The Business Times, 1 May 1997
1997-05-01
1
32
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The Business Times
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Title Section13 1997-05-01 1 THE BUSINESS TIMES MITA (P) 023/12/96 85C SINGAPORE Internet http://www.asia!.com.sg/biztimes THURSDAY, MAY 1,199713 words
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Article69 1997-05-01 1 MMJI (+14.06) W% IMB U wait (+9.16) PI BTCOMP U 2074.73 (+18.38) PI BTUQA U «7J0(+12.89) U MAMETMOOD: STOCK MAHET domces Wednesday Change KLSE COMP 1,980.17 +29.66 NIKKEI 11,161.12 +480.76 HANGSENO 12.MM0 +J0188 SCT INDEX ***** +2.70 •JAKARTA COMP __6tt.9§ +482 MANILA COMP —1*48.1? -60l27 TAIPEI WPl 8,486.6669 words
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Article73 1997-05-01 1 BOUMBI41B ust SI US» 1.446 4 1.(31 L3M DM 1*79 0.837 YEN IN 1.788 1.139 MS UN 9J7C hw ma H87 BAHT M38 0.9(6 MJPIAH IN 9.941 9.969 PIDOS BATES SINGAPORE* t44 RJAUyaiPTJR.. 9JO JAKARTA. 18.00 BANGKOK 1126 MANILA 12.50 HONGKONG J.78 TAIPEI 100 smoar too TOKYO 2J0 880UL73 words
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Article, Illustration666 1997-05-01 1 Fears rise over inflation bat some economists see hints of slower growth round the corner Reuter, Bloomberg [WASHINGTON] The US economy surged in the first quarter to its strongest gain in a decade, growing at more than double the paceReuter,; Bloomberg; Source: Bloomberg - 666 words
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Article, Illustration453 1997-05-01 1 Abdul Hadhi - By Abdul Hadhi [SINGAPORE] The Hong Leong group, which includes listed City Developments, is close to clinching the largest freehold condominium site in the Newton area with a new benchmark price of around $260-$270 million. It was only Tuesday that the453 words
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Article, Illustration50 1997-05-01 1 [TOKYO] A floor trader at the Tokyo Stock Exchange training recruits on the use of hand signals yesterday afternoon. The Nikkei-225 Index soared 480.75 points to 19,151.12 yesterday, cheered by a strong Wall Street on Tuesday and brighter prospects for Japanese exporters. See Pg 4 REUTERREUTER - 50 words
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581 1997-05-01 1 Catherine Ong - GAD, SES to conduct own investigations to see if Singapore laws are violated By i Catherine Ong [SINGAPORE] The Monetary Authority of Singapore (MAS) yesterday met US Embassy officials and pledged full cooperation to the US Securities and Exchange Commission (SEC) in its581 words
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Page 1 Advertisements
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Advertisement80 1997-05-01 1 nBBPB trtw iMM mil Financial markets seem pleased with the prospect of a Labour Party government led by Tony Blair when Britain votes today, P|< Set for sqocm Big boys, ambience and its catchment area could ensure that Robertson Quay takes off, say industry experts, Pg3 Back luck Stow G-780 words
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Advertisement346 1997-05-01 1 —W £1 \j HP Luijn S.SN ft SH* > Expandable to meet anal worfcpoup demands Designed for network shanng 12 ppm with Hft Printer Command Language 6 (PCL6) m HP LJ 4V ft 4MV* For md-votume network poritng Idea, for smal to rnid-sM VWJlkyuup 16 ppm with A3 sac printing346 words
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SINGAPORE AT HOME & ABROAD
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526 1997-05-01 2 Eddie Toh - He says Tang should not be blamed for alerting M'sian press to SM's remarks From. Eddie Toh in Kuala Lumpur MALAYSIAN Prime Minister Mahathir Mohamad yesterday expressed regret at a Straits Times article which highlighted the526 words
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404 1997-05-01 2 Application dne to statements Tang made in interview The Straits Times THE two lawyers representing Tang Liang Hong asked the High Court yesterday to allow them to stop acting as his counsel. Peter Low and Loo Ngan Chor felt it wouldThe Straits Times - 404 words
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Article, Illustration525 1997-05-01 2 Quak Hiang Whai - PM GOB'S VISIT TO CHINA Already approved are 60 ventures with USs3b investments From i Quak Hiang Whai in Nanjing OUTSTANDING projects waiting for approval in the Singapore-managed Suzhou Industrial Park should receive the go-ahead by the end of next month,CHIN POOK CHEW/ZAOBAO - 525 words
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Article, Illustration464 1997-05-01 2 Catherine Ong - foj I Catherine Ong BRITISH Telecommunications pic may bid for a cellular phone licence in Singapore where it is also taking a 20 per cent stake in a consortium tendering for the second fixedline licence. British Telecom chief executive Peter Bonfield disclosed this464 words
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259 1997-05-01 2 SINGAPORE must be alert to new dangers as the economy matures, said Prime Minister Goh Chok Tong in his May Day message. "We cannot assume that high growth and the good life will last forever," he said, citing prolonged economic difficulties259 words
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Article439 1997-05-01 2 Abdul Hadhi - 80% fall on Monday, the first day of new financing rules By. Abdul Hadhi THE number of HDB resale applications fell sharply on Monday, the day new financing rules took effect. In response to a BT query, HDB said it received 28 resale applications on April439 words
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313 1997-05-01 2 THE Ministry of Trade and Industry will announce shortly the members of the committee that will look into Singapore's economic competitiveness over the next 10 years, Deputy Prime Minister Lee Hsien Loong said last night. The committee on Singapore's competitiveness, which Prime Minister Goh313 words
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402 1997-05-01 2 Jennifer Lien - Work as nsnal even on Labour Day; bnt PCB assembly plant gets 2-day break By. Jennifer Lien SEAGATE Technology has refuted market talk that it was temporarily shutting down its disk drive assembly plant this week, clarifying that only402 words
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NEWS Roundup
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49 1997-05-01 2 SINGAPORE Power yesterday said it would be reducing electricity tariffs by 5.1 per cent, or 0.66 cents per kWh from today. SP said the rates were reduced because of foiling oil prices. The new rates will apply to the June cycle of meter readings.49 words
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Article51 1997-05-01 2 SINGAPORE Telecom's Sing Tel Mobile and Sing Tel Paging yesterday announced "above the norm" growth for new connections in April. Sing Tel Mobile added more than 30,000 new GSM connections while Sing Tel Paging signed on more than 30,000 new customers for both numeric and message paging51 words
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54 1997-05-01 2 THE Trade Development Board is organising a trade mission to Turkey and Dubai from May 1 to 12. The mission, led by TDB director of international operations Tay Thiam Peng, will comprise 10 companies. The mission coincides with the official opening ofTDß's Dubai54 words
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75 1997-05-01 2 THE Telok Ayer Transit Food Centre is being phased out and the its site will be sold by the Urban Redevelopment Authority for commercial development. The Ministry of Environment yesterday said that the food centre's 132 stallholders will have to vacate their stalls75 words
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Article48 1997-05-01 2 IN yesterday' 8 report on Flyers, we incorrectly said the fashion group plans to have 800 boutiques 0f1,500 sq ft each. What the group plans is to have boutiques ofBoo sq ft to 1,500 sq ft in size. We are sorry for the editing error.48 words
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Page 2 Advertisements
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Advertisement6 1997-05-01 2 0 MIKIMOTO The Pearts Since 18936 words
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FOCUS: PROPERTY
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Article1122 1997-05-01 3 Property transactions for districts 09 and 10 (sectors 22 to 23 and 24 to 27) lodged between Jan 10,1996and Apr 3,1997 PHOJECTNMl PROP CONTRACT TENURE 8ULTHN/ PRICE PSf STREETNMAE TYPE DATE LAMO AREA* (SOFT) (SSUOO) (SS) District 9 Aspen Ht Apt 19/3/97 999 023 1520 1148 Aspen Ht1,122 words
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Article, Illustration521 1997-05-01 3 Tan Su Yen - Big boys', ambience and its own catchment area could ensure that Robertson Quay takes off, say industry experts Tan Su Yen [SINGAPORE] THE combination of a riverside ambience and the backing of major developers is set to ensure the success of Robertson Quay521 words
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Page 3 Advertisements
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Advertisement12 1997-05-01 3 SO MANY HAPPY RETURNS. MMa r -jF*f" u 1 ,B T AIRBUS12 words
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REGION
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Article, Illustration295 1997-05-01 4 WASHINGTON Reuter HONGKONG'S future leader, Tung Chee-hwa, has pledged to protect the right to protest and vowed that no Tiananmen Square-style massacre would take place under his leadership when the British colony reverts to Chinese rule. "Demonstration is part of our culture,Reuter - 295 words
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512 1997-05-01 4 Anthony Rowley - ■TOKYO Nikkei surges 480 points on strong volume as investors' fears about financial sector recede By, Anthony Rowley TOKYO stock prices surged yesterday to their highest level since February, buoyed partly by Wall Street's strong performance on Tuesday but also by the512 words
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Article375 1997-05-01 4 S N Vasuki - JAKARTA Trading stopped briefly in Elang Realty after 30% tumble in share price By S N Vasuki THE Jakarta Stock Exchange (JSX), still reeling from the Bank Pikko affair, briefly suspended trading in another counter which witnessed unusual trading activity on Tuesday. However, the timely suspension375 words
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Article, Illustration50 1997-05-01 4 [SHANGHAI] A man enquiring about his lottery prize at one of the outlets that sell the state lottery tickets here yesterday. China hopes to tap the nation's lottery ticket addicts for about US$l.2 billion (SSI. 7 billion) a year to build and repair orphanages. AFPAFP - 50 words
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375 1997-05-01 4 Lu Ning - SINGAPORE By] Lu Ning CHINA yesterday made public its first nation wide rules on housing loans to Chinese individuals in an attempt to boost the sluggish housing sector, a move that is likely to benefit several Singapore developers with projects there. The375 words
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Article, Illustration367 1997-05-01 4 MANILA Foreign money pulled out because of rising US rates, he says AFP PRESIDENT Fidel Ramos maintained yesterday that the Philippine economy was "very sound" despite a sharp two-day decline on the Philippine Stock Exchange. Trade, finance and central bank officialsAFP; REUTER - 367 words
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365 1997-05-01 4 Loh Hui Yin - HONGKONG By] Loh Hui Yin MONEY from China will be a major factor in Hongkong's residential and commercial property markets over the next 18 months, said a report from US investment house Morgan Stanley. "Demand from Chinese buyers and occupiers will be365 words
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250 1997-05-01 4 TAIPEI Reuter TAIWAN'S Finance Minister Paul Chiu has approved a proposal to lift a ban on local trading of offshore Taiwan stockindex futures in Chicago and Singapore, a ministry official said yesterday. "As Minister Chiu had promised previously to approveReuter - 250 words
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Page 4 Advertisements
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Advertisement8 1997-05-01 4 Home Decor -For people who love their homes8 words
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REGION/WORLD
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385 1997-05-01 5 WASHINGTON Hint of compromise comes as Clinton tries to renew special authority to negotiate trade pacts Bloomberg US House Speaker Newt Gingrich said on Tuesday he's willing to consider "a middle ground" on labour and environment issues that have stalled renewal of PresidentBloomberg - 385 words
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273 1997-05-01 5 FRANKFURT Bloomberg THE Bundesbank left its full set of interest rates unchanged at historic lows, extending an eight-month rate freeze, as moderate economic growth appears to harbour no inflation dangers. At its policy-setting meeting, the central bank left its security repurchase rate, its keyBloomberg - 273 words
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Article, Illustration635 1997-05-01 5 Lu Ning - CHXMA WATCH noHglrni.nmlrtiig- winy hnwitna mora IngtfhrHntia llrnyi By Lu Ning IN A recent Newsweek cover story on alleged Chinese theft of US technologies, an accompanying chart identifies China's Ministry of National Defence (MND) as the "civilian authority" whose "powers approximate those of the Pentagon". There is635 words
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Article, Illustration327 1997-05-01 5 WASHINGTON He says conditions look good for farther rises in US stocks Bloomberg TREASURY Secretary Robert Rubin repeated on Tuesday night that the US still favours a strong dollar, and said conditions for further increases in US stock markets look "favourable". The Treasury SecretaryBloomberg - 327 words
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Article, Illustration50 1997-05-01 5 (LONDON] The original Padding ton bear which starred in dozens of BBC television programmes sitting on a pile of marmalade sandwiches in London on Tuesday. The stuffed bear will be auctioned by Sotheby's on June 3 and is expected to fetch between £6.000(S$l4,000) and £10,000. REUTERREUTER - 50 words
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381 1997-05-01 5 LONDON There are a raft of offbeat bets too from weather to turnout Reuter OPINION pollsters predict today's British election is as good as a one-horse race but gamblers are still wagering £10 million (5523.5 million) on the outcome. The opposition LabourReuter - 381 words
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331 1997-05-01 5 MANILA AFP PHILIPPINE fighter jets were sent to patrol the disputed Spratlys yesterday as the government awaited Beijing's response to its charge that armed Chinese vessels had sailed close to two Filipinoheld islands. President Fidel Ramos asserted at a press conference that theAFP - 331 words
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257 1997-05-01 5 CANBERRA Reuter A LEADING Australian conservative warned yesterday of an unprecedented right-wing revolt unless the government abolished indigenous land rights to end a dispute between farmers and Aborigines. Queensland state premier Rob Borbidge said growing opinion poll support for race rowReuter - 257 words
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Page 5 Advertisements
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Advertisement20 1997-05-01 5 Foods on the UK election, Pg 6 SALUT RESTAURANT 8c WINE BAR cuisine I p h THE NOUIC Foie Graa20 words
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Page 5 Miscellaneous
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Miscellaneous47 1997-05-01 5 POOMBSBURT By Garry Trudeau -v_. I/5 ANY^^usif&^^hioi^fY^ (saw po'US*?- i J ™g<n mm. WRS'j (i Anmic, THING.TB&fJQ > I QIVB N A™} MOMMY? 7 SHBtATim?^OH H/\~ (u*T£N. COUU? YOUTHROu/\ \7HAT yVU? JT/S/, BABY' V g Ml KB DOWN A UNB OR SCME7WH6*\ W*£UN&£R mm r=s~Aws i te^F^r |g!p47 words
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FOCUS
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Article, Illustration1788 1997-05-01 6 Nell Behrmann - Even the most optimistic Conservative campaigners are starting to concede defeat Nell Behrmann Sources: CNN, OE '97 and The GUARDIAN [LONDON] BRITAIN votes today and financial markets seem to be pleased with the prospect of a Labour Party government led by Tony Blair. TheSources: CNN, OE '97 and The GUARDIAN - 1,788 words
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1493 1997-05-01 6 The economy may be booming, but the effect is not evenly distributed NYT [LONDON] While the national averages portray a booming economy best seen in London, they obscure two other worlds within Britain where the pace of change has varied widely. There is the worldNYT - 1,493 words
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Page 7 Advertisements
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Advertisement245 1997-05-01 7 Where to wine, dine and entertain... Presei edby: ™-*****45 kttp:// www.ana-kotels.com 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 it'll be ready to pick up before you can say 'information superhighway'.245 words
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Advertisement120 1997-05-01 7 THE APOLLO HAS ©all© j FOR YOU Come and have some BALLS at the Apollo 0 at 10.00+++ per serving a accompanied with a choice of glass noodles, yellow egg noodles fish or kway teow i^ A r B nf CUTTLEFISH served in a piping hot prawn secret recipe soup.120 words
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Advertisement166 1997-05-01 7 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.166 words
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Advertisement220 1997-05-01 7 I SINGAPORE BUSINESS Giving you the winning edge ft f •Sample tender, succulent emu this May at Restaurant Raphael with our Emu Promotion. Touted as the healthier alternative to beef, we have specially prepared exciting dishes like stir-fried sliced emu with garlic and pepper with fresh market vegetables and many220 words
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Advertisement150 1997-05-01 7 SOUTH AFRICAN FLAVOUR i GOES CANTONESE «rt tAe Veptune from now tl// ?t May. Pnjoy OrtricA Ji sAes, SoutA African €1 win© anj a SoutA African Revue 9Aow for only for 4 table of to. You eou/J wfn a trip to SoutA Africa an<! Mauritius In our tucity Draw! f150 words
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Page 7 Miscellaneous
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Miscellaneous863 1997-05-01 7 TV&RADIO Premiere 12 L3S The Bin No Ac 2.00 AM Close. »iwv >„ cess/Ways and Means. 9.00 AM Meres Looking at ook Rewind. you Warner Brothers. 3.00 The Three Stooges n m NNNews Holiday Movie Special Heavenly Daze. 12.45 PM Documentary a Tale of Two Cities. 3.20 All Star Funniest863 words
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Miscellaneous279 1997-05-01 7 CRYPTIC CROSSWORD Agreed to keep in 6 Bend front section of Spitfire. for example (4) 9 Outline of hotel suite to be ren- j ovated(lO) 10 Crown came out! (4) mits magnitude (7) i 3"" """■Bl THBt6~' 15 Facial expression of one who set mi m~m-~ 16 Haunting memories of279 words
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COMPANIES & MARKETS
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Article, Illustration453 1997-05-01 8 Conrad Raj - Consortium signs deal to supply g&s worth USs3oomayearto jfnrmg bland via 480-km pipeline Conrad Raj {SINGAPORE] In one of the biggest deals with Indonesia this year, a consortium led by Sembawang Engineering Construction (Sembec) has agreed to buy US$3OO million (***** million) worth453 words
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242 1997-05-01 8 Diana Oon - By: Diana Oon [SINGAPORE] Plastics maker Showpla Asia yesterday announced two fund-raising exercises to pay for its future growth plans. One is a rights issue and the other, a secondary listing on the Osaka Securities Exchange (OSE) in Japan. The proposed one-for-one242 words
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155 1997-05-01 8 [SINGAPORE] Hotel Malaysia stands to make a pre-tax gain of $312 million if it completes the sale of Boulevard Hotel. The company yesterday granted an option to the Hong Leong Group and Khoo Teck Puat's family to buy the hotel for $410 million.155 words
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Article115 1997-05-01 8 Reuter [TAIPEI] Malaysia Airline System (MAS) is planning to buy a stake in Taiwan's Evergreen Sky Catering, a unit of the Evergreen group. "Evergreen Sky has been negotiating the deal with Malaysia Airlines and the two are about to reach an agreement on the planned purchase,"Reuter - 115 words
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660 1997-05-01 8 Neil Behrmann - HOCK LOCK SIEW Neil Behrmann AS expected, American, Japanese and German finance ministers and central bankers warned foreign exchange markets against excessive dollar optimism during their Group of Seven meeting in Washington last weekend. They stated that the US dollar's rise,660 words
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Article, Illustration357 1997-05-01 8 Eddie Toh - From Eddie Toh in Kuala Lumpur THE Malaysian government yesterday announced a hike in electricity rates, which analysts said could boost Tenaga Nasional Bhd's net earnings by more than Mssoo million (Ss2BB million). The consensus earnings forecast in the latest issue357 words
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366 1997-05-01 8 Abdul Hadhi - By. Abdul Hadhi [SINGAPORE] In a drive to improve its market share in the new competitive telecommunications environment, Sing Tel Mobile yesterday announced cheaper packages for handphones on the PCN system, touting the prices as the most affordable to date. Under the new pricing366 words
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INTERNATIONAL COMPANIES
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Article317 1997-05-01 9 Al Labita - Indon group makes one billion peso bid for control of Philippines' troubled Monte de Pied&d Frorn Al Labita in Man ila INDONESIA'S Lippo Group has offered one billion pesos (SSSS million) to resuscitate a financially hobbled thrift bank partly owned by the Roman Catholic317 words
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Article, Illustration69 1997-05-01 9 w v A JL [SYDNEY] Roy Adcock, managing director ofAminco Australia, one of four official pin-makers for the 2000 Olympic Games, holding up the prototype limited edition box of lapel pins impregnated with Australian swimming legend Dawn Fraser's DNA. The liquid DNA is mixed intoREUTER - 69 words
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333 1997-05-01 9 Analysts expect limited upside for infrastructure stock Bernama, AFN [KUALA LUMPUR) YTL Pow er International Bhd's 34.155 million shares made available to the Malaysian public through a public issue was subscribed 11.46 times. A total of 280,695 applications for 391.37 million shares wereBernama,; AFN - 333 words
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341 1997-05-01 9 FT [SAN FRANCISCO] Boeing has joined billionaires Craig McCaw, the telecoms entrepreneur, and Bill Gates, Microsoft's founder, in a US$9 billion (Ssl3 billion) venture to launch more than 300 communications satellites to blanket the globe with Internet, business and interactive media services. The aerospace groupFT - 341 words
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363 1997-05-01 9 Reuter, Bloomberg [LOS ANGELES] Software billionaire Larry Ellison said on Tuesday that he was putting off for now an attempt to gain control of troubled Apple Computer Inc. In a brief statement, Mr Ellison, who is chairman of database software maker Oracle Corp, didReuter,; Bloomberg - 363 words
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COMPANY Briefs
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Article38 1997-05-01 9 [SINGAPORE] MCL Land has taken a $140 million t five-year financing package to pay for its freehold residential and commercial Robertson Quay project. The loan is lead managed and arranged by DBS Bank.38 words
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49 1997-05-01 9 (SINGAPORE] Singapore Press Holdings subsidiary The Straits Times Press (1975) Ltd incorporated a wholly-owned subsidiary, Multimedia Investment Inc, in California on April 1. The company, which has an authorised and issued capital of US$l (551.44) will be used as an investment holding company.49 words
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55 1997-05-01 9 {SINGAPORE] Advanced Systems Automation Is proposing to raise $20 million through the issue of 10.4 million new io-cent shares at $2 each. The shares will be either placed out or subscribed. The issue, subject to SES approval, will increase the company's issued and paid-up55 words
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66 1997-05-01 9 [SINGAPORE] Times Publishing has agreed to a 50-50 joint-venture with Roadshow Entertainment Asia Pte Ltd to distribute computer software in the region. The JV will have an authorised capital of $5 million and a paid-up capital of $1.2 million. The conditional J V was66 words
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Article20 1997-05-01 9 [SINGAPORE] GPE Industries has appointed its managing director Leung Pak Chuen as vice-chairman from today.20 words
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Article193 1997-05-01 9 Reuter, Bloomberg [MANILA] Sime Darby Pilipinas Inc said yesterday it posted a net income of 95.443 million pesos (555.2 million) in the third quarter ended March. The profit figure was a turnaround from a loss of 164.848 million pesos reported in the year-ago period,Reuter,; Bloomberg - 193 words
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Article82 1997-05-01 9 AFP [SEOUL] South Korea's Ssangyong Group, compelled by snowballing debts, yesterday announced a major restructuring programme through mergers and sales of non-prof-itable subsidiaries. Ssangyong Precision Industry Co Ltd would be merged into Ssangyong Heavy Industries Co Ltd, Ssangyong Engineering Co Ltd integrated with Ssangyong Engineering Construction CoAFP - 82 words
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Article, Illustration495 1997-05-01 9 Reuter [DALLAS] International Business Machines (IBM) raised its dividend 14 per cent and announced another US$3.5 billion (555.04 billion) stock buyback plan Tuesday as chairman Louis Gerstner said he wasn't through remaking the world's largest computer maker. The dividend increase, the second by IBMReuter; FILE PHOTO - 495 words
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Article182 1997-05-01 9 [SINGAPORE] Thailand's stock market may have collapsed more than 20 per cent so far this year but further downside is highly likely, says brokerage ING-Barings. In its latest report, INGBarings notes that signs of a pick up in earnings growth have yet to come through182 words
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323 1997-05-01 9 Bat Philippine developer's earnings fall below its forecast Bloomberg tMANILA] Megaworld Properties Holdings Inc, a high-rise condominium developer, said first quarter net income rose 14 per cent to 419 million pesos (5522.9 million), falling short of the company's forecast of 500 million pesos. Megaworld'sBloomberg - 323 words
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FINANCE & COMMODITIES
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533 1997-05-01 10 Investors spooked by fears that Fed will raise rates soon; bond fluids hit by outflows Bloomberg [WASHINGTON] US equity funds are attracting new investments at the slowest pace in almost a year on concerns the stock market will fall if the FederalBloomberg - 533 words
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Article338 1997-05-01 10 SCMP [HONGKONG] The full effects of a two-year regulatory blitz on leveraged foreign exchange dealers have started to hit home, with dealers reporting profits severely undermined by stringent rules on margin requirements and keen competition from retail banks. The dealers said the once prosperousSCMP - 338 words
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254 1997-05-01 10 Reuter [HONGKONG] Hang Seng Bank said on Tuesday the mortgage business had slowed in line with falling activity in the underlying property market. "Oh yes, definitely," vicechairman and chief executive Alex Au said when asked if the mortgage business had slowed down. "I thinkReuter - 254 words
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Article216 1997-05-01 10 SOKEXFteport Reuter (SINGAPORE! Simex Kuroyen and Japanese government bond (.JGB) futures remained weak but ofT their lows in late trade yesterday after coming under pressure from surging Tokyo stocks and a weak yen. Dealers said JGBs were also hit by talk of cash bondReuter - 216 words
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192 1997-05-01 10 Perry Gilbert - MSCI TAIWAN FUTURES By Perry Gilbert (SINGAPORE) The Simex MSCI Taiwan Index futures traded lower yesterday, as the May '97 contract made its debut as the spot month. The discount to the MSCI cash index remained at around nine points for most of192 words
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212 1997-05-01 10 ENERGY REPORT Reuter (LONDON) Oil prices were stable yesterday as traders digested conflicting signals about the state of the petrol market in the United States in the run-up to the peak summer driving season. World benchmark North Sea Brent blend crude futures forReuter - 212 words
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Article, Illustration1490 1997-05-01 10 nrrEEBAMK CROSS RATES Apr :io C$ Bmt> ECU ffr Dm HK$ Ind Rs Rupiah Yen Won M$ HZ$ Pafc ts Peso S$ Rand Sfr NTS Batit Powrt USS Australia 1.093 6.178 0.692 4.557 1351 6.060 27.985 19.033 0.992 6.981 1.963 1.126 31.536 20.632 1.130 3.476 U47 21.642 20.431 0.480 0.7*21,490 words
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Article276 1997-05-01 10 Reuter. AFP London A BUOYANT dollar gave a leg up to the mark's satellites throughout the European morning. The US GDP figures gave the dollar a boost. "Even though GDP data are backward-looking this came as a surprise and the Fed will take notice," said Francis Breedon, foreignReuter.; AFP - 276 words
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229 1997-05-01 10 Bloomberg [LONDON] HSBC Americas, Inc, the US subsidiary of Lon-don-based HSBC Holdings pic, said first-quarter net income rose 33 per cent due to recent acquisitions. HSBC Americas, whose main company is Marine Midland Bank of upstate New York, said profit for theBloomberg - 229 words
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Article, Illustration66 1997-05-01 10 [PARIS] A 15-piece gold and silver coin collection dedicated to next year's Soccer World Cup tournament was launched on Tuesday by La Monnaie de Paris in association with the Mondial 98 organising committee. The coins are printed with images relating to past and present World Cups, includingAFP - 66 words
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Article303 1997-05-01 10 Bid to boost underwriting, mergers, acquisitions Bloomberg [NEW YORK] Smith Barney Inc intends to hire about 30 senior investment bankers as part of a plan to boost its underwriting and mergers and acquisitions businesses. The Travelers Group Inc unit may spend more than US$2OBloomberg - 303 words
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Article1788 1997-05-01 11 S1C0M FUTURES A//r30 RUBBER (Mures dosing as <t SJOpm) RSS1 CONTRACTS cmtsAfl) Close Volume Open north High Low Sett (tonnes) Interest May 97 153.25 250 Jun 97 154.00 725 Jul 97 156.50 155.00 155.25 75 1945 Aug 97 157.00 155.50 155.75 75 t995 Sep 97 157.50 156.00 156.501,788 words
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Article1660 1997-05-01 11 Bloomberg P»ikka22s +480.75 JAPAN'S main stock index rose 2.57 per cent on signs banks will continue to benefit from low interest rates and exporters' earnings will rise on steady US economic growth, traders said. The benchmark Nikkei 225 stock average rose 480.75 points to 19,151.12, its biggest oneday percentageBloomberg - 1,660 words
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Article2368 1997-05-01 11 LONDON Industrials *r JO N»c. 31 Group 506 -1 AS Ports 266 -.400 Abbey National 859 *9 Allied Domecq 436.400 2 Amec 142.400 2.400 Asda Group 115.400 -I •AT Ind 520.400 4 80 Pic 178 -2.400 91CC 231.400 -17 BOC Group 943.400 7 BR Petroleum 707.400 4.4002,368 words
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Article, Illustration1627 1997-05-01 12 Reuter Hang Seng +302.88 STOCKS posted their biggest point gain in more than two months yesterday after US economic data calmed fears about higher interest rates and triggered an overnight surge on Wall Street, brokers said. "Confidence has been boosted by the Dow overnight and also the long bond,"Reuter - 1,627 words
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Article, Illustration649 1997-05-01 12 Q Shenzhen B Index +0.38 SHENZHEN'S B Share Index ended marginally higher yesterday, despite poor sentiment caused by the announcement of bad 1996 results by several firms, analysts said. The index rose 0.38 points or 0.21 per cent to end at 176.27 on turnover of HK5149.9 million against Tuesday'sSource: Credit Lyonnsis Securities(Asia) Ltd - 649 words
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Article393 1997-05-01 12 AFP QWP Index -108.78 SHARE prices in Taiwan finished 1.2 per cent lower yesterday as retail investors followed institutions by selling their stock. "Following yesterday's heavy net sellings by institutional investors, retail investors also sought to reduce shareholdings," said Rex Lin of Masterlink Securities Co Ltd. The Taiwan StockAFP - 393 words
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Article273 1997-05-01 12 AFP P| Wellington +12£0 The NZSE-40 Capital Index closed 12.80 points higher at 2.261.93 bolstered by a strong close on Wall Street, low local rates and offshore buying of paper stocks. Turnover was NZ$69.l million. —AFP Mr x room ANZ Banking 920 O K) ***** Advantages HiOgs 125 unchAFP - 273 words
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Article, Illustration820 1997-05-01 12 AFP QSETlafcx +2.7* THAI share prices closed 0.4 per cent higher as late bar-gain-hunting offset selling pressure in the financial and property sectors, dealers said. Ekkapat Finance and Securities analyst Nopporn Rungchaesri said the market was dragged down as investors remained concerned about cash-strapped finance companies and the ailingAFP - 820 words
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Article412 1997-05-01 12 AFP 13 Composite laiei -Qitt SHARE prices fell slightly amid an uncertain market outlook over the planned raising of the foreign ownership limit on May 2, brokers said. "The planned foreign limit rise on May 2 may not give much of a boost to the market," a dealer said.AFP - 412 words
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Article607 1997-05-01 12 AFP F1 All Ordinaries +8J SHARE prices rose 0.4 per cent as gains made in a Wall Street-inspired rally were partially reversed by afternoon profit taking. The All Ordinaries Index gained 8.9 points to 2,488.0, well off its intraday high of 2,515.1. The All Resources Index rose 7.0 pointsAFP - 607 words
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Article, Illustration757 1997-05-01 12 AFP F1 Composite Index *182 INDONESIAN share prices closed 0.7 per cent higher on the back of mild gains in selected major stocks that were supported by gains on Wall Street, dealers said. "The sharp gain on Wall Street was one reason for boosting the index. But as farAFP - 757 words
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Article357 1997-05-01 12 AFP Q Manila -«L 27 SHARE prices fell 2.2 per cent yesterday as investors worried about a looming property glut maintained selling pressure and pushed the bourse to its lowest close in 15 months. The PSE Composite Index fell 60.27 points to 2,648.17, its lowest finish since Jan 3.AFP - 357 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration552 1997-05-01 13 Reuter 11 Composite Index +20.66 THE Malaysian government's announcement to allow Tenaga Nasional to raise its electricity rates helped power stocks to a firm finish, dealers and analysts said. The overnight jump of Wall Street stocks also provided a positive background for theReuter - 552 words
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Article8389 1997-05-01 13 INDUSTRIALS Consumer proAicts 1997 Lest Vol Day Net Cap High Lew Company Sale 'OOO High Low P/E Jmll 790 600 Ajinomoto 645 35.7 261.4 448 300 Angkasa 318 4 42 318 314 9.4 468 9 905 670 Apollo Food Hlg 695 10 61 700 690 278.0 428 189 Beriaya Ind8,389 words
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WARRANTS & OPTIONS
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190 1997-05-01 14 R Sivanithy - WARRANT WATCH Ify R Sivanithy THE recent collapse in Malaysia has sent some shares plunging to below the exercise price of their related warrants, a situation known in the industry jargon as pushing them "out-of-the-money". In previous columns, we've highlighted the190 words
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Article3593 1997-05-01 14 BOIIOS, LOANS i WARRANTS H*gl» Low StlM Company s". 0001 Hlfh Low Boy"' ""tiler Prfc! 68 45 m 3000 m AMOBc 5 5******6 47.5 47 SS 62 41.5 3160 'Acer W*****1 US$ 45.5 unch 7 45.5 45 45.5 47 3 J 3164 Acme ******4 78 -0.5 92 78.5 78 77.53,593 words
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Article2282 1997-05-01 14 MALAYSIAN STOCKS Gr Cf 1997 U«t Vol Day Last Quote Oiv Dtv Yld Net M Cop High Low Stno Company Solo COOP) High Low Buyer So«or H Cvr 478 330 ms 5000 AISBSOc 336 unch 222 336 330 338 340 5.0 4 9 0 4 68 7 3442,282 words
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STOCK EXCHANGE OF SINGAPORE
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Article1453 1997-05-01 15 TURNOVER COOO) VALUE f OOO) mia cut Tti m*m g«* r«m Industrial 38.n0 <0.699 46,799 117,867 28,059 145,926 HMnc* 6.119 6.613 12.732 71,491 22.205 93.696 HoMs 1,272 400 1.672 3.164 754 3.918 PrtXMrtxi 10.133 5,771 15,904 54.390 7.070 63.460 Plantation 971 971 2.265 2.265 MMnq 212 212 519 519 BLW1,453 words
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Article5169 1997-05-01 15 Transaction Date :Apr 3o| 6c Gf M Wt 1997 Lfttt Vol Dty Last Onot# DW Dftv YM Not Cap Avq Hmi Lew StHo Company M» COOP) Hl» Low Buyer Seller H C'vr H P/t $mil Price MDUSTRIALS 5146 ASE NT$10 200 US- 885 885 1275 ASP US$0.***** US8855,169 words
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Article1069 1997-05-01 15 laa Cr Or M Wt b -1 y«». On LartQmtd Mv IN* YM MM C4» A *9 Mt9h Low StNo ComtMAv W. COOO) HI* Lm Buyor Mtf C w P/l M Prtn 188 "5 2000 ABR MKkjl St 117 cd »2 27 117 117 H6 |t7 3.0 6.0 011,069 words
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Article, Illustration64 1997-05-01 16 Shiv Taneja - by! Shiv Taneja RENONG BHD, which closed four cents higher yesterday at $1.98 on a volume of 3.36 million shares, is a buy for investors taking a long-term view. This is borne out by the weekly RSI and Stochastic charts which are well below 25. In the short64 words
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Article232 1997-05-01 16 Stocks VollHIM SingTel 15c 6,166,000 UIC 5,669,000 HK Land US$0.10 3,517,000 •Renong Bhd 50c 3,365,000 Keppel Corp 3,130,000 Wing Tai 25c 2,960,000 Labfoy M 20c 2,740,000 •Pub Bk Foreign 2.661,000 Keppel Land 50c 2,380,000 MMI Hldqs !0c 1,968,000 Stocks DBS Foreign 25,020,993 UOB Foreign 21,379,143 City Dev 50c 21,318,778 Keppel232 words
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Article, Illustration662 1997-05-01 16 R Sivanithy - STOCK MARKET COMMENTARY One of the index's best sessions as 18 components end firmer; properly stocks stage modest recovery B}f R Sivanithy [SINGAPORE] A strong surge in bonds yesterday and US stocks on Tuesday provided the trigger for a modest recovery here662 words
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ON THE GRAPEVINE
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Article132 1997-05-01 16 ONCE upon a time, scores of weekend pilgrims would take bumboats to the island, hire bikes and pedal to the north shore to a ramshackle restaurant famed for its seafood, its kampong-style air-conditioning (an occasional hose-down of the iron roof), and its easy conviviality.132 words
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Article75 1997-05-01 16 FAITH is the 'X' factor that distinguishes one analyst from another, said an analyst. "After all, we work with the same data (most times)," he said. "Calculations and theories are rather uniform in the industry so the added value is our faith or lack of it in the75 words
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Article147 1997-05-01 16 UK FUND monitor Micropal, which has its Asian office in Hongkong, has been getting some flak from locally-based fUnd managers on various issues, ranging from alleged mis-categorisation of funds to slow updating of unit trust pricing. People in the know say some of this147 words
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Article108 1997-05-01 16 IN order to sell more, ATM vendors are making serious efforts to spruce up the machines' marketing potential and revenue-generating capability for their customers, the banks, says an article in The Asian Banker Journal. It seems that in Iceland, a bank was reported to have108 words
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Article150 1997-05-01 16 EARLIER this week, the Automobile Association of Singapore (AAS) held a dinner ceremony to present certificates to those who have become life members after having supported the AAS for 30 years. The dinner topic at most tables was "the good old days", specifically how cars were150 words
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Page 8 Advertisements
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Advertisement81 1997-05-01 8 In business good connections can make a world of difference Reach customers and business partners around the world with Singapore Connect, Singapore's most comprehensive business directory on the Internet WITH SINGAPORE CONNECT: Add information to the basic data in your company's listing Join our Partners Programme and get in touch81 words
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Page 12 Advertisements
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Advertisement28 1997-05-01 12 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 13 Advertisements
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Advertisement7 1997-05-01 13 Singapore Business Giving you the winning edge7 words
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Page 14 Advertisements
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Advertisement11 1997-05-01 14 TURN TO OUR SHIPPINGTIMiES> RAGE \4. -sJC JVLySMK -->_M^BH^^^^^BB"P9* v "J11 words
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Page 15 Advertisements
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Advertisement190 1997-05-01 15 WO ....comes to you Available at Amconics, j wish to subscribe to Wiz for: (please choose one) Method of Payment (please tick one) u FVFRY MONTH I IS: T,n^ P e ii 800k shop J One year( 12 issues) at $54 Charge to my card Visa Amex Master Diners /Wk190 words
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Advertisement10 1997-05-01 15 Young Parents When you want the best for your children10 words
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Page 16 Advertisements
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Advertisement311 1997-05-01 16 BUSINESS Notices NOTICE IS HEREBY GIVEN that, I Yeo Lian Peng of 18 Worthing Road Singapore *****2, have applied for a Beer House, First Class in respect of M/s Ting Sing Eating House located at 642 Upper Serangoon Road Singapore *****8, and that this application will be considered by the311 words
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Advertisement326 1997-05-01 16 NOTICE IS HEREBY GIVEN that, I Lim Yee Hong of Blk 86 Bedok North Street 4 #01-165 Singapore *****6, have applied for a Beer House, First Class in respect of M/s Boon Lee Eating House located at Blk 86, #01-165 Bedok North Street 4 Singapore *****6, and that this application326 words
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Advertisement143 1997-05-01 16 Kalfarm Finance Limited U.S.S 100.000,000 Floating Rate Notes due July 1999 unconditionally and irrevocably guaranteed by PT Kalbe Farma In accordance with the terms and conditions of the Notes, the rate of interest applicable for the interest period 30th April, 1997 to 31st July, 1997 is 8.***** per cent, per143 words
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Advertisement19 1997-05-01 16 To advertise call toll-free 1800-741 1883 I Singapore I I Business I I you the I I winning I19 words
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SHIPPING TIMES
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Article312 1997-05-01 17 Reuter SOUTH America was one of the few areas of the market where Panamax rates have shown a slight improvement for prompt-first half May loaders, but US Gulf activity remained slow. For days now Biffex has been testing the highs and lows within a highly fluctuating band—not tooReuter - 312 words
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Article255 1997-05-01 17 mm u w CWT Distribution—122 uncti a Oman Hup 102 *003 95 CMM kWMkMM U2 rraMNLM* 001 *0.005 162 MHoMnqs 043 -001 17 tMSvnHHp 103 ♦0.07 300 hrmmzmm a 72 *ooi no H ICS. 60 JqWltoMfcHi LOO JtMMSMpytrt 6.55 <0.05 219 KOMMCarp 6.30 *0.05 3130 *m*rnx *ooo tn255 words
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Article, Illustration375 1997-05-01 17 Felix Chan - It provides an important link for the movement of containers to and from DOT By] Felix Chan [SINGAPORE] A dedicated rail service has been launched between Dalian and Harbin, marking the first of many planned intermodal links to the Port of Singapore Authority's375 words
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251 1997-05-01 17 [LONDON] The British Chamber of Shipping (COS), which represents about 90 per cent of the UK shipping industry, will seek to further European port state controls, according to its new president. Paul Skinner said at the recent COS annual general meeting:251 words
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248 1997-05-01 17 Bernama [PETALING JAYA] Kelang Container Terminal Bhd (KCT) will invest Ms7B million (5544.85 million)this year to maintain its position as the top operator in Port Klang. Its chairman Rahmat Jamari said last week that KCT commanded a 64 per cent share of theBernama - 248 words
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Article, Illustration751 1997-05-01 17 Selva Kumar - SHIPSHAPE i By\ Selva Kumar GREGORY J Martin, the chief executive of Sydney Ports Corporation for the past one year, is probably a very lonely man. He serves the only remaining Labor state government in Australia a party which is ideologically opposed751 words
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216 1997-05-01 17 US Navy will be allowed to call at HE after Jnly 1 Reuter [WASHINGTON] The US and Chinese foreign ministers have given final approval to an agreement allowing US port calls in Hongkong after the British colony reverts to Beijing'sReuter - 216 words
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153 1997-05-01 17 Reuter [BEIJING] Exports by China's shipbuilding industry reached US$l.3 billion (Ssl.B billion) in 1996, soaring by 95 per cent compared with the year-earl ier period, the Economic Information Daily said yesterday. Export of ships reached 1.6 million tonnes, increasing by 130 per centReuter - 153 words
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Article, Illustration75 1997-05-01 17 [LONDON] The Silver Sturgeon, the largest restaurant river boat ever built, cruises up through Tower Bridge on the River Thames on Tuesday, on its way to Canary Wharf Pier, to commence her launch celebrations. The 1,000-tonne passenger cruiser, with art deco interior, state-of-the-art kitchens, open promenadeAFP - 75 words
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274 1997-05-01 17 Case is first US prosecution of its type Reuter [TAMPA, Florida] Texas shipping company has admitted to illegally pumping oily bilge water into the Atlantic Ocean in 1993 in the first US prosecution of its type. A US attorney announcedReuter - 274 words
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PORT Shots
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93 1997-05-01 17 Reuter [ZAGREB] Croatia will build 10 ships for Russian shipping Une Novoship, in another boost to the country's struggling sh ipbu lld ing industry, state news agency Hina reported on Tuesday. A visiting Novoship delegation headed by general director Leonid Loza met representativesReuter - 93 words
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104 1997-05-01 17 [TOKYO] Mitsui OSK Lines Ltd has developed an oil tanker cargo handling simulator and installed models at its Kobe training centre to train its personnel on handling the latest oil tankers in a move to prevent heavy oil spills. The company has developed two types104 words
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80 1997-05-01 17 [SINGAPORE] Maersk Line will kick off a direct service between Asia and South Africa/east coast of South America from May. The new weekly service will complement the Danish carrier's existing coverage of the east coast of South America through dedicated service from both Europe80 words
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Article, Illustration1007 1997-05-01 18 Bruce Cheesman - TAIWAN PORTS: HOPES PINNED ON CROSS-STRAIT SHIPPING Taiwan's main ports of Kaohsiung, Taichung and Keelung view the recent breakthrough in direct shipping with China as a catalyst for expansion of port facilities and setting up of special export zones. But there is no guarantee of1,007 words
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200 1997-05-01 18 DPA KAOHSIUNG harbour is losing out to other Asian ports owing to dwindling cargo volume in recent years, a government report said recently. "For years, it has been the world's No 3 container port after Singapore and Hongkong. But the gap with theDPA - 200 words
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259 1997-05-01 18 PAGE Eastmal S ACL n "Slntl 11 ANL 3 £CL 6 Able 4 "S 12 n Accord 12 Eth,opwn 6 Ahrenkiel 4 turohans 6 Appenship 5 tyw 9 feen 6 Astro 3 r JT^ Austral 11 HBtkjM 6 Avant 6 1 BtA T259 words
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Article15413 1997-05-01 24 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Oest'n Name Name Number Number SIN Dest'n Name Name Number Number 07/05 06/06 COSCO OINC HE 0175 65 *****00 A 09/05 02/06 Austral CAPE YORK V.IOS/97 65 *****22 To ABIDJAN (ABJ) 2003 10/0515,413 words
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SHIPS IN PORT
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Article678 1997-05-01 31 Vessel Voy No Berth Arrival Departuri Jmae Nrt Bt lestari *****7 J01 atonqside 01.05/1800 Eckert Olden *****3 JW alonqside 01.05/1500 Huaan 339 J06 *tongs*>» 01.05/1500 MJ«o K) J09 alonqsidt 04.05/2300 Oceanpactfic 01/97 JT5 alonqside 02 05/2300 Parisian Ira 1 JM alonqside 02 .05/1800 Om 26« 1 J03 aJonqside678 words
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Article1784 1997-05-01 31 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Boofclnq/B«l«nct Rstls Ship Voy No Etb/Btr Ptrtod From To Fro« Aa tow OtU 03/1900 a 30/1700 OVMM OVOWO 3 01/0700 OVUM OVMM 4 OVUM OVMM ovrroo MuHmm 24M 01/0700 30/15M 3MW WM a KVTTOO OVMM OI/OWO 1 01/0700 OVUM OVMOO1,784 words
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Article204 1997-05-01 31 Mayi Belgium: Labour Day. China: Labour Day. France: Labour Day. Malaysia: Labour Day. Norway: Labour Day. Philippines: Labour Day. Singapore: Labour Day. Sweden: First of May. May 3 Japan: Constitution Day. MayS Japan: Children's Day. Netherland: Ascent ion Day. Thailand: Coronation Day. United Kingdom: May Day. May 8204 words
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Article768 1997-05-01 31 THIS report, compiled by Cockett Marine OU Ltd. shows price ranges in US dollars instead of single price* 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 individual768 words
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Article378 1997-05-01 31 C«tM wo Mil 9923 u *3 0.B 71 0.08 Apr 24 Oowtty «M*r hllhi As* UnmUmm SpWaeat No above E25 t 1 4 0 0 5J5T )M «W 966.4 03 12.7 0.07 31 0.02 torn 380 Mu 995.9 73 17.9 O.W 81 0.07 "W» »W »Q»378 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration558 1997-05-01 32 Marcus Hand - Air express race in region hots up with FedEx and TNT set to open their own facilities this year From Marcus Hand fn Taipei UNITED Parcel Service (UPS) opened its US$4OO million (***** million) Asia hub at the Chiang Kai-shek airport here yesterday,558 words
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261 1997-05-01 32 [ATLANTA] UPS has reported growth in its domestic and international business for the first quarter of 1997, with express volume up per cent over 1996 levels. For the quarter ending March 31, 1997, UPS reported an average daily volume of L 783,000 express packages and261 words
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207 1997-05-01 32 Reuter [BOMBAY] Mercedes Benz India Ltd said it is doubling its production to two shifts a day, with a provision to run a third shift if necessary, to support its aggressive marketing drive India and to cater for bulk export orders. The company,Reuter - 207 words
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Article, Illustration303 1997-05-01 32 AFP [HONGKONG] Hongkong yesterday opened a billion-dollar tunnel under its famous harbour, just three days after inaugurating a record-breaking bridge in its drive to finish one of the world's biggest construction projects. The Western Harbour Tunnel, costing HK$7.5 billion (Ssl.4 billion),AFP; REUTER - 303 words
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278 1997-05-01 32 Bloomberg (SEATTLE] Boeing Co plans to form a joint venture with a group of international airlines to provide aircraft maintenance, its first move into a business that it hopes will provide it billions of dollars in new sales. Boeing will have a small partBloomberg - 278 words
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LOG Book
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Article82 1997-05-01 32 AFP [BANGKOK] Thai vehicle exports jumped 445.6 per cent year-on-year to 6,552 vehicles in the flrst three months of the year, the Federation of Thai Industries said yesterday. The value of first quarter vehicle exports increased 619.8 per cent year-on-year to 2.1 billion baht (*****.5 million),AFP - 82 words
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66 1997-05-01 32 Reuter [BRUSSELS] The European Commission has postponed plans for a revision of the rules governing the sale of take-off and landing slots at EU airports, a Commission official said on Tuesday. Plans by European Transport Commissioner Neil Kinnock to revise existing EU rules banningReuter - 66 words
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67 1997-05-01 32 Reuter [FRANKFURT] The German air travel market picked up in March with a 2 per cent growth rate over the same month last year, the German airport association ADV said. The passenger market showed a rise of 1.8 per cent in the first quarter ofReuter - 67 words
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87 1997-05-01 32 Reuter {SAO PAULOJ American Ainines and Brazilian airline TAM said they have struck a deal to form a code-sharing partnersh ip that will allow passengers to swap tickets, reservations and other services between the carriers. The companies, in a joint statement, said the partnershipReuter - 87 words
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274 1997-05-01 32 Finalists include MAS, Air France and group led by Virgin Atlantic Airways Bloomberg [JOHANNESBURG] Air France. Malaysia Airline System and a group led by Virgin Atlantic Airways are among the finalists bidding for a stake in Sun Air, South Africa's state-ownedBloomberg - 274 words
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Article128 1997-05-01 32 Reuter [AMSTERDAM] KLM Royal Dutch Airlines Cargo, Emirates and Malaysia Airline System are studying the possible development of a Dubai freight hub, a KLM Cargo spokesman said. He added that Dubai is already recognised by the Dutch airline as a very important cargo transferReuter - 128 words
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Article1667 1997-05-01 32 Cm FLIGHT ETA FLIGHT ETD CZ353 2045 AIM Dhatt CV794 2030 Hanoi VN74I UK) VN740 1410 Adelaide SO230 1830 0F82 2055 HatYal TG407 2105 TG408 0820 0F81 1930 MI895 2150 MI896 1815 Amsterdam KL843 0455 KL838 2300 Ho CM MM VH741 1310 S0172 0930 DL25 06551,667 words
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Page 17 Advertisements
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Advertisement14 1997-05-01 17 Taiwan ports pin hopes on cross strait shipping China trade fever runs high. Pm«e214 words
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Advertisement15 1997-05-01 17 UPS opens USs4oom Asia hub in Taipei First of its kind in Taiwan Back Page15 words
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Page 18 Advertisements
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Advertisement774 1997-05-01 18 iTKmt i I QULFimPIAN SUB-CONTINENT ~1 [SINGAPORE CALIFORNIA EXPRESS (PffIECT FROM WEST COAST) jGULF KARACHI EXPRESS (QKX) 1 ro* ps n«« ns is r~5 vessel \-%r\ mm mh ur —jsr~] —»r~ NEPTUNE ALEXANDRITE 30W514 07/04 10/04 10/04 14/04 01/05 KM 10/04 20/04 21/04 25/04 01/0$ 04/15 lARGSOAY 07W515 14/04 17/04774 words
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Advertisement632 1997-05-01 18 Lines services represented (s£Sk&\ "y Members otthe Registry of Members of the V Aecn**«» Shipping Agents. Singapore Fretght Forwarders S pore National Shipping Assoc Association. c SmmNGTaffisONUfffi Just talk to us... Iris Lim 740-2044 Tan Lip Chuan 740-1645 Jarrod Leong 740-2089 Philip Koh 740-2382 EXPORT 3 Jopon 2 Hongkong 1632 words
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Advertisement1081 1997-05-01 19 PACIFIC SOUTH WEST EXPRESS (DWECT) ALSO ACCEPTING MANAUS Ivcsa vor m Iswra swetp ui ml wrc «i hou hor sea Art JAMA 01SE 28/04 30/04 01/05 16/05 20/05 21/05 21/05 22/05 22/05 21/05 21/05 23/05 <rt»ORfA 01« 05/05 07/05 01/05 23/05 27/05 21/05 a/OS 29/05 29/05 21/05 21/05 30/05 mwmm1,081 words
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Advertisement2531 1997-05-01 19 I HANJIN SHIPPING USA CANADA* |UMNAU/Wff MM SM SU PDI TIW TOf Toi OTT Fm ["St MM MEM KS MTC fIS r*« TTZ TM. TTt TK H. YOKOHAMA M3I 30/04 01/ OS 22/ M M/M 23/05 2S/M K/M 27/ M 24/05 77/05 tt/OS 27/ M *****~ ~a7oT M/OS" ~M/>S~ ~m7*T2,531 words
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Advertisement1890 1997-05-01 20 <S= DSR-SENATOR IhSb Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT ttSSft VOY SIM HTM ftffV HAM FIX AWT LHA VtSSfL VOY LHA RTW IMV IHAM I RJt AMT Sm HAMBURG SENATOR WF72I 31 04 22 06 2] US 24 OS 25 OS 23 OS 2(05 ST PETERSBURG SIN1,890 words
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Advertisement1244 1997-05-01 20 I NORASIA I VESSEL VOY rSS PKL GOA LAS BCL VAL ALG ROT RIX ANT FEL LHA NOR KIEL 9717-3 OMft 23,1)5 2M15 244)5 0106 02U6 2M5 04/06 30. D 5 ***** 31/05 NOR SHANGHAI 9710-3 15/05 IS.OS 30 05 0196 31/05 0806 M/ 06 054)6 1106 ***** ***** 07/061,244 words
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Advertisement426 1997-05-01 20 |tt-/VO/?TRANS CONVENTIONAL SERVICE TO THAILAND AND MAIAYSIA BREAKBWK, RO/RO AND HEAVYUFT ANY WEIGHT THAI FLAG STATUS PRIORITY BERTHS kuo E»ym V.46A SAILED W-30/04 30-02/05 JByo V«ww V.O2A IN PORT SAILED 02-03/0S 3W2/05 Asm Express V.47A OS-07/0S 08-M/05 11-12/05 12-14/05 Jayo Vems V.O3A 09-11/05 14-15/05 15-17/05 BOOKINGS t ENQUIRIES: m fax426 words
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Page 21 Advertisements
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Advertisement1454 1997-05-01 21 [vessel voy SIM PCU PKG pen sur ba I bik NMNTEYFOUM PJL-1223 20/03/97 29/03/97 31/03/97 RAN GHEYAMAT PJL-1229 15/04/97 12/04/97 25/04/97 IRAN TAKHTI PJL-1224 13/03/97 07/03/97 20/03/97 23/03/97 IRAN TAKWTI PJL-1230 25/04/97 27/04/97 07/05/97 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I E AZARBAIJAN, ARMENIA. KAZAKHSTAN,1,454 words
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Advertisement1346 1997-05-01 21 weekly sailing to new york, ■■b J|H BAiimoftE, CNARUSTOtI. JOHORE OFFICE: I VUSTAK SHIPPING PTE LTD 117-MMSIIDG SALES/IKGS *****41/43 INWARD DIPT (D/ 0) 420S7SS COSUR AGENCIES (M) SDN BHD ■■7?MIT T H| A 1 T/SHPIXIT D£PT boss's TEL 02-07 3S3* 166\k1: 02-1^*****70 HOW ISGP Htt Ml M mo m Oft1,346 words
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Advertisement382 1997-05-01 21 AJUPERKAPALAN DAI ZHUN UM TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KUCHIMG-FASnST TKAMSIT/ MUAAA-RRIORITY BERTH /HO CHI MUHH-DIOKATID GIWIH 97*2 05/05 GTTONG 9728 06/05 GIHUAT A 51&8 03/05 GUOO 9750 06/05 GUOO 9750 06/05 GIHOCK 9706 06/05 APPLE382 words
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Advertisement1306 1997-05-01 22 EUROPtyUK/SCAWmtIAVIA/FtNLAMD/RUSSIA SGP RDM AMW HBO THP ZEE LHV LHV THP ROM ANW HBG PKL SGP E RIGHT RW-02S 06/05 22JVS 21/96 2XUS 25/05 26/05 E GUEST RE-056 06/04 06/04 07/04 09/04 11/04 04/05 06/05 E. ROUND RW-026 10/05 30/05 31/05 02/06 04/06 E GLEEFUL RE-047 14/04 16/04 15/04 17/04 11AM1,306 words
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Advertisement1048 1997-05-01 22 IX PORT vessel VOYAGE SGP DM JU AMI OMN lAN KWT Ml Vtssn VOYAGE DW NA AMJ (MM lAH SGP I ■UH CWW *****40# 01/05 11/05 11/05 11/05 20/05 71/05 It/IB 72/05 DM (OtKOtD MSO-OME 20/04 70/04 71/04 77/04 71/04 05/05 I uMCONOIT *****34* IVOS 25/05 7V05 26/05 27/ M1,048 words
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Advertisement495 1997-05-01 22 NANTAI LINE FUUY CONTAINERISED SCRWCE TO MAURITIUS SOUTH AFRICA vtssa vot SIN Irm IDW len WW QMS 03/05 13/05 11/05 22/05 NAMIAIPIBKESS QMS 13/05 21/05 01/Oi NAMUI queen 020s 22/05 31/05 04/06 01/04 BAMIAIfBIKE 01SS 02/ M 17/fr Ti/oT wcuifflM o?os 12/ot 71/ot ?s/o* Wtu 01SS 72/06 03/07 01/07 12/07495 words
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Page 23 Advertisements
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Advertisement775 1997-05-01 23 BSA jl M MYANMA wBBk FIVE STAR LINE (Myonmar National Line) Loading for Yangon (Rangoon) VKSU VOY SIN P*C KN PGU HPA-AN 233W SU) PWYA lUW 4/5 MALAYSIA AGOfTS: MUSTIAO SNIPPING AGOKKS NIL IH 02-03-*****00 PKL IE 02-03-*****01 PIN: TH 02-04-*****02 PGO; Til 02-07-2J*****/4 BANK LINE (A strvk* of Andrew775 words
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Advertisement1239 1997-05-01 23 HYUNDAI MERCHANT MARINE CO. LIP. WESTBOUND TO EUROPE BKG: *****32 Ptt- mi rcp "KStl WT I SRI I UN I HR I ANT I HAA I Htlt I Kl I 25/04 25/04 24/04 NY. WGMWSS 104W 27/04 14/05 IS/0S 17/0S 17/0S 17/05 20/05 02/05 02/05 03/05 HYIARON 304W 04/05 21/051,239 words
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Advertisement654 1997-05-01 23 rip FAMOUS CONTAINER LINES JJF 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 y HOT UNE: *****33 (30 UNES) FAMOUS LOGISTIC (M) SDN. BHD. (Co. no. *****P) NO. 30 LORONG CEMPENING ***** PORT KLANG, SELANGOR DARUL EHSAN MALAYSIA TEL: 603-*****33 (20 LINES) FAX: 603-*****33 (05 LINES) COMPREHENSIVE SAILINGS TO AND FROM PORT654 words
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Page 25 Advertisements
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Advertisement42 1997-05-01 25 To retrieve more schedules, just follow these simple steps... document ial 740-6000^^^^^^ p the port \Enteryour Step key in the four number digit code Key in your Exampte: r~i—, fax number To NEW YORK (NYC) 2275 for calls within Singapore UflitOd StQtOS42 words
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Page 27 Advertisements
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Advertisement487 1997-05-01 27 T W««kly LCL FCL If PADIOgI Servkes to Caribbean m 1 r pi no S Control Amorka Si AURORA H.KUNSAN 705N 145E Port Country 07/05 14/05 Belize City Belize 10/06 17/06 Bridgetown Barbados 13/06 20/06 Cartagena Colombia 12/06 19/06 Castries St Lucia 12/06 19/06 Fort de France Martinique 13/06 20/06487 words
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Advertisement1170 1997-05-01 27 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Cecil Street #12-00. PIL Building. Singapore *****0 LZ TEL: *****21. FAX: *****19, TELEX :RS ***** ACLPL CR NO. **********06 RANOKOR JAKARTA (5 SiilingjAVtek to PAT. 3 Sailing* lo MIT. 2 Sailings to LCH) (4 Si.lmQ»/W#a» i ——pgj 1— w w*fcri VOY SIN1,170 words
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Advertisement802 1997-05-01 27 **********0Z VESSELS VOY SIN JED PSO 1 LEH HAM RTM THP ANR VKXE DE CAPELLA T2OW O&'Q6 14/06 16/06 2V06 26/06 28/06 29/06 30/06 VH-LE DC ÜBRA L2OW 11/06 20/06 22/06 31/06 01/06 03/06 04/06 06/06 VILLE D'AQUARIUS U2OW 18*06 28/06 30/06 06/06 09/06 11/06 12/06 13/06 VK-LE D'AQCWLA A2OW802 words
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Advertisement140 1997-05-01 27 /^INORBUu2\ I NORBULK CARGO SERVICES LTD I I REGULAR CONVENTIONAL I TIMBER AND PLYWOOO SERVICES I NOMUUW2OO IS/OS 20/05 FUI/AMS/ANT/UK I OJNTOMK 20/05 COIOMK>/KDSUPOtT I ALSO LOADS SABAH/SARAWAMNOO PORTS GAUAWn 10/05 JKT/MUAUW I EAS INTERNATIONAL SHIPPING PTE LTD MAS INTERNATIONAL TRANSPORTATION (S'PORE) PTE LTD AFFILIATED TO EAS INTERNATIONAL TRANSPORTATION LTDOiINA140 words
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Page 28 Advertisements
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Advertisement1190 1997-05-01 28 [{D PUL INTERNATIONAL LINE PL/i. INTERNATIONAL ■AHQKOK PT KKLAWO Wr--VESSEL VOY SIN BKK VESSEL VOY iiS PKL lUiMß»lp<i iiaillil XETHABHUM IMH THu In Pt Sun 04/QS BUNGA SEROJA 7097 Thu |In Pt Fri 02/05 IffffrffT* pftf I) iq«/M NANTA BHUM 343N Sat (XVOS Tue 06/05 JAflu BHUM 7333 Sat 03/061,190 words
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Advertisement323 1997-05-01 28 #09-00 NEHSONS BUILDING 24 PECK SEAH STREET SINGAPORE *****4 BOOKMCWENQUNUES CR NOs **********010 TEL: 323 1133 FAX: 221 4053/56/58 TLX: R*****0/***** FSSHIP vcsa vot sum sjnfto mstmahon SUNROU 12/97 07/05 09/05 rUN/NfiBABG SUNJAYA 1/17 04/05 01/05 rOKTUJM/SJMrm EASTBM G10(Y 4/97 08/05 10/05 88HUUI/fM>ANG SUN UY 7/97 MKKI 07/05 IAJtAIU/ftDANG GULF323 words
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Advertisement216 1997-05-01 28 BINTANG MAS SHIPPING PTE. LTD. 38 NEIL ROAD, SMGAPORE 0206 TEL *****68 FAX *****64 TLX: R*****6 SIMMER CR No: **********0W Recejwng Cargo at PTI la vgr s. j W7OK 10 11 ''05 11/05 (HWOS OT/05 Mray rwl fr/lm WW 05 iyos NOOK 00QMG I MM 1 SSI BI I as216 words
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Advertisement644 1997-05-01 28 j| ACCORD A SHIPPING PTE LTD m *****56 (40 Lines) FAX *****46 (WRUNG (03) U7 1001 mi Wk W«fO ACCESS m *****57 (EXPORT BOOKING) MS* CUDAMC 107) 351 1377 *****87 (EXPOUT DOC), *****64 (lAMKXTT) HMAMG (04) *****40 ÜBUHTTP;//WWW.ACCOSD.COM.SG man (********** PORT tTI SiM *°ET CTA SIN POtT m tIM POtT644 words
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Page 29 Advertisements
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Advertisement662 1997-05-01 29 OSINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE fSINOTRANSI S (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SIN ETAHKG ETA SHA I 0. GLORY 9712 03/05 08/05 12/05 G. WELL 9712 10/05 15/05 19/05 G. LUCK 9712 17/05 22/05 26/05 YET662 words
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Advertisement429 1997-05-01 29 Imjfcß MAC-NELS S'PORE M'SIA I Carrier MN CONTR LINES, INC l-IV/VJ cm NOi *****7MQ0M 9BU: (OM)*****8 MAMLA: (632) *****61 PENANG: (04) *****6 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 EX PORT KELANG TO HONGKONG MV "CHOYANG PROGRESS" V. 718N ETAPKG 11-5-97429 words
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Advertisement357 1997-05-01 29 I S pore P Ketang Loabr>g For ■GAMMA 30/04 Rdm/Atw/UK I PAN FORTUNE 2CVOS 25/05 RdnVAtw/BmnAJK/Nai I Loads EVW Malaysia. Indonesia I ■z. KAPTANOGLU Hodetdah/Jeddah/Aqaba/Egypt I ■SEA RENOWN Hodeidah/Jeddah/Aqaba I ■EVA MARIA Dubai/Doha/Bahram/Damman/KuweMt I Dubai/Damman/Kuwait I "Loads Singapore. EVW Malaysia, Indonesia I Loading for ■OCEAN HOST Los Angeles/New OrtearVChartestorV I357 words
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Page 30 Advertisements
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Advertisement394 1997-05-01 30 Shipping Times -BUSINESSCENTRE 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. IH 23rd ttSi JB Oriental Hotel I 1997's Premier Event For Port394 words
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Advertisement289 1997-05-01 30 8016; Products^Services Turnkey Factory Automation System Automated Guided Vehicle System (AGV) BS. :^(f^ > f Engineering Services I r i Bitmm I SHkk* I wii Jm I Multi-storey warehouse: Tw»Avw»l3 I P. 10,000 square metres currently available (1,800 to 2,000 square metres per floor) I Close to PIE/AYE/KJE Second Link289 words
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Page 31 Miscellaneous
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Miscellaneous130 1997-05-01 31 LEGEND: R Thunderstorm Temperature «> c A\ V Shower Weather _X Wmd direction with speed in knots Rwn w. Cloudy Sky Wovehe^jht Serfoce winds ore indicoted by orrows which tty with the wind Cl) On* tn circle represents calm of light and variable winds J—_ One half Heche represents 5130 words
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