The Business Times, 27 April 1998

Total Pages: 44
1 44 The Business Times
  • 15 1 THE BUSINESS TIMES MIT A (P) 110/12/97 85C SINGAPORE Internet: http://www.asial.com.sg/biztimes MONDAY, APRIL 27, 1998
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  • 57 1 STOCK MABKET INDICES Week Change STD 1,491.28 -23.87 BTSRI 619.01 .10.34 KLSECOMP 635.11 +6.33 NIKKEI 16,***** ...+307.44 HANG SENG. 10,879.93 -121J9 SET INDEX. 424.79 -14.20 JAKARTA COMP 490.48 -17.42 MANILA COUP 2,153.91 -22.19 TAIPEI WH 8,636.11 -89.83 SEOUL COMP 411.63. -30.06 CLSA CHINA B _884.58 -63.56 AUST ALL
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  • 72 1 FOBEX KATES ust s$ USS 1.589 £(US3/S$per£) 1.668. 1649 DM 1.796 0.885 VIM 129.8 1.224* MS 3.763 0.422 HK9 7.750 0.205 BAHT .39.90 0.041 RUP1AH 7500 .0.020* •Sstoloo units PUMEXATES SINGAPORE* 7.79 KUALA LUMPUR 11.50 JAKARTA. .28.00 BANGKOK 14.75 MANILA- 22.90 HONGKONG 10.25 TAIPEI 8.81 SYDNEY 8.45 TOKYO SBOUL
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  • 1014 1  -  Response to fiscal stimulus package will determine PM's political survival From. Anthony Rowley in Tokyo JAPAN may be about to lurch from its present economic troubles and plunge into a political crisis following the announcement last Friday of the largest ever
    AFP  -  1,014 words
  • 575 1  -  Merc S-class sales fall 67%, BMW 7-series down 74% By< Christopher Tan [SINGAPORE] Luxury car sales, which have been rising steadily since the early-*****, have skidded by more than 35 per cent in the first quarter, with official figures showing that
    Source: Singapore Motor Traders Association  -  575 words
  • 1065 1  -  Bat analysts say students still lack a united platform From S N Vasuki in Jakarta THE Indonesian government is bracing itself for an intensification of nationwide student protests this week as street clashes on Saturday heightened concern that the
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  • 57 1 [BEIJING] Regional crises or no, China's companies are raking in business. Here in the capital yesterday, workers were putting up a giant advertising billboard for a local conglomerate. In exports, China's solid first-quarter performance in the face of the Asian crisis has also eased worries of Beijing
    AFP  -  57 words
  • Page 1 Advertisements
    • 158 1 DtSTOE Chipmaker bines Chipmakers worldwide are expected to cut equipment orders by about 12 per cent as the Asian currency crisis kicks in, Pg2 IBM serious about W ft-nnanflgg IBM Corp is going all out to get companies in Singapore and the region to carry out "e-business". It has roped
      158 words
    • 9 1 Stimulus package will wear out in months, Pg 6
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    • 163 1 OUB Credit Link. What you want, when you want it. Ol |> I ft'diti iflk What you want, when you want it. With yl cash resource available at the snap of your fingers, OUB Credit Link keeps you in pace with life. A personal credit line i that allows you
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  • SINGAPORE AT HOME & ABROAD
    • 616 2  -  Move blamed on Asia's crisis and may hamper recovery By Jennifer Lien MORE blue days are in store for the chip industry this year, with chipmakers worldwide expected to cut equipment orders by about 12 per cent as the Asian currency
      Source: American IC Exchange; Source Sen*  -  616 words
    • 381 2 The Straits Times A PILOT project to see if residents' committees will take off among Singaporeans who live in condominiums and landed homes will be launched in June, in eight private estates. Neighbourhood committees (NCs), similar to the RCs in Housing Board estates, will be
      The Straits Times  -  381 words
    • 314 2  -  EYE ON THE ECONOMY Construction By) Diana Oon THE pace of construction progress payments slowed in the first two months of this year to an average of 5.8 per cent a month, down sharply from the double-digit growth seen most of last year, latest figures from
      Source: COB  -  314 words
    • 654 2  -  The homegrown clothing maker bft* ventured into China By< Carol Eng HOMEGROWN clothing manufacturer Crocodile Holdings, best known for its men's singlets and briefs, wants an image change. It now wants to be known as a complete lifestyle apparel company. While Singaporeans may still
      CHRIS LOH  -  654 words
  • Page 2 Advertisements
    • 245 2 under favoured instructions from Price Waterhouse Intrust Limited, the Receiver and Manager mandated by the creditor bank to realise the Sh. Sameyeh Pte Ltd Collection which includes Museum Level examples, Mr Bruce Granger will conduct AN IMPORTANT EXTRAORDINARY (RESTRICTED) AUCTION HIGH INTERNATIONAL STANDARD exceptional and rare items seldom offered in
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    • 96 2 Best Golf Cruise Offers Pamper yourself with a well deserved break. Play golf at Taring Bay aviso onboard M/V leisure World Prim: Ssl6B (men) Ssl4B (ladies) (Both packages include all golf arrangements, meals nite's stay onboard M/V Leisure World.) Pepwtwre doles: May 6th 20th, June 3rd 17th, Call our reservation
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  • REGION
    • 500 3 SUNGEI BESI, Malaysia Led by premier, the team's shopping list includes natural gas and iron mill venture AFP, Reuters TAIWAN Foreign Minister Jason Hu said yesterday a top delegation of officials and businessmen from the island was scouting for investment opportunities
      AFP,; Reuters  -  500 words
    • 136 3 MANILA AFP A JAPANESE firm has abandoned plans for putting up a steel-fabricating venture in the Philippines due to the Asian financial crisis, trade sources said yesterday. Taihei Dengyo has officially informed Manila's Board of Investments (BOI) that it is cancelling its registration with
      AFP  -  136 words
    • 254 3 MEDAN Student body blames police for violence, demands release of 5 Reuters FIVE Indonesian students were taken away by what student leaders said were plain clothes security officials and two others were injured in escalating protests demanding that President Suharto quit, witnesses said yesterday.
      Reuters; REUTERS  -  254 words
    • 284 4 TOKYO AFP [TOKYO] Japan's finance ministry will punish about a dozen officials, including two high-ranking bureaucrats, for accepting lavish entertainment from banks and brokerage houses, reports said on Saturday. The punishment, mostly in the form of pay cuts and reprimands, follows in-house probes after
      AFP  -  284 words
    • 270 4 TAIPEI It says Beijing spent USsloom to lure Guinea-Bissau away AFP AN ANGRY Taiwan said on Saturday that China must have spent more than US$lOO million (*****.8 million) in luring away another of its diplomatic allies and warned that the move could
      AFP  -  270 words
    • 411 4 BEIJING Move to up foreign stake in airlines to 40%, allow role in airport management AFP THE Civil Aviation Administration of China (CAAC) plans to further open up the country's airlines and airports to foreign investors to enhance competitiveness, a senior
      AFP  -  411 words
    • 85 4 [TOKYO] One-year-old Kohei Inami (left), held by an amateur sumo wrestler on Saturday, breaking into tears first to beat fellow toddler Sanshiro Ishikawa during a baby crying contest atSensoji temple in Tokyo. More than 60 toddlers who were born in 1997 participated in the
      REUTERS  -  85 words
    • 296 4 HONGKONG E coli bacteria found in beef and toxic al^i ft in ghftllfigh AFP HONGKONG, still reeling from bird flu and cholera, was yesterday struck by a new food scare as authorities warned consumers to stay away from shellfish and to cook their beef
      AFP; REUTERS  -  296 words
    • 264 4 I NEWDELHI New measures will speed up investment in sector: minister AFP THE Indian government yesterday announced steps to boost power generation and investment in the sector, while the power minister said he was disappointed over the role of the private sector. Power
      AFP  -  264 words
    • 288 4 BEIJING AFP CHINA'S central bank plans to promote the development of small and medium-sized enterprises in a bid to stimulate flagging economic growth, reports said on Saturday. The People's Bank of China (PBOC) will insure more bank loans go to such firms as
      AFP  -  288 words
    • 118 4 BEIJING AFP CHINA'S highest legislative body, the National People's Congress Standing Committee, was set to deliberate yesterday a law amendment to prevent real-estate development from squandering the country's scarce arable land, Xinhua reported. The existing Land-Use law "failed to meet the needs for enforcing land
      AFP  -  118 words
    • 278 4 BOMBAY Central bank's policy statement to focus on growth instead Reuters DEREGULATION of India's banking sector is likely to be a low priority in the Reserve Bank of India's credit and monetary policy statement to be released this week, bankers said yesterday.
      Reuters  -  278 words
  • Page 3 Advertisements
    • 400 3 The Success Of Our First Asian Investment Conference Was Made Possible By The Following Corporate Participants: Adv.meed Semiconductor Engineering Inc Hyundai Heavy Industries Asm Pulp and Paper Co Ltd The Indian Oil Corporation Ltd Ayala Corporation The Industrial Credit and Investment Corporation ot India ltd Ayala Land. Inc John Swire
      400 words
    • 4 3 V >N l-ci I'
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  • Page 4 Advertisements
    • 96 4 I WORLD WIPE II Since 1975 our worldwide staff of over 275 multi-disciplined professionals I I including lawyers, chartered accountants, chartered secretaries and I I bankers have provided confidential and cost effective company formation I I in all the major low tax areas including: I Full professional after sales service
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    • 49 4 A leyellwdNrt A |xp#rießC» at Seottswaik tndtox 0*» V m Executive Set Lunch at $l3pO-^. Special Rrmpotou top the Mm& of iNIJC, *s«*liadlte« LJvtf **juciatK nightly flvm ittia to ferromk you whk you dne One of Tollers best tOOtetnrants #01 03. Scotuwalk 25 Seotts Road. Singapore 22X220 Tel: *****40
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    • 27 4 Feeling out of your 4epth O when it comes to q aquarium care o Keep afloat with Aquariums, every Saturday in The Straits Times O Classified, q
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    • 20 4 today \3uanhe Zaobao i I Bina I"v not hard to MAKE DECISIONS n Ju'n t'/<>(! KNOW WHAT YOUR VALUES ARE
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  • Page 5 Advertisements
    • 156 5 British Racing Green. When colours really matter, the A 936 takes the lead. Catch a glimpse of our dream machine's consistently lush colour prints, and you'll And it does so at a speedy nine copies per minute, delivering razor-sharp, 400 dpi be drooling with envy. prints from Mac or PC
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  • MARKETS IN TURMOIL
    • 266 6 Bernama [KUALA LUMPUR] Deputy Prime Minister Anwar Ibrahim said on Saturday the government would take into account the track record of companies in discharging their social obligations when giving them financial assistance during the current economic slowdown. "If they have helped
      Bernama  -  266 words
    • 389 6  -  From. Jennifer Veale in Seoul RESURGENT unemployment in South Korea is raising the spectre of a labour crisis, with the jobless rate reaching a 12-year high and restive unions threatening massive strikes. In the first three months of the year, nearly 750,000 Koreans lost
      AFP  -  389 words
    • 481 6 Gloom will return to Agian markets when next tank&n survey shows bleak outlook Reuters [HONGKONG] Asian markets will find Japan's 16.65 trillion yen (*****.7 billion) economic stimulus package reassuring for a few weeks, but gloom will resurface when the next tankan
      Reuters  -  481 words
    • 318 6 Move by consortium led by Loral will ease load on Seoul groups AFP [NEW YORK] Billionaire investor George Soros has agreed to buy a stake in the Globalstar satellite communications system, in a move that eases the burden on cashstrapped South Korean firms in the
      AFP  -  318 words
    • 453 6 Impact of Asian crisis will be felt later: analysts AFP [BEIJING] China's solid firstquarter export performance in the face of Asian financial crisis has given Beijing respite from pressure to devalue its currency, a senior Chinese economist was quoted yesterday as saying.
      AFP  -  453 words
    • 361 6 But S-E Asia's long-term outlook far from bleak, it adds AFP [MANILA] The Asian financial crisis is expected to cause world economic growth to fall to only 2.6 per cent in 1998, the Asian Development Bank (ADB) said in a
      AFP  -  361 words
  • Page 6 Advertisements
    • 116 6 In business, being at the right place at the right time with the right crowd is critical. Our Special Features can help you get there. The right place,- because the editoral focus complements your advertisement. The right time,- because our special features are specially planned to coincide with specific events,
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  • Page 7 Advertisements
    • 125 7 jwf'i Mr \*L// i I /Mm umu «r Banyan Tree Phuket winner' Best Resort Hotel 1998 1997 Travel Awards For the second consecutive year, Banyan Tree Phuket has won the 'Best Resort Hotel' 1998 Travel Awards, honouring the most Outstanding Organisations in Asia Pacific's Travel Industry. An honour that shows
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  • THE WORLD
    • 315 8 BAGHDAD AFP IRAQ insisted yesterday that the United Nations open a debate on lifting economic sanctions and warned that a Russian proposal to declare Baghdad free of nuclear weapons was not enough to avert a new crisis. The UN Security Council is
      AFP  -  315 words
    • 147 8 Moscow Reuters RUSSIA'S Communist Party, the dominant force in the lower house of parliament, faces a new schism after a humiliating vote on Friday in which it failed to block President Boris Yeltsin's nominee for prime minister. After a month-long battle with Mr Yeltsin,
      Reuters  -  147 words
    • 158 8 KUWAIT CITY AFP KUWAIT is under the threat of "economic catastrophe" because of weak oU prices, OU Minister Saud Nasser al-Sabah warned yesterday. "We are currently seUing at a price of US$lO.5O a barrel. Kuwait wUI be faced with economic catastrophe if
      AFP  -  158 words
    • 78 8 pic [LONDON] Budding young pilots and aspiring cabin crew members were among a stampede of more than 10,000 job seekers who queued to attend a huge British Airways recruitment fair in London on Saturday. Thousands of people turned up, CV in hand, to
      AFP  -  78 words
    • 550 8 GENEVA US sets out stance after Canada proposes interim accord on issue Reuters THE United States has told other members of the World Trade Organisation that it wants an accord within the next month to ensure commerce conducted entirely over
      Reuters  -  550 words
    • 285 8 FRANKFURT It warns against cutting term of Euro Central Bank chief Bloomberg THE Bundesbank threatened to withdraw support for the single European currency if the term of the European Central Bank president is cut as a compromise, the newspaper Bild am Sonntag
      Bloomberg  -  285 words
    • 302 8 GAZA CITY Ex-PH says 2 states is only solution after meeting with Arafat AFP FORMER Israeli prime minister Shimon Peres called for the creation of a Palestinian state by May 1999 after talks here yesterday with Palestinian leader Yasser Arafat. "We have
      AFP  -  302 words
    • 434 8 BRUSSELS China, Russia will stop being 'non market economies' Reuters EUROPEAN Union foreign ministers are expected to approve a change this week in the bloc's anti-dumping policy towards China and Russia to reflect market reforms in both countries, according to EU
      Reuters  -  434 words
    • 181 8 WASHINGTON AFP FIRST Lady Hillary Clinton was questioned under oath for five hours by members of a special counsel investigating the Whitewater affair, the White House said. The Saturday testimony came as a May 7 deadline approached on prosecutors investigating the Arkansas phase
      AFP  -  181 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
    • 122 9 A L ■|UI|hWI|B BB^B 20,000 tests by an independent and international group prove that Sing Tel Mobile gives you the best coverage in Singapore. Afakufy Cowdf In 3,030 randomly picked indoor and outdoor locations including basement carparks, lifts, tunnels and expressways, 1 /VTV\ 1 Sing Tel Mobile surpassed worldwide standards
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  • BUSINESS IT
    • 600 10  -  It is already working with Creative Technology, NTUC Fairprice and others By 1 Toh Han Shih [SINGAPORE] IBM Corp is going all out to get companies in Singapore and the region to carry out "e-business", the computer giant's term for
      600 words
    • 527 10  -  Watchdog group says piracy could undermine merits of e-commerce By\ Raju Chellam [SINGAPORE] The biggest threat to business over the Internet is not the lack of sufficient bandwidth or even the lack of security for electronic commerce transactions but that old bugbear, software
      527 words
    • 478 11  -  Fastest-growing line makes np 20 per cent of business in Singapore By Kenneth James [SINGAPORE] Epson Corps business projection:; v e rosier, thanks in no small measure to surprise, surprise its multimedia projectors, which have quickly become the company's fastest-selling product line both in Singapore
      478 words
    • IT TAKES
      • 70 11 [SINGAPORE] Digital Equipment Corporation has announced it will invest over US$lO million (SSI6 million) this year in Asean to strengthen its workforce and implement new information infrastructure throughout the region. The investment is targeted at the multivendor customer services (MCS) unit of Digital. Digital's
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      • 116 11 [SINGAPORE] Local firm IntreSource Systems will take part in the Video Conferencing Pilot project in Singapore ONE. IntreSource will supply its Alaris DVCI (Desktop Digital PC Camera) which enables users to create and send video e-mail, and convert video clips for posting on Web pages
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      • 27 11 [SINGAPORE] French software firm Ilog will provide a preview of its latest technology and products on Wednesday at 1.45 pm at the Westin Hotel.
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      • 34 11 [SINGAPORE] Ernst Young is organising a seminar titled "Things they never tell you when you buy enterprise software" on Thursday at the Marriot Hotel For details, call Eleanor Oh at *****21.
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      • 44 11 [SINGAPORE] Fujitsu will sell and support the Sun Solaris Unix operating system on Intel hardware. The first shipment of Solaris on Intel systems is expected in the second half of 1998 and will focus on Japan and Asia.
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      • 51 11 [SINGAPORE] Oracle Systems has appointed a new South-east Asia managing director, Keith Budge. Formerly Oracle's Vietnam managing director, Mr Budge will assume responsibilities for the company's 200-strong South-east Asian staff based in Singapore. Mr Budge will report to Loke Soon Choo, Oracle South Asia managing
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      • 54 11  -  Compiled by 1 Toh Han Shih [SINGAPORE] Microsoft is holding its Professional Developers Conference, a two-day conference to equip local software developers with the tools to create software applications on Tuesday and Wednesday at the Pan Pacific Hotel. For more information, call Carolyn Oei of AideA Publicists
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    • 311 11  -  By] Raju Chellam [SINGAPORE] International Business Machines Corp will work with Intel Corp to optimise Big Blue's Java-based business software on Intel's microprocessors. By mid-1999. IBM will release its Java Web for Business (JWB) software that will run on Intel's chips
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    • 311 11  - Watch for it DeCaf makes Java a safer brew Kenneth Goh ISINGAPORE] Take the "caffeine" out of Java. The result is deCaf. a home-grown soft ware tool to give added protection to the popular programming language. Developed by the Java Competency Centre (JCC) of Singapore's Kent Ridge Digital Labs (KRI)L)
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    • 452 11  -  It plans to upgrade its flagship Mammoth tape drives n>t Kenneth Goh (SINGAPORE) Tape storage major Kxabyte is moving to upgrade its flagship Mammoth tape drives to stave off strong competitors in this niche market. Exabyte chair man. president and CEO
      452 words
    • 517 12  -  US Govt Securities Clearing Corp may be showcase for NT's mission-critical capabilities By. Raju Chellam [SINGAPORE] While most large enterprises still shy away from migrating their key applications to Microsoft's Windows NT, one of the world's most "missioncritical" agencies has taken the
      517 words
    • 598 12  -  Kau Yi Kang [SINGAPORE) A locally designed 3D mould design and assembly software, which is able to shorten mould design lead time by up to 70 per cent, could give a significant lift to the local plastic mould design industry. Intelligent Mould Design and
      598 words
    • ON THE SHELF
      • 77 13 lOMEGA Corp has announced its Jaz 2 GB drive and 2 GB disks (above), its highest-performance storage solution so far. The drive operates at a maximum transfer rate of 8.7 megabytes per second, "fast enough to deliver full-screen, full-motion video", the company said.
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      • 59 13 COMPAQ Computer Asia has introduced two new monitors. The TFT4SO flat panel monitor offers a 14.5-inch viewable active matrix liquid crystal display, wide angle viewing, standard VGA connection, and is priced at $2,642. The P75 CRT monitor offers a 17-inch display, a flatter CRT tube, improved
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      • 81 13 DIGITAL Equipment Singapore has announced price cuts of up to 41 per cent on its PC 3000 family of personal computers in a bid to "take a price leadership role in capturing a bigger share of the PC market". The price cuts are mainly
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      • 62 13 MCGALLEN and Bolden Singapore have launched an integrated networking solution based on the Cobalt Qube microserver, catering to multiplatform environments such as Win 95, Win NT, Unix and the Macintosh. Aimed at workgroups, branch offices, Internet Service Providers, Web developers and educational institutions, it supports
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      • 76 13  -  -Compiled by! Raju Chellam NOVELL Inc's NetWare for Small Business 4.11, an enhanced release of its network server platform, is available now. New integrated components of the product include Novell's Group Wise 5.2 e-mail and collaboration solution, Netscape's Fast Track Webserver, and Computer Associates' fax,
        76 words
    • 397 13  -  Two servers, the Netfinity 3000 and Netfinity 5500, will sell here in Jnne By' Toh Han Shih [SINGAPORE] IBM has announced a range of products to help companies conduct electronic business (e-busi-ness) over the Internet. In June, IBM will start selling in Singapore two servers,
      397 words
    • 310 13  -  By\ Kau Yi Kang {SINGAPORE] The fast expanding multimedia projector market saw two new entrants last week Epson introduced the EMP-7300, and In Focus launched the In Focus LPIOOO. Rick Tay, product marketing executive with Epson Singapore, said: "Of all the portable and true extended
      310 words
  • Page 10 Advertisements
    • 358 10 Now IBM products for electronic business, Pg 13 r^TTTtf I'M, 4* I T% '"tei« 400 MHi Pwtww' II Processor I«H ch*»et Minitower case 1 k'S-jfrl [4ffl ll 11'] 1 44M8 15" Diskette Orwe jMwtn/iwturton** -4MB AGP Video Cart with Subwooter System 500* Monitor yy| |rt#f||4 d^^H •uiwrsaisenaißussupport w ne> winam«
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    • 499 10 Customization > A—uraiw Of Quaßry Savtogt A Ordering I FOconfcguradioyour D«l products f*Aj«d are Reductions in component Easy as a phone cofl precis* specifications cowered by a 3-yeor costs are passed on to you 2-L Yoo con even order via limited warranty Our ck>se almost immediately our credit cord-secure relationships
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  • Page 11 Advertisements
    • 83 11 Two new multimedia projectors launched, Pg 13 SolomonlV I B VV B V I VWB9 ia A a i Solomon Software is proud to be associated with Singapore®Work, Saturdays, 7:3opm Discover how Solomon IV can help save COST Register now for our FREE Solution Seminars Visit us at http://www.solomon.com.sg Solomon
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    • 147 11 |4 -f InFocus No.i projector company ht the world y -i f£ "p i '"< < J t- y f foy* InFocus LP42O. The first multimedia projector that's smaller than your briefcase. a Slim, trim and brilliant, the new InFocus LP 420 is the perfect business partner to take to
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  • Page 12 Advertisements
    • 147 12 i•■ M i q i aa h i t? Bp .rr. US i "digital jr SUSP -x-" «§z&zrFor James Cameron's "Titanic", Digital AlphaServer systems ran nonstop for weeks, rendering thousands of frames of complex visual effects beautifully and blazingly fast. If your business could use that kind of speed, power
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  • Page 13 Advertisements
    • 98 13 :'iii^^iiii■iiiiiii-£ It's the most innovative portable paging system around. It weighs a mere 160 grammes and lets you send private text messages to any alphanumeric pager using a telephone line. And because it supports IDD, you can use it anywhere in the world to page anyone in Singapore. At just
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  • EXECUTIVE LIFESTYLE
    • 775 14  -  Teenage girls all over the world are squealing. maureen dowd tries to decipher tne mystery MAUREEN DOWD NYT IT WAS an embarrassing week. I had to go to the drugstore to get US$lO (Ssl6) worth of Clearasil Maximum Strength Vanishing Cream. (This job is
      NYT; FILE PHOTO  -  775 words
    • 458 14  -  MUSIC The audience heard gnest cellist Arto Noras in not one but two full concert pieces By] David Chow [SINGAPORE] Last Friday's Singapore Symphony Orchestra concert was a double treat of two guest artists and two solo works. As both artists' training stemmed from
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  • Page 14 Advertisements
    • 302 14 BUSINESS NotiCeS To advertise ca toll-free 1800-741 1883 THE COMPANIES ACT, CAP. 50 KENGSON HOLDINGS PTE LTD (In Liquidation) At a general meeting of KENGSON HOLDINGS PTE LTD duly convened and held on the 22nd day of April, 1998 the following special resolution was passed: SPECIAL RESOLUTION That the Company
      302 words
    • 392 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO F.T.S. ENGINEERING PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 22 April 1998, the following resolutions were duly passed1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up voluntarily pursuant to
      392 words
    • 326 14 NOTICE IS HEREBY GIVEN that, I Teo Oh Loon of 14-A Jalan Kuras Singapore *****8, have applied for a Ist Class Public House (Extended) Licence in respect of M/s Tang Sen Village Seafood Eating House located at 2 4 Jalan Leban Singapore *****7, and that this application will be considered
      326 words
    • 591 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SMITH CORONA SERVICES PTE LTD (IN LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Chapter 50. that the final meeting of the members of the abovenamed company will be heid on
      591 words
    • 698 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF IMBEMA PACIFIC SINGAPORE PTE LTD (IN UQUIOATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Chapter 50. that the final meeting of the members of the abovenamed company will be held on
      698 words
    • 114 14 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, SIEW LEE JIN of 11, Elias Green #07-06 Singapore *****4. have applied for a Beer House, second class Licence in respect of M/s Premier Thai Traditions Restaurant Pte Ltd located at 54 Sembawang Road, #01-01 Hong Heng Mansions Singapore *****5, and
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  • Page 15 Advertisements
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  • Page 15 Miscellaneous
    • 874 15 TV&RADIO 0-00 News 5 Today Followed VMWtl* ■uir^ra^ By Wheel Of Fortune. 9.00 AMCDIS 2.30 PM TV Innovations. 630 The Pyramid Game. 10.00 TV Shopping Network. 4.00 Kidz Blitz: Classic 7.00 News 5At Seven. LOO PM TV Innovations. Speed Racer. 7.30 Sabrina The Teenage 3.00 CDIS. V 4.30 Lassie's Rescue
      874 words
    • 305 15 CBTPTIC CROSSWORD 1 Relation found in a semi-reli-gious order? (4-7) 9 Haricot bean, for example, not for a starter (3-6) 10 Form of penicillin? (5) 11 Replacing last of the footlights It passes for accommodation BL— 13 Released or shot (3,3) 18 Sheridan's captain bales out when in trouble (8)
      305 words

  • Page 16 Advertisements
    • 483 16 J> "."f wPsw|*3«?K i 3"> T v Mfr&j vffe •;*s■<•-■„ /Jf# *e--18|r.| f sW#2« v- ->> ■•?:gsffifer'T M y.&;&Sg.A! r*£afffc* -*V .fflpr:-. V _jm $3§3BP&£ jm i i f"JfMfriT Fnini -im m ■^MBWfc:- o AHQ' \'S g > 'wf^SfirlllHm 'AT l s *y&# fc < pf TIHIO I©# 8 J
      483 words

  • COMPANIES & MARKETS
    • 601 17  -  Deterioration in quality of companies reinforces apathy of institutional buyers w Wong Wei Kong [SINGAPORE] The universe of large and liquid stocks available to institutional investors in Asia has shrunk dramatically and is reinforcing growing apathy towards regional equity markets, fund managers
      601 words
    • 195 17 [SINGAPORE] Improved vessel utilisation rates and lower interest expenses helped listed tanker fleet operator Ming Wah Universal (Bermuda) Co Ltd to raise net earnings for the year ended Dec 31,1997, by 9.2 per cent to US$l3 million (5520.6 million). But turnover growth was
      195 words
    • 803 17  -  HAJfG SENG INSIGHT The chairman has been selling his stock at a poor price By Quak Hiang Whai WHAT happens when the chairman of a company sells his own stock at a poor price and in large volumes? Well, one can only expect mostly bad news
      803 words
    • COMPANIES
      • 972 18  -  COMPANY PROFILE: ST Computer Systems and Services New CEO aims to raise revenue to $lb in five years, with profit growing 25% By. Annette Pau [SINGAPORE] ST Computer Systems and Services has a new man at the helm and he is charting an
        Source: Bloomberg  -  972 words
      • 357 18  -  But company says profit will not match last year's By' Ven Sreenivasan [SINGAPORE] Mainboardlisted Inchcape Motors expects to remain profitable this year but its performance will not match that of 1997. In its latest annual report, company chairman Thai Chee Ken said
        357 words
      • 297 18 Beijaya stalwart was also linked to Transwater, others Bernama [KUALA LUMPUR] Prominent businessman Wan Adli Wan Ibrahim died at the Pantai Medical Centre here yesterday after slipping into a coma following an operation for sinus complications. The 57-year-old corporate leader passed away at
        Bernama  -  297 words
      • 463 18 Restructuring, asset purchases expected to boost results Reuters (HONGKONG] China Everbright Ltd is seen posting positive nine-month results in 1997, tapping benefits from a restructuring of its retail operation and aggressive asset purchases made last year, analysts said. Alex Fan at HSBC James Capel
        Reuters  -  463 words
      • 314 18  -  New Keppel Cebo Shipyard nnit to take over shipbuilding From, Al Labita in Manila THE Keppel Group, the largest Singapore investor in the Philippines, is rationalising its property and shipbuilding businesses here. It plans to put the shipbuilding operations of listed Cebu Shipyard
        314 words
      • 246 18 Deal will make Acer one of world's top 5 computer makers IHT [BANGKOK] Taiwan's computer giant, Acer Inc. is set to penetrate the European PC market by acquiring most of Siemens AG's personal-com-puter unit. Acer is to purchase the manufacturing operations of Siemens Nixdorf
        IHT  -  246 words
      • 199 18 Bloomberg [WOLFSBURG, Germany] Volkswagen AG will raise its bid to as much as 1.7 billion deutschemarks (Ssl.s billion) for Rolls-Royce Motor Cars Ltd after a first offer was topped by Bayerische Motoren Werke AG, German newspapers said yesterday. Bild am
        Bloomberg  -  199 words
    • FINANCE & COMMODITIES
      • 259 19 Bloomberg [LONDON] Halifax, Britain's largest mortgage lender, may face a lawsuit from 100,000 clients in 46 countries, claiming they were excluded when it distributed billions of pounds worth of stock last year. These depositors were excluded when Halifax became Britain's fifth-largest bank last June,
        Bloomberg  -  259 words
      • 487 19 Proposal for USs7oom in cost cuts will hurt profit growth: Mellon chief Bloomberg [PITTSBURGH] Mellon Bank Corp chairman Frank Cahouet said he rejected Bank of New York's US$23 billion (5534.9 billion) takeover proposal because the resulting cost cuts would eventually hurt
        Bloomberg  -  487 words
      • 145 19 AFP [BONN] Germany's powerful central bank, the Bundesbank, had a 1997 record profit of 23.5 billion Deutschemarks (5520.8 billion), thanks largely to revaluation of its US dollar holdings, according to the German daily Bild Zeitung. No bank spokesman was immediately available to
        AFP  -  145 words
      • 447 19 Bloomberg (BRUSSELS) Gold investors will be reading the tea leaves at a May 2 meeting of European Union governments for signals on how much the planned European Central Bank (ECB) will control gold reserves worth US$l25 billion (*****.5 billion). Any word on the
        Bloomberg  -  447 words
      • Article, Illustration
        1831 19 PRIME LEMPDIQ RATES UMH Siiiill^—i ABN Amre Bank NV 8* A8SA Bank Untried Iw ANZ Banking Group 8 AIM Irish Bank PIC 7* American Express Bank Bl* Aral Banking Corp BVfc Arab Bank PIC 7Vi Asahl Bank Ltd 8'i Ban Hbi Lm Bank 8M 8V* Bmice Commerciaie Italiana 7V« tanca
        1,831 words
    • COMMODITIES & FUTURES
      • 545 20  -  g Tnr Weeklyßoundup Callum Henderson MMS International This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] Despite the fact that the latest Japanese stimulus package is actually considerable, the way the government announces these packages by leaking them
        Source: Simex  -  545 words
      • 798 20 COMMODIT7 Weekly Roundup AFP (LONDON] Palladium hit historic highs last week, approaching the US$4OO an ounce barrier on the back of political turmoil in Russia, the world's main producer. Palladium ended the week at about US$3BO an ounce. Moscow was on tenterhooks all
        AFP; Source: Bloomberg  -  798 words
    • 1729 20 BIC0MPPTPM8 Apr 24 RUNCt (Marts (Ma* «l SJ0*a) RSS1 CONTRACTS cwtsAg) CtoM VotWM Opm MowtH High Low Sott (t—ox) lnHrtrt May 98 117.75 1900 Jon 98 118.50 1750 M 98 t!9 JO 119.50 120.00 150 2715 Aug 98 ***** ***** 123.00 ISO 1515 Sap 98 ***** 123.00 *****
      1,729 words
    • 4984 21 Mat Mm m Meiben P 10c Mm 11 P 3-074 2.142 3.62 4.35 Data TY LY TY LY Ming Wah« Mir 27 P 13.031 ***** 6.79 6.83 r«in»M-f MM (9m) («m» (cti) <ctsJ NatSteel Mm 25 P 56.815 55.337 16.4 17.1 Mat Kap Mar 31 P
      4,984 words
    • SINGAPORE WEEKLY MARKET OUTLOOK
      • Article, Illustration
        165 21 SES SINGAPORE stocks continued to languish in listless trading last week, with the Straits Times Industrials Index (STII) breaking below the 1,500 support to close the week down 1.6 per cent to 1,491.28, a meek technical rebound on Thursday notwithstanding. With no major fresh impetus, local stocks suffered
        165 words
      • Article, Illustration
        104 21 UOB Foreign has fallen more than $2 since late March. A technical recovery lifting the share price to a trading range of above $8 in the near future seems likely. A catalyst for such a rebound could be an increase in banking fees. With a large market share
        Source: Bridge Info  -  104 words
      • Article, Illustration
        84 21 SIME Darby is poised for a possible rebound, with its stock price having seen a severe downward correction in the past two months. The correction was due to the disclosure of how badly its earnings had been hit by subsidiary Sime Bank. However, with the latest announcements confirming
        Source: Bridge Info  -  84 words
      • 87 21 EXPLANATION OF TERMS RSI measures the rate at which prices move. As a rule, an RSI above 80 indicates an overbought condition while RSI below 20 indicates an oversold market. RSI is more effective in detecting divergences (sell signals). A divergence occurs when stock prices make a
        87 words
      • 49 21 They reflect the strength of an uptrend or a downtrend. Two Indicators, %K and %D. are used together. %K is the ratio of the difference between the closing and the low during a specified period and the difference between the high and the low in the same period.
        49 words
      • 128 21 Source: Analysed by Peter Coker. a director of Bridge Int'l Broking The MACD (moving average convergence and divergence) measures the difference between two MAs. The MACD is usually plotted together with a signal line, or an MA of the MACD. Crossovers between the two acts as buy or sell
        Source: Analysed by Peter Coker. a director of Bridge Int'l Broking  -  128 words
    • MARKET REVIEWS
      • 290 22 HONGKONG Reuters HONGKONG stocks should stay locked in a narrow range this week but analysts said bias was negative with the Hang Seng Index likely to take another stab at the 10,800 support level. "Sentiment is rather poor and people are staying away," said Andrew
        Reuters  -  290 words
      • 377 22 High share prices prompt investors to take profit despite good company results AFP BLUE chip stocks took a breather as profit-taking was fuelled by high share prices at the end of a week characterised by the posting of rosy company results. The
        AFP; FILE PHOTO  -  377 words
      • 411 22 LONDON AFP ECONOMIC data pointing to an end to the cycle of interest rate hikes last week was not enough to light up the London stock market, dragged down by weak financial sector equities. The FT-SE 100 Index of leading shares slumped
        AFP  -  411 words
      • 871 22 Q Sydney -12J A HOST of domestic data will stimulate the market in the coming week and further test speculation about an interest rate cut, brokers said. "We expect a week that will test rate cut speculation, put some pressure on the long end of the yield
        871 words
      • 341 22 TOKYO AFP GLOOM should lift from Japanese stocks with a recordbreaking 16.6 trillion yen (Ss2o3 billion) spending package unveiled on Friday expected to fuel a steady rise in the week ahead, analysts said. "The market will respond positively to the package as
        AFP  -  341 words
      • 1766 22 Q Paris -78J4 FRENCH stocks in the coming days will likely be hostage to movements in the US dollar, which dictates the earnings of big exporters like Carrefour and Alcatel Alsthom. The CAC 40 Index finished Friday at 3,783.34 points, down 1.01 per cent from the Thursday
        1,766 words
    • KUALA LUMPUR STOCK MARKET
      • 373 23 AFP n Composite Index +&33 HOLIDAYS this week will bring a hush over the Malaysian bourse, which rose one per cent in the week to Friday, analysts said. The markets will be closed tomorrow for a Muslim holiday and on Friday for Labour Day.
        AFP  -  373 words
      • 8102 23 MMSTtuyj Cmmnmt prefects 1998 Laat Vo4 Day Nat Cap Hl» Low Caaapany Ma W H» U. P/t 310 >80 AJinomoto 245 13.5 99.3 140 73 Angkasa 83 1 99 83 75 1.9 122.4 290 123 A DO Ho Food Mia 182 *3 11 166 161 4.7 64.8 Im llo •CKtSd!:
        8,102 words
    • WARRANTS & OPTIONS
      • 187 24  -  WARRANT WATCH By R Sivanithy IN OUR last column, we reiterated the need to always focus on the underlying share when considering a warrant. With this in mind, today's spotlight is on a stock which has collapsed so much it is now estimated to be trading
        187 words
      • 3775 24 BONOS, LOANS ft WARRANTS wt 1996 Last Vol *o*k Last Ouot* A»q Hlqh Low Stno Company Sal* COOO) High Low Buytr Soltor Prtca 23 5 9 m 3000 m AMOB cS5'*0202t6 .7.. 13 5 178 13.5 12 12 5 13.5 20.5 8 3160 *Ac*r ******1 USS 13 19 12 12
        3,775 words
    • 2464 24 Week ended Apr 24 j MALAYSIAN STOCKS Cr Of 1998 knt Vat Week Lest Quote Dtv Dtv YW Nat M Cap High Law Strvo Company Sata COOO) High Law Buyer S after Cvr P/E $mN "iSs 28 mi 5000 AIS8 50C 68.5 m6 8ti 6&5 69 50 3.3
      2,464 words
    • 6615 25 Or Gr M Wt IMS Last Vol KM LaatOuete W» W* Ytd Cap A»« High Ln StNo Company Sot* COOO) High Low Buyer Seller C vr P 1 *">" "Ice MOUSTRtALS 43 18.5 1020 ACE 0vnamics60c.... 27 -1 465 28.5 26 27 27.5 0.3
      6,615 words
    • 1252 25 er Of mm 1998 Lmt Vat «Mt Last Ouota Mv Mv YM Nat Cap Av* High Law StMa Company St* COOO> Hlfh Law 8wy«< taHar C'vf P/t Jmll Prtct 134 92 2000 ABRMIdgsSc KM unch 47 KM 100 101 105 50.7 103 243 76 2049 AS Auto 10c 183
      1,252 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        416 26 Source: Deutsche Morgan Grentell Research Source: JM Sassoon Stacks volume Easykmt HKtOc 34.672.000 SingTel 15c 34.153,000 TaiSinKk 31,414,000 •Rekapacific B»i 26,382,000 Brilliant 8c 24.147,000 DBS Foreign 19,623,000 •MBf Capital 19,110,000 •Renong Bhd 50c 17,426,000 •M Resources 14,826,000 *Uniphoenix 14,638,000 Stacks DBS Foreign 206,014,351 SPH 156,571,170 S1A Foreign 127,854,213 UOB Foreign
        Source: Deutsche Morgan Grentell Research; Source: JM Sassoon  -  416 words
      • Article, Illustration
        57 26  -  -by Shiv Taneja US dollar-listed Hongkong Land Holdings closed two US cents lower last Friday at US$l.45 on a volume of 3.43 million shares, compared with its 10-day traded average of 3.06 million units. In the near term, the counter will trade sideways, but the medium-term outlook is
        57 words
      • 741 26  -  THE WEEK AHEAD But there are no real reasons to expect it to be sustained and little to suggest a drastic change from past 2 weeks' pattern By R Sivanithy DESPITE some houses sticking their necks out and calling a buy on
        Chart mlo tiom Budge  -  741 words
  • Page 17 Advertisements

  • Page 18 Advertisements
    • 404 18 May 19 This highly practical course will provide an understanding of key financial and related information. It deals with fundamental concepts n a de», concise and Fpo* *4 9Qf) t**w»andatte way. to provide simple financial tools to gauge the financial wel berig of a company. As financial statements are written
      404 words
    • 167 18 9 Fenang Road #04-02 31 Mu kO 31 111 I UmV/111l i i Park Mall, Singapore *****9 Fax: 339 1060 Email: acctancy@ftms-ew.com.sg The Leader in Financial Training ACC A CERTIFIED DIPLOMA IN ACCOUNTING FINANCE The postgradute qualification for non-accounting executives The CDipAF This is a specially designed course for the
      167 words
    • 17 18 The Straits Times CLASSIFIED Where buyers and sellers meet Find a used furniture at a bargain. CATS
      17 words

  • Page 19 Advertisements
    • 338 19 iflf jo Turn a Tro bled Eco m" Cincom Acquire'" is a sales force automation software that < supports activities associated with bidding for and winning The Date: Thursday, April <30,1998 profitable business opportunities. Especially during this j slowdown in business amid the Asian currency crisis, Tfanes 9:00 am to
      338 words


  • Page 21 Advertisements
    • 13 21 Sunday Classified 4 s Clarke Quay riTC Every Sunday, 9am spm 1 1
      13 words
    • 213 21 "uur aaugnter was reumtea witn ner aog on the very day the ad appeared!" Mrs Christine Low... "Business picked up after we advertised in Classified. It really works!"! Trevor Koh... "It's no secret that The Straits Times Classified is the key to our success." Low Kok Meng... "We received quite
      213 words



  • Page 24 Advertisements
    • 59 24 Hello,C.A.T.S.!\ Mkf Wow! I'd like to place an A buyer I love this car V advertisement to J I the very I that I found sell my car... next day. through 'I r vroorT, Buying or selling through rHW ->—The Straits Times Classified is child's Play. v Jf* wl B/
      59 words


  • Page 26 Advertisements
    • 443 26 BUSINESS Notices T° advertise call toll-free 1800-741 1883 NOTICE IS HEREBY GIVEN that, I Ching Boey Loi of 491, Yio Chu Kang Road, #05-08, Seasons Park, Singapore *****8, have applied for a Retail Liquor Shop Licence in respect of M/s Landat's Vine located at Block 4027, #01-243, Ang Mo Kio
      443 words
    • 669 26 C«teh what's «e«i ia fati "THou&l *ypn 1* i* tmkf Cl««#Wt4 this mtktri. Sw/pAy V_ IfeSijsSiaCaMi IJg^l NOTICE IS HEREBY GIVEN that, I Hoong Siew Yin of Blk 8, Telok Blangah Cres #04-157 Singapore *****8, have applied for a Beer House, First Class Licence in, respect of M/s Kang Tai
      669 words

  • SHIPPING TIMES
    • 288 27 Contributed by Simpson Spence Young ONCE more we have no dry bulk sales to report. There were "great expectations" following inspections of a number of modern Panamaxes. However despite offers being made for five vessels, none reached levels which sellers would accept. The Halla Giant (bit 97) declined
      Contributed by Simpson Spence & Young  -  288 words
    • 260 27 Iks '009 n, 14 w CWT Distribution 0.68 unch 3 Chum Hup 0.47 -0.02 30 Cpaca tavastmant .0.80 FNMitUnta 0.31 -0-01 19 08 Holdings 0.315 Hal Sun Hup 0.35 *0.01 30 Hitachi ZOMn 0.695 -0.005 60 IMC Holdings —HK 5.60 JayaHoMngs 0.48 jurong Shipyard 7.80 unch 14 MppJcerp
      260 words
    • 566 27  -  Claimants will seek to subsidise their poorer returns, P and I Club official tells conference By\ Soh Tiang Keng [SINGAPORE] Insurance claims in the shipping industry will be inflated during present times of economic downturn in South-east Asia as claimants seek to
      566 words
    • 278 27 AFP [SINGAPORE] Malaysian, Australian, Singapore and Philippine maritime agencies kept watch yesterday for a missing tanker believed to have been hijacked by pirates, amid reports the ship was sighted, officials said. Malaysia's Maritime Enforcement Coordination Center (MECC) in the naval base
      AFP  -  278 words
    • 94 27 [TAIPEI] Yang Ming Marine Transport Corp, Taiwan's second-largest shipping company, plans to transfer six container vessels to a unit registered in Liberia in a move to launch shipping services via the Chinese port of Shanghai. Yang Ming. 44 per cent owned by the Taiwan
      94 words
    • 763 27  -  DOCKYARD By David Hughes IN the cruise business good reputations are valuable things. They take a long time to build but can be destroyed amazingly quickly. That is why UK-based holiday operator Thomson took some drastic action when it saw the
      763 words
    • 728 27 Whatever decision the High Conrt may make today, It Is the which will determine the sacked dockers' long-term job security Reuters [MELBOURNE] Australia's 1,400 sacked union dockers are looking to the High Court today to give them their jobs back,
      Reuters  -  728 words
    • 815 28 LLOYD'S REGISTER The new tool will help surveyors improve the quality of surveys and produce high-quality structured reports Lloyd's Register Anew, fully computerised and streamlined Ship Survey Reporting System has been introduced by classification society Lloyd's Register. The new Ship Survey Reporting System (SSRS) was developed
      Lloyd's Register  -  815 words
    • 358 28 PAGE ESP lines M ani 3 Ethiopian 6 Accord 8 6 Ahrenkiel 14 Farwide M Appensftp 5 FoongSun 8 Asm OCL 15 FroU 15 ft Astro 3 Frtlinks 16 Austral 9 G Link 4 Avant 16 Gemartrans 6 B tang Mas 8 Gensh
      358 words
    • 16491 36 THEBU SINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advtf»l»tf VMS* Voytgt Ttltphont ETA ETA AdytftHtf V«u# Voytqt TtMpftont Sin Ottt'n s a NumOtf NumOtf SIN Dt»fn s«~» Nama Numtof NumCtf mmmmmmmmmmmmmmmmmrnHmmmMmmmmmmmmmmammmmmm mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 21/04 IS/05 MSCAgy MSC OSAKA 007A 45 *****50 A 28/04 29/OS COSCO VU ME OI23E 65-224*900 To ABIDJAN
      16,491 words
    • SHIPS IN PORT
      • 522 43 Vestal Voy Wo Berth Arrival Departure JarMf M BtP Trior Apr27 JOI alongside 27.04/0200 Ganda 3 04/98 J15 alongside 21.04/0800 Hue! Ac* t J04 alongside 26.04/1700 Idc 1 3/98 J17 Alongside 28.04/2359 Jointdorcas V001 J22 alongside 28.04/1500 Kallen 58 J05 ilonqsioe 26.04/1800 Karyamdahll I J13 alongside 26.04/2300 Nn»
        522 words
      • 1818 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Mane* Ritls Ship Voy No Etb/Btr Ptrtod from _To From XKU IIM 27/2300 U 26/1SOO 26/6M 26/1100 8 26/1500 26/1651 26/1100 a 26/1700 27/0651 27/0*00 21 26/1700 27/0659 27/0*00 AaMNnt OM 21/0700 M 26/8M 26/651 26AM 26/1500 26/651 26/1*00 IA
        1,818 words
      • 195 43 Apr 27 Australia: Anzac Day Holiday. Apr 28 Brunei: Hijrah. Indonesia: Islamic New Year Muharram. Malaysia: Muharram. Apr 20 Japan: Greenery Day. Apr 30 Finland: May Day Eve. Netherlands: Queen's Day. Mayl Austria: Public Hoi iday. Belgium: Labour Day. China: Labour Day. Finland: May Day. France: Labour Day.
        195 words
      • 885 43 THIS report compiled by Cockett Marin* Oil Ltd. shows price ranges in US dollars instead of jingle prices for a more comprehensive description of the market Prices shown are based on average-sized stem Market movements are indicated The Cockett Bunker Price Index change and the individual
        885 words
      • 448 43 Cwftoa 180 Mm 9M.0 0.7 tt.O 0.31 123 O.OS Apr M OMSltT ««ttf MiMm A»h Aluminium S—art No afrOM £25 0 0 5 0 1 0 380 Am 985.7 0.3 15.9 0.06 29 0.03 lua 380 MAI 992.9 2.0 19.6 0.13 62 0.07 AWWI %M/M »M/M
        448 words
    • AIR & LAND TRANSPORT NEWS
      • 460 44  -  Pl&nemaker trims growth forecast for world air traffic to 5% from 5.2% By. Felix Chan [SINGAPORE] Airbus Industrie trimmed its forecast for growth in world air travel and said the Asian market could stay weak for three years, reflecting declining currencies and
        460 words
      • 144 44 [SINGAPORE] Qantas and British Airways will expand their cooperation on the Kangaroo Route between Australia and Britain with the introduction of codeshare services via Bangkok. From May 1, both carriers will market and sell each other's flights between Australia, Bangkok and London. BA will codeshare on
        144 words
      • Article, Illustration
        54 44 [NEW YORK] Northwest Airlines mechanics protesting outside the Northwest Airlines stockholders meeting in New York. The unions say their members took pay cuts and adopted work rule changes in 1993 to help keep the carrier out of bankruptcy, but are still working under contracts that could have been
        REUTERS  -  54 words
      • 123 44 Bloomberg [WASHINGTON] Boeing Co received US$l7O million (***** million) as part of an eventual US$2 billion to continue production of the US Navy Super Hornet fighter jets. The Navy released the initial US$l.3 billion last week after withholding payments last year
        Bloomberg  -  123 words
      • 446 44 Union pilots concerned abont impact on their jobs Bloomberg [CHICAGO] UAL Corp's United Airlines and Delta Air Lines Inc suspended talks on forming a broad marketing partnership after union pilots expressed concern about the possible impact on their jobs, delaying what would be
        Bloomberg  -  446 words
      • 1750 44 OTT 7U6H7 C7* FU6HT no WI740 MIO Amjtardan. K1.S43 0450 (LIU 2300 ItetVal ***** 1S40 T640I 1435 SO343 0735 HMS 2150 WW* W5 M55 MM *W 1335 AT* 2135 Aacklan4 "***** 2050 H***** 2045 Hiroshima $0977 1700 SOT71 0130 ***** 2050 5028S 2045 fee*** W7« U»
        1,750 words
  • Page 27 Advertisements
    • 18 27 Lloyd's Register's new survey system unveiled The new tool will help produce high quality structured reports. Page 2
      18 words
    • 71 27 Asian air travel market may stay weak: Airbus Planemaker trims growth forecast for world air travel to 5% from 5.2%. Back Page <IIV 4 r dm\ ill! |fj|( Wg 4 m IP" '3 m m A ensfi m 1 l//sa Freight "J" Services Pte Ltd war The Global Vision in
      71 words

  • Page 28 Advertisements
    • 1181 28 I NORTH AMERICA < 1 EXPORT 1 I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LA jCTRECT SERVICE TO WEST COAST SOUTH AMERICA/ASIA ANOES EXPRESS SERVICE (H vissa vot itasm hdsm in dm. mm ok m mbocoott wsa vor sm mnimo MMAvtunMA cauao m wwou amtomgasta vawmuiso ssas
      1,181 words
    • 698 28 #Memberso.me KOI-) Memoers Regstry o» Mnl Singapore Freight Forwarders Accredited Shipping Agents uUh Association Singapore Shipping Association Send out 48,000 sailing schedules Place an ad in... Shippingtimes Just talk to us... Iris Um 740 2044 Jarrod Leonq 740 2089 EXPORT 3 x Japan -2 x Hongkong -1 x Manila -1
      698 words

  • Page 29 Advertisements
    • 970 29 TO EUROPE FROM EUROPE VOY SM KTM ANR MAM MV SOU fXT UN I fvBSU VOY IT* A* HAM WV SOU FXT UN Sm| NT MM 3171 21/04 IS/OS 14/05 10/0S U/OS (KM Jl5O 05/04- 07/04 10/04 11/04 2»,04 NT COMMOOOM SITS JO/04 23/05 JO/05 21/05 11/05 THAMES 4151 11/0400/04
      970 words
    • 1610 29 CP) HANJIN SHIPPING ($J m ITO /hmm toouHc 32*0735 237 SALES 12*0714 231 OOQIMtW *****71 274 OfttATtOK 32*024 1 252 MAIN UK *****55 MI 227*40 a* 11 &*****000 M TO NW USA CANADA USA hm w/voT ux Isw I uni muivor [sal n» j out Iw» <* 1■» I m
      1,610 words

  • Page 30 Advertisements
    • 1573 30 DSR-SENATOR UNES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN^CANADA VtSStL VOY SIN LEH HTM AHB HAM BBV RX VESSEL VOY SW JID GIT SfE F0» VIC Mffl CHOYANG ATLAS WMIS 28 M 15 05 17 05 18 05 20 OS 21 05 22 OS SHAMGHAJ SENATOR WMB2I 30 04 11 05 "86
      1,573 words
    • 1450 30 MY MMG YML Internet Web Site http: //www.yml.com.tw fft E-mil Addrew c«ohp72o.yrnlcofn.tw IJJ til Wil'l 111 ll'l I*ll.ULH.tfit;.! Tvwcf wkklywctythursoay/sunday VESSEL WOY SIN CMB RTM HAM F« LEH AMR MING STAR ABI7W 01/05 23/05 21/05 20/05 25/05 MING ZENITH JBI7W 03/05 20/05 22/05 23/05 25/05 MALACCA BRIOGE ABIBW 08/05 30/05
      1,450 words
    • 482 30 UNEg SW A Till *****56 FAXt *****12 v i/Jll IK*] k T i A 1 i i [>] r J A :Vi [H iSI MUARA ~1 1 LABUAN mm. voy rro eta vissa vor rro ra STORE muara sran UN mora viiim m/m oi/os J-wosw vni/w 2»/04 «/os AfMGIOtY VI
      482 words

  • Page 31 Advertisements
    • 1039 31 I VESSEL VOY SIN PQU PKO PEW BLW SUB PUB IBA BIK IRAN VOJDAN PJL 1278 16/04 IRAN QMEYAMAT PJL 1270 23/04 IRAN VAMDAT PJL 1284 12/06 IRAN TAKHTI PJL 1286 10/06 28/06 28 IRAN TEYFOORI PJL 1287 26/06 04/06 MALACCA GLORY PJL 1286 14/04 ACCEPTING CONTAINER/BNEAK-BULK SHIPMENTS TO INLANO
      1,039 words
    • 1772 31 SAILING I TO SHANGHAI XINGANG J SMGAPOItE'S GIMRM AGENTS: »SHWTO*W»Y TSL 226 1900 FMfcMMIM OUTWMOH/l) 4205«02 COSTAR SHIPPING PTE LTD #17-01DRSIIDG SAUS/IKGS *****41/43 INWARD DEPT (D/ 0) *****55 COSTAR AGENCIES (M) SDN BHD c»Nftii7»yawoS Yomtnom™) cowviktiohal 8 4205«50/ss T/SHmTDEP^^^ttSM^ELOM^ vstyvor [WH KE W (U MO UN QM SK VSI/VOT SHI
      1,772 words
    • 573 31 \ir—, EASTERN CAR LINER, Ife Ea (SINGAPORE) PTE LTD I SPCOAUZI IN ROUP* WAVY UTT UTTO 122 TOOK ECI (SINGAPORE) PTE 110 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 ETA PKL 29/04/98
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  • Page 32 Advertisements
    • 1300 32 EUROPEAJK/SCAHOIHAVIA/fIHIAHD/RUSSIA SGP RDM ANW HB6 TMP ZEE LHV LHV THP RDM ANW HBG PH. SGP E RENOWN RW-028 02AM 20/09 29/09 21/06 23/09 24/05 C. REACH RE-011 04/04 NAM 09/04 JW 09,04 01/09 03/05 E D/UNTY RW-005 09*5 29/09 03AM 30/05 01/00 02AM 03AM 6ALLANT RE 099 13/04 15AM 14AM
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    • 903 32 U A« MAC-MELs S PORE M'SIA Carrier: MN CONTR LINES, INC I IY~/\ I c* NO* ISOOCTOOOOOO SIBU: (084) *****9 MANILA: (C 32) *****24 J W PENANG: (04) *****36 BANGKOK: (882) *****87 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKT: (21) *****07 MOW: (81) *****3 KUCHXO (082) *****1-3 MANILA GENOA/EAKCILONA/LI
      903 words
    • 384 32 /CZ nantai line FULLY CONTAINERISED SERVKE TO MAURITIUS SOUTH AFRICA vtssa I vot I sw I puj I put I err I i/mv NAMAJfRRKESS ».0?1S 30/ M 14/05 17/05 miUIQUKN V.027S 09/05 17/05 72/05 ?t/05 W/05 NAOTAIMAGON V.OOtS 17/05 74/05 30/05 03/06 WimPMKE YO27S 75/05 07/06 11/06 mmivtms torn 02/06
      384 words

  • Page 33 Advertisements
    • 367 33 I BSA .i. MYANMA VHUMk FIVE STAR UNE r (MyflWMr National Um) Loading far Yaigoa (Ronjoaa) VBSa VOT S* KG PIN PGII ■AGO 101W SIB ■EMU 143W 17/04 MAUYSU AGENTS: OOUSTIAD SMPfMG AGOKKS MIL m 02-03-*****00 PKL- TU 02-03-376*101 POt IB 02-04-2****** PGO: TE 02-07-*****21/4 BANK LINE (A Mnhi «f
      367 words
    • 1156 33 A. HYUNDAI MERCHANT MARINE CO. UP. Ivraa dot sou m mm ant ham mv ihi i sm i -UW-19/M BOSB 3041 10/04 11/04 05/04 07/04 M/M JSfE™ SSw* Ear ss SS* ]kw 00/05 20/05 30/05 M/W 2*/05 HT NKMBSS 3101 11/04 22/04 10/04 21/ M 00/05 as- i MOSa 520W
      1,156 words
    • 891 33 norwegon ipeookzed outooomart ®§®3e wmu/vss TO NORTH AND LATIN AMERICA RORO HEAVYUFT SERV,cr [VESSEL VOY I RAMP HEIGHT iiU LAX CKL IMA SAV Ml Otf NYC NEW HO* UUBOT p»T" 440 Tmh OS "Wos" is/05 02/04 06/0* Tj7oT T776T WoT" TAMPERE FOlO 400lw 6.3 M 08/05 10/0* 19/06 22/06 24/06
      891 words

  • Page 34 Advertisements
    • 686 34 w BANQKOK/UIM CHABANQ JAKARTA/FAWJANQ VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN KITI BHUM" 51N 28/04 01/05 ACX JADE* 19S In Pt 30/04 BANI BHUM" 95N 28/04 02/05 01/05 DEJA BHUM 745S 28/04 01/05 30/04 NANTA BHUM" 391N 29/04 02/05 03/05 MATHU BHUM ***** 30/04 02/05 XETHA BHUM
      686 words
    • 417 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL *****66 FAX: *****64 ■Cj TLX: R*****6 SINMER HfV CR No: **********0W Receiving Cargo at PTI Blltulu 1 1 Muam vissa yov sm m M m ISra MM 75-M/M 01/05 WOK 02-03/05 01/05 I Mo* V9805/E29-30/04 04/05 MM VHO7E 04-07/05
      417 words
    • 816 34 ACCORD SHIPPING PTE LTD E TIL *****15 (40 Lin««) FAX *****30 NMTUAMG (93) *****91 I DMtCT ACCESS TEI: *****5S (IXPOET SOOKINO) RUM CUDAM6 (97) SSI 1377 J *****34 (EXPORT DOC), *****39 (IMPORT) KMAMG (94)*****49 J URL:HTTP://WWW.ACCORD.COM.SO IAKAKU j (11)*****79 WWW POtT m SIM POKT IT* SIN PO*T IT* $1N EOiT
      816 words

  • Page 35 Advertisements
    • 344 35 INDONESIA NATIONAL LINE TO EUROPE I EXPRESS SEMI-CONTAINEWSEP SERVICE WI I »0Y DAIII/B OAM H'IURG IREMEN ANTWERP A VESSEL 45 WR _2L£&Lj Um 27/06 W TO AUSTRALIA "1 Emu. ooffiwgß (jjgwicg m |wr |WnSn WK WE SYP IB HA mm SSi |tws |ax»»«|«3,«| imb wri j_ PMMEDU-OYDWHIAW V.I7J |JM4(B«| IM6
      344 words
    • 947 35 pacific international unes (PTE) ltd j a 'qf Jl4O Cecil Street, #03-00 PIL Building, Singapore *****0. I m M CR NO: **********06 I fvtssa VOY pkl I sin syp r» m «i m I""** I I IQttPPWNU PWROO3 26/4 27/4 9/5 n/5 14/S 17/j 24/S 2S/S| I oociMitin on i/s
      947 words
    • 788 35 I VOY SIN JED I MLA LEH HAM THP RTM ZEE VMXE OE ANTARES \J3SH 2M>4 06*06 11/06 fflg gg 20*08 gjg 21A0S VKXEOEVWQO S2SW Ojg 13/06 18/06 24*06 25/06 27/06 27/05 2B« W-LEOCVELA N2SW 12/06 2Q*OB 2V06 31/06 01/08 03/08 03/06 OW» VILE 06 GEHMNA H2SW WW 27/06 Ql/D6
      788 words


  • Page 37 Advertisements
    • 51 37 (Retrieve more schedules!) I Sj^Fnss'l" JtJV Select the port and key In the four digit code eg: To New York (NYC) 2275 m- 2© Key in your fax number I |p your phone number Anoth*rinno«Mi»i*rvic*offend by The document will be ST m«l faxed to you* OllirriliU lliflXjO for calls within
      51 words



  • Page 40 Advertisements
    • 1129 40 SHIPPING LINE LTD I 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKIH6S CALL DIRECT LINE: *****41/43 JESSICA/CELIA/MEmiAN 7 SLGS/WEEK 2 SLG/WEEK iucmci TVOY SIN JAK VESSEL VOY SIN —Pk? MAERSK JAKARTA 96.6 INPT 29/04 (WED) ™*OIKA 1309
      1,129 words
    • 597 40 \y*mm ENG LEE SHIPPING CO PTE LID I Tab *****75 (6 lints) taa> *****35/*****60 I I CI Hi 15H1WtOO( I VISSIL VOY SIN ETA SIN ETD DESTINATION Srnoi Central 05/98 26/04 27/04 Pwawong/Buoton/PBau Union Stor 8 06/98 27/04 29/04 lon* DwtDayo 06/98 27/04 28/04 Petowona/PBau/Buoton Buonolndoh 05/98 27/04 28/04 Buoton/Peicwngy'Pßcru
      597 words
    • 535 40 SIN FAR EAST 26/04 KEELUNG/KAOHSIUNG 26/04 BANGKOK 27/04 MANILA/CEBU 26/04 JAKARTA/BELAWAN/SURABAYA 26/04 PORT KELANG/PENANG/E. MALAYSIA 29/04 BUSAN 26/04 TOKYO/YOKO/KOBE/NGO/OSA 26/04 HONG KONG SM CHINA t lSS±»ieci) 26/04 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU OALIAN/SHANGHAI/XINGANG TIANJIN/OINGDAO/HAIKOU SIM EUPQPE/UK 26/04 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 28/04 LOS ANGELES/NEW YORK all
      535 words
    • 436 40 rccm Singapore Soviet Shipping Hnlco. Pte. Ltd. CR NO: 100S*****00N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTARATU RTUOO7 24/04 02/05 12/06 14/05 TBA 112N 02/05 10/05 21/06 23/06 KOTA RUKUN RKNOOI 11/05 19/05 30/06 01/06 KOTARATU RTUOO9 15/05 23/05 04/06 06/06 For Booking (Calcutta) Tel: *****45/46 VESSEL VOY SIN
      436 words

  • Page 41 Advertisements
    • 1154 41 11 ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE j VESSEL I VOY I StN PIR I GOA I VIC I l£H I ANR I FXT I MSC MARTINA 9816 3 02 MAY 15 MAY 17 MAY OMIT QMI 23 MAY 24 MAY N SHANGHAI 9817-3 04 MAY 17 MAY 19 MAY
      1,154 words
    • 1768 41 ffff Wl» vBHWft sou Tm hw ia }fo« kok moor* gja Tggfll mAMTAtn MM 07 OS 2105 «M Jlft< 2"£ NYIANMOMffiA 02EA14 05.04 07.04 0044 12JM 2104 04.05 05.05 07 4S 010$ o£s" SS SS S 52 E!2f 1014,5 UJM ,SJH ,7JM ,US J '3J» [WTKWWTOWim* QjmiT IW MM ou»
      1,768 words

  • Page 42 Advertisements
    • 558 42 I VESSEL VOY SIN MAA SIN I TIGER WAVE 620N 27 27,04 02 04,05 09-10/05 I TIGER BAY 623N 29-30/04 04 08/05 12 13/05 I TIGER ISLAND 624N 03 04/05 08-11/05 16-17/05 I TIGER BRIDGE 625N 06-07,05 12-14/05 19-20/05 I TIIGER WAVE 626N 09-10/05 15-17/05 22 23/05 I TIGER BAY
      558 words
    • 818 42 FREIGHT LINKS EXPRESS „wp 62 Toh Guan Road, Singapora *****1 Tel *****66 (60 Unas) Fax: *****33 E-mail flesin@singnet.com.sg REGULAR LCL/FCL SERVICE ißivaoo&a /aowa mMIMM /aaaatjsa iaasoa tiAvi /MMDIXO®? Gsxßa asm/oa? imzMia, aiIMMdCMI milliM&m®? (SXJOOa Overseas Offices Hongkong *****113 flmsOasioonlino.nof Port Kelang *****40 flomOtm.not.my Bangkok *****42 kuntfikkiCfltti.co.Hi Surabaya *****00 flo-subOsby.moga.not.id Jakarta
      818 words
    • 1080 42 OOCL (Singapore) Pte Ltd CFS Keppel Distrpk for book'mq tfa<i 79 Anson Road #21-04 (S) *****6 8* 513 #01-128 t enquiry Vn) M CR NO **********0H M: 272 7827 call 3269 180 W WWWI lot *****13 fn 221 3942 foi: 272 7825 NORTH AMI lICA USA/ CANADA AUSTRALIA TO USA
      1,080 words

  • Page 43 Miscellaneous
    • 128 43 LEGEND: R Thunderstorm Temperature V Shower Weather Wind director! with speed m knots Ram V^/ Cloudy Sky Wov h «'9 h Surtoce winds are indicated by arrows which fly with the wind One fun circle represents cotm or hght and vonoble wmds One holt tleche reprints 5 knots L— One
      128 words

  • Page 44 Advertisements
    • 280 44 1 Cruise Business in Asia xT WT H. ■>. I The cruise business in Asia is now at an all-time high and strong growth is v a JUT' Ij projected to the year 2000 with the Asia W < Pacific market expected to generate 1 \x over 600,000 passengers a
      280 words