The Business Times, 1 January 1998

Total Pages: 28
1 28 The Business Times
  • 13 1 The Business Times MTA(P) ll<y 12^97 Internet- http://www.asial.com.sg/biztimes SINGAPORE THURSDAY, JANUARY 1,1998 85f
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  • 471 1  -  crisis wfll make 1996 ft more difficult year, PM Goh warns By< Audrey Tan [SINGAPORE] The Singapore economy grew a better-than-expected 7.6 per cent last year, but 1998 will be "a more difficult year", Prime Minister Goh Chok Tong said in his
    471 words
  • 692 1  -  SecMd hilf ydf fanuil of losses doe to rvitdm Byl R Sivanithy [SINGAPORE] Despite the boost from 35 new listings during the year, the local stock market saw $39.1 billion wiped off its total value due to the regional financial crisis.
    692 words
  • 333 1 Bloomberg [WASHINGTON] US consumer confidence surged unexpectedly in December to the highest level in three decades, a sign that Americans are ignoring Asia's economic problems and reaping the benefits of low unemployment The Conference Board's index of consumer confidence increased to 134.5 in
    Bloomberg  -  333 words
  • 53 1 [SINGAPORE] How many bailoonedoyou need for a gala bai&A*ea*mmd fits hundred was Raffles Howl's answer as it prepared for its Neu Years eoegaia bail yesterday. ThebaOoons, suspended on netting above the lobby, would come cascading dawn as the grandfiither dock in the lobby chimed the midnight how.
    SAW YAW HOONG  -  53 words
  • Page 1 Advertisements
    • 44 1 iMtfkMwlHiki r nodMdaftrtte ;'■< rriaeammmicittoo Authority «fH WfcHj* 1 mUU >- i fc V i POMK DMK vH^nn IPC Corp wiQ swap its entire f4lm stake in IPC P^oraß^ Difaw> nde. Nor wm it 11 REGION/WORLD 2 MKTS IN TURMOIL 8 TV 4 COMPANIES 5 hr
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    • 16 1 Corporate raaktaf by market cap, Pg 6 FadUkatj to hold rates steady in first half, Pg2
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    • 310 1 &V: h r ■> +r <■': '"f' ■H™ A Glance it the Future FMtftM/ProAM 1200 32-Mt JsSMract EIO mmmim Snstanl-on Ftmr AMraPradN looir CtftridQl a tnataMa i anrf vvvu-oino w»»iiwr ana printif man«9*m*nt lOHwifM 7 The future of printing. Once again, the leader in printer innovation introduces breakthrough office technology:
      310 words

  • REGION/WORLD
    • 719 2 WASHINGTON utfleeatr&lbank determines impact of Asia crisis on US Reuters THE US Federal Reserve is expected to sit tight at least for the first half of 1998 as it weighs the opposing forces of lower inflation caused
      Reuters  -  719 words
    • 443 2 TOKYO PM confidant stops taken will lead to strong recovery AFP PRIME MINISTER Ryutaro Hashimoto made a New Year's promise to put Japan's financial system back on track, dismissing widespread concern that economic woes may deepen in the coming months. "I will put
      AFP  -  443 words
    • 338 2 SHANGHAI fMprwjnlM to place to intact nitill inTMttri AFP CHINA'S securities commission has moved to protect small investors from unprofessional investment consultants, news reports said yesterday. The temporary regulations would weed but unqualified sszssnss--fed been set up irregularly, China Securities and Shanghai Securities
      AFP  -  338 words
    • 273 2 JAKARTA AFP INDONESIA announced yesterday that it will merge four of the seven state banks and open all of them to foreign ownership as it moves ahead with key banking reforms. "As part of the series of economic reform policies, especially to bring health
      AFP  -  273 words
    • 56 2 [RIO DE JANEIRO] Every year, on the last business day of the year. Rio's citizens dump tonnes ofpaper and confetti on the downtown area of the city. Walking through the shower raining from skyscrapers in the financial district, as this couple did on Tuesday, has become
      REUTERS  -  56 words
    • 127 2 TOKYO AFP JAPANESE prosecutors will step up investigation early this yearinto a possible bribery case involving finance ministry officials and financial firms, reports said yesterday. Dai-Ichi Kangyo Bank Ltd (DKB) executives tokl Investigators the bank invited several finance ministry inspectors to restaurants in Tokyo and golf
      AFP  -  127 words
    • 695 2  -  OmXAVATCB '97 wQI be remembered for the emergence of a unified marketplace across By Lu Ning THE past year has turned out, much as expected, to be an eventful one for China. Consider these: the death of China's last strongman Deng' Xiaoping, Hongkong's reversion to
      695 words
    • 318 2 MOSCOW AFP IN A last-minute rush to meet a Jan 1 presidential the Russian government cleared a huge wage debt to public sector workers, Prime Minister Viktor Chernomyrdin said on Tuesday. "For the first time we are finishing the year without wage
      AFP  -  318 words
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  • MARKETS IN TURMOIL
    • 508 3 NEW YORK proposes accord that coald include USs2ob in debt swaps, loans Bloomberg Reuters SOUTH KOREA'S international lenders are working to complete a financing agreement within two weeks that could include US$2O billion (Ss33 billion) in debt swaps and new loans, people
      Bloomberg; Reuters; REUTERS  -  508 words
    • 212 3 FRANKFURT Reuters BUNDESBANK president Hans Tietmeyer was quoted yesterday as calling for a fundamental review of International Monetary Fund policy after the IMF's provision of aid for some Asian economies. Mr Tietmeyer told BoersenZeitung newspaper that all in all, the help given to
      Reuters  -  212 words
    • 351 3 NEW YORK Global financial system needs to be reformed as deflation looms, he says FT A NEW international institution is required to guarantee international loans, said George Soros, the billionaire financier and philanthropist. Writing in yesterday's issue of Financial Times, Mr Soros argues
      FT  -  351 words
    • 415 3 JAKARTA Local debt rating also falls but stays at in vestment grade Bloomberg STANDARD Poor's has downgraded Indonesia's sovereign foreign currency debt to junk bond status, reflecting the country's deteriorating economic situation. The US-based credit rating company yesterday lowered the country's long-term
      Bloomberg  -  415 words
    • 134 3 BANGKOK AFP THAILAND needs an additional US$B billion (5513.4 billion) in loans to augment it* existing US$l7.2 billion International Monetary Fund bailout package and boost foreign reserves, a newspaper reported yesterday. Thailand Development Research Institute (TDRI) president Chalongphob Sussangkarn said the central bank
      AFP  -  134 words
  • Page 3 Advertisements
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      162 words

  • Page 4 Advertisements
    • 179 4 Where to wine, dine and entertain..."^HH litlp ://www.ana-kotels. com Not just seafood either. Visit our home page and you can order tonight's dinner from our cyber selection. Browse through the menu, leave us your order and it'll he ready to pick up before you can say 'information superhighway'. We call
      179 words
    • 234 4 iMark£tsquare RESTAURANT WINE CELLAR J Theme Restaurant Fooocourt European countryside I ambience I Your table is reserved while I Ud ail J you explore our wide variety I A I of Asian A Western favourites I t •No messy, uncleared tables J I I i new Tear Pay only when
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    • 292 4 Buy It. Sell It. Find It. Classified. CATS. Call Today For Results Tomorrow. 1800-*****66 Savour tantalising set-dishes from BBQ Ribs, Mushroom lasagna, seafood platter, Italian Genoa-baguette to Nyonya Lak&a, seafood hor-fun, chicken prawn daypot and fried vegetarian platter and complimented with soup, salad and more at the Cafe Victoria from
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    • 146 4 24-hour Coffee House Ist floor The Chicken Rice Capital Of The World ,«—faiW BE .tyym 333 Orchard Road. Singapore *****7. Tel: 737 4411 Enjoy Your First Brunch Of The Year In Our Garden Thursday 1 January 12 noon to 2:3opm Adult $28.00* Child (below 12) $19.50* For reservations, please call
      146 words
  • Page 4 Miscellaneous
    • 796 4 TV&RAPIO ft Win 12 The Frog Prince PvftM IS JTtUr-y»n7iTr»r>^ baa am Vou, Vooi-v r\ c 1000 Children Cartoon Special 0.00 AM TV Innovations. ?S vJ nI y Spe IV: Arabian Mights. 10.00 Mutant League I 11. u.30 Holiday Special: VHI 97 \OJM Klab Klip. 900 o U-00 Malay Ayer
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    • 141 4 CRYPTIC CROSSWORD 1 A doctor employed outside 28 Quite determined the chap will have talent (4-4) DOWN 14 hold a girl up in Greece YESTERDAY'S SOLUTION (8) gressively (9) J .l o 3 Refused food whilst designing H" serving drinks fcl i adverts (7) Hnicl l 4 The Spanish piano
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  • Companies & Markets
    • 341 5  -  Exchange to be made with trader and property developer Tat Tan (HE) By Annette Pan [SINGAPORE] Mainboardlisted IPC Corp yesterday said it will exchange its entire $41 million shareholding in investment holding company IPC Capital Pte Ltd for properties
      341 words
    • 187 5 [SINGAPORE] Acma Ltd yesterday announced that Hayes Microcomputer Products, a company within the Acma group, has completed its merger with Nasdaq-listed Access Beyond Inc. Diversified electronics company Acma paid U5522.75 million (Ss3B million) for 13.04 million shares (28 per cent) in Hayes last year. The
      187 words
    • 216 5 Bloornberg [SACRAMENTO, California] Packard Bell NEC Inc said on Tuesday it may wait as late as mid-1999 to sell shares in an initial public offering as it tries to shore up its declining share of the US personal computer market. The IPO delay
      Bloornberg  -  216 words
    • 541 5  -  TekomOne and Directline bring op the rear By] David Boey [SINGAPORE] While the rest of the financial district wound down on New Year's Eve, final bids for the Telecommunication Authority of Singapore's public basic telephone service tender were submitted to
      STEVEN LEE/ST  -  541 words
    • 282 5 Reuters [BRUSSELS] The world's oldest financial exchange, the Belgian bourse of Antwerp, closed on Tuesday, ending almost Ave centuries of trade. The Antwerp exchange, where the word "bourse" originated, will merge with the Brussels bourse tomorrow. "Antwerp has had its day; we could
      Reuters  -  282 words
    • 471 5 Reuters [SANTA CLARA, California] Call it a prudent insurance policy or a paranoid survival gambit. Either way, Intel Corp, whose computer chips are the brains of most personal computers sold around the world today, has quietly invested a chunk of its roughly US$B billion
      Reuters  -  471 words
    • 237 5  -  Cancellation is second this week; poor market to blame By\ Slow Li Sen [SINGAPORE] Inno-Pacific Holdings has aborted its proposed rights issue, another casualty of the battered stock market. Mainboard-listed InnoPacific told the Stock Exchange of Singapore yesterday that it was calling off its August
      237 words
    • 381 5 Telecoms giant new hot stock with retail, institutional interest Reuters [SYDNEY] Telecoms giant Telstra will complete its introduction to the Australian Stock Exchange boards tomorrow when it joins the All Ordinaries Index. From commencement of trading on Jan 2, Telstra becomes
      Reuters  -  381 words
    • COMPANY Briefs
      • 86 5 Reuters [SINGAPORE] DBS Bank has Joined the other Big Three banks in raising its prime rate by half a point to 7 per cent DBS' increase takes effect from Jan 2. OCBC Bank and United Overseas Bank announced on Monday that they were raising
        Reuters  -  86 words
      • 105 5 Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd will reduce the airfare between Kuala Lumpur and 14 countries by 20 per cent from Jan 1, The Star said. The newspaper cited unidentified tour operators as saying they have been directed by the Marketing Development Programme—
        Bloomberg  -  105 words
      • 109 5 [SINGAPORE] Casa Holdings yesterday announced a 10.5 per cent drop in ftill-year profits to 13.14 million for the year ended Sept 30, despite a 11 per cent rise in turnover to 1115.7 million. Earnings per share amounted to 1.5 cents, and a final dividend of 0.5
        109 words
      • 122 5 [SINGAPORE] Another company hit by the regional currency crisis is Pertama Holdings Ltd, which yesterday reported losses of $1.53 million for the six months ended Sept 30, up from the $1.47 million losses it suffered in the same period last year. The losses were
        122 words
    • 3020 6 CURR PREV COMPANY MKTCAP MO. OF CLOSING PRICE PE RANK RANK (S$M) SNARES 31/12/97 30/6/97 CHANGE RATIO (MUIONS) (S$) (S$) II jfcjftf *****.6 ***** 3.14 2.64 18.9 28.8 2 *****2 515 52.12 52.12 0.0 5 *****5 962 81 725 117 101 3 tClC
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    • FINANCE & COMMODITIES
      • 321 7 Move to cat property-related assets triggered by poor profitability FT [TOKYO] Sakura Bank, one of the world's largest banks with assets of 54.7 trillion yen (***** billion), plans to restructure its domestic and overseas operations. The group, part of Japan's Mitsui business grouping,
        FT  -  321 words
      • 156 7 AFP [TOKYO] Japan's Sumitomo Bank Ltd is to close about 50 branches in Japan to prepare for the "Big Bang" financial sector deregulation, a daily said yesterday. Japan's leading city bank will reduce the number of its domestic branches from 348 to around 300
        AFP  -  156 words
      • 169 7 FT [BOSTON] Fidelity Investments said on Tuesday it will no longer supply daily data on the asset size of its funds, which some traders use to determine the short-term market moves of the fund giant. "We've found there are a
        FT  -  169 words
      • 268 7 Fond alleges it was tricked into investing USs4lm in deal Bloomberg (NEW YORK] Citicorp faces another lawsuit by Steinhardt Group for allegedly tricking the fund into investing US$4l.5 million (5569.4 million) in a limited partnership. The lawsuit, filed on Monday seeks US$6OO million in damages.
        Bloomberg  -  268 words
      • 1677 7 nCOMFOTUKHg Dec 31 m0CT(Wt>m*t«n<i3Ofrt RSS1 CONTRACTS cMtVktf Close Votome Ope* Wowtft High Low Sttt (towtos) Interest JmM 119.00 Fofc 90 H9.50 700 Mar 90 119.75 119.75 ***** 300 050 Apr/Jan 90 123.75 123.75 125.50 300 ***** Jrt/Sep 90 130.00 2145 Od/D«C 90 133.75 4500 RSS 3 CONTRACT (US mibAe) VoiWM
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      • Article, Illustration
        1399 7 afTBEBAMK 0E08S EATB8 Dec 31 AS C$ Kwfc ECU Ffr ft» HM I* tibia* V Ww W> MZ$Nfch Nw S$ lux Mr WT> 8afct P—i US$ tartrate 0.937 6.J73 0.592 3.916 1170 1067 25.670 ***** 0.850 10.912 L539 1.124 28.852 26.487 1.096 3.181 0.950 213T7 30.607 0.395 0.654 Cm* 1067
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    • Article, Illustration
      1536 8 Bloomberg n&uttSeng -3146 HONGKONG stocks ended the last trading session of the year slightly lower, as the tumbling Korean won and Indonesia rupiah renewed concerns that the Asian financial meltdown will roil the region for many more months. Asian equity markets were the 10 worst-performers in the world among
      Bloomberg  -  1,536 words
    • Article, Illustration
      606 8 Reuters fl a>«ih«i Blndei ♦US SHENZHEN'S hard currency B Share Index closed sharply higher yesterday, the last trading day of 1997, due to institutional buying in shares with promising earnings prospects, analysts said. The B Index surged 2.95 points, or 3.07 per cent, to 98.97 as turnover expanded to
      Reuters; Source: Singapore International Monetary Exchange  -  606 words
    • 377 8 AFP QWPlafax +4L50 TAIWANESE stocks rose 0.5 per cent yesterday, led by technology issues, as institutional investors dressed up their portfolios for year-end rankings. "Fund managers increased holdings to raise the net-worth of their funds for year-end rankings, while retail investors stepped onto the sidelines ahead of the New
      AFP  -  377 words
    • 701 8 TORONTO h<]| CJ A lean AlunMuffl 39.350 .XX) BCC Inc 4®. XX) -1/4 Barrick CoM Corp Z7JOO .450 6k of Montr Ml 631/2 BOO Bk of Nov* Scotia 663/4 *1.150 Bombardior Inc B 293/4 unch Can imperial Bk 45.050 .850 Canadian Occidental 321/2 unch Canadian Pac Ord 36.100
      701 words
    • Article, Illustration
      803 8 AFP H SET latex HJSI THAI share prices closed 1.9 per cent higher in thin trade yesterday due to speculative buying in blue chips across the board led by local investors ahead of the long New Year weekend. Buying was mainly by local investors seeking quick profits, Padermpob Songkroh
      AFP  -  803 words
    • 576 8 AFP AUSTRALIAN shares closed 0.6 per cent up yesterday alter a half-day's trading in which brokers said interest in Telstra helped to ftiel a late rally. The Australian Stock Exchange's key All Ordinaries Index rose 15.1 points to 2,616.5. The All Industrials Index rose 28.9 points to 4,475.9 while
      AFP  -  576 words
    • 250 8 AFP Q Wellington +22H NEW Zealand share prices closed up one per cent yesterday amid window dressing, on a turnover of NZ529.48 million. The NZSE-40 Capital Index at the close at mid-day was up 22.61 points at 2,314.9, NZPA reported. The market finished *****.9 per cent down for the
      AFP  -  250 words
    • KUALA LUMPUR STOCK MARKET
      • 501 9 AFP PI Composite Index +5.0 MALAYSIA'S key stock index ended the year 0.9 per cent higher yesterday, boosted by late window-dressing activities by local funds, dealers said. "A burst of late local support eclipsed the profit-taking earlier. Some funds were pushing for a
        AFP  -  501 words
      • 8477 9 MOUSTMAU Com Miner products •**7 UMt Vol Day Net Cap HM» Low ComN«y im -OOQ Hlg* lew P/l fill 790 205 Afinomoto 208 115 641 448 89 5 Angkasa 90 -5 86 98 90 2.1 132.7 905 160 APOHO Foodldg MS 5 9 MS MS 4.® 66.0 765 165 6erjayaLand
        8,477 words
    • WARRANTS & OPTIONS
      • 180 10  - Heshe wrts: downside limited; gains and losses can be big WARRANT WATCH By Ri Sivanithy IN THE past, we've featured Heshe's warrants a few times in this column, mainly with the recommendation to stay away because of the unattractive numbers. This time round, however, the recommendation is different, mainly because
        180 words
      • 3527 10 10*05, LOANS i WARRANTS 199T Last Vol Day Last Owrta Av« Hl«h Law Stna Cam# any Sata Mr COOO) High Law Buyar SaMar Prlca 68 10 m 3000 m AMPB CS.5H*****6 12 1 10 1 1 •1 n.3 3160 *Acar ******1USS ItS -0.5 33 12.5 11.5 11.5 12 131 11
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    • 2235 10 Transaction Date: Dec 31 I CSSSHMMl Of Of 1MT Last Vol Day Laet Ouoto H« M YM Nat M Cap w» t— »tn> Co—any w« roooi mg>» l— Buyer »—w cv w $«m 478 39 nil SOOO AIS650C 47.5 Cd -0.5 240 51 47.5 47 48 5.0 3.3
      2,235 words
    • 360 11 m iiiiai St* mi il jj8 .«a jkS -MB jjfal 4glN fcSS «*»4*^t*rt»»l»iii»iWiitg»ii**<«lwwr.«»i igi <a 3"% 1 Of F I 1 j ;sa. i 4 i 4 i i 4 S I ■g ■jflim feJiil Fii |1 I I I 1 E 5 a 1 i
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    • 4357 11 •r Sr M Ml mr last vw Ma* m* m* vm mm ca* a«* l>» Ua HW CIHH Ml C8—I H» U» iwr Cw >/l Sal Ww —mmm OT US KttO ACIOvaaatcaSOc if «U M 21 21 1$ It IXT 24 Ml ASC NTSK) 200 US- MS MS
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    • 904 11 «r Or MM iw» m mm o*y fnn at* na mm cao u» Wfc c—p—y fWI W» L— lnw MMr cv ni MMPWm ■■MK stf WiS-rJfttfc*' m's MM* 1000 AMNMvtc WT O *KT«T IN 8T U U U MTJ |U 124 44« w a<>4« umiioc im m m mi
      904 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        67 12  -  by Saiv Taneja CLOB-listed 10l Corp closed half a cent lower yesterday at 53.5 cents on a volume of 4.02 million shares, just under eight times its 10<tay traded average. In the near term, there could be more weakness for this counter, but long-term investors should accumulate on
        67 words
      • Article, Illustration
        192 12 CImH Mo tron BrUve m1 CopM t5.170.000 *DNBC#Wt99 7,358,000 101 Corp 50c 4,021,000 'RNBCapBM 3J47.000 lay Mm F 3.064,000 •MWHMpSOc 2.942.000 HKUrtUSIOc 2,861,000 ST CRN 10c 2.772.000 *MupadAcn 2,507,000 *M Rmmtccs 2.421,000 SEN Facatp R045.279 OCBC ForoifR 10.493.372 SU For** 10,133,813 jOKForaip 8,822,158 i IMfCjpU 6,757,180 HK Land USIOc 5.597.960
        192 words
      • 630 12  -  gwdMonr COMMENTARY Confusion over status of shun* in indw casts doobts over final readings of past few days By R Sivanithy [SINGAPORE] The local stock market closed 1997 on a mixed note yesterday, with no discernible interest in any
        630 words
      • ON THE GRAPEVINE
        • 129 12 THE last quotable quote of 1997 must surely be this comment by Steve Liddell, president of World Com Asia Pacific Ltd. On the "smallness" of Its bid relative to Its competitors'—WorldCom and Its consortium partners had carted in only six boxes for its bid for
          129 words
        • 44 12 A READER, C H Tan, told us via email: Bangkok Land, it seems, has slashed prices of one of its residential projects in the Thai capital by as much as 45 per cent The name of the project Popular Condominium.
          44 words
        • 63 12 CHINESE monks in Hongkong have performed rites to appease some 1.3 million chickens which were gassed to death in the government's drive to rid the territory of the deadly HSNI virus, also known as avian or chicken flu bug. They will offer seven days of prayers.
          63 words
        • 43 12 NOT surprisingly, a new strain of the road-crossing chicken joke has reared its ugly head in Hongkong. Here goes; Why did the chicken cross the road? Answer Chicken, what chicken? There are no chickens in Hongkong.
          43 words
        • 92 12 STILL on the subject of the Hongkong chicken massacre, we hear that US poultry companies are wasting no time in capitalising on the territory's problems. Members of the Washington-based National Broiler Council will run TV ads and put up store displays in Hongkong that say US chicken
          92 words
        • 105 12 THAILAND'S Interior Minister Sanan Kachornprasart has vowed to give up fine wines and his Versace wardrobe in the hope that the country's provincial governors will likewise practise some austerity, according to the Thai daily, The Nation. Mr Sanan, whose trademark is his array of colourful silk shirts,
          105 words



  • Page 8 Advertisements
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  • Page 10 Advertisements
    • 60 10 your advertisement in great...just like un "HJI t ou f The Straits Times Classified... I V the ad J I The Straits Times Classified. I you still have the puppy... J described. J \lm going to take real good/ "1 be right BUVJIMI OT SelllM thCOUtfh W The Straits Times
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  • Page 11 Advertisements
    • 69 11 f calling about\ /Set...\ told\ /The card we're\ the computer I Y OO this was a making for Susan 1 I advertised in I 7s. V good deal. J Yup, we got what V is going to be J The Straits Times f Iwe wanted because real nice! rN^3^i m
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  • Page 12 Advertisements
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    • 487 12 THE STRAITS TIMES CLASSIFIED YOUR GUIDE TO MORE PRODUCTS SERVICES Appointment Notices To advertise call toll-free 1800-*****83 CREDIT LYONNAIS FINANCIAL PRODUCTS (GUERNSEY) LIMITED (Incorporated in Guernsey) To: All holders of Warrants 1997-1998 issued by Credit Lyonnais Financial Products (Guernsey) Limited relating to issued ordinary shares of Hongkong Land Holdings Limited
      487 words
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  • Shipping Times
    • 322 13 Bids are on for two lines, which own 13 vessels FT [MILAN] The Italian government on Tuesday launched the sale of its shipping interests— the first of a string of privatisations planned for 1996. The sale of the Lloyd Triestino and Italia Navigazione shipping
      FT  -  322 words
    • 66 13 i. ow^e— —_ase -aoos n gjSfcift «*5 j «O0J 12*0 «ss g* *QJDO§ SOI HLOJ »*■»>—HS ♦o- 02 S%SrL°v5 58 SsTZZZZZteo 3oI feSl<KSw» 4J0Mk 280 •l*«aMMC«nt 032 melt km Wmi* Mtr am wMk 400 »m *t- no *—*«—*—up r coumnm aM MVtcW- MO BZ2Z2L-& T«S5i2nJS5t«riSj «<£» *77 ■1I55!!5!555
      66 words
    • 409 13  -  Chairman says they raise prices without l„i>B Ag jimuiiOUOP By Marcus Hand [SINGAPORE] The Singapore National Shippers Council (SNSC) has lashed out at liner conferences over what it sees as the arbitrary level of Terminal Handling Charges (THCs). In a recent interview with
      409 words
    • 662 13  -  SHIPSHAPE By Marcus Hand A FRIENDLY smile and handshake to seafarers thousands of miles from home is what the Reverend Andrew Marke, chaplain at the Missions to Seaman in Singapore provides. Revd Marke recently started a five year
      662 words
    • 397 13 Reuters [MIAMI] All 28 crewmen of a stricken British-owned cargo ship were rescued by US helicopters on Tuesday as it lurched in a wind-swept, churning Atlantic Ocean north of the Bahamas, the US Coast Guard said. The 28 men jumped into the chilly waters
      Reuters; REUTERS  -  397 words
    • 341 13 [SINGAPORE] Continuing a year of strong growth in international trade, the Port of New York and New Jersey posted a 13 per cent increase in container traffic volumes through the first nine months of 1997, including a surge in trade with China. The Port
      341 words
    • 1083 14 JIXRTUBBUUHNCE Experts hope a new laser detection system will cut the injury rate from turbulence such as in Sunday's United flight NYT Turbulence in the skies over the United States has killed two passengers since 1960 and injured more than 316 more, plus at least
      NYT; AFP  -  1,083 words
    • 235 14 PAOC Ed 5 ACL EES I AJH. 3 Ethiopian 6 Accord I CwatMM 6 Appenship 5 Evergreen 6 Astra 3 FomiSw Austral 9 CLM 4 KSA 7 GMurtTMi >toMi 7 Gemhpg 9 fteys«eter 7 H« Sun Hup 8'tmg I Hang* 9 CCM
      235 words
    • 24791 22 THEBUSINESSTIMES thebusinesstimes EXPORT tTA tTA Vms« Voy«g« TiUpfwm CTA CTA Advtrtljer Vmtt Voy*9t Telephone 1tr linii Ir ni Nurnbtr Wumfcf «W OwTn Wmt Hw» NM*«r NmUt MMMNMMMHNWBMOIMIMNHRHRMRflMWMMMMMMMNMORiMNMHMMMMNMM' A ft/01 04/02 Hyundai MM HY FEDERAL MfW *5inWM 20/01 U/02 TriwttBO EVEN GENTLE OI5*-OT1W *5-*****15 T0 h5?ci!!l(*SS.D hJfr. T »«TU|*MPAR
      24,791 words
    • SHIPS IN PORT
      • 449 27 V *W« Voy Mo Bftn Arrival PtHTtw JUlNil Am* Paraata 9 JOT 3112/2300 *M* 3 J04 lllipill 01.13/060C M CtaU Mar *****7 JOI MwpMi 3112/1200 ■< IM >1 *****7 JOI 4oa*ttt 3LI2/IOOO It Mm CM ST *****7 J01 atonfjto* 3112/1700 It WM «ar *****7 JOI dHQiHa 31I2A400 W
        449 words
      • 1126 27 HCCOVW8 Of DQOtT Ftt COWTMWPB AM La OUMO ■■nMMflitinn tsth SMp out iuw i MM mm mm 2Vt*M 2VOT0C 2V1700 24/04W 2 VOSOC to* *004 2V2JOO U IVBM MM MM MM OMH UM Umnfl M2TH Hi! too M MM MM MM~ am nw» mm u M^iu 21 lyVOO
        1,126 words
      • 216 27 Jaa 1 Australia, Austria, Belgium, Brunei, Canada, China, Denmark, Finland, France, Germany, Greece, Hong Kong, Indonesia, Ireland -Republic Of, Italy, Japan, Luxemburg, Malaysia. Mexico, Netherlands, New Zealand. Norway. Philippines, Portugal, Singapore. South Africa, South Korea, Spain. Swweden, Switzerland, Taiwan, Thailand, United Kingdom, United States: New Year Day. Jul
        216 words
      • 717 27 THIS report, compiled by Cockett Marine OH Ltd. ibowi price range* in US dollar* toataad dMyjaiwaai mmjmmmin <i •crip* ton ot the aartd PrloNahomnbaaadoimniMtod Cockett Bunker Prteetodw*ehaap* aid the Individual change* to the coluatne are baaed on the prerkme report Ail ladtoee are baaed 10M oa
        717 words
      • 287 27 Nca mm MSH AM u..M_ TTT MJ M Bu4 SJS M IK «Nk »«M NU OJ U Ul > MS MM WW OJ W 0.B <7 MS Hfli Hm mmrnat MMMCX 0 0 f I 9 0 J*g S Ji 52 J2 S MS USAS-f u
        287 words
    • AIR & LAND TRANSPORT NEWS
      • 264 28 The airline says rival Qnantas enjoyed competitive advantages with BA tie-op Bernama [MELBOURNE] Ansett Australia, which operates a service to Malaysia, has sought approval from Australia's competition watchdog to go ahead with its planned codesharing alliance with Singapore Airlines and Air New Zealand.
        Bernama  -  264 words
      • 256 28 Reuters [NEW YORK] A Delta Air Lines jet blew two tyres as it landed on Monday night at an upstate New York airport, making it skid partly off the runway but causing no injuries or damage, police and airport spokesmen said. The
        Reuters  -  256 words
      • 238 28 AFP [NEW DELHI] India's Tata business group has revived a project to set up a private airline after a previous plan involving Singapore Airlines Ltd was shot down by the government, a newspaper said yesterday. The Economic Times quoted a Tata group
        AFP  -  238 words
      • 532 28 NYT [WASHINGTON] Passengers on the Boeing 747 over the Pacific on Sunday night were pushed into their seats by turbulence that jarred the plane with a force that was nearly 50 per cent greater than that felt during normal takeoffs.
        NYT  -  532 words
      • Article, Illustration
        64 28 [LOS ANGELES] A1997R011s Royce Silver Spur vehicle featuring a Level II security system is displayed on Monday at the Greater Los Angeles Auto show. The vehicle, priced at U*****,000(*****,500), features state-of the art composite armour, multi-layered glass with a polycarbonate inner layer, run-flat tyres, an explosion-proof fuel
        AFP  -  64 words
      • 335 28 AFP [BANGKOK] Thailand's auto industry exports soared a massive 131 per cent in the first 11 months of the year, as domestic sales plummeted amid the country's economic slump, reported local dailies here yesterday. Exports of cars, motorcycles and auto parts surged sifter the
        AFP  -  335 words
      • 190 28 AFP [BANGKOK] Thailand wUI open up domestic and regional air transport routes in an effort to bolster tourism, a report said on Tuesday. Transport and Communications Minister Suthep Thaugsuban said under the new policy starting in 1996 licensed private airlines would be
        AFP  -  190 words
      • 1240 28 or* fixmt n* man no mm un mmm mm wa mm ma mm mo ZSL SiS waSi •i-iS-'SS-S HJ37 1540 U838 2335 S025 0655 0126 2355 ftir>l»«4 ****** 2045 M242t5 2045 2355 S0286 2045 S02«5 2045 *LJM0 UTO OW 0*r«*i WW 0*25 tnw ono m y|
        1,240 words
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  • Page 14 Advertisements
    • 740 14 COA>li WW a* m sa u sm vtssa vqy ma o— um m cot m m {m w ,B '*/ii is/ii 07/01 wawi in a/n a/u a/u ii/i j •«/ai m/oi m/oi MPTUM AUXAJMITI 3SWS4O 14/11 11/11 M/ 01 044K4MMY Hi 19/11 11/11 H/11 11/11 «1/12 OS/tl M/ 01 1,01
      740 words
    • 535 14 Une« services representee K@l-) MemDefS 01 R ®o»sTy o' Accredited Shipping Agents. V"'V Singapore Shipp*ig Association Members of tie S,n o a P o^^^^ defs Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-2060 EXPOff 3«l^2KH»ii^^-l K Mgniß^lKrii l iiiiMß,KMlwi > tAcCTp<i«9FQ>oMoC/NAHA/SP€>AI/CBU/tCH j ss sr -S) ISi}*" wis taum
      535 words

  • Page 15 Advertisements
    • 1087 15 Bgy v 'yl 1 PAdfK SOUTH WIST EXPHISS (DWECT) ALSO ACCEPTING MANAUS VIA LAX/HOU veai wr m sun swnp ux not nan oo mtc <n hou |ho« I«a mom* ooi b/h m/h 25/12 09/01 13/01 14/01 u/oi 15/01 15/01 u/01 u/01 14/01 HivmiKM om 29/12 "317n~ 01/01 W 20/01 21/01
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    • 1674 15 (g) HANJIN SHIPPING I USA CANADA* s«a iwr ew I pm 10, I asp I m [io> rn I in ww nffc- m |nt |m |n» |m| a/oi m/* 1 -gzg] —M/»1 a/n 27/01 a/oi a/n a/n n/oi a/n 31/01 a/oi vjm a/oi w/oi a/n BjO/n_ _31/ol_ _11/W_ _01/W_ _W/W_
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    • 84 15 AVT I ORIENT EXPRESS UNES (U.K.) LIMITED (MANAGER FOR SHREYAS SHIPPING LIMITED) *B» VOT SW&WKi MMI VHgl TOT KM iiMHB SINAR TQ6A 221 02/01 11/01 SINAR TOBA 220 21/12 02/01 ooa ADMIRAL 011 05/01 14/01 OQCL ADMIRAL QIQ 24/12 05/01 KEDAH 010 09/01 18/01 KEDAH 009 28/12 09/01 ACHIEVER 005
      84 words

  • Page 16 Advertisements
    • 998 16 <jT DSR-SENATOR in Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT Btt VOT M ITM I AMT IMVI MM HJt lUM ||vtS«a WT lUM FU I HTM IWW HM [bTI TMKHMIWtT MM4 Mil B.H till MH Hti H.tl CMOTMMPMK IH7I 17 It HU H.I? 11.12 12 12 HJI BMMMHTON
      998 words
    • 1032 16 UME YML >n ,rn t w#b Srt htt P //www.ymLeom.tw IILJ &*Abk£ikHH f*~ «1 mmL Rxf °*ytuooay VHKL WOY IBi FXT HAM AMR HFA SIN MING GALAXY 99/A74# 10/12 11/12 13/12 15/12 23/12 06/01 MING SUN 08/A747E 17/12 18/12 20/12 22/12 3QTI2 13A)1 PAX 02/A74OE 24/12 26/12 28/12 29/12 07/01
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    • 412 16 LINE BW TELx 28N345A PAXi OSS2I 19 MUAHA- I LABOAN vKsa voy ctd ru vissa wr m m sratf muuu sfoti in inmm voii/9® ©3/01 ot/oi iraosra vou/* oj/oi 07/01 tfMGuar voii/w «7/»i io/ot /mourn vou/n 07/01 11/11 inosPß ws/w li/ii it/01 iraosm voa/w 13/01 17/01 mat sum voh/n u/01
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    • 1153 17 Ivwan. vov sin bkk pou pko p«w blw sub ba bik IRAN MOWN PJL-1262 OS/12 11/12 13/12 WAN VAHOAT PJL-1266 20/12 08/01 MAN TEYFOURI PJL-1267 00/01 18/01 I IRAN TAKHTI PJL-1266 18/01 24/01 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLANO POINTS IN IRAN A CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN.
      1,153 words
    • 1973 17 COMPLAINT I SINGAPORE'S GENERA! AGENTS: 4 SHENTO* WAT TEL: 226 1900 fAX: *****0! OUTWARD (IM -MllfflW m IT» nHtMtUG SAUS/»tS 4NSMI/4) MWARO DEFT (D/ 0) 4MS7IS COSTAR MBMM (Ml SM MW *****50/55 T/SHPMT PCPT *****25 TH: 02-07-35 311*4 HI: 03-07-*****70 I vsi/w I» Ins smmnoniMimMmvayvor nx m mousw mt [w~]
      1,973 words

  • Page 18 Advertisements
    • 1297 18 EUROPtE/UK/SCAMOIMAVIA/FINLANO/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHV THP RDM ANW HBG PKL SGP E. ROYAL RW-035 04/01 24/01 29/01 25/01 27/11 28/01 2«/01 E GOODS RE-059 11/12 10TI2 12/12 14/12 07/01 E REPUTE RW-012 10/01 f*A»l 03/02 31/01 02,02 03/02 04/02 E GLEEFUL RE 050 14/12 18/12 15/12
      1,297 words
    • 890 18 MAC-NELS S PORE M'SIA Carrier; MN CONTR LINES, INC I IYV\ J OWMOmOQWIPOW SIBU: (064)*****9 MANHJL (632)*****61 PENANG: (04) *****36 BANGKOK: (682) *****87 SURABAYA: (31)*****0 KELANQ: (03) *****77 JKT (21) *****07 MOW: (61)*****3 DUBAI LAE/PORT MORESBY MV "TRANSCORD" V.GWS3 MV "CAPE YOKE" V.OIS/98 ETA SIN: 6-1-98 ETA SIN: 4-1-98 ROTTERDAM/HAMBURG
      890 words
    • 425 18 rca> NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel voy I sw I puu I out I err I b/rat" mums wis Q4/»i iz/oi 14/01 21/n 23/01 GOIDEW DUGOM 007S 12/01 22/01 24/01 31/01 IHMUI ftmcESs om 19/01 03/02 m MAWI/U (WEEN 02SS 25/01 02/02 06/02 W/02 mm»Hux
      425 words

  • Page 19 Advertisements
    • 518 19 iDSA^ M MYANMA iSHBk FIVE STAR UNE (Myonmor National lioo) Loodiof for Toojoo (Raogooa) Vissa VOT UN PIG PIN PGII PATWN 144W m NTA-AM I WW MPT MALATSIA AOOm: OOUSTUO SHIPPING AGOKKS KUL Til 02-4)-*****00 PKL TU 02-03-*****01 P» TH 02-04-*****02 PGO: TO #2-47-*****21/4 tg| BANK LINE (A ttrvkt of
      518 words
    • 1220 19 A HYUNDAI MERCHANT MARINE CO, lIP. I""a vor 5_ un «tm ant i ham |im re ivßsa vot iun Imi I ham Ife Imolmi I Ml NTDUU WW 05/01 M/ 01 *3/01 IJ/Ol *S/0l *5/01 20/41 NTffOCKAI 10M 11/12 14/12 14/12 14/12 H/1J 11/11 M/M KTCOMMOOOM HOW 11/01 M/ 01
      1,220 words
    • 545 19 Mb jv ipcooLzeo cxtocomen g/gfmgetusM Qj©§(o](§ TO NORTH AND LATIN AMERICA |VfSStl 1 VOT \UMf HB6HT AH lAX Cll IMA SAV UL O>F NYC WW 151 TOAS FM2 400 Iw 6JM J 4/0! 10/01 11/02 Jl/02 23/02 25/02 26/02 27/02 04/03 04/03 TOM FOO3 400lw UN 20/01 25/02 05/03 01/03
      545 words

  • Page 20 Advertisements
    • 817 20 AHOKOK/LABM CHAIANO JAKARTA/PANJANQ VESSEL VOY SIN I BKK I LCH VESSEL VOY SIN JKT~] PJN MATHU BHUM 36&N8 in Pt 04/01 XETHA BHUM 2228 ~n Pt 03/qT~ DANU BHUM 019N 02/01 07/01 08/01 XETHA BHUM ***** In Pt 03/01 DANU BHUM 019NB 03/01 07/01 08/01 ANAN BHUM* 873 03/01 06AM
      817 words
    • 41 20 LNS EXPRESS (S) PTE LTD Blk 217 Henderson Road, #01-04 Henderson Industrial Park, Singapore *****5. CR NO: **********0/H Air-Sea International Freight Forwarders MANILA Also accepting Heavy Lilt 6 Project Cergo Tel:6s-276 7996 Fax:6s-*****40 GEMARTRANS S dffiay t&e iea&cqi twymry- N yoodC'fwoafiwity'.
      41 words
    • 372 20 BINTANG MAS SHIPPING PTE. LTD. 30 NEIL ROAD, SINGAPORE 0208 TEL: *****08 FAX: *****64 TLX R*****6 SINMER CR No: **********0W Receiving Cargo at PTI Bintulu Muara VESSEL VOT SIN jry VfiT SI »«A I Mil WOO IE 03-04/01 10/01 Mtari V9WIE OM4/OU2/0I !£l 2 £!?/S! ivS? MG,y WWIS-MIWRI IMrt V9002E
      372 words
    • 642 20 A/iccord SHIPPING PTE LTD TIL ***** IS (40 Lin**) FAX *****30 FOtTKLAHG (03) W (001 WMCT ACCISS TKL *****55 (IXPOUT KOOKINO) MiICHUW (07J351 13/7 5664M4 (EXPORT DOC), *****39 (IMPOST) KMM (04) W1444 URUHTTP://WWW.ACCORD.COM.SG JAtA/tTA (71)040 0/70 VAA^ J) J \Wv Crnierasia JLlnes *iAL 30th ANNIVERSARY SINCE 1967' x SUPER EXPRESS
      642 words

  • Page 21 Advertisements
    • 456 21 INDONESIA NATIONAL LINE TO EUROPE T IXPfimaWIW-COIiIMNiRISgDSgWVICg "m VOY TTtoK OAM/ROAM H IUItG IRiMiN ANTWERP A.VESSEL 42W1 271t 1/3 OMIT 5/3 TO AUSTRALIA FULL COWWNER SBMCI m wTTffnff hk w w m mi at KX.NMER VSnllVtl MM 11*1 IMI IHI 2241 !U1 KASUGAI «U|M1 IWI n«1 OF 2MI n« NOIEDUOYDIMSSNK
      456 words
    • 1050 21 ADVANCE CONTAINER LINES (PTE) LTD 140 Cacil Street. #12-00. PIL Building, Singapore *****0 Lz TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60/*****06 lANOKOK JAKARTA jct VESSEL VOY SM RICK 22 E DANUBHUM 019NB 03/01 Sot 07/01 W%d KOtA BERKAT 8KT277 04/01 Son 07/01 Wed )43
      1,050 words
    • 845 21 gg|VgH| VESSELS I VOY SW4 I JED MLA L» WM THP I WfTM 2g VULEDE NORMA NOW gWW 14A)1 1M)1 37/01 Sll 3MH 2MH VHXE DE GEMMA H23W 15/01 2VOI 2M» (BAB OMB OMB Ml flMt VIXED-ORION Y23W 20/01 28/01 02AB OMB OMB 11/Bt 1W tMI |vHEDEMMOBA V23W 27/01 OMB
      845 words



  • Page 24 Advertisements
    • 37 24 To retrieve more schedules, just follow these simple steps... the port Step key in the four number M digit code Key in your Exampto: fax number To NEW YORK (NYC) ***** for calls within Singapore United States
      37 words



  • Page 27 Miscellaneous
    • 115 27 LCGINO: Thunderstorm Temperature *q V Shower Weother _X Wind Erection with speed n knots Rom Cloudy Sky Wove height S wim4t «fc«oted by arrows .t»ch Hyw.tktk.wmd On. or light J__ One halt tWche 5 knot, w Ji Mf1 h#r#P nn,oknOn One triangle repots 50 knot, Wave ketfhts umts of 0.5
      115 words

  • Page 28 Advertisements
    • 74 28 JUNK'. \W*W ANTIQUE VV\ Jif/TREASURES? 1 \Q 11 To you, they could just be old, ugly and Iv 1 A(\ 11 worthless, but an antiques collector could A V/ 111 take great delight in them. (And be willing 1/ J/ to pay a handsome sum!) U So before you send
      74 words