The Business Times, 8 April 1998

Microfilm: NL21181
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA(P) 110/12/97 85* SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, APRIL 8,1998
    12 words
  • Article
    MARKET SUMMARY
    46 1 8T0T1 ■1MKT UUMUB Tuesday Change KLSEOOMP dosed NIKKEI 14,178.71—+1717J HANGSENO 11.M9.43 4» SOT INDEX ttOJM -11H JAKARTA OOMP—dosed MANILA COUP _J.18M4 +H87 TAIPEI WPl fffU8 SEOUL COUP <MH +2XM CLSA CHINA B *477 -171 ADST ALLOW) 2,7»4J 4J lpm EST Ck&m WW 8JTKJ8 -47.14
    46 words
  • Article
    FINANCE
    80 1 rax MRS U8$ s$ US# 1.620 £(USS/S$ per S) 1.867 1684 Ml L843 0.87» YEN 134.7 \2tT Ml 1737 9.433 BO 7.749 0m BAHT 40.06 0.040 kjpiah as«9 o.o ir St to 100 untu FUBB BATES SINGAPORE* 7.81 KUALA LUMPUR 11.50 JAKARTA 28.00 BANGKOK 14.75 MANILA 22J0 HONGKONG 10.25
    80 words
  • Article, Illustration
    Lock icon Shopping malls face growing pressure for steep rental cuts
    758 1  -  Retailers also poshing landlords for increased advertising and promotions By: Frances Lui [SINGAPORE] Landlords of several shopping malls are under increasing pressure from beleaguered tenants to give steep rental discounts and to spend more on advertising and promotion campaigns in the
    CHRIS LOH  -  758 words
  • Article
    Prices of handphones dive, thanks to cross-subsidies
    411 1  -  Once averse to cross-subsidies, TAS now open to idea of $1 handphones By 1 Teh Hooi Ling [SINGAPORE] Retail prices of pagers and cellular phones have tumbled since the telecommunications regulator said two weeks ago that $1 handphone is possible in Singapore "as
    411 words
  • Article
    Lock icon Moody Japanese centre turns the tables on rating agencies
    465 1 AFP [TOKYO] A Japanese financial group said yesterday that it plans to rate the top international credit rating agencies, warning they may be making the wrong decisions. The Japan Centre for International Finance, a group backed by private finance firms, will
    AFP  -  465 words
  • Article
    GIC among firms extending help to Thai media firm
    465 1  -  Injection of capital brings foreign ownership to 49% From, Harish Mehta in Bangkok A GROUP of foreign investors, including the Government of Singapore Investment Corp (GIC), has extended a life-raft to an ailing Thai media company, the Nation Multimedia Group, by
    465 words
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      192 1 XHSEDE I 91 H 'ftiiiflMMil Ini* On Monday, Sonia Gandhi's wmfawnnrphofrfc from a grieving widow to the president of the 110yearcki Congress Party was complete. By a show of hands, 1,600 delegates to a party convention formally elected her as their leader, Pgt The major factors driving the region both
      192 words
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      9 1 Tokyo banfca pay more for loans abroad, Pg 12
      9 words
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      30 1 NOKIA < f We've found that when you put one and one together. WP w k*:- \ou end o with the wo Id. m I Ob 3.. ,t i J k
      30 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon Hashimoto: bold steps to stimulate economy soon
      601 2 TOKYO Stocks surge 1-7% on expectation that premier will call for even larger tax cnts Bloomberg AFP JAPANESE Prime Minister Ryutaro Hashimoto said yesterday he will soon announce "bold" steps to boost the economy, and investors expect that will include income tax cuts.
      Bloomberg; AFP  -  601 words
    • Article
      Lock icon Exim Bank plans to lend Jakarta US$1b
      189 2 TOKYO Reuters [TOKYO] The Export-Import Bank of Japan said yesterday it is considering extending a loan of about US$l billion (SSI.6 billion) to Indonesia to help get the country out of its economic crisis. "We are considering extending a two-step untied loan to
      Reuters  -  189 words
    • Article
      Lock icon World growth will slow to 2.9%: think tank
      256 2 LONDON Japan headed for recession this year, contracting 0.1% AFP [LONDON] World growth will dip in the next two years and Japan's economy will slide into recession, the Economist Intelligence Unit (EIU) think tank said in a report today. Gross domestic product
      AFP  -  256 words
    • Article, Illustration
      Lock icon Wedding business still flowering
      50 2 [SEOUL] Soon-to-be married South Koreans waiting to have their wedding photographs taken near a blossoming cherry tree in Seoul yesterday. South Koreans, known for spending enormous amounts of money on their weddings, are opting for simpler, less expensive ceremonies during this time of economic crisis. REUTERS
      REUTERS  -  50 words
    • Article
      Lock icon Indonesia expected to announce accord with IMF today
      247 2 JAKARTA Reuters INDONESIA is expected today to announce an agreement with the IMF (International Monetary Fund) to push forward with reforms to revive the nation's devastated economy. The Information Ministry has called a news conference for 11am (0400 GMT), but has given
      Reuters  -  247 words
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      124 2 W: T ■rtf jpjj ''1 B JB I P-.<' Br J^LjMfc* «> L Tfl Bfnti iMlMlStafeia(fadni Kdbng Theatre) em Pty an ded-There are goodie bags for all participants Plus RlftUfAl If'OS !>aua74o 2488 insurance) and lots of other prizes. Round up your staff and sign vYffvLlm JB (during office Hours)
      124 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Malaysia's NTV 7 starts broadcast
      181 3 KUALA LUMPUR AFP MALAYSIA'S second national commercial network NTV 7 began broadcasting yesterday with a live telecast of Prime Minister Mahathir Mohamad at Hari Raya Haji prayers in northern Kedah state. NTV 7 is owned by NatSeven TV Sdn Bhd, a whollyowned unit of the
      AFP  -  181 words
    • Article
      Anwar to meet PM, BG Lee during two-day visit
      134 3 SINGAPORE MALAYSIAN Deputy Prime Minister Anwar Ibrahim will arrive here today for a two-day visit at the invitation of Deputy Prime Minister Lee Hsien Loong, the Ministry of Foreign Affairs said yesterday. Besides meeting BG Lee, Mr Anwar, who is also
      134 words
    • Article
      Lock icon Mahathir defends opposition leader's jail sentence
      369 3 KUALA LUMPUR It is a mere process of law, not an erosion of freedom of speech, he says AFP MALAYSIAN Prime Minister Mahathir Mohamad defended the 36-month jail sentence handed down to opposition leader Lim Guan Eng as a "mere process of law", reports
      AFP  -  369 words
    • Article, Illustration
      Lock icon Practise the 'spirit of sacrifice': Dr M
      319 3 KUALA LUMPUR External threats doe to globalisation still persist, he warns AFP MALAYSIAN Prime Minister Mahathir Mohamad called on the nation to practise the "spirit of sacrifice" and warned of "external threats". "Our country is still not free yet from external threats due
      AFP; REUTERS  -  319 words
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      123 3 </> WITH A DIFFERENCE We oduolirmeasund our rooms 0 and discovered that ours q probably one of the most spodous you'll get at Ss//?*! To make it an even better offer, we component it with: 9 Welcome Drink Cofhe/ho making focSties CP 24 Hours intouse video Newspaper Smmming Pool usage
      123 words
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      86 3 CNBC ASIA BUSINESS NEWS. THE MORNING RITUAL FOR ASIAN BUSINESSMEN. '(p •vl&Il y-f. fe> i'V H <"* A .*'2;,.;'"* if iw > 4 }r v •i-' bnu<•• < i'y <V" xjv y ?i J" fVj r 'S. A 1 -T-- u,w v r «<£K T 5 J 9 f S
      86 words
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Aftershock of Asia currency woes
      1000 4  -  Region's fundamental weaknesses bode ill for currencies' recovery By, Jonathan Hazell The author is a Barclays Capital economist This article does not constitute an invitation to invest BTand its contributors shall not be held liable in any way. [SINGAPORE] STRATEGICALLY, we see every reason to
      Compiled by BT; Source: Dow Jones; Source: Deutsche Morgan Grentell  -  1,000 words
    • Article
      Will the sterling bubble burst?
      474 4  -  Forecasting panel sees it as vulnerable in the medium to long term By] Neil Behrmann The writer is BT's London correspondent [LONDON] Sterling's surge has amazed forecasters but BT's forecasting panel contends that it will only be a matter of time before the "bubble" bursts.
      474 words
    • Article
      ANALYSIS
      353 4 RagioMl ourrencioa wfll weafci- wtth yen ify Dave Lewis NEWFOUND yen weakness has stymied Asian currencies' recent recovery and is likely to continue to weigh them down. Given the substantial trade between Japan and South-east Asia, it will be advantageous for regional central banks to allow their currencies to
      353 words
    • Article
      Lock icon THE WEEK AHEAD
      282 4  -  Compiled by. Larry Wee Compiled by Larry Wee, Sources: ABN-Amro Independent Economic Analysis Holdings (IDEA), JP Morgan (JPM), MMS International (MMS) United States Tomorrow: After last Friday's surprisingly weak non-farm payroll number that sent US Treasury bond yields sharply lower (see table), and February's 0.1 per cent
      Compiled by Larry Wee, Sources: ABN-Amro Independent Economic Analysis Holdings (IDEA), JP Morgan (JPM), MMS International (MMS)  -  282 words
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      156 4 THE STRAITS TIMES CLASSIFIED 0-Jk YOUR GUIDE TO MORE PRODUCTS SERVICES TheßusinessTimes I inoaposi fl PREMIERES I O -p < K. I r I II y~-- v >r H H H I THI NIW nUORANCE DESIGNED FOR MEN AND WOMEN Get to know The Business Times and win Bvtgari Parfums
      156 words
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  • CHINA – HONGKONG – TAIWAN
    • Article
      Lock icon China firms punished for illegal futures trading
      243 5 SHANGHAI Reuters CHINA's securities regulators have stripped a company of the right to act as designated warehouse for two futures exchanges for unauthorised futures trading, the Shanghai Securities News said yesterday. The China Securities Regulatory Commission (CSRC) said the Niulanshan warehouse, which had
      Reuters  -  243 words
    • Article
      Lock icon Hongkong passes controversial bill despite appeals
      388 5 HONGKONG Democrats vow to repeal bill when new legislature takes office in May AFP HONGKONG'S outgoing legislature yesterday used its final sitting to pass a controversial bill to place Chinese state-run bodies above local laws, despite last-minute appeals from rights groups. The Provisional Legislature
      AFP  -  388 words
    • Article
      Lock icon Citibank's Taipei branch stops sale of derivative
      229 5 TAIPEI AFP US giant Citibank's local branch said yesterday that it would suspend transactions in a derivatives product here that Taiwan's central bank said was unauthorised. The central bank warned Citibank for carrying out transactions combining foreign currency deposits and non-delivery forward (NDF)
      AFP  -  229 words
    • Article
      Lock icon Taiwan to double foreign aid
      291 5 TAIPEI Foreign ministry proposing NTsl7.sb bndget in bid to boost ties, says report AFP CASH-RICH Taiwan is to more than double its international aid in an attempt to boost foreign relations despite China's opposition, a parliamentary source said yesterday. The foreign ministry has proposed an
      AFP  -  291 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      149 5 Phone Net from Singapore Telecom is a revolutionary f telephone system. It is an extremely cost-effective system that offers more benefits than existing PABX systems. i leaf's more, there is no limit to the number of lines and extensions you can put on Phone Net as your business grows. o
      149 words
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      272 5 potential... With the right financial resources behind you Nothing makes sweeter music than a sound business proposition. At International Factors Leasing, we orchestrate just that. We put together tounmrr FtMAMOMO a string of financial services at very competitive rates with quick response times to help your business rise to a
      272 words
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  • ASIA
    • Article
      The metamorphosis of Sonia Gandhi
      628 6  -  LETTER FROM NEW DELHI Mewly-elected president of Congress Party has a historic role in India By Rajendra Bajpai A YEAR ago few would have believed that Italian-born Sonia Gandhi, widow of assassinated Indian leader Rajiv Gandhi, would don her husband's mantle and become one of
      628 words
    • Article, Illustration
      Lock icon Japan bankers apologise for graft scandals
      265 6 TOKYO Heads of 9 banks appear before parliamentary body AFP [TOKYO] The heads of nine Japanese banks yesterday apologised for bribery scandals involving their employees and finance authorities. "Entertainment had been offered (to finance ministry officials)... as a long-term custom" without any specific purpose,
      AFP  -  265 words
    • Article
      Lock icon NZ to implement sweeping reforms in power industry
      318 6 WELLINGTON Mm for more competition comes after Auckland crisis Reuters THE New Zealand government, emboldened by a recent power crisis in the country's largest city, yesterday unveiled a radical set of electricity reforms aimed at promoting competition and cutting prices to consumers.
      Reuters  -  318 words
    • ASIA Notes
      • Article
        Lock icon Strike cripples Lanka postal services
        78 6 AFP [COLOMBO] Postal services in Sri Lanka were crippled yesterday as more trade unions joined a pay strike, officials said. More than Ave million letters have piled up at the central mail sorting office here as employees continue a non-cooperation campaign after reporting firework, officiate
        AFP  -  78 words
      • Article
        Lock icon Sydney to honour Opera House architect
        83 6 AFP [SYDNEY] Danish architect Jorn Utaon, designer of the Sydney Opera House, is to be honoured at last by the city he left 32 years ago amid a bitter row over the masterpiece he was never allowed to complete. Mr Utlon, who now lives
        AFP  -  83 words
      • Article
        Lock icon Indian minister charged with corruption
        85 6 AFP [NEW DELHI] India's new government faced a setback yesterday when Surface Transport Minister Sedapatti R Muthiah was formally charged with corruption. He was charged with acquiring wealth beyond his known income between 1991 and 1994 when he was speaker of the state assembly of
        AFP  -  85 words
      • Article
        Lock icon Indian missiles can cover entire Pakistan
        71 6 Reuters [NEW DELHI] India yesterday said its missiles could reach anywhere in rival Pakistan, a day after Islamabad announced a successful test-firing of its medium-range surface-to-surface missile, local media reports said. "We are capable of dealing with the situation in Pakistan," Press Trust of
        Reuters  -  71 words
    • Article, Illustration
      Lock icon Aussie senate set to reject land bill; early polls seen
      461 7 CANBERRA Final vote today; Aboriginal activist warns against race-based election Reuters [CANBERRA] Australian Deputy Prime Minister Tim Fischer said yesterday the country was edging closer to an early election as parliament rejected key points of an Aboriginal land rights reform
      Reuters; AFP  -  461 words
    • Article
      Lock icon Aussie firms' confidence wanes as Asia woes loom
      297 7 SYDNEY Bloomberg AUSTRALIAN businesses are increasingly pessimistic about their prospects because of Asia's economic woes, a survey by National Australia Bank Ltd found a result which led the bank to cut its growth forecasts for this year and next. The bank's business
      Bloomberg  -  297 words
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      Page 6 Advertisements Column 1
      155 6 ft _t y The Largest Optical Retail Chain presents Adaptation Guarantee A Wide Selection We are so confident you will enjoy the As Singapore's largest optical chain, comfort of Varilux lenses we will give you a we offer you more choices in terms of frames 30-Day Money-Back Adaptation Guarantee. to
      155 words
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      Page 6 Advertisements Column 2
      15 6 Impress your WwJi ivitli J5 in interestiii) Rtri SitJtf ClistifiU this ««tkt«4. wito&insttmim w [cat*
      15 words
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      38 7 This announcement appears as a matter of record only fcR LEWIS PEAT (RUBBER) FINANCIAL CORPORATION USD 70,000,000 ASSET BACKED SECURITISATION PROGRAMME Arranged and Funded by Rabobank International Singapore Branch London Branch New York Branch Rabobank January 1998 International
      38 words
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      716 7 M THE MATTER Of THE COMPANIES ACT, CHAPTER 90 AMO •N THE MATTER OF ONKYO (SINGAPORE) PTE LTD (IN LIQUIDATION) Extract of the Minutes of the Extraordinary General Meeting signed by the Representative of Holding Company relating to Proceedings of Subsidiary Company pursuant to 5.179(6) of the Companies Act. Chapter
      716 words
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      225 7 fl R G 5 0 r t' Thai s Also fl Home Imagine being able to, quite literally, stroll down to the beach at the end of your working day. You can at Mandarin Gardens, Singapore's only full service apartments by the sea. Apartments range from one bedroom to penthouse
      225 words
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  • THE WORLD
    • Article
      Lock icon US wholesale inventories rise fastest in 5 months
      391 8 WASHINGTON Robust demand drives businesses to add to stockpiles in Feb after a Jan fall Bloomberg INVENTORIES of goods at the nation's wholesalers rose in February at the fastest pace in five months as businesses added to stockpiles to meet robust demand.
      Bloomberg  -  391 words
    • Article
      Lock icon EC investigating financing of new BBC news channel
      171 8 BRUSSELS Probe into whether channel received illegal state aid Reuters THE European Commission said yesterday it was investigating whether the BBC's new 24-hour news channel was benefiting from illegal state aid as part of a broader probe into the way public broadcasters
      Reuters  -  171 words
    • Article, Illustration
      Lock icon German jobless rate unchanged at 11.5% in March
      406 9 NUREMBERG Bloomberg GERMAN joblessness fell for a third straight month in March, while inflation remained at a seven-year low, signalling faster economic growth and rising stock markets in the country. Unemployment fell by 2,000 people in March, seasonally adjusted figures from the
      Bloomberg; REUTERS  -  406 words
    • Article
      Lock icon Yeltsin rules out coalition govt; sticks to PM choice
      335 9 MOSCOW Opponents told 1998 should be non-confrontational Reuters PRESIDENT Boris Yeltsin struck a tough note as he kicked off a round-table meeting with political opponents yesterday by ruling out a coalition government and urging them to back his controversial prime ministerdesignate.
      Reuters  -  335 words
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      10 8 go* CABLE WIRELESS 7o Zao/ *Ar world in integrated communications
      10 words
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      726 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LECARN KARAOKE TEA LOUNGE PTE LTD At an Extraordinary General Meeting of LECARN MRAOKE TEA LOUNGE PTE LTD held on 1 April 1998. the following resolutions were passed pursuant to Section 179(6) of the Companies Act.
      726 words
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      1020 9 NTHE MATTER OF THE COMPANIES ACT, CAP. 50 ANOM THE MATTER OF ASAMA PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) At an Extraordbiary General Meeting of Km member* of ASAMA PTE LTD, duty convened and Md on 31 Mart* 1996 at 10.00 an,at 1330 Ala Moana Boulevard #3907 Honolulu, Hawaii *****
      1,020 words
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      419 9 There's money to be made on the worlds sharemarkets* But which ones? USA 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
      419 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Retail investors stay active in Asian stocks
      550 10  -  Despite losses due to regional crisis, they remain big source of trading, say brokers By Wong Wei Kong [SINGAPORE] Across Asian equity markets, retail investors remain active players, despite the sharp losses many suffered as a result of the regional financial crisis. While
      FILE PHOTO  -  550 words
    • Article
      Lock icon Funds wary of bloated equity markets: survey
      408 10 Managers slowing baying and even switching into cash Reuters [LONDON] Fund managers' interest in bloated global equity markets is waning as more investors see the re-cord-setting markets as overvalued, said the Merrill Lynch Gallup Global Survey for April. The poll of international investors,
      Reuters  -  408 words
    • Article
      Waiting for Tat Lee's response
      143 10  -  LETTERS TO THE EDITOS Denis Distant Singapore via Internet I REFER to the article "Veil has to be lifted before Kep-bank-Tat Lee marriage" by Lee Han Shih (BT, April 3) and expect an early and explanatory response from Tat Lee Bank, which seems to have
      143 words
    • Article
      Not enough data on Temasek bonds
      217 10  -  Dharmo Soejanto Singapore via Internet I REFER to your article on April 3, "Temasek bond issue not well understood: Hsien Yang". You mentioned in the article that the bonds are "convertible into Sing Tel shares at 553.38, the effective conversion price works out to
      217 words
    • Article
      Shipyards looking good as defensive stocks
      836 10  -  HOCK LOCK SIEW Louis Beckerling WITH stock markets in retreat right around the region, investors have understandably gone on the defensive. And one defensive position in the circumstances of the currency crisis and the declining economic growth rates that have followed in its train,
      836 words
    • COMPANIES
      • Article, Illustration
        Lock icon European bank stocks soar on hopes of mergers
        609 11  -  Citicorp-Travelers deal sparks belief of farther mergers in financial services industry From Neil Behrmann in London EUROPEAN bank and insurance shares are surging on the belief that there will be further mergers in the industry following the Citicorp and Travelers Group deal.
        REUTERS  -  609 words
      • Article
        Lock icon Green Tree and Conseco unveil US$7.6b merger
        281 11 New entity will be US' largest publicly held consumer finance, health insurance company AFP [NEW YORK] Two US financial services firms, Conseco and Green Tree, yesterday announced a US$7.6 billion (5512.3 billion) merger that will create the country's largest publicly held health insurance
        AFP  -  281 words
      • COMPANY Briefs
        • Article
          Lock icon No merger for San Miguel unit
          76 11 AFX-Asia [MANILA] San Miguel Corp said its unit San Miguel Packaging Philippines Inc and Metro Pacific Corp unit Steniel Manufacturing Corp are not conducting merger talks "We are unaware of any planned merger between Steniel Manufacturing Corp and San Miguel Packaging Philippine Inc," the
          AFX-Asia  -  76 words
        • Article
          Lock icon More forex losses for Sampoerna
          115 11 Bloomberg [JAKARTA] PT Hanjaya Mandala Sampoerna said 1997 profit will be hurt by foreign exchange losses that are 413 billion rupiah (5578.1 million) more than the company expected. The loss, associated with the company's roughly US$4OO million (*****.4 million) in foreign debt may wipe out
          Bloomberg  -  115 words
        • Article
          Lock icon Inter-Continental to run Seoul hotel
          92 11 AFP [SEOUL] Inter-Continental Hotels and Resorts said yesterday it had signed with a subsidiary of South Korea's LG group to operate and manage a 640-room five-star hotel in Seoul. In an announcement from its Asia-Pacific office in Singapore, the US group said the new Hotel
          AFP  -  92 words
      • Article
        Lock icon Salim, Credit Suisse freeze Danamon stake plan
        130 11 AFP [JAKARTA] Indonesia's major diversified business group, the Salim Group, and Credit Suisse First Boston have put on ice a plan to take a stake in PT Bank Danamon, according to a press release obtained yesterday. Both companies announced in a joint press
        AFP  -  130 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Japanese banks pay more for overseas borrowings
        388 12 Premium hits as high as 34 points after Moody's 'negative' outlook rating Bloomberg [TOKYO] Japanese banks' costs for borrowing overseas rose after Moody's Investors Service changed its outlook on Japan's credit rating to "negative" last week. "Everyone's still suspicious about the credit worthiness
        Bloomberg  -  388 words
      • Article
        Lock icon Aussie swap market more liquid than bonds
        199 12 Reuters [SYDNEY] The Australian swap market has doubled in size over the past four years and was now more liquid than the domestic bond market, a survey by investment bank J P Morgan has found. The survey showed the value of swaps involving
        Reuters  -  199 words
      • Article
        Insurance firms using mail, Net to sell policies
        379 12  -  Role of insurers' medical directors set to increase with new distribution channels By Soh Tiang Keng [SINGAPORE] Many insurance companies are now looking at alternative channels such as bancassurance, direct mail, or even the use of telephone or Internet to sell policies.
        379 words
      • Article
        Lock icon Soros' fund eyeing Korea bonds: report
        153 12 Reuters [SEOUL] A Korean newspaper yesterday said that Quantum Fund, an international fund run by financier George Soros, had shown interest in purchasing US$2OO million (*****.7 million) to US$3OO million of South Korea's sovereign bonds, but wanted higher interest rates due to the falling
        Reuters  -  153 words
      • Article
        Lock icon China's first two investment funds debut at a premium
        325 12 AFP [SHANGHAI] The first two of China's long-awaited investment funds, set up to invest in equities, made their eagerlyawaited debut yesterday at a premium on their subscription price. The two 15-year closed-end funds, each worth two billion yuan (*****.8 million), are
        AFP  -  325 words
      • Article
        Lock icon ETPI's US$150m bond sale
        98 12 AFX-Asia [MANILA) Eastern Telecommunications Phils Inc (ETPI) will offer US$l5O million (***** million) worth of bonds in June with Merrill Lynch as lead manager, ETPI vice-chairman Luis Sison said. The Philippine Daily Inquirer quoted Mr Sison as saying the firm also plans to raise its capital
        AFX-Asia  -  98 words
      • Article
        Lock icon Low rate outlook boosts Euroyen
        265 12 rum fin Report Reuters (SINGAPORE) Simex Euroyen and Japanese government bond (JGB) futures rose yesterday on further short-cov-ering after a recent heavy sell-off. Dealers said the outlook was for Japanese interest rates to remain low for the foreseeable future and there was even a chance
        Reuters  -  265 words
      • Article
        Lock icon CURRENCY REPORT
        283 12 AFP, AFX-Asia London THE US dollar remained rangebound against the yen in late trading here yesterday, with upside capped by the threat of Bank of Japan intervention and the possibility of further fiscal measures to boost Japan's domestic economy, analysts said. CIBC analyst Audrey Child-Freeman said dealers have
        AFP,; AFX-Asia  -  283 words
      • Article, Illustration
        Untitled
        1224 12 mTBEBAWK CE08S EATB8 Apr 6 AS CS ffc ECU Fir Dm HKj fcrttofcHi V 8M HZSHIH Hf S> 1— Sir H Hmt m Australia 0.935 *.171 0.613 4.078 1216 5.1* 26.096 56.10 0189 9.731 2.467 1200 29.387 25.750 1169 3.323 1006 ***** 26.439 0.396 0460 Canada 1.069 5161 0.655 4361
        1,224 words
    • COMMODITY PRICES
      • Article
        Untitled
        1704 14 S1COM FUTURES Aprt RUHER (Marts dNtag« at SJ0p«) tSS 1 CONTRACTS cmtsAg) CtoM VotaM Opto jjgjjN Lot S«tt (touts) hrtorost Way 98 06.00 2450 Jan 96 1T7.75 3150 Jri 98 120.00 1665 Aug 98 123.50 1665 Sep 98 125.25 1665 Od/Dcc 98 129.50 4950 Jan/Mar 99 ***** 975 Apr/Jai 99
        1,704 words
      • Article
        WORLD STOCK MARKETS
        2329 14 LONDON Industrials »T Nuca *h 34 Group 599.000 4.000 AB Ports 358.000 -12.000 Abbey National 121S.340 -0.660 Allied Domecq 617.000 11.000 Amc 160.000 unch Asda Croup 203.200 0.200 BAT Ind 548.000 -4.400 BO PIC 306.000 -3.000 BICC 147.000 -2.000 BOC Group 894.000 -4.000 BR Petroleum 901.400 23.000
        2,329 words
      • Article
        Lock icon TOKYO
        1624 14 Bloomberg □Nikkei 225 *272.73 JAPANESE stocks rose for a second day yesterday, led by banks such as Sanwa Bank Ltd, on speculation the government is preparing to announce additional tax cuts after securing passage of the budget today. Prime Minister Ryutaro Hashimoto will hold a press conference to discuss
        Bloomberg  -  1,624 words
    • Article, Illustration
      Lock icon HONGKONG
      1461 15 Reuters P Hang Seng -125 HONGKONG stocks trod water yesterday to close largely unchanged with little news to trade on and with many investors on holiday, brokers said. The Hang Seng Index dropped 3.25 points, or 0.03 per cent, to end at 11,049.43. Turnover was light. The market was
      Reuters  -  1,461 words
    • Article, Illustration
      Lock icon CHINA
      572 15 Reuters CI Shanhcaß Index -dO2 SHENZHEN'S B Share Index ended slightly lower yesterday, partly due to heavy selling in Shandong Chenming Paper, analysts said. Chenming said yesterday it would issue 90 million new B shares mainly to repay bank borrowings of 208 million yuan used to set up a
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  572 words
    • Article
      Lock icon TAIPEI
      367 15 AFP HWPhtot *7136 TAIWAN stocks inched up 0.3 per cent yesterday, winning a minor boost from a recordhigh overnight close on Wall Street, brokers said. "Sentiment was buoyed by the Dow Jones index that has climbed up to its record high level," said Lai Tseng-yu of Core Pacific Securities.
      AFP  -  367 words
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      Lock icon BANGKOK
      791 15 AFP Q SET Mm -ma THAI share prices continued their downward trend yesterday, shedding 2.9 per cent on the back of concerns over higher interest rates. Stocks were sharply lower as investor confidence slipped amid bank moves to increase lending rates while foreign investors continued their portfolio adjustments, analysts
      AFP  -  791 words
    • Article
      Lock icon MANILA
      294 15 AFP Hnwfl* <a«7 PHILIPPINE share prices closed one per cent higher yesterday following a technical rebound, analysts said. The Philippine Stock Exchange Composite Index gained 22.87 points to 2.183.35 points. Turnover rose to 1.49 billion shares worth 854.03 billion pesos compared to 444.31 million shares worth 764.82 million pesos
      AFP  -  294 words
    • Article
      Lock icon SEOUL
      369 15 AFP Qo*np«ittUkgMtt« SHARE prices surged 5.4 per cent on the Korea Stock Exchange yesterday, rebounding on the rising yen and reports that the government will privatise state-owned companies, dealers said. "The goverament's...(privatisation of) state-run enterprises proves that it will take the initiative in restructuring and sharing the pain with
      AFP  -  369 words
    • Article
      Lock icon SYDNEY
      584 15 AFP PADOrtaariM 418 AUSTRALIAN share prices closed marginally lower yesterday as profit-taking offset US-inspired rises, brokers said. The Australian Stock Exchange's main indicator, the All Ordinaries Index, fell 0.8 points to 2,794.8. The All Industrials Index improved 5.7 points to 4,813.6 while the All Resources Index fell 7.0 points
      AFP  -  584 words
    • Article
      Lock icon WELLINGTON
      244 15 AFP n Wellington -7.1t SHARES closed down 0.3 per cent yesterday on hefty turnover worth NZ$42O million led by the newly-listed Telecom Corp instalment receipt. The NZSE-40 Index lost 7.16 points to 2,296.26. Trading in the new Telecom Corp instalment receipt accounted for NZ$9Ol million of turnover. AFP «r?
      AFP  -  244 words
    • EDITORIAL & OPINION
      • Article, Illustration
        Bangkok loses patience with Myanmar
        677 16  -  THE BOTTOKLZXE OPINION By Harish Mehta The writer is BT's Bangkok correspondent THAI Prime Minister Chuan Leekpai has warned that this time, the Myanmar government has gone too far. Thailand would use force to retaliate against any further violation of its border by Myanmar militants
        677 words
      • Article
        IN OTHER WORDS
        197 16 'Politics in 1998 is not about a clash of ideas, it's an exchange of accusations.' -John Pitney Claremont-McKenna College professor, on the Clinton sex scandal. 'Where is the hope for us in America? We will never be in charge. We will always be 10 per cent We
        197 words
      • Article
        Time for US to pressure Netanyahu
        601 16 EDITORIAL WELCOME though the Israeli offer to vacate its 20-year occupation of south Lebanon might be, there can be no real peace in the Middle East until the United States brings far greater pressure on Prime Minister Benjamin Netanyahu's right-wing government to make much
        601 words
      • Article, Illustration
        Lock icon A study in contrasts
        1210 16  -  Dissimilar CEOs of Travelers Group and Citicorp most work together to ensnre merger succeeds Bu S Saul Hansell, Leslie Wayne NYT THE two men who will run Citigroup, the new financial powerhouse to be made up of Citicorp and the Travelers Group, could hardly be more
        NYT; REUTERS  -  1,210 words
      • Article
        Stockbrokers should not fear Internet trading
        823 16  -  mn.nftT Lin Chee Lok, Tng Yong Chuang IT IS interesting to see how people react when unfamiliar and new things are introduced, especially when it apparently affects their livelihood. The Internet is one good example: it rivals print media in distributing information, attracts more
        823 words
  • Page 10 Advertisements
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      55 10 UK PROPERTY FINANCE FROM SINGAPORE. r For further information, please contact either Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 Highly Competitive Interest Rate Fast and Convenient Service Flexible Loan Package Pre-purchase Approval The Royal Bank a* of Scotland pic Six
      55 words
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      381 11 Industry Briefing on Fund Management A 1998 Update The recent changes to the regulatory and taxation environment in Singapore are expected to have a significant impact on the fund management industry. The Government's decision to place out up to 50% of the Government of Singapore Investment Corporation's portfolio to private
      381 words
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      Page 11 Advertisements Column 2
      247 11 A study in contrasts, Pg 16 No Other Airline Unites The States Better From Singapore. II m II K Northwest mm J11,5 dlroct to jSHIiHHk tmu 8 gateways fSIIV cities from Coast Toronto SA v\y Vancouver \i J£... Seattle Paul.- D*ro* Portland Washington Salt lake City SasbrtUe V lies Moines
      247 words
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      393 12 06 April 1998 NOTICE TO CLOSE REGISTER OF LOAN STOCK HOLDERS $22,000,000 PRINCIPAL AMOUNT OF 2.25% UNSECURED LOAN STOCK DUE 2002 Pursuant to the terms of issue of the $22,000,000 Principal Amount of 2.25% Unsecured Loan Stock Due 2002 ("Loan Stock 2002"), the interest on the Loan Stock 2002 will
      393 words
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      Page 12 Advertisements Column 2
      440 12 In The Matter Of The Companies Act Cap. 50 In The Matter Of CI INTERIORS rTI LTD NOTICE Of CREDITORS' MEETING PURSUANT TO SECTION 2* Of THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 2% of the Companies Act Cap SO, a meeting of the
      440 words
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      Page 12 Advertisements Column 3
      7 12 The Straits Times Classified I 1 Where
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      302 13 I Schroder I INTERNATIONAL BALANCED GROWTH FUND I IT'S PART INCOME I YIELDING SECURITIES Schroder* Customer Holp Lino 534 4288 The Schroder International Balanced Growth Fund offers Fixed Price wifer r just what the name says: a balance. You enjoy potential high Apply before April 30 and take advantage of
      302 words
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      199 15 If only everything in life as was reliable as a Volkswagen The stock markets in Indonesia, Malaysia and Singapore were dosed yesterday for the Muslim Hari Raya Haji holiday JTtvrar® j ST^V?" iXT w!2!oK! J, a 'iii'jik VS!- I S P« ,Ui «>Sfi«J#fil r>»» wvag i**r U. 4-<!fx>r Vto>S HffW
      199 words
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      591 17 Buy It. Sell It. Find It. Classified, flfr CATS. Call Today For Results Tomorrow. 1800-737-1166 Where to wine, dine and entertain...< >> fsssA y T M kttp:// www. ana-kotels. com Not just seafood either. Visit our Kome page and you can order tonight'* dinner (torn our cyber selection. Browse through
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      132 17 Man*kirin\/£ Sirugiporc RieJing Grand Cru Kirstbberg 19% j pn oAlsace We bring you the wine IjP cuisine of Alsace. *oHp 27 March 8 April Xlx Bon Appetit! Please call 831 6258/9 for reservations. Sponsor*: CWWIWIB. rr r rrninr LELYOND'OP KLIPfEL IEtTAUIANT haWa^ln JZt 333 Orchard Road, Singapore *****7. Tel: 737
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  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      754 17 TV&KAPIO Fi m»lm al2 2.40 Remington Steel. &30 Kraftangan. *■3® J*M y. 330 Three Stooges. 9.00 Keluarga Harmuni. rXTXXTIS^ 4*o Kidz Blitz: Alf Tales I. 3.45 The Golden Girls. Cinemathique Heav 4JJO Lassie s Rescue Rang- no Bewitched. en's Animal (See Our BJO TV Innovations. Choice) 5.00 Bimble s Bucket.
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      Page 17 Miscellaneous Column 2
      165 17 CRYPTIC CROSSWORD ACROSS 17 Somehow her gets cov- ZZ|BLj||lE_^BtZj||LZ^BLjßLZjßtZ 19 Maybe toxin extracted from 31 Enduring labour whilst im- prisoned (2,11) 9 Having little luck at sketching YE9IERDATS SOLUTION DOWN (7.1,5) 2 Time serving hairdresser (7) Expulsion of enemies was 3 Estimate what the current Pride sfirst (5) ■^*mE^ p
      165 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Exodus of expats from Hongkong
      590 18  -  But fitter HUMPHREY finds out that some are intent on staying PETER HUMPHREY Reuters Douglas st Denny watches the world go by from his second-hand bookstore in Discovery Bay, a popular Hongkong residential area. And he watches the expatriates leave. "More people have been coming
      Reuters; FILE PHOTO  -  590 words
    • Article, Illustration
      Lock icon Country music star Wynette dies in sleep
      298 18 PERSONALITY Aged 55, she was believed to have died of a blood clot Reuters [NASHVILLE, Tennessee] Tammy Wynette, who died on Monday in her sleep at her Nashville home, rose from poverty in the Alabama cotton fields to become the first woman in
      Reuters  -  298 words
    • Article
      Lock icon Curtain rises on dramatic Masters
      320 18 GOLF Past victories have been marked by triumph and tragedy Reuters [AUGUSTA, GeorgiaJ The past three Masters tournaments have produced such theatrical masterpieces that even the magnificent Tiger Woods will be hard pressed to keep the string alive when the curtain goes up on the
      Reuters  -  320 words
  • Page 18 Advertisements
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      75 18 fake frf, tl#fii*e ***/h 6f ,w fcm Savour the inspired flavours of Cafe des Artistes. Now open at The Oriental, Singapore. Bring along this advertisement before 13 April 1998 to enjoy Jo7o JisA4U*t~ durin g lunch time. Advertisement can be used for a one time redemption only. Call 331 0082
      75 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      306 19 Bridge News Reuter THERE were unconfirmed reports of higher rates for grain cargoes from the US Gulf and South America, however, because in each case both the charterer and the owner were South Korean, some brokers were discounting the reports as not necessarily representative of the market. Wl
      Bridge News; Reuter  -  306 words
    • Article
      MARITIME STOCKS
      202 19 >ez n w CWT OMrfeuttan 044 -0X25 IS 030 -OOOS 17 CMMkwwttMnt -0.78 s»sf—§s *a KBSU— sis is IMC HokSnqs MK S.60 jhkm*v as -0.02 *o JufWMSMpy«rd —7.70 unclt 73 K*p»*(C«r»__<4« uncft 039 Kw«ras 432 -034 7 Mmtmrtm lm -aoi *4 MN*T6fc 0.999 -0.015 241 UOTyttartM 134 uncft
      202 words
    • Article, Illustration
      Lock icon 200 new terminals needed to cope with box cargo growth
      380 19 Container shipments through world's ports expected to jump 60%: Drewry FT [LONDON] More than 200 new container terminals will be required by 2005 to meet an expected 60 per cent increase in containers moved through the world's ports, according to
      FT; FILE PHOTO  -  380 words
    • Article
      Carnival paying for the Cunard name and the draw of the QE2
      827 19  -  STRAIT TALK By Seafarer THE news that Kvaerner had sold its cruise line, Cunard, did not come as a complete surprise. The Norwegian-owned but London-based conglomerate had been looking to dispose of the prestigious, but until recently loss-making,
      827 words
    • Article, Illustration
      Lock icon Sydney dock workers strike again
      400 19 Reuters, AFP [SYDNEY] More than 350 dock workers walked off the job in Sydney yesterday as Australia's bitter waterfront dispute intensified. The seven-day strike at Sydney's Port Botany Australia's second busiest over new wage agreements, was described by national docks company Patrick as a continuation
      Reuters,; AFP; REUTERS  -  400 words
    • Article, Illustration
      PSA's stellar achievement
      145 19 [SINGAPORE] PSA Corp said it has achieved a stellar performance of 203 moves an hour on the 6,600-TEU Sally Maersk, its second highest to date. The achievement was made during the vessel's maiden call at PSA's Brani Terminal recentlyin which 1,700 containers were han- died in less
      145 words
    • Article
      Lock icon China, US may be headed for serious maritime row
      421 19 Reding refuses to continue with bilateral talks after only 2 days Lloyd's List [WASHINGTON] A key US government official has warned that China and the US may be headed toward a serious maritime row, similar to the showdown between Washington and
      Lloyd's List  -  421 words
    • Article, Illustration
      Penalties needed as deterrent
      908 20  -  MAR»S POLLUTION This is the second in a two-part series on Singapore's efforts at protecting the marine environment Bui Chen Tze Penn 77m writtr Is dlrwctor-gtrwvl of tht Marltlmt A Port Authority of Slngaport (MPA) IT IS necessary to send clear signals that we take pollution
      908 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      317 20 l»AOt ESUInM M MIL 3 Ethiopian 6 Accord 6 Ahrtnlilal M FarwWa M AppanaMp S '««gSun I Alia OCL IS I Astro 3 W LMu 16 Austral 6 Link Avant 16 Oamartrani t I'tang Mm I 6aw*g 9 BSA 7 Glory Niv M
      317 words
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      SHIPPING GUIDE
      17526 28 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT I rti m U«.iM I rTi FTi UMrtHar VMU VnvAM TlUlUllllH ETA ETA Advarttsar V«mI Voyaga T***o«a ETA ETA Advarttaar VW* T SIN Ont'n Nam» Nam* HlMlUr WnBar SIN Oatt'n Nama -"if** B/04 n/M Straits CHCNCTU VM 45-74M7M To BUENAVENTURA (BUN) 2059 lb ACAJUTLA (AOJ)
      17,526 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        588 35 Voaaol Voy No lorth Arrtvol Departure It Nurdlena *****6 alongside 06.04/0600 It Sejatl *****6 J01 ilongsfd* 06.04/0600 lei Itye Mah 01 JIT elongslde 10.04/1500 tow Growth 9601 JH elongslde 10.04/0700 Rtwln VI29 J1S elongslde 10.04/0600 ArtlcdolpMn 3/98 J03 07.04/1700 06.04/0500 AHn 366 J14 06.04/1500 09.04/2300 MUMR2 9606 J02
        588 words
      • Article
        CONTAINER SCHEDULES
        1677 35 KgCCIYHW OF DffOtT FCl COHTAMtM AMP LCI CJUWO BooMnf/lolonco Rftli Ship voy Mo Ctfc/ltr Nrt* Frow To Prow ass i IS ss ss ka nm MM ©55 5 mm tSSR tBmo W II OWM NWH M/MM 3 01/0*00 MM 4 OIAIOO 0IA4W 0IA*00 mTMM MM 5B5o u P7B5
        1,677 words
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        GLOBAL HOLIDAYS
        203 35 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 Friday. Indonesia: Good Friday. Ireland Republic Of: Good Friday. Mexico: Good Friday. Netherlands: Good Friday. New Zealand: Good Friday. April Australia:
        203 words
      • Article
        COCKETT BUNKER MARKET REPORT
        921 35 THIS report, compiled by Cockett Marine Oil Ltd. itaow* price range* In US dollars Instead at single price* for a more comprehensive description at the market Price* shown are baaed on average-siKd stem Market movements are Indicated The Cockett Bunker Price Index change and the Individual
        921 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        336 35 180 Mai 993.5 2.0 17.4 0J1 123 0.09 Amm i itm My i*i juj i*h aimMiii iidlniil No abOM E25 12 4 HL* —-Z-— 380 Am 985.9 0.3 15.1 0.06 30 0.02 yg 380 Mu 992.9 0.9 19.9 0.13 64 0.87 Wri »»/y »■/>! »M/» w
        336 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon US to fine big airlines for competitive tactics
        582 36 Under new guidelines carriers will be penalised for practices that drive oat small airlines Bloomberg [WASHINGTON] Major US airlines could be fined up to US$l,lOO a day per violation for adding seat capacity and lowering fares with the intention of driving smaller
        Bloomberg  -  582 words
      • Article
        Lock icon 108 Boeing planes delivered in 1st qtr, 2 short of forecast
        325 36 Bloomberg [SEATTLE] Boeing Co said it delivered 108 planes in the first quarter, two short of its estimate, as the company tries to clear up production bottlenecks. As recently as last month, the world's largest aircraft maker predicted it
        Bloomberg  -  325 words
      • LOG Book
        • Article
          Lock icon Honda to lauch pollution-free car
          87 36 AFP [WASHINGTON] Japanese carmaker Honda plans to launch this week what it said would be the first mass-produced vehicle to run exclusively on natural gas with "the cleanest internal combustion engine ever". The company's US unit said the launch will come today at its auto
          AFP  -  87 words
        • Article
          Lock icon MAS to serve new Borneo route
          93 36 AFP [JAKARTA] Malays}a Airlines will open a new route on the island of Borneo linking the eastern towns of Kota Kinabalu and Tawau in the Malaysian state of Sabah with Tarakan in the Indonesian province of East Kalimantan, a report said yesterday. The Malaysian
          AFP  -  93 words
        • Article
          Lock icon China to spend <6.9b yuan on railways
          81 36 China to spend &lt;6.9b yuan on railways Reuters [BEIJING] China will invest 6.9 billion yuan (Ssl.3 billion) to build railways in the southern provinces of Hunan, Guangdong and Hainan this year, the China News Service said. The provinces were expected to start building three railways this year, as well as
          Reuters  -  81 words
      • Article
        Lock icon US, France likely to reach air accord
        140 36 Bloomberg [PARIS] US and French negotiations on an air services accord are likely to conclude today with an agreement, the French Foreign Ministry said. Major sticking points have been essentially talked through, and discussions will resume today afternoon, said Romaric Roignan, a spokesman
        Bloomberg  -  140 words
      • Article
        Lock icon Deutsche Morgan Grenfell to manage sale of Peru airports
        162 36 Bloomberg [LIMA] Deutsche Morgan Grenfell will manage the sale of concessions to operate and upgrade Peru's four main airports, beating out four other investment banks, the Peruvian government said. The other banks bidding for the right to manage the concession were
        Bloomberg  -  162 words
      • Article
        Lock icon UK govt report hits out at delays in new air traffic system
        250 36 Reuters [LONDON) A committee of members of parliament yesterday called for an independent audit into whether Britain should scrap a plan to update its air traffic control system, after repeated delays caused by software problems. The House of
        Reuters  -  250 words
      • Article, Illustration
        Getting ready for rollout in May
        84 36 [SINGAPORE] The installation of the second of two BMW/ Rolls-Royce 8R715 engines during final assembly of the first of three Boeing 717-200 test aircraft, designated T-l. Formerly known as the McDonnell Douglas MD-95, the 100-seat regional twinjet is scheduled for rollout in May. The
        84 words
      • Article
        Lock icon ANA pilots strike for second day
        424 36 Two flights between Rome and airport cancelled Bloomberg (TOKYO) All Nippon Airways Co, Japan's second-larg-est airline, cancelled two flights between Rome and Kansai International Airport in west Japan after its pilots refused to fly international routes for a second day. ANA's eight other international
        Bloomberg  -  424 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1692 36 CITY FLIGHT ETA FLIGHT ETD $0175 «40 S0176 1105 ***** WO V Wl740 SI Hnt«4m KIMS M50 HL838 2300 lu,T- MIM3 1110 ,W4 0735 $0327 0755 $024 2320 ***** 1540 ***** KL837 1455 1 MMM «W Qg WW IBS MM NZ42M 2050 ****** 2045 MiliMni $0977
        1,692 words
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      1101 20 s &lt;*■■■■!■ 9L_ w .JM M Jtttt" mmmwi mnuno OOaWBM IKII N/M «/M l/M IW H/« H/M M/M (SFEmI "Sn VN U/M IV* tT/M M/M X/ 5 S/S OOanOMROM MMI 4 11/ M 11/ M It/M M/M M/M M/M M/M 11/ M 1 1 2® L-2C ooauuromu imu m/m n/M
      1,101 words
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      Page 20 Advertisements Column 2
      536 20 #Mwnd«o»th. \B&gt;My Stngaporv Shipptnfl Awxiitior Send out 48,000 copies of your sailing schedules around Asia. Place an ad in... SHTPPINGTIMES MMIUh IrULbn *****44 MO2OW EXPORT &gt; K Jepow -2K Hwbw •1» Mwh -1 K Kawhluna, K—him IQanpllm KK/NAHA/MNOAI/CBU/ICH nun tm iim |i7J4 1 SIM HM vm mm MM mdig Kxumm
      536 words
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      1015 21 TO EUROPE FROM EUROPE VKSa VOY SM RTM ANR HAM MV SOU FXT LoT VlSSfl VOY IT* AM HAM ItV SOU FXT UN SM NOi CYPtINf 3141 07/04 23/04 25/04 21/04 22/04 HYGMRAI 4111 11/03 14/03 U/0J 11/03 04/04 HYI Aft ON Sl4« of/04 02/0$ 29/04 30/04 27/04 MX ICIS
      1,015 words
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      Page 21 Advertisements Column 2
      1670 21 (g) HANJIN SHIPPING HANJIN SHIFTING m ITS hup //mm. ha* am 100(1 NC *****3S 737 SAIfS 37*0774 731 OMMMI 32*0771 774 OfHATMMS 37M741 757 tUM UK *****5S FAX 777**0 CI NO *****J3000M TO NW USA A CANADA USA CANADA* fotvst voT oam si uNmux/vor m nw wi pci en NSf
      1,670 words
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      Page 21 Advertisements Column 3
      182 21 ORIENT EXPRESS UNES (U.K.) UMITED IIPJ, (MANAGER FOR SHREYAS SHIPPING UMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VtSStl VOY SINGAPORE IQttIAY VISSCI VOY IQWIAY SWCAfOtt KEDAH 014 07/04 14/04 KEDAH 013 22/03 07/04 LEERORT 312 09/04 17/04 LEERORT 311 25/03 09/04 ALBERT BRIDGE 014 11/04 19/04 ALBERT BRIDGE 013 29/03 11/04 NORDKAP
      182 words
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      Page 22 Advertisements Column 1
      1661 22 MR-SENATOR LINES TO UK/CONTINENT TOREDSEA/MEIMTERRANEAN/CANApA voy m lem HTM m ham lonv Irj mm vot mT" an tn fos m.c mtm HANJM tAVANNAM WWII 10 M HOB 808 MM (1M MM PATMOt SENATOM WMOIO 1104 27 MO3 00 00« «00 00 00 10 00 PUNJM SENATOR WNOIO M M 01
      1,661 words
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      Page 22 Advertisements Column 2
      1372 22 LJME yml nt rn t Wib Site http: //www.ymLcom.tw IILI fJMJU/il'MH'H'l HITI TWO wkklyeveryTHUWQAY/lUNOAY VESSEL VOY SIN CM RTM HAM FXT LEH AMR MING GLORY ASI4W 10/04 14AM 02/05 30AM 29AM HUMBER BRIDGE JBI4W 12AM 29AM 01/05 02/05 04/05 MING MOON ABISW 16AM 20AM 08A)5 06/05 05/05 10/05 MING SOUTH
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      Page 22 Advertisements Column 3
      408 22 LINE 9SSf TIL: *****50 PAX; *****13 j MUARA LABUAN j VtSSU VOT ETD IU VtSSR VOT fTD IU SPOM mUJLA SPOtf IBM APttOOfT VOW/98 11/04 14/04 *«*GU*r VOW/W 11/04 IS/04 ipoospb vioi/w 14/041»/04 ipoosph vi&lt;*/» i*/04 20/04 maLQum vut/00 21/04 24/04 vttaotr vm/w 21/04 25/04 J.POOSPB Vlll/00 2S/04 20/04 J.WOSPB
      408 words
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      Page 23 Advertisements Column 1
      1359 23 VWB. VOY I SIM I KUA POU PKQ P€H BLW SUB BA I BIK IRAN VOJOAN PJL 1278 14/04 23/04 MALACCA OLORY PJL 1285 19/04 23/04 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN, UZBEKISTAN, TURKMENISTAN. KIRGISTAN. TAPZHIKISTAN GEORGIA VIA B. ABBAS. BIK AGEWT
      1,359 words
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      Page 23 Advertisements Column 2
      1861 23 SAILING 1 10 SHANGHAI XINGANG j I SINGAPORE'S GBOAL AGBfTS: 6 SHENTON WAY TIL 226 IWO FAX: *****08 OUTWARD (l/l) COSTAR SHIPPING PTE LTD #i7-o« Dts iidg saies/mgs *****41/43 inwaxd dipt (0/0) *****85 COSTAR AGENCIES (M) SDN BND CR NO: **********0* Town TWO (*****0) CONVENTIONAL *****50/55 T/SHPMT DEPT 4205*25 TIL
      1,861 words
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      Page 23 Advertisements Column 3
      596 23 EASTERN CAR UNER, 11D. |E ta (SINGAPORE) Pit LTD 1 SPECIALIZE IH RORO HEAVY UFT UPTO 122 TONS 1 ECL (SINGAPORE) PTE IJD LOADING FOR CHITTAGONG YANGON CHITTAOONG CALCUTTA MV "GOLDEN GUNT" V.3 MV "TERESA PRESTIGE" V.5 ETA SIM 09/04/98 ETA CTG 14/04/98 ETA SIN 10/04/98 ETA CTG 16/04/98 ETAYGN
      596 words
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      Page 24 Advertisements Column 1
      1230 24 BmomMUtoMmmwiiLmmnm SGP ROM ANW HBG THP ZEE LHV LHV THP HDM AKW HBG PKL MP i. DELUXE RW-002 1144 0148 N/05 8240 0445 HM IMS E. REWARD RE-028 15/03 IMB 17/13 IMB 21/03 14AM 12*4 E DELIGHT RW-002 11*4 08/15 20/05 11/06 11*5 1946 2046 E. RIGHT RE-033 20*3 22/03
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      Page 24 Advertisements Column 2
      783 24 Carrier MM COUTH LINES. INC l~(V-/\~ J QRIIOOi 1400H BMU: (BM)31C17B MAMLA: (632)*****24 UV POUMQ: (04) *****3S BANGKOK: (N2) *****07 SURABAYA: (31) 291 WO P. KELANQ: (03) 38KW77 JKTi (21) 6MG107 MDM:|OI) *****1 KUCHNQ (ot2) *****1-3 MANILA GINOA/iAtCILONA MV "ANRO TEMASEK" V 032 MV "NORASIA SINGA" V.9813-3 ETA SIN: 10-4-98
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      Page 24 Advertisements Column 3
      393 24 /£ZI NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vesa I VOT sm I rm I Dm I CPT I r/mt~ NABttl VENUS VO24S 14/04 72/04 24/04 30/05 QVPS gjUIBMjgW Y.004S 21/04 30/04 05/05 Qt/05 mxuiitwcFss mis 30/04 14/05 17/DS MMMjBB V.077S M/ 05 17/05 72/05 24/05 2VOS Mlim
      393 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      555 25 BSA ik Ml MYANMA pBBk FIVE STAR UNE (MyaMiar Notional Lino) Loading far Yangon (Rangoon) VfSSU VOY SIN PKG PIN POU PAGAN 2S4W SU (AGO 10IW 09/04 MALAYSIA AGiNTS: ROUSTIAD SHIPPING AGENCIES KUt TU 02-03-*****00 ML m 02-03-*****01 KN: m 02-04-2A***** PGO: HI 02-07-*****21/4 BANK LINE (A Mrvko of JUdrtw
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      Page 25 Advertisements Column 2
      1229 25 A HYUNDAI MERCHANT MARINE CO. UP. [vissa VOT|SCT)|IiH|RTM|Am[KAM|MY|ftL|S«| HYIAMN 312W 09/04 27/04 02/05 29/04 30/04 O* 3021 14/03 21/03 10/03 19/03 09/04 NOHOUTE 302W 10/04 01/05 02/05 24/04 21/04 NY DIME 31M 10/03 25/03 21/03 24/03 11/04 HYEMPOOR 311W 13/04 29/04 30/04 02/05 toS/05 RMM 304E 27/03 20/03 22/03 24/03
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      Page 25 Advertisements Column 3
      905 25 JHv oorwagon iptookzGd outocomon ©as©® mm mm un£s TO NORTH AND LATIN AMERia RORO HEAYYUFT SERVICE" [VESSEL VOY I RAMP HEIGHT SIN I LAX OtL I MIA I SAV Ml MF I NYC I NEW IMM tampa m 4661 m *.jM ***** "re7srWss~"H7srWsrWsri77sr"H7srW6rWsr TAUBOT FIO9 400 T«n 6.3 M 21/04
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      896 26 »ANQKOK/LA»»i CHAMAMO "1 JAK AWTA/PAM JANQ VESSEL VOY ""siN BKK LCH VESSEL VOY SIN JKT PJN SINO OCEAN OCNQ67 In Pt 11/04 XETHA BHUM 2298 09/04 11/04 BAN! BHUM" 92N In Pt 11/04 12A)4 XETHA BHUM ***** 09/04 11/04 SUP* BHUM 02N 09/04 12/04 OURU BHUM* 738 11/04 14/04 ANAN
      896 words
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      Page 26 Advertisements Column 2
      426 26 BINTANG MAS SHIPPING PTE. LTD. 36 NEIL ROAD, SINGAPORE 0206 TEL: *****68 FAX: *****64 Kml TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI I wmwhi I i nu— i vissa voy sw rru MHI sm mua IStrw V9807E 13-14/04 11/04 «W *190*1112/04 17/04 I Mai *990* 11-19/04 24/04
      426 words
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      Page 26 Advertisements Column 3
      577 26 1 ACCORD A SHIPPING PTE LTD T«.: ***** IS (40 Unaa) PAX: *****30 TORT (LANG j (03) 367 1001 ml M DIRECT ACCESS TEL *****5S (EXPORT ROOKING) MM GUMNG (07)35)\3T7 *****34 (EXPORT DOC), *****99 (IMPORT) FEXMMG (04) *****40 WW URL;HTTP://WWW.ACCORO.COM.SO v MAMJk (11)040 0770 POM m SIN Rotr m SIN
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      351 27 TO EUROPE I ihihihim nmtm nw— VOT t'POftt A'DAM/R'DAM HIUIIG ME MEN ANTWERP VEHEI 43W»Ll5J7fljJ 15/ M IM6 OMIT 23/08 TO AUSTRALIA 1 FULL OOHIAWBII aCWCt ML IWT |MB Tffl HK Mtl ITO I MB. I IMA I &lt;01 IfHE WIiKUmJLA |KMS |mm|»/W|| MiiQEUMA [VMS |«M 4 ItMl I ZM4L«
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      Page 27 Advertisements Column 2
      531 27 if ;i? ADVANCE CONTAINER LINES (PTE) LTD J™ I (incorporated Smgaptxel ,40 CECIL STRtfcT *12-00 HI BUILDING SINGAPORE *****0 TR *****2) FAX *****19 *****96 TELEX RS ***** ACLR. fl I YOUR PARTNER IN LOGISTICS 1 1 NOW CONNECT YOU TO 1 THAILAND'S SOUTHERN PORT OF .^^Ki" JM WEEKLY FIXED-DAY SAIUNG
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      Page 27 Advertisements Column 3
      826 27 vcaaas wy i jed I mla lb&lt; ham tmp wtm "I Vti£DCTAMYA T2JW 10P4 19KM 24AM 30W 01/08 QBHg OPOB 08/08 VB.LE OC TAURUB A2BW 1804 MW 2B*M 09*06 OXOB 08/06 08/08 09*06 jaU££AjQUARK» U2BW 21 AW 29*04 04/08 WO6 11/06 IMB 13/08 14/06 VHtOCAKTAREB L2BW JSSlmm 11/08 17/06 W
      826 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      47 29 To retrieve more schedules, just follow these simple steps... Ste^r^F he document 740-6000^^^P^^ tep be faxed the port your ste P key in the four number digit code Key in your Exampto: i i fax number To NEW YORK (NYC) 2275 for calls within Singapore United States
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1193 32 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 LIME: *****41 /43 JESSIC-A/CEU A/MEICHAN 7 slqs/week [2BSESZH 2 slg/week |VTSSFI VOY ISIN pAK VESSEL VOY SWi PIB SINAR NUSA "997 IN
      1,193 words
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      Page 32 Advertisements Column 2
      595 32 |#n ENG LEE SHIPPING CO PTC LID I I MaA M SMM7S Um*) taxi SJJMJI/JIMW I ttta mHHIMIC I VESSEL VOY SIN ETA SIN ETD MSTINATION Usoho Boru 04/98 07/04 09/04 Btbwn Morco Polo 12 09/98 07/04 09/04 Kuolo lunggol Owi Ooyo 05/98 07/04 08/04 Pwawono/PBorij/Bucton Buono jndoh 04/98 07/04
      595 words
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      Page 32 Advertisements Column 3
      452 32 m FAR EAST 12/04 KEELUNG/KAOHSIUNG 12/04 BANGKOK 13/04 MANILA/CEBU 12/04 JAKARTA/BE LAWAN/SU RABAYA 12/04 PORT KELANG/PENANG/E. MALAYSIA 14/04 BUSAN 12/04 TOKYO/YOKO/KOBE/NGO/OSA 12/04 HONG KONG S!M CHINA 12/04 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU OALIAN/SHANGHAI/XINGANG TIANJIN/OINGOAO/HAIKOU SIM EURQPE/UK 12/04 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIM USA/CANAPA 14/04 LOS ANGELES/NEW YORK all
      452 words
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      Page 32 Advertisements Column 4
      473 32 j. Singapore Soviet Shipping d&Co. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNO PKL FAIRY EAGLE 111N 10/04 16/04 20AM 30/04 TRADE FAST TFS2I7 17/04 25/04 07/06 06/06 KOTARATU RTUOO7 24/04 02/05 13/05 14/05 FAIRY EAGLE 112N 01/05 09/06 20/05 21/05 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA
      473 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1091 33 i ASIA MEDITERRANEAN IXPKESS (AMI)-WiSTBOWH) SUMCtI' I VESSEL VOY I SIN I PIR I GOA I VIC lEH AH I Fg I N. SINGA 9813-3 11 APR 24 APR 2$ APR 28 Affl jg MSC RAFAELA 9814-3 18 APR 01 MAY 03 MAY 05 MAY 08 MAY 09 MAY 10
      1,091 words
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      Page 33 Advertisements Column 2
      1784 33 [YBtt/Wfflff OTH rn m IB Ivbsb/votage sou rn ham ia store Mi hagqya shmmzm Itoryo NYK CASTOR 02WM14 1044 7544 2744 2L04 02.05 OOCLSIKAPOtI OSEAII 1501 17j03 1103 2143 07.04 1104 15.04 OMIT 1444 ftO ML SOUTMAMPIGN 02*1*15 ISM 9245 0105 0105 0*45 MTI PROCYON IKAI2 2143 2103 2443 7*ol
      1,784 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      506 34 IH VESSEL VOY SIN MAA SIN I TIGER ISLAND 617N 05-06,04 10-13.04 18-19,04 tiger BRIDGE 618N 08-09/04 14-15/04 21 2Z04 TIGER BAY 619N 10-1204 16-19/04 24 26/04 TIGER WAVE 620N 14-15/04 20-23/04 28-29/04 I niGER ISLAND 621N 17-19/04 23-2&04 01-03/05 TIGER BRIDGE 622N 21-22/04 27 30/04 05-06/05 I IHVESSE^^^^VO^^SI^^CA^^SI^I TIGER
      506 words
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      Page 34 Advertisements Column 2
      856 34 FREIGHT LINKS EXPRESS Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg CONSOLIDATION THI FOLLOWING PORTS LAIM CHABANG (LCB), CEBU (CEB), ALEXANDRIA (ALT), SHANGHAI (SNA) MALTA (MLA), BUSNOS AIRIS (BUI), SANTOS (SSZ) AND VALPARAISO (VAP) ETPSN rota ETACa IXAAiy EIASMA OA MIA HA VAP TOM HA
      856 words
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      Page 34 Advertisements Column 3
      1057 34 m n IOOCL (Sinoopore) Pte Lid CPS Keooel fa 79 Amm Rm4 #21-04 (S) *****6 Mk 513 #01-178 t empty fa V aMO **********0H M 177 7127 call 3269 ISO .S. *****13 F« 221 3942 fw: 272 7125 1 Cg=i| NOtTN AMKRKJk USA/ CANADA &lt;&gt; AUSTRALIA TO USA sGf I
      1,057 words
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  • Page 35 Miscellaneous
    • Miscellaneous
      Page 35 Miscellaneous Column 1
      120 35 LEGEND: R Thunderstorm Temperature c X\ v Shower Weoth«r _X Wmd direction with speed m knot* ee Rom Cloudy Sky Wov# Serf oce wind* ere indicated by errows which Hy with the wind 0 One Mi circle represents calm or kght and vonotole winds J—* One holt Heche repress 5
      120 words
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