The Business Times, 19 February 1998

Microfilm: NL21083
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    20 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c S I N G A P O R E Internet: http://www.asial.com.sg/biztimes THURSDAY, FEBRUARY 19,1998
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  • Article
    MARKET SUMMARY
    74 1 sin 1638J8 (+42.08) BT-SKI •7M7 (+25.93) PI BTOOMF LJ 13Gt3C (+19.43) W% aTB6A U BMJ6 (+24.23) El HASKET MOOD: Efl Mixed srociMAMEr nances Wednesday Change KLSE COMP 7MJ0 I4«7 NIKKEI *****89 -176,82 HANG SENO 1<M»79.»_*4»J2 SET INDEX *1127 19.74 JAKARTA COMP —***** +4.47 MANILA COMP _1997.60 *4107 TAIPEI
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  • Article
    FINANCE
    77 1 EXCHANGE BATES I s» ss US$ 1.644 S 1631 2JWI DM 0jM8 0 901 YEN 100 0793 MM MS 0282 0.431 HKS l.l» 0212 BAHT 0.022 0036 RL'PIAH 100 0.011 0.018 Interbank rata PRIME SATES SINGAPORE* 7.85 KUALA LUMPUR. 10.45 JAKARTA 22.00 BANGKOK 15.25 MANILA 17.50 HONGKONG 10.25 TAIPEI
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  • Article, Illustration
    Lock icon Govt says Yes to more lively financial centre
    1197 1  -  BANKING SUB-COMMITTEE REPORT Industry hails acceptance of almost all of banking panel's proposals By I Catherine Ong [SINGAPORE) The government has accepted nearly all the recommendations of a committee to make Singapore a more lively, less regulated financial centre, but it warned
    CHRIS LOH  -  1,197 words
  • Article
    Banks lucky to stay up?
    107 1 (SINGAPORE) The proposed financial reforms are not designed as a response to the regional crisis, but Deputy Prime Minister Hslen Loong is bearish about the sector's performance. "This year, I think we will be very lucky If we can Just keep our heads above water,"
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  • Article
    Suharto rethinking currency board, says Theo Waigel
    816 1  -  Bat no official word from Jakarta on the issue From S N Vasuki in Jakarta PRESIDENT Suharto yesterday promised visiting German finance minister Theo Waigel that he would rethink a controversial plan to establish a currency board system in Indonesia. the German minister
    816 words
  • Article
    HK unveils budget aimed at stimulating economy
    860 1  -  Package of tax concessions to cost govt HKsl3.6b hYom Loh Hul Yin in Htmi/koHii A BIJfHIKT that puts more monoy into the pockets of Hongkongers and stimulates the economy, was unveiled by Financial Secretary Donald Tsang yesterday. Most of the measures are airwd
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      119 1 INSIDE UEM fined over Renong disclosure The KLSE yesterday reprimanded and slapped a 100,000 ringgit fine on United Engineers Malaysia (UEM) for giving inaccurate information on its share buys, Pf 15 Hotel rooms tfninir cheao A price war has erupted among major local hotels, sparked off by the Singapore Tourism
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      10 1 Rupiah peg could hit ratings:Moody's, Pg 7 Editorial, Pg 12
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      427 1 Breaking the ice in stockbroking, Pg 2 MAS to set up unit to promote finance industry, Pg2 Govt studying liberalisation of SS in offshore dealings, Pg2 Fund managers hail govt approvals, Pg 4 Extracts of BG Lee's comments, Pg 4 HEWLETT* ISU PACKARD mESSm WSSSmm A Glance at the Future
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      15 1 Cutting HKS peg will spark more devaluations, Pg 8 Balancing advancement and stability, Pg 8
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  • BANKING SUB-COMMITTEE REPORT
    • Article
      Breaking the ice in stockbroking
      1180 2  -  Freeing brokerage rates is prelude to change in structure of industry: B6 Lee ihr Conrad Raj ONCE brokerage rates are freed. Singapore's stockbroking industry will have to consider changes in many other areas as well. Deputy Prime Minister Lee Hsien Loong said yesterday. At a
      1,180 words
    • Article
      Govt to leave it to banks to decide on mergers
      479 2  -  By< Conrad Raj THE government will £21 force local banks to merge .although it will encourage them including POSBank to do so in response to worldwide trends. At yesterday's press conference, Deputy Prime Minister Lee Hsien Loong said it was
      479 words
    • Article
      Govt studying liberalisation of S$ in offshore dealings
      727 2  -  By] Larry Wee THE government is carefully studying aspects of the Banking Sub-Committee's recommendations that would ideally require a measure of liberalisation in offshore Sing dollar dealings. Deputy Prime Minister Lee Hsien Loong said yesterday. "If we want to promote the (Singapore
      727 words
    • Article
      MAS to set up unit to promote finance industry
      373 2  -  Dept to work closely with firms to help bring in new products, activities ////1 Catherine Ong THK Monetary Authority of Singapore (MAS) will soon have an industry promotion department that will work closely with financial firms to promote the industry. The
      373 words
    • Article
      'No' to private pension funds as alternative to CPF
      575 2  -  Larry Wee THE government has ruled out the proposal to allow Singaporeans the option of placing their retirement funds with private pension funds instead of the Central Provident Fund. Explaining the government's rationale. Deputy Prime Minister Lee Hsien Loong said yesterday:
      575 words
    • Article
      A shot in the ami for insurers
      876 2  -  Hi/1 Siow Li Sen THK government's approval of the recommendations on insurance and reinsurance will give the industry a shot in the arm. especially in certain specialist areas which have turn ed sluggish in recent years, in dustry players say. The government approved
      876 words
    • Article
      Fund managers hail govt approvals
      721 4  -  All praises for speed and extent of measures to boost fond management tty I ShivTaneja FUND managers were mostly generous in their praises yesterday for the speed and extent of the approvals for moves to boost the fund management industry. More public sector funds will
      721 words
    • Article, Illustration
      Building a framework for the longer term
      3643 4 AT A PRESS conference yesterday. Deputy Prime Minister Lee Hsien Loong, who is also chairman of the Monetary Authority of Singapore, fielded questions on the government's response to the proposals by the Sub-Committee on Banking and Finance chaired by banker Peter Seah. We
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      284 3 v *If-#- ri ii£k%r vr rSSSBft Xt-TV. For the dynamic investor, the region holds greater opportunities So if you're a serious investor in the region, think seriously about than ever. And now for the first time, with DBS Investor Online and DBS Investor Online. After all, there's only one bank
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  • SINGAPORE AT HOME & ABROAD
    • Article
      STB effort to woo visitors sparks price war among hotels
      602 5  -  Hnge discounts offered to foreign tour operators at Asian Tourism Forum By] Frances Lui AN all-out effort by the Singapore Tourism Board to woo visitors to Singapore at the Asian Tourism Forum (ATF) in Cebu last month has sparked off
      602 words
    • Article
      More than 50% drop in bid prices for industrial sites
      522 5  -  3 of 4 plots in latest URA tender draw only one bid each By, Ang Wan May THE latest URA tender for industrial land saw three of the four sites receiving only a single bid each and offers that were
      522 words
    • Article, Illustration
      Turmoil will test social safety network: MP
      488 5  -  Yu-Foo Yee Shooo to raise issue in parliament By, Jennifer Lien THE regional currency turmoil has raised questions not only about Singapore's competitiveness but also about the resilience of Singapore's "social safety network", said Member of Parliament Yu-Foo Yee Shoon yesterday. She said
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    • Article
      Corrections and clarifications
      65 5 REFERRING to our report yesterday, headlined "TUB doubles franchise expansion fund to $9m", the Trade Development Board has pointed out that Its franchise assistance schemes offer "grants and tax incentives" but not outright financial aid. It also said that companies which qualify for assistance are treated equally,
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    • Article
      SIA trims S-EA services, adds to Aussie, US, Europe flights
      368 5  -  Felix Chan SINGAPORE Airlines (SIA) yesterday said it would be cutting back services marginally to several South-east Asian destinations as it re-aligns its Asia-Pacific operations to cope with the economic downturn in the region. It will, however, add flights to
      368 words
    • Article
      Centrepoint, Eltech, Allgreen get more time to pay for state land
      347 5  -  Developers charged 9% interest for 2-month extensions Ang Wan May THK government has granted more payment extensions for state land purchases. Centrepoint Properties, the Kuok Group's Allgreen Properties and Eltech Land, the property arm of listed Eltech Electronics, have
      347 words
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      228 5 K RECENT eep abreast with the latest r^WIV/rT7XT'rC developments and changes in tax laws i-Jll V ILUI JVlliiN 1 to manage the challenges of today's T i* iIL torto rapidly changing business environment. Implications and the 1998 Singapore Budget Attend the Arthur Andersen 1998 Budget gain an insight to the
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Waiting game continues
      437 6  -  Homebuyers unwilling to commit large sums to a new property even as more East Coast Droiects wait to be launched h,j. Diana Oon [SINGAPORE] TARRY seems to have been the buzzword of many a househunter in recent months, and no wonder. As developers announced plans to hold
      FILE PHOTO  -  437 words
    • Article
      Price cuts of up to 50% for Bangkok apartments
      470 6  -  Bruce Cheesman in lUimjkok DEVELOPERS have slashed the prices of condominiums and apartments in the first rumbles of a shakedown in Thailand's moribund residential property sector. Contrary to expectations of a bloodbath in the property market following the IMF bailout of
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    • Article
      House Hunt
      1166 6 Property transactions for districts 15 and 16 (sectors 42 to 45 and 46 to 48) lodged between Jan 5, 1998 to Feb 14, 1998 SwrfLS?' v V COHTRACT TENURE MLT-M/ PWCE PSf STREETNAME TYPE DATE UkND AREA* (SOFT) (SS-000) (S3) District 15 noo-LandH Amber Park Apt 17/12/97 FH
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      263 6 *3" n I For Sale ass > r FALCON CREST > /^*Vlj'// at Ardmore Park mmm 11 /§j Land Area: 27,279 sq ft approx. J jj/ £2 Lot 644 TS 25 Freehold Tenure /oy Ptot Ratio: 2.8 lnn Height Control: Up to 30 storeys of SUBJECT S^*P< Ideal for Service
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      Page 6 Advertisements Column 2
      186 6 Thailand to slash land valuations by 45*•. Pg 9 Wc provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands I long Kong •Bahamas •Western Samoa l ull nominee, management, corporate secretarial and professional administration services are available. We specialise
      186 words
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  • MARKETS IN TURMOIL
    • Article
      Lock icon Indon officials hint at delays in tough IMF reforms
      281 7 AFP [JAKARTA] Several Indonesian government officials have hinted at delays in the implementation of tough economic reforms demanded under a US$4O billion (5565.7 billion) bail-out deal with the IMF, Antara news agency said in reports yesterday. Investments Minister Sanyoto Sastrowardoyo was
      AFP  -  281 words
    • Article, Illustration
      Lock icon Creditors must bail themselves out of crisis, officials agree
      432 7 Global structure must be beefed up; IMF role vital Reuters [WASHINGTON] Finance officials from 22 countries on Tuesday favoured making creditors pay for their mistakes in Asia and in future market crises, as part of a drive to strengthen the world's
      Reuters; REUTERS  -  432 words
    • Article
      Suharto to decide on currency board after G-7 meet: Japan team
      687 7  -  Move seen as invitation to West to come op with alternative solutions From, Anthony Rowley in Tdkf/o INDONKSIA's President Su harto will await the outcome of Saturday's Group of Seven (C.-7) finance ministers' meet ing in I<ondon before deciding
      687 words
    • Article
      Lock icon Rupiah peg could hit ratings: Moody's
      371 7 Move will lower forex reserves, push op interest rates, it says Bloomberg AFP (HONGKONG] Indonesia's plans to peg its currency to the dollar won't help repair its battered economy and might cause the country's credit rating to fall further, said Moody's Investors Service. "I
      Bloomberg; AFP  -  371 words
    • Article
      Lock icon Corporate bond defaults doubled in '97: Moody's
      247 7 FT (LONDON) The number of corporate bond defaults more than doubled last year and is expected to continue rising, according to Moody's Investors Service, the US credit rating agency. The majority of the defaults occurred in the second half of the year, mainly
      FT  -  247 words
    • Article
      Lock icon Thailand to unveil 3-year plan for banking on Feb 24
      238 7 Reuters [BANGKOK] Thai Finance Minister Tarrin Nimmanahaeminda said yesterday that the government would unveil on Feb 24 a three-year plan to strengthen the country's battered banking and financial sector. He told reporters the plan, requiring financial institutions to adopt stricter
      Reuters  -  238 words
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      9 7 Call **********6 fo place a f quickacting ad. |CA.T.&
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      301 7 Thursday, 26th February Hot to P» c include 9.00 am 5.00pm ow to 9 et smort by using the right numbers for your Hyatt Regency Singapore budgets, soles marketing forecasts, inventories, expenses and balance sheet management. A Pull-Day Smart Saminar H w void bad deb,s wha do i( you ve
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  • HONGKONG BUDGET 98/99
    • Article, Illustration
      Lock icon Cutting HK$ peg will spark more devaluations: Tsang
      621 8  -  Financial Secretary warns that it could also destroy pnblic confidence Reports from Quak Hiang Whai in Hongkong IN HIS strongest defence of Hongkong's fixed currency peg to date, Financial Secretary Donald Tsang yesterday said a loss of stability arising from any change
      REUTERS  -  621 words
    • Article
      Growth seen slowing to 3.5% from 5.2%
      495 8 1998 will be year of adjustment and adaptation, says Tsang THE Hongkong economy will expand by only 3.5 per cent this year, down from 5.2 per cent last year. Financial Secretary Donald Tsang predicted yesterday. Speaking at his annual budget address, the financial
      495 words
    • Article
      Tsang defends need for large govt reserves
      594 8 He predicts fiscal reserves will reach HKss27bby the end of 2002 WHILE Hongkong Financial Secretary Donald Tsang yesterday unveiled a platter of fiscal goodies in the form of tax cuts and bigger personal allowances, he also strongly defended the need for the government
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    • Article, Illustration
      Lock icon A message for the government
      48 8 I HONGKONG) Tuv office workers in the central business district taking a look at thousands of signatures posted outside the Legislative Council, where the budget was due to be unveiled yesterday. The signatures urged the government to cut taxes and freeze spending. REUTERS
      REUTERS  -  48 words
    • Article, Illustration
      Balancing advancement and stability
      733 8  -  COMMENTARY The new budget offers tax breaks but sticks to a conservative fiscal policy ttu Loh Hui Yin AFTKR doing his best to lower expectat ions for his third and most difficult budget, Donald Tsang yesterday unveiled a set of budget proposals that should please both
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  • Page 8 Advertisements
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      47 8 I~ L-J N—l—l I 1 Asia's Leading Trade Show on Drinking Water, I Processed Water 8 Waste Water Technology 10 12 March 98 Suntec Centre Wrv Singapore KS>' I J I yy e e f °'y y j *> e v e FAX/SEND YOUR BUSINESS REPIY COUPON TODAY!
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  • REGION
    • Article, Illustration
      Lock icon Abri throws its weight behind Habibie
      482 9 JAKARTA No link between financial markets' moves and choice of next V-P: Gen T&njung Reuters INDONESIAN Research and Technology Minister Bacharuddin Jusuf Habibie yesterday won key support from the armed forces in his bid to become vice-president as the military chief dismissed the impact
      Reuters; FILE PHOTO  -  482 words
    • Article
      Lock icon Aussies concerned over Indon ability to control riots
      336 9 CANBERRA Reuters AUSTRALIA'S defence chief expressed concern yesterday about Indonesia's ability to control widespread rioting and the potential for social unrest there to undermine regional stability. "I have a concern about Indonesia. their ability to cope and the effect on the stability
      Reuters  -  336 words
    • Article
      Thailand to slash land valuations by 45%
      440 9  -  BANGKOK Aim is to stimulate property market, cot tax harden on sellers Harish Mehta THAILAND is planning to slash by 45 per cent the official valuations of land prices in Hangkok. its suburbs, and major provinces, in a belated bid to stimulate a
      440 words
    • Article
      Lock icon Philippines posts 1.9b peso budget surplus for Jan
      188 9 MANILA AFP THE Philippine government posted a 1.87 billion peso (5576.4 million) budget surplus in January amid better revenue collection and tight fiscal spending, financial reports said yesterday. The latest budget position was much better than expected, given earlier predictions that the
      AFP  -  188 words
    • Article
      Lock icon S Korean growth put at 1% in 1998, forex reserves seen rising
      497 10 SEOUL IMF approves USs2b instalment after govt passes laws to ease retrenchment Reuters Bloomberg, AFP SOUTH Korea's real GDP growth in 1998 would be one per cent, according to revised macroeconomic targets in a review issued yesterday of
      Reuters; Bloomberg,; AFP  -  497 words
    • Article
      Lock icon China's jobless rate at 50-year high
      388 10 BEIJING Up to 13m urban residents seeking work, says prominent academic Reuters CHINA'S urban unemployment rate has soared to the highest level since the Communist Party swept to power almost five decades ago. a prominent academic said, yesterday. Up to 13 million urban residents
      Reuters  -  388 words
    • Article
      Lock icon S&P upgrades S Korea's foreign currency debt
      381 10 NEW YORK Three-notch jump to 'BB+' paves way for conntiy to sell USs9b in int'l bonds Bloomberg SOUTH Korea's foreign currency debt rating was raised three notches to "BB*" by Standard Poor's Corp. paving the way for the country's planned sale of US$9
      Bloomberg  -  381 words
    • Article
      Lock icon 19 Koreans charged with industrial espionage
      233 10 ft SEOUL AFP PROSECUTORS yesterday indicted 19 South Koreans on charges of stealing and selling sophisticated semiconductor technology to a Taiwan-based firm which has denied wrongdoing. 1 The 19 included Kim Hyung Ik, 39, an executive of the Korea Semiconductor Technology Company (KSTC), and
      AFP  -  233 words
    • Article
      Lock icon Taiwan '98 growth forecast cut to 6.2% due to Asian crisis
      290 10 TAIPEI Marginal fall from November's 6.5% estimate AFP TAIWAN yesterday downgraded its economic growth forecast for 1998 marginally to 6.2 per cent due to fallout from the regional financial crisis. The island's economic growth projection was cut from the
      AFP  -  290 words
    • Article, Illustration
      Lock icon India polls chief under attack after 9 states get revoting
      374 10 NKVV DELHI AFP INDIA'S election chief came under attack yesterday after it was announced new counts could be held in 1.000 polling stations following violence and fraud in the first phase of national elections. The Election Commission, which had declared
      AFP; REUTERS  -  374 words
    • Article
      Lock icon Mr Yen rapped by boss for remarks on policy
      170 10 TOKYO Reuters OUTSPOKEN bureaucrat El suke Sakakibara. whose recent remarks on the Japanese government has raised hackles among politicians, was chastised by his boss yesterday for making "Inappropriate" remarks. "I called Sakakibara who is currently In the US. I told him
      Reuters  -  170 words
    • Article
      Lock icon Three seen as possible central bank chief
      351 10 TAIPEI Finance minister among former depnty governors named Reuters THREE people have been tipped as possible candidates to take over at the helm of Taiwan's central bank in the wake of governor Sheu Yuandong's death in an air-crash on Monday, analysts said. Finance
      Reuters  -  351 words
    • Article
      Lock icon Taiwan working on aid proposals for South-east Asia
      548 10 TAIPEI Dtfbt guarantees, acquisitions of listed firms among plans NYT TAIWAN plans to lend its financial muscle to help Southeast Asian countries stricken by economic calamities, following a whirlwind of economic diplomacy recently. In trips shrouded in semisecrecy, Taiwanese Prime Minister Vincent
      NYT  -  548 words
  • Page 9 Advertisements
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      116 9 <- consistent and _,V\W/ that are IVH THE brilliantty controlled and putts that have role nHLS MASTERS Over the years, The Rolex Masters has the above abundantly Excitement and frustration have been etched 4 players and spectators alike, throughout. j sees 26th anniversary of The Rolex Masters, one of the
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  • THE WORLD
    • Article
      US action plan on Iraq up against wall of scepticism
      781 11  -  WASHINGTON Air strikes seen as inadequate to achieve goals, may even help Saddam's hand From, Leon Hadar US President Bill Clinton and his top diplomatic and national security aides will be spending the coming days trying to drum up public
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    • Article
      Lock icon US producer prices fall a steep 0.7%
      200 11 WASHINGTON Reuters US wholesale prices plummeted in January, recording their steepest decline in more than four years amid falling energy prices, the Labour Department said yesterday. The Producer Price Index (PPI) sank 0.7 per cent in January after a 0.2 per cent decline
      Reuters  -  200 words
    • Article, Illustration
      Lock icon SOS from the past
      71 11 INKW Y< )HK| An attendant displaying on Tuesday a volume of 34signals between the ocean liners "Olympic" and "Titanic", "Cnrpathiti" and other ships, dated April 14-16,1912, detailing the distress signals oj the "Titanic "ami rescue operations following the disaster. The volume of messages, on display during
      REUTERS  -  71 words
    • Article
      Lock icon OECD states deadlocked over investment pact
      342 11 PA It IS Members nnlikely to meet April deadline, say delegates Reuters STAND-ofTs over US trade sanctions and movie subsidies sank attempts to pave the way for a global treaty designed to liberalise and protect hundreds of billions of dollars in cross-border investments. "It's
      Reuters  -  342 words
    • Article
      Lock icon Bank of England governor named to a second term
      267 11 LONDON Reuters EDDIE George has been reappointed governor of the Bank of England for a second term, the government announced, yesterday. A Bank of England spokes" man said Mr George will serve another full five-year term. An official government press statement
      Reuters  -  267 words
  • Page 11 Advertisements
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      499 11 P» I Plastic is power. Turn it into the power to move ahead with Cab Charge Express, a City Cab taxi booking service specially designed for credit card holders. You'll enjoy the convenience of 36 pre-selected pick-up locations i in prime areas, shorter waiting time and definitely, easier fare payment.
      499 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      New economic order after Asia's crisis
      792 12  -  T&B BOTTOMLDrE OPINION 'Myk Michael Morris The writer is managing partner at The Marketing Partnership, a business consultancy which is organising a seminar "Outsmarting the Asian Crisis" on Feb 26. Email: morris'a m box 2. sing net. com. sg MAJOR discontinuities to the world
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    • Article
      IN OTHER WORDS
      110 12 'Our customers have improved in terms of quality. Many of them are now upper class businessmen.' Abdullah Rochimi owner of a Jakarta pawnshop. 'I was trying to get an autograph for one of my kids. Sandy Berger US national security adviser, on why he had wasted his
      110 words
    • Article
      Asia needs a comprehensive remedy
      631 12 EDITORIAL THE air has suddenly become thick with ad hoc proposals from many quarters for aiding Asia's crisis-stricken economies (Indonesia's especially) with schemes to insure trade, guarantee debts and stabilise exchange rates. While it can Ih> argued that every little move helps, the danger is
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    • Article, Illustration
      Lock icon Sting in Japan's exports
      1104 12  -  Asian crisis will hit sales to region, hurting any hopes Tokyo may have of an export-led recovery Anthony Rowley The writer isßT's Tokyo correspondent FIGURES published a few days ago showed that Japan's trade surplus soared last year by some 50 per cent over its 1996
      FILE PHOTO; MSource: Nomura Singapore Limited  -  1,104 words
    • Article
      Giro penalty levied to cover costs
      292 12  -  MAILBOX Ong Ang Al Boon Director The Association of Banks in Singapore WK refer to the letter by Michael Yann headlined "Need penalties for Giro be so high?" (BT. Jan 27). Mr Yang rightly states that "Giro (and Standing Orders) are all computerised electronic
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    • Article
      WHAT THE OTHERS SAY
      498 12 Suharto sticks to Habibie AFTER months spent guessing. Indonesia can now rest assured that Minister of Research and Technology B J Habibie will be elected vicepresident for the next fiveyear term. His backing by Golkar, a powerful faction in the People's Consultative Assembly (MPR), became ironclad
      498 words
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      64 12 DOONESBPRY By Garry Trudeau soKKyyw not that m complainthought ims i J me a Lrrne mope ofjeh. r ing. far from it/on Tcanyou imagine*] Z ucai% A BURGLAR, MRS. Pf it U/OU&MAKE THINGS A SOME LEVEL. I KNOW I PRJVZN FT&M MY I I HOPE IPIPNTGIVE 0/T EASIER AROUNP HERE
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      240 13 Where to wine, dine and entertain... 18J kttp ://www. ana-kotels.com j Not just seafood either. Visit our home page and you can order tonight s dinner from our cyber selection. Browse through the menu, leave us your order and it'll he ready to pick up before you can say 'information
      240 words
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      Page 13 Advertisements Column 2
      187 13 r J RESTAURANT FOOOCOUIT WINE CELLAR j gfyoport'sfast Theme Restaurant Fooocourt ITALIAN WINE PROMOTION LA MARC As" 1 I (Merlot/Chardonnay) f Q Any food purchase t j .1 entitles you to a glass I of the above wine MLy j i#2 son iijr Market Square 176 Orchard Road #05-09/10 Centrepoint
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      Page 13 Advertisements Column 3
      207 13 Enjoy Western dishes and As tan Qfe Vienna Open from 6am to lam, its popular buffets for lunch, htgh tea and dinner art among the best— C ROWNE PL M A tmmmtli if* Imm (n«« Via :j f«r reimatini. ,*t/7il-7Vi' \<w/i JJMJJO Til (61) 7V FA (61) 7»7 Mwr. 60
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      Page 13 Advertisements Column 4
      269 13 Catch what's am it (fati "Mem I ■to» H i* Clwifitd this «ml(mi. 1&) toAffpfiy V J «««»">■»" Savour tantalising set-dishes from BBQ Ribs, Mushroom lasagna, seafood platter, Italian Genoa-baguette to Nyonva laksa, seafood hor-fun, chicken prawn clay-pot and fried vegetarian platter and complimented with soup, salad and more at
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      Page 13 Advertisements Column 5
      207 13 I W\ J •_u— j ENJOY 25% SAVINGS ON YOUR i 2ND DRINK ONWARDS j AT THE MEZZANINE CAFE BAR i THIS MONTH i Join us in our j 25th Anniversary Celebrations j £Tjderun MSzarne I I 333 Orchard Road. Singapore *****"" I Tel: 831 6286 12 Feb to 30
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      804 13 TV&RADIO PrMim 12 11.15 Business Day. 10.35 Granny Nonnon And I 11 ■11 mi i 11.30 Mr Mrs Smith. (Japanese Drama with s"™ nr» nnoV A if ollS 12 25 AM Party of Five. EngSubts). T U5 The L 316 Night Movie IL3O TV Innovations. Fists of Iron. 2.00 AM
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    • Miscellaneous
      Page 13 Miscellaneous Column 2
      161 13 CRYPTIC CROSSWORD mento "~HI 16 Came in to organise show_—^BL_Jl^——PlE— ~2t) Put one's foot down, getting out 23 I Uf^T > 90Mr that's shopped, taken by him? (5.9) coins it in (4,7) YESTERDAY'S SOLUTION DOWN 11 Terrier sailor's given to prime 2 For a gold piece, |do more iit hi^'!'
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Simply the best VW ever
      1067 14  -  The Passat's superb overall styling sets it apart from others in its class, says Christopher tah CHRISTOPHER TAN VOLKSWAGEN made no pretence of who calls the shots in its relationship with Audi when it created what seemed like a reminder of the new A 6.
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    • BUMPER to BUMPER
      • Article
        New ad campaign from Borneo Motors
        53 14 BORNEO Motors begins a new ad campaign today that focuses on "everyday lives". Called "Everyday", the ads contain scenes of ordinary people talking about their hopes and aspirations. This emotive theme follows one last year entitled "We've Only Just Begun" that celebrated the Toyota
        53 words
      • Article
        Steffi Graf partners Porsche
        50 14 PORSCHE has teamed up with tennis ace Steffi Graf. The German carmaker will promote and sponsor the youth team founded by Graf this year. In return, the tennis star will make herself available for Porsche's advertising campaigns. Porsche has supported women's tennis for over 20 years.
        50 words
      • Article
        1997 – a great year for Seat
        69 14 1997 a great year for Seat SPANISH carmaker Seat ended 1997 with 402,671 units sold its best performance so far. Sales rose 17 per cent to cross the 400,000 barrier in a year marked by the launch of the small Arosa as well as the Cordoba Vario, its first stationwagon.
        69 words
      • Article, Illustration
        Nissan squares off with new model
        72 14 NISSAN has launched a new model unceremoniously known as the Cube. Available only in Japan now, the Cube falls in line with a growing trend worldwide: small vehicles that offer the space and utility of mid-sized cars. Invariably, they all tend to be cuboid
        72 words
      • Article
        German readers eyeing Porsches
        78 14 GERMAN car magazine auto motor und sport has found the Porsche 911 to be the most sought after car among its readers. Results of its latest annual survey show the 911 garnered 30.2 per cent of votes to gain top spot. Next in place happens to
        78 words
      • Article
        Ferrari's founder born a century ago
        90 14 FERRARI has lined up activities to celebrate the 100 th anniversary of Enzo Ferrari's birth-date. An exhibition displaying unpublished pictures and documents, as well as items and cars in the life of the founder, will be held. Yesterday, the Ferrari family was to unveil
        90 words
      • Article, Illustration
        PC batteries for this electric car
        110 14 NISSAN'S Altra EV is the first production electric vehicle in the US to use lithium-ion batteries, the same power source used in high-end personal computers. The four-passenger mini van was unveiled last month, and has a maximum range of over 190 km (combined city
        110 words
      • Article
        Rover to pull out of fleet-sales in UK
        123 14  -  Compiled by Christopher Tan BMW-OWNED Rover Group has decided to get out of fleet-sales in the UK. a business one high-ranking official described as unprofitable". Director of international markets Michael Wright also said overseas sales in 1997 exceeded home sales at 56
        123 words
    • Article, Illustration
      Changes at 1998 Caltex rally
      451 14  -  Race in carpark features new drivers, new machines and new standards IW Christopher Tan THE Caltex Havoline Rally kicks off another season this weekend with new racers, new machines and new standards. One of the star attractions will be New Zealander Greg Graham, who replaces
      451 words
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  • COMPANIES & MARKETS
    • Article
      UEM fined over Renong disclosure
      383 15  -  ELSE also raps firm for giving inaccurate info on its share bays From] Eddie Toh in Kuala Lumpur THE Kuala Lumpur Stock Exchange yesterday reprimanded and slapped a 100.000 ringgit (5542,890) fine on United Engineers Malaysia (UEM) for dissemination of inaccurate information in its controversial
      383 words
    • Article
      Eltech profit up despite property provisions
      219 15 [SINGAPORE] Despite "substantial" provisions for losses in its two property projects. Eltech Electronics made net profit before extraordinaries of $3.8 million in 1997. up from $46,000 previously. But the group's foray into real estate last year resulted in a net loss of $4.9 million.
      219 words
    • Article, Illustration
      Showpla unscathed by Asian turmoil
      626 15  -  Profit set to exceed $4m; firm plans S'pore, EL downsizing Ihj) Ronnie Lim [SINGAPORE] Mainboardlisted Showpla Asia, which makes injection mould plastic components for industries like electronics and automobiles. said its Asian operations. including those in Thailand and Indonesia, have so far been relatively unscathed
      626 words
    • Article
      SPH share merger gets final approval
      120 15 ISINGAPOREI Media and property group Singapore Press Holdings yesterday announced that it has been given the Final approval to merge its ljoca\ and Foreign shares. In a statement to the Stock Exchange of Singapore. SPH said its plan to give all shareholders a one-for-ten
      120 words
    • Article
      Companies need to change mindset about disclosures
      708 15  -  HOCK LOCK SIEW R Sivanithy A couple of weeks ago, accounting firm Price Waterhouse (PW) released a report on the standards of corporate governance and disclosure among locally-listed firms. The report was the result of a survey sent out to all listed companies
      708 words
    • Article
      Tong Teik, unit of Amsterdam Rubber to merge
      376 15  -  New entity may become first locally listed rubber trader Siow Li Sen SINGAPORE Tong Teik, a leading rubber trader, is to merge with a unit of Dutchlisted NV Rubber Cultuur Maatschappij "Amsterdam", and the new entity could become the first listed rubber
      376 words
    • COMPANIES
      • Article
        Lock icon HK Citybus surges 37% on hopes of expanding routes
        354 16 Bloomberg [HONGKONG] Citybus Group Ltd's shares jumped as much as 37 per cent after the government refused to renew China Motor Bus Co's (CMB) franchise to run buses on the Hongkong island. Citybus Group, 20 per cent owned by mainland-backed China
        Bloomberg  -  354 words
      • Article
        Lock icon Diversity of HSBC earnings seen cushioning impact of Asian crisis
        627 16 Analysts expect 14% growth in '97, with most of the pain felt only in '98 results Reuters [HONGKONG] The diversity of HSBC Holdings pic's earnings should mitigate the impact of Asia's economic crisis on its 1997 financial performance and although
        Reuters  -  627 words
      • Article
        Lock icon Sime Darby denies talking to ANZ over bank stake
        169 16 Bernama [KUALA LUMPUR] Sime Dar by Bhd said yesterday it has not entered into any negotiations with Australia and New Zealand Banking Group Limited (ANZ) regarding its 60.35 per cent shareholding in Sime Bank Bhd. It said ANZ has been engaged
        Bernama  -  169 words
      • Article
        Lock icon Jollibee profit last year down 29% on forex losses
        186 16 Bernama (MANILA] After tax profit of Jollibee Foods Corp, the Philippines' largest fast food chain, fell 29 per cent to 428 million pesos (5517.5 million) last year due to the foreign exchange crisis, the company said yesterday. In a statement. Jollibee,
        Bernama  -  186 words
      • Article, Illustration
        Lock icon Telstra's 1st half profit more than doubles to A$1.6b
        446 16 Bloomberg [MELBOURNE] Telstra Corp. Australia's biggest telecommunications company, said first-half profit more than doubled. beating expectations, though it doesn't expect to match that performance in the second-half. "This is a strong profit result for the first half of the year," Telstra
        Bloomberg; REUTERS  -  446 words
      • Article
        Lock icon Pioneer Q4 net slips 14% on price war, poor Asian sales
        298 16 Reuters |TOKY()| Pioneer Electronic saw its profits in the last quarter of 1997 slide on a price war In the home audio visual product market and a sales slump In Asia, including Japan. The Japanese audio equip ment maker
        Reuters  -  298 words
      • Article
        Lock icon Core Pacific unit to sell China shares
        216 16 Reuters (TOKYO) Taiwan's ambitious Core Pacific Group announced on Tuesday it would set up a Japanese securities unit that would channel investors' money to Chinese enterprises as well as promote international business tie-ups. The Taiwanese group said in Tokyo it was planning to
        Reuters  -  216 words
      • Article
        Creative, Aztech settle lawsuits in S'pore, US
        376 16  -  Rivals feel it's better to focus energies on business, sources say /fy' Conrad Raj [SINGAPORE] Creative Technology and its main rival in the sound card business, Aztech Systems, have settled their legal suits in Singapore and in the United States. Sources said the
        376 words
      • Article
        Lock icon M'sia Mining to lend Aussie unit NatCons A$10m
        291 16 N&tCons planning to raise As4om to reduce debt Bernama [MELBOURNE] Malaysia Mining Corporation (MMC) will lend diversified manufacturer National Consolidated (Nat Cons) AJIO million (SJll million) towards its plan to raise As4o million to cut debt. MMC. which owns 49 per cent
        Bernama  -  291 words
      • COMPANY Briefs
        • Article
          Lock icon Tsim Sha Tsui sells Sino Land shares
          73 16 AFX-Asia [HONGKONG] Sino Land Co Ltd's major shareholder Tsim Sha Tsui Properties Ltd has sold a 3.66 per cent stake in the company, the Stock Exchange of Hongkong said. The stake accounts for 112.45 million shares. At mid-day yesterday, Sino Land was up
          AFX-Asia  -  73 words
        • Article
          UOB's IT head promoted
          42 16 (SINGAPORE) The United Overseas Bank (UOB) Group has promoted Lim Bak Wee to executive vice-president (information technology). Mr Lim, 47, has been the head of the group's IT sector since 1997. He also oversees the electronics banking division.
          42 words
        • Article
          Asiamatrix's audit committee member
          41 16 [SINGAPORE! DJeng Shih Kien has replaced Anthony Mallek as a member of Asiamatrix Ltd's audit committee. Dr Djeng is not an independent member of the committee. The other members are Chan Cher Boon and Ong Eng Hin.
          41 words
        • Article
          Equus raises stake in UPP to 19.94%
          57 16 [SINGAPORE] Equus Holdings Pte Ltd has bought 109,000 United Pulp Paper shares on the open market, bringing its equity in UPP from 19.85 per cent to 19.94 per cent. Some 83,000 shares were bought at 63.52 cents apiece on Friday, and another 26,000
          57 words
        • Article
          CityDev names new CEO for M&C unit
          55 16 [SINGAPORE] City Developments has appointed John Wilson the new chief executive officer/executive director of its subsidiary Millennium Copthorne Hotels (M&C). Mr Wilson, 56, has been chief operating officer/senior executive vice-president of the Ladbroke Group pic/Hilton International for the last 25 years, heading the
          55 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Silicone implant suits: Dow Corning ups offer
        245 17 Bloomberg [MIDLAND, Michigan] Dow Corning Corp filed an amended bankruptcy plan that would offer women US$3 billion (Sss billion) to settle lawsuits over silicone breast implants, a 26 per cent increase from previous offers. Under the plan Dow Corning's third attempt to leave
        Bloomberg  -  245 words
      • Article
        Lock icon Revamp, Asia exposure drag down Deutsche profit
        338 17 Earnings fall 56-5%; 4b marks set aside to cover Asia risk, restructuring Reuters [FRANKFURT] Deutsche Bank AG yesterday reported a 56.5 per cent drop in net profit in 1997 as it set aside almost four billion marks (553.7 billion) in its 1997 accounts
        Reuters  -  338 words
      • Article
        Lock icon Tyson Foods warning on Q2 earnings
        128 17 Bloomberg [NAPLES, Florida] Tyson Foods Inc chief executive Leland Tollett warned that analysts' expectations for fiscal second-quarter profit may be too high because its purchase of Hudson Foods has hurt earnings more than expected. He told the Consumer Ana- lyst Group of New York
        Bloomberg  -  128 words
      • Article
        Lock icon Hewlett-Packard profit up 2% in Q1
        360 17 But company sees difficult Asian market ahead Reuters [LOS ANGELES] HewlettPackard Co on Tuesday reported its net income rose 2 per cent in the latest quarter, but the diversified computer company said it faced a difficult environment in Asia. "It's quite likely we did
        Reuters  -  360 words
      • Article, Illustration
        Lock icon Shell signs US$4.5b China deal
        71 17 [THE HAGUE) Wang Yan (seated left), president of the Chinese National Offshore Oil Corporation, and Evert Henkes (seated right), chiefexecutive of Shell International Chemicals, signing contracts for the Nanhai petrochemical project, worth US$4.5 billion (557.5 billion), in the Stateshall, in tjie parliament complex in The
        AFP  -  71 words
      • Article
        Lock icon Campbell Soup's Q2 profit up 13%
        325 17 USs3llm earnings boosted by higher soap sales ontside US Bloomberg [CAMDEN, New Jersey] Campbell Soup Co said its fiscal second-quarter earnings rose 13 per cent, as higher international soup sales offset disappointing increases in baked goods, confectionery and food service. The world's largest soupmaker
        Bloomberg  -  325 words
      • Article
        Lock icon Dividends make up less of US stock yields
        376 17 Many companies now prefer to offer share buy backs Bloomberg [NEW YORK] Dividends are dwindling, and some investors say that endangers prospects for US stockholders' returns. This month, broadcasting company CBS Corp did away with its 5-cent quarterly dividend, to conserve cash
        Bloomberg  -  376 words
      • Article
        Lock icon Sony's Loews, Cineplex Odeon finalise merger deal
        129 17 Reuters [TORONTO] Sony Corp's Loews Theatres and Cineplex Odeon Corp on Tuesday released final terms of their proposed merger to create Loews Cineplex Entertainment Corporation, with annual revenues of about US$l billion (Ssl.6 billion). Based in N6w York City, the company would have
        Reuters  -  129 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon GE Financial ties up with troubled Toho Mutual
        402 18 Joint insurance venture to start operations in April with 144b yen capital Bloomberg [TOKYO] GE Financial Assurance, a subsidiary of General Electric Co, will form a joint insurance venture in Japan with financially troubled Toho Mutual Insurance Co, the companies said yesterday.
        Bloomberg  -  402 words
      • Article
        Lock icon Kaufmann fund may be put up for sale: report
        110 18 Reuters [NEW YORK] The adviser for the US$6 billion (559.96 billion) Kaufmann Fund, a small and mid-cap mutual fund, is working with investment banker Putnam Lovell Thornton Inc to explore a sale or strategic alliance, according to a published report. Investment
        Reuters  -  110 words
      • Article
        Lock icon Can Fidelity's Magellan Fund keep up with itself?
        434 18 Dependence on big cap stocks makes it hard to find good buys Bloomberg [BOSTON] So far this year, Fidelity Investments' Magellan Fund has managed narrowly to beat the Standard Poor's 500 Index after posting sub-par performances during the past few years. Still,
        Bloomberg  -  434 words
      • Article
        Lock icon Bankers Trust lays off 75 people in Asian restructuring
        262 18 Bloomberg [HONGKONG) Bankers Trust wUI fire about 75 people, or 5 per cent of its staff in the region, as it reorganises its banking and trading operations in Asia to deal with difficult operating conditions. The cuts wiU come mostly from
        Bloomberg  -  262 words
      • Article
        Lock icon Euroyen lower ahead of LDP plans
        217 18 mm tut Report Reuters (SINGAPORE) Simex Euroyen futures traded lower yesterday as players bided their time ahead of the Japanese Liberal Democratic Party's (LDP) expected release of an economic stimulus package. Dealers said the front months were under pressure from persistently high cash rates,
        Reuters  -  217 words
      • Article
        Prices up on upbeat forecast for electronics
        167 18  -  MSCI TAIWAN FUTURES Charlie Kuo Charlie Kuo, Service Dealer, Refco S'pore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract rose yesterday on optimism that the electronics sector will post stronger-than-expected profit this year. The February contract finished at 369.5, up
        167 words
      • Article
        Lock icon Oil glut may see prices fall to 10-yr lows
        269 18 ENERGY REPORT Reuters [LONDON] Brimming petroleum storage tanks are now so close to capacity in the West that they could trigger a slump on world oil markets to prices not seen in over a decade, analysts said yesterday. If cargoes of
        Reuters  -  269 words
      • Article
        Lock icon CURRENCY REPORT
        268 18 AFP, Reuters London THE US dollar was trading quietly as it moved in a 30point range versus the mark and the yen yesterday afternoon. Lack of liquidity and two key events on Friday and Saturday which may change the longer-term picture were keeping the dollar in a tight
        AFP,; Reuters  -  268 words
      • Article, Illustration
        Untitled
        1174 18 MTERBAMK CROSS RATES""* FeblH AS C$ B«0 ECU Ffr Da HK$ M ft fcgtofc Ym Wm M MZSNfcii Hi» tmt Sir WT$ W>w< 0.968 6.178 a«0 441 1227 5203 202 60.140 0.»48 R.490 2483 LBI***** ***** 1*5 1324 0.990 22JM 30.408 0.412 0472 n™ Am ,H£ HH ***** "22 0874
        1,174 words
    • Article
      COMMODITY PRICES
      1749 19 SICOMrUTURES Feb IS RUB8ER (futures dosing is «t 5.309m) RSS1 CONTRACTU cwtsAQ) Close Volume Open Month low Sett (tonnes) Interest Mar 98 130.50 200 Apr 98 >34.50 3550 May 98 138.25 137.50 137.50 125 3475 Jun 98 139.50 3250 Jul/Sep 98 148.00 146.00 147.50 1350 4875 Oct/Dec 98
      1,749 words
    • Article
      WORLD STOCK MARKETS
      2291 19 IWMWH Mvstriats W» hw 31 Group 503.400 -17.600 AB Ports 300 6 AbPay national 1283 41 3/4 ANiad Domacq 544 3 Amac 131 *6 Aid* Croup 195.400 -.600 BATmd 560-400 -5 BG Pic 321 *7 BICC 139 -I BOC Group 940 400 -6 BR Patroiaum 802 2
      2,291 words
    • Article
      Lock icon TOKYO
      1671 19 AFP P Nikkei 225 -***** JAPANESE share prices ended 1.1 per cent lower yesterday with investors cautious ahead of a Group of Seven meeting and the release of a ruling party economic package, brokers said. "Overseas investors retreated to the sidelines ahead of the G-7 financial meeting at the
      AFP  -  1,671 words
    • Article, Illustration
      Lock icon HONGKONG
      1569 20 AFP -•#1 Hang Seng +438.92 SHARE prices soared 4.3 per cent yesterday on follow-up buying amid easing interbank I rates as the territory's first post-handover budget was unveiled, dealers said. "The market has been 14$«pped up by easing interest tates, which led property shares to rise," said a dealer.
      AFP  -  1,569 words
    • Article, Illustration
      Lock icon CHINA
      684 20 Reuters rl Shenzhen B Index *0.30 THE Shenzhen B share market closed slightly higher yesterday, but trade was sluggish with most investors waiting for new incentives. The B Index inched up 0.30 point to 92.87 on turnover of HK$ll million. "B share investors are waiting for market-boosting policies, without
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  684 words
    • Article
      Lock icon TAIPEI
      407 20 AFP QWP Index *56^5 STOCKS edged up 0.6 per cent yesterday on strong buying of technology issues after the release of upbeat predictions about company results. The TSE Weighted Price Index rose 55.25 points to 8,837.34. Turnover was 3.2 billion shares worth NT5213.2 billion. Rising stocks led those falling
      AFP  -  407 words
    • Article, Illustration
      Lock icon JAKARTA
      710 20 AFP PJ Composite Index *0.47 SHARES edged up 0.1 per cent yesterday amid uncertainty over whether the government would scrap or go ahead with a currency peg amid opposition from the IMF. A dealer said the market was completely directionless with conflicting signals from the government on what it
      AFP  -  710 words
    • Article, Illustration
      Lock icon BANGKOK
      957 20 AFP o SET Index *10.74 SHARES rose yesterday as investors, encouraged by regional currency strength, bought export and finance stocks hoping to cash in on improved earnings. The market was also buoyed by speculation that some of Thailand's cashstrapped finance firms were close to securing partnership deals with foreign
      AFP  -  957 words
    • Article
      Lock icon MANILA
      326 20 AFP F1 Manila 442.07 SHARE prices closed higher yesterday as the market pressed ahead with a technical rebound in thin trade. The PSE Composite Index rose 42.07 points to 2,097.60. Turnover was 1.7 billion shares worth 1.1 billion pesos. The Manila Electric Co saw its A shares shed one
      AFP  -  326 words
    • Article
      Lock icon SEOUL
      444 20 AFP M Composite Index +16L00 SHARE prices closed 3.4 per cent higher yesterday, on news of the IMF's approval of revised economic targets. Dealers said sentiment also improved on the news that Standard and Poor's had upgraded the country's foreign and local currency ratings. "Even if sentiment was bolstered
      AFP  -  444 words
    • Article
      Lock icon SYDNEY
      615 20 AFP rl All Ordinaries +42 SHARE prices edged up 0.2 per cent yesterday in a late surge after telecoms giant Telstra unveiled its first profit result as a listed company. The All Ordinaries Index rose 4.2 points to 2.661.2. Turnover was 304.3 million shares worth AJ885.5 million. Shares in
      AFP  -  615 words
    • Article
      Lock icon WELLINGTON
      257 20 Reuters rl Wellington +20J7 SHARE prices closed firmer yesterday with market leader Telecom taking centrestage after a mixed bag of half-year profit results from Fletcher Challenge. Telecom rose 20 cents to NZ$B.3O to help raise the NZSE-40 Capital Index 20.17 points to 2,307.16. Reuters n>» 1 *f- rtm ANZ
      Reuters  -  257 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        9108 21 Cmmimt products 1998 Last Vol Dey Net Cap Hmi Lew Clip my i* *000 HtfN Lew HZ 310 180 A|lnomoto 280 uocn 2 280 280 155 "3.5 148 73 Angkasa 121 5 62 125 116 2.8 178.4 290 123 Apollo Food Hlq 230 -40 9 232 230 6.7 92.0 388
        9,108 words
      • Article, Illustration
        Lock icon Shares up on rotational play in blue chips
        535 21 AFX-Asia Q Composite Index +14.07 SHARE prices closed higher yesterday on rotational play in blue chips by local institutions, spurred on by the steadier ringgit and firmer regional bourses. Dealers said financials continued to lead gains. The KLSE Composite Index closed up
        AFX-Asia  -  535 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3911 22 BOHDS, LOANS WARRANTS 1997/98 Lest Vol Day L«lt Quota Avg H igo Low St no Company Saia ♦or- COOO) Mlgn Low Buyar Sallar Price 68 9 m 3000 m AMOB c5.5%0202l6 15 1 1 8V 8 3160 "Acer ******1USS 18 »2 1 18 18 16 t7.5 131 8 5 3164
        3,911 words
      • Article
        First Eng wit low liquidity but...
        197 22  -  WARRANT WATCH By R Sivanithy CONTINUING our theme of looking at Sesdaq warrants, today's feature is First Engineering's instrument, an out of-the-money instrument that certainly has a set of decent numbers. Time is not a problem, as the warrant expires in October 2001. Its
        197 words
    • Article
      CLOB INTERNATIONAL
      2646 22 Transaction Date :Feb 18 I MALAYSIAN STOCKS Cr Of •997/98 Last Day Last OimU D«< Dt> ym m mc« L*» Strw Cwwmi S<W rOOOl Hl» Lo» Buyer H Crr H E/I 478 28 mi SOOO A S8SOc K12 -1 M2 «a Ol <2 K>3 5.0 3 3 1.1
      2,646 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1346 23 TURNOVER COOO) VALUE COOO) cm two Mm c*» t«i Industrial 79,341 112,888 192.229 135,140 79,618 214,75® Flmnc* 1U82 74,794 58,176 71A36 77.750 149.188 HoMt 2,663 1.50* 4,169 4,060 773 4.533 Proo*tl«I 19.804 31,560 51,364 52.038 14,979 67.017 Plantation 5.022 5.022 5.158 5,156 MWIW 1,353 1.353 1,179 1,179 3.791 80,780 84.571
        1,346 words
      • Article
        MAIN BOARD
        4244 23 Cr Or M Wt 1*97/98 Last Vol Day Lnt OimX Wv w» ym Nat Cm Am Imm sm» Company Ul COOO) High Lm auyar lilir Or H P/t iiH Prtca MDUSTKIALS 1S7 18.5 1020 ACE Dynamic s60c 39 »6 120 40 34 35 5 3T.S 319 40 5146
        4,244 words
      • Article
        SESDAQ
        785 23 Lift V#| Dm Lilt Ouett CHv 04v YM M>t Ul ,tW# Cempwiy COOO) Hlffc L»w Bwytr l«W§r Cvr */I $m« Met tffffftfl J® 2000 ABA MtdQt V i 103 IS 103 KX) 102 104 3 0 0 0 2 1471 4% II V\J rA a, sr ttsxe—zZ r 5
        785 words
      • Article
        Untitled
        222 24 Stocks Voluim •RHB Cap Wt99 61.508,000 •Renong Bhd 50c 30,176.000 •MBf Capital 26.503.000 •Rekapacific Bh 22.605,000 •RHB Cap Bhd 21.276,000 Easyknit HKIOc 17.180,000 •M Resources 15,480,000 •Pub Bk Foreign 7,463,000 •MBf Hldgs 50c 7,280,000 •Renong WtOO 6,260,000 Stocks •RHB Cap Wt99 33,893,750 •RHB Cap Bhd 29,600,020 SIA Foreign 23,847,869 •Renong
        222 words
      • Article, Illustration
        HOT STOCK
        56 24  -  by Shiv Taneja KEMAYAN CORP closed 2.5 cents lower yesterday at 50 cents on a volume of 3.51 million shares, compared with its 10-day traded average of 15.8 million units. The daily RSI and stochastics are well past 75, and the daily MACD chart is also calling a
        56 words
      • Article, Illustration
        Recovery continues amid a steady day for currencies
        642 24  -  News that Jakarta may scrap its currency board plan and that the S'pore government will liberalise the financial sector encourages buyers STOCK MARKET COMMENTARY R Sivanithy [SINGAPOREI The local stock market extended its recovery from Monday's bashing to a second day yesterday,
        642 words
      • ON THE GRAPEVINE
        • Article
          A chuckle means 'no'?
          158 24 SOMEHOW the stock market, none of whose participants were present at Deputy Prime Minister Lee Hsion Loong's press conference yesterday, had decided that he had said existing limits on foreign ownership of banks will not be removed. We were told as a result market players pushed
          158 words
        • Article
          Still upbeat
          110 24 TI IE Eraser Neave group and its partner, Malaysian Resources Corporation Berhad, are still upbeat on their KLSentral project despite the gloomier outlook for the property market in recent months. In a circular to shareholders to approve the joint venture in the upmarket commerclal-cum-residentlal project. F&N said the
          110 words
        • Article
          SingTel buying Time?
          178 24 NOTICE how the shares of KL-listed Time Engineering Bhd sprang to life yesterday? The stock of Time Engineering, which is 47 per cent controlled by Halim Saad's Renong group, shot up to an intra-day high at 1.97 Malaysian ringgit before closing with a net 23 sen or
          178 words
        • Article
          Stealing the thunder
          214 24 THERE'S a little tussle brewing among the 30-plus national contingents taking part in Asian Aerospace *98 as to who can stage the most high-profile presence at what is arguably the Asia-Pacific's biggest aerospace and defence show. Though the show's organiser was in a bit of a quandary
          214 words
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      140 15 W V Come to where I Centre PVWb 1 U \-Ai At our Centre you can enjoy all the facilities of a World-Class Venue with a special touch of local flavour and hospitality. And whether it's for 20 or 2,000 we'll give you all the support you need. Choose from
      140 words
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      198 16 I&G& 1998 Budget Seminar PACIFIC BALLROOM 3 THE PAN PACIFIC HOTEL SINGAPORE 2JOPMTOS.OOPM FRIDAY, t MARCH 199t THE 1998 Singapore Budget will be unveiled on 27 February 1998. With the regional financial crisis putting a damper on the economy and the Government's announcement that this year's budget will be a
      198 words
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      562 17 I Singapore Press Holdings (Incorporated in the Republic of Singapore) I ANNOUNCEMENT I PROPOSED REORGANISATION OF THE SHARE CAPITAL OF SINGAPORE PRESS HOLDINGS LIMITED INVOLVING A SPECIAL BONUS ISSUE OF NEW SHARES (THE "SPECIAL BONUS ISSUE") FOR THE PURPOSE OF REMOVING RESTRICTIONS ON FOREIGN OWNERSHIP OF ITS ORDINARY SHARES PURSUANT
      562 words
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      Page 17 Advertisements Column 2
      186 17 PRIMARY SCHOOL MANDARIN FOR CHILDREN FROM ENGLISH-EDUCATED FAMILIES Self-efficacy is the key to good performance. The mastery of the Chinese language has to be nurtured in a conducive family environment. Therefore, before we teach your children Mandarin, we will first teach the parents how to teach. Our small team of
      186 words
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      Page 17 Advertisements Column 3
      18 17 The Straits Times CLASSIFIED Where buyers and sellers meet Find ready cash by advertising your garage sale. [catAl
      18 words
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      Page 17 Advertisements Column 4
      46 17 BBRrrZHOTEL^S PADDINGTON/ WOOLLAHRA SYDNEY AUSTRALIA Uniqur 3 Storey Hotel Stylish Bars/Bottle Shops 10 IVnsionr Style Hotel Rooms 2 Executive Suites Currently Fully Managed No R>ker Machines Installed Fully Licensed, Freehold V.P. ENQUIRIES Bill Malouf Mike Wheatley 61 (*****7 1000 61-411 428 354 61- 18 610 169
      46 words
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      118 18 Tommorow Evening Talk/Seminar at the Singapore Art Museum (Patron's Club) .if 71 Bras Basah Road, Singapore *****5 Friday 20th February 1998 at 7pm sharp on the Art Wealth Preservation Aspects Antique and Museum Level Persian Carpets and The Current Manu/facture of Hand Knotted Carpets from The Traditional Countries with Pure
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      7 18 The Straits Times Classified 1 Where buyers
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      66 20 Hello.' I'm calling about\. happy your advertisement in great-just like I found my pet through The Straits Times Class.fied... I I the ad Straits Times Classified. I you still have the puppy... J described. J V"" going to take real good^ I'll be right over! careo n JT j Buyinfi
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      34 22 Citibank Margin Trading Account. Trade in the Widest List of Marginable Securities. Call 339-7126 Now. THE C ITI NEVER SLEEPS Branches at I Shenton Way 268 Orchard Road 21 Jurong East St 13 www.citibank.com.sg
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      34 23 b y w VSCiU Hotline: 320 0168 Cosh Deposits Investment Carf -Ang MoKio Tel 458 4222/4333 m fl| 1459/1610 c Tel 467 1916/1918 c Tel 34 8 8262/8263 t l Serangoon Vessels slngapura J
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      1264 24 BUSINESS Notices To advertise call toll-free 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT (CAP. 50> AND IN THE MATTER OF DO SHOT BAR PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY CIVEN thai pursuant to Section 306 of the Companies Act. Cap 50.
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      Page 24 Advertisements Column 2
      207 24 IN THE M ATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OE KAIMONO HOI.DIM. PTE LTD (li» Memben' Voluntary Ijquidatwnt NOTICE OE EINAL MEETING NOTICE IS HEREBY GIVEN pursuant lo Section 'OH of the Companies At I. Cap V). thai a hinal Meeting »l ihc Members of
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      Page 24 Advertisements Column 3
      63 24 ■i ■tL 'j® THERE ARE 25 CYC VOUCHERS WORTH SSISO EACH TO BE WON THIS WEEK. AND A GRAND DRAW IN MARCH WITH 555,000 WORTH OF CYC VOUCHERS. r SHkbsbsbbbibslH^^H 'Exclusive for The Business Times Readers. Fancy a shirt in executive stripe fabrics from Austria with monograms and French/double cuffs?
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  • Shipping Times
    • Article
      Lock icon DAILY FREIGHT
      305 25 Bridge News, Reuters RATES were described as "gently firming" for Panamax grain cargoes to the East with some tightening of availability for modern types to make March 1-15 loading. The Baltic Freight Index came in six up at 949 with seven of the 11 routes rising. Volume totalled
      Bridge News,; Reuters  -  305 words
    • Article
      MARITIME STOCKS
      285 25 n .m m wt m CWT Distribution 0.8 *0.12 29 Oman Hup 0.45 *0.01 20 Caam I—■>—< o.8 FrtWH Links 0.33 unch 201 G8 Illldtogi 0J -0.03 29 Hai Sun Hup 0.96 *0 01 132 HR*cM ZOMn 0.62 unch IS MC Holdings HK 9.6 Jaya Holdings 0.495 *0.04
      285 words
    • Article, Illustration
      Captrans eyeing bigger share of India feeder trade
      459 25  -  Firm plans to add two more vessels in March/April to boost S'pore-India service By. Marcus Hand (SINGAPORE) New player in the Indian feeder trade. Captrans Shipping, predicts continued growth in the market this year and is planning to expand its presence. Ravi
      459 words
    • Article
      Chance for networking at bunkering conference
      325 25  -  Revamp of SIBCON *98 to facilitate contact-building By Felix Chan [SINGAPORE} Bunkering and shipping executives will be converging here next month for the annual Singapore International Bunkering Conference (SIBCON), which celebrates its 10th anniversary this year. To be held from March 24 at the
      325 words
    • Article
      Lock icon Govt will continue productivity drive despite union threats
      280 25 Australian onion-dock row Bloomberg [CANBERRA) Australia's government will press on with its drive for increased productivity on the waterfront, despite strikes and the possibility of an embargo by international shipping unions, Industrial Relations Minister Peter Reith said. Speaking to the National Farmers
      Bloomberg  -  280 words
    • Article
      Lock icon UK Club sets up branches in Singapore and Taiwan
      112 25 Lloyd's List (SINGAPORE] Two more operations have been established by the UK P&I Club in Asia, based in Singapore and Taiwan. The new branch in Singapore will look after South-east Asian members. It is managed by Thomas Miller South East Asia
      Lloyd's List  -  112 words
    • Article, Illustration
      Lock icon Eurokai merger will lead to Europe's biggest box operator
      328 25  -  Marcus Hand (SINGAPORE) A merger of Kurokal and Bremer Lager-haus-Gesellschafl (BIX)) is set to create Europe's largest container terminal operator. The supervisory board of both companies have approve the holding of negotiations on co operation between their container divisions with a
      FILE PHOTO  -  328 words
    • Article
      Illinois rail deal seen to benefit shippers
      214 25  -  From Leo Quigley in Vancouver THE C 52.4 billion (552.7 billion) purchase of Illinois Central (IC) by Canadian National Railway is godd news for Pacific Rim shippers looking to improve their access to North American markets. The deal creates the fifthlargest railway in
      214 words
    • Article, Illustration
      Lock icon Leading authority in ship finance
      671 25  -  KHIPSHAPB By\ Marcus Hand OVKR the last 2f> years. Professor Costa Th. Grammenos has become one of the world's loading authorities on shipping finance. A vast wealth of research and knowl edge enables him to talk at length off-the-cuff about almost any aspect of ship
      FILE PHOTO  -  671 words
    • Article, Illustration
      Lock icon Asia sees spate of air crashes
      747 26  -  air safety There is no evidence pointing to any link and recent five crashes in as many months may just be bad luck, say experts By i Chris Johnson Reuters THE China Airlines crash in Taiwan on Monday brings to five the number of
      Reuters; AFP PHOTO  -  747 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      258 26 PAGE Oongnama 7 ACl 9 ECL 5 ANL 3 Ethiopian 6 ft Accord 8 Exp Orient M Appenship 5 foong Sun 8 Astra 4 G Link 4 ft Astro 3 Gemartrans 8 Austral 9 Genshpg 9 BSA 7 Hat Sun Hup 8 Batamindo
      258 words
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      SHIPPING GUIDE
      25599 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel voyage Telephone SIN Oest'n Name Name Number Number SIN Oest'n Name Name NumOer NumOer A To BANJUL (BJL) 2040 Gambia To ABIDJAN (ABJ) 2003 2*/02 05/04 sateroute else on mmvjv; Ivory Coast, Cote D'lvoire 07/03
      25,599 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        801 39 Vessel Voy No Berth Arrival Depirtur* ten rhanti 2/98 JI7 alongside *02/1700 3****** Mulya *****8 J03 iionqsrf* 18 02/2300 gkjsful R 2 9804 J02 alongside 20.02/2)00 Bt Hernana F«» J01 alongside 19.02/0300 8t lestari I *****8 J01 akxxpxW 19 02/0600 Bt Ret J *****8 J01 alongside 18.02/2300 Bt
        801 words
      • Article
        CONTAINER SCHEDULES
        1819 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/Bilance Rstls Ship Voy No Etb/Btr Period From To From »t«wKo 5 on 9/1500 u M/noo m/*54 M/noo S UUc 0 11* l/WOO U M/1500 M/M54 M/1400 m/«oo MM M/noo 2* M/1/00 NIMH n/0400 n m/i/oo wnh n/0400 n/o/oo n/in4
        1,819 words
      • Article
        GLOBAL HOLIDAY
        207 39 Feb 23 Brunei: Nat ional Day. Luxembourg: Carnival Monday. Feb 24 Portugal: Carnival. Mar 2 Greece: Orthodox I-ent Monday. BUr 17 United Kingdom: St Patrick's I)ay. Mat 20 Japan: Vernal Fquinox Day. Mat 21 Mexico Juarez Day. Mar 2S Greece. Inde|»endent Day. Apr 0 I long Kong ('hliiK
        207 words
      • Article
        COCKETT BUNKER MARKET REPORT
        892 39 THIS report. romplled liv i'in MI Marine < Ml I .•<!. *how* prk-r rmitp" l In US dollar* In Mead ill «lii||lr prlc* li>r a more < ompr.-h.-n *lve dewrlptkm .if I hi- market l*rlce« *howin uri l b««n1 on averaiie »l»>d ili-m Mnrki-1 nu»ilwM« are
        892 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        509 39 Carton 180 Mai 1016.5 0.8 14.1 0.14 106 0.05 ft* o Density Water Residue Asft AMriiihHW St*w«t *o above £25 5 0 0 3 1 llLIf 380 Ave 985.5 0.4 12.9 0.06 27 0.01 1,721 380 Mai 992.0 1.0 16.6 0.09 43 0.04 »WW'l m/m m/»
        509 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Big rise in air crashes seen over next 15 years
        420 40 ASIA'S AIR DISASTERS Rate of one accident per week unless air safety is radically improved: expert Reuters [LONDON] A major air disaster could occur once a week in 15 years' time unless aviation safety is radically improved, a leading expert
        Reuters; REUTERS  -  420 words
      • Article
        Lock icon Taiwan accident adds to industry woes
        586 40 Regional aviation scene already reeling from Asia crisis AFP [HONGKONG] The crash of a Taiwanese Airbus with over 200 lives lost is the latest in a series of horrific accidents ad ding to the woes of Asia's aviation industry, already in a tailspin amid
        AFP  -  586 words
      • Article
        Lock icon China Airlines disaster mirrors Japan crash in '94
        398 40 AFP [TOKYO] The Taiwan air disaster has chilling echoes of a 1994 plane crash in Japan both had the same Airbus model, both aborted their first landing and both were China Airlines. The two crashes, each claiming more than 200 lives, took
        AFP  -  398 words
      • Article
        Lock icon Asian airlines safe despite crashes: Boeing
        321 40 AFP |H()NGK()NG| Describing the string of recent accidents as an "anomaly", senior manag er for Boeing Commercial Air plane Group's international communications, Mark Hoop er. told journalists here that lioeing tried to learn "as much as we can from every accident that occurs" but
        AFP  -  321 words
      • Article, Illustration
        BA to suspend some Asia flights from end-March
        542 40  -  Bat airline will boost weekly services to S'pore and Brisbane Ihj Felix Chan [SINGAPOREI British Air ways (BA) became the latest carrier to Join a growing list of airlines realigning operations in Asia as the region's economic crisis starts to hit home.
        542 words
      • Article
        Lock icon China air industry to open up further: official
        291 40 Bernama [BEIJING] The Chinese civil air industry will further open to the outside world, increase its use of foreign investment and continue to enhance economic and technological cooperation with international enterprises of same trade, said Shen Yuankang, Deputy Director of Civil Aviation
        Bernama  -  291 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1763 40 CITY FUCHT CTA FltCHT ETO MO 1710 MaOtaM cm* tOOi Mm MHOS 0620 MNMl 0*7301 19)0 0*7302 2050 Fraafetarl $0325 835 U7305 2220 orn mo oru 2050 lmtti M4S ores 2220 $0229 2220 0*7306 W40 $0326 23S5 Amtttrdam *1043 0550 *1030 23)5 *0* *40 UC779 2359
        1,763 words
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      757 26 I 1 [MHQAfK)nC CAUFOWA EXPHCSS f)WECT FROM WEST COAST) IQULF KARACHI EXPRESS (CMOQ rasa wrr om van su u sm vtssa vor ju mm |mm] ui cot kg sm uksmt iiws*4 »/oi n/%\ 70/01 n/n io/o? noik* 7* ro/n n/n njn v/n n/n 00/03 10/03 OTMK AUXANHOTt fIHMi OMR 10/01
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      679 26 l me* ser/ices represented IS V 01«) Cry Merreers of tr« Registry of Accredited Sf*w>ng Agents Sngapore V*ppmg Association Members o* me Singapore Freight Forwarders Association sa% '^^tfumosp S^^pixgTimesOxlixe Just taik to us.. Iris Lim "40-2044 Jarrod Leong 740-2089 EXPORT 3 x Japan •2 x Hongkong •1 x Manila -1
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      891 27 I SAX SERVKE (DIRECT) Ivcsa voy awra ux am pal hou oo cot mh» ktc wxAMAZown 0131 19/0? OS/03 10/03 10/03 11/03 11/03 11/03 H/M 12/03 12/03 NOI sardonyx 0011 25/02 12/03 17/03 17/03 10/03 u/03 u/03 11/03 19/03 19/03 wnMcmmn 0371 09/03 19/03 »/Q3 urn 25/03 25/oa 25/03 M/
      891 words
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      2150 27 HANJIN SHIPPING U»A CANADA* "STvuTvor I iam Ism lmhaui/vot su nw do T~pm oi is* m wt mi pit frwi rvt tu [~m H. BJZAAfTH OTH M/W 71/W DOICT 17/03 13/W 14/03 14/01 IS/W IS/03 U/W 17/03 17/03 """u/oT 14/03 ~u7w~ U/W mUKKTHOm M/W 71/07 H.SMTHI/WM 70/03 >1/03 B/W a/03
      2,150 words
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      Page 27 Advertisements Column 3
      107 27 GSfi ORIENT EXPRESS UNES (U.K.) LIMITED IJPJ. (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VESSEL VOY SINGAPORE lOMIAY VESSEL VOY lOMIAY SINGAPORE KEDAH 012 20/02 01/03 ACHIEVER 006 11/02 23/02 LEERORT 310 23/02 04/03 ALBERT BRIDGE Oil 15/02 27/02 ALBERT BRIDGE 012 27/02 08/03 NORDKAP 423 18/02 02/03
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      779 28 <C DSR-SENATOR iml Round the World Container Services Ga®\w REEFER CARGO TO USA EUROPE FAR EAST PORTS NEWSHIP AGENCIES PTE LTD SINGAPORE: TEL. 8541*10 FAT (B41«0 TLX R8 43M8 FOR ENQtIRY BOOKINGS* JENNY lAY l HO»* ArHKRINE **H»4*4«>4S POUT KLANG: SINARAN MALM SON BHD TEL. SMSW7W IS UNES> FAX. IM-OWTW
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      1177 28 MY IWMMNS internet Wet> Site http: //wwwymlcomtw jf^fcfcX*Ui-* f* IJI:imUI,'hIH'HI|:BJiI?WI,'UHfHII;I'IJimi aarnal fixed day Tuesday VESSEL VOY LEM FXT HAM ANR HFA SIN MING STAR ABOIE SID SIO SID SLO SID 24/02 MALACCA 8R A80?f SID SLO SLO SID SID 03/03 MING SUN ABO3E SID SIO SIO SLD 24/02 10/03 MING
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      Page 28 Advertisements Column 3
      527 28 LINE AL Till *****36 PAXi 15M113 MUARA I LABUAN vissa vor ito eta vrssa vor m iu SfOtf MUARA SPOM UN 1 HtOVa VOH/4I 11/02 21/02 L «OSFB VOSI/44 11/02 22/02 APMGUNY VOSC/9J 22/02 25/02 APtlOfltr VOSI/44 22/02 24/02 I HtOSIW Vo4t/W 27/02 02/03 VOtf/M 27/02 03/03 Afwaorr VOM/W 04/03
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      1219 29 vessel voy sin bkk pou pko pew blw sur BA bik ~1 IRAN GMEYAMAT PJL-1272 12/02 20/02 EIBE OLDENDORFF PJL-1277 15/02 23/02 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN ft CIS COUNTRIES I.E. AZARBAIJAN. ARMENIA, KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN, KIRGISTAN, TAOZHIKISTAN ft GEORGIA VIA B. ABBAS. BIK AGENT IN SINGAPORE
      1,219 words
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      Page 29 Advertisements Column 2
      1714 29 CARGO TO/FROM 1 SHEKOU HUANGPU WEEKLY DIRECT SAIIING j SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL: 226 1900 FAX: *****04 OUTWARD (l/T) *****02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD lIZ-MMSHOG SAUS/BXGS 420S<4i/43 INWARD DCPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CR NO **********00 TOWIR TWO (06M09) COWVtNTIOWAi 4205R50/S5
      1,714 words
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      Page 29 Advertisements Column 3
      590 29 t-in EASTERN CAR UNER, LlD.'^t'SS.t" Ifc I ta (SINGAPORE) HI ITP SKS3L SPECIALIZE IN ROttO A HEAVY UR UPTO 122 TOWS 1 ECL (SM6APOKE) PTE UD LOADING FOR CALCiSJA/MAWAS PORT KLANG/BONTANG MV WHITE FLORES V.6 M V "ORIENT ULAC" V.lO ETA SN 16/02/98 /n nA 22/02/9# EU SBM 19/02/98 ETA
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      1395 30 EUROPE/UK/SCANDINAVIA/FINLANO/RUSSIA SGP ROM ANW HBG THP ZEE LNV LHV THP RDM ANW HBG PHI SGP E. RENOWN RW-027 21/02 1 3/03 18/03 14/03 16/03 17/03 11/03 E. GROUP RE 057 29/01 21/01 36/01 01/02 24/02 25-02 E. DAINTY RW-004 28,02 2403 25/03 21/03 23/03 24,03 25/03 E GLAMOUR RE 054
      1,395 words
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      Page 30 Advertisements Column 2
      940 30 \mjkm mac-nels S'pore M'SiA Carrier: MN CONTR LINES, INC l~J\y V*J 1*0«*000« SteU: (084) *****9 MANILA: (632) *****61 PENANQ: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P KELANQ: (03) *****77 JKT: (21) *****07 MDN: (61) *****3 KUCHING (062) *****1-3 MANILA GENOA/BARCELONA MV "UNI SUPERB" V.*****N MV "NORA SI A
      940 words
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      Page 30 Advertisements Column 3
      432 30 Pfa. NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessu 1 VOT six I rtu i tHJB I err I i/iat HAMUI VEWiIS 02SS 22/0? 02/03 06/03 09/03 GOUXMDUGON 003S 01/03 11/03 15/03 19/03 mrai wwass 020s 0»/03 23/03 77/03 NAMttlQUffl) 024S 17/03 2S/03 79/03 02/04 OS/04 GAMIA HUM
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      589 31 BSA x mm MYANMA ISBBk FIVE STAR LINE (MyanMor National Lino) Loading for Yangon (Rangoon) VESSEI VOY SIN PKG PEN PGU HPA-AN 242W SID MERGUI 142 IN PT MALAYSIA AGENTS: OOUSTEAD SHIPPING AGENCIES KUL m 01-03-*****00 PKL HI 02-03-*****01 PEN: TEI 02-04-*****02 PGO: TEL 02-07-*****21/4 BANK LINE (A strvlct of
      589 words
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      1292 31 A HYUNDAI MERCHANT MARINE CO. LIP. ivtssa wr j3T soul uh ktm i ant i ham wvTron imsa w|som|iih|rtm|aiit|ham|orv|feilßl| ACAPUCO 301W 19/07 09/03 14/03 11/01 12/0) HY COMMOOORi 310 C 29/0! 05/01 03/02 02/02 01/02 03/02 23/02 LA LOIRE 303W 20/02 13/03 14/03 01/03 10/03 10/03 10/03 TTM 3031 04/02
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      Page 31 Advertisements Column 3
      949 31 nofwegon specialized outocorncs gMfmgsutss* G)©§@(s TO NORTH AND LATIN AMERICA IVISSfI VOT RAMP HEIGHT SIN LAX CRI NUA SAV lAL ORF NYC NEW MO« TAIKO F«O5 400 Tom ~6JM 2«702" 28/03 05/04 08/04 10/04 12/04 13/04 14/04 l?¥"WoT TOURGOING FBO6 400 Tom 6.3 M IS/03 10/04 19/04 22/04 24/04 26/04
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      855 32 BANQKOK/LAKM CHABANQ JAKARTA/PANJANO VESSEL VOY SIN BKK LCH VESSEL VOV SIN JKT PJN XETHA BHUM 226N8 In Pt 22/02 MATHU BHUM ***** In Pt 21/02 YANTRA BHUM 228N 21/02 2S/02 MATHU BHUM 358S In Pt 21/02 ANAN3HUM- 93N 22/02 25/02 28/02 GURU BHUM* 60S 21/02 24/02 KIT! BHUM 42N 22/02
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      Page 32 Advertisements Column 2
      122 32 GEMARTRANS Z, 9m W*~ UUmUM 41N JJ.97 J6 07 OUAN nw 75/07 21/07 VAN XUAN I SO SI 27/07 07/01 NAU (SUNG 01 AIOW 71/07 03/03 UU (HUM 4» 01/01 05/0J 2aAIUNQB/WEEKTOHA*>HONQ~ as a |gu UMB mt 11/w »i/w 2 SAJLINOS/WEEKLY TO DANANQ AND QUINMON WIIKIT IQ SKVKI TO HON
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      Page 32 Advertisements Column 3
      399 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD. SINGAPORE 0206 TEL *****68 FAX *****64 TLX: R*****6 SINMER CR No: **********0W Receiving Cargo at PTI Blntulu Muiri I vtssti m m |jy mm mm «w IMm WKW 2374/W 01/03 »»<*« VWMf 73?V02 01/03 IStm mO4( 71 01/03 04/03 M tori YWO4f
      399 words
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      Page 32 Advertisements Column 4
      564 32 M ACCORD Mm SHIPPING PTE LTD TCI! *****15 (40 Unas) FAX *****30 po* f KLAMG (03) J47 1001 B m DMECT ACCESS TEL *****55 (EXPOtT BOOKING) mII GUDAMC (OT) 151 1377 *****34 (EXPORT DOC), *****39 (IMPORT) roJT SSIJ2 —URIsHTTP://WWW.ACCORD.COM.SG JAXAITA (11)640 0770 H>KT ITA SIN POtT ITA SIN POtT ETA
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      387 33 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEiyß-COWTAIfffiRtSED SERVICE ~VSI VOY S PORE A OAM/R DAM IH lURG I SREMEN I ANTWERP A VESSEL «wi[_?vag_ 27/3 1/4 OMIT 5/4 TO AUSTRALIA FULL CONTMNER SERVICE IvOY W8 SM FRi| m« Ino mei I hsa I m hkl P*o NHJUOYD MWSAME VIES IM2
      387 words
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      Page 33 Advertisements Column 2
      1151 33 ADVANCE CONTAINER LINES (PTE) LTD yV 140 Cadi Street #12-00, PIL Building, Singapore *****0 LiZ TEL: *****21, FAX: *****18, TELEX :RS ***** ACLPL ————CR NO. **********0E OPERATIONS: *****60/*****05 BANGKOK T JAKAMTA (Wwttfy 5 Slgt PAT/2 Slfl» LOVI Stg BMT) (S Sslllm«/W»«4) vusa VOY SM BKK VISSa VQT «■<'"""] JKT ANAM
      1,151 words
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      Page 33 Advertisements Column 3
      889 33 |S|^|g|§§§l§H VESSELS VOY M" JED I MLA LEH HAM THP RTW JCT~~] VM-LE OE AMTARES L24W 23M8 04/03 OMH 14/03 16/03 17/03 ~6/03 —IMB VNXE DC VIRGO S24W 03MB 11/03 IMB 21/03 23/03 24/03 25/03 20/03 VU£ OE NORMA N24W IMB IMB 24/03 2MB 31/03 02/04 <&04 03/04 V-LEOEGEMHA |H24W
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      53 36 To retrieve more schedules, just follow these simple steps... Stepyy he document §\y xu x be faxed M toyou Press 1 j' Select the port I your Step key in the four number digit code Key in your Example: L, fax number To NEW YORK (NYC) 2275 for calls within
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  • Page 39 Miscellaneous
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      Page 39 Miscellaneous Column 1
      132 39 M' M J\ 7T7TT— LEGEND R Thunderstorm Temperature c A\ A Weother _,X Wind direction with speed m knots Roin Vy Cloudy Sky Wove h Surfoce winds ore indicated by arrows which fly with the wind 0 One full circle represents calm or light ond variable wmds One holf fleche
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      66 40 MV "PACIFIC EAGLE" VOY 17 ARRIVED 14 FEBRUARY 1998 MV "APOLLO TIGA" VOY 1 ARRIVED IS FEBRUARY 1998 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 20 February 1998 0900-1200 hours at PT9 No further survey will
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