The Business Times, 11 July 1997

Microfilm: NL20797
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 85C SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, JULY 11,1997
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  • Article
    MARKET SUMMARY
    52 1 groy n BTKti mm ma (-22.81) ggg munamnMk fVMKIUSEriRHCHM Thursday Change KLSK COUP I.908J2 24.7i 9KKH lf.7M.78 +57.11 HAN08WW SKT INDEX MKJ3 +13.62 JAKARTA COUP 729.16 -811 MANILA CO*P —2^11.16 78.0ft TAIPEI WP! 9,429.74 +4706 SBCH'LOOMP 717.77 -4.22 CIjSA CHINA B _1»J4 +86.70 AUSTALTORD 24*4.4 -17 UMpnEDT CkM«e
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  • Article
    FINANCE
    64 1 HEHJJBEIATES USt 81 b» —im t UM -1<» JP_ 0JC7 0.812 Willi t»—\m M M»i W75 HKt tl* BAHT IW RUP1AH tM M4I MM PHEB1AHB SWGAFOBP —144 KUALALUMPUR iX JAKABTA 11M BANGKOK 1126 MANILA tl» HONGKONG 8.75 TAWH_______ 9.00 SYDNEY 1M TOKYO 11* SEOUL 1131 ZURICH** 187ft FRANKFURT— 4J9
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  • Article, Illustration
    Lock icon Ringgit speculators hit again; KL stocks slide to 19-mth low
    579 1  -  Foreign fnnds onload US dollar as overnight rate jumps to a record 50% From Meera Tharmaratnam, Larry Wee in Singapore BANK Negara, Malaysia's central bank, hit ringgit speculators again yesterday, pushing interest rates to record highs and sending the Kuala
    Source: Dow Jones; Source: Bloomberg  -  579 words
  • Article
    Good time to pick up stocks now: Daim
    251 1  -  From Eddie Toh in Kuala Lumpur MALAYSIA'S economic adviser Daim Zainuddin has come out in support of the slumping stock market, deflated by the flight of fluids from the region. "The market is so low. It is an opportunity to buy," he
    251 words
  • Article
    Last-minute buying saves STII from 30-month low
    334 1  -  By Ven Sreenivasan [SINGAPORE] A last-minute spurt of bargain hunting among index-linked counters saved the benchmark Singapore stock market index from closing at a new 30-month low yesterday. The Straits Times Industrials Index struggled all day to keep above the psychologically important 1,900-point
    334 words
  • Article
    Lapsed HK extradition pact may put Wallace out of S'pore's reach
    425 1  -  By< Conrad Raj [SINGAPORE] Singapore may not be able to bring bade former Merrill Lynch staffer Kevin Wallace to face trial for the crimes he allegedly committed here as its extradition treaty with Hongkong lapsed when the territory returned
    425 words
  • Article
    Lower business costs a key issue
    451 1  -  BUDGET "97 Competitiveness, skills also need to be addressed: BT panel By Vikram Khanna [SINGAPORE] The key challenges that need to be addressed in today's budget by Finance Minister Richard Hu are to lower business costs, accelerate the economy's transition to high-value activities, and
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      97 1 mane mHHKK UkH Cdas in Gambtdia Asean has decided to [HHrtpwit indefinitely Cambodia's entry into the regional grouping amid the political turmoil in the country, F*s t£»- r v ChNfrPCtf A ftwh round of price war is in the offing as major vendors get set to slash PC prices for
      97 words
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      8 1 UK raises rates by quarter point, Pg 8
      8 words
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      236 1 Manila hikes overnight rate to record 32%, Pg 4 Timeless values. Empire Period: Geneva enamel. Duplex escapement movement by llbery of London. These two exquisite watches, The Rolex Day-Date in the' shape of peaches, are is appreciated for more called «For China». than just the twenty-five The craftsmen of Geneva
      236 words
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      4 1 Panel's mgVMttoau, Pg 3
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  • SINGAPORE AT HOME & ABROAD
    • Article
      PC big boys slashing prices in fight for corporate market
      407 2  -  Dell, HP have cut prices; Compaq seen joining fray; IBK to match rivals By Raju Chellam A FRESH round in the computer price war is underway as four of the largest vendors Dell, Hewlett-Packard, Compaq and IBM are set to
      407 words
    • Article, Illustration
      Lock icon No let-up in retrenchment rate in first half
      603 2  -  HTDCs Um Sum Say ays restructuring of industry well on track By 1 Ronnie Lim THE pace of retrenchment in the first half was about the same as in 1996, when 11,000 workers were axed in the full year, the highest since
      AFP  -  603 words
    • Article
      URA eases redevelopment rules for 40,000 house owners
      227 2  -  Abdul Hadhi FROM July 15, landed residential property owners will no longer need approval from the Urban Redevelopment Authority (URA) to redevelop their properties—lf they meet certain guidelines. In a statement yesterday, URA said about 40,000 house owners in housing estates outside
      227 words
    • Article
      Lock icon Big firms urged to set up child-care centres
      174 2 The Straits Times COMPANIES with the resources and a sizeable workforce should consider setting up workplace chlld-care centres to attract and retain workers, Labour Minister Lee Boon Yang said yesterday. He gave the assurance that government grants and subsidies would be available
      The Straits Times  -  174 words
    • Article
      CMN gets 50% stake in Colliers Jardine
      238 2 Under new structure, combined revenue to topUSs2oominlM7 COLLIERS Macaulay Nicolls (CMN), which is largely North American-based, has become an equal shareholder in the Jardine group's property services subsidiary Colliers Jardine. Jardine Pacific will hold the other SO per cent in Colliers Jardine. Prior
      238 words
    • Article, Illustration
      Lock icon Exports seen growing 6.4%
      307 2  -  EYE ON THE ECONOMY Outlook By, Audrey Tan THE Singapore economy is in the early stages of a powerful cyclical recovery which will become apparent by the early fourth-quarter, says Peregrine Securities. Manufactured exports are expected to pick up with external demand, resulting in export growth
      Source:  -  307 words
    • Article, Illustration
      Lock icon Coming up: war museum next to Hong Leong's Hillside condos
      329 2  -  Ex-Ford factory partially torn down, bit front portion will bo preserved By\ David Boey THE former Ford Factory at Upper Bukit Timah Road has been partially demolished despite pleas from history bulb to leave the building intact because of its
      CHRIS LOH  -  329 words
    • NEWS Roundup
      • Article
        Second link open to traffic from Jan 2
        62 2 THE second bridge between Singapore and Malaysia Will be opened to traffic on Jan 2, the National Development Ministry said yesterday. Singapore and Malaysia will hold a topping-up ceremony for the bridge on July 81. National Development Minister Lim Hng Kiang and
        62 words
      • Article
        Lock icon Kumagai Gumi wins $217m MRT contract
        89 2 AFP JAPANESE contractor Kumagai Gumi said yesterday It has won a 1217 million contract to build a 2.5 km MRT lim between Boon Keng and Woodleigh. The project will be undertaken by a consortium formed by Sembawang Engineering and Construction and Japanese trading house
        AFP  -  89 words
      • Article
        Conference on handling cash
        86 2 TOP central bank, government and banking officials, together with financial chiefs of companies in the region, are expected to meet at the Westin Hotels here from Sep 2JK» for a conference on Cash Handling into th«2lst Century. Organised by the Institute of Public Administration and Management
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      • Article
        S'pore to host geoscience symposium
        144 2 THE world's top remote sensing professionals will arrive 1 here for a week-long series of discussions next month. More than 1,000 delegates are expected at the 17th International Geoscience and Remote Sensing Symposium (IGARSS *97), which will be held on Aug 3-8 at the Singapore
        144 words
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      277 2 CURRENCY BOARD SYSTEM SYMPOSIUM '97 Oliln A DADE Venue: Singapore International Convention And Exhibition Centre j j OllillAr UllC Date :30 September *97 i Once a common arrangement mainly in A Stop-Gap Measure ■tt-uiijj.i.i.hu.-nd.M the British colonies, currency board* were a* abandoned from the 1950* onwards, in favour Ol A
      277 words
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      4 2 Compaq's remits, Pg 15
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  • FOCUS:'97 BUDGET
    • Article
      Budget may have relief for workers: Swee Say
      174 3  -  By] Ronnie Lim TODAY'S budget may provide some respite for workers here, especially the lower income group, to see them through the current slowdown, said a labour leader yesterday. "We hope to see some proworker measures in the budget, as workers are
      174 words
    • Article
      Budget live on Net
      44 3 TODAY'S budget speech by Finance Minister Richard Hu will be broadcast live on the Internet at http://www. budge t97.gov.sg/ broadcast, html. Readers can also access budget highlights as they are being delivered at BT Online's Web site at http://www.asial. com.sg/biztimes.
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    • Article, Illustration
      Roundtable suggestions for the budget
      1381 3 'ALTHOUGH Singapore has a corporate tax rate of 26 per cent, most companies' tax liability here is higher than this. It could be 28 per cent or even 30 per cent. The effective tax rate is higher because certain expenses are not deductible, for example,
      1,381 words
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      163 3 I Great. I I phone. I I Great GSM I I Get our double treats from the Mi Shop! I I I Latest Release! I I Nokia 3810 I I the Great Mi Sale I Get 30% Off your Isu^ s Su^ ign Special Offer for PCN Users! I I
      163 words
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  • SOUTH-EAST ASIA
    • Article
      Thai minister to seek wide-ranging package in Japan
      571 4  -  TOKYO By. Anthony Rowley THAILAND'S Finance Minister Thanong Bidaya will visit Tokyo next week to negotiate what is understood to be a major package involving new financing and roll-over of existing loans from Japanese commercial banks. The Thai minister may also initiate
      571 words
    • Article, Illustration
      Lock icon Manila hits peso speculators with 32% overnight rate
      473 4  -  TURMOIL Dl CURRENCY MARKETS A high price to pay as reserves fall close to mandatory levels, say analysts From Al Labita in Manila PHILIPPINE monetary authorities yesterday hiked the overnight borrowing rate to an unprecedented 32 per cent as they stubbornly sought
      Source: Bloomberg  -  473 words
    • Article
      Foreign banks cut off new Thai loans
      479 4  -  BANGKOK By Harish Mehta FOREIGN banks have cut off all new loans to Thai banks and finance companies, except the Ave major commercial iMnks, in a move reflecting worries about repayment and uncertainty over the baht. A Thai banker from a medi-um-sized bank
      479 words
    • Article
      Malaysian E50 launched
      454 4  -  KUALA LUMPUR Top 10 dominated by anto N telecoms, IT, petrochem companies By 1 Tan Su Yen MALAYSIA'S Inaugural Enterprise 50 list was unveiled yesterday to reveal a crop of companies which seized the opportunities presented by the country's decade of high growth. The top 10 positions
      454 words
    • Article
      Lock icon Review broadcasting bill: Suharto
      290 4 JAKARTA Reuter INDONESIAN President Suharto has asked parliament to re-examine the broadcasting bill passed last year because he feels some of the clauses are unworkable, the official Antara newt agency reported yesterday. It quoted State Secretary Murdiono as telling a parliamentary commission on Wednesday that Mr
      Reuter  -  290 words
    • Article, Illustration
      Waiting for normalcy
      665 5  -  UIiVIPIOIiI MBBTUTO Asean postpones Cambodia's entry, revives groups special peace role in state By Yang Razali Kassim IN A carefully crafted move to intervene in the Cambodian crisis, Asean yesterday postponed Cambodia's admission into its ranks while reviving the group's special peace-making role in the state, if
      665 words
    • Article
      Lock icon Funcinpec senior minister willing to replace Ranariddh
      378 5 f!P!CTg Ilf nAMmlilfi Reuter, AFP IPHNOM PENH] A senior minister of Prince Norodom Ranariddh's royalist Funcinpec party yesterday said he was ready to replace the ousted co-premier and appealed to party troops to stay drim. sldf Go-Minister of Defence Tea Chamrath said he
      Reuter,; AFP  -  378 words
    • Article
      Lock icon Plan for Sumatra plant to supply power to M'sia
      230 5 ■JAKARTA Reuter 1 INDONESIA and Malaysia are j planning to jointly build a coal-fired power plant on Su- matra that could be used to supply electricity to Peninsu- lar Malaysia, officials said yesterday. i Malaysia's Energy, Telej communications and Post Minister
      Reuter  -  230 words
  • Page 4 Advertisements
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      105 4 the Computer Solutions C SANDERSON ■D9f I EXHIBITING 11 M| TmR C BAD II To register, please FAX back this completed form to 291 3101. I aWlllUn I (Telephone Hotline: 291 0700) I libraries, hotels, logistics, m I I The following computer solutions will be featured. I I wireless data,
      105 words
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      Page 4 Advertisements Column 2
      109 4 Pound for pound, the best authentic lunch around: Ik. Ik H^P For just 19 you'll en)oy an "Old World" of woaderfnl Peranakan food at St. Gregory's Brasserie. Outside of Malacca, one of the best places to enjoy Peranakan cuisine is at St. Gregory's Brasserie. Our talented chefs won't disappoint you
      109 words
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      400 5 r i Vic S/X'at '\!/H/(l /X >/'C <"\//c' Old k \cvv Persian Carpets 50% to 60% Oi l 20° I"ri<c< I I(> < le.ir; I'iikhtun <V Afxlmn Woollen, liiiH'se k Kiislimii Silk HI 1)1 I I) I l> IO 7>"<i I J A.MIR SON'S (Sill< c I <>_! I >
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon No red chip listings in HK before China's party congress?
      216 6 I HONGKONG Reuter CHINESE securities regulators wiU block ftirther listings by red chip companies in Hongkong until after China's 15th Communist Party Congress to be held later this year, the Hongkong Economic Times said yesterday. The China Securities Regulatory Commission
      Reuter  -  216 words
    • Article, Illustration
      Lock icon High-tech shares propel Taiwan market to 7-yr high
      473 6 TAIPEI Utd Microelectronics among those expected to see strong earnings growth Bloomberg TAIWAN'S main stock index rose to a seven-year high for a second day, led by high-tech companies such as United Microelectronics Corp that are expected to see strong earnings growth.
      Bloomberg; Source: Bloomberg  -  473 words
    • Article, Illustration
      Lock icon Comic relief
      69 6 [BEIJING] A book vendor, who is engrossed in a comic book, waiting for customers at his roadside booth in Beijing. Comics, both locally produced and illegally pirated from Japan and elsewhere, are hugely popular among children and adults in the capital. The comics cost as little as two
      REUTER  -  69 words
    • Article
      Lock icon Taiwan to open up telecoms sector
      388 6 TAIPEI Foreign ownership of basic services may be raised to 30% Reuter TAIWAN has drafted rules to liberalise foreign ownership of basic telecoms services by raising the legal limit to 30 per cent from 20 and allowing even greater indirect control, officials said yesterday.
      Reuter  -  388 words
    • Article
      Lock icon HK elections: China brushes off US criticism
      346 6 BEIJING HE'S pro-democracy politicians move oat of their govt offices AFP, Reuter CHINA yesterday dismissed US criticism of its new electoral process in Hongkong, saying the decision had already been taken and nothing could disrupt its implementation. "This issue has already been settled.
      AFP,; Reuter  -  346 words
    • Article
      Lock icon Beijing pledges to keep retail sector open
      191 6 BEIJING AFP CHINA has promised to keep its retail sector open to foreign investment despite howls of complaints from state-owned vendors pushed out of the market, the China Daily reported yesterday. "China will stand by its decision, despite the competition for struggling state-owned
      AFP  -  191 words
    • SINO Briefs
      • Article
        Lock icon Austerity drive for China officials
        84 6 AFP [BEIJING] China's State Council issued an order lata yesterday for government officials to tighten their belts and stop spending state ftinds on banquets, new car* and portable telephones. The eight-point onto- was the first item on the state television evening news and was made
        AFP  -  84 words
      • Article
        Lock icon Taipei minister visits Costa Rica
        49 6 AFP [SANJOSE] Taiwan Foreign Minister John Chang arrived* hereon Wednesday on a tour of Latin America and the Caribbean designed to strengthen political and economic ties. Mr Chang signed a deal giving the Costa Rica a USgifi million (5921.4 million) line of credit —AFP
        AFP  -  49 words
      • Article
        Lock icon Japan urged not to forget China invasion
        67 6 Reuter [BEIJING] China's President Jiang Zemin has urged Japan not to forget its invasion of China 60 years ago, saying history saved as a lesson for the foiure, the Piopk* Daily said yesterday. However, he told visiting former Japaneee prime minister Tsutomu Hats
        Reuter  -  67 words
      • Article
        Lock icon 41 die in Guangdong floods
        62 6 Reuter [BEIJING] $ome of the worst floods in 30 years in China's i Guangdong province have killed 41 people and affected three million residents, officials said yesterday. The flooda along the Pearl River in the southern province bordering 1 Hongkong have left tens of thousands
        Reuter  -  62 words
      • Article
        Lock icon Beijing economy grows 11.2%
        37 6 AFP [BEIJING] Beijing's economy grew IL2 per cent i year-on-year in the first six months of 1367, with gross goods and services production worth 74.4 billion yuan (5512.8 billion), Xinhua reported yesterday.—AFP 1
        AFP  -  37 words
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      847 6 The R °y al Bank of Sc °t |and p ,c ~M Incorporated in Sooiland m ■\*\-i«m m Head Office: 42 St. Andrew Square, Edinburgh, EH2 2 YB. Singapore Branck: 6 Battery Rood, #27-01, Singapore *****9 The Royal Bank of Scotland pic and subsidiary companies The Royal Bank of Scotland
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      54 6 You may have been unable to get your copy of The Business Times, The Straits Times, The Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home
      54 words
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  • ASIA
    • Article
      Lock icon Tighter lending caps set on Korean business groups
      427 7 SEOUL Central bank move aims to prevent further Hanbo-type loans-for-kickbacks scandals Reuter SEEKING to avoid a repeat of the fiasco that led to the Hanbo loans-for-kickbacks scandal earlier this year, the central Bank of Korea yesterday announced tighter lending caps on big
      Reuter  -  427 words
    • Article, Illustration
      Lock icon Aussie jobs growth worse than expected; more rate cuts seen
      414 7 SYDNEY Full-time jobs fall while part-time employment rises Bloomberg o AUSTRALIA'S economy showed worse-than-expected employment growth in June due to a drop in full-time jobs, (Uellinx speculation the central bank will again cut rates to spur economic growth. The Reserve
      Bloomberg; Source: Bloomberg  -  414 words
    • Article
      Lock icon Nomura sanctions may be unveiled next week
      389 7 TOKYO Some operations may be shut down for up to 6 months; reports Bloomberg JAPANESE financial regulators may announce punishments next week that will shut down some of scandal-plagued Nomura Securities Co s operations for up to six months, press reports said. The
      Bloomberg  -  389 words
    • Article, Illustration
      Lock icon N Korea will launch war, says defector
      230 7 SEOUL AFP THE highest-level defector from North Korea yesterday said he was sure the communist North is going to launch a war against South Korea. "It is a firm stance of the North that a war is inevitable," Hwang Jang Yop said in
      AFP  -  230 words
    • Article
      Lock icon HP scraps plans for India plant, looks to China and M'sia
      313 7 BOMBAY AFP US-BASED computer company Hewlett Packard has cancelled plans to build a US$4OO million (5)572 million) factory in India and is now looking to switch the project to China or Malaysia, newspapers said yesterday. The Economic Times said
      AFP  -  313 words
  • Page 7 Advertisements
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      25 7 Suitable for 1-20 Man Operation Fully furnished office suites Secretarial services Telephone answering services Conference rooms Call 336 8219 Fax 438 0681 E-mail centrako@pacific.net.sg CENTRAKO
      25 words
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      Page 7 Advertisements Column 2
      99 7 PP j. i A great deal to keep you cool during the hot summer month s- Deluxe room, single or double Complimentary buffet breakfast Late check-out at no extra charge Complimentary welcome drink Complimentary daily newspaper Complimentary use of Fitness Centre Valid until 31 August 1997, subject to 15% service
      99 words
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      Page 7 Advertisements Column 3
      96 7 Arrive In Grand Style Everyday 3-minute drive from the CBD and Orchard Road and 5 minutes from the CTE and ECP No area licence needed Impressive entrance lobby finished in luxurious granite and marble Generous carparking with 1,100 lots Next door to retail shops, specialty shops, food courts, theme restaurants,
      96 words
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  • THE WORLD
    • Article
      Insider trading probe: Soros aides questioned
      232 8  -  LONDON By Neil Behrmann ,TWO senior assistants of bil- lionaire trader George Soros have been questioned as part of a French police investigation into alleged insider trading in Eurotunnel shares. The two were questioned in New York this week by US officials working in
      232 words
    • Article, Illustration
      Lock icon UK raises rates by quarter point to 6.75%; third since Labour win
      453 8  -  LONDON Sterling fell* slightly against mark, rises against US$; Footsie recovers initial losses By Neil Behrmann THE Bank of England yesterday raised UK interest rates by a quarter percentage point to 6.75 per cent. This was the third
      Source: Bloomberg  -  453 words
    • Article
      Lock icon US retailers post mixed June sales
      321 8 NEW YORK Dept stores hnrt by clearance sales of spring merchandise Bloomberg US retailers reported mixed sales results in June, with low-er-than-expected demand for clothing hurting department stores and other retailers that rely on apparel sales. Discount retailers fared better on strong sales of
      Bloomberg  -  321 words
    • WORLD Watch
      • Article
        Lock icon Bundesbank leaves rates unchanged
        57 8 Bloomberg [ASCHAU, Germany] The Bundesbank left its tall set of interest rates unchanged at historic lows, as expected, supporting Germany's export-based recovery without raising concern over inflation. The securities repurchase rate was left at 3 per cent, the discount rate at 2 JSO per cent and
        Bloomberg  -  57 words
      • Article
        Lock icon Record UK overseas financial eranings
        74 8 Reuter [LONDON] The net overseas earnings of the UK financial sector reached a record 222.7 billion (Ss6tB billion) in 1996, £2 billion higher than in 1996, British Invisibles, a private sector organisation said yesterday. The current account has benefited greatly from the financial sector's contribution,
        Reuter  -  74 words
      • Article
        Lock icon France out to curb public deficit
        93 8 Reuter [PARIS] France's new Socialist government Insisted yesterday it will set to curb the public deficit and said a pick up in growth will wort in its favour. "There is no reason for markets to be worried," Finance Minister Dominique Strauss-Kahn said after a
        Reuter  -  93 words
      • Article
        Lock icon Clinton leads US group to Warsaw
        46 8 AFP [MADWD] US Preeidertßffl Clinton Itft Madrid in the wake of the North Atlantic Treaty Organisation summit yesterday for Warsaw, leading a tour by top US officials of several eastern European countries that are keen to Join the western alliance.—AFP
        AFP  -  46 words
    • Article
      Lock icon Bundesbank seeks to rein in US$
      274 8 ASCHAU, Germany Reuter THE Bundesbank yesterday sought to brake the US dollar's recent surge against the deutsc he mark, firmly stating that the greenback's recovery from Its 1995 lows had gone far enough and that It was keeping a close eye on the ebullient
      Reuter  -  274 words
    • Article
      Lock icon Bonn to bring 1997 deficit under 3%
      288 8 I BONN Bloomberg GERMANY said it will sell I part of its crude oil reserves, j tighten state spending and J contain social security pay- ments to cut its deficit enough by year-end to qualify for Eu- rope's single currency. According to the
      Bloomberg  -  288 words
    • Article, Illustration
      Lock icon Dogged determination
      51 8 [LONDON] John Pugh of Wales and his Welsh foxhound Ranger making their point clear at a rally at Hyde Park in London yesterday. The protesters fear a Private Member's BUI aimed at banning hunting with hounds will lead to the outlawing of a raft of other rural pursuits.
      AFP  -  51 words
    • Article
      Lock icon Clinton admits role in hiring John Huang
      222 8 WASHINGTON AFP US President Bill Clinton admitted on Wednesday that he intervened personally in hiring a political fund-raiser now under scrutiny by Congress for soliciting illegal campaign donations from Asian sources. As a Senate panel heard its first witness in a probe of
      AFP  -  222 words
    • Article, Illustration
      Spain takes its place on political centrestage
      862 8  -  WOBLDfDW Its diplomatic standing has been transformed wtth the hosting of Nato summit By Kevin Sullivan THIS week's Nato summit, which transformed the military and political map of Europe with the Induction of three former Warsaw Pact countries—Poland, Hungary and the Czech Republic
      862 words
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      121 8 TM When you rest a car to impress, donl depress your guests. (I ft? Expect 'best value' when you rent from SINTAT! Flexible schemes to suit your needs and budget. Wider choice of luxury and economy cars to reflect your style. Thoroughly maintained, safe, clean and even perfumed! Insist on
      121 words
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  • Page 9 Advertisements
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      471 9 1 %p W Winner (M) Sdn Bhd Celebrating Malaysia!s /m T Enterprising Spirit J an i you liclielof N B 4 aidaTs^n S A| l am ama (-J) (~ji ***** Masai Johor Bahru JJUSineSS Jlcumen, Johor, West Malaysia f 9IH 7 Tel: 07 *****97/8 07 *****02/3/7 *4# Z 3 Fax:
      471 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Brains, not brawn, build today's empires
      756 10  -  OPINION THE BOTTOM LUTE By Leon Hadar The writer is BT's Washington correspondent WHEN I was growing up in the late *****, one of my favourite pastimes was to trace on a large map in my room the gradual dissolution of the British and
      756 words
    • Article
      IN OTHER WORDS
      128 10 'After the dinosaurs, smaller, smarter mammals took over. I am one of the small mammals.' -YoonSokMin a South Korean entrepreneur on his country's chaebols, some of which are in trouble. 'When you find something like this, you know the guy it belonged to must have had a
      128 words
    • Article
      At last, Jakarta acts on tariffs
      578 10 EDITORIAL IN A long-awaited deregulation package, Indonesia has slashed tariffs on 1,600 items, abolished contentious nontariff barriers on sugar imports, and sought to streamline the revenue structure of its provinces. But questions remain: Do the proposals go far enough? And how will they be
      578 words
    • Article, Illustration
      Lock icon State's reduced role
      1077 10  -  Government shrinks with market's rise but it mnst ensure new mechanisms are efficient and fair By Nicholas Stern, Joseph Stiglitz FT THE market revolution of the past 20 years has forced a redefinition of the role of government. It is now well recognised that the market can
      FT  -  1,077 words
    • Article
      WHAT THE OTHERS SAY
      767 10 THERE is no disputing that a system of proportional representation is the fairest way to elect a legislature. As the name implies, it is intended to give seats to political parties on the basis of their share of the vote. Ostensibly, it is a more equitable
      767 words
  • Page 10 Miscellaneous
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      857 words
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      Page 11 Advertisements Column 2
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      780 11 TV&BAPIO Nothing. UO Yenakkagavaa. 8.00 Budget 1997 Special: A Fo- T4O Chinna Kuyill. 100 PM TV Innovations. run, Discussion With Dr 7.30 Tamil Seithi (News) (T) 2JO The Winners (The Busi- Richard Hu. 8.00 Berita 12. ness). 830 Friday Ticket To The &30 Selangkah Demi Selang--3.00 Money, Money, Money. Movies:
      780 words
    • Miscellaneous
      Page 11 Miscellaneous Column 2
      163 11 CBYPTIC CROSSWORD 29 Maintain ministers should set the scene (9) 30 The more disagreeable serving 8 Combine badly-treating Orien- YESTBtDAY'B SOLUTION man? (6) tal (9) 31 Show material to view with 14 Revolutionary order given to a distaste (9) military body (5,4) Islqlulnloßbioisitiai i iu»T5l qq-h 15 An ailment of
      163 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Snow-white beauties
      616 12  -  White on White displays some exciting Canadian pieces that show the enduring appeal of white ceramics, writes IOIA LENZI IOLA LENZI Eastern Canada is snowbound for much of the year, so the Canadian Clay Glass Gallery's selection of snow-white ceramics for its maiden exhibition in Singapore seems an
      616 words
    • Article
      Piano fest ends on a relatively flat note
      464 12  -  MUSIC The conclnding performances paled in comparison to opening ones. By Benjamin Loh [SINGAPORE] After the awesome performances on the first two nights of this year's International Piano Festival at the Victoria Concert Hall, the concluding two recitals by Piotr Anderszewski from
      464 words
    • Article, Illustration
      Brushes with Bali and Australia
      844 12  -  ARTS ROUND UP By. Ben Munroe IT SEEMS that wherever you go in the arts world this weekend, you cannot get away from Bali and Australia. A major exhibition of Bali-inspired paintings is coming to a close at Opera Gallery, an off-beat look at the
      844 words
    • Article, Illustration
      Revealing images beyond symbols in Chinese art
      981 12  -  ART Behind the typical representations in Chinese paintings lie flashes of inspiration Byl Lu Chisen CLASSICAL Chinese paintings are usually regarded as purely representational. What you see is all you get, although there are pictures where a mood prevails: landscapes that are tranquil,
      981 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Hutong Investment of Taiwan to list on SES
      384 13  -  Company will become the second veil lure capital fond to be listed oo bourse By' Teh Hooi Ling [SINGAPORE] Taiwan's Hutong Investment Holdings is set to become the second venture capital fund listed on the Stock Exchange of Singapore after Transpac Industrial
      384 words
    • Article
      Lock icon 14.7% Indofood block deal fuels talk of QAF link
      488 13 Speculation that QAF may be involved in Salim asset reshuffle Bloomberg [JAKARTA] A block of 14.7 per cent of PT Indofood Sukses Makmur shares traded on the Surabaya Stock Exchange on Wednesday, fuelling talk that Singapore's QAF may be involved in
      Bloomberg  -  488 words
    • Article
      Mirzan Mahathir gets nod for talks on MISC stake
      308 13  -  By Eddie Toh [KUALA LUMPUR] Businessman Mirzan Mahathir has received approval to begin talks to buy the government's 29.35 per cent stake in national shipping firm Malaysia International Shipping Corporation (MISC). But sources said negotiations are expected to be protracted as
      308 words
    • Article
      Singapore retailers still not out of the woods
      694 13  -  HOCK LOCK SIEW Jenny Lam THE latest round of dramatically improved results posted by listed department stores may have given rise to some false hope that the retail sector is on the mend. At face value, the numbers certainly look persuasive. Isetan's
      694 words
    • Article
      NatSteel Electronics buys Apple's S'pore PCB assets
      440 13  -  Company will also potentially snpply all Apple's regional motherboard needs By, Jennifer Lien (SINGAPORE] Nat Steel Electronics (NEL), the electronics arm of Nat Steel, has emerged as the buyer of Apple's Singapore printed circuit board assembly (PCBA) assets. As part of the deal,
      440 words
    • Article
      Sinar Mas gets 99.3% of shares in Amcol
      146 13 [SINGAPORE] The Sinar Mas group has almost 100 per cent of Aracol Holdings under Its belt when its unconditional offer for the company ended yesterday. OCBC Bank, acting on behalf of takeover vehicle Asia Food Properties (AFP), yesterday said that yadid acceptances
      146 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Bakun dam: lending limits lifted for at least 4 banks
        538 14  -  Move said to allow banks to help Ting buy Ekran's rights and to help finance group's other projects By Meera Tharmaratnam [KUALA LUMPUR] Tycoon Ting Pek Khiing's ambitions to build the Bakun dam has led Bank Negara to grant at
        538 words
      • Article
        Lock icon Siam Cement faces huge forex loss
        321 14 Firm hit by bah t crisis as its USs4b foreign currency loans are unhedged Reuter [BANGKOK] Thailand's largest industrial conglomerate, Siam Cement pic, yesterday announced a huge foreign exchange loss on its unhedged US$4 billion (555.7 billion) foreign currency loans due to the baht's
        Reuter  -  321 words
      • Article
        Lock icon Antah gets 33-year toll road concession
        134 14 Bloomberg [KUALA LUMPUR] Antah Holdings Bhd has been awarded a 33-year concession to "build, operate and transfer" a 46.5 km highway in Negri Sembilan state. Antah said in a statement to the Kuala Lumpur Stock Exchange yesterday that work on the M 11.3 billion
        Bloomberg  -  134 words
      • COMPANY Briefs
        • Article
          Lock icon Philippine petrochem joint venture inked
          110 14 AFX-Asia [KUALA LUMPUR] Petroliam Nasional Bhd (PetronasV Bataan Polyethylene Holdings Corp, BP Holdings International BV and Sumitomo Corp have signed a Joint-venture agreement to set up a polyethylene plant in Bataan in the Philippines. The plant, with a capacity of 250,000 tonnes per annum, will
          AFX-Asia  -  110 words
        • Article
          Lock icon Sinmah in M$10 expansion of facilities
          53 14 Bernama [KUALA LUMPUR] Sinmah Resources Bhd, which is mainly involved in the poultry integration business, will invest MIIO million (555.7 million) to expand and upgrade its facilities, including the addition of new production lines. It will expand its four-storey premises for production and storage
          Bernama  -  53 words
        • Article
          Lock icon Penas,Cathay in cinema venture
          84 14 Bernama [PENANG] Penas Group, now a major Penang-based property group, also wants to be the largest cinema operator in the country, company officials said yesterday. This follows a joint venture agreement between Megaleisure Sdn Bhd, a subsidiary of the group, with Cineleisure Sdn Bhd, the local
          Bernama  -  84 words
      • Article
        Lock icon Taiwan firm to invest NT$200b in wafer fabs
        232 14 Macronix joins other chipmakers with hog* expansion plans Reuter [TAIPEI] Taiwan semiconductor maker Macronix International Co said yesterday it will invest more than NTJ2OO billion (5510.3 billion) within 10 years to build advanced 12inch wafer fabrication plants. The project involves an upgrading
        Reuter  -  232 words
      • Article, Illustration
        Lock icon Flying start
        77 14 [MATSUMOTO, Japan] Katsumi Terada, president of transport machinery maker Rhyme Co, flying a prototype of his own designed small helicopter BIID-4 (Boys Dream Helicopter) during a test flight on Sunday in Matsumoto, central Japan. The 40 kg single-seater helicopter, capable of travelling 37.5 km per hour and rising
        AFP  -  77 words
      • Article
        Lock icon New World to merge services into HK$5.6b company
        204 14 Bloomberg [HONGKONGI New World Development Co said it will group its engineering and property management services into a single company worth HKSS.6 billion (551.04 billion). New World, one of Hongkong's biggest developers, said the shuffle will make it easier to raise its
        Bloomberg  -  204 words
      • Article
        Lock icon Guoco unit to buy 40% of Zeus and raise Pepsi interest
        180 14 Bloomberg [MANILA] Guoco Holdings Philippines said it agreed to buy 40 per cent of Zeus Holdings and has expanded its stake in Pepsi-Cola Products Philippines. Guoco said it, along with some affiliates, agreed to buy 655.4 million shares of
        Bloomberg  -  180 words
      • Article
        Lock icon Sing Tao back in the black
        346 14 It posts HK$2(L9m net in '97, recovering from HKsl46.4m loss Bloomberg [HONGKONG! Sing Tao Holdings Ltd's profit for the year ended March rose recovering from a loss a year earlier as advertising revenue picked up. The Hongkong publisher said net profit climbed to HK526.9
        Bloomberg  -  346 words
      • Article
        Lock icon Tsingtao Brewery plans restructuring
        306 14 Reuter [HONGKONG] China s Tsingtao Brewery said on Wednesday a holding firm had been formed to hold the listed company in a corporate restructuring. Tsingtao Brewery Group Co Ltd, the group, had been formed in the north-eastern Chinese city of Qingdao to hold Tsingtao Brewery Co
        Reuter  -  306 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Apple chief ousted, renewing doubts on its survival
        359 15 GEO quits after 17 months as board finds his rescue efforts ineffective LATWP, Reuter [SAN JOSE, California] Apple Computer announced on Wednesday that chairman and chief executive Gilbert Amelio has resigned after a turbulent 17 months at the helm. Apple also said
        LATWP,; Reuter; FILE PHOTO  -  359 words
      • Article
        Lock icon Security bug found in some browsers
        322 15 Bloomberg [NEW YORK] Some Microsoft Corp and Netscape Communications Corp World Wide Web browsers that use the Java Script software language contain a bug that enables Web site operators to potentially steal private data from users, the companies said. Information that a computer user
        Bloomberg  -  322 words
      • Article
        Lock icon Dow Jones Q2 gain down 33% to US$35m
        194 15 Bloomberg [NEW YORK] Dow Jones Co said its second-quarter profit fell 33 per cent as its financial information services division barely turned a profit. Net income fell to U5534.9 million (5549.9 million), or 36 US cents a share, from US$52 million, or
        Bloomberg  -  194 words
      • Article, Illustration
        Lock icon Compaq beats forecasts with 58% rise in Q2 profit
        288 15 Sales jump, margins widen; it expects strong second half Bloomberg Reuter [HOUSTON] Compaq Computer Corp's second-quarter earnings surged 58 per cent, beating analysts' estimates, driven by increased sales and widening profit margins. The world's top-selling personal computer maker said profit from
        Bloomberg; Reuter; Source: Bloomberg  -  288 words
      • Article
        Lock icon Seagate reports weak Q4 profit of US$59.3m
        272 15 Fall in earnings doe to lower demand for high-end disk drives Renter [SCOTTS VALLEY, California] Seagate Technology Inc on Wednesday reported weak fourth-quarter profits, reflecting lower demand for high-end disk drives. The company reported earnings of U5559.3 million (5584.8 million), or 23 US
        Renter  -  272 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        China sets up HK firm to manage forex reserves
        483 16  -  Move believed to be also to boost HE'S status as a leading financial centre By] Lu Ning [SINGAPORE] In the midst of high-profile preparations for Hongkong's handover, China moved quietly to set up an investment company which could in the long
        483 words
      • Article
        Buying panic will propel Dow to 10,000 by next June: analyst
        388 16  -  By\ Siow Li Sen [SINGAPORE] A broadening of Wall Street's bull market is leading to an explosive "blowoff" buying panic later this year, which could push the Dow Jones Industrial Average to 10,000 by June next year, said Prudential-Bache
        388 words
      • Article, Illustration
        Lock icon German exchange unveils plan to challenge Liffe
        366 16 Series of equity option and index products in pipeline FT [LONDON] The battle for control of Europe's derivatives market intensified on Wednesday when the German futures and options exchange unveiled an aggressive expansion plan to challenge London's dominance. Deutsche Term in Borse (DTB)
        FT; FILE PHOTO  -  366 words
      • Article
        Taiwan index futures volume up sixfold
        272 16  -  By Soh Tiang Keng (SINGAPORE) The average dally volume of the MSCI Taiwan Stock Index futures contract on the Singapore International Monetary Exchange has jumped by nearly six times in the first four months of its launch. Simex said in its latest newsletter, Simex
        272 words
      • Article
        Lock icon Euroyen, JGBs firm in dull trade
        248 16 SIIKELReport Reuter [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures firmed in sluggish trade yesterday as the market shrugged off a sharp rise in Japan's machinery orders data for May. "The data seemed to have a reverse impact. The figure was quite good
        Reuter  -  248 words
      • Article
        Institutional buying boosts July contract
        176 16  -  MS&TAIW AM FUTURES By Perry Gilbert day. By Perry Gilbert, vicepresident, Refco Singapore Pte Ltd. (SINGAPORE) The Simex MSCI Taiwan Index futures contract saw good support yesterday as institutional orders were attracted to the large discount in the July contract. Electronics and computer companies surged,
        176 words
      • Article
        Lock icon Thailand reviews overseas oil plans
        219 16 ENERGY REPORT Reuter [SINGAPORE! State-owned Petroleum Authority of Thailand's international arm, PTTI, aims to streamline its overseas downstream investments and cut costs due to the baht's sharp fall, a senior executive said yesterday. The baht's sharp drop has prompted PTTI to take a second look
        Reuter  -  219 words
      • Article
        Lock icon CURRENCY REPORT
        279 16 Reuter London THE US dollar held firmly above 1.76 marks, and could rise further on technical buying, analysts predicted. Dealers will pay close attention to the US producer price index for June, due today. The market continues to follow closely the situation in Thailand and in Malaysia where
        Reuter  -  279 words
      • Article, Illustration
        Untitled
        1224 16 nnr«i»iiioiomTBi Juno a a m cca n n wn—m w lawm t^gso 9— «i> ii »s$ 5 ii» iffi iwo 4.430 mo? tog w *5 iijs mm iw a®* Mg g email M92fc CjOC3 OJM 4340 12M 1040 2*078 IT7M 0322 1408 tJff 1990 ***** 8299 iMl U23 UNO 2038
        1,224 words
    • Article
      COMMODITY PRICES
      1564 17 8IC0M FUTURES Julio IU88C8 (Marts ctosMq (t S.30ya) RSSICONTtACTttcwbAa) ClOM VoImm OpM Mot* Wfk Law Sott (touts) Warwt Aoq97 128J0 M5 S«p 97 135.25 1745 Oct 97 V40.00 MftOO 140-00 50 1550 Nov 97 ***** ***** M150 50 1550 0K 97 143.00 1550 Jon/Mar 91 148.00 147JO 148.00
      1,564 words
    • Article
      WORLD STOCK MARKETS
      2075 17 '-t -in Bt- iv MM Naca 31 Croup 497.400 -S AB Ports 247.400 unch Abday National 854.200 "8 AMM Domacq 435.400 1.400 AIMC 160.400 -.600 Asda Group 141.400 1.400 BAT Ind 538 -5 BG Pic 226 *1 BICC 172.400 "1.600 B0C Group 1018.400 -16 BR PttroMum 778
      2,075 words
    • Article
      Lock icon TOKYO
      1575 17 AFP H«mas «SMI SHARE prices closed higher yesterday as investors hunted for bargains among selected blue chips, brokers said. "Investors were not able to sell actively as they did yesterday," a broker said. "Although there were no real targets to buy, it seems investors found targets among high-tech and
      AFP  -  1,575 words
    • Article, Illustration
      Lock icon HONGKONG
      1573 18 Bloomberg QHangSeog +136*50 STOCKS rose yesterday, snapping a two-day skid, as property shares and China-backed companies rallied. Developers contributed almost 75 per cent of the benchmark index's rise after they'd dropped 8 per cent in the past three weeks. They gained on expectations of strong apartment sales after sliding
      Bloomberg  -  1,573 words
    • Article, Illustration
      Lock icon CHINA
      664 18 Reuter FlShaahenßlndei +5J6 SHENZHEN'S B shares closed on a powerful rebound yesterday after hitting a low for the year on Wednesday. Analysts said they expected to see more gains today, led by stocks likely to post good 1997 interim results. The B Share Index shot up 5.16 points to
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  664 words
    • Article
      Lock icon TAIPEI
      394 18 AFP Hw? latex SUSTAINED buying interest among local investors propelled the bourse to its highest level in more than seven years yesterday, brokers said. "Financial and electrical shares pushed the index higher towards the end of the session," said a trader. "Most investors remained positive about the market's outlook."
      AFP  -  394 words
    • Article, Illustration
      Lock icon JAKARTA
      684 18 AFP -BJI STOCKS closed 1.2 per cent lower yesterday following a spate of heavy profit-taking after recent gains, dealers said. "Consolidation has been long overdue. The recent rises have been going on for the last couple of weeks without a break," a trader said. The JSE Composite Index lost
      AFP  -  684 words
    • Article, Illustration
      Lock icon BANGKOK
      814 18 AFP H SET Intel ♦IXC SHARE prices rose in heavy trade yesterday on speculative buying in blue chips. Analysts said most of the foreign-led play was in large capital stocks and warrants. The SET Index closed up 13.62 points at 649.33. Turnover was 301.9 million shares worth 8.05 billion
      AFP  -  814 words
    • Article
      Lock icon MANILA
      310 18 AFP U Manila -78*06 SHARE prices plunged 3 per cent yesterday as the market panicked in reaction to the rise in interest rates by the Central Bank. The PSE Composite Index fell 78.05 points to 2,511.15. The Central Bank on Thursday raised overnight interest rates to 32 per cent
      AFP  -  310 words
    • Article
      Lock icon SEOUL
      416 18 AFP P Composite Index -422 SHARE prices closed lower in thin trading yesterday. Dealers said falling semiconductor prices and the Thai baht crisis contributed to the weakness of blue chips and banks. The Composite Index closed down 4.22 points at 767.77 on a turnover of of 38.3 million shares
      AFP  -  416 words
    • Article
      Lock icon SYDNEY
      610 18 AFP Q All Ordinaries -L 7 WEAK employment statistics renewed hopes of another interest rate cut and helped the Australian share market minimise its losses yesterday. The market had lost 30.4 points in morning trade before the release of official jobs data showing that just 11,900 of an expected
      AFP  -  610 words
    • Article
      Lock icon WELLINGTON
      260 18 Reuter n Wellington -15.09 SHARES closed lower yesterday following the 120-point slide on Wall Street overnight. The NZSE4O Capital Index was off 15.09 points at 2,507.21, driven down by falls in most leading issues. Renter UJ (0001 ANZ B«n»inq 10 80 unch 9380 Advant*9»s Hidgs 1.06 *0.01 ***** AlrN*«Zool«nd(A>
      Reuter  -  260 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8113 19 MMSTIMU Cmmnmt praiwti nrt Last vai Day Nat c»p Ht» Laat Clipapy «1» ■OOP HM> Laar Pit 790 550 AJinomoto 560 unch 1 560 560 31.0 227.0 448 293 Angkasa 296 -4 41 298 294 8.8 439.4 905 610 Apollo Food Hlg 640 -10 49 650 630 256.0 428 189
        8,113 words
      • Article, Illustration
        Lock icon Big-cap shares drag KLCI down
        515 19 Reuter n Composite Index -24.72 A PLUNGE in big capitalised stocks yesterday pushed the key Malaysian stock market barometer to a new one-and-a-half year low at the close. The KLSE Composite Index closed down 24.72 points, or 2.39 per cent, at 1,008.52. The Second Board
        Reuter  -  515 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3494 20 ■WW. MMtt i 1997 Last Vat Day Laat Ovata A<* Htfk U» MM CM«wy *f COOO) H4*< Law Buyar KM Prtea 68 443 m~ 3000 m AM08 C5.5H*****6 4* 45 47 *7 41.5 3160 *Acar ******1USS 52 3.5 7 52 50 49 52 131 70 3)64 Acma ******4 71 -3
        3,494 words
      • Article
        Clob wrts: medium term cloudy
        200 20  -  WARRANT WATCH By Ven Sreenivasan CLOB-TRADED warrants like those of Renong, MPHB, Antah, Tongkah and Lien Hoe have been falling as the Malaysian bourse becomes increasingly weighed down by negative news and speculation. Many of those who piled into these instruments in recent months are
        200 words
    • Article
      CLOB INTERNATIONAL
      2129 20 Transaction Date Jul 10 MALAYSIAN STOCKS f 9MUS&* 2PfZ*< Or Or mn L«t vat on Laatomh d* m» vm Nat nop HM> Ww ClU—V Ml f000> HI0I L— Buyar Sa8ar Of P/t ImH 470 284 mtSOOO AIS8S0C 284 -4 35 288 284 284 295 5.0 4.9 OS 58.4
      2,129 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1254 21 TUM0VC1 CflOO) VAlOCCpOO) iMfc cm T«m cm um Mwtrttf »4.7t2 3ZM» M.9W 17WJ2 42.J7J 2WJM FhMnc* MM <402 13.056 77,64? 6.382 M.MJ HMk WT t.635 3,492 4.1W 6.9J1 Pro»ar«M 13,109 5,077 W.M6 7C429 5.503 M.1J2 MMMon 140* 1.602 MS0 3.350 |4| 144 tin v2U M.W 4.44* 8,060 12,509 3,140 MM
        1,254 words
      • Article
        MAIN BOARD
        5065 21 Transaction Date: Jul 10j Or Or M *ft «997 Last Vol Day Last Quota Oiv Dtv YM Mat Ca M High Low StNa Company Sat* COOO) High Law Buyer SaBor Cw P/t »«i Price hi mm 5146 AS£ NT$10 200 US- Use 5 .d uno no «9 no
        5,065 words
      • Article
        SESDAQ
        1046 21 Or Or m art tMT Laat Vat on LMtOMli Dk Dk W M C* A»a MH> in OtHa CiWMM 8ata COOO> W» U» Nr» Ma fw >/l iJiMw 186 76 a 2000 ASRHMaaSc 104 I0*c* 212 106 104 104 106 3.0 XO 0.1 148.6 46 3 K>5 283 V44
        1,046 words
      • Article, Illustration
        HOT STOCK
        68 22  -  -If Ven Sreenivasan FUYU has been rising on a wave qf enthusiasm Jbr riuwfcj stocks lamy. The counter, which gained 1.5 cents 19 58 cents yesterday, is still significantly below Its year high ctf 70.5 centx Although the daily RSI Is slightly into overbought territory, the monthly RSI
        68 words
      • Article, Illustration
        STII near 30-month low as currency jitters continue
        588 22  -  Region's currency uncertainty threatens to drag index below key 1,900 level; bourse seen trending sideways for at least another month STOCK MARKET GOMMEMTABY By Ven Sreenivasan (SINGAPORE] Currency-related jitters hit stocks here yesterday, threatening to plunge the benchmark index below the psychologically
        588 words
      • Article
        Untitled
        198 22 SingTel Be 7,620,000 •tt*XwR 4,731,000 tUMj BM 50c 5,674,000 'Magmn Corp50c 4,684,000 KappeiCorp 3,335,000 tlattt-tvrpKC 3,000,000 OtS land 2432.000 CMM MUSIC —2320,000 Koppei LandSOc 2,438,000 Oy Eev 50c 2.435.000 Stedn City Dev 50c 32^580 SJW Foreign 27.272J19 U08 Foreign 22.W7.772 SU Foreign *****.514 Koppei Corp 22.*****2 SingTel Be 19.779.720 DBS
        198 words
      • ON THE GRAPEVINE
        • Article
          Bending rules or reciprocity?
          161 22 AN ANALYST in Bangkok was yesterday quoted as saying that Thai authorities may "bend the rules" on new banking licences to help Singapore's DBS Bank bid for a majority stake in troubled Sri Dhana Finance. DBS Bank is raising its 9.5 per cent stake in Sri
          161 words
        • Article
          Privately speaking
          87 22 AN IRATE banker from a European financial house rang up to complain that ex-Merrill Lynch employee Kevin Wallace should not be described as a private banker. "If you look at the nature of his dealings, he was more a broker than a private banker. Private bankers receive a
          87 words
        • Article
          Speaking publicly
          131 22 THE general manager/senior vice-president of a certain radio paging service provider evidently has the makings of a first-class diplomat, judging by the way he deftly fended off a probing reporter's questions at a recent press conference. Asked how many of his company's 65,000 customers use numeric pagers, he
          131 words
        • Article
          But can it save trees?
          81 22 SOME of our readers must feel as intimidated as Journalists by information overload in the form of fates, reports and a host of other "must-read" stuff. We've been tipped off that this might soon be a problem of the past Some time soon, info-provider Reuters
          81 words
        • Article
          No cheap chats
          173 22 AT&T is probably the biggest supporter of the US government's effort to drive down international phone rates, ostensibly so it can pass on the savings to consumers. But are savings really being passed down? While on holiday in the US, a BT reporter bought an AT&T phone
          173 words
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      Page 13 Advertisements Column 1
      783 13 Ac3j\ (vr-^ 111 l lllilic EIIPIMIIIIII.III I Consolidated Balance Sheet Consolidated Statement of 31 Dcccmbcr 1996 Income v Jjj 1996 1995 Year ended 31 December 1996 .yd (USJ nalhon) Am* 1996 1995 Liquid funds 236 332 (US> miMinii) "i Marketable tenuities 2,622 1,844 Placements with banks and other Income from
      783 words
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      Page 13 Advertisements Column 2
      5 13 Apple chief ousted, Pg 15
      5 words
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      165 14 FACT Realtime Accounting Software now on Windows 95 I Just launched. FACT Reports now generate all reports from FACT in true Windows 95 environment. Presentation quality printouts on laser printer. Naturally, all the reports are real-time, updated with all the transactions entered uo to that Doint in time. No waitinQ
      165 words
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      Page 14 Advertisements Column 2
      71 14 A A r> r> fi II iia» il a I II ■inpwQiK ov mwniauonai Minn, uuvm proviaes cornKWiuei ano 11 I cost MHM company fornwtion in tN tht rajor low tu ms I inducing: y II Ful I 100 page colour brochure or to arrange a consultation contact: MS DtANA
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      Page 14 Advertisements Column 3
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      221 15 c CjCl housing It DEVELOPMENT U J HOARD Land For Executive Condominiums The Housing Development Board (HDB), on behalf of the Government TENDER PACKET is inviting tenders for the sale of 3 parcels of State land on 99-year leases Tender packet containing the particulars CHU X X I f p«sch>>
      221 words
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      30 20 McQuqy' O.Y.L. Sales 4 Service (S) Pte Ltd Tel: 250 2966 (Sales) 258 8698 (Service hotline) McQuay Air Conditioning (S) Pte Ltd Tel: 356 6438 (Sales) 258 5165 (Service hotline)
      30 words
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      959 22 WlbiyiSS Notices MTHE MATTER OF THE COM*AMES ACT, CAP. SO AND M THE MATTER OF tQADENSMOAPOREPTELTD (niMmMri voniniaryi-Kpaaßoun; NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 78-4 SMnoyama, Ishige-Cho. Yutt-Gun, tberalo-Ken, 300-27. Japan on tie day of July
      959 words
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      Page 22 Advertisements Column 2
      433 22 TAT LEE BANK LIMITED Pursuant to Article 5(1) of the Articles of Association of the Bank, k is hereby announced that ilmlm iilli niii received by the Bank as at 30 June 1997, regarding the beneficial ownership of the iniwofl share of the Bank held by foreign persons constnuteo 3.50%
      433 words
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      Page 22 Advertisements Column 3
      504 22 IN THE MATTE* OF THE COMPANIES ACT (CHAPTEB M) AND IN THE MATTE* Of HUNTINGTON ENTEKMUSES PTE LTD lUV«l—fry UMUIHIBI) NOTICE or FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN thai punuaM lo Section 308 of the Companies Act Cap. SO thai the Final Meeting of the contributor** of the abovenamed
      504 words
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      Page 22 Advertisements Column 4
      107 22 lAHAM "MOTS PTE LTD (la Members Voluntary Liquidation) NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 (1) and (2) of the Companies Act. Cap. SO that the Final Meeting of Member* of the abovenamed Company will be held al 220 Orchard Road #03-01 Midpoint Orchard Singapore
      107 words
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      Page 22 Advertisements Column 5
      455 22 IN THE MATTE* Or THE COMPANIES ACT. CAP. M NARA CHEMICALS PTE LTD (la Voluntary Lapudaboa) At aa Extraordinary Geaeral Meeting of the members of NARA CHEMICALS PTE LTD duly convened ad held at 3 Shemon Way. #23-03 Sheaioa House. Siagapore *****5 oa Wedariiay. 2nd July 1997. the following Resolutions
      455 words
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      Page 22 Advertisements Column 6
      283 22 To advertise call toll-free 1800-*****83 Quickstock A 24-hr service which provides you real-time stock mjo and i Portfolio Manager to help keep trick ofjov stocks! rOrZTOIK) mmnmym ml] Ml ill I j 11 U<l IMI ULI I ivi 114*1* LI HifJ I jj^l to monitor \y»r start I wish to
      283 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      310 23 Bridge News, Reuter RATEs remained strong in the Atlantic with the key US Gulf to Japan grain run again dominating talk. The market behaved in a very similar way as Tuesday—lowish volume, gently rising Baltic Freight Index and more support for the nearbys than for further forward, said
      Bridge News,; Reuter  -  310 words
    • Article
      MARITIME STOCKS
      219 23 MM- «> w CWTBUMMwIllii —.123 5*S 2* CAuanHup 0.965 -OOJ 99 OMCO MvMtiMttt—1.19 -<M>4 37 MfllMs 045 undi H9 (lifiilna 0.74 -OOI 3 SSswHiS 0.99 -0.01 285 NRaeM ZoMft 0.70 *0-003 13 MCIHWn»—HK 5.60 JayaHaMtafS 0-91 SSEfclltS 33 3335 SrOJ 4.94 -0.02 40 iuSStHrlM U6 -0.05 *4 104
      219 words
    • Article
      S'pore may be slapped with FOC label again
      407 23  -  Some owners of S'pore-flagged ships not nndnly concerned by possible move By' Yong Mei Fong [SINGAPORE] Singapore has been singled out as one of the ship registers which may be designated flag of convenience (FOC) by the International Transport Workers Federation (ITF).
      407 words
    • Article
      Lock icon Metro Germany to sell 15% stake in Hapag-Lloyd
      275 23 Bloomberg [COLOGNE, Germany] Metro AG said it will sell its 15 per cent stake in German shipping and travel company HapagLloyd AG, worth an estimated 405 million Deutschemarks (*****.5 million), as Europe's largest retailer redoubles efforts to expand abroad. Metro, which owns
      Bloomberg  -  275 words
    • Article
      Privy Council upholds terms of contract of ship's mortgage
      788 23  -  ADMIRALTY CASEBOOK By I Selva Kumar THE Privy Council in England has overruled the Hongkong Court of Appeal in a decision that has implications for shipowners and their lawyers dealing with terms of a deed of mortgage of a ship. Their
      788 words
    • Article, Illustration
      Lock icon World's biggest ship-lifting facility
      71 23 [SCHARNEBECK, Germany] Chinese Deputy Minister of inland navigation and shipping facilities Li Yu Chang (left) listening to Helmut Trapp, director of the Inland Navigation Authority Uelzen, as they look at a model of the world's currently biggest ship-lifting facility at the river Elbe in Scharnebeck. China
      REUTER  -  71 words
    • Article
      Lock icon Oil spill tanker was trying to avoid other vessels
      351 23 Bnt single cause for oil spill accident unlikely: owner News Page [TOKYO! The supertanker that spilled oil into Tokyo Bay apparently strayed from an established shipping lane while trying to avoid other vessels and became caught in strong tides, its owner
      News Page  -  351 words
    • PORT Shots
      • Article
        Lock icon Box leasing prices improving:Cosco unit
        78 23 AFX-Asia [HONGKONG] Coaco Pacific Ltd vice-chairman Zhang Dachun said there has been a steady improvement in container leasing prices. Its bulk cargo operations are also experiencing a significant improvement currently, he said. "I think prices will still go up further, and this year looks very
        AFX-Asia  -  78 words
      • Article
        Penang reviews bids for terminal project
        83 23 [PENANG] Penang, the second largest Malaysian container port, is evaluating bids for the construction of the second phase of its North Butterworth container terminal The pent plans to extend the terminal's wharfby 250 metres and to expand its annual handling capacity to nearly one
        83 words
      • Article
        Lock icon Panalpina restructures management
        63 23 American Shipper Freight forwarder Panalpina Group plans to reorgsnfrse its executive management with the retirement pact May of chief executive officer Gerhard Fischer. Mr Fischer will become chairman of a newly formed steering committee for strategic group issues. He will be succeeded as chairman and chief executive
        American Shipper  -  63 words
      • Article
        Evergreen begins on-deck rail from LA
        56 23 [LOS ANGELES] Evergreen has begun on-dock intennodal rail operations from its terminal at the Port of Los Angeles. The first eastbound train, operated by Union Pacific, carried containers bound for Chicago, New Yotfc, Boston, Baltimore and Philadelphia. A test run was conducted in June
        56 words
    • Article, Illustration
      Lock icon Both sides win in mega-deal
      681 24 US AEROSPACE INDUSTRY: LOCKHEED-NORTHROP MERGER Mutual respect between the CEOs helped cement the USsll.6b merger of Lockheed Martin and Northrop Grumman Los Angeles Times IT WAS in the early hours of last Thursday in the gleaming New York law offices of Dewey Ballantine when investment
      Los Angeles Times  -  681 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      356 24 PACE Famous 7 ACL 13 Fararide 13 AM. 3 FoongSun 8 AM, 13 FrtUnks 13 Accord Frt WorM U Ahrenkid 13 CLink Appenship 5 Gemartrans 16 Ajtro 3 Genshpg 9 Austral 9 Glory Nav 13 Avant 6 GoWw 8 B'tang Mas Goodwill 13
      356 words
    • Article
      SHIPPING GUIDE
      15631 32 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ft* ETA Advertiser Vtu* Voyaga Taiaplx*>a ETA ETA Adyartlsar Vassal Voyaga Ttiapnona nllt„ NumOar NumOar SIN tott* Nam. Kama Numbar Numbar To BUENAVENTURA (BUN) 2059 A Colombia t„ ABIDJAN (ABJ) 2003 vo7 »/w cians a c. well v.97m/mar v.wsa 85-*****38 Ivory Coast, Cote D'lvoire o/m
      15,631 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        703 39 Vtssci Voy Mo Bfth Arrival Nggtw JmiM As Mamas 702* J07 alongside n.07/2300 Decwnfeegos 04/97 J02 alongside n.07/0700 tod—MM UC42 J22 alongside n.07/2359 Fga 28 *****7 JO alongside ».07/1*00 leaSerqlarv 9701 J02 alongside 12.07/1800 Mm Vigor 01/97 J23 alongside 10.07/0600 PdM U*i 113 J06 alnngside H07/2200 flaner 07/97
        703 words
      • Article
        CONTAINER SCHEDULES
        1743 39 RECEIVING OF EXPORT FCl CONTAINERS AND La CARGO Boofctof/BtUnc* Rstls Ship Voy Mo Etb/Btr Nrtod Frew To Frew MlM TOW VU30 M MM «/*5* MM AcTLJT MM 12/1900 U MM WH MM MM <p MM M B/T700 VMM 1VOT0C n «/i700 n/o*s* vmm i votoo vm* VMM n/coo
        1,743 words
      • Article
        GLOBAL HOLIDAY
        208 39 Jul 14 France: National Day. United States: Independence Day. Jul IS Brunei: H.M. The Sultan's Birthday. Jul It Bahrain, Kuwait, Oman, United Arab Emirates: (tentative) Moslem Prophet's birthday (dependent on sighting of the moon). Jul 17 Brunei: Maulud Rasul. Indonesia Birthday of Prophet Mohammed. Malaysia Brithday of Prophet
        208 words
      • Article
        COCKETT BUNKER MARKET REPORT
        916 39 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranees In US dollars in stead of single price* for a more comprehen slve description at the market Price* shown are baaed on averagesized stem Market movements are indicat ed The Cockett Bunker Price Index change
        916 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        424 39 c«»* 180 Mu 992.9 0.5 111 0.08 75 047 MI OmhWt maim HsMm Ask ilwHlm 8—1 Ho *8om E2S 3 0 0 0 0 0 380 A** 9872 02 12.5 0.06 40 0.02 to- 380 MU 991.8 0.9 17.3 0.12 88 0.09 W* »MW WW Wo
        424 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Asia-Pacific to have half of world's air traffic
        554 40  -  Air travel market will treble in size to 393 m trips a year by 2010: lata By. Felix Chan [SINGAPORE] One-half of all international scheduled trips by air will be to, from or within the Asia-Pacific region over the next 13 years,
        554 words
      • Article
        No end seen to BA, crew dispute; London-S'pore-Perth flights on schedule
        528 40  -  By\ Felix Chan [SINGAPORE] Flights on the London-Singapore-Perth route went on uninterrupted even as air travellers braced themselves for more disruptions yesterday as British Airways (BA) cabin crew began the second day of their strike In London with no
        528 words
      • Article
        Lock icon US nod for airline tie-up
        80 40 American Shipper The US Department of Transportation has tentatively approved a joint-services agreement between United Air Lines and Air Canada. In an initial ruling, DOT granted the two carriers antitrust immunity to establish an integrated network of services. The carriers will be able to integrate
        American Shipper  -  80 words
      • Article, Illustration
        Mercedes A-class to make up 20% of sales by 2000
        446 40  -  Byi Christopher Tan [SINGAPORE] By 2000, one in five cars Daimler-Benz Ag sells will be its new MercedesBenz A-class, a vehicle about the size of the Nissan March. The subcompact, to be delivered to the first customers in October, is
        446 words
      • Article
        Lock icon Kia lender demanding repayment of loan
        118 40 Bloomberg [SEOUL] Kia Motors Corp, South Korea's No 3 car maker, said one of its lenders demanded repayment of 40 billion won (Ss64 million) of maturing loans, underlining the company's financial problems. A spokesman for Kia said the decision by Hannam Investment Trust Co
        Bloomberg  -  118 words
      • Article
        Lock icon China may be interested in possible sale of McDonnell's jetliner unit
        271 40 Bloomberg [BELJING] China may be one of the bidders if Boeing Co is forced to sell the commercial jet division of McDonnell Douglas Corp to meet antitrust rules. Zhou Baokui, deputy director of planning at China's Civil Aviation Administration,
        Bloomberg  -  271 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1473 40 CITY FLIGHT ETA FUCMT Jl» Wtm 1M WMO MB GA890 0015 tutYal TG407 2105 TWOS 0820 AMaMa S0230 1830 MltfS 2T50 WWi KB Amstartfam S0327 0750 GA890 0015 ****1 Ar97 1335 AT 2135 KL837 1455 W.844 0040 VklMmt S0977 1655 SOW 0130 KL838 2300 Ho CM
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      Page 24 Advertisements Column 1
      1203 24 i wtPOttT i i OTHER DEsnmnom I DWtCTTOWOTCOMT QWWWtt«PMM> I vesa wr raw mm uoMvasaiAiiaiaocw woman MI —"L r'titT 18 rTJ" ttzt ——■nraM Ml W] m/m v/m umn/m I mm I um SbSSut SS& 7/S 5# °iZ 8/5 ®S 8£ SS SS S£ ®S !i£ ■I—2— 17/ l*»l 1 1
      1,203 words
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      Page 24 Advertisements Column 2
      640 24 /Swgy UnM A awvioM nprntnlKl /SBflKKy by Mamtert ol tw RagMy of \vjS3M)j AocndM Shipping Agantt, Natonal Shipping Aaaoc Members affie i■ n n r*i .11 Jil rnn«M ■!<■■■* bmgapore riiyii rorwaroors Association ML Speedy *y and Quality C Service to A f CALCUTTA I EXPORT 3 x Jopon -2
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      1029 25 TO EUROPE FROM EUROPE jvcsa VOY SM RIM HAM MV SOU IflTI fvßSa VOY ITM HAM «V SOU IH KG SM~ ooaeauMNY nn 13/07 02/ M oi/m »/q; jo/o? tyw 220/22/M24/M 2//o* a/o* is/o/ NBUOYD OCEANA $207 17/07 07/01 05/00 W/00 API MOONESIA 42*7 20/04 24/04 23/ M 25/ M
      1,029 words
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      Page 25 Advertisements Column 2
      1973 25 (g) HANJIN SHIPPING USA CANAPA* UHIWJI VOT Mi SSA W TIW TOP 01 WT Ml Ht WW OPS NTt 0» TV» HI I* W IK niuraiow "io/w~ »i/iy ~w7oT~"ii/w~~w/w~ wm w/i~ um w/w w/w »m «/oo 00/oo 00/w oi/w w/w w/w 05/w 04/w M. SW6ATOW 0301 l*/07 17/17 >7/11 w/w
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      Page 25 Advertisements Column 3
      97 25 ORIENT EXPRESS UNES (U.K.) LIMITED Offl. (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VBStt VOT SWICAfOti MWAY VISSB. VOY KMMAY SWGATOtI NORDKAP 413 12/07 21/07 NORDKAP 412 04/07 12/07 JUTHA PARtCHART 004 15/07 24/07 JUTHA RARKHART 002 07/07 15/07 OOCI ADMIRAL 003 22/07 30/07 OOQ ADMIRAL 001 14/07
      97 words
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      Page 26 Advertisements Column 1
      1294 26 <CT DSR-SENATOR Round the World Container Services TO UK/CONTINENT FROM UgyCONTINKNT *0T VmT "1 AT* 'W* IFU |*»r UM IjvtUfL 1 VOT [UM HTM MtV |FUj XT |t» CNOYMNVOUA MFTtI 111.17 "FIT U N «N DM IIM MM WAOWOSTOK KMTOR H7» ItM IIN 17.N I.M MM 11.17 PUSMIQMTtM **7n|l».S7 MM
      1,294 words
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      Page 26 Advertisements Column 2
      924 26 I NORASIA I WML VOY OOA LAS BCL VAL ALQ NOT MX ANT FEL LMA I MSC JASMINE *726-3 1247 2*47 *787 2*47 0740 HM Ml 1040 ON MM 0240 I NOR KIEL 1727-3 1147 0140 31/17 M4O 1240 IMS MM! 1440 *740 Ml 0640 I MSC SOPHIE 9724-3 2247
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      Page 26 Advertisements Column 3
      541 26 UNI JL TILt IMI3M NUb SIIIM7 VKSft VOT ETO ftt VtSifi VOY FTB [U STOtf MIMA SMM LM Mttaarr vin/*7 15/07 11/07 mourn vm/v n/%i n/07 jnova vm/17 »/07 M/ 07 jptosra vi«/»7 10/07 N/07 AMtGUKT V1«/f7 15/07 M/ 07 APMOOtT Vl«/»7 25/07 W/07 JPKKrai Vl7l/»7 29/07 01/ M JPOOSPB
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      Page 27 Advertisements Column 1
      1331 27 IVKMB. VOY «N PQU PKO P9N BLW I BA I BBC IRAN QHKYAMAT PJL-1243 20/07/97 27/07/97 22/07/97 07/06/97 OS/08/07 IRAN MEKLAD PJL-1238 30/00/97 18/07/97 11/07/97 MAN QMBYAMAT PJL-1238 21/09/97 01/07/97 ■UN YAMBI PJt-1220 10/08/97 20/08/97 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. AZARBAUAN, ARMENIA.
      1,331 words
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      Page 27 Advertisements Column 2
      1467 27 MKKTOUITO I ;,i jIEVMU, BRAZIL I I SINGAPORE'S GtNERAi AttNTS: 6 SHINTON WAY TIL* 226 1900 FAX: *****00 OUTWARD (IA) *****02 JOHORE OFFICE: COSTAR SHIPPING PTE LTD #17-OOOOSBLOG SAUS/NGS 4205M1/43 INWARD MPT (o/o) *****15 COSTAR AGENCIES (M) SDN BHD CRNO: *****W0000M TOWER TWO (OOOOf) CONVENTIONAL *****50/5$ T/SHPMT PCFT *****2S TE:
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      Page 27 Advertisements Column 3
      478 27 fjJL PERKAPALAN DAI ZHUN jf TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KIKHM+fASnST TUMUI/ MUAMA-HtKHtfTY UMTM A/fO OW MMH-MDKATID A GISOON ***** 12/07 G«GI 9751 15/07 GMOCX 971* IS/17 GKJI 9751 15/07 G4HENG ***** 10/07 Moa mi M
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      Page 28 Advertisements Column 1
      1273 28 «Rrr37rrT??Tm tep HOM AW* HM THP ZEE LHV IHV THP ROM AMW HM PKL MP E MftHT RW-BM 1247 IIM MM MM MM MM MM E. GLOWM6 RE-MI IBM «M JM« «M E ROUND RW-827 IBM MM ISM MM 11M IIM 1M E. OOOOS RE-M7 TIM 2VM 2VM MM WM
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      Page 28 Advertisements Column 2
      991 28 ItXFOtT I Vtssa VOTAGI SGF DM JBA AMI OMM IM MNI VtSSa VOTAGI MO JU AM MM HI W I MOMMO *****30* 17*7 27*7 27*7 2MJ7 24*7 3W 21*7 31*7 UMONNM 044W41E »*4 24*4 30*4 01*7 02*7 IVO7 I UN (HUT (MASMM 24*7 03/01 OVOI 04/01 JVM OMH 04*1 07/T*
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      Page 28 Advertisements Column 3
      443 28 /CZI mC\ NANTAI LINE FULLY CONTAINERISED SERVKE TO MAURITIUS SOUTH AFRICA VBSE I VOT I SW 1 PUJ 1 PUR I gr~ mUlQUffll BIS 13/07 tI/07 38/87 21/07 WfUirtflKf BUS 27/87 10/W 14/81 ■wangus wis 87/w it/oi ?</m ?i/w MOHi Bltf li/M ?S/M »/M 82/W mrowMass ens a/w 87/w n/w
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      Page 29 Advertisements Column 1
      651 29 BSA n. M MYANMA Vflßßk FIVE STAR UNE (Myaaarar Natioial Um) Loadiag far Yaagoa (Raagoaa) VESSEL VOT SM KG PEN KU PAGAN 244W SU> PAItCM 141W MPT ■AUTJU MBm: WIISIUD SMPPM6 MOKKS KUL m 12-43-2417J0* P*L IB 02-03-*****01 PElfc IB #2-*4-******2 P®#: TB 02-07-*****21/4 BANK LINE (A swvkt tf Aafrow
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      Page 29 Advertisements Column 2
      1193 29 A HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKQ; *****32 nnaAi ww ii/b so% w «/n nm of/oi HYOUM M4W 20/07 04/40 07/00 00/00 04/ M 00/44 13/00 HTCOUOOOtI JO7W 27/47 IJ/N 14/40 14/40 14/44 17/44 14/44 HT FBIUAI 344W 43/40 20/00 21/00 23/00 23/00 24/00 24/ M EASTBOUND
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      Page 29 Advertisements Column 3
      608 29 FAMOUS CONTAINER LINES Jjf mm 80 ROBINSON ROAD, #22-02 SINGAPORE *****6 y HOT UNE: *****33 (30 UNES) FAMOUS LOGISTIC (M) SDN. BHD. <c. no. siissp) NO. 30 LORONG CEMPENING ***** PORT KLANG, SELANGOR DARUL EHSAN MALAYSIA TEL 603-*****33 (20 LINES) FAX; 603-*****33 (05 UNES) COMPREHENSIVE SAILINGS TO AND FROM PORT
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      Page 30 Advertisements Column 1
      954 30 AMOKBIt I *1 HUM VESSEL VOY SIN BKK VESSEL VOY SIN PKL ANANBHUM 74* tat 12/07 Tu. 13/07 7363 ia *>Z NANTA BHUM sST" ENAM 7521 Sun 13/07 Mon 14/07 NANTA BMUM JARU BHUM 7386 Mon 14/07 w«d 18/07 YANTRA BHUM" I«6N Sun 13/07 Wtd 18/07 QUA BHUM 13H Mon
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      Page 30 Advertisements Column 2
      697 30 UME PUL INTERNATIONAL JiMill(WCl) 4HOS/WK mo i *^QT~T^^^sr M ™T~~ mt tst g hr»> !!;»!»11 ■Maim nw I 14/07 1 jgw I l|W| m IKK I ftpP— ii[ lip STni pill aBBOBBi 41S I 19/07 SAT I 23/07 WtD ?t 07 SUtAIAYA 2 SIGS/WK I "73 "Hi 5 i sni
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      Page 30 Advertisements Column 3
      741 30 M /ICCORD A SHIPPING PTE LTD Til: *****54 (40 Linat) FAX *****46 HMTKUm (03) U7lOOl Jf mL OMttO ACCESS TIL *****57 (IXPOET OOOKMO) HSM GUDAMG It?) 15) IS/7 235M07 (IXPOOT DOC), ******4 (IMPOST) ntUMC (0*) 131 l*4t USL:HTTP://WWW.ACCO«D.COAA.SO UJUUtTi (11) HO 0770 SAA/ potr m sin pot ra sm pott
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      395 31 Waakly LCL ft FCt m njljlCal fcrvkw to Caribbean li'iTfi*" ft Central Anwrka lAPISMGAKXE"! APiMMN 015E 017E Port Country 16/07 23/07 Belize City Belize 19/06 26/08 Badgekxm Barbados 22/06 29/06 Cartagena CoJomb«a 21/06 26/06 Castries Si. Lucia 21/06 28/06 Fort <4s Franc* Martinique 22/08 29/08 Freeport Bahamas 17/08 24/06 Kingston
      395 words
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      Page 31 Advertisements Column 2
      605 31 aSSgPII PACIFIC INTERNATIONAL UNES (PTE) LTD I I 140 Ceci Street, #03-00 PIL Building, Singapore *****0. I CR NO: **********06 iffiif-— js., ,e, a> ,r a w g misa. 3BS jj jj j iff Ijj aaaasa am-if w iia m m m w iia IF- MSOACOPI—MatWtT«»<R,RASSAWAAiSM<I>MMWI is 35ii i 4/»
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      Page 31 Advertisements Column 3
      764 31 vcaacLS voy T«n jed I pbd I leh ham htm I top anr MLLEOECAPB-LA T2IW 17/07 27/07 gg 07AM OMM KHM 11/88 12/08 20/07 3QW7 01 AM KMM 11AM 13*06 14/08 IMM WLLED'AQUARKJS U2IW 27/07 OMM 08/08 17/08 16/06 mm 21/08 2308 [VHEPETAURUS A2IW 03*08 13AM 18AM 24AM 25AM 27/08
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      46 33 To retrieve more schedules, just follow these simple steps... document Aial 740-6000 ep ill be faxed^ a inter your key in the four hone number digit code Key in your lExampto: r-*—i fax number To NEW YORK (NYC) 2275 United States for calls within Singapore idm
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      361 35 I TIGER RIVER 288N 12-IVO7 19-23/07 27-28/07 I TIGER BAY 551N 16-17/07 21-25/07 29-30/07 I TIGER WAVE* 552N 20-21AJ7 2S-28K)7 02-03/06 I TIGER ISLAND SE3N 22-ZVO7 27-31/.07 04-05/06 TIGER BRIDGE 564N 24-2507 3002AJ6 07-O&G6 TIGER BAY SSSN 29-3007 13-14/08 I LHOTSE 333 11-12/07 18-22/07 31-01/08 I I TIGER SPRING 291CN8
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      Page 35 Advertisements Column 2
      546 35 FREIGHT UNKS EXPRESS I 62 Toh Guan Road, Singapore *****1 Tel *****66 < 60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg CONSOUD/mON SERVICE ARGENTINA ETD SIN SOUTH AFRICA ETD SIN BUENOS AIRES 14/07 CAPETOWN 13/07 CHILE ETD SIN DURBAN 13/07 VALPARAISO 16/07 JOHANNESBURG 13/07 GREECE ETD SIN SPAIN ETD SIN PIRAEUS 13/07
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      Page 35 Advertisements Column 3
      761 35 I lOOCL (SwdOPOf) Pto Ud CFS Keooel 79teM*RMdM1-M(S)OmM *513 #01-121 t mmky Y Q NO *****7M000M M 777 7127 aJ 3269 ISC 1 mimnfawum toinrns NOftTV AMBKKA USA/ CAMAOA AMTKAUA TO lISA SfO 0« 0« MEM HYC OWiOUMP S6f SYD MB AOL HE AftSINGAfOtEOISC 14/07 01/W 04/08 WW 07/ M
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      1107 36 SAMUDERA INDONESIA (S) PTE LTD 15 MCCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR HO. **********00 BOOKIN6S CALL DIRECT LIM E: *****41/43 JE SSIC A/CELIA/MEICHAM gnWTQBQQSQI 7 SLGS/WEEK 3 SLGS/WEEK RM [VOY TSS fjAK I VESSEL |VOY |8W |«UR ANftOJAYAKARTA AJTOIS
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      Page 36 Advertisements Column 2
      1033 36 TWICE WEEKLY EVERY THURSDAY/SUNDAY ■l.'.IJ.liU ARRIVAL FIXED DAY-MONDAY VESSEL VOT lUN lON ITU HAM FXT LEH AM VESSEL VOT LSI Fn HAM AM NFA ISIM MING STAR A727W113/07 1 15/07 02AM 01AM 30/07 04AM MING SUN A72IE SLO SID SLO SLD SLD 15/07 MING SOUTH J727w| 14A)71 30/07 01AM 02AM
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      Page 36 Advertisements Column 3
      432 36 Singapore Soviet Shipping jraCo. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN VESSEL VOY SIN BOM PNG PKL KOTACAHAYA CAHIO7 21/07 30/07 14/00 10/00 TRANSCORD 103N 30/07 00/00 23/00 25/06 KOTASELAMAT SMTO29 06/06 IVO6 30/06 02/00 KOTACAHAYA CAHIOO 10AM 28/06 10AM 12/00 ANNOUNCING REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA I VESSEL WY
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      Page 37 Advertisements Column 1
      1028 37 A3U-MH>ntTOANgANt^ESS(AMi)-WKTBOONDS«V»ai VESSEL VDY ISN CM> MIA GP4 »CN LEH ANR FB. I N KIEL 9727-3 17 JUL 21 AJL 30 JUL 01 AUG 03 AUG 06 AUG 07 AUG 08 AUG MSC SOPHIE 9728-3 24 AJL 28 JUL 06 AUG 08 AUG 10 AUG 13 AUG 14 AUG 15 AUG
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      Page 37 Advertisements Column 2
      1257 37 leL ,JgT IWF IMF in 1 S 1I IIH Bin I? IBS lift IBPIBi I oclwmmny rrn iojr imp iiw hj/ 29J7 3iJ7 oim ms.m «is; out- m; oat on iu? on inum in; hit* ujt iiw ww out ww «ji mms nu iur 1107 iiJ7 run run kn IPBANGIMIA
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      531 38 SINO EXPRESS SHIPPING rr 11 COLLYER QUAY f 06-01 THE ARCADE iSINOTRANSI 8 (*****7 J.TEL: *****00 FAX: *****08 W|L-V TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VRSfI VOYAG€ ETA SINGAPORE ETA HONGKONG ETA SHANGHAI 6000 W&L 9718 11/07 16/07 20/07 NORDSUNO 9702 18/07 24/07 28/07 NEW HAIHUN6 I 9706 25/07
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      Page 38 Advertisements Column 2
      494 38 I SEA CONCERT IN PT RdrrVAtw/UK/Nan I SAMMI FORTUNE 06/07 RdrrVAtWUK/Nan 1 ■sv TRADER IVO7 20/07 NarVRdrtVAtwAJK I mURATIORAN 25A37 28/07 NafVOdm/Atw/BmnAJK I Loads EVW W> I ■sea RESOURCE HotMdah/JeddtfVAqtfca/Egypt I ■c KAPTANOGLU Jedd*VAqat>a/Egypt/Syna I ■areTUS Oubat/BahravVDammaiVKLiwait I ■mulpkA SIDU Dubai/BahrairVDammarVKuwajt I To«d» Sngapors, E7W. Mateyaia. Indonwu I ■pan QUEEN
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      127 39 LEGENO: R Thunderstorm Temperature c X\ 1 <^, ower Weather --V Wind direction with speed m knots Rom Cloudy Sky Wove height Svrfoce wind* ore indicated by arrow* which tty with the wind One ful circle represents cotm or light and variable winds 1 One holf Heche represents 5 knots
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      Page 40 Advertisements Column 1
      62 40 cEmisi The Preferred Chain of No Frills Hotels 50% Hotel 81-Princess Hotel 81-Star 21 Lorong 12 Geylang 31 Lorong 18 Gevlang Singapore *****1 Singapore *****8 Tel: 842 8181 Tel: *****81 Hotel 81-Joo Chiat Hotel 81-Geylang 305 Joo Chiat Road 20 Lorong 16 Geylang Singapore *****6 Singapore *****3 n Wt*****81 o*B4lBlBl
      62 words