The Business Times, 25 February 1998

Microfilm: NL21083
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    19 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c S 1 N G A P,O R E Internet: http://www.asial.com.sg/biztimes WEDNESDAY, FEBRUARY 25,1998
    19 words
  • Article
    MARKET SUMMARY
    69 1 sni 159L75 (+9.84) iIIMM U 97X83 (+5.57) P| BTOOMP Ul3Ki37 (+21.77) BTMGA 82X59 (-0.20) gj MARKET HOOD: STOCK MAHET DOMCBB Tueedsv Chance KLSK COMP ***** *M8 NIKKEI 1C.1WLM -4114f HANG SENG IM8M4 \Si SET INDEX &17.M -4.7« JAKARTA COMP _4HM It.IS MANILA COMP __2.Hf.78 1452 TAIPEI WP1 IMM
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  • Article
    FINANCE
    78 1 EXCHANGE KATES ust s$ isj i mo 1644 1WS DM MM OJII YEN 100 #.781 1181 MS 0165 0.434 HKS #129 0112 BAHT 0 023 0 <87 RUPIAH 100 0.010 0.017 Interbank rata PRIME RATES SINGAPORE* 7.86 KUALA LUMPUR. 10.46 JAKARTA 33M BANGKOK 15.26 MANILA XIM HONGKONG 10.26 TAIPEI
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  • Article
    Non-Malays can buy into ailing bumi firms: Daim
    857 1  -  Shares rise on hopes KL will relax National Development Policy /•Yom Eddie Toh iti Kuala Lumpur IN what some observers saw as a forerunner to an easing of the affirmative-action National Development Policy, the economic adviser to Malaysia Daim Zainuddin said yesterday
    857 words
  • Article
    Woodgrove scores with exec condo pricing, mortgage caps
    515 1  -  32 anits sold; pressure on exec condo prices seen By. Ang Wan May [SINGAPORE) Pricing its Woodgrove condominium in Woodlands at close to or even below recently-launched executive condos has netted Straits Construction sales of 32 units. Besides absorbing stamp duties, the
    515 words
  • Article
    Bangkok vows sweeping reforms
    697 1  -  More transparency for central bank; financial revamps From Harish Mehta in lUwgkok THAILAND has promised to conduct sweeping reforms to make its central bank more transparent and efficient, and probe the operations of several government departments, long with measures to put its financial system on a
    697 words
  • Article
    Lock icon Greenspan sees moderate, balanced US growth, tame inflation
    483 1 Bat he suggests US stocks may fall, bank bad debts may rise Bloomberg (WASHINGTON! The Federal Reserve is forecasting moderate and balanced US growth this year with the fallout from Asia keeping Inflation in check. Fed chairman Alan Greenspan said, suggesting the
    Bloomberg  -  483 words
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      113 1 DISIPE Budget high Expectations are running high that the financial sector will be a major beneficiary of Friday's budget, Pg 3 upon ooosier The Sing dollar will have to stay at 551.83 to the greenback if Singapore exports are to stay competitive, says a recent "big picture* study. Money Matters,
      113 words
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      8 1 Thai* get moving on privatisation plans, Pg 4
      8 words
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      183 1 mM. >m^^r M T~{\tA ;?9SS©^l v Jf*" ~w*\ mUBI jt S V\> jfl Minister in his flying marhiiu* [SINGAPORE] Deputy Prime Minister and Defence Minister Tony Tan getting acquainted with the controls of an EC 120 Colibri light helicopter soon after he launched the ninth Asian Aerospace "98 airshow yesterday.
      183 words
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      9 1 Falling energy prices rein in US inflation, Pg 11
      9 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      ST Engg to move quickly to broaden skills base
      368 2 ASIAN AEROSPACE '98 e* IN a bid to capture a bigger sljce of the world market for defence projects. Singapore Technologies Engineering (ST Engg) will shift efforts at broadening its skills base into top gear. Boon Swan Foo, its president and
      368 words
    • Article
      Aerospace execs still bullish on Asia
      375 2  -  Region's long-term fundamentals seen as strong, its airlines expected to soar again Reports by] David Boey AEROSPACE and defenco industry executives say they remain bullish that Asian economies will pull out from the current financial crisis. Speaking at Asia's biggest alrshow, which got off
      375 words
    • Article, Illustration
      Lock icon ST Elec unveils electronic warfare expertise
      526 2 ST Engg arm has developed advanced electronic subsystems QUIETLY, without fanfare. ST Electronics technicians and engineers have built up the company's proficiency in a vital aspect of defence science. Seah Moon Ming, president of ST Electronics, the systems integration arm of ST Engineering. told
      ARTHUR LEE  -  526 words
    • Article, Illustration
      Lock icon Those earning at least $6,000 pm
      307 2  -  EYE ON THE ECONOMY Labour Hy< Carol Eag IT'S no surprise that the majority of Singaporeans who earned at least $6,000 a month last year were tertiary-educated professionals or managers from the financial and services sectors. But among the 113,289 people in the top
      Source: MOL  -  307 words
    • Article
      S'pore, M'sia firms in TV partnership
      105 3 A SINGAPORE film house, Raistar Productions, has tied up with Malaysia's HVD Entertainment to jointly produce and distribute TV programmes. The partnership was sealed in an agreement signed yesterday by Raistar's chairman Ahmad Mattar and HVD's managing director Sebastian Foo. Raistar is a subsidiary
      105 words
    • Article
      Financial sector likely to be major beneficiary
      666 3  -  RUN-UP TO THE BUDGET Bankers hoping for higher tax relief on loan provisions in wake of Asian crisis By Catherine Ong, Siow Li Sen THE financial sector will likely be a major beneficiary of this year's budget, to be unveiled on Friday, industry
      666 words
    • Article
      Lock icon Laws can apply to locals abroad: court
      169 3 The Straits Times THE Court of Appeal ruled yesterday that the Singapore Constitution allows parliament to make laws which apply to Singaporeans even when they are abroad. It made this ruling when it declared that Section 37 of the Prevention of Corruption Act,
      The Straits Times  -  169 words
    • Article
      Malay Chamber calls for lower taxes, cut in CPF contribution
      422 3  -  It also urges that low-interest aid scheme be widened to cover LCs, overdrafts By Christopher Tan THE Singapore Malay Chamber of Commerce Industry (SMCCI)has made a list of austere recommendations to the government, calling for lower taxes, low-interest aid. and
      422 words
    • Article
      New name for labour ministry to reflect role
      215 3 THE Ministry of Labour has been given the task of developing a "globally competitive workforce with new competencies", Prime Minister Goh Chok Tong said last night. With the new role, the ministry will be known as the Ministry of Manpower from April
      215 words
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      55 2 The Peugeot 306 Cabriolet If you're thinking along these lines, you really need to know about our special deal. Call Le Car now and find out how you can benefit by up to $10,000. UrCflfl pe^Tot AwrtworfjwComfartGrxp 383 Sin Ming Drive Singapore *****7 Tel: 454 4566 Fax: 454 4533 Email:
      55 words
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      10 2 More reports on Shipping Times Pg 18 Tomorrow: ST Automotive
      10 words
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      253 3 fJT !$f \uM9M r A*MSB Jft t By B i >it M>| 1 l( jjwjH» W>>w/" r HH nr n J® f* L. LJ 1_ 1\ **^';> s Z h i|H§k 5 5 5 -'*iNi rh i iiir- r- y ***%.?*KZ v.fsfoafar B B B B ft m m r
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  • MARKETS IN TURMOIL
    • Article
      Lock icon Mondale to be Clinton's rep in talks with Suharto
      271 4 Former V-P to leave with state, treasury officials on Saturday Reuters [WASHINGTON] Former US vice-president Walter Mondale will travel to Indonesia on behalf of President Bill Clinton for talks with Indonesia President Suharto about his country's financial crisis, the White House
      Reuters  -  271 words
    • Article
      Foreign banks meet in Jakarta for corporate debt talks tomorrow
      517 4  -  Group led by Stanchart director; S'pore banks represented by OCBC Ky I Catherine Ong (SINGAPORKI Thirteen banks representing international lenders to Indonesia, including Singapore institutions, meet in Jakarta tomorrow to sort out the country's estimated US$74 billion (Ssl2l billion) corporate
      517 words
    • Article, Illustration
      Lock icon Rupiah peg? No rush, says Indon central bank chief
      509 4 It's seen as hint govt may delay or scrap controversial plan AFP, Reuters Bloomberg (JAKARTA) Indonesia will not rush into pegging its rupiah currency to the dollar, newly-installed central bank governor Sjaril Sabirin said yesterday. It was seen as a hint
      AFP,; Reuters; Bloomberg; REUTERS  -  509 words
    • Article
      Thais get moving on privatisation plans
      735 4  -  Restructuring gives impetus to long dormant scheme From Harish Mehta in Hfirufkok THE Chuan Leekpai government has stamped the word "urgent" on its long dormant privatisation programme by committing itself to new dates to divest government stakes, and unveiling plans to create a new
      735 words
    • Article
      Lock icon No basis for S&Fs Philippine downgrade: Singson
      313 4 AFP [MANILA] Central Bank of the Philippines governor Gabriel Singson yesterday disputed Standard and Poor's downgrade of the country's local currency ratings, saying the US credit rating agency had no "solid basis". Mr Singson issued a pointby point rebuttal of the figures cited
      AFP  -  313 words
    • Article
      Lock icon US investors set to target distressed Asian assets
      360 4 Bankers Trust, AIG among first to raise such recovery funds FT (LONDON) US investors are creating large "recovery funds" to invest in distressed Asian companies and other assets in the region whose value has tumbled in recent months. Bankers Trust is reported
      FT  -  360 words
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      129 4 —f WORLD WIDE I Since 1975 our worldwidestaff of over 275 mufti-disciplined professjonals I including lawyers, chartered accountants, chartered secretaries and I bankers have provided confidential and cost effective company formation I in all the major low tax areas including: I Full professional after sales service provided. For a FREE
      129 words
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Is 1.83 current fair value for S$?
      1493 5  -  A study by a local fund manager says that Singapore exports can only stay competitive at that level, and are most hurt by North Asian currency falls By Larry Wee [SINGAPORE] Money Matters suggested last week that, based on current trading flows, Singapore
      Compiled by BT; Source: Pacific Asset Management; Source: Deutsche Morgan Grenfell  -  1,493 words
    • Article
      Lock icon TRADE RECOMMENDATIONS
      384 5 By ANZ Investment Bank Singapore IN OUR view, the flows into the Singapore bourse that we've seen recently cannot be sustained and the Singapore dollar is vulnerable to speculative attacks. At some stage, serious shorts could once again build up. We target 1.80-2.00 in three to six months.
      By ANZ Investment Bank  -  384 words
    • Article
      Lock icon THE WEAK AHEAD
      354 5  -  Compiled by Larry Wee Sources: ANZ Bank (ANZ), Deutsche Morgan Grenfell (DMG), Independent Economic Analysis Holdings (IDEA), and MMS International (MMS) Singapore Today: Singapore's 1997 report card on economic performance, including sectoral breakdown as well as productivity, employment and inflation performance. Friday: Singapore's annual budget to be
      Sources: ANZ Bank (ANZ), Deutsche Morgan Grenfell (DMG), Independent Economic Analysis Holdings (IDEA), and MMS International (MMS)  -  354 words
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      85 5 SINGAPORT '98 24 27 MARCH 1998 ASIA'S LARGEST MARINE EQUIPMENT TECHNOLOGY SHOWCASE Reach the world's Buyers and Suppliers in our special supplement in Shipping Times on 24 March 1998 &£*£&&'jL*Sfo- 1 ~s»rSwi^yc* Take your position at this marketplace in our exclusive Advertising Feature targeted at this ready group of buyers
      85 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Indon famine fears seen as major threat to Suharto govt
      561 6 JAKARTA World Bank report says country has to import at least 4m tonnes of rice this year AFP THE spectre of current food shortages leading to a famine throughout the island of Java has emerged as a major threat to
      AFP; REUTERS  -  561 words
    • Article
      Lock icon Suharto aide blames Chinese for Indon woes
      184 6 SYDNEY Bridge News A RETIRED Indonesian general, and now an influential member of President Suharto's regime, Lt-General Tirtosudiro believes one of Indonesia's major economic and political problems is Chinese merchants. In an interview with the Australian Financial Review, he claimed that Chinese merchants
      Bridge News  -  184 words
    • NOTE Book
      • Article
        Lock icon Kalimantan fires heighten haze fears
        123 6 Reuters [JAKARTA] About 1,000 forest fires were burning in Indonesia's East Kalimantan province yesterday, heightening fears that South-east Asia could be choked by a haze disaster as bad as last year. Environmentalists said the fires on the Indonesian side of Borneo island were mainly confined
        Reuters  -  123 words
      • Article
        Lock icon Laos names Khamtay as new president
        60 6 AFP [VIENTIANE] Khamtay Siphandone was chosen by the Laos national assembly as the country's new president, with Sisavath Keobounphanh to succeed Mr Khamtay as prime minister, an assembly source said yesterday. The appointment of Mr Khamtay, 74, came as no surprise—he was widely considered
        AFP  -  60 words
      • Article
        Lock icon Ramos healthy but tired, says doctor
        63 6 AFP [MANILA] President Fidel Ramos Is generally healthy but "rather tired" as he comes to the end of his six-year term of office, his doctor said yesterday after the Philippine leader underwent a regular medical check-up. "The president is fine," a presidential palace statement
        AFP  -  63 words
      • Article
        Lock icon Thais snap up US$2 of seized cars
        112 6 AFP [BANGKOK] Thousands of Thais spent some US$2.2 million (593.6 million) over the weekend buying up the seized cart of failed finance firms, despite grumbles that the assets were over-valued, a report said yesterday. Of the 329 cars put on the block by
        AFP  -  112 words
    • Article
      Lock icon Golkar members warned not to vote for Habibie rival
      308 6 JAKARTA They face sanctions if they back ex-minister Emil Salim for V-P AFP INDONESIA'S ruling Golkar party has warned its senior members not to support a former minister's bid to run against its vice-presidential nominee, reports said yesterday. Former environment minister
      AFP  -  308 words
    • Article, Illustration
      Criminalising those who give bribes
      539 6  -  iOiXYDV Significant Insights from SM Lee Kit Yang Razali Kassim AT the inaugural Europe-Asia Forum last Friday. Senior Minister Lee Kuan Yew spoke on the Asian financial crisis and what Europe could do to help overcome it. But one of his most significant remarks in
      539 words
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      62 6 1 Ki H^HRHlOUnDKj^^lffl^H f f <S i- i *£< Roal molody. Roal rhythm. Rial Jazz. Virtuoso guitarist Curtis Robinson Pm IfS* < M 22 I rV and M* band bring you tho most original and too most spontaneous music. t £V«y afeftf ftww Ffc&ruary IS to May 16 (oxcopt Sundays)
      62 words
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      26 6 FOUND SOMETHING? Locate its owner through Classification 821 (Found). ,4 Simply call C.A.T.S. at tpT 1800-737-1166 for this free service. 1 CATS. I Another Classified Sefvtc*
      26 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Election row as HK press reveals legal loophole
      351 7 HONGKONG Reuters REVELATIONS that tycoons have set up shell companies as a ruse to secure extra votes in Hongkong's elections sparked a bitter row yesterday ahead of the former colony's first legislative polls under Chinese rule. The ruse, a legal loophole, triggered
      Reuters  -  351 words
    • Article
      Lock icon Asian crisis expected to hurt earnings of Chinese firms
      328 7 BEIJING Foreign investments in high-tech zones also affected: report AFP CHINA'S official press yesterday warned that the Asian financial crisis will take a deep bite out of the earnings of Chinese firms this year. Particularly hard-hit will be firms in the
      AFP  -  328 words
    • Article
      Lock icon China welcomes EU stand on human rights
      150 7 BEIJING AFP BEIJING yesterday warmly welcomed a decision by European Union foreign ministers to refrain from supporting any efforts to have China's human rights abuses condemned by the United Nations. "The Chinese government hereby expresses its welcome to this wise decision. This fully
      AFP  -  150 words
    • Article, Illustration
      Lock icon China winds up second largest trust firm
      469 7 BEIJING Special bond issue being planned to recapitalise state banks: reports Reuters CHINA officially wound up the country's second largest trust and investment firm yesterday. sending a sharp warning as Beijing seeks to clean up its financial sector. Separately, official media reported that
      Reuters  -  469 words
    • Article
      Lock icon China to pump in 8t yuan investment over 3 years
      210 7 BEIJING Regional crisis won't affect size of outlay, says paper AFP CHINA plans to invest eight tril)ion yuan (Ssl.6 trillion) in the next three years, ruling out any effect of the regional financial crisis on the outlay, the China Daily
      AFP  -  210 words
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      144 7 f pi jf?P INTERNATIONAL EXPRESSIONS OF INTEREST ("Iwing spm W.S.T. Wednesday 25th March IWB. Southlands Boulevarde Shopping Centre, Willetton, Perth, Western Australia MB A DYNAMIC SUB-REGIONAL SHOPPING CENTRE with exciting growth potential >^1 Major expansion and refurbishment completed Nov 1997 almost W doubled the centres size to approx 20,812m 2
      144 words
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      542 7 Keppel Telecommunications I Transportation Ltd I (Incorporated in the Republic of Singapore) H 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1997 B The Directors advise the following unaudited results of the Company and of the Group for the year ended Hj 31 December 1997: H COMPANY GROUP B
      542 words
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  • Special Supplement: FRENCH BUSINESS BUSINESS IN FOCUS
    • Article, Illustration
      French commitment is no Mirage
      865 8 ASIAN AEROSPACE '98 Asia's current crisis may affect aircraft sales, but we're here for the long haul, say French companies IT'S called the Mirage. but there's nothing illusory about this slick piece of aircraft now showing off its stunts at the Asian Aerospace '98 exhibition.
      865 words
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      Military, business jets from Dassault
      251 8 Chief executive Serge Dassault remains optimistic on Asia //W HE Singapore I l airshow Asian I Aerospace '98 is I one of the main JL events in the aerospace industry; this coupled with the friendship existing between France and the countries of the area, plus
      251 words
    • Article, Illustration
      Confident on France, Asia and bilateral ties
      1654 9 French Economic, Finance and Industry Minister Dominique Strauss-Kahn speaks to the French Business Assn S* OME of France's economic indicators have improved i markedly in I the last quar- ter of 1997. Are these an early indicator of a true revival of the
      1,654 words
    • Article, Illustration
      Lock icon Corporate News in brief
      763 9 FT AFP AFP FT FT FT The Asian crisis had limited impact on 1997 sales at LVMH, the French luxury goods group, according to preliminary figures. Revenue from fashion, luggage and leather goods traditionally accounting for a third of business rose 15 per cent to S$3.23
      FT; AFP  -  763 words
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      116 9 VI RAFALE A fully (litjlt.il till mm* Ifeii'l a dieam but In lh<! IwtMily flml cttnhiry. II ttxlnln lo(i<iy. The fully digital M.if.ilc lu in the air and ready to take on all coition* now. Air nuperlorlty. An to ground. Air dttfnncit. Reconnalnnanro. Whatever mT |—t" the tat»K, tho Rafale
      116 words
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      5 9 OA brought to you by
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  • ASIA
    • Article, Illustration
      Lock icon Japan continues to defy demands for fiscal stimulus
      363 10  -  TOKYO But flagging economic activity may force govt to take drastic measures soon Anthony Rowley JAPANESE ministers yesterday stepped up their defiance of outside demands for further cuts in income taxes and other fiscal stimulus to spur the economy. But a sharp
      Source: Bloomberg  -  363 words
    • Article
      Lock icon Auckland to get 40% of power back by Monday
      249 10 AUCKLAND Bloomberg MERCURY Energy said it will only be able to restore about 40 per cent of electrical capacity to Auckland's city centre by Monday, after the weekend. That is below the New Zealand power company's Monday estimate of 50 per
      Bloomberg  -  249 words
    • Article
      Lock icon Aussie company profits hit 6-yr low
      345 10 SYDNEY 4.5% fall in Dec qtr profits despite minor Asian crisis impact AFP AUSTRALIAN company profits hit a six year low in the De cember quarter despite the Asian financial crisis having only a minor impact, figures released yesterday showed. The Australian Bureau of
      AFP  -  345 words
    • Article, Illustration
      Lock icon A$ most undervalued major currency: Merrill
      277 10 ■SYDNKY AFP THE Australian dollar is the world's most undervalued ma jor currency and will appreciate significantly this year, according to US investment house Merrill Lynch. The Aussie was "deeply undervalued" after its almost 20 per cent collapse since late 1996, Merrill Lynch said
      AFP; Source: Bloomberg  -  277 words
    • Article
      Lock icon Uttar Pradesh assembly to vote on govt
      213 10 NEW DELHI AFP INDIA's Supreme Court yesterday called for a rapid and "peaceful" end to a political trial-of-strength in a key state which threatens to influence the outcome of ongoing national elections. The court ruling followed two days of total confusion as a
      AFP  -  213 words
    • Article
      Lock icon Govt intervention in S Korean economy over: top official
      322 10 SEOUL Foreign products, firms, capital are welcome: Kim adviser AFP PRESIDENT-elect Kim Dae Jung's top economic adviser said yesterday that years of government intervention in the South Korean economy were over, and pledged a free market economy open to foreign investors.
      AFP  -  322 words
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      2039 10 obtain appropiate orders tor legalenng m name in respect d the above purchased ao-nnst full cons deration The Bank hM marked 54 78% (previous year 41 00%) d<• in vestment to market agamst mnimum d SON prescribed by RBI 9 A transaction related to the year 1992 83 dßs 40
      2,039 words
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      266 10 A new Kim at the helm. Editorial, Pg 12 FACTORY FOR LEASE A fabrics printing and finishing factory in Bangladesh is for 5 years lease. Factory name: Quayyaim Dyeing and Printing Mills Ltd. Factory capacity: T.C. Fabrics 800,000 meters per month; cotton fabrics 350.000 meters per month, equipped with eight
      266 words
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      36 10 fWATERBEDi I SALE!! 1 Open Daily 1 rOOpm 7.-OOpm Easy Payment can b« Arranged .CLICK TECHNOLOGY PTt LTOI Blk 144 Viking Road, I #01-67. S'pore *****4 I (B«sid« Red hill MRT Station) I !iHii7J.643L F 2?i.*****5j
      36 words
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  • THE WORLD
    • Article
      Lock icon Annan arrives in UN to a hero's welcome
      620 11 NEW YORK Clinton cautiously endorses pact with Iraq but says US will keep forces in Gulf Reuters Bloomberg UNITED Nations SecretaryGeneral Kofi Annan, who arrived at the UN to a hero's welcome yesterday, went directly to brief the Security Council on the
      Reuters; Bloomberg  -  620 words
    • WORLD Watch
      • Article
        Lock icon Moot Americans forgive Clinton: poll
        121 11 AFP [WASHINGTON! Most Americans now believe President Bill Clinton probably had an affair with Monica Lewinsky, but many feel he should not be held liable for lying about it and that the investigation of the affair should be dropped, according to a poll published yesterday.
        AFP  -  121 words
      • Article
        Lock icon German industry upbeat on prospects
        41 11 Reuters [BONN] German industry is upbeat about business developments over the next six months, a survey showed. Manufacturers see east German employment stabilising and export expectations rising. Munich-based think-tank Ifo said in its January survey. Reuters
        Reuters  -  41 words
      • Article
        Lock icon Millenium dome good for business: Blair
        78 11 Bloomberg [LONDON] Britain's millennium dome being built in London will generate up to an extra £1 billion (552.7 billion) in business. Prime Minister Tony Blair said. The £750 million building is being built on the Greenwich meridian in south-east London. Mr Blair said £400
        Bloomberg  -  78 words
    • Article, Illustration
      Lock icon Hello, Bliss Piggy?
      27 11 IFRANKFURT!A trader at the Frankfurt bourse dressed, as a fruK yesterday. Traders rarne to ivork in costumes as fxirt of the ('arnival season. REUTERS
      REUTERS  -  27 words
    • Article
      Lock icon French trade surplus hits record 173b francs in 1997
      187 11 PARIS Figure shows global competitiveness, weak home demand Reuters FRANCE announced yesterday a record 1997 trade surplus of 173.47 billion francs (5547.1 billion) that showed that French corporations were internationally competitive, but also highlighted lagging consumer demand at home. Economists said
      Reuters  -  187 words
    • Article
      Lock icon Lippo denies US campaign fund charges
      257 11 WASHINGTON AFP INDONKSIA's Lippo Group, embroiled in the scandal over improper fund-raising for the 1996 US election campaign, has finally broken its silence and denied any improprieties. In a statement received here on Monday, the familyowned group said: "For over one year, the Lippo
      AFP  -  257 words
    • Article
      Lock icon US posts US$25b Jan budget surplus
      165 11 WASHINGTON Bloomberg THE US posted a larger thanexpected monthly budget surplus in January as the robust economy continued to generate strong revenue putting the federal government on course for its first annual surplus in almost 30 years. January's surplus totalled U5525.38 billion (5541.6 billion),
      Bloomberg  -  165 words
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      93 11 US losing grip in M East, Pg 12 Volkswagen's New Passat 1.8 Turbo. a oa ii thitfs redefining automotive standards. 'JflH jtfJII i "f tit-iSr"Mil tfr M -ta| wjy M ST" c With a fully galvanised body, a 150 *k~-V blip. L'O-valve engine plus front and side nil bags, it's
      93 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      In IT,KL and S'pore can help each other
      746 12  -  THE BOTTOMLZVE OPINION By Kenneth James The writer is BT's technology editor THE current financial crisis is a pain we could all have done without But at least one good thing seems to have come out of it: it s got Singapore
      746 words
    • Article
      IN OTHER WORDS
      110 12 This is a very dire situation we are facing. It's more than 50 per cent gloomy. If the misery deepens, then 'people power can still happen here. But it will be anarchy, not by design.' Jusuf W&n&ndi of the Indonesian Center for Strategic and International Studies on
      110 words
    • Article
      A new Kim at the helm
      665 12 EDITORIAL KIM Dae Jung, the South Korean political dissident and pro-democracy campaigner, today completes one of the most remarkable rites of passage in modern Asian politics when he is sworn in as the country's new president The 73-year-old has survived imprisonment, abduction. sev eral
      665 words
    • Article, Illustration
      US losing grip in M-E
      1362 12  -  Outcome of latest Iraqi crisis suggests Pax Americana in the region is luring rhflllAngftd By Leon Hadar The writer is BT's Washington correspondent SEVEN YEARS after Desert Storm, when pundits were suggesting that the defeat of Iraq and the establishment of the new Pax Americana
      1,362 words
    • Article
      Car Track irrelevant indicator of car sales
      135 12 MAILBOX I REFER to your article last Saturday (BT, Feb 21). headlined "Unseasonally slow .January for car sales". The Car Track is an irrelevant indicator, since annual car sales volumes are determined purely by the supply of certificates of entitlement (COEs), which is
      135 words
    • Article
      WHAT THE OTHERS SAY
      607 12 Tho flxod-rato advantage IF. as looks likely, fixed rate mortgages become a reality in Hongkong, the head of the Hongkong Monetary Au thority will be a happy man. Joseph Yam Chi-kwong has long preached the merits of home loans that carry a fixed rate of interest,
      607 words
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  • Page 12 Miscellaneous
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      308 13 Where to wine, dine and entertain... 2S£''l—" H||R| kttp:// www.ana-kotels.com Not juct seafood either. Visit our home page and you can order ton gilt's inner from our cyl>er selection. Brovse I through the menu, leave us your order and it 11 he ready to pick up !>efore you can say
      308 words
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      Page 13 Advertisements Column 2
      108 13 ORicjiNal INoNyA Rccipc TWO DECADES OLD ~|k At tl«e Luna BSB CoFFee House h Try our famous 1* Lak.su. Mee-Siam. Otak Otak, the tempting Kueh-kueh. Aduit» tl2 00--irhiWi omphmenlarv business Times available while slocks last. For reservations, please rail 733 2081 e*t. 468. AK tmtOMDTH Mi >MWI f'M <»«•>> 11
      108 words
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      Page 13 Advertisements Column 3
      166 13 Enjoy Western dishes and Asian Vienna Open from Gam to lam. its popular buffets for lunch. high tea and dinner are among the bestss C ROW NE PLAZA SiN0»»0»f F.,rnrnl, lit K:>*J HJhL, In Cw* FUtm Hor rruri.ilnmi. plrjit mil 7 I I 79 i 2 JS V«//| ItmtJ. VN.VO
      166 words
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      Page 13 Advertisements Column 4
      343 13 Click vluf't mini ia (fafo "7/Us^'l ClusifitJ this weekend. \—J Kwx&aatasm (j TS BACK! I C /BY POPI'LAR DEMAND, I s WE'RE BRINGING BACK I HI-TEA I Assorted Sushi.Open-face Sand niches I Laksa Yong Tan Foo.Roti Prata I Tim Sum. Assorted French Pastries I Bread Butter Pudding. Local Desserts I
      343 words
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      Page 13 Advertisements Column 5
      128 13 r tmt* i ENJOY 25% SAVINGS s ON YOUR i 2ND DRINK ONWARDS j j AT THE MEZZANINE s CAFE BAR THIS MONTH Join us in our 25th Anniversary Celebrations j SB£rm* j B JLintkirin Siruju/xrr 333 OnJwnl Riud. Singapore *****" J Td: 831 6.286 TUis W«>( H**<? CW*«e R«f«t»r<*nf,
      128 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      815 13 TViVRADIO Premiere 12 11-15 3rd Rock From The Sun 6.30 Kaadhal Pagadai. Dick Behaves Badly. 7.00 Aadalenum.leevanadhi. r T ™™ovations. U-40 Mad About You-On The 7.30 Tamil Seilhi (News)(T) 4.00 kidz Blitz: Alf. Road (See Our Choice). 8.00 Berita 12 r-t te r S J^ b u 12J5 AM NYPD
      815 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      255 13 CRYPTIC CROSSWORD 8 Depression after an attack. perhaps (6) ~~AH" 9 False story about ringleader P®! produces bad feeling (8) I I I I Priest quite absorbed in his re- jjjH~ MB jjH^~ ~~Bjji H 11 Reinforce complaint that's p3 j 12 See great changes in economy ||L_ M lavish
      255 words
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  • EXECUTIVE LIFESTYLE
    • Article
      Optimism over Joseph's Asian tour
      724 14  -  The regional economic situation may look grim but the Really Useful Company is quietly confident of a good run in S pore, reports ben mumroe BEN MUNROE THERE was never any question of Joseph and the Amazing Technicolor Dreamcoat not embarking upon the scheduled tour
      724 words
    • Article, Illustration
      Lock icon Times could be a-changing for Dylan
      868 14 GRAMMY AWARDS 1998 might be Dylan's year though he could lose to another baby boom hero, McCartney LAT-WP [NEW YORK] Which artistes are likely to win at tonight's 40th annual Grammy Awards ceremony, to be broadcast live from Radio Citv Music Hall on CBS?
      LAT-WP  -  868 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      81 14 :l^^ -r t -i J _Ja'r B&', Br J l^_ wp^^ iliPiil C^HS^TR^* JHyStfMH^H^Bn, Wfc^M 'i& rj V i y- I "> i SbJ i-/... Tbe f^, 'l£; -T' %H A**-" s wififfi 'J > »jig- -i- T "-S''»."' V i* mm cycle a carriage Mitsubishi showroom: 241 Alexandra Road,
      81 words
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  • COMPANIES & MARKETS
    • Article
      S'pore to form new institute of directors in 6 months' time
      409 15  -  Move to help raise standards of corporate governance, disclosure Clarissa Tan [SINGAPORE] Singapore will have an institute of directors to help raise its standards of corporate governance and disclosure in about six months' time. Feedback Supervisory Panel chairman John
      409 words
    • Article
      Hong Leong Asia's IPO shares: 90% placed out
      734 15  -  Conrad Raj [SINGAPORE] Hong Leong Asia (HLA) will be the first company in Singapore to place out most of its shares in a public offering in line with the practice in most developed countries and also in line with the recommendations of
      734 words
    • Article
      Time to start breathing life into the bond market
      784 15  -  HOCK LOCK SIEW Louis Beckering A s4oo MILLION bond issue announced at the weekend offers a timely opportunity to the government to begin breathing life into Singapore's moribund bond market. And with shares and property likely to remain captive of the
      784 words
    • Article
      Foreign interest in Asian markets starts to revive
      658 15  -  Bat region has yet to torn the corner, say fond managers Wong Wei Kong ISINGAPOKKI The days of panic-selling in Asian markets apiicar to be over for now, as regional fund managers pan* their cash holdings in fa vour of stocks and
      658 words
    • COMPANIES
      • Article
        Investment income lifts Robinsons interim
        220 16 [SINGAPORE] Retailer Robinson Co yesterday reported a 23.8 per cent rise in interim net profit to $16.93 million, thanks largely to investment income which more than doubled. The company said investment income jumped 144 per cent to $12.2 million because of foreign exchange gains and
        220 words
      • Article
        AsiaMatrix plans rights issue to fund acquisition
        542 16  -  Firm pins hopes for turnaround on $23m purchase of 4 specialist clinics RcfHtrt.s by, Jenny Lam [SINGAPOREI Emerging healthcare player Asia Matrix has proposed a rights-cutn-warrants issue to fund a $23 million healthcare acquisition which could put the company back in the black.
        542 words
      • Article
        Firm restructures plastic mould-making business
        198 16 (SINGAPORE) Asia Matrix has restructured its plastic mould-making business, the company said yesterday while reporting a 32 per cent cut in losses to nearly $2.2 million for the year ended Dec 31. The loss last year marks the sixth straight year the company which was
        198 words
      • Article
        AFP to sell over US$200m US assets
        229 16 (SINGAPORE) Asia Food Properties Ltd (AFP) is in talks to sell several properties in the US for over US$2OO million (Ss32B million) to cut its heavy borrowings, the compa ny said in a statement yesterday. The properties, held through various subsidiaries and affiliates
        229 words
      • Article
        Keppel T&T profit down 27%
        403 16  -  Cause due largely to start-up costs for associate Ml /'V Teh Hooi Ling |SIN(iAPOKK| Keppel Telecommunications Transportation yesterday reported a 27 per cent drop in net earnings to $11.5 million, due largely to start-up costs for its associate Mobile One. Hut the group, which has
        403 words
      • Article, Illustration
        Lock icon Throw-in for Pele
        56 16 [HONGKONG] Soccer legend Pele (left) gesturing in front of a huge credit card held hy (ieoff liruce, head of Cards Asia Pacific of Hongkong Hank, during the launching ceremony of the World Cup MasterCard yesterday. Successful card applicants will have a chance to win air tickets, accommodation
        REUTERS  -  56 words
      • COMPANY Briefs
        • Article
          Lock icon Siam Cement set to post massive losses
          136 16 AFP [BANGKOK] Siam Cement pic is poised to report a massive net loss on the back of huge foreign exchange losses, analysts said yesterday. ING Barings analyst Eric Unchida Henderson said he expected the company to report a 1997 net loss of 48
          AFP  -  136 words
        • Article
          United Int'l NTA down 11.2%
          64 16 [SINGAPORE] United International Securities' (UIS) group net tangible asset backing per share fell by 11.2 per cent to $1.35 for the year ended December 1997. Group net profit rose 51.5 per cent to $11.66 million, due mainly to higher earnings realised from sale of long-term
          64 words
        • Article
          DBS Land's Raffles Centre raises capital
          36 16 [SINGAPORE] Raffles Centre, an investment holding company and fully-owned subsidiary of DBS Land, has raised capital through the issue and allotment of 12 million redeemable preference shares of $1 each.
          36 words
        • Article
          Inno-Pac appoints new non-exec director
          26 16 [SINGAPORE] Inno-Pacific Holdings has appointed Lew Foh Hin as non-executive director while Violet Lee Hui Min has resigned as non-executive director.
          26 words
        • Article
          Lock icon China Everbright shelves mainland devt
          65 16 AFP [HONGKONG] Hongkong-listed conglomerate China Everbright Holdings Co has decided to halt new property developments in China due to oversupply, a group spokesman said yesterday. Given the existing oversupply of property projects on the mainland, China Everbright had decided like many other Hongkong developers to
          AFP  -  65 words
      • Article
        Lock icon KL may review securities laws
        156 16 Reuter |SYI)NKY| Malaysia's chief corporate regulator said yesterday that Malaysia had to consider changing its laws to stop further controversies like that seen when construction giant United Engineers (M) Bhd (UEM) bought a large stake in affiliate Renong Mhd Securities Commission executive chairman Munir Abdul
        Reuter  -  156 words
      • Article
        Telekom net profit falls 2.7%, dragged down by forex losses
        503 16  -  Growth in phone business expected to hold steady tot Meera Tharmaratnam in Kuala Lumpur TELEKOM Malaysia Bhd's net profit declined 2.7 per cent to 1.83 billion Malaysian ringgit (Ss79l million) for the year ended Dec 31.1997, on the back of
        503 words
      • Article, Illustration
        Higher price seen for Bank of Commerce
        450 16  -  bYtnn Eddie Toh Kuala Lumpur THE price tag for Bank of Commerce, which is being wooed by tycoon Rashid Hussain. is cxpected to lie higher than earlier estimates of between 1.2 billion Malaysian ringgit (Sssl9 million) and KMI .K billion. Officials of Commerce
        450 words
      • Article
        No Khazanah link to merger talks
        137 16  -  LETTER TO THE EDITOR Abdul Rashid Hussain Chairman. Executive Committee Mohd Sheriff Mohd Kassim Managing Director Khazanah Nasional Bhd WK refer to your Feb 23 article entitled "Editor blasts politics behind CAHB-RHB merger talks". As chairman of the executive committee and managing director of
        137 words
      • Article
        KL finance stocks jump 7% to 3-mth high
        328 16  -  I¥ Ven Sreenivasan [SINGAPORE] Kuala Lumpurlisted finance stocks surged for the sixth straight day. spurred by expectations that the industry's pace of consolidation was set to pick up. The KL Finance index gained 306.02 points or seven per cent to close at
        328 words
    • INTERNATIONAL COMPANIES
      • Article
        Glaxo, SmithKline abort merger talks
        734 17  -  SmithKline blames Glaxo for breakdown; London shares plnnge, then recover From. Neil Behrmann in London LONDON shares fell sharply yesterday after pharmaceutical giants Glaxo Wellcome pic and SmithKline Beecham pic called off their US$7O billion (Ssl 14.73 billion) merger talks to form the biggest drugs
        734 words
      • Article
        Lock icon Raytheon sells laundry business for US$358m
        200 17 Reuters [LEXINGTON, Massachusetts] Raytheon Co, the third largest defence company in the US, announced on Monday it was washing its hands of the commercial laundry equipment business. Raytheon said it had agreed to sell its Commercial Laundry equipment business for US$35B million (5J594 million)
        Reuters  -  200 words
      • Article
        SIA Engineering, Rolls Royce in tie-up
        254 17 SINGAPORE Airlines has ticxl up with Rolls Royce in a ftir ther bid to take a chunk of the aircraft engine overhaul and maintenance business. The carrier announced yesterday that its subsidiary Sin gapore Airlines Engineering Company (SIAEC) has signed a memorandum of understanding
        254 words
      • Article
        Lock icon Regent Pacific eyes Daeyu as takeover tool
        195 17 Bloomberg (SEOULI Regent Pacific Group said its investment in a South Korean securities firm could become a vehicle to launch takeovers in the country. The Hongkong-based fund management company agreed on Monday to buy 22 per cent of Daeyu Securities for US$lO million
        Bloomberg  -  195 words
      • Article, Illustration
        Lock icon NatWest second-half earnings fall 73%
        459 17 Results hit by private banking woes, Asian loans; but foil-year profit still np 56% Bloomberg LONDON) National Westminster Hank pic's implied second half net fell a worse-than-expected 73 per cent as problems with private banking and Asian loans exacerbated an "awful" year in investment hanking.
        Bloomberg  -  459 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon US hedge fund managers lagging markets this year
        557 18 Average macro fund has climbed just 0.56%, compared to the S&P 500's 7% Bloomberg [NEW YORK] The biggest hedge fund managers haven't kept up with markets so far this year. George Soros' flagship US$9.3 billion (5515.42 billion) Quantum fund gained about 0.9
        Bloomberg  -  557 words
      • Article, Illustration
        Lock icon Banking on capital market
        57 18 [QINGDAO, Shandong] A woman waiting outside the entrance to the Bank of China in Qingdao, eastern China s Shandong province, on Sunday. China's troubled state commercial banks may be able to get out of hot water with the help of the capital market and stronger risk-prevention
        AFP  -  57 words
      • Article
        Lock icon Rabobank gets branch licence in Shanghai
        143 18 AFP [SHANGHAI! Rabobank of The Netherlands has received a licence to open a branch in Shanghai, the bank's chief representative in Shanghai said yesterday. "We are scheduled to open the branch in Pudong in August but the opening date could be brought forward if
        AFP  -  143 words
      • Article
        Lock icon J P Morgan to axe 5% of its staff to cut costs
        308 18 Bloomberg (NEW YORK) J P Morgan Co plans to fire about 700 people. or 5 per cent of its employees. to cut costs. The cuts, which a company spokesman confirmed, come after the bank has built its securities
        Bloomberg  -  308 words
      • Article
        Lock icon Enron seeks investors for US$5 fund to support projects
        218 18 Bloomberg I HOUSTON) Knron Corp is seeking investors for a US$5 billion (SsB.3 billion) fund that would back energy and other projects in developing markets. a person familiar with the solicitation said. The largest US natural gas and electricity trader is
        Bloomberg  -  218 words
      • Article
        Lock icon Euroyen lower on profit-taking
        212 18 SEKEXBeport Reuters (SINGAPORE) Slmex Kuroyen futures softened yesterday as traders booked profit on the previous day's sharp gains, but dealers said the downside was cushioned by a steep drop in Tokyo stocks and dwindling fears of fiscal spending "The Kuroyen's on the low side because of
        Reuters  -  212 words
      • Article
        Property ruling pulls prices lower
        161 18  -  MSCI TAIWAN FUTURES Cecilia Loh Service Dealer, Refco Singapore Pte Ltd (SINGAI'OKKI Tho Slmex MSCI Taiwan Stock Index fu turns contract and tho Talcx fell yesterday, following reports that restrictions on foreign ownership of Taiwan property will still be enforced. The February contracts were trading
        161 words
      • Article
        Lock icon Oil still depressed after weak rebound
        256 18 ENERGY REPORT Reuters (LONDON) Oil prices staged a half-hearted bounce yesterday but remained severely depressed after a market drop that left producers licking their wounds. Crude sank below US$l4 a barrel on Monday for the first time in nearly four years. April Brent crude
        Reuters  -  256 words
      • Article
        Lock icon CURRENCY REPORT
        276 18 AFP, Reuters London THE US dollar traded within narrow margins as operators decided not to take positions ahead of remarks to be made to Congress by Federal Reserve chief Alan Greenspan. The dollar was trading in early afternoon at 1.8004 marks against 1.7995 in the morning and 1.7933
        AFP,; Reuters  -  276 words
      • Article, Illustration
        Untitled
        1170 18 IMTERBAlfE CROSS RATES Feb 24 hi —k ECU Fir HK$ 1—»sNMi V- Ml 'itfSNfcti Em S$ »mi $t FT* 9M Hmi *4 Australia 0.949 4178 0.607 4.019 LI99 5162 26.153 63.803 0.8S3 8021 2519 1158 29.397 26.107 1.092 1290 8968 ***** ***** 8485 8586 Canada 1054 5.827 0.639 4.235 L263
        1,170 words
    • COMMODITY PRICES
      • Article
        Untitled
        1380 19 SICOM FUTURES Feb 24 UNO (Mm cMM a 4 SJOpa) BSSICOmuatScwtWH) Om «Dw OpM M—tt Lm Wtt ftmmmi kHmut m n t2iso ***** eiso 2s bo Apr ft 02.00 132.00 129.75 1350 2S2S M*N O2J0 M0 4275 Jm 90 ***** 3225 90 M2J0 HL25 HLSQ 300 4«95 Oct/tK 91 150.25
        1,380 words
      • Article
        Lock icon TOKYO
        1625 19 AFP Q Nikkei 225 -jjL» SHARE prices ended 2.5 per cent lower yesterday, as concern over the economic outlook grew following Moody's Investors Service's downgrading of a major Japanese bank. "Share prices accelerated their drops in late trade after Moody's downgrading of Fuji Bank, while dealers moved to sell
        AFP  -  1,625 words
      • Article
        WORLD STOCK MARKETS
        2172 19 MM 3i Cnm 527 *5 ABParts 306 3 AMoyNabonaf 1285 *19 AMedDomacq 554 -t •mc Mi J AsdaGroup 205 *400 ■ATM 595 MAOO BG PIC 323.400 6200 BKC 130.400 L600 BOC Group *20 *2 BR PatrotMO 801 -4 rr* «2 xboo M1 ScMM 700.400 *2*600 Barclays «51
        2,172 words
    • Article, Illustration
      Lock icon HONGKONG
      1661 20 AFP Q Hang Seng -LB7 SHARES closed slightly lower yesterday amid mild profittaking following the annual results of banking giant HSBC Holdings and the downgrading of the ratings outlook of two big property developers. "The market is digesting the gains of the past few days," said a trader. He
      AFP  -  1,661 words
    • Article, Illustration
      Lock icon CHINA
      634 20 AFP PI Shenzhen B Index *176 THE Shenzhen B share market closed higher yesterday on the back of robust gains by Shanghai-listed B shares. The B Index advanced 3.76 points, or 4 per cent, to 98.08 as turnover expanded to HK$32 million from Monday's HK$B.4 million. "Shenzhen stocks were
      AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  634 words
    • Article
      Lock icon TAIPEI
      405 20 AFP QWP Index -8054 STOCKS fell 0.9 per cent yesterday on profit-taking and higher interbank interest rates, with paper and transportation sectors posting the biggest losses, dealers said. "Many investors rushed to take profit," said an analyst. "Higher interbank interests rate have also tighted liquidity in the market." The
      AFP  -  405 words
    • Article
      Lock icon WELLINGTON
      265 20 AFX-Asia Q Wellington +BJ3 SHARE prices closed higher yesterday, rising 0.4 per cent, with the market led up by buying interest in leading stocks, dealers said. The NZSE-40 Index closed up 8.13 points at 2.266.84 on turnover of NZ$6B.l xmillion. Telecom Corp rose 15 cents to NZsB.ls.— AFX-Asia r«*M
      AFX-Asia  -  265 words
    • Article, Illustration
      Lock icon BANGKOK
      955 20 AFP n SET Index -4.76 SHARES closed 0.9 per cent down but off its lows yesterday after investors stepped back into the market buoyed by Bangkok's latest pledges to the IMF, dealers said. But nervousness over an oil tax hike passed by the cabinet and the stark admission that
      AFP  -  955 words
    • Article
      Lock icon SEOUL
      463 20 AFP Q Composite Index -117 SHARE prices closed slightly lower yesterday as investors locked in profit on recent sharp gains, dealers said. "Today's fall was mainly due to profit-taking, and with less buying interest by foreigners." said a dealer. "Investor optimism about the incoming government has largely been factored
      AFP  -  463 words
    • Article
      Lock icon SYDNEY
      630 20 AFP Fl All Ordinaries *ILI SHARES rose 0.4 per cent yesterday amid keen interest by institutional investors and a strong banking sector encouraged by the ANZ Banking Group's announcement of substantial job cuts. The All Ordinaries Index rose 11.1 points to 2.666.2. Turnover was 276.8 million shares worth A
      AFP  -  630 words
    • Article, Illustration
      Lock icon JAKARTA
      709 20 AFP Q Composite Index -10J5 SHARES dipped 2 per cent yesterday on concerns over the possibility the government might peg the rupiah to a single hard currency, with blue chips taking most of the fall, dealers said. "There is a perception that the currency board system is going to
      AFP  -  709 words
    • Article
      Lock icon MANILA
      337 20 AFP Q Manila -IU2 SHARE prices closed 0.7 per cent lower yesterday after Standard and Poor's lowered the country's ratings outlook, amid prospects of govern-ment-ordered lower rates for two index issues. The Philippine Stock Exchange Composite Index fell 15.22 points to close at 2,100.78. Turnover was 1.12 billion shares
      AFP  -  337 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares close higher on Daim comments
        572 21 AFX-Asia n Composite Index +9.38 SHARE prices closed higher yesterday with Financials leading gains on the back of government economic adviser Daim Zainuddin's remarks seen as suggesting that non-Malays be allowed to acquire Malay-owned firms. Dealers said such a move should be viewed positively
        AFX-Asia  -  572 words
      • Article
        Untitled
        9386 21 INDUSTRIALS Consumer products 1990 List Vol Day Net Cap HHIl L— CiWQ—v M« 'POO H>» Law P/t imM 310 180 AJinomoto 260 -14.4 148 73 Angkasa 128 8 203 128 120 3.0 188.7 290 123 Apollo Food Mlg 240 15 20 240 225 7.0 98.0 388 190 Berfaya Land 368
        9,386 words
    • WARRANTS & OPTIONS
      • Article
        MIDF wrt: enter with caution
        194 22  -  WARRANT WATCH By R Sivanithy MALAYSIAN financc counters have sprung into life recently as players have latched on to speculation that there will be widespread mergers within the industry. As the March 31 deadline for these mergers draws nearer, this activity is expected to increase,
        194 words
      • Article
        Untitled
        3445 22 BONK, LOANS ft VARIANTS 1997/9# Last Vat Day Last Qwta A** M* Lav SIM Cimpaay Sato Mr rOOO» Ht«ft Lot Bvyar Sa8ar PHea 6S 9 m 3000 mAM08c53»*****6 -18.5 *1 87 19 173 16.5 19 81 8 3160 "Acar ******1USS 16 H>.5 79 16 16 15.5 16 131 a5 3164
        3,445 words
    • Article
      CLOB INTERNATIONAL
      2131 22 Transaction Date :Feb 24 Or Gr mum urn v* oa* mm n* ot* rm mm mc<» >8» L— »aa C—p—F f000> L— 8a»ar M» O W I— "473 a ms sooo *a>«n m hi 2423 *7 w w si u a* 4ti mo or izsmisooi amossoc 52 *4
      2,131 words
    • Article
      STOCK EXCHANGE OF SINGAPORE
      1821 23 TURNOVER {'000) VALUE ('000) M«M Clot T(X«1 Mn Clot Total Industrial 87,033 154,183 241.216 103,918 104,227 210,145 Finance 8.101 132,962 141,063 57,821 102,194 160.014 Hotels 993 4.927 5.920 1.657 2,565 4.222 Properties 18.080 84.652 102.732 40.013 41.505 81.517 Plantation 15.062 15.062 25.085 25.085 Mining 3.408 3,408
      1,821 words
    • Article
      MAIN BOARD
      6069 23 Transaction Date: Feb 24 Or Cr M wt 1997/98 Last Vol Day Lut Oust* ON Oiv VM Net Cap Avg High Low StNo Company Salo I'OOO) High Low Buy*' S.ll.r H C'yr H P/C Jmil Price INDUSTRIALS 157 18.5 e 1020 ACE Dynamtcs60c 37 -I 218 38 5
      6,069 words
    • Article
      SESDAQ
      1234 23 Cr Or M Wt IM7/M Lnt V*4 Day Latt Ouolo D+y Dly YM Not Cap Ml«h Low SINo Company Solo COOOI Ml*h Low Buy or SoHor Cyr P/t $m* Prtco SCSOAO l«« 76 o ?000 Ak» Mld<|* 1c 101 101 KX> 10 60 01 1400 46.7 107 44P f*
      1,234 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        HOT STOCK
        58 24  -  by Shiv Tanega INSAS BHD closed 11.5 cents higher yesterday at 52 cents on a volume of 14.1 million shares, compared with its 10-day traded average of 4.6 million units. In the near term, the counter is likely to experience selling pressure. But the longer-term outlook is positive,
        58 words
      • Article
        Untitled
        221 24 Stocks Volume •*Bf Capital 53.326,000 lerjaya Croup 23,486.000 •Renong Bhd 50c 23,457.000 •Mlf HMgs 50c 21,396,000 EasytnH HKIOc 21,222,000 'Rekapacific Ml 20,930,000 •tosasBM 14,060,000 *MBF land Btwi 13.465,000 *M Resources 13,326,000 •Kemayan Corp 12.449,000 Stocks •*Bf Capital 41,996,305 DBS Foreign 21,907,055 *Renong BM 50c 18,010,590 •NBT 17,310,420 SPH Foreign 16,789,847
        221 words
      • Article, Illustration
        'Merger mania' hits Malaysian financial sector
        644 24  -  STOCK MARKET COMMENTARY News of approval for Public Finance to have merger talks with Kewangan Industri leads players to believe several other deals are in the offing R Sivanithy [SINGAPORE) It was "merger mania" in the Malaysian finance segment yesterday, after news that Public
        644 words
      • ON THE GRAPEVINE
        • Article
          KLSE to open up to foreign firms?
          80 24 WE HEAR that a meeting is being held on March 12 in Kuala Lumpur to discuss a modified version of the Singapore's International membership for foreign stockbroking firms. The concept essentially involves giving firms with investment advisers' licence, which currently operate research offices,
          80 words
        • Article
          Safest option?
          87 24 A PARTNER In a Singapore boutique fund management firm was asked why he had decided to strike out on his own after many illustrious years with a major blue-chip institution. This is his reply: "If you are in your oarly 40s and you have money to Hpend, there
          87 words
        • Article
          US role in Asian crisis criticised
          139 24 THE US is playing too prominent a role In dealing with the Asian financial crisis, a Dutch financial newspaper quoted the Dutch finance minister, Gerrit Zalm, as saying. Mr Zalm said the International Monetary Fund (IMF), and not Washington, should have the function of
          139 words
        • Article
          Graphic example of CEO commitment
          191 24 SILICON GRAPHICS is the company whose powerful computers have been responsible for creating many of the dazzling special efTocts you see in films. But lately, it hasn't been doing well at the financial box-office. Now the pundits are saying that the company's recent appointment of
          191 words
        • Article
          Baby boomers
          63 24 WITH the lights off in Auckland, by and large, since Feb 20, astute investors may consider going long on futures contracts in commodities like diapers, dummies, feeding bottles and little woollen booties. Chances are, if the outcome follows the pattern in New York some years ago, there will
          63 words
        • Article
          Deutsche gets ex-Goldman Sachs man
          65 24 DEUTSCHE BANK has appointed Frederick Chang as General Counsel Asia with responsibility for legal and compliance in Asia. He will report regionally to John Ross, chief executive officer, Asia Pacific, and functionally to the group general counsel. Mr Chang was previously with Goldman Sachs Co
          65 words
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      Page 15 Advertisements Column 1
      18 15 ISc? Hong Leong Asia Price $1.63 Ratio 6.4-4 x N T A per snare 89cents industry Bldq materials
      18 words
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      Page 15 Advertisements Column 2
      135 15 GET TO KNOW THE BUSINESS r W M 1 Tlxtv 25 CYC Vouchers worth S$ 150 each to I I I 1 be won tins wvek. Aikl a Grand Prize Draw nt March with 555.000 worth of CYC Vouchers Ktst follow the luiit and send in your entnes to: MacPhcrson
      135 words
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      Page 17 Advertisements Column 1
      149 17 powerhouse. niGITM/s ultra-last, sealeahle W inflows \T Jb I i* 1 s f ser\ers offer unrivalled price/pciTorinance and high J j a\ailahilit\ across the entire spectrum of mission-critical J«- i > im applications. Belter still, the smooth integration ot >our 1®;«' i i I \l\ en\ iron incut with ind»»ws
      149 words
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      263 18 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. CATS. Another Classified Service miiMiiyiuttuifisiiiiiiiii Corporate groupt will mnfoy WL A L TI A I O (conditions apply): I I 1 Free use ol meeting room inclusive usoge o» I V I I I
      263 words
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      Page 18 Advertisements Column 2
      26 18 n I ounc l a car P°°l wSStmm through The Straits 'Wi Times Classified. '3flf They help me fl| do my part to the earth. J
      26 words
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      Page 20 Advertisements Column 1
      63 20 I'd like to place an I A buyer I love this car V advertisement to J I the very I f that I found my next day.V^— I through j f tra ts Times J vroom... classified/ Buyinti or selling through WK whata J CHf U The Straits Times Classified
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      33 22 Citibank Margin Trading Account. Trade in the Widest List of Marginable Securities. Call 339-7126 Now. THE CITI NEVER SLEEPS Branches at I Shenton Way 268 Orchard Road 21 Jurong East St 13 www.citibank.com.sg
      33 words
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      Page 24 Advertisements Column 1
      446 24 Notices To advertise call toll-free 1800-741 1883 A SAVU PROPERTIES LTD 5550,000,000 SECURED FLOATING RATE Notes Due 2002 In accordance witfi the provisions of the Notes, notice is hereby given that for the six-month period from 251h F«b»uary 1998 to 25th August 1998 (181 days), the Notes will carry a
      446 words
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      Page 24 Advertisements Column 2
      801 24 f IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 XMTLKGnUDWGWtLn) j NOTICE IS HEREBY GIVEN that J pursuant to Section I) of the l Companies AcL i meeting of the creditor* of the abovenamed company will be held a( 4158 Jalan Brvjf Singapore 3tW)ll un Monday If* 16* dr.
      801 words
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      Page 24 Advertisements Column 3
      312 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF QCI MARKETING (SINGAPORE) PTE LTD ON MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes ot an Extraordinary General Meeting of the members of GCI MARKETING (SINGAPORE) PTE LTD hekl at 8 Robinson Road #08 00. Cosco Building.
      312 words
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      Page 24 Advertisements Column 4
      101 24 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. The right time, because our special features are specially planned to coincide with specific events,
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      299 25 Bridge News, Reuters TRADING was very slow to resume after the weekend and brokers are not expecting much to happen over the next few days. Fixtures TANKERSt There was a steady flow of business reported in most sectors of the tanker market. The big ships from the Persian
      Bridge News,; Reuters  -  299 words
    • Article
      MARITIME STOCKS
      282 25 '•24 *h CWT Otatrlbudon OM5 *0.019 ChuanMup 0.44 *0.02 42 COKO m»aMl»a«il .0.815 *0.02 FrMtt Links 0.33 *0.009 20* CtHtMMl 0.31 HuSunHup 0 60 unch 257 Hitachi Zosan 0.629 *0.01 25 IMC HoMtoQS HM 5.60 JayaHoMngs 0.42 *0.02 92 Juroog Shipyard 8.09 *0.10 142 KappaiCorp 4.56 *0.04 855
      282 words
    • Article
      Far East-Europe trade sees almost full utilisation
      517 25  -  Bat falling e&stbound volumes due to Asia crisis is leading to trade imbalance By. Marcus Hand [SINGAPORE) In a time of economic doom and gloom, shipping lines on the Far East to Europe trade are operating at almost 100 per cent capacity spurred
      517 words
    • Article, Illustration
      Lock icon PSA's new terminal seeing brisk business
      168 25 [SINGAPORE] PSA Corps newly opened state-of-the-art Pasir Panjang Terminal (PPT) is already experiencing a brisk pace of operations, less than four months of its opening. The terminal has handled over 120 vessels and chalked up 15,000 TEUs (20-foot equivalent unit) since it started operations
      CHRIS LOH  -  168 words
    • Article
      Good maintenance rewards shipowners
      752 25  -  STRAIT TALE By\ Seafarer WITH luck, the really hungry times of the mid-1980s are not about to revisit the shipping industry. But talk of laying up and scrapping of older tonnage is once more being heard in the boardrooms. Demolition prices have so far held up
      752 words
    • Article
      Lock icon Power crisis: Auckland port coping well
      172 25 Reuters (AUCKLAND] Ports of Auck land, whose share price has been depressed in recent days as the port has been under pressure from the city's electricity crisis, said yesterday its container terminals were coping well with cargo. In a statement, the compa ny said
      Reuters  -  172 words
    • Article, Illustration
      Output and value-added rise
      964 26 SINGAPORE'S MARINE SECTOR This is an extract from the Economic Development Board's year-end review of the engineering industries The value-added per worker has risen 5.6 per cent to $34,725 in 1997, reversing the declining trend in value-added per worker experienced since 1993. SINGAPORE'S marine industry, which
      964 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      364 26 PACE Evergreen 6 ANL 3 FL-Bright 15 Accord 8 w Ahrenkiel M tongSun 6 Appenship 5 Froti 15 Asm OCL IS Frt links 16 Astro 3 CLk 4 Austral 9 Gemartrans 8 Avant 16 Genshpg 9 «tang Mas 8 Glory Ha* 16 BSA
      364 words
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      SHIPPING GUIDE
      18401 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyag* Tuepnon* ETA ETA Advertiser »mn Voyage »i»pro"» SIN Oest'n Nam# Nam* Number Number SIN Oest'n Nam* Nam* Numb*r Number ***** 23/03 Evergreen E GUIDE 0054 015W MINIM A 28/02 20/03 MISC NO HONGKONG 0IMB0* 15 .'.'0IV2 To ABIDJAN (ABJ) 2003
      18,401 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        804 41 Vtsstl Voy No Berth Arrival Departure •&*<> *37 '"iM «on«siM 25 02/2300 *s**«™tory 0 JOT *on<ji.M 2702/800 Utm l*i *****8 JOS 2102/0*00 Bt 022m J01 nooqva. 29.02/0000 «f«* *****8 JOI nvnqvto 2102/0)00 Bt P4 N0795 *****8 J01 (ton** 25 02X300 ■unt *ta« 04/98 J02 MongvM 25 02/0600 «»IN
        804 words
      • Article
        CONTAINER SCHEDULES
        1734 41 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Booking/Mane* Itstls Ship Voy No Etb/Btr Period From To From Ul4t Otll 27/2359 U 24/1900 24/1*99 24/1*00 MM 24/145* 24/1900 2* 24/1700 29*09* 2V0W0 21 24/1700 25/0459 2 V 0900 25/0700 25/1159 25/UOO 4 25/1200 25/V459 25/1700 UtwT I002K 21/2100
        1,734 words
      • Article
        GLOBAL HOLIDAY
        206 41 Mar 2 Greece: Orthodox Lent Monday. Mar 17 United Kingdom: St Patrick's Day. Mar 20 Japan: Vernal Equinox Day. Mar2l Mexico: Juarez Day. Mar 26 Greece: Independent Day. Apr 0 Hong Kong: Ching Ming Festival. Apr 7 Brunei: Hari Raya Hajl Malaysia: Hari Raya Hajl. Apr* Denmark: Maundy
        206 words
      • Article
        COCKETT BUNKER MARKET REPORT
        875 41 THIS report. compiled by Cocked Marin* Oil Lid. shows price ranges In US dollar* In itrad of tingle prion for more comprehen »lv» description at the market Price* ahown are bated on average (lied stem Market movement* are Indlcat ed The Cockett Bunker Price Index change
        875 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        509 41 C«tM 180 Mai 1016.5 0.8 M.1 0.14 106 0.0S F«8 19 PmWr "atar NtMw* Am AKumntum No tbov* £25 S 0 0 4 1 0 «M/M 380 AM 984.3 0.4 13.0 0.06 26 0.01 tin* MO Mai 992.0 1.0 14.9 0.14 48 0.04 ,WI m, Wo
        509 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Airbus upbeat about Asia's aviation growth in next 20 years
        678 42  -  ASIA'S PREMIER AIRSHOW OPENS It's not amending passenger growth forecast despite regional crisis Reports by Felix Chan [SINGAPORE] Europe's Airbus Industrie maintained its bullish outlook for aviation growth in the Asia-Pacific region over the next 20 years despite the region's
        ARTHUR LEE  -  678 words
      • Article
        SIA unit, Rolls in engine overhaul deal
        339 42 They join forces with Hongkong firm in their second snch venture [SINGAPORE] Singapore Airlines Engineering Company (SIAEC) has signed a memorandum of understanding with Rolls-Royce and Hongkong Aero Engine Services (HAESL) to form an engine overhaul and maintenance venture here. The yet unnamed
        339 words
      • Article
        Fall in Asia engine options seen
        267 42 [SINGAPORE] British aero-engine maker RollsRoyce said yesterday it expects a drop in the number of engine options exercised as Asia's economic crisis forces the region's airlines to take up fewer aircraft on options. "Clearly we are going to see a reduction in the number
        267 words
      • Article, Illustration
        Bombardier sees untapped potential in Asia-Pac
        331 42  -  David Boey (SINGAPORE! The world's third largest civil aircraft maker, Bombardier Aerospace, sees the Asia-Pacific holding untapped potential for it to boost its corporate aircraft sales. At a show and tell session held for the media yesterday at the Asian Aerospace exhibition, John president
        331 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1636 42 CUT FLIGHT ETA FLIGHT ETD H09S 2235 Abu Dhabi 0*157 2025 ***** "30 Adotald. 502)0 1920 ***** 0110 Amsterdam ***** 0820 5032$ 2330 Frankfwrt S025 0455 M730S 2255 *1837 1540 KL838 2335 LM786 1645 0F05 2255 Aackla* N***** 2045 N***** 2045 JJ jf" S0286 2045 *****
        1,636 words
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      1019 26 I NORTH AMERICA 1 I EXPORT I I OTHER DESTINATIONS I WX-lUEl—irniPWM-o—CTTOLA i« \amci wnv>ct TO wmt oo**t jpura ,mmwca/a«a amdmo pi mm mhvw W WT maw jin an tM m. MOM ok *t wcocootr ma wy J cnuo to wwow urnmuu »ti*uuftc OOPMJMIIU *****9 25/91 I 25/02 13/03 17/03
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      Page 26 Advertisements Column 2
      620 26 Unes 4 'epfeser*ed if.. w /•JBAA Jhm Menoefs of the I'BQIII by Merr-c«rs c# ire fteg^tr/rf HjTl Sogaoore F«e«grTt Forwarders Acceoieo SfapCfcng Agents mJUm Association xmy Sngacore Shooog Assoc aKr around Place an ad in... Shipping Times Just talk to us... Iris Lim 740-2044 JaiTod Leong 740-2089 EXPORT 3 x
      620 words
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      Page 27 Advertisements Column 1
      1141 27 TO EUROPE FROM EUROPE VESSEL VOY SIN RTM ANR HAM BRV SOU FXT UH" VESSU VOY RTM ANR HAM BRV SOU HI IEH SIN ELBE SOU 26/02 21/03 18/03 19/03 16/03 DANUBE 6066 OJ/02 03/02 07/02 26/02 NOi IRIS 1088 27/02 IS/03 17/03 20/03 21/03 HYUNDAI FEDERAL4O6B 06/02 07/02 10/02
      1,141 words
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      Page 27 Advertisements Column 2
      2385 27 I (g) HANJIN SHIPPING USA CANADA* ft* VSI/VOY [TjuT SM UNI HAUI/VPY 5T~| TTW DCN POI (HI MSP PTT DTT M£M PHI IWI TV» TW TTZ H. SIATTUOAH IjlMl W/W~ 21/03 22/03 n/03 23/03 23/03 24/03 33/03 25/03 25/03 26/03 72/03 26/03 M/ 03 LONDON 0201 27/02 01/03 C MOSCOW/102!
      2,385 words
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      Page 27 Advertisements Column 3
      111 27 ORIENT EXPRESS LINES (U.K.) LIMITED I gjgj (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE 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 Oil 15/02 27/02 SS SINGAPORE 100 02/03 11/03 NORDKAP 423 18/02
      111 words
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      1658 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDH'ERRANEAN/CANADA VESSEL VOY BP UH NTH AMI NAM WW FU VCTMI WT WW JIO W W FOS W.C MTN HJ BARCELONA WMOt 14 tt 13 M IS S3 UN 17 N lIH ltd IMZAIOOUN WIMII 7107 11 03 17 8J H0370 03 77 M
      1,658 words
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      Page 28 Advertisements Column 2
      1256 28 MY internet Web Site //www.yml.com.tw foUHXiUi E-mail Address csohp72O.yml.com tw IJ lit W<!'l !FTI!'! H>?' ill'' J ifl j'l I' J ft!" E» IJ*Hi j J I MI Hi'Wm TWICE weekly every THURSDAY ■sunoay VESSEL VOY SIN CMS RTM HAM FXT LEH ANR DOVER BRIDGE ABOSW 27/02 03/03 21/03 19/03
      1,256 words
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      Page 28 Advertisements Column 3
      573 28 ».^JESSELTONTINE TEL: *****56 FAX: *****12 ~MUARA~ LABUAN VESSEL VOY no ETA VESSEL VOT ETO ETA SPORE MUARA SPORE UN APRIL GLORY VOH/98 SLO 2S/02 *«HCLORY VOSI/98 SU> 28/02 J. PROSPER VOM/98 27/02 02/03 J PROSPER V0«/98 27/02 03/0J APRIL GLORY VO6I/98 04/03 07/03 APR* GLORY VOM/98 04/03 06/03 J. PROSPER
      573 words
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      Page 29 Advertisements Column 1
      1231 29 IVESSEL VOY SIN BKK POU PKO PEN BLW BUR BA BIK IRAN SHOJAAT PJL-1271 10/03 18/03 BAN TEYFOURI PJL-1273 17/03 20/03 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 AGENT
      1,231 words
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      Page 29 Advertisements Column 2
      1807 29 TO EAST WEST AFRICA (VIA DURBAN) EVERY FRIDAY 6 SHENTONWAY TIL 226 1900 COSTAR SHIPPING PTE LTD #17-01 oisbidg SAUS/IKGS 4205M1/43 INWARD DIPT (D/OI *****85 COSTAR AGENCIES (M) SDN BHD |CR NO: **********0 M TOWIH TWO (*****9) CONVENTIONAL *****50/55 T/SHPMT DtPT *****25 TIL: 02-07-35 ***** FAX: 02-07-*****70 W/VOT sgp w
      1,807 words
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      Page 29 Advertisements Column 3
      601 29 EASTERN CAR UNER, LID."-si, sXt« |_U ia (swgapoih) nt itd SSSZ I SPECIALIZE IN RORO A HEAVY UfT OPTO 122 TOWS ECI (SINGAPOftE) PTE LTD LOADING FOR CHIT^TONG/CALCUn A PORT KLANG mv MV "TERESA PRESTIGE" V.17 ETA S* 26/02/98 /qj ETA CTG 05/03, 08 ETA StN 26/02, 98 ETA PKL
      601 words
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      Page 30 Advertisements Column 1
      1438 30 EUROPtAiK/SCAMD<NAVIA/FIWLAKD/WUB>IA SGP RDM ANW HBG THP ZEE LHV LHV THP ROM ANW HIG P*L SGP E DAINTY RW-OM 21*2 20*3 25*3 21/13 23/03 24*3 25/03 E GROUP RE 057 2MI 2MI JO/01 01*2 24/02 2V02 E RESULT RW-011 07/03 27/93 01/04 20*3 30/03 31 A3 01/04 I GLAMOUR RE 054
      1,438 words
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      Page 30 Advertisements Column 2
      909 30 amMAC-NELS S'PORE M'SIA I Carrier MM CONTR LINES, INC I~IV/Y~ J CW MOi IMOT7MOOM SIBU: (064)*****9 MANILA: (632) *****61 W PENANG: (04) *****36 BANGKOK: (882) *****67 SURABAYA: (31) *****0 P. KELANO: (03) *****77 JKT (21) *****07 MDN: (61) *****3 KUOHNG (062) *****1-3 MANILA GINOA/IARCIIOMA/lIHARVI MV "ANRO TEMASEK" V.2BN MV "EMPRESS
      909 words
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      Page 30 Advertisements Column 3
      391 30 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL I VOY I SIM I PUI I DU» I CFT I »7uT GOLDEN MAGON 003S 01/03 11/03 15/03 U/03 ■Mm piuwcess o?os 01/03 23/03 27/03 NAMUIQOEEN 026S 17/03 2S/03 2V03 02/04 04/04 NAKTAID4UGOW 005S 30/03 09/04 13/04 17/04 WAIITAi PWWCE
      391 words
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      Page 31 Advertisements Column 1
      616 31 r, ~BSA i*. mm. MYANMA wBBk FIVE STAR LINE (Myonmar National Lint) Loading for Yangon (Rangoon) VCSSCL VOY SIN PKG PIN PGU HPA-AN 242W SID MERGUI 142 IN PT MALAYSIA AGENTS: lOUSTUO SHIPPING AGENCIES KUI: TEL 02 03-*****00 PKL TEL 02-03-*****01 PEN: TIL 02-04-*****02 PGO: TEL 02-07-*****21/4 BANK LINE (A
      616 words
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      Page 31 Advertisements Column 2
      1385 31 A. HYUNDAI MERCHANT MARINE CO. LTD. IVESSEL VOY I SIN I SOU I LIN I RTM I ANT I HAM I ORV IHI IVESSEL VOY I SOU lUH 1 RTM ANT I HAM ORV PEL «N I HY GENERAL 310W 23/02 11/03 12/03 14/03 14/03 14/03 17/03 HY COMMOOORE 3IOE
      1,385 words
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      Page 31 Advertisements Column 3
      1012 31 norwggon speaofced autocornen JS?™ ct (J)°)§(°](3 TO NORTH AND LATIN AMERICA fVISSEi VOY RAMP HEIGHT SIN LAX CRI MIA SAV BAL ORF NYC HTW MOI TAJKO FBOT~ 400 Tom 6.3 M 617 M 28/03 ***** 08/04 10/04 12/04 ***** M704~ 19/04 20/04 TOURGOING FBO6 400 Tom 6.3 M 17/03 10/04
      1,012 words
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      Page 32 Advertisements Column 1
      985 32 BANGKOK/ LA E M CHABANQ JAKARTA/PAN JANQ VESSEL VOY SIN BKK LCH VESSEL ~~VOY iIN JKT PJN BANI BHUM** 86N In Pt 28/02 01/03 XETHA BHUM 22SS 26/02 28/02 SINO OCEAN OCNQS7 In Pt 28/02 XETHA BHUM ***** 26/02 28/02 MATHU BHUM 359N In Pt 01/03 GURU BHUM' 87S 28/02
      985 words
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      Page 32 Advertisements Column 2
      400 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD. SINGAPORE 0206 TEL: *****88 FAX *****64 TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI I Plntulu Mu«n MM VOT S!M |I¥ *|Wll m SIN iUA IW« WBO4E 01 07/03 04/03 VWO3f 0344/03 09/03 llMoit V9BOSC 06OT/03 14/03 MM V 9804(
      400 words
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      Page 32 Advertisements Column 3
      650 32 A/iccord SHIPPING PTE LTD TIL *****15 (40 Un*s) FAX *****30 ntT KLAMC (03) 367 1001 DINECT ACCESS TIL *****55 (EXPOUT ROOKING) MIK OUDtHC (07) 3SI 1377 *****34 (IXPOUT DOC), *****39 (IMPORT) HHAhQ (04) 337 1443 UNLiMTTP://WWW.ACCOAD.COM.SG JAKAMTA (Jl) ******0 NAM foot m sin pom iu $m port m sin port
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      386 33 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SBW-COWTAIHERtSED SERVICE ~*si voy TtoSe|a oam/h dam h burg brenen Antwerp A VESSEL 42W8 _2t_»£_| 27/3 1/4 OMIT 5/4 TO AUSTRALIA ~1 FULL CONTAINER SERVICE VSL «OY_ 'BFSr FRt UK SYD MR MA AOL FRE AUST EUTERPWSf VI2S 2MB 2MB OMB IMB IMB IMB
      386 words
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      Page 33 Advertisements Column 2
      846 33 CagggPff PACIFIC INTERNATIONAL LINES (PTE) LTD^ I 8140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO: **********0E a» 9» |W a, ro, w, us, I^l MfIA«QM 14! ill 111 UZ3 nil *4/3 M/ 3 SZl_ lift MJ Litf 21/3 nil il/2 Hi Llii 12Z4_ OOCL IMfTY W 2111
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      Page 33 Advertisements Column 3
      928 33 I VESSELS VOY SW 1 JED I MLA LEH HAW THP RTM ZEE VILLE OE VIRGO S24W 03/03 12/03 17/03 22/03 24/03 26/03 26/03 27/03 VIU-EDE NORMA N24W 13A)3 22/03 26/03 31/03 02/04 04/04 04/04 06/04 VILLE OE GEM4NA H24W 18/03 26/03 02/04 07/04 06/04 10/04 I(VQ4 11AM VH-LE D'ORtON
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      Page 35 Advertisements Column 1
      53 35 To retrieve more schedules, just follow these simple steps... document 740-WMH^^^P^p^ tep be faxed M ijr M to you* Press "1" Select the port your Step key in the four E number 0M digit code Key in your Example: 1—»—1 fax number To NEW YORK (NYC) 2275 for calls within
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      Page 38 Advertisements Column 1
      1138 38 —w SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 MM TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKINGS CALL DI E j T LI^ *****41 43 JE SS |CA/CELIA/MEI CHAN 7 slgs/week [2H32E2Z31 2 slq/week I VESSEL [VOY fsm [JAK [VESSEL
      1,138 words
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      Page 38 Advertisements Column 2
      591 38 hsn ENG LIE SHIPPING CO PTC UD I WTO, M: *****7J (4 Llmi) Fai: SJIOOIO/SlimO I en#. mmoooooc VESSfL VOT SIN ETA SIN ITD DISTINATION UiwnSrorg 03/98 23/0? 24/0? (Xra/Belawn Uruon Star 10 03/98 23/02 25/02 Bonton/B popon Umon Siw 12 02/98 23/02 27/02 lunog ol S«wr Central 03/98 23/02
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      Page 38 Advertisements Column 3
      425 38 m FAR EAST 01/03 KEELUNG/KAOHSIUNG 01/03 BANGKOK 01/03 MANILA/CEBU 01/03 JAKARTA/BELAWAN/SURABAYA 01/03 PORT KELANG/PENANG/E MALAYSIA 03/03 BUSAN 01/03 TOKYO/YOKO/KOBE/NGO/OSA 01/03 HONG KONG SIN CHINA 01/03 GUANGZHOU/HUANGPU/SHEN2HEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EURQPE/UK 01/03 LDN/FLX/LVP/SOU R DM/ANT/LE H/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 03/03 LOS ANGELES/NEW YORK all
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      Page 38 Advertisements Column 4
      459 38 Singapore Soviet Shipping s&Co. Pte. Ltd. CR NO:**********0N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTARATU RTUOO3 07/03 15/03 27/03 29/03 ORIENT CORD 110N 11/03 19/03 31/03 02/04 KOTA RAJA RJAOO7 19/03 27/03 08AM 10/04 KOTARATU RTUOOS 27/03 04/04 16/04 18/04 REGULAR MONTHLY RO-RO BREAKBULK SERVICE 91N/BOM/N.SHEVA I VESSEL VOY
      459 words
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      1306 39 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE VESSEL VOY StN CMB PIR GO A 1 VLC liH ANR FXT N SHANGHAI 9807 3 25 FEB 01 MAR 10 MAR 12 MAR 14 MAR 17 MAR 18 MAR 19 MAR MSCROSSELLA 9808-3 08 MAR 12 MAR 21 MAR 23 MAR 25
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      Page 39 Advertisements Column 2
      1860 39 ftiYwni inn ffm 1 V(SS(I/VOTA« SOU WW HAW UH S POBt ROW HAGOYA SHWU2U TOKYO MTK «OCrON ?Jwlw MM J?2 £2? (mMi 0, 02 05 02 0302 07.02 2X02 01.03 0103 04.03 05.03 HYRAHUAIS JX ??fil MM wm «E If" NYK AHMOMIDA OIEAM 0102 1212 10.02 14.02 03.03 09.03 10.03
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      Page 40 Advertisements Column 1
      464 40 |HMH|| I VESSEL VOY SIN MAA SIN TIGER BAY 607N 28-01/03 05 oa<o3 12-1103 TIGER WAVE 608N 02 03,03 08 11/03 16-17/03 TIIGER ISLAND 609N 05 06,03 11-15/03 19 20/03 TIGER BRIDGE 61 ON 09 10/03 15-1&03 23-24,03 TIGER BAY 611 1822/03 01 06,0* TIGER WAVE 612 16-17/03 22-25,03 30-31/03
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      Page 40 Advertisements Column 2
      893 40 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg LCL FCL SERVICES FROM SINGAPORE TO SOUTH AMERICA ATTRACTIVE RATES TO THE FOLLOWING DESTINATIONS: BUENOS AIRES (BUE)/SANTOS (SSZ)/VALPARAISO (VAP) ETP SIN ttd BUE Eld SSZ Eld VAP Settsu V0403S 27/02 24/03 Honsa Commodore
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      Page 40 Advertisements Column 3
      1218 40 OOCL (Sinqopore) Pte Ltd CFS Keppel Distrpk for booking 79 Anson Rood #21-04 (S) *****6 Blk 513 #01-128 enquiry VSV IVI CR NO **********0H T*l: 272 7527 v?aq lan T«t: *****)3 F«» 221 3942 Fox: 777 7S2S J0«3269 H^ NORTH AMERICA USA/ CANADA <\ AUSTRALIA F— "T" I—l TO USA
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      129 41 wsN '<** LEGEND: R Thunderstorm Temperature Oq V Shower Weather Wind direction with speed m knots Ran v^/ Cloudy Sky Wov h ««ght <"• >ndicat«d by arrow* which fly with the wind 0 On. hill circle represent! coim or hght and variable winds W One ho* fleche represent, 5 knots
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      50 42 AEROSPACE "98 The new A 340 500 will -n,ihU- nor *<>p tl< jhts between Sit pp.)ie and tK j Us f< >i the airbus Find o-.t rnore.3rot.it (Ins 3nd tin \i 4 fc»v»»l<"»pn *'nt:> Ai'h.js Industrie, "™m m all ths week ~t Aprosp. t <» ;H„I A.Stm W) SETTING THE
      50 words