The Business Times, 26 January 1998

Total Pages: 42
1 42 The Business Times
  • 12 1 THE BUSINESS TIMES MITA(P) 110/12/97 Internet: http://www.asial.com.sg/biztimes SINGAPORE MONDAY, JANUARY 26,1998 85t
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  • 732 1  -  But external pressures on Singapore are now greater By" Conrad Raj [SINGAPORE] Deputy Prime Minister Lee Hsien Loong has said that unlike in 1985 and barring any new shock, he does not expect Singapore to go through a recession this time although the
    732 words
  • 478 1  -  No lay-offs in S'pore for now, say US computer firms By] Kenneth James [SINGAPORE! The regional chiefs of computer giants Hewlett-Packard Co and Compaq Computer have pledged to stay committed to Singapore and the region despite the economic turmoil, saying that there
    478 words
  • 57 1 [SINGAPORE] With the Chinese New Year just days away, shoppers were out in full force in Chinatown yesterday. Seasonal delicacies such as bak kua and festive decors were in demand, as were household provisions in general asfamilies loaded up on supplies to see them through
    Arthur Lee  -  57 words
  • 544 1 Bloomberg [TOKYO] The International Monetary Fund (IMF) and Japan are expected to draw up this week additional measures to deal with the deepening financial crisis in Indonesia, Eisuke Sakakibara, Vice-minis-ter for International Affairs at the Ministry of Finance, said yesterday. Mr
    Bloomberg  -  544 words
  • Page 1 Advertisements
    • 131 1 T lIP GniHii wMMds Creative Technology expects revenues in this quarter to be flat due to the Asian currency turmoil but gross margins are seen remaining healthy, PglO Tfeflywfcroit An eyecare chain has opened at Great Worid City wnat may oe tne region s first one etop nop that asßs
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    • 28 1 Clinton's presidency may be in jeopardy Having survived accusations ofsexual impropriety for so long, the truth may at last be catching up with the US president, Pg 8
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    • 6 1 More reports in BusinesslT, Pg 10
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    • 242 1 Markets in Turmoil, Pg 3,4 Timeless values. I Empire Period*. Geneva enamel. Duplex escapement movement by/Ibery of Londwi These two exquisite watches, The Rolex Day-Dil in the shape of peaches, are V s appreciated for mor called «For China». than just the twenty-fiv The craftsmen of Geneva were languages in
      242 words

  • SINGAPORE AT HOME & ABROAD
    • 478 2  -  Besides retailing eyewear, Specialist Eyecare operates a licensed eye clinic By, Jenny Lam THE first store of a new regional eyecare chain, called Specialist Eyecare, has opened at Great World City (GWC) at a cost of $2 million. "Our vision is to
      SIEW YAW HOONG  -  478 words
    • 237 2  -  By David Boey SINGAPORE will host in June 1998 a high-powered regional telecommunications conference that is expected to draw some 20 ministers and 300 senior industry officials from the Pacific Rim nations. The A pec Ministerial Meeting on the Telecommunications and Information Industry
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    • 351 2  -  EYE ON THE ECONOMY Commerce By Frances Lui FOOD beverage revenue fell 6.8 per cent last November one of the sharpest year-on-year falls in recent years, latest preliminary figures from the Singapore Tourism Board show. The F&B industry has been in a state of
      Source: S'pore Tourism Board  -  351 words
    • 206 2 The Straits Times DEFENCE ties between Singapore and New Zealand will be expanded with plans to start joint air force exercises, and also exchanges between thinktanks in the two countries. Deputy Prime Minister and Defence Minister Tony Tan said this yesterday after talks with
      The Straits Times  -  206 words
  • Page 2 Advertisements
    • 195 2 a Rest an( l relax with TheßusinessTimes Give yourself a break from the stress of work or wt business. Enter this contest and get a chance to win oW spa packages that will relax and refresh you. Just *$4k answer the question in the space provided below. K Spa Ultimate
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    • 192 2 tftt Locate its owner through Classification 821 (Found). Simply call CJLT.S. at 1800-737-1166 for this free service. CATS Another Classified Service SMITH ZAIN SECURITIES SDN BHD 1J (A Member Company Of Kuala Lumpur Stock Exchange) (Company No: *****-H) ]t%/e, a stockbroking company with international links are seeking dynamic and suitably
      192 words
    • 145 2 And you Just leave systems, culled through 30 years lab research in America, a team private this age sophistication ymF where good Ir corporate -^—5 may the very edge you need, M that putJ|Hi yourself been easier. The Executive Glamour Getaway rV j J| A I Bring a buddy and
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  • MARKETS IN TURMOIL
    • 684 3 BMiyMfcUt IvpiilmliaM CB»f'n>m, riff i «f Aji&cUMHty, c—UailiigUSgrtwth Bloomberg [NEW YORK] President BUI Clinton's troubles, signs of stability in Asia, and scant evidence of slowing US growth caused bondholders plenty of pain last week. That* s good news for some investors,
      Bloomberg  -  684 words
    • 255 3 Tfclks to continue today on converting short-term debt Reuters [SEOUL] South Korean debt negotiators yesterday said there was "considerable" progress in talks with bankers in New York aimed at resolving the country's financial crisis. South Korea is seeking to convert some US$25 billion (Ss44
      Reuters; REUTERS  -  255 words
    • 364 3 S-E Asia saw 'selling dimax'tw* weeks ago: Barton Biggs Bloomberg [NEW YORK] Morgan Stanley Asset Management chairman Barton Biggs said the money management company recently bought stocks in Malaysia, shares of some Singaporebased banks and is studying whether to buy stocks in Hongkong.
      Bloomberg  -  364 words
    • 255 3 AFP [JAKARTA] Indonesian tint- ber firms could dump their > stocks at less than the cost of production as the country's economic crisis deepens, ty- coon Mohamad "Bob" Hasan said in remarks published yeaterday. Warning against such a move, which would bolster the*
      AFP  -  255 words
    • 432 4 Sort will provide If if needed; mwe fellows collapse of CA Pacific Securities Reuters [HONGKONG] The Hongkong government said yesterday more money would be injected into the stock exchange fond to compensate clients of fciiari companies in the wake of
      Reuters  -  432 words
    • 239 4 AFP [BEIJING] The financial crisis In Asia should put China on guard against trying to merge firms to create larger ones, without paying better attention to the quality of the firms being merged, the official press warned yesterday. A number of Chinese economists
      AFP  -  239 words
    • 209 4 Bridge News [TOKYO] Japan's ministry of finance plans to require all brokerage houses to disclose their capital adequacy ratios on a quarterly basis to show their financial condition to investors, the Yomiuri Shimbum reported yesterday, according to Kyodo news service. The
      Bridge News  -  209 words
    • 69 4 [HONGKONG] Protesters from the Hongkong Democratic Alliances, carrying 50 banners with overso,ooosignaturesfrom supporters, marching in front of banking and commercial buidings in the central financial district here on their way to the chiefgovernment office yesterday. The demonstrators demanded a reduction in taxes as the
      REUTERS  -  69 words
    • 211 4 AFP [JAKARTA] State-owned Indonesian airlines have been forced to raise tares on some domestic routes by up to 35 per cent to cover US dollar-denom-inated costs following the rapid plunge of the rupiah against the greenback, reports said yesterday. Flag carrier Garuda
      AFP  -  211 words
    • 174 4 AFP [BANGKOK] A Thai television station reported yesterday that Thailand was considering asking the World Bank for "two to three billion (US) dollars" to ease its mounting unemployment problem. The report, which could not be independently confirmed, came after Finance Minister Tarrin Nimmanahaeminda returned
      AFP  -  174 words
    • 337 4 American investors its now beginning to return to KL, be says Reuters [KUALA LUMPUR] The United States has confidence in Malaysia's ability to pull free of Asia's economic turmoil, US ambassador to Malaysia John Malott said yesterday. "In all of Asia, Malaysia
      Reuters  -  337 words
    • 533 4 Institntiens' £300 m a year Asian income fast falling as student flew dries sp AFP [LONDON] British universities are feeling the brunt of the Asian financial crisis, with the multi-million pound market of Malaysian and other Asian students drying to a trickle.
      AFP  -  533 words
  • Page 3 Advertisements
    • 153 3 CUbßtaaoalj emotionally close to ex-intern?, Pg 8 1% 1 I i 'W 1 V, 1 At. 1 1 4 1 ■.t fjfl V if" t. V < i;.> m 9 t*"' I > > 7 V' i..-"f 'V-y-'. tigr v •> I Are you making the most of all your
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  • Page 4 Advertisements
    • 147 4 Take the "work" out of working out! The Ttinturi Treadmills The Exercyde Q t "FLOATS" to give you the most WIM, ROW, CYCLE and CHIN-UP comfortable jog ever! in ONE EASY MOTION! Superior impact absorption system! The exercycle is the only full-body exerciser with a running deck built-in motivator. that
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  • SOUTH-EAST ASIA
    • 378 5 KUALALUMPUR Rising newsprint prices, falling advertising revenue may force them to cut number of pages AFP MALAYSIA'S economic crisis is forcing major newspapers here to consider reducing the number of pages amid a weakening ringgit and falling advertising revenue, a report said yesterday. "As
      AFP  -  378 words
    • 190 5 JAKARTA AFP A PROBE into a Jakarta bomb blast has found an e-mail message implicating businessman Sofyan Wanandi and linking the attack to the forthcoming presidential selection process, the major Gatra weekly news magazine said yesterday. A copy of the e-mail message
      AFP  -  190 words
    • 85 5 JAKARTA INDONESIAN independence campaign veteran Hamid Algadri died here yesterday aged 87, Antara reported. Mr Algadri had been in hospital for the last five days, it added. He was designated a Pioneer of Independence in honour of his contribution to the former Dutch colony's 1945 declaration
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    • 159 5 JAKARTA Knight-Ridder HUNDREDS of new fires have broken out in Indonesia and more are expected, rekindling fears of the smog that blanketed much of South-east Asia last year, a report said yesterday. The latest fires are in the province of East
      Knight-Ridder  -  159 words
    • 335 5 HANOI Import dump reflects slowdown in domestic AmmmnA and in foreign investment AFP VIETNAM'S trade deficit in the month ended Jan 23 dropped 26 per cent to just US$25O million (*****.5 million) compared with the same period a year earlier, an official
      AFP  -  335 words
    • 41 5 [JAKARTA] An Indonesian worker yesterday adding the final touches to a replica ofa mosque which will serve as a backdrop and stage far theforthcoming celebrations welcoming Hari Raya AidilFitri, which is celebrated in Indonesia on Jan 30-31. REUTERS
      REUTERS  -  41 words
    • 184 5 JAKARTA AFP INDONESIA plans to go ahead with its order for 16 British Hawk fighter jets, despite huge cuts in the military's budget as a cost-saving measure during the country's deepening economic crisis, a report said yesterday. The state Antara news agency quoted the
      AFP  -  184 words
  • Page 5 Advertisements
    • 144 5 J r-"' »ppiic#Mo«. &H99P!»si9sg appreciate your sign- >***1. lalhg up fortJieSingTei. *?t Freephone A. Because V Ur needs ir iUst any or^lß*;: 111 I %*f number. It's new access ,h„ works b r having w Merc 91 Mvd an mi «#r Ike fuiowlag $0 number that dedi- l benefits: for
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  • CHINA-HONGKONG-TAIWAN
    • 482 6 TAIPEI But main opposition DPP plays down results, says polls tainted by graft AFP TAIWAN'S ruling Kuomintang (KMT) party has hailed its success in local elections on Saturday which were slammed by the opposition as a victory for neither side and tainted by corruption.
      AFP  -  482 words
    • 630 6  -  80% of German firms surveyed have not broken even: study By\ Petor Seidlitz David Murphy in Beijing FEW foreign companies in China make money, but they believe it is only a matter of time, according to a survey. The survey of
      630 words
    • 315 6 BEIJING Local interests most be sacrificed for good of industry: council AFP CHINA'S textile industry must lay off \2 million workers in the next few years to become profitable, which means local governments will have to sacrifice their own political concerns, reports said
      AFP  -  315 words
  • Page 6 Advertisements
    • 217 6 »pr,f z-tf u i.'.i i'i B I I I II .J ritatoner«nd *•#'<MMh»' ''■»»>'->■ >' SB I rrnllsoipi J? 1 :nffvli 5/9-8-.4 million or over lcts;f year. I poricJitiorja, circulation ari'J aclver M^i.' II "JSHHHHI i jhh« r iHAijirio <■ j ...j -~st ~aiWfct«ff>>-..»> Wrtff average of more than t
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  • ASIA
    • 370 7 TOKYO Japan's rates are 'way too high' over global average, says senior party official Bloomberg A SENIOR ruling Liberal Democratic Party official Taku Yamasaki said yesterday he is determined to cut the corporate tax rate to 40 per cent in the year
      Bloomberg  -  370 words
    • 17 7 becomes apparent that people are stealing from their clothing appeal bins. REUTERS
      REUTERS  -  17 words
    • 318 7 CANBERRA He says jobs growth outlook is good despite turmoil Reuters AUSTRALIAN Prime Minister John Howard yesterday pledged his government will unveil its 1998/99 budget in Mayas planned, effectively ruling out an election before mid-fear. "We, of course, will have a May
      Reuters; FILE PHOTO  -  318 words
    • 208 7 SEOUL Bloomberg SOUTH Korean bankruptcies hit a record high in December, and companies defaulted on promissory notes at the fastest monthly rate ever, the Bank of Korea said. The number of companies declared insolvent increased to 3,197 in December, compared with 1,469 in November. A
      Bloomberg  -  208 words
    • 281 7 SEOUL Reuters SOUTH Korea's presidentelect Kim Dae Jung yesterday urged the United States to refrain from using special provisions of US trade law to resolve bilateral trade issues, Mr Kim's party said. In a meeting with US Ambassador to Seoul
      Reuters  -  281 words
  • Page 7 Advertisements
    • 950 7 The Stock Exchange of Hong Kong Limited (the "Stock Exchange takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of
      950 words

  • THE WORLD
    • 595 8 WASHINGTON 49% polled favour impeachment if the president told the ex-intern to lie Reuters EXPLOSIVE new reports that President Bill Clinton engaged in phone sex with former White House intern Monica Lewinsky emerged on Saturday as a former top presidential aide spoke openly about the
      Reuters; REUTERS  -  595 words
    • 322 8 WASHINGTON Clinton affirms toagh stance against Iraq's latest intransigence Reuters A COUNTDOWN to a US military strike against Iraq could begin as soon as Ramadan, the Muslim holy month of fasting ends on Friday, The New York Times reported yesterday, quoting White
      Reuters  -  322 words
    • 174 8 LONDON AFP THE £5 billion (5514.5 billion) project to build a high-speed rail link between London and the Channel Tunnel is close to collapse because of a financing crisis, the Sunday Telegraph reported. London and Continental a consortium including Richard Branson's Virgin
      AFP  -  174 words
    • WORLD Watch
      • 102 8 Reuters [LONDON] The British government it would consult all parties involved in the Northera Ireland peace talks before deciding if a loyalist group ltaladto recent killings could stay in the process. Sinn Fein and the Ulster Unionists called on Northern Ireland Secretary of
        Reuters  -  102 words
      • 96 8 Reuters [LONDON] The British Treasury said yesterday that no decision had yet been made about reappointing Bank of England governor Eddie George. A spokesman said a report in the Sunday Times newspaper that th<f government was set to extend Mr George's appointment for a
        Reuters  -  96 words
      • 61 8 AFP [JERUSALEM] Israeli Premier Benjamin Netanyahu warned yesterday that Israel would retaliate against any resumption of an intifada following warnings by Palestinian leader Yasser Arafat ofa new uprising. •Threats of violence are very serious and Israel will issue a tough response if the Palestinians are
        AFP  -  61 words
    • 394 9 NAPLES Gold transfer to help cut central bank's deficit is legitimate, says Rome PM Reuters ITALY on Saturday slammed a row over a gold transaction as a surreal case of political manipulation but said it would not be a tragedy if
      Reuters  -  394 words
    • 317 9 BRUSSELS Bilateral exchange rates will be fixed at May 2-3 EU summit AFP EUROPE'S single currency will not be formally launched until next year. But for all but four EU countries monetary union begins in practice just 14 weeks from now.
      AFP  -  317 words
    • 197 9 LONDON AFP MULTI-millionaire British Treasury minister Geoffrey Robinson could be liable for £2 million (Sss.B million) in unpaid Belgian taxes on a legacy bequeathed to him, the Sunday Times reported. Finance ministry officials in Brussels told the paper they want Mr Robinson,
      AFP  -  197 words
  • Page 8 Advertisements
    • 164 8 Powerful business partner from Japan's No. 1 computer company*. |HHH|HH|mHHm Known business machines, Fujitsu PC has m created yet another sophisticated mio 1 range. More powerful. More flexible. Fujitsu Deskpower. I Am- Created by Japan's No. I computer .tgjfl company*. DESKPOWER Deskpower 3000 is the powerful created to satisfy today's
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  • Page 9 Advertisements
    • 819 9 BUSINESS ,\()f f('('S lo nthertise mil toll-free IXOO-741 INN 3 NOTICE IS HEREBY GIVEN that, I Siah Hou Kong of Blk 1 #07-200 Chai Chee Rd Singapore *****1, have applied for a Beer House Ist Class Licence in respect of M/s Hing Hock Eating House located at 364 Tanjong Katong
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    • 334 9 NOTICE IS HEREBY GIVEN that, I Goh Gut Chew of Blk 554 Ang Mo Kio Ave 10 #01-2052 Sihgapore *****4, have applied for a Retail Liquor Shop Licence in respect of M/s Yeo Soon Lai Mini Mart located at Blk 554 #01-2052 Ang Mo Kio Ave 10, Singapore *****4, and
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    • 5 9 MORE NOTICES ON PAGE 24
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    • 50 9 approach f i 1 i^ynftiiYfriduat in Singapore you needl6 *0%%%:* 7tang Pob Hoon 3147. We would like to wish all our clients a very happy and prosperous Chinese New Year. EVERYONE'S DIFFERENT. SC> ARE WE. SINGAPORE HONG KONG BERMUDA BRITISH VIRGIN ISLANDS. CAYMAN ISLANDS. GENEVA GUERNSEY. ISLE OF MAN. ?jj^^^^^^^^ERSEYJLIECHTENSTEI^LON^^
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  • BUSINESS IT
    • 695 10  -  Asia-Pacific chief Paul Chan sees new opportunities, outlines plans for tough 1998 Reportsby! Kenneth James [SINGAPORE] Personal computer leader Compaq Computer, which last week announced sterling 1997 results, shuddered under the gale force of the economic turbulence buffeting Asia but its Asia-Pacific shipments
      695 words
    • 600 10 HP is factoring partners into long-term strategy [SINGAPORE] When the going gets tough, HewlettPackard Co has the reputation of toughing it out with its partners and customers. And that's what it's determined to do now in the region, HP managing director of
      600 words
    • 220 10 Reuters [NEW YORK] A dearth of workers available to tackle the Year 2000 (Y2K) computer glitch will push costs for fix--' ing the problem higher as the clock ticks towards the new millennium, experts say. As companies roll up their
      Reuters  -  220 words
    • 697 11  -  Corporation expert Ms several measures By' Toh Han Shih (SINGAPORE] Asia is eager and willing to get on the Internet, yet the Internet is not taking off as fast in Asia as it could. To improve Asia's Internet usage, said International Data
      Source: IDC Internet Commerce Market  -  697 words
    • IT TAKES
      • 52 11 [SINGAPORE] Police have seized more than 1,800 CD-ROMs inaraid against retailers suspected of selling counterfeit software. The raid on Jan »aleo yielded 2^00 video compact discs suspected of containing pornographic material and more than 2,000 CD-ROMs containing counterfeit games software. Seven suspects ware arwetad following
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      • 50 11 [SINGAPORE] Local Internet service provider Pacific ShoppingCentreTAttnis shop, customers wffibeabWW pay bills, upgrade their schemes, shop for products or buy giftvouchers. Customers can also rent a laptop to surf wireleesly while enjoying a meal at the nearby Delifrance outlet. Pacific Internet has another shop at ParcoBugis Junction.
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      • 63 11 [SINGAPORE] American office automation supplies distributor Daisytek International hat set up a sake and distribution centre in Singapore. The office, which opened on Jan 15, has a staff of 12. Daiaytek has another office in Sydney, Australia, its Asia-Pacific headquarters. The US company distributes
        63 words
      • 87 11 [SINGAPORE] The unified messaging market will boom over the next five years, says reeearch firm Ovum. Unified messaging combines different message types such as e-mail, voice mail and fox into one common mailbox, allowing users to access all their messages, regardless of location, device or type
        87 words
      • 62 11 [SINGAPORE] An exhibition on technology-based careers will be held on March 21 and 22 at the Singapore International Convention and Exhibition Centre. The Careers in Technology Exhibitions *98 provides ITftrms, corporations and government organisations an opportunity to recruit experienced JT personnel This forum is
        62 words
      • 30 11 [SINGAPORE] Intel has appointed John Daviee its new general manager for the Asia-Pacific, He rsplacee Sean Maloney, who has been promoted to worldwide corporate vice-president
        30 words
      • 33 11  -  -Hi mil. Iby Toh Han Shih [SINGAPORE] Sun Microsystems and Sybaae have teamed up to provide a data warehousing solution using Sun's E3000 server with database software froin Sybase.
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    • 560 11 [SINGAPORE] Dutch electronics giant Philips and local software firm MyWeb have launched the first commercially operational Internet TV in Singapore, ahead of similar projects announced earlier but not yet implemented. Last October, Philips and Technochannel, the Malaysian parent company of MyWeb, launched
      560 words
    • 443 11  -  KRDL to focus oo getting Dew know-how qnkklytothe marketplace By\ Raju Chellam [SINGAPORE) New research entity Kent Ridge Digital Labs (KRDL, pronounced 'cradle') will work with Singapore-based small and medium enterprises (SMEs) as well as with multinational corporations (MNCs) on
      CHRIS LOH  -  443 words
    • 412 11  -  By' Toh Han Shih [SINGAPORE] Local IT players have mixed reactions to Netscape's move to make the source code for its next Communicator software freely available. On Jan 22, the leading Internet firm announced that its current Communicator software for the
      412 words
    • 511 12  -  Revamped Pa vilkm PCs now in four new models By] Raju Chellam SINGAPORE] HewlettPackard last week launched a lew flatbed scanner that it «vill manufacture in Singapore for the world markets. Fhe scanner, called SJSIOOC, incorporates new technology ;hat eliminates the need
      511 words
    • 376 12 Bloomberg [LONDON] The heroine of the British stock market is a smooth-talking heiress of aweinspiring measurements who wears pistols strapped to her thighs and not much else. She looks like a female Arnold Schwarzenegger and acts like Indiana Jones. Her name
      Bloomberg  -  376 words
    • 395 12 Coming soon to a shop near you gadgets of the future [SINGAPORE] Robot firefighters, home security devices which recognise your face and portable language translation devices may be just around the millennium corner, according to scientists at British Telecom Labs. The products range from robot exercise companions to smart-card medical
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    • ON THE SHELF
  • Page 10 Advertisements
    • 94 10 °mrm r s -MI M j I *AWJ I I o vkC I I jW I I 0 I I I I Soon you'll be able to have a hot stream of business information every morning. I I I I Ms* k I jL r I fflmfL BR jßHjral I
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  • Page 11 Advertisements
    • 217 11 I Regional Currency Crisis ISSSSI |Is this a good time to invest in II -/Ti J| I Real-Time Accounting? The regional currency crisis has driven home the value of current, up to the minute information. Without Real-Time (Instantaneous) information about your company's i| J operations, you could lose your hard
      217 words
    • 181 11 University of South Australia PhD MBA DoctQf«lPWto«ophyln 13th Intake Match 98 Business a wsnajwiiwu I Mh Mihi i M„|fc y •Designed to develop Innovation mmi m and Creativity, Leadership, 100% ia Singapore Min 3 yean Entrepreneurial, Strategic Thinking •High level of face-to-face contact and Communication Skills •International team of PhD
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  • Page 12 Advertisements
    • 84 12 .45 240 .36 tcp 1 T" 45 240 36 «anci host V )J J. 133.2.27 a anc im-*"*"" r| l Easy to in«rnll and part of me reason business from aerospace to finance, energy to pharmaceuticals, trust Dioital as their tt* brtemet partner. We oflfer complete Web-based t jJKr plus
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  • Page 13 Advertisements
    • 257 13 Where to wine, dine and entertain... "-s Wm Toast in the year of the Tiger with free Tiger Beer and free Yu Sheng at our Fatt Choy Reunion huffet. For every tahle I of ten (at only $380 we'll give each diner a free glass of Tiger Beer. And our
      257 words
    • 104 13 FAPOtJLOHOm Celebrate the Year of the Tiger with a grand feast at Luna Coffee House with family and friends. 31 Jan -1 Feb 1998 HIGH TEA Adult: $15.80 Child: $11.80 For reservations call 733 2081 ext. 468 All prices subject to 10% service charge, cess and GST. 6am to lam
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    • 159 13 Ctubra" Ramadhan with the Royal Croume Plaza. Themed "A Taste of Asia'W are over 30 varieties of Asian I dishes o tantalise your tastebuds. I Available from 2-27 January 1998 at the Palm Terr ace, 6.3 opm to 9.3 opm. Call 7 *****0 to make your reservations now. CROWNE PLAZA"
      159 words
    • 213 13 Buy It. Sell It. Find It. Classified. cats. Call Today For Results Tomorrow. **********6 r /rfsher in the Year of the Tiger with our Reunion Dinner Specials. on a sumptuous spread of the best Sichuan cuisine in Singapore. A.l Roaring Start to 1998 Only from 27 Jan 11 Feb. For
      213 words
    • 162 13 /l 7W*yt4r OiUirtfm 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 2M667. Tel *****11 a eBBI from |6fk>Wl*o I IH\ fe\>, i*sVs«r i*
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  • Page 13 Miscellaneous
    • 803 13 TV&RAPIO b 0*00 Wheel Of Fortune. 3-00 CDIS. ■■■i -?i»'4W% f rtn Pyramid Game. 4.00 Indian Talkies Then7.00 AM American Football: 7.00 News 5 At Seven. mavin Kombathu Superbowl XXXII 7.30 Sabrina The Teenage 7.00 Kavithai Paarungal (Last Green. Bay Packers vs Witch The Crucible. Denver Broncos (Live). 8.00 True
      803 words
    • 144 13 CBTPTIC CROSSWORD 24 Whote was redrawn (8) 25 Some petty ranting from am 7 Majority shareholder's part- SATURDAY'S SOLUTION oppressive leader (6) ner? (7) |KOKEHI)OPMHPO]| 26 Help could be finer in Rose's 14 Partners is about to become M°R w |j E |^si^sMAlNlom home (8) known (9) mpS RBMBiBRBoIfITm DOWN
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  • EXECUTIVE LIFESTYLE
    • 1301 14  -  Don't look among current day movies if you're looking for an inspirational man, says bicharp a shwedbb RICHARD A SHWEIDER NYT WHY are images of men in movies these days so desolate when it comes to real love, real sex, real families, real children
      NYT; FILE PHOTO  -  1,301 words
    • 848 14  -  PERSONALITY Mewaoociatie nmnmg with some lnterestnig plans By\ Susan Tsang [SINGAPORE] Bart Folse, the Singapore Symphony Orchestra's new associate conductor and chorus master, has hit the ground running. On the first evening after his arrival in this country,, he was at the Victoria Concert Hall,
      CHRIS LOH  -  848 words
    • 651 14 AUSTRALIAN OPEN The Mo 1 reaches quarter finals, while rain stops several matches Reuters WORLD No 1 Pete Sampras slapped down an upstart from Morocco yesterday to reach the quarter finals of the Australian Open and said he expected to meet Andre Agassi
      Reuters  -  651 words
    • 485 14  -  MUSIC Second half prom to be musically fruitful after disappointing first half By Benjamin Loh [SINGAPORE] It is not often that one sees female conductors on the concert podium, conducting being largely a male domain. But last Friday evening saw Catherine Comet taking centres tage
      485 words

  • COMPANIES & MARKETS
    • 609 15  -  Study to start on Feb 9$ healthcare firm also in talks to seQ US investments Reports by. Abdul Hadhi [SINGAPORE] Parkway Holdings has commissioned a study by US management consultants McKinsey Co to streamline operations and trim costs. The healthcare group is also in talks
      FILE PHOTO  -  609 words
    • 254 15 [SINGAPORE] Mainboardlisted Parkway Holdings sees no threat in Asia Medic, a small listed company aspiring to be a regional healthcare specialist. Parkway managing director Tony Tan said: "(AsiaMedic's) paid-up capital is only $40 million. They can't be a threat. What I understand
      254 words
    • 310 15 Shareholders to &t Arthnr Andersen report on purchase of stake in parent Bloomberg [KUALA LUMPUR] United Engineers (M) Bhd will hold a shareholders' meeting on Feb 14 to seek approval of the purchase of a stake in its parent Renong Bhd. UEM, Malaysia's largest
      Bloomberg  -  310 words
    • 671 15  -  MARKET MATTERS More Information nnoilwl on major ghapohnlilflre of a Mtmpany Eddie Toh THE Kuala Lumpur Stock Exchange has finally acted to restore confidence in the battered stock market. The exchange recently announced a two-tier system to protect both market intermediaries and investors.
      671 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 668 16  -  Asia could account for a 10% fall in total revenue this quarter: Sim Wong Hoo Jennifer Lien [SINGAPORE] The Asian currency turmoil will likely keep Creative Technology's revenues flat this quarter, but gross margins should remain in the healthy "low-30s" percentage range, the
        668 words
      • 481 16 Reuters [LONDON] British Telecommunications pic (BT) was highly unlikely to receive an outright bid approach from software giant Microsoft Corp or a US telecom company despite market rumours to the contrary, analysts said on Friday. BT's shares slipped from
        Reuters; Source: Bloomberg  -  481 words
      • 170 16 Bloomberg [NEW YORK] Many investors are expecting US stocks to fall in the coming days as companies warn that 1998 profits will fall short of expectations. This week several large US companies will report last quarter's earnings, including AT&T and General Motors today
        Bloomberg  -  170 words
      • 269 16 Reuters [AUBURN HILLS. Michigan] Chrysler Corp, hurt by model changeovers, a strike and tough competition, said last Friday a one-time gain from sales of rental cars allowed it to report a 5.6 per cent increase in fourth-quarter profits. But profits for
        Reuters  -  269 words
      • 446 16 They're defensive instruments, says in vestment banker Reuters [HONGKONG! Hongkong's bearish stock market tone has prevented companies from raising much-needed funds, but firms may now turn to convertible bonds as a way to secure fresh capital, analysts said.
        Reuters; FILE PHOTO  -  446 words
      • 231 16 Bernama PLANTATION conglomerate Kumpulan Guthrie Bhd plans to renew plantation activity in Liberia in big way. It wiU be undertaken by its wholly-owned subsidiary Guthrie Plantation Liberia Inc. Its group chief executive Mohd Khalid Ibrahim said the subsidiary has a land concession
        Bernama  -  231 words
      • 423 16 Bloomberg [LEXINGTON, Massachusetts] Raytheon Co will cut more than 8 per cent of its workforce and shut 20 defence facilities as it tries to wring more profit from recently acquired companies and boost its engineering business. Raytheon, the world's third-largest aerospace and
        Bloomberg  -  423 words
      • 455 16 New chief expected to unveil moves to jimp-start company Bloomberg [NEW YORK] AT&T Corp is expected to report its fourth straight quarter of lower profit today but investors are paying more attention to how its new chief executive plans to
        Bloomberg  -  455 words
    • FINANCE & COMMODITIES
      • 494 17 Proposed Cs3Bb merger will be biggest in Canadian corporate history Reuters FT [TORONTO] In a stunning move that could reshape Canada's banking industry, Royal Bank of Canada and Bank of Montreal, two of the country's biggest banks, said on Friday they
        Reuters; FT  -  494 words
      • 505 17 Bank may doable new shares it plans to issue to 100b yen Reuters [TOKYO] Faced with deteriorating asset quality and growing competition, Japan's fourth-largest trust bank, Yasuda Trust and Banking Co Ltd, said on Friday that it is considering a drastic boost in its
        Reuters  -  505 words
      • 472 17 Lamer metal, mineral prices make it cheaper to buy known reserves Bloomberg [LONDON] The world's mining companies are expected to spend less this year on exploration of deposits as lower metal and mineral prices make it cheaper to buy known reserves. With gold near an
        Bloomberg; FILE PHOTO  -  472 words
      • 259 17 Bloomberg [NEW YORK] Charles Schwab, chairman and founder of Charles Schwab Corp, wants his company to boost customers' assets to US$l trillion (511.75 trillion) by 2005 from about US$354 billion now. That lofty ambition comes as Mr Schwab's company, the US'
        Bloomberg  -  259 words
      • 401 17 Bloomberg [LITTLE ROCK, Arkansas] First Commercial Corp, the largest bank in Arkansas, has held talks to sell itself, and could fetch more than US$2.5 billion (554.4 billion) in a sale, people familiar with the situation said. Buyers may include Columbus, Ohio-based Banc One Corp;
        Bloomberg  -  401 words
      • Article, Illustration
        850 17 fggj wLBMPnTOKATBS As on Jan 23 BBS mtmntmm MMlBilXH 7* MZtaktafSro* I AjrtafaraiBMfcOfCMM MMIMMRC TVi MIMM|C«p 9)4 MWM TVt AhMMIN 1 taiilllMH j 11 r— 7* —nHriwhMUm > ■llgllliBliili «H MMbM 7* ll*»llllHlMll1 L..7H !■> ■iwlpiilri 7tt MdMufftU 7* ta*ofCM«~_ 7H MuTMMi > MtflM 7H M«IM tank of MwrtrMl tafcatllmttffc
        850 words
    • COMMODITIES & FUTURES
      • 507 18  -  tfi—m Weeklyßoundup Uss downed last week by allegations against Clinton, weakening stocks Callum Henderson, MMS International (SINGAPORE] The theme of forex markets at the start of the week was yen buying, but ended with US$ selling. of extensive ye® short positions vs the mark
        Source:  -  507 words
      • 873 18 COMMODITY Weeklyßoundup AFP [LONDON] Oil prices slumped below the US$l5 mark to a four-year low last week, as markets braced for an increase in Iraqi exports, while the American Petroleum Institute (API) announced a rise in stocks. The market,
        AFP; Source: Bloomberg  -  873 words
    • 1082 18 0 nOOMPOTOEBS J™™ SRSSSSffiSK 1 «g »jjj jjg HbH Ui WW WW r-rr: Q2JQ so 5 [£3 133.75 50 300 I»M 06.25 ***** 25 4000 1*99 0025 ***** ***** 4225 j 5« m25 m» ma a go u/Sn 90 147.75 4395 J tEStt «U0 B400 »50 480 «2
      1,082 words
    • 3197 19 Mat Mm CM UMMaa* MM 23.0*0 n.407 12-0 4.15 Oaks TV IT TV IV Urn MH Mo** Sap* IS I 0.051 MB 0*3 U inim ii «to» «M w> mo uaoa-jaeM WJ £*w SJ $.7 OPl»|fci»*MMMMMMMMMMBM*MMM«MMMB*MM*M«MtoMMMM*MMMM*MMM«MM*MBMMMM» t IlKlrf* $Mt 17 P W7.7 106.1 I4J 22 J!
      3,197 words
    • SINGAPORE WEEKLY MARKET OUTLOOK
      • Article, Illustration
        209 19 Market outlook DESPITE regional sentiment being dampened by the Indonesian rupiah, Singapore stocks rose 1.17 per cent with the Straits Times Industrials Index closing at 1,259.83 last Friday. The market will continue to keep an eye on the volatile rupiah, which plunged to a record low of 16,500 last
        209 words
      • 91 19 Cycle Carriage THE group's major activities are car sales, property development, food retail. Growth prospects for CCL this year appear unexciting. Contribution from property development is expected to underpin growth. The stock is a good candidate for the recovery. It has a strong balance sheet, and a strong market niche
        Source: Bridge Info  -  91 words
      • Article, Illustration
        125 19 THE Property Index is down about 30 per cent compared to a year ago. The slowdown in sales, increase in the prime rate and consequent hike in mortgage rates, and rise in operating costs, leave little to be desired of this sector. The companies that will be able to
        Source: Bridge Info  -  125 words
      • 259 19  -  Source: Analysed by Peter Coker a director of Bridge Int'l Broking RSI measures the rate at which prices move. As a rule, an RSI above 80 indicates an overbought condition while RSI below 20 indicates an oversold market. RSI is more effective in detecting divergences (sell signals).
        259 words
    • MARKET REVIEWS
      • 257 20 HONGKONG AFP HONGKONG stocks are unlikely to enjoy their traditional Chinese New Year rally this week, brokers said on Friday, despite a marginal rise in the key Hang Seng Index over the week. The index closed on Friday at 8,920.20, up
        AFP  -  257 words
      • 875 20 fl Sydney *10 A THRIVING Australian resource sector will compensate in the coming week for losses among stocks exposed to the vagaries of Asian markets, brokers said on Friday. The Australian Stock Exchange's main indicator, the All Ordinaries Index, rose 9.0 points, or 0.4 per cent, over
        875 words
      • 554 20 Prices also dragged down by quarterly results which failed to meet expectations AFP BLUE-chip stocks on Wall Street slumped last week in the wake of the continuing economic crisis in Asia and the latest sex scandal involving US President Bill Clinton.
        AFP; REUTERS  -  554 words
      • 431 20 LONDON AFP SHARES here fell over the week, amid uncertainties on the domestic front and mixed signals from bourses around the world. The FTSE-100 Index of leading shares fell by 81.7 points or 1.55 per cent, to 5,181.4 points. Wall Street fell late In the
        AFP  -  431 words
      • 268 20 TOKYO AFP JAPANESE share prices are likely to trade in a tight range in the coming week despite apparent improving market sentiment on expectations the government may launch new economic stimulus measures, brokers said. "As there is psychologically strong resistance at 16,*****,800
        AFP  -  268 words
    • 1514 20 Qhn M FRENCH stocks fell on Friday, led by Elf Aqultaine SA and Total SA, amid a declining US dollar and lower oil prices. France's benchmark CAC40 Index fell 22.44 points, or 0.8 per cent, to 2,966.15. For the week, the index lost 9.94 points. Elf Aqultaine
      1,514 words
    • KUALA LUMPUR STOCK MARKET
      • 7022 21 CwtMMf pntKti MM LMt Vf "aak Mali Law Camp any Sal* "OOP Hla* I— 245 WO AJMomoto 2J0 -10 *45 183 123 ApoMoVoodMg «5 unch 94 183 «5 jg 250 »0 BoriayaLand 233 38 J7J0 250 208 133 ***** ISO L5 BartayaSmgar -Vt 8 3072 150 OS S3 240.4 300
        7,022 words
      • 382 21 AFP F1 Composite Index *18J0 MALAYSIAN stocks will take a breather amid a long festive break after rising 3.4 per cent in the week to Friday, analysts said. "Investors have squared their positions ahead of the holidays. Trading will be quiet on Monday
        AFP  -  382 words
    • WARRANTS & OPTIONS
      • 3417 22 10MDS, LOANS WAMANTS m 1997/98 Last Vat Waat Last Ousts A*« Hign Last St no Company Sals aar- COOO> MUh Law «»ys» SaMar Prtca Z 68 m 3000 m AMOB C5.5H*****6 9 9 *81 a 3160 *Acar ******1 US$ 11 »L5 59 11.5 10 103 12 131 8.5 3164 Acma
        3,417 words
      • 223 22  -  WARRANT WATCH -Bjr Ven Sreenivasan THE warrant of electronics components maker Flextech Holdings was the fourth highest percentage gainer on Friday. The instrument gained three cents or 20 per cent to 18 cents. Some 89,000 units changed hands. The underlying stock meanwhile edged up
        223 words
    • 2068 22 k MALAYSIAN STOCKS i or Or 1997/9% Last Vai *Mt LMt an Mv Mr VM IM M Cap I High lw Stno Company Sata *h COOP! llg Urn ggr Mir C*w W <"* 478 28 mi 5000 AISBSOc 84.5 *6 ***** 118 763 84 843 5.0 13 13
      2,068 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1127 23 ■J—g-v- -—ay MMM MS.9TS 458.790 t««4.rr« UIMH MM V5;«.«7 mm* lB.«1 204,704 WW MF.I0} MM mm* toaro »4» aoSjr awl Mg mrtll OUM 174,644 aus WW Mj <*"} Hm<HH RM7 HJ« *21 S5T* 23,499 mOM 144>7f7 WJ# «irf8 ,0S7JM "232 "2& "555 JtKwtumiitoeia. Fuha irtmluM K>iii*m* n<n»Kfc Fhfca ia*«MM4iM*»»*iifl mliiju'iilai
        1,127 words
      • 4220 23 199T/98 LMt Va» WMk Laat Quota Otv Hi TN M 52 *5 Mm* L— SWa Cimpany im fOOOl HM> L—r 6nrar «—«f 5* 1ST 18-5 1020 ACCOynamicseOc 28 *6 41T 29 22.5 273 2* 22.9 26 5146 ASENT$K>200 US- 885 885 1275 ASfUSIcWO US885 III I jjj 1u»
        4,220 words
      • 1054 23 MT/M LMt Ml Waak LMtOMto 0* M* VM IM Ca» *«H mh> l— mm cib>i«t »n rooot t— cv .MM "*!ii!E fl *>g« *$£0- Ifcls^g: 166 76 a 2000 AWHHtgik 119 *9 227 129 110 114 119 10 10 0.1 MO 911 93 446 76 t 2049 AS AUOToc
        1,054 words
      • Article, Illustration
        419 24 Source: Deutsche Morgan Grentell Research Stocks VataNM SingTel 15c 122.956.000 •Renong Bhd 50c 97,548,000 *M8f Capital 81.224,000 •Rekapacific Bit 71.742.000 •Innovest Bhd 54,408,000 STEngglOc 48,880,000 •MBF Land Bhd 42,573,000 •RHB Cap Wt99 41,900,000 DBS Land 41,213,000 •Berjaya Group 39,028,000 Stacks S_ SingTel 15c 395,432.822 SIA Foreign 177.628.242 DBS Foreign 139,282,005
        Source: Deutsche Morgan Grentell Research  -  419 words
      • 694 24  -  THE WEEK AHEAD Flood of forced selling, squaring of positions could come next week after last Monday's buying frenzy By Ven Sreenivasan PLAGUED by a weak rupiah, Indonesia sneezed and the regional financial markets caught a bad cold. That, in a nutshell,
        694 words
      • Article, Illustration
        56 24  -  -by Shiv Taneja PROMET closed two cents lower on Friday at 14.5 cents on a volume of 9.8 million shares, compared with its lOday traded average of 3.3 million shares. In the days ahead, the stock might lose more ground. But in the medium-term, the outlook is positive,
        56 words
  • Page 15 Advertisements

  • Page 16 Advertisements
    • 73 16 LION m CITY JHk COFFEE HOUSE v/"xT FA CHOY yu 9cmQX& from 27 Jianuary to 11 February Mixed Claypot Rice Beef Claypot Rice I Pork Ribs Claypot Rice Seafood Claypot Tang Hoo^v For Reservations, call 744 8111. Lion City Hotel, 15 Tanjong Katong Road, S'pote *****0 FREE! If you have
      73 words



  • Page 19 Advertisements
    • 52 19 2 mSnj i «i H J# '|j M Classified ads can get you stereo equipment for a song. No matter what it is, you can always buy it, sell it or find it with the Classified. i fc, T0 l l FREE 1800-737-1166 y£J I s (all Today For Results
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    • 57 22 1! M *9 HHtk M H OOS3 9WMM Oftf Mriilkl SM MSS '£*.VV,. Ir' 1n f V* mmm mm mjiiiuw r rwm ♦■^»w^«io%» inm «i— m *o»'«'i'i"" «■*■•*•»■»•> W W Ww Oo Um—« 'Jt W»H WLM Mul—lii t fH*i »—»>»■■ I ■Mmllfc 111 I .B J- J- W n_ ji
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  • Page 23 Advertisements
    • 79 23 Time MAKES businessman. Wm Classified. Siraite Tunes They help me mAi Classified is my best do my investment. L^^fi^^ SaVe Gart^ ■■^■B 11 11 cats. I '*/r?T DICKSON WATCH JEWELLERY (S) PTE LTD HIH! I w I IA rfOCKSON CONCEPTS (rfTBRNATDNAIJUMnH)! H H 18M-737-11AA ittA 391 A Orchard Itatd Ngae
      79 words
    • 9 23 The Straits Times Classified someone to JII ll:> 1
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  • Page 24 Advertisements
    • 318 24 BUSINESS Notices NOTICE IS HEREBY GIVEN that, I Tan Chiew Mooi of 60 Duku Rd Singapore *****3, have applied for a Ist Class Beer House Licence in respect of M/s ZMC Eating House located at Blk 170 Stirling Rd #01-1147 Singapore *****0, and that this application will be considered by
      318 words
    • 601 24 NOTICE IS HEREBY GIVEN that, I Yu Lai Cbeong Donald of 72 Lorong Melayu Singapore *****5, have applied for a Public House Ist Class (Extended) Licence in respect of M/s Kazaam located at 212 Telok Kurau Rd #01-216 Bright Centre Singapore *****5, and that this application will be considered by
      601 words
    • 367 24 M THE MATTER OF THE COMPANIES ACT, Ctwptor SO AND M THE MATTER OF TWE PROMOTION (S) PTE LTD (M MEMBERS'VOLUNTARY UOUDATION) Extract of Hm Minutes of an Exlraontnary General lining of V» iwwtei of TVC-Promoton (S) Pte Ltd MM M 6 Rottnaon Road. •08-00 Cooco Budding, Singapore *****4 on
      367 words
    • 344 24 W mi *****111 I ii I Your weekly guide to what's hot ■Mlflil P7 and hip on the music scene R&J J -TTie New Paper Fastads, every Tuesday. NOTICE IS HEREBY GIVEN that, I Ong Pang Seng, Gary of 370, Thomson Rd, Tan Tong Meng Tower, #08-372 Singapore *****8, have
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    • 450 24 To advertise call toll-free 1800-*****83 NOTICE IS HEREBY GIVEN that, I Tai Yaw Wah Kok Wah of No. 27 Mount Faber Rd, #01-08 Singapore *****0, have applied for a First Class Beer House Licence in respect of M/s Grand Food Mall located at 1 Jalan Berseh New World Centre #02-15
      450 words
    • 41 24 BUY/r SELL FIND*> Classified ads are purr... feet for finding lost little kittens. No matter what it is, you can always buy it, sell it or find it with the Classified. to 11 i»1 HOO-73H166 23 (•M ?«4«t In Iraki Immin.
      41 words

  • SHIPPING TIMES
    • 248 25 Contributed by Simpson Spence Young Many buyers continue to mark time in the dry bulk sector, biding their time until they deem the prices have fallen sufficiently. The Panamax bulker •Global Challenger' (73,000/96) having been inspected by a number of buyers saw offers well betow the owners anticipated
      Contributed by Simpson Spence & Young  -  248 words
    • 117 25 Jmu n m Ww -aJ« <*** J 2S j srsrzzgs 3 HMMtaw om -am i» HTlMte ril I JttStSSm-—0J7 si sS t% S Br- 33 0»WI mmww» Usam 3.04 "no tocMc Canton 0J2 -ftWf 27 p«UMMC«i.oiis -aon or ST K 2.M assarts: j SKtesrSS j«a m OlwiweCerp 2.4
      117 words
    • 429 25 Competition from Japan, Korea hits Vs off staff from China State Shiptarildiiig Lloyd's List [HONGKONG] China State Shipbuilding Corporation is to layoff 90,000 of its 270,000strong workforce over the next three years as rival yards in Japan and Korea
      Lloyd's List; FILE PHOTO  -  429 words
    • 570 25  -  UMER SCENE By] David Hughes NYBODY still brimming with confidence in the long-term health of the conshipping business, ■I give London shipbroker Howard Boulder's latest monthly report a miss. Although Houlder is mainly concerned With the bulk trades, it also follows the box
      Source: Howard Houlder  -  570 words
    • 316 25 SrarcMsayithu decided to publish rate assessments Reuters [LONtfON] The Baltic Exchange said it will announce a decision on whether to go ahead with publishing tanker rate assessments soon. Baltic Exchange chief executive Jim Buckley said: "We will let you know
      Reuters  -  316 words
    • 381 25 Trouble had been brewing at company following management change* From in Kuala Lumpur SOME 708 employees of Malaysian marina engineering company Sabah Shipyard had their jobs terminated last week. Company officials cited "severe financial and cashflow constraints" as the chief reason behind the
      381 words
    • 101 25 [SINGAPORE] A multimedia training package on steam, turbines, originally developed by Singapore Polytechnic students, wUI be produced and marketed for the marine industry in a Joint-venture with Videotel Marine International. A Memorandum of Understanding was signed by the Marine Technology Department Transportation Department
      101 words
    • 920 26 MBWOIFBIBW Fairlines, founded by a member of the Van Cleef Arpels family, hopes to find its niche amongst the major airlines Bloomberg LIKE many young boys, Francois Arpels had a passion for airplanes. He remembers building one from Lego blocks at age five, and sitting
      Bloomberg; AFP  -  920 words
    • 337 26 PACE EuroHansa 6 ah 3 Eeergreen 6 Accord 8 L 0r rt M Ahrenkiel M FL-Bright 15 Appenship 5 Farwio* 14 AsiaOCL 15 FoongSun 8 Astro 3 FroU 15 Austral 9 WUnk5 Avant K CLiok 4 B'tang Mas 8 GemartraM BSA 7 <*«*«
      337 words
    • 18425 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT M. *TA rTi V|»1B TM.nHiin I FT A FT A ArfvartMar VmhI V#1M Voyao# TtlapTtooa I ETA ETA Advartfcar Va*»al voyaga THaplwna I CT A rr S l3E Numbar SIN Otlt'n N«na Nam. N«m<~ I To BRISBANE (BNE) 205B Tfl A I Queensland, Australia Tta
      18,425 words
    • SHIPS IN PORT
      • 608 41 Vwl V*T M> lartt Arrival Pafartra Jfc—Nrt Bt tar Takin 0390 JOI »nrtl 29.01/00 M Irisaa Sa 060*0 JOI ll»M"l 2101/230 K Mm Gt6 ST 0T0190 JOI 25.0V2300 M Sury Mt JAN2& JOI 4ta*M> 25.0I/1T00 CkMi Sun 219S8 JOT alaagsl6l 2101/1390 CMC* Taraiig CT8002 J03 alia|lHl 25.01/1500 QOffskorl
        608 words
      • 1231 41 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO tootm/llim tstts SMp V>y W Etb/Btr Nrted Frow T> Frw ha Omm UH 21/1300 W 2VHOO 2VMM IVKOt DoMm MM 2T/BM M 2VBOO a/MM HWM nmoo 2vwi ivwoe a a/mo whu imm S H/1700 aflU* 24/0M0 1 2t/0700 itW 2WIC0
        1,231 words
      • 207 41 Jaa M Australia: Australia Day Holiday. Jaa 17 China: Chinese New Year Eve. Hong Kong: Lunar New Year Eve. South Korea: Lunar New Year Eve. Taiwan: Chinese New Year Eve. Jastt Brunei- Chinese New Year. Hong Kong: Lunar New Year. Malaysia: Chinese New Year. Singapore: Chinese New Year.
        207 words
      • 750 41 THIS report complied by Cockett Marino OU Ltd. shows price ranges In US dollars instead of single prime tor a more comprehenelve description of the market Prices shown ere baaed on averagi slasd stem Market movements ars Indicated. The Cockett Bunker Prloe Index change and the
        750 words
      • 345 41 Carta* NO Mai MM M 5.4 0.14 ST 0.05 m DaaaRv Mar OaiMaa Aak mhhMm SaNawM MHinQS 0 0 2 2 0 9 =Z rssr Mi M 04 OjOT 21 OA |5S1 M0 Ma M04 0.7 ft A 0.0 B U» mw» »w» %wm »mi w
        345 words
    • AIR & LAND TRANSPORT NEWS
      • 483 42  -  Itepite economic gloom, US company is optimistic about its expansion plans bore By Felix Chan [SINGAPORE] Despite the dark economic clouds hanging threateningly above the region, US-based logistics group AEI remains committed to its expansion efforts in the region and will
        483 words
      • 360 42 Airlms weeing Indian Airlines, Air India and Alliance Air Reuters [BOMBAY] French President Jacques Chirac said he hopes India's state-run airlines will buy European Airbus airliners when he addressed businessmen on Saturday at the start of a three-day state visit aimed at
        Reuters; REUTER  -  360 words
      • 204 42 AFP [LONDON] The European Commission is expected to issue a green light for British Airways' planned alliance with American Airlines within three weeks, the Sunday Times reported. After more than 18 months of wrangling, the EU's top an-ti-trust official, Competition
        AFP  -  204 words
      • 157 42 Reuters [LONDON] British Airways declined to comment on reports that it might delay start-up of its proposed alliance with American Airlines on certain routes in order to win approval from the European Commission. "We are in discussions with Brussels, we're still hopeful of approval
        Reuters  -  157 words
      • 93 42 [KUALA LUMPUR] Lam Mei Ling (left), a Benson and Hedges Bistro staff member, giving a free cup of coffee to motorist Ali Bin Hassan at a stopover along Malaysia's North-South Expressway yesterday. The cafe is giving out free drinks between 7pm and 2am from Jan
        AFP  -  93 words
      • 259 42 USSlbKonkiui Railway has shot past deadline, budget AFP [BOMBAY! A 760 kilometre railway line in India, which took seven years and almost US$l billion (511.7S billion) to build, will be officially opened this week, officials said. The Konkan Railway, the
        AFP  -  259 words
      • 137 42 Bloomberg [ZURICH] SAir Group said it signed a cooperation agreement with state-owned Turkish Airlines, deepening an existing accord and extending its number of alliances amid heightening competition and falling air fares. SAir Group, the operator of Swiss airline Swissair, said the agreement includes each
        Bloomberg  -  137 words
      • 298 42 Reuters [FRANKFURT] Germany's Lufthansa Group, reporting an increase in the number of airline passengers carried in 1997, has said it saw no cause for revising 1998 earnings expectations due to the Asian financial crisis. "The currency crisis in Asia had little impact
        Reuters  -  298 words
      • 1281 42 ITY fUtMT CIA FUOOOT OB MO** St*—M. iiaDMi oocso trzs im m *twt bw atooo aw ***** 2235 mtmrnt SB977 1720 S0970 WW Mttartw AM) OHO SA994 0200 ft* CM NO* VN7« OB **742 ONS S0343 1755 MP92 B3S SOTO *50 S0172 1005 KL83T 1540 $0320
        1,281 words
  • Page 25 Advertisements
    • 16 25 Dream airline takes off Fairlines hopes to And its niche amongst the major airlines. Page 2
      16 words
    • 56 25 AEI still ken on 2nd S'pore centre Despite economic gloom, US company is optimistic about expanding here. BeokPifi I'ill r j •5 I A 3. v m w ft Visa Freight Services Pte Ltd The Global Vision in Total Transportation Regular Groupatje LCI Consolidation Import Export S- r; r Oceania
      56 words

  • Page 26 Advertisements
    • 831 26 rasa vot raw mm u m I hou I ooc wt Imcoorr |jy 1 •wjflS?T^^B^^n i K^Tj?TySFp^^^Sp^^^J VHIIM SMITH OItSOO M/M M/M M/M M/M M/M M/M M/M M/M MlS*"" 13« I»%1 %8 M% I «*>S IWI *M 1 I OOaOMU SIMM 11/01 11/01 17/01 01/01 01/01 04/01 OS/01 00/09 ooa
      831 words
    • 509 26 Urm& mtvcm wpreMnted u. *fS#*l fll® Sng^R^Fo^rtw vSJpPw AccradKad Shipping Agents CjAfW Association Xtcy Singapore Shipping Association Shipping Times Jut talk tout... IrliLlm 740-2044 Jarrod Leonf 740-2060 DgOKTaTjI^rarHIIJII^TTiZiL- 1 jaiuc mm •mji ttji pii I mji I «ui iui wa iin liji im laiowi mm im mi Itmliua im mji
      509 words

  • Page 27 Advertisements
    • 854 27 TO EUROPE FROM EUROPE Rroi VOT «im nam mw sou uTjlvisja vot n* nam orv sou mm m* -mm sojo 12/01 ij/oj 10/02 u/w wuotdanbca *ou 01/01 jo/uoj/oi Ji/n aosa io» n/01 oi/oj 10/02 13/01 14/01 ooaicnauMK jom 04/01 00/oi 00/oi 10/01 27/01 MJNGA PBANGI J0» 24/01 13/11 11/01 00/01
      854 words
    • 1613 27 (g) HANJIN SHIPPING USA wva/voT mm uwnwa/yoT I m|w I w <* |Mr I mi wI pw |mm m m m H. HUXSTOWf 0171 30/0T W/W B/01 11/W a/W n/W B/W B/W B/W B/W B/W B/W B/W B/W B/W B/W HpnqowiMyi B/01 W/W SQSf/1011 B/W 14/W a/W 17/W B/W B/W
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    • 103 27 ORIENT EXPRESS UNES (U.K.) LIMITED OEL (MANAGER FOR SHREYAS SHIPPING LIMITED) weekly SINGAPORE/MUMBAjJBOMB^Q_SHUTTLE_ Vissa VOY SIMCAPOM BOMIAY VESSEL VQT 10—AY SWMfOil OOCL ADMIRAL 012 26/01 04/02 CXXI ADMIRAL Oil 14/01 26/01 KEDAH 011 30/01 06/02 KEDAH 010 18/01 30/01 ACHIEVER 006 03/02 11/02 ACHIEVER 005 21/01 02/02 ALBERT BRIDGE OH
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  • Page 28 Advertisements
    • 978 28 CT DSR-SENATOR lifiß Round the World Container Services TO UK/CONTINENT FROM UI^ONTINENT mtmt lan I fllM I MIT MM imv IFU llttM& WW IB* m _53L JHH— JH_ bsrtHF "um "iiff "W TMT 18.8 »K obtnbmbu> EBB MM M MB MB M nwnsm wmlaai aa tin ia.a an zze chotmgbumt
      978 words
    • 986 28 MY MMC LJNE YML imwim Wato Stta http: //www.ymLcom.tw lf1:in4II'I.IM?MII:g>lll!lll?H?IHII:».lJJHII=lHtl'»l l UHIf1Jimi U:m*»;l'JMI TWSMEXL YEVWY THURSMV/MMOAY VESSEL VOY CM HIM HAM PXT L£H ARR MING GALAXY ABO4W 3(V01 03/02 21/02 19/02 18/02 23/02 HUMBER BRIDGE JBO4W 02AK 19/02 21/02 22/02 24/02 GIBRALTAR BRIDGE ABOSW 06/02 10/02 28/02 2602 25/02 02/03
      986 words
    • 327 28 UNI miSMMNNUbINfIIi uuara iabuan vtssa vor m ra vtssa vot to it* SPOK MIMA SMK UN IWSW VOX/M 24/01 27/01 IMfl VW/W */0l */01 mtOUMT VOX/* 01/02 00/02 mUR WO/* 03/02 07/02 J.PMWB VM/N N/tl H/« IPKOSW OS/W 00/02 Mtoorr m/N u/w is/n imaarr v«c/w 12/02 u/w iMOSfU VOX/W 14/02
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  • Page 29 Advertisements
    • 1001 29 IVKSML VOV ISM IMU I HCO I PBI I BIMI I«W I y IRAN TCYfOUM PJL-1297 o#/01 18/01 MAN TAKKTI PJL-IWB 14/01 IRAN OMEYAMAT PJL-1272 03/02 12/02 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAUAN, HRGISTAN. TAOZHIKISTAN k GEORGIA VIA B. ABBAS. BIK AGENT K SINGAPORE
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    • 1403 29 UHIMf TO 1 NIW YORK, iimHOH. I SINGAPORE'S GdHKAi AGCNTS: SHWTOHWAY 10:22*1900 MX: 22*2201 OUTWARD (l/U COSTAR SHIPPING PTE LTD #17-00 DOS MOO saus/NOS 4205*41/43 INWAID DIPT (D/O) ******5 COSTAft AGENCIES (M) SDN BND I Qt MO: 117*7******01 TOWB TWO (o***of) COBVBmOBAI 4205*50/55 T/SHPMTPfPT 4205*25 TE: 02-07-35 Ml** FAX: 02-07-ISMI7O
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    • 425 29 1 1 EASTERN CAR UNBt, LTD.'^XgTp 7 l*A (SIHGAPOM) Ht LIP lammmvmt 1 sncuuin m kqbo a wavy un urro\n tows Kl {SWfiAPOKDffItTQ LOADING FOR PORT KLANG/MANKA PORT KLANG MV "ABU UIIfTENANT" V.6 MV "OCEAN SAMFAGUITA" V.12 ETA SN 25/01 /98 ETASN 28/01 /98 ETAPKL 29/01 /98 ETA PKL 26/01
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  • Page 30 Advertisements
    • 1079 30 I V/ymmMCMMmuMiumMM tarn MM jUM HH TNP 2B UN LNV TMP ROM AMW HM PKL IMP I. DELUXE MMtt 31*1 2W 2W IW IW 14« *W E. REM RMI4 61*1 J™" «2 *J2* E. DELIGHT RW-001 OM2 27*2 14*3 2W 12*3 IW 64*3 E 5E"""2" 122J 12£ M!2J I. ROUNO
      1,079 words
    • 730 30 WSIK" J ommktmmn—m BMf:(aM)ai«l7B MAMLA: (OK) *****61 v— V PEMAMQ: (04) *****3* *****87 SURABAYA: (31) 201«00 EHgUtfwTfalOMMT JKT(2t)MOOIO7 MOM <01)844*3 TYO/TOtt/OSA/uicß USA !MV "SEVEN SEAS CHARIOT" V.634/E MV "PUGWASH SENATOR" V.002E ETA SIN: 8-2-98 ETA SIN: 3-2-98 ROTTERPAM/HAIIBIIRC AUCKLAND MV "MSC SOPHIE" V.9805-3 MV "PRESTIGE" V.29S ETA SIN: 11 -2-98
      730 words
    • 345 30 NANTAI LINE FUUY CONTAMBHSID SIRVKETO MAURITIUS SOUTH AFRICA rasa I VOT I si I flu 1 w» OT »/mt aynmm oog m/w \m wn imhmdhsor io4s ii/b ww n/n jummig ows ii/w 02/p M 3 WWMWMS PSS H/B BZ/P (X/M W/B muibhiamr ocs oi/to urn is/%3 i»/p mronrßKßS «os quo
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  • Page 31 Advertisements
    • 412 31 M MYANMA \BBBk FIVE STAR UNE W (Mynaar N«Hmml Um) w LowKaf foe Y«|M (Rm*ms) Vfssa VOT SIN n« PBI POI HAXHA HI BB [j HUM 251W M/ 1 I I MALAYSIA AGOITS: OOUSTIAD SMFRNG AOOWf S lUL TH 02-03-*****00 Ml: TH 02-03-*****01 rot m 02-04-*****42 WO: TH 02-07-*****21/4 BANK
      412 words
    • 861 31 HYUNDAI MERCHANT MARINE CO. UP. MIMBMiMMMiMMgjg"ggB^B?g^SSSSi£SBSSSSSSSSSS^^^S irasa voy i im i mi ma amt otb mi i vumu ti Iw H/Sl I 19/A2 13/02 15/02 15/02 15/02 10/02 NY OAMN 3101 01/01 04/01 04/01 00/01 04/01 00/01 14/01 1 S m S/5| 3S 2/S n/5 nm «m 35 «/oj j>/j;
      861 words
    • 517 31 MB am* nonxgon speooized oukxomen S^fuVCS* 1 5 (^2)^(§](§ TO NORTH AND LATIN AMERKA Ivissa vor —Tramp height UN lax cm. (mu sav oal otf hyc new moo tou fmI —WIST ~Qi 3575T *****""075T WITIi7ST WoT"u7Bs~ WoT WBT" TARONGA FIO4 400 tat 6JM 09/02 10/03 11/03 21/03 23/03 2S/03 24/03
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  • Page 32 Advertisements
    • 836 32 MMIKOK/UIM CM AMMO JAKAWTA/MIIJAW VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN ACX JADE 12N In Pt 29/01 ACX RUBY* 148 In Pt 28/01 QUA BHUM** 41N 27/01 30/01 DEJA BHUM 732S 27/01 30A>1 »/01 HAMTABHUM 378N 27/01 31/01 30/01 XETHA BHUM M4SB 28/01 31/01 BAM BHUM** 82N
      836 words
    • 356 32 BINTANG MAS SHIPPING PTE. LTD. 38 NEIL ROAD. SINGAPORE 0206 TEL *****68 FAX: *****64 Bffj TUfc R*****6 SMMER ■l|l CR No: **********0W n>caMng Cargo at PTI I Bintuhl I 1 Mww viya VM y* jjyVßSßVaiSliMi IV, *Wo2t (--Ml 01/02 "J* WOOIE I*^24/0130/01 IhlM V 9803( OS-0&/02 11/02 iy V9IOK 03-04/0?
      356 words
    • 736 32 A ACCORD A SHIPPING PTE LTD 1*1: ***** IS (40 Una*) MX: *****30 HMKUM MSWMI U M D9MCT ACCESS TH: *****55 (EXPORT BOOKING) WICMUC fnUIW *****34 (EXPORT DOC), *****99 (IMPORT] fSUW M»INI MumPi//wwwjkcoo«D.co«LSo iwura cnjMvami yyy potr mwm potr msm poit ha sm pow ro sw (FAR EAST) (INDIA) (EUROPE
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  • Page 33 Advertisements
    • 322 33 INDONESIA NATIONAL LINE I I Ti"' I WJTAI I «Wl| J tilt 110 I OMIT I M I TO AUSTRALIA 1 I RILLOOWm—WMWWOI I m wr_ jk f» ja jm ml fw I «runw tut wiwil mm mm mm txt I mown* vMt amwlMi am a« I NOLMMR KM Mr«t|
      322 words
    • 481 33 PACIFIC INTERNATIONAL* UNES (PTE) LTD 140 Ceci Street, #03-00 PIL BuiWing, Singapore *****0. CR NO: **********06 [ft i i *****5§ 1 i U-i-H--f > AUOACgPWM WW MMA BMMMA MIMI BBMiIA t MBMBI fMMVMRMOBH CAMO TO IyUKOII 1 AOMftASA I HimPOtTUHB im.JMAIA* [nri M6M7I 4/l 1/1 1/i I'/j 12/3 ii/iE M/l
      481 words
    • 773 33 Wl VQY I y<"l JB I MU> I I HAM T» WTM at "~l WJ-EQgTWYA TXWf 17/01 OVOB OMB Ijg 17/ OB IMB IMB 6MB VKJLEMMMOtA V2SMf OMB IMS IMB «1/M 2MB H« M/OB 17/01 V6A£QgTAUWU6 MO OMt WB 2MB 01/ M «W OMB OW WW vigtraouAWue unw 17/ ob
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  • Page 35 Advertisements
    • 32 35 To retrieve more-schedules, Just follow these simple steps... document Mm* i 740-6000 ep be «i" vour key in the four %Jfhone number Key in your 'MNPf YORK{HYQ OTS for calls within Singapore
      32 words



  • Page 38 Advertisements
    • 814 38 SAMUDERA SHIPPING LINE LTD I —o** 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OWTWABD) *****61 (INWARD) TLX: R*****0 BOOKINGS CALL DIBECT Ll 2222 l 3 7 slgs/week 52HSS3i 2SLQ/WEEK lurfia PBS? TBI TJAK VESSEL ~~VOY 81 Ptß 8BBna«H -SSSS—gm 2*»i(WEP> PANCARAN SINAR 1069 A 27/01
      814 words
    • 506 38 ENG LEI SHIPPING CO PTE ITDI WVI Mi SSJM7I llinl T to SmtM/HMWO CI IStIttNMK VBSa VOY SMITA SIN ETD DESTMAnOM Dm Doya 03/98 26/01 27/01 PwnnnQ/f.loni/lualn Marco Polo 2 02/98 03/02 05/02 K Tunggot/Patomfaong SimCwtnl 02/98 04/02 05/02 Pnwmn/luoioii/* Bau Bum Afaadi 03/98 05/02 06/02 Pomwna/luolw/P. Ban/ Union Star
      506 words
    • 489 38 SIN FAR EAST 08/02 KEELUNG/KAOHSI UN G 08/02 BANGKOK 08/02 MANILA/CEBU 08/02 JAKARTA/BEL/WAN/SURABAYA 08/02 PORT KELANG/PENANG/E. MALAYSIA 10/02 BUSAN 08/02 TOKYO/YOKO/KOBE/NGO/OSA 08/02 HONG KONG SIN CHINA 08/02 GUANGZHOU/HUANG PU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIM EUROPE/UK 08/02 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIM USA/CANADA 10/02 LOS ANGELES/NEW YORK
      489 words
    • 468 38 Singapore Soviet Shipping Co. Pie. Ltd. CRNO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL ORIENT CORO 100N 20/01 03/02 14/02 10/02 KOTA RAJA FUAOO3 03/02 10/02 22/02 24/02 TRADE FAST TFS2OO 00/02 17/02 02/03 04/03 ORIENT CORD 100N 17/02 26/02 00/03 11/03 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA VESSEL
      468 words

  • Page 39 Advertisements
    • 797 39 ASIA MHMTHMtANEAN EXPRESS (AME) WESTBOUND SERVICE I .Xfc I JBx I I .a. I I MSC RAFAELA 9804-3 03 FEB 07 FEB 16 FEB 18 FEB 20 FEB 23 FEB 24 FEB 25 FEB I fflr lT?il TTppiT OA FFR 26 FEB I 28 FEB 03 MAR 04 MAR 105
      797 words
    • 1222 39 magma I jW I S3, I SB, I SSn I fifiBbt tm I 8ff I SS I 88* I W I 88? SSaSSSS SSS 52 SS 55 SS ffi* 55 SS SS 55 1 35 ooasMMOi IIMM HM IIM IMS ITM UM ooqsmmcm MM HM IMI I*M nn tm/.mui smm
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  • Page 40 Advertisements
    • 425 40 RSL^VOY^SIH^IS^^sin| I TIGER BAY 599N 28-29/01 03-07/02 11-12/02 I I TIG6R WAVE 600N 31-01/02 0&08/02 14-15(02 I I TIGER ISLAND 601N 04-05/02 10-14/02 18-19/02 I I TIGER BRIDGE 602N 01-08/02 13-1602 21 22AJ2 I I TIGER BAY 603N 11-12/02 17-21/02 25-26/02 I I TIGER WAVE 604N 14-18/02 20-2302 28-01/03 IXPRESS
      425 words
    • 522 40 FREIGHT UNKS EXPRESS 62 Toh Guan Road, Singapora *****1 Tel: *****66 (60 Linaa) Fax: *****33 E-mail: flesin@singnet.com.sg REGULAR SERVICE ALEXANDRIA(ALY)/ VALENCIAfVLC)/ BARCELONA(BCN) Etd SIN Eta ALY Eta VIC Eta BCN ENCOUNTER BAY V 7526 09/02 26/02 MONTE ROSA V 7048 06/02 25/02 EVER GENERAL V0199-059W 09/02 07/03 'Also Accepting: Port
      522 words
    • 945 40 OOCL (Stnoopof) Pte Lid CFS KappeJ Dislrpk hrkmkkg 79 AmmlM4 «1-04 (S) ****** Ift $13 #01-111 g mmty Mi CI NO I l«7t*****0H U; 272 7127 at 3269 190 *****13 E« 221 3942 Feu 272 7125 BMHpppi NOtTIAMKKA USA/ CANADA Q ABBMIIA TO USA sGP sro LGI OAK |an MEM
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  • Page 41 Miscellaneous
    • 128 41 LEGEND: R Thundarstorm T-n^°^ r C A X j ul 1J Waothar Wind draction with iptw) m knots V Cloudy Sky Wova ha*ht Sarfaca winds ara MksMd by arrows wMdi Hy wMt tka wind (5 On* *u* cirda raprasants calm or light and variabta winds 1 Ona half fWcha raprasants
      128 words