The Business Times, 17 March 1998

Microfilm: NL21174
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, MARCH 17,1998
    13 words
  • Article
    MARKET SUMMARY
    59 1 □sra UM.79 (+6.16) PJBT-SU u mm (+2.85) PI BTCOMP Q 1*397.43 (-0.89) KKA ***** (-31.53) I^MAEgTTHOOP: STOCK MARKET Monday Change KLSE COMP 7WJ1 NIKKEI *****.14 199 HANG SENG 11,181 J4 +124J1 SET INDEX SUM 1.7 JAKARTA COMP 518.79 +4.06 SEOUL COMP mm uat CLSA CHINA B __1,014J3 II
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  • Article
    FINANCE
    76 1 EXCHAH6B KATES* uss s$ USS 1.609 1.17# 1686 DM 1561 1886 YEN 109 1774 1145 MS 1366 0.426 HKS 11» 1208 BAHT 0.025 1040 WJP1AH 100 1010 1016 btte-banJt rot* PUB KATES SINGAPORE* 7JJ5 KUALA LUMPUR „1300 JAKARTA -._21O0 BANGKOK 15J0 MANILA .27.50 HONGKONG 1015 T A1PH 8J0 SYDNEY
    76 words
  • Article, Illustration
    Lock icon Rupiah steady despite fears over cabinet lineup
    822 1  -  Talk of early start to currency board deters punters from shorting rnpiah From S N Vasuki in Jakarta FINANCIAL markets yesterday appeared to ignore the negative international reaction to President Suharto's new cabinet as the Indonesian rupiah remained generally stable after the weekend
    REUTERS  -  822 words
  • Article, Illustration
    Lock icon Won, baht lead rally in Asian currency markets
    430 1  -  Regional stock markets have an indifferent day By Larry Wee [SINGAPORE] The strength of the Thai baht and Korean won signalled another strong session for Asian currencies yesterday, but the Indonesian rupiah's inability to sustain levels below 10,000 per US dollar trimmed
    Source: Dow Jones  -  430 words
  • Article, Illustration
    China's NPC picks Hu Jintao as likely successor to Jiang
    526 1  -  BEIJING 55-year-old party functionary named vice-president From Lu Ning in Beijing THE National People's Congress China's parliament yesterday elected a 55-year-old engineer-turned-party functionary as vice-presi-dent, in a move political observers saw as the grooming of a successor to President Jiang
    526 words
  • Article
    DBS Land turnover crosses $1b, but earnings fall 12%
    459 1  -  By. Abdul Hadhi [SINGAPORE] DBS Land's group turnover crossed the $1 billion mark in 1997 but group net earnings slipped 12 per cent to $182.35 million at the lower end of analysts' expectations. Some analysts felt the consensus estimate of an
    459 words
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      89 1 DHBPB Tlw Property Cohnnn Lee Han Shih on why the good take-up rate at Yew Mei Green Is seen as bad news for developers, Pg4 Thb fafenikrs Several major shareholders of listed Malaysian companies have been cutting their shareholdings, VfcM Ckariana The frenzy over Leonardo DiCaprlo is not just about
      89 words
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      269 1 f!3| •HEWLETT* ISEO PACKARD •sSTEh k i^^B'fl A Glanca at Future V9H FMiRM/ProRM 1200 r^ i «m -—mtJ v j•' ;*/.'PKS H* j2fll ins,an,on Fuser toner softwares The future of printing. Once again, the leader in printer innovation introduces breakthrough office technology: the new HP LaserJet 4000. New G e
      269 words
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      Page 1 Advertisements Column 3
      10 1 DBS Land holds back new launches this year, Pg 15
      10 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      S'pore, M'sian firms can tie up to face global contest: Rafidah
      734 2  -  She reveals proposal for export processing zone in Johor near Second Link By Yang Razali Kassim MALAYSIA has proposed that Singapore and Malaysian companies in selected industries tie up to form giant firms to take on global competition. Rafidah
      734 words
    • Article
      MPs call for tripartite response to job losses
      522 2  -  YESTERDAY IN PARLIAMENT They suggest ways MOM can help coordinate responses to downtnrn By. Audrey Tan MANPOWER planning in the midst of an economic crisis was a big worry of MPs in Parliament yesterday. In discussing the budget for the newly-renamed Ministry
      522 words
    • IN Brief
      • Article
        MP's to offer access that filters out porn
        19 2 as a separate network which wiUfflter but pornographic Web sites. v.
        19 words
      • Article
        Rules soon for breach of TV, ad codes
        62 2 THE Singapore Broadcasting Authority (SBA) is working on a set of rules to deal With breaches in TV and Advertising Codes, BG Yeo also said yesterday. The fines will range from $1,000 to $50,000, depending on the severity of the breach. The
        62 words
      • Article
        Boost to S'pore film industry
        58 2 A FILM commission has been formed to facilitate film production in Singapore, by providing a one-stop centre for foreign film-makers here, BG Yeo said. He was responding to complaints by MPs that Singapore's film industry has foiled to take off, in part because of the
        58 words
      • Article
        New body to promote Chinese Net
        104 2 THE Arts and Information Ministry has set up a committee to find ways to promote the development and use of Chinese Internet among Singaporeans, BG Yeo said. Committee members, led by chairman Prof Wee Chow Hou from the National University of Singapore, come from
        104 words
    • Article
      Boon Yang allays fears over issue of foreign talent
      329 2  -  By* Jennifer Lien SINGAPORE needs foreign talent, but locals will remain the foundation for Singapore's labour pool, Manpower Minister Lee Boon Yang told Parliament yesterday. Responding to several MPs' concerns yesterday, Dr Lee said Singaporeans should look at the foreign talent
      329 words
    • Article
      26% fall in applications to use CPF funds for private homes
      390 2  -  By, Jenny Lam THE ttt!inbc(t*o/ applications to use Central Provident Fund savings to buy private housing under the Residential Properties Scheme (RPS) fell by a quarter to 8,895 last year, the lowest in at least four years. The 1997
      390 words
    • Article
      Jump in illegals trying to slip through Causeway
      196 2 THE number of illegal immigrants caught sneaking into or out of Singapore in motor vehicles more than doubled to 749 last year. Immigration Singapore yesterday revealed that incidences of illegal immigrants trying to slip through the Causeway by hiding in the car
      196 words
    • Article, Illustration
      Bank loans down 0.2% in January
      295 2  -  By Clarissa Tan REFLECTING a soft property sector and weaker consumer sentiment, bank loans fell in January compared to December the first month-on-month decline since 1993. Bank loans amounted to $142.9 billion in January, down 0.2 per cent from December 1997, according to latest
      295 words
    • Article, Illustration
      Lock icon Q4 CPF default rate up at 1.27%
      332 2  -  EYE OM THE ECONOMY CPF By] Frances Lui AN AVERAGE of 1.27 per cent of employers defaulted on CPF contributions in the fourth quarter of last year. The rate was up from 1.22 per cent in the preceding third quarter, but down slightly
      Source: CPF  -  332 words
    • Article, Illustration
      Lock icon Bill Gates to boost S'pore ONE drive towards intelligent hub
      468 2  -  By Catherine Ong MICROSOFT Corp chairman Bill Gates is expected to announce plans later this week to help Singapore ONE speed up its ambitious drive to transform the Republic into an intelligent island. During a regional meeting of the World
      MOHD ISHAK/THE NEW PAPER  -  468 words
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      296 3 jgH J fB Pe Ple ke SSkt f ke 1998 UXUS LMOO tl>e LS4OO ,ke SU P erlarive lea,ker anJ waJnut U J" dutiful contour, tfc.e li e before you U„„. Tke new even more generous interior space and all the luxuries placed so Variable Valve Timing-intelligence (VVT-i); an ingenius
      296 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon The exec condo challenge
      630 4  -  THE PROPERTY COLUMN Yew Mei Oreen's successful relaunch last weekend spells trouble for private developers By Lee Han Shih IT is a reflection of the sorry state of the private housing market that even the good response to Yew Mei Green spells bad news for developers.
      FILE PHOTO  -  630 words
    • Article
      S'poreans buy 20 units of yet-to-be-built project in Sydney
      340 4  -  By Kan Yi Kang {SINGAPORE! Singapore investors snapped up 20 units of the yet-to-be-built Regency Chatswood in Sydney last week. The twin-tower project with 500 units is developed by Walker Corporation, a listed Australian company. Marketing agent PRD Austpac says buyers
      340 words
    • Article, Illustration
      Lock icon Bangkok retail property market seen worsening
      370 4  -  Prom, Harish Mehta in Bangkok THE Bangkok retail property market will deteriorate further as the economic recession will continue to reduce consumer spending, and consequently, demand for retail space, says international property consultant Jones Lang Wootton (JLW). In its latest six-monthly report, JLW said
      FILE PHOTO  -  370 words
  • Page 4 Advertisements
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      270 4 FOR SALE BY TENDER FACTORY OFF JLN BUKIT MERAH 2-sty detached fty with annex bldg 99 years tenure wef 1963 Prominent frontage Newly renovated Land area: 33. 100 sq ft Redevelopment potential Built-in area: 24.600 sq ft Plot ratio 2.5 Tender Closing Date: 22 April 1998, 3pm Vuff HT I
      270 words
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      56 4 II ■nsmvfßmn|^H| !i«? i $s£f TflflfiMtSM j I «£tt» j Corporate Industrial Building in Tampines FOR SALE Land Area Approx. 161,500 sq ft Built-in Approx. 108,000 sq ft Tenure HOB lease 30-f 30 years w.e.f. 1989 Excellent condition and corporate identity For more details, please contact Sole Marketing Agent Richard
      56 words
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      120 4 INDUSTRIAL PROPERTY FOR SALE CENTRAL LOCATION •Built-in 360,000 sq ft •Land area 230,0005q ft Tenure Balance 33 years No ground rent payable 3 mins walk to MRT Within established housing estate Main road frontage Suitable for light/high-tech industries Sale lease back or vacant possession For more detaUs, please contact: Dr
      120 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon KMT to seal S-EA investments worth millions of dollars
      345 5 TAIPEI Business mission leaving today aims to boost ties with crisis-hit nations AFP, Bloomberg TAIWAN'S cash-rich ruling Kuomintang (KMT) is to finalise millions of dollars of investment deals in Southeast Asia this month to boost ties with crisis-hit nations, a KMT-affiliated
      AFP,; Bloomberg  -  345 words
    • Article
      Lock icon KL pact to buy Indon-made military planes under review
      302 5 KUALA LUMPUR Aircraft maker's future being assessed; minister Reuters MALAYSIA is reviewing an agreement to buy Indonesianmade military transport planes because of questions about the state-owned aircraft maker's future, Defence Minister Syed Hamid Albar said yesterday. Malaysia's armed forces had signed
      Reuters  -  302 words
    • Article
      Dutch software firm Baan's Asia-Pac revenue up 94%
      227 5  -  SINGAPORE By' Toh Han Shih DUTCH software firm Baan's revenue from the Asia Pacific grew 94 per cent in US dollar terms last year. "For this year, in Asia-Pa-cific, we will stiU hit at least double digit growth but maybe not double,"
      227 words
    • Article
      Lock icon Glut sends Hanoi office rents down by 25%: report
      154 5 HANOI AFP OFFICE rentals in the Vietnamese capital have plummeted 25 per cent due to a glut in the property market, a report said yesterday. UK-based property consultant Chesterton International found the monthly rental for office space in the downtown area
      AFP  -  154 words
    • Article
      Lock icon Indon group accused of bomb-making
      147 5 JAKARTA AFP THE Indonesian military has accused a leftist group of making bombs in the capital, the second such case this year, reports said yesterday. Jakarta military command spokesman Lieut-Colo-nel D J Nachrowi said three suspects arrested on Friday in the latest case were alleged
      AFP  -  147 words
    • Article, Illustration
      Lock icon Now, for some religions business...
      50 5 FLOS ANGELES] Thai Prime Minister Chuan Leekpai, with members of the media closely tai ling him, meeting Buddhist monks at a temple in Los Angeles on Sunday. The prime minister travelled to California after meeting US President Bill Clinton in Washington earlier last week. REUTERS
      REUTERS  -  50 words
    • Article
      Thailand to slash number of generals by 75%
      321 5  -  From, Harish Mehta in Bangkok THAILAND has approved plans to reduce the number of military generals by a hefty 75 per cent over 10 years from 1,400 now as part of a policy to reform the armed forces. The Nation newspaper reported
      321 words
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      257 5 EPSON With Our Earth Epson's latest big advancement JSL in printing technology is thinner than a human hair. A Print head containing 192 Micro Piezo nozzles. size. Micro PieZO Technology. The result brilliant color, sharp printing and true A new standard of printing quality. photo qua,lty And Micro Piezo Technology
      257 words
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  • MARKETS IN TURMOIL
    • Article
      Manila drafts laws to rein in bank owners
      400 6  -  Central Bank move sparked by collapse of Orient Bank From Al Labita in Manila THE Philippines' Central Bank is drafting a law making bank owners "criminally hable" for making excessive loans to themselves, an official said yesterday. Central bank governor Gabriel Singson
      400 words
    • Article
      KL to lower growth forecast, Anwar may unveil new measures
      513 6  -  Analysts see farther cuts in govt spending, rise in foreign ownership ceiling From, Eddie Toh in Kuala Lumpur MALAYSIAN Finance Minister Anwar Ibrahim yesterday said the government would lower its earlier growth forecast of 4-5 per cent this year. "We
      513 words
    • Article, Illustration
      Lock icon It's deposits only for now at new Thai state bank
      537 6  -  From. Harish Mehta in Bangkok RADANASIN Bank, the latest state-owned commercial bank to open its doors, will accept deposits from the public immediately but will only start lending later this year. This is because plans for the launch of the
      AFP  -  537 words
    • Article
      Lock icon Brunei halves development budget to B$605m
      194 6 AFP [BANDAR SERI BEGAWAN] Oil-rich Brunei has slashed by half its development budget this year as it reeled from regional economic turmoil, according to a just-released government gazette. Brunei will spend ***** million (Ss6os million) for development this year compared with 8|1.3 billion in
      AFP  -  194 words
    • Article
      Lock icon Malaysia confident Asean can overcome crisis
      207 6 Bernama [KUALA LUMPUR] Malaysia yesterday expressed confidence that the region's economic and financial problems can be overcome with Asean's strong determination and boldness to face the situation. The Malaysian King Tuanku Ja'afar said his confidence was based on the strength and self-resilience of Asean
      Bernama  -  207 words
    • Article
      Lock icon Indon problems could cause another crisis: ADB chief
      474 6 He sees little chance if IMF flexibility for Jakarta Reuters [MANILA] Indonesia's continuing economic problems could lead to a second crisis in the region, Asian Development Bank (ADB) president Mitsuo Sato said yesterday. But he said in an interview that he sees
      Reuters  -  474 words
    • Article
      Lock icon Indon power firm running out of funds
      243 6 Bridge News [SINGAPORE] Indonesia state power company Perusahaan Listrik Negara (PLN) will run out of funds to pay Arco, Unocal and other gas suppliers next month, the company's president Djiteng Marsudi said yesterday. PLN and state gas distribution company Perusahaan Gas Negara (PGN)
      Bridge News  -  243 words
  • Page 6 Advertisements
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      135 6 •Tung Centre •Parkway Parade •A-Z Building •Paya Lebar Road For details, please contact owner: Tel: 437 6853 437 6872 534 3132 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management,
      135 words
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      20 6 C Didn't yen ItMN? I read it in e*t* "ifum". C.t»' Ww» t«»<»f ClitiifM >M» niliuj. J SmaIPA/ CAT A
      20 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China's 16% export surge unsustainable: official
      355 7 BEIJING Its Eximbank plans to step up lending to exporters by 60% this year Bloomberg, AFP CHINA'S export spurt in the first two months of the year is unlikely to be sustained as Asia's financial crisis begins to dent future orders, a Chinese trade
      Bloomberg,; AFP  -  355 words
    • Article
      Lock icon Investors opt to go solo in China
      322 7 SHANGHAI Foreigners have grown disenchanted with local partners AFP MORE and more foreign investors are choosing to go it alone in China after too many unhappy marriages with their local partners. Such partners were in the past eagerly sought to find the way
      AFP  -  322 words
    • Article, Illustration
      Lock icon Congratulating President Jiang
      54 7 [BEIJING] Chinese President Jiang Zemin (right) being congratulated by outgoing Vice-President Rong Yiren after Mr Jiang was re-elected presidentfor a second term during the Nmth National People's Congress (NPC) yesterday at the Great Hall of the People in Beijing. The NPCformally re-elected Mr Jiang with an overwhelming
      AFP  -  54 words
    • Article
      Lock icon US fund-raising investigators allowed to question Taiwanese
      337 7 TAIPEI Reuters TAIPEI yesterday said it has allowed US investigators to talk to Taiwan figures as part of a US congressional inquiry into alleged fund-raising abuses during the 1996 US presidential and federal elections. But Taiwan carefully described the inquiries as "interviews" rather
      Reuters  -  337 words
    • Article
      HK jobless rate rises sharply to near 3% in quarter ended Feb
      345 7  -  Underemployment at 1.6%; analysts see figures rising From, Loh Hui Yin in Hongkong UNEMPLOYMENT in Hongkong for the quarter ended February rose sharply to almost 3 per cent while underemployment reached 1.6 per cent, grim figures which analysts
      345 words
    • Article
      Lock icon Beijing hails US move on human rights
      232 7 BEIJING Reuters CHINA yesterday welcomed a US decision not to sponsor a UN resolution critical of its human rights record, but offered no sign it would reciprocate by releasing political prisoners. "We welcome this news and appreciate it," said Li Baodong, the Foreign
      Reuters  -  232 words
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      251 7 phone system wrt I free DID. Not fussy. Can start 1 immediately. akr7 1 Dl ng: Josle 9-123 4567. Sing Tel Phone Net The enly phone system that gives you free DID. Due to overwhelming response, we have extended our at different locations and the reliability of the system, make
      251 words
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  • ASIA
    • Article
      Lock icon Saudi prince puts US$151m in Daewoo, Hyundai
      249 8 SEOUL AFP A MULTI-billionaire Saudi Arabian prince known as one of the world's most astute investors yesterday invested U*****.5 million (*****.8 million) in two South Korean companies Daewoo Corp and Hyundai Motor Co. Prince Al-Waleed bin Talal Abdel Aziz al Saud, who flew
      AFP  -  249 words
    • Article
      Lock icon Korea may allow hostile foreign takeovers, mergers
      447 8 SEOUL Govt moves to bring in foreign money as corporate debt is put at aronnd USs6oob AFP SOUTH Korean Finance Minister Lee Kyu Sung yesterday proposed allowing hostile foreign mergers and acquisitions this month, as a thinktank put the country's corporate debt at
      AFP  -  447 words
    • Article
      Lock icon S Korea eases rules on stock sale by foreigners
      192 8 SEOUL Bloomberg SOUTH Korea is allowing foreigners to sell blocks of stock through private negotiations with Korean investors effective immediately, instead of having to'trade shares on the stock exchange, the Securities Exchange Commission said. They were previously allowed to trade stocks
      Bloomberg  -  192 words
    • Article
      Lock icon India economy a victim of politics?
      355 8 NEW DELHI Chidambaram says instability in govt killed his blueprint AFP OUTGOING Indian Finance Minister Palaniappan Chidambaram yesterday said his widely-acclaimed economic blueprint for the country had been killed off by political instability. Mr Chidambaram said in a statement in the media that his
      AFP  -  355 words
    • Article, Illustration
      Lock icon Rubbing shoulders with India's next PM
      59 8 [NEW DELHI] Bharatiya Janata Party (BJP) prime minister-designate Atal Behari Vajpayee smiling after a wellwisher applied tilak (a holy Hindu marking) on his forehead during celebrations at his residence yesterday. Mr Vajpayee will be sworn in as prime minister on Thursday after President KR
      AFP  -  59 words
    • Article
      Lock icon Financial crisis pushes Korea jobless rate to 8%
      119 8 SEOUL AFP [SEOUL] The number of unemployed in South Korea has soared to 1.65 million, pushing the jobless rate to 8 per cent, since the financial crisis hit the country, the labour ministry said yesterday. The ministry had based its figures on
      AFP  -  119 words
    • Article
      Yen takes a beating against major units
      640 9  -  Markets unnerved by claim that many banks have negative net worth From, Anthony Rowley in Tokyo THE yen plunged against the dollar and against other major currencies yesterday as financial markets took fright over a leading politician's claim that many banks here have
      640 words
    • Article
      Lock icon LDP official calls for 20t yen package
      265 9 TOKYO AFP A SENIOR right-winger from Japan's ruling party yesterday called for a massive stimulus package worth more than 20 trillion yen (*****.7 billion) in a direct attack on his party's mainstream. Shizuka Kamei, a former construction minister who wields considerable influence in
      AFP  -  265 words
    • Article, Illustration
      Lock icon S Korean defence drill
      152 9 SEOUL AFP AIR-RAID warning sirens wailed in Seoul and 44 other South Korean cities yesterday as the country staged a mock reaction exercise to a North Korean air and chemical weapons attack. As the sirens went off at 2pm (0500 GMT), people scurried off the streets
      AFP  -  152 words
    • Article, Illustration
      Ex-chief of business group to head BOJ
      391 9  -  Masatu Hayamai to replace Tano Matsushita From Anthony Rowley in Tokyo A FORMER chief of a business leaders' association will take over as governor of the Bank of Japan (BOJ), replacing Yasuo Matsushita who will resign over a bribery scandal at the central
      391 words
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      120 8 BJP pats policy in limbo, Bottom line, Pg 11 HBll9^Bpß?^V^B*flß^Bßßrjßk^^BEl Hi H fcfc ImgWM| i|a M ink AJ yiilllii IB HI B^"®* rrom to a copier to a exciting world t)f to technology upgrade the Fuji Xerox ABLE anytime ffifi- e uture by new functions to i the very same
      120 words
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      186 9 "Indecision is a Decision too I the saddest words in life are I I 1 SHOULD HAVE." M 4,378 people have benefited from Shiv Khera's I dynamic programme in the last 24 months. H 73% gave the highest rating EXCELLENT and 26% rated it GOOD. I Seminar I Strengths Control
      186 words
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      152 9 M A, seeing all the possibilities... With the right financial resources behind you At IFS, we see a vision of the future where others see only the heje and now. Because we understand the needs of a growing business, especially when it comes to cash flow and financing. That is
      152 words
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  • THE WORLD
    • Article, Illustration
      Lock icon EU poised to vote for lifting ban on British beef
      416 10 BRUSSELS The vote will give hope to farmers hurt by worldwide trade ban imposed by EU Reuters BRITISH Agriculture Minister Jack Cunningham yesterday said he was confident European Union farm ministers would back a plan to ease a two-year-old ban
      Reuters  -  416 words
    • Article
      Lock icon Germany seen enjoying economically better year
      208 10 KIEL, Germany BMiaDPfmcutto mfpMß prtfiom TMU-'I Iml *t 2J% Reuters GERMANY will continue to enjoy general economic improvement this year, the Institute for the Economy (Ifw) in Kid said yesterday. This year's real gross domestic prodfcet figure will probably surpass the previous year's level
      Reuters  -  208 words
    • Article
      Lock icon White House fights new sex charges against Clinton
      366 10 WASHINGTON AFP THE White House yesterday launched a counterattack against another woman who alleged that President Bill Clinton kissed and groped her in the Oval Office against her will and then lied in denying under oath the incident happened. White House communications
      AFP  -  366 words
    • Article
      Lock icon Global PC shipments seen rising 13% in '98
      263 10 TOKYO Bloomberg WORLDWIDE shipments of personal computers will rise 13.4 per cent in 1996, as strong demand in the US, Europe and Central America outweighs slumping Asian sales, said research company IDC Japan Ltd. The introduction of new software such as Windows9B
      Bloomberg  -  263 words
    • Article, Illustration
      Lock icon Baby doctor Benjamin Spock, 94, dies
      173 10 SAN DIEGO Reuters BENJAMIN Spock, who influenced the lives of millions of people around the world through his books on how to bring up babies, has died at his home, according to a report on CBS. He was 94. In 1946 he smashed the
      Reuters  -  173 words
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      1320 10 8 DBS LAISID DBS LAND LIMITED (Incorporated in the Republic of Singapore) I The Board of Directors of DBS Land Ltd wishes to announce that the unaudited results of the DBS Land 4) BALANCE SHEET AS AT 31 DECEMBER I Group for the year ended 31 December 1997 are as
      1,320 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      BJP puts India in economic policy limbo
      694 11  -  THE BOTTOM LOVE OPINION By Vikram Khanna The writer is BT's regional economics editor EVER since India launched its economic reforms in mid-1991, Indian politicians and business leaders have periodically found themselves obliged to intone, in mantra-like fashion, that the reforms are Irreversible''.
      694 words
    • Article
      IN OTHER WORDS
      132 11 'I told him about my nickel a week. It didn't seem to make much of an impression on him.' -Jimmy Carter former US president, on late Chinese leader Deng Xiaoping's response to Mr Carter's weekly contribution to US missionaries in China when he was a child. 'Adolf
      132 words
    • Article
      Zhu Rongji's uphill battle
      612 11 EDITORIAL IT used to be that each year, China would unveil its economic growth target for the year at its spring parliamentary session By the year's end, the target would almost always be surpassed often by a large margin Clearly, these targets had little to do
      612 words
    • Article, Illustration
      Lock icon Preparing for future competition
      1019 11  -  E§S Economists View Backcasting can help managers look into rivals' future goals and work back to current strategies By{ Clement Wang IN today's global competition, Asian firms be they manufacturers or service providers are increasingly being drawn into a dog-eat-dog ertvironmeiit. This climate ofwfbid change and
      FILE PHOTO  -  1,019 words
    • Article
      WHAT THE OTHERS SAY
      829 11 Tlm news on nuclear arms IN A world beset by wars and rumours of wars, the good news can often slip past unnoticed. Information released in Washington this week emerged so quietly, it almost passed without notice. Despite being one of the most significant developments of
      829 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      35 11 DOOHESBURY By Garry Trudeau WOKAY. TRYING TO TEACH I lOV MYKJPA IREFUL I VOU NOSENSS OF 1 \ne6GTABUS g M<£-M TRAPS'NOWMWBfT' I Ve&HCf*PRA6&NGMZ I fSS2"I &TW*OUr} 1 7DMAK£ > J WZB I I I 2f I
      35 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Leo's Hollywood's hottest property
      1063 12  -  The frenzy is not just about his looks but his talent PPP IBW mmßim reports BERNARD WEINRAUB NYT ASK the top talent agents in Hollywood or studio executives or producers for the name of the biggest star in town. It's not Tom Cruise or Mel Gibson
      NYT  -  1,063 words
    • Article, Illustration
      Lock icon Flowers bloom in Ungaro's Winter collection
      489 12 FASHION Valentino tries to be different while Bahrain disappoints Reuters [PARIS] French designer Emanuel Ungaro etched a drainpipe silhouette on Sunday, vibrant with deep colour and a touch of the Orient for his Autumn Winter ready-to-wear collection. That meant long angora coats over jersey
      Reuters; AFP  -  489 words
  • Page 12 Advertisements
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      1038 12 DON ASIAPAC LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of the Company will be held at 10 Arumugam Road #09-00, Lion Industrial Building, Singapore *****7 on 31 March 1998 at 10.00 a.m. for
      1,038 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      122 12 THE WEATHER Singapore Partly cloudy. Temperature(34-25) rmrllkn WU* Good. Europe Rl/Lo» (M I ■■if Hl/Lo* (M. ss? gj; isa a* ss S3 <*+ B/07 Cta4y Bfrta 09 W Showtn *11 nn (Vwh Boh 11*1 (Vwh Howtah t7/l» Sw> a* Hk> Copenhagen 07/W (loudv Lo« An**. IVIJ S*> •3? II S
      122 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
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      217 words
    • Advertisement
      Page 13 Advertisements Column 2
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      176 words
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      Page 13 Advertisements Column 3
      168 13 Fancy a baker's dozen? Then try some ffgyjj,[y UUtnaJa.lt, ViCllna Bakeshop famous Bavarian Loaf, or tuck in to some Walnut Bread, served with a delectable I spread of cakes, j wastries <* d tea. ss t ISftt CROWNE PLAZA* Singapore Fmmr/y it, R,fsl Htlmtmy Im Crrnrm PUu J 25 Scm,
      168 words
    • Advertisement
      Page 13 Advertisements Column 4
      151 13 Buy It. Sell It. Find It. Classified. CATS Call Today For Results Tomorrow. 1800-737-1166 11 mv Sl M 3-in-1 V s Promotion* I -15% discount off food items and set menu |B lucky draw coupon with every yS SSOspem I Free car waxing with $200 or more spent in a
      151 words
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      Page 13 Advertisements Column 5
      109 13 I T kj7 H j TM mWIT J WTAWAKT j Delight in a meal for four i j and enjoy i 125% savings j on your next meal for two i Call S3l-6271 for reservations Mantkirin |£j Singapore J 333 Orchard Road, Singapore *****7. Td: 737 4411 I ■I 1"
      109 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      608 13 TVvRADIO VtNNHAavelf Ground (See Our work. 1, ill li :f JTTTn'Sn^ 2W PMTVinnnvatinnc Choice). 2.00 PM TV Innovations. too KidzMtz: Festival of 10J0 4 (rf"™ Chln a AaS3 ■E*""" 5.00 Hole IUS Chinna Kuyili fr, to* iS™e=r ble SSr Day (kOO Parambariyan (r). iM il i 7 TT •JO The
      608 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      177 13 OmmC CROSSWORD character (9) 8 Tuck In one's clothes (5) —■Hb'—^ Girl may seem mad, to some en to one in need of food (9) DOWN crowd (4,5) YESTERDAYS SOLUTION 1 Model problem (5) 1® Regret failing to keep one's re- I iji-. 2 One persecuted by two boys 001x1
      177 words
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      Page 14 Advertisements Column 1
      315 14 VBl *mT^&S& v s i w ai.'i■■ m ■m.Am M IllV.fl M| Hi B |4F ■> H K ■B H i' ;^;-^t^WWMW|^H|MM| B B Bi PMR» B'' BB B %F B BJbi I%■ II I«r i -Ipßplil-.fe' xj ,><' rf, 5"- ;> 1 vr '^i^^HßHß r^w^—i BB I IB B
      315 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      DBS Land holds back new launches this year
      482 15  -  No price cuts in the offing property giant to shed assets with poor yields By. Abdul Hadhi [SINGAPORE] DBS Land will not be launching any new residential projects here this year and will not cut prices, prompting analysts to speculate that group
      482 words
    • Article
      Gul Tech posts 20% rise in profit
      390 15  -  Printed circuit board maker reveals expansion plans By Annette Pau [SINGAPORE] Printed circuit board maker Gul Technologies yesterday reported a 20 per cent jump in net earnings to $12.4 million and disclosed aggressive expansion plans. In its first set of full-year results since
      390 words
    • Article
      Lock icon SML shares rise 9% after earnings news
      304 15 Bloomberg [SINGAPORE] Shares of Sembawang Marine Logistics Ltd (SML) rose as much as 9 per cent after it said 1997 profit rose 46 per cent on the sale of ships and higher demand for its services. "It has businesses that are doing well
      Bloomberg  -  304 words
    • Article
      Why kick up a fuss over 'low' prices at HK govt land sales?
      794 15  -  HOCK LOCK SIEW Quak Hiang Whai IT WAS not too long ago that the Hongkong government came under fire for the astronomical land and property prices in the territory. It s strange how the same government is
      794 words
    • Article
      Keppel Land's Villa Verde 28% sold after 3 days
      412 15  -  Demand fuelled by prices 10-15% below comparable houses By] Diana Oon [SINGAPORE] Buying continued at a brisk pace at Keppel Land's Villa Verde project yesterday, with the tally reaching 142 units sold at the end of the third day of its
      412 words
    • Article
      Hersing IPO 16.7 times subscribed
      179 15 [SINGAPORE] Hersing Realty. better known for its flagship property broker ERA Realty Network, attracted a subscription of 16.7 times for its small public offer tranche. At the close of its initial public offer yesterday, some $18.1 million in application monies were received for 50.2 million
      179 words
    • REGIONAL COMPANIES
      • Article
        Major Malaysian shareholders trim stakes
        495 16  -  Bnt most bigwigs not bailing out of their companies, say analysts From Eddie Toh in Kuala Lumpur SEVERAL major shareholders of Malaysian companies have started cutting their holdings in their listed vehicles in the current battered stock market. They include companies linked to corporate bigwigs
        495 words
      • Article
        Lock icon Astra up on Bob Hasan's cabinet job
        298 16 Price continues to rise despite bad news about car sales AFX-Asia, Bloomberg [JAKARTA] PT Astra International yesterday extended its gains following the appointment of the company's former president commissioner, Mohammad "Bob" Hasan, as industry and trade minister, dealers said. The share price continued
        AFX-Asia,; Bloomberg  -  298 words
      • Article, Illustration
        Lock icon Listed Philippine property firms take defensive stance
        597 16  -  From, Al Labita in Manila WEAK demand, a slowdown in earnings and high interest rates have forced listed property firms in the Philippines to take a defensive stance in the real estate market. Index heavyweight Ayala Land Inc, the country's largest and most
        FILE PHOTO  -  597 words
      • Article
        Lock icon YTL posts 67% jump in interim profit to RM351m
        146 16 AFP [KUALA LUMPUR] Integrated infrastructure development group YTL Corporation Bhd reported a 67 per cent increase in its pre-tax profit to 351 million Malaysian ringgit (SSI49 million) for the half year ended Dec 31,1997. At the company level, pretax profit was
        AFP  -  146 words
      • Article
        Lock icon Gamuda to scale back project in bid for financing
        157 16 Bloomberg [KUALA LUMPUR] Gamuda Bhd will propose scaling back its plan to build a 1.2 billion Malaysian ringgit (*****.8 million) expressway in an effort to keep the project alive, an official of the Malaysian construction company said yesterday. Gamuda will seek
        Bloomberg  -  157 words
      • COMPANY Briefs
        • Article
          Lock icon KUB confirms buying 32% stake in MMC
          71 16 Bernama [KUALA LUMPUR] KUB Malaysia Bhd yesterday confirmed that it has proposed to acquire 32 per cent equity interest in Malaysia Mining Corporation (MMC) from Permodalan Nasional Bhd (PNB). It said it had signed a memorandum of understanding with PNB for the acquisition
          Bernama  -  71 words
        • Article
          Dairy Farm gets new non-exec director
          35 16 [SINGAPORE) George J Ho has joined Dairy Farm International Holdings as non-executive director. Mr Ho, a lawyer by training, is now engaged in the broadcasting, multi-media and telecommunications industries.
          35 words
        • Article
          Pacific Can makes $1m provision
          61 16 [SINGAPORE] Pacific Can Investment has made an extraordinary provision of $1 million in respect of a commercial paper issued by a financial institution which was placed under liquidation recently. This provision, which has been included in the company's annual report for the financial year ended
          61 words
        • Article
          Ng Kai Wa reduces Creative stake
          49 16 [SINGAPORE] Ng Kai Wa has sold 50,000 Creative Technology shares, thus reducing his shareholding in the multimedia company to 4.5 million shares or 4.96 per cent interest Forty thousand shares were sold at US$23 each, while another 10,000 were sold at U5523,125 each.
          49 words
        • Article
          SingTel push in maritime business
          71 16 [SINGAPORE] Singapore Telecom is expanding its maritime customer base by introducing the latest Inmarsat maritime satellite communication services at SingaPort'96. The targeted sectors are those in the maritime industry still using traditional radio and mobile phones for their communications at sea. The new system offers
          71 words
        • Article
          Two counters join CPF trustee list
          49 16 [SINGAPORE] Chevalier Singapore Holdings and T.inng Court Holdings have been designated CPF Trustee stocks, thus increasing the total number of shares undo* the CPF Investment Scheme to 174. These comprise 161 mainboard trustee shares, three Sesdaq trustee shares and 10 trustee loan stocks.
          49 words
        • Article
          Corrections and clarifications
          42 16 SING Investments Finance said its net profit before extraordinaries last year was $5.1 million. The $2.6 million figure in our March 14 report headlined "Sing Investments net down 5% to $2.6 m" refers to net profit after extraordinary items.
          42 words
      • Article
        Lock icon Berjaya Group not selling Berjaya Singer
        144 16 Bernama [KUALA LUMPUR] Berjaya Group Bhd has rescinded its proposal to dispose of its entire interest in Berjaya Singer Bhd. In a joint statement, the companies said the proposed buyback of all the existing subsidiaries of Berjaya Singer via Tegas Kinta Sdn Bhd for
        Bernama  -  144 words
      • Article
        Lock icon CDL Hotels profit in second half down 10.4% to NZ$6.6m
        257 16 Bloomberg [AUCKLAND] CDL Hotels New Zealand Ltd, the nation's largest hotel owner and operator, yesterday indicated sec-ond-half profit fell 10.4 per cent amid a decline in sales. Indicated earnings in the six months ended Dec 31 fell to NZ$6.6 million
        Bloomberg  -  257 words
      • Article
        New Toyo starts its first joint venture in China
        183 16 [SINGAPORE] Paper products maker New Toyo International has formed its first joint venture in China to make corrugated boxes and other paper-related boxes. Its wholly owned subsidiary, New Toyo Corrugated Products, will hold a 60 per cent stake in the company,
        183 words
      • Article
        Bid to challenge NYSE drives Nasdaq merger
        781 17  -  Battle between US' biggest exchanges to draw new listings from foreign firms hotting npc analysts From Andrew Marks in New York A UNION between Nasdaq and the American Stock Exchange is a shot across the New York Stock Exchange's bow, warning that competition
        781 words
      • Article
        Lock icon Investor queries Country Road's disclosure
        204 17 Reuters [MELBOURNE] Country Road Ltd minority shareholder Australian Retail Investments (ARI) said yesterday it had raised concerns about the disclosure obligations of Country Road with the Australian Stock Exchange and the Australian Securities Commission. ARI said it had not received a satisfactory explanation for why
        Reuters  -  204 words
      • Article
        Lock icon US Ameritech to sell its 25% stake in NZ Telecom Corp
        281 17 Its NZs3.7b worth of shares will be sold in two instalments AFP [WELLINGTON] Ameritech Holdings Ltd yesterday said it would sell its nearly 25 per cent stake in two instalments under the US company's plan to exit from New
        AFP  -  281 words
      • Article
        Lock icon HK's KTP closes one Indon factory
        127 17 Bloomberg [HONGKONG) KTP Holdings Ltd, a Hongkong company that makes Reebok and Adidas shoes, said it's cutting its losses in Indonesia as political turmoil looms. KTP shut down one of its two factories there and is thinking of closing the other. It may take
        Bloomberg  -  127 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon US cellullar phone firms agree to US$6b merger
        273 18 Alltel signs deal to take over Chicago-based 360 Communications Bloomberg, NYT [NEW YORK] Alltel Corp yes terday agreed to buy 360 Communications Co for about US$6 billion (559.6 billion) in stock and assumed debt to expand its wireless phone business in the
        Bloomberg,; NYT  -  273 words
      • Article, Illustration
        Lock icon Pearson operating profit surges 15% to £323m
        300 18 Rise led by higher income from publishing businesses Bloomberg [LONDON] Pearson pic, a UK media company, said 1997 operating profit rose 15 per cent, led by increased income from its newspaper and consumer publishing businesses. Pearson posted operating profit of £323.2 million (SsB67
        Bloomberg; FILE PHOTO  -  300 words
      • Article
        Lock icon Aetna to buy healthcare business for US$1b
        307 18 LAT-WP, Bloomberg [NEW YORK] Managed-care giant Aetna Inc yesterday announced that it would buy for US$l.O5 billion in cash (Ssl.7 billion) the health-care business of New York Life Insurance Co. Aetna said it will pay for the purchase of NYLCare Health Plans through
        LAT-WP,; Bloomberg  -  307 words
      • Article
        Lock icon Amex merger: veteran votes with his feet
        358 18 Cut-price sale of seat reflects opposition to NASD tie-up Bloomberg (NEW YORK] A day after the American Stock Exchange agreed to merge with the National Association of Securities Dealers (NASD), a 40-year Amex veteran voted with his feet, selling his membership at a
        Bloomberg  -  358 words
      • Article
        Lock icon Roche anti-obesity drug hits cancer link hurdle
        231 18 FT [ZURICH] Roche, the Swiss pharmaceutical group, has suffered a fresh setback in its bid to market Xenical, its long-awaited anti-obesity drug, after a US panel of experts changed its view about whether the drug increased the risk of breast cancer. A Food
        FT  -  231 words
      • Article
        Lock icon Investor confidence in Latin America waning: poll
        272 18 Bloomberg [CARTAGENA, Colombia] Less than one third of Latin America portfolio managers surveyed in a new poll expect investments in the region to increase this year. An economic slowdown in Asia has dampened enthusiasm for emerging markets in Latin America, according to a
        Bloomberg  -  272 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Int'l banks struggle to finance debt from buy-outs
        341 19 Absence of Asian banks from market means fewer to carry record load FT [LONDON] A record number of European leveraged buyouts over the past six months has left international banks struggling to absorb a mountain of acquisition debt. The withdrawal of Asian
        FT  -  341 words
      • Article, Illustration
        Bankers Trust launches 1st unit trust in S'pore
        368 19  -  The sub-fund will be sold through Stanchart, UOB branches Hyi Shiv Taneja [SINGAPORE] Investment management heavyweight BT Funds Management (BTFM), the fund management arm of US-based Bankers Trust, yesterday launched its maiden unit trust in Singapore, with plans for several more in
        368 words
      • Article
        Lock icon HSBC pays US$15m to up stakes in fund management firms
        280 19 Reuters. AFX-Asia [HONGKONG] HSBC Asset Management Asia Pacific Ltd, a wholly-owned unit of HSBC Holdings pic, has agreed to increase its stake in three private equity fund management companies for a total of US$l5 million (Ss24 million). HSBC said Asia
        Reuters.; AFX-Asia  -  280 words
      • Article
        Lock icon US hedge funds take US$5b bets on millennium bomb
        382 19 Disrupted banking system seen driving np interest rates FT [LONDON] US hedge funds have taken substantial bets in the financial markets that the millennium bomb will paralyse the banking system on Jan 1, 2000, forcing interest rates higher. Futures brokers said
        FT  -  382 words
      • Article
        Lock icon Biggest US pension fund moves US$10b to new managers
        324 19 Bloomberg [SACRAMENTO, California] The California Public Employees' Retirement System (Calpers) hired six investment managers and fired five in a bid to boost returns on more than US$lO billion (5516.2 billion) they invest in stocks for Calpers. The US$l29 billion public pension
        Bloomberg  -  324 words
      • Article
        Lock icon Citibank, foreign banks to lend up to 70b yen to NEC
        345 20 It is Japan's first syndicated revolving loan as local banks cnt back lending Bloomberg [TOKYO] Citibank NA and seven other foreign banks will lend up to 70 billion yen (*****.4 million) to NEC Corp in Japan's first syndicated revolving
        Bloomberg  -  345 words
      • Article
        Lock icon Telstra sale set to trigger fund reshuffle
        328 20 Fnnds to move from govt debt to equities, corporate debt Reuters [SYDNEY] The government's plan to sell its remaining two thirds of Telstra Corp Ltd for more than As4o billion (5543.6 billion) is expected to trigger a massive re-weight-ing in pension funds away
        Reuters  -  328 words
      • Article
        Lock icon India to import soybean to meet demand
        174 20 Reuters [NEW DELHI] India has decided to allow the import of one million tonnes of soybean to meet the rising domestic demand in a move seen by the industry as a step towards freeing oilseeds trade. "The government has decided to allow import
        Reuters  -  174 words
      • Article
        Lock icon Euroyen and JGBs edge higher
        210 20 SSMELReport Reuters [SINGAPORE) Simex Euroyen and Japanese government bond (JGB) futures edged higher in thin technically driven trade yesterday as Tokyo stocks subsided despite recent reports about the use of public funds to boost the Nikkei. JGB yields slid to record lows amid scepticism over
        Reuters  -  210 words
      • Article
        Futures rise along with stock index
        156 20  -  MSGI TAIWAN FUTURES Cecilia Loh cilia Loh, service dealer, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures rose 0.20 point with the cash index surging 9.79 points to 9,065.30. Computer-related companies led the gains on optimism that rising demand from
        156 words
      • Article
        Lock icon Crude oil prices fall 2%
        277 20 ENERGY REPORT Bloomberg [LONDON) Crude oil dropped as much as 2 per cent to its lowest for more than nine years in London amid concerns that oil producers won't curb rising output and reduce a glut in supply. More oil from producers inside and outside
        Bloomberg  -  277 words
      • Article
        Lock icon CURRENCY REPORT
        269 20 Reuters, AFXAsia London THE dollar remained confined to narrow ranges against the mark in late trade here as this weekend's devaluation of the Greek drachma and revaluation of the Irish punt failed to have a major impact, dealers and analysts said. According to Paribas economist Nick Parsons, the
        Reuters,; AFX- Asia  -  269 words
      • Article, Illustration
        Untitled
        1239 20 DfTERBAMK CROSS RATES MarI8 AS Fir M H« l«dts fc»IH YwWw Ml HgHkH Peso S$ Ktwd Sir WT$ 61* HI US$ Australia 0.94* 6.178 0.614 4.086 1218 5.197 26.492 67.095 0.867 9.806 2333 1152 29.600 26.469 1079 3234 0.990 ***** 26.972 0.402 0571 Canada 1055 5.876 0548 4210 1285 5.482
        1,239 words
    • COMMODITY PRICES
      • Article
        Untitled
        1741 21 SICOM fUTUftES Mar 16 RU88£R (Marts ctosiog as it S.30pa) RSS1 CONTRACT(S cwitsAg) CtOM Volume Open Nowtb HHI> Low Sett (tonnes) Interest Apr 98 m n375 iROO M50 675 Nay 98 118.50 2500 Jun 98 120.75 120.75 120.50 300 3475 Jul/Sep 98 126.75 4095 Oct/Dec 98 t34.50 5625 Jen/Nar 99
        1,741 words
      • Article
        WORLD STOCK MARKETS
        2182 21 LONDON —i— i Muslims Ptoc. *f31 Group 585.400 -4.600 AB Ports 373 .600 Abbey National *****/4 -22 3/4 Allied Domecq 575.400 -1.600 Am* 159 4 Asda Group 194.400 1 BAT Ind -629.400 -5.600 BG Pic 294.200 -5.800 BtCC 149 .3 BOC Group 963 11.600 BR Petroleum 818.400
        2,182 words
      • Article
        Lock icon TOKYO
        1641 21 Bloomberg fl Nikkei 225 .199 JAPANESE stocks fell for the third time in four days as companies cut their profit forecasts and the government released more statistics showing the economy is deteriorating. Banks such as Bank of Tokyo-Mitsubishi Ltd and Sanwa Bank Ltd paced the decline. "We keep being
        Bloomberg  -  1,641 words
    • Article, Illustration
      Lock icon HONGKONG
      1524 22 AFP Hang Seng +***** SHARE prices rose 1.1 per cent yesterday from the previous week's finish, with financials leading gains on the back of European fund buying, dealers said. The key Hang Seng Index rose 124.51 points to end at 11,181.54, after a high of 11,207.35 and a low
      AFP  -  1,524 words
    • Article, Illustration
      Lock icon CHINA
      614 22 Reuters 11 Shenzhen B Index *LOB CHINA'S hard currency B shares ended higher yesterday, buoyed by demand for stocks expected to report solid 1997 profits, brokers said. But gains were trimmed by lingering concerns stemming from Asia's financial crisis, they said. "Domestic investors were seen buying up stocks expected
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  614 words
    • Article
      Lock icon TAIPEI
      340 22 AFP Flwrlndei +9.79 TAIWANESE stocks edged up 0.1 per cent yesterday, led by technology shares, after trading in a narrow range, brokers said. "Technology and nontechnology issues see-sawed on a lack of new leads," said Samson Cheuh of President Securities Corporation. The Weighted Price Index rose 9.79 points to
      AFP  -  340 words
    • Article
      Lock icon WELLINGTON
      261 22 AFP n Wellington -138 STOCKS dropped 0.3 per cent yesterday on light turnover as Telecom Corp fell. The NZSE-40 was down 6.38 points to 2,292.79 on a turnover of NZ557.4 million. Telecom Corp fell 12 cents to NZ$B.43 as quarter owner Ameritech Corp announced details to sell out its
      AFP  -  261 words
    • Article, Illustration
      Lock icon BANGKOK
      814 22 AFP CI SET Index -L 7 CONCERNS over leading bank stocks drove the Thai share market down 0.3 per cent yesterday despite early euphoria over OS financial assistance announced during the weekend, analysts said. A sharp rise in the baht to a four-month high in morning trade added to
      AFP  -  814 words
    • Article
      Lock icon SEOUL
      412 22 AFP Q Composite Index -4£B SHARE prices closed slightly lower on the Korea Stock Exchange yesterday as earlier gains on the strengthening won gave way to reduced foreign buying, dealers said. Declining large-caps led the market's downturn while investors expect foreign buying will weaken further. The market opened slightly
      AFP  -  412 words
    • Article
      Lock icon SYDNEY
      586 22 AFP D All Ordinaries -L 7 SHARE prices closed marginally lower yesterday in directionless trade, waiting for indications from northern hemisphere markets, brokers said. The All Ordinaries Index lost 1.7 points to 2,729.9. Turnover totalled 283.34 million shares worth A 5782.05 million. The All Industrials Index fell 2.2 points
      AFP  -  586 words
    • Article, Illustration
      Lock icon JAKARTA
      720 22 AFP Composite Index *4.06 SHARES rose 0.8 per cent yesterday on the back of lastminute buying in selective stocks as a new cabinet assumed office, dealers said. Most foreign investors stayed on the sidelines amid scepticism over the new cabinet's ability to solve the country's economic problems, they said.
      AFP  -  720 words
    • Article
      Lock icon MANILA
      317 22 AFP O Manila +2083 SHARE prices closed one per cent stronger yesterday led by second liners and a stronger peso, analysts said. It's "mainly second liners" that are pushing up the index, said Ted Valte of A and A Securities Inc. The Composite Index gained 20.83 points to 2,194.12.
      AFP  -  317 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Shares close mixed in thin trade
        387 23 n Composite Index -455 BLUE-CHIP shares ended mixed in thin trading with investors uninspired by February's inflation data and the World Bank's vote that Malaysia is one of the strongest regional economies, dealers said. At the close, the the Kuala Lumpur Stock Exchange's key
        387 words
      • Article
        Untitled
        8335 23 INDUSTRIALS Consumer products wo Lul Vol Day N«t Cao High Lo« Company Sato OOP Hlpli Low p/c $mM 310 180 Ajinomoto 258 > la 1 in* A '*8 73 Angkasa —112 3 5 112 109 2 6 1651 290 123 Apollo Food Mlg 200 -1 2 201 200 5 8
        8,335 words
    • WARRANTS & OPTIONS
      • Article
        KepLand wrt may be worth a look
        170 24  -  WARRANT WATCH -By R Sivanithy KEPPEL Land has been in the news recently and the market's view of the property company appears to be slowly improving. A look at its warrants therefore might prove instructive. The instrument has a $3 exercise price compared
        170 words
      • Article
        Untitled
        3502 24 BONM, LOAMS i VAMAMTS 97 e mM Last VaI Day Last Ouot< a vq High Ln Stna Company Sat* «ar- <000> Mtgh Lw Buyar SaMar Pries 68 9 m 3000 m AMD6 cS.5%*****6 17 13 81 8 3160 -Acar ******1USS 13 -0.5 5 13 13 12.5 13.5 •31 8.5 3164
        3,502 words
    • Article
      CLOB INTERNATIONAL
      2302 24 Transaction date Mar 16 MALAYSIA* STOCKS Gr Qf >997/96 Lnt Vat Day Lot Ouota Mv Mv *M Nat M Cap Law Stne Company iaH COOP) High Law Buyar «gfcr CV P/t $m» 478 28 msSOOO AIS850C 90 -3 413 95 89.5 90 90.5 5.0 3-3 12 372 92.3
      2,302 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6476 25 Transaction date Mai 1G Or Gf M Wt ...J?' 7 L** 1 *•> Day Last Quote Dtv Dtv YM Ni< Cap Ave H*t* Low StWo Company Sale COOP) High Low Buyer Softer C'vr H P/I $mM Prlca WOUSTVtAU 157 18.5 1020 ACE Dynamic s60c...
      6,476 words
    • Article
      SESDAQ
      1121 25 V °«v l4«»0«iote Mr mi mm c«S A«| M» L—I tm» Cowpony I* COOOI >—l t— —yor »08«r Cw W M Wa 186 76 2000 ABA HldflS Sc 99 *3 M 99 99 99 110 3.0 6.0 02 141.4 44.0 97 448 76 0 2049 AS Auto 10c 196
      1,121 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        HOT STOCK
        60 26  -  -by Wong Wei Kong WING Tai shares closed up four cents yesterday at $1.39 on a volume of 6.33 million shares, compared with its 10-day traded average of 3.16 million shares. The weekly RSI and Stochastics suggest that the stock might be overbought, and this is supported by
        60 words
      • Article
        Untitled
        200 26 Stocks Volume •Renong Bhd 50c 11,387,000 •M Resources 7,980,000 Datapulse 5c 7,851,000 TAC BtIO 200 7,141.000 Wing Tat 25c 6,333,000 DeSLand 5,606,000 *101 Corp Wt 4,920,000 STEngglOc 4,856,000 *MBf Capital 4,823,000 Keppd LandSOc 4,724,000 Stocks SIA Foreign 16,416,006 DBS Land 13,190,910 SPH 13,114,347 UOB Foreign 9,800,250 SingTel 15c 8,818,210 Wing
        200 words
      • Article, Illustration
        Market marks time as trading volume dwindles
        648 26  -  STOCK MAUBT COMMENTARY Jakarta-IMF stand-off continues to weigh on market; pressure on ringgit drags down EL stocks By R Sivanithy [SINGAPORE] The local stock market had difficulty establishing any clear trend yesterday, especially since the currency market experienced a nondescript session and because
        648 words
      • ON THE GRAPEVINE
        • Article
          Second is best
          68 26 PHILIP Eng, head of Cycle Carriage, spoke from the heart when he described how the group's property arm MCL Land fared in the many state land tenders iast year. "We came in second in a lot of tenders. We gotta be thankful we came in second," he
          68 words
        • Article, Illustration
          Lock icon A rush for DBS Land
          115 26 SOME 120 "suits" and their female equivalents turned up at the Merchant Court Hotel yesterday for a briefing on DBS Land's results. They filled the ballroom to near capacity, and there was a near stampede when DBS Land retail director Susan Sim started handing out
          ARTHUR LEE  -  115 words
        • Article
          A forex warning
          71 26 WITH forex markets swirling, Reuters recently reported from Washington that the US Commodity Futures Trading Commission has warned investors to be wary of fraudulent trading schemes involving foreign currencies. More specific advice is reportedly in the pipeline from the CFTC, especially after it recently took out a
          71 words
        • Article
          Time for housecleaning
          58 26 SINCE the blame can be attributed to the regional economic turmoil, a listed company is taking the opportunity to houseclean before it presents its results. "Since it's going to be ugly, we might as well make it damn ugly since we can get away with it this
          58 words
        • Article
          Giordano eyes Korea
          72 26 TALK in Hongkong is that the Giordano group would soon close a garment factory in China and has already made a provision of some HKS3O million (516.3 million) to HK$4O million for the move. The company has been hit by slow business, with sales in Hongkong, Taiwan
          72 words
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      217 15 Wi GLASStech ASIA '98 rrrwl: International Glass Products HliHlt Glass Manufacturing TECH ASIA Materials Exhibition Conference World Trade Centre, Singapore (Hall 3A) 17 -19 March 1998 11am 6pm daily GLASStech ASIA '98 is the region's FIRST event to cater to the ENTIRE flat glass industry. Over 100 major companies from
      217 words
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      204 16 0 If) Just one of the gfreat 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 before. Choose two of these great options that hest suit you, to take advantage of real Inter-Continental hospitality.
      204 words
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      369 17 university of HffiH university of SOUTH AUSTRALIA UmUM LOUISVILLE Adelaide, Australia "The Top 25 Business Schools" Kentucky, USA @w H<p PhDsMBA Doctor of Philosophy in Business Management KSHhI 2nd Intake June *98 sth Intake •18 April '98 2 I U^ a ,X ft Nationally accredited by AACSB 100% in Singapore
      369 words
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      1641 18 jr m. v LtlJ huan hsin holdings ltd Proforma Full Year Financial Statement And Dividend Announcement Full-year financial statement on consolidated results tor the year ended 31 December 1997 These figures have not been audited Latest year to 31 December Previous year to 31 December 1997 1997 1996 1996 SS'OOO
      1,641 words
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      80 19 v like frf, Q#f**Q +ft/h tf wtytnAb^s is* Savour the inspired flavours of Cafe des Artistes. Now open at The Oriental, Singapore. Bring along this advertisement before 13 April 1998 to enjoy ?070 Ji}44FUnf~ during lunch time. Advertisement can be used for a one time redemption only. Call 331 0082
      80 words
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      123 20 SINOAPOBE sv>PREMIERES j-^rrj^rrrr-. Watch this space as your prize unravels. The Business Times, your business daily, now brings you the latest from Bvtgari Parfums. Get to know The Business Times and win Bvlgari Parfums products. All entries would be eligible for the grand draw in April and lucky winners will
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      25 20 r r It's a joy using s— The Straits Times classified to find t^ie ea esca P a de or fami| v- j 4 CATS.
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      43 24 Sole Distributor: SMH S E A. (S) PTE LTD Longmes longines I 438 A Alexandra Road *05-03/04 Alexandra Technopark I Singapore *****7 Tel: *****88 Kax. *****96 H if 111 I I PH«:„. m /UIOV/ 1 L V L ELEGANCE DU TEMPS DEPUIS 1832
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      1207 26 The Straits Times Classified/TangHn Hall Tanglin Mall, every third Saturday of the month, spm 11pm BUSDVESS Notices To advertise call toll-free 1800-*****83 Call 1800-737-1166 St a to place a Wf quick-acting ad IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF GARNER INVESTMENT PTE LTD
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      4 26 .✓JK J&i§L CATS. 1800-737-1166
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      51 26 piw Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. CATS. Another Classified Service O o Fill. up your tank! Take your pick from a choice selection of hobby fishes for sale in Aquariums, 0 every Saturday in The Straits Times 0 Classified.
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      327 27 Bridge News, Reuters ATLANTIC Panamax rates continued to slip with brokers here suggesting that under US$lB.OO without combination ports is close to being achieved on the run from the US Gulf to Japan with low rates talked for transatlantic grain. A quiet end to another quiet week, Clarkson
      Bridge News,; Reuters  -  327 words
    • Article
      Lock icon MARITIME STOCKS
      265 27 Source: BRIDGE w '000 Mill 1i *h M CWT DtctrftuMon 0.72 unch IT OwpnMu# 047 *0.01 82 Cmc« lnvo«tmont.. 0.79 J2KJJ** 0J3 -OOI 80 8yj»MM« 0J4S *0.03 24 HgllwHue 0.54 -04)09 97 WtKMZoawi 0.40 *0.019 29 MCHaMbi*—HKS.40 JayoHoMngo 0.S7 -0.01 jt Jvtona Shipyard 7 J9 -0.09 10? KoppaJCam
      Source: BRIDGE  -  265 words
    • Article
      Call to go all out to promote Port Klang as load centre
      456 27  -  Foster alliances in Malaysia and region, minister nrges terminal operators By] Felix Chan [SINGAPORE] Private port terminal operators in Port Klang have been urged to be more aggressive in convincing manufacturers to consign their goods through the port
      456 words
    • Article, Illustration
      Jurong Shipyard's ultra large conversion job
      120 27 [SINGAPORE] The former ultra large crude carrier (ULCC) Juno was named Ta 'kuntah (above) following its conversion to an FSO (floating, storage and offloading) at Jurong Shipyard (JSL). The 350,000dwt tanker Juno was built in 1978 and has been undergoing conversion to an FSO
      120 words
    • Article, Illustration
      Lock icon Korean shipbuilders' misfortunes prove their Japanese rivals right
      622 27 AFP [TOKYO] Japan's world-lead-ing shipbuilders are quietly celebrating the Asian financial crisis as they watch their main rival crumble. Japan has for the last 20 years been the world's largest shipbuilder, driven first as a group of islands by its reliance on
      AFP; FILE PHOTO  -  622 words
    • Article, Illustration
      Saudi Arabian ship makes maiden call at S'pore
      226 27 [SINGAPORE] United Arab Shipping Co's (UASC) 3,800TEU (20-ft equivalent unit) containership, Narjan, made its maiden call to Singapore yesterday. The Saudi Arabia-flagged containership is the first of 10 similar capacity newbuildings on order from the carrier. It has a service speed of
      226 words
    • Article
      Yang Ming, New World Alliance in slot-sharing deal
      141 27 [SINGAPORE] Yang Ming Line, of Taiwan, is to share vessel space on the New World Alliance's recently launched Asia-Mediterra-nean service. Yang Ming will purchase vessel space on the new service beginning next month. The service was launched in February by the New
      141 words
    • Article
      Pirate attack at Java port
      99 27 [JAKARTA] Pirates have attempted to plunder a Vietnamese ship carrying 7,100 tonnes of rice to Indonesia, a report said. At least five pirates boarded the Nam Dhiem last Thursday night, when they were confronted by a crew member as the boat cruised near the West
      99 words
    • Article, Illustration
      Lock icon Shipowners seek full inquiry into causes
      560 28 BULK CARRIER SINKINGS Intercargo says reasons for loss should be clearly established Reuters Shipowners* organisation Intercargo has called for full investigation of all bulk carrier sinkings in the wake of new evidence provided by a report into the loss of the British vessel Derbyshire.
      Reuters  -  560 words
    • Article
      Lock icon Master charged over Nissos Amorgos oil spill
      250 28 Lloyd's List [LONDON] Konstantinos Spiropoulos, the master of the Greek-flagged Nissos Amorgos, has been charged formally under the Venezuela criminal code with causing pollution by spillage or leakage of oil, more than a year after he was taken into custody after the incident.
      Lloyd's List  -  250 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      238 28 PACE Opk Lloyd 9 XL 9 Dongnama 7 ML 3 iCL 5 Accord 8 AppensMp 5 'oongSun 8 Astra 4 CIM 4 Astro 3 C«»*tr"» Austral 9 BS* 7 H» Sun Hup 8 Batammdo 7 Bayswater 7 3 BtangMas 8 """9* CCMI 7
      238 words
    • Article
      SHIPPING GUIDE
      25687 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ITA ITA Adv*rtls*r Vni« Voyaga THaonoct ITA ITA Adv*rtls*r Vnm Voyaga TatapHona SIN OMt'n Nam* Nam* Nwmb*r Number SIN D*st'n N*m* M*W* W—Xf HwOBT 20/03 09/04 COSCO XlBOHE 0003W 45-*****00 A 21/03 11/04 CMA MCD TAICHUNO 220W 45 *****22 T« ABIDJAN fABJI 2003 24/01 l
      25,687 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        712 41 Vtss*< Voy Mo Bwth Arrivtl Popyturt Urn AmM KM *j07 <MMpMM *03/1500 S, Up,, u *4-A J* *01/0*00 Altai «Md ¥-07 J02 «an«st4« 17 03/0500 RMNI *****0 J« *«*9»i4» n.ovwoo Rf**0795 *****0 J01 Atoned* 2"5S?. R text) M»1S J01 Mats* 16-03/2359 MM, 218 JOT *03/*1S N«V ***** JU
        712 words
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        CONTAINER SCHEDULES
        1448 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofcinq/Bolonc* Rstls SMp Voy Mo Ett/Btr Portod from To From Ml Ctorn 0* i»/*oo U */800 H/H5* H/800 u wmc n/MM 17/0*00 a *oroo n/ots* ff/om 1 17/0700 17/1151 IT/MM 4 17/1200 IT/MM 17/1700 MX Mm an M4M M MOM
        1,448 words
      • Article
        GLOBAL HOLIDAYS
        205 41 Mar 17 United Kingdom: St Patrick's Day. Mat 30 Japan: Vernal Equinox Day. Mar 21 Mexico: Juarez Day. Mar 28 Greece: Independent Day. AprO Hong Kong: Chins Ming Festival. Apr 7 Brunei: Harl Raya Haji. Malaysia: Hart Raya HaJi. Apr 0 Denmark: Maundy Thursday. Mexico: Maundy Thursday. Apr
        205 words
      • Article
        COCKETT BUNKER MARKET REPORT
        809 41 THIS report compiled by Cockett Marine Oil Ltd. show* price range* In US dollar* Instead of tingle price* for a more comprehensive description of the market. Price* shown are based on average sited stem. Market movement* are Indicated The Cockett Bunker Price ln<tex change and the
        809 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        367 41 Crton MO Mn WJ-5 2.0 BJ 0.31 72 0.09 M rwesttv w«t*f |mMm ami jumMm Sedlwwrt No *6ov« E2S 5 2 1222JL- 300 Aw M4.6 0.4 VU 0.04 26 0.02 to* 300 Mu "2.3 10 19.9 0.M M 0.04 Wri %M/M »M/M »w Wo Mow 635
        367 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Qantas escapes brunt of regional economic crisis
        556 42  -  Aussie carrier had rationalised services even before crisis started Felix Chan [SINGAPORE] With its rationalisation of services as far back as a year before the Asian crisis began, Qantas had been spared the brunt of the regional econnomic turbulence which had blindsided more
        556 words
      • Article
        DHL sets up US$21.5m IT centre in Malaysia
        171 42 [SINGAPORE] DHL Worldwide Express has invested US$2l.5 million (5534.8 million) in a new Information Technology (IT) centre for the Asia-Pacific and the Middle East. The IT centre, located in Malaysia's Multimedia Super Corridor (MSC), officially opened last month and will serve as
        171 words
      • Article, Illustration
        Lock icon BA in talks with National Express to bid for Eurostar service
        681 42 Bloomberg [LONDON] British Airways pic said it is in talks with National Express pic, a UK bus and train operator, about a joint bid to run the Eurostar high-speed rail service linking London with Paris and Brussels. lain Burns,
        Bloomberg; FILE PHOTO  -  681 words
      • Article, Illustration
        Lock icon Vietnam Airlines told to restructure
        363 42 Losses have been mounting and passengers declining Reuters (HANOI] Vietnam Airlines has been ordered by the government to cut loss-making routes and rationalise operations in the face of mounting losses and declining numbers of passengers, an airline spokesman said yesterday. The order came in a
        Reuters; FILE PHOTO  -  363 words
      • Article
        Lock icon Saeaga Airlines halts services, scraps jet order
        91 42 Bloomberg [KUALA LUMPUR] Malaysia's Ekran Bhd said it has suspended flight operations at its Saeaga Airlines Sdn unit and cancelled an order for five planes from Airbus Industrie. Ekran said it halted operations at Saeaga Airlines from March 1 because of the slowing
        Bloomberg  -  91 words
      • Article
        Lock icon Bombardier, Taiwan firm to make medium-sized plane
        140 42 AFP [TAIPEIJ Taiwan's sole aircraft maker and Canada's Bombardier Inc are to form a Joint venture to make medi-um-sized passenger aircraft, It was reported here. Aero Industry Development Corp (AIDC) is to play a significant role in Bombardier's new middle-sized business Jet (NMBJ),
        AFP  -  140 words
      • LOG Book
        • Article
          Lock icon Swissair extends no-smoking policy
          88 42 Reuters [ZURICH] Swiss national carrier Swissair said it was extending its no-smoking policy to its entire route network from June 1. The move extends a smoking ban already in force on European and North Atlantic flights. Swissair, the flagship unit of SAir Group AG, said the
          Reuters  -  88 words
        • Article
          Lock icon Traffic rises 7.5% at Shanghai airport
          78 42 AFP [SHANGHAI] Shanghai's Hongqlao international airport served 13.27 million passengers last year, making it China's second busiest airport, Xinhua news agency reported. The report said passenger traffic roee 7.5 percent over 1996. Hongqlao airport ranks second after Beijing's Capital Airport, which handled 16.9 million
          AFP  -  78 words
        • Article
          Lock icon Air Philippines to raise capital
          91 42 AFX-Asia [MANILA] Air Philippines International Corp will increase its authorised capital to 3.5 billion pesos (*****.1 million) from 2 billion pesos, documents it filed with the Securities and Exchange Commission said. The rise will allow the company to complete its shares swap arrangement with Air
          AFX-Asia  -  91 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1607 42 CITY FUOHT ETA FUCHT ETO MaMaM CMI5 00 UK VN740 am 2300 yifT43 1 MaM* um 1930 0A7302 2050 T0407 1540 TG400 IMS ora mo otm 2050 280 1115 MM 2220 MtCMMM VH741 1310 VN740 1410 AflMtartaai S0327 0010 OJ44 0125 jj 0 7 J** *****
        1,607 words
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      18 27 Shipowners seek causes of bulk carrier losses Intercargo says reasons for loss should be clearly established. Page 2
      18 words
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      Page 27 Advertisements Column 2
      423 27 Qantas escapes brant of regional economic crisis Aussie carrier had rationalised services before crisis started. Back Page People Emirates has appointed Gtem Baxter to its new post of cargo manager for Australia and New Zealand. Previously the airline was represented by a general sales agent. Mr Baxter joins the carrier
      423 words
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      744 28 inioOtf kmmchiwwwwico I vcsa vor qm I van iu I u m vnsn vor ju d«n oat mi coi w sm VtiIIHSAMTTA 01*500 I I 2S/OKVIAUO) 15/03 NTK WOO 051 00/01 00/01 00/03 13/03 10/03 13/03 14/13 BUPCR BWUTTLI KXPBKSt FtO NDUOYD DAMMAN 241 13/03 15/03 11/03 10/03 24/03 30/03
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      Page 28 Advertisements Column 2
      639 28 FOR GREAT WE'VE GOT VALUE IT COVERED < Al 1 fOf AMI rpu r IST N< <A (»MNt 7/% iSI i OH .44 f ut; > l f-OH ANf HiK i LIST N>W OJ-.M) 7H !M<iOH 4 J It>Th1 t >Th iiV BT l B T L ITS A SMAI
      639 words
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      1050 29 I SAX SERVICE (DIRECT) Ivcsa voy situ yq am mi hou ax mim ah ntc Aft JAM OOlt 11/03 26/03 31/03 31/03 01/04 01/04 01/04 01/04 02/04 02/04 m. GAKKT OOlt 18/03 02/04 07/04 07/04 00/04 01/04 01/04 00/04 ot/04 09/04 WanKQUOBt OlSt 25/03 11/04 14/04 14/04 15/04 15/04 15/04
      1,050 words
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      Page 29 Advertisements Column 2
      1793 29 HANJIN SHIPPING HANJIN SmmNG (S) PTI LTD tatp cm MOKMG 3?*O?3S 737 SAIR 32W724 731 DOCUMBIT 37*0771 774 OftUTKWB 37M741 757 MAIN UM *****55 FAX 777**0 aNO **********0N TO NW USA CANADA USA CANADA* HO VSI/VOT I lUI I a UNI HAU./VOT I st TTW 1 DB> I W I
      1,793 words
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      1413 30 MR-SENATOR LINES TO UK/CONTINgNT TO RED SEA/MEDtIKRRANEANCiANADA wt aw itM irm amr mm mv m vtssa wv wT" jh» an ih fm mc w» 1 kjuattu wars an um um mm mm «m cyphoomx warns an dm mm um iim mm mm POOOW SENATOM WWII KB II.M lI.M IS.M 14
      1,413 words
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      Page 30 Advertisements Column 2
      1164 30 MY AJNC MMG YML S*** //www.yml.com.tw a. mrm fuced MY-tuesoay «SSCL VOY L£H FXT HAM AMR HFA MING GALAXY ABO4E SLD SLD SLO SLO SLO 17/03 GIBRALTAR B ABOSE SLO SLD SLO SLD SLO 24/03 MING GLORY ABO6E SLO SLD SLO SLD 17/03 31/03 MING MOON ABO 7 SLD SLD
      1,164 words
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      Page 30 Advertisements Column 3
      485 30 LINE ST Till 1I834S« FAXi IBUIII I MUARA 1 LABUAN 1 VlSSfl VOT ETD IU VKSfI VOT CTD fTA SMM MUAIA sraU UN tfMOOCY VO7I/M 11/03 21/03 *«tGU*T VO7l/M 11/03 22/03 j. rtosret vok/m 22/03 2S/03 inovß vok/m 22/03 24/03 *mGlOffT VOK/M 27/0) 30/03 MWCUMT VOK/M 27/03 31/03 iraosrai vok/m
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      1417 31 VE3BB. VOV MM BKK PQU PKQ PEN BLW BUW MA HC IRAN SHOJAAT PJL-1271 18/03 20/03 IRAN TEYFOURI PJL-1273 21/03 30/03 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
      1,417 words
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      Page 31 Advertisements Column 2
      1849 31 IVIRY MONDAY 1 DIRECT 10 JAPAN I KOtI 7 MVS I NA6OYA MVS I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TIL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD #17-08 DBS UDG SAIfS/IKGS *****41/43 INWARD DEFT (0/0) *****85 COSTAR AGENCIES (M) SDN BHD CINQ: **********0*0
      1,849 words
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      Page 31 Advertisements Column 3
      579 31 EASTERN CAR LINER, LTD.'^WT V 1 Ea (SINGAPORE) PTI LTD SSmStt SPECIALIZE IN jjfijo I HEAVY UFT UPTO 122 TONSj Ett (SWSAFOK) ffl HD LOADING FOR YANGON/CHITTAGONG CALCUTTA MV "AMRTA VII" V.3 MV "RYO KIM" V.I ETA SIN 1 9/03/98 29/03/98 YGN 24/03/98 ETA SIM 19/03/98 ETA CAL 26/03/98 PORT
      579 words
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      1406 32 EUROPtAJK/SCAHOIHAWTIHUUtD/BUSSIA SGP RDM ANW HBG THP ZEE IHV IMV THP ROM ANW MSG PKI SGP VIUE DE ORION Y24W 24/03 16/04 13/04 15/04 10/04 12AM E GLOWING RE-043 20/02 19/02 21/02 22/02 10/03 E. RACER RW-021 20*3 17/04 22AM 10/04 20/04 21/04 22AM E GAINING RE-062 23/03 2V02 24/02 20/02
      1,406 words
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      Page 32 Advertisements Column 2
      888 32 -K-/V- J cm NOi 1»0«7e0e00E S»U: (064) *****6 MANILA: (632)*****24 V W PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELAWQ: (03) *****77 JKT (21) *****07 MOW: (61) *****3 KUCHINQ (062) *****1-3 MANILA GIMP A/IE HARvi MV "ANRO TEMASEK" V.030 MV "MSC HOUSTON" V.9810-3 ETA SIN: 20-3-98 ETA
      888 words
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      Page 32 Advertisements Column 3
      397 32 /£ZI NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel voT sw I PUI I DW I err I r/iaT ■jjWQjjM 026S 20/03 21/03 01/03 05/04 07/04 mffti DtAGON OOSS 29/03 07/04 11/04 15/04 mnAifßNa 021s 05/04 ii/m 21/04 mmiVBIUS 0265 14/04 23/04 27/04 01/05 04/05 60UXN DtAGON 0045
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      544 33 MB MYANMA wBBk FIVE STAR LINE (Myoamor National Um) Loading for Yang on (Rangoon) vissa vor sin m m mi AVA 14«W SIO PAO*N 254W 11/03 MALAYSIA AOiNTV KHrtTUO SHIPPING AQfNCKS KUL m 02-03-*****00 PKL: TU 02-03-*****01 PIN: Til 02-04-2****** POO; TH 02-07-*****21/4 BANK LINE (A Mrvtc* Andriw W»lr Skipping)
      544 words
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      Page 33 Advertisements Column 2
      1086 33 A HYUNDAI MERCHANT MARINE CO. LIP. [VB» m J .jgyi iffl-L m aht ham my fe ivissa voT|sou|UHlim|*w|HAw|wv|wigg wans 304W 14/03 04/04 11/0400/04 04/04 MAAS 30* 27/02 20/02 22/02 24/02 2V« 2VW TT^3 MOSa 304W 20/03 10/04 11/04 05/04 07/04 07/04 07/04 USM 1031 23/02 20/02 25/02 24/02 14/03 NaAOAn
      1,086 words
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      Page 33 Advertisements Column 3
      847 33 nonjjgion ipecoteed outocornrt WfMmi« £lM s™ Qj©§(ll(£ TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" I VKS| I VOY RAMP HEIGHT SIN lAX |dl i MIA SAV BAI ORF NTC I NfW MOB I Itourgoing f!0« 400 Tms Om 20/03 11/04 Wfi H7ST T475T "J575T 5775T U7ST IJ7ST W*T TAPIOU
      847 words
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      919 34 AHOKOK/LABM CHAIANQ JAKARTA/PANJANQ VESSEL VQY SIN BKK LCH VESSEL VOY I SIN JKT PJN RATMA BHUM" 06N In Pt 20/03 DEJA BHUM 739S In Pt 20/03 18/03 NANTA BHUM 386N In Pt 21/03 20/03 MATHII BHUM 300 SB 19/03 21/03 SRISAMUT SRS373 18/03 21/03 MATHU BHUM 380S 18/03 21/03 XETHA
      919 words
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      Page 34 Advertisements Column 2
      411 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL *****68 FAX: *****64 TLX: R*****6 SINMER Ml CR No: **********0W Receiving Cargo at PTI Blntulu I Muin j vtssti vgr sim ry vqt «S «y* I S«ia V9806E 30-31/03 OS/M "JWt V9904E lf-H/03 J4/03 IStno VWO7E IM2/M 17/04 M
      411 words
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      Page 34 Advertisements Column 3
      549 34 1 ACCORD A SHIPPING PTE LTD TEL ***** IS (40 Line*) FAX *****30 POfTfUMG (03) U7 1001 KK mL DIRECT ACCESS HL *****55 (KXPOET SOOK1NO) MMMM 107) SSI 1177 *****34 (EXPORT DOC), *****39 (IMPORT) HhAMC (04) W 144$ URUMTTPs//WWW.ACCORD.COM.SO MKAiU (11) HO 0770 H)«T m SIN POKT IM $IM EOIT
      549 words
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      362 35 INDONESIA NATIONAL LINE TO EUROPE "1 IXimgSSSgMI-CONTAIWEBttgDSgRVICB m VOT S'POHI I A OAM/W QAM M iUHQ IHEMCM ANTWtWP A VESSEL 43W1 27/4 1/» OMIT 5/5 TO AUSTRALIA FULL CONTAINER SERVICE v* vot wSPBT m m ~tn wa w* m. m MUfDEUMA VOIS 12W1448 ZUJ3 CTiOj' JQG3 «M 4 OM4 WIUUI
      362 words
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      Page 35 Advertisements Column 2
      1106 35 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Cecil Street, *12-00. PIL Building, Singapore *****0 I TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60/ *****05 BAWGKOK JAKARTA IWMtdy 5 Slfl* PAT/ 2 Slgt LOVI Slg BMT) >) "vissa Tvoy sm bkk vissa voy «n jw
      1,106 words
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      Page 35 Advertisements Column 3
      972 35 VESSELS VQY T"STT JED MLA LEU HAM TWP WTM ZEE VILLEOEOCMHA H2«tt 18AH 27AX3 01 AX QMM QSAM 10AM 1004 11/04 vmso-owoN Y24w aero pi a* osam 12AM isam WM ham iwk VKXEOE TANYA T2WW 01 AH 10AM IBAM 2MM 21/0* aw 23AM MW \ALt£ 06 MM4QSA V2MW 07 AM
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      40 38 To retrieve more schedules, just follow these simple steps... document be faxed your StStep key in the four number /jr digit code Key in your Example: i fax number To NEW YORK (NYC) 2275 United States for calls within Singapore
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      126 41 LEGEND: R Thunderstorm Temperature c X\ V Shower Weather Wind direction with speed in knots ee Ram Cloudy Sky Wov Surface winds ore indicated by arrows which Hy with the wind One full circle represents cotm or light and variable winds i One half Heche represents 5 knots I—»• One
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