The Business Times, 17 December 1997

Microfilm: NL21062
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    20 1 THE BUSINESS TIMES MITA(P) lltyiaw 85c s I N G A P O R I Internet: http://www.asial.com.sg/biztimes WEDNESDAY, DECEMBER 17,1997
    20 words
  • Article
    MARKET SUMMARY
    20 1 Dsn 1561.75 (-38.89) B| BT-SM Ml OLM (-24.96) aBTOOMP *****7 (-22.91) rj btmga mm BI3JB (-9.53) [T MAMCTMOOD:
    20 words
  • Article
    FINANCE
    66 1 EXCHANGE RATES 4 us* ss u» 1.694 1 1.632 1766 Ml 0£63 0.966 yOtm 0.764 lj% M UH 0433 HW 6LIS9 Ul» BAHT Mil 0.036 HJPIAH1M 9.017 0.029 tnUrbank rata FUME BATES SINGAPORE* 177 KUALA LUMPUR. JJO JAKARTA t&M BANGKOK 13.28 HAWLA 1150 HONGKONG 9 SO TAIPEI 9oo SYDNEY
    66 words
  • Article, Illustration
    Banks tighten personal loans as defaults rise
    759 1  -  One major foreign bank says its default rate now stands at 6 per cent By'. Frances Lui [SINGAPORE] The collection departments at banks are shifting into high gear as personal loan defaults mount, with at least one bank hit by a 6 per
    759 words
  • Article
    Jardine Fleming gets seat on SES, dismisses talk of layoffs
    492 1  -  From Loh Hid Yin Ang Wan May in Hongkong in Singapore FINANCIAL services group Jardine Fleming is expanding its stockbroking business in Singapore even as it dismissed strong market talk that it was planning to lay off hundreds in its
    492 words
  • Article
    Car bookings more than double after latest COE results
    422 1  -  Niche brand Saab too sees better orders; BMW an exception By< Christopher Tan Annette Pan [SINGAPORE] Car distributors are chalking up huge increases in bookings as buyers previously sidelined by high COEs have emerged. Companies were coy about actual numbers understandable
    422 words
  • Article, Illustration
    Lock icon S$ breaks $1.70 barrier against greenback to hit 6-year low
    821 1  -  3-month interbank rates soar to 9.5% before easing to 8*5% By' Ven Sreenivasan Clarissa Tan [SINGAPORE] The Singapore dollar broke through the $1.70 barrier against the greenback to hit a six-year low yesterday amid fresh carnage in Asian forex and
    Source: Dow Jones; REUTERS  -  821 words
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      141 1 Oureiwr price war Carrefour is embroiled in a new price war this time with Asia-Pacific Breweries for selling Tiger beer below recommended price. F*2 China may not be immune from the region's economic troubles, Pf6 AsGftA Summit South-east Asian economies yesterday said they would start using their own currencies to
      141 words
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      37 1 s m ALFRED DUNHILL LONDON The New AD 2000 Carbon Fibre Fountain Pen AVAILABLE ONLY AT ALFRED DUNHILL SHOPS IN RAFFLES HOTEL ARCADE, THE PARAGON, NGEE ANN CITY, SOGO RAFFLES CITY AND DAIMARU LIANG COURT J A
      37 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      EDB's Cluster Devt Fund doubles to $2b
      254 2  -  Board invests $291 m in eight CDF projects this year By Ven Sreenivasan THE size of the Economic Development Board's (EDB) Cluster Development Fund (CDF) has doubled to $2 billion this year. The EDB's investment arm, EDB Investments Pte Ltd, now manages $2.3
      254 words
    • Article
      Corrections & clarifications
      47 2 Corrections clarifications IN the Enterprise 50 supplement we published on Nov 29, we wrongly listed the turnover of Chesuyan Interior Design Decoration Pte Limited as being $1,838 million for 1996. The correct figure for Chesuyan's turnover in 1996 is $11,838 million. We are sorry for the error.
      47 words
    • Article, Illustration
      Carrefour embroiled in new price war – with APB
      377 2  - Carrefour embroiled in new price war with APB Brewery refuses to supply to hypermarket for selling beer below recommended price Hy Frances Lui FIRST it was Lam Soon, upset that Carrefour was selling its Knife brand cooking oil below its recommended retail price. Now the French hypermart is embroiled in
      377 words
    • Article, Illustration
      $20m facelift for Temasek Tower
      464 2  -  By. Jenny Lam PIDEMCO Land, which is spending $20 million to upgrade Temasek Tower in Shenton Way, intends to create an open-air lunch hub through the addition of a sunken plaza and two retailrelated blocks. In a recent interview with BT, Pidemco vice-president of design
      464 words
    • Article, Illustration
      Lock icon OUB sees a resilient S'pore
      315 2  -  EYE ON THE ECONOMY Outlook By< Carol Eng SINGAPORE "could show a surprising ability to grow in adverse circumstances", says the Overseas Union Bank on the outlook of the economy in the wake of the Asian financial turmoil. In its latest economic commentary, the bank
      Source: UOB  -  315 words
    • Article
      S'pore Cable Vision confirms change at helm
      294 2  -  Statement not short of praise for outgoing president Daniel Goh By\ David Boey SINGAPORE Cable Vision (SCV) yesterday confirmed that Yong Lum Sung, currently general manager of Singapore Technologies' Sun Page, will replace Daniel Goh as its president on Jan 2. The cable
      294 words
    • Article
      New award for writing on the media
      119 2 THE Asian Media Information and Communication Centre this year increased its awards recognising excellence in writing about the media from two to three. They are: ♦Asian Print Media Write Award for articles on Asian print media, co-sponsored with Singapore Press Holdings; ♦Asian Television
      119 words
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      287 2 The Financial Management Qualification For Professionals The CDipAF is a post-graduate qualification offered by the Association of Chartered Certified Accountants (ACCA-UK) for graduates or diploma holders in a non-accounting discipline, or those who are over 23 years old and have achieved management positions. An increasing number of financial decisions are
      287 words
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      15 2 TODAY Lianhe Zaobao BW. kflh M i 'ptft BREta*; LprJ lb f -jl V <<fOo#£rS>>
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      21 2 IfiMP Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. CA.TA Another Classified Service
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  • Page 3 Advertisements
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      340 3 "il^C^L Palmer and Nicklaus. A legendary pairing. For more than three decades Arnold "Looking back on all our years of Palmer and Jack Nicklaus have been competition," says Nicklaus, "I see it has joined in one of the most intriguing worked exactly the way it should. It has rivalries in
      340 words
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  • MARKETS IN TURMOIL
    • Article
      Seoul gamble to float won pays off
      771 4  -  Ailing markets surge but analysts expect euphoria to be short-lived From. Jennifer Veale in Seoul SOUTH Korea's gamble to float its currency breathed new life into its ailing markets yesterday, as the government intensified its efforts to inject liquidity into the parched financial
      771 words
    • Article
      Lock icon Central bank move lifts baht from record low
      467 4 Reuters Bloomberg [BANGKOK] The embattled Thai baht recovered late yesterday from a deep dive to a record low after central bank intervention and a stern warning against excessive local speculation propped it up, dealers said. The baht, which sank to a record
      Reuters; Bloomberg  -  467 words
    • Article, Illustration
      Lock icon Japan delays stimulus package to today
      830 4  -  Nikkei gains on bet it will include bail-out for banks, tax cots From, Anthony Rowley in Tokyo JAPAN'S ruling Liberal Democratic Party yesterday delayed again its eagerlyawaited economic stimulus and financial system restructuring package, which is now scheduled to appear today. The move appeared
      REUTERS  -  830 words
    • Article, Illustration
      Lock icon Philippine peso sinks below 40 to US$
      366 4  -  From Al Labita in Manila THE beleaguered Philippine peso yesterday broke through the 40 to a US dollar barrier, prompting lawmakers to call for the sacking of central bank and finance officials. "We should now seriously consider changing the central bank governor and
      AFP  -  366 words
    • Article
      Rupiah firms up on central bank intervention
      636 4  -  Stocks stagß mild rally, unfazed by S&P credit watch call From S N Vasuki in Jakarta THE Indonesian rupiah strengthened to the 5,500 level against the US dollar yesterday, thanks to some late afternoon intervention by Bank Indonesia. Market sentiment was also boosted
      636 words
    • Article
      Asean tailspin takes focus off HK$
      297 4  -  But HE traders still on their gnard fa* next roand of attack From Loh Hui Yin in Hongkong AN UNEASY calm has descended on the Hongkong dollar as currency traders focused their energy on the beleaguered South-east Asian currencies. "There's not much interest in
      297 words
    • Article
      Lock icon CSFB in talks to buy BZWs business in HK, S'pore, Taiwan
      429 5 Future of BZW offices in M'sia, Indonesia uncertain; more than 20 staff in EL axed Bloomberg [HONGKONG] Credit Suisse First Boston is negotiating to buy BZW Asia Ltd, the Asian equities business of Barclays pic, in a move that
      Bloomberg  -  429 words
    • Article
      Lock icon Indon brokers getting tough on illegal practices
      332 5 FT [JAKARTA] Indonesia's brokers say they are getting tough on insider trading, front-running (a trader buying stock for himself before booking a larger volume of the same stock for a client) and other practices that were tolerated during the bull-run but which turned
      FT  -  332 words
    • Article
      Lock icon Germany wants clear US stance on IMF appeal
      545 5 No point discussing extra cash nntil US decides: Waigel Reuters [WASHINGTON] Germany on Monday said there was no point in discussing an International Monetary Fund appeal for extra cash until Washington made its position clear. German Finance Minister Theo Waigel, long an
      Reuters  -  545 words
    • Article
      Lock icon Bond experts split on prospects for 1998
      350 5 Bloomberg [NEW YORK] Bond market observers from top US investment firms said the fallout from Asia's financial crises will drive 30-year US bond yields lower in coming weeks. Their views diverge, though, on the prospects for Treasuries in 1998. Speaking at a Bloomberg
      Bloomberg  -  350 words
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      26 4 mSSrnS^mS^Si If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. Another Classified Service
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      106 5 I--■HHHHBBii^^^^^'f^^KssV^il£^^4'/4jWh r iJ^M'!4v^>'« c i£S&fci& '*H' •;"s£> "'wfliaPMB I &&>Mk &uAu*s<* »t£9k»>r "i. .-*<«.. <'v -f 1 :r •*v..^- t -".0 jPLw '***^Bkl»^ a jM j| HMj 9H -J9^| 1 Si Pnb 'i J KM sbjß. s IBH h II I r i I £S&v I CZ2 Malayan Motors BEST
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Asian crisis at China's door
      1316 6 The country may not be immune from the region's economic troubles The Economist [BEIJING] Amidst Asia's troubles, it is natural that many in China should deny that this vast country's own economic miracle is being shrunk down to size. China's export growth, central television has
      The Economist; Compiled by BT; Source:  -  1,316 words
    • Article
      Sterling looking overvalued
      479 6  -  Analysts believe pound vulnerable to economic downturn From, Neil Behrmann in London STERLING'S safe-haven status against Asian turmoil and European Monetary Union worries could very well be under threat. Following its surge in previous months, foreign exchange dealers and analysts believe that the pound is now overvalued
      479 words
    • Article
      ANALYSIS
      375 6 Can Korea immofln a US$20b outflow In Dec? KOREA may have up to US$20 billion (SS33.2 billion) in shortterm borrowings due for repayment by year-end. With seven chaebols having gone under dragging with them 14 out of 33 merchant banks there's a growing fear that foreign creditors are likely
      375 words
    • Article
      THE WEEK AHEAD
      335 6  -  Compiled by Larry Wee Compiled by Larry Wee ANZ Investment Bank (ANZ), DMG (Deutsche Morgan Grenfell), Independent Economic Analysis (IDEA) and JP Morgan (JPM) United Statu Tomorrow: October trade figures should at worst be unchanged, but an improvement from September's US$ll.l billion (SslB.B billion) deficit looks more
      335 words
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      114 6 Get yourself better organised by reading Q Which section of The Business Times benefits you most? A flffj 13 The New CASIO Digital Diary MM*■ Kll BN-20 Business Navigator Series let you see plenty of data at ■LB. JgU 1 a glance, just as you can with printed data. Wn
      114 words
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  • ASEAN INFORMAL SUMMIT
    • Article, Illustration
      Lock icon Asean to use own currencies to finance trade within group
      715 7  -  Move aimed at reducing dependence on US$, providing long-term stability Reports by' Yang Razali Kassim in Kuala Lumpur SOUTH-east Asian economies yesterday said they would start using their own currencies to finance trade among themselves and with their key trading
      AFP  -  715 words
    • Article
      Asean unable to regulate currency trade: Dr M
      227 7 SOUTH-EAST Asian nations which have been hit by the financial crisis are in no position to regulate currency trading, Malaysian Prime Minister Mahathir Mohamad said yesterday. "We are really not in a position to regulate the trading of currencies. To me, (it's)
      227 words
    • Article, Illustration
      The rise of East Asia, via Asean
      654 7  -  COMMENTARY It all began with an informal but historic moot By Yang Razali Kassim THE sceptics did not give the second Asean informal summit a chance to succeed, even before it began. After all, the financial turmoil had taken away the glitz from
      654 words
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      161 7 Located just outside the CBD as well as close to Orchard Road, J hkl Boat Quay and the MRT stations. If you prefer staying in, *gl i t there are shops and restaurants on the first four levels. 1 ggr, i 1 Thafs just some of the perks about living
      161 words
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      Page 7 Advertisements Column 2
      174 7 rm V I Begin your ow« tradition. The Patek Philippe men's Complicated watch ref. 5039 has our ultra-slim j, perpetual calendar movement that will automatically adjust for tap years until the beginning of the 22nd century. But whatever innovations PHILIPPE Patek Philippe introduce, every watch is still crafted by hand
      174 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Thai ministers, govt MPs take 20% cut in allowances
      471 8 Move could save govt 50m b&ht annually; opposition MPs nrged to follow suit BANGKOK Reuters AFP THAILAND'S cabinet agreed yesterday to cut the allowances of government ministers and members of parliament by 20 per cent in an attempt to save money
      Reuters; AFP  -  471 words
    • Article
      Lock icon Deadline to privatise Thai Airways
      178 8 BANGKOK AFP THAILAND'S national carrier Thai Airways International pic must be privatised by next June, the Transport Minister was yesterday quoted as saying. Suthep Theksafran has told the airline's chairman Madihol Chantrangkun to help decide the price of the 100 million new shares expected to
      AFP  -  178 words
    • Article
      Lock icon Manila set to raise minimum wage by up to 24%
      188 8 MANILA AFP PHILIPPINE authorities are likely to increase the minimum daily wage by up to 24 per cent to 205 pesos (558.60) to compensate for a steep currency depreciation, Labour Department sources said yesterday. The National Productivity and Wages Commission
      AFP  -  188 words
    • Article
      Lock icon China and Vietnam call for status quo on Spratlys
      244 8 MANILA AFP THE leaders of China and Vietnam called for the maintenance of the status quo for the disputed Spratly islands during meetings with Philippine President Fidel Ramos at the Kuala Lumpur Asean summit, an official statement in Kuala Lumpur said
      AFP  -  244 words
    • Article, Illustration
      Lock icon 10.8 m sq ft of office space deserted in Bangkok
      360 8 BANGKOK Richard Ellis pots vacancy rate at more than 23% AFP BANGKOK's formerly hypercharged property sector has come to a grinding halt with millions of square feet of office space lying vacant or unfinished, analysts said yesterday. The full extent
      AFP; FILE PHOTO  -  360 words
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      79 8 Who says only flowers can respond to the sun? ■p^y The new Audi A 6 with intelligent climate control that responds to The future begins -V with Technology MOTOR ULTIMA 15 Queen Street #01-01 Tan Chong Tower Tel: 338 3844 Fax: 334 3877. Showroom hours 9 am 6 pm weekends,
      79 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China to top last year's foreign direct investment
      217 9 BEIJING Bloomberg FOREIGN direct investment in China remains on course to surpass last year's record total of U5542.3 biUion (5571.59 billion), underscoring China's immunity from Asia's financial crisis. Direct investment by foreign funded enterprises in factory and equipment reached US$4O billion in
      Bloomberg  -  217 words
    • Article
      Taiwan Opposition pushes industrial safety bill
      264 9  -  TAIPEI Key feature of bill is compensation fond for injured workers By. Buace Cheesman TAIWAN'S Opposition has seized on two fatal accidents last week to expedite legislation to improve Taiwan's notoriously poor industrial safety record. A bill providing for tougher enforcement of industrial safety
      264 words
    • Article, Illustration
      Lock icon Slowdown in China exports seen
      558 9 Exports likely to be hit by weaker Asian currencies and rising trade friction BEIJING AFP Reuters WEAKER currencies in South-east Asia and rising trade friction are likely to dampen China's exports next year, Chinese Trade Minister Wu Yi was quoted yesterday as saying. "Compared with
      AFP; Reuters; FILE PHOTO  -  558 words
    • Article
      Lock icon Yuan devaluation unlikely, predicts Jardine Fleming
      338 9 BEIJING Foreign debt holders will also oppose move, says economist Reuters CHINA is unlikely to devalue its yuan currency next year because of continued export strength and domestic opposition from holders of foreign debt, an economist with Jardine Fleming said yesterday. Some Chinese exports
      Reuters  -  338 words
    • Article
      Lock icon China iron and steel firm awaits listing approval
      212 9 KYOTq Bridge News CHINA'S monolithic state-run Capital Iron and Steel (Shougang) Corp said yesterday it is awaiting government approval to list on the stock market, Kyodo news agency reported. The move follows years of restructuring and a key Communist Party decision in
      Bridge News  -  212 words
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  • ASIA
    • Article
      Lock icon Japan growth seen at 0.2% this year
      464 10 TOKYO Economists expect GDP to be sluggish in '98; govt to cut taxes, boost spending to avert recession Bloomberg JAPAN'S economy will see sluggish growth next year as banks cut lending, exports slow and consumer spending remains weak after a year of tax
      Bloomberg  -  464 words
    • Article
      Lock icon Nikko made illegal pay-offs, admits head
      277 10 TOKYO Securities firm also operated special account for racketeer Bloomberg NIKKO Securities president Masashi Kaneko has admitted that Japan's third-largest brokerage made illegal pay-offs to corporate racketeer Ryuichi Koike. Mr Kaneko also said Nikko operated a discretionary account on Koike's behalf. He made the
      Bloomberg  -  277 words
    • Article, Illustration
      Lock icon Sonia intervenes in Congress dispute
      357 10 NEWDELHI AFP SONIA Gandhi, the widow of former Indian prime minister Rajiv Gandhi, has stepped in to heal a split in India's ailing Congress (I) party before next year's polls, a daily reported yesterday. The Times of India said Mrs Gandhi, a behind-the-scenes force in
      AFP; FILE PHOTO  -  357 words
    • Article
      Lock icon Australian asset sales raise share ownership to 25%
      360 10 SYDNEY Bloomberg ONE-QUARTER of Australia's 18 million people owns shares following one of the largest privatisation programmes in the world in the *****, the central bank said. Australian governments have sold As6l billion (Ss67 billion) in assets, second in the Organisation of
      Bloomberg  -  360 words
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      60 10 I c. French Cachepot (H1209K) $190.00 D. Acorn Jewelry Pendant (*****K) $210.00 e. Belgian Lace Note Card (K0652K) $23.90 F Flip Vase (G1020K) $53.00 if g. Celestial Horse (F0068K) $340.00 1 k Prunus Teapot (HU73K) $115.00 !i ■■■■■■■1 G I. Three-Face Cake Stand (G1500K) $180.00 The Metropolitan Museum of Art
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      178 10 FIG LEAF RESTAURANT CAFE Simple yet utterly memorable... that's a promise. Just join us this festive season for a SIMPLY great time and food so good you can't wait for next year to enjoy our UNFORGETTABLE feast again! 4-COURSE CHRISTMAS SET LUNCH MENU With choice of Appetizer, Main Course Dessert
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  • THE WORLD
    • WORLD Watch
      • Article
        Lock icon Boeing unit sees 12,000 fewer staff
        67 11 Reuters [SEATTLE] Boeing Co said yesterday employment at its commercial airplane operations unit should fall by about 12,000 in the second half of 1998, with a large part of that coming from attrition. Boeing's commercial airplane group, including the Douglas Products Division, now employs
        Reuters  -  67 words
      • Article
        Lock icon UN weapons chief leaves Iraq
        66 11 AFP [BAGHDAD] UN chief weapons inspector Richard Butler left Iraq yesterday without an agreement on access to presidential palaces as demanded by the Security Council A UN official said Mr Butler held a final meeting with Deputy Prime Minister Tareq Aziz before flying out to
        AFP  -  66 words
      • Article, Illustration
        Lock icon Bone of contention
        71 11 Reuters [LONDON] David Cray of the British National Cattle Association carrying a beef rib joint to 10 Downing Street on Monday in protest against a ban in Britain on the selling of beef off the bone, which became effective at midnight. The ban was instigated to quell
        Reuters  -  71 words
      • Article
        Lock icon UAE buying 30 Mirage fighters
        83 11 AFP [ABU DHABI] The United Arab Emirates (UAE) yesterday announced the purchase of 30 Mirage 2000 fighters in a US$2 billion (553.4 billion) deal with France, during a visit by French President Jacques Chirac. UAE army chief Mohammad ibn Zayed al-Nahayan said the deal would
        AFP  -  83 words
      • Article
        Lock icon Reading of Russian budget postponed
        76 11 AFP [MOSCOW] Russian deputies voted yesterday to postpone a second reading of the country's much-delayed 1998 budget which would have allowed the government to fund itself in line with the new draft, Interfax news agency reported. As a result, Prime Minister Viktor Chernomyrdin signed an
        AFP  -  76 words
    • Article
      Lock icon WTO pact raises many issues for insurers
      568 11 SINGAPORE Unless countries really want to open up, it won't happen: exec Reuters THE weekend pact to bring financial services liberalisation talks under the aegis of World Trade Organisation (WTO) raises as many issues about the future of the insurance industry as it
      Reuters  -  568 words
    • Article
      Lock icon US consumer prices up just 0.1% in November
      557 11 WASHINGTON Fed not expected to change rates today and may consider rate cut in new year Bloomberg THE US consumer price index the broadest gauge of costs for good and services rose a smaller-than-expected 0.1 per cent in November, holding the annual
      Bloomberg  -  557 words
    • Article
      Lock icon Good for US$ to have real rival: Bonn
      327 11 COLUMBIA. South Carolina Reuters GERMANY tried to reassure the US on Monday about European Monetary Union, saying that it would be good for the world to have a second currency to challenge the dollar's dominance. "With the creation of the euro, the
      Reuters  -  327 words
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  • KOREA'S PRESIDENTIAL ELECTION
    • Article, Illustration
      Lock icon Winner's agenda dictated by IMF
      1355 12  -  Koreans robbed of debate on their most pressing concern economic sovereignty as all candidates toe IMF line Byl Louis Beckerling [SEOUL] OUTH Korea's presidenM tial election to be held to- morrow will capture a defining moment in the country's history. It will install into the
      REUTERS  -  1,355 words
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      23 12 How to control a 2-ton beast with a mouse m V w «i v •%r H p!\M.!V T t r'f T P ItllßfJS
      23 words
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      Page 12 Advertisements Column 2
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  • EDITORIAL & OPINION
    • Article, Illustration
      Turkey issue asks questions of EU tolerance
      725 13  -  OPINION THE BOTTOM LDVE By Shada Islam The writer is a Brussels-based journalist who contributes to BT SMALL WONDER that Turkey is talking about discrimination. European Union leaders who met in Luxembourg on December 12 and 13 for their traditional year-end summit opened
      725 words
    • Article
      IN OTHER WORDS
      132 13 'In this season of the Winter Solstice may reason prevail. There are no gods, no devils, no angels, no heaven or hell.' -aagn fay the US Freedom from BeHgjon Foundation next to a public Christmas Tree in Madison, Wisconsin. 'For years we (in Africa) were lectured about
      132 words
    • Article
      US key to climate treaty
      569 13 EDITORIAL AFTER a chaotic 48 hours of non-stop negotiations at the United Nations climate summit in Kyoto, representatives from 159 countries concluded a treaty last week that commits the world's developed countries to binding limits on emissions of waste greenhouse gases that scientists say are
      569 words
    • Article, Illustration
      Lock icon For whom the roads toll
      1017 13  -  In the current slump, investors are getting nervous about upcoming Malaysian toll-road projects By Meera Tharmaratnam The writer is a Kuala Lumpur-based journalist who contributes to BT WHEN United Engineers (M) Bhd first sought financing for the 7.8 billion Malaysian ringgit (553.35 billion) construction of
      FILE PHOTO  -  1,017 words
    • Article
      WHAT THE OTHERS SAY
      850 13 EU may have poshed Turkey THE European Union, by rejecting Turkey at last weekend's summit, may have pushed the Turks closer to the camp of Islamic fundamentalism. The decision was shortsighted. Turkey has for some time teetered between Western democracy and strict Islamic principles. Had it
      850 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      39 13 DOOMUSBPRY By Garry Trudeau S FRANKLY, I'M PEARL! POSS mONTHOSePAYZMHeN GETTING ART OH.NO MY MO7HERKNOOJ I 5H£ ACTUALLY pees GO CONCERNS? JSSL, I zttfti WU SMOKE? \muvN6jN TUB PARK. A ABOUT THEMAN- MW&R- I 11 a£aNG I 7 I
      39 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Tragicomic Christmas
      751 14  -  There is black humour amid the region's financial woes, says Christina toh-pantxn CHRISTINA TOH-PANTOT Reuters SEVEN-year-old Poom is being haunted this year by the ghost of Christmas past. With Thailand crunched by an economic crisis that spread the "torn yam" contagion effect to the rest of Asia, she
      Reuters; FILE PHOTO  -  751 words
    • Article
      Lock icon Mental stress affects blood flow to heart
      480 14 HEALTH Stress-heart disease link shown in study on healthy people LATWP [NEW YORK] In a reminder that heart disease starts developing years before symptoms show, Johns Hopkins researchers uncovered a connection between apparently healthy people who are stressed and early signs of heart
      LATWP  -  480 words
    • Article
      Lock icon Benefits of Finnish margarine
      176 14 HEALTH Reuters [WASHINGTON] A Finnish margarine product derived from pine trees normalises cholesterol levels in a third of women who use it, a study published on Monday found. It works so well that some women do not need their cho-lesterol-lowering medication, Tatu Miettinen of the University
      Reuters  -  176 words
    • Article, Illustration
      Lock icon Donna Karan for under US$2OO
      576 14 FASHION Designer licenses new lower priced range of products to Liz Claiborne NYT [NEW YORK] Donna Karan who made her name selling four-figure jackets and gowns, will now offer a range of products for under US$2OO (*****). She is entering this arena with a collection
      NYT; FILE PHOTO  -  576 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      375 14 r' PBE-CHBISTMAS SPECIALS flrjißK IS 4. 23 'December 1997 Pre-Christmas Specials Buffet Lunch 5522.00 (adult) SSls.oo(child). 12.00pm 2.30pm MW Buffet Dinner 5526.00 (adult) SSI 5.00 (child). 6.30pm -10.00pm 24 4 25 December Christmas Eve Buffet Lunch 5526.00 (adult) SSls.oo(child), 12.00pm 2.30pm Buffet Dinner SS4s.oo(adult) 5520.00 (child). 6.30pm 10.30pm Christmas Day
      375 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      902 15 Buy It. Sell It Find It. Classified Call Today For Results Tomorrow. CA.T.S. Where to wine, dine and entertain... !< >> 5|H I Tbe Hubert us Grill returns by popular demand for Xmas Eve Day and New Year's Eve Day only. Serving our I renowned gourmet buffet. So call 839
      902 words
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      Page 15 Advertisements Column 2
      155 15 -35Mantlarin Singapore Presenting The Longest Buffet Spread at Mandarin's Annual CHRISTMAS FUNLAND 25 Dec 1997, Thursday 1 lam 3pm Mandarin Ballroom Join us for fun 9c games with Moe Alkaff Call 831 for your tickets J^J2hnstmat 333. Orchard Road, Singapore *****7. Tel: *****11 THE CHRISTMAS STORE Hofel Lobby, Isf 2MU
      155 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      770 15 TV&BADIO 11.00 Business Day. 130 Paramapadam. vWmmmssm* ii.w 3rd Rock From The Sun 7.00 Chaturanga. 2-00 PM TV Innovations. Jolly Old St.Dick. 7.30 Tamil Seithi (News) (T). 2.30 The Winners. 1L45 Mad About You Chick- 8.00 Berita 12 (News) (M). 3.00 Money, Money, Money. en Man (See Our Choice) 830
      770 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      210 15 CRYPTIC CROSSWORD scher-Dieskau (8) 11 Its blade could injure a girl postal service (7,8) P 22 Publicity causing a fellow to jJ ~■■pi 24 Broadcast supporting wage 22 I I I I I I VV IB demand (8) 25 Entertaining tale made deacon take note (8) 26 Old Mongolian thanks
      210 words
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  • WIRED FOR BUSINESS
    • Article, Illustration
      Facing the enemy within
      820 16  -  The greatest threat that a high-tech company could come up against is an inside job, as toh ban shxh learns TOH HAM SHIH INTERNET security is not simply a matter of shielding a company with high technology, says an expert in the field, Marcus Ranum. Rather,
      820 words
    • Article
      Clear policies needed to tackle problems
      313 16 MARCUS Ranum recommends that to tackle the problem of electronic security, companies should establish policies for their staff and in their relations with other firms. He said policies are needed to communicate to people "what to expect" and how to react before there is
      313 words
    • BOOK marks
      • Article, Illustration
        Eudora developer offers free e-mail
        98 16 THE developer of the popular Eudora e-mail, Quakomm, has joined Hotmail, Juno, Net Address, Mail City and, more recently, Yahoo! in offering free e-mail accounts to Internet users. Called Eudora Web-Mail, the service is powered by Who Where? (Http:// www. whowhere.com), a Web site that
        98 words
      • Article
        The Net spreads its web
        132 16 A REPORT from marketing services company Intelliquest shows that 27 per cent of the US population aged over 16 use the Internet In the past three months, some 4.9 million US adults logged onto the Web. Another 16 million Americans have expressed interest in going
        132 words
      • Article
        Weeding out junk mail
        113 16 DEJA News—a popular service that archives Usenet newsgroup discussions—is taking a firm stand spamming on newsgroup postings on the Internet Spam Is jargon for junk mail to e-mail boxes via the Net Deja News has added new filters to block postings of unsolicited commercial mail. It
        113 words
      • Article
        EC to spend US$ 8m on Net guidelines
        102 16 THE European Commission (EC) will invest about US9B milium (5J13.5 million) In implementing Internet guidelines in 1996. Taking the cue from the US, Europe will be devising guidelines to protect the public from pornographic Web sites and other sites that are "offensive
        102 words
      • Article
        hackers threaten mass destruction
        107 16  -  Francis Ang THE world's most popular Web site, Yahoo! (http://www.yahoo.com), was recently attacked by hackers who threatened massive destruction of the world's computer systems if their demands were not met But Yahoo! said no files were destroyed and no outside computers were invaded. The hacked page
        107 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      257 16 Q\ou're on the Internet. Aru! fxttple are visiting your virtual store in droves. So how conic they 're not snapping up ivhat you're selling? i'aced ivith this issue, Hrel Software derided to rail in 111 M. Ihe pnJdemY httenlial customers spent too mu<h time arul effort searching through existing on-line
      257 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Cerebos' net down 21%, flat growth seen in short term
      642 17  -  Group profit lower than expected, hit by $10m provision for possible return of stocks from China By Catherine Ong [SINGAPORE] Cerebos Pacific is bracing itself for tough times ahead. It reported a 21 per cent drop in group net profit
      642 words
    • Article
      Scotts forms venture with Seacorp
      244 17  -  New company will iMnagft service apartments in ITsia By Conrad Raj [SINGAPORE] Ascott International Management Pte Ltd, the wholly-owned service apartment arm of listed Scotts Holdings, yesterday formed a joint venture with Malaysia's South East Asia Development Corporation Bhd (Seacorp) to manage service apartments in
      244 words
    • Article
      Creative's recent acquisitions based on sound strategy
      781 17  -  HOCK LOCK SIEW Jennifer Lien WHAT with all the sharply negative sentiment over Creative Technology and its foreign currency exposure, investors have bashed down the company's shares in recent weeks, barely paying attention to one significant development: Creative's acquisition of US-based audio company
      781 words
    • Article
      Lock icon Shangri-La Asia denies it's planning to buy M'sian unit
      190 17 Bloomberg [HONGKONG] Shangri-La Asia, the hotel operating arm of Malaysia's Kerry Group, said it wasn't currently considering a plan to buy the group's Malaysian unit. The Hongkong Economic Journal had earlier cited a report from Nikko Research Centre (HK), saying that
      Bloomberg  -  190 words
    • Article
      S'pore bank shares fall on Indon debt default fears
      225 17  -  Investors shrug off high S&P ranking of local banks By\ R Sivanithy [SINGAPORE] Investors yesterday shrugged off upbeat news that Singapore banks are among the strongest in emerging markets, reacting instead to worries stemming from the currency crisis to send local
      225 words
    • Article
      Ahmad Mattar, Ong Teck Gee quit as CAM directors
      270 17  -  By, Annette Pan [SINGAPORE] CAM International yesterday announced the resignations of Ahmad Mattar and Ong Teck Ghee as independent non-executive directors effective Dec 1. Both joined CAM'S board of directors in June this year, with Dr Mattar, a former cabinet minister,
      270 words
    • COMPANIES
      • Article
        TuanSing associate buys stake in Aussie hotel group
        360 18  -  By. Abdul Hadhi [SINGAPORE] Tuan Sing Holdings' listed Australian associate Grand Hotel Group (GHG) has acquired a 10.6 per cent stake in Australian Tourism Group (ATG). GHG is also looking at a possible merger between the two groups, which is likely to
        360 words
      • Article
        Dragon Land likely to list in US$
        508 18  -  Firm headed by two MPs gets SES nod for mainboard listing By i Carol Eng [SINGAPORE] A property development company which specialises in China real estate developments has received in-principle approval from the Stock Exchange of Singapore for a mainboard listing, likely to
        508 words
      • Article, Illustration
        Lock icon In line for a record
        53 18 [PHNOM PENH] A continuous 6,152 metre-long clothesline, spelling out the Unilever soap brand Viso, is seen here from a helicopter over Phnom Penh on Monday. The world record clothesline, which was put up by a team from Unilever (Singapore) Pte Ltd, consists of22,oooclothes pegs holding
        REUTERS  -  53 words
      • Article
        Lock icon Two red chips to join HK index in Jan
        456 18 Bloomberg [HONGKONG] China Telecom (Hongkong) and Shanghai Industrial Holdings will join Hongkong's benchmark Hang Seng Index from January, reflecting Chinese companies' increasing importance in the former British colony. The companies will replace Shun Tak Holdings and South China Morning Post (Holdings)
        Bloomberg  -  456 words
      • Article
        Lock icon TA Ent unit buys hotel stakes for RM 71m
        135 18 AFX-Asia [KUALA LUMPUR] The property unit of TA Enterprise Bhd plans to make two acquisitions worth 71 million Malaysian ringgit (5J30.7 million). TA Properties Sdn Bhd plans to buy from Promet International Ltd a 48.04 per cent stake in DC International
        AFX-Asia  -  135 words
      • Article
        Lock icon Angkasa Suci buys 51% of Jardine Pac's sanitation unit
        320 18 Stake in Reliance Environmental to cost RM4J>m Bernama [KUALA LUMPUR] Angkasa Suci Sdn Bhd, a bumiputra company, has acquired 51 per cent of Reliance Environmental Services Sdn Bhd. a sanitation and cleaning services subsidiary of Hongkong's Jardine Pacific for about 4.5
        Bernama  -  320 words
      • Article
        Westmont audits books for irregularities
        494 18  -  Subsidiary S&b&h Shipyard also included in probe By Meera Tharmaratnam in Kuala Lumpur POSSIBLE irregularities in deals by Westmont Industries Bhd's previous management who quit in a boardroom reshuffle last year prompted it to launch its own audit into its financial records and those of
        494 words
    • REGIONAL/ INTERNATIONAL COMPANIES
      • Article
        Lock icon Ford, Daimler join hands to produce green cars
        394 19 US carmaker to invest Cs6oom in project to produce fuel-cell powered vehicles by 2005 FT [FRANKFURT] Ford Motor of the US is joining Germany's Daimler-Benz in an attempt to manufacture environmentally friendly vehicles by 2005 using advanced fuel cell technology which reduces
        FT  -  394 words
      • Article
        Lock icon Intel clears obstacle to acquisition
        162 19 Bloomberg [WILMINGTON, Delaware] Chips Technologies Inc shareholders have agreed to settle lawsuits over Intel Corp's proposed US$42O million (*****.9 million) purchase of the company in return for more information and a cut in the transaction's fees. Shareholders of the graphics chip maker in Delaware and
        Bloomberg  -  162 words
      • Article
        Lock icon TSE okays 3 industry index futures
        367 19 Fixtures contract on index to be tot in Jan Bloomberg [TOKYO] Tokyo Stock Exchange (TSE) board members have approved listing futures contracts for three industry indices, the first of a series erf" new products to be launched next year. The exchange will offer a
        Bloomberg  -  367 words
      • Article
        Lock icon Guinness-GrandMet merger: US FTC orders record selloff
        299 19 Reuters [WASHINGTON! The US Federal Trade Commission on Monday announced tentative approval of a US$4O billion (5567.7 billion) merger of Guinness pic and Grand Metropolitan pic to form Diageo pic, conditioned on the largest divestiture it has ever ordered. The FTC said the
        Reuters  -  299 words
      • Article
        Lock icon Micron Technology Q1 net income plunges 53%
        170 19 Bloomberg [BOISE, Idaho] Micron Technology Inc said fiscal firstquarter net income plunged 53 per cent, a bigger decline than expected, as the maker of memory chips used in personal computers continued to be hurt by falling prices. Micron Technology said net income in
        Bloomberg  -  170 words
      • Article, Illustration
        Lock icon Christie's up for auction as SBC mulls bid
        304 19 Reuters AFP [LONDON] Britain's Christie's International pic, purveyors of Fine art to the highest bidder for over 200 years, found itself on display in the world's corporate auction room on Monday. SBC Warburg Dillon Read, the investment banking arm of Swiss Bank
        Reuters; AFP; FILE PHOTO  -  304 words
      • Article
        Lock icon Washington Post Co's new buys
        186 19 LAT-WP (WASHINGTON) The Wash ington Post Co announced acquisitions on Monday that bring it further into the career fair, technology news and high-tech trade show markets. Kaplan Educational Centers, a Post Co division that offers nationwide test-prepara-tion courses, acquired the Lendman Group, a producer of
        LAT-WP  -  186 words
      • Article
        Lock icon Microsoft to appeal browser ruling but will comply
        243 19 Reuters (SEATTLE] Microsoft Corp said on Monday it would appeal a federal judge's order temporarily changing the way it licenses Windows 95 while it complies with the ruling but the government denounced its attempt at compliance. William Neukom, a Microsoft vice-president and
        Reuters  -  243 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon UBS staff face bonus cuts for 'negative behaviour'
        444 20 Policy to stop staff from seeking oat new employers, set barriers for poachers FT Bloomberg [LONDON] Staff at Union Bank of Switzerland have been warned that "any negative behaviour" relating to its integration with Swiss Bank Corporation could result in a cut
        FT; Bloomberg  -  444 words
      • Article
        DBS, OCBC among arrangers of US$ 20m loan for China bank
        226 20  -  Xiamen bank to use 3-year FRCD for working capital By Soh Tiang Keng [SINGAPORE] DBS Bank, OCBC Bank and two Japanese financial institutions have arranged a US$2O million (5533.9 million) floating rate certificate of deposit (FRCD) issue for China's
        226 words
      • Article
        Lock icon CBOT gets nod to list 'natural disasters' options contracts
        198 20 Reuters [WASHINGTON] US federal regulators have approved a proposal from the Chicago Board of Trade to list options contracts for protecting insurance companies against losses from specific hurricanes or earthquakes. The exchange plans to latinch the contract during the first quarter
        Reuters  -  198 words
      • Article
        Lock icon HK bank eyeing Philippine, Indon banks
        194 20 Bridge News [HONGKONG] Hongkong's Bank of East Asia is looking for potential acquisitions of commercial banks in both the Philippines and Indonesia, David Li, the bank's chairman and chief executive, told Bridge News yesterday. Speaking after the signing ceremony for the bank's maiden issuance
        Bridge News  -  194 words
      • Article
        Lock icon Building slowdown may hit some US banks
        448 20 Those with large loan exposure in West Coast are most vulnerable: FDIC Bloomberg [WASHINGTON] US banks with large commercial loan and construction outfits on the West Coast are becoming more vulnerable to potential slowdowns in the construction industry, the Federal Deposit Insurance Corp
        Bloomberg  -  448 words
      • Article
        Lock icon PaineWebber revamping Nasdaq unit
        321 20 Bloomberg [NEW YORK] PaineWebber Inc said it is reorganising its Nasdaq stock trading unit because competition and regulation in the market have increased and that seven traders, including the head of the unit, are leaving the firm. Richard Bruno, the 51-year-old head of the unit, will
        Bloomberg  -  321 words
      • Article
        Lock icon Oil firms hope to escape won woes
        243 20 ENERGY REPORT Reuters [SINGAPORE] South Korean oil companies, banking on quick turnover and strong domestic profit, were yesterday looking to come through the country's economic crisis largely unscathed. However, the country's smallest refiner Hanwha Energy showed the first battle scars with bankers saying
        Reuters  -  243 words
      • Article
        Investors cautious on talk of rate rise
        154 20  -  MSCI TAIWAN FUTURES By Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures traded in a tight range yesterday as investors remained cautious due to rumours of a rate rise in Taiwan combined with the
        154 words
      • Article
        Lock icon Gold council sees stronger prices soon
        272 20 Reuters [CAIRO] The World Gold Council (WGC) said that the recent slump in gold prices was petering out and positive comments by central banks could help buoy the precious metal from its lowest level in 18 years. 'The market is reacting on rumours but
        Reuters  -  272 words
      • Article
        Lock icon CURRENCY REPORT
        278 20 Reuters AFP Ifflwlwi THE US dollar gained ground ahead of a rate decision by the US Federal Reserve and the announcement of a Japanese economic recovery plan. At 1250 GMT, the dollar was at 1.7812 marks against 1.7713 on Monday and at 131.13 yen against Monday's 131.10. The
        Reuters; AFP  -  278 words
      • Article, Illustration
        Untitled
        1382 20 nrrERBAWK 0088 RATES Decie cs mt fk 9m wn—wi o» unm* tyawf m Austral* 0424 6.178 0.585 IBM 164 9.038 25.661 ***** 0490 9216 2542 1.128 ***** 2199 191 IHO IfH 2WW317<* 0218 048»4 j Can* L0C2 5J40 0433 493 1249 5493 27.775 48.457 0.920 10.040 2.751 1221 31.0402S3Z5 1192
        1,382 words
    • Article
      COMMODITY PRICES
      1612 21 gcoi FUTURES Dec 16 ■HO (MmMiail UQaaO KSlCOVTtACT(ScMbAa> ClH* Ww OpM Wawtt Mgi Lot Satt (I—m) IwtT—t JMtt H7.00 370 NOtt 1*25 750 Mar 90 119.25 MS Apr/jMtt 07.00 ***** 125.25 B60 1(700 09.75 046 0ct/0K tt 133.75 133.50 133.00 000 3750 HOCMmutroscMHAtf MM OPM MMtfc LOT Srtt
      1,612 words
    • Article
      WORLD STOCK MARKETS
      2194 21 LONDON NcW hw 31 Croup 509 I AB Ports 290 -3 AMey National 1147 97 *6 Am* 120.600 .600 Asda Croup 174 H SAT tnd 564.400 18.400 BG Pic 292.400 6.400 BKC 161 imch BOC Group 961 *14.120 BR Petroleum 816.400 3.400 BTR 179 -2 Ban* o<
      2,194 words
    • Article
      Lock icon TOKYO
      1605 21 AFP O Nikkei 225 +75J2 SHARE prices rose moderately yesterday on positive expectations for a package of economic and financial measures to be adopted later in the day. Investors turned buyers in the afternoon session as buying by public funds continued to emerge. The buying was also triggered by
      AFP  -  1,605 words
    • Article, Illustration
      Lock icon HONGKONG
      1537 22 AFP P Hang Seng ■88.77 STOCKS fell yesterday as worries over the regional currency crisis and its impact on corporate earnings weighed down investor sentiment. "There were persistent worries over the regional currency crisis," said an analyst. He said trading was "quiet" as most fiind managers have closed their
      AFP  -  1,537 words
    • Article, Illustration
      Lock icon CHINA
      611 22 Reuters Q Shenzhen B Index -2J5 THE Shenzhen B share market ended sharply lower yesterday, with selling pressure increasing after the market's recent successive losses. The B Index slumped 2.15 points to 96.99 on turnover of HKIIB.B million. The market has now lost ground for six consecutive sessions. "More
      Reuters; Source:  -  611 words
    • Article
      Lock icon TAIPEI
      378 22 AFP QwPlafax AIM SHARE prices finished 0.6 per cent lower yesterday as investors locked in profit amid regional financial uncertainties, dealers said. The TSE Weighted Price Index fell 47.84 points to 8,193.65. Turnover was 2.3 bilion shares worth NT1107.5 billion. Falls beat risers 258 to 133, with 70 issues
      AFP  -  378 words
    • Article, Illustration
      Lock icon JAKARTA
      662 22 AFP POmpoßtahigi *1186 SHARE prices rose yesterday on government support for state-run blue-chip companies and central bank intervention to prop up the ailing rupiah. Dealers said the market was also boosted by rumours that the government was planning further reforms. The Composite Index rose 16.85 points to 356.39. Turnover
      AFP  -  662 words
    • Article, Illustration
      Lock icon BANGKOK
      812 22 AFP nSETMn +155 STOCKS finished higher yesterday as speculators hunted for bargains, dealers said. The SET Index rose 2.55 points at 370.28, despite another volatile day for the Thai baht which broke through 49 to the US dollar before clawing back to 47.70-48.00. The bourse rose on volume of
      AFP  -  812 words
    • Article
      Lock icon MANILA
      287 22 AFP Manila -1&2 I SHARE prices fell yesterday, with market sentiment weighed down by the peso's continued decline to all-time lows against the US dollar. The Composite Index lost 18.29 points to 1,801.38. Turnover was 708.1 million shares worth 858.1 million pesos. The peso inched its way past an
      AFP  -  287 words
    • Article
      Lock icon SEOUL
      392 22 AFP rlOompoßf Mb +18.41 SHARE prices closed 4.8 per cent higher yesterday as investors reacted positively to the float of the won. The market saw institutions take profit among blue chips in the afternoon but robust interest by retail investors sustained the early advances made after the government floated
      AFP  -  392 words
    • Article
      Lock icon SYDNEY
      589 22 AFP H All Primaries +112 SHARE prices rose 0.5 per cent yesterday, buoyed by gains in industrial stocks and positive performances turned in by the London and New York stock markets overnight. Brokers said Asian markets had little impact on the Australian market. The All Ordinaries Index rose 13.2
      AFP  -  589 words
    • Article
      Lock icon WELLINGTON
      253 22 Bloomberg F1 Wellington +L3I SHARES closed slightly higher yesterday, as the decline in the New Zealand currency boosted stocks traded both here and in Australia. The benchmark NZSE Top 40-share Index rose 1.39 points to 2,332.36. Within the index, advancers outnumbered decliners by 21 to 17.—Bloomberg •k* m *b
      Bloomberg  -  253 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        7435 23 Cmmmw prefects W*T Lut Vol Day Mat Cm U» Clin MM •OOP Hlgp lo» P/l $a«6 790 220 Ajlnomoto 220 -10 21 230 220 12-2 89.2 44# na Anglusa 119 -10 HO 130 na 2 8 175.5 90S 240 ApotoFoodHig 249 31 15 251 240 7.2 99.8 785 248 SarlayeLaM
        7,435 words
      • Article, Illustration
        Lock icon Regional concerns drag prices lower
        527 23 AFX-Asia Q Composite Into -14J< SHARE prices closed sharply lower yesterday on continuing regional financial concerns and the poor outlook for corporate earnings. The KLSE Composite Index lost 14.16 points at 544.31. The Emas Index fell 4.09 points at 145.34 and the Second Board Index
        AFX-Asia  -  527 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3299 24 IM7 Last VI Day Last Dwto A«| High Lm Stna C»m>n Sal* w COOO) M0i Law Bwyar SaMar Prtca 66 12.5 m 3000 m A MOB cS.5******6 13 -O S 23 O 123 T> 81 V4.5 3160 *Acar ******1USS 15 K1.5 140 15 14.5 13.5 15 t31 21 3164 Acma
        3,299 words
      • Article
        Avoid TimberMaster wrt despite ample time, conversion discount
        189 24  -  WARRANT WATCH -By] R Sivanithy UNDER normal circumstances, a warrant that expires in 2001 and trades at a conversion discount of 11.7 per cent would be worthy of a second look. In a market as vulnerable as this, and afler looking at
        189 words
    • Article
      CLOB INTERNATIONAL
      2108 24 MALAYSIAN STOCKS Or Or tWT Laat Ml Day Last Oh«> 0* Mv VM Nat M C«* HH» Law stna Caagawy sm fOOO) Law Buyar »a8*r CV W 59.5 HI 5000 AISB50C— 59j"cd *3 22S M 593 60 61 53 13 II 2U 610 137 23 (US 5001 AM06
      2,108 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1700 25 TUtWOVW ('OOO) VAiUC £000) Wte oi> Q»* TM1 79,636 30,510 110,1*6 IHMT 17,2*1 201*2* n«KI 1741S ***** 35,429 «*,961 uikZ *****3 Hotots VH SOS 3.716 4,926 170 5,096 PreotrtMs 12,445 12.361 24.S06 42.V4* 3.638 49.7*6 nwtatlon 3.936 ***** 2.09* 2.09* MM* 507 507 292 252 M.W <26* 12.396 *664 1.051
        1,700 words
      • Article
        MAIN BOARD
        5219 25 Or Cr M Wt 1997 Last Vol Day Last Ouoti Olv Olv Yid Net Cap Avq High Law StNo Company Sal* COOO) High Law Buyar Sailer C'vr P/C SmM Price MBUSTUALS 157 26 a 1020 ACC 0ynamics60c 27 -3 634 33 26 26 28 22 35 5146 ASE
        5,219 words
      • Article
        SESDAQ
        1163 25 7 L*' VI Day Last Oust* Mv Olv YM Nat Cap Am High Low StNo Company Sa4a COOOI HH> Law Bwyar Mtf C'yr P/I Mca SCSOAO 186 76 a 2000 ABRHMqsSc 135 *i 47 135 130 134 135 3.0 6 0 0.1 192 9 600 135 448 144 a
        1,163 words
      • Article
        Untitled
        223 26 ISSMSZBHHS Stocks Volume SingTel 15c 9,974,000 ST Engg 10c 7,755,000 'Rekapacific Bh 7,094,000 *MBf Capital 7,072,000 Asia Foodi Prop 6,084,000 *RHB Cap Wt99 4,916,000 F&N 4,518,000 HK Land USIOc 4,461,000 OCBC Foreign 4,248,000 Hotunq Inv NT5 4,001,000 Stocks DBS Foreign 53,696,400 OCBC Foreign 40,565.564 UOB Foreign 36,635,254 F&N 31,413,460 SingTel
        223 words
      • Article, Illustration
        HOT STOCK
        61 26  -  -by Ven Sreenivasan OUB FOREIGN, which fell 30 cents to fS.9O yesterday on a turnover of 3.6 million, is currently 22 cents below its 30-day moving average. Although both the daily and monthly RSl's are in oversold region, the momentum indicators suggest that the counter will continue heading
        61 words
      • Article, Illustration
        Lock icon Sing dollar's weakness, F&N depress market
        694 26  -  STOCK MARKET COMMENTARY Despite SAP's upbeat ratings, banking stocks hit badly on worries over debt exposures to Indonesia; finance index down 2.3% Bu R Sivanithy [SINGAPORE] Against an unchanged backdrop of weakness in regional currencies, a sudden slide in the Singapore dollar yesterday and
        Chart info from Bridge  -  694 words
      • ON THE GRAPEVINE
        • Article
          Field day for head-hunters
          121 26 ONE of the busiest people these days are head-hunters who specialise in placing financial people. They are enjoying a bonanza because of the number of financial institutions all over Asia retrenching staff. One head-hunter told us this is the best year for him ever, as he
          121 words
        • Article
          Never say die
          124 26 HERE'S another example Singapore ministers can use if they want to show the different traits between Singaporeans and Hongkongers, according to a Singaporean observer who lives in the Special Administrative Region of China. Remember the story of the teenager who lost HK$l.6 million (*****,400) in the stock
          124 words
        • Article
          Changes at ÜBS Securities
          100 26 SIMON HAYES has replaced Rene Sedleger at ÜBS Securities. The latter Is returning to Zurich as regional head of equities at ÜBS Securities (East Asia) Ltd. Mr Hayes, 36, will manage both ÜBS' stock brokerage and equity trading business in Asia, excluding Japan. He will be
          100 words
        • Article
          Mauritius beckoning
          87 26 THESE days, everybody seems to be building distribution centres or "distriparks". The latest is in Mauritius. Among the projects the government has in the pipeline is the development of some 350 ha in its port area for light engineering. Mauritius claims access to "a possible market potential" of
          87 words
        • Article
          No end in sight
          108 26 ONE stockbroker who lives in the vicinity of Holland Road has been stressed out by something other than the great depression in the stock market. The bane of his life is the yet-to-be-corapleted flyover at the junction of Holland Road and Farrer Road. Construction has been
          108 words
        • Article
          A crucial difference
          28 26 SOMEONE sent this to us on the Internet What's the difference between God and a currency trader? Answer: God does not think He's a trader.
          28 words
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      Page 17 Advertisements Column 1
      58 17 T TV JX. PROPERTY FINANCE FROM SINGAPORE. For further information, please contact either Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 Highly Competitive Interest Rate Fast and Convenient Service Flexible Loan Package Pre-purchase Approval r --9m The Royal Bank A* of
      58 words
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      Page 18 Advertisements Column 1
      117 18 Enjoy fine Cantonese cuisine jjj in the most elegant surroundings Only at the Hua Yuen Chinese Restaurant At Hua Yuen Chinese Restaurant, you'll enjoy a full range of fine Cantonese food, at mouth-watering prices Set menus start at $29* per person Just choose one of our exclusive dining rooms with
      117 words
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      Page 18 Advertisements Column 2
      60 18 nap SAVE THES~N4T\S\ EARTH. \W (And get paid for doing V^l^y Give the Earth and other Singaporeans a helping hand offer J J someone a paid lift J 1 Wv to work each day! 1 To experience the rewards of saving J 1 A the environment call 1800-*****66 1 /Xj\
      60 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      70 19 When you rent a car to impress, choice counts. Luxury or economy self-drive. Japanese or Continental. We have the widest choice to match your style or budget. Just pick up the phone and name us your choice. Our variety is a unique customer privilege you'll benefit out of most. Insist
      70 words
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      Page 19 Advertisements Column 2
      184 19 S7n keeping with t/ie true spirit of t/ie season, we 'ue cfe ci cfecf no/ to sencf you any cards /Ais CArist/nas! Rather than sending Christmas cards this year, Hongkongßank and other HSBC Group companies in Singapore will be donating 5540,000 to the following children's charities Singapore Children's Society and
      184 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      33 24 Ik Fibre Fountain Pen The New Millennium Watch g mm *mm VISIT ALFRED DUNHILL AT RAFFLES HOTEL ARCADE. THE PARAGON, NGEE ANN CITY. SOGO RAFFLES CITY AND DAI MAR U LIANG COURT. ft
      33 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      359 26 BUSINESS Notices WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF CLOSURE OF BOOKS First Final Dividend of 20% (less 26% Singapore Income Tax) on Ordinary Shares In respect of the financial year ended 30 June 1997 payable on 15 January 1998 At the Annual General Meeting
      359 words
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      Page 26 Advertisements Column 2
      146 26 IN THE MATTER OF STAR DIGITAL (SPORE) PTE LTD I Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Cap. 50. the Pinal Meeting of the abovenamed company, at which Members are entitled to appoint proxies, who need not
      146 words
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      Page 26 Advertisements Column 3
      145 26 IN THE MATTER OF AOLATIC RESOI RCE DEVELOPMENT (S) PTE LTD (Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN thai pursuant to Section 308 of the Companies Act. Cap. 50. the Final Meeting of the abovenamed company, at which Members are entitled to appoint proxies, who need
      145 words
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      Page 26 Advertisements Column 4
      44 26 To advertise call toll-free 1800-741 1883 BUY* SELL,/ FIND,/ Classified ads put home-seekers on solid ground. No matter what it is, you can always buy it, sell it or find it with the Classified. TOLL FR E 1800-737-1166 S Coll Today For Results Tomorrow.
      44 words
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      Page 26 Advertisements Column 5
      151 26 THE STRAITS TIMES CLASSIFIED YOUR GUIDE TO MORE PRODUCTS SERVICES Keeping track of business information j couldn't be easier rhrlTL, ...ycg, &*ylSiS pe fa IBffllr py i ttk *»*s braun 0 BOFFEL 1 "2^ —.r Name (Mr/Mrs/Ms/Dr): Age: Home address: Start my frmonth subscription to NRJC: Profession: TheßusinessTimes I r
      151 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      298 27 Bridge News Reuters TRADING was very sluggish with some brokers already wary that the sparks of optimism last week could be swiftly snuffed out. So far Atlantic Panamax rates remained at higher levels, but there has been little new prompt business although a few charterers remained pressed for
      Bridge News; Reuters  -  298 words
    • Article
      MARITIME STOCKS
      277 27 SCt '000 OotM t$ HI CWTOWrtkuUw _.0.77 -0.01 9 Chuon HUP 0.57 -0.02 75 Cooco Ipvostmont ...0.75 -CM 38 rraMDLMi 0.35 unch 799 0* I wMn» 0.31 unch 14 Hal Sun Hup 089 *0.04 127 Hitachi Zooon 0.475 -0.02 238 IMCHoMngs HK 5.60 Jaya Holdings 0.40 -0.025 4
      277 words
    • Article
      APL alliance unveils new service structure for '98
      530 27  -  Revisions will include nine sailings a week between Asia and US West Coast By] Marcus Hand [SINGAPORE] The service structure of the new global shipping alliance formed 1 by APL, Hyundai Merchant Marine and Mitsui OSK Lines will include nine sailings a
      530 words
    • Article, Illustration
      Lock icon Ship that sank a trawler
      54 27 [GHENT, Belgium] Port authorities looking up from the dockside at the Turkish freighter Ocean Transporter in Ghent on Monday after its overnight arrival. The captain of the freighter that failed to stop after colliding with and sinking a French trawler was being questioned by Belgian
      AFP  -  54 words
    • Article
      Lock icon Philippine joint venture builds first high speed ferry
      449 27 Lloyd's List [MANILA] A British-Filipino joint-venture the Philippines' first high speed ferry a 45-metre, gas turbine tricat at its Balamban, Cebu shipyard. FBM Aboitiz Marine, a tie-up between Isle of Wight fast ferry builder FBM Marine Group and leading Philippine transport conglomerate
      Lloyd's List  -  449 words
    • Article
      Lock icon US seeks improved access to China ports
      157 27 AFX-Asia [WASHINGTON] US officials will seek improved access to Chinese ports in a new maritime agreement to be negotiated next year, the US Transportation Department said. Preliminary talks ended early on Monday on the agenda for the negotiations for a new agreement to
      AFX-Asia  -  157 words
    • Article, Illustration
      Dubai govt halts dock training for Aussie soldiers
      535 27  -  Workers' body alleges troops will be used as strike breakers Reports by, Marcus Hand [SINGAPORE] The International Transport Workers' Federation (ITF) has scored a major victory with the halting of a controversial plan to train Australian troops in Dubai as dock workers
      535 words
    • Article, Illustration
      Soldier on the spot
      193 27 {SINGAPORE] Mike Hanlon (right) is the chief of the Australian soldiers who were being trained as dock workers in Dubai, supposedly as strike breakers on the Australian waterfront. All 70 personnel involved in the training had their visas revoked by the UAE government at the weekend.
      193 words
    • Article
      Is compromise on salvage issue the best way forward?
      774 27  -  STRAIT TALK By I Seafarer SALVAGE has become a complicated subject, almost arcane to the world at large. That indeed is one of the industry's problems. To simplify madly, salvage has been traditionally governed by the "no cure, no pay" principle.
      774 words
    • Article, Illustration
      Lock icon S Korean lines going places
      1132 28 MEW GIANTS OH THE SHIPPING SCENE Despite being relatively late starters, Hanjin and Hyundai are emerging as main players on the world liner stage Maritime Asia SOUTH Korea was relatively slow to enter the container age. Early services from North America and Europe did not
      Maritime Asia  -  1,132 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      373 28 PACE FL-Brigbt 15 AN. 3 F**ou* 7 AMe )6 Farwide M Accord 8 foonflSu" Ahrenktel 14 Frota 15 Appenship 5 FrtUnki 16 Astro 3 G Lin* 4 Austral 9 Gemartrans 8 Avant 16 Genshpg 9 B'tanq Mas 8 Glory Nav 16 BSA 7
      373 words
    • Article
      SHIPPING GUIDE
      18781 36 EXPORT ETA ETA Advertiser VasMl Voyaga Talaphona ETA ETA Advartisar Vassal Voyaga Talapho I SIN Ddsfn Nam* Kama Numtoar Numbar SM Dast'n Nam* Nam* Numfcar Nwafear MMM*MMM**MMMNMM*MN*NMMMMMHMMMnM*M*MNMHMMMMMmMl*!3 9MNMMMNMMMMMINMMMNMM*MNMMMMN*MM*MM**Mt*M*MNMMME>9Mi 22/B M/Ot Cho Yang HAMBURG SEN WFI02 65-*****U I A 22/12 M/OI DSEN HAMBURG SENATOR WFOT IS IMO lb ABIDJAN
      18,781 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        686 43 »wrt Voy Wo Bfth Arrival Ogjrtlljr* IJ»ya» ***** N J01 HupMl *12/1U0 to* $araya 021 JK HlMlHl *12/2300 OM Orw*# *711 J02 atontsidt *.12/2100 MIW 13/97 J03 HOMIMI *.12/0600 Huo 1 ***** J13 Mv« 20.12/0700 Hm* 177 21 J07 17.12/1200 Ub Virgo 9714 J* atongsx* *12/0*00 UiwM 37A
        686 words
      • Article
        CONTAINER SCHEDULES
        1565 43 RECEIVING Of EXPORT FCI CONTAINERS AND La CARGO BooMnQ/BMnc* Rstls Ship Voy Wo Et>/Btr Nrtod Frw To frwo AONKm OOM MM M B/BOO SAM a/1100 tmtmt MM MN U MM MM a/not B/B00 S/*» B/IMO aiw» toz» am i mm mm a/noo MM mm a/soo u mm mm
        1,565 words
      • Article
        GLOBAL HOLIDAY
        188 43 DM 23 Japan: Emperor's Birthday. Dm 24 Austria, Bulgaria, Czech Republic, Denmark, Finland, Germany, Luxembourg, Portugal, Slovakia Sweden New Year's Day. Switzerland: Christmas Eve. DM 28 Albania, Andorra, Angola, Argentina, Austria Australia: Christmas Day. Belarus, Bolivia, Brazil, Bulgaria Belgium: Christmas Day. Brunei: Christmas Day. Cameroon, Chile, Colombia, Congo,
        188 words
      • Article
        COCKETT BUNKER MARKET REPORT
        873 43 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price index change and the individual
        873 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        333 43 CartM HO Mn 993.9 U 0.4 0.09 56 0.03 Die fl OmltT Water IhMn Ask UwMm JtlMri Ho *om £25 1 12 10 0 300 Am *4.7 OJ U Ui M 0.02 i» 300 Mn 997-0 0.9 174 0.10 M 0.06 »w>n %in »m/M %m/M rrm
        333 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Carriers delaying aircraft delivery amid cash crunch
        552 44  -  ASTAW PTWAWriAT. fTPTSTg Cathay latest to defer purchase options, may also sell older planes due to regional woes By\ Felix Chan [SINGAPORE] Hit by the regional economic turbulence and with no respite in sight, Asian airlines are beginning to grapple with surging expenses,
        FILE PHOTO  -  552 words
      • Article
        Lock icon American airlines see silver lining in Asian economic cloud
        434 44 Bloomberg [CHICAGO] UAL Corp, Northwest Airlines Corp and other airlines flying between the US and Asia may have found a silver lining to the black cloud hanging over Asian economies. Plummeting currencies in Korea, Malaysia, Thailand, the Philippines and others are
        Bloomberg  -  434 words
      • Article
        Lock icon Argentina to stall sale of airports until court rules
        224 44 Bloomberg [BUENOS AIRES] Argentina said last week it would stall the US$3.3 billion (555.5 billion) sale of its airports until the Supreme Court decides whether it's constitutional. The government accepted bids for a concession to operate the airports last month even
        Bloomberg  -  224 words
      • Article, Illustration
        Lock icon Tajik plane crashes in Gulf desert
        470 44 77 passengers and 8 crew members killed, only 1 survivor AFP [SHARJAH, United Arab Emirates] A Tajik airline Tupolev 154 crashed into the desert just minutes before landing at Sharjah airport on Monday, killing 77 passengers and eight crew members, officials said. One person
        AFP; REUTERS  -  470 words
      • Article
        Lock icon Saab to stop producing civil aircraft
        342 44 Swedish group losing lbn kroner a year making turboprops Fi nancial Times [LONDON] Saab, the Swedish aerospace group, is pulling out of civil aircraft production with the loss of more than 300 jobs following increased competition and heavy losses in the turboprop market. The
        Fi nancial Times  -  342 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1583 44 cm flKHT HA FLIGHT ETD Frankfurt 0L2J 0655 Of05 2255 Ata DftaM 0*156 1725 0K157 2025 *025 0655 0126 2355 AtotaMa SO230 1920 LH786 1645 S026 2355 Amitanlam SO327 0820 S0328 2330 OF* 1840 LH787 2359 KL837 1540 'If VI 2335 Fokoofca S0989 1715 S0990 0115
        1,583 words
  • Page 27 Advertisements
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      Page 28 Advertisements Column 1
      1086 28 M——— EXPORT I I OTHER DESTINATIONS H DIRECT TO WEST COAST fH P WIST COAST OF CENTRAL AMBWCA MARQARtT* SiRVICH vgsa VOT eta aw tn> Ml u oar vq sea pal hou ooc NT MBOcoorr rasa Iwr I Mil Hawaii KJMA w cmma I MMiiMMt I sa■ uuuam ONSArtAHOAT 12ESS1
      1,086 words
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      Page 28 Advertisements Column 2
      58 28 Bknrnn CAPTRANS SHIPPING LTD WEEKLY SINGAPORE CALCUTTA HALMA SINGAPORE VHfc INVOY OUTVOY CAICIITIA iWOWOM CALCUTTA STEAMERS FAITH 001EB 002WB 08/12/97 17/12/97 22/12/97 STEAMERS FORTUNE IQ3EB 104WB 13/12/97 22/12/97 27/12/97 AHNTSi Sm Dragon Shipping Agonciai (A Division of Jardina Mafhoaon (Singapora) Lid) 1 Maritima Sqoora *10-46, World Troda Contra (Lobby D)
      58 words
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      Page 28 Advertisements Column 3
      606 28 Unes&se,v,cesrepfesen,ed "embers Fodders Accredited Shipping Agents CjAJU Association N®#..,*/ Singapore Stupping Association nd Asia. Shipping Times Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-2089 tamei ma im 17.11 10.11 mi mi air w.u 27.12 woo ILU H.n an mi OMT or or or oawan ma -M.it •nil m?
      606 words
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      Page 29 Advertisements Column 1
      1045 29 TO EUROPE FROM EUROPE I VESSEL VOY SM RTM tUM NV SOU LDT~ IVKSH. VOY «TN HAM BtV SOU UH KG S»T NEDUOYD EUtOfA 5507 11/11 M/OI 04/01 10/01 NBXIOYDOCEANA ******/11 M/ 11 »/11 17/12 11/12 000. NETHEXUNOS 1507 lt/12 04/01 06/01 W/01 10/01 RHINE 24*7 JO/11 02/12 05/12 04/12
      1,045 words
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      Page 29 Advertisements Column 2
      2317 29 0 HANJIN SHIPPING USA CANADA* rot va/voT I m I w aw imhaul/vot sa pox |na m on [phi mu» >os »wi |o« |irrc rvt yyc |tk rm m c ATUSOO3I B/12 a/12 h.kaohsm<g/o3ii i»/oi i«/ci u/oi io/oi ai/oi ai/oi ai/oi 21/01 a/01 a/oi 24/01 11/01 ai/oi" a/01 a/of" a/oT"
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      Page 30 Advertisements Column 1
      1449 30 <$T DSR-SENATOR In Round the World Container Services TOUK/CONTINENT FROM UK/CONTINENT 188 WOY aw ATM I AitT I 88V HAM~ fU LHA VCSStt VOT LHA RJ HTM WtV I HAM I SIN WMUMIBUTM WfS7O al2 13 81 14 01 14 #1 IS.SI 18.01 10.01 Dtfl ROSTOCK EEB7J 21 12 21
      1,449 words
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      Page 30 Advertisements Column 2
      1116 30 yml InMmM Web Srt« Mtp: //www.ym4.com.tw LuJ }%*Hkk \ik4iH tk J -H Ema hp72o T Cf *®Q-i f EVERY thursoay/SUMIAY VESSEL VOY sw CMS RTM HAM FXT LEH AMR MED TAIPEI 53/A7SOW 19H2 23/12 10/01 0SA)1 07/01 12/01 NORMANDIE BRIDGE J7SOW 21/12 07/01 09*01 1(V01 12/01 MING SOUTH J7SIW 25/12
      1,116 words
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      Page 30 Advertisements Column 3
      655 30 LINE Br TUi ISM3II PAXi 338H37 1 MUARA j 1 LABUAN VBSa VOT ETD ETA VBSE VOT ETD ETA STOM MUM SfOCE IM «moarr vsii/w su> w/n mm. aotr vsii/w su> 20/12 iPtOSFB V3OC/97 22/12 2S/12 iPtOSFB V9OI/97 22/12 2*/12 unoum rani 25/12 21/12 aphgukt v»/?7 25/12 21/12 J PtOSFB
      655 words
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      Page 31 Advertisements Column 1
      1353 31 VEBBEL VOY SIN BKK POU PKO PgH BLW SUB BA I BIK IRAN MEEZAN PJL-1281 11/11 20/11 24/11 MANTEYFOUM PJL-1260 18/11 24/11 IRAN MOWN PJL-1262 02/12 11/12 13/12 I IRAN VAHOAT PJt-1266 24/12 02/01 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA, KAZAKHSTAN, UZBEKISTAN.
      1,353 words
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      Page 31 Advertisements Column 2
      1509 31 COMPUMTMtUNE I 6SHf*TOWWAY Til: 226 1900 FAX: *****04 OUTWARD (l/l) jPmoSSSjSE^^ I COSTAR SHIPPING PTE LTD #17-06 06$ HOG SAUS/6KGS *****41/43 INWARD DOT (0/0) *****8S COSTAR AGENCIES (M) SDN BHD COWVt)CTK)WAI T/SHPMTPtW *****25 iSois%}Ml JFA* IS,, JSi, »a/WY Lit she hw aw mo at sm we U HI/OWN 11/1? 22/12
      1,509 words
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      Page 31 Advertisements Column 3
      546 31 I f EASTERN CAR UNER, I |fc I KL (SINGAPORE) TO lIP JSnSS, I SPECIALIZE IN RORO A HEAVY LIFT UTTO 122 TONS ECL (SM6ATORE) PTE lIP LOADING FOR BANGKOK/SUBIC BAY/MANILA PORT KLANG/KUCHM6/MUARA/ MV "ORANGE MOON" V.97 KOTA IONABALU ETA SIN 20/12/97 ETA BKK 24/12/97 MV "OCEAN BLUE" V.50 ETA
      546 words
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      Page 32 Advertisements Column 1
      1186 32 rsaTl ROM ANW KM THP ZEE INV LMV THf ROM ANW HM P*L MP E DAINTY RW-003 2V12 09*1 1«1 10/01 12*1 13*1 14*1 E GARLAND RE-081 22/11 2VII 23/11 2VII I*l2 L RESULT MMI 7 27/12 19*1 21*1 17*1 I*9l 29*1 21*1 E BLOWING RE-442 29/11 27/11 29/11 11/12
      1,186 words
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      Page 32 Advertisements Column 2
      877 32 yV/Vvj CWWO.HIII7IHW SOU; (094)*****9 MAMLA: <•») «120«C1 PBtANQ;(o4)an4a» BANGKOK: (M)aMTK SURABAYA: (31) *****0 P. KELAWa (03) *****77 JKT. (21) *****07 MP* (81)*****3 WISAM USA/JAPAN MV "HYUNDAI DUKE" V.308E MV 'GLOBAL HORIZON" V.046E ETA SIN: 22-12-97 ETA SIN: 21-12-97 ROTTERPAM/HAMBURG AUCKLAND MV "PUGWASH SENATOR" V.OOIW MV ''FRESHWATER BAY" V.32S ETA SIN:
      877 words
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      Page 32 Advertisements Column 3
      427 32 f*a> NANTAI LINE j FULLY CONTAINERISED SERVKETO MAURITIUS SOUTH AFRICA vtssa I VOT I SW I PUI I DW I (FT I gjjgT mm meow 003s 22/12 31/1; um ow jjjgHTljjjg OlfS a/12 12/81 wi mm vats m Mi 12/01 14/01 21/01 23/01 auamm 002s 12/01 22/01 24D1 31/01 mroifßiKEss
      427 words
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      Page 33 Advertisements Column 1
      528 33 i BSA a. Ml MYANMA PHI FIVE STAR UNE (MyoMMr Notioaol Um) 1 Loading far Yaagaa (Raagooa) vissa vor sw prg km pgu NPA-AN 239W NR PAIMON 144W SIB RAU TSU AONTS: WXttTIAD SUPPING AOf IKIES lUL TE 02-43-2417)00 PKL TO 02-03-*****41 PW: m 02-04-*****02 PGO: TU 02-07-*****21/4 BANK LINE
      528 words
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      Page 33 Advertisements Column 2
      1099 33 /HYUNDAI MERCHANT MARINE CO. LVD. [VBSQ VOT SHT UN RTX ANT NAM IMK I F& IVBSa MY EMPftOt 369W 22/12 06/61 69/41 11/41 11/61 11/61 14/61 NY DURI 304 i vju M/H M/H M/lf 02/12 M/ 12 22/12 NY GENUAL J49W 29/12 15/41 14/41 14/41 14/41 14/41 21/41 NYCORMOOORi 309f
      1,099 words
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      Page 33 Advertisements Column 3
      595 33 FAMOUS CONTAINER LINES lie 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 2/ HOT LINE: *****33 (30 UNES) WB nm ADDRESS: www.fMwfci.cwijg E-MJUL ADO*ESS: adwl^f— DAILY SAILING TO —*-A ■HBBBBHi HHHHH .< ATTRACTIVE RATES! CALL IVY FOR BOOKING *****33 P. KLANG PH: 0203/*****33 (20 UNES) PENANG PH: 0204/*****7 (10 UNES) J. BAHRU
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      Page 34 Advertisements Column 1
      867 34 AHOKOK/L«m CH«.«WO I I JAKABTA/FAMJ*MO VESSEL VOY SIN f BKK LCH VESSEL VOY SIN JKT PJN SINO OCEAN QCNQ37 In Pt 20/12 XETHA BHUM 2213 18/12 20/12 MATHU BHUM 364N In Pt 21/12 XETHA BHUM ***** 19/12 20/12 BAM BHUM** WW In Pt 20/12 21/12 ANAN BHUM* 888 20/12 23/12
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      Page 34 Advertisements Column 2
      700 34 POL INTERNATIONAL NlrtaMkMMM'lMlfariilWhfiAphinihrt, "SSiScu7riiirt« i a [«»i g>_ I *t i*■ 00a ACOAM 04JS 1 MfT IWB I 11/121 HQ 22/11 W BB I roll g hifli fl \m Im I B/H 9 l 24/111 mi *7/1) fSvriTiffir 1 if<4 I w/B t I Hyli I BBf I ft'/ i
      700 words
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      Page 34 Advertisements Column 3
      808 34 \~~M ACCORD A SHIPPING PTE LTD Til s ***** IS (40 Übm) MX: *****30 KMT ILUtG s (03) U/1001 KK m D«fCT ACCESS TO.: *****55 (IXPOET BOOKING) HMGUDUG (07) SSI \W *****34 (IXPOET DOC), *****39 (IMPOET) fSKAMG (94) W1440 UEL;HTTP;//WWW-ACCOED.COM.SG MJUTU s (11)****** VAA/ POKT ITA tin POtT ITA till
      808 words
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      Page 35 Advertisements Column 1
      518 35 INDONESIA NATIONAL LINE TO EUROPE H EXPRESS SEMI-COWTAIHERiSgP SERVICE VSL VOY I S PORE A DAM/* DAM IM lUBO IRENE* ANTWERP A.VESSEL 8/2 I %fl OMIT 13/2~ TO AUSTRALIA PULL OOWPUWBR SERVICE WL VDT_ fgrsri ffli I MK I SYD I MB. I MA I MM. Iffli I MOT BTTBVWS
      518 words
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      Page 35 Advertisements Column 2
      775 35 fSSSSSPACIFIC INTERNATIONAL UNES (PTE) LTD^ I a' 140 Cecil Street, «03-00P1L Building, Singapore *****0. CR NO: **********06 Mmm Bh—9n~*nr TO W ft WH ffl, —hflr-| SHL WJL 24Z12— Z m 19/1 12/1 lt/1 a/1 I3EL= HiWiH HLU2I 1/J SZL 14ZJ IL£l 2IZI 2SZJ iW 2Z2_ QQQAttotc —izl iia un un
      775 words
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      Page 35 Advertisements Column 3
      850 35 rasas Ivdy sx jed mla leh ham thp rtm zee \MJ-E DE TAURUS A23MF 17/12 28/12 31/12 08/01 Q7/Q1 09/01 09/01 10/01 V-LE DC ANTARES jgg 23/12 31/12 06/12 12/01 gjjj 14AM IVOI lfl/01 VH-LE DE VIRGO SU3H 30/12 07/01 12/01 18/01 20/01 21/01 22/01 2301 V-LE DE NORMA N23¥i
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      Page 37 Advertisements Column 1
      48 37 To retrieve more schedules, just follow these simple steps... document 740-6000^^^^^^ tep be fif the port \Enter your Ste s« ste P nd key the four number M digit code Key in your Example: r-L* fax number To NEW YORK (NYC) 2275 for calls within Singapore UnitGd St3t6S
      48 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      1153 40 SHIPPING LINE LTD I ■■■f™ 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. IM7SMMOOO BOOKINGS CALL DIRECT LINE: *****41/43 JESSICA/CELIA/MEI CHAM 7 SLGS/WEEK 3 SLGS/WEEK |uc««ei fVOY [SIN pAK [VESSEL IVOY \SM ISUR SINAR NUSA 981 IN PT 20/12
      1,153 words
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      Page 40 Advertisements Column 2
      401 40 NEWARK SHIPPING AGENCIES PTE LTD I 48-A Campbell Lane, Singapore *****1 s CHTTTAGONG a- BOMBAY CALCUTTA r NHAVA SHEVA u WT l COLOMBO A w MADRAS P DUBAI/JEBELAU 0 TimcoßiN H COCHIN E m KARACHI MALDIVES ALSO ACCEPTING ICD DELHI, ICD DHAKA CALL: (65) 294 0949 FAX (65) 294 9395
      401 words
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      Page 40 Advertisements Column 3
      557 40 SIN FAR east 21/12 KEELUNG/KAOHSIUNG 21/12 BANGKOK 22/12 MANILA/CEBU 22/12 JAKARTA/BELAWAN/SURABAYA 21/12 PORT KELANG/PENANG/E. MALAYSIA 23/12 BUSAN 21/12 TOKYO/YOKO/KOBE/NGO/OSA 21/12 HONG KONG SIM CHINA (♦■#±■*o) 21/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIM EUROPE/UK 22/12 LON/FLX/LVP/SOU I RDM/ANT/LEH/HAM/GOT/OSL > also accepting cargo to EASTERN BLOCK COUNTRIES sin USA/CANAQA 23/12 LOS ANGELES/NEW YORK
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      Page 40 Advertisements Column 4
      544 40 9. Singapore Soviet Shipping fflßCo. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL HAI XIONG HXGOS9 19/12 27/12 06/01 10/01 TRADE FAST TFS2O6 27/12 04/01 16/01 18/01 ORIENT CORD 107N 02/01 10/01 22/01 24/01 HAI XtONQ HXQO6I 08/01 16/01 28/01 30/01 REGULAR MONTHLY RO-RO BREAKBULK SERVICE
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      Page 41 Advertisements Column 1
      1036 41 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE I VttSK VOY SMM I CMB I Ptt G€N I KU I L£H AN« 1 FEL NSHANGHAI 2Z42J I?DK 23 dec Qi jan 03jan qsjan oa ian o?jan iojan MSC ROSEUA 9750-3 24 DEC 28 DEC 06 JAN 08 JAN 10 JAN I
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      Page 41 Advertisements Column 2
      1255 41 yi !7IT 1"* -5H F I ■tHOMHU ISO) ltl| m, Sn 2i JiJ L., J" oa iMMTOB IU lllj IJ.II nil n.ll XII H.II I ssr ni; as ss si; as si sr s m s:? -f WMW ISJ7 «i I} «< mo -H! JJ-JJ "■•I TIW 2507 20.12 Mill
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      Page 42 Advertisements Column 1
      535 42 I VESSEL VOY SIN MAA SIN TIGER WAVE SBBN 14-16,12 20-24/12 29-3CVI2 T iGEP ISLAND 589N 19-20,12 24-2&12 02-0101 TIGER BRIDGE 590N 23-24/12 28-01,01 06-0701 TIGER BAY S9IN 25-2&12 31-044)1 09-1(V01 TIGER WAVE 592N 29-30/12 04-07/01 12-13/01 TIGER ISLAND 593N 02-03/01 07-11/01 16-17/01 IJVESSCL^^^VO^^SI^^CA^^SI?^! LHOTSE 341 14-15/12 20-22/12 30-31/12 I
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      Page 42 Advertisements Column 2
      819 42 FREIGHT LINKS EXPRESS W" 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 BUINOS AIMS (BUB)/SANTOS (SSZ)/VALPARAISO (VAP) ETD SIN Etd BUE Etd SSZ Etd VAP CSAV Hong Kong VOO2N 18/12 22/01 Honso Commodore VYM7O2S 23/12 24/01
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      Page 42 Advertisements Column 3
      1204 42 OOCL (Singapore) Pte Ltd CFS Keppel Distrpk 1 79 Ammlml #21-04 07*906 6* 513 #01-128 t enqtry M CR HO **********0 M M 272 7127 col 3269 180 Ufc *****13 Fm 221 3942 F««: 272 7825 v iwtra umvu »s«/ mm mktmu* TO USA MP WK I CHI MEM MYC
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      130 43 LEGEND: R Thunderstorm Temperatur. o Q A V Shower Weather Wind direction with speed in knot* ee Rom V-/ Cloudy Sky Wav Serfoce wm6t ore indicated by arrow* which Hy with the wind Cl) One Ml Circle represents calm or light and vonoble weids One holt Heche represents 5 knots
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      Page 44 Advertisements Column 1
      168 44 IWestrail I As one of the major organisations in Australia's competitive I transport industry, Westrail provides innovative solufons to I deliver quality services for freight and passenger customers. I RFP No. 66/97 I Westrail is seeking innovative proposes from major oil companies I and distributors for the supply of diesel
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