The Business Times, 19 March 1998

Microfilm: NL21174
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    13 1 The Business mmes MITA(P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, MARCH 19, 1998
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  • Article
    MARKET SUMMARY
    64 1 □sin UM&30 (+24.04) U***** (+9.61) PffTGQHP LJMMS7 (+46.65) VV BTOOMP (+5.22) Br* STOCK HAIXFT INDICES Wednesday Change KLSE COMP ***** +614 NIKKEI *****9.68 477.52 HANG SENG 11,111.65 -***** SET INDEX 506.46 10.0 JAKARTA OOMP 504.00 -8.14 MANILA COUP _128U8 +44.15 TAIPEI WPI 8*186 -9189 SEOUL COMP 518.08 +167
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  • Article
    FINANCE
    75 1 EXCHANGE RATES* ust s$ US$ 1609 1.672 2.690 DM 0.M9 0883 YEN 100 0.768 1236 MS 0271 0436 HKS 0.129 0208 BAHT 0.024 0.039 RUPIAH 100 0.010 0.016 'Jntm-bankriftp FUME BATES SINGAPORE* 7.81 KUALA LUMPUR 13.00 JAKARTA 22.00 BANGKOK 15.60 MANILA 27 JO HONGKONG 1028 TAIPEI &80 SYDNEY J.00
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  • Article
    IMF to help tackle US$74b Indon corporate debt
    873 1  -  Private offshore debt outside purview of IMF aid programme nntil now From S N Vasuki in Jakarta IN a major breakthrough in its troubled assistance programme for Indonesia, the International Monetary Fund (IMF) is to play a role in resolving the thorny
    873 words
  • Article, Illustration
    Lock icon MNCs still bullish on Asian prospects: survey
    386 1  -  By- Vikram Khanna [SINGAPORE] The confidence that multinational corporations (MNCs) have in Asia's economic prospects remains unshaken by the current financial crisis in the region. This was the key finding of a survey conducted jointly by the United Nations Conference on Trade and
    Source: UNCTAD, Int'l Chamber of Commerce  -  386 words
  • Article
    HK's decision not to charge Sally Aw stirs controversy
    326 1  -  From. Loh Hui Yin in Hongkong CONTROVERSY raged yesterday over the Hongkong government's decision not to press charges against publishing tycoon Sally Aw Sian despite her being named in charges against three others for conspiring to cheat. Politicians and leading local
    326 words
  • Article
    DBS cuts prime by half point to 7%
    404 1  -  Move likely to trigger cuts by other local hanks By i Clarissa Tan [SINGAPORE] DBS Bank will lower its prime rate by a halfpoint to 7 per cent from today an about-turn from the three rounds of rate hikes since December. Analysts
    404 words
  • Article, Illustration
    Lock icon She's the one
    63 1 [SINGAPORE] Deputy president of OCBC Bank and deputy chairwoman of Simex, Elizabeth Sam collected another honour yesterday. Well known in financial circles for her expertise, Mrs Sam was voted Woman of the Year in an award organised by Her World magazine. But her biggest fan must be
    CHRIS LOH  -  63 words
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      151 1 nmPB 1m tfpt tkrwgh 130 Hie yen fell through 130 to the dollar yesterday and the Tokyo stockmarket went into sharp decline as markets appeared to give up hope of any early action by the Japanese government to avert the economic recession, P|l HK Land profit dvwn t% Earnings at
      151 words
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      Page 1 Advertisements Column 2
      8 1 US hopes new cabinet will act quickly, Pg6
      8 words
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      50 1 know how to help your overseas mortgage go through smoothly and quickly" When arranging a mortgage to purchase a property in Great Britain, Australia, Canada, USA, New Zealand or Singapore, why not listen to an expert? Call Suzanna Lee Overseas Mortgage Manager on 226 5965 now Email: lloyds@pacific.net.sg Lloyds ■oflßank
      50 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Price, not ties, comes first in firms' forex dealings: survey
      591 2  -  Treasury activities showed gains in 1996; bigger players more productive By\ Larry Wee KEEN forex pricing is more important for Singapore corporations than relationships with specific banks. And, for the interbank players, bigger was generally better in 1996, according to
      591 words
    • Article, Illustration
      Lock icon Job ad volume down 23% in Feb
      320 2  -  EYE ON THE ECONOMY Jobs By: Frances Lui THE volume of job advertisements in the local newspapers fell for a fourth straight month in year-on-year terms in February, though the latest fall amounted to a recovery from January's sharp plunge. Total newspaper recruitment
      Source: SPH  -  320 words
    • Article
      Financial sector offers even chance for women: Mrs Sam
      282 2  -  By* Clarissa Tan THE financial sector is one area where women can get an even break, says top banker Elizabeth Sam, who was yesterday named Woman of the Year for 1997. "1 don't think that banking is necessarily a maledominated industry,"
      282 words
    • Article, Illustration
      Lock icon JTC properties may face slowdown
      385 2  -  1997 termination of leases for flatted factory space at highest since 1981 By' Teh Hooi Ling THE industrial property sector could slow down in the next six to 12 months if the regional economic situation does not improve, said Jurong Town Corporation (JTC) in its
      Source: JTC  -  385 words
    • Article
      No sales closed at property auction
      306 2  -  By. Ang Wan May ABOUT 150 people turned up at an Edmund Tie Co auction yesterday but no sales were clinched. The property consultancy is, however, confident that half of the six properties up for auction would be sold within a week after negotiations
      306 words
    • Article, Illustration
      Lock icon A handy way to surf the Net
      93 2 FANCY surfing the Net on your handphone? Soon you can, using what's called an eyephone. Peter Cochrane, head of research at British Telecom (BT) Labs, yesterday demonstrated how to use the eyephone at a media briefing. Prof Cochrane said it will be on
      CHRIS LOH  -  93 words
    • Article
      S'porean brings home Silicon Valley firm
      253 2  -  By' Toh Han Shih A SINGAPOREAN is bringing home a high-tech start-up company that he founded in Silicon Valley. Called TeraLogic, the company will set up a regional headquarters here next year, the founder Ang Peng Huat told BT recently. And this month, TeraLogic
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    • Article, Illustration
      Lock icon Singles to get CPF grant for HDB flats from June
      580 3  -  YESTERDAY IN PARLIAMENT Bat they can only buy resale, not new flats; rental blocks up for upgrading By. Abdul Hadhi THE government will extend the CPF Housing Grant scheme to singles from June 1, National Development Minister Lim Hng Kiang
      FILE PHOTO  -  580 words
    • Article
      Plight of elderly takes centrestage
      283 3  -  By Ven Sreenivasan THE problems facing the elderly, especially the retrenched, were highlighted in yesterday's debate on the budget allocation for the Ministry of Community Development (MCD). Several MPs also raised the need for a more comprehensive and coordinated approach to dealing with the problems
      283 words
    • Article
      Medical emergency group expanding
      273 3  -  AEA to invest $50m in next 3 years to expand overseas By Frances Lui HOMEGROWN medical emergency assistance group AEA International plans to invest $50 million over the next three years to expand its operations in 22 countries to 40 countries. Currently, the group owns 17
      273 words
    • Article
      Local Net venture ties up with Netscape
      300 3  -  By' Toh Han Shih LOCAL Internet start-up SilkRoute Ventures has tied up with the leading US Internet firm, Netscape, to offer electronic commerce to Singapore and the region. Silkßoute will be a systems integrator for Netscape's electronic commerce software, which enables companies to
      300 words
    • Article
      Australia in A$15m campaign to boost falling Asian arrivals
      348 3  -  By] Frances Lui FOR the first time in almost a decade, Australia is spending Asls million (Ssl6 million) this year in an aggressive move to stem an anticipated decline in the number of visitors from Asia. "1998 will be a tough
      348 words
    • Article
      Change in work permit system
      102 3 COME April 1, main contractors in the construction sector will get sole control over work permits issued for their projects. They will be assigned "entitlements" for construction workers from non-traditional sources based on the value of their projects, the Ministry of Labour said yesterday. The
      102 words
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      Page 2 Advertisements Column 1
      214 2 '31 March 1998 I The Pan Pacific Hotel I Singapore \g the Alternatives tion GUEST OF HONOUR Associate Professor Ho Peng Kee Minister of State for Law Home Affairs The number of commercial disputes are expected to increase during this regional economic crisis. An understanding of Alternative Disputes Resolution (ADR)
      214 words
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      Page 2 Advertisements Column 2
      102 2 What do you know about your Business Partners Potential Acquisitions 1 Competitors r Markets Company Profiles is a customised service that gives you company information on ownership, size, structure, financial information, management, company history, investment, technology, staffing, and market information. We also offer customised Industry Profiles that are tailor-made to
      102 words
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      Page 2 Advertisements Column 3
      37 2 Complete training Low start-up costs Simple Concept Ranked #1 franchise for submarine sandwiches* Call today for a free brochure! 383-2551 www.aubway.com *Entnpran«f Magaznc 1997 325 Be Drive Milford.CTo646oU.SA Singapore Agent Tel: 383-2551 Fax: 383-2554 email: subway Ocyberway.com.sg
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      Page 2 Advertisements Column 4
      26 2 Bank disclosure report out in April, Pg 16 The Straits Times CLASSIFIED Where buyers and sellers meet Find a used furniture at a bargain. fit CATS.)
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      156 3 We've been building machines like this for over 50 years. To understand the meaning of the The ones that fly. i words No forces outside your control'. simply slip behind the wheel of the new SAAB 9-5 J**"' W i With over 50 years'of expert aircraft technology experience behind its
      156 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      East Coast projects face price pressure
      378 4  -  Dawn Ville prices slashed by 25% in re-launch By. Diana Oon [SINGAPOREI SMALL developer Soopto Development's relaunch of its Dawn Ville apartment project in Tanjong Katong at prices 25 per cent lower than its original launch price in late 1996 has turned up the
      378 words
    • Article
      Woodgrove Condo sells 45% – mainly to HDB upgraders
      294 4  - Woodgrove Condo sells 45% mainly to HDB upgraders Bulk of buyers at neighbouring The Woodgrove also HDB residents By. Ang Wan May DEMAND from HDB upgraders has fuelled the sale of 112 units, or 45 per cent, of Woodgrove Condominium in just one month. Developer Straits Construction says that most
      294 words
    • Article
      House Hunt
      1184 4 Property transactions for districts 15 and 16 (sectors 42 to 45 and 46 to 48) lodged from Jan26,1998 lo Mar 14, 1996. Jf PROJECT NAME/ MOP CONTRACT TENURE WLT-MT HU «F STREET NAME TYPE MIC LAND AREA' (soft, tsrtxn <s«) District 15 linn I anfiafl nor>*ijM>o#q Amber Park
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      327 4 19 TAI SENG DRIVE FOR SALE BY TENDER Description' 6-storey purpose-built light industrial building Built-in Area 89,245 sq ft (approx) Land Area 42,314 sq ft (approx) Tenure JTC leasehold, 30 +30 years w.e.f. 1 January 1991 2 entrances facing Tai Seng Drive Close proximity to PIE, Paya Lebar and Eunos
      327 words
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      Page 4 Advertisements Column 2
      59 4 INDUSTRIAL PROPERTY FOR SALE I YISHUN I Built-in 360,000/430,000 sq ft Land area 360,000 sq ft •Tenure 29+30wef 1 July 1989 90% Fully airconditioned Good loading facilities Ample carpark Own canteen Excellent corporate HQ Sale with vacant possession For more details, please contact: Or Amos K0h*****33 Mr Nicholas W0ng*****00 Mr
      59 words
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  • SOUTH-EAST ASIA
    • Article
      Thai opposition's no-confidence motion backfires
      653 5  -  Chuan slammed over reserves bat govt hits back with worse record of Chavalit From! Harish Mehta in Bangkok THE Thai opposition yesterday fell into the trap it had laid for the Chuan Leekpai government, when its no-con-fldence motion backfired. The opposition has now spent all
      653 words
    • Article
      Filinvest S'pore firm tie up in 2.6b peso venture
      144 5  -  From Al Labita in Manila LISTED Filinvest Land Inc (FLI), one of the Philippines' property giants, has tied up with a Singapore company, Land Pine Pte Ltd, to put up a 2.6 billion peso (*****.6 million) joint venture here. In a
      144 words
    • Article
      Lock icon Court demands US$50m damages from Ranariddh
      291 5 PHNOM PENH Move raises new doubts about peace process, say analysts Reuters A SURPRISE court demand for Prince Norodom Ranariddh to pay more than US$5O million (5580.3 million) dam ages raised new doubts about Cambodia's peace process yesterday, political analysts said. Prince Ranariddh, ousted
      Reuters  -  291 words
    • Article, Illustration
      Lock icon Gates committed to super corridor: Dr M
      395 5 KUALA LUMPUR Microsoft to invest Rmm in a software program to develop young talent in M'sia Bernama, AFP, Reuters MALAYSIAN Prime Minister Mahathir Mohamad yesterday said that Microsoft chairman and CEO Bill Gates has pledged his commitment to the Multimedia Super Corridor (MSC)
      Bernama,; AFP,; Reuters; AFP  -  395 words
  • Page 5 Advertisements
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      106 5 Let's talk Fbr a long time now, BT (British Telecommunications pic) has realised that no two businesses have 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 to suit your individual needs. So we
      106 words
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  • MARKETS IN TURMOIL
    • Article
      ABN Amro buys 75% stake in Thailand's Bank of Asia
      618 6  -  Taiwan's CDC pays 625 m baht to acquire a finance firm From. Harish Mehta in Bangkok IN A vote of confidence in Thailand, a major Dutch bank and a top Taiwanese investment bank yesterday took majority stakes in Thai financial
      618 words
    • Article
      Lock icon HongkongBank (M), Southern to absorb their finance arms
      434 6 More mergers of finance firms before Mar 31 deadline seen Reuters [KUALA LUMPUR] Two banks in Malaysia said yesterday that they will absorb their finance company units in an acceleration of moves to reduce the number of institutions in the overcrowded sector.
      Reuters  -  434 words
    • Article, Illustration
      Lock icon Yen slips through 130, Nikkei loses 2% as confidence falters
      809 6  -  Ten squashed by worry over economy; markets confnsed by mixed From, Anthony Rowley in Tokyo THE yen fell through 130 to the dollar yesterday and the Tokyo stockmarket went into sharp decline as markets appeared to give up hope of
      Source: Bloomberg  -  809 words
    • Article, Illustration
      Lock icon Students clash with police at several universities
      273 6 AFP [JAKARTA] Indonesian security forces clashed with students at several universities leaving at least 28 students injured, reports said yesterday. The clashes were at universities in Central and East Java on Tuesday, newspaper reports said. Students of the 11 March University were violently
      AFP; REUTERS  -  273 words
    • Article
      Lock icon US hopes new Indon cabinet will act on reforms quickly
      363 6 It says ministerial appointments are an internal matter Reuters [WASHINGTON] The United States said on Tuesday it hoped Indonesia's new cabinet would implement International Monetary Fund (IMF) reforms quickly but took no stand on President Suharto's ministerial appointments. A new
      Reuters  -  363 words
    • Article
      Ringgit jumps 16 sen despite weak yen
      273 6  -  By\ Larry Wee [SINGAPORE] The Malaysian ringgit jumped as much as 16 sen to 3.64 against the greenback in Asian trading yesterday, despite initial all-round weakness of regional currencies attributed to a fall of the Japanese yen through the important 130 support against
      273 words
    • Article
      Lock icon US senate panel puts conditions on IMF funds
      237 6 Bloomberg [WASHINGTON] A US senate panel has approved US$lB billion (5528.9 billion) for the International Monetary Fund after attaching a list of conditions opposed by President Bill Clinton. Under the measure, US$l4.5 billion will be withheld unless the IMF makes a series
      Bloomberg  -  237 words
    • Article
      Lock icon Jakarta to sell or wind up ailing state firms
      284 6 New minister says 70% of state firms are unhealthy Bloomberg [JAKARTA] Indonesia plans to soon sell or liquidate faltering state-run companies that are draining government resources and hurting the economy, said a minister quoting President Suharto. More than 115 state companies,
      Bloomberg  -  284 words
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  • FOCUS
    • Article, Illustration
      Lock icon Race to take over reins from Ramos
      701 7  -  A self-confessed womaniser, a parly loyalist and a former defence chief are all angling to be president By* Al Labita [MANILA] WHEN President Fidel Ramos subtly lobbied last year to extend his single six-year term, the power-hungry opposition stormed the streets, chastised him
      FILE PHOTO  -  701 words
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      79 7 ■■ffP IBBWP '.-3^HHB^*' 4 a '-.fe #^P r 3BH££? jjjj^H jfl r f J^l HL jS^^M wSKKK^^ ifM jgi^^^H .^r Passa/ i.fl Turbo Guaranteed COE If COE is You pay I t/ JQflrt/J $20,000 AUtOGTI 73 Bukif Tim h *d. »01-01 Tong Nam Building, Singapore *****2 Tel: *****44 Fok: 33*7797
      79 words
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      Page 7 Advertisements Column 2
      58 7 jKXeZaolxw iSi+Jß* ■fflPfcbf V, II I 1 tfcflx S3? i «KaS*#lo##SH! Touch up conveyor for computer/ monitor manufacturer. Complete from first Assy free-flow chain to final Assy. Nearly new/80% condition. Details will be faxed upon request. Please contact (65) 276 6977/ (6221) 634 0802 Buy It Sell It Find It
      58 words
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  • CHINA – HONGKONG – TAIWAN
    • Article
      Premier Zhu packs his cabinet with technocrats
      460 8  -  Presence of many new faces shows stress on competence than connections From. Lu Ning in Beijing ONE day after being appointed Premier of the State Council, Zhu Rongji yesterday unveiled his new cabinet composed mostly of well-edu-cated technocrats with a strong emphasis on
      460 words
    • Article
      Bayer ditches plans for Taiwan plant
      473 8  -  TAIPEI German giant polls out of NTssob project because of county opposition By\ Laurence Eyton GERMAN chemical giant Bayer is pulling out of a plan to build a NTSSO billion (552.4 billion) plant in Taiwan. The decision was announced yesterday by representatives of Bayer
      473 words
    • Article, Illustration
      HK launches pilot fixed rate home loan scheme
      496 8  -  HONGKONG Mortgage rates fixed at 10.5% for first three years By i Quak Hiang Whai HONGKONG'S move to promote fixed rate mortgages took a major step forward yesterday when the govern-ment-run Hongkong Mortgage Corporation (HKMC) launched a pilot scheme with two banks
      496 words
    • Article
      Lock icon Anson Chan denies quitting
      84 8 HONGKONG Reuters HONGKONG'S popular Chief Secretary dispelled speculation yesterday that she was leaving the government. "I was saying that I don't know where this rumour about my resigning or retiring has originated from," said Mrs Anson Chan, the deputy of Hongkong leader Tung Chee-hwa. "But I'm
      Reuters  -  84 words
    • Article
      Lock icon Insufficient proof behind HK dropping Wallace case
      234 8 HONGKONG Reuters THE Hongkong government said yesterday it had dropped all charges against a former banker with Merrill Lynch Co, Kevin Wallace, because it lacked sufficient evidence to prosecute him. "Our counsel said in court yesterday that we withdrew the charges due to
      Reuters  -  234 words
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      59 8 jmirtg a 9 enda fMturMgyjjjMies which drill prfMßLWwimgjjfatngsi r "^F^iwlßP^B i^^^yotfwjSi^.l>Mj!gLß jaiinKni l ffiini|fl 1 11 jiiiLWgi^^Bßfc^g^^B H4ftgjgßgß» Business News part ufijjW Mffl|iy Jjpiini im«i A Service of NBC A Dow Jones s(^ M X CNBC Asia Business News is available on channel 15 of Singapore Cable Vision. For more
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  • ASIA
    • Article
      Lock icon Industrial disputes at 57-yr low in Australia
      239 9 CANBERRA Bloomberg THE number of strikes and other industrial disputes in Australia last year fell to the lowest since 1940, a government report shows. There were 446 industrial disputes in 1997, according to the Australian Bureau of Statistics, causing 528,800 lost working days,
      Bloomberg  -  239 words
    • Article, Illustration
      Lock icon BJP front swears by reforms, but with a nationalistic slant
      482 9  -  The coalition, which will assume power today, targets 7-8% GDP, job creation From Rajendra Bajpai in New Delhi INDIA'S Prime Minister-des-ignate Atal Bihari Vajpayee of the Hindu-nationalist Bharatiya Janata Party (BJP) and his allies yesterday promised to continue with economic
      AFP  -  482 words
    • Article
      Lock icon S Korea current account surplus hits new record
      424 9 SEOUL February figure tops USs&Bb as imports tumble 29.5% Bloomberg SOUTH Korea registered a record surplus in the trade of goods and services in February as a weakened currency savaged imports and made exports of steel and computer chips more competitive. The
      Bloomberg  -  424 words
    • Article, Illustration
      Lock icon When an old friend pops into town, he brings capital
      561 9 SEOUL Prince Alwaleed's Korean investments a result of old ties Bloomberg [SEOUL] When Saudi billionaire Prince Alwaleed Bin Talal agreed this week to invest US$l5O million (Ss24l million) in two South Korean firms, he was repaying a de-cades-old desert friendship.
      Bloomberg  -  561 words
    • Article
      Lock icon Top BOJ officials to step down as part of clean-up: reports
      313 9 TOKYO Six exec directors to quit after departure of governor, deputy Bloomberg THE remaining upper echelon of Japan's central bank will step down to complete a house cleaning of the bank that began with the resignations of governor Yasuo
      Bloomberg  -  313 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      187 9 Nacional Financiera, S.N.C. (A National Credit Institution and Development nank of the United Mexican States) acting through its (.irand Cayman Branch U.S. $250,000,000 Floating Rate Notes due March 1999 For the three months 17th March, 1998 to 17th June, 1998 the Notes will carry a Rate of Interest of 6.6875%
      187 words
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      Page 9 Advertisements Column 2
      20 9 The Compass Rose. The restaurant above the world s tallest hotel. 1 he Westin Stamford. Cail 431 6156 for reservations.
      20 words
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  • THE WORLD
    • Article
      UK tax cut sends stocks jumping 1.2% to new high
      515 10  -  Poand hits 9-yr high; overvalued currency won't derail bull market, says analyst From, Neil Behrmann in London THE London stock market soared to a record high and sterling hit nine-year peaks against the deutschemark as financial markets digested Chancellor of
      515 words
    • Article, Illustration
      Beware the Ides of March
      816 10  -  LBTTHRFBOM WASHDfGTOM Clinton's credibility, If not his political date, Is on the By Leon Hadar LIKE Julius Caesar, President Bill Clinton received an early warning about a political and personal catastrophe that would take place on March 15. But while in ancient Rome, the Ides
      816 words
    • Article
      Lock icon Santer unveils EU's vision for 2000
      360 10 I BRUSSELS Reuters EUROPEAN Commission president Jacques Santer yesterday unveiled a vision of the European Union of 2000 and beyond, heralding a radical spending shake-up to accommodate prospective new members. Calling it a "vast undertaking", Mr Santer told a news conference that "developing a
      Reuters  -  360 words
    • Article
      Lock icon Greenspan gives thumbs up to controversial banking reforms
      255 10 WASHINGTON Reuters FEDERAL Reserve chairman Alan Greenspan gave his support on Tuesday to legislation put forth by house Republicans intended to replace the US' Depression-era banking and financial services laws. Mr Greenspan's backing of the controversial measure came only a day after
      Reuters  -  255 words
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      935 10 HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Harimau Investments Limited wishes to make the following announcement: 1. AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1997 GROUP COMPANY For The Year Ended Incr/ For The Year Ended Incr/ 31.12.97 31.12.96 (Deer) 31.12.97
      935 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      China's savvy in currency crisis pays off
      766 11  -  THH BOTTOMLDIE OPINION By Tye Kim Khiat The writer is BT's deputy foreign news editor WILL it or won't it? That has been the yuan question on everybody's lips ever since the currency turmoil swept through the region last July. As East Asian
      766 words
    • Article
      IN OTHER WORDS
      137 11 'Right now we can't even seem to shoot down Iraqi Scud missiles. But we'll have to find a solution to the asteroid problem some day, and that day may be approaching.' Dr Brace Murray of the California Institute of Technology, on the chances of an asteroid hitting
      137 words
    • Article
      Who is liable for Japan's woes ?
      644 11 Who is liable for Japan's woes EDITORIAL LEADING member of Japan's ruling Liberal Democratic Party, ShizuM ka Kamei, declared this week that "responsibility for any ministry or agency which does not function properly should be shouldered by political figures". It was a pointed statement by Japanese norms, given the way
      644 words
    • Article, Illustration
      Lock icon Will Asia bounce back sooner than expected?
      900 11  -  Market fickleness which undermines an economy can just as rapidly help it rebound, says expert By' Vikram Khanna The writer is BT's regional economics editor THERE is a view gaining ground that just as Asia's economic miracle was long on hype, so too
      FILE PHOTO  -  900 words
    • Article
      Prizes for inane company reports?
      320 11  -  MAILBOX Low Koon Hoong Singapore via Internet IF THERE is an award for the most inane statement made by listed companies in their announcements of their annual (1997) results, Sembawang Marine Logistics' statement that their directors "expect the Group to continue to be profitable" would
      320 words
    • Article
      Corporate governance in Malaysia in dire state
      100 11  -  S Wong Kuala Lumpur via Internet THE revised terms of Sime Darby's sale of its 60 per cent stake in Sime Bank to KUB shows, yet again, the dire state of corporate governance in Malaysia. Analysts are nowhere as perplexed as they are
      100 words
    • Article
      SingTel already offers global end-to-end data and voice services
      382 11  -  Foo Kim Leng (Ms) Corporate Communications Manager Singapore Telecom WE REFER to the article headlined "US telecoms firm World Com opens S'pore ops centre" (BT, March 12). It was mentioned in paragraph 4 that "by contrast, Sing Tel offers only local
      382 words
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      28 11 DOOHESBURY By Garry Trudeau -Z I m tug/s KiPNAPP/Ne, RRR k I fweup! sues vsFy<*jeii f1 DO YOU KNGtVTHGT* f \&NrT, M CONNECTED IN SEOT7I£/ \zBKB7HIS M NOT
      28 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Hitchhiker's guide to the Galaxy
      943 12  -  You are in for a treat if you manage to thumb a ride in this Ford MPV, says Christopher tam CHRISTOPHER TAN SAY you're seeing the world on a teeny-weeny budget. And you're good with people, or at least they don't seem to mind you.
      CHRIS LOH  -  943 words
    • Article, Illustration
      Renault's Espace is a clean, neat and youthful MPV
      966 12  -  One of the best MPVs in town, it handles well, provides a tnrbulence-free ride and has lots of room By i Christopher Tan WHEN Renault first introduced the Espace here in 1984, I was just into my second year in Business
      966 words
    • BUMPER to BUMPER
      • Article
        Mobil launches all-in-one csahboard
        91 12 MOBIL Oil Singapore has introduced a new multi-utility smartcard that's an electronic road pricing cashcard and a fUel card. It can also be uaed fbr Mobil Mart purchases, with users entitled to 5 per cent off all lubricants. As with previous Mobil ftiel cards, holders enjoy
        91 words
      • Article
        S'pore Motor Show at Suntec in Nov
        76 12 THE Singapore Motor Show opens at Suntec City from Nov 14-22. Representatives of 29 makes and 30 dealers in automotive products and services have so Car signed up tor over 8,000 sq m of exhibition space. This is down from 9,000 sq m
        76 words
      • Article
        Get online with Cycle & Carriage
        35 12 Get online with Cycle Carriage CYCLE Carriage has launched four websites on the Net to facilitate enquiries and feedback from customers, the press and the general public. The four sites are: www.cydecarrlage.com.Bg;www.mercedes-benz.com.sg; www.mitsubishicars.com.Bg; and www.proton.com.sg.
        35 words
      • Article
        New Mitsubishi models roll out
        81 12 CYCLE ft Carriage has also launched three new Mitsubishi models, namely the Galant Mivec, the Spacewagon Chariot (fitted with a 2.4-litre direct-injection engine), and the sporty FTO coupe. The first batch of FTOs is already spoken for. The new Spacewagon is creating a lot of
        81 words
      • Article, Illustration
        Now you see the rain, now you don't
        90 12  -  Compiled by Christopher Tan NISSAN has developed a new wing mirror that retains a high level of visibility even when wet A special coating prevents rain droplets from forming, and actually stretches water over the surface more evenly. So what you get
        90 words
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      Page 13 Advertisements Column 1
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      Page 13 Advertisements Column 2
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      Page 13 Advertisements Column 3
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      Page 13 Advertisements Column 4
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      Page 13 Advertisements Column 5
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
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      701 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      195 13 CRYPTIC CROSSWORD doned ambitions (5,4) Lni Lm| —Ul_ 16 Giving grounds for Minnesota diet, possibly 22 Cover for the van (5) 26 Slimmer does not want this orhe saw himself (9) 29 Tu f rke y a to consume 14 Order of dice thrown over YESTERDAYS SOLUTION in least (5)
      195 words
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      113 14 PI lv PPSf?M4^^#^s..'t':*».'• W t r*Xf&\i t T** j ;.i i I %h i"* -v* fc *SFj4%s&jJH£"^V 4 **>**" a **t# :*^^^fiSW^^»^ '"'it i<l ry i a fc yf *Ofe» v~- yft' .g. »tf i.*' "3, 'i-T *.V? a, "v '5 'r -a &?&**>■ *£rst -wrAif-fs.'x.-?>. •->. v tf <
      113 words
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  • COMPANIES & MARKETS
    • Article
      Hongkong Land earnings fall 9% to US$395m
      544 15  -  Its chairman warns 1998 will feel full brunt of property oversnpply From Loh Hui Yin in Hongkong HONGKONG Land, the central business district's dominant landlord, saw its aftertax earnings fall 9 per cent to US$395 million (*****.2 million) last year, with chairman Simon
      544 words
    • Article
      Lock icon Dairy Farm results soar but firm warns of Asian fallout
      252 15 Reuters [LONDON] Retailing and wholesaling group Dairy Farm International Holdings Ltd yesterday warned that economic conditions in Asia will affect its performance. "The difficult economic conditions in Asian markets will inevitably affect Dairy Farm's performance," chairman Simon Keswick said. But
      Reuters  -  252 words
    • Article
      Lock icon 25% profit fall for HK's Mandarin Oriental
      268 15 AFP [HONGKONG] Hongkong's Mandarin Oriental said yesterday net profit fell 25.1 per cent from a year earlier to US$45 million (5572.3 million) in the year to December, hit by the Asian turmoil. It said total revenue of hotels under management rose 3.7 per
      AFP  -  268 words
    • Article
      Are analysts'forecasts for retailers too optimistic?
      659 15  -  HOCK LOCK SIEW Jenny Lam DESPITE the economic uncertainties in Singapore and the region, investment analysts are surprisingly upbeat about the outlook for listed retailers, According to analysts' consensus forecasts in the March issue of The Estimate Directory, broking houses expect most of the
      659 words
    • Article, Illustration
      Lock icon Hersing shares debut with an 18% premium
      240 15 ERA Realty's parent company also tops actives list (SINGAPORE) Hersing Realty shares closed at 42.5 cents, or 18 per cent higher, on its debut on Sesdaq yesterday. Hersing parent of property agency ERA Realty Network topped the actives list with 24.3 million shares
      Source: Bloomberg  -  240 words
    • Article
      Lock icon News of more COEs pushes up motor shares
      216 15 Cycle L Carriage gains 45 cents and Inchcape 10 cents Bloomberg [SINGAPORE! Shares of car distributor Cycle Carriage Ltd surged after the government said it will release more Certificates of Entitlement (COEs) for cars. The government's move comes even as it finds
      Bloomberg  -  216 words
    • Article
      Lion Asiapac in the black with $2.8m profit
      174 15 [SINGAPORE] Lion Asiapac yesterday reported a return to the black for the half-year ended December 1997 with net earnings of $2.8 million, reversing net losses of the same amount in the previous corresponding period. Group" turnover also rose 12.6 per cent to
      174 words
    • REGIONAL COMPANIES
      • Article
        Citic Pacific net profit rises 8% as gearing soars
        690 16  -  Earnings of HKs7.37b fall short of consensus forecast ofHHsB.27b From< Quak Hiang Whai in Hongkong CITIC Pacific yesterday unveiled a lower-than-expected 8 per cent increase in net profit to HK57.37 billion (Ssl.s billion) for last year and a sharply increased gearing
        690 words
      • Article
        Bank disclosure report out in April
        254 16  -  Overall banking disclosure standards will be main focns By Clarissa Tan [SINGAPORE] The Banking Disclosure Standards Committee will release its recommendations for better corporate disclosure in Singapore by end-April, head of the committee Elizabeth Sam said yesterday. While the recent round of bank results
        254 words
      • Article
        MAS: 6 banks' recent data exceed standards
        419 16  -  Its remarks follow rating agencies' call for more details By. Larry Wee [SINGAPORE] Responding to recent comments by two international rating agencies, the Monetary Authority of Singapore (MAS) said yesterday that detailed information provided by six local banks recently on their exposure to
        419 words
      • Article
        Lock icon China Telecom set to buy Jiangsu mobile phone network
        444 16 Reuters [HONGKONG] China Telecom (Hongkong) Ltd is set to use the proceeds from Hongkong's biggest ever share sale to buy one of the largest cellular networks on the mainland, analysts said yesterday. The unit of China's Ministry of Posts and Telecommunications
        Reuters  -  444 words
      • Article
        Wassall posts $2.3m net losses
        213 16 [SINGAPORE] Axle and suspension manufacturer Wassail Asia Pacific went into the red last year due to the Asian turmoil, with net losses amounting to $2.3 million. This year offers little respite too, as Wassail said yesterday the group was "unlikely to return to profit". Turnover
        213 words
      • Article, Illustration
        Lock icon Proton to slash output of cars by 60%
        423 16  -  From Ruth Wong in Kuala Lumpur MALAYSIAN national carmaker Perusahaan Otomobil Nasional Bhd (Proton) will cut the production of Proton cars by 60 per cent due to slower car sales. "In view of the massive market downturn, we have to revise our
        FILE PHOTO  -  423 words
      • Article
        Lock icon Nestle to invest RM150m in Malaysian plant this year
        220 16 AFP [KUALA LUMPUR] Nestle (M) Bhd is to invest another 150 million Malaysian ringgit (5564.8 million) in its manufacturing plant in Malaysia this year although it expects lower earnings, a report said yesterday. "We have made good during the good times
        AFP  -  220 words
      • Article
        Lock icon Peregrine gets winding up order
        115 16 Reuters [HONGKONG] A Hongkong court yesterday granted the winding up order for Peregrine Investments Holdings Ltd and its Peregrine Fixed Income Ltd and Peregrine Derivatives Ltd subsidiaries. Price Waterhouse said. "The winding up order has been granted for Pere- grine Investments, Peregrine Derivatives and Peregrine
        Reuters  -  115 words
      • Article
        Lock icon Sino Hotels interim slumps 66.6% to HK$28m
        260 16 AFXAsia [HONGKONG] Sino Hotels Holdings Ltd, controlled by Robert Ng, yesterday reported sharply lower profits for the half-year ended Dec 31. The company said net profit fell 66.6 per cent to HK527.87 million from HK583.45 million in the corresponding period. Earning per share
        AFX- Asia  -  260 words
      • COMPANY Briefs
        • Article
          Hotel Negara cuts losses to $1.6m
          79 16 [SINGAPORE] Hotel Negara reduced its net losses to $1.6 million for the year ended Dec 31, against losses of $4.4 million the year before. Turnover rose 35.9 per cent to $13.4 million. The company expects economic uncertainties in the region to affect its operations
          79 words
        • Article
          MMI reports interim profit of $6.9m
          121 16 [SINGAPORE] Precision machining group MMI Holdings posted net profit of $6.9 million for the half year ended Dec 31. Interim figures for 1996 were not available as this is the first interim result since its listing. For the year ended June 1997, MMI posted
          121 words
        • Article
          CM Telecom gets nod for warrant issue
          73 16 [SINGAPORE] Malnboard-listed CM Telecom International said yesterday<hat it has received shareholders' approval for its bonus warrant issue as well as its employees' share option scheme. The warrants will be granted as a bonus issue to shareholders on the basis of one warrant for
          73 words
        • Article
          Chief exec for Compart Asia
          58 16 [SINGAPORE] The Broadway Industrial Group has named former Goldtron Electronics chief executive Peng Chian Chua as the chief executive of Compart Asia, the Singapore unit of its precision machining arm. Compart Group. The group also named three US-based independent directors to the board of Compart
          58 words
        • Article
          Lock icon DRB granted waiver on Gadek
          74 16 AFX-Asia [KUALA LUMPUR] Diversified Resources Bhd said it has been granted a waiver from making a mandatory general offer for the remaining shares of Gadek (Malaysia) Bhd. The company said the Securities Commission granted the waiver subject to two conditions: the existing structure and members
          AFX-Asia  -  74 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon ASX gets tough over millennium computer 'bomb'
        431 17 Firms which don't disclose plans to solve bug by June 30 face suspension FT (SYDNEY] The Australian Stock Exchange (ASX) on Tuesday told its 1,200 listed companies to disclose their plans for dealing with the millennium computer "bomb" by June 30 or face
        FT  -  431 words
      • Article
        Lock icon Aussie firms surprise with 15-20% profit jump
        243 17 Reuters [SYDNEY] Australian companies averaged a 15-20 per cent net profit rise in the latest reporting season, surprising analysts and investors who had braced themselves for Asia's impact. The results, which for most companies represented the first six months to Dec 31, were
        Reuters  -  243 words
      • Article
        Lock icon Toshiba aircon factory gives staff 5-day break in March
        294 17 Drop in shipments prompts company to scale back ontpnt Bloomberg [TOKYO] Toshiba Corp, the world's largest maker of notebook computers, said it is giving workers at its Fuji airconditioner factory a five-day holiday this month as it scales back production. This
        Bloomberg  -  294 words
      • Article, Illustration
        Lock icon Picture perfect
        69 17 [HANOVER] Student Barbara Germerhausen taking a picture yesterday with a new digital camera that has been installed at Hanover airport to be used by visitors arriving for the CeBIT computer fair. The portrait seen by the diskette camera appears on a screen and if the client likes it,
        AFP  -  69 words
      • Article
        Lock icon Goldman's Cohen sees US stocks heading upwards
        285 17 Bloomberg [NEW YORK] Goldman, Sachs Co's Abby Joseph Cohen, one of Wall Street's most reliable and optimistic strategists, said on Tuesday that US stocks are headed higher because the American economy will continue to grow without inflation. The prediction was music to the
        Bloomberg  -  285 words
      • Article
        Lock icon New system to produce McDonald's
        145 17 Reuters [ORLANDO, Florida] McDonald's Corp is officially unveiling this week to thousands of franchisees its new sandwich production system, which the company promises will increase customer satisfaction, raise restaurant profits and allow for new additions to the menu. McDonald's, faced with ev-er-intensifying competition in the
        Reuters  -  145 words
      • Article
        Lock icon Dow Jones to sell market news division to Bridge
        371 17 Bridge will pay USs36om cash, USslsom in stock Bloomberg, Reuters [NEW YORK) Dow Jones Co has agreed to sell its market news division to Bridge Information Systems Inc for US$5lO million (SsBlB.B million) in cash and stock. Bridge, a privately-held financial
        Bloomberg,; Reuters  -  371 words
      • Article
        Lock icon AT&T eyes overseas tie-ups to speed up growth
        250 17 Bloomberg [NEW YORK] AT&T Corp chief executive C Michael Armstrong said the nation's largest telephone company will invest in and team up with other companies in international phone markets in a bid to grow faster. AT&T will also add stores and catalogues
        Bloomberg  -  250 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Chase to axe 4,500 jobs, taking US$320m charge
        463 18 (L 5% of staff to go as bank cuts costs, invests in lucrative areas; shares np Bloomberg [NEW YORK] Chase Manhattan Corp, the biggest US bank, said it will cut 4,500 jobs, or 6.5 per cent of its staff, to reduce costs
        Bloomberg  -  463 words
      • Article
        Lock icon UK's Ispat buys Inland Steel of US in US$1.4b deal
        313 18 FT [CHICAGO] Ispat International, the fast-growing Brit-ish-based global steel company, will buy Inland Steel, the sixth largest US steelmaker, in a US$l.4 billion (552.3 billion) deal. This will make it the world's eighth biggest steelmaker, with 12.5 million tonnes in
        FT  -  313 words
      • Article
        Lock icon Washington Mutual to buy H F Ahmanson
        471 18 USSIOb deal will create California's No 2 financial group Reuters (LOS ANGELES] Less than a year after they squared off in a bitter takeover fight, Washington Mutual agreed on Tuesday to buy H F Ahmanson Co for US$lO billion (Ssl6 billion) in stock,
        Reuters  -  471 words
      • Article
        Lock icon Credit Suisse makes extra provisions of 1.6b francs
        433 18 FT [ZURICH] Credit Suisse is to further strengthen its balance sheet after management consultants and a new auditing firm reviewed its problem loans. The Swiss banking group is making 1.6 billion Swiss francs (Ssl.7 billion) in extra provisions and charges even though
        FT  -  433 words
      • Article
        Lock icon S&P cuts JP Morgan debt rating to AA
        358 18 Move reflects unpredictability of bank's earnings Bloomberg [NEW YORK] JP Morgan Co's debt rating was lowered to AA by Standard Poor's Corp, its lowest ranking ever, because the bank's earnings are becoming less predictable as it relies on trading and investment banking
        Bloomberg  -  358 words
      • Article
        Lock icon JGBs pare gains after record high
        236 18 Reuters [TOKYO] Japanese government bonds (JGBs) pared gains in late trading yesterday after a sudden swoon in the stocks prompted concerns investors would take profits from bonds before the fiscal year end, traders said. "If you can't take profits in stocks, you have to
        Reuters  -  236 words
      • Article
        Futures fall in line with stock index
        156 18  -  MSCI TAIWAN FUTURES Cecilia Loh Cecilia Loh, service dealer, Refco Singapore Pte Ltd [SINGAPORE) The Simex MSCI Taiwan Stock Index futures contract tumbled 4.80 points in response to the 92.89 points fall in the Taiwan Weighted Price Index. The March 98 contract was
        156 words
      • Article
        Lock icon Opec basket price falls below US$l11
        277 18 ENERGY REPORT Bloomberg [VIENNA] The Organisation of Petroleum Exporting Countries said the price of the Opec basket of crude oils fell below US$ll a barrel for the first time since November 1988. The benchmark price was US$lO.9l a barrel on Monday, up from U5511.54
        Bloomberg  -  277 words
      • Article
        Lock icon CURRENCY REPORT
        280 18 AFP London STERLING chalked up gains on the London forex market yesterday after a drop in the morning in reaction to data on UK wages and retail sales that briefly put a damper on speculation about a possible increase of British interest rates. Sterling was up in early
        AFP  -  280 words
      • Article, Illustration
        Untitled
        1161 18 NTBRRAMR CROSS RATES Maris AS C$ trn ECU fir f MK$ trttofcFt* Yen Won m m$Nfct« Nt S> land Xr m MlHm tttt Austria 0.946 6.178 0.612 4.071 1.2)4 5.165 ***** ***** 0.869 9.904 2.460 1.170 29.40 26.131 1.073 IM 09* 2U74 27.401 0J99 0167 Canada 1057 5.852 0.647 4.306
        1,161 words
    • Article
      COMMODITY PRICES
      1622 19 SICOM PDTOMB Mar 18 RUIKR (Mwts dosaq »it SJOpa) RSS 1 cMts/kq! CtoM Vnl—t Opon WHO law Sott (toawaa) trtarart Apr 98 n2.25 475 M«V 98 118.50 116.00 116.00 600 2300 Jon 98 118.75 3475 J#lA«p 98 125.00 4095 OcVDet 98 132.75 5625 •WM* 99 136.25 135.75 136.25
      1,622 words
    • Article
      WORLD STOCK MARKETS
      2226 19 LONMN latfastriits Warn Peace 31 Group 603 3 AB Ports 376 -6 Abbey National 1188 8 A KM Domecq 582 -1 Am* 161 *2.600 Amu Group 200.600 6 BAT Ind 638 *6 BGPte 300 -1 BKC_ 149 -3 BOC Group 959.400 -20.600 BR Petroleum 814 unch BTR
      2,226 words
    • Article
      Lock icon TOKYO
      1615 19 Bloomberg, AFP Nikkei 225 -377.52 JAPANESE share prices closed 2.2 per cent lower yesterday, with selling gaining momentum as the yen tumbled to two-month lows against the dollar, brokers said. The key Nikkei stock average of 225 leading issues on the Tokyo Stock Exchange fell 377.52 points to end
      Bloomberg,; AFP  -  1,615 words
    • Article, Illustration
      Lock icon HONGKONG
      1518 20 Bloomberg PHangSeng -133J0 HONGKONG stocks fell yesterday for the first time in four days, erasing most of the week's gains. HSBC Holdings pic accounted for more than than half of the main index's decline. The UK-based parent of Hongkong's two biggest banks dropped 2.6 per cent to HK$223 after
      Bloomberg  -  1,518 words
    • Article, Illustration
      Lock icon CHINA
      600 20 Reuters Q Shenzhen B Index -Ml SHENZHEN'S B Share Index closed lower in sluggish trade yesterday due to weakness on the neighbouring Hongkong stock market, analysts said. The B Index slumped 0.61 point, or 0.63 per cent, to 96.35 on turnover of HK$ll million against Tuesday's HK$l2 million. The
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  600 words
    • Article
      Lock icon TAIPEI
      343 20 AFP QWPMg -urn TAIWANESE stocks fell yesterday on strong selling pressure on the technology sector, brokers said. Analysts said high-priced technology shares slipped after Taiwan's Compeq Manufacturing released worse-than-expected earnings per share. High-margin lending also had investors worried that any jitters could trigger the mainboard to spiral downwards, said
      AFP  -  343 words
    • Article
      Lock icon WELLINGTON
      246 20 AFP Q Wellington ♦2U7 AN UNEXPECTEDLY early loosening of monetary conditions by the central Reserve Bank saw New Zealand stocks jump 1.1 per cent yesterday. The NZSE-40 rose 26.57 points to 2,337.34 on turnover of NZ595.5 million with Telecom rising 18 cents to NZsB.69— AFP IfcrM *h CM AM7
      AFP  -  246 words
    • Article, Illustration
      Lock icon BANGKOK
      801 20 AFP P SET fata -l&Q THAI shares fell 2.0 per cent at the close yesterday as investors took profits during a parliamentary censure debate against the government, analysts said. Selling in large capitalisation stocks such as Bangkok Bank and the Petroleum Authority of Thailand Exploration and Production (PTTEP) dragged
      AFP  -  801 words
    • Article
      Lock icon SEOUL
      404 20 AFP Q Composite Index +157 SHARE prices closed mixed on the Korea Stock Exchange yesterday on a technical rebound with blue chips drawing fresh interest, dealers said. Amid positive sentiment stemming from a February current account surplus, foreign investors entered the market late in the session, they said. The
      AFP  -  404 words
    • Article
      Lock icon SYDNEY
      592 20 AFP F1 AO Primaries *15 SHARES closed higher yesterday on strong performances by bank and insurance stocks, brokers said. The Australian Stock Exchange's All Ordinaries Index gained 2.5 points to 2,769.6. The All Industrials Index finished 11.9 points stronger at 4,775.2, while the All Resources Index slipped 6.3 points
      AFP  -  592 words
    • Article, Illustration
      Lock icon JAKARTA
      671 20 AFP, AFX-Asia Q Composite Index -BJ4 INDONESIAN shares slipped 1.6 per cent yesterday on concerns over talks between the Indonesian government and an International Monetary Fund team, dealers said. "Most people are not willing to take any positions before the IMF team announces its final decision. There is no
      AFP,; AFX-Asia  -  671 words
    • Article
      Lock icon MANILA
      295 20 AFP PMuiik *4415 PHILIPPINE share prices closed 2.0 per cent higher yesterday on the back of a stable peso and an expected fall in interest rates. The Philippine Stock Exchange Index gained 44.15 points to 2,283.96. Volume rose to 1.03 billion shares worth 2.4 billion pesos compared to 866.9
      AFP  -  295 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Stronger ringgit lifts KL stocks
        374 21 AFP 11 Composite Index »&34 MALAYSIA'S key stock index closed 0.9 per cent higher yesterday on local support for blue chips as sentiment improved on a stronger ringgit, dealers said. The Kuala Lumpur Stock Exchange's Composite Index rose 6.34 points to end at 706.55 while
        AFP  -  374 words
      • Article
        Untitled
        8537 21 MMtSTMMJ Cmmmt prefects Laat Vol Day Net Cap I— Cl—My «H •OOP MN> Law P/C Mj 310 180 Aiinomoto 279 21 3 279 260 15.5 113.1 148 73 Angkasa 112 1 6 112 112 2.6 165.1 290 123 Apollo Food Hlg 200 unch 8 200 200 5.8 80.0 388 190
        8,537 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3559 22 BONDS, LOANS i WAMANTS 1997/98 Last V«4 Day Last Ouota Ava Mlgn Law Stno Camp any Ma *ar- COOOl High Lao Buyer Salter Price 68 9 m 3000 rr I 81 a 3160 A Acer ******1USS 13.5 *0.5 4 «3.5 13.5 13 14 13' 8.5 3164 Acma ******4 22 *1
        3,559 words
      • Article
        ER wrt: fairly good set of numbers
        188 22  -  WARRANT WATCH By] R Sivanithy ELECTRONIC Resources' shares have been quite active lately and although they came under some considerable pressure yesterday, they managed to hold up pretty well. Something could be cooking, so maybe a quick evaluation of the company's warrants is
        188 words
    • Article
      CLOB INTERNATIONAL
      2230 22 Transaction date Mar 18 MALAYSIAN STOCKS Gr Or WT/9 Val On LaatOuata M* D* YM Nat M Cap HM» L— Stno Com»«nY hH (*000) U» Hyar «—ar CVr E/t <W 478 28 mi 5000 AISBSOc 93 *25 290 95 915 93 915 5.0 35 15 37.7 95.4 137
      2,230 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6480 23 Transaction date M..i 18 Or Or M Wt 1997/98 Lilt V« Day Lnt Ouott DW Olv Yld Nat Cap Avq High Low StHo Company Solo COOO) High Low Buyer Seller C'vr P/t SmM Price MMJSTKALS 157 18.5 o 1020 ACE 0ynwn*ci60c... 35 unch 20
      6,480 words
    • Article
      SESDAQ
      1065 23 1997/98 Last VI Da* LMt Owrt. M Ok ni Nri Ca* A?« Hl» L— Mm Ciimi roooi C— 8a8ar Car P/C Wn 186 76 0 2000 ABRHMgsSc 102 O 2 102 99.5 99.5 103 3.0 6.0 02 14S.7 45.4 98 448 76 2049 AS Auto 10c 188 -8 414
      1,065 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        230 24 Stocks VoJtMM Hersing 5c 24,264,000 IPC Cofpn 5c 15,421,000 DBS Land 13,003,000 Wing T*i 25c 12,726,000 Hotung In* NT5 12,487,000 'Sime Darby 50c 9,299,000 *MBf Capital 9,094,000 •Renong Bhd 50c #,959,000 Keppel Land 50c 8,408,000 STEngglOc 6,925,000 Stocks DBS Land 34,213,072 DBS Foreign 28,740,411 City Dev 50c 24,499,467 Wing Tai
        230 words
      • Article, Illustration
        HOT STOCK
        53 24  -  -by Shiv Taneja NIPPECRAFT closed half a cent higher at 15 cents yesterday on volume of 2.71 million shares, compared with its 10-day traded average of one million units. In the near term, the counter will trade downwards, but not by much, as there is strong support at
        53 words
      • Article, Illustration
        Property stocks and firm ringgit boost market
        637 24  -  STOCK MARKET COMMENTARY DBS prime rate cut expected to send prices higher By R Sivanithy [SINGAPORE] Trading in the local equity market yesterday Tuesday's pattern, with property stocks turning in yet another good showing and with selected second-lin-ers enjoying rotational interest. Rounding off
        637 words
      • ON THE GRAPEVINE
        • Article
          Not a big burden for BAT
          98 24 BAT (Singapore) may have seen its pre-tax profit fall 12 per cent to $41.2 million last year, but it is nevertheless upping the rewards for directors. Their fees, from just under $1.5 million in 1996, increased to almost $2 million last year up some
          98 words
        • Article
          A dish by any name...
          61 24 BT READERS who are gastronomically adventurous should try this dish in the famous German beer joint, Paulnaer Brauhaus, which comes with the intimidating name of Huhnerfleisch serviert nach Hainannesisdre Art mit sedun stetem Reis und Salat. For those rare few in Singapore who could not
          61 words
        • Article
          Pay rise for Peregrine founder
          114 24 FRANCIS Leung, co-founder of the ill-fated Peregrine, has been given a raise after moving over to BNP. Reports from Hongkong said the so-called "father of red chips" has his monthly salary increased from HK5167,500 (5534,756) to about HK$3OO,OOO, up some 80 per cent. At the
          114 words
        • Article
          Not the National Enquirer
          205 24 COMPUTER major Digital Equipment Corp is fast learning that humour is sometimes the best way to cope with unwelcome attention. Personal computer giant Compaq Computer announced in January that it would acquire Digital, which was once Number Two behind IBM but lost its way in the
          205 words
        • Article
          Turned cold by gold
          126 24 THE response to China's latest move to align domestic gold prices with international prices seems a little "cold blooded" by any measure. According to the World Gold Council, the president of the China National Gold Corp welcomed the move with open arms, without tempering his unbridled
          126 words
        • Article
          No electronic sex commerce, please
          114 24 SINGAPORE is wiring up to go into electronic commerce big time, but one kind of electronic commerce will not come here adult websites. Local Internet entrepreneur Wong Toon King said he was amazed at how much electronic commerce was occurring at adult websites during his
          114 words
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      Page 17 Advertisements Column 1
      196 17 The NEC MultiSync MTBIO MTIOOO LCD Projectors. The MTBIO MTIOOO offer outstanding, highresolution image quality designed to every (AlMfi-Oi*t Unbeatable Remote Control This stylish remote with built-in Q QQQonty laser pointer allows tjQ,W^ Quick access to key features and image adjustments of brightness and colour contrast Computer and presentation MultiSync
      196 words
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      Page 17 Advertisements Column 2
      146 17 till Hm I IBBPiSip! The Nl/S Graduate School of Business combines rigorous business education with a profound understanding of Asia. HfIMMHIM BMBA general management programme with flexibility for to specialise In a particular as finance or marketing MSc (Management of Technology) programme designed specialty for candidates involved in R D,
      146 words
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      41 21 •Jill UB ■•■lii Law )id I h L*fl II i T'\ hj I i r»"X mrmL*l *r*j j r»TiTTjji4 Jixh i r*yx ■•T« L i i CI ass If i oat I oris 402-568: Properties I 0 1 ftVBBHNHBHIHNMMRMMMBMMNMMMHMNHMHBR'WMMMSHMMNftfINMNMMBnRM|PM!i |a p^HF'Q9HKKIB!MVSMHHHHHI^^
      41 words
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      31 22 ADREAMBOSS Secretaries, what do you want in a dream boss? Call Simone at 740-1265 and we may feature him in the Secretarial Administrative Careers supplements in The Straits Times i 3
      31 words
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      696 24 BUSINESS Notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BALL TECHNOLOGY PTE LTD (In Members' Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act, Cap. 50 the Final Meeting of Members of
      696 words
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      Page 24 Advertisements Column 2
      502 24 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BALI REGIONAL CAPITAL PTE LTD (in Voluntary liquidation) NOTICE Of RESOLUTION At an Extraordnary General Meeting of the members of BALI REGIONAL CAPITAL PTE LTD duly convened and held at 153 New Bridge Road. #15-05 Chinatown
      502 words
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      Page 24 Advertisements Column 3
      301 24 M THE MATTER Of THE COMPAMES ACT, CAP. SO ANOM THE MATTER OF ABW FURNITURE I CONSTRUCTION PTE LTD (IN VOLUNTARY UOJOAIXM) Al an Extraordinary Ganarai Mining of th# mambart of ABW FURNITURE i CONSTRUCTION PTE LTD, (My corwwad aid Mdonl2 Math 19M a 1000 an. a 9 May Rom)
      301 words
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      Page 24 Advertisements Column 4
      108 24 To advertise call toll-free 1800-*****83 HA v jyKH In business, being at the right place at the right time with the right crowd is critical. Our Special Features can help you get there. The right place, because the editoral focus complements your advertisement. The right time, because our special features
      108 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      325 25 Bridge News Reuters PANAMAX rates remained weak in the Atlantic and eased for round voyages in the east, brokers said. Rates for handysi2es in the east remained fundamentally strong. The futures had a routine day—essentially downwards but with confusion abounding, Clarkson Securities Ltd said in its daily Biffex
      Bridge News; Reuters  -  325 words
    • Article
      MARITIME STOCKS
      270 25 -lit St «f- HI CWTOMrtMtan-O.73 0.015 10 ChuanHup 0.499 0.009 319 Cotco Invattmant 0.79 unch 2 Fr»igMUnk$ 0-323 -0.003 132 C8HoMfc»» 0J3 -0.01 39 HalSuntoip OS6S 0.033 121 HKMCMZMM 0.63 -002 26 IMCHoMlngi 5.6 JayaHoMfciga 038 unch 30 Jurono Shipyard 7.6 unch »2 *—»*Con> U 02 2934 KappatFElS
      270 words
    • Article
      Korean builders getting more orders after slow start
      471 25  -  Industry did not win any new contracts in Jan following financial r.rigjg By] Felix Chan [SINGAPORE] After a relatively slow start underscored by the Asian economic crisis, newbuilding orders at South Korean yards seem to be gathering steam. With the US$57 billion
      471 words
    • Article
      Lock icon Japan's ship export orders down in Feb
      98 25 AFP [TOKYO] Japanese shipyards received export orders for only 12 vessels in February, down from 24 a year earlier, an industry group said yesterday. In tonnage, February's orderbook dropped 64.1 t&r cent to 505,060 gross weight tonnes from 1,408,029 gross weight tonnes a
      AFP  -  98 words
    • Article, Illustration
      Building a top-rate regional cruise centre is Kathleen's passion
      541 25  -  SHIPSHAPE By\ Felix Chan Kathleen gan speaks of the cruise industry with the pride and affection of a doting mother. To say that she is passionate about her job as Singapore Cruise Centre's general manager would be a gross understatement. She
      541 words
    • Article, Illustration
      Lock icon Listing after collision
      58 25 [RENDSBURG] A container ship passes by the 82-metre long coast freighter Baltic Carrier which is listing in the North Sea Ba Itic canal near the north German town of Rends burg. The Baltic Carrier collided with the small freighter Flinterdamfrom the Netherlands on Monday evening causing some
      REUTERS  -  58 words
    • Article
      Lock icon Carnival to order 2 ships for Holland America
      163 25 Reuters [ORLANDO, Florida] Carnival Corp will soon announce orders for two new ships at a combined cost of about US$75O million (Ssl.2 billion) for its Holland America line, chief financial officer Gerald Cahill said. Mr Cahill also told investors at a three-day
      Reuters  -  163 words
    • PORT Shots
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        Lock icon Chu Kong Shipping makes acquisition
        70 25 AFX-Asia [HONGKONG] Chu Kong Shipping Development Co Ltd said It will acquire a 40 per cent stake In a cargo terminal operator and a shipping company in Guangdoing province from controlling shareholder Chu Kong Shipping Enterprises (Holdings) Co Ltd for HK119.04 million (553.9 million). It
        AFX-Asia  -  70 words
      • Article
        Lock icon HK ferry firm may not renew franchise
        86 25 AFX-Asia [HONGKONG] Hongkong Ferry (Holdings) Co Ltd said It may not renew its franchise for operations at the Central Piers development if negotiations with the government are not fruitfuL "The business could not continue without the revenues expected to be generated from the
        AFX-Asia  -  86 words
    • Article, Illustration
      Lock icon Newport News banks on navy
      894 26 US SHIPBUILDING Largest US private shipyard is to stop loss-making commercial work and concentrate on building for the US Navy Bloomberg Newport News Shipbuilding Inc, the largest US private shipyard, will stop building commercial ships next year and concentrate on its navy business. The company
      Bloomberg  -  894 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      246 26 PACE DJak Lloyd 9 ACL 9 Dongnama 7 AML 3 Ect 5 Accord 8 EthwpUn 6 Appenship 5 tongSun 8 Astra 4 CLW 4 1 Astro 3 Oomartrans 8 Austral 9 Genshpg 9 BSA 7 H4Sw.Hu* 8 Batamindo 7 HangJI 9 l Bayswatar
      246 words
    • Article
      SHIPPING GUIDE
      26461 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT tftisw Vess»l Vovto* T*l»t>fton« I ETA ETA AdvWtlMf V*«*l Vo\IMM T»l»nhon. I ETA ETA Advartiur U...., u.w t_ 7. ETA ETA Advertiser Vessel Voyage Telepnone ETA ETA Advertiser Vessel Voyaqe Telephone SIN Dest'n Nam* Name Number Number SIN Dest'n Nam* Nam* Number Number AM/03 18/04
      26,461 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        660 39 Vttt>l Voyjto Btrth Arrival Otprturt J»»H Nrt SSi J J" n.ovotoo K EMbn "5! 10.03/2300 at taTu. J01 M03/1800 M m?S M tonqiito M.03/0100 »iU. ®?5? aloogsidt i >8-03/1830 at JO' noma* 1803/2300 talMa? WOW* 19.03/0200 ri™.* m ttonquto M.03/2000 M atoned. M.03/M00 ,*"T! JOT atanfiidt It 03/0*30
        660 words
      • Article
        CONTAINER SCHEDULES
        1486 39 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booklng/Batonc* Rstls Ship Voy No Etb/Btr Ptrlod From To From U" 0«« 2VHW 2A N/1700 19/0*59 19/0900 a witoo 19/0*59 worn J wotoo i/mi i.-«oc n«oo nm* 19/1700 MM 20/2359 a WI7W WMH WWW II H/1700 IM*N MOW J 19/0700
        1,486 words
      • Article
        GLOBAL HOLIDAYS
        198 39 Mar 20 Japan: Vernal Equinox Day. Mar SI Mexico: Juarez Day. Mar 28 Gracct: Independent Day. Apr I Hong Kong: Chlng Ming Festival. Apr 7 Brunei: Hari Raya HaJl. Malaysia: Harl Raya HallApr* Denmark: Maundy Thursday. Mexico: Maundy Thursday. Apr 10 Australia: Good Friday. Canada: Good Friday. Denmark:
        198 words
      • Article
        COCKETT BUNKER MARKET REPORT
        819 39 THIS report, compiled by Cockett Marine Oil Ud, thowa price range* In US dollar* Instead of tingle price* for a mora comprehensive da•crtptlon of the market Price* ahown are baaed on averaga-*l*ed •tam Market movement* are Indicated The Cockett Bunker Price Index change and the Individual
        819 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        459 39 IM Mai *15 to 15.8 0.31 72 0.09 ■Mr 12 Dwntty N«t« HiMm Am AiumtMym Mmt No Mom US S I I 2 0 0 MO AM *4 6 0.4 14J 0.06 26 0.02 In 390 Mu 992.3 10 19.9 0.V4 64 0.06 m, mm* NOMom635
        459 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon EU fails to agree on truck accord with Swiss
        350 40 Reuters (BRUSSELS] The European Commission failed on Tuesday to win sufficient backing from EU transport ministers for a preliminary accord it had reached with Switzerland on truck traffic through the Alpine nation. On a linked issue, ministers also disagreed on revised
        Reuters  -  350 words
      • Article, Illustration
        Lock icon Qantas set to launch services to South America
        340 40 AFP [SYDNEY] Qantas Airways is close to launching Australia's first direct services to South America as the national flag carrier seeks new markets to replace suspended Asian services, airline officials said yesterday. A deal nearing completion with the Aerolineas Argentinas would introduce
        AFP  -  340 words
      • Article, Illustration
        Lock icon Germany hits out at EU over open skies, alliance
        500 40 European Commission threatens to take Germany to court over accord"with US Reuters [BRUSSELS] German Transport Minister Matthias Wissmann lashed out at the European Commission on Tuesday for threatening to take Germany to court over a bilateral aviation pact with the United
        Reuters; FILE PHOTO  -  500 words
      • Article
        Lock icon Proton sees 60% drop in domestic sales
        77 40 Reuters {KUALA LUMPUR] Malaysian car maker Perusahaan Otomobil Nasional Bhd (Proton) expects a 60 per cent drop in its domestic car sales for the financial year beginning April 1,1998, the national Ber nama news agency reported. It yesterday quoted group chairman of DRB-Hicom,
        Reuters  -  77 words
      • Article
        Lock icon Moody's may downgrade loss-making Japan Airlines
        337 40 Bloomberg (TOKYO] Japan Airlines Co may be downgraded by Moody's Investors Service because passenger demand is shrinking and the company is forecasting higher-than-expected losses for the year ending March 31, the US credit rating agency said. Moody's said it would review the airline's "ability
        Bloomberg  -  337 words
      • Article
        Lock icon Philippine Airlines sells 5 planes, plans to sell more
        303 40 AFP [MANILA] Troubled national carrier Philippine Airlines (PAL) has sold five of its nine Airbus A3OO-B4s and is planning to sell off 10 more aircraft, a report said yesterday. PAL chief financial officer Jaime Bautista said the five planes were sold
        AFP  -  303 words
      • Article
        Lock icon Garuda suspends only US flight until June 1
        183 40 Bloomberg [LOS ANGELES] Indonesia's state-owned airline, Garuda International, said it suspended its only US flight until June 1 because of the country's economic problems. The flight, between Los Angeles International Airport to Bali, was cut last month to three times a week
        Bloomberg  -  183 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1702 40 OTT FU6MT tU aWtt CT> IH778 1645 Of05 2220 mmm am jm «4o ***** 2355 UHM 8A7381 19 30 8*7382 2050 0f8t 1X779 3W orr »3o of$2 2050 w» sow m» iowq m ***** 2220 tM*rtMP«C SON} 1910 CZ352 0835 kmXtrUm *1843 0550 KLS36 2335 COP
        1,702 words
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      18 25 Newport News shipyard banks on navy Largest US private shipyard is to stop loss-making commercial work. Page 2
      18 words
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      Page 25 Advertisements Column 2
      216 25 Don't miss the best business opportunities in the Maritime Industry. See the latest maritime technologies and services, covering every sector of the maritime industry. wC tAe*e Discuss your specific product/service requirements with NATIONAL more than 300 exhibitors from over 20 countries who will PRflllPC be in the show this year.
      216 words
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      Page 25 Advertisements Column 3
      22 25 Germany hits oat at EU over open skies, alliance EC threatens to take Germany to court over accord with US. Baok Page
      22 words
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      Page 26 Advertisements Column 1
      686 26 SmOAPORE CALIFORNIA EXPRESS (D4RICI FROM VEST COABT) [OULF KARACHI EXPRESS (< XX) 0M vm SK IA SM YISSU YOY JU MM I lAN I KAI OX I PCO ISM vuiMSMim oiwsoo Is/mmauw 15/03 L. iM I I I I NYR VIOOO OX 04/03 01/03 04/03 IS/OS 19/13 23/03 24/03 ygg—
      686 words
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      Page 26 Advertisements Column 2
      563 26 Lrm 4 serv>ces represented C®J rssssss -As a Singapore Shipping Aaaoaation Full Cover Insurance Services To Moscow CIS Mongolia Call Gareth Evans Moscow Container Line (Singapore) Pte Ltd Tel: 272 7188 Fax: 272 7811 E-mail: mdsin@mbox4.singnet.com.sg Sole Agent of Wllhelm Reemtsen Co. GmbH EXPORT^' 3 Jopor. 2 Mongkoog 1 Mon.to
      563 words
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      1055 27 SAX SERVKE (MRECT) VBSa VOY MMtU IA« OAK PAt HOU <H COl Ml* <Jl KYC <BJtt OOlt 11/03 26/03 31/03 31/03 01/04 01/04 01/04 01/04 02/0* 91/9* API GARNET OOlt H/03 02/04 07/04 07/04 06/04 01/04 0«/04 0«/04 09/04 09/04 NOUjggWg 0151 25/03 11/04 14/04 14/04 15/04 IS/04 15/04 IS/04
      1,055 words
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      Page 27 Advertisements Column 2
      1877 27 0 HANJIN SHIPPING KANJIN SMPPMG (S) PTt LTD h*//•» lwj* cm IOOfiNC 37M123S 237 SAUS *****74 231 DOCUMENT *****71 274 OffttDOßS 32*0241 252 MAIM UME *****55 FAX 227WM QUO **********0* TO NW USA A CANADA USA CANADA* fpt w Vor um mi unihaui/vot I 8*! tiw 1 om I m
      1,877 words
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      1458 28 MR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEPfTERRANEAN^CANADA ttMB. VOY MM LfM m W HW B» fU VtUti ¥0V Ml JtO Ml W M Wl hjsuttu wans an km hm mm mm iim cyphojnu mkii an ojm mm hm um i<m km POOONQ KNATOfI WMl] MB UM 12 M 13 M
      1,458 words
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      Page 28 Advertisements Column 2
      1195 28 YMI ,nt rr>at Weto Sit* http: //wwwymlcom.tw LID rt!»»9irtijUL44 Hr nmL hx£d rrmwwt VESSEL VOY l£H FXT HAM AMR HFA SIN GIBRALTAR B ABOSE SLO SLO SLD SLD SLO 24/03 MING GLORY ABO6E SLD SLO SLO SLO SLO 31/03 MING MOON ABO 7 SLD SLO SLD SLD 24/03 07/04 DOVER
      1,195 words
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      Page 28 Advertisements Column 3
      469 28 LINE 9W JS TUiMIS4S«IAXiISMIII muara LABUAN vtssa vor no ru vtssa vor no m SfOK MUAIA SfOtf IM maon von/w 11/03 21/03 tfnaarr von/* 11/03 22/03 x ntosrat vok/m 24/03 20/03 jjwb vm/w 20/03 v/n tfttGUXY VOK/W »/03 31/03 MVtGUtT VOOI/W M/ 03 01/ M lwosw vow/91 oi/m m/m J-msra
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      Page 29 Advertisements Column 1
      1430 29 IVESSEI VOY SIN BKK POU PKQ PCN BLW SOW BA I BIK IRAN SHOJAAT PJL-1271 18/03 28/03 IRAN TEYFOURI PJL-1273 21/03 3° /03 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA. KAZAKHSTAN, UZBEKISTAN. TURKMENISTAN, KIRGISTAN, TADZHIKISTAN 8, GEORGIA VIA B. ABBAS. BIK AGENT IN SINGAPORE
      1,430 words
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      Page 29 Advertisements Column 2
      2436 29 EVERY MONDAY 1 DIRECT TO JAPAN I KOBE 7 MYS I KMOTA MYS I I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD #iz-o« dis bldg sales/ikgs *****41/43 inward dcpt (0/0) *****85 COSTAR AGENCIES (M) SDN BHD (R
      2,436 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1329 30 EUROPEAJK/BCAMDIWAVIA/FINLAWD/HUSSIA SGP RDM ANW HBG THP ZEE LHV I LHV THP ROM ANW HSG PKL SGP I 5S?J£££ 9 !1£ f?K 14/#4 IM4 12/ M IMM 2U2 2&K 2M2 2M2 2M2 23« 24/03 E. RACER RW-021 2J*3 17AM 22*4 11/04 20*4 21AM 22AM IE GOODS RE-MO 87/03 08,113 01/03 10/03
      1,329 words
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      Page 30 Advertisements Column 2
      1146 30 NANTAI LINE FUU.Y CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VKSa I VOT I SW I PiM I DUI 1 (FT I I/Ml mraiQusi ow nm ?i/D3 oi/m qs/04 nimmtM ooss am 07/04 m is/m MOTUWIIg BIS OS/P4 11/04 21/04 mroi vbius 024s 14/04 23/04 27/04 >i/ps o</M GOiDfll DtAGOW 004S
      1,146 words
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      Page 31 Advertisements Column 1
      548 31 BSA i. M MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) VESSEL VOY SM PKG PEN PGU AVA 146W SID PAGAN 2S4W 24/03 MALAYSIA AGENTS: KUSTEAD SHIPPING AGENCIES KUL TEL 02-03-241/300 PKL TEL 02-03-*****01 PEN: TEL 02-04-*****02 PGO: HI 02-07-*****21/4 BANK LINE (A mvkt of An4r»w
      548 words
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      Page 31 Advertisements Column 2
      1239 31 A HYUNDAI MERCHANT MARINE CO. LTD. IVESSH VOY I SIN I SOU HH WW ANT HAW BBV fB. [VBSa VOT|SOM[UN|ITN|AOT|NAN|BBV|FaIiir THAMES 304W 19/03 06/04 11/04 M/ 04 09/04 lASEME 30* 23/0? 24/02 25/02 26/02 14/03 MOSQ 304W 20/03 10/04 11/04 05/04 07/0* 07/04 07/04 NOICYPKMI 310E 26/02 04/03 03/03 21/02
      1,239 words
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      Page 31 Advertisements Column 3
      933 31 norwegon spec*okzed outocorrwn HELMS EH (^to.)^(ol(^ mm MM L//VES TO NORTH AND LATIN AMERia "*0«0 HEAYYUFT SERVICE' I VESSEL VOY RAMP WIGHT SIN LAX CRI NUA SAV Ml ORF NYC NEW MM TOURGO4NG FOO6 400 IMS 6.3 M W 11/04 19/04 22/04 WOT WoT WoT WOT WO5~ TAPKKA FBO7 4001
      933 words
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      945 32 lANQKOK/LAIM CHABAWO JA K AWT A/PA WJA WO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN XETHA BHUM 228N8 In Pt 22/03 MATHU BHUM ***** ~ln Pt 21/03 YANTRA BHUM 232N 21/03 25/03 MATHU BHUM 360S In Pt 21/03 CHANA BHUM 10N 22/03 25/03 25/03 IGURU BHUM* 70S
      945 words
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      Page 32 Advertisements Column 2
      417 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0208 TEL *****68 FAX *****64 TLX: R*****5 SINMER ■[■av CR No. **********0W Receiving Cargo at PTI I Blntulu 1 I Muf 1 vissa voy sis uu ¥1556 voy sin mua ISano MHf 29 30/03 02/04 V9WH 2324/03 21/03 iseno man 1112/04
      417 words
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      Page 32 Advertisements Column 3
      543 32 1 ACCORD A SHIPPING PTE LTD TEL *****13 (40 Lines) FAX *****30 POfTKUUtG (03) 347 1001 tK M DUICT ACCESS Til *****33 (EXPORT ROOKING) fkitt CUDAHC {07)3511V7 *****34 (EXPORT DOC), *****39 (IMPORT) KKAMC {04)U?144S ORIiHTTP://WWW.ACCORO.COM.SO JJUUUtTA (2)) 440 0/70 VAM *>IT ITA SIN ~POKT IU SIM POKT IU SIM POtT
      543 words
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      Page 33 Advertisements Column 1
      402 33 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMf-CONTAINEroSED SERVICE VOT A OAM7B QAM HIURB IHtMiW AMTWtRP A VESSEL 43W8 27/4 1/5 OMIT 5/5 TO AUSTRALIA ~j FULL CONTAINER SERVICE w. wr I mt I mt I SYD I MEL I HM| MI HK| MUEKUMU vans IZ«3 1403 22T0 Z7« 3003 02.04
      402 words
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      Page 33 Advertisements Column 2
      1110 33 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Cecil Street. *12-00, PIL Building, Singapore *****0 ~AA Li~ TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60 *****05 BANGKOK JAKARTA IWMtdy sBp PAT/ 2 Slgs LCH/1 Slg BMT) (I SolHi>|«AV«oH) VtSSa VOY I SW I KK VtSSH.
      1,110 words
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      Page 33 Advertisements Column 3
      839 33 VESSELS VOY I'"MN J6D MLA LEH HAM THP RTM ZEE VH-LE 06 GEMINA H24W 19*03 27/03 01/04 OMM nyoi 11/D4 VMEtyOWON Y24W a**o3 01/04 06/04 12/04 13/04 15/04 16/04 1&04 VK-LE 06 TANYA I .QW 01/04 10/04 15AM 20/04 21/04 23/04 24/04 VILLE DE MIMOSA V2afV IVM 2(V04 2&"04 27/04
      839 words
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      Page 36 Advertisements Column 1
      44 36 To retrieve more schedules, just follow these simple steps... document 740-6000^^^T^^ tep be faxed I>ress "l" Step key in the four W.JBphone number /M digit code Key in your Example: r-L-, fax number To NEW YORK (NYC) 2275 for calls within Singapore United States
      44 words
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      129 39 LEGEND: R Thunderstorm Temperature o Q y Shower Weother Wind direction with speed in knots Rain Cloudy Sky Wov h 9 h Surface wind, ore indicated by arrows wMi fly with the wind One full circle represents colm or light and variable wmds J__ One holt fleche represents 5 knots
      129 words
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      199 40 ASIA WESTBOUND RATE AGREEMENT (AWRA) RATE RESTORATION IN THE ASIA/ NORTH EUROPE TRADE At a recent meeting of the FEFC Principals it was agreed to implement a Rate Restoration of USD 150/300/7.5 per *****7LCL in the AWRA Trade from Asia to North Europe on 1 July 1998. Principals took this
      199 words