The Business Times, 24 February 1998

Total Pages: 40
1 40 The Business Times
  • 13 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, FEBRUARY 24, 1998
    13 words
  • 69 1 Osm ISSLH (+6.12) n it-SU ifl N&26 (-10.67) n ROD Mi 137XM (-1.19) IT MBA 833.79 6.17) El HBRM Ka mwßi wnr miwuti—co Monday cbAO^K KLSEOOMP 7t$M -IM mm mm# -«4C7* HANG SEW MUHU1 SET INDEX SSIJS -Ol JAKARTA COUP MM *t8t MANILA COUP —tlKJt »J1 TAIPEI WP!
    69 words
  • 78 1 mdlilllll. USS 1JH t uns tm DM 9M9 Mil YEN IN 1778 1291 MS 02S0 0.432 HKS 8.125 9114 BAirr %m un RLTIAH IN OJII M18 Interbank rata PUME BATES SINGAPORE* 7JS KUALA LUMPUR. W.46 JAKARTA 2LM BANGKOK 1U* MANILA 21M HONGKONG IMS TAIPEI 8Jt SYDNEY *45 TOKYO 1M
    78 words
  • 475 1  -  Developer will refund the difference for two years if rates go any higher Diana Oon [SINGAPORE] Far East Organization has come up with yet another market initiative it now promises to cap buyers' mortgage rates at 7.25 per cent for two
    475 words
  • 485 1  -  But fall disclosure from Big Four appears unlikely yet By\ Siow Li Sen (SINGAPORE) The Big Four banks said yesterday that they will reveal their regional loan exposure in greater detail and provide more information on provisions for doubtful loans in
    485 words
  • 334 1  -  By Kenneth James [SINGAPORE) Microsoft chairman and CEO Bill Gates will make a "major announcement" related to Singapore One, the nationwide high speed multimedia network, when he comes to town next month, Microsoft Singapore MD Saw Ken Wye said yesterday. Mr Saw
    334 words
  • 428 1  -  Japan free to decide on fiscal stimulus, approach to crisis: BOE deputy Fnrn, Anthony Rowley in Tokyo AMID growing signs of Japanese resentment at what government ministers see as attempts by some G-7 nations to dictate economic policy to Tokyo, a
    Source: Bloomberg  -  428 words
  • 479 1  -  tYom S N Vasuki in Jakarta THE Indonesian rupiah tumbled 4.8 per cent to 9,350 rupiah against the greenback yesterday on remarks by finance minister Mar'ie Muhammad which suggested that any currency system of fixed exchange rate would not be introduced
    AFP  -  479 words
  • Page 1 Advertisements
    • 119 1 Kn-q> to the Mpt The Singapore government is unlikely to cut the corporate tax rate by more than one percentage point tyt analysts say, Pf 2 The Property Column Is Quek Leng Chan selling his stake in First Capital? Is MCL Land up for grabs? P|4 It's rarity bad Fires
      119 words
    • 128 1 fw rw No other ATM Card takes you to the World Cup, Only OUB can H w^S^fwTGlobal Purchase. Global ATM. OUB Global Auto Cash. Only OUB can give you the largest global access to your account. And now when you use your OUB Global Auto Cash Card overseas, you can
      128 words
    • 16 1 Editorial: Is only Japan to blame? Pg 12 Anwar urges commitment to freer trade, Pg 6
      16 words

  • SINGAPORE AT HOME & ABROAD
    • 582 2  -  RUN-UP TO THE BUDGET Larger drop could trigger anti-tax haven rules for some foreign firms here By* Audrey Tan THE government is unlikely to cut the corporate tax rate by more than one percentage point, tax analysts say,
      582 words
    • 308 2  -  EYE ON THE ECONOMY Inflation By' Jenny Lam SINGAPORE'S inflation rate dipped for a third month in January to 1.2 per cent, down from a high of 2.5 per cent in October and September last year. The modest rise in consumer prices was due
      Source: Dept of Statistics  -  308 words
    • 606 2  -  Aging aerospace Upgrades to be developed in-hoase with Mindef help Reports by David Boey SINGAPORE Technologies Aerospace combat aircraft design teams will soon be able to give new generation fighters a more lethal punch through upgrades developed in-house with the help
      606 words
    • 370 2 Group gearing up to expand defence exports globally SINGAPORE'S largest engi neering group is fast gaining recognition as a world leader in the technological niche of weapons upgrades. Staffed by 7.5(H) people, about one-third of whom are engineers, ST Engineering (STE) packs a vast
      Source: Defence Technology Group  -  370 words
    • 122 2 DETAILS of Singapore's 1997 economic results will be released tomorrow, the Ministry of Trade and Industry said yesterday. In his New Year day message, Prime Minister Goh Chok Tong announced that the economy grew 7.6 per cent last year. The ministry's economic survey report fleshes
      122 words
    • 344 2  -  Also easier now to persuade local top execs to change jobs tiy Frances Lui WITH the regional economic slowdown and the spate of mergers and acquisitions, the trend of Singaporeans taking over the helm from expatriate managers has speeded up. say executive search
      344 words
    • 223 2  -  LtTITEKS TO THE EDITOR Sue Gan director of sales Sheraton Towers Singapore YOUR report "STB effort to woo visitors sparks price war among hotels" (Feb 19) is misleading. Sheraton Towers Singapore would like to highlight two very pertinent facts: 1. The hotel's room rate of
      223 words
    • 69 2  -  Michael Lim Choo San managing partner Price Waterhouse I REFER to your Saturday article headed "Auditors step into regional exposure issue", and in particular to your comment that "Price Waterhouse is understood to have coordinated discussions on behalf of the accountants with the MAS I wish
      69 words
  • Page 2 Advertisements
    • 117 2 We 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 Full nominee, management, corporate secretarial and professional administration services arc available. We specialise in offshore trusts, offshore banks, and captive insurance companies for
      117 words
    • 10 2 Tomorrow: Singapore Technologies Electronics More reports on Shipping Times P#l6
      10 words

  • Page 3 Advertisements
    • 438 3 j BREITLING MM CHttONOLINER M Typical of Chronoliner chronographs, the The two men will fly in a revolutionary rider-tab bezel was designed in the early 1980s and unsinkable capsule made of when Breitling developed the Frecce Tricolori kevlar and fiberglass. It is designed to allow flying team's new Chronomat wrist
      438 words

  • FOCUS: PROPERTY
    • 829 4  -  THE PROPERTY columiv Talk Is Quek Long Chan's mulling sale of his 67% stake In company Lee Han Shih IN the last few months, most of the news on listed First Capital Corporation has been that it is trying to sell something condominiums, leasehold
      829 words
    • 406 4 Another key player sees turnaround soon but analysts see further declines SCMP ANOTHER key developer has joined Hongkong's most prom inent property players in declaring the property correction is almost over. New World Development managing director Henry Cheng Kar-shun said last week residential property prices
      SCMP; FILE PHOTO  -  406 words
  • Page 4 Advertisements
    • 154 4 NEW OFFICES FOR LEASE |R ANSON HOUSE ||j^ Triple Height Foyer J Spacious 3.4 metre floor to ceiling floor height 1111 l Individual Floor Air Handling Units. I 1111 l Column Free Office Space ■1111 l J Most Advanced Raised Flooring System Emergency Standby Generator -gl| Efficient Floor Layout iltkllVHMJ
      154 words
    • 31 4 The Straits Times CLASSIFIED Where buyers and sellers meet Find someone to flx your T.V. f.J> Ut\ r CATS. Catch wkit'i KIWI il ha't lain it it Sat4«y Classified this itikiii
      31 words
    • 393 4 INDUSTRIAL PROPERTY FOR SALE I CENTRAL I I LOCATION 1 Built-in 360,000 sq ft Land area 230,000 sq ft Tenure Balance 33 years No ground rent payable 3 mins walk to MRT Within established housing estate Main road frontage Suitable for light/high-tech industries Sale lease back or vacant possession For
      393 words

  • FOCUS
    • 1312 5  -  All aspects of the latest meeting between Mr Goh and Dr Mahathir indicate improved relations and understanding of mutual sensitivities, long-term interests By' Yang Razali Kassim The writer is BT's regional analysis editor [SINGAPORE] SO near and yet so far. That is how
      FILE PHOTO  -  1,312 words
  • Page 5 Advertisements
    • 148 5 This game calls for steady, consistent and precise play, with accurate shots that are THE brilliantly controlled and executed; putts that win championships have their role too. KULLa masters Over the years. The Rolex Masters has *19 9 8* always provided all of the above abundantly. Excitement and frustration have
      148 words

  • MARKETS IN TURMOIL
    • 387 6 Washington seeks clarification on currency board plan after conflicting reports Bloomberg [LONDON] The Clinton administration will send a special envoy to Indonesia in the coming days to meet with President Suharto, US Treasury Secretary Robert Rubin said. Mr Rubin also said
      Bloomberg  -  387 words
    • 45 6 [JAKARTA] Traders working at the Jakarta stock exchange as one of them takes a rest. Stocks gained 2 per cent yesterday. The rupiah fell against the US doUar early yesterday, leading to buying in some telecom stocks. REUTERS
      REUTERS  -  45 words
    • 434 6 Third 'letter of intent' allows for rise in inflation AFP, Reuters [BANGKOK] Thailand's third "letter of intent'' agreed with a visiting International Monetary Fund team will contain softer budgetary requirements and room for an expec ted rise in inflation, a Finance Ministry official
      AFP,; Reuters  -  434 words
    • 277 6 Bernama (KUALA LUMPUR] Group of Seven (G-7) countries should be more committed to liberalising trading practices with the region in line with their policy pronouncements, said Malaysia's Deputy Prime Minister Anwar Ibrahim yesterday. "I don't think it is proper to single
      Bernama  -  277 words
    • 291 6 Private creditors should be involved in arrangements to end Asian wing Reuters [FRANKFURTJ Support from the International Monetary Fund for countries in Asia is not a long-term solution to the region's financial crisis, Bundesbank President Hans Tietmeyer was quoted as saying yesterday.
      Reuters  -  291 words
    • 291 6 AFP [MANILA] The Philippines will exit from more than 35 years of International Monetary Fund tutelage on March 30 but expects to seal a US$l.6 billion (552.6 billion) "precautionary arrangement" with the IMF. officials said yesterday. The arrangement will start from
      AFP  -  291 words
  • Page 6 Advertisements
    • 93 6 Online, Multi-Currency, Ready to Use, Packaged Accounting Software v 0 Sales Orders jV 0 Delivery Orders 0 Sales Invoicing 0 General Ledger 0 Accounts Receivable 0 Purchase Orders A 0 Graphs Ratios >»-, 0 Accounts Payables wj&lSfe' 0 Stocks 0 Sales Analysis 0 M.I.S. Reports, g 0 GS T. Returns
      93 words
    • 33 6 \f Ml s itt'J* IS 96 it* i+ ttJift r> naws 1 1 JHm TaQyK/ Iff tl tvmwr Catch what's news in ItW"! S^jA^ r Oo't nitt it ia y Sanday Classified this
      33 words
    • 27 6 ld=H=H If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. t Another Classified Service
      27 words

  • SOUTH-EAST ASIA
    • 364 7 SYDNEY Muslim leader gives president a year to solve problems Reuters A PROMINENT Indonesian Muslim leader said he will steer a people's movement against President Suharto if he fails to solve the country's economic crisis within a year, an Australian newspaper said yesterday.
      Reuters; FILE PHOTO  -  364 words
    • 153 7 ■JAKARTA AFP JAKARTA city government officials have been told to wear T-shirts and other casual clothes when they leave their offices amid fears they could be attacked as violent unrest spreads, a report said yesterday. "There is no direct instruction from the governor." city
      AFP  -  153 words
    • 400 7  -  BANGKOK Govt unveils projected 7% rise, but analysts had hoped for 10% By Harish Mehta THAILAND yesterday unveiled its foreign trade targets for this year, setting its sights on a lower than expected growth in exports that disappointed analysts. According to the government spokesman's
      400 words
    • 366 7 JAKARTA Head of fire-fighting programme expects situation to worsen AFP, Reuters KIRKS raging in the Indonesian province of Kast Kalimantan are too big and widespread to contain and the situation will only worsen as a prolonged drought drags on, the head of
      AFP,; Reuters  -  366 words
    • 268 7 BANGKOK AFP SKNATE speaker Meechai Ruchuphan is confident Thailand's new bankruptcy bill, hailed as a breakthrough for the stricken economy, will become law next month, a local newspaper reported yesterday. The bill has been approved by the Lower House and
      AFP  -  268 words
  • Page 7 Advertisements
    • 157 7 M a ke yOlir For visitors to Singapore, the trip is not quite complete without a visit stopover to Singa Inn Seafood Restaurant. 2+ An idyllic setting by the sea with attap-thatched huts, Singa Inn Singa Inn! whips up a delectable selection of live seafood nightly; from spicy chilli crab
      157 words
    • 133 7 ra pf«f y 4 j j^apww 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. Wm! fc v Choose from 26 Meeting
      133 words

  • CHINA-HONGKONG-TAIWAN
    • 373 8 HONGKONG Rating agpncy making up for failing to predict Mexican crisis Nobel laureate Reuters NOBEL laureate Lawrence Klein said yesterday that Moody's downgrading of Hongkong's financial ratings might have stemmed from "excessive vigilance" after it failed to warn the world of the
      Reuters  -  373 words
    • 117 8 TAIPEI Reuters TAIWAN'S Vice-President yesterday began another defiant journey to countries that recognise rival communist China, but the trip was shrouded in secrecy for fear of interference by Beijing. Lien Chan left aboard a commercial flight bound for Thailand to meet a connecting
      Reuters  -  117 words
    • 302 8 HONGKONG Cathay Pacific's Jan revenues 15% below target Bloomberg HONGKONG tourist arrivals plunged almost 25 per cent in January as hotels, retailers and the city's main airline. Cathay Pacific, kicked off what is likely to be their worst year in more than a
      Bloomberg  -  302 words
    • 164 8 BEIJING AFP CHINA'S most influential think-tank has urged the government to press ahead with financial reforms needed to free up state control over lending policy, the China Daily said yesterday. "Government institutions must lift restrictions on the financial operations of banks and non-banking financial institutions,"
      AFP  -  164 words
    • 594 8  -  LETTER FROM HOMOKOMO Tsang's friendly budget defuses resentment By Loh Hui Yin DONALD Tsang has every reason to beam. Basking in the glory of his budget, his popularity with Hongkongers has soared to 86 per cent this past week, from 73 per cent at
      594 words
  • Page 8 Advertisements
    • 142 8 ff I ff% I We are proud to launch our new logo in I IIOUU celebration of 15 years in Singapore. With our new logo, we wish to emphasize our commitment to provide better service p to our customers and business partners in IQ vGIGbrQIG uture et us irst ste
      142 words
    • 209 8 NOEL CORPORATE BUILDING 50 Kallang Avenue Singapore *****5 JBBB SMIHI v n fl A k,* lllA 111 l a«i^H Ay (v/(\ *""*rfi[ Good corporate image In Business Park J I Environment. y //•Wv tKV Brand new modern light industrial building with V\ warehousing factory office space available /fck y'y X
      209 words

  • Page 9 Advertisements
    • 65 9 tK j|^r rj r fc? V fl V Jj |H| B t j ■fc-7 t( W jKg E. HHflk. £m-AJ& Sl> T v it f^H was a year "> remarkable fe j." flSa >- rf Orders Francs more than a f r r r '.jD more than for Bf than
      65 words

  • ASIA
    • 336 10 ALLAHABAD, India Reuters, AFP AN Indian court yesterday ordered the restoration of a dismissed Hindu nationalist government in the key northern state of Uttar Pradesh. The high court in Allahabad city reversed Saturday's shock dismissal of Bharatiya Janata Party (BJP) chief minister Kalyan
      Reuters,; AFP  -  336 words
    • 908 10 AUCKLAND Some use generators while others send staff abroad in one-week wait for electricity Bloomberg Reuters. AFP THE commercial centre of Auckland, New Zealand's largest city, was brought to a halt after its electricity supply failed and the local power company
      Bloomberg; Reuters.; AFP  -  908 words
    • 248 10 SEOUL But choice of Kim Jong Pil faces veto from opposition party AFP [SKOULJ South Korean presi-dent-elect Kim Dae Jung yesterday named a conservative political ally as prime minister and a pro-democracy crusader to head a corruption watchdog agency. The selection of
      AFP  -  248 words
    • 356 10 SEOUL Reuters [SEOUL] South Korea's prosecution yesterday cleared pres-ident-elect Kim Dae Jung of allegations that he had received bribes from businesses and stashed the money in illegal bank accounts. The prosecution announced its findings after concluding an investigation into the slush fund scandal.
      Reuters  -  356 words
    • 275 10 SYDNEY SungeiWay group is Aussie university's joint venture partner AFP (SYDNEY) Melbourne's Monash University has accepted an invitation from the Malaysian government to become the first foreign university to set up a full campus in the country, university officials said yesterday. The
      AFP  -  275 words
  • Page 10 Advertisements
    • 213 10 More seminar for your dollar! Choose the Plaza Hotel for your full or half day seminar and you'll #<-*1 amazingly good value It's our 30th Anniversary so from March-October '98 our superb service includes more snai k items for the tea breaks and free flow of soft drinks during lunch
      213 words
    • 51 10 Let us drive you forward faster. If you are looking for a set of wheels, turn to the Vehicles Section in the Classified. Whatever your choice, it's all there in Classifications 300 to 399 sorted according to the various makes, to help you speed up your search. VH N 1
      51 words

  • THE WORLD
    • 823 11 WASHINGTON Saddam agrees to fall unfettered access for weapons inspectors: Blair's office Reuters US President Bill Clinton said yesterday that he had spoken to UN Secretary-General Kofi Annan and British Prime Minister Tony Blair about the agreement that Mr Annan has nade with Iraq
      Reuters; AFP  -  823 words
    • 352 11 WASHINGTON It warns of review of self-regulation amid planned mergers FT THE Securities and Exchange Commission has warned that it might have to reconsider the system of self-reguiation by US auditors in the light of mergers planned by several of the Big Six accounting firms.
      FT  -  352 words
    • 263 11 PARIS AFP FRENCH Finance Minister Dominique Strauss-Kahn has predicted that 200,000 new jobs will be created in France's pri vate sector in 1998, with anoth er 150,000 in the public sector from the Socialist govern ment's job creation plan for young people.
      AFP  -  263 words
    • 346 11 FRANKFURT Govt seen wanting to keep borrowing costs low to aid investment Bloomberg THE head of the Bundesbank said yesterday he hopes the rally that is taking German bond yields to record lows won't run out of steam, a signal the
      Bloomberg  -  346 words
    • 293 11 LONDON Reuters THE British economy grew more slowly than first thought in the final quarter of last year, slipping below trend for the first time in some 18 months. The Office for National Statistics said gross domestic product (GDP) grew by
      Reuters  -  293 words
    • 336 11 LONDON Reuters THE company that helped to clone Dolly the sheep said yesterday that it had also cloned a calf. "Mr Jefferson", a healthy 44.5 kg Holstein breed, was born in Virginia on Feb 16. said PPL Therapeutics chief Julian
      Reuters  -  336 words
  • Page 11 Advertisements
    • 510 11 FIRST COMMERCIAL BANK (Incorporated w«h limited Rabiity in Taipei. Taiwan. ROC) BOARD OF DIRECTORS Chairman of fie Board TiervLr Huana Managing Directors An-Oyr Chan. Yau-Fong Wu, Yun-Ching Chan, Feng-SNh Chang Directors Chwn-Chung Tseng. Ching-Sing Lee. SY. Uu. Fu-Po Hsiao. Chang-Uan Uu. to-Lian Chan. Yen Tai. Jan-Chun Hsu BALANCE SHEET For
      510 words
    • 37 11 Parkway Parade 1,592.48 sf 3,184.96 sf Tung Centre 1,566.00 sf A-Z Building 1,701 sf 7,739 sf Paya Lebar Road 13,508.82 sf-15,435.58 sf For details, please contact owner: Tel: 437 6817 437 6853 534 3132 Fax: 532 6197
      37 words

  • EDITORIAL & OPINION
    • 820 12  -  THE BOTTOM LIVE OPINION By Vikram Khanna The writer is BT's regional economics editor BACK in 1988, as a relatively green IMF staffer, I attended a conference in Chicago. I found myself seated next to an Argentine academic and I struck up a conversation with
      820 words
    • 93 12 The best of all possible worlds continues to get better.' Robert Dederick an economic consultant, after US producer prices registered their biggest drop in four-and-a-half years in January and builders continued to break ground on new housing at a rapid pace, signs that the US economy is
      93 words
    • 651 12 EDITORIAL IT is a pity the Group of Seven finance ministers proved themselves incapable of more than just playing a "blame game" directed at Japan and, to some extent, at the rest of Asia at their weekend meeting in London. Any hopes of meaningful initiatives
      651 words
    • 1078 12  -  Black-controlled firms do well from govt deals and orders from a rising Mnefc middle By; Neil Behrmann The writer, BT's London correspondent, visited South Africa recently FOUR years after the African National Congress (ANC) came into power. South Africa is struggling to make headway in its
      FILE PHOTO  -  1,078 words
    • 901 12 Qtetflns Lit tb# public jDdfi SHOULD the British gov ernment have cashiered the Duke of Wellington on the eve of the Battle of Waterloo be cause he had a mistress? The duke thought the public would support him if it came to that. When the mistress
      901 words
  • Page 12 Miscellaneous

  • Page 13 Advertisements
    • 243 13 Where to wine, dine and entertain... *»»w»» 'H '^hhrhhihhh^Hß Kttp:// www.ana-kotels.com Not just seafood eitlier. isit our liome pa£e and you can order tonight s dinner from our cy!>er selection. Browse tlirou gh the menu, leave us your order and it'll he ready to pick up before you can say
      243 words
    • 185 13 Now 11 4 J 9 THE HEEREN in Orchard JL./. yiu//ien/ic ~Jf/a/ Cuntne jj/ The Busmra Time* mdm if Just present this ad to enjoy 15% discount At THE HEEREN nitlet only TW H Offer vabd till 31 March 98. JEgfcf* For iHcwrtoM, call 736-1998 y i 4 j fennonmrass
      185 words
    • 167 13 lu/ncy Ih/ker's dozen? I hi// try freshly (]afe Vienna Bakeshop Sink your teeth into our famous Bait/run Lot/f. or tuck to some Walnut Bread, served u /th a delectable spread of cakes. pastries and tea. RQWNt PLA/A siNOMOit b'*mtoiy H-iu/ li'JtJLt} Imm < r<« «r Pl-s jy \tmih RmaJ. Simxafn+t■
      167 words
    • 236 13 Buy It. Sell It. Find It. Classified. CATS. Call Today For Results Tomorrow. 1800-*****66 Savour tantalising set-dishes from BBQ Ribs, Mushroom lasagna, seafood platter, Italian Genoa-baguette to Nvonva laksa, seafood hor-fun, chicken prawn clavpot and fried vegetarian platter and complimented with soup, salad and more at the Cafe Victoria fnw
      236 words
    • 182 13 im l j i ENJOY 25% SAVINGS I ON YOUR i 2ND DRINK ONWARDS j j AT THE MEZZANINE CAFE BAR THIS MONTH Join us in our 25th Anniversary Celebrations j Tiger »m Mezzarre S| lAwthnn UU Singapore .W Ottlunl Rtvid. Singapore *****" Tel: 831 6286 12 Feb to 30
      182 words
  • Page 13 Miscellaneous
    • 797 13 TV&RADIO Premiere 12 8 00 Under One Roof (r). 3.00 GDIS. 8.30 Shiver The Black (Last 4.00 ChinnaChinna Aasaifr). r] n nn °Mf ,OnS e P> 4.30 Chinna Kuyili (r). ETT^I "=ZD ™X® .w' w 9,30 Team Knight Rider 5.00 AkkamFakkam(r). ,i Pf^ te r S Jbf Skyone. 5.30 Iniyavai
      797 words
    • 161 13 CRYPTIC CROSSWORD 13 Replaced hot, coarse fcxHl on to pjJv 21 Kxtremely clever somewhat f?5 I I I in part (H) ——I—J—I—l— 2T> Animal, if here. must be re moved «>) c w ,h ,h P™*' YESTERDAY'S SOLUTION 2t» It is boring to dress a number Hf,herishthehoanJ(B) |siejA|w|A|wioisMslc|Aiß|Efs| of |M>opli>
      161 words

  • EXECUTIVE LIFESTYLE
    • 793 14  -  Pulai Springs falls from grace while Legends catapults to No 1, writes micklaus d'cruz NICKLAUS D'CRUZ The writer is the editor of the Asian Golf Review Here it is, our list of the top 10 golf courses in Johor. This ranking, done for
      793 words
    • 548 14  -  BTSOCIALCLUBS INDEX Cricket Club's discount has drawn only 100 of the 1,000 new members sought Ven Sreenivasan MEMBERSHIP prices of social and recreational clubs have gone the way of other asset prices, judging by the January BT Social Clubs Index. The seven-club index
      Compiled by BT  -  548 words
  • Page 14 Advertisements
    • 160 14 ife n 'vN\\; J l T f V v %Mrf '3L 4^> wffifr N >■*>-•■ «,£<*•* A I% t j i -fc Ww& j? f •>•'• *V\ iE&Br •< rV%<V-- J -i J ''V Are you making the most of all your strengths? >1 iit*>ws' <■«/>&?■.■'» --CSI-ti 'i T. a
      160 words

  • COMPANIES & MARKETS
    • 676 15  -  S'pore developer to get 22% stake in firm which is baying his assets for RM4O7m By. Ang Wan May [SINGAPORE) Singapore developer Eric Tan. dubbed the "King of Geylang" for his wide interests in the area, is taking control
      CHRIS LOH  -  676 words
    • 396 15  -  It doses at $2.65, or 85% higher than its issue price 5 mths ago By, Annette Pau [SINGAPORE] Local contract manufacturer Nat Steel Electronics (NEL) yesterday saw its shares hit a new year-high of $2.71 before settling to close at $2.65 for the
      396 words
    • 794 15  -  HOCK LOCK BIEW Quak Hiang Whai CYNICS would probably see it as the government's way of redeeming itself by com pensating Hongkongers for the high interest rate situation partly caused by the defence of the currency peg. But without doubt the biggest and
      794 words
    • 380 15  -  Ven Sreenivasan |SIN(iAIH)KK| Kuala Lumpur lislcd finance stocks saw a surge of activity yesterday amid speculation that the successful conclusion of the ongoing (Commerce Asset Hash id llussain negotiations could trigger more hank mergers. The 58-stock Kl. Finance index surged to
      380 words
    • 207 15 Bloomberg [SINGAPORE] Jurong Ship yard Ltd is expected to post a 24.8 per cent increase in 1997 profit to $39.64 million from $31.72 million a year earlier, according to a Bloomberg poll of five analysts. The ship and oil rig repair company is likely
      Bloomberg  -  207 words
    • COMPANIES
      • 675 16  -  Non-Asian business boosts results, which are in line with expectations From l Quak Hiang Whai in Hongkong BOOSTED mainly by strong growth in its non-Asian business. HSBC Holdings pic yesterday reported an 8 per cent jump in net profit to
        AFP  -  675 words
      • 290 16  -  /v Teh Hooi Ling (SINGAPORE] Singapore Telecom has signed an agreement with China Telecom (Hongkong) gqoup a substantial owner of Hongkong Telecom to explore and provide telecommunications services such as multimedia and other value-added services. The two companies will look into serving customers in
        290 words
      • 440 16 AFX-Asia [BANGKOK] Thai Danu Bank pic will see non-performing loans rise sharply in 1998. threatening to remove the positive gloss from a share which has outperformed the sector since the Development Bank of Singapore took a majority stake in it. analysts said. The
        AFX-Asia  -  440 words
      • 329 16 (TOKYO] Japanese retailer Saison Group's recent string of asset sell offs will give the group a lead over its competitors in restructuring its main retail operation, analysts said yesterday. Saison. owned by business tycoon Seiji Tsutsumi. has suffered losses in its
        329 words
      • 297 16  -  US firm to pay HK-based company USs7o.4m for stake Jennifer Lien (SINGAPORE] Homegrown computer distributor SiS International Holdings, nowheadquartered and listed in Hongkong, is selling 80 per cent of its computer distribution arm to the world's thirdlargest computer distributor. CHS Electronics,
        297 words
      • 553 16  -  Bat analysts say US markets may view issue favourably /•hurt Harish Mehta in lUimjkitk THAI debt instruments wore delivered yet another body blow over the weekend when Moody's Investors Service assigned junk bond status to a proposed US$lOO million bond
        553 words
      • COMPANY Briefs
        • 63 16 (SINGAPORE] Singapore Press Holdings' shares will be traded cum bonus until March 5. The cum-bonus period started on Feb 19. The ex-bonus period is from March 6-12. With effect from March 6, SPH Foreign shares will cease to be traded. They
          63 words
        • 92 16 [SINGAPORE] CM Telecom International yesterday said it was not aware of any reason for the unusual market movement in its company's shares, referring to the recent drop in its share price. In the same statement, the company said it is negotiating with
          92 words
        • 43 16 [SINGAPORE] Creative Technology said the US Patent and Trademark Office has granted it a patent for its Digital Sampling Instrument Cache Memory, an audio technology that enables wave-table synthesis to be efficiently and cost-effectively implemented on the PCI bus.
          43 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 452 17 Results a rebound from last year's As63m loss but pay TV, interest charges drag on profits Bloomberg [SYDNEY] Optus Communications Pty said it turned in a first-half trading profit of As4l million (5545.3 million), boosted by robust sales growth
        Bloomberg  -  452 words
      • 201 17 Bloomberg (TOKYO) Shares of Japanese retailer Jusco Co fell as much as 6 per cent yesterday after the company slashed its profit forecast because of weak demand at home and a decline in contributions from its Southeast Asian units. Jusco shares fell as much
        Bloomberg  -  201 words
      • 432 17 Bloomberg [SYDNEY] QBE Insurance Group Ltd. an Australian insurance company, said its indicated second-quarter profit slumped, dragged down by unrealised losses on its investments. Earnings for the three months ended Dec 31 fell to Asl.7 million (Ssl.9 million) from A 559.5 million. Earnings
        Bloomberg  -  432 words
      • 403 17 Bloomberg (JACKSON. Mississippi] World Com Inc president and chief executive Bernard fibbers' acquisition streak may not be over. He may be interested in a wireless company. "In the future, we'll look at hooking up with someone in wireless." Mr Ebbers said
        Bloomberg; FILE PHOTO  -  403 words
      • 294 17 Reuters [MELBOURNE] Upmarket apparel retailer Country Road Ltd said yesterday that difficult trading conditions meant it would report a trading loss of about As 2 million (552.2 million) for the six months to Jan 31,1998. "While sales improved during January it
        Reuters; FILE PHOTO  -  294 words
      • 363 17 Ansae recovery helps boost sales at supermarket chain Bloomberg [SYDNEY] Woolworths Ltd's first-half profits rose 18.6 per cent as Australia's economic recovery translated into earnings gains for the nation's largest supermarket chain. Woolworths said yesterday that net earnings for the halfyear to Jan 11 were
        Bloomberg  -  363 words
      • 302 17 Bloomberg (ARNHEM, Netherlands] Akzo Nobel NV, the largest Dutch maker of chemicals and drugs, said fourth-quarter net income rose 24 per cent, in the middle range of expectations, as all businesses, particularly the pharmaceutical division, improved. Fourth-quarter net rose to
        Bloomberg  -  302 words
    • FINANCE & COMMODITIES
      • 426 18 US giant firmly set on acquisition to further growth, says head of global markets Bloomberg [SYDNEY] Merrill Lynch Co is on a worldwide search for further acquisitions to cement itself in the top ranks of global financial services companies. "We
        Bloomberg  -  426 words
      • 343 18  -  By I Soh Tiang Keng [SINGAPORE] Driven by strong economic performance, the volume of life insurance premiums in Asia will grow an average 9 per cent a year in the next seven years. This is the forecast of Swiss Reinsurance in a recent
        343 words
      • 170 18 Bloomberg [TAIPEI] First Commercial Bank, the fourth-largest bank in Taiwan, plans to invest a total of NTS2.6B billion (5J133.7 million) in four companies, getting into the securities business to fend off competitors. The bank said last week it will raise as much as NTS2S billion
        Bloomberg  -  170 words
      • 356 18 NYT [NEW YORK] Societe Gener ale. the big French bank, said on Sunday that it would pay US$54O million (SsBBo million) in cash to acquire Cowen Co, a New York investment bank that specialises in the health care, technology and communications
        NYT  -  356 words
      • 470 18 Morgan Stanley, Dean Witter set up Competitive Edge Fond a month ago Bloomberg [NEW YORK] The new Morgan Stanley Dean Witter Competitive Edge Fund has amassed an estimated US$l.2 billion (Ss2 billion) in assets in less than a month, people familiar with the fund
        Bloomberg  -  470 words
      • 234 18 Bloomberg (TOKYO) Yasuda Trust Banking Co plans to cut sala ries an average of 10 per cent and bonuses:«) per cent in the year starting April 1, pending approval by its labour union. Yasuda Trust. Japan's fourth largest trust bank in as sets,
        Bloomberg; Source: Bloomberg  -  234 words
      • 245 18 SSKEXlleport Reuters (SINGAPORE] Simex Kuroyen futures surged yesterday on growing indications Japan was not about to resort to fresh fiscal steps to stimulate its stalled economy. Comments by senior Japanese ofTiclals that the government had no plans for further stimulus steps spurred short covering
        Reuters  -  245 words
      • 172 18  -  MBCI TAIWAN FUTURES Charlie Kuo day. Charlie Kuo, Service Dealer, Refco S'pore Pie Ltd ISINGAPORK) The Simex MSCI Taiwan Stock Index fu tures contract rose 3J points to 377.8 yesterday. Buying Interest emerged when the February premium to cash was at parity. The
        172 words
      • 243 18 ENERGY REPORT Reuters [LONDON) World oil prices fell sharply yesterday to fresh 46-month lows after United Nations Secretary-General Kofi Annan clinched a deal with Iraq over weapons inspections. The accord struck with Iraqi leader Saddam Hussein appears to avert the threat of a military
        Reuters  -  243 words
      • 266 18 AFP, Reuters London DOLLAR/YEN was steady at mid-session in European trading yesterday, garnering support after Japan declined to promise new fiscal measures to stimulate domestic demand at the Group of Seven (G-7) meeting on Saturday. "And as we were expecting, the G-7 meeting produced nothing on currencies," said
        AFP,; Reuters  -  266 words
      • Article, Illustration
        1187 18 ITBRBA1IM OOSS EATBS Feb23 as cs ccw nr m ***%8»m vm mm mt tarn* Hm om< p—m ms> Austral* 0.948 1171 0.6M 4069 L2M 1163 26.*****304 0.857 H0T1 2362 LIU ***** 27.020 UN 3304 0903 ***** 30.052 0.407 0366 C«id< LOS SJ33 0.648 4.291 1280 5.445 Z7.SI8tt.704 0.803 1L676 2.702
        1,187 words
    • 1634 19 S1C0M FUTURES Feb 23 tUBMI (ftfwti do** atit JO**) tSS 1 CONTRACTS c»«tiA(U CIom VatWM Opaa Month Wqh Low Satt (taaaat) latarwt Mar 98 129.00 129X0 128.50 70 ITS Apr 98 132.00 1200 2925 May 98 135.00 1200 3975 Jan 98 137.00 3225 Jat/Sap 98 ***** 144.50 145.00
      1,634 words
    • 2316 19 Mntrtais FaftZJ hn 31 Cr«» 522 n *8 PwU 303 -7 AooeyHational 1266 35 A Hied Domecg 555 11 Amec 136 1 Aula Croup 204.400 £400 UTM 580.400 -4 BGP1C *****0 -5 BICC 132 3 BOC Croup 9» -19 BR P*troW«i> 805 -22 400 BTR *****0 1
      2,316 words
    • 1652 19 AFP □Nftka22s -***** JAPANESE share prices ended 0.9 per cent lower in lacklustre trading yesterday, pressured by profit-taking following the weekend Group of Seven (G-7) meeting, brokers said. Foreign investors were the main profittakers as the yen was sold in the foreign exchange market on the lack of Japan's
      AFP  -  1,652 words
    • Article, Illustration
      1716 20 AFP Q Hang Seng +85.42 HONGKONG share prices managed to gain 0.8 per cent yesterday despite profit-tak-ing after the market breached the 10,800-point level on expectations of good annual results from HSBC Holdings, dealers said. "The stock market is moving in a fairly tight trading range as share prices
      AFP  -  1,716 words
    • Article, Illustration
      708 20 AFP Fl Shenzhen B Index +0.12 THK Shenzhen B share market erased morning losses to close slightly higher yesterday in lacklustre trade as investors stayed out of the market on lack of incentives. The B Index edged up 0.12 point to 94.32 on turnover of HK$B.4 million. "The wait-and-see
      AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  708 words
    • 399 20 AFP QWP Index *58.19 STOCKS rose 0.6 per cent yesterday to the highest level this year on upbeat sentiment. Dealers said retail investors were confident over the mar ket's outlook. The TSE Weighted Prices Index rose 58.19 points to 9,147.00. Turnover was 4.1 billion shares worth NT5226.7 billion. Risers
      AFP  -  399 words
    • Article, Illustration
      749 20 AFP QOompoote Index +9-81 SHARES rose 2 per cent yesterday as the rupiah weak ened amid speculation about the timing of a possible currency peg. dealers said. "Foreigners are awaiting concrete news on the IMF," a dealer said, referring to the International Monetary Fund which has committed a US$4O
      AFP  -  749 words
    • Article, Illustration
      962 20 AFP n SET Index -0.01 SHARES closed marginally lower yesterday on profit-tak-ing in leading blue chips and ahead of an announcement on possible tax rises. Analysts said investors were also waiting to see if offl cial meetings in Iraq would lead to a resolution of the crisis or a
      AFP  -  962 words
    • 337 20 AFP n Manila -19.91 SHARES closed lower yesterday as foreigners shunned the market, analysts said. "There wasn't any buying enthusiasm. I didn't see any foreign buying," said a trader. The PSE Composite Index fell 19.91 points to 2,116.00. Turnover was 1.9 billion shares worth 1.1 billion pesos. Meralco A
      AFP  -  337 words
    • 459 20 AFP Q Composite Index ♦1421 STOCKS rose yesterday, with investors buoyed by an apparent resolution of the Gulf crisis and hopeful of market boosting measures by the new government, dealers said. They said a statement by the Group of Seven industrial ised countries on providing trade finance support to
      AFP  -  459 words
    • 618 20 AFP F1 AD Ordinaries ♦10.0 SHARES rose yesterday, with renewed buying support for telecommunications giant Telstra a bright point in an otherwise lacklustre trade. The All Ordinaries Index rose 10.0 points to 2.655.1. Turnover was 270.9 million shares worth AJ678.5 million. Instalment receipts in Telstra rose 10 cents to
      AFP  -  618 words
    • 259 20 Reuters n Wellington -2192 SHARE prices took a late dip yesterday in belated reaction to a morning warning from the central bank that monetary conditions were too loose, analysts said. The NZSE Top 40-share Index closed 23.92 off at 2,258.71 but volume remained light at NZ$46 million. Reuters MM
      Reuters  -  259 words
    • KUALA LUMPUR STOCK MARKET
      • 9139 21 MDUSTMALS 1998 Last r K Vo) Day N#t Ca# High Lw Company Sale OOP High Law P/l $mll 310 180 Ajlnomoto 260 -to 1 260 260 14.4 105.4 t48 73 Anghasa 120 -1 42 123 120 2 8 176.9 290 123 ApoMo Food Hlg 225 -1 12 225 222 6.5
        9,139 words
      • 561 21 AFX Asia P Composite Index -7.60 SHARE prices closed lower yesterday amid a lack of fresh local leads and continued uncertainties in Indonesia, analysts and dealers said. The KLSK Composite Index closed down 7.60 points at 720.46. The Emas Index fell 0.83
        AFX Asia  -  561 words
    • WARRANTS & OPTIONS
      • 3736 22 BONOS, LOANS i VARIANTS 1997/98 Last Val Day Lm« Ouot* A«q M|k Law Mm Cam# any s«i« «ar- COOO) NHK Lm B*yar SaMar Prtca 68 9 m 3000 m AMDB C5.5H*****6 17.5 *2.5 10 18 17.5 ITS 19 81 8 3160 A Acar ******1 US$ 15.5 -0.5 470 18 15.5
        3,736 words
      • 165 22  -  WARRANT WATCH By R Sivanithy AS WK said in the last column, in-the-money warrants an? rather hard to come by in this depressed market, so it's refreshing to find one in the Kuala Lumpur Stock Kxchange Petronas Dagangan As the name
        165 words
    • 2434 22 Transaction Date :Feb 23 MALAYSIAN STOCKS Of Of IM7/M L«* Va» Day Last Owto ON D* W M M Cap L— Stow Cim>»i COOO> L— Bwyr »a—r Cw Pit <78 28 mi 5000 AIS85QC 104 965 ni <02 104 <05 iO 3J IA 42 4 106.7 137 12.5
      2,434 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1818 23 TURNOVER OOO) VALUE ('000) Mate CIO T«tH Win CIO* T«M< Industrial 88,318 116.829 205.147 131.278 83.316 214.594 Flnanct 10,248 65.298 75,546 81.982 67.668 149.650 HOWS 768 3.461 4.229 1.419 1.677 3,096 Propaftlas 13,936 46,558 60,494 32.264 21.519 53.783 Plantation 8.062 8.062 8.037 8.037 MMna 1.668 1.668 1,433 1.433 Bl* 3,496
        1,818 words
      • 5953 23 Or Gr M Wt 1997/98 Last Vol Day List Ouot* D4v Otv ¥M Net Cap Avg High Low StNo Company Solo COOO) Mlgl> Low Buyer Seller CV H P/I $<nU Price INDUSTRIALS 157 18 5 o 1020 ACE Dynamic s60c. 38 -I 44 38 35 35 38 j,,
        5,953 words
      • 1242 23 1997/98 Lilt Vol Day Last Oucta Oly Oly VW Net Cap Ar« Mt 9" <-•« SIN* Company Sal* COOO» High Loo Buy or Sailor C»r P/E $mM Mcl SUMO 18ft 7* O /OOO inn HHgt V 104 101 lOfc JO ftO 01 IMO 4»r 107 o 2049 ASA<<IOIO< /to
        1,242 words
      • 229 24 Stacks Votaiw •RHB Cap Wt99 29.092.000 Easyknit HMOc 25,746.000 •Renong Bhd 50c 25,531,000 •M Resources 17.731,000 *MBf Capital 16,777,000 •Rekapacific Btl 16,588,000 •Berjaya Group 13,920,000 •101 Corp Wt 13,691,000 •Pub Bk Foreign 13,418,000 •RHB Cap Bhd 12.9U.000 Stacks DBS Foreign 28,673,788 SIA Foreign 27,145,887 OCBC Foreign 20,626,353 *M Resources 20,013,160
        229 words
      • Article, Illustration
        51 24  -  -by Ven Sreenivasan RHB CAPITAL closed eight cents higher yesterday at $1.50 on a turnover of 12.9 million shares. Although the counter is meeting some upside resistance at current levels, there is still more upside in the near term the buy signal is supported by the daily MACD
        51 words
      • 639 24  -  STOCK MARKET COMMENTARY UN-Iraq tensions, contra and forced selling especially among M'sian second liners help keep mood snbdued R Sivanithy ISINGAPORKI The local stock market yesterday lost some of its recent Impetus. with activity in most segments down considerably as institutional
        639 words
      • ON THE GRAPEVINE
        • 110 24 COMMENTING on Singapore's move to generate more buzz in the financial sector with measures to deregulate and liberalise the financial sector, one fund manager quipped: "The ultimate reform I look forward to is for them to let us take MAS officials out for lunch." He was referring to
          110 words
        • 112 24 YOU KNOW times are hard for bankers, brokers and analysts when the eateries at Boat Quay are not busy during lunchtime. A BT staffer who happened to be In the area during lunchtime yesterday was amazed at how easily his party of five managed to
          112 words
        • 141 24 IT DOES help to speak the same language if one is trying to inspire investors' confidence. NUS associate professor Mukul Asher related how at an Apec forum two weeks ago in Cuncan, Mexico, the technocrats from the Latin American countries were most impressive in their exchanges
          141 words
        • 63 24 THIS takes kiasuism to new heights. When the public relations manager with one of the Big Four banks was asked whether the bank would reveal its regional exposure when it releases its results next month, she responded with another question: What did the other banks
          63 words
        • 133 24 LEE ENG SLA may not win the Businessman of the Year award but he is a fine example of how businessmen can do their bit to help their country weather the regional financial storm. The managing director ofNibongTebal Paper Mills is offering 30 ha of his idle
          133 words
  • Page 15 Advertisements
    • 222 15 4k .jih*- LI KflV M When It's Number One. It's Worth Waiting For. ,(S The Superb New Titanium T3OINF Driver from S-Yard. Never before has a club been so highly I acclaimed, winning numerous accolades and bringing tremendous joy and satisfaction to discerning golfers on every fairway. S-Yard has become
      222 words

  • Page 16 Advertisements
    • 751 16 ys,A mm """"•"•••x LIMITED Incorporated in Singapore NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of the Company will be held at Hilton International Singapore, sth Level Singapore Room, 581 Orchard Road, Singapore *****3 on Monday 16 March 1998 at 12 noon for
      751 words

  • Page 17 Advertisements
    • 117 17 With your new status as a 1 iSay., public-listed company, a new era I 1 ll I I begun. Start it right with a you thank-you ad to your I 1 "to everyone shareholders, business I I who made your I I u associates and stall, show your I 1
      117 words



  • Page 20 Advertisements
    • 80 20 Hello? I'm calling about\ c m 80 a PPV j I found my pet through your advertisement in great...just like -1-1 c_ t j 1 I i j 11 The btraits Times Classified. J Ihe btraits 1 imes Classified... I the ad M ,1 I »l i 1 1 m
      80 words

  • Page 21 Advertisements
    • 29 21 Gelling access le the latest computers peripherals begins with I The Straits Times Classified. IBHram W+HH'| ll H l i'-lIJi- l 'l 1 1-i l ■< i-h'll 1 1 w^w
      29 words

  • Page 22 Advertisements
    • 51 22 The Straits Times Classified. (a nice surprise, j I I'd l.ke to deliver a for you. _J \Thank you^/ bouquet of flowers s u J j --y Buyinfi or selliM tfwwtfh yV.ktiTJ The Straits Times Classified is child's Play. RfS A *Hi '^H_jßK 4 —U li Wsp'' CallC.A.T.S.at 1800-737-1166. iJJ
      51 words


  • Page 24 Advertisements
    • 324 24 BUSDIESS Notices To advertise ca" toll-free 1800-*****83 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 54 XIN VI LEONG TRADLNG PTE LTD STATUTORY DECLARATION OF INSOLVENCY 1, ANGELA NG NYET MENG NRiC No *****19/F of Bli 426 Serangoon A»c I 13-20 i. I Singapore *****6 nude uath and say as
      324 words
    • 41 24 Can't Keep your house in order? If you are having problems with clogged pipes, over-grown gardens, pest infestations, poor TV reception, worn-out fittings and furnishings Get a quick fix. Seek help from the Classified. Home Needs Classifications 90 to 120 CATS.
      41 words
    • 115 24 Buy It. Sell It. Find It. Classified y£| Call Today For Results Tomorrow. 1800-737-1166 -r^fßHi In business, being at the right place at the right time with the right crowd is critical. Our Special Features can help you get there. The right place,- because the editoral focus complements your advertisement.
      115 words

  • SHIPPING TIMES
    • 307 25 Bridge News. Reuters LATE trading was quiet as players took to the sidelines, waiting to see what next week brings. There is one school of thought that rates for Panamaxes wanting to go east may ease back as the cuts in the Panama Canal draft take effect. The
      Bridge News.; Reuters  -  307 words
    • 300 25 SES 000 wa a n CWT Dntnbution 047 -OjM 59 Chuan Hup 0.42 i»KJi 73 Coac* tnwstmant 0.795 -0.015 2 Fr*t*M Links 0.325 -00»5 320 OeHokSngs 0-31 -0.015 6 Hat Sun Hup 040 unch 191 HttacMZosan 0.619 *0.01 61 IMC Moidlngi HK 5.60 Jay* Holdings 0.40 -0.025 25
      300 words
    • 472 25  -  Govt-owned firm is holding talks with foreign firms about joining consortia FVom Rajendra Bajpal in New Delhi The Shipping Corporation of India (SCI) is scouting for partners to set up a joint ven ture to operate LNG vessels and is already
      472 words
    • 362 25 Lloyd's List [LONDON] Leading shipping group A P Moller has given a substantial fillip to its liquefied petroleum gas (LPG) carrier fleet by investing in around US$lBO million (*****.7 million) worth of additional vessels. The Copenhagen group is to buy from
      Lloyd's List  -  362 words
    • PORT Shots
      • 89 25 AFP [TOKYO] Japanese shipyards received export orders for 13 vessels in January, down from 17 vessels a year earlier, an industry group said last week. In terms of tonnage, January's orders were up 16.4 per cent to 614,800 gross weight tonnes from 528,030
        AFP  -  89 words
      • 138 25 Bernama [SIBU, Sarawak] The 75 million Malaysian ringgit (5532.5 million) Tanjung Manis port in Sarawak's Sarikei Division will begin operating on April 27. Chang Ming, general manager of the Rejang Port Authority (RPA), which manages the port, said that technical problems had prevented it
        Bernama  -  138 words
      • 134 25 {SINGAPORE] Norwegian ro/ro operator Wilhelmsen Lines has won a US$3O million (5149.1 million) global contract to carry Mercedes-Benz cars. It entered into a three-year agreement with the car maker to carry the full range of Mercedes-Benz models, including its new A-class, on Ave different routes
        134 words
    • 315 25 Lloyd's List (ATHKNSI AN alleged inter national ship certification racket which could leave maritime regulators in several countries red-faced Is under investigation in Cyprus after police searched a Panamani-an-owned off-shore shippinK office in Limassol. The International Register of Shipping (IRS) Cyprus Ltd was searched
      Lloyd's List  -  315 words
    • 194 25 Bloomberg [MELBOURNE] An Australian court yesterday ordered the Maritime Union of Australia to stop its wave of industrial action at the Port of Melbourne. The Victorian state Supreme Court ordered union officials not to instruct or encourage union members to strike at
      Bloomberg; REUTERS  -  194 words
    • 328 25 Port operator has to torn away business at peak of export season: CEO Bloomberg [AUCKLAND) Ports of Auckland Ltd. New Zealand's largest port operator, said the failure of all main electricity cables in central Auckland has forced it to turn business away. Ports of
      Bloomberg  -  328 words
    • 860 26  -  SHANGHAI PORT New port facilities and shipyards are being built to turn Shanghai into a world trading and shipping centre From David Taylor in Hongkong HANGHAI is buildM ing new port faciliA ties, new shipyards, encouraging shipping company relo- cations and providk ing improved
      860 words
    • 250 26 PACE Dongnama 7 ACt 9 ECL 5 ANL 3 6 9 Accord 8 8 Appenship 5 G Unk 4 Ajtr4 4 Gemartrans 8 It Astro 3 Gw h W 9 Austral 9 8 BSA 7 Ha °9 ,i 9 Batamindo 7 H «J
      250 words
    • 25450 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser VnsK Voyage Telephone ETA ETA Adverts Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number m 11/01 19/03 COSCO EMPRESS HEAVEN 00*1W IWAIW A 02/01 11/01 CMA VILLE DE VELA WW 65 2253V2 »o,P, I.u /AO
      25,450 words
    • SHIPS IN PORT
      • 866 39 Vessel Voy No Berth Arrival D*p*rtur* tuamKtor* U JOT ««ngu4* 27 02/1600 V002 JO Mon*!* 2102/1600 •uttw u, ****** J03 «ongu4* 23 02/2300 9t p Tator Fa623 JO! nongvOa 23.02/1*00 It tuk Haoa FM23 JOI Mnqsid* 23 02/2359 St Suriati 4 *****9 JO) atongvda 24 02/0100 M »uD3
        866 words
      • 1813 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Manco Rstts Ship Voy No Etb/ltr Porlod From To From tuiiWt 2 KM1N 29/2000 U 21/1500 21/1*9* 11/1*00 II 2VM0 21/1*5* 21/1*00 2* 21/1700 24/045* 24/0*00 it 21/1700 24/0*59 24/0400 24/0/00 24/115* 24/1400 4 24/1200 24/145* 24/1700 Ami Ms MM
        1,813 words
      • 198 39 MM Portugal: Carnival. Mat 2 Greece: Orthodox Lent Monday. Mtr 17 United Kingdom: St Patrick's Day. Mat 30 Japan: Vernal Equinox Day. Mar 21 Mexico Juarez Day. Mat 20 Greece: Independent Day. AprO Hong /fonff/ChlnK Minn Festival. Apr 7 Brunei Karl Haya HaJI. Malaysia /Hurl Haya llaji. Apr
        198 words
      • 887 39 THIS report. compiled by Cocked Marlnr Oil l.ld, shows price ranges In I IS dollar* In ■Imml of single prim for a more comprehen •Ivr description of thai markrl Prices shown are baaed on average sited stem Market movements are Indlrat rd The ('ockett Hunker Prkv
        887 words
      • 529 39 Carton 180 kUi 1016 5 0.8 14.1 0.14 106 0.05 Fob* Dwnttf Htltr IiiMm Aih AhMrinlua SWInwtt No How £25 5 0 0 4 1 0 r rr=" 380 Aw 984.3 0.4 13.0 0.06 26 0.01 luw 380 M«> 992.0 t.0 14 9 0.M 48 0.04
        529 words
    • AIR & LAND TRANSPORT NEWS
      • 347 40 AIRCRAFT g PITCH FOR ASIA [SINGAPORE] Brazil s Embraer and US-based Gulfstream expect the market for regional jets in Asia to expand significantly over the next five years. Both aircraft manufacturers remain optimistic despite the economic turbulence in the region and said that
        347 words
      • 547 40  -  It's confident that region will prove to be among promising markets for world aircraft makers Reports by Felix Chan [SINGAPORE) Boeing Co yesterday urged Asian airlines not to overreact to the economic turbulence in the region and said that Asia will
        547 words
      • 327 40 [SINGAPORE] Boeing yesterday said its 777-200 X derivative will now meet range and passenger payload requirements for year-round non-stop flights between the US and major South-east Asian destinations. Boeing's senior vice-presi-dent for international sales, Asia-Pacific, Larry Dickenson. told a news conference yesterday
        327 words
      • 264 40 Bloomberg [SINGAPORE] French aircraft manufacturer Dassault Aviation said yesterday that the Asian financial crisis will not have a big impact on its income. "I don't think there will be any delay for orders (of commercial aircrafts). For military aircraft there could be
        Bloomberg  -  264 words
      • 132 40 (SINGAPORE) Having been preened and polished, a GKN Westland Super Lynx helidopter gets some close attention from her flight crew as preparations for Asian Aerospace '98 went into full swing yesterday. This maritime attack chopper is making its debut at Asia's largest airshow, which
        ARTHUR LEE  -  132 words
      • 1673 40 CITY FLIGHT ETA FLIGHT ETO Abu (HUM GA995 1210 Fukuot* SOW 1710 S0990 0115 CV794 2300 CM0MW S0803 1910 CZ354 0910 AMUM* 8A7381 1930 8A7382 2050 ***** 1025 0F81 19)0 Of 82 2050 H*nol ¥***** 1310 VH740 >410 ***** 2220 *"743 1925 AmittnUm $0327 0810 *1.844
        1,673 words
  • Page 25 Advertisements
    • 20 25 Shanghai port aims to be world hob New port facilities, shipyards are being built to meet its goal. Page 2
      20 words
    • 423 25 Boeing urges calm amid Asia crisis It's confident that region will be promising market for aircraft makers. Back Page United Parcel Service International (UPS) L has appointed Ronald Wallace as its president. Mr Wallace, formerly the president of UPS Canada, will oversee the continued development and growth of UPS' businesses
      423 words

  • Page 26 Advertisements
    • 771 26 I IMPORT I I QULTIINDIAN SUB-CONTTNCHT I SMOQAPORE CAUTOmA EXPRESSfIXFttCT FROM WEST COAST) lOULF KARACHI EXPRESS (QKX) rasa r ~»ot oaa vmi su u Fsm m vor ka pmn oan~ kar coi kg sm umsut imm »7oi io/oi io/oi is/01 i* w/w 13/01 17/02 05/03 00/oj 10/03 eras uammm vjawsos
      771 words
    • 643 26 Lines services represented Memtoefi 01 01 Accredrted Agents Singapore Sapping Assoc>alor Memoers erf tfie Sogapore Freight Forwarders Association Just talk to us.. Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 x Japan •2 x Hongkong •1 x Mania •1 x Koochiung, Koaiung lAcapting Fa to WOC/NAHA/SENDAI/CBU/lO* vrul vm —pie —rm
      643 words

  • Page 27 Advertisements
    • 918 27 SAX SERVKE (DIRECT) HI I yrrtn VOY sw Ftt lAX OAK PAL HOU 01 COl OT iMATTMIT Si* WoT" 05/03 10/03 10/03 11/03 11/03 11/03 11/03 12/03 17/03 ■SiS an —W& M iw Id AIEUNDRrrc 0371 09/03 19/03 24/03 24/03 75/03 25/03 25/03 25/03 2t/03_ M/ 03 mm, 0011 11/03
      918 words
    • 2012 27 (g) H ANJIN SHIPPING fm vsi/vor tM m uni haul/voy su nw mn pox oi isir pit on SeS phi rv» tu m tMIUW I M/W H/of" ~MKT ~2070T 21/03 n/03 72/03 23/03 23/03 24/03 25/03 25/03 25/03 26/03_ 22/03 H/03 H/03 H imUMIOMI rnvT 01/03 C«OSCOW/102l 25/03 H/03 27/03
      2,012 words
    • 108 27 ORIENT EXPRESS LINES (U.K.) LIMITED f|§ I (MANAGER FOR SHREYAS SHIPPING LIMITED) \~*drmi*mJ) WE £KLY SINGAPORE/MUMBAMBOM^^HUTTLE VESSEL VOY SINGAPORE BOMBAY VESSEL VOY BOMBAY SINGAPORE LEERORT 310 23/02 04/03 ACHIEVER 006 11/02 23/02 ALBERT BRIDGE 012 27/02 08/03 ALBERT BRIDGE OIJ 15/02 77/07 SS SINGAPORE 100 02/03 11/03 NORDKAP 423 18/02
      108 words

  • Page 28 Advertisements
    • 1599 28 DSR-SCNATOR UNES JO UK/CONTINENT TO RED SEA/IVIEDf IIiLKBANEAN/CANADA KSSU VOY SIM LEH RTM AMU HMD IlltV FU VKSEI VP* W JtP BIT SPt FOS W.C MTW HJ lARCHONA MM H U 13 03 15 13 II «3 17 83 1103 1103 ■MZAJOOWI **112 MB 11 03 17 03 1103 7003
      1,599 words
    • 1242 28 My AMC iwhinlj yml ,nt#fnet we& s,t hnp: www -ymi.com tw IJUfmiI'MMIHH-H>lil.'lll'U?HHll:TtlJJHH■B»lillHl.'U?lllil:lfmi'iJ:im.ti;l lMl ahrival fixed oat Tuesday VESSEL VOY LEN FXT HA* ANR HFA fTST"" MING STAR ABOIF SIO SLD SID SLD SLO 24/02 MAIACCA BR A 80?( SIO SIO SIO SIO SLO 03/03 MING SUN ABO3I SLD SLD SLD
      1,242 words
    • 552 28 LINE £S* A nkniMuniiiuiiii i MUARA 1 LABUAN "1 vissti vor no ru vissa vor nt nt SPOOF MUARA SPOOF UN Giotr vosf/oi sid 25/02 APttaotr vou/n sui 24/02 j. rsosra VOM/9S 27/02 02/03 JJ«osra VO4l/90 27/02 OS/03 apmgukt vow/m 0«/03 07/03 M*tao*r vo4l/40 04/03 00/03 mova VOTI/oo 00/03 11/03
      552 words

  • Page 29 Advertisements
    • 1344 29 IVEMM-L VOY SIN BKK PQU PKQ PCN BLW SUR BA I BIK IRAN GHEYAMAT PJL-1272 12/02 20/02 EIBE OLDENDORFF PJL-1277 15/02 23/02 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA, KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN, KIRGISTAN. TADZHIKISTAN GEORGIA VIA B. ABBAS, BIK AGENT IN SINGAPORE I AGENT
      1,344 words
    • 1851 29 TO EAST WEST AFRICA (VIA DURBAN) EVERY FRIDAY I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE: COSTAR SHIPPING PTE LTD #17-08I>KIIDG SAUS/BKGS 4205M1/43 INWARD OEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CRNO: **********0W TOWER TWO (*****9) CONVENTIONAL *****50/55 T/SHPMT
      1,851 words
    • 631 29 EASTERN OUt LINER, ITO."Zt. sW |AJ ta (SIWGAPOIIE) pn ITD »e5S£ I SPIOAUZI IN ROWO HEAVY UFT UPTO 122 TOWS ECI (SINGAPORE) PTE LTD LOADING FOR CHn Mv% N R^S* I v C i UTTA r PORT KIANC CTA SJN 25/02/98 mOOOMW* ""J™"* ETA CAL 10/03 98 SJN 26/02. 98
      631 words

  • Page 30 Advertisements
    • 1446 30 EURQPEAJ K/SCANDINAVtA/FINLAND/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHV TOP ROM ANW HBG PKL SGP E. DAINTY RW-004 28/02 20/03 25/03 21/03 23/03 2MB 25/03 I GROUP RE 057 20/01 21/01 30/01 01/12 24/02 25/t2 E RESULT RW-010 07/03 27/03 01/04 28/03 30/03 ***** 01/04 E GLAMOUR RE-054 03/02
      1,446 words
    • 908 30 m. AM MAC-NELS S'PUKE M'SIA Carrier: MN COUTH UNES, INC I-IV/V** J OR MOi 19M7MOOM SWU: (ot4) *****9 MANILA: (632) *****61 V w PENANG: (04) *****36 BANGKOK: (682) *****67 SURABAYA: (31) *****0 P. KELANO: (03) *****77 JKT: (21) *****07 MDN: (61) *****3 KUCHiNG (082) *****1-3 MANILA GENOA/BARCELONA/IE HARVI MV "ANRO
      908 words
    • 439 30 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL 1 VOY I SIN I PUJ 1 DOB I CFT I R/BAT GOLDEN DRAGON 003S 01/03 11/03 15/03 19/03 IjjWH PWNtESS OTPS 08/03 23/03 27/03 WAWUIQUEEW 026S 17/03 25/03 29/03 02/04 OS/04 NAHTAI DRAGON 005S 30/03 09/04 13/04 17/04 NAWTAIPKIWCE
      439 words

  • Page 31 Advertisements
    • 585 31 BSA a ML MYANMA »gßk FIVE STAR LINE (Myonmor National Line) Loading for Yangon (Rangoon) VfSSCI VO* SIN PKG PEN PGU HP A-AN 242** SU> MfRGUI 142 IH PT MALAYSIA AGENTS: ROOSHAO SHIPPING AGENCIES KIJl: Til 02-03-*****00 PKL TU 02-03-*****01 Pflt Til 02-04-*****02 PGO: Til 02-07-*****21/4 BANK LINE (A s«rvi<(
      585 words
    • 1260 31 I HYUNDAI MERCHANT MARINE CO. LTD. [VESSB VOT sm SOUILEHIRTMIANTIHARIRBVIFa IVRSa VOT SOU lEH ITM MIT HAM BRV Iftt SW 1 HYGOtfBAI jiow 23/02 11/03 11/03 14/03 14/03 14/03 17/03 HY CORROOORE 3101 29/010S/0I 03/02 02/02 01/02 03/02 23/02 HYDUW 30W 07/03 11/03 19/03 71/03 71/03 71/03 24/07 TTW 3031
      1,260 words
    • 1004 31 norwegon ipeoottzed autocornen fiSfe/— Qj©§(°]<3 TO NORTH AND LATIN AMERICA VESSEL VOY RAMP HEIGHT SIN LAX Cll MIA SAV BAI ORE NYC NEW MOB TAMO FBOS 400 Tan 6JM 0T703 28/03 05/04 08/04 10/04 12/04 13/04 14/04 19/04 20/04 TOURGOING FBO6 400 Tom 6.3 M 17/03 10/04 19/04 22/04 24/04
      1,004 words

  • Page 32 Advertisements
    • 890 32 BAHOKOK/LAEM CHABANO JAK ART A/PA H JANO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN RATHA BHUM" 02N In Pt 27/02 DEJA BHUM 736S In Pt 27/02 20/02 NANTA BHUM 382N In Pt 28/02 27/02 XETHA BHUM ***** 26/02 28/02 SINO OCEAN OCNQS7 25/02 28/02 XETHA BHUM 228S
      890 words
    • 145 32 GEMARTRANS 4 SAILINGS WEEK TO HCM Yissa VOY MM HON GUAM MM S7« R7il VAN lUAN ISOM 77/07 07/0) HAUUANGO7 AlO4l 71/07 0)/01 UU (HUM 42N 07/03 OS/03 «UAN 9134 04/01 07/03 MIUNH (3071 04/03 04/03 2 SAILINGS WEEK TO HAIPHONG VtSSiL "T V T 1 MM MfW il HANG
      145 words
    • 420 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD. SINGAPORE 0208 TEL *****68 FAX: *****64 TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI I Blntulu Muiri VESSEL VOT SIN ITU VOY SIN MUA I Beloit V9804E Inpl 7S/0? 01/03 V9804E InfH 75/07 03/03 I Sana WBO4I 0107/03 04/03 M
      420 words
    • 601 32 1 ACCORD MM SHIPPING PTE LTD HI *****13 (40 Lines) FAX *****30 HMT KLAHC (03) U7 1001 KR M DIRECT ACCESS Til: *****55 (EXPORT BOOKING) mil CUOAMC (07)*****77 r r *****34 (EXPORT DOC), *****39 (IMPORT) FtMAMG (04) 33? 1444 URUMTTP://WWW.ACCORD.COM.SG JAKJUtT* (21)640 07/0 POUT IU SIN PORT ITA gj PORT
      601 words

  • Page 33 Advertisements
    • 426 33 INDONESIA NATIONAL LINE TO EUROPE 1 EXPRESS SEMI-COWTAINERISEO SERVICE VSI VOY A OAM/H DAM H BURG BREMEN ANTWERP VESSEL ?7/3 1/4 OMIT 5/4 TO AUSTRALIA FULL CONTAINER SERVICE VS. |vm~ 'STST FHt Wt STD Kl Hl» Mt W P»c NEDCLOYD BRISBANE V OSS 1402 21« 0«3 OMO OM3 IMB AUSTENTCRFWSE
      426 words
    • 1207 33 ADVANCE CONTAINER LINES (PTE) LTD ii I 140 Cecil Street. #12-00. PIL Building. Singapore *****0 m f*\\S Li TEL: *****21. FAX *****19. TELEX RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60 *****05 EANOKOK I JAKARTA (WMkty 5 Stgs PAT/ 2 Slgs LCH/1 Slg BMT) IS Sailingt/WMH "vissa Tvoy sin hkk
      1,207 words
    • 1066 33 I VESSELS VOY SW I JED I MLA LEH HAM THP RTM ZEE WOE DE VIRGO S24W 00/03 12/03 17/03 22AM 24/03 26/03 26/03 27/03 VH-LEOE NORMA N24W 13/03 22/03 26/03 31/03 02AM 04AM 04/04 Q&Q4 VILLE D€ GEMINA H24W 19/03 26/03 02AM 07AM 06AM 10AM 10AM 11AM VILLE D
      1,066 words



  • Page 36 Advertisements
    • 58 36 To retrieve more schedules, just follow these simple steps... Ste H/"^ Thc document 74<Mi(MM^^sF/S| top be faxed M \Jjr° y U y*j Press"l" 11 the port I your Step key in the four w* .JK)hone number /J 0M digit code Key in your Example: r-*—i fax number To NEW YORK
      58 words



  • Page 39 Miscellaneous
    • 131 39 ■M2ZZi32SESSHS3BM ios 100E Set. LEGEND: R Thunderstorm Temperature c X\ SHower Weother _X Wind direction with speed in knots ee Rom >—/ Cloudy Sky WOVt h Surface winds ore mdicoted by arrows which fly with the wind One full circle represents catm or light and vanoble winds J,. One half
      131 words