The Business Times, 18 March 1998

Microfilm: NL21174
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, MARCH 18,1998
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  • Article
    MARKET SUMMARY
    53 1 □m \JULH (+16.47) Qfts!tt(+lo.s3) nisSK+io.4») V- li n IT SKI LflBKI7(-3.03) ,-v rjMAMETMOOD: u ■hffii STOCK MA1KET INDICES KLSEakP !tj!5l +i5? NIKKEI 20.663.83...+10.JQ BAM SENG M01J6....+10.66 SET INDEX. 1.589.86.... 13.22 JAKAKCAOOMP 51M0. ...+17» CLSACHINAB 1,158.3813.62 MAMA Wr.«0 +U TAIPEI U88J8—.-11B SEOUL COUP IWIM +1J AUSTALLORD-- tlf7.H +U LtfpaEST
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  • Article
    FINANCE
    69 1 EXCHANGE BATES* OSS St USS lJtt i im_ im DM Mil %m YEN Ml 1.7*4 1JM HI MM 9.433 BAHT TZ. MBZZZjIj «7 RUPIAH Ml Mil ami? Interbank Rate* ROB 1MB SINGAPORE* 7.81 KUALA LUMPUR 13.08 JAKARTA 22.90 BANGKOK 1U0 MANILA 2710 HONOBOHO WM TO**)-—I. too SBOUL 11.11 anca
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  • Article
    S'pore condos now below '94 launch prices
    807 1  -  Brisk sales of cheaply-priced Villa Verde show support level reached By Diana Oon [SINGAPORE] Resale prices of some homes in areas like Tanjong Rhu, River Valley, Hillview and Upper Bukit Timah have fallen below their original launch prices about four years ago. But
    807 words
  • Article, Illustration
    Lock icon Temasek Hldgs places out 80m SingTel shares
    245 1 [SINGAPORE] Taking advantage of the good run that Singapore Telecom (Sing Tel) has been enjoying on the stockmarket, government investment arm Temasek Holdings yesterday placed out 80 million of its Sing Tel shares at $3.09 apiece. The placement was part of a three-year
    Source: Bloomberg  -  245 words
  • Article
    7% more COEs in new quota year; Open category gets most
    421 1  -  Farther increase to be reviewed after ERF implementation Byy Christopher Tan [SINGAPORE] There will be nearly 7 per cent more COEs in the coming quota year, with most of the increase going to the Open category, which can be
    421 words
  • Article
    Hostile move ruled out as HK tycoon takes 10% of Sino Land
    793 1  -  Market positive to purchase by Nan Fung boss From< Quak Hiang Whai in Hongkong HONGKONG tycoon Chen Din-hwa, once dubbed Mr Covered Warrants by the media, has taken a 10.16 per cent stake in Ng Teng Fong's listed
    793 words
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      96 1 DRRDE tewfchgiMfcf A review of correlation coefficients imrmg the currencies offers a fresh perspective on the subject, I*» ST OnfHtw fnpfltfi ST Computer Systems and Services Ltd yesterday reported a doubling In net profit for 1907 to mill inn and proposed a l-for-2 bonus issue* ffr It ISLbkUa Hongkong prosecutors
      96 words
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      9 1 Vehicle tax put to good use: Mah, Pg 2
      9 words
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      436 1 ÜBA mmj cut deposit for high-value sale sites, Pg 2 HfTJI HEWLETT* m A Glance at the Future Fastßes'Profies 1200 32-bit Jet Direct EIO architecture Instanton Fuser UttraPreose toner cartridge Web based installer and printer management softwares The future of printing. Once again, the leader in printer innovation introduces breakthrough
      436 words
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      55 1 ARTHURLEE Friends meet again [SINGAPORE] With the fountain at the Glass Hall in the Singapore Art Museum playing in the background, Prime Minister Goh Chok Tong entertains Sultan Hassanal Bolkiah of Brunei shortly before dinner last evening. The sultan's visit is believed to be connected to the regional crisis and
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Calls to defer hike in foreign worker levy turned down
      286 2  -  YESTERDAY IN PARLIAMENT By. Audrey Tan MINISTER of Manpower Lee Boon Yang yesterday turned down caUs to defer raising the foreign worker levy for unskilled construction workers and domestic maids. MPs had asked for the concession to help businesses and
      286 words
    • ROUND Up
      • Article
        Further taxi deregulation 'if necessary'
        75 2 WITH the decision to deregulate taxi fares fully, two MPs voiced concerns that operators could form a cartel. Communications Minister Mah Bow Tan said the authorities would continue to monitor fares and watch if operators were going "to exploit the customer". "If necessary, we will
        75 words
      • Article
        ERP after 5 years...
        135 2 THE first five years of electronic road pricing would be revenue-neutral, as the rebates and cuts in road taxes would amount to about $I.2billic foregone revenue over the period, Mr Mah said. Bu at happens after five years, MP Low Thia Khiang Mr Mah replied that
        135 words
      • Article
        Why a smarteard system for ERP pays
        85 2 THE Land Transport Authority decided Qn a smart card-based system of payment for the ERP because it did not require a costly central accounting facility, said Mr Mah. Further, such a system—while allowing other forms of payment like Nets and credit cards would
        85 words
      • Article
        Why PARF benefits limited to 10 yrs
        87 2 MR Mah said that while it was possible to consider extending the PARF benefit beyond 10 years, it would increase the population of old vehicles here. He pointed out that one in four vehicles here are already older than 10 years. While there
        87 words
      • Article
        10% reduction in ARF sufficient: Mah
        87 2 NOMINATED MP Gerard Ee suggested that ARF (additional registration fee) could be reduced gradually, say by 25 per cent a year. Minister Mah's response was that reducing ARF would inversely raise COE premiums, and subsequently prevailing quota premiums. The latter will hit those who
        87 words
    • Article
      URA may cut 10% deposit for high-value sale sites
      539 2  -  Bat reserve prices for these sites will not be disclosed, says Hng Kiang By, Abdul Hadhi THE Urban Redevelopment Authority (URA) may reduce the 10 per cent deposit for high-value government land sites. But the government will not disclose reserve prices
      539 words
    • Article
      Vehicle tax put to good use: Mah
      471 2  -  A charge is best way to allocate a scarce resource like road By Christopher Tan YES, the vehicle tax system is a revenue-generating scheme, and fully justifiably so, Communications Minister Mah Bow Tan told Parliament yesterday. "I'm not ashamed to say it's a
      471 words
    • Article, Illustration
      Lock icon $40m research facility to open in '99
      369 2  -  By Raju Chellam SINGAPORE'S most advanced facility for research and industrial applications will open early next year, catering to the wafer fab, pharmaceuticals, chemicals and biotechnology industries here and in the region. Work on the $40 million facility has begun at the National
      CHRIS LOH  -  369 words
    • Article
      Sony to make advanced TV tubes here
      401 2  -  By] Kenneth James SINGAPORE-based Sony Display Device (SDS) will be the first plant outside Japan to manufacture Sony Corp's most advanced television picture tubes, one of several moves by the electronics powerhouse to strengthen its Asian operations and counter a slowdown in its
      401 words
    • Article, Illustration
      Lock icon Overtime hours flat in December
      328 2  -  EYE ON THE ECONOMY Labour By< Carol Eng THE average Singapore worker's weekly overtime inched up by 0.1 hour or 6 minutes to 4.6 hours last year, with almost all sectors recording marginal increases. Weekly overtime hours worked in December 1997 however remained the same
      Source:  -  328 words
    • Article
      PM Goh, SM Lee hold talks with Brunei Sultan
      541 2  -  Saltan's visit believed to be linked to regional crisis &y Yang Razali Kassim PRIME Minister Goh Chok Tong and Senior Minister Lee Kuan Yew held talks with the visiting Sultan Hassanal Bolkiah of Brunei yesterday, believed to have revolved around regional
      541 words
    • Article
      IMF praises S'pore govt policies; suggests tax cuts
      324 2  -  By< Chuang Peck Ming THE International Monetary Fund has commended the government for handling its economic policies with success in the past year despite a slowdown in the industry, a downturn in equity and property markets and the Asian currency crisis. But
      324 words
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      366 3 George Bass has archaeology. years more than the a Bronze Age years The oldest the -46m the surface Bass restricts himself and his divers to a maximum of twenty minutes working on the wreck. Accordingly, he times every dive he makes with a Rolex Submariner. ■HHHHHHHHHHHMSBBSHWHHHwMr.-j<«w- v", > 'V^^HSHIHHHi B^
      366 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon Albright concerned over Indon crisis
      250 4 Reuters [TOKYO] US Secretary of State Madeleine Albright telephoned Japanese Foreign Minister Keizo Obuchi yesterday and said she was "seriously concerned" about Indonesia's economic crisiis. Foreign Ministry spokesman Sadaaki Numata said Ms Albright urged Japan and the United States to maintain their close cooperat ion
      Reuters  -  250 words
    • Article, Illustration
      Lock icon Bankers oppose Manila plan to fix interest rates
      451 4  -  From Al Labita in Manila A GROUP of Filipino bankers and financiers yesterday opposed the central ba lik's plan to regulate interest irates, arguing that it would only lead to tight credit rationing. "Interest rates are basically market-determined and these should not
      AFP  -  451 words
    • Article, Illustration
      Lock icon Indon reforms will go on with or without the IMF, says minister
      532 4  -  Markets mated as first cabinet meeting fails to announce new initiatives From S N Vasuki in Jakarta INDONESIA will implement economic reforms "with or without" the IMF, Coordinating Minister for Economy Ginanjar Kartasasmita said yesterday after the first
      REUTERS  -  532 words
    • Article
      Lock icon Rupiah slides 2.5% to 10,200
      387 4 Market isolates Indon unit as other S-EA currencies rise Bloomberg [SINGAPORE] The rupiah fell 2.5 per cent while other South-east Asian currencies rose as concern that Indonesia is not committed to economic reforms isolated it from the rest of the region. The rupiah fell as
      Bloomberg  -  387 words
    • Article
      Lock icon No funds if Jakarta fails to implement reforms: Camdessus
      239 4 AFP, Bloomberg [WASHINGTON] The International Monetary Fund would stop a bailout package for Indonesia if Jakarta failed to implement economic reforms tied to it, IMF chief Michel Camdessus tells Time magazine. Asked what would happen if President Suharto did not implement
      AFP,; Bloomberg  -  239 words
    • Article
      Lock icon Anwar rules out probe into Bank Bumiputra losses
      339 4 He denies that the bank is in financial difficulties AFP [KUALA LUMPUR] Malaysian Finance Minister Anwar Ibrahim yesterday ruled out any probe into the country's second-largest bank and denied it was facing financial difficulties. Mr Anwar said the government will conduct investigations
      AFP  -  339 words
    • Article
      Korea opening up real estate market to foreigners
      730 4  -  Bat red tape and uncertainty likely to keep investors wary, say analysts By. Jennifer Veale in Seoul SOUTH Korea's new reformist government has set about dismantling the barriers which for decades locked out foreign investment. Even the sacrosanct property market has not
      730 words
    • Article
      Lock icon S Korea doubles trade surplus target for 1998 to US$20b
      299 4 It also wants to persuade IMF to cot interest rates AFP [SEOUL] South Korea has doubled its trade surplus target for 1998 to US$2O billion (Ss32 billion) and is seeking to persuade the International Monetary Fund (IMF) to lower crippling
      AFP  -  299 words
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon A look at the numbers
      286 5 Source: Deutsche Morgan Grentell Market changes during the previous week AS AT CLOSE OF CHANGE YEAR TO DATE 13/3/98 6/3/98 Absolute In term* High Low Hi'M. *W¥? U -0.006 -0.191 UMBfr L542S JFT 128.64 127.24 1.395 1.096 134.40 110.62 MB 1.6225 1.63% -0.017 -1.06? UXH
      Source: Deutsche Morgan Grentell  -  286 words
    • Article
      How about a 'crawling' currency board?
      412 5  -  ANALYSIS By: David Leith The author has an MBA in Finance and works in private equity in the US. He offered this comment via the Internet. THE to-ing and fro-ing on a currency board for Indonesia seems to revolve around two questions. First, what
      412 words
    • Article
      Weak mark makes £ look strong
      395 5  - Weak mark makes look strong From, Neil Behrmann in London STERLING is hanging on the coat-tails of a strong greenback. Yet it is not so much the inherent strength of these two, but more a general perception of weakness in Germany, Japan and Asia. The pound rose to more than
      395 words
    • Article
      Lock icon THE WEAK AHEAD
      350 5  -  Compiled by Larry Wee Sources: ABN Amro (ABN), Independent Economic Analysis Holdings (IDEA), JP Morgan (JPM), MMS International UNITED STATES Today: The Federal Reserve's "Beige Book" briefing for the upcoming March 31 meeting of the FOMC (which decides on US interest rates) will be released. Tomorrow: Core
      Sources: ABN Amro (ABN), Independent Economic Analysis Holdings (IDEA), JP Morgan (JPM), MMS International  -  350 words
    • Article, Illustration
      Lock icon Asian movements
      869 5  -  Rupiah and Korean won pull away from the rest, but in opposite directions By'. Larry Wee [SINGAPORE] THE correlation* profile of regional currencies over the past months has changed markedly. From the traditional high correlation with the US dollar-yen relationship, the regional currencies have clearly shifted towards being
      Compiled by BT  -  869 words
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      138 5 —V' K^B^lanning 1 the next I steps... With the right financial resources behind you At IFS, we help tomorrow's movers and shakers make the right moves today. Because we understand how Factoring can meet the needs of a business that's growing, through Credit Risk Protection and Assessment and ImmecKate Cash
      138 words
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  • SOUTH-EAST ASIA
    • Article
      Foreign investors hunt for bargains in Thailand
      614 6  -  Country has seen spate of MNC deals since USsl7b IMF bail-out package From Bruce Cheesman hi Bangkok FOREIGN investors' confidence in Thailand has returned, judging by the recent burst of deals involving multinationals since Bangkok agreed to a US$l7.2 billion (5527.6 billion) bail-out
      614 words
    • Article
      Lock icon Taiwan's CDC buys into Thai finance firm
      321 6 TAIPEI KMT linked firm also forming high-tech fond with RHB Reuters CHINA Development Corp, a major Taiwan venture capital firm linked to the ruling Kuomintang (KMT), announced yesterday it was buying control of Bangkok First Investment and Trust pic, a finance and securities
      Reuters  -  321 words
    • Article
      SembCorp in 1b baht Thai project
      310 6  -  It's setting up logistics centre in Thailand with Belgian partner From Harish Mehta in Bangkok SEMBAWANG Corporation and its Belgian partner is planning to invest about 1 billion baht (Ss4o million) to set up a logistics centre at an industrial estate in Thailand's eastern
      310 words
    • Article
      Nortel may cut staff if Asian crisis hits revenues
      196 6  -  W Teh Hooi Ling [SINGAPORE] Canadian telecom infrastructure supplier Northern Telecom may consider cutting its 4,000-strong workforce in Asia if its revenue is affected by the current financial turmoil. "We are keeping our head count in Asia level now. But if
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    • Article, Illustration
      Lock icon Muffled cries
      39 6 [JAKARTA] Family members of Indonesian migrant workers yesterday joining human rights activists in front of the building housing the Ministry of Manpower in Jakarta. They were protesting against the living conditions of their relatives working abroad. AFP
      AFP  -  39 words
    • Article
      Lock icon Experts estimate Indon fires may cost S-E Asia US$5-6b
      407 6 SINGAPORE Reuters INDONESIA'S forest fires could cost South-east Asia US$5-$6 billion (SsB-$lO billion), experts said yesterday. "The losses are enormous," said David Glover, director of the Economy and Environment Programme for South-east Asia (Eepsea). The bill would be equivalent to 2.5
      Reuters  -  407 words
    • Article, Illustration
      Making light of problems
      733 6  -  UiXfDW Indonesians seem to be drowning their sorrows In Jokes By Yang Razali Kassim IN Jakarta, one of the hottest shows in town is a comedy group called Srimulat. So popular is the group that it appears regularly on television and at private parties. The group
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      277 6 Bobit Publishing J|9|^MM«|w B Busings Council for International tuic An a MR Understanding BRING THI5 AD POK A I EMC Eh Broadcast Products SPECIAL REGISTRATION Korea Wireless Multimedia D ATP flC cCicn Communications (KMC) KAICW W3U k Latham Watkins y (includes lunch, W I Telecommunications Reports breaks, reception) i I
      277 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Resounding yes vote for Zhu Rongji as PM
      692 7  -  Vote also seen as endorsement of his tough economic reform programmes From. Lu Ning in Beijing ZHU Rongji, China's economic tsar known for his no-nonsense leadership style, yesterday won ringing endorsement as the fifth Premier of the People's Republic of China. By
      692 words
    • Article
      Lock icon HK withdraws charges against Wallace
      289 7 HONGKONG Senior counsel cites unforeseen difficulties AFP HONGKONG prosecutors yesterday withdrew charges of money laundering against a former Merrill Lynch banker at the centre of a multi-mil-lion-dollar fraud inquiry. Senior counsel Lynda Shine informed the Eastern Magistrates Court that the government sought to withdraw charges
      AFP  -  289 words
    • Article
      Bombardier of Canada signs pact with Taiwan govt
      325 7  -  From Laurence Eyton in Taipei CANADA-BASED Bombardier, an aircraft and transportation systems manufacturer, is poised to become a major foreign player in Taiwan's transportation sector, analysts said yesterday. This follows the signing of a strategic alliance letter of intent between Bombardier and
      325 words
    • Article
      3 charged with conspiracy to cheat HK Standard ad clients
      455 7  -  Execs allegedly inflated newspaper's circulation figures FVomi Quak Hiang Whai in Hongkong THREE senior executives of English-language daily Hongkong Standard, one of whom has left the paper, were yesterday charged by Hongkong's anti-graft body for allegedly conspiring with owner Aw
      455 words
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      101 7 Let's talk. For a long time now, BT (British Telecommunications pic) has realised that m> two businesses have T j. s? f j ro -v Precisely the same communications needs. Which is why we've developed one of the world's most advanced global networks, supported by local customer service, tailor made
      101 words
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  • ASIA
    • Article
      Lock icon Six of the top ten chaebols lost money last year
      242 8 SEOUL Bloomberg SIX out of South Korea's top 10 conglomerates lost money last year because of slumping sales, foreign exchange losses and high financing costs, the Korea Stock Exchange said. The disappointing earnings are likely to be mirrored by some
      Bloomberg  -  242 words
    • Article, Illustration
      Lock icon Japan's economy in very severe condition: official
      462 8 TOKYO GDP may show negative growth, warns economic planning chief AFP. Bloomberg JAPAN'S economy is now in a "very, very severe" condition, the economic planning chief admitted yesterday, signalling that recession was just around the corner. Koji Omi, director-general of the Economic Planning
      AFP.; Bloomberg  -  462 words
    • Article
      Lock icon Tokyo banks to get 1.4t yen injection
      227 8 TOKYO AFP JAPAN'S cabinet yesterday approved a plan to inject a total of 1.42 trillion yen (5517.6 billion) into 17 banks whose capital has crumbled under bad-loan write-offs, officials said. The amount adds to a separate batch of disbursements totalling 395.6 billion yen
      AFP  -  227 words
    • Article, Illustration
      Lock icon Incoming BOJ chief vows to steady financial system
      333 8 TOKYO Stabilising the yen will be a key task, says Hayami AFP, Bloomberg, Reuters JAPAN'S incoming central bank chief vowed yesterday to steady his country's rocky financial system and stabilise the yen. Masaru Hayami, a senior business leader who spent a large
      AFP,; Bloomberg,; Reuters  -  333 words
    • Article
      Lock icon Gates sees doubling of Microsoft's US$2.6b R&D
      333 8 MELBOURNE Long-term research priorities include artificial intelligence Reuters MICROSOFT Corp chairman Bill Gates yesterday predicted the software giant's huge research budget would double as the computer revolution gathered pace. Microsoft boasts one of the corporate world's biggest annual research and development budgets at
      Reuters  -  333 words
    • Article
      Lock icon BJP, partners begin talks on govt agenda
      295 8 NEWDELHI Meetings will also thrash ont cabinet appointments AFP INDIA'S Hindu nationalists began a round of toughtalking meetings with their patchwork coalition allies yesterday to thrash out the new government's policies and who would hold the key posts. Officials of the nationalist BJP
      AFP  -  295 words
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      120 8 v-.-fio frr.r MMH SHHHM i wmnmißi" JBW WOT K m >X rjjjf The leading Chinese newspaper in Singapore, Uanhe Zaobao offers a wide coverage of the business world coupled with an equally good spread of news on culture and arts. On a lighter vein, Lianhe Zaobao covers a wide extent
      120 words
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      105 8 WORLD WIPE I Since 197S our worldwide staff of over 275 multi-disciplined professionals I including lawyers, chartered accountants, chartered secretaries and I bankers have provided confidential and cost effective company formation I in all the major low tax areas including: I Full professional after sales service provided. For a FREE
      105 words
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      2533 9 [HI ii§ ig BS -£> M IP "till UNITED OVERSEAS BANK LIMITED AND ITS SUBSIDIARIES fill (INCORPORATED IN THE REPUBLIC OF SINGAPORE) RALANCE SHEETS AS AT 31 DECEMBER 1997 ThaGrouo Th. tat Thjorajj Th. to* Not*t iSi iwT I» IiST Now nm_ is»_ ww 15?1_ rooo s'ooo sooo $'000 roo
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  • THE WORLD
    • Article
      UK cuts corporate tax rate to 30%
      454 10  -  Budget aimed at boosting investment and lowering the jobless rate From'. Neil Behrmann m London BRITISH Chancellor of the Exchequer Gordon Brown yesterday unveiled a tax-cut-ting budget to promote investment and lower unemployment. The budget which saw a one-point cut in corporate tax
      454 words
    • Article
      Lock icon Turner gets quick payback after giving US$1b away
      317 10 ATLANTA Bloomberg TED TURNER can't give away a billion dollars fast enough. In September, the media entrepreneur donated US$l billion (SSI.6 billion) to United Nations causes alter realising that his net worth had increased by that amount. Now, six months later, he
      Bloomberg  -  317 words
    • Article
      Buffett's positive comments help drive Wall Street up
      583 15  -  Investors maintain positive ontlook ahead of Friday's triple-witching From. Andrew Marks in New York THE Dow Jones Industrial Average scaled the 8,700 mark on Monday, leading a broad-based market rebound from Friday's minor sell-off. Analysts attributed the rally which saw a 116-point
      583 words
    • Article, Illustration
      Lock icon Taking it light-ly
      55 15 [LONDON] A Northern Ireland peace slogan being projected on Monday night onto the side of the House of Commons in London. Two unidentified British supporters for peace in Northern Ireland projected the message from a van on the Thames' South Bank for about 10 minutes, and then
      AFP  -  55 words
    • Article
      Lock icon US growth may justify rate rise: Fed official
      284 15 MIDDLEBURY, Vermont Bloomberg THE US economy has "considerable forward momentum" in the first months of this year, which might justify an increase in borrowing costs if Asia's economic crisis does not slow growth, Federal Reserve governor Laurence Meyer said on Monday. The
      Bloomberg  -  284 words
    • Article
      Lock icon Former UK minister Aitken held in perjury probe
      174 15 LONDON Reuters DISGRACED former British cabinet minister Jonathan Aitken was arrested yesterday over aUegations of perjury dating from the collapse last year of a libel case. Media reports said Aitken offered himself for police questioning the day after his 17-year-old daughter, Victoria,
      Reuters  -  174 words
    • Article
      Lock icon US housing starts up 6% in Feb to hit 10-year high
      346 15 WASHINGTON Low mortgage rates spur demand; robust market seen in '98 Bloomberg US home builders broke ground at a rapid pace in February, sending housing starts to their highest level in more than a decade with low mortgage rates
      Bloomberg  -  346 words
    • Article
      Lock icon Democratic fund-raising case: Chung pleads guilty
      186 15 LOS ANGELES AFP DEMOCRATIC fund-raiser Johnny Chung pleaded guilty on Monday to charges of making illegal contributions through straw donors to the re-election campaign of President Bill Clinton. Chung also pleaded guilty to tax evasion, bank fraud and conspiracy to exceed federal limits on
      AFP  -  186 words
    • Article
      Lock icon Clinton to visit China in June
      304 15 BEIJING It will be the first US presidential visit since Tiananmen AFP US PRESIDENT Bill Clinton will pay a state visit to China in June, the Chinese foreign ministry said yesterday. It will be the first US Presidential visit to China since the 1989
      AFP  -  304 words
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      2300 10 111 l 111 l UNITED OVERSEAS BANK LIMITED AND ITS SUBSIDIARIES IVI I (•COWOMIIOOTHtMPUtOCOHmAWf) NOTES TO the rmWCIAI STATEMENTS -31 DECEMBER 1997 < b > ,h balance sheet data. the sssets and liebilitie* belonging to tha Ufa Fund* of the subsidiaries. UOB Ufa Assurance limited and PT UOB Life-Sun Assurance.
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      3560 11 111 l I (Hi SG2 BE? -E- 25. M SS iISS ili^ 111 l INDUSTRIAL COMMERCIAL BANK LIMITED AND ITS SUBSIDIARIES 111 l (INCORPORATED IN THE REPUBLIC OF SINGAPORE) BALANCE SHEETS AS AT 31 DECEMBER 1997 The Group The Bank The Group The Bank Note* 1997 1996 1997 1996 Notee
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      3285 12 H|| Irc "fli il Tb P6I =3 B# IB W& fill Nil CHUNG Vh lAW BANK UMIT€D AND ITS SUBSIDIARIES I (INCORPORATED IN THE REPUBLIC OF SINGAPORE) BALANCE SHEETS AS AT 31 DECEMBER 1997 The Group The Bank The Group The Bull Notes 1997 1996~ 1997 1996 Not* I—7 1996
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      2742 13 1111 is 86c 881 =1 3Et W Bid" ils£ tit Mil FAR EASTERN BANK LIMITED AND ITS SUBSIDIARIES II I I (INCORPORATED IN THE REPUBLIC OF SINGAPORE) BALANCE SHEETS AS AT 31 DECEMBER 1997 The Group The Bank The Group Tlw Bank Notes 1997 1996 1997 1996 Notes 1997 1996
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      3222 14 HII ;fc -E- =1 M M iliS (s m W fP H B W UNITED OVERSEAS FINANCE LIMITED AND ITS SUBSIDIARIES II I I (INCORPORATED IN THE REPUBLIC OF SINGAPORE) PAI ANCE SHEETS AS AT 31 DECEMBER 1997 I for 1997 The Group The Company Tno Group mo cwmwiy I
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      125 15 I SHELL HOUSE AT UE SQUARE THE INTELLIGENT CITY CONSIDER LOCATING YOUR OFFICE AMONG 1 OTHER PRESTIGIOUS TENANTS? Situated just outside the Restricted Zone Shuttle bus service from City Hall MRT Station Panoramic view, column free space From 2,000 sq ft to 20,000 sq ft per floor Available for immediate
      125 words
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      1351 15 111 l FINAWC6 UMfTEO AND ITS SUBSIDIARIES NOTES TO THE FINANCIAL STATEMENTS I (Cont'd from previous pogol I 21 Opei «i— ProMt Iconf d) I I IM7l** Qr "*'"l9>6 I—7** fa—ni^ I rooo rooo rtw rooo I Auditor*' remuneration payable to the auditors I I of Km Company 71 71
      1,351 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Blackout gives Kiwis a taste of Third World
      805 16  -  THE BOTTOMLDVE OPINION By Lee Yoke Har The writer is an Auckland-based journalist who contributes to BT NEW Zealanders are shocked and angered by the power failure in Auckland They had always assumed that this sort of thing only happens in Malaysia,
      805 words
    • Article
      IN OTHER WORDS
      120 16 The life expectancy isn't high enough for there to be a lot of cancer.' -Greg Phillips of the Omaha Indian tribe, which has begun making and selling cigarettes. 'At least he is wearing a suit and tie and not one of those horrible old Mao jackets.' -Ms
      120 words
    • Article
      Politics has not served India well
      644 16 EDITORIAL WITH the alarums and excursions of yet another election behind them, 960 million Indians must ask what democratic politics has done for them in the past, and what if anything, it promises to do in the future. Inevitably, too, some Indians are suggesting
      644 words
    • Article, Illustration
      Lock icon Go with the flow
      1111 16  -  With the right roles, global financial markets let us go where we want more quickly and safely By Lawrence Summers The writer is deputy secretary of the US Treasury FT THE Asian crisis has revived talk that a spectre is haunting the world's governments: that of
      FT; FILE PHOTO  -  1,111 words
    • Article
      WHAT THE OTHERS SAY
      904 16 Death of Ideology tat China WHILE monitoring village elections in north-east-ern China with a US observer team, I wandered through the hamlet of Heng Dao, dropping in on a farmer-turned-me-chanic who had geese and pigs in the yard but a stereo and colour television in his
      904 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      80 16 POOMESBURT By Garry Trudeau UJELL, BRENNEK AS YOU CAN IT WAS A MAILBOX. OF COURSE, Hi SOHOHJV YOUlk IMAGINE LUfTN A GENIUS URE SO EARL LOOKEP IN THE PHONE W HELL &/ERY- V p$D &VB-■ TRACK ME f 11 °Z£2Z]!f I nAREST% ftIKVD 1 POUtN, PUKSf J PEAL. I HAP
      80 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      244 17 Where to wine, dine and entertain... kttp://www. ana-kotels. com Not ju>t *eafood either. Visit our home page ami you can order tonight's dinner from our cyber (election. Browse through the menu, leave ui your order and it'll 1m ready to picit up before you can My 'information superhighway'. We call
      244 words
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      Page 17 Advertisements Column 2
      152 17 KIN TAM ANI HNDONESIAN RESTAURANTAVAILABLE FOR THE IST TIME 9 MARCH TO 31 MARCH SEABASS, STINGRAY. SQUID A CHICKEN MULED TO PERFECTION USING EXOTIC SAUCES WITH JUST THE RIGHT HEAT. SERVED SIZZLING HOT FROM THE GRILL. So for a BBQ culinary experience, visit us at Kintamani Indonesian Restaurant. Level 3.
      152 words
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      Page 17 Advertisements Column 3
      152 17 Enjoy Western dishes and Asian Vienna Open from 6am to lam, its popular buffets for lunch, high tea and dinner are among the best— s© CROWNE PLAZA' SINGAPORE Ftram if tht Reyoi He/tJey Iwm Cm*m PUts F9r mmmttms, pirns* csll 731-7932 2) Smtu *W. Smpf.r *****0 Td: <6i) 7J7 7966
      152 words
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      Page 17 Advertisements Column 4
      196 17 Buy It. Sell It. Find It. Classified. fS? CAT.S. Cull Today For Results Tomorrow. 1800-737-1166 'TURJBOT' YOUR WAY TO RAPHAEL Turbot the Ultimate Premier Fish As a Unique Appetiser Roasted with modified Sea Urchin Sauce or Poached with Lemon Grass Sauce As a Sensational Main Course Pan-fried with Horse Radish
      196 words
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      Page 17 Advertisements Column 5
      128 17 f T wmwuwr < re. j Delight in a meal for four and enjoy 125% savings j j on your next meal for two i CallB3l-6271far reservations ->. 333 Orchard, Road. Singapore *****7. Td: 737 4411 TWf Hwrck vj«« H*lo CUihCJC tolwUKWl, CUef Y* Wj Pi* S«y *»W* vJhifen*elo* ♦•rjmjf
      128 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      725 17 TVVRADIO n MMlji alt 11-1® Business Day. 4.00 Talak Tiga (Last ep). 1 IL3O 3rd Rock From The 100 Kalau Daour Tak Bera--130 PM TV Innovations. sap 111 4.00 Kidz Blitz: Festival of noo MN Mad About You. ISOSegar. Classics. ix3o AMNYPDBIue. 0.30 Kaadhal Pagadai. n f d UL, L2O
      725 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      255 17 CRYPTIC CROSSWORD ACROSS 1 jo p| I 9 French fare for a politician in Hi lH Connecticut (9) JlH—JIH__ 10 Dress for a party with naval I I I 10 personnel the vicar (8) Where the worker looks for |HH| Hf transportation cost? (6) 18 Maybe salt-and-water mixture _JHI is
      255 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Digging at work and the workplace
      1303 18  -  TV sitcoms are reacting to the vast changes in corporate America. DAvn> zurawik looks at past sitcoms and some to come DAVID ZURAWIK LAT-WP THE new ABC mid-season sitcom, Two Guys, a Girl and a Pizza Place, opened last week with one of the
      LAT-WP; FILE PHOTOS; FILE PHOTO  -  1,303 words
    • Article, Illustration
      Lock icon Independent but hardly alone now
      857 18 MOVIES Withstndiosinfor the money, budget films get more costly, more dependent LATWP [LOS ANGELES] 1996 was the year of the independent film. It was a year when a complex epic with a near-unknown cast The English Patient swept the Oscars. A year when a quirky
      LATWP; FILE PHOTO  -  857 words
    • Article
      Austin Hills is No 5 on Johor's Top 10
      300 18  -  GOLF Rankings published in BT on Feb 24 had computing error that dropped dub off the list By\ Nicklaus D'Cruz Nicklaus D 'Cruz is the editor of the Asian Golf Review RANKING golf courses is always a contentious issue, especially when
      300 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      141 18 THE WEATMKtt Singapore: Fair. Tempera ture<33-26) WPmOc <HVU* Dead. Europe Hi/Lo* CM Huaarfciu HVLo* CouL AocklMd- 11/IC Cloudy Aaakrdaa oftD6 Shown* */us—v Buo<* WO Sway Ate* 12*1 Cloudy Bam K/4 Showm B«»ta 07/01 Cloudy Biwbay Jl/17 Sunrn Boa Ofrl Cloudy N o Bnina ,J4» Hay Copateipen 04/-1 Cloudy LwAaffiea O/li
      141 words
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  • COMPANIES & MARKETS
    • Article
      Keep eye on exposure of S'pore banks, says IMF
      568 19  -  Report sees risk of increase in provisions for classified loans By I Siow Li Sen [SINGAPORE! Whiie Singapore banks are well-capital-ised, their flnancial position "would probably deteriorate in the near future" as provisions for classified loans increase, the International Monetary Fund
      568 words
    • Article
      Small investors get 53% of Hersing IPO
      162 19 [SINGAPORE] Small investors were allotted more than half of Hersing Realty's 3 million public offer shares. Investors who had subscribed for 1,000-9,000 shares received 52.9 per cent of the shares available for public subscription. Balloting was held yesterday. Hersing's public tranche was 16.7
      162 words
    • Article
      Rotary Engg earnings up 12%
      203 19 [SINGAPORE] Rotary Engineering has reported a 12 per cent rise in earnings to $6.2 million, although turnover for the main board-listed company fell 6 per cent to $113.6 million. The profit growth for the year ended Dec 31, 1997, was due to an overall increase
      203 words
    • Article
      Wee Poh interim cut by half to $1.2m
      144 19 (SINGAPORE] Construction group Wee Poh Holdings' interim earnings have been slashed by half to $1.22 million as a result of lower turnover, foreign exchange losses and provision for doubtful receivables. Turnover for the six months ended Dec 31 fell 24 per cent
      144 words
    • Article
      CCL's earnings set to soar once it clears slippery patch
      678 19  -  HOCK LOCK SIEW Christopher Tan NEWS last week that Cycle Carriage Ltd (CCL) posted its first drop in earnings in more than a decade may appear like a disaster. The fact that it was a sizeable 21 per cent contraction
      678 words
    • Article
      ST Computer profit doubles; bonus planned
      427 19  -  Group expects 25% compounded annual growth for next 5 yrs By Jennifer Lien [SINGAPORE] ST Computer Systems and Services Ltd yesterday reported a doubling in net profit for 1997 to $13.8 million and proposed a l-for-2 bonus issue. The profit hike was higher than
      427 words
    • Article, Illustration
      Lock icon DBS Land leads surge in properly stocks with 7% rise
      332 19 Bloomberg (SINGAPORE] DBS Land Ltd led a surge in property stocks yesterday rising 17 cents or 7 per cent amid expectations that the company's 1996 earnings will increase after falling last year. The counter closed at $2.54. The real estate
      Bloomberg; Source: Bloomberg  -  332 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Asset sales seen helping Jardine Matheson to post profit growth
        518 20 Analysts expect 1997 net earnings to be flat without the exceptional Reuters [HONGKONGJ Jardine Matheson Holdings Ltd survived a rough ride in 1997 but only gains from asset sales will enable it to show earnings growth in 1997, analysts said.
        Reuters  -  518 words
      • Article, Illustration
        Lock icon Steep rupiah fall takes a heavy toll on Telkom
        592 20  -  Net earnings fall 23%; forex loss of 722 billion mpiah From I S N Vasuki in Jakarta PT TELKOM, Indonesia's state-owned telecom company, yesterday reported a 23 per cent fall in net earnings to 1.15 trillion rupiah (*****.5 million) for the
        Source: Bloomberg  -  592 words
      • Article, Illustration
        Lock icon Wharf given new 10-year franchise to run Star Ferry
        306 20 Bloomberg [HONGKONG] The Hongkong government has awarded Wharf (Holdings) Ltd a new 10-year franchise to operate the Star Ferry, the quaint symbol of Hongkong that has plied Victoria Harbour for most of this century. While the Star Ferry Co Ltd is
        Bloomberg; FILE PHOTO  -  306 words
      • Article
        Lock icon Hang Seng Bank's CEO quits to join Stanchart
        304 20 Bloomberg [HONGKONG] Alexander Au Siu-kee, chief executive of Hang Seng Bank Ltd, the second largest listed bank in Hongkong, has resigned to join rival Standard Chartered pic. Mr Au, who has led the HSBC Holdings unit since 1993, will become an executive
        Bloomberg  -  304 words
      • Article
        MBf card unit seeks Taiwan investors to boost capital base
        410 20  -  MBf Card Taiwan says it is facing funding difficulties From Laurence Eyton in Taipei MALAYSIA'S MBf Finance Group is canvassing local investors to bolster the capital base of its credit card issuing arm here, MBf Card Taiwan Ltd no thanks
        410 words
      • Article
        Lock icon San Miguel not raising beer price farther
        139 20 Bloomberg [MANILA] San Miguel Corp, the Philippines' largest food and drinks company, is not raising beer prices this year because unseasonably hot and dry weather boosted sales beyond expectations. The company said sales volumes grew a surprising 7 per cent to 8 per
        Bloomberg  -  139 words
      • Article
        Lock icon Brierley quashes talk he's eyeing Camerlin's BIL stake
        371 20 Rumour was that he was teaming np with Kerry Packer to buy 20% stake Reuters [WELLINGTON] Ron Brierley yesterday scotched speculation that his investment company GPG was seeking to buy a 20 per cent stake in Brierley Investments Limited (BIL) from Asian
        Reuters  -  371 words
      • COMPANY Briefs
        • Article
          Hotung posts NT$750m net earnings
          40 20 [SINGAPORE] Hotung Investment Holdings yesterday posted net earnings of NT1750.3 million (Ss37 million) on the back of revenue of NTJBO4 million for the 10 months ended Dec 31.1997. Hotung was listed in August last year.
          40 words
        • Article
          Lock icon Sime Darby resumes trading today
          47 20 Bloomberg [KUALA LUMPUR] The Sime Darby stock will resume trading today, said the Kuala Lumpur Stock Exchange yesterday. Trading was suspended on March 4 when the company said its unit, Sime Bank, made an interim loss of RMI.B billion (*****.6 million). Bloomberg
          Bloomberg  -  47 words
        • Article
          Lock icon Binariang's options to fund growth
          74 20 Reuters [KUALA LUMPUR] Telephone company Binariang is considering several funding alternatives to fUnd growth, including the roping in of a new foreign partner, a relaunch of an abandoned public equity offering, and the raising of additional funds from existing shareholders. Binariang chief operating officer Jamaludin
          Reuters  -  74 words
        • Article
          CCL completes revamp of CSM
          66 20 [SINGAPORE] Cycle Carriage (CCL) has completed the restructuring of Cold Storage (Malaysia) (CSM). CCL said yesterday that as part of the exercise, it bought 30 per cent of Selangor Ice Company Sdn Bhd and 30 per cent of Guardian SEA from CSM Also, Cycle Carriage
          66 words
        • Article
          Harimau Invetments' NTA falls
          30 20 [SINGAPORE] Harimau Investments yesterday reported anet tangible asset backing per share of $1.91 for the year ended Dec 31,1997, down from $2.06 in the previous year.
          30 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon JAL president, chairman quit amid losses of 150b yen
        449 21 Airline plans to cut I,soojobs and may sell hotels in US and S-EA Bloomberg [TOKYO] Japan Airlines Co president Akira Kondo and chairman Susumu Yamaji said they will step down to take responsibility for accumulated losses of 150 billion yen (Ssl.9
        Bloomberg  -  449 words
      • Article
        Lock icon Hitachi plans to phase out DRAM output in Japan
        291 21 The shift follows growing demand for other types of chips Reuters, Bloomberg (TOKYOI Hitachi Ltd plans to concentrate its dynamic random-access memory (DRAM) chip production on "certain overseas plants", eventually phasing out domestic DRAM output, said its president Tsutomu Kanai. "The
        Reuters,; Bloomberg  -  291 words
      • Article, Illustration
        Lock icon Gerstner stands to make millions from IBM
        441 21 Reuters [NEW YORK] International Business Machines Corp chairman and chief executive officer Lou Gerstner stands to reap a windfall in the hundreds of millions of dollars assuming IBM's shares produce only a fraction of the gains they did in his first fiveyear term
        Reuters  -  441 words
      • Article
        Lock icon Kodak to give stock options to 90,000 full-time staff
        371 21 Move to motivate workers to help it regain value Bloomberg [ROCHESTER, New York] Eastman Kodak Co said it will grant options to buy 100 shares to all its full-time employees as the world's biggest photography company seeks to more closely tie
        Bloomberg  -  371 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Euroyen steady in cautious trading
        215 22 SSMBUieport Reuters [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures were largely steady in slow trade yesterday as the market shrugged aside the naming of a new central bank governor. Central bank chief Yasuo Matsushita said he would resign on Friday following the arrest
        Reuters  -  215 words
      • Article
        Futures fall despite Wall St surge
        176 22  -  MSGITAIWAIT FUTURES Charlie Kuo arlie Kuo, service dealer, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract tumbled despite the surge on Wall Street. Investors appear nervous about the recent climb in the Taiwan share prices, especially those of electronics
        176 words
      • Article
        Lock icon Crude oil prices languish at 9-year lows
        280 22 ENERGY REPORT Reuters [LONDON] Beleaguered oil markets were adrift at nineyear lows yesterday, pressured by producers' failure to curb swelling supply. The bellweather North Sea Brent blend was trading one cent better at U5512.38 a barrel at 12.55 GMT after opening at a
        Reuters  -  280 words
      • Article
        Lock icon CURRENCY REPORT
        290 22 Reuters London THE dollar was firmer in the early afternoon than in the morning against the yen and the mark pending release of US data on new housing and industrial output in February, to be released later in the day. The greenback had slipped against the yen in
        Reuters  -  290 words
      • Article, Illustration
        Untitled
        1177 22 mTBEBAMK CROSS EATBS Mar 17 <K ci —> tcu rir wtt m t-w«i bm nh» n»o s$ ik »»?$»*> n—< trn tartrate 0.949 6.171 0.615 4088 1219 5.202 26.538 68.157 0.867 9.958 2.542 1.*****.624 26.403 1079 3136 0.993 21J50 26.927 0.403 0.672 CMil 1.054 5J73 0.648 4.307 L285 5.481 27.959
        1,177 words
      • Article
        Simex seeks feedback on first stock index futures contract
        741 23  -  Underlying index must be widely used benchmark, not easily manipulated By Wong Wei Kong [SINGAPORE] The Singapore International Monetary Exchange will seek feedback from its member companies, the Stock Exchange of Singapore and prospective major users before deciding on the underlying
        741 words
      • Article
        Lock icon US to cut capital requirement rule on short options trade
        367 23 Bloomberg [WASHINGTON] The Commodity Futures Trading Commission proposed repeal of a 16-year-old rule requiring futures brokerages to carry bigger reserves if their customers trade in risky derivatives known as short options. Regulators said in a Federal Register notice that they
        Bloomberg  -  367 words
      • Article
        Lock icon JP Morgan shares jump on takeover prediction
        295 23 Bloomberg [NEW YORK] JP Morgan Co shares rose as much as 5.3 per cent on Monday after ÜBS Securities analyst Thomas Hanley said the bank may be acquired within a year. The fourth largest US bank rose 5-1/16, or 4.1 per cent, to
        Bloomberg  -  295 words
      • Article
        Lock icon HSBC closes Aussie fixed-income operations
        308 23 It says unit not making enough in shrinking market Bloomberg [SYDNEY] HSBC Markets has closed its fixed-income desk in Australia because it is not making enough money in a shrinking market as the government is issuing less bonds. "The business is overcompetitive with extremely thin
        Bloomberg  -  308 words
    • Article
      COMMODITY PRICES
      1670 24 SICOM FUTURES Mart 7 RUBBER (Mrts closing at 5.30sm) RSS1 COMTRACT(S cuitsAg) Clow Votoao Oro* Mooth Hkjh Low Sott (towwt) hrtortit Apr 96 HwO TTSIOO W4J5 200 675 Iter* 1».*5 2500 Jun96 ***** 3475 JWS«p 9B '27.50 <095 0ct/0ec 98 135.25 5625 Jan/M«r99 138.75 375 RSS 3 COMTRACT
      1,670 words
    • Article
      WORLD STOCK MARKETS
      2181 24 LONDON lirfaililili Mar 17 Ptntl *h 31 Group 600 *14.600 AB Ports 382 9 A obey National 180 27 3/4 Allied Domecg 583 7.600 AlMC 158.400 .600 Asda Croup 194.600 -200 BAT Ind 632 2.600 BG PIC 301 6.800 BICC '52 3 BOC Group 980 »T7 BR
      2,181 words
    • Article
      Lock icon TOKYO
      1626 24 AFP Q Nikkei 225 +138J* JAPANESE share prices closed 0.8 per cent higher yesterday, buoyed by prospects of the ruling party's new stimulus package designed to ward off recession, brokers said. The Nikkei Stock Average of 225 leading issues rose 136.06 points to end at 16,997.20. The key index
      AFP  -  1,626 words
    • Article, Illustration
      Lock icon HONGKONG
      1561 26 Reuters Q Hang Seng +74 STOCKS trimmed earlier gains but closed yesterday higher on the back of Wall Street's record close overnight and softer interbank rates. The Hang Seng Index gained 74 points, or 0.66 per cent, to end at 11,255.54 after hitting a day-high of 11,349.28. Turnover picked
      Reuters  -  1,561 words
    • Article, Illustration
      Lock icon CHINA
      635 26 Reuters QShenzhen Blndex +0.37 CHINA'S hard currency B shares closed mixed yesterday with Shenzhen getting a boost from Hongkong and domestic A shares, brokers said. But in Shanghai, prices were depressed by selling of Pudong developer Shanghai Lujiazui Finance and Trade Zone on worries about its 1997 annual results.
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  635 words
    • Article
      Lock icon TAIPEI
      370 26 AFP □wp Index -U. 75 STOCKS slid 0.2 per cent yesterday as late selling triggered by negative corporate results released in the United States wiped out early gains, dealers said. The market soared one per cent in early trade buoyed by the overnight rally on Wall Street but it
      AFP  -  370 words
    • Article
      Lock icon WELLINGTON
      261 26 AFP El Wellington +17J6 STOCKS rose 0.8 per cent yesterday, a day ahead of an expected interest-rate loosening by the central Reserve Bank. The NZSE-40 Index rose 17.98 points to 2,310.77 on turnover of NZ$lO2 million. Wayne Schuler at Cavill White Securities said investors were hoping interest rates would
      AFP  -  261 words
    • Article, Illustration
      Lock icon BANGKOK
      815 26 AFP □SET Index -106 SHARE prices fell 0.4 per cent yesterday due to selling in the energy sector and fears over the health of exporters hit by a strengthening baht. Analysts said the market dropped for the second day running due primarily to jitters following a discounted share placement
      AFP  -  815 words
    • Article
      Lock icon SEOUL
      410 26 AFP f3 Composite !ite» -13J37 SHARE prices tumbled on the Korea Stock Exchange yesterday to close 2.5 per cent down with low foreign interest spurring profit-taking. The IMPs rejection of a request to lower money market rates in the near term undercut some optimistic sentiment stemming from the prospect
      AFP  -  410 words
    • Article
      Lock icon SYDNEY
      600 26 AFP W All Primaries +37.2 SHARES jumped 1.3 per cent yesterday on continuing strong interest in Telstra stock, surge on Wall Street and improving sentiment in Asian markets. The All Ordinaries Index closed 37.2 points higher at 2,767.1. The All Resources index Finished up 9.4 points at 1,172 and
      AFP  -  600 words
    • Article, Illustration
      Lock icon JAKARTA
      739 26 AFP rl Composite Index +L 35 INDONESIAN share prices closed up slightly yesterday as investors waited for cabinet initiatives from the first meeting of recently sworn-in ministers, dealers said. "They are awaiting details from the cabinet," a dealer with a local brokerage said. "But the essence is, they are
      AFP  -  739 words
    • Article
      Lock icon MANILA
      283 26 AFP Q Manila *45.71 SHARE prices closed 2.1 per cent higher yesterday due to a technical correction combined with favourable government moves to cut bank reserve requirements and deregulate the oil industry, analysts said. The Composite Index rose 45.71 points to 2,239.83. Volume rose to 866.88 million shares worth
      AFP  -  283 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8578 27 INDUSTRIALS Consumer prWict! 1998 Last Vol Day Net Cap Hlfh Low Company Sato ♦<• 'OOP Hm Low W mM 310 180 Ajinomoto 258 '*-3 148 73 Angkasa 111 "1 13 m 109 2.6 163.7 290 123 Apollo Food Hlg 200 5-® 388 190 Berjaya Land 370 -6 35 370 366
        8,578 words
      • Article, Illustration
        Lock icon Foreign investors stay on sidelines
        420 27 AFP C 3 Composite Index -3.40 MALAYSIA'S key stock index closed 0.5 per cent lower yesterday in thin trade as foreign investors remained sidelined ahead of new economic growth forecasts to be announced next week. "Foreign investors are sidelined. They want to have a clear
        AFP  -  420 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3734 28 BONOS, LOANS I VARIANTS m 1997/99 tit Val Day Last Ouata A*% HH» Loaf Sliw Com—Of SM ♦•r- rOOO) Ml«l> La* Buyar *♦«•< 6a 9 m 3000 m AMD8cS5%*****6 17 13 18 81 8 3160 *Acar ******1 USS 13 unch 35 13.5 13 13.5 14.5 131 8.5 3164 Acma ******4
        3,734 words
      • Article
        Parkway wrt: discount emerging
        173 28  -  WARRANT WATCH -Ry R Sivanithy ALTHOUGH not strictly a property counter. Parkway Holdings is often viewed as a property play. Since the sector is very much in focus at the moment, let's take a look at the Parkway warrant. The instrument is due to expire soon
        173 words
    • Article
      CLOB INTERNATIONAL
      2388 28 Transaction date Mar 17 MALA YUAN STOCKS Cr Or 1997/96 Last Vol Day Last Quote Mv Mv VM Net HC« Ht» L— Stoo Cempany sm COOP) Htgh Low Buyer S—f C'vr H P/T $m« 478 28 ms 5000 AISB50C 90.5 *05 497 95 89 905 9L5 SO 3J
      2,388 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6036 29 Tr ansaction date: Mar 17 Or Or M Wt 1997/98 Last Val Day Last Owata M* M» VM Nat Cap A»9 Hlg> Law two CiWMny m rOOO> Hl» Lwr Buyar no CV M W" MMSTVttLS 157 18.5 1020 ACE 0ynamlcs60c.... 35 -1 13 35
      6,036 words
    • Article
      SESDAQ
      1059 29 6r Or M Wt 1997/99 Last Vat Day UatOwti Oh Oh VM M Ca» A<* H>» L— IWa Camaany *af POOO) HM* Law >gr lilir Cw Pft tmM Prtc* 106 76 a 2000 AORHMgaSc *9 99 T10 XO 10 U *414 44.0 9T 449 76 a 204* ASAutdlOc ..196
      1,059 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        196 30 Stacks Vote in* Single) 15c 83.879,000 IPC Coo* 5c 18.164.000 •Renong Bhd 50c 13.684.000 •M Resources 12,795,000 DBS Land 12,553,000 Wing Tai 25c 11,473.000 'RetJfucifk Btl 8,137,000 •UniphoMk 7,778,000 Keppel Land50c 7,517,000 •MBf Capital 6,540,000 StNki SingTel 15c 259.539,103 DBS Land 30,603,327 SW 24.844,456 WngTai 25c 16.819,550 City D«v 50c
        196 words
      • Article, Illustration
        HOT STOCK
        58 30  -  -by Shiv Taneja HOTEL Properties closed 12 cents higher yesterday it $1.10 on a volume of 3.64 million shares, compared with its 10-day traded average of 403,900 shares. In the near term, the counter is expected to fall, but medium-term investors should buy on weakness. This is supported
        58 words
      • Article, Illustration
        Focus falls on property amid lack of overseas leads
        666 30  -  mOUUBT COMAUUVTAKT Investors see property stocks as having been oversold; share prices continue to drift in Malaysia By R Sivanithy [SINGAPORE] With few new developments on the international front to look at for investment direction, the local market yesterday looked inward
        666 words
      • ON THE GRAPEVINE
        • Article
          Merchant banker story
          113 30 OLD merchant bankers never die, they just take on new jobs. In England, a well-known banker, Lord Carooys, became the Queen's new Lord Chamberlain. His name is now known throughout the entertainment industry for being the man who, ushering Elton John into the Queen's presence to collect
          113 words
        • Article
          New job for old hand
          104 30 VETERAN Asian hand Simon Murray has Joined management consulting Bain Co as its senior adviser for Asia. Mr Murray started out with Hongkong-based Jardine more than 30 years ago and went to become head of Hutchison Whampoa. He then left Hutchison to head Deutsche Bank
          104 words
        • Article
          Fireworks at Jurong Cement?
          160 30 THE Salim group has just bought some more shares in Jurong Cement, a company which it has been eyeing for some time. Latest Stock Exchange of Singapore record showed that Kindo Pte Ltd, a Salim vehicle, bought 23,000 shares of Jurong Cement on March 7 at
          160 words
        • Article
          Back in shape and in Singapore
          100 30 CLARENCE Chandran is a Canadian executive who was stabbed and nearly lost his life in June last year during a visit to Singapore. Then, three men broke into the house he was staying at and he fought them. He was so badly injured In
          100 words
        • Article
          Shocking Viet prices
          77 30 A BUSINESSWOMAN who visited Vietnam last week was shocked by the price of staple food. In the market a chicken costs US$5 (SsB) and that was in American dollars. One kilo of coffee costs US$B, again in US dollars—and to think Vietnam is a coffee-exporting country. Apparently
          77 words
        • Article
          Can't wait for the new job
          64 30 JUST-RETIRED Chinese Premier Li Peng was so anxious to continue his political career—without a single minute of break —that even before the election results for his new Job was confirmed by election marshals, he declared himself chairman of the National People's Congress. There were
          64 words
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      Page 19 Advertisements Column 1
      58 19 XJJv PROPERTY FINANCE FROM SINGAPORE. m t For further information, please contact either Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 Highly Competitive Interest Rate Fast and Convenient Service Flexible Loan Package Pre-purchase Approval ■I^, ytC The Royal Bank a* of
      58 words
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      118 20 Work From Home... Or VIRTUALLY ANYWHERE mrcentre] virtual office LUS TTTIB The Industry Call 838 5243 to ask for our Special Promotion! Project a solid corporate image with prestigious address, dedicated tel fax no. your calls answered in your company's name Your calls can be transferred to anywhere in the
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      232 21 As Asia recovers Morgan Grenfell's Award Winning Team Will Point You in the Right Direction. MORGAN GRENFELL MORGAN GRENFELL ASIA PREMIER TRUST PREMIER SELECT TRUST This is a unit trust which invests in stocks listed on Asian Formerly known as the Morgan Grenfell Singapore Premier Trust, (except Japan, Australia and
      232 words
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      910 22 \\m«y mm Hotung Investment Holdings Limited (Incorporated in Bermuda) ANNOUNCEMENT The Board of Directors of Hotung Investment Holdings limited wishes to announce UNAUDITED RESULTS FOR THE PERIOD FROM 5 MARCH 1997 (DATE OF INCORPORATION) TO 31 DECEMBER 1997 Company Group 31/12/1997 31/12/1997 (NTS'OOO) (NTS'OOO) Operating Revenue 499,003 804,039 Other income
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      6 22 v. Call Today For Results Tomorrow
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      131 23 v *< > a *ii-. is -a 8.8 J'Biß B mM 1 li •n ,1 3 Bl'IJ lil 1 >1»..i jj 3 -^'C^ -4' s/>&ryV; -vf2Bfi.'.Vv S v: ;<! aS& -&£'i*' v- I^BB BBB■ y i 1 11 v WililJ.rr— > w- V lljln jj Jr r v /*****r7^^BHH|^^^^rilB«vL For
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      413 25 There's money to be made on the world's sharemarkets. But which ones? a IUSA 6,206,907 BRAZIL 136,664 TURKEY 26,529 JAPAN 1,498,560 MEXICO 108,530 KOREA 25,409 UK 1,284,817 SOUTH AFRICA 89,439 IRELAND 23'9°7 GERMANY 584,682 BELGIUM 75»53<> AUSTRIA 23,007 FRANCE 474,453 DENMARK 67,719 ISRAEL 22,362 SWITZERLAND 465,596 INDIA 53>4°4 GREECE 22,253
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      34 26 Bosses, we want to hear from you. Do you have a model secretary? Tell Simone (Tel: 740-1265) about her and she may be featured in the Secretarial Administrative Careers supplement in The Straits Times
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      53 27 if* 1 i i LM i •m I i I Ai id *1 k"® ITi i T •T Wfi' < Mm r#Kj l J rji liß [*l'M*jii 11W BM J 1 iT I i B ajMHJ j T»1 I I fjß»j jTirWiTIH I J H I Classifications 402-568: Properties ls«5J
      53 words
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      38 28 MAKI STOE^DIFFERENCE. ,j CONCEPTS (MERWTONAL)LIMrrEDI 391 A Orchard Road Ngee Ann City #17-06 Singapore *****3 Available at: DICKSON WATCH JEWELLERY: The Promenade. Centrepoint. Suntec City. HERMES BOUTIQUE Liat Tower. Daimaru, Takashimaya Also available at all leading authorised dealers.
      38 words
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      158 29 When you rr m the huMi*v» of making connections ihftHjglxiul the KaslfTTi I'SA \onhweM t* ihc airline fcw Toronto fOU n,u<f w l addition of daily flights lo M<ont-jpi4is s Paul and IVmia. »v mm hrmß unrivaled THESE DAYS SINGAPORE AND THE U.S. SHARE EASY, jag H£T Alrr York lorn
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      432 30 BUSINESS Notices TRI-M TECHNOLOGIES (S) LIMITED (Incorporated in the Republic of Singapore) Registered Office: 25 Kallang Avenue #07-01/06 Kallang Basin Industrial Estate. Singapore *****6 NOTICE OF AN EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of TRI-M TECHNOLOGIES (S) LIMITED will be held at 25 Kallang
      432 words
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      435 30 NOTICE m Philippine National Bank USD 100 mio Negotiable United Stales uocior rlooting kgvg lwtitkows or Deposit due in September 1999 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the interest period from 18 Mar 98 (inclusive) to 18 Jun 98 (exclusive)
      435 words
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      302 30 To advertise call toll-free 1800-*****83 THE COMPANIES ACT, CAP. 50 BUST CART PTE LTD (la Members Voluntary M Indinß-l p) Al an hilra-Ordiiury General Meeting of (he Company held at 2nd Floor. QPI. Industrial Building. 1.18 Tetaco Road. Tsuen Wan. New Territories. Hong Kong on 10th March. 1998 the following
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      148 30 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ARC ASA UPHOLSTERY PTE LTD (In Liquidation) NOTICE OF MEETING OF CREDITORS CONTRIBUTORIES NOTICE IS HEREBY GIVEN that a meeting of the creditors and contributories of the abovenamed Company w* be held as follows: Date 3
      148 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      323 31 Bridge News, Reuters THERE was little new to talk of in the grain trades with few Pan am ax cargoes available from the US Gulf with a shortage of some grain there. Details continued to surface of lower rates agreed for minerals cargoes in the Atlantic. Fixtures TANKEBSs
      Bridge News,; Reuters  -  323 words
    • Article
      MARITIME STOCKS
      275 31 wmmmmmmmm ■MrtT a ttl CWT DMtribution .0.713 -0.005 M ClMWW* 0.49 *0.02 306 Caacokivaatmant .0.19 unch S Fraiaht Until 0J3 unch 40 HM*1I 0J4 -0.005 20 Mai Sun Hup 0.58 -OOI 201 HIUCMZMOT OAS *0.09 199 IMC Holdings HK940 JayaHaMtags 038 *0.01 34 Jurona Shipyard 7.6 *0.05 67
      275 words
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      MPA launches electronic chart for Singapore waters
      609 31  -  S'pore among first in world to release electronic navigational chart for commercial use By] Marcus Hand [SINGAPORE] The Maritime Port Authority of Singapore (MPA) has launched the Singapore Electronic Navigational Chart (Singapore ENC) which can be used by navigators in place of paper
      609 words
    • Article
      Problems non-ISM Code compliant ships will face come July 1
      854 31  -  STRAIT TALK By I Seafarer LAST week Seafarer looked at whether the International Safety Management (ISM) Code is a fair imposition on the shipping industry. Whatever one's opinion on that, the simple fact is that the ISM Code will be
      854 words
    • Article
      Germanischer Lloyd revamps S-E Asia network
      255 31  -  By] Marcus Hand [SINGAPORE] Classification society Germanischer Lloyd (GL) is restructuring its organisation in South-east Asia as part of its continued expansion in the region. According to the society the changes will see a more decentralised structure of its field service and a simplification
      255 words
    • Article
      Lock icon Tanjung Priok's cargo down
      98 31 AFP [JAKARTA] Cargo volume dropped 22 per cent at Jakarta's main port in February from a month earlier as trade here was severely hit by the economic crisis gripping Indonesia, a report said. Volume was 2.77 million tonnes, down 785,763 tonnes from January, the Indonesian Observer
      AFP  -  98 words
    • Article, Illustration
      Lock icon Kawasaki builds Japan's biggest submarine
      57 31 [KOBE] Japan's largest submarine named Oyashio, built by Kawasaki Heavy Industries, is commissioned for Japan's Maritime Self-Defence Force at a Kobe port, western Japan. The submarine weighs 2,750-tonnes and has cost 520 billion yen (556.4 billion) to build. After a launching ceremony, the submarine left
      REUTERS  -  57 words
    • Article
      Sydney Ports Corp appoints first overseas trade rep based in S'pore
      311 31  -  Company seeks to increase trade with South-east Asia From< Jerzy Farynski in Sydney SYDNEY Ports Corporation has appointed its first overseas trade representative, based in Singapore. The corporation has retained specialist trade development company, Piers Resources Services Pte Ltd,
      311 words
    • Article
      Lock icon Global Marine wins US$208m deal
      223 31 Bloomberg [HOUSTON] Global Marine Inc said a division of Exxon Corp signed a preliminary contract valued at as much as US$2OB million (*****.9 million) to lease a deep-water drilling ship that will be used off West Africa. The contract with Exxon Exploration Co requires Global
      Bloomberg  -  223 words
    • Article, Illustration
      Target: North Atlantic trade
      948 32 LYKES LINES UNDER CP SHIPS New chief sees it as an autonomous line within CP Ships, aiming to be a leading independent carrier on this route ONLY six months after CP Ships' takeover of the container shipping sector of Lykes Brothers, the corporate identity of the
      948 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      331 32 PACE Exp Orient M AM. 3 EtWo w Accord 8 6 AJirenkW M Fl-BrigM H 5 Farwida H AsiaOCl 15 Fooo< Son 8 Astro 3 FreU 15 Austral 9 FrtLinkJ 16 tort 16 GU 4 B'tang Mas 8 8 BSA 7 &Wtfip<3 BTL
      331 words
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      SHIPPING GUIDE
      17412 40 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vnu< Voyage Telephone SIN Dest'n Nam* Nam* Number Number SIN Dest'n n«m Nome Number Number MMMMHMHMMNMHMHHMNBHHMHMMHHHHMNMMMBMMMMI OBMNMMMNMMNNMMMMMBHHMMHHHBMMMNMMNMMMHi A To BUENOS AIRES (BUE) 2060 Argentina To ABIDJAN (ABJ) 2003 »/oj it/04 csav iyo oiss u-imm Ivory Coast,
      17,412 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        707 47 Vossol Voy No Btrth Arrival Otparturt Afi ton* torn Jmtm 'jot iMngsito *01/1500 M MM U M»r17 JOI «OA«sMt 17.01/2359 w Cl Mudi ****** JOI ikxypx* 17.03/*30 *W" *****6 JOI Mngsid* 18 03/0230 U>3 33 *****6 J01 alonQtKl* 17.03/1800 M U6 55 *****8 XI Mnqsid* 17 03/1600 MM
        707 words
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        CONTAINER SCHEDULES
        1626 47 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Booklng/BtUnc* Rstts Ship Voy No Etb/Btr Period From To From Aci CltMr on N/MM tt 17/1900 17/N9I 17/1W0 II 17/1500 17/WM 17/1900 U 17/1700 18/0*59 WOWO 21 17/1700 WM51 WOWO 1 W07M N/W WMM 4 N/1200 WM51 K/1700 mi Mil
        1,626 words
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        GLOBAL HOLIDAYS
        199 47 Mar 80 Japan: Vernal Equinox Day. Marll Mexico: Juarex Day. Mar 28 Greece Independent Day. Apr 8 Hong Kong: Chlng Ming Feetlval. Apr 7 Br unit: Harl Ray a Hall. Malaysia: Harl Raya Hajl. Apr a Denmark. Maundy Thursday. Mtxico: Maundy Thursday. Apr 10 Australia: Good Friday. Canada:
        199 words
      • Article
        COCKETT BUNKER MARKET REPORT
        806 47 THIS report complied by Cockett Marine Oil Ltd. show* price range* In US dollar* Instead at single prices for a more comprehenaive description of the market Prices shown are baaed on averagestied stem. Market movements are Indicated. The Cockett Bunker Price Index chance and the Individual
        806 words
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        VERITAS BUNKER QUALITY REPORT
        381 47 ISO Mu 993.5 2.0 1SJ 0J1 72 0.09 DwHttv Motor hiMtw AM Aluminium MMwirt He it>o>« E25 5 2 1 2 0 0 m/M 300 AM 984 6 0.4 142 0.06 2« 0.02 uywi 360 Mu W23 1.0 19.9 0.14 14 0.06 v/v %M/ Ne «t>OM
        381 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Six US airlines awarded new flights to Japan
        392 48 American, Delta Continental, TWA Hawaiian and Northwest benefit from bilateral pact AFP [WASHINGTON] The US Transportation Department on Monday tentatively awarded six US airlines 106 additional weekly flights to Japan from the United States, the first fruits of a just-signed bilateral agreement.
        AFP  -  392 words
      • Article
        Lock icon Boeing 737-800 gets FAA certification
        360 48 Reuters [SEATTLE] Boeing Co said on Monday its next-genera-tion 737-800 jet has been certified by the US Federal Aviation Administration (FAA) after a nine-month flight-test-ing programme. Boeing said it expected the European Joint Aviation Authorities to follow suit by the end of the month, after
        Reuters  -  360 words
      • Article, Illustration
        Lock icon A boost for Hyundai's plunging sales?
        36 48 [SEOUL] Hyundai Motor introduces its new mid-sized sedan, EF Sonata Three, yesterday. Hyundai hopes the new model will boost its domestic sales which have been hampered by plunging demand. REUTERS
        REUTERS  -  36 words
      • Article
        Lock icon Port Authority of New York chalks up record profits
        481 48 Tolls on bridges, tunnels will not be increased NYT [NEW YORK] The Port Authority of New York and New Jersey announced record profits for 1997 resulting from higher traffic at its bridges, tunnels, airports and rail line and said that tolls
        NYT  -  481 words
      • Article
        Lock icon GEC eyes Lockheed, Northrop units: report
        143 48 Reuters [LONDONJ Britain's General Electric Co pic (GEC) is poised to use some of its cash mountain to bid for parts of Lockheed Martin Corp and Northrop Grumman Corp, according to Tuesday's edition of the Times newspaper. It said GEC is understood to be
        Reuters  -  143 words
      • Article, Illustration
        Lock icon Icahn withdraws Pan Am offer, new investor emerges
        640 48 Financial Times [MIAMI] Financier Carl Icahn withdrew his US$43 million (5569.6 million) bid to rescue Pan Am Corp, and Silicon Valley investor Milan Mandaric emerged as the latest bidder. Mr Icahn agreed early last Friday to buy some of the Mi-ami-based airline's
        Financial Times  -  640 words
      • Article
        Lock icon Most Air France white collar staff favour partial sell-off: poll
        219 48 AFP [PARIS] More than 92 per cent of Air France white collar staff and 73 per cent of technical staff are in favour of partial privatisation of the state-owned airline, according to a poll. Of the 92.5 per cent of
        AFP  -  219 words
      • Article
        Lock icon EU to announce verdicts on 3 airline alliances in April
        296 48 Financial Times [BRUSSELS] European Union antitrust regulators have almost completed their recommendations on three transatlantic airline alliances but are unlikely to reveal their verdicts before mid-April. Senior European Commission officials have confirmed that most of the elements are in place
        Financial Times  -  296 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1769 48 an fucht cu rucwr no AknOhaM 0R156 172S 0P57 202S ***** OHO A4nM4o $0230 WW Frankfort $025 0655 BA7305 J255 Amsteraam $0327 0820 $0328 2330 IH786 1645 0f05 7255 *1837 1540 *1838 2335 M7306 1840 $026 2355 Auckland NZ4286 2045 ****** 2045 JJJJ 'JJ JJJJJ *****
        1,769 words
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      1117 32 I vor I rata) I row lin m mi mc I r nowo* ,vnw 1 mJmamumuo lM»»wulautf *c «tqhm>u vuhiiki SirSui™~iT3»fii~iEs~TTrs"TSsE"" TJST" "T7E m/m h/h" ""ImT" u mmtahiii iiv i ii/m it/M wi v/m iww i n/n W ooaoau imii m/m h/h ii/m m/m ivm ii/m ivm m/m 815 1
      1,117 words
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      Page 32 Advertisements Column 2
      488 32 Lln 4 r»CX»««ntta U -Ko];j ®y M* l of tM» Rtgntry o* Singtoor* Fright Rywtrori wlßPiy Acc a 't*a Afl#nt« CjUU Auocwan S-nfl«x*» SMDptng AmociMOT SHIPPINGTIMEs' Juiualkio u» •IrtsLlm 740-2044 Jarrod Leong 740-2068 EXPORT 3 x Jopon •21 •1 x Monttn •1 x Kooihiung, KWung lAccopHng PCI to BKK/NAHA/NNDAI/CIBU/ICH) srcL
      488 words
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      1016 33 TO EUROPE FROM EUROPE Ivtssa VOY SIN RTM AM HAM MV SOU FIT \bT IvKSH VOY ITM ANt MAM 00V SOU FIT LtH wT IMAMS Sill It/03 11/04 M/ 04 00/04 06/04 LASM 6090 20/0225/02 24/0213/91 10/03 MOSa 1110 20/03 OS/04 07/04 10/04 11/04 NOiCYFMNI 4000 04/03 20/02 02/03 21/03
      1,016 words
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      Page 33 Advertisements Column 2
      1845 33 HANJIN SHIPPING HANJIN SHIFTING (S) PTI LTD 1% //mm l«*> cm MOUNG 32W235 737 SALES 37*0774 731 DOCUMENT 37*0271 274 OPfttTIONS 32*0241 757 tUUH LINE 2227(55 FU *****44 d NO: **********QH TO NW USA A CANADA USA CANADA* mwi/vw |im| ai uwhau/voy sa nw wh pox on mst m "on
      1,845 words
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      1394 34 DSR-SENATOR LINES TO UEyCONTPOSNT TOREDSEA/MEDITERRANEANCiANApA ItHtl VOT LB) lIW W MX IW IU WMEL VOT Ml JIO WT SFE FOS W.C WW hjkattu worn an km iim mm km mm ctfhoenix wmus aw dm mm iim iim mm am POOONG IE MA TOM MUM HM MM lIM 13.M MM 15
      1,394 words
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      Page 34 Advertisements Column 2
      1167 34 MY LJNE Internet Web Site http: //www.ymlcom.tw Hf tk E-wftl Afldre— c«ohp72o.yml.com.tw T Kf ey o tmuwoat/SUNOAT VESSEL VOY SIN CMB RTM HAM FXT LEH AMR MING EAST JBIOW 15AJ3 01/04 03/04 04/04 06/04 MING SUN ABIIW 20*3 24/03 11/04 09/04 08/04 13/04 RHEIN BRIDGE JBIIW 22/03 08/04 10/04 11/04
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      Page 34 Advertisements Column 3
      455 34 LINE Sy JL nil *****5* MXi ISIIIII I MUARA 1 r LABUAN vissa vor rro ft* vtssa vor nt nt sra« muara srati UN AmOOfT VO7I/91 11/01 21/03 AUtGMtT VO7I/W 11/0) 22/03 inosrai vo«/9i 24/03 m/os J-norat vom/n 24/03 27/03 AntGutr vomm nm 31/03 Amootr vomm 20/03 u/m IPVOSFB VOW/*
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      1342 35 VCSS6L VOY SIN BKK POU PKO PCX BCW SUB BA 1 BIK IRAN SHOJAAT PJt-1271 18/03 26/03 I IRAN TEYFOURI PJL-1273 21/03 30/03 I ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN, KIRGISTAN, TAPZHIKISTAN I GEORGIA VIA B. ABBAS. BIK AGENT IN
      1,342 words
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      Page 35 Advertisements Column 2
      1655 35 IVSKY MOMMY "1 DttlCT TO JAPAN I MM 7 MVS I MMOTA ••MVS I mm "-r»f —M I" SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/l) COSTAR SNIPPING PTE LTD #i7-oa MS lIDG SAUS/mgs 4705M1/43 INWARD DCPT (D/ 0) *****15 COSTAR AGENCIES (M) SDN BND
      1,655 words
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      Page 35 Advertisements Column 3
      568 35 r EASTERN CAR UNER, I l. fc I Eg (SINGAPORE) PTC LTD JSTJSSL SPfCIAUZE IN ROWO L HEAVY UFT UPTO 12? TOWS 1 £Q (SMCtfOK) Ff!110 LOADING FOR YANGON/CHITTAGONG CALCUTTA MV "AMRTA VII" V.3 MV "«TO KIM* V.l ETA SW 1 9/03/98 fTA CTG 29/03/99 YGN 24/03/98 ETA SW 19/03/98
      568 words
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      1409 36 EUROPEAJttSCANOIHAVIA/FINLANP/RUSSIA SGP RDM ANW HBG TMP ZEE IHW LMV THP RDM ANW HOG PKL SGP E REPUTE RW-113 21/03 09/04 14/04 110/0412/04 13/04 14/04 E GLOWING RE-043 ***** 19/02 21/02 22/02 19/03 E. RACER RW-021 ***** 17/04 22/04 10/04 2004 21/$* 22/04 E GAINING RE-002 23/03 25/02 24/02 ***** 20/02
      1,409 words
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      Page 36 Advertisements Column 2
      917 36 am MAC-lIELS S PORE M'SIA Carrier: MN CONTR LINES, INC I~IVyV~ J OWMO.IWTOOOOB SJBU: (084) *****9 MANILA: (632)*****24 V w PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21)*****07 MON: (61)*****3 KUCHINQ (082) *****1-3 MANILA CINOA/11 HARvi MV "ANRO TEMASEK" V.030 MV "MSC HOUSTON"
      917 words
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      379 36 Pfsk NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VBSa 1 VOT I SI I rtu I DUI 1 CFT 1 I/BAT WAWUi QMEEW O?tS 20/03 71/83 01/83 K/M 87/14 RjjjHßßjgß 005S 21/03 07/ M 11/04 IS/84 mmiPBIKE OTIS 05/84 11/84 ?1/tt mmvßius m 14/84 a/84 v/* 01/05 <k/os
      379 words
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      531 37 i BSA il M MYANMA Iflßßk FIVE STAR UNE (MyoMNW National Lino) Loodi*f for Yaogoo (Ra«goo«) Vissa VOY SM PIG PIN PGU AVA 140W Stß PAGAN 254W 24/03 NALAYSU AGOITS: OOUSTIAD SMPPMG AGINCItS OL TE 02-09-*****00 PRL TH 02-03-*****01 PIN; ra 02-04-*****02 PGD: TE 02-07-*****21/4 tg| BANK LINE (A Mfvkt
      531 words
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      Page 37 Advertisements Column 2
      1190 37 4 HYUNDAI MERCHANT MARINE CO. LIP. Ivcsa vof J»L sou liaIWW I AW I HAM I wvTren I ypsa voy sou uh lira out ham m nTT THAMIS 304W 11/03 04/04 11/04 01/04 09/04 lASBNI 3031 21/02 21/02 25/02 26/02 19/03 MOSa 304W 20/03 10/04 11/04 05/04 07/04 07/04 »;/04
      1,190 words
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      Page 37 Advertisements Column 3
      841 37 non>qgtan %jmexkmi ajkxxrrmn IV WMUAtES TO NORTH AND LATIN AMERICA Roto HEAYYUFT SERVICE' VfSSCL VOY RAW HEIGHT SM lAX CM MU SAV |BM OCf NTC |KW I MOO tourgoing fto6 4006.3« "WoT-7T7STWW"IS7STWSTTo7iTJ77W"-H7ITWW7IT TATKXA PM7 400 Tm 6.3 M 21/03 22/04 01/05 04/05 00/05 01/05 00/05 10/05 15/15 10/05 [TAMM FOQ4
      841 words
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      754 38 BAHQKOIC/LABII CHAIAHO JAKARTA/PAN JA NO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN SRtSAMUT SRS373 In Pt 21/03 MATHU BHUM 380 SB 19/03 21/03 XETHA BHUM 228N In Pt 22/03 MATHU BHUM 3608 18/03 21/03 BAN! BHUM** 89N In Pt 21/03 22/03 GURU BHUM* 70S 21/03 24/03 XETHA
      754 words
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      Page 38 Advertisements Column 2
      119 38 GEMARTRANS 4 SAILINGS WEEK TO HCM vgsa ygr sw hoi GUAJI 9135 i 1703 fj/55 MOMH ***** 70 03 23/03 J""®"? 05 »1/» 24/03 UU (MUM 45* 23/03 26/03 GUAM 9634 24/03 V 03 VMXUAM £5078 27/03 30/03 2 SAILINGS WEEK TO HAIPHONG VKStt I vor I SW HW UtftAAH
      119 words
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      404 38 BINTANG MAS SHIPPING PTE. LTD. neil road, Singapore 0200 TEL: *****68 FAX: *****64 TIX R*****5 SINMER CR No: **********0W Receiving Cargo at PTI Blntulu Muara VTSStI VOY KN |Ty vissa VOT SIN m I s«ii m*i 30-31/03 05/04 MJ* WBo4{ Inpt 19/0374/03 ISaii V9807E 11 12/04 17/04 thai V9BOS£ 7324/03
      404 words
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      604 38 M ACCORD MM SHIPPING PTE LTD m: ***** IS (40 Una*) FAX *****30 KMKIAMG (03) 34/1001 m M D«tO ACCKS m *****53 (IXPO«T tOOKiNG) HSM GUDADO (07) 351 /J/7 *****54 (IXPO«T DOC), *****39 (IMPORT) rBUMG (04) *****49 JAKAITA (71) HC 0770 POKT mSW ~EOiT fTA SIM EOtT IM SIM POET
      604 words
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      315 39 PBiMlil f inponesi/u!ationaHjn^i IT^EUROPE^^^II^ I Vtttll 1 1 1 TO AUSTRALIA 1 ku ttinuNn mum VUf OCUMU VjmlttMl4«|a« n« MlUmhm I oSßfi rvrt pwmif I ~LJ 1 FIIDIR 81RVIC1 TO INPONHIA j vw worn Imr ya—ii mm m mmui umhm|umn n/n n/5 a/w T" fcWH M/U M/U H/M 17/11 ~~1
      315 words
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      Page 39 Advertisements Column 2
      782 39 f PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CP NO **********06 Yttttl YQT rn~ sm STD Mil AX* Ml Ml OOQ ACCLAIM OAAOM Jl/3 Jl/3 2/4 7/4 10/4 17/4 11/4 I ismrowor- mw tti »/i i*V4 \i'n OOCIAMUTY OAYOII J/4 4/4 H/4 U/4
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      Page 39 Advertisements Column 3
      575 39 mugging vroafLg JfOY MN JB3 MLA LEH HAM THP RTM zii \ALIf 06 OtM»A HB4W 18A» 27A» oi*T~ QMM ~05D4 iw i*M VH-LE O ORION Y34W 24A8 01AM OMH 12AM 13AM ISAM 16AM 18AM \ALLEQg TANYA T39H 01AM 10AM 16AM 30AM 21AM 23AM 2MM MAM IvUfOtMMOaA V39H 07AM 16AM —»04
      575 words
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      47 41 To retrieve more schedules, just follow these simple steps... document 740-6000 te P be the port lEnter your Step key in the four %>£phone number Jpdigit code IJr ~3~] Key in your Exampte: r-L-, fax number |To NEW YORK (NYC) 2275 for calls within Singapore United States
      47 words
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      1098 44 —SAMUDERA SHIPPING LINE LTD 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 CHAW 7 slgs/week 22BSE2CEH 2 slg/week I vessel fvo? —Ism Ijak [VESSEL voy sin plb SINAR NUSA 994 IN PT
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      Page 44 Advertisements Column 2
      600 44 hESB ENG LEI SHIPPING CO PTE I7D I T«fc 51J0875 (4 UtMl Nil 533MM/532MM T afci niiwoMin VISSQ VOT SINIUSINETD MSTINATKM Umon Siw 8 06/98 16/03 19/03 torti Union Siar 10 OS/V 8 19/03 21/03 Pdembong Sinor Central 05/98 19/03 21/03 Percwona, Buoron/PBo-u Unggul Joyo 05/98 19/03 21/03 Pwwny/RBoru/Dtnic, Marco
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      Page 44 Advertisements Column 3
      446 44 SIN FAR EAST 22/03 KEELUNG/KAOHSIUNG 22/03 BANGKOK 16/03 MANILA/CEBU 22/03 JAKARTA/BELAWAN/SURABAYA 22/03 PORT KELANG/PENANG/E. MALAYSIA 18/03 BUSAN 19/03 TOKYO/YOKO/KOBE/NGO/OSA 22/03 HONG KONG m china 22/03 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU m EUROPE/UK 22/03 LDN/FLX/IVP/SOU R DM/ANT/LEH/HAM/GOT /OSL also accepting cargo to EASTERN BLOCK COUNTRIES m USA/CANADA 17/03 LOS ANGELES/NEW YORK all
      446 words
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      Page 44 Advertisements Column 4
      473 44 Singapore Soviet Shipping jGk Co. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNO PKL TRADE FAST TFS2IS 22/03 26/03 00/04 10/04 KOTARATU RTUOO6 30/03 00/04 18AM 18/04 FAIRY EAGLE 111N 04/04 11/04 23/04 2S/04 KOTA RAJA RJAOOO 12/04 10/04 01/06 02/06 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SJN/BOM/N.SHEVA
      473 words
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      Page 45 Advertisements Column 1
      902 45 SWISS SIMMS W> ADELAIDE 1 imam mm 1 MSC CHINA V.OOIA ETA SINGAPORE 22ND MARCH 1998 ASIA AUSTRALIA EXPRESS SERVICE i! [VESSEL |VOY I SW I FRE *ADi MEL SYD 1 gNE I MSC CHINA 001 A 21 MAR 27 MAR 30 MAR 01 APR 03 APR 06 APR I
      902 words
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      Page 45 Advertisements Column 2
      1576 45 Sf M drem MM SV j" mmpLpa <*», m «**>" MYK ALTAJR 20WA12 2103 lIM 1104 14.04 ***** HTKVIGA IMAM 2112 2102 24.02 2102 17.03 2313 24.03 25.03 26.03 Si; i 2 S5 £S °H? 07 03 3u» iiS £S OOQ MFDOUMD 03U10 07.03 Ml 3 10.03 14.03 31.03 OMIT
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      446 46 VESSE L VO Y H TIGER ISLAND 613N 20-22/03 26-29/03 I TIGER BRIIDGE 614N 24 25/03 30-0204 07 0604 I TIIGER BAY 615N 27 29/03 02 05/04 10-1204 TIGER WAVE 616N 31-01/04 *****4 14-15/04 I TIGER ISLAND 617N 03-05/04 09-1204 17 19/04 I J TIGER BRIDGE 618N 07-08/04 13-1604 21-22/04
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      Page 46 Advertisements Column 2
      775 46 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel: *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg LCL FCL SERVICES FROM SINGAPORE TO EGYPT, MALTA AND CHINA ALEXANDRIA {AVI)/ MALTA (MLA)/ SHANGHAI (SNAJ ETP SIN Eta ALY Eta MLA Eta SHA Hamburg Express VIBWDII 20/03 01/04 Moreton Bay V 8503
      775 words
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      Page 46 Advertisements Column 3
      64 46 Tropical IIHIPPIMO LCI FCL CONSOLIDATION Wsokly Sailings with Fixed-Day Arrivals to th« Caribbaan, CwW Amrka, South Amrka and Florida Anguilla El Salvador Martinique Si Kith Anhqua Grand Cayman Miami, Florida Si Lucia Anija Granada Nicaragua St Moarlen Bahamos Guadeloupe Panama Si Thomas Colombo Guatemala Puerto Rk» St Vincent Costa Rica
      64 words
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      Page 46 Advertisements Column 4
      1002 46 OOCL (Singapore) Pte Ltd CFS Keppel Distrpk For kookmq r-^~r-obUi 79 Anson Roed #21-04 (S) *****6 Mk 513 #01-128 4 eeowTK ®"0 11B7S7SOOOOH U. 272 7127 d 3269 IV) ®I M *****13 F« 221 3942 Fn; 272 7125 c*3269 Ito NOtTB UMIIKA USA/ CAMADI TO USA S6P LGB I -CHI
      1,002 words
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      129 47 LIGCND: R Thund«r*torm T«mp«rotur# *q X\ V Show»r W.oth.r Wind dw.ction with tp«.d in knots Rom Cloudy Sky Wov. height Virjoe* wind* Oft indicated by arrows which fly with th. wind On. M cird. r.pr.s.nts c «Hm or hght ond vonoW. wmds i_ On. hoH fWch. r Wmnh 5 knon
      129 words
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