The Business Times, 27 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) 0&V12/96 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, MAY 27,1997
    13 words
  • Article
    MARKET SUMMARY
    54 1 Dm MGU(-f03l) awt-m Ji) n R GOV mm H8&38 (-6.13) n BTKGA M **.73 (-0.97) EZ STOCK MillET iMhrifej KLSEOOHP—5»S_^5 NIKKEI 2MOM *MM HANOSKNO I4^74j®4 —+S41M SOT INDEX MM -1177 JAKARTA COUP —MUO *4M MAMLACOMP doacd TA1P0 WH &I94.M >1W6 80QULCOMP 7WJ» AM cisA china b —\#m—-aw CALLOW
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  • Article
    FINANCE
    46 1 US$ St um_ -—im t UN M44 tnc MM MM YKNIM—i MM L94 Ml MM M7I MM l» 0.186 BAHT IM IM BJPIAP IM M41 IM PUKE KATES mmnmr 1« SIHIALA LUMPUK J» JiKAgTA. 18.« i i .190 Cealr* buk foami rales (Source: NatWest Bank)
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  • Article
    S'pore investors target hotels in region's capitals
    445 1  -  Oversapply set to flush oat sellers with Bangkok emerging as a rich hnnting ground By. Ang Wan May [SINGAPORE) Singapore investors are eyeing hotels in Thailand and in other regional capitals, say hotel brokers and consultants. With the oversupply of hotel rooms in
    445 words
  • Article, Illustration
    Malaysian firms urged to stop using Singapore port
    456 1  -  Two Port Klang shipping associations say it's time to show some nationalism From Eddie Toh, Marcus Hand in Singapore TWO shipping associations in Port Klang have oalled on companies in Malaysia to stop using Singapore's port and use local ports instead. The
    456 words
  • Article
    Competition is rising and talent will make a difference
    431 1  -  PRESIDENT ONG OPENS 9TB PARLIAMENT By Ronnie Lim [SINGAPORE] Rewards in Singapore should depend only on ability and performance, and not on race, language or religion, President Ong Teng Cheong said yesterday. Speaking in his second President's address at the opening
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      93 1 imsDE 3P fgr k». 9 ■L. W.I Til riMMM oww Is it time to buy a resale HDB flat? Lee Han Shih shares his views, Pf4 Hw M Tiger Woods was decked a victory in the Colonial golf 1 tournament in Fort Worth, Texas, on Sunday. Woods wilted at the
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      17 1 KL tightens social visit passes for S 'poreans, Pg 2 Of holidays in Malaysia, Editorial Pg 13
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      126 1 tap mm IISL Washing out the roads... and the markets [MANILA] Three days of torrential rains is proving too much for the Philippines. In Manila, floodwcUers virtually brought the capital to a standstill yesterday as airline flights were cancelled and financial markets and government offices were forced to close. The
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      Page 1 Advertisements Column 4
      13 1 Pull speech, Pg 2 Hiird term for Speaker Tan Soo Khoon, Pg 2
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  • PARLIAMENT
    • Article, Illustration
      Ninth Parliament opens with 3rd term for Speaker
      263 2  -  23 new faces among the 83 elected MPs, Jeyaretn&m is sole non-constituency MP Byi Chuang Peck Ming THE first session of the ninth Parliament opened yesterday with the election of Tan Soo Khoon as Speaker for a third term. Mr Tan's was
      263 words
    • Article, Illustration
      Lock icon Why we can be confident, but not complacent
      1764 2 The following is the text of President Ong Teng Cheong's address at the opening of Parliament yesterday. THE Asia Pacific region is prospering. Our Asean neighbours are doing well. Asean will soon admit Cambodia, Laos and Myanmar to become an association of
      ALPHONSO CHAN/ST  -  1,764 words
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      326 2 To provide our customers with cutting edge solutions services, lELEDATA (Singapore) Limited -^MBPtTsco CISCO systims Jhe 'Cisco Silver Certified Partner' status, internationally recognised throughout the internetworking industry, is awarded by ELgJ Cisco Systems to resellers who have undergone a rigorous training paitner programme and attained a high level of proficiency
      326 words
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      303 3 Centennial TOWER jHf4HHKIBIBOHHEISfm H ic Hi 11 Hi *uua. \4 I its «hS V* > sU ■■!MM .-'x,., uHBuiMminffl t. -v B ff v |Mfisii>iH"ii«iiim^^^^^^SHS I ■Hi «ia ma MiaiaaiaHillMH •cfiiiaiaHiiiina Bold, Distinctive and Inspiring is how some would the spectacular works of Roy Lichtenstein, Frank Stella, 11V Attention to
      303 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Time to buy a resale HDB flat?
      691 4  -  THE PROPERTY COLUMN With a tighter CPF financing tap, prices are likely to fall in the long ran BU Lee Han Shih GOING by what some experts say, this is the time to buy a Housing and Development Board (HDB) resale flat. Their
      691 words
    • Article
      Lock icon The Canadian who changed London
      695 4 Paul Reichmann may have lost USslob, bat he's transformed the Docklands and more Sunday Morning Post [HONGKONG! The late Lord Lucan once asked a friend: "Do you gamble?" His companion replied that, like most people, she liked the odd flutter on the horses. "That does
      Sunday Morning Post  -  695 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      312 4 Prime 999-Year Leasehold Shophouses For Sale I id to 115 101 to 109 111 to 115 Telok Ayer Street Telok Ayer Street Telok Ayer Street Land Area:l249o sf Land Area; 8432 sf Land Area: 4058 si Gross Floor Area; ***** sf Gross Floor Area; ***** sf Gross Floor Area; *****
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      153 4 m n: urn INDEPENDENT HOMES THE LCfIDWG BRfINO OF PREMUM PROPECTES For Lease By Tender Outdoor Cafe In Orchard Road Location: In front of Wheelock Place Area; 1,500 sq ft (approx) Permitted Use: Food Beverage Category II Licence Tender dosing: 9 June 1997 at 4 pm Just outside restricted zone.
      153 words
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      Page 4 Advertisements Column 3
      174 4 For Sale By Tender Industrial/Warehousing Site At Pandan Loop I Off West Coast Highway near Pan tech UE J Tech Park Site Area: 54 451 sa ft 11 999-year leasehold DGP plot ratio 2.5 Tender closing 25 June 1997 at 3 pm If you have found something, you can adveriSS9ft>r
      174 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon KL curbs continuous social visit passes for S'poreans
      380 5 Move aimed at stopping illegal employment across the Causeway The Straits Times THE Malaysian Immigration Department will make it more difficult for Singaporeans to obtain continuous social visit passes to enter Malaysia a move aimed at stopping them from working illegally in
      The Straits Times  -  380 words
    • Article, Illustration
      Lock icon Bukit Timah residential site up for sale
      326 5  -  Industrial plot in Paair Paqjangalsoon the market now By, Abdul Hadhi TWO properties a Bukit Timah residential site and a Pasir Panjang industrial site have been put up for sale by tender. The first is a freehold residential site between Lewis Road and
      Source: JLW; Source:  -  326 words
    • Article
      Takenaka to build River Place condos
      156 5 JAPAN'S Takenaka Corporation has been awarded a $132.9 million contract by Far East Organisation to build its River Place condominium at Robertson Quay. According to a Far East spokesman, the decision was based on Takenaka's track record for building quality projects. It has been
      156 words
    • Article, Illustration
      Lock icon Catering trade grows at slow 3.7%
      324 5  -  BYE ON THE ECONOMY Commerce By, Jenny Lam THE catering trade index continued its slow growth with a 3.7 per cent year-on-year pick up in sales volume in March. At current prices or in value terms, the growth was higher at 4.8 per cent
      Source: Dept of Statistics  -  324 words
    • Article
      Ex-DJs to open hotel for golfers
      391 5  -  Hotel will have in-honse consultant and golf shop By, Jenny Lam FORMER disc jockeys Monica Lim and Bernard Solosa, who were well-known in the 1970s and 1980s, are opening Singapore's first budget hotel for golfers. Called the Alana, the pastel pink eight-storey hotel located
      391 words
  • Page 5 Advertisements
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      327 5 ff« <jc* r Kgi m How we made the Cefiro fly. On September 8, 1996, in Arizona, USA, a team of engineers fitted the engine of the 143 horses and a staggering 255 Nm of torque. And in near silence, at that. 3-litre Nissan Cefiro into an aircraft. What you'll
      327 words
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  • SOUTH-EAST ASIA
    • Article
      Thai offshore interest rates still high at 22.3%
      611 6  -  SINGAPORE Move, meanwhile, to lower costs for domestic borrowers; 'no' to lowering of official discount rate By. Larry Wee THAI offshore interest rates remain high compared to the pre-crisis levels, even as a wary Bank of Thailand yesterday made an effort to
      611 words
    • Article
      Lock icon Thai central bank lowers growth forecast again
      227 6 BANGKOK Bloomberg THE Bank of Thailand lowered its 1997 economic growth forecast for the second time this month and tipped export growth 28 per cent below the prime minister's target. The economy will grow 5.9 per cent this year from last year, central
      Bloomberg  -  227 words
    • Article
      Six businessmen arrested in US$516m Indon bank scam
      346 6  -  JAKARTA By\ S N Vasuki INDONESIAN authorities have arrested six businessmen in a US$5l6 million (***** million) fraud that revolved around the unauthorised issue of loans and commercial paper by a small bank. The scale of the scam has jolted the banking
      346 words
    • Article
      142 dead, severe damage to property in Banjarmasin riot
      445 6  -  JAKARTA Night curfew still in place and atmosphere said to be tense By S N Vasuki INDONESIAN security forces patrolled the streets of Banjarmasin yesterday as the provincial capital recovered from Friday's rioting that claimed 142 lives. A night curfew is
      445 words
    • Article
      Lock icon 29 die in heavy rains as floods paralyse Manila
      225 6 MANILA Thousands homeless, power knocked oot and flights affected Reuter AT least 29 people died as torrential rains battered the Philippines yesterday, flooding thousands of homes, sending people fleeing to rooftops and bringing the capital Manila to a standstill. President Fidel
      Reuter  -  225 words
    • Article
      Lock icon Manila to maintain monetary policies: central bank chief
      256 6 MANILA Bloomberg THE Bangko Sentral ng Pilipinas said yesterday it would stick to the monetary policies that have created one of Asia's most stable currencies, as calls from foreign investors to let the peso depreciate grow louder. "Whenever we see the need
      Bloomberg  -  256 words
    • Article, Illustration
      Lock icon Almost a different world
      44 6 [HO CHI MINH CITY] A tower under construction on Sunday behind Ho Chi Minh City People's Committee, or city hall. Some 20 large-scale hotels and buildings are being built in the downtown of the city, drastically changing the skyline. AFP
      AFP  -  44 words
    • Article
      Lock icon Poll process favours ruling Golkar: watchdog
      144 6 JAKARTA Reuter AN INDEPENDENT Indonesian election monitoring group said yesterday that national poUs this week would not be fair because they favoured the ruling Golkar party. Asked at a news conference whether the election process was free and fair, Mulyana Kusumah, secretary-general of the
      Reuter  -  144 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      New housing loans in Hongkong soar 35%
      409 7  -  HONGKONG Govt calls on banks to exercise more restraint in their lending By i Quak Hiang Whai THE Hong Kong Monetary Authority (HKMA) has urged banks to exercise additional restraint in their lending policies after new mortgage lending reached yet another record last
      409 words
    • SINO Briefs
      • Article
        Lock icon China expects drop in foreign investment
        77 7 AFP [BEIJING] Foreign investment in China is expected to fall year-on-year in 1997 despite a strong start to the year, the official Xinhua news agency said yesterday. A State Council researcher was quoted as saying that overseas investment would reach US$3O-40 billion (Ss43-58 billion),
        AFP  -  77 words
      • Article
        Lock icon Govt wants longer farm contracts
        80 7 Bloomberg (BEIJING! China's government wants to extend farm contracts for 30 years as the current 15 year leases expire, the China Daily reported, citing an Agriculture Ministry official. The government wants the longer leases so that farmers will invest in their land and raise output.
        Bloomberg  -  80 words
      • Article
        Lock icon Shanghai reforms to axe 250,000 jobs
        57 7 AFP [SHANGHAI] Shanghai will lose 250,000j0bs as it deepens the reform of its state-owned enterprises and allows 50 more companies to go bankrupt, officials said yesterday. "We will expand our pilot re-employment service centres this year to cover five more industries and 250,000 workers,"
        AFP  -  57 words
    • Article, Illustration
      Lock icon Dismantling the PLA's front
      56 7 [TIANJIN] Soldiers of the People's Liberation Army (PLA) 1% battalion displaying their martial arts combat skills during a visit by Niger President Ibrahim Barre Mainassara yesterday at their unit in Tianjin. The PLA is trying to increase its transparency in an effort to gain the world's
      AFP  -  56 words
    • Article
      Beijing puts Taiwan on the spot
      425 7  -  TAIPEI Taiwanese officials invited to June 30 ceremony but have to recognise 'one China' By Bruce Cheesman BUOYED by the successful outcome of direct shipping talks between Hongkong and Taiwan, the government is now turning its attention to handling an invitation from Beijing to
      425 words
    • Article
      Lock icon Renminbi will not replace HK dollar: Beijing official
      291 7 ST GALLEN, Switzerland Reuter A CHINESE official denied yesterday that Beijing would ban the Hongkong dollar and replace it with the renminbi after it takes over the British colony later this year. "Some people suspect that the Chinese government will not allow
      Reuter  -  291 words
    • Article
      Lock icon China hits out at Japan's military alliance with US
      123 7 BEIJING Reuter CHINA yesterday slammed Japan's military alliance with the US, accusing the two allies of targeting Beijing and warning of a resurgence in Japanese militarism. "The long-term goal (of the alliance) is to deal with the imaginary troubles made by
      Reuter  -  123 words
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      102 8 I m-4 im V 4? One hotel has changed the face of hospitality in Vietnam. A 111 |X A By combining the innate charm of the Vietnamese with the professional •C" v "*l l management expertise of a Singapore hotel, Amara Saigon gives you Iwl .hSij^3jt/mjjtg^^jaL i% the best of
      102 words
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  • FOCUS
    • Article, Illustration
      Makings of a top electronics firm
      506 9  -  An extensive study reveals successful strategies of the best performers Reports By. Raju Chellam [SINGAPORE] US-based Andersen Consulting last week announced results of what is supposedly the largest study so far of the electronics industry worldwide and what determines the winning companies from the
      506 words
    • Article, Illustration
      Top firms stay clear of traditional practices
      224 9 They are slower, but more efficient in using new technologies TODAY'S best-performing hitech enterprises eschew trpditional strategic planning and organisational structure, are slower but more efficient in adopting new technologies and rely on multiple and changing sources of competitive advantage. That's the gist
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  • Page 9 Advertisements
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      320 9 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      320 words
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  • ASIA
    • Article, Illustration
      Lock icon Australia says Beijing not seen as a military threat
      278 10 CANBERRA Reuter AUSTRALIA yesterday sought to reassure China it did not regard Beijing as a military threat, rejecting claims Canberra was involved in a strategy to contain China as its military and economic power grows. Ahead of talks today with Chinese
      Reuter  -  278 words
    • Article
      Lock icon Aussie watchdog to investigate alleged rate fixing by banks
      554 10 CANBERRA Mortgage rates cut by the same margin hours after official rate eased on Friday Reuter AUSTRALIA'S competition watchdog said yesterday it would investigate possible collusion among major banks in setting home loan interest rates following the Reserve Bank of Australia
      Reuter  -  554 words
    • Article, Illustration
      Lock icon Tokyo gets tough over disputed islands
      408 10 TOKYO 60 coastguard boats deployed to ward off protest flotilla AFP JAPAN launched tough action yesterday to prevent protest boats from approaching the disputed Senkaku-Diaoyu islands, dispatching up to 60 coastguard vessels to ward them off. "We will maintain strict security in the area
      AFP  -  408 words
    • ASIA Notes
      • Article
        Lock icon S Korean ex-PM Lee bids for presidency
        58 10 AFP [SEOUL] Former prime minister Lee Soo Song yesterday declared his bid for the presidency as South Korea's ruling party set July 21 as the date to nominate its candidate for the December polls. Mr Lee, 58, who joins six party hopefUls, was
        AFP  -  58 words
      • Article, Illustration
        Lock icon Howard apologises to Aboriginals
        78 10 AFP [MELBOURNE] Australian Prime Minister John Howard (left) taking a cerentonial drink from traditionally painted Aboriginal dancers during the opening ceremony of the landmark Aboriginal Reconciliation Convention here yesterday. Mr Howard apologised to the Aboriginals for their mistreatment. He was warmly applauded as he said he
        AFP  -  78 words
      • Article
        Lock icon 59% off Australians back GST: poll
        83 10 Reuter [CANBERRA] A goods-and-services tax (GST) would be a vote winner If Australia's Liberal-National coalition government adopted It as a policy for the next election, according to an opinion poll released yesterday. The Bulletin news weekly's Morgan poll showed 59 per cent of the
        Reuter  -  83 words
    • Article
      Lock icon Japan plans to tighten bank inspection rules
      287 10 TOKYO D&i-Ichi Kangyo said to be facing complaint over racketeer loans AFP JAPAN plans to introduce strict inspection rules on banks following allegations that Dai-Ichi Kangyo Bank (DKB) made false reports about loans to corporate racketeers, the Nihon Keizai Shimbun said yesterday. The
      AFP  -  287 words
    • Article
      Lock icon Seoul retailers suffer as foreign investments soar
      438 10 SEOUL Increased competition from slicker rivals hurts domestic stores Bloomberg SOUTH Korean retailers, already buffeted by anaemic consumer spending, are facing increased competition from slicker foreign rivals. Foreign investment in Korea soared nearly seven-fold in the first four months of this year. The
      Bloomberg  -  438 words
    • Article
      Lock icon Arrest of Kim's son extended
      72 10 SEOUL AFP SOUTH Korean prosecutors yesterday extended the arrest of President Kim Young Sam's son for 10 more days to secure further evidence on how he had aUegedly coUected and spent money from a suspected slush fund. The prosecutor said an indictment would be brought
      AFP  -  72 words
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      115 10 If BANKING AND RISK If! |MANAGEMNT PROGRAM THE NATIONAL UNIVERSITY OF SINGAPORE f acuity of Business Administration For senior banking and financial executives with more than six years of managerial experience seeking a broader managerial Experience the perspective on financial performance with an emphasis on modern risk management techniques. The
      115 words
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      186 10 COURTING THE EMPEROR'S DAUGHTERS Total Business Services For Expatriate Suitors Do you know that the large state-owned conglomerates in China with direct access to the market of 1.2 billion people are better known as "THE EMPEROR'S DAUGHTERS"? If you happen to be a "Prince Charming" who finds investing in China
      186 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Juppe to resign after poll shock
      570 11 PARIS The premier takes the blame for high taxes and unemployment after his alliance is rebuffed in first round Reuter, AFP FRENCH Prime Minister Alain Juppe yesterday said he would resign from the premiership whoever wins next Sunday's parliamentary election run-off after the opposition
      Reuter,; AFP  -  570 words
    • Article
      Lock icon Kohl tells colleagues to stop bickering in public
      306 11 BONN Reuter GERMAN Chancellor Helmut Kohl yesterday had to tell some of his most senior government members to stop bickering in public as an embarrassing rift on possible tax increases within his coalition refused to heal. His appeal came after Finance Minister
      Reuter  -  306 words
    • WORLD Watch
      • Article
        Lock icon Bonn will cut unification tax: Waigel
        70 11 Reuter [TRAVEMUENDE, Germany] Finance Minister Theo Waigel yesterday said Bonn would stand by its plan to cut a unification tax surcharge to 5.5 per cent from 7.5 per cent on Jan 1,1998. "On this net reduction of 7.5 billion marks (556.36 billion), which will
        Reuter  -  70 words
      • Article
        Lock icon Inflation within Buba target
        87 11 Bloomberg [WIESBADEN] Failing import prices in April didn't prevent consumer prices from rising in May, though inflation rates remain below the Bundesbank's target. Import prices fell 0.2 per cent in April from March, led by a drop in the price of crude oil, the Federal Statistics
        Bloomberg  -  87 words
    • Article
      Lock icon Revaluation of Bonn's gold appropriate: Tietmeyer
      408 11 HEIDELBERG, Germany Bundesbank to do whatever it takes to qualify for single currency Reuter, Bloomberg BUNDESBANK President Hans Tietmeyer yesterday said revaluing Germany's gold reserves is an "appropriate move," though he questioned the timing. "I think in general it's appropriate to do that when
      Reuter,; Bloomberg  -  408 words
    • Article
      Lock icon 2.5-3% growth seen for OECD
      498 12 PARIS Draft statement from OECD also pledges to make bribery of foreign public officials a crime Reuter, Bloomberg THE OECD sees economic growth of 2.5 to 3 per cent in 1997-98 and expects it to be more balanced across the 29 member countries, says a
      Reuter,; Bloomberg  -  498 words
    • Article, Illustration
      Lock icon US Democrat leader may oppose MFN for China
      363 12 WASHINGTON Reuter HOUSE of Representatives Democratic Leader Richard Gephardt on Sunday hinted he would oppose extending the most-favoured-nation (MFN) trade status to China that the Clinton administration favours. China's MFN status and the favourable tariffs that it enjoys on its exports to
      Reuter  -  363 words
    • Article
      Lock icon Yeltsin says pact with Nato is in Russia's interest
      429 12 MOSCOW But he warns against former Warsaw Pact members joining Nato Reuter PRESIDENT Boris Yeltsin defended an accord he plans to sign with the North Atlantic Treaty Organisation (Nato) today, but warned that any moves by the western alliance to bring
      Reuter  -  429 words
    • Article
      Lock icon US policy stays until Iran ends support for terrorism
      242 12 PARIS AFP US POLICY toward Iran will not change as long as the Islamic state supports terrorism and stands in the way of the Middle East peace process, State Department spokesman Nicholas Burns said yesterday. Mr Burns, speaking on board the
      AFP  -  242 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      62 11 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 First Capital Property 5_S Management Pte Ltd ißr (A member of First Capital Corporation Group) Tel: 437 6817/534
      62 words
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      119 11 I jjflßßNlfll Is JKL .'"^m «< jfer 3*3 I Jl^^H it** a z J q v <- "~^J-fj j£.-^ "^«gdsj| v g j^jP&j :> V I Please, sit back and relax in the comfort of our First or Business Class I I seats. Enjoy the fine wine we serve. The
      119 words
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      294 12 :Z~ -V H *V* f'?M *j. ;•.'M *v£Mr -wT ;< '\*< shoHf**>" v %%>«•-" '< r 4 v'l ".>.> ./-V£ *,v >}-,, i v > > ":4 **■**>. -v, v v Jr.-'*. ?i p* *y >* •<-> i:' v. u*# VI V. -> 4 i flfi* JSI&SmMS*? ■V >" ®ps-«*«
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  • EDITORIAL & OPINION
    • Article, Illustration
      Media laws: bed of nettles for Howard
      770 13  -  THE BOTTOMUNE OPINION By Peter Lynch The writer is a Sydney-based journalist who contributes to BT BACKBENCH MPs are on the war path. Party elders are worried. The Senate is out for a public inquiry. And the biggest media players in the world
      770 words
    • Article
      IN OTHER WORDS
      154 13 'It's a little like a line of chorus girls, all with impeccable timing, raising their leg exactly so high.' Australian shadow treasurer on collusion among major banks in setting home loan interest rates. 'We still have a military. Its primary purpose in the 1990s seems to be
      154 words
    • Article
      Of holidays in Malaysia
      626 13 EDITORIAL IT SEEMS there's nothing that Singaporeans can do which is right in Malaysian eyes these days. Not too long ago, Singaporeans were held as the principal cause of Johor's ills —from rising prices of groceries and homes, to congestion on the streets. Now, it seems,
      626 words
    • Article, Illustration
      Lock icon Financial Big Bang for US a long way off
      891 13  -  Lawmakers resist bid to abolish old Glass-Steagall banking law By: Leon Hadar The writer is BT's Washington correspondent FOR more of a decade, the United States Congress has been debating a proposal to reform the 1933 Glass-Steagall banking law, which bars
      AFP  -  891 words
    • Article
      WHAT THE OTHERS SAY
      851 13 The fects on US' Chin* policy A YEAR ago, key Republicans and Democrats were forging a new bipartisan consensus on China... Bob Dole, Newt Gingrich, Warren Christopher, Sam Nunn, Bill Bradley and I were all giving the same speech about China all advocating a nuanced policy
      851 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      48 13 DOONESBURY By Garry Trudeau wo,/ ccYVjiN- I JUSTF6I7 UKS T r STRUTTING MY I PONT WIOHAT?I J^TIGMT COTTON pi HHAT PIP INGAr Me, CHASe? STUFF" ACTING BEUZVZ SMEATBRANP 1 you MEAN IT* JUST A SIMPLE L!K£ A HEALTH/ W&- N YOU! J THE WAMPY ?L!?Avr MAKBOV&Z-' 6AYMALS/N P&PIAY
      48 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon An older, wiser, still raging Bellow
      1792 14  -  At 81, celebrated writer Saul Bellow continues on his quest to create the ultimate fictional reality, as mel gussow finds out MEL GUSSOW NYT SAUL BELLOW is "a first-class noticer," in common with Harry Trellman, the protagonist of his new novella. The Actual. The
      NYT; FILE PHOTO  -  1,792 words
    • Article, Illustration
      Lock icon Anything's possible with no clear front-runners
      908 16 FRENCH OPEN The top players are either suffering from injuries or lack of confidence or both NYT [PARIS] Only the clay, dirty and dusty and destined to make a mockery of everyone's white socks, looks the same. Though the time has come for the
      NYT; FILE PHOTO  -  908 words
    • Article, Illustration
      Lock icon Tiger tamed in Texas, denied third straight win
      482 16 GOLF David Frost takes the Colonial tournament as Woods ties for 4th LAT-WP [FORT WORTH, Texas] No three-peat for Tiger Woods. Instead, it was David Frost, winning for the first time in three years, who took the Colonial golf tournament here on
      LAT-WP; AFP  -  482 words
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      168 14 1.6 or 1.8 automatic transmission, 101/125bhp engine, original 15-inch alloy wheels, full-size twin airbags, ABS, easy entry function aeats, automatic climatic control air Con. colour interior and exterior. |dij I sfirazSSl m ■'Wttß^^m^^Km^Wi^l^ BSf r > TrMKttl^RfKK^H^r^*w i, yffife jflHSt-* *fi >llHBpSs^jagE- .#ss/*£ v .^4 r ivAv>fe-. jc***?%*, .f£a llllljHMMßMM^MiSlifijSlM^
      168 words
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      553 15 SINGAPORE BUSINESS Giving you the winning edge Where to wine, dine and entertain... Presentedby:: (oJ&S "IsH T 290 4545 R I C H TASTE at the Hilltop Lounge at only 57.50+ per can r reservations, 1 'lJ'/f/U*please call 737 1666] V exi~ino> y I Jow fcrt*. Shgopow 23*11 tat WlU*
      553 words
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      141 15 i SOUTH AFRICAN A FLAVOUR i GOES CANTONESE gttAe Meptuno frow now tl/f tt May. f Enjoy OstrtcA JlsAe*, SoutA Afrfe«n» Jl win* ctkJ <i SoutA Africon Revue 9Aow for ow/.y y?7y for o taU* of to. You couH win <i trip to SoutA Africa cmj Mourttius in our hicty
      141 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      733 15 TV&RAPIO 12.45 AM X-Files (r). 11-30 TV Innovations. iMNMMW L3a Remington Steele L3O AM Close. 2.00 PM TV Innovations. Steele's Gold. ■IMII^MBWi^BMWHBBBKw*"'Il I iI''BHHBfiBKI 2.30 The Winners. 230 By Demand. 3.00 Money, Money. Money. 3jß The Three Stooges. 12.00 NN News. 330 How to Succeed in Busi- 3.3* Hogan's Heroes.
      733 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      156 15 CRYPTIC CROSSWORD 28 urged on (7) 29 Portuguese colony leader is 7 Chests sounds like people YESTERDAY'S SOLUTION progressive (2-5) having trouble with them (7) 30 The Lord Mayor's Show? 8 How, proverbially, peace |PlojPlHeisiTmviAjLMM7l (4,11) may prove very expensive? down (7.2,6) ItU i UmmMu rgEi 1 Had run posthaste,
      156 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      176 16 There's Only One Singapore Bank That powers ahead in indicated Loans. In l'>') 6 alone. DBS B.mk originated and attained o\ei position •-Mined l In« »uj li t'lio hual and market lejton ainj Mom!. we io weilpLkedto meet \oiit lin.iiKinj needv A N MS 6| debt iwrtev rai>in j I
      176 words
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  • COMPANIES & MARKETS
    • Article
      NatSteel to raise US$190m to invest in steel business
      424 17  -  Part of proceeds from preference share Issue will be used to buy stake in Brazil steel maker By] Lee Han Shih [SINGAPORE] Nat Steel Ltd, which is just weeks away from listing its electronics subsidiary, is raising US$l9O million ($272 million)
      424 words
    • Article
      BOT bail-out for Finance One too risky: analysts
      553 17  -  Plan won't solve crisis, BOT may be overextending itself TYom. Harish Mehta in Bajigkok THFfJSTOr latest rescue'plan for the country's biggest finance firm, the debt-laden Finance One, will not solve the crisis of bad loans facing the financial sector, analysts said yesterday.
      553 words
    • Article
      US$944m loan for Osprey Maritime
      154 17 [SINGAPORE] Singaporelisted Osprey Maritime yesterday announced it has signed a US$944 million (Ssl.3 billion) loan to finance its purchase of the Gotaas-Larsen Shipping Corp. The syndication was arranged by Den norske Bank ASA. Banque Indosuez. Christiania Bank Kreditcasse ASA and Credit Suisse First Boston. The
      154 words
    • Article
      IPO market in doldrums as 20 Thai firms face delisting
      589 17  -  HOCK LOCK SIEW Harish Mehta SINGH Tangtatswas had little to celebrate on the 22nd anniversary of the Stock Exchange of Thailand (SET) last month. With the stock market at its lowest level in more than seven years, the president of
      589 words
    • Article, Illustration
      Aztech confident of resuming growth and profitability
      368 17  -  ll!h Jennifer Lien [SINGAPORE] Aztech Systems is "firmly placed to resume growth and profitability" after returning to the black in last year's second half, says company president Michael Mun in its annual report. Mr Mun. who is also chief executive officer, said in
      368 words
    • Article
      Bousteadco profit falls 57% to $1.5m
      295 17  -  Technical services division's earnings slide 37% Clarissa Tan [SINGAPORE] Industrial products company Bousteadco Singapore yesterday reported a hefty 57 per cent fall in net profit to $1.52 million for its financial year ended March 31, 1997. Group turnover fell a marginal 1.2 per cent
      295 words
    • REGIONAL COMPANIES
      • Article
        KIE and Shell in Suzhou LPG deal
        386 18  -  New joint-venture to meet gas demand under Phases 2 and 3 of the Suzhou Industrial Park Ronnie Lim [SINGAPORE] A newly established joint-venture company involving Keppel Integrated Engineering and Shell intends to develop and run more LPG (liquefied petroleum gas) facilities to cater
        386 words
      • Article
        Roly's sponsorship deal
        149 18 [SINGAPORE] Mainboardlisted Roly International Holdings has won a US$l million (Ssl.4 million) television sponsorship deal from US companies Sears and La-Z-Boy for its newly acquired US television programmes. The deal is Roly's first TV sponsorship income for the year ending April 1998. The US$l million in fees
        149 words
      • Article
        Powermatic post-tax loss worsens to $2.45m
        191 18 [SINGAPORE] Powermatic Data Systems yesterday announced a further deterioration in its results, with aftertax loss deepening despite an improvement in turnover. For the year ended Feb 28. group post-tax loss worsened to $2.45 million from $1.74 million in the previous year while turnover rose
        191 words
      • Article, Illustration
        Lock icon Fitted for the countdown
        72 18 (HONGKONG] Models leaping into the air at the unveiling of Hongkong's Regent Hotel 'Countdown Clock 'yesterday. The clock will tick off the remaining 35 days until China regains sovereignty of Hongkong. The colourful vests worn by the models feature Chinese and British flag motifs and are
        REUTER  -  72 words
      • Article
        Lock icon Indah Kiat plans asset sale to unit
        544 18 Sale of power plants valued at 609b rupiah to help trim the company's debt Bloomberg [JAKARTA] PT Indah Kiat Pulp Paper said it plans to sell power plants to an affiliated company in an effort to trim debt. The move is part of
        Bloomberg  -  544 words
      • Article
        Lock icon Kumpulan Guthrie confident of better year
        253 18 Bernama [KUALA LUMPUR] Kumpulan Guthrie expects the financial year ending December 1997 to be even more productive and eventful for the group as it continues to build on the success achieved in the last three years, said its chairman Mohd Ghazali Haji Che Mat.
        Bernama  -  253 words
      • Article
        Telekom Malaysia cuts IDD call rates by up to 18%
        406 18  -  Move part of strategy to position itself as regional telecoms hub From Meera Tharmaratnam in Kuala Lumpur TELEKOM Malaysia Bhd has announced a cut in international call rates of up to 18 per cent to 35 destinations, with effect from
        406 words
      • Article
        Lock icon GT Kabel's Q1 profit up 4.5%
        119 18 Bloomberg [JAKARTA] PT GT Kabel Indonesia said first-quarter profit rose 4.5 per cent as the maker of power and telephone cables received a gain from its share of a minority unit. Profit in the three months ended Mar 31 rose to 3.54 billion rupiah
        Bloomberg  -  119 words
      • COMPANY Briefs
        • Article
          GK Goh goes into moneylending in HK
          54 18 [SINGAPORE] GK Goh Holdings has acquired Star Expert Investment Ltd, a company incorporated in Hongkong with an issued and paid-up capital of HK$l,OOO (*****.60). The Hongkong company will change its name to GK Goh Capital (HK) Ltd and will be applying for a
          54 words
        • Article
          Datacraft gets pan-Asia certification
          58 18 [SINGAPORE] Datacraft Asia has received recognition from US-based networking company Cisco Systems for its ability to build and support large and complex data networks. Cisco awarded Datacraft its Regional Gold Certification, the highest accreditation it gives to its partners. Datacraft is the first company to achieve
          58 words
        • Article
          Lock icon Listing aspirant sees M$12.6m earnings
          116 18 Bernama [KUALA LUMPUR] Chin Foh Bhd, which makes non-ferrous metal products, has forecast a consolidated after-tax profit of M 512.59 million (517.19 million) before deducting a Ms2.l million pre-acquisition profit—for the financial year ending Jan 31,1998. The company, en route to a listing on the
          Bernama  -  116 words
      • Article
        Lock icon A$760m wiped off BHP's market cap after warning of lean times
        399 20 Investors abandon bine chip after company forecasts flat performance Reuter {SYDNEYI Australia's largest company, The Broken Hill Pty Co Ltd, yesterday saw about As76o million (*****.3 million) wiped off its market capitalisation after warning of lean times ahead. Investors
        Reuter  -  399 words
      • Article
        Lock icon Beijing Enterprises share sale makes history
        404 20 HE investors bet on stocks with China ties; bid USs3o.3b for stock totalling USs242m Bloomberg [HONGKONG] Hongkong investors made a share sale by the China government the most popular in the territory's history. Beijing Enterprises Holdings Ltd drew bids for 1,250 times the 15
        Bloomberg  -  404 words
      • Article
        Lock icon Dharmala cutting stake in Chinese agri-products firm
        342 20 It plans to focus on financial services and car park management Bloomberg [HONGKONG] Dharmala Holdings Ltd, a Hongkong trading and services company, said it is restructuring to cut its stake in a loss-making Chinese agricultural products trader. The firm will raise HK$l9l million
        Bloomberg  -  342 words
      • Article
        Lock icon Banks with China ties are hot in Hongkong
        227 20 Reuter [HONGKONG] China-related banks have become the latest Hongkong market sector to feel the heat of red-chip fever, which is pushing bank shares to new highs. But investors are asking how one values a rapidly growing bank in an emerging economy that
        Reuter  -  227 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Roche acquires two companies for US$11b
        562 21 Boehringer, DePuy will make Roche the world's biggest diagnostics company Bloomberg [BASEL, Switzerland] Roche Holding AG said it will buy all of Boehringer Mannheim GmbH, a German drug and diagnostics company, and a majority in DePuy Inc of the US, an orthopaedics product maker,
        Bloomberg  -  562 words
      • Article
        Lock icon Japanese chipmakers get ready to stage comeback
        404 21 Big Five firms ramping op output of higher-priced chips Bloomberg [TOKYO] Japan's five largest chipmakers are poised to rebound from a disastrous year by boosting production of advanced chips that command higher prices. "Profit growth at the Big Five is headed for a
        Bloomberg  -  404 words
      • Article
        Lock icon Telecoms lifts Mannesmann sales 14%
        185 21 Reuter [BONN] Germany's Mannesmann AG said yesterday its telecommunications unit sparked first-quarter sales to rise 14 per cent to 8.1 billion Deutschemarks (556.9 billion). The telecoms unit, which includes Germany's largest mobile phone network, saw sales rise 69 per cent to 1.4 billion marks. The
        Reuter  -  185 words
      • Article
        Lock icon Bandai and Sega going ahead with merger
        134 21 AFX-Asia [TOKYO] Bandai Co Ltd said it plans to merge with Sega Enterprises Ltd as planned tomorrow. "At an extraordinary board meeting today, we reconfirmed that we will merge with Sega as planned," Bandai managing director Mikio Ishigami said yesterday. He said at
        AFX-Asia  -  134 words
      • Article, Illustration
        Lock icon Formula One listing on track despite row
        412 21 Leading racing teams want bigger stake in the public company FT [LONDONJ Plans for the US$3.2 billion (554.6 billion) flotation of Formula One Holdings, the motor racing series controlled by Bernie Ecclestone, are still on track in spite of a row with leading
        FT; FILE PHOTO  -  412 words
      • Article
        Lock icon Mitsubishi Materials' pre-tax profit up 27%
        223 21 AFP [TOKYO] Japan's Mitsubishi Materials Corp yesterday ipfd higher sales and cost-cuttirtg lifted its parent pre-tax profit 26.9 per cent from a year earlier to 10.5 billion yen (Ssl2l million) in the year to Mai^h. Revenue edged up 3.6 per cent to 749.4 billion
        AFP  -  223 words
      • Article
        Lock icon Nippon Credit Bank losses up 190%
        227 21 AFP [TOKYO] Nippon Credit Bank Ltd (NCB) said yesterday its consolidated pre-tax loss expanded 190 per cent from a year earlier to 366.9 billion yen (554.54 billion) in the year to March, compared with a loss of 126.5 billion yen a year earlier. The
        AFP  -  227 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Citicorp to set up fund management team
        370 22 Plan to boy business abandoned as bank hires high-flyer to woo other money managers FT [NEW YORK] Citicorp has abandoned plans to buy a fund management business and decided to build its own. The US bank has recruited Peter Carman, former head of
        FT  -  370 words
      • Article
        Lock icon Aussie govt-owned investment bank gets nod for sale
        197 22 Bloomberg (CANBERRA] Australia's Senate voted to approve the sale of AIDC Corp, the governmentowned investment bank that was partially privatised in 1988. The sale passed with amendments sought by the Australian Democrats regarding Australian Submarine Corp (ASC), which AIDC partially owns, removing
        Bloomberg  -  197 words
      • Article, Illustration
        Lock icon Wall Street, Zaire
        52 22 [KINSHASA] A woman in Kinshasa exchanges Zairean money, mainly for dollars, in a street called Wall Street. The exchange rate is fixed in the street. The new government has to put up with money carrying the effigy of ousted president Mobutu Sese Seko until new money is
        AFP  -  52 words
      • Article
        Taiwan banks rush for HK licences
        401 22  -  Fears of curbs after Jniy trigger flood of applications From Braoe Cheesman to Taipei FEARS that Hongkong financial regulators could restrict Taiwanese banks from opening new branches in the territory have led to a flood of applications for new licences in t|ie countdown to
        401 words
      • Article
        Lock icon Dai-Ichi Kangyo Bank may be charged
        331 22 AFP [TOKYO] Japan's beleaguered finance ministry is preparing to take unprecedented criminal action against a leading bank over a loan scandal, in a move seen as an attempt to draw a veil over its own negligence, reports said Sunday. The ministry is expected to
        AFP  -  331 words
      • Article
        Lock icon Euroyen firms but downside lingers
        203 22 »i ii»m Report Reuter [SINGAPORE) Simex Euroyen futures rose as players covered their short positions in trade thinned by holidays in London and the US yesterday. The market remained vulnerable to further tests of the downside after comments by Japanese Finance Ministry official Eisuke Sakakibara
        Reuter  -  203 words
      • Article
        Futures end slightly higher on thin volume
        178 22  -  MSCI TAIWAN FUTURES By Ric Trotta Trotta, Floor Manager, Refco Singapore Pte Ltd [SINGAPORE] THE Simex MSCI Taiwan Index futures ended slightly higher on very light volume. The May and June contracts both ended up 21 points at 353.5 and 350.8 respectively. The
        178 words
      • Article
        Lock icon Iran unlikely to change oil policy
        255 22 ENERGY REPORT Reuter [TEHERAN] Mohammad Khatami, who won a shock landslide victory in Iran's presidential election, is unlikely to usher in major changes to Teheran's oil policy after he takes office in August, trade sources said yesterday. "Khatami has said very little on what
        Reuter  -  255 words
      • Article, Illustration
        Untitled
        1147 22 nmnUUMKOOWKATBS May 26 CMM 0.87 088 0.84 0203 0.131 4308 2.936 0.139 1473 0J01 0.J74 4467 1172 0.172 0.538 0.168 1334 1090 0073 0.120 ECU 1507 1509 9403 4.572 1947 8.942 ***** 20J9I 1239 KUOl 2490 1468 44.737 30.447 U52 5071 148 32.022 ***** a705 LB5 i Frwct 0l229 0242
        1,147 words
      • Article
        Lock icon 'Lump-sum' package helps China metal importers cut costs
        257 22 Reuter [SHANGHAI) Importers of metal into China can cut their costs by accepting a so-called lump-sum package organised by local trading firms to help avoid high import-related taxes, sources said yesterday. "Of course, it is cheaper than the regular channels, saving them
        Reuter  -  257 words
    • Article
      COMMODITY PRICES
      1618 23 SlCOMPUTU» ng May 26 jMim (Will ttS 1 CONTRACTU ctata/ty CJOM Votam Om Mutt Wm lip fctt (to—w) lateral An 97 143.50 *3.00 *3.00 400 HO Mfr *3J0 im A«9T 164.25 2020 $m 97 169,00 2020 O&tac 97 tHOO 44.00 166.50 >50 3900 Jw/lhr9« 165.50 165.50 167.50 75
      1,618 words
    • Article
      Lock icon TOKYO
      1590 23 AFP PJ Nikkei 225 ♦34J0 SHARE prices posted limited gains yesterday with the key market barometer closing 0.2 per cent higher in sluggish trading led by shortcovering on export-oriented issues. Brokers said institutional investors were mostly sidelined ahead of the last trading day for May futures delivery today and
      AFP  -  1,590 words
    • Article
      WORLD STOCK MARKETS
      2133 23 london WKKKKM m*a Nt» *h 31 Group 510.400 *5 AB Ports 266.400 -1 AMwy National 932.400 12.400 AModDomocq 451.400 -4400 Ante 142.400 -1 Asda Group 118.400 -1 •ATM 569 -I BG Pic 201 *3 BtCC 174.400 -7 BOC Group 990.400 -4400 BR Potrotoum 735.400 *2.400 BTR 217
      2,133 words
    • Article, Illustration
      Lock icon HONGKONG
      1527 24 AFP +242L96 HONGKONG'S stock market, buoyed by last Friday's roaring Wall Street and a rush for "red-chips" ahead of the colony's return to China, rose 1.7 per cent on record turnover to a record high close yesterday. "Volume is high, sentiment is good, it's just acting like a bull
      AFP  -  1,527 words
    • Article, Illustration
      Lock icon CHINA
      657 24 Reuter CI Shenzhen B Index -%M THE SHENZHEN B share market fell yesterday after a leading A share firm postponed a shareholders' meeting due to a probe into share trading irregularities. The B Index lost 6.84 points, or 4.5 per cent, to 146.34 as turnover inflated to HK5263.5 million
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  657 words
    • Article
      Lock icon TAIPEI
      386 24 AFP Q VP Index +15J6 SHARE prices finished higher yesterday as some investors sought electrical issues. "The rally was mainly driven by purchases of selective electrical shares while most other issues ended flat," said a trader. The Weighted Price Index rose 15.% points to 8,194.66. Turnover was 1.45 billion
      AFP  -  386 words
    • Article
      Lock icon WELLINGTON
      261 24 Reuter H Wellington +7.36 SHARES closed firmer yesterday but failed to follow through on early gains forged on the back of Telecom's share buy-back. The NZSE Capital Index closed 7.36 points higher at 2,311.05. Reuter Iter M *h roooi AN2 Bonking 9 JO *0.05 ***** Advontogos HMgs 1.33 unch
      Reuter  -  261 words
    • Article, Illustration
      Lock icon BANGKOK
      833 24 AFP Q SET Index -12.77 SHARE prices fell 2.2 per cent yesterday as trading resumed for 30 minutes after an almost day-long interruption due to a computer malfunction. Investors had substantial sell orders lined up before trading was suspended three minutes into the day, with the collapse on Friday
      AFP  -  833 words
    • Article
      Lock icon SEOUL
      409 24 AFP Q Composite Index -&18 SHARE prices fell yesterday with many investors locking away profits. "Brokerages and banks were at the centre of profittaking after recent gains and in the absence of buying interest," an analyst said. The Composite Index lost 6.18 points at 718.99. Turnover was 39.2 million
      AFP  -  409 words
    • Article
      Lock icon SYDNEY
      588 24 Bloomberg F1 AD Ordinaries +20J STOCKS rose to new records yesterday, led by banks, as their dividend yields compare favourably with the yields available from fixed-interest investments. The All Ordinaries Index rose 20.9 points to 2,584.8 surpassing Friday's record high of 2,.572.7. A&NZ Banking Group rose 21.5 cents to
      Bloomberg  -  588 words
    • Article, Illustration
      Lock icon JAKARTA
      749 24 AFP f% Composite Index +4JB SHARE prices closed higher yesterday with trade bolstered by last-minute gains in selected stocks, dealers said. "Many stocks moved up at the last minute. I am not sure what is going on but I suspect some companies support those stocks," said a dealer. The
      AFP  -  749 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares higher on light bargain hunting
        556 25 AFX-Asia PI Composite Index ♦2J9 SHARE prices closed marginally higher yesterday in dull trade with light bargain hunting on the main board but profit-taking in second and third line stocks, dealers said. The KLSE Composite Index closed up 2.99 points at 1,081.19 on volume
        AFX-Asia  -  556 words
      • Article
        Untitled
        7726 25 mhhthmhi Cmsmmc prefect* 1997 LMt Vol Day Net Cap Ht» Leer Ca—ly Mi •OOP HlgH Low Ptt 790 5*0 Ajinomoto 6)0 ~5 1 610 610 318 2*1.2 446 293 Angkiu 322 -2 52 326 320 9.6 474.8 905 610 Apollo Food Hlg 720 288.0 428 «9 Barley* ind 299 susp
        7,726 words
    • WARRANTS & OPTIONS
      • Article
        IGB wrt may be a profitable punt
        230 26  -  WARRANT WATCH 5. /V Ven Sreenivasan CLOB-TRADED warrants are back in play, with instruments like Lien Hoe, Renong, Multi-Purpose, 101 and IGB all being actively traded on the over-the-counter market here in recent days. As we have pointed out before, war rants tend
        230 words
      • Article
        Untitled
        3567 26 BONDS, LOAMS k VAMANTS wt 1997 Last Vat Day Laat Ouata Avg High Law StlM Company Mt *ar- rOOO) High Lot ■—r Sa8ar Mn 68 44.5 m 3000 m AMOS cS.5%*****6 50 52.5 67 415 3160 "Acar ******1USS 64.5 -2.5 52 66 5 63 63 643 131 77 3164 Ac
        3,567 words
    • Article
      CLOB INTERNATIONAL
      2295 26 MALAYSIAN STOCKS Cr Cr tt*7 Last V« Day Lad Quota Dh Ok «H M MCap L— Stue Sale room MHO L— Bfr S««« Cw P/t 478 296 m s 5000 A1S8 SOc 336 -4 69 348 332 332 336 5.0 4.9 0.4 693 344.7 137 903 ms 5001
      2,295 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1618 27 TURNOVER COOO) VALUE COOO) IHIH Clod To<H M«4n Clot Totd Industrial 24,640 19.192 43.832 73.389 40.024 113,413 r«VMK« 4,704 8.591 13,297 44.043 13,780 57,823 Hotots 875 1.495 2.370 2.004 2.912 4.916 Properties 4.875 9.882 14.757 28.824 12,079 40.903 Plantation U05 t.705 6.356 6,356 Mtninq 500 500 1.449 1,449 BIN 3,650
        1,618 words
      • Article
        MAIN BOARD
        5224 27 Transaction Date iMav 26 Cr Cr M Wt 1997 Last Vol Day La»t Ouote Otv Div YM Net Cap A*q High Law StNo Company Sala COOO) Hlqh Low Buytr Sailor Cvr P/E Smll Price INDUSTRIALS 5146 ASENTS***** US- 885 885 1275 ASF US$0 01KX) US885 035 88.5 200
        5,224 words
      • Article
        SESDAQ
        1158 27 Cr Cr M Wt 1997 Last Vol Oay Last Ouota Otv Dt* rid Hat Cat Av* High Loo St No Company Sato COOO) High Low Buyar SoUof Cw W $mtl Prtca SESOAQ 186 99.5 0 2000 ABR Hldft Sc 102 cd -i 17 103 >02 102 104 J.0 6.0
        1,158 words
      • Article, Illustration
        HOT STOCK
        63 28  -  by! Shiv Taneja IN THE near term. MBf Holdings will trade sideways. However, in the longer term, the stock is likely to fall. Those with the shares should sell with a view to getting them back at anything below 65 cents. In the market yesterday, MBf Holdings closed
        63 words
      • Article
        Untitled
        229 28 Stocks Volume HK Land US$0.10 7,456.000 •CASH 50c 7.332,000 Pac Amies 20c 5,483,000 •Renong WtOO 3,456,000 W WantUS$0 20 3,279,000 •Lien Hoe TSR97 3,236,000 •Renonq Bhd 50c 2,867,000 •MBf Hldgs 50c 2,691,000 •FACB50C 2.114,000 •Multi-P Wt98 2,099,000 Stocks HK Land USS0.10 20,508,050 •CASH 50c 17,428,600 OUB Foreign 11,653,605 W WantUS$0.20
        229 words
      • Article, Illustration
        Trading slow due to lack of corporate leads
        666 28  -  STOCK MARKET COMMENTARY Dealers attribute caution to reports suggesting electronics-led recovery may not be so soon By Ven Sreenivasan [SINGAPORE] Activity here wound down to a snail's pace yesterday with stock prices hardly changed from last week in the absence of corporate
        666 words
      • ON THE GRAPEVINE
        • Article
          From status to grassroots symbol
          102 28 MORE than five years ago, handphones were used almost exclusively by professionals and executives. It was then considered a status symbol which the users flaunted in restaurants, hotel lobbies and sidewalks at Orchard Road and Raffles Place. Now it is so common that hawkers, construction
          102 words
        • Article
          Five-star men in training
          72 28 MANAGEMENT staff at five-star hotels work in comfortable surroundings perhaps too comfortable, as far as one hotel is concerned. Last week, it sent 31 management staff to Pulau Übin for a bit of sun and sand, a lot of pedalling (bicycle was the main form of
          72 words
        • Article
          Time for Money?
          165 28 THE latest magazine to devote a special section to the growing number of middle-class Asians is Time, which just introduced a "magazine within a magazine" called Time Money (Money being a Time publication and the best-selling financial magazine in the United States). This "personal finance for Asian
          165 words
        • Article, Illustration
          Hot-kid won't be found wanting
          123 28 BACK to Want Want Holdings, which manufactures rice crackers. The Taipei-based company has dedicated the first two pages of its annual report to explaining its mascot a beaming, round-faced baby boy known as Hot-kid. We are told, for instance, that Hot-kid's round face "signifies good
          123 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      14 17 Osprey in talks to buy 3 product tankers from CMB, Shipping Times Pg 1
      14 words
    • Advertisement
      Page 17 Advertisements Column 2
      253 17 HBHI Kdki Bukit Techpark 11. mi your spacG to qrouj. mm, f A Give your business room to grow at Kaki Bukit hu Techpark 11, where 36 units of 4- and 5-storey terrace factories are now up for sale. KSL, Easy access via PIE, ECP and nearby MRT stations VT,
      253 words
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      1262 18 I™" 11 (Incorporated in the Republic of Singapore) a member d Singapore Technologies NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 16th Annual General Meeting of the Company will be held at Conference Room 2, 79 Robinson Road, #30-00 CPF Building, Singapore *****7 on Friday, 13 June
      1,262 words
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      Page 19 Advertisements Column 1
      219 19 Wtf IVB' J Little debate... SCVV Business Vision immediately hooks you up to more channels. Business Vision Offer your guests a larger platter This is a new service from SCV, that offers you up to 12 channels of news, Hotels with SCV Business Vision provide their guests with an added
      219 words
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      Page 20 Advertisements Column 1
      38 20 l_ I SINGAPORE'S MOST INSPIRING HOMES 143 PAGES OF WONDERFUL ROOMS AND IDEAS I m pm xzjk. A GREAT BOOK FOR YOURSELF. FAMILY OR FRIENDS GET IT AT TIMES THE BOOKSHOP IN CENTREPOINT, PLAZA SINGAPURA AND RAFFLES CITY
      38 words
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      Page 20 Advertisements Column 2
      400 20 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF ACCESS VSO PTE LTD (Member*' Voluntary Liquidation) Man Extraordinary General Meeting of the Members of ACCESS VSO PTE LTD. duly convened and held on 23 May 1997 the following was duly passed1. SPECIAL RESOLUTION RESOLVED THAT
      400 words
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      Page 21 Advertisements Column 1
      65 21 BIIIBIIDII Share Recommendations fflS from experts Useful tips on what to buy, sell or hold. Share Allocation Results using CDP Numbers. Wondering which share result? Call 740-2350(24-hrs) to check first. nab IULIII Colls cost SOt m minute (tuhjrci to .1% (iST). mm Be n W igS| 9§| y^Br v llvl
      65 words
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      Page 21 Advertisements Column 2
      105 21 j I Q That's good news to over 2 million raiferc! I and it is to the company's advantage to build up awareness of its corporate JMJ I identity, goodwill and reputation jw before its Initial Public Offering. mm, OB«MnoN«N»eH| |M With a coverage of more than two million readers
      105 words
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      129 24 ■I HI! gsWilir' TRADING ROOM FURNITURE i WSBMI 1 2B I II our dealing and broking workstations are ®Pls(r» hHMI H M mmm JggfKF§ designed and manufactured in the UK by DAS |f 11 Ti T iHWEMPii d I i Specialist Business Furniture, the fastest MI L —11 I j
      129 words
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      Page 26 Advertisements Column 1
      28 26 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 27 Advertisements Column 1
      64 27 Our auto listings won t steer you to The Straits Times m Classified for the best wrong! deals on wheels. 15*!*] DOESN'T IT MAKE BUDGETING SENSE TO PAY ONLY A FIXED MONTHLY AMOUNT FOR DRIVING A MERCEDES OR RENAULT AND HAVE THE OPTION TO KEEP THE CAR OR CHANGE IT
      64 words
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      Page 28 Advertisements Column 1
      686 28 msaxESSNotices (iMiIHA) ACMA LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Company will be held at 17 Jurong Port Road, Singapore *****2 on 12 June 1997 at 3.30 p.m. for the purpose of considering and,
      686 words
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      Page 28 Advertisements Column 2
      556 28 THE COMPANIES ACT, CAP. 50 COMMERCIAL HOLDINGS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Member of COMMERCIAL HOLDINGS PTE LTDduly convened and held at 101 Upper Cross Street 104-4 J People' s Part Centre .Singapore *****7 on the 2f>th day of May 1997. the
      556 words
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      Page 28 Advertisements Column 3
      417 28 IN THE MATTER Of THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF DSML PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN thai pursuant to Section 308 of the Companies Act. Cap. SO. the Final Meeting of the members ol the abovenamed Company
      417 words
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      Page 28 Advertisements Column 4
      495 28 IN THK MATTER OF THK COMPANIES ACT, CAP. SI AND IN THK MATT Kit OF NSK Ml< RO PRHISION SIM.VPORK (PTHITD I liHorporulc-d in Singapore) (In Mtmbtrs' Voluniar) I k|u«diti»ni Aim I tlnxiliiuf) (icncr.il Meeting of fhr> "f NSK MKKOIKKISH )N SINt.AHOKI (PTKI I .TO «luly omened jikl held J«
      495 words
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      Page 28 Advertisements Column 5
      119 28 To advertise call toll-free 1800-741 1883 Want to win a FREE TRIP to Spain for two? other attractive prizes The New Paper Holiday Marketing international "Win a Luxurious Holiday promotion. Look out for details in tomorrows The New Paper. Holiday Marketing Interna W ILTISB rMmu 100 Braun Shavers to give
      119 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      328 29 Reuter, Bridge News THERE was very little business concluded in most areas of the market, lookers said. Softer rates oentinued for Panamax tonnage booked in the east. The Baltic Freight ihdex was unchanged at 1291 and June futures fell 30 points in light volume, ttten settled 25 down,
      Reuter,; Bridge News  -  328 words
    • Article
      MARITIME STOCKS
      238 29 CWT Ofetrttutton U4 vndi 4 OwanHup LOT uncti WO Innaitmut 1.26 ikIi IS MMUnM 0448 *04)19 136 MHaMnfi 0.783 *0409 28 wtaitf too and* ns HKCNZHM 0.70 -041 241 Mf HOMaqs mmmm S 60 J3ft HaidlnQt 0.97 -003 30 JMaaSMpyar* L40 uncti 2*4 KafedCarp 4.70 -Ol 100* rtn
      238 words
    • Article
      ITF may launch drive against FOC in Asia
      452 29  -  After acting in Europe, federation turns attention to other regions, in 50-year campaign By' Yong Mei Fong [SINGAPORE] The International Transport Workers' Federation (ITF) will repeat the week-long campaign against flags of convenience (FOC), which it held in 17 European countries, in
      452 words
    • Article, Illustration
      Osprey in talks to buy 3 product tankers from CMB
      290 29  -  Vessels previously owned and operated by subsidiary Petrobulk Carriers Byl Marcus Hand [SINGAPORE] FoUowing the US$75O-million (Ssl.l billion) buyout of Gotaas-Larsen, Osprey Maritime continues on the acquisition trail and is currently negotiating to purchase three product tankers from CMB of
      290 words
    • Article, Illustration
      Lock icon Off to the Grand Banks
      67 29 [BULL ARM, Newfoundland] The Hibemia offshore oil production rig is towed by several tugboats, in the predawn fog, from its construction berth in Trinity Bay, Newfoundland. The rig, one of the largest in the world, is to be towed about 300 kilometres to the Grand
      REUTER  -  67 words
    • Article
      Lock icon Polish shipyard holding group likely to be ready by Oct
      289 29 Reuter [WARSAW] Poland's economy minister has said that the delayed creation of a shipbuilding holding group, designed to help the industry survive foreign competition, was likely to be completed by Oct 15. "All procedures necessary for setting up the holding
      Reuter  -  289 words
    • PORT Shots
      • Article
        Lock icon UK P&I Club's major claims
        65 29 NewsPage [LONDON] Nearly half the major claims covered by the UK P&I Club result from cargo damage, with dry bulk cargo accounting for half of them. A safety video Issued by the club earlier this month shows water causes most damage, particularly from leaking hatch
        NewsPage  -  65 words
      • Article
        Warehouse venture in Shanghai
        73 29 [TOKYO] Mitsubishi Logistics Corp (Mitsubishi Soko) has recently started construction of a state-of-the-art warehouse to the Pudong area of Shanghai with Mitsubishi Corp (Mitsubishi Shoji) and South-east Asia-based Chinese interests. According to a report in Japan's Shipping and Trad* News, the venture is being undertaken by
        73 words
      • Article
        Sea-Land's new humidity control system
        72 29 [SINGAPORE] Sea-Land Service Inc has introduced an advanced humidity control system in its reefer containers, called FreshMlst Unlike standard humidity control systems Fresh Mist is equipped with a water source, a pump, and a special water atomiser that introduces moisture into the containers air-stream. To
        72 words
      • Article
        Lock icon Shiprepair project at Paradip port
        68 29 Business Line [CALCUTTA] BCC Shipping Shipbuilding Ltd of Calcutta has Joined hands with Clark A Stanfleld Ltd of Paisley. Scotland, UK, to set up shiprepair facilities at Paradip port The project will consist of two floating dry docks 0f272 metre length, one graving dock, eight
        Business Line  -  68 words
    • Article
      China's Bohai yard to build 100,000 dwt shipway
      157 29 [BEIJING] China's State Planning Commission has just approved the building of a shipway for vessels of 100,000 deadweight tonnes at the Bohai Shipyard, one of the four largest shipbuilding enterprises in the country. The project involves a total investment of nearly 200
      157 words
    • Article, Illustration
      Lock icon Boeing merger plan sours ties
      975 30 US-ITU RELATIONS: UNDER A CLOUD A trade spat over the proposed Boeing-McDonnell Douglas merger, with European Commissioner for Competition Karel van Miert branding it totally unacceptable', casts a shadow over the EU-US summit Bloomberg Atrans-At-lantic trade spat over Boeing's proposed US$l4 billion (Ss2o billion) takeover
      Bloomberg; FILE PHOTOS  -  975 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      266 30 PACE Eastmal 5 ACL n ECl 1 AM 3 EES 12 4 Ethiopian 6 Accord 12 bntmi 6 ZL 4 lnn nlhin c Fl-SriflM 6 Foong Sun 12 J"* J C Ink 4 Omartrars 13 Gernhpg 9 Batammdo 7 g GWwWi T BtangMas
      266 words
    • Article
      SHIPPING GUIDE
      16684 36 THEBUSINESSTIMES EXPORT ETA ETA Advertiser v«m Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Oest'n Name Name Number Number SIN Oesrn Name Name Number Number 30/05 26/0* Pro Line PRO VESSEL *5 *****12 A 30/05 27/07 ClanS A G. WELL V17WLUCA VI74SB *5-53*7*3* T_ AOin I1U i
      16,684 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        628 43 Vossd Voy No Arrtv«l D«p«rturt Mm mm ***** J<irW ikntsak 27.05/2300 M ttrtj 3*»y97 JOI itomtuf 27 05/0000 ckm r» no r i»2M7 Ji3 mms* nosmoo f St Uwwt V5/97 JIT Ikwp** 29.05/2300 jMtM 1 01/97 JOS MVk 27 05/1500 Kortt MM 342 JB *m**i Phm«h L« PI70
        628 words
      • Article
        CONTAINER SCHEDULES
        1659 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Boofclno/Mtftct Mb Ship Voy No Etb/Btr Porto* from To From loom 704* 24/1500 24/1500 2IW 24/1*00 ACM mm «™»y 27/0059 IT/WOO l 27/otoo 27/m* 27/uoc 4 27/HW 27/149* 27/1700 taiM* oao wow m/bw turn* raw n/Sw 5 gun a/2300 U
        1,659 words
      • Article
        GLOBAL HOLIDAY
        187 43 MaySl Brunei: Royal Brunei Malay Regiment Anniversary Jan 2 New Zealand: Queen's Birthday. Jut Denmark: Constitutional Day. Juu 7 Malaysia Birthday of SPB Yang Di Pertuan Agong. Jag 9 Australia: Queen's Birthday. Hong Kong Tuen Ng Festival. Taiwan: Dragon Boat Festival. Jun 12 Philippines: Independence Day. Jan 16
        187 words
      • Article
        COCKETT BUNKER MARKET REPORT
        820 43 THIS report, compiled by Cockett Marine Oil Ltd. showi price ranges In US dollar* Instead of single price* for a more comprehen sive description of the market Prices shown are baaed on sverage sized stem. Market movements are Indlcat ed The Cockett Bunker Price Index change
        820 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        343 43 Carta* wo mu mo oj *.0 o.n o.m naaiiti iitir OhMm ill mmWhi MmiI No Aovi E25 0 0 2 ==2 300 AM *6.4 0.4 12.4 0*7 32 0.02 l22 300 Mu 991.4 H *.7 013 02 0.07 Wri %in »M/M %w gg —4 MOOOM 635
        343 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Cathay's A330-300 fleet expected to be operational in three weeks
        841 44  -  Cathay and Dragonair decline to divulge financial impact of flight suspension Fromi Quak Hiang Whai, Felix Chan in Singapore IT will take at least three weeks before all the suspended A 330-300 aircraft are fully operational again, Cathay Pacific officials
        841 words
      • Article
        SIA to comply with Boeing call for 747 checks
        460 44  -  By] Felix Chan [SINGAPORE] Singapore Airlines (SIA) yesterday said it would comply with Boeing's call on airlines flying its 8747 aircraft to check for worn or broken parts-that could create a spark and ignite explosive vapours inside the ftiel tank. "Singapore
        460 words
      • Article
        Lock icon Ukraine cancels air firms'leases on cargo jets
        194 44 Reuter [KIEV] Ukraine's defence ministry has cancelled air companies' leases on dozens of cargo planes and plans to use the planes as the core of a statebacked firm. Defence Ministry spokesman Serhiy Nagoryansky said last week the ministry wanted to use the planes
        Reuter  -  194 words
      • Article, Illustration
        Lock icon Tunnel of controversy
        84 44 [SYDNEY] Two policemen guarding the entrance to one of the tunnels on the new M 2 motorway before it was opened to the public yesterday. Security of the motorway was increased as a result ofprotesters pouring nails onto the surface of the road earlier in the morning.
        REUTER  -  84 words
      • Article
        Lock icon GM's Oklahoma workers vote to end 7-week strike
        329 44 Management and onion reach tentative agreement Reuter [DETROIT] Striking union workers at a General Motors Corp car plant voted on Sunday to end their seven-week-old walkout after the two sides reached a tentative agreement late Saturday night after marathon bargaining. United Auto
        Reuter  -  329 words
      • Article
        Int'l Air Finance invests US$10m in Mexico's Taesa
        232 44 Carrier to begin restructuring debts of USs3Bom [MEXICO CITY] International Air Finance Ltd has invested US$lO million (5114.3 million) in Mexican airline Transportes Aereos Ejecutivos SA (Taesa), for an undetermined equity stake, according to a Bloomberg report. Taesa has been facing financial
        232 words
      • Article
        Lock icon Indian mid-air disaster: turbulence may be the cause, says US pilot
        292 44 AFP [NEW DELHI] A mid-air collision between two airliners, which killed 349 people near the Indian capital, may have been caused by air turbulence, reports quoting a US pilot who witnessed the disaster said on Sunday. Timothy Palace, commander
        AFP  -  292 words
      • LOG Book
        • Article
          Citybus unveils HK$490 shopping list
          74 44 [HONGKONG] Hongkong's franchise! bus transport firm Cltybus Group and parent CNT Group have announced a HKJ4BO million (8100.6 million) shopping list for vehicles p and new routes, to be funded by Citybua'recent listing, the South CAlna Morning Po«r said yesterday. Cltybus managing director Lyndon Rees
          74 words
        • Article
          Japan requests air talks with US
          55 44 [TOKYOI Japan's Transport Ministry said yesterday it had asked the US for formal bilateral talks in their civil aviation dispute to be held sometime in the first two weeks of June in Tokyo. A ministry official said, however, that it was not yet clear
          55 words
        • Article
          Lock icon ANA chairman to quit this week:reports
          78 44 AFX-Asia ITOKYO] All Nippon Airways Co Ltd chairman Takaya Sugiura is expected to reeign this week, news reports said. The ANA board is expected to approve his resignation at a meeting on Thursday on the company's 1986-1907 accounts and the post of chairman will
          AFX-Asia  -  78 words
      • Article
        Untitled
        1337 44 OTY FU6HT ETA FU6HT ETP S0603 1905 C*****925 ill■ MmH W1I2M0 S0804 1020 MtWH S0230 1830 0fS2 2055 VK745 1300 YH744 WOO OfBI 1930 VH741 13*) VM740 WO ■HiHi« $0327 0105 OMR 0030 T6407 2105 T6408 0820 6*897 *>45 KL844 0040 M895 2150 W896 W5 KL037 1455 KL838 2300 He
        1,337 words
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      Page 29 Advertisements Column 1
      16 29 Boeing merger plan sours US-ED ties Spat casts a shadow over the EU-US summit. Page 2
      16 words
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      Page 29 Advertisements Column 2
      294 29 Cathay expects A330-300s to fly again in 3 weeks Carrier declines comment on financial impact. Baok Page CP 60: Booklet T\e Singapore Bunkering Procedure has become a national standard and is superseded by the code of practice for bunkering, or CP60:1996. A copy of the published code can be purchased
      294 words
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      Page 30 Advertisements Column 1
      1237 30 1«Q I I _.T < by Member* oI It* Registry at f599% lt@l3) Acer*** Shipping A<jent. yjU S*pof National Shipping Assocj Association J > jc i i r i ft' "Hi" *A' 1 fV I I —i Sr» I it* ~i i f •3 ■wJnS K K k. V. T
      1,237 words
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      Page 30 Advertisements Column 2
      38 30 I* IIMPPHO PTE LTD W—kly LCL eonwMMon —rvto— to MEXICO, CENTRAL A MOUTH AMERICA Wl Accepting cargo tor ports #i Maoco. Gu—nmt». 0 SatoKtor. Hbrxxrm Costa Domnctn Rep Puerto Rkxx. MnMh Thhfetet. Oofarnbfr Ecudor. Wru Cftte Pypuy ?r„
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      Page 31 Advertisements Column 1
      1131 31 PKIFK SOUTH WEST EXPRESS (DWECT) AISO ACOPTINO MAMAUS Ivesa 1 vor 1 m lain* Isnno 1 uu I pm I*— I cw |wk ah I hou »c« I I tfl 01X I It/OS I 21/05 I 22/tS M/M 10/Dt 1 11/ M 11/ a 12/ a 96/U 11/ It 11/
      1,131 words
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      Page 31 Advertisements Column 2
      1979 31 HANJIN SHIPPING UfA CANADA* [um mam/vpt imi S sa m \rm iw ]<* ott PS nt Imm I oho I oos ntc cm m~m no I'm Tim hm—imi n/ti u/m ~u/u~ n/u n/u b/m m/m ii/m m/m b/m m/m m/m v/u n/u v/u b/m b/m m/m n/u mmm m/m os/m
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      Page 31 Advertisements Column 3
      99 31 ORIENT EXPRESS UNES (U.K.) LIMITED OlLi# (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY siNGAPORE/MUMBAI (BOMBAY) SHUTTLE VKSE VOY gjWg KXMAY VtSStL VOY IQMIAY SWGAfOtt NORDKAP 411 28/05 04/06 NORDKAP 410 20/05 28/05 LEERORT 918 03/06 10/06 LEERORT 917 26/05 03/06 SWMARTOBA 212 10/06 17/06 SJNAR TOBA 211 03/06 10/06 NORDKAP 412
      99 words
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      Page 32 Advertisements Column 1
      1185 32 <5T DSR-SENA TOR jjm« Round the World Container Services f TO UK/CONTHNKNT FROU UTCCMfnNBNT «M£i Ivor m wra Imv 1 haw Ifu 1 amt 1 lha~l| yiigt Iwt iha bwv |nah ai wt icw tQm ibutw wra mm" an n« urn a n tiM mm cnoymmwomj) era m m m
      1,185 words
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      Page 32 Advertisements Column 2
      1312 32 NORASIA 1 VESSEL VOY rSS PKL OOA LAS BCL VAL ALO HOT MX ANT FEL LMA MSC CAALA *72W ili ili 1W lIS IUI i*M MM MSI 2MI I*M 72M IM* noufwbourg roi4 mm »m im nm ns7 *2*7 r%m wi ?%m vim turn NOR HONGKONG *7224 11M VM 7VDB
      1,312 words
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      Page 32 Advertisements Column 3
      366 32 CONVENTIONAL INDONESIA SERVICE VESSEL ETA ETD DESTINATION SAN WALIE 28/05 JAKARTA, SEMARANG CHAHAYA VICTORY 29/05 30/05 BALIKPAPAN SEMARAMG CHAHAYA SEJATI 02/06 03/06 SURABAYA. JAKARTA SEA SHINE 04/06 06/06 JAKARTA. SEMARANG FULL CONTAINER SERVICE SINGAPORE TO JAKARTA i VESSEL VOY S-PONI LOADING PORT TOMARI 035SJ 27*05 JAKARTA (berthmfl at W1) CARAKA
      366 words
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      Page 33 Advertisements Column 1
      1525 33 vessel voy sin pou pko pen jkt ba bik RAN VAHOAT PJL-1237 28/05/97 23/05/87 22/05/97 09/06/97 07/06/97 saNYAMIN PJL-1226 10/05/97 20/05/97 IRAN MOBIN PJL- 1240 05/06/97 03/06/97 07/06/97 19/06/97 17/06/97 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. A2ARBAIJAN, ARMENIA, KAZAKHSTAN, UZBEKISTAN, TURKMENISTAN, KIRGISTAN, TADZHIKISTAN GEORGIA
      1,525 words
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      Page 33 Advertisements Column 2
      1404 33 PORT SUEZ VIA UMASSOi WllltlY SULm I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TIL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 iOHORE OFFICE: COSTAR SHIPPING PTE LTD *17-08 DIS SLOG SALES/BKGS *****41/43 INWARD DEFT (0/0) *****85 COSTAR AGENCIES (M) SDN BHD CR HO: **********0*0 TOWER TWO (*****9) CONVENTIONAL *****50/55 T/SHHMT
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      Page 33 Advertisements Column 3
      416 33 A; IPKRKAPALAN DAI ZHUN > jgjy TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 /KUCMING-FASTIST TIAMSIT/ MUAKA HtIOKITY (HO CHI MIHH-DIDICATtD GISOON ***** 29/05 GUOO 9752 28/05 GIHOCK 9709 27/05 GIGJ 9747 30/05 Gld 9747 30/05 GIHUAT A 5227
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      Page 34 Advertisements Column 1
      1296 34 K -"*7 tmmmmmmmmiumimm nan ROM ANW HBO THP ZEE IHV LHV TUP ROM A*W H»G PKI S6P E ROYAIAW-W1 31D5 20AM 29AM 21/06 23AM 24AM 2SAM E. GRANO RE-W1 23AM 25*5 2<A)S 17/06 E REFINE RW4II #7AM 27/ M 02A17 21AM 30AM 11/07 02/07 E GROUP RE-063 05AM IMAM 07AM
      1,296 words
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      Page 34 Advertisements Column 2
      1141 34 VOYAGE StTIUIUUUIWIUHIWTIM VESSEL VOYAGE DM JIA AW OMN lAN SGP 0457-03PM 71/05 01/01 0«/ M 09/ M 10/01 11/04 01/04 17/04 UNI CROWN MStMOt 11/05 11/05 11/05 70/05 71/05 07/0* NMM 05/04 15/04 15/0* 14/0* 17/0* 11/0* 14/04 11/04 UNI CONCERT 04SS4>34€ 75/05 75/05 74/05 77/05 71/05 01/04 AJao accepting
      1,141 words
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      Page 34 Advertisements Column 3
      482 34 re* NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel vot si I PUI I PW I cn~ KAWTAI PtHKf QISS 04/04 70/04 25/04 NA*Uj_VWUS__ _11/04_ _24/04_ JO/04_ _05/07_ WOWi 015S 24/04 07/07 12/07 14/07 KAWTAI PtIWCESS 015S 05/07 19/07 24/07 mmiouta 021s M/ 07 ?yo7 27/07 01/ m
      482 words
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      Page 35 Advertisements Column 1
      696 35 BSA x MM* MYANMA ■BBk FIVE STAR LINE (Myanmar Notional Lino) Loading for Yangon (Rangoon) VESSEL VOY SIN KG PEN PGU pwya 146W su> PAGAN 244W SU> MALAYSIA AGENTS: OOUSTEAD SHIPPING AGENCIES KUL m 02-03-*****00 PHI: 111 02 03-*****01 POk m 02-04-*****02 PGO: HI 02-07-*****21/4 BANK LINE (A s#r*i<« of
      696 words
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      Page 35 Advertisements Column 2
      1255 35 I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****32 |vtt» I V9T m ifli m AHT HW IB HYCOMMOOORI 306W 01/06 8 04 11/06 21/06 21/06 21/06 24/06 HY ADMIRAL 307W 15/06 02/07 03/07 05/07 05/07 06/07 00/07 MYW6HNESS 30SW 22/06 #1/07 10/07 12/07 12/07 13/07 15/07 HYIARON 307W
      1,255 words
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      Page 35 Advertisements Column 3
      594 35 Zip FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) WE PROVIDE DIRECT CONSOL to DAVAO CITY Next Available Sailing: 04/06/97 Call us for details 224 1833 Sharon low P KLANG PH: 0203/*****33 (20 UNES) PENANG PH: 0204/*****7 (10 UNES) J. BAHRU PH: 0207-*****22 CWT
      594 words
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      Page 37 Advertisements Column 1
      50 37 To retrieve more schedules, just follow these simple steps... StepyOjhe document gbiai be faxed M M press 1 the port your Step key in the four number %jP digit code Key in your Example: i fax number To NEW YORK (NYC) 2275 n cs United States for calls within Singapore
      50 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      472 39 W~kly LCI A KL m I Services to Caribbean It h i p p i w a Central America API CHINA APISNGAPOK 018 014E Port Country 28/05 04/06 B«liza City Belize 01 /07 08/07 Bridgetown Barbados 04/07 11 /07 Carlogeoa Colombia 03/07 10/07 Cosiries St. Lucia 03/07 10/07 Fart de
      472 words
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      Page 39 Advertisements Column 2
      1087 39 ADVANCE CONTAINER LINES (PTE) LTD A I 140 C*c« Street, #12-00, P»L Building, Singapore *****0 iAI *1 TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CR NO **********06 BANGKOK I (5 SaNta»/WNft to PAT, 3 Sailing 10 BMT. 2 Sailings to LCH) (4 talllH«A»M» -7== —m* VfSSa Ivor sin I
      1,087 words
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      Page 39 Advertisements Column 3
      861 39 VESSELS VOY W I JED I PSD LB4 HAM RTV THP ANR VH-LE DE CARXA C2PW OSJW 11/06 13/06 22/06 23/06 28*06 26/06 27*06 vtxE D 6 SAorrra mm oe*o6 16/06 aiwe 28*06 jokx cam avm ovm V-LEDENORMA N2OW 16*06 2M» 27A36 06/07 07/07 06*07 10*07 11*07 VKJ-E DE QPONA
      861 words
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      Page 40 Advertisements Column 1
      1207 40 IAMttKOK PT KILAWO VESSEL VOY SIN BKK VESSEL VOY SIN PKL LILABHUM Tue jln Pt Sat 31/05 BUNOA SEROJA 7119 Tue Im Pt Wed 28/05 MATHU BHUM" 332N Wed 28/06 Sat 31/05 GURU BHUM 7751 Wed 28/05 Fri 30/05 XETHA BHUM 203N Thu 29/05 Sun 01/06 BUNOA SEROJA 7121 Thu
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      Page 40 Advertisements Column 2
      783 40 j£yE PUL INTERNATIONAL LINE PUL INTERNATIONAL •Wf fw*r W*«• OhullHm<Bin S*|skfww*• •I »nn MmlMru «X (agi Vry/lwM H faMM <nun*. Haw oaMd m >|»n iMM Wml JAKARTA (UTC 1) 4 SIGS/WK Vtt 1 VOT I Sf JUT I sw~ gag* wagonam jis ?i/» J*L_ WH> v. <%. &m A SaiiOBID
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      Page 40 Advertisements Column 3
      697 40 H ACCORD A SHIPPING PTE LTD Tfl *****56 (40 Lines) FAX *****46 K*T KUMC (OJ)U/1001 J DIRfCT ACCESS Til *****57 (EXPORT ROOKING) mm OUDAMC x (07JJS1 1J77 *****87 (EXPORT DOC), *****64 (IMPORT) ffNAMG (04) 331 144* URL:HTTP://WWW.ACCORD.COM.SG lULAKU (11)*****70 PORT ITA SIN PORT ITA SIN PORT EM SIN POUT ETA
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      Page 41 Advertisements Column 1
      882 41 /0\ SINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE iSINOTRANSI \r-M f J S (*****7). TEL: *****90 FAX: *****98 4JT* TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SIN ETAHKG ETA SHA GOOD WELL 9714 30/05 04/06 08/06 GOOD LUCK 9714 06/06 11/06 15/06 OCEAN GLORY 9716
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      Page 41 Advertisements Column 2
      272 41 Kam MAC-NELS store mSia Carrier: MN CONTR LINES, INC IJ MmOIIIIHTIW B®U: (064) *****9 MAMLA (632) *****61 PENANG: (04) *****6 BANGKOK: (662) *****67 SURABAYA: (SI) 2»1660 P. KELANQ: (03) *****77 JKTi (21)*****07 MOW: (61)*****3 EX PKNANG TO HONGKONG MV "WAN HAI 211" V.N051 ETA PEN 31-5-97 BKO CALL: KHOO/ YMN
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      Page 41 Advertisements Column 3
      154 41 PAN FORTUNE SLD 27/08 RdnVAtw/BmrVUK^iwi DENBULX 12AM HdnVAtwAJK/Nwi SEA CONCERT IVO6 20/06 RdnVAtw/UK/Nari SAMMI FORTUNE 01/07 OSA37 RdrrVAtwAJK/Nar> I* Load* EVW Mafryna. Indomw ■a. KIRAN CXibat/Damman/BahrairVKuwait ■RNIKAS Dubai/Doha/Bahrart/Damrnan/Kiiwait ■AGIASOSiA Dubai/A. Ohabi/BahrairVDamniarVKuwaN I ■leopard AdarVJaddah/Aqaba *Load» Snoapofw, E7W. Matayst*. Indooaaia I II Loadngtor ■HUAGUANG Los Angalea/New OriaarVChartaaton/ Nortofc/Camdan ■PAN QUEEN Los
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      Page 42 Advertisements Column 1
      733 42 Shipping Times '•"Business Centre age 14 Your 24-hour instant info access centre to shipping services and products. Around-the-clock Seven days a week. si4fe Call 740-6000 Press" 1" key in Document Oxte ->-Q Key in your fa number Q Ewe, you, phone number I, g»BHiiigTwiF ll PfffflffTTWil •fljiTM i*jS k [llVrl
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      119 43 LIGCNO R Tbund*r*.orm T.mp*ratur. c V Show*r W*oth*r Wind direction with *p**d in knot* Rain vJ Cloudy Sky Wov S*rf«e* «m* or* indicated by arrow* wtedi Hy wit* tfc* wind Cl) O"* cird* r*pr***nt* calm or light ond voriobl* wind* 1 On* half fi*ch* r*pr***nt* 5 knot* I—• On* hM
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      Page 44 Advertisements Column 1
      59 44 M.V. "AMRTA JAYA 1" VOY.2 ARRD 21 MAY 1997 Consignees of all damaged cargoes ex (he captioned vessel is hereby notified that a general survey will be held on the 28 May 1997 *****200 hours at PT9 (NTY's office). No further survey will be entertained thereafter. As Agents: "K" LINE
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