The Business Times, 10 April 1998

Microfilm: NL21181
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA(P) 11(V 12/97 85C SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, APRIL 10,1998
    13 words
  • Article
    MARKET SUMMARY
    58 1 □on UMjH (+20.98) LJ«M2 (+11.82) fIBTOOMP Uuhji (+13.89) wmnwßk EjmB3 (+14.83) STOCK MAUETIMDHSB Hmmtay Chaafe KLSEGOMP C7SJI >11-66 NIKKEI MjHMS —♦MM4 HANO SENG ItH&tS *T2M SET INDEX 444JS 41% JAKARTA COMP —M7 J# ,4» MANILA OOMP dosed TAIPEI WH MNJ1 —-***** seoul cxHip nan—*tm CUBA CHINA B ML78
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  • Article
    FINANCE
    78 1 FOKEX BITES uss at US$ LM0 £(US$/S$ per 1.673 1171 DM 1821 Ol877 yen im i *r MS 3.663 0.436 HK$ 7.741 0206 BAHT OWfl RUPIAH 8.026 0.W St to ICO unMs RUB KATES SINGAPORE* 7.81 KUALA LUMPUR 11.60 JAKARTA 38.00 BANGKOK 14.75 MANILA AM HONGKONG 19.00 TAIPEI &M
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  • Article
    At last Tokyo unveils 4t yen personal tax cuts
    687 1  -  These are part of lOt yen package of 'real' additional economic stimulus From. Anthony Rowley in Tokyo BOWING to intense international pressure, Japanese Prime Minister Ryutaro Hashimoto yesterday agreed to cut personal income taxes by 4 trillion yen (5548.3 billion) in
    687 words
  • Article, Illustration
    Genting unit to pay RM1b for 20% of Star Cruises
    568 1  -  Deal not meant to avoid being asked to bail out ailing M'sian firms: deputy MD From Eddie Toh in Kuala Lumpur RESORTS World Bhd, which is controlled by Malaysian casino king Lim Goh Tong, will use almost one billion Malaysian
    568 words
  • Article, Illustration
    Lock icon Anwar clarifies changes on bumiputra ownership rules
    911 1  -  Decision allowing foreign ownership of llalay firms is permanent By Yang Razali Kassim [SINGAPORE] Malaysia's decision to allow bumiputra (or indigenous Malay) companies to be owned by nonbumiputras and foreigners will be permanent, but the long-term goal of ensuring that Malays own 30
    ARTHUR LEE  -  911 words
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      121 1 IMBUIttS Vehicle certificates of entitlement for May rose across the board. The increases, ranging ftr>m about 3% to 22%, were less steep than in the April tender, which saw a rebound of up to 35%, I*2 ,•.>"% u hy j *>«"> Chrysler earned a record US$l.O6 billion in its first
      121 words
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      59 1 Done deal for Indonesia JAKARTA and the IMF have agreed on a comprehensive package of 117 reform measures, of which 46 have been implemented, sources who saw the memorandum of understanding said yesterday. The measures will include a framework to resolve the US$74 billion in private foreign debt and commitments
      59 words
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      61 1 Lewinsky, who? Who cares about Linda Tripp? The American people are pretty solid, they're pretty savvy, and they know what* s important. Thafs why they're not screaming and yelling about Bill Clinton and some of these females. Ann Landers, newspaper columnist and arbiter of Middle American social mores, on how
      61 words
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      163 1 RHB-Stme Bank merger details anytime now, Pg 8 Automatic Chronometer in 316 L steel, by Mauboussin. SS 5,380. MAUBOUSSIN since iS 2 7 EXCLUSIVELY AVAILABLE AT: MAUBOUSSIN BOUTIQUE #01-19 A NGEE ANN CITY 3918 ORCHARD ROAD SINGAPORE *****4. TEL (65) 735 1272 ROY EASTERN WATCH #01-86/88 8c #01-74 LUCXY PLAZA
      163 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      May COEs rise across the board by 3% to 22%
      454 2  -  Demand slowing slightly but more young execs looking to upgrade: dealer By\ David Boey VEHICLE certificates of entitlement for May rose across the board, with premiums climbing by between $152 and $6,776, the latest tender results show. In percentage terms,
      454 words
    • Article, Illustration
      Lock icon Price war among goldsmiths sends popular grade to 20-year low
      439 2  -  Smaller players face closure if level is maintained: retailer By' Teh Hooi Ling A PRICE war has broken out among gold retailers. In their bid to fight the retail slump, goldsmiths in Singapore have slashed the price of 916 gold
      FILE PHOTO  -  439 words
    • Article
      NTUC to get down to 'nitty-gritty' of boosting productivity
      281 2 THE National Trades Union Congress (NTUC) wants to take the existing national-lev-el tripartite co-operation down to employers at the company level to emphasise concrete, mutual benefits in the partnership. "We want to get down to the nitty-gritty of improving the competitiveness
      281 words
    • Article, Illustration
      Car sharing scheme at two condo projects
      368 2  -  By, Jenny Lam NTUC Income has tied up with Far East Organization (FEO) and Pidemco Land to introduce a car sharing scheme at selected projects built by the two developers. The scheme will be implemented at FEO's Villa Marina condominium, which is under
      368 words
    • Article, Illustration
      Lock icon Fall in executive turnover
      296 2  -  EYE ON THE ECONOMY Labour By. Audrey Tan STAFF turnover rates fell among executives in many industries last year, compared to peak levels reached in 1996. The latest quarterly recruitment survey by Remuneration Data Specialists (RDS), a local firm, found a significant drop in executive staff
      Source: RDS  -  296 words
    • Article
      Corrections and clarifications
      49 2 IN our report on Wednesday, headlined "Shopping malls face growing pressure for steep rental cuts", we said that Capitol Optical received a 20 per cent discount off rental rates from Wisma Atria. Wisma Atria has clarified that it has not given any discount to Capitol Optical.
      49 words
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      9 2 T 1 I >}^uanhey^i.obao 1 tsa «®HIiP» RS#s£ 7
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      92 2 WHHADgERjNa w oCkrfv>mdMMC and discovered that ours ore prebcttyoneofthemastspooous yo»lgtfarSsn9*! fc make it an even better offer, we compammi i wwi. Webme Drink Coffee/ho making fodtas 0 24 Hours Ww» video Personol Safe Newspaper Swimming Pool usage Subject to 10% service dage, 1% cess GST And remember. All these happen
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      13 2 Visit The Straits Classified to start your holidays on I the right foot.
      13 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon Regional currencies swing with yen movements
      332 3  -  By] Larry Wee [SINGAPORE] Yen gyrations held sway yesterday, first jerking regional currencies up through key levels, then pulling most back down again by the end of Asian trading. The Japanese currency first strengthened to 131.40 (or 3 per cent better than last Friday's
      Source: Dow Jones  -  332 words
    • Article
      Lock icon Thai state utility workers plan protest
      170 3 AFP [BANGKOK] Workers from Thailand's state-owned electricity monopoly are planning a massive rally to protest against government plans to privatise the company, union organisers said yesterday. An Electricity Generating Authority of Thailand (EGAT) union official said the rally was planned for April 20, and
      AFP  -  170 words
    • Article
      Thailand to launch US$1b global bond issue mid-year
      634 3  -  Govt to pass package of laws to ease liquidity and lower interest rates From. Harish Mehta in Bangkok THAILAND is re-entering the international debt market, despite its junk bond status, and plans to launch a US$l billion (Ssl.6 billion) global bond issue
      634 words
    • Article
      Lock icon Korea bonds' success signals confidence in Asia
      407 3 USs4b global bonds substantially oversubscribed Bloomberg, AFP [LONDON] South Korea's smash-hit US$4 billion (556.3 billion) global bond sale is evidence investors are confident Asia is recovering from its economic crisis and are willing to resume lending to borrowers from the region. Investors, who
      Bloomberg,; AFP  -  407 words
    • Article, Illustration
      Lock icon Jakarta agrees on package of 117 IMF reform measures
      427 3 Target dates set to implement all key points, say sources Reuters [JAKARTA] Indonesia has agreed with the International Monetary Fund on a comprehensive package of 117 reform measures to revive its battered economy, with precise dates to implement all key points,
      Reuters; REUTERS  -  427 words
    • Article
      Lock icon Indonesia tightening monetary policy
      294 3 Central bank to ensnre rnpiah is at appropriate level Reuters [JAKARTA] Indonesia said yesterday it was tightening monetary policy to bring the rupiah exchange rate to a more appropriate level and reduce inflation. It also said that within the month, (central) Bank Indonesia would adjust net
      Reuters  -  294 words
    • Article, Illustration
      Lock icon Getting students to toe the line
      74 3 [BANDUNG] Indonesian anti-riot police blocking hundreds of students of the prestigious Bandung Institute of Technology yesterday to prevent them from leaving the campus compound during an antigovernment protest in this west Java city. Students have staged protests in campuses across the country, demanding political
      REUTERS  -  74 words
    • Article
      Lock icon Taiwan has first quarterly trade deficit in 17 years
      396 3 Impact of regional woes starts to show in USs7om shortfall AFP [TAIPEI] Taiwan suffered its first quarterly trade deficit for 17 years in the three months to March, data showed yesterday in the first sign the Asian downturn had begun to
      AFP  -  396 words
    • Article
      Foreign lenders also to blame for crisis, govts told
      414 3  -  Institute of Intl Finance proposes preventive measures From. Anthony Rowley in Tokyo THE Institute of International Finance has admitted that foreign lenders and investors contributed significantly to the Asian financial crisis in a submission sent to officials from governments and multilateral
      414 words
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  • REGION
    • Article
      Lock icon Investments still flowing in, says Rafidah
      183 4 SHAHALAM Bernama THE Malaysian manufacturing sector continues to witness an inflow of investments, including foreign investments, especially for technology and capital intensive projects, said International Trade and Industry Minister Rafidah Aziz. She said 155 projects with a proposed investment of 7.64 billion Malaysian ringgit
      Bernama  -  183 words
    • Article
      Lock icon Malaysia shrugs off threat of US sanctions
      444 4 KUALA LUMPUR US may act against Petronas over USs2b Iran venture Reuters MALAYSIA shrugged off the threat of US sanctions yesterday and said its state oil company and other firms would continue to invest in Iran and Libya. The foreign ministry issued a
      Reuters  -  444 words
    • Article
      Thai bankers' group gets tough-talking chief
      201 4  -  From Harish Mehta in Bangkok TOUGH-TALKING banker Banthoon Lamsam, president of Thai Farmers Bank, has been elected chairman of the prestigious Thai Bankers' Association (TBA) after another front-runner dropped out of the race. TBA officials said Mr Banthoon was elected in a vote by
      201 words
    • Article
      Lock icon Selangor water rationing extended by two weeks; more areas affected
      435 4 KUALA LUMPUR Hang Gates and other dams may ran out of water in 35 days Samy Velln AFP MALAYSIA has extended water rationing for another two weeks affecting some 600,000 people in Selangor state as water in dams fell to
      AFP  -  435 words
    • Article, Illustration
      Lock icon Presidential rivals reject Ramos' plea to unite
      293 4 MANILA AFP RIVALS in the Philippine presidential election have rejected calls from the ruling party to unite behind its candidate in a bid to overtake poll favourite Joseph Estrada, reports said yesterday. President Fidel Ramos has urged stragglers in the presidential race to
      AFP  -  293 words
    • Article
      Lock icon Indon lecturers protest over 2 missing activists
      267 4 JAKARTA Armed forces deny responsibility, will investigate cases Reuters SIXTEEN Indonesian university lecturers said yesterday they had stopped teaching in protest against the disappearance of two student activists. Student sources said the two had gone missing in the East Java capital of Surabaya
      Reuters  -  267 words
    • Article, Illustration
      Lock icon In Christ's footsteps
      45 4 [MANILA] Philippine archbishop Cardinal Jaime Sin kissing the foot of a lay minister in a Manila Cathedral church yesterday. The ceremony was to re-enact Jesus Christ's washing of his disciples 'feet as the predominantly Roman Catholic country prepares to celebrate Easter. REUTERS
      REUTERS  -  45 words
    • Article
      Lock icon China seeks WTO reward for sacrifices during Asia crisis
      624 5 GENEVA It cites pledge not to dev&lae yuan; latest entry talks end with little headway Reuters CHINA urged on Wednesday that it be rewarded in its 11year bid to join the World Trade Organisation (WTO) for its sacrifices during Asia's months-long
      Reuters  -  624 words
    • Article, Illustration
      Lock icon Aussie govt rejects changes to land rights bill
      462 5 CANBERRA Move paves way for snap polls likely to become race-baaed Reuters THE Australian government yesterday voted down amendments to its Aboriginal land rights reforms, moving the country towards an election likely to be dominated by race Issues. The government-con-trolled House of
      Reuters; REUTERS  -  462 words
    • ASIA Notes
      • Article
        Lock icon Nominations for HK elections open
        97 5 AFP [HONGKONG] Nominations for candidates in Hongkong's first legislative elections under Chinese rule opened yesterday, as a public poll showed there was overwhelming support for the prodemocracy camp. Buoyed by the opinion poU published on the front page of the South China Morning Post, pro-democracy
        AFP  -  97 words
      • Article
        Lock icon Low-budget China, tours for S-E Asians
        105 5 Reuters [BEIJING] Chin* plans to offer low-budget tourist packages to visitors from South-east Asia to make up for a slump In travel from the troubled region, the China Daily reported yesterday. Yang Wenihen, an official with the National Tourism Administration, was quoted as saying
        Reuters  -  105 words
      • Article
        Lock icon Hanson fails to deter foreign students
        93 5 AFP [CANBERRA] Inflammatory comments made by anti-Asia MP Pauline Hanson have had no effect on overseas student enrolments and particularly those from Asia, new research claimed yesterday. The survey by the Centre for Population and Urban Reeearch In Melbourne said the growth rate for
        AFP  -  93 words
    • Article
      Lock icon Sale of Air Lanka stake sparks demands to discipline officials
      473 5 COLOMBO AFP LAWMAKERS yesterday called for disciplinary action against Sri Lanka's top privatisation officials over the controversial sale of a stake in the national airline to Emirates of Dubai. Legislators In a public accounts panel questioned the two top officials
      AFP  -  473 words
    • Article
      Lock icon Growth rate for Japan machine tool orders at 3.5-year low
      421 5 TOKYO Bloomberg JAPANESE machine tool makers saw orders grow at their slowest rate In three-and-a-half years In February as vehicle, electronics and machinery makers trimmed capital spending plans, Industry figures showed. Orders for machine tools received by Japanese companies rose
      Bloomberg  -  421 words
    • Article
      Lock icon Levi to return to China after 5-yr absence
      182 5 HONGKONG AFP US CLOTHING manufacturer Levi Strauss and Co has decided to return to China after a self-imposed five-year absence, a company official said here yesterday. But the company known for its famous denim jeans has not yet set a date to
      AFP  -  182 words
    • Article
      Lock icon Two China oil giants hope to join list of top 500 companies
      264 5 BEIJING AFP TWO major Chinese conglomerates have their sights set on Joining the ranks of the world's 500 largest companies later this year, as planned mergers boost their size, according to official reports yesterday. The two petroleum giants
      AFP  -  264 words
    • Article, Illustration
      Lock icon South Korean union threatens nation-wide strike
      275 5 SEOUL Bloomberg A MILITANT South Korean labour union threatened a na-tion-wide strike next month unless the government doubles the funds set aside for the jobless and cracks down on illegal dismissals. A strike by the 560,000member Korean Confederation of Trade Unions, the second largest
      Bloomberg; FILE PHOTO  -  275 words
    • Article
      Lock icon Managers of HK paper deny charges of inflating sales figures
      229 5 HONGKONG AFP THREE senior executives of a Hongkong newspaper appeared in court yesterday on charges they fraudulently boosted the daily's circulation figures. The three executives of the English-language Hong Kong Standard, general manager Henrietta So, financial manager Tang Cheong-shing and
      AFP  -  229 words
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      101 4 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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      14 4 3; *9zUt m Tanglin Mall, every third Saturday of the month, spm -11pm |cat.s.|
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  • THE WORLD
    • Article
      Lock icon US producer price index down 0.3% in March
      402 6 WASHINGTON Overall prices falling at fastest pace in 5 years; inflation kept well in check Bloomberg PRICES paid to US factories, farmers and other producers fell a larger than expected 0.3 per cent in March, the fifth consecutive decline and evidence inflation
      Bloomberg  -  402 words
    • Article, Illustration
      Lock icon How Eppie and her readers survived the Clinton scandals
      771 6  -  CaMMHMTASY >mnriMii« mw wmita fargliHwg J mflPft mmwa »y« mlnmnl«t By Frank Rich NYT SHE was speaking of Chicago, the hometown she loves, but she could have been pinpointing her own spot on the cultural map. As Ann Landers, Eppie Lederer
      NYT  -  771 words
    • Article
      Lock icon Bank of England holds base rate at 7.25%; sterling slips
      396 6 LONDON AFP THE Bank of England decided yesterday to leave the British base rate unchanged at 7.25 per cent in a move hailed by industry as the first step to taking the heat out of the strong pound. The decision,
      AFP  -  396 words
    • Article
      Lock icon 107 pilgrims killed in stampede near Mecca
      219 6 RIYADH AFP MORE than 100 Muslim pilgrims were killed yesterday in a stampede during a religious ceremony in Mina near the holy city of Mecca, the official Saudi news agency SPA reported. The stampede in Mina, 10 km from Mecca, occurred during a
      AFP  -  219 words
    • Article, Illustration
      Lock icon Pulling strings
      67 6 MOSCOW] A puppeteer makingfinal adjustments to a newly-made puppet of Russia's Acting Prime Minister Sergei Kiriyenko (right) and a likeness of President Boris Yeltsin during filming of a television programme on Wednesday. The popular programme, named Kukly, means "The Puppets". Mr Yeltsin seemed resigned on Wednesday to failing
      REUTERS  -  67 words
    • Article
      Lock icon World court asks US to halt execution of Paraguayan
      235 6 THE HAGUE AFP THE world's top court yesterday called on the United States to halt the execution of a Paraguayan murderer, taking the controversial step of going against a national appeals court. It was believed to be the first time the
      AFP  -  235 words
    • Article, Illustration
      Things fall apart, plants fade away
      833 6  -  HUKOFBAX TIHW Chaos comes variedly from a cyber bug, plant extinction, terrorists and strikes By Kevin Sullivan I'M worried about all these plants dying. It's the sort of thing which creeps into the general consciousness and before you know it the future of civilised
      833 words
    • Article
      Lock icon Deutsche economist sees stocks crashing 10%
      390 6 BERLIN AFP A BOOM in Western stock markets has created a "real danger" that prices could crash, the chief economist at Deutsche Bank, Norbert Walter, warned yesterday. "The danger of a crash is real... I expect stock markets to fall by about 10 per
      AFP  -  390 words
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      94 words
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      632 7 TV&RAPIO .rm cial III: Daffy Duck's 2J5 MTV's Mandarin Top Easter Egg-Citement. 20 Countdown. 9.00 AM Holiday Special: ilqq Holiday Special I: The 4.00 TV Innovations. It's Dog's Work (See 4th Annual Screen Ac- MHH Our Choice). tors Guild Awards 10.00 Holiday Special: In The (Award Show). 9.00 AM Klab
      632 words
    • Miscellaneous
      Page 7 Miscellaneous Column 2
      241 7 CRYPTIC CROSSWORD 8 A protective surface can be inapt LmJ L|J MB 10 Many people see right 11 Tries to catch crooks (6) LmJ—L^— -LhJ 12 Enchanting creature gaining a little experience (4) "1^ 13 No tea given, oddly enough 15 Looking for a fixer around Ireland (7) 20 The
      241 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Asian investors in Wall Street fear Dow correction
      413 8  -  Losses at home make them more wary than Americans as Dow nears 9,000 By\ Siow Li Sen [SINGAPORE] Asian investors of American stocks have made a bundle but they are getting increasingly worried about their gains as the DowJones Industrial Average flirts
      FILE PHOTO  -  413 words
    • Article
      Malakoff to buy MRCB unit for RM422m
      462 8  -  Sale of power plant operator will ease MRCB's debt burden By: Meera Tharmaratnam in Kuala Lumpur INDEPENDENT power producer Malakoff Bhd has agreed to buy a power plant operator majority-owned by parent Malaysian Resources Corporation Bhd for 421.5 million Malaysian ringgit (*****.6 million).
      462 words
    • Article
      M'sian bankers stress need for Bank Negara to get tougher
      1012 8  -  HOCK LOCK SIEW Meera Tharmaratnam SO Malaysia's regulators have been getting tough with bankers. In measures taken over a fortnight ago that were generally welcomed by banking officials, the central bank raised banks' provisioning levels funds set aside against possible
      1,012 words
    • Article
      RHB-Sime Bank merger details anytime now: Anwar
      252 8  -  He denies market talk that deal has nut into problems Wong Wei Kong {SINGAPORE] Malaysian Finance Minister Anwar Ibrahim yesterday dispelled speculation that plans to merge RHB Bank with Sime Bank may have stalled and said details of the merger will be announced
      252 words
    • Article
      Lock icon We're not responsible for Wembley liabilities: Ekran
      154 8 Reuters [KUALA LUMPUR] Malaysian construction group Ekran Bhd said yesterday it is not responsible for any of the obligations of the collapsed Wembley Industries Holdings Bhd, the national Bernama news agency reported. "As Wembley is a distinct separate legal entity, Ekran shall not
      Reuters  -  154 words
    • Article
      Lock icon No serious talks with SIA unit: ST Engg
      171 8 AFX-Asia [SINGAPORE] ST Engineering Ltd said yesterday it has not held any "serious discussion" on a possible alliance with SIA Engineering, a unit of Singapore Airlines Ltd. A senior official, who asked not to be named, said ST Engineering would be keen
      AFX-Asia  -  171 words
    • COMPANIES
      • Article
        Lock icon Chrysler's Q1 earnings rise 2.2% to record US$1.05b
        425 9 Bottom line boosted by strong sales of new vehicles, lower taxes Bloomberg [AUBURN HILLS, Michigan] Chrysler Corp's first-quarter earnings rose 2.2 per cent, topping analysts' estimates, as strong sales of new vehicles and lower taxes helped it overcome a jump in spending
        Bloomberg  -  425 words
      • Article
        Lock icon Toshiba plans to boost LCD output by up to 30%
        334 9 Firm plans to pick up slack as Korean supply falters Bloomberg [NEW YORK] Toshiba is considering boosting monthly production of LCDs by as much as 20 or 30 per cent at a joint venture factory with International Business Machines Corp
        Bloomberg  -  334 words
      • Article
        Lock icon Jusco profit plunges 68% on ailing economy, forex losses
        483 9 But lL3b yen net still beats forecasts and sends stock np Bloomberg [TOKYO] Jusco Co, a Japanese supermarket chain, reported a 68 per cent drop in group net profit for the year ended Feb 20 because of an ailing economy in
        Bloomberg  -  483 words
      • Article
        Lock icon Amex board backs NASD merger terms
        607 9 Members to vote soon; two-thirds approval needed Bloomberg [NEW YORK] The American Stock Exchange's (Amex) board on Wednesday approved the final terms of its agreement to be acquired by the National Association of Securities Dealers (NASD), clearing the way for exchange members to vote
        Bloomberg  -  607 words
      • COMPANY Briefs
        • Article
          New deputy chairman for ST Aero
          64 9 [SINGAPORE] Singapore Technologies Engineering yesterday announced that its president and CEO Boon Swan Foo will become deputy chairman of Singapore Technologies Aerospace (ST Aero) from April 15, taking over from Lim Chin Beng, who will be its chairman on the same date. With this
          64 words
        • Article
          Nod for Linde-Jacob private placement
          84 9 [SINGAPORE] Lindeteves-Jacoberg has in-principle approval from the Stock Exchange of Singapore to list 14.8 million new shares of 20 cents each on Sesdaq. The company proposed a private placement of the shares at $1.57 a share to raise $22.7 million. The money will be used
          84 words
        • Article
          Pac-Line under liquidation
          58 9 [SINGAPORE] Pacific Carriers yesterday announced that its Panama-incorporated associate company Pac-Line SA has been put under liquidation under an English Court order. Pac Carriers started liquidation proceedings following Pac-Line SA's failure to settle outstanding charter hire of about US$l.9 million (Ss3 million), for which Pac Carriers got
          58 words
        • Article
          Lock icon Bepco, KPC suspensions extended
          30 9 Reuters [KUALA LUMPUR] Shares of gaming company Repco Holdings Bhd and fast-food restaurant chain KFC Holdings Bhd will remain suspended for another eight market days. —Reuters
          Reuters  -  30 words
        • Article
          Lock icon 2 Indon banks in talks with investors
          31 9 Bloomberg [JAKARTA] Indonesia's PT Bank Blra and PT Bank NISP are both in talks with possible foreign investors, the Jakarta Post newspaper said yesterday.—Bloomberg
          Bloomberg  -  31 words
      • Article
        Lock icon Lloyd's List publisher gives details of its London float
        332 9 Reuters [LONDON] The publisher of Britain's venerable Lloyd's List shipping newspaper yesterday charted the course for its maiden voyage next week on the London Stock Exchange. LLP Group pic, whose flagship paper was first published in 1734, said it would float
        Reuters  -  332 words
      • Article, Illustration
        Lock icon Hutchison 'cheques' into Israel
        73 9 [JERUSALEM] Prime Minister Benjamin Netanyahu (left) shaking hands on Wednesday with Khoo Chek Ngee of the Hutchison group from Hongkong, who handed the Israeli leader a cheque for 1,407,804,0005heke1s (SS622.6million) for the licence to operate Israel's third cellular telephone network. A consortium grouping Hutchison and two
        AFP  -  73 words
      • Article
        Lock icon Nintendo: 160b yen pre-tax profit beats forecast by 26%
        275 9 Company cites strong US, Europe sales of Nintendo 64 Bloomberg [TOKYO] Nintendo Co, one of the world's largest makers of video-game players, said group pre-tax profit for the year ended March 31 was about 160 billion yen (Ssl.9 billion), 26 per
        Bloomberg  -  275 words
      • Article
        Lock icon Polaroid Q1 loss 5 times more than expected
        173 9 Bloomberg (CAMBRIDGE, Massachusetts) Polaroid Corp's firstquarter loss was almost five times more than expected as sales plunged when US and European retailers reduced inventory faster than the company anticipated. The maker of instant photographic equipment had a loss of US$l7.4 million (5527.8
        Bloomberg  -  173 words
      • Article
        Lock icon Microsoft, 3Com settle row over 'PalmPC' name
        443 9 Tom 'Palm-size PC will be used by Microsoft instead Bloomberg [SANTA CLARA, California! 3Com Corp and Microsoft have resolved their dispute over Microsoft's use of the name "PalmPC" for small hand-held computers that are expected to begin shipping next month. 3Com sued Microsoft
        Bloomberg  -  443 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon European banks redraw map as EMU looms
        430 10 Slew of mergers, acquisitions; race on too for lucrative niche markets Reuters [FRANKFURT] Europe's banking sector is facing a splitting housekeeping headache in the shape of the European Monetary Union, but the approach of the single currency Is also spurring more fundamental structural
        Reuters  -  430 words
      • Article
        Lock icon Malaysia's Binariang plans to sell bonds and equity to raise cash
        420 10 Bloomberg [KUALA LUMPUR] Malaysia's Binariang Sdn Bhd may sell bonds overseas as well as a minority stake in its cellu-lar-phone and satellite television businesses to raise cash for its expansion plans, said its chief operating officer Jamaludin Ibrahim. The
        Bloomberg  -  420 words
      • Article, Illustration
        Lock icon Gold galore in China
        49 10 [BEIJING] A Chinese salesgirl helping a customer choose a gold necklace in Beijing yesterday. China's gold output in thefirst quarter hit 34.5 tonnes, up 36.3 per cent from last year. Production was raised ahead of a reduction in the state purchase price in February. REUTERS
        REUTERS  -  49 words
      • Article
        Lock icon Thailand plans to rethink Inro membership
        247 10 Reuters [BANGKOK] Thailand plans to review its membership in the International Natural Rubber Organisation (Inro), a senior agriculture ministry official said yesterday. This followed Thailand's failure to convince Inro to amend its market intervention rules to let the organisation buy rubber at higher prices,
        Reuters  -  247 words
      • Article
        Lock icon Don't overdramatise problem: Swiss millennium-bug buster
        378 10 Concern genuine but real issue is mobilising expertise Reuters [BASLE, Switzerland] The chairman of a banking group formed to limit damage from the millennium bug said on Wednesday that it was wrong to overdramatise the possible problems, but they needed to be addressed. "I
        Reuters  -  378 words
      • Article
        Lock icon Japan city banks' loans fall in March
        130 10 Bloomberg [TOKYO] Lending by Japan s city banks fell in March for the first time in five months as financial institutions rushed to write off their bad debts before the March 31 end of the fiscal year, the Federation of Bankers Associations said
        Bloomberg  -  130 words
      • Article
        Lock icon Euroyen firmer as rates are left alone
        208 10 SIMEX Report Reuters [SINGAPORE] Simex June Euroyen contracts were slightly firmer in the late afternoon session yesterday after a key Bank of Japan's policy making board decided to leave monetary policy unchanged. News the Japanese government planned a 10 trillion yen (*****.6 billion)
        Reuters  -  208 words
      • Article
        Futures tumble on earnings concerns
        171 10  -  MSCI TAIWAN FUTURES Charlie Kuo Charlie Kuo, service dealer. Refco Singapore Pte Ltd. [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract tumbled on concern that the earnings of the electronics sector wiU not match the gains in their share prices. The electronics subindex had
        171 words
      • Article
        Lock icon Oil up as Venezuela cuts crude contracts
        266 10 ENERGY REPORT Reuters [LONDON] World oil markets gained ground yesterday after major producer Venezuela said it would not honour some oil contracts as part of output cuts required under a global price rescue agreement. North Sea benchmark Brent crude was trading 17 cents
        Reuters  -  266 words
      • Article
        Lock icon CURRENCY REPORT
        287 10 Bloomberg AFP THE dollar rose against the yen amid doubts tax cuts of more than 4 trillion yen (5548.2 billion) announced by Japan's Prime Minister Ryutaro Hashimoto will be enough to keep the economy out of recession. Mr Hashimoto also said the government may increase public spending by
        Bloomberg; AFP  -  287 words
      • Article, Illustration
        Untitled
        1148 10 CTTHEBAMK OOSS EATB8 4$ C$ to* ECU Pfr Nplrti Twl— m M2$ Pit ti Pw s$ 8M i»imw 9m* MMl 0«37 4J78 0205 4.024 L200 1106 26.082 ***** 0271 9.142 2.40 U80»*****035 1053 1323 0.999 0294 OiBP CM* 1047 5234 0.445 4292 1280 1444 ***** 54.399 0.929 9.751 2-574 1240
        1,148 words
    • Article
      COMMODITY PRICES
      1701 11 SICOM POTO*™ Apr 9 IWKI atfvwcMMatw* UPm) 8SS1 CONTRACTS cMti/kq) OaM VMm OpM MMtfc INH» law Sett (towaas) latarart May 98 115.75 18.75 116.50 200 2250 JM98 H8.25 117.75 1W.25 200 3250 Jal98 W.75 *45 A«fM 123.25 1665 Sap 98 125.00 1665 Oct/Dec 98 130.25 127.50 129.50 1275
      1,701 words
    • Article
      WORLD STOCK MARKETS
      2239 11 Indflstr^ls »l hatl 31 Croup 605.000 3.000 AB Ports 355.000 4.000 Afibey National 1203.000 10.000 Allied Domecq 630.000 10.000 Amc 160.000 -1.000 AkJj Group 215.000 5.000 BAT Ind 560.000 7.600 B6PIC 299.600 -0.400 BtCC 145.000 -0.400 BOC Group 914.400 4.400 BR Petroleum 880.000 6.000 BTR 206.200 11.800
      2,239 words
    • Article
      Lock icon TOKYO
      1631 11 Bloomberg QNikka22s +ICOQ4 JAPANESE stocks rose for a fourth day, led by retailers, on a report Prime Minister Ryutaro Hashimoto may announce 4 trillion yen (5548.2 billion) in tax cuts at a press conference later yesterday. Mr Hashimoto and ruling party officials are hammering out details of a plan
      Bloomberg  -  1,631 words
    • Article, Illustration
      Lock icon HONGKONG
      1485 12 AFP PlHangSeng +27.56 SHARE prices reversed earlier losses and posted a 0.2 per cent gain in pre-holiday trading here yesterday following gains on the Tokyo market, dealers said. "The gain on the Tokyo market has pushed the market up," on selective buying of blue-chip stocks, said Howard Gorges, vice-president
      AFP  -  1,485 words
    • Article, Illustration
      Lock icon CHINA
      567 12 Reuters, AFP FlShanfaepß Index *0.77 SHENZHEN'S hard currency B Share Index ended higher yesterday on a technical rebound following heavy losses on Wednesday, analysts said. But most investors remained on the sidelines ahead of a market holiday, they said. The Shenzhen Stock Exchange has said there would be no
      Reuters,; AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  567 words
    • Article
      Lock icon TAIPEI
      347 12 AFP OWPMn -173J3 TAIWAN stocks fell 1.9 per cent yesterday on negative leads from domestic and overseas markets, brokers said. Analysts said just-re-leased data for JanuaryMarch signalling a trade deficit this year and possible negative second-quarter corporate results In the technology sector dampened sentiment. The Island suffered the first
      AFP  -  347 words
    • Article, Illustration
      Lock icon BANGKOK
      777 12 AFP P SET Into -OJ THAI stocks closed barely lower yesterday as buyers slipped Into a holiday mood and others decided to cash In interest-rate sensitive stocks, analysts said. Analysts said investors were stuck between a lack of fresh developments in the domestic market and an uncertain regional outlook.
      AFP  -  777 words
    • Article, Illustration
      Lock icon JAKARTA
      649 12 AFP kl Composite Index -2.46 INDONESIAN shares closed 0.5 per cent lower yesterday as most investors held off until the Indonesian government signs a revised agreemeift with the International Monetary Fund, dealers said. "The market is waiting for the signing of the deal," said a dealer with a local
      AFP  -  649 words
    • Article
      Lock icon SEOUL
      410 12 AFP Q Composite Index ♦UJBB SHARE prices closed 2.8 per cent up on the Korea Stock Exchange yesterday, bolstered by revived foreign buying and reports from New York of the success of Seoul's global bond offering, dealers said. Dealers said the yen's rebound and new government steps to ease
      AFP  -  410 words
    • Article
      Lock icon SYDNEY
      586 12 AFP PlinOrilMritf -7.7 AUSTRALIAN share prices slipped 0.3 per cent yesterday, following Wall Street lower in a quiet half-day session ahead of the four-day Easter break. The All Ordinaries Index fell 7.7 points to 2,805.8. The All Industrials Index eased 13.9 points to 4,837.9 while the All Resources sector
      AFP  -  586 words
    • Article
      Lock icon WELLINGTON
      257 12 AFP *1137 SHARES closed up 0.6 pel* cent yesterday in a tradingshortened week with Telecom Corp firmly in the spotlight. The NZSE-40 Index was up 13.37 points to 2,305.52 on heavy turnover of NZ$164.1 million, Just over 100 million of it in Telecom trades. Telecom closed 13 cents up
      AFP  -  257 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8661 13 MBVSTMALS Commmt products 1998 Last Vol Day Net Cap High Low Company Sola 000 High Low Pit $W 310 180 A|tnomoto 275 15.2 1H.5 148 73 Angkasa 90 -2.5 45 95 90 2.1 132.7 290 123 Apollo Food Hlg 192 unch 29 194 192 5.6 76.8 388 190 BerjayaLand 372
        8,661 words
      • Article, Illustration
        Shares rebound, aided by firmer rupiah
        379 13 Jj Composite Index *1165 MALAYSIA'S key stock index ended 1.8 per cent higher yesterday on a technical rebound aided by the strengthening of the Indonesian rupiah. "The technical rebound was expected as most regional bourses performed well. We are catching up with them." an
        379 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3579 14 BOMBS. LOANS iVAMAMTS 'MMHi 1998 Last Val Day Laat Qwlt A»J Hm» Law >tiw Campany W« *ar- C000) High Law Buyar 5aBar rtc 23.5 9 m 3000 m AMDS cS.5%*****6 20.5 8 3160 «Acar ******1 US$ -13 13 i? 95 8.5 3164 Acma ******4 —26 »L5 30 26 25 25.5
        3,579 words
      • Article
        Linde-Jacob: shares look better
        182 14  -  WARRANT WATCH By R Sivanithy AFTER collapsing to 55 cents in January,' the stock of engineering firm Linde-teves-Jacoberg has really performed well it stood at $1.62 yesterday. This superb run has largely been due to a decent set of results that some have said are better
        182 words
    • Article
      CLOB INTERNATIONAL
      2303 14 Transaction date Apr 9 MALAYSIAN ""W,* l^y^Wf Or 6r 1998 Last Vol Day Last Oust* Mv Dlv VM Nat M Cap HHO Law Stna Company «a» COOOI High Law Bwyar Ma H Cvr P/t $mM 135 28 m s5000 AJS8 50c 99 *0.5 422 91.5 SS 89 89.5
      2,303 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6393 15 Transaction date Apr 0 j Or Or mm NN Last Vai Day Last Qwt* Mv Dh W M Cap A vg mm» u» Clin) u* COOP) taw swyar m> cw w t*» Ptfcp 43 1XS a 1020 ACC Dynamic «60c... 32.5 -1 206 34
      6,393 words
    • Article
      SESDAQ
      1157 15 Or Or M art IM« Laat VaI Bay UMOvMt Mv M« YM MM Ca» Avg Hlgb L— WW Ciw)i«y *o* COOOI Loot 8wyar »a8ar rw M M Prtca 134 92 2000 AMHMQSSC KM -5 KM 104 103 KM 46 3 113 243 7* a 2049 ASAutalOc 195 *3 290
      1,157 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        192 16 Mm *Uniptoenix 30.299,000 Brilliant 8c 20.923.000 SingTel 15c 17,080.000 •Rmn9BM50c 9,297,000 '(Mupaciflc Bk 7,746,000 UUnlOc 7,081,000 Sanmdera 10c 6,261,000 Easyfcnit HKIOc 5,584,000 Asia Food&Prop 5,420,000 DBS Foreign 4,885,000 awta I DBS Foreign 56J52J11 SkiqTei 15c 46,768,805 0CBC Foreign 23,293,456 CRy Dev 50c *****,992 SU Foreign 21.364,897 SPH 16,772,746 uoe Foreign
        192 words
      • Article, Illustration
        Yen rise, Jakarta-IMF deal help propel market
        629 16  -  mcKKiinr COMMENTARY Property and bank counters attract interest; ELSE in positive territory but discount in futures makes investors cautious By R Sivanithy [SINGAPORE] Continued strength in Japan and signs that after months of waiting, the Indonesian government may finally have reached agreement with
        629 words
      • Article, Illustration
        HOT STOCK
        56 16  -  -by\ Shiv Taneja ST Capita! dosed four cents higher yesterday at $1.09 on i volume of 2.51 million stares, compared with its 10-day traded average of 510,700 shares. Both the daily vtd weekly RSI and Stochastics are very overbought but the weekly MACD chart indicates there is more
        56 words
      • ON THE GRAPEVINE
        • Article
          Die new or pay more later
          64 16 A CASKET company which must remain nameless, is now advertising its wares free of GST. We always thought that akng with death, tax was the only other great certainty. Anyway, when you do get around to shuffling off your mortal coil, seems it's advisable
          64 words
        • Article
          BmMimvJ*
          99 16 THE Spanish Santander group has hired Colin Bamford as managing director for to Asia-Pacific business. Mr Bamford will be responsible for all the existing business operations of Banco Santander and Santander Investment in the region. Prior to Santander, Mr Bamfordwas the senior executive vice-president ofHSBC Americas and before that
          99 words
        • Article
          Bean for private bankers
          118 16 ALTHOUGH the wealth fector has diminished in the region, private bankers have been working even harder than before. "We've never been so busy," is a familiar refrain among them these days. Muchoftheworkisinhandhokiingand realigning of portfolios. But there is also a lot of new money "coming out
          118 words
        • Article
          Titanic undertakings
          165 16 IT was the race against the clock that got the first one into the history books. Now the race is on again—even before the secood one sks sail We're talking about Titanic 2. Prom South Africa came news this week thzt a local company, RMS Titanic Shipping Holidays,
          165 words
        • Article
          Low-taxing way to submit returns
          118 16 w THE Ihr aMhmtttingiiMvwi* tar forms to the Inland Revenue Authority of Singapore (IRAS) is just a few days away— April IS Is the last day. Knowing Singapore taxpayers, most will submit their returns at the last minute, causing a massive overload at Revenue House
          118 words
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      Page 12 Advertisements Column 1
      32 12 Buylnfi or seBtes throosh t 4*2* StfaitS T,me$ Cl8M 8 ♦The Manila market was closed tor a holiday Buy It. Sell It. Find It. Classified, CATS. Call Today For Results Toniorrow. 1800-737-1166
      32 words
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      Page 15 Advertisements Column 1
      33 15 I'd like to place an\ I A buyer /i love this car\ I J I that I found > VrCK)m Buyinfi or selling throuah StraitS T meS Classified PlaV 0» Call CAT.S. at 1800-737-1166.
      33 words
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      Page 16 Advertisements Column 1
      288 16 BUSINESS Notices IN THE MATTER OT THE COMPANIES ACT, CAP. 58 AND IN THE MATTES OP YUNGHO BEAN CUED PTE LTD NOTICE Or SPECIAL RESOLUTION (PURSUANT TO SECTION 2980 Xb) At an Extraordinary General Meeting of the Company held at 203 A Lavender Street, Singapore *****3 on 3 April 1998
      288 words
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      Page 16 Advertisements Column 2
      34 16 To advertise call toll-free 1800-741 1883 Run a special feature on your Grand Opening r— 4 l run a travel agency. PK|HI Classified is the Rpassport to my success. Call Today For Results Tomorrow.
      34 words
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      Page 16 Advertisements Column 3
      173 16 I How to reach the most important people in the office. They are some of the most important people in your company. They run the operations and administration of the office. They also read The Straits Times and The New Paper. Tell them about your company's benefits, growth and development
      173 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      300 17 BRidge News ATTENTION again focused on South American Panamaxes with trading buoyant as charterers were eager to fix before the Easter break, brokers said. Improved rates continued to surface with several vessels fixed to the Far East and to north-west Europe following an increase in inquiry, with charterers
      BRidge News  -  300 words
    • Article
      MARITIME STOCKS
      228 17 arr«hu>MH—_ aoo S»ci» W CkuwHup 0.50 <0.01 21 Cok* Investment ..031 rr«M(Ms _—032 wncft 123 OOHoMnft 03» *0.02 32 wiwHm 0.57 *ooa m IflKlWli 0.735 *006 KM —MK 5.SO J*fk I M»HI 0l94 *001 207 Jwena SMpyerd 8.1S *0J0 OT mpnTe<ir» 4.70 *010 M7 lUNHrtli 4.54 *0.04 363
      228 words
    • Article
      S-E Asia box volumes slightly affected by crisis
      399 17  -  Growth last year was 9.1%, down only 2.5% from 1996: OSC report Byl Marcus Hand [SINGAPORE] Growth in South-east Asian container port volumes last year were not seriously affected by the regional economic crisis, according to a report by UKbased Ocean Shipping
      399 words
    • Article
      Lock icon Indonesia to acquire containers from abroad to alleviate shortage
      294 17 Reuters [JAKARTA] Indonesia will bring containers in from abroad to help alleviate a shortage caused by lower imports due to the currency crisis, Bisnis Indonesia newspaper reported. Imports have become expensive because of the currency crisis and this has led to
      Reuters  -  294 words
    • Article
      Due diligence clause holds head charterer liable to shipowner
      763 17  -  ADMIRALTY CASEBOOK By\ Selva Kumar HEAD charterer of a vessel has found itself fully liIM able to the vessel's owner under a "due diligence" IB HI clause in the charterparty after the vessel was damaged by fire due to deficiencies at
      763 words
    • Article
      Lock icon P&O rules out sacking Aussie workers
      373 17 AFP [SYDNEY] Major Australian dock employer P&O Ports ruled out yesterday a masssacking of its unionised workers to compete with a reduced labour force at stevedoring giant Patrick. "We have got no intention of sacking our workforce at all," chief executive Richard Hein said.
      AFP  -  373 words
    • Article, Illustration
      Lock icon Titanic replicas to sail on similar route of ill-fated 1912 luxury liner
      671 17 Developers promise the ships will make it to New York this time [SINGAPORE] If all goes well, a modernised replica of the famed Titanic will set sail for New York from Southampton, England, In December 1999 with 2,600
      FILE PHOTO  -  671 words
    • Article
      Lock icon Cargo ship with 24 aboard sinks
      112 17 AFP [MANILA) A cargo ship with 24 people on board sank off the Davao Gulf in the southern Philippines last week but the whereabouts of the crew was unknown, a television station reported here. The MV Virgin Pearl, carrying consumer goods from Indonesia, went
      AFP  -  112 words
    • Article
      M'sian firm launches Port Klang-Madras weekly service
      239 17  -  From Rajendra Bajpai in New Delhi KPB Priority Feeder Services Sdn Bhd of Malaysia is introducing a new weekly container service between Madras and Port Klang in Malaysia, Indian agents of the company said. The new service could cut into Singapore's share of
      239 words
    • Article, Illustration
      Lock icon Industrial showdown looms
      882 18 AUSTRALIAN WATERFRONT Patrick sparks furore by sacking its workforce after a battle with the maritime union for control of work practices Bloomberg [Sydney] THE biggest industrial clash in Australia since the 1996 election of the Howard Liberal/National government is threatening to erupt after the firing of the
      Bloomberg  -  882 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      332 18 PACE ESP Unas 14 AMI 3 Accord AhrtnfcM 14 Fifwldt 14 AppansMp 5 1 AslaOCl 15 Frot 15 Astro 3 Mllnta 16 Austral 9 6 link 4 Avant 16 Cemartrans B'tang Mas I <*»**) m 7 GJoryNav 16 itl 16 HalSunHup 15 Htn
      332 words
    • Article
      SHIPPING GUIDE
      17272 26 THEBU SINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartlsar Vassal Voyaga TaMphona ETA ETA Adwtlsar Vassal Voy*. Ta*pN»a paifn Nam# N#m# Nuobf Nufflbff SIN Dttf n Nun# u u 15/04 10/05 Y«ng Ming ACE CONTAINER AEI01S 65-3205*0 A TO ABIDJAN (ABJ) 2003 /vory Coasf, Cote D'lvolre Q 0/04 a/05 Ouadrant
      17,272 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        461 33 VtMrt Voy Mo Birth Arrival (hyrturt Jm|M Aiiw PUm S J04 alongslda 10.04/0800 AHM 388 JM alongiida 10.04/1500 INuful It 2 9806 J02 alongjlda 10.04/1800 M AfrtMl APM J01 ilongilfl# 10.04/0300 6t Batahamul *****6 J01 alongiida 09.04/2110 M FUAarta Km J01 atongjida 09.04/2339 61 LMtart I *****6 J01
        461 words
      • Article
        CONTAINER SCHEDULES
        1582 33 RECEIVING OF EXPORT Fa CONTAINERS AMD LCI CAR90 Booklrq/BtUnc* Rstls SWp Voy Mo Etb/ltr Nrtod Frow To FroM SS S8S 888 S K58 8S S 2» M"X <C 0*51 10/0100 n. rutin Ml mm MiMM 21 571 '00 <0/0*57 >0/0700 j io/otoo io/iw wm KM TVOOO M OVBOO
        1,582 words
      • Article
        GLOBAL HOLIDAYS
        202 33 Apr 10 Australia: Good Friday. Canada: Good Friday. Dtnmark: Good Friday. Finland: Good Friday. Otrmany: Good Friday. Hong Kong: Good Friday. Indonssla: Good Friday. Inland Rtpublic Of Good Friday. Mtxlco: Good Friday. Netherlands: Good Friday., New Zealand: Good Friday. April Australia: Easter Day. Hons Kong: Easter Monday. Apr
        202 words
      • Article
        COCKETT BUNKER MARKET REPORT
        668 33 THIS rvport oompllad by Cockatt Marina Oil Ltd •howaarieonneaa in US dollar* mttaad of ilngl* prlcaa tor a nor* comprthanalva daicrlpuon of tha markat Ptfcaa ahown art baaad on i»iri|a iiaad ■tam Markat movtmtnu art lndicatad Tha Cockttt Bunkar Prtoa Indax chanat and tha individual changaa
        668 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        286 33 Cm*. MOMU NU 1.0 174 0 J1 121 O.Of i_i DwMltv Watar ImMm AM MmMm SMtawflt MltMD) 114 1 gmmrl MO Am NM 0J 111 0.0* >0 0.01 V? MO MM NM U IM O.IJ M 0.07 wm «*/v %m« w imxwui < o o o
        286 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon FedEx expands S-E Asian network with new route
        521 34  -  Cebu-Jakarta-S'pore service launched despite regional economic crisis By. Marcus Hand [SINGAPORE] Federal Express Corp (FedEx) launched its new Cebu-Jakarta-Singa-pore route on Wednesday, as part of its continued expansion plans in Asia. The launch of the new flight comes at a time when
        FILE PHOTO  -  521 words
      • Article, Illustration
        Lock icon Ford model debuts at New York auto show
        67 34 [NEW YORK] Ford Motor Company unveiled the 2000 model year Lincoln LS at the New York International Auto Show. The LS is aimed at the luxury sport sedan market in North America, Europe and Japan and will have both right- and left-hand
        AFP  -  67 words
      • Article
        Lock icon United Airlines plans stricter enforcement of 2-bag carry-on limit
        304 34 Bloomberg [CHICAGO] UAL Corp's United Airlines plans to enforce more strictly its two-bag limit on carry-on luggage starting May 15 on flights in North America. Purses, laptop computers and briefcases will no longer be overlooked and instead will be counted as
        Bloomberg  -  304 words
      • Article
        Lock icon Honda launches production of natural gas passenger car
        325 34 AFP [EAST LIBERTY, Ohio] The US unit of Japanese car giant Honda has launched production of what it called the first fully mass-produced natural gas passenger car with the world's cleanest internal combustion engine. The Civic GX natural gas vehicle was launched
        AFP  -  325 words
      • Article
        Lock icon Air France pilot jailed for crash
        108 34 AFP [COLMAR] The pilot of an Air France jet that crashed during a demonstration flight with the loss of three lives was sentenced yesterday to 20 months in jail, 10 of them suspended. The Colmar appeals court increased the sentence handed down a year
        AFP  -  108 words
      • Article, Illustration
        Lock icon Boeing reviewing next month's rollout of 717-200
        227 34 Bloomberg [SEATTLE] Boeing Co said it is reevaluating the introduction next month of its 100-seat jetliner because of production problems with the plane. Cracks in the engine blades being built by Bayerische Motoren Werke AG and Rolls-Royce pic are causing the world's largest
        Bloomberg; FILE PHOTO  -  227 words
      • Article
        JAL pilots launch 24-hour strike; planned JAS walkout called off
        423 34  -  ANA stoppage continues into fourth day, crippling another eight flights By Felix Chan [SINGAPORE] Japan Airlines (JAL) pilots launched a 24-hour strike yesterday over wage disputes while a seperate labour stoppage at rival All Nippon Airways (ANA) continued into its
        423 words
      • Article
        Lock icon Canberra sells 4 airports for A$110m
        250 34 Bat offer for Melbourne's Essendon airport withdrawn AFP [SYDNEY] The Australian government has sold four airports for Asllo.l million (SIIIB.B million), but has withdrew from an offer for Melbourne's Essendon airport. Darwin, Alice Springs and Tennant Creek, all in Australia's Northern Territory, were sold
        AFP  -  250 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1637 34 CJTY FU6H7 ETA FU6HT ETO S0325 T710 $024 2350 mm* 6*974 zoos' wv vet Af Ittlfl $0230 WO SOW 1TI0 MWO 0105 $0327 0755 lfLI11 TOffl GaaafZkM PIC $0(03 1905 C2354 WW U837 V455 6*974 2005 _JSP 2045 S0804 WO KL838 2300 HmnI **741 UK) **742
        1,637 words
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      Page 18 Advertisements Column 1
      969 18 m —ton wmk w OOCL MM ROM ÜBIt tl/M 11/ M 11/ M N/N M/N M/M M/N I!/* nm wfe" OOaOWMHU 17M17 n/M n/04 M/ 95 11/ M 11/ M 11/ M M/M 11/ M 1 1 121 1 Ir* I I 1 C 1 C 1 wumtMßtt nail M/M
      969 words
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      Page 18 Advertisements Column 2
      418 18 UnM MTVICM Kxwentec #MemE*noftne itmßmSi] by oflf* R*gi«ry of Singapor* Fratght Forwarders Accre<J«ad Shipping Agentt, Utt Aaaoc&tion XJCy Smgapora Shipping Aaaoda&on Send out 48,000 Place an ad in... SHIPPINGTIMES Iris Um *****44 JrrodUong 740 2089 gffi m IK BB «««y. ift-tt tatmm «cw lIM -KM \JM lIM vM MM f»4t
      418 words
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      Page 19 Advertisements Column 1
      944 19 i lttiuo, r i luaj npiu iu, IJJU TO EUROPE FROM EUROPE wTsamMMimsoußTLiii I ptssa vor ra H« son BJ um sm MX am 1140 10/04 H/04 21/04 01/05 02/0$ NT DIM *****0/03 21/03 23/03 11/03 11/04 HY ENratOt 31 SI 14/04 01/05 02/05 05/05 20/04 MM 2131 22/03 24/03
      944 words
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      Page 19 Advertisements Column 2
      1366 19 I HANJIN SHIPPING HAHIISMffWGfS) fTI LTD I*//■■■. MOO* J7M235 237 UIB *****24 231 OOCUHOI 32*0271 274 OftWWIS 32Wi4l 752 MMNUK *****5S MX 272W40 (IM: *****T3010M I TO NW USA A CANADA I CftHrtfM* MV&/VOT 1— "ST" UMHAtt/VOT I» I W <" w WTM Wt OWI_ TVt m TTI usumiMK ie/eTli/eT
      1,366 words
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      Page 19 Advertisements Column 3
      282 19 FULLY CONTAINIRISID DIDICATIP fiKVICIf Sa|w »mwsm« a w w_ SgL- g- IJTL llff l| wsshmk msm u/m 17/tM u/M H/M h/m ffigfe— J[ MlSfllraaiff jWffl IMKBUHK MIS U/M IVM MIK IS/M H/M ?1/M 73/ M M/M HYUNDAI DftWTB 00SW 17/ M M/M M/M M/M W/M nrcasM 'mm h/m ?i/m mm
      282 words
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      1287 20 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/ftusuriiaKBANEANCANADA vraa voy I'mTl iem htm anr kam Isrv Ifu II wssa voy mm jeq bit spe ros wx mtm HAiIM SAVANNAH MM Ism FS" UMM SIM MM PATMOS SENATOR MM MM mm nit MM MM MM IJ.M PUMJAB SENATOR WM6I6 14 61 91
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      1340 20 MY ANG v**. Intwwl WM> http: //www.ymLcom.tw rww wraa-r eveky thuksoay^UNOAY VESSEL VOY SIM CM HTM HMI FXT LEH ANR 1 MING GLORY ABI4W 10/04 14AM 02AK 30AM 29AM HUMBER BRIDGE JBI4W 12/04 29AM 01/05 02/05 tM/05 < MING MOON ABISW 16AM 20AM 08/05 06/05 05/05 10/05 J MING SOUTH
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      387 20 LINE Wt A TIL< SIM4M MUb Mill 11 MUARA LABUAN vissa vov in in vissa vor n» ra SPOM MHAtA SPOM 1M wmeonr vmc/m ii/m u/m f"** JSS2! !1£ 15/2 IWW VIM/M 14/04 19/ M VM/M «puouvr vim/m ji/m m/m *2®"* *5-22 5£J INOm VIII/* B/M Jt/04 J.PWSPM VIII/* B/M
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      1121 21 IVTtttl VOV IN KUA POU PKO PH OLW BUW MA WK IRAN VOJDAN PJL 1278 14/04 23/04 MALACCA GLORY PJL 1280 18/04 28AM ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIESIE. AZARBMIAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIRGISTAN, TAOZHIKISTAN A GEORGIA VIA B. ABBAS. BIK AGENT IN SXGAPORE
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      1691 21 rasa SAILING H|| TO SHANGHAI ft XINGANG J I SINGAFOiI'SGENttAI AGENT* 6SHENTONWAY TH: 226 1900 FAX:*****00 OUTWARD(I/l) T'TSoSw'ThC^^ COSTAR SHIPPING PTE LTD #17-oodoshog sales/mgs *****41/43 inward deft <d/ 0) *****85 COSTAR AGENCIES (Aft) SDN BND q NO: **********00 TOWEI TWO (*****9) CONVENTIONAL *****50/55 T/SHPMT DEFT *****25 TH: 02-07-35 ***** WL
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      532 21 v EASTERN CAR UNER, LTD/'-CSi?" I_tj Ea (SINGAPORE) Pit ITD SfZSZ 1 SftQAUzi IN ROUP HUVY UFi uwo im tons j ECL (SINGAPORE) FTC LTD LOADING FOR CHITTAGONG YANGON "1 CHITTAGONG CALCUTTA MV "GOLDEN OUNT" V.3 MV "TERESA PRESTIGE" V.5 ETA SN 09/04/98 ETA CTG 14/04/98 ETA SIN 10/04/98 ETA
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      1265 22 SGP RDM ANW HBG THP ZEE LHV TMf ROM AMW HOG MIL S6P E DELIGHT RW-002 10*4 MM 13/16 IMS 11*0 12*6 13/06 E. RIGHT RE433 20*3 21/13 23/03 2VS3 13m JORK RW-001 23/ M IMB 17/06 11/06 21*6 E REFINE RE-015 21/93 30*3 20*3 31/03 02*4 27/ M 20*4
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      855 22 WSIS" -rV-/V- J ommwrniiw 88U: (084) *****9 MANILA: (632) *****24 W V POIANOi (04) *****38 BANGKOK: (682) *****67 SURABAYA: (31) *****0 RKBLAMQ: (03)*****77 JKT (21) *****67 MPN: (81) *****3 KUCH94Q (062) *****1-3 MANILA GIMOA/iAICHONA MV "P!YA BHUM" V92E MV "MSC RAFAELA" V.9814-3 ETA SIN: 17-4-98 ETA SIN: 17-4-98 AISO ACCEPTING
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      Page 22 Advertisements Column 3
      337 22 nantailine] FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vissa yot sm I nu duk I cpt »7i*r| mrouyqus tm lyo* 22/H 24/ M wk h/k souiei IMU6OW im 21/04 w* os/os ows ymrtMES WIS 30/04 ivt>s 17/85 ■jglggi tops M/OS 17/05 22/05 24/05 WAS mMMM toots 17/05 24/05 30/DS 03/0*
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      283 23 i BSfl a. I MK MYANMA «BBk FIVE STAR UNE vT (Myomnar Notional Lioo) loom| lor Yoofoi (Rangooo) vtssa voy sw wg rw rou PAGAN 2S4W SW BMO 101W 13/04 MALAYSIA AGOfTS: OOUSTIAD SMTfMG AGENCIES ML m 02-09-*****00 HL TE 02-03-374*101 Mk m 02-04-*****02 MO: Ttt 01-07-*****21/4 BANK LINE (A
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      Page 23 Advertisements Column 2
      1267 23 I/k HYUNDAI MERCHANT MARINE CO. UP. VOTI SOM I UH I WW I MIT NOIIOUn 302W 10/04 01/05 02/05 M/ 04 20/04 HYDUB 318 ??7M M/M NYBVaoa 311W 13/04 M/ 0* 30/04 02/05 15/05 »0M 3041 27/03 20/03 22/03 24/03 4/04 iwi iMiTfMn so w 14/04 04/05 09/05 06/05 27/05
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      868 23 fli JHi MM nawmgar yaciotoad oukxarrmn Qss&s mm mm u\es TO NORTH AND LATIN AMERICA RORO HEAYYUFT S£RVia [visa VOY RAMP MIGHT |SM LAX CKI MIA SAV lAI OtF MYC |*W MOO tampa fSmT 4001 m "TH [W 10/05 14/05 22/05 WSFWSrJW 21/05 «7H" TAUfOT MOO 4001 m UM 20/04
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      587 24 IAMHOKIUIM CHAtAMtt ,IAK AWTA/EAWJAW VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN ANANBHUM** 100N 12AM 18/04 18/04 OURU BHUM* 73S 11/04 14/04 CHANA BHUM 13N 12/04 18/04 IVO4 ACX JADE* 188 13AM 18/04 ACX RUBY 19N 12/04 15/04 18/04 OEJA BHUM 7433 14/04 17/04 18/04 KITI BHUM** 40N
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      Page 24 Advertisements Column 2
      373 24 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAO, SINGAPORE 0206 TEL: *****68 FAX: *****64 TIX- R*****6 SINMER ■111 CR No: **********0W RacaMng Cargo at PTI VJSSU VOY SIN iry m I Stria V9607E tanH4/04 19/04 MM VNO7E 14-17/04 22/04 IMft W»«lTl9/M 2V14 Midi Y9104E 21 22/04 27/ M 15* VNME
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      Page 24 Advertisements Column 3
      782 24 rs ACCORD A SHIPPING PTE LTD Til s *****15 (40 Unas) MX: *****30 KOTUAUG (03)*****01 M M OMfCT ACCfSS TH *****55 (EXPORT BOOKING) HMO*UK r 107) MS) IS/7 *****34 (iXPORT DOC), *****39 (IMPORT) WUMG (04)*****40 URL:HTTP;//WWW.ACCORD.COM.SG JJUUkiTA (71) t4O 0770 POM mWW FOOT ITA SIM POT ITA MM FOtT ITA
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      351 25 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE Vtt I VOY JHfflKt A OAM/1I DAM M lUR6 MEMEN ANTWERP A VEMEL IS/M 1«/ M OMIT 2M5 TO AUSTRALIA I fUU. CONTEMNER SERVICE m wv WmT m m m m. m to. m NJSTEMIBVNK V 1» KMHM IMM 17/ M 2M4
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      Page 25 Advertisements Column 2
      818 25 f aaasllll pacirc international lines (pte) ltd j I 140 Cecil Street, *03-00 PIL Building, Singapore *****0. I I CR NO: **********06 rn. SW STB la AW m m an »ott parouu rraoos n/« u/4 2*/4 w/4 jig I bOattdAm oil 17% ~W" Wo l/s M M U/5 jEEI Kourawwu
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      561 25 YvArH COMPAGNIE MARITIME D AFFRETEMENT F ULL CONTAINER SERVICE CH NO *****bb0000/ TO: UK NORTH EUROPE WEEKLY SERVICE L ~>■> n:.,.:. J"'.'"""J" 1 r.'- 1 TO: WEST MEDITERRANEAN FIXED WEEKLY SERVICE (including north africa E555E53 rfs I =="..«reTM C2Z3 tnznnzzwmwzzm m eeiesh rTI r^rrrii'v i ii i i ßFrii i
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      42 27 To retrieve more schedules, Just follow these simple steps... document jj^ ia j 74 °-6000^^^^^^ ep your key in the four number digit code Key in your Exampto: i—*—i fax number To NEW YORK (NYC) 2275 United States for calls within Singapore
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      1154 30 ■w 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 HO. 1047M800Q0D BOOKINGS CALL DIRECT Li WE: *****41/43 A/CELI A/ME^HMI 7 SLGS/WEEK 2 SLG/WEEK upmil' VOY SIN JAK VESSEL VOY WN EkS LALAZAR 1009 11/04 (SAT) 14/04
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      583 30 ENG LEE SHIPPING CO PTE LTD I I Tafa SMN7S II UM) hui IMNII/51HHI I I f C« Hm imiMIMIt I VfSSCL VOY SmnASMETD NSTNUTION Iboho Boai 04/98 10/04 11/04 Mmon Hato Mo 12 09/98 10/04 11/04 faniofangaoi OwOoyo 05/98 10/04 11/04 nmwra TBoru/Boof on Buono Indoh 04/98 10/04 11/04
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      Page 30 Advertisements Column 3
      435 30 SIM FAR EAST 12/04 KEELUNG/KAOHSIUNG 12/04 BANGKOK 13/04 MANILA/CEBU 12/04 JAKARTA/BELAWAN/SURABAYA 12/04 PORT KELANG/PENANG/E. MALAYSIA 14/04 BUSAN 12/04 TOKYO/YOKO/KOBE/NGO/OSA 12/04 HONG KONG SIM CHINA 12/04 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGOAO/HAIKOU SIM EUROPE/UK 12/04 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIM USA/CANADA 14/04 LOS ANGELES/NEW YORK all IPI points
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      Page 30 Advertisements Column 4
      485 30 Singapore Soviet Shipping jagkco. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL FAIRY EAGLE 111N 10AM 18AM 29AM 30/04 TRADE FAST TFS2I7 17AM 25AM 07A» 00/06 KOTARATU RTUOO7 24AM 02/06 13/06 14AJ6 FAIRY EAGLE 112N 01/09 00/06 20/05 21/06 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA I
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      974 31 iIASu-jMBnmANUNEXPi^tAMit-vvisnouwsnyiaji I VOY I SIN I W I GOA I VLC Pjftj I ANK I FXT N.SINGA 9813-3 LLAEB_ 2$ APR Z 28 APR JU-&&E Q3 MAY I MSC RAFAELA 9814-3 18 APR 01 MAY I 03 MAY 05 MAY 08 MAY 09 MAY 10 MAY I MS£ SOPHIE 9815-3
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      1706 31 YWfIWTMf 1 m I M I B 1 i W [vesa/vowa I sou |hm I ham I imi stom torn namta awmi Itokto MYK CASTOt 07W4U 10.04 25.04 27.04 2104 0105 OOCL SMGAPOtf OSUII 15.03 17.03 ItOJ 71.03 07.04 1104 15.04 OMIT 16.04 PtO ML SOUTHAMPTON 02** 15 ISM 02.05
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      402 32 m TIGEfUIfIE Singapore Madras Shuttle Singapore Calcutta Shuttle Colombo Calcutta Shuttle Madras Colombo Shuttle Colombo Tuticorin Shuttle Colombo Cochin Shuttle Agents: Ben Line Agencies Contact Peggy Hwang or Mary Teo Tel 225 3522 Fax 224 0163 DIRECT LINES *****80/*****81 P» GLORY NAVKATNN GROUP RFBIILAR LINER SERVICE OWNED AND OPERATE LOGGERS/frN
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      820 32 freight unks express I jy 62 Toh Guan Road, Singapora *****1 Tal: *****66 (60 Unas) Fax: *****33 E-mail: flesin@singnet.com.sg CONSOLIDATION SIRVICSTO^TNI FOLLOWING PORTS LAIM CNABANO (LCB), CSBU (CIB), AUXANDRIA (ALT), SHANGHAI (SNA} MALTA (MLA), BUSNOS AIMS (BUI), SANTOS (SSZ) AND VALPARAISO (VAP) npaN luia BAca hamx nASHA eta ml* pnt
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      Page 32 Advertisements Column 3
      1009 32 OOCL (SiiwjKiPore) P»e lid CFS Keppel Distrpk 79 Amm Im4 #21-04 (S) *****4 *513 #01-121 I mmky ffe)i CR NOIII7I7MOOON 1*272 7127 cd 3269 180 Ufc *****13 hi 221 3942 to: 272 7025 L^33 Mftim IMtlfi Ml' film ftTfTHflitfl TO USA «f LGt -CHI 'MEM 'NYC 'HOU OUTBOUND SGT j
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  • Page 33 Miscellaneous
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      116 33 UMNO: R Thundarstorm Tamparatura c A y Showtr Waothar Wmd (fraction With spaad m knot* R«n v-/ Cloudy Sky Wova halflht winds art Indicate by arrow* wMdi fly witfc tfca wind OnaM eircla rapeasant* calm or light ond vonoWa wind* W Ona hart tlacha rapratantt 5 knots L— Ono fu«
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