The Business Times, 16 May 1997
1997-05-16
1
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The Business Times
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Title Section13 1997-05-16 1 THE BUSINESS TIMES *«TA (P) 023/12/96 85€ SINGAPORE Internet http://www.aslal.com.sg/biztimes FRIDAY, MAY 16,199713 words
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Article18 1997-05-16 1 s TOHD -1M a»ar* um umput' i i .ant.--at bONBM IN Mt 'i jiff (Source: NatWest Bank)18 words
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Article, Illustration533 1997-05-16 1 S N Vasuki - MeveaeenasHdto finiah project ahead of WTO rating in 1999 From S N Vasuki in Jakarta THE Indonesian government is planning to accelerate the controversial national car project by roping in two leading domestic automakers, PT Astra International and PT Indomobil.AFP - 533 words
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Article, Illustration535 1997-05-16 1 R Sivanithy - Thai aid KL markets hardest hit as ■ii I—l— nil haht sparks heavy selling By R Sivanithy [SINGAPORE] Regional stocks yesterday came under heavy attack by speculators preying on worries that Thailand's shafct. financial position could m A repeat of the Mexican crisis twoARTHUR LEE; Source: Bloomberg - 535 words
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Article44 1997-05-16 1 Bloomberg [NEW YORK] US stocks rebounded in early afternoon trade from an earlier loss as reports of weaker-than-expec-ted manufacturing activity and a decline in wages boosted bonds. By lpm EOT, the Dow was up 17.72 points at 7303.88.Bloomberg - 44 words
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544 1997-05-16 1 Larry Wee, Harish Mehta - Tfcaiarftrecfrers, bat analysts say Hattk may not be over By Larry Wee, Harish Mehta in Bangkok [SINGAPORE] The Bank of Thailand (BOT) and its Asian central bank partners emerged the clear victors yesterday in the battle to defend the baht but analysts say544 words
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Page 1 Advertisements
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Advertisement57 1997-05-16 1 P 1 1 111 mfj Adte^Lprovoking S52£fS^^ nviviul *iwSi2; f SIA sfaaree h«v» bten trafci# fai a g <rf between *J0 art S7.6(*V iii Star* prk* dk»«l at 90 c®w» yoaliif day, 78% atwre IPO prk» of 51 cents frPitcoupt«LWl»nOP tradlifttumm OOMIHHBBHi SINGAPORE 2,3 ADVERTISING 5 masia i WORLDS. is57 words
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Advertisement46 1997-05-16 1 MORE REPORTS, Pg 4 Hedge bam4m bane or boon? BOTwIm the day, but what will happen next? Rwphih, pan, rtaggtt 4k yem How they fared ,*o TAGHeuer Hfjifti v w tgif <+■+** ..-> J? > »r SUCCESS. I C A I MIND. V/" ."X. 1 GAME. I j NfVVSFL46 words
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SINGAPORE AT HOME & ABROAD
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493 1997-05-16 2 Audrey Tan - Industry welcomes move but says labour shortage, high costs still not solved By i Audrey Tan THE Ministry of Labour yesterday announced changes in the foreign worker levy scheme for the manufacturing sector that will lower costs for one in five493 words
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Article, Illustration57 1997-05-16 2 [SINGAPORE] The building looks familiar but the namedoesn't ring a bell. Well, that's because the Treasury Building at Shenton Way was recently renamed Temasek Tower. A landmark in thefinancial district, it now awaits a new look as it will be renovated by ownerARTHUR LEE - 57 words
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664 1997-05-16 2 Larry Wee - 8 teams join SES investment race for Com Chest's benefit By) Larry Wee FUND managers here have once again signed up to do their bit for charity. Bight teams have so far confirmed taking part in this year's SES Charity Investment Race where they664 words
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272 1997-05-16 2 Soh Tiang Keng - Group to focus on property, casualty, catastrophic risks By\ Soh Tiang Keng LONDON-BASED CNA Reinsurance yesterday opened its first Asian office in Singapore. The Singapore branch will serve as the regional base for the company's operations in the Asian region ex-Japan. The272 words
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Article, Illustration333 1997-05-16 2 Shiv Taneja - EYE ON THE ECONOMY Finance By\ Shiv Taneja OVERALL bank loan growth slowed somewhat to 14.4 per cent In March, bringing the first-quarter rate to 14.7 per cent, latest figures from the Monetary Authority of Singapore show. After* 16.5 per cent average last year, totalSource: MAS - 333 words
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229 1997-05-16 2 COMPAQ Computer Corp will be targetting the low-end of the computer market in Asia to expand its consumer base. Richard Snyder, a senior vice-president of Compaq, said this at the opening erf the Compaq Solutions Centre here yesterday. According to Mr Snyder, who229 words
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Article, Illustration449 1997-05-16 3 Christopher Tan - Group set to offer the at prices lower than first batch Byi Christopher Tan SINGAPORE could soon have a new import from India Mercedes-Benzes. Under a bumper new deal, Cycle Carriage Ltd (CCL) is set to offer taxi companies the German marque at a whopping449 words
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491 1997-05-16 3 Ang Wan May - Petrel kiosks offer forms for US tours on instalment pay plan By, Ang Wan May A PIONEERING tie-up between tour operator Ken-Air and petrol company Esso to sell tour packages has had travel agencies scrambling to follow suit Customers driving into any491 words
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190 1997-05-16 3 TWO property soft-launches kick off this week Wednesday saw Buk it Sembawang Estates' landed St Nicholas View project, while Hong Leong group's The Hillside condominium opens today. Prices start at $1.13 million for units at St Nicholas View at Ang Mo Kio Avenue 2/Sembawang Hills190 words
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232 1997-05-16 3 Jennifer Lien - Plant will make devices for IT and telecems predicts By, Jennifer Lien SIEMENS Matsushita Components is investing over $50 million in a new component R&D and manufacturing facility in Singapore. The company said yesterday that the 6,000 aq m plant would design and232 words
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148 1997-05-16 3 TEXTILE dealers are getting a helping hand to computerise their business operations. The? Singapore Textile Dealers 0 Friendly Association (STDFA) has launched a computerisation programme for its members, jointly organised with' the Singapore Chinese Cham-. 1 ber of Commerce (SCCCI). The association conducted148 words
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Page 2 Advertisements
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Advertisement192 1997-05-16 2 -f- <•> :9 f Ais said; w WUH' "There is NO ESCAPE ,<\ from the M«'ti |n e lio Super Corridor" [ISSK^BE! jjBBB ~9* G OP oOO^^ I s aaQ.OO®' I of Locatiooal Centre of 6fovity revoiutionisea the Xlproperty marie!. fiT-l «*«rd Ail" Akqj, executive iredor thief operating oHk»f of192 words
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Page 3 Advertisements
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Advertisement50 1997-05-16 3 X 3^®- W jk MK i i\ Mr*jtfT* lidLM Jp |i i 111 f tgg^k LE TEMPS CHANEL THE MADEMOISELLE COLLECTION 18 KARAT GOLD CULTURED PEARLS SWISS CRAFTSMANSHIP EXCLUSIVELY AT THE CHANEL BOUTIQUES: NGEE ANN CITY. 391 ORCHARD ROAD. SINGAPORE TEL: *****20 ISETAN SCOTTS. 350 ORCHARD ROAD. SINGAPORE TEL: *****2150 words
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TURMOIL IN ASIAN CURRENCY MARKETS
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490 1997-05-16 4 Larry Wee, Harish Mehta - Seme economists see devaluation as inevitable; others see it as unlikely By Larry Wee, Harish Mehta m Bangkok WHILE conceding that the Bank of Thailand had clearly won the day for now in defending the baht, regional economists yesterday were divided490 words
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453 1997-05-16 4 Harish Mehta - B«t report claims mores afoot to get minister to quit From, Harish Mehta in Bangkok PRIME Minister Chavalit Yongchaiyudh reiterated yesterday that he would retain Finance Minister Amnuay Viravan, pouring cold water on talk of Dr Amnuay's removal which had helped send stocks Into453 words
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Article, Illustration785 1997-05-16 4 Larry Wee - COMMENTARY They can break a bank or a currency bat they also force politically difficult decisions By Larry Wee American "hedge funds" the billion-dollar pools of savings that are parked with US fund managers—can break a bank. They can also break a nation's currency, as785 words
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Article, Illustration419 1997-05-16 4 Al Labita - From, Al Labita in Manila THE Philippine central bank (CB) yesterday swung into action to defend the peso following speculations that the currency will suffer the same fate as that of the battered baht. The c«ntral bank sold US$7O million (SIIOO million) in the foreignREUTER; Source: Bloomberg - 419 words
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Article, Illustration324 1997-05-16 4 Eddie Toh, Meera Tharmaratnam - Bu Eddie Toh, Meera Tharmaratnam in Kuala Lumpur THE Malaysian ringgit ended higher against the US dollar yesterday after the central bank intervened heavily in the market the previous day to stem a run on the currency. The ringgit closed at 2.5100/20 to the USALLAN - 324 words
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Article, Illustration414 1997-05-16 4 S N Vasuki - Fall dne to fears over poll-related violence and attack on baht From! S N Vasuki in Jakarta THE Indonesian rupiah fell sharply against the US dollar yesterday as investors sold on concerns over election-related violence and the speculative attack on the Thai baht.Source: Bloomberg - 414 words
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Article, Illustration309 1997-05-16 4 Anthony Rowley - From, Anthony Rowley in Tokyo THE yen rose to its highest level in four months against the US dollar in Tokyo yesterday, prompting Japanese Finance Minister Hiroshi Mitsuzuka to suggest that the correction has gone far enough. Japanese investors have begun toSource: Bloomberg - 309 words
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FOCUS: ADVERTISING & MARKETING
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Article695 1997-05-16 5 Jenny Lam, Clarissa Tan - Most members of the medical fraternity here adopting a wait-and-see stand By J I Jenny Lam, Clarissa Tan [SINGAPORE] MOST of Singapore's medical fraternity are unlikely to rush into publicising their services even though the government has now allowed medical clinics, laboratories and hospitals to advertise.695 words
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300 1997-05-16 5 Clarissa Tan - With robust 18.7% growth, region holds potential: experts By i Clarissa Tan [SINGAPORE] Duty free goods that wonderful phrase for shoppers and retailers are the focus of an ongoing exhibition at Suntec Centre. The third Tax Free Asia Pacific, a five-day event300 words
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Article54 1997-05-16 5 tartan nut Vmm 0r«Mtar *»1W! SMratM Totftn M<.,»<„H J 55>5?w5io *r»a nrnHmkiH+m* TMBMArt MUtfNwZMlMtf SMtaM WHMMST MnferyCMVMttM'97 1*0*573-13* Ea*ttjrtafCMteMCK T«t79H744 11 1 SUSSSS" t *y22-tS Zoerana"W lfc» VwttTrMtCtr WerFfne* 1*2*3* tetaUwrbdftftiM MrHTrMi UHtrFrraan I iCMfarMCt?? CMM T*7JJ-2» 1*12-15 WnTtM., Wwtt Trait Or *y22-25 towyy-Tfc. VorWTrMtCtr WterFrMMn industry 22S2T54 words
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Article, Illustration523 1997-05-16 5 Clarissa Tan - To be different, Bartle Bogle Hegarty looks for similarities By i Clarissa Tan [SINGAPORE] UK-based advertising agency Bartle Bogle Hegarty (BBH) wants to be known for being different. And ironically, one aspect of this lies in seeking out people's similarities. Chairman and creative523 words
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Page 5 Advertisements
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Advertisement228 1997-05-16 5 —d {Oui.rt. Ifcd n •< i!i ■< I M »a r~—..• d 'L d IDhen the glass contains champagne, it's a regular long weekend. 5 When the bathtub does as well, it's at The Ritz-Carlton, Illillenia Singapore; r d M ~^MB H|HT —^a 9 jK gHHQ ..ja *if XtM iy228 words
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SOUTH-EAST ASIA
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411 1997-05-16 6 KUALA LUMPUR Plant to be in the south Indian state of Andhra Pradesh, say govt officials Reuter MALAYSIA'S cabinet has approved investment plans by national carmaker Perusahaan Otomobil Nasional Bhd (Proton) to build a car plant in India, government officials saidReuter - 411 words
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415 1997-05-16 6 Kenneth James - SINGAPORE Ex-finance secretary spells ont essential recovery programmes By] Kenneth James THE Philippines economy isn't out of the woods yet, the former financial chief in the Cory Aquino government says. "Reconstruction is a long process," Jesus Estanislao, who was Finance Secretary in Mrs Aquino's415 words
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Article, Illustration223 1997-05-16 6 KUALA LUMPUR AFP MALAYSIAN Prime Minister Mahathir Mohamad said yesterday the government may grant further power contracts to private groups to ensure reliable and secure electricity supply. Dr Mahathir said it was vital for the energy sector to enhance its efficiency to cater toAFP - 223 words
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Article, Illustration324 1997-05-16 6 S N Vasuki - JAKARTA By S N Vasuki INDONESIA'S richest tycoon Liem Sloe Liong said he is an "Indonesian and a patriot" and called on the government to recruit ethnic Chinese in the civil service. Mr Liem, who controls the giant Salim Group and324 words
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387 1997-05-16 6 JAKARTA *+tafkftd daring march by 6,000 in Central Java Reuter CLASHES between supporters of Indonesia's United Development Party (PPP) and security forces hit election campaigning in Central Java province and the capital Jakarta, police said yesterday. The biggest clash came during campaigning by theReuter - 387 words
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337 1997-05-16 6 JAKARTA AFP CANADA'S Bre-X Minerals has earmarked at least US$6OO,OOO (SI864.000) to pay 468 workers it plans to lay off following the closure of its operation here, including at the troubled Busang gold mine. "We will pay the severance payment to our workers,AFP - 337 words
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Article425 1997-05-16 6 S N Vasuki - JAKARTA With lrift clout intact, Nnsamba set to make major acquisition* By\ S N Vasuki KEY Busang player, tycoon Mohamad 'Bob' Hasan, has emerged unscathed from the elaborate hoax. Sources say the affair has not eroded Mr Hasan's clout and the Nusamba Group, an investment425 words
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199 1997-05-16 6 KUALALUMPUR Bernama THE proposed electric train service from Johor Baru to Tanjung Pagar in Singapore has been scrapped due to disagreement with the Singapore government over the positioning of cables, said Malaysian Transport Minister Ling Liong Sik yesterday. He said Malaysia had proposed theBernama - 199 words
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Page 6 Advertisements
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Advertisement144 1997-05-16 6 7 j fc The very best delicacies the -f Jrf SS&i Savour these marine delicacies prepared by the hands of a true Master at the Chang Jiang Shanghai Restaurant from May 1 to June 30. Whether raw or cooked, resident Masterchef Foo Jong Kwang will be flPUtwl y\ Asam* transforming144 words
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CHINA-HONGKONG-TAIWAN
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466 1997-05-16 7 Loh Hui Yin - HONGKONG But he retains thrust of controversial proposal to tighten up on civil liberties By\ Loh Hui Yin HONGKONG'S government-in-waiting yesterday presented a re-crafted set of amendments to two controversial bills, although Tung Chee Hwa's office has not budged from the essence of the466 words
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Article, Illustration353 1997-05-16 7 TAIPEI Reuter PRESIDENT Lee Teng-hui yesterday took the blame for what he called Taiwan's worsening social order, gave the green light for his handpicked premier to quit in July and vowed not to seek re-elec-tion in 2000. In an annual news conference,Reuter; REUTER - 353 words
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381 1997-05-16 7 Peter Seidlitz - BEIJING New customs and value-added tax laws add to costs Byl Peter Seidlitz MERCEDES-Benz has decided not to go ahead with Us US$l billion (551.43 billion) family van project in south China, saying the project was no longer feasible. In a letter to the381 words
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458 1997-05-16 7 Bruce Cheesman - TAIPEI But deteriorating law and order threatens recovery By] Bruce Cheesman TAIWAN'S mounting political woes over the government's failure to take responsibility for rising crime threaten to jeopardise the island's fragile economic recovery. Gross domestic product (GDP) growth in the first quarter was a458 words
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253 1997-05-16 7 LohvHui Yin - HONGKONG By LohvHui Yin HONGKONG'S future as a Special Administrative Region (SAR) of China has received a boost from Japan, its largest investor. Japan yesterday conferred recognition on the new SAR passport by accepting it as a valid travel document. Tokyo also253 words
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374 1997-05-16 7 BEIJING Commuter plane deal among other key contracts inked Reuter AFP AIRBUS Industrie signed a US$l.5 billion (552.2 billion) deal with China yesterday to supply 10 A 320 and 20 A 321 jets to Chinese airlines, company officials said. "This marksReuter; AFP - 374 words
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Page 7 Advertisements
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Advertisement627 1997-05-16 7 Integrated I Engineering I I Keppel Integrated I Engineering Limited I I (Incorporated in tfW Republic of Singapore) 3 tW p V 4' J-,-- 9 Notice of Annual General Meeting I Jv'£.r' V.-. J: 8 NOTICE IS HEREBY GIVEN that the Annual Generel Meeting orf the shareholders of the Company627 words
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Page 8 Advertisements
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Advertisement74 1997-05-16 8 r\>, .i"-' V 1 v i 4 ;V. V*-- 7 Jit*! v oM:te<-" A^i"c*":#4- Cr' it?>?M& fe3g t: '"> J?fe »SJ ffi "'>. K ml-S i'lSmfc ■'<& \'Jm SHiS*-* -A JS'Sm 5? f> v v\: '*»h£"*'>d*j V&'- *^VR m s^ss-' -sim? 3n tf I 11 iBBHHIH^BBBIMr^HHBHHBI^BB BBBBBMBMB^BBMMBMi^ft^iia^M^^^^^^^B^^^^^B^**il6MEaiMirvt |l '<fr*3te. v74 words
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ASIA
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257 1997-05-16 9 WELLINGTON Reuter THE New Zealand economy has softened more than expected and expectations of a recovery have been shifted back to the fourth quarter, the Bank of New Zealand said in a quarterly outlook yesterday. The bank said in its May quarter outlookReuter - 257 words
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Article, Illustration470 1997-05-16 9 SEOUL Prosecutors have enough evidence that he broke laws official Reuter SOUTH Korean prosecutors said they began questioning President Kim Young Sam's son yesterday on suspicion of taking kickbacks and peddling influence. "Mr Kim Hyun Chul is being questioned as a suspect,"Reuter; REUTER - 470 words
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135 1997-05-16 9 MELBOURNE Renter RESERVE Bank of Australia (RBA) governor lan Macfarlane said yesterday that recent data on wages growth are a setback to prospects for improving inflation. Mr Macfarlane said it was an assessment of improving prospects for inflation, and the associated scopeRenter - 135 words
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284 1997-05-16 9 TOKYO Prosecutors probing 200 bureaucrats in list of VIP accounts AFP A FORMER vice-health minister charged in a bribery scandal was among 200 clients of Nomura Securities who were allegedly given special treatment through so-called VIP accounts, a daily said yesterday. Nobuharu Okamitsu,AFP - 284 words
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Page 9 Advertisements
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Advertisement24 1997-05-16 9 Spring/Summer 1997 Aigner Belts Now available in-store Millenia Walk Raffles Hotel Arcade Shaw Centre The Paragon Takashimaya Department Store m.b.melwani c roup Http://www. melwani.com.ig24 words
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Advertisement803 1997-05-16 9 BUSINESS Notices To advertise call toll-free 1800-741 1883 Ah Bank of Hawaii BANCORP HAWAII, INC AND SUBSIDIARIES Consolidated Statements of Income Consolidated Statements of Condition USS in thousands US$ in thousands except per share amounts December }l December 31 1996 1996 Interest Income Assets Interest on Loans 664,175 Interest-Bearing Deposits803 words
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FOCUS
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Article, Illustration1282 1997-05-16 10 Investment banker Felix Rohatyn is tipped to be the next US ambassador to France, where his popularity is virtually assured already IHT [WASHINGTON] A POSTING to London, not Paris, might have been a good fit for Felix Rohatyn. A meeting last year between theIHT - 1,282 words
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Page 10 Advertisements
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Advertisement1345 1997-05-16 10 BUSINESS Notices To advertise call toll-free 1800-*****83 Ip 555^^*****^^^55 C 3 AVIMO J ,«f (Incorporated in Singapore) I 1 Interim Unaudited Results for the Half Year Ended March 31,1997 and Dividend Announcement The board of directors of Avimo Group Limited announces the following results for the half year to March1,345 words
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THE WORLD
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460 1997-05-16 11 WASHINGTON Odds favour rate rise at Fed meeting next week: analysts Bloomberg THE US consumer price index the broadest gauge of prices Americans pay for goods and services rose a tame 0.1 per cent in April, Labour Department figuresBloomberg - 460 words
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327 1997-05-16 11 WASHINGTON Work force grew at less than half the rate of job creation Bloomberg THE US unemployment rate, now at a 23-year low, may fall to as low as 4 per cent in the months ahead. "We're literally running outBloomberg - 327 words
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Article, Illustration381 1997-05-16 11 BONN Reuter FINANCE Minister Theo Waigel insisted yesterday that Germany's chances for joining Europe's single currency on time were unchanged despite a gaping hole torn In his budget by falling tax revenues. An estimated 18 billion deutschemark (5115.2 billion) shortfall inReuter - 381 words
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175 1997-05-16 11 FRANKFURT Reuter THE Bundesbank said yesterday that its council left the German discount and Lombard rates unchanged after its regular meeting. The German discount rate remains at 2.5 per cent and the Lombard emergency financing rate at 4.5 per cent. The central bank's main money marketReuter - 175 words
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166 1997-05-16 11 LONDON AFP PLANS by Britain's new Labour government to impose a one-off windfall levy on the "excess" profits of the privatised utilities, to pay for a wel-fare-to-work scheme, ran into controversy yesterday. The chairman of British Telecommunications pic warned that the company might launchAFP - 166 words
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Article, Illustration617 1997-05-16 12 Kevin Sullivan - EUROPE VIEW Xn marketing, be It clothes, shoes or drinks, image reigns, bnt when It comes to mergers, hard sense prevails By Kevin Sullivan The writer is a Spain based journalist who contributes to B'r Nothing succeeds like success. And of course617 words
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316 1997-05-16 12 GENEVA Move will create 6m-30m new jobs, up exports by USs2lob FT DEVELOPING countries could create millions of new jobs and add billions of dollars to their export earnings if their nationals could travel more freely to rich nations to provide services, saidFT - 316 words
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215 1997-05-16 12 MOSCOW Reuter PRESIDENT Boris Yeltsin yesterday praised the new pact mapping out relations between Moscow and Nato, but his defence minister said it did not resolve all problems with the Western alliance. Mr Yeltsin, in a telephone call to German Chancellor Helmut Kohl,Reuter - 215 words
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Page 11 Advertisements
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Advertisement101 1997-05-16 11 </> WITH A DIFFERENCE we octualy measured our rooms and discovered that ours probably one Ihe most spocious you'l get at SsJl9* To make it an even better after, we compliment it wilh; Welcome Coffee/Tea making fodirhes Qfj 24 Hours in-house video Newspaper Subiact lo 10% service charge, 1% cess101 words
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Advertisement194 1997-05-16 11 1 |8 wl m 1 m jtffl I J --^l I r^ *>«ps^'v>.J«<* Ip: I i^^B^Bß^^^l-?jfe fe **«Eifc' v SRH H B H. I I B k 'j' jm B 9 ■H JH Kp- fe9 jfl gj B fl v^, |H Caj' WKr |1 I JL B I SB -Mm^f194 words
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Page 12 Advertisements
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Advertisement274 1997-05-16 12 I Because they'll be providing you with expert opinions on how to maximise your advertising budget. For your |HH opportunity to exchange ideas and views relating to marketing communication, fill up the registration form below and send/fax it to us today. Conference Topics Key Speakers H| Building Brands With Radio274 words
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Advertisement27 1997-05-16 12 JJW No 1 OFFSHORE COMPANY SPECIALISTS BAHAMAS JERSEY BRITISH VIRGIN ISLANDS MAURITIUS CAYMAN ISLANDS SEYCHELLES IRELAND WESTERN SAMOA Tel: (65) *****82 Fax: (65) *****91 OFFSHORE WITH CONFIDENCE27 words
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EDITORIAL & OPINION
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Article, Illustration755 1997-05-16 13 Kenneth James - THE BOTTOM LIVE OPINION By Kenneth James The writer couldn t cut it as a chess player and became BT's Technology Editor IT HAD to happen, surely. Yet when it finally did, last Sunday, the news that world chess champion Garry Kasparov755 words
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Article139 1997-05-16 13 'Basically, we've challenged the beauty industry which wants to say constantly: you need to be repaired. You have a disease called aging.' Anita Roddick one of the richest women in Britain and owner of The Body Shop, which sells beauty care products made from natural ingredients. 'Bank139 words
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656 1997-05-16 13 EDITORIAL THE Australian government seems to have lost its enthusiasm for reform of the economy, if its budget statement this week is anything to go by. The days of sharp cuts to government spending seem to be truly over. Spending cuts amount to As7B3 million but656 words
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Article, Illustration700 1997-05-16 13 Linda Low - The EU needs to be more than just an Asean dialogue partner for a more stable global system By\ Linda Low THE Association of Southeast Asian Nations (Asean) and the European Union (EU) face many common issues, among them enlarging their membership and dealing with the moreAFP - 700 words
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Article832 1997-05-16 13 Waste of resources IT is now simply a matter of time before the United States, which has always claimed to be the vanguard of free trade, joins the move led by Japan and the European Union in asking the World Trade Organisation panel to judge Indonesia's832 words
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Page 13 Miscellaneous
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Miscellaneous36 1997-05-16 13 DOONESBURY By Garry Trudeau H suFeGONBOF ujeu..uK£,fHHATIFTM?VEA&\ R RJC&7D POYOUm WW AGO,IPPRJVSN THROUGH WW THINK. W mrm J WA SCATTie INSTBAP OF ASPEN? I WUVSTILLBBMARR/BPTOMIKB, I. j mL ANPiMtGurvßdeeNTHzoNe f I MAfWBV TO A TOTAL BABE'36 words
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EXECUTIVE LIFESTYLE
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Article, Illustration770 1997-05-16 14 JANET MASLIN - This year's festival is marked by a proliferation of excellent first films, as jamet mast.tw finds out JANET MASLIN NYT A WEEK'S worth of rain clouds has finally lifted here, and suddenly the films are as hot as the weather. Gangbusters: LA Confidential, aNYT; REUTER - 770 words
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622 1997-05-16 14 CRIME Folic* belietigriAdi; from HE, Taiwan and China are fighting for slice of shrinking pie Reuter [MACAU] Back in the early *****, the Macau government official responsible for law and order described the sleepy, Portuguese-run territory as an "oasis of security". Today,Reuter - 622 words
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Article, Illustration789 1997-05-16 16 Ben Munroe - ART The SAM hosts* thooght-provokiiig display of works by Chinese artists By Ben Munroe [SINGAPORE] In the centre of the lower galleries, in the middle of the exhibition, the lights suddenly went out and people stood, bewildered, around a mass of wires on the floor, unsure789 words
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CHATTER Box
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117 1997-05-16 16 Reuter the management of leading British pop group Oasia Is f threatening legal action for breach of copyright against hundreds of unofficial Internet sites dedicated to the band, the Financial Times reported yesterday. The newspaper I said this action is a first forReuter - 117 words
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100 1997-05-16 16 AFP PERFORMER-compoeerYannlhas told reporters iB w Bering that plans for this month's tour of China had m influenced his compoeitiona over the last two«nd-e-half oft years. "The fact that rm a ware that I'm going to China affected the music," yaeterday's CftwZtofJy quoted hisAFP - 100 words
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Article, Illustration120 1997-05-16 16 AFP AFRIC AN-Amerlcan actor and director Laurence Flshburne arrived in war-ravaged Liberia on I Wednesday to his reaMifr role as ambassador for the United Nations Children's Fund (Unlcaf). Flshburne, star of flhna such as Bays JV i il%*Hood. Othello and Tina, will spend threeAFP - 120 words
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Article107 1997-05-16 16 AFP niuiianacoornuxnurani issei ro Btar masequeito me smash hit comedy Four Weddings and a Funeral, one of th#|. most successful British films ever made, a press report iS s&id yesterday The script for the new film —by the ofthe original. Richard Curtis U alreadyAFP - 107 words
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Page 14 Advertisements
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Advertisement64 1997-05-16 14 Erarafl .on, or, kail it, <' fin IP Mtiih Mjj giUl la ll.ifUfcr- ~AL.;I» 3 Hl■■fi&HET HIiP^ wt^ ll H n HB PH A I a ittilmiii. 2»hBKEiXA -i Bfl^KflUiftli^^^^BflMHß L. f SINGAPORE'S MOST INSPIRING HOMES 143 PAGES OF WONDERFUL ROOMS AND IDEAS A GREAT BOOK FOR YOURSELF. FAMILY OR64 words
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Page 15 Advertisements
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Advertisement252 1997-05-16 15 Where to wine, dine and entertain... Presc tedby: T******45 Wkat (setter way to celebrate great week than Sunday Brunch at Tl»e dte-in-Ue-fU? injoy tke finest brunch and service at only $28* Pf* adult (only $14* lot tiie Iritis). Then toast your good fortune with Cfcld Salrt dwpsgns, each glass glittering252 words
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Advertisement124 1997-05-16 15 we Original Nonya Recipe TWO DECADES OLD At the New Luna Coffee House Nonv? Stiff* LurKh 18.00+++(Adult) For reservations, please $12 .00+++(Child) call 733 2081 ext 468 Temasek Buffet Dinner Complimentary Business $19.00*+* (Adult) Tunes available while $12.50*++(Chikf) sfcks last HKIhTM (Sat, Sun and Pubftc Holiday) M $12.00+++(AduK) APOLLO HOT€L124 words
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Advertisement165 1997-05-16 15 I "Let's Dine At The Pool Terrace Restaurant..." Dining at the Royal Holiday Inn Crowne Plaza takee on a decidedly relaxed ton*. Any time of ttw day, all day, everyday... With an enticing breakfast menu, an excellent dinner menu offering aeefood and ateaka, and an aM-day selection of choice anacka.165 words
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Advertisement152 1997-05-16 15 SINGAPORE BUSINESS Giving you the winning edge The chefs at the Chinatown Restaurant have debunked that t theory by carefully fInMH blending the best of Cast and Wc*l with our Sauteed Salmon ivith Chilli. Prepared <Sze Chuan- HE style, this dish will definitely tickle your HnMBH tastebuds with its HHHHhPB152 words
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Advertisement139 1997-05-16 15 if SOUTH AFRICAN j < FLAVOUR < 4 GOES CANTONESE < 4 <it tA« VWptvrw frtm now tiff 71 May. Eiijoy Oitrtei Jltkt. SowtA i wtm arj «i SovtA African B»vw* Slow for owf.y for «taU» of to. \fe«*eo«iHw|ii a trip to SoutA Africa end Mavrttt v* fti ovr Ludty139 words
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Page 15 Miscellaneous
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Miscellaneous773 1997-05-16 15 TV&RADIO rAmlurn 11 m 11-00 Kim Basinger Special L3O AM Close. "JCr Nine 1/2 Weeks (See Our JMILJHI W* X3O PM The Winners. Choice). ■BBBBBBBHBBM sBW f ||HH§ Money. Money, Money 1220 AM Friday Late Night 12.00 NN Berita Tengahari. W The First And The Best Movie The Deceivers LOO773 words
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Miscellaneous231 1997-05-16 15 CRYPTIC CROSSWORD 1 Fine worker not all appear I 1* jffit 5 Sailors, possibly ten, are miss--9 Project a man has become in- 1 11 1 J wived in to gain advancement 24 Barker, dvk leader, or soktter? been significant (6) y 29 Decorated and given guidance 29~^^ —II 30231 words
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Page 16 Advertisements
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Advertisement96 1997-05-16 16 ■B■ Vfl^H ßH■ ST^HRH9^^i^B B■■ BH^^^MhHV^l MuHMJnk Suapansion Fuel Optimising ECOTEC Engine Synchronisad Protection System Composing Oaah Sensors, ABS Brakes, Airtoegs, Self-Tensioninfl Seat Beits, Side Impact Beems, Front and Reer Crumple Zones Electric Immobttaer Wood Panelling Leather Seats Electric Reer Sunehield Spacious Interior Rear Aireon o£ STA AUTOCENTRE S uai96 words
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Page 16 Miscellaneous
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Miscellaneous152 1997-05-16 16 THE WEATHER fMinwpw ai Showers with thunder in the late morning and early afternoon, mainly over northern, eastern and western Singapore. Temperature (32-24) 111 r*mt HVW OmL Bnpi WLC Onl !■■<■ WL*> OmmL Aactkad 17/11 Steven Amtrtm lt/W Steam bmmAm i4/i« iwh Bangkok (\mt) Kkm *14 On* B*m arn Cta*152 words
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COMPANIES & MARKETS
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Article, Illustration537 1997-05-16 17 Jenny Lam - Sale of Equatorial site likely; move to raise foods for new projects Jenny Lam [SINGAPORE] Mainboardlisted Lim Kah Ngam is selling its hotel-cum-supermarket project in Joo Chiat and most probably Hotel Equatorial to raise funds for new property projects. Twbt of the537 words
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236 1997-05-16 17 Christopher Tan - IPO WATCH By I Christopher Tan [SINGAPORE] Tye Soon's initial public offering which closed yesterday is believed to have been more than 60 times subscribed, garnering an above average response among IPOs issued this year. BT understands the subscription rate yet unverified is the236 words
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Article237 1997-05-16 17 [SINGAPORE] Poh Lian Holdings bucked the market trend j,. on its debut on the stockmarRet yesterday. After a hectic ay. the stock closed at 51.5 Gams a respectable premij urn of cent over its 42I cent biter »rice. the equipment and construction gfoup opened at237 words
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143 1997-05-16 17 [SINGAPORE] Wire and cable maker Huan Hsin Holdings has received in-principle approval for a US dollar-listing on the mainboard of the Stock Exchange of Singapore. Huan Hsin is a Singaporeregistered company with operations in Malaysia and China. Established in -1980, the143 words
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700 1997-05-16 17 Clarissa Tan - HOCK LOCK SIEW Clarissa Tan uund ana rouna we go. For those who have been following the market for new listings, yet another IPO cycle has come by Bf again. The ups and downs in IPO senti- ment up for700 words
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370 1997-05-16 17 CDL's Millennium 4 Copthorne to undertake historic site joint venture [SINGAPORE] CDL Hotels is continuing its rapid expansion this time picking the UK's northern city of Manchester for a £37 million (SsB7 million) project. The Hongkong-listed unit of the Hong Leong group370 words
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REGIONAL COMPANIES
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414 1997-05-16 18 Lee Han Shih - Projects in East Malaysia 100 km away from Baknn dam site By] Lee Han Shih [SINGAPORE] Two of the region's most aggressive companies Sinar Mas of Indonesia and Malaysia's Ekran are tapping the market for a total of Mss billion (552.86414 words
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255 1997-05-16 18 [SINGAPORE] Shares and warrants of USkiollar denominated GP Batteries International will be listed and traded in Singapore dollars with effect from May 27. The conversion to Singapore dollar listing status will not result in any changes to the principal terms of255 words
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263 1997-05-16 18 Al Labita - From. Al Labita in Manila OCBC Securities was the biggest player among Singapore stock brokers in the Philippine share market last month, the latest Philippines Stock Exchange (PSE) monthly ranking shows. Through its Philippine subsidiary, OCBC snatched 3.46 per cent of the 283.5 billion263 words
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Article, Illustration571 1997-05-16 18 But airline well placed for rebound as fael prices stabilise Bloomberg [SINGAPORE] Singapore Airlines (SIA) is poised for clearer skies after a bumpy fiscal 1997 brought on by soaring fuel costs, a strong local currency, over-capacity and intense competition. The airline is expected toBloomberg; FILE PHOTO - 571 words
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257 1997-05-16 18 Rajendra Bajpai - From Rajendra Bajpai in New Delhi SEVERAL international airlines, including Air India and Singapore Airlines (SIA), are in talks to set up a global pact on facility-sharing and extending their reach, an Air India spokesman said. "We are talking with257 words
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230 1997-05-16 18 (SINGAPORE] A former director has filed a $200,000 claim against Sesdaq-listed Ho Wah Genting International for unpaid remuneration. The engineering firm in turn filed a counterclaim for 1731,000 "related to collection of outstanding receivable" due from a former unit, the company revealed in its230 words
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130 1997-05-16 18 [SINGAPORE] Zagro Asia's directors yesterday apologised to shareholders for not seeking their approval on a series of related-party loans amounting to $2.3 million. It said the "oversight" involved loans extended by the company to two members of the Gold Coin Group Gold Coin Singapore130 words
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Article141 1997-05-16 18 (SINGAPORE) Aerospace optic and laser systems maker Avimo last night announced a 40.4 per cent jump in group net earnings to $4.5 million for the half-year ended March. This profit surge was achieved on the back of a 12.3 per cent rise in group turnover to141 words
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COMPANY Briefs
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Article47 1997-05-16 18 [SINGAPORE] Auric Pacific has appointed brothers James and Stephen Riady and Ricor da Silveira to its board. Mr Silveira is the managing director of Lippo Investments Management in Hongkong. James Riady, deputy chairman of the Lippo group, was also elected Auric's chairman.47 words
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66 1997-05-16 18 [SINGAPORE] Singapore-listed Total Access Communication (TAC) posted a 47.4 per cent rise in group net profit to 840.29 million baht (Ss47 million) for the first quarter ended March 31. TAC, the only Thai firm to list in Singapore, said operating revenue66 words
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36 1997-05-16 18 [SINGAPORE] Singapore Press Holdings' wholly-owned subsidiary, SPH MultiMedia Pte Ltd, has divested its entire stake 0f98,000 ordinary shares (48 per cent) in Movielink (Singapore) Pte Ltd to Movielink Pty Ltd.36 words
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33 1997-05-16 18 [SINGAPORE] First Capital Corporation has appointed Lum Choong Wah as Independent director with effect from yesterday. Mr Lum has been the executive chairman of SNP Corporation since December 1995.33 words
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39 1997-05-16 18 [SINGAPORE] Materials Handling Engineering has signed a memorandum of understanding with Myanmar's Mayflower Trading Co to form a Joint venture company. The parties have identified industrial parks and infrastructure projects as potential businesses.39 words
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35 1997-05-16 18 [SINGAPORE] Econ Machinery, a unit of main board-listed Econ International, has been appointed the exclusive distributor of Comedil's range of saddle Jib and luffing boom cranes in the region.35 words
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REGIONAL/INTERNATIONAL COMPANIES
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Article, Illustration556 1997-05-16 19 Some analysts expect the companies to eventually settle their disputes oat of court Bloomberg Reuter [SANTA CLARA, California] Intel Corp shares rose after being down most of the day on Wednesday on concerns that patent-infringement lawsuits filed by Digital Equipment Corp andBloomberg; Reuter; FILE PHOTO - 556 words
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Article, Illustration376 1997-05-16 19 Good showing by US retailers in Q1 cheers market Reuter [CHICAGO] Federated Department Stores Inc and Woolworth Corp said on Wednesday that their first quarter results have rebounded to a profit from a loss previously while luxury goods retailer Tiffany Co posted aReuter; FILE PHOTO - 376 words
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398 1997-05-16 19 Company hit by general weakness in property market AFP [TOKYO] Japan's Mitsubishi Estate Co yesterday said parent pre-tax profit fell 44.4 per cent from a year earlier to 16.3 billion yen (SslB9 million) in the year to March. It said revenue declined 0.7 per centAFP - 398 words
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400 1997-05-16 19 Reuter [BOSTON] Digital Equipment Corp has strong technology but weak marketing and a plodding corporate culture that paralyses the computer maker in fast-changing, hightechnology markets, analysts said Wednesday. For a company with US$l4 billion (Ss2o billion) a year in revenues, Digital is slowReuter - 400 words
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235 1997-05-16 19 Bloomberg [NEW YORK) The two biggest US cigarette companies said that settling their legal fights could cut significantly into sales and profits for years to come, detailing for the first time the price they would have to pay for peace withBloomberg - 235 words
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305 1997-05-16 19 Agency to develop advertising for cable, digital TV, Internet Bloomberg [TOKYO] Sony Corp said it has gained control of a midsized Japanese advertising agency in a bid to tap into the rapidly growing market for ads on the Internet and satellite television.Bloomberg - 305 words
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Article210 1997-05-16 19 Bloomberg (OMAHA, Nebraska] Berkshire Hathaway Inc, a holding company controlled by billionaire investor Warren Buffett, said first-quarter earnings jumped 64 per cent, buoyed by higher revenue from its Geico Corp insurance unit. Its shareholder equity, which includes the value of Berkshire Hathaway's investments in otherBloomberg - 210 words
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FINANCE & COMMODITIES
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420 1997-05-16 20 Neil Behrmann - Deal gives British bank more access to US mergers market; price stuns observers From Neil Behrmann in London SBC WARBURG, Swiss Bank Corp's British investment bank, has formed a prestigious cross-Atlantic alliance with its blue-blood US counterpart, Dillon, Read Co. Following leaks late420 words
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Article, Illustration46 1997-05-16 20 [SAO PAULO, Brazil] A counter boy preparing an expresso at a central Sao Paulo coffee shop on Wednesday. World arabica coffee prices have risen to their highest point in three years because of tight supply in key Latin American coffee-producing countries. REUTERREUTER - 46 words
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441 1997-05-16 20 Rajendra Bajpai - Guidelines awaited as such funds are unknown there From Rajendra Bajpai in New Delhi SEVERAL property consultancies and firms plan to set up real estate mutual funds in India, a sector largely ignored here, according to a senior official of international441 words
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315 1997-05-16 20 AFP, Reuter [TOKYO] Japan's Sanyo Securities plans to close units in the US and Switzerland by the end of March next year as part of a restructure, a company spokesman said yesterday. The comprehensive securities firm closely related to Nomura Securities will shutAFP,; Reuter - 315 words
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200 1997-05-16 20 SBKEXReport Reuter [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures were off their highs but remained relatively firm in late trade yesterday following a drop in Tokyo stocks on the back of the yen's strength. "Everything's been focused on the forex market today.Reuter - 200 words
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192 1997-05-16 20 Perry Gilbert - MSCI TAIWAN FUTURES -By Perry Gilbert By Perry Gilbert, vice-presi-dent, Refco Singapore Pte Ltd THE MSCI Taiwan Index futures on Simex experienced a volatile day as traders who had Taiwan exposure were concerned about the political uncertainty in Taiwan and its effect on the MSCI192 words
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209 1997-05-16 20 ENERGY REPORT Reuter [LONDON] World oil prices held onto healthy levels yesterday and ignored evidence of plentiful supply to consolidate the gains made in the last week. By 1607 GMT. the June futures contract for bellwether Brent crude, which was to expire yesterday, wasReuter - 209 words
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Article, Illustration1414 1997-05-16 20 INTERBANK CRoiB RATES May 15 kj <4 >■» ICU Fit D» HKS W 8» 8»«H Y» Won 5$ land Mr HTj W< Hm4 AwstrHU 1.078 4178 0.674 4427 1314 4.005 27.792 H.9S0 0.901 1917 *'1*48 LIM ***** 20.487 L1I2 3.480 UM 2U59 19.932 8.TO Canada 0.927 5.983 0.625 4.106 12191,414 words
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Article258 1997-05-16 20 AFP London THE dollar eased, particularly against the yen, yesterday on the London forex market in what operators called a market response to repeated calls by Japanese officials for a lower greenback. "It had been clear since the Group of Seven meeting in Berlin in February that theAFP - 258 words
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Article1827 1997-05-16 21 SICOM FUTURES RUBBER (futures closing u it 3.30pm) RSS1 CONTRACTUS CMts/kq) Close Volume Open Month High Low Sett (tonnes) Interest Jun 97 162.50 162.50 161.25 25 775 Jul 97 163.25 1945 Aug 97 165.00 1995 Stp 97 j££ 25 1995 Oct/De< 97 169.00 167.75 167.75 825 4350 J*n/M«1,827 words
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Article1654 1997-05-16 21 AFP Q Nikkei 225 -153.41 JAPANESE share prices fell yesterday with the key market barometer closing 0.8 per cent lower on selling of blue chips following the yen's rally, brokers said. "Since the share market's recent strength has been based on buying of international blue chips due to theAFP - 1,654 words
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Article2275 1997-05-16 21 LONDON Industrials M<V1S Pwct 31Group 499.400 -7.600 AB Ports 266 -6.400 Abbey National 936 3 Allied Domecq 458.400 .400 Amec 142.400 1 Asm Group 119.200 .200 BAT tad 549 *3 BG Pic 187 6 BICC 178.400 9 BOC Group 1001 *14 8R Petroleum 724 -20 BTR 2192,275 words
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Article, Illustration1628 1997-05-16 22 Bloomberg P Hang Seng -11L68 THE Hang Seng Index posted its biggest one-day decline in five weeks, as HSBC Holdings pic tumbled from a record high. HSBC, the London-based parent of Hongkong Bank, accounted for two-thirds of the index's decline, as investors decided its profits didn't justify a 25Bloomberg - 1,628 words
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Article, Illustration631 1997-05-16 22 Reuter nShenzhenßlndex *L 79 CHINA'S stock markets rebounded yesterday after a sharp two-day fall, bolstered by optimism that a possible government crackdown on market speculation could standardise and stabilise trading, analysts said. Investors widely expect a leadership reshuffling in the securities sector and punishment of several major brokerages forReuter; Source: Credit Lyonnsis Securities(Asia) Ltd - 631 words
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Article373 1997-05-16 22 AFP Q VP Index -186JH SHARE prices in Taiwan finished 2.3 per cent lower yesterday as investors dumped electrical issues. "Following yesterday's sell-offs by domestic fund managers and foreign institutions, retail investors followed to largely reduce shareholdings of electricals, despite support by government-run funds," said Augustus Chiu of SamfuAFP - 373 words
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Article260 1997-05-16 22 AFP |3 Wellington +9.73 SHARE prices closed up yesterday with most leading stocks steady or higher, dealers said. The NZSE-40 Capital Index rose 9.73 points to 2,310.72. Turnover was valued at NZ558.25 million. —AFP Mt« m row AMZ Banking 9.35 -0.05 500 AOvontoqoi Htdgi 133 -0.02 ***** Ak NowAFP - 260 words
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Article, Illustration826 1997-05-16 22 AFP P SET Into -13.43 THAI share prices dropped 2.4 per cent yesterday on concerns about the baht and the economy, closing off lows on late bargain-hunting. Poonpipat Finance and Securities analyst Nunthana Nuan-In said the success of the government's defence of the baht in foreign exchange markets onAFP - 826 words
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Article414 1997-05-16 22 AFP rlComposite Index +11Q9 SHARE prices shot up 2.4 per cent on the Korea Stock Exchange yesterday, spurred by foreign buying on economysensitive stocks as the yen strengthened against the dollar, brokers said. "Today's steep gain was mostly due to anticipation of an economic recovery backed by the strongerAFP - 414 words
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Article605 1997-05-16 22 AFP n All Ordinaries -5.4 AUSTRALIAN share prices eased 0.2 per cent yesterday as a series of uninspiring profit results cast a pall over the earnings outlook for the banking sector. "The banks really broke the market's back today," one trader said. "There was a general lacklustre tone acrossAFP - 605 words
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Article, Illustration712 1997-05-16 22 AFP P| Composite Index -13.60 SHARE prices fell 2 per cent yesterday as foreign institutions sold leading stocks in response to the Thai currency crisis and domestic reports of election violence, dealers said. "My best feeling is some people have lost confidence in this market following the Thai financialAFP - 712 words
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Article317 1997-05-16 22 AFP Q Manila -7433 SHARES slumped 2.8 per cent yesterday as the ailing Thai economy's currency and stock markets plummetted. "We're very vulnerable to negative news that is coming out of Thailand," said Luz Lorenzo of Peregrine Securities Philippines Inc. The PSE Composite Index fell 74.83 points to closeAFP - 317 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration558 1997-05-16 23 Reuter, AFP Q Composite Index -3L22 SHARES yesterday closed off lows on afternoon bargain hunting after falling to a 16-month low as both institutional and retail investors dumped stocks. The key Composite Index closed down 31.22 points or 2.91 per cent toReuter,; AFP - 558 words
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Article8050 1997-05-16 23 INDUSTRIALS Cmsmmt products >997 Last Vol Day Net Cap Wlfll I— ClKUm Bale '000 wm> Law P/I Sum 790 560 Ajinemoto 560 -30 14 570 560 31.0 227.0 446 293 Angkasa 304 -6 143 306 293 9.0 448 3 905 610 Apollo rood Hlg 635 -15 37 660 610 254.08,050 words
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WARRANTS & OPTIONS
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196 1997-05-16 24 R Sivanithy - Yet another puzzle the hefty premium of Taiping Cons wrts WARRANT WATCH By\ R Sivanithy FUNNY things happen when markets enter their extremes, whether it be a bullish or bearish phase. As we said in previous columns. Country Heights and Sriwani are two recent examples of Malaysian warrants whose odd196 words
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Article3780 1997-05-16 24 BONOS, LOANS I WARRANTS tM« Val Day L*t Ouata Avg Htgn LM StM Company S<M COOO) MfM Ln Buy*' Prtea 68 44.9 m 3000 m AMOB cS5*020.?ift «n I I I 51 5 3 '60 »Acar ******1 US$ 58.5 *5 321 59.5 52 59 60 2 H 3164 Acma ******43,780 words
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Article2310 1997-05-16 24 Of Of •997 Lift Vol Day Last Ouata Mv Mv VM Nat M Cap Mt*h Low Stno Company Sal* COOO) Ht«h La* Buyar Mtr C'vr P/l $ml "478 iie msSOOO AIS8 50C 300 00 160 310 555 302 306 10 4.9 OS 617 307.7 137 90.5 m$ 50012,310 words
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STOCK EXCHANGE OF SINGAPORE
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Article1432 1997-05-16 25 TUMOWt COOO) VALUE COOO) o» r#m cw> t*«i SK m m mgi mm 1.4W 1089 2 503 4,128 I.M9 5,983 7,Ml 10,>14 18,455 9V461 '1,610 63,071 WjSHM 442 442 IIM 1.146 mrtBf -mm i.049 1.049 H.W 3,555 *190 13,148 4.096 7JC 11.402 Tjt* 87,979 62.094 190.029 34*201 94,884 440 0871,432 words
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Article4774 1997-05-16 25 Transaction Date :May 15 Gr Gr M Wt l**T Last V* Day Last Ouota 0(v ON VM Mat Cm Avg m» I— »t»a Campany sia COOP) Wg6 H» Snyr h»w C*w P/t fri* Prte* industrials 5*46 ASC NTSK) 200 US- 885 885 1279 ASF US$0.***** US885 885 88.54,774 words
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Article1086 1997-05-16 25 Or Or Mm a v a ■i-'u. .jar's. t a a a.s ■MM J* Jg 25® SL U i 28 KM 109 KM 107 3.0 6.0 0.1 1916 47J n4 200 V44 a 2049 AS Auto 10c 249 »9 45 290 249 240 290 25 5 ,52 nr 811,086 words
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Article, Illustration50 1997-05-16 26 Shiv Taneja - -by: Shiv Taneja MANDARIN Oriental International closed one cent higher yesterday at US$l.2O on a volume of 2.5 million units traded. In the next few sessions, the stock might move upwards, but the longer term trend for this counter is down. Investors should sell on any upward movement.50 words
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Article226 1997-05-16 26 Stocks Votuirv* Pofi Lian K)c 24,599.000 •MBf Capital 10.391.000 •MBf Hldgs 50c 7.120.000 •Renonq Bhd 50c 4.652.000 Labroy M 20c 4 *****0 HK Land USSO.tO 4 249 000 •MBF Land Bhd 3.447.MO SingTel 15c 3.240 000 OBSLand 2,910 000 MOIL US$0.05 2.504.000 Stocks UOB Foreign 37.437,068 OCBC Foreign 33.699.864 SIA226 words
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Article, Illustration661 1997-05-16 26 R Sivanithy - STOCK MARKET COMMENTARY Brokers detect heightened hedge fund activity; S'pore stocks seen recovering faster because of Ss's "safe haven" reputation By R Sivanithy [SINGAPORE] There was little joy for investors in local stocks yesterday as the market together with the rest661 words
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ON THE GRAPEVINE
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Article114 1997-05-16 26 TWO stockbroking firms, Kay Hian and Phillip Securities, are doing their bit to help the blind. They are sponsoring a Rotary Club investment seminar tomorrow to raise funds for the Singapore Association of the Visually Handicapped. Kay Hian and Phillip will provide speakers for the seminar and114 words
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Article161 1997-05-16 26 WITH a listed open-ended unit trust, investors have the option of buying and selling units either through brokers or directly from the promoters of the fund (which in the case of the SRI Fund are the six local banks). Yet, investors seem to be having161 words
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Article150 1997-05-16 26 WALL Street can be very deceptive if one looks only at the S&P 500 Index and the Dow Jones Industrial Average, said New York-based analyst Ralph Acampora. According to him, there is a "stealth bear market" if one goes by the New York Stock Exchange150 words
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Article87 1997-05-16 26 EVERY day we are swamped by hundred of faxes from various companies and organisations. But what really overwhelms us are the scores of faxes from the same organisation for the same event. This week, for instance, we received more than 20 faxes from Nokia Mobile Phones for a87 words
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Page 17 Advertisements
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Advertisement72 1997-05-16 17 HBT TTTT 7*** I I Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 '*1 I 9| SvHK 1 I finHH IV u Ml. I 7 WSatm&m I I I m wwurnr •T-'tP «IS i -*L l It lif Vlßr fj w}72 words
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Page 18 Advertisements
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Advertisement138 1997-05-16 18 <f C7/w*n *r listing your company on the stock exchange? Q Hat's good news to over 2 mlon readers! I Wm Company listings are significant milestones *•**Br ||g and it is to the company's advantage to 4' I -'s£=ra«^£££srj=.txS'-* |fi build up awareness of its corporate k k- »»}lipn or138 words
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Page 19 Advertisements
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Advertisement341 1997-05-16 19 If it's not for the ICE 'N' WATER dispenser, you would probably mistake it as a cabinet. r-T* j4mana Refrigerator Freezers *j jßfljQj HP IIFI .■> I i 9r I P I By I I BL Presenting the totally built-in look by It's little wonder then that Amana is the341 words
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Page 20 Advertisements
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Advertisement155 1997-05-16 20 Have you ever wondered why there is such a high turnover in your Accounts Department? Make a qualified person do drudgery. Make him do duplication all day long. Make him camp in at month ends. Nights out at year end. Also expect him to perform miracles. And what do you155 words
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Page 22 Advertisements
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Advertisement28 1997-05-16 22 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 23 Advertisements
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Advertisement6 1997-05-16 23 Singapore Businessgiving you the winning edge6 words
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Page 24 Advertisements
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Advertisement184 1997-05-16 24 1 Vou love your while and blue shirts but they all look alike. Why not tailor your BhirtB In your favourite colours with different collar, jflQ*# Hj 9k ruff and pocket and make a difference. /m mSSm CYC now offers y° u a c °lton rich Oxford Weave fabric in184 words
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Page 25 Advertisements
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Advertisement54 1997-05-16 25 nif MAKES So 4« Ao^nt: M L ~tfj&"-~~- IA whdty owned subwi*ry of DICKSON UMTTH) J if |ft liiiW 391 A Orchard Road Nyee Ann City #17-06 Singapore *****3 (^SS^ Avail bl rt: P'CHSOW. WATCH JEWELLERY: The Promenade. Centrepoint, Suntec City. HERMES BOUTIQUE: Liat Tower. Dayman, Taka.hun.ya ALk, available at54 words
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Advertisement20 1997-05-16 25 Our auto listings won t steer you o The Straits Times m Classified for the best vVT wrong! deabonwheeh. 1<^»120 words
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Page 26 Advertisements
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Advertisement347 1997-05-16 26 BUSINESSNotICeS To advertise call toll-fne 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of ONG INVESTMENT PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290<2)(b)] At an Extraordinary General Meeting of the Company held at 9347 words
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Advertisement327 1997-05-16 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PEAKTOP PROPERTY PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290<2)(b)] At an Extraordinary General Meeting of the Company held at 9 Penang Road #12-00 Park Mad. Singapore *****9327 words
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Advertisement327 1997-05-16 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SEABEACH PROPERTY PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held at 9 Penang Road #12-00 Park Mall, Singapore *****9327 words
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Advertisement123 1997-05-16 26 PACIFIC BIOMEDICAL ENTERPRISES PTE LTD (Incorporated In the Republic of Singapore) (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act. Cap. SO. that the Final Meeting of members of the above-named Company will be held at 27 Foch Road #02-06 Hoa Nam Building123 words
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Advertisement1125 1997-05-16 26 OIL US$9OO A BARREL Don't panic. We're talking about the all that wheeling and dealing and finest Italian virgin olive oil of course, enjoy our set "Lunch on the Move" We use it liberally in our wide for only $21.50+++. iVjiflPtit choice of authentic Tuscan dishes You can always at1,125 words
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SHIPPING TIMES
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Article307 1997-05-16 27 Reuter, Bridge News THERE were firmer rates and weaker rates paid in the east for Panamax tonnage, and brokers here remained uncertain of the market's direction. In the Atlantic, Panamax rates were largely steady, brokers said. Volume improved as support levels were tested and tentatively held, CIS saidReuter,; Bridge News - 307 words
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Article246 1997-05-16 27 •m* n w c«fToiiii>>iMiw us -aot 2 Oman Hi* 1.03 *0.03 194 Cetc*tawMbmnt _129 *0.03 r9 FnMLMi QJ9S -0.02 275 CBHaMnft am 0.015 34 WfallHW 1.02 *0.02 179 hkkmzmm an -0.02 24 mCHlKlip HKU Jn»'w*ni o.w -aoos a »SNpyir<— US -0JS 422 Corp L99 uneh 21M «Wll rtLS246 words
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478 1997-05-16 27 Yong Mei Fong - Ground-breaking ceremony today; first ship expected within a year By Yong Mei Fong [SINGAPORE] The first privately run container terminal in Ho Chi Minh City, in which Singapore's Neptune Orient Lines (NOL) is a majority shareholder, is shaping up fast and plans478 words
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Article295 1997-05-16 27 Questions raised in Washington over proposed buyont Journal of Commerce [WASHINGTON] Neptune Orient Lines and APL Ltd, which announced an US$B25 million (Ssl.lB billion) merger last month, have hired a phalanx of high-powered lobbyists and public relations firms to push the ocean shipping deal throughJournal of Commerce - 295 words
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219 1997-05-16 27 Journal of Commerce [SAN FRANCISCO] APL Ltd will have a difficult time convincing the US government that its merger with Neptune Orient Lines meets conditions for a US military preparedness programme, according to a union representing APL ship engineers. A cornerstone of the proposed US$B25Journal of Commerce - 219 words
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759 1997-05-16 27 Selva Kumar - ADMIRALTY CASEBOOK By Selva Kumar UNDER article 111 rule six of the Hague Rules, a claim against a shipowner should be brought within one year of the delivery of the goods or the date when the goods ought to have been759 words
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319 1997-05-16 27 George Joseph - At stake is a large share of transhipment cargo By< George Joseph [SINGAPORE] The Port of Singapore Authority (PSA) is one of two Asian contenders hoping to acquire a near 40-per cent stake in Rotterdam-based Contshlp Europe and hence a substantial share of transhipment319 words
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229 1997-05-16 27 David Taylor - From, David Taylor rn [HONGKONG] China, the biggest producer of containers in the world, has imposed a minimum price on all new containers exported from the country. The minimum price took effect on May 1, and the Chinese authorities say it has229 words
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Article, Illustration343 1997-05-16 27 Move will open up landlocked south-west China [KUNMING] China has reached an agreement with the Myanmar government on the joint development of Irrawaddy River, a major inland river of Myanmar, to open a new, short channel to the Indian Ocean. Local officials343 words
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200 1997-05-16 27 [LONDON] The Intentional Maritime Organisation (IMO) is considering proposals for a new international treaty mandating that shipowners carry liability insurance. Currently, about 95 per cent of the world's shipowners al eady have some form of liability coverage, through protection and indemnity clubs, private insurance200 words
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131 1997-05-16 27 Reuter [LONDON] The Russian and Ukrainian crew of a Panama-nian-registered ship have not been paid wages for eight months, International Transport Workers Federation claimed on Wednesday, as the union continued its action week against flags of convenience. ITF said the 11 crewReuter - 131 words
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Article, Illustration1057 1997-05-16 28 Tom Baldwin - FREIGHT FORWARDERS: ONE OF THE CARGO WORLD'S MIDDLEMEN Freight forwarders are in a constant juggling act getting all manner of goods from point A to point B. Sometimes the job is best described as simply holding someone's frightened hand By' Tom Baldwin Journal of CommerceJournal of Commerce; FILE PHOTO - 1,057 words
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348 1997-05-16 28 PAGE EuroHansa 6 AEL 13 Evergreen 6 ANl 3 FLBrigW 6 Able 4 famous 7 9 Accord 6 F*rwide 13 Appenship 5 8 Astro 3 FroU M Austral 9 FrtL s Avant 6 Frt wW 13 B'tanq Mas 8 CUok B$A j Gemartrans348 words
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Article14237 1997-05-16 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT CTA ETA Advertiser V Hid Voyage Telephone ETA ETA Advertiser Vestal Voyage Telephone SIN OmTr Name Name Hmw*0( MemOir SIN Deit'n Name Neme Number Nwnber mmmtmmmmmmmmmmmmmmammmmmmmmmmmmmmrnmm mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm B/05 11/06 Cho Yang HJ S FRANCISCO 003W u-trnna A lf/05 0/06 Han»ln a SAN FRANCISCO OOJW 6514,237 words
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SHIPS IN PORT
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Article563 1997-05-16 43 I Voy No Mrth Arrival 0«p«rturt Jmfhrt 9701 J17 «K>ng»d« 16.05/0100 6 H Oitihort ***** J02 ttongstd* 16.05/1200 GuMgytMn 1 JM tfonqsx)* 24.05/1200 **y f 1 JM Hoixjsk* 17.05/0600 AJUm J«ya AITS J03 15.05/1300 16.05/0600 Amw Junto 702* J07 M.06/1500 16.05/0600 M ftiriNM *****7 J01 15.05/1630 16.05/1000 M563 words
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Article1659 1997-05-16 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Soofclng/Mtnco litis SWp Voy No Etb/Btr Ptrlod Fro« To From tal* OWA I7/H00 1 M7H H/ISf H/MOO 4 H/BOO H/MJt H/TTOO *"•> woe J MX *1*9 K..140C 4 H/BOO H/MM H/TTOO *m t" 4 a a/im «.o*5* *.-?»oc 1 mtoo1,659 words
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Article203 1997-05-16 43 May 17 Iran: (TENTATIVE) Martyrdom of third Imam(Ashura). Lebanon: Ashoura. Pakistan: (TENTATIVE) 9th ofMuharram (dependent on sighting of the moon). Norway: Constitutional Day. MaylS Estonia/Latvia: Whit Sunday. Germany: Pentecost. /ndto: Moharram. Pakistan: Aahura. Denmark: Whit Sunday. Nether land: Whit Sunday. Sweden: Whit Monday. May 19 Austria, Belgium, Denmark,203 words
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Article941 1997-05-16 43 THIS report compUtd by Cockatt Marin* 01] Ltd. •how* phot rang** la US dollar* instead of single prlcee for a mora comprehensive description at th* market Price* ahown are baaad on avarage-*liad *tem Market movement* are Indicated The Cock *tt Bunker Prlc* Index chant* «nd the941 words
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Article482 1997-05-16 43 *> X" OJ 16.0 O.II 61 0.06 52i Pwi«T W»Of N«<»o Art AJ—)*, iHtmrn No 160M £25 0 0 3 1 0 0 m/H 380 AM 986.4 0.4 12.6 0.07 32 0.02 uv, MM u. MM la MO 14 W2.9 T.0 17.1 OH II 0.0T WW'482 words
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AIR & LAND TRANSPORT NEWS
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556 1997-05-16 44 Felix Chan - Order believed to be worth USs4oom; Silk Air likely to make announcement soon Byl Felix Chan [SINGAPORE] Regional airline Silk Air has selected Airbus Industrie's A 319/320 family to replace its fleet of Boeing 737-300s and Fokker 70 aircraft. Silk556 words
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174 1997-05-16 44 AFP [NEW DELHI] Air India was to begin a meeting yesterday to choose between Airbus Industrie and Boeing Co for its ambitious US$2-billion (SS2.B billion) fleet expansion plans, officials said on Wednesday. The US-based McDonnell Douglas is also in the race toAFP - 174 words
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147 1997-05-16 44 AFX-Asia [JAKARTA] Minister of Industry and Trade Tunky Ariwibowo said the amount of money needed for PT Timor Putra Nasional's national car project is dependent on the firm's production plans, Harian Neraca reported yesterday. "The question of funds is dependent on theirAFX-Asia - 147 words
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173 1997-05-16 44 AFP [SEOUL] South Korea's second largest auto maker, Kia Motors Corp, said yesterday it is to turn its attention to the European and US markets to overcome poor domestic sales. "Kia's marketing policy will continuously be focused on overseas markets, as the domesticAFP - 173 words
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Article, Illustration223 1997-05-16 44 Reuter [LONDON] American Airlines reiterated its call to the British and US governments on Wednesday to push forward with the necessary approvals for its alliance with British Airways. Its latest call was prompted by the announcement of a newReuter; REUTER - 223 words
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436 1997-05-16 44 FAA wants devices installed within three years The Washington Post [WASHINGTON] The nation's major airlines announced on Wednesday that they would begin installing fire-suppres-sion systems in the cargo holds of all commercial airliners, but they said it would takeThe Washington Post - 436 words
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123 1997-05-16 44 AFP [KUALA LUMPUR] The Malaysian government has named a consortium of local firms to study the feasibUity of a trans-Asia rail link from Singapore to Kunming in southern China, officials said. A spokesman for the transport ministry said the consortium wUI study fourAFP - 123 words
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Article, Illustration366 1997-05-16 44 Marcus Hand - Air freight accounts for about 42-43% of intl forwarder's business here By\ Marcus Hand {SINGAPORE] Americanbased international forwarder Fritz Companies Inc sees the growing air freight market giving it 30 to 40 per cent growth in Singapore over the nextTAN SUAN ANN - 366 words
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LOG Book
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49 1997-05-16 44 Reuter {WASHINGTON] A passenger survey released on Wednesday ranked Continental Airlines die top carrier In customer satisfaction for domestic flights over 500 mil*# for the second year in a row. Frequent Flyer magazine and J D Power and Associates surveyed frequent travellers in January.—ReuierReuter - 49 words
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57 1997-05-16 44 AFX-Asia [HONGKONG] Guoco Land Ltd managing director Tam Lim Heng said the company is part of a consortium bidding for the rights to develop the Kowloon MTR station project He said he could not identify the other partners in the \J consortium asAFX-Asia - 57 words
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Article1489 1997-05-16 44 CITY FUOff ITA FU6HT CTB *I»WH GA890 0015 Hanoi VN745 1300 VM744 MOO Adelaide j S0229 2220 W74I BB VW740 KB Amstarda* S0327 0750 GA890 0015 TG407 2105 TG408 0820 KL837 1455 KL844 0040 MW5 2150 M1896 1815 KL838 2300 AY97 1335 AT96 2135 DL26 23551,489 words
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Page 27 Advertisements
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Advertisement17 1997-05-16 27 Freight forwarders one of the cargo world's miimwiiMi They handle lost undies and other follies. Page 217 words
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Advertisement19 1997-05-16 27 Silk Air picks Airbus to replace Boeing 737-300s and Fokker 70b Order believed to be worth USs4oom. Back Page19 words
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Page 28 Advertisements
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Advertisement1053 1997-05-16 28 ptwict to wm' coast F? i vesa vov raw now u om va su mi mm ok ny mckooty SKE nm wr jjoTiir jShTlvw' m/m h*»l2/m "io/M "io*» —Wm WSB5 —TOTTT7B" H I I If/17 I IS/tJ ST? *10 17 1 I aamax swsw n/B a/5 u/5 i'/5 ii/ 51,053 words
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Advertisement486 1997-05-16 28 Unw eervlo* mprwecned by Mwnb«* of ttw RcgMry of Mwnb«r»of«» AocradMad Shipping Agtnis, Fr«ght Fonwi** B*por» Nrtonal Shipping A—oc Attoctaion. g^Yltllsrf JMMt Speedy and Quality 'C c<wmJV Service to i T EXPORT 3 x Japan -2k Hongkong •1 x Manila •1 x Kooohiwnß. Kaolung (Accoprtng FQ to HOC/NAHA/MNPAI/CaO/tCtt Hi" BP"486 words
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Page 29 Advertisements
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Advertisement1065 1997-05-16 29 TO EUROPE FROM EUROPE Ivtssa voy s« rat ham mv sou uh llvcsa wr m km m sou i* pig »T OOCLGBMANY 3197 17/05 00/04 OS/04 01/0* 03/04 IRAMES *177 24/04 22/04 24/04 14/05 IS/OS ttOUOrQOOANU 5107 11/05 11/0* 10/0* 14/0* TYW 1107 17/04 74/04 01/05 03/05 10/05 MMAPBANGI 11071,065 words
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Advertisement2144 1997-05-16 29 0 HANJIN SHIPPING USA CANADA' |UMH*M/VOT Ml SW g* m TW TOf lot I DTT 0B» |Wt |WH|—IIOS|I»T( |Og XI |m 'til TT( W h-fhustowum u/m u/u u/u ot/m um mm mm u/w vm io/m 11/w u/w m/m u/m lytT ~m7oT ~n/M~ ImT m/m~ monnttumK a/u a/u u/u u/w 13/2,144 words
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Advertisement82 1997-05-16 29 l ORIENT EXPRESS UNES (U.K.) LIMITED ajjfj (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VPSa VOY SIWGAfOWE KMMAY YISSII VOT lOWMY SWGAfOtI S<NAKTO6A 211 20/05 27/05 SINARTOBA 210 12/05 20/05 NOKXAP 411 24/05 31/05 NORDKAP 410 16/05 24/05 LEERORT 918 31/05 07/06 LEERORT *17 25/05 31/05 SINARTO6A 21282 words
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Page 30 Advertisements
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Advertisement1478 1997-05-16 30 <C in Round the World Container Services TO UK/CONTINENT FROM Ug/CQNTPCKNT wr MB HTM MMI HOW IM TABT UM 11MMR Im lUM I WYM IIWV IhAM IFU I Mff JM CMOYAMOCMAMS WF7J4 UN II.M KM 175" IIM KM "775" CMOYAMPAMt em MM BH ON- tI.M IIN UMMMKNATOft WF7» MM DM1,478 words
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Advertisement1101 1997-05-16 30 NORASIAI vovOOA LU ia VAL ALQ ROTRD^AN^FI^LiIA 5SJi2£ EE £2 22 *M 5 m iw n» awe mm VZi 22 li 2 11/ 'w« «MI 2MI m; it* n« 1M 522 S2?yS£r SSI *2 *2 IMI ZU* 01*7 KW7 18*7 ?M» M*7 ?M* *****22T MIS 22 5! IW MJ m?1,101 words
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Advertisement398 1997-05-16 30 |-ia~/VO/?TRAIMS CONVENTIONAL SERVICE TO THAJUND AND MALAYSIA BREAKBUUC, RO/RO AND HEAVYUFT ANY WBGHT THAI FLAG STATUS PWOWTY BERTHS kyimmVMk 10-21/05 20-20/05 2S-M/0S UklxfnniAU OH>S/0* OM*/0* IM3/0S 09-12/0* kik Ixprets V.4OA IHI/0* 10-10/0* 25-l*/05 21-25/0* hk Ixpreti V.SOA 29-01/07 02-02/07 07-00/07 05-07/07 BOOKINGS t ENQUIRIES: re fu ru m J«W«e (tSIUSUOO398 words
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Advertisement1338 1997-05-16 31 VBBBSL VOY UN MU TpKQ PCN TjKT aur MAM VAHOAT PJL-1237 24/05/97 23/00/87 22/00/97 04/00/87 02/06/97 MAN YAM(N PJL-1228 10/06/97 20/06/97 MAN MOWN PJt- 1240 OMMT 06/06/97 18/06/97 16/06/97 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN, UZBEKISTAN. TURKMENISTAN. KIRGISTAN, TADZHIKISTAN A GEORGIA1,338 words
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Advertisement1579 1997-05-16 31 Tah mt 10 AUSTRALIA 4 VUNONHOM I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****0* OUTWARD (1/1) 4205*02 JONORE OfFKI; I COSTAR SHIPPING PTE LTD #t7-o«DKitO6 sales/mgs 4205*41/41 inwaid kpt (D/o) *****15 COSTAR AGENCIES (M) SDN BHD |_gWO= II7t7IWWMi TOWB TWO (06M09) CONVENTIONAL 4205*50/55 T/SHPMT PEPT *****251,579 words
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Advertisement412 1997-05-16 31 A_/_|PERKAPALAN DAI ZHUN jf TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KiKMMt-fASTtST TUMSUA7 JWAU-MtHHUTT BifTW/l/ HO CHI MIHH-MBKATtt A 6GOOH ***** 22/05 f GIWII 0743 21/15 C f GNKKK 9709 21/05 WHO fTIII »/W GIWI »71M GWUAT A412 words
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Page 32 Advertisements
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Advertisement1235 1997-05-16 32 sap RDM ANW M6G THP ZEE LHV IHV THP ROM AMW H6G PKL UP I. RENOWN RW-823 17*6 (Mi 11*8 87*6 08*6 18*6 11*6 E. GIVEN RE-067 26*4 2MM 223* 24*4 2V04 IMS t1« RESULT RW-81J 24*6 13*8 IMS IMS IMS 17*6 IMS E. SIFTEO RE-SSI 28*4 81*6 36*4 SMS1,235 words
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Advertisement974 1997-05-16 32 lix^orr VDS& VOTAfit WWItMIMMIMTW VISSII VOTMM MM M 4 AM MM IAM SOT f mamm MSMVW tw OIAH oi/ot m/ 04 ov» Mk w% os*4 UHOUIT uamt mas MAS OS*5 m*S O;*S i»*s I imcmom n*s m*4 m*4«*4 itvw 11*4 mam 17*4 mama wsm* ii*s ivm 71*5 I FCX to974 words
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Advertisement404 1997-05-16 32 NANTAI LINE j FULLY CONTAINERISED SBtVKZ TO MAURITIUS SOUTH AFRICA vissa I vot sw Imi Idw err mmma row iw hh m mmma oiss 17/pt mmYBMS o?os 11/ M 21/ M km n/u oiss n/u M/P7 m/»7 iz/p mm moss >iss n/u 17/iy i\/v mWOUffll WIS IZ/P !l/p 7i/v mm404 words
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Advertisement546 1997-05-16 33 BSfl x mm MYANMA wBBk FIVE STAR UNE (Myaaaor NoHoml Um) W Loodlaj for Yoigo* (Racoon) VtSSU VOT SM PK6 PfM POU PMYA 144W KB PAfiAM 244W 23/05 MALAYSIA AOWTS; OOUSTUD SMPPWC AGOKKS KUL HI 02-03-*****00 PKL 1R 02-03-*****01 ret m *144-it ***** POO: 111 02-07-*****21/4 BANK LINE (A iNvki546 words
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Advertisement1203 1997-05-16 33 |A HYUNDAI I MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 1 I M I I sm um I m 1 tw I »Mi |mi I 25/04 25/04 24/04 Ml NMNMSS 304W 27/04 14/45 15/05 17/05 17/0S 17/05 20/05 02/05 02/05 03/05 Ml OAtON M4W 04/05 11/05 22/05 24/051,203 words
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Advertisement521 1997-05-16 33 I f(g FAMOUS CONTAINER LINES 7fy— 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 OARUL EHSAN MALAYSIA TEL' 603-*****33 (20 LINES) FAX: 603-*****33 (05 LINES) COMPREHENSIVE SAILINGS TO AND FROM521 words
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Advertisement1251 1997-05-16 34 fANQKQ* ft KILAHQ VESSEL VOY SIN BKK VESSEL VOY SIN PKL NANTA BHUM 345N "it 17/06 Tua 20AM JAWU BHUM 733» Sat 1 ANANBHUM MM Sun 18/06 Wad 21/06 BUNOA SEROJA 7111 Sun 11/06 Mon 19A)6 YANTRA BHUM** 188N Sun 16/06 Wad 21/06 BJMAS EMPAT 7666 Bun 18/06 Mon 19/061,251 words
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Advertisement488 1997-05-16 34 JyE PUL INTERNATIONAL LINE PUL INTERNATIONAL 1 liy «|g— mm*. VH I VOT I SJM I JKT SAI I (MMiiM I tit I ly/iH cat I 11 /i< mw> I iT/<k IMi I i»7Mllfliil M7M m Gyiti 1 HP 1& mm** jUSJgflllZlgllfflßll ■aim Tjr- TT7fr w -»7in«r—-s)* SEMMANG 1 SLG/V*488 words
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Advertisement640 1997-05-16 34 A ACCORD II SHIPPING PTE LTD TH. s *****56 (40 Imm) PAX *****46 POT rimr /jn M 7 ltsl m M WtfCT ACCESS TIL: 22SSSS7 (EXPORT SOOtCING) MM SIMM C7)U)\V7 2255M7 (EXPOST DOC), *****64 (IMPORT) rmiflT (04) W1441 ÜBUHTTP:/ZWWWACCOMD.COM.SO AUUffU (71) 4*4 477% HA SIM "Tot! ITA SIM PORT ITA640 words
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Advertisement464 1997-05-16 35 a I Wt#kly LCL A FCL m IODICaI Services to Caribbean it hipping A Central ArTverka APIPHUW€S~| API CHINA °l 3 018 Port Country 21/05 28/05 Belize City Belize 24/06 01/07 Bridgetown Barbados 27/06 04/07 Cartagena Colombia 26/06 03/07 Castries St. Lucia 26/06 03/07 Fort de France Martinique 27/06 04/07464 words
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Advertisement679 1997-05-16 35 C PACIFIC INTERNATIONAL UNES (PTE) LTD^ 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO" **********06 I BE" US! 111 l IH ISi 8 M\ ffl&u 181 ar, ,b. w a« a iFt aar hb-m- ia ii i i i i i f jSpUfißj fittlJ !A_ IV/* 20/*679 words
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Advertisement816 1997-05-16 35 VESSELS WY I I JB) I PBD 1 Lffl HAM RTM THP AMR V*l£ D AQUARIUS uaow 22/06 31/06 02*06 11/Oe 12/06 14/06 16/06 WO6 VB-LE D'AOIM.A A2OW 26/06 OW6 OM6 16*06 IM| 16/06 IMB 20/06 VMXE 06 CWm C3DW 02/06 11/08 13*06 22/06 2VOC 2SU 26/06 27/06 V*iE DE816 words
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Advertisement45 1997-05-16 37 To retrieve more schedules, just follow these simple steps... document Aiial 740-6000 tep be faxed j|C~ M the port Step key in the four number 4ldigit code Key in your Exampto: r-L, fax number To NEW YORK (NYC) 2275 for calls within Singapore United States45 words
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Advertisement75 1997-05-16 38 SHIPPING CO, LTD. MULTI-PURPOSE VESSEL FOR RO/RO, CONTAINER t BREAK BULK CARGO Yissii Ivor |pi| sw I jit Vu Ih 1 jh> HAWS PACIFK S 45 25/05 27/05 !f/tS 11/04 02/04 jgg FtHGU 171 04/14 If/06 DiLPHIMUS )S 01/04 10/04 12/04 IS/14 14/14 24/04 VESSEI YOT SIM PI B "jjlil75 words
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Advertisement111 1997-05-16 38 jf ■■■]> P.I PERUSAHAAN PHAYARAN KALIMANTAN j DIRECT WEEKLY SERVICE TO JAKARTA/PAIiMBANG V«ml Vay fTA/n» DESTINATION IACHMANUfI 111 4/t7 It/20 May Jakarta/Poiambortg lACHMAJIUH I 1/97 24/24 May Jakarta/PoUmbong IACHMANUfI H S/*7 M/SI May Jokarta/PaWmfaong RACHMAHUfI 111 7/97 01/03 Mm Jakarta/PaUmbang SURAIAYA/PAN JANG CAIAXA JAVA MA6A H/2# May PM|Ma/larataya MA6A 22/21111 words
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Advertisement104 1997-05-16 38 M KAWASAKI KINKAI KIBEN KAISMA. LTD. JAPAN/ HOgQ KONG STRAITS •'pore P.Oudang PKiltog Ptning EXCEED 1 n 17m IMS AMRTAJAVAin I1«0 IMS uon heart ri« nm nm jupiter ace nt nm nm ORIENT KIM va 01/00 MM TWINKLE ACE VOO MM MM CR NO **********0Z SPORE AB SHIPPING PTE LTD104 words
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Advertisement115 1997-05-16 38 LINE OVBS£AS HAHSPORT CO, UD. MAURfTWS KL TO INDIAN SUI-CONT/ARAWAN GULF/OS msa vot sm mm dii SMAITOU 111 M/0S 17/05 ALSO ACCEPT TO: mtmtr «ii »4/os Ji/05 OKSMT COM 6WW 24/05 04/0* W SAW NNMM 6W71 17/05 00/01 «A»tt 400A5, SOU »U iHior ou 11/05 07/0* Kimui suuoqma. VtUMOUOAI 6WI!115 words
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Advertisement49 1997-05-16 38 FULL CONTAINER SERVICE OPOUSH OTFAKJ TO! POtAND <o°™*) yttAN RUSSIA (MOSCOW) CIS PORTS INCL ESTONIA LINES LATVIA, LITHUANIA, BELARUS, UKRAINE Siippimq 1™ SW HM tow"! WtttBMOISWIi 11/W ||/W LINE llwutgwmyia >!/»* H/H H/H "DAILY FEE DC R CONNECTIONS Ft OH HONG* ORG I* Nrnfai, ZMwt Zlii»|ib«. Kmmm, Mpto* Iti M49 words
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Advertisement460 1997-05-16 39 I VESSEL VOY SIN MAA SIN TKjERBAY 536N 16-17/06 212 M» 30-31/06 TIGER WAVE 536N 20-21/05 2S-2505 02-0306 TIGER ISLAND 537N 23-2405 28-0106 0&07/06 TWER BRIDGE 538N 26-27/06 01-04/06 09-1(106 TKjERBAY 539N 30-31/05 04-0606 13-1406 TIGER WAVE 540N 02-03/06 08-1106 16-17/06 I VESSEL VOY SIN CAL SIN TIGER RIVER 282CN8460 words
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Advertisement701 1997-05-16 39 FREIGHT LINKS EXPRESS I 62 Toh Guan Road, Singapore *****1 Tel: *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg CONSOLIDATION SERVICE ARGENTINA ETD SIN SOUTH AFRICA ETD SIN BUENOS AIRES 19/05 CAPETOWN 22/05 CHILE ETD SIN DURBAN 22/05 VALPARAISO 19/05 JOHANNESBURG 22/05 GREECE ETD SIN SPAIN ETD SIN P'RAEUS 26/05 VALENCIA/BARCELONA701 words
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Advertisement805 1997-05-16 39 1 000 tSinqqpore) Pie Ltd CFS Kepoel PtstrpkpTßyi g —gb^, 79 Aasaaßaatf #11-04 (S) 07*0* Mk Sl3 #01-121 I mmty f(£\ V a MO IUWHIM M 272 7827 MM ]AC j W: *****13Fm 221 3*2 f«i: 272 7125 NORTH AMERICA USA/ CANADA <> ANSTYAUA TO USA SGf SfO OAK CHI805 words
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Advertisement602 1997-05-16 40 SAMUDERA INDONESIA (S) PTE LTD ■■P" 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****6 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR HO. IM7MMOMO BOOKINGS CALL-DIRECTLINE: *****41/43 JESSICA/CELIA/MEI CHAN 7 SLGS/WEEK 3 SLGS/WEEK VESSEL [VOY [m pAK [VESSEL IVOY [SIN ISUR SMAR JAMA 929 17/05 (SAT) 21/05 (WED)602 words
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Advertisement1271 1997-05-16 40 I I"| YJinr Mi>r mf TVWCt WEEKLY EVERY THURSOAY/SUWDAY l'l:M:U ARRIVAL FIXED DAY-MONDAY wsaa wr rth hah fit i& mm «na hoy lb* fit ham am mfa m NORMAMKBR J7IBW I 1106 12MB 3MB 31/05 02AJ6 MALACCA BROGE A7I2E SLD SLD SLD SU) SU) IMB MINGSTAfI A7I9W I IMB I1,271 words
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Advertisement406 1997-05-16 40 Singapore Soviet Shipping a&Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN VESSEL VOY SIN BOM TRADE FAST TFSIB7 17/06 2ft/06 MEKHANIK KURAKO MK32N 23/06 31/06 KOTACAHAYA CAHI63 26/06 03AM SEA SCCESSI 06N 28AM 06AM 111 ANNOUNCING REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA VESSEL VOY SIN BOM/N.SHEVA I TRANSOCEANIC 06-07 15/06 30/06406 words
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Advertisement1320 1997-05-16 41 ASIA MgXHRRANEAN IXPRiSS (AMI) WISTBOUNO StKYKJ > I VtSSII VOY SIN Ott MIA GtN »CN LfH ANR F& MSC AIEXA 9719-3 21 MAY 25 MAY 04 JUN 06JUN 08 JUN 11 JUN 12 AJN 13JUN 1 MSC CAR LA 9720-3 28 MAY 01 AJN 11 JUN 13 JUN 15 AJN1,320 words
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Advertisement1295 1997-05-16 41 B£si!; 11 WIW1S1IS \h IS (XL SXMANT 3117 1105 IMS 17.05 010* 010* 05.0* Ot.O* IK. AM 4177 1105* 14JH 1104 MM i«M MM IKUMI '107 2IJS* TIM- 2105 10.04 110* 14.0* 010* rOC JO7 «S* LM mm mm IRLAMIDIM WO7 2105* 2105' 2105 0100 10.0* 110* 11M AFLBKIHA 1171,295 words
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Advertisement565 1997-05-16 42 OSINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE iSINOTRAIOsI S (*****7). TEL: *****90 FAX: *****98 WM4JT* TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SIN ETAHKG ETA SHA G- LUCK 97! 2 16/05 21/05 25/06 0- GLO«Y 9714 23/05 28/05 01/06 G- WELL 9714 30/05 04/06 08/06565 words
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Advertisement396 1997-05-16 42 ■Ltfl MAC-NELS STORE M'SIA [TTTTTI Carrier: MN CONTA LINES, MC susssr s&swsu* ss^esiss. P KELAWQ: (03) 3f1C877 JKTi (M) *****07 MDN; (81) 8440 EX PORT KELANG TO HONGKONG MV "GLORIA I V. 719N ETAPKG 18-5-97 BKO CALLs HltW/ VIVItN/ CHIRM. TML (03)*****77 ADEUUDE/SYDNEY/MfLBOURNE" AUCKLAND MV "BYRON BAY" VOSS MV "NfW396 words
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Advertisement208 1997-05-16 42 Established freight forwarding company is looking for suitable applicants who are below 35 years of age with GCE 'O 4 Level. 1) Marketing Executive Good track record Experience in shipping/freight forwarding 2) Import/Transhipment Executive Import and transhipment knowledge With Tradenet Portnet knowledge 3) Tele-Marketing Co-ordinator Experience in freight forwarding 4)208 words
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Advertisement140 1997-05-16 42 f PAH FORTIME SLD 22/06 RdnVAtv*BmnUKAto OENBULK 1(y06 RdrrVA»wAJK/N»> SAMMI FORTUNE 15*00 2V06 RdnVAteUK/Ntt Loads EVW. inrlnnwH I J- KAPTANOGLU Hodatda^JaddtfVAqaba/Egyj* I SEA RENOWN Hod«dattJ«cttah/Aq*M/Egypt I Di**i/Doha/BahrelM)enmmWuwi* AMILLA [>Aai/DemrTwVß#v*VKuw^l A. KIRAN Oubai/DammaiVßahrafrVKuwtit tx>ad» StnQ>por». E7W. Matayw. Indorwta H* i A, o ti (|ii fvtmmTtMrt—ii■ >r NortoJk/Camden LxxAng^^l >w Qrt—nQirtitn)/ I140 words
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Page 43 Miscellaneous
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Miscellaneous116 1997-05-16 43 LEGEND: R Thunderstorm Temporoture c X\ V Shower Weotber Wind direction with speed m knots Rom Cloudy Sky Wov Serfoce wind* or* mdxoted by arrows wkidi «y with tfce wind One M arde represents cafcn or light and vonoWe winds i_ On# hotf Heche represents 5 knots L» One full116 words
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