRA] Australia yesterday announced reforms to its system for awarding international air route rights, including priority for carriers operating their own services rather than code-sharing. Transport Minister John Sharp said international air freight rights would
      Reuter  -  238 words
    • Article
      Lock icon Honda may take up Peugeot's stake in China firm
      174 44 AFP [TOKYOI Japan's Honda Motor Co Ltd is studying taking up Peugeot SA's 22 per cent stake in Guangzhou Peugeot Automobile Co following reports that the French car maker was to withdraw from the Chinese venture. "We are holding talks about
      AFP  -  174 words
    • Article
      Lock icon Boeing offers to sell 100 jets to China for US$4b
      236 44 Proposal matches similar one from rival Airbus Bloomberg [HONGKONG] Boeing Co. the world's biggest commercial plane manufacturer, offered to sell China 100 aircraft valued at about US$4 billion (555.7 billion), matching a similar proposal from rival Airbus Industrie. The Boeing
      Bloomberg  -  236 words
    • Article, Illustration
      Lock icon 3 times more air cargo volume over next 12 years
      427 44  -  Changi airport meetinf challenge: minister of state says systems, equipment most be ready too By] Marcus Hand [SINGAPORE] Over the next 12 years, air freight volume at Singapore's Changi airport is expected to treble while passenger traffic is likely to
      SAMUEL CHUA  -  427 words
    • Article
      Lock icon Unlimited liability in air accidents will not cut insurance bills
      290 44 Neither will it stop manufacturers being sued, conference told Reuter [LONDON] An international agreement aimed at removing limits on compensation for injuries in air accidents will not reduce insurance bills or stop manufacturers being sued, a leading underwriter said on
      Reuter  -  290 words
    • Article
      Lock icon Beijing's Airbus order may be delayed by French elections
      281 44 Bloomberg [BEIJING] The decision by French President Jacques Chirac to dissolve France's parliament and call elections could delay the sale of Airbus aircraft to China, an Airbus spokesman said. Airbus was planning on orders of at least 30 aircraft valued at
      Bloomberg  -  281 words
    • LOG Book
      • Article
        Lock icon Near unleses yet floots on FM air safity
        82 44 AFP 18UVA] Two recent near misses have sparked concern n about aviation safety in air space around Fiji's Nadi international airport The Civil A viatica Authority of Fiji (CAAF) said both incidents were under investigation and |4Vaa m m j 1* uH
        AFP  -  82 words
      • Article
        Lock icon American Air r pleas for terminal
        51 44 Reuter [MIAMI] American Airlines ofAMR Corp said on Tuesday It was ready to go ahead with plans to buiklanew47-gate ly. ohflfWft pftymmt ninilllgll anrt Hfiftfthytnufcrrtw V, dwtgwaiwliVivslnpiieiit jiiie«ofja>eUaWmimDP(B»l,4.< billion) project known a« the A/D Concourse. The project rj of a iivyf«r phflP rfthf airport
        Reuter  -  51 words
      • Article
        Lock icon Let to start job to May
        22 44 Bloomberg MktondrtuKtta rum&i2tg Midland will opsrata the service, but both airlines will I sharethe)otatv«tßre'scoe«i and revenue.-fltooa«A«T
        Bloomberg  -  22 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1271 44 OTT FU6HT ETA FII6HT ETD AJataMt S0230 1830 0T82 2055 W41 OIO VM740 WO QUI m NatTal ***** 2105 T6408 0t20 AmstartM KL843 0455 M9H 2300 IW5 2B0 IW)> MB 0L25 0655 012* 2355 Ho CM MM VN7« 1310 S0CT2 0930 KL837 1455 $821 2355 S0171
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    • Article
      Lock icon United Airlines proposes safely pact with partners
      253 44 Reuter [KEY BISCAYNE, Florida] UAL Corp's United Airlines hopes to strike a pact with its code-share partners that would require all the carriers to agree to certain safety standards, a top officer said on Tuesday. Edmond Soliday, United's vice-president for safety and security,
      Reuter  -  253 words
    • Article
      Lock icon All-female cockpit dew score a first
      137 44 AFP [TOKYO] A Northwest M* lines DC-10 with an all-female flight staff arrived in Osa&ron Tuesday, marking the firjf international flight by a female cockpit crew landing In Japan. f Northwest flighf departed Honolulu early otf Tuesday with a female pilot, co-pilot and engineer,
      AFP  -  137 words
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      Page 44 Advertisements Column 1
      58 44 M.V. "ORIENT KING" VOY. 20 ARID 19 AfUL 1997 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held <M the 23 April *****900-1200 hours at PT9 (NTVs Office). No further survey will be entertained thereafter. As Aftats: "K" Line Kiakai
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