The Business Times, 28 April 1998

Microfilm: NL21182
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c SINGAPORE Internet: http://www.asia!.com.sg/biztimes TUESDAY, APRIL 28, 1998
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  • Article
    MARKET SUMMARY
    70 1 8111 U7LC7 (-19.81) nir-sii Mum (-3.00) niToogp Quftlf (-20.91) ■MBTKGA H*ft32(+o.46) I m MlH■ I I MOOD: llP—■ SltXXMAKKET INDICES Monday Change KLSECOMP 621.79 -1418 NIKKEI 15,***** ***** HANG SENQ 10,***** -286.22 SET INDEX 418.79 4.0 JAKARTA COUP —486.64 -184 MANILA COMP 2,122.19 41.72 TAIPEI WPI 8,471.62 164.49
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  • Article
    FINANCE
    79 1 FOBEX BATES US$ St US$ liM £(l SS/S$ per 1.666 2.662 DM 1.7W 0.890 YEN 132* 1306* MS 1788 0.423 HKf 7.760 0306 BAHT 39.01 0 Ml WJPIAH 8,006 0(BT St to 100 units FUME BATES SINGAPORE* 7.79 KUALA LUMPUR 1150 JAKARTA 28.M BANGKOK 14.75 MANILA 2196 HONGKONG 19.28
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  • Article
    Simex to trade S'pore, KL, Thai stock futures
    948 1  -  MSCI S'pore index futures to start in Aug; Dow Jones KL, Thai stock fntnres, options in Nov By 1 Wong Wei Kong [SINGAPORE] In a longawaited move, the Singapore International Monetary Exchange (Simex) announced yesterday it will start trading a Singapore stock
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  • Article
    Lock icon Dow dives 184 pts at 1pm, spooked by Fed rate report
    341 1 Reuters [NEW YORK] Anxiety over a possible interest rate hike sent US stocks reeling yesterday and European bourses and bonds cascading into the red, raising the spectre of a global market crash. The rate jitters, which also knocked US
    Reuters  -  341 words
  • Article, Illustration
    Lock icon TAS withdraws mobile phone licence awarded to P2P
    657 1  -  Teledata unable to form consortium as proposed in tender By 1 Catherine Ong [SINGAPORE] The Telecommunication Authority of Singapore (TAS) has withdrawn the mobile phone licence it awarded last week to P2P Communications Pte Ltd, following the stunning denial by US telecoms
    Source: Bloomberg  -  657 words
  • Article, Illustration
    Lock icon Mr Yen pays the price for entertainment scandal
    444 1 Market mover is among 112 Japanese officials disciplined Reuters (TOKYO) Japan's "Mr Yen", Vice-Finance Minister for International Affairs Eisuke Sakakibara, was among 112 Ministry of Finance (MOF) officials punished yesterday for accepting lavish entertainment from private firms. Finance Minister Hikaru Matsunaga announced
    Reuters; FILE PHOTO  -  444 words
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      117 1 IMSmE The Property The breakeven price of many developments may exceed market prices, but most developers will have little choice but to launch their projects, P| 4 tk .>"3 fc'f i T tatafe's itclttyßta After more than a fort' night of waterside skirmishing, Australia's docks dispute has reach a remarkable
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      7 1 Moderate 19% US growth expected, Pg 13
      7 words
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      47 1 ■II H i mr cAimw Pasha Automatic movement. Water-resistant to 100 metres. range from Ss4. at 3 3 5 x SINGAPORE MILLENIA WALK GROUND Kl-OOR »0|.22/23TEL U9 0183 NGEE ANN CITY TOWER B GROUND FLOOR TEL 7J4 2427 HILTON INTKRNATIONAL THKSHOPPING GALLERY GROUND FLOOR TEL 234 02%
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      8 1 Survey: Most want Hashimoto to quit: Pg 11
      8 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Foreign manufacturing pledges likely to fall
      597 2  -  Economists expect electronics, petrochem oversnpply to hurt investment flows By* Audrey Tan [SINGAPORE] Oversupply in the region's electronics and petrochemicals industries is likely to hurt Singapore's foreign manufacturing investment flows this year, economists say. Add to that a loss of confidence in the region
      597 words
    • Article
      Lock icon PM Goh, JBJ appeal: judgment reserved
      277 2 The Straits Times THE Court of Appeal yesterday reserved judgment in the double appeal case brought by Prime Minister Goh Chok Tong and opposition MP JB Jeyaretnam. Both wanted to reverse September's verdict by Justice S Rajendran. Mr Goh's lawyer, Senior Counsel Davinder Singh,
      The Straits Times  -  277 words
    • Article
      Vital to keep full employment: Boon Heng
      252 2  -  By] Kau Yi Kang JOB creation to maintain full employment is of utmost importance today, said Lim Boon Heng, secretary-general of the National Trades Union Congress (NTUC), noting that the rate of retrenchment in the first quarter is double last year's. In his
      252 words
    • Article, Illustration
      Lock icon Finance sector pay set to slow
      314 2  -  ETE ON THE ECONOMY Wages By I Carol Eng TOP management in the banking and financial industry received the highest salary increases of 6.7 per cent over the past year. But going by forecasts, they will, compared to top guns in other industries, get
      Source: Hay Group  -  314 words
    • Article
      Archives putting more records on Net
      328 2  -  By] Raju Chellam THE National Archives of Singapore (NAS) is spending over $2 million to put more than a million historical records of prints, slides and negatives on the Internet. The records will be offered in phases over the next couple of years to
      328 words
    • Article
      S'pore likely to back WTO pact on tariff-free e-commerce
      474 3  -  We would have no problems with the US proposal, says TDB chief By Ronnie Lim SINGAPORE could support a World Trade Organisation (WTO) understanding or agreement on tariff-free Internet commerce. Trade Development Board chief executive officer Barry Desker said yesterday, following
      474 words
    • Article, Illustration
      ERP has cut overall ECP traffic: John Chen
      342 3  -  Bat there's room for improvement and ministry will decide if it will np charges Byy Christopher Tan ELECTRONIC road-pricing (ERP) has succeeded in reducing overall traffic on the East Coast Parkway during operational hours, but "there's room for improvement", says Minister of
      342 words
    • Article, Illustration
      Aussie govt to sell three Holland Rd bungalows
      204 3 THE Australian government has put up for sale by tender three bungalows in the Holland Road area. Marketing agent Jones Lang Wootton (JLW) said over the weekend that the bungalows at No B,BA and 8B fiwart Park occupy site areas of 15,295
      204 words
    • Article
      Govt sets up unit to boost film industry
      209 3 THE government has formed a unit, under the information and the arts ministry, to develop and promote the budding local film industry. Called the Singapore Film Commission, it aims to nurture Singapore talent in filmmaking and enhance artistic creativity and appreciation. It
      209 words
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      297 2 HERBAL CHICKEN Order a Fortune Herbal Chicken I Set Menv win a prize hidden in Hie soft avsti A*? S Prizes include Whole Seckling Voucher or Bottle of Wine. ——Hi 1 i M -Vi Unleash the fragrant aroma and taste the wholesome goodness of a herbal chicken stuffed with herbs,
      297 words
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      177 2 -9 fc THE ADDRESS THAT MAKES MORE DUSINESS SENSE you are keen to your the image, we the 1 setting for you. Centrally 11 11 1 Hi in si 1 ,s 10 B I M r| located in the heart of w*g i 1 1 1 H1 r H Kallang,
      177 words
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      535 3 Wr Hifl £^B ■I be investing is like nte. If you take a risk, it's got to be on your terms. H Our Personal Investment Plan is tailored for you, with monthly contributions that are affordable. What is Personal Investment Plan? Jl j Yes, I'd like to attend the PIP
      535 words
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  • FOCUS: PROPERTY
    • Article
      Rental market
      658 4 POSTAL STREET/ESTATE HOT UNO BUJ MOOT (S$) (SOFT) (SOFT) BWMS Landed Property BUNGALOW "1027 HollandRd 8000 8000 3000 4 1542 JlnBaiduri 3000 5+2 1543 WimtoorneRd 7000 5000 4000 6 CORNER TERR 2678 Lentor 3300 4+1 INTER. TERR 1648 MeraTerr 2300 1615 2865 4+1 1953 Chariton 2200 1800 1800
      658 words
    • Article, Illustration
      Why it's better to launch now than wait
      648 4  -  THB PROPERTY COLUMN Cashflow, cheaper developments in fiiture, Indon woes all suggest developers should not hold back By Lee Han Shih IT was reported last week that about 20 or so unlaunched housing projects would make losses if sold at current market
      648 words
    • Article
      Under the hammer
      659 4 Property auctions coming up Edmund Tie Co Tuesday, Apr 28 (2.30pm) at Grand Plaza Hotel, Ballroom II Development: 1 Robey Cres land with 1-sty detached house. 9,757 sq ft/999 yrs* nnmlHfinMnl n6SKj6nil8l. 33 Jin Ulu Siglap: 2-sty link bungalow, 6,347/3,000 sq ft/FH* 17 Portchester Rd: renovated 1-sty
      659 words
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      331 4 GOOD CLASS BUNGALOW SITE AT HOLLAND ROAD r£f Swiss Club P k on >.« m i i j*sns: mam™ 7 Hoflond *ev" Oaks V Ub P».j &s Rood Hota,* i HMty Park g Pri Sth S Jelita Cold J Raffles Girls' S,o '«9« Pri Sch J Comprising 2 lots of
      331 words
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      52 4 @■1 For Sale Prime Freehold Residential Site at Holland Road (D.10) Established residential area Close to amenities at Holland Village Site area 22,243 sq ft Paid-up GFA 31,045 sq ft PP obtained for 4-storey apartment with 2 basements (total 18 units) No restriction on foreign ownership of individual apartments Sole
      52 words
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      19 4 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another Classified Service
      19 words
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      74 4 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. tCall C.A.T.S. at 1800-737-1166. Another Classified Service s I Areas from 5,000 sq. ft. onwards. Cawviy All units are fully air-conditioned and £j~ "Kma i fitted with false ceiling. *r~!l T
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  • MARKETS IN TURMOIL
    • Article
      Lock icon Tokyo stocks, yen fall as 16t yen package is deemed inadequate
      408 5 Nikkei down 2J3%, brokers say lack of permanent tax cuts hart sentiment AFP, Bloomberg [TOKYO] Japan's financial markets gave the thumbsdown yesterday to a historic spending package unveiled by the government, despite official promises it will turn the struggling
      AFP,; Bloomberg  -  408 words
    • Article, Illustration
      Lock icon Critics too hasty in writing off Tokyo package: envoy
      543 5  -  By: Louis Beckerling [SINGAPORE] Critics have rushed to judgment with an "unduly pessimistic view" of the 16.6 trillion yen (*****.2 billion) stimulus package unveiled in Tokyo last week, said Japanese ambassador to Singapore, Hiroshi Hashimoto, yesterday. "I think Prime Minister (Ryutaro)
      FILE PHOTO  -  543 words
    • Article, Illustration
      M'sia to pump RM1b more into low-cost housing
      384 5  -  From, Eddie Toh in Kuala Lumpur THE Malaysian government will pump in an additional one billion ringgit (***** million) into a new scheme for low and medium cost houses but the overall tight monetary policy remained intact, Finance Minister Anwar Ibrahim said
      384 words
    • Article
      Lock icon Plan to fight Thai liquidity squeeze
      272 5 Cabinet to discuss issuing bonds in the global market Reuters (BANGKOK] Thailand's finance minister yesterday presented a 15-point strategy to overcome a severe liquidity squeeze plaguing the country, which is riding out its worst economic crisis in decades. Tarrin Nimmanahaeminda also told a news
      Reuters  -  272 words
    • Article
      Foreign banks want Thai minimum lending levels cut
      465 5  -  From Loh Hui Yin in Hongkong FOREIGN banks are prepared to begin lending again to Thai firms but want minimum lending levels slashed to a quarter of previous levels. This emerged at a meeting that offshore banks under the Bangkok International Banking
      465 words
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      109 5 Japan revs its engines, Editorial, Pg 14 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and
      109 words
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      145 5 Most Japanese polled want PM to quit, Pg 11 the next With the right financial resources behind you At IFS, we help tomorrow's movers and shakers make the right moves today. Because we understand how Factoring can meet the needs of a business that's growing, through Credit Risk Protection and
      145 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Police halt student protest in Medan
      453 6 MEDAN, Indonesia Security forces drive students back into campus with water cannons, tear gas Reuters INDONESIAN security forces used water cannons and tear gas yesterday to drive students demonstrating against President Suharto back onto their campus in the tense city of Medan. Riot police,
      Reuters; REUTERS  -  453 words
    • Article
      Lock icon Taiwan premier terms Malaysian visit a success
      296 6 TAIPEI More will come from Taiwan to invest in hi-tech industries, he tells DrM AFP, Reuters TAIWANESE Premier Vincent Siew left Malaysia yesterday following a "successful" low-profile visit during which he promised fresh investment, an official close to the Taiwanese delegation said. "The
      AFP,; Reuters  -  296 words
    • Article
      Lock icon C'wealth Games: KL minister slams BBC report
      292 6 KUALA LUMPUR Bernama A BBC news report alleging that Malaysia's preparations for the KL '98 Commonwealth Games have run into various problems is aimed at undermining efforts to organise the games, Youth and Sports Minister Muhyiddin Yassin said yesterday. He described as baseless
      Bernama  -  292 words
    • Article
      Lock icon S'pore-M'sia partnership can hasten recovery: KL
      197 6 KUALA LUMPUR Bernama THE Malaysia-Singapore partnership which took off to new heights recently can play a catalytic role to help bring about regional recovery, Foreign Minister Abdullah Ahmad Badawi said. This was because the two nations were very active trading partners not only within
      Bernama  -  197 words
    • Article
      Lock icon Philippine polls watchdog wants no cheating pledge
      115 6 MANILA AFP THE 11 hopefuls running in the Philippine presidential elections are to be called on to sign a pledge promising not to cheat in the upcoming polls, a citizens watchdog group said yesterday. Candidates will be asked to swear that they wUI
      AFP  -  115 words
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      229 8 Between Between ancient phßnsnphy S eontempnrary desifln. ||9^^^| I IBiwfrriii' i iWI Combining round mid rectangular mm/ft" tr l-< I^l V v.- jj IHH forms, with o hit com sot aside for J|Bcv KiSilH^^^^l fl Bf™ffi Wff- mߧ maximum nccupuucy flexibility. m r laS She I H ypW Hf«| Shrouded
      229 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon IMF's 7% growth forecast for China optimistic?
      255 9 HONGKONG AFP THE International Monetary Fund's forecast of 7 per cent growth for China in 1998 may be "a little optimistic", IMF research department deputy director Fleming Larsen cautioned yesterday. "It is clear that China will be affected to some extent" by the
      AFP  -  255 words
    • Article
      China to centralise approval of land use, sales
      422 9  -  SINGAPORE Amendment to land management laws tabled; local govts could lose key power By Lu Ning CHINA has proposed changes to its land management laws which, if passed, could deprive local governments of one of their key powers approving land use and
      422 words
    • Article
      Lock icon Avoid being linked to polls candidates, HK officials told
      108 9 HONGKONG AFP HONGKONG government officials, including Chief Executive Tung Chee-hwa, were warned yesterday to avoid publicly associating themselves with candidates in the first post-colonial elections. Justice Woo Kwok-hing, chairman of the Electoral Affairs Commission, told reporters it was "necessary" for "high
      AFP  -  108 words
    • Article
      Lock icon US-China row looms over direct sales ban
      326 9 BEIJING Reuters THOUSANDS of sales staff have lost their jobs with direct selling firms as Beijing enforces a ban condemned last week by the top United States trade negotiator. State media reported on Monday that authorities had forced several illegal pyramid selling and
      Reuters  -  326 words
    • Article, Illustration
      Lock icon Economists set to halve HK's growth forecast
      372 9 HONGKONG Fallont from Asian crisis cats consumer spending jobless figure at 2-year high Bloomberg HONGKONG economists will likely halve forecasts for 1998 economic growth as fallout from economic turmoil across Asia slashes consumer spending and drives unemployment to a two-year high. In the
      Bloomberg; FILE PHOTO  -  372 words
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      145 9 wflr* i i^^^l^^lC2 With a choice of 6- to 12-cylinder engines, the BMW 7 Series is gracefully one could say that its influence is the ideal poised with immense reserves of power unleashed the instant you need complement to its drivers. Visit Performance flV^B it. Still, the great respect it
      145 words
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  • FOCUS
    • Article, Illustration
      Lock icon NZ reverting to an anti-business stance
      1029 10  -  Treasurer Peters adopting populist policies as he prepares his second budget From David McLoughlin in A uckland NEW Zealand's Treasurer and Deputy Prime Minister Winston Peters has reverted to his former anti-business populism on the eve of his second budget as his deeply unpopular
      FILE PHOTO  -  1,029 words
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      393 10 <te KATANA GOLF Control. Power. Distance. Accuracy. Anywhere. For Anyone. The Katana KG 901 Tungsten Titanium Irons Designed with the same core design benefits of the successful KG 801 forged cavity irons, Katana has produced its most forgiving clubs ever, featuring: Tungsten j Two uniquely placed tungsten inserts at both
      393 words
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      41 10 I f I jßiaiinl Suhzxiox SbvJt i Spur per fcwH I V St L—lfil from $38* (tor 4 |iu—■) I 'Subf«ct to mtWo* chtrgt ft go¥t tax Inctuding 3% GST. I ITTI A Lion City Hotel 16lMon«KMonf Rd I Nl/ 1f*****717
      41 words
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  • ASIA
    • Article
      Lock icon Foreign investment in S Korea dives 73% to US$572m
      494 11 SEOUL Slow economic growth, uncertainty over country's future blamed Reuters DIRECT foreign investment in South Korea plunged to US$572 million (Ss9l4 million) in the first quarter from US$2.l2 billion a year ago, a blow to government efforts to reconstruct the economy
      Reuters  -  494 words
    • Article
      Lock icon Korea ex-finance minister denies charges of graft
      286 11 SEOUL AFP SOUTH Korea's former finance minister Kang Kyong Shik yesterday denied charges of corruption as prosecutors intensified a probe into alleged mismanagement which drove Seoul into a devastating economic crisis. "There was no influencepeddling involved," Mr Kang told reporters as prosecutors probe
      AFP  -  286 words
    • Article
      Lock icon Dong-Ah Construction to raise US$4b for project
      153 11 USEOUL Bloomberg DONG-Ah Construction Co, South Korea's second-largest contractor, launched a bid to raise US$4 billion (556.3 billion) in foreign funds to redevelop reclaimed land in the western city of Inchon. A government official has already raised objections, though, saying the project an
      Bloomberg  -  153 words
    • Article, Illustration
      Lock icon Guardian at sea
      50 11 [TAKAMATSU, Japan] A newly-built "demon lighthouse was unveiled at Megi-jima island in Takamatsu city, western Japan on Sunday. Takamatsu local government built the lighthouse on the island which is also known as "demon island". The lighthouse will be switched on at a ceremony in the autumn. AFP
      AFP  -  50 words
    • Article, Illustration
      Lock icon Most Japanese in survey want Hashimoto to quit
      456 11 TOKYO But prime minister unlikely to leave before July: analysts Reuters A MAJORITY of Japanese surveyed by a top newspaper over the weekend said they want a change of government, but analysts forecast that without a serious challenger, Prime Minister Ryutaro Hashimoto
      Reuters  -  456 words
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      21 11 •Tung Centre •Parkway Parade •A-Z Building •Paya Lebar Road For details, please contact owner: Tel. 437 6853 437 6872 534 3132
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      312 11 HOW YOU CAN CUT YOUR NETWORK'S OWNERSHIP COSTS BY $500,000 As networks get more complex, managing them gets increasingly costly. With a reliable and efficient manageability solution, you can save up to $3,330 per PC annually This means savings of at least half a million dollars for 250 PCs! Novell's
      312 words
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      123 12 •S» V'"" 4-" m m mm m m m m With thfi "'Y 1 ■n '-jSr w- Bm ;^BKv?ai o- kjh I v^w 1 Y < j|m i V VI i ■s[ fl fl B I I -f fl J| ■v■■■ I V ™^®(^^H6® Only 80 per minute during peak
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  • THE WORLD
    • Article, Illustration
      Lock icon Cause for celebration
      71 13 [MAGDEBURG, Germany] Ultra rightwingparty leader Gerhard Frey breaking out in celebration on Sunday after projections suggested that he had won 10 per cent of the votes for his German People's Union party (DVU) in the Saxony-Anhalt state elections. The final result was a 12.9 per cent win
      REUTERS  -  71 words
    • Article
      Lock icon Japan stimulus plan gets cautious welcome
      445 13 OECD ANNUAL MEETING Implementation a key factor, say industrial nations AFP, Reuters [PARIS] Industrial nations yesterday gave a cautious welcome to a stimulus package aimed at kickstarting Japan's economy, but said full and rapid implementation was essential for the measures to succeed. Their message
      AFP,; Reuters  -  445 words
    • Article
      Lock icon Warning against return to protectionism
      283 13 PARIS AFP THE industrial countries must ensure that the Asian crisis does not spark a return to protectionism as this could worsen the spillover effect worldwide, South Korean Finance Minister Lee Kyu Sung said yesterday. "It is important that OECD countries clearly affirm that the
      AFP  -  283 words
    • Article
      Lock icon EU slaps Asian fax machine duties
      238 13 LUXEMBOURG Reuters SEVEN Asian countries, including Singapore, will be slapped with definitive antidumping duties on European Union imports of thermal fax machines for personal use, European Union diplomats said yesterday. The decision on a proposal from the European Commission was adopted without discussion at
      Reuters  -  238 words
    • Article
      Lock icon EU agrees to give China and Russia market-economy status
      286 13 BRUSSELS Bloomberg EUROPEAN Union trade ministers yesterday agreed to remove Russia and China from the EU's list of "nonmarket" economies, helping the countries' bid to join the World Trade Organisation and allowing some Chinese and Russian companies to avoid duties. The
      Bloomberg  -  286 words
    • Article
      Lock icon PC shipments up 14% in Q1, says Dataquest
      208 13 SAN FRANCISCO Asia-Pac sees 5% drop; Compaq stays No 1 PC vendor Reuters PERSONAL computers had strong unit growth in the first quarter, despite pockets of big inventory build-up by some and declines in parts of Asia-Pacific and Japan, two market research
      Reuters  -  208 words
    • Article
      Lock icon Economists expect moderate 2.5% growth for US this year
      417 13 WASHINGTON Inflation to remain tame, consumer demand, jobs growth strong survey Bloomberg THE US economy will likely grow at a moderate pace in 1998, as consumer demand and employment growth remain strong, and inflation stays tame, the National Association of Business
      Bloomberg  -  417 words
    • Article
      Lock icon Buba against splitting term of EU central bank chief
      171 13 FRANKFURT Bloomberg ROOM for manoeuvre on a solution to the dispute over the presidency of the European Central Bank narrowed after reports that Germany's central bank will withdraw its support for currency union if politicians mess with the rules. Germany's Bild
      Bloomberg  -  171 words
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      9 13 Japan local PC shipments seen rising 10%, Pg 21
      9 words
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      182 13 UNIVERSITY OF UNIVERSITY OF SOUTH AUSTRALIA LOUISVILLE Adelaide, Australia rTnHTVQ "The Top 25 Business Schools" Kentucky, USA pwSmba Doctor of Philosophy in MflHfTCnml Business Management ISttHliaASI 2nd Intake June 98 sth Intake June'9B g Nationally accredited by AACSB Already produced many 700 P m Full y accredited by SACS successful
      182 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Share options can help ease layoff pains
      712 14  -  THE BOTTOMLDVE OPINION By Lee Han Shih The writer is a senior BT correspondent ON January 13, Tat Lee Bank chairman Goh Eng Chew reassured his staff in an internal memo that the proposed merger with Keppel Bank will not lead to any
      712 words
    • Article
      IN OTHER WORDS
      122 14 'It's the largest package we have ever had. I have never heard of any package like this in the rest of the world.' Bhnfc* SafciWuM Japanese Vice-Finance Minister on Japan's latest US$l2B billion (SS2O3 billion) economic stimulus package. The whole economy was grossly mismanaged, even before the
      122 words
    • Article
      Japan revs its engines
      617 14 EDITORIAL THERE can be little doubt that the 16 trillion yen (Ssl93 billion) fiscal stimulus package unveiled formally by the Japanese government last Friday will restore at least some growth to Japan's economy in fiscal 1998. This growth may even prove to be robust by OECD
      617 words
    • Article, Illustration
      Lock icon Asia's jobless spectre
      1075 14 Unemployment is a new phenomenon for East Asia, and it should learn from Europe how not to make it persistent Economist PICK up any of the stack of books about East Asia written before the region's current crisis and turn to the chapter on unemployment. Can't find
      Economist; FILE PHOTO; Source: JP Morgan  -  1,075 words
    • Article
      Banks have case to answer
      409 14  -  MAn.PftT B G Zheng WHY are the other Big Three local banks not following DBS Bank's lead in lowering the prime lending rate (PLR) by 50 basis points (bp) some two months ago? Three-month SIBOR rates have been hovering at around 5 per cent for
      409 words
    • Article
      WHAT THE OTHERS SAY
      391 14 BwuKNitobe optimistic INDONESIA'S new bankruptcy law on insolvency affords better protection to both creditors and debtors. Its issuance, circumventing the House of Representatives, which has the constitutional right to enact and repeal laws, reflects the urgency of the matter. Essentially, this new simple and more efficient
      391 words
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  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      42 14 DOONESBPRY By Garry Trudeau ABOUT MY OKAOOUS W-HUH.. PAY. ANPTWOUU? 6fUS THE \AHEM*J MAT/SI 7 yoCATCHTHE MARRJ£{?\ y LIFZSMB, ANPIV r-V OUTDOORS*UF£ A MH/XLf I yIT NOW*) g -[met OOYS I\ PONT GO 1/ MUST SAY 50 FART LOVE TT/ V" j
      42 words
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      505 15 Buy It. Sell It. Find It. Classified. f& CATS. Call Today For Results Tomorrow. 1800-*****66 Where to wine, dine and entertain... gSPelXuptSdayT &s£**** (minimum (oar persons) A'^mA Dim Sum Combination Braised Whole Abalone with Oyster Sauce (per person i fi.B* UA Steam Red TUapia with Soya Bean Crumbs XO t=.
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      36 15 i UMBO DANCING, NEPTUNE STYLE. j THERE'S MORE TO SEE AT the. ®S neptune 7th Floor, Oversea Union House, Cotlyer Quay, Singapore *****1. Tel: 224 3922/224 3203 F«: 223 4»BS Dine for Free in our Garden*
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  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      717 15 TV&RAPIO By Afternoon At The 1.15 City Spy. rremier* 13 Movie: Deadlocked 1.40 Lives and Perfor- ll'rnlf 2.30 PM TV Innovations. Escape From Zone 14. mances. 4.00 Kidz Blitz: Classic 4.00 News 5 Today Followed 1.35 China's Rarities. Speed Racer. by Afternoon At The 2.00 TV Innovations. 4.30 Hot Rod
      717 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      285 15 CRYPTIC CROSSWORD tricky to understand? Lb U—-U—|h tea5e(4.4.2,3) HH 7 To be corpulent, boy. is disastrous (5) __l 8 A piece in em- IH 9 Effective as policeman? (2.5) 9 i i 10 Henry greatly irritates the supporters (7) 11 Channel close to point in field 11 I I I
      285 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Balls! a narrow winner on penalties
      682 16  -  But script's packed with enough puns, witty descriptions and anecdotes to keep the laughs coming, says sds&mtsamo SUSAN TSANG THE team involved in Balls! is full of talent, but the game plan does not seem to be very well delineated. As a result, their
      FILE PHOTO  -  682 words
    • Article, Illustration
      Lock icon Japan's trendy teens shrug off economic woes
      737 16 FASHION Years of material wealth have produced disaffected youth, says professor Reuters [TOKYO] While Japan goes through an unprecedented economic slowdown, most of the country's young are still living in their own world of fashion and trends. Protected by doting parents and, like
      Reuters; FILE PHOTO  -  737 words
    • Article
      Lock icon Few people know stroke symptoms: study
      477 16 HEALTH Fewer than 5% of victims reach hospital within vital first few honrs LATWP CRUSHING chest pain would send most people rushing to the hospital, recognising the symptom of a heart attack in progress. But a new study suggests that few people know the
      LATWP  -  477 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      193 16 Mouth-watering lunches at I Goodwood Park is a daily affair. I At G°°dwood Park, you get a world of delectable choices I every day when it comes to lunch! W you're a Tim Sum fan, you'll enjoy delicious servings of I Tim Sum on trolleys only at the Garden Seafood
      193 words
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      Page 16 Advertisements Column 2
      154 16 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
      154 words
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  • COMPANIES & MARKETS
    • Article
      Contract manufacturers poised for 25-30% growth
      397 17  -  Venture, N&tSteel Electronics, JIT Hldgs on Sant&nder Securities' buy list Reports by, Annette Pau [SINGAPORE] Local listed contract manufacturers (CMs) are expected to turn in 25-30 per cent earnings growth over the next 3-5 years, among the strongest in the market, said Santander Investment
      397 words
    • Article
      Peregrine deal raises Santander's profile
      209 17 [SINGAPORE] The Santander Group, Spain's largest banking group, was little known in Asia until it grabbed headlines with its recent takeover of Hongkongbased Peregrine Securities' entire Asian equities team of 50 people. Peregrine Securities Singapore, since renamed Santander Investment Securities Singapore (SISS), started business on
      209 words
    • Article
      SingTel denies interest in HK phone operator
      357 17  -  It is not looking at stake in Mandarin Communications By 1 Teh Hooi Ling [SINGAPORE] Singapore Telecommunications yesterday quashed talk that it is interested in taking a stake in Mandarin Communications, a mobile phone operator in Hongkong. "Please be informed that Sing Tel
      357 words
    • Article, Illustration
      Lock icon Shares in Rashid Hussain stable tumble as trading resumes
      378 17 Falls seen as reflecting overall market drop during their suspension AFX-Asia, Bloomberg [KUALA LUMPUR] Rashid Hussain Bhd, RHB Capital Bhd and RHB Sakura Merchant Bankers Bhd shares fell on resuming trade following the finalisation of RHB Bank's merger with Sime Bank,
      AFX-Asia,; Bloomberg; Source: Bloomberg  -  378 words
    • Article
      Internet trading: brokers' fears may be premature
      726 17  -  HOCK LOCK SIEW Ven Sreenivasan THE furious response by brokers to recent reports of plans by the Stock Exchange of Singapore to introduce online trading was to be expected. After all, it affects their "rice bowl". But the fears may be premature given
      726 words
    • Article, Illustration
      Manila's National Steel Corp gets debt extension
      450 17  -  Prom, Al Labita in Manila A GROUP of Philippine banks had extended a 60-day debt payment moratorium to a steel firm controlled by Malaysian tycoon Halim Saad, company and banking sources said yesterday. The move followed talks between National Steel Corp (NSC) and
      450 words
    • REGIONAL COMPANIES
      • Article
        CP Pokphand seeking support from creditors
        566 18  -  A review of its financial position will be completed late next month From Quak Hiang Whai in Hongkong HONGKONG-listed CP Pokphand yesterday said it is holding confidential discussions with its creditors for interim support for the company and that a review of the group's
        566 words
      • Article, Illustration
        China Ml Cap posts US$30m pre-tax profit
        471 18  -  CICC, in which 6IC has stake, seeks HE bourse membership hYorn Quak Hiang Whai in Hongkong CHINA International Capital Corporation Ltd (CICC), a joint venture investment bank which has the Government of Singapore Investment Corporation as a shareholder. made a pre-tax profit of
        471 words
      • Article
        Lock icon Nan Fung head ups Sino Land stake
        103 18 AFX-Asia [HONGKONG] Sino Land Co Ltd has seen Nan Fung Development controlling shareholder and chairman Chen Din Hwa raise his stake in Sino Land to 12.05 per cent from 11.87 per cent, a stock exchange report showed. The report showed that the change
        AFX-Asia  -  103 words
      • Article
        Lock icon Malakoff up on news of UK firm taking stake
        209 18 Reuters [KUALA LUMPUR] Malakoff Bhd yesterday opened sharply higher after Britain's National Power pic announced it was taking a stake in the Malaysian power generator. MalakofTs parent firm Malaysian Resources Corp Bhd (MRCB), which will sell the stake to National Power,
        Reuters  -  209 words
      • COMPANY Briefs
        • Article
          SIA in sale and lease-back aircraft deal
          86 18 [SINGAPORE] Singapore Airlines (SIA) has recently completed an agreement to sell and lease-back a Boeing 747-400 aircraft. The agreement was with Sansome Partners VII, LP. a limited partnership set up in the US with the sole purpose of purchasing and leasing back the
          86 words
        • Article
          F&N reminder on expiring warrants
          48 18 [SINGAPORE] Fraser and Neave yesterday reminded the investing public that its 1906 warrants, which were issued in 1998, would expire on May 27. Warrants which are not exercised by this date will become worthless instruments ss the rights they carry would have lapsed.
          48 words
        • Article
          Pantai's Asiamatrix stake now 21.08%
          50 18 [SINGAPORE] Aslamatrix Ltd announced that Pantai Healthcare (Cayman) has bought 40,0000f its shares in the open market Ten thousand shares were bought at $2,386 and the reet at 9L&08. The purchases has increased Pantai's stake in Asiamatrlx to 21.86 per cent from 21.54 per cent.
          50 words
      • Article
        Lock icon Reliance's profit exceeds forecasts
        191 18 Earnings boosted by jump in demand for polyester Bloomberg [BOMBAY] Reliance Industries Ltd, India's second-larg-est company, said profit for the year ended March jumped 25 per cent, helped by more efficient production at its new petrochemicals plants. The company posted bet-ter-than-expected profit for the period of
        Bloomberg  -  191 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Japan's Kirin bids for 45% stake in NZ's Lion Nathan
        680 21  -  The two brewers to focus on expanding China operations after NZsl-3b deal From. Russell Baker in Sydney KIRIN Brewery Co, Japan's largest brewer, and Lion Nathan, an Australasian brewer, will initially focus on expanding their operations in China if the
        REUTERS  -  680 words
      • Article, Illustration
        Lock icon Eh, what's up, Dustin?
        54 21 [NEW YORK] Actor Dustin Hoffman talking to Bugs Bunny at the opening of the new Warner Bros studio store in New York's Times Square over the weekend. The new store is located at One Times Square, the same building where the New Year's Eve ball is
        REUTERS  -  54 words
      • COMPANY Briefs
        • Article
          Lock icon Toshiba may set up holding company
          86 21 Bloomberg [TOKYO] Toshiba Corp of Japan, the world's biggest maker of notebook computers, said it's considering setting up a holding company as a way to reduce its tax liability. Toshiba would be among the first Japanese companies to take advantage of the government's decision
          Bloomberg  -  86 words
        • Article
          Lock icon Toyota stock down on earnings report
          105 21 Bloomberg [TOKYO] Toyota Motor Corp fell more than 2 per cent on a newspaper report that group net profit for the fiscal year ended last month will fall below analysts' expectations. The Nihon Keizai said on Sunday the group is likely to earn only
          Bloomberg  -  105 words
        • Article
          Lock icon BHP Coal to retrench 1,300 employees
          64 21 AFX-Asia [MELBOURNE] BHP Co Ltd's coal division will retrench 1,300 coal employees by the end of its financial year in May. A BHP Coal spokesman said the retrenchment is part of its voluntary redundancy programme that started last September. By end-May, 800 Bowen Basin
          AFX-Asia  -  64 words
        • Article
          Lock icon Chesterfield Prop in takeover talks
          83 21 Bloomberg [LONDON] Chesterfield Properties pic said it's begun talks which could lead to it being acquired, following a weekend report that General Electric Capital Corp will bid for it this week. The Sunday Telegraph said MEPC pic, a rival UK property company, made a preliminary
          Bloomberg  -  83 words
      • Article
        Lock icon MCI's new technology could cut costs by up to 25%
        300 21 Bloomberg [DALLAS] MCI Communications Corp said it has successfully tested a new technology that could reduce its transmission costs by as much as 25 per cent a year, or tens of millions of dollars. The No 2 long-distance phone company
        Bloomberg  -  300 words
      • Article
        Lock icon Reed Elsevier to buy US publishing firms
        237 21 USsl.6b deal covers two Times Mirror legal publishing onits Bloomberg (AMSTERDAM) Reed Elsev ier said it agreed to buy two legal-publishing businesses from Times Mirror Co in a transaction valued at US$l.65 billion (552.6 biUion) as the Dutch-British publisher seeks other expansion opportunities
        Bloomberg  -  237 words
      • Article
        Lock icon Japan's local PC shipments seen rising 10%
        213 21 Bloomberg (TOKYO] Japan's largest makers of personal computers said they expect domestic PC shipments to rise about 10 per cent in the year through March 1999 as demand from businesses and schools strengthens. NEC, Fujitsu Ltd, IBM Japan Ltd and Toshiba Corp cited
        Bloomberg  -  213 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Euro will cause financial shake-out: Chase unit
        475 22 It sees currency forcing US-type consolidation of financial services Bloomberg [VIENNA! Chase Global Securities, a unit of Chase Manhattan Corp, said it expects the 1999 introduction of the European single currency to have a "huge impact" on the continent's financial services industry. Martin
        Bloomberg  -  475 words
      • Article
        Lock icon Japan's huge insurance funds are down: report
        227 22 AFP [TOKYO] Japan's huge life insurance and pension funds have shrunk for the first time since World War 11, a report said yesterday, in a sign of mounting concern over the grim economic situation. The value of individual life insurance and pension policies
        AFP  -  227 words
      • Article
        Lock icon Deal is over, says Mellon chief
        329 22 But Bank of NY says merger has support of institutional shareholders Reuters [NEW YORK] Mellon Bank Corp chairman Frank Cahouet said on Sunday he considered the possibility of a merger with Bank of New York Co Inc over after Its board rejected the US$24
        Reuters  -  329 words
      • Article
        Lock icon Sakura Bank to help ailing regional bank
        239 22 Bloomberg [TOKYO] Sakura Bank Ltd said it would continue supporting troubled regional bank Hanshin Bank Ltd, but denied that it had agreed on any specific aid. Hanshin Bank, based in the western Japanese port city of Kobe, will receive 7 billion yen (5585.6
        Bloomberg  -  239 words
      • Article
        Lock icon Euroyen, JGBs up as stocks tumble
        211 22 STMITK Report Reuters (SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures firmed yesterday after Japan's longawaited stimulus package failed to impress investors. Dealers said the stock market was disappointed because the package did not offer any clues about real tax reform. "The easier
        Reuters  -  211 words
      • Article
        Lock icon Futures drop on corporate profit concern
        175 22 MSG! TAIW AM FUTURES Charlie Kuo, Refco Singapore [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract declined again amid concerns that profits of the electronics and financial sectors might slow down in the second quarter. The April contract dropped 5.6 points whUe the
        Charlie Kuo, Refco Singapore  -  175 words
      • Article
        Lock icon Oil price seen staying low for 5 years
        293 22 ENERGY REPORT Bloomberg [LONDON] Oil prices may stay near today's low levels for five years or more because of the industry's "gigantic" efforts to cut costs and Asia's slowing demand, a former Saudi Arabian oil minister said. Ahmed Yamani, the Saudi oil
        Bloomberg  -  293 words
      • Article
        Lock icon CURRENCY REPORT
        283 22 AFX-Asia, AFP London THE US dollar and sterling were sharply lower in late afternoon trading yesterday as large falls in asset markets undermined confidence and prompted selling of the two currencies across the board, dealers said. They added that the slide in the Dow, which shed more than
        AFX-Asia,; AFP  -  283 words
      • Article, Illustration
        Untitled
        1159 22 nrgERBAint cross rates Apr 2? AS CS N* CO) FTr P» TOTI* t» twptoH Tan 9m 8M MS Ml to Nw S$Kwi 8» ITO Oatt Hmt 9» AntraOa 0935 4178 0291 3.919 1169 1045 ***** 5L425 0245 6279 2.449 U6I ***** ***** 1234 3260 OM ********** 0200 0647 Cwdi 1.078
        1,159 words
    • Article
      COMMODITY PRICES
      1830 23 r r RUBBER (futur*sctosMq*$tt5.30«fli) RSS1 CONTRACT(S cwtsA?) Clot* Volume Opon Month H>qh Low Sett (towwi) Merest May 9fl 117.75 WOO Jun 98 118.50 1750 Jul 98 119.00 119.00 119.00 50 2715 Aug 98 122.00 '515 Sep 98 k ***** 1515 Od/Dec 98 128-25 <650 Jen/Mar 99 133.00 900
      1,830 words
    • Article
      WORLD STOCK MARKETS
      2327 23 LONDON Industrials itr V Pence 31 Group 564.400 0.400 AB Ports 355.000 -2.000 Abbey National 1113.000 -42.000 AHied Domecq 618.000 -8.000 Amec 173.000 -0.400 Aid* Group 188.400 -4.000 BATInd 580.000 -7.000 BG Pic 305.000 0.600 BICC 166.000 9.400 BOC Group 972.000 9.000 BR Petroleum 893.000 -23.000 BTR
      2,327 words
    • Article
      Lock icon TOKYO
      1637 23 Bloomberg Q Nikkei 225 -38L29 JAPAN'S benchmark stock index fell to a three-week low as investors deemed the government's 16.65 trillion yen (*****.7 billion) package of stimulus measures inadequate to revive Japan's economy in the absence of permanent income tax cuts. "From a foreigner's point of view, it's yet
      Bloomberg  -  1,637 words
    • Article, Illustration
      Lock icon HONGKONG
      1514 24 Reuters QHugScog -***** HONGKONG stocks slumped to a sharply weaker close yesterday as soft overseas markets further eroded investors' low confidence, brokers said. The Hang Seng Index shed 286.22 points, or 2.63 per cent, to end at 10,593.71 after hitting a low of 10,555.57. The gloom was expected to
      Reuters  -  1,514 words
    • Article, Illustration
      Lock icon CHINA
      574 24 Reuters -LP CHINA'S hard currency B shares ended mixed yesterday as Shanghai staged a modest rebound but Shenzhen was hit by renewed selling. Brokers said nervousness over corporate results continued to undermine share prices and thin volume showed that sentiment remained weak. "Monday's rise (in Shanghai) was purely a
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  574 words
    • Article
      Lock icon TAIPEI
      364 24 AFP QWTMg -11# THE Taiwan stock market plunged 1.9 per cent due to lack of investor confidence, dealers said. "Investors stepped to the sidelines amid reports on the unfavourable fundamentals of Taiwan's economy," said Jerry Cheng of Yuanta Capital Management Co. Taiwan recorded a firstquarter trade deficit of US$7O
      AFP  -  364 words
    • Article
      Lock icon WELLINGTON
      257 24 AFP QWeOmgton -35M THE New Zealand stock market closed 1.5 per cent lower yesterday in trading dominated by Japan's Kirin Brewery Co Ltd's takeover of 45 per cent of the stock in Lion Nathan Ltd. The NZSE-40 Index was down 35.22 points to 2,287.61. Turnover was worth NZ$l.4 billion,
      AFP  -  257 words
    • Article, Illustration
      Lock icon BANGKOK
      814 24 AFP n SET Index -10 THAI shares fell 1.4 per cent yesterday, hit by fresh concerns over the fate of troubled finance companies as well as the country's liquidity crisis, analysts said. They said the market was shaken by rumours that one finance firm could be close to collapse.
      AFP  -  814 words
    • Article
      Lock icon SEOUL
      396 24 AFP nOnpoatehig -&38 SHARE prices fell 1.3 per cent on the Korea Stock Exchange yesterday on a lack of fresh leads with futures-linked selling pushing the index down further, dealers said. "There might be some bar-gain-hunting after a slide but as foreign investors are sceptical about the implementation of
      AFP  -  396 words
    • Article
      Lock icon SYDNEY
      580 24 AFP QAH Ordinaries -36J AUSTRALIAN share prices fell U per cent yesterday on low volume with little to inspire solid support, brokers said. The Australian Stock Exchange's main indicator, the All Ordinaries Index, lost 36.9 points to 2,818.0. The All Industrials Index shed 63.0 to 4,812.7 while the All
      AFP  -  580 words
    • Article, Illustration
      Lock icon JAKARTA
      649 24 AFP QCnpositc IltdfT AM JAKARTA shares closed nearly one per cent lower yesterday amid concerns among investors that the government might raise the rates of central bank certificates (SBIs) once again, dealers said. "There are still fears of further SBI rate increases," a dealer with a local brokerage said.
      AFP  -  649 words
    • Article
      Lock icon MANILA
      269 24 AFP Q Manila -3L72 PHILIPPINE share prices fell 1.5 per cent yesterday in thin trading as investors stayed out of the market ahead of the elections, analysts said. The Philippine Stock Exchange Composite Index fell 31.72 points to close at 2,122.19. Turnover dropped to 824 million shares worth 642
      AFP  -  269 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares tumble as RHB trading resumes
        344 25 AFP CI Composite Index -14J2 MALAYSIAN shares ended 2.3 per cent lower yesterday after the resumption of trading in shares of the Rashid Hussain Bhd stable and falls in other index linked counters. "RHB's takeover of Sime Bank is not so favourable to investors.
        AFP  -  344 words
      • Article
        Untitled
        8449 25 wousTRiAis wmwmmmmtmMmmmmmmm CmnMf pntKti 1998 Last Va4 Day Net Cap High Low Cwmy Sale "000 HlgK Lew Pft $mM 310 WO Ajinomoto 245 unch 1 245 245 13.5 99.3 148 73 Angkase 80 -3 60 83 75 1.9 08.0 290 123 ApoNo Food Hlq 162 4.7 64.8 388 190 Ber|eyaLand
        8,449 words
    • WARRANTS & OPTIONS
      • Article
        Keppel T&T wrt worth second look
        174 26  -  WARRANT WATCH -By\ R Sivanithy ACCORDING to some observers, the slight rise in the Keppel Telecom Transport stock yesterday was driven by hopes that it might still win a telecoms licence, albeit by default. This is because of the confusion over whether GTE is
        174 words
      • Article
        Untitled
        3436 26 MNM, LOANS i VARIANTS m im LMt Vrt Day Ht«h Lw Strto CMnpany Ml Wf COOO) MUh Law Buyar *a«» Prtc 215 9 m 3000 m AMOB c5.5%*****6 12.5 0.5 I 12.5 12.5 12.5 13.5 2ft5 8 3160 "*c« ******1 US$ 11.5 -1.5 28 13 t5 5 12 95 8.5
        3,436 words
    • Article
      CLOB INTERNATIONAL
      2192 26 Transaction date Apr 27 MALAYSIAN STOCKS Gr Cr MM Last Vol Day Last 0u*te Mr Mr VM Nat MC<f Htgh L— Stwo Company M« COOP) MHfc Law lhg> ST CV M 135 28 m ***** AISB SOc 61 Ti fn 68 59 61 615 10 33 17 214
      2,192 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6602 27 Transaction date: Apr 27 j Or Gr m W1 HH Lest Val Day LMl BwO Wv W» VM Nat Cap *»1 nh> Law atw ciwum rooo) hn» t— r w w 43 18.5 1020 ACE 0ynamlcs60c.... 25 -2 19 25.5 25 24 26 0.3
      6,602 words
    • Article
      SESDAQ
      1236 27 6f Of M Wt 1998 LMt Vat Day Last Owata Dt» W* Yld Mat Cap A** High SIM* Campany Sal* COOP) Mtfh Law lnyat S«*ar C'vt >/l S<ni Prtca 134 92 a 2000 104 100 102 50.7 103 243 76 a 2049 ASAutelOc 179 -4 83 183 179 179
      1,236 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        216 28 Stocks Volume •RHB Cap Wt99 25.142,000 •RHBCapBhd 13,018,000 Easyknit HKIOc 10,632.000 •M Resources 8.014,000 •Rekapacific Bh 5,755,000 •Renong Bhd 50c 5.475,000 SingTel 15c 5,059,000 ♦MBf Capital 4,473,000 DairyF US5c 3,538.000 •Uniphoenix 3,061.000 Stocks SPN 19,098,690 •RHBCapBhd 15,409,340 SingTel 15c 12,782,730 City Dev 50c 10,370,005 •RHB Cap Wt99 9,860,760 UOB Foreign
        216 words
      • Article, Illustration
        HOT STOCK
        70 28  -  by, Shiv Taneja DAIRY Farm International closed one US cent lower yesterday at US$l.3l on a volume of 3.54 million units, compared with its 10-day traded average of 1.33 million shares. The daily and weekly RSI and Stochastics are overbought, and this stock is likely to come under
        70 words
      • Article, Illustration
        Market stays weak amid sharps falls in HK, Tokyo
        693 28  -  STOCK MARKET COMMENTARY Adding to woes is renewed selling pressure in Malaysia where the RHB stable suffers steep drops on resumption of trading By R Sivanithy [SINGAPORE] Sharp drops in Hongkong and Japan yesterday, and in the yen, led to the
        693 words
      • ON THE GRAPEVINE
        • Article
          Calling beer drinkers
          145 28 YOU know what some cynics say about drinkers. They don't drink all the time just when they want to celebrate, when they are bored, or when they need to drown their sorrows. Well, we've got good news for beer drinkers. Apparently, a local ad agency is looking
          145 words
        • Article
          Let's talk
          65 28 SINGAPORE Telecommunications Ltd is to get a new senior director for corporate communications following the resignation of a long-serving employee, JS Goh. Ivan Tan will head the division, we are told. Mrs Goh, who is also the wife of High Court Judge Goh Joon Seng, has been with
          65 words
        • Article
          Ready for Y2Kacs?
          146 28 Y2K is the short-form for the year 2000 when, it is feared, chaos may reign because a lot of companies' computers around the world are not equipped to handle dates associated with the year 2000 and beyond. According to a Reuters report over C-Net Central, the British
          146 words
        • Article
          But here's the good news
          84 28 A REPORT last Friday confirms that computer people skilled in the ways of Y2K. as well as in solving the issues associated with the euro, are in real great demand. Information-provider PA quoted the case of British IT staffing agency SBS Group. It has seen
          84 words
        • Article
          Going for 100 per cent
          90 28 STANDARD Chartered Bank, which is the largest distributor of third party unit trusts in Singapore, has added DBS Asset Management's 13 unit trusts to its stable. DBSAM is the second local bank-linked fund house which has tied up with Stanchart for the distribution of its
          90 words
        • Article
          Heads up, Europe...
          106 28 CRITICS have accused European governments of not being the most enthusiastic solution-seekers for the Asian crisis, pre-occupied as most are with the forthcoming euro. But perhaps the message will hit home over time. For example PolyGram, the Dutch entertainment firm, has seen its sales in Asia fall
          106 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      496 17 Mds The Advisory Firm inland revenue Seminar authority Banking Laws, Regulations and of Singapore 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 with the
      496 words
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      Page 18 Advertisements Column 1
      303 18 ItNROINONN FOR THE FTC CFA LEVEL 1 INTENSIVE REVISION COURSE llifll I Leve l lntensive Revision Course, |V J 107 A Sophia Rood, Singapore *****2 FTC is a leading provider of CFA training and has been conducting CFA courses in Asia since 1993. ■flpifM The intensive Revision Course is designed
      303 words
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      Page 18 Advertisements Column 2
      29 18 Why wait helplessly for New Version of Accounting software P At BSS we listen and incorporate your needs immediately. WECUSTOMIZE |BS S I 111, W«.w < umpl.l, |~,,*****1m: Soft- iik
      29 words
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      Page 19 Advertisements Column 1
      448 19 H 11 ■Vettf J HSB^sjar^rowtj^und INTRODUCING A NEW FUND THAT ALREADY HAS A TRACK RECORD. The HSBC Asian Growth Fund is a new unit trust fund in Singapore which invests into one of the more successful unit mists in the history of the region. 1 I'd like to invest in
      448 words
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      Page 20 Advertisements Column 1
      51 20 Get your company s own Domain Name on the Internet and connect your enterprise For universal connectivity, broad-band access, advanced technology ;K§^SSEESS2^nSpB and increased productivity at reduced cost From as low as $200 a month! Sing Tel charges and SGMIC yearly Fpps wi «ippi> CALL: *****00 E-MAIL: business@paciFic..iet.sg HQTSITE: www.paciFic.net.sg
      51 words
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      Page 21 Advertisements Column 1
      143 21 jHHJPH a [Sfflfj v Cathay Pacific EESjSEIS Ss| Ttf EK.SWECS PURR-FECT VALUE TO JAKARTA. KiKIKKI First Class KKiUfiM Business Class Both fares inclusive of 2 nights and full American breakfast at the Jakarta Hilton FREE! Swire Group I Flv C athay Pacific to lakarta, between 1 May and 30 June
      143 words
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      Page 22 Advertisements Column 1
      829 22 FRASER AND NEAVE, LIMITED mLmV (Incorporated in the Republic of Singapore) EXPIRY OF WARRANTS 1998 DATE Monday 27 April 1998 TO ALL HOLDERS OF WARRANTS 1998 OF FRASER AND NEAVE LIMITED TWS IS an Important notice which requires vour immediate action. Dear sir/Madam (1> Holders of Fraser and Neave Limited
      829 words
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      Page 22 Advertisements Column 2
      10 22 The Straits Times Classified whe W someone to ii—<?"-=• tltf
      10 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      32 26 J I the very J I that I found next day i/^— 1 through 1 Vroom,\ Classified. J Buying or seittrui throutf) The Straits Times Classified is cMkTs Ptof. IjJbJL—ll®—l 1800-737-1166.fi S
      32 words
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      Page 27 Advertisements Column 1
      166 27 •Ambaragr Fnwn [he West Gm.nl IM all lite way Pasi. Si the hes« w-ay to get where yrxi're soing is lo fly H with Ihe airline who can get you closes! m ft a No Other Airline \|T I A <**">■ whCTP you want to he. And that's Northwest. ill
      166 words
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      Page 28 Advertisements Column 1
      425 28 BUSINESS Notices To advertise call toll-free 1800-741 1883 NOTICE IS HEREBY GIVEN that, I Ong Ban Lee Francis of Block 434, Clementi Ave 3, #09-246 Singapore *****4, have applied for a Public House, First Class Licence in respect of M/s The Stable Pub Wine Bar located at No. 67, Pagoda
      425 words
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      Page 28 Advertisements Column 2
      327 28 NOTICE IS HEREBY GIVEN that, I Chew Siew Hong of 56 South Buona Vista Rd, #03-01 Singapore *****0, have applied for a Ist Class Public House Licence in respect of M/s LA Forketta Gastronomia Italiana Pte Ltd located at 491 River Valley Rd, #01-01 Valley Point, Singapore *****1, and that
      327 words
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      Page 28 Advertisements Column 3
      341 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JAPAN METROPOLITAN TOURS PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of JAPAN METROPOLITAN TOURS PTE LTD duly convened and held at No. 3 Shenton Way #09-04 Shenton House Singapore *****5,
      341 words
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      Page 28 Advertisements Column 4
      460 28 NOTICE IS HEREBY GIVEN that, I Tay Chuan Seng of 32 Pasir Panjang Hill Singapore *****4. have applied for a Wholesale Liquor Shop Licence in respect of M/s C S Tay Foods Pte Ltd located at 64 Woodlands Terrace Singapore *****8, and that this application will be considered by the
      460 words
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      Page 28 Advertisements Column 5
      545 28 IN THE MATTER OF THE COMPANIES ACT. CAP. 60 ANO IN THE MATTER OF LEE KIAN ANN CO PTE LTD Statutory Declaration by Directors of Company t Inability to Continuo Buainoss by Roaoon of ha Liabilitiaa I, Ong Kow Kai Ong Kaw Kai of 92 Henderson Road #15-160 Singapore *****2.
      545 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      323 29 Bridge News, Reuters THE stand-off on South American fixing finally came to an end on Wednesday and Thursday with activity largely mopping up operations. It would appear that in the light of some recent fixtures, particularly on routes 1,2 and 9 that the Baltic Freight Index at 1,011
      Bridge News,; Reuters  -  323 words
    • Article
      MARITIME STOCKS
      237 29 *ft *h w CWTOWrWuttw-OS* OMMHW 0.445 -0.00S 15 Cotes m»tKment 0.6 FreMit Links 0J1 unch M MHsWigs 0.315 Hal tun Hup a5S uncti 24 HltSCM 2ot«n 0.69 -0.00S S IMC HeMnqs HK 5.6 JeyaHeMlnqs 0.465 -0.01S 2 Jurenq SMpysrd 1M unch KM KappelCorp 4J6 0.12 4S0 KsmtFELS 4.62
      237 words
    • Article
      Search intensifies for missing M'sian tanker
      482 29  -  Owners offer US$5O,OOO reward for information leading to arrest of vessel By: Marcus Hand [SINGAPORE] A four-nation search for the Malaysianflagged tanker Petro Ranger, which is believed to have been hijacked by pirates, was stepped up yesterday as concern mounted for the safety of
      482 words
    • Article, Illustration
      Lock icon Amistad ship visits Hongkong
      83 29 [HONGKONG] Topsail schooner The Pride of Baltimore II sails past Hongkong's Convention and Exhibition centre following its arrival on a year long journey to Asia. The ship, which was featured in last year's Steven Spielberg film Amistad, is on the seventh leg of her journey from
      REUTERS  -  83 words
    • Article
      Two tugs built by President Marine christened today
      194 29 [SINGAPORE] US-based Hvide Marine is christening two new tugs today built by local shipyard President Marine. The two tugs, to be operated by Hvide Marine subsidiary Seabulk Offshore, are to be christened the Seabulk Carolyn and Seabulk Katie in a ceremony this
      194 words
    • Article
      Lock icon Patrick warned of high damages if it loses appeal
      483 29 AUSTRALIAN DOCK TURMOIL High Court will not consider election issue in deciding case Reuters [CANBERRA] Australia's highest court warned a union-busting stevedoring firm yesterday that it could face an enormous bill for damages if it failed to win legal backing for
      Reuters  -  483 words
    • Article
      Lock icon P&O Australia sees record cargo, seeks talks with union
      383 29 Reuters [SYDNEY] P&O Australia chairman and managing director Richard Heln said that his company was handling record volumes of cargo following the dispute by its rival Patrick Stevedores with its former union workforce. "I think what's happened over this dispute is
      Reuters  -  383 words
    • Article
      Hongkong's OOCL may set up stevedore operation in Sydney
      210 29 [SYDNEY] OOCL (Asia Pacific) Ltd, a shipping line controlled by the family of Hongkong chief executive Tung Chee-hwa, said it may establish a stevedoring operation in Sydney soon following discussions with Australian authorities. The planned ASBO million (5582.4 million) to AJIOO
      210 words
    • Article, Illustration
      Lock icon Howard caught between the docks and a hard place
      1048 30  -  A fight to the finish with the 'wharfles' could come at great political cost in an election year Fron Peter Lynch in Sydney IT was never going to be easy. But after more than a fortnight of waterside blockades and skirmishing,
      AFP  -  1,048 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      256 30 PAGE tyak Lloyd 9 ACL 9 Dongnama 3 ANL 3 ECL 5 i Accord 8 EttiwP"" 6 Appenstop 5 Eurohars i Astro 3 Ewvew Austral 9 FoonqSun 8 BSA 7 G U"* 4 Batamindo 7 Gemartrans 8 Bayswater 8 Genshpg 9 B tangMas
      256 words
    • Article
      SHIPPING GUIDE
      23305 38 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Atfv#rtls#r VlllH Voyaq# T#l#pnon# ETA ETA Adv#rtlS#r V»S1«I Voyag# TtWpNxw SIN OMt'n Nam* Nam# Numb#r Num6»r SIN D#«t'n Nama Nam# Numt>#r NumO#r ■BMBBMMNNB8MMMNNHMNHMNNMHHNNMNNNMNNMMMK 30/04 22/09 UASC SHANGHAI SEN WM821 49-*****17 A 04/09 04/04 CMA VILLE DC VIRGO S29W 49-*****22 T- *Bin 1AM <AR
      23,305 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        843 42 Vessel Voy No B*rth Arrival Departure *nnegret Cofcl Jm m *J07 alongside 2TJ4/21CO fcika Urm 1198 J03 alongside 2T 04/ i®°? BatulKin 005 J09 alongside 29 04/0500 Bwtan Mulya *****8 J02 alongside i7 0*/2M0 Bt jasa Lit am A<k27 JOI alongside Bt Rudi ind *****8 J01 alongs** W?030
        843 words
      • Article
        CONTAINER SCHEDULES
        1844 42 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofctng/Balwico Ritls Ship Voy Mo Etb/Btr Ptflod From To From aci u* oojo 20/1000 i* nmoo vnun 27/boo i M 27/1500 27/W1 27/BOO Ac. SM U4I W0T00 27/HOO 27/B59 27/7900 M 17/1500 until 17/1*00 a 27/1700 21/0651 21/0900 21 27/1700
        1,844 words
      • Article
        GLOBAL HOLIDAYS
        196 42 Apr 28 Brunei: Hijrah. Indonesia: Islamic New Year Muharram. Malaysia: Muharram. Apr 29 Japan: Greenery Day. Apr 30 Finland: May Day Eve. Netherlands: Queen's Day. n»yi Austria: Public Holiday. Belgium: Labour Day. China: Labour Day. Finland: May Day. France: Labour Day. Germany: Labour Day. Greece: Labour Day. Italy:
        196 words
      • Article
        COCKETT BUNKER MARKET REPORT
        964 42 THIS report compiled by Cockett Marine Oil Ltd. shows price ranees in US dollars instead at single 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
        964 words
      • Article
        VERITAS QUALITY REPORT
        442 42 Crt,, 180 Mai 969.4 0.7 W.O 0.08 123 0.06 »> u Bfiidu# Ash Aluminium Sfdimtnt ibovt E2S 0 0 6 iSJl 522*1 W ttf 380 Ave 986.0 OJ 16.0 0.06 29 0.03 *Ji2 380 Ma« 992 9 2.0 19.6 0.13 62 0.07 IWWI %ift m/m M/M —<*»«
        442 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Pilot error may have caused Bogota air crash
        285 43 Vital equipment for measuring altitude and distance not switched on: Colombian officials Reuters [BOGOTA] The crew of a Boeing 727 that crashed in mountains outside Bogota a week ago, killing all 53 aboard, may have forgotten to switch on vital equipment for
        Reuters; FILE PHOTO  -  285 words
      • Article
        Lock icon KL airport to be ready as scheduled
        144 43 Bernama [KUCHING] The Kuala Lumpur International Airport in Sepang will be ready for commercial flight operation by the end of June as scheduled, Transport Minister Ling Liong Sik said. He said at present several commissioning works were in progress to be ready for
        Bernama  -  144 words
      • Article
        Lock icon Vietnam Airlines to slash jobs, flights
        134 43 AFP [HANOI] Flag carrier Vietnam Airlines is set to cut flights and lay off more than 1,000 workers as part of a massive restructuring drive forced by falling passenger loads and mounting losses, a report said yesterday. The airline will cut 20 per cent
        AFP  -  134 words
      • Article
        Lock icon Volkswagen plans new models in China
        374 43 AFP [SHANGHAI] Germany's Volkswagen AG, which boasts the most successful car joint venture in China, plans to introduce new models of its Santana and Audi cars here, company officials said yesterday. The officials said a third generation Santana was scheduled to roll off the
        AFP  -  374 words
      • Article, Illustration
        Lock icon Honda president steps down
        245 43 AFP [TOKYO] The president of Japan's Honda Motor Co Ltd unexpectedly resigned yesterday, saying the firm was on a strong path for the future. "My most important role has been trying to drive Honda flexibly at this drastically changing time," Nobuhiko Kawamoto, 62, told a news
        AFP; FILE PHOTO  -  245 words
      • Article
        Lock icon US Airways, Boeing settle plane order dispute
        261 43 Bloomberg [ARLINGTON] US Airways Group Inc settled a legal dispute with Boeing Co involving the airline's 1996 cancellation of airplane orders, a move that lets the carrier sidestep a damage claim for about US$45O million (Ss7ll million). US Airways acknowledged a breach of
        Bloomberg  -  261 words
      • Article, Illustration
        Lock icon Bottom heavy
        27 43 [PARIS] An Air Canada jumbo jet, the cargo of which was unevenly loaded, sits with its nose in the air at Orly airport, Paris. AFP
        AFP  -  27 words
      • Article
        Lock icon Japan to scale down development of passenger jet
        251 43 Focus of YSX project will shift to parts and related equipment: report AFP [TOKYO] Japan is to halve its budget for development of a passenger jet code-named YSX and shift its focus of the project to parts and related equipment, a national
        AFP  -  251 words
      • LOG Book
        • Article
          Lock icon Dragonair's 1st qtr sales slightly down
          110 43 AFX-Asia [HONGKONG] Hongkong Dragon Airlines Ltd chief executive Stanley Hui said sales for the first quarter fell slightly from a year earlier, with the load factor for Hongkong-Japan flights at about 40 per cent and that for all flights at more than 60 per
          AFX-Asia  -  110 words
        • Article
          Lock icon EVA to fly direct to Ho Chi Minh City, LA
          102 43 Reuters [TAIPEI] Taiwan's EVA Airways said it was launching direct services from Kaohsiung to Ho Chi Minh City and Los Angeles on June 11. EVA Air, a unit of shipping giant Evergreen Marine, said in a statement it would offer
          Reuters  -  102 words
        • Article
          Lock icon China to open 4 new routes to Japan
          111 43 AFP [BEUING] China will open four new routes linking its north-eastern industrial region to Japan, Xinhua reported yesterday. From May 19, China Northern Airlines will fly from Shenyang to Osaka twice a week. On June 1, the airline will also open flights
          AFP  -  111 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1819 43 CTT FUCWT CT* Fl)6WT CT0 0f06 1845 IMTW 2359 AhiOftaM 6*975 1035 SOW 1710 S0990 0105 CVTX 2300 Ouangjhou MK S0803 H05 C2354 0910 «MM 1*7381 1930 8*7382 2055 CZ35I 2045 S0804 1020 OfBI 1930 Of82 2055 Hanoi **741 1310 **740 1410 S0229 J220 WI743 *25
        1,819 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      29 29 Howard caught between the docks and a hard place A fight to the finish with the 'wharfies' could come at great political cost in an election year. Page 2
      29 words
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      Page 29 Advertisements Column 2
      399 29 New Top Management at Airbus Industrie ML^Tyy Airbus Industrie has appolnttrtJiptl, Fortjeard, 51, as managmg director Dietrich Russell, 56, as chief operatlnq ©nicer. As No el Forqeard Dietrich Russell head of the European consortium Mr Forqeard comes from the Laqardere Group where he was president, and also chief executive of
      399 words
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      Page 29 Advertisements Column 3
      149 29 Pilot error may have caused Bogota air crash Equipment for measuring altitude and distance not switched on: Colombian officials. Page IB Howard oaught between the docks and a hard place, Page 2 ♦The air and land transport news and aircraft arrivals and departures are on page IS today The Principals
      149 words
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      Page 30 Advertisements Column 1
      852 30 —Hi [WWJ KARACHI EXPR EOT (< KX) mm vow« m m vtssti I I ju on |mh m [an |wg si ooa amohc* iswsi* S/S omr~ howwumm ok 11/05 is/os is/is 22/ os m/os so/os si/os ooaaau nwsis is/m omit** punouovdwmi in 20/05 n/os 22/05 20/05 02/0* o*/o* 07/04 PM"*™"
      852 words
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      Page 30 Advertisements Column 2
      778 30 Lmes services represented MerT sers o* Re 9 lStr y o* Hjjft Singapore Freight Forwarders Accredited Shipping Agents uUU Association Singapore Shipping Association FOR GREAT WE'VE GOT VALUE IT COVERED call for a new PRICE list now 0800 783 SI 33 OR *44 1278 "2302 CALL FOR A NEW PRICE
      778 words
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      Page 31 Advertisements Column 1
      1057 31 SAX SERVICE (DIRECT) I i yrep wy sum 1u» oak pai hou oo en. mm All nyc MIMHH 016 C 06/05 21/05 2S/05 25/0$ 26/05 26/05 26/05 26/05 27/05 27/05 AftSPWB. 002E 13/05 28/05 01/06 01/06 02/06 02/06 02/06 02/06 03/05 03/05 Aft SAKDONYX 0031 20/05 04/06 08/06 JS/06 09/06
      1,057 words
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      Page 31 Advertisements Column 2
      1750 31 HANJIN SHIPPING HHHiSMffMS(S)fTEOB **Ihmm immcm MOUNG 37M*****7 SAUS 32*0774 731 DOCUMENT 37W771 274 OffUIKWS 37M241 252 MAI* DM *****55 FAX 777W40 CIHO 11 *****0000 M TO NW USA A CANADA USA CANADA' mwi/voT |m| an umhah/vot I sa 1 nw 1 dbi pox o« msp m ptt wu» rni »wi
      1,750 words
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      Page 31 Advertisements Column 3
      384 31 FULLY CONIAINBtIIi P _P_ K P Z22PI VESSEL W_ _SM_ PKG VOT SIN HKG K& USN PUS y G j ;^-j KMTCUISAM IMS 10/04 21/04 WON 22/04 20/04 21/04 30/04 01/05 m I I jt/M IfflSSHOni M*N 101/051 03/05 KMTC PUSAN IOSN 24/04 01 /OS 03/05 OS/05 00/05 IMTC HELLING
      384 words
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      Page 32 Advertisements Column 1
      1480 32 DSR-SCNATOR UHES TO UK/CONTINENT TO RED SEA/Misur nmRANEAN/CANADA I VESSEL VOY LEH WTM AMR HAW MV Fix VESSEL VOY SM «T SPE R»__ _M£__ »mj_ CHOYANG ATLAS WNM K M ly» ~i7« 18 OS 20 #5 21M 22 OS SHAN6HAI SENATOR WMKI M M 11 MI7M M M 21M 23
      1,480 words
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      Page 32 Advertisements Column 2
      1349 32 MY LJNE YML Mtp: //wwv*. yml.com. tw Ajll44'Hr fk <1 \nMmiirmTmmirm7imMM\MMVvui7m?rmimm*uvi\Ai «»WVALRXEO oaytuesqat VESSEL vor LEH FXT HAM AMR HFA SIU MALACCA BRIOGE ABIOE SLD SLO SLD SLD SLO 28AM MING SUN ABIIE SLD SLO SLO SLO SLD 05/05 MING GALAXY ABI2E SLD SLO SLO SLO 28AM 12/05 GIBRALTAR BRIDGE
      1,349 words
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      Page 32 Advertisements Column 3
      453 32 LINE ay TKLs *****56 PAXi *****12 1 MUARA LABUAN vissa voy no n* vtssu voy rro n* SfOSf MUARA SfOM UN inosrat vni/w a/04 02/05 J-wosra viu/w a/04 02/05 AntGlOtT VIII/ 91 06/05 09/05 AfttOlOtT VIII/ 90 OA/OS 10/05 inosra vm/w 10/05 13/05 i.«os«« via/« 10/05 14/ os AntGUXY VI2I/98
      453 words
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      Page 33 Advertisements Column 1
      1532 33 VESSEL VOY SIN POU PKG PEW BLW SUR POP H* IRAN VOJDAN PJL 1278 18/04 IRAN GHEYAMAT PJL 1279 23/04 °2/°® IRAN VAHDAT PJL 1284 12/05 21/05 22/05 IRAN TAKHTI PJL 1286 19/05 28/05 29/05 IRAN TEYFOURI PJL 1287 26/05 04/06 05/06 MALACCA GLORY PJL 1285 I I I 14/04
      1,532 words
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      Page 33 Advertisements Column 2
      1201 33 SAILING ffil to smmm wmW&m SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TIL 226 1900 FAX: *****09 OUTWARD (l/l) *****02 JOHORE OFFICE: COSTAR SHIPPING PTE LTD #17-06 D6S6LDG SALES/M(GS *****41/43 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BND a MO-**********0* TOWIR TWO (*****9) CONVENTIONAL *****50/55 T/SHPMT DIPT *****25 TEL
      1,201 words
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      Page 33 Advertisements Column 3
      605 33 14-=, EASTERN CAR UNER, LTD.""Si«S,r t IE KL (SINGAPORE) PTE LTD 1 SPtOAUZi IH RORO HEAVY UfT UPTO 122 TOWS ECi (SIHSAWKE} PTE LTD LOADING FOR YANGON CHITTAGONG PORT KLAN6 MUARA/ HONGKONG MV "OCEAN BRAVE" V.B MV "ORANGE SKY" V.Bl ETA SN 28/04/98 ETA YGN 03/05/98 ETA SIN 28/04/98 ETA
      605 words
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      Page 34 Advertisements Column 1
      1284 34 EUROPE/UK/SCANOINAVIA/f INLAND/RUSSIA rSGPI POM ANW HBG THP ZEE LHV LHV THP RDM ANW HBG PKL SGP E. RENOWN RW-028 02/95 20/05 25/1)5 21 05 23/05 24/05 E REACH RE 018 04/04 06/04 05/04 07/04 09/04 01/05 03/05 E. DAINTY RW-005 09/05 29,05 03,06 30/05 01/06 02/06 03/06 E GALLANT RE-055
      1,284 words
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      Page 34 Advertisements Column 2
      1013 34 I MAC-NELS S PORE M'SIA Carrier: MN CONTR LINES, INC l-|Sr/\- J cm NO< IWM7BOOOM SIB U (064) *****9 MANILA: (632) *****24 V PENANG: (04) *****36 BANGKOK: (862) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MPN: (61) *****3 KUCHXO (062) *****1-3 MANILA CENOA/RARCELONA/LE HARvT MV "ANRO
      1,013 words
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      Page 34 Advertisements Column 3
      407 34 NANTAI LINE FULLY CONTAINERISED SERVKE TO MAURITIUS SOUTH AFRKA vtssa I vor I sw I rm 1 pu» cpt I r/mT WAWKU PRINCESS WIS 30/04 14/ OS 17/05 NANIAI QUEEN VO27S 09/05 17/05 72/05 74/05 W/05 mumm Yoots 17/05 ?4/os 30/05 03/04 NANUIPBNa YO?7S 75/05 07/04 11/04 MjjjWWjUS Y0275 02/04
      407 words
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      Page 35 Advertisements Column 1
      408 35 i BSA a, I Mfc MYANMA «HBk FIVE STAR LINE (Myanmar National Lint) Loading far Yangon (Rangoon) VESSEL VOT SM PKG PEN PGU ■AGO 101W SID MERGUI 143W IN PT MALAYSIA AGENTS: lOUSTEAD SHIPPING AGENCIES KUI: HI 02-03-*****00 PKL Til 02-03-*****01 PIN: TU 02-04-2****** PGO; HI 02-07-*****21/4 BANK LINE (A
      408 words
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      Page 35 Advertisements Column 2
      1191 35 ▲HYUNDAI MERCHANT MARINE CO. LTD. iEPl4'llFLll" ls%| RUNE 305W 01/ OS 22/05 23/05 17/05 19/05 THAMCS 3051 04/04 11/04 00/04 09/04 30/04 NOIPEARL 311W 04/05 20/0$ 21/05 23/05 24/05 NOl AGAJI 3101 00/04 15/04 11/04 14/04 02/05 SSw 304W 07/05 25/05 30/05 27/05 21/05 NOl TOURAULME3O2E 17/04 11/04 12/04 14/04
      1,191 words
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      Page 35 Advertisements Column 3
      1026 35 fIH norwogion spaooteod outocomtn WJRUFMLH£LA4S£H fIV WmUH£S TO NORTH AND LATIN AMERICA HKVYUFT SERVICE" [vessel voy ramp won sin lax ati mia sav ial ore nyc new mot van mv 4Wt« DK "Wsn*7sr6i/k UTS MTH 16/6* TT7W u/a* W/M w TAMPER! FIIO 400 Tow 6.3 M 10/0S 10/04 19/0* 22/0*
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      Page 36 Advertisements Column 1
      697 36 BAMOKOK/LAIM CHABAHQ JAKAWTA/PANJANO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN KITI BHUM" 51N In Pt 01/05 PEJA BHUM 745S In Pt 01/05 30/04 BANI BHUM 95N In Pt 02/05 01/05 MATHU BHUM ***** 30/04 02/05 1 NANTA BHUM 381N 29/04 02/05 03/05 MATHU BHUM 363S 30/04 02/06
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      Page 36 Advertisements Column 2
      408 36 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0208 TEL: *****68 FAX: *****64 TLX: R*****6 SINMER HfV CR No: **********0W Receiving Cargo at PTI Bintulu Muara VESSEL VOT SIN uy VISStt VOY MM §UA (Mo* V9805/E3O-01/05 07/05 MG«U V9SOBE 02-03/05 08/05 ISern V9809E 08-09/05 14/05 NJdt Y9807E 04-07/05 12/05
      408 words
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      Page 36 Advertisements Column 3
      655 36 1 ACCORD Mm SHIPPING PTE LTD V—S TIL *****15 (40 Una*) PAX *****30 ntTUAHG (03) 367 1001 B M DIRICT ACCESS Til: *****55 (EXPORT BOOKING) MSIV GUDAMC (07) 351 1377 *****34 (IXPOKT OOC), *****39 (IMPORT) POUNG (04) 33? 144» URL; HTTP://WWW.ACCORD.COM.SO JAKAKTA j (71)640 0770 POKT IU SIM FOOT ilk
      655 words
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      Page 36 Advertisements Column 4
      184 36 #09-00 NEHSONS BUILDING 24 PECK SEAH STREET SINGAPORE *****4 CR NO: lowmoooow BOOKING/ENQUIRIES TEL: 323 1133 FAX: 221 4053 TLX: R*****0 FSSHIP VESSEL VOY SIN ETA SINETD DESTINATION NEE DUX 1 09/98 IMPORT 29/04 PtAIU/PALEMBANG SUN FLOW 10/98 04/05 05/05 PONTIANAK/SINTETE SUN RAY 07/98 INPORT 30/04 BENGKULU/PAOANG AGEL 06/98 29/04
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      Page 37 Advertisements Column 1
      368 37 INDONESIA NATIONAL LINE TO EUROPE ~T EXPRESS SEMI-CONTAINERISED SERVICE ""«I VOY S PORE A OAM/R OAM H BURG BREMEN ANTWERP A VESSEL «SWB 27/Ofl OMIT 2/7 TO AUSTRALIA FULL COtTOUNEB SERVICE VS. VOT fflE mt SYD Ma M»a| MX. ffll KASUGAI MM 23/04 25.0* KMX OMB 1106 IMB 17« no
      368 words
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      Page 37 Advertisements Column 2
      885 37 CagaaPlf PACIFIC INTERNATIONAL LINES (PTE) LTD I -'wLUL'jT 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I CB NO **********06 luKCfi VOT PKI "SMT™* STB MO. AM Ml PKI _SB— KOTA PEBWIBA WWROO3 24/4 11/* 9/5 JV* oog aimjty on 1/5 27s u/s u/s iy n/s w/s 3Zr KOTA
      885 words
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      Page 37 Advertisements Column 3
      799 37 yrawgift VOY "5T JED MLA LEH HAM THP RTM ZEE Vt±E DE ANTARES L2SW 28/04 06/06 IUBS 17/06 18/05 2tVO6 2M5 21/06 VtLEOEVWGO S2SW 04/06 13/06 18/06 24/06 25/06 27/06 27/06 26/06 VXEDEVELA N2SW 12/06 20*06 25/06 31/06 01/06 03/06 03*06 04/06 VK_L£ OE GEMMA M2SW 19/06 27/06 01/06 07/06
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      47 40 ST^|Dial74^oo^O^^€ril3nQ (Retrieve more schedules!) Press "1" c ,jC\ Select the port and key in STjCf the four digit code eg: To New York (NYC) 2275 Key in your fax number I your phone number Another Innovative service offered by The document Will be Shipping Times s J3iJ"^,SJSzL
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  • Page 42 Miscellaneous
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      Page 42 Miscellaneous Column 1
      142 42 —T737T- MV, H, [Regional Weatherl/ v >, 222 1222! liioE sSjZ^os LEGEND: R Thunderstorm Temperature o c X\ Shower Weather _X Wind direction with speed m knots Rom \_y i Cloudy Sky Wove h "9 h Surface winds are mdicoted by arrows which Hy with the wind O o°e fu
      142 words
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      294 44 Congratulations to Offshore International, Inc. (A HVIDE MARINE COMPANY) on the occasion of the christening of two 34M Z-Drive Tugs. M.V. SEABULK M V ULK AROLYN j33L-~ ><&, J rd proud to be the builder... Another Milestone Achieved. s t, v. -p- v ;#n A* v '<Mm \*k/ mm n
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