The Business Times, 20 May 1997

Microfilm: NL20884
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 Internet: http://www.asial.com.sg/biztimes SINGAPORE TUESDAY, MAY 20,1997 85c
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  • Article
    MARKET SUMMARY
    63 1 Qfln iff 2060J4 (-9.56) anm I6BJB (-6.52) g STOMP BTMQA •6415 (-8.91) Q MARKET MOOD: mm Mixed fTOCKMAlIETlMMCBB Monday Change KLSKCQilP I.MIJ9 -0J2 NIKKR 2tim.7l.~A 166.02 RANG SENG 14.1«L81_ +-«.45 SET INDEX I77.W +IOI JAKARTA COMP V" -*f MANILA COUP mill M.77 TAIPEI WPI 8i,l«A4 4U» SBOTI.OOJIP fU*
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  • Article
    FINANCE
    56 1 BXSME1ATCS us$ St m$ 1438 S LOI 2JK2 Of ISM 1*7 rww <L8B» tin MS— AMI 9J?6 IKS #.I8§ nAfft am—ik§ HIPIAH1M AMI MM finauTm SiWAPOBP ...144 KUA1> LUMPUR. JJO bSSgOK zzzzSS MANILA 118» TAffH- Z 9M snm 6.00 TOWO IM zmuar* nwNsrosr** u» —HZL. a5 'ATCn*gft2bu*s "FN CnKrai
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  • Article
    Latest HDB moves may boost resale, condo markets
    871 1  -  Higher levies make it unattractive for HDB owners to buy second new flat analysts By, Ang Wan May, Abdul Hadhi [SINGAPORE] Demand for HDB resale flats and lowerend condominiums is likely to be boosted by the latest measures to shorten queues for
    871 words
  • Article
    MAS tells financial institutions to deal with Millennium Bug
    483 1  -  Failure to address problem could lead to legal suits, it warns By I Conrad Raj [SINGAPORE] THE Monetary Authority of Singapore has called on financial institutions to review their computer systems and has issued guidelines to ensure that financial institutions here
    483 words
  • Article, Illustration
    Lock icon Property stocks holding up reasonably well
    240 1  -  Prices in the short term said to have discounted bad news By] R Sivanithy [SINGAPORE] Property stocks yesterday held up reasonably well following Sunday's new HDB rules. "It looks very much like prices in the short term have already discounted the bad news," said
    Source: Bloomberg  -  240 words
  • Article
    10-year bar may push upgraders to private property
    473 1  -  Analysts note the cash liquidity of HDB upgraders By, Abdul Hadhi [SINGAPORE] The new 10year waiting period for a second new HDB flat may goad HDB upgraders to opt for private property after five years, say the more bullish analysts. A key
    473 words
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      106 1 Dl SIDE Tbe worst is over ti I Thailand has weathered fee wont of its recent economic downturn. 'Everything is still all right... Be patient,'said Prime Minister Chavalit Yongchaiyudh, Pgß MEWSYALOE Ij»Smtoiit>witfaasS* pg 17. Intra-day price movement was rather typical of first-day trading. Profit* 3f% U $2m, pg 18. Earnings
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      Page 1 Advertisements Column 2
      18 1 KFC boss quits GEORGE TING, CEOofKFCBhd, has resigned, raising questions over the company's lucrative franchise deal, Pg 18
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      Page 1 Advertisements Column 3
      137 1 Hmt **]Z^B^fel a ,a^^^^^^H|[^Bß HHHH^^B9«^G9g |7V>| f HnV fBwBBBKJ ;HH I BtBnmM^MHHB K'' *•«_> DICKSON WATCH 6-JEWELLERY(S) PTE LTD &£it&&B I A *Wl* owned ujbwiarv of DCKSON CONCEPTS (INTERNATIONAL) UMfTED I AitiMrliMl Dtiltn v s££E2 a trssz •ttsstr--* •!t&ttgzr ,mmm t Ctntrapotnt T.. 7545.22 HAI Ttva Tal: TO MM w"
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Partners' ties improving at Sino-foreign ventures
      446 2  -  S'poreans the least satisfied with overall performance of their joint ventures, says NUS survey By Audrey Tan THINGS have improved at Sino-foreign joint ventures in Shanghai and Wuxi, judging by the results of a survey conducted by the National University of Singapore. The survey
      446 words
    • Article
      Lock icon Ex-GIC exec gets 9 years'jail, to pay $2.4m penalty
      347 2 The Straits Times FORMER Government of Singapore Investment Corporation (GIC) manager Eddie Taw Cheng Kong was yesterday found guilty on eight charges of corruption after a 15-day trial. District Judge Adab Singh sentenced him to a total of nine years and
      The Straits Times  -  347 words
    • Article
      Corrections and clarifications
      108 2 YESTERDAY'S report of a study by The Asian Banker Journal (ABJ), which was headlined "Singapore has most bankrupts per million people in region", said that banks in Hongkong used gangsters to collect debt. The ABJ has clarified that its research did not in any way suggest that
      108 words
    • Article
      S'pore to be RPR's Asia-Pac base for bulk pharmaceuticals
      503 2  -  Group to concentrate manufacturing of main ingredients here By] Ronnie Lim (SINGAPORE! Franco-Ameri-can group Rhone-Poulenc Rorer (RPR), which has just committed to a second major plant investment here, will use Singapore as its Asia-Pacific manufacturing base for bulk pharmaceuticals, its senior
      503 words
    • Article, Illustration
      Lock icon Retail sales up 12.7% in March
      293 2  -  EYE ON THE ECONOMY Commerce By i Christopher Tan AFTER what was the biggest slump in over a year in February, retail sales rose 12.7 per cent month on month in March. Figures from the Department of Statistics showed a 1.5 per cent year-on-year
      Source: Dept of Statistics  -  293 words
    • Article
      Economy's second-half recovery still on the cards: EDB chief
      390 2  -  By Jennifer Lien A SECOND-half recovery is still on the cards, based on a strong supply of new manufacturing projects, a tight labour market and optimistic business expectations, Economic Development Board chairman Philip Yeo said yesterday. "Our view is that there
      390 words
    • Article, Illustration
      APB opens US$66m brewery in Hainan
      352 2 MAINBOARD-listed Asia Pacific Breweries (APB) yesterday opened its US$66 million (5594.5 million) joint venture brewery in Hainan, which will make the company's famous Tiger and Anchor beers. The brewery, Hainan Asia Pacific Brewery Company (HAPCO), is a joint venture with China's Hainan Brewery Company
      352 words
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      Page 2 Advertisements Column 1
      136 2 w "Dean Sweet&cewt, I T'Vdlt till U6CC 4€C fi*A<tt W A/rffl/rffl &<%H(C vvv r W "Vi"%* r *V WWwr Ir »rVf P» tado/fl s4td you tfoccyAt uac could newt 1 it. 't Celt tUc facU> ju&t yet. *&6#C. 'f t "P.S. TKeHt/Uy iM&toltKCHt t. tutty $f ,500' t €t*d '79C<IJcL<X
      136 words
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      Page 2 Advertisements Column 2
      10 2 Young Parents -When you want the best for your children
      10 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      285 3 Centennial T O W B R ma M ■iimSMmmbmJM w gi« ■>■■! hi g2iiii^^MHMBMHMP Ha■ mi M i" >*> al iuits u VMHHaHHHHiniaiiiiiHiiiiiiglSmnHMHiHiHH Ml nil! Bold, Distinctive and Inspiring is how some would the spectacular works of Roy Lichtenstein, Frank Stella, JJJJJJ ill Attention to detail ensures a quality finish
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Tips for house hunting overseas
      2135 4 Property prices differ dramatically from city to city. A mansion in one city may not fetch even a small flat in another. Here are some home truths Sunday Morning Post [HONGKONG] IN A fashionable New York City neighbourhood, a two-bedroom apartment with a terrace costs
      Sunday Morning Post; FILE PHOTO  -  2,135 words
    • Article, Illustration
      HPL's Pare Stevens condo units to go for $1,650 psf
      577 5  -  Lower-th&n-expected price is below that of Chelsea Gardens and Gardenville nearby By Jenny Lam [SINGAPORE] Hotel Properties Ltd (HPL) will be launching its Pare Stevens condominium in Stevens Drive at a lower-than-expected average price of $1,650 per square foot a
      577 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      51 4 Collective Sale By Tender Large Freehold Residential Site At Clementi Park, Sunset Way rea; flow" *2,535.6 sq m (134,933 sq ft) Town Planning: ot Rat* o 1 -4, 4-storey H [propwtj pL Tender closing: s Hr,™ 17 June 1997 at 3pm /o/ CLEMENTI fT r< ci r R /7 NEWTOWN
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      Page 4 Advertisements Column 2
      38 4 Modern Factory At Paya Lebar Area 7-storey industrial building with advanced automated features and ample parking facilities Built-in Area 237,000 sq ft Land 95,000 sq ft Tenure 30 +30 yrs from 1990 Ideal for Corporate HQ Available Immediately
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      61 4 Raffles Place Office For Sale Tenure 999 years leasehold Floor High floor (sea view) Floor Area Approx 8030 sq ft Remarks 1 minute walk to Raffles Race MRT station. Vacant possession to be negotiated. Rental yield of approx 4% nett. Undergoing retrofitting. Anthony Seah Tel: 224 8181 Fax: 221 2232
      61 words
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      8 4 Home Decor For people who love their homes
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      272 5 LJhLUIILSBB For Sale By Tender Prime Orchard Road Office Building I mM i I UOL BUILDING Freehold Naming rights Next to Somerset MRT station 1 il committed vj j; I] established tenants JM f ***** l Ml L, J| Regular floor plate (6,000 sq ft) iai Strata subdivided (81,892 sq
      272 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Economic package seen easing pressure on baht
      519 6  -  BANGKOK 26b baht to be topped off 1998 budget, 50b baht stock rescue fund set up, rates cnt By. Alan Boyd SELLING pressure on the Thai baht is expected to ease following the release of a monetary package designed to kick-start the ailing
      519 words
    • Article, Illustration
      Lock icon Worst is over but be patient for economic recovery: Chavalit
      337 6 BANGKOK Reuter THAILAND has weathered the worst of its recent economic downturn, and while recovery is imminent people must be patient, Prime Minister Chavalit Yongchaiyudh said yesterday. Mr Chavalit said he had confidence in his government's ability to bring the
      Reuter; REUTER  -  337 words
    • Article
      Lock icon Moody's ups rating on Philippine foreign debt
      431 6 MANILA Agency says economic reform means better credit worthiness Bloomberg MOODY'S Investors Service raised its rating on the Philippines' foreign debt by one notch to BAI, a step below investment grade, signalling a vote of confidence in the country's beleaguered financial markets. The
      Bloomberg  -  431 words
    • Article
      Lock icon Asean Investment Area to be launched by end of next year
      361 6 KUALALUMPUR AFP ASEAN aims to launch an open investment area by the end of next year as part of the region's free trade plan, a Malaysian official said yesterday. International Trade and Industry Deputy Minister Kerk Choo Ting said
      AFP  -  361 words
    • Article
      Lock icon Ericsson cleared of impropriety in Telekom bid
      217 6 KUALA LUMPUR AFP SWEDISH communications giant Ericsaon has been cleared of alleged Impropriety in the award of a contract by state-owned Telekom Malaysia Bhd, a senior Ericsson official said yesterday. "The information that we have got no wrong has been done. As far
      AFP  -  217 words
  • Page 6 Advertisements
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      234 6 Thai loan crisis: no panacea in mergers, Pg 8 THESE DAYS SINGAPORE AND THE U.S. SHARE EASY, CONVENIENT CONNECTIONS. NAMELY, OUR DAILY FLIGHTS FROM SINGAPORE TO MINNEAPOLIS/ST. PAUL AND DETROIT. V > ..*1 1.• JL 1 (f. s ..-I* New York ""''s *s B X Philadelphia jj Detroit 0 c
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      83 7 top executives seldom agree on what markets to invest in, which financial instruments to select and when to make the right moves. At least there's one thing they can't argue about. Their choice of hotel. The Millenia Singapore. Vot^d."Best Hotel in Singapore" by Asiamoney. iuJu i» o Uij»Or K y
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  • FOCUS
    • Article, Illustration
      Thai loan crisis: no panacea in mergers
      1111 8  -  Unless Bangkok tightens the operating rules for finance companies, the industry may be headed for an even bigger crisis in the future, say analysts By] Harish Mehta [BANGKOK] THE Thai government may have to spend the equivalent of US$lO billion (5514.3 billion) to
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      408 8 If You Are Looking For Business Connections In ASEAN, Who Do You Turn To? Whether it is joining a trade and investment mission or a simple contact opportunity with business leaders, the ASEAN BUSINESS FORUM is just a phone call away. With vast resources of information and directories of the
      408 words
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      10 8 Singapore JL hpiving I 'you |jj US the U winning
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  • CHINA – HONGKONG – TAIWAN
    • Article
      Lock icon No fee on foreign business news vendors
      248 9 BEIJING Bloomberg CHINA is dropping plans to Impose a fee on foreign financial information vendors, relying on other means to regulate their business. The decision to drop the fee "came from superiors", said Wang Wenlian, director of the Foreign Information Administration Centre at
      Bloomberg  -  248 words
    • Article
      Foreign brokers in HK may move research to Taipei
      385 9  -  TAIPEI Soaring costs, rather than political fears, the main incentive By] Bruce Cheesman SOARING overheads in Hongkong have forced many of the territory's top foreign brokerages to consider moving their research departments for "China play" stocks to Taiwan. Nearly all the
      385 words
    • Article
      Lock icon HK may invest some reserves in China
      168 9 MANILA Bloomberg HONGKONG'S No 2 official yesterday said the territory's incoming government may invest some of its US$64 billion (Ss92 billion) of foreign reserves in China. While the law governing Hongkong stipulates the territory win have control over its reserves after it reverts
      Bloomberg  -  168 words
    • Article, Illustration
      Lock icon From Beijing with love
      17 9 yesterday. The train completed the journey in 29 hours and 40 minutes. AFP
      AFP  -  17 words
    • Article
      Lock icon Taiwan gets tough on foreign policy
      129 9 TAIPEI AFP TAIWAN yesterday stood firm on its foreign policy after cutting diplomatic ties with the Bahamas in a bid to stop a domino effect among its diminishing group of allies. "This marked the first time the Republic of China (Taiwan's official title) took
      AFP  -  129 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      323 9 The university of hull "One of the most established in Singapore!" Hi MBA WSmam Singapore 21st Intake July '97 I FIRST to offer TQM and a Systems Approach to Creative Problem Solving FIRST to offer Entrepreneurship and Project Management as core modules Completion in 21 months 312 27 May 97
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  • ASIA
    • Article
      Lock icon Tokyo PM denies link with Nomura
      225 10 TOKYO AFP PRIME Minister Ryutaro Hashimoto strongly denied a press report yesterday he was among Japanese politicians and bureaucrats who had been given financial benefits by scandal-hit brokerage Nomura Securities Co. The weekly magazine Shukan Gendai published names which it said were on a
      AFP  -  225 words
    • Article
      Lock icon Japan's trade surplus soars 163.7% in April
      395 10 TOKYO But growth may be capped in 2nd half because of strong yen, domestic demand Reuter JAPAN'S contentious trade surplus rose dramatically in April, and though more rises are expected in the months ahead, the surplus should be kept in check by a
      Reuter  -  395 words
    • Article
      Lock icon Hanbo: 20-year term sought for founder
      484 10 ■SEOUL Prosecutors want 5-8 years for 10 others involved in scandal AFP, AFX THE prosecution yesterday sought a 20-year prison term for Hanbo Group patriarch Chung Tae Soo, and sentences of five to eight years for his 10 co-accused in the loans-for-kickbacks scandal that
      AFP,; AFX  -  484 words
    • Article, Illustration
      Lock icon Hero Murphy – after donkey's years
      62 10 Hero Murphy after donkey's years (CANBERRA) Deputy Prime Minister Tim Fischer (left) posthumously awarding the Purple Cross to a donkey named Murphy at the Australian War Memorial in Canberra yesterday. The Australian army donkey mascot, Simpson, accepted the medal on behalf of Murphy for bravery during the World War I
      REUTER  -  62 words
    • Article
      Lock icon Kesri under pressure; Sonia urged to lead Congress
      374 10 TOKYO Bloomberg [NEW DELHI] India's Congress (I) party, smarting under corruption scandals and its worst electoral defeat in more than a century, is facing yet another leadership crisis, newspapers said yesterday. They said pressure was mounting on party president Sitaram Kesri to
      Bloomberg  -  374 words
    • Article
      Lock icon Tax system needs to be reformed: premier
      179 11 CANBERRA Reuter AUSTRALIAN Prime Minister John Howard, in his strongest comments yet on tax reform, has said the Australian taxation system would have to be reformed at some stage. "I wouldn't yet start getting time specific about that, but there's no doubt that
      Reuter  -  179 words
    • Article
      Lock icon Benazir served with subpoena during US visit: report
      146 11 WASHINGTON AFP FORMER Pakistan premier Benazir Bhutto was served with a subpoena during a US visit this month to testify in a case involving the US campaign finance scandal, Newsweek reported. In yesterday's edition, the weekly said Ms Bhutto was served by
      AFP  -  146 words
    • Article
      Lock icon Howard threatens early election to faze opposition
      437 11 CANBERRA PM may force general election if Labor continues to block government plans Bloomberg AUSTRALIA'S conservative government has started talking about an early general election only 14 months into its initial three year term after running into problems with a number of controversial
      Bloomberg  -  437 words
    • Article
      India's VCR makers reel from cable TV industry's inroads
      311 11  -  NEWDELHI Sales plunge as consumers switch to cable TV programmes By: Rajendra Bajpai INDIA'S video cassette recorder (VCR) makers have been dealt a mortal blow by the country's thriving cable television industry, according to manufacturers. "There is no demand in the
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      436 10 ITfJ-l^lLand Keppel Land Limited I (Incorporated in the Republic of Singapore) Notice of Annual General Meeting ALL MEMBERS ARE CORDIALLY INVITED to attend the Annual General Meeting of the Company which will be held at 230 Victoria Street #15-05, Bugis Junction Towers, Singapore *****4 on 25 June 1997 at 10.00
      436 words
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      Page 10 Advertisements Column 2
      120 10 company on the stock exchange? I That's good news to over 2 million readers! '"*m^fe "S BL I Bfj- and it is to the company's advantage to J s !a/; 3* wiiiiim I 5? a n I :w J build up awareness of its corporate s 2 »/B million or
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      157 11 <&—= Christofle Paris 9 Mg r Mi Pavilion Christofle The Shopping Gallery, #02-11/12 Hilton International Singapore, 581 Orchard Road, Singapore *****3. Tel 733 7257. Espace Christofle: Robinsons 176 Orchard Road, Level 4, Centrepourt, Singapore *****3. ImUb Scotts Level 4,350 Orchard Road, Shaw House, Singapore *****8 Tugs Basement, 310 k 320
      157 words
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      Page 11 Advertisements Column 2
      303 11 Call Sentosa LES Access Code 210 for MPLUS |IBb^ EELING LOST. A LITTLE HELPLESS. IT'S TO j EXPECTED. YOU'RE IN A FAR AWAY LAND. BUSINESS lUN. DEADLINES TO MEET. PEOPLE TO ANSWER TO. And you j cannot make key decisions because mSy° u cannot even make contact. No Jgi: Jkl
      303 words
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  • THE WORLD
    • Article
      Lock icon Top UK regulator calls for reform
      405 12 LONDON London needs more efficient markets, accountability for directors: SIB chief FT THE chief regulator for the UK's financial markets will this week call for wholesale reform of the City of London's regulatory system. His proposals are intended to improve efficiency of markets and
      FT  -  405 words
    • Article, Illustration
      Lock icon Yeltsin backs govt's economic reform plans
      334 12 MOSCOW Reuter PRESIDENT Boris Yeltsin went on the political offensive yesterday, throwing his weight behind his government's latest economic reform plans and moving to defuse communist opposition to last week's accord with Nato. During Kremlin talks with Prime Minister Viktor Chernomyrdin, First Deputy Premiers
      Reuter  -  334 words
    • Article
      Lock icon Tobacco firms fume as UK acts to ban ads
      259 12 LONDON Sports worst hit are motor racing, cricket, snooker AFP THE future of some of Britain's top sport events was cast under a cloud while tobacco firms were left fuming yesterday when the government vowed to outlaw sponsorship of tournaments by
      AFP  -  259 words
    • Article
      Lock icon Chirac heads home from China ready for polls battle
      463 12 PARIS He can boast of USsl.7b deals bagged in Beijing AFP PRESIDENT Jacques Chirac was due back in Prance yesterday, a week before elections, carrying a bagful of contracts from China and fresh from high-level talks in Moscow with President Boris
      AFP  -  463 words
    • Article
      Lock icon Clinton expected to renew China's MFN status
      219 12 WASHINGTON Reuter PRESIDENT Bill Clinton, firing the opening shot in what is expected to be a new foreign policy battle with Congress, will renew Most-Favoured Nation trade status for China. "The president is going to announce MFN (on Monday)," one administration official said
      Reuter  -  219 words
  • Page 12 Advertisements
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  • EDITORIAL & OPINION
    • Article, Illustration
      Sad and ugly truth about Sydney police
      777 13  -  THE BOTTOMLDVE OPINION By Mohan Kuppusamy The writer is BT's editorial page editor IF YOU thought police corruption was a phenomenon encountered only in poor countries, think again. Sydney, the largest and most prosperous city in Australia, has a police force in which
      777 words
    • Article
      IN OTHER WORDS
      100 13 There's a difference between reporting the news and creating the news. It's one thing to catch a celebrity cheating and another to induce or entrap them.' -Steve Cos editor of the National Enquirer after a rival supermarket tabloid paid Suzen Johnson, a formerflight attendant, U5575,000 (SS108,000) to
      100 words
    • Article
      Ideological conflicts may kill ADB
      647 13 EDITORIAL THE Asian Development Bank is celebrating its 30th birthday this year but despite the achievements which it has to its credit, there is a danger of the bank being cut off in its prime. The reasons for this have to do with ideological conflicts
      647 words
    • Article, Illustration
      Lock icon Costly fight over MFN
      1100 13  -  Concern ((rows that a bitter debate over trading rights for China would hart Sino-US ties farther By Leon Hadar The writer is BT's Washington correspondent AS the annual US Congressional debate on China's trading status looms, Clinton administration officials are preparing for a nasty fight. The
      REUTER  -  1,100 words
    • Article
      Deep Blue had unfair advantage
      312 13  -  MAILBOX Eng Cheh Hong Singapore *****5 I REFER to Kenneth James opinion entitled "Deep Blue win a triumph for human genius" (BT, May 16). Kasparov did not lose the 6th game, he lost his nerves. On a scale of 1 to 6, the first game
      312 words
    • Article
      Etrog's work potent and evocative
      260 13  -  May Oon Filmerides Singapore *****0 YOUR writer Ben Munroe has apparently graduated from art reporter to art critic. I refer in particular to his review of a sculpture exhibition currently on at the Singapore Art Museum ("Abstract images of naked power", BT, May 9). As
      260 words
    • Article
      WHAT THE OTHERS SAY
      122 13 Chirac statues tn China FRENCH President Jacques Chirac has every reason to congratulate himself on the results of his diplomatic foray into China. To say his trip was a success would be an understatement. Not only did he put Sin-o-French ties back on track, he helped
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      37 13 POONESBPRY By Garry Trudeau ttMMY. I OW6&T OWER. [WY W ■If SHBNeve* Y 1 l| I HOUBEAUTIFULWAM&- MSNT 1 I ****s™' \MJKZY,&A?\ C*N6M9.IJUSr(OrSH SH£ I 80VE***** I AWtfttslg &.mOUGH U D&R AUNTA6&B POOR. Al£W£, P I HSNWCAN
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Two films share top prize at Cannes
      658 14  -  Palme d'Or goes to Japan's The Eel and Iran's The Taste of Cherries, reports kbuibth tubav KENNETH TURAN AP Having gone in a brief span from the most anticipated to the most derided of events, the 50th anniversary of the Cannes International Film
      AP; AFP  -  658 words
    • Article, Illustration
      Lock icon Cantona quits, and true to form, unconventionally
      492 14  -  FOOTBALL Good, bad bit never an indelible imprint By] Rob Hughes The writer is from The Times of London IHT SUNDAY'S announcement that, a week before his 31st birthday, he has played his last game, is not the first time Cantona has "retired"
      IHT; FILE PHOTO  -  492 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      190 14 The Lure of the Dark Continent, or the HjjjW Allure of Mauritius. ■HH||||l flH|| Oh sweet dilemma true. Although the thrills of Africa await, many of our clients find Mauritius «too alluring to resist. And it's no surprise when you visit. Set in the clear waters of the Indian Ocean,
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      648 15 Home Decor For people who love their homes yffihere to wine, dine and entertain... ?naaMby T d: 290 4545 W l" I M i llliiwM IMI MWIgT L http://www.ana4iotels.com Mo* just •eifooJ eitker. Visit our kome page and you can I oJßte|onigkt's dinner from our cyl>er (election. Browse tflmpi tke
      648 words
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      Page 15 Advertisements Column 2
      135 15 i SOUTH AFRICAN i FLAVOUR < p GOES CANTONESE < «ttAe Wptvne front now tl/J W«iy. Enjoy OrtrteA Ji*Ae*. SovtAAfrfc«in i win# Sovt( AfrlMn B»w Stow for on/y lor «tdU* ofiq. You eoufj win atrip to 9ovtAAfrte<! «mj Mtfvrittur In owr Luely Draw! Call m >9tt/W» for rwtmtlow. 1 1
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  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      794 15 TV&RADIO cial I Raising Cain (See IL3O TV Innovations. Our Choice). L3O AM Close. 2.00 PM TV Innovations. 12.4s AM Holiday Eve Movie 2-30 The Winners. Special n— In the Com- mam 3.00 Money, Money, Money. pany Q f Darkness (See 12-00 NN News. 330 How to Succeed in Busi-
      794 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      235 15 CRYPTIC CROSSWORD 28 Find sun a blessing, to some extent, if without power (6) 29 Trembling, lady reset balance baps, the queen? (9) YESTERDAY'S SOLUTION (9) 14 One alone gets strange amount DOWN 411 chan e (333) IDII IMII [N] lISIHJRIEIBIUJFIPI 15 Moving air. plus it is a reli- M
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  • CYCLE & CARRIAGE GOLF PAGE
    • Article, Illustration
      Creating layouts with strategic value
      1202 16  -  Parslow balances budget and quality in designs, says micklaus d'CRUZ NICKLAUS D'CRUZ The writer is editor of The Asian Golf Review. This review and further information about golfing in Asia are available on the Internet at the BT-Asian Golf Review site (http://www.asial. com.sg/bizcentre/golf) E&GPARSLOW's presence
      1,202 words
    • Article
      A devilish game awaits at Australia's Hope Island resort
      1054 16  -  But patience wins the day on the twisting, tiring course By] Nicklaus D'Cruz HOPE. That's an important word. We all hope we can play a decent round of golf, always; but especially if we face a course with some sort of
      1,054 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      309 16 DROP OFF YOUR CAR AFTER DARK IF YOU CAN'T DO IT IN THE DAY If you have problems sending In your car for servicing service for those in a rush and extended vehicle collection during the day because of your busy work schedule, we hours on weekdays (up to 8.00pm)
      309 words
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  • COMPANIES & MARKETS
    • Article
      SilkAir to buy eight Airbus aircraft for US$420m
      285 17  -  By( Clarissa Tan [SINGAPORE] SIA subsidiary Silk Air has confirmed a BT report that it is buying eight aircraft from Airbus Industries' A 319/320 family worth about US$42O million. Its statement yesterday also said it has signed an option to buy 10
      285 words
    • Article, Illustration
      Major motor firms' margins healthy despite hefty COEs
      657 17  -  CCL, Inchc&pe, Tan Chong still post five-digit gross profit per car By< Christopher Tan [SINGAPORE] Although earnings of listed motor companies have obviously been squeezed lately because of rising COE prices, leading players have managed to maintain healthy margins. Indeed, companies like
      657 words
    • Article
      Tye Soon debuts with a 55% gain on impressive volume
      324 17  -  Analysts happy with the price against expected earnings Byi Christopher Tan [SINGAPORE] Tye Soon made a creditaMe debut on the mainboard yesterday, gtving shareholders a 55 per cent gain on the first day of trading. The automotive-related stock rose 17
      324 words
    • Article
      Red Box stocks—case of ridiculous market behaviour
      847 17  - Red Box stocks —case of ridiculous market behaviour HOCK LOCK SIEW R Sivanithy A FORTNIGHT ago, two items appeared as Company Briefs in the papers here that indicate just how ridiculous market behaviour can be. Both might even be funny, if not for the fact that the story behind one
      847 words
    • Article
      Shangri-La to manage Seoul hotel
      293 17  -  Prom Loh Hui Yin in Hongkong SHANGRI-LA Hotels and Resorts, one of Asia's largest hotel chains, has signed a contract to manage a hotel in Seoul, its first hotel management job in South Korea. The hotel, which will cost about US$3OO million (Ss43o million), is
      293 words
    • Article
      NOL names new directors
      99 17 [SINGAPORE] Neptune Orient Lines, which is in the midst of a US$B25 million (Ssl.lB billion) with US shipping group APL, has appointed four new non-executive directors. They are: Kwek Leng Joo (managing director of City Developments); Dirk Goedhart (managing director of Philips International); Robert Chua (executive
      99 words
    • REGIONAL COMPANIES
      • Article
        Competition drags Vicom profits down 39% to $2m
        367 18  -  Comfort unit says ERP contract should contribute positively to earnings this year lit/' Christopher Tan (SINGAPORE] Leading vehicle inspector Vicom suffered a 39 per cent fall in earnings to $2.05 million for the year ended March 31. The Comfort Group subsidiary failed
        367 words
      • Article
        Rent for CPL's technopark
        138 18 [SINGAPORE] Centrepoint Properties Ltd (CPL) said yesterday that it is renting out the second block of Alexandra Technopark at between $3 per square feet and $3.70 psf. It expects an annual rental income of about $28 million when the entire project is fully leased. The mainboard-listed
        138 words
      • Article
        Motorola sues two Goldtron units
        136 18 [SINGAPORE] Two subsidiaries of Sesdaq-listed Goldtron Ltd have been sued by Motorola over an alleged infringement of a telecommunications patent. Motorola Electronics said in a statement yesterday that Goldtron Telecommunications Pte Ltd and Goldtron International Pte Ltd were filed a writ of summons "for infringing
        136 words
      • Article, Illustration
        Cloud over KFC M'sia franchise as George Ting quits
        530 18  -  Pact with PepsiCo requires him to retain management control From Eddie Toh in Kuala Lumpur GEORGE Ting, the man credited for the success of the Kentucky Fried Chicken franchise in Malaysia, has unexpectedly resigned from KFC Holdings (Malaysia) Bhd raising a
        530 words
      • Article
        Heshe unit Benefun launches listings in HK and S'pore
        364 18  -  fty. Jenny Lam [SINGAPORE] Sesdaq-listed Heshe Holdings yesterday launched the dual listing of subsidiary Benefun International Holdings, its profitable North Asia operation, in Hongkong and Singapore. Benefun is offering 100 million new shares at HK$l.l5 for a primary listing in Hongkong.
        364 words
      • Article
        KL derivatives, futures clearing houses to merge
        371 18  -  Move paves way for eventual merger of 3 futures exchanges From Meera Tharmaratnam in Kuala Lumpur MALAYSIA'S derivatives clearing house and its commodities futures counterpart yesterday agreed to merge, paving the way for an eventual merger of the three futures exchanges here. The
        371 words
      • Article
        Lock icon Malaysia's worth a look now, KLSE chief tells analysts
        274 18 AFX-Asia [KUALA LUMPUR] The Kuala Lumpur Stock Exchange (KLSE) said share prices on the local bourse have fallen to attractive levels and it is time for foreign funds to take a look at Malaysia again, the New Straits Times reported. "The
        AFX-Asia  -  274 words
      • COMPANY Briefs
        • Article
          MCL Land clinches two URA plots
          64 18 [SINGAPORE] MCL Land has clinched two URA land parcels at Seletar Springs with a combined area 0f35,882 square metres for about $108 million. MCL Land said yesterday it planned to develop the two sites into one low-rise condominium with about 350 units averaging 1340
          64 words
        • Article
          Wepco gives property option
          60 18 [SINGAPORE] Wepco has given an option to Copytron Office Products Pte Ltd to buy its leasehold property, 8A Tong Aik Building, for $5.6 million. The company said the sale would raise its net tangible asset per share to 49 cents from 40 cents. The sale proceeds
          60 words
        • Article
          Econ consortium wins Jakarta contract
          48 18 [SINGAPORE] A consortium which includes an Econ International unit has secured the main civil and building works contract for the proposed German Centre in Jakarta. Econ said yesterday that the consortium comprised PT Econ Construction, Wayss Freytag AG and PT Argha Indah Pratama.
          48 words
        • Article
          Wing Tai raises stake in DNP
          42 18 [SINGAPORE] WingTai Holdings has raised its stake in listed Malaysian associate DNP Holdings to 46.38 per cent It bought a million shares for M 51.96 million (551.13 million) or 0.32 per cent of DNP*s share capital.
          42 words
        • Article
          NTT, Telekom Malaysia in joint venture
          61 18 [TOKYO] Nippon Telegraph and Telephone (NTT) Corp said it is to set up a telecoms joint venture in Malaysia with Telekom Malaysia with capital 0f550 million yen (556.76 million). NTT will hold a 30 per cent stake and Telekom Malaysia, 70 per cent The
          61 words
      • Article
        Easyknit plans rights issue to raise HK$290m
        336 19 [SINGAPORE] Hongkong Garment exporter Easyknit International, which has a secondary listing in Singapore, yesterday proposed a massive rights issue of 764.77 million shares to raise about HKJ29O million (5553.7 million). The 10 HK cents par value shares are being offered at a subscription
        336 words
      • Article, Illustration
        Lock icon Nissan's luxury on wheels
        71 19 [TOKYO] Nissan Motor Company president Yoshikazu Hanawa unveiling the carmaker's new one-box type luxury Caravan/Homy Elgrand at a Tokyo hotel yesterday. Nissan, Japan s second biggest carmaker, launched the new vehicle with a monthly sales target ofs,ooounits, hoping to boost its domestic market share of large-size
        REUTER  -  71 words
      • Article
        MUI Centre plan to go ahead despite property glut talk
        318 19  -  From Al Labita in Manila A LISTED unit of Malaysia's Malayan United Industries Bhd (MUI) is pursuing its plan to build a mixed-use development, the MUI Centre, despite fears by foreign analysts of a property glut in the Philippines. In
        318 words
      • Article
        US equity market uncertainty no boon to Asian stocks
        731 19  -  US fond managers choosing W Europe, Latin America and E Europe over Asia From, Andrew Marks in New York WHILE US funds are eyeing other markets to pour their funds into as a result of concerns the raging Dow may be
        731 words
      • Article
        Lock icon Australia's Colonial surges on debut
        221 19 Reuter [MELBOURNE] Australian financial services group Colonial Ltd made a strong debut on the Australian share market yesterday, its share price soaring on listing. Colonial shares closed at A 53.31, well above the A 53.10 paid by institutional investors in the company's public share offer,
        Reuter  -  221 words
      • Article
        Lock icon Brierley to sell A$220m units in Bass Strait Trust
        457 19 Hie trust is entitled to 55J1% of all payments made by Esso, BHP Bloomberg [SYDNEY] Brierley Investments Ltd said its subsidiary, Bass Strait Oil Management Ltd, plans to sell AJ22O million (***** million) in units in its Weeks Bass Strait Royalty.
        Bloomberg  -  457 words
      • Article
        Lock icon Motorola may join US$1.2b Thai chip project: minister
        231 19 Bloomberg [BANGKOK] Motorola Inc is mulling over an investment in the Alphatec Group's US$l.2 billion (551.7 l billion) semiconductor project, derailed last week when Texas Instruments Inc pulled out, Thailand's industry minister said. "I just met executives from Motorola and they are
        Bloomberg  -  231 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Bell Atlantic to reveal high-speed Internet plan for homes
        248 20 Reuter [NEW YORK] Bell Atlantic was expected to announce yesterday plans to offer high-speed Internet access to homes using new technology that can send data-heavy graphics over standard phone lines. Analysts consider the plan the most aggressive effort yet announced by
        Reuter  -  248 words
      • Article
        Lock icon BA posts record profits on strong global growth in air markets
        551 20 Bnt it warns that strength of pound may hit current year's results Reuter [LONDON] British Airways announced record profits and a bumper share-out for staff yesterday, thanks to continued strong growth in air markets worldwide, but warned that the
        Reuter  -  551 words
      • Article, Illustration
        Lock icon Microsoft sets its sights on corporate computing
        414 20 NYT [NEW YORK] With a marketing blitz led by Bill Gates, the Microsoft Corp begins its assault this week on the lucrative business of industrialstrength corporate computing. Microsoft dominates the market for personal computer software, but has made few inroads in large-scale computing
        NYT  -  414 words
      • Article
        Lock icon Milling house JCI in £2b merger talks with Lonrho
        415 20 Talks exploratory, says Lonrho, and any deal conld take ages FT [LONDON] JCI. South Africa's first black-controlled mining house, is in merger talks with Lonrho, the London-listed conglomerate, to create a £2 billion (554.7 billion) mining group spanning gold, coal and
        FT  -  415 words
      • Article, Illustration
        Lock icon Formula One may be floated in London
        391 20 FT [LONDON] Formula One, the international motor racing business, could float on the London stock market for between US$2.4 billion (553.4 billion) and US$3.2 billion before the British grand prix at Silverstone in July, according to the group's bankers. Helmut Werner, the former
        FT; FILE PHOTO  -  391 words
      • Article
        Lock icon Agnellis may kick off plans to expand Juventus club
        433 20 Family said to be studying proposals to form sports company for eventual float FT [MILAN] IFI, the Agnelli family holding company, is exploring the possible development of a show-business sports group centred on Juventus, Italy's most successful soccer club, which this
        FT  -  433 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon S Korean banks agree to bail out Dainong group
        395 21 But analysts say rescue bids risky for banks if companies don't torn around Bloomberg [SEOUL] South Korean banks agreed to bail out Dainong Group to prevent a third big name bankruptcy this year, a risky strategy that could backfire. The rescue
        Bloomberg  -  395 words
      • Article
        Thai group borrows US$95m
        170 21 [SINGAPORE] Two Indonesian units of the Charoen Pokphand Group of Thailand have borrowed US$95 million (Ssl36 million) from Singapore's Asian dollar market A two-tier syndicated deal a US$6O million revolving credit facility (RCF) and a US$35 million term term loan was signed here last Friday. The
        170 words
      • Article, Illustration
        Lock icon Noteworthy issue
        47 21 [SINGAPORE) Robin Baker, who is associate director of the Bank of England Printing Works, showing the commemorative Hongkong £5 (Sf 11.50) note at the launch ceremony here yesterday. The notes bear the index cipher HK97, followed by a serial number, in this case *****8. AFP
        AFP  -  47 words
      • Article
        Lock icon National Mutual buys 7.1% of cinema operator
        239 21 Bloomberg (WELLINGTON] National Mutual Holdings Ltd said it bought a 7.1 per cent stake in New Zealand-based Force Corp. In a notice to the New Zealand Stock Exchange, the funds manager said it bought the stake in the cinema operator on May 9.
        Bloomberg  -  239 words
      • Article
        Lock icon Fidelity to develop payroll, benefits services
        317 22 Plans part of radical overhaul for fond manager after last year's paltry showing FT [NEW YORK] Fidelity Investments, the Boston-based fund manager, is to develop its payroll and benefits management services for big companies as part of a strategy overhaul after last year's poor
        FT  -  317 words
      • Article
        Lock icon Part of Dean Witter's futures unit to be sold
        187 22 Bloomberg [NEW YORK] Dean Witter, Discover Co said it agreed to sell its institutional futures business to Indosuez Carr Futures, a unit of French bank Credit Agricole Indosuez. Terms of the sale weren't disclosed. A person familiar with the situation said
        Bloomberg  -  187 words
      • Article
        Lock icon Aussie banks all foreign takeover targets: banker
        298 22 National Australia Bank's chief blames fuzzy govt policy AFP [SYDNEY] National Australia Bank chief Don Argus said Sunday the major Australian banks were all takeover targets thanks to continuing uncertainty over the government's finance sector policy. "The major banks are in the frame
        AFP  -  298 words
      • Article
        Lock icon Kuwaiti banks asked to cap loans
        376 22 Central bank hopes to avert crisis after bourse sets new highs Reuter [KUWAIT] Kuwait's central bank has asked local banks to cap lending for equity trading at current levels in an effort to stabilise the bourse, economists said on Sunday. They said that governor
        Reuter  -  376 words
      • Article
        Lock icon Mobil-Amco downstream merger?
        123 22 Reuter [LONDON] A British newspaper report on Sunday said US oil companies Mobil Corp and Amoco are discussing a possible merger of their downstream businesses in the United States and overseas. The Sunday Telegraph said talks had been underway for some months over the merger, given a
        Reuter  -  123 words
      • Article
        Lock icon Euroyen flat ahead of Fed meeting
        211 22 nißßi Report Reuter [SINGAPORE] Simex Euroyen futures were trapped in tight ranges yesterday as most players retreated to the sidelines ahead of the Federal Reserve's policy-setting meeting. There was no clear consensus on whether the Fed would move to raise rates again in view
        Reuter  -  211 words
      • Article
        Volume thin as traders stay on the sidelines
        207 22  -  MSCI TAIWAN FUTURES By Ric Trotta By Ric Trotta, Floor Manager, Refco Singapore Pte Ltd [SINGAPORE] Simex MSCI Taiwan Index futures ended slightly higher on light volume. The May/June spread settled three points firmer at -4.3. There was little paper interest as
        207 words
      • Article
        Lock icon Opec's April output well above quota
        225 22 energy report AFP [NICOSIA] The Organisation of Petroleum Exporting Countries' production rose by 400,000 barrels per day in April to 27.02 million bpd, well above its monthly quota, the specialist weekly Middle East Economic Survey (Mees) said yesterday. The increase, which put total output
        AFP  -  225 words
      • Article, Illustration
        Untitled
        1120 22 MTHMAMCTOSS KATES VaWS 2 tCtf "f 9m m 1m W* Mj IBSNfch N«o $S 1m8 Sfr ITO Hm* US$ sr a {gagas ?s si sss s »h?s is sis ss s ns 0 His g imiiiii IMTi °T atw 309 0 073 000 o.7M ojw 4907 oS I*# S JiS
        1,120 words
      • Article
        Lock icon CURRENCY REPORT
        275 22 Reuter THE US dollar pushed higher at midday in Europe, gaining over half a pfennig to just below 1.70 marks and holding above 116 yen after an early drift following a sharp rise in Japan's trade surplus. Dealers said speculative buying, probably from the United States, propelled dollar/mark
        Reuter  -  275 words
    • Article
      COMMODITY PRICES
      1685 23 SICOM fUTURBS May 19 IUHO (Mww ctoslao m at MQpa) ISS1 CONTRACTU Clow Voftmo Opo* Mwtt Mjfe tow Sott (tow») hrttmt tot 9? 165.00 165.00 ***** 23 550 to9f 165.50 1970 imn 167.25 2020 So»W KUO 2020 0ttfD*97 ITQL50 169.50 170.00 225 4200 J*t/Nor96 172.75 170.50 ***** 600
      1,685 words
    • Article
      Lock icon TOKYO
      1569 23 AFP Q Nikkei 225 +***** JAPANESE share prices rallied yesterday to close at the year's high with the key market barometer rising 0.8 per cent on purchases of selected blue-chip leaders and issues related to domestic demand. "As the US dollar-yen exchange rate has stabilised above 115 yen, investors
      AFP  -  1,569 words
    • Article
      WORLD STOCK MARKETS
      2178 23 mm mI9HHH1**< 1* 11,1 h»n 31 Croup 495 -4.400 AS Ports 264 unch AMoy National 957.400 -5400 MM Oomocq 442 -16 Am* 143.400 -3 AM* Group 119.200 *.800 BATInd 562 4 BGP1C 196.400 2.400 WCC 109 unch •0C Group 992.400 -25.600 BNPotroloum 718 -7 BTR 220.400 -.400
      2,178 words
    • Article, Illustration
      Lock icon HONGKONG
      1552 24 AFXAsia Q Hug Seng +4M5 SHARE prices closed off their highs yesterday after trading in a 200-point range for most of the day. Dealers said that although volume was heavy, sentiment was increasingly cautious ahead of the Federal Reserve meeting today. "It has traded in a narrow range and
      AFX- Asia  -  1,552 words
    • Article, Illustration
      Lock icon CHINA
      605 24 Reuter Q Shenzhen B Index *7.18 SHENZHEN'S B shares yesterday defied worries over the suspension last Friday of several companies in the A share market and surged on bargainhunting. The B Index closed at 166.85 points, up 7.78, or 4.8 per cent, on turnover of HK5105.9 million. The A
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  605 words
    • Article
      Lock icon TAIPEI
      346 24 AFP QWPbfax -3X56 SHARE prices finished lower yesterday in light trading as investors retreated to the sidelines due to political concerns. "Discouraged by massive anti-government rallies and the government's suspension of diplomatic ties with the Bahamas, investors were unwilling to trade," said a dealer. The TSE Weighted Price Index
      AFP  -  346 words
    • Article
      Lock icon WELLINGTON
      245 24 Bloomberg n Wellington -728 SHARES fell yesterday amid concern over the impact high interest rates and the slowing economy is having on earnings. The NZSE Top 40-share Index fell 7.28 points to 2,307.56. Bloomberg «a rtm ANZ Banking 9.10 -OM 103*4 Advantages HMge 133 unch 2000 AlrNnZMMW 100 unch
      Bloomberg  -  245 words
    • Article, Illustration
      Lock icon BANGKOK
      799 24 AFP QSETbfci +15J1 SHARE prices rose 2.8 per cent yesterday on news that a stock market support fUnd financed by Thai commercial banks would be launched this week, analysts said. "The announcement over the weekend by the finance minister that the 50 billion baht (552.75 billion) support fund would
      AFP  -  799 words
    • Article
      Lock icon SEOUL
      363 24 AFP HftmpwitoMg +14J6 SHARE prices rose 2.1 per cent yesterday due to improved prospects for economic recovery and an easing of political concerns triggered by the Hanbo scandal. "Domestic and foreign institutional investors are fuelling the buying momentum on expectations of economic recovery," said a dealer. The Composite Index
      AFP  -  363 words
    • Article
      Lock icon SYDNEY
      558 24 AFP PlidriMiM -7J SHARES closed lower yesterday as strong buying in the resource sector Called to counter a wave of profit-taking in bank stocks, brokers said. The All Ordinaries Index fell 7.1 points to 2,531.0. Turnover was 144.3 million shares worth A 1421.2 million. Among leading shares, bellwether BHP
      AFP  -  558 words
    • Article, Illustration
      Lock icon JAKARTA
      735 24 AFP P Composite Index -4J52 SHARE prices closed lower yesterday in lacklustre trade with most blue chips showing declines on the back of weakening regional sentiment. "People are reluctant to do anything. We're seeing net selling with local buyers just drifting," a trader said. The JSE Composite Index lost
      AFP  -  735 words
    • Article
      Lock icon MANILA
      302 24 AFP Q Manila 4177 SHARE prices fell 2.6 per cent yesterday as foreign and local investors stayed away from the bourse on a lack of marketmoving news. The PSE Composite Index lost 66.77 points to 2,509.36. Turnover was 6.3 billion shares worth 1.3 billion pesos. Manila Electric A fell
      AFP  -  302 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Europeans buy, while US funds sell
        494 25 AFX-Asia Q Composite Index -0.52 SHARE prices closed marginally lower yesterday, coming off early lows in volatile trade on the back of strong bargain hunting from local retail investors. Dealers said foreign investors, especially European funds, were seen buying finance stocks but US funds
        AFX-Asia  -  494 words
      • Article
        Untitled
        7876 25 Imkpm mmmmwmmmmi'mmmmmc Cmhmt pniicti 1991 Ult Vol Day Nat Cap gg L— Company u* OOP High Law P/I VnM 790 MO AUnomoto 590 unch 2 590 590 32.7 239.1 225 A"* 4 310 2 50 312 30« 9.2 457.1 905 6)0 Apollo Food Mig 670 5 19 670 650 268.0
        7,876 words
    • WARRANTS & OPTIONS
      • Article
        SMI warrants not to be ruled out despite disappointing numbers
        185 26  -  WARRANT WATCH By R Sivanithy SOME time ago, we featured the warrants issued by Malaysian property firm South Malaysia Industries (SMI), which peaked at M 51.92 during the rally in February. Since then, the instrument has collapsed and was last
        185 words
      • Article
        Untitled
        3542 26 BONOS, LOANS k WARRANTS 1997 Lm) Val Day LmI Outti Av« High Lmi StM Company *ar- COOO) High Law Buyar U—r Prtca 68 44.5 m 3000 m AMOB c5.5******6 50 62 415 3160 "Acar ******1 USS 56.5 unch 14 56.5 53 55.5 57 131 77 3164 Acma ******4 79 unci)
        3,542 words
    • Article
      CLOB INTERNATIONAL
      2248 26 malaysian stocks Or Or 1997 LMt Vol Day Last Oust* DM DM YM Ml MCap HMh Lew Mwo e»m»M>y Sate roooi HMh Low Bayer So8er Cer P/I tm» 478 296 ms SOOO AIS8 50C 316 unch H 316 KM 308 314 5.0 4.9 0.5 65.0 324.1 137 90S
      2,248 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1358 27 TURNOVER COOO) VALUE ('OOO) cm Ttn im o» T«U< Muttriai 60,037 7,137 67,174 99,555 U341 112.0*6 ISMS IV*41 51.907 34,959 86.666 "otote 793 872 1.665 1.TC6 1514 3.419 ProportlM 4.551 ZJi71 6.622 29.696 2,314 32,012 Plantation 230 230 1,636 1,636 MMr* 30 30 77 77 W 2,620 AMT 2.465 2,124
        1,358 words
      • Article
        MAIN BOARD
        4658 27 1997 L*ft Vol Dty Last Quote Div D»v YM N«t Cm Avo l— stm c.—aT Uf rooo> nm> La. b«v> cS $3 pt£ mnmu 5146 ASE NTS10 200 US- 885 885 1275 ASFUS30.0IW0 US885 885 fte.5 185 155 1258 Ac«f 50c US182 »1 537 183 180 )81 182
        4,658 words
      • Article
        SESDAQ
        716 27 <—> is ™s„ —""u. .jar's, s MM8 z' iss fflBs£=s" s s ,r ,s fl SoS iiZZ.'S=zt. i g> S :u s H 45 5 c< M M S w JO.ON -IT 2.T -IfcO 2218 S» 75 415 oyy at 663 339 68 5 66 67 67.5 S ON
        716 words
      • Article, Illustration
        HOT STOCK
        65 28  -  bfl Shiv Taneja OVERSEAS UNION BANK'S foreign tranche closed Jive cents lower yesterday at $9.95 on a volume af 1.81 million units, which is twice its lOday traded average. The signals from the daily and weekly RSI and Stochastics are mixed, and for the next couple of weeks,
        65 words
      • Article
        Untitled
        216 28 Stacks Volume TyeSoonKk 32.581,000 •MW Capital 11.527.000 SingTel 15c 3.274,000 *M8f Hldgs 50c 3,077,000 HatBroad 25c 3,052,000 •Renong Bhd 50c 2,163,000 Popular 10c 2,032,000 OUI Foreign i 1,806,000 NatSteel 50c 1,695,000 S1A Foreign 1.419,000 Stodm > •M8f Capital 29,475,630 SIA Foreign 18,267,090 OUB Foreign 17,895,880 City Dev 50c 16.326,307 Tyt
        216 words
      • Article, Illustration
        Shares dip on new curbs on public housing
        649 28  -  STOCK MARKET COMMENTARY But the STII's ability to remain above the 2,050 level has some observers speculating that mnch of the bad news has been discounted By R Sivanithy [SINGAPORE] Weekend news of more property curbs yesterday took its toll on local
        649 words
      • ON THE GRAPEVINE
        • Article
          The real picture
          90 28 THE Singapore dollar weakened by 2.6 per cent against the US dollar in the six months to April this year from 551.4090 to 511.4460. But on a trade-weighted basis, it strengthened by 3.9 per cent, according to JP Morgan Economic Research. The firm's latest effective exchange rate
          90 words
        • Article
          'Unlimited' limits edition?
          61 28 BORNEO MOTORS recently launched its limited edition Toyota Corona and received such good response that it sold several hundred units. For those who missed the earlier "limited" offer, Borneo has brought in 60 more units. Which of course leaves the buyers of the earlier "limited edition" cars
          61 words
        • Article
          Wild Romance
          133 28 IT APPEARS that the libidinal instincts of some copywriters play as much a part in their craft as that all-important spurt of creative talent. An egregious example of this can be seen from a billboard ad that graces a bus stop near the Singapore Art Museum. It promotes
          133 words
        • Article
          Stone Age textile quota?
          167 28 AT LAST week's International Apparel Federation's World Convention in Hongkong, divergent views were heard on the textile industry. While World Trade Organisation counsellor, Richard Hughes, and European Union Hongkong chief, Etienne Retuer, gave optimistic prognoses on how the market was becoming more liberal, Hongkong Deputy Director-General
          167 words
        • Article
          Eating military secrets
          100 28 DEFENCE SCIENCE ORGANISATION, the organisation that does technical research for Singapore's Ministry of Defence, has opened its cafeteria to the public. A big sign outside its building in Science Park Road proclaimed that all are welcome. Maybe this is one way of diversifying to get more revenue
          100 words
        • Article
          Fair weather show
          82 28 YOU want to know how to present the weather on television? The Public Service Exhibition from May 28 to June 1 at Suntec City will feature a weather studio which will explain the various processes involved in producing a TV weather presentation. And if its doesn't rain
          82 words
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      Page 17 Advertisements Column 1
      525 17 HESHE HESHE HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 26 June 1975) NON-RENOUNCEABLE PREFERENTIAL OFFER OF 236,520,000 ORDINARY SHARES IN BENEFUN INTERNATIONAL HOLDINGS LIMITED (Incorporated in the Cayman Islands on 16 January 1997) at 550.21 for each Benefun Share, payable In full on acceptance and application, on the
      525 words
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      Page 18 Advertisements Column 1
      143 18 Df you appreciate tke finer tkings iy\ life, you'll simply love (UMMMWI At Bukhara Northwest Frontier Specialty Restaurant, each dish is prepared with the care of a masterpiece, resulting in a culinary tour de force. For an invitation for four to dine on the house on a seafood platter, simply
      143 words
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      Page 18 Advertisements Column 2
      132 18 Why must you remain uncompetitive? Say NO to see dramatic results. Chances are high that your company is still struggling with outdated batch processing accounting software. Which means there is considerable duplication of work in all the departments, reports are always delayed and morale of your accounts staff is low.
      132 words
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      30 19 S ■iMfc-, -1 —V'-■ m '^^^^^^^^^^^PBwBBWBBHII^HP^^WBBBpwBB •W"^'~*s n/7 -*---gfs*i_ With an extra 10 inches between rows, you can stretch out farther in our Business Class. The Australian Airline. hop: //www.qantas.coraau/
      30 words
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      1027 20 WONG'S CIRCUITS (HOLDINGS) LTD NOTICE IS HEREBY GIVE* that the First Annual General Meeting of the Company will be held at Hyatt Regency Singapore, Stamford Room 1 and 2. 10/12 Scotts Road. Singapore *****1/2 on Thursday. 12 June 1997 at 11.00 am for the following purposes: AS ORDINARY BUSINESS 1.
      1,027 words
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      5 21 <-w rfforto^n B V LCtKj^SH
      5 words
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      Page 21 Advertisements Column 2
      62 21 Tung Centre 1,566 sf-3.165 sf Parkway Parade 925.36 sf/1,592.48 sf Parkway Parade 15,537.44 sf (enbloc) A-Z Building 1,991 sf to 13,982 sf 172/174 Paya Lebar Road Short term lease 15,435.58 sf/14,477.58 sf h First Capital Property 5—5 Management Pte Ltd xz. zr (A member of First Capital Corporation Group) Tel:
      62 words
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      168 22 SLEEPING IN THE RAIN IS ENCOURAGED "From $145*, There's Nothing Quite Like The Grand Plaza Hotel". At Grand Plaza Hotel, you'll be in for more than a relaxing stay, with our elegant rooms, first-class facilities and refreshing interior j zJ&S^wt setting. You'll be in easy reach of the new 1
      168 words
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      37 24 For real-time stock information, S call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are, available. i *ti»ooT r* t"S eM Vk r ~e in the stock pages of The Business Times and Lianhe Zaobao.
      37 words
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      1122 28 BUSINESS Notices In advertise cull toll-free IXOO-741 IXX3 In the matter of THE COMPANIES ACT. CAP. 50 and In the matter of GOLDEN TUUP LINE PTE LTD NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting o* the Members of the Company duly convened and held at No. 23. Telok
      1,122 words
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      Page 28 Advertisements Column 2
      30 28 For real- time stock information, call Quick Stock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      30 words
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      Page 28 Advertisements Column 3
      205 28 Singapore A distinctive collection of 1 I 111 pictures by distinguished I photographers 311 masterpieces showcasing a myriad photo-art WttT techniques executed by more than 300 ethnic Chinese photographers from all over the globe. WM Unique close-ups of Singapore and Singaporeans Iff Byp today through four broad frames: Dreams Become
      205 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      331 29 Renter, Bridge News BVEN though the volume oKPanamax tonnage is lMfllding, particularly for Alps in the US Gulf, (|pners appear in no rush toflx, brokers said. A slight upturn in the key US Qcdf-Japan rate has fuelled some resistance. As expected, the market Witnessed and oversold ftftures market
      Renter,; Bridge News  -  331 words
    • Article
      MARITIME STOCKS
      219 29 WH Uliliaiili«n L25*0.01 t OhmoHu* to -004 900 •MCAmvmtnwnt _124 FrtiaM Llnki 0.M5 -OOOS 372 MlllfiHI 0.77 MSwW* LOO -OOI 131 mkhzmw 0.71S -0.02 i mc HK940 •iiiiiiii<iiii too *0.02 s gSNpy «rt 6J3 ♦0.05 42 C«v ISO -0.19 1003 rtu 4.7* *0.02 ISO Marin* V4« -0.02 10
      219 words
    • Article
      SBP to be raised to a national standard
      469 29  -  National Code of Practice for bunkering will take effect from Jnne 1 By Yong Mei Fong [SINGAPORE] The Singapore Bunkering Procedure (SBP), which lays down the guidelines for bunkering operations with the aim of minimising disputes between shipowners and bunker suppliers, will
      469 words
    • Article
      Lock icon New reefer giant to emerge from merger talks
      343 29 Leif Hoegh and Safinarine to combine reefer activities into joint venture Unicool Journal of Commerce [LONDON] A powerful new player has been created in the refrigerated cargo trades following the completion of merger talks between South African and Norwegian interests. Leif Hoegh
      Journal of Commerce  -  343 words
    • Article
      Lock icon S Korea set to regain position as world's top shipbuilder
      289 29 AFP [SEOUL] South Korean shipyards outshone their Japanese rivals with 2.87 million tonnes in new orders in the JanuaryApril period, paving the way to win back the top spot in the world shipbuilding industry, officials said yesterday. The Korea Shipbuilders'
      AFP  -  289 words
    • Article
      Japan to scrap two oil pollution treaties
      237 29 [TOKYO] Japan has decided to scrap two international treaties concerning damage caused by oil pollution to officially become a signatory of a new treaty that gives larger amounts of compensation, the Foreign Ministry said. At a recent meeting, Prime Minister Ryutaro Hashimoto's cabinet
      237 words
    • Article
      Lock icon Cosco Pacific's terminals post strong cargo growth
      219 29 Reuter [HONGKONG] Throughput at Cosco Pacific Ltd's terminals In Hongkong and China posted significant growth In the first four months In 1997. "Our terminal business is very encouraging this year," said Zhang Dachun, Cosco Pacific's vice chairman. Throughput of Hongkong's Container Terminal Eight
      Reuter  -  219 words
    • PORT Shots
      • Article
        Lock icon Taiwan-HK shipping talks on May 24
        71 29 AFX-Asia [TAIPEI] Taiwan and Hongkong will hold a second round of talks on May 24 on shipping links after Hongkong's July 1 handover, Straits Exchange Foundation deputy secretary general Chang Liang-jen said, according to a report in the Commtrcial Times. A first round of
        AFX-Asia  -  71 words
      • Article
        Mombasa port posts 8% cargo growth
        57 29 [NAIROBI] Kenya's port of Mombasa registered about 8 per cent growth in total cargo handling throughput last year, reflecting improved regional economic performance. The amount of cargo handled at the port increased from about 7,984,000 tonnes in 1996 to more than 8,694,000 tons last
        57 words
      • Article
        Lock icon German cruise cut short after grounding
        98 29 Reuter [LONDON] About 500 German tourists had their holiday cruise cut short on Saturday after their ship was holed off Britain's Scilly Isles. "The paying passengers are getting restless and they are being brought ashore," a coastguard official said as the 25,000-tonne Albatross was
        Reuter  -  98 words
    • Article
      EC to fund EDI systems for 3 selected Indian ports
      182 29 [NEW DELHI] Three Indian ports will be selected for funding by the European Commission (EC) in the area of electronic data interchange (EDI). The programme, to be funded totally by way of grants, will be the first by EC in
      182 words
    • Article, Illustration
      Airlines, forwarders join forces
      999 30 AIR CARGO INDUSTRY: SETTING ELECTRONIC DATA INTERCHANGE STANDARDS Cargo 2000 has been formed to explore ways to improve and expand EDI use, including for airway bills, in response to competition from integrated carriers. It plans to begin implementing its EDI messaging standards by December SOME of
      999 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      268 30 PACC Eastmal 5 ACL n ICl 6 AMI 3 1 EES 12 Ab4« 4 EthiopUn 6 Accord 12 turohans 6 Ahrenkiel 4 Ey n > r fl 6 Append 5 J Astro 3 H-BngM 6 Austral n FoonqSun 12 Awarrt 6 Kfi 7
      268 words
    • Article
      SHIPPING GUIDE
      14636 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vassal Voyaqa TMapfton* ETA ETA Advartlsar Vtiul Voyaqa TatopAona SiN D 4fn Nw NixnOaf *,nWar A To BREMERHAVEN (BRV) 2057 Germany T t5lSr^< f A a/0 M n ,n H. HONG KOMC 0*5W *5 32*0224 Ivory Coast, Cote D Ivoire lt/n lonoon
      14,636 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        717 43 Voy No Bfth Arrtvil Dtpartur* in v Jra«Nrt Mm mMi *352 J02 Mongsidt 20 05/2300 II UlM JM 0)0597 JOI itonQsidt 20.05/0700 SfiM 9701 J04 MonjuX 21.05/1100 Cm*w«m 1 JM OanqsM* 24.05/1200 Mr« 1 01/97 M Ma** 20 05/0600 IMMri« 90 JO lM»ill 19 05/2330 Pr«Mtv« Lb H77A
        717 words
      • Article
        CONTAINER SCHEDULES
        1581 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofchq/MMCt Iith Sl*»p Voy Wo Etb/Btr Portod Fro* To From TOIM 22/1100 U 19/1700 20/0M 20/0*00 20/0*59 2<»/woo 1 20/C'X 20/H59 2QA90C 4 20/1200 20/WS9 20/1700 *Tii«« an* 2t/22oo a wm mm mm it n/noo 20/0*59 20/0*0 MOW 22/000 a"
        1,581 words
      • Article
        GLOBAL HOLIDAY
        191 43 May 30 Thailand: Visakha Bucha Day. 11*7 21 Bangladesh: Buddha Purnima. Singapore: Vesak Day (SIMEX, Nikkei and foreignexchange futures markets open). Sri Lanka: Vesak Full MoonPoya Day. Malaysia: Vesak Day. Singapore: Vesak Day. May 33 Indonesia: Waisak Day. May 34 Bulgaria: Day of Cyrillic alphabet. South Korea: Buddha's
        191 words
      • Article
        COCKETT BUNKER MARKET REPORT
        738 43 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        738 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        309 43 NO Ho 909.7 Oi HO OJ 61 0 06 »»T« ■>—»T »rt*c totito. Art tortm£25 0 0 3 1 0 0 M0 Am 9*64 0.4 CJ 0.07 32 042 IMP 992.9 u 17J 0.13 (2 047 WW »H/H »H/H W» mmtt We +*n 635 B I
        309 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        FedEx eyes new cities, jets for its Asia One network
        411 44  -  Air express firm's fastest growing sector is intra-Asia sector By: Marcus Hand [SINGAPORE] Federal Express (FedEx) is eyeing additional cities and new planes as it continues to expand its Asia One network. In an interview with Shipping Times, Michael Ducker,
        411 words
      • Article
        Airbus announces sale of planes to SilkAir
        140 44 [SINGAPORE] Airbus Industrie announced yesterday that regional airline Silk Air will be buying up to 18 aircraft from its A 320 family. Silk Air, the regional wing of Singapore Airlines (SIA), has firm orders for eight aircraft three 124-seat A3l9s and five 150-seat
        140 words
      • Article, Illustration
        Lock icon UK to block Eurotunnel freight trains
        168 44 Deputy PM concerned about safety; report Reuter [LONDON] Britain's Deputy Prime Minister John Prescott is poised to block the reopening of freight services through the Channel Tunnel, the Times newspaper reported. Mr Prescott, who heads Britain's environment and transport ministry, will meet Eurotunnel executives
        Reuter; FILE PHOTO  -  168 words
      • Article
        Lock icon Telco to raise US$200m through Yankee bonds
        216 44 AFP [BOMBAY] Indian biggest truck maker, Tata Engineering and Locomotive Co (Telco), is to raise US$2OO million (Ss2BB million) through "Yankee" bonds to fund an expansion plan, a company official said yesterday. A Telco spokesman said the funds, which were raised through the
        AFP  -  216 words
      • Article
        Lock icon Indon car sales up 26% last month
        230 44 Bloomberg [JAKARTA] Indonesian new car sales rose 26 per cent in April compared to a year ago, as car buyers returned to the market after holding back last year. Total domestic sales rose to 34,745 cars from 27,678 cars, as Indonesian auto exports
        Bloomberg  -  230 words
      • Article
        Lock icon Boeing merger may be outlawed, EU warns
        334 44 Proposed group faces USssb fine and host of lawsuits FT [BRUSSELS] The European Union is warning privately that it could declare the group created by the proposed merger of Boeing and McDonnell Douglas illegal" if the US aerospace companies ignore Brussels' concerns about
        FT  -  334 words
      • LOG Book
        • Article
          Lock icon Rolls-Royce seeks £100m govt aid: report
          82 44 Reuter [LONDON] Britain's Rolls-Royce pic is seeking up to £100 million (S$23S million) in government aid to develop versions of Its Trent engine, the Sunday Times newspaper reported. A spokesman for the company declined to r* comment The Sunday ftmes said the government aid
          Reuter  -  82 words
        • Article
          Lock icon Swedish airports handle 5% more cargo
          44 44 Reuter (STOCKHOLM) Swedish airports handled 5 per cent more cargo in April than a year earlier, said Sweden's civil aviation administration Luftfartsverket, which owns 14 civil airports and operates five other civil and military airports in Sweden. —Reuter
          Reuter  -  44 words
        • Article
          Lock icon MOU signed to develop Bombay airport
          46 44 Reuter [BOMBAY] A memorandum of understanding (MOU) to develop an international airport and infrastructure facilities In Bombay was signed recently between Indian and British firms, a press statement said. It said the companies would look at potential sites and infrastructure.—Reuter
          Reuter  -  46 words
        • Article
          Lock icon UPS pilots vote for strike
          65 44 Reuier (WASHINGTON] The Independent Pilot* Association has said that M per cent of the nearly 2,000 pilots employed by United Parcel Service voted to authorise a strike If an agreement is not soon reached with the big carrier. A strike count revealed that all but
          Reuier  -  65 words
        • Article
          Lock icon Indian Air panel to pick 50-seater jet
          128 44 Business Line {HEW DELBU The Indian Airlines OA) board has set up a fresh sub-committee to negotiate with manufacturers of w 50-seater aircraft for its proposed 90 billion rupee (Ssl.l billion) fleet expansion plan. The earlier subcommittee was dissolved alter the three-year term
          Business Line  -  128 words
      • Article
        Lock icon Nissan raises domestic output target
        341 44 Market will pick up with launch of new models president Bloomberg [TOKYO! Nissan Motor Co president Yoshikazu Hanawa said Japan's second largest automaker has raised its domestic production target for the April-September half year by 80,000 vehicles to 880,000. "Because of the increase of the
        Bloomberg  -  341 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1371 44 an FUSHT ETA FU6HT ETD VW741 BIO VW740 WW Mmth S0230 1830 0f82 2055 H*tY«l TG407 2105 TG406 0620 0f8t 1930 1_ MM9S2150 IMN W5 kmttfim SO327 0605 GA892 0030 Ho CM MM VN741 1310 GA636 1210 SA697 1045 *1644 0040 GA639 1705 VN740 1410 KL637
        1,371 words
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      18 29 i Airlines and forwarders t join forces Air cargo industry sets r electronic data interchange standards. Page 2
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      Page 29 Advertisements Column 2
      343 29 FedEx eyes new cities, jets for its Asia One network Air express firm's fastest growing sector is intra-Asia sector. Back Page People, Michael Thomas has been promoted and is now vice-president, commercial, of Australia-New Zealand Direct Line. He is based in the company's California headquarters. Orient Overseas (International) Limited, the
      343 words
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      806 30 r~| [gulf Karachi express (okx) Wi wr Otf VM StA (A SM msa *0T JU MM MM KM Ml WOT 57W514 11/04 14/04 24/ M M/ 04 IS/OS MBAIMT IX IS/04 17/04 20/04 M/M 00/05 11/ M KXMCOH S3WSI7 20/04 11/05 01/05 05/05 22/05 WBTEMUNUN IX 02/05 04/05 05/05 Of/OS
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      Page 30 Advertisements Column 2
      578 30 Linaa 4 aaivtoaa rapraaanled /f M«nb«» °f S\jp f) AccradHad Shipping AgMi S*por» National Shipping Aaaoc Mambars of th* J Singapore Fraight Forwardara' *»anriaior. «t i w .t I Sit Ifek Hl' EXPORT 3xJopon-2x Hongkong •1 x Monti •1 x Kooshivng, (Acapdng K1 to BKK/NAHA/SNDAI/CEMJ/lOf 1 <au>ws n* km hm
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      Page 31 Advertisements Column 1
      1131 31 MQRC SOUTH WEST EXPRESS (DIRECT) ALSO ACCEPTING MANAUS Ivcsa 1 vor 1 na laire sketp I m I oa Imm o> wrc I ai 1 hou I wot w mnumcs om I \i/u I n/is n/u u/u |h/bo n/oo 11/00 n/u |os/oo n/M n/oo |is/m mow oia m/u m/u a/as
      1,131 words
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      Page 31 Advertisements Column 2
      1968 31 0 HANJIN SHIPPING USA HiMMaywr oam~ m m m top or |on m m am Iws 'I wrc 1o»Im1m| ni m J tLROTTMaAMOMI 11/W B/>5 JjZg*_ Jj£*_ JS/M 'V»* »7/M M/M 17/1* lt/M 17/» 17/ M M/M 1»/M 1 U/oT U/M 11/ M IT/m" UmM *r—mmh n/u nm JV» ii/m
      1,968 words
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      Page 31 Advertisements Column 3
      88 31 ORIENT EXPRESS LINES (U.K.) LIMITED Oftls (MANAGER FOR SHREYAS SHIPPING LIMITED) J WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VOT SMWO»I KMMAY VtSSll VOT XHIMT SWMWM NORDKAP 411 24/05 31/05 NORDKAP 410 16/05 24/05 IEEEORT 918 31/05 07/06 lEEROKT 917 25/05 31/05 3NARTOBA 212 09/06 15/06 SINAR TQBA 211 01/06 09/06 NCKDKAP 412
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      1556 32 fC DSR-SENATOR in Round the World Container Services from uk/contonent WT Ml BTIB BBV HMI IHI OUT mA~||«S» IwT LHA HTM IsBV |HM> HJ WTTBI] MABBUKSENATW WF7ZI M M tt.H 24 06 O.H 23 H 21.K tTKTHSMMOSM S7M 11(4 17 M 1( M IM HI HAMJN EUZABETM WI7M (MB 29
      1,556 words
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      Page 32 Advertisements Column 2
      1124 32 I NORASIA I VESSEL VOV pSi PKL I QQA LAS BCL VAL ALQ ROT MX ANT FEL LHA MSCALEXA »T1»-3 21*6 21M MM 64*8 Ml 17S t|N fIJH n« 2MB MM MSC CABLA 9720-3 I 27M 2M6 13£6 11AM IMM 24M 25M 2116 9&/V7 IMM 27 Ub IMB Vml i?S
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      Page 32 Advertisements Column 3
      375 32 |Tsr/VO/?TRANS CONVENTIONAL SERVICE TO THAIAND AND MALAYSIA BREAKBUIK, RO/RO AND HEAVYUFT ANY WBGHT THAI RAG STATUS PRIORITY BKTHS kyv— »V.O3A 10-21/05 22-22/05 2f-M/0S 25-2R/0S hkbqnuVAU 03-05/0* o*-o*/Q* 12-13/05 Am V.49A I*-1 I/O* 10-10/0* 25-24/05 23-25/0* AriabptuVJOA 2*ol/07 02-02/07 07-01/07 05-07/07 BOOKINGS t ENQUIRES: tu in m mum. itsimuoe itsisvm cam
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      1169 33 IVBBBBL vov tm IPOU rm p» JUT BA BBt H MAN VAHOAT PJL-1237 24/06/97 23/00/97 tS/WJBT 04/06/97 OtftSf? MAN YAAMN PJL-1226 10/00/97 20/06/97 IRAN MOOIN ML- 1240 03/06/97 06/06/97 19/06/97 16/06/97 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN k CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIR6ISTAN.
      1,169 words
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      Page 33 Advertisements Column 2
      925 33 JOHORE OFPKE I COfTUSMIffIN* Wl HP sales/wgs 4205«4i/43 inwmd dcft (o/oj 4MS7« COSTAI AGENCIES (M) SDN BHD QUO: *****M0000* TOWBIWO HMMf) CONVENTIONAL 4205*50/55 T/SHPMTDfTT *****25 TEL 02-07-35 ***** FAX: 02-07-*****70 Ims m a* m m duiin n/m man mi a mo u sm we rar~| r,,J™ mMSMu«ME/Bia tvos ov* oo*
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      Page 33 Advertisements Column 3
      418 33 //-ZJPERKAPALAN DAI ZHUN TONG JOO SHIPPING PTE LTD CR NO; **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952~ I KKHIH+fASTtST TUMSn/i 7 MHAMA-HttOMTY ffTW/1 IK) CM MIMIbBtBKATtB A ***** 13/05 GIWII 9743 11/15 I GIHOCK 9700 21/S5 AMI ***** 24/05 GIWI ***** 24/05 M GMUAT A
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      1253 34 SGP ROM ANW HBG TUP ZEE LHV I UW TWP ROM ANW HB6 PKL IMP I E. RESULT NW-01J 24/06 13/ M 11/ M 14/ M 1846 17/ M 1«M E SIFTED RE-6M 26*4 tl/H 30*4 i2JK U/M 27/66 E. ROYAL RW-6JI 31* 28/ M 2VM 21/ M Z3M 24M
      1,253 words
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      Page 34 Advertisements Column 2
      879 34 Import vKsa VOTAW sor m> jm m dm im iwt im msa votaw dm *a uu du UN 3 SSS2? 2£52 !i£ !i£EE °J2f !M5 "ft MMU msj3w uto fRs Ins 1 waaoM 045;<aw 71/05 au» ao,n» on* .au» 11 a* ma* hd» mckmh mmm* 11/05 u/os i»/k 21/ os
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      Page 34 Advertisements Column 3
      452 34 > N A NT AII.INF. FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vpsn vot I si I rui put gr~ NMWQUEBI 0205 72/05 31/15 M/U 01/0< mm ma oiss vim i7*t ?i/* jggwK 020 sim km *M now 01SS TIM 03/07 01/17 12/P M>WPMKKS IISS 07/07 17/87 21/17 mm Qua
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      623 35 MM* MYANMA >HHBk FIVE STAR UNE (MytMor Natioaol Um) Loodlag for Taa«aa (Roagoaa) msa VOY SIN KG PEN P®U PMTA 144W SU PAGAN 244W 13/05 MALAYSIA AGfirrV OOUSTEAD SMPPW6 AGOKIfS MIL m 02-03-*****00 ftL TU 02-03-*****01 rot TU 02-04-*****02 TU 02-07-*****21/4 BANK LINE (A sorvko NORTHBOUND TO UKC SBNKONUiNBt SBMG/KAVT
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      Page 35 Advertisements Column 2
      1273 35 HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 I HA I P»E I Wi I VESSR VOT IsMllM IH» I Imi ,»i I FR 2S/M 15/44 14/04 HIMOMESS 304W 17/N 14/05 15/05 17/05 17/05 I 17/45 10/05 02/05 01/05 03/05 Nt lAAON 304W N/05 11/05 11/05 14/05 14/05
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      Page 35 Advertisements Column 3
      529 35 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) Twice Sailing To r] UNITED KINGDOM Of II prt :|l J SCOTLAND l J DIRECT SAJUNG TO SOUTHAMPTON FELIXSTOWE Piease call for FAMOUS MOLLY *****33 1 1 i| P. KLANG PH: 0203/*****33 (20 UNES) PENANG PH:
      529 words
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      45 37 To retrieve more schedules, Just follow these simple steps... document n 740-6000 te P be faxetl^^^^ the port your Step key in the four number digit code Key in your Example: rJ—, fax number To NEW YORK (NYC) 2275 for calls within Singapore United States
      45 words
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      454 39 9 y A Waakly LCI A PCL rODIQgI Sarvkas to Caribbean HiPPMa Central Amarica APIMUPWES 1 API CHINA 013 018 Port Country 21/05 28/05 Miz* City &alcze 24/06 01/07 Bridgatown Barbados 27/06 04/07 Cartagena Colombia 26/06 03/07 Castries St. Lucia 26/06 03/07 Fort de France Martinique 27/06 04/07 Freeport Bahamas
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      Page 39 Advertisements Column 2
      1132 39 ADVANCE CONTAINER LINES (PTE) LTD j\ 140 Cacil Street. #12-00, PIL Building, Singapore *****0 Lz TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********06 iAKHmt JAMJMk (5 Sailing**.* to PAT. 3 S*»n« IoMfT 2 Sff«gi ID LOt| (4 lstHf»/WM» IQXJIAI yuca \jy\v r*ar—i fT ycccri VOY SM BKK
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      Page 39 Advertisements Column 3
      780 39 VESSELS VQV I gN I JED I PBQ LEH HAM HTM THP ANR VK-LE D I AQUARIUS U2OW 22AM 31/06 08AM 11/06 12/06 14*06 IMB "~WO6 WI£CrACMLA Mm 2MB 03/06 06*06 14/06 16/06 17/06 16/06 18*06 \ALLE DC CAWNA C3OW 02AM 11/06 13/06 22/06 23/06 26/06 28/06 27/06 VM£ DC
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      Page 40 Advertisements Column 1
      893 40 BAH6IIOK I >T KILAHO VESSEL VOY SIN BKK VESSEL VOY SIN PKL ULABHUM 01N Tu. In Pt tot 24/06 BUNQA SEROJA 7113 Tu> In Pt Ww) 21/06 MATHU (HUM** 331N WM 21/00 tot 24/06 OURU BHUM 7748 Wad 21/06 Frt 23/06 XETHABHUM 202N "tsu 22AX ton 23/06 BUNOA SEROJA 7118
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      Page 40 Advertisements Column 2
      350 40 '9 KKHn NEHSONS BUILDING 24 PECX SEAH STREET BOOKIH<VO4OOI RIM APOR c«NO- 1 10POBOIOOOOW TEL: 333 1133 FAX: 221 4053/S6/S8 TLX: R*****0/25Q58 F3SHIP vissa voy sw ru smetd destvution StiROOA 13/97 21/05 31/05 PUJU/WBIIAIK suanoEi 13/17 71/w 30/05 ranuMi/SMim EAsrawaor s/»7 24/05 71/05 mauui/ftOAK avsuaui iO/i7 22/05 24/05 mao/hdaiig GUfKHAUO
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      Page 40 Advertisements Column 3
      463 40 PUL INTERNATIONAL ISiS Lnli. jgffiar ~Hn |Ba|™|™|gL|jj^ SUm [MM I Tt/n |Wg I 31/05 I SAT I B/fc I SURAIATA ISI6S/WK I 81l M [WW IsiIUM I I Mii llsl Sb 1 siTEIMI smoawisic/WK I >m ferr M T M r-cm *i 1 dJuooh bad roTs I h/oTi i»ow I
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      Page 40 Advertisements Column 4
      675 40 J| ACCORD Mm SHIPPING PTE LTD Tit *****56 (40 Un**) PAX 2755M4 Mtr DJMC 1031 MJ Ittl KK M WRfCT ACCESS Til *****37 (EXPORT BOOKING) MAR SWUNG WiS) 1W *****87 (EXPORT DOC), *****64 (IMPORT) fsMM WM7 1441 URUHTTP*.//WWW .ACCORD.COM.SG MXAtU (71) **9/71 FOtT ITA tin POtT ITA SIM POT ITA
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      638 41 OSINO EXPRESS SHIPPING 11 COLLYER QUAY «06-01 THE ARCADE iSINOTRANSI S (*****7 J.TEL: *****90 FAX: *****98 uUiTp 1 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SIN ETAHKG ETA SHA OCEAN GLORY 9714 23/05 28/05 01/06 GOOD WELL 9714 30/05 04/06 08/06 GOOD LUCK 9714 06/06 11/06 1
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      Page 41 Advertisements Column 2
      249 41 Q» WO. IMO<TKI<IO<H S«u'(oM)3iei7S MANILA: {(33)*****61 1 pewwa:«wwee banokok:imj)amsr Surabaya cmimiwc '«*»<**»*•*" JOS PHWOBW MWt (M)B44M> EX PORT KELANG TO HONGKONG MV "HIUHO-A STAR V. 720N ETA PKG 25-5-97 BKO OUti HltW/ VIVUN/ CHiKYL TEL (03)*****77 BMSBANE/tYDNIY/MIIBOURNEj AUCKLAND MV "A ENTERPRISE VO4S MV "NCW ZEALAND STAR m V3IS ETA SIN:
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      Page 41 Advertisements Column 3
      130 41 ■PAN FORTUNE SLD 22/06 ■OENBULK 10/06 Rdm/Atw/UKMan ■MM FORTUNE 15/06 25/06 Rdm/AtWUK/Nwi Loadi EVW Mataysia. Indoneaa Loading ■sea RENOWN Hodexlah/Jeddah/Aqaba/Egypt ■AMILLA Dubai/DarnmarVßahrairVKuwait ■A. KIRAN Dubai/DammarVßahrain/Kuwait Toadi Singapore, EVW. Malaysia. Indonwii I Lotting for ■OCEAN HOST Loa Angaiaa/New Oriaar^ChartaatoV .in ij I. ricxTOGvvarrxjer ■HUAGUANG Loa Angates/Naw Qrlaar^ChariaatorV 11mm E7W. Indonaaia j
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      Page 42 Advertisements Column 1
      428 42 Shipping Times ""BUSINESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. Call 740-6000 Press" T key in Document Code Key in your fax
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      Page 42 Advertisements Column 2
      342 42 Mjipra 8016 Products Services Turnkey Factory Automation System P| Automated Storage and Retrieval System Automated Guided Vehicle System (AGV) ffllfl i»g Full Range of Conventional Pallet ||j| j|Pgg&^^ |pt H m I B 8 M ipip f i« a I AiJ| I -sBR Hi ty, Multi-storey warehouse: Tuo Av-nu lJ
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      129 43 LEGEND: R Thunderstorm Temperoture c X\ V Shower Weother Wind drection with speed m knots R w, Cloudy Sky Wov h ht Wtoe »««H ore indicotod by arrows «4wdi Hy with tfce wind One Ml circle represent* cotm or fight and variable wmds One half Heche represents 5 knots L»
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      Page 44 Advertisements Column 1
      235 44 ir a ~ii THYSSEN HANIEL LOGISTICS (S) PTE LTD 1 I A fast growing Freight Forwarding MNC has vacancies for: I I SEA IMPORT OFFICER I I GCE 'O' Levels wftft credits in English Maths Min 2 years freight forwarding experience preferred Well-versed fir f%A 4 customs procedures, I documentation,
      235 words