The Business Times, 10 June 1998

Microfilm: NL21196
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    15 1 THE BUSINESS TIME MITA(P) 11(V 12/97 85c SINGAPORE^ Internet: http://www.asial .com.sg/biztimes WEDNESDAY, JUNE 10, 1998
    15 words
  • Article
    MARKET SUMMARY
    65 1 asm IOTJS Ml-36) rjiMß Im 474J0 (-0.83) nvrooHP mm M&77 (-3.33) D 555%.93) QHUXETHOODe U Mixed STOCK UiKET DOHCES Tuesday Change KLSE COMP Mk.64 -7.86 NIKKEI ltfl6il7_+236.« HANG SENG 8Jtl.M -1*17 SET INDEX _____J663S -ill JAKARTA OOMP—.411.97 *L66 MANILA COMP 49 -11 TAIPEI WPI 7,466.63 13U4 SEOUL COMP
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  • Article
    FINANCE
    79 1 FOBEX BATES U8S St US* 1-7H £(US&/S$ per 1693 17»l DM 1.777 OJtt YEN 140.4 liir RM U3§ M# HKC 7.748 Mtl BART 43.86 104# RUPIAH lUm M14* 'St to 100 units FUME BATES SINGAPORE* 7.88 KUALA LUMPUR 11.50 JAKARTA 28.9b BANGKOK 14.75 MANILA AM HONGKONG 1025 TAIPEI 4-
    79 words
  • Article
    Yen weakness hurting China: PBOC chief
    915 1  -  Ri>m«rk rignila Beijing's impatience over US, Japan stance, say analysts From' Quak Hiang Whai in Hongkong IN the clearest expression of concern by a senior Chinese official, the governor of the People's Bank of China, Dai Xiang-long, yesterday said the current yen weakness was
    915 words
  • Article
    Lock icon M'sia must reform to avoid Indon-type upheaval: Anwar
    374 1 Govt most be able to show transparency, equal opportunities AFP [KUALA LUMPUR] Malaysia might face an upheaval like Indonesia's unless it reforms the government, private sector and the political system, Finance Minister Anwar Ibrahim was yesterday quoted by local papers as saying.
    AFP  -  374 words
  • Article
    Asian currencies halt their slide
    206 1  -  By\ Larry Wee [SINGAPORE] To the relief of most market players, Asian currencies recovered yesterday, helped by profit-taking especially by European players. After a morning test of the downside at 141, the Japanese yen led the recovery, finishing almost unchanged at 140.20. Commentators said most
    206 words
  • Article, Illustration
    Bank reserves: unveiling likely only in FY98 results
    683 1  -  DBS' interim results may give idea of its reserves By Catherine Ong [SINGAPORE! The veil over the "inner reserves" of Singapore banks is to be lifted at last, but not until the first quarter of next year when banks announce their financial
    683 words
  • Article
    STII rally, led by bank stocks, peters out
    225 1  -  By R Sivanithy [SlNGAPOßE] News that Singapore banks will no longer be allowed to keep hidden reserves led to a sharp upward spike in the Straits Times Industrials Index to 1,140, but selling pressure in the afternoon dragged it down to 1,117.21
    225 words
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      134 1 DVUDB > My OOb COE prices for the July tender rose for the fifth consecutive month, despite the worsening economic outlook, P|2 Net effective Malaysia's public listed compuiies don't practise good disclosure policies or adhere to high ethical standards, according to a survey conducted by Edge investment weekly, Pgit Wired
      134 words
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      68 1 J Sfl E>"^j -«jfc ft: REUTERS a. la.<Jiing [HONGKONG] 77*is is no weather to be out on the streets as this Hongkonger found out when gushingfloodwatenswept him off his feet. The storms lashing Hongkong yesterday the most severe this year brought business to a near standstill and forced schools and
      68 words
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      101 1 China industrial output up 8% in May, Pg 4 A test of confidence, Pg 5 The Mauboussin 'Grand Prix' watch. 18K white gold with diamonds, mother of pearl and onyx. •-H^ IVtAJJBOUSSIN since iB2y EXCLUSIVELY AVAILABLE AT: ROY EASTERN WATCH #01-86/88 #01-74 Lucky Plaza 304 Orchard Road Singapore *****3- Tel:
      101 words
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      18 1 Big Foor could add $8b to accounts, Pg 15 Banks soar in morning reaction to news, Pg 15
      18 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      July COEs up for fifth month in row despite economy
      529 2  -  Cat 5, for commercial vehicles, posts biggest increase of 13% to hit $22,000 Byy Christopher Tan COE prices for the July tender rose for the fifth consecutive month despite the worsening economic outlook. Category 5, for commercial vehicles, posted the
      529 words
    • Article, Illustration
      Lock icon JTC ready-built factory take-up rate falls in Q1
      394 2  -  Demand for flatted factories fell 0.6%; occupancy down By Diana Oon TAKE-UP of the Jurong Town Corporation's ready-built factories fell in the first quarter as manufacturers continued to be hit by the regional economic downturn. Demand for flatted factories fell 0.6 per
      Source: JTC  -  394 words
    • Article
      Japan firm to build factories in Paya Ubi park for $121 m
      237 2 Blocks expected to house 264 factories when done in 2000 BUILDING work on a cluster of flatted factories in the Paya Übi Industrial Park kicked off on Monday following a ground-breaking ceremony and contract signing between the park's
      237 words
    • Article, Illustration
      Lock icon Hotel occupancy falls to 71%
      265 2  -  EYE OM THE ECONOMY Commerce By] Kau Yi Kang THE 70.9 per cent average hotel occupancy rate achieved in the first quarter was 9.4 percentage points below the forecast of the Singapore Hotel Association (SHA). Figures from the Singapore Tourism Board (STB) show that all
      Source: STB  -  265 words
    • Article
      Reinsurance brokers to take new look at proposed laws
      190 2 THE newly-elected management committee of the Reinsurance Brokers' Association (Singapore) RBAS will take a fresh look at the proposed legislation on insurance intermediaries, the association said in a statement yesterday. It said the agenda of the new committee will include a
      190 words
    • NEWSRoundup
      • Article
        Investment firm pats US$5m in W&J
        102 3 CRIMSON Asia Capital, a pan-Asia private equity inveetment firm, has invested about US$5 million (SsB.6 million) in Singapore-based W&J International, a manufacturer and distributor of adhesive tapes for industrial, electrical and electronics industries. The investment, finalised on June 1, was partly in equity and
        102 words
      • Article
        Taiwan viral epidemic: advice an travel
        117 3 THE Ministry of Health yesterday said there need not be any restrictions on travel to Taiwan despite recent reports of a viral epidemic there which affects mainly children. But it advised visitors to Taiwan to take simple precautions like avoiding crowded places, observing a
        117 words
    • Article
      Eltech unit proposes that HDB forfeit $22m deposit
      690 3  -  Smaller forfeiture still seen possible by analysts; HDB, Land Office yet to decide By Abdul Hadhi ELTECH Electronics' joint venture, Kembangan Properties, has proposed to the HDB that the government forfeit its $22 million deposit for not completing the purchase of the
      690 words
    • Article
      Lock icon S'pore economy likely to contract in second half: poll
      197 3 Reuters SINGAPORE should just avoid recession this year but its economy is likely to contract in the second half as the Asian financial crisis takes its toll, a Reuters poll showed yesterday. Ten economists produced an average forecast of a one
      Reuters  -  197 words
    • Article
      Changes likely for 4 top Canada banks in S'pore
      502 3  -  Size, structure, strategy will change if mergers get OE By I Soh Tiang Keng CHANGES in size, structure and business strategy may take place in the next two years among the four top Canadian banks operating in Singapore. Financial sources said
      502 words
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      165 2 ~'*^mWMmwN'WM^WMMM^~™z^z V m h bi mm MSliiF WITH CLEAR AND HEALTHY LPOKWB SKIM Some men limit their potential to > achieve their goals because they look drained, not in the best of health and 'M older than their age. An EXECUTIVE SKIN PACKAGE diminishes early aging, premature wrinkles, open pores,
      165 words
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      302 2 I 9HMK i brohitft-' »<%- mey be due to the effects fMr tmi i :^^sg'..-;; I impurities and frequent I useofhpirdryire. I v i^-*f7- I e_L—MEft £&i| $ver-productlon of oil -n#M|M*i^Wi< I dcbUmos or w W J**** I I inadequate supply I I M of oxygen and I nutrients to
      302 words
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      62 3 b r Buy It. Sell it. Find It. J&ilk Classified. |CATsJ Call Today For Results Tomorrow. 1800-737-1166 on the to the future. :<.-. <i <i i i .i < i'»»A 'li > !|I I I RSSHHfeh* 4mwP? A ?^^F. digital f» I<»I t A I A%• link t.*m-m •wUlMTA|'.»i.i(w.||H.iulH,n» f»v«U«
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  • ASIA'S ECONOMIC SLUMP
    • Article
      A$ seen as a proxy for exposure to Asia, say analysts
      788 4  -  Plunging am t raises fears that RBA may be forced tc op rates in defence From Russell Baker m Sydney THE continued sell-off in the Australian dollar comes on the back of investors' view that the Aussie is a
      788 words
    • Article
      Lock icon IMF could resume lending to Jakarta by early July
      348 4 Reuters [WASHINGTON] The International Monetary Fund said on Monday it could resume lending to Indonesia by early July or sooner, and promised subsidies would remain in place to help the poor cope with rising prices. IMF first deputy managing director Stanley
      Reuters  -  348 words
    • Article
      Lock icon Merrill denies it`s dragging down A$
      183 4 Bloomberg [SYDNEY] Merrill Lynch in Australia yesterday said it isn't helping to drag the Australian dollar to record lows, contrary to a press report. The Sydney Morning Herald had said Merrill was acting for US-based hedge funds selling the Australian dollar. It also said
      Bloomberg  -  183 words
    • Article
      Baht seen falling to 62 against US$
      448 4  -  Lack of improvement in fundamentals, property will drive unit down: chartist From. Hariah Mehta in Bangkok THE battered Thai baht is expected to fall to a historical low of 62 to the US dollar by year-end in a worst-case scenario painted by a
      448 words
    • Article
      Lock icon Survey points to a few bright spots in Asia's outlook
      462 4 Regional economies need firm growth in Japan to support their exports Reuters [SINGAPORE] Japan is emerging as the biggest question mark for Asia's economies, most of which are expected to continue to do poorly over the next six months, said
      Reuters  -  462 words
    • Article, Illustration
      Lock icon Tokyo worries over economic woes
      387 4 Minister disputes reports that 6-7 won't discuss yen Reuters [TOKYO] Japan's economic woes were once again in stark relief yesterday as the government fretted about the yen's slide and acknowledged the psychological impact of record unemployment on shell-shocked consumers. Falling wholesale prices also showed the
      Reuters; REUTERS  -  387 words
    • Article
      Lock icon Maybank ups prime rate to 12.1%, shares rise
      490 4 KUALA LUMPUR ELSE gains L 6% after falling for 3 days; ringgit firms Bloomberg MALAYAN Banking Bhd, Malaysia's biggest bank, faced with higher interbank rates, said it will today raise the rate it charges its best customers to 12.1 per cent from
      Bloomberg  -  490 words
    • Article
      Taiwan exports post 7.5% fall
      461 4  -  USss7om trade surplus is down 64% from Kay 1997 From. Laurence Eytco in Taipei TAIWAN'S exports posted their biggest fall in four months in May, dropping 7.5 per cent from a year ago. While the island still managed to show a trade surplus for May
      461 words
    • Article
      Lock icon China industrial output rises 8% in May to 168b yuan
      443 4 Central bank says M 2 op 16%; trade official wains experts to Asia down Bloomberg AFP [BEIJING] China's industrial output grew 8 per cent in May, up from 7.2 per cent in April, said Dai Xianglong, governor of the People's
      Bloomberg; AFP  -  443 words
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon A test of confidence
      1139 5  -  As currencies in the region tumble, the Hongkong dollar peg hinges on public confidence By Larry Wee The rout of Asian markets continued over the last week, culminating in the region's currencies testing key levels early this week. Price action in the first two trading days
      Compiled by BT; Source: Deutsche Morgan Grentell  -  1,139 words
    • Article, Illustration
      Lock icon The danger in Russia's storm
      482 5  -  Without a bailout for the economy and rouble, Europe could suffer slow exports and nnpaid debt By Neil Behrmann The writer is BT's London Correspondent [LONDON] A bailout of Russia is inevitable. Without any international action, the consequences will not only be horrific in Russia,
      Source: Bloomberg  -  482 words
    • Article
      ANALYSIS
      380 5 Hongkong? The rainy day has arrived MUCH is to be said for setting aside funds for a rainy day. With fiscal reserves at an impressive HKS44O billion (Ss97 billion), Hongkong would seem well-cushioned for the present slowdown. Unfortunately like monetary policy fiscal policy is now being hijacked to defend
      380 words
    • Article
      Lock icon THE WEEK AHEAD
      356 5  -  Compiled by Larry Wee Sources: ABNAmro (ABN) JP Morgan (JPM) Sources: ABN Amro (ABN), JP Morgan (JPM). Independent Economic Analysis Holdings (IDEA) and MMS International (MMSJ United States Today: Fed chairman Alan Greenspan appears before the joint Economic Committee on Capitol Hill. "He should highlight a steady
      Sources: ABNAmro (ABN); JP Morgan (JPM); Sources: ABN Amro (ABN), JP Morgan (JPM). Independent Economic Analysis Holdings (IDEA) and MMS International (MMSJ  -  356 words
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      264 5 >i! Oil UilU r j jf y.j io?y»a vj <«.? >r M H < liirfrr There's no better way to unwind at the end of a bitter work week. Festival of Arts, comedians, arts and artistes from around the than with a sweet dose of jam a Jazz Jam Session,
      264 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Garuda finances in critical state: minister
      216 6 JAKARTA Airline burdened with USs2oom debt, jets risk confiscation Reuters FLAG carrier Garuda Indonesia is in critical financial condition with US$2OO million (***** million) of debt, the Bisnis Indonesia daily reported yesterday. Minister for State Enterprises Tanri Abeng was quoted as telling parliament on
      Reuters  -  216 words
    • Article
      Lock icon Sultan of Brunei to buy stake in Bank of Ayudhya
      167 6 BANGKOK Bloomberg THE Sultan of Brunei will buy a stake in Bank of Ayudhya pic, a cash-strapped Thai bank fighting for survival in the nation's deepest economic downturn in 30 years. Sultan Hassanal Bolkiah agreed with the bank's management to
      Bloomberg  -  167 words
    • Article, Illustration
      Lock icon Ex-CM of Selangor to face graft charges today
      460 6 KUALA LUMPUR Perth casino to sue Sarawak politician over As2m gambling debts Reuters AFP ONE of the five most senior leaders of Malaysian Prime Minister Mahathir Mohamad's political party was ordered yesterday to appear in court to face corruption charges, a government
      Reuters; AFP; FILE PHOTO  -  460 words
    • Article
      Lock icon Surabaya strike: 20,000 go back to work
      258 6 JAKARTA Bloomberg ABOUT 20,000 employees of electronic goods maker PT Maspion in Indonesia's Surabaya area went back to work yesterday after the company promised to raise wages to 30 per cent higher than the daily minimum wage of about 5,500 rupiah (79 Singapore
      Bloomberg  -  258 words
    • Article
      Lock icon Habibie approves 7 ambassadors-at-large
      235 6 JAKARTA TirUnuui Group chief will update govts in Europe Bloomberg INDONESIA'S President B J Habibie has approved seven ambassadors-at-large proposed by the Indonesian Chamber of Commerce and Industry (Kadin), said the association's chairman, Aburizal Bakrie. Kadin has sent representatives abroad in the past to ask foreign
      Bloomberg  -  235 words
    • Article
      Lock icon Suharto's daughter resigns from group
      208 6 JAKARTA AFP ONE of former Indonesian president Suharto's daughters has resigned from the chairmanship of a capital markets society which she helped found, a report said yesterday. Mr Suharto's second eldest daughter, Siti "Titik" Hediyati Prabowo, has resigned as chairman of the Indonesian Capital Markets
      AFP  -  208 words
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      970 6 OMNI OMNI INDUSTRIES LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 3rd Annual General Meeting of Omni Industries Limited will be held at 53 Serangoon North Ave 4, Singapore *****2 on Friday, 26th June 1998 at 10.00 am for the following purposes ORDINARY BUSINESS 11. To
      970 words
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      127 6 i f,- > •> r MERCHANT COURT HOTEL (Stay business) ROOMS NOW AT 50% OFF (Pay economy) Merchant Court Hotel now improves economy for the business traveller in Singapore. Our Summer Executive Offer gives 50% off room* rates from now till 15 September. Take a room on the executive floors,
      127 words
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  • CHINA – HONGKONG – TAIWAN
    • Article
      Lock icon HK legislators threaten showdown with govt
      438 7 HONGKONG Major parties to block funding requests unless govt backs their economic rescue package AFP HONGKONG'S major political parties have threatened to block all government legislation and funding requests unless the administration supports their rescue package for the ailing economy. They made the threat
      AFP  -  438 words
    • Article
      Lock icon HK brokers headed for shakeout: survey
      363 7 HONGKONG Fond'managers say they are frustrated with quality of brokerage research Reuters HONGKONG'S brokerage industry is set for more consolidation as fund managers focus on fewer brokers, according to a survey conducted for Reuters. Anecdotal comment by fund managers, who indicated a preference for
      Reuters  -  363 words
    • Article, Illustration
      Lock icon Big clean-up in China
      52 7 [BEIJING] Workers dredging a lake clogged with rubbish at a park in Beijing on Monday. The European Union is set to launch its biggest environmental project in China this week with a 37 million Ecu (Ss7o million) investment to clean up the heavily-polluted north-eastern province of
      AFP  -  52 words
    • Article
      Heavy rain forces HK to a halt morning trade suspended
      355 7  -  From Loh Hui Yin in Hongkong HEAVY torrential rains pelted Hongkong yesterday, forcing business activities in the bustling city to grind to a halt in the morning. Already suffering from sharply reduced turnover, trading on the stock and futures exchanges
      355 words
    • Article
      Lock icon China to see more brokerage mergers, says paper
      211 7 SHANGHAI Reuters CHINA is likely to see more mergers and acquisitions among local brokerages to meet competition from their foreign counterparts, the official China Daily newspaper said yesterday. Only by joining hands can Chinese brokerages meet challenges from "aggressive international investment banks",
      Reuters  -  211 words
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      150 7 :g i^gßgSgli r "V- 7%1Hb1 ■grfiJwTT I f r.t:"' fl ha t s Also fl Home Imagine being able to, quite literally, stroll down to the beach I at the end of your working day. You can at Mandarin Gardens, ,7 V i fx'"Singapore's only full service apartments by the
      150 words
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      48 7 X < •4. Sli«V i •ft-T. i -Y.. •i v a v;ip Si I- A ■>'-* •v W- i S MILLENIA WALK GROUND FLOOR #01-22/23 TEL 339 0183 NGEE ANN CITY TOWER B GROUND FLOOR TEL 734 2427 HILTON INTERNATIONAL THE SHOPPING GALLERY GROUND FLOOR TEL 235 0295 V >,
      48 words
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      219 8 SIEMENS V 1 Precision. Innovation. Reliability. Compatibility. Efficiency. Flexibility. Solutions. ■RHHR That's the language Siemens "Automation are systematised products, matched to and Drives" has been speaking to one another in engineering and design, professionals for over 150 years. As one drawn together and optimised as a system. of the 14
      219 words
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  • ASIA
    • Article
      Lock icon Costello denies plans to let Aussie big banks merge
      434 9 CANBERRA Treasurer said to have told Soros execs that he would scrap four pillars'policy Bloomberg Reuters AUSTRALIAN Treasurer Peter Costello has no plans to allow mergers between the country's major banks, contrary to a report saying he had promised as much
      Bloomberg; Reuters  -  434 words
    • Article, Illustration
      Lock icon India hit by investment fallout alter N-tests
      250 9 BOMBAY Bloomberg FOREIGN institutional investors pulled US$l29 million (***** million) out of India last week amid concern that economic growth will slow and the rupee will weaken after the country's nuclear tests triggered economic sanctions and shook investor confidence. Foreigners were net sellers
      Bloomberg; Source: Bloomberg  -  250 words
    • Article
      Lock icon India Rejects UN criticism, says N-tests necessary
      333 9 NEW DELHI Vajpayee appeals to Pakistan to resume bilateral talks AFP PRIME Minister Atal Behari Vajpayee on Monday dismissed UN Security Council condemnation of India's nuclear tests as the International Atomic Energy Agency urged the world to step away from the "nuclear abyss".
      AFP  -  333 words
    • Article
      Lock icon South Asian group to hold summit next month
      153 9 ISLAMABAD AFP THE South Asian Association for Regional Cooperation (Saarc) will hold its summit in Colombo from July 20-22, Pakistani officials *said yesterday. Prime Minister Nawaz Sharif will lead the Pakistani delegation to the summit of the seven-nation forum, they said. A
      AFP  -  153 words
  • Page 9 Advertisements
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      252 9 THE ART OF KNOWING EN J LEAVE OUR GUESTS f: Contemplate the day in the serene comfort of our plush living Room. unperturbed by the ret of the world. Quietly confident that an unparalleled level of service is only a gesture away. WFfA P A In fact all the way
      252 words
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  • THE WORLD
    • Article
      Lock icon Kim calls for deeper partnership with US
      324 10 WASHINGTON AFP SOUTH Korean President Kim Dae Jung yesterday called for "a higher level of partnership" with longtime ally the United States, as he headed into a summit with President Bill Clinton. Mr Kim also vowed to "raise the spirit of peace on
      AFP  -  324 words
    • Article, Illustration
      Lock icon FTC files anti-trust complaint against Intel Corp
      457 10 WASHINGTON Company accused of using monopoly power to pry patent rights from rivals Reuters THE US Federal Trade Commission (FTC) charged on Monday that Intel Corp violated the nation's anti-trust laws by using monopoly power to pry patent rights from its competitors. The
      Reuters; REUTERS  -  457 words
    • Article
      Lock icon US wholesale inventories in surprise fall
      315 10 WASHINGTON Data shows record pace of stockpiling in Q1 may be easing Bloomberg US WHOLESALER inventories unexpectedly declined in April for the first time in three months, and sales rose, suggesting the record pace of stockpiling during the first quarter is starting to slow.
      Bloomberg  -  315 words
    • Article
      Lock icon Unions rap BOE's decision to raise rates
      289 10 LONDON Reuters THE decision by the Bank of England to raise interest rates last week was premature at best and risked plunging the economy into a deep and lengthy recession, a trade union report said yesterday. The Trades Union Council, the unions' leading
      Reuters  -  289 words
    • WORLDWatch
      • Article
        Lock icon Air France grounds 75% of planes
        124 10 AFP [PARIS] Air France grounded 75 per cent of its planes on the eve of the World Cup kickoff yesterday as pilots threatened a long and tough strike after foiling to negotiate a settlement. Air France officials said the state-owned airline weuld hold an
        AFP  -  124 words
      • Article
        Lock icon No emergency loans for Russia?
        71 10 Bloomberg [BONN] Russian President Boris Yeltsin, in a meeting with German Chancellor Helmut Kohl, said his country will climb out of its financial crisis without emergency loans from foreign governments. "We will work further on these political reforms. On that basis, foreign investors won't leave
        Bloomberg  -  71 words
      • Article
        Lock icon German jobless rate altips
        81 10 Bloomberg [NUREMBERG, Germany] Germany's jobless rate dropped to 11.2 per cent in May from 11.3 per cent in April, showing Europe's biggest economy is gaining momentum. Unemployment fell a greater-than-expected 60,000 in May, the fifth straight fall and more than the 15,000 drop forecast by analysts
        Bloomberg  -  81 words
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      1217 10 I I Singapore #1% Technologies Industrial SINGAPORE TECHNOLOGIES INDUSTRIAL CORPORATION LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Fifteenth Annual General Meeting of the Company will be held at the Auditorium of ST Computer Systems Services Limited, 7 Bedok South
      1,217 words
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      Page 10 Advertisements Column 2
      11 10 Intel mlm, earnings may rise on PC demand rebound, Pg 18
      11 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Islam's star rises in Indon politics
      766 11  -  no SOTTOXLIMII OPINION By Shoeb Kagda The writer is BT's Jakarta correspondent INDONESIA'S political landscape is undergoing fundamental change after 32 years of New Order Government The end of the Suharto government seems to have unleashed ethnic, cultural and religious forces which were kept
      766 words
    • Article
      IN OTHER WORDS
      118 11 The Titanic struck the iceberg because the captain did not know the danger that the ship was heading for. We have to replace the captain of the Nihon Maru (the Japan ship) before the Japanese economy hits a big iceberg and collapses.' -NaatoKu president of the Democratic
      118 words
    • Article
      The Bear is still in the woods
      645 11 EDITORIAL THE Russian government appears, for the moment at least, to have clawed its way out of a capitalflight crisis. But relief has come at the expense of an awesome rise in interest rates which could haunt the country for months to come.
      645 words
    • Article, Illustration
      Lock icon Hongkong desperate for tourists
      1097 11  -  Slump in tourism has the industry working overtime to put HE back on tourist map By Loh Hui Yin The writer is a BT correspondent in Hongkong WHEN Hongkong reverted to Chinese sovereignty, it quickly lost its mystique for tourists, many of whom were drawn here
      FILE PHOTO  -  1,097 words
    • Article
      Allow developers to resell URA sites
      475 11  -  MATT-HAT B G Zheng WU MEN YEN'S reply to Henry Lim's letter on Singapore's property market (BT, June 6-7) contained some inaccuracies: ♦The May '96 curbs did depress the property market, contrary to the writer's view, as reflected by the URA Property Index Quarterly
      475 words
    • Article
      WHAT THE OTHERS SAY
      395 11 Chrfl aanrtee pay In HE RUMBLINGS of discontent from the private sector over the pay rise awarded to civil servants this year have wider implications than simply worries that the 6 per cent increase will trigger unrealistic wage demands in other professions. The increase may be
      395 words
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      27 11 DOOHESBURY By Garry Trudeau SOUNDS I !K£ {fVM,CANI\ f SoMeoN£>s I ImmMYFfij&csW- 4*™* I homey I WMmmk dee* TO M SAY- just \r£ m\ personal \NONBY.J WINK
      27 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Safe bet: forget the best
      801 12  -  Rim-UF TO WORLD COP If history is anything to go by, don't expect the best team to win, says shahxrom SHAHIRON SAHARI THE battle lines have been drawn and the curtain rises on the Greatest Show on Earth today. After four long years, the wait
      AFP  -  801 words
    • Article, Illustration
      Let the good times roll
      255 12  -  World Cup viewing guide By Shahiron Sahari ff TYm om to wsteh I Brazil v Scotland (Premiere 12, 11.30pm) The opening fixture is almost always a big dud, save for 1990's Argentina vs Cameroon, but this Group A match has all the right stuff: the
      255 words
    • Article
      Whose cup? Not England's...
      727 12  -  Who can the English lose to? Almost everyone it seems, according to an emancipated view By l Chris Matyszczyk The writer, a creative director based in Warsaw, will be travelling to France for the World Cup. [WARSAW] It is thought that the average English football supporter
      727 words
    • Article
      Superfriends: an experiment that failed
      633 12  -  FESTIVAL OF ARTS In trying to reach out to its audience, the play it By, Jaime Ee [SINGAPORE] Free association is something you do with the mind, generally a tool used to assess one's creativity or one's psychosis. You're given a topic, a phrase, whatever,
      633 words
    • Article, Illustration
      Lock icon Tharp's vigorous dancers make it a memorable night
      521 12  -  By < Chua Soo Pong [SINGAPORE] The longawaited visit by Twyla Tharp has proven to be an overwhelming dance event that will be remembered for a long, long time. The second programme, performed at the Kallang Theatre on Sunday night, was a
      ST/CHEW SENG KIM  -  521 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      196 12 'I'm WBAtmmi fHin»|im w Cloudy with thundery showers from 7pm till midnight over most areas. Temperature (29/2SC) fliln rnnTlr WW Oai .iintawi U"» clear Stock*** *17 duvn Auckland I*l7 ctady Mem 2*4} dear Vnn *23 Baatfkok *oim Zurich 11/18 <ta* Mfig- 1*32 riwwcn Bonp* U/V OmmL Bombay 2714 showere taton
      196 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      381 13 1 Buy It. Sell It. Find It. Classified. f& CATS. I Call Today For Results Tomorrow. **********6 Where to wine, dine and entertain-.-gGjttsSfr *,mm )W*3S&m I 1 1 tmtmmumt mt i■ IT mm at*. THE IMPE£^ From appetizers, main course to desserts, we've gpfitcdl in the name Also get lucky
      381 words
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      Page 13 Advertisements Column 2
      31 13 v^j v\ CUinese R<e SV^^av-^VVv's JlAV\<£> v 'i v tL* tV~>'Jl va^l)) V>< i«^t"v V". or advertisement details on Wine, Dine and Entertain, please call Adeline (ioh at 41) 2212 i
      31 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      787 13 TV&BAPIO Premiere 12 tei. 'M Heaven. 10.30 Heroes From Shaolin. «TT —-I 5.30 Real Adventures of UL2O AM Wednesday Mid230 PM TV Innovations. Jonny Quest. night Classic Spring 4 4.00 Kidz Blitz: Space 6.00 News 5 Today followed River Flows East (Pt 2). Bw Goofs. by Wheel of Fortune. 2.00
      787 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      213 13 CRYPTIC CROSSWORD 1 Anteater finds a way into Bi- with Noah's vessel (8) 5 Somewhat crazy, got enclosed 10 Stamp on this slow service, a 23 One charging a small volume 36 Dukes get no protection when transaction (8) DOWN 9 Can spare defective gland (8) YESTERDAY'S SOLUTION 14 Acting
      213 words
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  • WIRED FOR BUSINESS
    • Article, Illustration
      Lock icon Business comes first
      832 14  -  In the dynamic world of e-commerce, industry, not govt, should lead, writes toh ham shxh TOH HAN SHIH Government and industry must work together to develop and promote electronic commerce. But because electronic commerce is a new and rapidly changing field, business must take the lead. This
      ST/WONG KWAI CHOW  -  832 words
    • Article
      Malaysia, Japan to invest heavily in e-trade
      307 14  -  By' Toh Han Shih [SINGAPORE] Malaysia and Japan plan to go big on electronic commerce, officials from these nations revealed at the CommunicAsia confer-ence-cum-exhibition last week. "Malaysia recognises the enormous opportunities in global trade opened by electronic commerce and is taking steps to
      307 words
    • BOOKmarks
      • Article
        Surfing for perks
        68 14 LOCAL Internet Service Provider (ISP) Pacific Internet has become the first in Asia-Pac to introduce a mileage programme to reward subscribers for turfing the Net. Called Surf Perks, subscribers get one bonus point for every dollar they spend on Net-surfing. They can redeem these points on a
        68 words
      • Article
        Anti-spam e-mail system
        54 14 PACIFIC Internet has also just installed a new e-mail system valued at over $1.5 million that offers greater system reliability, faster e-mail processing and anti-spam features. Spam is the industry term for unsolicited e-mail sent by Internet marketers. The new e-mail software is from US-based Software.Com Inc
        54 words
      • Article
        Indon online numbers top 80,000
        57 14 SOME 80,000 people are online in Indonesia, according to the latest Web demographics. Rudy Rusdiah, an Internet consultant in Indonesia, expects the growth of Net users to keep pace this year despite the country's economic turmoil. Currently, there are 40 registered ISPs in Indonesia, but
        57 words
      • Article
        Online store for Lotus products
        41 14 LOTUS Development Corp, a subsidiary of IBM, has launched an online store, Lotus Store, located at wwwJotus.com/store. The Website displays Lotus products and directs potential buyers to resellers. Customers also can buy Lotus software directly there.
        41 words
      • Article
        Consumer deals lead e-commerce
        68 14 ELECTRONIC commerce is expected to grow four-fold 9 over the next two years, according to a poll by consulting group, Deloitte Touche. Its survey covering 25 countries in six major industries shows the strongest growth will be in consumer transactions. North America is expected to maintain
        68 words
      • Article
        Free e-mail accounts
        53 14 BUSINESSWEEK magazine has joined the growing ranks of Internet gateway sites such as Yahoo! and AltaVista in offering free Web-based e-mail accounts. The online business news site allows busy executives to do two things at the sam« time: access their e-mail and read business news every day.
        53 words
      • Article, Illustration
        Site for travel info
        46 14 ONE of Singapore's leading travel agencies, Ken Air Travel, has set up its own Website to offer travel and tour information, with Web-links to visas, hotels, foreign currency conversions and weather information. But online bookings are not available yet Check out www.kenair.com.Bg.
        46 words
      • Article
        Internet marketing firm joins 4As
        64 14  -  Francis Ang INTERNET consultant Expanded Media Asia has become the first Asian Internet marketing company to be accepted as a member of the Association of Accredited Advertising Agents of Singapore, also known as the 4As. The Singapore-based company offers Internet consulting and other Web-related services.
        64 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      168 14 A- t r 1 (e> rttt e-busine* Sea E-BUSINESS: MAKING INTERNET ZITL BANKING MORE SECURE. architectures. your an the That's why United Overseas Bank worked with IBM when mri'Kii become e-business. More specifically, Netru«t ready the customers to do the web. Transactions like making bill payments, viewing share margin portfolios,
      168 words
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      Page 14 Advertisements Column 2
      5 14 brought to you by ssrsrsi
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  • COMPANIES & MARKETS
    • Article
      Big Four could add $8b to accounts from reserves
      965 15  -  Cut in minimum cash balances could inject $4b into banking system By I Siow Li Sen, Clarissa Tan [SINGAPORE] The unveiling of inner reserves could add some $8 billion to the balance sheets of the Big Four local banks, while the
      965 words
    • Article
      Sound policy the key to a recovery in M'sian markets
      801 15  -  HOCK LOCK SIEW Ven Sreenivasan POR SEVERAL weeks now, there have been rumours going about in broking circles in Kuala Lumpur that 90 per cent of the Kuala Lumpur Stock Exchange's Second Board companies and another 30 per cent of
      801 words
    • Article
      Banks soar in morning reaction to reform news
      286 15 [SINGAPORE] Bank stocks surged sharply yesterday morning in knee-jerk reaction to the latest banking reforms but most ended the day lower. The SES Finance index hit a high of 325.75 but ended half a point down at 311.16 as investors realised that
      286 words
    • Article
      Scotts shares up as Jumabhoys seek to sell out
      420 15  -  Some dte takeover expectations; others see price rise as knee-jerk reaction By' Ven Sreenivasan [SINGAPOREI Scotts Holdings' shares jumped 17 per cent yesterday to an intra-day high of 85 cents on expectations of a takeover should the Jumabhoys succeed in the
      420 words
    • REGIONAL COMPANIES
      • Article
        M'sian firms lack good disclosure, ethics: poll
        383 16  -  Regulators seen as ineffective, minority shareholders not treated fairly From Meera Tharmaratnam in Kuala Lumpur MALAYSIA'S public listed companies do not have good disclosure policies nor high ethical standards, say financial professionals polled by investment weekly The Edge. Malaysia's regulators are also seen
        383 words
      • Article
        IDT profit surges 76% to $20.8m
        397 16  -  By, Annette Pau [SINGAPORE] Mainboardlisted IDT Holdings Singapore has surpassed forecasts with a 76 per cent jump in net profit to $20.8 million for FY96 ended March. Turnover grew 39 per cent to $133.8 million due to strong US and European demand for its
        397 words
      • Article
        Lock icon Datacraft shares up on China deal
        109 16 Bloomberg [SINGAPORE] Shares of Sin-gapore-based Data craft Asia Ltd rose 2.8 per cent yesterday after the manufacturer of Internet infrastructure and information networks said it won its biggest contract in China to build a telecommunications network. The project, valued at US$l2 million (5520.5 million),
        Bloomberg  -  109 words
      • Article
        Tenaga set to take major stake in Malakoff
        521 16  -  Tenaga signs MOU to inject its stakes in two power producers into Malakoff Froml Rath Wong in Kuala Lumpur POWER utility Tenaga Naslonal Bhd is poised to become one of the largest shareholders in listed Malakoff Bhd with "just over a 20
        521 words
      • COMPANYBriefs
        • Article
          Sembawang unit sells off investment
          41 16 [SINGAPORE] Sembawang Resources has sold its entire equity interest in Sembawang-Golden Maya Investments Pte Ltd, resulting in a loss of about $2.5 million. The stake was sold to Golden Maya International Investments Pte Ltd for $300,000.
          41 words
        • Article
          JC-MPH pulls cut of Aussie-listed firm
          95 16 [SINGAPORE] Jack Chia-MPH said it has sold its entire shareholding of 46.7 million shares in Australia-listed Dollar Sweets Holdings (DSH) for A 521.96 million (5922.4 million) or A 50.47 per share. JC-MPH will receive a final dividend of about A 5537,000 on its DSH
          95 words
        • Article
          Uraoo shareholder pares stake further
          109 16 [SINGAPORE] Uraco Holdings announced that its substantial shareholder Kang Ah Nuy has sold 1.029 million Uraco shares in the past week, reducingher stake in the company to 15.64 per cent from 16.17 per cent previously. Her shares were sold at an average price of 10.*****
          109 words
        • Article
          Keppel Fels signs deal to build rig
          29 16 [SINGAPORE] Keppel Fels and AxerbaiJan-based subsidiary Caspian Shipyard Company have signed a contract to build a Jack-up rig for drilling contractor SedcoForex.
          29 words
        • Article
          Novotel Penang renamed Copthhorne
          33 16 [SINGAPORE] CDL Hotels International's Novotel hotel in Penang was renamed Copttorne Orchid Penang yesterday. The Copthorne chain, acquired by CDL Hotels in 1996, operates 4-star hotels in key locations.
          33 words
      • Article
        Lock icon Bangkok Bank of Commerce awaiting 15b baht injection
        183 16 Reuters [BANGKOK] Thailand's Bangkok Bank of Commerce pic said yesterday it would have to wait for a fresh injection of equity funding from the state. The central bank was unable to commit new funds until its adviser JP Morgan completed a report
        Reuters  -  183 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        MUI must pay RMl6Om more to help equities units
        330 17  -  It needs to cough up RM4Blm instead of RM32I as Pengkalen Holdings revises rights issue From Eddie Toh in Kuala Lumpur KHOO Kay Peng's Malayan United Industries will now have to cough up 480.9 million Malaysian ringgit (*****.6 million) instead of
        330 words
      • Article
        Metro Pacific offers 2.5 warrants a share to spice up rights
        483 17  -  But S&lim unit's sweeteners won't be given out till 4th qtr Prom, Al Labita in Manila A LISTED flagship of Indonesia's Salim Group is dangling warrants to spice up a rights offer it plans to launch this year, an
        483 words
      • Article
        Lock icon Amanah Capital to buy eight units from its parent
        247 17 Bloomberg [KUALA LUMPUR] Amanah Capital Partners Bhd, a Malaysian fund management company, has agreed to buy the merchant banking and insurance units of its parent, and sell new shares, in a reorganisation valued at 826.4 million Malaysian ringgit (*****.4 million). Amanah
        Bloomberg  -  247 words
      • Article, Illustration
        Lock icon Thistle Hotels approached by 3 potential buyers
        282 17 Bloomberg Reuters [LONDON] Thistle Hotels pic, the UK's third-largest hotel company, said it has received approaches that could lead to an offer worth at least £1.23 billion (553.4 billion) as companies seek to buy into a booming hotel industry. Three companies, including a
        Bloomberg; Reuters; Source: Bloomberg  -  282 words
      • Article
        Way paved for SIA stake in Thai Airways: analysts
        481 17  -  Sale not restricted to Star Alliance partners; govt also willing to cnt stake From, Harish Mehta in Bangkok THE Thai cabinet yesterday debated Singapore Airlines' recent proposal to buy a 25 per cent stake in Thai Airways International, and said it
        481 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Intel sales, earnings may rise on PC demand rebound
        601 18 FTC charge that company's trying to choke rivals seen posing little risk Bloomberg [SANTA CLARA, California] Intel Corp's sales and earnings will rise on a rebound in personal computer and semiconductor demand, even as the US Federal Trade Commission (FTC) accuses
        Bloomberg; Source: Bloomberg  -  601 words
      • Article, Illustration
        Lock icon Pentium II chip prices drop by 12-20%
        304 18 NYT [SAN FRANCISCO] Intel Corp said on Monday that it had lowered prices on its Pentium II microprocessors for desktop computers by 12 to 20 per cent. Intel also introduced a faster version of its Celeron processor and dropped the price of the
        NYT; FILE PHOTO  -  304 words
      • Article
        Lock icon Coke extends NBA deal for 100 years
        242 18 Bloomberg [ATLANTA] Coca-Cola Co, the largest soft-drink maker, said it extended its marketing contract with the National Basketball Association for as long as 100 years. The agreement, which gives Coca-Cola the right to call its Sprite soda the league's official soft drink, will
        Bloomberg  -  242 words
      • Article
        Lock icon Yahoo! moves into e-commerce by buying Viaweb
        313 18 USs49m purchase adds over 1,000 merchants to its site Reuters [PALO ALTO, California] Yahoo! Inc on Monday made a major commitment to e-com-merce with an acquisition that adds more than 1,000 online merchants to its Web site. It agreed to buy Cambridge, Massachusetts-baaed
        Reuters  -  313 words
      • Article
        Lock icon Honda to spend $267m to clear the air
        162 18 Bloomberg [WASHINGTON] American Honda Co will spend US$267 million (*****.6 million) to resolve a pollution complaint lodged by the US government, in the largest settlement ever under the Clean Air Act, the Justice Department said. The government charged the company with flailing
        Bloomberg  -  162 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Fed approves merger of UBS, Swiss Bank Corp
        508 19 Green light given despite protests that tlie banks hid assets of Nazi victims Reuters [WASHINGTON] The US Federal Reserve oil Monday approved a merger of Union Bank of Switzerland and Swiss Bank Corp, creating the second-largest bank in the world despite protests
        Reuters  -  508 words
      • Article
        Prudential unit raises US$540m for new Asia fund
        346 19  -  PAPE n, targeted at Asian companies, has made first investment in China From\ Quak Hiang Whai in Hongkong PRUDENTIAL Asset Management Asia (Pama), a private equity investment firm of Prudential Insurance Company of America, has raised US$54O million (*****.4 million) for a
        346 words
      • Article, Illustration
        Lock icon Norwest, Wells plan peaceful merger
        376 19 Bloomberg [NEW YORK) Norwest Corp and Wells Fargo Co's agreement to a US$34 billion (SssB billion) marriage was possible in part because mergers of equals have become more accepted among investors and analysts, top executives of the two banks said. "When you do a big
        Bloomberg; REUTERS  -  376 words
      • Article
        Lock icon Goldman gets two fees for doing one deal
        319 19 It finesses merger by breaking into teams: one for Norwest and one for Wells Fargo Bloomberg [NEW YORK) Goldman Sachs Co used Monday's US$3l billion (Sss3 billion) merger of Wells Fargo Co and Norwest Corp to collect two fees one from each
        Bloomberg  -  319 words
      • Article
        Lock icon Merrill's fees for Brazilian sell-off a record low
        433 20 US investment bank charging 45 basis pints for the Petrobras deal FT [LONDON] US investment bank Merrill Lynch has set a new low for fees in the international equity market with its mandate to lead manage the US$6 billion (5510.3 billion) privatisation
        FT  -  433 words
      • Article
        Lock icon Miners face tougher Canadian rules
        287 20 Stock regnlatofs' proposals aimed at stopping frauds like Bre-X Bloomberg [TORONTO! Canadian securities regulators proposed what they called the world's strictest reporting standards for mining companies in an effort to prevent frauds such as the Bre-X Minerals scandal that milked investors of billions of dollars.
        Bloomberg  -  287 words
      • Article
        Lock icon Hanil Bank aims to raise US$810m
        157 20 Bloomberg [SEOUL] Hanil Bank, one of South Korea's top six commercial banks, said yesterday it aims to raise as much as US$BlO million (Ssl.4 billion) from foreign investors in the next 10 weeks to bolster its finances. The bank plans to raise US$44O million
        Bloomberg  -  157 words
      • Article
        Lock icon JGBs rattled by bank failure rumours
        274 20 «i—u» Report Reuters [SINGAPORE] Simex Japanese government bond futures (JGBs) suffered a msyor setback yesterday amid rumours that a Japanese bank had failed and renewed concerns about the health of Japan's banking sector. Rumours that Japan's second largest long-term credit bank, Long-Term Credit Bank
        Reuters  -  274 words
      • Article
        Weak currencies drag down futures
        173 20  -  MSCI TAIWAN FUTURES Charlie Kuo Charlie Km, service dealer, Refco Singapore [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract slid further as the currencies across Asia continued to fall against the US dollar. Taiwan exports have been hit by the sluggish demand for electronic
        173 words
      • Article
        Lock icon Crude falls as IEA cuts demand estimate
        228 20 EHBROY REPORT Bloomberg (NEW YORK] Crude oU feU after the International Energy Agency cut its estimate for 1998 world oil demand because of the economic slowdown in Asia at a time when producers are struggling to wipe out a supply glut The Paris-based
        Bloomberg  -  228 words
      • Article
        Lock icon CURRENCY REPORT
        283 20 AFXAsia AFP London THE dollar spent the day exploring its new range after on Monday reaching the 141-yen level in Far Eastern trade, a level it has not seen for seven years. Traders said they expect the dollar to appreciate further, to as high as 145 yen or
        AFXAsia; AFP  -  283 words
      • Article, Illustration
        Untitled
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        1,066 words
    • Article
      COMMODITY PRICES
      1631 21 nooMwiTuai jun9 NMKt (Mwwdo*««at SJQpM KSS1 CONTVACTtf cMbAo) CfeM V«MM OpM M—O Mjfc S«tt (tBwwi) luttftst 5* 117.30 msS i»6J5 wo" 1 10?S *m* moo n7.5o moo tooo 765 S*M mi5 1090 Oct/fcc 9t ***** 123.75 123.00 00 4500 jMlfllar M 127.75 1575 *#r/J» 99 131.25 «SS 3
      1,631 words
    • Article
      WORLD STOCK MARKETS
      2193 21 Mustrtait Jmt tan *h 31 Croup 661.000 -6.400 AB Ports 363.000 -0.400 AMay National T102.500 -0.500 AMad Oomocq 599.000 -2.000 Aimc 206.000 unch Aid* Croup 188.200 -6.400 BAT Ind 614.000 -3.000 BG Pie 321.600 -2.400 BICC 157.000 -4.000 BOC Group 929.000 -15.000 BR Potrotaum 907.000 -20.400 BTR
      2,193 words
    • Article
      Lock icon TOKYO
      1594 21 Bloomberg Q Nikkei +am JAPANESE stocks rose, with the benchmark index registering its biggest one-day gain in a month, as a weaker yen improved the earnings outlook of exporters such as Sony Corp and Fuji Photo Film Co. "The consensus is the US has no choice but to let
      Bloomberg  -  1,594 words
    • Article, Illustration
      Lock icon HONGKONG
      1436 22 Reuters Q Hug Seng -115J7 STOCKS closed sharply lower yesterday In a rain-hit shortened session that saw buyers spooked by a weaker Japanese yen, brokers said. The Hang Seng Index lost 195.17 points, or 2.27 per cent, to 8,391.46 after hitting a low of 8,347.98, and brokers believed the
      Reuters  -  1,436 words
    • Article, Illustration
      Lock icon CHINA
      612 22 Reuters fl Shenzhen Blndei -L7l SHENZHEN'S hard currency B Share Index closed lower in light trade yesterday as investors waited on the sidelines to see the impact of the falling Japanese yen on the Hongkong dollar. The B Share Index closed down 1.71 points, or 1.87 per cent, to
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  612 words
    • Article
      Lock icon TAIPEI
      369 22 AFP Reuters QnUex -UXLM STOCKS dipped 1.8. per cent yesterday as investors took to the sidelines on the weakness of the local currency, dragged down by the Japanese yen's decline, dealers said. The Weighted Price Index dropped 135.64 points to 7,455.63, following a 0.6 per cent drop in the
      AFP; Reuters  -  369 words
    • Article
      Lock icon WELLINGTON
      253 22 AFP □Wellington -*3> NEW ZEALAND stocks were down 0.3 per cent yesterday on light turnover of NZ$7l.6 million. The NZSE-40 Index was down 6.26 points to 2,096.14 with Telecom Corp closing three cents lower to NZ$B.39. "It feels like the market is finding support around these levels," Craig and
      AFP  -  253 words
    • Article, Illustration
      Lock icon BANGKOK
      790 22 AFP □set latex -412 THAI share prices continued their slide to close down 1.3 per cent yesterday amid ongoing pressure on the local baht currency and a restructuring of the financial sector, analysts said. "The situation is unclear over the rumoured merger of Thai Farmers Bank pic and its
      AFP  -  790 words
    • Article
      Lock icon SEOUL
      399 22 AFP QOmposite latex -%M SOUTH Korean share prices lost 1.9 per cent yesterday on profit-taking and mounting concern over the weak Japanese yen, dealers said. The Composite Index closed down 6.66 points at 339.22. Volume was 76.5 million shares worth 398.7 billion won. "The yen's decline is a big
      AFP  -  399 words
    • Article
      Lock icon SYDNEY
      577 22 AFP Q All Ordinaries -18J SHARE prices slipped 0.7 per cent amid ongoing uncertainty surrounding the embattled Australian dollar, which closed below the crucial 60US cent mark yesterday. The All Ordinaries Index lost 18.9 points to 2,623.9. The All Industrials Index fell 34.7 points to 4,560.7 while the All
      AFP  -  577 words
    • Article, Illustration
      Lock icon JAKARTA
      680 22 AFP yiOempoatelalg +IJS SHARES closed 0.4 per cent higher yesterday showing support for shares with links to state-owned firms ahead of privatisation measures, dealers said. A dealer at a regional brokerage noted that shares in state-run cement company Semen Gresik and state mining company Aneka Tambang have been climbing
      AFP  -  680 words
    • Article
      Lock icon MANILA
      281 22 AFP fl Manila 4J PHILIPPINE share prices fell 0.3 per cent yesterday as investors stayed out of the market, waiting for leads. The Philippine Stock Exchange Composite Index fell 6.1 points to close at 1,924.49 points. Volume rose to 1.03 billion shares worth 1.162 billion pesos. Banking issues were
      AFP  -  281 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares up on late offshore-fund buying
        340 23 AFP W Composite Index +7,86 MALAYSIAN shares ended 1.6 per cent higher yesterday due to modest trade on late buying of blue chips by offshore foreign funds after a relatively quiet trading day, dealers said. The Composite Index closed at 505.64 points, up 7.85
        AFP  -  340 words
      • Article
        Untitled
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        8,172 words
    • WARRANTS & OPTIONS
      • Article
        Palmco wrt shows what can go wrong
        211 24  -  WARRANT WATCH -By! R Sivanithy WE focus today on Palmco's warrant, which serves as a fine illustration of what can go wrong with warrants in an ultra-bearish environment. The instrument expires in October 2000 so for now, time is not a problem. It
        211 words
      • Article
        Untitled
        3409 24 BONDS, LOANS t WAARANTS H* Lut Vat Day Lot Ouata Avf High Lm Stna Campany Sat* *ar- COOO) Mlph Low Buyar SaMar Prtca 2X5 9 m 3000 m~AMD6 C53H*****6 12 9 U3 20.5 8 3160 "Acar W*****1USS 9 -1 1 9 9 7 9 95 83 3164 Acma ******4 K)
        3,409 words
    • Article
      CLOB INTERNATIONAL
      2219 24 Transaction date Jun 9 MHW« •-**?-.*V:*V9 Or Or 1998 Laat v*l Day LaatQvot* Mr Mf W M M Cap M» L— «n» Cinwy Sat* POOP) L— Bwyar Mto C*w Pft 135 28 m 1 SOOO AIS8 50c 50.5 *05 96 51 485 505 51 5.0 13 22 20.4
      2,219 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
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      6,121 words
    • Article
      SESDAQ
      1128 25 Or Or M Wt 1998 Last V* Day Last Dwti Mv IN* YM MM Cap Av« Mm. Law »tMa CiiMT «aia POOP) HHP L— Bwyr 8a8ar Cw W WHa 134 79.5 a 2000 ABR HtdQt 5c 92 »1 5 92 92 »2 44.9 M 243 76 a 2049 ASAutolOc
      1,128 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        217 26 Stacks Volume Easyknit HKIOc 13,298,000 TAC BtIO 200 10,777,000 OSS Land 9,882,000 OCBC Foreign 9,288,000 SingTel 15c 6,308,000 0U8 Foreign 4,578,000 *M8f Capital 4,021,000 IPCCorpnSc 3,872,000 UOfl Foreign 3,743,000 Keppei Land50c 2,623,000 Stocks S OCBC Foreign 56,042.382 UOB Foreign 23,074,475 DBS Foreign 21,056,112 OilB Foreign 19,731,980 DBS Land 15,656,570 SingTel
        217 words
      • Article, Illustration
        HOT STOCK
        73 26  -  -by Shiv Taneja FRASER Neave closed 14 cents lower yesterday at $4 56 on volume of 1.6 million shares, compared with its 10-day traded average of 615,600 shares. The counter is trading near its two-and-a-half-year low, and the daily and weekly RSI and Stochastics are heavily oversold. However,
        73 words
      • Article, Illustration
        Yen worries overshadow news of banking reforms
        716 26  -  STOCK MARKET COMMENTARY Market fails to end loss streak as overall mood is underpinned by yen uncertainty and threat of yuan devaluation By R Sivanithy [SINGAPORE] Optimism over the latest guidelines for greater banking disclosure proved short-lived yesterday, as a valiant attempt by
        716 words
      • OH THE GRAPEVINE
        • Article
          American slant
          68 26 WITH the installation of an American chief at DBS, changes have been speedy. A vice-president told us that "capital markets" is now the new name for the "corporate finance" division. And the former "investor services" division is now called "financial institution groups". He quipped in typical Slnglish: "With
          68 words
        • Article
          Feeling exposed
          63 26 ON HEARING that the government has removed virtually every investment restriction on unit trusts under the Central Provident Fund Investment Scheme, one fund manager commented: "After complaining bitterly for so long about how draconian the investment restrictions were, we feel a little naked now that there are virtually
          63 words
        • Article
          An Indon play
          60 26 IT SEEMS 4D punters have been having a Held day with 3276 lately. The first two digits represent the number of years former Indonesian president Suharto was in power, while 76 was his age when he quit 'Hie combination is so hot that those who were not
          60 words
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          The McDonald's numbers
          126 26 NOW for some burger trivia. Did you Know that McDonald's now has more than 100 restaurants in Singapore and serves more than 40 million sandwiches here annually? And no, it's not the Big Mac that is the best seller in Singapore but the Filet-O-Fish of which health-conscious
          126 words
        • Article
          The Millenium Book
          174 26 WHERE will you be when the clock strikes midnight on Dec 31,1999? Big celebrations and observances have already been planned around the world, says The New York Times quoting Cox News Service. And Cox adds that if you Want to make the scene, there may be a
          174 words
        • Article
          On the road to survival
          11 26 media proti6*ssiona s i ing taxis
          11 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      168 15 j, v Looking for a phone system to meet all your business communications needs...one that boasts a whole range of Auto Attendant Capabilities* External Paging* advanced features but yet easy to use? STOP! Here's the Call Forwarding Line Queuing answer.. NHxuka I! Call Pickup Multi-Conferencing I Mkmtm phone systems are
      168 words
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      551 16 NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE 18 HEREBY GIVEN that an Extraordinary General Meeting of the Company wiH be held at 5-1 Kabuto-cho, NihonbashiChuo-ku, Tokyo 103-0026, Japan on 24 day of June 1998 at 10 a.m. forthefoflowtng purpoee of considering and if thought fit, passing the following resolutions as Ordinary
      551 words
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      Page 16 Advertisements Column 2
      404 16 *******************************************************11 SAMUDERA SHIPPING LINE LTD (Incorporated in the Republic of Singapore) SAMUDERA SHIPPING UNE LTD hereby gives notice that the Register of Transfers and Register of Members will be closed on 26 June 1998. Duty completed registrable transfers received by the Company's Registrar, M&C Services Re Ltd of 16 Raffles
      404 words
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      Page 16 Advertisements Column 3
      407 16 CHARN CHIANG HOLDINGS PTE LTD (la Mimlin' Voluntary WMb| Up) LIQUIDATOR'S OFFICE t 340-C Kiag Geom't Avenue King George's Building Singapore *****4 NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pennant to Section 90S of the Coaunniea Act, Cap. 30, the Fmal Meeting of the Conmany will be held
      407 words
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      204 17 NV i t .7 Jr*&/• £l- W*"* ife 4 4 wr ■J4 V .C*' ;\#iM-:■•./;■ *5: •4 ijfy v v'i V £rj r A** f',p V A \A\ 1 v r Vv v I- v* '••Vi J f liilroduciiiii Iw<> ol Singapore's 1 n osl wallied printers. i j •-.v
      204 words
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      517 18 ff.0.89 FUJI OFFSET PLATES MANUFACTURING LTD NOTICE IS HEREBY GIVEN that the 15th Annual General Meeting of FUJI OFFSET PLATES MANUFACTURING LTD will be held at its registered office, 54 Tanjong Penjuru, Singapore *****5 on Thursday, 25 June 1998 at 11.30 a.m. for the following purposes: AS ORDINARY BUSINESS 1.
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      Page 18 Advertisements Column 2
      834 18 Singapore #1% Technologies Industrial SINGAPORE TECHNOLOGIES INDUSTRIAL CORPORATION LTD (Incorporated in the Republic of Singapore) v', x NOTICE OF BOOKS CLOSURE AND DIVIDEND PAYMENT DATE Notice is hereby given that the Register of Members and Share Transfer Book of the Company will be closed from July 6, 1998 to July
      834 words
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      Page 18 Advertisements Column 3
      402 18 T M THE MATTER OF THE COMPAMES ACT, CAP 90 AND M THE MATTER OF (In Members' Voluntary Liquidation) Honcgornrtfli mmm NOTICE IS HEREBY GIVEN pursuant to Section 308 of tha Companies Act. Cap SO. that a Final Meeting of tha Members of tha abovenamed Company will ba haid at
      402 words
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      23 19 THE WORLD S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS BAHAMAS. JERSEY BRITISH VIRGIN ISLANDS MAURITIUS CAYMAN ISLANDS SEYCHELLES IRELAND WESTERN SAMOA www.ocra.com
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      Page 19 Advertisements Column 2
      115 19 IP SECURITY SO TIGHT, lilfl:!. N() T EV E A MOU s E MrttTg C; A N SLIP TIIR()U (i II immiiiii hi mTiTi ■yy; 1 lii I(i <1.1 s ir r d world. «i slr .1 111* 1 (.111 cIII c 1 (Mil (I II i 01 11 4
      115 words
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      158 20 k N 1 s K get more than your money's worth 11 r k Stay at Holiday Inn Golden Mile and you'll find your money goes further. A lot further. From just UK$lOl a night*, you'll enjoy discounted rates and upgraded services including free local phone calls, in-room fax (in
      158 words
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      Page 20 Advertisements Column 2
      8 20 business/ Services!^Sroducfo The Straits Times Classified Classifications 201-266
      8 words
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      28 24 The New Millennium Watch The New Centenary Faceted Watch ALFRED DUNHILL AT RAFFLES HOTEL THE PARAGON, NGEE AHH CITY, OUB SOGO RAFFLES CITY AS SELECTED WATCH RETAILERS. iljlliilil!^^
      28 words
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      618 26 BUSINESS NotiCeS To advertise call toll-free 1800-741 1883 rfßh NIPPECRAFT LIMITED Y 1 Notice of Annual General Meeting 1 To All Shareholders I NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held in the Board Room I at 9 Fan Yoong Road Singapore *****7,
      618 words
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      Page 26 Advertisements Column 2
      481 26 ENGINEERING PTE. LTD. NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General' Meeting of Twinwood Engineering Limited will be held on 26 June 1998 at 3:00 p.m., at Penjuru Close, Singapore *****8, to transact the following business: ORDINARY BUSINESS 1. To consider and to adopt the
      481 words
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      Page 26 Advertisements Column 3
      842 26 I THE STRAITS TIMES CLASSIFIED I YOUR GUIDE TO MORE PRODUCTS SERVICES L£T f i A i APOUJO €NTGRPRtS€S LTD (Incorporated in the Republic of Singapore) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the 30th Annual General Meeting of the Company will be held on Friday, 26 June 1998
      842 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      309 27 Bridge News Reuters RATES continue to fall for Panamax tonnage in the US Gulf. Lower rates were 9een for cargoes to South Korea and Japan. Fixtures TANKERS; The steady stream of activity in West Africa finally caught up with Suezmax rates, brokers said, bringing levels up to worldscale
      Bridge News; Reuters  -  309 words
    • Article
      MARITIME STOCKS
      275 27 u& w OCT Otoptution.. 0.425 *0.005 ST ChuanMi# 0J7 -OOl 10 Ca*c*lnvMtm*nt .aTO rMfKUnfcs oat uncti 201 GOHaMnga CU3 -QJ» K> HM Sun Hup 0.435 unch 17 Mttact* *osan 0 605 »0.0l U IMC Holdings _NK 5.60 Jaya Hotfnqs 0.41 unc* 10 Jurong Shipyard 0.00 *0.45 172 MppMCarp
      275 words
    • Article
      Industry warned of millennium bug disaster
      501 27  -  All aspects of shipping will be affected if problem is not addressed, conference told Reports by\ Marcus Hand [SINGAPORE] The maritime industry faces potentially disastrous effects at the turn of the century if it ignores the so-called "millennium bug". Speaking at a conference on
      501 words
    • Article
      Asian shipowners can voice views through existing IMO channels
      825 27  -  STRUT TALK By I Seafarer IN the United States, as Seafarer understands it, you know you are famous when the lawsuits start coming in. So perhaps the Asian Shipowners' Forum (ASF) should be flattered by the interest the US Federal Maritime
      825 words
    • Article
      PSA very sure of overcoming bug
      391 27 Bnt it is worried for its customers' computer systems [SINGAPORE] PSA Corp says that it is "very confident" that its computer systems should not be affected by the millennium bug. However, it is still worried about problems with its customers' systems. Robert Chin, head
      391 words
    • Article
      Bergesen gas carrier sale off
      78 27 [OSLO] Major Norwegian listed shipowner Bergesen says plans to sell its seven 8,000 cu m to 12,000 cu m Igloo gas carriers for US$2OO million (SS34O million) have been scrapped. A Bergesen statement said: "The buyer has not obtained the required financing within the time
      78 words
    • Article, Illustration
      Lock icon Shipbreaking a thriving industry in Blangadesh
      474 27 AFP [CHITTAGONG, Bangladesh] The shipbreaking industry which has developed along the coast of this south-eastern port city has become a potential source of revenue for Bangladesh. "The industry, run without use of any modern technology, meets 90 per cent of the raw material requirements
      AFP  -  474 words
    • Article
      Spanish firm in EU row
      77 27 [LONDON] Spanish state-owned ferry company Trasmediterranea faces severe finacial problems as a row between the Spanish government and the EU may end in the company not receiving any subsidies for non-profit-making serveies. Rival company Flebasa has alleged that a bidding process for the services favoured
      77 words
    • Article, Illustration
      Lock icon Relying on the trusty bicycle
      994 28 TRANSPORT ZN TIETMAM Still-poor nation's 30m bicycles are vital for transport, outnumbering motor scooters 6 to 1 and cars 60 to 1 The Los Angeles Times [HANOI, Vietnam] South-east Asia is turning its back on the trusty vehicle that moved the region into modern times
      The Los Angeles Times  -  994 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      335 28 PACE Ethiopian 6 ACl 9 Evergreen 6 ANL 3 W Accord 6 foongSwi 8 AfcrenkM M fro<i Appenship 5 Frt Links K AslaOCL 15 GUnk Astro 3 Gemartrans 8 Austral 9 Genshpg Avent 16 Glory He* K B tang Mas 8 HalSunHup 8
      335 words
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      SHIPPING GUIDE
      18445 36 THEBUSINESSTIMES THEBU sinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number MMWMHWHSMMaaMHMWMMMNNMMmMHHMMWWHR A To BREMERHAVEN (BRV) 2057 Germany To ABIDJAN (ABJ) 2003 n/M 02/07 Hyundai MM NOL AMAZONITE 014W 45-*****44 Ivory
      18,445 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        744 43 VmmI Voy Wo Brth Arrlvtl Ptparturt JM| Nrt Makcui on J» «ongji9« 09.0*0*45 MMlHH K J22 MWI*"* Cm Ikh OVN JU HtA«Ji4* 09.04/2100 MOM J13 HonqwH 04.04/2359 212 tV* JOT Hon*.* rt. 04/0700 WI 005* JU M*« M^woo M«MU| 424 J* 5£#22i ITM ttw tnt jn Ma** #04/0400
        744 words
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        CONTAINER SCHEDULES
        1689 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Bo lone* Rstls Ship Voy No Etb/Btr Ported From To From *a lw 3J n/070 w M/iwo M/HW M/HOO U 01/1700 01/0451 01/0*00 21 01/1700 01/0451 OT/0900 J M/0700 01/1151 OVMOO 4 f 01/1200 OWW 01/1700 mm oox iwooo 5
        1,689 words
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        GLOBAL HOLIDAYS
        158 43 Jan 10 Portugal National Day. Jan 11 Austria: Corpus Christl. Portugal: Corpus Christi. Jun 12 Philippines: Independent Day. ta IS South Africa: Youth Day. Jn 19. Finland: Midsummer Eve Holiday. Job 20. Finland: Midsummer Eve Holiday. Sweden: Midsummer Eve Holiday. Jan 23. Luxembourg: National Day. Jon 80. Brunei:
        158 words
      • Article
        COCKETT BUNKER MARKET REPORT
        799 43 THIS report compiled by Cockett ,<4ar ine Oil Ltd. shows pric* rmngn In Us dollar* i.ittead of tingle prICM for more comprehensive description of the market Pricet shown arc baaed on iverage-ilied stem. Market movementa are 'ndlcated The Cockatt Bunker Price Index chance and the Individual
        799 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        389 43 Carbon 1(0 Mai 992.2 1.0 W.O 0.10 T2 0.07 I*m A Damtt» Watar RaiMua A»h Aluminium MtlMflt No »6ovt E2S T 0 12 0 0 0 300 Aw 907.3 0.2 16.7 0.06 32 0.03 300 Mai 991.5 0.0 19.5 0.16 72 0.09 Kl/Wi »M/M m/m WW
        389 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Return to work, Ramos urges striking PAL pilots
        388 44 Philippine president tells management and strikers to resume negotiations AFP AFX-Asia [MANILA] Philippine President Fidel Ramos yesterday urged striking pilots at Philippine Airlines (PAL) to return to work, saying the five day-old disruption was an embarrassment to the government. "It is the
        AFP; AFX-Asia  -  388 words
      • Article
        Lock icon Boeing sued for alleged discrimination
        294 44 16 black workers seek class-action status for lawsuit Bloom berg [SEATTLE] Boeing Co is being sued in federal court in a complaint alleging racial discrimination against blacks in the workplace. The complaint, filed in the US District Court in Seattle, seeks to broaden the scope
        Bloom berg  -  294 words
      • Article
        Lock icon UK set to privatise air traffic control
        150 44 AFP [LONDON] Britain's Labour government is set to break another taboo by privatising the country's air traffic control system, to raise £500 million (Ssl.l million) for transport infrastructure spending, it was reported yesterday. Labour, which in March announced plans to bring in the
        AFP  -  150 words
      • Article, Illustration
        Lock icon Kai Tak dosing down sale
        58 44 [HONGKONG] A traveller shops for discounted wallets at a shop in Hongkong's Kai Tak International Airport which is holding a "closing down "sale. Kai Tak, known worldwide for its spectacular but dangerous landings and take-offs, will close permanently on July 5 when the new Chek
        AFP  -  58 words
      • Article
        Lock icon Japanese auto parts makers to raise stakes in Asian units
        215 44 AFP [TOKYO] Japanese auto parts makers are raising their stakes in subsidiaries elsewhere in Asia to ease difficulties in raising funds during the economic crisis, the Nihon Keizai Shimbun said. Showa Corp will raise its stake in Summit Showa, a
        AFP  -  215 words
      • Article
        Lock icon United Air forecasts profitable year in Asia
        152 44 Reuters [NEW YORK! United Airlines expects to be profitable in Asia in 1998 despite economic woes in the region that have eroded airline travel. UAL Corp president John Edwardson said said United has cut about 12 per cent of its capacity in Asia
        Reuters  -  152 words
      • Article
        Lock icon BMW to sell new Mini car under own brand
        135 44 Bloomberg [MUNICH] BMW AG said it plans to market and sell the first major revamp to the 39 year-old Mini city car under its own brand name, divorcing it from its creator Rover Group pic. The car, which was first produced
        Bloomberg  -  135 words
      • Article, Illustration
        World's first B777-300 coming to S'pore
        426 44 [SINGAPORE] The world's first Boeing 777-300, the longest commercial aircraft, flies into Singapore tonight in the colours of Hongkong's Cathay Pacific Airways. Cathay was among four of the world's airlines to be the first to place orders in 1995 for the 777 300s. At
        426 words
      • Article
        Lock icon GM shuts down 5 assembly plants
        399 44 More plants expected to close due to strike-related parts shortage Bloomberg [DETROIT] General Motors Corp shut down five North American assembly plants because of a strike-related parts shortage, a sign that the world's largest automaker is willing to sacrifice profit now to improve plant
        Bloomberg  -  399 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1592 44 CITY FUCHT HA FU6HT 00 M I T Hww4 ****** 1310 VN742 0905 ->— ww r St 22 "sol" 0755 ItolTri MO M MI894 0735 KU37 M55 ***** 640 T8406 1635 Aactlmd N***** 2050 W4285 2045 ATW Q» WW 2135 S02M 2050 ***** 2045 MTMMm *****
        1,592 words
  • Page 27 Advertisements
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      16 27 Vietnam relies on the trnsty bicycle Still-poor nation's 30m bicycles are vital for transport. Page 2
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      Page 27 Advertisements Column 2
      165 27 PAL pilots urged to return to work Philippine president tells management and strikers to resume talks. Back Page neuus travels fast SIN( i \l'( )RL when \ou want u» reach out to a select target audience in tho transport and logistics indusln. onl\ one dail\ oilers \on.the advantage of maximum
      165 words
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      1106 28 1 N0 T m HAM mCA 1 Ictpowrl I OTHlRauMifgsn *5* wr mis* im mi nou cm m unman Tiiui vo t i* mmuamuo ouuuvßmiu icauao 10 «ukw mtoiuuu vacuum =s ——STST ww*** re*rw~rc7P i 7n —ta7irH7jr-&7«> —m*r —«T7H SSS7" SS US 2% XS M lass: I l'vh»l'y I ln»
      1,106 words
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      Page 28 Advertisements Column 2
      570 28 NEW ADVERTISER I iiul i nil ni«>iv .11>* >ni ilk'ii sci kv: I 111 II It I*ilt»C* EXPORT 3 x Jopon •2 x Hongkong •1 x MonOo ■1 x XWikjnfl, Kodung lAcwpNni PCI to IKK/NAHA/StNDAI/g»UACH) tarnrr oni owo om ipjp iio* an mum xj>p »jp taumm QUI iojo IHP it*
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      1032 29 Rio •> TO EUROPE FROM EUROPE pSsa VOY SIN ItTM AND HAM MV SOU IXT lEH ljvßM VOY RTM AN* HAM WV SOU ICT UN SIN NOt AMAZOMTI 014W 11/04 04/07 01/07 02/07 29/04 MOl PEARL 0071 21/05 25/05 27/05 22/05 14/04 LA LOME 521W 12/04 2«/04 30/04 03/07 04/07
      1,032 words
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      Page 29 Advertisements Column 2
      1492 29 (P) HANJIN SHIPPING HANJIN SHIPPING (S) PTI ITO tap hnpn cam IOMING *****35 237 SALES *****24 23» DOCUMENT *****71 274 OKttllOtt *****41 252 MAiN UNE *****55 HI *****40 MHO 11 534******* TO NW USA A CANADA] USA CANADA' fPOVSt/VOY |l« ill UM HAIH/VOY |«> 1 TIW IMI PM 0« MSP
      1,492 words
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      Page 29 Advertisements Column 3
      343 29 FULLY CONTAINIIIfID PBPICATIP fiRVICIt VESSEL VOY_ SIN K6 VOT SMI HK6 KEI USN PUS W/M L^l lIIBCHONGKONG MIS 31/ OS 02/04 SPIN 03/04 07/84 04/04 11/84 12/04 SSwTAMUL OK I 07/ M I |KMTt ULSAN MRS ljj/06| M/fi KMKWSAN M7S QS/04 12/04 14/04 14/04 17/01 fSiTC KFFIUMG M4S I 14/04
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      1557 30 DSR SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITERRANEAN/CANADA «"tl WW «H tfH HTM AHB HAM ORV FLX VESSEL jw>Y SIM JED I BIT I SPE F0» I VIC ImTO HAIUN SAVANNAH WQO27 12.00 03 87 04 07 0(07 03 07 (5 07 PACIFIC SENATOA WNO27 1101 HOI ».00 30 01
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      Page 30 Advertisements Column 2
      1447 30 MY UNE Internet W«b Site http: //www.ymJ.com.tv* 'JLtiLH-f tk < E-mail Addr— c»ohp72o.yml.com.tw TWICE weekly EVWY THURSOAY^UMMY VESSEL VOY SIN RTM HAM FXT LEH ANR MING MOON AB23W 11/06 05/07 03/07 30/06 05/07 MING SOUTH JB23W 14/06 01/07 03/07 04/07 06/07 DOVER BRIDGE AB24W 19/06 11/07 09/07 08/07 13A)7 MING
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      Page 30 Advertisements Column 3
      461 30 LINE Br tils IIU4M rui uiini MUARA H 1 LABUAN vissa voy no fta vtssu vot no ra SfOM MUAIA SWM UN J.r«OS«« VISf/M 11/ M 14/06 J.WOSKI VISI/W 11/0* IS/0* APWaOtY Vl*/* 15/0* 11/06 AUtOOtr VISI/W IS/0* 19/06 J.P*OS«« VI6I/91 21/06 24/06 A WOSfB VI6I/W 21/06 75/06 *maorr Vl6t/90
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      1596 31 VESSEL VOY' SIN PGU PKG PEN BLW SUR PUB BA BIK IRAN TEYFOURI PJL 1287 08/08 17/08 18/08 IRAN MOBIN PJL 1283 20/08 29/08 30/08 IRAN GHEYAMAT PJL 1292 05/07 14/07 15/07 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN 8 CIS COUNTRIES I.E. AZARBAIJAN. ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIRGISTAN.
      1,596 words
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      Page 31 Advertisements Column 2
      1944 31 SAILING I TO SHANGHAI XINGANG J I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TfcntlMO FAX: *****0J OUTWARD [l/ll 4205M2 I COSTAR SHIPPING PTE ITD #17-OSDBSIIDG SALES/BKGS 4205»41/43 INWARD D£PT (D/ 0) *****15 COSTAR AGENCIES (M) SDN BHD CBNO: **********0 M TOWER TWO (06M09) COHVEHTIOHAL *****50/55 T/SHPMT DCPT *****25 TEL 02HD7.3SM16^02
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      Page 31 Advertisements Column 3
      557 31 It—, EASTERN CAR UNER, LTD."rI aXT I_t_l Eg (SINGAPORE) PTE ITP SZZHi I SPECIALIZE IN RORO fc HEAVY UFT UPTO 122 TONS ECL (SINGAPORE) PTE LTD LOADING FOR HO CHI MINH/HAI PHONG COLOMBO MV "ORIENT ROSE" V.25A MV "ORANGE MOON" V.102 ETA StN 07/06/98 ETA HCM 10/06/98 ETA aN 09/06/98
      557 words
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      1340 32 EUROPE7UK/SCANOINAVIA/HNLAHD/RUSSIA SGP RDM ANW H6G TMP ZEE LHV LHV THP ROM ANW MBG PKL SGP E. DECENT RW-004 14/tM 02/07 07/117 03/07 05/1)7 06/07 E GAINING RE-063 17/05 19/1)5 20/D5 It/OS 22,1)5 15/06 16/06 E DELUXE RW 003 21/06 10/D7 15/07 11/»7 13/07 14/07 15/07 E GOODS RE 061 26,-05
      1,340 words
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      Page 32 Advertisements Column 2
      835 32 amMAC-lIELS S'fORE M'SIA I Carrier: MN CONTR LINES, INC p. gudang: ot) *****26 I I\~/\ J on MO: **********0 C SJBU: (084) *****8 MANILA: (632) *****24 V f w PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 KUCHING (082)*****1-3
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      Page 32 Advertisements Column 3
      436 32 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VtSStl 1 VOT I SIH j ttU 1 out I CTT I »/MT NANTAI VENUS VO27S 12/ M 21/04 ;t/04 01/07 04/07 GOIOfN DBAGON VOOSS 11/08 77/04 01/07 04/07 KANUIPBDKESS VO72S 25/04 13/07 17/07 MjWM QUEEN V.028S 00/07 17/07 21/07 24/07
      436 words
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      376 33 BSfl x M MYANMA WBk FIVE STAR UNE (Myomnar National Liat) Loading for Yangon (Rangoon) VESSEL VOY SIN PKG KM PGU I AGO 102W SIB MONGU 15W It/04 MALAYSIA AGENTS: KMJSTIAO SHIPPING AGENCIES KM: TH 02-03-*****00 Mil; Til 02-03-*****01 PEN: TU 02-04-*****02 PGD: TH 02-07-*****21/4 BANK LINE (A strvict of
      376 words
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      Page 33 Advertisements Column 2
      1160 33 IA HYUNDAI MERCHANT MARINE CO. LIP. vqy I sou uw rtm aw ham brv re sw NOl AMAZOMTf 016W 11/06 29/06 04/07 01/07 02/07 HYCOMMOOOW 3121 18/05 23/05 20/05 21/05 11/06 LA LOME 521W 12/04 03/07 04/07 28/06 30/06 2£5 2v5 24/05 J'®* HY GENUAL 312W 15/06 01/07 02/07 04/07
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      Page 33 Advertisements Column 3
      1101 33 fIV JIB 4V norwgion specohred auhxornen irn/ mm sn Qsmts MT Wmi/N£S TO NORTH AND UTIN AMERICA ™R0 HCAYYUFT SERVICE" [vfSHi VOY I RAMP HEIGHT {111 LAX Cltt NUA SAV ML Off NYC WW MM TOM WJT" 4001 ms urn iWWor ***** m7oT WoF WoT «7oT w/07 3T76T oi/o« TAROMGA
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      656 34 lANOKOK/LABM CHABANG JAKAWTA/PANJAHQ VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN NANTA BHUM" 397N In Pt 13/06 14/06 THANA BHUM 290S In PI 13/08 SINO OCEAN OCNQ6S In Pt 13/06 GURU BHUM 81S In Pt ***** XETHA BHUM 236N 11/06 14/06 GURU BHUM 81SB 11/06 14/06 MATHU BHUM
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      Page 34 Advertisements Column 2
      509 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL: *****88 FAX: *****64 TLX: R*****5 SINMER M CR No: **********0W Receiving Cargo at PTI I Blntulu I Muara 1 VtSSfl VOY SIN |TU VOY SJN MUA litki V9BOBE 14-17/06 77/06 *»*«H V9«l« b*-l 1/06 14/06 BSena VWI2E 2021/06 26/06
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      Page 34 Advertisements Column 3
      603 34 1 ACCORD A SHIPPING PTE LTD TIL: *****15 (40 Umi) FAX: *****50 KfTKIAMC (031U***** K M DIRICT ACCCSS TIL *****55 (EXPORT BOOKING) nSK (MDAHO ftf) IS I IV/ *****34 (EXPORT DOC), *****39 (IMPORT) PfNAMG (04) UJ1441 URL; HTTP://WWW.ACCORD.COM.SG IAKAMU (111*401/71 PONT ITA SIN POUT ITA SIN PORT ITA SIN PORT
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      Page 34 Advertisements Column 4
      36 34 LNS EXPRESS (S) ETE LTD BIK 217 Henderson Road, #o**l4 Henderson Industrial Parte Singapore *****5. CR NO: **********0/H Air-Sea International Freight Forwarders ¥ijARA I Also accepting Heavy Lift Project Cargo Tel: 65-276 7996 Fax: 65-276 *****
      36 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      394 35 INDONESIA NATIONAL LINE TO EUROPE I EXPRESS SEMI-CONTAINERISED SERVICE VSI VQY I TPMt A OAM/B QAM H BUBO BREMEN ANTWERP A VESSEL 47W8 22/07 27/07 OMIT 02/08 TO AUSTRALIA I FULL CONTAINER SERVICE m |voT~pKnSTfflT w w «a m* <n Pto KWIOYD BWSIAX VI S74S IMS IMW ZU» tVUtm Ml
      394 words
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      Page 35 Advertisements Column 2
      827 35 f PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I CR NO: **********0E I VtSSIL VQY PKL «N SYP MB HI ftt HH| OOQACOAIW 015 12/6 11/6 VJ± V 7 10/7 11/7 mnsmi rwiM mz ~lb W *n "n \[/J JMZ OOQAgUTY
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      Page 35 Advertisements Column 3
      733 35 VESSELS VOY SIN JED MLA LEH HAM THP RTM ZEE VMXE 06 TAURUS A2BW 18/06 24/08 29*06 06/07 08/07 06/07 QSW7 OBHO7 VILE C AQUARIUS U2BW 23/06 01/07 06/07 12/07 13/07 15/07 15/07 16/07 VILE OE ANTAREB L2BW 30/06 08*07 13/07 18/07 20/07 22/07 22/07 23/07 VXEDEVMOO S«W 07/07 15/07
      733 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      44 37 onaemancT —(Retrieve more schedules!) SjR Press *1" JETV Select the port and key in the four digit code eg: To New York (NYC) 2275 sj£> Key in your fax number I your phone number Another innovative service offered by dOCUITient Will be shipping Times
      44 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      52 39 STBlf| Dial 740-6000 on demand] —JmJ (Retrieve more schedules!) Press "1" Select the port and key in SIEKS the four digit code eg: To New York (NYC) 2275 ste£ Key in your fax number I your phone number Another innovative service offered by 1 he document will be shipping times
      52 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      872 40 SAMUDERA 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 NO. **********00 BOOKINGS CAL LP IRE C TLIW E: *****41 /43 JE SSIC A/ C E LIA /M EI CHAN 7 SLGS/WEEK 2 SLG/WEEK VESSEL pVOY SIN |VESSEL
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      Page 40 Advertisements Column 2
      607 40 \«mm ENG LEE SHIPPING CO PTE LTD I IoCA T«l: *****75 (6 IImi) fan *****35/5324U0 an,; mmoooox VESSEL VOY SIN HA SIN ETD DESTINATION Unggul Joyo 08/98 01/06 09/06 Perowong/P Bwu/Dumoi Union Slot 8 07/98 07/06 09/06 Oumo/Buoton Mo«oPolo24 09/98 09/06 10/06 Perowong Usoho Boru 07/98 10/06 12/06 feknmn Union
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      Page 40 Advertisements Column 3
      472 40 SIN FAR EAST 14/06 KEELUNG/KAOHSIUNG 14/06 BANGKOK 15/06 MANILA/CEBU 14/06 JAKARTA/BELAWAN/SURABAYA 14/06 PORT KELANG/PENANG/E. MALAYSIA 17/06 BUSAN 14/06 TOKYO/YOKO/KOBE/NGO/OSA 14/06 HONG KONG SIS CHINA 14/06 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG Tl ANJIN/QING DAO/HAIKOU SIN EUROPE/UK 14/06 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 14/06 LOS ANGELES/NEW YORK all
      472 words
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      Page 40 Advertisements Column 4
      428 40 rcre Singapore Soviet Shipping |NuCo. Pte. Ltd. B)) CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL SEA SUCCESS 1 114N 13/06 21/06 04/07 06/07 KOTARUKUN RKNOOS 21/06 29/06 11/07 13/07 KOTARATU RTUOI3 28/06 06/07 18/07 20/07 SEA SUCCESS 1 115N 06/07 15/07 27/07 29/07 For Booking (Calcutta) Tel:
      428 words
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      Page 41 Advertisements Column 1
      1113 41 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVKE] I VESSEL I VOY I SIN I CMB PIR GOA I VIC LEH AMR FXT MSC JAMIE 001R 11JUN ISJUN 24 28 JUN 01 JUL 02 JUL 03 JUL MSC OSAKA 008R 13 JUN OMIT OMIT OMIT OMIT 16 JUL 13 JUL 14
      1,113 words
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      Page 41 Advertisements Column 2
      1810 41 ISfggg" ffk "I'ofe —230* IW STM HAM I p yppM j Kqpi I nagqya jwnfl [Tpg^ HOECHST EXPRESS 39WA23 11.06 27.06 29 0* 30.06 04 07 NYKSMRIS 01EA20 17.05 19.0$ 20.05 23.05 09.06 1541* 16.06 204)* 1106 POHI SOUTHAMPTON 01WA24 1106 04.07 0107 0707 11J7 NYKANTARES 04EA21 2105 2105 27.05
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      Page 42 Advertisements Column 1
      526 42 VESSEL VOY SIN MAA SIN TIGER WAVE 630N 17-17/06 21-27/06 02-03/07 TIGER BAY 631N 19-20/06 25-02/07 07 08/07 TIGER ISLAND 632N 21-22/06 27 04/07 09 10/07 TIGER BRIDGE 633N 24-25,06 30-07/07 12-13/07 TIGER WAVE 634N 02-03/07 08-14/07 19-20/07 TIGER BAY 635N 06-07/07 12-19/07 24-25/07 I VESSEL VOY SIN CAL SIN
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      Page 42 Advertisements Column 2
      843 42 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg CONSOLIDATION SERVICE TO THE FOLLOWING PORTS SHANGHAI (SHA), LAEM CHABANO (LCB), MALTA (MLA), CEBU (CEB), ISTANBUL (IST), BUINOS AIRES (BUI) VESSEL ETD SIN ETAAIY ETA MLA ETASTN ETA BUI ETA LCB OOCL NCTHERIAND
      843 words
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      Page 42 Advertisements Column 3
      970 42 OOCI (Singapore) Pte Ltd CFS Keppel Distrpk 79 Anson Rood #21-04 (S) *****6 *513 #01-121 QPi CR NO **********0H W: 272 7127 F* kokb§ Ufc *****13 F« 22) 3942 F«: 272 7*25 (ffi) j Jf OOCL (Malaysia) Sdn. Bhd. PCTALING JAYA T«t 03-754 776 F.x:o3-7545 342 fo J269 180 PfNANG
      970 words
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      119 43 LEGEND: Thunderstorm Temperoture *q V Shower Weother Wind direction with speed in knot* Ron vy Cloudy Sky Wov hoight Serfoce win* or* indicted by orrew, which «y with the wind Qy On* M c*de ronton cokn or light ond vonobie winds i-_ One hoW Heche represent, 5 knot* K* Heche
      119 words
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