The Business Times, 15 December 1997

Total Pages: 46
1 46 The Business Times
  • 12 1 THE BUSINESS TIMES MITA(P) 110/12/97 85€ SINGAPORE Internet- http://www.asial.com.sg/biztiihes MONDAY, DECEMBER 15,1997
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  • 51 1 fwriltgCT INDHSSi I Week Change m imm—#>M BT-SRl JB.74 -71« J KLSECOttP £74Jg 42.48 jBUtEl jTMi^.V-aO-ttg* HANG SENG 16.U4J6 -911* I SET INDEX MBJI BUB JAKARTA COMP 39SJS -4858 MANILA COMP..... 1554,74 -IMS SEOUL COMfl". -1M52 2p8K' V CL8A CHINA B—M8U2 -19.98 g ?AUST ALLOW)—2,494.90 4J! 9CW 75S8J9
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  • 1318 1  -  It is taking advantage of bail-out plans to reshape financial system in region From. Leon Hadar in Washington IF British economist John Maynard Keynes and US Treasury official Harry Dexter White were the intellectual driving force behind the original mission of the
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  • 71 1 [SEOUL] An elderly South Korean man on Saturday studying presidential campaign posters of Kwon Yong Kil, leader and presidential candidate of the Korea Confederation of Free Trade Unions. Supporters of Mr Kwon are protesting against the conditions of an International Monetary Fund (IMF) bail-out of
    AFP  -  71 words
  • 341 1  -  Electronics stocks expected to be weak on Nasdaq's L 4% fall By R Sivanithy [SINGAPORE] The local stock market faces a bleak and uncertain week ahead, with no respite seen in regional currency and equity markets and expected weakness in electronics
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  • 763 1  -  Fears of farther bad news deter them from returning to region From Andrew Marks in New York THEY call it the Asian flu on Wall Street, and it's an illness most money managers and investors are still afraid might be catching.
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  • Page 1 Advertisements
    • 156 1 ■Hiß m mßnrym^ Asme's new president v Derek Goh plans to spruce up the image of 9MEs and promote assistance schemes lor such firms, i Market bargains at i 'Penny stocks'may be set for a popularity revival as many shares fall below 30 cents apiece. But forget I about getting
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  • SINGAPORE AT HOME & ABROAD
    • 763 2  -  Global revamp will pat 1 or 2 product groups under S'pore, oat of about 12 such units By] Ronnie Lim SHELL'S global revamp of its chemicals operations will see Singapore becoming one of three coordinating hubs worldwide, the
      SIEW YAW HOONG  -  763 words
    • 357 2  -  EYE ON THE ECONOMY Construction By] Diana Oon TOTAL contracts awarded in the construction sector in the third quarter totalled $4.86 billion, about 5 per cent higher than in the same period last year. Latest figures from the Construction Industry Development Board (CIDB) show that
      Source: CIDB  -  357 words
    • 465 2 But if demand for big cars slows, COEs will be redistributed The Straits Times THE $50 Certificate of Entitlement for big cars this month was a "fluke" result which did not reflect any flaw in the time-tested COE system, Communications Minister
      The Straits Times  -  465 words
  • Page 2 Advertisements
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    • 118 2 Vim KOREAN AIR FLIES EVERY NIGHT. NON-STOP TO SEOUL- Korean Air flies nightly, non-stop from Singapore to these flights, three nights a week you can to Seoul. Which means after a hard day's work in fly to Seoul via Bangkok, and one nighty a week Singapore, you can get a
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  • ASEAN INFORMAL SUMMIT
    • 488 3  -  Currency turmoil features prominently in pre-summit bilateral meetings Reports by' Yang Razali Kassim in Kuala Lumpur THE second informal Asean summit started unofficially last night, with host Malaysia putting the International Monetary Fund on the defensive. Foreign Minister Abdullah Ahmad
      REUTERS  -  488 words
    • 891 3 Indon President Suharto will be absent as East Asian leaders meet THE second Asean informal summit is going on as planned at the posh, newly-com-pleted Palace of the Golden Horses hotel on the outskirts of Kuala Lumpur. But there is no doubt it will kick off
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    • 63 3 r»~n Malavan Motors Atsociate: BEST AUTOS LTD Dealer PREMIER MOTOR COMPANY SENDIRIAN BEPHAD ®WyBn j bc II Sukario Wiryopranoto Jakarta ***** Indonesia Gadong Light Industrial Complex N0.4 Beribi, Bandar Sen Begawan 3103, 45 Leng Kee Road, Singapore *****3 Telephone. 473 7755 I I Fax 629 e937 Negarl| Brunei DarusM am
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  • MARKETS IN TURMOIL
    • 636 4  -  Presidential hopefnls pledge to abide by the MPs rescue From'. Louis Beckerling in Seoul THE central Bank of Korea (BOK) is set to intervene heavily in South Korea's turbulent financial markets this week as fears of possible defaults on external debts intensified,
      REUTERS  -  636 words
    • 288 4 Bloomberg [TOKYO] Japan's ruling Liberal Democratic Party (LDP) may propose spending up to 15 trillion yen (*****.6 billion) in public funds to stabilise Japan's troubled financial system, said two LDP Lower House members, who requested anonymity. They said former Prime Minister
      Bloomberg  -  288 words
    • 242 4 Central bank chief urges calm as peso hits new low Bernama AFP [KUALA LUMPUR] The Philippines will be seeking a standby facility from the International Monetary Fund (IMF) next month in case of a contingency, President Fidel Ramos said here yesterday. The standby
      Bernama; AFP  -  242 words
    • 267 4 Bloomberg [NEW YORK] The US doUar could reach a five-and-a-half year high against the yen this week if a report shows waning optimism among Japanese business managers, souring investors on the yen. The Bank of Japan's quarterly tankan survey today is expected to reveal
      Bloomberg  -  267 words
    • 355 4 AFP [BANGKOK] Thailand's ailing economy will recover in 1999 with the country's plunging currency stabilising at between 35 and 36 baht to the US dollar, officials were quoted as saying on Saturday. The forecast from the National Economic and Social Development (NESD)
      AFP  -  355 words
    • 631 4 IMF terms my force them to print money to stimulate spending Reuters [HONGKONG] Asian nations suddenly facing economic hardship might risk fuelling inflation to provide the calming illusion of wealth to their citizens, analysts said. Countries already facing rising unemployment, a loss
      Reuters  -  631 words
  • Page 4 Advertisements
    • 1190 4 Aft ASIA PACIFIC BREWERIES LIMITED (Incorporated in the Republic of Singapore) »UUS FOB THE YEAII BCgP cpmn— 1«B2 HmncM StMnwit And OMdind Announcwwit The Directors are pleased to make the following preliminary announcement of the unaudtted results for the year ended 50 September 1997:Co Croup Co Croup Co Croup i
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    • 9 4 Korea's working class demand to be heard, Pg 7
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  • Page 5 Advertisements
    • 124 5 iv- 7 -M V H H v No One Covers Singapore Better Than Sing Tel Mobile. Absolutely NO One. i >V« At Sing Tel Mobile, our commitment to providing our subscribers with the best network coverage is I V^l unsurpassed. And now with over 1000 handphone base stations islandwide, Sing
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  • REGION
    • 493 6 WASHINGTON KL won't allow 100% foreign ownership; AIG must divest 49% of its equity in AIA AFP Reuters Bernama THE United States on Saturday warned it might "discriminate" against Malaysia until Kuala Lumpur drops a requirement that foreign insurance companies divest
      AFP; Reuters; Bernama  -  493 words
    • 479 6 JAKARTA Press reports quote president as saying he's in good condition AFP Bridge News INDONESIA'S state broadcaster in its early evening news yesterday showed a healthierlooking and smiling President Suharto playing with his pet mynah in the back garden of his residence. He was
      AFP; Bridge News  -  479 words
    • 127 6 KUALA LUMPUR AFP MALAYSIA'S third largest Malay-language tabloid, Watan whose shareholders include tycoon Vincent Tan Chee Yioun, businessmen Wan Adli Wan Ibrahim and Tengku Adnan Tengku Mansor was forced to close down when the company could not meet overall operating costs, a report said yesterday.
      AFP  -  127 words
    • 589 6  -  TAIPEI Protected financial markets helped ward off most ills By] Bruce Cheesman EXECUTIVES from Taiwan's top companies and senior government officials on trips to South-east Asia are tired of being asked the elixir for immunity against the region's financial meltdown. Several Asian leaders,
      589 words
    • 222 7 TOKYO AFP IN THE latest revelation of a link between Japan's securities industry and gangsters, a newspaper alleged yesterday that Nikko Securities Co Ltd made illegal payments to an underground syndicate. The Mainichi Shimbun said Japan's third-largest broker allegedly advanced a
      AFP  -  222 words
    • 608 7  -  KfITTBR FROM KWAMOJU, KOREA Workers protest against IMF conditions, inefficiency of chaebols By Louis Beckerling AS South Korean protests go, it is a quiet affair. The small squad of riot police in position at the exits from the square along with
      608 words
    • 328 7 WASHINGTON Some process made in talks on catting import curbs Daley Bloomberg A WEEK-LONG trade mission to India helped strengthen US commercial and political ties with one of Asia's most significant emerging markets, US Commerce Secretary William Daley said. "We had a very
      Bloomberg  -  328 words
  • Page 6 Advertisements

  • Page 7 Advertisements
    • 70 7 Failed Yamaichi to close down by end March, Pg 19 Mcitimque T H E IS®** stf ft The SHIRT Striking a fine balance between relaxed casual and upgraded leisurewear. fashion basic. The Shirt Collection. Av.nhblc .-It all InWc.ir Matinique shops Tangs Isctan Scotts Ise t S n Orchard Isct.in Kitonj;
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    • 276 7 PRIME OfFItCE SPACE FOR LEASE CONSIDER LOCATHM YOUR OFFICE AMONO OTHER PRESTMKNIS IENANT*. Situated just outside the restricted zone Close proximity to the MKT Station, CBD, shopping hub and other conveniences Ample car parking Shuttle bus service from City Hal MKT Station Intelligent telecommunications and building management systems Built-in structured
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  • THE WORLD
    • 531 8 PARIS OECD ays Japan's in a mt and blames internal difficulties and Asian turmoil Reuters THE OECD, in a key economic forecast, predicts that the current Asian markets turmoil could cut growth in the world's major developed economies by as
      Reuters  -  531 words
    • 151 8 LONDON Bridge News MAJOR world airlines are planning to cancel hundreds of flights on Jan 1,2000 due to fears that some countries' air traffic control systems may collapse because of the Millennium Bug, The Mail said yesterday. The paper said some countries could become "no
      Bridge News  -  151 words
    • 394 8 GENEVA Analysts debate on the future pursuits of global trade body Reuters THE World Trade Organisation (WTO) will seek a new focus in the drive to open up the global economy following the conclusion of a pact lowering national barriers to foreign banks
      Reuters  -  394 words
    • 270 8 WASHINGTON lliere is no sign of inflationary pressure on economy, they say AFX-Asia Bloomberg THE US Federal Open Market Committee will hold monetary policy steady at its meeting tomorrow given the absence of inflationary pressures in the domestic economy, analysts
      AFX-Asia; Bloomberg  -  270 words
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  • Page 9 Advertisements
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  • BUSINESS IT
    • 529 10  -  Company bullish about winning marketshare with 63 systems By. Raju Chellam [SINGAPORE] Apple Computer, which last week launched its new line of desktop and notebook computers running on the powerful G3 microprocessor, will manufacture the desktop models at its Singapore facility
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    • 166 10 Reuters [NEW YORK] DeU Computer Corp's chairman and chief executive Michael DeU said on Thursday that in coming years the company expects to conduct half of its customer transactions in cyberspace. At a keynote speech at the Internet World trade
      Reuters  -  166 words
    • 664 10  -  It also plans to pot them on the Internet From* Toh Han Shih in Hongkong CHIP giant Intel Corp plans to extend its networking products in a big way. It announced last week a strategy to offer a complete local area
      664 words
    • 269 11 [SINGAPORE] US networking firm Cabletron is offering products to combine voice, video and data in the same common multimedia network. This is part of an emerging trend to combine these aspects, which previously resided in separate networks, into a common network.
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    • IT TAKES
      • 82 11 [SINGAPORE] Microsoft said its investigators and representatives from Singapore's CID raided three more stores at Sim Lim Square recently and recovered "CDs containing millions of dollars in counterfeit software". Microsoft's corporate attorney, Christopher Austin, said: "We have initiated and conducted 25 raids
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      • 46 11 [SINGAPORE] Digital Equipment Asia-Pacific has appointed Ron Goh vice-president of Asean. He will be responsible for Digital's operations in Singapore, Malaysia, Thailand, Vietnam, Indochina and the Philippines. Mr Goh was director of marketing for Digital Asia-Pacific, before taking over this position.
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      • 66 11 [SINGAPORE] Tektronix South-east Asia last week cut end-user prices on its Phaser 600 solid-ink colour printer by 19.5 per cent, to $15,899. Tektronix said the new price is expected to "enhance the printer's appeal in the fast-growing market for wide colour prints". The Phaser 600 is
        66 words
      • 62 11  -  -Compiled by Raju Chellam [SINGAPORE] Epson Singapore has cut prices on its six-colour Epson Stylus Photo printers by 26.71 per cent, to $599. The printer offers high-resolution, photo-lab quality printouts through its six colour inks, fine gradation and smaller ink-dot size. Epson said the price cuts
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    • 432 11  -  Season: There will be savings in cost and cycle time By Toh Han Shih [SINGAPORE] Major Internet firm Netscape will step up electronic commerce in Singapore and the region next year, says its newly-appointed South Asia managing director, Ramesh Nava. Mr Nava told
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    • 531 12  -  Most big companies plan to spend about USs6.9lm each to tackle issue By Raju Chellam [SINGAPORE] WITH just two years left to Dday, just over 50 per cent of organisations in the developed world have a formal programme in
      Source: PA Consulting Group  -  531 words
    • 450 12  -  By Navin Mehta The author is vice-president (Operations Management Services), Digital Equipment Asia-Pacific. MANY companies have the misconception that outsourcing is an all-or-nothing practice. But this is not the case. They can choose to outsource one or more IT functions, such
      450 words
    • 326 13  -  It will help companies migrate to Web-enabled, distributed printing and scanning By\ Raju Chellam {SINGAPORE] The boom in the Internet and in corporate intranets will fuel HewlettPackard's strategy to help companies migrate from centralised printing and copying to Web-enabled, distributed printing and scanning.
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    • 134 13 AFP [SAN BRUNO, California] Aplio Inc, a French-American company, said last week that it is about to unveil an Internet device that slashes the cost of long-distance telephoning. The device, the Aplio/ Phone, plugs into a regular telephone as easily as an answering machine and
      AFP  -  134 words
    • ON THE SHELF
      • 58 13 EPSON Singapore has launched a high-resolution digital camera "capable of capturing images that are2v* times more detailed than low-res digital cameras currently available". Called PhotoPC 600 (above), the XGA resolution (1004 by 768 pixels) camera comes with flle-uploader software, a two-inch TFT screen and 4
        58 words
      • 97 13 DIAMOND Multimedia Systems has announced three new graphics accelerators cards, available immediately in Singapore. The Viper V 330 is targeted at entertainment applications and retails at 1960. The Stealth n 5220 (above) offers 90 pa- cent of V iper performance at 60 per cent of the price
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      • 67 13 DELL Computer last week said it was cutting prices 10 per cent in Asia-Pacific on select models of its OptiPiex desktop PCs running Pentium 11. The prices on the OptiPiex line was cut 14 per cent in July. Thus, the OptiPiex GxaM69oo running at 300 MHz
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      • 60 13  -  -CompOrt by! Raju Chellam SYBASE has introduced Power Designer 6.1, the newest version of its design toolset for building databases, data warehouses and data-aware components. The toolkit comes in modules for specific applications: Process Analyst at U551,496; Data Architect at U552,496; Warehouse Architect at U554,996; App
        60 words
    • 172 13 [SINGAPORE} IBM and Sun Microsystems has announced that they will work together to offer high-performance solutions for top-end applications such as data mining, financial risk analysis, bioinformatics and integrated circuit design. IBM said its range of software products targeted at large enterprises will
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    • 171 13 [SINGAPORE] Canon Marketing Services has announced three new bubblejet printer models that also offer scanning features. By replacing the print-head with the optional colour image scanner cartridge, the three models become colour sheetfed scanners performing at 360 dots per inch (dpi) with 24-bit colour,
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  • Page 10 Advertisements
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    • 364 10 NEC: THE ONLY THING BELOW EXPECTATIONS IS OUR PRICE. H I JH Ejmßjfev.. $2999 $1999 Versa 2730 M* Power Mate P22ooM** 133 MHz Pentium Processor with MMX™ Tecftnotogy Processor MMX Technoloflv 12.1* SVGA DSTN Colour Display Afl-m-1 (Floppy Drive, 16X CD-ROM. 1 44G8 Hard Disk in a Notebook) 25w8 Pipeta»
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  • Page 11 Advertisements
    • 199 11 now $488+++ Assorted Seafood Braised Sliced Abalone Cold Cats with Sea Cucumber Braised Superior Shark's Sea Perch with Minced Fin with Crab Meat and Garlk Dried Scallops Special Bean Curd with (Individual Bowl) Stuffing Smoked Sichuan Duck (,ndM<k,al Swing) (Boneless) Fried Rice with Soya Bean Crumbs Fried Lobster with Dried
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    • 348 11 University of South Australia PhD MBA Doctor of Philosophy In m WMig\ 13th intake March '98 Business ft Management H mlm cm. .ftT V .Designed to develop Innovation stn Intake —Marca and Creativity, Leadership, 100% in Singapore Min 3 years 0 s Entrepreneurial, Strategic Thinking High level of face-to-face contact
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  • Page 12 Advertisements
    • 61 12 Buy It. Sell It. Find It. Classified. Icaxsll Call Today For Results Tomorrow. 1800-737-1166 I Vf-1 V Photographed at the Miramar Sheraton Hotel, Santa Monica, California >> "iiTf'n'•• i Tw lifiM ijißnHnr a PEACEFUL PLACE TO SIT AND THINK, PLUS ALL THE BUSINESS EQUIPMENT YOU NEED TO DO &ATTL& F
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  • Page 13 Advertisements
    • 180 13 FACT-IBM Seminar i Real-Time IT Solution for SMEs II J| December 18,1997 I FACT Software international Re Ltd and IBM Singapore Re Ltd are pleased to I invite you to an exclusive seminar on December 18, 1997. This seminar has been organised to help the Small and Medium Enterprises (SMEs)
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  • EXECUTIVE LIFESTYLE
    • 638 14  -  The SDT rose admirably to the challenge of staging Anna Karenina, says chua soo pong CHUA SOO PONG THE Singapore Dance Theatre's triumphant production of La Traviata last year no doubt played its part in attracting a packed house to the Kallang Theatre on
      638 words
    • 638 14  -  MUSIC The SSO's cellos came op tramps in last Friday's performance of Beethoven's Ninth By] David Chow THREE performances of Beethoven's Symphony No 9 in D minor were given by the Singapore Symphony Orchestra and Chorus at the Victoria Concert Hall last week. On
      638 words
    • 697 14  -  CD REVIEW By Andrew Lim The Ural Queens, Handel Opera Arias and Dueta Catherine Bott, Bnma Kirkby (sopranos) The Brandenburg Consort, Roy Goodman (oondnotor) Hyperion CDA *****, 70 miimteo PRIMA donna rivalry has dogged opera ever since the art form was invented. Although it
      697 words
    • 417 14  -  AMP AIR NEW ZEALAND OPEN By. Nicklaus D'Cruz [AUCKLAND] Greg Turner set records yesterday when he took the New Zealand Open with a 7-shot margin of victory. He is the first New Zealander to win the Open title twice in 31 years and to win
      417 words
    • 666 14  -  CITIBANK/BT GOLF LEAGUE 24 teams kick off event, with a mere seven abets separating the first 17 teams Byi Alan Clark WATERFORD Wedgwood, newcomers to the Citibank/Business Times Corporate Golf League, made a great impression in the first leg of the new season at Laguna.
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  • Page 14 Advertisements
    • 52 14 SALUT RESTAURANT 8c WINE BAR "Border Cuisine' French ItaCian. fare 3-COURSE Christmas Set Lunch Menu AT $42+++ PER PERSON ISth 24th December 1997 Ideal for corporate or social Christmas (uncheons and gatherings To place reservations, request for the Christmas Set Lunch menu or location map, pCease caCC EXoise Onq at
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  • Page 15 Advertisements
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    • 183 15 APCX^HOT6I —hp— a family at polio For Goodie House Orders Call 733 2081 1 to 25 December *97 i i Ltvtl o rtnimSMm notei Hon loThun: spm-lain P»Wk Holuki\ spm- 2am Sun. Closed "i HAPPY HOWS* Singer's Hub frM »XoWo«The Coleman's KTV Lounge is (oopf jrrfr- < tnwyij > cosy
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    • 136 15 Wishing you a season of ch66T' fr om °f us at the Royal Crowne Plaza. Call and ask about our fij StS °f t he ken Christmas culinary offerings, at Tel: 737 7966. m ftOYAI CROWNE PLAZA* lIIUHII lUfti HakJgy km Gw fUi 25 Sewta lUmL Ssmgafn *****0 TeL (65)737
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    • 162 15 Buy It. Sell It. Find It. Classified. CATS. Call Today For Results Tomorrow. W*****1166 (Z&elebrate the festive LIDAYS AT Raphael RESTAURANT A I Indulge amidst the S&OFT GLOW OF CANDLES WITH A tEsANTAUSING 6-COURSE FESTIVE f j ONLY $62+++ PER PERSON. GREETINGS cat 7J7M66 &t. 06 c. a 1,1 !J<tolWlfc»qw»miltt7gUttta:nraM
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    • 144 15 Bfl Mandarin Qj Singapore Presenting... The Longest Buffet Spread at Mandarin's Annual CHRISTMAS FUNLAND 25 Dec 1997, Thursday 11am-3pm Mandarin Ballroom Join us for fun 8c games with fW|4F Hoe Alkaff Call 831 ffzffc for your tickets \^J^istmcu 333, Orchard Road. Singapore *****7. Tel: 737*411 i THE STORE HrfwrioH- Hof«l
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  • Page 15 Miscellaneous
    • 748 15 TV&RADIO n on 5! The Specialist (See (Variety). Our Choice). 7.00 Kavithai Paarungal 2.00 PM TV Innovations. 1030 News 5 Tonight. 730 Tamil Seithi (News) (T). 230 The Winners. 11.00 Business Day. 8.00 Berita 12 (News) (M). 3.00 Money, Money, Money. 11m Spin City Dog Day Af- 830 The Stories
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    • 266 15 CBTPTIC CROSSWORD 1 Nursery slope climbers (43.4) 9 Listen and learnt (4) S| 9| gg[ ££> gg 10 Let priest go to remove mis- chievous spirit (11) 11 Short cut taken when hunting HH HP"IBB THl~~jHPl| 14 In mental disorder I suffer 12 13 wHH jfl| 16 One providing cast-off
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  • THE AST ENTERPRISE PAGE
    • 640 16  -  Association's new head to spruce up image of SMEs, reports carol emo CAROL ENG ITS first things first for Derek Goh, the new president of the Association of Small and Medium Enterprises (ASME). On Mr Goh's agenda: sealing ties with the association's regional counterparts, sprucing
      FILE PHOTO  -  640 words
    • 464 16 Business Bytes SEVERAL computer manufacturers provide computer leasing services in Singapore. Alternatively, those in need of such a service can turn to Information Technology (IT) project financing companies that will finance the required computer hardware and software licences plus training, installation and maintenance services. Before
      464 words
    • 472 16  -  maker Becton growth potential there By Tan Su Yen TEN years after medical equipment manufacturer Becton Dickinson first set up its operations here, client education is still part of the company's mission in Asia. Chairman Clateo Castellini says the greatest potential for growth is
      472 words
  • Page 16 Advertisements

  • COMPANIES & MARKETS
    • 603 17  -  Cheap prices fail to draw investors; quality stocks sought amid uncertainty By; David Boey [SINGAPORE] The term "penny stocks", popular in the '80s, may regain favour again in market parlance. Quite a few counters on the main board and Sesdaq are now
      603 words
    • 708 17  -  MARKET MATTERS There are already signs the policy Is not sacrosanct By Eddie Toh AFTER 10 years of heady growth, Malaysia has finally come to terms with the fact that all is no longer rosy on the economic front. After months of being in "denial",
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    • COMPANIES
      • 661 18 Without a l&ndb&nk, it can now take advantage of a soft market to stock up Bloomberg [SINGAPORE] Singapore's Marco Polo Developments Ltd seems to have perfected the art of turning adversity into opportunity. Not having land holdings, for one, is turning
        Bloomberg  -  661 words
      • 287 18 AFP [BEIJING] The People's Insurance Company of China (PICC) plans to open a Southeast Asian regional office in Singapore to study the feasibility of setting up companies in Malaysia and Thailand, the China Daily said on Saturday. PICC group vice-president Wu Xiaoping said he
        AFP  -  287 words
      • 129 18 Bernama [KUALA LUMPUR] Malaysian National Reinsurance has reported a near 29 per cent decline in pre-tax profit to 34.2 million Malaysian ringgit (5514.9 mUlion) for the first six months ended Sep 30 from RM48.1 million in the previous corresponding period. Operating revenue was
        Bernama  -  129 words
      • 411 19 Fuji Bank to increase staff arts from 1,500 to 2,000 by March 1999 as part of restructuring report Reuters AFP [TOKYOI Yamaichi Securities, whose collapse last month was the biggest of its kind to hit Japan, said on Saturday it planned
        Reuters; AFP  -  411 words
      • 290 19 AFP [HANOI] Mitsui Co of Japan and the Thai subsidiary of Unique Gas have received a licence to increase their Vietnam investment to U5522.5 million (5537.13 million) to produce lubricants and solvents, a company official said. The licence allows Unique Gas and Petrochemicals Vietnam
        AFP  -  290 words
      • 159 19 AFP [SYDNEY] Broken Hill Proprietary Co Ltd, Australia's market leader, is set to record another disappointing profit this week when it releases its halfyearly results, analysts said yesterday. With lower copper and commodity prices biting, analysts expect the resource giant's earnings to be no
        AFP  -  159 words
    • INTERNATIONAL COMPANIES
      • 154 20 Bloomberg [LONDON] SBC Warburg Dillon Read, the investment banking arm of Swiss Bank Corp, will offer £500 million (551.37 billion) for art auction house Christie's International pic, a person familiar with the situation said. Directors of the 231-year-old Christie's were to
        Bloomberg  -  154 words
      • 434 20 Apathy marks the pact between Oman, Kuwait and Bahrain to cross-list stocks Bloomberg [MUSCAT] An agreement between Oman, Kuwait and Bahrain to cross-list their stock markets has failed to produce results nearly a year after it was signed due to "complete apathy", brokers
        Bloomberg  -  434 words
      • 243 20 Reuters [SEATTLE] The world's biggest personal computer makers said on Friday they expect to continue shipping Microsoft Corp's Internet Explorer browser on new units despite a federal court decision freeing them to leave it off. "We will continue to bundle IE 4 with
        Reuters  -  243 words
      • 250 20 Rognlator allows it to role on listings and to suspend trading Bloomberg [MILAN] Consob, Italy's stock market regulator, said it has approved a new set of rules granting Borsa Italia SpA, the Italian stock exchange, broader powers over exchange operations. Beginning on Jan
        Bloomberg  -  250 words
    • FINANCE & COMMODITIES
      • 475 21 CS Group says it is sticking by a strategy of selective additions, especially overseas Reuters [ZURICH] Swiss Reinsurance Co and Credit Suisse Group, two of Switzerland's financial powerhouses, broke silence on Friday to deny rumours of a mammoth merger plan. A joint
        Reuters  -  475 words
      • 313 21 Trading targeted for Dec 20, but no date set for law review Reuters [TAIPEI] Taiwan International Mercantile Exchange Corp said on Friday it was ready to launch the island's first futures exchange on December 20 provided Parliament enacts the necessary tax revisions.
        Reuters  -  313 words
      • 258 21 Bloomberg (LONDON] ABN Amro Holding NV, the biggest bank in the Netherlands, said it is in talks with Barclays pk to buy an investment banking arm of the UK bank, BZW Australasia. A spokesman for ABN Amro said that although the talks are in
        Bloomberg; Source: Bloomberg  -  258 words
      • 440 21 Bloomberg [ZURICH] The Swiss National Bank (SNB), in an unusually blunt statement, said it doesn't plan to raise interest rates from 19-year lows in 1998, to ensure an export-led economic recovery isn't hurt by a rising Swiss franc. SNB
        Bloomberg  -  440 words
      • 281 21 Bloomberg [NEW YORK] Deutsche Morgan Grenfell said it fired four US Treasury bond traders on Tuesday as it cuts back on the business of betting the firm's capital and focuses more on trading for its clients. While the firm, a unit of Deutsche Bank
        Bloomberg  -  281 words
      • Article, Illustration
        349 21 pucB Lgyporo rates MiwtwtPprwitwt ..I i 7* 7 Vl 'S| Im> Ihwwb ftwt.. T j ItwWAlnMiwi 7w i i n j 1 I nail*—sni 7H iiHTrfinnrfma t ■He* 'nil li-T-'- ff sajrofti ■atata tat ssr M a SMlfeHk iU S "rZ JftP, j Ac tS§ ;^r r,.;,. ,1 tai i
        349 words
    • COMMODITIES & FUTURES
      • 565 22 SiMEX, Weeklyßoundup Further won weakness seen from it hitting limit down almost every day {SINGAPORE] The latest official estimate is that South Korea has US$lOO billion (Ssl6o billion) of short-term external debt i.e. debt due within one year or less. That is the restated
        Source: Simex  -  565 words
      • 845 22 COMMODITY Weekly Roundup AFP [LONDON] Widespread selling of gold contracts, notably by the hyper-speculative investment funds, knocked the precious metal down to its lowest level in 18 years last week. As gold continued to lose its shine as a safe-haven
        AFP; Source: Bloomberg  -  845 words
    • 1482 22 SI COM futures Dec 12 KUHa<Mnitk)*««tfUQ*aO Cl»# lotom* .09* mm Mfli tow S«tt OwwD tataurt jhm ti9.5o mso moe so 370 M 98 M-25 750 M* 98 ***** 200 946 ABT/JM 98 128.00 ***** ***** 1050 CfiOO s&s as st M a js 5T5j 6250 62J50 6100 BO
      1,482 words
    • 3888 23 Nit Mm m MMC* Oct 29 I Ut2 10U 1* 149 Dot* TV Vf TY IV MM HMqt Soptft P 7321 *098 Ciapawy mm (M (tat fMl (its) MOM5 Sopti* I »w ■————mmmmmmmm. MNC8* NO* 28 P MO.001 3 J 991 275 *0 AM05* Nw» I
      3,888 words
    • SINGAPORE WEEKLY MARKET OUTLOOK
      • Article, Illustration
        223 23 Market outlook ANOTHER fresh wave of contagious sell-down in regional currencies and regional stocks sent Singapore stocks reeling down 4.7 per cent with the Straits Times Industrials Index closing the week at 1,632.98. Political and economic uncertainties in South Korea and Indonesia took a toll on other Asian currencies
        223 words
      • Article, Illustration
        79 23 SEMBAWANG operates as a ship repair, marine services, offshore engineering, trading aircraft maintenance company. It is also into property construction, power and utilities. Sembawang Engineering has just won a US$33 million contract from Sweden's Chematur Engineering AB to build a hydrogen peroxide plant in Indonesia. Its core business
        79 words
      • Article, Illustration
        90 23 THE slowdown in the property market and financial sector will certainly impact on Keppel's earnings. On the other hand, Mobile One, partly owned by Keppel Corp and the second mobile telephone service provider, is making some headway and is expected to break even earlier than previously expected. Keppel
        Source: Bridge Info  -  90 words
      • 263 23  -  Source: Analysed by Peter Coker a director of Bridge Infl Broking Relative Strength Index RSI measures the rate at which prices move. As a rule, an RSI above 80 indicates an overbought condition while RSI below 20 indicates an oversold market. RSI is more effective in detecting
        263 words
    • MARKET REVIEWS
      • 427 24 NEW YORK Investors fear turmoil will eat into profits and increase competition Bloomberg AFP BLUE chip stocks on Wall Street lost many of the gains of the previous week, largely because of concerns about the ongoing financial crisis in Asia. The Dow Jones
        Bloomberg; AFP  -  427 words
      • 878 24 -na THE Australian bourse should perk up in the coming week after suffering some damage as the shockwaves from Asia's financial crisis bounced around the globe, brokers said. "I think it will (recover), bearing in mind Australian markets are going into the festive season so they do
        878 words
      • 451 24 TOKYO AFP JAPANESE share prices are likely to remain depressed in the coming week, with market participants discouraged by the deepening financial turmoil in South Korea, brokers said. "Stock prices will be under pressure next week, as the economic crisis following the
        AFP  -  451 words
      • 1395 24 PPmm -7M3 FRENCH stocks are set to rise in coming weeks, money managers said, as concern over the consequences of Asia's economic crisis eases and France's long-awaited eco nomic recovery materialises. On Friday, the CAC 40 Index rose 1.81 points, or 0.6 per cent, to 2,830.26 but
        1,395 words
      • 462 24 LONDON AFP THE London Stock Exchange fell along with most leading bourses last week, as the contagion effect from the financial turmoil across Asia spread around the globe. The FTSEIOO Index of leading shares fell by 97.7 points, or 1.89 per cent, to
        AFP  -  462 words
      • 305 24 HONGKONG AFP EASING interest rates and Christmas cheer are expected to lift the Hongkong bourse in the coming days after a dismal week saw the key market barometer drop a hefty 7.9 per cent, dealers said on Friday. The Hang Seng Index's 10,000-point psychological
        AFP  -  305 words
    • KUALA LUMPUR STOCK MARKET
      • 8784 25 mmrnrn nMl CnsiMf prefects tMT Last Val MM Hot Cap L— Company m -000 Hlgtl Lew P/I T 9C 220 Aimomoto 250 10 M 2*0 24* 13.8 W1J 444 130 tngtiu 139 -IS 1337 175 W 12 20S.0 •OS 245 ApoMe Food Hlg 2S5 20 M 320 255 7.4 102
        8,784 words
      • 421 25 AFP LJ Composite Index -32.48 MALAYSIAN stocks are expected to see a boost on a technical rebound this week after slumping 5.3 per cent in a volatile week to Friday amid domestic and regional economic uncertainties. "The bourse could move upwards, touching the 700
        AFP  -  421 words
    • WARRANTS & OPTIONS
      • 3644 26 BONK. LOAMS i WAMUNTI >■ Ml LMt Vol Waak Last Ouoit Av« Hm u. Stna Sat* «ar- COOO) Mt* Lo- Buyar Sa«ar Plica M 14 ~m 3000 mAM08c5.5******6 ,4 f J? IS »< m< 1* I 81 31*0 -Acar******1US$_ «3 -2-5 293 18 15.5 15.5 16.5 131 21 3164 Acma
        3,644 words
      • 161 26  -  WARRANT WATCH -By] R Sivanithy THE CK Tang warrant has some interesting attributes which suggest it could provide some returns for those prepared to wait. The warrant expires in August 1999, so time is not yet a problem. Its exercise
        161 words
    • 2034 26 Or Gf f997 Last Vol Waafc Lot Ouott 0t» M» Y* Mat MC« MgH L— Stwo Mm COOO) High la» 8uyr So-r Cw P/K $W 478 68 miSOOO AISBSOc 70 cd 1 2060 86 693 705 72 10 33 13 28.1 713 137 27.5 m 1 SOOT AM0650c
      2,034 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1325 27 TUMOVCt COOO) ¥AU* COOO) mm cm mi mm cn> r*6i mtatrw 429,395 msn 639.994 1,051.590 IWJJ U Ji°U! FDMAC* 66,944 *9,023 157.967 90*93 12\607 M.J00 HotMs 13,431 6.324 19.995 >8.224 2,678 20.902 37,417 70,932 U*349 2*496 2*951 247,447 PtanUttco 21.732 ***** <4«« VM96 MMno 2.303 2,303 1.539 1.539 BtW 19L770
        1,325 words
      • 4899 27 Or Of M Wt M07 Last Vo4 WHt Lest Quote M* M» V« HK Cap Avg Hlgtl stNo Company Sale COOP) High Law Buyer Seller Cw P/C SmH Price INDUSTRIALS 1ST 33 I W20 ACE 0yiwnici60c 40 *4-5 444 43 33 35 37 3** 5146 ASENTSW200 US- gas
        4,899 words
      • 1124 27 Of Qt m m 1997 LMt VaI «Ht LaatOuat# Ml Ml n M Ca# Av* High Low StNo Company SM COOP) High L— Owyar Sa—f Cvr P/f Prtf HESflM 166 76 a 2000 A BR HkJgsSc 134 -I 175 137 132 133 134 10 6.0 ai Vf\A 59.6 135
        1,124 words
      • Article, Illustration
        419 28 Source: Deutsche Morgan Grentell Research Stocks Votan* ST EngqIOc 134.041,000 SinqTH 15c 39,216,000 •RHB Cap Wt99 34,356,000 •Magnum Corp 50c 34,008,000 •Rekapacific Bit 33,493,000 *MBf Capital 30,622,000 Asia FoodiProp 27,178,000 •Innovest Bhd 23,286,000 *M Resources 21.782,000 •Multi-Purpose 20,069,000 Stocks L DBS Foreign 253,538,664 STEnggKk 172,263,752 U06 Foreign 159,451,179 OCBC Foreign
        Source: Deutsche Morgan Grentell Research  -  419 words
      • Article, Illustration
        65 28  -  by Shiv Taneja TAN CHONG MOTORS closed two and a half-cents lower on Friday at 89 cents on a volume of 2.37 million shares traded, compared with its 10-day traded average of 1.38 million units. Despite the fact that the shares are trading just off the counter's two-and-a-half
        65 words
      • 733 28  -  VHBEE AHEAD Next April, suggests Lehman report, as markets hit by economic dislocation usually reach their low point some six months after crisis emerges By R Sivanithy PATIENCE, it is said, is a virtue. Rewards are believed to eventually
        Chart info from Bridge  -  733 words
  • Page 17 Advertisements
    • 136 17 p k dL 11 vj I r 1 1 I i t B a ~r" "K" Line. Shipping in your corner of the world. When you're shipping in the Pacific region, "K" Line offers you more than just local city offices and extensive regional shipping routes. We also offer a
      136 words
    • 146 17 listen to your 3 f eye s JfSSSSHH® W mm ■iiiif flf'' ja—Pl—mi—l—_mm—n———nnt Flex Scan 1.34 38 cm (15 TFT color LCD monitor EIZO original D (D-cubed) technology Digital Signal Processing. Digital Image Control 16 M .olors (FRC) c and Digital Flex Scan H: 140 V: 120 viewing angles Two
      146 words

  • Page 18 Advertisements
    • 1713 18 0% -k| FRASER AND NEAVE, LIMITED (Incorporated in the Republic of Singapore) RESULTS FOR THE YEAR ENDED SO SEPTEMBER 1997 The Directors are pleased to make the following preliminary announcement of the unaudited results for the year ended 30 September 1997:v j. M 4JIfJ hl((i lia ftfwraaaal YUrwwwpw inrrowppipi co
      1,713 words
    • 33 18 fWATERBEDi 1:OOpm 7 :OOpm I Easy Paymar* can baAirangad l JcUCK TECHNOLOGY PTE LTDI I Blk 144 Viking Rood, I #01-67, S'pore *****4 I 1 (ftasicU lUdhill MKT Station) I ljdJ7J_d^^ F a*47l_643s|
      33 words
    • 205 18 TODAY 2aobao PQp for only $50, why? An expert explains what happened. I escape. If you're feeling pent up for the festive holidays, may we suggest the perfect release: a holiday night-over at Grand Plaza Hotel at a special weekend rate of $120*. You could also dine on a delicious
      205 words

  • Page 19 Advertisements
    • 23 19 mmU^mßk~ V S# JT**11*'* The international Standard. DURBAN (fix *m 1-^l^r *Jr DAfMARU LIANG LE CITY TAKASHIM AYA E L japan H fIHBBH3HCn!HIHiO^^^SSSSBPDC?
      23 words
    • 839 19 -zua METALOCK (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) Proforma Half Year Financial Statement And Dividend Announcement Half-year financial statement on consolidated results for the six months ended 30 September 1997. These figures have not been audited. Latest half year Previous to 30/09/1997 corresponding period increase/(decrease) SVOOO $$'000 Co
      839 words

  • Page 20 Advertisements
    • 413 20 Bank off America Credit Line Application Form B fill in the details below and mail it back to us with the relevant documents or H fax us Lin* Amount Required: Purpose ol Une:_ Name: (Mr/Mrs/Miss/Mdm) (as in NRIC/Passport) NRIC/Passport No.: Date o« Birth I MM DO YY Residential Address M
      413 words
    • 681 20 HESHEhoMIkp Limited Notice Of Annual central Matting Nonci M nnaav civtN that the iwenty-Rrst Annual General Meeting of Heshe Holdings Limited w« be held at 9 Tai Seng Drive. Heshe Building #06-01. Singapore *****7 on Wednesday. 31 December 1997 at 10.00 a.m. for the following purposes: I.To receive and consider
      681 words

  • Page 21 Advertisements
    • 358 21 The Certified nffiffx? Diploma In Accounting WJ||W And Finance (CDAF) (Awarded by the Association of Chartered Certified Accountants, U.K.) Institute of a development programme Certified for executives/managers f}-., U1 j The CDAF is a post-graduate qualification offered by the Association of r.-yy. Chartered Certified Accountants (United Kingdom). The minimum entry
      358 words


  • Page 23 Advertisements
    • 120 23 Get yourself better organised by reading Q Which section of The Business Times benefits you most? lHflHl 'flffirtf The N** CASIO Digital Diary SpW 1 r I L/l BN-20 Business Navigator Series let you see plenty of data at 1 W I 111 a glance, just as you can with
      120 words





  • Page 28 Advertisements
    • 586 28 PITgIIHIJSS Notices To advertise call toll-free 1800-741 1883 IN THE MATTER OF VENICE MARINE SERVICE PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Chapter 50) that a Final General Meeting of the members of the abovenamed Company
      586 words
    • 344 28 IN THE MATTER OF LAM'S NOODLE PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Chapter 50) that a Final General Meeting of the members of the abovenamed Company will be held at the office of the Liquidators,
      344 words
    • 428 28 ERBATEX FABRICS PTE LTD (In Members' Voluntarily Winding-up I NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 100 JalanSulian #02-25 Sultan Plaza. Singapore *****1 on 11 December 1997 the following Special Resolutions were duly passed: 1. That the Company be wound-up voluntarily and
      428 words
    • 646 28 SmmFOHD THHES INTERNA TIONAL PTi LTD NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of the shareholders of the Company will be held on Tuesday, 30 December 1997 at 2.30 p m. at 47 Senoko Drive. Singapore *****0 to transact the following businessAGENDA
      646 words
    • 51 28 Sunday Classified -£iea^Vf&ct at Clarke Quay \cjm Every Sunday, 9am spm BUY it SELLir FIND/7 Classified ads are purr... feet for finding lost little kittens. No matter what it is, you can always buy it, sell it or find it with the Classified. toll F 1800******66 faJ (•II It' Ittilli
      51 words
    • 733 28 m COSCO INVESTMENT (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held at 143 Cecil Street #11-01, GB Building, Singapore *****2 on Monday. 29 December 1997 at 11.00 am for the
      733 words

  • SHIPPING TIMES
    • 278 29 Simpson Spence Young WITH the Christmas festivities approaching and a more cautious attitude being adopted by buyers, especially in the dry bulk sector, there has been less activity. However, there have been a couple of sales of capesize ore carriers, one being extra large, the 230,000 tdw Iron
      Simpson Spence & Young  -  278 words
    • 251 29 v- m CWTOWrtbubon _a?a unci) 4 ChuanM»»__ OM *0009 M Coace Invaatmant -062 *0.06 12 FraMNUrts 002 unch 22* CIHMngi 0.32 MalSunMu* 0.62 -0.06 356 HltachlZoaao 0.515 -0.02 69 IMCHaMbija HXU 0.435 unch 32 Jurana Shipyard 8.55 -0.25 130 mmfemp us taw 2M« KapfdIFtLS 4J8 -0.J6 210 KWMMrhl
      251 words
    • 429 29  -  Exposure to region quite small; reports sterlng 80% jump in interim gains By. Felix Chan [SINGAPORE] Sesdaq-listed Freight Links Express Holdings (FLEH) turned in a sterling interim performance and said it expects the current regional financial turmoil to have minimal impact on
      429 words
    • 288 29  -  They will jointly develop numerical models of marine environment By: Marcus Hand [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) has signed a Memorandum of Understanding (MOU) with the National Supercomputing Research Centre (NSRC), National University of Singapore, to jointly develop numerical models
      288 words
    • 710 29  -  LINER SCENE I By: David Hughes WHEN Jim Davis, International Maritime Industries Forum chairman, recently commented on the huge backlog of container ships on order worldwide he said it reminded him of VLCC (very large crude carrier) ordering in the seventies. He
      710 words
    • 467 29 Bloomberg [WASHINGTON] US negotiators said they are making progress in maritime talks seeking more freedom in setting shipping rates and doing business in China. Russ LaMantia, director of the US State Department's Office of Maritime Affairs, said: "We made a lot
      Bloomberg  -  467 words
    • 146 29 [SINGAPORE] Two ship captains involved in Singapore's October oil spill have failed to get court permission to leave the Republic and return home for the Christmas holidays. Both accused were not granted the application by a district court Michael Chalkitis, Greek captain of
      146 words
    • 206 29 AFP [COLOMBO] Thousands of Sri Lankan port workers staged a lunchtime demonstration on Friday against government plans to privatise part of Colombo's mam harbour. Union activists from rightwing parties as well as leftist groups joined the protest outside the harbour to register their opposition to
      AFP  -  206 words
    • 1001 30 AMERICAN INLAND WATERWAYS The mighty Mississippi may not be as big as they come but it is a vital artery in the US water transport system International Transport Journal WITH congestion on the roads getting worse and worse, finding alternatives for cargo traffic is
      International Transport Journal  -  1,001 words
    • 402 30 PAGE Exp Orient M ANL J 6 AMe 16 FL-Bright R t Accord 8 Famous 7 Ahrenkiel M M Appenship S FoonqSun 8 Astro 3 FroU 15 Austral 9 M Links 16 Avant 16 G Link 4 B tang Has 8 Gemartrans 8
      402 words
    • 18511 38 EXPORT ETA ETA Advartisar VMS* Voyaqa TalapDona ETA ETA Advortlsar Vassal Voyaqa TatapKona SIN frttfn Nama Nama Mumbf Numbar SIN Da*fn Nama Nama 20/12 K/12 Dtak Uoyd AUST ENTERPRISE V.NS 45-*****7 ..u /am .x T BUENAVENTURA (BUN) 2059 T» ABIDJAN CABJ) 2003 Colombia Ivory Coast, Cote D'lvolre N/B
      18,511 words
    • SHIPS IN PORT
      • 609 45 Vassal Voy Mo Barth Arrival Ptpartur* M Mm Gti S7. *****7 J01 aJongsid* 14.12/1900 Carina 2 9716 J13 atongsid* 14.12/0800 Et Offshor 7 73 J10 alongside 14.12/2000 Cl» 0ffshore3 *****1 J13 alongside GfKel 27/97 J12 alongside 15.12/0800 Haciarifkapt 4 J04 alongside 14.12/1800 Inter Marine *****7 J12 alongside S
        609 words
      • 1742 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARSO Booklnq/BoUnc* Rstls Ship Voy Wo Etb/Btr Ptflod From To From A(1 Uta 0*71 12/2359 U IVHOO n/l*59 tVH00 m ivhoo nrun n/noo 2* n/rroo a/om a/woo 2i mo anun a/mo 12/0700 B/1H* I2/M00 lolm MM 1VH00 M IVHOO H/HSt *WM
        1,742 words
      • 192 45 Deo 10 Bangladesh, Kazakhstan, S. Africa Dee 23 Japan: Emperor's Birthday. Deo 24 Austria, Bulgaria, Czech Republic, Denmark, Finland, Germany, Luxembourg, Portugal, Slovakia Sweden: New Year's Day. Switzerland: Christmas Eve. Deo 25 Albania, Andorra, Angola, Argentina, Austria Australia: Christmas Day. Belarus, Bolivia, Brazil, Bulgaria Belgium: Christmas Day. Brunei:
        192 words
      • 900 45 THIS report, complied by Cockett Marine Oil Ltd. show* price ranges in US dollars Instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sixed stem. Market movements are Indicated. The Cockett Bunker Price Index change and the Individual
        900 words
      • 359 45 Carton >M Mix 9919 12 15.4 0.09 56 0.03 M runi f* Nitcf ImMm« Ask UmbMh No a&om E2S 112 2*!! ***** 380 AM 9*4.7 0J 117 0.06 34 0.02 380 Mu 997.0 0.9 17.4 0.10 66 0.06 M/in %in m/m M/M WW —<»«< Wo AbOM
        359 words
    • AIR LAND TRANSPORT NEWS
      • 524 46 Chairman Cesare Romiti expected to retire at shareholders' meeting in May Reuters [MILAN] The death of Giovanni Alberto Agnelli on Saturday will force Fiat, Italy's largest company, to decide who will run the Agnelli familycontrolled car giant when chairman Cesare Romiti retires. Though
        Reuters; FILE PHOTO  -  524 words
      • 209 46 AFP [TAIPEI] Taiwan is seeking to replafce South Korea in an Airbus Industrie-led aircraft project to manufacture 600-seat jumbo jets following the recent plunge of the South Korean won, the Economic Daily News said. The Chinese-language daily said that Taiwan will strive
        AFP  -  209 words
      • 59 46 [TOKYO] A file picture of a construction site of a tunnel under Tokyo Bay, the world's longest undersea road. The 1.4 trillion yen (SSI 7.8 billion) Aqua Line, which opens on Thursday, is one of the last mammoth Japanese projects this century. It has been subjected
        AFP  -  59 words
      • 292 46 Reuters [HONGKONG] Cathay Pacific Airways Ltd. Boeing 747-400 freighter is due to be the first international airliner to begin overflying trials through North Korean airspace next March, a company spokesman said. Cathay is due to begin tests
        Reuters  -  292 words
      • 221 46 Bloomberg [MEMPHIS, Tennessee] Federal Express Corp and its pilots union tentatively agreed to include overseas pilots in their first labour contract, making the draft of a full contract possible within weeks, the union said. The FedEx Pilots Association, which represents 3,400
        Bloomberg  -  221 words
      • 250 46 Reuters [BRUSSELS] European Transport Commissioner Neil Kinnock told EU transport ministers he would be forced to renew court action against EU states making bilateral "open skies" aviation deals with the US, an EU diplomat said. "Kinnock said he would have no choice
        Reuters  -  250 words
      • 517 46 China National Aviation Go makes market debnt on Wednesday Reuters [HONGKONGJ China National Aviation Co Ltd (CNAC) is poised for moderate gains when it debuts on Wednesday, with its stake in Hongkong Dragon Airlines Ltd expected to help beat off subdued market
        Reuters  -  517 words
      • 306 46 AFP [TOKYO] Japan's Nissan Motor Co Ltd plans to launch production and sales of new recreational vehicles in Asia as part of its review of business strategy in the slumped region, a daily reported yesterday. Japan's second largest car maker plans to produce and
        AFP  -  306 words
      • 1657 46 OTY OJ6HT n* FUCHT ETB Amsterdam $0327 0620 *1844 0125 M4no1 V"™ 1310 KL837 1540 GA994 2245 I 1 KL836 2335 HatY* TG407 1540 TS4M IMS W.26 2355 IK895 2150 H1896 KB SOU 2355 IMrtl AVOW W50 ATOM 1138 Auckland N***** 2045 N***** 2045 MrwM— 50*77
        1,657 words
  • Page 29 Advertisements
    • 18 29 US inland waterways: The mighty Mississippi It is a vital artery in the US water transport system. Pa«e2
      18 words
    • 58 29 Fiat heir's death raises question of succession Chairman Cesare Romiti expected to retire in May. Back Page SHINERS' NITE IF Yen ARE RELATED TO THE SHIPPING INDUSTRY. TUESDAY NITE IS fcjl YOUR NITE. TUESDAY NITES PROMOTION HENNESSY J. 1997 3A RIVER VALLEY ROAD #01-15 TO 20 MERCHANTS' COURT CLARKE QUAY
      58 words

  • Page 30 Advertisements
    • 1124 30 i EXPORT I I OTHER DESTINATIONS I DffiiECT TO WEST COAST CO ST °f C o l -AIfWIICA <MAROAIIfTA SERVICE) VKSa VOT tTA aw Inp sw 1 ulOA*|yq|su|PAi|HOlj|OKlMT Imcucooty Wia vot a» wowim kajmtu w cmkm wmvwma *II iowmo "^"L cuv hong (om ttn 11/11 »/»i 11/41 n/oi M/ti 17/41
      1,124 words
    • 635 30 Lines services represented |0| V by Members of the Registry of Accredited Shipping Agents Singapore Shipping Association Members of the aw*** around Asia.. Shipping Times Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 x Japan •2 x Hongkong ■1 x Manila -1 x Kooshiung, KMtung (Accepting
      635 words

  • Page 31 Advertisements
    • 1050 31 TO EUROPE FROM EUROPE jvHSa VOY SM RTM HAM MV SOU idT~ VBSE VOY m HAM ItV SOU IH W SM HtDUOTO RMOfA 5507 M/ 12 01/01 M/ 01 10/01 OOCISMGATCK 24»7 23/11 2S/11 H/" It/11 W/ll OOCI HETHBtLANOS ISO 7 It/11 04/01 04/01 09/01 10/01 KDUOYD OOAMA *447 27/11
      1,050 words
    • 2196 31 Q9 HANJIN SHIPPING nt va/vpr IwIMl I a uwnaw/vot sa w|w a wi iwt bio oos |ow| o» inlmim |twjm m ItTij" h.Huxswm/o3ti w/oi i»/>i ii/oi u/oi m/oi u/oi u/w u/oi u/w u/w u/w 111/01 u/w u/w u/w u/w OWTAM6 AIIAS 0031 B/U B/11 HRAOWW6/WU U/W 11/01 10/W 10/01 >1/01
      2,196 words

  • Page 32 Advertisements
    • 1474 32 <jT DSR-SENATOR ill Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT hub. lm IMM I HTM I wrr 1»v ham fu luw Ifwioa Ivor lino |fu JL WLJg SLCHOYANG VOLGA *W7S ITif TfiT "Sin M m 00 01 10 01 12.01 *I>BVOITOH SENATOR £E7Bl 10.11 17.11 1011 911 11.11
      1,474 words
    • 1217 32 MY HMMC LJNE VMC Internet Wat) 8rt» http: //www ymLcom.tw finux nnv < v Tf*'W. I T" H T7T"" "I7THP r, lTr*.' --'f -,7-fl two everr thurjoay^umqay VESSEL VOY SIN CMB RTM HAM FXT L£H ANR MED TAIPEI 53/A7SOW 19/12 23/12 10/01 08A)1 07/01 12/01 NORMANDIE BRIDGE J7SOW 21/12 07/01
      1,217 words
    • 640 32 LINE VJt TIL* SS9I3M MXi *****37 1 MUARA LABUAN 1 vosa wr nt n> vESsa vor n» tu spoke muaju sfott lm APttOOfT V3IE/D7 17/12 19/12 APM GUXT V3IE/07 14/12 20/12 LFtOSPB V3OI/07 20/12 23/12 IFOOSPB V3OE/V 20/12 24/12 APUGLOtT V 321/07 2S/12 21/12 APOtOOtY V»/17 2S/12 20/12 J nova
      640 words

  • Page 33 Advertisements
    • 1231 33 l—L Wr I W I 5g I I I"* I MAMMBBZANPJL-1261 11/11 1(J J™ J 24/11 ■MMTCYFOUM PJL-1260 18/11 IRAN MOWN PJL-1282 OS/12 11/12 13/12 WAN VAHPAT PJL-1260 17/12 l~ 28/12 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA UZBEKISTAN. TURKMENISTAN. KIRGISTAN. TAOZHIKISTAN A GEORGIA
      1,231 words
    • 2091 33 uuukos m win 1 TO ElttON ON I llhhimv, HMiSp SMGAPORE'S GENERAL AGENTS: 6 SHBITON WAY TIL 226 1900 FAX: *****08 OUTWARD (l/l) COSTAR SNIPPING PTI LTD #17-01 DKKDG SAUS/MOS *****41/43 INWARD DCPT (D/ 0) *****15 COSTAR AGENCIES SDN BHD O NO; 117»7lf0000l> TOWB TWO (*****0) COWVtWTKXUL *****50/55 T/SMWT Ptn
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  • Page 34 Advertisements
    • 1277 34 EUROPEAJK/SCAMDINAVIA/ftMtAMD/fIUSSIA fsGPI ROM AMW HBG THP ZEE LHW LMV TNP RDM ANW HBG PKL SGP E. DAINTY RW-003 20/12 09/01 14/R1 10/01 12/01 13/01 14/01 E. GARLANO RE-051 22/11 21/11 23/11 25/11 18rt2 E. RESULT RW-017 27/12 18/01 21/01 17/01 IM>l 20/01 21/01 E. GLOWING RE-042 28/11 27/11 20/11 01/12
      1,277 words
    • 921 34 W& WSPORE M SIA N /V~ J <*» 660, **********00 SIBU: (064) *****9 MAMUL (632) *****61 w PENANQ: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31)*****0 P. KEIANQ: (03) *****77 JKT (21) *****07 MON: (61) *****3 PUSAN USA/JAPAN I MV "KMTC ULSAN" V.716N MV GLOBAL HORIZON" V.046E ETA SIN: 17-12-97 ETA
      921 words
    • 479 34 rca. NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vissa ypT I sm I piu I our I cpt »/u"T mktm opts it/i? n/n oi/oi muoum oo3s lt/i; w/12 02/01 os/oi 01/01 mn*jptiN(E om 24/12 w/oi 14/01 HAMUi VtWS 024S 04/01 12/01 IVOI 20/01 24/01 GOLDEK DKA&OW OPTS 12/01
      479 words

  • Page 35 Advertisements
    • 500 35 BSA jl mb MYANMA mBBk FIVE STAR UNE (MyoMMr NNHOMI UM) Loodthf for (Rm|«on) Vfssa VOY SB K0 m PCN MPA-AN IJ9W NPT PAHCM 144W su» MALAYSIA ASBIS: 90KSTEAD SHNfBO AGBIGB NNL ffil 91-93-*****00 ML TH M-93-37M191 rot m M-04-MIMO2 POfc m 01-07-*****11/4 BANK LINE (A iirtfki tf W«k SUffbf)
      500 words
    • 1154 35 HYUNDAI MERCHANT MARINE CO. LTD. ivesa vw~ 5* m mi aw ham I m i~re~] vot t» mi ma re NT MOON 11IW IJ/U 11/11 94/91 94/91 M/ 91 97/91 HT GOOAL 308 If/11 Jl/11 13/11 14/11 M/ 11 17/11 IS/11l NTHMNO MTU 11/11 Ot/tl M/ 11 11/11 11/11 11/11
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    • 690 35 FAMOUS CONTAINER UNES [imam 80 ROBINSON ROAD, #22-02 SINGAPORE *****6 JjT HOT UNE: *****33 (30 UNES) WB PUi ADDRESS:- wwwMntLoui HMLMDDOC-mMtaMlLcauD BARCELONA/SPAIN 21/12 LEHAVRE/FRANCE 19/12 MARSEILLE/FRANCE 21/12 HAMBURG/BREMEN 19/12 GENOA/ITALY 19/12 ANTWERP/BELGIUM 19/12 GOTHENBURG/SCAN 18/12 ROTTERDAM 19/12 AARHUS/COPENHAGEN 18/12 FELIXSTOWE/UK 22/12 LOS ANGELES/WCyiPl 18/12 SYDNEY/MELBOURNE 19/12 NEW YORK/EC 18/12 FREMAMTLE/ADELAIDE
      690 words

  • Page 36 Advertisements
    • 943 36 BAMQKOK/LAIM CHAIAMO JAK AWT A/PA N J AUG VESSEL VOY SIN BKK LCH VESSEL VP Y SIN JKT PJN ORA BHUM** 38N 18/12 19/12 ACX RUBY* 108 In Pt 18/12 NANTABHUM 372N 16/12 20/12 19/12 DEJA BHUM 7268 18/12 19/12 18/12 84WO OCEAN OCNQ37 17/12 20/12 XETHA BHUM 2218 18/12
      943 words
    • 580 36 PUL INTERNATIONAL lU.IM«I|M|JUR aggi ysl m .m ,mt m iiEiflilil Elllll SURABAYA 2 SI6S/W1 i vAv I in l —Si —rsr atiacM ujMirti Mi I nrr imom I ti/ifTiNU rfflnl fIRMW B—rat8—rat I fly i I 1 mow I g'/iM MMBBB (-fsf —I Uv.i LTL. I Sir 1 tl /HB
      580 words
    • 829 36 A ACCORD A SHIPPING PTE LTD Tit: *****13 (40 Urm) FAX: *****30 tOKT KIAHG tUiUJ MM m m OMfCT ACCfSS TH.; *****55 (IXPOMT SOOKINO) MM6HMNC s <•/)«/ /J77 *****34 (KXPOMT DOC), *****39 (IMPORT) rOUHC (94)1311*41 UMUMTTPt//WWW.ACCORD.COM.SO JJULUTA (11) *49 0771 EOKT ITA SIN POtT jjg Silt POUT IU SIN jjojjF
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  • Page 37 Advertisements
    • 469 37 INDONESI^N/fflONAniNl^^l TO EUROPE I A.VESSEL «»wj 2-8/1 I M OMIT 13/2 TO AUSTRALIA 1 FULL COMTIMNEW 88BVICfi wn_ war m m m> m. hw mi f« 11 umnnin iminw vj» n/ii ivn aii aw ant »w m* MgTonowm *w 14/122*12 rvu «w «*i ri#i MLCRYSW. *as 2S/12 27/12 #4*l IMI
      469 words
    • 725 37 asagPfl PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSSSS 140 Cedl Street, #03-00 PIL Building, Singapore *****0. r CR NO **********06 In TO ffl B ff/1 Bh I iff; iaT sZ si" ri" ?li. iiii iii i -wOOfIAtCWB 141 t'/l I 11/1 I 22/ 24/1 li/1 ji/1 \tl KOTAHAHOUNi HMO 17 19/1
      725 words
    • 891 37 |§^EB|j||H| VESSELS VOY SW ""I JB) 1 MLA LEH HAM I THP RTV I ZEE 1 VXEDETAURUS A23W 17/12 20/12 31/12 06/01 07/01 08*01 08*01 IQW VKJ-E DE ANTARES L23W 23/12 31/12 OMH 12/01 13/01 18/01 IWI 17/01 V-LEDEVWOO 323W 01/01 KHH 15*01 20/01 23/01 24/01 24/01 25/01 VILE DE
      891 words


  • Page 39 Advertisements
    • 45 39 To retrieve more schedules, just follow these simple steps... document 740-6000^^^^P^ P be faxed m W' %M :i I^6BB 1 r~ the port Ste ste P "V™ ke y in the four number Co(^e Key in your Example: fax number To NEW YORK (NYC) 2275
      45 words



  • Page 42 Advertisements
    • 1122 42 —SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. 1047M*****0 BOOKINGS CALL DIRECT UM^*****41 /43 JE^ICA/CEUA/MEICHAM IH I•J IM 7 SLGS/WEEK gJJJJJjgSI 3 SLGS/WEEK I VESSEL [VOY [MN fJAK 1 VESSEL IVOY |SIW [SUB SHVERDAWN 9751
      1,122 words
    • 581 42 NEWARK SHIPPING I AGENCIES PTE LTD I 48-A Campbell Lane, Singapore *****1 s CHTTTAGONG a BOMBAY 1 «r CALCUTTA «NHAVASHEVA WW" COLOMBO A MADRAS P 0 TUTICORIN R «r COCHIN E KARACHI MALDIVES ALSO ACCEPTING ICD DELHI, ICD DHAKA CALL: (65) 294 0949 FAX (65) 294 9395 Agtma for CONTINENTAL
      581 words
    • 547 42 1^^833 m FAR EAST 21/12 KEELUNG/KAOHSIUNG 21/12 BANGKOK 22/12 MANILA/CEBU 22/12 JAKARTA/BE LAW AN/SURABAYA 21/12 PORT KELANG/PENANG/E. MALAYSIA 16/12 BUSAN 21/12 TOKYO/YOKO/KOBE/NGO/OSA 21/12 HONG KONG SIM CUM (+a#±**a) 21/12 GUANGZHOU/HUANGPU/SHEN2HEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 22/12 LDN/FLX/LVP/SOU R DM/ANT /LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES m USA/CANADA 16/12
      547 words
    • 562 42 Singapore Soviet Shipping apCo. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL I HAIXIONQ HXQO6O 18/12 26/12 07/01 00*01 TRADE FAST TFS2O6 27/12 04/01 16/01 1«A)1 ORIENT CORD 107N 02/01 10/01 22/01 24/01 HAI XIONQ HXOOCI 06/01 10/01 20/01 MW j REGULAR MONTHLY RO-RO BREAKBULK SERVICE
      562 words

  • Page 43 Advertisements
    • 1162 43 ASIA MEDITERRANEAN EXPRESS (AMI) WESTBOUND SERVICE i l vtssa voir sin I cm» I ctN kn I ifH AN> I m I N SHANGHAI 9749-3 IB DEC 22 DEC 31 DEC 02 JAN CM JAN 07 JAN 08 JAN 09 JAN MSCROSELLA 9750-3 24 DEC 28 DEC 06 JAN 08
      1,162 words
    • 1661 43 Ivßsa knang- nimp swm hoi mm w mh rim Ivcsa moano- vok hrg pusam 55 hrt warn mo smmzu tto OQICDOLMO 1507 17.11 1111 14.12 OUI 09.01 1041 0101 OQ SMGAPOtf 207 1112 1112 2112 2112 Kl2 2112 W> HONSHU J507 1112 1112 2112 0101 0101 0101 0101 HI 2407
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  • Page 44 Advertisements
    • 532 44 SIN MAA SIN 1 TIGER WAVE 588N 14-16/12 20-24/12 29-30/12 TIGER ISLAND 589N 19-20/12 24-28/12 02-03/01 TIGER BRIDGE 590N 23-24/12 28-01/01 <*07/01 1 TIGER BAY 581N 25-26/12 31-04/01 09-10/01 1 TIGER WAVE 592N 29-30/12 04-07/01 12-13/01 TIGER ISLAND 593N 02-0301 07-11/01 16-17/01 SIN LHOTSE 341 14-15/12 20-22/12 30-31/12 I XPRESS
      532 words
    • 823 44 FREIGHT LINKS EXPRESS g 2 joh Guan Road, Singapore *****1 Tei *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg REGULAR SERVICE ALEXANDRIA(ALY)/ VALENCIA(VLC)/ BARCELONA(BCN) Etd SIN Etd ALY Etd VLC Etd BCN BUNGA PERMAI V.7497 19/12 06/01 EVER GARDEN V.0192-071W 22/12 16/01 MSC BOSTON V.9750-3 30/12 18/01 'Also Accepting: Pert Said
      823 words
    • 1249 44 OOCL (Singoporej Pte Ltd CFS Keppel Distrpk for btkk§ i 79 ham Rad #21-04 (S) ****** Mk SI3 *01-121 X mmkf :/6\jiVi CR NO **********0H U 272 7127 cat 3269 ISO *****13 fu 221 3942 Fti: 272 7>25 L_=^-bS=d NORTH AMCRICA USA/ CANAM <> AUSTRALIA TO USA SGP STO OA*
      1,249 words

  • Page 45 Miscellaneous
    • 132 45 LEGEND. R Thunderstorm Temperature *C y*V j J. Weather _X Wind direction with speed in knots ee Rom v Cloudy Sky Wove height Surface wind* ore indicated by arrows which My with the wind One hjM circle represents calm or light ond variable winds 1 One hotf Heche represents 5
      132 words