The Business Times, 20 November 1997

Microfilm: NL21050
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 85f SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, NOVEMBER 20,1997
    13 words
  • Article
    MARKET SUMMARY
    58 1 8 Stiff (-8.04) 11U6 (-15.65) n BTOOMP M mm (-28.80) D 5£8H3.97) Wednesday Change KL8800HP MM -I8.M WMH IM41M -Mill HAHOSENO lllKM MM SET INDEX M*7 -kT% JAKARTA OOMP -AISM !SM MANILA OOMP _l.87lM___-i.7f TAIPEI WP! 7.7MM +M43 SEOUL OOMP ms» 47M CUACHNA8 —UMM 21J7 AWT ALLOW 2.4413
    58 words
  • Article
    FINANCE
    60 1 SI im t 1.194 !7tl Dl Wt Iffi YKN W W87 UK Ml tflt 0.461 BO 112* .MM BUff UK MM RUrtAHtW M» IMi ruBum SWQAHOT (44 KUALA LUMPUR $M WAXIA 18.00 MfOGOK 1126 —U... IIM HONGKONG su TAIFH 9.09 8TDNE* TOKYO _t» mm. 12.7& nUHifUKP" 4M LONDON 7.26
    60 words
  • Article, Illustration
    Lock icon Renong's bail-out denial fails to stop market slide
    685 1  -  Halim says purchase price below NAY of RM&I3; hints at possibility of taking company private By. Meera Tharmaratnam in Kuala Lumpur RENONG executive chairman Halim Saad yesterday challenged the view that United Engineers (M) Bhd's purchase of a 32.6 per cent stake
    THE STAR  -  685 words
  • Article
    JTC to buy 2,000 HDB flats a year to rent to foreigners
    570 1  -  Mm my indirectly boost private property demand by 10-20% arnmaQy By. Lee Han Shih [SINGAPORE] The Jurong Town Corporation will spend $450 million to buy 2,000 HDB resale flats in its current financial year ending March 31, 1998,
    570 words
  • Article
    List of defaulters swells as KLSE drops another 3%
    402 1  -  Biggest individual loss BMttL3m;S*porean investors also on list From. Eddie Toh in Kuala Lumpur WHILE the profits of the Malaysian stockbroking sector are shrinking, at least one thing is expanding the list of defaulters. The list of clients who are unable
    402 words
  • Article
    Government to amend law to make en bloc sales easier
    660 1  -  Chridetine for mimmnm consent rate could be 75%-80% By. Audrey Tan [SINGAPORE) En bloc sales of private residential property will soon have legal grounds to go ahead even if a minority of owners object, the government said yesterday. Minister of
    660 words
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      160 1 sssaur South Korea yesterday set in motion a rapid devaluation of its currency. It also suggested for the first time it may seek a bail-out from the International Monetary Fond. Pf 5 hits liirtf 3.41 Continuing woes in the ringgit and in North Asian markets culminated in another dismal day
      160 words
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      14 1 JTCs operating surplus tops Sib, Pg 3 Plans for car design facility, Pg 3
      14 words
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      93 1 Chang* in yioptl j pnHrt— More launch delays expected, fig 4 What UK fund managers and broken say P|4 Property stocks end with net looses, IE 17 a Editorial: A well-judged intervention, Vfe IS The sensation of time CONCORD. Watchmakers Since 1908 SWISS CONCORD VENETO™ ir 4f Roy Eastern Watch
      93 words
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      12 1 UBBsb lou to Indonesia: S'pore foreign reserves not affected, says DrHu,Pg 3
      12 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon More deregulation possible for taxi fares: Comfort MD
      401 2  -  Goh Chee Wee says it's the next logical move, but competition will moderate fares By I Christopher Tan [SINGAPORE] Further deregulation of taxi fares could be on the cards, according to Comfort Group managing director Goh Chee Wee. "It's the next logical
      ERIC CHU  -  401 words
    • Article
      Non-oil export growth seen slipping in Oct
      465 2  -  Causeway jam, disk-drive inventory woes seen taking toll By< Audrey Tan SINGAPORE'S non-oil domestic exports are expected to have risen a slower 8.6 per cent year-on-year in October, with the Causeway jam and disk-drive inventory problems taking their toll, economists said this week.
      465 words
    • Article, Illustration
      Lock icon Sept retail sales volume up 1.8%
      355 2  -  EYE ON THE ECONOMY Commerce By I Carol Eng RETAIL sales remained sluggish in September, growing just 1.8 per cent in volume terms compared to the same month last year. This brings to 5.5 per cent the growth in retail sales in the third
      Source: Dept of Statistics  -  355 words
    • Article
      Mustafa's tops bids for Syed Alwi site
      233 2 MUSTAFA'S Pte Ltd has placed the top bid for a small commercial site next to its existing retail store at Syed Alwi Road of a hefty $1435 million more than 50 per cent above market expectations. The site, put up for tender in
      233 words
    • Article, Illustration
      JTC's operating surplus tops $1b for first time
      439 3  -  Boost from strong demand for industrial properties By\ Lee Han Shih BOOSTED by strong demand for industrial properties, the operating surplus of the Jurong Town Corporation shot past the billion-dollar mark for the first time last year. The latest JTC annual report
      439 words
    • Article
      Plans for facility for carmakers to design models for the region
      341 3  -  By. Ang Wan May SINGAPORE is selling itself as a "neutral" place where carmakers can design their models for markets in the region. The government is planning a facility in Changi that big auto-makers like General Motors and Ford
      341 words
    • Article
      S'pore foreign reserves not affected by US$5b loan to Indonesia: Dr Hu
      481 3  -  Finance minister says govt expenditure plans, CPF savings also not at risk By Audrey Tan SINGAPORE'S US$5 billion (557.9 billion) loan facility to Indonesia will have no impact on Singapore's foreign reserves position and government expenditure plans, Minister
      481 words
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      58 2 HOLD YOUR NEXT PRIVATE FUNCTION ATOP THE WORLD'S TALLEST HOTEL. IH IT'S SURE TO IMPROVE YOUR BUSINESS OUTLOOK. HSP frwF kf |T H f ■bC^BM* 1 B ■> In 5 If: Two private function rooms JHTk with the emphasis on privacy. One of the finest "jta^ restaurants and kitchens in
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      320 2 Lvw OUT Defcvw To Name Address) i a Blossoms J MBwOSenQe? J .ft this Christmas... j (TV. A 5* 1 Hamper Hem Number Oty Total Ami I No. yLi- f 1 fr J V" IV 10*4" w$ »0 U i v Mb™ > i* t 1 10% Discount When Second
      320 words
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      56 3 Christof/e Paris knife rest Museum edition Ssl49 per pair with GST Pavilion Christofle The Shopping Gallery, #02-11/12 Hilton International Singapore 581 Orchard Road, Singapore *****3. Tel 733 7257. Espace Christofle: Robinsons 176 Orchard Road, Level 4, Centrepoint, Singapore *****3 Takashimaya Singapore Level 2,391 Orchard Road, Singapore *****3 Tangs Basement, 310
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      66 3 m n 4 Malayan Motors Auocat, BEST AUTOS LTD Dealer PREMIER MOTOR COMPANY SENDIRIAN BERHAD 45 Leng Kee Road, Singapore 1 ***** Telephone: 473 7755 3BC Jl Sukarjo Wiryopranoto, Jakarta ***** Indonesia Cadong Light Industrial Complex N0.4 Beribi, Bandar Seri Begawan 3103, Opening Hours: Weekdays 8.30 am 5 30pm Saturday
      66 words
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  • FOCUS: PROPERTY
    • Article
      More launch delays probable
      1325 4  -  CHANGE nr PROPERTY POLICIES By, Jenny Lam Abdul Hadhi [SINGAPORE) THE number of deferred property launches over the last six months looks set to rise, particularly by developers with holding power and the means to defray carrying costs. Developers told BT yesterday that they are looking
      1,325 words
    • Article
      Delayed sites mostly in the north and east
      372 4  -  Largest site in West Coast-slated for launch this month By, Ang Wan May [SINGAPORE] THE eight private residential sites that the government is holding back from sale are mainly in the northern and eastern parts of the island. Together, they would have
      372 words
    • Article
      Moves seen stabilising market
      397 4  -  Bnt buyers likely to stay hesitant amid region's turmoil, say UK analysts By\ Neil Behrmann [LONDON] The Singapore government's latest measures should help stabilise the property market, say UK fund managers and brokers. But the market is still likely to remain "weak" because the region's problems
      397 words
    • Article
      House Hunt
      818 4 Property transactions far districts IS and 16 (sectors 42 to 45 and 46 to 48) lodged between Oct 13 and Nov 15,1997 S3? G*™* 1 T0 Wtt PSF SIKETNAIC TYPE OWE LAND MSA* SOFT) (SStMCT CSS District 15 (sectors 42 to 45) AmtoerTwr Apt U/9/97 Fh 2013 1200
      818 words
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      52 4 No. 152 Jalan Besar Brand New6-storey Commercial Building Tenure Freehold Built-in (GFA) 10,676 sq ft Excellent road frontage Near to Food Court and Market Multi-storey carpark just behind 5 mins drive to CBD Closing date of TVader: 15 Dec 1997 (Mon) rt4.ooy For viewing and tender document please contact Sole
      52 words
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      79 4 FOR SALE COMMERCIAL BUILDING AT KAMPONG BAHRU ROAD 1 1 I I Prominent location Freehold Land Area 3,535 sq ft /y r^n Lettable Area: 11,402 sq ft (approx) l Close to Outram MRT, yQk \v just outside CBD Excellent accessibility via TTiri— CTE/AYE/ECP ft TENDER CLOSES: H \/>v 9 Ptctnbr97
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      69 4 ae*r*» n n Rue Bourbon iWMiHI THE HOME OF CAJUN/CREOLE CUISINE PREPARED BY CHEF KENNING FROM NEW ORLEANS. m m\mi set men Special 3-Course Menu at $35 or choice of a la carte. TW£ BOURBON ST., $8 DINNER s'Course Special Set Dinner Menu at $65+++ or choice of a la
      69 words
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  • MARKETS IN TURMOIL
    • Article
      Lock icon Seoul forms emergency panel to head off crash
      232 5 AFP [SEOUL] President Kim Young Sam yesterday formed an emergency economic advisory body to help head off a crash of South Korea's wobbling financial markets. The body is made up of 11 prominent economists, bankers, businessmen and journalists, said the president's new
      AFP  -  232 words
    • Article, Illustration
      Lock icon Seoul devalues won, hints at IMF help for first time
      732 5 Woes so severe rescue plan may top Thai bail-out parkagp, gay economists Bloomberg AFP [SEOUL] South Korea set in motion a rapid devaluation of its currency and suggested for the first time it may seek a bail-out from the International
      Bloomberg; AFP; Source: Bloomberg; REUTERS  -  732 words
    • Article
      Lock icon S Korea hopes to get US$30b Japan loans: reports
      164 5 AFP [SEOUL] The South Korean government is seeking to borrow up to US$3O billion (5547.8 billion) in lifeline loans from Japan to overcome a mounting foreign exchange crisis here, press reports said yesterday. Dong-A daily quoted an Economy and Finance Ministry
      AFP  -  164 words
    • Article
      Lock icon Start aid to S Korea or face disaster, say fund managers
      472 5 Reuters [LONDON] Further weakening in the South Korean won and a fresh rating downgrade on Tuesday left London ftrnd managers convinced international intervention is needed to avert disaster. "Korea is a major catastrophe about to happen." said Ashok Shah
      Reuters  -  472 words
    • Article, Illustration
      Lock icon Nikkei loses 5% as bailout hopes fade
      578 6 Stocks sink as market players realise no public rescue had actually been pledged Reuters [TOKYO] Tokyo share prices fell yesterday as euphoria evaporated over the possible use of public funds to ease Japan's banking woes and investors grew fearful once again that more
      Reuters; Source: Bloomberg  -  578 words
    • Article, Illustration
      Lock icon Indon govt maintains 'no corporate bail-out, no intervention' stand
      729 6  -  Minister's reiteration sends shares tumbling 4.3% to four-year low From S N Vasuki in Jakarta INDONESIAN Finance Minister Mar'ie Muhammad yesterday reiterated the government's stand that it will neither intervene nor bail out private companies with huge foreign debt obligations. The
      AFP  -  729 words
    • Article
      Lock icon Korean currency woes could deal Japan double blow
      368 6 Falling won weakens local demand, makes exports cheaper AFP [TOKYO] South Korea's currency woes threaten to tighten the screws on Japan's frozen economy, analysts said yesterday, forecasting a double-blow to exports. Korea's slumping currency would slice the price of its exports and
      AFP  -  368 words
    • Article, Illustration
      Lock icon RM hits new low of 3.49; dismal day for Asian currencies
      447 6  -  By\ Larry Wee [SINGAPORE] Continuing woes in the ringgit and in North Asian markets culminated in another dismal day for regional currencies yesterday. The Singapore dollar was pulled down to a 46-month low as new lows against the greenback
      Source: Dow Jones  -  447 words
    • Article
      Lock icon HK rates may still go up
      140 6 Bloomberg AFP [HONGKONG] Interest rates here, whose surge the past two months triggered a stock market collapse, may head even higher to fend off attacks on the currency, said the territory's central bank chief. Renewed attacks on the Hongkong dollar are likely because South
      Bloomberg; AFP  -  140 words
    • Article
      Falling Korean won a threat to Taiwan
      490 6  -  Close links, rivalry with S Korea keeps Taipei on its toes By Bruce Cheesman in Taipei THE stiff upper lip Taiwan has adopted throughout South east Asia's financial meltdown quivers every time the South Korean won comes under further pressure from speculators. While
      490 words
    • Article
      Lock icon US firms still upbeat on Asia's long-term prospects
      231 7 AFP [WASHINGTON] US companies remain optimistic about the long-term prospects for Asia despite the current turmoil in financial markets, executives say. But some firms, especially in equipment, construction and infrastructure projects, say they expect short-term cutbacks in what had been the world's
      AFP  -  231 words
    • Article, Illustration
      Asian fund will be tied to IMF and not Japan, officials agree
      566 7  -  Earlier proposal for fond to be independent of IMF not pursued From Al Labita in Ma n ila ASIAN senior finance officials yesterday agreed to establish a regional fund, but its use will be tied to the International
      566 words
    • Article
      Lock icon S-EA will rebound if domestic policies are sound: Rubin
      265 7 REUTER Bloomberg [MINNEAPOLIS! South-east Asian nations are poised to rebound from their recent economic turmoil, as long as they commit to sound domestic policies, Treasury Secretary Robert Rubin said on Tuesday. "In a word, the nations of South-east Asia are in
      REUTER; Bloomberg  -  265 words
    • Article
      Lock icon US meeting on technology investments
      333 7 Business, political leaders to talk about crisis impact Bloomberg [SAN FRANCISCO] Corporate and political leaders from Asia and the US will meet in San Francisco today and tomorrow to discuss technology investment in Asia and how it might suffer after the region's financial crisis. The
      Bloomberg  -  333 words
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      207 5 *c. -v. > -> -J* >5 "vi c v v > "w^ v >> 1 V. i Xj ~_i'Q m, 4 1 'f V SAV^. X V" -4 *> '•v,* What shape is your business in? In li-fciiir t»> iill|'liM ftlfiitt il ii*.wr« *.*IT i! I Jl« Kiic.% th.it 11
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      177 6 JAIMS (Japan-America Institute of Management Science) is a nonprofit, postgraduate institution dedicated to intercultural management education, celebrating its 25th anniversary this year. JAIMS and the University of Hawaii jointly offer: Jtpm&aaeJMM Pnpm Qm*ficweJ MBA program •A unique 12-month intensive curriculum to be offered in Hawaii, featuring MBA,language and culture courses
      177 words
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      83 7 m TUP Eggta i nc \ii llois Kitchen is located on T T M7^M Ic\c I 4, lanolin Mall Iraders Hotel Vx vy/\Xj -F I'ooldcck). Open daiK Irom f '|ffi^ijK| RUMPQLES IF rP Iraders .ill- is located ai the lobln level. ()pcn ilail\ Iroin (v 50am. Specialising in brcaklast, lunch
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      169 7 11 flm I IB B Begin your own tradition. The Patek Philippe men's Complicated watch rtf. 5039 has our ultra-slim perpetual calendar movement that will automatically adjust for leap years until the beginning of the 22nd century. But whatever innovations RWEK PHILIPPE Patek Philippe introduce, every watch is still crafted
      169 words
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      146 8 I YOU'VE OOT $710 MILLION TO IMPROVE I I THE LIFE OF THE BUSINESS TRAVELER. I I Ho w do you spend it? I I -p4 t I m JH ik**. I I f i< 7 I iv3Sf I S' ve a our customers a piece of the pie, we're
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  • REGION
    • Article, Illustration
      Lock icon Strong land bids despite jittery HK property market
      517 9  -  HONGKONG A much-needed boost as robust bidding sees plots auctioned at top end of expectations Byi Quak Hiang Whai HONGKONG'S first land auction since the recent financial turmoil saw robust bidding from developers yesterday, with two plots of residential land fetching prices
      AFP  -  517 words
    • Article
      Lock icon Parliament gives Dr M unanimous thumbs-up
      442 9 KUALA LUMPUR Motion adopted after four-honr debate; it also objects to US probe of Petronas AFP MALAYSIA'S parliament unanimously adopted a motion of confidence in Prime Minister Mahathir Mohamad yesterday following a draft resolution to the US Congress calling on the 72-year-old premier to
      AFP  -  442 words
    • Article
      Lock icon KL to screen foreign Net reports on M'sia: paper
      272 9 KUALA LUMPUR AFP THE Malaysian government has set up a committee to screen all foreign reports about the country in the Internet, a local newspaper reported yesterday. The Star daily quoted Culture, Arts and Tourism Ministry deputy secretary-general Tengku Alaudin Tengku
      AFP  -  272 words
    • Article
      Lock icon Explain payments to pass bill: Indon MPs
      322 9 JAKARTA AFP SEVERAL Indonesian legislators called for explanations after allegations that the manpower minister paid MPs a total of 7.1 billion rupiah (553.2 million) to pass a bill, reports said yesterday. Press reports on Tuesday had said that Manpower Minister Abdul Latief given
      AFP  -  322 words
    • Article, Illustration
      A sea change for China's financial system?
      690 10  -  CHZMA WATCH Bering's top leaders are expected to announce major reforms to head off any financial crisis By Lu Ning THE recent financial turmoil and crises in the region have ushered China's three-day financial work conference normally treated as an annual ritual into
      690 words
    • Article
      India's United Front govt may be on the brink of collapse
      533 11  -  NEWDELHI Congress may drop support if coalition's DMK is not made to quit over alleged links to Rajiv slaying By Yogi Aggarwal AS the Lok Sabha (the lower house of parliament) opened for its winter session today, the United
      533 words
    • Article
      Lock icon Affiliate of collapsed Japan bank files for bankruptcy
      259 11 TOKYO Takngin Teito Securities' liabilities total 539Jb yen AFP TAKUGIN Teito Securities Co Ltd, a non-bank affiliate of Japan's collapsed Hokkaido Takushoku Bank Ltd, has filed for bankruptcy, a company official said yesterday. "We applied on Tuesday to the local district court
      AFP  -  259 words
    • Article
      Lock icon Li Ka-shing said to have invested HK$60b in China
      199 11 ■HONGKONG AFP TYCOON Li Ka-shing claims to have invested more than HK$6O billion (5512.4 billion) in China, it was reported yesterday. Mr Li, 69, whose personal fortune is estimated at around US$ll billion (5517.5 billion) told the Beijing-backed Wen Wei Po
      AFP  -  199 words
    • Article, Illustration
      Lock icon Most-wanted Taiwanese surrenders
      466 11  -  TAIPEI Hostage drama at military attache's home ends peacefully By Bruce Cheesman TAIWAN'S most-wanted fugitive was behind bars last night after a 24-hour hostage drama ended peacefully. Chen Chin-hsing, the only survivor of three suspects accused of the April kidnap and murder of Hsiao-yen, the teenage daughter
      AFP  -  466 words
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      80 9 James Bond's Choice B I Mm. W^SBBSk-^-'-m I m 1 B l :Eks -"IVJsMHHBB I I .|«HH v v v m I I r «i jsv^^B I /^/kSP^BPvww^^^^^lE3 Water-resistant to Ref. No: 2531 (Cents) Price: $2,340 i Ref. No: 2551 (Mid-size) Price: $2,280 3 OMEGA—Swiss made since 1848 s 6
      80 words
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      161 11 IDe'ue brought back something that's been missing from Friday nights for quite a while. Style. h» W fPy M >*> 1L >• v "^JL >V II ~£dAM) Step into an era where everything is choreographed to perfection. The sound is Big Band, the dining is intimate, the dress is lounge
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      35 11 HiH'" I If iii' Jllli r mflii I, Miii H I' ,<i:s fir P'r ■m liir ''lips "llllu C C I the paragon, hilton shopping gallery, takashimaya dept. store raffles hotel arcade, sogo raffles city
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  • THE WORLD
    • Article, Illustration
      Lock icon Apec urged to back WTO financial pact
      411 12  -  WASHINGTON Support will drive iptrtaß far accord in Dec talks in Geneva, says Ruggiero By\ Leon Hadar AS the World Trade Organisation's (WTO) financial services negotiations near the Dec 12 deadline, the WTO chief has called on Asia-Pacif-ic Economic Cooperation (Apec) leaders to
      AFP  -  411 words
    • Article
      Lock icon Six Bank of England directors to quit: report
      211 12 LONDON AFP AT LEAST six directors of the Bank of England are to step down next year as part of reforms by the Labour government to address a perceived conservative, pro-markets bias, it was reported yesterday. A government spokesman noted that Chancellor
      AFP  -  211 words
    • Article
      Lock icon European, Asian bankers ignoring millennium bug: Fed
      395 12 MIAMI They are distracted by regional economic issues, woes Reuters US CENTRAL bankers fear regional economic issues may distract European and Asian banks from dealing with a "millennium time-bomb" threatening the world banking system, a Federal Reserve official said on Tuesday. "It's No
      Reuters  -  395 words
    • Article
      Lock icon Iraq: foreign ministers to hold urgent talks
      199 12 GENEVA AFP FOREIGN ministers of Britain, France, Russia and the United States yesterday headed for Geneva for urgent talks on the Iraqi weapons crisis as Moscow said it had a possible solution in hand. US Secretary of State Madeleine Albright cut short her
      AFP  -  199 words
    • Article
      Lock icon Russian reformer under mounting pressure
      172 12 MOSCOW Reuters AFP PRESSURE mounted on Russia's economic reform supremo, Anatoly Chubais, yesterday after two senior parliamentarians said the prime minister had told them he would be sacked as finance minister. The lower house of the Russian parliament, the State Duma. passed a resolution yesterday
      Reuters; AFP  -  172 words
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      527 12 SALUT RESTAURANT WINE BAR "Border Cuisine' 3-COURSE Christmas Set Lunch Menu AT $42+++ PER PERSON 15tfi 24th December 1997 Ideal for corporate or social Christmas luncheons and gatherings To place. reservations, request for the Christmas Set Lunch menu or location map, pCease caK Eioise Chuj at 225 7555 now. SIEMENS
      527 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Manila court judgements test investor mill
      734 13  -  THE BOTTOM LOVE OPINION By Al Labita The writer is BT's Manila correspondent FOREIGN businessmen are becoming alarmed by the inconsistencies of Manila's investment policies. Rules are changed mid-stream or rescinded on legal grounds to the chagrin of investors. Inevitably, business plans go awry.
      734 words
    • Article
      IN OTHER WORDS
      118 13 'In terais of equal treatment for all, it is morally and judicially unacceptable. The accident, in itself, is distressingly banal.' Jehanne Golkrd French lawyer on the excess ofpolice time devoted to investigations in the death of Princess Diana. They have to know who their customer is and
      118 words
    • Article
      A well-judged intervention
      706 13 EDITORIAL PEW areas of public life in Singapore have generated as much heat, emotion and passion as residential property has. Owning a home is so much a part of the Singapore Dream that normally placid Singaporeans send irate letters to the press demanding that Members of Parliament
      706 words
    • Article, Illustration
      Lock icon Changing the mindset
      1182 13  -  DPM Lee's Sesd&q speech was like a breath of fresh air for the financial services industry By] David Mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant. He contributed this article to BT. THE
      FILE PHOTO  -  1,182 words
    • Article
      Non-trustee stocks risks still remain
      145 13  -  MAILBOX Tan-Huang Shuo Mei Assistant General Manager Customer Service Department CPF Board Singapore PLEASE refer to Mr Ng Soo Chaio's letter "Chance of better returns from non-trustee stocks" (BT, Nov 4). Mr Ng proposed increasing the 20 per cent sub-limit for investing in non-trustee stocks
      145 words
    • Article
      WHAT THE OTHERS SAT
      591 13 THE court of Boris Yeltsin bears ever more resemblance to the Tsarist courts of old. Favourites clamour and bicker for the ear of the sovereign. Reputations laboriously built over years can be unmade in a night. The most unlikely alliances are stitched together out of venal
      591 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      51 13 DOOmsSBPRY By Garry Trudeau K.AHP TH£#E«M>S I II I BT" ANIN7SFSS77NGMO- VJfP 70 PAXR£N PEAVFK.JHZ > /NAPFW&fTPROTEST ff WS^M y^AT^MUW-}H 210-L8 FUU&ACKFROM I OF N/KB FACTORY I UOINN 6AMB TDPAY.J II LfTICA, NEW XJRK! ANPtf£s_ OONPITIONSf |^|l IerSPtCKUP j Awrrs&Ms I mjf (pane j| PLAY-OY-nAY-. JP7 3 J JVHAve&U&fT ||HfW
      51 words
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  • A LEAGUE OF THEIR OWN
    • Article, Illustration
      Lock icon Living each day with a quiet eye
      2317 14  -  Teresa Hsu has committed her life to helping the poor. And she is still missionary-like in her zeal at 97, jaxme ee discovers JAIME EE SHE has the face of a stoic, the heart of an angel and the stamina of a long-distance
      PHOTOS BY CHRIS LOH  -  2,317 words
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      116 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      238 15 Where to wine,dine and entertain*. "~s Http:/ /www. ana-kotels .com Not just ieafood either. Visit our Kome page an<l you can order tonight s dinner from our cyber selection. Browse through the menu, leave us your order and it'll be ready to pick up before you can say 'information superhighway'.
      238 words
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      Page 15 Advertisements Column 2
      242 15 §!$«/>**sfast Theme Restaurant Fooocourt i European countryside ambience r——VTJFry-— Your table is reserved while I you explore our wide variety I &PICT Ttoa J of Asian Western favourites p "A/ J •No messy, uncleared tables or^ Mi Assert I Pay only when you leave I (from **■*> Major credit cards
      242 words
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      Page 15 Advertisements Column 3
      192 15 For the best catch in town with the greatest variety of seafood, and the juiciest sizzling steaks by a relaxing poolside setting, Terrace Open daily for all-day dining, alfresco style with an exotic Balinese setting. For reservations, please call 731 7990. $8 aorsi CROWNE PLAZA" sutimi fwrmmtf Ot Kfd HMf
      192 words
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      Page 15 Advertisements Column 4
      206 15 Pt am ia ia f«i4ay ClttttfM this iwliiii SUPPER TIME AT I C C TO i. I Trv our sumptuous TAIWANESE PORRIDGE 10.00pm 2.00 am dail\ lullillini; .i l.i cartr iiii'iiii of varied I aiw .hum' dishes i nines srr\ cd itli either plain or sweet potato porridge. H*| Unwind
      206 words
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      Page 15 Advertisements Column 5
      134 15 J >w St« Ar w»<w f^Se^-teod" J g. make* spectacle of "W'j Haeif. u the widest >/ seafood appetlaer buffet unfolds before you at TOp of the 'tr. 1 Singapore's Highest Revolving Restaurant. Peaat oa exciting seafood creations pupated wkh only the fu shf si seafood aad bouatlful vegetables. Join
      134 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      832 15 TV&RAPIO lOiao News 5 Tonight. Selangkah (r). V Mt\H ,TJTTiTTtT*^—^ I, H4O Business Day. 5.00 Menitl Pelangi (r). £u T.Y ovatlons ILIS Baywatch Nights Zarg- UO Sempadan Kasih (r). 2*30 The Winners. tha 6.00 Paramapadam (Drama). a.?O MoneyJUoney, Money. ujs AM Savannah I 740 Sirikka Sinthikka. Tech 2000. Don'X(Lastep). 740
      832 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      201 15 CRYPTO CROSSWORD joke and conquer, say? 10 Sure to leave free time for 11 Clement puts Guy in shade change (7) 25 Part of a man's cycle, to be ""■J ~~~Lbt--26... ready after second drink (6) helicopter (7,6) raise relief (6) 27 Opinions start to be affected 7 Regalia here
      201 words
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      52 16 fflfr < -> fB£®©Ptr*i 2s <3^^l m^foffiErafe';,-" < *ai.> <-s«3^H .-§>*£■ <rMifr»NraW ?L *m -^■JsSei^M v '■s-J-SsM IBfflfeOi'^M^,.„ si-raM "j|M fH •••T'Sc.. V wjjjiA44».>■* 4 a '«t •vf r v f- jt\* -'i* %v j/- Arm*". ®:JZ~A'f. ZrpSitpf:--■•;-<%- i fry WELCOME HOME Sheraton Towers Singapore. Thirty-Nine Scotts Road Singapore *****0.
      52 words
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  • COMPANIES & MARKETS
    • Article
      Vikay creditor banks ask court to appoint judicial managers
      587 17  -  Petition by 3 banks comes two days before Vikay is dne to present action plan By Jennifer Lien Jenny Lam [SINGAPORE] Three of Vikay Industrial's creditor banks have jumped the gun in asking the High Court to appoint judicial managers for
      587 words
    • Article, Illustration
      Creative building on its long experience
      536 17  -  New audio system set to help it lead market into next century From. David Welcher in Las Vegas WITH the announcement of a new system for personal computer audio, Creative Technology now has the products, personnel and technology in place to lead the market
      536 words
    • Article
      What capital flight? Official data show Q3 surplus
      857 17  -  HOCK LOCK SIEW Louis Beckerling ECONOMIC data released this week show no signs of the widely-touted mass capital flight from the Singapore stockmarket by foreign funds since the onset of the regional currency crisis. Though sketchy and incomplete since it deals with
      857 words
    • Article
      Latest govt measures fail to excite property stocks
      257 17  -  Measures not able to stop property price slide: analysts By, Abdul Hadhi [SINGAPORE] Property stocks recovered somewhat in early trading yesterday in response to the government's latest set of property measures, but quickly lost the gains to end the day with net
      257 words
    • Article
      Amcol's Mauritius project up for auction
      298 17  -  By I Conrad Raj [SINGAPORE] Amcol Holdings' Mauritius project is being auctioned off next week following a claim by the Singa-pore-based company, which is now part of the Indonesian Sinar Mas group's Singaporelisted vehicle, Asia Food Properties. A recent advertisement in The Asian Wall
      298 words
    • REGIONAL COMPANIES
      • Article
        Lock icon 10% long-distance rate cut seen hurting PT Telkom
        416 18 Telkom's shares fell on concerns that its earnings will drop just when costs are rising fastest Bloomberg [JAKARTA] Shares of Indonesia's state-controlled telephone monopoly, PT Telkom, fell 5.2 per cent after the government said it will cut domestic long-distance rates by 10
        Bloomberg  -  416 words
      • Article
        VDH evaluates Soeryadjayas' proposal
        215 18 [SINGAPORE] Infrastructure group Van der Horst yesterday said it was evaluating a proposal from Indonesia's Soeryadjaya family, under which it would gain a telecommunications asset while the Soeryadjayas get a controlling stake in the listed company. VDH said it was arranging a valuation and conducting the
        215 words
      • Article
        Small investors to receive 64.6% of Progen shares
        201 18 [SINGAPORE] Investors who applied for one to nine lots of shares in aircon and ventilation systems group Progen Holdings will receive 64.6 per cent of public tranche shares totalling just one million. In total, 6,118 applications were received from the public and
        201 words
      • Article, Illustration
        Wing Tai firm buys Newton site for $56.4m
        321 18 ISINGAPOREJ In another sign of a soft market, a Wing Tailinked company has clinched a prime freehold site at Newton Road put up for sale by the Newton Life Church at a bargain price of $56.39 million or $678 per sq ft
        321 words
      • Article
        Aztech's policy on suits
        120 18  -  LETTERS TO THE EDITOR Jeann Low Company Secretary Aztech Systems We refer to the press articles in The Straits Times and The Busi ness Times yesterday in respect of the legal suit filed in the US by Aztech Systems against Creative Labs and Creative Technology for
        120 words
      • Article
        SIA review not shakeout
        121 18  -  Karmjit Singh Assistant director of corporate affairs Singapore Airlines Ltd WE refer to David Boey's report in BT, Nov 19 under the headline "SIA to start top-level review next week". SIA has just finalised the appointment of McKinsey and Company to undertake a review of our
        121 words
      • Article, Illustration
        DBS China Sq will have 350,000 sq ft to let
        200 18 [SINGAPORE] DBS China Square will provide some 350,000 sq ft of net lettable commercial space when it is completed in 1999. The development, at the junction of Cross Street and Telok Ayer Street, is 70 per cent owned by DBS
        200 words
      • Article
        Hwa Tat Lee ties up with European furniture designer
        160 18 [SINGAPORE] Leather furniture maker Hwa Tat Lee (HTL) has set up a joint venture with Musterring International, a leading European furniture designer and marketeer, to boost the latter's presence in the Asia Pacific. The 50-50 joint venture will market and franchise
        160 words
      • COMPANY Briefs
        • Article
          Lock icon IDT profit up 48%, shares rise
          100 18 Bloomberg [SINGAPORE! IDT Holdings bucked the market trend yesterday after reporting a stronger-than-expected 48 per cent jump in half-year profit to $10.3 million. Shares of the consumer electronics maker rose 9 per cent to US$l.2O on 525,000 shares done. Company officials said sales to
          Bloomberg  -  100 words
        • Article
          SSH gains from property sale
          63 18 Mainboard-listed Sin Soon Huat is expected to make an extraordinary gain of $2.4 million for the year ending May 31 from a property sale. The lot at 21 Pioneer Sector 1 has been sold to Wing Lee Logistic for $6.2 million. The Jurong Town Corporation
          63 words
        • Article
          DBS conversions start trading
          30 18 [SINGAPORE] DBS Bank said an additional 100,000 ordinary shares of|l each arising from the conversion of 516,000 non-redeemable convertible preference shares will start trading from today.
          30 words
        • Article
          Datapulse stake given as gift
          50 18 [SINGAPORE] Datapulse Technology substantial shareholder Ng Cheow Chye has given away a 4.72 per cent stake in the company as a gift, cutting his stake to 23.32 per cent. Based on yesterday's closing price, the gift of 8.5 million shares will be worth $4.1 million.
          50 words
        • Article
          Lock icon Hong Leong sells Atlas shares
          73 18 AFX-Asia [MANILA] The Hong Leong Group said it has sold shares in Atlas Fertilisers Corp to Long View Holdings for 115.1 million pesos (555.3 million). Hong Leong said the deal involved 158.5 million class A shares and 64.96 million B shares. Hong Leong said it
          AFX-Asia  -  73 words
        • Article
          Hai Sum Hup on Sydney site
          75 18 [SINGAPORE] Hai Sun Hup yesterday said it had launched a residential project in Sydney. The apartments are being built in the former Caltex House, now known as Stamford Plaza Sydney/Stamford on Kent. The redevelopment will be completed by the first half of 1999. Caltex
          75 words
      • Article
        Lock icon Sanwa's interim pre-tax slumps 64%
        552 20 Japanese bank to write off 750b yen in bad debts for foil year to March 1998 AFP [TOKYO] Sanwa Bank Ltd said yesterday parent pre-tax profit for the six months to September slumped 64 per cent from a year earlier to 19.2 billion yen (*****.8
        AFP  -  552 words
      • Article, Illustration
        Lock icon Tamagotchi helps double Bandai's half-time profit
        392 20 FT [TOKYO] The fad for tamagotchi, the virtual pets, has boosted profits at Bandai, their Japanese creator, nearly four-fold to a record 6.8 billion yen (5585.3 million) for the first half of the year. Bandai is pinning its hopes on new versions of tamagotchi
        FT; FILE PHOTO  -  392 words
      • Article
        Lock icon Citic Pacific denies it's buying Yaohan HK
        200 20 Bloomberg [HONGKONG] Citic Pacific denied press reports that it is set to buy out Yaohan Hongkong, a department store chain being sued by its creditors for failing to pay its bills. "We have no plans to buy Yaohan, and we are not in
        Bloomberg  -  200 words
      • Article
        Lock icon Peregrine still open to new offers: paper
        120 20 Bloomberg [HONGKONG] Peregrine Investment Holdings would consider several new offers made by major investment banks after the announcement of a US$2OO million (SS3IB million) injection from global insurer Zurich Group, the Hongkong Standard reported, quoting chairman Philip Tose. According to the agreement with
        Bloomberg  -  120 words
      • Article
        Lock icon Yamaichi shares battered on fears of further debts
        459 20 4th largest broker dives 40% to record low of 65 yen Bloomberg [TOKYO] Shares in embattled Yamaichi Securities Co fell 40 per cent to a record-low 65 yen yesterday and touched its daily floor of 58 yen amid worries the brokerage has
        Bloomberg  -  459 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon First Union to pay over US$16b for CoreStates
        521 21 Price highest ever paid for a US bank; First Union moves to solidify East Coast market presence LAT-WP [PHILADELPHIA] First Union Corp on Tuesday announced plans to buy Core tates Financial Corp of Philadelphia in an all-stock deal worth more than US$l6
        LAT-WP  -  521 words
      • Article, Illustration
        Lock icon Seagate expects weaker Q2 results
        365 21 Poor product demand, pricing pressor* seen affecting profits Reuters Bloomberg [SCOTTS VALLEY, California] Disk drive maker Seagate Technology Inc said on Tuesday that its second-quarter results will be weaker than expected. The world's largest disk drive maker said in a statement that it will be
        Reuters; Bloomberg; Source: Bloomberg  -  365 words
      • Article, Illustration
        Lock icon Laura Ashley board dismisses chief exec
        293 21 NYT [LONDON] Ann Iverson, the American turnaround specialist hired two and a half years ago to breathe life into Laura Ashley Holdings pic, the clothing and home-furnishing retailer, was dismissed on Tuesday as chief executive after a turbulent tenure marked by boardroom infighting, heavy
        NYT; REUTERS  -  293 words
      • Article
        Lock icon NYSE tacitly admitting Oct 27 halts a mistake?
        388 21 Bloomberg [NEW YORK] The New York Stock Exchange (NYSE), which is developing new rules governing how much stocks can fall before trading is halted, may be tacitly acknowledging that the two halts on Oct 27 were triggered too easily. Officials at the
        Bloomberg  -  388 words
      • Article
        Lock icon Disney's record profit sends shares to new highs
        264 21 Reuters [BURBANK, California] Walt Disney Co on Tuesday reported record earnings for its fourth quarter and fiscal year, meeting expectations on Wall Street and sending its shares to new highs. Disney stock touched U5590.3125 on Tuesday before retreating to close at U5589.25,
        Reuters  -  264 words
      • Article
        Lock icon Weak yen denting US car firms' profits: Chrysler
        439 21 Carmaker expects to regain its lost market share Bloomberg [BOSTON] Chrysler Corp chairman and chief executive Robert Eaton said the Japanese yen's recent weakness against the dollar is hurting US carmakers "big-time" and that the yen is unlikely to strengthen soon. "That's
        Bloomberg  -  439 words
    • FINANCE & COMMODITIES
      • Article
        Simex gains from collapse of regional stockmarkets
        374 22  -  Turnover surges as firms turn to derivatives to hedge againgf prim rhnngflg By\ Siow Li Sen AMID the doom and gloom of the regional turmoil in the currency and stock markets, the Singapore International Monetary Exchange (Simex) has emerged as a beneficiary. While
        374 words
      • Article
        Lock icon UBS derivatives traders leave; London, NY divisions revamped
        206 22 Bloomberg [LONDON] ÜBS reorganised its equity and fixed income operations in London and New York because trading losses piled too high, said Werner Bonadurer, executive vicepresident in Zurich. Three people left its equity derivatives department in New York after Ramy Goldstein, head
        Bloomberg  -  206 words
      • Article
        Lock icon Smith Barney to axe fixed-income traders
        256 22 Bloomberg [NEW YORK] Smith Barney Inc has told most of its fixedincome securities traders they would lose their jobs after its parent acquires Salomon. The job cuts were widely anticipated. Smith Barney's parent, Travelers Inc, is expected to complete its acquisition of Salomon at
        Bloomberg  -  256 words
      • Article, Illustration
        Lloyd's plans to set up S'pore branch
        417 22 It will function Hk> an insurance says chairman [SINGAPORE] Lloyd's, the London-based international insurance market, plans to set up a Singapore branch within the next two years to underwrite risks in South-east Asia. Lloyd's chairman David Rowland yesterday said the branch office here
        417 words
      • Article, Illustration
        Lock icon Chile pension fund agents protest
        84 22 [SANTIAGO] An angry protestor kicking a Chilean policeman in the back while others pushed the officer during a protest in Santiago on Tuesday. Hundreds of pension fund salesmen gathered outside the Labour Ministry building after their trade union, which represents some 10,000 agents, called for
        REUTERS  -  84 words
      • Article
        Lock icon Banks seek overhaul of Basle capital rules
        502 23 Uniform 8% risk 'cushion' agreed in 1988 now outdated, says ((roup of international banks FT [LONDON] A group of leading international banks is calling for an overhaul of the Basle capital rules ratios used to determine how much capital a bank needs as
        FT  -  502 words
      • Article
        Lock icon Phelps Dodge to sell 90% of wheel unit for US$480m
        331 23 Spinoff leaves copper producer to focus on core businesses Bloomberg [PHOENIX] Phelps Dodge Corp said it agreed to sell 90 per cent of its Accuride Corp wheel and rim-making unit to Accuride's management and an affiliate of Kohlberg Kravis Roberts
        Bloomberg  -  331 words
      • Article
        Lock icon Euroyen up on lack of fiscal steps
        200 23 nam hi Report Reuters [SINGAPORE] Simex Euroyen futures rose in late trade yesterday on the lack of fiscal measures in Japan's economic stimulus package. Dealers said speculation over further credit easing in Japan also lifted sentiment. After trading to a low of 99.44,
        Reuters  -  200 words
      • Article
        Futures steady as concern over won fades
        153 23  -  MSCITAIW AM FUTURES -By, Ric Trotta By Ric Trotta, Floor Manager, Refco Singapore Pie Ltd [SINGAPORE! The Simex MSCI Taiwan Stock Index futures contract closed unchanged yesterday. The cash index ended up 60.4 points at 7,705.4. Both markets recovered early losses as concern
        153 words
      • Article
        Lock icon Italian firm signs two Kazakh oil deals
        302 23 ENERGY REPORT Reuters [ROME] Italian energy giant Eni said yesterday its Agip unit was taking a 32.5 per cent stake in a consortium set up to develop Kazakhstan's Karachaganak oil and gas fields. It said investment in the project would total some US$7
        Reuters  -  302 words
      • Article
        Lock icon CURRENCY REPORT
        290 23 Reuters Tiffwlwi THE US dollar fell against the mark but rose against the yen despite some urgent measures presented by Tokyo to stimulate Japan's flagging economy. At 1250 GMT, the dollar was at 1.7254 marks against 1.7333 on Monday and at 125.92 yen against 125.75. Dollar-mark trading was
        Reuters  -  290 words
      • Article, Illustration
        Untitled
        1185 23 DITHKBAMK CROSS RATBS AVw> q n 9m m *>»**■» Y« C$wni Hm 8 hX «fr UTS »*t E—8 W$ 5222f* lom a <2 »5 iS K8 HS «2£ J5S H5 HS 30 550 4 047 UM uk 0.*****5*7 27.510 0.409 1*3 £2? iS im V25 V£i 7 JE W£ >2
        1,185 words
    • Article
      COMMODITY PRICES
      1606 25 SICOM FUTURES Nov 19 KUMEt (Moras dotal attfUOva) ISS1 c*tfiAa) CIom VMnm OpM MMrtk M|fe Lew Sett (twMt) Msiwt DK 97 130.50 00JO 128.50 25 JM 90 129.25 1320 FM 90 132JO 570 kbr90 135.00 1*20 Apr/Jw 98 ***** ***** Jtf/S«90 145.75 3075 Oct/Doc 90 149.00 120 3000
      1,606 words
    • Article
      WORLD STOCK MARKETS
      2079 25 LONWM IwH l"<wtrlais N«l 31 Group 479 -2 AB Ports 2 S3 1 Abbey National 950.400 -14.600 Allied Domecq 515.200 -4.800 Anwc 132.400 -4.600 AuU Croup 159.200 -3 BATInd 525 -10 BG PIC 260.600 -6.600 BICC 150 unci) BOC Group 970 -4 BR Petroleum 876 -4 BTR
      2,079 words
    • Article
      Lock icon TOKYO
      1647 25 AFP Q Nikkei 225 -***** SHARE prices slumped 5.3 per cent yesterday as analysts warned the financial sector risked taking a severe blow if the government failed to fight its bad debts immediately. Concern over the financial system sent the 225-share Nikkei Average diving 884.11 points to end at
      AFP  -  1,647 words
    • Article, Illustration
      Lock icon HONGKONG
      1612 26 AFP P Hang Seng -9082 SHARES pared early losses but still ended lower yesterday as interbank rates rose due to the currency problem in South Korea, which pushed Wall Street down overnight. "Traders are watching the developments in the region where most markets fell following the sharp depreciation of
      AFP  -  1,612 words
    • Article, Illustration
      Lock icon CHINA
      669 26 Reuters nShenzhen Blndex -LB7 THE Shenzhen B share market ended lower yesterday in sluggish trade, pulled down by a decline in the Hongkong market. The B Index slid 1.87 points to 111.60 on turnover of HK$l7 million. The A Share Index ended down 3.14 points to 407.00 on turnover
      Reuters; Source: Credit Lyonnsis Securities (Asia) Ltd  -  669 words
    • Article
      Lock icon TAIPEI
      408 26 AFP gypinte +60.43 SHARES rose in slow trading yesterday on light buying of technology issues despite lingering concerns over the plunging local currency. The Weighted Price Index rose 60.43 points to 7,705.40. Turnover was 1.2 billion shares worth NTSB3.BO billion. Rises beat falls 211 to 178. "The rally was
      AFP  -  408 words
    • Article
      Lock icon WELLINGTON
      255 26 Bloomberg -17J0 SHARES declined yesterday as Telstra continued to distract investors from the rest of the market. The NZSE Top 40-share Index fell 17.10 points to 2,367.45. Within the index, declines outnumbered gainers by 24 to 13. Trading was valued at NZ565.4 million. Bloomberg ■ww »rs cooo) ANZ Banking
      Bloomberg  -  255 words
    • Article, Illustration
      Lock icon BANGKOK
      819 26 AFP n SET lata -S-W SHARE prices closed down 1.3 per cent yesterday on weakness in the baht and other regional currencies and tight liquidity. Analysts said poor third-quarter results with company earnings largely wiped out by foreign exchange losses continued to weigh on market sentiment. Dealers said foreign
      AFP  -  819 words
    • Article
      Lock icon SEOUL
      398 26 AFP Composite Index *7J3 SHARE prices rose 1.6 per cent yesterday, recovering from earlier losses on hopes of a government stabilisation package, dealers said. The Composite Index rose 7.93 points at 502.59, after falling as low as 482.95. Turnover was 44.1 million shares worth 457.9 billion won. Risers led
      AFP  -  398 words
    • Article
      Lock icon SYDNEY
      590 26 AFP QAD Ordinaries -26.0 SHARE prices lost 1.1 per cent yesterday as regional markets faltered and blue-chip stocks continued their slide against newcomer Telstra. "You have got global sentiment again focused on the Asian markets," a broker said. The All Ordinaries Index slipped 26 points to 2,442.3. Turnover was
      AFP  -  590 words
    • Article, Illustration
      Lock icon JAKARTA
      714 26 AFP Composite Index -18.56 SHARE prices fell 4.3 per cent yesterday on a broad market sell-off led by large stocks and financial shares amid poor regional sentiment and a lack of fresh incentives. "People are cautious because of the trouble in South Korea. If the crisis there continues, the
      AFP  -  714 words
    • Article
      Lock icon MANILA
      299 26 AFP n Manila -5.76 SHARE prices closed 0.3 per cent lower yesterday amid profit taking in thin trade. "People want to cash in as soon as they see the market going up," said a trader. The PSE Composite Index fell 5.76 points to close at 1,872. Turnover rose to
      AFP  -  299 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        7807 27 wmimu ConuMf products 1991 Lilt Vol Day N«t Cap WHfc L— fiwuni Sal* 'OOO Hlgft Low P/I )mll 79 0 274 Ajinomoto 280 -19 21 280 274 15.5 113.5 448 170 Angkasa. 173 -15 68 182 170 5.1 255.1 905 336 Apollo Food Hlg 352 48 45 400 336 K>2
        7,807 words
      • Article, Illustration
        Lock icon Shares off lows on late local support
        445 27 AFX-Asia CI Composite Index -18.60 SHARE prices closed off lows yesterday as local funds stepped in to trim losses and take the key index above the 600-point level. Dealers said investor attention focused on Renong and United Engineers, and statements to the effect
        AFX-Asia  -  445 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3702 28 BONOS, LOANS WARRANTS 1991 Laat Vol Day lilt Ouota Avg "N* 8*no Company Sal* *ar- COOOI High Lao Buyar SaHar Prtea 68 20.5 m 3000 m AMDB c5.5%*****6 21.5 -1 11 215 21.5 215 81 3160 "Acar ******1 US$ 19 -1.5 53 20 19 18.5 19.5 '3' 23 3164 Acma
        3,702 words
      • Article
        Singapore property warrants: wise to stay away for a while
        183 28  -  WARRANT WATCH By Ven Sreenivasan ONE would have thought the measures introduced by the government would lift property stocks, and thus their warrants. Alas, the results were, at best, mixed. CityDev's warrant ended the day 10 cents down at $4.60,
        183 words
    • Article
      CLOB INTERNATIONAL
      2316 28 MALAYSIAN STOCKS Or Or 1997 Last Vol Day LMt Ourta Mv DK YM N« M Cm High Low Stno Company SW COOP) High L«w Buyr Mk Cvt P/I >ml| 470 112 m i 5000 AISB 50c 113 cd -15 426 126 112 113 119 5.0 3.3 10 43.1
      2,316 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1411 29 TURNOVER COOO) VALUC (*000) M*» CI— TlW mil CK> T«M MttftfW *3,931 52,979 1**10 «MU 50.229 235,781 r*mnc* 10,502 19,114 n.M 78.640 ***** 107 JM MoMs 2.264 1.148 Ml] UM 587 3.753 Rrapaftto 16.408 19,1*4 31,802 59.055 7.024 *4,079 Plantation 4,42* 4.42* 4,138 4.136 MMn« 1,270 1,270 *M 92* 8LW
        1,411 words
      • Article
        Untitled
        228 30 Stocks Volume •Sime Darby 50c 10,360,000 DBS Land 8.472,000 *RHB Cap Wt99 7.654,000 SingTel 15c 6.109.000 •Magnum Corp50c 5,968,000 •Renong Bhd 50c 5,889,000 Wing Tai 25c 5,644,000 •MBf Capital 5,069,000 JIT Hldgs 10c 4,978,000 •Rekapacific Bh 4,939,000 Stacks SIA Foreign 25,450,536 DBS Land 23,229,493 City Dev 50c 21,643,546 UOB Foreign
        228 words
      • Article, Illustration
        HOT STOCK
        64 30  -  -by Shiv Taneja MAYBANK closed 25 cents lower at $5.20 on a volume of 2.37 million shares yesterday. Despite the daily and weekly RSI and stochastics being heavily oversold, the steady decline of the stock is expected to continue in the medium term Investors looking to buy the
        64 words
      • Article, Illustration
        Lock icon Market shrugs off govt property measures
        664 30  -  STOCK MARKET COMMENTARY Initial euphoria proves short-lived; stocks weighed down by KL, HK falls and Sing dollar's weakening against the greenback By Ven Sreenivasan [SINGAPORE] Stocks yesterday recorded their sharpest declines this week as the market all but ignored the government measures to ease
        Chart info from Bridge  -  664 words
      • ON THE GRAPEVINE
        • Article
          One at a time
          85 30 AMIRSHAM AZIZ, the managing director of Malaysia's largest bank, Maybank, has bought more shares of his bank. But before you jump in to follow the insiders, you should note that he bought only one lot at 12.80 Malaysian ringgit per share last Thursday. And two weeks
          85 words
        • Article
          Stars and tiger stripes
          93 30 ALL these years, it Is widely accepted that whatever happens in Wall Street will reverberate to other markets and economies in the world. Thus, when America sneezes, as the saying goes, the whole world will catch pneumonia. However, It has also been proved —Judging from the
          93 words
        • Article
          Too much to ignore
          102 30 A CURRENT affairs show on television on Tuesday night discussing the now landmark speech on financial sector liberalisation by BG Lee Hsien Loong seemed to have a disproportionate number of ftind managers two out of the panel of five (not counting the evergreen Prof Toh Tian
          102 words
        • Article
          All's well with the numbers game
          111 30 NOT long ago In this column, we mentioned that JIT Electronics' Initial public offer subscription rate, 41.4 times, might not have made number-conscious JIT chairman Tommie Goh too pleased. After all, Mr Goh's favourite numbers, which appear on all his phone numbers and car
          111 words
        • Article
          Letter man
          149 30 ONE would have thought that with all the sports generated from the doom and gloom that has spooked Asia's stock and foreign exchange markets, folks living in less unsettled climes would at least get a chance to improve their geography from reading these stories. Not so, according to
          149 words
        • Article
          Singing away the blues
          102 30 WE KNOW times are hard in Jakarta. But some people seem to be keeping their up and make the best of the economic crisis. Here are excerpts from a letter that was published in yesterday's Indonesia Times, a local English daily: "What shall we do In
          102 words
    • Article
      MAIN BOARD
      5072 29 Or Or M Wt 1997 last Va< Day Last Ou«t< Wv Dtv Yld Nat Cap A*g High Lm> S«Na jgfli Mi <*000> W» U» Buyar Sa—> Cw NK Mw INDUSTRIALS 157 40 1020 ACE Dynamics60c 50 -0.5 84 52 48.5 48.5 50 40.9 51 5146 ASE MT$10 200
      5,072 words
    • Article
      SESDAQ
      888 29 T Y«* «>•* Urt#wt« Mr 0«« W MM Cm A "I c «"»»y roop) w%» L— »WYf t<W> C'yf (ma Piic* tUftflfl 186 76 2000 AM mag* St U« -5 26 132 126 126 129 1.0 6.0 01 ISO 0 56 0 ISO IS,' 2* 7. 331 306 302
      888 words
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      710 19 j $>> i I Us I I7n hI n Hnicn I II |||||U 11 M 5 Shenton Way #06-13 VIC Building, Singapore *****8 Tel: 22 7 0933 I II VV I V MIV M V Visit our web site at http://www.tunglok.com 1 f 'I Undoubtedly The Most Magnificent fAjvl I
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      154 20 Vv \1 m M and it COStS you nothing. You have just attained world-class recognition with your ISO certification. To customers, I I it means that your company has attained high quality standards for your products or services. This is your biggest competitive edge. So tell all your customers about
      154 words
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      Page 20 Advertisements Column 2
      197 20 I '$>' From now until die 31st December '97, the smart businessman will choose to May at The Peninsula Manila. For this limited period, The Peninsula Manila is offering its Dehixe rooms for USslBo* per night. This will include a chauffeur-driven limousine to whisk you from the airport to the
      197 words
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      265 21 i Stay In Touch With i CPF via e-mail I i You can now e-mail directly to the CPF officer of the relevant CPF scheme or J service and have your specific questions answered. This is yet another step by the i i Board to provide you with better services.
      265 words
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      67 22 At 9 +> "1 L* \V^9Q j exclusive residennal address in rhe heorr of Singapore, rucked away wirhin rhe rranquiliry -|j|fe of Shangri-La horel. For more information or a By VV TJ f privare viewing, call 737 3644 *****2-1994 BP A MOOS Shangri-La Apartments, No. 1 Anderson Road. Singapore *****3.
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      302 23 FWI an IMAGE which reflects your SUCCESS A high-technology industrial facility located at Woodlands, the Northern hub of Singapore E3383 Ready for occupation: Early 1998 Entrance lift lobbies finished with polished granite. Covered drop-off at each entry for tenants and visitors. 310 covered parking lots are provided. Provision of 9
      302 words
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      73 24 Hardly without carrying some extra luggage you forever, because a package the traveler As you expect, the Traveler fPackage. With it, you can go to the ends of the world without having your own portah&lm&nci&l support Because the Traveler Package includes A Citibank Visa or MasterCard, Citicard (ATM card), you
      73 words
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      110 28 I YOU ARE JUDGED BY WHAT YOU WEAR jPw cyc s TAILORED SHIRTS will set you apart Why wear readymade shirts made for the average body? At CYC, every shirt is skilfully crafted for your body giving you just the right And y° u have our w ord on it
      110 words
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      92 29 I Up-to-the-minute stock reports I I for the price of a stress tablet. I I nfnaoix) I Mj Singapore Why get all worked up when Sing Tel Magix can give you on-line, on-demand financial news onyour home PC. For an average of only $3 a day*. Instalment plans for a
      92 words
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      1819 30 BUSINESS \'o/ices To advertise call toll-free 1800-741 18X3 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TECH-MAR CONSULTANTS PTE LTD IN MEMBERS VOLUNTARY WINDING-UP NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting ol the members
      1,819 words
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      Page 30 Advertisements Column 2
      122 30 The Companies Act Cap 50 IMOCONS SURVEYS SERVICES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE is HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50. that the Final Meeting of Members of the above named Company will be held at 711 Geylang Road #03-04 Oriental Venture Building.
      122 words
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      Page 30 Advertisements Column 3
      574 30 ANNOUNCEMENT UNCONDITIONAL CASH OFFERS ("OFFERS") BY N M ROTHSCHILD SONS (SINGAPORE) LIMITED FOR AND ON BEHALF OF SAMTA INVESTMENT PTE LTD (THE "OFFEROR") FOR SHARES AND WARRANTS OF APOLLO ENTERPRISES LIMITED ("APOLLO" OR THE "COMPANY") TO ELIGIBLE PERSONS In connection with the Offers, N M Rothschild Sons (Singapore) Limited, for
      574 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      307 31 Reuters Bridge News The key US Gulf-Japan Panamax grain freight rate dropped below US$2O for the first time since September 1996, brokers said. NSAC booked Korea Line tonnage at U5519.50 without combination ports for a Dec 10-20 cargo. Rates for capes izes in the Atlantic are now under
      Reuters; Bridge News  -  307 words
    • Article
      MARITIME STOCKS
      268 31 •a." c«rr otst o.m -0.01 44 CftMnHap 049 *0-005 367 Cwcemv 0.90 *004 M FTMMLMu 0-305 -0.01 116 MMNl 037S -0M5 27 Hal Sun Hup 049 -0j09 ISO MtacMZaean 0.5) -0005 15 MCHoMta* HK540 Jaya llaMPtfl 0JI5 -0.015 65 ■frrPWd Shipyard 7.60 unch 454 MppalCarp 5-30 *005 1644
      268 words
    • Article, Illustration
      Lock icon Fifteen transpacific lines unite to raise rates
      496 31  -  TSA to adopt US$3OO per FEU hike on all contract rates from May 1 next year By] Felix Chan [SINGAPORE] In an unprecedented show of unity, the heads of 15 major transpacific shipping lines have agreed to raise freight rates to "levels Which
      FILE PICTURE  -  496 words
    • Article, Illustration
      Lock icon Sailor with long-standing passion for the sea
      680 31  -  SHIPSHAPE By. Marcus Hand WITH a love for the sea and sailing from an early age it's perhaps no surprise Bill Smart, director of Bengal Tiger Line (BTL), opted for a career in shipping. Although Scottish by parentage Mr Smart has spent much
      ARTHUR LEE  -  680 words
    • Article, Illustration
      Lock icon Panamax newbuildings soar for third year
      513 31 Orders have shown no link to freight trend: consultant Lloyd's List [LONDON] Panamax newbuilding activity has refused to conform to cyclical freight market tendencies. The perceived long-term investment potential for these vessels has led to 6 million dwt of tonnage being ordered for the
      Lloyd's List; FILE PICTURE  -  513 words
    • Article
      Lock icon Asian currency, coal crash crisis may hit shipping
      331 31 Recent slide in freights looked set to continue into 1998 Reuters (SYDNEY] The shipping and ocean freight market was likely to be sharply affected by the financial crisis in South-east Asia and South Korea, a Sydney coal conference was told. With coal
      Reuters  -  331 words
    • Article
      Lock icon Asean floating science centre to be launched
      112 31 Bernama [KUALA LUMPUR] The long-awaited Asean Floating Science Centre, a ship where Asean research scientists will be working on, will be commissioned soon. Discussions with the relevant parties on this were in progress, Malaysia's Deputy Science, Technology and Environment Minister Abu Bakar Daud
      Bernama  -  112 words
    • Article
      Penang aborts cruise terminal plan
      231 31 [SINGAPORE] Penang Port Sdn Bhd (PPSB) is not going ahead with a one billion Malaysian ringgit (***** million) plan to build an international cruise line terminal following a directive from Malaysia's Economic Planning Unit. Its executive chairman Zahrain Mohd Hashim said the EPU wanted PPSB
      231 words
    • Article, Illustration
      HK settles for modest growth
      1105 32  -  HONGKONG PORT PROSPECTS Although China shows healthy export growth, Hongkong's ports have not benefited as much as they might in the past By, Matthew Flynn B uried deep in the pages of the "China Review" section of the South China Morning Post was a provocatively
      1,105 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      259 32 PAGE ECL S Ad EES 8 AHl 3 Ethiopian 6 Accord 8 Eurohws 6 Appensiup 5 Evergrew 6 i Astro 3 Fimous 7 Austral 9 FL-BrigM 6 Avant 6 foonflSun 8 BSA 7 CUnk 4 Batammdo 7 Gemartrans M Bayswater 7 &wsh M
      259 words
    • Article
      SHIPPING GUIDE
      24771 40 EXPORT ETA ETA Atfvarttsaf V«Ml Voyaqa laiaphona ETA ETA Advartlsar Viu*I Voyaga TeJeyhone SIN Dast'Numpar Numbaf SIN Dast n Nama A 03/12 04/12 ACL MARIN OWN 49-228*21 A 03/12 06/12 ACL SRISAMUT SRS30 M 2212*21 T A Bin I1U 111 It 03/12 08/12 Nortrans MA 45-4*5*200 TO ABIDJAN
      24,771 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        777 45 Vwsol Voy No Bftti ArrhM PtMrtirt jniM MUOt 97M M I* VMOO it la im mm joi ia vmm It P Tatar *****7 JOi —full »Vowc M rati|a*a Otmr JOI »IV'« DmSar«*a 020 JO* *sa*** H.n/.'XX n»nniHin> JM «ii'piii n.VToo; tea Ckar*ar V97 JI7 £V0730 Em Cifrtu 155
        777 words
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        CONTAINER SCHEDULES
        1314 45 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Bootlnt/Minci Kstls SMp Voy Ho Ett/tr Nrtod Fro® To Frw ka «m* tm mm u itmoo wnm wnto i»moo wmm nnm U nHm» 20/04W IWVKZ a wm 20/0*51 >o/»oc 1 20/0700 flVlW M/WOO 20/1200 N/MM iomt "-|1 mum mum S
        1,314 words
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        GLOBAL HOLIDAY
        204 45 NnrM Mexico Nov 22 Lebanon NevM Japan Labour's Thanksgiving Day. Nov 27 United States Thanksgiving Day. nm2B Albania, Iran, Jordan. Kuwait, Panama, UAE Mo* 30 Philippines: Bonifacio Day. D*cl Portugal, Romania Dm 2 UAE Dm 3 UAE Dm 5 Ghana Thailand H.M. The King's Birthday. Dm 6 Finland,
        204 words
      • Article
        COCKETT BUNKER MARKET REPORT
        807 45 THIS report, compiled by Cockett Marine OU Ltd. shows price range* In US dollars In stead of alngie price* for a more comprehensive description of the market Price* shown are baaed on averagestxed stem Market movements are lndicat ed. The Cockett Bunker Price Index change and
        807 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        358 45 art" WO Mu m.) 1.0 17 J 0.10 56 0.04 ■—P PwitT Wotor twHw Art Mi ■Him Mhg No*ow£25 2 0 3 0 0 0 MO Aw 966.4 0.4 13.1 0.07 33 0.02 to" 380 Ha 997.0 0.9 16.7 0.09 91 0.00 mMn Wo ibow 635
        358 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon KLM said to be eyeing low-cost airline market
        204 46 Dutch airline in talks with Martinair and Tr ansa via on entry into budget market Reuters [AMSTERDAM] Dutch airline KLM is considering entering the cut-price carrier market after the move by British Airways to set up its own budget operator, Dutch daily
        Reuters  -  204 words
      • Article
        Lock icon Turbulence ahead for China airline mergers
        367 46 Analysts say smaller, regional carriers may oppose move Reuters [SHANGHAI] China is hoping that mergers will get off the ground and boost efficiency in its aviation sector, but turbulence lies ahead due to opposition from local interests, officials and analysts said on Tuesday. China
        Reuters  -  367 words
      • Article, Illustration
        Lock icon US to allow limited installation of air bag cutoff switches
        347 46 Bloomberg [WASHINGTON] The US Transportation Department announced new rules on Tuesday that will allow some car owners the option of having switches installed to turn off safety air bags. Under the new DOT rules, consumers would have to certify they
        Bloomberg; REUTERS  -  347 words
      • Article, Illustration
        Lock icon Hitching a ride
        84 46 [CAPE CANAVERAL, Florida] The space shuttle Atlantis mated to a Boeing 747f0r a piggyback ridefrom Cape Canaveral to Palmdale, California, for a nine-month, US$7O million refit at a Boeing Company plant. The US$2 billion Atlantis shuttle left Florida on Nov 11, and was held up for three
        REUTERS  -  84 words
      • Article
        Airbus wins US$1.4b order from Sabena
        405 46 Belgian airline's decision seen as major blow to Boeing [SINGAPORE] Airbus Industrie scored a key victory over archrival Boeing Co as Belgium's Sabena SA said it will buy 34 Airbus planes worth about US$l.4 billion (Ss2.2*billion) and eliminate Boeing's jetliners from its fleet by
        405 words
      • Article
        Lock icon US Airways likely to buy East Coast shuttle
        257 46 Bloomberg [ARLINGTON, Virginia] US Airways Group Inc is likely to buy the East Coast shuttle that operates under its name, continuing its expansion following a new labour contract with its pilots, analysts said. The Arlington, Virginiabased airline has until Saturday to say
        Bloomberg  -  257 words
      • Article
        Lock icon Jambi airport reopens after 3 months of haze
        224 46 AFP [JAKARTA] An Indonesian airport closed since the end of August by haze covering much of South-east Asia has reopened, press reports said on Tuesday. The Jakarta Post said an aircraft of the Merpati airline landed at Jambi in central Sumatra on
        AFP  -  224 words
      • Article
        Lock icon New HK airport to cost 5% below budget
        247 46 Bloomberg [HONGKONG] Hongkong's ambitious new airport, now being built on a partly artificial island, will cost HKSISS billion (5531.8 billion), 5.1 per cent less than budgeted in 1992, the territory's government says. Earlier on Tuesday, the Airport Authority also said the new
        Bloomberg  -  247 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1693 46 CITY FU6HT ETA FUBff Q» MM* 0f81 19)0 Of 82 2050 *"M W741 1310 VN740 MX) ***** 2220 WTO IBS A»it*nM« KL843 0550 U.838 2335 TM07 1540 T6408 1645 0L25 0700 U 2355 «»«95 2150 NM96 1815 5025 0700 S026 2355 N«CMMM VM741 1310 $0(72 1005
        1,693 words
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      826 32 J SINGAPORE CALIFORNIA EXPRESS {DIRECT FROM WEST COAST) JOULE KARACHI EXPRESS (OKX) "VBSE Twf I OA* VAN «A |~~U «N VKSft VOT XA MM lAN lAI COl NS SM mvMuntmm mwsai a/it b/h m/ii #i/u u/u owaiiat m •7/11 m/ii lt/u u/n m/u m/ii b/u ■01 WIT 41W544 11/11 IJ/U
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      Page 32 Advertisements Column 2
      555 32 Ljn services represented ffwSaml\ M mbw oi MM/ Accredited Shipping Agents. Sfrow National Shipping Assoc «jk Members ol the |j Singapore Freight Forwarders r Association o ur sai/^ s Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-2089 EXPOBT 3 x Jopon -2 x Hongkong -I x Monti. 1
      555 words
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      1042 33 PAQHC SOUTH WEST EXPRESS (PKKT) ALSO ACCEPTING MANAUS VIA LAX/HOU vesa ypr m awHt ainp nan w» a wrc ai hod w g> HimUHM 01« 17/11 19/11 20/11 85/1? 09/12 10/1? 10/12 12/12 12/12 10/12 11/12 13/1? Him* 0281 24/11 26/11 27/11 12/12 16/12 17/12 17/12 H/12 l«7i?~ 17/12 17/12
      1,042 words
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      Page 33 Advertisements Column 2
      1823 33 0 HANJIN SHIPPING In|Ma I n imnam/wt su i nut on oa wt "tf mm kk I m or hk rvt m m hmomsmbwk n/n b/ii u/u u/u m/u is/u 17/u iy/11 17/n u/n u/11 u/u a/u wiT "i7/u~ ItTiT m/iT IiTTF HBgABMIBI M/ 11 Wll H/ll 11/11 11/11 B/U
      1,823 words
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      Page 33 Advertisements Column 3
      83 33 Apy) ORIENT EXPRESS UNES (U.K.) LIMITED lyigfj, (MANAGER FOR SHREYAS SHIPPING WATTED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE rasa »ot SMMMK lOMMT VBSB VOY KMH smwom SJNARTORA 219 21/11 30/11 SWMARTQ6A 218 12/11 21/11 OOQ ACHIEVER 009 24/11 03/12 OOCI ADMIRAL 008 15/11 24/11 KEDAH 008 28/11 07/12 KEOAH 007 19/11* 28/11
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      1125 34 fiT DSR-SENATOR In Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT Wgk mr an mlwt wv mm nx um vena vor lha fu I htm Imv hah mi CMOVAM MOSCOW WF7M 1111 13.12 14.12 14.12 11.12 1112 1112 CMOYMU WOK.O EE744 *10 27 10 2110 Mil 31.M 2211 CMTMBMK
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      Page 34 Advertisements Column 2
      1194 34 MY LJNE VML ,nt rn#t w b Srt htt P "www.yml.com.tw A* ill ami** o ww l mytuesoat VESSEL VOT LEH FXT HAM AMR HFA SIN MINGGLOfIY 96/A74OE SLO SLD SLO SLD SLD 25/11 6ILBRALTAR BRIDGE 90/A74IE SU) SU) SLD SLD 18/11 02/12 DOVER BRIDGE 96/A742E SLD SLD SLD SLD
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      Page 34 Advertisements Column 3
      563 34 UNI V TIL! MXi 2191*37 1 MUARA LABUAN vissa vot no iu vissa vor no m SrOt! MUAtA SfOtf UN jfoosfb vjti/»7 20/11 a/11 jfoosfb yvi/v io/n k/ii «*too*T w*/»; 25/11 20/11 tmoum ts/u 20/11 jifoosfh vw/»7 20/11 «/w irtosret v2*/»7 20/11 m/ii ATM cum V3M/V7 04/11 07/11 MtGUXT V*/»7
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      1361 35 [VESSEL VOY sin BKK POU PKO PCN BLW SUR IBA I BOC IRAN MEEZAN PJL-1281 11/11 28/11 24/11 IRAN TEYFOURI PJL-1260 15/11 24/11 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. A2ARBAIJAN, ARMENIA, KAZAKHSTAN, UZBEKISTAN. TURKMENISTAN, KIRGISTAN, TADZHIKISTAN GEORGIA VIA B. ABBAS, BIK AGENT IN SINGAPORE AGENT
      1,361 words
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      Page 35 Advertisements Column 2
      1231 35 I OMI'IIINI HOI I INI I RufILSUU i TIL *****35 MM T i l.\ ft Ya YaY JM* AfMLW.'. I]m\l I J. 1 l"C£0 >1 f} IK l l.'. SINGAPORE'S GfMERAI AG£MTS: 6 SHEMTOHWAY T1L226W0 FAxT*****0« (XHWAMfI/l^^^JosJoTTjSoffo^ COSTAR SHIPPING PTE LTD #17-01 ns HOG uus/ngs *****41/43 inward DCFT (D/o) 4205/85
      1,231 words
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      Page 35 Advertisements Column 3
      574 35 EASTERN CAR LINER, LTD. 'riSS.'r II fc 1 Eg (SINGAPORE) IT! LTD £Z2ZL SPtOAIiZI IN ROUP t HEAVY UFT UPTO 122 TOWS Ea (SMfiAPOtf) FT! UO LOADING FOR JAKARTA LAEMCHABANG/BANGKOK MV "CHI FENG KOU" V.IBA MV AZU v i. FIA SIN 23/11 /97 jiwiia AAVI ETA JKT 25/11/97 ETA SIN
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      Page 36 Advertisements Column 1
      842 36 ISP ROM MNf HM THP ZEE LHV LMV W DM Ml HN NL UP i. REWARO RW-020 22/11 11/12 I*l2 12/12 14/12 IVI2 10/12 E. GALLANT RE-003 27/10 2VII 2S/1I I*ll n/11 2*ll I. RIGHT RW-OJI 20/11 11/12 23/12 10/12 21/12 22/12 23/12 E GROUP RE-000 00/11 H/11 >1/11 02/12
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      Page 36 Advertisements Column 2
      1064 36 IBPWT VtSSE VOTAG! SfiP IN II WW Ml INI 111 VCSfi VOTASI 0« MA AM DM MM SOT I MCOUW MOWK7W 27/11 07/11 V/ 12 01/1? 10/1? 1002 10/1? IMMCAD 0471-00?* of/ll Of/I I 11/11 11/11 12/11 24/11 immgb ommotv 002 IVI2 ivi?ls/12 14/1? 17/12 17/12 17/12 imaccooo mkm»k 14/11
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      Page 36 Advertisements Column 3
      394 36 NANTAI LINE FUIIY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vtssa VOT I an fill DM cw I i/ur ftoipei mugo«i wis H/11 n/i? m/u 12/1? m? mmmxßS oiis 01/12 is/i? n/i? wmuiQutßi 02<s turn 15/12 n/12 h/» QUfUMUM 00K IVI? 2t/12 31/1? miiui paeon ocas lyi? w/» 02/01 mi m/%\
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      Page 37 Advertisements Column 1
      675 37 M MYANMA wHBk FIVE STAR LINE (My on war National Um) Loading for Yoiifoi (R*****a) vtssa vor sm pig pen m MON6 U IW IN PT SU> HN AN 23* m pt ■AIATSIA AfitNTV KXfSTIAD SMPPMG AGENCIES KUL IH 02-43-*****00 PKL TU 02-03-*****01 PBt TH 02-04-*****02 PGO; TU 02-07-*****21/4 BANK
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      Page 37 Advertisements Column 2
      1117 37 /.HYUNDAI MERCHANT MARINE CO. lIP. WESTBOUND TO EUROPE BKG: *****32 I*BM *0* pr m I m I ANT I 54M I Ml m NT KKIAI 3NW 24/11 11/12 12/12 14/12 14/12 14/12 ITTu NT ADMOAI 3IOW 01/12 11/12 19/12 21/12 21/12 21/12 24/12 NT MGHNfSS JO4W N/12 25/12 24/12 20/12
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      Page 37 Advertisements Column 3
      621 37 FAMOUS CONTAINER UNES J IBS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 g/ HOT LINE: *****33 (30 UNES) WEB PA6E ADDRESS: www.tamsln.coiii.sg E-MAi. ADDRESS: MMft@fMstft.com.sg DAILY SAILING TO Hf arm ATTRACTIVE RATES! CALL IVY FOR BOOKING *****33 P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH:
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      Page 38 Advertisements Column 1
      935 38 MAHOKOK/LAIM CHAIAHO JAK AWTA/PAMJANtt VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN MATHU BHUM 3S2NB In pT 23/11 XETHA BHUM 2188 ~~inPt 22/11 DAWU BHUM 018N 21/11 28/11 XETHA BHUM 21S8B 21/11 22/11 OANU BHUM 016NB 22/11 28/11 ANAN BHUM >48 22/11 28/11 YANTRA BHUM" 21SN 23/11 28/11
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      Page 38 Advertisements Column 2
      463 38 I PUL INTERNATIONAL UNE I POL INTERNATIONAL I'Mffili I ll* II I s hi flumflffrnwrtw >• yu vo I V I m 'ml NUUXJN SJUIU 98 I ft/H I lON I 44/TIITHJ I W/l?I C -"T| I Ummiiii I 'Mi ai/iiT i I 41 ATI M Iwnl I BMmSIBb Sf
      463 words
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      Page 38 Advertisements Column 3
      722 38 ACCORD A SHIPPINQ PTE LTD Til 564J11J (40 Linai) fAX i M ***** POM BAM fftJJ M 7 Ittl m M O®«CT ACCESS TH.: *****5S (CXPOST SOOKMO) AUOT MUK (S7)SSIIVT *****34 (SXFOOT DOC), *****39 (IMFOOT) fSUM (H)*****4» iMtfU (]11*40»7/l VAA/ msm ~Potx m siw poit ha sm pott cta $iw
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      400 39 INDONESIA NATIONAL LINE TO EUROPE 1 EXPRESS m HOT I S PORE lA OAM/R DAM IH lURG MEMEN ANTWERP A.VESSEL 41 Wl jiyifclMa »/»1 I OMIT 17/tT" TO AUSTRALIA 1 FULL COMTAMER SERVICE wl Iwrr War w w w a a> a hi nam |*gs wii a/ii I*l2 11 |tw
      400 words
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      Page 39 Advertisements Column 2
      967 39 ADVANCE CONTAINER LINES (PTE) LTD A I 140 C cU 9trwt <n2 Pit- Building, Singapore *****0 LaiZ TEL: *****21, FAX: *****1#, TELEX :RS ***** ACLPL —CR NO. **********0E OPERATIONS: *****80 *****06 BANGKOK JAKARTA '^T'T's* —r"ia VESSEL VOY SM IKK Y9l -QiSi- a/n s. IS7T TyT S!! 5/i! KOIA BERKAJ 8KT265
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      Page 39 Advertisements Column 3
      744 39 |\«66EL6 W fWN I JED I P6D I LBI I HAM HTM I IMP I*— *LLE PC M—OBA V22W 23/11 02/12 OVI2 11/12 12/12 W2 13/12 16/12 WLLE DC CAPBJ-A T23W oa/12 12T12 IVI2 2P12 23/12 25/12 17/12 MU£D'AOUAMU6 Ug3M 08/12 17/12 M/ 12 25/12 27/12 2*12 Wl2 ""31/12 MLLEDETAUWUB
      744 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      50 42 To retrieve more schedules, just follow these simple steps... document P M) ial 740-6000 tep be faxed Jf M the port your Step key in the four fr number Jp digit code Key in your Example: r-JL, fax number To NEW YORK (NYC) 2275 for calls within Singapore United States
      50 words
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      360 44 SINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE pS NO TRANS I S—" J S (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 SINOEX yQlyf SINOTRANS SNAN6NAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI JNFU 9756 2]/n 26/n 30/11 iQfIUMU 9722 28/11 03/12 07/12 JNYU 9756 05/12
      360 words
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      Page 44 Advertisements Column 2
      205 44 uv/\=J ssfsssr isu RJgAWOjaBMMPT JKT!g1)««(S»Sl5t%l)»W < |MIWO MffiOD I USA/JAPAN MV "ZIM HAIFA" V.9BW MV "HJ CHUNGMU" VI6IE ETA SIN: 25-11-97 ETA SIN: 24-11 -97 ROTTERDAM/HAMBURG AUCKLAND MV "CHOYANG ARK" VOO2W MV "NYK PROVIDENCE" V.O2S ETA SIN: 24-11-97 ETA SIN: 29-11-97 FRimNHI pusAM MV "BUNGA KENARI" V3Bl MV "HYUNDAI HIGHNESS"
      205 words
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      Page 44 Advertisements Column 3
      107 44 tS'porß 2/12 I *ORTXJNE 2BHI NvVRdnVAIM/BnWUK I InrtnnwH J CENTAURUS I IGORGOS Dubai/Bahram/DammafVKuwwt I I mjNE I I MAI Ader/Hooetdafv Jedctalv Aoa&a/Eoyt* I AKARTHOS CKjbai/Ajyiabi/Bahn*vT>anvnan/Kuwtft I 1 To«d» Singapore, EJW. frrrtmn** I I OCEAN EVER *-rr''i"fnn I NorWMCanxtan I HANDYRJVER 1 nn—n'rtii—iut' I I Nortofc/Onxton I 2<«j33iOndonwig__ J V LOAttNGFORI
      107 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      130 45 LEGEND: R Thunderstorm Temperoture c X\ Shower Weother Wind direction with speed m knots •e Rom V_X Cloudy Sky ov h flh Surface winds ore mdicoted by orrows which Hy with the wind O One full circle represents colm or hght ond vonable winds J One half Heche represents 5
      130 words
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