The Business Times, 30 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 85<t SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, APRIL 30, 1998
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  • Article
    MARKET SUMMARY
    66 1 sra I£Q2JI (+20.34) BT-SU OSJ2 (+4.69) BTOO9KP U73.44 (+8.99) wmnvßk U7ILBB (+12.05) gj MUSKET MOOD: STOCK MA1KET INDICES Wednesday Change KJ-SE COUP ***** +104 NIKKEI dosed HANG SENG 10,471.11 -207.46 SET INDEX ***** -72® JAKARTA OOMP —.***** 2029 MANILA COMP __2,IJM9 +72 TAIPEI WPI *****6 -86.22 SEOUL COMP
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  • Article
    FINANCE
    76 1 PQIEX RATES USS SI US$ 1-501 £(US$/SS per 1666 1669 DM 1.799 0.884 YEN 132.4 IM* MS 3.766 9.4J4 HKS 7.748 0.206 BAHT 38.60 0.041 RUP1AH 8.15& 0.020* St to 109 units FUME BATES SINGAPORE* —7.79 KUALA LUMPUR 11.50 JAKARTA 28.00 BANGKOK 14.75 MANILA 21* HONG KONG 10.25 TAIPEI
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  • Article
    GIC pays US$258m for 15% of Thai Farmers Bank
    817 1  -  Investment in 3rd largest commercial bank is GICs biggest in Thailand From Harish Mehta in Bangkok IN ITS biggest investment yet in Thailand, the Government of Singapore Investment Corporation (GIC) has purchased shares worth US$25B million (Ss4lo million) in Thai Farmers
    817 words
  • Article
    PSA Corp joins billion $ league
    415 1  - PSA Corp joins billion league Robust margins boost port operator's pre-tax to $l.lb By. Marcus Hand [SINGAPORE] PSA Corporation's profit surged past the $1 billion mark for the first time last year, chalking up another milestone just months after its transition from a statutory board to a corporation. Robust margins
    415 words
  • Article, Illustration
    S'pore, markets abuzz with talk of RM30b KTM land deal
    521 1  -  By'. Diana Oon, Ang Wan May [SINGAPORE] Persistent market buzz that Malaysia had agreed to sell to Singapore the land owned here by the Malaysian Railway (KTM) for 30 billion Malaysian ringgit (5512.7 billion) pushed up the ringgit and Sing
    521 words
  • Article
    Avoid bailouts and use of public funds, IMF urges M'sia
    695 1  -  It says need for transparency crucial to sustain confidence By' Vikram Khanna (SINGAPORE) The International Monetary Fund's executive board has urged the Malaysian government to avoid bailouts of troubled companies and guard against the use of public funds for such
    695 words
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      115 1 nBBPB Omttoattri Creative Technology shares rose yesterday after the company reported higher third quarter profits of USs4sm and said it would spend USIIOOm buying back its shares, Pf 17 Whiter the yuan? Internal rather then external factors now hold the key to the yuan's stability, says Lu Ning in his
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      10 1 PSA optimistic regional recovery has begun, Shipping Times Pg 1
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      99 1 From foot to food ■■gwy p B 1/ The wsKmrnn welcomes I rfan's i [SINGAPORE] Football star Fandi Ahmad and his South African wife Wendy Jacobs are setting up Singapore's first smokehouse —a South African restaurant concept. The restaurant, named Irfan's Capetown after his son, will open in August at
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Bids for 4 govt industrial sites rejected as too low
      359 2  -  Arcasia Land, a unit of JTC, was the only bidder for three of the sites By] Diana Oon THE government has rejected bids for four industrial sites put on sale in a tender exercise which closed in February, saying that
      359 words
    • Article, Illustration
      StarHub leaving nothing to chance
      678 2  -  It called for supply tenders four days before learning it won phone licences By' Teh Hooi Ling STARHUB is wasting no time in rolling out its network. The consortium called tenders for the supply of equipment last Monday four days before the announcement that it
      678 words
    • Article
      Far East to use virtual reality for hotel design
      160 2 FAR East Organization will use advanced visualisation technology to design its ambitious Fullerton Hotel and Fullerton One shopping mall projects that are slated to open by end-2000. This will make it the first private sector company in South-east Asia to use
      160 words
    • Article
      TAS to review tender submission
      352 2  -  Some aspects of process to be changed after P2P By' Teh Hooi Ling, Catherine Ong THE Telecommunication Authority of Singapore's tender submission process will be reviewed, and certain aspects of it changed, to prevent another P2P fiasco, said Communications Minister Mah Bow Tan last night.
      352 words
    • Article, Illustration
      Lock icon Bomb shelter act in force from tomorrow
      253 2 BOMB shelters in all blueprints for private property developments. This is what housing plans submitted to the Urban Redevelopment Authority for its seal of approval from tomorroware expected to have. With the Civil Defence Shelter Act kicking into force from May 1 after
      CHRIS LOH  -  253 words
    • Article
      ABS makes U-turn on charges for cheques
      305 2  -  It drops guidelines plan after hostile public reception Clarissa Tan IN AN about-face, and after a hostile reception from the public, the Association of Banks in Singapore yesterday said it would not impose guidelines on charges for cheques after all. "The ABS has
      305 words
    • Article, Illustration
      Lock icon Weak outlook seen for S'pore
      287 2  -  EYE ON THE ECONOMY Economy By, Audrey Tan THE potential benefits of a weaker Singapore dollar have not been realised, and external demand continues to be weak, says Consensus Economics. The London-based firm found that the economic outlook for Singapore for 1998 continues to deteriorate,
      Source: Bloomberg  -  287 words
    • Article
      PM Goh: wage adjustments ahead
      335 2 MAT DAT MESSAGE Full impact of Asia financial crisis yet to be felt, he warns PRIME Minister Goh Chok Tong has called on workers to brace for further wage restraint as the full blow of the regional financial turmoil has yet to be felt. "The
      335 words
    • Article
      Recession unlikely for S'pore this year, says IMF
      481 3  -  Some Asian economies seen recovering to 5-7% growth by 2000 By. Audrey Tan SINGAPORE is "very unlikely" to slide into a recession this year but economic growth may still slip below 3 per cent, an International Monetary Fund (IMF) official said here
      481 words
    • NEWS Roundup
      • Article
        Lock icon JTC nominated for Aussie port project
        54 3 Reuters [PERTH] Jurong Town Corp is one of three preferred bidders nominated for a project to build and operate a new seaport in Western Australia, the state's transport minister Eric Charlton said in a statement. The others are French-based Egis Group and consortium James
        Reuters  -  54 words
      • Article
        Launch of IMF-S'pore training institute
        40 3 THE International Monetary Fund (IMF) and the Singapore government will launch the IMF-Singapore Regional Training Institute in Singapore on May 4. Attendees at the launch include IMF chief Michel Camdessus and Finance Minister Richard Hu.
        40 words
    • Article
      Japan foreign minister visits S'pore next week
      231 3 JAPAN'S foreign minister, Keizo Obuchi, will arrive in Singapore on Monday for a two-day maiden visit which Singapore officials said would improve further bilateral relations. His visit will coincide with a gathering of finance ministers and central bank officials from Asia to mark
      231 words
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      195 2 I Sefx, Liea I andlfli I AraijitioJl I j&FM tjn I f*> I W>' v In the world of $Wr politics, scandal I imo and intrigue are Profiling renowned mm J political figures, />' Premiere 12 tackles JP™- V t^C mP "l HilWlP Foreign fV 1 y "Stuffed with good
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      52 3 0 MIKIMOTO The Originator of Cultured Pearls Since 1893 \j C.T. HOO V Singapore #01 22 r v_ Tanglin Shopping sjn a C o e r n e tr 2 e 47go9 Tel: *****47,*****4 V /M^mFl' |k I Hh^ 9 i3kJl HiA JH» 51 Htek /1 Jj??' jH' A v
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      223 3 Free international calls with your next course? i I 1 1 4 i J It's easy with Citib a n k Sing Tel ICC Visa. Here's so met hi n*i to whet \our appetite he! ore your next dininii expeiieißC. You can now earn tree international calls e\er\ time sou
      223 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Pidemco net profit falls 54% after provisions
      524 4  -  But president projects 12-15% annual increase in net earnings for 1998/99 Reports by, Jenny Lam [SINGAPORE] Pidemco Land, which joined the Singapore Technologies group a year and a half ago, expects improved earnings this year after posting a 54 per cent fall in
      524 words
    • Article
      $440 psf tag for Rivervale
      297 4 PIDEMCO Land will launch executive condominium The Rivervale tomorrow at an average net price of $440 psf. And it plans to bring to market two more exec condo developments and private leasehold condo Clearwater View within the next 12 months. About half of the units
      297 words
    • Article, Illustration
      GGET opens Balestier hotel
      337 4  -  Company's first move into hotels will target businessmen, technical staff fly- Abdul Hadhi [SINGAPORE! Enterprise 50 company GGET Corp has picked the unlikely location of Balestier to mark its diversification into the hospitality industry. Its first and flagship hotel, Robinson International Hotel (no relation to retailer
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    • Article
      Corrections and clarifications
      39 4 In the table entitled Under the hammer published on Tuesday, we listed 69 Emerald Hill Road as a "Sheriff Sale" when it should have been a "Sale By Court Order". We are sorry for the error.
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      129 4 KVn IB First Sale By Tender Of Strata Units C CAUSEWAY SEMWWANG Y ROAD >Ngg^«'\^^^ T0 Q **s r| ,'> \&> c, >^/ V TOYISHUN'^^ V V TOWN 'tX y ADMIRALTYMRT /^x. I A WOODLANDS NEW wnnm m oJ^ *^Ssy y\ TOWN MRT -WOODLANDS V > BPNo.:PWDBCDBPF-*****-978PAM003 -y^ s? *Good
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      124 4 FACTORY ALONG MARSILING ROAD Located at the fringe of Marsiling industrial estate Land area: 120,328 sq ft Floor area: 100,000 sq ft Tenure: HDB leasehold 60 years from Ist September 1974 Land rent: $12 per annum Close proximity to Woodlands MRT station For enquiries, please contact Sole Marketing Agent 320
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Security forces drive Indon students back to campus
      416 5 MEDAN No immediate sip forces intend to move on to N Sumatra university campus Reuters TEAR GAS filled the air yesterday as thousands of Indonesian students, many throwing stones, clashed with security forces here in a protest against President Suharto. They surged
      Reuters; REUTERS  -  416 words
    • Article
      Lock icon Visiting China trade team to meet Mahathir
      189 5 KUALA LUMPUR Reuters A 29-member Chinese business delegation has arrived in Malaysia to explore investment and trade opportunities, the Chinese embassy said yesterday. The delegation was set to meet Prime Minister Mahathir Mohamad and Primary Industries Minister Lim Keng Yaik later yesterday, a
      Reuters  -  189 words
    • Article
      Lock icon Big rise in SE-A political risk, especially in Indonesia: Perc
      351 5 HONGKONG HE, Taiwan, S'pore, China will continue to weather crisis relatively well Reuters POLITICAL risk in Asia has shifted south as a result of the regional economic crisis, the Political and Economic Risk Consultancy (Perc) said in a report. The
      Reuters  -  351 words
    • Article, Illustration
      Lock icon Aussie car parts makers upbeat on Asia
      457 5  -  SINGAPORE Fundamentals will ensure car demand rebounds, they say By' Ven Sreenivasan AUSTRALIAN car component makers expect their exports to Asia to continue growing strongly despite the current financial crisis. Although car sales have fallen by 40 to 60 per cent in markets
      REUTERS  -  457 words
    • Article
      Lock icon Foreign firms leaving Ho Chi Minh City
      219 7 HANOI Bloomberg, Reuters VIETNAM saw more than 10 per cent of foreign companies shutter representative offices in Ho Chi Minh City, the nation's de facto business capital, in the first three months of the year. Sai Gon Giai Phong reported, citing city officials.
      Bloomberg,; Reuters  -  219 words
    • Article
      Lock icon Thailand set to relax stand against illegal workers
      380 7 BANGKOK Decision likely to come just before planned expulsion of thousands of illegals AFP THE Thai government is set to relax its tough stance against alien workers just two days before the planned expulsion of thousands of illegal labourers, officials said yesterday.
      AFP  -  380 words
    • Article
      Lock icon Asean voices concern over jobless
      344 7 HANOI But draft statement shows little progress in initiatives Reuters ASEAN labour ministers yesterday expressed concern about the unemployment fallout from the region's economic crisis, but appeared to have come up with little in the way of major initiatives. A draft communique showed Asean objected
      Reuters  -  344 words
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      136 5 wHm^^W^Ua^mE^ 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 driver's. Visit Performance it. Still, the great respect it commands springs far
      136 words
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  • MARKETS IN TURMOIL
    • Article
      Lock icon South Korea, IMF agree on new targets
      348 6 They include forecast of Ist Korea recession since 1980 Bloomberg [SEOUL] South Korea and the International Monetary Fund (IMF) agreed on new targets for the country's economy, including a forecast of the first recession since 1980, in a review that will pave the
      Bloomberg  -  348 words
    • Article, Illustration
      Big foreign capital inflows blamed for crisis
      460 6  -  ADB ANNUAL MEETING ADB chief says local financial systems could not cope From Anthony Rowley in Geneva ASIAN Development Bank president Mitsuo Sato yesterday put the blame for the Asian financial crisis squarely on heavy inflows of foreign capital into the region and
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    • Article
      Markets fall on mixed signals from Jakarta over IMF reforms
      605 6  -  But senior IMF official credits govt for its acceptable job in meeting targets Prom S N Vasuki in Jakarta JAKARTA stocks and the rupiah retreated yesterday as investors focused on Indonesia's apparent reluctance to implement the latest IMF accord, but
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    • Article
      Lock icon Indon bank reforms lacking: S&P
      199 6 Bloomberg [JAKARTA] Indonesia isn't moving fast to close and take control of the weak banks in its "dramatically undercapitalised" banking system, jeopardising the outlook for economic recovery, Standard Poor's ratings service said. The Indonesian Bank Restructuring Agency a government body created this year isn't being
      Bloomberg  -  199 words
    • Article, Illustration
      Lock icon Crying in support of BOT governor
      74 6 [BANGKOK] A Bank of Thailand (BOT) employee hiding her face while crying during a rally to show supportfor BOT governor Chaiyawat Wibulsawasdi outside the bank s head office yesterday. Hundreds of BOT employees gathered to show their support for Mr Chaiyawat and demonstrate discontent
      AFP  -  74 words
    • Article
      Peso drops as foreign funds dump currency
      419 6  -  From. Al Labita in Manila FOREIGN fiinds, wary of a looming Joseph Estrada presidency, yesterday dumped pesos for US dollars, forcing the central bank to intervene anew to curb speculation on the currency. The central bank raised its overnight borrowing and lending rates
      419 words
    • Article
      Lock icon Asian stocks may sink again: Templeton's Mobius
      497 6 He says entire region is undergoing 'base-building' Bloomberg [NEW YORKJ Thai. Korean and other Asian stockmarkets, among the world's best performers in the first quarter, are likely to sink again, said Mark Mobius, president of the US$l5 billion (5523.8 billion) Templeton Emerging Markets
      Bloomberg  -  497 words
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      502 7 I MADE IN GERMANY SINCE 1842 f H Tho hallmark of Offermann is restrained elegance. This superior Business case provides optimal performance due to its strength, layout and lightweight construction. Matt-block combination lodes ensure easy use and high security. A special additional feature is a Shirt Bag, which fits inside
      502 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Rival Suzhou park bags US$120m
      393 8  -  SINGAPORE But Singapore-led Suzhou Industrial Park says it has more foreign investment this year By] Lu Ning THE Suzhou New District, the industrial estate that rivals the Singapore-China Suzhou Industrial Park, reportedly attracted a total of US$l2O million (*****.7 million) in pledged investment in the
      393 words
    • Article, Illustration
      Lock icon HK bakery chain goes bust in cash crunch
      442 8  -  200 more outlets could dose this year, operators warn From Loh Hui Yin in Hongkong THE sudden closure of the established Maria's Bakery chain in Hongkong lends credence to a warning that another 200 food outlets here could go bust by year-end.
      AFP  -  442 words
    • Article
      Lock icon Fraud alleged at listed firm linked to Deng's family
      303 8 SHANGHAI Reuters CHINA is pressing criminal fraud charges against top officials of a listed company in a politically-charged scandal that brushes close to the family of the late Deng Xiaoping. Chinese media said yesterday that Ma Yuhe, former chairman of Minyuan
      Reuters  -  303 words
    • Article
      Lock icon US signs'hot line' agreement with China
      269 8 US signs 'hot line' agreement with China BEIJING Jane summit will focns on ties in 21st Centary: Albright Reuters US SECRETARY of State Madeleine Albright, paving the way for a presidential summit in China, yesterday signed an agreement for a "hot line" between the White House and Zhongnanhai, the seat
      Reuters  -  269 words
    • Article
      Lock icon Beijing plans projects costing 117b yuan
      186 8 BEIJING AFP CHINA'S capital will spend 116.5 billion yuan (5522.3 billion) on major projects ahead of the 50th anniversary of the 1949 founding of communist China, reports said. The injection of funds aims to ease traffic and improve air quality and sewage disposal, vice-mayor
      AFP  -  186 words
    • Article, Illustration
      The key to yuan stability
      686 9  -  CHINA WATCH Internal factors will determine how steady the currency Is In the coming 12 months By Lu Ning CHINA unveiled its first quarter economic report card last Friday. And it showed that, contrary to conventional wisdom, internal factors rather than external factors are more
      686 words
    • Article
      Lock icon Two China banks to raise lending to pump up economy
      267 9 BEIJING They will increase loans for housing and infrastructure AFX-Asia THE Industrial and Commercial Bank of China (ICBC) and China Construction Bank said they will increase lending to help the country achieve its economic growth target of 8 per cent
      AFX-Asia  -  267 words
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      52 8 CNBC ASIA BUSINESS NEWS. THE MORNING RITUAL FOR ASIA'S BUSINESSMEN. 1 < i v V^'^r yt < >*1 V; .Wv*:L M v A t I > V;v ,v V I V w V.;v '-V\ •"■■■'j y f; 7-* f'»"'r» ;V k*s --y l X -'a..' -y-M$ t i Service of
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  • Page 9 Advertisements
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      183 9 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 captive insurance companies for qualified applicants. For
      183 words
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      137 9 Ma c «s^ Singapore's one and only duck restaurant at Hotel Negara Mother's Day Semi-Buffet Lunch Sunday, 10 May 1998,12 noon tO 2.30pm A fabulous Semi-Buffet Lunch for the greatest person in the world! Featuring succulent, fresh oysters, and crispy, juicy Peking duck as starters, it's the perfect feast to
      137 words
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  • ASIA
    • Article, Illustration
      Lock icon Kim Jong Il calls for unification with South
      389 10 TOKYO Media run open letter signalling readiness for talks Reuters NORTH Korean media yesterday published an open letter by leader Kim Jong II calling for unification with the South in what a leading expert said was one of the most important documents
      Reuters  -  389 words
    • Article, Illustration
      Lock icon Central bank of India eases curbs on lending
      447 10 BOMBAY Key interest rate also cot in move to jump-start economy Bloomberg, AFP INDIA'S central bank yesterday cut a key interest rate to 9 per cent from 10 per cent and eased other restrictions on lending to jump-start the economy and reduce
      Bloomberg,; AFP; REUTERS  -  447 words
    • Article
      Lock icon Japan's industry cuts investment abroad
      216 10 TOKYO Weak yen prompting shift of some plants back to Japan Bernama OVERSEAS investment by Japanese manufacturers as a percentage of domestic investment fell for the first time in five years in fiscal 1997, ended March 31, largely because of the weak yen, the trade
      Bernama  -  216 words
    • Article
      Lock icon S Korean exec in graft probe attempts suicide
      159 10 SEOUL AFP A SOUTH Korean executive stabbed himself in the throat in an attempted suicide while being questioned over a mul-ti-million-dollar corruption scandal, prosecutors and press reports said yesterday. Lee Myung Chul, 48. an executive of South Korea's Hansol PCS Co Ltd.
      AFP  -  159 words
  • Page 10 Advertisements
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      342 10 d 5 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 Two uniquely placed tungsten inserts at both
      342 words
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  • THE WORLD
    • Article
      DRAM overcapacity to last until 1999: Dataquest
      453 11  -  Research firm expects more layoffs as producers try to trim oversupply From, Jennifer Lien in San Jose, California OVERCAPACITY in the dynamic random access memory (DRAM) chip market is expected to continue until at least 1999, market research firm Dataquest said on Monday.
      453 words
    • Article
      Lock icon Yeltsin names nine ministers
      217 11 MOSCOW Many oldtimers restored, given wider powers Bloomberg RUSSIAN President Boris Yeltsin named nine ministers to the new cabinet, keeping many members of the old government and handing them wider powers. Mr Yeltsin appointed Boris Nemtsov, the former first deputy prime minister, as deputy prime minister,
      Bloomberg  -  217 words
    • Article
      Lock icon Moscow vows to rein in budget deficit
      160 11 MOSCOW AFP RUSSIA has pledged to rein in the budget deficit in both 1998 and 1999 as part of efforts to persuade the International Monetary Fund to resume loan disbursements, Itar-Tass reported yesterday. The budget deficit will be trimmed from 6.75 per cent
      AFP  -  160 words
    • Article
      Plans for new investment accord hit French snag
      405 12  -  France fights US extra-territori&lity laws; environment groups voice concern Frott Shada Islam in Binssels PLANS for an ambitious multilateral treaty on cross-bor-der investment flows have been put on ice for six months, following strong opposition to the deal by France and international
      405 words
    • Article
      Lock icon Clinton plea for IMF, UN funds
      401 12 WASHINGTON Failure to approve funds threatens US status, he writes Bloomberg US President Bill Clinton told congressional leaders the only way the nation can maintain its status as a world power is for Congress to approve additional money for the International Monetary Fund and
      Bloomberg  -  401 words
    • Article, Illustration
      Lock icon Euro means business for US brokers
      243 12 NEW YORK AFP THE European single currency, the euro, will offer new opportunities for US brokerages to handle financing for mergers and acquisitions and high-yield debt, a study released here on Tuesday predicted. "The introduction of a single currency within the European Union will
      AFP; REUTERS  -  243 words
    • Article
      Lock icon British exporters taking a pounding, survey shows
      285 12 LONDON Reuters BRITISH export orders have fallen sharply, capacity utilisation has declined and output and profit growth are slowing, according to a new survey published yesterday. In its latest business opinion survey, employers' group the Institute of Directors said there was a negative
      Reuters  -  285 words
    • Article
      Lock icon New German machinery orders up 23% in March
      149 12 FRANKFURT Bloomberg NEW orders to the German plant and machinery industry rose an inflation-adjusted 23 per cent in March from a year ago, as an export-led recovery spurred orders from domestic companies. Orders picked up after rising 14 per cent in February,
      Bloomberg  -  149 words
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      452 11 W Actual Pnce I>flC fIMMt Studio Line's M 10th Anniversary v n fcfc PALIO Actual Pnce $7>oeS Peoong Rd) Legs) I Actual Pnce $I*lo 111 I 1 JOSETTE «p AMAH (Price excluding cushion* and lamp) g I Actual Pnce $£#j W Actual Pnce 5,690 8 Now $140 Now S 3,510
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      916 12 BUSINESS Notices NOTICE IS HEREBY GIVEN that, I Manit A/L Ah Chim of Blk 1 Beach Road #13-4769 Singapore *****1, have applied for a Retail Liquor Shop Licence in respect of M/s Yen Investments Pte Ltd located at 1034 Sembawang Road Singapore *****3, and that this application will be considered
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      Page 12 Advertisements Column 2
      584 12 m NOTICE IS HEREBY GIVEN that, I Oh Cheng J Chye, of Blk 661, Yishun Ave 4, #05-427, Singapore *****1, have applied for a Public House Second I Class Licence in respect of M/s Imperial Court Shark's Fin Restaurant Pte Ltd, located at 190 Ang Mo Kio Ave 8, #03-01,
      584 words
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      Page 12 Advertisements Column 3
      334 12 NOTICE IS HEREBY GIVEN that, I UI LYE HUAT of Blk 33 #11-347 Bedok South Avenue 2 Singapore *****3, have applied for a Retail Liquor Shop Licence in respect of M/s E F Mini Mart located at No. 23 Geylang Lorong 40 Singapore *****9, and that this application will be
      334 words
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      Page 12 Advertisements Column 4
      316 12 NOTICE IS HEREBY GIVEN that, I Prathumthip A/P Liang of Blk 1, Beach Road #13-4769 Singapore *****1, have applied for a Retail Liquor Shop Licence in respect of M/s Yen Investments Pte Ltd located at 244 Geylang Road Singapore *****3, and that this application will be considered by the Liquors
      316 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Europe needs more political vision next
      682 13  -  THE BOTTOM LDVE OPINION By Shada Islam The writer is a Brussels-based journalist who contributes regularly to BT. EURO-SCEPTICS can take a well-earned break Later this week, Europe will take the crucial steps which, on Jan 1,1999, will turn it into a full-fledged economic
      682 words
    • Article
      IN OTHER WORDS
      173 13 If it turns out to be good for Europe, it s good for the US. A strong Europe is a better market for us.' -Robert Robin US Treasury Secretary, on the euro. 'I'm looking for a bounce back down to where they were, because we've had this
      173 words
    • Article
      Clinton's China successes
      586 13 EDITORIAL IT was only last year that United States lawmakers were leading an assault on President Bill Clinton's policy of engaging China and accusing the administration of "appeasing" Beijing. The administration was accused of all manner of things: tolerating China's alleged human rights violations; closing its eyes
      586 words
    • Article, Illustration
      Lock icon Euro set to rival US$
      1166 13  -  Europe's proposed new currency could rival the dollar's strength and global influence Ky. Richard W Stevenson NYT FOR the better part of this century, the dollar has reigned supreme in global finance, both a symbol of American economic might and a contributor to it. But
      NYT; AFP  -  1,166 words
    • Article
      WHAT THE OTHERS SAY
      703 13 Clinton's visit to HK PLANS are afoot to welcome President Bill Clinton to Hongkong, the last stop of his official visit to China. It will be a boost to investor confidence in the Special Administrative Region (SAR), as the overnight stay will signal American acceptance of
      703 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      40 13 DOONESBUBY By Garry Trudeau C r lil ThAT*?SASY.' TAKE I'M NOT U/H6M fOU Wr ts6.ee A rights ANPAifneoupiuo W PeARMOm is, HI6HTS. HOP own* CHAIN- TW right aVBLLASH m KHOUioeer link Fence, awhkmau, S mejZek :TAC^™"^ yA PS 1 eoSemis..
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Children of Heaven wins best film award
      644 14  -  Silver Screen Awards Ball a star-studded affair, sxtsamtsamo reports SUSAN TSANG THE Silver Screen Award for Best Film was won last night by Children of Heaven, an Iranian film about a boy and his sister, who try to make do with a pair
      644 words
    • Article
      Fandi, wife to set up Riverwalk restaurant
      438 14  -  Ongßeng Seng's Av&nt Properties hopes star will raise profile of complex By. Abdul Hadhi [SINGAPORE! Ong Beng Seng's private vehicle, Avant Properties, has roped in local football star Fandi Ahmad and his South African wife Wendy Jacobs to set up Singapore's first smokehouse
      438 words
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      Page 14 Advertisements Column 1
      120 14 The resource the future money. H 1 WM a m ftlililclv J m Mm m MY information.With global businesses and most A Wjm'tL... to become a ft 1 J f J T 1 J I To support this vision, the f"^ I 1 J /\rcstar I rou^recent^y launched a named
      120 words
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      Page 14 Advertisements Column 2
      75 14 OPENING SOON cPetit Salife French Bakery Cafe Authentic French food, pastries and desserts served in a delightful garden theme cafe for cheerful alfresco dining both day and night. Come, savour the flavours and spirit of France at Au Petit Salut! BREAKFAST LUNCH DINNER Open daily for dine-in or take-away from
      75 words
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      Page 15 Advertisements Column 1
      550 15 Buy It. Sell It. Find It. Classified. CATS. Call Today For Results Tomorrow. 1800-*****66 Where to wine, dine and entertain...""t t 1 ■ll^Mil An All-You-Can-Lat.. (Porridge q)tnner c B u JJ et Help yourself to mor&tlum 30 sumptuous dishes... to Ko with steaming hot ridge. yam rice or plain rice.
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      Page 15 Advertisements Column 2
      44 15 I I HP wFnjp fjg/mLf I DON'T YOU WANT A BETTER VIEW? THERE'S MORE TO SEE AT ih« ®fi f ncjxunc 7th Floor, Overseas Union House, Collyer Qujy, Singapore *****1. Tel: 224 3922/224 3203 Fix: 223 4»S Dine for Free in our Garden* j
      44 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      806 15 TV&RADIO fs^ ml r l o Code Name. 9.00 The Scam. iTemwre m News 5 Today Followed 10.00 News In Mandarin. 2.30 PIVI TV Innovations. By Afternoon At The 10.30 Holiday Eve Movie 4.00 Kidz Blitz: Classic Movies Change of Geylang Street. Hong Speed Racer. Habit. kong. 4.30 Hot Rod
      806 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      287 15 CRYPTIC CROSSWORD 1 Girl with a name in new fresh! IhJ co. nothing less (7) 5 Tendency to be crooked (4) 9 Carelessly, can miss so called ■■■H 10 Mid-off takes field in unpleas- Jq ant jumper (4) I 1 BB I I I I H I L 11 Edge
      287 words
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      121 16 .r Thank you for your support. Corporate Treasurers voted DBS Bank the best bank We recognise that the biggest winner is you. our customer, in Foreign Exchange in Singapore for six consecutive years. And with your continued support, we look forward to The survey conducted by Asiamoiicx also places us
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  • COMPANIES & MARKETS
    • Article
      Creative soars on US$100m share buyback plan
      493 17  -  Buyb&ck subject to necessary approvals; Q3 net profit np 2.3% to USs4s.2m By. Annette Pau [SINGAPORE] Creative Technology shares rose yesterday after the company reported higher third-quarter profits and said it would spend US$lOO million (Ssl6o million) buying back its shares. For the
      493 words
    • Article
      MSCI Taiwan futures volume hits high
      180 17 [SINGAPORE] The Morgan Stanley Capital International (MSCI) Taiwan Stock Index futures contract traded on the Singapore International Monetary Exchange hit a record high in trading volume and open interest on Tuesday, Simex said yesterday. The total volume traded for the MSCI Taiwan contract on
      180 words
    • Article
      Simex, SES must shed more light fast on index futures
      877 17  -  HOCK LOCK SIEW Wong Wei Kong THE Singapore International Monetary Exchange's announcement on Monday that it will trade the first Singapore stock index futures contract in August has left the market abuzz with questions. While the move is welcomed as
      877 words
    • Article, Illustration
      Lock icon Hotel Plaza forms Asia Pacific group
      402 17  -  Joint venture with Southern Pacific to own, manage hotels W Teh Hooi Ling [SINGAPORE! Banker Wee Cho Yaw's listed Hotel Plaza Ltd is creating an Asia-Pacif-ic entity that will own or manage 11 hotels with 2,876 rooms including some hotels owned by the group.
      FILE PHOTO  -  402 words
    • Article
      Lock icon SIA confirms interest in Thai Airways
      113 17 AFX-Asia [SINGAPORE) Singapore Airlines Ltd has confirmed its interest in taking a stake in Thai Airways, although negotiations with the airline are still at a preliminary stage, a company spokesman said. Corporate affairs director Mathew Samuel said SIA is looking to purchase "a meaningful
      AFX-Asia  -  113 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Siam Cement Q1 profit surges on forex windfall
        456 18 Earnings soar to 24.3b baht from 1.9b as baht strengthens against US dollar AFP [BANGKOK] Thailand's larg est conglomerate, Siam Cement pic, yesterday announced a massive first quarter profit rise due to a foreign exchange windfall resulting from the strengthening baht. In
        AFP  -  456 words
      • COMPANY Briefs
        • Article
          Forex losses hit Hup Seng Huat
          73 18 (SINGAPORE! Unrealised foreign exchange losses of $2.45 million on its Malaysian investments almost wiped out "Hup Seng Huat's net profit for the half-year ended Jan 31. Group earnings tumbled from $1.79 million to just $166,000 on a 19 per cent lower turnover of $28.6
          73 words
        • Article
          Lock icon Petition to wind up Halim Securities
          55 18 AFX-Asia [KUALA LUMPUR] Uniphoenix Corp Bhd said its unit, Halim Securities Sdn Bhd, was served a winding-up petition filed by Multi-Purpose Bank Bhd for 16.075 million Malaysian ringgit (Ss6.B million), Bernama news agency reported. Uniphoenix said it has applied for a court order to
          AFX-Asia  -  55 words
        • Article
          Lock icon Innosabah Securities' trading restricted
          88 18 Bloomberg [KUALA LUMPUR] Innosabah Securities Bhd's trading activities will be restricted by the Kuala Lumpur Stock Exchange (KLSE) from today. The move will prevent Innosabah from buying shares with borrowed money until the securities firm has "regularised its financial position to the satisfaction of the exchange",
          Bloomberg  -  88 words
      • Article
        Lock icon Phileo Allied, Sime Sec in talks
        136 18 Reuters (KUALA LUMPUR] Malaysian financial group PhileoAllied Bhd said yesterday it was in preliminary discussions to acquire Sime Securities Sdn Bhd, the broking arm of Sime Bank Bhd. "We write to advise that while very preliminary discussions have taken place, no firm terms have
        Reuters  -  136 words
      • Article
        Lock icon Unilever sees sales slowdown
        136 18 Bernama [KUALA LUMPUR] Unilever (Malaysia) Holdings Sdn Bhd saw an increase in its sales in the first quarter of this year but expects the overall numbers to decrease for the rest of the year, said chairman and managing director Chim Howe Lai yesterday. "People become speculative
        Bernama  -  136 words
      • Article
        Lock icon MISC to unveil details of proposed acquisition
        130 18 Reuters [KUALA LUMPUR] Malaysia International Shipping Corp (MISC) said it will make an announcement today on its proposed acquisition of shipping assets. A press conference will be held after MISC's annual general meeting in Kuala Lumpuer, MISC said yesterday. MISC said in March
        Reuters  -  130 words
      • Article
        Lock icon National Power to buy 15% stake in Malakoff
        273 18 UK firm will pay USsl2sm to boy shares from MRCB Bloomberg, Bernama [LONDON] Britain's National Power pic said yesterday it will buy a 15 per cent stake in Malaysian power generator Malakoff Bhd for US$l25 million (*****.7 million) to expand its business
        Bloomberg,; Bernama  -  273 words
      • Article, Illustration
        Lock icon Back to Brierley? I'm too old: founder
        490 19 Ron Brierley dismisses talk he would return to lead troubledgronp Reuters [SYDNEY] Brierley Investments Ltd's founder and former chairman Ron Brierley yesterday scotched speculation he would return to lead the troubled New Zealand investment group. Mr Brierley said he was too old to
        Reuters  -  490 words
      • Article
        Lock icon BMW wins race for Rolls-Royce, but VW refuses to admit defeat
        378 19 £340 m deal sealed; VW says it will make an improved offer Reuters Bloomberg [LONDON] German car giant BMW AG won the hand of Rolls-Royce Motors yesterday, but rival German suitor Volkswagen AG refused to admit defeat in the
        Reuters; Bloomberg  -  378 words
      • Article
        Lock icon Samsung shares surge on shipping of new chips
        279 19 Bloomberg [SEOUL] Samsung Electronics Co shares surged 6.4 per cent after the company said it started shipping prototypes of a new generation memory chip, giving it a cost-cutting advantage over Japanese and other Korean rivals. The world's biggest computer memory chip maker
        Bloomberg  -  279 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon IBM to buy back US$3.5b of its stock, raise dividend
        433 20 An analyst says regular bnybacks show lack of creativity Bloomberg [CHICAGO] IBM Corp will buy back US$3.5 billion (555.6 billion) of its stock and boost its dividend 10 per cent as it uses repurchases to help lift per-share earnings amid
        Bloomberg  -  433 words
      • COMPANY Briefs
        • Article
          Lock icon Nestle Q1 sales up 6.8%, shares rise
          82 20 Bloomberg [VEVEY, Switzerland] Nestle SA, the world's largest foodmaker, said sales rose 6.8 per cent in the first quarter, as expected, and said it expects to report record sales and earnings for the whole of 1998. The maker of Nescafe instant coffee said
          Bloomberg  -  82 words
        • Article
          Lock icon Metro AG sales up 51% in Q1
          63 20 Bloomberg [COLOGNE, Germany] Metro AG, Europe's largest retailer, said first-quarter sales rose 51 per cent after it acquired the warehouse stores of SHV Makro NV and bought other business. Sales rose to 19.79 billion deutschemarks (5517.5 billion) from 13.1 billion marks a year
          Bloomberg  -  63 words
        • Article
          Lock icon GM of US, Daewoo motor unit in talks
          86 20 AFX-Asia [LONDON] Daewoo Motor Co Ltd is engaged in discussions with General Motors Corp with a view to the US company taking a 35 to 50 per cent stake in Daewoo's car manufacturing operations, Daewoo chairman Kim Woo Choong said. Mr Kim
          AFX-Asia  -  86 words
      • Article
        Lock icon Lufthansa Q1 net profit surges to 406m marks
        217 20 Results lifted by gain of 377 m marks from Hapag-Lloyd sale Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Germany's dominant airline, said first-quar-ter net surged to 406 million deutschemarks (*****.6 million) from one million marks because of a one-time gain from the sale of
        Bloomberg  -  217 words
      • Article
        Lock icon WorldCom, MCI to answer EU objections
        228 20 Bloomberg [BRUSSELS) World Com Inc and MCI Communications Corp have received the European Commission's objections to their proposed US$4l.B billion (5566.4 billion) link-up and will respond to them at a hearing to be held on May 12 and May 13, the companies and the
        Bloomberg  -  228 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon AXA buys Barclays Global Investors
        236 21 Move follows AXA Investment's strategy to expand in Asia Reuters [HONGKONG] AXA Investment Managers (AXA IM) said yesterday it agreed to buy Barclays Global Investors Hongkong Ltd, a company with US$l.3 billion (Ss2.l billion) in assets under management, from Barclays Bank pic. "The move follows
        Reuters  -  236 words
      • Article
        Lock icon Japan banks suffer plunge in value of securities: report
        344 21 75% fall in paper gains to 2t yen dne to share price slnmp AFP [TOKYO] The prolonged slump in share prices has led Japan's major commercial banks to suffer huge falls in the value of their securities holdings, a leading business
        AFP  -  344 words
      • Article
        Lock icon Commerzbank delays Korean plans
        463 21 It wants more time before deciding to buy 35% of Korea Exchange Bank Bloomberg [SEOUL) Korea Exchange Bank said a plan by Commerzbank AG to invest as much as US$333 million (*****.8 million) in the South Korean bank is on hold, pending further analysis of the
        Bloomberg  -  463 words
      • Article
        Lock icon Fuji Bank's Heller unit to raise US$804m in IPO
        244 21 Bloomberg (CHICAGO) Heller Financial Inc, a US unit of Japan's Fuji Bank Ltd, plans to raise US$BO4 million (Ssl.3 billion) today in the largest initial stock sale this year. The Chicago-based lender to small and mid-size businesses plans to sell 33.5
        Bloomberg  -  244 words
      • Article
        Lock icon Fed bank regulator warns of disruptions in mergers
        368 22 Tight transition, proper oversight needed: Comptroller of Currency Reuters. Bloomberg [WASHlNGTON] Banks com bining into huge conglomerates may face disruptions in their mergers unless the players plan tight transitions and regulators provide proper oversight, a top federal banking regulator said on Tuesday.
        Reuters.; Bloomberg  -  368 words
      • Article
        Lock icon Good times rolling for US banks
        316 22 Bloomberg [NEW YORK] US commercial banks can look forward to continued strong demand for loans and other financial services. said Kaufman Co economist Henry Kaufman. "The broad economic and financial backdrop will be favourable to commercial banks for the remainder of 1998 and into
        Bloomberg  -  316 words
      • Article, Illustration
        Lock icon We've bean keeping up
        54 22 [NAIROBI] Traders at the Nairobi Coffee Exchange hall placing their coffee bids on Tuesday using electronic buttons for the first time in 63 years instead of open outcry. The upgrading is part of Kenyan government plan to modernise the agricultural sector which is the main income
        REUTERS  -  54 words
      • Article
        Lock icon Mellon shareholders support merger: Bank of New York
        297 22 Mellon has filed a lawsuit to thwart the takeover Bloomberg, AFP [NEW YORK] Bank of New York Co said it is convinced Mellon Bank Corp shareholders will support its US$2l.3 biUion (Ss34 billion) takeover proposal, even after Mellon's board rejected the bid.
        Bloomberg,; AFP  -  297 words
      • Article
        Lock icon Euroyen unchanged in quiet trading
        203 22 SEKEXBeport Reuters [SINGAPORE] Simex Euroyen futures were practically unchanged in very quiet trading yesterday with volumes severely thinned by a Japanese holiday. "It's very quiet today, check out the volume. It's a Tokyo holiday," a trader at a local futures house said. December Euroyen stood
        Reuters  -  203 words
      • Article
        Cautious sentiment on poor Dow show
        168 22  -  MSGI TAIWAN FUTURES Perry Gilbert Perry Gilbert, vice-presi-dent, Refco Singapore [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract traded good volume as the April contract went off the board at 12.15pm. Institutions continued to roll their positions into the May contract with the
        168 words
      • Article
        Lock icon Oil little changed after US stockpile report
        303 22 ENERGY REPORT Bloomberg [LONDON) Crude oil was little changed after a drop in US refined product stockpiles offset the effect of a surge in US crude oil inventories to the highest level in four-and-a-half years. Oil stockpiles levels in the US are being
        Bloomberg  -  303 words
      • Article
        Lock icon CURRENCT REPORT
        274 22 Bloomberg New York THE US dollar jumped against the mark and traded firmer against the yen at the New York open as the German currency slipped in cross trading and dealers remained convinced that America's economy would stay strong. Having pushed past minor support near 1.8000 marks in
        Bloomberg  -  274 words
      • Article, Illustration
        Untitled
        1241 22 lUTBRBAMK CROSS KATES Apr 29 AS tOJ fTr Om MS WdtslhpMl Ye« Won Hi NflPafcts N«o SS land Sfr WT$ Baht *mt IBt AntraNa 0.933 4178 0.589 3.905 1)65 5.017 2S.n3S2.M4 0.857 8.660 2.432 1.*****594 ***** 1030 3.272 0.969 *****24.994 0289 0.641 Canada 1.072 5.762 0.631 4186 1249 5.378 27.588
        1,241 words
    • Article
      COMMODITY PRICES
      1776 23 SICOM FUTURES Apr 29 RUBBER (futures clowog <s it 5.30«mi) RSS1 CONTRACTS cwrtsAg) Close Volume Open Month High Low Sett (tonnes) Interest May 98 119.00 1900 Jun 98 119.00 '550 Jul 98 119.00 2915 Aug 98 120.50 1515 Sep 98 122.25 1515 Oct/Dec 98 126.25 4650 Jan/Mar 99
      1,776 words
    • Article
      WORLD STOCK MARKETS
      2353 23 LONDON Industrials Pence 31 Group 579.000 400 AB Ports 353.000 -0.400 Abbey National 1130.500 11.500 Allied Domecq 619.000 -1.000 Am«c 178.000 3.000 Asda Group 197.400 3.400 BAT Ind 570.000 unch BG Pic 308.000 0.800 BICC 163.000 -11.000 BOC Group 996.400 18.400 BR Petroleum 908.400 -3.000 BTR 197.000
      2,353 words
    • Article, Illustration
      Lock icon HONGKONG
      1501 24 Reuters Hang Seng -207.46 HONGKONG stocks closed sharply lower yesterday, with futures traders taking advantage of negative sentiment in the local property market, and brokers said the trend would persist today. "Today's trading was an aberration due to the expiration of April futures," said Johan Tellvik of Caspian Securities.
      Reuters  -  1,501 words
    • Article, Illustration
      Lock icon CHINA
      662 24 Reuters nShauhaßlifa +&33 CHINA'S hard currency B shares ended slightly higher yesterday, ignoring steep losses on the Hongkong market. But analysts said the gains were purely from light technical demand and there were no signs as yet that the market had emerged from its recent doldrums. "It is a
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  662 words
    • Article
      Lock icon TAIPEI
      366 24 AFP QWPlnfax -8132 TAIWAN share prices dropped one per cent yesterday on strong selling of technology shares and tight liquidity, dealers said. "A sell-off in the technology sector was triggered by a decline in computer chip prices and concerns about information industry's fundamentals," said an analyst. The Taiwan Stock
      AFP  -  366 words
    • Article, Illustration
      Lock icon JAKARTA
      707 24 AFP n Composite Index -20,39 INDONESIAN share prices dipped 4.2 per cent yesterday with foreign investors selling blue-chips amid persistent doubts over the government's will to implement IMF-back-ed reforms, dealers said. "I believe most foreign investors have a negative image about our government, particularly with regards to the implementation
      AFP  -  707 words
    • Article
      Lock icon WELLINGTON
      256 24 AFP rl Wellington *1(104 THE New Zealand share market closed up 0.4 per cent after a day dominated by strong turnover and a rebound in the prices of some leading stocks after better overseas markets, dealers said. The NZSE-40 Index closed up 10.04 points at 2,250.13. Turnover was worth
      AFP  -  256 words
    • Article, Illustration
      Lock icon BANGKOK
      792 24 AFP CI SET Index -7-3 THAI stocks dropped 1.7 per cent yesterday as investors bailed out of selected blue chips and finance companies. Analysts said there was a rush to sell finance shares in part due to unconfirmed reports regarding the liquidity status of the country's 33 finance companies.
      AFP  -  792 words
    • Article
      Lock icon MANILA
      323 24 AFP PI Manila. +7,3 PHILIPPINE share prices rose 0.3 per cent yesterday due to short-term buying with most investors remaining cautious about the May 11 elections, analysts said. The index had see-sawed up and down before closing in the positive. The Philippine Stock Exchange Composite Index rose 7.3 points
      AFP  -  323 words
    • Article
      Lock icon SEOUL
      409 24 AFP PI Composite Index *14J6 SHARE prices on the Korea Stock Exchange rose 3.6 per cent yesterday on a technical rebound and on speculation that elimination of foreign shareholding ownership ceilings may be advanced to May. The Composite Index closed up 14.66 points, or 3.6 per cent, at 417.05,
      AFP  -  409 words
    • Article
      Lock icon SYDNEY
      586 24 AFP PADOrdmiricg -312 AUSTRALIAN share prices continued their slide yesterday, falling 1.2 per cent on continued nervousness about a possible increase in US interest rates, brokers said. The All Ordinaries Index closed 32.2 points lower at 2,749.1. The All Industrials Index fell 66.3 points to 4,680.1 while the All
      AFP  -  586 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8900 25 INDUSTRIALS Consumer products <998 Last Vol Day Net Cap Hlqh Low Company Sala 'OOO High Low Pit SmM 310 180 Ajinomoto 245 13.5 99.3 148 72 Angkasa 72 8 45 80.5 72 1.7 106.2 290 123 Apollo food Hlg 162 4.7 64.8 388 190 Benaya Land 326 26 345 330
        8,900 words
      • Article, Illustration
        Lock icon Market up slightly on late support
        418 25 AFP M Composite Index *2.04 MALAYSIAN shares ended 0.3 per cent higher in moderate trade yesterday as the market opened after a holiday. "But investor sentiment is cautious due to the holiday shortened week. There was last minute support on index linked counters," a
        AFP  -  418 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3537 26 BONDS, LOAMS I WARRANTS m 1998 Lot Vol Day LMt Ouoto H*h LM St no Company S«H *f- fOOO) HMh Low Buyor Sailor Prtco 2X5 9 m 3000 m AMOB C5 5H*****6 13 *0.5 20 13 13 13 13.5 20.5 8 3160 -Acor ******1 USS 11.5 JJ- 5 95 8.5
        3,537 words
      • Article
        Apex wrts get new lease of life
        170 26  -  WARRANT WATCH -^/l R Sivanithy MALAYSIAN stockbrokers Apex Equity has secured approval from the authorities to extend the life of its warrants for one more year from their original expiry this June. This is an unprecedented move which might pave the way for
        170 words
    • Article
      CLOB INTERNATIONAL
      2341 26 Transaction date Apr 29 MALAYSIAN STOCKS Gr Gr «9M Last V«4 Day Laat Ouete Mr Otv VM Mt M Cap Hm> L— Stile Cum** COOP) High Lwt 8uyer S—t CV W 135 28 ms 5000 AISB50c MS 3 307 71 63 6X5 64 SO 3-3 17 263 65.5
      2,341 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6406 27 Transaction date: Apr 29 Or Or mm y„ Dn LMt OimM M« Mi VH IM Cap Avq hue u» nw» ci«)h> w rooo) hm» law *niw wu 43 18.5 1020 ACE Dynamic »60c.-.. 24.5 -1 7 24.5 24.5 24 24.5 0.3 0.7 30.6 20.1
      6,406 words
    • Article
      SESDAQ
      1115 27 Or Or mm ItN Last Val B«T taatO»a*a Bl* 01* VM MM Cm A»* I—I L— 8tNa Ci—n> 84ta a/- rood I— I— —im uttm Cw W »«w 134 92 2000 AMHMftSc K» uneK 4» 103 100 102 103 503 104 243 74 2049 ASAutaKk 171 -4 *9 174
      1,115 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        224 28 Stocks Volume •RHB Cap Wt99 13.892,000 Easyknit HKIOc 13.706.000 •Rekapac.fk Bh 8.207,000 SingTel 15c 7,210,000 •M Resources 6,195,000 •MBf Capital 5,484,000 •Renofig Bhd 50c 3,336.000 *RHB Cap Bh<l 3.250,000 •North Borneo 2,951,000 ST EngglOc 2,845,000 Stocks DBS Foreign 21,072,130 SPH 19,880,902 SingTel 15c 18,779,694 OCBC Foreign 14,857,634 SIA Foreign 11,195,895
        224 words
      • Article, Illustration
        Talk of interest rate cuts, SPH surge boost market
        676 28  -  STOCK MARKET COMMENTARY STII regains 1,500 level; relatively stable Wall Street also helps Singapore market to counter negative effects of share slide in HE By R Sivanithy [SINGAPORE] The Straits Times Industrials Index regained the 1,500 level yesterday, helped by a
        676 words
      • Article, Illustration
        HOT STOCK
        66 28  -  -by Shiv Taneja FHTK Holdings closed one and a half cents lower yesterday at 32 cents on a volume of 2.54 million shares, compared with its 10-day traded average of 335,600 shares. In the next few sessions, the stock might see some buying interest, but the longer-term trend
        66 words
      • ON THE GRAPEVINE
        • Article
          Less power lunches, but flying high
          128 28 IS it because power players here don't mix business with pleasure when it comes to food? We ask this because when Asia Money polled 188 corporate and financial executives about their favourite venues for power lunches, Singapore appeared only once. Of the 13 restaurants
          128 words
        • Article
          A square with flair
          69 28 THE Funan Centre is now to be called Funan The IT Mall. Tenants of the North Bridge road building predominantly sell information technology products. Owner Pidemco says it is repositioning Funan "to strengthen its stronghold on the IT industry". Where does that leave the other IT
          69 words
        • Article
          SingTel a la carte?
          175 28 SINGAPORE Telecom will launch a new service at Century Square tomorrow that looks set to turn the lucrative hobby of phone-card collecting completely upside down. With some rare cards already changing hands at several dozen times their purchase value, this hobby has spawned a mini-industry for
          175 words
        • Article
          Tickets at the Gate's
          132 28 AT Bill Gate's MS Internet Explorer, that is. Sistic offers ticket booking over the Internet, at http://www.sistic.com.sg, claiming one of the most secure sites around. However, it seems easier to do secure booking of tickets on the Sistic site using the Microsoft Internet Explorer rather than
          132 words
        • Article
          The taxman hites
          112 28 AUTHORITIES in a humid northern region of Greece are to impose a new tax on its badly-bitten inhabitants to help counter the problem of mosquitos. AFP reported that Costas Simoglou, councillor for the Serrai department, warned "urgent measures" were needed to help prevent malaria and protect revenue
          112 words
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      56 17 Ulv. PROPERTY FINANCE FROM SINGAPORE. For further information, please contact either Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 Highly Competitive Interest Rate Fast and Convenient Service Flexible Loan Package Pre-purchase Approval Wt*. &T* j The Royal Bank of Scotland pic
      56 words
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      1026 18 0 SEMBRESOURCES Sembawang Resources Limited (Formerly known as Resources Development Corporation Limited) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Second Annual General Meeting of Sembawang Resources Limited (the "Company") will be held at the Company's Registered Office, 10 Jalan Gali
      1,026 words
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      Page 18 Advertisements Column 2
      615 18 BUSDVESS Notices NOTICE IS HEREBY GIVEN that, I Chia Mee Yoon, Maureen of 45A Paterson Road Singapore *****0, have applied for a Wholesale Liquor Licence in respect of M/s Daisho (S) Pte Ltd located at 360 Orchard Road, #11-07 International Building Singapore *****9, and that this application will be considered
      615 words
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      Page 18 Advertisements Column 3
      425 18 IN THE MATTft Of THE COMPANIES ACT, CAT. SO AND IN THE MATTER Of HILLSIDE INVESTMENT LIMITED (In MnwbcW Voluntary liquidation) NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. SO, the Final Meeting of the members of the abovenamed Company
      425 words
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      Page 18 Advertisements Column 4
      346 18 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF BAK LEE ENGINEERING PTE LTD (Incorporated in Singapore) At an Extraordinary General Meeting of the members ot BAK LEE ENGINEERING PTE LTD duly convened and held at 101 Upper Cross Street. #06-09/10 People's Park Centre. Singapore
      346 words
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      789 19 LABROY MARINE LIMITED ■iV (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Eighteenth Annual General Meeting of the Company will be held on the 25 May 1998 at 10.30 am at No. 2 Stadium Walk, Kallang, Singapore Indoor Stadium, Singapore *****1 for the following purposes ORDINARY
      789 words
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      586 20 BUSINESS Notices Lindeteves-Jacoberg Limited Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Fiftieth Annual General Meeting of the Company wiH be held at 15Tai Seng Drive ftOS-OO.Singapore *****0 on Friday. IS May 1998 at 10 30 a.m.for the following business: AS ORDINARY BUSINESS 1 To receive and
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      Page 20 Advertisements Column 2
      338 20 NOTICE IS HEREBY GIVEN that, I Toh Siew Keng of Blk 246, Jurong East St. 24 #11-48 Singapore *****6, have applied for a First Class Beer House Licence in respect of M/s Rinting Cahaya (S) Pte Ltd located at 107, 109 111 Upper Paya Lebar Road Singapore *****9, and that
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      Page 20 Advertisements Column 3
      1185 20 Ar/Ww 1 Our client is one of the largest private real estate and fund management groups with a history of more than 300 years in Europe and the US. It has recently established an office in Singapore and requires a professionally competent Financial Controller to support its expansion in Asia.
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      6 21 TODAY MLianhe Zaobao saWWewMi iSi+BBSt Mi
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      Page 21 Advertisements Column 2
      112 21 A new name in SC is the new name for Societe Generale Our recent acquisitions; Hambros Banking international Croup's international businesses: Croup, Cowen Co, Barr Devlin, and Commercial and investment banking Yamaichi Asset Management strengthen banking. Asset management still further our presence worldwide. Private banking The Societe Generale Group is
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      237 22 (jm/j Prudential-Bache International Find out how much your determination and ambition are really worth. Tell us about your accomplishments. Because if you're the kind of motivated person who always worked your way to the top... always earned the respect of your colleagues and your clients... always wanted greater challenges, you
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      Page 22 Advertisements Column 2
      366 22 Notices\ THE COMPANIES ACT. CHAPTER SO Scction 290(2 Mb) NOTICE OF RESOLUTION PEREGRINE FUTURES SINGAPORE PTE LTD (In Members' Voluntary Liquidation) Al an Extraordinary General Meeting of Peregrine Kutures Singapore Pie Lid held at I Temasek Avenue »V3-0I Millenia Tower Singapore *****2 on the 22 April 1998. the following special
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      Page 22 Advertisements Column 3
      19 22 S I'm a car dealer. The Straits Times Classified helps to accelerate my business. Call Today For Results Tomorrow
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      Page 23 Advertisements Column 1
      38 23 ♦The Tokyo stock market was closed yesterday. The secret of success is... Taking the right course, of course. Study the wide range of courses available in the Education/Training Section in the Classified Classifications 700 to 799. ffa CAT&|
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      Page 24 Advertisements Column 1
      57 24 I'd like to place an A buyer I love this car V advertisement to J I the very I I that I found sell my car., next day .J I through j J V The Straits Times J Buying or sellina through j|p* CjHf The Straits Times Classified is cWWs
      57 words
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      64 26 calling'about See...l told The card we're f the computer I you this was a 1 making for Susan 1 I advertised in goocl deal >/ Yup, we got what is going to be J V The Straits Times A S fwe wanted because N. real nice!^^ S lt V j
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      27 27 I View the Roy Eastern Watch JOY lASTIRN WATCH, LUCKY PLAZA, #01-30/37/33 ORCHARD ROAD fU 734 3139 OfIUXI lA3T3RN WATCH, CINTRIPOfNT, •01-13/30 ORCHARD fOAD Til: 333 3330
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      44 28 dm d </»»'' **i$F Commands re s p e c t You've arrived. You're at your prime. It's time to get what's due. .TmOTDBPL^ [hMey-davidson I -<qgp>~ SOLE AUTHORISED DEALER: HARLEY-DAVIDSON OF SINGAPORE! 1994) PTE LTD 255 ALEXANDRA ROAD TEL 475 0123 FAX 472 8900
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      Page 28 Advertisements Column 2
      834 28 BUSINESS NotlCeS To advertise call toll-free 1800-741 1883 WBk LABROY MARINE LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN thai an Extraordinary General Meeting of Labroy Marine Limited (the "Company") will he held at No. 2 Stadium Walk. Kallang. Singapore Indoor Stadium.
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      Page 28 Advertisements Column 3
      505 28 M THE MATTER Of THE COMPANIES ACT, CAP. SO ACME INDUSTRIAL CORPORATION PRIVATE LIMITED (In Voluntary Liquidation) At an Extraordinary Genera! Meeting of the member* of ACME INDUSTRIAL CORPORATION PRIVATE LIMITED duly convened and held at 106 Pasir Panjang Road (03 03(D) Amcol Warehouse, Singapore *****5 on the 27 day
      505 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      309 29 Bridge News, Reuters RATES strengthened for Pacific capes izes particularly for Europe-bound cargoes, but activity in the Atlantic remained limited with rates here looking to slip from recent steadier levels. Panamax activity tailed off in the Pacific with rates generally easier. An easier tone was evident on the
      Bridge News,; Reuters  -  309 words
    • Article
      MARITIME STOCKS
      256 29 sts «t *h HI CWT Otatrttutton ...0.70 *0.02 102 Chuan Hup 0.445 -0.005 20 Cosco Invaatmant 0.80 'ralgM Unto 0.309 uneh ISO 08HaMnga 0.315 Hal Sun Hup 0.54 *0.01 179 Httachl Zoaon 0.70 -0.009 S3 IMCHoMngs HK 9.60 JpyaHoMlngs 0.469 *0.009 7 Jurong Shipyard _7.90 *0.10 M KappalCorp
      256 words
    • Article, Illustration
      Lock icon PSA optimistic regional recovery has begun
      514 29  -  Terminal operator's container volume up 8% for the year to date By] Marcus Hand [SINGAPORE] PSA Corp has seen an 8 per cent growth in container throughput year-to-date and is "optimistic a recovery has begun", its chairman said yesterday. "We are optimistic that recovery
      FILE PHOTO  -  514 words
    • Article, Illustration
      Lock icon Hvide Marine's chairman stresses teamwork and family culture
      643 29  -  SHIPSHAPE By\ Marcus Hand ERIK HVIDE, chairman and chief executive officer of Hvide Marine, says that he feels "like a grandparent" as he watches his company grow. The grandchild Mr Hvide was referring to was Seabulk Offshore International Inc, the new Singapore
      CHRIS LOH  -  643 words
    • Article
      Lock icon P Klang terminal operator to invest in new cranes
      407 29 KCT will also expand container yards to increase efficiency Bernama {PETALING JAYA] Malaysia's Kelang Container Terminal (KCT) plans to invest 70 million Malaysian ringgit (5529.5 million) in new cranes and to expand its container yard facilities to increase operational efficiency, its
      Bernama  -  407 words
    • Article
      China's eastern Taicang port takes shape on the Yangtze
      241 29 [HONGKONGI A modern port is taking shape in the Taicang Port Development Zone in eastern China's Jiangsu province after five years of construction. The port is on the south bank of the Yangtze River estuary. The port zone has approved 28
      241 words
    • Article
      Lock icon OOCL starts service to Scandinavia, Baltic ports
      120 29 Reuters [LONDON] Orient Overseas Container Line (OOCL) has started a new container shipping service to link Scandinavian and Baltic Sea ports with its main line shipping routes from northern Europe. The Hongkong shipping line said the Scan-Baltic Express Service calls at St Petersburg,
      Reuters  -  120 words
    • Article, Illustration
      Lock icon Piracy expected to soar
      572 30 FALLOUT FROM ASIAN CRISIS Pirate attacks on the high seas of South-east Asia could become more frequent and brutal and organised AFP [KUALA LUMPUR] PIRACY on the high seas in South-east Asia is expected to soar both in frequency and brutality as regional economic turmoil continues,
      AFP  -  572 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      225 30 PAGE Dj* Lloyd 9 ACL 9 Dongnama 3 ANL 3 ECl 5 Accord 8 Eth ioplan 6 AppensMp 5 Eurotam 6 Artro 3 Austral 9 FoongSun 8 BSA 7 CUnk 4 Batamindo 7 Gemartrans 8 Bayswater 8 9 B'tangM« 8 HalSunMi* 8 CCNI
      225 words
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      SHIPPING GUIDE
      24543 38 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartltar Vattal Voyaga Trtphon. ETA ETA Vaital V<*aga SIN Datt'n Nam. Nam. Numdr Numbar SIN Oatfn Nam. Nam. Numb* 07/05 30/05 OASC IBN SINA WM822 *9-*****17 A 11/05 03/06 NSCSA VILLE DC VELA N25W *5-3290*40 lAUUt I1IIU\ VU*i K/» M/M CMA VILLE DE
      24,543 words
    • SHIPS IN PORT
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        CONVENTIONAL WHARVES
        738 43 Vessel Voy No Berth Arrival Departure ■tarwf Nrt K Amnt 4APW8 J01 l*W«* Bt Bert* 2APR98 J01 alongside 2"2!22? M COMXI *****a JOI imm w^eoo Bt lestari I *****8 J01 alongs* at P« MO795 *****8 J01 ilongsMe **£g* ssi. sss s as ssss EST lU S S ggg
        738 words
      • Article
        CONTAINER SCHEDULES
        1838 43 RECEIVING OF EXPORT FCL CONTAINERS AMD LCL CARGO Boofclng/BiUnc# Rttls Ship VoyNo Etb/Btr Ptrlod From To From uh oo36 ovuoo 29/1500 29/1*59 II 29/1500 29/859 29/1900 2A 29/1 TOO 30/0459 N/0900 21 29/1700 30/0*59 30/0*00 30/0700 10/189 JO/MOO 4 30/1200 N/M59 30/T700 ii mm > 8130.M 02/1300 I*
        1,838 words
      • Article
        GLOBAL HOLIDAYS
        204 43 Apr 30 Finland: May Day Eve. Netherlands: Queen's Day. Mayl Austria: Public Holiday. Belgium: Labour Day. China: Labour Day. Finland: May Day. France: Labour Day. Germany: Labour Day. Greece: Labour Day. Italy: Labour Day. Luxembourg: May Day. Malaysia: Labour Day. Mexico: Labour Day. Norway: Public Holiday. Philippines: Labour
        204 words
      • Article
        COCKETT BUNKER MARKET REPORT
        938 43 THIS report compiled by Cockctt Marin* OU Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-slied stem Market movements are Indicated The Cockett Bunker Price Index change and the Individual
        938 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        449 43 Ctrton >80 Mu 989.4 0.7 18.0 0.08 123 0.06 A#f 23 OMtttT Nator ItllM At* *hm*hm SrtiMMt No ObOW E25 0 0 6 0 J 0 380 A*t 986.0 0.3 16.0 0.06 29 0.03 380 Mu 992.9 2.0 19.6 0.13 62 0.07 M/iri t/» m/m m/m
        449 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Overcapacity in car industry hits 18.5m units
        468 44  -  By 2002, worldwide overcapacity expected to top 20m anits By< Christopher Tan [SINGAPORE] Overcapacity in the automotive industry hit a staggering 18.5 million units in 1997, and is expected to reach 20.3 million units by 2002. Jan Merder, managing director of components supplier
        468 words
      • Article
        Lock icon Int'l Aero wins deal worth up to US$2.3b
        216 44 Reuters [EAST HARTFORD, Connecticut] International Aero Engines said it had won a contract "potentially worth" US$2.3 billion (553.6 billion) from three Latin American airlines. The contract is the biggest single order in the consortium's 14-year history, International Aero said in a news
        Reuters  -  216 words
      • Article
        Lock icon S&P lowers credit ratings on 3 Japanese airlines
        290 44 Bloomberg [TOKYO] Standard Poors Creditwire (S&P) lowered its long-term credit ratings on Japan Airlines Co (JAL), All Nippon Airways Co (ANA) and Japan Air System Co (JAS), citing their slow response to growing competition. S&P cut JAL's long-term credit rating to 'BB+*
        Bloomberg  -  290 words
      • Article, Illustration
        Lock icon Multi-purpose helicopter on show
        57 44 [PRETORIA] The EC635, a new light twin-engine military multi-purpose helicopter, is on display at Waterkloof military base at the South Africa Airshow here. The Eurocopter EC635 has a design technology which makes it suitable for a broad spectrum of different military applications both during peacetime and
        AFP  -  57 words
      • Article
        Lock icon Ford Japan aims to boost falling sales
        394 44 It will scour the globe for cars to cater to finicky consumers Reuters [TOKYO] Ford Motor Company may be the world's second biggest carmaker and a household name, but in Japan, the world's second biggest car market, it remains a minor player with
        Reuters  -  394 words
      • Article, Illustration
        Lock icon Boeing builds 2,000th widebody
        72 44 [EVERETT, Washington] Workers install a Rolls-Royce turbofan engine onto a Boeing 747-400 being assembled for British Airways in this handout photo taken recently. The aircraft is the 2,000 th "widebody" built on the Boeing 7-series line at their Everett assembly plant. Widebody aircraft are those with
        REUTERS  -  72 words
      • Article
        India mulls over subsidies for foreign investors of road projects
        514 44  -  From Rajendra Bajpai in New Delhi THE Indian government is considering a series of concessions and subsidies to investors in road and highway projects to make their investments more attractive. India needs billions of dollars to upgrade its national and
        514 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1741 44 ott man CM fucht nt MM BA7381 1930 BA7382 2055 Gna»vl»o«WC $0803 1905 C23S2 0635 Of 81 1930 0F82 2055 COP IX SUM WW $0229 2220 >•■« COOW 1M knUtrUn KL643 0450 M.846 0040 Haaoi VM741 1310 VN740 1410 MJ37 1455 K1838 2300 VN743 1925 AtlMM
        1,741 words
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      20 29 Fallout from Asian crisis; Piracy expected to soar Pirate attacks could become more frequent and brutal and organised. Page 2
      20 words
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      Page 29 Advertisements Column 2
      193 29 Overcapacity in car industry hits l&sm units By 2002, worldwide overcapacity expected to top 20m units. Back Pag© neuus ""travels fast Sl\( i \IM)R|.. when win want li> reach out to .1 select t a rye I audience id I lit* transport and logistics indusli v <*nl\ <>110 dail\ oilers
      193 words
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      834 30 vnsa vqtaoi too aw vnsii votju dmh oah mam cot pm« sm 00QO1TA* ,SWSI7 "Z* 17/15 NO MOUOTDOAHKAM Ml" 11/05 15/0$ IS/0S 22/05 M/M 10/05 31/05 00CL AMERICA 25W514 22/04 MlT*** OOQOMA 22WS1S IS/04 OMIT** PftO NIDUOTD OUOAI 271 10/05 22/0S 21/05 10/05 01/0* 00/1* 07/00 OOQ HOttOKOttO 2SWSIO MYIVMQO
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      Page 30 Advertisements Column 2
      614 30 Loes services represented Members of the by Members o» the Registry ol Singapore Freight Forwarders Accredited Shipping Agents uUy Association \°'i< 2/ Singapore Shipping Association &nmNGTIMESONL^ Just talk to us... Iris Lim 740-2044 J&rrod Leoog 740-2089 EXPORT 3 x Japan •2 x Hongkong -1 x Manila •1 x Koothiung, lOwlung
      614 words
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      914 31 1 1111C9, luuiauaj, npiu uu, SAX SERVICE (DIRECT) HI I yrrcn VOY SM FU lAX I CWW o*l HOU 0« COl *8* *0: *?L— ffi—B us—m *5 I'* 11 -Ml 002 iifT n/IK fll/06 01/06 OMO 02/»6 H/0> 0»/00 5 2S a™ S/oT l»/06 00/06 09/06 ot/» 0./06 10/06 10/
      914 words
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      Page 31 Advertisements Column 2
      1586 31 (p) HANJIN SHIPPING HANJIN SHIPPING (S) fH ITO tap <■» MOOIIG -37M235 737 SMK 37*0774 231 OOCWMT 37*0771 774 OfWTKMft 37*0741 757 MAIN UW miM HX 772W0 «HO *****t*****M TO NW USA A CANADA| U$A rova/vor Imml si unikaui/vot sia nw|w|m|oi|»|W|«T|«Mi» w m m T^— HJ KAOHSAJNC 0341 S^5 ~OVOT
      1,586 words
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      1441 32 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MIOJI ii^itRANEAN/CANADA vessel voir "shT" leh m mi wn m M «sifl voy sin mo on spe fos vie mtb TRADE MAPLE WQ(2I 1101 22 00 23 05 09 2208 24 05 SHANGHAI SENATOR WMB2I 38 84 11 06 17 06 10 05 21
      1,441 words
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      Page 32 Advertisements Column 2
      1416 32 MY VML lnt rnat Web s,,e http: "www.yml.com.tw flUllfciUH*-<»*.•« IJl:im/Jl!l,iyi'Hll gJiI'UI'U'HHIIiMJIHH BJ.l.'ijl.'ll'klli.LMHimJJimdi'iHl arrival fuedDAYTUfsoAY vessel voy leh fxt ha* ahr hfa SIN MING SUN ABIIE SLO SLO SID SLO SLD 05/05 MING GALAXY ABI2E SLO SLO SLO SLO SLO 12/05 GIBRALTAR BRIDGE ABI3E SLO SLO SLD SLO 05/05 19/05 MING
      1,416 words
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      Page 32 Advertisements Column 3
      456 32 LINE S9 r TCLt *****56 PAXt *****12 MUARA j LABUAN vissn vor m m vtssa voy no n* STORE MUARA STOtl UN APRII GIORY VIII/* 06/05 Of/OS AmOORY VIII/* 04/05 10/05 jl pvosrat vm/M 10/05 u/05 J-woswi via/* 10/05 14/05 ATRHOOtY VI2I/M 15/05 U/05 AMMLOOtY VI2K/98 15/05 It/05 IPROSftR VI3I/91
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      1509 33 VESSEL VQY SIN PQU PKQ PEW BLW SUR DUB BA BIK I IRAN VOJDAN PJL 1278 16/04 jj® /04 IRAN QHEYAMAT PJL 127# 23/04 IRAN VAM DAT PJL 1284 12/05 21/05 IRAN TAKHTI PJL 1288 18/05 28/05 29/05 IRAN TEYFOURI PJL 1287 28/05 04/06 05/06 MALACCA GLORY PJL 1285 I
      1,509 words
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      Page 33 Advertisements Column 2
      1779 33 SAILING I TO SHANGHAI XINGAHG J SINGAPORE'S GENIRAI AGENTS: 6 SHENTON WAY TEL: 226 1900 FAX: *****00 OUTWARD (l/L) COSTAR SHIPPING PTE LTD #17-08 DRS ILOG SAIES/RKGS *****41/43 INWARD DEPT <D/ 0) *****«s COSTAR AGENCIES (M) SDN BHD a NO: **********0X1 TOWER TWO (*****0) COWVINTIONAI *****50/55 T/SHfMT DEPT *****25 TIL
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      Page 33 Advertisements Column 3
      577 33 ■jrsn EASTERN CAR UNER, LTD.' II E jg (SINGAPORE) PTE lIP 5E5™, SPECIALIZE IN ROUP t HEAVY LIFT UPTO 122 TOWS ECI (SINGAPORE) PTE LTD LOADING FOR PORT KLANG BONTANG MANILA MV "GOLD ME NAM" V.14 MV "COSMIC CHALLENGER" V.58 ETA SIN 01/05/98 ETA PKL 03/05/98 ETA BONTANG 06/05/98 ETA
      577 words
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      Page 34 Advertisements Column 1
      1361 34 EUROPEAIK/SCANDINAVIA/FIWLAND/HUSSIA rSCTI ROM ANW HBG THP ZEE LHV IHV TMP ROM ANW HBG PKL SGP E OEVELOP RW-001 31,05 19,06 24/06 20/06 22/06 23,1)6 24/06 E GALLANT RE 055 13,04 15/04 14/04 16/04 18,04 11/05 12/05 E RACER RW 022 0706 26/06 30,1)6 2706 29/06 30/06 01/07 E GROUP RE-058
      1,361 words
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      Page 34 Advertisements Column 2
      977 34 U MAc-NELs STORE M'SIA Carrier MN CONTR LINES, INC K~/\ J em NO! 120M*****0C StBU: (064) *****9 MANILA: (632) *****24 v ll W PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MOW: (61) *****3 KUCHWG (062) *****1-3 MANILA OINOA/BARCHONA/II HARYT" MV "MAHTRAVELLER"
      977 words
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      Page 34 Advertisements Column 3
      423 34 fta. NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL I VOY I SIM 1 fUI I DUB CTT I l/MY kantai ptiwcESS v.o?is 02/05 u/os 19/05 HAMIAI QUEtN VO27S 14/05 22/05 26/05 30/05 02/06 jjjWII DRAGON V.QO6S 24/05 02/07 06/05 10/06 NANUI PttIKE V.022S 25/05 07/06 11/06 lUMUI
      423 words
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      394 35 BSfl x. I MMk MYANMA U FIVE STAR LINE I (Myonmor Nationol Lint) Loading for Yangon (Raogooo) VISSEI VOY SIN PKG PEN PGU (AGO 101W SIB MIIGUi 143W SID MALAYSIA AGENTS: NUSTIAO SHIPPING AGENCIES KUL m 02-03-*****00 PKL TU 02-03-*****01 PIN: TU 02-04-*****02 PGO: Til 02-07-*****21/4 BANK LINE (A Mrvk*
      394 words
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      Page 35 Advertisements Column 2
      1105 35 HYUNDAI MERCHANT MARINE CO. UP. i j jny i VKSII VOVj SOU 1 lg H IWM 1 AWT HMI IMVI I I HTCORINOOOM 312W 30/04 11/05 24/05 20/05 21/05 00/04 15/04 11/04 14/04 02/5 NOIKAAI 311W 06/05 21/05 22/05 24/05 27/05 NOi TOURMAAM *****7/04 18/04 12/04 14/04 05/05 USsT MOW
      1,105 words
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      Page 35 Advertisements Column 3
      919 35 oorwgor ipeooliZßd ou#ocom#fs QsStSKS TO NORTH AND LATIN AMERICA ROW HEAVYUFT [VKSfi VOY RAMP WIGHT SIN LAX C*l MIA SAV Ml Off NYC NEW |MM maof R»T"WkS S3I "5T755" "TOT *****" "K7ST WSTWST TT7STIW TWTW~ TAMPERE Fllo 400 Um 6.3 M 14/0$ 10/0* 19/0* 22/06 24/0* 26/0* 27/0* 2S/0* 03/07
      919 words
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      708 36 ITiTsrS9V9P'!9VVVY9VVH!'V9SVV'fH BANQKOK/LAEM CHABANO JAKARTA/PAW JA WO VESSEL VOY SIN Si<K LCH VESSEL VOY SIN JKT PJN I XETHA BHUM 231N8 In Pt 03/05 MATHU BHUM ***** In Pt 02/05 ANANJHUM 103N 02/05 06/05 MATHU BHUM 363S In Pt 02/06 I CHANA BHUM 16N 03/05 06/05 06/05 GURU BHUM' 76S 02/05
      708 words
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      Page 36 Advertisements Column 2
      430 36 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL: *****68 FAX *****64 Kffj TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI Bintulu I Muara I VESSEL VOY SIN ,J VOT AUA 8 Bdoit V9MS/EtaoM)l/05 07/0S WIOK 02-03/05 01/05 IScno WBO9E 06-09/05 14/05 MJodi V9807E 06-07/05 12/05
      430 words
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      Page 36 Advertisements Column 3
      769 36 A ACCORD A SHIPPING PTE LTD TIL: S66SI IS (40 tin**) PAX *****30 K*TKUMG (03)36/1001 J M DIRECT ACCESS TEI: *****55 (EXPORT ROOKING) Hl* (MOAUG (07)*****// *****34 (EXPORT DOC), *****39 (IMPORT) HHAHG (04) 332 UU URL:HTTP://WWW.ACCORO.COM.SG JAKAKU OH MO 07/0 POKT ITA SIM POT m SIN EOKT ITA $IW POET
      769 words
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      348 37 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMhCOWTAIWEWSED SERVICE ML VOY |HrfoSE|A~OAIM<OAM IHIUWO I MtMtN I ANTWERP I A VESSEL 22/08 27/W OMIT 2/7 TO AUSTRALIA ~1 RELCOM*—RSgRVK* VSL WY TSETST FK W W I* USUGAI VMS 23Wam OUH I vm P4O tBU-OYO MSSMC *I7S 02« IMB 1S» I!?? MIST EMTBVMK
      348 words
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      Page 37 Advertisements Column 2
      914 37 ADVANCE CONTAINER LINES (PTE) LTD A I I 140 Cecil Street #12-00, PIL BuHdlng, Singapore *****0 ill. I TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CR no. **********06 OPERATIONS: *****60/ *****05 IAHOKOK JAKARTA (WMkly 5 Slg* PAT/2 Slgs ICH/ 1 Slg IMT) (> m mtm VOY IKK VfSStt VP*
      914 words
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      Page 37 Advertisements Column 3
      768 37 ywtaw j 1 VQY f» I JED I MLA LEH HAM THP HTM ZEE VULEDEVWOO 32SW Ojgjg 13/06 Iggß 24/06 25/06 27/06 27/06 26/06 WXE DE VELA N2SW 12/06 20/06 2V06 31/06 01/06 03/06 03/06 04/06 V_LEDEQEM»*A ~K2SW 19*06 27/06 01AQ6 07/06 06/06 10/06 10/06 11/06 VLLE D"ORION Y2SW 26/06
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      45 40 STEM~fcDial 740-6000 Oil Q€ITI3nQ (Retrieve more schedules!) SldK| Press "1" Select the port and key in STBKS the four digit code eg: To New York (NYC) 2275 Key in your fax number your phone number Another innovative service offered by The document will be SffIPPINGTIMES
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      131 43 LEGEND: R Thunderstorm T.mp.rotur. c X\ J. r^ ho^tr Weather Wind direction with speed m knots Wove height Cloudy Sky Surf oca wind* ore indicated by arrows which fly with the wind One full circle represents colm or light and variable winds One half Heche represents 5 knots I—— One
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  • Page 44 Advertisements
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      125 44 CREW MANNING KAMCHATKA SHIPPING COMPANY (KASCO) RUSSIA KASCO CONTRACT REGISTERED IN PETROPAVLOVSK-KAMCHATSKY, RUSSIA Crewing agency can supply qualified and fully certified seafarers: Individuals, officers and full complements of reasonably priced seagoing personnel with experience of trading all over the world onboard all types of ships. If you are interested please
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