The Business Times, 24 December 1997

Total Pages: 34
1 34 The Business Times
  • 12 1 THE BUSINESS TIMES MITA(P) 110/12^97 85c SINGAPORE Internet■ http://www.asial.com.sg/biztimes WEDNESDAY, DECEMBER 24,1997
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  • 708 1  -  Compensation shares for Foreign shareholders, bonus shares for all By. R Sivanithy [SINGAPORE] Diversified media and property group Singapore Press Holdings yesterday announced the not-unexpect-ed merger of its Local and Foreign shares but combined it with a surprising first a novel scheme
    Source: Bloomberg  -  708 words
  • 450 1  -  By, Jennifer Lien [SINGAPORE] Governmentowned Singapore Technologies Pte Ltd stands to lose more than half a billion dollars from its failed foray into the disk drive industry. Sing Tech yesterday said that in addition to its initial $80 million equity
    450 words
  • 543 1  -  From Bruce Cheesman in Taipei OVERSEAS Investors are returning in droves as institutions use Taiwan's resilient bourse as a sanctuary for retaining exposure in Asia's battered financial markets. Foreign investors transferred a net U*****.5 million (Ss6lo million) for stock investments in the first
    543 words
  • 574 1  -  Borrowers stampede for what's left of country's reserves From Louis Beckerling in Seoul SOUTH KOREA was last night teetering on the brink of a sovereign default on its foreign debt repayments and facing the grim prospect of calling a debt moratorium to
    Source: Bloomberg  -  574 words
  • Page 1 Advertisements
    • 132 1 Pigftto wtktk far choßßcais cfaiflUr Tl* investment outlook for Singapore's cluster is "encouraging" as interest remains strong, says the EDB, Pf 2 TaO-freetrip Motorists can use the Ssoood Link between Sbigapore and Malaysia far free in the first two weeks of its opening, as die toD nmramt is «HTI being
      132 words
    • 28 1 Id Saturday's BT Our annual Turk^J^ Okay, it's been a rotten year so it's time for some fun. Even if it means finding yourself on our Turkeys list.
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    • 102 1 More reports in Markets in Turmoil, Pg 4 ElTAGHeuer SWISS MADE SINCE 1860 INTRODUCING KIRIUM i Jife SHAPED B Y F SPORT For further information: TAG HEUER SHOWROOM Tel: 235 8477. Available exclusively at the following dealers: All Watches Tel: 732 7673 Asia Watch Centre Tel: 440 4208 Chew Cheong
      102 words

  • SINGAPORE AT HOME & ABROAD
    • 528 2  -  Chemicals output up 12% to $27b in past year; star was petrochemicals: EDB By Ronnie Lim THE investment outlook for Singapore's chemicals cluster "is encouraging" as investment interest "remains strong", said the Economic Development Board (EDB). After chalking up "strong growth" in 1997, chemicals
      528 words
    • 328 2 Y&an minister says toll rates still being discussed Bernama (KUALA LUMPUR] Toll on the Second Link between Malaysia and Singapore will only be decided two weeks after it is opened to traffic on Jan 2, and in the meantime motorists can use
      Bernama; FILE PHOTO  -  328 words
    • 210 2 [SINGAPORE] The Life Insurance Association of Singapore (LIA) has introduced a 50 per cent limit on how much available Central Provident Fund money an individual can use to buy regular premium insurance policies. The limit on the use of
      210 words
    • 150 2 [SINGAPORE] NTUC Income yesterday said it will be paying out between $2 million and $3 million in claims for victims of the Silk Air crash. Income's chief executive, Tan Kin Lian, said it has identified 30 claims involving more than
      150 words
    • 311 2  -  EYE ON THE ECONOMY Inflation By. Audrey Tan AN increase in healthcare and transport costs led to a 2.3 per cent inflation rate last month, down slightly from the high of 2.5 per cent in October and September. The monthly inflation has been more than
      Source: Dept of Statistics  -  311 words
    • 487 2 SILKAIR DISASTER Locatioo of Silk Air plane's black box found in aerial sweep THE Civil Aviation Authority of Singapore (CAAS) yesterday said there is no confirmation that a Qantas aircraft had received distress signals from Silk Air flight MI 185. It said
      ALPHONSO CHAN/ST  -  487 words
    • NEWS Roundup
      • 53 2 THE High Court trial of Royal Brothers' Raj and Asok Kumar, who face a total of four corruption charges and one attempted cheating charge, will run from Feb 2 to March 6, it was announced yesterday. If found guilty, the pair could be jailed as
        53 words
      • 71 2 SINGAPORE Press Holdings executive chairman Lim Kim San, Fraser Neave chairman Michael Fam and National University Hospital chairman Cheong Siew Keong will serve another six years on the Council of Presidential Advisers, die Istana said yesterday. Mr Lim will continue as the council's chairman. The other
        71 words
      • 35 2 NTUC Income Insurance Cooperative is planning to invest $20-140 million in the UK and Australia to develop student hostels over the next three years in its first such venture.
        35 words
  • Page 2 Advertisements

  • REGION
    • 449 3 BANGKOK Cap on foreign stake in mutual fond firms raised to 49% from 25% AFP FOREIGN investors are allowed to own bigger stakes in Thai securities firms and mutual fund companies after the government eased ownership restrictions this week. The government said yesterday that foreign
      AFP  -  449 words
    • 400 3 BEIJING AFP PRESIDENT Jiang Zemin on Monday urged greater action to protect the growing army of jobless as the Chinese authorities announced around 400,000 redundancies in the chemical industry from next year. "There are still firms in the state
      AFP  -  400 words
    • Article, Illustration
      61 3 [BEIJING] A Beijing shopper inspecting a Christmas tree constructed from wind chimes on display in front of a popular downtown department store yesterday. Department stores across town have slashed prices by up to 50per cent on various goods for Christmas, New Year and the Lunar New Year, in
      REUTERS  -  61 words
    • 268 3 m SINGAPORE Indonesia, M'sia, S'pore will take lead in implementation AFP ASEAN environment ministers and senior officials yesterday adopted a plan to prevent a recurrence of the haze that enveloped the region and made tens of thousands ill. Asean member countries would try to
      AFP  -  268 words
    • 187 3 SHAHALAM Bernama A TOTAL of 15,000 new Proton cars have been left "abandoned" as potential owners find it difficult to obtain loans due to the current credit squeeze. Edaran Otomobil Nasional Berhad (EON) managing director Adzmi Wahab said yesterday EON would monitor
      Bernama  -  187 words
    • 374 3 BANGKOK Office rentals down 30% in Bangkok, 21% in KL in 3rd quarter AFP BANGKOK'S property market is the worst-hit in South-east Asia, with office rentals falling almost 30 per cent in the third quarter of 1997, consultants said yesterday. Jones Lang
      AFP  -  374 words
  • Page 3 Advertisements
    • 199 3 Heralding Malaccas Newest Address, Inspired By Its Rich Heritage. KIkRIJ,- dL Vt fat -a Er' r: PI 11 M m I I h*cMaK .fcj L 4 PI H IKSmiMttC VI r M wßrnt r I iIbCCPI I „"d L H HHB l crrPl I m?** SS9I Jm I PW 1
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  • MARKETS IN TURMOIL
    • 487 4  -  But it says economy is in better shape to weather storm than many neighbours From Eddie Toh in Kuala Lumpur THOMSON Bankwatch has downgraded its rating of Malaysia but the world's largest bank credit-rating agency is confident that Malaysia is better, positioned to
      487 words
    • 1013 4  -  DBS, OCBC, UOB outdo Japan banks in credit-worthiness By< Conrad Raj [SINGAPORE] Singapore banks are among the most credit-worthy in Asia, according to international ratings agency Fitch IBCA. It gave the Republic's three largest DBS Bank, OCBC Bank and UOB 'A/B' ratings for their
      1,013 words
    • 304 4 Reuters AFP [BEIJING] In a major financial reform spurred by the Asian currency crisis, China yesterday announced plans to gradually scrap bank lending quotas. #he People's Daily newspaper yesterday quoted Li Tieying, Minister of the State Commission for Economic Restructuring, as saying the quotas
      Reuters; AFP  -  304 words
    • 182 4 Reuters [KUALA LUMPUR) Malaysia's Deputy Prime Minister Anwar Ibrahim said yesterday that policy measures announced to date are adequate to tackle the ongoing economic crisis. "I think the measures are adequate. I mean the belttightening is really tight, and I think it is difficult to see that
      Reuters; REUTERS  -  182 words
    • 319 4 Bloomberg [JAKARTA] The Indonesian government's foreign debt repayment and interest bill for next year will amount to about 32 trillion rupiah (559.6 billion), President Suharto said on Monday. "It's best if we sort it out so we can pay for the capital
      Bloomberg  -  319 words
    • 587 4  -  Falling stock prices may thwart efforts to increase write-offs From Anthony Rowley in Tokyo NON-performing loans among Japanese banks and other de-posit-taking institutions climbed to 28 trillion yen (***** billion) as of Sept 30 reversing what had been a falling trend for
      587 words
    • 361 4 Company ratable to raise new loans amid credit crnnch Bloomberg [TOKYO] Maruso Securities Co, a midsize Japanese brokerage, filed for voluntary bankruptcy after it was unable to obtain new loans amid a worsening credit crunch. The privately-held brokerage has 46.3 billion
      Bloomberg  -  361 words
    • 314 4 Bloomberg [TOKYO] Japanese companies are turning to the bond market to raise short-term funds as the nation's banks themselves struggle to secure funds for their own needs, analysts said. Nissho Iwai Corp, a trading firm with revenue last year of 8.89
      Bloomberg  -  314 words

  • THE WORLD
    • 308 5 UK trade deficit hit £1.4b in Oct due to strong LONDON Reuters BRITAIN'S trade position took a turn for the worse in October with a deficit of nearly £1.4 billion (553.9 billion) in goods traded as sterling's strength stalled export growth and boosted imports. The Office for National Statistics said
      Reuters  -  308 words
    • 358 5 WASHINGTON Year-end review cites better Sino-US ties as a big AFP THE US and China are talking "much more productively" about major issues in the last year as a result of improved ties illustrated by the recent summit in Washington, a
      AFP  -  358 words
    • 325 5 ISTANBUL NYT THE worldwide tourism industry will expand so fast between now and 2020 that "it will not only be the world's biggest industry, it will be the largest by far the world has ever seen", according to a new
      NYT  -  325 words
    • 573 5 WASHINGTON But Q4 figures indicate that current economic expansion will continue Bloomberg [WASHINGTON] The government yesterday lowered its estimate of third-quarter growth, although more recent statistics for the fourth quarter suggest there's no end in sight to the current expansion.
      Bloomberg  -  573 words
    • 72 5 [BETHLEHEM] A Palestinian craftsman carving Nativity characters from olive wood on Monday. Christian pilgrims are expected to flock to this West Bank town on Christmas Eve to watch the Latin Churches parade and to attend the traditional midnight Mass in the Church of Nativity, where
      AFP  -  72 words
    • 253 5 LONDON Reuters BANK of England governor Eddie George said yesterday that arguments over who should head the new European Central Bank (ECB) could be the biggest problem in the run-up to the launch of the European single currency. Mr George told the Financial
      Reuters  -  253 words
    • WORLD Watch
      • 64 5 AFP [BAGHDAD] Iraq accused the US yesterday of "blackmailing" the UN Security Council and manipulating the UN Special Commission on disarmament to prolong economic sanctions. Iraqi Deputy Prime Minister Tareq Aziz said a Security Council declaration on Monday urging Iraq to give UN weapons inspectors
        AFP  -  64 words
      • 30 5 Reuter [LONDON] Chancellor of the Exchequer Gordon Brown defended plans to reform the welfare state. He pledged it will not be a "slash and burn exercise".—Reutert
        Reuter  -  30 words
      • 58 5 AFP [MOSCOW] US President Bill Clinton is to visit Russia next year, Russian presidential spokesman Sergei Yastrzhembsky said yesterday. He said the two sides had not yet agreed on a date. Mr Clinton had said he would visit Moscow only after the Duma (Russian
        AFP  -  58 words
      • 40 5 AFP [JERUSALEM] Prime Minister Benjamin Netanyahu too&* most of his ministers on a helicopter tour of the West Bank yesterday to assess which parts of the occupied territory cannot be relinquished to the Palestinians. —AFP
        AFP  -  40 words
      • 42 5 AFP [MOSCOW] Russian President Boris Yeltsin returned to work briefly st the Kremlin yesterday under s compromise agreed with doctors treating him for a heavy cold. He is expected to return to his desk again today. —AFP
        AFP  -  42 words
    • 394 5 LONDON 1997 payouts a third more than 1996 amid mergers, Asian crisis Bloomberg THE City of London's most valuable workers will take home about £1 billion (Ss2.B billion) in bonuses this year a third more than last year even after a wave of mergers
      Bloomberg  -  394 words
  • Page 5 Advertisements
    • 44 5 Shin Min Daily News Lianhe Wanbao available on DECEMBER 1997 Gal Your Copy Of The Newspapers At Your Newstands. Also available at: Slop Press Kiosk, Cold Storage, NTUC Fair Price, Petrol Stations, Times The Bookshops, Shop N Save, TOPS, Borders and 7-Eleven. Press Holdings
      44 words

  • EDITORIAL & OPINION
    • 738 6  -  THE BOTTOM LIMB OPINION By Al Labita The writer is BT's Manila correspondent WHY has President Fidel Ramos chosen to anoint somebody perceived by rivals to be the easiest to beat in next May's presidential polls? After all, Congress Speaker Jose de Venecia,
      738 words
    • 132 6 'I'm selling everything, all sectors. I want 30 per cent cash at the end of the month.' Jacques-Antome Bretteil who manages USs2oomillion (***** million) in assets at International Capital Gestion in Paris, as world stock markets fell last week after Japan suffered its third-biggest bankruptcy in history,
      132 words
    • 646 6 Crossing the bridge —at a price EDITORIAL IT stands to reason that the toll charges that are fixed for the second link between Singapore and Malaysia must serve the interests of both countries. It follows too that, Malaysian Works Minister Samy Vellu's contrary view notwithstanding, whatever the new rates, they
      646 words
    • 1042 6  -  Transparency and directness may be the values Asia should take on to get out of its malaise quickly George T Haley The writer, who is Associate Professor of Marketing at DePaul University, Chicago, has spent the last four years teaching and doing research at the Instituto
      AFP  -  1,042 words
    • 818 6 Obsqaal trwtmet FAR from creating a sense of cooperation, the Foreign Bankers Association in Thailand is creating grudges among Thai corporate borrowers, bankers and policy makers. The association of foreign banks with branches in Thailand will have to do better if its members think they are
      818 words
  • Page 6 Miscellaneous
    • 43 6 DOOWESBPRY By Garry Trudeau LACty.'l MAS M UM...IACSY. MHAT?... OH. PEAR... THEN herb yourte I cvrwx-W your, bitter arevou ihjonperwho m m&AdOUT lINGUJTTH PEARL PIEP SURE, JHE NICE LAPY IN t7l V |ID CALL THE )\MYStSTERM OESCARI&T PEAR* THE KfTCHEN IS. 11 V_fZ?lL_V^—
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  • Page 7 Advertisements
    • 750 7 Buy It. Sell It. Find It. Classified. f& CATS. Call Today For Results Tomorrow. **********6 Where to wine, dine and entertain^""t IPS L The Hubertus Grill returns by popular demand for Xmas bve Day and New Years Eve& Day only. Serving our I renowned gourmet buffet. So call 839 1555
      750 words
    • 158 7 Mandarin Singapore Presenting... The Longest Buffet Spread at Mandarin's Annual CHRISTMAS FUNLAND 25 Dec 1997, Thursday 11am-3pm Mandarin Ballroom Join us for fun ft games with fflL JP Woe Alkaff jflT Call 831 for your tickets 333. Orchard Road. Singapore *****7. Tel: *****11 from ZI jf- Dece**Jber wU fke f«five
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  • Page 7 Miscellaneous
    • 787 7 TV&RADIO :jRMMMiNNIIB 530 Suria 6.30 The Pyramid Game. 6.30 Kaadhal Pagadai j i jrr® PM TV Innovations. 7> News 5At Seven. 7.00 Kunnakudiyin Violin Vi- F" —fflfluuHnißK 2.30 lne Winners. Nick Freno: Licensed runthu. mBBIbBbBI Money. Teacher. 7.30 Tamil SeithitfVeiosJfT). SllMfJ 2000. 8.00 Showbuzz Extra. 8.00 Berita 12. [mliY TV,
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    • 294 7 C'KVPTiC CROSSWORD ACROSS 3Go for tax-free Investment (3) HHI H~" HHV H S It's a bit off to retire tradeunionists (6) 9 9 8 A Christian symbol displayed |HHH| horizontally (6) Hi HH JHH 9 Certainly leave no room for Tone said to produce a state of IH IB fIHHH
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  • COMPANIES & MARKETS
    • 358 8 Interest servicing on all loans are current; associate companies generating income Reuters [KUALA LUMPUR] Malaysian Resources Corp Bhd (MRCB) said its lenders have agreed to reschedule a bridging loan facility, and maintained that it is up to date on the interest servicing
      Reuters  -  358 words
    • 137 8 [SINGAPORE] Bambang Trihatmodjo's shares in Van der Horst have again been sold by a bank holding them as collateral. The engineering and construction company notified the stock exchange that on Dec 18 Societe Generale sold 173,000 of Mr Bambang's shares pledged to it as
      137 words
    • 273 8 [SINGAPORE] Investors yesterday shrugged off news that Uraco was getting a new strategic partner, with its shares closing one cent down at 32.5 cents on thin volume of 213 lots traded in a quiet market. The Straits Times Industrials Index closed
      273 words
    • 683 8  -  HOCK LOCK SIEW Lee Han Shih IN SPITE of its setback in its investment in Hagenuk of Germany, IPC Corporation seems set to continue pushing into the telecommunication field. Is it a case of too little, too late? In the last
      683 words
    • 312 8  -  Lim Hui Boon, Ho Wah Genting release company from obligation By, Abdul Hadhi [SINGAPORE] Lim Hui Boon and his Malaysian-listed Ho Wah Genting Bhd (HWGB) have released Bariston Investments from its obligation to acquire their joint 26 per cent stake in Sesdaq-listed Ho
      312 words
    • 360 8 Concern over its new Asian infrastructure projects blamed Bloomberg [HONGKONG] Hopewell Holdings Ltd shares fell to a record low yesterday on concern over the Hongkong builder's new infrastructure projects amid Asia's mounting financial problems. Hopewell's plan to build a US$l.3 billion (552.2 billion) power plant
      Bloomberg; AFP  -  360 words
    • 418 8 Joint venture partner unable to provide bank finance [SINGAPORE] Pacific Can Investment Holdings' plans to set up a can manufacturing project in Malaysia have hit a snag. The company announced in March that under a joint venture agreement, its partner Qarira Holdings
      418 words
    • 226 8 [SINGAPORE] Industrial group Nat Steel has conditionally agreed to sell the bulk of its 24.17 per cent stake in Hongkong listed steel company BurwiU Holdings. Nat Steel yesterday said it win sell 142.62 mUlion BurwiU shares, representing 18.8
      226 words
    • COMPANY Briefs
      • 51 8 [SINGAPORE] DelGro Corp (formerly Singapore Bus Service) has teamed up with a Chinese company to operate public buses in Shanghai. It said yesterday that the joint venture will have a registered capital of about $19.2 million, of which around 19.4 million will come from
        51 words
      • 32 8 [SINGAPORE] Retailer Ossia International has consolidated its Malaysian operations by acquiring OF Manufacturing and its subsidiary OF Marketing, as well as all the issued capital of Ossia Marketing.
        32 words
      • 56 8 Reuters [SINGAPORE] Seafood trader Pacific Andes (Holdings) Ltd yesterday said its wholly-owned unit, Sea Glory Ltd, will sell a deep-sea supertrawler to a trading partner for US$4.5 million (597.5 million). Under a hire-purchase agreement signed on Monday, Sea Glory will retain legal title of the
        Reuters  -  56 words
      • 82 8 Reuters [KUALA LUMPUR] Shares of Malaysian maritime engineer Westmont Industries Bhd will remain suspended until Jan 5 so that it can announce the results of an "investigative audit", the Kuala Lumpur Stock Exchange said yesterday. Westmont earlier this month said its 1996 results may not
        Reuters  -  82 words
      • 94 8 Reuters [KUALA LUMPUR] Shares of Malaysian Mining Corporation Bhd (MMC) will resume trading today, the Kuala Lumpur Stock Exchange said in a statement yesterday. Homestake Mining Co said on Monday it planned to acquire Australian gold miner Plutonic Resources Ltd in a US$64O million (551.07
        Reuters  -  94 words
      • 79 8 Bernama [KUALA LUMPUR] FACB Industries Incorporated Bhd, formerly Kanzsn Bhd, is to expand its steel products manufacturing but will place its Sabah property plans on hold, says director Sulaiman Sujak. He said steel demand remained strong and the group was committing 7 million Malaysian
        Bernama  -  79 words
    • COMPANIES
      • 440 9 Latest bids push up total value of US takeover deals this year to a record USsB79b FT [NEW YORK] The merger mania that has gripped Wall Street all year came close to a frenzy on Monday with the announcement
        FT  -  440 words
      • 275 9  -  From Al Labita in Manila A UNIT of Malaysia's Hong Leong Group (HLG) is disposing of its majority stake in a listed firm to streamline its Philippine operations. In a statement yesterday to the Philippines Stock Exchange, Atlas Fertiliser Corp (AFC) said
        275 words
      • 79 9 [PARIS] An unidentified customer checking bottles of Coca Cola (right) and Orangina (left) at the soft-drink counter of a Parisian food store yesterday. Coca Cola is to buy the Orangina brand from Pernod Ricard of France, giving the US group a new sparkling orange drink
        REUTERS  -  79 words
      • 588 9 Exec suite massacre seen linked to Citibank's interest Bloomberg [BANGKOK] First Bangkok City Bank pic fired its president and chairman and replaced several board members an executive suite massacre apparently connected to US giant Citicorp's courtship of the bank, which is Thailand's
        Bloomberg  -  588 words
      • 391 9 Reuters [LONDON] The London Stock Exchange, the world's thirdlargest bourse, is studying whether the "millennium bug" poses any threat to its trading systems and expects to issue its preliminary results by next spring. FTSE International, which calculates the official prices on equity and bond
        Reuters  -  391 words
      • 381 9 Announcement sends Telecom Corp's shares down 11.5% Bloomberg [WELLINGTON] Telecom Corp of New Zealand shares fell NZ$l.OO, or 11.5 per cent, to NZ$7.7O after US telephone company Ameritech Corp said it will sell its 24.95 per cent stake in New Zealand's largest
        Bloomberg  -  381 words
      • 369 9 Big Board lured 93 firms from Nasdaq this year Bloomberg [NEW YORK] The Nasdaq Stock Market wants to do to the New York Stock Exchange (NYSE) what the Big Board has done to Nasdaq for years poach its listed companies. Nasdaq
        Bloomberg  -  369 words
      • 157 9 [SINGAPORE] Healthcare group Parkway Holdings has signed a $300 million loan facility jointly arranged by DBS Bank and OCBC Bank. The five-year fixed-rate transferable loan comes with an option to convert the loan to fixed-rate guaranteed bonds amounting up to $300 million. Payment of
        157 words
    • FINANCE & COMMODITIES
      • 423 10  -  2nd-half diamnnH sales fall 16% to US$LBb; slump in Japan orders to blame From Neil Behrmann in London THE Japanese economic slowdown and the Asian crisis are hitting diamond producers, dealers and jewellers. This is reflected in a 16 per cent
        FILE PHOTO  -  423 words
      • 426 10 American Bankers deal gives it foothold in credit insurance Reuters [HARTFORD, Connecticut] Global insurance giant American International Group (AIG) said on Monday it agreed to acquire American Bankers Insurance Group Inc for US$2.2 billion (553.68 billion) in AIG stock, giving AIG a foothold
        Reuters  -  426 words
      • 387 10 Bank worried that Deutsche Bank hasn't denied talk Bloomberg [FRANKFURT] Commerzbank AG said it considers as "very serious" unconfirmed reports that Deutsche Bank AG, Germany's largest bank, is preparing a takeover bid, according to a Commerzbank supervisory board member. On Saturday, German
        Bloomberg  -  387 words
      • 291 10 Reuters {FRANKFURT] Germany's BHF-Bank AG on Monday said it was pulling out of its joint venture British investment bank Charterhouse pic by selling its 50 per cent stake to French partner Credit Commercial de France (CCF). The Frankfurt-based bank, under new
        Reuters  -  291 words
      • 234 10 {SINGAPORE] Australian insurer MMI has set up a reinsurance branch in Singapore to serve as its overseas headquarters in the Asia Pacific. Known as MMI General Insurance, the branch here is the second Australian company to undertake reinsurance business in Singapore. The other is
        234 words
      • 185 10 SlMEZJieport Reuters [SINGAPORE] Simex Euroyen and Eurodollar futures barely twitched yesterday as the market's growing year-end lethargy was intensified by a public holiday in Japan, dealers said. Activity was confined to half-tick movements on very thin turnover and analysts and dealers said that there was little prospect
        Reuters  -  185 words
      • 158 10  -  MSCI TAIWAN FUTURES -By Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pte Ltd {SINGAPORE! The Simex MSCI Taiwan Stock Index futures were unable to hold early gains yesterday as concerns over Asian currencies continued to weigh on sentiment. Only the technology sector remained in
        158 words
      • 276 10 ENERGY REPORT Reuters [TAIPEI) Taiwan state monopoly Chinese Petroleum Corp (CPC) yesterday pledged to begin selling itself off in tjie middle of 1998 a year behind schedule and complete its privatisation by July 2000. "Chinese Petroleum has planned to start the privatisation process
        Reuters  -  276 words
      • 285 10 Reuters London THE US dollar slipped slightly by early afternoon yesterday compared with its morning levels, pulled down by dollar sales for yen, dealers said. At midday, the dollar was at 1.7777 marks against 1.7807 in the morning and 1.7806 on Monday, and to 130.11 yen against 130.46
        Reuters  -  285 words
      • Article, Illustration
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        1,194 words
    • 1709 11 SI COM FUTURES Dec 23 RU0KR (Mara do** as at SJOpn) RSS1 CONTRACTS CMts/kg) Close Volume Open Monte W|h low Sett (tots) hrtorort Jan 96 120.50 120.25 120.00 120 Feft 96 121.55 700 Mv 96 122.25 595 Apr/Jw 98 128.25 127.25 127.25 1500 ***** Jol/Sep 96 ***** 2145
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      2,325 words
    • Article, Illustration
      735 12 AFP Composite Indei +IUB SHARES rose 2.9 per cent yesterday on year-end windowdressing by companies and fund managers despite a weaker rupiah, dealers said. "There was a lot of win-dow-dressing," a dealer said. "Some companies are hoping to repair their figures so that the annual report financial statement looks
      AFP  -  735 words
    • Article, Illustration
      1578 12 AFP H Hang Seng +195.63 HONGKONG share prices rose 1.9 per cent in fairly volatile trade yesterday, buoyed by an overnight gain on Wall Street and stable interbank rates, analysts and dealers said. "The local stock market is performing quite well following Wall Street's gains last night on a
      AFP  -  1,578 words
    • Article, Illustration
      620 12 Reuters C 3 Shenzhen B Index -U< THE Shenzhen B share market ended at a new 1997 closing low yesterday, as selling focused on stocks with gloomy earnings prospects. The B Index lost 1.16 points to 92.79. Turnover was HK$2O.7 million. The previous 1997 closing low of 93.95 was
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  620 words
    • 410 12 AFP Qwp Index -65.72 SHARE prices dropped yesterday as investors fretted about the fallout of South Korea's financial crisis. "The won breaking the 2,000-mark have investors worried that the South Korea economic crisis would spread to Japan, Taiwan, Hongkong and China," said an analyst. The Weighted Price Index fell
      AFP  -  410 words
    • 268 12 Bloomberg n Wellington -73.42 SHARES fell yesterday, with Telecom Corp slumping on news US telephone company Ameritech Corp will sell its 24.95 per cent stake in the firm through a public share sale. The NZSE Top 40-share Index fell 73.42 points to 2,227.20. Trading was valued at NZ$7O.7 million.
      Bloomberg  -  268 words
    • Article, Illustration
      831 12 AFP Q SET Index -10.08 FOREIGN selling in the battered banking sector forced share prices 2.7 per cent down yesterday as the baht again approached historic lows. Analysts said investors were abandoning positions in Thai banks in expectation of more bad news over the quiet holiday period. The SET
      AFP  -  831 words
    • 334 12 AFP n Manila -3L52 STOCKS fell yesterday due to renewed uncertainty caused by the peso's fall and bearish sentiment across the region. "Everybody is worried about the steady decline of the peso. If you look at the region as a whole, there is still a lot of bearishness," said
      AFP  -  334 words
    • 415 12 AFX -Asia CI Composite Index -29.70 SHARE prices closed sharply lower yesterday as concerns over the falling won and higher money market rates exacerbated early losses which were compounded by the latest credit downgrades, dealers said. They said Moody's and Standard Poor's downgrades were particularly damaging given that they
      AFX -Asia  -  415 words
    • 603 12 AFP H All Ordinaries *65j SHARE prices rose 2.2 per cent yesterday, thanks to renewed vigour in the gold sector magnified by light pre-Christmas turnover. The All Ordinaries Index rose 55.5 points to 2,558.9. Turnover was 269.1 million shares worth A 5697.6 million. BHP climbed 34 cents to AJ14.08
      AFP  -  603 words
    • KUALA LUMPUR STOCK MARKET
      • 501 13 AFX-Asia QCompositelndez -13.48 SHARE prices closed lower across the board in thin trading yesterday after Malaysia's debt ratings were downgraded by a number of international agencies, analysts and dealers said. The KLSE Composite Index closed down 13.48 points at 556.35 on volume of 189.1
        AFX-Asia  -  501 words
      • 9061 13 INDUSTRIALS COHMMf pfWlKti 1997 LMt Vat Oay Net Cap High Law Company Sala OOP Lao P/l 790 220 Ajlnomoto 220 -10 6 231 220 12-2 89.2 448 99 Angkasa 99 15 56 114 99 2.3 146.0 905 210 ApoMoFoodHIg 270 40 1 270 270 7.9 ]O8 0 765 181 BerlayaLand
        9,061 words
    • WARRANTS & OPTIONS
      • 188 14  -  WARRANT WATCH By R Sivanithy WARRANTS are funny creatures. When everyone wants them, they provide holders with the best gains, but when they fall out of favour, they're shunned in a big way. Take, for instance, Hong Leong Finance's
        188 words
      • 3519 14 BONDS, LOAMS i VARIANTS m w*7 urn W I!*** *5 High Lh Stno Company If Hf COOOI HI* Law —yf Sa«or 68 *03 m 3000 m AMOB c5.5******6 10.5 -0.5 25 10.5 10.5 10 10.5 81 12.5 3160 *Acor ******1 US$ 12.5 -0.5 26 13 12.5 12.5 14 131 15
        3,519 words
    • 2194 14 Of Of 1997 Last Val Day LaatOwta 0»» D* VW Mat HClf m» L— Stno Campany hH COOP) H>» L— ggWT Mw Co W »W 478 40.5 nil 5000 AlSBSOc- 413cd < 265 46 403 41 42 30 13 23 *.9 423 137 163 mi 500t AM08 50C
      2,194 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1681 15 TURNOVER OOO) VALUE ('000) a tu<n ci— thi mm cm Ttti IrwfastrW 44,672 20.231 66.903 104,n5 9,116 113^30 Fin«nc» 11,743 11,615 23,356 97,449 6.209 '03,658 Hotels 2.345 998 3343 2.764 24* 3.012 Prop*fti«» 8,556 8.204 16,762 28.923 ll» 30.746 Plantation 1.534 1.534 *43 943 Muting 376 376 133 133 81W
        1,681 words
      • 5136 15 Gr Cr M *»t 1997 Lut Vol Day Last Ouot# Oty Dlv YW Net Cap A«9 High Law StNa Company Sal* COOO) High Law B«y*r Srttaf C'yr PH $">« Price INDUSTRIALS 157 25 e 1020 ACE Dynamics60c 26 -15 351 26.5 25 26 26.5 213 27 5146 ASC
        5,136 words
      • 1172 15 Ct Or M Wt 1997 LhI Val Day Lnt OmI« 0*v Mv YM Ndt Ca* A v« MtQh Low StNo C.m»any s.l. COOO) M*n Ln Buyac SM« Cvr P/g Smd Met 186 76 2000 *8H HMqiSc 129 6 84 137 123 129 130 3P 6.0 0.1 104.3 S7.4 136
        1,172 words
      • 223 16 Stocks Votam* •RH6 Cap Wt99 5.712,000 •MBf Capital 4.737,000 Asia FoodS Prop 4,058,000 SingTel 15c 4,023,000 HK Land USWc 3,487,000 OUB Foreign 3,185.000 •Rekapacific Bh 2,902.000 DairyF US5c 2,781,000 UOB Foreign 2,651,000 DBS Land 2,606,000 Steti I DBS Foreign 27,196,896 UOB Foreign 25,383,270 OUB Foreign 20,609,437 OCBC Foreign 15,350,722 SingTel
        223 words
      • Article, Illustration
        57 16  -  TS, by Shiv Taneja DAIRY FARM INT'L closed five US cents higher at U550,975 on a volume of 2.78 million shares yesterday, compared with its 10-day traded average of 775,600 units. In the medium term, the upside looks limited going by the daily and weekly MA CD charts,
        57 words
      • 666 16  -  STOCK MARKET COMMENTARY Observers blame the slowdown in electronics, lower growth forecasts and poor outlook for corporate profits next year for the weak sentiment By R Sivanithy [SINGAPORE] Lingering regional currency worries, renewed pressure on the Korean won and the absence of
        666 words
      • ON THE GRAPEVINE
        • 144 16 ITS turning out to be a sobering year-end for most, so what better way to cheer oneself up than with a nice big bunch of jewels? At a private sale held by French luxury jeweller Cartier recently, some Singaporeans reportedly went off with one of the most
          144 words
        • 137 16 CENTRAL banks are not supposed to make headlines, according to headline hogging central banker Joseph Yam. Therefore, the fast-talking chief of the Hongkong Monetary Authority (HKMA) who was recently named the central banker of the year by Euromoney on Monday, apologised on behalf of the HKMA for
          137 words
        • 123 16 THE word "networking" has become such an oft-abused word that it seems to apply even to the lives of elementary school kids. A soundbite caught off AM Singapore yesterday featured the principal of a local primary school commenting on the cultural exchange between the children of her
          123 words
        • 133 16 IN PROVIDING cover for Singaporeans, NTUC Income believes in getting them fresh from the mother's womb. Income yesterday launched its First Education Fund at K K Women's and Children's Hospital. Its target: the 15,000 babies born each year at the hospital This policy provides funds for
          133 words
        • 57 16 CHRISTMAS brings out the creative streak in some companies. Here's Jurong Town Corporation subsidiary Arcasia Land's version of the season's greetings: A time for Revelry and Cheer. A Season of Indulgences. Have A Great Holiday. It doesn't look as if the copywriter concerned is made for the big
          57 words



  • Page 11 Advertisements
    • 36 11 ♦The Tokyo stock market was closed yesterday. The secret of success is... Taking the right course, of course. Study the wide range of courses available in the Education/Training Section in the Classified Classifications 700 to 799.
      36 words

  • Page 12 Advertisements
    • 91 12 „CK Mr, .s^X' *22* *4' iM GENEVE /v*v/ J-\l I <£ j| "ij Official limrkrt'iMT Jlfas/e/' of Cimplications' 1]? lo //ft- L< \l<wi>_l Mom O) > Y 7<? (/land I ll\ V ♦''<?. '0 QIMr F P F SINCERF WATCH LIMITED: S!\(.AP()R[ t \v.« in I <»,; I l >
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  • Page 13 Advertisements
    • 77 13 II 17 XIAY'S r ORMULA Has The Solution To Your Hair Problems Hay's Formula is processed from #//iv'c Formula plant extracts an unique formula. It is suitable for hair Plants Extract Lotion problems like: Brittle, Dry Hair, Oily am Scalp, Split End Dandruff etc... at With, Hey s Formula FREE
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  • Page 14 Advertisements
    • 42 14 y urad rtise,^ nti readjust like TliStaSd) you still have the puppy... J described. care of him S be r,ght jT*) V~ Buyina or selling through Jm7 The Straits Times Classified is child's Play. M kf* J Call CAT.S. at 1800-737-1166.® I
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  • Page 16 Advertisements
    • 670 16 BUSINESS Notices f ZITT v 0 Hana Rank llncorporated with limited liability under the laws of the Republic of Koreal US$BO,OOO,OOO Dragon Floating Rate Notes due 1999 In accordance with the provisions of the Floating Rate Notes, notice is hereby given that for the period from 18/12/97 to 18/6/98 the
      670 words
    • 464 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF BOTEK INDUSTRIAL CORPN. (PTE) LTD. (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 101 -A Upper Cross Street. #11 -22 People's Park Centre. Singapore *****80n the
      464 words
    • 415 16 IN THE MATTER Of THE COMPANIES ACT. CAP. SO ANOM THE MATTER Of BEADTECH (S) PTE LTD (In Members' Voluntary Liquidation) AT AN EXTRAORDINARY GENERAL MEETING OF THE BEAOTECH (SJ PTE LTD DULY CONVENED AND HELD AT 82A TANJONG PAGAR ROAD SINGAPORE *****3 ON 23 OEC 1997. THE FOLLOWING RESOLUTIONS
      415 words
    • 328 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 KIA INTERTRADE OF ASIA PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the Company deemed to have been held pursuant to Section 179(6) of the Companies Act. Cap SO on the 19 day of December 1997, the following
      328 words
    • 341 16 r THE COMPANIES ACT CHAPTER 90 SECTION 290(2Kb) WBWCB Of RESOLUTION CAMRYO PTm LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Camryo Pte Ltd held at 30 Mac Dinh On. Ho Chi Mmh City. Vietnam on the 12th day of November 1997. the foltovMng special resolutions were
      341 words
    • 47 16 To advertise call toll-free 1800-741 1883 Cant Keep your house In order? If you are having problems with clogged pipes, over-grown gardens, pest infestations, poor TV reception, worn-out fittings and furnishings Get a quick fix. Seek help from the Classified. Home Needs Classifications 90 to 120. CATS.
      47 words

  • SHIPPING TIMES
    • 314 17 Bridge News Reuters TRADING was sluggish on the freight market with most charterers appearing to have covered their requirements. With the festive season upon us Biffex did not find any inclination to join the party, Clarkson Securities Ltd said in its daily Biffex report. Even the Baltic Fright
      Bridge News; Reuters  -  314 words
    • 264 17 SIS i^smhki Nc2) tt V- 1M CWrTOMrikutton—OTIS -0005 ***** CftuanHup 035 -032 ***** C«cokwM*TMHt_a.77 *032 ***** rNWIWB 031 ***** CS HeMkiqi O-JW *0305 ***** MM Sun Hup 0.72 -0305 ***** HNacMZaaaa OA *002 ***** tKHMtofl HK 5.6 034 -035 ***** JurenaSI#yard 8AO *O.I0 ***** MnMCart 5.05 *005 *****
      264 words
    • 426 17  -  S'pore-based company to get newbuildings at turn ofcentury By\ Marcus Hand [SINGAPORE] Singaporebased Masterbulk is expanding its fleet of open-hatch bulk carriers with orders for four newbuildings to be delivered at the turn of the century. The contract for the four 39,500 dwt open
      426 words
    • 207 17 Bloomberg [HONGKONG] Hutchison Whampoa Ltd, Hongkong's biggest diversified company, paid US$3OO million (Ss49B million) to increase its stake in its Hongkong containerport unit. Hutchison bought the 5 per cent stake from HSBC Holdings pic, parent of Hongkong Bank, raising
      Bloomberg  -  207 words
    • 826 17  -  STRAIT TALK By Seafarer IT IS CUSTOMARY at this time of the year to look back over the past 12 months. Today this column has to be written in the knowledge that the entire transport community in Singapore will be sharing
      826 words
    • 360 17  -  By\ Felix Chan [SINGAPORE) Continuing its drive into the international arena, local yard Greenbay Marine said yesterday it has bagged two newbuilding contracts worth $13 million. The first is a $10 million contract to build two self propelled shallow draft fuel oil supply barges and
      360 words
    • 381 17 Reuters [CHITTAGONG] Dock workers at Chittagong continued their go-slow tactics on Monday, amid government-backed talks to resolve the dispute and stave off a threatened new surcharge for berthing delays. Dhirendra Nath Sambhu, Minister of State for Ports and Shipping,
      Reuters  -  381 words
    • 221 17 Reuters [DOHA] United Arab Shipping Company (UASC) is considering raising a loan of around US$35O million (*****.5 million) to help finance an expansion scheme, a top company official was quoted as saying. "We will finance 50 per cent of the cost of
      Reuters  -  221 words
    • PORT Shots
      • 82 17 Reuters [PHILADELPHIA] Norwegian shipbuilder Kvaernar A/S signed documents with state and city officials to mark the start of a multi-year lease at the Philadelphia Naval Shipyard. Officials safd the US$7OO million (SSIJJ Mfiion) deal would mean at least I,ooodirect jobs, in addition to other jobs
        Reuters  -  82 words
      • 93 17 [HONGKONG] Existing cross-border links are to beexpanded, and new bridges built, to link Hongkong with Shenzhen, Zhuhai and Macau. The exiting border croesings at Lok Ma Chau, Shau Tau Kok and Man Kam To will be expanded to cope with traffic, which is increasing annually
        93 words
      • 79 17 [HONGKONG) Land premium negotiations for Hongkong's new Container Terminal 0 (CT9) have stalled again and will not be reeohred this year. Port Development Board Secretary, Richard Yuen, now says that negotiations will be concluded by the first quarter 0f1996, according to a South China Morning Post report
        79 words
      • 100 17 [BOMBAY] Anglo-Eastern Ship Management's Training Centre in Bombay has been awarded a Det Norske Veritas (DNV) Management Systran Certificate, which will enable compliance with new STCW requirements. "In our continuing commitment to "safety first" we have taten the occasion ofDNVs certification of our Bombay traioing centre
        100 words
      • 76 17 [HONGKONG] Coeco Pacific is seeking major stakes in three mainland Chinese ports with an investment of US$256 million (*****.9 million). Letters of intent tat been signed with authorities in Dalian, Qlnhuangdaoand Qingdao and contracts were expected to be signed by mid 1998. Cosco is expected
        76 words
    • 1174 18 BAROI2 TRANSPORTATION Dutch firm CTN has made inroads in convincing companies that moving containers by barge is a viable alternative AS more shipping lines saw the advantages of moving containers by barge, Container Terminal Nijmegen (CTN) saw its container turnover increase by a factor of
      1,174 words
    • 367 18 PAGE Fl-Bright 15 ami 3 Famous 7 Accord 8 Farwide M A hr w*tel M Foon< Sun 8 Appenshtp 5 Ff0ti 15 Astro 3 Frt links 16 Austral 9 G 4 Avant 16 Gmartrans 8 B tang Mas 8 Gwsh M 9 j
      367 words
    • 19281 26 EXPORT ETA IT* Advarttoar VMMt Voyaga THaphona ETA ETA Advartbar VnM Voyage Tetaphone SIM Paafn Not* Won* NumOar Numbar SI Owft Mm— Mm— N—ar Number flHHHHHHHHHMHMMMnMMMMMMMMMMHnMMMMNMHMMMMMMMW MNOMNMMMRMMMMMMNNMNMMMMMMNMMMNMMMMNMMMMNMMMNMMMNWM A To BRISBANE (BNE) 2058 Queensland. Australia T» ABIDJAN (ABJ) 2003 a/H 04/01 ooci kota hasil jit *5-*****0 Ivory Coast, Cote
      19,281 words
    • SHIPS IN PORT
      • 669 33 Vms4 Voy No Berth Arrival Departure Artto U*t ¥9705 J 1 anapWi 2213/0900 8t Dun *****7 JOI atonpMr 22.13/1330 M CoMm *****7 J01 HongM 22.13/WOO M Mi CM ST *****7 J01 atones** 22 13/1900 M Mam *****7 JOI aton*Jd< 24.12/0700 M to *****7 JOI tkmgudt 22.13/1700 Clt**r Ma
        669 words
      • 1742 33 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO nootiwa/Biiufi litis Strip Voy Mo Etk/Btr Portod Frow To Tnm to«*l OKI it/2199 14 23/1500 23/1*5* 21/1*00 23/MO 21/1*99 23/1900 U 23/1700 24/0*99 2 VDWO a 23/17*0 2VMM 24/9900 1 2VD700 24/H99 24/MOO 4 2 WOO 2VMS* 2V1700 MM M
        1,742 words
      • 187 33 Dae 24 Austria, Bulgaria, Czech Republic, Denmark, Finland, Germany, Luxembourg, Portugal, Slovakia Sweden: New Year's Day. Switzerland: Christinas Eve. Dee 2S Albania, Andorra, Angola, Argentina, Austria Australia: Christmas Day. Belarus, Bolivia, Brazil Bulgaria Belgium: Christinas Day. Brunei: Christmas Day. Cameroon, Chile. Colombia, Congo, Costa Rica, Cyprus, Czech Republic
        187 words
      • 834 33 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges In US dollars instead of single prices for a more comprehensive description at the market. Prices shown are based on average-si«d stem. Market movements are indicated The Cockett Bunker Price Index change and the Individual
        834 words
      • 408 33 Cartw 180 Ma 909.8 12 15.4 0.10 SO 0.02 Ok It Dwltv Water IhMm Atk Umt+m iitom HoMpmE25 0 110 0 0 %H/H 300 AM 904.6 0J 12.1 0.06 34 0j02 lam 300 Mu 991.6 0.6 17.4 0.13 63 0.06 %w/M mi rnmt HP Mom 635
        408 words
    • AIR & LAND TRANSPORT NEWS
      • 441 34  -  ASIA'S FINANCIAL CRISIS Hongkong carrier expects slight upturn during the coming holiday season By Felix Chan [SINGAPORE] Cathay Pacific said its November passenger revenue was down 19 per cent year-on-year and down 23 per cent on budget, amid a slump in regional traffic caused
        FILE PHOTO  -  441 words
      • 243 34 AFP [SYDNEY] Australian flag carrier Qantas Airways Ltd said on Monday its domestic and international passenger numbers grew in October despite predictions they would dip as the region's economies softened. Qantas domestic passenger numbers for the month increased by 5.1 per cent compared to
        AFP  -  243 words
      • 298 34  -  Car will be relaunched in February next year By Christopher Tan [SINGAPORE] MercedesBenz's modified A-class compact has passed the moose test the infamous sudden lanechange manoeuvre that dented the car maker's image and cost it thousands of cancelled orders. In response to a query
        298 words
      • 161 34 Bloomberg [LONDON! AMR Corp's American Airlines said it will begin two new routes between the US and Britain early next year, becoming the latest US carrier to add new services in a booming transatlantic air market. American will begin a daily non-stop
        Bloomberg  -  161 words
      • 295 34 AFP [DHAKA] A Biman Bangladesh Airlines plane carrying 89 passengers and crew crashlanded in north-eastern Bangladesh but everyone onboard survived in what one official described as a "miracle". Civil Aviation Minister Alamgir Khan Mohiuddin said no one was killed but 18 people were
        AFP  -  295 words
      • 410 34 AFP [BANGKOK] Thai Airways International and Thailand's aviation authorities have welcomed more "friendly" talks with Australian negotiators over an aviation pact which the Thais say is unfair, reports said on Monday. Negotiators failed to agree on mutual aviation rights amendments in talks
        AFP  -  410 words
      • 423 34 Tourism industry will be the world's biggest: study NYT [ISTANBUL, Turkey] The worldwide tourism industry will expand so fast between now and 2020 that "it will not only be the world's biggest industry, it will be the largest by far the
        NYT  -  423 words
      • 1650 34 CITY FU6HT ETA FLIGHT CTO S025 0655 0126 2355 Alu Maht 0*156 1725 0K157 2025 0,7,4 1645 2355 0F6 1840 LM7«7 2359 Uiiiiii S0230 1920 mm r*mtm mm» us sowo trns AnstrrdMi SO327 0820 SO328 2330 U.837 1540 KL838 2335 I WBW8 WOO Auckland ****** 2045
        1,650 words
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  • Page 18 Advertisements
    • 82 18 I 111 11 ■liilllWll f WKfflf C^STMMf eVtSIOTttSKS /47PD &HSI7tSSS /tsscewtss SEASON'S GREETINGS BEST WISHES FOR A HAPPY NEW YEAR SENLIM AGENCIES PTE. LTD. 133, New Bridge Road, *06-09, Oinatown Point S'pore *****3. Tat *****00 MImH Fax: *****04 Telex: RS ***** SENUM HWBO.Y KGUUI SBVKZ TO lAST/WEST M'SIA CnliiiiMi mi
      82 words
    • 57 18 Wmmmß CAPTRANS SHIPPING LTD BIWEEKLY SINGAPORE CALCUTTA HALOIA SINGAPORE VISMi XVOY IOUTVOY CALCUTTA SINOAPOtE CAICUftt STEAMERS FAfTH 002EB 003WB 22/12/97 31/12/97 05/01/98 STEAMERS FORTUNE 104EB 105WB 26/12/97 10/01/98 AOINTS: Sm Drogon Shipping Ayntwi (A DWiion a# Jordme MaHwten (Singapore) Ud) 1 Maritime Square #10-44, Worid Trod* Centre (Lobby D) Singapore
      57 words
    • 622 18 #Memberso.*e I;■&!■?) tiy Members of the Registry of r*i jLi Singapore Freight Forwarders Accredrted Shipping Agents. Association v'i»y Singapore Shipping Association Shipping Times Just talk to us... IrisLim 740-2044 'Jarred Leong 740-2089 3 Jopor 2 Hongkong 1 Mon.lo 1 KoosWg Kmlurq iA«.phng KL to BIOC/NAHA/SBCMI/CEBUACH —wr —m —m m IBilMrivr-Tap.w
      622 words

  • Page 19 Advertisements
    • 1027 19 |^M|^M^M^23S£E^oE^3sOn^PßiNiiSp^B TO EUROPE FROM EUROPE rasa vot sm tr* ham mv sou inivissa vor m ham mv sou in kg sSTI LA LOW 1517 24/11 11/01 13/01 H/01 17/01 THAME 649/ 04/17 07/12 04/12 24/11 IS/12 OOaOUUNY SSI7 17/11 17/01 15/01 11/01 13/01 TM 2507 00/12 00/12 12/1111/11 10/11 nUOVDOOMU
      1,027 words
    • 2106 19 I HANJIN SHIPPING mva/vov |mm| an Ha m do [wi oi «sr m oos on am TSi rivS Tim ra Ptk m ruE m u otfBQT ua m/u a/u u/oi 17/w u/w u/oi u/oi u/oi m/oi «i/oi 11/w n/>i 11/01 a/oi ~m/w~ u/oi m/w~ n/oi "n/oi a/>i hhowoomi w/w m/w
      2,106 words
    • 98 19 ORIENT EXPRESS UNES (U.K.) LIMITED OILL (MANAGER FOR SHREYAS SHIPPING UMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VtSSfl VOT SMCAfOEI tOMMY VKStI VOY lOWIAY SWCAfOUt NORDKAP 421 29/12 07/01 NORDKAP 420 19/12 29/12 SINARTQ6A 221 02/01 11/01 SINAR TQ6A 220 21/12 02/01 OOCL ADMIRAL Oil 05/01 14/01 OOCI ADMIRAL 010 24/12 05/01
      98 words

  • Page 20 Advertisements
    • 1675 20 Xft DSR-SENA TOR ln8» Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT VtSgt |vOY~TSr* HTM I AWT |MV KAM~ FU UW~~[ VESStI VOT IH» FUI WV Mil Ml inmnn wrwrt al2 ij «i 14 01 un it.ti noi iiei st petirswho semtob K7M an 2411 2111 vll an al2
      1,675 words
    • 1214 20 MY LmIRIEI yml Web Site http: //www.yml.com.tw jftm I&;1 ffc *a [/!jju2iliiUt£lJliidilMiiiJ^i!liill^l!^iiiiiiiiiMillUliliiiiiliyyinHl vmaWEßaYfVßrr ™uwoay/M«AY VESSEL VOY SIN CMS BTK HAM FXT LEH ANR MING SOUTH J7SIW 25/12 14/01 16/01 17/01 19/01 MINGMOON A7SIW 26/12 30/12 17/01 15/01 14/01 19/01 DOVER BRIDGE A752W 02/01 06/01 24/01 22/01 21/01 26/01 MING NORTH
      1,214 words
    • 632 20 LINE VJL mi IiUMI FAXi *****37 MUARA "1 LABUAN "1 vtssa vot itd in vnsa vor no ita SPOtl MUAIA SPOtf UN iraosrai wot/v su> 75/12 lpmspb v*e/»7 sic a/12 APtaaoor via/97 a/12 30/12 imootr *321/97 21/1211/12 JPROSPB V3IC/97 01/01 04/01 JPtOSPIR V3IC/07 01/01 05/01 APMGLOtT VOII/90 04/01 09/01 tfUGLOtT
      632 words

  • Page 21 Advertisements
    • 1129 21 I VESSEL VOY |MN 1 BKK POU PKO PEN BLW SUN lOA OIK ■UN MOOM PJL-1202 02/12 11/12 13/12 RAM VAHOAT PJL-1269 20/12 04/01 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIRGISTAN. TADZHIKISTAN A GEORGIA VIA B. ABBAS, BIK AGENT 1
      1,129 words
    • 1589 21 ISMGATOKE'S GENERAL AGENTS: 6 SHEMTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/U^^^^2osSo^™™!oHosnSFlS? 8,,,, ,liM ,Blil ,1 ~l,i ~,BM" COSTAR SNIPPING PTE LTD #17-OINSHOG SAUS/MGS *****41/43 MWAID DIPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BND Q NO; **********0 M TOWEi TWO (*****9) COWVIimOWAI *****50/SS T/SHPWPEfT *****25 TIL 02-07-35 *****
      1,589 words
    • 523 21 I v .fi EASTERN CAR UNER, LTD."Tf3XT* fc) Ea (SINGAPORE) PTE LIP SI7JSHL sfKMun w moi EQKSMWOtQffiITV LOADING FOR YANGON POST KLANG/KUCHMG/MUARA/ MV "COSMIC CHALLENGER" V.S6 KOIA IONABAUU ETA SIN 23/12/97 MV 'OCEAN BLUE" V.50 ETA YGN 28/12/97 ETA SW 27/12/97 EIA PKL 28/12/97 EIA KUC 30/12/97 ETA MLIARA 02/01/98
      523 words

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    • 1259 22 p*l 4 T i I SBP ROM ANW HBG THP ZEE LHV IHV TUP ROM ANW HBG PKL S6P E. RESULT RW-4M7 27/12 11*1 21/11 17/01 11*1 20/01 21*1 E. GLOWING RE-042 21/11 27/11 21/11 11/12 28/12 E. ROYAL RW-03S 13*1 23*1 21/11 24/11 2MI 27*1 21*1 E. GAINING RE-HI
      1,259 words
    • 877 22 SSIKMI WWA I i\-/\ J WW.IMHTWI- 80U: (064) *****9 MAMUf fU) *****81 v V PENANQ: (04)*****36 BAMQKOK: (662) *****67 SURABAYA: (31) *****0 P. WB-ANQifM) *****77 JKE (21) *****07 MPlfc (61) *****3 PUSAN USA/JAPAN MV "EUROPEAN EXPRESS" V.I6N MV "SEVEN SEAS CHARIOT" V.632E ETA SIN: 26-12-97 ETA SIN: 28-12-97 ROTTERDAM/HAMBURG AUCKLAND
      877 words
    • 447 22 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vtssa I VOT si I mj out I CTT I i/iw mmrmg om n/i? ii/di h/ii immiyaus O?4S 04/D1 12/D1 H/Dl 21/tl 2XDI GOtDBI MAGOW 00K 12/D1 22/01 MP) 31/01 ijjgimm oits it/01 03/w 07/ M jjjgM QUffll OTSS ?S/PI 02/0?
      447 words

  • Page 23 Advertisements
    • 570 23 i BSA 4 JULWI IJII |J Mt M MYANMA FIVE STAR UNE (Myaaaar National Um) Loading for Yoagoa (Raagooa) Vissa VOT SIN PIG KM PGU PATHBN 144W SU HN-AN 239W M PT MAUTSIA AGENTS: KXrtTIAC SHIPPING AGtNOES MIL Ttl 02-03-*****00 PKL TU 02-03-3744)01 PQfc HI 02-04-2*1140? PGO: TH 02-07-*****21/4 BANK
      570 words
    • 1300 23 HYUNDAI MERCHANT MARINE CO. UP. Ivcsa VOT I SIN I UH I ITM lAW I HAM I Ml I ftl IVISSII VOT UN IMI I HAM PEL lAWI W I SIN HTGBKRAI JO9W 20/12 15/01 14/01 10/01 10/01 10/01 21/01 NT ((NBMOOOtf 3001 M/ 12 07/12 07/12 M/ 12 00/12
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    • 609 23 I FAMOUS CONTAINER UNES I Mm** 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 s/T" HOT UNE: *****33 (30 UNES) WB Kg MWEM:- lanfrtmil HM«.MWE»:-^>ini—*lllll Call Us *****33 For Bookings Attractive Rates! Surabaya, Ho Chi HaiS^^VDETNAM Keelung &Tfbrb Port Kelang Penang, W. MALAYSIA P KLANG PH: 0203/*****33 (20 UNES) PENANG PH: 0204/*****7
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  • Page 24 Advertisements
    • 896 24 IANOKOK/lAlli CHABAMO JA K AWT A/PA N JANG VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN XETHA BHUM 222N In Pt 28/12 MATHU BHUM 364S 26/12 27/12 BANI BHUM" 77N In Pt 27/12 28/12 MATHU BHUM ***** 28/12 27/12 SINO OCEAN OCNQ39 In Pt 27/12 DANU BHUM' 018S
      896 words
    • 673 24 PUL INTERNATIONAL LINE puTmternatk>nal My MM Mad hrf" IM t l-te fad to, My bMa to pM *mm caMart m MM Un MIAMI (IJTC 1) 5 SI6S/WK yy YOT I >IH 1 jiT 755 lEaP™ 1 a I iifii 1r I sal 1 IrHH MiAAU l/AitM* g tif I M/H
      673 words
    • 721 24 ACCORD A SHIPPING PTE LTD TIL ***** IS (40 Unei) PAX *****30 POffTKLAMG 1031M7 1001 M M WWfCT ACCESS Tft: *****55 (EXPOOT 0OO4UNO) MSM GUDAHC <07)UII 177 *****34 (EXPOOT DOC), *****39 (IMPOOT) KMAMG 104) U1144$ OOt:HTTP://WWW.ACCOOO.COM.SO WUUTU (71) 040 0770 VAA^ fmy® mjmM to all our clients, bu&mes& and friend*
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  • Page 25 Advertisements
    • 523 25 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE "m VOY DAM/R DAM H BURG BREMEN ANTWERP A VESSEL 42W8 517 9it OMIT 13/? TO AUSTRALIA T~ I FULL CONTAINER SERVICE m BNE SYD MIL HSA MX. FWE AUST ENTERPRISE V.IOI I*l2 2*12 31/12 02*1 06,01 11«1 NO. CRYSTAL VS3S 2V12
      523 words
    • 878 25 f aaaapff pacific international unes (pte) ltd I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I NO: **********06 "iiiirs A w, k lOTA HADUH H1A023 IZJ iZJ 14ZJ UZI UZI 25ZJ lln ILL. 00(1 ACCORD 145 IB LLZJ Z2ZJ 24/1 ttZI UZI 1/2 1/2 ROM tMMNN HSOT7 19/1
      878 words
    • 786 25 |gg^§SS^H| VESSELS VOY SIN JED MLA LEH HAM THP RTM ZEE VM-LE 06 VIRGO S23W 30/12 07/01 12/01 2CVOI 21/01 22/01 23/01 WJ-EOE NORMA N23W 06/01 14/01 IftW 26/01 27/01 26/01 28/01 28)01 VtLLE DE GEMINA H23W 15AM 2VOI 28/01 02/02 04/02 06/02 06/02 07/08 VJ-ED-ORION Y23W 2tVOl 28/01 02AB
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  • Page 27 Advertisements
    • 36 27 To retrieve more schedules, just follow these simple steps... 740-6000 your -3mdkey in the four number digit code Key in your Exsmpto: r-l—l fax number |To NEW YORK (NYC) 2275 United States •for calls within Singapore
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  • Page 30 Advertisements
    • 989 30 SAMUPERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 mmmmm TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR HO. ID47S6BMSOO BOOKINGS CALL DIRECT LIME: *****41/43 JE^ICA/CELIA/ME^HAN IQTIGIZHBQBSi 7 SLGS/WEEK 3 slgs/WEEK I VESSEL [VOY Ism |JAK I VESSEL |VOY \SM |BUR SMARNUSA 9M IN PT
      989 words
    • 341 30 Pv, NEWARK SHIPPING I J AGENCIES PTE LTD I 48-A Campbell Lane, Singapore *****1 S CHfTTAGONG BOMBAY 1 CALCUTTA If NHAVA SHEVA COLOMBO A MADRAS P DUBAI/JEBEL ALI 0 TimCORIN n HT COCHIN E KARACHI MALDIVES CALL: (65) 294 0949 FAX (65) 294 9395 Agmmftr CONTINENTAL LINES tNTL BREAKBULK CONTAINERS
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    • 513 30 SIN FAR EAST 28/12 KEELUNG/KAOHSIUNG 28/12 BANGKOK 29/12 MANILA/CEBU 29/12 JAKARTA/BELAWAN/SURABAYA 29/12 PORT KELANG/PENANG/E MALAYSIA 30/12 BUSAN 28/12 TOKYO/YOKO/KOBE/NGO/OSA 28/12 HONG KONG SIN CHINA 28/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU OALIAN/SHANGHAI/XINGANG TIANJIN/OINGDAO/HAIKOU SIN EURQPE/UK 28/12 LDN/FLX/LVP/SOU ROM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 30/12 LOS ANGELES/NEW YORK all IPI points
      513 words
    • 510 30 Singapore Soviet Shipping fl&Co. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL TRADE FAST TFS2O6 27/12 04/01 18/01 18/01 ORIENT CORD 107N 02/01 10/01 22/01 24/01 HAI XJONG HXGO6I 11/01 1 W*ol 31/01 01/02 TRADE FAST TFS2O7 19/01 27/01 08/02 09/02 REGULAR MONTHLY RO-RO BREAKBULK SERVICE
      510 words

  • Page 31 Advertisements
    • 1170 31 i ASIA MEDfTERRANSAN EXPRESS (AME) WESTBOUND SERVICE i I VESSEL I VOY I SIN I CMB PW GtN BCN L£H I ANR I FEL MSC RQSSEIIA 9750-3 27 DEC 01 JAN 10 JAN 13 JAN )g JAN 18 JAN 20 J AN 2JJAN MSC ALEXA 9751-3 05 JAN 09 JAN
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    • 1671 31 I rasa wur pjoanf vm I ham I sou Ii»I m 1 m |vtssa pjoang-I swttl m pusah! bw hkt kooi woo 1 shnnzul tto ~j LAIOMf 1517 J4.11 15.11 24.12 11*1 14.01 17j01 11J1 MNI 24*7 22.12 2111 OMfT OMIT OMIT 2112 OaGBUMNT 3517 24.12 2112 24.12 12.01 1101
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  • Page 32 Advertisements
    • 462 32 I VESSEL VOY SIN MAA SIN TIGER ISLAND 589N 19-22/12 2S-29H2 03-04*11 TIGER BRIDGE 590N 24-24/12 29-0 M) 1 o*o7/01 TIGER BAY 591N 25-27/12 31-04/01 09-1001 TIGER WAVE 592N 30-31/12 05-0801 13-14/01 TIGER ISLAND 593N 03-04/01 06-12/01 17-18/01 TIGER BRIDGE 594N 06-07/01 12-15/01 20-21/01 [VESSEL VOY SIN CAL SIN TIGER
      462 words
    • 478 32 I freight links express Y 62 T°h Guan Road, Singapora *****1 Tel *****66 (60 Unas) Fax: *****33 E-mail flesin@singnet.com.sg LCL FCL SERVICES FROM SINGAPORE TO SOUTH AMERICA BUINOS AIMS (BUE)/SANTOS (SSZJ/VALPARAISO (VAP) ETP SIN Etd BUE Efd SSZ Etd VAP CSAV Santos VOO4N 31/12 15/02 Intelligence Container VICBOIS 05/01 03/02
      478 words
    • 1130 32 n |OOCI (S*nooporo) Pto Lid CFS Keooel aw #11-04 (S) ****** Mk SIS 001-120 t mmky VS), V CINO **********0H kfc 272 7027 cat 3269 18C T«l *****13 Foi 221 394? F«» 27? 7025 TO USA S» SfO |QU| CM MEM KTC OVTBOttND I'w 1 IMB ADi I* Aft CHINA
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  • Page 33 Miscellaneous
    • 134 33 I 110E s LEGEND: R Thunderstorm Temperoture c y Shower Weother _X Wind direction with speed m knots e Rom V Cloudy Sky Wov< b 9 hf Swfoce winds ore mdkoted by orrows wkh fly with the wmd One fu» circle represents calm or light ond vonoble wmds 1— One
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  • Page 34 Advertisements
    • 70 34 11) VI.V. "OCEANIA QUEEN" VOY. 23 ARRD 18 DECEMBER 1997 |2)M.V. PACIFIC EAGLE" VOY. 15 ARRD 19 DECKMBFR 19V Consignees of all damaged cargoes ex the captioned vessels are hereby notified ;hat a general survey will he held oti the 26 December 1997 0900 1200 hours at P9 (NTY's Office).
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