The Business Times, 27 February 1998

Microfilm: NL21083
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    22 1 THE BUSINESS TIMES 85c MIT A (P) 110/12/97 S I N (S A P O K K Internet: http://www.aslal.com.sg/biztimes FRIDAY, FEBRUARY 27,1998
    22 words
  • Article
    MARKET SUMMARY
    57 1 Bm KMJi (+11.73) 0 MBJsf+7.o6) Q SSt+6.B9) Q IUIXETaOOOE Tharsdey Ckafe KLSE COUP 7tl.1t ♦MJI NIKKEI MJ0L7V—♦ 14 LM HANG SENG 11£24.78 +33&J4 SET INDEX UAM +IIM JAKARTA COUP _«181 *4 MANILA COMP +2Mi TAIPEI WPI mtt SEOUL OOMP U4M *U§ CUBA CHINA B IjHMt -LSI AUST ALLOW)
    57 words
  • Article
    FINANCE
    72 1 l'8S SS USS »*4 f 1449 2J68 DM IMI MM YEN 100 0.781 1.288 MS 02W 0.437 HKS 0.121 0110 BAHT 0-023 0.038 BUP1AH 100 0J11 0.018 tntorbank nl0 PHUBIfflS SINGAPORE* 7Jt KUALA LUMPUR. 10.46 JAKARTA AM BANGKOK lUft MANILA 17 M HONGKONG IMS TAIPEI i JBM SYDNEY TOKYO
    72 words
  • Article, Illustration
    GIC to place out $25b more to private fund managers
    1340 1  -  Move is part of new strategies to make S'pore premier fond management hub in Asia By I Conrad Raj [SINGAPORE] THE Government of Singapore Investment Corporation (GIC) will place out a further $25 billion to private fUnd managers over the
    1,340 words
  • Article
    Lock icon Thai central bank set to write off massive US$11b in bad loans
    275 1 Report says amount will equal value of assets held by Bank of Thailand AFP [BANGKOK] The Thai central bank looks set to write off up to US$ll.6 billion (SslB.B billion) in bad loans extended to banks and finance
    AFP  -  275 words
  • Article
    Citibank and Alpine test drive leasing scheme for new Mercs
    499 1  -  Car will be registered in customer's name with private plate By< Christopher Tan [SINGAPORE) Citibank and Alpine Leasing have come up with a scheme that allows a buyer to have a brand new Mercedes-Benz at "no heavy cash outlay" and
    499 words
  • Article
    Govt to target budget surplus despite slowdown: PM Goh
    651 1  -  Analysts see smaller budget surplus having expansionary effect Hy\ Catherine One, Andrey Tan (SINGAPORE) The government Is aiming for a surplus when it unveils Budget 1998 today, Prime Minister Goh Chok Tong revealed last night, though businessmen have been calling for
    651 words
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      100 1 nigra Wlj intertask rates are easing Plus, comments from a senior Monetary Authority of Singapore official, P|2 StattWngfcstel ran rates Scores of hotels and travel agencies are throwing their weight behind this industry initiative, Pg2 Pnpttty qiirich Major property consultants are downsizing and laying off staff, Pf 2 Legendary patriach
      100 words
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      62 1 More reports, Pg 3 Silk twill scarf, pleated scarf, tie. beach towel. pareo, cashmere shawl, ashtray. "Clic Clac" enamel bracelet, gloves, embroidered ballerina shoe. "Kelly" watch. -> "24. Faubourg jewel purse spray fl k 'T -ijp n>■ I 9 IT kWBUDML H f C if --v' Pair your name with
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Falling interbank rates reflect lower risk: MAS
      459 2  -  Analysts set tetter liquidity continuing with tighter credit assessment By\ Stiow Li Sen INTERBANK rates have been falling faster than expected to below 6 per cent, inviting a senior Monetary Authority of Singapore official to say that it is "reflective" of the situation.
      Sotfw Umm Smtn  -  459 words
    • Article, Illustration
      Lock icon Over 100% jump in forced property sales
      527 2  -  Diana Oon THE number of forced property sales has more than doubled so far this year. While this has drawn the crowds back to property auctions. actual transactions have been few and far between. Of the total 58 properties put on the block
      CaaaMfclT  -  527 words
    • Article
      TDB to provide data on World Bank projects
      294 2 S'pore firms can also get inwrance against political risks BUSINESSMEN can now expect better access to information on investment projects funded by the World Bank. They also now have another avenue to insure their overseas investments against long-term political risks. The Trade
      294 words
    • Article
      Hotels, travel agents tie up to stabilise room rates
      440 2  -  Joint promotion to offer 720 rooms a day at $90-$l7O for I months from March By Frances Lui AT LEAST 35 hotels and 42 travel agencies will be taking part in a six month long industry Initiative starting March to stabilise
      440 words
    • Article
      Tough times forcing properly consultancies to restructure
      413 2  -  Colltors trims staff, JLW, Chesterton dose indistrial depts By> Abdul Hadhi THE property slowdown has started to bite major property consultancies this week embarked on restructuring and retrenchment exercises. Colliers Jardine has started retrenching on a regional scale while Jones Lang Wootton (JLW)
      413 words
    • Article
      Motorola cuts work week to deal with fewer orders
      346 2  -  pay ate; staff t« take annual w advanced leave By' Teh Hooi Ling INSTEAD of retrenching its staff to cut costs in the face of the current economic slowdown, Motorola is going on a four-day work week for the month of
      346 words
    • Article, Illustration
      Lock icon 32% chance of 4-5.4% growth
      395 2  -  EYE OM THE ECONOMY GDP Carol Eng THERE'S a 30 per cent chance that economic growth this year will fall between 2.5 and 3.9 per cent, and a higher 32 per cent probability of it falling within the 4-5.4 per cent range, according to private
      Source: Companies  -  395 words
    • Article, Illustration
      ST Marine acquiring skills for submarine maintenance
      548 2  -  ASIAN AEROSPACE W ST Engg unit and Navy also monitoring the development of stealth technology Reports by\ David Boey IN ANTICIPATION of future demand for submarine maintenance work and orders for large warships. Singapore Technologies Marine is going all out to acquire skills
      548 words
    • Article, Illustration
      Lock icon ST Marine unveils a model of its stealth warship
      232 2 VISITORS to Asian Aero space'9B should not miss catching this model of one of Singapore Technologies Marine's stealth ships, called the Stem 570 PVS, that is being shown in public for the first time. A senior manager with the shipbuilder said
      ARTHUR LEE  -  232 words
    • Article
      BG Lee unveils new measures to liberalise CPF unit trust scheme
      550 3  -  MAg SEMDfAR Wider selection of fond managers, greater flexibility for them and better disclosure standards Byl Shiv Taneja DEPUTY Prime Minister Lee Hsien Loong yesterday unveiled measures that would further liberalise the Central Provident Fund unit trust scheme, which
      550 words
    • Article
      Stick to HK, S'pore markets in Asia
      422 3  -  and zero in on property stocks, says M Stanley strategist Ry Wong Wei Kong IT is still difficult to find value in Asian markets, with Hongkong and Singapore about the only ones that offer true value, a prominent Morgan Stanley strategist said yesterday.
      422 words
    • Article
      Dupont Corian opens regional HQ
      308 3 DUPONT Corian, US manufacturer of solid surface materials, yesterday opened its regional headquarters and distribution centre in Singapore. Keith McLoughlin, managing director of Dupont Corian Worldwide, told BT that the Tuas distribution centre, which houses 500,000 sq ft of stock worth about US$lO million (5516.3
      308 words
    • NEWSRoundup
      • Article
        NTUC welcomes manpower ministry
        115 3 THE National Trades Union Congress (NTUC) yesterday welcomed the formation of the Ministry of Manpower. It said that the state has a key role to play in upgrading the skills of its workforce as this responsibility should not be left only to employers and individuals. Commenting
        115 words
      • Article
        BAN set to test HDB market
        70 3 DISCOUNT cosmetics and fragrance chain B&N Collection will open a $130,000 store in Bukit Panjang this Sunday to test the HDB market. It also plans to consolidate its three Orchard Rd outlets into a shop of 10,000>20,000 sq ft in 18 months' time. Group
        70 words
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      38 3 ..ffor proven expertise in o commercial and «> industrial air-conditioning, CERT. NO 97/117 ventilation, mechanical mbowk and electrical Hitachi p|an systems. lOAnson Road #12-14 International Plaza S'pore *****3 Tel: 222 0665 Fax: 224 8358 Email hpcsgr@cyberway.com.sg Website at http://www.hitachiplant.hbi.ne.jp
      38 words
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      20 3 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. t Another Classified Service
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      11 3 Sunday Classified s at Clarke Quay CATA Every Sunday, 9am spm
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      75 3 Inr ijmihti/, iiuti Millie, there'* nothing eke like it. H fi* 4 w&JFN ■wV% 1 V_ > Vm .M^K&AIIA. VT-/?■ \IyVM K#ttn£ t tit bAIYM m 1 VVtllg 1«\ J Hl9' vw^EXXa&;« U 'a 1 i •.»&.ftti M l %s[9 PY*fe :VW'» vSSS I Lamw *a sTBI Fir iii'itE %mI.S
      75 words
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  • MARKETS IN TURMOIL
    • Article
      Lock icon 13 foreign banks set up panel to restructure Indon debt
      216 4 AFP [JAKARTA] Thirteen foreign banks have agreed to become members of a foreign lenders' committee set up to help restructure the staggering debt of Indonesian private companies, an adviser said yesterday. The role of the foreign lenders "steering committee" was
      AFP  -  216 words
    • Article
      Lock icon Soros, hedge funds lost money in Asian crisis, says IMF official
      704 4 Worst seems over for S Korea, Thailand bat Indonesia still faces uncertainties AFX-Asia [WASHINGTON] International Monetary Fund (IMF) head of research Michael Mussa said that several large hedge fund operators including financier George Soros, lost money in the Asian
      AFX-Asia  -  704 words
    • Article, Illustration
      Lock icon Suharto still studying peg idea: IMF officials
      454 4 Reuters [JAKARTA] President Suharto was stiU studying the possibility of introducing a currency board system to help stabiUse the rupiah. IMF officials said yesterday after meeting with the Indonesian leader. But International Monetary Fund adviser Prabhakar Narvekar said after the meeting that Mr
      Reuters  -  454 words
    • Article
      Lock icon HK financial team to visit Japan, US
      128 4 AFP |H()N(»K()N(i| A top-level Hongkong financial delegation will attempt next week to reassure international financiers of the territory's strengths amid Asia's economic crisis, officials said yesterday. The delegation will address financial seminars in Tokyo and New York during a roadshow, "Hong Kong: Financing
      AFP  -  128 words
    • Article
      Lock icon Indon crisis needs major attention: Brittan
      304 4 He says EU should back IMF opposition to currency board Reuters |RRUSSELS| European Trade Commissioner Leon Brittan said yesterday that those seeking solutions to Indonesia's economic crisis were aware of the "extreme danger" of the situation and the need to avoid fuelling unrest. Speaking
      Reuters  -  304 words
    • Article
      Lock icon Stocks climb on big Thai banks' capital schemes
      647 4 Thai Farmers and Ayudhaya plan new issues; Bangkok Bank talks of partnership AFP (BANGKOK) Three of Thailand's largest commercial banks yesterday announced they will raise capital through share issues and a possible partnership, spurring a stockmarket rally across the entire sector. Thai
      AFP  -  647 words
    • Article, Illustration
      Lock icon Vow to keep NT$ mobile and stable
      192 4 AFP [TAIPEI) Taiwan's new central bank governor took office yesterday with a vow to maintain currency stability and respect for the markets. Peng Huai-nan said the bank would keep the Taiwan dollar "mobile and stable", implying that the government would allow the exchange
      AFP; REUTERS  -  192 words
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      519 4 y Latest Banking Reforms International Commercial Loans in the People's Republic of China" => In a surprising move to contain China's foreign debt Topks Uelade exposure, the People's Bank of China and the State Administration of Foreign Exchange instituted a banking Seminar Chairman :Mr Quek Li Fei, Partner (Head reform
      519 words
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  • SOUTH EAST ASIA
    • Article
      Lock icon Govt adjusting foreign equity ownership: Anwar
      475 6 KUALA LUMPUR Mechanics to implement policy for equity sale by bomipntras being worked out, he says Reuters AFP Bernama FINANCE Minister Anwar Ibrahim said yesterday the government was planning to make some adjustments to foreign equity ownership. Mr Anwar, who is also deputy prime
      Reuters; AFP; Bernama  -  475 words
    • Article, Illustration
      Lock icon Muslim leader Rais out of presidential race
      270 6 .JAKARTA Bloomberg Reuters MUSLIM politician Amien Rais has withdrawn his bid to I*- the president of Indonesia, and expressed support for President Suharto's re-elec-tion to a seventh five-year term, Mr Rais said on private TV station SCTV. lie didn't say what made him
      Bloomberg; Reuters  -  270 words
    • Article
      Lock icon Third delay for Suharto's daughter's transport project
      195 6 JAKARTA AFP WOKK on a massive trans port project involving a daughter of President Suharto has been delayed for a third lime liecause of |>olitic;d con siderations, reports said yes terday. The ground breaking ceremony was to have been held yesterday but was
      AFP  -  195 words
    • Article
      Lock icon Food prices in six Indon provinces said to have fallen
      272 6 ■JAKARTA Bulog regulators to continue operations to stabilise prices Reuters PRICES of rice, sugar, flour and cooking oil have declined in a number of provinces in Indonesia on continued market operations by the Bulog commodity regulators, the official Antara news
      Reuters  -  272 words
    • Article
      Two KLSE-linked officials struck by serious illnesses
      219 6  -  KUALA LUMPUR Ity Eddie Toh THE former executive chairman and the current president of the Kuala Lumpur Stock Exchange (KLSE) have been hit by serious illnesses. Former executive chairman Nik Mohamed pin was admitted to the intensive care unit of a local hospital
      219 words
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      61 6 The art of mastering lime Girard-Perregaux pour FeFrari A f P ,~T r r nj ji: S 3 1 Manufacture a; Girard-Perregaux DEPCIIS 1791 Q fS Carbon fibre dial with Kevlar strap o: < > Available at all authorised retailers Exclusive Distributor: B/v\l Pte Ltd Tel: 737 3786 Service Centre
      61 words
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      24 6 THE WORLD S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS BAHAMAS JERSEY BRITISH VIRGIN ISLANDS MAURITIUS CAYMAN ISLANDS SEYCHELLES IRELAND WESTERN SAMOA si www.ocra.com
      24 words
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  • CHINA – HONGKONG – TAIWAN
    • Article, Illustration
      Tsang confident China economy will grow 8%
      684 7  -  HONGKONG HK's forecast growth of 3J>% this year dependent on China's performance By Loh Hui Yin FRESH from his visit to Beijing, Hongkong's Financial Secretary Donald Tsang is confident the Chinese economy will grow at 8 per cent this year. "I'm not nervous
      684 words
    • Article
      Lock icon HK repeals law that allows suits over basic rights
      202 7 HONGKONG Reuters HONGKONG has struck down a pre-handover law that allowed people to sue each other for violations of basic rights. The non-elected legislature adopted the government bill on Wednesday night to repeal the law. which had augmented the territory's Bill
      Reuters  -  202 words
    • Article, Illustration
      Lock icon US$45b no sweat
      60 7 HKI.I I NC i Chinese worker Zhang Lianzhi checks newly made cashmere sweaters in a Beijing factory yesterday. China's textile and garment exports volume reached U5545.45 billion (5573.8 billion) in 1997, up 22. Hiter cent over the previous year. China's major overseas markets are the United States.
      REUTERS  -  60 words
    • Article
      Lock icon China's communist elite passes name list for new govt lineup
      381 7 HKI.I INC AFP CHINA'S lop Communist Party leaders decided on a replacement for parliament chief Qiao Shi, Premier Li Peng and up to three new vicepremiers yesterday ahead of the Ninth National People's Congress (NPC) which opens on March 5.
      AFP  -  381 words
    • Article
      Lock icon China said to be mulling major govt revamp
      247 7 BEIJING FT CHINA is debating plans for potentially the most thorough restructuring of its government since econortiic reforms began in 1979, officials and foreign diplomats say. The main aim of the proposed measures, to merge some ministries, relegate others and slash jobs,
      FT  -  247 words
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      80 7 1n i\MT \^j fkswagerTs \e \v Passat 1.8 Turbo. joH m if that's redefining automotive standards. I I M mfr I p9, -wr a V :xX With a fully hodvn !~>o hhi>. 20 railV engine i>lii< front iiinl side nirhags. it the ironl in firrfoimaiih'ninl refinement. \i;<! noir. thanks to
      80 words
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  • ASIA
    • Article
      Lock icon South Korean banks have 24.5t won of bad loans
      452 8 SEOUL Non-performing loans amount to 6.5% of total bank credit, np from end-1996's 3.9% AFP Bloomberg SOUTH Korean banks were saddled with 24.57 trillion won (Ss24 billion) in non-perform-ing loans at the end of last year after a spate of corporate
      AFP; Bloomberg  -  452 words
    • Article, Illustration
      Lock icon Soros hires Seoul consultants to look for investments
      354 8 NEW YORK Bloomberg BILLIONAIRE hedge fund manager George Soros hired a South Korean firm to scout for Investment opportunities there, as the nation struggles through a financial crisis. Soros Fund Management said it hired Y Eugene Yun, formerly head of Deutsche Morgan
      Bloomberg; FILE PHOTO  -  354 words
    • Article
      India lowers its economic growth forecast to 5%
      534 8  -  NEWDELHI Manufacturing down to 6J%, agriculture to contract by 2% By. Rajendra Bajpai INDIA has lowered its forecast for 1997-98 economic growth to 5 per cent from "6 per cent or more" earlier. The Central Statistical Organisation (CSO) released figures this week
      534 words
    • Article
      Lock icon BJP regains control of Uttar Pradesh govt
      275 8 NEW DELHI AFP INDIA'S Hindu nationalists, hoping to come to power in ongoing national elections, regained control of a key state government, as campaigning for the third and major phase of polls ended yesterday. The Bharatiya Janata Party (BJP) won a hotly-contested vote
      AFP  -  275 words
    • Article
      Lock icon BOJ leaves interest rates unchanged
      193 9 TOKYO Bloomberg THE Bank of Japan said it will maintain its discount rate at a record low 0.5 per cent to revive the economy from a sev-en-year slump. "By unanimous vote, the policy board decided to leave monetary policy unchanged," the central bank said in
      Bloomberg  -  193 words
    • Article
      Hashimoto says Japan may modify economic reforms
      472 9  -  TOKYO Move not prompted by foreign criticism bnt by fears Opposition may block 1998 budget Kb Anthony Rowley JAPAN may well modify its economic policies after all. but not because of the cacophony of foreign criticism. Prime Minister Ryutaro Hashimoto yesterday indicated that
      472 words
    • Article, Illustration
      Lock icon Car parts chiefs in triple suicide shock
      306 9 TOKYO Japanese trio hang themselves in same hotel in suicide pact Reuters THE heads of three small firms supplying parts to Japan's big automakers hanged themselves in the same hotel in a triple suicide pact brought on by financial problems. police reported yesterday.
      Reuters; REUTERS  -  306 words
    • Article
      Lock icon Canberra admits crisis will cut 1 point off growth
      259 9 SYDNEY AFP THE Australian government admitted for the first time in remarks published yesterday that the Asian financial crisis will significantly impact on the domestic economy. Industry Minister John Moore said at least one percentage point will be sliced off Australia's
      AFP  -  259 words
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      211 9 v jb jr j/K^ff^S^K^^Ki Am V 1 If sLA a < m ft fcr i^HEpI y a jg bI all the possibilities... With the right financial resources behind you At IFS, we see a vision of the future where others see only the here and now. Because we understand the
      211 words
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  • THE WORLD
    • Article
      Lock icon Fed will guard US from Asian fallout: Greenspan
      515 11 WASHINGTON But he expects only a moderate spillover; Fed hints at keeping interest rates steady Reuters FEDERAL Reserve chairman Alan Greenspan made clear on Wednesday he would defend the US economy against a severe blow from Asia's crisis but he and his
      Reuters  -  515 words
    • Article
      Lock icon Asian crisis will slow US growth as it hits firms, says poll
      333 11 WASHINGTON Business economists see growth falling to 2.6% in 1998 Reuters Bloomberg THE US economy will expand more slowly in 1998 from last year's rapid pace as Asia's financial crisis hits US firms, a survey of business economists
      Reuters; Bloomberg  -  333 words
    • Article, Illustration
      Lock icon Squeek goes the cork
      66 11 |PARIS| A gadget to uncork a bottle of champagne designed by French inventor Jacques Pitoux. The device is activated by a tug which allows air to enter the bottle, fill the vacuum, bring the carbon dioxide out of solution and produce the gas bubbles which escape
      AFP  -  66 words
    • Article
      Lock icon Swiss to lift veil in IBM bribe probe
      336 11 m BUENOS AIRES Reuters A SWISS court will identify holders of bank accounts who allegedly accepted bribes to secure IBM a US$25O million (Ss4o6 million) deal in Argentina, an Argentine investigator's office said on Wednesday. Judge Adolfo Bagnasco had asked Switzerland to
      Reuters  -  336 words
    • Article
      Lock icon US warns of backlash against Japan
      343 11 WASHINGTON Reuters A RISING US trade deficit and Japan's reluctance to do more to open its markets to the rest of Asia could fuel a protectionist backlash in America, said US Commerce Secretary William Daley. The Clinton administration is bracing for a big increase
      Reuters  -  343 words
    • Article, Illustration
      An Oasis for the wealthy, famous and boorish
      807 12  -  BUROPBAXTXBW Wo cheers for Cathay for their tolerance of the pop group's shenanigans BU Kevin Sullivan CATHAY Pacific is not to be congratulated for the indulgence shown this week towards the pop group Oasis, who disturbed other passengers on a seven and
      807 words
    • Article
      Patten switches publishers of memoirs
      216 12 LONDON THE last governor of Hongkong. Chris Patten, has switched publishers for his forthcoming memoirs, allegedly because media magnate Rupert Murdoch tried to tone down criticism of Beijing in the book, a British newspaper claimed yesterday. The head of News Corp Ltd. which has been
      216 words
    • Article
      Lock icon Gore says US is close to approving Iraq accord
      423 12 WASHINGTON White House: Unscom head branded as spy by Iraq will stay Bloomberg AFP US VICE PRESIDENT A 1 Gore said the Clinton administration, after careful study, is warming to a full endorsement of the latest agreement aimed at opening all
      Bloomberg; AFP  -  423 words
    • Article
      Lock icon German govt workers go on strike
      311 12 BONN Reuters THOUSANDS of public sector workers throughout Germany launched token strikes yesterday to protest against the government's refusal to budge in wage talks involving more than three million employees. In the northern town of Braunschweig, refuse workers caused traffic chaos in the morning
      Reuters  -  311 words
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      113 11 JmW Sunday evenings, 1 when the rest Mmfs of the market Kf ,7/ down, APt J* As the world gets smaller and your market gets bigger, it ■T pays to watch the rest of Asia Review major headlines in the business week with an award-winning news team ft P* Keep
      113 words
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      171 11 w i For visitors to Singapore, the trip Make your t J is not quite complete without a visit stopover to Singa Inn Seafood Restaurant. I An idyllic setting by the sea with attap-thatched huts. Singa Inn Singa Inn! whips up a delectable selection of live I seafood nightly; from
      171 words
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      178 12 MOTOR ULTIMA 15 Queen Street #01-01 Tan Chong Tower Tel: 338 3 844 Fax: 334 3877. Showroom hours 9 am 6 pm weekends, 9 am 8 pm weekdays. Come down today for a test drive. Authorised deiUr SIS HOCK LEE CARS ENTERPRISE. 165 Upper Payji Leb i r Road. Singapore
      178 words
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  • EDITORIAL OPINION
    • Article, Illustration
      In Asia, Tokyo's hands are tied by Washington
      743 13  -  THE BOTTOM LOTS OPINION By Anthony Rowley The writer is BT's Tokyo correspondent IMAGINE a teacher who urges an obedient pupil to show more initiative and to "pull his weight" in class only to whack the hapless boy with a thick cane
      743 words
    • Article
      IN OTHER WORDS
      141 13 By the time a shirt arrives at its destination, it has gone out of fashion.' a member of the Peoples' Committee in Vietnam on the challenges of setting up business in the country. 'What we have here is a ship of fools.' Teodor Benigno Philippines political analyst
      141 words
    • Article
      The world order after Iraq
      620 13 EDITORIAL A MAJOR "US diplomatic victory". That is how the Clinton administration seems out to market the latest United Nations-negotiated compromise deal with Iraq, even as critics accuse it of "appeasing the Iraqi dictator". But the accord, reached through the diplomatic efforts of UN Secretary-General
      620 words
    • Article, Illustration
      Lock icon US lesson for Japan
      1299 13  -  It's time Tokyo tried the 1980-1998 American model of economics to engineer its own recovery Ky Paul Samuelson The writer is an economist at the Massachusetts Institute of Technology. This commentary first appeared in Los Angeles Times MUCH of the world is in economic turmoil. Asia
      FILE PHOTO  -  1,299 words
    • Article
      WHAT THE OTHERS SAY
      850 13 Prosecutors' abusive tactics HOW fortunate the Clin tons are to have a thin-skinned prosecutor like Ken Starr pursuing them. Back in 1974, when I was blazing away in this space at the power-abusive tactics of Watergate Special Prosecutor Leon Jaworski, I was approached by my former
      850 words
  • Page 13 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Dylans dazzle with 5 Grammys
      1247 14  -  Bob and Jakob make it a Father and Son Night at the awards ceremony, jebry crowe and robert ihlburm name the other winners JERRY CROWE, ROBERT HILBURN LAT-WP IT WAS Father and Son Night for Bob and Jakob Dylan on Wednesday at the 40th annual
      LAT-WP  -  1,247 words
    • Article, Illustration
      Forget shag pile; learn the Art of the Islamic Knot
      1224 14  -  PURSUITS A new point of view from the Oriental Carpet Consultancy f*y< Jaime Ee For more information about the Sameyeh collection, contact Mr Sameyeh himself at *****48. IF you're anti-Saddam Hussein and have a few hundred thousand dollars to spare,
      1,224 words
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      95 14 SAVOUR jpSßMrng THE WORLD IgUine IN ONE HHliwb SERVING Indulge like never before in one choice destination at Carmen's Seafood Wine the gastronomic paradise! Exquisite Mediterranean and French cuisine. A bouquet of choice wines from the best vineyards. Sizzling live performances from South America dishing out a fine selection of
      95 words
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      180 15 I I 11l 1 1 Where to wine, dine and entertain..."""" < 4S4S Uolcl. Now von can wear it on the inside Wsaasß«HBM CWE TfL QK^D UEVTLI Daily A La-Carte menu, v f Western and local 6j~ /f r favourites chef s ill .>¥ speciality top selling M m Hainanese
      180 words
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      164 15 rAPa^mOTCI CUM Happy Hour Prices /1 AT LUNA COFFEE 2) CHfVAS REGAL 12 YRS 99 00 JOHNNIE WALKER BLACK LABEL $99 00 HENhESSY VSOP S 99 00 KARTELL VSOP 99 00 v .#^l4 KARTELL CORDON BLEU $250 00 J MENNESSY XO $250 00 |fc«.; Happy Hours 5 OOp"" to 9
      164 words
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      171 15 A»I WHAT HAPPENS 3 WHEN YOU ADD !j A DASH OF y, I ITALIAN PASSION WITH A PINCH OF 3 CHINESE WISDOM? 1 u You be the C 'X" C MOIOfe, PING'S F J im««»on U Ofimiag h;nri (r*m I I >"./«• I-' iOttm L S,«/r< K.iJ I Mgjfirr JJHJJO
      171 words
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      Page 15 Advertisements Column 4
      254 15 Catch what's newt in {jfaWyMwii Mitt it ia Sunday Clttsifiri this weekend. i&) 2*ANj*jK/ CATA fl TS BACK^ J/ BY POPTL.YR DEMAND. I WE'RE BRINGING BACK hhea I Assorted Susbi.Open-face Sandwiches I Laksa Yotig Tau Foo.Roti Praia I Tim Slim, Assorted French Pastries I Bread Butter Pudding. Local Desserts I
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      Page 15 Advertisements Column 5
      102 15 f M i ENJOY 25% SAVINGS ON YOUR i 2ND DRINK ONWARDS j AT THE MEZZANINE j CAFE BAR j THIS MONTH Join us in our i 25th Anniversary Celebrations I j ~Sr Marukiri/t ||j Singapime J 333 Orcluid Rivfel. Singapore ***** J J TH 83U056 ....j J "SUinvV's Flv\.
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  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      730 15 TV&RADIO Premiere 12 u 15 Friday Supper Treat: (Drama). Love And Romance On 5! 7.00 Naalaavathu it-hit f\ 1 f. 2.30 PM TV Innovations. Untamed 4.00 Kidz Blitz: Alf. Our Choice). 7.30 Tamil Seithi. H L 4.30 Dexter's L lO AM The Late Mov- 8.00 Berita jfll 5.00 Mole In
      730 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      283 15 CRYPTIC CROSSWORD 1 A person in the know will get the H H| H IH wM 5 Sets about girls (7) —JMI IH JIH. 10 No longer simple to account for ■■"TBI 11 Like transcribing a priest's 12 Sound fish from which to breed WM JMT 13 A blunder some
      283 words
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      176 16 mm MMMI^ 1 G fac b Sp3 c b Pacb. !^^H^^||^MMpW|BPßßßWW|^^^^^^gT_ a JI HME* I 11 sk f §f 'a > 'Ifw w <■ Introducing the spirit Personal room is a major Driving the Galaxy is a of a new motoring age. consideration in the Galaxy. deeply satisfying The new
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  • COMPANIES & MARKETS
    • Article
      SES electronics stocks jump as much as 20%
      582 17  -  Run-up seen as pre-budget rally and follows surge in US technology stocks By. Annette Pau [SINGAPORE] Electronics stocks were investors' darlings yesterday, surging on heavy trading, with some making as much as 20 per cent price gains during the day. Penny stocks
      582 words
    • Article
      Elec & Eltek profit up 23%
      421 17  - Elec Eltek profit up 23% $16m exchange loss provision; $22m more to be provided later Annette Pau |SIN(iAPORK| Klec Kltek In ternational yesterday an nouncod a 23 per cent jump in interim profit to $31 million despite providing for a $16 mil lion exchange loss. Though the strong showing puts
      421 words
    • Article
      San Teh in swap for 7% stake in HK firm
      343 17  -  K&rce International to be listed in Hongkong soon fty. Annette Pau (SINGAPORE] Mainboard listed rubber keypad maker San Teh Ltd says it will swap its 42 per cent stake in a China associate for a 7.2 per cent stake in
      343 words
    • Article
      SPH weighting in MSCI index to rise
      260 17 [SINGAPORE) Singapore Press Holdings weighting in Morgan Stanley Capital Inter national's Free Index for Singapore should increase after its Foreign and Local shares merge next month, said a Mor gan Stanley official yesterday. 'The likelihood is that if the shares don't fall significantly
      260 words
    • Article
      Telstra is heavily overvalued, thanks to fund managers
      781 17  -  HOCK LOCK SIEW Russell Baker IS Telstra the world's most ex pensive telecommunications company? A reasonable answer is, quite possibly. With a stag gering market capitalisation of As6s billion (5J70.5 billion), Telstra is currently one of the world's 10 largest telcos. The
      781 words
    • Article
      UPP makes $20m from factory premises sale
      241 17 [SINGAPORE] Potential take over target United Pulp Paper Co yesterday said it made a $20.2 million windfall from the sale of a subsidiary's factory premises back to the Jurong Town Corporation. The extraordinary gain will increase the group's net tangible asset per share
      241 words
    • REGIONAL COMPANIES
      • Article
        Kerry sparkles with 34% earnings rise to HK$1.6b
        606 18  -  But gearing up sharply; analysts fear property slump will hit '98 results From Quak Hiang Whai in Hongkong ROBERT Kuok's Kerry Properties has turned in an impressive set of results, with net profit for 1997 up 34 per cent to HKSI.SB billion
        606 words
      • Article
        Keppel Philippines earnings fall 13%
        182 18 THE regional financial turmoil and poorer business conditions in the Philippines have buffeted Keppel Philippines Group, which yesterday reported a 13 per cent fall in net profit. The group made 96.06 million pesos (553.9 million) on a turnover of 789.59 million pesos, down 7 per
        182 words
      • Article, Illustration
        Lock icon Malaysia may lift ban on short-selling
        158 18 Bloomberg IKIJALA LUMPURI Malaysia may lift the ban it imposed last August on short selling of shares, said Mohd Salleh Abdul Majid, president of the Kuala Lumpur Stock Exchange. Short-selling refers to borrowing stocks to sell, hoping they can be bought back later at
        Bloomberg; FILE PHOTO  -  158 words
      • Article
        Aztech wins Dell deal to supply sound cards
        452 18  -  USslm a month target; Turtle Beach co-developer of card Jennifer Lien (SINGAPORE! Sesdaq-listed Aztech Systems has won a deal to supply about US$l million (Ssl.6 million) of sound cards a month to leading PC maker Dell Computer. The sound card. Turtle Beach
        452 words
      • Article
        SNP Printing to cease production
        366 18  -  Soh Tiang Keng (SINGAPORE] SNP Corporation has radically downsized its general printing unit, SNP Printing, leaving the latter with just supporting functions. SNP Corp said yesterday that SNP Printing would cease production once it had transferred its staff and most of its equipment and business
        366 words
      • Article
        HL Asia PE:DBS clarifies
        127 18  -  LETTER TO THE EDITOR Kan Shik Lum senior vice-president investment banking. DBS Bank WE REFER to the quote attributed to John Wong in the report headlined "Hong Leong Asia's IPO shares: 90% placed out" in Business Times on Feb 25. We wish to clarify that at
        127 words
      • Article
        Lock icon Metro Pac's profit down 16% on forex losses
        163 18 Bloomberg |MANII.A| Metro Pacific Corp said its profit fell 16 per cent in IW7 as foreign exchange losses offset growth in its property and telecommunicat ions businesses. The Philippine flagship of Hongkong's First Pacific Co sai<l its net income dropped to 712
        Bloomberg  -  163 words
      • COMPANYBriefs
        • Article
          F&N Coca-Cola forms Viet joint venture
          75 18 (SINGAPORE) F&N Coca-Cola has formed a US$25 million (5540.6 million) joint venture in Danang. Vietnam, to produce "returnable glass bottles of Coca-Cola. Sprite and Fanta". The venture is between Coca-Cola Indochina (70 per cent) and Da Nang Beverages Co (30 per cent). The former
          75 words
        • Article
          CPF adds 3 counters to trustee stocks list
          60 18 ISINGAPORE) The Central Provident Fund has added three counters to its list of trustee stocks and shares. Two stocks Orchard Parade Holdings and Super Coffeemix Manufacturing will be classified as trustee shares. The third. Orchard Parade Holdings' 5 per cent unsecured loan
          60 words
        • Article
          GRP reports 22% drop in interim net
          76 18 [SINGAPORE] GRP Ltd yesterday reported a 22 per cent drop in interim net earnings to $396,000 despite a 40 per cent surge in turnover to $18.4 million. The industrial goods supplier said group turnover was boosted by the acquisition of Yew Lee Plastics
          76 words
        • Article
          GP Batteries acquires Champion World
          37 18 [SINGAPORE] Mainboard-listed GP Batteries International has acquired a 100 per cent interest in Champion World Ltd formed in the British Virgin Islands to boost its distribution of GP battery products in China.
          37 words
        • Article
          CityDev's Millennium exec director
          57 18 [SINGAPORE] City Developments Ltd yesterday announced it has appointed Vincent Yeo Wee Eng as executive director of its subsidiary Millennium Copthorne Hotels pic. Mr Yeo, 29, is a nephew of CDL's executive chairman Kwek Leng Beng and managing director Kwek Leng Joo. He will be responsible
          57 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon ABN Amro net up 17%, sets aside 500m guilders
        368 19 Bank provisions for potential Asian losses, blames turmoil for weak second half Reuters [AMSTERDAM] Dutch bank ABN Amro NV yesterday unveiled a 17 per cent rise in 1997 net profits, but said the financial crisis in Asian markets made it difficult
        Reuters  -  368 words
      • Article
        Lock icon Viag preliminary operating profit up 15%
        271 19 Bloomberg [MUNlCH] Viag AG said 1997 preliminary operating profit rose more than 15 per cent, slightly above expectations, on cost-cutting at its energy division and the acquisition of a new chemicals business. Operating profit rose to more than 2.8 billion deutschemarks (552.5 billion) from
        Bloomberg  -  271 words
      • Article
        Lock icon Computer Associates may up bid for CSC
        418 19 Computer Sciences told to negotiate fast or face lower offer Bloomberg [NKW YOKKI Computer Associates International Inc said it could raise its bid for Computer Sciences Corp (CSC) by US$6 a share if the company negotiates quickly, and may reduce the offer if
        Bloomberg  -  418 words
      • Article
        Lock icon Hoechst's 1997 EPS seen rising 15%
        258 19 NYT IMIINICIII Ilocchst A(I. C,ermany's largest chemicals and pharmaceuticals maker, is exliected to rrport a 15 |ht cent increase in earnings jut share to 3.16 dcutschcmarks <S $2.H2> per share last year from 2.75 marks |>er share in 1996, according to six analysis |>ollcd
        NYT  -  258 words
    • COMPANIES
      • Article
        Lock icon EMI venture to buy Waterstone's for £300m
        464 20 Deal will create one of Europe's largest book and music retailers Bloomberg |LONDON] W H Smith Group pic has agreed to sell its Waterstone's book chain to an EMI Group pic joint venture for £300 million (Ss79B million) in cash, creating one of
        Bloomberg  -  464 words
      • Article
        Lock icon Microsoft may face broader antitrust case by Justice Dept
        310 20 Bloomberg (WASHINGTON] The US Justice Department's next move against Microsoft Corp could be a broadside attack on the company's business practices, a far more significant case than its current assault on the way the company markets its Internet browser. A dozen
        Bloomberg  -  310 words
      • Article
        Lock icon Conseco's Q4 earnings up 95% on premium growth
        203 20 Bloomberg (CARMEL, Indiana] Conseco Inc's fourth-quarter earnings rose 95 per cent as the life and health insurer's string of acquisitions bolstered its premium revenue. Excluding gains from investment sales, earnings rose to US$l67 million (*****.1 million), or 79 US cents a diluted
        Bloomberg  -  203 words
    • FINANCE
      • Article
        Reinsurance premium rates in Asia hit again
        336 21  -  Excess global capacity and region's currency turmoil cited By\ Soh Tiang Keng [SINGAPORE] Premium rates for reinsurance in Asia fell further last year due to excess global capacity and weak economic conditions in this region. The Asia Insurance Review notes that for foreign
        336 words
      • Article
        Lock icon CSFB to buy bad yen loans
        166 21 Bloomberg [TOKYO] Credit Suisse First Boston may buy as much as one trUlion yen (5512.8 billion) in bad loans from Japanese banks at a fraction of their face value, hoping to reap profits by selling the land held as collateral, said an executive at
        Bloomberg  -  166 words
      • Article
        Lock icon US fund manager stocks racing ahead of market
        308 21 Bloomberg [BOSTON] US money management stocks are roaring ahead of the broader market this year, in some cases gaining three or even four times more than the Standard Poor's 500 Index. Fund manager stocks are surging amid expectations these companies will continue
        Bloomberg  -  308 words
    • FINANCE COMMODITIES
      • Article
        BOE sees London as the international hub for euro
        601 22  -  This despite the UK not joining the launch of the single currency in 1999 Byi Catherine Ong LONDON will be the international financial centre for the euro despite the fact that the United Kingdom will not join the European Monetary Union
        601 words
      • Article
        Lock icon Earnings forecasts for US banks too high: report
        281 22 Franklin Mutual's view holds for insurers, brokers too Bloomberg [WASHINGTON} Franklin Mutual Advisers, the money management team led by Michael Price, said banks, insurance companies and brokerages may fail to meet earnings expectations this year. Financial services stocks, fuelled by strong earnings
        Bloomberg  -  281 words
      • Article
        BOJ decision props up Euroyen
        224 22 SJMEXReport (SINGAPORE) Simex Euroyen futures surged in late trade yesterday after the Hank of Japan (BO.)) said it would like to maintain its easy monetary IHiliry as .latin's economy remains sluggish. dealers said. At 1120 CiMT. June Euroyen was at 99.23 compared to its IMM
        224 words
      • Article
        Futures rally along with cash index
        164 22 MSCI TAIWAN FUTURES |SINC»APOKK| The Simex MSCI Taiwan Stork Index fulures contract was up seven points with its underlying Weighted Price Index surging 202.09 |N>ints. The February '98 contract staged its rally with Kefco (Singa|M>re)and Ong First C'hicago and Carr Futures as good liaper
        164 words
      • Article
        Lock icon Call for Opec meet boosts oil prices
        233 22 ENERGY REPORT Reuters |LONI)ON| A call from the Opec president for an emergency meeting of the oil pro ducers' cartel boosted oil prices yesterday. Traders anticipating action by the Organisation of the Petroleum Kxporting Countries to cut overproduction pushed up the price of
        Reuters  -  233 words
      • Article
        Lock icon CURRENCY REPORT
        256 22 AFP London THE dollar rose against the deutsche mark after Bundesbank officials reinforced the view official German interest rates won't rise anytime soon, as the economy struggles to recover. The US currency slipped against the yen, paring Wednesday's gains, after Prime Minister Ryutaro Hashimoto rekindled speculation Japan will
        AFP  -  256 words
      • Article, Illustration
        Untitled
        1202 22 IMTERBAMK CROSS RATES a$^ Australia 0.950 6178 0.6M 4.073 1.215 1181 26.*****.535 0.857 ***** MM 1.162 ***** £834 t«6 3*2 Jg{ Canada 1.053 5.847 0.647 4.288 1279 5.456 27.683 63JJ9 0.902 1653 T8tO 1224 3107! 28.254 U44 1487 UB4 22.685 30.144 1429 0.704 China 0.180 0.171 0.1T1 0.733 0.219 0.933
        1,202 words
    • Article
      COMMODITY PRICES
      1789 23 SICOM FUTURES Feb 26 RUBBER (futuftj dosing u *t 5.30pm) RSS1 CONTRACTS curtsA?) Ctow Voluma Op«n Month HiQh Low Satt (towwi) Intarast Mar 98 122.00 150 Apr 98 123.00 2025 May 98 125.00 4075 Jun 98 132.25 127.00 127.00 200 3200 Jul/Sap 98 134.50 4695 Oct/Oec 98 145.00
      1,789 words
    • Article
      WORLD STOCK MARKETS
      2300 23 LONDON MnttUi Ft»2t fwct *h 31 Croup *****0 26.400 *B Ports 306 *1 ABCey National 1225 -75 Allied Domecq 578.400 1400 kmc 139 -*.400 Art* Crowe 203 *3 BAT In6 6C -10 BC Pit 313-400 1-400 BICC 134 *2 BOC Croup 955 33 BR Petroleum 830 26
      2,300 words
    • Article
      Lock icon TOKYO
      1646 23 Bloomberg 13 Nikkei 225 ♦MUX JAPANESE stocks rose for a second day after the Nihon Keizai newspaper said most of the nation's banks will participate in a government bailout plan. Bank of Tokyo-Mitsubishi Ltd. Sumitomo Bank Ltd, Dai-Ichi Kangyo Bank Ltd and other large financial institutions led the rise.
      Bloomberg  -  1,646 words
    • Article, Illustration
      Lock icon HONGKONG
      1816 24 Bloomberg F1 Han* Seng +338.04 STOCKS staged their biggest rally in a week as a decline in banks' borrowing costs sparked optimism that lenders will soon pass on their savings to companies and consumers. The benchmark Hang Seng Index rose 3.1 per cent to its highest since Dec 9.
      Bloomberg  -  1,816 words
    • Article, Illustration
      Lock icon CHINA
      636 24 Reuters nShenzhenBIndex -0.41 CHINA'S hard currency B shares closed mixed yesterday in cautious trading despite heavy gains on the Hongkong stock market, brokers said. "The dull trading was linked to investors' caution in the absence of market-moving news." said a Shenzhen based analyst with China Guotai Securities. Shanghai's B
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  636 words
    • Article
      Lock icon TAIPEI
      391 24 AFP □wp Index «202.09 TAIWAN stock prices rose 2.2 per cent yesterday on institutional buying, spurred by overnight gains on Wall Street and expectations of healthy corporate results, dealers said. "Sentiment was reinforced by the gains in the US." said Chueh Samson of President Securities Corporation. "Institutional investors stocked
      AFP  -  391 words
    • Article, Illustration
      Lock icon JAKARTA
      730 24 AFP PJ Composite Index *0.4 INDONESIAN shares closed barely higher yesterday following mixed signals on the government's plan to peg the rupiah currency to a fixed exchange rate, dealers said. "There is no further clarification on the government's plan to implement a currency board system and the International Monetary
      AFP  -  730 words
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      Lock icon BANGKOK
      923 24 AFP QSETlriex *11.08 THAI shares closed 2.1 per cent firmer yesterday in line with the regional markets on the back of speculative buying in the finance and banking sectors. "The Thai market made gains in line with regional markets which are up today with investors here switching sectors from
      AFP  -  923 words
    • Article
      Lock icon MANILA
      334 24 AFP fl Manila ♦29.05 PHILIPPINE share prices closed 1.3 per cent higher yesterday on sustained buying of blue chips. "We've been seeing some volume inflows start to come back in the last few days," Juanis Barredo of Citisecurities Inc said. The Composite Index gained 29.05 points to 2,182.75. Turnover
      AFP  -  334 words
    • Article
      Lock icon SEOUL
      445 24 AFP Q Composite Index +8.6 SHARE prices closed 1.7 per cent higher on the Korea Stock Exchange as foreign investors resumed bargainhunting among blue chips, dealers said. International financier George Soros' plan to set up an investment company in South Korea also helped improve in vestor sentiment, as did
      AFP  -  445 words
    • Article
      Lock icon SYDNEY
      624 24 AFP QAD Ordinaries *2(13 AUSTRALIAN share prices rose 0.8 per cent yesterday, following leads from buoyant US and Asian markets, brokers said. The All Ordinaries Index gained 20.3 points to 2.696. "The banks were very strong again." Nevitts broker Steve Mayne said. "The US market again helped our markets
      AFP  -  624 words
    • Article
      Lock icon WELLINGTON
      274 24 Bloomberg P| Wellington +8.09 SHARES rose for a third consecutive day, with Tranz Rail Holdings Ltd gaining 5 per cent after the national railroad operator said it planned to buy back up to 5 per cent oT its stock. The NZSE Top 40-share Index rose 8.09 points, or 0.35
      Bloomberg  -  274 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        9399 25 INDUSTRIALS Consumer products 1998 Last Vol Oay Nat Cap MHI> L— Clip a Ay I* 'OOP Low Pit $W 3)0 180 Ajinomoto 260 14.4 105.4 148 73 Anqkasa 128 3 53 128 125 3.0 188.7 290 123 Apollo Food Mlq 225 uoch 14 230 225 6.5 90.0 388 190 8er)aya
        9,399 words
      • Article, Illustration
        Lock icon Shares up 2% on technical rebound
        550 25 AFP Q Composite Index +14-89 SHARE prices rose 2.1 percent yesterday, led by a technical rebound on some cash rich index-linked counters which saw sharp falls the previous day. "Some funds are inspired to buy on comments by Malaysian leaders to liberalise equity ownership
        AFP  -  550 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
        3894 26 BONDS, LOANS k WARRANTS wt 1947/98 Last Vol D«V Lilt Quota Av« M,,h Low Stno Company Solo ♦or- (OOO) H.,h Low fciyof Sailor Prko 08 9 M 3000 m AMD6c5.5%*****6 W 81 8 3160 *Acor ******1 US$ 14.5 '5.5 16 b 131 8.5 3164 Acma ******4 25 unch 112 25
        3,894 words
      • Article
        Hicom warrants may still have some upside left
        186 26  -  WARRANT WATCH By R Sivanithy MALAYSIAN heavy engineering blue chip Hicom Holdings' warrants have had a good run lately, rising from 15 sen early last month to H2 sen yesterday. Despite this, they are still miles away from the days when they
        186 words
    • Article
      CLOB INTERNATIONAL
      2595 26 Transaction Date :Feb 26 I MALAYSIAN STOCKS Cr Cr 1997/96 Last VM D«t Last Ow««* 0»» O* N*« M Cap H«y» LOW Stno Carnpawy Sjh COOP) L— fcff >«» C »r H P/t SmU 4?8 28 m s 5000 S8 SC< 109 -X*r 6*7 ttj 08 '-09 *XJ
      2,595 words
    • Article
      STOCK EXCHANGE OF SINGAPORE
      1921 27 TURNOVER COOO) VALUE COOO) MJtn CIO Trtl TrtX lixjustrul 144,410 92.139 256.549 226.261 64.219 290.460 FSMM* 12,158 29,956 42.114 86,706 28.113 114 Ml Motets 3.065 1.700 4.765 3.707 886 4,594 ProfMrtm 26.174 32.219 58.393 72,134 '5.516 87.650 Pton ti0n 7^. 3 "IS 9^6 Uinirwi LQAf UN
      1,921 words
    • Article
      MAIN BOARD
      4641 27 Transaction Date Feb 26 Or Or M W« 1997/98 L«st Vol D*y La»t Oust* Ot* CH» YW Not Cop HiQh Law StNo Company Solo COOO) Low Buyor Soilor C*r Prk# INDUSTRIALS 157 18.5 e 1020 ACE Dynamici60c 39 *2 145 J9 345 3T.5 39 5146 ASEMTS*****. US- i,
      4,641 words
    • Article
      SESDAQ
      1208 27 c» Or mm 1997/98 LHl Vol Day IM) Owoto Oh IW Ct» Hugh too SIN* Company Solo (0001 Mtyl Low Buy or SoHof Cvr Pit J"* SCSOAO is* rt o 7000 *aRM<49« v km n "> »s toe «j jo »o o t 154 J oso km 44* 2*
      1,208 words
  • Page 17 Advertisements
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      88 17 WD3 C3HD igrjr V-/ N K top? v •-v" c V ,i I) fi 7HI '/.?"•> mI i^r Our comprehensive range of financial services is designed to provide real value to you. Individually designed to meet your special circumstances, our A flexible terms and very competitive rates will help you
      88 words
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      621 18 ASEAN FUND LIMITED (Incorporated m the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Ninth Annual General Meeting of the Company will be held on Saturday. 21 March 1998 at 9.30 am at Millenia 4. The Ritz-Carlton. Millenia Singapore. 7 Rattles Avenue. Singapore *****9
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      Page 18 Advertisements Column 2
      5 18 TODAY vlianhe Zaobao tTffl *****77
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      163 19 PSB Science Park two separate bookable events n^njjJTCm inn llminii 11HI PSB Science Park Hurry! Register Now! Tel: 870 1303, 870 1132 Fax: 777 4463, 777 9212 E-mail: novo@pacific.net.sg Executive Seminar on Product Design for the Future (Ssl2o per participant) 10 March 1998 8.15 am 11.00 am PSB Science Park
      163 words
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      Page 19 Advertisements Column 2
      1209 19 ..WM .»•v/fwwww v BALANCE SHEET PROFIT LOSS ACCOUNT (OwVomittedj (000's omitted) As On As On AsOn As On CAPITAL 4 LIABILITIES 31.03.97 31.03.96 PROFIT 4 LOSS ACCOUNT 31.03.97 31.03.96 RS RS RS RS INCOME Capital 596.72.93 582.46.58 Interest earned 3513.3920 2890,29.00 Reserves and Surplus 1342.20,65 678.04,51 Other income 490.16.40 420
      1,209 words
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      1185 20 BUSINESS Notices SELECTA JEWELLERY DESIGN AND MANUFACTURE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN THAT A FINAL GENERAL MEETING OK THE COMPANY WILL BE HELDON THE 27TH DAY OK MARCH. 1998 AT 10 A.M. AT 10 HOE CHIANG ROAD #18-00 KEPPEL TOWERS SINGAPORE *****5 EOR THE FOLLOWING
      1,185 words
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      Page 20 Advertisements Column 2
      661 20 M THC MATTER OF THE COMPANIES ACT (CAP. SO) ANO M THE MATTER OF LOK CMWEE H« PTE. LTD. (In M»mtxr< VoMXary UquMaMon) NOTICE OF FMAI MEETING NOTICE IS HEREBY GIVEN tful pursuant to SacUon 306(1) ol if* Companies Act. Cap. SO. a Final Maatng of members ol tw Company
      661 words
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      Page 20 Advertisements Column 3
      970 20 NOTICE |fjj THAI MIUTABY BANK PUBLIC COMPANY UMITID Negotiable Floating Rate United States Dollar Certificates of Deposit due in February IWV In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the Interest Period from 27 Feb 98 (inclusive) to 28 Aug 98 (exclusive)
      970 words
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      Page 20 Advertisements Column 4
      533 20 To advertise call toll-free 1800-741 1883 IN lilt MM 11 HOI 111 l rOMI'WII-N Ml.< lIAI'IFM Ml \NI» IN 111 l M\t It Milt V<H>\ t l)\M Kl (lION I'll I IMiIN \OI I'Nl\Nt I lIJI lII\I IONI Ml Mill HS' \IH I M \H\ HIMNMMf \l .in I iliioiiliniiy
      533 words
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      Page 20 Advertisements Column 5
      863 20 HOCK M AN PAINTS iPKI VAII.) I.IMITU) lln Mrmhro' Voluntary I iquidal ton( HNAI. MKETING Nt tl K I IS 111 HI HY (iIVI N IHAT the liiul nociiag trf members will he held at IK. lalan Mjvjkl MI2 <W. Ha/a. Sinjta|*>te 41 H't-iA on the .'7lh Mju h IWK
      863 words
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      Page 20 Advertisements Column 6
      525 20 IN lIIK MAT I HlOt IHKf'OMPANIF-S ACT.f'AP* AND IN I UK MA I I IK AMADM.S MARITIME IS'PONF.I PIV. ITD lIN VOLUNTARY I H2l lIMIION, Al an F.xtraordinary (iencral Meeting ol the members ol Amadni* Maritime iS'porei Pie I.ld duly 1 omened and hrklon 211 rbruary IVI at 2fMl Cantonment
      525 words
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      20 21 OFFICE FOR RENT 4-storey commercial building with lift For enquiries please call 2 8 555,312 |deans| or fax: 737 1167
      20 words
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      Page 21 Advertisements Column 2
      2441 21 NANYANG FINANCE LIMITED AND ITS SUBSIDIARY COMPANY Percentage ol BALANCE SHEETS AS AT 30 SEPTEMBER IW7 Associated Prlnelp.l equity held 9. LOAN AND HIRE PURCHASE DEBTORS GROUP COMPANY CUMM* KllYlliM Cost to Company by the group QHQUPANP COMPANY Not. inl inc IM7 19M (Country ol (Place ol IM7 1H« 1997
      2,441 words
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      101 22 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 k-M iTI >j 1' JB y 1 >Wr J >Hr^l»¥/' .AlgMtt 1 I'll "jflpi^v HSnTKiT^^TiDKiZS L-iiTZ^l^KniiMliL-MAllMlllj£i»^'£lilll3±^tglMlgllb •1 > .\|(4 il« I^l
      101 words
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      Page 22 Advertisements Column 2
      13 22 f l/ovethisjob which I found I through The Straits Times Classified. lIIJ CATS.
      13 words
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      72 24 f Hello, C.A.T.S.?\ Wow! I'd like to place an A buyer I love this car V advertisement to M 1 the very I that I found sell my car... f' next day. J I through I Thp Straif? Timpc 1 f iflllllllßV. ass J Buying or selling through dSL vroom...
      72 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article
      Untitled
      201 28 Stocks Vafam 'Mulptu IntlSOc 24,880,000 Easyknit HKKk 19,160.000 Asia FoodiProp 16,188,000 IPC Corpn 5c 14,977,000 •Renonq Bhd 50c 12,652,000 *MBf Capital 10.044.000 HK Land USIOc 9.549,000 WinqTai25c 8,758,000 Hotunq Inv NT5 7,821,000 •MBf Land Bhd 6,996,000 Stocks SIA Foreign 33,430,505 DBS Foreign 27,565,605 UOB Foreiqn 24,905,487 SPH Foreiqn 21,572,802 OCBC
      201 words
    • Article, Illustration
      HOT STOCK
      52 28  -  by Shiv Taneja KEPPEL LAND closed 9 cents higher yesterday at $1.66 on a volume of 6.39 million shares, compared with its 10-day traded average of 3.47 million units. Both the daily and weekly MA CD charts indicate downward pressure on the stock, and investors should consider taking
      52 words
    • Article, Illustration
      Lock icon Electronic stocks shine in modest pre-budget rally
      591 28  -  STOCK MARKET COMMENTARY Far East Organization's positive property news and rallies on region's bourses also help STII to move closer to 1,600 points R Sivanithy ISINGAPORK) A rally in electronic stocks following a firm showing by technology issues on Wall Street and positive
      Chart info from Bridge  -  591 words
    • ON THE GRAPEVINE
      • Article
        Hanke in town
        72 28 WE hear that Steve Hanke, the American professor who is very much behind Indonesia's currency board proposal, is in Singapore today at the invitation of the Government Investment Corporation of Singapore <C»IC). GIC, a senior government official said, routinely Invites international economists to brief and exchange views
        72 words
      • Article
        Malakoff to rescue MBCB?
        106 28 CASH-STRAPPED Malaysian Resources Corporation Bhd is expected to hive off its 30 per cent stake In Port Dickson Power to listed associate Malakoff Berhad in cxchango for shares. MRCB may end up with more than 50 percent in cash-rich Malakoff, sources said. MRCB is also expected
        106 words
      • Article
        HK downgrades Moody's
        56 28 ALWAYS quick with a repartee, Hongkong's financial secretary says he has downgraded Moody's, after the international credit rating agency last week lowered its outlook for Hongkong's short-term foreign debt from Prime 1 to Prime 2. "It has lost its objectivity. They have a fixation that things must
        56 words
      • Article
        City versus Frankfurt
        88 28 FOR those who seriously believe that the launch of the euro would erode London's role as the pre-eminent international financial centre and capital market of Europe, two senior officials from the Bank of England were only too glad to set them straight at a presentation on the
        88 words
      • Article
        Fuller outlook
        91 28 IN his latest Fuller Money, investment guru David Fuller painted a sober picture of the outlook for the markets. He said: "The wealth destruction in Asia is unprecedented in modern times. While the stock and currency devaluations appear to have reached their nadir in January, the recent recoveries
        91 words
      • Article
        Air-lift far the economy?
        84 28 SONG Seng Wun, regional economist at GK Goh Research, said Singapore's first-quarter GDP numbers will get a lift from the ongoing Asian Aerospace airshow. The mega event, which is open to the public this weekend, brings in some 10,000 foreigners, which works out to 40,000 hotel
        84 words
      • Article
        Mercs can't change habits
        55 28 WE KNEW it was too good to last. Spotted along Zion Rd: driver erf a Mercedes-Benz taxi, sleeves rolled up, window down, fag in hand (dangling out) —and wait for this— cleared his throat onto the tarmac Goes to show, you can change the car but
        55 words
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      Page 28 Advertisements Column 1
      357 28 BUSINESS X(,tid's To advertise call toll-free 1X1(0-741 1883 f THE COMPAMES ACT CHAPTER 90 SECTION 290(2Kb) NOTICE Of wooumow PIHBNimKM SPECIAL ASSCTS PTE LTD (M MEMBERS' VOLUNTARY UQUDAHOM) At an Extraordmary Genera) Meeting of PnmePartners Special Assets Pie Lid held at 16 Co«yer Quay. *26-02. Htact* Tomer. Singapore *****8 on
      357 words
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      Page 28 Advertisements Column 2
      318 28 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN T>C MATTER OF CORROCOAT CORROSttN SERVICES PTE. LTD. (MEMBERS'VOLUNTARY WfINDMG UP) At an EJdraordnary General Maauij of toe abovenamed Company <*4y oonwaned and held aI Far Mar Street. Leeds, LSIO IPW. England on WidnaadMi, It February itM at IUO
      318 words
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      Page 28 Advertisements Column 3
      458 28 M THE MATTER OF THE COMPAMES ACT. CAP. 50 AND M THE MATTER OF P O CONTAINERS (SMGAPORE AGENOES) PTE. LTD. dn Mataher* Vofcastary UquMaßon) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of toe abovenamed Company duly convened and hatd at lOHoe Cheng Road *07-02. Keppel
      458 words
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      Page 28 Advertisements Column 4
      441 28 M THE MATTER OF THE COMPAMES ACT. CAP. 50 AND M THE MATTER OF •fTERCON MARITME PTE LTD (In Msirtoers' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and haid at 10 Hoe Chiang Road *07-02. Kappel Towers. Sngapore
      441 words
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      Page 28 Advertisements Column 5
      398 28 M THE MATTER OF THE COMPAMES ACT, CAP. SO AND M THE MATTER OF NEDLLOYD AIR CARGO PRIVATE LIMITED (In Mamtoaf Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members ol the abovervamed Company duly convened and held al lOHoe Chiang Road *07 02. Keppel Towers.
      398 words
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      Page 28 Advertisements Column 6
      35 28 ijjS*'- Commands respect You've arrived. You're at your prime. It's time to get what's due. I HftRLEY-DftVIDSON SOLE AUTHORISED DEALER: HARLEY-DAVIDSON OF SINGAPORE(I994i PTE LTD 255 ALEXANDRA ROAD TEL 475 0123 FAX 4, 2 89C
      35 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      317 29 Bridge News Reuters PANAMAX rates in the east remained strong with rumoUrs of higher levels for short periods and trips to Europe, brokers said. Concern focused on nearby tightness with 1,200 basis for April challenged again, CIS said in its daily Biffex market report. Volume totalled 100 lots
      Bridge News; Reuters  -  317 words
    • Article
      MARITIME STOCKS
      288 29 so mmmmrmm »h W CWT Distribution—0.73 *0.02 42 ChuanHu* 0-47 *0.02 M Co SCO Investment. 0.795 -0.02 M FrMMLMU 0.34 *0.01 274 GBHeMtaqs 0.34 *0.02 22 HaiSwHi* 0.605 *0.005 KM Hitachi 2 OMn OAS *0.025 81 IMC imni m SAO Java Holdings 0.44S *0.015 29 Juronq Shipyard 7.95
      288 words
    • Article, Illustration
      New KL body to raise profile of maritime industry
      475 29  -  Amim will have more members than predecessor and voice marine concerns By\ David Hughes [SINGAPORE] Malaysian tycoon Am in Shah has set out to spearhead a drive to raise Malaysia's profile as a centre for marine industries. The executive chairman of
      475 words
    • Article
      Lock icon New plan to ensure success of ICB-Astro merger
      332 29 Reuters [LONDON] A new merger plan between Sweden's ICB Shipping and Greece's Astro Tankers aims to side-step legal action blocking the creation of one of the world's largest independent tanker fleets, an ICB adviser said. Completion of the deal expected by the
      Reuters  -  332 words
    • Article
      Manila amends outdated maritime law
      394 29  -  Move enables it to meet IMO standards before Aug deadline hYom Alec Almazan in Manila THE Philippines has amended the outdated Philippine Mer chant Marine Officers Law to comply with new internatlon- al standards. Philippine President Fidel Kamos signed amendments known as Republic Act 8544
      394 words
    • Article
      Lock icon HK port's box traffic falls 19% in Jan
      199 29 Bloomberg [HONGKONG) A Hongkong container port run by Cosco Pacific Ltd and Hutchison Whampoa Ltd said traffic plunged in January, showing Asia's slowing economies are squeezing China's exports and business at the world's biggest port. Some analysts said the January decline may
      Bloomberg  -  199 words
    • Article, Illustration
      New member for Freeport fleet
      64 29 ISINGAPOREI Ajkwa. a 15,000dwt copper concentrate self unloading barge, was launched earlier this week by Keppel Singmarine Dockyard which built it for PT Freeport Indonesia Company. In a later ceremony, a 5.440 bhp pusher tug was named Tembaga 3. The two vessels bring the total
      64 words
    • Article
      Salvage firm loses claim due to time bar rule
      751 29  -  ADMIRALTY CASEBOOK By\ Selva Kumar ASALVAOK company has lost its claim tor payment in an Australian court as a two-year time bar was hold to operate from the time the salvage was completed off Chile and not the corresponding time in
      751 words
    • Article, Illustration
      Meeting the challenges ahead
      841 30 SINGAPORE MARINE SECTOR This is the second part of an extract from the Singapore Economic Development Hoard's year-end review of the sector SINGAPORE'S marine industry will have to re-position itself to capture the opportunities in the areas of specialised shipbuilding and ship conversion projects which are
      841 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      359 30 PACE Evergreen 6 ANl 3 FL-BrigM 15 Accord 8 Farwide 14 Ahrenklel 14 Foonq Sun 8 Appenship 5 froti '5 Asia OCL 15 9 M links 16 Astro 3 L nl1 Austral 9 Gemartrans 8 Avant 16 Genshpg 9 B tang Mas 8
      359 words
    • Article
      SHIPPING GUIDE
      18933 38 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser V««H Voyage Telephone SIN Dest'n Nam* Nam* Number Number SIN Dest'n Name Name Number Number i 03/03 03AM COSCO SONC ME 0tl7E 65 *****0 To BUENAVENTURA (BUN) 2059 To ABIDJAN (ABJ) 2003 Colombia Ivory Coast, Cote
      18,933 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        789 45 VtSMl Voy Mo Mrth Arrival Ooparturo^ htm Itru 0201M J JOS *oo*Uto 26 02/2359 WZuT 0234* JOI WW* 27.02/0100 it tnr 0102* joi «omu« 2102/1700 ItMum J« OWN® J°' *0#4U«t 2402/2300 It Ur> IMt *****8 J01 iW*** 24.02/1700 *****® JO. JJOT* It NtinMu FCB24 JOI alon«siM 24.02/2359 *****4
        789 words
      • Article
        CONTAINER SCHEDULES
        1740 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Manc* litis Ship Voy No Etb/Btr Nrted From To From Acs UK 0(11 17/115* I* It/1500 14/1*5* n/noo N/1500 N/NI* N/T*OO U it/1700 27/ 0*51 17/0*00 2* wno 27/0*9* 17/0*00 i 27/o7oo n/tm 27/1400 mmrnm 2M MM i MMt MM
        1,740 words
      • Article
        GLOBAL HOLIDAY
        207 45 aurl Greece Orthodox Lent Monday. Mar 17 United Kingdom St Patrick's Day. Mar 20 Japan: Vernal Equinox Day. Mar 21 Mexico:Juarez Day. Mat 28 Greece: Independent Day. Ayr I Hong Kong Chlng Ming Festival. Apr 7 Brunei Hart Kaya HaJl Malaysia. Marl Kaya HaJt. A»r Denmark: Maundy Thursday
        207 words
      • Article
        COCKETT BUNKER MARKET REPORT
        862 45 THIS report. compiled by ('orkett Murine < 111 I .Id. shows price range* I n I' S dollar* In •load of (ingle prlra for a morp comprehen •Ivp description of thp markpl Prlcaa ahown arp baapd on averagp sized stem Markpl movements arp Indlrat ad Thp
        862 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        430 45 Ctrbon 180 Moi 1016 5 0.8 14.1 0.14 106 0.05 Pot ra Dontlty Witor l(U*M A*h AIwbMum Sodtawnt Wo oboM £25 5 0 0 4 1 0 1 rrjr m AM *4.3 0.4 0.0 0.06 26 0.01 („M MO Moi 992 0 1.0 M.9 0.M 48
        430 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Smaller plane makers bag US$1.9b orders
        457 46  -  REGIONAL JETS IN THE SPOTLIGHT Embraer wins 3 deals including USsBlom contract, biggest so far at airshow Reports by Felix Chan (SINGAPORE) Regional jets stole the show at this year's Asian Aerospace '98. bagging orders worth about US$l.9 billion (Ss3.l billion) so far and
        457 words
      • Article
        Sale to widen portfolio via lease-backs
        329 46 [SINGAPORE] Singapore Aircraft Leasing Enterprise (Sale) expects to expand its portfolio through lease-back deals in the coming years as the Asian economic crisis forces many of the region's airlines to find new ways to finance new aircraft purchases. Managing director John Willingham said Asian
        329 words
      • Article, Illustration
        FedEx kicks off Loadmaster launch with orders
        326 46  -  By. David Boey [SINGAPORE] IT MAY look ungainly but Ayres Corporation's chunky-looking LM2OO Loadmaster. one of the world's biggest single-propeller planes, appears to have made a smooth commercial launch. This comes even before the prototype will make its maiden flight in the middle
        326 words
      • Article, Illustration
        Lock icon American Airlines, Japan Airlines in code-sharing deal
        442 46 Alliance cuts costs, allows greater access to each other's regions Bloomberg |TOKY<)| Japan Airlines Co and AMR Corp's American Airlines announced a market ing ikirtnership that will help the two carriers cut rosts and gain a greater loothold in each other's region. The
        Bloomberg; AFP  -  442 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1674 46 CITY FLIGHT CTA FLIGHT ETO Adalaidt $0230 H20 Guanjihou »C C2354 0*0 Amsterdam SO 127 0820 *1844 0125 H n l 74 1310 inu 0,05 *1837 1540 GA994 2245 74C 14,0 *1838 2335 Nat *«l TG4C7 1540 TG4C8 1645 Auckland ****** 2045 ****** 2045 MlW7 1
        1,674 words
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      Page 30 Advertisements Column 1
      1067 30 I NORTH AMERICA ~1 I EXPORT I I OTHER DESTINATIONS 1 W-tUPCTtHUTTUIXPWt-P—CTTPIA p—l [SfrBTSWMOitOWTOO*«TOOUTHAM«»CA/AMAANO»»XWMI>I«HVIC«» w |nn im mi mom ok wt ton an w wmmmZlluo wTovwrlSmlEloTTrT^ won SSS MKia M/M M/M ZS M/M M/M M/M 5 I*™ KM H/M II.U WW Ifftr Ti/M SS3S SSI! n/5 "ft sft !?ft Eft
      1,067 words
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      Page 30 Advertisements Column 2
      655 30 series 'ej/wered r C/ Me c s 01 R ®9- s <* Fre»gM Forwarders VvJlfiPw tccnamo S*pc*rg Agents StUV Assocator Asscca'<<<" Send out 48,000 jSfev copies of your sailing schedules PSB Place an ad in... T Shipping Times Just talk to as... Iris Lim 740-2044 Jarrod Leoog 740-2089 k iii
      655 words
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      1098 31 TO EUROPE FROM EUROPE VESSfI VOY SIN RTM ANR HAM MV SOU fJtT uiT I VESSEL VOY DTK ANR HAM MV SOU FIT UN S»T NOi IRIS 1088 27/07 IS/03 17/03 20/03 21/03 HYUNDAI fEDOUL 4068 04/02 07/02 10/02 04/02 21/02 HY DUKE 3098 03/03 19/03 21/03 24/03 U/03 MOSU
      1,098 words
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      Page 31 Advertisements Column 2
      2228 31 HANJIN SHIPPING USA CANADA* FDR VSI/VOY IS |SM UNfHAU/VOY SIA TIW MM POI 01 MSP W On Ml PWI TV« TUI TYI usumiow 25/02" 26/02 pmkt 20/03 21/03 a/u 22/03 73/03 73/03 24/03 25/03 2S/03 2S/03 26/03 22/03 26/03 26/03 H. lONOON 0201 27/02 01/01 C.MQStOW/1021 25/03 26/03 77/03 27/03
      2,228 words
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      Page 31 Advertisements Column 3
      110 31 ORIENT EXPRESS LINES (U.K.) LIMITED ygs (MANAGER FOR SHREYAS SHIPPING LIMITED) y+rmnauj WEEKL Y SINGAPORE/MUMBAI (BOMBAY|jHUTTLE_ VESSEL VOY SINGAPORE BOMBAY VESSEL VOY BOMBAY SINGAPORE ALBERT BRIDGE 012 27/02 08/03 ALBERT BRIDGE Oil 15/02 27/02 SS SINGAPORE 100 02/03 11/03 IMORDKAP 423 18/02 02/03 SINARTOBA 225 06/03 15/03 CAPE BONAVISTA 001
      110 words
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      Page 32 Advertisements Column 1
      1631 32 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN/CANADA Vtatl VOY T* LfM HTM Wl HMI WV m VMSfL VOY SIM JIO GIT SPt FOS ¥1C MTW HJWR.MMGTON WWII 83 03 »U 22 03 23 (3 24 03 2S 03 2110 CADHIMMAHN WMII3 0103 11 13 23 03 27 03 21 03
      1,631 words
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      Page 32 Advertisements Column 2
      1210 32 MY LINE Internet Web Site http: //www.yml.comtw tk'*-' <1 Em <a< c,o^"M,mlc IJ.VI J' ifi; g~:; a. ifi ::;r,; gJ n: j j till Iftjl j'U I'JM4 ronc£ wkkiy every thursoay/sunday VESSEL VOV SIN CMB RTM HAM FXT LEH ANR OOVtR BRIDGE ABOBW 27/0? 03/03 21/03 19/03 18/03 23/03 MING
      1,210 words
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      Page 32 Advertisements Column 3
      565 32 LINE SS t TIL: *****56 FAX: ***** 11 MUARA LABUAN VISS£I VOT ETD ETA VtSSU VOT (TO ETA SPORE MUARA SPORE IM J. PROSPER VO6E/98 27/02 02/03 i-WOSPER VOM/9I 27/02 03/03 APRN.Gt.ORY V0«/9« OS/03 00/03 APRRGIORT VOtf/91 05/03 09/03 1 PROSPER VO/E/9I 11/03 U/03 J. PROSPER VO7E/98 11/03 15/03 APRRGIORY
      565 words
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      Page 33 Advertisements Column 1
      1203 33 VESSEL VOY SIN BKK POU PKO PEW BLW SUB 8* «K 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 MALAYSIA
      1,203 words
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      Page 33 Advertisements Column 2
      1822 33 EAST WEST AFRICA 1 (VIA DURBAN) I EVERY FRIDAY 1 I SINGAPORE'S GENERAL AGCNTS: 6 SHENTON WAY 111: 226 1900 FAX: *****08 OUTWARD (l/l) "TTJoSM^ToHOREOfFKE^"""""""""j COSTAR SNIPPING PTE LTD •W-OSDBSIIDG SALES/BKGS *****41/43 INWARD DIPT (0/0) *****85 COSTAR AGENCIES (M) SDN BHD (> WO: *****89Q000M TQWU TWO (*****9) CONVENTIONAL *****50/55 T/SHPMT
      1,822 words
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      Page 33 Advertisements Column 3
      553 33 EASTERN CAR UNER, LTD/'ri'itS.T 1 §_E_] ta (stwcAfonE) m ltd SPEQAUZI IN 8080 A HEAVY UFT UfTO 12? TONS ECI (SINGAPORE) PTE LTD LOADING FOR PORT KLANG/LAEM CHABANG LONG BEACH/VANCOUVER/TACOMA MV "OCEAN BLUE V.S2 MV "COSMIC MASTER" V.49 ETA SIN 28/02/98 ETA 13 05/03/98 ETA SN 03/03/ 98 ETA LA
      553 words
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      1500 34 EUROPE/UKySCANOINAVIA/fINLANO/WUSSIA SGP ROM ANW HBG THP ZEE LHV IHV THP ROM ANW HBG P*L SGP E. OAJNTY RW 004 28/02 20 03 25/03 21/03 23/03 24/03 25,03 E. GLAMOUR RE-054 03/02 02/02 04,02 06/02 02/03 03*3 E RESULT RW-018 07/03 27/03 01*4 20/03 304)3 31,03 01D4 E GARLANO RE 052
      1,500 words
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      Page 34 Advertisements Column 2
      933 34 S PORE M'SIA Carrier: MN COMTR LINES, INC I~K~/\~ J ONNOiiaOM7SOOOM SIBU: (064) *****9 MANILA: (632) *****61 PEMANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANO: (03) *****77 JKT (21) *****07 MPN: (61) *****3 KUQHNG (082) *****1-3 MANILA CENOA/BARCEIONA/LE HARVI MV "MARCON" V.802N MV "MSC ALEXA" V.9809-3 ETA
      933 words
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      Page 34 Advertisements Column 3
      445 34 (W NANTAILINEj FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL I VOY I SIN I PUll PUR I CPT I l/MY GOLDEN DKAGOW 003S 01/03 11/03 IS/03 19/03 NANTAI PRIN(ESS 020S 08/03 73/03 27/03 WAWTAI QUEEN O?tS 17/03 25/03 79/03 02/04 OS/04 NANTAI DKAGOW 00SS 30/03 09/04 13/04 17/04 NANTAI
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      620 35 BSA x ■MMR 'IHM I 1 111, Wf'l /'Wf wtm MYANMA pBBk FIVE STAR LINE (Myanmar Notional Lint) Loading for Yangon (Rangoon) VESSEL VOY SIN PRG PEN PGU MIRGUI 14J IM PT AVA 146W 03/03 MALAYSIA AGCNTS: BOUSTEAD SHIPPING AGENCIES KUi: HI 07-03-*****00 PKL HI 07-03-*****01 PEN: 1H 07-04-*****02 PGO:
      620 words
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      Page 35 Advertisements Column 2
      1374 35 L_ HYUNDAI MERCHANT MARINE CO. LTD. VKSfI VOY I SIN 1 SOU 1 L£H I RTM I ANT I HAM I ORV IKL IVESSa VOY I SOU ILW I RTM I ANT I NAM I ORV I EEL SIN HY GENERAL 310W 73/07 11/03 17/03 14/03 14/03 14/03 17/03 HY
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      Page 35 Advertisements Column 3
      973 35 norwegton specialized outocomers MMJfcgnusxv Qs®^@(§ TO NORTH AND LATIN AMERICA |VESSEI [~VOY RAMP HEIGHT iIM LAX CRL MIA SAV BAL ORF NYC NEW MOB TAMO FBOT~ 400 Tom 6.3 M ***** 28/03 WM 04/04 10/04 12/04 13/04 14/04 19/04 20/04 TOUR GOING fBO6 400 Tout 6.3 M 17/03 10/04 19/04
      973 words
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      Page 36 Advertisements Column 1
      1020 36 BAMGKOK/LAEM CHABANO JAKARTA/PANJANQ VESSEL I SIN I BKK LCH VESSEL VOY SIN JKT PJN YANTRA BHUM 229N 28/02 04/03 GURU BHUM' 87S 28/02 03/03 A KAN BHUM" 94N 01/03 04/03 05/03 ACX JADE* 15S 02/03 05/03 Km BHUM 43N 01/03 04/03 04/03 DEJA BHUM 737S 03/03 06/03 05/03 RATHA BHUM"
      1,020 words
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      Page 36 Advertisements Column 2
      429 36 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD. SINGAPORE 0206 TEL: *****68 FAX: *****64 TLX: R*****5 SINMER Wfm CRNo: **********0W Receiving Cargo at PTI Blntulu ~l Muara vissii vor sin »tu ¥I5Mi ¥51 iM* I Sent WOO4E 03W/03 09/03 *Jod« WM3E 0203/03 06/03 I Wort V9905E M 10/03 IS/03 MFmH
      429 words
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      Page 36 Advertisements Column 3
      654 36 A ACCORD A SHIPPING PTE LTD TE: *****13 (40 Lin«s) FAX *****30 FOKT KIAMG (03) 347 1001 J DIRECT ACCESS TEL *****55 (EXPORT BOOKING) MM OUDAHC (07) 351 1J77 *****34 (EXPORT DOC), *****39 (IMPORT) PtHAMC (04) 5J***** URL:HTTP://WWW.ACCORD.COM.SG JAKAKJi (21)*****70 WW IU SIM PORT m SIN POUT IU SIM PORT
      654 words
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      Page 37 Advertisements Column 1
      410 37 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE VSL VOY [""SPORE I A DAM ROAM IMIURG I BREMEN I ANTWERP VESSEL 42W8^r» i 2_I 27/3 1/4 OMTT S/4 TO AUSTRALIA FULL CONTAINER SERVICE VSI. VOY PKG SIM fRI BNt SYD MtL HBA MX FHt AUST ENTERPRISE VI2S 2602 2MB OMB
      410 words
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      Page 37 Advertisements Column 2
      991 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I j ——Jl4O Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NU taOHDI./OOrKJE I I3H— 5k 11% -BS ?ftr %s —5h —[HI ooa a«o»d 148 _4/l -ill 11/3 21/2 21/2 2111 l/i_ iil 111 l m r li/2 21/2 21/2 IL/2 1/1 11/1 12/1
      991 words
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      Page 37 Advertisements Column 3
      972 37 r VESSELS VOY SIN *1 JED MLA L£H HAM THP RTM ZEE VILLE D€ VIRGO S24W 03/03 12/03 17/03 22/03 24/03 26/03 26/03 27/03 VH-LE DC NORMA N24W 13/03 22/03 26/03 31/03 02/04 04AM 04/04 05/04 VILLEDE GEMINA K24W 19/03 02/04 07/04 08/04 10/04 10/04 11/04 VU.LE D ORION Y24W
      972 words
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      Page 39 Advertisements Column 1
      52 39 To retrieve more schedules, just follow these simple steps... documcnl 74(Mi(KM)^^^/p^ te,) be faxed M M Press"l" m W /x Select the port your Step key in the four Q number digit code Key in your Example: i fax number To NEW YORK (NYC) 2275 01 United States for calls
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      Page 42 Advertisements Column 1
      1187 42 SAMUDERA SHIPPING LINE LTD ■"■P"" 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKINGS CALL■ DIRECT LINE: *****41/43 JESSICA/CELIA/MEI CHAN 7 SLGS/WEEK 2 SLG/WEEK IVESSEL [VOY [SK TJAK 1 [VESSEL VOY I SIN I PLB ZZI LALAZAR 1003
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      Page 42 Advertisements Column 2
      618 42 ||M ENG LIE SHIPPING CO PTE UD I M: *****75 (4 Uni| UI: 5330<31 S324f*o Ctltoi 15IIftOOOOOC VESSEL VOY SIN ETA SIN ETD DESTINATION Smor Central 03/98 27/0? 28/02 PwMwn/Buam/P Bau Union Star 8 03/98 01/03 03/03 Dumc/Belowon Usohoßoru 03/98 01/03 02/03 Kuola lunogal/lambi Buono Abod* 03/98 02/03 05/03 fWonij
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      Page 42 Advertisements Column 3
      421 42 SIN 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 m CHINA 01/03 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/OINGDAO/HAIKOU m EUROPE/UK 01/03 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepling cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 03/03 LOS ANGELES/NEW YORK all IPI points
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      Page 42 Advertisements Column 4
      477 42 Singapore Soviet Shipping Co. Pte. Ltd. CR NO:**********0N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTA RATU 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 08/04 10/04 KOTA RATU RTUOOS 27/03 04/04 16/04 18/04 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA VESSEL
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      Page 43 Advertisements Column 1
      1359 43 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE VESSEL VOY SIN CMB PtR GOA I VIC liH I ANR FXT MSC ROSSELLA 9808 3 08 MAR 12 MAR 21 MAR 23 MAR 25 MAR 28 MAR 29 MAR 30 MAR MSC ALEXA 9809 3 13 MAR 1 7 MAR 26 MAR
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      Page 43 Advertisements Column 2
      1823 43 ,1 ygM WW 1 RTW 1 WMH Iflt IvTSsa/voYAGt sou «tm haw uh sront now hagoya shuwzu Itokyo OOa SMGAPOM 04WA0I 7* 07 14.03 14.03 17.03 71.03 NYKANTAMS 021A05 01.0? 05.0? 03.0? 07.0? 23 02 01.03 03.03 04.03 OSX3 NY* PSOCTON 1 1 WWW 05.03 21.03 7103 74.03 71.03 NYK
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      Page 43 Advertisements Column 3
      134 43 i r N aH (iestination!f?*< ff A /tV For Booking Plaase Call E*ito*/Zarina: (65) 222 7Q22 \L Changzhou \l Shanghai \L Foshan \L Shantou \L Fuzhou \L Shenzhen \l Guangzhou \l Tianjin \L Hangzhou \L Wuhan v£ Huangpu \L Xiamen \l Qingdao Zhongshan I\L San Shan Zhuhai 1 OUR NEXT
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      Page 44 Advertisements Column 1
      479 44 I VESSEL VOY SIN MAA SIN TIGER BAY 607N 28-01 03 05 08,03 12 1303 TIGER WAVE 608N 02 0303 08 11/03 16-17 03 TIIGER ISLAND 609N 05-06,03 11 15,03 19 20/03 TIGER BRIDGE 610N 09 10,03 15-1»03 23 24,03 TIGER BAY 611 12-1303 18-2203 01 05,04 TIGER WAVE 612
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      Page 44 Advertisements Column 2
      938 44 I FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg CONSOLIDATION SERVICE ARGENTINA ETD SIN SOUTH AFRICA ETD SIN BUENOS AIRES 12/03 CAPETOWN 02/03 CHILE ETD SIN DURBAN 02/03 VALPARAISO 10/03 JOHANNESBURG 02/03 GREECE ETD SIN SPAIN ETD SIN PIRAEUS 02/03 BARCELONA
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      Page 44 Advertisements Column 3
      1193 44 OOCL (Sinqopore Pte Ltd "cFsTeppeTDisirpk^——— <Js. I 79 Anton Rood #21-04 (S) *****6 Blk 513 #01-128 I enquiry /n\ V CR NO **********0H M 272 7827 (all 3269 180 1# W: *****13 Fo» 221 3942 Fok: 272 7825 1 NORTH AMERICA USA/ CANADA AUSTRALIA TO USA LGB "(HI "MtM "NYC
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      130 45 I LEGEND R Thunderstorm Temperoture c x e Weother Wind direction with speed m knots Rom *A/ove height Cloudy Sky Surface wind, ore mdicoted by arrow, which fly with the wind One full circle repre,ent, calm or light ond variable winds 1 One half Heche represents 5 knot, L_» One
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