The Business Times, 23 March 1998

Total Pages: 46
1 46 The Business Times
  • 20 1 THE BUSINESS TIMES MITA(P) 110/12/97 85e S I N G A P 0 R E Internet: http://www.asial.com.sg/biztimes MONDAY, MARCH 23,1998
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  • 50 1 Week Chu$ STB 1J79L1I—+80.48 mm .686.44 +3M1 KISS COUP. .***** +a« NIKKEI 16,816.47 -229.97 HANG SENG 11,564 ._+681f7 SETWDBL 486.76 -1141 JAKAKEA00MP 516.73 +16 MANILA OOMP. U74.14....+1MJK TAIPHWn 8J8M06 ,,-llMt SEOUL COUP £21.62 -I1J4 CLSA CHINA B 1,006.61 -161 AlIST ALL ORD 2.77SJ0 +4M DOW JONES .8,***** .+183.11
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  • 758 1  -  Prolink's plan aimed at boosting sales at township, improving cash flow From'. Ruth Wong in Kuala Lumpur PROLINK Development Sdn Bhd, the property arm of debt-laden Renong Bhd, looks set to slash the selling price of land in its huge Bandar
    758 words
  • 77 1 (LOS ANGELES] A replica of an Oscar being put in place outside the Shrine Auditorium in preparation for the 70th annual Academy Awards, to be presented here this evening. The stars —and sponsors—hope to be in the spotlight. Revlon will distribute about I,ooogift bags
    REUTERS  -  77 words
  • 558 1  -  The Che&r&v&nonts, Wongs onload HE, China businesses From Loh Hui Yin in Hongkong THAILAND'S cash-strapped business groups are unloading their overseas assets as they struggle to keep afloat. Two such groups, both owned by Thai-Chinese families, are selling off businesses in China and Hongkong.
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  • 716 1  -  Intense fight for tenants leading to lower rents, longer rent-free periods By Ang Wan May [SINGAPORE] Landlords are going all out to woo tenants as office vacancies hit a record 3.3 million sq ft, with no signs yet of a
    Source: Jone Lang  -  716 words
  • Page 1 Advertisements
    • 176 1 IMHIDE Help from Microsoft Microsoft chief Bill Gates' day-long visit to Singapore may result in some rr firms getting a chance to market their products globally with Microsoft's help, frniifn t t r" Ad agencies cnt rates The scramble to replace advertising dollars which have been slashed has resulted In
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    • 53 1 L B J k Mm fe. "^^2 I ft ft/Nnfl Bfl HKBBI II I H mil; ka PPBEa -JW ■Mi^nysSHS m™ BsSSISSI |l V "■v' I Ifl w w y Essential by nature. Je I i^*4< HERMES PARIS I I g M% s' v ;%|?Qs| >/i HMMiJ 1998. YIAK OF
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  • SINGAPORE AT HOME & ABROAD
    • 270 2 IF the newsstands look more colourful than usual this morning, it's because The Straits Times, Singapore's main English daily, has donned a new image. From today, the flagship paper of Singapore Press Holdings (SPH) will have many more pages
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    • 438 2  -  Shrinking market also forces many to accept fixed-fee jobs By\ Frances Lui THE scramble to replace advertising dollars which have been slashed, especially from the luxury goods business, has resulted in local and multinational advertising agencies cutting rates and taking jobs
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    • 427 2  -  S-EA stability, investment environment crucial for S'pore's future By' Teh Hooi Ling SINGAPORE'S prosperity and future depend on its understanding of the "big issues" in the region, Deputy Prime Minister Lee Hsien Loong said yesterday. The "big issues" are whether there is stability in
      427 words
    • 321 2  -  BYE ON THE ECONOMY Telecommunications By David Boey OUTGOING international telephone call traffic resumed its double-digit year-on-year growth in February, chalking up about 21 per cent growth, latest figures released by Singapore Telecom show. Just a month earlier, the telephone volume in January had
      Source: SingTel  -  321 words
    • 383 2  -  w Teh Hooi Ling THE launch of Mobile One's $60 million Code Division Multiple Access (CDMA) cellular phone network could now be delayed yet again to the second quarter of 1998. Mi's chief executive officer Neil Montefiore said that the company
      383 words
  • Page 2 Advertisements
    • 305 2 I In the face of falling profits and economic slowdown, how do I companies survive? I 30 m March Ist1 st April 1998 Conrad International Centennial Singapore Enterprising With Technology Featuring, for tfc* first-time in Asia, ChllCk Martin, author of the international "The Digital Es Chuck Martin I deliver the
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    • 92 2 NETW RLD INTEROP 98^^ Singapore International Convention and Exhibition Centre Exhibition 1 April 3 April 1998 Conference 30 March 3 April 1998 Step into the world of IT Connectivity ivJRH ■P E-commmWe Network Computing verge tree Technologies w A 9HH worth pij jywj ***** 3Com Palm Pilo t- The Connected
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  • SOUTH-EAST ASIA
    • 459 3 SYDNEY Aussie minister says joblessness, inflation may spark farther social unrest AFP FOOD prices in Indonesia could jump by another 200 per cent this year and trigger renewed unrest. Foreign Affairs Minister Alexander Downer warned yesterday. Mr Downer, speaking from Washington where
      AFP  -  459 words
    • 305 3 KUALA LUMPUR AFP MALAYSIAN Premier Mahathir Mohamad warned that the Asian economic crisis has led to a serious human rights problem with international implications as a new wave of boat people seek to escape economic hardship, reports said yesterday. "An injustice has been
      AFP; REUTERS  -  305 words
    • 479 3  -  Post of Federation of Thai Industries' chief hotly contested From'. Bruce Cheesman in Bangkok ELECTIONS for the chairmanship of the Federation of Thai Industries (FTI), Thailand's leading business lobby group, had usually been staid affairs, with most members not even bothering to
      479 words
    • 256 3 BACOLOD, Philippines AFP THREE people were killed and at least 40 injured when a Philippine Airlines (PAL) jet overshot a runway on landing and plowed into a residential area in the central Philippines last night, rescuers said. All the confirmed fatalities were on
      AFP  -  256 words
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  • MARKETS IN TURMOIL
    • 500 4 Anwar to revise economic targets, detail steps to boost confidence and curb imports Reuters. AFP [KUALA LUMPUR] Malaysia's Deputy Prime Minister Anwar Ibrahim yesterday said that new measures to boost international confidence in the economy will be announced tomorrow, the national Bernama news agency reported.
      Reuters.; AFP  -  500 words
    • 232 4 AFP [MANILA] President Fidel Ramos pledged yesterday to put the country on economic track in 100 days to make it the first nation to recover from the "Asian financial flu", a presidential statement said. The statement said that Mr
      AFP  -  232 words
    • 293 4 AFP, Bernama [KUALA LUMPUR] Taiwan's state investment arm, China Development Corporation (CDC), is planning to invest in Malaysia's banking sector, Deputy Prime Minister Anwar Ibrahim was quoted as saying yesterday. The national Bernama news agency reported Mr Anwar as saying that the issue
      AFP,; Bernama  -  293 words
    • 61 4 [MANILA] Filipino women pounding the streets of Manila yesterday, selling travelling and shopping bags to residents and commuters. They said they have to work twice as hard now to earn enough money to buy basic commodities, since the country's economy was severely hit by the
      REUTERS  -  61 words
    • 250 4 Reuters [BANGKOK] The Bank of Thailand said on Saturday that Thailand's 15 commercial banks would need to raise capital by a combined 200 billion baht (SsB.l billion) in 1998 to help them regain market confidence. Central bank governor Chaiyawat Wibulswasdi told reporters
      Reuters  -  250 words
    • 607 4 Draconian moves could lead to collapse of finance industry, experts warn AFP (JAKARTA) Draconian steps proposed to restructure Indonesia's ailing banking and finance industry need to be modified to prevent the sector from total collapse, experts said. Under an agreement with
      AFP  -  607 words
    • 488 4  -  Some lawmakers blame White House for lack of leadership From Leon Hadar in Washington US PRESIDENT Bill Clinton's request for US$lB billion (5528.9 billion) in new US funding for the International Monetary Fund (IMF) to help it contain the East Asian economic
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    • 285 4 Reuters, Bloomberg [WASHINGTON] US Treasury Secretary Robert Rubin on Saturday defended International Monetary Fund chief Michel Camdessus and reiterated Washington's demand that Japan stimulate its economy in the face of Asia's economic turmoil. Senate majority leader Trent Lott, a longtime critic of the
      Reuters,; Bloomberg  -  285 words
  • Page 4 Advertisements
    • 163 4 Lit thin b LISHTWARp) IKI "Lightware Projectors take the worry out M of travel for our staff, and they make looking good look easy to our clients." Gary Otterpohl, Bloomberg Include remote mouse and carry bag. Light Compact Bright Stylish Affordable Sole Distributor: IRWELLfiANK HOLDING private LIMITED 1 Coleman St.
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  • CHINA-HONGKONG-TAIWAN
    • 578 5 SHANGHAI Scheme to spend USslt over 3 years to boost domestic demand is too ambitions: analysts Reuters CHINA's plans to spend its way to stronger economic growth has not boosted world commodity prices as traders are sceptical about the level of spending and
      Reuters  -  578 words
    • 431 5 TAIPEI Asian financial crisis hits its biggest competitors AFP TAIWAN'S computer and integrated circuit (IC) makers are poised to take advantage of the South-east Asian financial crisis which has badly hit their biggest competitors, analysts said. "Business orders swamped Taiwan's chip makers after
      AFP  -  431 words
    • 159 5 BEIJING AFP CHINA United Telecommunications Co Ltd (Unicom) plans to break the state's monopoly on long-distance telephone services by the end of this year, the official China Daily Business Weekly reported yesterday. The company is speeding construction of cable links and hopes to launch
      AFP  -  159 words
    • 271 5 BEIJING AFP ANY Chinese or foreign investor with one yuan (19 S cents) to spare can buy a struggling state-owned firm in north-eastern China's Shenyang city, the official Xinhua news agency reported yesterday. The city government put 50 such firms up for
      AFP  -  271 words
    • 447 5 HONGKONG Reuters THREE recent incidents have called into doubt the degree of Hongkong's autonomy from Beijing, analysts said yesterday. In the latest incident, a prominent US-based Chinese dissident was barred from entering the territory, and accused of using a suspected forged travel
      Reuters; REUTERS  -  447 words
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  • ASIA
    • 226 6 GENEVA Reuters NORTH Korea's chief negotiator to four-party talks which ended on Saturday said his country saw no point in continuing because of US refusal to discuss the withdrawal of US troops from South Korea or a peace treaty between Washington and
      Reuters  -  226 words
    • 86 6 [MELBOURNE] Lance Riley (left) ofKuranda in Queensland state waitingfor a rally to begin as dancers rest on the steps of a central city post office yesterday. About I,ooodemonstrators protested against government legislation in the wake ofa High Court ruling that aboriginal rights to ancestral
      REUTERS  -  86 words
    • 516 6 CANBERRA Survey shows 62% of voters against sale which has been set as key election issne Reuters THE Australian government's bid to win re-election with a As4s billion (5547.8 billion) privatisation of telecoms carrier Telstra hit a fresh hurdle yesterday with a
      Reuters  -  516 words
    • 194 6 mSEOUL AFP A POLITICAL battle intensified yesterday after a suicide attempt by South Korea's former intelligence agency chief while in custody for questioning about a smear campaign against President Kim Dae Jung. The ruling and opposition parties traded angry charges of cover-ups after
      AFP  -  194 words
    • 469 6 NEWDELHI BJP oat to master support before speaker's election and confidence vote AFP INDIA's new government was yesterday trying to muster legislative support ahead of this week's confidence vote which would confirm its second bid for power in a badly hung
      AFP  -  469 words
    • 222 6 TOKYO AFP JAPAN'S leading commercial bank Sakura Bank Ltd will increase its write-off of bad loans by 330 billion yen (Ss4.l billion) in the year ending this month, a report said yesterday. With the additional writeoff of 330 billion yen, Sakura aims
      AFP  -  222 words
    • 514 6 TOKYO Smaller corporate appetite for expensive delicacies AFP JAPAN'S gourmet food lovers have become the unlikely beneficiaries of a rash of bribery scandals at the finance ministry which enraged the nation. Allegations that the bureaucrats accepted tens of thousands of dollars worth of
      AFP  -  514 words
  • Page 6 Advertisements
    • 124 6 THE SENSATIONAL TASTE OF FRESH, LIVE AUSTRALIAN LOBSTER Jill >■ WT jP««•„ f Jr f w 1 1 MARCH 20 APRIL Dive into a sea of pleasure with our Australian Live Lobster Cheese Gratin, Australian Lobster Sashimi, Sauteed Lobster Medallion with Goose Liver Sauce and Lobster Soup. Savour the tantalizing
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  • THE WORLD
    • 385 7 YORK, England It says two years of currency stability is good enough for entry into single currency Reuters BRITAIN on Saturday firmly rejected calls to put the pound back into Europe's Exchange Rate Mechanism (ERM) ahead of any entry into a future
      Reuters  -  385 words
    • 260 7 YORK, England Reuters BUNDESBANK president Hans Tietmeyer said on Saturday that countries not taking part in monetary union should not have equal access to a planned payments system which will underpin the European single currency. Mr Tietmeyer rebuffed Swedish central bank governor Urban Backstrom,
      Reuters; FILE PHOTO  -  260 words
    • 48 7 [OTTAWA) Canadian Prime Minister Jean Chretien playing a trombone with the True Grit Band on Saturday as part of the Liberal Biennial Convention in Ottawa. The band is made up offederal Members of Parliament. The Liberals held their convention from Thursday to yesterday. REUTERS
      REUTERS  -  48 words
    • 466 7 ■GENEVA Row comes a year after countries agree to open markets Bloomberg CABLE Wireless pic and Hongkong Telecommunications Ltd are threatening to take the US government to court over a plan to force phone companies outside the US
      Bloomberg  -  466 words
    • 286 7 PARIS Bloomberg Credit Lyonnais SA may be worth as much as 40 billion French francs (SSIO billion) when the state sells it, said chairman Jean Peyrelevade, while rejecting criticism the bank's results were "illegal". France's third-largest publicly traded retail bank said on Thursday it
      Bloomberg  -  286 words
  • Page 7 Advertisements
    • 150 7 Tnjaty One Of The TSe&t Txecutim In Singapore Buffet lunch from $25 to $.15 per person fnun Monthly to Fridtiy (except Publii Holidays) At J.P. Bastiani, Chef John Beriker teaches you Iww to mix business with pleasure. Offering you an executive lunch buffet with a wide spread of Mediterranean delights,
      150 words
    • 187 7 H |T|TftJn I n«3T|T35| there's only one trip a year the wised-up will ever The best position to know it all first is from the m workf s biggest industrial fair, with 7,000 exhibitors I CL \r I I I Cm. IV\# from 69 countries aH waiting to give you
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  • EXECUTIVE LIFESTYLE
    • 649 8  -  Choreographer Lustig's Cinderella breaks away from the traditional, says CHUA SOO PONG CHUA SOO PONG SINGAPORE Dance Theatre's revival of Cinderella was greeted with great enthusiasm by dance lovers. Many were keen to see how choreographer Graham Lustig retold the familiar fairy tale in a
      649 words
    • 589 8  -  MUSIC SSO concert offers a perspective of 20th century opulent orchestra By] David Chow [SINGAPORE] Last Friday's concert by the Singapore Symphony Orchestra gave a good aural perspective of the 20th century opulent orchestra. The likes of Bruckner, Mahler and Stravinsky, whose works were played
      589 words
    • 536 8  -  CD REVIEWS Bchnmann: Liederkreis Op 24, DichterHbe Op 48, and 7 Lieder lan Bostridge (tenor), Julius Drake (piano) EMI *****9 2 (00 minutes) Mozart, Strauss: Arlss and Orchestral Soap Christine Sohafar (soprano), Berlin Philharmonic, Claudio Abbado (conductor) DG 407 082 2 (00 minutes)
      536 words
    • 736 9  -  MUSIC Chamber Circle concert combines personal favourites with popular works By\ Susan Tsang [SINGAPORE] The Chamber Circle is a music group that started almost casually. "It was basically a few colleagues getting together on a Sunday afternoon to play chamber music," says Chan Tze Law, their
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  • Page 8 Advertisements
    • 2 8 C TheStraitsTimes
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    • 136 8 Maple Garden Seafood Restaurant is proud to present all Singaporean with the Northern and frj Southern China Delicacies Fare. I Dntroducing Our Special Set JHenu jL K. (available for Dinner) T" M i Assorted Meat Combination (Taochew Styte) TV Baked Lobster in Superior Soup (Hong Kong styte) Shark's Fin Soup
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    • 121 9 I ■I.JIWPIWII 1 The Straits Times. Now Available In French. Bon appctil! It's a delicious offer brought to you b\ The Straits Times and Deli franco. And the best part is it's the perfect deal for two. Order a Breakfast Set at any Dolifranco CatoBakerx or Sidewalk Cafe and vou'll
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  • Page 10 Miscellaneous
    • 840 10 TV&RAPIO Premier*!*, Her Licence. 5.35 Fatlabor. 8.00 Monday Prime Time 8.00 See Tuesday's Sched H2 Movie: The Man With ules. 4.00 Kidz Blitz: Festival of The Golden Gun (See KH Family Classics Tom Our Choice). FriawlS Sawyer/ Robin Hood. 10>30 News 5 Tonight. 9.00 AM TV Shopping Net 5.00 Bimble
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    • 146 10 CRYPTIC CROSSWORD 2611 down to the list (7) 8 Gulpers out to get the whole SATURDAY'S SOLUTION 27 Depressed areas (7) hog (7) 28 They are said to be just barren 14 RN fleet manoeuvre enter ■RTilCTffTftJSsffiuffiM areas (7) tains mother in port (9) BoMoUoMRpawMRUepM DOWN 16Called without onoe becoming
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  • BUSINESS IT
    • 582 11  -  These firms may now be able to market their products globally with Microsoft's help By Raju Chellam [SINGAPORE] Microsoft chief Bill Gates' day-long visit to Singapore may result in some local IT firms getting a chance to market their products globally with
      CHRIS LOH  -  582 words
    • 278 11 MORE than 4,000 people turned up to hear Bill Gates speak on "Living the Web Lifestyle" at Suntec City last Thursday. There was sitting room for only about 3,000 people. The rest had to stand, and some had to be asked to adjourn to another room
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    • 415 11 Ask Bill@BT Microsoft chairman and CEO Bill Gates answers questions from BT readers In your book The Road Ahead' you discussed areas of concern frequently voiced by those worried about the negative effects brought about by globalising the information highway and pushing IT to the limits: dehnmsnlsatiom,
      415 words
    • 156 12 [SINGAPORE] Intel is launching this month a solution that enables small businesses to set up low-cost private networks through the Internet, said Intel network systems general manager Eric Fullerton recently. These networks, called virtual private networks (VPNs), can be as cheap as one fifth the
      156 words
    • 412 12  -  It launches 9 products and also a certification programme to train networking experts By. Raju Chellam [SINGAPORE] Intel Corp last week launched a range of networking products specifically targeted at the small and medium enterprises (SMEs) markets. The range, called InBusiness, lets small businesses with
      412 words
    • IT TAKES
      • 67 12 [SINGAPORE] The republic and California last week strengthened technology and economic ties with a memorandum of understanding (MOU) between their economic agencies. The signing of the MOU was witnessed by Deputy Prime Minister Tony Tan and California Governor Pete Wilson. The agreement is expected to
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      • 42 12 [SINGAPORE] Kenan Systems, a US provider of billing and customer care solutions, opened its Asia-Pacific headquarters in Singapore on March 19. Despite the currency crisis, Kenan will double its staff in Singapore and Asia-Pacific this year.
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      • 50 12 [SINGAPORE) The Wireless Cable Association International Conference will be held on Thursday and Friday at the Marina Mandarin Hotel. Wireless cable delivers data wirelessly at high speed. This conference includes an exhibition on wireless cable equipment for video services, high speed Internet access and other interactive digital services.
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      • 66 12  -  Compiled by' Toh Han Shih [SINGAPORE] The Trade Development Board and a US organisation, the Conference Board, will organise a conference on "Making E-Commerce Work". This conference, focussing on electronic commerce, will be held on May 12 and 13 and is aimed at senior manageme and IT executives.
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    • 373 12  -  Customer is the key and no more wars, says the giant By] Kenneth James [SINGAPORE] No more religious wars. With this declaration, mighty IBM last week previewed in Singapore new sets of software suites based on the Windows NT operating system from arch
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    • ON THE SHELF
      • 69 13 CREATIVE Technology Ltd is out with a new family of six PC-DVD products, including a stand-alone model called DVDx2 ROM with a retail tag of U*****.99 ($240). Creative says the new offerings let customers select aspects of DVD technology to suit specific needs, such as
        69 words
      • 48 13 IBM has launched PC 300GL, an entry-level commercial desktop PC running on Intel's Pentium II processors at speeds ranging from 233 to 333 MHz, with prices starting at $2,779. This is IBM's first desktop PC featuring its SMART (Self-Monitoring, Analysis and Reporting Technology) software.
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      • 73 13 lOMEGA Corp says it has cut prices of its Jaz 1 GB drives by up to 26 per cent in Asia-Pacific with immediate effect. The new retail prices for the Jaz 1 GB External is $499, and for Jaz 1 GB Internal, $449. lomega's storage
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      • 71 13 GEAC Computers (S) Pte Ltd has launched Streamline, an integrated suite of enterprise resource planning (ERP) software. It is designed for Windows NT platform, is year-2000 compliant and is developed with Asian businesses in mind, Geac said. Prices start at $4,000 per concurrent user and
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      • 77 13 WRQ Software will ship next month a new solution called Reflection NFS Gateway 7.0, which runs on Windows NT Server and gives desktops access to the network file system, and helps companies leverage their existing investment in Unix resources. The solution enables systems administrators to
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      • 59 13  -  Compiled by Raju Chellam COMPUTER Associates International is shipping a Simplified Chinese version of its Unicenter TNG Framework 2.1 free to customers. CA says the traditional Chinese version is under development now. It adds that it is the only vendor to offer the Chinese market a
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    • 215 13 [SINGAPORE] The Gartner Group is expanding its range of advisory services for IT user organisations in the AsiaPacific. The three new services it has added include Windows NT strategies, knowledge management and telecommuting and remote access. The additional services were launched in Singapore for the Asean
      215 words
    • 473 13  -  The local company aims to expand e-commerce in the manufacturing sector By 1 Toh Han Shih [SINGAPORE] Local Internet firm Silkßoute Ventures will ramp up its Internet commerce business in the manufacturing sector this year, says its founding chairman, Wong Toon King. In an interview
      473 words
    • 315 15  -  MOU signed to develop 6 projects including search facilities in Chinese langnages By: Raju Chellam [SINGAPORE] Various innovative services, including search facilities in Chinese languages, will be available in the near future from the National Library Board (NLB). The board last week
      315 words
    • 280 15  -  By\ Kau Yi Kang [SINGAPORE] Local businesses were the big winners when the National Library Board (NLB) signed a memorandum of understanding (MOU) with the British Library (BL) last Wednesday. The MOU enables the NLB to have access to the British Library Document
      280 words
    • 296 16  -  They will identify network problems and fix limit By Kenneth Goh [SINGAPORE] HewlettPackard has rolled out a new series of Ethernet and Fast Ethernet products that will help network administrators reduce the cost and complexity of networking. The hubs, switches and network management software will
      296 words
    • 208 16 [SINGAPORE] Nokia has brought the promise of the mobile office a step further with the recent launch of the Nokia Card Phone. Targeted at notebook PC users who require Ml data and voice services, it supports voice, data, fax and SMS messaging over GSM
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    • 734 16 IBM calls the HP move competition and not fragmentation Reuters [SAN FRANCISCO] Sun Microsystems Inc faces a tough task at its Java One conference this week, as it seeks to keep control of a programming language it conceived as
      Reuters  -  734 words
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    • 368 12 When speed keeps your business costs down MHI H Just-tn-Time Electronic Commerce™ ECnet is an E-Commerce service that Sign up with ECnet, and you can be helps you connect to your suppliers and up within weeks, not months, doing customers fast. For less than $100 per business with your supply
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    • 20 13 I aum an education institution. The Straits Times Classified ismy course to success. CATS. 1800-737-1166 Call Today For Results Tomorrow
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    • 136 13 Come and hear the views of Hie Economist Group 's Asia analytical team on the shape of the recovery when and how it will happen. We invite you to explore the important issues and learn about our latest assessments on key markets in the region and how it will impact
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    • 158 16 ZI NISSAN FORKLIFT i *1?. vp=^==i i^' Vt >».. v.-- i *v. s '^v^;. Wj gggaa I<■l[J- I I M I?■Ti»-1 ft f t a i ill LilkJl& llf I I i MyiliMlfl |_^^B Br jR* M f V v I v.- >.. r *;-V' v I ■">'' fr v*-.»
      158 words
    • 16 16 Buy It. Sell It. Find It. i&ijL Classified. ysj Call Today For Results Tomorrow. 1 *00-*****6*
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  • COMPANIES & MARKETS
    • 483 17  -  This raises SingTel's investment in Philippine telco to above $250 m By' Teh Hooi Ling [SINGAPORE] Singapore Telecom will pump in some $100 million into its Philippine associate company Globe Telecom this year for its share of a rights issue. This will
      Source: Bloomberg  -  483 words
    • 210 17 Reuters [KUALA LUMPUR] Commerce Asset Holding Bhd is eyeing a large, strategic stake in MBf Capital Bhd, the Star newspaper reported on Saturday. It said Commerce Asset, which recently suspended talks to merge its subsidiary Bank of Commerce with RHB Bank Bhd, was looking for
      Reuters  -  210 words
    • 775 17  -  MARKET MATTERS BTglan crisis gives rise to a new trend deprlvatlsatlon By Eddie Toh THE ongoing economic crisis in Malaysia may lead to a new phenomenon known as "deprivatisation". Privatisation, to be sure, has been the country's main engine of growth in the last
      775 words
    • REGIONAL COMPANIES
      • 213 18 Bernama [KUALA LUMPUR) Hong Leong Finance Bhd is close to finalising a merger deal with Bolton Finance Sdn Bhd, Hong Leong Bank senior group managing director James Lim disclosed last Friday. "Hopefully, we will have something very soon," he said,
        Bernama  -  213 words
      • 482 18  -  It's asking $100 m for Amcol Warehouse; both assets said to be low-yielding By, Jenny Lam [SINGAPORE] Mainboardlisted Asia Food and Properties (AFP), controlled by Indonesia's Sinar Mas group, is selling two freehold properties its 50 per cent stake in Orchard
        FILE PHOTO  -  482 words
      • 514 18 Telecoms seen as major growth area in its core businesses Reuters [HONGKONG! Hutchison Whampoa Ltd is expected to report a 14 to 20 per cent rise in 1997 net profit on exceptional gains later this week, with telecommunications the major growth
        Reuters  -  514 words
      • 477 18 Bat restructuring not expected to bear fruit this year Reuters [JAKARTA] Indonesian mining company PT Tambang Timah's restructuring programme will boost its performance but benefits from the plan will not be seen this year, analysts said at the weekend. Tambang Timah. the world's largest integrated
        Reuters  -  477 words
    • INTERNATIONAL COMPANIES
      • 426 19  -  Analysts see synergy between Murdoch's Phoenix and ATV From. Loh Hui Yin in Hongkong MEDIA baron Rupert Murdoch has been tipped to buy a stake in Hongkong's Asia Television (ATV) station owned by Lim Por-yen, the businessman Taipei authorities have accused of bribery.
        426 words
      • 331 19 FT [LONDON] An attempt by Rupert Murdoch's News Corporation to take control of Mediaset, Italy's main commercial television company, has broken down. Talks between Mr Murdoch, News Corp chairman, and Silvio Berlusconi, the former Italian prime minister whose Fininvest investment fund
        FT  -  331 words
      • 392 19 They want more say in running of Korean high-tech bine chip AFP [SEOUL] SK Telecom Corp, one of South Korea's most profitable high-tech blue chips, is facing an unprecedented attack by international hedge funds following a government move to protect minor shareholders.
        AFP  -  392 words
      • 183 19 FT [LONDON] The Savoy Hotel, the luxury London-based group, is understood to have received an informal offer of £520 million (Ssl.4 billion) from Blackstone Group, a New York-based investment bank. The offer is understood to be higher than those discussed by Starwood
        FT  -  183 words
      • 224 19 Bloomberg [NEW YORK] Singer Co suspended its dividend, at least until the end of the year, as its fourth-quarter loss widened because of lower sales in Asia and Brazil. The maker of sewing machines posted a loss of U*****.1 million (***** million), or US$3.l2 a
        Bloomberg  -  224 words
    • FINANCE & COMMODITIES
      • 482 21 Dangers range from counterfeiting to high-tech break-ins, warns Basle report Reuters [BASLE, Switzerland] A group of international regulators warned financial institutions last Friday to improve the security of electronic retail banking or face the potentially expensive consequences. A study released by the Basle
        Reuters  -  482 words
      • 407 21 This will spark fiercer fight with domestic companies Reuters [TOKYO] Japan's potentially lucrative investment trust fund market is now the target of ambitious foreign financial firms trying to win a larger share of Japan's huge pool of individual assets. Analysts say the arrival of foreign
        Reuters  -  407 words
      • 446 21 Reuters [BANGKOK] Thailand's Bank of Asia (BOA) said on Friday that Standard and Poor's Corp's (S&P) placing of the bank on creditwatch positive was reasonable. It said the placing would certainly lower the bank's cost of funds. "I think S&P might upgrade the
        Reuters  -  446 words
      • 156 21 Reuters [LONDON] Equitas, the reinsurance vehicle set up to run off the Lloyd's insurance market's pre-1993 losses, has appointed Hugh Stevenson a non-executive director and chairman designate. Mr Stevenson, currently chairman of Mercury Asset Management (MAM), will join the Equitas board on April 1 and
        Reuters  -  156 words
      • 404 21 They are expected to help stabilise stock markets: analysts Reuters [SHANGHAI] China launches its first two big mutual funds today in a move analysts said should win the confidence and harness the savings of ordinary investors by bringing stability to the country's volatile stock
        Reuters  -  404 words
      • Article, Illustration
        1709 21 PRIME LEWPDIO RATES um 2L ABN Anro Bank VV lu ABSABaakUnita* m ANZ Banking Gro* I AIM Irish Bank PIC uTVt Awartcan Ei»rm tot Bvt tVi Arab Bank PIC 7V4 taHMUi BVi Ban ifln la* Bank BM Bvt BwaCi—■ iMittaBaw 7v« Banca Naztanai* M Lavoro ImlllnlU BVi Bangkok Bank |V%
        1,709 words
      • 570 22 Weeklyßoundup [SINGAPORE] On Friday, two news wires reported that the Bank of Japan desk had intervened on US$-yen. Sources said they expected the BOJ to intervene every time US$-yen went up to the mid to high-130s until the fiscal year-end. What has brought about this situation?
        Source: Simex  -  570 words
      • 819 22 COMMODITY Weeklyßoundup AFP (LONDON) Gold hit free-fall again last week, as dealers were panicked by a surprise sell-off by the Belgian central bank, which ignited fears of widespread selling from the official sector. The yellow metal has taken a pounding
        AFP; Source: Bloomberg  -  819 words
    • 1703 22 SICOM FUTURES Mar 20 RU6KR (Marts doskq it 5J0p«) RSS1 CONTRACTS cents/kg) Close Volume Open Month Low Sett (tonnes) Interest Apr 98 TI2.25 150 575 Itey 96 115.00 2225 Jan 96 ***** 3475 Jul/Sep 98 124.50 150 4245 Od/Dtc 96 130.75 130.75 130.50 75 5625 Jan/Mar 99 135.50
      1,703 words
    • 4361 23 M«t Mr* BPS MAS* Nav 28 I 23.502 137.110 3-1 6.56 Data tv lv tv ir mhe r*>25 i atoi 0410 0.21 043 C«mmt mm <*a» C$m> «ta) (eta) MCL Land Mar 13 P 194 50.7 5-3 13.7 Yl 1 1 1 1 1 I II
      4,361 words
    • SINGAPORE WEEKLY MARKET OUTLOOK
      • Article, Illustration
        163 23 Market outlook SINGAPORE stocks soared to new year-highs on DBS' prime rate cut last Thursday, with the Straits Times Industrials Index closing the week up 5 per cent at 1,679.11. A stabilisation in regional currencies also aided the general upbeat sentiment. Singapore stocks are likely to consolidate this week
        163 words
      • 266 23  -  Source: Analysed by Source: Analysed by Peter Coker, a director of Bridge Int'l Broking Relative Strength Index RSI measures the rate at which prices move. As a rule, an RSI above 80 indicates an overbought condition while RSI below 20 indicates an oversold market. RSI is more
        266 words
      • 118 23 WE LOOK at this as a technical trade. Osprey Maritime is just crossing its 50-day moving average. Historically, this has been a relatively good buy and sell indicator. The price has dropped from the 1.8 level in December to current levels of about 0.8. The bars on the
        Source: Bridge Info  -  118 words
      • Article, Illustration
        82 23 PROPERTY counters are expected to maintain an upward trend despite some profit-taking on Friday. Firstly, banks in Singapore are expected to announce cuts in interest rates, following DBS Bank's lead. It is possible that further prime rate cuts are possible. Secondly, lower interest rates will in turn improve
        Source: Bridge Info  -  82 words
    • MARKET REVIEWS
      • 532 24 NEW YORK Dow gains 304 pts to top 8,900 mark on five straight record-high closes AFP WALL Street's blue chips surged last week towards new heights, with the Dow Jones industrials moving ever closer to the 9,000-point mark. In a single week, the leading
        AFP; REUTERS  -  532 words
      • 315 24 HONGKONG Reuters CHINA'S recent pledge to defend the Hongkong dollar at all costs and a surging Wall Street were expected to help Hongkong stocks inch higher this week, analysts said. But analysts said uncertainty over interest rates and the state of the property market
        Reuters  -  315 words
      • 417 24 LONDON AFP SHARES here rode the upward wave of global stock markets last week, inspired by a string of record closes on Wall Street, to burst through the 6,000-barrier for the first time ever. The FTSE-100 Index rose by 174 points, or 3
        AFP  -  417 words
      • 347 24 TOKYO AFP ANY progress for Japanese share prices will be undermined by gloom over the economy, analysts said on Friday, after a 1.3 per cent drop over the past week. "Investors' disappointment over a stimulus package is prevalent," said Mitsuhiro Nakano, a strategist
        AFP  -  347 words
      • 853 24 HSydney +43J THE Australian share market is expected to search for direction in the week ahead, with little domestic data expected to be released to influence trade, brokers said on Friday. "Another quiet week is expected," Macquarie Investment Management broker Greg Matthews said. "The market has been
        853 words
      • 1838 24 Paris +148J9 FRENCH benchmark stocks closed mixed on Friday after investors dumped shares of France Telecom SA and bought oil stocks and Alcatel Alsthom SA. The benchmark CAC-40 Index rose 0.23 point to 3,688.92, after rising as much as 39.79 points to 3,713.00, breaking above 3,700 for
        1,838 words
    • KUALA LUMPUR STOCK MARKET
      • 435 25 AFP H Composite Index +23.08 THE Malaysian stock market will be looking to new economic measures and the central bank's annual report to provide direction, dealers said. "The market is anxiously awaiting announcements by the finance minister in parliament on Tuesday as well as
        AFP  -  435 words
      • 8906 25 MWSTRIAU Commmt prefects NN Last Vol Waak Mat Cap HH» taw CiUMiy SaX '000 HN> Law P/I M* 310 180 Ajinomoto 280 22 8 280 260 15.5 "3.5 148 73 Angkasa 125 16 81 125 104 2.9 184.3 290 123 Apollo Food Hlg 207 6 19 207 200 6.0 82.8
        8,906 words
    • WARRANTS & OPTIONS
      • 3732 26 IWt. Itftflt I IMilAflTl m IW7/M Last V« Waaft LMl Ooot. A«« M*fc Law StiM CmfMy Sata *ar- C000> MUX Law Bwyar J*« M 9 m 3000 m AMOB c5.5******6 17 14.5 18 81 8 3160 »Acar ******1 USS 15 *1.5 92 15.5 13 14 15 131 8.5 3164 Acma
        3,732 words
      • 192 26  -  WARRANT WATCH -By R Sivanithy A COUPLE of columns ago, we featured Malaysia's Commerce Asset Holdings' 1998 warrants, so this time round, for the sake of completeness, we'll have a look at a newer counterpart of the product. Commerce Asset's other warrant expires in March
        192 words
    • 2356 26 Week endrd Mar 20 Or Or 1997/98 Last VaI IN«t Lwtftata ON Dtv Yld Nat M Cap Hm> Low »tno Company Sf COOP) Law Bwyr Sa8ar H Cw H P/I >W 478 28 ms 5000 AIS8S0C 102 *9 4602 T10 89 TOO 102 5.0 3.3 U 40.8 TO4.6
      2,356 words
    • 6461 27 Week ended Mai 20 Or Of M *ft r*rt/9% Lut Vol «Nt U«t Ouata Wv OI» V* Nit Cap A»g hh> l— sma cinu> m» rooo) hm> l— «—r c-w p/i MBUCVVMLS 157 ia5 1020 ACE Dynamics60c... 36 unch 370 36 33.5 34 36
      6,461 words
    • 1227 27 Sr 6r M Wt 1997/9* Last Vol Dm* Last Oxrtt Otv Ok VN M Ca« Avg High Low StNo Company Satt COOO> High Low Buyor Mtr O W (mil Met 186 76 2000 ABR Hldgs St 106 *12 59 112 99 107 110 10 6.0 ai 154.3 44.0 104
      1,227 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        428 28 Source: Deutsche Morgan Grentell Research Source: JM Sassoon Stocks Volume •Renonq Btid 50c 109,032,000 SingTel 15c 96,622,000 *M Resources 81,745,000 *MBf Capital 73,202,000 DBS Land 65,312,000 •Reka pacific Bh 62,875,000 Wing Tai 25c 60,791,000 IPC Corpn 5c 48,419,000 Keppel LandSOc 47,524,000 •Pub Bk Foreign 45,236,000 Stocks SingTel 15c 299,823,206 DBS
        Source: Deutsche Morgan Grentell Research; Source: JM Sassoon  -  428 words
      • Article, Illustration
        60 28 INSAS Bhd closed two-and-a half cents lower on Friday at 43 cents on a volume of 3.3 million shares, compared with its 10-day traded average of 2.46 million units. In the near term, the outlook for this stock is neutral with a possible upward bias. But the medium
        60 words
      • 709 28  -  'I'll i! in i!RK AHEAD Dow is starting to look toppish and any major correction could boomerang on Asian bourses By R Sivanithy GOING by how things went on the local stock market last week, you'd think the
        Chart info from Bridge  -  709 words
  • Page 17 Advertisements
    • 228 17 Vouve Ov er $S You 're over 55. You 've spent a lifetime learning skills and developing talents. You 're a rich resource, and you 're free to choose what you want to do, and when you want to do it. If you have some time to spare, if you
      228 words
    • 375 17 Invest in Corporate Governance to protect your Company. Corporate Governance will be published 10 times a year and I each issue will consist of 12 pages of informative and beneficial Professor Andrew Chambers H information which will benefit executive directors, external c t-f .j auditors, internal auditors, audit committee members,
      375 words

  • Page 18 Advertisements
    • 332 18 •IDC IDC's Intensive One Day Review and Forecast of Asia's IT Markets Directions '98 is IDC's annual technology and market forum which provides an opportunity for marketing executives, strategic planners, MIS managers and IT professionals to gain an in-depth understanding of the current state and future trends of Asia's IT
      332 words
    • 413 18 April 20 Ths coirse covers two important areas of finance and accomtna Firstly, it w* teach you about tarerjn curency conversion and translation. Secondly. it wi r «<¥) provide an risight on the computational aspects of preparing cash flow statements. rcrt Who Shook! Attend Drectors General Managers Heads o< Departments
      413 words

  • Page 19 Advertisements
    • 156 19 Send bursty transmissions to Sri Lanka with Sing Tel Frame Relay Service. A r rirriTr- --iiirnnwiiiinynni i.. mi .ijiiiiwiiiiirniMiiiiiiiiiiifii'iiii r- -m-:* As one of the few carriers with links to Sri bandwidth-on-demand basis, you can ride on or an appointment with our account manager, Lanka and 50 other destinations (including
      156 words

  • Page 20 Advertisements
    • 1966 20 I I (Sottffiaiuiaiionj Sieat QtifoAea K I \Wb{ bw f lEt) NANVAZ SHARIF j ncrease( j investment in human resource development, provision of ROAD TO PROGRESS I ISLAMIC REPUBLIC OF PAKISTAN good governance, distribution of development in the country and m emphasis on social, moral and ethical reforms. Pakistan's current
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  • Page 21 Advertisements
    • 187 21 University of South Australia PhD MBA EMnt fli 13th Intake April '98 sth Intake April '98 HtHflP 1M 'Designed to develop Inrrcvalion |HkSk- and Creativity, Leadership, 100% in Singapore Min 3 years Entrepreneurial, Strategic Thinking High level of face-to-face contact and Communication Skills International team of PhD 18 months; 100%
      187 words


  • Page 23 Advertisements
    • 26 23 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. tCall C.A.T.S. at 1800-737-1166. Another Classified Service
      26 words
    • 311 23 Navigating the Realities Ahead A shift in the wind has created both turmoil and opportunity in the Asian hotel sector. How will investors/owners, developers, lenders and operators navigate through these emerging new realities of the region? Horwath's 9th Annual Hotel Investment Conference will confront the year's major issues: Grand Hong
      311 words




  • Page 27 Advertisements
    • 52 27 a Wow! S"N. I A buyer I love this car 1 the very I that I found °ext day•/ through j |hp Tiftu»Q 1 vrooi"-\ C|assified Buyinfi or seilins through M vroom... a*, 1 what a 1 The Straits Times Classified is child's day. pretty car! 7 w—< ■Wf i
      52 words

  • Page 28 Advertisements
    • 1062 28 BUSINESS Notice S 'lo advertise call toll-free IXOO-741 INS.* IN THE MATTER OF THE COMPANIES ACT, CAP.SO BERJAYA SHIPPING SDN BHD (IN MEMBERS' VOLUNTARY LIQUIDATION) Al an extraordinary general meeting of the company held at 133 Middle Road #05-13/14 Bylands Building. Singapore *****3 on 18 March 1998 the following special
      1,062 words
    • 42 28 BUY it SELL;; FIND/7 Classified ads are purr... feet for finding lost little kittens. No matter what it is, you can always buy it, sell it or find it with the Classified. 10 11 fI I 1800-737-1166 ESS (•II F«r t•salts Tiamit.
      42 words
    • 115 28 Sunday Classified Mwct at Clarke Quay |cata| Every Sunday, 9am spm 4^|g| BL f %yl|j 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.
      115 words

  • SHIPPING TIMES
    • 281 29 Contributed by Simpson Spence Young A COUPLE of long-running sagas seemed to have been resolved in the dry bulk market. Following a series of rumours and counter rumours we finally have a Panamax deal to report. The sisterships Halla Pride/Halla Venus (72,900/98) are committed at around U5524.4 million
      Contributed by Simpson Spence & Young  -  281 words
    • 255 29 *rl> *b W CWT Otetrtkutton L. 0.79 O03 36 ClmiHl# 052 -OOI 313 Coaco Invtstmant 0.77S -OOI 21 PtototlMs 0J4 -0009 356 MMHi 0J45 uncH >01 MttSwHap 0.62 0.02 233 HMkMZom* 0.675 urxti 92 MCHoMngt 5.6 JayiHaWnn 0.57 -OOI 26 »1M war* S. 02 42 Car» 4.74 -0.12
      255 words
    • 367 29  -  Carrier will begin a weekly, fixed-day service with Korea Marine Transport Byl P T Bangsberg [SINGAPORE] Whatever others may think of Indonesia's economic position, Hyundai Merchant Marine Co Ltd reckons it still has potential. The carrier will begin a weekly, fixed-day service with Korea
      367 words
    • 194 29 AFX-Asia [HONGKONG] Oriental Overseas (International) Ltd is open to forming partnerships with other carriers, company chief financial officer Harry Wilkinson said. Asked about the possibility of mergers in the shipping industry, Wilkinson said OOIL seeks to expand through organic growth, but would not reject opportunities
      AFX-Asia  -  194 words
    • 52 29 .if [MYKOLAIV,Ukraine] The Ukrainian-made, unfinished aircraft carrier Varyag at the shipyard in the southern Ukrainian port of Mykolayiv. Ukraine said that it would sell the 67,000-tonne carrier for US$2O million (SS32 million) to a leisure company in the tiny Portuguese colony of
      REUTERS  -  52 words
    • 726 29  -  LINER SCENE By David Hughes LAST week CP Ships took another step towards becoming a major worldwide carrier with the latest rationalisation of the liner shipping industry. It announced it is to buy Americas and Caribbean liner specialist Ivaran Lines for an
      726 words
    • 402 29 ISM code will change traditional ways of doing business (LONDON] Greek shipowners said that they face a major challenge to their traditional ways of doing business from the new safety rules to be implemented by July this year. The Union of Greek Shipowners,
      402 words
    • 305 29 Reuters [SYDNEY] The Australian waterfront will be further disrupted by a 24-hour strike at Sydney's Port Botany tomorrow. The latest strike, by the Maritime Union of Australia (MUA), had been sparked by stevedoring company Patrick refusing to pay 333 wharf labourers at
      Reuters  -  305 words
    • 94 29 [LONDON] East German container shipping company DSRSenator said it has completed a restructuring which will lead to synergy savings of US$lOO million (Ssl6o million) in 1996. Korea's Hanjin Shipping became the majority shareholder in DSR-Senator at the start of the restructuring process about a year ago. The
      94 words
    • 698 30 ASIAN SHIPPING INDUSTRY Shipowners suffer as profits are squeezed by Asia's dwindling imports, despite rising exports to the West Reuters SEA traffic in financially troubled Asia has slowed in the wake of the region's economic turmoil, and shipowners are feeling the pinch. Industry sources and brokers
      Reuters  -  698 words
    • 359 30 PACE ESP Lines M ANl 3 tthtopian 6 Accord 8 Ewgreen Ahrenkiel M Farwxle M Appenship 5 FoonflSu" AsiaOCL 15 Fro,i '5 Astro 3 M Links 16 Austral 9 L A*ant )6 Gemartrans 8 B'tang Mas 8 G««shpg 9 BSA 7 Glory Nav
      359 words
    • 16917 38 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT CTA CTA Advertiser Vnui Voyage Telephone CTA ETA Advertiser Vessel Voyege Telephone SIN Dest'n Name Name Number Number SIN Oest'n Name Neme Number Number A To BRISBANE (BNE) 2058 Queensland, Australia To ABIDJAN (ABJ) 2003 23/03 n/04 msc Agy msc china oca ismiuo Ivory Coast
      16,917 words
    • SHIPS IN PORT
      • 670 45 insd Voy No B«rth Arrival Ptpfturt J«r«iq Pari Aseansuccess 1138 JK> alongside, 26.03/0800 Bt Afrizai *****8 J01 alongside 23.03/0600 Bt Mm Gt6 ST *****8 J01 aiongs.de 4 22.03/1800 BtPulTelor *****8 J01 alongside 23.03/0600 Bt Sultana J *****8 J01 alongside 22.03/2100 Buenasun 9803 J07 alongside 23.03/0800 Cheung Siting 1
        670 words
      • 1895 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofcing/BalMC* Rstls Ship Voy Wo Etb/Btr from To from lam an nm» wmt iv*» unrn n 22am amm amm s ivom arm amm 4 21/VN 23AM 21AM ac, BAt ma mbn 5 22AM mm amm 21 22/TTOO 2VM99 23/IM i
        1,895 words
      • 188 45 Mju-28 Greece: Independent Day. Apr* Hong Kong: Ching Ming Festival. Apr 7 Brunei: Hari Ray a Haji. Malaysia: Hari Raya Haji. Apr® Denmark: Maundy Thursday. Mexico: Maundy Thursday. Apr 10 Australia: Good Friday. Canada: Good Friday. Denmark: Good Friday. Finland: Good Friday. Germany: Good Friday. Hong Kong: Good
        188 words
      • 897 45 THIS report compiled by Cockett Marine Oil Ltd. shows price rente* in US dollars instead of tingle prices for a more comprehensive description of the market Prices shown are based on average-sixed stem Market movements are indicated. The Cockett Bunker Price Index chanye and the individual
        897 words
      • 377 45 Carta* 1*0 Max 9915 2.0 B.8 0.31 72 0.09 Mar 12 Mater HiMm Ask AMMm Ww> «oa*ME2S J 2 1 2 0 0 rrr m am nu, 0.4 *2 0.06 26 0.02 Jw. 300 Max 992.3 10 T9.9 0.M 64 0.06 W»1 %tn »w/M <fcn/w mm
        377 words
    • AIR & LAND TRANSPORT NEWS
      • 435 46 Bankruptcy court allows carrier to cancel leases of 7 aircraft Reuters [Miami] Pan Am Corporation won permission from US Bankruptcy Court on Saturday to operate as a charter service, giving the airline more time to find financial backing as a full-service airline.
        Reuters; FILE PHOTO  -  435 words
      • 578 46 AIRBUS FORUM Bloomberg [NEW YORK] Airbus Industrie senior vice-president John Leahy said the pan-Eu-ropean aircraft maker expects 1998 revenue to surge more than 70 per cent to a record US$2O billion (Ss32 billion). Bolstered by total backlog of US$72 billion, including
        Bloomberg; FILE PHOTO  -  578 words
      • 292 46 Reuters [NEW YORK] The Airbus Industrie partners, who want to become a single corporate entity by 1999, are nearly done evaluating their assets in the partnership, but may not be able to complete the transformation by the start of next year. The
        Reuters  -  292 words
      • 284 46 Reuters [NEW YORK] Airbus Industrie would like 40 per cent of the estimated US$B billion (5512.8 billion) cost of developing its A3XX superjumbo jet to be raised by partners outside the consortium. Airbus officials said. John Leahy, an Airbus senior vice-president, said Italy's
        Reuters  -  284 words
      • 388 46  -  Three new products guarantee delivery times of shipments By] Marcus Hand [SINGAPORE] Lufthansa Cargo is launching a trio of time-definite services for air cargo shipments. The three new products, "td.Pro", "td.X" and "td.Flash" offer a time-defi-nite promise which guarantees the time of delivery of shipments,
        FILE PHOTO  -  388 words
      • 281 46 [SINGAPORE] Emirates has introduced pre-paid calling cards for its inflight phone and fax facilities. The pre-paid calling cards, similar to phone cards used in ordinary pay phones, for sale on every Emirates flight and come in durations of two, four or eight minutes.
        281 words
      • 1695 46 CITY FLIGHT ETA FLIGHT ETO WW> W Abu MM 0*15* 1725 MP92 1935 Hat Val TG407 1540 TG408 1645 0*157 2235 mn zoo mm wa kmtttrtm KL843 0550 MW2 1935 HtWaU AT097 1850 AY098 2135 ***** 0755 ***** 2330 MTMMm S0977 1720 ***** OMS PW 8*
        1,695 words
  • Page 29 Advertisements
    • 19 29 Asian shipping industry buffetted by economic storm Shipowners suffer as profits are squeezed by Asia's dwindling imports. Page 2
      19 words
    • 117 29 Pan Am allowed to operate as charter service Bankruptcy court allows carrier to cancel leases of 7 aircraft. Back Page Visit us at: SINGAPORT9B (March 24 to 27) Saturn Bm HuBM Booth 3H6-1 World Trade Centre Inmarsat B Marine Terminal Features: Voice Fax Telex High Speed Data v( A E-mail
      117 words

  • Page 30 Advertisements
    • 1165 30 NORTH AMERICA I I EXPORT I 1 OTHER DESTINATIONS 1 SSX-BUPERSHUTTLE EXPRESS-DIRECTTO LA 1 1 DIRECT BERVre TO WEST COAST SOUTH ANOBBgXPWBM SBMCt wssa wr taw mai ia mi mm lokl nv "racoon vrcsa Iw» I luaiito |wmwwu|ciiuo io I ummun mmtao n-. =77; 5«7J5 —iaTJu T775S —uTm i»7Sr~u7o4 M/M
      1,165 words
    • 694 30 A Members ol the [2BQm!| by Members at the Registry at pTTI Singapore Freight Forwarder \v|jjPw Accredited Shipping Agents QUy Association Singapore Association Send out 48,000 Place an ad in... SHIPPINGTIMES Just tafc to •IrisUm *****44 Jarred Uong *****89 EXPORT 3 x Japan •2 x Hongkong •1 x Manila -1
      694 words

  • Page 31 Advertisements
    • 1017 31 TO EUROPE FROM EUROPE Vissa VOY SIN RTM ANR HAM ItV SOU FXT UN IvtSSIl VOY IT* AND HAM MV SOU FXT UH SMI MOStt 1U« 20/03 05/04 07/04 10/04 11/04 NOtCYPRMf 4090 04/03 21/02 02/03 21/03 HOI AGAII 3111 24/03 10/04 11/04 14/04 00/04 HOC KXiTf 2100 01/03 03/03
      1,017 words
    • 1766 31 I HANJIN SHIPPING HANJIN SHIPPING (S) PTE LTD hn» hwuM com MXMING 3?40?3S 737 SAUS *****74 731 DOCUMENT *****71 274 OPERATIONS *****41 752 MAIN lll( *****55 FAX *****40 CR NO; **********QM TO NW USA A CANADA I USA CANADA* EDR VSL/VOT IAM SIN UK HAIR/VOT «A TTW DEN POX CH
      1,766 words
    • 108 31 ORIENT EXPRESS UNES (U.K.) LIMITED QPJ, (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VESSEL VOY SINGAPORE IPMIAY VESSEL VOY lOMIAY SINGAPORE NORDKAP 424 23/03 01/04 SS SINGAPORE 100 11/03 23/03 SINAR TQBA 226 27/03 05/04 SINAR TOBA 225 15/03 27/03 OOCL ADMIRAL 015 30/03 08/04 OOCL ADMIRAL 014
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  • Page 32 Advertisements
    • 1586 32 MR-SENATOR UNES TO UK/CONTINENT TO RED SEA/MEDITCRRANEAN/CANADA VtSSfl I VOY ISM I IfH WTM AMI HAM |o«V IFU I VtWl Wl SW JtD OT SPt |h» ttC MTU POOONG SENATOR WH4I3 24 U 10 04 12 04 13 04 14 04 IS 04 10 04 LONDON KN WMOIO 01 04
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    • 1203 32 MY RMNNICb LJNE vml W«t> S«t» Mlp: //www.yml.com.tw li] IJIWiTI !H II 1 t4'l.li!'!j'Wlj m rwi.iOfi/.vit.MiilJ.UmjlTßn nwctmraarEVßTTtxurmaimumoay VESSEL VOY SIN CMS RTM HAM FXT LEH ANR MING GALAXY A6I2W 27/03 31/03 18/04 16/04 15AM 20AM SETO BRIDGE J6I2W 31/03 17/04 19/04 2004 22AM GIBRALTAR BRIDGE ABI3W 03AM 07/04 25AM 23AM
      1,203 words
    • 485 32 LINK SSr A Till *****56 FAX: ***** IS 1 MUARA n LABUAN vissa vor rro n* vissa vor rro ru SfOCI MUAIA SPORE UN lntosrei VOH/ft 24/03 17/03 LFROSFII VM/N 24/03 JAW AHKOORT Vom/n 01/04 AWICWtT VOK/N 21/03 02/04 inosra von/* 02/04 os/04 ifmsfb vok/* 02/04 m/m APttGUKT Vo*/« 07/04
      485 words

  • Page 33 Advertisements
    • 1564 33 I VESSEL VOY SIN BKK POU PKQ PEN BLW SUR BA BIK IRAN SHOJAAT PJL-1271 18/03 M/ 03 IRAN TEYFOURI PJL-1273 21/03 30/03 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIESIE AZARBAIJAN ARMENIA, KAZAKHSTAN, UZBEKISTAN, TURKMENISTAN, KIRGISTAN, TAOZHIKISTAN GEORGIA VIA B. ABBAS, BIK AGENT IN SINGAPORE AGENT IN
      1,564 words
    • 1999 33 EVERY MONDAY 1 DIRECT TO JANM I KOBE 7 MYf I NABOTA DATS I I SINGAPORE'S GENERAL AUNTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) *****02 O FF I I COSTAR SHIPPING PTE LTD «17-08 DIS HOG SALES/BKGS *****41/43 INWARD DEFT (0/0) *****8S COSTAR AGENCIES (M) SDN
      1,999 words
    • 652 33 I t—, EASTERN CAR LINER, LTD. -Sfsri?" |EJ EgCSIHGAPORI) fitIIP SimXL 1 SPECIALIZE IN RORO HEAVY LIFT UPTO 122 TOM?! ECL (SINGAPORE) PTE LTD LOADING FOR MANILA/HONG KONG CHITTAGONG/CHENNAI MV "WHITE FLORES" V.6 MV "IB EVERETT" V.7 ETA SW 23-24/03/98 ETA MNI 30/03/98 ETA SIN 26/03/98 gA CTG 31 /03/98
      652 words

  • Page 34 Advertisements
    • 1493 34 EUROPE/UK/SCANOINAVIA/FINLAND/HUSSIA SGP RDM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP E RACER RW-021 28,03 17,04 22 04 18/04 20/04 21/04 22/04 E GAINING RE 062 23/02 25,02 24/02 26/02 28/02 23/03 24/03 E OECENT RW-003 05,04 24/04 29/04 25 04 27 04 28/04 29/04 E
      1,493 words
    • 876 34 Ai MAfi-MELS S'MttE M'slA Carrier: MN CONTR LINES, INC I Jon MO. **********0* SIBU: (084)*****9 MANILA: (632) *****24 V N PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELAWG: (03) *****77 JKT (21) *****07 MOW: (61) *****3 KUCHINO (062) *****1-3 MANILA GINOA/ll HARVI MV "PIYA BHUM" V.9OC MV
      876 words
    • 426 34 ria. NANTAI LINE FULLY CONTAINERISED SERVKE TO MAURITIUS SOUTH AERKA VESSE I VOT I SIX I PLU I DUK CPT I «/MT mm mm ooss w/03 07/w n/04 is/m mrairma wis qs/04 n/m 21/04 NANIAI VENUS 074S 14/04 23/04 27/04 01/DS 04/05 GOIOtN WAGON 004S 21/04 30/04 04/05 01/05 NANttIWBNCESS
      426 words

  • Page 35 Advertisements
    • 538 35 BSfl il M MYANMA pHBk FIVE STAR UNE W (Myanmor Natioaol Lint) loading for Yang on (Rangoon) VHSB VOY SIN PKG PIN PGU m iuw uo PAGAN 2S4W 24/03 MALAYSIA AGfNTS: ROtKTEAD SHIPPING AGENCIES KUL HI 02-03-*****00 PKL TCI 02-03-*****01 Pl* TCI 02-04-2****** PGD: TIL 02-07-*****21/4 BANK LINE (A Mrvkt
      538 words
    • 1249 35 A HYUNDAI MERCHANT MARINE GO. LTD. sou I iml rtm I ant I ham Iwy i re. 1 vissa voy I sou 1 uh rtm ant nam pgv ifr PTI NOLAGffi 310W ***** 04/04 WW T7/04 11/04 11/04 14/04 NOlCfm* 3101 24/02 04/03 03/03 20/02 20/02 03/03 21/ M KT
      1,249 words
    • 857 35 norwgion ipaciofaad oufocomen JUMJMLHEIMS£/V (j^£)S(S](S mm mm i/\ss TO NORTH AND LATIN AMERICA Ro HEAVYUFT SERVICE" [VESSEL VOY RAMP HEIGHT SIN UX C*l (MU I SAV IMI I Otf INTC KW MM SfiSu fio7 400 t«, 04/64 64/6J W7lTfi7R"Tl7irTl7ir TAMPA f#oB 4001 ms 6.3 M IS/04 10/0S 19/05 22/05 24/05
      857 words

  • Page 36 Advertisements
    • 919 36 BANQKOK/LAEM CHABANO JAK ABTA/PAN JANO VESSEL VOY siS BKK LCH VESSEL VOY SIN JKT PJN KITI BHUM" 46N 24/03 27/03 ACX RUBY* 18S In Pt 26/03 NANTA BHUM 386N 24/03 28/03 27/03 OEJA BHUM 740S 24/03 27/03 2C/03 SRISAMUT SRS37S 25/03 28/03 XETHA BHUM ***** 2C/03 28/03 MATHUBHUM 361N 25/03
      919 words
    • 468 36 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 MB TEL: *****68 FAX: *****64 TLX: R*****5 SINMER mfm CR No: **********0W Receiving Cargo at PTI Bintulu I Muara VESSEL VOY SIN HU VisHl VOY SIN MUA I Seng V9806E 79 30/03 02/ M V9«os€ 2324/03 29/03 BSena V9807E II
      468 words
    • 650 36 1 ACCORD A SHIPPING PTE LTD A—B Til: *****15 (40 Lin*s) FAX *****30 POSTKLAHG (03)3****** 0 m OIRICT ACCESS TEL *****55 (CXPOAT BOOKING) HSUIGUDAHG (07)35) 13// *****34 (EXPORT DOC), *****39 (IMPORT) PiHAHG (04) *****40 URL:HTTP://WWW.ACCORD.COM.SO JAKAKTA (it) 440 0/70 POUT IM SIM FOtT ETA SIM PORT ITA SIN POUT IU
      650 words

  • Page 37 Advertisements
    • 367 37 INDONESIA NATIONAL LINE TO EUROPE jXPntag SEIW-CONTAINIiRISED SERVICE Ml VOY I rraß I ADAM/R DAM HIURO lIREMEnI ANTWERP VESIfL 43W LjVgflJ ?7/4 1/5 OMIT bib TO AUSTRALIA ~l ML VOY WIG SW Hit IWE SYD MBL HSA AOt FRt MJiOCUMA vans 12.U3 1403 2ZQ3 ?703 MttJj 02.04 »W KAMA I
      367 words
    • 1021 37 PACIFIC INTERNATIONAL UNES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO: **********06 Ivissii VOT m SIN stp wi API FM P»l _SfiL_ KOTA PEBWIRA PWWOOI ?7/3 26/3 W 12/4 M/« 18/4 OOCI AOILITY QArOII 3/4 4/4 It/4 16/4 21/4 24/4 1/S 2/S KOTA PtItTAMA PTMOO3
      1,021 words
    • 953 37 Il^ggli^s VESSELS VOY SIN JED MLA LEH MAM THP RTWj ZEE VILLE D€ GEMINA H24W 19/03 27AH 01/04 OM>4 OMM 10*04 1004 11 AH VH-LE D'ORION Y24W 24/03 01/04 06/04 12/04 13/04 15/04 16/04 16/04 Vt-LE DE TANYA T23W 01/04 10/04 15/04 20/04 21/04 23/04 23/04 24/04 VILLE DC M>MOSA
      953 words


  • Page 39 Advertisements
    • 41 39 To retrieve more schedules, just follow these simple steps... document gXiiai 740-6000^^^^~^ tep be faxed M J the port I your Step key in the four number f digit code Key in your Example: < fax number To NEW YORK (NYC) 2275
      41 words



  • Page 42 Advertisements
    • 1243 42 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 CHAN J*****Z38E5EE3B 7 slgs/week 2 slg/week 1 VESSEL TVOY TsiN IJAK [VESSEL VOY SIN PLB MAERSK JAKARTA 9813 IN PT
      1,243 words
    • 626 42 |#n ENG LEE SHIPPING CO PTC LTD I I MaJA T«4: *****75 Un<l fat: 5)3«M1/S)lttM I I Np__ <■■•» OOC I VESSEL VOY SIN nA SIN ETD DESTINATION Smor Central 05/98 21/03 23/03 Paomona/Buomn/Tflotj Rosmolmwn 05/98 23/03 24/03 Polemtong DwiOoyo 08/98 24/03 26/03 Peic«c% PBoru/Buoton Union Stv 12 05/98 24/03
      626 words
    • 505 42 SIN FAR EAST 29/03 KEELUNG/KAOHSIUNG 29/03 BANGKOK 30/03 MANILA/CEBU 29/03 JAKARTA/BELAWAN/SURABAYA 29/03 PORT KELANG/PENANG/E MALAYSIA 25/03 BUSAN 29/03 TOKYO/YOKO/KOBE/NGO/OSA 29/03 HONG KONG SM CHINA ("PH#±»*n) 29/03 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 29/03 LDN/FIX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SJN USA/CANADA 31/03 LOS ANGELES/NEW YORK all IPI
      505 words
    • 492 42 Singapore Soviet Shipping a&Co. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTARATU RTUOOS 30/03 00/04 18/04 19/04 FAIRY EAGLE 111N 04/04 11/04 23/04 25/04 KOTA RAJA RJAOO9 12/04 19/04 01/05 02/05 KOTARATU RTUOO7 19/04 27/04 09/05 11/05 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA VESSEL VOY
      492 words

  • Page 43 Advertisements
    • 1161 43 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE i VESSEL VOY I SIN 1 PIR I GOA I VIC I t£H ANK I FXT MSC HOUSTON 9810-3 25 MAR 07 APR 09 APR 11 APR QMf[ HME N SHARJAH ***** 29 MAR 11 APR 13 APR OMIT OMIT 1 9 AKK
      1,161 words
    • 1769 43 fcff* awn 1 jS I i WjL IVPS^VOTm I SQM IWW I It» DmEIIctII *MjQT* SHWg» NTK VtGA 19V1M13 0214 1104 70.04 1104 2104 *T* CASK* 01IA09 2102 01.03 0103 07.03 2103 3103 3113 0114 0214 NYKCASTM 02VMM 0914 2104 2714 2104 0105 OOdNnWUND 03U10 0713 0413 1013 1413 3103
      1,769 words

  • Page 44 Advertisements
    • 462 44 VESSEL VOY SIN MAA SIN I TIGER ISLAND 613N 20-22/03 26-29/03 03 06/04 I TIGER BRIIDGE 6UN 24 25/03 30 0204 07 oao4 I TIIGER BAY 615N 27 29/03 02 05/04 10-12-04 I TIGER WAVE 616N 31-01/04 14 15,04 I TIGER ISLAND 617N 03 05,04 09 1204 17 19/04 TIGER
      462 words
    • 846 44 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg REGULAR LCL FCL SERVICE TO CEBU (CEB), MALTA (MLA), BUENOS AIRES (BUE), SANTOS (SANTOS) VESSEL ETP SIN ETA CEB ETA MIA ETA BUE ETA SSZ PACIFIC EAGLE V63W 25/03 28/03 ESSEN EXPRESS V2BWDI3
      846 words
    • 1179 44 OOCL jS tnqopore Pte Ltd CFS Keppel Distrpk For booking 79 Ajism Rood #21-04 (S) *****6 Mk Sl3 #01-128 t enquiry (u\ V\ CI NO IIS7S7SOOOOH Ut 272 7827 call 3269 ISO VVs^]#J *****13 f«i 221 3942 f«»: 272 7825 L_ NORTH UIiRICA USA/CANADA AUSTRALIA TO USA I SCf I
      1,179 words

  • Page 45 Miscellaneous
    • 130 45 ws LEGEND: R Thunderstorm Temperoture t» c X\ V Shower Weather _X Wind direction with speed in knots Ravi vy Cloudy Sky Wove Serfoce winds ere indicated by errows which Hy with the wind One c 'e represents calm or light and varioble winds 1 One hoM Heche represents 5
      130 words