The Business Times, 5 December 1997

Microfilm: NL21061
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 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, DECEMBER 5,1997
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  • Article
    MARKET SUMMARY
    45 1 JSI9NJ3(+S.»4) nFM&37<49O) Ambush-no) B8SU) MAKETMOOD: i JSHOGK MARKET HD1CES yeooep Tha >^S NHBH -1UH7I -t7*71 RAH0 Wtm tl,47iM +WM JAKAJtTA COUP _#ud:H5 MANILA COMP _UNUI >7.« tuph WFI SBOULOOMP .4*81 +*W CLBA CHINA B —ljMM >11* AU8TAlLO»__Ui« »J tSMHT Cta* BOW JLWU7 >7111
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  • Article
    FINANCE
    52 1 pXCBADGE BATES cw s> uss—^mi S UM 1711 Ml- IW OlO TCNI» 1774 LM7 m im,v; «.«7 m am un BAKT. MM um HJPfAH f« UB M4I fBOBXAm flWMI«T MM HJALAUWTOE 9M JAKARTA I8J0 IAMBQK„ 11* AH 8YWKT-1 LH TOKYO U» jflWL 1171 HMiwwr- 4. so fZwpIfttlw* -Ht" (Source:
    52 words
  • Article, Illustration
    Lock icon SM Lee airs frustrations over Suzhou project
    897 1  -  Remarks are first public iftflkatfon from HTpore side that all is not weD with project By. Loh Hui Yin in Wuxi SENIOR Minister Lee Kuan Yew has issued a blunt message to the authorities in Suzhou: Decide which industrial estate they want to
    ZAOBAO  -  897 words
  • Article
    S'pore's general insurers take on foreign giants
    490 1  -  Bat affiance wont reauce competition on lmnegrocnd, they ay By Soh Tiang Keng [SINGAPORE] In a historic move, all 12 local general insurance firms in Singapore have come together to form a strategic alliance to compete against foreign mega-insurers operating in Singapore. Called
    490 words
  • Article, Illustration
    Lock icon Seoul stocks soar 7% on IMF deal, but analysts not optimistic
    755 1  -  By, Jennifer Veale in Seoul SOUTH Korea's withering stock market took heart yesterday from the IMF-led bailout loan package which yesterday swelled to US$57 billion (5191.8 billion) with additional funds from Italy, but analysts warned the relief may be
    Source: Bloomberg  -  755 words
  • Article
    Used-car prices hammered
    470 1  -  Dealers blame soft COEs, peer sentiment, corrency crisis By i Christopher Tan [SINGAPORE] Used-car values, especially those of bigger models, hsve plummeted in the last two months and may foil farther this month. A random check with dealers yesterday revealed that offer prices had fallen by roughly
    470 words
  • Article
    Lock icon 10 big Thai firms told to sell $ for baht
    340 1 10 big Thai firms told to sell for baht AFP [BANGKOK] Thailand's central bank has asked 10 leading local companies to convert their US dollars into baht to prevent further weakening of the local currency, the Nation newspaper reported yesterday. The Bank of Thailand met executives from the companies on
    AFP  -  340 words
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      115 1 i WHIPS tripwtvf glut The government's latest not Intended to hold up property prices but rather to reduce the oversupply in the private housing market, Labour Minister Lee Boon Yang said yesterday, rgs India's President K R Narayanan dissolved the Lower House of I Parliament yesterday and ordered (beeh elections,
      115 words
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      Page 1 Advertisements Column 2
      51 1 ThehnrinwtfVjr It's an inescapable ritual that seems to come by sooner every year. But, not to worry, we have the whole scene covered from creative corporate y gift ideas to fancy catering to finding that special something for the person who has everything. Christmas "97 free with The BoAm flaw
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      185 1 I liDEuyfs Pigitt «The finest watch in the world WILL ONLY BE WORN BY EXCEPTIONAL PEOPLE.» Hgtde Piput, UTS. Gany Kasparov is the AudemarsPigua M ambassador because he 100 strives for exceflence. even for a genius, absolute technical mastery requires hard worit. When victory is vtf&ki his grasp he puts
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  • SINGAPORE AT HOME & ABROAD
    • Article
      No major cuts in bonuses despite turmoil: analysts
      590 2  -  Companies said to be feeing high staff turnover and thortage of skills By Benjamin Tan THE grey economic outlook notwithstanding, there will not be major cuts in this year's tonuses as companies remain hard-pressed to retain staff, analysts say. f-- A survey
      590 words
    • Article, Illustration
      Lock icon Commerce sector upbeat on Q4
      311 2  -  EYE ON THE ECONOMY Outlook By I Carol Eng APART from the real estate industry, the commerce and services sector is fairly upbeat about business prospects in the six months to March 1998, according to the Department of Statistics' latest expectations survey. Sentiment is particularly
      Source: Dept of Statistics  -  311 words
    • Article
      Telecom grouping's submarine cable vessel in service in Jan
      262 2  -  By] David Boey TELECOMMUNICATIONS cables on the region's seabed will receive more timely attention in the event of faults once the International Cableship Pte Ltd's newest vessel, CS Cable Retriever, starts operations next month. ICPL's two cableships will jointly maintain 60,000
      262 words
    • Article
      AST cuts 1,120 jobs but S'pore not hit yet
      425 3  -  Labour cats represent 37% of its global workforce By Raju Chellam THE Singapore operations of US-based AST Research Inc have escaped unscathed the huge job cuts which the personal computer maker announced yesterday. It is axing 1,120 jobs, or as much
      425 words
    • Article
      Corrections & clarifications
      79 3 Corrections clarifications IN our article yesterday "En bloc sales: the key questions", we wrongly included the last paragraph under the heading "What about 'old' titles?" which the author had requested be deleted. The correct position is that under existing laws, a quorum of not less than 25 per cent is
      79 words
    • Article
      Govt acted to plug property glut: Boon Yang
      281 3  -  Last month's policy changes not meant to hold np prices Reportsby Diana Oon THE government's latest property measures were not intended to hold up property prices but rather to reduce the oversupply in the private housing market, Labour Minister Lee Boon Yang
      281 words
    • Article
      Maysprings draws some buyers
      145 3 MAINBOARD-LISTED First Capital Corporation has had "some buyers" for its relaunched Maysprings project, general manager Albert Au told reporters yesterday at the Real Estate Developers' Association of Singapore anniversary dinner. He would not say how many units had been bought since the project was reoffered at
      145 words
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      34 2 at the SPECTACULAR Bally year-end SALE 4 <* From sth 14th December 1997 at Suntec City Mall #01-017/-019/021 (Gallerla Section) from 11 am to 9pm A SALE YOU MUST NOT MISSI BALLY SWITZERLAND SINCE 1851
      34 words
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      Page 2 Advertisements Column 2
      139 2 Sound Perfecti||ni Incredible Sound now comes with a tourney golf umbrella or a collectable PLUS an attractive discount with the it Ik. Enjoy your journey to the utmost with Philips* incredible SOUND button a Digital Sound Processor -DSPj that ets you different ways CLASSIC. lAZZ ROCK. POP. VOCAL; FLAT and
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  • Page 3 Advertisements
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      148 3 Why do so many affluent and financially successful people introduce their friends to Breakthrough Agency and its Associates? Have you heard of /oline Toh from The Breakthrough Agency? We represent AIA, the No. 1 Life Insurance Company in this part of the world. Hopefully, someone you know will give your
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      115 words
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  • FOCUS
    • Article, Illustration
      Asian success was no mirage
      2500 4 With realistic economic policies, the region can survive the current crisis and emerge stronger than before, says IMF chief International Monetary Fund chief Michel Camdessus spoke to South-east Asian business leaders in Kuala Lumpur this week. We publish here extractsof his speech. THE crisis that
      2,500 words
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      45 4 JOHOR BAHRUappgi FfICTORYFOR SALE Pf3j3 f v.. J t *1 BUILT-IN AREA 100.000FT 2 Uj.-H.J, j, u**ti -r-ii—iswb!s w.- :«i tv r Jfc-. p «r> r i; I I TARGET COMPLETION DATE: Registration No.: S9/KMM6/04/94 (Pelsn bil IA-1J) DECEMBER 1997 CALL 745 4111 ex* 27
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      19 4 I aum an education institution. The Straits Times Classified ismy course to success. CATS 1800-737-1166 Call Today FaResults Tomorrow.
      19 words
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      20 4 '(////i/w/u //w Sett Limited lulition ('oltcction h\ /■'nmli.wk Jmuik —-fish Si ul/Uurc.s (tvaildhU' in 6 colour.v .i jifji' r;;i*aj#r£ ~v-
      20 words
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  • MARKETS IN TURMOIL
    • Article
      Lock icon Japanese turn to foreign currency funds
      365 5 Reuters [TOKYO] Japanese private investors are flocking into foreign currency-based instruments as public confidence in the domestic financial sector wanes, underwriters said yesterday. Individuals were already showing interest in putting their winter bonuses into foreign currency money management ftinds (MMFs), a type of short-term
      Reuters  -  365 words
    • Article
      Lock icon Asian crisis starts to show in US data: Fed
      376 5 But impact so far baa been small, its survey reveals LATWP [WASHINGTON] The financial turmoil in several Asian countries has begun to have a direct impact on the US economy in the form of reduced orders for manufactured goods and agricultural
      LATWP  -  376 words
    • Article, Illustration
      Lock icon KLCI soars 5%; RM slides further
      738 5  -  Brokers say rally in stocks may be just year-end prop-up by institutions By] Meera Tharmaratnam in Kuala Lumpur MALAYSIA'S benchmark index rose as much as 5 per cent to 575 points yesterday, but brokers said this could be part of the traditional year-end window-dressing
      Source: Bloomberg  -  738 words
    • Article, Illustration
      Lock icon Camdessus warns against expecting 'miracle' recovery from IMF aid
      650 5  -  From, Anthony Rowley in Tokyo INTERNATIONAL Monetary Fund managing director Michel Camdessus last night warned those Asian countries that have been plunged into financial and economic crisis that their acceptance of IMF adjustment programmes is just a "start". They still need
      AFP  -  650 words
    • Article
      HK property slump claims 1st casualty
      463 6 Good Fortune first agency to go bust since real estate prices started sliding [HONGKONG] Hongkong's property market slump claimed its first major casualty yesterday when a real estate agency went bankrupt and threw more than 200 people out of work. Although the slump has
      463 words
    • Article
      Lock icon SET to make mergers easier
      292 6 Move to encourage crippled finance houses to merge AFP [BANGKOK] Stock Exchange of Thailand (SET) said yesterday it would change rules to encourage mergers among nearly half of the 58 Thai finance houses which have been suspended from business. The SET said it would relax
      AFP  -  292 words
    • Article
      Lock icon German bank makes late bid for Finance One
      336 6 FT Bloomberg AFP [BANGKOK] Westdeutsche Landesbank, Germany's biggest public sector bank, is making a last-minute attempt to take over Finance One, Thailand's largest suspended finance company which may be liquidated by the Thai government on Monday. The WestLß bid is a response
      FT; Bloomberg; AFP  -  336 words
    • Article, Illustration
      Lock icon World needs to react faster to crises, says Rubin
      311 6 Bloomberg [SANTIAGO] The international community needs to do a better job preventing the kind of crisis that now grips Asia and react more quickly when they happen, US Treasury Secretary Robert Rubin said. In a speech to be delivered hours after
      Bloomberg  -  311 words
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      76 5 customers afM j < xxxx your sign- jglp choice of *^>er. fftg lift Universal International c f Freephone Number any us at new you can e-mail us' at",sHiliiß 4^^ j|§| an ***** |]|ilb|iiii i it dedi-|- the company's use. Which one call. *i| an easy-to- l&;jy 1;^ remember number for'
      76 words
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  • SOUTH-EAST ASIA
    • Article
      Foreign brokers in Manila sack staff to cut costs
      354 7  -  MANILA Stamp in trading forces securities firms to downsize, shift to retail clients By, Al Labita THE slump in share trading sparked by the currency turmoil has forced some foreign brokers here to sack their staff to cut costs and survive.
      354 words
    • Article
      Lock icon Suharto ordered use of funds: minister
      276 7 JAKARTA AFP MANPOWER Minister Abdul Latief said yesterday that a much-criticised move to use fUnds from a state firm to finance the passage of a labour law had been ordered by President Suharto himself. "The instructions given to me by the president was to
      AFP  -  276 words
    • Article
      Lock icon US$3b Thai bridge project to go on: Dr M
      119 7 KUALA LUMPUR Reuters MALAYSIA will build a US$3 billion (Ss4.B billion) bridge linking it with Thailand despite the Malaysian ringgit's sharp fall, Prime Minister Mahathir Mohamad was quoted as saying by Bernama yesterday. Speaking at a maritime conference in Langkawi, he
      Reuters  -  119 words
    • Article, Illustration
      Lock icon A royal birthday
      44 7 [BANGKOK] Thai soldiers marching past a giant portrait of King Bhumibol Adulyadej during the trooping of colours ceremony to celebrate the king's birthday in Bangkok on Wednesday. King Bhumibol, who will turn 70 today, is the world's longest serving monarch. REUTERS
      REUTERS  -  44 words
    • Article
      Lock icon Crisis ups S-EA production costs by 15%: M'sia
      250 7 KUALA LUMPUR AFP SOUTH-EAST Asia's currency crisis has driven production costs up by an estimated 15 per cent, Malaysia's Deputy Finance Minister Affifudin Omar said yesterday at a business conference. "In bad times, weaknesses and defects in the system will come to
      AFP  -  250 words
    • Article
      Lock icon New oil firms in Philippines sit idle after court ruling
      303 7 MANILA Players say they have to stop ops with deregulation law declared illegal Reuters NEW players in the Philippine oil market said yesterday they are curtailing their operations and new investment due to the Supreme Court's affirmation of its ruling
      Reuters  -  303 words
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  • CHINA
    • Article, Illustration
      Lock icon China well aware of banking woes: Rubin
      365 8 SANTIAGO He'iinpraNdliy grasp of situation and its strategy to tackle it Reuters US TREASURY Secretary Robert Rubin cm Wednesday said China was "acutely aware" of its banking sector problems and that Chinese authorities seemed to have a strategy to work through them. In
      Reuters  -  365 words
    • Article
      Lock icon A more transparent PBOC?
      112 8 SHANGHAI AFP THE People's Bank of China is to make public both within the country and overseas, information at present circulated within the banking system, a newspaper reported yesterday. Information on monetary policies, regulations, decisions, and financial statistics would be published by the National News Publishing
      AFP  -  112 words
    • Article
      Lock icon Hongkong sees need for land, wage costs to fall
      334 8 UHONGKONG HKMA rule* out devaluation to fight competition AFX-Asia HONGKONG Monetary Authority deputy chief executive Norman Chan said land and wage coats must decline further if Hongkong's competitiveness is to be restored. "Clearly, I appreciate that Hongkong's manufacturers will be facing
      AFX-Asia  -  334 words
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      188 8 V« i^lt^Sj J y 3 > Y »V *J* 'frjfc^BWj HHH HMfi^^nKl 1 v B y||B I !IbhS|v .V/ ># P f fIBR f ;raß I Bpl| S* sii 1 h £lllSv M^BI I S ISBPII a k9Hhi Tidal I s m WM p HS»*w il 9te v -|J v
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  • ASIA
    • Article
      Lock icon Foreign funds pull US$150m out of India
      396 9 BOMBAY Potitical crisis threatens to derail country's economic recovery, economists AFP Reuter OVERSEAS investors have withdrawn around US$l5O million (*****.6 million) from Indian stock markets during the current political crisis, the markets regulator said. The Securities and Exchange Board of India (Sebi) said
      AFP; Reuter  -  396 words
    • Article
      Lock icon Critics dismiss Japan's plan to streamline govt
      313 9 TOKYO It's Band-Aid instead of surgery that is required, says analyst LATWP TO a chorus of criticism and yawns, Prime Minister Ryutaro Hashimoto's blue-ribbon committee on Wednesday unveiled its long-awaited plan to streamline Japan's unwieldy government bureaucracy. The Japanese have been talking for
      LATWP  -  313 words
    • Article
      Lock icon Aussies no longer Asia's poor cousins: Howard
      172 9 CANBERRA AFP AUSTRALIA is no longer Asia's poor relation, because the South-east Asian currency crisis has shifted the balance of power, Australian Prime Minister John Howard said yesterday. "We are no longer seen as some kind of anxious outsider clamouring to be a
      AFP  -  172 words
    • Article, Illustration
      Indian Lower House dissolved, fresh polls ordered
      385 9  -  NEW DELHI By Rajedra Bajpai AS expected, India's President K R Narayanan dissolved the Lower House of Parliament yesterday and ordered fresh elections, likely to be held in late February and early March. The dissolution has temporarily ended political uncertainty, but a big
      385 words
    • Article
      Lock icon Australia sees high growth for 1998/99
      218 9 CANBERRA Bloomberg AUSTRALIAN Treasurer Peter Costello said the country's current high rate of growth can be maintained into 1996 and 1999. "This is a my high-growth economy," Mr Costello told reporters. "This is probably the fastest growing economy in the developed world at the
      Bloomberg  -  218 words
  • Page 9 Advertisements
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      98 9 100% pure Titanium. The lightest frames in the worldOnly from Seiko. Introducing the most advanced material technology even With Seiko's advanced and hypo-allergenic. material technology, 100% Uncompromising standards pure Titanium frames from the name you now a reality. Feather trust. Seiko 100% pure extremely Titanium frames. There's no other frame
      98 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Time running out for financial services pact, WTO chief warns
      503 11 GENEVA Dec 12 deadline looms and still no complete picture Of tfaft parkaga Reuters WORLD Trade Organisation (WTO) chief Renato Ruggiero, with key emerging economies clearly in mind, warned on Wednesday that time was running out for a deal to
      Reuters  -  503 words
    • Article
      Lock icon Bundesbank leaves rates unchanged
      182 11 FRANKFURT Bloomberg THE Bundesbank left its full set of interest rates unchanged, as expected, amid expectations the central bank won't want to stamp on the first buds of growing investment in Germany. The German central bank left its floor discount rate unchanged at 2.50 per cent
      Bloomberg  -  182 words
    • Article
      Lock icon Russia scrambling for cash
      305 11 MOSCOW Reuters THE Russian government, in the throes of a deepening financial crisis, is scrambling for cash including bank funding of up to US$2 billion (553.2 billion) and additional help from the IMF, Western banking sources said on Wednesday. To avoid the political fallout of failing
      Reuters  -  305 words
    • Article, Illustration
      Sport and the lure of mammon
      857 12  -  HUROPEAJT VIEW The beef about tobacco sponsorships and getting mega-buck ads at sporting events By Kevin Sullivan THE juxtaposition of sport and money is as old as the hills. It was the custom in ancient times to make gambling an adjunct of chariofracing, discus-throwing,
      857 words
    • WORLD Watch
      • Article
        Lock icon Strike paralyses Israel
        67 12 AFP [JERUSALEM] Some 700,000 public sector employees pursued Israel's biggest strike in years for a second day yesterday, defying a back-to-work court order and appeals from the government. The strike paralysed Israel's International airport, seaport and rail system while government offices were closed and essential public services
        AFP  -  67 words
      • Article
        Lock icon EC penalties on illegal cartels
        70 12 Reuters [BRUSSELS] The European Commiasion, the European Union's antitrust watchdog, said on Wednesday that firms found guilty of operating niopi cartels particularly damaging for the EU would risk fines of more than 20 million ECUs (S$96 million). In a policy document aimed at clarifying the
        Reuters  -  70 words
      • Article
        Lock icon 23t raubles to fight Russian crime
        73 12 AFP [MOSCOW] The Russian government yesterday approved a major programme to step up the battle against crime, Itar-Tass said. Interior Minister Anatoly Kulikov said that over the next three years the government would allocate 23 trillion roubles (516 J billion) to stem the rise
        AFP  -  73 words
      • Article
        Lock icon Mexico calls for anti-crime crusade
        82 12 AFP [MEXICO CITY] Mexican President Ernesto Zedillo called for a "national crusade" against crime and promised constitutional reforms to stem corruption and Impunity and to toughen sentencing. "Enough is enough," Mr Zedillo said in a broadcast on Wednesday, four days after thousands bfpeopis Marched in
        AFP  -  82 words
    • Article
      Lock icon No inflation, but turmoil slowing exports: Fed
      391 12 WASHINGTON Bloomberg INFLATION remained absent from the US economy in recent weeks while a financial crisis in Asia is starting to slow the demand for US exports, the Federal Reserve said on Wednesday. "Business respondents report that price pressures remain neutral, on balance,
      Bloomberg  -  391 words
    • Article
      Lock icon Europe's growth seen outpacing US'
      244 12 FRANKFURT Reuters US INVESTMENT bank Salomon Brothers said in a report published yesterday it sees nearly ideal economic conditions in Europe with growth outpacing even the powerful American economy. Salomon said Europe's economy will grow above trend over the next few years, without risk of
      Reuters  -  244 words
  • Page 11 Advertisements
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      532 11 BUSINESS Notices To advertise call toll-free 1800-741 1883 M THE MATTER Of THE COMPANIES ACT, CAP. 50 ANO M THE MATTER OF SERENE INVESTMENTS PTE LTD (>1 Maadwa' Vuttwf; Wlmliig Up) SPECIAL RESOLUTIONS PASSED ON STH DAY OF NOVEMBER 1997 Al an Extraordinary General Mealing of ttie Company held at
      532 words
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      511 11 IN THE MATTES OF THE COMPANIES ACT, CAP. 99 AND IN THE MATTER OF HIGH GLORY INTERNATIONAL PTE LTD (ieMiialm'V li ilnj liqMddtea) At the Extiaonlamy General Meeting of the company held on let December, 1997 at 20 Maxwell Road. #08-12 Maxwell Houie. Singapore *****3, toe following <>|wrta| Resolution was
      511 words
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      363 11 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF HO ANN CO. PTE. LTD. (Incorporated hi the Republic of Singapore) (In Liquidationi (Mothers' Voluntary Wlndbtg-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 10 Anton Road #27-14 International Ptaza
      363 words
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      169 11 IN THE MATTER OP THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF DELSIE W VESTMENTS PTE LTD (In Members' Vokr**ry Liquidation) NOTICE OF FINAL MEETMQ NOTICE IS HEREBY GIVEN that pursuant lo Mm 306 of the Companiea Act, Cap. 50, toe Pinal Meeting of the members of the
      169 words
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      Page 11 Advertisements Column 5
      110 11 i a.testoni HILTON HOTEL SHOPPING GALLERY MANDARIN HOTEL SHOPPING ARCADE RAFFLES HOTEL ARCADE BOLOGNA MILANO ROMA PARIS NEW YORK BEVERDf HILLS HONOLULU TOKYO OSAKA YOKOHAMA NAGOYA KYOTO VARA HIROSHIMA SEOUL PUSAV CHFJI BEIJING TAIFEI TAICHUNG -KAOSIUNG HONG KONG SINGAPORE JAKARTA SURABAYA BANGKOK Buy It. Sell It. Find It. Classified. f&
      110 words
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  • Page 12 Advertisements
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      154 12 I Now in Singapore: Laauser Design exclusively presents the The German furniture brand stands for new Musterring collection. The complete furnishing concepts International design "of Mustening provide a wide range of modem contemporary 0 8 upholstered fumiture and a complementary selection of wood 3-years warranty furniture for your individual home!
      154 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Recovery just a question of behaviour
      746 13  -  THE BOfTOKUIR OPINION By Pote Videt The writer, who contributed this comment to BT, is managing director of Credit Suisse First Boston (Singapore). He was briefly Deputy Commerce Minister in the last Thai government INVESTORS and analysts worldwide have been inquiring for the past
      746 words
    • Article
      IN OTHER WORDS
      97 13 'We are judged on what clothes we have, what trainers we wear, and that's why we are so materialistic. But it makes us realise that you have got to earn enough money so that you can go and buy what you want' -Gillian Meade a 15-year old
      97 words
    • Article
      Seoul turns to IMF with remorse
      620 13 EDITORIAL "W" stand before you today I with the deepest feeling of I regret/ With these words M Lim Chang Yuel, South Korea's Minister of Finance and Economy, ruefully announced that agreement had been reached with the International Monetary Fund on the biggest country
      620 words
    • Article, Illustration
      Lock icon IT looks beyond 2000
      1107 13  -  A recent conference on the local IT industry may have marked a watershed in government, industry relations By Kenneth James The writer is BT's technology editor NATIONAL Computer Board (NCB) chief executive Stephen Yeo knew he was treading on sensitive ground. "I'm prepared to be lynched,"
      FILE PHOTO; Source: Singapore IT industry survey '97  -  1,107 words
    • Article
      WHAT THE OTHERS SAY
      873 13 AFTER months of rolling financial crisis, Asia may now be within reach of a breathing space in which to consider the causes of the turmoil and how best to prevent a reoccurrence. Certainly, the climate has changed since the shock waves from Thailand spread across the
      873 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      44 13 DOOMESBURY By Garry Trudeau SO HAS G/NNY ~l LONG OVCRPUZ< RACIAL SETBeZNTAIKJNG 1 W OH, PIEASC-, MR. MfHORTTY MY SECRET M YOUREAROFF TX)YOU PGR RESENTMENTANPRO& I SMALL BU9NES& LOAN I BATTER RBCIfE' ABOUT THE PSATH \HOtOPO YOU THINK YOU J I AM?A LOT OF
      44 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Thought-provoking installations
      580 14  -  Exhibition challenges one's perception of art, says mm mumkoe BEN MUNROE ONE visitor to the current exhibition of Flemish contemporary art at LaSalle was heard to murmur that he felt like a confUsed cat in a strange warehouse. His dilemma sprang from the eclectic variety of art forms
      SIEW YAW HOONG  -  580 words
    • Article, Illustration
      Lock icon Lin Hsin Hsin's art of painting with a mouse
      476 14  -  ART Show explores unique possibilities offered by the digital medium BYI David Mok WHY "paint" on a computer, a device normally considered cold and sterile, when you could use the traditional and expressive tools of brush and canvas? Ask that question
      SIEW YAW HOONG  -  476 words
  • Page 14 Advertisements
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      297 14 Hie Buameaa Timea/Johnnie Walker Golf dime Friday 28 November 1997 Orchid Country dub TOP PRIZES Fly Business Class to Phuket, Thailand to enjoy a 6D/SN stay to attend the 1998 Johnnie Walker Classic, plus an imitation to the tournament Gala Dinner Donald Tan *****03 F JJ Tessensohn *****21 H CONSOLATION
      297 words
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      885 15 Pi mm ia (fati "TKem'l It ia Suty Cliuifid tkit flßSeSSfie Where to wine, dine and entertain... ll^ ==^^^^=s=g==^= ==g= Wkat better way to celebrate great week than Sunday Branch at The Cafe-in-The- Rirb? Enjoy the fiueit branch and lervice at only $28* I per adult (only $14* lor the
      885 words
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      Page 15 Advertisements Column 2
      196 15 Spices of Sichuan ill > 3 -"-*n u I From 3-14 December 1997. rAyj /Ji savour cuisine from this province I specially prepared by two specialty chefs from Lai Lai Sheraton. Taipei. loin us as we bring you the best in j, Sichuan Cuisine served in the jf" exquisite setting
      196 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      787 15 TV&RADIO Premiere 10 samy. 7.00 Amali Thumali. 1 1030 News 5 Tonight 730 Tamil Seithi (News) (T). 2.00 PM TV Innovations. 11.00 Business Day. 830 Berita 12. 230 The Winners. m 5 Friday Supper Treat 830 Seniwati. 3.00 Money. Money Money (See Our Choice). «30 Titian Berduri. 'WT jk (Business
      787 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      181 15 CRYPTIC CROSSWORD 28 Last to finish way after the medico (7) 8 A point little 'X' made to ap- YESTERDAYS SOLUTION DOWN pease (7) 14 Taking issue about one mem- IHfJIPB 1 Being ill-bred, one dressed ber allowed dope (9) ip(7) 15 a meeting of continental BvfflAnßdßvffSßvra^B 2 A show
      181 words
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  • ASIA'S CORPORATE LEADERS
    • Article, Illustration
      Lock icon Transformation of a computer nerd
      1516 16  -  Indian BPL's new initiatives in telecoms and power are very much the brainchild of once hard-core techie Rajeev Chandrasekhar, says tambja SHIV TANEJA Dressed ina denim shirt, tan trousers, suede shoes and very much at ease, 33-year-old Rajeev f!hamtr»«»lrh«r hardly strikes you as someone who
      CHRIS LOH  -  1,516 words
    • Article
      Failure pays dividends
      454 16 thmccassfal ADR acts as catalyst far LAST year, BPL Cellular Holdings the holding company for the BPL Group's diversification into the cellular phone business— was to have launched India's first American Depository Receipt (ADR) issue. But the US$2OO million (*****.2 million) offer failed. The reason: inadequate international
      454 words
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      123 16 brought to you l)y COMPAQ. -xw'^ft- s^ii' 1 jf y^ ®s» <. i<4r F Thousands of businesses throughout Asia and the |H|H Pacific recognise one leader in server technology. *®J|| From tmal family concerns to mulli-national corporations, the reliability and quality of Compaq Proliant wrvm, wrth Intel AM Pentium® Pro
      123 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Creative dives 24% in a week over Asian woes
      387 17  -  Etectrwie (fecks Ut by worries of revonno slowdown amid regional crisis By] R Sivanithy [SINGAPORE] Worries that Asia'# economic woes will lead to a revenue slowdown fbr electronic stocks are already hurting stock prices, With Creative Technology leading the way. After
      Source: Bloomberg  -  387 words
    • Article
      Investors unfazed by IPC-Hagenuk news
      177 17 (SINGAPORE] Investors took in their stride the news that IPC was scuttling its plan to make Hagenuk a subsidiary. The company's share price hardly budged in trading yesterday, ending the session Just half a cent down at 19 cents with &06 million units traded. IPC
      177 words
    • Article
      Lock icon Wong's Circuits cuts PCB prices: analysts
      348 17 Bloomberg (SINGAPORE] Wong's Circuits Holdings Ltd has cut prices for its printed circuit boards and kMt two major customers in recent months, moves that coukl hurt its earnings, analysts said. The printed circuit board maker has lost two customers recently, representing a loss of
      Bloomberg  -  348 words
    • Article
      Beyond fundamentals: what's behind L&M's share price rise
      787 17  -  HOCK LOCK SIEW Lee Han Shih IHHHBOR a loss-incurring compaLAM Group Invest- ments sure is popular. I11 two years the specialH ist contractor has gone through a few changes of ownership and management. This year it also suffered an interim loss. Despite
      787 words
    • Article
      Aztech to launch 2-yr R&D programme with NUS
      192 17  -  By, Annette Pau [SINGAPORE] Sesdaq-listed Aztech Systems Ltd said yesterday it will embark on a twoyear R&D partnership programme with the National University of Singapore. It will collaborate with NUS in joint RAD programmes, staff and research attachments, information exchanges and explore
      192 words
    • Article, Illustration
      Lock icon Asian aviation still stands on firm ground: SIA CEO
      381 17  -  But economic crisis will impact on new aircraft purchases By < Conrad Raj [SINGAPORE] Singapore Airlines says the current slowdown in the air travel industry will be relatively short as the fundamentals which made Asia one of the world's fastest growing
      FILE PHOTO  -  381 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article
        Lock icon AMMB seen heading for first-ever profit drop
        496 18 Analysts expect its release of first-half results this week to show a 9% profit fall Bloomberg [KUALA LUMPUR] AMMB Holdings Bhd, which controls Malaysia's largest merchant bank, may be heading for its first-ever decline in profit when it reports half-year earnings this week,
        Bloomberg  -  496 words
      • Article
        Lock icon Matahari's 10% buy upsets Hero Supermarket
        153 18 Reuters [JAKARTA] Indonesian listed supermarket chain PT Hero Supermarket said yesterday it was unhappy with the purchase of a 10.01 per cent stake in the company by retail giant PT Matahari Putra Prima. "We prefer to be alone (in doing business), we don't need
        Reuters  -  153 words
      • Article
        Lock icon Antah holding up well in current turmoil: CEO
        283 18 Grtvp protected by good mix of domestic and foreign earnings Bernama [KUALA LUMPUR] Antah Holdings Bhd is not badly affected by the current financial turmoil because it has a good balance of domestic and foreign earnings, its chief executive officer said yesterday.
        Bernama  -  283 words
      • Article
        Lock icon Bakrie Finance 9-mth profit plunges 70%
        147 18 Bloomberg [JAKARTA] PT Bakrle Finance Corp, the financing arm of the Bakrle Group, said net profit for the nine months to September plunged 70 per cent hurt by foreign exchange losses and a surge In payments to minority shareholders. Net profit dropped to 2*7
        Bloomberg  -  147 words
      • Article, Illustration
        Koh Boon Hwee on QAD board
        110 18 KOH Boon Hwee has become the first non-American to be appointed to the board of business software and services company QAD Inc. Mr Koh currently serves as chairman of Singapore Telecom. He is also chairman of the diversified Wuthelam Group. QAD said on Wednesday
        110 words
      • Article
        Boustead interim net up 68%
        134 18 [SINGAPORE] A strong performance by its property division helped Boustead Singapore record a 67.8 per cent rise in net earnings to $896,000 for the six months to Sept 30. The mainboard-listed company chalked up earnings of $534,000 during the same period last year. Turnover for
        134 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Wheelock 1st-half net jumps 52% to HK$1.2b
        420 20 Mast of the earnings come from Wharf Holdings; Lane Crawford in black Bloomberg [HONGKONG] Wheelock Co said first-half net profit rose 52 per cent to HK51.196 billion (***** million), or 59 HK cents a share. Four analysts polled by Bloomberg News forecast earnings
        Bloomberg; Source: Bloomberg  -  420 words
      • Article
        Lock icon Yamaichi, Sanyo still facing asset outflow
        129 20 Reuters [TOKYO] Failed Japanese brokerages Yamaichi Securities Co Ltd and Sanyo Securities Co Ltd said yesterday customers' assets were still being withdrawn, but such activity had become less fevered. "Compared with end-Sep-tember, customer assets had decreased by 52 per cent by end-November," said a
        Reuters  -  129 words
      • Article, Illustration
        Lock icon Most Aussie CEOs see profits going up: survey
        229 20 Reuters [SYDNEY] Most Australian chief executives see profit rises over the next year, although executives from companies affected by the Southeast Asian currency crisis were less confident, a survey of 150 chief executives by the Business Review Weekly magazine has found. The
        Reuters; FILE PHOTO  -  229 words
      • Article
        Lock icon CNAC slashes IPO price and issue size amid slump
        387 20 Aviation firm to sell 375.9 m shares at HK$l.63 apiece Bloomberg [HONGKONG] China National Aviation Co slashed the price of its initial share sale by as much as 37 per cent and trimmed the issue size by 44 per cent in
        Bloomberg  -  387 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Emerging markets surpass Western Europe in ADR sales
        522 21 Firms from emerging markets account for 61% of USs7b raised from share sales Bloomberg [NEW YORK] Companies of emerging markets raised more money by selling shares in the US in the first half of the year than Western European companies, according to
        Bloomberg  -  522 words
      • Article, Illustration
        Lock icon Disney chief sells 5.4m shares worth US$514m
        513 21 Exercise of stock options likely to reigoite debate over executive parka#* Bloomberg [BURBANK, California] Walt Disney Co chairman Michael Eisner sold 5.4 million shares worth about US$5l4 million (SsB2B million), in a transaction that could re ignite a debate over the use of
        Bloomberg; Source: Bloomberg  -  513 words
      • Article
        Lock icon Intel unveils standards for network computer
        336 21 Bloomberg (SANTA CLARA, California] Intel Corp has announced design guidelines for a new breed of network computers, seeking to ensure that its chips will be used in emerging technologies. The guidelines are the latest twist in a market that analysts say is beginning to
        Bloomberg  -  336 words
    • FINANCE & COMMODITIES
      • Article
        9 banks to lend US$89.5m to S'pore-China venture
        281 22  -  10-year loan will partly fond power project in Anhui By\ Soh Tiang Keng [SINGAPORE] Nine local and international banks yesterday signed a syndication deal here to lend US$B9.5 million (*****.2 million) to China's Anhui Hefei United Power Generation Co, a SingaporeChina joint
        281 words
      • Article, Illustration
        Lock icon Making money from art
        46 22 [PARIS] Bank of France governor Jean Claude Trichet holding a large reproduction of the new 100 franc notefeaturing French painter Paul Cezanne during the bill's presentation to the press on Wednesday. The note will be put into circulation on Dec 15. REUTERS
        REUTERS  -  46 words
      • Article
        National Bank of Canada closing S'pore treasury unit
        127 22 [SINGAPORE] The National Bank of Canada is closing its treasury operations in Singapore, resulting in the loss of 12 jobs. However, the merchant bank wiU continue its operations, said general manager Bruno Bourgeois yesterday. The decision to close the treasury side was
        127 words
      • Article
        Lock icon Hambros about to sell corporate finance unit
        416 22 It's also in talks to seO other parts of banking business FT [LONDON] Hambros, the investment banking group, is close to an agreement on the sale of its corporate lending activities with Generale de Banque of Belgium. But discussions with other banks could
        FT  -  416 words
      • Article
        Lock icon Citibank mulls taking stake in Thai bank
        213 22 AFP [BANGKOK] US-based Citibank and its parent company Citicorp will decide within 90 days on a joint venture with Thailand's First Bangkok City Bank (FBCB), a top executive said here yesterday. William Rhodes, vicechairman of Citibank and Citicorp NA, made the comments after
        AFP  -  213 words
      • Article
        Lock icon Oil exploration on target: Pertamina
        244 22 ENERGY REPORT Reuters (JAKARTA) Indonesian state oil firm Pertamina said yesterday it would attain its 1997 target for oil exploration with partner companies and that such operations would increase next year. "The target for oil exploration in Indonesia will be reached in 1997 and the
        Reuters  -  244 words
      • Article
        Futures continue to rise in line with Taiex
        156 22  -  MSCI TAIWAN FUTURES -By I A. Perry Gilbert Gilbert, vice-president, Rtfco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract continued its upward path yesterday, with the December contract trading level with the MSCI cash index over most of
        156 words
      • Article
        Lock icon Gold falls in London on technical trades
        280 22 AFP [LONDON] Gold prices fell in early trading here yesterday, sinking below a 12Vi-year low under the weight of technical trades as speculators off-load-ed precious metal contracts. Gold prices fell by U552.75 to U*****.95 per ounce. They have fallen by almost US$lO in
        AFP  -  280 words
      • Article
        Lock icon CURRENCY REPORT
        279 22 Reuters London THE US dollar traded within a narrow range in mid-day by comparison with morning levels, after having started the day off with a rise against all other major currencies. It is continuing to benefit from the Asian crisis, as well as from the aid deal concluded
        Reuters  -  279 words
      • Article, Illustration
        Untitled
        1266 22 DfTBttBAMKCttOgS RATES Dec4 c$ ta> r» Om m Ymi nm in Bwt $ir utt 9M rt— J 0.954 6.178 0.600 1993 1190 1199 ***** 265Z7 0 868 7JM 2.476 1117 ***** 23.532 1.063 3 270 C 962 ***** 2? 783 0.399 0.672 £2?" S-** 7 5* 17 U<7 1450 tf-
        1,266 words
    • Article
      COMMODITY PRICES
      1650 23 8I00M rOTPRBS Dec 4 MHQMmiiMi|Ni&30p) 8SS1C0NTlACT(ScaatsA*) CtoM VoteM flpen Modi Wfll Law Sett (towm) InttfMt Jan 98 ***** 120.00 ttl75 429 400 MM ***** 200 *70 HvM 124.00 870 Apr/Jen 90 130.00 900 ***** Ws«p96 135.00 3075 Oct/OacM 139.75 137.25 1*25 450 3750 res 3 CONTRACT (US cmtiAo)
      1,650 words
    • Article
      WORLD STOCK MARKETS
      2190 23 Dec4 Nut* 31 Croup 513.400 *3.400 AB Ports 288.600 *4.600 Abbey National 980 8 AIMDomecq _________544 *6 Amoc 132 2 Asda Group 171 *3400 BAT M 548 4400 BCPIc 287.400 6.400 BICC 173 *1 80CGroup 975 24.900 8W Petroleum 842 24 BTR 209.400 1 Bank of Scotland
      2,190 words
    • Article
      Lock icon TOKYO
      1609 23 AFP P Nikkei 225 -278.72 SHARES closed lower yesterday, pressured by selling in banks and securities houses amid worries over the future of the ailing economy. The 225-issue Nikkei Average dropped 278.72 points to 16,306.79, while the broader Topix Index fell 22.45 points at 1,228.74. Turnover was an estimated
      AFP  -  1,609 words
    • Article, Illustration
      Lock icon HONGKONG
      1571 24 Bloomberg P Hang Seng +267.36 STOCKS rose yesterday amid optimism South Korea's agreement to terms set out by the International Monetary Fund's US$55 billion (5588.6 billion) economic rescue package signals a step towards stability in the region. The bailout helped ease pressure off the Hongkong dollar, said traders, resulting
      Bloomberg  -  1,571 words
    • Article, Illustration
      Lock icon CHINA
      591 24 Reuters Q Shenzhen B Index +157 THE Shenzhen B share market closed up on bargain-hunting yesterday, extending Wednesday's rebound after recent steep slides. The B Index rose 2.57 points to 99.76 on turnover of HKJ2I million. But analysts said further strong gains were unlikely as foreign institutions still had
      Reuters; Source: Credit Lyonnsis Securities (Asia) Ltd  -  591 words
    • Article
      Lock icon TAIPEI
      387 24 AFP QwPlndei +147J8 SHARE prices closed'up 1.9 per cent yesterday, with investors bullish about the market's short-term prospects. "Market sentiment was very positive about the shortterm outlook, together with a drop in the overnight interest rate and the lack of further bad news from foreign financial markets," said a
      AFP  -  387 words
    • Article
      Lock icon WELLINGTON
      253 24 Reuters n Wellington *034 SHARES ran out of steam yesterday with the market ending square and brokers now expecting the market to consolidate for a while. The NZSE-40 Capital Index ended 0.34 of a point up at 2,392.28 having at one stage peaked at 2,405.55. Turnover was NZ$6l million.
      Reuters  -  253 words
    • Article, Illustration
      Lock icon BANGKOK
      805 24 AFP rl SET Index jßjl SHARE prices shot up 3 per cent yesterday as regional economies breathed a sigh of relief after South Korea finally agreed on a rescue programme from the International Monetary Fund. The SET Index closed up 11.39 points at 388.77. Turnover was 141.7 million shares
      AFP  -  805 words
    • Article
      Lock icon SEOUL
      396 24 AFP n Composite Index +2&50 SHARES shot up almost 7 per cent yesterday in active trading triggered by the IMF bailout of South Korea. The strong buying, which lifted the index back above the 400-point mark, was centred on blue chips, financials and underpriced large-cap stocks. Dealers said most
      AFP  -  396 words
    • Article
      Lock icon SYDNEY
      585 24 AFP D All Primaries ->■> SHARE prices slipped 0.4 per cent yesterday as investors cashed in after several strong sessions on the bourse. "There has been profit-tak-ing across the board," said a broker, noting that the market was beginning to wind down before Christmas. The All Ordinaries Index fell
      AFP  -  585 words
    • Article, Illustration
      Lock icon JAKARTA
      702 24 AFP rl Composite Index +1225 SHARE prices jumped 3.1 per cent yesterday, supported by late buying in banks and large cap stocks, after Bank Indonesia denied rumours that the government would freeze US dollar accounts and convert deposits into government bonds, dealers said. The Composite Index rose 12.25 points
      AFP  -  702 words
    • Article
      Lock icon MANILA
      307 24 AFP PJ Manila +7.42 SHARE prices closed up yesterday on a technical rebound. "This is purely technical in nature," said an analyst. He said investors were buying because they think prices are cheap and not for any fundamental reason. The PSE Composite Index rose 7.42 points to close at
      AFP  -  307 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8444 25 INDUSTRIALS Lot Vol Day Net Cap High Lew Company '000 High t,— HI >mll 790 220 Ajinomoto 250 20 9 250 250 13.8 t01.3 448 130 Angkesa 157 11 396 157 147 3.6 231.5 905 245 Apoik) Food Mlg 276 10 71 280 260 8.0 110.4 765 248 BerlayaLand 352
        8,444 words
      • Article, Illustration
        Lock icon Widespread bargain-hunting lifts shares
        559 25 AFX-Asia +27.83 SHARE prices closed higher yesterday on widespread bargain-hunting by local and foreign investors, dealers said. However, a falling Malaysian ringgit pared earlier gains. The KLSE Composite Index closed up 27.83 points at 575.89, off a high 0f585.64. The Emas Index was up 6.77 points
        AFX-Asia  -  559 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3352 26 1WT Last Vol Day Last Ousts A™ Nigh Law Stns Canny Us ♦or- (*000) High Lsw Bwyar likir Mm 68 17 m 3000 m AMOB CS3H*****6 19.5cl unch 31 20 19 19 20.5 81 IS 3160 *Acsr W*****I US$ 17.5 -0.5 55 18 17.5 17.5 18 >31 21 3164 Acma
        3,352 words
      • Article
        With expiry so near, is Tuan Sing warrant still attractive at 1.5 cts?
        180 26  -  WARRANT WATCH -By R Sivanithy THE cheapest warrant trading in the market at the moment is issued by property and construction firm Tuan Sing Holdings. It costs 1.5 cents mainly because its time has almost totally run
        180 words
    • Article
      CLOB INTERNATIONAL
      2204 26 IfALAYSAK STOCKS J g||| -1 .jgr Gr Or IMT Last Vol My Last Ouott Ml DD VN M M Cap MNK Law Stm Cwnpny Ml COOP) W> L— Bwyar SaBar Cw >/l »H 478 68 m*S000 AIS850C 75cd 432 78 TO 75 753 10 X3 1.5 X)-2 769
      2,204 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1388 27 TVRMOVtR COOO) VAIUI rOOO)' mn cm mm ao t««I Mustrttf 59,130 4S430 KM,4«0 IM.W WJ W-TM HMIK* 7.44* 8.609 *077 ***** W.4*2 W« Hotels 2.054 1.790 3 848 3£7 *M *9» 10.433 J7,m ***** MtM2 V?! 4 *'5$ PlaMMton 10,7*4 10.7*4 > fgt *J77 Mrtna 8*8 M* 137 BS7 N.W
        1,388 words
      • Article
        MAIN BOARD
        4944 27 Cr Or M «»t IM7 Ust Val Day L**t Ouatp Ot* Ok «N im Ca An* W» Lpar Wh Ci—««y «H fOOOl Mini t— Iff Mhr H Cw W Ww MMISTRMLS 1S7 U a 1020 ACE DynwittcsMc 35.5 "2.5 45 34.5 35.5 35 35.5 29.1 35 3146 ASCNT$K)200.
        4,944 words
      • Article
        SESDAQ
        1044 27 Or 6r M m 1997 LmI VW Day LMt Dwti Mv Otv VM Nat Cm *1 wm» Lw gg» gggg Ma COOP) L— >wrf 944o Cw P/l M *r1c» tONt 14* 7* 2000 AMHMlik 134 «K» 14 134 13* IM 117 1.0 *0 0.1 1*71 *14 139 Ml 144
        1,044 words
      • Article
        Untitled
        157 28 •fltifftrlfT ft W.W7.W0 InmtM 9,591,000 Mf* He 8,608,000 ImtmCart 7.412.000 •MC#ft99 7,1*7,000 <671,000 <tftn«rCM 4,408,000 WMtM 4.g7.800 im i_ ■Ticrtp 29.770,052 ■Hl«iac 26.529,349 Wkfm** 20,417,828 $Mft»725c 17,150,571 •UMp tl,953,329 mNmm 11.490,7% <M«C«p 10,401,405 MM 9,264,732 ifOwStc 8,575,855 1150c 7,648^00 INM99 i nj p«m 17 21.4 3 Or* 200 31 Al
        157 words
      • Article, Illustration
        HOT STOCK
        67 28  -  Shiv Taneja SAMUDERA SHIPPING ckmd 15 cm* higher yesterday at At emit on a volume of 166 million shares, compared with ttt lOday traded average of 194,600 units. The daily RSI and stochastics charts are nearing the 75 level, but based on the daily MACD chart there Is
        67 words
      • Article, Illustration
        S'pore shares drift as KL rallies despite ringgit fall
        652 28  -  moKKAinr COMMENTARY Local Um chips still ignored; electronics stocks under selling pressure on revenue slowdown worries By R Sivanithy [SINGAPORE] The Kuala Lumpur stock market yesterday shrugged off an alarming slide in the Malaysian rlnggit and instead staged one of its
        652 words
      • OH THE GRAPEVINE
        • Article
          A different Thai stock story
          225 28 HIRE'S a couple of leeeons and a hedging idea to come out of all the doom and gloom surrounding Thailand. This week's Economist magaslne features the story of one Thai stock whose share price hee Jumped over 160 per cent since the Thai baht was
          225 words
        • Article
          This way to profit
          128 28 BUT for investors who've hade good 19g? in US stocks and are looking forward to lm, one American analyst recommsndad yesterday that they should go south of the US, but not too Ikr east "Europe and Latin America continue to oAr the beet balance of risk
          128 words
        • Article
          Financial voyeurs
          136 28 HEARD at a seminar orgsnieed to eddrses the turmoil in regional markets: How do you tell the difference between a trader, an •cooomiet and a riak manager? Easy, said our man. A trader knows a thousand girls, it seems, but not 100 many ways to make them happy.
          136 words
        • Article
          Greetings
          73 28 IT IS the Christmas ssaaon again and our newsroom is getting Its usual crop of greetings and beet wishes. Singapore Technologies, for instance, sent a card with whet looks like a pop-up Christmas trie at first gianos. Until one wit remarked that it looks like a mosquito coil and
          73 words
  • Page 17 Advertisements
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      142 17 It I it i If I i i >• nr > GHa i j9| _*M ■H|dMiaiUV —Jh -*^E Wff innovative make a •Office space mm*M Afacilities planning Cl ITI ©l*©HC©» Corporal* interior dtiign |f y OU re looking for a superior Imported custom made partnership in office design, look no
      142 words
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      338 18 MADE IN GERMANY Four-Wheel Drive Aluminium Alloy Body Luxurious Interior Upholstery Latest German Technology Bit|fx?HHHß 11 Bms^EBEBEmBBSBUB^\ ™^MK Ckr $ii««rlr Cdlntiit 3918 Orchard Road 290 Orchard Road G123, City Square #02-12 L/M, Ngee Ann City #02-21 Paragon 182 Jalan Tun Razak Singapore *****4 Singapore *****9 K.L. Malaysia Sole Distributor: The
      338 words
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      143 19 Nice to meet you A young company founded on half a century of expertise: VESTOLIT Our aim? To further expand our business internationally. Our GmbH. We've been a subsidiary of Huls AG since 1995. Today we're 750-member team, with sales of around DM 650 million, is one of the top
      143 words
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      203 20 Where excellence HMMH flows, success is sure BfifljH Celebrating Singapore's Enterprising Spirit Grohe Pacific Pte Ltd congratulates 1B GGet Holdings Pte Ltd for receiving the prestigious I GGET HOLDINGS PTE LTD What does if fake to be named one of the fop 10 (FORMERLY GOH GOH HOLDING PTE LTD) among
      203 words
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      Page 20 Advertisements Column 2
      4 20 mn BBMM (IN) ■BliSSii
      4 words
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      126 21 Level 1 training programme for May 1998 exams, starts January 1998 First ever comprehensive study programme to be offered in Singapore Come to our CFA course presentation ft An Introduction to CFA" on Thursday, 11 December from 6.45pm to Bpm. An opportunity to learn more about both the CFA qualification
      126 words
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      Page 21 Advertisements Column 2
      771 21 Thakral Corporation Ltd (Incorporated in the Republic of Singapore) Notice of Extraordinary General Meeting TO: ALL SHAREHOLDERS NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 1 Colombo Coun #08-17/25, Singapore *****2 on 26 December 1997, Friday, at 11.00 am for the purpose
      771 words
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      59 22 rATrlt iftgadnai 9H| g© Live music at Muddy Murphy's Irish Pud <>urse traditional 'WWlti lUNCH 4#~ 532 f w For a funky christmas party call fo JklbMW 735 0050 v iV (Daily from 8* 24* December) muddy mußphy's fKf 442 Orchard Road, #B 1 -01/01 -06, Orchard Hotel Shopping Arcade,
      59 words
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      117 26 1 YOU ARE JUDGED BY WHAT YOU WEAR CYC'S TAILORED SHIRTS WILL SET YOU APART. m Why wear readymade shirts made for the average body? At CYC, every shirt is skilfully crafted for your body giving you just the right 4 fit. And you have our word on it each
      117 words
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      23 27 ROY EASTERN WATCH, LUCKY PLAZA. #01-74, #01-86/87/88 ORCHARD ROAD TEL: 734 3139 DELUXE EASTERN WATCH, CENTRE POINT, #01-18/20 ORCHARD ROAD TEL 235 2536.
      23 words
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      323 28 BIVSIMESS Notices To advertise call toll-free 1800-*****83 BITWi MATTER OP VNE COMPAMES ACT, CAP. 50 AM) M THE MATTER OF 4P SMPfWQ PTE LTD Incorporated In to RqpuMc Of Singapore) i M Extraordinary General Mealing of to members of OP SHIPPING PTE LTD duty El and hsM M 257 Rd
      323 words
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      Page 28 Advertisements Column 2
      940 28 IN THK MATTO OB TUB COMPANIES ACT, CAP. SS AND IN THIMATTCK OB UNTTID CAPITAL ABU (PTK) LTD T (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OB PINAL MBKTING Notice is hereby given pnnnant 10 Section 300(I) oTthe Companies Act Cap. 30 foat die Rnal Meeting of Members at die abovemeationtd ConqiMq
      940 words
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      Page 28 Advertisements Column 3
      200 28 BOON WAH PDOPPtTIKS (S) PTE LTD (In 11| llill (Inrerperaaed fo the Kipahfo af Sfo»ip iri) PINAL MEETING NOTICB NOTICE IS HEREBY OIYEN dim a Final Meeting oT die Members oT die abwt—mtd company will be held at 313 Omram Road. ai3-08. Tan Boon Ual Bwkltng. Singapore 1W074 on Friday
      200 words
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      Page 28 Advertisements Column 4
      276 28 M THE MATTER OP THC COMPANKt ACT, CAP. AMD MTNUMTTCMOC EOWANO LUMLCY MM »»M222rv22SJ?Sj2Seii noticc OP RnoumoM Ai m KmrOnw OtiMnl MmMRB «t MNM Of *M tX>v#ftAm*d ComoAnw duk oomlanad and ImMMhSo Bet Quay, Mmhm 04SCM on tw I if aT rticiatbar IM7, N JJJoMorn eat oM balaw wara duty
      276 words
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      Page 28 Advertisements Column 5
      731 28 THE STRAfTS TIMES CLASSIFIED IMPLOYMENT YOUR CAREER GUIDE I^l IN THE MATTn OP THE COMPANIES ACT (CHAPm M) AND IN THE MATTUt Of A-ONK BOUTIQUE m LTD (IN VOLUNTARY UQCIDATTON) MEMBERS' VOLUNTARY WIND-UP At 1 naawdbM i Onml Mectiaa af dM Cniayim beM at 237 Setagit BaadaiS-27W2BISelagMCemm*»MaBN i l«3S(foa2Dniaib l
      731 words
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      Page 28 Advertisements Column 6
      292 28 TWICOMPIIWI ACT CHAPTER SO BccnoNtsmm nonet or moLunok uwwjwaißwaß voluntary ljoubmtiow) At an Extraordinary Qonoral Maatng d Rlvar Luna Hottngs PtoUdhaMdCtomndanHouaa, 2 Church Stroot, Hamilton, Barmuda on tw 261h Novambar IM7. tha following apodal RESOLVED; 1. That tw company ba wound up voluntarily and that Maaara Mcky Tan Ng Kuang.
      292 words
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      Page 28 Advertisements Column 7
      170 28 .M SI THE MATTER OP THE COMPAMES ACT, CAP. BB AMO M TNI HATTER OP WALKERS TOURS AMD TRAVELS SMQAPORE (PTE) LTD NOTICE OP SPECIAL AND OROMARY RESOLUTIONS At an Extraordinary O antral MaaPng at tw Campany haM M 1 Calambo Court PO64S. Stogapors *****2 aw tw MPi day Rwaa
      170 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      299 29 Bridge News Reuters RATES rose slightly on the key Panamax grain run from the US Gulf to Japan for the prompt position with US$19.75 without combination ports allegedly agreed, brokers siid. eased again in the morning session, but recovered to close moderately firmer on the b#ck of increased
      Bridge News; Reuters  -  299 words
    • Article
      MARITIME STOCKS
      111 29 «o33 r rnmntmm JLZImv mm oo —JM %M 0A6 *0.01 KSSTM^L-—!.« «<mh 'la LMTsy Marin* LAO uncfe 3 WHHIL* ttt HCt. 0.95 *001 M tt|ny Martthn* _US 176 *0.04 t057 Pacific Cirrln 0.73 <-0.025 M unch 21 IT5C 2.M rot [yjf 1tw 3 shsw-s K«lanq CantaiMr 2.M 1M
      111 words
    • Article
      Shippers warn of too many liner alliances
      603 29  -  Regulators must make sore these mergers do not torn into monopolistic transport providers From. David Hughes in London REGULATORY authorities "need to be watchful" as the major container shipping alliances develop, according to the secretary-general of the European Shippers' Council, Chris Welsh. "Shippers
      603 words
    • Article
      Lock icon Philippine court blocks re-bidding for Subic project
      188 29 Bloomberg [MANILA] The Philippine Supreme Court granted Hutchison Ports Philippines' request to halt the re-bidding for a contract to develop and operate a port at Subic Bay. The high court issued a temporary restraining order blocking the Subic Bay Metropolitan Authority, or SBMA,
      Bloomberg  -  188 words
    • Article
      Lock icon Cosco Pacific to buy into 3 China ports
      83 29 AFX-Asia [HONGKONG] Cosco Pacific Ltd has signed letters of intent to acquire stakes of between 20-50 per cent in three container ports in China for about HK$2 billion (Ss4l6 million), Hongkong Economic Times said. The report quoted brokerage sources as saying that
      AFX-Asia  -  83 words
    • Article
      Seller can use buyer's breach to defend its refusal to load cargo
      756 29  -  ADMIRALTY CASEBOOK By I Selva Kumar THE English Court of Appeal has overruled a lower court's finding that a seller could not rely on a buyer's breach, which the seller had ignored at the time of the breach.
      756 words
    • Article, Illustration
      Lock icon Weak locks on bow doors led to ferry sinking
      481 29 OFFICIAL FDVDDVO6 OM BSTOMIA DISASTER AFP Lloyd's List [TALLINN] Weak locking devices on the bow doors caused the 1994 sinking of the Estonia car ferry in which 852 people drowned, the official report into the disaster said. "The main causes of
      AFP; Lloyd's List; FILE PHOTO  -  481 words
    • Article
      Legislation for sale of ANL introduced in Parliament
      161 29  -  From Jerzy Farynski in Sydney LEGISLATION which will allow the Australian government to sell the national carrier, ANL Ltd, was introduced in Parliament last week. This followed discussions between the Minister for Workplace Relations, Peter Reith, and maritime unions earlier in the
      161 words
    • Article, Illustration
      Oil-spill penalties are starting to bite hard
      723 30  -  Recent court decisions are a wake-up call to ship-owners, vessel masters B,j\ Sean T Connaughton IMMEDIATELY after passage of the Oil Pollution Act of 1990 in the United States, dire predictions were made about ship-own-ers and vessel masters being thrown in jail in
      723 words
    • Article
      Lock icon Sea-Land in line for role at Brisbane port
      232 30 Lloyd's List [SYDNEY] US operator SeaLand is understood to be a contender to operate the new Wharf 6 at Brisbane's Fisherman Islands port complex. The 310 m berth has been under construction by the Port of Brisbane Corporation for the past year
      Lloyd's List  -  232 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      389 30 PAOC FL-Bright 6 AMI 3 Famous 7 AMe 16 Farwide 14 Accord 8 FoongSun 8 Ahrenkiel 14 f>ota 16 Appenship S Frt Links 16 Astro 3 GLink 4 Austral 9 Gemartrans 13 Avant 6 Genshpq 9 B'tang Mas 8 Glory Nav 16 BSA
      389 words
    • Article
      SHIPPING GUIDE
      18219 38 EXPORT ETA ETA AdvartHar VnMt V«yaga TMplwt ETA HA Ad»artl**r V«M Voyaga Talapnona Sl Paifn Mama Now NumOar Humb* A 00/B 2VB Hyundai MM HY HIGHNESS 300W tS-IMM 00/B a/V HanJIn H. WILLMMGTON OOIW *5-32*0224 Tb ABIDJAN (ABJ) 2003 2£SZ?£«a SET £22S /vory Coasf, Cote D'lvolre w »n
      18,219 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        732 45 V*ss*< Voy Mo Bwth Arrtwl D«partur Jaroaq Part tawHUorr 1 JOT Hon«s«k 10.12/2300 Ot Hakar 1211*7 J01 alonqsid* 05 '2;060C Hanaisky 372/97 J17 alonqside 0612/2359 Hfns Premium *****? J14 alonqside 04.12/1700 Pat Halts* S J23 alonqsMa 0912/0600 Sm Jay a 17/97 J03 IKmuK 05 >2/0600 Mn SUM* 2997
        732 words
      • Article
        CONTAINER SCHEDULES
        1565 45 RECEIVING OF EXPORT FCl CONTAINERS AMD LCI CARGO BoofclNQ/BalMct Rstls Sf»'P Voy No Etb/Btr Ported from To Fran taurn am 0WJ» M ovsoo ov*» 04/soo S 04/T50C 04,1459 04.T90C u 54/voc ovo*m osmoo 04/1700 05 0459 3VW0C J osmoo ovmt os/moo MM OVSOO M OVSOO 04/MM OVSOO 04/1500
        1,565 words
      • Article
        GLOBAL HOLIDAY
        194 45 Dm 5 Ghana Thailand: H.M. The King's Birthday. Dm« Finland, Spain Dm 7 Cuba, Italy (Milan) Dm 8 Argentina, Austria, Brazil (some cities), Chile, Colombia, Italy, Panama, Paraguay, Peru, Portugal, Spain, Switzerland (some areas) DM 10 Thailand: Constitution Day DM 12 Kenya, Mexico, Russia DM 13 Sri Lanka
        194 words
      • Article
        COCKETT BUNKER MARKET REPORT
        840 45 THIS report compiled by Cockett Marine Oil Ltd. shows price rangea In US dollar* inatead of tingle price* tor a more comprehensive de•crlptioo of the market Price* thown are baaed on average-aiied Ham. Market movement* are 1 ml lea tad. The Cockett Bunker Price Index change
        840 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        371 45 no Mm WW U IT J 0.10 56 0.04 P-»*T WtOf IwMw ton Utmni NoMom£25 2 1 2 0 0 0 H/H 300 AM 986 4 0J 12.6 0.07 34 0.02 u/iri «m W T o w 0J %t01 ■»«*«< No »6om 635 T 0 0
        371 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Lufthansa to buy 5 B747s and 10 Airbus A340s
        577 46 Order keeps European aircraft maker ahead of its US rival Bloomberg [FRANKFURT] Deutsche Lufthansa AG said it plans to buy five Boeing Co 747-400 jumbo jets and 10 Airbus A 340-600 jetliners in a transaction valued at 3.6 billion Deutschemarks (553.2
        Bloomberg  -  577 words
      • Article, Illustration
        Lock icon Planes can cross here too
        56 46 [HAMBURG] A new Airbus A 321, built for a Taiwanese airline, crosses a public road from the German Airbus production plant to a new delivery centre. Regular crossings will become a frequent feature at the plantfrom spring 1998 onwards as newlv built planes are brought
        REUTERS  -  56 words
      • Article, Illustration
        Lock icon Cathay reviews in-flight security after cockpit incident
        281 46 AFP [HONGKONG] Hongkong flagcarrier Cathay Pacific Airways on Wednesday said it was reviewing in-flight security after a drunk Myanmese passenger stormed the cockpit of one of its aircraft as it descended into Bangkok. "We are now reviewing in-flight security procedures," Cathay spokesman Kwan
        AFP  -  281 words
      • Article, Illustration
        Lock icon VW workers say no to pay cuts
        89 46 [SAO PAULO] Thousands of Brazil's Volkswagen workers participate in an assembly early morning in front of the plant gates, on Wednesday. They were refusing the company's proposal to cut by 20 per cent the workers 'salaries and working days. Volkswagen had earlier planned
        REUTERS  -  89 words
      • Article
        Lock icon Volvo set to sign big contract with Russia: report
        271 46 AFP (STOCKHOLM] The Swedish car maker Volvo is on the verge of winning a big contract in Russia, a newspaper reported here on Wednesday. Yesterday Volvo was to sign an agreement with Russian First Deputy Prime Minister Boris Nemtsov for the
        AFP  -  271 words
      • Article
        Lock icon America West Airlines cuts some fares for '98 by half
        382 46 Competitors US Airways, Southwest Airlines and TWA follow suit Bloomberg [CHICAGO] America West Airlines cut fares by as much as 57 per cent on some routes for early next year, triggering responses from several competitors as airlines try to boost
        Bloomberg  -  382 words
      • Article
        Lock icon MAS plans more flights to Surabaya
        216 46 Bernama [JAKARTA] Malaysia Airlines (MAS) plans to increase its Kuala Lumpur-Surabaya flights by the end of the year, according to a news report here. The Bisnis Indonesia newspaper quoted the local MAS marketing manager Haviz Gatam as saying that MAS, now flying 17 times
        Bernama  -  216 words
      • Article
        ANA appoints general sales agent in United Arab Emirates
        241 46  -  By] Felix Chan [SINGAPORE] In line with its plan to start direct flights to Dubai, Japan's All Nippon Airways (ANA) said it has appointed Sharaf Travels as its general sales agent (GSA) in the United Arab Emirates (UAE). Sharaf Travels, ANA's
        241 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1478 46 Qtt mem pa hwmt era kttm» mm wo fmpniwc com owd Amsfrim S0327 0620 KL844 0125 N"* **741 1310 YW742 0905 OJ37 1540 6*994 2245 WW MB *1.838 2335 Nat Yal TC407 1540 ***** 1645 0L26 2355 MW5 2150 IH6 15 2X5 NaMrtri AYW7 *50 AY096
        1,478 words
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      1148 30 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS ~1 DIRECT TO WEST COABT ~l| I WEST COAST Of CENTRAL AMERtCA tMABOAIUTA MRVICB YKSfI voy etasm etpsm u oak vat sea dai hou ok ny mexkqqty |w| m Iwwi»wii»a NOIRWY *****9 03/11 04/12 22/12 OMIT 19/12 11/12 22/12 22/12
      1,148 words
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      Page 30 Advertisements Column 2
      662 30 Lines A servKa* represented #(u te mh««mr h ki®Mil b MembefSo Registry of f<y|ri Fodders \gwo+y Acceoited Shipping Agents SjAjjy Association Singapore Shppog Association sailing schedules Place an ad in... Shipping Times Just talk to us... I Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 X Japan -2 Hongkong -1
      662 words
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      Page 31 Advertisements Column 1
      997 31 TO EUROPE FROM EUROPE Ivßttt VOT SM r* HAM MtV SOU LB« Ivissa VOT CM HAM NV SOU IflTTw mTI OOaRANQ J447 04/12 27/12 25/12 22/12 23/12 UUMf 2477 14/11 U/ll 21/1121/11 04/12 NtDUOYQ AftKA $447 11/12 01/01 M/ 12 01/01 OOQ GSUMNT 4477 21/11 20/11 17/11 11/11 10/12 MAAS
      997 words
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      Page 31 Advertisements Column 2
      1912 31 HANJIN SHIPPING USA CANADA* iiwvst/voT m »m~ sa umhaw/vot sa m an ioo idtt w If 1 bos lom| ob wtc rv m |re| ni m~[ maßm a/u 07/11 m/» a/u a/n a/u n/u n/u n/n n/» 01/01 qi/qi 03/01 n/u a/ii 01/01 01/01 ncaawoMg is/ii u/n w. mswwK/mi n/01
      1,912 words
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      Page 31 Advertisements Column 3
      103 31 (ftgyi ORIENT EXPRESS UNES (U.K.) LIMITED OjijL (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VISSfI. VQY SINGAPORE IQMIAY VESSEL VOY jOMIAY SIHGAPOtI ALBERT BRPGE 006 05/12 14/12 ALBERT BRIOGE 007 26/11 06/12 NORDKAP 420 08/12 17/12 NORDKAP 419 26/11 06/12 SINARTOBA 220 12/12 21/12 SINAR TOBA 219 30/11
      103 words
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      Page 32 Advertisements Column 1
      1129 32 <<r DSR-SENATOR in Round the World Container Services TOURCOKTINKNT FROM UK/CONTINENT UK aor aw oar w iu ua Iwmb. 1 m I urn I m Imnlmv |mm Munnu mm HI n.tt a u 2112 mi a. 12 n.n choynm qloky ma a n ati 11.11 an 14.11 ait hmjh wuaanM
      1,129 words
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      Page 32 Advertisements Column 2
      1141 32 IFTI UNE tnfrmt Wtato Site http: //www.ymi.com.tw liil ft*.**! E^Add^:c^p72oymLoomtw 7 T l'H\A' g- n""''if,it-'•: ■-:"n' 'mET '>T: ",'fl i wummkly —rmt *UEL VOY SM CM KTM HAM FXT LiH AMR HUMBER BRIDGE J74BW 07/12 27/12 26/12 2*12 30/12 GIBRALTAR BRIDGE A749W 12T12 16/12 03AD1 01/01 31/12 05/01 MING WEST
      1,141 words
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      Page 32 Advertisements Column 3
      517 32 UNE WBr A m* siNMi iui uiim msa wy m ra rasa ru sum mm sum m Mtttonr vm/17 m/ii mm mtaunr vm/w m/ii w/12 jnon vm/»7 11/12 u/11 imsm vm/w 11/12 is/11 imtum VIII/I7 IS/12 11/11 «Mt«ORT VJII/f7 is/12 w/11 iFtosra vm/*7 «/i2 a/12 imm w«/w »/ii M/ 12
      517 words
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      Page 33 Advertisements Column 1
      1278 33 IVBBBBL VOV «IN BKK POU PKQ PEN BLW BUW IBA BMC WANMBBHM PJL-1881 11/11 44/11 ■UN TCYFOURI PJL-1280 18/11 24/11 IRAN MOfliN PJL-1202 02/12 11/12 12/12 IRAN WAHPAT ML-1288 17/12 28/12 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. AZARBAiJAN. ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIRGISTAN. TADZHIKISTAN
      1,278 words
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      Page 33 Advertisements Column 2
      1732 33 CARGO TO/FROM 1 SHEKOII ft HUANGPU I mUM DIRECT SINGAPORE'S GENERAL AGENTS: *SH«TOIIWAY 111: 226 1900 FAX: *****00 OUTWAAD (l/l) SJSfrOfFST™™ B COSTAR SNIPPING PTE LTD *i7-o« dos nog saus/mgs 4205*41/43 inward dipt cd/o) 420s7ts COSTAR AGENCIES (M) SDN BND qMQ:117l*****00M TOWEI TWO (04H09) CONVENTKMAI 4205*50/55 T/SHPMT DtrT *****2S HI:
      1,732 words
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      Page 33 Advertisements Column 3
      560 33 it—, EASTERN OU» UNER, LTfc'^SXli'r 11 E\ Ed (SINGAPORE) PII LID .SKTJSS SPECIALIZE IN ROUP HEAVY UFT UTTO 122 TOWS ECL (SINGAPORE) PTE UD LOADING FOR PORTKLANG/BMIUUJ/MM f uu lltv T w MUARA/ KOTA KINABALU MV -DAISY T V.16 MV "OCEAN BLUE" V.49A ETASIN 28/11/97 ETA PKL3O/11/97 EIA SIM 28/11/97
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      Page 34 Advertisements Column 1
      884 34 S6P ROM ANW HB6 THP ZEE LHV LHV TUP ROM ANW HBG PH. MP E. ROUND RW-020 99/12 ZVIt 30/12 21/12 29/12 2V12 30/12 I GLAMOUR RE-063 12/11 11/11 11/11 M/ 12 11/12 E. RENOWN RW-9M 13/12 02*1 17/11 M*l 00*1 09*1 97*1 E. 6AALAND RE-061 22/11 21/11 23/11 24/11
      884 words
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      Page 34 Advertisements Column 2
      1087 34 IX^O*T nssa voymi wmmwmimiwthi vdso. votmi m jm am mm mm ser I immee mimotw 11/1? ?i/i? 71/11 22/12 2V12 H/12 koj ?vi? uncukoco mii-mk ivii ra/ii hoi a/11 m/ii 04/1 1 I tMwKAc <mum ivii a/i j a/12 24/12 ivii 11/11 ji/ij ji/ii mmi tmm 34/11 30/11 m/ii n/11
      1,087 words
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      Page 34 Advertisements Column 3
      391 34 NANTAI LINE FUUY CONTAINERISED SERVICE TO AAURfTWS SOUTH AFRICA vpsa vot |aw pim |dw| cw gfij mmiQUffll QMS p/i? is/» n/n Hat ftumwun 007S 14/1! 30/1? jUBUOWfiOB WOS lf/1I 7»/13 02/11 QS/W Hftl mwiwiig om M/i? w/ii iy»i mmwws cms 84/>i iaw H/DI a/w M/II Goma otteox ocs 12/n ruol
      391 words
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      Page 35 Advertisements Column 1
      484 35 BSA a. mm MYANMA \BBBk FIVE STAR UNE (Myoanar National Lin*) w Loading for Ym«m (Roafooo) VESSEL VOT SM kg fin pgu NPA AN 731 IN PT PUT* ISOW 07/1J MALAYSIA A6ENTS: MOSIEAO IMffWG AGENQES KUL TH. 01-03-*****00 KL TE 01-03-*****01 PEN IB 01-04-I*ll4ol PGfc m 01-07-ISIIIII/4 BANK LINE (A
      484 words
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      Page 35 Advertisements Column 2
      1112 35 HYUNDAI MERCHANT MARINE CO. UP. |tt«n IMI l!M| ATI MAMI Ml Iml IYPSB HOT IB MB MAM PM AW IHTMONMSS NOW N/12 25/12 N/12 N/12 N/12 N/12 31/12 NTBVOMM lON 12/11 11/11 15/11 10/11 17/11 10/11 07/11 NTIAaON HOW 15/12 01/01 02/01 04/01 M/ 01 04/01 07/01 NT 6BBRAL MN
      1,112 words
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      Page 35 Advertisements Column 3
      654 35 FAMOUS CONTAINER UNES /ICS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 3/ HOT LINE: *****33 (30 UNES) WBHMEMIMBt: l—HefJi MMLAWrtt IMBIHIIH| DAILY SAILING TO X. i HHHHIHP VHHIHHHv HHHBHI ATTRACTIVE RATES! .v ,y CALL IVY FOR BOOKING *****33 4 P. KLANG PH: 0203/*****33 (20 UNES) PENANG PH: 0204/*****7 (10 UNES) J.
      654 words
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      Page 36 Advertisements Column 1
      761 36 >ANOKOK/I.AHI CMlilAlit f JAKARTA/PAN JANQ "P"- VOY «N BKK LCH WKL VOY «N" JKT P3N~~ OANU BHUM 017W In Pt 10/12 XETHA BHUM ***** ~k* PI 06/1~ OANU BHUM 017WB 08/12 10/12 ANA* BHUM* «66 06/12 06/12 u YANTRA BHUM** 217N 07/12 10/12 11/12 ACX JAOEf 106 06/12 11/12 KIT!
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      Page 36 Advertisements Column 2
      112 36 LNS EXPRESS I (S) PTE LTD Blk 217 Henderson Road. #01-04 Henderson Industrial Park, Singapore *****5. CR NO: **********Q/H Air-Sea International Freight Forwarders jMUARA I Also accepting Heavy Lift Project Cargo Tel: 65-276 7996 Fax: 65-276 ***** tHM LINER SHIPPING PTE LTD IfrfsljseA 10 ANSON ROAD. #17-01. ItfJHpL INTERNATIONAL PLAZA.
      112 words
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      Page 36 Advertisements Column 3
      406 36 1 I PUL INTERNATIONAL UME I I hj^nternatlonal j I JWWXUKt) iStGS/W I 1 Sm 1 MM j I smmmisusm 1 7 i m i'TL |B» IjSffl I dkagon swu [HT "Mr W- Tlffi I sumaang 2 siss/W 1 —I —t j I iHkaami 11^7 q jgfljgl m Iffli pgE
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      Page 36 Advertisements Column 4
      605 36 A/iccord 1 SHIPPING PTE LTD TO. tSOASI IS (40 UrtM) MX >*****30 KmiUM •MX MS I*l WOSCT ACOSS m *****55 (IXPOST OOOKINO) MfIIMMM mntSliW ®*04M4 (EXPORT DOC), *****00 (IMPORT) mm U1 )44l URtiHTm//WWWJkCCORO.CO«LSO mMU rojw "pow ra iw nhtt ssin poit > msw (FAR EAST) (INDIA) (EUROPE OTHERS) (USA/CANADA) UB5«Q*
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      Page 37 Advertisements Column 1
      386 37 INDONESIA NATIONAL LINE TO EUROPE I iXPWESd 86*>-COWT>UNERIBEP SERVICE V»l VoT ADAM/I! DAM HIUHfI MIMtM AUTDtWP t VttttL 71/91 24/91 OMIT »T/I1 TO AUSTRALIA RJIX COWWWEB SERVICE V. r f*> IWPBTTH*" WW H mucwi »w|w»iw' 17/12 w« ant ant FiWBBRBB v.o3s|ivi2 iw *v» am ttrn aw »»i* mriMuttm. gigyT" 7
      386 words
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      Page 37 Advertisements Column 2
      895 37 f PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 CecU Street, #03-00 PIL Building, Singapore *****0. I CR NO: **********0E ffl II I 141 L2ZL2 14/12 M/i? 27/ ii w/ii i/i «/i I 03 BHI mm mil 2a/l2 i/V I/i I/i Tvi 19/1 I IWI OOQUMTT Hi 24/12 27/12 »/l 1«>1
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      Page 37 Advertisements Column 3
      811 37 I VESSELS VOY "ST" JED PSD LB4 HAM HTM THP ZEE VMXE D-AOUAWOS U23W 11/12 I*l2 24/12 30/12 31/12 03/01 02/01 OW VMJ-E DC TAURUS A23W IC/12 25/12 3QM2 QS/01 00/01 08/OI 06*01 OBflH VMXEDEANTARES L23W 23/12 31/12 03/01 12A)1 13/01 14P1 1401 1&P1 |WA£DEVWGO |S23W 07/P1 12A)1 ia/Q1 19AM
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      Page 39 Advertisements Column 1
      48 39 To retrieve more schedules, Just follow these simple steps... document g[iai 740-6000^^^P^^ tep JKwill be faxed JF %A the port inter your Step key in the four hone number &A > digit code Keyinyour Exampto: r-i-. fax number To NEW YORK (NYC) 2275 j for calls within Singapore vrff.v-
      48 words
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      Page 41 Advertisements Column 1
      342 41 SINO EXPRISS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE fSINOTRANSI S (*****7). TEL: *****90 FAX: *****08 V U44J TLX: R*****1 SINOEX < SINOTMNS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI 3Mm 9722 28/U OVl2_ 07/12 m JZa 05/12 M/ 12 13/12 P") m H >2/12 17/12
      342 words
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      Page 41 Advertisements Column 2
      234 41 PMSjN I USA^SST'^I MV "HYUNDAI EMPEROR" V.3081 MV "SEVEN SEAS CHARIOT" V.631E ETA SIN: 7-12-97 ETA SIN: 7-12-97 U| AUCKLAND ~1 MV "CAPE NELSON" V.245/97 MV "PRESTIGE" V.2BS ETA SIN: 14-12-97 ETA SIN: 13-12-97 FREMANTLE SHANGHAI MV "BUNGA BIDARA" V.401 MV "KOTA WUAYA" V.WJAO92 ETA SIN: 8-12-97 ETA SIN: 10-12-97
      234 words
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      Page 41 Advertisements Column 3
      122 41 HOPE 1 12/12 NarVWdm/AtWBnwVUK I SAMM FORTUNE 04/12 NaMWnVAtw/BmrVUK 1 I ST Rdm/AMirfßrwVUK I loads E7W. Malaysia, Indcnaaia J IS EKTAURUS I GIORGOS Dubat/BahrairVDamrnarVKuwart I I ORTUNE I I AdarVHodeiOaiVJactclafv Acjaba/E gyp* I BEKIR KALKAVAN CXjbaVA.Dhabk/BahrarVDamrnafVKuwaif I loads Singapore. E.W. Matayata. Indonaaia I handy RIVER Loa Angatoa/Naw Ortaan/ ChartaatarV 1
      122 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      854 42 shipping line ltd —15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****89 (INWARD) TLX: R*****0 CR HO. IM7MMMOO BOOKINGS CA LLPI RE C TLIN E: 22 22 941 /43 JE SSIC A/ C E LIA /M EI CHAN *****3K538E1 7 slgs/WEEK 3 slgs/week IvteteEL [W?
      854 words
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      Page 42 Advertisements Column 2
      385 42 NEWARK SHIPPING AGENCIES PTE LTD I 48-A Campbell Lane, Singapore *****1 s CHTTTAGONG I a* BOMBAY CALCUTTA p NHAVASHEVA u if" COLOMBO A a- MADRAS P DUBAI/JEBEL ALI 0 TUnCORIN R COCHIN E m KARACHI MALDIVES ALSO ACCEPTING ICD DELHI, ICD DHAKA CALL: (65) 294 0949 FAX (65) 294 9395
      385 words
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      Page 42 Advertisements Column 3
      511 42 PESS SIN FAR EAST 07/12 KEELUNG/KAOHSIUNG 07/12 BANGKOK 08/12 MANILA/CEBL) 07/12 JAKARTA/BELAWAN/SURABAYA 07/12 PORT KELANG/PENANG/E. MALAYSIA 02/12 BUSAN 07/12 TOKYO/YOKO/KOBE/NGO/OSA 07/12 HONG KONG SIN CHINA 07/12 GUANGZHOU/HUANG PU/SHENZH EN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 08/12 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 02/12 LOS ANGELES/NEW YORK
      511 words
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      Page 42 Advertisements Column 4
      483 42 Singapore Soviet Shipping jffi»Co. Pte. Ltd. CO NO: 100S*****00N BOMBAY VESSEL VOY SIN BOM PNG PKL ORIENT CORD 100N 00/12 10/12 20/11 30/12 HADOONQ HXQOOO 10/12 23/12 04AM 00/01 KOTA CAMAY* CAHIOO 22/12 30/12 12/01 14/01 TRADE FAOT TFS2O6 27/12 04/01 10/01 10/01 REGULAR MONTHLY RO-RO BREAK BULK SERVICE SIN/BOM/N.SHEVA
      483 words
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      1054 43 I (AftA MEWtmRAIMAN EXPRESS (AMI) WKTBOUNP SERVICE YQY W CM* I«N| KN I IfH I AMI fft MSCSOfHE 9747-3 OA DEC 10 DEC 19 DEC 21 DEC 23 DEC 26 DEC 27 DEC 28 DEC MSC MARTINA 9748-3 11 DEC 15 DEC 24 DEC 26 DEC 28 PEC 31 DEC
      1,054 words
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      Page 43 Advertisements Column 2
      1364 43 «a rmmr uumr swm Iw I w la m m |vtssa mbmt I shm Im I wpuw 1 not hkt Iwo 1 "Trmt' rro j 00. MM 1417 *113 Mil till mi mi 17.11 ILII M NOW KONG 2447 01.12 ttll "nil "mi nil "iilT oanum mi nu mi nn
      1,364 words
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      513 44 I" VESSEL VOY SIN MAA SIN I TIGER BRIOGE 586N 06-07/12 11-14/12 19-29/12 I TIGER BAY 587N 08-10/12 14-W2 22-23/12 TIGER WAVE 588N 13-14/12 17-2QTI2 25-26/12 I TIGER ISLAND 589N 15-Wl2 20-24/12 28-29/12 R TIGER BRIOGE 580N 19-20/12 24-27/12 01-02/01 TIGER BAY S9IN 22 2302 2801/01 06-06/01 IVESSEL^^^VOY^SI^^CA^^SI^I LHOTSE 341
      513 words
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      Page 44 Advertisements Column 2
      533 44 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapora *****1 Tal: *****66 (60 Linas) Fax: *****33 E-mail flesin@singnet.com.sg CONSOLIDATION SERVICE ARGENTINA ETD SIN SOUTH AFRICA ETD SIN BUENOS AIRES 17/12 CAPETOWN 07/12 CHILE ETD SIN DURBAN 07/12 VALPARAISO 10/12 JOHANNESBURG 07/12 GREECE ETD SIN SPAIN ETD SIN PIRAEUS 15/12 BARCELONA 11/12
      533 words
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      Page 44 Advertisements Column 3
      54 44 PROTOS MARINE PTE LTD 101 Upp* Cross Sir* #04-11 fopU's Pork CmKti Singapore *****7 fch *****31 Fax: $*****7 SINGAPORE TO lATAW DAILY CONTAINER SttVKi MONDAY TO RtiOAY U THE CONUINB TEtMIIIAL BNNF IS m HW M.V. FUIAI f707 W/IZ/97 09/IZ/97 M.V.RJUI T7W 10/12/97 10/U/J7 mJj mwfMttj'oi oU"SsSt'wwT'wiroirT (oinn rnnur* »nuiA«
      54 words
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      Page 44 Advertisements Column 4
      912 44 fl |OOajS i n 9 apore i Pte Ud CFS KappeJ |7f #11-80(5) *****0 *513 #01-121 tmmtv YSY, Vl ano n«7«7iooooN um ?m cld^T7;M WV/'A Ifct }?3MH fu 771 3142 F«» 272 7«2S L?_ TO u» I A I« m I«MI QOTtoimp Lh, m m In, In, IAniMJUNOOIK I 10/12
      912 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      98 45 LEGEND: R Thundmtorm T#mp«rotijr« c A^ V Show«f W.oth.r Wind (fraction with sp««d in knot* Rain yj Cloudy Sky Wov. height Wfoe. wind* «r« indicated by orr*r* which Hy with tfc. wind SOfcnott y~t, of 0.5 MM: 01 0 5 ntetr., 02 I.orn.tr., 03 I.srn.tr., «c VgJ C«Ytr. Of Tropical
      98 words
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