The Business Times, 1 May 1998

Total Pages: 34
1 34 The Business Times
  • 13 1 THE BUSINESS TIMES MITA(P) ll(yi2#7 85c SINGAPORE Internet http://www.asial.com.sg/biztimes FRIDAY, MAY 1, 1998
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  • 58 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 ORD
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  • 76 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 TOKYO
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  • 653 1  -  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 May
    Source: MTI  -  653 words
  • 885 1  -  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 by
    885 words
  • 336 1  -  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 did
    336 words
  • 492 1  -  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 $100
    WONG POK SEE/ST  -  492 words
  • 434 1  -  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 savings
    434 words
  • Page 1 Advertisements
    • 138 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 the
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    • 10 1 A boomi for YHS but OPH faces obstacles, Pg 8
      10 words
    • 240 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* X
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  • SINGAPORE AT HOME & ABROAD
    • 499 2  -  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 bottles
      Source: Salomon Smith Barney  -  499 words
    • 538 2  -  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 tenants
      538 words
    • 226 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 around
      226 words
    • 446 2  -  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 a
      446 words
    • 462 2  -  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 them
      462 words
    • 196 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. The
      196 words
    • 267 2  -  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 with
      267 words
  • Page 2 Advertisements

  • MARKETS IN TURMOIL
    • 740 3  -  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 defence
      AFP  -  740 words
    • 238 3  -  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 China
      Source: Reuters  -  238 words
    • 453 3  -  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 3  -  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 package
      391 words
    • 278 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 handbook
      AFP  -  278 words
    • 535 3  -  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 on
      535 words
    • 356 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. "In
      Bloomberg,; Reuters  -  356 words
    • 406 3  -  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 4  -  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 cent
      508 words
    • 152 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 Lew
      Bridge News; News  -  152 words
    • 280 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 and
      AFP  -  280 words
    • 456 4  -  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 Corp
      456 words
    • 410 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 note
      Reuters; AFP  -  410 words
    • 274 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' son
      AFP  -  274 words
    • 242 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 is
      AFP  -  242 words
    • 522 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 Zemin
      Bloomberg  -  522 words
    • 457 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 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, sang
      AFP  -  194 words
    • 349 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's
      AFP  -  349 words
    • 130 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 Zhejiang
      Reuters  -  130 words
    • 456 5  -  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 its
      456 words
    • 231 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 Shimbun
      AFP  -  231 words
    • 179 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 presided
      AFP  -  179 words
  • Page 4 Advertisements
    • 621 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 *****4
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    • 79 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 chance
      79 words

  • Page 5 Advertisements
    • 61 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-'
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  • THE WORLD
    • 353 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 1.9
      Reuters  -  353 words
    • 256 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 at
      Bloomberg  -  256 words
    • 730 6  -  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 its
      730 words
    • 536 6  -  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 in
      536 words
    • 184 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 the
      AFP  -  184 words
    • 87 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 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 and
      Reuters  -  258 words
    • 289 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 shares
      Reuters  -  289 words
  • Page 6 Miscellaneous
    • 23 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?
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  • Page 7 Advertisements
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      296 words
    • 129 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 TO
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    • 21 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 1
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    • 156 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 box
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    • 100 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't
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  • Page 7 Miscellaneous
    • 804 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 of
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    • 219 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 man
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  • COMPANIES & MARKETS
    • 264 8  -  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 42
      264 words
    • 333 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 company
      333 words
    • 258 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 difficulties
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    • 655 8  -  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 do
      655 words
    • 478 8  -  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 quarterly
      478 words
    • 334 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 as
      334 words
    • 169 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 Services
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    • REGIONAL/INTERNATIONAL COMPANIES
      • 625 9  -  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 9  -  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, thereby
        475 words
      • 207 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 as
        Reuters  -  207 words
      • 518 9  -  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 sign
        518 words
      • 269 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's
        Bloomberg  -  269 words
      • 245 9  -  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 independent
        245 words
      • 180 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 after
        Bloomberg  -  180 words
      • 110 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 Securities
        Reuters  -  110 words
      • COMPANY Briefs
        • 87 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 saw
          87 words
        • 93 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 previous
          93 words
        • 96 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 statement
          AFP  -  96 words
        • 57 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 were
          Bloomberg  -  57 words
        • 99 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 was
          Bloomberg  -  99 words
        • 100 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 a
          Bloomberg  -  100 words
        • 79 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 yen
          Bloomberg  -  79 words
        • 82 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 for
          Reuters  -  82 words
    • FINANCE & COMMODITIES
      • 386 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 about
        Bloomberg  -  386 words
      • 470 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 and
        Reuters; FILE PHOTO  -  470 words
      • 260 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 Asian
        Bloomberg  -  260 words
      • 145 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 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 their
        AFX-Asia  -  217 words
      • 173 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 power
        173 words
      • 216 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 the
        Reuters  -  216 words
      • 169 10  -  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 and
        169 words
      • 297 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 produce
        Bloomberg  -  297 words
      • 269 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 with
        AFP  -  269 words
      • Article, Illustration
        1134 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*****
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    • 1816 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* 99 131.50
      1,816 words
    • 2300 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 8TR
      2,300 words
    • 1655 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 Izumi
      Bloomberg  -  1,655 words
    • Article, Illustration
      1533 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, Illustration
      603 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 build
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  603 words
    • 366 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 Stock
      AFP  -  366 words
    • 247 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> AN2
      AFP  -  247 words
    • Article, Illustration
      797 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 Thailand
      AFP  -  797 words
    • 397 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 technical
      AFP  -  397 words
    • 603 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 All
      AFP  -  603 words
    • Article, Illustration
      736 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 dealer
      AFP  -  736 words
    • 295 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 596.5
      AFP  -  295 words
    • KUALA LUMPUR STOCK MARKET
      • 369 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 Composite
        AFP  -  369 words
      • 8410 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 BerjayaLand
        8,410 words
    • WARRANTS & OPTIONS
      • 179 14  -  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 in
        179 words
      • 3289 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 >0
        3,289 words
    • 1888 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 74
      1,888 words
    • 5954 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 03
      5,954 words
    • 1086 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 62
      1,086 words
    • STOCK EXCHANGE OF SINGAPORE
      • 218 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 Creative
        218 words
      • Article, Illustration
        64 16  -  -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 trend
        64 words
      • 678 16  -  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 ahead
        678 words
      • ON THE GRAPEVINE
        • 173 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, probably
          173 words
        • 128 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 should
          128 words
        • 139 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
        • 152 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 in
          152 words
  • Page 8 Advertisements
    • 214 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 quite
      214 words

  • Page 9 Advertisements
    • 43 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 14 Advertisements
    • 50 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
    • 81 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 selling
      81 words

  • Page 16 Advertisements
    • 552 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 Singapore
      552 words
    • 551 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 #05-14/16
      551 words
    • 1193 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 103
      1,193 words

  • SHIPPING TIMES
    • 305 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 closing
      Bridge News,; Reuter  -  305 words
    • 140 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 M
      140 words
    • 499 17  -  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 17  -  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 company
      738 words
    • 393 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 oil
      Bloomberg  -  393 words
    • 276 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 decision
      Reuters; REUTERS  -  276 words
    • 1052 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 and
      AFX-Asia; FILE PHOTO  -  1,052 words
    • 343 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* 16
      343 words
    • 13548 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 Australia
      13,548 words
    • SHIPS IN PORT
      • 539 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 Bt
        539 words
      • 1348 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 02/1300
        1,348 words
      • 202 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
      • 898 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 individual
        898 words
      • 411 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 artna
        411 words
    • AIR & LAND TRANSPORT NEWS
      • 256 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 a
        Reuters  -  256 words
      • 403 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
      • 55 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 it
        55 words
      • 401 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$2.6
        Reuters  -  401 words
      • 117 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 Chek
        AFP  -  117 words
      • 615 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 customers
        Reuters  -  615 words
      • 95 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 presented
        95 words
      • 134 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
      • 1476 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
    • 21 17 Reform pains in S Korea: Hyundai's jobs cot a test case Carmaker trying to cut ftiore than 10,000 jobs. Page 2
      21 words
    • 191 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
    • 1147 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/M
      1,147 words
    • 641 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 VWW
      641 words

  • Page 19 Advertisements
    • 1085 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/ 05
      1,085 words
    • 1914 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 m
      1,914 words
    • 329 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 20/04
      329 words

  • Page 20 Advertisements
    • 1181 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« 74
      1,181 words
    • 1364 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 MING
      1,364 words
    • 423 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 MWOOIV
      423 words

  • Page 21 Advertisements
    • 1493 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 I
      1,493 words
    • 1743 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/SHPMT
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    • 590 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 ETA
      590 words

  • Page 22 Advertisements
    • 1252 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*4
      1,252 words
    • 796 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 Mv
      796 words
    • 333 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/M
      333 words

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    • 386 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* of
      386 words
    • 1266 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 31IW
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    • 1018 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 FBlO
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    • 633 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 07/06
      633 words
    • 411 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
    • 814 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 tin
      814 words

  • Page 25 Advertisements
    • 367 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 2MM
      367 words
    • 940 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/ i
      940 words
    • 770 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 06/06
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  • Page 27 Advertisements
    • 49 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 Singapore
      49 words



  • Page 30 Advertisements
    • 943 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) ™VADIKA
      943 words
    • 627 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 Unjßul
      627 words
    • 473 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 YORK
      473 words
    • 451 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 RUKUN
      451 words

  • Page 31 Advertisements
    • 951 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 27
      951 words
    • 1462 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*™ 1144
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    • 101 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
    • 492 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 CREEK
      492 words
    • 771 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 Offices
      771 words
    • 908 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 I
      908 words

  • Page 33 Miscellaneous
    • 113 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