The Business Times, 19 December 1997

Microfilm: NL21062
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA(P) ll(V12/97 85f SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, DECEMBER 19,1997
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  • Article
    MARKET SUMMARY
    65 1 pvsra U IMLfI (+21.90) il it-ski U OIMS (+21.93) PI STOMP UMBJS(+23.S2) D Sffiu Sl J2) mm murmooD; mm mat OTOCl MA1KET W1HC8S Hmndey Change KL8R COBP ***** ♦*7f mXR NJ#tJ4 ***** BA1W SKNO ll.7f4.ll +41.41 set INDEX 3R7J8 *IM JAKARTA COMP —I78J8 *71 MANILA COUP —UNiM HMt
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  • Article
    FINANCE
    68 1 ust s at tM7 i UM 1741 M MM um TBI III 1.786 um M- MM HKS 9J» lllf BAHT MB MM HJHAHIW MM UNI 'liMrfcuift nln fumitfB BNQATOKE* 177 KUALA UWUK. !Jt MUffTA 16.09 BANGKOK lift MANILA UM HONMONO TA1PO Ml SYOHSY I.M TOKYO AM SBOUL It7l nuwffvirr-
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  • Article
    Region's crisis threatens sales plans of wafer fabs
    798 1  -  Weakened Asian markets will mean saner competraonior US, European sake By, Jennifer Lien [SINGAPORE] While Singapore's wafer fabrication companies have been busy picking up the pieces this year, they may have to contend with a delay in the expected rebound in global
    798 words
  • Article
    MBA to sue Daim company over RM53m share offer
    464 1  -  Dispute over mandatory offer for shares in Hogfc Bank By. Meera Tharmaratnam in Kuala Lumpur MALAYSIA British Assurance (MBA) Bhd said it plans to take legal action against Langkah Bahagia Sdn Bhd for not honouring its obligation to undertake a mandatory
    464 words
  • Article, Illustration
    Lock icon Property stocks surge on talk of relaxed CPF rules
    576 1  -  Govt officials unaware of any plan to allow nseofCPTfor 20% downpayment By Abdul Hadhi [SINGAPORE] Property stocks surged yesterday amid speculation that the government was going to allow property buyers to use their Central Provident Fund savings to pay the 20
    Source: Bloomberg  -  576 words
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      138 1 SyiifaWirt rabn n* latest flood of cut-price afi products from South Korea, following that from Thailand two countries badly hit by the currency turmoil has put extreme pressures on Singapore refineries, P|S China's home appliance maker Haier is snatching market share from Western brands with quality and inventive products. "Our
      138 words
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      81 1 Kim Dae Jung set to be president REUTERS [SEOUL] South Korean opposition leader Kim Dae Jung (centre) was all smiles yesterday as exit polls showed him headed for the presidency by the narrowest margin of one per cent over his nearest opponent. A win by Mr Kim, who draws the
      81 words
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      Page 1 Advertisements Column 3
      73 1 Explore 1 new dimensions in time. Sport Classique in steel and gold with and without diamonds. Water to 50m. 5 year international warranty. >:\ Authorised Dealers: jfc. -ft Roy Eastern Watch *01 -86/88 A *01-74 Lucky Plaza 304 Orchard Road Singapore *****3 Tel: (65) 734 3139 (65) 734 1935 deluxe
      73 words
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      9 1 Here iifwUon Markets in Turmoil, Pgs 5 A 6
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Cheaper oil products hurting refineries here
      601 2  -  Cat-price products from Thailand and Korea, slow demand squeeze margins By Ronnie Lim THE latest flood of cut-price oil products from South Korea, following that from Thailand two countries badly hit by the currency turmoil has put "extreme pressures" on Singapore refineries in the
      601 words
    • Article
      Sing Tel cableworks disrupt M1 services
      218 2 AN ATTEMPT by Singapore Telecom workers to divert a 5 telecommunications cable triggered a four-hour disruption to MobUeOne's cellular i phone and radio paging services yesterday. j The incident marks the j fifth time telecoms services have been disrupted by SingTel this year. Barely
      218 words
    • Article
      URA simplifies planning approval process
      179 2 THE Urban Redevelopment Authority (URA) has simplified the planning approval process for some land developments. Effective today, URA planning approval will not be required for dewelopment#rOposals of Jurong Town Corporation and JJDB land if they meet the Aecessary criteria. The new scheme is expected to
      179 words
    • Article, Illustration
      Interbank rate jumps; prime rate may rise
      299 2  -  Byi Clarissa Tan SINGAPORE'S benchmark three-month interbank rate hit 10 per cent at one point yesterday, the highest it has been in over a decade, according to dealers. The jump heightened expectations of yet another rise in the prime lending rate. At the
      299 words
    • Article, Illustration
      Lock icon F&B revenues down 4.8% in Oct
      299 2  -  EYE ON THE ECONOMY Commerce By Frances Lui AFTER an apparent recovery in September, food and beverage revenues fell 4.8 per cent in October to $137 million, latest preliminary figures from the Singapore Tourism Board show. The September pick-up of 3.7 per cent growth
      Source: Dept of Statistics  -  299 words
    • Article
      SCVs new chief: priority for marketing next year
      608 2  -  But he pledges to meet target of wiring every home by '98 Catherine Ong THE incoming president of Singapore Cable Vision (SCV) said marketing the cable TV network will take priority next year but pledged at the same time to meet its
      608 words
    • Article, Illustration
      Lock icon Guarantee applies only to early buyers, says Waterbank
      480 2  -  First 35 buyers get rebates if prices are cut before 70% sold By\ Carol Eng WATERBANK Properties' price guarantee for its Garlick Avenue cluster housing project applies only to the first 35 buyers and they will get a refund only if prices
      SIEW YAW HOONG  -  480 words
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      58 2 KWANPEN B handmade Only the finest craftsmen should work on the world's most prestigious materials... H BK I BB HB HI iHnnnnHnßVffiMin B M iWA M^^B&QBHJ^^^BB^B^UlK^^bbblpxW^al z^s\ |CITES| Available exclusively at: SINGAPORE: Mandarin Hotel Millenia Walk Takashimaya S.C. Delfi Orchard HONG KONG: Peninsula Hotel GF W6 Ocean Terminal (Lobby)/Hong Kong
      58 words
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  • FOCUS: ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Shaping opinion in hard times
      592 3  -  Public relations group Hill Knowlton expects business from South-east Asia to continue growing despite the economic turbulence in the region By. Ang Wan May [SINGAPORE] EVEN in an economic slowdown, companies need help with public communications, perhaps more than ever. On this premise, Hill Knowlton
      SIEW YAW HOONG  -  592 words
    • Article
      Media specialist offers new world of choices
      313 3  -  Mind Share hopes to make big strides in Asia By\ Frances Lui [SINGAPORE] After a rocky entry, media buying and planning specialists are finally finding their feet in Asia, gaming an acceptance they have had for years in the West. Mind Share the
      313 words
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      50 3 TODAY >*jajihe Zaobao <: y-y VJ'JWKBitrAns I I B[ ~1 20% 50% discount now till 31st dec '97 weekdays nam 7p m sundays 2pm 7p m Christmas eve new year's eve nam 3pm dosed on Christmas day limited edition furniture pte ltd 1 magazine road, #oi-oj central mall, *****67. tel.
      50 words
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      Page 3 Advertisements Column 2
      57 3 IiLJiLMMMMB/ Kgi > lllfea F V JH|| I JBUW 4^^fW I' 2iti. V it LE TEMPS CHANEL THE MATELASSEE COLLECTION STEEL AND 18-KARAT GOLD WATCH DEPLOYANT BUCKLE WATER-RESISTANT TO 30 METERS SCRATCHPROOF SAPPHIRE CRYSTAL MADE IN SWITZERLAND. EXCLUSIVELY AT CHANEL BOUTIQUES: NQEE ANN CITY. 391 ORCHARD ROAD. SINGAPORE TEL *****20
      57 words
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  • KOREA'S PRESIDENTIAL ELECTION
    • Article, Illustration
      Lock icon Kim Dae Jung headed for victory
      759 4  -  Rival candidate Lee concedes defeat in close fight for presidency as counting enters final leg From Louis Beckerling in Seoul VETERAN opposition leader Kim Dae Jung was on the brink of a landmark change of guard in South Korean politics as counting entered its
      REUTERS  -  759 words
    • Article
      Kwangju awaits a Dae Jung victory with bated breath
      522 4  -  Prom Jennifer Veale in Kwangju THE citizens of Kim Dae Jung's home base of Kwangju held their collective breath last night as their hero edged closer to breaking 50 years of conservative rule at his fourth attempt at the presidency. A
      522 words
    • Article
      What Kim can expect if he wins
      518 4  -  Defections in National Assembly, absolute authority Froh Louis Beckerling in Seoul IF OPPOSITION icon Kim Dae Jung wins the ultimate prize of the post of president by the time official results are announced this morning, he would find a legislature run by the
      518 words
    • Article
      Taipei set for better ties with Seoul if Kim Dae Jung wins
      411 4  -  Taiwan opposition chief says Kim would upgrade political ties From Bruce Cheesman in Taipei TAIWAN can expect much better relations with estranged neighbour South Korea under a Kim Dae Jung presidency, according to the island's top opposition leader.
      411 words
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      189 4 Digital Sound Perfection t: *.v j|f£r W Incredible Sound now comes with a j tourney golf umbrella or a collectable Bburago model PLUS an attractive 20% discount with the purchase of RC94B, RC6BB RCS7B. mm j£r w j Jby y jKf Philips RC94B Radio/CD Con\bi with Control if M.' Radio/CD
      189 words
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      9 4 Sunday at Clarke Quay Every Sunday, 9am spm |cats.|
      9 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon No loans for new housing projects, KL banks told
      504 5  -  Surprise inclusion of downmarket segment; property stocks tumble on news From Eddie Toh in Kuala Lumpur IN a move which has shocked analysts, Bank Negara has ordered a freeze on loans for new housing projects, including low and medium-cost developments of
      FILE PHOTO  -  504 words
    • Article
      Rising car repos signal hard times for finance firms
      523 5  -  Estimates by ITsian lorry association leader stim analysts By. Meera Tharmaratnam in Kuala Lumpur FINANCE companies' future earnings seem set to be hit from all sides, if recent projections on commercial vehicle repossessions are anything to go by, banking analysts said.
      523 words
    • Article
      Fitch IBCA puts Indon credit on Rating Watch
      629 5  -  It assigns transfer risk rating to 13 Indon banks, sees gloomy near-term outlook From S N Vasuki in Jakarta CITING political and policy uncertainty, international ratings agency Fitch IBCA yesterday placed Indonesia's sovereign short-term and long-term credit ratings on "Rating Watch with
      629 words
    • Article
      Lock icon Dow Jones unit axes jobs in 3 cities
      237 5 More than 20 fired in STpore, HK and India, says employee Bloomberg [SINGAPORE] Dow Jones Markets, a financial information arm of Dow Jones Co, fired more than 20 employees in Hongkong, India and Singapore in recent weeks, said an employee. The cuts,
      Bloomberg  -  237 words
    • Article
      Lock icon Salomon tipped to manage Korea's US$9b bond sale
      504 6 But it wont be easy audit wfll be costly, say analysts Bloomberg [SEOUL] Wall Street's biggest investment banks lined up to help South Korea sell US$9 billion (Ssls billion) of bonds, a sale many investors say could be one of the hardest
      Bloomberg  -  504 words
    • Article
      Lock icon IMF approves new facility for quick disbursement of large sums
      417 6 Fond is for countries that experience 'a sodden, disruptive loss of market confidence' Reuters [WASHINGTON] The International Monetary Fund on Wednesday approved a new programme, to be called the Supplemental Reserve Facility (SRF), that would give countries more chances of
      Reuters  -  417 words
    • Article
      Lock icon Foreign investment in Asia set to fall: Perc
      261 6 Reuters [HONGKONG] Foreign direct investment (FDI) into Asia will decline next year along with short-term portfolio flows disrupted by financial market turmoil, the Political and Economic Risk Consultancy (Perc) said. Rather than new capital infusions, Asia would reshuffle existing capital through a
      Reuters  -  261 words
    • Article, Illustration
      Lock icon BOJ's forex move aimed at relieving Asian currencies
      710 6  -  Temporary bridging loan to Seoul being considered: official From. Anthony Rowley in Tokyo THE Bank of Japan's surprise intervention in foreign exchange markets on Wednesday which resulted in a sharp reversal of the yen's recent decline was designed partly to take the
      FILE PHOTO  -  710 words
    • Article
      Hongkong exports next year seen crimped by crisis
      432 6  -  From, Loh Hui Yin in Hongkong ASIA'S economic downturn and a sombre outlook in other major export markets will crimp Hongkong's exports next year, said the Trade Development Council yesterday. Chief economist Edward Leung, giving the council's projection, said Hongkong's merchandise exports
      432 words
    • Article
      Lock icon China retail prices to deflate further: report
      386 6 Falling prices paint to weak demand that could hit profits Bloomberg [BElJlNG] In a sign of China's slowing economy, retail prices are likely to decline in December for the third straight month, the Financial News paper reported, citing a state-run think tank. Deflation
      Bloomberg  -  386 words
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      81 5 1 Every successful overseas venture is supported by the right software. Seeger excellently leather as seeeeß CASHMERE IN LEATHER Berlin Frankfurt Milan New York San Francisco Paris Tokyo Singapore: Ngee Ann City #01-18 Tel: *****00 Paragon 001-24 Tel: *****70 Malaysia: Lot 10 Centre P2 Prestige Floor Kuala Lumpur Tel: *****68
      81 words
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      116 6 KOREAN AIR FLIES EVERY NIGHT, NON-STOP TO SEOULKorean 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 night a week Singapore, you can get a great night's
      116 words
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      13 7 11 V PRADA M H CN un > lD CO o o o <£T
      13 words
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      237 7 REACH OUT AND CRAB THE WORLD'S HOTTEST CONNECTED ORGANIZER NOW. Pa lift Pilot XifebotJcs a m I I jjKA/$^SSj iUMV 'i% I 4 Jj 1 INTRODUCING 'fgflj PALMPILOT™. The Milllon-Sellffijg,H^^^^^BlM|te New Con n jjlj For The Executive p^n<, t v,id with s >rwß sup r n9 capability forags^;>;fegfM ,|> ons
      237 words
  • REGION
    • Article
      Lock icon Thais making bankruptcy laws more flexible
      323 7 BANGKOK Change aimed at heading off massive business failures dne to economic crisis AFP THE Thai parliament's lower house has passed "more flexible" bankruptcy laws to prevent a wave of business closures as a result of the country's economic crisis, reports said yesterday. The
      AFP  -  323 words
    • Article
      Lock icon KL approves projects worth RM19b
      332 7 KUALA LUMPUR Dr M calls for shift to higher value-added manufacturing Reuter Bernama AFP MALAYSIA approved manufacturing projects worth 19 billion ringgit (SsB.3 billion) in the first 10 months of this year, Minister for International Trade and Industry Rafldah Aziz said yesterday. She said at
      Reuter; Bernama; AFP  -  332 words
    • Article
      Lock icon Indon minister dies
      80 7 JAKARTA AFP INDONESIA's Coordinating Minister for Political and Security Affairs Susilo Sudarman died yesterday in hospital, an official said. The 69-year-old super minister oversaw several important ministries such as defence, the home ministry and the foreign affairs ministry. He was a retired lieutenant general. An assistant to
      AFP  -  80 words
    • Article
      Lock icon Ministry punishes Nikko, Daiwa for pay-offs
      587 10 TOKYO Finns suspended from underwriting govt bonds, trading stocks on own account Bloomberg JAPAN's Ministry of Finance barred Daiwa Securities Co and Nikko Securities Co from underwriting new government bonds and trading stocks on their own account as punishment for paying millions of yen
      Bloomberg  -  587 words
    • Article, Illustration
      Lock icon Taiwan probes HK links to graft
      344 10 TAIPEI Prosecutor seeking HK businessman said to be middleman AFP TAIWAN'S prosecutor sought evidence from a Hongkong businessman yesterday after one of the territory's tycoons was questioned in a bribery case involving more than US$3 million (Sss million). Prosecutor Hsueh Weiping said he was
      AFP; REUTERS  -  344 words
    • Article
      Lock icon Japan food trader goes bankrupt
      113 10 TOKYO Bloomberg TOSHOKU Ltd, a major Japanese food trader, said yesterday it has filed for court protection from its creditors. It owes 639.7 billion yen (SsB.B billion). "Financial institutions are asking us to return loans. They are also reducing the amount of money they loan
      Bloomberg  -  113 words
    • Article
      Lock icon Japan's trade surplus up 59% in November
      441 10 TOKYO AFP JAPAN'S trade surplus in November widened 58.7 per cent from a year earlier to 1,063.7 billion yen (5114.6 billion), the eighth consecutive rise, the finance ministry said yesterday. Exports in the month increased 6.4 per cent from a year earlier to
      AFP  -  441 words
    • Article
      Lock icon State enterprise reforms paying off, says China minister
      378 10 BEIJING Profits improving, losses being mergers oo the rise AFP CHINA this year has accelerated the pace of state-enter-prise reform and the firms have initially rebounded in terms of overall economic returns, Wang Zhongyu, Minister of the State Economic and Trade Commission
      AFP  -  378 words
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  • Special Supplement: FRENCH BUSINESS IN FOCUS
    • Article, Illustration
      Bringing in the tourist mega bucks
      1001 8 In France, the most visited country in the world, tourism is a serious billion-dollar industry INSIDE Printemps. a huge fashion mall at the shoppers' street of Boulevard Haussmann. several Taiwanese women finger the silk scarves and exclaim over the delicate beaded necklaces. At the
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    • Article
      Ken-Air finds France business-friendly
      205 8 LEONG Wai Kwong. chief executive officer of Ken-Air Tours was delighted when his company was chosen as one of twelve agents in the world to sell tickets for next year's World Cup. But it also meant a lot of hard work and planning and it helps
      205 words
    • Article, Illustration
      Golf at a chateau for a change
      485 8 With some 150,000 golfers from overseas expected this year, and thousands more to come, France is on course to becoming a major golfing destination FRANCE is not only a good place for tasting wine, savouring cheese, and visiting art museums it's also a
      485 words
    • Article
      Lock icon Corporate News in brief
      1026 9 AFP AFP Bridge News French telecommunication firm Alcatel has clinched a *****.36 million contract for the development of the ground segment of an Indonesian multimedia satellite network, according to a press report Under the contract, Alcatel will design and build a network control system, a national
      AFP; Bridge News  -  1,026 words
    • Article, Illustration
      Ratings giant Fitch IBCA confident on Singapore
      576 9 The world's 3rd largest credit rating agency has given an implicit triple-A rating to the Republic SINGAPORE will weather the current economic crisis better than most other countries in the region, Robin Monro-Da-vies, head of recently-merged credit ratings giant Fitch IBCA, said last
      576 words
    • Article, Illustration
      French firm muscles into ratings industry
      208 9 AMONG the few heavyweights in the credit ratings industry, another has emerged Fitch IBCA, formed just two weeks ago. On Dec 3, French group Fimalac bought US ratings firm Fitch Investors Service and merged it with its European subsidiary IBCA. The result, Fitch IBCA,
      208 words
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      90 8 We love Europe too much to just take you to Paris. i f BBi JL nran B9 Fty Air France from Bangkok to Paris and discover a whole new *x)Hd of opportunities: 77 of them to be precise. Because Air France offers you smooth, fast and reliable connections id 77
      90 words
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      107 9 g^Mißm^Bp^An igKMiUyi I BDBHHn OPEN THE WINDOW ON FRANCE ami discover its rich diversity; quiet villages and grand promenades, ancient cathedral and avant-garde styles, simple breads and vintage wines. Follow your whims, indulge your tastes and pursue your passions. France a country for all reason». Begin your discovery by contacting
      107 words
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      126 9 A jm mm Dynamic Customised Health Care Solutions For corporations and insurance companies 24 day m 9 wonowiMw 1,500 AEA professionals are ready to help a global network of Alarm Centres Clinics AEA members have access to for and assistance. Whatever your health care needs...from evacuation services to medical site
      126 words
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      96 10 ~;j; 4 fl E F Ancient Designs <: iik > *"*•«>« THE SELECTION OF GIFTS ByiaDtille P WiW i lt from TOE e. Pierced Tin Lantern (J8693K) $89.00 REPRESENTING THE ANCIENT IN? Aventurine (I8519K) $89.00 (kM <B nh i H Turquoise Earrings (*****K) $375.00 EARRINGS TO a whimsical trio of
      96 words
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  • THE WORLD
    • Article, Illustration
      A survivor's tale for Turkey
      824 11  -  BUROPHUI vusw Being pushed off the EU plane doesnt always mean a dead end By Kevin Sullivan The writer is a Spain-based journalist who contributes to BT LAST Sunday, Brendan Jones, a 56-year old British businessman, jumped out of an aeroplane 5,500 feet above the
      824 words
    • Article
      Lock icon Buba leaves German rates untouched
      284 11 FRANKFURT Bloomberg THE Bundesbank left its full set of interest rates unchanged at yesterday's policy meeting amid signs that it is satisfied that an October rate increase is enough to contain inflation pressures for now. The German central bank left its floor discount rate at
      Bloomberg  -  284 words
    • Article
      Lock icon EU warns of ban on US meat imports
      268 12 BRUSSELS AFP THE threat of a transatlantic trade war over food safety loomed large yesterday after the European Union threatened to ban millions of dollars worth of Imports of US meat and poultry. A spokesman for the European Commission, the EU's executive,
      AFP  -  268 words
    • Article
      Lock icon US October trade deficit narrows to smaller than expected US$9.7b
      444 12 WASHINGTON Merchandise exports to China post monthly record of USsl.4b Bloomberg THE US international trade deficit in goods and services narrowed in October as exports rose faster than imports, Commerce Department figures showed yesterday. Merchandise exports to China alone posted
      Bloomberg  -  444 words
    • Article
      Lock icon 16 countries bust deadline for WTO telecoms pact
      271 12 GENEVA Agreement to open np telecoms markets by Jan 1 delayed Bloomberg AN agreement by 70 countries under the auspices of the World Trade Organisation to open up their telecommunications markets by Jan 1 was delayed because 16 countries failed to meet
      Bloomberg  -  271 words
    • Article
      Lock icon Kodak to axe 20% of staff to boost profit
      224 12 ROCHESTER, New York Bloomberg EASTMAN Kodak Co said it will cut more jobs than announced last month by slashing 20 per cent of its staff and taking a US$l.5 billion (552.5 billion) charge in a bid to boost profit and its
      Bloomberg  -  224 words
    • WORLD Watch
      • Article
        Lock icon US troops to extend Bosnia stint?
        81 12 Bloomberg [WASHINGTON] US President Bill Clinton said yesterday he would ask US ground troops to stay in Bosnia beyond the current June 1998 deadline for withdrawal, to ensure that ethnic fighting doesn't break out anew. He said US troops are needed to help prevent
        Bloomberg  -  81 words
      • Article
        Lock icon Bosnian war crimes suspect
        56 12 Reuters [THE HAGUE] The United Nations criminal tribunal for the former Yugoslavia said the second of two Bosnian Croat war crimes suspects arrested by Nato-led troops arrived in the Netherlands yesterday. A spokesman could not say whether the wounded Vlatko Kupreskic would be taken to a
        Reuters  -  56 words
      • Article, Illustration
        Lock icon Warning up at -7 degrees C
        42 12 Reuters [MOSCOW] A visitor looking at a snow leopard behind a glass panel at the snow-covered Moscow Zoo on Wednesday. Muscovites that day breathed a sigh of relief as temperatures went up to -7 degrees C.—Reuters
        Reuters  -  42 words
      • Article
        Lock icon 30 nations sign anti-graft pact
        53 12 Reuters [PARIS] More than 30 countries signed an anti-corruption convention here on Wednesday which commits them to stamp out the bribery of government officials as companies fight for international business contracts. The convention was signed by the 29 OECD countries, as well as several non-OECD
        Reuters  -  53 words
      • Article
        Lock icon Suharto's daughter won't run for VP
        56 12 Bloomberg [JAKARTA] Indonesian President Suharto's daughter Siti Hardiyanti Rukmana said she would not run for vice-president, the Jakarta Post said yesterday. Speculation that she was aiming for the slot has been rife. She said the position requires a broad mind and boldness, and that
        Bloomberg  -  56 words
      • Article
        Lock icon Another 10,000 mildly hit by TV cartoon
        56 12 AFP [TOKYO] A popular Japanese television cartoon blamed for forcing 685 children to seek hospital treatment also afflicted more than 10,000 others with milder symptoms, the Yomiuri Shimbun said yesterday. The figure, obtained from regional education boards, represented those who felt sick, but
        AFP  -  56 words
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      136 11 i. < ->?Sii3K»*.*'*ifii6fiKlߣiS£n£s^ssSvS§l)ia9^lfiEo^B^B^HE^Rij a. testoni HILTON HOTEL SHOPPING GALLERY MANDARIN HOTEL SHOPPING ARCADE RAFFLES HOTEL ARCADE BOLOGNA MIIA.NO ROMA PAWS NEW YORK BEVIRQ HILLS HONOUU TOKYO OSAKA YOKOHAMA NAGOYA KYOTO SARA HIROSHIMA SEOUL PUSAN CHEJU BEIJING TAIPEI TAJCHUNG KAOSILNC HONG KONG SLNGAPORE JAKARTA SI RABA)A BANGKOK Buy It. Sell It.
      136 words
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      50 12 UJWJWIW^mm* i -1. -■^g—Bsaeg^— > r i?: ffssPa ■k- it 's* I v A 9 a iflfl k F > IS^HMb mm JH Ik a A :IMB iEnßyfc. B jr Bfe H 6 IW ML mßr ok Ikfl jmßf: Hr A. VJ Bfl aj^E^Y 5 -jrr":" >! 1H SCfijaßiiitßLl» 02
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      119 12 Get yourself better organised by reading Q Which section of The Business Times benefits you most? 1 A xm ft HHpjH The New CASIO Digital Diary ■jiMPpT/m. M I* lUI BN-20 Business Navigator Series let you see plenty of data at rjKtt I y a glance, just as you can
      119 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      New problems for NZ govt with Maori Bill
      771 13  -  OPINION THB BOTTOMLDVE By Lee Yoke Har The writer is an Auckland-based journalist who contributes to BT NEW ZEALAND farmers, working land confiscated from Maoris, are angry. They threaten to bulldoze their way through the parliament following the passing of the Maori
      771 words
    • Article
      IN OTHER WORDS
      114 13 'I worked for 25 years with President Mobutu and I didn't receive a thing from him not even a bicycle, not a house, not a company. I did not steal like the others. I was part of a minority.' jUknnW Inwign former Zairean Minister of Information. 'If
      114 words
    • Article
      Thais on long road to recovery
      660 13 EDITORIAL THAI Finance Minister Tarrin Nimmanhaeminda's round of meetings today with the nine Japanese banks which have offices in Thailand holds the key to the county's credit situation and will set the pace for economic recovery in the region. Mr Tarrin is in Tokyo
      660 words
    • Article, Illustration
      Lock icon Mauling of Microsoft
      921 13  -  Microsoft's legal problems stem from a failure to understand the games being played in Washington By James K Glassman LATWP THE MARKET value of Microsoft Corp, which became a public company only 11 years ago, is US$l62 billion (***** billion). Investors believe it's worth nearly twice as
      LATWP; FILE PHOTO  -  921 words
    • Article
      WHAT THE OTHERS SAY
      861 13 WotUiic tat hot air THE LOFTY proposal to merge parties to strengthen the political system may prove to be nothing but hot air. Despite talk of a grand design, politicians seem to view political realignment as a survival strategy rather than a genuine scheme to usher
      861 words
  • Page 13 Advertisements
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      39 13 DOOMESBPRY By Garry Trudeau PEARL. I PONT KNOUJ IF YOU £*£*/*I J ME'RZ STILL HEARP, BUT PICK Pf&? OF A L. jfcfl A T^fL^ iT HEARTATTACK. A FEW VEARS EXFQ&JRB, ANPLEONA,WHO COMf&nT)V£, MUST 9E WBWOsep.ANPHecxx.fuse ■flb ARSTTUB THE SISTER
      39 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      An affinity for figures
      814 14  -  It's business as usual for 2 galleries over this Yuletide, with displays of 3 artists' works, says ben mumroe BEN MUNROE POR the past few years French painter Nadine Le Prince has been including figures in her huge trompe I'oeil compositions, in order to remain contemporary
      814 words
    • Article
      Lock icon Bond movie neither shakes nor stirs: critics
      501 14 MOVIE 007 is criticised for being bored, sexless and out of sync with tike 90s NYT [NEW YORK] The new James Bond adventure, Tomorrow Never Dies, has already elicited cynical remarks from jaded observers. Agent 007, they say, is bored, sexless and as
      NYT  -  501 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      88 14 *«r •4 Hidden gems are the most intriguing. REVERSO JOAILLERIE. > «r I' v > I I jo I v f \rf\ x v J. I -J ■T" ~TV I •*c 'I- D'AMONDS have been .> SELECTED TO GRACE THIS r 1 8-CARAT GOLD ART Oeco jewel. What you CANNOT
      88 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      238 15 •jWhere to wine, dine and entertain... '■<]> HB Wkat better way to ceUmte a great week than Sunday Brunei at Hw Cafe-in-The- RrV? Enjoy the fineat brunch and tervice at only $28* per adult (only $14* for tke lode). Then toaat your food fortune with Gold Sett Champagne, eack glaaa
      238 words
    • Advertisement
      Page 15 Advertisements Column 2
      142 15 m w ja APOUOHOTR >» v> jyollo BUFFET LffiSfD DINNER witn Christmas items at Luna Coffee House Adult: $22.<Xr<*> Child: 15 to 23 Dec' 97 Dtaer 6.30pm lo 10pm Buffet Lunch High Tea Moo to Fri Sat. Sun Pub Holiday Adult; $13.80'" (12.00 pa U 3.00pm) Child: $10.00*" $10.80*" Buffet
      142 words
    • Advertisement
      Page 15 Advertisements Column 3
      156 15 For the best catch m town with the I j greatest variety of seafood, and the juiciest sizzling steaks by a relaxing poo bide setting, Terrace Open daily for all-day dining, alfresco 't! style with an exotic Balinese setting. I j For reservations, please call 731 7990. ■•VII CROWNE PLAZA"
      156 words
    • Advertisement
      Page 15 Advertisements Column 4
      263 15 Buy It Sell It Find It Classified Call Today For Results Tomorrow. I CATS. BBS-BOB^SS HAVE AN EXOTIC FESTIVE CELEBRATION -4L AT THE JL RANG MAHAL F5£X W $55+++ (Adult) $30+++ (Child Mo* 10) Lunch Dinner $25+++ (Ad*) $38+++ (Admit) $16+++ (CbUd Mom 10) $20+++(Odd Mow 10) phcmoat7SH666 Ext. 1107
      263 words
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      Page 15 Advertisements Column 5
      155 15 Mtvukirut 4Singapore Presenting... The Longest Buffet Spread at Mandarin's Annual CHRISTMAS FUNLAND 25 Dec 1997, Thursday 11am-3pm Mandarin Ballroom Join us for fun HocAjaff «Slaß Call 831-***** for your tickets 333. Orchard Road. Singapore *****7. Tel: *****11 THE STORE HowrioH- Hofr«l Lobby, Ijf 2MU Vece fiber 11T7 AWh> if CUriitwws
      155 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      765 15 TV&RADIO PTMHtmfii I a oo Marsupilami. 130 Jangan Kirim Aku Bun- H|^ 5-30 Bureau Of Alien Detector. ga 1.*./ ill 4 PM TV Innovations. MO Wheel of Fortune. UO Chinna Chinna Aasai. VCiifN I" I 230 The Winners. 130 The Pyramid Game. TJO Amali Thumali. f W* I! 3.00 Money,
      765 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      173 15 CKVPI'iC' CROSSWORD 9 Storms and raves about a 29 A crack about the aim to be 1 1 1 1— SSKSB'SL-I.da. law-breaking (8) quite a dash (9) SPmIK^BBImS 17 Invite trouble since appear- luWimYMßiAlci^mEMßi 1A producer at one time (6) ing in a satire (3A2) IrMoMxBaIIIMoMrMrI 2 With apparent hesitation
      173 words
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  • ASIA'S CORPORATE LEADERS
    • Article, Illustration
      Lock icon A model for Chinese industry
      1051 16  -  Home appliance maker Haier is snatching market share from Western brands with quality and inventive products, says ahprbw browmu ANDREW BROWNE Reuters ON a business trip to rural Sichuan province, Zhang Ruimin was puzzled by complaints that his company's usually reliable washing machines were breaking
      Reuters; FILE PHOTO  -  1,051 words
    • Article, Illustration
      Lock icon Qingdao Haier is growing just like McDonald's
      240 16 ZHANG Ruimin, president of Qingdao Haier group, says: "Our aim is to become one of the world's 500 largest firms in the next century." It chalked up 6.2 billion yuan (Ssl.3 billion) in sales last year and plans to increase it to 10
      FILE PHOTO  -  240 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      128 16 >**rJW J \V2fr'" TP^^-V®.V f j, 3.-: ,;..t -fja Thousands of businesses throughout Asia and the mhm Pacific recognise one leader in server technology. t From smoH (amity concerns to mute-nahonol corporations, the reliability and quality of Compoq Proliant iervers, with Intel Pentium® Pro proctiKxi, make a direct contribution to
      128 words
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  • COMPANIES & MARKETS
    • Article
      VDH to sell oil well screen units for US$23m
      485 17  -  Sale will allow company to focus on infrastructure business in Asia By' Ven Sreenivasan [SINGAPORE] Mainboardlisted Van der Horst Ltd (VDH) is selling its Houston Well Screen businesses to NYSE-listed oilfield services specialist EVI Inc for some US$23 million (5532.4 million,
      485 words
    • Article
      GPE Industries' interim earnings jump 61.7%
      259 17  -  By. Annette Pau [SINGAPORE] GPE Industries yesterday posted a 61.7 per cent jump in net earnings to $10.88 million for the half year to Sept 30, putting it well on track to achieve analysts' ftillyear expectations. Fourteen analysts polled in the December Estimate Directory
      259 words
    • Article
      Haswoods buys 15% stake in Ho Wah
      297 17 Seller not named, but shares likely from R&mdas N&ir [SINGAPORE] Businessman Ramdas Nair, who is reportedly blacklisted by some broking firms over unsettled trading debts, appears to have found a buyer for his 15 per cent stake in Ho Wah Genting. A new
      297 words
    • Article
      Sing Tel holding its own so far, but what's ahead?
      772 17  -  HOCK LOCK SIEW Teh Hooi Ling INGAPORE Telecommuni- cations recently turned in a better-than-expected 12.2 per cent jump in interim net profit despite having to com- pete in the area of mobile communica- tions since April. But look closer, and
      772 words
    • Article
      Building products supplier to launch IPO next week
      165 17 [SINGAPORE] Building products supplier TSM Resources Pte Ltd will launch its initial public offer next week. The Sesdaq-bound company obtained the Stock Exchange of Singapore's in-prin-ciple approval for the listing just this week. Given the current market conditions, the company is expected
      165 words
    • Article
      Tuan Sing associate buys deluxe hotel for A$33m
      308 17  -  Hyatt Canberra boosts Grand Hotel's 5-star rooms to 890 By Abdul Hadhi [SINGAPORE] Tuan Sing Holdings' listed Australian associate, Grand Hotel Group (GHG), has bought the deluxe Hyatt Hotel Canberra for A 532.75 million (Ss36 million). This acquisition of the prestigious hotel
      308 words
    • Article
      Want Want shares now traded in America's OTC market
      155 17 [SINGAPORE] Shares of mainboard-listed Want Want Holdings can now be traded in the over-the-counter (OTC) market in the United States through an American Depository Receipt (ADR) programme. The Bank of New York has been appointed as the depository bank for the
      155 words
    • COMPANIES
      • Article
        Lock icon Konsortium Perkapalan not hit by RM fall: Mirzan
        238 18 Bernama [PETALING JAYA] Konsortium Perkapalan Bhd, an integrated logistics service provider, does not expect the depreciating ringgit to have an adverse impact on its operating performance this year. Group executive chairman Mirzan Mahathir yesterday said: "We are denominated in ringgit and are
        Bernama  -  238 words
      • Article
        MRCB, foreign banks locked in discussions over US$250m loan
        461 18  -  Company hopes to convert it to longer term loan to absorb impact of low ringgit Frorn Eddie Toh in Kuala Lumpur THE status of the US$25O million (Ss4l6 million) bridging loan extended to politicallyconnected Malaysian Resources Corporation Berhad (MRCB) remains unclear.
        461 words
      • Article
        Lock icon Securities One rights issue gets just 0.1% subscription
        314 18 Brokerage raises Urn baht instead of hoped for I.Bb baht Bloomberg [BANGKOK] A rights offer by Securities One pic, Thailand's most active brokerage this year, flopped as shareholders subscribed just 0.1 per cent of the shares on offer. Securities One hoped to
        Bloomberg  -  314 words
      • Article
        Lock icon Sime to shuffle top management at bank, broking units
        252 18 Bloomberg [KUALA LUMPUR] Malaysia's Sime Darby Bhd is poised to announce changes to the top management of its banking and stock brokerage units Sime Bank Bhd and Sime Securities Holdings Sdn Bhd. A Sime Darby spokesperson said the announcement will be
        Bloomberg  -  252 words
      • COMPANY Briefs
        • Article
          Lock icon Jardine Fleming Bank shelves stake sale
          106 18 Bloomberg [HONGKONG] Jardine Fleming Bank has postponed indefinitely a plan to sell a 75 per cent stake to China-controlled Ka Wah Bank for HK$2 billion (*****.8 million), saying Asia's crumbling markets made the sale impossible to complete. Jardine Fleming Bank, a unit of Jardine
          Bloomberg  -  106 words
        • Article
          Lock icon More time for Ekran to tie up Bakun deal
          125 18 Reuters [KUALA LUMPUR] Construction group Ekran Bhd and its subsidiaries have been granted an additional 10 days' suspension until Jan 5 while they finalise details of the government's takeover of the Bakun hydro-electric project. The Kuala Lumpur Stock Exchange said in
          Reuters  -  125 words
        • Article
          Lock icon North Borneo Timber to resume trade
          38 18 AFX-Asia [KUALA LUMPUR} North Borneo Timber Bhd shares will resume trading on Dec 23, the Kuala Lumpur Stock Exchange said in a statement. The shares have been suspended since Nov 21. —AFX-Asia
          AFX-Asia  -  38 words
        • Article
          Pan United in Indon shipyard venture
          111 18 [SINGAPORE] Pan United Corp has formed a company with PT Repindo Mitra Abadi to operate a shipyard in Indonesia. PT Pan United Shipyard Indonesia has an authorised share capital of US$4 million (556.7 million). Pan United, through subsidiary Pan United Venture Pte Ltd, holds
          111 words
        • Article
          Ipco rights offer gets 97.4% response
          79 18 [SINGAPORE] Ipco received applications for 30.88 million rights shares with warrants, or 97.4 per cent of the offer, at the close of the issue on Dec 10. Its major shareholders, Promet Berhad and Oradea Pte Ltd, each received their allotments in full. About 30.49
          79 words
        • Article
          Corrections and clarifications
          47 18 WE reported in this column on Tuesday that Asiamatrix had signed joint venture agreements with doctors to co-own clinics in what we referred to as its "planned hospital". Asiamatrix has clarified that the hospital is actually a specialist medical centre providing specialised healthcare services.
          47 words
      • Article, Illustration
        Lock icon Citic Pacific accepts HK$836m offer for Manhattan Card
        255 18 Chase Manhattan Int'l Finance buying all of Citic's stake Reuters Bloomberg [HONGKONG] Citic Pacific Ltd said it has accepted a cash offer made by Chase Manhattan International Finance Ltd for its entire holding of 298.51 million shares in Manhattan Card Co Ltd.
        Reuters; Bloomberg; Source: Bloomberg  -  255 words
      • Article
        Lock icon YTL to adjust strategies, says MD
        116 18 AFX-Asia [KUALA LUMPUR] YTL Corp Bhd will adjust its strategies and policy direction in line with the slower economic growth predicted for 1998, managing director Francis Yeoh said, according to The Star newspaper. "We must not live in denial. In times like this we
        AFX-Asia  -  116 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Jusco to take over Yaohan Japan's operations
        215 19 AFP [TOKYO] Japan's major supermarket store operator Jusco Co Ltd has officially decided to take over operations of Yaohan Japan Corp, the core of the international retail group Yaohan, officials said yesterday. The Shizuoka District Court approved Yaohan's business rehabilitation plan, including the
        AFP  -  215 words
      • Article, Illustration
        Lock icon Telstra accused of anti-competitive practices
        504 19 Anggjp tetocwns using very aggressive pricing to make it toogh for rivals AAFT Bloomberg [SYDNEY] AAPT Ltd, Australia's third-largest phone company, said yesterday that market leader Telstra Corp is throwing its weight around to preserve its dominant market position. "They are using very aggressive pricing
        Bloomberg; FILE PHOTO  -  504 words
      • Article
        Lock icon Two Sumitomo units to merge
        223 19 AFP [TOKYO] Sumitomo Metal Industries Co Ltd and Sumitomo Sitix Co Ltd, both part of Japan's Sumitomo group, said yesterday they would merge through a share swap. Sumitomo Metal Industries, the nation's third ranked steelmaker, has a 38.6 per cent stake in Sumitomo Sitix, the
        AFP  -  223 words
      • Article
        Lock icon News Corp to sell its 15% stake in Seven Network
        523 19 Murdoch company blames Aussie govt's policies for its decision to sell TV station operator Bloomberg [SYDNEY] Rupert Murdoch's News Corp is selling its 14.8 per cent shareholding in Seven Network Ltd, Australia's second-ranking free-to-air television station operator. News Corp blamed
        Bloomberg  -  523 words
      • Article
        Lock icon Krupp, Pudong Iron & Steel plan US$1.4b mill
        252 19 Krupp, Pudong Iron Steel plan US$1.4b mill AFP [SHANGHAI] The German steel group Fried Krupp and Shanghai Pudong Iron and Steel (SPS) are to build a stainless steel mill costing US$l.4 billion (552.3 billion), the largest in China, a newspaper reported yesterday. The contract, signed at the Great Hall of
        AFP  -  252 words
      • Article, Illustration
        Lock icon Want to breed a horse in your pocket?
        72 19 [TOKYO] An employee of Japanese toy maker Bandai playing with a new portable game Thoroughbred Maker at its headquarters in Tokyo yesterday. A player can enjoy breeding a racehorse from selecting its parents as its owner and trainer and jockeying the horse
        AFP  -  72 words
      • Article
        Lock icon Oriental Press interim up 5 times
        193 19 AFP [HONGKONG] Leading pub lisher Oriental Press Group Ltd yesterday posted an interim net profit of HK5160.31 million (5534.45 million) for the six months ended September. The amount is more than five times the HK530.06 million it reported for the same period last year.
        AFP  -  193 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon US govt wants new action on Microsoft
        461 21 Dept of Justice asks that it be held in 'civil contempt' for violating court order Reuters Bloomberg [WASHINGTON] The US Justice Department has asked a federal judge to hold Microsoft Corp in "civil contempt" for violating a court order that barred the software
        Reuters; Bloomberg  -  461 words
      • Article
        Lock icon Netscape to help users switch from Microsoft browser
        306 21 Reuters [MOUNTAIN VIEW, California] In an effort to call Microsoft Corp's bluff, Netscape Communications Corp said on Wednesday that it was launching a program to help Internet users switch to Netscape from Microsoft's Web browser. After a US district court in Washington
        Reuters  -  306 words
      • Article
        Lock icon Broad rate cuts from Deutsche Telekom
        502 21 Germany's dominant operator prepares for competition from Jan Bloomberg [BONN] Deutsche Telekom AG said on Wednesday it would cut its international calling rates as much as 45 per cent, and slash its domestic and mobile calling charges, as it prepares to face lower-cost competitors
        Bloomberg  -  502 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Anderson consulting arm wants to break away
        434 22 Partners allege breach of contract against sister accounting firm FT [LONDON] Andersen Worldwide, the world's biggest accounting and consulting business, on Wednesday bucked the trend for mega-mergers when its consulting arm said it wanted to break away from its accounting sister firm, Arthur
        FT  -  434 words
      • Article
        Lock icon Citicorp to pay US$3.5b for AT&T credit card unit
        389 22 Analysts say bank is paying dearly to stay on top Bloomberg [NEW YORK] Citicorp said it agreed to buy AT&T Corp's Universal Card unit, the eighth-largest credit card issuer in the US, for US$3.5 billion (555.83 billion), giving the company 38.5
        Bloomberg  -  389 words
      • Article
        Allianz to launch Asian joint ventures
        265 22  -  By I Soh Tiang Keng [SINGAPORE] Germany's largest insurer, the Allianz group, will launch three joint ventures in Asia early next year as part of its expansion push. Allianz, which runs a Singapore subsidiary, also plans to broaden its range of financial instruments in
        265 words
      • Article
        Lock icon Deutsche Bank, Credit Suisse make bids for LGT
        251 22 Bloomberg [NEW YORK] Deutsche Bank AG, Germany's largest bank, and Credit Suisse Group, Switzerland's second-biggest bank, are among about a half dozen bidders for LGT Asset Management, sources said. LGT, which manages about US$65 billion (5J108.2 billion) of assets and is owned
        Bloomberg  -  251 words
      • Article
        Lock icon Angola oil well test promising: Elf
        267 22 EMERGY REPORT Reuters (LONDON) Elf Aquitaine said yesterday the Dalia II test well off Angola showed similar productivity to the nearby Dalia I and Girassol wells in the African country's deep-water Block 17 exploration area. Dalia I was said to contain 700 million barrels
        Reuters  -  267 words
      • Article
        Futures dip on worry over technology shares
        158 22  -  MSCI TAIWAN FUTURES By Perry Gilbert By Perry Gilbert, vice-presi-dent, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures yesterday failed to hold on to Wednesday's advance with concern over technology shares causing investors to reduce their weighting in Taiwan
        158 words
      • Article
        Lock icon Osaka's aluminium futures doing well
        279 22 Bridge News [TOKYO] Japan's second aluminium futures contracts, launched on Oct 1 on the Osaka Mercantile Exchange (OME), have put up better-than-expected competition against the Tokyo Commodity Exchange (Tocom) aluminium futures, traders said. Low liquidity still keeps many aluminium consumers on the sidelines, but the
        Bridge News  -  279 words
      • Article
        Lock icon CURRENCY REPORT
        259 22 Reuters AFP London THE US dollar won back some lost ground against the yen yesterday after further details of the rescue package for the Japanese economy emerged, dealers said. The dollar rose against the yen as dealers found few fresh surprises in a raft of economic measures designed
        Reuters; AFP  -  259 words
      • Article, Illustration
        Untitled
        1263 22 IHTHIIBAWI CROSS BATBS />f/^ A$ C$ Map CCT Nl M8 WfatHl V» Wm tU IgMih H$0 S$ Rm4 Sir NTS Ml PM 10* 1AX 0M0 W? MM 1» 1173 1123 25.951 ***** 0442 9403 2408 IBS 29.1M ***** UK UN 0951 ***** ***** 0400MI <£*» 5434 0431 4.174 L247 5447
        1,263 words
    • Article
      COMMODITY PRICES
      1677 23 S1C0M ruTU«B8 Dec 18 RU88CR (Mwt* doting at 5.30pm) KSS1 CONTRACTS cMb/kf) Ctoaa Va*M Opaa Law Satt (tom) l«tara«t Jm 98 119 JO 370 F* 98 120.75 700 **98 ***** 645 Apr/Jan 98 127.75 ***** Mf Sap 98 132.25 1845 Oct/Dac 98 135.50 4350 RSS 3 CONTRACT (US
      1,677 words
    • Article
      WORLD STOCK MARKETS
      2164 23 LONDON MvstrMs OtcW hKl 31 Group 5tl -1 AB Ports 300 -3 Abbvy National m2 *7 Alliad Domacq 526 -7.400 Ante 120.200 *.200 Aid* Croup 178.400 8 BAT Ind 568 »1 BG Pit 285.400 -2 BICC 162 *1 BOC Group 971.300 *16.300 BR Patroiaum 818.400 -4.600 BTR
      2,164 words
    • Article
      Lock icon TOKYO
      1639 23 AFP D Nikkei 225 -***** JAPANESE share prices closed 2.3 per cent lower yesterday, depressed by profit-taking following sharp gains posted the previous day on the announcement of a massive income tax cut, analysts and brokers said. The key Nikkei stock average of 225 selected issues on the Tokyo
      AFP  -  1,639 words
    • Article, Illustration
      Lock icon HONGKONG
      1527 24 Bloomberg PI Hume Seng +6L41 STOCKS rose yesterday, as investors sought refuge in utilities and companies that boast steadier earnings growth than property developers. Hongkong China Gas led utilities higher, as these companies are considered more resilient to Hongkong's current high interest rates. These companies also tend to offer
      Bloomberg  -  1,527 words
    • Article, Illustration
      Lock icon CHINA
      629 24 Bloomberg Reuters Q Shenzhen B Index +OJS CHINA'S B markets closed mixed yesterday. Shanghai's B Share Index was little changed while the Shenzhen B Share Index rose 0.2 per cent. Zhejiang South-east Electric Power paced the gains in the Shanghai B market as investors bet the stock now offers
      Bloomberg; Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  629 words
    • Article
      Lock icon TAIPEI
      386 24 AFP QWP Index J -9115 STOCK prices ended lower yesterday, pulled down by selling of technology shares. "Investors rushed to sell high-tech holdings to avoid further losses following the recent weak performance of that sector," said a dealer. The TSE Weighted Price Index lost 92.15 points to 8,255.05. Turnover
      AFP  -  386 words
    • Article, Illustration
      Lock icon JAKARTA
      689 24 AFX-Asia Composite Index *171 SHARE prices closed higher yesterday on a sharply higher rupiah and following President Suharto's appearance in public. Dealers said news that the Islamic Development Bank (IDB) might inject US$lOO million (Ssl66 million) into the market and speculation that the government has been supporting the index
      AFX-Asia  -  689 words
    • Article, Illustration
      Lock icon BANGKOK
      816 24 AFP nSEThfa +1L22 STOCKS rallied yesterday, gaining 3 per cent as the baht strengthened and the regional currency turmoil eased. Dealers credited the gains to speculative buying in banking, finance and communications stocks on the back of a significant rebound in the baht. The currency rebound accounted for the
      AFP  -  816 words
    • Article
      Lock icon MANILA
      309 24 AFP QlbmU +49J9 SHARE prices rose yesterday to the recovery of regional currencies and local bank moves to stabilise the peso. "The central bank has started intervening. They are supplying more dollars in the system and that has helped the market," said a dealer. The Composite Index rose 49.19
      AFP  -  309 words
    • Article
      Lock icon SYDNEY
      579 24 AFP +LQ SHARE prices made marginal gains yesterday as a stronger resource sector offset falls among major industrials amid strong turnover with the early expiry of December options. "The main influence was option expiry," said a trader. "You can never really tell if that's bullish or bearish but it's
      AFP  -  579 words
    • Article
      Lock icon WELLINGTON
      236 24 Reuters rl Wellington +20.75 SHARES rebounded to close stronger yesterday as the New Zealand dollar firmed and interest rates fell back from their dizzying heights reached on Wednesday. The benchmark NZSE-40 Capital Index ended the session 20.75 points higher at 2,318.51. Reuters 1 *t- r— ANZBartun* 11.00 -0.10 *****
      Reuters  -  236 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8362 25 ConsMMf pniKti 1997 Last v«| Day Nat Cay wmi Law Cl—my tf •QOO Htgll L— P/f I— 790 220 Ajlnomoto 235 14 6 23S 225 13.0 »5J 448 n2 AngMu 123 3 77 124 118 U 1B1.4 905 225 Apodo Food Hlg 225 15 3 250 225 6.5 90.0 765
        8,362 words
      • Article, Illustration
        Lock icon Shares rise on follow-through buying
        490 25 AFX -Asia F1 Composite Index +20.79 SHARE prices closed higher yesterday on a technical rebound helped by follow-through buying by local institutions. Dealers said the strengthening of the Malaysian ringgit helped the local market to gain some ground. The KLSE Composite Index rose 20.79 points
        AFX -Asia  -  490 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3480 26 BONK, LIMNS i VARIANTS 1991 Lart V«t Day LMl Ovata Avf High Lm 51m Cmnot Wt ♦•r- COOO) High Low fetyar PHc» 68 n m 3000 m AMDS cS.5%*****6 _n -0.5 95 a5 tt 10.5 16 81 14 3160 A Acar ******1 US$ 15 *1 63 IS 14 14.5 15
        3,480 words
      • Article
        MTD Capital warrant beckons those with deep pockets
        188 26  -  WARRANT WATCH -By R Sivanithy THERE is an almost embarrassingly large range of choices available to warrant bargain-hunters who have pockets deep enough to act on their convictions. This is all the more so in Malaysia, where counters that cost 20 Malaysian
        188 words
    • Article
      CLOB INTERNATIONAL
      2160 26 MALAYSIA* STOCKS .f' Gr Cf 9 7 yy o LaotOnoto H( Ob YM M M Cm MM> L— Stno Compaq SaM room High Lm Buyer Mhr Cvr P/r M 478 55 msSOOO AISBSOc 58 cd -1 276 58 55 58 59.5 5.0 33 1.9 213 59.5 137 21
      2,160 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1556 27 TUMIOVU COO0) VALUE ('000) m*n cm r«m wa> cut t«w MUtlW ***** 45,571 120,952 173J99 22.294 195,693 Finaoc# 12.649 16.047 2MM 04,699 11.041 125.740 Hoto* 3.»96 708 4.604 5.725 218 5,943 PropwtlM H.410 I04M 224)48 47,757 2.819 50.576 FtonHtten 4.9S3 4,953 2.S8 2.156 MMnt 609 609 248 248 BLN U55
        1,556 words
      • Article
        MAIN BOARD
        5147 27 Gr Gr M Wt 1997 Last Vol Day Last Ouote Otv Dtv VM Nat Cap Avg Hiqn Lew StNe Company Sato *h COOO) High Low Buyer Seller C'vr P/I $mU Price MOUSTRtALS 157 26 e 1020 ACE Dynamic s60c 40 *12 672 40 27 28.S 39 12 8
        5,147 words
      • Article
        SESDAQ
        1116 27 7 Lart V* Day Last Ovata otv Otv ni Nat Ca» A«| High Law StNa Company Sat* rOOO) HI* law Buyar SaHar C rr Pft Ml Ma 186 76 a 2000 AM moot 5c 134 -I 71 139 134 129 US 3.0 6 0 01 1* 4 596 134
        1,116 words
      • Article
        Untitled
        214 28 Stacks Volume STEngqWc 15.529,000 •M Resources 14,056,000 •Refcapacific Ml 8.241.000 Asia FoodSProp 7,853.000 SingTel 15c 6,963,000 *M8f Capital 6,372.000 •Promet 5,774,000 •RHBCapWTO 5.124,000 •Magnum Corp 50c 3,567,000 DBS Land 3.564,000 Stocks > MS Foreign 37,827,240 UOfl Foreign 36,733,075 C*yDev50c 25,280,686 SIA Foreign 24,777,072 OCBC Foreign 24,117,971 SingTel 15c 20,735,015 STEnggWc
        214 words
      • Article, Illustration
        Lock icon Property rumours, stable forex markets lift blue chips
        650 28  -  STOCK MARKET COMMENTARY KL stocks also improve, due to window-dressing or increases in portfolio holdings by fond managers who are underweight By R Sivanithy [SINGAPORE] A stable session for the regional currencies and strong rumours of an impending positive, property-related announcement by
        Chart info from Bridge  -  650 words
      • Article, Illustration
        HOT STOCK
        65 28  -  -by Ven Sreenivasan HOTEL PROPERTIES, which closed with a fourcent gain at $1.14 yesterday, looks set to recover mare lost ground. But the RSI* suggest that the raeaomy could take several months. Nevertheless, this may kit a good opportunity to pick up the counter as it is s&U
        65 words
      • ON THE GRAPEVINE
        • Article
          Where goes Keh Beng Seng?
          93 28 THE question on many bankers' lips is where former Monetary Authority of Singapore deputy managing director Roh Beng Seng will be going after his last day with the MAS on Feb 4. Well, we don't want to put two and two together and get seven,
          93 words
        • Article
          Desperate move?
          103 28 A RUMOUR yesterday that the Central Provident Fund will allow members to use their CPP savings to pay for the 20 per cent downpayment for private property purchases fuelled property stock prices, pushing the SES Property Index up by 18 points. However, not all brokers are interpreting the
          103 words
        • Article
          Please come and party
          94 28 THE Japanese must really be feeling that they lack friends at the moment, judging from the almost pleading tone of a leading consumer electronics company from Japan in its invitation to reporters to attend its Christmas party. A fax from one of its executives said: "I
          94 words
        • Article
          Steep prices
          142 28 TWO broking deals in the region have raised eyebrows in the stockbroking industry. The first is Jardine Fleming's purchase of Yamaichi's seat on the stock 4* v exchange, reportedly for about |14 million. I The second Is Vickers Ballas Holdings' purchase ofa 49 per cent stake in Thailand's
          142 words
        • Article
          Fowl play
          88 28 WHILE dining at Prince Coffee House in Coronation Plaza, diners were beaeeched by the cafe's proprietor to place orders for Christmas turkeys early because he claimed everyone loves the way he roasts each turkey individually, "not like other places where they throw 15 turkeys in the oven and
          88 words
        • Article
          Hallo, do you read me?
          112 28 SINGAPORE TELECOM (Sing Tel) has clarified that if a user of its International Calling Card (ICC) cannot get connected to the MobiieOne (Ml) network when making operator-assisted calls from overseas, ifs because Mi's network does not accept international incoming collect calk. Ml has explained that
          112 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      212 17 > t UlJjfU j'JU J jjjujj jjj mini d il r j v 42*E?ilMHy jAj S-Yard has been voted iron of the year the choice of i goffers in Japan and in Asia. That's not all. S-Yard has also been voted driver of the I year again and has won
      212 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      131 18 flf A A KTV Lounge V. *****11(8 lines) Game and taAefeart in oas* Ge/e/tfHiliMwf Free buffet and refreshments from 7pm 9pm. Come and relax yourself in our luxurious and ambient KTV rooms on the 4th Level, fully equipped with 3-in-l hi-tech Karaoke systems. Sing to your heart's content indulge in
      131 words
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      Page 18 Advertisements Column 2
      5 18 HHMjk| fIH H M 9B
      5 words
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  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      100 19 Hedge yourself against slipping COE prices. When COE prices slip below what you've paid, we'll refund you the difference 11/2 times! Unsure of when to buy a new car? Are COE difference and more! For every S1 dollar prices slipping further? Hedge yourself COE drops, we'll reimburse you $1.50*. against
      100 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      2354 20 BUSINESS Notices Head Office's Address: 3-3, Marunouchi 1 -chome, Chiyoda-ku, Tokyo 100, Japan BALANCE SHEET FOR THE YEAR ENDED MARCH 1997 NON-CONSOLIDATED BALANCE SHEETS NON-CONSOLIDATED STATEMENTS OF INCOME (in millions of yen) (in millions of yen) Ware* 81,1997 March 31.1996 F Heal 1196* Fiscal 1995' I Assets Income I Cash
      2,354 words
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      Page 20 Advertisements Column 2
      986 20 84 THE MATTER Of THE COMPAMES ACT, CAP. 90 AND M THE MATTER OF UTC SERVICES (SINGAPORE) PTE LTD On Maw* at a'Voluntary Llqdtatnn) NOTICE OF RESOLUTIONS Al an Extraordinary General Meeting of the members of the abovenamed Company duty convened and held at Petersoraben 35. Poatfach. CH-4003 Base Switzerland
      986 words
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      Page 20 Advertisements Column 3
      1003 20 04 THE MATTER Of THE COMPAMES ACT, CAP. SO AND 04 THE MATTER Of MAHA SIOHI PTE LTD (In Mamb tr a" Voluntary Uqddat on) NOTICE Of RESOLUTIONS At an Extraordinary General Meeting d the membere d the ebovenemed Compeny duly convened and held M 66 Chute Street #40-03 OCBC
      1,003 words
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      Page 20 Advertisements Column 4
      714 20 To advertise call 1011-free 1800-741 1883 •I THE MATTER OF THE COMPANIES ACT, CAP. SO AND M THE MATTER OF ZMOART PTE LTD 0n Member* Voluntary liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting o« the member* of the abovenamed Company duly convened and held at 19/F Dina House.
      714 words
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      Page 20 Advertisements Column 5
      53 20 Your Sundays J? are never empty with CLASSIFIED Search for your dream car Visit open houses/ show units Hunt for good buys at garage sales All these and more in Sunday Classified. M I CATS. I 1800-737-1166 JH I |[A] Ia• 11 Lh 1111T rrßjj I IT* I' jB j
      53 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      736 21 LALIQUE imwb, 1 aB-3Ear««RB wmttusmemsxi -tmamii»w.-. a» nm SASSHJ. B£#attl°liMr*iaKS*K Motif 2 Poissons $3,815 Hilton Shopping GoUeiy #02-03/04 734 1363 MiHenta Walk #01-14/15 336 2202 f J lENIAMIN GROUP The Sumitomo Trust Banking Co., Ltd. (Incorporated in Japan with Limited Liability) Non-Consolidated Balance Sheets Non-Consolidated Statements of Income As at
      736 words
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      Page 21 Advertisements Column 2
      74 21 THE TEAM AT THE PAN PACIFIC SUTERA HOTEL KOTA KINABALU WISHES ALL FRIENDS, BUSINESS ASSOCIATES FAMILY A WONDERFUL CHRISTMAS A HAPPY AND SUCCESSFUL 1998! gj Pan Pacific Sutera Kota Kinabalu I'll >»*¥»»» u4 tkr inr the Tmr% am/n,-;,, Thr Pan PatifH Swrni Hntrf ki*i kimihal* mil «nw hr mailm* .ml
      74 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      179 22 I MERGERS ACQUISITIONS H We are a well-established independent Asian investment banking firm, with offices throughout the Asian region. Our firm is involved in M&A R| advisory and fund raising activities with over US$5 billion of H transactions completed in the past seven years. We seek to recruit a corporate
      179 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      117 24 i«B»«tranpnj 18.10 ♦aiO M4O I Yu* Loong Motor 57.50 uncti your advertisement in great...just like f f° un d m Y pet through The Straits Times Classified... 1 I the ad y 1 Straits Times Classified. J you still have the puppy... 3 c^escn^ g°i n g to take real
      117 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      127 26 42£££2k» INTRODUCING THE MOVADO VIZIO: MS" >8,1 A POST-MODERN PERSPECTIVE ON TIME. 12EL JP Asia waicn centre TH: *****08 Bharalh Walch 4 The Movado Vizio™. TH: *****29 ■V #1 m ##V I Solid stainless steel or steel/18K gold. IVIV J \/M I J1 J rP Scratch-proof hard metal bezel. m
      127 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      473 28 BUSINESS Notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HAWK MARITIME PTE LTD ON MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of toe Companies Act, Cap. 50, that the FINAL MEETING of the members of the abovenamed
      473 words
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      Page 28 Advertisements Column 2
      629 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FORSIK TRADING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN. pursuant to Section 308 of the Companies Act. Cap. 50. that the FINAL MEETING of the members of the abovenamed Company will
      629 words
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      Page 28 Advertisements Column 3
      189 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ELDERKIN PTE LTD ON MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap 50, that the FINAL MEETING of the members of the abovenamed Compeny will be
      189 words
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      Page 28 Advertisements Column 4
      457 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND M THE MATTER OF THAI PAN PTE LID (In Members' Voluntary Uquideßon) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 101 Thomson Road #81-10 United Square Singapore *****1
      457 words
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      Page 28 Advertisements Column 5
      299 28 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF SAFETY HI-TECH (S) PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditors of th« abovenamed Company, which is voluntarily wound up. are required on or before 16th January 1998 to tend in
      299 words
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      Page 28 Advertisements Column 6
      1191 28 To advertise call toll-free 1800-*****83 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 90 AND IN THE MATTER OF SMITH CORONA SERVICES PTE LTD ON LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of the Company signed by the Representative of Holding Company relating to Proceedings of Subsidiary
      1,191 words
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      Page 28 Advertisements Column 7
      342 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of VOLVO PENTA SINGAPORE (PTE) LTD i« -,L I H-t. |in ■ffnDtri vcxumary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 2M(2)(b)| At an Extraordinary General Meeting of the Company held 11 Temasek Avenue *22-01
      342 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      326 29 Bridge News Reuters THE promise of slightly firmer rates in the Far East appears to have been very abort-lived apart from one or two exceptions, and the slight turnaround seen in the past week now seems to have halted, brokers said. Freight futures fell, mirroring a change in
      Bridge News; Reuters  -  326 words
    • Article
      MARITIME STOCKS
      292 29 6acJ6 CWT Distribution 0.78 uneh 4 ChuanHup 0.575 -0.005 97 Casco Inyastmant 0.75 tofcMLMn 0.335 *0.035 219 GB Holdings 0J1 -0.01 23 Hai Sun Hup 0.70 *0.01 130 Hitachi Zosan 0.605 *0.109 662 mC Holdings —HK 5.60 Jaya Holdings 0.395 -0.005 6 Jurong Shipyard 8.90 *0.40 25 KappriCorp
      292 words
    • Article, Illustration
      Hanjin secures dedicated terminal at Long Beach
      435 29  -  Carrier's USs277m investment is second largest dedicated terminal in US By. Marcus Hand [SINGAPORE] Reflecting the importance of the trans-Pacif-ic trade, South Korea's Hanjin Shipping has opened a 700,000TEU (20-ft equivalent unit) capacity exclusive container terminal at the Port of Long Beach on
      435 words
    • Article
      Action in rem against ship is an action against the owners: Law Lords
      800 29  -  ADMIRALTY CASEBOOK By\ Selva Kumar THE House of Lords in England have finally put to rest the long running case of The Indian Grace with a judgment that an action in rem against a ship is an
      800 words
    • Article
      Lock icon Aussie maritime unions reject govt's work targets
      205 29 Reuters [MELBOURNE] Australian dockworkers, fresh from an international victory against a plan to train non-union dockers in Dubai port, yesterday rejected government attempts to modernise the waterfront. In talks with Workplace Relations Minister Peter Reith, the dockworker unions led by the Maritime Union
      Reuters  -  205 words
    • Article
      Hutchison buys UK's Thamesport for £112 m
      371 29  -  Port operator aims to develop it into one of Europe's major container ports From David Hughes in London INTERNATIONAL port operator Hutchison Port Holdings (HPH) has made a major expansion in its European container business by buying one of the UK's fastest growing
      371 words
    • Article
      Samudera Shipping expects to meet profit targets; to start new Karachi service
      465 29  -  By: Felix Chan [SINGAPORE] Unperturbed by the economic haze shrouding countries in the region, Samudera Shipping Line (SSL) said it is on track to meet profit targets and will be starting a new service to Karachi later in
      465 words
    • Article, Illustration
      Lock icon Bright future for electric cars
      812 30 SYMPOSIUM ON ELECTRIC VEHICLES Auto experts say the commercial use of electric vehicles will grow significantly in the US over the next few years Reuters AFTER years of a reputation as mere experimental jalopies, electric cars that literally plug into a wall are coming of
      Reuters; REUTERS  -  812 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      371 30 PAGE Fl-Bright IS ANL 3 Famous 7 Accord 8 F wWe M Ahrenkiel M EoongSun 8 AmtnUtiO 5 FrOta IS Astro 3 Frtu Austral 9 6Unk 4 Avant 16 &WMftr4fts 8 B'tang Mas 8 j Glofy Nav 16 BTl 16 GoWen 4 Bangladesh
      371 words
    • Article
      SHIPPING GUIDE
      18141 38 EXPORT CTA ETA Advartta* VMM* Voyaga T.Nphona ETA ETA A<tvartlMf VMM* Voyaga T.l.phon. 22/12 Hyundai MM HY EMPEROR 3051* *******11 A tl/H M CkoVdl HAMBURG UN WFM2 *5-*****12 Tto ABIDJAN (ABJ) 2003 aAi m« mw Hamburg senator wfito *5-n4wo hrarv CamxtCota D'lvolre 22M HM dsen pugwash senator wmr*
      18,141 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        722 45 Vtssd Voy No B«fth Arrtvtl Poptrtun jmiM Mi DMw row J07 iMgsM *12/1500 M CH) Mdr* *****7 JOT atanpM* 19.12/0700 MB 1 0(797 J13 HongsM* 20.12/0700 P SwnaMfi 12/97 J* HonguM 19.12/1200 ItaMi Irk 49 J22 alonqsM* 2112/2300 ScWMfto 130€ J15 KomsKk 19.12/0500 Mm stir I B/97 J15
        722 words
      • Article
        CONTAINER SCHEDULES
        1763 45 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Boofcina/Bttanca Rstts Ship Voy Mo Etb/Btr Ported frow To From Aci OMy 00M 19/1300 M 17/1500 (7/*S9 (7/1900 17/1500 17/B59 17/HOO 2* 17/1700 MW WOtOO a 17/1700 Hfl459 a/oooo 1 a/0700 B/1159 a/MOO 4 B/1200 B/M59 a/1700 lata OM 19/H00
        1,763 words
      • Article
        GLOBAL HOLIDAY
        188 45 DM 23 Japan: Emperor's Birthday. Dm 34 Austria, Bulgaria, Czech Republic, Denmark, Finland, Germany, Luxembourg, Portugal, Slovakia Sweden: New Year's Day. Switzerland: Christmas Eve. Deo 38 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
        878 45 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. Price* shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        878 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        373 45 180 Mai 9919 u 15.4 0.09 Si 0.03 Dttl frnitty Wittf »tstd— Art tkmrnm SiOant No«bow£25 I 1 2 0 0 0 5155" 300 Aw 904.7 0J 117 0.06 34 0.02 to- 300 Mu 997.0 0.9 17.4 0.10 66 0.06 U/^n %,/v %M/W wtl Wo abow
        373 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Air India to buy fewer, smaller aircraft than planned
        260 46 Reuters [NEW DELHI] India's lossmaking flag carrier, Air India, has proposed buying fewer and some smaller-capacity aircraft than originally planned to cut costs, a document on Wednesday showed. The company had originally planned to buy 23 mediumcapacity long-range (MCLR) aircraft 8777,
        Reuters  -  260 words
      • Article, Illustration
        Lock icon FedEx set to take on UPS with Caliber acquisition
        369 46  -  It will challenge rival's domination of US surface transport market By\ Marcus Hand [SINGAPORE] Federal Express Corp's (FedEx) acquisition of global logistics provider Caliber Systems will see it competing head-to-head with UPS in the US surface transportation market. US regulatory review
        FILE PHOTO  -  369 words
      • Article
        Lock icon UPS expects merry X'mas for clients, staff
        426 46 Express delivery firm recovering from 2-week strike in Ang Reuters [ATLANTA] United Parcel Service would have delivered 17 million packages yesterday on the busiest day of its holiday shipping season, and a spokesman said the company is recovering from a two-week walkout by
        Reuters  -  426 words
      • Article, Illustration
        Lock icon World's longest submarine road opens
        327 46 AFP [TOKYO] A multi-billion-dol-lar tunnel under Tokyo Bay, the world's longest undersea road, opened yesterday with critics already dismissing it as too costly for many Japanese drivers. Even before the inauguration ceremony attended by Crown Prince Naruhito and Crown Princess Masako, critics said the tunnel
        AFP  -  327 words
      • Article
        Lock icon China Southern plans to buy 3 more B777s
        240 46 Reuters [HONGKONG] Despite the region's economic crisis, China Southern Airlines Co Ltd still wants to add three additional Boeing Co 777s to help expand its international network further, airline sources said. The Guangzhou-based carrier and China's largest airline in terms of passengers
        Reuters  -  240 words
      • Article, Illustration
        Lock icon Alitalia-KLM alliance will not hurt us: BA chairman
        324 46 Bloomberg [LIMA] The alliance between European airlines Alitalia and KLM will not hurt British Airways pic, and it may hasten approval for a similar alliance between the British carrier and American Airlines, BA chairman Colin Marshall said. "I don't anticipate it will
        Bloomberg; AFP  -  324 words
      • Article
        Lock icon Asia's crisis may hurt other airline markets: American Air
        327 46 Reuters [NEW YORK] Domestic and trans-Atlantic airline markets could see revenue pressure if Asia's economic crisis worsens and airlines start reallocating aircraft to other routes, said AMR Corp chairman Robert Crandall on Wednesday. Mr Crandall, who was speaking at a luncheon
        Reuters  -  327 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1664 46 cm mem cr* awn rn> ktm* vm mo *tm sow roo »wo ore kmUtritm SO 327 0820 K1844 0125 C2354 WW H.837 1540 6*994 2245 Haaol VH741 1310 VH742 0905 KL838 2335 WW Mi DL26 2355 Hat Val TG407 1540 ***** 1645 Ml W Ml895 2150
        1,664 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      25 29 Bright future for electric cars Experts say commercial use of electric vehicles will grow significantly in the US over the next few years. Page 2
      25 words
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      Page 29 Advertisements Column 2
      82 29 FedEx set to take on UPS With Caliber acquisition, it will challenge rival's domination of US surface transport market. Back Page f s '/I pjp**" r&B 1 LJ\y AGENCIES PTE. LTD. 1 m HI mm H M| PURE NEUTRAL NVOCC TO: USA HONG KONG PUSAN OTHERS 1 SINGAPORE: MALAYSIA: 3
      82 words
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      Page 30 Advertisements Column 1
      1084 30 1 EXPORT 1 OTHER DESTINATIONS I DWECT TO WEST COAST F~"l COAST Of CgHTHAL AMPWCA (WAWOAWTA SPWId) VBSa VOT ETA SM I cTD SM I LA 0M VCR g> M. W <Mt Wf ■KPOTT v«sa vot j si rr arai j aouutu Irr oujbu imbmvwtmu u »totaio iaimu auT OCSAKAUMT
      1,084 words
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      Page 30 Advertisements Column 2
      57 30 Hlrrmnip CAPTRANS SHIPPING LTD weekly SINGAPORE calcutta hauha Singapore VMM. WVOY OUTVOY CALCUnA WOAPOM CALCUTTA STEAMERS FORTUNE 103EB IO4WB U/12/97 23/12/97 28/12/97 STEAMERS FAITH 002EB 003WB 31/12/97 05/01/98 AMNTS: Soo Dragon Shipping AgwKMi (A Division of Jordina Math**on (Singopora) lid) I Moritimo Squora 010-46, World Trad* Contra (Lobby D) Singapore
      57 words
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      Page 30 Advertisements Column 3
      609 30 bnes services represented u.. !f@l* MOTb »s o '*»"•*«*<'' Accredited Shipping Agents. Association Singapore Shipping Association Shipping Times Just talk to us... I Iris Lim 740-2044 Jarrod Leong 740-2089 3 x )opon 2 Hongkong 1 Momlo 1 Koosh»ung KaeJung iAccep*ng FCI to RKK MAHA SENOAJ C£BU LCKi TOT PO MR
      609 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1071 31 TO EUROPE FROM EUROPE IvtSMl VOY SW RTM HAM RV SOU LdT" VfSSB VOT »T* NAM WV SOU l£H PRC wT MIOiIOYD HONSHU 3507 20/12 10/01 00/01 05/01 04/01 MM 2417 30/11 02/12 OS/12 00/12 2J/12 NEDUOYD ASIA SSI7 25/12 15/01 13/01 17/01 OK 44*7 05/12 04/12 01/" 02/12 24/12
      1,071 words
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      Page 31 Advertisements Column 2
      2225 31 OHANJIN SHIPPING USA CANADA* reovst/vov imi 3"~ IS mi on pox oi mf m oos on mm ptt iwi ntc tvS rre yyc ru m is. oujbot tm 20/12 21/12 u/oi i»/oi "u/oi 11/0I 11/01 "20/01 21/01 21/01 »i/oi ai/oi 22/01 "m/oT" u/oi 20/01 31/01 "22/01 22/01 n mature om
      2,225 words
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      Page 31 Advertisements Column 3
      103 31 ORIENT EXPRESS LINES (U.K.) LIMITED OIiJL (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VESSEL VOY SINGAPORE lOMIAY VESSEL VOY lOWIAY SINGAPORE KEDAH 009 20/12 29/12 KEDAH 008 08/12 20/12 ACHIEVER 004 22/12 31/12 ACHIEVER 003 10/12 22/12 ALBERT BRIDGE 009 26/12 04/01 ALBERT BRIDGE 008 14/12 26/12 NORDKAP
      103 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1677 32 DSR-SENATOR in Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT Vttsa VOY RTM 1 ANT IWW KAM~ FIJI LHA BSKL VOT LHA FU HTM MV HAW SIH HMMUM SENATOA WFB7I »12 13 91 14 01 14.01 15 01 1011 10.01 ST PFTIRStURO SENATOR EE7S2 2311 2411 »11 27 11
      1,677 words
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      Page 32 Advertisements Column 2
      1174 32 MYANC R4HMG LJNEI YML Internet w«b Srt. http: //www.yTnl.com.tw IJVIJHfIH IH'H'l B4 W!!N'l/ij'! T t*owcbclyevbtythursoay/junoay VKSEI VOY SIN CM! HTM HAM FXT LEH AMR MEO TAIPEI 53/A7SOW 1912 23/12 10/01 08/01 07/01 12/01 NORMANOIE BRIDGE J7SOW 21/12 07/01 0901 10/01 12AJ1 MING SOUTH J7SIW 25/12 14/01 16/01 17/01 1901 MINGMOON
      1,174 words
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      Page 32 Advertisements Column 3
      641 32 LINE JS TIL: MM3II MX* *****37 MUARA 1 1 LABUAN 1 vessel vor fto n* vissa vot no in SPORE MUARA SfOtf UN i PROSPER V3K/97 a/12 2S/12 JLPROSPB V3K/97 »/12 M/ 12 APR&GURT V 321/97 27/12 29/12 APRtGUXT V 321/97 27/12 M/ 12 JPROSFH V3II/97 11/12 03/01 JPtOSrai V3li/«7
      641 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1440 33 Ivnraw voy sin bkk pou pko pen blw fig ba gjc IRAN MEEZAN PJL-1261 11/11 24/11 IRAN TEYFOURI PJL-12S0 18/11 24/11 IRAN MOWN PJL-1262 02/12 11/12 13/12 IRAN VAHPAT PJL-12W 24/12 02/01 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN, UZBEKISTAN. TURKMENISTAN. KIRGISTAN. TAOZHIWSTAN
      1,440 words
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      Page 33 Advertisements Column 2
      1786 33 MRECT sirvki 1 ■SW 1 jn|B FROM SINGAPORE 10 I 6"smentonway ii niiwo Fiu^iiiVoS^^oinwAß^t/i^^V^wosSoT ToHSfiOFrisr ,M B COSTAR SNIPPING PTE LTD iiz-mmsudg saus/ikgs 420SMi/43 inward dot (D/O) 4»s7is COSTAR AGENCIES (M) SDN BHD I CINQ: 117»7»*****« TOWH TWO (*****) COMVtMTIOMAi. 4205*50/55 T/SHPMT DCPT *****25 TIL 02-07-35 ***** FAX: 02-07-35M170 I
      1,786 words
    • Advertisement
      Page 33 Advertisements Column 3
      638 33 'firsr-i EASTERN CAR LINER, LTD.'^'sXT 2 Ife Eg (SINGAPORE) PTI LTD I SPECIALIZE IN WOWO HEAVY UfT UPTO 122 TOHsj Ed (SIIKJAPORE) PTE LTD LOADING FOR BANGKOK/SUBIC BAY/MANILA POUT •O^/lOJCHffG/MaARA/ MV "ORANGE MOON" V.97 KOTA KINABALU ETA SIN 20/12/97 ETA BKK 24/] 2/97 MV "OCEAN BLUE" V.50 ETA SUBIC BAY
      638 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      1221 34 MP ROM MM HM IMP ZEE LMV LHV THP ROM ANW HM PKL MP E. DAINTY RW-083 21/12 18*1 18*1 11*1 IVBI 14*1 18*1 E. SLOWING RE-042 28/11 27/11 21/11 *1/12 28/12 E. RESULT RW-017 27/12 18*1 21/11 17*1 18*1 20*1 21/01 E. GAINING RE-001 02/12 04/12 83/12 88/12 17/12
      1,221 words
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      Page 34 Advertisements Column 2
      776 34 Snl^Wl M'SIA SKSW3U* BSKifflSt *KBM*kWß*n JKTi (H) IWiIOT MPH: (fl)>4WB9 WISAN T USA/JAPAN MV "HYUNDAI DUKE" V.308E MV "GLOBAL HORIZON" V.046E ETA SIN: 22-12-97 ETA SIN: 21-12-97 ROTTERDAM/HAMBURG AUCKLANP MV "PUGWASH SENATOR" V.OOIW MV "FRESHWATER BAY" V.32S I ETA SIN: 22-12-97 ETA SIN: 27-12-97 FREMANTLE SHANGHAI MV "BUNGA DEUMA" V.411
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      Page 34 Advertisements Column 3
      441 34 ft* NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VBSa VOT I SI I PU» I PU» I <FT I I/mT wmmsm QMS 72/1? 31/1? 04/01 W/Dl mttlfttttt om 21/1? 12/81 14/81 mmivaus o?<s m/pi 12/ Di 14/01 21/01 23/01 SPIDER MUfiOW 002S 12/01 22/01 2i/0) 31/11 mwAinwoss om
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      Page 35 Advertisements Column 1
      527 35 1 BSfl A.l M MYANMA Dl FIVE STAR UNE (Myaaaur NatiaaaJ Um) Loodiag for Toagaa (Raagaoa) VKStt «0T SI TO FBI Ni mpmm Mtw mpt pajhbn mw su> MALAYSIA AfiOITV: MUSTIAD SMPfWG AGQKKS lUL m 02-03-1417)00 Mb Til 02-93-37M101 pat TU 02-94-*****02 P6O: TH. 02-07-2512J21/4 i«| BANK LINE (A Mrvkt
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      Page 35 Advertisements Column 2
      1141 35 HYUNDAI I MERCHANT MARINE CO. UP. I rasa Vpr T IB< IWMI AW I HAM IMM I W~| IVBSB WT lUMI I KAA Im. AMT ITM Si I HT EMPftOt 300W 22/12 00/01 00/01 11/01 11/01 11/01 14/01 NT MH 3M 27/11 30/11 30/11 02/12 02/12 04/12 22/12 NT OOMIAI
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      Page 35 Advertisements Column 3
      591 35 I /g FAMOUS CONTAINER LINES /IBS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 g/ HOT UNE: *****33 (30 LINES) WBnMiMMßtwww.l—fc.w.tl E-WI. AfICWESS: DAILY SAILING TO ATTRACTIVE RATES! CALL IVY FOR BOOKING *****33 P. KLANG PH: 0203/*****33 (20 UNES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 fC? 2M0?«J4W87 (58 UMESj
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      Page 36 Advertisements Column 1
      887 36 MM JAKABTA/PAHJANO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN DANU BHUM 018N In Pt 24/12 23/12 XETHA BHUM ***** In Pt 20/12 OANU BHUM 018NB 20/12 24/12 23/12 ANAN BHUM' 668 20/12 23/12 YANTRA BHUM** 219N 21/12 24/12 28/12 HIBISCUS ISLE« 56S 21/12 24/12 KIT) BHUM 33N
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      Page 36 Advertisements Column 2
      657 36 PUL INTERNATIONAL KnMMal^kiMklUM VSL yoil M I XT UN aim™ \w MMm BSC 1 iliM feii lip I ii<ii Iw I aiii I IPE llllilMilillil flfMt/fflt 7 5W /WK I Vtt UM |SM 1 imwitm ifr 1 prr |*w I n/uT»w will MAGON THONGIMS I 22/12 MOM I 25/12 THU
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      Page 36 Advertisements Column 3
      800 36 A ACCORD A SHIPPINO PTE LTD Til *****15 (40 Lin*s) FAX *****30 NMKUUK (031H***** Jf M DMICT ACCESS TH.: *****55 (EXPORT ROOKING) MStOMJK MUHV7 *****34 (EXPORT DOC), *****39 (IMPORT) PSMM (04) U***** URLrffTTP: /WWWACCORO.COM.SO JHUfU (711t40tr70 SAA/ pot ra sin wwT mmi hut it* sw poct ni sm" (FAR EAST)
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      Page 37 Advertisements Column 1
      508 37 f INPONESIANATIONAniN^^ ITO EUROPE n tAPHEttS BgMhCOWTAINPWgP SCHVICg VUI VOY I S'POOI lAOAM/H DAM HIURO MCMfN ANTWfAP a.vissel I «wi[, I in %n omit iw TO AUSTRALIA 1 FULL COMTUMPI SiHVfCg mi wt_ hbHm m m rrt> m m m m tun antrum tm w* nm iviiihi mi 11*1 mcmtw.
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      Page 37 Advertisements Column 2
      801 37 C pacific international lines <pte> ltd^ I '*"*""""'*7 Mb 140 Cecil Street, »03-00 PtL Building. Singapore *****0. CR NO **********06 liteF m Etr=t= B, !il Sfii li irrn mmiii mm in m uj 11a azi an iui ia~ Isam, a,, lij, —")i ;K' w |IBfr. I jr|i"'|a' I'{"f Jh pI
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      Page 37 Advertisements Column 3
      837 37 I VESSELS I \/DV I SIN I JED MLA LEH HAM THP RTM W-LE OE AMTARES L23jg zyi2 31/12 12AM 13X0114/01 IMHWW V-LEDEMRGO 823V1 30/12 07/01 12/01 18X01 2CVOI 21 /01 22/01 2TOI W-LEDE NORMA N23W 0&P1 14/01 18X01 2MH 27/01 26*01 2WI 28X01 VK-LE DC GEMINA H23W 21/01 2W)I
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      Page 39 Advertisements Column 1
      42 39 To retrieve more schedules, Just follow these simple steps... a s.ep# document M)ial 740-6000 ep inter your key in the four hone number code Key in your Example: i fax number To NEW YORK (NYC) 2275 United States for calls within Singapore
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      Page 42 Advertisements Column 1
      805 42 SAMUDERA INDONESIA (S) PTE LTD 15 MCCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 I TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 INTRODUCING KARACHI Every Sunday Fixed Window Direct Shuttle Service SAMUDERA BOOKING HOTLINE:DORIS/CE LI A/JESSICA/MEI CHAN AT *****41/ *****43 <z£ocn jQnes JjbJ SINGAPORE TO SARAWAK
      805 words
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      Page 42 Advertisements Column 2
      426 42 NEWARK SHIPPING I AGENCIES PTE LTD I 48-A Campbell Lane, Singapore *****1 s CHTTTAGONG II BOMBAY I ■< CALCUTTA yj W L NHAVA SHEVA U WW 1 COLOMBO A «r MADRAS P DUBAI/JEBEL ALI 0 TimCORIN R COCHIN E m KARACHI MALDIVES ALSO ACCEPTING ICD DELHI, tCD DHAKA CALL: (65)
      426 words
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      Page 42 Advertisements Column 3
      554 42 SIN FAR CAST 21/12 KEELUNG/KAOHSIUNG 21/12 BANGKOK 22/12 MANILA/CEBU 22/12 JAKARTA/BELAWAN/SURABAYA 22/12 PORT KELANG/PENANG/E MALAYSIA 23/12 BUSAN 21/12 TOKYO/YOKO/KOBE/NGO/OSA 21/12 HONG KONG SIM CHINA ("Pis*i»*n) 21/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 22/12 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 23/12 LOS ANGELES/NEW YORK all IPI
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      Page 42 Advertisements Column 4
      568 42 9 Singapore Soviet Shipping ffibco. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL HAIXIONG 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 XIONG HXGO6I 06/01 16/01 28/01 30/01 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA
      568 words
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      Page 43 Advertisements Column 1
      1247 43 ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND S£RVK£ VESSEL VOY |SH CMB Ptt I G€~ BCN I lEH ANR FEI N SHANGHAI 9749-3 19 DEC 23 DEC 01 JAN 03 JAN 05 JAN 108 JAfT 09 JAN 1Q JAIS MSC ROSELLA 9750-3 24 DEC 28 DEC 06 JAN 08 JAN 10 JAN
      1,247 words
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      Page 43 Advertisements Column 2
      1590 43 Ivßsa mmsr pjamg- I swe 1 w I sou It» I mm I wm Ivkse Ipjmwg-I spokl hkc pusanl nu mt tm nop Ishmizul no OQWDaUMP 1507 17.11 itlj 1111 0101 0011 1101 04j01 00 SMGATOtf 2407 IS.II 1111 H.II HIJ 24.11 HIJ ££ESL, ,1 nn M-01 tam 1*97 Jill
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      Page 44 Advertisements Column 1
      451 44 SIN MAA SIN I DGER ISLAND 589N 19-22/12 25-29/12 03-04/01 I TIGER BRIDGE 590N 24-24/12 29-01/01 06-07/01 I TIGER BAY 591N 25-27/12 31-04/01 09-10/01 I TIGER WAVE 592N 30-31/12 05-08,01 13-14/01 I TIGER ISLAND 593N 03-04/01 08-1201 17-18*01 I TIGER BRIDGE 594N 06-07/01 12-15/01 20-21/01 IVESSEL^^VO^^SIJ^^CA^^SIJ^I TIGER RIVER 306CN8 21-23Y12
      451 words
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      Page 44 Advertisements Column 2
      850 44 FREIGHT UNKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg CONSOLIDATION SERVICE ARGENTINA ETD SIN SOUTH AFRICA ETD SIN BUENOS AIRES 24/12 CAPETOWN 21/12 CHILE ETD SIN DURBAN 21/12 VALPARAISO 31/12 JOHANNESBURG 21/12 GREECE ETD SIN SPAIN ETD SIN PIRAEUS 29/12 BARCELONA 26/12
      850 words
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      Page 44 Advertisements Column 3
      1241 44 QOCL (Sinqopore) Pte Ltd CFS Keooel 79 Amm iMd #21-04 *****4 Blk 513 *01-128 t enquiry 'ifSVi ll CR NO 11S7S7IOOOOH M: 272 7127 tall 3269 180 v^-/ S W: *****13 F.« 221 3942 F«: 272 7825 MOtTM AMIRICA USA/ CANADA AUSTRALIA TO USA SGP sra OAK CHI MEM NYC
      1,241 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      123 45 LEGEND: R Thunderstorm Temperature c X\ y Shower Weather Wmd direction with speed in knots ee Rom Cloudy Sky Wov h *'9 ht f H, orrow which Hy with the wind One full circle represents calm or bght and vor.oble wmds J__ One ho»f fleche represents 5 knots L» One
      123 words
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