The Business Times, 14 January 1998

Microfilm: NL21067
Total Pages: 42
1 42 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    12 1 The Business Times MITA(P) IKVI2/97 Internet: http://www.asial.com.sg/biztimes SINGAPORE WEDNESDAY, JANUARY 14,1998 85c
    12 words
  • Article
    MARKET SUMMARY
    56 1 (4-83.06) nsy+43.M) DmOUB (+83.13) mm vtika U 712J4 (+63.92) mm MAKXETIIOOD; ■■Op gwci MEET MMCBB TMMky rtmmgm KLSSCOHP -MM IfKKH M.7HJ4 >*LM HAW SOiO 8.7HJ9 *M3i 88F INDEX 34&M 479 JAKARTA OOMP __J8tt4 >41je MAMA COUP IJMtt TAIPEI WPI 7,***** >138.19 SEOUL COUP M.U +714 CLSA CHINA B
    56 words
  • Article
    FINANCE
    65 1 raw 1MB* uss st USS 1 1.771 t 1J» 18M DM Mtt tS7f YKN1M &7M 1J4I m 1217 MM hks t.i» ua BAHT M» MB BfPlAHMt MIS MtS •MrtMtlMi FUME KATES swavpow 7.11 KUALA LUMPUR 9 JO JAKARTA 18.00 BANGKOK— ISA MANILA UN 10NQK0NG ISO TAIFH MO SYDNEY ISO
    65 words
  • Article
    Radical Jakarta moves to cut fuel subsidies, revise budget
    826 1  -  Suharto expected to announce confidence boosters after meeting Camdessus Frrmi S N Vasuki in Jakarta INDONESIAN government officials are putting the finishing touches to radical new economic reform measures and revisions to the recently-an-nounced budget, including a three to five year
    826 words
  • Article, Illustration
    STII rebounds 83 points in first gain for the year
    392 1  -  Tat Lee-Keppel Bank merger, Dew's rise bolster sentiment By R Sivanithy [SINGAPORE] The local stock market yesterday rose for the first time this year, underpinned by reassuring signals from Wall Street and news of the Tat Lee-Keppel Bank merger. After
    392 words
  • Article
    Seagate expected to announce major layoffs by end of week
    484 1  -  Industry circles cite across-the-board cats of 20% By, Jennifer Lien [SINGAPORE] Disk drive maker Seagate Technology, Singapore's second-largest private sector employer, is widely expected to announce a major retrenchment by the end of this week. The cuts are expected to
    484 words
  • Article
    Camdessus to hold press conference in S'pore today
    130 1 [SINGAPORE] Michel Camdessus, managing director of the International Monetary Fund (IMF), arrived in Singapore yesterday for a two-day visit before heading for Jakarta. He was accompanied by Hubert Neiss, director of the Fund's Asia and Pacific department; Roberto Brauning, IMF deputy division
    130 words
  • Article
    OCBC, UOB rein in housing loan quantum to as low as 60%
    378 1  -  Analysts fear move will kill demand in property market By i Clarissa Tan [SINGAPORE] OCBC Bank and United Overseas Bank (UOB) have cut their housing loan quantum to 70 per cent or lower in the face of weakening
    378 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      124 1 W«-kers' worry For the first time since the 1985 recession, Singapore workers are more worried with job security than with salaries or bonuses, Pg3 1 y* k Marttj i preraaet The merger of Keppel Bank with Tat Lee Bank ooukl be a prelude to a merger with a larger institution
      124 words
    • Advertisement
      Page 1 Advertisements Column 2
      27 1 Debt rollover: Jakarta to discuss debt rollover with international banks next week, Pg 4 PM Goh happy with Suharto meeting, Pg 4 Markets in turmoil, Pg 4,8
      27 words
    • Advertisement
      Page 1 Advertisements Column 3
      10 1 What Barton Biggs said, Pg 8 Market reports, Pgs 19-24
      10 words
    • Advertisement
      Page 1 Advertisements Column 4
      66 1 J Worldwide access with OUB Global AutoCash Card M i 4 Convenience of savings, chequeing and fixed deposits in one account High daily interest on your money One monthly statement detailing all your transactions Visit any OUB/IBS branch or call OUB PhoneBank Centre at 1800-224 2000 today O Multi link
      66 words
Page thumbnail Page 2
  • SINGAPORE
    • Article, Illustration
      Lock icon EC offers euro as stable global currency for Asia to adopt
      611 2  -  Introduction of euro will help-firm up world financial system: EC president By Yang Razali Kassim THE European Commission yesterday offered the emerging euro as a stable global currency for Asia to adopt as the region struggles to overcome its
      JEROME MING ST  -  611 words
    • Article, Illustration
      Lock icon Progress payments growth steady
      311 2  -  EYE ON THE ECONOMY Construction By] Diana Oon PROGRESS payments continued at a steady pace in October and November last year, clocking up year-on-year percentage growths of 15.2 per cent and 8.8 per cent respectively. The latest figures from the Construction Industry Development Board (CIDB) shows
      Source:  -  311 words
    • Article
      14 non-bank units cease operations: MAS
      423 2  -  Two merchant banks downgraded presence to rep offices ny\ Siow Li Sen MORE than a dozen non-bank financial institutions ceased operations in Singapore last year and two downgraded their business; some were victims of the regional financial turbulence and others were part of an
      423 words
    • Article, Illustration
      Lock icon Job security rather than pay now tops workers' concerns: survey
      393 3  -  Recruitment survey says lower salary rises, bonnses expected this year By Audrey Tan FOR the first time since the 1985 recession, Singapore workers are more concerned with job security than with salaries or bonuses, a recruitment survey found. Employers and
      FILE PHOTO  -  393 words
    • Article
      SembCorp-led group hopes to seal Indon gas deal by March
      450 3  -  By. Ronnie Lim A SEMBAWANG-led consortium hopes to conclude a deal to buy Indonesian natural gas by March, following the resumption of talks with Pertamina, sources said. The news comes amid rumours that talks had stalled as an earlier deadline
      450 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      289 2 I BE AWARE I I IMPORTANT NOTICE I I Thursday January 15th and Saturday January 17th 1998 I I TALK SEMINAR 7 PM SHARP I I AT THE SINGAPORE ART MUSEUM (Patron's Club) I I 71 Bras Basah Road, Singapore *****5 I I To inform/enlighten the Singapore public on the
      289 words
    • Advertisement
      Page 2 Advertisements Column 2
      162 2 I^^ PREMIER LOCATION centrally located in Singapore's up-and-coming Riverfront district. CONVENIENCE close to Shenton Way, Orchard Road, Suntec City Convention Centre, MRT stations and within walking distance to Clarke Quay and Boat Quay. APARTMENTS WITH SERVICES i »«~e»aK Tastefully furnished 1-, ma rim.... m c 2- and 3-Bedroom Ifik.F 1
      162 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      96 3 With a worldwide team of 250 multi-disciplined professionals and a network of international offices, OCRA provides confidential and I cost effective company formation in all the major low tax areas including: Full Professional after sales services provided. For a FREE copy of our 100 page colour brochure or to arrange
      96 words
    • Advertisement
      Page 3 Advertisements Column 2
      305 3 I Prosperity I in your heme) I The Motorola StarTAC™ 90 1 n Your Perfect Partner B The Motorola StarTAC™ 90 cellular phone f E #lw' J f is more than a phone, it is an instrument J E •V »Jr J K of good fortune. Light, compact and J
      305 words
Page thumbnail Page 4
  • MARKETS IN TURMOIL
    • Article
      Jakarta to ask foreign banks to roll over Indon firms' debts
      571 4  -  Former economic minister Radios Prawiro will head negotiating team Reports by\ S N Vasuki [JAKARTA] The Indonesian government will meet international banks next week to persuade them to roll over offshore debts of state-owned and private firms, sources told
      571 words
    • Article
      PM Goh happy with Suharto meeting
      485 4 He's reassured Indon leader is committed to economic reforms [JAKARTA] Prime Minister Goh Chok Tong met President Suharto here last night and said he was reassured by the Indonesian leader's determination to pursue economic reforms. PM Goh, in Jakarta for a brief overnight visit,
      485 words
    • Article
      Lock icon Golkar puts Suharto up for seventh term
      210 4 Reuters [JAKARTA] Indonesia's ruling Golkar party will nominate President Suharto for a seventh term in office in presidential elections due in March, it said yesterday. "Officially and after rechecking, Golkar puts forward the name of Haji Mohammed Suharto for president for the 1998-2003
      Reuters  -  210 words
    • Article, Illustration
      Lock icon Summers praises M'sian efforts to restore confidence in economy
      298 4 Anwar says fundamentals sound, measures adequate Bloomberg Reuters [KUALA LUMPUR] US Deputy Treasury Secretary Lawrence Summers praised Malaysia's efforts in the past two months to boost confidence in its economy. "I think Malaysia has taken a number of very strong steps,
      Bloomberg; Reuters; REUTERS  -  298 words
    • Article
      Garuda says Airbus lease payments rescheduled
      272 4 [JAKARTA] Flag carrier Garuda Indonesia said it had rescheduled lease payments on six Airbus Industrie A 330-300 aircraft due to Indonesia's crisis and falling revenue. "We have re-negotiated with the leasing company and we already have an agreement with conditions so payments can be
      272 words
    • Article
      Lock icon Indonesians in protest march over high food prices
      284 4 AFP Bernama [JAKARTA] Hundreds of Indonesians marched some 100 km in east Java to protest high food prices, damaging a shop and one vehicle, a report said yesterday. A crowd gathered at the Kalibaru sub-district in Banyuwangi district on the eastern tip
      AFP; Bernama  -  284 words
    • Article
      Lock icon China stocks fall on fears of new-share glut
      242 4 Bloomberg [SHANGHAI] Chinese stocks yesterday plummeted on fears that a lack of financing from Hongkong for mainland companies, following a plunge in the stock market there, would lead to a glut of new stocks in China's fledgling markets. After a six-day slide
      Bloomberg  -  242 words
    • Article, Illustration
      Lock icon Getting set for Asian Games
      63 4 [BANGKOK] A worker working yesterday on the roofing material ofa gymnasium at Thammasat University's sport complex where the 13th Asian Games is to be held in December. Three-time Asian Games host Thailand said it would be ready to hold the Games in Bangkok as scheduled
      REUTERS  -  63 words
    • Article
      Lock icon Fed, central banks seen lowering rates
      172 4 AFP [NEW YORK] With Asian economies still foundering, several Wall Street analysts on Monday indicated central banks might intervene to lower interest rates worldwide. "The feeling is that interest rates around the world may be reduced, that there may be a coordinated central bank
      AFP  -  172 words
    • Article
      Lock icon US weighing non-economic side effects, says report
      201 4 AFP [WASHINGTON] The deepening crisis in Asia could cause non-economic side effects that undermine US political and strategical interests in the region, The Washington Post reported yesterday. Unidentified senior US officials said that while the departments of state and defence had taken a
      AFP  -  201 words
    • Article
      Thais post big current account surplus
      573 8  -  USs2.4b Q4 surplus biggest in 20 years; Chuan to renegotiate IMF loan terms Prom Harish Mehta in Bangkok THAILAND achieved its biggest quarterly current account surplus in two decades in the fourth quarter of 1997, prompting a jubilant Prime Minister Chuan Leekpai to declare
      573 words
    • Article, Illustration
      Lock icon Greenspan jeered for defending US aid to Asia
      454 8 Activists want aid channelled to poor neighbonrhoods in US Reuters [LOS ANGELES] US Federal Reserve chairman Alan Greenspan was heckled by community activists on Monday for defending financial aid to Asia at a time when poor neighbourhoods in the United States needed
      Reuters; AFP  -  454 words
    • Article
      Lock icon Asian bourses may be near bottom, says Biggs
      212 8 Bloomberg [NEW YORK] Barton Biggs, chief global strategist of Morgan Stanley, Dean Witter, Discover Co, said Asian markets may be close to a bottom. Mr Biggs, speaking during the firm's Monday morning strategy session, said he would not recommend buying Asian stocks
      Bloomberg  -  212 words
    • Article, Illustration
      Lock icon Camdessus defends IMFs tough crisis prescription
      429 8 AFP [SEOUL] IMF chief Michel Camdessus yesterday defended the fund's "tight money, high interest rate" crisis prescription against mounting doubts and criticism, saying economic recovery was impossible without it. "I hear this a lot, I heard it from the chamber of commerce today," Mr
      AFP  -  429 words
    • Article
      Lock icon Asia must take painful steps to recover: Clinton
      467 8 US-led IMF bailont necessary to safeguard US jobs AFX-Asia [WASHINGTON] Moving to marshal the full force of his office against the Asian economic meltdown, US President Bill Clinton convened a meeting of his top cabinet officials on Monday to assess the risks
      AFX-Asia  -  467 words
    • Article
      Lock icon Moody's to review HK currency ceilings
      266 8 Move prompted by possible impact of Asian turmoil, it says AFP [HONGKONG) Moody's Investors Service yesterday placed Hongkong's short-term currency ceilings for bank deposits under review for a possible downgrade, citing the fallout of Asia's financial crisis. The three banks in Hongkong which face
      AFP  -  266 words
  • Page 4 Advertisements
Page thumbnail Page 5
  • FOCUS: MONET MATTERS
    • Article, Illustration
      Lock icon Whither Indonesian debt?
      1202 5  -  Great urgency for an international intermediary to stand between lenders and borrowers By Larry Wee [SINGAPORE] OUR status report on the first full trading week of 1998 doesn't make pleasant reading. The Asian yield curves we track have moved up practically across the board, and last week
      Compiled by BT; Source:  -  1,202 words
    • Article
      Europeans negative on yen
      461 5  -  Dealers see US$ rise to 140 yen mid-year, gagging ya^p-ani From. Neil Behrmann in London FOREIGN exchange strategists here are overwhelmingly pessimistic about the prospects for the Japanese yen in view of the continuing Asian markets turmoil. Dealers at major banks predict that the US dollar
      461 words
    • Article
      Political side to the Indonesian drama
      324 5 AMALIBS IN MARCH, the 1,000-strong Indonesian People's Consultative Assembly will meet to elect a president and a vice-president. With endorsement already received from the governing Golkar Party and the armed forces, President Suharto's re-election is a foregone conclusion should he stand. So the political
      324 words
    • Article
      Lock icon THE WEEK AHEAD
      296 5  -  Compiled by Larry Wee Sources: ANZ Investment Bank, Independent Economic Analysis (IDEA) JP Morgan (JPM) and MMS International Indonesia A Korea The talk of the town this week will be high-powered visits to Jakarta linked with the Indonesian unit's precipitous fall last week. At one point, the
      Sources: ANZ Investment Bank,; Independent Economic Analysis (IDEA); JP Morgan (JPM) and MMS International  -  296 words
  • Page 5 Advertisements
Page thumbnail Page 6
  • FOCUS
    • Article, Illustration
      Lock icon Thai financial system: the rot within
      1846 6 Thanong Bidaya, the then finance minister, discovered the true state of Thailand's reserves in June, sparking a series of events that led to the regional turmoil FT [LONDONI ON June 25, 1997, Asia's economic miracle came to an end. That was the day Thanong
      FT; FILE PHOTO  -  1,846 words
    • Article, Illustration
      Lock icon Indon woes: what went wrong
      668 6  -  Confidence is fragile as reforms fail to materialise next to ever-present debt pile By\ Sander Thoenes FT [LONDON] While most of its neighbours were still in a state of denial about devastating currency crisis, Indonesia met it head on. On Aug 14, it floated the
      FT; FILE PHOTO  -  668 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      104 6 In the January/February issue of Directions and 'n the latest issue of Directions we explore efforts by the Government, firms and organisations to save our ailing planet. We also meet Anita Roddick Body Shop founder as well as K.S.Thakral, the head of a $2.1 billion empire; journey into the future
      104 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      34 7 "i In telecommunications, isn't always better .V M J I I Just ask the: t tallest guy in the league. HBy w") rld ■SKBBr com One Company. A World of Solutions. 6600 ••#••#•*«**•s> www.wcom.com/asia
      34 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      364 8 I A WEEKLY SUMMARY OF I I HOME NEWS I I AT YOUR FINGERTIPS I I P\ The Straits Dmn Weekly Edition brings you a crisp I aummaiy of theweekfcmejor happenings in Singapore and I "TViP i in the Aaean region. Covering news from social issues, poMce, buaineee, career opportunities
      364 words
    • Advertisement
      Page 8 Advertisements Column 2
      8 8 Greenspan on effects of bank mergers, Pg 11
      8 words
Page thumbnail Page 9
  • REGION
    • Article
      Bank of Thailand in talks to take over Siam City Bank
      522 9  -  BANGKOK Central bank may replace management, convert debt to equity, say sources From. Harish Mehta THAILAND's central bank is in talks to take over mediumsize Siam City Bank, first by installing its own management, and then possibly, by converting
      522 words
    • Article
      Lock icon Super Corridor slowdown?
      121 9 Reuters [KUALA LUMPUR] Development of some products and services in Malaysia's high-tech Multimedia Super Corridor (MSC) may be slowed by the country's economic crisis. "In terms of government expenditure on IT (information technology), to ensure they can balance their budget there has to be a scaling down,"
      Reuters  -  121 words
    • Article, Illustration
      A crucial question of confidence
      745 9  -  ASIAMVXEW Jakarta needs to assure world that there'll be continued stability in leadership By Yang Razali Kassim IS President Suharto losing his grip on Indonesia? This is the question many are asking as the financial crisis strikes at the country's economic and political stability. When
      745 words
    • Article
      Christina Ong's Club 21 closing 2 Melbourne outlets
      424 9  -  By* And Wan May, Surinder Singh in Sydney CHRISTINA Ong, whose string of designer labels has brought her international fame as a top fashion guru and keen retailer, is closing down outlets as part of a belt-tight-ening exercise. Her company. Club 21,
      424 words
    • Article
      Lock icon Opening of HK's new airport pushed back 3 months to July
      450 10 HONGKONG Postponement due to delay in completion of new railway link, says Tsang AFP HONGKONG'S new airport will open in July instead of April, as originally scheduled, to wait for a new railway link to go into service, a
      AFP  -  450 words
    • Article
      Lock icon Two govt sites fetch a low HK$283m
      435 10 HONGKONG Bloomberg THE Hongkong government sold two sites for a less-than-expected HK$2B3 million (5564.8 million) yesterday, as rising interest rates and concern over the stability of the Hongkong dollar's peg dampened buying interest. The auction, the first this year, comes just a day
      Bloomberg  -  435 words
    • Article
      Lock icon Ramos denies meeting Taiwan's premier
      252 10 MANILA AFP PHILIPPINE President Fidel Ramos yesterday denied reports that he had met Taiwan Prime Minister Vincent Siew during his surprise visit to the country. "Taiwan PM Siew came here for an ADB meeting just for one day and he's already left and that is
      AFP  -  252 words
    • Article
      Lock icon Japan govt says economy remains at a standstill
      486 10 TOKYO Severity of household, corporate sentiment growing EPA AFP THE Japanese government yesterday downgraded its assessment of the domestic economy, saying it was stagnant due to increasing pressures on sentiment. "The economy remains at a standstill, as the severity of household and
      AFP  -  486 words
    • Article, Illustration
      Lock icon Tokyo hostage drama ends after 6 hrs;
      339 10 TOKYO Reuters AN ARMED right-wing activist yesterday held a Finance Ministry employee hostage for six hours at the Tokyo Stock Exchange before releasing the man Unharmed after a tense stand-off with police. Police had been attempting for more than five hours to persuade
      Reuters; AFP  -  339 words
    • Article
      Lock icon Global trade squeeze hit exports: India
      360 10 NEW DELHI Export growth in 1996/97 fell U 4% from 20% between 1993-96 Reuters INDIAN exports, which experienced strong growth the previous three years, are suffering from a drop in global demand and the impact of currency devaluation in Southeast Asia, officials and analysts
      Reuters  -  360 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      108 9 f 1 i i/ eps I HI p§iߣ ♦'v- H —jLi3L Unit Trust applications. The latest thing we've squeezed into our ATMs. From today, POSBank account holders will be able to apply for CPF-approved unit trusts through POSBank ATMs. Which basically means that if you want to apply for a
      108 words
    • Advertisement
      Page 9 Advertisements Column 2
      170 9 An Even Friendlier Breed Will Be Taking Over Kota Kinabalu. tiaMKMHBHRSSBBSfI PASSAGES Sabah's friendliest mascot in Borneo is about to face |9 some stiff competition. Friendly and warm, the team at The Pan Pacific Sutera Hotel Kota Kinabalu brings new meaning to service. The hotel opens February 1998. For reservations,
      170 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      42 10 Can't 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. I CATS.
      42 words
    • Advertisement
      Page 10 Advertisements Column 2
      109 10 IB OIN(/\JCj Teppanyaki. Oysters On Ice. Roast Beet. Sashimi. Grilled Mutton, Grilled BBQ Fish. Tempura. Handrail. Sushi. a "<l fi//•» W Salads. Fresh Fruits. Pastries. Soups and many more items... For et Buffet Lunch Buffet Dinner tf'nes BmHm: It Warn 2 Wpm Business Hours: 6«opm 10:00pm V J Moo-Sal $24
      109 words
Page thumbnail Page 11
  • THE WORLD
    • Article
      Lock icon US consumer price index rises just 0.1% in Dec
      438 11 WASHINGTON CPI op 1.7% in 1997, the smallest annual gain in 10 years Bloomberg THE US consumer price index the broadest gauge of costs for goods and services barely budged in December, winding up 1997 with its smallest annual gain in
      Bloomberg  -  438 words
    • WORLD Watch
      • Article
        Lock icon All options open on Iraq Albright
        71 11 AFP [WASHINGTON] US Sscretary of State Madeleine Albright yesterday warned the United States did not rule out any option to force Iraq to grant unconditional access to UN Inspectors. "It is absolutely essential that Saddam Hussein live up to the obligations that are in
        AFP  -  71 words
      • Article
        Lock icon Israel sets terms for West Bank pullout
        71 11 Reuters (JERUSALEM) toad's cabinet yesterday set a series or Conditions which thft PL«Q COfldMßPfld M 811 AttMPt to stall ftirther a troop withdrawal in the West Bank. In a paper, the cabinet made redeployment fWMtttfaaml m PT/> ftilfnwMm* in US-brokered "Note for the
        Reuters  -  71 words
      • Article
        Lock icon Eres to borrow US$5.4b for oil projects
        55 11 AFP [TEHERAN] The Iranian parliament yesterday authorised the government to borrow up to US$6.4 billion (518.6 billioo) from abroad during the financial year starting in March for investment in the oil ssctor, parliamentary sources said. The assembly increased the amount approved sarlier after
        AFP  -  55 words
    • Article
      Lock icon US meat exports may be hit by Asian crisis
      188 11 m WASHINGTON Bloomberg ASIA'S currency crisis is reducing prospects for US meat exports and leaving record supplies on hand for American consumers, government figures show. The US Department of Agriculture raised its estimate of red meat supplies available on the domestic
      Bloomberg  -  188 words
    • Article, Illustration
      Lock icon Hero worshipping in Cuba
      53 11 [CAMAGUEY, Cuba] A worker painting a relief figure of Ernesto 'Che' Guevara at the Plaza Ingnacio Agramonte here, on Monday, where Pope John Paul II will celebrate mass during his visit to Cuba later this month. The pontiff will hold mass in four cities during his
      REUTERS  -  53 words
    • Article
      Lock icon Germany meets EMU deficit goal for 1997
      280 11 BONN Cost-catting, lower loan costs, govt assets sales helped Bloomberg [BONN] The German government's deficit in 1997 was about 6 billion Deutschemarks (SSS.B billion) below plan, putting federal spending on target to qualify for Europe's single currency, Finance Minister Theo Waigel said. The
      Bloomberg  -  280 words
    • Article
      Lock icon Greenspan on effects of bank mergers
      245 11 LOS ANGELES Bloomberg THE recent spate of bank mergers should not hurt lending to US small businesses and communities, Federal Reserve chairman Alan Greenspan said on Monday. "It is far from clear that small business lending is, on net, harmed in any significant way,"
      Bloomberg  -  245 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      90 11 wk y, we asked ourselves, is tke ANA Hotel so popular with the business traveller? Perhaps it's the pleasant location, separated from Orchard Road and the Embassy enclave hy a cordon of trees. Yet only a moment's walk from the largest collection of orchids in the world, at the Singapore
      90 words
    • Advertisement
      Page 11 Advertisements Column 2
      168 11 ■f 1,. Wm& mh w X. WKE* -v' Begin your own tradition. The Patch Philippe men's Complicated watch ref. 5039 has our ultra-slim perpetual calendar movement that will automatically adjust for leap years until the beginning of the 22nd century. But whatever innovations Patek Philippe introduce, every watch is still
      168 words
Page thumbnail Page 12
  • EDITORIAL & OPINION
    • Article, Illustration
      Has EU lost interest in the East?
      746 12  -  THE BOTTOM UMB OPINION By Shada Islam The writer is a Brussels-based journalist who contributes to BT EUROPEAN Commission President Jacques Santer was in Tokyo for the seventh EU-Japan summit earlier this week but seemed to be preoccupied with the introduction of the
      746 words
    • Article
      IN OTHER WORDS
      97 12 'We have deflation in the auto industry in spades.' J&ckKirnan a car industry analyst at Salomon Smith Barney. 'Rather than hearing from IMF officials, investors want Indonesia to come out with measures that they can bank on.' -Walter Cheang managing director of the Canadian Imperial Bank of
      97 words
    • Article
      Waiting for the Indian elephant
      609 12 EDITORIAL EVEN as East Asia's tigers struggle to keep afloat in their worst economic crisis, India's economy —an elephant, as Prime Minister Inder Kumar Gujral puts it —continues to make steady, solid gains despite zig-zag policies compounded now by the uncertainty of the second general
      609 words
    • Article, Illustration
      Lock icon What made Asia crash
      909 12 Paul Krugman says risky bank lending caused asset bubbles that preceded the currency crises The Economist LESS than two months ago, US President Bill Clinton dismissed Asia's currency turmoil as "a few little glitches in the road". Today, no one is so sanguine. The collapse in
      The Economist; Source:; FILE PHOTO  -  909 words
    • Article
      WHAT THE OTHERS SAT
      838 12 Ksjorttystm trust rnpteh MOST basic economic textbooks give three main functions of money: as a medium of exchange, a unit of account and a store of value. These are functions that make money, in Indonesia's case the rupiah, acceptable as legal tender by people in this
      838 words
  • Page 12 Miscellaneous
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      883 13 Spg t zjxsc: ftreaik the ice with a conversation i piece from Sunday Gallery j H £S? a Sunday Classified special on antiques, collectors' M&l items, and arts crafts [catll 11T i j i» j A i teemed Diners Club Offers FREE Insurance To apply, call: Where to wine, dine
      883 words
    • Advertisement
      Page 13 Advertisements Column 2
      158 13 /I fotrtHfi y\a^Y ur CtMrtfon AT MANDARIN SINGAPORE Savour traditional Chinese New Year favourites with us as we usher in the Year of the Tiger this Lunar New Year season Call 831 6262 for more details. 133 Orchard Road. Singapore 23M67. Tel 737+411 L a eElzj you* fecH\ infe juccul«mV
      158 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      784 13 TV&RADIO «at Ivanhoe. Movie with Eng Subts). 3.40 China Time. (See Our Choice). :-T '"'Vsam 2.00 PM TV Innovations. Beverly Hillbillies. IL3O TV Innovations. K-C> .r *^tj 2.30 The Winners. 0.00 TV Innovations. 130 AM Close. 3.00 Money. Money. Money. V 1 I 330 Tech 2000. ■■■■■■MNMMI fr' W HL
      784 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      206 13 UKYPTIC CROSSWORD 1 Pub dates arranged in city (8) hi LmJ 5 Given assistance in exercise— carried round (6) 9 I I 9 End of semester in America (8) Instruments for measuring tances, we hear (6) fi Recommendation notice weakness (6) LbJ IJ—lav— 22 One responsible for passing driver on
      206 words
Page thumbnail Page 14
  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Getting personal with nutritionists
      829 14  -  More and more Americans are seeking individual attention for guidance on a healthier diet reports RBftOAW wat.ktrh REAGAN WALKER NYT AS Sally Peek moved into her mid-30s, she began to notice her weight creeping up. But it wasn't until a cholesterol test revealed an astronomical count
      NYT; FILE PHOTO  -  829 words
    • Article, Illustration
      Lock icon A nationalist strain emerges in Thai music
      644 14 MUSIC Traditional country music or Lok Thung pips Western pop AFP [BANGKOK] Luk Thung, Thailand's traditional country music, is making a spectacular comeback to the detriment of Western pop as the economic malaise coupled with a gust of nationalism sparks a return to
      AFP  -  644 words
    • Article, Illustration
      Lock icon To Che with love, from Cuba and Castro
      675 14 MUSIC Coban artists have compiled a tribute album for the Latin American rebel Reuters [MlAMl] With a resurgence of interest in Ernesto "Che" Guevara, capped by the discovery of his remains in Bolivia and their burial in Cuba, a tribute album for
      Reuters; FILE PHOTO  -  675 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      110 14 Victor Khar International Celebrity Series proudly presents: Beethoven, Liszt Prokofiev LIVE at CHIJMES Come hear the Great Belgian-American Keyboard Legend TeddJoselson celebrate these piano classics Beethoven Sonata Op 10 No. 2 Liszt Sonata in B Minor Prokofiev Sonata in No. BOp 84 Concert Dates Mon 19 Jan 98 (solo) Tues
      110 words
Page thumbnail Page 15
  • Companies & Markets
    • Article
      Keppel, Tat Lee banks merger may be just a prelude
      524 15  -  Analysts see new entity merging with DBS Bank and subsequently POSB Byi Conrad Raj [SINGAPORE] The merger of Keppel Bank with Tat Lee Bank could just be a prelude to a merger with a larger institution like DBS Bank or
      524 words
    • Article
      Keppel Finance and Tat Lee Finance to embark on merger too
      248 15 [SINGAPORE] Keppel Finance and Tat Lee Finance, following their respective parents, will also merge, creating Singapore's second or third largest finance house with shareholders' funds of over $500 million and assets of $2.2 billion. Only Hong Leong Finance, with
      248 words
    • Article
      Tat Lee says no layoffs in merger but analysts sceptical
      327 15  -  By, Abdul Hadhi [SINGAPORE] Tat Lee Bank (TLB) has assured its staff there will be no retrenchment in the proposed merger with Keppel Bank, even though banking analysts are convinced layoffs will be in order. In an internal memo relating
      327 words
    • Article
      Peregrine didn't learn the lessons from Barings
      756 15  -  HOCK LOCK SIEW Catherine Ong A WICKED joke making its rounds in Hongkong pubs has it that Andre Lee, the head of Peregrine Holdings' fixed-income business, is changing his name to Andre Leeson. The reference to Barings' rogue trader, Nick Leeson, was made
      756 words
    • Article, Illustration
      Soh Chee Wen deals: KLSE seeks details
      396 15  -  Brokers asked for transaction details, their exposures to him By Lee Han Shih ALL Malaysian stockbroking firms have been asked by the Kuala Lumpur Stock Exchange (KLSE) to provide extensive details of their exposure to businessman Soh Chee Wen. They have been given
      396 words
    • Article
      Cathay chief gets controlling UPP stake
      298 15  -  By Van Sreenivasan PRAJOGO Pangestu and President Suharto's son Bambang Trihatmodjo have sold their entire interest in United Pulp Paper Co (UPP), while the head of entertainment and property-based Cathay Organisation has emerged as a controlling shareholder of the mainboard-listed company. UPP notified the
      298 words
    • FOCUS: PEREGRINE DEBACLE
      • Article
        Tose blames rupiah plunge, aborted loan
        851 16  -  Peregrine founder refuted suggestions group had been too lax in credit controls By < Quak Hiang Whai [HONGKONG] THE founder of Peregrine Investments Holdings has blamed the sharp plunge in the Indonesian rupiah and an aborted bridging loan of US$6O million (*****.5 million) last
        851 words
      • Article, Illustration
        Lesson in crisis management
        732 16  -  COMXBMTABY Both Peregrine and the HE govt deserve credit for their swift and tongh action By Loh Hui Yin PEREGRINE Investments Holdings was to have celebrated its 10th anniversary this year, but instead corporate undertakers were sent in yesterday when the investment bank was put into
        732 words
      • Article, Illustration
        Lock icon Tose on why investment bank failed
        794 16  -  From' Qaak Hiang Whai in Hongkong PHILIP Tose, the 51-year-old former Formula 3 race car driver who built Peregrine into one of Asia's largest investment banks outside Japan, explains why the firm bellied up: What I am going to do is to go through
        AFP  -  794 words
      • Article
        Lock icon Templeton owns 10% of Peregrine
        191 16 Bloomberg [FORT LAUDERDALE, Florida] Templeton Investment Counsel owns about a 10 per cent equity stake in Peregrine Investments, one of Asia's largest investment banks which shut down on Monday, said a Templeton executive. Templeton, a unit of Franklin Resources, started buying Peregrine shares about four
        Bloomberg  -  191 words
      • Article
        Lock icon Liquidation filing may hit some US, German banks
        439 16 But asset sale may draw US banks, fond managers keen on Asian connections Reuters [NEW YORK] The liquidation filing by Peregrine Investment Holdings could impact banks in the US and Europe, analysts said. Analysts figured CS First Boston and First Chicago NBD
        Reuters  -  439 words
      • Article
        Brokers eye firm's Taiwan assets
        714 16  -  Cash-rich Taipei firms see acquisition as stepping stone to expansion at home and abroad From, Bruce Cheesman in Taipei THE vultures are already hovering over the assets of Peregrine's highly-profitable operations in Taiwan. Cash-rich Taiwanese securities companies, keen to expand their domestic and overseas business,
        714 words
    • COMPANIES
      • Article
        Alliance Tech in reverse takeover of Canadian firm
        379 17  -  Deal will swap Underwater World parks for 90% stake in CET and hinges on Nasdaq listing plan By] Diana Oon [SINGAPORE] Theme park and leisure group Alliance Technology and Development has embarked on a reverse takeover of a Vancouver-listed firm that will
        379 words
      • COMPANY Briefs
        • Article
          Nippercraft signs deal with Viging UK
          65 17 (SINGAPORE] Mainboard-listed Nippecraft has signed a two-year supply contract with UK-based mail-order supply contractor Viking UK The contract is expected to have a addition, Nippecraft will also be supplying its own brand of Collins stationery to Viking, estimated at a total of £1.3 million
          65 words
      • Article
        Corrections and clarifications
        57 17 IN a report on Monday, "Asia Food to go ahead with plan m to raise $225m10an,"8T quoted an OCBC Bank spokesman as saying that it will carry on with the raising of a S$22S million (US$l25 million) loan for Asia Food Properties. The bank has clarified that
        57 words
      • Article
        Lock icon UEM may sell stake in toll firm Plus
        182 17 Reuters [KUALA LUMPUR] United Engineers (M) Bhd (UEM) may be poised to sell a stake in its road toll operations to finance a US$5OO million (SsBB7 million) equity purchase, analysts said yesterday. UEM's move to buy a 32.6 per cent holding in
        Reuters  -  182 words
      • Article
        Lock icon Vincent Tan gets waiver from making general offer
        152 17 Bernama [KUALA LUMPUR] The Securities Commission yesterday granted a waiver from any general offer obligation to Vincent Tan and parties deemed acting in concert with him to purchase additional shares up to an aggregate of not more than 50 per cent of
        Bernama  -  152 words
      • Article, Illustration
        Lock icon Wing Tai in sound position: Cheng
        597 17 Chairman denies bankers withdrawing support, says group is comfortably geared Reuters (SINGAPORE] Singapore property developer Wing Tai Holdings has no problems with its bank borrowings and is comfortable with its gearing, chairman Cheng Wai Keung said yesterday. In an interview with Reuters, Mr Cheng
        Reuters  -  597 words
      • Article, Illustration
        Lock icon Asian turmoil hits Motorola
        367 17 It posts Q4 earnings of USs32lm, below analysts'forecasts Reuters [CHICAGO] Technology giant Motorola on Monday reported fourth-quarter earnings below market expectations and said the economic turmoil in Asia that hurt the quarter will likely to continue to have an impact through the first half of 1998.
        Reuters; Source: Bloomberg  -  367 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Sugar traders worry as crisis dents Indon demand
        413 18 Desperate bid to sell Thai sugar; Indon imports expected to slump this year Reuters [GENEVA] South-east Asia's financial problems are rattling the sugar market as Western trade houses try to offload large volumes of Thai sugar looking for a new home in
        Reuters; Source: Bloomberg  -  413 words
      • Article
        Lock icon Silver drops 3 % amid talk of speculators hoarding
        425 18 Silver drops 3 amid talk of speculators hoarding Allegations of USs2.7b hoard; market manipulation suit expected soon Bloomberg [NEW YORK] Silver's decline of almost 3 per cent to a fourweek low on Monday came on expectations that a lawsuit may soon be filed alleging that speculators have hoarded as much
        Bloomberg  -  425 words
      • Article, Illustration
        Lock icon Afghanistan's paper trial
        81 18 [KABUL] Money traders in the Afghan capital Kabul squatting next to a pile of banknotes in the central currency bazaar on Monday. Afghanistan has two currencies, both of which are called the afghani, but a subtle printing difference betrays the type used in the anti-Taliban alliance controlled
        AFP  -  81 words
      • Article
        Lock icon Crude for Asia being diverted to Europe and S Africa
        240 18 Reuters [SINGAPORE] A large volume of Middle East crude, normally imported by Asian countries, is heading to other areas of the world as regional demand gets reined in, traders said. Technical price factors were also promoting the sales of the
        Reuters  -  240 words
      • Article
        Lock icon Nations Bank profit up 30% to US$3b
        333 18 US hanking giant reaps dividends from recent acquisitions Reuters [CHARLOTTE, North Carolina] Nationsßank Corp posted a sharp rise in profit last year, reaping the dividends from recent acquisitions and its expanding investment banking and brokerage operations, the banking giant said on Monday. The
        Reuters  -  333 words
      • Article
        Lock icon Morgan Grenfell to lose name in revamp
        222 18 FT [LONDON] Deutsche Bank is planning a shake-up of its investment banking business which will see London-based Morgan Grenfell lose its name and much of its autonomy. The German bank would combine its own corporate banking activities with Deutsche Morgan Grenfell. It hopes
        FT  -  222 words
      • Article
        Lock icon Oil gets respite from new Iraq row
        260 18 ENERGY REPORT Reuters (LONDON) World oil markets came up for air yesterday after plunging to a 45-month low but dealers said oil producers had good reason for concern that crude could stay in a trough for some time to come. London February Brent
        Reuters  -  260 words
      • Article
        Futures up on recovery in US and HK
        156 18  -  MSCI TAIWAN FUTURES -By Ric Trotta Ric Trotta, Floor Manager, Refco Singapore Pte Ltd (SINGAPORE] The Simex MSCI Taiwan Stock Index futures rallied yesterday behind rebounds in the US and Hongkong stock markets. The January contract rose 9.1 points at 304.0 while
        156 words
      • Article
        Lock icon Gold off Asian lows, palladium strong
        273 18 Reuters [LONDON] Gold rose from early Asian lows yesterday, helped by strong physical demand, as palladium continued higher on the back of worries about deliveries from Russia. Gold fixed firmer at U*****.05 an ounce in the morning, up on Monday afternoon's U*****.90, after spot
        Reuters  -  273 words
      • Article
        Lock icon CURRENCY REPORT
        283 18 AFP Reuters THE US dollar eased against the yen yesterday afternoon due to a rally of Asian markets. The Hongkong, Seoul, Tokyo, Jakarta, Singapore and Kuala Lumpur stock markets all rallied, leading to an uptrend for those countries' currencies. At 1255 GMT, the dollar was at 131.73 yen
        AFP; Reuters  -  283 words
      • Article, Illustration
        Untitled
        1165 18 nrrBEBAMKOQ88EATB8 Jan 13 A$ C$ !■> CCU FTr Pi MK$ hrttalUfc V W 1 IHSNfcte Hm Bwi Hr KT> PW< W$ SS 0ow 6J78 0 599 3904 1166 4.997 25? ***** 0148 ***** 2.94* 1126 2*234 ***** 1137 3.180 0tM5 22.*****100 0293 0J40 CMtfi LOW L783 0142 4.250 1269 5.396
        1,165 words
    • Article
      COMMODITY PRICES
      1609 19 SICOM FUTURES j an i3 N66E1 (Mares dariaaaa at SJQpa) ISSICONTIACTffcMtsAo CtOM Vatana Opan MgMt W» low Satt (to—» Intaraat Fafc 96 1*25 250 iter 96 119.75 119.00 119.75 350 495 Apr M 123.00 122.50 122.00 300 3700 May 98 123.00 122.50 ***** 300 3700 Jan 96 *****
      1,609 words
    • Article
      WORLD STOCK MARKETS
      2225 19 I tytTTTft J»P Ntt *h atcroHp 514 a AS Pom 282.600 .200 AMwy National mi 261/2 AMadDomacq 529 -1.400 Amac 113 -I Asd* Group 164.400 1.200 BAT M 564 *2 BGPtc 304 3 BtCC 162 unch BOC Group 883.400 -14 BR Prtrotoum 791.400 22.400 BTR 169 -3
      2,225 words
    • Article
      Lock icon TOKYO
      1657 19 AFP Q Nikkei 22S +ILSO SHARE prices rebounded yesterday, aided by a recovery in Asian share prices and uninterrupted by a hostage-taking in the stock exchange, brokers said. The 225-share Nikkei Average rose 91.50 points to 14,755.94. The broader Topix Index rose 1.01 at 1,121.62. Turnover totalled an estimated
      AFP  -  1,657 words
    • Article, Illustration
      Lock icon HONGKONG
      1472 20 AFP Q Bug Seng +M6J4 SHARE prices surged 7.4 per cent yesterday for the first gain of the new year, rebounding from a steep plunge the previous day on the back of Wall Street's resilience. "The market has performed well in a technical rebound, following overnight gains on Wall
      AFP  -  1,472 words
    • Article, Illustration
      Lock icon CHINA
      618 20 AFP UShanhaiß Indei ♦UP SHENZHEN'S B Share Index offset morning falls yesterday to close 1.63 points higher at 79.61 on turnover of HK$26 million. Analysts said B shares were buoyed by a strong rebound in Hongkong. The A Share Index fell 23.66 points to 399.13 on turnover of 9.3
      AFP; Source:  -  618 words
    • Article
      Lock icon TAIPEI
      377 20 AFP QWPlafax +138J0 SHARES rallied 1.9 per cent yesterday, buoyed by an overnight rise on Wall Street and a rebound on the Hongkong stock market, dealers said. "Investors regained confidence after the gains on Wall Street and the Hongkong stock market," said a trader. The Weighted Price Index rose
      AFP  -  377 words
    • Article
      Lock icon WELLINGTON
      246 20 Bloomberg F1 Wellington »IJI SHARES rose slightly after the IMF refocused attention on the nation's burgeoning current account deficit and as concerns linger that Asia's woes will result in lower corporate earnings. The benchmark NZSE Top 40-share Index rose 1.69 points to 2,214.52. Bloomberg jm o «a cmm AN2
      Bloomberg  -  246 words
    • Article, Illustration
      Lock icon BANGKOK
      834 20 AFP [Hj SET Index *179 STOCKS rallied yesterday in the wake of positive current account figures and as markets around the region took heart from overnight gains on Wall Street. The SET Index rose 9.79 points to 348.96 on volume of 2.2 billion baht. Risers beat falls 167 to
      AFP  -  834 words
    • Article
      Lock icon SEOUL
      411 20 AFP |H| Composite lain +7J54 SHARES rose yesterday, reacting positively to IMF chief Michel Camdessus' display of confidence in the recovery of the economy, dealers said. Continued buying by foreign investors spread gains to all sectors, they added. Mr Camdessus in a press conference here said that negotiations for
      AFP  -  411 words
    • Article
      Lock icon SYDNEY
      586 20 AFP Q&UOrdmuias +22J SHARES rallied yesterday as buyers returned on the strength of better Asian markets and the overnight Wall Street rise. "We're just back to where we should have been yesterday," a dealer said. "Buying of shares in companies exposed to Asia had corrected some of the over-reaction
      AFP  -  586 words
    • Article, Illustration
      Lock icon JAKARTA
      678 20 AFP P Composite lain +3L90 SHARE prices rose in heavy trade yesterday, with the market buoyed by ongoing talks between the government and the IMF, dealers said. The Composite Index rose 31.90 points at 382.14. Turnover was 603.6 million shares worth 745.1 billion rupiah. Indosat and Telkom led the
      AFP  -  678 words
    • Article
      Lock icon MANILA
      292 20 AFP nMimU *58w02 SHARE prices closed 3.8 per cent higher yesterday due to bargain-hunting in an oversold market. The PSE Composite Index rose 58.02 points to close at 1,590.99. Turnover was 2.1 billion shares worth 1.3 billion pesos. Manila Electric Co saw its A shares rise 2.50 pesos to
      AFP  -  292 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8811 21 jHHUTIW/Mf ConsMWf products INt Lift Vol Day Ntt Cap Mmi Laar Cmmm M« 'OOP huh Uw Ptl >■* 210 ISO A|lnomoto 210 10 8 210 190 n.6 85.1 90 5 73 Anqkasa 82 7 96 82 75.5 19 120.9 160 123 ApoNo Food Hlg 140 16 16 150 135 4.1
        8,811 words
      • Article, Illustration
        Lock icon Shares close higher on regional leads
        508 21 AFX-Asia QCompositehda +2&32 SHARE prices closed sharply higher yesterday, led by advances in other regional bourses and currencies, and, in particular, some easing of tension in Indonesia, dealers said. The KLSE Composite Index rose 26.32 points at 503.89. The Emas Index rose 5.47 points
        AFX-Asia  -  508 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3540 22 if BMM, LOANS i VAMAMTS m 1997/98 Last Val Day Last Owata A»« High Law St no Campany SaM *ar- COOOI High Law Buyar SaHar Prtea 68 10 m 3000 m AMOB CS.5H*****6 -ag) unch 1 WW 8.5 13 81 8 3180 *Acar ******1 US$ T».5 *0.5 62 9 8.5
        3,540 words
      • Article
        TA wrt: downside limited at 5.5 sen
        218 22  -  WARRANT WATCH -By R Sivanithy AT CURRENT levels, the amount of capital needed to punt almost every other counter is not much one needs only to risk a few cents. There is a feeling that players are slowly coming round to this realisation
        218 words
    • Article
      CLOB INTERNATIONAL
      2241 22 Transaction Date Jan 13 MALAYSIAN STOCKS Cf 0€ 1997/96 Last V* Day Laft Ovate H> Ok W M M Cap MM» t— Mm Ciwnny *h fOOO) HH» Law Bvyr 1—w Cur E/t 478 28 m s 5000 AISB 50c 315 *53 295 315 303 315 34 5.0 3J
      2,241 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1754 23 TUMOVtl COOO) VALUE OOO) cm rmm mow o»* th* tadu»trUi 171.423 32.280 203,703 287.262 11.048 296.310 Firnoct 34,944 19,726 54,672 1CU82 1.098 192,379 Hetatl 7,763 *63 6.620 *.130 162 8J91 Pr«««rttM 59.071 6.610 67.6*1 132.596 1.460 134,067 W**6«lo<i UT7 2jm 1,723 1.723 MMnq 336 336 104 104 M.W 5,760 11,069
        1,754 words
      • Article
        MAIN BOARD
        5171 23 Transaction Date: Jan 13 Gr Gr M Wt 1997/9® Last Vol Day Last Quote Dlv Dlv YW Net Cap Avg High Low StN« Company Sale COOO) High Low Buy*' SoHor C'*r P/l tmll Price INDUSTRIALS 157 18 5 o 1020 ACC Dynamlcs60c 18.5 -0.5 168 20 18.5 18.S
        5,171 words
      • Article
        SESDAQ
        1180 23 (r Or M Wt 1997/98 Last Val Day Last Ouota Dtv Dtv YM Nat Cap Av« H)> Lw MW» Camjamr Ml fOOOt l*l> L— Bayar lilr Cw Wt $mM Pitta 186 76 a 2000 A8R Htdgs 5c MX 92 KM 1.0 6.0 02 144 3 44.9 101 448 76
        1,180 words
      • Article
        Untitled
        223 24 Stacks Volant Wing Tai 25c 31.677,000 GuthrieGTS 20c 26,489,000 DBS Land 23,663.000 ST EngglOc M,206.000 HK Land USIOc 12,808.000 SingTel 15c 10,520,000 Keppel Corp 8,866,000 City Dev 50c 8,628,000 *MBf Capital 8,536,000 UOB Foreign 8,393,000 SkadB UOB Foreign 50,525.040 OCBC Foreign 50,019,903 City Dev 50c 41,349,181 DBS Land 40,458,468 SPH
        223 words
      • Article, Illustration
        HOT STOCK
        57 24  -  -by Saiv Taneja GUTHRIE GTS closed 4.5 cents higher at 24.5 cents on a volume of 26.5 million shares yesterday, compared with its IMay traded average of 166,000 units. In the near term the share price could rise. However, any increase is likely to be short-lived as the
        57 words
      • Article, Illustration
        Singapore stocks regain 7.7%. with volume to boot
        707 24  -  STOCK MARKET COMMENTARY First rise this year helped by New York recovery, strong Indon rally, news of Keppel-Tat Lee merger R Sivanithy [SINGAPORE] The local stock market rose for the first time this year yesterday, after Wall Street managed to avert disaster
        707 words
      • OH THE GRAPEVINE
        • Article
          Call zone
          213 24 REMEMBER the software fault In one of Singapore Telecom's routing stations on Nov 28 last year that caused an island-wide breakdown in mobile phone and pager services that lasted all of five frustrating hours? Well, SingTel's sleuths have just about nailed down the factors that could have led
          213 words
        • Article
          Temporary market core
          73 24 THE coming Year of the Tiger does not look like it will be a good one, what with the state of the financial markets. The regional currency turmoil has spawned a host of problems, anxieties and headaches to market investors and participants, and looks like continuing into
          73 words
        • Article
          Sirens reliever
          65 24 THE regional bourses are crumbling around us and Asian currencies are flailing about crazily, so how about a stress-relieving handy motorised comfort massager for the harried executive. Excel Machine Tools understands. At its press and analyst briefing on Monday, it gave out a massager "as seen on TV,
          65 words
        • Article
          Merged in the USA
          100 24 WHILE Asia is crumbling around our ears, here is some positive news from across the oceans. According to IFR Data Securities, the total domestic (in the United States) merger and acquisition transactions exceeded US$9l9 billion (551.62 trillion from more than 10,700 deals in 1997. This contrasts
          100 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      102 15 CTSjCO EGB HMiam:[yrr»v SM!) raUK ~~y W; pZ y j uj.i ■JI0 1 mr> h^^M'/ i:i if*, l 2 Our comprehensive range of financial services is designed to provide real value to you. Individually designed to meet your special circumstances, our flexible terms and very competitive rates will help A
      102 words
Page thumbnail Page 16
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      134 17 133 •3• 19 top rzxz>xrl WL~ "When I first started talking about firewalls," AX* says Dmttal's Dr. Brian Raid, "pMfll I Mr I h mortar, not computer code. We built the first J C 3L ♦I 2 12*7 c~ Internet firewall for ourselves back in '83 so we I •■V'ffi
      134 words
Page thumbnail Page 18
  • Page 18 Advertisements
Page thumbnail Page 19
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      43 20 f advertisement in Ding dong/\ /a nice surprise. J The Straits Times Classified. J owers you^^ V bouquet of flowers >s girlfriend. U 1 ~M 1 BIUMM 0T S6lHnfi thPOUtfh \J»^T') The Straits Times Classified is child's Play. ——Call C.A.T.S. at 1800-737-U66.fi I
      43 words
Page thumbnail Page 21
Page thumbnail Page 22
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      73 23 calling about See...l told The card we're the computer I y° u this was a z' f making for Susan J I advertised in Z deal. Yup, we got what Vis going to be J V The Straits Times J f J* S we wanted because real nice! chTpJ rf
      73 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      353 24 BUSINESS Notices To advertise call toll-free 1800-741 1883 IN THE MATTER Of THE COMPANIES ACT, CAP.SO AND BAYU BUANA TRAVEL PTE LTD (Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company deemed to be held on 6 January 1096, the following resolutions were duly passed: 1. SPECIAL RESOLUTION
      353 words
    • Advertisement
      Page 24 Advertisements Column 2
      295 24 IL£M«TJlBank I Keppel Bank of H Singapore Limited H Announcement I Foreign Shareholdings H Pursuant to article 44(4) of the Bank's Articles of Association, Keppel Bank of Singapore Limited hereby announces that as at 31 December 1997, the percentage of foreign shareholdings in its issued share capital was 10.51 This
      295 words
    • Advertisement
      Page 24 Advertisements Column 3
      518 24 IN THE MATTER OE THE COMPANIES ACT, CHAPTER 5« AND IN THE MATTER UE STANDCOTE TRADING PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extra-ordinary General Meeting of the Members of the abovenamed Company, duly convened and held at 110 Middle Road. •05-00. Chiai Hong Building. Singapore *****8
      518 words
    • Advertisement
      Page 24 Advertisements Column 4
      213 24 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF CAMPOIONGHI FAR EAST PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Cap 50. that the FINAL MEEnNG of the members of the abovenamed Company will
      213 words
    • Advertisement
      Page 24 Advertisements Column 5
      52 24 Buy It. Sell It. Find It. Classified. CAT AI Call Today For Results Tomorrow. 1800-*****66 BUY,* SELL* FIND.* Classified ads put home-seekers on solid ground. No matter what it is, you can always buy it, sell it or find it with the Classified. TOLL F»1 1800-737-1166 fcJ Coll Todoy For
      52 words
    • Advertisement
      Page 24 Advertisements Column 6
      274 24 THE COMPANIES ACT, CAP. 50 JWOODS INVESTMENT PTE LTD <l> Liquidation) Al an extraordinary general meeting of JWOODS INVhSTMKNT PTh LTD duly convened and held on the 9th January. 199* the following special resolutions was passed SPECIAL RESOLUTIONS I That the Company be wound up voluntarily pursuant to section 290
      274 words
    • Advertisement
      Page 24 Advertisements Column 7
      340 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 PRIBIL INVESTMENTS PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 2nd Floor. 28 42 Ventor Avenue. West Perth. Australia on 7 January 1996. the following resolutions were duly passed 1. SPECIAL RESOLUTION
      340 words
Page thumbnail Page 25
  • Shipping Times
    • Article
      Lock icon DAILY FREIGHT
      305 25 Bridge News Reuter RATES slipped 50 cents on the key Panamax US Gulf-Japan grain route in an essentially sluggish start to the week, while rates in the east could drift lower, brokers said. Significant market trends have yet to emerge but with more ships available in the east
      Bridge News; Reuter  -  305 words
    • Article
      MARITIME STOCKS
      272 25 CWT DMrtuMan... 0.435 *0,025 94 CMRtM 0.40 -OXM 88 fia»tMMtmant 0.73 fraMtfUnta 0J9S unch 197 QtilSlo 0.28 +OJOB 90 H«SW»H5 044 -001 318 HtttcM Zomt au *002 308 MCHoMnft MK 5.60 JtrlHMhfl 034S utvcft 59 Juronq Shipyard 8.90 *0.40 130 KappalCarp £48 *030 8788 KWWTLS 3.94 *020 140
      272 words
    • Article, Illustration
      Lock icon Asian ports defied 1997's tide of economic slowdown
      716 25  -  Strong showing from PSA, KeUng ami HK; but too soon to judge impact of tnrmoil By. Felix Chan [SINGAPORE] Ports in Asia put in strong performances in 1997 amid the regional financial crisis which set in during the second half of the
      FILE PHOTO  -  716 words
    • Article
      Lock icon Sri Lanka port lease to go to P&O joint venture
      255 25 USs2oom expansion of Qneen Elizabeth Quay to begin in 1999 Journal of Commerce [COLOMBO] Mohammed Ashraff, Sri Lanka's Ports Development Minister, said that the government plans to give a 30year lease on the Queen Elizabeth Quay (QEQ) to South Asia
      Journal of Commerce  -  255 words
    • Article
      Stringent checks needed when financing dubious owners
      743 25 STRAIT TALK AT gatherings of shipping folk, Philip Rankin delights in announcing, "I run substandard ships". That is of course a guaranteed way to raise eyebrows and attract attention. Mr Rankin's organisation, Maritime Risk Management (MRM), is indeed an operator of substandard ships.
      743 words
    • Article
      Evergreen unit makes S'pore hub for India feeders
      380 25  -  Uniglory goes into India via. feeders over S'pore, Colombo, UAE By Marcus Hand [SINGAPORE] Uniglory Marine Corp is to use Singapore as a hub for its new feeder services to the Indian sub-conti-nent. Uniglory, a unit of Taiwanese shipping giant Evergreen, is
      380 words
    • Article
      Lock icon Europe fears S Korea may use IMF aid to benefit yards
      153 25 AFX-Asla [BRUSSELS] International Monetary Fund aid to South Korea should be hedged with conditions to ensure it is not used to support "aggressive" shipyard capacity, European shipbuilders urged in a statement The committee of EU shipbuilder associations said that
      AFX-Asla  -  153 words
    • Article, Illustration
      Maritime sector holds the key
      1067 26  -  GIBRALTAR LOOKS TO THE FUTURE It has yet to capitalise on its good harbour on a busy waterway and shipyard experience servicing the Royal Navy From! David Hughes in Gibraltar FROM a Singaporean viewpoint, Gibraltar's maritime potential has a very familiar look to it. Here
      1,067 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      339 26 PACE EuroHansa 6 ANL 3 Evergreen 6 Accord 8 FLBriqht t5 Ahrenkiel 14 Farwide M Appenshtp 5 foonqSun 8 AsiaOCL is Frota 15 Astro 3 Frt Links 16 Austral 9 Clink 4 Avant 16 Gemartrans 8 B'tang Mas 8 Genshpg 9 BSA 7
      339 words
    • Article
      Shipping Guide
      18401 34 thebusinesstimes THEBUSINESSTIMES EXPORT ETA ETA Advartlsar VMS* Voyag. Taiaphon# ETA ETA Adwtiwf V«i« Voyaga 7aiaphcna SIN Dasfn Nam* Nama NumOar Numtm SIN Oastn Nam. Nam. Numbar Numter To BRISBANE (BNE) 205B A Queensland, Australia lb ABIDJAN (ABJ) 2003 m/oi 13/02 cosco song nc ohsm 45-22*1100 Ivory Coast, Cote
      18,401 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        822 41 Vessel Voy No Berth Arrival Departure Artta MM *9001 JU '"MO akxnw* a !Y?H» BMcacstr* 22 JOS #onqv<* ROV2300 mES mm M a*-** rovoooo M Imm ma ****** JOt jtwUBdt f°1/2300 tt Norma JAH13 J01 3 2K"" BttfmCt6S7 *****6 *1 R0V05Q0 J 0101* J01 alar*** !^SKS?22 It Sar
        822 words
      • Article
        CONTAINER SCHEDULES
        1789 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/BoUnco Rstls Ship Voy No Etb/Btr Period From To From Ml Uwndtf 033* 1S/U00 14 13/1500 tl/MS* 11/1*00 n U/1500 U/145* 13/1900 a 13/1700 14/0459 14/0*00 20 13/1700 14/045* 14/0*00 14/0700 14/TI5* 14/1400 4 14/1200 14/145* 14/1700 taim ooS warn
        1,789 words
      • Article
        GLOBAL HOLIDAY
        215 41 Ju IB Japan: Adults Day. Jan 10 United States: Martin Luther King Jnr Day Washington's Birthday holiday. Jan 29 Australia: Australia Day Holiday. Jan 27 China: Chinese New Year Eve. Hong Kong: Lunar New Year Eve. South Korea: Lunar New Year Eve. Taiwan: Chinese New Year Eve. Jan
        215 words
      • Article
        COCKETT BUNKER MARKET REPORT
        869 41 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        869 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        499 41 Carbon ISO Ml 989 8 0.4 S.4 0.M 5T 0.05 JMt DtMlli Nater Residue A* tttmm* No aboM E25 0 0 2 -2 0 0 380 Ave 984.9 0J U.I 0.07 20 0.02 uZ 380 M*i 990.6 0.7 17.4 0.13 <7 0.06 WM'1 %m/m mi 1>H
        499 words
    • AIR ' LAND TRANSPORT MEWS
      • Article
        Lock icon Airbus shoots down Boeing's figures
        370 42 Reuters [PARIS] Europe's Airbus Industrie consortium swooped on Monday to attack 1997 sales figures released by US rival Boeing Co, part of the aerial combat fought between the two plane makers over market share. Airbus and Boeing regularly issue conflicting claims over market share. Boeing
        Reuters  -  370 words
      • Article
        Philippine Airlines cancels orders for 4 Boeing 747s
        435 42  -  PAL joins growing list of carriers to suffer credit crunch dne to currency woes By\ Felix Chan [SINGAPORE] Philippine Airlines (PAL) joins a growing list of carriers rattled by the current economic turbulence in the region, cancelling plans to buy four Boeing
        435 words
      • Article, Illustration
        Lock icon Close brush with heavy snow
        97 42 [SAMSUN, Turkey] A RJ-100 passenger plane of Turkish Airline (THY) resting off the runway of the airport in Samsun (northern Turkey), on Sunday, after it crashed in heavy snowfall and limited visibility. The plane, carrying 73 passengers and crew from Istanbul to Samsun, was on
        AFP  -  97 words
      • Article
        Lock icon Cathay Pacific had 7.9% fewer customers
        209 42 Bloomberg [HONGKONG] Cathay Pacific Airways Ltd, Hongkong's main airline, said passengers numbers for the first 11 months of last year fell 7.9 per cent as tourism arrivals to the territory slowed. The airline, whose stock has tumbled 61 per cent in six months, is
        Bloomberg  -  209 words
      • Article
        Lock icon Investigators having difficulties reading Silk Air flight recorder
        320 42 Reuters [WASHINGTON] Investigators probing the Silk Air crash in Indonesia last month have been frustrated by difficulties reading the flight data recorder, Aviation Week reported on Monday. US and Indonesian investigators working in Washington discovered they were unable to retrieve any data
        Reuters  -  320 words
      • Article
        Lock icon IBM warns of millennium bug in FAA computers
        450 42 FAA tries to predict problems instead of replacing computers NYT [WASHINGTON] A set of crucial computers in the US' air traffic control system should not be used beyond December 1999, because they may not operate reliably when the date rolls over to
        NYT  -  450 words
      • Article
        Lock icon Renault expects profit for '97
        288 42 Bat said cashflow won't cover 100% of investment Reuters [PARIS] The chairman of French carmaker Renault reiterated in an interview published on Monday that he expected to report a profit for 1997 but said cashflow would not cover 100 per cent of investment. "We said
        Reuters  -  288 words
      • Article
        Lock icon Work on Guangzhou's new airport to begin by year end-
        151 42 AFP [HONGKONG] The southern Chinese metropolis of Guangzhou is to start construction on the country's largest new airport by the end of the year, it was reported yesterday. The new 20 billion yuan (554.3 biUion) airport, which won the final
        AFP  -  151 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1715 42 cmr rum eta fu6*t no Aba MwM 0*154 1725 0*157 2025 Fraatfart DL2S 0455 Of05 22SS S0230 mo "T W25 0655 0126 2355 LH7M 1645 $024 2355 iatltf<M SO327 0820 S0328 2330 Ofi *40 LH7«7 2359 ——jy yg »m m m m MM N***** 2045 N*****
        1,715 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      22 25 Gibraltar looks to the future It has yet to capitalise on its good harbour and experience with the Royal Navy. Page 2
      22 words
    • Advertisement
      Page 25 Advertisements Column 2
      33 25 Philippine Airlines canods orders for 4 Boeing 747s It joins list of carriers hit by a credit crunch. Back Page wms wmm IBM Siria««U»v;,.;; <Zs&Aoc*a/t* *f|l| p§ ONO fSSSooo EAsrS^vSS^MWAMt SSSSd %«i!Sy f4
      33 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      1165 26 I EXPORT I I OTHER DESTINATIONS I DIRECT TO WEBT COAST if WEST COAST,OF CENTRAL AMERICA (MARGARITA SERVICE) Vgsa VOT ETA gM ETPSM m OAK vq sa DAi HOU OK NT RBOCOOTT ws«i Tm Mi namriM. kajwu n uumi mbmvmtma u 10—00 <MMk cm s'sur™ as as as sasasasasas as
      1,165 words
    • Advertisement
      Page 26 Advertisements Column 2
      666 26 Lines services represented w (fWWt) Mem t> e ''S o< the Registry erf ,SM» Accr Mitea Shipping Agents, Association Singapore Shipping Association sailing schedules around Asia. Place an ad in... SffIPPINGTIMES Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 Jopon 2 k Hongkong •1 Monjjo •1
      666 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      1039 27 TO EUROPE FROM EUROPE jvssa VOY SM ITM HAM MY SOU L 0« VBSH VOY *T* HAM KV SOU UH KG SM DANUIf SO2S IS/01 05/02 03/W 07/ M IASSW UV IS/11 2J/U M/ll 14/01 IS/01 TYW 1020 14/01 01/02 03/02 06/02 07/02 MAAS *****1/12 30/12 02/01 03/01 20/01 Afl
      1,039 words
    • Advertisement
      Page 27 Advertisements Column 2
      2206 27 OHANJIN SHIPPING USA CANADA* Fwva/vor [ua| sm ummau/vot su 1 mi do Si oi mr m off wi nt km ra m m m |»/QI "w/oT" M/W~ 07/91 M/W 00/W M/W M/W 10/W 11/W 11/W 11/W 12/W M/M 12/ M 12/W H mWrKOfffiMK 23/oT 25/01 13/07 14/W 15/02 15/02 U/02
      2,206 words
    • Advertisement
      Page 27 Advertisements Column 3
      106 27 frrey 1 ORIENT EXPRESS UNES (U.K.) LIMITED OlL£. (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VtSSli VOY SINGAPORE jQHttAY VKSiI VOY IOMMY SINGAfOtE ALBERT BRIDGE 010 16/01 25/01 ALBERT BRIDGE 009 04/01 16/01 NORDKAP 422 19/01 28/01 NORDKAP 421 07/01 19/01 SINARTOBA 222 23/01 01/02 SINAR TOBA 221
      106 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      1226 28 <7r DSR-SENATOR in Round the World Container Services j§tE>IJ&€OIffINENT FROM UK/CONTINENT \rn—> Iwt mla law I ami HAM Iw» Ifu llvosa Iwt litH HJ I in» Iwv I ham [aT] if ITF rc na mc hc mm pb krunsenator euti mi mi nil 2112 tim w r MM M B
      1,226 words
    • Advertisement
      Page 28 Advertisements Column 2
      1137 28 YML Internet Web Srte http: //www.yml.com.tw lILI ft*-"*! l/MIH/il'l THI'M'WJJH H>? n/l'infiJMJmJ'lJ miHJIHI TwiciiiifflaYwaYTHuwoAY/suwAY VESSEL VOY SIN CMB RTM HAM FIT lEH ANR MALACCA BR ABO2W 16/01 20/01 07/02 05/02 04/02 16/02 MING EAST JBO2W 18/01 04/02 06/02 07/02 09/02 MING SUN ABO3W 23/01 27/01 14/02 12/02 11/02 16/02 RHEIN
      1,137 words
    • Advertisement
      Page 28 Advertisements Column 3
      450 28 LINE TIL* MIMS* MXi HSIIIS I MUARA 1 1 LABUAN vcsa vor no ha vßsa voy no ru SFOW MlAftA STOW UN inosra vox/w is/oi u/oi ipoosfb voa/n is/oi u/oi Arttootr vox/w u/oi 21/01 apwlgukt vox/w i»/oi a/01 J. ftOSFB VOX/W 24/01 27/01 IFKKKI VOX/W 24/01 20/01 ARtGUXT VOX/W 27/01
      450 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      1318 29 lv«8m VOV I SIN I BKK POU PKO PEN BtW BUR BA I BIK IRAN TEYFOURI PJL-1267 09/01 18/01 IRAN TAKHTI PJL-1206 14/01 22/01 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 IN
      1,318 words
    • Advertisement
      Page 29 Advertisements Column 2
      2371 29 MCimiM CABM ra/PKOM < 1 SHIKOU A HUANGPU i mam pi na saium I I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: ***** M OUTWARD (B/L) I^^™^! COSTAR SHIPPING PTE LTD #17-O«DISILDG SAUS/MGS 420St4i/43 INWARD NTT (0/0) *****8S COSTAR AGENCIES (M) SDN BHD CRNO: 117a7MOOOOM *****50/55 T/SHHITPEPT
      2,371 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      1113 30 riSTI RM ANN HOG THP ZEE LHV LHV THP ROM ANW MSG PKL MP E. RACER RW-620 17*1 66*2 11*2 67*2 66*2 16*2 11*2 E. GUEST RE-662 2*ll 2V12 26/12 16*1 E. DECENT RW-002 24*1 IMB 16*2 14*2 16*2 17*2 16*2 E. GENERAL RE-667 Wl2 21/12 31/12 62*1 26*1 27*1
      1,113 words
    • Advertisement
      Page 30 Advertisements Column 2
      845 30 WSK~ I~IV/V~ I SBth (DM) Sltl7? MAMLA: (832) oiaflWl W V PENAMQ: (Dt) 2M9453M BANGKOK; (MB) *****87 SURABAYA: <31)*****0 ft KELAWQ: (01) 3363T7 JCE <2t) WQW# MP* <61) *****3 TYO/YOK/OSA/UKB USA MV "SEA RANGER" V.N534 MV "HANJIN WILLMINGTON" V.002E ETA SIN: 17-1-98 ETA SIN: 20-1-98 MrnittPW/HMUHJRO AUCKLAND MV "PUNJAB SENATOR"
      845 words
    • Advertisement
      Page 30 Advertisements Column 3
      405 30 r*a> NANTAI LINE FULLY CONTAINERISED SERYKE TO MAURITIUS SOIITN AFRICA VBSa VOY I SM I Wll I PUI I CFT I I/Mr" muinawßs ous 23/01 v/m 11/n mmouai oks ?vdi nm wn w/tt mroWttM 0035 04/02 ivw M/K RMWIPRA6OR QMS W/02 U/W 2</D2 2R/02 mmiWMlg QMS lt/B jMB maiwws oks
      405 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      543 31 BSA x M MYANMA iHBBk FIVE STAR UNE r (Myanmor National Um) Loading for Yaagon (Rangoon) VKSfL VOY SIN PNG PW PGU HAKHA 412 M PT SA6AMG illH 14/01 MALAYSIA AG4NTS: KXISTIAD SHIPPING AGENCIES KUL m 02-03-2417)00 PKL Til 02-03-*****01 PQt IU 02-04-*****02 PGO; TU 02-07-*****21/4 BANK LINE (A Mrvic*
      543 words
    • Advertisement
      Page 31 Advertisements Column 2
      1217 31 A HYUNDAI MERCHANT MARINE GO. UD. (vbhl votlswl hh I ra I amt 1 haj» I m I m Ivissa vot Ihh mi ham re I awt itb |SM I HY ItMIAL io/W il/oT" "OS/M 04/02 M/ 02 M/ 02 01/01 11/ M MY NKMNBS JO4I 25/12 20/12 M/Il 30/11
      1,217 words
    • Advertisement
      Page 31 Advertisements Column 3
      606 31 nonjglan spaciofaed outooamen SSfef VSCT Q)©§(°J(£ TO NORTH AND LATIN AMERKA vissa [~voy ramp moght sm |uu au. mu sav mi otf nyc ikw not TOAS »155 400 Tnh "OS 1W *****" TI7ST" TT7ST 5575F Is7oT B7oTIW WoT *****" TOM FOO3 400 Imh 4JM 29/01 25/02 05/03 01/03 10/03 12/03
      606 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      928 32 IAHOKOK/LAIM CHAIANQ JAKAWTA/PANJAHO vessel voy sin bkk lch vessel voy sin jkt pjn MATHU BHUM 3MN In Pt 18/01 XETHA BHUM 223S 18/01 17/01 IMP OCEAN 0CN046 In Pt 17/01 XETHA BHUM ***** 18/01 17/01 BAMI BHUM** SON In Pt 17/01 18/01 ANAN BHUM* 88S 17/01 20/01 MATHU BHUM 368N8
      928 words
    • Advertisement
      Page 32 Advertisements Column 2
      355 32 BINTANG MAS SHIPPING PTE. LTD.I 38 NEIL ROAD, SINGAPORE 0208 TEL *****68 FAX: *****64 TLX R*****5 StNMER CR No: **********0W R«ceiv«ng Cargo at PTI Blntulu ~l I Muiri VtSSil VOT SIN |Ty VISSU VOY Sffl m I Mat VWO2f IU»/01 25/01 VWO7I I7IVOI 72/01 S 2142 ¥Wo7f n JVOII7/81 iMa
      355 words
    • Advertisement
      Page 32 Advertisements Column 3
      786 32 ACCORD A SHIPPING PTE LTD S=S TIL s *****15 (40 lines) FAX s *****30 KMBJUK fWM/IMI /g DWECT ACCESS Til: *****55 (EXPORT BOOKING) MfItMMMM MSSIIM *****34 (EXPOCT DOC), *****39 (IMPOST) tBUMG t 09 SB 14ft USLHTTP://WWW.ACCOSD.COM.SO iIUID PHtmtm pow msm row ra sin pow mmm foot ra iw (FAR EAST)
      786 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      214 33 DJAKARTA LLOYD n" l| ,.ii"ii:ii"'.'T '''vii'n.i.:3 C *****22 BJB-'iß TMBBMniM'tM *~l i. i nnnnnn i f".ii".:i TmrarriTTT QjjQ EE3 t:'.:u:'.imnmM f :T r r:inp T ]r' If'HF'HH i-i-i-j .1-i -g i-i vi fJ4Mi'i □gona^cinann ODDCZOBDBBB aBBBMBSEaB S3HSHMIIHHHB3 AGENTS CR NO 1202<******0D SINGAPORE: SELATAN MARITIME PTE LTD m FAX SAI FS-
      214 words
    • Advertisement
      Page 33 Advertisements Column 2
      119 33 1 iii AUSTRALIA EXPRESS SERVICE (A.E.S.) B *y TT,HBII »ir>« NEW ZEALAND CONTAINER SERVICE (N.Z.C.S.) fA 1 i ■>/?■ ».r™ il vWJHH'iBi/iB *;/iH M7/ If# ■i'i': v:«^—:i—■ >/*—ir*—» ww B 1 i''' -I ;f/W kf/M r/—r t/T/MMi'fWj »T*B FAR EAST/COLOMBO/RED SEA SERVICE SINGAPORE^ AST AFRICA SERVICE S jBSS V SSS
      119 words
    • Advertisement
      Page 33 Advertisements Column 3
      819 33 I VESSELS I VOY W JED MLA I LEH I HAM IwP RIM B I VXE OEQEMOIA H29M 1W 2WI 2801 BMB OMB OMB 07/02 OMB V-LE tTOWON Y23W 2MH 3XDI 02/02 07/02 OMB IMB H/3 lUQ Vllf DEWHYA TMX 27/01 Ojjg ***** IMB 17/02 IMB tMB 3MB Vli£oEMMoB> V23W
      819 words
Page thumbnail Page 34
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      40 35 To retrieve more schedules, Just follow these simple steps... the port your ste P key in the four number digit code Key in your Example: r-L» fax number To NEW YORK (NYC) 2275 United States for calls within Singapore i
      40 words
Page thumbnail Page 36
Page thumbnail Page 37
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      1154 38 SHIPPING LINE LTD I 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********0 D CALL DIBECT LIKE: *****41/43 JESSICA/CEIIA/MEmiAN 7 SLGS/WEEK 2 SLG/WEEK T~VOY TsiN pAK IVESSEL VOY I SIN I PLB SINARNUSA MS iNPT 17/01 (SAT, gj g*
      1,154 words
    • Advertisement
      Page 38 Advertisements Column 2
      433 38 Hamburg CO NT AINER/BREAKBULK SERVICE LOAOING FOR SOUTH AMERICA VOY SPORE DOR MMES RIO SANTOS M VIOCO PARANAGUA PROLINE 2V12 11/11 27/11 ZMI PROLINE 02/01 2MI 03-02 30/01 PROUNE OVOI 10/01 *1/02 06/92 OXO2 PROLINE 1«1 26/01 00/02 13/02 10,1)2 PROLINE 21/01 02/02 15/02 20/02 17/U ALSO ACarTMQCAMO TO MONTIVIOfOMIUNAGUA
      433 words
    • Advertisement
      Page 38 Advertisements Column 3
      529 38 M ING LEE SHIPPING CO PTC LID I T.I: SIMS7S (6 Linos) I Fnxi 5330t31/*****60 I a iti IMWIlim VESSEL VOY SIN ETA SIN ETD DESTINATION Union Star 8 01/98 15/01 17/01 fttortong Ihohoßoru 01/98 15/01 16/01 Durro/Petowong/Buoian Dwi Ocyo 01/98 15/01 16/01 Perawong/PBoru Uraon Slw 10 01/98 16/01 17/01
      529 words
    • Advertisement
      Page 38 Advertisements Column 4
      491 38 Singapore Soviet Shipping jfflk Co. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL TRADE FAST TFS2O7 17/01 24/01 04/02 06/02 ORIENT CORD 106N 27/01 04/02 1 ft/02 18/02 KOTA RAJA RJAOO3 04/02 11/02 23/02 2S/02 TRADE FAST TFS2O9 10/02 18/02 03/03 06/03 REGULAR MONTHLY RO-RO BREAKBULK
      491 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      1107 39 i ASIA MHXTBMANEAN EXPRESS (AME) WESTBOUND SERVICE i I VESSEL VQY SIN CMB PM GEN BCN LEH ANR Efi I N SHARJAH 9801-3 19 iAN 23 JAN 01 FEB £LEEfi Q£l£fi Qfi-EEB Q2I|B l&||g I MSC REBECCA 9802-3 22 iAN 26 JAN 04 FEB 06 FEB 08 FEB 11 FEB
      1,107 words
    • Advertisement
      Page 39 Advertisements Column 2
      1703 39 vrffH poiamg* pjoanr spobi Ihw Isw I ibi I w I m [rasa pjoano-I spobi I hkg pusan! khh hkt tm ngo shmmzul iro 1 TYW ion 1101 15.01 1101 0101 0101 07.07 01.07 OCLNUttM 2527 1101 1101 10X1 20.01 21 jOI 2101 APIOUOMSIA 3021 1101 1101 1101 0102 0102
      1,703 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      400 40 SIN MAA SIN I TIGER BAY 595N 14-15/01 20-24/01 28-29AJ1 I TIGER WAVE 596N 15-17/01 23-2001 31-01/02 I TIGER ISLAND 597N 20-21/01 26-3001 03-04/02 TIGER BRIDGE 598N 24-2S/01 30-ozo2 07-08/02 I TIGER BAY 599N 28-29/01 03-07/02 11-12/02 I TIGER WAVE 600N 31-01/02 06-09<02 14-15/02 IVESSEL^^VO^^SI^^CA^^SIP^I LHOTSE 343 15-17/01 23-2001 I
      400 words
    • Advertisement
      Page 40 Advertisements Column 2
      826 40 FREIGHT LINKS EXPRESS Jff 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg LCL FCL SERVICES FROM SINGAPORE TO SOUTH AMERICA ATTRACTIVE RATES TO THE FOLLOWING DESTINATIONS: BUENOS AIRES (BUE)/SANTOS (SSZ)/VALPARAISO (VAP) FTP SIN Etd BUE EM SSZ ltd VAP Royal Container VRCBOIS 21/01 15/02
      826 words
    • Advertisement
      Page 40 Advertisements Column 3
      1140 40 OOCL (Sinqopore) Pte Ltd CFS Keppel Distrpk For booking 7f Anion Rood *21-04 (S) ****** Wk 513 #01-121 enquiry f/6Vj Y'\ KSIfCR NO **********0H M: 272 7(27 call 3769 180 *****13 Fm 221 3*42 F«: 272 7S2S L_^__——l NORTH AMERICA USA/ CANAOA <> AUSTRALIA TO USA J S6f STO OAK
      1,140 words
Page thumbnail Page 41
  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      132 41 LEGEND: R Thunderstorm Temperature o Q X\ V Shower Weother -V Wmd direction with speed m knots Rom Cloudy Sky Wove he, 9 hl Surfoce winds ore indicoted by arrows which «y with the wmd (One fu# circle represents calm or light and vonoble winds J_. One holt fleche represents
      132 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      92 42 HYUNDAI MERCHANT MARINE (S) PTE LTD is the shipping agents for Hyundai Merchant Marine Co. Ltd, Seoul and is part of the Hyundai Group. We have immediate vacancies for: Candidates must have Shipping experience in Liner Trade Self motivation Strong communication interpersonal skills Preferably possess own vehicle Interested applicants are
      92 words