The Business Times, 10 December 1997

Microfilm: NL21061
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    11 1 TheBusinessTimeS MITA (P) 023/12/96 85e SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, DECEMBER 10,1997
    11 words
  • Article
    SUMMARY MARKET
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  • Article
    FINANCE
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    52 words
  • Article
    Suharto health rumours denied, but rupiah dives
    971 1  -  Plimge to all-time lew of 4,600 against USS will worsen private sector's woes From S N Vasuki in Jakarta THE Indonesian government yesterday cmm out to deny persistent fltaours which spread the region that was seriously ill, Wmh sent the rupiah plunging to
    971 words
  • Article
    COE for a Merc falls to a mere $50 – no kidding!
    514 1  - COE for a Merc falls to a mere $50 no kidding! Car agencies flooded with calls from potential biqrers By i Christopher Tan [SINGAPORE] In the clearest proof yet that prices of certificates of entitlement (COEs) to own cars can go down as well as up, COEs for big cars
    514 words
  • Article, Illustration
    Lock icon Bonanza for 300 car buyers
    208 1  -  -By Christopher Tan [SINGAPORE] Michael Lim is a very happy man. He was among the 300 or so people who landed a COE windfall yesterday. A director of Budget Rent a Car, Mr Lim will soon add a new Honda Accord to his rental fleet
    ARTHUR LEE  -  208 words
  • Article, Illustration
    OPH's Leong Horn Kee steps aside as head of nat'l devt GPC
    641 1 PM Goh decides on move as his positions could cause confnsioa to the public By DUnaOon [SINGAPORE] Prime Minister Goh Chok Tong has moved Member of Parliament Leong Horn Kee, who holds executive posts in the Far East
    641 words
  • Article
    KLSE drops 7% while region's markets slide
    351 1  -  Prom. Eddie Toh and R Sivanithy AFTER an exhilarating 11 per cent surge on Monday, the Malaysian stockmarket fell 7 per cent yesterday, the victim of profit-taking throughout the region and news that Malaysian steelmaker Wing Tiek Holdings had defaulted on some of
    351 words
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      124 1 /'fBVSQDCNB KHI ni ■■Kl Ckrnacy criac lbre SHTm CMH North Asia could dtwmine where Aaean currencies go from here, Hooey Matters, Pg 21 H SA Vr- V- J: I lJ] a l -A- inQustry parucipants 021 what they think of the newly-formed committees (itrtMwd to help 3 liberalise the industry
      124 words
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      196 1 i DANIEL ROTH j J Steef: Onfy r Danief OZot£ can turn it j J into a precious metal. UHMirTAKACK IN UNWAVfMM M PMCMtON AMO TMAMMCO AM A MAM POOMMIOM. CVUT DAMIU MTM TIMCMCCC NMAUTM M*H I NO I Of A DtCTNOUMMO NCMLOOM a Daniel Roth's first-ever Sports Watch, water-
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      Page 1 Advertisements Column 3
      17 1 KLSE to start trading at 9 am from Monday, Pg 18 Markets ia Taraoib more reports, Pgs3A4
      17 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      MAS open to changes and bigger role for private sector
      566 2  -  FDVAMCXAL SECTOR REVIEW Depaty director: we want to make sare roles and regulations de net stifle eatrepreaearsfcip By< Clarissa Tan THE Monetary Authority of Singapore (MAS) is open to future changes, and welcomes a greater role for the private sector
      566 words
    • Article, Illustration
      Lock icon Sharp rise in mobile phone users
      320 2  -  E7E ON THE ECONOMY Commerce By David Boey CHEAPER handphones helped ring in more mobile phone users. Figures com* piled by the Telecommunication Authority of Singapore show dramatic month-on-month increases in the number of mobile phone subscribers from April to September. Nudged along by
      Source: TAS  -  320 words
    • Article
      Merged ABN, CNBC to be based in Singapore
      574 2  -  HI office of CNBC to dose; son tfcu 250 in Asia; Europe and US wffl lose jobs By( Catherine Ong SINGAPORE-based Asia Business News Network (ABN) is merging with CNBC, a cable and satellite business news network based in Hongkong, as part
      574 words
    • Article
      Netscape sees revenues in Asian markets surging
      310 2  -  Firm new taking rat fir e-cemnterce partners in region By 1 Toh Han Shih INTERNET software company Netscape expects to double its revalues from Asean and the Indian sub-continent. Ramesh Nava, Netscape's newly-appointed managing director of Asia South, yesterday admitted that the US
      310 words
    • Article
      Redas to be less vocal from now on, says new head
      385 2  -  By, Ang Wan May THE Real Estate Developers' Association of Singapore (Redas) will now be "less vocal" to avoid being seen as a pressure group, says newly appointed president Daniel Teo. Mr Teo was elected president in an emergency
      385 words
    • Article, Illustration
      Lock icon Suzhou Park investors get strong assurance
      628 2  -  Problems faced by the park will be rewind, Jiang tells SM Lee By] Loh Hui Yin in Guangzhou INVESTORS at the Suzhou Industrial Park (SIP) have been given a strong assurance by Chinese President Jiang Zemin that problems faced by the Singapore-Chinese joint venture
      LIANHE ZAOSAO  -  628 words
    • Article
      SIP has priority over rival: chairman
      450 2  -  By 1 Lee Yoke Har in Auckland THE chairman of Suzhou Industrial Park Company Ltd (SIPC), Yang Xiaotang, said yesterday he would first promote the SIP to international investors wanting to invest in Suzhou, instead of nearby rival New District Park. H6 added that
      450 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon Tokyo to issue 10t yen in bonds for bank bailout
      653 3  -  Nikkei jumps 3.4%; controversial scheme to help banks buy forex also planned From. Anthony Rowley in Tokyo JAPAN'S government has come up with a plan to back a proposed 10 trillion yen (*****.5 billion) issue of public bonds, earmarked for
      REUTERS  -  653 words
    • Article
      Lock icon Economic recovery has stalled, confirms Tokyo
      314 3 Bloomberg [TOKYO] Japan's government yesterday confirmed what most investors have been saying for months: the economic recovery has stalled. After months of saying the economy was on the road to recovery, the Economic Planning Agency said in its monthly report that a series of
      Bloomberg  -  314 words
    • Article
      Lock icon Korean govt admits short-term debt exceeds US$100b
      298 3 FT AFP [SEOUL] South Korea's debt crisis took a sudden turn for the worse on Monday as the finance ministry admitted that the country's short-term debt exceeded US$lOO billion (Ssl6l billion), nearly double the amount it claimed during last week's rescue negotiations with
      FT; AFP  -  298 words
    • Article
      Lock icon Significant stress seen for KL, Manila financial systems
      377 3 SAP report also says HK bank earnings may face pressure Reuters [SYDNEY] Standard and Poor's Corp said yesterday the financial systems of Malaysia and the Philippines were likely to undergo significant stress over the near term because of excess credit growth in
      Reuters  -  377 words
    • Article
      Lock icon Indon minister orders state firms to invest in shares
      219 4 Firms asked to pat 1% of retained earnings in capital market AFXAsia (JAKARTA] Finance Minister Mar'ie Muhammad recently ordered state-run enterprises and government-owned pension funds to invest in the stock market, according to letters obtained by AFX-Asia. The letters were signed
      AFX- Asia  -  219 words
    • Article
      Lock icon Jakarta to convert state firm debt into equity
      276 4 AFP [JAKARTA] The Indonesian government has agreed to convert 800 billion rupiah (*****.8 million) of money owed by the state dockyard company PT PAL into government equity in the firm, a report said yesterday. "We have proposed that our debt to the
      AFP  -  276 words
    • Article, Illustration
      Lock icon No bail-outs for banks and finance firms, says Thai PM
      429 4 Govt will also probe recent performance of the central bank AFP [BANGKOK] Thai Premier Chuan Leekpai yesterday made clear his government would provide no bail-outs for the country's 33 operating finance companies and 15 commercial banks. The financial institutions, most
      AFP; REUTERS  -  429 words
    • Article
      Lock icon Securities Commission prods M'sian brokerages to merge
      340 4 Move to strengthen management and boost financial standing AFP [KUALA LUMPUR] Malaysia's Securities Commission is strongly encouraging mergers among local stockbroking companies, its chairman Munir Majid said yesterday. "Unlike the banks, the suggestions for stockbroking companies to merge have only come up recently.
      AFP  -  340 words
    • Article
      Bangkok mulls over separate privatisation body
      785 4  -  Move needed to stop vested interests that are stalling efforts From. Alan Boyd in Bangkok THAILAND'S new government may set up an independent privatisation agency to break the web of vested interests that is stalling the sale of one trillion baht (Ss3B billion) in
      785 words
    • Article
      Lock icon Merrill keen on HK, India, Taiwan for 1998
      384 4 Reuters [HONGKONG] Hongkong, India and Taiwan are Merrill Lynch's favoured markets in Asia for the coming year, mainly because they are expected to weather the Asian crisis better than others and recover more quickly. "We expect 1998 to be the year when
      Reuters  -  384 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      230 4 STANDARD POOR'S DIRECTOR/ASSOCIATE DIRECTOR, BUSINESS DEVELOPMENT CREDIT RATINGS Standard Poor's is the pre-eminent international credit rating agency with representation in 19 countries throughout the world including four offices in the Asia-Pacific region. Reflecting continued growth in business activities in the region, Standard Poor's has an excellent opportunity at the Director
      230 words
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  • SOUTH-EAST ASIA
    • Article
      Watchdog to verify Thai politicians' asset claims
      463 5  -  BANGKOK Those who make false declarations will be barred from politics for five years By\ Harish Mehta THAILAND'S richest politicians publicly declared their assets yesterday, but a sceptical anti-corruption watchdog is launching a probe to verify the disclosures. Officials say if the disclosures
      463 words
    • Article
      Lock icon Jakarta to rap Ansett, Silkair over discounts
      303 5 JAKARTA Reuters INDONESIAN Transport Minister Haryanto Dhanutirto said yesterday he would reprimand two Australian airlines and Singapore's Silk Air for offering discounted tickets on flights to and from Indonesia. The official Antara news agency quoted Mr Haryanto as saying at a local airline
      Reuters  -  303 words
    • Article
      Lock icon Pertamina to sell off non-core businesses: reports
      239 5 JAKARTA AFP Reuters INDONESIA'S state oil and gas company PT Pertamina will concentrate on its core business and sell off seven subsidiaries operating outside the oil and gas sector, reports said yesterday. Pertainina's general affairs director Baharuddin told Parliament on Monday that the
      AFP; Reuters  -  239 words
    • Article, Illustration
      Helping Asean banks face new era of giants
      622 5  -  ASIAXYXHW Next week's summit in EL most prepare region for mega competitors By Yang Razali Kassim jk S Asian banks and financial /I institutions struggle to stay on their feet amid the regional financial crisis, 1 others are growing bigger and .4.
      622 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      210 5 B(Z3 Lexus FIFTH ANNIVERSARY yIN«a r o K fThe Lexus ES3OO Now Comes i With Windows. When you register an E<S3OO before perform spreadsheets while cocooned in December 31 this year*, you 11 receive the leather seats, amidst strains of crystal clear HP36OLX Palmtop PC( with Microsoft music from the
      210 words
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  • FOCUS
    • Article, Illustration
      Flying the Singapore flag
      1313 6  -  Beer, property and hotels are some areas where Singaporeans have a strong presence in the China market By. Loh Hui Yin [HONGKONG] NG Jiak Hong says his entrepreneurial drive has to do with the fact that he is a first generation Singaporean. How else can he
      1,313 words
    • Article
      A witness to Shanghai's transformation
      541 6  -  JC Mandarin's first GM recalls the tough early days when the hotel opened in 1990 By\ Loh Hui Yin [HONGKONG] Shanghai presented a different set of challenges for hotelier Michael Ow. Unlike Ng Jiak Hong of International Beverages Corporation. who had no knowledge of the
      541 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon Zhu's 'no devaluation' vow aims to reassure foreign investors
      501 7 SHANGHAI Benefits of weaker' yum will be offset by damage to Bering's prestige: analysts Reuters CHINESE Vice-Premier Zhu Rongji's vow that the yuan will not be devalued aimed to reassure foreign investors of its stability despite sharp falls in other regional
      Reuters; FILE PHOTO  -  501 words
    • Article
      Lock icon China to grow 9% this year: reports
      505 7 SHANGHAI But inefficient state firms, prospect of mass unemployment mar rosy outlook Reuters CHINA was likely to finish the year with healthy economic growth and low inflation but money-losing state firms remained a nagging problem, official newspapers reported yesterday. Gross domestic product should
      Reuters  -  505 words
    • Article
      Lock icon China to crack down on stock market manipulation in '98
      271 7 BEIJING AFP CHINA will outlaw stock market manipulation and falsifying financial information next year, the official China Daily said yesterday. "People discovered trying to manipulate the market, falsify information, provide false verification and fake financial statements will face severe punishment
      AFP  -  271 words
    • Article
      Lock icon Aussie-China trade seen soaring
      363 7 BEIJING Downer. Canberra ready to further expand strong ties AFP Reuters AUSTRALIAN Foreign Minister Alexander Downer began a four-day China visit here yesterday with a prediction of fast trade growth between the two sides over the next few years, the official Xinhua news agency said. Mr
      AFP; Reuters  -  363 words
    • Article
      Lock icon Chinese flower industry in 4.8b yuan bloom
      223 7 BEIJING AFP CHINA'S rising domestic demand for flowers has spurred a bloom in the country's flower industry which logged a total output value of 4.8 billion yuan (***** million) last year, the official Xinhua news agency said yesterday. The export value for flowers
      AFP  -  223 words
    • Article, Illustration
      Lock icon A star is born in China
      71 7 [QINGDAO, China] The chairman of home appliance group Haier, Zhang Ruimin, in the showroom with a company mascot His company—whose motto is "Never Say No To the Market has been selected by Beijing as one of six enterprises to be groomed for international stardom.
      REUTERS  -  71 words
    • Article
      Lock icon HK steps up fight against 'bird flu'
      271 7 MHONGKONG Reuters HONGKONG authorities yesterday sought more overseas experts to investigate the deadly "bird flu" virus which is thought to have killed two people in the territory. Health officials also said they have found an anti-viral drug they believe can help fight the
      Reuters  -  271 words
    • Article
      Lock icon Citic Pacific cuts prices for HK apartments by 20%
      278 7 HONGKONG AFX-Asia CITIC Pacific Ltd said it has lowered the average sale price of apartments at its Paragon development in Tai Po by 20 per cent. The company said it has set the average sale price of the SO units for
      AFX-Asia  -  278 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
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  • ASIA
    • Article, Illustration
      Lock icon Chidambaram calls for limits on foreign capital
      269 8 NEW DELHI AFP INDIA has to limit foreign investment to manageable levels to avoid an East Asian-type currency crisis, Finance Minister Palaniappan Chidambaram said yesterday. Mr Chidambaram told a meeting of the World Economic Forum here that the affected Asian economies had erred
      AFP  -  269 words
    • Article, Illustration
      Lock icon India must ease import curbs, lower tariffs, says US
      397 8 NEW DELHI Daley wants to see better offers from New Delhi at WTO AFX-Asia US COMMERCE Secretary William Daley said India must relax curbs on its imports and lower tariffs to improve business relations with the US. Mr Daley said he
      AFX-Asia  -  397 words
    • Article
      Lock icon Only 45% of Aussies respond to republic ballot
      179 8 CANBERRA Reuters FEWER than half of Australia's voters have replied to a postal baUot for a convention that could decide to sever 200 years of ties with Britain and put the country on the path to becoming a republic. But both republicans
      Reuters  -  179 words
    • Article
      Lock icon Talks begin to end tension on last Cold War frontier
      516 8 GENEVA North reiterates demand for US to withdraw troops AFP [GENEVA] Delegation heads of the two Koreas, the US and China joined handl in a show of friendship yestefdby as historic talks began in Geneva to end nearly 50 years
      AFP  -  516 words
    • Article, Illustration
      Lock icon Aussie business confidence slips on fears over exports to Asia
      450 9 SYDNEY But faster domestic growth keeps companies upbeat, two surveys show Bloomberg AUSTRALIAN businesses are less confident about their future because Asia's currency crisis threatens exports to the region, though faster domestic growth is keeping them generally upbeat, two surveys
      Bloomberg; FILE PHOTO  -  450 words
    • Article
      Lock icon United Front to fight Indian polls on single platform
      430 9 m NEW DELHI But opinion pall says no political group will win clear majority Reuters INDIA'S 15-party United Front, which saw its minority government collapse last month after the Congress party withdrew support, said on Monday that it would fight a
      Reuters  -  430 words
    • Article
      Lock icon Asian woes will have little impact on NZ: treasurer
      426 9 WELLINGTON He forecasts rising economic growth and budget surpluses Reuters NEW ZEALAND'S Treasury yesterday painted a bright picture of rising economic growth and continued budget surpluses over the next four years, with Asia's forecast economic woes having only a modest impact.
      Reuters  -  426 words
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      9 9 ISIkTATI 9B Rent m car m i 1 Mm.
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      Page 9 Advertisements Column 2
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  • THE WORLD
    • Article, Illustration
      Lock icon Asian crisis may hit US growth, says Rivlin
      336 10 ZURICH But Fed official also sees it taking some heat off inflation Reuters FEDERAL Reserve vice-chair-man Alice Rivlin said on Tuesday that the recent turmoil in South-east Asia was likely to affect US growth but would probably also reduce inflationary pressure. "The
      Reuters; FILE PHOTO  -  336 words
    • Article
      Lock icon Asian offers on WTO pact still lacking: US, EU
      393 10 GENEVA Negotiators awaiting financial services offers from Indonesia, Thailand, inHi* Reuters FINANCIAL services industry officials from major powers yesterday said Asian countries would have to offer more market openings to foreign Firms to put a global pact in sight by the
      Reuters  -  393 words
    • Article
      Lock icon US bows to global greenhouse gas cut calls
      350 10 KYOTO Reuters THE US yesterday bowed to demands that it do more to stop global warming with a plan for the first time to cut its greenhouse gas emissions below 1990 levels next century. The cut was put at more than 2
      Reuters  -  350 words
    • Article
      Lock icon Leaders call for united European defence industry
      348 11 LONDON France, Britain, Germany want clear plan for cross-border mergers by March 31 Bloomberg THE leaders of France, Britain and Germany put their weight behind long-stalled hopes to unite Europe's fragmented defence industry, calling on industry leaders to lay out a "clear plan"
      Bloomberg  -  348 words
    • Article
      Lock icon France to boost mutual funds ahead of EMU
      205 11 PARIS Bloomberg FRENCH Finance Minister Dominique Strauss-Kahn said he plans to introduce a batch of reforms, touching mutual funds in particular, in a bid to promote Paris as a financial centre for the single European currency. In March or April the finance
      Bloomberg  -  205 words
    • WORLD Watch
      • Article
        Lock icon Swiss against US sanctions on banks
        72 11 Reuters [NEW YORK] Switzerland fought on Monday against any hint of sanctions by US states over its banks' handling of compensation claims from Jewish victims of the Holocaust. US officials meeting in New York debated whether states should consider imposing sanctions on Swiss banks
        Reuters  -  72 words
      • Article
        Lock icon Blair backs govt official over tax charges
        68 11 AFP [LONDON] British Prime Minister Tony Blair on Monday defended his Paymaster-General Geoffrey Robinson from allegations about his offshore tax affairs. Mr Robinson has threatened legal action against the Sunday Times and Observer newspapers unless they issue public apologies over reports about his
        AFP  -  68 words
      • Article
        Lock icon German jobless numbers still climbing
        50 11 Reuters [NUREMBERG] German joblessness continued its climb to post-war record highs in November, rising 11,000 on a seasonally adjusted basis to 4.526 million, the Federal Labour Office said yesterday. The pan-German unemployment rate remained unchanged from October at 11.8 per cent, the Bundesbank said. Reuters
        Reuters  -  50 words
    • Article, Illustration
      Lock icon Santa Clauses coming to town
      57 11 [RIO DE JANEIRO] Shoppers walking past what appears to be a pair of Santa Clausfigures scaling the facade of a Zona Sul supermarket in Rio de Janeiro on Monday. The Santa figures are actually dressed-up mannequins. The supermarket chain placed the Santas in front of
      REUTERS  -  57 words
    • Article
      Lock icon Toyota confirms building second EU plant in France
      216 11 PARIS Reuters FRENCH Prime Minister Lionel Jospin and Toyota Motor Corp chairman Hiroshi Okuda confirmed yesterday that the Japanese carmaker would build its second European car plant in northern France. The carmaker, which already has a plant in Britain, plans to create
      Reuters  -  216 words
    • Article
      Lock icon £5 bet on stock market spins £3m for Londoner
      150 11 ULONDON AFP AN office junior at a London finance firm who staked a £5 bet on world stock and currency markets' performances has created a £3 million (SsB million) fortune in a year. The unnamed worker built up his winnings by
      AFP  -  150 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
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      6 10 TODAY s^uapheJ^lxK)j 1 »riso%. «SB» IHB&SRf^ljrFiffiwKHMiM^Tviivjfii^nZiniTi*
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      100 11 Singapore Branch The Global Treasury Research Group at WestLß is seeking an economist to be based in the Treasury in Singapore. The successful candidate will cover, in the first instance, South East Asian economic and market developments relevant to the Treasury. S/he will be a key member of a team
      100 words
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      Page 11 Advertisements Column 2
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  • EDITORIAL & OPINION
    • Article, Illustration
      EU's global reach found wanting again
      783 12  -  OPINION THE BOTTOM LDVB By Shada Islam The writer is a Brussels-based journalist who contributes to BT ASIAN governments, grappling with their financial problems, may wonder about the European Union's continuing silence at recent events in their region. But there's no great mystery about
      783 words
    • Article
      IN OTHER WORDS
      96 12 'I don't think I am odd. The politics here is what is odd.' TnnlmklMn 1 j nmmirn iiiw*nTni Japan's Health Minister, refusing a U552,400 (553,877) stipend. 'What would you do when there is a coup d'etat? Cry?' Cardinal Jamie Sin Archbishop of Manila who was explaining to
      96 words
    • Article
      All eyes now on the renminbi
      666 12 EDITORIAL CHINA'S Vice Premier Zhu Rongji pledged afresh this week that the Chinese currency will not be devalued Everyone in this region hopes he will be able to stick to his pledge. After the South Korean won succumbed to relentless selling pressure, all eyes
      666 words
    • Article, Illustration
      Lock icon Economy to drive polls
      959 12  -  The real force for an early Aussie election will not be the native title issue, as is widely believed By] Peter Lynch The writer is a Sydney-based journalist who contributes to BT IF YOU believe the political spin doctors, the Howard government has no choice. Australians
      REUTERS  -  959 words
    • MAILBOX
      • Article
        Young professionals still lag
        190 12  -  Chas Chang BASED ON the ratio of average prices to average incomes, the property prices in Singapore are still very high as compared to most cities of developed countries like the United States, Canada, the United Kingdom and Australia. The Government should do a study on
        190 words
      • Article
        Are notebook price cuts in US$ terms?
        135 12  -  John Wallan THE percentage price cuts in notebook computers described in your article on Dec 8 must refer to cuts in the US dollar price in the Asia-Pa-cific region. At least, I can't conceive how else the companies could work it. It would
        135 words
    • Article
      WHAT THE OTHERS SAY
      425 12 Bof rtiert ted hi W THE only change in Hongkong's representation to the National People's Congress is that the delegates were selected yesterday rather than appointed, as in the past. That has not made the group any more representative of opinion as a whole In the
      425 words
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      35 12 DOONESBURY By Garry Trudeau Heu,GOop <v J iuveHERBNOMR&ZAIBU A&VGU eWWAtsT AlOtMMx OPOOUKSt* WYE d&EMGQING THROUGH A SURB.PEAR 7 ME pSuSi! a%OF roughmichi*TßMSOW* ISOMEHOW GOT AMD MHO XXJKCtP- °I AGRGCP TP 06COM& XXfc I RBCALLVOUAS f*sT
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Don't take a fashion risk at the office party
      730 13  -  Everyone seeks gossip at an office party. Don't be the subject of it advises robin oxvhan ROBIN GIVHAN LAT-WP AS THE office party season begins, invitations arrive cryptically instructing guests to come decked out in "festive attire", "holiday chic" or "dressy
      LAT-WP  -  730 words
    • Article, Illustration
      Lock icon The best 007 since Connery
      521 13 MOVIES That's what actors and directors of Tomorrow Never Dies say of Pierce Brosnan Reuters PIERCE Brosnan is the best James Bond since Sean Connery that was the verdict on Monday of the actors and director of Tomorrow Never Dies. The world's most famous spy,
      Reuters  -  521 words
    • Article
      Jaeger-Le Coultre donates to oncology fund
      266 13  -  U CHARITY By' Tan Su Yen TIS the season for giving and Swiss watch manufacturer, Jaeger-Le Coultre is entering into the spirit of the season by doing its bit for its chosen cause: the Kandang Kerbau Women's Children's Hospital. In March this year, KK
      266 words
    • Article, Illustration
      Inside that Dreamcoat
      337 13  -  PERSONALITY Aussie star who plays Joseph wanted to be doctor or accountant By\ Francis Lui DAVID Dixon, the singing and dancing hero of Joseph and the Amazing Technicolour Dreamcoat. seems to be as earnest and squeaky clean as the character he plays. He also appears to have
      337 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      318 13 I I A WEEKLY SUMMARY OF I I HOME NEWS I I AT YOUR FINGERTIPS I C~SA*\ The Straits Times Weety Edition brings you a crisp summary of the week's mqor happening in Singapore and in the Asean region. rrt p Covering new from social issues, politics, business, career opportunities
      318 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      187 13 THE WEATHER Stnfftporee Periods of showers, occasionally accompanied by thunder, will affect most parts of Singapore till evening. Temperature (29-24) AMmMo Hi/Lo- Good. Europe Hl/Lo* Goad. America HVLo* Cood. Aurtland 21/12 Cloudy Aaufcrdaai Ofcte (loudy Buenos Urvs 27 IS IVmth Bangkok »26 dandy Alms 1108 Cln* Mm 07/2 Cloudv Brrin
      187 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      68 14 GOLDIPFEIL GERMANY JLk IB i The Voyage Collection is made of an extremely durable and practical, high-quality twilled nylon fabric. The leather edging is in finest leather with a vertical grain. The strap is made from nylon, offering the same features as a safety belt. Trolley bags: $498 (left) $398
      68 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      227 15 3 OmnL%6 U/Uama 1a ,itJ«a J* J AM I A UniM Pranatd a Dmen Offers *****,000 FREE PRyjjjß i Where to dine Bnd enteruuiL** U imematwnar x rave i insurance, pie Hubertus Grill returns by popular demand or Xmas live Day and New Year'* Hve& Day only. Serving our rtnowned
      227 words
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      Page 15 Advertisements Column 2
      152 15 APOLLOHOm a 17C&S &pello buffet LtJpfTttND DINNER with Christmas items at Luna Coffee House Adult: Child: V 15 to 23 Dec' 97 w\\ f&Sfa "4. mm MOVE TO THE MOTION ENJOY THIS EXCmNG 6 PIECE FIUPtNO BAND NK3HTIY (EXCEPT SUNDAYS) FROM 7PM 12 30AM AND THEIR ENTERTAINING REPERTOIRE OF FAMNJAR
      152 words
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      Page 15 Advertisements Column 3
      132 15 Wishing you a season of^^SttVC cheer. all of us at the Royal Ct+wne Plaza. Call and ask about S tS °f t hc best Christmas culinary offerings, at Tel: 737 7966. MTU CROWNE PLAZA" lIIIIMII fimmmitf tkt hrnym! HtUby hm Gmmmt Pimm 25 Scons Km 4 Suffer 22*220 M (65)7)7
      132 words
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      Page 15 Advertisements Column 4
      201 15 P, h«i ia "Tfte&tl it ii S«a4ay Clattiflri this *aah«4. <§) Irs HIND HOTELS INTERNATIONAL LTD'S (owifCTOfjjM«ui I j>q ng. MWGAPORE) M B B Mitßl m^OPS^BWtoKember, WE RE GIVING U A 22^2BSBEEH at ALL OUR OUTLETS!! HURRY! DON'T MISS THIS OPPORTUNITY! NOT APPLICABLE WITH OTHEJt DISCOUNTS FOR RESERVATIONS, KINDLY CALL
      201 words
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      Page 15 Advertisements Column 5
      181 15 Spices of Sichuan j)j From 3-14 December 1997, savour cuisine from this province specially prepared by iwo specially chefs from Lai Lai Sheraton. Taipei. loin us as we bring you the best in Sichuan Cuisine served in the JT exquisite setting of Pine Court vr Chinese Restaurant reminiscent of the
      181 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      802 15 j TV&RADIO —Dick Jokes. 7.30 Tamil Seithi (News) (T). 11.45 Mad About You The 8.00 Berita 12 (News) (M). a.OO PM TV Innovations. Gym (S«? Our Choice). &30 Per in t is. 130 The Winners. iam AM Murder One Chap- 0.00 Kalau Dapur Tak Berasap 3.00 Money, Money, Money. ter
      802 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      333 15 CRYPTIC CROSSWORD 1 Foolish fancy upset Tory lead3 Two-timers hate to work over- jj 8 A fellow just wanting romantic HB| l&jg Wm SElflfif SH intrigue (6) 9 Store renegotiated premium 10 I I I around mid-October (8) ■■■I 10 Back right into a tree (6) jggj| SK SB SB
      333 words
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  • WIRED FOR BUSINESS
    • Article, Illustration
      Selling a virtual medium
      841 16  -  Spending budgets for online advertising are still tiny despite the potential of e-commerce, says raju chbllah RAJU CHELLAM THE numbers look big and bright right now. There are already 175,000 networks connected to the Internet worldwide, 650,000 Web sites, 34 million users and 70 million Web
      841 words
    • Article
      Tentative pact on 56k modems
      367 16  -  3Com Corp will have most to gain from the agreement, say industry sources By] Raju Chellam A TENTATIVE agreement on technical standards for 56 kbps (kilo bits per second) modem transmission was reached last week when 30 telecoms companies met in Orlando, Florida. The agreement
      367 words
    • BOOS marks
      • Article, Illustration
        X'mas shopping at The Gift Gallery
        93 16 "NO crowds, no queues." That*B the promise of hassle-free X'mas shopping made by Asia One Commerce'* new shopping Website, The Gift Gallery. Online shoppers who need gift ideas from this virtual store can choose from its range of CD-ROMs, phonecards and books. In the
        93 words
      • Article
        Citibank mirror site
        90 16 CITIBANK has mirrored its US Website in Singapore. It will use the latter as a platform for its Internet banking innovations taa the Asia-Pacific region next year. Singapore users can now access the Citibank site up to four times foster. Neighbouring countries such as Malaysia, Indonesia, the
        90 words
      • Article
        Seminar on Net infrastructure
        53 16 THE third Asia Pacific Regional Internet Conference on Operational Technologies (APRICOT) will bring together the world's top Internet professionals to develop a robust Internet infrastructure in the Asia-Pacific. To be held in Manila from Feb 16-30, the summit will consist of seminars, workshops, tutorials and conference
        53 words
      • Article
        Women in the forefront
        103 16 A SURVEY by the National Foundation for Women Business Owners showed that women entrepreneurs are more likely to adopt the Internet and new Net technologies for men. The report, which surveyed 800 businesses ih ttfe US, said that women raised their computer investments by 60 per
        103 words
      • Article
        Reuters selling online news reports
        90 16  -  Compiled by Francis Ang NEWS and information provider Reuters is telling its online news reports to Web publishers in Asia for broadcast on the Internet The new service is being offered to 15 countries in Asia including Singapore, Malaysia, Thailand, Hongkong and Taiwan. The news
        90 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      210 16 how do we make every customer feel like our only customer? As your business grows, don't you find it's difficult to give the that provide value for businesses on both intranets and same level of service to each and every customer the Internet. BF\ One transport company realised this. Callers
      210 words
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  • COMPANIES & MARKETS
    • Article
      DBS Land bags Bt Timah en bloc site for $84m
      504 17  -  Analysts say group may have to hold site for some years to maintain margin a By, Jenny Lam [SINGAPORE] Sole tenderer DBS Land has clinched the Casabella en bloc sale site at Duchess Avenue in Bukit Timah for $84 million
      504 words
    • Article, Illustration
      Lock icon IPC falls 23% to new low of 15.5 C, closes at 17.5 C
      526 17  -  Market cap has more than halved to $180 m from year's high By. Annette Pau [SINGAPORE] IPC, which once commanded a market value of over $1 billion, yesterday tumbled 23 per cent to become the third cheapest
      Source: Bloomberg  -  526 words
    • Article
      Hagenuk affair may put an end to IPC's telecoms plans
      683 17  -  HOCK LOCK SIEW Lee Han Shih THERE can only be two possible outcomes in the attempt to restructure Hagenuk. Either way could reduce to tatters personal computer maker IPC Corporation's plan to become a telecoms player. On Dec 5, Hagenuk,
      683 words
    • Article, Illustration
      Lock icon Hour Glass targets younger market
      393 17  -  By, Jenny Lam [SINGAPORE] The Hour Glass has created a new store concept called HG Sport which sells only branded sports watches and which targets 16-30-year age group. Located in Scotts Shopping Centre, the pilot shop, which opened last month, sells 15 brands of sports
      SIEW YAW HOONG  -  393 words
    • Article
      Datacraft Asia in US$7.3m acquisition
      200 17 [SINGAPORE] In a move that will strengthen Datacraft Asia's presence in China, the mainboard-listed company yesterday bought Hongkongbased computer networking company UCS Communications Ltd for US$7.3 million (Sill.B million). Datacraft Asia's chairman and chief executive officer, Des Althorp. told reporters after signing the deal to
      200 words
    • REGIONAL COMPANIES
      • Article
        Cosco Investment shifts focus from expansion to bottomline
        649 18  -  {Singapore arm of China shipping group cuts costs and ups revenue base h: Lu Ning [SINGAPORE] In what is seen as a shift away from its past focus on expansion, mainboardlisted Cosco Investment's top priority now is to create a solid base
        649 words
      • Article
        Lock icon Malaysia's only tinplate maker demands 40% price hike
        404 18 It threatens to stop output if tin can makers do not agree NST [KUALA LUMPUR] Malaysia's sole producer of tinplate, Perusahaan Sadur Timah Malaysia Bhd (Perstima), has threatened to stop production from March 1 if tin can makers do not agree to
        NST  -  404 words
      • Article
        Lock icon Lion Land expects moderate growth in '98
        128 18 Bernama [KUALA LUMPUR] Lion Land Bhd expects its performance for the coming year to show moderate growth, chairman Musa Hitam said. Measures undertaken by the government in preventing overheating of the property market would enable the group's core businesses to benefit over the
        Bernama  -  128 words
      • Article
        SES on Internet data
        81 18  -  LETTER TO THE EDITOR Peter Chia Public A/fairs Manager Stock Exchange of Singapore WE refer to the letter by Denis Distant (BT, Dec 3) on stockmarket data on the Internet. The Stock Exchange of Singapore regularly reviews its Web pages and takes into account feedback on
        81 words
      • Article
        Lock icon Tongkah to consolidate business activities
        267 18 It is also seeking partners to build np its core competencies Bernama [KUALA LUMPUR] Tongkah Holdings Bhd's strategy now is to consolidate its business activities and to seek partners to build up its core competencies, said Mokhzani Mahathir, its executive chairman cum chief executive officer.
        Bernama  -  267 words
      • Article, Illustration
        Lock icon Toyota's here
        44 18 [PARIS] A Japanese flag gracing the town hall in Onnaing, northern France, yesterday. The Toyota Motor Corp announced plans to make Onnaing the site for its next factory in Europe, bringing an estimated 2,ooojobs to a region suffering from high unemployment. AFP
        AFP  -  44 words
      • Article
        Lock icon KLSE to start trading at 9 am from Monday
        122 18 Bernama [KUALA LUMPUR] The Kuala Lumpur Stock Exchange (KLSE) will start its trading at 9 am from Monday half an hour earlier from the current 9.30 am. The exchange in a statement yesterday said the extended trading hours would provide investors
        Bernama  -  122 words
      • Article
        Lock icon Ting sells 22% stake in Pacific Chemicals
        266 18 Bloomberg, Reuters Reuters [KUALA LUMPUR] Malaysian tycoon Ting Pek Khiing has sold shares in Pacific Chemicals Bhd to Tiong King Sing, a Sarawak businessman and has ceased to be a substantial shareholder in the timber company. In a statement to the stock exchange
        Bloomberg, Reuters; Reuters  -  266 words
      • Article
        Lock icon Multipolar posts 35b rupiah 9-mth loss
        322 18 Bloomberg {JAKARTA] PT Multipolar Corp, the retail arm of Indonesia's sprawling Lippo group, said it suffered a loss in the first nine months of the year as interest expenses and foreign exchange losses surged. The unaudited results were provided by the Jakarta Stock Exchange.
        Bloomberg  -  322 words
      • COMPANY Briefs
        • Article
          Nippecraft back in the black
          78 18 [SINGAPORE] Homegrown stationery manufacturer Nippecraft has turned around with a $43,000 net profit for the six months ended Sept 30, against a loss of $4.5 million a year ago. Turnover rose 17 per cent to $36.2 million. The company said its performance would improve in
          78 words
        • Article
          Lock icon ST Engineering unit buys into firm
          51 18 AFX-Asia [SINGAPORE] Singapore Technologies Engineering said ST ShipbuiMing and Engineering Ltd unit STSE Engineering Services Pte Ltd has bought a 25 per cent stake in Aquagen International Pte Ltd for $1.99 million. Aquagen designs, manufactures and distributes waste water reclamation and sea water desalination
          AFX-Asia  -  51 words
        • Article
          DBS Land's Aussie unit sees good gain
          76 18 [SINGAPORE] DBS Land's listed Australian subsidiary AustralattJ Holdings said its full-year net profits could be 20 per cent better than its forecast of A 527.8 million (Ss3o million). "Preliminary estimates for the fUll year suggest a favourable variance of at least 20 per
          76 words
        • Article
          Corrections & clarifications
          42 18 Corrections clarifications THE Stock Exchange of Singapore has clarified that investors could still buy DelGro shares under the CPF investment scheme. However, they can no longer buy DelGro shares from today under a previous scheme that entitled shareholders to bus concession stamps.
          42 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon NYSE sees first Indian firm listing in next 12-18 mths
        341 20 Reuters [NEW DELHI] The New York Stock Exchange (NYSE) said on Monday it expected to list Indian shares in the next 12 to 18 months, and that at least 10 Indian companies would be listed within two years. "We expect
        Reuters  -  341 words
      • Article
        Lock icon Oracle's Q2 earnings hurt by slow sales in Asia
        374 20 Profit up 4.5% to USslB7m, below market expectations Reuters [PALO ALTO, California] Database software company Oracle Corp said on Monday its fiscal second quarter profit rose significantly less than Wall Street had expected because of slowing sales in Asia. "Clearly, Asia
        Reuters  -  374 words
      • Article
        New Macs better value for money than latest PCs: Apple
        345 20  -  New models available at special discounts for Christmas season By l Raju Chellam [SINGAPORE] Apple Computer says its newly launched series of computers promises "significantly better price-per-formance than the newest Wintel Pentium products". It said the new models, launched on
        345 words
      • Article
        Lock icon AT&T unit cuts stake in Smartone for HK$574m
        485 20 Move is to realise part of the excellent financial return, says AT&T official Bloomberg [HONGKONG] AT&T Wireless Services, a unit of AT&T Corp, has reduced its stake in Hongkong-based Smartone Telecommunications Holdings Ltd for HK5574.2 million (*****.4 million), said an official at
        Bloomberg  -  485 words
      • Article, Illustration
        Lock icon Shedding a tradition
        58 20 (STOCKHOLM] A Hennes Mauritz poster in Stockholm of British model Sophie Dahl showing off ladies underwear on Monday. This yearly tradition by the Swedish clothing manufacturer stirred up some controversy when critics faulted the company for using models who were too thin. This led the company to
        REUTERS  -  58 words
      • Article
        Lock icon Coke estimates cut on US$ concerns
        406 20 Bloomberg [ATLANTA] Coca Cola Co's profits from Europe and the Far East will be reduced by a strong US dollar in the fourth quarter and 1998, partly the result of economic turmoil in Japan, analysts said. Salomon Smith Barney analyst Jennifer Solomon lowered her
        Bloomberg  -  406 words
      • Article, Illustration
        Lock icon Murdoch confirms son Lachlan as heir apparent
        311 20 Bat he has no plans to step down and no succession timeframe Reuters [MIAMI] International media magnate Rupert Murdoch on Monday confirmed his son Lachlan as heir apparent to his global news and entertainment empire News Corporation Ltd. In an interview, Mr Murdoch,
        Reuters; FILE PHOTO  -  311 words
    • FOCUS: MONEY MATTERS
      • Article, Illustration
        Lock icon Clouds loom over North Asia
        1219 21  -  Japan's financial woes, threat to yuan may change the future of Asean currencies By. Larry Wee [SINGAPORE] IT WAS another nightmare week of new lows for Asian currencies even the Japanese yen was at its weakest this year against the greenback. And as South Korea,
        Compiled by BT; Source: Deutsche Morgan Grentell  -  1,219 words
      • Article
        What's behind credit quality
        438 21  -  Credit ratings allow investors to make discerning decisions TeU<£ how By< Cecile B Saavedra The writer is managing director, Asia-Pacific, for US credit rating agency Standard Poor's. [SINGAPORE] What are the risk factors that international rating agency Standard Poor's sees as relevant to evaluating the credit
        438 words
      • Article
        ANALYSIS
        399 21 Thai moratorium unlikely WILL Thailand declare a debt moratorium, as some local sources have begun to speculate? Our feeling is that the stakes are too high for both lenders like the IMF, as well as for bankers who've lent to individual Thai borrowers. At this point in time, such
        399 words
      • Article
        THE WEEK AHEAD
        301 21  -  Compiled by Larry Wee ANZ Investment Bank (ANZ), DMG (Deutsche Morgan Grenfell) and Independent Economic Analysis (IDEA). United States Today: A widening in the US third quarter current account deficit is widely expected. Compared to Q2's US$39 billion (5563.3 billion) shortfall, look for anything upwards of US$44
        301 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Big not always better in today's financial world
        547 22 SWISS BANKS' MERGER As US banks discover it's performance, not size, that's the name of the game NYT [NEW YORK] There is no question that, with about US$59O billion (***** billion) in assets, the bank to be created through the merger of
        NYT; AFP  -  547 words
      • Article
        Lock icon UBS, SBC tie-up a non-event in US
        416 22 Analysts see it lagging rivals in underwriting, advising in mergers Bloomberg [NEW YORK] Union Bank of Switzerland and Swiss Bank Corp are merging into the world's second-largest bank. Yet when it comes to underwriting securities and advising in mergers in the US, the
        Bloomberg  -  416 words
      • Article
        Lock icon Suit against Ernst & Young dismissed
        230 22 Suit against Ernst Young dismissed Bloomberg [NEW YORK] Ernst Young won the dismissal of a lawsuit filed by JWP Inc bondholders, who blamed their US$lOO million (Ssl62 million) investment loss on the accounting firm's audits of the company. US District Judge William Conner in White Plains, New York, ruled that
        Bloomberg  -  230 words
      • Article
        Lock icon New mutual fund index options
        416 22 Some say CBOETsjnst launched options too short-term oriented Reuters [CHICAGO] The Chicago Board Options Exchange (CBOE), hoping to capture another segment of the investing community, launched options on two mutual fund indexes on Monday, but some potential users said the options were too short-term oriented.
        Reuters  -  416 words
      • Article
        Lock icon AIG says it' s not fazed by Asian financial woes
        269 22 Bloomberg [NEW YORK] American International Group Inc isn't fazed by upheaval in the Asian and Pacific financial markets even though it has invested billions there in recent years. That's partly because the New York-based insurance and financial services giant has
        Bloomberg  -  269 words
      • Article
        Lock icon JGBs ease on Tokyo's bond plans
        226 22 SSMEX Report Reuters [SINGAPOREJ Simex Japanese government bond (JGB) futures eased yesterday, weighed down by proposals to issue bonds to raise funds in Japan. Japan's Prime Minister Ryutaro Hashimoto urged the Liberal Democratic Party on Monday to consider Seiroku Kajiyama's proposal to sell 10
        Reuters  -  226 words
      • Article
        Markets slip as technology shares decline
        153 22  -  MSCI TAIWAN FUTURES By Ms Cecilia Loh By Ms Cecilia Loh, Service Dealer, Refco Singapore Pte Ltd (SINGAPOREJ The Simex MSCI Taiwan Stock Index futures contract fell 3.9 points yesterday. The Taiex fell 68.7 points at 8,333.5. Technology stocks bore the brunt of the
        153 words
      • Article
        Lock icon Thailand to cut its oil reserves
        239 22 ENERGY REPORT Reuters [BANGKOK] Thailand, in a move to ease liquidity woes hitting the oil industry and to save foreign exchange, yesterday allowed the industry to cut oil reserves, a government official said. Refineries and retailers will be allowed to cut their local oil
        Reuters  -  239 words
      • Article
        Lock icon CURRENCY REPORT
        282 22 AFX-Asia Reuters London THE US dollar fell back below the 130 yen level in moderate late afternoon trade but remained firm against other major currencies, dealers said. They said there were some signs of US funds closing long positions, probably ahead of the release later this week of
        AFX-Asia; Reuters  -  282 words
      • Article, Illustration
        Untitled
        1346 22 DtTERBAMK CROSS RATES Dec9 AT «■> ECU Fir H 1W$ Y1 9m M M2»Hfc«Mp» 31 tmt W B| Amtrab 0.949 4178 0.602 1994 1193 11U ***** 30J49 0.170 9.717 2.439 U2f 29.451 ftOB 1.004 3w252 0 *72 ***** 243T9 0.«5 0468 CwA 1054 5.844 0.435 4210 1258 1441 27.414 *****
        1,346 words
    • Article
      COMMODITY PRICES
      1788 23 SICOM FUTURES Dec 9 MMKR (Mivm cMa« m at UOpa) S$S 1 CONTRACTS cwfcAe) Close VolWM Open Worth HH> lo* 5>tt (tomm) Interest JmTM CIOO 122.00 120.00 all 370 Fofc 96 122.00 122.00 ***** 100 750 Martt 122.25 1145 Apr/Jon 99 128.25 128.25 128.00 300 ***** Jtfftop96 133.00
      1,788 words
    • Article
      WORLD STOCK MARKETS
      2260 23 LONDON Industrials But Ptnc» 31 Group 514 .600 AB Ports 294 -2.400 Abbey Nation* 1020.400 -1.600 Allied Domecq 541.400 -6.600 Am* 128 -.400 Asda Croup 174.200 -.400 BAT M 556.400 5.400 BG Ptc 289.200 .200 BKX 173 -1 BOC Group 992 -2 BR Petroleum 847.400 -16.600 BTR
      2,260 words
    • Article
      Lock icon TOKYO
      1655 23 AFP Q Nikkei 225 +564JH JAPANESE share prices rallied yesterday, with investors encouraged by the government's plan to launch a new bond programme to stabilise Japan's troubled financial system, analysts and brokers said. The key Nikkei stock average on the Tokyo Stock Exchange surged 554.94 points, or 3.4 per
      AFP  -  1,655 words
    • Article, Illustration
      Lock icon HONGKONG
      1527 24 AFP kl Hang Seng -***** STOCKS ended sharply lower yesterday as investors turned cautious and took profit after a three-day winning run. The key Hang Seng Index of blue-chip stocks fell 232.28 points to close at 11,490.66. Turnover was HK$B.9B billion, compared with HK513.25 billion on Monday. "People are
      AFP  -  1,527 words
    • Article, Illustration
      Lock icon CHINA
      671 24 Reuters n Shenzhen B Index -0.40 SHENZHEN'S B share market ended slightly lower in slow trade yesterday, driven down by light selling after recent steady rises. The B Index slipped 0.40 point to 104.59 on turnover of HK$13 million. "The fall comes on the back of the recent rebound."
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  671 words
    • Article
      Lock icon TAIPEI
      387 24 AFP QWP Index -68.68 SHARE prices finished lower yesterday in broad-based selling as investors locked in profit after six consecutive sessions of gains. "Some cautious investors moved to take profit after the market posted a 13.5 per cent rise over the past week," said a trader. The TSE Weighted
      AFP  -  387 words
    • Article, Illustration
      Lock icon JAKARTA
      697 24 AFP Q Composite Index +LB9 SHARE prices rose a modest 0.4 per cent yesterday, closing off their lows as investors were heartened by an official denial of rumours that President Suharto was ill, dealers said. "As soon as the denials came out, the stock market turned around," said a
      AFP  -  697 words
    • Article, Illustration
      Lock icon BANGKOK
      832 24 AFP n SET Index -ILI3 SHARES dropped 2.8 per cent yesterday in a quick correction after posting sharp gains the previous day to welcome harsh government measures to clean up the finance sector. "Investors took profit because they lacked confidence in the market's direction over the short term," a
      AFP  -  832 words
    • Article
      Lock icon MANILA
      314 24 AFP Q Manila >2129 SHARE prices closed higher yesterday in year-end win-dow-dressing, analysts said. The PSE Composite Index rose 22.29 points to 1,979.50. Turnover was 1.2 billion shares worth 2.3 billion pesos. Philippine Long Distance Telephone gained five pesos to 925 while Ayala Corp rose 1.25 pesos to 16.
      AFP  -  314 words
    • Article
      Lock icon SEOUL
      413 24 AFP Q Composite Index -2&83 SHARE prices plunged 6.5 per cent yesterday to below the key 400-point level, with investors totally unnerved by the fall of the won and soaring money market rates. Dealers said tight liquidity raised fresh concerns that corporates may face big problems in securing funds
      AFP  -  413 words
    • Article
      Lock icon SYDNEY
      593 24 AFP All Ordinaries -4J2 SHARE prices slipped yesterday in a lacklustre session as the market began to slow down ahead of the year-end holiday season. The All Ordinaries Index fell 4.2 points to 2,582.8. Turnover was 276.5 million shares worth A 5751.3 million. Telstra firmed eight cents to A
      AFP  -  593 words
    • Article
      Lock icon WELLINGTON
      256 24 Reuters H Wellington +7J59 SHARES closed firmer yesterday as selected leading issues posted moderate gains but bond market weakness kept the positive tone in check. The NZSE-40 Capital Index ended 7.59 points stronger at 2,410.08, with Lion Nathan up seven cents to close at NZ53.92. mi .1 *h rmm
      Reuters  -  256 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8661 25 INDUSTRIALS Cmsmmt prefects 1997 List Vol Day Net Cap High Low Company gjfci 'OOP High Law P/t tmll 790 220 Afinomoto 254 -4 9 258 254 14.1 103.0 448 130 ingttu 170 1 203 172 165 3.9 250.7 905 245 ApoNo Food Hlg 279 -11 II 320 260 8.1 l".6
        8,661 words
      • Article, Illustration
        Lock icon Shares sharply lower on profit-taking
        511 25 AFX-Asia n Composite Index -47,32 SHARE prices closed sharply lower yesterday, led by widespread profit-taking following Monday's sizeable gains, dealers said. The KLSE Composite Index closed down 47.32 points, or 6.9 per cent, at 629.15 points. The Emas Index was down 9.61 points at 165.67
        AFX-Asia  -  511 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3701 26 •ONUS, LOANS ft WARRANTS WT 1W7 Last Vet Day La«t Ouete Aw% M«k Im Stno Campany u« OOO) MtgA Lew Buyer Se8er Price 68 15 m 3000 m AMDS cS.5%*****6 15xi -1 16 15.5 15 15 19 81 15 3160 'Acer ******1 US$ 17 -1 102 18 17 IT 18
        3,701 words
      • Article
        Parkway Holdings warrant looks promising but time is a problem
        183 26  -  WARRANT WATCH R Sivanithy PARKWAY Holdings was one of the few counters yesterday to do well in a weak market, so perhaps a review of its warrant might be a good idea. The numbers, however, are not that convincing, although
        183 words
    • Article
      CLOB INTERNATIONAL
      2222 26 MALAYSIAN STOCKS Gr Cr 1997 Lact Vai Day Laat Ouete M» Mv VM KM MC« li» Stwo Campawy Stk COOP) H>0> Lear Buyer Stfcf Cw P/l Sm8 478 68 msSOOO AIS850C 74 cd 8.5 535 85.5 73 73.5 74 5.0 3J 1.5 292 759 137 27.5 ms 5001
      2,222 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1740 27 TURNOVER COOO) VALUE ('OOO) we* cn» r»m m* en* t«w MutfrM 105,397 31,734 144,131 2UJ24 32.978 247,203 ttnanc* 14,924 10,749 25.673 144,607 20.464 147/071 Hot*)* 2.209 1,190 3.3*9 3.208 4»5 3,693 frvptrV* 11,794 13,885 25,679 44,357 5,720 50.077 K*M«ttan 4,754 4,754 MMn* 458 458 316 316 M.W 3.660 18,683 22.343
        1,740 words
      • Article
        MAIN BOARD
        5017 27 Or Of M Wt ,997 Last Vel Day Last Ouote Dlv ON YM Net Cap A*g Hlgn Law StNa Cempany Sate COOP) High Law Buyer Seller C'vr H P/t Smil Price INDUSTRIALS 197 33 a 1020 AC e DynamicS60C 38 -1 174 43 33 36 3a 311 38
        5,017 words
      • Article
        SESDAQ
        1181 27 Gr Cr M Wt 1997 Last Vol Doy LMt Ovot# ON D»v YM MM Cap Av« Low StNo Company Salo COOP) Mlgft Low Bur*' SoHor C »r P/I $mN Nci SESOAQ 186 76 0 2000 A8R HtogsSc US -2 23 1)5 US US 116 3.0 6.0 0.1 <92.9 60.0
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      • Article, Illustration
        HOT STOCK
        69 28  -  h9 Shiv Taneja HONGKONG LAND ctoeed nilw US cents tower at US$l.l6 on a volume of 3.73 million shares yesterday, compared with its lttitoy traded average of 199 million units. In the near term, the counter is expeUed to fall, though tt is unlikely to fall below UStllO
        69 words
      • Article, Illustration
        Lock icon Stocks fall in line with most regional bourses
        678 28  -  STOCK MARKET COMMENTARY Dealers say players turned cautions on news that Wing Tiek defaulting on its loans may be a sign of more such defaults in the near future R Sivanithy [SINGAPORE] The local stock market's rally on Monday ran out of
        Chart info from Bridge  -  678 words
      • Article
        Untitled
        215 28 Stocks Volume STEngglOc 44,132,000 Asia FoodiProp 14,950,000 •RUB Cap Wt99 8,901,000 SingTel 15c 7,299,000 •Magnum Corp50c 6,629,000 •Rekapacrfic Bh 6,393,000 IK Corpn 5c 5,549,000 •M Resources 4,850,000 •Multi-Purpose 4,712,000 •Innovest BM 4,334,000 Stacks STEngglOc 57.883,053 D6S Foreign 54.784,054 U08 Foreign 33,467,312 OCBC Foreign 27,668,157 SingTel 15c 23,339,050 F&N 20,402,518 SM
        215 words
      • ON THE GRAPEVINE
        • Article
          Like father, like son
          85 28 DIRECTORS of listed companies in Malaysia seem to be getting younger. Berjaya Group has appointed Robin Tan Yeong Ching, 23. as an executive director of the company. Mr Tan, who holds a Bachelor of Social Science degree in Accounting/Law, Joined Berjaya as an executive in 1996
          85 words
        • Article
          A job for Spiderman
          104 28 THESE days, even window cleaners are coming from Europe. The Pan-Pacific Hotel in Marina Square, for instance, has hired five British-trained technicians to clean its glass facade. Three of these highly skilled workers—whom Pan-Pacific calls its "Spidermen" after the comics hero—are expatriates. Introduced 10 years ago,
          104 words
        • Article
          Give me the fund manager
          199 28 THE last thing a large US fund manager like Fidelity Investments needs is more bad press, but these days it just can't seem to stay out of the news. According to a Bloomberg report yesterday, Fidelity's practice of limiting interviews with its fund managers is
          199 words
        • Article
          Going the extra mile
          79 28 WONDER what Singapore Airlines was thinking when it compiled its core values. Its core value on customers says: "Our customers are foremost in our minds all the time. We go the extra mile to exceed their expectations." While going the extra mile might be all right
          79 words
        • Article
          You don't say
          108 28 HANSA Success Enterprise is making a business out of selling protection against such devices as computers, handphones and pagers which it claims can damage your health. A brochure by the Arm says these devices bombard you with electromagnetic fields (EMF). It Author claims that EMF is linked
          108 words
  • Page 17 Advertisements
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      34 17 restaurants on the first levels. Business centre Dally housekeeping Multi-function rooms 1 Well-equipped gymnasium Swimming pool Tennis and 1 channel TV-linked tenant information system for bookings Hi I*l MWI f, Building Plan# 8P*****-1992 1
      34 words
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      101 18 SSI on kans anB foot without syenfriny an arm anß a lea (9f] course. Enjoy your slay in our luxuriously furnished Carlton Club rooms and suites complete with butler service, complimentary breakfast, evening cocktails and canapes. Carlton Club Room from Ssl9o**\ Suite from SS26o***. A member of Cartton Hotels Auckland
      101 words
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      Page 18 Advertisements Column 2
      24 18 -V I" I run a travel agency. The Straits Times Classified is the passport to my success. CATS. 1800-737-1166 Call Today For Results Tomorrow.
      24 words
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      Page 19 Advertisements Column 1
      140 19 Nice to meet you They may not know our name, but most people encounter us Customer needs get more sophisticated all the time, and we in the first few hours of their lives. Based in Krefeld, Germany, have a strong foundation for meeting them: 1,600 committed we re Stockhausen GmbH
      140 words
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      35 20 JOHOR BtHRUai FACTORYFOR SALE I JALAN TEBRAU I I H:: LAND AREA 61,000FT 2 i<MBfgmr *W-t™ 111 -J|- 2 TARGET COMPLETION DATE: Registration No.: S9/KM/16/04/94 (Pelan bil. IA-1J) DECEMBER 1997 CALL 745 4111 ex* 27
      35 words
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      Page 20 Advertisements Column 2
      57 20 JJRc Anniversary Celebration %1» 17 Nov-17 Dec '97 I I Get 4 Complimentary Desserts with j i every 5 main courses ordered per table i Valid for lunch only i PATARA FINE THAI CUISINE 2 STAMrORD ROAD. LEVEL 3 WESTIH STAMrORD. SINGAPORE (*****2) TEL: 339 1488 163 TAMQLin ROAD. #03-14
      57 words
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      128 21 Just imagine it at J.P. Bastiani: Roast Stuffed Turkey on the Wagon, succulent Fresh Oysters, Smoked Salmon, Christmas Pudding and Yule Log Cake... these are just some of the festive lunch treats you can enjoy. Executive Chef John Beriker's incredible Festive Buffet Lunch is only available from 8-24 December! That's
      128 words
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      78 24 GENEVE f'• J'V nrr r i f 7 4 ijftfil llltirial hinrkrr|M'r 4» JKaster of Complications it ">• r"~ i~m y V, i?. 'o v C I Mf C D C SINCERE WATCH LIMITED: SINGAPORE •\> W\(;l> 1: *1 < 1 JIINL L K L MXKINXS,,: \M 1 s M
      78 words
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      93 26 AwJtmo INTRODUCING THE MOVADO VIZIO: >^ ri^r Above Beyond V I A POST-MODERN PERSPECTIVE ON TIME. fHi ■tl. *n—.~itjmram wucn IV A A r\ f. The Movado Vizio™. fm# 1 ■m# I rm 7mF Solid stainless steel or steel/18K gold. apwQ*omWjich Centre I Y 1 V J \i M II
      93 words
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      92 27 iii Hf '.p 3ay TRADING ROOM FURNITURE 1 3E531 j 5 II I f IHHIiIIHMRSSK' Our dealing and broking workstations are 1 T. HUFI B J designed and manufactured in the UK by DAS |M a I If |H| Hi! f HhlM f lEEfijj to p 1 JI [~y Specialist
      92 words
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      539 28 BUSINESS Notices To advertise call toll-free 1800-741 1883 In (he Matter of The Companies Act. Cap. SO •MONT D'OR CAKE SHOP (PRIVATE) LIMITED (In Voluntary Liquidation) At an Extraordinary General Meeting *of Members of the company held at 10. "Third Street. Singapore *****0 on 8 December. 1997 the following special
      539 words
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      Page 28 Advertisements Column 2
      273 28 In the Matter of The Companies Act. Cap. 50 PKB-SCANIA CARGO SUPERINTENDENTS (S) PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of Members of the company held at 261. Waterloo Street #02-29. Waterloo Centre Singapore *****1 on 8 December. 1997 the following special resolutions were passed (A) That
      273 words
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      Page 28 Advertisements Column 3
      268 28 a LION TECK CHIANG LIMITED (A Company Incorporated In The Republic Of Singapore) COMPANY ANNOUNCEMENT Further to the announcement in the Notice of Books Closure and Dividend Payment Date dated 3 December 1997 and published in The Business Times edition of 4 December 1997 ("Original Notice"), the Company wishes to
      268 words
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      Page 28 Advertisements Column 4
      490 28 IN THE MATTER OF THE COMPANIES ACT. CAP 50 PURSUANT TO SECTION 290 <2)<B) AND IN THE MATTER OF CHINI INTERNATIONAL ENTERPRISES (S) PTE LTD (Member* Voluntary Winding Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 237 Selegie Road. #05-283 Selegie Complex. Singapore
      490 words
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      Page 28 Advertisements Column 5
      235 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SHIOK STUDIO PTE LTD ON MEMBERS' VOLUNTARY UQUIOATtON) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. SO. that the FINAL MEETING of tha members of tha abovenamed Company will
      235 words
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      Page 28 Advertisements Column 6
      27 28 Find a new owner for your apartment Make a move to sell your apartment to a variety of home owners quickly with a convenient, fast-acting classified ad.
      27 words
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      Page 28 Advertisements Column 7
      471 28 «q L 1 WAH SHING INTERNATIONAL HOLDINGS LIMITED (Incorporated in Bermuda) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of the Company wiH be held at the Juniper Room, Level 2, Orchard Hotel, 442 Orchard Road, Singapore *****9 on 29 December 1997 at 9.30
      471 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      305 29 Bridge News Reuter TRADING was steady for Panamaxes in the Atlantic and with a few more prompt cargoes appearing, brokers expect rates to continue to improve. The futures are working within predictions at the moment, Clarkson Securities Ltd said in its daily Bifitex report. The Baltic Freight Index
      Bridge News; Reuter  -  305 words
    • Article
      MARITIME STOCKS
      252 29 crmtrMiM.oj: *0.04 ChuanHup 0315 undi 107 CWMUmlrnilll _0.76 -033 S rrrtrtiMn 033 MM* m 0.33 *OlW S MiwHw 0.745 undi «0 HfcrMtMW 9,11 -OOI SS MCMMhai —HK MO JayallaMnai 039 undi 93 JWini »»tiH 9.15 -035 175 Kantd Car* 530 -035 939 Mppaircu «.7o o« m Kappal Martoa
      252 words
    • Article
      Govts urged to step up action against piracy
      483 29  -  Attacks still prevalent in Africa, Indian sab-continent, Latin America, S-E Asia: ASF meeting By Marcus Hand [SINGAPORE] Some governments are not taking enough action to deal with the problem of piracy on the high seas, according to the Safe Navigation Committee (SNC)
      483 words
    • Article
      Manila port's towage operators raise fees
      285 29  -  From. Alec Almazan in Manila [MANILA] Towage fees at the Port of Manila's two international terminals have been increased by 27.39 per cent from 6,337 pesos (Ss2Bs) to 8,000 pesos per tugboat. Malayan Towage and Salvage Corporation, which provides towage services at the South
      285 words
    • Article
      Time to let host of shipping measures on safety take effect
      737 29  -  STRAIT TALK By\ Seafarer IN recent years the shipping industry's regulators have been very active on safety issues, and rightly so. There can be little doubt that safety standards were, for all sorts of reasons, not what they should
      737 words
    • Article, Illustration
      Lock icon Dramatic rescue
      48 29 [LONDON] An RAF Sea King helicopter from the HMS Invincible hovers over stricken merchant vessel the Megane as it sinks in the Mediterranean. Six Lebanese crew were winched to safety by the Royal Air Force while the remaining seven were taken off by Italian choppers. REUTERS
      REUTERS  -  48 words
    • Article
      Lock icon Aussie maritime union threatens Dubai firm
      394 29 Company accused of training Aussie troops to be strikebreakers Reuters [MELBOURNE] Australia's powerful maritime trade union has threatened Dubai with the international wrath of shipping unions, accusing a company there of helping to train Australian troops as would-be strike breakers. The Maritime Union of
      Reuters  -  394 words
    • Article
      Adsteam Marine orders 6 new tugs costing A$42m
      231 29  -  From. Jerzy Farynski in Sydney TOWAGE and shipping company Adsteam Marine Ltd has unveiled an As 42 million (5545.4 million) contract to build six new tugs over the next three to four years that it said would increase market opportunities. Adsteam managing
      231 words
    • Article, Illustration
      Lock icon UK ports thrive on ro-ro trade
      1145 30 PORT DEVELOPMENT IK UK Ports in the mid to north of the UK are expanding to cope with rising traffic levels in Scandinavia and the Irish Sea Port Development International THE major UK ports of the Humber and their opposite number, Liverpool, on the
      Port Development International  -  1,145 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      371 30 FACE Fl-Bright 15 AM. 3 Famous 7 Abie K M Accord 8 FoongSw 8 Ahrenkiei 14 fr< *i '5 5 WUnks 16 Astro 3 GUnk 4 Austral 9 Gemartrans 8 ~Avant 16 Genshpg 9 Btang Mas 8 Glory Nav 16 BSA 7 Goiden
      371 words
    • Article
      SHIPPING GUIDE
      18977 38 EXPORT CTA CTA Advertiser Vessel Voyaqe Telephone ETA ETA Advertiser Vessel Voyege Telephone SIN DesTn Nam* Nam Number Number SM OmTk Mm Mm Nvmfeer H—toer 4MMM*NMn**MMB0*MMMWMMMnU*MMn0*NMMNM*0**MMMMMN M/12 24/01 TMM WAN MAI 221 N04} 45 220IH4 To ABIDJAN (ABJ) 2003 5S/ ,R <BUC> 2060 /vory Co*sf, Cofe D'lvoire Argentina
      18,977 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        680 45 Vtwl Voy Wo Bfth AitWiI Ptpftart jmM kiitn-ikm 1 J0» *mqM» 1'^®^ M Htrwnlui *****7 JOI E?;?&£ M SmII *****7 J01 tonpMt 10.12/0600 Mltwq 374/97 J04 aonpM* )?!?££5 Oartd I 1»7 JB «wpMl $222, Gaidl 4 9706 J02 ilongsW* #12/0900 Gk 0lh«ort3 0S7001 JO «jwgjta Guvu*nftJi 107 JM
        680 words
      • Article
        CONTAINER SCHEDULES
        1308 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Mine* Rjtti Ship Voy Wo Etb/Btr Etrtod From To Frow Ad LmMK out 04/1400 M 04/1500 00/14M OtfllOO 04/1500 0MM» 04/1100 "—It 1 mmm momo u tvnea wui 9Umc otmoo Mftut ovmo "-IT" WW W/2000 M WW OVUM OVW 04/W3C
        1,308 words
      • Article
        GLOBAL HOLIDAY
        192 45 DsolO Thailand: Constitution Day DMU Kenya, Mexico, Russia DM 13 Sri Lanka Dm 16 Bangladesh, Kazakhstan, S. Africa DM 33 Japan: Emperor's Birthday. DM 34 Austria, Bulgaria, Czech Republic, Denmark, Finland, Germany, Luxembourg, Portugal, Slovakia Sweden: New Year's Day. Switzerland: Christmas Eve. DM 25 Albania, Andorra, Angola, Argentina,
        192 words
      • Article
        COCKETT BUNKER MARKET REPORT
        885 45 THIS report, compiled by Cockett Marine CHI Ltd. shows price ranges in US dollars Instead at single price* for a more comprehensive description of the market Prices shown are baaed on average-sixed stem. Market movements are indicated. The Cockett Bunker Price Index change and the Individual
        885 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        368 45 Car** tto Mai 993.9 U 17 J 0.09 56 0.04 to S OMHitr Hatac HsMm Ask HuwMm Mtwit No above E2S 2 1 2 0 0 0 %M<t 300 Aw 985.1 0J U-2 0.04 34 0.02 ton 300 Mil 997.0 0.9 K.6 0.10 91 0.06 wn
        368 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Asian crisis may delay up to 60 deliveries: Boeing
        556 46 Growth in airline traffic expected to fall along with economic slowdown Bloomberg [SEATTLE] Boeing Co said Asian airlines may delay taking delivery of as many as 60 jetliners over the next three years because the region's economic problems are slowing growth
        Bloomberg  -  556 words
      • Article
        Lock icon Simple engine failure ruled out in Siberia crash
        366 46 Another factor most be involved, says Antonov designer Reuters [KIEV] The military plane which crashed in Siberia, killing dozens of people, is unlikely to have suffered a simultaneous failure of two engines without another factor being in play, its Ukrainian designers said.
        Reuters  -  366 words
      • Article, Illustration
        Lock icon Set to be world's largest
        64 46 [HONGKONG] Workers prepare the topping out ceremony for Superterminal One, to be the world's largest air cargo facility at Hongkong's new Chek Lap Kok Airport yesterday. The facility, which is expected to handle 85 per cent of cargo throughput at the new airport, will be
        REUTERS  -  64 words
      • Article
        Lock icon No ruling on BA-American alliance before Feb: Van Miert
        468 46 Reuters [BRUSSELS] European Commission competition chief Karel Van Miert reiterated that British Airways and American Airlines must give up highly prized slots at London's Heathrow airport and said it would be February before the EU could state Its view on the
        Reuters  -  468 words
      • Article
        Lock icon Daimler to double China investment to US$1b
        155 46 AFP [BEIJING] Daimler-Benz plans to double its investment in China to US$l billion (511.6 billion) by the end of 1998, the head of the German industrial giant, Jurgen Schrempp, was quoted as saying. "Daimler-Benz's direct investment in China is expected to top US$l
        AFP  -  155 words
      • Article, Illustration
        Lock icon Airbus board gives nod for long-range jet programme
        471 46  -  By\ Felix Chan [SINGAPORE] Airbus Industrie said its board has given the go-ahead to its US$2.9 billion (554.6 billion) A 340 growth derivative programme intended to challenge Boeing's dominance of the market for large, long-range jetliners. The European consortium has so far
        FILE PHOTO  -  471 words
      • Article
        Lock icon Garuda must sell assets: minister
        245 46 AFP [JAKARTA] Transportation Minister Haryanto Dhanutirto has announced that stateowned Garuda Airlines must sell at least 1 trillion rupiah (SS39O million) of its assets to stave off bankruptcy, reports said yesterday. "I have long ordered Garuda Indonesia to sell its assets but it has not
        AFP  -  245 words
      • Article
        Lock icon Airlines slam fee increases by Frankfurt airport
        250 46 Reuters [FRANKFURT] Airlines in Germany have attacked a proposed 4.5 per cent rise in 1998 passenger aircraft landing fees at Frankfurt airport and called for a freeze in charges instead. The Board of Airline Representatives in Germany (Barig), which represents 102 foreign and
        Reuters  -  250 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1400 46 cm fkht cu futwr no ort imp mrw a» !*■—i mm rns mm ma t+m* mm im $owo oib kmm» saoo iwo >hmhc czas ans ImUmtm man 0120 S032I 2330 feMl VN74 WO VKT42 0905 «U3T 640 U36 2335 SOI75 19# SOT76 1130 AacfcM ****** 2045
        1,400 words
  • Page 29 Advertisements
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      27 29 British prats thrive on roll on-roO off trade Ports in the mid to north of the UK are expanding to cope with rising traffic levels. Page 2
      27 words
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      Page 29 Advertisements Column 2
      263 29 Asian crisis may delay op to 60 deliveries Boeing Growth in airline traffic expected to fall along with regional economic slowdown. BaokPafe v< ---in-iininimniongM————————————— SHIPPING" Star Shipping AS is a leading carrier of forest products and bulk cargoes with a l| modern fleet of 45 open hatch vessel and 30
      263 words
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      1031 30 v :'i 1 —i vpsa I vor |mai|nosM| u |o«1vq I I mI m ooc nt woman wr |mnm»wmu |u>u^|u^ac[ 5£5« !St? ®S as K? sSS 8% gjg gs sa as 88 Bissrisigsl as Iss I™ I sa Isa Isa I HOMO KONG EXPtESS IMSS2 14/12 2S/12 09/01 11/01 11/01
      1,031 words
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      Page 30 Advertisements Column 2
      600 30 /Vv\ Unas services representee fgl:] by Members of me Registry of Accredrted Shipping Agents. Singapore Shipping Association Members of the Shipping Times Just talk to u& Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 x Jopon •2 x Hongkong -1 x Monjo_-_l x Kooshiung, K—lung (Accoprtng FCL to IKK/NAHA/SENDAI/COU/ICH a>
      600 words
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      1033 31 TO EUROPE FROM EUROPE Inssa VOY SM ItTM HAM MV SOU UN IvBSE VOY ITM HAM MV SOU UH PRC S>T| NDUOYDARKA 5497 11/12 01/01 30/12 03/01 OOQ. GERMANY 4477 21/11 20/11 17/11 11/11 10/12 MAAS 1497 12/12 20/12 30/12 02/01 03/01 NDUOYDASIA 4477 20/11 10/11 22/11 10/12 11/12 NEDUOYD
      1,033 words
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      Page 31 Advertisements Column 2
      2061 31 HANJIN SHIPPING U«A CANADA* WWI/VOT m OAM SW UMNAIA/VOT SU W IDM I(M BTT PW IMM I DOS IVM OK NTC TV« TTC Ytt Ttt m h. colobwq 02SI is/11 14/12 ukupkww/o* 00/oi n/01 ii/oi 12/01 u/oi u/01 u/oi u/01 is/Pi is/pi ly/ii TiToi" "iyoT "iiTir Ts/oi~ is/pi" OEOTANG AIUS
      2,061 words
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      Page 31 Advertisements Column 3
      98 31 r%w*w ORIENT EXPRESS LINES (U.K.) LIMITED llri, (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE vor siNotKmi nmu vtsstt vot iomiat awgog SNAR TQ6A 220 12/12 21/12 SINAR TQ6A 219 30/11 12/12 OOCI ADMIRAL 010 15/12 24/12 OOCL ADMIRAL 009 03/12 15/12 KEDAH 009 19/12 28/12 KEDAH 008 07/12
      98 words
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      Page 32 Advertisements Column 1
      1400 32 <<T DSR SEHA TOR bVa Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT mm wt m mw aht any ham fu[ m*||yma wr lua |fu I htm Imv I hmi I«m CHOYAMB VOUM WR7I IS.lt MOT MOl Mtl HCI PH aOl VLADIVOSTOK SEMTtM EE7tl 11.11 17.11 It.ll 911 fl.ll
      1,400 words
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      Page 32 Advertisements Column 2
      1080 32 Im ANG RfllNKs LJNE YM >- W*t> Sit* Mtp: //www.yml.com. tw liiJ E-ma*lAddr—» oOhp72Q.ynW.oom.tw HiEHiniiciMEininnisiiiisMDiinEzinHniinaEniiß ™o *«a.r evwy MJ«OAY,*UNQAY Y CMS RIM HAM FXT LEH AMR GIBRALTAR BRIDGE A749W 12/12 16/12 03/01 01A)1 31/12 05/01 MING WEST J749W 14/12 31/12 02/01 04/01 06/01 MED TAIPEI 53/A7SOW 19/12 23/12 1(V01 06/01
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      Page 32 Advertisements Column 3
      570 32 LINE TILi *****11 VAXi *****37 r MUARA j r LABUAN vosa w in in vissa vor m in SfOtl HUAJU SFOtf IN JFIOSFB VIOS/07 11/11 14/11 JPtOSPB VHf/07 11/11 IJ/11 tftt GUXT V3II/07 14/11 17/11 AfMGUXT V3II/07 14/11 21/12 inosrai vw/»7 10/ ii a/u inosra vw/v »/u m/ij mtootr vjh/»7
      570 words
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      1366 33 v«Baa. VOY SIN bkk pou pko PgM blw sur ba bik IRAN MEEZAN PJL-1201 11/11 20/11 24/11 MANTEYFOURI PJL-1260 13/11 24/11 MAM MOBIN PJL-1262 02/12 11/12 13/12 WAHWAHPAT PJL-1268 17/12 20/12 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIR6ISTAN, TADZHIKISTAN ft
      1,366 words
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      Page 33 Advertisements Column 2
      1749 33 CARGO TO C.I.S. ARIAS;! ST. PETERSBURG, RIGA, TALLINN, I iWiipilimit»AllfeiMOTP<iMli I" SINGAPORE'S GENERAI AGENTS: 6 SHtNTON WAT TBTJM INt (At 2MWM OUTWARD (l/L| tOSYAR IHIFHH6 Ml UP ni-nttiiu* saus/wcs «osm/«i inward dot to/oi *ms;is COSTAt AGENCIES (M) SDN BHD _CiniftJj7B7IOOOOOM *****50/55 T/SHPMT DIPT *****25 TIL 03-07-35 3im FAX: M-07-35M170 I
      1,749 words
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      Page 33 Advertisements Column 3
      550 33 I'jrs-, EASTERN CAR LINER, llft *iS«c!!r« f_fcj to. (smgapohb pthtp SPECIALIZEIH RORQ HEAVY UfT UFTO 122 TOWS Ea (SINGAPORE) PTE LTD LOADING FOR PORT KLANG/BllsrrULU/MJRI H LAEM CHABANG/KUCHING/ mv "DAISY T" v i A MUARA/ KOTA KINABALU ETA SIN FTA PKL 30/, ,/97 ETA BTL 04/12/97 ETA MIRI OA/12/97 1
      550 words
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      Page 34 Advertisements Column 1
      1222 34 [~SGP"| RDM ANW HSG TUP ZEE IHV IHV THP RDM ANW HOG Pitt S6P E RENOWN RW-028 13/12 82/01 07/tl #3*l OMI 10/01 07*1 E. GAALANO RE-061 22/11 21/11 23/11 25/11 18/12 E DAINTY RW-003 21/12 OMI IMI 12*1 IWI 14/01 E GLOWING RE-M2 21/11 27/11 20/11 *1/12 25/12 E
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      Page 34 Advertisements Column 2
      791 34 I -I\-/ J owwfl. twimmin 8»ch(0M)n«i7» -Gm-. mamla: (02) ttanti W BANGKOK: (862) *****07 SURABAYA: (31) *****8*$ P- KELAHQ: (QI)3HaP7 JKT {21)*****07 MOW: (81)tMM3 PUSAH USA/55N^^| MV ''HYUNDAI GENERAL" V.308E MV "HANJIN CHUNG MU" V.162E ETA SIN: 15-12-97 ETA SIN: 14-12-97 j lAE AUCKLAND MV "CAPE NELSON" V.245/97 MV "PRESTIGE"
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      Page 34 Advertisements Column 3
      437 34 re* NANTAI LINE FUU.Y CONTAINERISED SERVKE TO MAURITIUS SOUTH AfRKA rasa I vot an 1 pui I dw I or I «/mT aumwuM gg iy» 21/12 oi/n Mroimmi was u/12 »/i2 02/01 mi oi/oi MWUHMQ fits 21/12 W/Dl IVDI IMTOHBHS gg_ _MI 12/01 14/01 20/01 2V»I 601DBIMU60W OOK 12/11 g/Pl
      437 words
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      Page 35 Advertisements Column 1
      546 35 mm MYANMA FIVE STAR UNE (MyaaaMr Natiasal Übo) v L»o«ftag far Yotgo. (Rangooi) vissa voy sm mo mm reu hpa-ak now an PAIHBN 144W 11/12 MAIAYSM A6MTS: OOUSHAO SMfTNM ACOKKS KUL TU 01-03-1417)00 ML TU 01-01-*****01 rat m 01-04-*****01 Kfk TH 02-07-*****21/4 BANK LINE (A wfki «i Aadrtw W«ir SM^ptof)
      546 words
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      Page 35 Advertisements Column 2
      1246 35 ▲HYUNDAI MERCHANT MARINE CO. LIP. figi wr :3E ißMraiMTiHMHiMimn [vissa VOT KYOAMN I1«W 15/11 M/OI M/OI M/ 01 M/ 01 M/ 01 HYMNMAL MM »/ll 22/11 21/11 M/ 11 23/11 17/11 IS/11 NT WON M9W M/ 11 M/ 11 M/ 01 11/11 11/11 11/11 14/11 KY MKI MM 17/11 M/
      1,246 words
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      Page 35 Advertisements Column 3
      613 35 FAMOUS CONTAINER UNES (ICS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 g/ HOT LINE: *****33 (30 UNES) wg Put UK/KU: Mm.UXmZU: f DAILY SAILING TO r Mgg 9HHH v- <■ ATTRACTIVE RATES! 4 :~f v*■ *fWr/k CALL IVY FOR BOOKING *****33 P. KLANG PH: 0203/*****33 (20 UNES) PENANG PH: 0204/*****7 (10
      613 words
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      Page 36 Advertisements Column 1
      844 36 T MAMOKOK/LAIM CHAMANQ JAM AUTA/EAIIJANO VESSEL VOY SIN BKK LCH VESSEL VOV 81 JUT PJN BXO OCEAN OCNQ36 In Pt 13/12 MATHU BHUM 3638 11/12 13/12 XETHABHUM 221N In Pt 14/12 MATHU BHUM ***** 12/12 13/12 BAN! BHUM** 78H In Pt 13/12 14/12 OANU BHUM* 0178 13/12 18/12 XETHABHUM 221N8
      844 words
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      Page 36 Advertisements Column 2
      590 36 PUL INTERNATIONAL LINE POL UTEFNATTONAL ,n i m£Z BMH i wl vot m mt an mr stmazm^m ■Pip 111 SURABAYA 2 SL6S/WK v<i vot I 1 I g, I j ■PJWM 2 5165/W1 mMA I ua| n/i? W "MTi? W" I uuem num Ida f^XljSSL.^ l I™" w Iwt r"
      590 words
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      Page 36 Advertisements Column 3
      789 36 1 ACCORD A SHIPPING PTE LTD TE: *****13 (40 Linaa) FAX: SMOJSO MfTKUMB ls3)U7ltsl M M OMKT ACCESS TB.: *****55 (EXKMT aOOIONO) MStOSMW CTiUIIVJ 5A***** («XK)«T DOQ, *****39 (IMROtT) nuM t miiSJIUi MAtU f (11) *4**771 VAA/ foot m sin potr msm eoit to $m pot ni sm (FAR EAST)
      789 words
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      Page 37 Advertisements Column 1
      502 37 INDONESIA NATIONAL LINE TO EUROPE "1 EXPRESS SEHW-COHTAWERtSEP 3BMCC m I VOY I mma'dam Irm mam Antwerp A.VESSEL 21/81 24/11 OMIT 27/81 TO AUSTRALIA "T T RJLL COMPUNEW SERVICE ml wnMpß*t»fTiPiii m tn wa ha aol m KASUGAI fM|lVliWtt| 17/12 18rt2 Bfll tV\t M 0 KOLLOYD BBIBAIK MM|IVKWi|tVU -WO Sl2
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      Page 37 Advertisements Column 2
      801 37 f PACIFIC INTERNATIONAL UNES (PTE) LTD j imSSSSSS 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO **********06 SloWaar Iffm" iflii IftT nWrSBIBBm Ste j a/ 2 j/i j/j i/i 12/1 ffli jfit SSSflfiL £)iL. j*/ 12 ia/i Ta/i 53 ii/i u/i awn a/ 14/ i I is/ i«/j
      801 words
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      Page 37 Advertisements Column 3
      818 37 VE33&3 WY I JED I MLA S HAM THP RTM ZEE VIUgMUWM U23W 11/12 18/12 24/12 3>yi2 31/12 03/01 03/01 0401 VMEDE TAURUS A23¥l 17/12 28/12 31/12 08/01 07AM fiti fIMM iS6i Vt-LEDEAWTARES L2SW 23/12 31/12 03/01 12M 13/01 IVPI 1W 17/01 W-LEDEMROO 82&N 06/01 13/01 18/01 20/01 21/01 21/01
      818 words
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      Page 37 Advertisements Column 4
      28 37 /Cnorbulk\ I NORBULK CARGO SERVICES LTD I <FSf%> REGULAR CONVENTIONAL j [wmuuwmo m/m os/ii m/m/m/m I ■nokwutw 2s/ii CQuOMO/KDsarar B also uiaosmmh/mmwamndo roan I [momuuii mmm/mmm I w
      28 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      38 39 To retrieve more schedules, Just follow these simple steps... the port Step key in the four number digit code Key in your Exampto: r-L. fax number To NEW YORK {NYC) 2275 H United States for calls within Singapore
      38 words
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      Page 42 Advertisements Column 1
      1070 42 SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S PORE *****5 ■IHHI TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR HO. *****M0000D BOOKINGS CALL PIBECT LIME: 2 *****1/43 JESSICA/CE LI A/MEI CHAN 7 slgs/week 3 SLGS/week [vessel rvw —Ton TjSk vttttL IVOy frN Tsui SINAR NUSA
      1,070 words
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      Page 42 Advertisements Column 2
      407 42 NEWARK SHIPPING AGENCIES PTE LTD I 48-A Campbell Lane, Singapore *****1 s CHTITAGONG BOMBAY 1 CALCUTTA NHAVA SHEVA U WW 1 COLOMBO A MADRAS P DUBAI/JEBEL ALI O w TUTICORIN or COCHIN E m KARACHI MALDIVES ALSO ACCEPTING ICD DELHI, ICD DHAKA CALL: (65) 294 0949 FAX (65) 294 9395
      407 words
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      Page 42 Advertisements Column 3
      531 42 m FAR EAST 14/12 KEELUNG/KAOHSIUNG 14/12 BANGKOK 15/12 MANILA/CEBU 14/12 JAKARTA/BE LAWAN/SU RABAYA 14/12 PORT KELANG/PENANG/E. MALAYSIA 16/12 BUSAN 14/12 TOKYO/YOKO/KOBE/NGO/OSA 14/12 HONG KONG SIN CHINA 14/12 GUANGZHOU/HUAfIGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 15/12 LON/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SW USA/CANADA 16/12 LOS ANGELES/NEW YORK all
      531 words
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      Page 42 Advertisements Column 4
      564 42 Singapore Soviet Shipping &»Co. Pte. Ltd. CR NO: **********0N BOMBAv VESSEL VOY SIN BOM PNG PKL ORIENT CORD 107N 02/12 10/01 22AM 24/01 HAI XIONQ HXQO6O 16/12 23/12 04/01 00/01 KOTACAHAYA CAHI99 23/12 31/12 13/01 15/01 TRADE FAST TFS2O6 27/12 04/01 10/01 18/01 I l REGULAR MONTHLY RO-RO BREAKBULK SERVICE
      564 words
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      Page 43 Advertisements Column 1
      1189 43 i ASIA MBXTBtfWgAN IXPWESS (AMi)~ WiSTBOWtt) SiRVICg i I VESSa VOY SIN CM» 1 PIR GCN TKU l£H AN» IHI MSC MARTINA 9748-3 12 DEC 16 DEC 25 DEC 27 DEC \29 DEC 01 JAN Q2 JAN Q3 JAN N SHANGHAI 9749-3 18 DEC 22 DK 31 DEC 02 JAN
      1,189 words
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      Page 43 Advertisements Column 2
      1462 43 rasa www mbaw vm Ihw Imi la mm n» Ivcsa I «a—•l swb Im 1 wvw 1— 1 mct 1 wgo la—a Ino 1 ■i*us iw mn ii.n mi mil «ui oui mi miuioh mtj mi mi 1 I I I ilii iiui i;n "liii" NOMMH 1007 11.11 1111 1111
      1,462 words
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      Page 44 Advertisements Column 1
      525 44 TIGER WAVE 588N li-15/12 18-21/12 26-27/12 j TIGER ISLAND 589N 18-19/12 23-26/12 31-01/01 k TIGER BRIDGE 590N 23-24/12 28-01/01 0&-07/01 J TIGER BAY 591N 26-27/12 01-04/01 09-10/01 TIGER WAVE 592N 29-30/12 04-07/01 12-13/01 J TIGER ISLAND 593N 31-01/01 06-10/01 15-16/01 g IB^SSEL^^voy^Sl^^CA^^SlP<| IHOTSE 341 12-13/12 18-21/12 29-30/12 I xPRESS SPORE
      525 words
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      Page 44 Advertisements Column 2
      758 44 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg LCL FCL SERVICES FROM SINGAPORE TO SOUTH AMERICA BUENOS AIRES (BUE)/SANTOS (SSZ)/VALPARAISO (VAP) ETP SIN Etd BUE Etd SSZ EtdVAP CSAV Singapore VOO4W 17/12 17/01 CSAV Hong Kong VOO2N 18/12 22/01 Ever Gleamy
      758 words
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      Page 44 Advertisements Column 3
      1205 44 OOCL (Singapore) fte Lid CFS Keppel Disfrpk Fwk-khg 79 knm Rm4 #21-04 (S) *****6 8*513*01-128 t-mfry /7g\ i V CI MO **********0H W: 272 7U7 ca M 3269 SO VS* *****13 Fi 221 3942 fix: 272 7825 1 C^l NOCTN MHHU OTA/ CAMAM <> /UIfTBJUiA TO USA SGf SfO (Ml
      1,205 words
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      124 45 LEGEND: R Thunderstorm Temperature c A\ X Weother Wiod direction with speed in knots Rom Cloudy Sky Wov# Surfoce winds ore indicated by arrows which Hy with the wind On# fu# circle represents cotm or bght ond variable winds One ha# Heche represents 5 knots L— One full flee he
      124 words
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