The Business Times, 12 May 1998

Microfilm: NL21186
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 110/12/97 85€ SINGAPORE Internet: http://www.asial.com.Bg/bi2times TUESDAY, MAY 12,1998
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  • Article
    MARKET SUMMARY
    36 1 fitamanroMHi nainaw K1KUD 1MS1J0—+01M IAN08KNQ 1MMJ7 >KN nmrrnn nw< JAKAKTA COUP liwW tAiPDwn inrn +IM.Q SEOUL COMP MLH -1118 CUBA CHINAS M&1B -CIS AWT ALLOW —IBM >17.1 fca IDT ChMft oof j, mil !3ui
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  • Article
    FINANCE
    71 1 mamam m ii uaf uis idMpvn— um—imi Ml_ 1.717 Mil YEN 1IU 1J17* Ml Ull 1414 HKI 7.741 tut BAKT 11.71 IMS RL'PtAH MM Mir •mummm runimr SINGAPORE* 7.71 KUALA LUMPUR 11.60 JAKARTA NN BANGKOK 1471 MANILA UN BONO MONO 10.26 TAIPEI AN SYDNEY 141 TOKYO IN SEOUL 14N
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  • Article, Illustration
    Lock icon Finns in S'pore cut investment budgets: survey
    567 1  -  70% of companies polled In April expect sales to fall, against 50% in October By, Audrey Tan [SINGAPORE] Companies here are slashing Investment budgets this year because of an expected sales slowdown, creating a vicious circle which will further dampen economic growth, a
    Source: CBFD  -  567 words
  • Article
    Lock icon Top 15 Malaysian firms to see profits shrink: Mahathir
    254 1 Reuters [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad yesterday said that the IS biggest companies In Malaysia were expected to see their profits drop to a total of 1.5 billion Malaysian rlnggit (***** million) from RM9 billion in 1987. Speaking in
    Reuters  -  254 words
  • Article
    Lock icon SBC to buy Ameritech for US$71b in stock and debt
    693 1 Bloomberg [SAN ANTONIO] SBC Communications Inc said it will buy Ameritech Corp for US$7l billion (S$U4.B billion) in stock and assumed debt, creating the largest US local telephone company with customers from Ohio to California. SBC will exchange 1.316 of
    Bloomberg  -  693 words
  • Article, Illustration
    Lock icon Estrada leading by wide margin in ballot, exit polls show
    671 1  -  Polling generally peaceful except for isolated incidents Promt Al Labita in Manila OPPOSITION bet Joeeph Estrada looked poised to top the hotly contested presidential race, despite a plea by Roman Catholic bishops to voters to Junk him in yeeterday's elections.
    REUTERS  -  671 words
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      193 1 111 mm ioI^MUR Fears of a banking crisis in South Korea escalated as Moody's ratings agency downgraded 19 debt-heavy commercial banks, triggering a 3J per cent dm m tne mock market, PgS m esdalST'" Dm membership prices of social and recreational dubs last month record- I ed their smallest decline
      193 words
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      Page 1 Advertisements Column 2
      13 1 MRHiihuUirttthi best performer, Pg 2 KLupa loan to Indonesia by USs2som, Pg 6
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      Page 1 Advertisements Column 3
      127 1 Automatic Chronometer in 316 L steel, by Mauboussin. S$ 5,380. IVIAUBOUSSIN since IBi/ EXCLUSIVELY AVAILABLE AT« MAUBOUSSIN BOUTIQUE -#01-19ANGEE ANN CITY J9IB ORCHARD ROAD SINGAPORE 23M74. TEL (65 735 12^2 ROY EASTERN WATCH #01-86/ M Ac #01-74 LUCKY PLAZA 104 ORCHARD ROAD SINGAPORE 23M63. TEL (65) 734 3139 8t (65)
      127 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Manufacturing the best performer but it's touch-and-go
      367 2  -  THE BT-CBBO SURVEY Three-quarters of manufacturers see dimmer prospects in nertS ninths Reports by, Audrey Tan THE manufacturing sector may have been the best performer in the first three months of 1996, but it is still touch-and-go for Singapore's main export engine, the
      FILE PHOTO  -  367 words
    • Article
      Foreign firms and bigger companies fare better
      323 2 LARGE and foreign firms have generally weathered the Asian economic crisis better, the latest BT-Centre for Business Research Development survey found. As in the previous two quarters, April's survey results show large firms performed better than small firms, and foreign firms outdid local
      323 words
    • Article, Illustration
      Lock icon S'pore may slip into recession: JPM
      309 2  -  EYE OK TOE ECONOMY Outlook Byi Audrey Tan SINGAPORE will undergo a longer and more painful economic adjustment in the next two years, than it had in the recession of 1985, says J P Morgan. Pointing to the "profound financial and real sector restructuring"
      Source: JP Morgan  -  309 words
    • Article
      SIA jet evacuated in Taiwan after sparks around engine
      266 2  -  By. Ang Wan May THE captain of a Singapore Airlines Airbus A3lO-300 passenger jet ordered an evacuation yesterday after noticing sparks around an engine just before take-off in southern Taiwan, an AFP report from Taipei said. The captain of flight 5Q677
      266 words
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      927 2 THERE 18 A BETTER WAY IQ SOFTWARE Jit -X For smarter, faster business decisions Reporting and Analysis for Medium and Large Enterprises From the individual desktop, to server based production reporting MS Office-like interface, eaey to uee for both novices and professionals Everything a company needs to distribute reports on
      927 words
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      Page 2 Advertisements Column 2
      1007 2 A PERMASTEELISA PACIFIC HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of Company win be held at 17 Tuas Avenue 3. Singapore *****4 on Wednesday. 27 May 1998 at 10.30 a.m. (or as sodn thereafter toNowing
      1,007 words
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      292 3 3 After years of forging your own path* perhaps its time to enjoy the drive. Like you, the engineer* at Lexus have never chosen to Out on the open road, you 11 discerningly guide the inimitable «tyle as a Lexus owner, the E<S3OO deliver# follow. Rather, they have sought a
      292 words
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  • FOCUS: PROPERTY
    • Article
      Tough times for landlords
      1132 4  -  Tenants have lower budgets but their expectations remain high By\ Corinne Kerk [SINGAPORE] Being a landlord just isn't what it used to be. With falling rents, slower capital gains and higher interest rates, the going is tough for owners of investment properties. According to Dinah Craven
      1,132 words
    • Article
      Under the hammer
      580 4 Property auctions coming up wongm rrinK Friday, May 15 (11am) at Grand Plaza Hotel, Ballroom 1 rmijiuM 66 Emerakj Hill Rd: 3-sty conserved bitfdrg, 1,506 sqft/FH** 25 Jn Sejarah: 2-sty bungalow, 7.353 sq NFH" 07-02 AvilaGdn, 17RoraRd:spt, 2.669sqftf H** 1403 Costa Rhu, 9 Rhu Cross apt, 1,399
      580 words
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      313 4 Wtoa M m vmJ* p»m j SUt'S M• M Ml odu w m "gfffc Comprising 2 lots of ww 15,100 sq .ft. and 20,300 sq. ft. respectively. Bid for om or both bungalow plots. Commoming view, with interesting tornsn for uootivo design layout. Metho&t SHs' Sdi, Henry Poric Pri Sdi
      313 words
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      Page 4 Advertisements Column 2
      138 4 im. *i i hi i Vs*?*, JToday's modem office has to be espedaHy if you come into frequent contact vwtft your clients. Thus selecting the right M»ure spoon is .cry rtaf. fjjjj j 9 Introducing the VERTtCA FurrWtur* System Ul'l'll I'll the most comprehensive furniture system furniture svsteii by k&£
      138 words
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      Page 4 Advertisements Column 3
      62 4 NEW OFFICE BUILDING FOR SALE 5-storey commercial 7 minutes walk to City HaH/ building Bugis MRT Station Land Area: 4,094 sq ft Close proximity to Bugis Gross Floor Area: Junction, Raffles City 16,964 sq ft Suntec City Tenure: 999 years Walking distance to Inter- TOP: 30 March 1998 Continental Raffles
      62 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Muslim leader calls for Suharto to step down
      385 5 JAKARTA Oppodtlon Isadora nrgo annulment of lUrch appointment of fHihirtftj HiiMMf AFP THE leader of a powerful Islamic movement yesterday urged President Suharto to step down to avoid bloody clashes In the troubled country, while main opposition leaders urged the national assembly
      AFP; REUTERS  -  385 words
    • Article
      Lock icon M'sians protest against company over water shortage
      232 5 PETALING JAY A AFP HUNDREDS of Malaysians took to the streets here to protest against continued water shortages, accusing the company responsible for water treatment of Incompetence and inexperience. The protest, involving about 500 residents, took place in an upmarket neighbourhood of Petallng
      AFP  -  232 words
    • Article
      Lock icon M'sia says it has enough TV stations
      103 5 ■JOHORBARU Bernama NO MORE licencee wW be lasued to Ml up television stations as Mslsysls already has enough TV stations, Information Minister Mohamad Rahmat said yesterday. He said the ministry was worried that having too many TV stations would only generate stiff competition
      Bernama  -  103 words
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      236 5 UNIVERSITY OF UNIVERSITY OF SOUTH AUSTRALIA LOUISVILLE Adelaide, Australia I7TmHHHK] HThe Top 25 Business Schools" Y HI Kentucky. USA V® w JSr pw"mba ln Business a ivisni§smeni iww m iwne ee SUI intikl JUIK 'SS M»tinn«lly fftWKiilyl hy \ATSH Already produced many Fully sccredited by SACS RankedinTbp2sßusineM m Singapore. HRII
      236 words
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      35 5 •Tung Centre •Parkway Parade •A-Z Building •Paya Lebar Road For details, please contact owner: Tel: 437 6853 437 6872 534 3132 mam KfMliliiroßißinm^^^fflßß^B UIVLF jz ■Si 111! ri *****1W I I WJI I ■TTfT^W^ MS
      35 words
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  • MARKETS IN TURMOIL
    • Article
      Lock icon Tokyo gives nod for 4.7t additional budget
      268 6 Bloomberg [TOKYOI Japan's cabinet approved a 4.65 trillion yen (5556.6 billion) supplementary budget for the year through March 1999 to pay for a government plan announced last month to rev up the economy. "The economic stimulus package will push up economic growth by
      Bloomberg  -  268 words
    • Article, Illustration
      Lock icon Moody's downgrades 19 debt-laden Korean banks
      582 6  -  Mm caiums Korean stock index to ghmge 3J>% as investors dump stocks From Jennifer Veale m Seoul FEARS of a banking crisis in South Korea escalated yesterday as Moody's ratings agency downgraded 19 debt-heavy commercial banks, triggering a 3.5 per cent dive in the
      REUTERS; Source: Bloomberg  -  582 words
    • Article
      Lock icon Painful sacrifices needed to carry out reforms: Suharto
      337 6 a-usraanr Twdmn president waraithitAiu crisis cenld spread Reuters [CAIRO] Indonesian President Suharto said yesterday his country needed to make "painful sacrifices" to carry out reforms designed to repair its battered economy. He also warned leaders from developing countries meeting here for the
      Reuters  -  337 words
    • Article
      Fd rather live in poverty than seek IMF help: Dr M
      182 6 [CAIRO] Malaysian Prime Minister Mahathir Mohamad has said he would rather live in poverty than go cap in hand to the International Monetary Fund. He also criticised international currency speculators. "Several parties advised us to call for the help
      182 words
    • Article
      Lock icon Ginandjar expects private debt deal as soon as July
      394 6 But second round of talks in Tokyo ends without timetable Bloomberg [TOKYO] Indonesia's top economic official said an agreement with international creditors on a schedule to repay the US$BO billion (*****.4 billion) owed by the nation's companies could be reached as
      Bloomberg  -  394 words
    • Article
      Lock icon M'sia to give US$250m loan to Indonesia
      176 6 AFP (KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad yesterday announced a US$25O million (Ss4o2 million) loan to Indonesia in addition to the US$l billion already pledged, Bernama news agency reported. It said Dr Mahathir made the announcement In Cairo where ha is attending
      AFP  -  176 words
    • Article
      Lock icon KL ready to run budget deficit to keep up social spending: Anwar
      342 6 He says pvt will net cot spending just te protect surpluses Reuters [KUALA LUMPURI The Malaysian government said yesterday that it was prepared to run a budget deficit to keep up social spending and the economy was not
      Reuters  -  342 words
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      662 6 jHll hong fok corporation limited Vpp NOTICE OF ANNUAL GENERAL MEEIMG NOTICE IS HEREBY GIVEN THAT the Thirtieth Annual General Meeting of HONG FOK CORPORATION LIMITED will be held at the Company's Registered Office at 300 Beach Road #41-00 The Concourse, Singapore *****5 on 28 May 1998 at 11.00 a.m.
      662 words
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      9 6 GlO eapaoU pick-up in US, Europe growth, Pg 11
      9 words
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      46 6 CORUNJ I ADMIRAL'S CUP "MAREES" I THE SPIRIT OF THE SEA I \V.' I .1 1 w*r I J [\/m SUISSE Offidal general agent Lurtmc Singapore Pie Lid Boutique: 991 Orchard Road. #02-ltt Ngee Ann Qtf, Tfckaahimaya Shopping Centre Singapore *****2 Tel: 735 7378. Internet: http://www.corum.ch
      46 words
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      41 7 No one covers the world better than Sing Tel Mobile. '> Cllillcl Korea TapanJnflialJSA f "ft Jte fev... |jj, "iv.... ,i- 1 -r 4 i IfiFf?MOF '&y •>.'. i t vir m::m '**> V---.* 70 countries, 700 major cities and over 130 network operators.
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  • CHINA-HOMGKONG-TAIWAN
    • Article
      Lock icon China names top officials to audit state companies
      345 8 BEIJING They will supervise accounts, appraise the performance of ctmptiny Reuters, AFX-Asia CHINA has appointed 17 senior government officials, including the former head of the stock market watchdog, as auditors to scrutinise the financial books of stateowned enterprises, the People's Daily said
      Reuters,; AFX-Asia  -  345 words
    • Article
      Lock icon China's Jan-March industrial output grows 7.9%
      268 8 BEIJING Sliwar fignreinete restructuring, production fitbick AFP CHINA'S industrial production grew 7.9 per cent from a year earlier to 608.7 billion yuan (*****.3 billion) in the three months to March, the state statistics bureau said yesterday. That compared with growth of 11.4 per cent
      AFP  -  268 words
    • Article
      Lock icon Beijing told of dangers of rising jobless rate
      238 8 BEIJING AFP CHINA'S population will not accept a continually mounting unemployment rate, a top government researcher here has warned. Mo Rong, a researcher for the Ministry of Labour and Social Security, said the masses could bear a "real" unemployment rate of 8
      AFP  -  238 words
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      253 8 Show Up At The Region's Most r *< v < 3*•" Established Building Event I£SIBEX'9B The 16th Southeast Asian International Building and Construction Exposition A AIHEX 98 i|HP The 4th Asian International Hardware Exposition @JUDEX'9B The 3rd Asian International Interior Design Exposition 9 SURFACES ASIA 98 JUX J The Ist
      253 words
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      Page 8 Advertisements Column 2
      690 8 LEICA MICROSYSTEMS (SEA) PTE LTD NEWSPAPER NOTICE NOTICE IS HEREBY GIVEN pursuant to Section 78(10)<h) of I* Companies Act, Chapter 50 of Singapore (the 'Companies Act"), that at an Extraordinary General Meeting of Leica Microsystems (SEA) Pte Ltd (the "Company-) deemed to have been Ally convened and hald on Blh
      690 words
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      Page 8 Advertisements Column 3
      20 8 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another TUT Classified Service
      20 words
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  • ASIA
    • Article
      Lock icon Asian crisis takes deeper bite of Australian tourism than feared
      474 9 SYDNEY Tonrist arrivals in Q1 down 100,000 against expected fall of 204,000 for year AFP A SLUMP in arrivals of tourists and overseas students shows the Asian economic crisis is biting into vulnerable sectors of Australia's economy more deeply than
      AFP  -  474 words
    • Article
      Lock icon Japanese group to explore S Korean business prospects
      227 9 SEOUL Delegation will also meet president, foreign minister Reuters A 105-MEMBER Japanese business delegation is scheduled to arrive in South Korea today for a five-day visit to look at investment prospects, the commerce ministry said yesterday. The ministry said in a statement
      Reuters  -  227 words
    • Article, Illustration
      Lock icon Taking earth's interest to heart
      78 9 [TOKYO] Businessmen inspecting bicycles unveiled by the Japan Bicycle Association (JBA) under its first unified brand. Hearth, named from heart and earth, at a Tokyo hotel yesterday. JBA, which consists of 36 Japanese bicycle makers, developed the Hearth series to promote bicycles which do not
      AFP  -  78 words
    • Article
      Lock icon Korean crisis spells refugees for Japan
      201 9 TOKYO AFP UP to 2.7 million refugees could flee to Japan if there was a Korean peninsula crisis, with some 270,000 expected straight after any outbreak, a news report said yesterday. The Tokyo Shimbun, citing a defence agency report, said the number of Korean
      AFP  -  201 words
    • Article
      Lock icon S Korean bosses want right to axe 33% of staff
      267 9 SEOUL AFP SOUTH Korean business owners challenged the government's labour policy yesterday, demanding mass layoffs be allowed immediately to help their restructuring efforts. The Korea Employers Association (KEA) also expressed concern over union militancy, complaining government pressure to minimise layoffs
      AFP  -  267 words
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      532 9 m KM! Manag? 'IMf? t4nomff tTOK)n"menr It HOW TO AHAUfSE AMD IWraHtCT FINANCIAL STAIIMEffIS May 19 The highly practical course will provide an understanding of key financial and related information. It deals with fundamental concepts in a bear, concise and Cp*. oflfl understandable way, to provide simple financial tools to
      532 words
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      Page 9 Advertisements Column 2
      583 9 SINGAPORE* ■pr#perty| -guide! Over 1,000 Property Listings I With Full Colour Photos. FOR SALEH I all ouer p« 1J A'XXll I Singapore I |H Trying to write an Accounting software in-house P At BSS we listen and incorporate your needs immediately. WECUSTOMIZE qideaH rht' Most Complete k< ounring Softu-are 1
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  • REGION/WORLD
    • Article, Illustration
      Lock icon India conducts 3 underground nuclear tests
      372 10 NEWDELHI Pakistan condemns move; US might impose sweeping sanctions AFP, Reuters INDIA successfully conducted three underground nuclear tests yesterday, defying international opinion, Hindu nationalist Prime Minister Atal Behari Vajpayee announced in New Delhi. A terse prime minister told a hurriedly convened press conference at
      AFP,; Reuters  -  372 words
    • Article
      Lock icon Sumitomo settles dispute
      100 10 NEW YORK AFX-Asia SUMITOMO Corp said it has reached agreement with US and UK regulators in connection with the unauthorised copper trades of former employee Yasuo Hamanaka. It said in a statement, without admitting or denying the allegations stemming from the copper trading incident, that it has
      AFX-Asia  -  100 words
    • Article
      Lock icon Stock markets pushed too high: Camdessus
      127 10 U PARIS AFP, Reuter IMF managing director Michel Camdessus said yesterday that stock markets have been pushed too high by an inflow of capital following the Asian crisis, and urged authorities to be vigilant in monitoring the situation. The markets have been "pushed a
      AFP,; Reuter  -  127 words
    • Article
      Lock icon Russia plans to cut budget spending by US$11b
      242 10 KIEV Reuters RUSSIA, seeking to put economic reform back on course after being bufTeted by the storms of financial crisis, said it planned to slash budget spending by US$ll billion (5517.8 billion) this year and axe some 200,000 state sector jobs. First
      Reuters  -  242 words
  • Page 10 Advertisements
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      1272 10 The best For fine Cantonese food with extraordinary value, Hua Yuen is where you should meet! Only the Hua Yuen Chinese Restaurant offers superior Cantonese cuisine in a comfortable and relaxing setting that is ideal for discussing business. Lovingly prepared by our Hong Kong Master Chef Li Chak and his
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      Page 10 Advertisements Column 2
      38 10 Zaobao &j'E7i7C \j I! I 74Q0R77 1 I rap] y iUrg f "wfcwf FREE! If you have found something, you can advertise forin Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. [CATA Another Classified Service
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      Page 10 Advertisements Column 3
      230 10 BOSIHESS Notices NOTICE IS HEREBY GIVEN that, I Daniel E. Flores of 15 Amber Road #10-01 Seaview Point Singapore *****5, have applied for a Wholesale Beer Shop Licence in respect of M/s Brewerkz Singapore Pte Ltd located at 30 Merchant Road #01-05/06 Riverside Point Singapore *****2, and that this application
      230 words
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  • THE WORLD
    • Article
      UK funds bearish about Asian equities: poll
      453 11  -  Fund managers are most pessimistic about Japan; China seen devaluing yuan From Neil Behrmann in London BRITISH fund managers are extremely pessimistic about the prospects for Asian equities, according to a survey conducted by Gallup on behalf of Merrill Lynch. The poll, carried
      453 words
    • Article, Illustration
      Lock icon G10 sees US growth powering ahead, Europe picking up
      398 11 BASLE Growth could start in Japan later this year, they say Reuters ECONOMIC growth is powering ahead in the US, picking up momentum in Europe and could start in Japan later this year, central bankers from leading industrialised countries agreed yesterday.
      Reuters  -  398 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Give Jakarta's bankruptcy law a chance
      673 12  -  THE BOTTOM LDVE OPINION By Benny S Tabalujan The writer is a senior lecturer in business law at the Nanyang Business School, Singapore. He is the author of Indonesian Company Law: A Translation Commentary (1997) THE Indonesian ministry of justice has released a draft
      673 words
    • Article
      IN OTHER WORDS
      102 12 There's only one problem. Bob has to find me a smoking office in Auburn Hills.' Jaergen Schrempp Daimler-Benz chief executive, who smokes cigars and cigarettes, after the German carmaker agreed to buy Auburn Hills, Michigan-based Chrysler Corp for about USS43 billion (5569.5 billion) in stock and assumed
      102 words
    • Article
      More platitudes on Asia ?
      660 12 More platitudes on Asia EDITORIAL THE G-8 summit in Birmingham this weekend is unlikely to produce anything other than the usual stream of platitudes on Asia Political leaders will declare "solidarity" with the region in its time of crisis while lecturing countries on how to reform their financial, economic and
      660 words
    • Article, Illustration
      Lock icon US to turn up neat on Japan at G-8 summit
      893 12  -  It worries recession and political paralysis in Japan will be disastrous for the global economy By Leon Hadar The writer is BT's Washington correspondent UNITED States President Bill Clinton is planning to turn the economic crisis in Japan into the
      FILE PHOTO  -  893 words
    • Article
      WHAT THE OTHERS SAY
      854 12 Copping It tn Mew Tork ANOTHER day, another atrocity in New York City. This time the gun-waving storm troopers from the police department smashed in the door and invaded the apartment of a quiet and law-abiding family in the Crown Heights section of Brooklyn. The cops,
      854 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      28 12 DOOHiSSBPRT By Garry Trudeau f fyiKBS!/SNT\ftMU5G?\ PURJN6W COMMUNE- Ws > UJeil,TH£#£ > WUM...IT I I THAT COUP. TO IT PAY5.7W5HJA5 ON£ W/ Iff IN PONP J 1 J > OFMYFAWR/T5 j
      28 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      369 13 Buy It. Sell It. Find It. Classified. CATS. I Call Today For Results Tomorrow. ISOO-*****66 Where to wine, dine and entertain... CreditPeriod^up to6odays, HHpiiii An All-You-Can-Lat.. cporrWge T)lnt|er <£ujjet Help yourself to mof&han 30 sumptuous dishes... to *i> vwf/i ueamina hot yam rt, e or pUim nee. Friday to Sunday
      369 words
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      Page 13 Advertisements Column 2
      110 13 [T M Enjoy j j A STYUSH LUNCH AT j TOP OF THE 'M' i REVOLVING RESTAURANT i WITH 25% SAVINGS I j THIS MAY! j Call 831-6258/6288 (between 3pm-6pm) j for your reservations. <8? OBSBWTON Jfjh lounge jsss J3L Mandarin Singapore 333 Orchard Road, Singapore *****7 Tel: 737 4411
      110 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      755 13 TV&RAPIO m Movie Oklahoma! 1100 The Vampire Returns. ——I^—— (See Our Choice). 12.00 MN Entertainment mm jwi 240 PM TV Innovations. 4.00 News 5 Today Followed News Express. 4.00 Kidz Blitz: Classic by Afternoon At The 1240 AM Orange Road. M". Speed Racer. Movies (Con't). 115 City Spy. *V* V
      755 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      169 13 CRYPTIC CROSSWORD tips topsy-turvy (4,4,5) 9 State where soldiers lead ""^l"" 10 Whoever hid my weeder? 12 Ban moral slippage as devito behave when drinking? 25 Letter—o? (8) 26 Elderly in damage from 6 Courage disintegrating? YESTORDAY'S SOLUTION freeze (4,2) Very sad (5-8) Imlalj lolrl rTsTsIUTe^WoMcI 27 Brace oneself to
      169 words
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  • EXECUTIVE LIFESTTLE
    • Article, Illustration
      Lock icon Further pressures on social clubs
      521 14  -  It doesn't look promising for membership prices as more clubs sprout up, says yen srbemxvasam VEN SREENIVASAN THE membership prices of social and recreational clubs last month recorded their smallest decline since December 1997. But that did not prevent the asking prices of several leading
      Compiled by BT; FILE PHOTO  -  521 words
    • Article, Illustration
      Spontaneous performance
      331 14  -  CONCERT REVIEW Benjamin Loh SPONTANEITY and a natural ease of expression were the hallmarks of Chinese violinist Mira Wang Zheng Rong's performance of Samuel Barber's Violin Concerto. Op 14 last Friday evening with the Singapore Symphony Orchestra. A prize-winner in several prestigious international violin competitions, including the Geneva
      331 words
    • Article
      Lock icon Sein-board for consumer spending
      285 14 TELEVISION NYT I [NEW YORK] According to! conventional wisdom, Stin-f feld, which will present its fl-* nal episode in the US on&Thursday, has been the first sitcom about nothing. But in retrospect, a case could be made that Seinfeld has indeed been about something con- i
      NYT  -  285 words
  • Page 14 Advertisements
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      1003 14 Q DBS LAND 'jpHHHHHHHHHHHHHHHHHHH USsl2om Floating Rate Notes due 2001 I In accordance with the provisions of the 9 N W T I W I Notes, notice is hereby given that for the 1 Interest Period from 12 May 98 (inclusive) 1 AA INDUSTRIAL AND COMMERCIAL to 12 Aug 98
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      Page 14 Advertisements Column 2
      175 14 yr -JH 1... i itfyrirr Tt ion o'; i- itigj arm,/iia) now, n*t rtr.r IfJt• l ft edition Mandarin Annivcraaiy Wind ;V at any of our Fficß During May, enjoy a stylish lunch at Top of the 'M' Revolving Restaurant with 25% savings! 4 And take advantage of thf Jf*"
      175 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Rolls Royce, BAe spurt on hopes for SIA Airbus deal
      386 15  -  Report says Airbus has beaten Boeing to bagUSssb order for 40 aircraft From. Neil Behrmann in London ROLLS Royce and British Aerospace (BAe) shares surged yesterday on expectations that Airbus Industrie, the European aircraft consortium would land a huge aircraft
      Source: Bloomberg  -  386 words
    • Article
      Lock icon Southern Steel sees pressure on profits
      139 15 Reuters [KUALA LUMPUR] Malaysia's Southern Steel Bhd said it expects to make a profit this year but that the regional economic crisis will make it difficult to match last year's results. In its 1997 annual report, Southern Steel said that the group expected to
      Reuters  -  139 words
    • Article
      AAPT shares slide 8% after profit forecast slashed
      429 15  -  It expects 6-month gain at As7m against forecast of As2om From Russell Baker in Sydney SHARES in the Australian associate of Singapore Telecom, AAPT Ltd plunged yesterday after the telecoms carrier revealed that its profit in the second half for the year
      429 words
    • Article
      Proton faces long, rough road out of the woods
      712 15  -  HOCK LOCK SIEW Ven Sreenivasan IF ALL else fails, try air-drop-ping a Proton Wira somewhere in the North Pole. Such was the cynicism of some Kuala Lumpur-based analysts to the publicity stunt by Malaysia's national carmaker, Perusahaan Otomobil Nasional Bhd (Proton),
      712 words
    • Article
      Funds still bearish on Asian equity
      626 15  -  Region's risk premium as high as even fond managers By' Wong Wei Kong [SINGAPORE] Fund managers remained bearish on Asian equity markets despite a rebound in the latter half of the first quarter which lifted stocks off their January lows. They cited social unrest
      626 words
    • Article
      Lock icon Perwira Affin Bank pre-tax falls 17%
      266 15 Bernama [KUALA LUMPUR] Perwira Affin Bank (PAB) posted pretax profits of 250 million Malaysian ringgit (*****.6 million) for 1997, down 17 per cent from RM3OI million in 1996. Perwira on Saturday attributed the lower profits to the net increase in provisions for bad and
      Bernama  -  266 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Cable & Wireless unit in the red
        267 16 Cable Wireless unit in the red Foil-year lou of £49m expected after reorganisation coats Bloomberg [LONDON] Cable Wireless Communications pic, a UK cable company owned 52.9 per cent by Cable Wireless pic, said It had a full-year loss as expected of £49 million (*****.7 million) after reorganisation costs. CWC, created
        Bloomberg  -  267 words
      • Article
        Lock icon Oil firm Baker Hughes in US$6.2b acquisition deal
        415 16 Bid for Western Atlas may trigger coanter offer from rival Halliburton Bloomberg [HOUSTON] Baker Hughes Inc, an oilfield-services company, agreed to buy Western Atlas Inc for U588.2 billion (Sslo billion) in stock and assumed debt, a bid to acquire Western's 011-exploratlon technology
        Bloomberg  -  415 words
      • Article, Illustration
        Lock icon Daimler may buy Nissan Diesel for US$95m: reports
        350 16 Nissan confirms talks; says nothing has been decided yet Bloomberg [TOKYO] Daimler-Benz AO may buy a controlling stake In Nissan Diesel Motor Co, Japan's fourth-largest maker of heavy trucks, for about USB9S million (*****.8 million), said Nissan Motor Co and news reports
        Bloomberg; Source:  -  350 words
      • Article
        Lock icon BMW says it won't raise bid for Rolls
        174 16 Bloomberg, AFP [MUNICH] BMW. denying a report in The Wall Street Journal Europe, said it will not raise Its bid for RollsRoyce Motor Cars to top the £430 million (Stl.l billion) bid by Volkswagen. "We do not plan to make any further
        Bloomberg,; AFP  -  174 words
      • Article
        Lock icon Seagram set to buy PolyGram, says report
        258 16 Bloombergg [AMSTERDAM] Seagram Is close to an agreement to purchase PolyGram, the world's largest recorded-muslc company, for between US$9 billion (5514.5 billion) and US$lO billion (Ssl6 billion), The Wall Street Journal Europe quoted people familiar with the situation as saying. PolyGram shares rose
        Bloombergg  -  258 words
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        Lock icon Jefferson Smurfit to buy Stone for US$6b
        186 16 Reuters [CLAYTON, Missouri] Jefferson Smurfit Corp has agreed to buy Stone Container Corp for U556.37 billion (5510.3 billion) in stock and debt to form the world's largest paper packaging company by absorbing the biggest maker of cardboard boxes. Each Stone Container share will
        Reuters  -  186 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Indon commodity futures exchange opens next year
        414 17 Traders want to hedge commodities against rupiah fluctuations Reuters [JAKARTA] Indonesia is set to launch an electronic commodity futures exchange next year, and traders battered by the country's worst economic crisis in decades say it cannot happen soon enough. While the rupiah remains
        Reuters  -  414 words
      • Article
        Lock icon Credit Suisse private banking arm to expand in key nations
        139 17 Bloomberg [ZURICH] Credit Suisse Group's private banking division plans to expand in "key countries", including Germany, Italy, Spain and East Asia, division head Oswald Gruebel told Tages-Anzeiger newspaper in an interview. Commenting on CS Group's decision last month to close
        Bloomberg  -  139 words
      • Article
        Lock icon Hongkong's gross unit trust sales up 46.2%
        216 17 Investors see worst of Asian crisis as oven association AFP [HONGKONG] Hongkong's gross unit trust sales in March rose sharply month on month in March with investors taking the view that the worst of the Asian financial crisis was over, officials said yesterday.
        AFP  -  216 words
      • Article
        Lock icon Euroyen steady, JGBs slip in thin trade
        173 17 HIMK JL Report Reuters (SINGAPORE) Simex Euroyen futures were steady while Japanese government bond (JGB) futures drifted lower in holiday-thinned trade yesterday. Dealers said the Vesak Day holiday in Singapore and a lack of major new leads out of Japan kept the credit
        Reuters  -  173 words
      • Article
        Futures surge on back of Wall Street gains
        179 17  -  MSC3 TAIWAN FOTUHES Charlie Kuo Charlie Kuo, service dealer, Refco Singapore [SINGAPORE] The MSCI Taiwan Stock Index futures rose sharply yesterday on the back of huge gains in US stocks last Friday. The May contract shot up 7.3 points to 330.9 points
        179 words
      • Article
        Lock icon Oil industry emerging from gloom: IEA
        304 17 ENERGY REPORT AFP [PARIS] The International Energy Agency (lAE) said yesterday that the oil industry was coming out of its gloom but an influential industry watchdog said Opec producers had not fulfilled a pledge to cut output by more than 4 per cent. The
        AFP  -  304 words
      • Article
        Lock icon CURRENCY REPORT
        292 17 AFX-Asia AFP London STERLING eased from its highs of the day in late trade yesterday but remained trapped in a range in the face of the modest strength of the US dollar and the mark, dealers said. Rob Hayward of Bank of America noted that sterling, while down
        AFX-Asia; AFP  -  292 words
      • Article, Illustration
        Untitled
        1120 17 IMTHRRAMR CROSS RATES Mays A$ C$ «■> ECO FTr Dw HKS hXfalhUfc Xm Wmi «M iSKli N» S» —0 Iff IIB •*>!■< W» Australia 0.916 4T78 0572 1780 1127 4.935 ***** 60.182 0048 8.925 2.452 L173 28.123 ***** 1029 129 0-936 ***** ***** OJM (U36 Cauda 1095 1781 0625 4127
        1,120 words
    • Article
      COMMODITY PRICES
      1132 18 MOOMrPTUB— May8 >; a JS 25 13 SS A* 91 123.50 2515 SZn S3 J3 -134.00 WO S/JM99 137.80 HO tsssmmucT<usc«ti/kf) mm op* MMtt im u» tftt ttowwa mtmi P 55 MM TWO 2045 AM M T150 1755 Stttt 7100 *70 Od/Dtc 91 79.50 5190 J«l/Ilar 99 12.25
      1,132 words
    • Article
      WORLD STOCK MARKETS
      1823 18 MHMmi turn N«t« *h II Or mi# 544.000 *1.000 A* Port! J7T.OOO 1.000 A0*ay Notional ms.ooo 2.000 Alliod Damac# 424.000 -4.000 Amac 1 #4,000 -1.000 Aid* Orou# 1*1.400 4.000 ■AT I n# 1*7.000 14-*00 •one 12( 200 3.000 •ICC 175.000 -2.000 90C6rou# «71.000 -».400 9ft »*«romm *92.000
      1,823 words
    • Article
      Lock icon TOKYO
      1411 18 Bloomberg □mkwaae ♦m>o JAPANESE stocks rose, led by automakers on reports Nissan Motor Co may sell a controlling stake In Nissan Diesel Motor Co to Daim-ler-Benz AO. "The Nissan news Is obviously positive for the market," said Stephen Bronte, managing partner at Stephen Bronte Partners, a Japanese hedge fund
      Bloomberg  -  1,411 words
    • Article, Illustration
      Lock icon HONGKONG
      1528 19 Reuters Fl Han* Seng ♦3&JI HONGKONG stocks closed with modest gains yesterday after oversold utility stocks led an afternoon rise and higher Japanese share prices aided sentiment. The Hang Seng Index rose 35.99 points, or 0.36 per cent, to 10,096.37 after a volatile session which saw the index touch
      Reuters  -  1,528 words
    • Article, Illustration
      Lock icon CHINA
      640 19 Reuters n Shenzhen B Index -OJ2 CHINA'S hard currency B shares closed down yesterday as both foreign and domestic institutions sold amid weak sentiment, brokers said. "The ongoing financial crisis in Asia and poor 1997 B share company results have badly hurt investor confidence." said a broker at a
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  640 words
    • Article
      Lock icon TAIPEI
      378 19 AFP PWP Index +HBJ4 TAIWAN share prices rose 2 per cent yesterday in a technical rebound backed by a stronger weekend close on Wall Street, dealers said. "The rise was simply a technical rebound after continued losses," said Jerry Cheng of Yuanta Capital Management Co. "Selling pressure on prof-it-taking
      AFP  -  378 words
    • Article
      Lock icon SEOUL
      414 19 AFP Q Composite ladei -1318 SEOUL share prices closed 3.5 per cent lower yesterday on the news that US ratings agency Moody's Investors Service had lowered ratings for the state-run Korea Development Bank and 18 other banks, dealers said. "The market was weak from the morning for other reasons,
      AFP  -  414 words
    • Article
      Lock icon SYDNEY
      588 19 AFP HAD Ordinaries *174 AUSTRALIAN share prices gained 0.6 per cent in light turnover led by a Wall Street rise on Friday night, brokers said. The Australian Stock Exchange's main indicator, the All Ordinaries Index, rose 17.1 points to 2,797.6. National turnover totalled 258.52 million shares worth A 5742.76
      AFP  -  588 words
    • Article
      Lock icon WELLINGTON
      264 19 AFP ffWrilinflton *16.06 NEW Zealand stocks were up 0.7 per cent yesterday on light turnover worth NZ$9O million with forestry scrips and Telecom Corp forging ahead. The NZSE-40 Index rose 16.05 points to 2,245.74 with timber and pulp and paper company Carter Holt Harvey Ltd up six cents to
      AFP  -  264 words
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      199 15 THE ADDRESS THAT HAKES MORE BUSINESS SENSE you are WM your jp§j image, we have the perfect > r^T? setting for you. Centrally 1 J 1 1 J l I I l| 1 1 j J |f IM i, if V located in the heart of 11 11 u 11
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      1002 16 0 SEMBAWANG CORPORATION LIMITED (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE 18 HEREBY GIVEN that the Twenty-Ninth Annual General Meeting of the Company will be held at the Company's Registered Office at 391 A Orchard Road, #18-00 Ngee Ann City Tower A, Singapore *****3 on
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      158 16 HERBAL CHICKEN mS fM Crust Herbal J J 5 5 Chicken Order a Fortune Herbal Chicken Menu win a prize hidden in the salt Prizes include Whale Suckling > 3 Pig, Pipa Duck, $50 Din Sum Voucher or Bottle of Wine. Unleash the fragrant aroma and taste the wholesome goodness
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      544 17 THE COMPANIES ACT CHAPTER Mf SECTION 290<2Kb) MM Of RESOLUTION JSuaBJT TICK LEE METAL WORKS PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Yick Lee Metal Works Private Limited held at 30 Seatoun Heights Road, Wellington. New Zealand on the 4th day of May 1998. the
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      255 17 BUSINESS xohws IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF TREASL'REINVEST PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE is hereby given (Jut the FINAL MEETING of the aforenamed company will be held at 9 Battery Road #13-10, Straits Trading Building,
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      461 17 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF BRASA OF PANAMA INVESTMENTS PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE hereby given that the FINAL MEETING of the atovrnamnl company wM be held at 9 Battery Road #13-10, Straits Trading Buildjag,
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      509 17 M THE MATTER Of THE COMPANIES ACT. CAP. BO GATE-LITE REGIONAL (S> PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of GATE-LITE REGIONAL (S) PTE LTD duly convened and held at Blk 6001 Bedok Industrial Park C *03-2282, Singapore *****0 on the 8 day of
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      6 17 H^eAic/es/ The Straits Times Classifications 302-394
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      69 19 Buy It. Sell It. Find It. Classified. Sk Call Today For Results Tomorrow. 1800-737-1166 Hie stock markets in Thailand, Indonesia and the Philippines were closed yesterday mp"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,
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      141 19 u* \tr~M f **110. PtRTZCV *2 Mfttd* 13 "wh^P ir« «»o 1 I Of I blj Kg H3 v< he. mm drive you <' ;^PCPw^Pk^3 X j '"SnWPfiKs ICI9««I 2*7, M SftT PlAlf 'It 1 Jfc *itfC«>€» I i I c*r.er CoA»en If you are looking for a set of
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      628 20 l i n 1 st r y of defence dbs bank ych transp r nt e r national Cs) pte ltd superskill graph COKf WTII o u i w iM'Jfl BOARD On the TV screen that is. Which is what evenue authority of Singapore era realty n v ltd Asia
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      293 21 Bridge News, Reuters THERE has been some increased activity in the east although this has made very little difference to rates, brokers said. Trading in the Atlantic was limited, although there was limited evidence of increased business. A market down, but confused, Clarkson Securities Ltd said in its
      Bridge News,; Reuters  -  293 words
    • Article
      MARITIME STOCKS
      295 21 wmw^amsam Mf» n v- CWT Attribution 0.73 -001 2 Chuan Hup 0.445 uncfi Tl Coaco Investment 0.75 -0.03 12 FrrtgMUnksI 0.30 *0.01 67 eetfcMlngs 0.31 Hat Sun Hup 0.53 *0.01 34 HR*cMZM«n 0.675 -0.009 71 IMC HaMnga HK 5.60 Jeya Moldings 0.455 unch 3 Jgrong Shipyard 7.55 *0.15
      295 words
    • Article, Illustration
      Number of pirate attacks reported down by half
      452 21  -  Bat maritime bureau expects to receive more reports of attacks for Ist qtr By\ Rahita Elias [SINGAPORE] The number of reported pirate attacks worldwide appears to have halved in the first quarter of this year, but do not bring out the champagne
      452 words
    • Article
      China developing inland shipping
      522 21  -  From P T Bangsberg in Manila WHILE most attention focuses on China's huge international shipping sector, authorities in the country are making strenuous efforts to revive and expand inland water transport. China has 310 companies engaged in international shipping, over 1,300 in coastal shipment and 5,100
      522 words
    • Article
      Lock icon Austal wins Customs contract
      106 21 Reuters [CANBERRA] Western Aus-tralian-based Austal Ships Pty Ltd has been awarded a A 558.4 million (5560.1 million) government contract to build and maintain a new fleet of Customs patrol boats, Customs Minister Warren Truss said yesterday. The eight 35-metre "Bay Class" boats would be supplied to
      Reuters  -  106 words
    • Article
      Lock icon Dockers warn P&O against plan to shed jobs
      355 21 AUSTRALIAN DOCK TURMOIL Maritime union ready to take action against firm, as in case of Patrick Reuters [SYDNEY] The threat of a new waterfront dispute in Australia between stevedore P&O Australia and dockers flared yesterday, with the maritime union warning the company
      Reuters  -  355 words
    • Article
      Lock icon Kvaeraer sees Asia crisis slashing profit at Floroe yard
      450 21 Bloomberg [FLOROE, Norway] Kvaerner Floroe, a shipyard owned by Anglo-Norwegian Kvaerner ASA, said it needs to win orders of up to 1 billion kroner (SsBl2 million) in the months ahead to keep Asia's economic slowdown from wiping out profit. A slump
      Bloomberg  -  450 words
    • Article, Illustration
      Lock icon Cloud over UK-America route
      1008 22 AIRFREIGHT Increased capacity and a strong sterling has slowed the UK market casting a pall over the summer charter season Reuters THE cloud of the charter season is hanging over the ex-UK to North American air cargo market which so far has been the most robust
      Reuters  -  1,008 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      259 22 PAGE Djafc Lloyd 9 ACL 9 Dongnama 3 AMI 3 ECl 5 Accord 8 6 5 Eurohans 6 Astro 3 lm 6 Austral 9 foooflSur 8 7 GUnk 4 i Gemartrans 8 MIdmlnOO I a G nsh W 9 8 WS*N» 8 tang
      259 words
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      SHIPPING GUIDE
      23526 30 THEBUSINESSTIMES thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage T on SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 16/05 04/06 CMA MED TAICHUNG 228W 65-*****22 A 16/05 06/06 Ouadrant MEO TAICHUNG 228W 65-*****44 T„ ABin IAU A R
      23,526 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        574 35 Vessel Voy No Btrth Arrival Dtparturt Jmiat Nrt Bmtan Baru *****8 J02 alongside 1105/2300 Bt C S«ntou *****8 J01 alongside 11.05/1800 Bt Hindi Jay *****8 J01 alongside 11.05/2300 Ertfisegrace IT J" alongside 11.05/2300 19 J22 alongside 11.05/1900 K|nQjn7 I JK) alongside 20.05/1000 Scan Patera ***** JIT alongside 12.05/2359
        574 words
      • Article
        CONTAINER SCHEDULES
        1848 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Bookinq/Balanc* Rstls Ship Voy Mo Etb/Btr Period From To From Ul s.an Utl M/0700 U n/HOO n/*s* IVBOO II n/isoo vw* ivnoo u nmoo an*» kahoc 21 tl/1700 12/0*59 U/MOO J 12/0700 12/1159 U/MOO 4 12/1200 12/M59 12/1700 (MM M/0700
        1,848 words
      • Article
        GLOBAL HOLIDAYS
        195 35 May 18 Canada: Victoria Day. May 21 Austria: Ascention Day. Belgium: Ascention Day. Denmark: Ascention Day. Finland: Ascention Day. France: Ascention Day. Germany: Ascention Day. Indonesia: Ascention Day. Luxembourg: Ascention Day. Netherlands: Ascention Day. Norway: Ascention Day. Sweden: Ascention Day. Switzerland: Ascention Day. May 29 Hong Kong.Tuen Ng
        195 words
      • Article
        COCKETT BUNKER MARKET REPORT
        951 35 THIS report compiled by Cockett Marine OU Ltd show* price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-sued stem Market movements are indicated The Cockett Bunker Price Index change and the individual
        951 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        331 35 100 MM 992.2 0.9 18.0 0.11 123 0.06 Ay 30 OowWy M»*» Art ANm.1,*,,. *5 Q 3 o 0 .03 e ,l2 3»0 MM 992.9 2.0 19.6 0.16 72 0.06 v/V %H/M •rtixrt No tboM G35 _4 1 zg 2 SL i inuti So« E25 991
        331 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon US govt grounds older B737s for checks on fuel-tank wiring
        655 36 Order affects 15% of 737s in US, causing travel disruptions to 100,000 passengers Los Angeles Times Bloomberg [WASHINGTON] Reacting to new evidence of unsafe wiring in the fuel tanks of the world's most popular airplane, the US government grounded older
        Los Angeles Times; Bloomberg  -  655 words
      • Article, Illustration
        Lock icon 17 killed in Bangladesh train crash
        177 36 AFP [DHAKA] At least 17 people were killed and 26 injured when a passenger train crashed into a stationary goods train in Bangladesh's eastern district of Comilla on Sunday, officials said. A spokesman for state-run Bangladesh Railways said five bodies had been recovered and
        AFP; REUTERS  -  177 words
      • Article
        SIA, major Japanese airlines not affected
        199 36  -  Byl Marcus Hand [SINGAPORE] Singapore Airlines and Japan's major airlines have no Boeing 737 planes and are therefore unlikely to be impacted by the US Federal Aviation Administration's emergency order for inspections of fuel tank wiring in older models of the planes. On Sunday,
        199 words
      • Article, Illustration
        Lock icon Daimler to decide on luxury car soon
        183 36 Reuters [FRANKFURT] Daimler-Benz chief executive Juergen Schrempp said that the carmaker would decide in coming weeks on its plans to build a super luxury car, the Maybach, which would compete primarily against RollsRoyce. "When we see just how much is paid for the
        Reuters  -  183 words
      • Article, Illustration
        Lock icon Green cars put to the test
        46 36 [NEW YORK] A battery-powered Porsche spyder replica is displayed before the start of the "Tour de Sol" rally. The road rally is a test of the latest alternative fuel cars and will run from New York to Washington DC. REUTERS
        REUTERS  -  46 words
      • Article
        Lock icon World Bank urged not to provide insurance cover
        235 36 AIR LANKA SALE TO EMIRATES Emirates wants cover against political risks Bridge News [COLOMBO) Sri Lanka's main opposition party urged the World Bank yesterday not to insure Emirates airline's investment in Air Lanka, escalating a campaign against the national carrier's privatisation. Opposition
        Bridge News  -  235 words
      • LOG Book
        • Article
          Lock icon Airliner overshoots runway in Cyprus
          83 36 AFP [ANKARA] A Cyprus Turkish Airlines ttfelng 727 carrying 99 passengers and crew overshot the runway on Sunday at Ercan airport in northern Cyprus and enfled up in a field, the Turkish-Cypriot news agency TAK reported. TAK did not mention any casualties in the landing
          AFP  -  83 words
        • Article
          Lock icon Virgin calls flotation report speculation
          71 36 Reuters [LONDON] Virgin Atlantic, the airline operation of British billionaire Richard Branson's Virgin Group, said yesterday reports about a possible flotation were speculation. "We are happy with the way that we are currently constituted and financed. At this moment, talk of flotation is just speculation,"
          Reuters  -  71 words
        • Article
          Lock icon Samsung Aerospace wins Boeing order
          56 36 Bloomberg [SEOUL] Samsung Aerospace Industries said it won an exclusive order from Boeing to supply US$3 million (SS4.B million) worth of aircraft frames for the 8737 jet. Park Jong Hyun, a spokesman for the company, said Samsung company will develop the components by September to
          Bloomberg  -  56 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1774 36 an fucmt no man ere Abu DWI GA97S 1035 Mwh SOW9 I7W MHO WPS MulaMa BA7381 1930 BA7382 2055 Gua«»»zhou «C $0803 1905 C2354 0910 0F81 1930 OF82 2055 6051 1048 S0229 2220 tUM4 VH741 010 VH740 1410 kmtfrim SO327 0755 HI.844 0040 W 1,25 CA975
        1,774 words
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      19 21 Cloud over UK-America air freight route Increased capacity and a strong sterling has slowed the UK market. Pag© 2
      19 words
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      Page 21 Advertisements Column 2
      501 21 MeetiMi the Challenge of 9MT the Year 2000 The conference, Meeting the Challenge of the Year 2000 In the Shipping and Transport Industry, will be N held on June 9 at the Hilton International, Singapore. The conference will set the context of the Millennium Bug and examine the challenge from
      501 words
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      Page 21 Advertisements Column 3
      170 21 US govt grounds older 8737s for checks Order affects 15% of 737s in US, causing travel disruptions. Back Page a .jj news fast SIM i \IH)RI when \oii want to reach out to a select target audience in tlu 1 transport and louistics iiulnstrv onh one daih oilers \oii the
      170 words
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      844 22 SUPER SHUTTLE Pgt»*« lOUtf PB»II iW tC WQ I yucn I VOYAGE I LGO I SM VESSEL VOY JEA MAN W Ul CIX PRO SM ooqmitam iswsi; 20/04 17/05 ptoneduoydiahram m~ u/05 is/os is/*s 22/05 24/ os */m n/os OOQ AMERICA 25WSH 22/04 OMIT"* ooa CHINA 22W515 IS/04 OMIT* PtO
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      631 22 LresSseries represented #Meters<*»» (e®g®;) by Members o< the Registry o» H J J.h Singapore Freight Forwarders Accredited Shipping Agents Association Xgt.. Singapore Snipping Association Retrieve More Information On Sailings 24-Hours-a-Day Through Our Fax-on-Demand System from The Shipping Guide To Use This Free Service, Just Call 740-6000 EXPORT 3 x Japan
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      866 23 Snipping 1 lines, luesuay, iviajr j.*, litRVKE (DIRECT) —I VOY SMEtt UU OA* o*l HOU CHI 0* gff gff *1* Zm -jjSSi £1 -HL 09/06~ mm 10/06 10/06 mum ~wT~ 27/05 n/06 is/ot js/06 W* —is/06— W» —w*— ~00l ***** ***** 22/06 23/06 22/06 JW 06 23/06 J4/06 ►ERVICE FOR
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      Page 23 Advertisements Column 2
      1355 23 HANJIN SHIPPING HAN JIN SHIPPING PTI LTD Knp //mm. hwifir an lOWINC *****35 23/ SAIfS 32*0774 231 OOCUNMT *****71 274 O«UTIOtfi *****41 752 MAIN UNt *****55 FU 277W40 CI NO **********0 M TO NW USA A CANADA SA CANADA* FW VSI/VOY |M« sT" IMI HAIA/VOY SU I Sw KN Si
      1,355 words
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      Page 23 Advertisements Column 3
      294 23 FULLY CONTAINIRIIID PIPICATIP >HVIC»f IB!'"'"' 'ffl'al'TT VESSEL W SO TK ffl SO HK6 ffl USN MS p/fK Itn/Dsl 10/cll UT( uaiwc 002S OVOS 05/05 ***** o*/P$ 10/QS 12/05 14/05 15/05 oA I 17/0S I 14/ OS IkmTC WfiAM I »ofcW 11 S/DSI 17:'05 j hyimiui OMR 004S 01/95 IS/05 17/05
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      1269 24 DSR-SENATOR UNES TO UK/CONTINENT TOREPSEA/MJEUriiatRANEANCANADA VESSEL VOT TUT" LEH Bl IW HW B» m VESSEL WT <0 _gjT_ Jg_ Hg_ TIUWMMVEST WO&2 (MSB 29 08 30 06 78 OS 2108 JIOS CHOY**G VtilO* WMBZ3 14.88 H.H 31.88 ***** 88 88.88 UJJ mJSZr SSS »B8 ":S ZZ SS 8488 m m
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      1223 24 MY LJNE YML ,nt rn t t http: //www.yml.com.tw *1*144* AW»WAL FIXED oaytuesoay VESSEL VOT LEH FXT HAM ANfl HFA SIN MING GALAXY ABI2E SLD SLD SLD SLD SLD 12/05 GIBRALTAR BRIDGE ABI3E SLD SLD SLO SLD SLD 19/05 MING GLORY ABI4E SLD SLD SLD SLD 12/05 26/05 MING MOON
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      Page 24 Advertisements Column 3
      431 24 LINE TILt 1II348« PAXi ISIIIII I MUARA ~i 1 LABUAN j vissa vor no tu vissa voy no eu sroti mum* sroti lm APMGUXT VI2I/98 16/05 19/05 AntCUXT VI2E/* U/OS 20/05 j. prosper vis to/os 23/ os l prosper vix/* 20/05 24/05 AfMGUXT VI3E/98 26/05 29/05 APttOORT VIX/* 26/04 30/05
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      1481 25 VESSEL VQY SIN PQU PKQ PEN BLW SUR DUB BA BIK IRAN VAHDAT PJL 1284 21/05 30/05 IRAN TAKHTI PJL 1285 28/05 05/05 07/05 IRAN TEYFOURI PJL 1287 05/05 15/05 15/05 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIRGISTAN, TADZHIKISTAN GEORGIA
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      Page 25 Advertisements Column 2
      1195 25 DIRECT SAILING TO SHANGHAI ft XINGANG J SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/L) *****02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD tl7-08 OISIIDG SALIS/BKGS *****41/43 INWARD DEPT (0/0) *****8S COSTAR AGENCIES (M) SDN BND CR NO: **********0*1 TOWIR TWO (*****9) CONVENTIONAL *****50/55 T/SHPWT DIPT
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      Page 25 Advertisements Column 3
      627 25 EASTERN CAR UNER, LTD.'-Zi.'sW.T ll t 1 ECL (SIWCAPORO rit lIP STsSh SPECIALIZE IN ROUP HiAVY LIFT UPTO 122 TOWS ECL (SINGAPORE) PT! HO LOADING FOR PORT KLANG/KUCHING/KOTA KINABALU LONG BEACH TACOMA/ VANCOUVER MV "SUN DANCE" V.37 MV "SUN DANCE" V.37 ETA SIN 07/05/98 ETA PKI 06/05/98 ETA SRM 07/05/98
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      1290 26 EUROPE/UK/SCAMOINAVIA/FINURP/RUSSIA ["sETI ROM ANW HBG THP ZEE LHV I LHV THP RDM ANW HBG PHI SGP E RESULT RW-019 1 7/05 05AM 10/06 06/06 08*6 09/06 10/06 li. GROUP RE-051 10/04 21AM 20/04 22/04 24AM 11/06 E DEVOTE RW 001 24/05 IZAM 17/06 13/06 15/06 16AM 17/06 E GLAMOUR RE-065
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      Page 26 Advertisements Column 2
      948 26 laAfl MAC-NELS S'POIkE M'SIA I Carrier MN CONTR LINES, INC 1~ I X~/\ J <»>07BOOOO« StBU: (084) *****9 MANILA: (832) *****24 PENANO: (04) *****36 BANGKOK: (682) *****57 SURABAYA: (31) *****0 P. KELANO: (03) *****77 JKT: (21) *****07 MON: (61) *****3 KUCHHQ (082) *****1-3 MANILA GENOA/EARCILONA/IE HARvT MV "MARTRAVELLER" V.105N MV
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      Page 26 Advertisements Column 3
      450 26 risk NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vtssa I VOY SIW I PUi I put CM I I/mT NANUI QUEEN VO27S It/05 73/185 29/05 02/04 05/04 jjjWM DRAGON V.006S 24/05 02/04 04/04 11/04 NANUIPWWCE VO22S 31/05 14/04 11/06 NANUI VENUS VO77S 08/06 17/04 21/06 25/04 21/04 GOIDEN
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      Page 27 Advertisements Column 1
      399 27 BSAI.I MYANMA FIVE STAR LINE r (Myonmor Notional Line) W Loading lor Yangon (Rangoon) vessel voy sm pkg «n pgu MERGUI 143W SU> (AGO 107W 15/05 MALAYSIA AGENTS: ICUSTtAD SHIPfIMG AGENCIES MR: TU 07-03-*****00 PKL HI 02-03-*****01 PEN: TU 02-04-*****02 PGD: m 02-07-*****21/4 BANK LINE (A servic# Andrew Wtir Shipping)
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      Page 27 Advertisements Column 2
      1215 27 lAHYUNDAI MERCHANT MARINE CO. LTD. Ivtssa VOT ISI I SOU I lEH imR I AWT 1 HAM IV Hi""] [VBSE VOY]SOU|UH|BTM|AOT|HAM|BBV|FaIBn THAMES 548W 14/05 01/06 06/06 03/06 04/06 **"fIE 75 04 11/04 /05 MOSa S2OW 15/05 05/06 06/06 31/ OS 02/06 APIAjMANPW *****0/04 25/04 27/04 23/04 14/05 NOl AGATT 006W
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      Page 27 Advertisements Column 3
      988 27 MB MB norwegon specialized outocomen QJ©S3KS ■r wmu/ves TO NORTH AND LATIN AMERia "RORO HEAYYUFT SERVICE" [VESSEL VOY RAMP HEIGHT SIN LAX CRI MIA SAV MI OIF NYC WW MM UMPIRE PBTF 400 Tmh 6JM H7of 10/06 lp 2276T 24/06 26/06 WfW 21/06 03/07 06/07 TEXAS fin 400 Tom 6.3
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      712 28 AHOKOK/LAIII CHABANQ JA K ART A/FA H JAHO VESSEL VOY SJN BKK LCH VESSEL voy s,n JKT PJN Km BHUM" 53N In Pt IS/06 DEJA BHUM 747 A In Pt 15/05 14/05 BANIBHUM 97N In Pt 10/06 15/05 MATHU BHUM 3S4SB I</05 16/05 NANTA BHUM" 393N 13/05 16/06 17/05 MATHU
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      Page 28 Advertisements Column 2
      429 28 BINTANG MAS SHIPPING PTE. LTD. 30 NEIL ROAD, SINGAPORE 0206 TEL: *****68 FAX: *****64 WSJ TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI Blntulu I I Muot Yissa VQT SIN uy VISSQ VOY SIN MUA Mot V9606E l S-14/05 21/05 MIW W6O7E 13-14/05 If/05 IStrio VftlOf 21 22/05
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      Page 28 Advertisements Column 3
      801 28 A /ICCORD A SMIPPINO PTE LTD K±K TKL ***** IS (40 Unei) FAX *****30 FOffTKLANG (03) 367 1001 B m DMECT ACCISS HI: *****55 (EXPORT tOOKING) HSU GUDAMG (07)351 13/7 *****34 (EXPORT DOC), *****39 (IMPOST) (04) *****4S URLHTTP: //WWW.ACCORD .COM.SG WUUtIA t (21)640 0770 PONY m SIN POKY ra SIN
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      Page 29 Advertisements Column 1
      415 29 INDONESIA NATIONAL LINE TO EUROPE I EXPRESS SEMI-COWTAINERtSEP SERVICE 1 VOY ITPOHE 4 D«M/W DAM HHJBG »RiMCM ANTWERP VESSEL I *SWB 22/ M 27/06 OMIT 2/7 TO AUSTRALIA ~1 FULL CONTAINER SERVICE VSI Ivor K WD MB. HS> <Dt ffli An WRY V IBS IWIM6 27« 2MB 0116 DMI I7W
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      Page 29 Advertisements Column 2
      1016 29 ADVANCE CONTAINER LINES (PTE) LTD HZ A I 140 Cecil Street #12-00, PIL Building, Singapore *****0 TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL Z CR NO. **********0E OPERATIONS: *****60 *****05 BANGKOK n JAKARTA (Weekly S Sij« PAT/2 Slgs LCH/1 Slg BUT) (S Umts/Weefc) I VOY I SM HOC Vfssa
      1,016 words
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      Page 29 Advertisements Column 3
      912 29 VESSELS VOY SW I JED MLA LEH HAM THP RTM ZEE V-LEDEVELA N2SW 11/06 2006 25*06 31/06 01/ DC 03/06 O<W MjW VILE OE OEMINA H2SW 22A» 31/06 06/06 10/06 11/06 12/06 13/06 14/06 VK-LE CyOWON YZ9N 2tt/06 04/06 08/06 14*08 18AM 17AM 18/06 19/06 Vtt-LE DE MIMOSA V26W 01
      912 words
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      Page 32 Advertisements Column 1
      47 32 r™™' ST^nDial 740.6000 Oil Q€ *****10 Ar (Retrieve more schedules!) Press "1" Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number your phone number Another innovative service offered by The document Will be Shipping times
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  • Page 35 Miscellaneous
    • Miscellaneous
      Page 35 Miscellaneous Column 1
      132 35 [Regional 10S LEGEND R Thunderstorm Temperature «> c X\ Shower Weother Wind direction with speed m knots Ram V^ Cloudy Sky Wov h «'9 M Surface winds are indicated by arrows which fly with the wind One fun circle represents calm or light and vonoble wmds J_. One half Heche
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      Page 36 Advertisements Column 1
      98 36 BUSINESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. Call 740-6000 Press "1* key in Document Code Key in fax number Enter your phone number I other Document Code y ANALOGUE mntTAL WALKIE-TALKIE H'TITAVH CHECKLIST I BSUiSdi ("71 POOfIVOtCE ["71 CRYSTAL CLEAR
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