The Business Times, 1 May 1998
1998-05-01
1
34
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section13 1998-05-01 1 THE BUSINESS TIMES MITA(P) ll(yi2#7 85c SINGAPORE Internet http://www.asial.com.sg/biztimes FRIDAY, MAY 1, 199813 words
-
Article58 1998-05-01 1 Du!!Ltt(-8.?l) JSSBU. □&au niriu 7SOJB (+9.10) STOCK KAUET DOMOBI Thursday Oiy KLSE COUP M6J7 +114 NIKKEI 1M4LM_*14U3 HANG SENG 10,383.68 -«7.47 SCT INDEX ***** 411 JAKARTA COUP 4M.I4 411 MANILA COUP —1181JS +47.33 TAIPHWP1 8JMJI -44.14 SEOUL COMP 421.22 +4.17 CL8A CHINA B N7J7 +*17 Al"ST ALL ORD58 words
-
Article76 1998-05-01 1 FMEZIATOS U8S 81 usi im £(USJ/SS per l.«71 10M DM 1.711 1.8818 YEN 111 J 1.2W Mf 1778 0.423 RKI 7.748 AIM BAHT 38.18 0.041 BJP1AH 8,000 O.OSO* •Stto Mm* ram bates SINGAPORE* 7.71 KUALA LUMPUR lliO JAKARTA 28J0 BANGKOK 1471 MANILA JUI HONGKONG ioi& TAIPEI 8J» SYDNEY TOKYO76 words
-
Article, Illustration653 1998-05-01 1 Ven Sreenivasan - But fall-year growth could still fall below 2£-4.5%: BO Lee By Ven Sreenivasan [SINGAPORE] The Singapore economy grew by 5.6 per cent in the first quarter, based on preliminary estimates of economic data for January and February. Disclosing this last night at a MaySource: MTI - 653 words
-
885 1998-05-01 1 Andrew Marks - From, Andrew Marks in New York THE US economy grew by a stronger than expected 4.2 per cent pace in the first quarter, but accompanying data showing subdued wage cost growth dampened fears of an interest rate hike by885 words
-
336 1998-05-01 1 Larry Wee, Diana Oon - By I Larry Wee, Diana Oon [SINGAPORE] Despite an official denial of a 30 billion Malaysian ringgit (5512.7 billion) deal to sell Malaysian Railway (KTM) land to Singapore, the ringgit ended the week on a firmer note. Traders said the ringgit did336 words
-
Article, Illustration492 1998-05-01 1 David Boey - Groupe D&none has option to raise holdings to 51% by year 2001 By: David Boey [SINGAPORE] French food and beverage giant Groupe Danone has entered into an agreement to acquire a 12.45 per cent stake in listed Yeo Hiap Seng Ltd for $100WONG POK SEE/ST - 492 words
-
434 1998-05-01 1 Wong Wei Kong - By Wong Wei Kong [SINGAPORE] In a move read as an attempt to protect investors against increased mar* ket volatility, the Central Provident Fund announced yesterday that CPF members can now sell shares bought with their CPF savings434 words
-
Page 1 Advertisements
-
Advertisement138 1998-05-01 1 WvidOan tatvrtow Steve Liddell, HK-based president for Asia Pacific of World Com, which lost out on a public tender for a fixed-line network, tells BT about its Singapore plans, Pgl it.;. •.£*>/ V "4'la vpV' Vv. > -vw r V.. f Bard hit A big price slump is denting the138 words
-
Advertisement10 1998-05-01 1 A boomi for YHS but OPH faces obstacles, Pg 810 words
-
Advertisement240 1998-05-01 1 Oth#f major ntwt d§v§loptn#nti Pressure mounts on Thai central bank chief to quit, Pg 3 Kl raises foreign equity limit in tetecoms companies, Pg 4 MISC pays USs22om cash for Konsortium's assets. Pg 9 [•^K/m^' e 'ise As "w/7-f0 J ivi i"* iii fc f^AMer A r ,^y -^nnffiniiir* X240 words
-
-
SINGAPORE AT HOME & ABROAD
-
Article, Illustration499 1998-05-01 2 Ronnie Lim - Increased supply in market from East Asian start-ops will hurt S'pore sales By Ronnie Lim A drastic price slump for paraxylene has hit two billiondollar aromatics complexes in Singapore, which is a leading producer cf the petrochemical used to make products like plastic bottlesSource: Salomon Smith Barney - 499 words
-
Article, Illustration538 1998-05-01 2 Frances Lui - By] Frances Lui ABOUT 20 tenants of Anchorpoint shopping mall at Alexandra Road have threatened to go against the landlord's directives to stay open from 10am to 10pm, seven days a week, unless their rents are cut soon. The tenants538 words
-
226 1998-05-01 2 TWO property auctions yesterday produced uninspiring results. Colliers Jardine managed to sell one apartment while Knight Frank did not manage to sell any. Turnout was moderate. There were about 100 people at the Colliers' auction held at 3pm in the Amara Hotel ballroom, and around226 words
-
Article, Illustration446 1998-05-01 2 Catherine Ong - Discussions with TAS could lead to other opportunities By < Catherine Ong WORLDCOM, the US data communications company that is transforming itself into a new generation telephone giant, says it is committed to expanding in Singapore despite losing out on a446 words
-
462 1998-05-01 2 Frances Lui - Recipients include Chan Brothers, S'pore Cable Car By\ Frances Lui SINGAPORE tourism and travel companies interested in improving themselves now have an $80 million assistance scheme to turn to. The Singapore Tourism Board (STB) has set aside the amount to help them462 words
-
196 1998-05-01 2 SINGAPORE'S exports will lose all concessions under the European Union's Generalised System of Preferences (GSP) scheme from today. Singapore goods entering the EU will instead be levied duties under the Most-Fa-voured-Nation tariff rates, the Trade Development Board (TDB) said in a press statement yesterday. The196 words
-
267 1998-05-01 2 Carol Eng - By> Carol Eng THE National Trades Union Congress (NTUC) yesterday announced the setting up of a new training fund for union members, for which it hopes to raise $3 million this year. It also hopes the government will support this initiative with267 words
-
-
Page 2 Advertisements
-
Advertisement9 1998-05-01 2 rr f P^oaphe^obao eeesshh j: MitAiiisa HHKiX£jjf£9Ril; *****77 I9 words
-
Advertisement13 1998-05-01 2 A MORE DIOESTIBLE READ. To subscribe call 1800 840 8988 u 'W«tiy w13 words
-
-
MARKETS IN TURMOIL
-
Article, Illustration740 1998-05-01 3 Harish Mehta, Brucee Cheesman - Commission blames him, and others, of gross financial mismanagement From B Harish Mehta, Brucee Cheesman in Bangkok THE embattled governor of the Bank of Thailand may step down in the face of calls for his resignation to take responsibility for the ill-fated defenceAFP - 740 words
-
Article, Illustration238 1998-05-01 3 Lu Ning - By Lu Ning [SINGAPORE] After hitting a historical high on Wednesday, the renminbi yesterday climbed to another record high against the US dollar since China unified its exchange rates on Jan 1,1994. The Chinese unit closed at 8.2779 against the greenback at Shanghai's ChinaSource: Reuters - 238 words
-
Article, Illustration453 1998-05-01 3 Anthony Rowley - ADB ANNUAL MEETING From, Anthony Rowley in Geneixi AMID predictions yesterday at the Asian Development Bank annual meeting in Geneva that the region's financial crisis will prove much deeper and longer lasting than generally realised, Japan's Vice-Minister for International Financial Affairs,REUTERS - 453 words
-
391 1998-05-01 3 Conrad Raj - Sum is Jakarta's contribution to last year's IMF bailont package for Thailand Byy Conrad Raj CANADA will take over a US$5OO million loan which Indonesia was supposed to provide as part of last year's US$l7.2 billion (5527.2 billion) International Monetary Fund bailout package391 words
-
278 1998-05-01 3 Longer bankruptcy procedures allow time to rehabilitate AFP [BANGKOK] Thai bankruptcy procedures may take up to seven years under a new law designed to give ailing firms a shot at rehabilitation, a report said yesterday. A senior justice ministry official writing a judge's handbookAFP - 278 words
-
535 1998-05-01 3 Meera Tharmaratnam - Caskfltw forecasts, bidding systems add to transparency By Meera Tharmaratnam in Kuala Lumpur MALAYSIA'S central bank has instituted new trading practices for the inter-bank market, which include a cashflow forecast of whether the banking system will be in surplus or in deficit on535 words
-
356 1998-05-01 3 Bloomberg, Reuters [JAKARTA] Indonesia will likely shut more weak banks, and 1s not backtracking on dismantling a clove monopoly. a top official said, looking to pave the way for the resumption of the International Monetary Fund's US$4O billion (5183.4 billion) aid. "InBloomberg,; Reuters - 356 words
-
406 1998-05-01 3 Al Labita - But currency players unfazed by threat of action; peso slips From, Al Labita in Manila THE Philippine central bank yesterday warned foreign and local banks against speculating again on the peso, saying it will not hesitate to act to stem the slide.406 words
-
-
REGION
-
508 1998-05-01 4 Ruth Wong - But funds must be external; foreign stake most be cut to 49% within 5 years Frotn Ruth Wong in Kuala Lumpur MALAYSIA has lifted the foreign equity participation of local telecommunications firms to 61 per cent from 49 per cent508 words
-
152 1998-05-01 4 SINGAPORE Bridge News News SINGAPORE Telecom said it "will review and consider" buying into a Malaysian telecommunications company after Malaysia announced it will lift the foreign ownership limit on telecoms firms, Allen Lew, chief operating officer of Singapore Telecom International, said yesterday. Mr LewBridge News; News - 152 words
-
280 1998-05-01 4 HONGKONG Hang Seng Bank of HK is top regional bank, most honest AFP SINGAPORE Airlines is Asia's most admired company for the fourth straight year, a survey showed yesterday. The Asian Business magazine survey also named SIA as the top Singaporean company andAFP - 280 words
-
456 1998-05-01 4 Laurence Eyton - On the cards are steel, paper, tyre, semi-conductor packaging ventures Prom Laurence Eyton in Taipei FOLLOWING Taiwan Premier Vincent Siew's visit to Kuala Lumpur last weekend, a number of Taiwan firms have announced major investment plans in Malaysia. China Steel Corp456 words
-
Article, Illustration410 1998-05-01 4 JAKARTA Reuters THE Indonesian Armed Forces (Abri) plans to sue Indonesian media which suggested the military was behind the disappearances of anti-Suharto activists, the official Antara news agency reported yesterday. "The Abri high command has all the time been watching and taking noteReuters; AFP - 410 words
-
274 1998-05-01 4 MANILA. AFP PRESIDENT Fidel Ramos denied yesterday that he had approved an out-of-court settlement with the heirs of Ferdinand Marcos on the late dictator's disputed estate, which includes more than US$5OO million (***** million) in Swiss bank deposits. Claims by Mr Marcos' sonAFP - 274 words
-
242 1998-05-01 4 ■HONGKONG Bat prices unlikely to foil much farther, says Midland Realty AFP HONGKONG'S property market is expected to remain in the doldrums this year, a listed real estate firm said yesterday. Midland Realty chairman Freddie Wong said interest rates remain high, the government isAFP - 242 words
-
522 1998-05-01 5 WASHINGTON Talks on entry depend on Bering's easing of trade curbs: Summers Bloomberg A BREAKTHROUGH on issues surrounding China's entry into the World Trade Organisation (WTO) during the June summit between US President Bill Clinton and Chinese President Jiang ZeminBloomberg - 522 words
-
Article, Illustration457 1998-05-01 5 BEIJING Albright addresses US business concerns ahead of June meet Reuters, AFP US SECRETARY of State Madeleine Albright said yesterday that Washington would consider easing sanctions imposed on China after the 1989 Tiananmen Square massacre if Beijing acted on issues of US concern.Reuters,; AFP; REUTERS - 457 words
-
194 1998-05-01 5 ARAWA AFP A PEACE treaty signed yesterday formally ended a 10year civil war on Papua New Guinea's Bougainville island and was followed by a dramatic laying down of arms. Men and women of the Bougainville Revolutionary Army (BRA), in traditional dress, sangAFP - 194 words
-
349 1998-05-01 5 NEWDELHI Minister of power to resign after allegations of graft AFP THE government of Indian Prime Minister Atal Behari Vajpayee suffered a setback yesterday when a coalition partner facing charges of corruption agreed to quit his provincial post. A spokesman of Mr Vajpayee'sAFP - 349 words
-
130 1998-05-01 5 BEIJING Reuters CHINA has punished officials of two state grain firms for diverting 35 million yuan (556.7 million) in bank loans to illegal futures trading, the People's Daily said yesterday. The authorities in eastern Zhejiang province had sacked Jia Ruizhang, president of the ZhejiangReuters - 130 words
-
456 1998-05-01 5 Russell Baker - Concerns have risen over AsBob industry's growth across country From Russell Baker in Sydney FEDERAL Treasurer Peter Costello yesterday launched a public inquiry into the impact that Australia's AsBo billion (5582.6 billion) gambling industry is having on the country's economy and its456 words
-
231 1998-05-01 5 TOKYO AFP JAPANESE corporate leaders say the economy is turning worse due to a prolonged weakness in consumption despite the nation's record spending plan, according to a survey published yesterday. The survey, conducted over 12 days to April 24 by the Asahi ShimbunAFP - 231 words
-
179 1998-05-01 5 SEOUL AFP SOUTH KOREA yesterday lifted restrictions on local firms investing in North Korea in a bid to boost economic exchanges with the isolated Stalinist country. The decision came at a meeting of government officials in charge of inter-Kore-an ties which was presidedAFP - 179 words
-
-
Page 4 Advertisements
-
Advertisement621 1998-05-01 4 BUSDIESS Notices IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IT THE MATTER OF LUGGAGE REPAIR C. SERVICES PTE LTD (IN MEMBERS'VOLUNTARY WINDING UP) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held at 103 Kallang Ave #02-01AIS Industrial Building Singapore *****4621 words
-
Advertisement79 1998-05-01 4 and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout ceremony. It's another chance79 words
-
-
Page 5 Advertisements
-
Advertisement61 1998-05-01 5 E Available with colour panels, mirror panels, stainless steel panels, stainless steel wraps and designed for built-in. Antana Refrigerator/Freezers kvum fsl JI.I.IIJJ.M.IN^JJHS—— 180 Paya Later Road #09-03 Yt Ouang BuMmg Singapore *****2 Ta»: *****99 Fa*: (96) *****02 I Showroom 176 Orchard Road *03-43F CarrtroptHot Singapore *****3 Ta>: *****99 I Jfv-'61 words
-
-
THE WORLD
-
353 1998-05-01 6 LONDON Reuters BRITAIN'S economy will slow sharply this year and the next, allowing interest rates to fall steadily in 1999, a leading economic think-tank said yesterday. The National Institute of Economic and Social Research forecast GDP growth will slow to 1.9Reuters - 353 words
-
256 1998-05-01 6 ■FRANKFURT Bloomberg THE Bundesbank left its full set of interest rates unchanged at yesterday's meeting, though analysts forecast a rate increase later this year as Germany helps to stamp out inflation in faster-grow-ing European neighbours. The German central bank left its floor discount rate unchanged atBloomberg - 256 words
-
Article, Illustration730 1998-05-01 6 Kevin Sullivan - WORLD VIEW But France gives way to domestic concerns by scuppering OECD pact By Kevin Sullivan WHEN more than 450,000 Danish workers downed tools on Monday that's nearly 10 per cent of Denmark's total population, and a full 20 per cent of its730 words
-
536 1998-05-01 6 Neil Behrmann, Shada Islam - Members will decide on conversion and cross rates in which to lock currencies From Neil Behrmann, Shada Islam in Brussels ELEVEN nations are set to be elected into Europe's Economic and Monetary Onion (EMU) at a historic meeting beginning in536 words
-
184 1998-05-01 6 MOSCOW AFP RUSSIA'S young Cabinet asserted its authority over a stalling economy yesterday, threatening spending cuts to rein in the budget while naming arch reformer Anatoly Chubais to head the influential power giant United Energy Systems (UES). At the first meeting of theAFP - 184 words
-
Article, Illustration87 1998-05-01 6 [BIRMINGHAM] "Get your hair done. Marge. Bill Clinton's coming to town." This poster was launched on Wednesday by the Birmingham City Council to advertise the G-8 summit which will be attended by world leaders, including US President Clinton, in Birmingham this month. Marge Potter, 67,AFP - 87 words
-
258 1998-05-01 6 VERSAILLES Washington also wants energy sector in trade pact Reuters US Trade Representative Charlene Barshefsky told her Japanese counterpart yesterday that she was concerned at the pace of implementation of agreements on deregulation and trade in cars, car parts, flat glass andReuters - 258 words
-
289 1998-05-01 6 LONDON Continental shares seen outpacing US as Tokyo falls behind Reuters BRITISH global fund managers are moving cash into European equities while cutting exposure to Japanese shares. A Reuters poll of mainly London-based managers and strategists showed a preference for continental European sharesReuters - 289 words
-
-
Page 6 Miscellaneous
-
Miscellaneous23 1998-05-01 6 DOOHOORT By Garry Trudeau vw-- WA9A&FVZ7ER W.PYOU f/7 522?' Wm 1 GGTIT'-r I HBLP YOU?) fRICHARP MJfTTINGlY WtTKJ- SAY SO. \f )C(K~] rxTBPNACQNceaB?23 words
-
-
Page 7 Advertisements
-
Advertisement296 1998-05-01 7 Where to wine, dine and entertain... "t Wkat better way to ceiebntc > great week than Sunday Brunch at Tlie Cafe-in-Tlvf-ftrfc? Enjoy tile finest brunch aud service at only $28* per adult (only 314" for the bids). Then toast your good fortune with Gold Sett Champagne, each glass glittering with296 words
-
Advertisement129 1998-05-01 7 Dine admidst countryside ||HBP| surroundings and choose ra|Sg| from 40 mouth-watering a-la-carte dishes at a price that is hard to resistl LUNCH ffl MON-SAT: $16.80++ SB IS SUN A PUBLIC ES HOUDAY: $18.80++ IR 2 DINNER MON-FRI: $18.80++ R SAT/SUN A PUBLIC HOUDAY: $23.80++ CHINA CHINA RESORT RESTAURANT (OPEN TO129 words
-
Advertisement21 1998-05-01 7 new fn&fitt at PAOLO I i m i PING'S PASSIONATELY ITALIAN TASTEFULLY CHINESE I 731-7^S5 Ist Anniversary' EARTH SHAKING PROMOTION 121 words
-
Advertisement156 1998-05-01 7 PNn't yia taiw? I read it in "THem. t—4if ClttiifUd this wiibii. J [CATAI lo Mum p With J^ove Treat mum to over 30 specialty delicacies tike Salmon Sashimi, Fried Quail ft many more tempting dishes cfe our special buffet... 1% <r she'll receive a beautiful carnation plus a box156 words
-
Advertisement100 1998-05-01 7 mwww^wm Discover Hie fflagniTieenee o! Thailand at The Mezzanine Cafe Bar 7 17 May 1998 Reservations: 831-6286, 831-6288 (between 3pm 6 pm) Mezzanine Csit I Bar Jmd floor C—aijMin n OtctfAMw J Spuwpr C KIIIAI J m. «sr H 333 Orchard Road.Singapore *****7 Tel: 737 4411 VkH HmC CWi>\gSg RgSfwUrWHf't100 words
-
-
Page 7 Miscellaneous
-
Miscellaneous804 1998-05-01 7 TV&BAPIO 3JO Holiday Special III: du Empat. aaa a hjv a Tracey Ullman A 12.30 PMPentasl2. EEELXSHiZSSIHIIHUHH^HHHHHIIH •.00 AM Holiday Special: A Class Act. L3O Semarak Dangdut. Journey Down cOO Holiday Movie Special 2.00 Mas Kahwin. iaaa u rt i o 3 Interview with Actress 10.00 Holiday Ice wheel of804 words
-
Miscellaneous219 1998-05-01 7 CRYPTIC CROSSWORD Sneer at a composer of music 9 A club well-qualified persons 10 On-and-off restriction wa- 17 One whose practice it is to ma30 Separate the underworld on a Mediterranean island (8) trifle? (12) TEBTIERDAT*S SOLUTION 31 Home alternative for the 15 Being old, is quite possibly shrewd man219 words
-
-
COMPANIES & MARKETS
-
Article264 1998-05-01 8 Soh Tiang Keng - By Soh Tiang Keng [SINGAPORE] Precision engineering group Uraco Holdings slipped into the red with a $969,000 net loss at halftime, compared to its $8.2 million profit in the same period a year ago. At the pre-tax level, group operating profit plunged by 42264 words
-
Article333 1998-05-01 8 M'sian firm Pangkal given option to buy 79.5 m new shares [SINGAPORE] CAM International Holdings' recruitment of a former Malaysian cabinet minister is paying off Malaysian company Pangkal Cipta Sdn Bhd is taking up an option for 79.5 million new shares in the beleaguered company333 words
-
258 1998-05-01 8 JACKS International did roaring business in the UK last year, pushing sales and profits up a hefty 50 per cent and 40 per cent respectively. The group said its strong performance in the UK market more than offset the regional economic difficulties258 words
-
655 1998-05-01 8 Lee Han Shih - HOCK LOCK SIEW Lee Han Shih THE deal yesterday involving French food and beverage giant Danone buying a major stake in listed Yeo Hiap Seng is the best thing that has happened to YHS in a long time. But do655 words
-
478 1998-05-01 8 David Boey - Aerospace, marine units main contributors to $417 m turnover By] David Boey [SINGAPORE] Singapore Technologies Engineering yesterday announced a 27 per cent jump in profit to $38 million for its first quarter the first Singapore-based company to release quarterly478 words
-
Article, Illustration334 1998-05-01 8 Group aborts two Indon infrastructure projects [SINGAPORE] Van Der Horst's exposure to the region's troubled economies has topped $260 million and the group has quit two major Indonesian infrastructure projects. The company, which is headed by executive chairman Johannes Kotjo, said that as334 words
-
169 1998-05-01 8 [SINGAPORE] Boustead Singapore is investing $10.5 million in a bakery that it is setting up in Malaysia. The company said yesterday that as at March 31, some $7.2 million had been disbursed for the venture, which is being handled by subsidiaries Boustead Services169 words
-
REGIONAL/INTERNATIONAL COMPANIES
-
Article, Illustration625 1998-05-01 9 Eddie Toh - Gronp will also absorb USs3llm debt; analysts say price tag will dispel talk of bailout From Eddie Toh in Kuala Lumpur MALAYSIA International Shipping Corporation (MISC) has bought the shipping assets of cash-strapped Konsortium Perkapalan controlled by Mirzan Mahathir for US$22O million (*****.5 million)FILE PHOTO - 625 words
-
475 1998-05-01 9 Harish Mehta - From Harish Mehta in Bangkok FINANCIALLY-crippled Siam City Bank yesterday offered to sell to the Bank of Thailand a controlling stake in its property investment arm through a 30 billion baht (Ssl.2 billion) conversion of debt into equity, thereby475 words
-
207 1998-05-01 9 Reuters [KUALA LUMPUR] Bakun dam builder Ekran Bhd said it was negotiating to get fair and appropriate compensation from the government for the shelved hydroelectric project which the company was building. The national Bernama news agency yesterday quoted Ekran's executive chairman Ting Pek Khiing asReuters - 207 words
-
518 1998-05-01 9 S N Vasuki - Major firms' losses cast gloom over earnings outlook From S N Vasuki in Jakarta THE Salim Group's flagship enterprise, PT Indofood, yesterday reported a record net loss of 1.2 trillion rupiah (*****.2 million) for the year ended Dec 31, 1997, in a sign518 words
-
Article269 1998-05-01 9 Bloomberg [LONDON) British Aerospace pic agreed to buy a 35 per cent stake in Saab AB, a Swedish warplane maker, for 3.5 billion Swedish kronor (Ss7l6 million) in cash from Investor AB, in the latest example of consolidation among European defence companies. Europe'sBloomberg - 269 words
-
Article245 1998-05-01 9 Meera Tharmaratnam - By M Meera Tharmaratnam in Kuala Lumpur ANALYSTS yesterday said the valuation of Konsortium Perkapalan's shipping assets were on the conservative side and that it was probably due to a rethink of industry standards in the past few years. "The price looks very fair, and the independent245 words
-
180 1998-05-01 9 Bloomberg [WELLINGTON] Brierley Investments' new chairman Roger Douglas said restructuring the company could take up to six months. "The experience I've had in the past indicates it might take that long," he told reporters yesterday. Mr Douglas was appointed this week afterBloomberg - 180 words
-
110 1998-05-01 9 Reuters [KUALA LUMPUR] The Securities Commission said yesterday it and the Kuala Lum< pur Stock Exchange (KLSE) would make contributions totalling 300 million Malaysian ringgit (*****.2 million) to a compensation fund for stock market investors. "In order to enhance investor confidence, the SecuritiesReuters - 110 words
-
COMPANY Briefs
-
Article87 1998-05-01 9 (SINGAPORE) Construction group Low Keng Huat (S)'s net loss doubled to $5.4 million for the year ended Jan 31 despite a 115 per cent rise in turnover to $161 million. The company blamed the deterioration in earnings on the regional financial crisis, which saw87 words
-
Article93 1998-05-01 9 [SINGAPORE] Falling sales at company level, higher interest costs and foreign exchange translation losses resulted in Pokka Corporation recording a net loss of |6.1 million for the year ended Jan 31,1908. This is more than double the net loss of $2.1 million during the previous93 words
-
96 1998-05-01 9 AFP [MANILA] The Philippine Long Distance Telephone Co (PLDT), said yesterday that its net profit in the three months to March rose 61 per cent from a year earlier to 2.066 billion pesos (5J81.4 million). PLDT, the country's main carrier, said in a statementAFP - 96 words
-
57 1998-05-01 9 Bloomberg [STOCKHOLM] Ericsson AB's first-quarter profit rote a less-than-expected 33 per cent as the Swedish phone equipment company spent more on advertising and research. Profit rose to 1.806 billion kronor (*****.4 million) .from 1.360 billion kronor, in the first quarter last year. Analysts surveyed wereBloomberg - 57 words
-
99 1998-05-01 9 Bloomberg [SANTA CLARA, California] Intel Corp cut prices on its Pentium and Pentium II processors for portable computers as much as 42 per cent, as the world's largest chipmaker moves to slash prices more frequently. The Pentium MMX chip running at 200 megahertz wasBloomberg - 99 words
-
100 1998-05-01 9 Bloomberg [LONDON] Texas Utilities Co won the battle for the UK's Energy Group pic after PaciflCorp said it won't increase its bid, leaving Texas with the higher offer of £6 J billion (5516.7 billion) on the table. Texas Utilities offered 840 pence aBloomberg - 100 words
-
79 1998-05-01 9 Bloomberg [TOKYO] Aiwa Co posted a second straight year of record earnings in fiscal 1997, helped by strong sales of mini stereo systems and a cost-cutting shift in production to South-east Asian countries. Group net income rose 38.4 per cent to 8.811 billion yenBloomberg - 79 words
-
Article82 1998-05-01 9 Reuters [PERTH] A As97o million (Ssl billion) merger of Australian gold miner Plutonic Resources Ltd with US-based Homes take Mining Co was approved by an Australian court yesterday following Plutonic shareholder approval on Wednesday. The merger gives Plutonic shareholders 34 shares in Homes take forReuters - 82 words
-
-
-
FINANCE & COMMODITIES
-
386 1998-05-01 10 Investors torn conservative after near record flow of USs3l.6b in March Bloomberg [NEW YORK] US investors socked away about US$2l billion (5533.4 billion) in stock and bond mutual funds last month, a third less than March's near record. Last month's flow is aboutBloomberg - 386 words
-
Article, Illustration470 1998-05-01 10 Reuters [WASHINGTON] The wave of mergers in the financial services industry shows that the nation's antiquated banking laws must be updated, Federal Reserve Board governor Laurence Meyer told lawmakers on Wednesday. "The ongoing and rapid pace of change in the banking andReuters; FILE PHOTO - 470 words
-
260 1998-05-01 10 Asian crisis, weaker US growth expected to hit prices: EIU Bloomberg [LONDON] The Economist Intelligence Unit said it expects the price of industrial raw materials, including rubber, oil, fibres and base metals, to faU by 13.8 per cent this year, due mainly to sagging AsianBloomberg - 260 words
-
145 1998-05-01 10 Bloomberg [NEW YORK] Chase Manhattan Corp said it will buy Marine Midland Bank's Continental Airlines Inc's co-branded credit card portfolio, pursuing its expansion in the credit card business. Chase will gain 145,000 accounts with a value of US$325 million (*****.6 million) in receivables.Bloomberg - 145 words
-
217 1998-05-01 10 AFX-Asia [HONGKONG] The People s Bank of China has issued a circular to commercial banks urging an increase in credit to support China's residential housing construction market, the China Daily reported. The circular said commercial banks may allocate 15 per cent of theirAFX-Asia - 217 words
-
173 1998-05-01 10 [SINGAPORE] Scor, the French reinsurance group which has its regional head office in Singapore, has been chosen lead reinsurer for construction risks on a nuclear power plant in China. Scor's leading role involves risks for the second tranche of the Qinshan nuclear power173 words
-
216 1998-05-01 10 Mwnn Report Reuters (SINGAPORE! Simex Euroyen futures were slightly off as investors liquidated long positions yesterday ahead of a series of Japanese holidays early next week, dealers said. "The market has been quite long for the past few days. I believe ahead of theReuters - 216 words
-
169 1998-05-01 10 Cecilia Loh, Refco Singapore - MSCI TAIWAN FUTURES Cecilia Loh, Refco Singapore lia boh, service dealer, Refco Singapore [SINGAPORE] The MSCI Taiwan Stock Index futures contract edged down 5.10 points. Negative sentiment and good institutional seUing led May futures to a large discount relative to cash. Taiwan retailers and169 words
-
297 1998-05-01 10 ENERGY REPORT Bloomberg [LONDON! Crude oU was little changed following Wednesday's 2.4 per cent drop sparked by Venezuela's threat that if agreements curbing global output end it could boost production 15 per cent next year. Petroleos de Venezuela, the state-owned oil company, could produceBloomberg - 297 words
-
Article269 1998-05-01 10 AFP T THE US dollar was lower on balance against core European currencies with weaker-than-expected first quarter US Employment Cost Index data offsetting the effect of stronger-than-expected GDP data for the period, dealers said. The Employment Cost Index rose 0.7 per cent from the previous quarter compared withAFP - 269 words
-
Article, Illustration1134 1998-05-01 10 PffBKBAMK CROSS KATES A pr 30 q ht Ml nr Ym 9m W BSNtte §m g—I I* Ott 0* 9—8 18$ *«5r5« -1935 1178 0592 1923 l-BP 5-& ***** ***** 1861 170 2232 U74 ***** 2182 Utt 1294 1*8 ***** ***** UW 0JS2 CM 1.869 1785 0*32 1194 1-251 TW*****1,134 words
-
-
Article1816 1998-05-01 11 SIOPM FUTURES ApTso RUMER (Mwtt ctosmq h it 5.30f«) RSS1 CONTIACT(S cMti/kg) Close Vohimo Opoa Month MfQjJ Low Sott (twws) Intorost M«y 98 119.50 1750 J«n 98 119.50 1550 J*» 98 119.50 2915 Aug 98 121.00 1515 S«f> 98 122.75 1515 Oct/Doc 98 126.75 4650 Jon/M* 99 131.501,816 words
-
Article2300 1998-05-01 11 LONDON -a -«-»-1inousinais »*30 Pmi 31 Croup 590 000 11.000 AB Ports 353.000 unch ABbay National 1117.000 -13.500 AlliadOomacq 618.000 -1.000 Aiwc 182.000 4.000 Asda Group 201.400 4.000 BAT Ind 571.400 1.400 BG Ptc 320.000 12.000 BICC 168.000 5.000 BOC Group 1029.000 32.600 BRPatrolaum 945.400 37.000 8TR2,300 words
-
Article1655 1998-05-01 11 Bloomberg P Nikkei 225 ****** JAPANESE stocks rose for the first time in three days, led by Bank of Tokyo-Mitsubishi Ltd, on the coat tails of a rally by the US benchmark index. "The US rebound gave the market a psychological lift," said Minoru Okayama, a manager at IzumiBloomberg - 1,655 words
-
Article, Illustration1533 1998-05-01 12 Reuters Q Hang Seng -87.47 HONGKONG stocks eased to a lower close yesterday as cautious investors stayed on the sidelines waiting for US economic data to provide direction, brokers said. The Hang Seng Index fell 87.47 points, or 0.84 per cent, to 10,383.68 after hitting a low of 10,267.23.Reuters - 1,533 words
-
Article, Illustration603 1998-05-01 12 Reuters nStoAaBMn *106 CHINA'S hard currency B shares closed higher yesterday on a wave of buying triggered by the end of the corporate results season, brokers said. Domestic investors also looked to possible government support to give the market a boost, they said. "Domestic institutional investors began to buildReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 603 words
-
Article366 1998-05-01 12 AFP PwPMex -44J4 TAIWAN stocks fell for the fourth consecutive day yesterday on strong institutional selling, dealers said. "Institutional investors were on the selling side on concerns over the secondquarter performance of the technology sector." said Andy Wei of Master Link Securities Investment and Trust Co. The Taiwan StockAFP - 366 words
-
Article247 1998-05-01 12 AFP Q Wellington +C4l NEW Zealand stocks closed up 0.3 per cent yesterday, with Telecom and Fletcher Challenge Energy accounting for nearly a third of the day's turnover. The NZSE-40 Capital Index closed up 6.41 points at 2,256.54 on a total market turnover of NZ586.06 million. *r» om> AN2AFP - 247 words
-
Article, Illustration797 1998-05-01 12 AFP P SET fate .QJ2 THAI stocks drifted in quiet trade yesterday, shrugging off the release of monthly economic data to close 0.03 per cent softer, analysts said. "It was another record day of thin trading and bearishness," Adkinson Securities analyst Surachai Viriyamanpong said. The Stock Exchange of ThailandAFP - 797 words
-
Article397 1998-05-01 12 AFP nOwniwHtelnlg *417 SHARE prices closed one per cent higher on the Korea Stock Exchange yesterday in a technical rebound with buying focused on blue chips, dealers said. The Composite Index closed up 4.17 points at 421.22, off a high of 423.47. Dealers said the gains were mostly technicalAFP - 397 words
-
Article603 1998-05-01 12 AFP FlAllOrtoaricß +HO AUSTRALIAN share prices rose 0.5 per cent yesterday as investors continued to take their cue from Wall Street. The Australian Stock Exchange's main indicator, the All Ordinaries Index, closed 13.0 points higher at 2,762.1. The All Industrials Index climbed 25.1 points to 4,705.2 while the AllAFP - 603 words
-
Article, Illustration736 1998-05-01 12 AFP D| Composite Index -SJI JAKARTA shares slipped one per cent with many foreign investors selling amid nervousness over the political situation and jitters over a possible hike in interest rates, dealers said. "I think it is quite clear that foreign investors are still selling this market," a dealerAFP - 736 words
-
Article295 1998-05-01 12 AFP nmmU *47.33 PHILIPPINE share prices rose 2.2 per cent yesterday due to a strong first quarter performance by Philippine Long Distance Telephone Co. The Philippine Stock Exchange Composite Index rose 47.33 points to 2,181.32 points. Volume rose to 1.03 billion shares worth 1.40 billion pesos compared to 596.5AFP - 295 words
-
KUALA LUMPUR STOCK MARKET
-
Article, Illustration369 1998-05-01 13 Market ignores gov t's telecom move AFP |H| Oomposita Index +3J4 MALAYSIAN shares ended 0.5 per cent higher yesterday on late local support but the market largely ignored the government's move to raise the ceiling on foreign ownership in local telecommunication firms. The Kuala Lumpur Stock Exchange's 100-share weighted CompositeAFP - 369 words
-
Article8410 1998-05-01 13 jjlWIllllll I Cmsmht pnAKti 1998 Last Vei Day Net Cap HHI> Law Cl—My «H •OOP Hlgb Law P/C »<w* 310 180 Ajinomoto 245 13.5 993 148 72 Angkasa 75 3 19 75 73 17 1)0.6 290 123 Apollo Food Hiq 162 unch 1 162 162 4.7 64.8 388 190 BerjayaLand8,410 words
-
-
WARRANTS & OPTIONS
-
179 1998-05-01 14 R Sivanithy - WARRANT WATCH By R Sivanithy THE extension of the life span of a warrant will be the subject of a lengthier discussion in a different column next week. For now, we'll take a brief look at the difficult issues involved. The basic argument in179 words
-
Article3289 1998-05-01 14 •OMOS, LOAM A VAMANTt t »<— Compony Wi *or- COOO) Hlph L*« 4wytf' < So«pr PrtcJ 23.S 9 m 3000 m AMOBcS 5H*****4 O unch 5 13 13 13 13.5 20.5 31*0 A Acpr WOK>731 US) n.S It 13 •9 8.5 31*4 Acmp ******4 11 -I T 21 21 >03,289 words
-
-
Article1888 1998-05-01 14 ri.itr Apr 30 HMMNMsntn >s 'wryzt^mri'vimt --v. a w —-u. i eg y a ar 135 28 mt 9000 Aisasoc (3.5 inch in U ft] U.S 64 S.0 3J 1.7 24.2 *11 "2 s 2L s 44 U U jj m• 5002 Alcorn 45ctf 4on 11 u 741,888 words
-
5954 1998-05-01 15 dnt<-: Api JO j Or Or M Wl 06* LaatOMta Div CM* YM Mat Cap Avq W» I— two Ciwpwi fla fOOO) hn* Law Bwyr «a8ar Cw M $3 Prtca 43 18.5 1020 ACE Dynamic s60c~ 24 -0.5 S 24 24 24 23.S 035,954 words
-
Article1086 1998-05-01 15 a*jsm x «g at 134 92 2000 ABRHWgjSc >02 -I 9 102 99 5 100 102 49 8 243 76 2049 AS Auto 10c 172 *1 297 174 171 170 173 1S.0N 6.8 0.9 143 196.4 176 •2 46.5 2051 ASJ Hldg. 20c 62 unch 1 62 62 621,086 words
-
STOCK EXCHANGE OF SINGAPORE
-
Article218 1998-05-01 16 Stodu Volume SingTel ISc 7,224,000 TaiSinlOc 4,994,000 •Rekapacifk Bh 3,746,000 Easyknlt HKIOc 3,242,000 DBS Foreign 3,073,000 ST Enqg 10c 2,945,000 •Pub Bk Foreign 2,141,000 *RHB Cap Wt99 2,114,000 *M Resources 2,088,000 *MBf Capital 1,934,000 Stocks DBS Foreign 32.146,528 SingTel 15c 19,286,389 SPM 17.785,766 OCBC Foreign 9,241,027 UOB Foreign 9,067,217 Creative218 words
-
Article, Illustration64 1998-05-01 16 Shiv Taneja - -by\ Shiv Taneja NATSTEEL Ltd closed six cents higher yesterday it $2.08 on a volume of 1.03 million shares, compared with its 10-day traded average of 749,200 shares. In the near term there could be some buying interest for this stock, but in the longer term, the trend64 words
-
Article, Illustration678 1998-05-01 16 R Sivanithy - STOCX MARKET COMMENTARY Recovery in SingTel's price outweighed by declines in Cycle Carriage, SPH; focus falls on second-liners By R Sivanithy [SINGAPORE] A generally quiet day for regional equities and a reluctance on the part of many players to keep positions open ahead678 words
-
ON THE GRAPEVINE
-
Article173 1998-05-01 16 FOR a few years during and after the 1965 recession in Singapore, a big hole in the ground in the Marina Square area was a well-publicised symbol of the economic slump that afflicted the Republic. Today, that hole has been transformed into a thriving, up-scale hotel, probably173 words
-
Article128 1998-05-01 16 PETER Sutch, chairman of John Swire Sons (HK) Ltd, has become chairman of the Hongkong General Chamber of Commerce. Mr Sutch replaces James Tien who, some say, could have contributed to attacks on the Hongkong dollar last year when he questioned if it should128 words
-
Article139 1998-05-01 16 BEEMER fans out there may be interested to know that the new "3" series may be about to steal a march on close competitors like the Audi A 4, the Volvo S4O and the Alfa Romeo 156. Weight reduction was one factor mentioned but,139 words
-
Article152 1998-05-01 16 HERE'S a public service message. Watch out: they take your kids' money for magazine subscriptions, stall you with some spiel about a six-week waiting period before the mags start coming through the mail, and then disappear with the money. We're talking about a company in152 words
-
-
-
-
Page 8 Advertisements
-
Advertisement214 1998-05-01 8 "uur aaugnter was reunited witn ner aog on the very day the ad appeared!" Mrs Christine Low... "Business picked up after we advertised in Classified. It really works!" Trevor Koh... "It's no secret that The Straits Times Classified is the key to our success." Low Kok Meng... "We received quite214 words
-
-
Page 9 Advertisements
-
Advertisement43 1998-05-01 9 Or make your dream a reality with a piece of realty. Whether you're in the market for a luxurious bungalow or an affordable apartment, you can find it easily in the Classified. Move on to the Properties Section, Classifications 400 to 569. CATS.43 words
-
-
Page 10 Advertisements
-
Advertisement6 1998-05-01 10 HThe Straits Times Classified Classifications 402-5686 words
-
-
Page 12 Advertisements
-
Advertisement15 1998-05-01 12 Buy It. Sell It. Find It. jj^h. Classified. tgf Call Today For Results Tomorrow. 1800-737-116615 words
-
-
Page 13 Advertisements
-
Advertisement22 1998-05-01 13 1 1 :i jtptx Make The Straits Times Classified your first pit stop when I shopping for your car or motorbike. mMm22 words
-
-
Page 14 Advertisements
-
Advertisement50 1998-05-01 14 The Straits Times Classified. Flowers a nicc surprise. J I I'd like to deliver a V for you, V \Thank you\. J \k bouquet of flowers E- Buyinfi or sellintf through al Am* Mr v l 1 1 J The Straits Times Classified is child's play. call CATS. at 1800-737-1166.®50 words
-
-
Page 15 Advertisements
-
Advertisement81 1998-05-01 15 I the computer IgR I you this was a 1 j making for Susan l I advertised in /.'Jta 7\V deal -J, I; Yup, we got what V is going to be J Straits we because nice! Jit, >■ ny ch 1 p—l r "j d^ Ke Buying or selling81 words
-
-
Page 16 Advertisements
-
Advertisement552 1998-05-01 16 BUSINESS Notices IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF CALSSO AMERICA OFFSHORE COMPANY PRIVATE LIMITED (IN MEMBERS' VOLUNTARY WINDING UP) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held al 158 Cecil Street *07-01 Dapenso Building Singapore552 words
-
Advertisement551 1998-05-01 16 in intunUw THE COMPANIES ACT, CAR SO AND IN THE MATTER Of MARIMEX TRADING PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTION PURSUANT TO SECTION 2M<2> Al an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 1 Sophia Road #05-14/16551 words
-
Advertisement1193 1998-05-01 16 Sunday Classified at Clarke Quay |cxta| Every Sunday, 9am spm IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF LUGGAGE DISTRIBUTORS PRIVATE LIMITED (IN MEMBERS' VOLUNTARY WINDING UP) NOTICE OF RESOLUTIONS At an bxtraordinary General Meeting of the Company duly convened and held al 1031,193 words
-
-
SHIPPING TIMES
-
Article305 1998-05-01 17 Bridge News, Reuter THE capesize sector of the market remained generally active with the Pactflc area still firmer although some charterers managed tosecure surprisingly lower rates. Panamax rates remained weak in the east and eased for US Gulf loaders. The futures gained no new ground with the closingBridge News,; Reuter - 305 words
-
Article140 1998-05-01 17 a v-' grr0hii>iniin_tt.70 5Soa ioT -oooc so £S «2fi *2 MCNMmS* Hit 5*0 jdhnSI— O.4*» ««M9 T *jS3r«t, <!« o5 am «*0«KU.—-4uM -004 222 IM MM* M MM uneh M 152 unch MOl-_ OM5 *0j02 TM OmN US 0.81 -0.04 H) twMtCanfcra _0M5 -0.005 T75 hmMNCn.OJS *0.003 M140 words
-
Article, Illustration499 1998-05-01 17 Felix Chan - Pakistan round up top 3 positions: Fearnieys report By Felix Chan [SINGAPORE] India retained its position as the dominant force in ship demolition last year with Bangladesh and Pakistan bringing up the rear. Of the 14.8 million deadweight tonnes (dwt) sold for demolition last year,FILE PHOTO - 499 words
-
738 1998-05-01 17 Selva Kumar - ADMIRALTY CASEBOOK By Selva Kumar A SHIPOWNER has failed to convince an English court to treat the controlling director of a company as a party to a time charter agreement just because he had unlawfully transferred funds out of his company738 words
-
393 1998-05-01 17 Circular issued allowing for 6-month extension to ISM code deadline Bloomberg [LONDON] Secretary-general of the International Maritime Organisation (IMO) William O'Neill has called for a response from the Saudi Arabian ambassador to reports of a move to allow tankers calling at Saudi oilBloomberg - 393 words
-
Article, Illustration276 1998-05-01 17 AUSTRALIA* DOCK TUUKOIX. Reuters [CANBERRA] Australia's High Court yesterday left the country's bitter three-week-old waterfront dispute in limbo when it announced it would not issue a ruling until Monday on whether 1,400 sacked dockers should be rehired. The court said it would deliver its decisionReuters; REUTERS - 276 words
-
Article, Illustration1052 1998-05-01 18 REFORM PAXMS XM KOREA The carmaker's bid to cut more than 10,000 jobs could determine the outcome of restructuring in South Korea AFX-Asia [SEOUL] Hyundai Motor Co's ongoing bid to cut more than 10,000 jobs is expected to determine the course the government andAFX-Asia; FILE PHOTO - 1,052 words
-
343 1998-05-01 18 PACE ESPUnes 14 ACL 9 Ethiopian 6 AM. 3 Evergreen 6 Accord > M Ahrenkiel H EoongSun 8 Appenship 5 Frotl AsiaOCL IS Frt Links 16 Astro 3 GUnk 4 Austral 9 G«n*tr«ns 8 Avwit 16 Gwhpg 9 B'tang Mas 8 GloryKa* 16343 words
-
Article13548 1998-05-01 26 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT A| ETA ETA AdvwttMr VnM Voyaga Talaphona ETA ETA Atfvarthar Vhui Voyaga Talapftona SIN Oatfn Sam« Hunt Humbtt Numbf SIN Daafn Nama Nwn Mumbar Nimtftar OS/OS 21/05 DSEN HANJIN SAN FRANCIS WN8I9 tS UMV T» ADCLAIDC (ADL) 2007 To BRISBANE (BNE) 2058 South Australia Australia13,548 words
-
SHIPS IN PORT
-
Article539 1998-05-01 33 Vwjd Voy Mo Bftfc Arrhut Dtfrtpre JravNrt At Trader V001 JI7 alongside X.04/Z230 IWN«118M 04/96 J03 alongside 30.04/2300 8t Uta UI *****8 J01 Honqndt 30.04/1800 Bt Mm Gt6 S7 *****8 J01 alongside 01.05/0200 Bt Mus Ti IU *****8 J01 alongside 01.05/0600 Bt Nurdiana APR29 J01 alongside 01.05/0900 Bt539 words
-
Article1348 1998-05-01 33 RECOVWtO OF EXPORT Fa COWTAHCRS AND La CARGO Booklng/Manct litis Ship Voy Wo Etfc/Btr Nrtod torn To Frw *aJ*t IM 01/0(00 M 30/1500 30/1*59 JO/WOO 30/1500 301*5'! 30/1900 tt 30/1700 01/0*59 01/0900 a up 01/0*59 ovwoo J 01/0700 OVUM Ol/UOO 4 OVUM 0VM59 01/1700 AMMW 2 «3M 02/13001,348 words
-
Article202 1998-05-01 33 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 Day. Portugal: Labour Day. Singapore: Labour Day. South Africa:202 words
-
Article898 1998-05-01 33 THIS report, compiled by Cockett Marine Oil Ltd, show* price ranges in US dollar* instead at single prices for a more comprehensive description of the market. Price* shown are baaed on average-sised stem Market movements are Indicated The CodHtt Bunker Price Index chanar and the individual898 words
-
Article411 1998-05-01 33 CaftM MO Man MM 0.7 U OM 123 0.04 A#r 23 OmnRt Mtor M*n Ask AlaaMaa MM No Maw £25 0 0 0 0 10 300 Aw 906.0 OJ *0 0.06 29 0.03 [na 300 Mn 2.0 If J 0.13 02 0.07 aofiri %MM MM artna411 words
-
-
AIR & LAND TRANSPORT NEWS
-
256 1998-05-01 34 Reuters [ABIDJAN] DHL will launch an African expansion in October with extra aircraft for new West and Central African routes aimed at the region's booming oil sector, DHL's Africa aviation director said. "We will use an extra DC-8 for what will be aReuters - 256 words
-
Article, Illustration403 1998-05-01 34 German airplane leasing company to buy 6 of 100-seat planes Bloomberg [SEATTLE] Boeing Co is expected to announce as early as next week the first order of 717 jetliners since the company took over McDonnell Douglas Corp, maker of the medium-range jetliner,Bloomberg; FILE PHOTO - 403 words
-
Article, Illustration55 1998-05-01 34 [SINGAPORE] Children from Chen Su Lan Methodist Children's Home enjoying a tour of a Federal Express (FedEx) aircraft at the carrier's centre at Changi Airport International Airport (CIAS), recently. A total of 15 children had the chance to see inside a FedEx plane and watch it55 words
-
401 1998-05-01 34 Reuters [MADRID] Spain's flagship airline Iberia has announced it was mulling a deal to replace its long distance fleet in a deal worth around 200 billion pesetas (552.08 billion). The move, which would complete Iberia's fleet renewal, comes on the heels of a mammoth US$2.6Reuters - 401 words
-
117 1998-05-01 34 AFP [HONGKONG] An investigation was launched yesterday into a fire in the passenger terminal building of Hongkong's new airport, an Airport Authority spokesman said. The fire was not expected to delay the scheduled July opening of the airport, on remote, largely man-made ChekAFP - 117 words
-
615 1998-05-01 34 Bnt impact will be limited because region is not yet a significant market Reuters [HONGKONG] British Aerospace pic (BAe) said it expected a general slowdown in business in Asia due to the region's economic turmoil and one of its customersReuters - 615 words
-
Article, Illustration95 1998-05-01 34 [SINGAPORE] The ancient Bithna Fort (above) between Sharjah and Fujairah in the United Arab Emirates (UAE) is part of Arabian heritage which has been captured in the form of miniatures by Emirates Airlines. The airline's first and business class passengers can expect to be presented95 words
-
134 1998-05-01 34 Bloomberg [CHICAGO] UAL Corp is offering a leave of absence to 300 flight attendants as part of its effort to cut costs to compensate for its unprofitable Asia unit The leave can be taken anytime from June through February 1999, the company said.Bloomberg - 134 words
-
Article1476 1998-05-01 34 OTT FU6HT ET* FUOft CTP MOOM 6*974 ZOOS IHI can 2205 $0130 IWO MrtwHC S0e03 T905 CZ354 0910 KmtfrUm $0327 0T55 KL044 0040 0X1 ***** 1020 IUJ37 1455 6*974 2009 MMWC C***** WW HMO 2)00 M VN741 OW VM742 OWS ***** 2120 W740 MW teeMM ******1,476 words
-
-
-
Page 17 Advertisements
-
Advertisement21 1998-05-01 17 Reform pains in S Korea: Hyundai's jobs cot a test case Carmaker trying to cut ftiore than 10,000 jobs. Page 221 words
-
Advertisement191 1998-05-01 17 Boeing expected to annotmce first order for 8717 German airplane leasing company to buy 6 of 100-seat planes. Baok Page —m neLusl JM-JLiUljLaahr wr t r0 v s i si fasti S|\( I \|M >l\l ulu II \|'U V> Jill I leadl out lo .1 select tai'L'et .IlliilClkC 111 ilk'191 words
-
-
Page 18 Advertisements
-
Advertisement1147 1998-05-01 18 1 NORTH AMERICA EXPORT I i OTHER DESTINATIONS 1 SSX SWCTSHUTTLE EXPRESS DIRECTTO LA jDWECT SERVICETOWEST COASTgOUTM AMBSCA/ABUAMOEBEXPRESSSERVICE Www ***ww raai n»g> Hi mi ran ok iw mcoon vnsa Iwt I a Imean) wßu»Bn«u cmuo m nana S£gj£i mnuacT VUIMSMRU MBit »/M 24/ M 15/ M 10/ M H/W B/M1,147 words
-
Advertisement641 1998-05-01 18 XoUo>v L""® services represented u rlw; by Members of the Registry o< Svigapore Fmghi Forwarders Accredited Snipping Agents. Association Singapore Shippwig Association Send out 48,000 Place an ad in... SHIPPINGTIMES •IrisUm *****44 JarrodLeong *****89 3 Jopon 2 x Hongkong 1 Mania 1 Kooshwnfl. Kaekjog (Accruing FCI to SICK/NAHA/SCNOAI/CEBU/LCH) vox VWW641 words
-
-
Page 19 Advertisements
-
Advertisement1085 1998-05-01 19 r~\ v ■■^^^^■^■WM33KUMIiUySAEmiAI3BiHHHIBH^^^I TO EUROPE FROM EUROPE msa VOY SM RTM AMR HAM MV SOU FIT UN VtSSU VOY RTM AM HAM NV SOU FIT UH SM MT COMMOOOtf JI7I JO/04 23/05 70/05 21/05 1«/ M THANKS *15* 11/0401/04 M/ 04 04/04 30/04 MOM lin 01/05 17/05 19/05 M/ 051,085 words
-
Advertisement1914 1998-05-01 19 HANJIN SHIPPING HANJIN SHIPfING (S) PTIITO 1* //wm M" MOW* 37*0735 737 SAUS 3M0734 731 DOCUNttI 37*0771 774 OfftttOK 37*0741 757 NAM M *****55 Ml TTTtHO CI M **********0 M I TO NW USA A CANADA I USA CANADA* rot vsi/vor oam g uwma/vor sa I ttw W |w|oi|w|>iT|MT|w|Hi|wii m1,914 words
-
Advertisement329 1998-05-01 19 FULLY CONTAINIRIIID DIDICATID tIRVICIS vtssa voy_ pug voy sin hk6 kl us* pus Iwssa 1 voy jSTjw" KRRTC UISAM BO4S 10/04 21/04 004R 22/04 24/04 21/04 30/04 01/05 N j-|$- |KiS WCPUSAN BOSR 24/04 01/ OS 03/05 OS/OS FW" wfit ftffi SS? Ml lffli MOWTAMA 04S 24/04 21/04 04R 20/04329 words
-
-
Page 20 Advertisements
-
Advertisement1181 1998-05-01 20 DSR-SENATOR LINES TO UK/CONTINENT TO BED SEA/MPMITOHANEANCiAN^D A wmb- w w ug m mil hw m» fu vtim wr w ja an rot w.c tnw imohmm wqsi r m am am tin an mm shmmnmsbmiw «w mm hi 17 m»«naa a a a NMUH SM HUNCSCO WWII KB 8« 741,181 words
-
Advertisement1364 1998-05-01 20 MMG YML Internet Web Sit* http: //www.ymLcom.tw LLLI E-mail Addr—» caOhp72Q.yml.cojri.txo mimmMMmmiimmMiMiiEmimmim T¥ cf EV»Y thursoay/SUNOAY «MCI VOY SIN CMS HTM NAM FXT LEH AMR MING ZENITH JBI7W 03/05 20/05 22/05 23/05 25/05 MALACCA BRIDGE ABIBW 08/05 3(V05 28*5 27/05 01/06 MING EAST JBIBW 11/05 28/05 30*5 31/05 02/06 MING1,364 words
-
Advertisement423 1998-05-01 20 K i jesseltom^Jle S4 TILt UIS4S4 FAXt Mill 11 r MUARA 1 i LABUAN 1 vissa vor m> n* vissa vor no tu Sfoti muaia sratf in irttootr viu/oo 04/05 o»/os MtiaotT vi 11/40 00/ os 11/05 inosrai VI2I/91 10/05 13/05 J.MKWB VIS/W 10/05 14/05 APMGUMT Vl2l/40 IS/05 11/05 MWOOIV423 words
-
-
Page 21 Advertisements
-
Advertisement1493 1998-05-01 21 [VESSEL VQY SIN PQU PKQ PEN 84.W BUR PUB BA BIK IRAN VOJDAN PJL 1278 16/04 25/04 IRAN OHEYAMAT PJL 1270 23/04 02/05 IRAN VAHDAT PJL 1284 12/05 21/05 22/05 IRAN TAKHTI PJL 1286 10/06 28/06 20/05 IRAN TEYFOURI PJL 1287 26/06 04/06 06/06 MALACCA OLORY PJL 1286 I I1,493 words
-
Advertisement1743 1998-05-01 21 DIRECT SAILING T TO SHANGHAI ft XINGANG I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TIL 226 1900 FAX: *****0T OUTWARD (B/L) *****02 JONORE OFFICECOSTAR SHIPPING rn LTD »i 7-08 ns»u>g saus/mgs *****41/43 inward oept (D/oi *****85 COSTAR AGENCIES (M) SDN BHD CR NO: **********011 TOWER TWO (*****+) CONVENTIONAL *****50/55 T/SHPMT1,743 words
-
Advertisement590 1998-05-01 21 EASTERN CAR UNER, LTB/'Ti.'SX?* t-§J m. bmmwb n» hp SPKUUZI W RORO 4 WAVY UFT UPTO 122 TONS ECL (SINGAPORE) PTE LTD LOADING FOR PORT KLANG BONTANG MANILA MV "GOLD ME NAM" V.14 uy "COSMIC CHALLENGER" VSI EUSN 01/05/96 cumo3/05/98 v-wmiv. wnAUxnvtK v.oo EU OONTANG 06/05/96 ETA SAM 03/05/99 ETA590 words
-
-
Page 22 Advertisements
-
Advertisement1252 1998-05-01 22 S6P ROM ANW HBG THP Si LHV LHV THf ROM MM HM P*L 6GP E. DEVELOP NW-661 31*6 11*6 24/06 26*6 ?2*6 23*6 24*1 E. GALLANT RE 066 13*4 15*4 14*4 11*4 11*4 11*8 12*6 E. RACER RW-022 07*6 26*6 36*6 27*6 26*6 36*6 61*7 E. GROW RE-666 16*4 21*41,252 words
-
Advertisement796 1998-05-01 22 SStoMiL M'SIA NwVJ QWWOMHinwPIM 80U:(OM)*****9 HAMLA:(992)*****94 PPUWQ: (04) *****39 9ANQKOK: (998) 23M657 SURABAYA: (91) *****9 P. KELAWO: (03) *****77 JCIi (21) *****07 MDM: (91) *****9 KUCMWQ (092) *****1-9 MANILA GIMOA/iAtCIIOIIA/lI HAtvT MV "MARTR/R/RLER" V.104N MV "NORASIA SHANGHAI" V.9517-3 ETA SIN: 04-05-98 ETA SIN: 05-05-98 AUCKLAND MV "NORASIA SHANGHAI" V.9817-3 Mv796 words
-
Advertisement333 1998-05-01 22 NANTAI L|NE FUUY CONTAINERISED SOVKIIO MAJJRfTRJS/SOUTH AFRICA vcsa I VOT If I PIU Iw I CFT I i/iir| mraUfWCBS IBIS 02/D5 It/is mw queer nm w M no m a* jjgyijgi toots 74/n to/v iwt mwufug 1022s k/k 07/w n/» ■MUCUS tops n/% iw UM )VU IMB Gomapttcon moss w/M333 words
-
-
Page 23 Advertisements
-
Advertisement386 1998-05-01 23 mm MYANMA wBBk FIVE STAR LINE (Myanmor Notional Lino) loading for Yaiigon (Rangoon) Vtssr VOY SM KG KM PGU HtMC J 143W SID I AGO IO2W 10/0S MALAYSIA AGENTS: MUSTIAD SHIPPING AGENCIES KUL Til 02-03-*****00 ML TH 02-03-*****01 fOt m 02-04-*****02 PGO: TEI 02-07-2$ *****/4 BANK LINE (A ttrvk* of386 words
-
Advertisement1266 1998-05-01 23 IA HYUNDAI MERCHANT MARINE CO. UP. SOU UH I RTM I AHT I HAM |IRV I FEL IVKSU VOTI SOW I 184 I ETM I AWT I HAM I BRV I PB. SI MOM 305W 01/05 22/05 23/05 17/05 19/05 NOl AGATE 31* 00/04 15/04 11/04 14/04 02/05 NOtPIAII 31IW1,266 words
-
Advertisement1018 1998-05-01 23 norwegon ipedolized outocomeo JML«m ©e)^@(§ MT MWI//VSS TO NORTH AND LATIN AMERICA "*ORO HEAVYLIFT SERVICE" [VISSfI VOT «W WIGHT SIM LAX C*l MIA SAV BAI ORF NYC NEW MM TAUIOT FOO9 400 Tom 6.3 M IN PORT 25/05 WO4 5*754" 01/0* 10/04 11/04 12/04 17/04 19/04 TAM ft RE FBlO1,018 words
-
-
Page 24 Advertisements
-
Advertisement633 1998-05-01 24 lANQKOK/LAIM CHASANQ JAM AWT A/PAN J AHO VESSEL VOY SIN BKK LCH VESSEL VOV SIN JKT PJW ANAN BHUM 103N 02/08 08/05 GURU BHUM* 76S 02/06 06/06 YANTBA BHUM" 238N 03/08 06/06 07/08 ACX RUBY* 218 04/05 07/08 CHAMA BHUM 16N WW 06/06 06/06 OEJA BHUM 7468 06/06 08/06 07/06633 words
-
Advertisement411 1998-05-01 24 IBINTANG MAS SHIPPING PTE. LTD. 30 NEIL ROAD, SINGAPORE 0206 TEL: *****68 FAX: *****64 TLX: R*****6 SINMER CR No: **********0W Receiving Cargo at PTI Blntulil j M wars vtssa voy sm mi £SSS vgr sw mua IW» mm 04-OT/05 14/B5 MMi V9807E 06-07/05 12/05 IMM mm 14-15/05 20/05 M *80/!411 words
-
Advertisement814 1998-05-01 24 A ACCORD -7SHIPPIWG PTE LTD TIL ***** IS (40 Lin**) FAX *****30 KtTKLAMC (03) St? Ittl 046KT ACCCSS Til: S447SSS (EXPORT BOOKINO) MS* GUDAMG (07) SSI 1J77 *****34 (EXPOftT DOC), *****39 (IMPORT) PENANG {04)*****4$ URIiHTTPs//WWW.ACCOND.COM.SG JJUUUU (71) Mi/71 %AA# m sin "port S sin pot m $in port m tin814 words
-
-
Page 25 Advertisements
-
Advertisement367 1998-05-01 25 INDONESIANATIONALLIN^I TO EUROPE H EXPRESS SEMI-CONTAINERISED SERVICE "551 VOY rHSff I A OAM/n DAM IH BUKG lIREMEN I ANTWERP A VESSEL 22/06 27/06 OMIT 2/7 TO AUSTRALIA "1 FULL CONTAINER SERVICE vs. voy IWA lUK I IWE I SYP MB. 1 H6A I API IfRI 1 KASUGAI VOtS 2&64 2MM367 words
-
Advertisement940 1998-05-01 25 f PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I CR NO 100a*****00E Ivissel vor pkl sin stp Bft AW m m V* I oociAimn on 4/s 4/s u/s u/s iys n/i n/i m/s I KOTA PtKTAMA PtMOOi ~W" W/j >4/5 77/ i940 words
-
Advertisement770 1998-05-01 25 VESSELS I VOY MN JED MLA LEH HAM THP WHI ZEE ~1 ViXDEVWQO S29H 0408 13*08 18/06 24*06 25*06 27/06 27/06 26/06 VILLE DC VELA N2SW 12/06 20/06 2V06 31/06 01/06 03/06 00*06 04/06 V-LEOCGEMINA H2SW 19*06 27/06 01/06 07/06 MW I<VO6 1(V06 11/06 VMJ-E D'ORION Y29M 2W06 0106 06/06770 words
-
-
Page 27 Advertisements
-
Advertisement49 1998-05-01 27 ma na —fIHHP' (Retrieve more schedulesl) SJ© Press *1* I CT Jp\ Select the port and key in the four digit code eg: To New York (NYC) 2275 S TtJ Key in your fax number I your phone number offered by The document Will be for calls within Singapore49 words
-
-
Page 30 Advertisements
-
Advertisement943 1998-05-01 30 shipping line ltd 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR HO. **********00 CALL DIREC T LIWE: *****41/4 3 JESS'CA/CELU/MEI CHAW 7 SLGS/WEEK 2 SLG/WEEK I VESSEL VOY [SIN |~JAK IVESBEL VOY SIN PIB MAJOR "OOIS INPT 03/05 (SUN) ™VADIKA943 words
-
Advertisement627 1998-05-01 30 ENO HI SHIPPING CO PTE LIP I Tall 3JJM7J It Um*) f m SMMM/S3M9M CI fct HIWMHIK VISSII VOY SIN nA SM no OCSTINATIOM Usohoßau 05/98 29/04 30/04 Beiowon BuonoAbodi 07/98 79/04 ?9/04 Peworonfl/Buoton/B fNipon Uwon Stt 10 04/98 29/04 30/04 Swaboya/JakntD S«wr Central 05/98 29/04 30/04 P«mwna/Booion/PBo ru Unjßul627 words
-
Advertisement473 1998-05-01 30 SIN FAR EAST 03/05 KEELUNG/KAOHSIUNG 03/05 BANGKOK 04/05 MANILA/CEBU 03/05 JAKARTA/BELAWAN/SURABAYA 03/05 PORT KELANG/PENANG/E MALAYSIA 06/05 BUSAN 03/05 TOKYO/YOKO/KOBE/NGO/OSA 03/05 HONG KONG SIM CHUtt 03/05 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DAL lAN/SH ANG HAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 03/05 LON/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 05/05 LOS ANGELES/NEW YORK473 words
-
Advertisement451 1998-05-01 30 rrr« Singapore Soviet 3B]tyig Pte. Ltd. 1 1J CR NO: **********0N BOMBAY I VESSEL VOY I SIN I BOM PNG PKL ORIENT AISHWARYE 112N 02/06 10/06 21/06 23/06 KOTA RUKUN RKNOOI 06/06 13/06 23/06 28/06 KOTARATU RTUOO9 15/06 23/06 04/06 06/06 ORIENT AISHWARYE 113N 23/05 01/06 12/06 14/06 KOTA RUKUN451 words
-
-
Page 31 Advertisements
-
Advertisement951 1998-05-01 31 1 EXPRESS (AMI)-WESTBOUND SERVICE I VESSEL I VOY S4N PW GOA I VIC i£H ANR 1 FXT MSC MARTINA 9816 3 03 MAY 16 MAY 18 MAY OMIT OMfT 24 MAY 25 MAY N SHANGHAI 9817 3 05 MAY 18 MAY 20 MAY 22 MAY 25 MAY 26 MAY 27951 words
-
Advertisement1462 1998-05-01 31 ftSS oimi; MM ?os Tios Bos ,|Ml|Ml| If It tTW mmm HMfILIBKBJ NYIAMUMS 04WA14 07.0$ 2105 25.05 2445 MM KYKAMHOMBA 08*14 0544 0744 0044 1244 2104 04J0S 05JS 074S 0105 NYIAMMONOA 03*019 1105 30.05 0144 0244 044* mtUm <"* ,SJ4 M-OS 1145 IUOS 14.05 11U LOAaMSFMMKMC.UMTA smmuu toito I*™ 11441,462 words
-
Advertisement101 1998-05-01 31 I& Dalian Shanghai 4$ Haikou Shantou B Fuzhou Shenzhen Guangzhou Hangzhou 4$ Wuhan jp gg 4$ Huangpu Xiamen P Qingdao OfZhongshan Ej Xingang >$Zhuhai |y H OUR NEXT SAILINGS 1 Eg MV. "UNI VALUE" V.OIO7DN ETA SIN *****6 pi MV "BUNGA PELANGI DUA" V.01E816 ETA SIN 070&98 9 H HV.101 words
-
-
Page 32 Advertisements
-
Advertisement492 1998-05-01 32 IBvessel voy maa sin I TIGER BAY 623N 01-0205 06-10/05 14-15/05 I TIGER ISLAND 624 M 05-06,% 10-15,05 19-2005 I TIGER BRIDGE 625N 09-10/06 15-18/05 23-24/05 I TIIGERWAVE 626N 12-13/05 18-21/05 26-27/05 I TIGER BAY 627N 15-16/05 21 25/05 29-30/05 I J TIGER ISLAND 628N 19-2QQS 25-29/05 02-03/05 TIGER CREEK492 words
-
Advertisement771 1998-05-01 32 FREIGHT UNKS EXPRESS jpr 62 Toh Guan Road, Singapora *****1 Tel: *****66 (60 Linaa) Fax: *****33 E-mail: flesin@singnet.com.sg CONSOLIDATION SERVICE TO THE FOLLOWING PORTS FORTNIGHTLY SERVICE TO SANTOS (BRAZIL), SAN ANTONIO (CHILI) AND BUINOS AIMS (ARGENTINA) OTHER DESTINATIONS TO ARICA, IQUIQUE, ANTOFAGASTA, PUNTA ARENAS, CALLAO VIA SAN ANTONIO Overseas Offices771 words
-
Advertisement908 1998-05-01 32 J, IOOCI (frnoqpofl Pt» Ud CFS Keppel Distrpk 171 kmm 10ad#2144 (S) imM Mk Sl3 #01-128 f M mky MW' W w livVJws a*3269 180 BOITI AIMttCA• t*A/ CAIMBA <T> AUSTRAIIA TO USA |"W IGI -CHI 'MEM I -lire H0« OUTBOUND SGP SYO Ma AOL FK WK 00Q. JAPAW24ESI9 I908 words
-
-
Page 33 Miscellaneous
-
Miscellaneous113 1998-05-01 33 LKGINO: R Thunderstorm T«mp«ratur# •<, A V Shower Weother —V Wind drection with *p««d in knots Rom Ooody Sky Wov Serfje. wind* ore indicate by orrow* «Mdi My wi* tto wind <p calm or Iflhtondvoriobi. wind. W On. half ffcche 3 knot. L— On# KJ Meche reprment* 10 knot* On*113 words
-