The Business Times, 26 February 1998

Microfilm: NL21083
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    10 1 TheBusinessMes MITA(P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, FEBRUARY 26,1998
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  • Article
    MARKET SUMMARY
    63 1 SIS 1983J8 (+21.47) mm wt-m U 9NJ3 (+0.30) MSTOOHF U 13MJ2 (+2.75) IT MA ***** (+9.15) H KTIIU()><t grog mot now Wednesday Ckafi KL5EC0HP ***** -17* NIKKEI !UIU4_*\nM HANOSCKj 1M*74_*M14# SET INDEX HI* -U§ JAKARTA COUP —4*41 IL48 MANILA OOMP —UttTl *iUt TAIPEI WP1 MI7.lt SEOtXCOMP 41U8 Mil
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  • Article
    FINANCE
    75 1 EXCHANGE BATES LSI SI USI IOt S 1.641 MM DM 0£M 0J08 YEN 100 I.7S7 1184 MS. OHO 9.414 HKS US Mil BAHT 0 Mi O.Ott RIPIAH 106 #011 0.01S 'MrMiM PBIHB BATES SINGAPORE 7.8* KUALA LUMPUR. 10.4ft JAKARTA SIN BANOKOK -1UI MANILA ~I7J0 HONGKONG 10.» TAIPEI.... AM SYDNEY
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  • Article
    S'pore growth forecast trimmed to 2.5-4.5%
    764 1  -  New 1998 forecast compares with last year's 7.8% growth and govt's earlier estimate of 5-7% By Audrey Tan (SINGAPORE] The Singapore economy grew by a surprisingly strong 7.8 per cent in 1997 despite the regional crisis. but growth will fall to between 2.5 and
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  • Article
    MAS may change laws to allow cross-border probes
    395 1  -  Move prompted by insider trading probe by HE authorities By i Conrad Raj [SINGAPORE] The Monetary Authority of Singapore is considering changing the laws here to allow greater cooperation with other regulatory authorities in cross-border investigations. This follows its inability to assist
    395 words
  • Article
    Dr M clarifies stand on bumi stake after shares take a hit
    1068 1  -  Non-Malays allowed stakes in ailing bnmipntra companies on selective basis From. Eddie Toh in Kuala Lumpur MALAYSIAN share prices fell following a news report subsequently clarified to be Inaccurate which quoted Prime Minister Mahathir Mohamad as saying that
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  • Article
    Singapore economy could, do with a boost
    580 1  -  oommTAET At least two major uncertainties may throw off sobering growth forecast, writes viiiii>MKHAMVA VIKRAM KHANNA FTER more than decade of close to double-digit growth, MJM it's sobering to see a forecast of 2.5-4.6 per cent for the SinIH HH gapore economy. The
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      130 1 PHBPH Shrinking oconomy Japan's economy is moving into recession, and the Japanese government must do more to stimulate growth. Federal Reserve chairman Alan Greenspan said yesterday, PgU iiu ATMffi 18 A new range of armoured fighting vehicles, designed and built in Singapore, will soon roll off the production lines at
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      18 1 Financial aervioea, commerce to be worst hit, Pg 2 More resilient now than in '85 recession, Pg 2
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  • ECONOMIC SURVEY OF SINGAPORE '97
    • Article, Illustration
      Lock icon Financial services, commerce to be worst hit
      596 2  -  Foreign exchange and stock markets expected to see slower growth this year By\ Siow Li Sen FINANCIAL services and commerce will be the two sectors most hit this year by the regional economic crunch, the Ministry of Trade Industry (MTI) said yesterday. The
      Source: MTI  -  596 words
    • SURVEY Snippets
      • Article
        External economy expanded in 1997
        95 2 SINGAPORE'S external economy continued to grow in 1997, with gross national product rising 10 per cent in nominal terms. The contribution of overseas operations to Singapore's economy in 1997 was 14 per cent up from 1996's 13 per cent. The MTI also says that more
        95 words
      • Article
        More retrenchments likely this year
        66 2 SINGAPORE is likely to see more retrenchments this year in line with slower economic growth but the job market should remain tight this year. "We don't expect a sudden surge in unemployment; it should hover around the ballpark of the last two years," Peter Ong
        66 words
      • Article
        Productivity growth rises to 1.6%
        80 2 PRODUCTIVITY growth rebounded last year to 1.6 per cent, from 0.6 per cent in 1996. Manufacturing productivity rose 5.2 per cent, along with output growth in that sector. But the construction sector continued to see declining productivity, at minus-5.7 per cent last year. MTl's Mr
        80 words
      • Article
        Wages outpace labour productivity
        75 2 WAGES grew faster than labour productivity last year— real average monthly earnings rose by 4.3 per cent, comparable to the 1996 pace. As a result, the unit labour cost (ULC) index of the entire economy continued to rise by 1.1 per cent in 1997. The ULC
        75 words
      • Article
        Manufacturing labour costs still on the up
        112 2 THE manufacturing sector's relative unit labour cost (RULC) index against other newly-industrialised Asian economies continued to worsen last year and is expected to rise again this year, said MTI. But the cost increases should be sustainable as long as they are in line
        112 words
      • Article
        Inflation seen at 2-2.5% for 1998
        56 2 INFLATION in 1998 is expected to be mild, at between 2 and 2.5 per cent. Imported inflation should be kept in check this year, "but it depends on the direction of the Sing dollar", Mr Ong said. Inflation in 1997 was 2 per cent,
        56 words
    • Article
      Manufacturing, construction to spearhead growth
      390 2  -  Moderate expansion seen for transport and communications Jennifer Lien MANUFACTURING and construct ion will lead Singa|>orc's economic growth this year, even as the commerce and finance sectors falter, according to the Ministry of Trade and Industry (MTI). "The manufacturing and construction sectors will obviously continue
      390 words
    • Article
      Economy more resilient now than in '85 recession
      317 2  -  Ihji Audrey Tan THE Singapore economy is more resilient now than during the recession of 1985, says the Ministry of Trade and Industry (MTI). In an article titled A Comparison of the Current Slowdown with the 1985 Recession in the 1997 economic
      317 words
    • Article, Illustration
      Lock icon Crisis has wide-ranging effect on S'pore
      446 2  -  Trade, transportation, consumer spending will be hit, says MTI i Chuang Peck Ming THK regional currency moltdown will have a "fairly wideranging effect" on the Singapore economy, given its small size and openness, says the Ministry of Trade and Industry in a paper published
      FILE PHOTO  -  446 words
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      22 2 FOUND SOMETHING? Locate its owner through Classification 821 (Found). t Simply call C.A.T.S. at 1800-737-1166 for this free service. Another Classified Service
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      Page 2 Advertisements Column 2
      207 2 o s Just one of the great benefits from Double Options in Asia Pacific Now, when you stay at Inter-Continental Hotels or Resorts in Asia Pacific, it's even tetter value than ever he (ore. Choose two of these great options that hest suit you, to talce advantage of real Inter-Continental
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      342 3 r .j LV 1 1 1 H? r3Bl r J h > v.* -v v V. I i': j '5 ■Ir x v: EBB r V- ..J X' I M tf* V ,J I f* v r fc34.« J S ;.f \g, i 3 'hr* r, v 14 V >
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Oil, petrochem firms out to cut cost with co-gen plants
      555 4  -  Power supply largest item among operating expenses, say industry players By\ Ronnie Lim IN a bid to be more cost-effi-cient amid the regional downturn and intense competition, several oil refiners and petrochemical complex operators here are pushing plans for cogeneration
      555 words
    • Article
      New Ministry of Manpower to coordinate planning, devt
      247 4  -  By] Frances Lui THE new Ministry of Manpower will be a central agency with enlarged promotional and regulatory roles, including attracting foreign talent. Labour Minister Lee Boon Yang said yesterday. At a briefing on the roles and functions of the ministry, which
      247 words
    • Article
      16.7% fall in Jan visitor arrivals
      286 4  -  Drop led by Japan, Thailand; Europe, US also post falls Ang Wan May FOR the fourth straight month, visitor arrivals saw a double digit fall in January due to poor inflows from Asia. The number of arrivals fell 16.7 per cent to r>09,752 last
      286 words
    • Article, Illustration
      Lock icon From shipping clerk to master of his own shipping company
      388 4  -  ////1 Christopher Tan FROM shipping clcrk to own er of a shipping company in a matter of 20 years. Meet Mohd Zain Abdullah, the winner of this year's Malay Entrepreneur Award. Mr Zain, 42. managing director of Prestige Marine Services,
      LAINAL YANYA BERITA HARIAN  -  388 words
    • Article
      MNCs should dig in to tap recovery: Swee Say
      306 4 ASIAN AEROSPACE '98 MULTINATIONALS should anchor themselves solidly in Asia to meet rising demand that will come about once regional markets pull out of the financial turmoil, said Lim Swee Say, deputy chairman of the Government Parliamentary Committee for Finance and
      306 words
    • Article, Illustration
      Lock icon Made in S'pore: armoured fighting vehicles
      513 4  -  Reports by David Boey A NEW range of armoured fighting vehicles (AFV). designed and built in Singapore, will soon roll off the production lines at ST Automotive. ST Automotive president Wu Tze Chien told BT the latest AFV marques would include variants of the
      ARTHUR LEE  -  513 words
    • Article
      S'pore's S211 jet trainers being upgraded
      268 4 SINGAPORE'S S2ll jet trainers are undergoing their first flight systems upgrade, said the plane's Italian maker Aermacchi. The S2ll mid-life upgrade was developed with the assistance of the Ministry of Defence and Singapore Technologies Aerospace. Aermacchi said: "This important line of development has involved
      268 words
    • Article
      March COE tender delayed in view of new tax rules
      386 4  -  More time for bidders to digest new vehicle tax structure: LTA By Christopher Tan NEXT month's COE bidding period will be delayed to give buyers adequate time to digest new vehicle tax rules that will be announced soon. The tender
      386 words
    • Article
      Film censors seize 11,000 uncensored videos
      168 4 THK Hoard of Film Censors last Saturday raided seven Sim Lim Square shops and seized II.(XX) uncensored viden. Of these. over 1,000 were obscene videos, said the Ministry of Information and the Arts yesterday, adding that the video sellers would be prosecuted. The ministry
      168 words
    • Article
      Kuok group offers lower net prices for its developments
      315 4 MOVING before the property market slows even further, the Kuok group has taken out advertisements that offer effectively lower net prices for its developments. In broadly similar ads in The Straits Times classifieds, Kuok subsidiary Property Management offered: "Developer's Units To
      315 words
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      143 5 a r* f W& Only Sing Tel Mobile covers you in the Land of the Rising Sun *£Y Hi 4 *>*%*, A'i 1 w M l»^' v "-li v-\ BBrWBe t. A U V Not just Japan, but Sing Tel Mobile also covers the USA, Canada, Korea, China and India.
      143 words
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  • FOCUS: PROPERTY
    • Article
      Mood subdued on HDB resale front
      545 6  -  Property agents report no increase in sales volume or pick-up in prices Abdul Hadhi (SINGAPORKI ASURDUKD mood has taken root in thr Housing and Development Board resale market. Property agents expecting the traditional spurt of buying in the run-up to Chinese* New Year in
      545 words
    • Article, Illustration
      Gold Coast living up to its name
      685 6  -  STpore developers seeking a haven from Asian crisis head for Aussie playground By\ Soh Tiang Keng (SINGAPORE] Singapore has become a big-time player in the property development of the Gold Coast. Australia's number one tourist destination and holiday playground. For the past five
      685 words
    • Article
      House Hunt
      1063 6 HDB transactions from Jan 12 to Feb 13, 1998. TYPE/ POSTAL CONTRACT BUILT-IN PRICE PSf LOCATION DISTRICT DATE (SOFT) (SS000) (SS) 1-Room (Standard) Tanglin Halt'Rd 314 06-Feb-98 452 65* 144 2 Room (Improved) Ang Mo Kio Ave 4 2056 14-Jan-98 484 95 196 3 Room (Typa A) Hougang
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  • MARKETS IN TURMOIL
    • Article
      Lock icon Asean to meet on use of local currencies for trade
      314 7 Reuters [JAKARTA] South-east Asian finance ministers are expected to debate the possible use of local currencies for regional trade when they meet on Friday for a two-day discussion of the region's financial crisis. The groundwork for the Jakarta meeting will
      Reuters  -  314 words
    • Article
      Lock icon S&P. cuts ratings for Indon banks, citing poor guarantees
      244 7 It also points to uncertainties linked to possible mpiah peg Bloomberg [JAKARTAJ Fifteen Indonesian banks had their ratings cut by Standard Poor's Corp on concern that the government's guarantee of their deposits isn't comprehensive. The prospect of "continued market turmoil, including
      Bloomberg  -  244 words
    • Article
      Lock icon Peg plan: Bonn warns Jakarta again
      152 7 Reuters [PASSAU, Germany! German Finance Minister Theo Waigel yesterday repeated a warning to Indonesia not to go ahoad with plans to adopt a currency board system to try to overcome its economic crisis. Mr Waigel, who met Mr Suharto in .Jakarta recently, did not
      Reuters  -  152 words
    • Article
      Lock icon Tarrin to punish central bank officials
      229 7 Thai minister to act against those involved in Med bail-out AFP [BANGKOK] Thai Finance Minister Tarrin Nimmanahaeminda has vowed to punish certain central bank officials and politician? for a disastrous bail-out of Thailand's failing finance firms, reports said yesterday. Mr Tarrin pledged that those
      AFP  -  229 words
    • Article
      Lock icon Seoul prepares to sell debt swap deal to creditor banks
      406 7 Refinancing aimed at easing short-term liquidity problem, helping economic plan Bloomberg Reuters [NEW YORK] South Korea and the International Monetary Fund (IMF) are preparing to market a debt exchange for some US$24 billion (5539.1 billion) in loans to Korean banks
      Bloomberg; Reuters  -  406 words
    • Article, Illustration
      Lock icon US officials air concern about Indonesia
      511 7 while praising Korea, Thailand for pushing IMF reforms Reuters [WASHINGTON] US officials highlighted their concern about troubled Indonesia on Tuesday while praising other Asian tiger economies for moving forward on reform after last year's international rescue deals. Treasury Secretary Robert Rubin told reporters the
      Reuters  -  511 words
    • Article
      Lock icon Jakarta to unveil help for exporters
      192 7 Bloomberg (.JAKAKTAI Indonesia will "soon" unveil measures to help exporters who've been struggling to import raw materials because of the fall in the rupiah, said Minister for Trade and Industry Tunky Ariwibowo. The country may look for help from Singapore, he Raid. The rupiah
      Bloomberg  -  192 words
    • Article, Illustration
      Lock icon IMF chief urges Tokyo to consider tax cuts in budget
      401 7 EU's Brittan echoes call for big boost to Japanese economy Reuters |l'AKlS| International Monetary Fund managing director Michel Camdessus said on Tuesday that Japan should consider a supplementary budget with tax cuts to stimulate its economy. Mr Camdessus said he
      Reuters; REUTERS  -  401 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Asean appeals for global help to fight Indon fires
      446 8 KUCHING Jakarta, KL urged to activate bilateral fire-fighting pact reached last year AFP Bloomberg SOUTH-east Asian nations appealed yesterday for international help to fight forest fires said to be raging out of control in Indonesia's East Kalimantan province on the island
      AFP; Bloomberg; REUTERS  -  446 words
    • Article
      Lock icon Second link toll to be 'much lower'
      370 8 KUALA LUMPUR Though toll-free now, traffic is lower than projected: Samy Vellu The Straits Times THE Malaysian government has decided that the toll charges at the new second link to Singapore will be "much lower than those proposed earlier", said Works Minister Samy
      The Straits Times  -  370 words
    • Article
      Lock icon Up to 36% PAL staff to go
      129 8 MANILA AFP TROUBLED Philippine Airlines (PAL) has told its staff that up to 36 per cent will be made redundant to enable it to survive the Asian financial crisis, airline union members said yesterday. The airline announced in a statement that it "is
      AFP  -  129 words
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      125 8 the HH U v 9 With the resources you see a the future only the here Because we understand the needs of a growing business, especially when it IjWj <• comes to cash flow and financing. That is why we offer a broad spectrum of tS li ci' 1 to
      125 words
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  • CHINA-HONGKONG-TAIWAN
    • SINO Briefs
      • Article
        Lock icon Taiwan's forex reserves hit US$84b
        76 9 Reuters (TAIPEI] Taiwan said yesterday its foreign exchange reserves swelled for the third straight month in January, reflecting (Is economic sizzle and the central bank's deference to exchange-rate market forces. Analysts said the US$52B million (*****.6 million) monthly rise showed investors were dumping their US
        Reuters  -  76 words
      • Article
        Lock icon Praise lor HK Monetary Authority
        99 9 Reuters [HONGKONG] Bank of England deputy governor David Clement! lauded the Hongkong Monetary Authority yesterday for its handling of Asia's financial crisis and said the territory was in good shape. "*Our own view is that the Hongkong Monetary Authority has done an excellent job over
        Reuters  -  99 words
      • Article
        Lock icon HK's mortgage default rate stable
        82 9 AFP (HONGKONG] Hongkong's mortgage default rate levels currently hover around 0.1 to 0.4 per cent, with no obvious increase in loan delinquency despite high interest rates, the Hongkong Monetary Authority (HKMA) said yesterday. A survey of 10 banks showed there had been no obvious increase
        AFP  -  82 words
    • Article
      Lock icon China orders banks to tighten up lending policies
      442 9 BEIJING Moves to shore up financial system include bond sales to raise banks'capital Bloomberg CHINA has ordered banks to lend based on borrowers' ability to repay, in a revolutionary change ending almost 50 years of using these institutions to funnel subsidies to
      Bloomberg  -  442 words
    • Article, Illustration
      Lock icon Clients of HK's collapsed brokerage stage protests
      264 9 HONGKONG CA Pacific investors' chances of recovering assets look dimmer Reuters SCORES of investors hurt by the collapse of a brokerage yesterday tried to storm Hongkong's stock exchange, scuffling with police who barred their way. Up to 50 angry clients of C A
      Reuters; REUTERS  -  264 words
    • Article
      Lock icon Direct marketing firms see huge potential in China
      264 9 SHANGHAI Bnt it first needs an efficient payment and delivery system Reuters CHINA represents a huge market for foreign mail-order firms but growth hinges on developing a direct marketing infrastructure and an efficient payment system, postal and industry officials said yesterday. "With
      Reuters  -  264 words
    • Article
      Lock icon HK govt gets bomb threats, demand for HK$30m: report
      153 9 HONGKONG AFP ATTEMPTS have been made to blackmail the Hongkong administration for HK$3O million (556.3 million) with bomb threats phoned to a senior government official, it was reported yesterday. Secretary for Security Peter Lai was s&id to have received two threatening
      AFP  -  153 words
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      121 9 game calls for mßr \fi/ precise accurate shots that are 1M A OnPT^OC lyjLlVd 1 IjIVU role P« y Over the The Rotex Masters has always 4 the above frustration I 4 have been constantly on a I 1 spectators \l||/ sees the anniversary Masters. Jjjf I one the tournaments
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  • ASIA
    • Article, Illustration
      Lock icon Kim pledges to bolster democracy and competition
      553 10 SEOUL Unwieldy, family-controlled conglomerates to be curbed AFP [SEOUL] South Korean President Kim Dae Jung pledged on his inauguration yesterday to introduce democracy and competition to cure the ailing economy, promising to curb unwieldy, family-controlled conglomerates. "When democracy and a market economy develop
      AFP  -  553 words
    • Article
      Lock icon US firm to buy bad Japanese property loans
      199 10 TOKYO AFP A US investment firm plans to buy property-backed bad loans from Japanese financial institutions in what will be the largest property investment here by a foreign company. a newspaper said yesterday. Secured Capital Corp. based in Los Angeles, plans to
      AFP  -  199 words
    • Article
      Lock icon Opposition boycott puts new president in a fix
      206 10 SEOUL GNP snubs his choice of PM and leaves him powerless to appoint cabinet AFP SOUTH Korea's new President Kim Dae Jung yesterday suffered a major setback on his first day in office as the opposition snubbed his choice of prime minister,
      AFP  -  206 words
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      159 10 MORE THAN JUST A HOME IT IS SINGAPORE'S LARGEST SERVICED APARTMENTS WITH THE MOST FACILITIES AND FEATURES I flp S Shopping size swimming I HjjjSMflH tfjHjH pool. Knjoy a host of Located just outside the other recreational facilities: (Central Business District, outdoor landscaped jacuzzi in the heart of Singapore, W™
      159 words
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      571 10 Integrated I Engineering I Keppel Integrated I Engineering Limited I (Incorporated in the Republic of Singapore) H 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1997 I The Directors of Keppel Integrated Engineering Limited advise the following unaudited results of the H Company and of the Group for the
      571 words
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  • THE WORLD
    • Article
      Lock icon US consumer confidence soars to near 30-year high
      375 11 NEW YORK Strong domestic growth, jobs outlook lift spirits despite sex allegations, Saddam Reuters AMERICANS' confidence in their economy jumped to a near 30-year high in February, boosted by strong domestic growth and optimism about labour market conditions, a Conference Board report
      Reuters  -  375 words
    • Article
      Lock icon French inflation tumbles to 40-year low
      252 11 PARIS Bloomberg FRENCH consumer prices unexpectedly fell 0.3 per cent in January, reducing the annual inflation rate to its lowest for 40 years and signalling that the Bank of France is unlikely to raise interest rates soon. Prices rose 0.5 per cent from a
      Bloomberg  -  252 words
    • Article, Illustration
      Lock icon A hands-off approach
      59 11 WASIII Nl ;T< )N| lIS h'etlemi Hrmnv chairman Alan (invns/xin (centre). Iteforehis testimony to the House sub commitUvon tnink inn and I'mam ial services on Tuesday. Jokingly tells committee chairman Republican Michael ('astle and Republican John I/{false that he can't shake their hands Ihxiiiisc he has a
      REUTERS  -  59 words
    • Article
      Lock icon Japanese economy going into recession, warns Greenspan
      315 11 WASHINGTON Tokyo must do more to stimulate growth, he says Bloomberg JAPAN's economy is moving into recession, and the Japanese government must do more to stimulate growth. Federal Reserve chairman Alan Greenspan said. "At the moment the Japa nese economy seems to be
      Bloomberg  -  315 words
    • Article
      Lock icon Germany's Feb inflation at 10-year low
      342 11 WIESBADEN, Germany Bundesbank not expected to raise rates in near future Bloomberg FEBRUARY consumer prices rose 0.3 per cent in western Germany, leaving the annual inflation rate at a 10-year low and reinforcing expectations the Bundesbank won't raise interest rates any time soon. The
      Bloomberg  -  342 words
    • Article, Illustration
      Lock icon Annan's Iraq pact gets nod from UN Security Council
      468 12 NEW YORK US, OK leaders endorse the accord but warn Iraq not to renege on it Bloomberg UNITED Nations SecretaryGeneral Kofi Annan said the UN Security Council gave a "general sense of approval" to his accord with Iraq as world leaders
      Bloomberg; AFP  -  468 words
    • Article
      US firms want curbs on export of Net security lifted
      363 12  -  SINGAPORE Congress and Senate aim to resolve issue by this year /v Toh Han Shih AMERICAN information technology firms are lobbying the US Congress and Senate to lift the Clinton administration's restriction on the export of Internet security. And both
      363 words
    • Article
      Lock icon UK sets out plans for politics-free statistics
      253 12 LONDON Reuters BRITAIN unveiled plans on Tuesday to provide the public with official statistics free from political bias. In a glossy brochure to highlight a consultative parliamentary paper. Prime Minister Tony Blair said the Green Paper was a key plank of Labour's drive
      Reuters  -  253 words
    • WORLD Watch
      • Article
        Lock icon German service sector unions to merge
        66 12 Bloomberg [STUTTGARTI Six German service workers unions ptan to merge to create one of the world's largest unions, s move analysts said is designed to boost bargaining power in the face of shrinking membership. They are the white-collar workers' union, postal union, education union,
        Bloomberg  -  66 words
      • Article
        Lock icon Call to unity US tax rates for e-commerce
        54 12 Reuters [WASHINGTON] US governors have adopted a resolution calling on states to establish single tax rates (m all electronic commerce over the Internet and mail order purchases. The resolution was passed by the National Governors Association with the governors of Cslifornia 4
        Reuters  -  54 words
      • Article
        Lock icon UK announces £70m more aid to farmers
        55 12 Ratters [LONDON] UK Farm Minister Jack Cunningham announced a further £70 million (SIIBB million) in aid to British livestock farmers. "This government has already pledged £85 million in additional aid to livestock farmers. This extra £70 million... will help the industry through a
        Ratters  -  55 words
      • Article
        Lock icon Global Appeal to help El Nino victims
        47 12 Reuters [LONDON] British charity Christian Aid launched a global appeal yesterday to help victims of the El Nino weather system. The charity hopes to raise £500,000 by mid-April especially for Peru, plagued by devastating flooding, and drought-hit Papua New Guinea.—Reuters
        Reuters  -  47 words
      • Article
        Lock icon EC to raise Year 2000 bug awareness
        47 12 Reuters [BRUSSELS] The European Commission agreed to step up efforts to increase awareness in Europe of the "millennium bug". EU Telecoms Commissioner Martin Bangemann said many organisations were still unpreparedfor the software failure, adding that such an attitude was "astonishing".—Reuters
        Reuters  -  47 words
      • Article
        Lock icon Piracy cost US industry US$10.8b in '97
        61 12 Reuters [MIAMI] Copyright piracy of music, books, movtesand computer software cost US industry an estimated DBHOJ billion (5517.6 billion) in 1997, the International Intellectual Property Alliance said. It listed 56 countries where it said piracy was a problem and recommended 14 new countries
        Reuters  -  61 words
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      549 words
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      44 12 CNBC ASIA BUSINESS NEWS. THE MORNING RITUAL FOR ASIAN BUSINESSMEN. «J** k v > jS--ar 1 c SkJi i f--- <r 4 v i'-i-'V i_~ V •V 55».»» J V ■>> ,t-. V* •<** > jr'.T V 1 h^ftL... I f > A Struct of MIC Sc Dou Jones
      44 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Freer trade is right tack to take in May
      699 13  -  THE BOTTOM LIKE OPINION Shada Islam The writer is a Brussels-based journalist who contributes to BT BY the time they meet in Geneva in May this year, world trade ministers should have a better idea of the trade fallout from .Asia's
      699 words
    • Article
      IN OTHER WORDS
      124 13 'We believe our product is not injurious to health.' Robert Heimann American Tobacco Co'sformer chiefexecutive in testimony videotaped 11 years ago, shown by the state of Minnesota in the first trial of a lawsuit brought by a US state attorney general against the tobacco industry. But it
      124 words
    • Article
      Education must be above suspicion
      642 13 EDITORIAL IF all work and no play makes Jack a dull boy, the reverse will not make him the world's most useful citizen either. What is needed is a mix of the two, blending work and play in a manner that is both transparent and
      642 words
    • Article, Illustration
      Asia can emerge with better business culture
      914 13  -  It will increasingly resemble the more open and competitive system of the US Vikram Khanna The writer is BT's regional economics editor ASIA'S economic crisis is. at present, like a dark tunnel full of stumbling blocks about which which we know little. Still,
      914 words
    • Article
      WHAT THE OTHERS SAY
      879 13 Whlta Houm mod-throwing IN 1992, US President Bill Clinton professed his innocence about Gennifer Flowers and a gaggle of erupting "bimbos". But to be on the safe side, his campaign hired a private investigator to intimidate any woman who might he thinking of coming forward with
      879 words
  • Page 13 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Timeless label for Joseph
      715 14  -  Mix an ex-soap actor, 50 kids, an old script and you get an entertaining piece of family theatre, says BEK MUHROE BEN MUNROE JOSEPH And The Amazing Technicolor Dreamcoat shouldn't work. Fifty schoolchildren, an ex-soap actor and a 30-year-old script sound like ingredients for a relic
      715 words
    • Article, Illustration
      Kinder, gentler four-by-fours
      827 16  -  Mean looking, but really a softie inside. Who can resist the new-age bush-basher, asks Christopher ta* CHRISTOPHER TAN THE offroad genre has gone soft. And that's not exactly a bad thing. After all, who needs storey-high behemoths with incredulous aerodynamics, poor consumption and road-handling capabilities of some
      827 words
    • BUMPER to BUMPER
      • Article
        Mercs, BMWs now more affordable
        149 16 TWO of the most sought-after brands In town have become more affordable Cycle Carriage is now packaging the Mercedes-Benx E2OO at 1213.000 (Inclusive of a three-year workshop programme). This is about 15,000 less than what was offered a little over a month ago. Without the
        149 words
      • Article, Illustration
        Beaumont wins Caltex Havoline Rally
        132 16 WELL, well, what do you know, act driver Jeff Beaumont did It again. The Aussie rally veteran powered his Mitsubishi Lancer Evolution IV to victory over the weekend at the Caltex Havoline Rally. He beat the day's strongest team: the Havoline trio of lan Lee,
        132 words
      • Article
        Mitsubishi Lancer gets face-lift
        76 16  -  OiwplHlby Christopher Tan THE popular Mitsubishi Lancer has been given a face-lift. Most significant changes are the new halogen headlamps with multi-reflectors, and a chrome-plated grille. Other parts modified include the bonnet, bumpers, and fog lamps. Colour choices have been expanded, too. The interior features new
        76 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      440 14 I JB IHKM T*k^«tso^. f| r i %ft*s/Li .i-h i t 1 f jfay |^9M| wf^H j*>&. //Tal r-v s X %X-v r 'tt 1 if i 5 i^T t iy'-fltaETmlWr TiiWß^W^^m^mtlßmM^^K I 0 iov3^^B ON ,(j|^^^^^ge M^^B S X*~\ s^H I h m I"\ r* Bm3ts3 9H ,'j I
      440 words
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      Page 14 Advertisements Column 2
      68 14 SALUT RESTAURANT WINE BAR Hv 1 y A Celebration of Border Culture with French Italian Cuisine. 4-Course Executive Set Lunch Menu at $32.00+++* or a choice of A La Carte. All specially prepared by highlyacclaimed Head Chef Karl Dobler. 'Set Lunch Menu changes every Monday Thursday. To place reservations or
      68 words
Page thumbnail Page 15
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
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      245 words
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      Page 15 Advertisements Column 2
      180 15 Cilr Now at k J* THE HEEREN in Orchard 9jL yiuf/tenttc 1/uu Cjutsme 'Mp I! f Exclusive to *<||f The Businew Times reader. If Jus present this ad to enjoy ISN discount At THE HEEREN outkt only 3 ()ffcr vaJkJ ~u 31 MaKh <w /Bfm 4 For reservations. call 736-1998
      180 words
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      Page 15 Advertisements Column 3
      173 15 t Drop la For 5 Happy Times < j from 3pm to ?prn daily J when our wines, spirits V a and beers are going at t 3 just Half Price. K u (A.'»d spread the word W J to your happy friends.) r ,>r f r J PAOLO PING'S
      173 words
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      Page 15 Advertisements Column 4
      228 15 Buy It. Sell It. Find It. Classified, CAT A; Call Today For Results Tomorrow. 1800-*****66 Savour tantalising set-dishes from BBQ Ribs Mushroom lasagna, seafood platter, Italian C>enoa-haguette to Nvonva laksa, seafood hor-fun, chicken prawn clavpot and fried vegetarian platter and complimented with soup, salad and more at the Cafe Victoria
      228 words
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      Page 15 Advertisements Column 5
      197 15 I m I ENJOY 25% SAVINGS i ON YOUR i 2ND DRINK ONWARDS j AT THE MEZZANINE CAFE BAR THIS MONTH j Join us in our i 25th Anniversary Celebrations j j Tiger ins j Mivu\irin Siiufapore J M :B IS J U.l iVJijrd Rivid. Singapore 23M6" J J I'd:
      197 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      716 15 RADIO Prcmte** 12 <>n i 12.00 NN llcrita.l.-im 2.30 PMTV Innovations. 4.30 Thi' Golden Girls u.15 PM Warn* Warm Must. ——i 4.00 Kid/Blitz Alt" 5.00 TV Innovations 12.45 llisites lltirl hit 4.30 IVxtcr s 6.00 See Friday's Schedules 1.00 BeiitaCNUC 5.00 Mole 1.31 I .alia 5.30 Professor CbasNlo aOJ 6.00
      716 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      281 15 CRYPTIC CROSSWORD In Ih-iliy sw»*«*psl;ik«\ oii<* lo nil H H B| H It S|»l**n«lt«l a (»<•««Klan •«»Wli 111 I I I I I I in*iii|MMi*i .111 ill« Ml <*li-vallon 7 r/> 'I I 1^ l;ik«**t l!i;il'** mJ—Lml—|ai— m Hj 12 *»«»i I «il Itai ii«»I «»ff>-t tp*n<*l i:j I I
      281 words
Page thumbnail Page 16
  • Page 16 Advertisements
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      98 16 Q E^P -spy j^Mb^BL. ArsZ*:^-.?Jj ■I ci For further Information, please contact Stuttgart Auto at 23 Lang Kaa Road Singapore *****5 Tal: 472 4433 Fax: 474 3101 At last the Americans have lifted the lid off something and liked what they found. Porsche Boxster. Voted "Automobile of the Year" in
      98 words
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  • COMPANIES & MARKETS
    • Article
      JSL profit up 34% with help of ex-SembCorp unit
      412 17  -  Change in accounting policy also bolsters profit; dividend payont increased Z?y< Christopher Tan [SINGAPOREI Shiprepairer Jurong Shipyard Ltd (JSL) turned in a better than expected performance for 1997 as a change in accounting policy and the acquisition of Sembawang Corp's shipyard
      412 words
    • Article
      GIC doubles stake in Aussie property firm Ipoh to 18.8%
      248 17  -  From Russell Baker in Sydney THE Government of Singapore Investment Corp (GIC) has spent AS2O million (5521.7 million) doubling its shareholding in Australian-listed property developer Ipoh Ltd. Ipoh yesterday announced that GIC had purchased a further 10 million shares at
      248 words
    • Article
      What a CAHB-RHB merger means far M'sian banking
      817 17  -  HOCK LOCK SIEW Ven Sreenivasan RENEWED negotiations on the proposed purchase of Bank of Commerce by Rashid Hussein Bhd look like they are heading towards a successful conclusion. It was less that two weeks ago that Rashid Hussain, who heads the finan
      817 words
    • Article, Illustration
      Lock icon Soeryadjaya calls off deal with VDH
      460 17  -  VDH concerned about feasibility of deal amid currency turmoil itf/' Teh Hooi Ling |SIN(» AI*ORK| Indonesian businessman Kdwln Stieryad jaya (KS) has rnlhl ofl a pro posed deal to inject Ills family tclccommun leal lons assets In to Van Der llorsl (VDII) and have
      Source: Bloomberg  -  460 words
    • Article
      Keppel unit's profit drops 77%
      220 17 (SIN(jAPORK| Hit by difficult market conditions and the regional economic turmoil. Keppel Integrated Engineering has reported a 77 per drop in group net earnings to $2.45 million for the year to Dec 31, 1997. Turnover fell 8.3 per cent to $288.19 million, mainly due to
      220 words
    • Article
      SPH Local surges 4% to all-time high of $21.30
      212 17  -  Hy R Sivanithy [SINGAPORE] Local media and property group Singapore Press Holdings' Local shares yesterday continued their re-cord-breaking run ahead of their upcoming merger with the Foreign tranche, surging by 80 cents, or 4 per cent, to an all time closing
      212 words
    • COMPANIES
      • Article
        Genting hit by talk of Konsortium Perkapalan bail-out
        400 18  -  Shares tumble 15% on speculation it is buying into Mirzan Mahathir's company Ven Sreenivasan [SINGAPORE] The Genting Bhd stock tumbled by more than 15 per cent on rumours that it might be bailing out cash-strapped Konsortium Perkapalan. The cash rich gaming counter
        400 words
      • Article
        Lock icon Nanyang Press bond ratings cut on slow ad growth forecast
        294 18 Bernama [KUALA LUMPUR] Nanyang Press (Malaya) Bhd's 90 million Malaysian ringgit (5538.9 million) redeemable unsecured guaranteed bonds (1993 1998 > have been downgraded by Rating Agency Malaysia (RAM). RAM cut its rating for Nanyang Press' bonds from A3 to 8881.
        Bernama  -  294 words
      • Article
        Lock icon Kikkoman profit down 29%
        113 18 Bloomberg (TOKYO] Kikkoman Corp. the world's biggest maker of soy sauce, said profit for the year to December declined because of the falling price of the product. Net profit dropped 28.8 per cent compared with the year be fore to 3.07 billion yen (5539.3 million). Revenue
        Bloomberg  -  113 words
      • Article
        Lock icon PLDT rings up 18.7% rise in net profit
        449 18 Peso fall boosts earnings from int'l long-distance calls AFP MANII.AI Philippine Long Distance Telephone Co (PI.PT) said yesterday its net profit rose 1H.7 per cent from a year earlier to 7.W49 billion l>esos (S&UIH million) in 1997. The earnings were bol stered
        AFP  -  449 words
      • Article, Illustration
        Lock icon Tsingtao, Asahi joint venture brewing
        78 18 (QINGDAO) A man ivalking past the entrance to China s famous Tsingtao Brewery Company at its hometown of (Jingdao in eastern China s Shandong province on Sunday. Japan s Asa hi Breweries is considering launching a joint venture brewery in China with Tsingtao and Japan
        AFP  -  78 words
      • Article
        Lock icon Daiei to sell property to cut debt by 240b yen
        302 18 AFP |T()KY()| Japanese retail «i--ant Daiei Inc is considering massive property sales to cut its debts by around 240 billion yen (S-V'i billion), company of ficials said yesterday. "In cutting liabilities we arc currently considering the sale of assets," an
        AFP  -  302 words
      • Article
        Lock icon Siam Cement in the red with 56.3b baht forex losses
        414 18 Group net loss comes to a higher than expected 52.6b baht AFP I BANGKOK| Thailand's biggest conglomerate Siam Cement pic yesterday revealed it posted an unprecedented net loss of 52.6 billion baht (SS2 billion) last year due to the plunging
        AFP  -  414 words
      • Article
        Lock icon Building products firm Pioneer net up 27%
        409 18 Bloomberg |SYI)NKY| Building materials company Pioneer International Ltd said first half profit rose 27.2 per cent, buoyed by higher profits from its Austra lian and US operations. The Sydney based firm made a better than expected profit of Asl million (USSI.V. million) in
        Bloomberg  -  409 words
      • Article
        Lock icon Aussie insurance group AMP reports A$2b profit in '97
        247 18 It will be floated on Australian and NZ exchanges this year Reuters |SYI)NKY| The Australian Mutual Provident Society (AMI 1 yesterday said it achieved a net profit before abnormal of As 2 billion (552.17 billion) in calendar 1997, and a net
        Reuters  -  247 words
      • COMPANY Briefs
        • Article
          Lock icon Sino Land markets more luxury units
          64 18 Reuters {HONGKONG] Sino I,and Co said yesterday it would release 92 more units for sale at Its luxury Majestic Park residential development. The units would be priced at HK57.078 (S$ 1.489) per sq ft, compared with HK56.338 psf for the first batch of units,
          Reuters  -  64 words
        • Article
          Lock icon Oranbo to suspend 1.1b peso payments
          56 18 AFX-Asia (MANILA] The vSecurities and Exchange Commission has approved Oranbo Realty Corp's request to suspend payments on loans worth 1.12 billion pesos (Ss4s million). All claims against the company would be suspended for 30 days. Oranbo has to submit-within 15 days a rehabilitation plan
          AFX-Asia  -  56 words
        • Article
          Wassail names independent director
          24 18 (SINGAPORE] Wassail Asia Pacific has appointed Robert Wong Kwan Seng an independent director and a member of its audit committee.
          24 words
      • Article
        Corrections & clarifications
        49 18 Corrections clarifications IN our report yesterday, headlined "Singapore to form new institute of directors", we wrongly stated in an accompanying table that Sitoh Yih Pin is a partner of Lee Lee Advocates and Solicitors. Mr Sitoh is, in fact, a certified public accountant. We are sorry for the error.
        49 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Microsoft poised to join US$200b club
        270 19 General Electric is the only other member with market capofUSs2slb Bloomberg [REDMOND. Washington) Microsoft Corp is poised to join a select club, where General Electric Co is the only other member, as its market value rose to within a fraction of US$2OO billion (*****
        Bloomberg  -  270 words
      • Article
        Lock icon New products can help Polaroid rebound: analysts
        534 19 The company expects sales to hit USs3J>b by 2001 from the current USs2b level Bloomberg [CAMBRIDGE. Massachusetts] Polaroid Corp, dismissed for years as a company whose marketing acumen never matched its technological prowess, is winning converts among some of Wall Street s best-known
        Bloomberg  -  534 words
      • Article, Illustration
        Lock icon Thanking Gates with a book
        86 19 [SKIJVtA, Alabama Hill (kites, chairman and CEO itfMicrosoft Inc. and his wife Melinda holding a copy of the lxx)k Tivinkle Wrinkle Little Star that was given to them for their two-year-old daughter by the Selma Public I library here on Tuesday. Mr Gates and his
        REUTERS  -  86 words
      • Article
        Lock icon Prudential profit up on strong US, UK growth
        277 19 Reuters (LONDONI Britain's largest life insurer Prudential Corp yesterday reported a rise in profits for 1997 helped bystrong growth in the US and the UK. Total operating profits from continuing operations rose nearly 30 per cent to £895 million (552.4 billion). Excluding
        Reuters  -  277 words
      • Article
        Lock icon Carrefour profit doubles in 2nd half
        250 19 Bloomberg [PARIS) Carrefour SA, France's largest retailer, said yesterday that second-half earnings more than doubled as spending in France rebounded and as a result of a non-recurring gain from the sale of a US asset. The company, which operates 308 giant stores, earned 2.17
        Bloomberg  -  250 words
      • Article
        Lock icon Novell's Q1 net profit falls 73%, beating estimates
        261 19 Bloomberg IPROVO. Utah) Novell Inc said fiscal first quarter net income fell 73 per cent from a year ago, a smaller decline than ana lysts expecti*!, as the maker of computer network software cut costs amid competition from Microsoft Corp. The company
        Bloomberg  -  261 words
      • Article
        Stanchart trading profit up 11% despite Asian turmoil
        339 19  -  Provisions for bad, doubtful debts jump to £156 m from £64m Neil Behrmann (LONDON) Standard Chartered Bank managed to raise trading profits by 11 per cent to £904 million (552.4 billion) for the year ended December 1997, despite the Asian turmoil. Pleased
        339 words
      • Article
        Lock icon Wal-Mart leads retailers beating earnings expectations
        290 19 Reuters (CHICAGO] Several US retailers led by Wal-Mart Stores Inc. the nation's largest, posted better than expected fourth quarter earnings on Tuesday. At Wal-Mart, fourth quarter net income rose to US$l.29 billion (SS2.I billion) from USSI.I billion a year earlier and earnings per share
        Reuters  -  290 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Crisis will kickstart Asian bond markets: Citibank
        433 20  -  Bonds lock in current high interest rates for capital gains at a time when equities, property are suffering By Louis Beckerling [SINGAPORE] The Asian currency crisis and the economic slowdown now following in its wake could give local bond markets a long-overdue boost.
        433 words
      • Article, Illustration
        Lock icon Gold demand in S-E Asia, S Korea down 80% in Q4
        396 20  -  Plunge sends annual demand falling 26%; Thailand hardest-hit By Siow Li Sen [SINGAPORE] Gold demand in South-east Asia and South Korea plunged about 80 per cent in the last quarter of 1997 to 22.3 tonnes the lowest quarterly volume
        Source: World Gold Council  -  396 words
      • Article
        Lock icon Deutsche Bank to fire about 100 staff in US, Canada
        296 20 Bloomberg [NEW YORK] Deutsche Bank AG, which spent millions in recent years building its securities business, expects to fire this week about 100 people who work in investment banking in the US and Canada, said a person familiar with the
        Bloomberg  -  296 words
      • Article
        Lock icon Commercial Union and General Accident to merge
        270 20 Bloomberg [LONDON) Commercial Union pic and General Accident pic said they will merge to create the UK's second-larg-est insurance company. Commercial Union shareholders will hold 53.6 per cent, and General Accident 46.4 per cent, of the merged company, and the merger will be
        Bloomberg  -  270 words
      • Article
        Lock icon China, HK banks buy NatWest unit
        299 20 AFP [SHANGHAI| China's largest state-owned commercial bank and Hongkong's Bank of East Asia Ltd (BEA) have jointly acquired a major share of the Asian securities business of Britain's National Westminster Bank pic, reports said yesterday. The Shanghai Securities News said the Industrial and Commercial
        AFP  -  299 words
      • Article
        Lock icon NTT seeks approval to sell US$ global bonds
        169 20 Bloomberg [TOKYO] Nippon Telegraph Telephone Corp, Japan's largest telephone company, has taken steps towards selling US dollar-denominated global bonds, an NTT finance manager said. Global bonds are offered simultaneously in North America, Europe and Asia. NTT applied to the US Securities and
        Bloomberg  -  169 words
      • Article
        Lock icon Euroyen up, but weak bias persists
        223 20 Report Reuters (SINGAPORE) Slmex Euroyen futures were higher yesterday as players covered short positions, but dealers said the market showed a weak bias amid fears of fresh economic stimulus measures. Japanese Prime Minister Ryutaro Hashimoto's comment that a temporary delay In fiscal reforms in
        Reuters  -  223 words
      • Article
        Fears over stock prices dampen futures
        175 20  -  MSCI TAIWAN FUTURES Charlie Kuo, Charlie Kuo, Service Dealer, Refco Singapore Pte Ltd (SINGAPORE] The Slmox MSCI Taiwan Slock Indox futures contract fell yesterday on concorn that Taiwan stocks, especially electronics, have risen too much to justify their annual returns. The Nasdaq Indox, which
        175 words
      • Article
        Lock icon Russia oil exports up, may rise again
        232 20 ENERGY REPORT Reuters IMOSCOW) Russian crude and product exports outside the Commonwealth of Independent States rose 4.8 per cent last year over 1996 levels and may rise again if demand and prices warrant it, analysts said yesterday. State Statistics Committee data showed crude
        Reuters  -  232 words
      • Article
        Lock icon CURRENCY REPORT
        263 20 AFX-Asia AFP London THE US dollar continued to recover from lows, as gains in US asset markets ahead of the second leg of Federal Reserve chairman Alan Greenspan's testimony encouraged flows into the US currency, analysts said. The US currency also received support from data yesterday afternoon which
        AFX-Asia; AFP  -  263 words
      • Article, Illustration
        Untitled
        1186 20 OTERBAirK CROSS RATES Feb 25 1 1 1 1 <i, a hi roi nr f tw m> >*tr—< m Australia 0.946 6.17® 0.604 4 005 1195 1V46 26.056 6UC5 0*45 6.912 2.490 LI53 29J08 26J07 1*04 1280 0.9*6 21*33 ***** 1403 16*4 Canada 1.057 5.030 0.639 4234 12*3 5.441 27.547
        1,186 words
    • Article
      COMMODITY PRICES
      1705 21 SICOM FUTURES Feb 25 WBBEI (Mm ctostaq a at SJQmO IBS 1 C0NT1tACT(S cwrtiAa) CtoM Voiaatt OpM Mowtft Hp* Low Sttt (twm) trtfst Mar 98 124.00 60 Apr 99 128.00 127.50 127.00 600 2025 May 98 129JO 4075 Jan 98 131.50 3025 JWStp 98 139JO 300 4695 Oct/Dtc
      1,705 words
    • Article
      WORLD STOCK MARKETS
      2440 21 FMH tatertitafc 3IGro<w MS *B Porn 305 1 Mtoytatiorm 1300 *15 AMDMK4 575 *21 Amac V40 400 .600 Ml Group 200 -5 BAT md 611 *16 BC Pie 312 -0400 BJCC 02 V60C BOCGroup 922 2 B« Patroiawn 804 3 BTR IS9400 £600 Ban* o« Scotland 705
      2,440 words
    • Article
      Lock icon TOKYO
      1666 21 AFP Q Nikkei 225 +M2J4 SHARE prices ended one per cent higher yesterday on late bargain hunting which reversed earlier losses amid concerns over the nation's economic outlook. However, brokers said prospects for share prices remain uncertain despite the late rally due to a slew of downward revisions in
      AFP  -  1,666 words
    • Article, Illustration
      Lock icon HONGKONG
      1712 22 AFP flHangSaig +203.40 STOCKS closed higher yesterday with banking giant HSBC Holdings driving the advance, fuelled by foreign investors, brokers said. The Hang Seng Index rallied 203.40 points to end at a session high of 10,886.74. HSBC Holdings accounted for 103.74 points of the rise. HSBC Holdings surged HK$B
      AFP  -  1,712 words
    • Article, Illustration
      Lock icon CHINA
      735 22 Reuters nShenzhenßlndex -015 THE Shenzhen B share market closed marginally lower yesterday on a correction after Tuesday's gains, with investors anxiously waiting for possible new policies on B shares. The B Index shed 0.15 points to 97.93 on turnover of HK$24 million. The index gained 4 per cent on
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  735 words
    • Article
      Lock icon TAIPEI
      403 22 AFP QWPlnfai -39.36 STOCKS slipped 0.4 per cent yesterday due to overnight weakness on Wall Street in what dealers described as a healthy correction. "The market was affected by the fall in US. It's normal to pull back a little since the index has surged too high," said a
      AFP  -  403 words
    • Article
      Lock icon WELLINGTON
      261 22 Bloomberg n Wellington +1&39 SHARES rose yesterday, led by Telecom Corp amid speculation Ameritech Corp has found a way to sell its 24.9 per cent stake, which will ease the pressure on the telecommunication company's stock. The NZSE Top 40-share Index rose 18.99 points to 2,285.83. Bloomberg r*» us
      Bloomberg  -  261 words
    • Article, Illustration
      Lock icon BANGKOK
      965 22 AFP Q SET Index -106 SHARE prices closed lower yesterday amid profit-taking after Bangkok introduced a disputed oil tax as well as a new economic strategy for the year, dealers said. "I think the market was waiting for news to spur sentiment as it had discounted news on the
      AFP  -  965 words
    • Article
      Lock icon SEOUL
      453 22 AFP Q Composite Index -24-51 SHARE prices closed 4.5 per cent lower yesterday after new President Kim Dae-Jung vowed to take a tough stance on conglomerate reforms. News of Standard and Poor's downgrade of 15 Indonesian banks also hit the mar ket. pulling down Daewoo Group shares seen to
      AFP  -  453 words
    • Article
      Lock icon SYDNEY
      635 22 AFP F1 AD Primaries +15 SHARE prices gained 0.4 per cent yesterday as support for industrial stocks offset a weaker resources sector. "The safe money is going into industrials and out of resources." said a broker. The All Ordinaries Index rose 9.5 points to 2.675.7. Turn over was 283.4
      AFP  -  635 words
    • Article, Illustration
      Lock icon JAKARTA
      735 22 AFP QOompoote Index -IL4B SHARE prices dipped 23 per cent yesterday amid heavy speculative trading and lingering uncertainty over plans to set up a currency peg. "There was lot of blue-chip selling, but the broader market was mixed with heavy trade centred in speculative counters," said a dealer. The
      AFP  -  735 words
    • Article
      Lock icon MANILA
      297 22 AFP Fl Manila +52.92 SHARE prices closed 2.5 per cent higher yesterday in a technical rebound. The Composite Index rose 52.92 points to 2,153.70. Turnover was 1.74 billion shares worth 1.93 billion pesos. PLDT gained 10 pesos to 1.040 after announcing that its net profit rose to 7.65 billion
      AFP  -  297 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Genting, Resorts World lead shares lower
        575 23 AFX-Asia n Composite Index -17.03 SHARK prices closed lower yesterday, led by sharp falls on Genting and Resorts World largely over the possibility of being required to "bail out" bumiputra companies. Dealers said the prime minister's statement that allowing non-bumiputr«as to buy stakes in
        AFX-Asia  -  575 words
      • Article
        Untitled
        9678 23 M0UST1IALS Cmswmt products 1998 Last Vol Day Net Cap High Law Company Sala OOO Hlg* Law P/t Smll 310 180 A|inomoto 260 14.4 >05.4 148 73 Anqkasa 125 -3 156 134 125 2.9 184 3 290 123 Apollo Food Mlg 225 -15 20 240 225 6.5 90 0 388 190
        9,678 words
    • WARRANTS & OPTIONS
      • Article
        Affin Hldgs wrt worth watching amid play on M'sian finance sector
        183 24  -  WARRANT WATCH By R Sivanithy AFTKR rising 7 per cent on Tuesday, the Malaysian finance sector fell back yester day. This might just be temporary profit taking after a sharp run-up and if so, it might be worth a
        183 words
      • Article
        Untitled
        3677 24 BONOS, LOANS WARRANTS m ,007/0* Lift Vol 0«y Lilt Quote Av« High Low Stno Company SaJe COOO) High Low Buyer Seller Price 68 9 m 3000 m AM0ec5.5******6_ 18 -0.5 40 19.5 18 17.5 19.5 81 8 3160 -Acer ******1USS 14.5 -IS 83 14 5 15 16 131 8.5 3164
        3,677 words
    • Article
      CLOB INTERNATIONAL
      2363 24 Transaction Date :Feb 25 I MALAYSIAN STOCKS Cr Of 1997/98 L4®t Vd Ovr LMtOMt* O* O* Y* N* *Cl» L— SO» Sa» rooo) L— +rr* t*> CV W 478 28 m > 5000 AJS8 50c 109 -6 1711 na M «e W 5-0 3-3 0 44.3 IM 137
      2,363 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1898 25 TURNOVER COOO) VALUE COOO) mil Cf6 Total Mate Clt Tm Industry 95.577 157,907 253.484 *47.924 116.623 264.544 Financa 6.873 82.144 89.017 40.041 ***** 103,935 Hotels 978 5.883 6.861 1.349 3.209 4.559 Properties 14.218 123.462 137,680 39,767 ***** 98.028 Plantation 22.690 22.690 33.265 33.265 Mining 3.760 3.760 3,355 3.355 BLW 7,209
        1,898 words
      • Article
        MAIN BOARD
        6080 25 Transaction Date: Feb 25 Cr Of M 1997/98 La*t Vol Day Lait Ouot# Ota Dtv VW Net Ca# A»g High Low StMo Company Solo COOO) High Low Buyer Seller H C'yr P/l $mll Price INDUSTRIALS 157 18.5 e 1020 ACE 0ynamics60c 37 unch S 37 36 36 37
        6,080 words
      • Article
        SESDAQ
        1207 25 Cr Cr M Wt 1997/M Inl Vol Day Loot Oust* Otv Dlv VM Hot Cn Ar* Htfh Low StNo Company tiM I'OOOt Ml»h Loot Bwyor SoMf H C'vf Wl $m» rnco StSSM 186 76 /OOO AlfWMetgtV K)4 I *0 HI »04 K)4 HO 10 »0 0< I4lt 4f »0)
        1,207 words
      • Article, Illustration
        HOT STOCK
        62 26  -  by Shiv Taneja FACB BHD closed unchanged yesterday at 33.5 cents on a volume of 13.6 million shares, compared with its 10-day traded average of 6.3 million units. In the near term, the counter is expected to trade sideways with a negative bias. Longer term, there is more
        62 words
      • Article
        Untitled
        223 26 Stocks VotlHM •MBF Land Bhd 43,984,000 •MBf Capital 28,795,000 Easyknit HMOc 25,126.000 "Renong Bhd 50c 24,025,000 •Rekapacific Bh 20.193.000 •Innovest Bhd 19.133,000 •MBf Hklgs 50c 17,626,000 •Westmont Land 13.792.000 •FACB 50c 13,601.000 *M Resources 12,281,000 Stocks SPH foreign 36,216,344 •MBf Capital 23,050,320 DBS Foreign 21.644,752 •NBT 20,398.280 •Renong Bhd 50c
        223 words
      • Article, Illustration
        Latest economic data stirs mild market interest
        680 26  -  STOCK MARKET COMMENTARY 1997 growth data, downward revision of 1998 forecast long discounted, say some observers lit/ R Sivanithy ISINGAPORK) A rise in Singapore Press Moldings Ixtcal shares to a now high and light accumulation of a hand fill of blue chips hol|iod
        680 words
      • ON THE GRAPEVINE
        • Article
          KLSE on the ball
          103 26 Tl IK Kuala Lumpur Stock Kxchange has baeont more vigilant under Its now boss, wo hoar. Irately, tho exchange has been sondlnga flurry of queries tolisted companies on a host of matters, ranging from unusual price movements to reports and rumours published in newspapers. There are
          103 words
        • Article
          Who'll follow Habibie?
          146 26 NOW lhat B.J Habibie is a sure bet to become Indonesia's next vice-president, Jakarta analysts are already speculating about who among his supporters will be selected in the next cabinet There Is talk lhat MrZuhal.oneof Mr Habibie's senior economic advisers, will be appointed the nexl Mini's Knergy
          146 words
        • Article
          Baring the truth
          117 26 WE HEAR that Singapore's local banks are mulling over how far they should go when they do the strip-tease on their regional loan exposure in the next two weeks. A breakdown of such loans is expected when banks released their 1997 year-end results. One banker pointed out
          117 words
        • Article
          Mad about location
          101 26 WE ALL know that property is all about location, location, location. But how about this for location? This is what real estate agents say over the phone when asked about the location of a certain project near Punggol: "Right next to Club Med". Club Med? Has the
          101 words
        • Article
          The birth of MOM
          54 26 THE M inistry of Labour will change its name to Ministry of Manpower —or MOM, going by its acronym on April 1. Upon hearing this, an observer quipped: "Those in the ministry are now in labour, but will become MOMs come April Fool's Day." Wonder when
          54 words
        • Article
          Singing at signing ceremony
          70 26 NATIONAL utilities company Tenaga Nasional Berhad (TNB) will soon form a joint venture with Telekom Malaysia and Smart Australian Co to set up a programme called "Intelligent Home Gateway". It is not clear what the system will do but the agreement will definitely be interesting. TNB
          70 words
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      57 17 j#-"**" v TJjV. PROPERTY FINANCE FROM SINGAPORE. For further information, please contact either Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 Highly Competitive Interest Rate Fast and Convenient Service Flexible Loan Package Pre-purchase Approval y<£ The Royal Bank A* of Scotland
      57 words
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      97 18 AARyf[CKETjSy///,"j BANGKOK fr $240 PERTH fr $370 CAIRNS/ADELAIDE fr $480 BRISBANE/SYDNEY/MELBOURNE fr $500 AUCKLAND/CHRISTCHURCH fr $850 1 HONOLULU fr $900 10$ ANGELES SAN FRANCISCO/SEATTLE fr $999 NEW YORK fr $1100 LONDON/EUROPE fr $850 KAOHSIUNG fr $350 'For selected carriers, special fares are applicable only if purchased with land tours. A
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      14 18 Buy It. Sell It. Find It. Classified. s Call Today For Results Tomorrow. ISOO-737-1166
      14 words
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      Page 19 Advertisements Column 1
      238 19 The NEC MultiSync MTBIO MTIOOO LCD Projectors. rOWoiTUI, rO(XBOiV| rrOTSSwOnBI The MTBI MTIOOO offer outstanding, quality designed to AH-ln-One Unbeatable Remote Control stylish remote with built-in QQ«3 only laser pointer allows: f $0 Quick access to key features and image adjustments brightness and colour contrast Computer and presentation MultiSync MTBIO/MTIOOO
      238 words
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      Page 19 Advertisements Column 2
      161 19 Make vour visitors 10 SinBapore the lrip is not quite complete without a visit stopover to Singa Inn Seafood Restaurant. An idyllic setting by the sea .i with attap-thatched huts, Singa Inn Singa Inn! whips up a delectable selection of live seafood nightly; from spicy chilli crab j to specialities
      161 words
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      79 22 i z' I'm so happy Hello'l m calling about X Gosh.youre X found t thtough yout advert'scmentm great just l.lce The Straits Times Classified. 1 i The Straits I imes (classified... I the ad i> i i M 1 y Im going to take real good y you still have
      79 words
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      35 25 of flowers (VJ-yß irlfricnd f Buying or selling through V ULTJ The Straits Times Classified is child's play. ii i l rnr </ BHTJ they're so I r'l %T .1J 'gflT Call CATS. at 1800-737-1166. 1
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      860 26 BUSINESS Notices NG NG INVESTMENTS PTE LTD LOST OF SHARE CERTIFICATE Notice is he r eby given that the following shares certificates in M/s Ng Ng Investments Pte Ltd registered in the name of the following persons has been lost, destroyed or mislaid Unless there is some daim or representation
      860 words
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      Page 26 Advertisements Column 2
      479 26 r FEDERAL PAINT 1 MARKETING FTC LTD LOST SHARE CERTIFICATE NOTICE is hereby given that ttt« Share Certificate No. 5 for 300.000 Ordinary Shares of S*l/- each In Federal Paint Marketing Pte Ltd registered m the name of En More Holdlnga Pte Ltd (Reg No 1M*****9C) has been lost or
      479 words
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      Page 26 Advertisements Column 3
      635 26 IN THE MATTER THE COMPANIES Ml, CAP. PURSUANTTOSHTION 2Wt2*bl ANI> IN THE M ATTER (>♦ HARRY MME ENTERPRISE PTE I.TI> (MEMBERS' VCH.I NTARY WINI>IN(. I P) Al Ml hUraordinary (iencral Meeting of the ahovenamed Company Jul> I!■!!■< and held al I \S Middle K.-ad •»> 02 Hy lamls Hullding Singapore
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      Page 26 Advertisements Column 4
      47 26 To advertise call toll-free 1800-741 1883 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.
      47 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      299 27 Bridge News, Reuters FIRMER Panamax rates were reported despite the stand-off between owners and charterers with owners asking higher freight rates and charterers holding off from fixing. However, there was talk that rates could ease again, but little has been seen so far to support this. The Baltic
      Bridge News,; Reuters  -  299 words
    • Article
      MARITIME STOCKS
      306 27 SES '000 Flt» 1$ Itt CWT OtstrttutWn 0.71 *0.025 27 Chuan Hup 0.45 *0.01 37 Cmco m*astmant 0.815 Fraight Uhks 0.33 unch 214 G8 Holdings 0.32 *0.01 11 Hai Sun Hup 0.60 unch 81 Hitachi Zosan 0.625 unch 21 IMC Holdings —HK 5.60 Jaya Holdings 0.43 *0.01 8
      306 words
    • Article, Illustration
      Lock icon PSA sees regional crisis slowing down '98 growth
      439 27  -  PSA Corp International Advisory Council Inaugural Meeting But North-east Asia, Sooth Asia and Oceania provide buffer: chairman Reports by Marcus Hand [SINGAPORE] PSA Corporation expects growth rates in 1998 to be reduced compared to last year due to the effects of the
      CHRIS LOH  -  439 words
    • Article
      Lock icon Aussie farmers' body to start 2nd non-union stevedore
      247 27 Reuters (SYDNEY) Australia's Nation al Farmers' Federation (NFF) said on Tuesday it planned to set up a second non-union stevedoring operation outside the city of Melbourne, and was braced for further union industrial action. NFF industrial director James Ferguson said the NFF
      Reuters  -  247 words
    • Article
      Advisory panel raises issue of port costs and value
      332 27 [SINGAPORE] The issue of cost competitiveness was highlighted by members of PSA Corps International Advisory Committee yesterday. Speaking at a media briefing following the inaugural meeting, council member Flemming Jacobs, a partner in Danish shipping group A P Moller, said that
      332 words
    • Article
      Shipbuilders face thin pickings in next decade
      758 27  -  NEWBUILDS By David Hughes BOOM followed by bust is the way Ocean Shipping Consultants (OSC) describes prospects for the world shipbuilding industry in a flyer for its latest report. The picture painted by its 210-page, detailed new report. World Shipbuilding to 2010, is
      758 words
    • Article
      Lock icon Five NZ stevedores under receivership
      157 27 Reuters (WKLUNGTON) Five steve dores linked to New Zealand's largest wharf handling firm. US-owned New Zealand Stevedores. have gone into receiver ship and ceased trading, threatening over 280 Jobs, receivers said on Tuesday. Receivers Grant Graham and Hrendon Gibson said in a statement they had
      Reuters  -  157 words
    • Article, Illustration
      Lock icon Boeing, Airbus vie for order
      916 28 BRITISH AIRWAYS GOES SHOPPING British airline has called for proposals from the two manufacturers to sell it up to 100 planes worth about USs4b Bloomberg BRITISH Airways said it plans to buy as many 100 shorthaul planes from either Boeing Co or Airbus Industrie. an
      Bloomberg  -  916 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      258 28 PAGE Djak Lloyd 9 ACL 9 Dongnama 7 ANL 3 ECL 5 n Accord 8 Ethi °P ,an 6 Appenship 5 roonl > Sun 8 Astra 4 CUnk 4 a Astro 3 Gemar,rans 8 Austral 9 CenShpq 9 j Hai Sun Hup 8
      258 words
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      SHIPPING GUIDE
      25686 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number v; 02/03 08/04 Evergreen NOOVA TRIESTE 1065W ******111 A 03/03 09/04 Triestino NOOVA TRIESTE 0203 021W 88 *****35 ■r iBin lill/iBIl
      25,686 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        825 41 Vtml Voy No Bwth Arrival Dtpwtur Un 437 N J06 do«4»Kl« 25.02/2000 *s«o«tofY 13 JOT ao«o«>t R 46 444} 01* JO) alonQiida 02/1500 It s «a««w FIK4 JOI longua, J2fl700 It S4M J M *****6 J01 25 02/1500 It SMiti 0224* J01 24.02/0400 It Jar I* *****6 J01
        825 words
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        CONTAINER SCHEDULES
        1786 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklrtq/B«Unc« Rstls Ship Voy No Etb/Btr P»rlod From To From Aci UUC 0(11 27/2151 u 25/1500 ?v»m 25/woo w 25/1100 21/Mi isfloo 2* 25/1200 24/0454 24/0100 21 25/1700 24/0*51 24/0900 1 26/0700 24/1111 24/1400 4 24/1200 24/M51 24/1700 MMrtk 012
        1,786 words
      • Article
        GLOBAL HOLIDAY
        204 41 Mat 2 Greece/Orthodox Lent Monday. Mar 17 United Kingdom: St Patrick's Day. ■Urao Japan: Vernal Equinox Day. Iter 21 Mexico: Juarez Day. Mar 28 Greece: Independent Day. Apr I Hong Kong Chlng Ming Festival. Apr 7 Brunei: Harl Kaya iiajl. Malaysia: llarl Kaya IfaJl. Apr Denmark Maundy Thursday.
        204 words
      • Article
        COCKETT BUNKER MARKET REPORT
        889 41 THIS report. compiled by Cockett Marine Oil I l'l *hiiw* price raniie* In lIS dollar* In ■tead nf *ingle price* for a more comprehen »lve description of the market Prlrm ihown are baaed on average •lied *tem Market movement* are Indlcat ed The 'orkett Hunker Price
        889 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        401 41 Carton 180 Mm 1016.5 0.8 14.1 O.U 106 0.05 r*»lf Ownlty N«t*< H«Mm Art Mamt No abow E25 5 0 0 4 1 0 380 Aw 984.3 0.4 13.0 0.06 26 0.01 (um 380 Mai 992.0 1.0 M.9 0.14 48 0.04 WW! »in h m/h »h/m
        401 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        World cargo growth seen to triple in next 20 years
        559 42  -  Boeing expects growth to stimulate demand for additional 1,200 planes in that period Reports by'. Felix Chan [SINGAPORE] Boeing Co painted a rosy picture of the air cargo market yesterday, forecasting a tripling of world air cargo growth over the
        559 words
      • Article
        3 carriers in aero parts venture
        132 42 tSINGAPOREI Germany's Lufthansa. United Airlines of the US and Air Canada is to set up a joint venture company to buy and sell aircraft parts in the secondary spare parts market that could be worth US$BO million (5J130.4 million) annually. Scheduled to start operations
        132 words
      • Article, Illustration
        Lock icon Whirl of activity
        57 42 [SINGAPORE] Visitors making their way into Hall One of the exhibition area for Asian Aerospace '96 yesterday. Asia's largest aviation trade show opened here on Tuesday with an appeal from the host, Singapore, for the world's top aerospace firms to "stay engaged with the region as it
        ARTHUR LEE  -  57 words
      • Article
        Pratt to spend US$1b to develop engines
        324 42 [SINGAPORE] Aero-engine maker Pratt Whitney said yesterday it would spend about US$l billion (SJI.6 billion) to develop four new engines, including an entirely new geared turbofan. Pratt Whitney president Karl Krapek told a news conference on the sidelines of Asian Aerospace'9B that the
        324 words
      • Article
        Lock icon Indonesian airlines on verge of collapse?
        161 42 AFX-Asia (SINGAPORE! Domestic airlines are on the verge of collapse amid the economic crisis caused by the rupiah's steep depreciation. Iladi Soemarto, president of the Indonesian National Air Carriers Association. said. lie told Flight Daily News. a Journal published in conJunction with the Asian
        AFX-Asia  -  161 words
      • Article, Illustration
        Lock icon Europe, Japan seen to hold key to 'open skies'
        417 42 They can break US hold on access to foreign aviation market: SIA exec Reuters |SIN(JAPORK| Kurope and .Japan are the key power brokers which could make "open skies" a reality for the world's airline operators, a senior industry executive said on
        Reuters  -  417 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1614 42 CITY FLIGHT ETA FLtCMT (TD Abu OftaM CV794 2005 1535 BA7305 ?2?0 AdataM* BA7381 1930 8A7382 2050 J*?? ,0 *m SIS K 5S IS Amstardam *1843 0550 *1838 2335 frt,,oU 17X1 509,0 0,75 $025 0700 Goang/ho« WC S0803 WO C7352 9635 M.837 1540 C/353 2035 $0804
        1,614 words
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      19 27 B A goes aircraft shopping It has called for proposals from Boeing, Airbus for orders worth USs4b. Page 2
      19 words
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      Page 27 Advertisements Column 2
      113 27 EHHISI HOTEL 81* MtINCESS HOTEL 81 •HOLLYWOOO HOTEL 81 •GOLD lorong 12 GeyUng Lorong 8 Grylang Lorong 20 Geyiang Tel: 842 8181 Tel: 383 8181 Tel: 295 8181 HOTEL 81 'STAR HOTEL 81 •CEYLANG HOTEL I -CHERRY Lorong 18 G«ylang Lorong 16 Geylang Lorong 12 Geyiang Tel: 748.8181 Tel:841 8181
      113 words
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      Page 27 Advertisements Column 3
      20 27 Boeing upbeat about world cargo growth It sees tripling of growth over next 20 years, spurring plane demand. Back Page
      20 words
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      795 28 I IMPORT 1 i no*™****™ I i mmmsmsmm: SINGAPORE CALJPORNU EXPRESS (DIRECT FROM WEST COAST) QULF KARACHI EXPRESS(OKX) VISSII VOT 0U IWWI SU j U SM VISSII vor 1u DMN MM KM CM M 0 SMN LAJtGS liT I 11WS04 24/01 29/01 71/01 02/02 25/02 NOI KOI 211 20/07 22/02
      795 words
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      Page 28 Advertisements Column 2
      694 28 L-oes 4 sef/ces retxesertea I 0 by Merrtovs of tne Registryof H« Wl Srgapore Fre>gM Forwaraers wBSy Accented Sf ipp ng Age-"'- lujUp Assoc aton S'rgaoce Assoc atior o ur Sl^PPlXGT^^^^O^Xjt^E Just talk to US. Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORt' 3 x Jopon 2 Hongkong "Ac- -c «.oo»-
      694 words
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      1089 29 I SAX SERVICE (DIRECT) VESSEL VOY SIN ETA lAX OAK DAI HOP CH COt MEM ATI HYC NOl AMAZOWTE 0131 19/02 05/03 10/03 10/03 11/03 11/03 11/03 11/03 17/03 17/03 NOl SARDONYX OOlt 25/02 12/03 17/03 17/03 U/03 U/03 _JB/03 18/03 _]_9/M 19/03 NOl AtfXANDMTE 0371 09/03 19/03 24/03 21/03
      1,089 words
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      Page 29 Advertisements Column 2
      2441 29 Q9 H ANJIN SHIPPING USA CANADA* IDRVSI/VOT lAM SM UNC HAW/VOT SU~T TtW DIN POX CM MSP r PIT DTT MtM PHI j IWI TV I TUi TTZ KSUTTUMM 25/oT ~26/02 MKT W/oT 71/03 77/03 72/03 73/03 73/03 24/03 25/03 25/03 25/03 26/03 72/03 7t/03 26/03 H.IONOONO7OI 27/02 01/03 C
      2,441 words
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      1712 30 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN/CANADA «sS£l VOr "ST liH HTM AMR HAM 88 V fU VISSIt VOY SIM JtD Gil SPf FOS VIC MTU TRAOEMAPti WQOI2 27 02 20 03 21 03 19 03 20 03 22 03 IBNZAIDOUN WMBI2 2( 02 11 03 17 03 19 03
      1,712 words
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      Page 30 Advertisements Column 2
      1291 30 M YANG MING LINE YML Internet Web Site http: //www yml com tw arrival fixed day tuesoay VESSEL VOY LEH EXT HAM ANR HEA SIN MAI ACCA BR ABO2I SID SLO SID SID SLO 0103 MINI". SUN ABO3E SID SIO SLD SID SID 10/03 MING GALAXY ABO4I SLD SID SID
      1,291 words
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      Page 30 Advertisements Column 3
      598 30 LINE 99" J* TIL: *****36 FAX: *****12 MUARA LABUAN VKHI vor ETD tTA VISSU VOY itd eta SPORC MUARA SPORE UN APRIL GIOBY VOSE/98 SU) 25/02 APRII GIOSY VOSt/98 SID 26/02 JNOSPM VOM/M 27/02 02/03 JWOS«R VOti/W 27/02 03/03 APRIIGiORY Vo6</S 04/03 07/03 -WOOtY VO6C/9J 04/03 08/03 I. PROSPER VO7I/98
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      1476 31 [vessel voy sin bkk pgu pkg pen blw sur BA BIK 1 IRAN SHOJAAT PJL-1271 10/03 18/03 IRAN TEYFOURI PJL-1273 17/03 26/03 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN. ARMENIA, KAZAKHSTAN. UZBEKISTAN, TURKMENISTAN. KIRGISTAN. TAOZHIKISTAN GEORGIA VIA B ABBAS. BIK AGENT IN SINGAPORE AGENT IN
      1,476 words
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      Page 31 Advertisements Column 2
      2648 31 EAST WEST AFRICA 1 (VIA DURBAN) I EVERY FRIDAY I I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL: 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD •I/ OSDBSBLDG SAIES/IKGS *****41/43 INWARD OEPT <D/O) *****8S COSTAR AGENCIES (M) SDN BHD (R NO: **********0 M TOWER TWO
      2,648 words
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      1708 32 EUROPEAJK/SCANDIWAVIA/FINLAND/HUSSIA SGP ROM ANW HBG THP ZEE IHV IHV THP ROM ANW HBG PHI SGP E DAINTY RW 004 28 02 20 03 25/03 21/03 23/03 24,1)3 25,03 E GROUP RE 057 29 01 28 01 30,01 01/02 24 02 25/02 E RESULT RW 018 07 03 27/03 01/04 28,03
      1,708 words
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      Page 32 Advertisements Column 2
      1104 32 am MAC-NELS S PORE M'SIA Carrier: MN CONTR LINES, INC J OWNOsl200«7S0000« SIBU: (064)*****9 MANILA: (632) *****61 I W PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 KUCHING (082) *****1-3 MANILA OENOA/BARCHONA/LE HARVE MV "MARCON" V.802N MV "MSC ALEXA"
      1,104 words
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      Page 32 Advertisements Column 3
      456 32 ffsk NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VOT SIN PtU PUR (PT R/lAY GOLDEN DRAGON 003S 01/03 11/03 15/03 19/03 NANTAI PHINCESS 0?0S 08/03 23/03 27/03 NANTAI QUttN 026S 17/03 25/03 2S/03 02/ M 05/04 NANTAI WAGON 005S 30/03 09/04 13/04 17/04 NANTAI WINCE 0215 05/04
      456 words
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      638 33 BSA m MYANMA pBBk FIVE STAR LINE (Myanmar National Line) loading for Yangon (Rangoon) VESSEL VOY SIN PKG PEN PGU MERGUI 142 IN PT AVA 146W 03/03 MALAYSIA AGENTS. SOUSTEAD SHIPPING AGENOES KUL TEI 07-03-*****00 PKI: TEI 02-03-*****01 PEN: TEI 02-04-*****02 PGO: TEI 02-07-*****21/4 BANK LINE (A $ervic» ol Andrew
      638 words
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      Page 33 Advertisements Column 2
      1322 33 A HYUNDAI MERCHANT MARINE CO. LTD. IVESSEL VOT I SIX I SOU I LEH RTN I AKT I HAM 1 BRV IHL [VTSVII VOT SOU UH RTMTANT THAM BBV HI SIM HY GENERAL 3IOW 23/02 11/03 12/03 14/03 14/03 14/03 17/03 HT(OMMOOORE3101 29/01 OS/0I 03/02 02/07 01/02 03/02 23/02 HY
      1,322 words
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      Page 33 Advertisements Column 3
      984 33 nowegion ipecolued aulocornerc MUFmiMiHse* (j^§@(£ TO NORTH AND LATIN AMERICA [VESSEL VOY RAMP HEIGHT SIN LAX CM MIA SAV BAI ORF NYC NEW MOB TAIKO fIOS 400 Tom 6.3 M 01/03 28/03 ***** m7oT 10/04 12/04 13/04 14/04 19/04 20/04 TOURGO4NG FBO6 400 Tons 6.3 M 17/03 10/04 19/04 22/04
      984 words
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      1038 34 BANQKOK/LAEM CHABANO JAKARTA/PAN J ANO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN MATHU BHUM 3S9NB In Pt 01/03 XETHA BHUM ***** In Pt 28/02 YANTRA BHUM 229N 28/02 04/03 XETHA BHUM 226S In Pt 28/02 KITI BHUM 43N 01/03 04/03 04/03 GURU BHUM* 67S 28/02 03/03 ANAN
      1,038 words
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      Page 34 Advertisements Column 2
      421 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0208 TEL: *****68 FAX: *****64 TLX: R*****5 SINMER Slil CR No: **********0W Receiving Cargo at PTI Blntulu i Muara VfSSU VOY SIN |T0 5* UA BSeno V9804f 07 03/03 08/03 *A Iwie V ***** 03 03/03 08/03 B Btloit V9BOSI 09
      421 words
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      Page 34 Advertisements Column 3
      621 34 a ACCORD A SHIPPING PTE LTD S±B TEL ***** IS (40 Li»«s) FAX *****30 POM KLANG (03) 367 1001 J DIRECT ACCESS TEL *****5S (EXPORT BOOKING) fAStt GUDAHG (07) 351 1377 *****34 (EXPORT DOC), *****39 (IMPORT) HHAMG (04) *****41 URL-.HTTP://WWW.ACCORD.COM.SG JAKAKTi (H) 640 0770 PORT ITA SIN PORT ETA SIN
      621 words
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      398 35 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE VSL VOY fs PORE A DAM R OAM H BURG BREMEN ANTWERP A VESSEL 27/3 1/4 OMIT 5/4 TO AUSTRALIA FULL CONTAINER SERVICE VSL VOY TSTg FRE BNt SYO MEL HBA API ERE AUST ENTERPRISE VI2S 2402 2MK 0&03 1103 1603 1103
      398 words
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      Page 35 Advertisements Column 2
      1201 35 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Cecil Street, *12-00, PIL Building. Singapore *****0 Li TEL: *****21, FAX *****19. TELEX :RS ***** ACLPL CRNO **********0E OPERATIONS: *****60/*****05 BANGKOK JAKARTA (WMkly S Slgt PAT/ Slgs LCK t Slg BMT| IS Sallingt/Waak I VESSEL VOY SIN BKK VESSEL VOY MN JKT
      1,201 words
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      Page 35 Advertisements Column 3
      950 35 VESSELS VOY I SIN I J6D I MLA LEH HAM THP RTM ZEE VILLE DC VWGO S24W (XVO3 12ZOO 17/03 22/03 24/03 26/03 26/03 27/03 VILLE DE NOW MA N24W 13/03 22/03 26/03 31/03 02/04 04/04 04/04 OS/04 VILLE DC GEMINA H24W 19/03 28/03 02/04 07/04 06/04 10/04 10/04 11/04
      950 words
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      Page 38 Advertisements Column 1
      53 38 To retrieve more schedules, just follow these simple steps... document /\)\a.\ bo faxed M kA* M \J} io yoU ,>rcss 1 m the port '"Winter your Step key in the four number /jf digit code Key in your Example: i fax number To NEW YORK (NYC) 2275 United States for
      53 words
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      120 41 LKCCNO: R Thundarstotm T#mp#rotur# c X\ y Show#r W#oth#r w "d direction with tc««d m knot* R vJ Goudy Sky Wov Woe# win* or* md«cat#d by of row! wfctdi Hy wtt* rtt# wmd On# hji cjfcJ# r#pr#s#nts colm or Sght and «anot>4# «*>ds J Or* ho* «t#ch# r#pr#s«nts 3 knot*
      120 words
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