The Business Times, 18 February 1998

Microfilm: NL21083
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA(P) IHVI2/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, FEBRUARY 18,1998
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  • Article
    MARKET SUMMARY
    67 1 D MMJ9(+15JS5) He™ U Ml 74 (+22 JO) PI ROOHP W133U3 (+31.22) il iriu U 7B.42 (+24.82) Q ■IKKETMOODc mm mm STOCK mahethmceb Tuesday Chance KLSE COUP NIKKEI ICJS171 »litis HANG SENG SET INDEX MU ♦18.47 JAKARTA OOMP ***** M4J0 MANILA COUP I*i« *XtM TAIPEI WP1 &78ZJS *TIM
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  • Article
    FINANCE
    71 1 EXCBAUBEIATES ust St vst -—im 1658 17*4 DM MM Ml* YEN IM I7M \m MS MM 0«2 HKS (ia MIS BAHT 0.022 0096 HJP1AH IM 0.011 0.018 Interbank nuts FUME BATES SINGAPORE* 7.86 KUALA LUMPUR 11.1* JAKARTA 2600 BANGKOK liitt MANILA.. AN HONGKONG 112S TAIPEI Alt SYDNEY A75 TOKYO
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  • Article, Illustration
    Jakarta does U-turn on currency board plan
    746 1  -  Decision follows international opposition and World Bank move to defer talks From I S N Vasuki m Jakarta THE Indonesian government has decided to discreetly jettison the plan to establish a currency board, because of massive international opposition, the latest coming from the
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  • Article, Illustration
    Lock icon S'pore, KL agree to cross-holdings
    950 1  -  Aim is to make both countries stakeholders in each other's prosperity From Yang Razali Kassim in Kuala Lumpur IN a broad-ranging communique after two days of talks between their prime ministers, Singapore and Malaysia have agreed to take "cross-hold-ings" in each other's infrastructure and other
    THANG YU MING/LIANHE ZAOBAO  -  950 words
  • Article
    Joint communique of the Government of the Republic of Singapore and the Government of Malaysia
    475 1 IN A warm and friendly atmosphere, the Prime Ministers of Malaysia and Singapore met in Kuala Lumpur on 16th February 1998 and had productive discussions on a wide range of bilateral, regional and international Issues
    475 words
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      140 1 nranpg Bankers Trust hit by Asian crisis Faced with a US$S2m loss in Asia last year, Bankers Trust is shifting its currency and debt business from HK to S'pore to cut costs, Pg 2 M Store Hanks, the lecturer American economist Steve Hanke yesterday offered no new insights on plans
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      222 1 CM Market Capitalization f W Rankin S' Banking Group Ussbn IV9 'fII i ll 1 Lloyds TSB Group pic 75.7 i;| 2 Bank of Tokyo-Mitsubishi 72.0 3 HSBC Holdings 70.8 4 Nationsbank 60.5 5 ABN Amro Holding 58.9 *Hy market capitalization I |fj 1 i i| Sour m/vry as at
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      23 1 Sudra^jad'adlsmiual widely expected, Pg 4 It all hangs on Indonesia, Money Matters, Pg 5 More reports on Markets in Turmoil, Pgs 3 4
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Bankers Trust to move currency, debt business in HK to S'pore
      385 2  -  Hove to cat costs in face of USss2m losses JgfAsia coald affect 30-40 HE staff Catherine Ong JSACED with a US$52 million $$86.3 million) loss in Asia in )097, Bankers Trust is set to shift all its business in
      385 words
    • Article
      NTUC Income raises surplus by $60m
      168 2 NTUC Income raised its surplus by $60 million to $570 million as at end-1997. with In vestment losses more than offset by revaluations. The surplus includes unrealised gains and is net of bonus payments to policy holders. The insurance cooperative said yesterday its investments
      168 words
    • Article, Illustration
      Lock icon M1grew a mere 1.7% in Dec
      282 2  -  EYE ON THE ECONOMY Finance By* Clarissa Tan GROWTH of Ml, the most liquid measure of money supply, inched up to a mere 1.7 per cent in December last year its lowest since May 19%. Growth of M 2, however, speeded up slightly to
      Source: MAS  -  282 words
    • Article
      Questions for House centre on region's crisis
      250 2 THE Indonesian economic crisis will take centres tage when Parliament meets for a new session tomorrow. Prime Minister Goh Chok Tong will be asked for his assessment of the Indonesian crisis while Deputy Prime Minister Lee Hsien Loong will be asked to give
      250 words
    • Article
      Unilever to sell coffee business to S'pore firm
      270 2  -  4 Siow Li Sen CONSUMER giant Unilever fty is selling its coffee business in Australia and New island to a little known Sin-gapore-based company called fgteshfood Australia and New £*aland. A Bloomberg report from Sydney said Anglo-Dutch multinational Unilever has agreed >
      270 words
    • Article, Illustration
      Lock icon OTC drugs market set to grow up to 15% a year
      321 2 THE Singapore market for over-the-counter (OTC) drugs is expected to grow between 11 and 15 per cent a year over the next five years, according to industry experts at a healthcare conference yesterday. OTC drugs refer to those that
      FILE PHOTO  -  321 words
    • Article
      Insurers' costs outpace premiums: study
      369 2  -  Management expenses rising faster than premiums Ihj\ Soh Tiang Keng MANAGEMENT expenses of general Insurers In Singapore during the past years have been rising faster than earned premiums. Insurers therefore must check costs to improve their results. This was one of the findings in a
      369 words
    • Article
      TDB doubles franchise expansion fund to $9m
      194 2 THE Trade Development Board will double its franchise fund from $4.3 million to nearly $9 million to help Singapore businesses in domestic and international franchise expansion. The fund will be spread out over seven years. Other than outright financial aid, companies can also
      194 words
    • NEWS Roundup
      • Article
        S'pore,Japan join hands in multimedia
        57 2 SINGAPORE and Japan yesterday signed a Joint Declaration of Multimedia Cooperation in Tokyo which i will lead to joint multimedia projects by the two countries.) Speaking at the signing ceremony, Communications Minister Mah Bow Tan said that the agreement would also" provide the "necessary framework
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      • Article
        NTT to help conduct media field trials
        56 2 1-NET Singapore and Nippon Telegraph and Telephone Corporation (NTT) on Monday signed an agreement in Tokyo to conduct international media field trials together.. This will pave the way for SingaporeOne, Singapore's broadband multimedia concept, to extend its reach to Japan, giving Singapore companies
        56 words
      • Article
        HUB satellite pictures of Indon fires
        85 2 THE Ministry of Environment will sign a contract with the National University of Singapore's Centre for Remote Imaging, Sensing and Processing to provide high-resolution satellite pictures of land and forest fires in Sumatra and Kalimantan. The ministry yesterday said that the contract will enhance
        85 words
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      180 2 im ™^^^hhmm■* <nHßM wm^m^m^mtmm^MlM I FACT-IBM-SICCI SEMINAR I a Managing Foreign Currency Exposure Using Real-Time Accounting Software. Specially For Members of SICCI on Feb 19,1998 I Singapore Indian Chamber of Commerce Industry, FACT Software International Re Ltd and IBM Singapore Re Ltd are pleased to invite members of SICCI to
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      4 2 lU)SS wr I M
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  • MARKETS IN TURMOIL
    • Article
      Lock icon China won't devalue yuan, Zhu reiterates
      216 3 Reuters [BEIJING] Chinese Vice-pre-mier Zhu Rongji yesterday reiterated that China would not devalue its yuan currency for the sake of Asia's economic stability, the Xinhua news agency said. Mr Zhu, China's economic tsar, told European Union Trade Commissioner Leon Brittan that "China will not
      Reuters  -  216 words
    • Article
      Bank Negara eases up on mergers in finance sector
      535 3  -  Finance firms most wrap up plans, instead of actual mergers, by March 31 From Eddie Toh in Kuala Lumpur THE Malaysian central bank has softened its call for the consolidation of the country's finance companies and banks by the end of
      535 words
    • Article
      Lock icon Hanoi tells firms to cash in surplus dollars
      282 3 Reuters [HANOI] Vietnam announced yesterday it had tightened regulations for firms with foreign currency revenues, and that all surplus amounts would have to be changed into nonconvertible dong. The move, a day after Vietnam depreciated its currency by more than 5 per
      Reuters  -  282 words
    • Article, Illustration
      Lock icon Waigel in Korea to study situation
      37 3 ISKOUU South Korean president elect Kim Dae Jung (right) greeting German Finance Minister Theo Walgel at his office here yesterday. Mr Waigel visited Seoul to inspect South Korea's market situation. AFP
      AFP  -  37 words
    • Article
      Lock icon Korean stocks, won plunge on rush for dollars
      314 3 Dealers expect won to fall further given limited US$ supplies AFP (SEOUL] The South Korean won plunged against the US dollar yesterday and Seoul stock prices fell for the seventh consecutive day as companies rushed for US dollars to repay short-term foreign
      AFP  -  314 words
    • Article, Illustration
      Sudradjad's dismissal widely expected
      813 4  -  BI governor has had sharp differences with govt over handling of economic crisis From S N Vasuki Tn Jakarta THE sacking of Bank Indonesia governor Sudradjad Djiwandono yesterday was widely expected as he has had sharp differences with the government over the handling of the country's
      813 words
    • Article
      Lock icon US senator accuses IMF, govt of blocking Indon plans
      278 4 Reuters (JAKARTA] A US Republican senator has accused the International Monetary Fund (IMF) and US government of trying to block Indonesia's plans for a currency board. North Carolina senator Lauch Faircloth said the IMF and the US Treasury Department were working
      Reuters  -  278 words
    • Article
      Lock icon Peg can have severe effects: expert
      401 4 Strong political will needed for currency board to succeed AFP JJAKARTA] A government plan to peg the Indonesian rupiah to the US dollar could have "severe consequences" in the absence of the necessary political will and economic prerequisites, the architect Of a similar system
      AFP  -  401 words
    • Article
      Lock icon Asian crisis could turn into global one: Alatas
      221 4 Reuters [JAKARTA| South-east Asia's economic and monetary crisis could become a global problem after all if the world community does not step in to help deal with the region's problems, Indonesia warned yesterday. "The problems we are facing now in South east
      Reuters  -  221 words
    • Article, Illustration
      Lock icon Worth a nation's weight in reserves
      306 4 Source: Reuters The assets of a handful of Indonesia's richest people could go a long way to bailing out the country if the US$43 billion IMF rescue package falters, says Forbes Magazine's annual list of the world's wealthiest people. Under its Indonesian entry on
      Source: Reuters  -  306 words
    • Article, Illustration
      Hanke the lecturer
      738 4  -  Ull IUMFROM JAKARTA Interesting points but no now Insights on Inflftn currency board By S N Vasuki Currency Boamguru Steve Hanke turned up at a crowded press conference in Jakarta yesterday and made straight for the buffet. Journalists who had been waiting for the American economist for
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      158 3 U- "I r TO. v 1 N **v UW- l\ w 1 I i *•*> m 'M- m' -i- f w: f JV- »*<■ Jfcmi 1 Vf' y vS<|| -0>- ■•V''-'- v.Jjßpftl Are you making the most of all your strengths? J The marketplace today is a sea With vast
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon It all hangs on Indonesia
      1199 5  -  But traders note more sell orders for the greenback By Larry Wee [SINGAPORE] The last two weeks have seen regional stock and currency markets ride a roller coaster powered by debate over a currency board system for Indonesia. And it's far from over. Amidst the
      Compiled by BT; Source: Deutsche Morgan Grestell  -  1,199 words
    • Article
      ANALYSIS
      394 5 Return to fundamental* in Japan oould spell weaker yen ahead JAPAN'S fourth stimulus package since Oct 21 is designed to forestall criticism from its US and European partners. The pack age is long on detail but will do little to help the real economy. Risks are for a weaker
      394 words
    • Article
      Lock icon THE WEAK AHEAD
      358 5  -  Compiled by Larry Wee Sources: ANZ Bank (ANZ), Deutsche Morgan Grenfell (DMG), Independent Economic Analysis Holdings (IDEA), and MMS International (MMS). Indonesia Events in Asia are likely to dominate the market's attention In the week ahead. News delaying, or supporting an Indonesian currency board system may cause
      Sources: ANZ Bank (ANZ), Deutsche Morgan Grenfell (DMG), Independent Economic Analysis Holdings (IDEA), and MMS International (MMS).  -  358 words
    • Article
      Why China shouldn't devalue
      495 5  -  It won't help growth and may re-ignite runaway inflation By< Chi Lo The author is senior economist (Asia) at economic /financial research firm MCM Asia Pacific Co I Ad. [SINGAPORE] The argument that China should devalue the yuan to keep exports and thus its economy growing
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      156 5 To make sure they do; you should think about your plans for this year. i i i i 0K i i i i i i http /Avww.cebit de i i i i Information Technotogy Visit CeBIT 98 the world's latest, dcutschc mcssc ag, Htonovcr, Gcmwiy Network Computing most comprehensive forum
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  • SOUTH-EAST ASIA
    • Article
      Thakral to make audio-video appliances in Cambodia
      241 6  -  SINGAPORE By, Annette Pau THAKRAL Brothers Pte Ltd has invested US$4 million (Ssf>.6 million) in a 10,000 sq m faptory-cum-warehouse on the outskirts of Phnom Penh to make televisions, video, audio apd home appliances for the Cambodian market and for export. ,A spokesman
      241 words
    • Article
      Lock icon Businessmen in public show of support for Estrada
      439 6 MANILA Our backing of presidential front-runner should help dispel investors' fears, they say Reuters FOR the first time, leading Philippine businessmen came out in public yesterday to back Vice-President Joseph Estrada's presidential bid. saying their endorsement should dispel investor doubts. Mr Estrada,
      Reuters  -  439 words
    • Article
      Lock icon Indon intellectuals name ex-minister Salim for VP
      138 6 JAKARTA Bridge News A GROUP of intellectuals has decided to name former minister Emil Salim as their preferred choice for the vice-pres-idential post even as Research and Technology Minister Bacharuddin Jusuf Habibie looks set to be the sole candidate for most governmentsanctioned parties,
      Bridge News  -  138 words
    • Article
      Lock icon China concerned over Indon riots
      334 6 HONGKONG Bering worried about safety of its nationals AFP, Reuters CHINA expressed concern over the safety of Its citizens including Hongkong residents In the growing violence in Indonesia. a Chinese foreign ministry spokesman said yesterday. Wu llongho, spokesman for the commission of Chinese foreign ministry
      AFP,; Reuters  -  334 words
    • Article, Illustration
      Lock icon Jakarta orders improved food distribution
      298 6 JAKARTA Reuters INDONKSIA has ordered re gional governments to give special attention to the distribution of basic commodities to prevent further unrest in the community after weeks of riots blamed on rising prices. Interior Minister Yogie Memet told governors from all of Indonesia's 27 provinces
      Reuters; REUTERS  -  298 words
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      149 6 MOTOR ULTIMA 15 Queen Street #01-01 Tan Chong Tower Tel: 338 3844 Fax: 334 3877. Showroom hours 9 am 6 pm weekends. 9 am 8 pm weekdays. Come down today for a test drive. Aa'horiied dealer: SIN HOCK LEE CA RS EN T E.R PRISE. 165 Upper Piyi Leb a
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  • CHINA – HONGKONG – TAIWAN
    • Article, Illustration
      Lock icon Keep budget surplus, avoid large tax cuts, IMF tells HK
      606 7  -  HONGKONG BUDGET It also says HKs's peg to greenback is vital for economic stability Reports from Loh Hui Yin in Hongkong ON the eve of Hongkong's budget announcement, the International Monetary Fund has told the Hongkong government to stick to
      REUTERS  -  606 words
    • Article
      Regional woes seen dampening growth
      300 7 Butgovtnrgedto stick to policy of non-intervention THE regional currency crisis has "significantly" clouded Hongkong's economic prospects in the short term and exposed it to some vulnerability, says the International Monetary Fund. In its assessment of Hongkong's economic health, the IMF said higher interest rates and
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    • Article
      Lock icon EU calls for annual summit with China
      544 7 BEIJING AFP THE European Union yesterday called for an annual summit with China to improve political ties as negotiations on Beijing's entry into the World Trade Organisation (WTO) finally moved forward. European Commission vice-president Leon Brittan said improved political links were necessary to
      AFP  -  544 words
    • Article, Illustration
      Lock icon Taiwan markets take crash deaths in their stride
      364 7 TAIPEI No change in monetary policy, says bank; WP Index ends higher Reuters (TAIPEI) Taiwan's central bank yesterday vowed to continue business as usual despite the death of its governor, and the island's markets gave a resounding vote of confidence. While Taiwan
      Reuters  -  364 words
    • Article
      Lock icon China tightens control on forex deals
      262 7 BEIJING AFP CHINA has tightened its supervision of foreign exchange transactions, officials said, even as other countries hit by a regional currency crisis seek less open exchange rate systems. Zhou Xiaochuan, director of the State Administration of Exchange Control, said his department has "tightened
      AFP  -  262 words
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      25 7 No 1 OFFSHORE COMPANY SPECIALISTS BAHAMAS JERSEY BRITISH VIRGIN ISLANDS MAURITIUS CAYMAN ISLANDS SEYCHELLES IRELAND WESTERN SAMOA Tel (65)*****82 Fax (65) *****91 OFFSHORE WITH CONFIDENCE
      25 words
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      6 7 I nil I <>i A'. w///\
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      160 7 Afloio aeries from Ricoh. A machine you can trust, machine you can rely on, and one that's easy to use. It copies, faxes, and prints from one convenient location. And If your location happens to be a PC. Aflclo can handle that too Aflcios ability to oocmect to your network
      160 words
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  • FOCUS
    • Article, Illustration
      Lock icon Battle hymn for a republic
      1176 8  -  Deep divisions among republicans and even deeper concerns are widespread among voters as Australians decide on a future without a queen By] Peter Lynch [SYDNEY] J> t RESIDENT Keating" ran U the main headline in v, one of Syd- ney's leading H Sunday news- papers
      FILE PHOTO  -  1,176 words
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      168 8 c- lie il an cnliA-tcwl workgroup dsnanin <>r an enterprise powitlkmisi*, DIGITAL'S ultra-last. scalealde iiulows f servcrs oiler iinri\ailed price-performance and tiiirli ii\.lilabilitx across Hit' entire spectrum ol mission critical i J applications. Itcller still. Ihe smooth integration of\our ;i t M\cmimninent with Windows NT is miaranleed thanks stir e
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  • ASIA
    • Article
      Lock icon Economy likely to stay stagnant for a while, says BOJ
      400 9 TOKYO Production, jobs and income hurt by weak domestic demand Reuters [TOKYO] Japan's economy continues to be stagnant and is expected to remain so for a while, the Bank of Japan (BOJ) said in a monthly report yesterday. Weak domestic
      Reuters  -  400 words
    • Article
      Lock icon Japan's constitution needs to be rewritten: Mr Yen
      172 9 TOKYO Reuters JAPANKSK Finance Ministry official Eisuke Sakakibara. famous for pronouncements on the US dollar-yen exchange rate, has rocked the boat with remarks calling for an overhaul of Japan's constitution. Mr Sakakibara, widely known as Mr Yen. said in an interview with
      Reuters  -  172 words
    • Article, Illustration
      Lock icon Only 50% of 250m eligible voters take part
      364 9 DfDIAM ELECTION Violence, likelihood of hong parliament blamed for apathy AFP [NEW DELHI] Poll-weary India. the world's largest democracy. took time out yesterday after the first stage of staggered national elections, with the media focussing on the mystery of the missing voters.
      AFP; REUTERS  -  364 words
    • Article
      Lock icon Chaebols warned to speed up reforms or face weeding out
      383 9 SEOUL Kim threatens to nse credit controls unless conglomerates get rid of unprofitable units AFP SOUTH Korean Presidentelect Kim Dae Jung yesterday warned conglomerates to speed up reforms or face a weeding-out process as markets tumbled amid fears of a
      AFP  -  383 words
    • Article
      Lock icon Aussie economy on course for growth despite Asian slump
      339 9 ■SYDNKY But inflation will rise, current account deficit widen: RBA Bloomberg AUSTRALIA'S economy will withstand Asia's growth slowdown and perform solidly this year, while interest rate settings will aim to foster "financial market stability", Australia's central bank said. "There is enough
      Bloomberg  -  339 words
    • Article
      Lock icon President Kim's son loses appeal
      256 9 SEOUL AFP THE son of outgoing South Kd- rean President Kim Youm£ Sam lost an appeal yesterdayagainst a three-year jail sentence for influence peddling and tax evasion. "He defied a call for the eradication of corruption and irregularities by evading tax and receiving money from
      AFP  -  256 words
  • Page 9 Advertisements
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      180 9 I AWflff ATE I MERGERS ACQUISITIONS We are a well-established independent Asian investment banking firm, ■81 with offices throughout the Asian region. Our firm is involved in M&A l|| advisory and fund raising activities with over US$5 billion of II transactions completed in the past seven years. B| We seek
      180 words
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      147 9 f' m jm PVT next I steps... With the right financial resources behind you ;5 At IFS, we help tomorrow's movers and shakers make the right moves today. •*< Because we understand how Factoring can meet the needs of a business that's growing, through Credit Risk Protection and Assessment and
      147 words
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  • THE WORLD
    • Article, Illustration
      Lock icon UN Security Council close to Iraq accord
      489 10 LONDON But members nnsure if Saddam will accept face-saving offer Reuters BRITAIN said yesterday that the five permanent members of the United Nations Security Council were "very close" to an agreement to offer Iraqi President Saddam Hussein a plan to end the impasse
      Reuters; REUTERS  -  489 words
    • Article
      Lock icon US industrial output flat in January
      192 10 WASHINGTON Reuters SLOWER manufacturing activity and unseasonably warm weather put the brakes on US industrial output in January, the Federal Reserve said yesterday. Production by the nation's mines, factories and utilities was flat at the beginning of 1996. the first month since October 1996
      Reuters  -  192 words
    • Article
      Lock icon EMU at risk because of conflicting policy aims: Modigliani
      237 10 LONDON Reuters NOBEL prize-winning economist Franco Modigliani said yesterday that European economic and monetary union (EMU) might not be sustainable because of incompatible policy aims. He said European governments should work together to reduce the region's high unemployment rates, and boosting
      Reuters  -  237 words
    • Article
      Lock icon Rates will be kept low for as long as possible: Tietmeyer
      400 10 But economists see repo rate going up later in the year Bloomberg Reuters BUNDESBANK president Hans Tietmeyer said he hopes to keep interest rates low for as long as possible, though the future policy of the central bank will
      Bloomberg; Reuters  -  400 words
    • Article
      Lock icon Prospects never better for euro launch, says German minister
      274 10 HONGKONG Euro has vital role in Germany's economic fnture, he says AFP THE European monetary system's resistance to the Asian crisis is more proof that conditions have never been better for launching a single currency. German Deputy Foreign Minister Werner Hoyer
      AFP  -  274 words
    • Article
      Lock icon Deliver growth or you'll be fired, Yeltsin warns govt
      491 12 MOSCOW He wants budget revised to take into account fallout from Amn financial crisis Reuters RUSSIAN President Boris Yeltsin demanded sustainable economic growth and a realistically amended budget yesterday, and said he would sack the government If it failed to deliver.
      Reuters  -  491 words
    • Article
      Lock icon UK govt piles up record £10b surplus on higher tax receipts
      418 12 LONDON Bloomberg THE UK government collected more revenue than expected last month as taxes poured in, giving it a surplus some £3 billion (SsB.2 billion) greater than predicted the biggest monthly surplus ever. Economists surveyed by Bloomberg News had
      Bloomberg  -  418 words
    • Article, Illustration
      Lock icon An angel earns its wings
      93 12 v-r [GATESHEAD, England] A controversial new north ofEngland landmark, a gigantic steel sculpture named Angel of the North, getting its wings on Sunday. Britain's largest piece of public art, erected by the Al by-pass at Gateshead, Tyneside, is the height of four double-decker buses and
      AFP  -  93 words
    • Article
      Lock icon Era of militancy is over: UK union boss
      238 12 LONDON Reuters BRITAIN'S leading trade unionist yesterday said opposition to a proposed law aimed at giving workers more say at work was based on memories of stormy industrial relations in the *****. "The adversarialism and militancy that dominated industrial relations in the
      Reuters  -  238 words
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      224 10 A celebration. And a good cause. 1997 /nvestment fund awards Organised by The Business Times and Standard Chartered Be a part of the fund management industry's annual Bank, the Investment Fund Awards is an annual event celebration of its best performers. honouring the best performing funds and the people who
      224 words
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      182 11 f» Only I Sing Tel Mobile gives you the I *x freedom to roam I USA now. 1 t 1 r|i > <* t a I JIWT Afl V 40k hi |Bu H .;«> llfL' I JT I 1 J§i f■' a 1 Ma'it »l H mmm r H irl
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      1943 12 THE BANK OF EAST ASIA, LIMITED ANNOUNCEMENT OF 1997 FINAL RESULTS SUMMARY OF RESULTS The Directors of The Bank of East Asia, Limited ("the Bank") announce that the audited results of the Group for the year ended 31st December, 1997 are as follows: 1997 1996 Increase HKI'OOO HKS'OOO Interest income
      1,943 words
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      28 12 wjk wKZc {l^v Mr A^MBW^ Michel Roux of LES AMIS 18TH 22ND February 1998 Call *****25 for information and reservations 1 SCOTTS ROAD #02-16, SHAW CENTRE SINGAPORE *****8
      28 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Wider savings choice boon for fund managers
      823 13  -  THE BOTTOMLDTE OPINION By Stewart Alderoft The writer. based in Hongkong, is marketing and sales director at fund manager Templeton Franklin Investment Services (Asia) Ltd THE fund management industry in Singapore had been anxiously awaiting the Report of the Sub-Committee on Banking Finance
      823 words
    • Article
      IN OTHER WORDS
      97 13 'We are not a hawker stall that changes its menu with a new owner.' General Wiranto Indonesia s new Armed Forces Commander in-Chief who was dismissing rumours of changes in Abri's functioning. 'According to new reports, Monica Lewinsky visited the White House 37 times after her internship
      97 words
    • Article
      Hands across the Causeway
      672 13 EDITORIAL THERE is nothing like some adversity to persuade neighbours to bury their differences and reaffirm the need for a mutually beneficial partnership. This much was explicitly acknowledged in the joint communique issued yesterday after Prime Minister (loh Ohok Tong's meeting in Kuala Lumpur with his
      672 words
    • Article, Illustration
      Asian dilemma over global Investment treaty
      969 13  -  Pact poshed by OECD seen as infringing right to vet foreign investments, hot Asia needs funds urgently By\ Shada Islam The writer is a Brusselsbased journalist who contributes to BT TWENTY-NINE of the world s richest nations began meeting in Paris yesterday to finalise
      969 words
    • Article
      WHAT THE OTHERS SAY
      875 13 Suharto's high-risk Addling WITH Indonesia perilously near the brink of social chaos. President Suharto's determination to press ahead with a currency board arrangement is like Nero's fiddling while Rome burned. Despite putting his signature to a US$43 billion (Ss7l billion) International Monetary Fund rescue package which
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  • Page 13 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Hollywood gets real about religion
      1276 14  -  I [n Tinseltown today, the church is the subject of dissection, ridicule or rank isentimentality. But one film is bucking that trend, reports amn hormaday ANN HORNADAY LAT-WP !T's one of the crowning contradictions of the movie industry that it purveys all manner of sexual
      LAT-WP; FILE PHOTO  -  1,276 words
    • Article
      Lock icon The mystery of The New Yorker
      794 14 Why is the magazine not profitable? And will it be merged with another publisher? NYT [NEW YORK) The New Yorker would seem to be the magazine that has everything. An illustrious 73-year history. A powerhouse editor. Prominent writers. Buzz. Everything, that is. except a
      NYT  -  794 words
    • Article, Illustration
      Lock icon Cameron may get waived US$50m pay
      298 14 FILM Reuters (LOS ANGELES] Titanic director James Cameron could get a lot more than just accolades for his stunningly successful film. A published report this week says studio heads are so jubilant over box office receipts they are considering paying Cameron fees that he
      Reuters  -  298 words
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      183 14 n *lß>:>-lf^- r ".y 1 SgTSjfeiy^^*^? J INTIMF.Bfe.THF.SF.. I |1 WHO ShHTI.P YOU I il (fto I s I W l A J will advance you instant cash up to 90% on your invoicc value and manage H your customers' payment for you. You can then focus on what you
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      167 15 Where to wine, dine and entertain... 252kXZSSSZ 7 -<399 Million- Seafood Iresh Irom the Net... CAJT, 2*E V LT.VLLI Daily A La-Carte menu. Western and local yW j 0 favourites chef s 11l speciality top selling f a jS Hainanese Chicken Rice, jffm AjQr Nasi Goreng Istimewa, etc. Function Room
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      129 15 OitiqiNAl NoNyA Rccipc TWO DECADES OLD At rki Luna DDSB9 Coffee House KW V 4ft Try our famous Laksa, Mee-Siam, 4yam Buah Keluak and not forgetting the tempting Kueh-Kueh. SllOO***<A4alt) Sl2 00***<Child) *Complimentary Business Times available while stocks last. For reservations. please call 733 2081 ext. 468. M ■win IC'H
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      122 15 Fancy a baker's dozen? Then try some fj [j Cafe Vienna Bakeshop Smk ymr uah famous bavarian Loaf, or tuck tn to some Walnut Bread, served with a delectable t spread of cakes, pastries and tea. m CROWN E PLAZA" lIMIfOH Fmmnit tki ftty! HiUo Im im PUlm 2) Still
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      Page 15 Advertisements Column 4
      228 15 what's im ii QcDti\; Im'l win It ii Siriay Clissifltd this inbii GUJQATI Jt FESTIVAL ©OP Znjoy the exotic tastes of the best dishes from Gujrat. (My at the renowned Rang Mahal for a limited period Jybfrati Aloo Dum potatoes stuffed uith dry fruits cooked in yoghurt sauce; GujrcUi Kbichdi
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      Page 15 Advertisements Column 5
      85 15 i I! if I j ENJOY 25% SAVINGS ONYOUR i 2ND DRINK ONWARDS 1 j AT THE MEZZANINE CAFE BAR THIS MONTH Join us in our j 25tb Anniversary Celebrations j Mggyie Mandarin Sutgaparr 333 Orrkwl Road. Singapore *****7 Tei: 831 6286 T<?vble 12 cvWf believe fUe CUcice Bee-P is
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  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      753 15 TV&RAPIO WmrntmM 9°o Talking Point. LOO PM TV Innovations. 1 Mt\HtyiiTTnTtrJ!^ 030 X-Files Christmas Car- 3.00 CDIS. Jon vri ol (See Our Choice). 4.00 Dendam Asmara 430 Dexter s Lab V?"™ ews 5 T(^ lght 8.00 Kalau Dapur Tak Berasap uu uexiersLaD. ILOO Business Day. m (r) Mole In The
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      Page 15 Miscellaneous Column 2
      216 15 OKVPTIC CROSSWORD 1 Appears wet. perhaps, but recycled (5,5) 11 Develop and go round topless 12 They hope to And you well (7) |||im|H__ J|l 15 Initial word of the compan- 1^ ion in the morning (7) 16 A temple ornament (5) ~~THT 17 Sound vision required by a —J^B—
      216 words
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      141 16 CNBC ASIA BUSINESS NEWS. THE MORNING RITUAL FOR ASIAN BUSINESSMEN. S I I 9 9 9 *9 J, i i In r "-9 1 ,A^iMjjj^^^ A y-<. 1 V-^>' *K *> v i 1 j^^ i^^^*''^ ,|fc,>i »»«^~>-——■ m mll »^^^^-^.^-^N^«^^TS>i<Sl!!3S^il»L-w^rTT^» > n i L V/tir-V T"T"i <^rr7^'ia L "^r'^'''^i*?r
      141 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon DBS Land-led Shanghai project delayed amid glut
      506 17  -  Completion of huge Raffles Sqn&re poshed from around 1999 to after 2000 By* Teh Hooi Ling [SINGAPORE] Shanghais Raffles Square, a US$3OO million (Ssso3 million) project led by DBS Land, is being delayed for a year or two because of the oversupply of
      Source: Jones Lang  -  506 words
    • Article
      Lock icon Brace for disappointing results: analysts
      631 17 Slower growth and mum nasty surprises expected this season Bloomberg [SINGAPORE] ST Capital Ltd had warned investors the plunge in South-east Asia's currency and stock markets would trigger the first unprofitable year in its history-. Still, when the financing company said earlier this month that
      Bloomberg  -  631 words
    • Article
      M'sia's plantation stocks thriving on weak ringgit
      684 17  -  HOCK LOCK SIEW Siew Lisen THE recent spotlight on the Malaysian stock market after months of being in the doghouse has, as in previous uptrends, focused very much on the speculative counters. But this time plantation stocks, which are normally the stodgy stocks,
      684 words
    • Article, Illustration
      Lock icon Datacraft's videoconference deal
      344 17  -  It hopes to reap some USs4om from sales of VTEL videoconferencc solutions Annette Pau |SIN(iAIH)KK| Datacraft Asia expects to reap lISS.H» million (S$49.H million) to US$4O million in sales over the next three years from its latest deal to sell US based VTEL Corp's videoconferencing solutions in
      LIM SIN THAI/ST  -  344 words
    • Article
      Fullerton project's Precious Treasure
      181 17 (SINGAPORE! Orchard Parade Holdings and Hongkongbased Sino Land have formed a joint venture company called Precious Treasure Pte Ltd for the proposed Fullerton Building re-development project. Orchard Parade said in a statement yesterday that the new company was incorporated last November with a paidup capital of
      181 words
    • COMPANIES
      • Article
        KLSE puts another brokerage under trading curbs
        277 18  -  Alor Setar a unit of Kelanamas, which is managed by SohCheeWen From. Eddie Toh in Kuala Lumpur THE Kuala Lumpur Stock Exchange yesterday placed brokerage Alor Setar Securities under trading curbs effective today. Alor Setar Securities is a 51 per cent subsidiary of
        277 words
      • Article
        Lock icon Acquisition talks not linked: HL Bank
        332 18 Bernama [PETALING JAYA] The acqui sition/merger talks between Hong Leong Bank Bhd and Bolton Properties Bhd. and between Hong Leong Finance Bhd and Arus Murni Corporation Bhd are independent of each other, said the bank's senior group managing director. James Lim. yesterday. There were
        Bernama  -  332 words
      • Article
        BOC moves investment banking HQ to HK
        395 18  -  Shift affirms SAR's role as a financial centre for China /•Ytmt Loh Hui Yin in Hongktmg BANK of China is shifting the headquarters of its invest ment banking unit from London to Hongkong, a move which affirms the importance of the Special Administrative
        395 words
      • Article
        UK's Kwik Save mulls over £1.2b merger
        382 18  -  Dairy Farm might sell 29% stake in the chain? market talk /•Yum Neil Behrmann in London KWIK Save, the UK supermarket chain in which Dairy Farm International Holdings has a 29 per cent stake, is dis cussing a £1.2 billion (553.3 billion) merger
        382 words
      • Article, Illustration
        Lock icon Featherweight shutterbug
        79 18 [TOKYO) A Canon Inc sales promoter showing off a new 1XY330, "the world's smallest and lightest 3x zoom lens shutter camera "according to the camera maker, at company headquarters in Tokyo yesterday. The camera is 9.5x6.45x3.2 cm and weighs 205 grammes without battery and offers a 23-69 mm
        REUTERS  -  79 words
      • Article
        S&P downgrades Hopewell debt rating from BBB- to BB
        507 18  -  But rating agency takes firm off its Credit Watch list hYtni Quak Hiang Whai in Hongkong CREDIT rating agency Standard A Pwir's yesterday lowered Its long-term corporate rating for Hopewell Holdings from BHB- to 88. ell ing poorer business environment for
        507 words
      • Article
        Air NZ interim up 7%, full year forecast shaved
        400 18  -  Frrrm Lee Yoke Har in Auckland AIR New Zealand yesterday posted a 7 per cent rise in interim net profit to NZ$B2 million (5578.6 million) but pared its full-year profit forecast substantially due partly to the Asian economic turmoil. The international
        400 words
      • Article
        Coles Myer eyes stake in Parkson: report
        283 18  -  brum Surinder Singh in Sythwy AUSTRALIAN retail giant Coles Myer is looking at taking a substantial stake in the unprofitable Malaysian supermarket and department store chain. Parkson, according to a report in the Sydney Morninft Herald. Parkson is owned by Ma-laysian-listed Amsteel Corporation,
        283 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Barclays net drops 31% to £1.1b on charges for BZW sale
        485 19 Fall worse than expected; bank to buy back shares worth £500 m this year Bloomberg [LONDON] Barclays said 1997 c net income fell a worse-than-t, expected 31 per cent as charges from the sale of its invest- jwent banking
        Bloomberg  -  485 words
      • Article, Illustration
        Lock icon Shanghai bourse to adjust key index, says daily
        365 19 Number and quality of new listings warrant rhango i says official AFP -'•{SHANGHAI] The Shanghai Stock Exchange (SSE) will re- view a selected market indica- tor to take into consideration large and better quality com--T>anies which have listed re- "rtntly, a news
        AFP; FILE PHOTO  -  365 words
      • Article
        Lock icon Hoechst profit down 39% last year: report
        143 19 Bloomberg Hoechst AG s 1997 profit fell 39 per cent to 1.7 Mllion marks (Ssl.6 billion) amid rising debt, Capital magazine reported in an advance release of its next edition. M r A spokesman for Germany's largest chemical and h pharmaceutical company dechned
        Bloomberg  -  143 words
      • Article
        Lock icon Asahi Breweries seen beating competitors in sales growth
        459 19 Success attributed to strong demand for its Super Dry Beer Reuters (TOKYO) Asahi Breweries Ltd's business results for 1997 are expected to be more robust than those of competitors Kirin Brewery Co Ltd and Sapporo Breweries Ltd, analysts said. They said Asahi,
        Reuters  -  459 words
      • Article
        Lock icon TDK posts record 3rd-qtr sales, profits
        351 19 Reuters [TOKYO] Japanese electronic component maker TDK Corp yesterday said it had scored record quarterly group sales t. and profits in the three months to December 1997. However, TDK said its group net profits for the nine months to December slipped 7 per cent
        Reuters  -  351 words
      • Article
        Lock icon French regulator clears Allianz's bid for AGF
        471 19 If successful, AHianz will become Europe's largest insurer Reuters (PARIS) The French stock market regulator on Monday declared open an oflFer by Germany's Allianz for insurer AGF, launching the largest ever foreign takeover bid for a French company. If. as widely expected. Allianz
        Reuters  -  471 words
      • Article
        Lock icon Thorn shares slide after profit warning
        319 19 Reuters, (LONDON] British high street rentals group Thorn pic, whose chief executive stepped down to let a successor see through its strategic review, on Monday saw its share slide after warning that this year's profits will be lower than expected. Thorn, which has been
        Reuters,  -  319 words
    • FINANCE & COMMODITIES
      • Article
        UOBAM's new fund conies with capital guarantee
        257 20  -  By\ Shiv Taneja ISINGAPORE] UOB Asset Management has launched an open-ended unit trust which, under certain conditions, guarantees the principal amount invested. Its United Principal Guaranteed Fund (UPGF) is the first capital guaranteed fund approved for retail sale here. The guarantee covers the
        257 words
      • Article
        Lock icon Long Term Credit slashes board size
        395 20 Number of directors cat from 28 to 6 in radical break with tradition in Japan FT [TOKYO] The Long Term Credit Bank of Japan is to defy tradition by becoming the first Japanese financial company to slash the size of its board of directors.
        FT  -  395 words
      • Article
        Lock icon Credit Suisse to buy Aussie stockbroking firm First Pacific
        242 20 Deal follows Aussie acquisitions by ABN, Salomon, Merrill Bloomberg [SYDNEY] Credit Suisse First Boston said it plans to buy the 75 per cent of First Pacific Stockbrokers in Australia it doesn't already own. Credit Suisse First Boston said it has First
        Bloomberg  -  242 words
      • Article, Illustration
        Lock icon Imports leave sour taste among Taiwan farmers
        95 20 [T AIPEI] Ku Yu-ying, an orchard owner in Taiwan's northern Hsinchu county, holding a basket of oranges she expects to throw away. She and many Taiwan orchard farmers complain that the import offoreign fruits makes their products less competitive in local markets. A
        REUTERS  -  95 words
      • Article
        Lock icon Chase's Aussie arm triples pre-tax earnings
        399 20 Trading benefited from fall in interest rates, A$ and gold Bloomberg (SYDNEY] Chase Manhattan Corp's Australian arm said yesterday that falls in interest rates, the Australian dollar and gold helped it triple profits in 1997. Pre-tax earnings rose to A 5239.7 million (*****.6 million)
        Bloomberg  -  399 words
      • Article
        Lock icon Chuo Trust to buy failed bank's branches
        202 20 Bloomberg [TOKYO] Chuo Trust Banking Co will buy aU 63 branches of Hokkaido Takushoku Bank on Japan 's main island of Honshu and hire 1,100 employees of the failed lender, Chuo Trust said. Chuo Trust will also take over 1.3 trillion yen (5517.3
        Bloomberg  -  202 words
      • Article
        Lock icon Oil slips as Iraq crisis abates
        247 20 ENERGY REPORT Reuters [LONDON] World oil prices fell yesterday as hopes were raised that an llth-hour solution might be found to the Iraqi weapons crisis. April Brent blend crude slipped tf> a new 46-month low of U5514.39 a barrel. Dealers said news from Moscow
        Reuters  -  247 words
      • Article
        Futures close higher despite plane crash
        162 20  -  MS& TAIWAN FUTURES Charlie Kuo Charlie Kuo, Service Dealer, Refco S'pore Pte Ltd ISINGAPOKKI The Slmex MSCI Taiwan Stock Index futures contract rose 7.6 points yesterday despite the plane crash that killed 203 people, Includ Ing Tnlwan's central bank governor. The regrouping of the
        162 words
      • Article
        Lock icon Rubber prices expected to level off
        271 20 Reuters IJAKAKTAI Executive director of the Rubber Association of Indonesia AFS Budiman said he expected world rubber prices to level off later this year after an improvement reflecting a build up of stocks by consumers. "I'm not very optimistic this year," he said when
        Reuters  -  271 words
      • Article
        Lock icon CURRENCY REPORT
        263 20 Reuters, AFP London THE US dollar was calm at the European mid-session yesterday after an earlier sell-off on news of another proposal to introduce a 10 trillion yen stimulus to the Japanese economy. But until Friday, when the Japanese government reveals a much-touted stimulus package, market activity wiH
        Reuters,; AFP  -  263 words
      • Article, Illustration
        Untitled
        1224 20 DfTERBAint CROSS RATES £{r Cj tw> tCD Ht Dm MS tw M «2$P«ts Hm S$ 6»i Sir 6T$ WW A Australia 0.962 6.178 0.613 4.060 1211 5.160 25.912 62.960 0J37 1L253 2564 US4 29.401 27.051 L106 12*9 0.974 ********** 0.407 0j666 Cwada 1.039 5.748 0.637 4.218 1.259 5.361 26.922 65.436
        1,224 words
    • Article
      COMMODITY PRICES
      1709 21 SICOM FUTURES Feb 17 RU8NR (Mur«s dosing as *t 5.30pm) RSS1 CONTRACTU cwtj/*) CJosa VoHhm Opan Month Hj# Low Satt (toawas) Intynt Mar 98 ***** 200 Apr 98 ***** 3550 May 98 138.00 3550 140.00 3250 J«l/Sap 98 147.75 147.75 148.00 150 4320 Oct/Dcc 98 155.50 155.50 155.75
      1,709 words
    • Article
      WORLD STOCK MARKETS
      2313 21 f*«r Wl Hmct K«ro<4) 521 .3 AfcPorts 294 irnfi Abbey Mabonoi 1241V4 *12 1/4 M0m Domocq 541 4 MK 125 Mil (Mbbix* 196 2 WW 585 40C ♦*.400 3*4 2.400 MX *40 *«h 90C Group 946.400 ****** BR P»ti iWtfll 800 8 60C tfHl 160 2 Bank
      2,313 words
    • Article
      Lock icon TOKYO
      1654 21 AFP Q Nikkei 225 *15J» SHARE prices ended barely higher yesterday, as market participants were hesitant to take large positions ahead of the weekend Group of Seven (G-7) financial meeting. Brokers said the market was "unmoved by" Finance Minister Hikaru Matsunaga's remark dismissing extra government spending to boost the
      AFP  -  1,654 words
    • Article, Illustration
      Lock icon HONGKONG
      1640 22 AFP Hang Seng +108.00 SHARE prices rose 1.1 per cent yesterday to end five consecutive sessions of loss amid selective bargain hunting as interbank rates eased. "The market's sentiment has been pushed up by softening of interbank rates and a stabilising of the Indonesian rupiah," said a dealer. The
      AFP  -  1,640 words
    • Article, Illustration
      Lock icon CHINA
      698 22 Reuters PI Shenzhen B Index +L 42 THE Shenzhen B share market closed higher in slow trade yesterday on a rebound spurred bv gains in Hong-kong-listed shares. The B Index rose 1.42 points to 92.57 on turnover of HK$l6 million. "B shares were obviously affected by Hongkong stocks," said
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  698 words
    • Article
      Lock icon TAIPEI
      428 22 AFP Qwp Index ***** SHARE prices closed 0.8 per cent higher yesterday on strong buying of technology issues, dealers said, despite the crash of a China Airlines jet which killed 203 people. "The market passed the 8,700-point resistance yesterday and that helped fuel the momentum." said a trader. The
      AFP  -  428 words
    • Article, Illustration
      Lock icon JAKARTA
      707 22 AFP PI Composite Index +1150 SHARES climbed 3.2 per cent yesterday on speculative buying from both foreign and local investors. "I think people were just speculating with no reasons. TTie market was actually moving up quickly in the last 30 minutes," a dealer said. The Composite Index rose 14.50
      AFP  -  707 words
    • Article, Illustration
      Lock icon BANGKOK
      959 22 AFP Q SET Index +18.47 STOCKS closed 3.8 per cent higher yesterday as investors snapped up cheap blue chips. Analysts said the market was also boosted by retail trade from local investors encouraged by the stronger baht, but warned there was more volatility to come. The SET Index rose
      AFP  -  959 words
    • Article
      Lock icon SEOUL
      446 22 AFP Q Composite Index -&25 SHARE prices closed 1.1 per cent down yesterday, extending a seven-day losing streak on liquidity worries and the plunge of the won. Amid the crisis in regional markets, investors were unnerved by a liquidity squeeze in the foreign exchange and money markets, dealers said.
      AFP  -  446 words
    • Article
      Lock icon SYDNEY
      609 22 AFP □AD Ordinaries +36*8 SHARE prices rose yesterday, assisted by solid gains among market leaders and an upbeat assessment of the economy from the central bank. "Activity was a bit sluggish for the first half of the day but some of the big companies like National Australia Bank and
      AFP  -  609 words
    • Article
      Lock icon MANILA
      321 22 AFP n Manila +32J80 SHARE prices closed higher yesterday due to a technical rebound and the upturn in other regional markets. The PSE Composite Index rose 32.80 points to 2,055.53. Turnover was 1.5 billion shares worth 1.4 billion pesos. Meralco A rose 50 centavos to 80 pesos while its
      AFP  -  321 words
    • Article
      Lock icon WELLINGTON
      256 22 Reuters Q Wellington -140 SHARE prices closed with an easier tone yesterday as the market digested the first of the week's profit results. The NZSE-40 Capital Index ended 3.40 points down at 2,286.99 on turnover worth NZ$5B.4 million, much of that transacted in the form of crossings. Reuters «J
      Reuters  -  256 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        9221 23 JNOUmttALS Consumsr products IM« Lait Vol Oay Npt Cap HH» Low Camppny 5*9 'OOP Nig* Low Pfl SwtH 310 180 A|lnomoto 280 15.5 113.5 148 73 Angkasa 116 4 53 118 112 2.7 171.0 290 123 Apollo Food Hlq 270 40 1 270 270 7 9 108.0 388 190 Ber)aya
        9,221 words
      • Article, Illustration
        Lock icon Shares rise on Bank Negara's statement
        564 23 AFX Asia Q Composite Index +2&89 SHARE prices closed sharply higher yesterday, led by Financials after Bank Negara reiterated that the banking system remains solid. The KLSE Composite Index rose 28.89 points at 690.83. The Emas Index rose 6.33 at 177.25 and the Second
        AFX Asia  -  564 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3561 24 uMl, LOANS i WARRANTS 1997/98 LMt Val Day Last Out* A«q MJ«I» Law Stno Company Sal* ♦ar- COOOI High Lav Buyer Seller Prtca 9 m 3000 mAM08c5.5%*****6 15 -*V 8 3160 "Acer******1USS 16 unch 5 16 16 15 19 13] 8.5 3164 Acma ******4 22 49 22 21 20.5 22.5
        3,561 words
      • Article
        Flextech wrt worth a second look
        202 24  -  WARRANT WATCH By R Sivanithy SESDAQ has been languishing for several months now, with volume tapering off significantly and interest dropping to non-existent levels. For the moment, punters seem content to play with Clob International stocks, but it's possible that this segment might lose
        202 words
    • Article
      CLOB INTERNATIONAL
      2281 24 Transaction Date :Feb 17 ■ALA YUAN STOCKS f 6r Cr 1997/90 Laa* V«l 0* La* OmU M Hi «M M M Caa 7«» L— »M Cmm Ul COOP) I4» L— Mir o W la <78 28 mj 5000 AiSBSOc 103 607 «8 103 103 105 5-0 3-3 11
      2,281 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1181 25 tuwovotooo) value roow cm Tmi maim cut urn rfiSS "2*52 25-J5* w# 57 14V490 8V036 222.326 222? 67,621 77.249 53,216 130,447 .J-* 90 *331 X59T 862 M4t 23 140 «J« 5V409 4UM ***** 61.909 SSSr* 1-H9 M 30 5. tOO 5,100 1047 1047 739 7§9 W20 29,146 32,206 772 9463
        1,181 words
      • Article
        MAIN BOARD
        3867 25 Transaction Date: Feb 17 IH7/9I Last Vat Day Laat Owlt Dtv oiv yu N<t r2I in r !,N Camp any Sa4a COOO) La* Buyar Saflar C*w H Pf\ Smil Met I MOtfSTMALS o." "7 185 a 1020 ACE 0vnamlci60c 33 -10 276 38 JJ 33 40 nn tr,
        3,867 words
      • Article
        SESDAQ
        746 25 LMt Vol Doy Lift Owii r> i» ru v yu u.. Mfft Lm $in. Cim».ri| tat* rOOOl In •or*' li»«i O */t j M scum 22 T «2 .04 JO 4.0 0.2 Mir 414 n4 a\JX£«sh—5T M M wo M t; *44f4NW«4Ui 203 *Oi ITT 21S 20 20 5
        746 words
      • Article
        Untitled
        205 26 Stocks VoJimim •Renong Bhd 50c 45,959,000 *«lf Capital 19,486,000 •Rekapacifk Bh 17,167,000 •MeCapBhd 16,5%,000 *M Resources 15,893,000 Eesyfcntt HKIOc 15,596,000 •RH8CapWt99 14,138,000 Asia FoedlProp 10.067,000 IPCCorpn5c 8.700.000 DragonLand 10c 7,972,000 Sttda VOB Foreign 35.949.027 *Renong Bhd 50c 34,529,410 S1A Foreign 24.589.252 SingTel 15c 21.483.167 •MBCepBtm 20,717,196 OCBC Foreign 17.221,386 SPH
        205 words
      • Article, Illustration
        HOT STOCK
        64 26  -  -by Shiv Taneja RUSHID HUSSAIN closed 16 cents higher yesterday at $2.14 on a volume of 2.68 million shares, compared with its 10-day traded average of 3.5 million units. But in the near term, there will be downward pressure on the stock, according to daily RSI and stochastics.
        64 words
      • Article, Illustration
        Firmer currency markets boost share prices
        690 26  -  STOCK MARKET COMMENTARY Turnover, however, is low when compared to a week ago dne to the still-uncertain situation surrounding Indonesia's currency board proposal R Sivanithy {SINGAPORE] A relatively firm session for regional currencies brought out the buyers in the local stock market yesterday, although
        690 words
      • ON THE GRAPEVINE
        • Article
          The art of pegging
          158 26 YOU would have thought that the pegging of a currency was done on a highly-scientific basis but it doesn't appear to have been so in the case of the I longkong dollar. Its croator, John Greenwood, revealed that his suggestion was HK$B to US$l, partly because
          158 words
        • Article
          Hunting for a good head
          93 26 HONGKONG'S securities regulator, the Securities and Futures Commission, Is looking for a chairman, according to an advertisement It placed in the Asian Wall Street Journal yesterday. The chairman, who has the function of the CEO, will have fUll management responsibility. "He or she must take
          93 words
        • Article
          Crystal-ball gazing
          111 26 WITH the way the financial markets are moving, analysing them is becoming as fine an art form as astrology. This seems more the case with some analysts than others. We at BT have the privilege of being on the mailing list of many investment houses. But one of
          111 words
        • Article
          Rodamco writes down investments
          90 26 PROPERTY ftind Rodamco is to write off between US$4O million (5166.4 million) and US$5O million from its Asia property portfolio except Australia, reported a Dutch financial newspaper. The write-down is a result of the Asian financial crisis, and relates to Rodamco's shopping centre interests in Indonesia,
          90 words
        • Article
          Catching 'em young
          76 26 LAST Wednesday, Singapore's Subordinate Courts fined an 18-year-old lad $4,200 for selling pirated software. The teenager claimed he was lured to the trade by a pretty female, and later received instructions from a man called "Ah Goo". The Judge was unimpressed. So was Microsoft's corporate attorney, Christopher
          76 words
        • Article
          Timing to God
          118 26 ANALYSTS and brokers can be a versatile bunch. With the markets in a tailspin, several of these market experts have been applying their skills to diverse new professions ranging from Insurance sales and real estate broking to consultancy and teaching. But what must surely be the most
          118 words
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      Page 17 Advertisements Column 1
      61 17 UK PROPERTY FINANCE FROM SINGAPORE. For further information, please contact either Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 < Highly Competitive Interest Rate Fast and Convenient Service Flexible Loan Package Pre-purchase Approval 111 i "V i .V K Hg The
      61 words
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      89 18 lugnill Like all Nichiyu electric forklift trucks, for the being non-poilutive, energy-saving and easy to maintain. On top of that, it's designed to perform, with great efficiency, manoeuvrability and reliability. Quality features that have put Nichiyu on the world map as a leading producer of electric forklift trucks for over
      89 words
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      73 19 DAILY. SMOOTH AS SILK. j*> ™w i Evary afternoon. Thai fllaa non-stop from Singapore at 3.25pm to arrlva In Jakarta at *9* 4.05pm. Enjoy our Royal Orchid Sarvlca on board and alao earn milas with Royal Orchid eBQI ■fMMuwa Plua, Asia's laadlng fraquant flyar programme. Thai. Smooth aa silk. Smooch
      73 words
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      28 20 i I run a travel agency. j|g 77ze Sfrcrifc Times. 0 JHB fl Classified is the passport to my success. CATS. 1800-737-1166 J Call Today For Results Tomorrow
      28 words
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      Page 26 Advertisements Column 1
      701 26 fe U 9UI jEiSS No t i ces THE COMPANIES ACT. iCAf SSI PETRIFTX RIILDOG MATERI ALS (Si PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At the Extrawtaary General Meeting of PETRH-XX BUILDING MATERIALS (S) PTE LTD dnh com mid and held a 40 lata Pemmptn *H-01 A. Ta An l>illh|
      701 words
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      Page 26 Advertisements Column 2
      288 26 IN THE HATTER OF THE COMPANIES ACT. CAP.SO AM) CAUFORMA FRED CHICKEN INTERNATIONAL CORPORATION PTE LTD (Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company deemed to be held on 10 February 1906. the following resolutions were passed 1. SPECIAL RESOLUTION WINDING UP That CALIFORNIA FRIED CHICKEN INTERNATIONAL
      288 words
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      Page 26 Advertisements Column 3
      188 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ERIDGE INVESTMENTS PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the above named Company heW at 3 Rattles Place 109-01 Bharat Buidng. Stngapore *****7 on the 13th day at February 1998 at
      188 words
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      Page 26 Advertisements Column 4
      463 26 I IN THE MATTER OF THE COMPANIES ACT (CAP. SO) AND IN THE MATTER OF HWA HONG INVESTMENTS PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF FMAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306(1) of the Companies Ad. Cap 50. a Final Weeora at Mmrbw* of the
      463 words
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      Page 26 Advertisements Column 5
      89 26 To advertise call toll-free 1800-741 1883 This announcement appears as a matter of record only 9 February 1998 n n HUP SENG HUAT CO. LTD (Incorporated in th® Ropubtte of Singapore) Bonus issue of up to 50,189,200 new ordinary shares of $0.10 each on the basis of one (1) new
      89 words
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      Page 26 Advertisements Column 6
      41 26 BUY it SELL/r 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. TOIL 111 1800-737-1166 \£i Call W4i» ftt Imlli Itatttt*.
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      Page 26 Advertisements Column 7
      352 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 Piinual to Section »O(2Xb) STALLION TECHNOLOGIES (S) PTE LTD (la Members' Voluntary Winding Up) At an Extraordinary General Me«tia| of the abovenaaed Company duly con> tMvi mi held on 12 February 1991 tkc folio wag resolutions were duly passed AS SrCCIAL
      352 words
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  • SHIPPING TIMES
    • Article
      Lock icon Fixtures
      319 27 Bridge News Reuters TANKERfk Activity flailed to pick up on the tanker market with a holiday in the US hampering trade, brokers said. There was a lack of concluded business reported but there was an influx of new orders in the clean trades. Very large crude carrier activity was
      Bridge News; Reuters  -  319 words
    • Article
      MARITIME STOCKS
      276 27 wmmmmmmm. WT7 *__±__J5L SLmm—=*» meh M Caaco tnvaatmant 040 rttMKUnk* 033 *aon so* GBHoMn** 033 0.005 W Ha* Sun Hup 0-57 *CM 23* WUCMZmhi 042 -OOOS 1M IMCHoMtn*S HKM J»y«lloMnq» 0.415 ♦O.OOS 1 Jurona SNpyar* 7 JO ♦0.10 M KappatCarp 4J2 *0J» 123* KappatFCLS 434 «04» M KW«M«ta
      276 words
    • Article, Illustration
      No problem of over-ordering of tankers: Golden Ocean chief
      478 27  -  Glut in 70s caused by almost unlimited credit offered to dominant oil majors By] Marcus Hand [SINGAPORE] There should be no repetition of the over-or-dering of tankers experienced in the *****, says president of Golden Ocean Group. Robert Knutzen. He blamed
      478 words
    • Article
      Hanjin Shipping to offer new China-US service
      409 27  -  Korean carrier wifl use 6 ships on weekly service via Japan From P T Bangsberg in Manila WHATEVER the pressures from low freight rates and domestic economic hardship, South Korean shipping lines show no signs of retreating. Hanjin Shipping Co will open a
      409 words
    • Article
      Lock icon Ports of Auckland upbeat about second-half earnings
      170 27 Bloomberg [AUCKLAND] Ports of Auckland Ltd said it expects profit in the second-half to match the NZ*2O.5 million (5519.8 million) it earned in the first half. "We expect volumes and performance to be steady in the second half," said Karren Beanland, a spokeswoman
      Bloomberg  -  170 words
    • PORT Shots
      • Article
        Lock icon Chu Kong eyeing China cargo terminals
        85 27 Reuters [HONGKONG] Chu Kong Shipping Development Co Ltd said recently it was considering buying cargo terminals in China from controlling shareholder Chu Kong Shipping Enterprises (Holdings) Co Ltd. "The company is... evaluating the commercial benefits of this potential investment," the company said in a
        Reuters  -  85 words
      • Article
        Lock icon Hainan Haisheng to take stake in Jinhai
        58 27 AFX-Asia [SHANGHAI] Hainan Haisheng Shipping Enterprise Co Ltd said it will buy an 80 per cent stake in Shanghai Jinhal Shipping Trade Co Ltd for 102.44 million yuan (5120.6 million). Jinhal was engaged in chemicals transportation, Hainan Haisheng said. Shanghai Petrochemical owns the
        AFX-Asia  -  58 words
      • Article
        Daewoo Heavy wins tanker order
        83 27 [SEOUL] South Korea's Daewoo Heavy Industries Ltd said recently it had won a US$25O million (***** million) contract to build Ave 100,000-tonne oil tankers for Iran's state-run shipping company National Iranian Tanker Co. The carriers will be delivered in stages from May 2000 to early
        83 words
    • Article
      Lock icon HK box throughput seen to grow 5.8% in next 10 years
      264 27 AFP [HONGKONG] Throughput of the Hongkong container port is forecast to grow on average at 5.8 per cent a year in the next 10 years, driven by exports from South China, according to forecasts released on Monday. Secretary of
      AFP  -  264 words
    • Article, Illustration
      Maiden call
      88 27 [SINGAPORE] Har\)in Shipping'sfirsts,ooo TEU vessel, Hcmjin Beijing, made its maiden caUat PSA Corp's Pasir Pwyang Terminal on Saturday. The vessel s arrival marks the beginning ofa series 0f5,000 TEU vessels ordered by the South Korean shipping company, which will be phased in progressively. PSA fas a long term
      88 words
    • Article
      Uneasy prospects for shipping industry
      897 27  -  STRAIT TALK By I Seafarer FORECASTING Is necessarily an uncertain science. But the analysts at London shipbroker Howard Moulder reckon they have the perfect get out when their predictions turn out to be wide of the mark: the El Nino weather phenomenon. They are of
      897 words
    • Article, Illustration
      Lock icon Asian crisis clouds the future
      861 28  -  WORLD TANKER RATES Fears of falling oil demand in Asia and overbuilding of new ships replace recent optimism in the tanker industry By, Julian Bray Reuters PESSIMISM is back in vogue in the tanker shipping business, although the industry remains starkly divided over the depth
      Reuters  -  861 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      375 28 PACE Evergreen 6 ANL 3 Fl-BrigM 15 Accord 8 *""■*•<* M Ahrenfciel 14 FoongSun 8 Appenship 5 fr<rtl '5 AsiaOCL 15 Frt Links 16 Astro 3 GLink 4 Austral 9 Gemartrans 8 Awant 16 Genshpg 9 B tang Mas 8 Glory Nay 16
      375 words
    • Article
      SHIPPING GUIDE
      17039 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser VMM) Voyag# TalapHona ETA ETA Advartll ar VMS* Voyag* Talaphona SIN Ovst'n N«m« Nama Numbar Number Sin Oa*tn Nam* Nama Numtar NumOar 21/02 19/03 Hyundai MM ELBE I02W *5-1)99*44 21/01 M/0) Hyundai MM HY GENERAL 1I0W *5 1199*44 To ABIDJAN (ABJ) 2003
      17,039 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        695 43 Vess#l Voy No Berth Arrival Departure Jwm« Port SI 022 0K>W8 J® 1 itonHK* 02/0130 *****8 J01 itonpf 18 02/0*30 onM JO' 02/0900 8t Pi) MOW *****8 J01 llompxH «02/0600 tUw a J F J01 <tonQsidt 17 02/2359 CM** Hop* 2* J07 alan«u(tt 20 02/1500 Couiomv 19 J22
        695 words
      • Article
        CONTAINER SCHEDULES
        1831 43 RECEIVING OF EXPORT FCl CONTAINERS AMD LCL CARGO Boofclnq/feUnct RitU Ship Voy Etb/Btr Period From To From *t*xco j on »/noo m 17/noo u/as* antoo "/woo n/as* ir/noo m i7/i7oo «m» wow 20 17/noo 4/0*51 amoo J 4/0700 4/11)1 4/1400 4 a/UOO 4/V451 4/1700 "•"MM I 0'«" I*
        1,831 words
      • Article
        GLOBAL HOLIDAY
        205 43 Feb 23 Brunei: National Day. Luxembourg: Carnival Monday. Fab 24 Portugal: Carnival. Mar 2 Greece: Orthodox Monday. Mar 17 United Kingdom: St Patrick's Day. Mar 20 Japan: Vernal Kqulnox Day. Mar 21 Mexico: Juarez Day. Mar 20 Greece Independent Day. Apr fl Hong KongChin# Mln« Festival Apr 7
        205 words
      • Article
        COCKETT BUNKER MARKET REPORT
        840 43 THIS report, complied by Cocked Marine Oil l.td, shows price ranges In US dollars In stead of single prices for a more comprehen slve description of the market Prlcea shown are based on average sized stem Market movements are Indlcat ed The < '<« kett Hunker
        840 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        419 43 P"»"T Art MhUni U*m«< £25 °'S Y "'I "J TmT 380 Ave 985.5 0.4 12.9 0.06 27 0.01 *Zc35 "'i "I V °-°2 1 °°2 IS0/C.IMC limits Spec E25 991 1.0 15.0 0.10 80* 0W USA CuM tftTito 7} T; 777 a£i» «L M E Si
        419 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Taiwan orders grounding of CAL's A300-600R fleet
        544 44  -  TAIWAN'S WORST AIR CRASH Move comes as Taiwan govt launches top-level inquiry into Monday's crash h/ Felix Chan (SINGAPORE] Taiwan's Civil Aeronautics Administration (CAA) yesterday ordered China Airlines (CAL) to ground its entire fleet of Airbus Industrie A3OO-600RS following Monday night's crash at
        REUTERS  -  544 words
      • Article
        Lock icon Pakistan, HK sign air service agreement
        165 44 AFP [HONGKONG] Hongkong and Pakistan signed an air service agreement in the territory yesterday, paving the way for direct flights between the two countries. Stephen Ip, secretary for economic services, signed the agreement with Pakistani Defence Minister Iftikhar Ali Khan. The agreement between Hongkong
        AFP  -  165 words
      • Article
        Lock icon US Airways pilots say code-sharing violates contract
        338 44 Bloomberg {CHARLOTTE, North Carolina] US Airways Group's pilots union said the company's plan to book passengers on other domestic carriers' flights to Japan violates its labour agreement. The complaint follows US Airways' request to the US Department of Transportation to sell seats aboard
        Bloomberg  -  338 words
      • Article
        Lock icon Manila officials uncover shortcomings on safety
        266 44 AFP [MANILA] Philippine avia tion officials have uncovered "shortcomings" on safety standards by the operators of the Cebu Pacific Air plane that crashed early this month, killing all 104 people aboard, a senior official said Tuesday. Carlos Tanega, head of the Air Transportation Office,
        AFP  -  266 words
      • Article
        Lock icon Gulf Air sells 6 Airbus planes to raise US$195m
        290 44 Knight-Ridder [ABU DHABI) Gulf Air has sold six planes from Its Airbus fleet and then leased them in a hid to tackle a cash shortage caused by losses over the past three years, newspapers reported yesterday. The company sold the Airbus
        Knight-Ridder  -  290 words
      • Article, Illustration
        Lock icon Mangled wreck
        50 44 I ROME) l*asserbys looking at some of the more than 150 vehicles involved in a pile-up on the motorway between Rome and Naples on Monday. At least four people were killed and 50 injured in three related pileups on a fogbound stretch of this motorway, police said. REUTERS
        REUTERS  -  50 words
      • Article
        Lock icon Iata expects 50% fall in Asia passenger, cargo growth
        304 44 Korea, Taiwan, M'ma markets seen to be most affected Bloomberg (TOKYO) The International Air Transport Association (lata) is cutting by about half its projected growth rates for passengers and cargo in the Asia-Pacific region. Pierre Jeanniot, director general of lata, which
        Bloomberg  -  304 words
      • Article
        Lock icon Merrill Lynch handling share sale of Auckland airport?
        144 44 Reuters [AUCKLAND] The government was expected to announce yesterday that it has appointed MerrUl Lynch to handle a NZ$6OO million (*****.6 million) seUdown of Auckland International Airport the New Zealand Herald reported. The paper said Credit Suisse First Boston, BZW and Bankers
        Reuters  -  144 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1536 44 CITY FU6MT CT* FLIGHT CTD $0404 2330 u«mm« om54 irn ami ma krtai so4ot ono »2)0 1920 rrMkfun son 0455 1*7305 2259 tmtKtoi $0327 0*20 SOUS 21)0 U4704 1645 >05 *255 *1037 1540 KlIM 2335 0*7)04 »40 $024 2355 Aacliart N242M 2045 N242C5 2045 0f04 1040
        1,536 words
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      Page 28 Advertisements Column 1
      894 28 I NORTH AMERICA 1 ["EXPORT 1 mx-mmmtHumMmmm-DmECTTOLA lrrn P—WlMlUltoW^ooastSOOTHAiw^AiuAwocBEXPf«agagwv<cg(»ri ag| o* w jBBoo wr 55f1j5a55T5555r8 OOQMMMtA MBM W/W 11/tl M/M 10/ M 10/W 11/n 12/n M/M SSL gff JJft I ooacauoMtt mem nm nm um iim u/n u/u i«/n m/m TH r*""! I—ii??—I IV I n/M V/M tea- 6 sa
      894 words
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      Page 28 Advertisements Column 2
      611 28 represented fc. u.. (IfSl!) Memoes o#»*Heo«rye# S-ngaowe Feeders Accredneo Sr>ccw-ig Agerts BjUV Assoaatxr. V'"-y Siogacore Sfioo*>g Assoc-ater Send out 48,000 copies of your sailing schedules Shipping Times Just talk to as... Iris Lim 740-2044 Jarrod Leong 740-2089 J >°p O" 2 Hongkong 1 Momko I Koo*h.ung K«o*ung Acophng Kl to
      611 words
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      Page 29 Advertisements Column 1
      946 29 t k a [m \9 )W <w iIH TO EUROPE FROM EUROPE msn wr sw rm am ham mv sou fit u>Tl Ivcsa w m m mi m son m ia ml HT EMraKM 3071 17/12 OS/03 07/03 10/03 04/0) MM MM 15/01 17/01 30/01 31/0117/01 ACWUCO M7I 10/0214/02 11/03
      946 words
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      Page 29 Advertisements Column 2
      2207 29 HANJIN SHIPPING IFMVa/YOT IMl| MM UMmUi/VOT SU UK |MlI TO 1 1 W PH MM IHt I OMI ~yfi —pm N.RHAMTNOIII »/W 71/07 IMP 17/ M 11/03 14/ M 14/03 IS/03 15/ M lt/M 17/ M 17/03 )7/M )|/p 14/03 ~ij/M~ 11/03 HBIIAMINOIII 10/01 71/07 N.SIATIU/04M 70/03 71/03 B/M B/M
      2,207 words
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      Page 29 Advertisements Column 3
      102 29 A*.! ORIENT EXPRESS UNES (U.K.) LIMITED fjgli, (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE vk» voT gjWi tonu vnsa tot iowmy smgwom KEDAH 012 20/02 01/03 ACHIEVER 006 11/02 23/02 LEERORT 310 20/02 01/03 ALBERT BRIDGE Oil 15/02 27/02 ALBERT BRIDGE 012 27/02 06/03 NORDKAP 423 18/02 02/03
      102 words
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      Page 30 Advertisements Column 1
      1484 30 CT DSR-SENATOR in Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT VOt m LiH HTM AOT I HAM IWV HJt Vttttl 1 VOT tPt FU ATM I OWV HAW I'ijin CHOYAM3AM VMOO lIC HIO IB 03 11 03 12 0 13(3 1413 HMUMPMW E£Oo MB 00 20 01 JlOl
      1,484 words
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      Page 30 Advertisements Column 2
      1043 30 MY LJNE y **L lnt«rn«t W*t> SM* http: //wwwyml.com.tw fjjlHtik tk V •<! Addr— oohp72oyml.convtw mmmjmEnnniiismmmEmiinmmmim WSttl VOY SM CM! RTM HAM FXT LEH AMR MING MOON ABO7W 20/02 2W7 14AJ3 12/03 11/03 IMB MING SOUTH JBO7W 22/02 11/03 13/03 14/03 16/03 DOVER BRIDGE ABOBW 27/02 03/03 21/03 19/03 18/03
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      Page 30 Advertisements Column 3
      463 30 BpSSELTOrTUNE ST JS TIIiMI34S«nUb«BUIII WAR A LABUAN vissa vor no m vissa vot no nt SFOtI «ua*A srau IM i rtosroi vosi/w 11/0711/02 a wosfb vwt/n 11/02 22/02 tfMGUXT VOX/W 72/07 75/07 UUGUM VOSI/W 77/02 74/02 1 FtOtftf VOtf/W 27/02 02/03 IFWSfB VOtf/W 27/02 03/03 AFtEOOfT VO4l/44 04/03 07/03 AmOOtT
      463 words
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      Page 31 Advertisements Column 1
      1156 31 VKBSKL VOV SIN BKK POU PKQ PBN BtW MM BA MK IRAN QHEYAMAT PJL-1272 I I I ***** 1 1 ***** 1 EIBE OLDCNOOAFF PJL-1277 IS/02 23/02 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAUAN, ARMENIA, KAZAKHSTAN, UZBEKISTAN. TURKMENISTAN, KIRGISTAN, TAOZHIKISTAN GEORGIA VIA B. ABBAS. BIK
      1,156 words
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      Page 31 Advertisements Column 2
      1614 31 CARGO TO/FROM 1 SHEKOU HUANGPU I WEEKLY MRECT SAILING I I JSSSffiSSSHLWP 6 SHENTON WHY TH: 226 1900 FAX: *****01 OUTWARD (l/L) 4205M2 JOHORE OfFKE: COSTAR SHIPPING PTE LTD #i7-o« disiidg saiis/mgs 42osmi/43 inward dept (d/o» 420s;ss COSTAR AGENCIES (M) SDN BND l_C«lgniyi7tWogoj|_ TOWHTWQ(O6MOf) CQWV!|mOjjAl_ L T/SHMT DtW *****25 TIL
      1,614 words
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      Page 31 Advertisements Column 3
      517 31 l i EASTERN CAR UNER, LTD."-=. ?i? K II fc I ig gWGAPOBQ Wl lIP jSKUL I iiKHun iw Bono c wavy un urro ira toms KKSMMNROntm LOADING FOR ETA SIN 16/02/98 27/02/99* 22/02/98 EU SN 19/02/98 EIA ML 20/02/98 c invi/vB ETA SON 25/02/98 MV U MV^S^SfSI^A ETA SH
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      1254 32 IUKOetAMCMmWVIIfMJMMtUUi SGP ROM ANW HB6 THP ZEE LMV LHV THP ROM ANW HSG PKL SGP E RENOWN RW-C27 2ZU2 13*3 IS*3 14/B3 11/03 17*3 18*3 E. GROUP RE-007 ?M1 2UI 30/01 01/02 24/02 23/02 I. DAINTY RW-004 24/02 20/03 25/03 21*3 23/03 24/03 29/03 E. GLAMOUR RE-064 03/02 02/02 04/02
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      Page 32 Advertisements Column 2
      60 32 COMTAINCm BMUVICKVCOHVUmOMAI MTWCP IVMNI I VOT ISWI SK 1 PNN I CQI IHI SKA I SMTI nm> n aw w MfiMIMWICI H3> vm IMP QUE ww wi_ yi/g 9W3BK m TUB OMP axiMiNGi 7i/® r~ snanr W? OMB Mllca: )1S Ovtan RMN M7-M, Tai BMH Uat MMM, hwn 1M074 T«fc
      60 words
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      Page 32 Advertisements Column 3
      750 32 M*SIA I ~J\~/ X J g!»<»W«MW 8BU:(064)*****9 MAN1LA:(632)*****61 *****38 BANGKOK: (682) *****67 SURABAYA: (31) *****0 P KELANQ: (03) *****77 JKT: (21) *****07 MDN: (61) *****3 KUCMMO (082)*****1-3 **NIU 1 GENOA/BARCELONA MV "MARTRAVELLER" V.97N M V "NORASIA SHANGHAI" V.9807-3 ALSO ACCEPTING TO SOUTH HARBOUR 25*2-98 ROTTERDAM/HAMBURG AUCKLAND MV "MSC MARTINA" V.9806-3
      750 words
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      Page 32 Advertisements Column 4
      395 32 /m~l > NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VBSa WT I SI I nu I DUI I (FT I l/MT NAMmvaus 02SS 72/0? 02/03 Q4/D3 09/03 SOIDBt WGOW 003S 01/D3 11/03 IS/D 3 19/03 mtttl WMQSS 020S 0»/03 23/03 27/D3 WmiQUEB 024S 17/03 25/03 29/03 02/04 OS/M
      395 words
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      Page 33 Advertisements Column 1
      540 33 iBSA^ MK MYANMA pß*. FIVE STAR LINE (Myoßmar Notional lioo) w Loading for Yangon (Rangoon) VISSII VOT SM PKG KM PGU MPA-AN 242W Sit KM GUI 142 INPT MAIATSIA AGfNTS: lOUSTUO SHIPPING AGCNCKS KUt m 02-03-*****00 PKL Til 02-03-*****01 PHI: m 02-04-2****** P6O: TU 02-07-*****21/4 BANK LINE (A strvit* of
      540 words
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      Page 33 Advertisements Column 2
      1305 33 A HYUNDAI MERCHANT MARINE CO. LIP, [ttttfl wl ™w W «TM AMT m pr» lliZ| |VPSa VOT SOU 181 OTM AWT MAM ItV IWI ji ACAPUCO 301W 11/02 01/03 14/03 11/03 12/03 MTOMMOOOM3IOI 21/01 05/01 03/02 02/02 01/02 03/02 23/02 IAIOMI 303W 20/02 13/03 14/03 00/03 10/03 10/03 10/03 TTM
      1,305 words
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      Page 33 Advertisements Column 3
      891 33 mm nonwegon ipeciobed oukxoman SfSZ?£r iMs£ @°)3(°](£ TO NORTH AND LATIN AMERICA VISSIL VOT RAMP HEIGHT SIN IAX o>l MIA SAV lAL QRF NYC NEW MOi TAIKO FMS 4001 ms 6.3 M 21/0 2 21/03 05/04 M/ 04 10/04 12/04 *****" 14/04 19/04 20/04 TOURCOING FOO6 400 Toot 6.3 M
      891 words
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      806 34 ANOKOK/LABM CHABANO JAH AWT A/PAH J AHQ VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN XETHABHUM 22CN In Pt 22/02 MATHU BHUM 3688 19/02 21/02 BAN! BHUM" BSN In Pt 21/02 22/02 MATHU BHUM ***** 19/02 21/02 SI NO OCEAN OCNQSS In Pt 21/02 GURU BHUM' MS 21/02
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      Page 34 Advertisements Column 2
      118 34 GEMARTRANS 4 fIAILIMQfI VWmt TO HCM HB $m —svUUWUM 4IN 21/01 26 0? GUAM UJ3 24/01 27/07 VANXUAN ESOSI 27/01 01 03 HAH GUMG 02 AI OK 21/02 01/Ol UUOHUM 41N 01/Ol OS/Ol 28AIUHQ8/WgKTOHAIPHONQ VPSa VOT I UN HPH lATIAWX ftioa 9104 M 11/02 24/02 tUNH IXM JOZS B/S2 2
      118 words
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      Page 34 Advertisements Column 3
      415 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 HI TEL *****68 FAX: *****64 TLX R*****6 SINMER CR No: **********0W Recwvtng Cargo at PTI Blntulu Minn I BM ¥21 «M m ***** S®! Sffl iy* Ibtat WBO4I2J2VOT 21/02 VWOX If2o/02 25/02 ISm WO4E 21-01/03 01/03 M Gold 19M. 73
      415 words
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      Page 34 Advertisements Column 4
      663 34 1 ACCORD A SHIPPING PTE LTD Til: *****13 (40 Lin«.) FAX *****30 KM UAMG (03) *****01 B M DIRECT ACCESS TEL: *****3S (EXPORT BOOKING) ni» GUDAMC (07) Ul IS/7 *****34 (EXPORT DOC), *****39 (IMPORT) nUKG (04) SSt 144S URIsHTTP://WWW.ACCORD.COM.SO JJUUUtIA (]1) *40 0770 VAA^ FOtT ITA SIM POKT Ilk SIN
      663 words
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      368 35 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEAW-CONTAINEWIBgD SERVICE ~vii vov I Tram i adam/roam hiuko mimcm I antwirp A VESSEL 42W8 I 27/5 1/4 OMIT S/4 TO AUSTRALIA 1 FULL COWttMNEB SPMCg 51 k w a w <nii PM KDU.OYD MSSAM VOH 11MB n«| M«3 IMS OMS IMS AUSTEMTBVMK |v.I2S|2MZ
      368 words
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      Page 35 Advertisements Column 2
      662 35 SgSSSgPff PACIFIC INTERNATIONAL UNES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO: **********06 Tariff a! |iil a w S KOTA HABiAH BUfllZ 11/2 1/3 11/1 '"I »l/l M/l I M/l I OQU ACtQIP 111 1/3 1/3 LIZJ 22/3 24/3 21Z3 4/4 flQflJUn #11 21/3 22/3
      662 words
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      Page 35 Advertisements Column 3
      715 35 IVE9SELS I VOY 1 JED HA I i£H HAM THP RTM ZEE VK-LE DC ANTARES L24W 23/02 03/03 08*03 13*03 19/03 17/03 17/03 18*03 VXEOE VWOO WW MW 12*03 18*03 22/03 2MB 25/03 25/03 28/03 VKXE 06 NORMA N2*W WW WW 23/03 2MD 30/03 01AM 01AM n;«M VKXE DC OEMHA
      715 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      46 37 To retrieve more schedules, just follow these simple steps... document be faxed M press r the port your Stepym Step key in the four number /jM digit code Key in your Example: r-L, fax number To NEW YORK (NYC) 2275 for calls within Singapore Unit&d Stdtes
      46 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      1079 40 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. **********00 BOOKINGS CA LLDIRE C T LI ME: *****41/43 JE SSIC A/C E LIA/M EI CHAM 7 SLGS/WEEK 2 SLG/WEEK BBH Tvoy —Ism Ijak ivessel voy am
      1,079 words
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      Page 40 Advertisements Column 2
      541 40 M ENG LIE SHIPPING CO PTE LTD I I U 51M17S (4 Übml tan SUMM/])M(M I aiwunMMim I VISSIL VOY SIN ETA SIN ETD DESTINATION DunOoyo 04/98 15/02 18/02 tawa^Bofc/fcoion Uraon Stor 10 02/98 16/02 18/02 Borton/I papan Marco Polo 2 02/98 18/02 20/02 K lunggot/^aiambong Marco Polo 42 9>06
      541 words
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      Page 40 Advertisements Column 3
      373 40 m FAR EAST 22/02 KEELUNG/KAOHSIUNG 22/02 BANGKOK 22/02 MANILA/CEBU 22/02 JAKARTA/BEUWAN/SURABAYA 22/02 PORT KELANG/PENANG/E MALAYSIA 24/02 BUSAN 22/02 TOKYO/YOKO/KOBE/NGO/OSA 22/02 HONG KONG SIM CHINA (*lS#±»*n) 22/02 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIM EURQPE/UK 22/02 LON/FLX/LVP/SOU ROM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES m USA/CANADA 24/02 LOS ANGELES/NEW YORK all IPI
      373 words
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      Page 40 Advertisements Column 4
      466 40 Singapore Soviet Shipping »&Co. Pte. Ltd. CR NO:**********0N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTA RAJA RJAOOS 23/02 03/03 15/03 17/03 KOTARATU RTUOO3 07/03 15/03 27/03 29/03 ORIENT CORD 110N 11/03 19/03 31/03 02/04 KOTA RAJA RTUOO7 19/03 27/03 06AM 10AM REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA VESSEL VOY
      466 words
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      880 41 MSC CALL DIRECT TO VALENCIA EFFECTIVE FROM S NORASIA SHANGHAI V.9807-3 ETA SINGAPORE 25TH FEBRUARY 1998 I ASU AUSTKAUA IXPMSB »WVWa l! [VESSEL I VOY I MN I FRf 'API N2L I SYP INI MSC YOKOHAMA 003 A 22 FEB 28 FEB 03 MAR 05 MAR 08 MAP 11 MAR
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      Page 41 Advertisements Column 2
      1422 41 OTtt I KM I I HIP I II I VBSOTVOTAM 00a MTNBtiMK 01WM7 I9A 07J3 MjA IIM lid PMI SET "Ifir -&T "^rS 1 -s§sr- -MP< Stt2ooaagjWW oimmn ma iim iim i7A ha SyTawams ™L 2fii 52 Hi! 212 7 ha MJT 2!!!! 5? «L_ KSSSm S!S SS SS 35
      1,422 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      430 42 H Ivtessa. voy s!J^^ma!^^siJ^| TEER ISLAND 605N 19-2<VO2 24-01/02 06-0603 I TIBER BRIDGE 606N 24-25A)2 01-04/03 09-1003 I TWjER BAY 607N 27 28/02 04 06/03 12-13/03 I TIGER WAVE 606N 02-03/03 07-11/03 15-1603 I THGER ISLAND 609N 05-06/03 11-15/03 19-2003 I TIGER BRIDGE 610N 09-1003 15-1603 23-24/03 I IVESSE^^^VOYSINC!ALSI^| TIGER
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      Page 42 Advertisements Column 2
      773 42 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapora *****1 Tal: *****66 (60 Unas) Fax: *****33 E-mail flesin@singnet.com.sg LCL FCL SERVICES FROM SINGAPORE TO SOUTH AMERICA ATTRACTIVE RATES TO THE FOLLOWING DESTINATIONS: BUINOS AIRES (BU!)/SANTOS (S$Z)/VALPARAISO (VAP) ETP SIN Etd SUE Etd SSZ EH VAP Settsu V0403S 27/02 24/03 Hanso Commodore
      773 words
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      Page 42 Advertisements Column 3
      913 42 OOCL (Sinqopore) Pte Ltd CFS Keppel Distrpk 7* Amm Rm4 #21-04 (S) *****6 Hk 513 #01-128 I mmky 46V V aN011l7«7MOOON 1*272 7127 fdT 3269 ISO A W: *****13 Fu 221 3942 Fwu 272 7123 "M WOilW AMMtCA' W%k/ CANADA £T~ ABSTBAUA TO MSA IGI -Oti iS -NYC "HOU OUTBOUND
      913 words
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      123 43 f \=-f:VyTTTTniMBB^ [Regional LEGEND R Thunderstorm Temperature Oq X\ y Shower Weather Wind direction with speed m knots ••Rom V^J Cloudy Sky Wov< Surfoce winds are mdicoted by arrows which My with the wind Cly ,uM c *cle represents cotm or light and variable winds One hoM Heche represents 5
      123 words
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