The Business Times, 27 March 1998

Microfilm: NL21174
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 THE BUSINESS TIMES 85C Internet: http://www.asial.com.sg/biztimes FRIDAY, MARCH 27, 1998
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  • Article
    MARKET SUMMARY
    68 1 □sni U6LM (-15.58) BT-SRI 684.04 (-6.45) □btookp 1,***** (-2.11) BTMGA 80L94 (-19.61) nMABXETMOOD; Kj| Mixed STOCK MARKET INDICES Thursday Change KLSE COMP ***** -3.47 NIKKEI 16,980.62 >***** HANO SENG 11,767.88 -6175 SET INDEX 470.67 9 4 JAKARTA COMP __***** +28.71 MANILA COMP 1310.37 1.05 TAIPEI WPI 9,014.17 -26.58
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  • Article
    FINANCE
    78 1 FOBEX RATES uss s$ USS 1.600 £(l S$/SS per 1.675 2.679 DM li£8 0.875 YEN 129.0 1.240* MS 3.615 0.442 HKJ 7.749 0206 BAHT 38.60 O.WI KUP1AH 0.019* St to ItO units PRIME SATES SINGAPORE* 7.81 KUALA LUMPUR 11.50 JAKARTA .28.99 BANGKOK 14.75 MANILA 52.90 HONG KONG 10.25 TAIPEI
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  • Article, Illustration
    Lock icon US$1b Temasek bonds snapped up in 6 hours
    707 1  -  Original issue raised by another USslsom in response to strong demand By i Conrad Raj [SINGAPORE] Six hours was all it took to sell US$l billion (Ssl.6 billion) worth of bonds issued by government-owned Temasek Holdings and convertible into Singapore Telecom shares
    Source: Bloomberg  -  707 words
  • Article, Illustration
    Lock icon 9 die after riot at Malaysian illegal migrants' camp
    393 1  -  From Eddie Toh in Kuala Lumpur THREE illegal Indonesian immigrants and a policeman were killed in violence which broke out at a Malaysian detention camp 35 km south of Kuala Lumpur early yesterday. A news report quoted Inspector General of Police
    REUTERS  -  393 words
  • Article, Illustration
    Heng Chiang Meng to join LKN
    303 1 [SINGAPORE] Former Real Estate Developers Association of Singapore (Redas) president Heng Chiang Meng has joined Lim Kah Ngam Ltd (LKN) as group chief executive officer. The listed construction firm said yesterday that Mr Heng's appointment would take effect from May 1. He is also
    303 words
  • Article
    S'pore to launch own US$2b Indon trade financing plan
    441 1  -  Bilateral scheme can include other nations later: PM Goh From Ronnie Lim in Bangkok SINGAPORE is moving ahead on its own to launch a US$2 billion-plus (553.2 billion) bilateral trade finance scheme to help Indonesia, instead of waiting for other participants
    441 words
  • Article
    Tokyo fails to impress with 16t yen stimulus
    716 1  -  Party elders nnhappy with Hashimoto's tight rein on spending From Anthony Rowley in Tokyo JAPAN'S ruling Liberal Democratic Party yesterday approved a 16 trillion yen (5J193.8 billion) public spending programme to stimulate the stagnating economy in fiscal 1998. At the same time,
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      125 1 maps Confidence returns Indonesia's financial markets soar as investor confidence in the government's economic policies returns, P*4 End taxi troubles? Plans are afoot to deregulate Singapore's taxi services industry, but new players will have to meet stiff criteria, Pg2 Taking Hitachi Zosen Keppel Ck>rp plans to take control of Hitachi
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      Page 1 Advertisements Column 2
      99 1 Mutual help key to recovery, Pg2 The Mauboussin 'Open Heart' mechanical watch. 18K white gold with diamonds and jade. <M» MAUBOUSSIN since 1^27 EXCLUSIVELY AVAILABLE AT: ROY EASTERN WATC II »OI K(> SK a #01 ?4 l.utky Plaea 304 Orchard Road Singapore *****3 Tel: (65) 734 3139 (65) 734 1935
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Plans in the works to liberalise taxi industry
      346 2  -  Free-market environment could emerge in 2-3 years' time, say sources By Christopher Tan NEVER seem to be able to get a cab when you need one? Take comfort: plans are afoot to liberalise the taxi industry to allow new players to compete
      346 words
    • Article, Illustration
      Lock icon Three new franchises open to local businesses at PSB showcase
      329 2  -  HDB shops urged to adopt franchising as quick way to upgrade By < Carol Eng LOOKING to start a language or tennis school for kids? Franchises for these, and for an American theme restaurant, were launched yesterday as part of
      ARTHUR LEE  -  329 words
    • Article
      Smart card giant Gemplus in US$50m Asian plan
      265 2  -  By Toh Han Shih GEMPLUS, the world's largest smart card company, will invest US$2O million (Ss32 million) in Singapore this year to set up its regional manufacturing hub, as part of a plan to invest US$5O million in Asia over the next
      265 words
    • Article, Illustration
      More new job seekers in Jan
      345 2  -  EYE ON THE ECONOMY Labour By Carol Eng THE number of job seekers on the Ministry of Labour's employment service register dropped a fair bit at the end of January to 1,970, after hovering around 2,400 for the second half of last year. However,
      345 words
    • Article
      Mutual help a key to recovery: PM
      365 2  -  From Ronnie Lim in Bangkok FOREIGN investors, including the Europeans, must be convinced by Asean and Asia that medium-term prospects in the region look good, if they are to continue investing here. And Asean countries can reinforce this by helping each other out,
      365 words
    • Article
      5 properties sold at JLW auction
      350 3  -  Best results so far this year; high turnout suggests improving sentiment By* Abdul Hadhi IN THE best property auction results so far this year, Jones Lang Wootton (JLW) sold five properties at its sale yesterday. The good response and the upbeat mood reflected in
      350 words
    • Article
      No need for 50% approval to wire up estates: SCV
      469 3  -  Residents in poor TV reception areas welcome new deal Catherine Ong SINGAPORE Cable Vision (SCV) no longer requires landed estates to obtain at least 50 per cent residents' approval before they can have cable TV. SCV president Yong Lum Sung
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    • Article, Illustration
      Lock icon Marina Square tenants petition landlord over promotions, rent cuts
      486 3  -  Number of vacant units also worries tenants Ky Frances Lui PONTIAC Marina, the developer of Millenia Walk, is not the only landlord with tenants up in arms over perceived poor marketing efforts and demanding rental cuts. Tenants at the neighbouring Marina
      FILE PHOTO  -  486 words
    • Article
      NTUC's May Day theme: United we stand
      153 3 PULLING together through the difficult times ahead is the theme of the National Trades Union Congress' May Day celebrations this year. With its slogan "United We Stand", NTUC hopes to reach out not just to unionised workers, said Yu-Foo Yee Shoon, deputy secretarygeneral
      153 words
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      81 2 Mfe Ihic FijPMiti/i i uis cvtnina >V V' wilHnnownce the three winners of the 1997 Singapore Business Awards. > T 4? »v > '> v *<•* <mTf CiV»T-'.<• -jh 4 sj'l t -< -i Hf ,v ''i 4 We Honour J:... '*>»;. V .v r '-w Mr Lim Hng Kiang,
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      169 3 SCVs high cable charge '11 put off customers, Pg 11 Club Chinois today and you can enjoy our exceptional cuisine for almost half the usual price. Connoisseur's Choice $48 Per Person (Usual: $88 Seared Tuna, Tuna Tartar Wuxi Braised Pork Ribs, Club Chinois Style Julienne of Fennel, Savoury Red Cabbage
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      13 3 A seamless network with a difference. It has no seams. 4 J > _'•>*• v
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  • MARKETS IN TURMOIL
    • Article
      Lock icon Camdessus endorses KL's tough financial reforms
      344 4 Reuters [WASHINGTON] The International Monetary Fund gave Malaysia's tough financial sector reforms its seal of approval on Wednesday, describing them as a way to guarantee Malaysian growth and boost economic stability across Asia. IMF managing director Michel Camdessus said in a statement that the
      Reuters  -  344 words
    • Article, Illustration
      Lock icon Indonesia markets rally on surge in investor confidence
      738 4  -  Imminent IMF deal, hopes of corporate debt restructuring lift sentiment From S N Vasuki in Jakarta INDONESIAN financial markets soared yesterday on a rebound in investor confidence about the country's economic policies. The Jakarta Composite Index jumped an impressive 5.7 per cent
      REUTERS  -  738 words
    • Article
      360b baht loss from defending Thai currency
      537 4  -  Central bank about to unveil figure, says official From, Harish Mehta in Bangkok THE Bank of Thailand will, within days, announce a massive loss of about 360 billion baht (5514.9 billion) that was incurred last year to defend the baht, a central bank
      537 words
    • Article
      Lock icon No bankers' pact yet on Indon corporate debt
      305 4 Bnt restructuring plan being considered: banker Reuters [NEW YORK] Global bankers have not reached any arrangement that would allow debt-laden Indonesian companies to postpone the repayment of capital, but a restructuring programme is being considered, a banker involved with the talks said
      Reuters  -  305 words
    • Article
      Shareholders okay Thai Farmers Bank's capital-raising move
      443 4  -  From Harish Mehta in Bangkok SHAREHOLDERS of Thailand's third-largest commercial bank, Thai Farmers Bank, approved a capitalraising exercise yesterday in what analysts said will be a test of foreign investor confidence in the country's revamped economy. A Thai Farmers Bank official told BT
      443 words
    • Article
      Worry over Labuan-based loan exposures
      503 4  -  Ealing on provisions fails to allay analysts'fears From Meera Tharmaratnam in Kuala Lumpur NON-PERFORMING loans for Malaysia banks with regional exposure rose substantially, and many such loans were arranged out of Labuan, Bank Negara accounts show. Nearly one-fifth of Malaysian banks' offshore loans were directed
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      13 4 Editorial, Pgll 1 f jr HiSKftifirt II 3L? > x I L i mm
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      37 4 GAXS. M h'A'S f°li«w ATTACK MANHATTAN RELAX IN PROVENCE TREK GUIZHOU'S HUANGGUOSHU WATCH GRIZZLIES GUZZLE SALMON SAVOUR ASIA'S TOP TROPICAL RESORTS «ps QUIET EVOLUTIONaON THE FASHION FRONT FOUR LONGINES DOLCE VITA WATCHES TO BE WON! Available Now!
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Thailand to get US$1b export financing loan
      371 5  -  ADB and 10 foreign banks, including DBS, agree to provide facility From. Al Labita in Manila TEN foreign banks, including Singapore's DBS Bank, and the Asian Development Bank (ADB), have agreed to extend a US$l billion (Ssl.6 billion) export financing facility to Thailand.
      371 words
    • Article
      Lock icon Indon jobless doubles to 8.7m since mid-1997
      217 5 JAKARTA Reuters INDONESIA'S unemployed have doubled to about 8.7 million since the country's economic crisis began last year, making up almost 10 per cent of the workforce, the Jakarta Post said yesterday. The newspaper attributed the figure to Manpower Ministry spokesman Sri Harto,
      Reuters  -  217 words
    • Article
      Lock icon Ramos could face death penalty: opposition
      274 5 MANILA Senator's comment follows allegations of graft by ex-official AFP PHILIPPINE President Fidel Ramos could face the death penalty if allegations of his involvement in a controversial real estate deal prove to be true, the opposition party said here yesterday. Senator Edgardo Angara, the
      AFP  -  274 words
    • Article
      Lock icon Heavy rain follows prayers, clears haze in Brunei
      187 5 BANDAR SERI BEGAWAN AFP BRUNEI saw clear skies yesterday after heavy rain cleared smoky haze from nearby forest fires that had forced the closure of schools in the sultanate. The rains came soon after Brunei Sultan Hassanal Bolkiah and top Muslim religious
      AFP  -  187 words
    • Article
      Lock icon Thai Farmers' Bank to battle millennium bug
      230 5 BANGKOK It expects software deal to solve problem by year-end AFP THAILAND'S second largest commercial bank has signed a deal with a US firm for a software package to help it beat the "millennium bug", a report said yesterday. The value for the
      AFP  -  230 words
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      416 5 There's money to be made on the worlds sharemarkets* But which ones? lUSA 6,206,907 BRAZIL 136,664 TURKEY 26,529 JAPAN 1,498,560 MEXICO 108,530 KOREA 25,409 UK 1,284,817 SOUTH AFRICA 89,439 IRELAND 23,907 GERMANY 584,682 BELGIUM 75»53° AUSTRIA 23,007 FRANCE 474,453 DENMARK 67,719 ISRAEL 22,362 .SWITZERLAND 465,596 INDIA 53.4°4 GREECE 22,253 NETHERLANDS
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon China's new reform plans get cautious welcome
      515 6 WASHINGTON Analysts praise ideas but remain skeptical about implementation AFP ECONOMIC reforms promised by new Chinese Premier Zhu Rongji are getting a warm if cautious response from analysts, who say the measures face tough political and economic obstacles. "I am skeptical, but what
      AFP  -  515 words
    • Article
      Lock icon WTO entry: Zhu to press Europe for strong support
      283 6 BEIJING New Chinese PM to visit London, Paris next week AFP CHINESE Prime Minister Zhu Rongji will press European leaders to more aggressively support China's case for early entry into the World Trade Organisation (WTO) during upcoming meetings in London and
      AFP  -  283 words
    • Article
      Lock icon China bans banquets, gifts for axed officials
      165 6 BEIJING AFP CHINA'S anti-corruption authorities have moved to prevent send-offs from being thrown at public expense for millions of officials now losing their jobs, the official People's Daily said yesterday. The Supervision Ministry and Central Commission for Discipline Inspection issued a circular earlier
      AFP  -  165 words
    • Article
      Lock icon HK banks' new mortgage loans in Feb fall 1.5%
      239 6 HONGKONG Bat 5J% rise in loan approvals suggests March may be busier Bloomberg THE value of new mortgage loans made by banks dropped for the fifth month in a row in February, according to statistics from the Hongkong Monetary Authority, the
      Bloomberg  -  239 words
    • Article
      Lock icon Beijing limits issues to one class of stock
      249 6 SHANGHAI Reuters CHINA has barred domestic firms from listing more than one class of stock in a bid to share market wealth and deflect complaints of unequal treatment, analysts said yesterday. As China's communist rulers promote the stock market as a way
      Reuters  -  249 words
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      1674 6 BALANCE SHEET AS AT 31 DECEMBER 1997 5. Hire Purchase Debtors 1997 1996 iQO7 Hire purchase debtors 2,271,436 2,311,184 Note 1997 1996 Less Reserve for unearned charges 287,499 336.881 Fixed Assets 4 600,295 620,406 Hire Purchase Debtors 5 1,072,095 884,972 $1,983,937 $1,974,303 Loans and Advances 6 879,594 861,983 Receivable within
      1,674 words
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      Page 6 Advertisements Column 2
      191 6 —'ttMH WORLD WIPE I Since 197S our worldwide staff of over 27S multi-disciplined professionals I including lawyers, chartered accountants, chartered secretaries and I bankers have provided confidential and cost effective company formation I in all the major low tax areas including: I Full professional after sales service provided. For a
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      1245 7 MIS 25th Anniversary Blazing a Trail for the Marketing Profession in Singapore... Then, Now, and into the Next Millennium ver the past 25 years, the Marketing Institute of Singapore has led the way in setting standards and scoring a number of significant achievements for the marketing profession. The future will
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  • ASIA
    • Article
      Lock icon S Korean jobless at a 14-year record high of 5.9%
      495 8 I SEOUI Govt expects rise to 7% this month; high unemployment likely over next 3 years Bloomberg SOUTH Korean unemployment rose to a 14-year high of 5.9 per cent in February and is likely to keep climbing as the country
      Bloomberg  -  495 words
    • Article
      Lock icon Japan central bank to keep rates low
      230 8 TOKYO Bloomberg THE Bank of Japan said it will maintain its discount rate and its target for overnight loans between banks at record-low levels to shore up the economy. "By unanimous vote, the Policy Board decided to leave monetary policy unchanged," the central
      Bloomberg  -  230 words
    • Article, Illustration
      Lock icon Copper trader Hamanaka gets 8 years' jail
      480 8 TOKYO Judge raps Sumitomo for lax supervision, obsession with profit Reuters A JAPANESE court yesterday jailed for eight years "Mr Five Per cent", the world's former top copper trader who lost his company, Sumitomo Corp, US$2.6 billion (554.2 billion) through unauthorised deals. The
      Reuters; REUTERS  -  480 words
    • Article, Illustration
      Lock icon Australia unveils reforms
      163 8 CANBERRA Bloomberg AUSTRALIAN Treasurer Peter Costello introduced a raft of legislation to parliament designed to implement reforms to the financial system which were announced in April 1997 in the so-called Wallis report. "This series of bills puts in place a structure designed to improve the efficiency and
      Bloomberg  -  163 words
    • Article
      Lock icon Coup? No signs of one, say foreign residents in N Korea
      370 8 BEIJING AFP [BEIJING] Foreign residents in North Korea said yesterday they had seen no sign of a reported coup in the faminestruck nation. North Korean diplomats in Beijing also denied there had been a military purge, as a Hongkong
      AFP  -  370 words
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      415 8 Location: Senoko South Business and/or Assets for sale Production lines for 1.8" and 3" disk drives Engineering Laboratory Quality Control Laboratory Clean Room Inventory Production will be running at one shift. Additional details are contained in the Company's Information Memorandum which may be purchased at US$5O.OO per copy. For enquiries,
      415 words
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  • THE WORLD
    • Article
      Lock icon US economy up 3.7% in fourth quarter
      593 9 WASHINGTON Revised figure shows growth slower than earlier estimates as Asia crisis bites Bloomberg THE US economy grew at a slower pace in the fourth quarter than previously estimated and the crisis in Asia led to the first drop in corporate profits in
      Bloomberg  -  593 words
    • Article, Illustration
      An air of confidence in the future
      772 9  -  EUROPEAN VIEW Recent events may lead to a big leap in communications, rewards in Russia, Africa By Kevin Sullivan THE US-Swedish deal announced this week between Sun Microsystems and Ericsson promises a quantum leap in mobile communications, putting two different kinds of technology
      772 words
    • Article
      Lock icon Yeltsin sees dominant role for Europe
      248 9 BORRESIDENCE, Russia AFP RUSSIA'S bonds with Europe will give the continent a dominant role in the world, President Boris Yeltsin said yesterday after summit talks with the leaders of France and Germany. "Greater Europe will be a hegemony because Russia has joined it," he
      AFP  -  248 words
    • Article
      Lock icon UK's non-EU trade deficit widens to £1.6b
      641 10 LONDON Aircraft, silver, cheaper Asian products, strong boost imports Bloomberg BRITAIN'S trade with countries outside the European Union widened more than expected last month as purchases of aircraft and silver boosted imports while exports dropped. A strong pound and cheaper imports from Asia
      Bloomberg  -  641 words
    • Article
      Lock icon Clinton to boost confidence in Africa
      258 10 JOHANNESBURG Bloomberg US PRESIDENT Bill Clinton this week is seeking to build investor confidence in the newest emerging market: Africa. At a stop on Wednesday in Kigali, Rwanda, Mr Clinton pledged US$3O million (Ss4B million) to help Rwanda, Burundi and the Democratic Republic of
      Bloomberg  -  258 words
    • Article, Illustration
      Lock icon Blair salutes UK's Asian highflyers as role models
      351 10 LONDON Top 200 Asian millionaires' wealth up £2b: report AFP BRITISH Prime Minister Tony Blair late on Wednesday paid tribute to the success of Britain's Asian highachievers, praising them as "role models" for the 21st century. He and his wife Cherie were
      AFP; REUTERS  -  351 words
    • Article
      Lock icon EU sets new terms for Credit Lyonnais
      247 10 M BRUSSELS Bloomberg CREDIT Lyonnais SA must sell its German and Belgian units to get European Union anti-trust clearance for the French state's multi-billion-dollar bailout of the bank, the EU's anti-trust chief said yesterday. The German unit, BfG Bank AG, is "absolutely" on
      Bloomberg  -  247 words
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      22 9 v. v fTffTofir"' J ~-^-^^|BKa^^^«^M§jLB^B^giffltgj^fc^^!flggc.-->,^^- IPI- 1-, wM^HK jgjS^iag: v^VI iifew v "^>S;" l '--> r* r V E Tv» .-»-V? jyjjL fei
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      Page 9 Advertisements Column 2
      980 9 \lftS The Royal Bank of Scotland pic M Incorporated in Scotland Head Office: 42 St. Andrew Square, Edinburgh, EH2 2 YB. Singapore Branch: 6 Battery Road, #27-01, Singapore *****9 I The Royal Bank of Scotland pic and subsidiary companies The Royal Bank of Scotland pic and subsidiary companies H H
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      37 10 ®®WET |f M BILL DIEHL. ABC RADIO NETWORK 4 academy award® Nominations best Supporting actor Best Cinematography best Costume design best Original Dramatic Score > Tra* MATTHEWTCONAUGHEY < wfl www.uip-sg.com a SNEAK PREVIEWS TBS WEBKMID Individual cinema llatlnti||f '^^^^iljjjjjjll^ljlijjjjjjjjjjljjijlp
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      48 10 HUGO BOSS I'J SUIT UP WITH BOSS THIS SEASON v ,»>> PROMOTION NOW TUI9 APRIL Jf -'y f a COMPLIMENTARY GIFT OF A SHIRT AND TIE WITH PURCHASE r v OF A SUIT. SHIRT $219; TIE $129 ISETAN SCOTTS LEVEL 3. NGEE ANN CITY #01-03/04, SUNTEC CITY MALL «01/061/063
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  • EDITORIAL & OPINION
    • Article, Illustration
      Will EPF be helping its members too ?
      708 11  - Will EPF be helping its members too THE BOTTOMLDIE OPINION By Eddie Toh The writer is BT's Kuala Lumpur correspondent THE Employees Provident Fund, Malaysia's nest egg for workers, is set to play a bigger role in the corporate sector, especially in the consolidation of the troubled banking sector. The
      708 words
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      IN OTHER WORDS
      141 11 I've been in this for a long time. This is the worst thing I had ever seen.' -Dale Haas US sheriff, on the two boys aged 11 and 13 who were held for turning a schoolyard in a small town in Arkansas into a shooting gallery in
      141 words
    • Article
      Residual doubts on Malaysia
      620 11 EDITORIAL THE lukewarm market reaction to Tuesday's presentation by Malaysian Finance Minister Anwar Ibrahim on the economy, and then to the measures announced by Bank Negara, may not have been fully justified, but was not perplexing either. For what the markets were expecting was nothing less
      620 words
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      Lock icon EU out to show it cares
      1018 11  -  It will announce at Asem meeting moves to help tackle Asia's financial crisis By\ Shada Islam The writer, a Brussels based journalist who contributes to BT, visited London recently THE European Union, working hard to dispel suggestions that it has been slow in responding
      FILE PHOTO  -  1,018 words
    • Article
      SCV's high cable charge will put off customers
      203 11  -  MAILBOX Denis Distant Singapore via Internet SINGAPORE Cable Vision (SCV) is soon to lay its cable to link up "houses behind Lucky Plaza", and interested parties will have to pay $2,350 compared with the $60 paid by HDB residents. The explanation is
      203 words
    • Article
      WHAT THE OTHERS SAY
      661 11 Zhn sets punishing pace THE moment of truth arrived for both Zhu Rongji and China last week. Even before he assumed his new duties as prime minister. Mr Zhu was under immense pressure to give a clearer picture to the public on how he would translate
      661 words
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      27 11 DOONESBURY By Garry Trudeau CUHTON'SPERSONALUFe I 111— VOIfS /S HIS OU/N BUSINESS! 1 -f UM...ANP I _m> MEAN. LOTS orMAPK//\Ges AN[? T SHOULPKVOtW J THATSOKAY TjLU I
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Body of evidence shows a businessman's success
      693 12  -  The philosophy now is work out or lose out, says romaxj> dworkdt RONALD DWORKIN LATWP IT USED to be that the model of the successful male was the portly business executive with two chins and a fancy cigar. But over the past 20
      LATWP; FILE PHOTO  -  693 words
    • Article, Illustration
      Lock icon High-tech, high cost but hardly howler free
      696 12 FILM A USs2oom budget and superb visual effects could not mask inaccuracies in Cameron's Titanic LATWP FOR the hfelong Titanic junkie, this year's Academy Awards prompt a particular sinking feeling. James Cameron's spare-no-cost film treatment of the most famous shipwreck since Ulysses' won
      LATWP  -  696 words
    • Article, Illustration
      Lock icon Cameron's sunken treasure
      307 12 He's now trying to salvage some of his waived salary LATWP JUST about everyone associated with the movie Titanic seems to have profited handsomely from it. Everyone, that is. but the man who made it, director-writer James Cameron. Despite 11 Academy Awards, more than US$l.2 billion (Ssl.9
      LATWP; FILE PHOTO  -  307 words
    • Article, Illustration
      Lock icon Baywatch babe shapes Virgin entry in cola wars
      641 12 SOFT DRINKS Branson takes on Coke, Pepsi with a bottle shaped like Pamela Anderson LATWP RICHARD Branson, the flamboyant British entrepreneur who made millions splashing the name "Virgin" over everything from an airline to vodka, plans to challenge soft drink giants Coke
      LATWP; FILE PHOTO  -  641 words
  • Page 12 Advertisements
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      97 12 SAVOUR THE WORLD HBHWine IN ONE BBJlii l SERVING Indulge like never before in one choice destination at Carmen's Seafood Wine the gastronomic paradise! Exquisite Mediterranean and French cuisine. A bouquet of choice wines from the best vineyards. Sizzling live performances from South America dishing out a fine selection of
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      208 12 THE WEATHER Singapore: Fair and warm, except for showers in the late afternoon mainly over Western Singapore. Temperature<3s-27) AsU-Pmotllc 'Hl/Lo* Cood. Europe BVLo' Cood. America Hi/Lo* Good. Auckland 2117 (toady Amsterdam 12/06 Showers Buenos A«s 24-14 Shrmws Banout (loud) ,»>■ IID7 Showm Btp« 21 04 Sum Boil 09 04 Rain
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      781 13 Buy It. Sell It. Find It. Classified, I CATS. Call Today For Results Tomorrow. 1800-737-1166 Where to wine, dine and entertain... "t saJill»«««] ——————J JJ >— —1 What Kelt er way to celebrate a threat week than Sunday Brunch at The I Cafe-in-The-Part? Enjoy the finest branch and service at
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      Page 13 Advertisements Column 2
      176 13 ~^g~: Riesling Grand Cru Kir.vbberg 1996, A fj Vineyard SnaiL (J frogUg,* with Beet eAlsace We bring you the wine Jjfl' cuisine ot Alsace. 27 March 8 April ho,i A rP et m Please call 831 6258/9 LWIuIZ for reservations. »<Hh iioor S/XXI.■ CMH tMUHt WtlTtM .rM-ri AM MMm If
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      733 13 TV&RADIO 7.30 Suddenly Susan 1.00 I'M TV Innovations. IJ Love You, I Think (See 3.00 CDIS. 2.30 I'M TV Innovations. Our Choice). 4.00 Hiburan Hujung Ming--4.00 Kidz Blitz: Alf Tales 8.00 Crimewatch (See Our gu. 4.30 Kidz Blitz: Classic Choice). 4.30 Bergaloljo (Movie). Speed Racer. 830 kriday Ticket the 0.30
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    • Miscellaneous
      Page 13 Miscellaneous Column 2
      309 13 CRYPTIC CROSSWORD ACROSS i h 2 G g F J E 1 Many drop time for getting the H M 5 Consolidation is also perhaps jj given by the church (6) 9 Recovered and went through HV lH| H it all over —PH_— 10 The minister has to have a
      309 words
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      Page 14 Advertisements Column 1
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      109 words
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  • COMPANIES & MARKETS
    • Article
      Keppel Shipyard and Hitachi Zosen to merge in $265m deal
      524 15  -  Keppel to own 56% of HZ; general offer expected at 59 cents a share or more liif Conrad Raj [SINGAPORE] Keppel Corp plans to take control of Hitachi Zosen Singapore, the smallest of the Big Three shipyards here, by injecting
      524 words
    • Article
      ST Engg's profit up 26%, says '98 will be even better
      432 15  -  Turnover up 18% in its first set of results as a merged entity K.h David Boey [SINGAPORE] Presenting its maiden set of full-year results. Singapore Technologies Engineering (ST Engg), Singapore's largest engineering group, yesterday reported a 26 per cent
      432 words
    • Article
      HPL sells major stake in Donna Karan Japan
      187 15 [SINGAPORE) Hotel Proper ties Ltd said yesterday that it had struck a deal to sell its majority interest in Donna Karan Japan KK and its retail rights for the brand to a Japanese company for 2.5 billion yen ($30.9 million). The property
      187 words
    • Article
      Theme investing on the local bourse: what's next?
      877 15  -  HOCK LOCK SIEW R Sivanithy Everyone loves a good story. In the stock market, themes, ideas and stories form the lifeblood of investing. All players need to be sold on credible stories before they will put money in, or take it out
      877 words
    • Article
      SingTel price slides 6.4% on news of bond issue
      353 15  -  TEMASEK USslb BOND ISSUE Some funds fear more Sing Tel shares, others switch to holding the bonds Larry Wee, David Boey (SINGAPORE) Investors bailed out of Singapore Telecom (Sing Tel) yesterday on news that major shareholder Temasek Holdings is issuing US$l
      353 words
    • REGIONAL COMPANIES
      • Article
        Cheung Kong, Hutchison profits hit by provisions
        750 16  -  Earnings lower than expected due largely to investment, property provisions Reports by Quak Hiang Whai in Hongkong LI KA-SHING's Hongkong vehicles, Cheung Kong (Holdings) and Hutchison Whampoa, have turned in lower-than-expected earnings for 1997. due largely to provisions for lower values of properties
        750 words
      • Article, Illustration
        Bayshore site still profitable today: Ka-shing
        642 16 Work to start soon; firm going fall speed to complete project [HONGKONG] Work on the Cheung Kong Group's huge residential site in Singapore's Bayshore vicinity in the East Coast will start soon and at full speed, Li Ka-shing revealed yesterday. Asked about his plans
        642 words
      • Article, Illustration
        Lock icon Magnecomp net surges six times to $ 14.4m
        364 16  - Magnecomp net surges six times to 14.4m Shares up 6%; drive component maker sees bright outlook By, Ang Wan May [SINGAPORE] Newly-listed disk drive component maker Magnecomp International hit its trading high yesterday, before the company announced that net profit jumped almost six times to $14.4 million. The company attributed
        Source: Bloomberg  -  364 words
      • Article
        DelGro earnings fall 26%, dented by $34m provisions
        378 16  -  Profit of $48.6 m way below $72m market forecast Hy Lee Han Shih [SINGAPORE) Hit by mas sive provisions, mainboardlisted DelGro Corporation yesterday announced a 26 per cent fall in 1997 net profits to $48.6 million one third below market expectations of
        378 words
      • Article, Illustration
        Contractor CSC's IPO: 75m shares, 25 cts each
        303 16  -  Abdul Hadhi [SINGAPORE] Piling con tractor CSC Holdings yesterday launched its initial public offer (IPO) of 75 million shares at 25 cents each. The mainboard offering consists of 15 million offer shares and 60 million placement shares. The offer closes on April
        303 words
      • Article
        Kay Hian seeks to lift ownership limit
        348 16  -  W Ven Sreenivasan [SINGAPORE] In a move towards scrapping its dual tranche listing, stockbroking firm Kay Hian Holdings plans to get shareholders' approval to lift its foreign ownership limit to 70 per cent from 49 per cent now. "As directors of the company
        348 words
      • Article
        ICS profit drops 60% to $5.7m on provisions
        261 16  -  Soh Tiang Keng [SINGAPORE] The Insurance Corporation of Singapore (ICS) suffered a 60.5 per cent drop in group net earnings to $5.7 million last year due to bigger provisions for reduced value of investments. Group turnover jumped by 19.5 per cent to
        261 words
      • CORPORATE Results
        • Article
          Oakwell net swells 57% to $2.45m
          94 16 [SINGAPORE) Sesdaq listed Oakwell Engineering posted a 56.8 per cent rise in its net profit to $2.45 million for the year ended Dec 31. Turnover was up 72.1 per cent to $120.5 million, while earnings per share rose 1.11 cents to 3.06 cents. The
          94 words
        • Article
          Teck Wah suffers 24% profit drop
          152 16 [SINGAPORE] Teck Wah Paper Products reported a drop in full-year net profit of 24.5 per cent to $37,000. Turnover rose 5.6 per cent to $53.9 million. Earnings per share on a fully diluted basis rose to 0.28 cents from 0.09 cents. Net tangible asset
          152 words
        • Article
          Chuan Soon Huat net falls 36%
          128 16 [SINGAPORE) Door-maker Chuan Soon Huat continued to disappoint yesterday, unveiling net earnings of just $2.93 million, down 36 per cent, on revenues up 6.8 per cent to $47.4 million for the year ended Dec 31. The thin 6 per cent margin on sales was
          128 words
        • Article
          Amara posts $7.4m earnings, up 32%
          86 16 [SINGAPORE] Hotel operator Amara Holdings yesterday reported a 32.5 per cent increase to $7.4 million in net profit attributable to shareholders, on revenues which were up 24.8 per cent to $38.8 million for the year ended Dec 31. Adopting a cautionary note because of
          86 words
        • Article
          Turnover fall, forex losses hit Hiap Moh
          143 16 [SINGAPORE] Lower turnover and foreign exchange losses combined to cut the net profit of Sesdaq-listed paper merchant Hiap Moh Corp by 38.6 per cent to $1.24 million. The group's turnover fell 11.1 per cent to $43.3 million. An extraordinary gain of $584,000 arising
          143 words
        • Article
          Hind Hotels posts flat profits
          119 16 [SINGAPORE) Hind Hotels reported almost unchanged net earnings at 56.7 million, although turnover slipped 1.9 per cent to $37.4 million. Operating profit was up 9.2 per cent to $8.7 million, which the company said was due chiefly to increases in rental revenue from overseas investment
          119 words
        • Article
          Showpla net plunges 51%
          203 16 [SINGAPORE) Showpla Asia yesterday reported a 51 per cent plunge in net earnings to $2.04 million. It suffered an overall foreign exchange loss of $4.94 million, while its Indonesian operation alone incurred a net foreign exchange loss of $8.4 million as a result of the severe
          203 words
        • Article
          Lock icon Ederan profit slips 5.6%
          137 16 Bloomberg [KUALA LUMPUR] Edaran Otomobil Bhd, Malaysia's largest auto retailer, said 1997 net profit fell 5.6 per cent, as interest rates rose and growth in car sales slowed. Profit fell to 429.2 million Malaysian ringgit (SSIB9 million) or RM1.89 ringgit a share. That was below the
          Bloomberg  -  137 words
        • Article
          Lock icon Esso Malaysia in the red
          207 16 Bernama [KUALA LUMPUR) Esso Malaysia posted a RM73.8 million pre-tax loss, compared to a pre-tax profit of RM66.7 million the previous year due to a rapid fall of the ringgit in the second half. Turnover rose 13.1 per cent to RM2.4 billion. At the end
          Bernama  -  207 words
      • Article, Illustration
        Lock icon News Corp denies it's leading group to buy ATV
        319 17 Murdoch-controlled firm sees ATV as poor cousin to TVB Bloomberg [HONGKONG] News Corp, controlled by Rupert Murdoch, dismissed a Hongkong newspaper report it's leading a group to buy Asia Television Ltd (ATV), the smaller of Hongkong's two television broadcasters. A report
        Bloomberg  -  319 words
      • Article
        Kuok's Manila firm scraps Philippine condo project
        306 17  -  Move comes after firm dissolves marketing arm to reduce costs From i Al Labita in Manila A MANILA-listed firm of Malaysian tycoon Robert Kuok has scuttled its plan to build a 51-storey tower block in the Philippines, an official said yesterday. Kuok Philippines
        306 words
      • Article
        LC Development posts $5.6m loss
        190 17 [SINGAPORE] LC Development yesterday posted a net loss of $5.6 million for the six months to Dec 31, 1997 all because of provisions for lower property values. The company has set aside $6 million "for potential diminution in value of properties under development as a
        190 words
      • Article
        JSL earnings jump 37% to $44.6m
        291 17 Results include full-year contribution from associate Jurong Engineering [SINGAPORE] Jurong Shipyard yesterday released its complete 1997 results, which included full-year contribution from associate Jurong Engineering. Net earnings for the year ended Dec 31 came to $44.64 million, up 37 per cent from $32.6 million
        291 words
      • Article
        Scotts in the red with $5m interim loss
        159 17  -  'V Diana Oon [SINGAPORE) Scotts Hold ings has posted another halfyear in the red. with a net loss of $5.05 million for the six months ended Dec 31,1997. The company had reported a profit of $1.2 million for the same period a
        159 words
      • Article
        Lock icon Lai Sun may sell Four Seasons in New York
        298 17 Bloomberg [HONGKONG] Lai Sun Hotels International Ltd said it may sell its Four Seasons Hotel in New York, adding that no agreement has been reached. Strategic Hotel Capital Inc is close to concluding an agreement to buy the hotel for more
        Bloomberg  -  298 words
      • Article, Illustration
        Lock icon Siam Cement seeking foreign partners
        338 17 Its iron and steel businesses squeezed by liquidity woes Bloomberg [BANGKOK] Siam Cement pic, one of Thailand's biggest companies, said it's seeking foreign partners for its iron and steel businesses, which are being squeezed by the company's financial straits. Siam Cement, which posted a record
        Bloomberg; FILE PHOTO  -  338 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Merrill faces SEC charges over Orange County
        390 18 Action hinges on risk disclosures for four bond offers Reuters [SAN FRANCISCO] Merrill Lynch Co confirmed on Wednesday that the US Securities and Exchange Commission plans to file civil charges against it over the role it played in the months leading up to
        Reuters  -  390 words
      • Article, Illustration
        Lock icon US bill to ease curbs against investor lawsuits
        429 18 Shareholders need only show companies acted recklessly Bloomberg [WASHINGTON] US Securities and Exchange Commission chairman Arthur Levitt and Senate Banking Committee chairman Alfonse D'Amato have agreed to changes in a bill to curb class-action lawsuits against companies in state courts, removing the
        Bloomberg; FILE PHOTO  -  429 words
      • Article
        Lock icon Northrop to take US$180m Q1 charge for merger costs
        339 18 Bloomberg [LOS ANGELES] Northrop Grumman Corp will take a pre-tax charge of US$lBO million (*****.5 million) in the first quarter of 1998 because of costs related to the company's proposed combination with Lockheed Martin Corp. The US$l.7O-per-share. aftertax charge covers the
        Bloomberg  -  339 words
      • Article
        Lock icon Lehman's Q1 profit rises 30%, beating forecasts
        343 18 Bloom berg [NEW YORK] Lehman Brothers Holdings Inc said earnings in its fiscal first quarter rose 30 per cent, beating expectations, led by fees from advising on corporate mergers and other investment banking services. The fourth-largest US securities firm by capital said net
        Bloom berg  -  343 words
      • Article
        Lock icon FDX betters forecast with US$97m Q3 profit
        317 18 US business covers losses in overseas markets Bloomberg [MEMPHIS] FDX Corp reported better-than-expected third-quarter earnings on Wednesday as strong US business overcame a loss overseas due mainly to weak Asian economies. The Memphis. Tennesseebased overnight delivery and trucking company reported profit before a
        Bloomberg  -  317 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Fidelity National to buy Matrix Capital
        245 19 Bloomberg [IRVINE, California) Fidelity National Financial Inc agreed to buy Matrix Capital Corp for about US$l9O million (*****.6 million) in stock to enter the mortgage lending and servicing business. Fidelity National, one of the top US title insurers, is buying a company that originates
        Bloomberg  -  245 words
      • Article
        Lock icon US banks' Q1 profits seen rising 12% to US$16.5b
        439 19 But bad loans in Asian markets may hurt a few global banks Bloomberg {NEW YORK] US bank earnings are expected to rise as much as 12 per cent to about US$l6.5 billion in the first quarter, fuelled by increased lending and
        Bloomberg  -  439 words
      • Article
        Lock icon Opic insurance to resume in Pakistan
        195 19 Bloomberg [WASHINGTON! The Overseas Private Investment Corp (Opic) said legal hurdles, that prevented it from offering insurance to US firms wanting to invest in Pakistan since 1990, had been overcome. The change allows it to resume supporting American companies with business interests in the
        Bloomberg  -  195 words
      • Article
        Lock icon American Bankers faces rating cut with merger
        207 19 Bloomberg [NEW YORK] American Bankers Insurance Group Inc faces the threat of lower insurance ratings because of its planned acquisition by Cendant Corp, according to the rating agency Standard Poor's Corp. American Bankers' ability to pay claims is now rated A-plus by S&P.
        Bloomberg  -  207 words
      • Article, Illustration
        Lock icon Zions to buy Sumitomo Bank's California unit
        411 19 Price of USss46m for 85% stake well below market price Bloomberg (SALT LAKE CITY) Zions Bancorporation said it will buy Sumitomo Bank Ltd's California bank for about US$546 million (*****.2 million) in cash, in a move to expand into the state's burgeoning Asian
        Bloomberg; Source: Bloomberg  -  411 words
      • Article
        Lock icon Major bond markets rise on lower inflation in Q1
        459 20 Further gains seen as several countries look set to ran budget surpluses Bloomberg [LONDON] Every major bond market advanced in the first three months of 1998, helped by declining inflation rates and the prospect that several countries are poised to run
        Bloomberg  -  459 words
      • Article
        Lock icon Sunbeam raises US$727m from bonds
        274 20 USs2b zero-coupons sold at deep discount to fond acquisitions Bloomberg [DELRAY BEACH, Florida] Sunbeam Corp said it sold about US$2 billion (553.2 billion) of zero-coupon convertible bonds to institutional investors, after increasing the size of the sale by 50 per cent to meet strong investor
        Bloomberg  -  274 words
      • Article
        Lock icon Commercial Union in Italian deals
        149 20 Bloomberg [LONDON] Commercial Union pic, a UK insurance company, said it has agreed to buy 67 per cent of the two insurance units of Banca Popolare de Lodi Scarl for 80 billion lire (5571.1 million) to expand its Italian business. The company said its CU
        Bloomberg  -  149 words
      • Article
        Lock icon Euroyen futures ease, JGBs tumble
        212 20 SI MUX Report Reuters [SINGAPORE] Simex Euroyen futures eased while Japanese government bond (JGB) futures fell sharply yesterday after Japan's ruling Liberal Democratic Party (LDP) surprised the market with an unexpectedly large stimulus package. A draft of the 16 trillion yen plan (SSI9B billion), the
        Reuters  -  212 words
      • Article
        Futures lower on profit-taking
        157 20  -  MSCI TAIWAN FUTURES Cecilia Loh ia Loh, service dealer, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures declined on proFit-tak-ing after Wednesday's rally, slipping 2.6 points at its close. The futures market opened higher, led by overnight gains in Nasdaq by technology
        157 words
      • Article
        Lock icon Oil extends gains as Opec meeting nears
        282 20 ENERGY REPORT Reuters [LONDON] Oil markets made fresh gains yesterday on expectations that Opec will next week confirm a landmark output cut agreed with other producers. World benchmark Brent blend crude was 21 cents better at U5515.35 a barrel as traders bet the
        Reuters  -  282 words
      • Article
        Lock icon CURRENCY REPORT
        279 20 Bloomberg, Reuters London THE dollar was little changed against the yen amid doubts that a 16 trillion yen (Ssl9B billion) economy-boosting package will be enough to pull Japan out of a seven-year slump. Four previous attempts by the ruling Liberal Democratic Party to boost growth have failed to
        Bloomberg,; Reuters  -  279 words
      • Article, Illustration
        Untitled
        1238 20 DfTERBAMK CROSS RATES \far26 M AS C} fart ECU Ffr P» WO Wl>BuplH Yw Woit Ml HZ$ ft* »s Ptso S$ land Sir MT$ B*M Hmi US$ Austral 0.947 6.178 0.618 4.115 1.228 5.205 26.539 57.435 0.866 9.368 2.428 1.194 29.767 25.416 1.074 3.341 1.003 21.890 25.930 0.401 0.672 Cwdi
        1,238 words
    • Article
      COMMODITY PRICES
      1847 21 S1C0M FUTURES jjgjg RUBBER (futures closmq »s »t 5.30pm) u RSS1 CONTRACTS cwits/kq) Clow Volume Open Month High Low Sett (tonnes) Interest Aor 98 55 5 Mav98 "3.50 2100 Jun 98 116.00 115.50 116.75 600 3150 Oct/Dec 98 129.50 129 50 129.00 300 5175 Jan/Mar 99 134.25 134.25
      1,847 words
    • Article
      WORLD STOCK MARKETS
      2436 21 LONDON Industrials Mar 26 P«>c« *h 31 Group 598.000 7.000 AB Ports 374.400 -2.600 Abbey National 1180.000 1.000 Allied Domecq 587.000 0.600 Amec 152.000 -2.000 As da Group 192.200 -7.000 B AT Ind 611.000 -14.400 BG PIC 309.000 -8.600 8 ICC 148.000 1.000 BOC Group 1006.000 -6.000
      2,436 words
    • Article
      Lock icon TOKYO
      1626 21 AFP Nikkei 225 +***** JAPANESE share prices closed 1.9 per cent higher yesterday on reports that the ruling Liberal Democratic Party (LDP) was set to announce a huge economic stimulus package, brokers said. The market was higher from the outset with investor sentiment buoyed by reports that the LDP
      AFP  -  1,626 words
    • Article, Illustration
      Lock icon HONGKONG
      1593 22 Reuters n Hang Seng -52.75 STOCKS ran out of steam yesterday to close lower as the market gave in to profiMaking after struggling at key resistance levels, brokers said. The Hang Seng Index lost 52.75 points, or 0.45 per cent, to end at 11,757.88 after hitting a day high
      Reuters  -  1,593 words
    • Article, Illustration
      Lock icon CHINA
      690 22 Reuters n Shenzhen B Index -022 CHINA'S hard currency B shares ended lower yesterday as domestic investors sold shares of companies expected to post poor 1997 results, brokers said. This week's bank interest rate cut had given the market a brief boost but there was no more good news
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  690 words
    • Article
      Lock icon TAIPEI
      372 22 AFP □wp Index -2&58 THE Taiwan stock market dropped 0.3 per cent on profittaking after the previous session's large gains, dealers said. Investors rushed to take profit after a 2.7 per cent rally on Wednesday, Clement Lou of Taiwan International Securities Corp said. The market opened high due to
      AFP  -  372 words
    • Article, Illustration
      Lock icon JAKARTA
      683 22 AFP Composite Index +28.71 SHARE prices surged more than 5 per cent yesterday in a rare demonstration of confidence trickling back into the beleaguered economy. Banks that have recently sought to outdo each other by raising deposit rates reversed the trend, reviving sentiment on the stock market, dealers said.
      AFP  -  683 words
    • Article, Illustration
      Lock icon BANGKOK
      841 22 AFP SET Index -9.4 THAI shares closed 2 per cent weaker yesterday for the third successive day as investors sold banking shares amid concerns over recapitalisation plans, analysts said. Analysts said shares price lost ground amid quiet trade with concerns over banks' needing to seek fresh funds, with the
      AFP  -  841 words
    • Article
      Lock icon MANILA
      347 22 AFP 'Manila -LO5 SHARE prices closed barely lower in cautious trading yesterday, dealers said. The Philippine Stock Exchange Composite Index fell 1.05 points to 2.310.37. Volume fell to 1.731 billion shares worth 1.5 billion pesos. San Miguel Corp A was flat at 42 pesos. Manila Electric Co A rose
      AFP  -  347 words
    • Article
      Lock icon SEOUL
      454 22 AFP Q Composite Index -9.01 SHARE prices closed 1.8 per cent down on the Korea Stock Exchange yesterday on institutional profit-taking, with a scare report on North Korea adding to the losses in early trade, dealers said. Foreign investors were sidelined, they said. Rumours about political unrest in North
      AFP  -  454 words
    • Article
      Lock icon SYDNEY
      611 22 AFP [1 All Ordinaries -0.5 SHARE prices were marginally lower yesterday, lacking direction after a negative session on Wall Street, brokers said. The All Ordinaries Index, lost 0.5 point to 2,781.1. National turnover totalled 301.37 million shares worth A 5975.32 million. The All Resources Index climbed 5.8 points to
      AFP  -  611 words
    • Article
      Lock icon WELLINGTON
      264 22 AFP P| Wellington +9.67 SHARE prices closed higher yesterday with Telecom Corp reaching a record high. "There's people raising liquidity because of the instalment receipt issue that is being made on Telecom shares." a dealer said. The NZSE-40 rose 9.67 points to 2.349.32 on turnover of NZ5165.8 million. AFP
      AFP  -  264 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        9008 23 INDUSTRIALS Consunwr products 1998 Kit Vol Day Net Cap High Law Company Sal* 000 High Loo P/t Smil 310 180 Ajinomoto 270 ISO 109.4 148 73 Angkasa 113 -5 36 118 113 2.6 166 6 290 123 Apollo Food Hlg 212 4 20 214 212 6.2 84 8 388 190
        9,008 words
      • Article
        Lock icon Market down 0.5%, led by financials
        423 23 AFP MALAYSIA'S key stock index closed 0.5 per cent lower yesterday led by financials amid indifference to central bank measures aimed at streamlining the financial sector, dealers said. "Investors appeared indifferent to the central bank's measures," said a chief dealer at a local brokerage.
        AFP  -  423 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3939 24 BONDS, LOANS WARRANTS m 1997/98 Last Vol Day Last Ouote H»qh Low Stno Cornpan, Sal* *or- COOO) High Low Buyer Sallaf Prlc* 68 9 m 3000 m AMOB c5.5%*****6 18 unch 10 18 18 17 19 81 8 3160 "Acef ******1 US$ 15 0.5 25 15.5 15 14.5 15 131
        3,939 words
      • Article
        IOI wrt: its risk and potential
        192 24  -  WARRANT WATCH By R Sivanithy EXPIRING warrants are interesting creatures no one wants to be left holding them because a decision has to be made as to whether to exercise them or not and because of this, value can sometimes emerge. Take the 101
        192 words
    • Article
      CLOB INTERNATIONAL
      2514 24 Transaction date Mar 26 MALAYSIAN STOCKS Or Cr 1997/98 Last Vol Day Last Quote (Nv Otv YM Net M Cap High Low Strvo Company Salt COOP) High Low Buyer Seller C'vr P/C SmH 478 28 ms 5000 AISB 50c 100 -4 169 102 100 100 101 5.0 3.3
      2,514 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6967 25 Transaction date: Mar 26 Cr Cr M m 1997/98 Last Vol Day Last Ouots Olv Olv Yld Nat Cap Avg High Low StNo Company Sala OOO) HIqI* Low Buyar Sallar C'vr P/E $mll Prlca INDUSTRIALS 157 18.5 e 1020 ACE Dynamics60c... 37.5 *0 5
      6,967 words
    • Article
      SESDAQ
      1296 25 1997/98 Last Vol Day Last Quota Dlv DW YM Nat Cap Avg High Low St No Company Sal* (OOO) High Law Buyar Sailor C'w H >/C Smil Prlca 186 76 a 2000 ABRHIdqs5c 117 unch 26 118 117 108 1t7 3.0 6.0 O.t 167.1 52.0 112 448 76 a
      1,296 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        227 26 TfflT 8 Stocks Volume SingTel 15c 21.067,000 Easyknit HKIOc 18,876,000 Osprey M 11,458,000 Hotung Inv NT5 11,020,000 Asia Fooa&Prop 10,354,000 •Uniphoenix 9,690,000 •Renong Bhd 50c 7,370,000 IPC Corpn 5c 6.333,000 ST Engg 10c 5,835,000 Goldtron 20c 5.418,000 Stocks SingTel 15c 62,159.356 SIA Foreign 28,723,900 OBS Foreign 13,968,772 SPH 11,993,462 Osprey
        227 words
      • Article, Illustration
        Lock icon Blue chips weak as focus still falls on second liners
        696 26  -  STOCK MARKET COMMENTARY Shares in Malaysia also grope for direction amid lack of incentives to trade and a quiet day for ringgit Rn R Sivanithy [[SINGAPORE] Local stocks turned in a disappointing performance yesterday. with second liners still very much
        Chart info from Bridge  -  696 words
      • Article, Illustration
        HOT STOCK
        63 26  -  -by Shiv Taneja GOLDTRON Ltd closed one and a half cents higher yesterday at 35.5 cents on a volume of 542 million shares, compared with its 10-day traded average of 511,900 units. In the near term, the stock will experience some selling pressure, but according to the weekly
        63 words
      • ON THE GRAPEVINE
        • Article
          SingTech consortium set to win bid?
          79 26 WE hear on the grapevine that the consortium comprising Singapore Technologies, British Telecom and Singapore Power is set to win the licences both for a fixed-line phone service and mobile phone service. The Telecommunications Authority of Singapore is expected to announce the tender results
          79 words
        • Article
          Brokers see red over Net plan
          174 26 WHEN Singapore stockbrokers are livid, they use pretty colourful language most of which are downright unprintable. We were yesterday at the receiving end of irate phone calls from brokers and remisiers who took umbrage at Straits Times columnist Tan Sai Siong's commentary headlined, "Go
          174 words
        • Article
          JP Morgan to merge with Chase?
          92 26 WE hear that JP Morgan, that once bluest of blue-chip US investment banks, is mulling a merger with Chase Manhattan Bank. JP Morgan, whose banking subsidiary, Morgan Guaranty Trust Co, is the last US bank with a AAA' rating, is lately going through a
          92 words
        • Article
          Rumbles at ING Barings
          88 26 WE hear on the grapevine that not a few people on the sales desk of ING Barings in Singapore are on the lookout for greener pastures. News that the group is to close its London-based equity derivatives business and give priority to investment banking in Eastern
          88 words
        • Article
          The trust scene
          127 26 US fund manager Alliance Capital Management makes its debut in the local unit trust scene today, but we hear that it is also a first for OCBC Bank which is going to sell the Alliance fund its first third-party unit trust. OCBC Bank isn't the first local
          127 words
        • Article
          Theory of relative-ity
          92 26 EVERYTHING'S relative it seems, even phone banking. In a recent issue of British magazine The Spectator, financial columnist Christopher Fildes offers us his own Mother-in-Law Theory on modern banking. "Banks used to believe that the customers liked popping in to their local branch to see their friendly
          92 words
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      Page 15 Advertisements Column 1
      74 15 'jtfflHL 'wL RHJU- > fr U J fi 9^ SINGAPORE BOUTIQUES: CENTREPOINT #01-30 TEL 737 4509 MILIENIA WALK #01-30 TEL: 332 3747 CORNERS: TAKASHIMAYA S C. DAIMARU C K TANG KUALA LUMPUR UNIT PBA LOT 10 TANGS-STAR HILL SOGO K L ERAMAN DUTY FREE (NORTH WING) BANGKOK PENINSULA PLAZA #128
      74 words
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      Page 17 Advertisements Column 1
      1544 17 <$> BURWILL HOLDINGS LIMITED f Incorporated in Bermuda with limited liability) INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 1997 FINANCIAL RESULTS INVESTMENT DIVISION The Direccors of Burwill Holdings Limited (the "Company") Hong Kong Portfolio are pleased to announce the unaudited consolidated results ot Qn I September 1997. the
      1,544 words
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      Page 18 Advertisements Column 1
      1355 18 KayHian KAY HIAN HOLDINGS LIMITED ANNOUNCEMENT OF UNAUDITED RESULTS FOR THE YEAR ENDED 31 ST DECEMBER 1997 The directors of Kay Hian Holdings Limited (the "Company") are pleased to announce the following results: THE GROUP THE COMPANY 1997 1996 1997 1996 $000 000 Change $000 000 Change Turnover 133.382 121.738
      1,355 words
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      1193 19 IVinc Cellars I Open invitation to view the full I range of Transtherm wine cabinets I at our Showroom. I Date Saturday, 28th March '98 I Time 9.00 am to 2.00 pm. I Venue Corndale Consultants Pte Ltd J B 37 Jalan Pemimpin #07-05 1 I Blk B Union Industrial
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      Page 19 Advertisements Column 2
      482 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GEMUNES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duty convened and held at 271 Bukit Tmah Road #04-06 Balmoral Plaza Singapore *****6
      482 words
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      Page 19 Advertisements Column 3
      391 19 TENG CHIANG TRADING PRIVATE LIMITED (INCORPORATED IN SINGAPORE) MINUTES BY REPRESENTATIVE OF HOLDING COMPANY RELATING TO PROCEEDINGS OF SUBSIDIARY COMPANY I. Lim Kim Chuan. duly authorised representative of Teng Chiang Holdings Pte. Ltd which is benefiicalty entitled to the whole of the issued shares of Teng Chiang Trading Private Limited,
      391 words
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      Page 20 Advertisements Column 1
      116 20 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 are specially planned to coincide with specific events,
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      Page 20 Advertisements Column 2
      8 20 ££rofeertie& HThe Straits Times Classified Classifications 402-568 I
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      Page 24 Advertisements Column 1
      54 24 I'd like to place an A buyer I love this car y advertisement to J the very I that I found sell my car... t next day. I through I m Vroom, >. Classified. V Buying or selling through 4b vv I vroom The Straits Times Classified is child's play.
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      84 25 w£*Jl* fj* Jft Ji m enhancmg your com P an y P r °f' le t0 y° ur business associates and customers. It e a 9 ranc oP en n 9» launching ceremony, company anniversary, ISO certificat- JK, ion, ground-breaking ceremony or a topping-out ceremony. It's another chance for j|jPP
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      Page 26 Advertisements Column 1
      40 26 TWIST SHOUT Hard to ignore the sweet sound of success You've arrived. You're at your prime. It's time to get what's due. ifMtfDIDSONI SOLE AUTHORISED DEALER: HARLEY-DAVIDSON OF SINGAPORE(I994) PTE LTD 255 ALEXANDRA ROAD TEL: 475 0123 FAX: 472 8900
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      Page 26 Advertisements Column 2
      676 26 BUSIMESS Notices To advertise call toll-free 1800-741 1883 THE COMPANIES ACT. CAP 50 GARONER TRAOING (S) PTE LTD (In Members' Voluntary Winding-Up) At an Extra ordinary General Meeting of the Company held at 15 Scotts Road #04-01/03 Thong Tec* Building. Singapore *****8 on 23rd March 1998 the following special resolutions
      676 words
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      Page 26 Advertisements Column 3
      253 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF INITIAL HOLDINGS (SINGAPORE) PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 (t) of the Companies Act. Cap 50. that a Final General Meeting of the abovenamed Company will be held
      253 words
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      Page 26 Advertisements Column 4
      731 26 IN THE MATTER OK THE COMPANIES ACT. C VP. <•> ANI) IN TIIK MATTER OK TOKO ELECT RONIC SIM. XPOREIPIKI III) NOTICE OK SPECIAL RKSOI.I TIONS KOR MEMBER'S VOLUNTARY WINDIMJ-l l» (PI RSI ANT TO SECTION 2W| Al an K(lr»>tdiiM[> General Meeting >»( the members ol the abovenamed company duly
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      Page 26 Advertisements Column 5
      7 26 TURN TO PAGE 10 FOR MORE NOTICES
      7 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      325 27 Bridge News, Reuters SOUTH America provided a talking point for Atlantic Panamaxes, but rates remained low. Once again activity in the north Atlantic was negligible particularly from the US Gulf. Capesize Atlantic rates continued to fall. The Baltic Freight Index dropped below 1,000 and stood at 997, down
      Bridge News,; Reuters  -  325 words
    • Article
      MARITIME STOCKS
      303 27 SIS '000 HarM S$ V CWT Distribution 0.81 -0.03 4 Chuan Hup 0.54 *0.005 178 Cosco inv*stm*nt 0.80 *0.03 30 Frrtght Links 0.345 -0.01 419 G8 Holdings 0.38 -0.005 148 Hai Sun Hup 0.655 -0.005 265 Hitachi Zos*n 0.94 IMC Holdings —HK 5.60 Jay* Holdings 0.63 *0.02 77
      303 words
    • Article
      HK does not see any threat from regional ports
      468 27  -  SDTGAPORT '98 HE port official confident that container volume will continue to grow By. Felix Chan [SINGAPORE] Regional competition among ports would not reach a scale which would put Hongkong's container throughput growth at risk, a senior official said. As a
      468 words
    • Article, Illustration
      Austal sees potential in fast cargo ships
      461 27  -  By. Marcus Hand [SINGAPORE] High speed cargo craft could revolutionise the short sea freight market, according to Australian fast craft builder Austal Ships. "The -potential for fast freight ships will be significant, albeit not currently exploited by the express freight and transport logistics
      461 words
    • Article
      S'pore signs port state control accord
      212 27 (SINGAPORE] Singapore has joined several European and Asia-Pacific countries in signing a declaration to provide a mechanism for cooperation to harmonise port state practices and procedures. The first joint ministerial declaration of the Paris and Tokyo Memoranda on Port State Control aims to improve
      212 words
    • Article
      PSA sets up first overseas representative office in Dalian
      257 27  -  By Felix Chan [SINGAPORE) PSA Corp's commitment to internationalisation reached another cornerstone yesterday with the setting up of its first ever overseas representative office in Dalian, China. The Dalian office could very well be a precursor to more such offices which
      257 words
    • Article
      Insurer held negligent and in breach of contract with yacht builder
      709 27  -  ADMIRALTY CASEBOOK By\ Selva Kumar A CANADIAN builder of pleasure yachts has successfully sued its insurer for failing to provide proper insurance coverage. Both the trial judge and the Court of Appeal of British Columbia have held that the
      709 words
    • Article, Illustration
      Creating win-win situations
      583 28  -  LOGISTICS A company benefits from focusing on its core business, letting others handle activities such as movement of goods Hi, Jan Lyngdam FOR production companies, the large forwarders have systematised the follow-up and supply of raw materials and components to ensure a smooth production as well as
      583 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      372 28 PAGE ESP Lines 14 ANL 3 Eth.op.*n 6 Accord 8 Evergreen 6 Ahrenkiel 14 F M AppensNp 5 8 AsiaOCL 15 Fr< 15 Astro 3 Frt Links Austral 9 6 Link 4 Avant 16 Gemartrans 8 B'tang Mas 8 Genshpg 9 BSA 7
      372 words
    • Article
      SHIPPING GUIDE
      17668 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Name Name Number Number SIN Dest'n Name Name Number Number *<>.' 5 < >" *'t < "> 28/03 17/04 NYK BUNCA PELANGIDUA 01WB12 65-*****23 A 28/03 17/04 OOCL BUNCA PELANCI DUA
      17,668 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        881 43 Vessel Voy No B«rth Arrival Departure tsHnuccKi 1138 JW alongsiOa 26 03/0600 Badgtr 2 13 J10 alonQjida 27 03/1500 Balacacstrai 24 J05 alonosida 27 03/1500 Barija Falcon V98 J17 jkxxjudf 27.03/2200 Bt Lrstvi MAR26 J01 jiock)sm» 26 03/2359 M hi AM *****6 J01 aiongsida 27 03/0300 Bt Dull
        881 words
      • Article
        CONTAINER SCHEDULES
        2003 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/B«l«nce Rstls Ship Voy Ho Etb/Btr Ported From To From ulac MM 27/2359 IA 26/1500 26/1659 26/1900 UU< K 26/1500 26/1659 26/1900 24 26/1700 27/0*59 27/0900 21 24/1700 27/0*59 27/0900 27/0700 27/1159 27/1400 ftTTffrtr MM 29/0900 S 21/1500 26*659 26*900
        2,003 words
      • Article
        GLOBAL HOLIDAYS
        206 43 Apr 0 Hong Kong: Ching Ming Festival. Apr 7 Brunei: Hari Raya Haji. Malaysia: Hari Raya Haji. Apr 9 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 Friday. Indonesia: Good
        206 words
      • Article
        COCKETT BUNKER MARKET REPORT
        942 43 THIS report, compiled by Cockett Marine Oil Ltd. show* price ranees In US dollars instead at single prices for a more comprehensive description of the market Prices shown are based on average-sued stem Market movements are indicated The Cockett Bunker Price Index change and the individual
        942 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        506 43 CvtM 180 Mo 993.5 2.0 15.8 0.31 72 0.09 «i,„ h 0 tr E 9M 5 6 0.4 14.2 0« 26 0.02 *,12 380 Mi> 992.3 1.0 »9.9 O.M 64 0.06 Wr] H M/M m/m >w» ttiw* Wo ibovt C35 3 0 0 0 0 0
        506 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Air fares in Asia-Pacific up slightly: survey
        330 44 Airlines are holding fares stable in local currencies despite Asian crisis Reuters [SYDNEY] Airfares between destinations throughout the Asia-Pacific rose by about 2 per cent in local currency terms over the past 12 months despite the Asian economic crisis, a survey released yesterday
        Reuters; FILE PHOTO  -  330 words
      • Article
        Lock icon New Kuala Lumpur airport showcases flora and fauna
        377 44 Planners see need for high-tech to come together with environment Bernama [SEPANG] The multi-billion Malaysian ringgit Kuala Lumpur International Airport (KLIA) here, which opens for operations soon, may be a hi-tech user-friendly airport, but it is its unique landscaping that the airport
        Bernama  -  377 words
      • Article
        Lock icon EU's 1998 estimate of car demand up 2% from last year
        182 44 Reuters [BRUSSELS] The European Union and Japan estimate EU demand for cars and light commercial vehicles at 14.74 million vehicles in 1998, a 2 per cent increase over 1997, the EU said. The European Commission released details of its
        Reuters  -  182 words
      • Article
        Lock icon Ford doubles M'sian market share
        131 44 Bernama [KUALA LUMPUR] Ford Motor Company doubled its market share of the non-national car market in Malaysia to 8.7 per cent in February from the same period last year. AMIM Holdings Sdn Bhd general manager Richard Canny said the market share for February was the
        Bernama  -  131 words
      • Article
        Lock icon Canberra sells 4 more regional airports
        353 44 Bloomberg [CANBERRA) The Australian government said it sold four more regional airports for a total of A 530.8 million (5532.9 million), moving a step closer to completing the second phase of airport privatisations, Finance Minister John Fahey and Transport Minister Mark Vaile said in
        Bloomberg  -  353 words
      • Article
        Lock icon Vietnam Airlines may cut services
        243 44 AFP [HANOI] Flag carrier Vietnam Airlines is planning to trim its services as passenger numbers drop amid a regional economic crisis and tourism slump, a report said yesterday. Airline spokesman Nguyen Chan told Vietnam News that the company was planning to eliminate unprofitable domestic and
        AFP  -  243 words
      • Article, Illustration
        Lock icon Bound for South Korea
        56 44 [LA ROCHELLE, France] High speed TGV wagons are loaded on the Asian Chorus in the French port before departing for Seoul, South Korea. It is the first shipment of wagons and engines built by French company GEC-Alsthom for South Korea, which intends to build a highspeed
        AFP  -  56 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1825 44 CITY FUGHT ETA FLIGHT ETO AhaMaM GA994 2030 tUMaNC C***** 1030 MaW* $0230 1920 M VN741 1310 VN742 0905 Aditmtm SO327 0820 *1844 0125 m 14,0 *1837 1540 GA994 2030 *6407 T<*» 1645 *1838 2335 »8S7 2310 W898 1935 AKklart N***** 2045 N***** 2045 IWshM AT097
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      22 27 Logistics: Creating win-win situations A company benefits from focusing on its core business, letting others handle its movement of goods. Page 2
      22 words
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      Page 27 Advertisements Column 2
      129 27 i |I.|l.|P| REGISTER NOW |Hfll^H|Vj|nßfl and LLOYD'S LIST TOD A Y j on the internet FREE for four weeks To register simply complete the form below and fax it to LLP Asia on: +852 2854 1538 or fill in the registration form at our internet site (www.llplimited.com). For further information
      129 words
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      Page 27 Advertisements Column 3
      21 27 Air fares in Asia-Pac inch up Airlines are holding fares stable in local currencies despite Asian crisis, says survey. Back Page
      21 words
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      Page 28 Advertisements Column 1
      1152 28 I NORTH AMERICA 1 I EXPORT I I OTWgH DESTINATIONS "I SSX SUPER SHUTTLE EXPRESS DIRECT TO LA t jDWeCT SERVICE TO WEST COAST SOUTH AMERICA/ASIA ANDES EXPRESS 3CTVICC PI vna vot fmsm nasi lua dm hou I otc I m Mocoan ynm vot sm loaioamuo ou«AVBn«>A lutuo to wwom
      1,152 words
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      Page 28 Advertisements Column 2
      692 28 Lines services represented MemDers of the by Memoers Registry of Singapore Freight Forwarders Accredited Shipping Agents ajUy Association %g»n y Singapore Shipping Association Send out 48,000 I sailing schedules Place an ad in... SHIPPINGTEVIES Just talk to us... IrisUm *****44 Jarrod Leoog *****89 EXPORT 3 x Japan •2 x Hongkong
      692 words
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      Page 29 Advertisements Column 1
      1068 29 TO EUROPE FROM EUROPE VISSH VOY SIN RTM AMR HAM IRV SOJ FIT UH VESSEL VOY RTH AMR HAM MV SOU KT UH SIN HY HIGHNESS 31 it 30/03 16/04 U/04 21/04 14/04 HYUNDAI EMPOtOR 4108 11/03 07/03 09/03 04/03 M/ 03 API AIMANDtNE Sl3< 02/04 25/04 22/04 23/04 20/04
      1,068 words
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      Page 29 Advertisements Column 2
      1920 29 (R) HANJIN SHIPPING MMUM SHIPPING (S) PTIITO ht,p Hww. Son,, <om BOOKING 32M*****/ SAKS *****74 731 MKUNERI 37M771 7/4 O««TK)*S *****41 757 WAIN LINE *****55 HI 777W40 CI NO **********0* |TO NW USA CANADA USA CANADA* KM VSI/VOY IAM sm UNI HAUL/VO Y SU TIW DEN POI 041 MSP PtT
      1,920 words
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      Page 30 Advertisements Column 1
      1753 30 DSR-SENATOR UNES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN/CANADA VtSStL VOY sT" LtH HTM AHH HAW WV FU VtSStl VP T SIM JtP Bff SPt FOS W.C MTH HAMJIN (OK WQM V B 17 04 11M 1( 04 17 M It.M LOMONSfN WIMI6 JO 03 09 04 14 04 It 04 18
      1,753 words
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      Page 30 Advertisements Column 2
      1264 30 MY ANC YML Internet Wet) Site http: //www yml.com tv» IJI im/Jl'lilM'HllHllHjl.'UH/HIIIiIJIHII T¥ncf WEEKLYEVERY TMU«SX)AY'SU*IDAY VESSEL VOY SIN CMB RTM HAM FXT LEH ANR SETO BRIDGE JBI2W 31/03 17/04 19/04 20/04 22/04 GIBRALTAR BRIDGE ABI3W 03/04 07/04 25AM 23/04 22/04 27/04 j MING WEST JBI3W 05/04 22/04 24/04 25/04 27/04
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      Page 30 Advertisements Column 3
      555 30 JESSELTON LINE TIL: *****56 FAX: ***** 1 2 MUARA r LABUAN VISSII VOT no ETA VESSU VOT FTD CTA SPORf MUARA SPOM UN ARUGUNtY VOK/M 31/03 02/04 AfKt GIORY VOK/W 31/03 04/04 i. ftosra vow/w 05/04 01/04 J vm/9t 05/04 w/04 AfMGtXXY VOH/M 09/04 I J/04 AMtGIOBY VOH/W 0»/04 13/04
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      Page 31 Advertisements Column 1
      1576 31 VESSEL VQY SIN BKK PGU PKO PEN BLW SUR BA J!? IRAN SHOJAAT PJL-1271 18/0 3 IRAN TEYFOURI PJL-1273 21/03 30/03 lII' ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I E AZARMIJAN ARMENIA. KAZAKHSTAN, UZBEKISTAN, TURKMENISTAN, KIRGISTAN, TAOZHIKISTAN A GEORGIA VIA B. ABBAS, BIK AGENT IN SINGAPORE
      1,576 words
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      Page 31 Advertisements Column 2
      1983 31 LIVERY MONDAY DIRECT TO JAPAN KOBE 7 DAYS NA6OYA t DAYS A. I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/L) *****02 JOHORE OfFKE: I COSTAR SHIPPING PTE LTD fi7-OSMSUDG saus/ikgs 4205M1/43 inward dept (O/O) *****8S COSTAR AGENCIES (M) SDN BHD |CR NO: *****89Q000M TOWER
      1,983 words
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      Page 31 Advertisements Column 3
      584 31 I;)-—, EASTERN CAR UNIR, LTD.""SfgS?" |_E_] id (SIHGAPOWI) TO UP 1 SPICIAUZI IN ROUP HEAVY LIFT UPTO 122 TONS ECI (SINGAPORE) PTE LTD LOADING FOR CHITTAGONG/CHENNAI SHARJA/JEBEL ALI/JEDDAH MV "IB EVERETT" V.7 MV "SEKI KOCHI" V.126 ETA SIM 26/03/98 ETA CTG 31/03/98 ETA SIN 26/03/98 ETA SHARJAH 09/04/98 CHENNAI 05/04/W
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1348 32 EUROPE/UK/SCANDINAVIA/FIHLAHD/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHW THP RDM ANW HBG PKL SGP E DECENT RW 003 04/04 24/04 29/04 25/04 27/04 28/04 29/04 E GOODS RE 060 07/03 06/03 06/03 10/03 02/04 E. DELUXE RW-002 11/04 01/05 06/05 02D5 04/05 05/05 06/05 E GLEEFUL RE-062 08/03 10/03
      1,348 words
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      Page 32 Advertisements Column 2
      1042 32 am MAC-HELS S'PQftE M'SIA I Carrier MN CONTR LINES, INC ~K~/V~ J OR NOc IaOMTSOOOM SIBU: (064) *****9 MANILA: (632) *****24 W PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MDN: (61) *****3 KUCHING (082) *****1-3 MANILA GINOA/BARCELONA MV "MARCON" V.803N MV
      1,042 words
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      Page 32 Advertisements Column 3
      440 32 NANTAI LINE j FULLY. CONTAINERISED SERVICE TO MAURITIUS SOUTH AfRKA VESSEL VOT SIN Ptu j POt I CFT I R/mT NANTAI DRAGON OOSS 31/03 09/04 13/04 17/04 NANTAI PRINCE 0?IS 05/04 11/04 21/04 NANTAI VtWUS 026S 14/04 23/04 27/04 01/05 04/05 GOLOtW DRAGON 0045 21/04 30/04 04/05 OS/OS NANTAI PRINCESS
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      Page 33 Advertisements Column 1
      563 33 BSfl i mm* MYANMAuBBk FIVE STAR LINE (Myonmar National line) Loading for Yangon (Rangoon) VESSEL VOY SIN PKG PfN PGU PAGAN 2S4W SID lAGO 101W 04/04 MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL TEL 02-03-*****00 PKL TEI 02-03-*****01 PEN: TEL 02-04-*****02 PGO: TEL 02-07-*****21/4 bank line (A service of Andrew Weir
      563 words
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      Page 33 Advertisements Column 2
      1318 33 A HYUNDAI MERCHANT MARINE CO. LTD. [VESSEL VOY ISW I SOU ILa I RTM 1 ANT I HAM 1 BRV I Ftt IVESSEL VOY I SOU I LEH I RTW I ANT I HAM I BRV FEI STI NOLTOURMAUNE 302W 27/03 17/04 18/04 12/04 14/04 HY EMPEROR 310E 04/03 11/03
      1,318 words
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      Page 33 Advertisements Column 3
      922 33 Mi MKf rxxwegon specicAzed outocornen SM£,„„,u<«„ ©§©3g fIBT MM U\ES TO NORTH AND LATIN AMERICA HEAVYLIFT SERVICE" I VESSEL VOY I RAMP HEIGHT SIN LAX CAL MIA SAV BAL OOF NYC NFW MOB TAPtOU FBO7 400T«k 6.3 M IN PORT 22/04 01/ OS 04/05 06/0S 08/ OS 09/05 10/0S IS/0S
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      Page 34 Advertisements Column 1
      995 34 BANQKOK/LAEM CHABANQ JAKARTA/PAW JA WO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN YANTRA BHUM 233N 28/03 01/04 GURU BHUM' 71S 28/03 31/03 CHANA BHUM 11N 29/03 01/04 01/04 ACX JADE* 17S 30/03 02/04 ACXRUBY 18N 29/03 01/04 02/04 DEJA BHUM 741S 31/03 03/04 02/04 ANAN BHUM" 98N
      995 words
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      Page 34 Advertisements Column 2
      497 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD. SINGAPORE 0206 TEL *****68 FAX *****64 TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI Bintulu 1 Muara J VESSEL VOY SIN gy VB» ffl Mi ~j 8 Serio V9806E 78 79/03 02/04 »»G«U Iwpt 78/03 07/04 I Sent V9807E II
      497 words
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      Page 34 Advertisements Column 3
      650 34 j ACCORD A SHIPPING PTE LTD TEL *****15 (40 lines) FAX *****30 FOOT KWK (03) 367 1001 Ml m OWECT ACCESS TEL: *****55 (IXPOMT BOOKING) MSM GUDAHG (07) 351 1377 *****34 (EXPORT DOC), *****39 (IMPORT) HMAMG (04) *****41 URL:HTTP://WWW.ACCORD.COM.SG MKAKU (21)HO0770 PORT ITA SIM PORT ITA SIM PORT ITA SIN
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      Page 35 Advertisements Column 1
      404 35 INDONESMmSIONA^N^I TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE ~VsI VOY f"?PORE I A DAM/fl DAM H BURG BREMEN ANTWERP A VESSEL 43W8 1?V22/3_| »/4 1/5 OMIT sft TO AUSTRALIA FULL CONTAINER SERVICE VSL VOY PTSTI FWE 8X SYP MEL «A API fflt AUSTEKTtWWK VI3S B«IKwl IMM 17«« HW4 2M4 WUf Of CAPEIU
      404 words
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      Page 35 Advertisements Column 2
      1085 35 CaaasPlf pacific international lines (pte) ltd I 140 Cecil street, #03-00 PIL Building, Singapore *****0. I I CR NO: **********06 VtSSH VOY Wt SIN SYD Mik FK| HI Jfl— I KOTA PIHWWA PWBOOI 27/3 28/3 *J4 l 4^ 4 '*/< 4 I looci AIILITY 011 3/4 4/4 14/4 18/4 21/4
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      Page 35 Advertisements Column 3
      938 35 Ig^gglg^ni VESSELS I VOY 9N JED MLA LEH HAM THP RTM ZEE VHJLE DE MIMOSA V2SW 31/ OB 08/04 IVO4 19*04 21/04 22AM 23/04 24/04 NfILLE DE TANYA T2SW 08AM 17/04 22AM 2BAM 29/04 30AM 30AM 01/06 VLLE DC TAURUS A2SW ISAM 24AM 29AM 0&06 06A36 06AB 00(06 08/06 VH-LE
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      Page 37 Advertisements Column 1
      49 37 To retrieve more schedules, just follow these simple steps... document 740-6000^^^^^^ tep be faxed M p Select the port I your Step key in the four number /jM digit c °de Key in your Example: »—*—i fax number To NEW YORK (NYC) 2275 United States for calls within Singapore
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      1176 40 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. **********0 D BOOKINGS CALL DIRECT JjE«ICyCEU*/MEmmi 7 slgs/WEEK 2 slg/week VESSEL VOY fSIN JAK VESSEL VOY SIN I PLB LALAZAR 1007 28/03 (SAT) 31/03 (TUE) TWADIKA 1301
      1,176 words
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      Page 40 Advertisements Column 2
      603 40 \yomm ENG LEI SHIPPING CO PTI LTD I I M *****75 |t Umi) Fai: 533M3t/531«9M CIN« mmOOOOO< I VESSEL VOT SIN HA SIN ITD DESTINATION Dwi Doyo 08/98 INPT 26/03 an Buono Ahadi 05/98 27/03 29/03 Pewang/Buaton/B Papon Unnn Sior 10 OS/98 27/03 28/03 Dumoi Marco Poto 42 9708 27/03
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      Page 40 Advertisements Column 3
      467 40 m FAR EAST 29/03 KEELUNG/KAOHSIUNG 29/03 BANGKOK 30/03 MANILA/CEBU 29/03 JAKARTA/BE LAWAN/SURABAVA 29/03 PORT KELANG/PENANG/E MALAYSIA 31/03 BUSAN 29/03 TOKYO/YOKO/KOBE/NGO/OSA 29/03 HONG KONG SIN CHINA 29/03 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU OALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 29/03 LON/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 31/03 LOS ANGELES/NEW YORK all IPI
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      Page 40 Advertisements Column 4
      485 40 9 Singapore Soviet Shipping fi&Co. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTA RATU RTUOOS 03/04 10/04 21/04 23/04 FAIRY EAGLE 11 IN 06/04 15/04 26/04 28/04 TRADE FAST TFS2I7 16/04 23/04 04/05 06/05 KOTA RATU RTUOO7 24/04 01/05 12/05 14/05 REGULAR MONTHLY RO-RO BREAKBULK
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      Page 41 Advertisements Column 1
      1214 41 ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE VESSEL VOY I SIN I PtR I GOA I VIC I IfH ANR FXT MSC HOUSTON 9810 3 28 MAR 10 APR 12 APR 14 APR OMIT 18 APR 19 APR I N SHARJAH 9811 3 31 MAR 13 APR 15 APR OMIT OMJT
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      Page 41 Advertisements Column 2
      1844 41 IviSSa/VOTAOt STOW I SOU I RTM I NAM I UN [VISSa/VOTAOI SOU RTM HAM |L« S'POtt Ml NAGOTA SHMBU [TOKYO J'®* i"I |NYK CASTOtOIEAOT 2102 01.0) 03.03 07.03 24.03 30.03 31.03 01.04 02.04 Ja? ™L >104 20.04 21.04 25.04 OOQ NETXRLAND 03U10 07.03 09.03 10.03 14.03 30.03 OMIT OMIT 04.04
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      Page 42 Advertisements Column 1
      458 42 I VESSEL VOY SIN MAA SIN I TIIGER BAY 615N 28-29/03 02 05/04 10-12/04 I TIGER WAVE 616N 31-01/04 06-09/04 14 15/04 I TIGER ISLAND 617N 09-12/04 17 19/04 TIGER BRIDGE 618N 07 08,04 13-16/04 21-22/04 I TIGER BAY 619N 10-12/04 16-19/04 24 26/04 I TIGER WAVE 620N 14 15/04
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      Page 42 Advertisements Column 2
      861 42 I JPfc. FREIGHT LINKS EXPRESS #4J 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg CONSOLIDATION THE FOLLOWING PORTS ISTANBUL (IST), CEBU (CEB), MALTA (MLA), ALEXANDRIA (ALY), SAN ANTONIO (VAP) VESSEL ETD SIN ETA IST ETA CEB ETA MLA ETA ALY ETA VAP CONTSHIP ROMANCE
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      Page 42 Advertisements Column 3
      1200 42 OOCL (Singapore, Pte Ltd CFS Keppel Distrpk 1 79 Anton Rood #21-04 (S) *****6 Blk 513 #01-128 enquiry :&i|y! CR NO **********0H Id: 272 7527 call 3269 180 fat: *****13 foi 221 3942 F«: 272 7825 1 NORTH AMERICA USA/ CANADA AUSTRALIA TO USA IGI -CHI MEM -NYC HOU OUTBOUND
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      128 43 LEGEND R Thunderstorm Temperature o c X\ y Shower Weother Wind direction with speed m knots Rom N_y Cloudy Sky Wov h#, 9 h Surfoce winds ore indicated by arrows which fly with the wind O One full circle represents calm or light and variable winds i__* One ho* Heche
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      Page 44 Advertisements Column 1
      145 44 STRAITS SOUTH AFRICA SHIPPING CONFERENCE ANNOUNCEMENT RATE RESTORATION FROM FAR EAST TO SOUTH AFRICA Shippers are hereby notified that the Member Lines of the above Conference have decided to implement a rate restoration of US$ 100 per TEU (Twenty-Foot Equivalent Unit) applicable on all shipments from Far East to South
      145 words