The Business Times, 22 April 1998

Microfilm: NL21182
Total Pages: 42
1 42 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, APRIL 22, 1998
    13 words
  • Article
    MARKET SUMMARY
    67 1 sra 1,***** (-18.05) BT-SRI 822.69 (-2.68) BTOQMP 1289.41 (-11.87) BTMGA 707.26 (-6.53) MHABXETHOOD: Li- Down STOCK MAIICT INDICES Tuesday Change KISfi COMP j@23.98 -10.31 mm *****-67 I28J&7 HANOSENG 10,***** -188.37 SET INDEX 435.23 +0.86 JAKARTA COMP 497.71 -10.45 MANILA COMP _2.15l.48 4.11 TAIPEI WPt 8.440.20 -68.36 SEOULOOMP 439.21
    67 words
  • Article
    FINANCE
    78 1 FOtEX RATES US* s$ USS 1593 £(liS&/S$ per 1.678 2.672 DM 1.791 0.889 YEN 131.6 1510* MS 3.738 0.426 HKJ 7.750 0.205 BAHT 3910 O.Wl RUPfAH 7,837 0.920* •Si to 100 units PRIME RATES SINGAPORE* 7.79 KUALA LUMPUR 1160 JAKARTA 18.00 BANGKOK 14.75 MANILA .22.90 HONG KONG 10.25 TAIPEI
    78 words
  • Article
    US dollar, stocks risk correction, warns IMF
    750 1  -  Rising US current account deficit and commodity recovery could ignite inflation From. Anthony Rowley in Tokyo A REMARKABLY explicit warning about the dangers of a "correction", and possibly a sharp fall, in the value of the US dollar and of US government bond
    750 words
  • Article
    Lock icon Govt studying ways to cut interest rates: Dr M
    147 1 Reuters [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad said yesterday that the government and the powerful National Economic Action Council (NEAC) were studying measures to reduce interest rates. "The government and the NEAC are studying how to reduce the interest rates,"
    Reuters  -  147 words
  • Article, Illustration
    Lock icon Murdochs to split after 32 years
    552 1  -  Columnist Liz Smith breaks the news in tycoon's US paper From Eric Ellis in San Francisco MEDIA tycoon Rupert Murdoch and his wife Anna are to separate, according to a report in a Murdoch-owned newspaper in the US. A column by prominent US society
    1991 FILE PHOTO  -  552 words
  • Article, Illustration
    Lock icon STIC confirms it will take over unlisted ST Energy
    291 1  -  No time frame set; STIC stock up 7.7% on takeover talk By\ David Boey [SINGAPORE] Singapore Technologies Industrial Corporation said yesterday that it will take over unlisted sister company ST Energy, confirming market talk which has sharply pushed up the former's
    Source: Bloomberg  -  291 words
  • Article
    Five telecom consortia in tussle with PT Telkom to renegotiate terms
    668 1  -  They seek extension of mandate and relief on revenue sharing Prom S N Vasuki in Jakarta FIVE global telecom consortia are engaged in a bitter tussle with state-owned PT Telkom to renegotiate terms under which they are to provide
    668 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      120 1 PWBPg Mwt competitive Singapore and Hongkong retain their positions as two of the most competitive economies in the world, even as other Asian countries slip in the world competitiveness rankings, says the Intl Institute for Management Development, Pg 6 Surprise victory Australian dockworkers union scored a surprise victory yesterday when
      120 words
    • Advertisement
      Page 1 Advertisements Column 2
      8 1 Ten bears in for a surprise, Pg 5
      8 words
    • Advertisement
      Page 1 Advertisements Column 3
      69 1 a is-= l^^U 30 Ul V oi I Imh jUvflk \/A Jm mm ■HLn 4o* A<m> WT,c V \sy^^Mmm m <v W I w M Collection^. The timeless lines mechanical perfection I Wl JnTf v*fs jk <■ Our tradition since 1860 IN 435 65/737 64 Fax 65/235 82 00. Dickson
      69 words
    • Advertisement
      Page 1 Advertisements Column 4
      11 1 ST Cap more than doubles in 10 trading days, Pg 15
      11 words
Page thumbnail Page 2
  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon S'pore and HK most competitive economies after US
      481 2  -  S'pore improves in two categories but falls in four; Asian nations slip: survey By. Audrey Tan SINGAPORE and Hongkong retain their positions as two of the most competitive economies in the world, even as other Asian countries slip in the world competitiveness
      Source: MC  -  481 words
    • Article
      Lock icon S'pore faces recession: securities firm
      250 2 AFP [SINGAPORE] Singapore is headed for a recession this year, the securities arm of international investment banking firm Santander Investment said in a report received here yesterday. "We believe that the Singapore economy will move into recession this year. We have revised down our 1998
      AFP  -  250 words
    • Article, Illustration
      US electronic parts orders down
      289 2  -  EYE ON THE ECONOMY Electronics By, Jennifer Lien NEW orders of electronic components in the United States fell 4 per cent year-on year in February, after growth moderated to a revised 9 per cent in January. The preliminary January figure, reported last month, was 12.2
      289 words
    • Article
      NTUC charts plan for knowledge-based era
      460 2  -  Carol Eng TO gear up for the knowl-edge-based economy of the future, the National Trades Union Congress (NTUC) yesterday unveiled six programmes to ensure its continued relevance in the 21st century. One programme calls for unions to work with employers on joint projects to
      460 words
    • Article
      Tourists get back $250m in GST through agency
      340 3  -  More refunds likely after nod for pooling of receipts from different retailers By: Frances Lui GLOBAL Refund, formerly known as Asia Tax Free Shopping, has refunded tourists in Singapore some $250 million in Goods and Services Tax (GST) since the tax-re-fund agency
      340 words
    • Article
      Major travel group comes to S'pore
      277 3  -  By' Toh Han Shih AMADEUS, one of the world's largest global distribution systems for travel bookings, opened its Singapore office yesterday, expanding its reach in the Asia-Pa-cific. The European travel group will also go into Japan and Malaysia later this year, then South Korea
      277 words
    • Article
      S'pore bags 7 of 15 Asian travel, tourism awards
      411 3  -  Two major prizes go to Ken Air Tours and group MD Kenny Goh By: Frances Lui SINGAPORE'S travel industry swept seven of the 15 travel and tourism awards in Travel Asia's 1998 Breakthrough Awards held last night at the Intercontinental Hotel.
      411 words
    • Article, Illustration
      Philips unit unveils communicator
      199 3 PHILIPS Consumer Communications (PCC) yesterday unveiled a communicator/handphone gadget which provides full wireless capabilities including telephone, fax, email, short-message service and Internet browsing. The company's officials yesterday said the product targeted at Singapore, Hongkong and Australia will be launched in the middle of the year at
      199 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      202 2 7f*< 'T T f p a>' J I.A 9v J*) *kg 4&&( s>** >{f tfl n V A W :UM| *b&*k%*xt ».ayg9< *V F1 WiHBF*ZifwV c oyi u IP irflj Sun 24 AAOy Calling all CEOs, MDs, GMs and Directors! The New Paper p Big Walk is a great occasion
      202 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      421 3 flB fl i9tf •wflt Rjrtjf rag an jnvestment opportunity that's well of within your reach. With easy monthly contributions into our Personal Investment Plan, everyone can now afford to invest. What is Personal Investment Plan? Personal Investment Ran, PIP, is an innovative new investment opportunity from Standard Chartered This evaluation
      421 words
Page thumbnail Page 4
  • MARKETS IN TURMOIL
    • Article
      Seoul pushing to use US$5b World Bank loan for equity fund
      577 4  -  Bank disapproves of move seen as bailout of ailing firms Front, Jennifer Veale in Seoul SOUTH Korea has refused to shelve a controversial plan to inject World Bank loans into an equity fund to prop up cash-strapped companies suffering
      577 words
    • Article, Illustration
      Lock icon Jakarta ups short-term rates to prop up rupiah, fight inflation
      756 4  -  Analysts say central bank running out of options to stabilise battered currency From S N Vasuki in Jakarta INDONESIA yesterday increased short-term interest rates in another attempt to arrest rising inflation and a weakening rupiah. Though the rupiah strengthened after
      REUTERS  -  756 words
    • Article
      Lock icon Jakarta lifting palm oil ban
      150 4 AFP [JAKARTA] Indonesia will today lift a more than three-month-old ban on the export of crude palm oil (CPO) and byproducts in line with an agreement with the IMF, the industry and trade ministry said yesterday. A decree issued by Industry and Trade Minister Mohamad
      AFP  -  150 words
    • Article, Illustration
      An unusually angry Chuan raps BOT, Exim bank
      609 4  -  Rare display of frustration over liquidity woes from usually mild PM Froi Bruce Cheesman in Bangkok SO rare is a temper tantrum from Thailand's mild-man-nered Prime Minister Chuan Leek pa 1 that ministers were shocked when their chief assailed the Bank of
      609 words
    • Article
      Lock icon 435 M'sian firms went bankrupt in past 9 months
      468 4 Caton Wood, Asia Halt latest to be pnt under receivership Bernama, AFP [KUALA LUMPUR] A total of 435 companies, affected directly or indirectly by the current economic crisis, went bankrupt and obtained winding up orders from the court between July last
      Bernama,; AFP  -  468 words
    • Article
      Lock icon Time to buy Japan, says top economic planner
      385 4 EPA minister blames the mass media for harping on bad news Reuters [TOKYOJ Top economic planner Koji Omi came out yesterday against the relentless tide of gloom over Japan's woes, declaring that the nation is now a buy. "I myself think it's
      Reuters  -  385 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      148 4 I A well established and reputed ISO9OOI 1 I certified organization based in Singapore I I with overseas subsidiaries is looking for a I I suitable candidate for its newly set up trading I j division. I TRADING I J MmGER j 1 You will be heading the trading division
      148 words
Page thumbnail Page 5
  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon What if the US$ weakens?
      1064 5  -  A plunge in the greenback could lead to a different picture on the Asian front By Larry Wee LAST week, Money Matters envisaged at least two months of messy conditions for regional financial markets as participants play a range-trading game. It seems too early yet
      Compiled by BT; Source: Deutsche Morgan Grentell  -  1,064 words
    • Article
      Yen bears in for a surprise
      521 5  -  Nomura says bank bailout and fiscal stimuli will produce results this year By. Larry Wee [SINGAPORE] For the first time in 10 years, the chief economist of Japan's foremost private research body is optimistic that Japan could be finally turning the economic corner. Until
      521 words
    • Article
      ANALYSIS
      330 5 Markets watch for Indon commitment to IMF reforms THE next few weeks will determine if Indonesia can stick to near-term deadlines agreed with the International Monetary Fund. This will decide the fate of an overdue tranche of US$3 billion (Ss4.B billion) from the IMF and another US$2.5 billion in
      330 words
    • Article
      Lock icon THE WEEK AHEAD
      347 5  -  Compiled by, Larry Wee Sources: ANZ Bank (ANZ) ABN-Amro (ABN), Independent Economic Analysis Holdings (IDEA) MMS International (MMS) Sooth Korea Korea's financial supervisory commission speeds up restructuring of Korean banks. The sale of Korea First Bank and of Seoul Bank, with a mid-November 1998 deadline, could start
      Sources: ANZ Bank (ANZ); ABN-Amro (ABN),; Independent Economic Analysis Holdings (IDEA); MMS International (MMS)  -  347 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      9 5 This is an authorised excerptfrom IDEA's daily client faxes
      9 words
    • Advertisement
      Page 5 Advertisements Column 2
      151 5 j i, (V »j jR- *T I seeing all the possibilities... With the right financial resources behind you At IFS, we see a vision of the future where others see only the here and now. Because we understand the needs of a growing business, especially when it comes to cash
      151 words
Page thumbnail Page 6
  • SOUTH-EAST ASIA
    • Article
      Mahathir, Chuan to witness signing of LPG joint venture
      505 6  -  USsBoom project includes building of Thailand-Malaysia gas pipelines Frorn Bruce Cheesman in Bangkok AFTER years of haggling over the energy resources of the Thai-Malaysian continental shelf, the prime ministers of both countries are to witness today agreement on a US$BOO million
      505 words
    • Article, Illustration
      Lock icon KL slashes defence spending by RM1b
      241 6 KUALA LUMPUR Amount represents 21% of budget, says nrinigfop AFP MALAYSIA has decided to cut 1996 defence spending by one billion Malaysian ringgit (*****.8 million), representing 21 per cent of its nearly RM4.76 billion budget, a senior minister said yesterday. "We are not looking
      AFP  -  241 words
    • Article
      11 int'l courier firms obey Yangon order to shut down
      367 6  -  SINGAPORE By] Ronnie Lim ALL eleven international courier firms ordered by Myanmar to cease operations in the country did so by Monday's deadline, sources said. They were unable to get a reprieve from the authorities, leaving a joint venture between
      367 words
    • Article, Illustration
      Lock icon Sold for food
      62 6 [BAN SAE PAI, Thailand] A Thai villager looking at some of the cows he had boughtfrom Cambodian civilians near the Thai-Cambodian border on Monday. Starving Cambodian civilians, who had crossed the border to trade their cattle in return for food and other basic necessities with the Thai
      REUTERS  -  62 words
    • Article
      Lock icon Temporary bank shutdown
      145 6 MANILA AFP A REGIONAL bank in the southern Philippines yesterday declared a temporary shutdown and sought the help of the central bank after other banks refused to entertain cheques issued by its depositors. Mindanao Development Bank executives insisted the shutdown was not caused by a cash crunch,
      AFP  -  145 words
    • Article
      Lock icon Indon director faces US$128m fraud charge
      183 6 JAKARTA AFP THE director of an Indonesian construction company has been arrested and charged with defrauding the state of some U*****.5 million (5J204.6 million), reports said yesterday. Thamrin Tanjung, the operational director of state-run PT Hutama Karya, was suspected of embezzling commercial papers denominated
      AFP  -  183 words
    • Article
      Lock icon US$1b up in smoke so far from forest fires
      183 6 JAKARTA AFP FIRES have swept through 395,000 hectares of East Kalimantan so far this year, causing losses of almost US$l bUlion (S*l.6 billion) in the Indonesian province, officials said yesterday. Murdiansyah.an Environmental Impact and Management Agency official said that, as of
      AFP  -  183 words
    • Article, Illustration
      Pol Pot and Nguyen Co Thach: Two enemies die days apart
      707 6  -  imvfDW Achieving poaco in Cambodia continues to be a problem By Yang Razali Kassim FATE can be strange. Two men who battled each other whUe at the peak of their power died last week, one in the wUderness and
      707 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      186 6 TXCLUSIIfe E&a/ M TheßusinessTimes Plaza 4 It's time to reward your secretary for her diligence and commitment Tell is why she should be treated to an ail-expense paid luxurious weekend deluxe suite stay for two at the Royal Crowne Plaza Singapore. And be pampered like a star with limousine pick-up,
      186 words
Page thumbnail Page 7
  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China's growth in Q1 falls below target at 7.2%
      428 7 BEIJING But new economic czar is confident 8% target for the year will be achieved AFP CHINA's new economic czar warned yesterday that economic growth fell to 7.2 per cent in the first quarter, well below the targeted 8 cent growth
      AFP  -  428 words
    • Article
      Lock icon China foreign reserves grow 0.5%
      198 7 BEIJING AFP GROWTH of China's foreign reserves slowed in the three months to March as the Asian financial crisis took its toll on the country's exports, Xinhua said yesterday. Reserves rose just US$73O million (SSI.2 billion), or 0.5 per cent, during the three months to
      AFP  -  198 words
    • Article, Illustration
      Lock icon Taiwan team makes first fence-mending trip
      304 7 TAIPEI AFP TAIWAN negotiators head to China today on the first fence-mending trip with the island's arch rival in nearly three years, but few expect any real breakthrough from the low-profile trip. The eight-member delegation headed by Jan Jyhhorng, deputy secretary-gen-eral of the quasi-official
      AFP; REUTERS  -  304 words
    • Article
      Lock icon Taiwan posts first decline in export orders in 17 years
      366 7 TAIPEI Official blames 2.6% quarterly dip on S-E Asian crisis AFP TAIWAN'S exports dipped 2.67 per cent from a year ago in the three months to March, the first quarterly decline in its export orders for at least 17 years,
      AFP  -  366 words
    • Article
      Lock icon Chinese state sector reforms critical
      274 7 BEIJING AFP CHINA'S ambitious reforms of the state sector will make or break the nation's modernisation drive, top economists attending a business meeting here said yesterday. "Whether the growing prosperity of China can be maintained depends on the successful reform of the stateowned sector," said
      AFP  -  274 words
  • Page 7 Advertisements
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      138 8 Just how manyfree insertions can you win in The Straits Times j Readers' Pick of the Press Awards? I That s right, 8 free full-page, full-colour insertions. Or 2 merit prizes of 4 free insertions each. That's what you, the advertiser, stand to win when your ad gets judged by
      138 words
Page thumbnail Page 9
  • ASIA
    • Article
      India govt in a fix over Jayalalitha's dismissal demands
      541 9  -  In addition to federal ministers, she wants Vajpayee to sack the Tamil Nadn govt From Rajendra Bajpal in New Delhi INDIA'S four-week-old coalition government, led by the Hindu-nationalist Bharatiya Janata Party (BJP), is still mired in a crisis because a major
      541 words
    • Article
      Lock icon Hashimoto under pressure to take the rap and quit
      457 9 TOKYO Analysts, business leaders say slump is govt-made calamity AFP PRIME Minister Ryutaro Hashimoto faces growing pressure from business, politicians and the media to stand down over Japan's biggest post-war economic crisis. "It is a plain fact that he misjudged the
      AFP  -  457 words
    • Article
      Lock icon Asian tourists to NZ down 41%
      119 9 WELLINGTON Bloomberg ASIAN tourists visiting New Zealand slumped 41 per cent in March from the same month a year earlier, as the Asian economic slowdown continued to erode visitor numbers from the region. The decline follows a drop of 37 per cent in February
      Bloomberg  -  119 words
    • Article, Illustration
      Lock icon Ex-bandit queen is Nobel nominee
      87 9 [BOMBAY] Former bandit queen Phoolan Devi smiles in her hotel room yesterday after she was nominated by British MP Ken Livingstone for the Nobel Peace Prize. Phoolan Devi, who is here to attend a conference of the Samajwadi Party said: "People question me on the
      REUTERS  -  87 words
    • Article
      Lock icon South Korea indicts ex-intelligence chief
      280 9 SEOUL He's accused of lIIH rnimr Mmp«ign against Kim DJ AFP [SEOUL] South Korean prosecutors indicted a former intelligence agency chief for masterminding a smear campaign against President Kim Dae Jung. Kwon Young Hae, former head of the National Security Planning Agency (NSPA), was indicted
      AFP  -  280 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      589 9 The Austin Reed Made-to-Measure suit. As seen in Buck ingkam Palace, Windsor Castle, Shenton Way and Orckard Road. t Austin Reed London. Made-to-Measure suit is not just a perfect With such attention to detail, it's of Bespoke tailors to the fit, but also perfectly suited to your style little surprise
      589 words
Page thumbnail Page 10
  • THE WORLD
    • Article, Illustration
      Lock icon EU ministers fail to settle row over central bank job
      398 10 LUXEMBOURG Blair to seek compromise between France, Netherlands before May 2 summit Bloomberg, AFP EUROPEAN Union finance ministers yesterday failed to resolve the tug-of-war between France and the Netherlands over who should be the first chief of the European Central
      Bloomberg,; AFP  -  398 words
    • Article
      Lock icon Cheaper PCs a double-edged sword
      419 10 SAN FRANCISCO Reuters THE proliferation of personal computers priced lower than US$l,OOO (551,592) is boosting unit shipments, but also is curbing overall revenue growth for PC makers this year, according to market research firm Dataquest. Dataquest, a unit of Gartner Group Inc, said while worldwide
      Reuters  -  419 words
    • Article
      Lock icon New US index shows inflation's still tame
      400 10 WASHINGTON Experimental CPI up Oil In line with official March report Bloomberg THE US experimental consumer price index (CPI) showed prices in March rose at the same pace as indicated by the government's main inflation gauge farther evidence inflation remains tame. The new
      Bloomberg  -  400 words
    • Article
      Lock icon Gingrich downplays chance of US$18b IMF funding passage
      264 10 CONSHOHOCKEN, Pennsylvania Reuters HOUSE of Representatives Speaker Newt Gingrich said on Monday the chances of Congress passing a US$lB billion (5528.7 billion) package financing the International Monetary Fund had weakened markedly. Mr Gingrich's assessment of the prospects for IMF funding in the
      Reuters  -  264 words
    • WORLD Watch
      • Article
        Lock icon EC ends bid to fight US law at WTO
        49 10 AFP [WASHINGTON] The European Union has ended its bid to have the World Trade Organisation invalidate a controversial US law punishing companies that do business with Cuba, said European Commission representatives here yesterday, confirming a New York Times report —AFP
        AFP  -  49 words
      • Article, Illustration
        Lock icon A Palestinian welcome for Blair
        95 10 Reuters [GAZA STRIP] Flag-waving Palestinian teenagers welcoming British Prime Minister Tony Blair to their high school on Monday. Mr Blair and Israeli Prime Minister Benjamin Netanyahu yesterday played down expectations that a new round of Middle East negotiations in London next month would break the
        Reuters  -  95 words
      • Article
        Lock icon Euro a historical turning points Kohl
        78 10 AFP [BONN] Chancellor Helmut Kohl told a parliamentary commission yesterday that the coming European atngio currency was a historical turning point and had its best chance ever of succeeding. But be said it would not necessarily give Germany immediate relief from its record level
        AFP  -  78 words
      • Article
        Lock icon German trade surplus surges
        71 10 Bloomberg [WIESBADEN, Germany] Germany's merchandise trade surplus almost doubled to 11.7 billion Deutschemarks (Sfl0.4 billion) in February from a revised six billion marks in January, the Federal Statistics Office said yesterday. The surplus was larger than expected. Analysts polled by Bloomberg had forecast a surplus of
        Bloomberg  -  71 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      628 10 WAH SHING INTERNATIONAL HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Wah Shing International Holdings Limited ("the Company") will be held at the Conference Room, The Westin Stamford Westin Plaza, 2 Stamford Road, Singapore *****2
      628 words
    • Advertisement
      Page 10 Advertisements Column 2
      178 10 F9P f v This Secretaries' Week, show your I It o appreciation to your secretary and A bring her to the Melting Pot Cafe Secretaries' for a sumpn,o,,s mcjl Week, Sow A I A ThniJ her with a scrumptious spread V-/1 of Fresh Sliced Salmon On Ice, A mSBK M
      178 words
    • Advertisement
      Page 10 Advertisements Column 3
      418 10 f uJW I WORLD WIPE 1 I Sine* 1975 our worldwide staff of over 275 including lawyers, chartered accountants, chartered secretaries and I bankers have provided confidential and cost effective company formation I in all the major low tax areas including: I Full professional after sales service provided. For a
      418 words
Page thumbnail Page 11
  • EDITORIAL & OPINION
    • Article, Illustration
      Opportunity knocks in Asia's bear markets
      837 11  -  THE BOTTOM LINE OPINION Vikram Khanna The writer isßT's regional economics editor JUST about everybody you talk to these days seems gloomy about the prospects for Asia's stock markets. Two weeks ago, fund manager Bill Bessett of Londonbased Henderson Investors Ltd, who was on
      837 words
    • Article
      IN OTHER WORDS
      94 11 I thought, maybe I should just give him a good slap across the face. But then I thought, well, I don't think you can slap the president of the United States like that.' t Kathleen Willey recalling her reaction to the alleged advances made to her by
      94 words
    • Article
      Hongkong's hustings
      585 11 EDITORIAL THE elections for Hongkong's legislative council (Legco) are just a month away, but all indications suggest that Hongkongers are lukewarm to what some consider the most important political event since the resumption of Chinese sovereignty. A survey conducted by the University of Hongkong after nominations began for
      585 words
    • Article, Illustration
      Lock icon Cybermalls: the global emerging market
      1213 11  -  Sales via the Internet could donble next year, industry consultants say By, Louise Kehoe FT INTERNET commerce always seemed a bit like Russia: you constantly expected it to take off and change the world but that never seemed to happen. Now the take-off is starting.
      FT  -  1,213 words
    • Article
      WHAT THE OTHERS SAY
      765 11 Bubble? What bobble? THE cover story in the new issue of The Economist magazine warns that "America is experiencing a serious asset-price bubble". In other words, stocks are substantially overvalued and will fall to earth in a big soapy mess. This warning has been voiced by
      765 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      48 11 DOOHESBPRY By Garry Trudeau I iMIZGJ&aMYTHSRAKS, unrTn/ineev 9 f^' N6 £L L7Ha JE 3AIY MCOK7&JR, JBR UH.. WOS r%S^ Y HH tvBQOT WMAT W 7HINGGI MASBeFORBI J BMY THE 6APABOUT' THOSe MTU HER ImA-mEm AN/CeA FUN/ JBX£MYSTAKSAOACKSeAT NOV' PUCKS- itaM I YOU'RE ATT&NPING TO A HOMUZSGFtRSON. 5 (<^<W
      48 words
Page thumbnail Page 12
  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon HK tailor a cut above the rest
      752 12  -  Treating all clients like royalty makes tailor Sam immune to today's bad times, notes peter humphret PETER HUMPHREY Reuters IN A chaotic world where businesses are going belly up, one of Hongkong's best-known tailors seems to have the measure of things. His recipe
      Reuters; FILE PHOTO  -  752 words
    • Article
      Citibank A springs back to form at 5th leg
      413 12  -  Team carries oat captain's tactical plan to perfection to record score of 119 By. Alan Clark A COMBINATION of Raffles Country Club and a two-ball texas scramble proved to be very much to Citibank A's liking as they bounced back to
      413 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      12 12 ''i|| h P»I yG "I! I I'll.-i I •I I t Vf
      12 words
    • Advertisement
      Page 12 Advertisements Column 2
      122 12 BUSWESS Notices To advertise call toll-free 1800-*****83 NOTICE IS HEREBY GIVEN that, I Seah Mui Keng of Blk 717 Tampines Street 72 #04-73 Singapore *****7, have applied for a Public House Ist Class Licence in respect of M/s Hachi Restaurant located at ISO Orchard Road, Orchard Plaza #03-16 Singapore *****1,
      122 words
    • Advertisement
      Page 12 Advertisements Column 3
      353 12 CORRIGENDUM Re: Liquor Licence Application published on 17/4/98 BT. Applicant: Lim Kee Eng The applicant should be Tian Chong Ming, residing at Blk 415, Bedok North Ave2#l7-101S(*****5), and not as published. M THE MATTER OF THE COMPANIES ACT. CAP. BO and M THE MATTER OF COMSYST PTE. LTD. (Incorporated in
      353 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      592 13 Buy It. Sell It. Find It. Classified. fi> CATS. Call Today For Results Tomorrow. 1800-*****66 Where to wine, dine and entertain... How your Loss can make you a superstar... APOLLO HOTEL SINGAPORE J SECRETARIES' WEEK yC| A, KINTAMANI -INDONESIAN RESTAURANT- I Mo' I»«~- Secretaries' Week Buffet Nonya Buffet Lunch $22
      592 words
    • Advertisement
      Page 13 Advertisements Column 2
      76 13 I I —fc- Orchard Rixitl. 2.iHHb7. Tel: *****11 WATCH Hfi A REALTIES w| I I C VI-WAI K tfJLV DOWN (MR 0 Secretaries' Week (J2O »o 24 April 98 fioofc your tickets at *****88 today. $46 NETT per person 12-2pm C.o-organurr: HI >ponM#\: jSbtthks. t«rtn*KHU (RiljJ LUX toscano G*g|>_ PA
      76 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      726 13 TV&RADIO Premiere 12 5.30 Real Adventures Prime 12 1^ Jonny Quest. 9.00 AMCDIS. r U 0 18 '6.00 News 5 Today Followed 10.00 TV Shopping Network. 4.00 Kidz Blitz: Alf Tales 11. By Wheel Of Fortune. 1.00 PM TV Innovations. jiflk 4.30 Lassie's Rescue Rang- ©.30 The Pyramid Game. 3.00
      726 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      178 13 CRYPTIC CROSSWORD the stall across (5,4) 14 Chancellor's strategy to settle YESTERDAY'S SOLUTION DOWN huge debt on time (3,6) IrUkUlfrlf AlHuim km 2 A couple of Poles given first Cocaine is stolen by a marksaid (6) man 5 ipM^s[t]o[f|tßll^clalll 3 Stagger around on seeing an Coastguard who always salts pjOjBjpHHV
      178 words
Page thumbnail Page 14
  • WIRED FOR BUSINESS
    • Article, Illustration
      Working from home
      844 14  -  Some telecommuters and firms that see new opportunities in telecommuting tell toh ham the benefits TOH HAN SHIH THE trend of telecommuting, where companies allow employees to work away from the office, is picking up pace as telecommunications and the Internet blur the distinction between the office
      844 words
    • Article, Illustration
      Lock icon S'pore e-commerce set to hit US$883m by 2001
      344 14  -  By. Raju Chellam FUELLED by the local banks, retail and wholesale traders, electronic commerce in Singapore is expected to soar from under US$5 million (SsB million) last year to some US$BB3 million by 2001, according to estimates from International Data Corp (IDC).
      Source: International Data Corp  -  344 words
    • BOOK marks
      • Article
        Chinese chamber's Net conference
        76 14 THE Singapore Chinese Chamber of Commerce Industry will hold its Internet Commerce Conference '98 next week, with a full-day session in Chinese on April 28 and in English on April 29. The programme, which focuses on business uses and ways to create new opportunities on the
        76 words
      • Article, Illustration
        New website lor Asia-Europe trade
        115 14 THE Asia-Europe Meeting D (ASEM) in London recently saw the launch of a new website to promote trade and business ties through the Net among the 26 member countries. The site, known as ASEMConnect, is a product erf the Asia-Europe Business Forum (AEBF) which is
        115 words
      • Article
        Surfing overtakes TV watching: study
        84 14 A NEW study showed that Internet users are spending more time on the Web than watching television. Results from Web Census, a survey conducted by investment firm Hambrecht Quist and Web advertisement network Link Exchange, found that users spent 31 per cent of their time
        84 words
      • Article
        Get your e-mail-by phone
        88 14 AN Internet company e-Now has integrated e-mail with the low-tech telephone. The service allows you to hear your Internet e-mail by phone toll-free from any telephone in the United States at any time of the day. When you call in, the system basically retrieves your e-mail
        88 words
      • Article
        Microsoft the most desirable employer
        72 14 SOFTWARE giant Microsoft has been ranked as the No 1 employer by graduating computer science and engineering students in the US in a recent survey. The survey by Graduating Engineer A Computer Careers magazine and Bernard Hodes Advertising asks engineering students to name their "most
        72 words
      • Article
        Virtual Dancing Baby on commercial
        91 14  -  Compiled by Francis Ang THE virtual "Baby Cha Cha", an animated baby which dances to the beat of a song, is getting a lot of attention on the Net as well as off-line. Not bad for a baby who does not exist physically it was
        91 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      124 14 <§> <© e-business J what's it all about? E-business is what Happens when means enabling your business process to improve customer service, reduce cycle from thousands of companies deliver secure and IU employees, vendors and suppliers. because IBM solutions are scalable and integrated solutions. integrated, every Combining the resources of
      124 words
    • Advertisement
      Page 14 Advertisements Column 2
      5 14 brought to you by ==;£:=s)
      5 words
Page thumbnail Page 15
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon ST Cap more than doubles in 10 days
      274 15 (SINGAPORE] The Singapore Technologies Capital stock has gained as much as 63 cents, or a whopping 140 per cent, in just 10 trading days since the company announced that Ho Ching had taken over as its chairman. Ever since the Finance arm
      Source: Bloomberg  -  274 words
    • Article
      Electronics counters find favour
      374 15  -  Bat they fail to lift Electronics Index or the broader market Byi Annette Pau [SINGAPORE] Electronics stocks yesterday found favour with investors, with some making the top volume and top gainers lists together with selected Singapore Technologies counters. Smaller electronics counters like Aztech Systems, Gul Technologies,
      374 words
    • Article
      Investors bet on ST Capital returning to boom days
      663 15  -  HOCK LOCK SIEW David Boey CONTRA traders must have loved ST Capital's sizzling run on the stock exchange these past two weeks. Ever since ST Capital made known the line-up of its restructured board of management on April 3, the mainboard-listed
      663 words
    • Article, Illustration
      Lock icon Keppel offers to buy slake in US$10b Makati project
      374 15  -  Gronp wants to join consortium undertaking building of 'global city' Frtrm. Al Labita in Manila SINGAPORE'S Keppel Group has offered to buy into a consortium it lost to in the 1995 public auction of a prime 214ha state-owned Philippine property. "Keppel
      FILE PHOTO  -  374 words
    • Article
      C&C aims to be best service provider across industries
      293 15  -  By I Christopher Tan (SINGAPORE] Cycle Carriage is banking on service to give it the competitive edge and seeks to benchmark itself against top service providers in Singapore. In its latest annual report, managing director Cheah Kim Teck said: "We will
      293 words
    • Article
      Lock icon OUB denies foreign bank buying stake; shares up 2.5%
      201 15 Bloomberg [SINGAPORE] Overseas Union Bank Ltd, Singapore's fourth-largest bank by assets, denied speculation that a foreign bank was buying up to 16 per cent of its shares. Speculation of an American bank buying a stake in OUB triggered a 2.5 per
      Bloomberg  -  201 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Cojuangco regains three San Miguel board seats
        502 16  -  Supreme Court affirms lifting of 12-year government sequestration From. Al Labita in Manila TYCOON Eduardo Cojuangco yesterday regained his three San Miguel Corp (SMC) board seats after the Supreme Court affirmed the lifting of their 12-year government sequestration. However, Mr Cojuangco's return to
        502 words
      • Article
        Lock icon Bangkok Bank to sell 40b baht of stock
        556 16 Record Thai sale will beakeytestof investors' confidence Bloomberg [BANGKOK] Bangkok Bank pel plans to sell 40 billion baht (Ssl.6 billion) of stock this week, a record for a Thai company and a key test of investors' confidence in the country's troubled financial
        Bloomberg  -  556 words
      • Article
        Lock icon Sime Darby shares fall on talk bank deal aborted
        207 16 Reuters [KUALA LUMPUR] Shares of Sime Darby Bhd fell heavily in late afternoon trading on speculation that a plan by Rashid Hussain Bhd to acquire Sime Bank Bhd had been aborted, dealers said. "The market fell on talk about the Sime
        Reuters  -  207 words
      • Article
        Lock icon Thai Farmers Q1 profit down 95% on loan-loss provisions
        311 16 Bloomberg [BANGKOK] Thai Farmers Bank said its first-quarter net profit fell 95 per cent from the same period a year earlier, as mounting loan defaults and new regulations forced Thailand's third biggest bank to set aside more loan-loss reserves. After-tax profit
        Bloomberg  -  311 words
      • Article
        Salomon Smith Barney hires ex-UBS staff to boost presence
        399 16  -  By' Wong Wei Kong [SINGAPORE] US brokerage house Salomon Smith Barney has expanded its equities research and sales teams in Singapore and Malaysia, mostly by hiring former staff of Union Bank of Switzerland who lost their jobs following the merger between
        399 words
      • Article, Illustration
        Lock icon Ekran could be paid RM200m for work done on Bakun
        384 16 Auditor verifying amount spent on stalled dam AFP [KUALA LUMPUR) Malaysia's Ekran Bhd would be paid 200 million Malaysian ringgit (SsBs million) as compensation for initial work done on the stalled Bakun hydroelectric dam project, a report said yesterday. The
        AFP  -  384 words
      • Article
        Lock icon Bank seeks SCK Group's wind-up over RM1m debt
        219 16 Reuters [KUALA LUMPUR] Malaysian national news agency Bernama said yesterday that Multi-Purpose Bank Bhd has filed a petition to wind up SCK Group Bhd over a debt of more than one million Malaysian ringgit (*****,800) owed by three of its subsidiaries. The
        Reuters  -  219 words
      • COMPANY Briefs
        • Article
          Tai Sin IPO 57.3 times subscribed
          48 16 [SINGAPORE] Cable maker and distributor Tai Sin Electric Cables Manufacturer yesterday said its initial public offer was subscribed 57.3 times. There were 7,368 applications for a total of 157.3 million shares. The company had set aside 2.75 million shares for the public.
          48 words
        • Article
          Econ Piling's paid-up capital up $10m
          51 16 [SINGAPORE] Econ Piling, a subsidiary of Econ International, has increased its paid-up capital to $30 million from $20 million. The additional $10 million came from its parent which capitalised a loan of the same amount. Econ Piling is a foundation, civil engineering and building
          51 words
        • Article
          Lock icon Small Thai bank posts 665m baht loss
          91 16 Bloomberg [BANGKOK] Laem Thong Bank pel the smallest of Thailand's 16 commercial banks, said it lost 665 million baht (Ss27 million) in the first quarter, against a profit of 42 million baht in the same period last year. The loss was due to
          Bloomberg  -  91 words
        • Article
          Lock icon Franklin Resources buys 11.2% of SCMP
          53 16 AFP [HONGKONG] US-based fUnd management group Franklin Resources has become the second largest shareholder in Hongkong publisher South China Morning Post Holdings after purchasing an 11.18 per cent stake. It is now second only to Asian tycoon Robert Kuok's Kerry Media, which holds 34.25
          AFP  -  53 words
        • Article
          Lock icon China Telecom a partner in Globalstar
          51 16 AFP [BEIJING] China Telecom has agreed to Invest U5537.5 million (5559.7 million) in the Globalstar satellite telephone network and take up partner status in the Loral-led venture. The company and sister firm China Telecommunications Broadcast Satellite Corp will provide exclusively Globalstar services in China.
          AFP  -  51 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Compaq shareholders sue firm, executives over stock sales
        466 17 Suit claims top officers artificially kept share price high while they sold their holdings Bloomberg [HOUSTON] Compaq Computer Corp and several top executives were sued on Monday by shareholders who claim the company misled them and artificially inflated the stock price while
        Bloomberg  -  466 words
      • Article
        Lock icon IBM earns US$1b despite tough Q1
        277 17 Results hit by strong US$, Asian turmoil, difficult PC market Reuters [NEW YORK] International Business Machines Corp reported an expected decline in income on Monday, as its results were hit by the strong US dollar, weakness in Asia and a dismal first quarter for
        Reuters  -  277 words
      • Article, Illustration
        Lock icon A grand way to relax
        72 17 [COVENTRY, ENGLAND] Barbara Button (lefl) relaxes under the lighting in the tranquility room with volunteer Vera Garrie during a visit to Britain's first "Granny creche" at Peugeot's car plant in Coventry on Monday The industrial workplace day centre is run by the Motor and Allied
        REUTERS  -  72 words
      • Article
        Lock icon Nike sued over Asian work conditions
        139 17 Reuters [SAN FRANCISCO] Lawyers filed a civil suit on Monday charging Nike Inc with lying about "sweatshop" conditions in Asian factories where its shoes are made. The suit, filed in San Francisco superior court, accused Nike of violating California's consumer laws by wilfully misleading
        Reuters  -  139 words
      • Article
        Lock icon Nissan slips another 7.8% on profit slump
        240 17 Bloomberg [TOKYO] Nissan Motor Co shares fell for a second day, hitting their lowest level since 1975, after the company said on Friday its group net profit fell an estimated 79 per cent last year. Shares in Japan's secondlargest carmaker slid as much
        Bloomberg  -  240 words
      • Article
        Lock icon SEC approves controversial phone-taping plan
        280 17 Bloomberg [WASHINGTON] The Securities and Exchange Commission (SEC) approved a controversial proposal to make some securities firms tape their brokers' phone conversations with customers. The plan targets brokerages that have hired a high proportion of brokers from firms that have been disciplined by securities regulators
        Bloomberg  -  280 words
      • Article
        Lock icon Halifax's £1b share buyback
        130 17 Bloomberg [LONDON] Halifax pic chairman Hugh Foulds said the UK's largest mortgage lender will buy back up to £1 billion (552.7 billion) worth of shares. In a statement to the company's annual general meeting yesterday, Mr Foulds said the bank has already bought back 21.7 million
        Bloomberg  -  130 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Travelers beats forecasts with 25% rise in Q1 profit
        482 18 Increase fuelled by 22% gain in income at Salomon Smith Barney nnit Bloomberg [NEW YORK] Travelers Group Inc, the No 2 US financial services company, said first-quarter earnings rose a bigger than expected 25 per cent, led by gains in its
        Bloomberg  -  482 words
      • Article
        Lock icon More supervision of Swiss big banks
        295 18 Move comes as ÜBS, SBC merger raises big banks' dominance Bloomberg [BERN] Switzerland's banking watchdog said it plans to step up supervision of the country's biggest banks as the US$33 billion (5552.8 billion) merger of Union Bank of Switzerland and Swiss Bank Corp increases
        Bloomberg  -  295 words
      • Article
        Lock icon Citicorp earnings up 7% in Q1
        219 18 Bloomberg [NEW YORK] Citicorp, the No 2 US bank, said first quarter earnings rose 7 per cent, as higher profits from corporate banking and trading offset declining income from consumer banking in the emerging markets. Net income rose to US$l.O7 billion (Ssl.7 billion), or
        Bloomberg  -  219 words
      • Article
        Lock icon Euroyen falls on fiscal reform worries
        222 18 SIWIBX Report Reuters (SINGAPORE] Simex Euroyen and Japanese government bond futures (JGBs) fell yesterday on concerns that a proposed revision to Japan's fiscal reform law might give more flexibility to the government to pump money into the economy, dealers said. Japan's Nihon Keizai Shimbun
        Reuters  -  222 words
      • Article
        Futures dip in cautious trading
        160 18  -  MSCX TAIWAN FUTURES Charlie Kuo service dealer, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract dropped marginally, with the April 98 contract finishing down 0.3 points to 336.4 points. Investors appeared cautious about the large April discount to cash which
        160 words
      • Article
        Lock icon Oil firmer as Iraq rhetoric touches nerve
        271 18 ENERGY REPORT Reuters [LONDON] Oil prices gained yesterday after a verbal skirmish between Iraq and the United States over UN arms inspections touched a nerve among apprehensive traders. Benchmark Brent blend for June loading was trading 24 cents higher at U5514.66 a barrel
        Reuters  -  271 words
      • Article
        Lock icon CURRENCY REPORT
        274 18 Reuters, AFP THE dollar dropped sharply against the mark at the end of European trade as a rise in German money supply fuelled talk of higher interest rates there. The dollar lost nearly 1.5 pfennigs. Dollar sales against the mark accelerated after the Bundesbank said German money supply
        Reuters,; AFP  -  274 words
      • Article, Illustration
        Untitled
        1220 18 DtTERBAME CROSS BATES April kj C$ tut ECU FTr On HK$ bUhtaHH Vw Won H Nw S$ tn4 Sir MT$ in N1 881 Antra** 0.921 6.178 0487 3496 1*3 5.033 25.780 50.901 0.855 8.943 2.428 1160 28.803 ***** 1.034 3176 0.966 21.417 ***** 0287 0449 CMMU 1077 5.807 0.632 4.196
        1,220 words
    • Article
      COMMODITY PRICES
      1663 19 MNjMHNMMNMNMNHMMMMMHHMHHHMNaNNNMNMMMMMMMMHMMaHMNINNMNNMMMMmNIMNMNNMNMMMMMMIM SICOM FUTURES Apr 21 TOMER (futures closing m <t IJOpm) ISS1 CONTRACTU cMfc/kq) Close Volume Opto Month High Low Soft (towns) Interest May 98 119.00 2050 Jufl 98 119.75 1750 Jol 98 121.25 2865 Auq 9» 124.25 1665 Sop 98 126.00 1665 Oct/Dec 98 130.50 4650 Jen/Mor
      1,663 words
    • Article
      WORLD STOCK MARKETS
      2219 19 LONDON Maftrtals Nm *f31 Croup 597.400 -1.000 AS Ports 358.000 -0.400 Abbey National 1164.000 -20.000 AMed Domecq 622.000 2.000 Amoc 164.000 unch AM* Croup 211.400 0.200 BATInd S60.000 *10.600 BG Ptc 305.000 0.600 BiCC 156.400 3.400 BOC Group 964.000 *9.600 BR Petroleum 914.000 28.600 BTB 201.600 -0.400
      2,219 words
    • Article
      Lock icon TOKYO
      1607 19 Bloomberg P bum as ♦iaas7 JAPANESE stocks rose after falling on Monday, as an influx of newly allocated public and corporate pension funds gave a lift to financial institutions such as Bank of Tokyo-Mitsubishi Ltd. "A lot of new pension money is coming into the market, and some of
      Bloomberg  -  1,607 words
    • Article, Illustration
      Lock icon HONGKONG
      1474 20 Reuters D Hang Seng -***** STOCKS slumped sharply yesterday on the heels of de-rivatives-linked trading with slim turnover exaggerating the fall, brokers said. The Hang Seng Index dropped 183.37 points, or 1.64 per cent, to 10,968.26. Turnover remained lacklustre. "It is just a lack of interest in the market
      Reuters  -  1,474 words
    • Article, Illustration
      Lock icon CHINA
      585 20 Reuters QShnzheoß Index -103 CHINA'S hard currency B shares slid to a sharply lower close yesterday, pressured by weak corporate earnings, brokers said. Volume expanded, highlighting growing concerns over the quality of China's listed companies, they said. "Annual reports by several B share Arms have let investors down," said
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  585 words
    • Article
      Lock icon TAIPEI
      315 20 AFP HWPMp -«3I TAIWAN stocks resumed their downward trend yesterday, falling 0.8 per cent on selling by margin traders which neutralised bargain hunting, brokers said. "Investors sold holdings which they had bought through margin lending due to shaky market confidence," said Terry Liu of China Securities Co Ltd. A
      AFP  -  315 words
    • Article, Illustration
      Lock icon JAKARTA
      638 20 AFP HOwnptrite Indei -10.45 SHARES fell 2 per cent on closing yesterday following the government's announcement of rate increases in central Bank Indonesia certificates (SBIs), dealers said. A dealer with a local brokerage said it looked as though central Bank Indonesia was trying to absorb all the money from
      AFP  -  638 words
    • Article, Illustration
      Lock icon BANGKOK
      739 20 AFP n SET lain THAI shares edged 0.2 per cent higher at the close yesterday as investors digested first-quarter banking sector profit results, analysts said. The SET Composite Index rose 0.86 points to finish at 435.23. "The market is somewhat insensitive to these bank results and trade was very
      AFP  -  739 words
    • Article
      Lock icon MANILA
      301 20 AFP Q Manila -6J2 SHARES closed 0.2 per cent lower yesterday due to uncertainty over the presidential election. There are fears that it will be marred by fraud or that a candidate perceived as unfriendly towards business will be elected president. The Composite Index fell 5.12 points to close
      AFP  -  301 words
    • Article
      Lock icon SEOUL
      390 20 AFP rlOwpartiliig +3L48 SHARE prices closed slightly higher on the Korea Stock Exchange yesterday on the back of blue chips and large capitalisation shares in afternoon trade. A boost was provided by talk that utility giant Kepco plans to raise its foreign shareholding limit to 3 per cent from
      AFP  -  390 words
    • Article
      Lock icon SYDNEY
      579 20 AFP □AlOrftariw 41 AUSTRALIAN share prices closed 0.2 per cent lower yesterday on a weaker bond market and a negative lead from Wall Street, dealers said. The All Ordinaries Index, fell 6.1 points to 2,866.4. National turnover totalled 302.23 million shares worth A 5859.01 million. The All Industrials Index
      AFP  -  579 words
    • Article
      Lock icon WELLINGTON
      238 20 AFP QWeUmgtoo jjg STOCKS closed down 0.7 per cent yesterday on light turnover worth NZ597.6 million. The NZSE-40 Index lost 16.33 points to 2,310.46. Telecom Corp ended down three cents at NZ$B.Bl and its instalment receipts lost eight cents to NZ$5.O9. Brierley Investments closed steady at NZsl.os.— AFP *fh
      AFP  -  238 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8378 21 mniwrni« ■"•WV I WlWk# COMMMf pr«*Kts IW Lilt Vol Day N«t Cop wm> t— c «n» -000 nm. L— P/I tw 310 MO Ajmomoto 245 -6 7 244 245 13.5 99.3 148 73 Angfcasa M 2.0 129.8 290 123 Apollo Food Hlg 169 -2 7 >65 162 4.S 66.0 3M
        8,378 words
      • Article, Illustration
        Lock icon Shares down on more bankruptcies
        364 21 AFP Q Composite Index -10-31 SHARES ill Malaysia closed 1.6 per cent lower yesterday on news that two more firms were placed in receivership and fears that more may follow suit, dealers said. "Most blue chips saw light selling in late trade but given the
        AFP  -  364 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3520 22 BONOS, LOANS i WARRANTS 1998 Last Vol Day Last Ouata A*« High Law Strvo Company SM »or- COOO) High Law Buyor Mtor Prtca 23.5 9 m 3000 c5.5******6 13.5 unch 15 115 115 13 13 5 20.5 8 3160 *Acar ******1 USS 14 12 13.5 95 8.5 3164 Ac ma
        3,520 words
      • Article
        S'pore Finance wit time is the catch
        188 22  -  WARRANT WATCH By R Sivanithy IT'S been a while since we featured the Singapore Finance warrant, so let's take a look at it now. The warrant has some interesting features, although buyers should take note of the relatively short time left before expiry.
        188 words
    • Article
      CLOB INTERNATIONAL
      2210 22 TYansactiorwlat^^ Or Or m y* On LMtftNt. Mr Ob n W M Cap Hm» Law Una Campany M» COOOI HH» L—r Bwyr hfcr CV W $W 05 28 mi 5000 AIS850C 68 TS 334 74 673 68 MS 34 U U 211 698 655 12.5 ms 5001 AM0850C
      2,210 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6733 23 Transaction date: Apr 21 Or Of M Wt ma Last Vat Day Last Ouata Dt* INv VM Nat Cap A»| HUh Law St Mo Company Sale COOOI High Law jgg Seller Cyr H P/t $mM Price INDUSTRIALS 43 18.5 a 1020 ACE 0ynamics60c.... 28.5
      6,733 words
    • Article
      SESDAQ
      1234 23 Or 0r M wt 1998 Last Vol Day LMl Ouata M« Dtv YM Net Cap Avg Low Wl» CwnMt Mt COOOI W|> U» Bwyw ta*ar tw Pft |wd Ww 134 92 2000 ABRHMgsSc 103 -I 19 103 100 102 103 45 8 ,03 243 76 0 2049 AS Auto
      1,234 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        216 24 Stacks Votuim Brilliant 8c 16.453.000 SingTel 15c 6.353,000 DBS Foreign 6,188,000 STIC 25c 5,776,000 Heppel Land 50c 5,219,000 ST Capital 25c 4.606,000 ST Engg 10c 4,584,000 •Refcapacifk Bh 4,535.000 DBS land 3.884,000 Easyknit HMOc 3.766,000 Stocks DBS Foreign 65,253,773 SPH 32,574,259 SIA Foreign 26,109,387 (JOB Foreign 19,959,648 City Dev 50c
        216 words
      • Article, Illustration
        Market hit by rumours of failed Sime Bank merger
        669 24  -  STOCK MARKET COMMENTARY Singapore bine chips' early gains fizzle ont after sndden sell-off of Malaysian shares By R Sivanithy (SINGAPORE) An early rise in blue chip prices that raised hopes that the Straits Times Industrials Index could register its first gain
        669 words
      • Article, Illustration
        HOT STOCK
        70 24  -  in i ■by Shiv Taneja CITYDEV closed 20 cents lower yesterday at $6.85 on a volume of 2.87 million shares, compared with its 10-day traded average of 1.69 million units. Although the daily and weekly Stochastics are well below the 25 level, the counter can be expected to
        70 words
      • ON THE GRAPEVINE
        • Article
          Millenium Bug top spenders
          118 24 FIXING the Millennium Bug (otherwise known as the Year 2000 project) is big business, with companies having to spend millions of dollars to get their computer systems ready for the turn of the century. Either banks are more aware of the problem, or they are going
          118 words
        • Article
          The third degree
          52 24 ACCORDING to an item in a recent issue of the Los Angeles Times, comedy writer Bob Mills wonders whether the new penalty for a bounced cheque at Citigroup (the merged entity comprising Citicorp and Travelers) will be half an hour in a locked room with a life
          52 words
        • Article
          Fly «on Heinken
          132 24 DRINK up and win one of the 35,000 air tickets to 85 destinations throughout the world as beer maker Heineken celebrates its 125 th anniversary. The 35,000 airline tickets will be the main prizes in a series of Heineken promotions to be held this year in about
          132 words
        • Article
          No dough,no water,no games
          110 24 SPORTS in the region is suffering from the effects of the economic and El Nino crises. Indonesia yesterday cancelled this year's women's open tennis tournament scheduled for May because of lack of money. "The tournament has been cancelled because of a lack of sponsorship," Reuters quoted
          110 words
        • Article
          Whem Windows crashes on Gates
          116 24 EVEN computer mogul Bill Gates has his own run-ins with technology. And this when Microsoft sought to impress on Monday at one of computerland's roost important conventions— COMDEX/Spring '98—with its most userfriendly new offerings. According to Reuters, it was awkward enough when the presenter had
          116 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      112 15 BP* Jit Jmbl A company's strength lies in the Backbone of its staff. A And the secret of the Gamma work more comfortably with the PA 3570 lies in its p*ilt »y»- PA 3>70, and most certainly chroalaad technology with improve your seated posture. Uatloa adjustment featare, which has two
      112 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      319 16 \\m mn mm Hotung Investment Holdings Limited (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hotung Investment Holdings Limited (the Company) will be held at Taipei International Convention Center, Conference Room No. 102. No. 1 Hsin-I Road, Sec. 5, Taipei,
      319 words
    • Advertisement
      Page 16 Advertisements Column 2
      315 16 E-Comm has been defined as a collection (332E5inCE5EE3Ql!9^^9'39E!33£S9fll of evolving technologies harnessed in the State of the Union Address service of business processes that has the what la Tha Market A What-* it la Goino power to transform organisations to meet Mtchael Klllen A Associates fiZZf challenges and hold the
      315 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      146 17 Mystical J pMyanmar 1 l n $688' j L ihtßwrnaimnsof 6edona Hotels j Singapore Airlines Yngoo •Nndih; 4 ■k* P" ce '"eludes: Return airfare, 3 nights accommodation at Sedona Hotel Yangon, daily ■p breakfast, return airport transfers, daily shuttle service to from hotel/downtown, half 3D/2N Extension to Mandalay at $440*
      146 words
    • Advertisement
      Page 17 Advertisements Column 2
      246 17 No Other Airline Unites The States Better From Singapore. \l i fl i W H Northwest direct to .290 cities from WKr Boston TV X m Winnipeg Yor Vancouivr i s -""''il Minneapolis' \j J:'..,. Seatrte St Paul..- Detroit Portland Washington y Sail Lake City sashviUe ;t Des Moines s
      246 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      490 18 The Advisory Firm n t INLAND REVENUE dCDllll&r AUTHORITY Banking Laws, Regulations and t 9,wt i Taxation in Singapore 13 14 May 1998, Orchard Hotel, Singapore Compliance with banking laws and regulations should be a priority for all bank CEOs. It is important that bank personnel are not only conversant
      490 words
    • Advertisement
      Page 18 Advertisements Column 2
      5 18 Call Today For Results Tomonow.
      5 words
Page thumbnail Page 19
Page thumbnail Page 20
Page thumbnail Page 21
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      33 22 Citibank Margin Trading Account. Trade in the Widest List of Marginable Securities. Call 339-7126 Now. THE CITI NEVER SLEEPS Branches at 1 Shenton Wiy 268 Orchard Road 21 Jurong East St 13 www.citibank.com.sg
      33 words
Page thumbnail Page 23
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      347 24 BUSINESS Notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NORHAYATI INVESTMENT PTE LTD (IN LIQUIDATION) Extract of the Minutes of the Extraordinary General Meeting of the Company held on the 15th day of April 1998. The Resolutions set out below were duly passed:
      347 words
    • Advertisement
      Page 24 Advertisements Column 2
      328 24 To advertise call toll-free 1800-741 1883 NOTICE IS HEREBY GIVEN that, I Chan Kok Khuen of Blk 288 Yishun Ave 6 #06-54 Singapore *****8, have applied for a Ist Class Beer House Licence in respect of M/s Uppollo Eating House Pte Ltd located at No: 182 Geylang Road Lorong 4
      328 words
    • Advertisement
      Page 24 Advertisements Column 3
      471 24 M THE MATTER OF THE COMPANIES ACT. CAP.SO AND BARCLAY MARKETMG PTE LTD (Mentors' Voluntary Liquidation) At an Extraordinary General Masting of the abovenamed Company convened and held at 78 Ptaytair Road #07-02, Pak Chong Building. Singapore *****7 on Wednesday. 15 April 1996. the following resolutions were passed: 1. SPECIAL
      471 words
    • Advertisement
      Page 24 Advertisements Column 4
      664 24 THE STRAITS TIMES CLASSIFIED YOUR GUIDE TO MORE PRODUCTS SERVICES [Jgj NOTICE IS HEREBY GIVEN that, I Wang Siew Chuen of Blk 181 Boon Lay Drive #05-472 Singapore *****1, have applied for a Beer House 2nd Class Licence in respect of M/s Her Chong Eating House located at 20 Neythal
      664 words
Page thumbnail Page 25
  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      306 25 Bridge News, Reuter ATLANTIC Panamax rates remained steady but in the east brokers expected rates to continue to ease. Monday proved again a typically slow trading day with most unwilling to commit themselves, preferring to wait for others to set the tone, Clarkson Securities Ltd said in its
      Bridge News,; Reuter  -  306 words
    • Article
      MARITIME STOCKS
      270 25 *ra It *h HI CTTPMUMMUuii —0.65 -0.03 64 ChuanHyp 0.485 -0.01 23 Coot o Investment .0.80 Freight Links 032 unch 437 GSHoidings 0.30 -0.005 8 Hal Sun Hup 0.55 -0.035 128 Hitachi Zosen a 70 -0.015 W7 IMCHoidtag* HK 5.60 Joyolioidtogs 0.52 Jurong Shipyard 8.00 *030 32 KeppeJ
      270 words
    • Article, Illustration
      Lock icon Australian dockers win surprise court victory
      550 25 AUSTRALIAN DOCK TURMOIL Federal court issues interim order for Patrick to reinstate sacked workers [MELBOURNE] The Australian dockworkers union scored a surprise victory yesterday when a court ordered Patrick Stevedores to reinstate 1,500 dockers it sacked two weeks ago. The Federal Court, hearing a
      REUTERS  -  550 words
    • Article
      Intertanko doing good job tackling issues concerning whole industry
      784 25  -  STRAIT TALK By I Seafarer Anybody looking for a quick briefing on the main issues facing the shipping industry right now could do worse than to read Intertanko's newly published Work Programme. Of course the independent tankers owners' group is by
      784 words
    • Article, Illustration
      Lock icon Marine insurers expected to re-look plans for Asia
      607 25  -  Potential for Asian marine insurance market enormous: TDB official By\ Soh Tiang Keng [SINGAPORE] Marine insurers will take a fresh look at their marketing plans to forge closer ties with Asian shipowners and tap the vast opportunities in the region's underwriting market
      FILE PHOTO  -  607 words
    • Article
      International insurer holds first board meeting in S'pore
      221 25  -  By Felix Chan [SINGAPORE] The International Transport Intermediaries Club (ITIC) held its inaugural directors' meeting in Singapore yesterday underscored by its recognition of Singapore as the regional shipping and logistics hub. "Asia is one of the fastestgrowing shipping communities in the world
      221 words
    • Article
      Millennium Bug threatens chaos for shipping: International Group
      435 25 [LONDON] The Millennium Bug computer problem threatens to cause chaos for ship lines and seriously disrupt international commerce if it is not dealt with right away, the International Group of Protection Indemnity Clubs is warning shipowners. Preparing for 2000 is "one deadline
      435 words
    • Article, Illustration
      Lock icon Asia crisis a breeding ground for fraud
      1077 26  -  Cases of delivery without bills of lading are going to Increase massively By. Andrew Craig-Bennett Lloyd's List LET us take a look at the practical aspects of the "economic crisis" in Asia. I am not talking about macroeconomics here, but about the actual
      Lloyd's List  -  1,077 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      354 26 PACE ESP Lines W AM. 3 Ethiopian 6 Accord 8 Ewgreen 6 Ahrenkiel H M Appenship 5 tongSun 8 AsiaOCL 15 Fr '5 I Astro 3 Frt links 16 Austral 9 6 Link 4 Avent 16 G«n*trans 8 B tang Mas 8 Genshpg
      354 words
    • Article
      SHIPPING GUIDE
      17823 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT CTA ETA Advertiser Vessel Voy»g« Telephone ETA ETA Advertiser Vessel Voyage Telephone WW Dast'n Nam* Name Number Number SIN Dest'n Name Name Number Number 26/04 04/05 OOCL NORDWCLLC K1 *5-*****11 A 24/04 04/05 Trltstlno N AUSTRALIA MO 45-*****15 iw irwiiiftf 11/94 25/05 N0PL KWANGTUNG 09S
      17,823 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        712 41 Vms* Voy No Berth ArrNal Departure MtmWnm 802N *j07 Upmsult 21.04/1930 B4"*«9 M J05 Jlonflsio* 22.04/1500 taMMrnt 2 03/98 J02 *ton«ud« 22.04/2300 «1APH98 J01 Mongsid* 21.04/1400 M hrtit *****8 J01 itonqsid* 21.04/M00 M tMtjri I *****8 J01 i\onqs*H 22.04/0700 It 1*5 55 *****8 J01 Moflfsid* 2104/1830 •t 1*8
        712 words
      • Article
        CONTAINER SCHEDULES
        1683 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Manc* litis Ship Voy Mo Etb/Btr Portod From To From A" 0»W OM 24/1600 U 21/1500 2V1659 2V800 2V800 2V899 21/800 2i/i7oo amm amm 2V17O0 22/0699 22 D*X 1 22/0700 22/189 22/MOO 4 22/1200 22/M99 22/1700 •*•2 ioi 24/0700 a
        1,683 words
      • Article
        GLOBAL HOLIDAYS
        202 41 Apr 28 New Zealand: Anzac Day. Apr 27 Australia: Anzac Day Holiday. Apr 28 Brunei: Hijrah. Indonesia: Islamic New Year Mu harram. Malaysia: Muharram. Apr 2* Japan: Greenery Day. Apr 30 Finland: May Day Eve. Netherlands: Queen's Day. Mayl Austria: Public Holiday. Belgium: Labour Day. China: Labour Day.
        202 words
      • Article
        COCKETT BUNKER MARKET REPORT
        919 41 THIS report, oompiled bv Cockett Marin* Oil Ltd. *hows price ran#** in OS dollar* inataad of single price* for a morp oomprebensi ve description at the aaarket Price* shown are baaed on average -tiaed stem Market movement* an indicated. The Cockett Bunker Price Index change and
        919 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        377 41 c«*« HO Mu 968.0 0.7 16.0 0J1 123 0.05 Dfnitr Wtar gwlgw Art UimMum SiMwirt No abow £25 0 0 5 0 10 M/H MO Aw 965.7 0J 15.9 0.06 29 0.03 tin* 360 Mai 992.9 2.0 19.6 0.13 62 0.07 »»/V %H* %u» W mrnt
        377 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Flights over N Korea expected tomorrow
        504 42  -  SIA among 8 int'l airlines to begin flying 43 flights a week over communist nation From P T Bangsberg in Manila FULL commercial aviation services should begin this week over North Korea, slashing the time and costs involved in decades of carefully skirting the
        504 words
      • Article
        FedEx to set up 2 delivery centres in China
        326 42  -  Plans for 6 more such centres in Asia by next year By Marcus Hand [SINGAPORE] Federal Express' (FedEx) logistics, electronic commerce and catalogue (LEC&C) division has signed contracts to develop two Express Delivery Centres (EDCs) in China, and has plans for
        326 words
      • Article
        Lock icon Indon car industry forecasts 75% fall in sales
        202 42 AFP [JAKARTA] Indonesia's automotive industry is projecting domestic car sales to drop 75 per cent this year because of the country's economic crisis, reports said. The weak purchasing power resulting from the rupiah's collapse is estimated to lower car sales this year
        AFP  -  202 words
      • Article, Illustration
        Lock icon Air France plane crashes near Bogota, killing all 61 aboard
        243 42 AFP [BOGOTA] A Boeing 727 leased by Air France crashed near Bogota shortly after take-off on Monday killing all 61 people aboard, officials said. First television pictures showed a scene of devastation, with mutilated bodies and wreckage scattered on a
        AFP; REUTERS  -  243 words
      • Article
        ANA signs bilateral accords with Lufthansa, United
        308 42  -  Ity Felix Chan (SINGAPORE] All Nippon Airways (ANA) formalised separate bilateral alliance pacts with Deutsche Lufthan* sa and United Airlines yesterday, inching closer to a fullfledge membership in the Star Alliance. "Although discussion is premature, we are headed in the direction of participating
        308 words
      • PORT Shots
        • Article
          Lock icon Light rail system for Cebu under study
          104 42 AFP [MANILA] The US government is to finance a feasibility study on a light rail system for the central Philippine city of Cebu, the US embassy here said. The study will be financed by the US Trade and Development Agency and conducted by
          AFP  -  104 words
        • Article
          Lock icon Qantas' international passengers drop
          117 42 Bloomberg [SYDNEY] Qantas Airways Ltd said passenger numbers declined in February with the greatest fell coming from I international travellers. The Sydney-based airline said the number of international passengers carried fell by 6.3 per cent on the corresponding peripd to 521,000. The number of domestic travellers
          Bloomberg  -  117 words
        • Article
          Lock icon Astra's March car sales up
          60 42 AFX-Asia [JAKARTA] Indonesian conglomerate PT Astra International said that its car sales in March this year roee to 4,892 units from 4,157 units in February, but fell from 16,628 units a year earlier. Astra said that industry-wide car sales were 6,588 units in March, down
          AFX-Asia  -  60 words
        • Article
          Lock icon Biman raises domestic fares by 30%
          47 42 Reuters [DHAKA] Bangladesh's flag carrier, Biman Ffnglmtftth Airlines, has raised passenger feres ft* domestic routes by 30 per cent effective from May i, a Biman statement said. Biman operates seven domestic routes with two Fokker-28 and two Advanced Turbo-Prop (ATP) aircraft
          Reuters  -  47 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1620 42 CITY FUGMT ETA FUCHT ET> MMH S0230 1910 V 741 1310 VW742 0905 fantartaai *1845 0450 KL838 2300 1,40 7 J "J* 5 SO327 0755 1_ Mi IU837 1455 NMYd MI893 TIK) HIW4 0715 AacAland N***** 2050 W4285 2045 K4$T 841 1818 $0285 2045 IMstakl AW
        1,620 words
  • Page 25 Advertisements
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      1100 26 1 NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS PWECT TO LA jOWECT SERVICE TO WEST COAST SOUTH AMERICA/ASIA ANOES EXPRESS SERVICE H ww ™®i etdsm I m l noi ok mt ■eocoott vpm I vot Imi jomtmio Imbmvbitmulcmiao to wow aotonwsia wwiM ooaaiMMu
      1,100 words
    • Advertisement
      Page 26 Advertisements Column 2
      60 26 Bknrnn CAPTRANS SHIPPING LTD WEEKLY SINGAPORE CALCUTTA HALOIA SINGAPORE VMia IN VOY OUT VOT CALCUTTA SINGAPORE CALCUTTA MIR EMAD 010EB 011WB 25/04/98 02/04/98 07/04/98 STEAMER FORTUNE 111EB 112WB 18/04/98 30/04/98 Ml NTS: Sm Dragon Shipping Aqwkmi (A Division of Jordino Mofhoson (Singapore) lid) 1 Maritime Square #10-46, World Trad* Contra
      60 words
    • Advertisement
      Page 26 Advertisements Column 3
      674 26 Lines services represented Members 2«©1-) of me Registry of r«j m >l« S*igapore Freight Forwarders Accredited Shipping Agents. Association Singapore Shipping Association Send out 48,000 Place an ad in... SHIPPINGTIMES just t«iii to IB- Iris Um 740 2044 J*n>d Leonq 740 2089 EXPORT 3 x Japan -2 x Hongkong -1
      674 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      975 27 TO EUROPE FROM EUROPE jyissa VOY sm RTM ANR HAM MV SOU m UH pESSft VOT RIM HAM MV SOU FIT UH SIN OK SIM 23/04 16/ OS 13/05 14/05 11/05 OAXUK 6148 04/0401/04 02/04 30/03 23/04 HOi iris 1141 24/04 10/05 12/05 15/05 16/05 HY FEDCBAi 4148 08/04 04/04
      975 words
    • Advertisement
      Page 27 Advertisements Column 2
      1814 27 I HANJIN SHIPPING HANJIN SHIPPING IS) PTI LTD hnp //mm k«t* <om lOOKIMG 37*0735 73/ SALES 37M774 231 DOCUWNI *****71 774 OfIUIIOKS 37*0741 757 MAI* LIM *****55 fAI 777 MM CI NO 1 *********** TO NW USA 4 CANADA USA CANADA* FIX VSI/VOY M UNI MAUL/VOY SIA TIW 081 PPX
      1,814 words
    • Advertisement
      Page 27 Advertisements Column 3
      394 27 FULLY CONTAINIKIIIO DIDICATIP SIKVICiI VtSSfl VOY_ _S|R_ PKG W SW HUG Kl USR PUS 1 I I I MSN l?4/04l 21/04 ■gc UISAN 004S 10/04 11/04 IO4N 71/04 14/04 71/04 30/D4 01/ OS I I jwtiSSHQIN I04l! 101/051 03/05 KMK PUSAN MS* 74/04 01/ OS 03/0S OS/OS 04/QS I KJiITC
      394 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      1434 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MiajrnaUtANEANCANADA VESSEL VOY SIN LfH HTM ANR HAW MV FLX ««a *>Y JID HH SPE FOS VLC MTR TRADE COSMOS WQfiO 241 M 15 05 11 OS 14 OS 15 06 17 M OSfl AMERICA WMKI 8 H MM ttM MM «M MM CHOTANG
      1,434 words
    • Advertisement
      Page 28 Advertisements Column 2
      1450 28 MY ANG Intern*! Web Site hltp: //www. yml.com. Iw TW,C£ wft,CLY fVH,Y "MWMY/bmday VESSEL VOY SIN CMB RTM HAM FXT LEH ANN DOVER BRIDGE ABI6W 24/04 16/05 14/05 13/05 18/05 MING NORTH JBI6W 26/04 13/05 15/05 16/05 18/05 MING STAR ABI7W 01/05 23/05 21/05 20/05 25/05 MING ZENITH JBI7W 03/05
      1,450 words
    • Advertisement
      Page 28 Advertisements Column 3
      432 28 LINE ay JA Til* *****56 FAXi *****12 MUARA j LABUAN 1 vtssii tot (to m vtssa vot nt nt STOCf MUAXA SfORI IBM APR&GUXT VIOI/W 27/04 25/04 AnHIGUXT V1«/W 11/04 14/04 iwosra vui/w »/o« oi/os iwosra viu/w m/w w/oj AfM GUNTT VIII/ 40 02/0$ OS/OS VUI/W 02/0$ 04/05 iftosrot via/w
      432 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      1578 29 VESSEL VOY SIN PQU PKQ PEN BLW SUR DUB BA BIK IRAN VOJDAN PJL 1278 18/04 28/04 IRANQHEYAMAT PJL 1279 23/04 02JW IRAN VAHDAT PJL 1284 12/05 21/06 22/05 IRAN TAKHTI PJL 1288 19/05 28/05 29/05 IRAN TEYFOURI PJL 1287 26/05 04/06 05/06 MALACCA GLORY PJL 1285 I 14/04 I—=
      1,578 words
    • Advertisement
      Page 29 Advertisements Column 2
      1837 29 SAILING I TO SHANGHAI XINGANG J I SINGAPORE'S GENERAL AGINTS: 6 SHENTOH WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) COSTAR SHIPPING PTE LTD #17-08 DRSRLDG SALES/BKGS *****41/43 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (AA) SDN BHD I(R NO: **********0 M TQWIR TWO (*****9) CONVENTIONAL *****50/S5 T/SHPMT DEPT *****25
      1,837 words
    • Advertisement
      Page 29 Advertisements Column 3
      578 29 hi-—, EASTERN CAR UNER, LTD.' -fi.'SSi? 4 1t Eg (Singapore) m ltd ,5T»™: SPECIALIZE IN ROUP HEAVY UffT UFTO 122 TONS ECL (SINGAPORE) PTE LTD LOADING FOR YANGON CHITTAGONG PORT KLANG MUARA/ HONGKONG MV "OCEAN BRAVE" V.B MV "ORANGE SKY" V.Bl ETA SIN 28/04/98 ETA YGN 03/05/98 ETA SIN 28/04/98
      578 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      437 30 EVERGREEN 1 Full Container Service RTW SHIPPING |S| PTE LTD M SIA Agents: GREEN PENINSULA AGENCIES SDN BHD 333 JAIAN BISAR SHAH AIAM 1(1 03 *****66 fAX 03 *****16 SINGAPORE *****8 KUANTAN Til 09 *****66 FAX 09 *****16 BKG DtPT DID *****62 *****63 *****64 PORT KLANG ITERMINAI) Ttl 03 *****66
      437 words
    • Advertisement
      Page 30 Advertisements Column 2
      898 30 Carrier MN CONTVt LINES, INC I~IV/\~ J onNOi imS7aooooi 8»U: (084)*****9 MANILA: (632)*****24 W PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MOM: (61) *****3 KUONNG (062) *****1-3 MANILA GIMOA/BARCILONA/ll HARYI MV "MARTR/YELLER" V.103N MV "MSC SOPHIE" V.9815-3 ETA SIN: 24-4-98 4
      898 words
    • Advertisement
      Page 30 Advertisements Column 3
      359 30 NANTAI LINE FUIIY CONTAINERISED SERVICE TO r MAURITIUS/SOUTH AfRICA VB» I VOT I SRI I PIM I PUR I CPT I R/RAT mmimiKKs wn w* m i7/ps mmi Qua im W/DS iy/05 22/05 24/05 21/05 tmmpttfOß im 17/05 24/05 30/05 m/ 04 mmrug torn 25/05 07/04 11/04 mmvaus im 02/04
      359 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      329 31 BSfl x mm. MYANMA »BBk FIVE STAR LINE (Myanmar National Line) >" Loading for Yangon (Rangoon) VfSSfl VOY SIN PKG PIN PGU PAGAN 2S4W SIO (AGO 101W SIO MAUYSIA AGENTS: SOUSTEAD SHIPPING AGfNCKS Kill: TEI 02-03-*****00 PKL TU 02-03-*****01 PIN: m 02-04-*****02 PGO: HI 02-07-*****21/4 BANK LINE (A service of
      329 words
    • Advertisement
      Page 31 Advertisements Column 2
      1277 31 L HYUNDAI MERCHANT MARINE CO. LIP. [VESSEI VOY I SIN I SOU lIH I SIM I ANT HAM j BRV I FIL 1 IVtSSfI VOY I SOU I LEH I RTM I ANT I HAM I BRV ffl Ml ELBE 303W 23/04 11/05 16/05 13/05 14/05 TYIE 3041 03/04 04/04
      1,277 words
    • Advertisement
      Page 31 Advertisements Column 3
      1067 31 Mm nofwogon specofc/ed ajtoca<nen JIMIWmiHELAiSE/V 1 TP)^Cql(^ mm mwi//v£s TO NORTH AND LATIN AMERICA RORO HEAVYLIFT SERVICE" [vissil VOY RAMP HEIGHT SIM LAX CRL MIA SAV »Al ORF NYC NEW MOB I TAIAIOT FIO9 400 Tom 6.3 M 01/05 25/05 W66 *****" 08/06 10/06 TT7O6 *****" 17/06 19/06 TAMPERE FSIO
      1,067 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      654 32 ANOKOK/LAHi CHABAHO JAKARTA/PAW JA WO VESSEL voy sin bkk lch vessel voy sin jkt pjn SINO OCEAN OCNQ7I In Pt 25/04 XETHA BHUM ***** 23/04 25/04 MATHU BHUM 363N In Pt 26/04 XETHA BHUM 230S 23/04 25/04 BAN! BHUM** 94N In Pt 25/04 26/04 GURU BHUM' 75S 25/04 28/04 MATHU
      654 words
    • Advertisement
      Page 32 Advertisements Column 2
      421 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0208 TEL: *****68 FAX: *****64 TLX R*****6 SINMER fIPfISV CR No: **********0W Receiving Cargo at PTI Bintulu f Mum I vessel vor sin hu vor sm mua IW> V9BOOE 25 26/04 01/05 MM Wo6f I^*23/0427/04 IMM V9MS/E2B 29/04 05/05 MM V9W6E
      421 words
    • Advertisement
      Page 32 Advertisements Column 3
      869 32 1 ACCORD A SHIPPING PTE LTD m: *****15 (40 Line.) FAX *****30 fOtTKIAMC (03) *7)00, I 0««CT ACCISS m *****55 (fXPOOT tOOKINO) P4SM CODAHO (07) U, 1377 *****34 (EXPORT DOC), *****39 (IMPORT) PIHAMO (04) *****44 URL:HTTP://WWW.ACCORD.COM.SG JAMJUtIA (71)440 0770 PORT m sin "port m sin eoit ita sin pout msm
      869 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      364 33 INDONESIA NATIONAL LINE TO EUROPE I HI SEMI-CONTAINERISED SERVICE j "m VOY nfloM lA CAM/H OAM |H BURO I BREMEN I ANTWERP VESSEL «Wll_lU|y H/Q4 27 00 OMIT 2/7 TO AUSTRALIA "I PULL CONTMNW tKWVICI VS. VOY HTBT FRf m «Vo" Mil H4A AOL WE USUQAI VM 004 2M4 SUB
      364 words
    • Advertisement
      Page 33 Advertisements Column 2
      919 33 f PACIFIC INTERNATIONAL LINES (PTE) LTD I *****55? Ka 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I CW NO 100e*****00E I IVttffl YQY m sm STD Ml API ftl PEL "STI I KOTA PERWIRA PWIOO3 2*/4 27/4 4/5 U/S 14/5 17/5 24/5 25/5 I I t"i l/t 3ZEZ
      919 words
    • Advertisement
      Page 33 Advertisements Column 3
      765 33 LvgaatK voy I>N 1 JCD leh ham thp rtm at VILLED'AOUARIUB U39M 21/04 2004 04A» IOW 11/QC IM)6 iS6T~ VMEDgAWTAWO L26W 2004 08/06 11/06 17/06 UK)6 2006 2006 tUU WLLEOCVIROO S39N OiW 13/06 18/06 24/06 26/06 27/06 27/06 26/06 VHXEQgVg-A N2&M 20/06 26/06 31/06 01/06 00/06 0006 04/06 •MJOACCimwOCAWOOTOAU.mcOWTWATIOW.>CAWO<WAVUWtAAWMU«,COytWHAatN,OOTHtN»OWO)AWOOT>ICW EUROPON
      765 words
Page thumbnail Page 34
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      49 35 To retrieve more schedulee, juet follow these simple steps... document 740-6000^^^^^^ tep be faxed sjr fc M the port I your $A&V/m Step key in the four number f M dig** code Key in your Example: fax number To NEW YORK (NYC) 2275 for calls within Singapore Unitßd StQt&S
      49 words
Page thumbnail Page 36
Page thumbnail Page 37
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      906 38 SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARO) TLX: R*****0 CR NO. **********0 D BOOKINGS CALL DIRECT LINE: *****41/43 JESSICA/CELIA/MEI CHAW INTRODUCING OUR SIN PONTIANAK SIN SHUTTLE SERVICE Schedule every 5 days. Maiden voyage starting 25/4/98. vessel 'SINAR SAMBAS
      906 words
    • Advertisement
      Page 38 Advertisements Column 2
      606 38 |#n ENG LEE SHIPPING CO PTE in I M3Cn\ T*<: *****7S I* LJanl Ni: J JOIJi 5 3 269*1 T o»»w nHiiiiim VESSEL VOY SIN ETA SIN ETD DESTINATION DwOoyo 06/98 77/04 73/04 Pefowong/PBaru/Builon Rosmoknwti 06/98 77/04 73/04 Polembong Marco Polo I? 09/98 77/04 74/04 Kuola lunggol Unggul Joyo 05/98
      606 words
    • Advertisement
      Page 38 Advertisements Column 3
      475 38 P^B m FAR EAST 26/04 KEELUNG/KAOHSIUNG 26/04 BANGKOK 27/04 MANILA/CEBU 26/04 JAKARTA/BE LAWAN/SURABAYA 26/04 PORT KELANG/PENANG/E MALAYSIA 29/04 BUSAN 26/04 TOKYO/YOKO/KOBE/NGO/OSA 26/04 HONG KONG i£m CHINA 26/04 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE7UK 26/04 LDN/FLX/LVP/SOU R DM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 28/04 LOS ANGELES/NEW YORK
      475 words
    • Advertisement
      Page 38 Advertisements Column 4
      485 38 rrr« Singa P ore Soviet Shipping WuCo. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTARATU RTUOO7 24/04 02/05 12/06 14/06 TBA 112N 02/05 10/05 21/05 23/05 KOTA RUKUN RKNOOI 11/05 19/05 30/05 01/06 KOTA RATU RTUOO9 15/05 23/05 04/05 05/06 For Booking (Calcutta) Tel: *****45/46
      485 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      919 39 11 ASIA-MEDITERRANEAN EXPRESS (AME)- WESTBOUND SERVICE I VESSEL VOY SIN PIR GOA I VIC I LEH I ANR FXT ypPHIE 9815 3 24 APR 07 MAY 09 MAY 1) AMY 14 MAY 15 MAY 16 MAY MSC MARTINA 98)6-3 02 MAY 15 MAY 17 MAY OMIT OMIT 23 MAY 24
      919 words
    • Advertisement
      Page 39 Advertisements Column 2
      1613 39 I SmiwSwSt OSWAI6 24M2m irL rffi ff ol VKm/VgTMH SOU RTM HAM liH S PQRI KQQt NAGQYA UiMlTy lip.n I NYK SIRRIUS OIWAI7 30.04 14.05 1105 1105 2105 NTK ANTARtS 03U13 29.03 31.03 01.04 04.04 21.04 WO4 28 04 2904 SSnl I NYK ANTARtS 04MU 0715 2105 25.05 26.05 30.05
      1,613 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      426 40 jES9 topa ncER-Linc 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 18* GLORY NAVIGATION GROUP REGULAR UNER SERVICE OWNED AND OPERATE
      426 words
    • Advertisement
      Page 40 Advertisements Column 2
      854 40 I FREIGHT LINKS EXPRESS agmg/r 52 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg CONSOLIDATION SERVICETO THE FOLLOWING PORTS MALTA (MLA), ISTANBUL (IST), IZMIR (IZM), BUINOS AIMS (BUI), SANTOS (SSZ) AND ALIXANDBIA (ALT), XINOANO (HIT). VESSEL no SIN ETA LCB ETA SHA ETA SUE ETA
      854 words
    • Advertisement
      Page 40 Advertisements Column 3
      1061 40 OOCL (Singapore) Pte Lid CFS Keppel Distrpk^ft^ft^]^ 79 Amm Rood #21-04 (5)*****6 «k 513 #01-128 I enquiry YfiV' V\ ÜBJUL a 110 1 "WIOOOOH Tot; 272 7«27 ca u «!J 7. 0 A®/ .2L Tot *****13 Fo« 221 3942 fox: 272 7125 M NOtTN AMIBKA USA/ CANADA <> "aUSTBAUA TO
      1,061 words
Page thumbnail Page 41
  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      139 41 (Regional Weatherf b J v* 25£.—1222 C RB^^r*^iS^i' LEGEND: R Thunderstorm Temperature c A V Shower Weather Wmd direction with speed m knots e Rom \_J Cloudy Sky Wove height Serfoce wmds ore indicated by arrows which Hy with the wind One Ml arde represents cohn or Ugh, and vonoWe
      139 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      123 42 SWI REGISTER NOW maritime asia Pjp TT p- -T and LLOYD'S UST IJ j[ on the internet FREE for four weeks To register simply complete the form below and fax it to LLP Asia on: +852 2854 1538 or fill in the f a i7/\tt registration form at our internet
      123 words