The Business Times, 7 July 1998

Microfilm: NL21203
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    19 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c S I N G A P Ok E Internet: http://www.asial.com.sg/biztimes TUESDAY, JULY 7,1998
    19 words
  • Article
    MARKET SUMMARY
    66 1 □srn 1427 a (+4.84) BT-SRI 473.77 (-2.74) BTOOMP ***** (+2.45) BTMGA 596J3 (-2.51) B MARKET MOOD: Hired STOCK MABKET INDICES Monday Change KLSECOMP dosed NIKKEI 16,160.46 -160.79 HANG SENG 8,484.12 -166.19 SET INDEX 271 -174 JAKARTA COMP ......dosed MANILA COUP 1364.39 -4.88 TAIPEI WPI 7394.86 +18.61 SEOUL COMP
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  • Article
    FINANCE
    83 1 FOREX RATES uss s$ US$ 1.713 £(US$/S$ per 1.6-19 2.806 DM 1.814 0 944 YEN 140.6 liI8* RM 4.151 0.413 HK$ 7.748 0321 BAHT 4136 0.04I RUPIAH 14.500 0.0I2* •St to 100 units PMME SATES SINGAPORE* 7 88 KlIALA LUMPUR 11.50 JAKARTA .28.00 BANGKOK 14 75 MANILA 22.90 HONC.KONG
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  • Article, Illustration
    Lock icon S$ falls 2 cents on report of Brunei prince's losses
    508 1  -  Softness of yen, RM also cited as possible factors for S$ closing at 1.713 By Larry Wee [SINGAPORE] The Singapore dollar fell almost two cents against the US dollar yesterday morning on a weekend report that Brunei's largest private company
    Source: Bridge  -  508 words
  • Article
    Singapore govt to give $12m in food, medical aid to Indonesia
    302 1  -  By I Chuang Peck Ming [SINGAPORE] The Singapore government yesterday announced that it is extending $12 million in humanitarian aid to the people of Indonesia. This is in addition to the $5 million aid already raised privately by the
    302 words
  • Article, Illustration
    Lock icon Up to 5m Indonesians face famine this year: govt economist
    1232 1  -  From Shoeb Kagda in Jakarta IN what is the most dire forecast to date of how the economic crisis has hit Indonesia, a senior government economist has predicted that between three and five million Indonesians face famine this year as
    FILE PHOTO  -  1,232 words
  • Article, Illustration
    Lock icon STII surges in late rally as European funds move in
    370 1  -  By' Ven Sreenivasan [SINGAPORE] Share prices made a remarkable recovery in late afternoon trading yesterday as European funds went into selective buying of blue-chips. The pattern of yesterday's trading seemed to confirm suggestions by several foreign institutional dealers that new
    Source: Bloomberg  -  370 words
  • Article
    10 execs, shareholders of listed Thai firms blacklisted
    476 1  -  Up to 40 execs of failed finance firms may be arrested From Harish Mehta in Bangkok THAILAND yesterday moved to clean up the beleaguered corporate sector by blacklisting 10 executives and shareholders of listed companies for breaching listing rules. It is also
    476 words
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      171 1 prsmE Fresh round of turmoil? The yen is likely to fall to 155 to the dollar next June, triggering another round of currency turmoil in Asia, says an economist, Pf 2 Ifc I ips i i t The Pioperly Cohmm Developers are using a new pitch to sell the tens
      171 words
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      254 1 These two exquisite watches, in the shape ff W of peaches, are called <<For China>>. .3 The craftsmen of Geneva were renowned for their mastery of enamel and v( -9? these watches are a triumph of a their art Bv their efforts the subtle gradations of colour found in the
      254 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      More turmoil for Asia on the cards: economist
      503 2  -  Ten likely to fall to about 155 to dollar by next June; Fed may lower rates Hy Vikram Khanna THE Japanese yen is likely to fall to about 155 to the dollar by next June, possibly setting off another round of currency
      503 words
    • Article, Illustration
      Lock icon New investments in Suzhou Park hit US$495m
      408 2  -  It is likely to meet USsBoom target for the whole year By. Lu Ning SINGAPORE'S flagship investment project in China Suzhou Industrial Park (SIP) attracted US$495 million (*****.9 million) new investments in the first half of this year, well on track towards its
      FILE PHOTO  -  408 words
    • Article, Illustration
      Lock icon Calling all shoppers
      82 2 HERE S oneway to get people to part with their money: combine Singaporeans 'favourite pastime shopping and their love for mobile phones. These shoppers were seen yesterday checking out a Philips Twist handphone at a booth in Marina square. Shoppers need only spend $60 at the shopping
      ARTHUR LEE  -  82 words
    • Article
      Mitsubishi Chemical unit eyes $1b sales
      444 2  -  %J< Jennifer Lien MITSUBISHI Chemical Infonics (MCI), which makes hard disk media, optical disks and organic photo conductors (OPCs) here, expects its sales in Singapore to jump almost six times to $1 billion by the year 2000. The increase from $167 million last year
      444 words
    • Article
      Euro may divert investment flows away from Asia
      290 2  -  lh,. Audrey Tan DIRECT investment flows into Asia may weaken further with the advent of the euro next year, a Barclays Capital analyst said yesterday. Desmond Supple, head of Barclays' Asia Pacific economic research, said the euro may divert foreign direct investments
      290 words
    • Article, Illustration
      Lock icon Bleak outlook for local stocks
      312 2  -  EYE ON THE ECONOMY Equities By Ven Sreenivasan THE Singapore stockmarket's Straits Times Industrials Index has fallen almost 27 per cent since the beginning of this year as share prices were pummelled by the deepening economic crisis in the region. The benchmark closed yesterday at
      Source: Bloomberg  -  312 words
    • Article
      S'pore corrects Bernama report on shifting of customs
      157 2 SINGAPORE'S High Commissioner to Malaysia has written to Bernama, the national news agency, to correct a factual inaccuracy in its July 3 report on the shifting of customs, immigration and quarantine (CIQ) facilities from Tanjong Pagar station to Woodlands. The Bernama report
      157 words
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      314 3 -IvKkv--f™'|Hp I 1 I Some people get I I all the breaks. I n e t^lere are breaks and there are Great Breaks." This couple is enjoying a few months of travelling and taking advantage of the "Great Breaks" Promotion, it Great Break. We put the pleasure back into business
      314 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Can't-get-worse is the new sales pitch
      646 4  -  THE PROPERTY COLUMN Developers need the new approach to sell the tens of thousands of condominiums and houses in the market By Lee Han Shih YOU know the housing market is in bad shape when developers start telling people that things are worse than
      646 words
    • Article
      Rental market
      781 4 POSTAL STREET/ESTATE RENT LAND BUH.T NO OF (SS) (SOFT) (SOFT) BDRMS Landed Property BUNGALOW 1026 Belmont Rd ***** ***** 5500 5+2 1128 Raffles Pk ***** ***** 6000 4+1 1128 Shelford Rd ***** 8500 6200 7+1 2573 Pinewood Gr ***** 8900 5600 6+1 2880 Sunset Dr (2 Storey) 6000
      781 words
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      237 4 LIM HOCK KIM BUILDING 29 OXFORD ROAD SINGAPORE *****2 TENURE Freehold (Lot 1584 TS 18) LAND AREA Approx. 1341 sq.m. or ***** sq. ft. BUILT IN AREA Approx. 2509 sq. m. PLOT RATIO 2.8 (Redevelopment Potential) LOCATION Approx. 3 mins walk to future Farrer Park MRT Station. Next to Kentish
      237 words
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      202 4 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. <Sf Another Classified I CAT S -1 Service FOR SALE BY PRIVATE TREATY I Z oiy se- ***** HENDERSON ROAD /i Tiong Bahru j ala MHT Stahon fiaag 30% stake of an 8-storey warehouse
      202 words
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      16 4 i Joint Marketing Agents Knight Tan Kok Eng Frank Property Consultants 228 6894/228 6897 251 7387
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      6 4 jgggS" REEL life in Life! llieStraitsTimes
      6 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Myanmar Opposition warns junta of impending disaster
      484 5 BANGKOK Serious social unrest set to erupt, it says; but diplomats say claims exaggerated AFP OPPOSITION groups said yesterday that serious social unrest was set to erupt in Myanmar as the country slid towards "total disaster". Myanmar was in "utter chaos" and the
      AFP  -  484 words
    • Article
      Lock icon Hanoi may go for full privatisation of state finns
      412 5 HANOI New decree shows it's switching from partial sell-off plan Reuters VIETNAM is broadening the scope of plans to sell off stakes in state-owned firms with a new decree that allows some companies to be completely sold off. Foreign economists said
      Reuters  -  412 words
    • Article
      Lock icon Sabbaruddin: Why should I apologise?
      140 5 KOTA KINABALU Bernama MALAYSIAN Culture, Arts and Tourism Minister Sabbaruddin Chik yesterday said there is no need for him to apologise for criticising the organiser of a Rotary Club convention to be held in Singapore next year. He said it was the organiser who should
      Bernama  -  140 words
    • Article, Illustration
      Lock icon Former M'sian central banker dies
      128 5 KUALA LUMPUR AFP ISMAIL Mohamed Ali, a former Malaysian central bank governor, died yesterday at age 79. Ismail, who was admitted to the Ampang Putri Specialist Hospital 10 days ago, died following complications from flu, Bernama news agency quoted his son Iskandar Ismail as saying.
      AFP  -  128 words
    • Article
      Lock icon Thailand to consult Malaysia Indonesia on quitting Inro
      360 5 BANGKOK Ministers to meet on Jnly 24-25 on whether to pnll out Reuters THAI, Malaysian and Indonesian ministers will meet on July 24-25 to formulate a common stance on whether to withdraw from the International Natural Rubber Organisation (Inro), a senior Thai
      Reuters  -  360 words
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  • ASIA'S ECONOMIC SLUMP
    • Article, Illustration
      Lock icon Economic woes getting more severe, warns BOJ
      592 6 Ten and stocks fall on Hashimoto's confusing remarks on income tax cuts AFP [TOKYO] The Bank of Japan governor yesterday warned of the growing "severity" of the nation's economic conditions. as the yen and stocks fell back on Prime Minister Ryutaro Hashimoto's confusing
      AFP  -  592 words
    • Article
      Lock icon Hongkong's GDP will fall 2% this year, says HSBC
      334 6 AFP [HONGKONG] Hongkong's gross domestic product (GDP) will fall 2 per cent this year, Hongkong and Shanghai Banking Corp Ltd said yesterday. Hongkong Bank, a unit of HSBC Holdings pic, said the economy is likely to continue to contract until the
      AFP  -  334 words
    • Article, Illustration
      Lock icon Money trees yield US$1.8m harvest
      82 6 [BANGKOK] Employees of the Bank of Thailand in Bangkok carrying offerings collectedfrom citizens to help Thailand repay its foreign debt yesterday. In Thailand, money is traditionally solicited by using a tree, to which donations are placed to look like leaves. Buddhist monk Phra Maha Bua
      REUTERS  -  82 words
    • Article
      Lock icon Thai govt set to approve first portion of US$5b bond issue
      316 6 AFP [BANGKOK] The Thai finance ministry will seek cabinet approval this week to release the first portion of its US$5 billion (SsB.s billion) global bond issue, a ministry official said yesterday. Cabinet would consider an initial release of bonds
      AFP  -  316 words
    • Article
      Supachai in the ascendant to Tarrin's dismay
      648 6  -  PM Chuan backing commerce minister who favours a cut in interest rates From Harish Mehta in Bangkok THE tussle for power between the two top economic ministers in the Thai cabinet has, for the first time, swung decisively in favour of Commerce Minister
      648 words
    • Article
      Lock icon Seoul's benchmark interest rate tumbles
      476 6 Yield on 3-year corporate bonds falls to 13.8% Bloomberg [SEOUL] South Korea's benchmark interest rate tumbled to its lowest since the International Fund (IMF) organised a record bailout for the country in December on optimism the IMF will let the central bank print more money
      Bloomberg  -  476 words
    • Article
      Lock icon Kim agrees not to push chaebols on swap plans: report
      271 6 AFP {SEOUL] South Korean President Kim Dae Jung has backed down from threats to force Seoul's family-owned businesses to swap units among themselves to help slim down unwieldy industry, reports said yesterday. The apparent climbdown came during a meeting between
      AFP  -  271 words
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  • CHINA HONGKONG TAIWAN
    • Article, Illustration
      Lock icon HK's Jan-May hotel occupancy fails to 72%
      466 7 HONGKONG Lower tourist arrivals, down 23%, also hitting restaurants, retail AFP HONGKONG'S average hotel occupancy rate in the five months to May this year was 72 per cent, the Hongkong Tourist Association (HKTA) said yesterday, amid a slump in tourist arrivals. The average
      AFP  -  466 words
    • Article
      Lock icon US and China plan joint military exercises: paper
      248 7 BEIJING AFP CHINA and the United States are planning joint military exercises to start undoing years of mistrust between the two sides, the official China Daily reported yesterday. In an editorial to mark US President Bill Clinton's landmark visit here, the newspaper
      AFP  -  248 words
    • Article
      Lock icon Taiwan to sign US$13b rail deal soon: minister
      316 7 TAIPEI Talks with bidders open after expiry of last week's deadline AFP THE Taiwan government expects to sign a final contract on July 15 at the earliest for the construction of a US$l3.4 billion (5522.9 billion) high-speed rail system, ViceTransportation Minister George
      AFP  -  316 words
    • Article
      Lock icon China punishes five firms for illegal futures trading
      247 7 BEIJING Companies' senior officials banned from futures markets Reuters AUTHORITIES have punished five firms for trading overseas futures illegally with measures including banning senior company officials from futures trading, the Futures Herald said yesterday. Shenzhen Zhongju Investment and Development Centre, Shenzhen Zhongkun
      Reuters  -  247 words
    • Article
      HK basks in glow of positive publicity
      745 8  -  LETTER PROM HONGKONG Hosting Jiang and Clinton and opening its new Chek Lap Kok airport are welcome breaks from spate of bad news By Loh Hui Yin THIS past week, Hongkong basked in a glow of positive publicity, a much welcome break from
      745 words
    • Article, Illustration
      Lock icon HK's 'can-do' spirit alive and well: Tung
      542 8 HONGKONG AIRPORT OPENING Patten thanked for dogged perseverance in implementing project despite political difficulties AFP Reuters NYT [HONGKONG] Chief Executive Tung Chee-hwa hailed yesterday the opening of Hongkong's new international airport saying the territory's "can-do" spirit is alive and well. "It is an
      AFP; Reuters; NYT  -  542 words
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  • ASIA
    • ASIABriefs
      • Article
        Lock icon Komei Party rules oat coalition with LDP
        76 9 Reuters [TOKYO] The head of a religion-backed party that could hold the balance of power in Japan's Upper House election next Sunday firmly ruled out yesterday a coalition with Prime Minister Ryutaro Hashimoto. Toshiko Hamayotsu, whose Buddhist-backed Komei Party has the loyalty of
        Reuters  -  76 words
      • Article
        Lock icon Japan heatwave kills 8 so far
        76 9 AFP [TOKYO] A heatwave in Japan had claimed eight lives by yesterday and more than 80 people in the Tokyo area were taken to hospital, police said. Five people, mostly elderly, died of heatstroke during the past weekend and three died last Friday. In
        AFP  -  76 words
      • Article
        Lock icon Solid outlook for Aussie employment
        71 9 Reuters [SYDNEY] Australia's demand for labour is expected to have picked up again in June amid signs that the employment outlook remains solid for the coming months, economists said yesterday. The monthly employment report due on Thursday is forecast to show that 10,000 new jobs
        Reuters  -  71 words
      • Article
        Lock icon Daito Kogyo exec in insider trading probe
        72 9 Bloomberg [TOKYO] Japan's Securities and Exchange Surveillance Commission filed a criminal complaint of insider trading against a former executive of Daito Kogyo Co, which went bankrupt last August. Osamu Okochi, a former Daito Kogyo official who became vice-president of Katsuragaoka Kaihatsu KK, an
        Bloomberg  -  72 words
    • Article, Illustration
      Lock icon Angry aborigines protest against land rights bill
      461 9 CANBERRA Ex-PM Keating raps bill for betraying black Australia Reuters OPPONENTS of Australia's planned new Aboriginal land rights law launched a last-ditch battle yesterday to scuttle the bill, which former leader Paul Keating condemned as a betrayal of black Australia. Aboriginal groups called
      Reuters; AFP  -  461 words
    • Article
      Lock icon Aussie court recognises Aboriginal sea title rights
      242 9 DARWIN AFP A LANDMARK court decision yesterday recognised Aboriginal native title rights to the sea. -In the first case of its kind in Australia, Federal Court Justice Howard Olney ruled that five Aboriginal clans had communal native title over the sea and seabed
      AFP  -  242 words
    • Article, Illustration
      Lock icon South Korea braces for summer of discontent
      527 9 ■SEOUL Auto, bank workers protest against layoffs caused by industry revamp AFP SOUTH Korean auto and banking workers yesterday began a summer of discontent amid worries that labour unrest will escalate as the government pushes for tough reforms to overcome the economic crisis.
      AFP; REUTERS  -  527 words
    • Article
      Lock icon India sets terms for N-treaty
      274 9 NEW DELHI AFP INDIA is willing to sign a nuclear global test ban treaty in return for the lifting of blocks on the transfer of nuclear-re-lated technology, foreign ministry officials were quoted as saying yesterday. Newspaper reports quoted senior ministry officials as saying that New
      AFP  -  274 words
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      21 9 sS&S Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. CA.T.S. Another Classified Service
      21 words
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      146 9 UNIVERSITY OF UNIVERSITY SOUTH AUSTRALIA OF HULL Adelaide, Australia England. United Kingdom DBA If MBA Doctor ot Business Administration J 23rd Intake 28 July <98 2nd Intake August '98 —s—i5 —i .2, momhs only •Highly innovative structure and 100% in Singapore supervisory format enhances 100% conducted by success Hull's faculty
      146 words
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      142 9 iWBBI beyond... 9HI With the right financial resources behind you With IFS, you'll be surprised just how far you can spread your wings. That's because we understand what a growing business needs to take flight. When it comes to doing business overseas, you'll find our Global Network of 30 countries
      142 words
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      67 10 p M VE AS,A AND AMet "o^ x >«, *M& '3J 'V > ,<, »'-f/' '<'' u i I I Pratt Whitney and Singapore Airlines have joined forces to create Eagle Services ASIA, a world-class engine overhaul and repair center I I in Singapore. Now airlines serving Asia can take
      67 words
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  • THE WORLD
    • Article
      Lock icon UK expected to see sharp economic slowdown in '99
      467 11 LONDON Forecast comes amid signs of falling exports, declining business confidence Bloomberg AFP THE UK economy may slow sharply in 1999 amid signs of falling export orders and declining business confidence, according to business reports published yesterday. Quarterly reports from the
      Bloomberg; AFP  -  467 words
    • Article
      Lock icon US data expected to show strong economy
      185 11 WASHINGTON AFX-Asia ECONOMIC reports to be published this week are expected to show a continuing strong economy with no signs of inflation, analysts said. "We are not seeing any signs of inflation yet, but that will continue to be a concern of the
      AFX-Asia  -  185 words
    • Article, Illustration
      Lock icon Russia, Kazakhstan sign oil pact, ending protracted row
      442 11 MOSCOW Bloomberg RUSSIA and Kazakhstan has agreed to divide oil and gas resources of the northern part of the Caspian Sea, giving a push to offshore oil exploration hampered until now by a political row between the two nations. Russian President Boris
      Bloomberg; REUTERS  -  442 words
    • Article
      Lock icon Setback for Yeltsin as unpaid miners spurn govt envoy
      268 11 MOSCOW Reuters AFP UNPAID Russian coalminers blocked the strategic trans-Si-berian railway for a fourth successive day yesterday, and a strike by utility workers caused power cuts in the major port city of Vladivostok. The miners refused to talk to a government
      Reuters; AFP  -  268 words
    • Article
      Lock icon German industrial orders slip, but no rate rise seen
      203 11 BONN Reuters THE locomotive driving Germany's recovery lost some steam in May as industrial orders slipped back on weaker export demand and flat domestic business, data released yesterday showed. The Economics Ministry said incoming orders fell in May by a seasonaUy
      Reuters  -  203 words
    • Article, Illustration
      Lock icon Euro nations clash with EC over need to cut budget deficits
      578 12 BRUSSELS Only Ireland, the Netherlands and Finland expected to cut borrowing needs Reuters EUROPEAN finance ministers from the 11 countries due to launch economic and monetary union (EMU) clashed with the European Commission yesterday over the priorities for their
      Reuters  -  578 words
    • Article
      Lock icon EU agrees on plan to consolidate weapons business
      326 12 LONDON Bloomberg SIX European Union defence ministers said they have agreed on a plan to help consolidate the region's weapons business to better compete with bigger rival companies from the US. The UK, France, Germany, Italy, Spain and Sweden said they were
      Bloomberg  -  326 words
    • Article
      Lock icon Planned job cuts by US firms soar from 15,000 to 55,000: poll
      295 12 CHICAGO Nearly 50% of Jane casualties from electronics industry Bloomberg THE number of planned job cuts by major US businesses more than tripled in June from a year earlier, as the crisis in Asia led to reductions in
      Bloomberg  -  295 words
    • WORLDWatch
      • Article
        Lock icon EU trade surplus with world up 16%
        91 12 Reuters [BRUSSELS] The European Union's trade surplus with the rest of the world rose by 15.4 per cent to 50.3 billion ECUs (5J93.8 billion) last year, the EU's statistical agency Eurostat said yesterday. It was the sixth year in a row that the
        Reuters  -  91 words
      • Article
        Lock icon CIA warns of computer attack
        88 12 AFP [WASHINGTON] At least a dozen countries, including several hostile to the United States, are setting up programs geared to attacking foreign computer systems, the Central Intelligence Agency says. That's according to a recent briefing to Congress by CIA director George Tenet, according to yesterday's
        AFP  -  88 words
      • Article
        Lock icon Kohl predicts economic upturn
        82 12 Reuters [BONN] Chancellor Helmut Kohl sought yesterday to breathe new life into his re-election campaign, predicting an upturn in Germany's economy and a dip in unemployment to below four million. He dismissed opinion polls predicting he would lose on Sept 27 to his Social Democrat challenger
        Reuters  -  82 words
      • Article
        Lock icon Blair backs N Ireland police chief
        71 12 Reuters [LONDON] British Prime Minister Tony Blair telephoned Northern Ireland's police chief yesterday to express his support in a stand-off with Protestants seeking to go ahead with a banned march. Mr Blair's official spokesman said it was "completely and totally untrue" that the British
        Reuters  -  71 words
      • Article
        Lock icon Diplomats go on mission in Belgrade
        37 12 AFP [PRISTINA, Yugoslavia] Diplomats accredited to Belgrade yesterday began a monitoring mission to examine the situation in Kosovo as part of international efforts to end fighting in the Serbian province. AFP
        AFP  -  37 words
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      135 11 you're invited to euro night 15 July 1998 6.30pm to B.oopm Ritz-Carlton Millenia, Singapore Grand Ballroom, Level 1 Organised by Standard Chartered, Singapore's largest independent distributor of unit trusts, this seminar promises you a truly objective and rewarding understanding of the latest exciting developments in the European markets. So, arm
      135 words
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      512 11 Insuring Your Cargo Has Never Been Easierl Take advantage of NTUC INCOME'S Cargo Insure-Line plan if you are in the Rates importing and exporting business and need insurance coverage for your cargo. mTmo 31 July 98 Easy t° Apply Register with us now* All you need to do is to
      512 words
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      189 12 Now, you can work from anywhere without a mobile phone or modem card. Introducing the Ericsson GC2S Data Card Phone. It s the 2~in~l solution for the ultimate mobile office. Phone. Fax. E-mail. Connect to local networks. Surf the Internet. All from your laptop, wherever you are. No extra cables
      189 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      West can't afford not to help Russia
      763 13  -  THE BOTTOMLIKE OPINION By Jim Hoagland The writer is a Washington Post columnist RUSSIA poses history with its first nucle-ar-armed cash flow problem, implicitly threatening creditors not with a bankruptcy filing but with Armageddon if Moscow's deal with the West goes south. Rescuing
      763 words
    • Article
      IN OTHER WORDS
      125 13 The year has been a fiasco, and so has the policy. Asia would have been better if the IMF had never set foot in these countries. All these strategies were designed to restore the confidence of the markets, and they didn't/ Jeffrey Sachs a Harvard economist, on
      125 words
    • Article
      Clinton's historic trip
      589 13 EDITORIAL PRESIDENT Clinton's recently concluded summit visit to China is not going to have any immediate effect on the Sino-American relationship. In fact, the nine-day trip did not produce any concrete diplomatic or economic breakthroughs. There were no new bilateral accords between Beijing and Washington on such
      589 words
    • Article, Illustration
      Lock icon Dead end at Sunbeam
      967 13  -  Why has a succession of hotshot managers failed to revive the US kitchen appliances group? By' Tony Jackson Financial Times in London WARREN Buffett put it best: "When a management with a reputation for brilliance tackles a business with a reputation for poor fundamental economics," wrote
      Financial Times  -  967 words
    • Article
      Only one way to avoid depression
      491 13  -  MAILBOX William Ramseyer I AM a bankruptcy attorney in California, and have closely watched the developing world economic crisis (which in my opinion, actually began with the Mexican debt crisis some years ago). Here is one man's analysis of the causes and solutions of
      491 words
    • Article
      Australia gave refuge to 20,000 Chinese
      148 13  -  Denis N Nevin NEWS has reached us here of your recent editorial criticising Australia for alleged racism. I have to confess that we were all feeling a bit depressed over the Asian recession caused by Asian incompetence, venality, nepotism and excessive Asian greed, but
      148 words
    • Article
      WHAT THE OTHERS SAT
      200 13 Kai Tak laid to rest THOUSANDS of Hongkong people and visitors said their last hurrah to the airport at Kai Tak this week as it quietly passed into aviation history. If you have tears, prepare to shed them now, said Mark Antony as he stood over
      200 words
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      37 13 POOHESBPRY By Garry Trudeau SIR, A Few OF US 4$ 1 TOLZFtfTZTHIS HAVSNOT/C3PTHAT -\UJeuS\ I OUTLAWdeHAV- SMWHSN YOU jj, JM| W'J/ 6R£AT\ M,THIS SICK... SP %l K SMILt,YOURSYS- 1 i r~A MHOLa N£UJS C YUB\ «s ft
      37 words
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  • WORLD CUP 98
    • Article, Illustration
      Lock icon Dubious boardroom ethics infect football
      715 14  -  Creativity in the game has been stifled in favour of work rate, says chxus mattszczyk CHRIS MATYSZCZYK The writer is a creative director based in Warsaw IN a football world now utterly dominated by business, the dubious ethics of the boardroom have now infected the
      REUTERS  -  715 words
    • Article, Illustration
      Lock icon A substitute's dream ends on training field
      880 14  -  It's joy to despair in just a second for Dutch alternative to suspended Numan By\ Rob Hughes The writer is the Sports Correspondent of The Times of London IHT [PARIS] The substitute in soccer waits for another man's misfortune to get his chance.
      IHT; AFP  -  880 words
    • Article, Illustration
      The de facto final
      393 14  -  By SI Shahiron Sahari Wrtf World Cup viewing guide If Why we will watch Brazil vs Holland (2.30 am, Wed) For many, this should have been the final, but then we've always feared it would end like this once the draw was known. Both sides are
      393 words
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      573 14 Castle's Insight Indonesia is the first newsletter to give busy executives rapid, concise access to the Indonesian business press. By translating a selection of the best articles from Indonesia's leading business magazines and newspapers, Castle's Insight Indonesia provides access to high-caliber local business journalism otherwise off-limits to executives who are
      573 words
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      90 14 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      473 15 Where to wine, dine and entertain... T SZLtSS UN 5 S»£ w it m ■SRH r6O Dishes ™°f DELUXE FEAST Relish in our sumptuous Sichuan and Cantonese dishes like Shark's Fin Soup with Crabrfreat, Spicy Soon Hock, Scallops with Asparagus, Sauteed Prawns, Crispy Chicken and many fnore. Lunch: $23 (Adult)
      473 words
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      Page 15 Advertisements Column 2
      120 15 Buy It. Sell It. Find It. Classified. CATS Call Today For Results Tomorrow. 1800-*****66 DISCOVER THE NEW LOOK Pine Court CHINESE RESTAURANT WHEPE DININfi IS TRULY A BEAUTIFUL EXPERIENCE For mcrratlooi. ptcuc call *31 6«6« 831 O*M CHINESE Sta £S£ST 7 ""J®* 1 1 15 Jgn« 31 July 25% off
      120 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      910 15 TV&RADIO Premiere 12 Daughters (See Our 2.00 AM TV Innovations. OIA nvi ti r i Choice). 3.00 Below The Lion Rock. „P° va^ ttons. 4.00 News sToday Followed 3.50 Pet House. «iO Kidz Blitz: Space 5 y Afternoon At The 4.40 Dream Of The Three it oa S nr, Movies
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    • Miscellaneous
      Page 15 Miscellaneous Column 2
      154 15 CRYPTIC CROSSWORD 25 Scotsman's boil-in-the-bag meal (6) laid to rest (8) YESTERDAY'S SOLUTION 26 Calm down, being put at risk Stopping flying for basic in- iti i iti i ialnßTSTciainiti i ieiri (8) struction (9) |aMhMIMoMoMaIBgM i DOWN 14 Fat in dire need of being ab- iP^EU^p^NhyMM^^N^g) 2 Assigns votes,
      154 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Woods that outperform
      531 16  -  Tight Lies' design makes club head more user-friendly, says VEN SREEMIVASAN VEN SREENIVASAN SO, you have made that 200 metre T-off and have another 200 to the pin. But you have an awful lie. That rules out the regular fairway woods. But an iron may not get
      ARTHUR LEE  -  531 words
    • Article, Illustration
      Hugo Boss steps into golf apparel fashion
      411 16  -  Move brings it head to head against other upmarket players like Alfred Dnnhill By Ven Sreenivasan [SINGAPORE] When you're out on the golf course and your game isn't going very well, distract yourself by checking out what the other golfers are wearing. These
      411 words
    • Article
      Lock icon Sampras aims to break Borg's record
      401 16 TENNIS Ivanisevic may have to look to World Cop for a Croatian win to ease his depression Reuters [LONDONI Pete Sampras has no doubt he can rewrite the Wimbledon record books after matching Bjorn Borg's record of five Wimbledon crowns. "Sure." the American smiled
      Reuters  -  401 words
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      1084 16 W DEN DANSKE BANK BALANCE SHEET PROFIT AND LOSS ACCOUNT at December 31,1997 for the Accounting Year 1997 1997 1996 IQQ7 1 nqc D,l,m DK m DKrm DKrm ASSETS Interest income, etc. Cash in hand and demand deposits with central banks, etc. 2,555 7,877 Interest from credit institutions, etc 4,650
      1,084 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Osprey Maritime given stable credit ratings outlook by S&P
      498 17  -  Its diversified fleet, time charter revenue offset by dependence on Indonesian contracts Conrad Raj [SINGAPORE] Osprey Maritime, the Bambang-linked marine vessel operator, has been given a stable credit ratings outlook by international ratings agency Standard Poors. "The rating reflects benefits of
      498 words
    • Article
      Brokerage OSK set to buy MBf Northern Sec
      327 17  -  Tagged at RMl5m, deal will enable it to have Ipoh branch Froth Eddie Toh in Kuala Lumpur ANOTHER brokerage here will soon have a branch, something that has been prohibited until last month. Sources said Kuala Lum-pur-based OSK Holdings has clinched a
      327 words
    • Article
      Creative Tech needs a more conservative 1999 forecast
      806 17  -  HOCK LOCK SIEW Jennifer Lien CREATIVE Technology's profit warning last month was perhaps an inevitable development. After all, its Asian sales have dropped dramatically in the last few quarters. To recap, Creative said on June 11 that its sales for the fourth
      806 words
    • Article, Illustration
      Lock icon L&M in talks with banks to refinance $54m loan
      473 17 It also reports suits and claims against it totalling $27m [SINGAPORE! L&M Group Investments has been talking to banks for more than three months to refinance a $54 million syndicated loan due this month. The specialist engineering group said this in
      FILE PHOTO  -  473 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Sing Tao share price dives to 8-year low
        519 18 Latest slump began when Mingly Corp walked away from deal to buy group Bloomberg [HONGKONG] Hongkong's Sally Aw watched her battered publishing company lose more than half its market value in the past five weeks as Hongkong's economic woes eat into the
        Bloomberg; FILE PHOTO; Source: Bloomberg  -  519 words
      • Article
        Lock icon ABC Communications net up 252%
        234 18 Disposal of stake in telecoms firm leads to HKs763m exceptional gain Reuters [HONGKONG] ABC Communications Holdings Ltd said yesterday its 252 per cent rise in profit for the year ended March 1998 was mainly due to a disposal of its stake in a listed communications
        Reuters  -  234 words
      • Article
        Lock icon Kumagai Gumi subscribing to 2.35b Siu-Fung shares
        186 18 AFX-Asia [HONGKONG] Kumagai Gumi (Hongkong) Ltd said it has agreed to subscribe to 2.35 billion shares in SiuFung Ceramics Holdings Ltd at HK$O.2O per share. Meanwhile, Shui Hua Development and Enterprises Ltd, which is held by the China State Bureau of Light Industry,
        AFX-Asia  -  186 words
      • Article
        Lock icon HK's Futart expected to raise HK$80m through IPO
        223 18 Reuters [HONGKONG] System integration concern Futart International Co Ltd is expected to raise HKSBO million (5517.7 million) through an initial public offering (IPO) of shares in Hongkong, analysts said yesterday. Futart is expected to issue 80 million shares at HK$l.l6 each, giving
        Reuters  -  223 words
      • Article, Illustration
        Lock icon Cojuangco set to be elected to San Miguel board today
        540 18 Company likely to name caretaker CEO this week AFP Reuters [MANILA! A crony of deposed dictator Ferdinand Marcos, Eduardo Cojuangco, will be re-elected to the board of San Miguel Corp in preparation for his regaining chairmanship of the company, his
        AFP; Reuters  -  540 words
      • Article
        Lock icon Cautious response to SHK's Castello
        246 18 Reuters [HONGKONG] Sun Hung Kai Properties Ltd said yesterday that about 60 per cent of the registered potential buyers for flats at a development in the New Territories showed up to choose flats on the first day of sale on Saturday. "About 60 per cent
        Reuters  -  246 words
      • COMPANYBriefs
        • Article
          Ipco Int'l exec chairman quits
          98 18 [SINGAPORE] Ipco International executive chairman Lee Keat Hin and a director, Choo Chuan Tek, have resigned with effect from July 1, the company said yesterday. It has appointed Gwee Yow Pin to replace Mr Lee but was silent on the reason for the change. The
          98 words
        • Article
          Tat Lee warrants to expire on Aug 5
          64 18 [SINGAPORE] The Tat Lee Bank 1998 warrant will expire at spm on Aug 5. Warrant holders whose warrants are registered in the name of The Central Depository (Pte) Ltd (CDP) and who wish to exercise their subscription rights should send their subscription
          64 words
        • Article
          Hong Leong Fin foreign ownership
          27 18 [SINGAPORE] Hong Leong Finance yesterday said that as at June 30,1998, the foreign ownership of the company stood at 19.57 per cent.
          27 words
        • Article
          Lock icon Oei Hong Leong trays Tricom shares
          63 18 AFX-Asia [HONGKONG] Oei Hong Leong, controlling shareholder and chairman of the China Strategic Group, has bought 7.4 million shares in subsidiary Tricom Holdings Ltd at HKJ2.7O each, a stock exchange disclosure of interest report said. Mr Oei, who acquired the shares on June 29,
          AFX-Asia  -  63 words
        • Article
          Lock icon Joint venture with PLA affiliates
          108 18 AFX-Asia [HONGKONG] Po Wing Kwan International (Holdings) has agreed to set up a joint venture with affiliates of the People's Liberation Army and other Chinese companies for telecommunications investments in China. The company said yesterday that it would invest up to 280 million yuan (5557.5
          AFX-Asia  -  108 words
        • Article
          Lock icon President Group unit trays Taipei land
          80 18 Bloomberg [TAIPEI] Prince Housing Development Corp, an affiliate of President Enterprises Group, will pay NTSI2 billion (*****.2 million) —or about 40 per cent more than the base price set by the government —for a block of land in Taipei's financial district, local television reported
          Bloomberg  -  80 words
        • Article
          Norway firm takes stake in Dovechem
          54 18 [SINGAPORE] Norway's Stolt-Nielsen SA formally acquired a 24.99 per cent interest in Singapore-incorporated chemicals and gas terminal operator Dovechem Terminals Holdings yesterday. Stolthaven has the option to increase its stake to 30 per cent should it get a waiver from making a general offer
          54 words
      • Article, Illustration
        Lock icon Daewoo to ask Hyundai to make joint bid for Kia
        559 19 Rivals also keen on next week's auction of Kia Motors Bloomberg [SEOUL] Daewoo Motor Co said it plans to ask Hyundai Motor Co to jointly acquire Kia Group's insolvent car companies, a move that would reshape the world's fifth-largest car
        Bloomberg; REUTERS  -  559 words
      • Article
        Lock icon S&P warns of rating cuts for Daiwa
        196 19 AFP [TOKYO] US ratings agency Standard and Poor's (S&P's) warned yesterday that it was considering cutting its short and long-term ratings for Japan's Daiwa Securities Co Ltd as the country's stock market remained unstable. Its ratings for Daiwa's counterparty credit and senior unsecured
        AFP  -  196 words
      • Article
        Lock icon Abitibi, Norske, Hansol plan US$1b tie-up
        377 19 Alliance to create biggest newsprint manufacturer in Asia outside Japan Bloomberg [SEOUL] Abitibi-Consolidat-ed Inc of Canada, Norway's Norske Skogindustrier ASA and South Korea's Hansol Paper Co plan a US$l billion (Ssl.7 billion) alliance that will create the biggest newsprint manufacturer in Asia outside Japan.
        Bloomberg  -  377 words
      • Article
        Lock icon Parmalat to use Pauls for Asian foray
        457 19 Italian group's As436m bid part of expansion strategy Reuters (SYDNEY) Italian food group Parmalat Finanziaria SpA intends to push its rapid global expansion into Asia, driven by its planned AJ436 million (*****.8 million) takeover of Australia's Pauls Ltd. While Pauls" Asian exports total
        Reuters  -  457 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon US chip makers seen to have been hard hit in 2nd quarter
        469 20 Overcapacity, Asian crisis and PC price cuts are hurting earnings as firms revamp and cut jobs Reuters [SAN FRANCISCO] US chip makers, hit hard by overcapacity, economic doldrums in Asia and dramatic price cuts by personal computer makers,
        Reuters  -  469 words
      • Article
        Lock icon Proffitt's agrees to buy Saks Hldgs for US$2.99b
        357 20 Fourth largest US store chain gets an upmarket brand Bloomberg [NEW YORK] Proffitfs Inc said it agreed to buy Saks Holdings for U552.99 billion (555.05 billion) in stock and assumed debt, giving the fourth largest US department store chain in terms of
        Bloomberg  -  357 words
      • Article
        Lock icon Royal Dutch/Shell mulling possible European alliance
        313 20 Bloomberg [LONDON] The Royal Dutch/Shell Group said it isn't ruling out the possibility of seeking an alliance partner in Europe, though it declined comment on a report in the UK's Sunday Telegraph that it plans to link up with Texaco Inc. Shell is evaluating
        Bloomberg  -  313 words
      • Article
        Lock icon UK group Tomkins posts 16% rise in pre-tax profit
        267 20 It sees bullish year ahead, plans to bay back 10% of shares Reuters [LONDON] British conglomerate Tomkins pic yesterday announced higher annual profits and said it was confident of delivering another satisfactory result this year amid favourable conditions in most of
        Reuters  -  267 words
      • COMPANYBriefs
        • Article
          Lock icon Merrill Lynch to open five UK offices
          76 20 Bloomberg [LONDON] Merrill Lynch Co said it plans to open at least five offices around the UK in Newcastle, Bristol, Manchester, Leeds, and Birmingham in the next few years to expand its private banking and brokerage businesses. The expansion plans come as Merrill
          Bloomberg  -  76 words
        • Article
          Lock icon ABB up on share restructure plan
          83 20 Bloomberg [ZURICH] Asea Brown Boveri shares rose 2.4 per cent after Swiss financier and msgor shareholder Martin Ebner urged the company to simplify its double-share structure. Shares of ABB Swiss parent, ABB AG, rose 56 Swiss francs to 2,419 francs, while shares in ABB
          Bloomberg  -  83 words
        • Article
          Lock icon C&W to buy stake in television firm
          53 20 Reuters [LONDON] Cable and Wireless Communications is to buy a 50 per cent stake in an interactive TV company for £13 million (5136.4 million), The Times said yesterday. It said CWC would acquire Two Way TV, a company that lets viewers take part
          Reuters  -  53 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Capital cushion of world's top 1,000 banks shrinks
        378 21 Decline in the hard-core capital base of the banks is the first in 10 years FT [LONDON! The world's top 1.000 banks saw their capital cushion shrink last year for the first time since the introduction of the Basle capital adequacy rules
        FT  -  378 words
      • Article, Illustration
        Lock icon Nippon Life bullish on euro investment
        392 21 It has boosted its fixed-income European assets Reuters [TOKYO] Nippon Life Insurance Co, Japan's biggest insurance firm with assets of 42 trillion yen (Ssslo billion), says it is encouraged by Europe's will to launch the euro in 1999 and is bullish on investments in
        Reuters; FILE PHOTO  -  392 words
      • Article
        Lock icon Aussie fund managers split on new laws' benefits
        162 21 Bloomberg [SYDNEY] Australia's managed investment fund managers are split on the financial benefits of new investment supervision laws, says a survey by accounting firm Deloitte Touche Tohmatsu. The survey of 100 fund managers found 45 per cent expect to save money from
        Bloomberg  -  162 words
      • Article
        Lock icon Russian banks consolidate, new giant coming up
        293 21 Reuters [MOSCOW] Many Russian commercial banks which mushroomed in the early 1990s after liberalisation of the monolithic Soviet system are now either going out of business or consolidating. And the trend is gaining momentum in Moscow. A Western banking analyst said competitive pressures
        Reuters  -  293 words
      • Article
        Lock icon Euroyen, JGBs firm up as tax cut hopes fade
        242 21 SIMEX Report Reuters [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures rose in thin trade yesterday as hopes of Japan implementing wide-ly-anticipated permanent tax cuts began to fade. But concerns about a flood of new bonds this week kept a
        Reuters  -  242 words
      • Article
        Futures fall as banks look vulnerable
        175 21  -  MSCI TAIWAN FUTURES Charlie Kuo Charlie Kuo, service dealer, Refco Singapore [SlNGAPOßE] The Simex MSCI Taiwan Index futures slid yesterday amid concerns that the banks might have risen too much to justify earnings in the sector. The losses on Nasdaq last Friday together with
        175 words
      • Article
        Lock icon Oil dips on claim of Iran overproduction
        249 21 ENERGY REPORT Reuters [LONDON] World oil prices drifted lower yesterday following Venezuelan accusations that fellow Opec heavyweight Iran had overproduced and predictions of a sharp increase in Iraq's crude exports, dealers said. Benchmark Brent blend was trading down 22 cents at U5513.33 a
        Reuters  -  249 words
      • Article
        Lock icon CURRENCY REPORT
        277 21 AFP AFX-Asia London THE dollar was back below 140 yen in late trading but is still expected to move higher on the back of market disappointment at Japanese Prime Minister Ryutaro Hashimoto's denial that he ever pledged to cut income taxes, dealers said. Late last week, Mr Hashimoto
        AFP; AFX-Asia  -  277 words
      • Article, Illustration
        Untitled
        1251 21 DfTERBAMK CROSS RATES 6 AS C$ tt) ECU Ffr Pa HK$ to<»s to*i* TgiW W HgfiHi Pwo S$ land Sir m Ml Powd US) A«tr3a- 0.912 6.178 0.568 176® 1126 41* 26.267 ***** 0.861 8.522 2.599 1*8 ***** ZiS* 1054 4.077 0.940 ***** 25.451 0.376 0.616 Canada 1107 5.654 0.625
        1,251 words
    • Article
      COMMODITY PRICES
      1875 22 SICOM rOTURES <Mf{ RUMCR (fgtarw ciowtQ «t 5.30pm) •BS1 CONTRACTS certi/kg) Ctoi* Voluim Open Mont* Hlqft Low Sett (tonnes) Interest AuqW I 120.00 315 96 121.25 340 Oct 98 122.50 1450 Nov 98 124.00 1450 0«C98 125.50 100 1450 Jen/Mar 99 129.00 1800 Apr/Jwn 99 133.25 1950 Jui/S«p
      1,875 words
    • Article
      WORLD STOCK MARKETS
      2305 22 LONDON Industrial M 6 PMK# *h 31 Group 610.000 -2.000 AB Ports 324.000 -6.000 Abbey National 1060.600 -7.400 Allied Domecq 565.000 -9.000 Arn«c 175.000 -0.400 Asda Group 205.200 0.200 BAT Ind 637.000 5.000 BG Pic 359.400 -8.000 BICC 140.000 -2.000 BOC Group 842.400 -17.600 BR Petroleum 895.000
      2,305 words
    • Article
      Lock icon TOKYO
      1639 22 Bloomberg Q Nikkei 225 -U0.79 JAPAN'S benchmark index fell for the first time in nine sessions on doubts the government will cut taxes fast or deep enough to lift the economy out of recession. Japanese Prime Minister Ryutaro Hashimoto said on Sunday he was committed to promoting "tax reform"
      Bloomberg  -  1,639 words
    • Article, Illustration
      Lock icon HONGKONG
      1477 23 Reuters CI Hang Seng -155J9 STOCKS drifted to a lower close yesterday as investors clung to the sidelines, eyeing a weaker Japanese yen and following a cool response to a sale of flats launched over the weekend, brokers said. The Hang Seng Index lost 155.19 points to 8,484.12 after
      Reuters  -  1,477 words
    • Article, Illustration
      Lock icon CHINA
      642 23 Reuters QShenzhen Blndex -Ll3 SHENZHEN'S hard currency B Share Index closed sharply lower yesterday on retail selling driven by losses in Hongkong stocks and domestic A shares, analysts said. The B Index dropped 1.13 points to 79.32 on a turnover of HK$6.4 million. "The B shares weakened further as
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  642 words
    • Article
      Lock icon TAIPEI
      384 23 AFP QWPlndex +18.61 TAIWAN share prices edged up yesterday as late selling wiped out early gains, dealers said. "Profit-taking set in at the last half hour of trading," said Andy Wei at Master Link Securities. "Investors turned cautious when the index moved up near the 8,000 level." The Weighted
      AFP  -  384 words
    • Article, Illustration
      Lock icon BANGKOK
      777 23 AFP |J SET Index -174 THAI shares lost early gains to close lower yesterday despite bargain hunting in some blue-chip issues and amid falls on major regional markets, analysts said. They said the buying evaporated in the afternoon session as Hongkong and Tokyo bourses closed lower, dogged by worries
      AFP  -  777 words
    • Article
      Lock icon MANILA
      325 23 AFP U Manila -4.85 PHILIPPINE share prices closed lower yesterday due to profit-taking amid continued caution about developments in the region. The Philippine Stock Exchange Index fell 4.85 points to 1,854.39. Turnover rose to 867 million shares worth 654 million pesos. Philippine Long Distance Telephone Co fell 10 pesos
      AFP  -  325 words
    • Article
      Lock icon SEOUL
      417 23 AFP Composite Index +L 76 SOUTH Korean share prices yesterday closed higher on selective buying of blue chips in late trading amid worries labour unrest will intensify, dealers said. Investors were cautious about labour unrest and the possible liquidation of more marginal firms in mid-July, dealers said. "Despite the
      AFP  -  417 words
    • Article
      Lock icon SYDNEY
      593 23 AFP QAU Ordinaries +&7 AUSTRALIAN shares rose yesterday as investors took refuge in blue chip stocks, insulating the bourse from weaker sessions in Tokyo and Hongkong, brokers said. The All Ordinaries Index rose 8.7 points to 2,751.8. The All Industrials Index rose 22.9 points to 4,833.6 but the All
      AFP  -  593 words
    • Article
      Lock icon WELLINGTON
      267 23 AFP n Wellington *45.81 SHARES rose 2.2 per cent as interest rates continued to fall. The NZSE-40 Index was up 45.81 points to 2,088.85. Turnover was NZ$lO2 million. A tacit acceptance of easier monetary conditions by the Reserve Bank on Wednesday saw the share market turn around its slide
      AFP  -  267 words
    • WARRANTS & OPTIONS
      • Article
        City Dev wrt: tread with care
        177 24  -  WARRANT WATCH Ven Sreenivasan THE warrant of property heavyweight City Developments has been unusually active in recent weeks even though it is expiring soon. The instrument edged up another three cents or 1.36 per cent to close at $2.23 yesterday on a volume of
        177 words
      • Article
        Untitled
        3448 24 BONOS. LOANS WARRANTS Wt J 998 L«»t Vol Day Last Ouote Avg High Loo Stno Company S«l* ♦or- (OOO) High Low Buyor Seller Prlco 23 5 9 m 3000 m AMDB c5 5*>0202I6 10 I I 13 20.5 5 3160 "Acer ******1USS 6.5 5 5 7 5 95 8.5 3164
        3,448 words
    • Article
      CLOB INTERNATIONAL
      2365 24 Transaction date Jul 6 MALAYSIAN STOCKS Qr Cr J ,998 1 L«t Vol Day LastOuote Dtv Dlv YM Net M Cap High Low Stno Company Sale COOP) High Low Buyer S—er H C'yr P/t $<wll 135 28 m s 5000 AISB 50c 48.5 -i 22 49 48.5 48
      2,365 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6619 25 Transaction date: Jul 6 j Or Or M wt 1998 Lot Vol Day Last Ouote Olv Dlv YM Net Cap Ave High Low StNo Cempany Sala COOP) High Law Buyer Salter C'»r H P/t Smil Price INDUSTRIALS 43 13 a 1020 ACE Dynamics20c.. 15
      6,619 words
    • Article
      SESDAQ
      1246 25 Cr Gr M Wt L t L«t Ouet* Wv Olv YM Net C«p Av< Mt I*" Campany S«H COOP) High Law toy* U*K Cvr P/t $mU Prtci 134 50 2000 ABR Hidgs Sc 78 -2 2 78 78 78 00 38.0 80 243 65 a 2049 AS Auto 10c
      1,246 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        225 26 Stacks Volume Easyknit HKIOc 5,880,000 •MBf Capital 5,683.000 City Dev 50c 5,623,000 DBS Land 5,451,000 UOB Foreign 4,177,000 OCBC Foreign 3,869,000 SingTel 15c 2,496,000 Wing Tai 25c 2,362,000 •MBF Land Bhd 1,775,000 JSH US5c 500 1,645,000 Stacks City Dev 50c 27,751,306 OCBC Foreign 24,729.010 UOB Foreign 24.462,058 SPH 18,097,610 DBS
        225 words
      • Article, Illustration
        Key indices rebound on late buying orders from Europe
        625 26  -  STOCK MARKET COMMENTARY Broader market still weak, however, on concerns over state of Japan's economy; dealers also cite lack of fresh leads BIJ Ven Sreenivasan AFTER falling for much of the day, some of the Singapore' stockmarket's key indices rebounded to
        625 words
      • Article, Illustration
        HOT STOCK
        76 26  -  IVJ -by Ven Sreenivasan THE stock of property-based Wing Tai Holdings, which has been sliding steadily since March this year, dropped another half a cent yesterday to 79 cents. The technical charts suggest that the counter has little prospect of a recovery beyond the 90-cent mark in the
        76 words
      • ON THE GRAPEVINE
        • Article
          Pre-demise Sale
          94 26 WE have all heard of Year-end Sale, Fire Sale, Closing Down Sale and even Demolition Sale. Here's a new one: The Pre-Demise Sale. Coretti Fashion at Holland Road Shopping Centre has launched just that with this message pasted up: "Deeply regrets that Economic Crisis has proved fatal to
          94 words
        • Article
          When security is too heavy...
          143 26 EVEN the world's most powerful man has to deal with mundane things faced by lesser mortals such as getting stuck in a lift. US President Bill Clinton was trapped in a lift at the Hongkong Convention and Exhibition Centre for 10 minutes last Friday, after
          143 words
        • Article
          ... and too tight
          132 26 and too tight SECURITY was ultra tight during last week's separate visits of Chinese President Jiang Zemin and President Clinton to Hongkong. So much so that even US Ambassador to China James Sasser, who decided to walk from the Grand Hyatt Hotel to the Convention Centre, was stopped at the
          132 words
        • Article
          ERP for Kai Tak?
          135 26 EVER practical people and in this case, it pertains to precious land in Hongkong so there was no chance that the just-closed Kai Tak airport would be left idle. In the long-term, the Kai Tak site would be developed into a commercial-residential area but that would
          135 words
        • Article
          Pray for the economy
          114 26 SINGAPORE'S economic slowdown has not only become a talking point in financial and business circles but also a prayer topic in a church. A Protestant church pastor, in his prayer letter, urged his congregation to pray "for wisdom and understanding for the government in making financial
          114 words
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      Page 17 Advertisements Column 1
      76 17 Hi V- W I 1 '--t. t JT I Transview Golf p,e Ltd J #01-05 Mondarin Hotel Shopping Arcade Tel 738 1 155 J 4th level, Isetan Wisma Atria. Tel: 735 5543 J #02-46/47/48 Specialists' Shopping Centre Tel: 732 0955/6 J 3rd Floor Isetan Scotts Shaw House. Tel: 735 4241
      76 words
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      Page 18 Advertisements Column 1
      418 18 7-10 JULY 1998 HALLS 3, 3A, 4 5 6 WORLD TRADE CENTRE SINGAPORE A/M mF HALL 601, SINGAPORE INTERNATIONAL CONVENTION 98 EXHIBITION CENTRE W9V Spearheading this largest event of its kind is PUMPS SYSTEMS ASIA Inßqp 98, the largest pumps and related systems show in Asia. Hailed as one of
      418 words
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      Page 18 Advertisements Column 2
      51 18 Make mountains out of molehills. With so many fine educational and upgrading opportunities in The Straits Times Classified daily, it's no wonder our readers are inspired to scale the heights of knowledge. Advertise in the Education/ Training section (Classifications 703 to 794). Call C.A.T.S. at 1800-737-1166. l I CATS. I
      51 words
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      Page 19 Advertisements Column 1
      163 19 CELi o^ The Quest t 1998 <? For The jLI fcJo l> Is Back Our 40% savings are just for starters. At the Shangri-La Hotel, Kuala Lumpur from now until August 31, we're offering a generous 40% saving on room rates and complimentary continental breakfasts. There 11 be a further
      163 words
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      465 20 I BOOSTING YOUR I COMPETITIVE EDGE. I Solutions seminar for visionary executives. I I Venue: The Ritz-Carlton I Millenia Singapore H The Grand Ballroom. Level 1 H -W 7 Raffles Avenue H Singapore *****9 H Date: 10 July 1998 I ■r JI4 «p i -f-S t jM B yJfWgg J'
      465 words
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      138 21 I I Igm I I .'T t I I HONG KQNO DIM SVM SPECIAL PROMOTION I "(XI Chicken Feet 8.8.0. Pork Bun /f"L VI "McTi SpCCI^I Water Chestnut Cake Carrot Cake Vegetables Roll <r crs Rice Roll Porridge -Bun |6° and abOVe spicy Dumpling Get Ikg Fried Crab for free
      138 words
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      Page 21 Advertisements Column 2
      5 21 Seroice&J&ro<{uct& Classified Classifications 201 -266
      5 words
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      Page 23 Advertisements Column 1
      28 23 Put The Straits Times Classified to work for you today. Arjf f Vf f wM V j f yj ri//Wi» Am M M WLJ i7iill 'i W IF<
      28 words
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      Page 23 Advertisements Column 2
      32 23 ♦The Koala Lumpur and Jakarta markets were closed yesterday for a holiday Lost Jk Try finding it at Classification 821 (Found) of The Straits Times Classified. CAT-S-I The Straits Times Classified Where
      32 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      68 24 Hello? I'm calling about\ m5O a PPy your advertisement in great...just like f° lin d my P et through The Straits Times Classified... 1 I the ad J 1 Straits Times Classified. you still have the puppy... J described. to ta^e rea B lHX j^r be right Vpy Buying or
      68 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      511 26 BPSIHESS J\ ()ticcs To advertise call toll-free 1800-741 ISS3 IN THE MATTER OF WYWY MOBILECOM CONSORTIUM PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, (Chapter 50) that the Final Meeting of the Members of the abovenamed
      511 words
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      Page 26 Advertisements Column 2
      415 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF BASE MINERALS (S) PTE LTD NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN thai pursuant to Scction 296 of the Companies Act, Cap. 50, a Meeting of the Creditors of BASE MINERALS (S) PTE LTD
      415 words
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      Page 26 Advertisements Column 3
      450 26 IN THE MATTER OE THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OK NEW BRIDGE PTE LTD (In Members' Voluntary Liquidation I Al an Extraordinary General Meeting of the Member*of New Bridge Pre Ltd dulv convened and held al 35 Selcgte Road. #04-07 Parklanc Shopping Mall. Singapore *****7 on
      450 words
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      Page 26 Advertisements Column 4
      40 26 BUY SELL \t FIND Classified ads are purr... feet for finding lost little kittens. No matter what it is, you can always buy it, sell it or find it with the Classified. TOIL (IE 1800-737-1166 4» (•II T«4«r far Ittilts
      40 words
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      Page 26 Advertisements Column 5
      99 26 Advertising in Turbulent Times Are you qetting the REACH as promised? it- SHIPPING TIMES GUARANTEES *48,000 daily circulation! In Singapore, when you want to reach out to a select target audience in HE iTWHTßWfflfrSiffHHffffßffl, only one daily oFFers you the advantage oF maximum reach at minimum cost. And that's Shipping
      99 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      327 27 Bridge News Reuters WITH the Independence day holiday in the US, trading on the freight market was sluggish. Rates dipped for South American Panamaxes loading mid-July cargoes and lower levels were also seen in the Far East. Futures saw a quiet end to an active week, Clarkson Securities
      Bridge News; Reuters  -  327 words
    • Article
      MARITIME STOCKS
      296 27 SES '000 jwi a w CWT Distribution 0.42 until 30 Chuan Hup 0.365 *0.005 63 Coico Investment ..0.50 *0.005 13 Freight Links 0.19 GB Holdings 0.20 Hal Sun Hup 0.39 -0.005 91 Hitachi Zosen 0.57 unch 76 IMC Holdings HK 5.60 Jaya Holdings 0.40 unch 10 Jurong Shipyard
      296 words
    • Article, Illustration
      Lock icon Tanker hijackings in S-E Asia cause concern
      563 27  -  Due to Asian economic crisis, pirates targeting tankers carrying marine fuel oil Reports by Felix Chan [SINGAPORE] The growing incidence of tanker hijackings in South-east Asia has been met with increasing concern among international crime investigators who said that there are indications that
      FILE PHOTO  -  563 words
    • Article
      Swiss-based company launches anti-piracy service
      234 27 [SINGAPORE] Swiss-based Marine Risk Management (MRM) has publicly launched a new anti-piracy service which it describes as a "programmed response to piracy". MRM's service draws on its "expertise in locating and recovering ships for mortgagee banks, its high-tech satellite ship tracking systems and its military
      234 words
    • Article
      Taiwan setting up its first intermodal network
      387 27  -  From P T Bangsberg in Manila TAIWAN is trying to create its first intermodal network, with the backing of four big shipping lines and a US-based engineering and consultancy firm. The initial service would link Taipei and the main Port of Kaohsiung in
      387 words
    • Article
      Sydney port to waive wharf charges on empty containers
      203 27 [SINGAPORE] Sydney Ports Corporation has become the first among Australia's major east coast ports to announce that it will do away with wharf charges on empty containers. The move to abolish the charge was approved by the New South Wales state
      203 words
    • Article, Illustration
      Lock icon Greeks choose Chinese yard
      972 28 SHIPBUILDING Thenamaris recently took delivery, on behalf of its principals, of the first Greek-owned ship to be built in China Lloyd's Register AS A child. Dean Tseretopoulos liked to watch ships sailing down the St Lawrence seaway with their cargoes. "I found it exciting," he says,
      Lloyd's Register  -  972 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      247 28 PAGE Danveron 4 ACL 9 Lk >y<i 9 ANL 3 Donqnama 3 Accord 8 ECL 5 Appenship 5 Eurohans 6 Astro 3 tiUfMi 6 Austral 9 FoongSun 6 BSA 7 6 Link 4 Batamindo 7 Gemartrans 8 Bayswater 6 Genshpg 9 B'tanq Mas
      247 words
    • Article
      SHIPPING GUIDE
      25623 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Na™ fame Number Numb* SIN Oetfn Name Name Number Numb* 10/07 30/07 COSCO EMPRESS SEA 0065 *****00 A 1/07 01/08 Quadrant MEO TAICHUNG 234W 45-*****44 A n/07 Ol/Oa Quadrant MEO TAICHUNC
      25,623 words
    • SHIPS IK PORT
      • Article
        CONVENTIONAL WHARVES
        763 41 Vessel VoyNo Berth Arrival Departure Bt Muitit. J -H 7 alongside 07.07/1900 Bt MhW n™!! J01 elongside 07 07/0800 -"J. i 0 2J"* JO' alongside 06.07/1200 °.L, 00m JOI alongside 04.07/2359 om J01 alongside 06 07/1830 Bt Wut, 4 J01 alongside 07.07/0100 *****8 J01 alongside 07.07/0300 Cfrogys 06/07
        763 words
      • Article
        CONTAIMER SCHEDULES
        1784 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From A" Swn 3348 09/0459 M 04/1500 04/1659 06/1900 W 04/1500 04/1459 04/1900 2A 04/1700 07/0459 07/0900 21 04/1700 07/0459 07/0900 J 07/0700 07/1159 07/1400 4 07/1200 07/1459 07/1700 WWdonyi 004£
        1,784 words
      • Article
        GLOBAL HOLIDAYS
        182 41 Jul 7 Brunei.Maulud. Indonesia: Mouloud Prophet's Birthday. Malaysia: Birthday of Prophet Mohammed. Jul 0. Thailand: Asanha Bucha. JullO Thailand: Khao Phansa Day. Julia. United Kingdom: Orangeman's Day Holiday (N Ireland). Jul 14. France: National Day. Jul IS Brunei: HM The Sultan's Birthday. Jul 17. South Korea: Constitution Day.
        182 words
      • Article
        COCKETT BUNKER MARKET REPORT
        978 41 THIS report, compiled by Cockett Marine OU Ltd. shows price ranges In US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are Indicated The Cockett Bunker Price Index change and the
        978 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        569 41 Carbon 180 un 994 5 O S 17.1 0.09 84 0.05 Jul 2 Density Water Residua Ash Aluminum Sediment No above E25 4 0 10 0 1 0 %mni 380 AM 984 7 0.2 16 4 0.06 29 0.03 Ii.au 380 MAI 992 8 0 9
        569 words
    • AIR LAND TRANSPORT NEWS
      • Article
        Lock icon Shippers angry over missing, damaged cargo at KL airport
        584 42 OPENING OF NEW ASIAN AIRPORTS Inefficiency, delays may tarnish M 'sia's reputation, they warn AFP (KUALA LUMPUR] A week after opening, chaos reigns at Malaysia's new US$2.3 billion (SS3.B billion) airport with cargo going missing or arriving damaged, shippers said yesterday.
        AFP  -  584 words
      • Article, Illustration
        Lock icon Minor glitches at opening of Chek Lap Kok
        693 42  -  Officials pleased with smooth operations yesterday From Felix Chan in Hongkong OFFICIALS at the new Hongkong International Airport breathed a sigh of relief as the first flight touched down at the sleek US$2O billion (5533.4 billion) facility at Chek Lap Kok yesterday,
        AFP  -  693 words
      • LOGBook
        • Article
          Lock icon U-Land takes Air Philippines stake
          78 42 AFX Asia (TAIPEI) U-Land Air Lines has taken a 30 per cent stake in Air Philippines, a company official said without disclosing the value of the deal. Air Philippines plans to introduce three new MD-82 jetliners shortly to serve domestic routes in the Philippines, the
          AFX Asia  -  78 words
        • Article
          Lock icon Chinese airline to launch 3 int'l routes
          76 42 AFX-Asia [HONGKONG) China Southwestern Airlines will open three international air routes connecting Chongqing with Singapore, Malaysia, and South Korea later this year or early next year, the official Xinhua news agency reported. In a despatch from Chongqing monitored here, Xinhua said the airline
          AFX-Asia  -  76 words
        • Article
          Lock icon Air Afrique's creditors taking 4 planes
          81 42 Reuters (ABIDJAN) Multinational airline Air Afrique said that credit insurers were seizing Its four A3lO-300 planes from midnight today, because of the non-payment of arrears on its debts. Air Afrique has been trying to set up a leasing company to take over the planes
          Reuters  -  81 words
      • Article, Illustration
        Lock icon Consumer group sues FAA over testing of B777-300
        529 42 Bloomberg (WASHINGTON] A consumer group headed by Ralph Nader is suing the US Federal Aviation Administration for certifying the Boeing Co's 777-300 aircraft even though the evac-uation-safety tests were allegedly inadequate. The Aviation Consumer Action Project filed the suit last Thursday with
        Bloomberg; FILE PHOTO  -  529 words
      • Article
        Lock icon BA cabin crew told to act less British
        192 42 AFP [LONDON] British Airways' air hostesses and stewards are being encouraged to be "less British" and "more informal" in order to help the company succeed in its bid to be really global airline, The Daily Telegraph reported yesterday. The 15.000 staffers have
        AFP  -  192 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1882 42 CITY FLIGHT ETA FLIGHT ETD 0F06 1845 Adelaide BA7J81 1930 8A7382 2055 Fukuoka $0989 1710 S0990 0105 0F81 1930 Of82 2055 Guangihou PRC S0803 1905 C23S4 0910 S0229 2220 C235, 2045 S0804 1020 Amsterdam N***** 0755 KL844 0040 Hanoi VN741 1310 VN740 1410 ***** 0755 KL838
        1,882 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      18 27 Greeks choose Chinese shipyard First Greek owned ship to be built in China was recently delivered. Page 2
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      Page 27 Advertisements Column 2
      352 27 Mutual insurer the TT Club has appointed Colin Ltwin to head its Asia regional office in Hongkong. Mr Lewin takes up his post on July 30, and succeeds Sam Ignarski, who is returning to London to take responsibility for the management of the club worldwide. Both Mr Lewin and Mr
      352 words
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      Page 27 Advertisements Column 3
      68 27 sT I _J r"1 F r~j —rrr-.r pj T roJT [F~~"| J] p p .FT jjfarir/il- Itiiii A inrfV Tin H 7f ff ee t^-ir-r4t±v+^y[ i -1 I \.C--i I Any Destination, Any Time. Sailing schedules to the Americas more. 24 hours a day in the Shipping Guide Fax-On-Demand hotline
      68 words
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      Page 27 Advertisements Column 4
      16 27 KL shippers angry over missing cargo Inefficiency, delays may tarnish M'sia's reputation, they warn. Back Page
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      646 28 it""""""""? i i n 00Q CMMRIM ilWjj 24/04 FJ/O7 VOT MA DMK MM WC IMI I COt IWI «T 00<l HONO KORO 24W524 01/07 It/07 NYK VHOO 001 24/04 14/04 14/04 M/ 04 01/07 07/07 11/07 11/07 SSScZ K S2 22 HONIDUOYDDAJMMM IK 01/07 01/07 01/07 OS/07 ,0/07 ,4/07 ,0/07
      646 words
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      Page 28 Advertisements Column 2
      92 28 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Hong Komi A All China Part# (EVERY thur a »un vesseli vt SStL VOY ETD SIN ETA TYO ETA KOI ETA YOK ETA HGO HA OSA
      92 words
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      Page 28 Advertisements Column 3
      606 28 Lines services representee ■«—u Memoes of the Registry of fljjk Accreaited Shipping Agents CjAU Association Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO ACCEPTING ON DIRECT SAILING TO MALE ETA(SIXG) ETA(MALE) MA' Princess Lily V 0298 18/07/98 25/07/98 M/V Princess Lily V 0398 08/OV9B 13/08/98 LILY MARINE SERVICES SINGAPORE Phone 884 72M/*****M Fas
      606 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1071 29 SAX SERVICE (DIRECT) I vessel vor sin eta lax oak mi hou ch coi mem jji **5— Aft SARDONYX 0041 07/07 23/07 27/07 27/07 28/07 27/07 28/07 2>/07 29/07 29/07 mlmmM oi«~ is/07 30/07 03/08 03/08 04/08 03/08 04/0? w/oe—os/05—os/o8 AftJAflt 004E 22/07 06/08 10/0S 10/08 11/00 10/08 11/08 11/Pg
      1,071 words
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      Page 29 Advertisements Column 2
      1984 29 <g) HANJIN SHIPPING HANJIN SHIPPING PTE LTD Imp hom.n com tOOKIMG 32*0235 737 SALES 32*0224 231 DOCUMENT 32*0271 274 OKUTIONS *****41 252 MAIN UW *****55 fU 72W40 C« NO **********0* TO NW USA CANADA USA CANADA' FORVSL/VOY IU S1N~" UNE HAUL/VOY SEA TTW MM TM ol MSP PIT OTT MtM
      1,984 words
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      Page 29 Advertisements Column 3
      489 29 FULLY CONtAINIIISID DBDICATK P *1»V 1 C I S i yini iri« VESSEL VOY_ _SIN_ PKG VOY SIN JKG_ _KEL_ JBN__WS_ SStl n f /r|7 A| Q 7 "p; j KMTC HONGKONG IO4S 02/01 04/00 IO4N OS/OS 04/01 1 1/0* 13/01 14/00 IK I IVO7 I 71/07 |KMTC PUttM IMSII
      489 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1419 30 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MKDITEHRANEAN/CANADA VtSStL TOT SIN LEH HTM MM HAM WV FIX VESSEL [vOY SIN JiO GIT SPt FOS VIC MTH W0 1 1,#7 31 07 01 00 30 07 3107 02 00 JAPAN SENATOR WMO3I 00 07 20 07 20 07 20 07 30 07
      1,419 words
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      Page 30 Advertisements Column 2
      1286 30 MY MMC IJNE Internet Web Site http: //www.yml.com.tw XHkAi'H tfr < E-m«il Address csohp72o.yml.com.tw mimmMMmnimmmmiinnnnmiimmnm WESSCL VOY LEH FXT HAM ANR HFA IIU MING GALAXY AB2OE SLD SLD SID SID SID 07*7 GIBRALTAR BR AB2IE SLD SLD SLD SLD SLD 2£ MING GLORY AB22E SLD SLD SLD SLO 07/07 21*7
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      Page 30 Advertisements Column 3
      437 30 LINE -S- TILi *****56 FAX: *****12 MUARA LABUAN vtssa vor no iu vessei vor etb n* SPO«{ MUAJt A SfOti LM APMOOtT VI7I/* 08/07 11/07 APMGWtT VI7I/W 01/07 12/07 iftOSTOI VIK/90 14/07 17/07 J- POOSPEO VIOE/90 U/07 10/07 *mao«Y vm/98 17/07 20/07 «mou)iT vioe/»o 17/07 21/07 irrosfo vm/90 01/00 04/00
      437 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1443 31 VESSEL VQY SIN POU PKQ PEW BLW SUR DUB BA BIK IRAN TEYFOURI PJL 1287 08/08 17/06 18/08 IRAN MOBIN PJL 1293 21/08 30/08 01/07 IRAN QHEYAMAT PJL 1202 08/07 17/07 18/07 IRAN MATIN PJL 1297 20/07 29/07 30/07 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN 8 CIS COUNTRIES
      1,443 words
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      Page 31 Advertisements Column 2
      1768 31 DIRECT SAILING TO SHANGHAI XINGANG I GENERAL AGENTS: 6 SHENTON WAY TEL: 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICECOSTAR SHIPPING PTE LTD «I/-08DISIIDG SALES/IKGS *****41/43 INWARD DEPT (0/0) *****85 COSTAR AGENCIES (M) SDN BHD CB NO: *****89Q000M TOWEH TWO (*****9) CONVENTIONAI *****50/55 T/SHPMT PERT *****25 TEL 02-07-35 M
      1,768 words
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      Page 31 Advertisements Column 3
      545 31 EASTERN CAR LINER, LTD/^sXr 2 lii Ett (SINGAPORE) PTE LTD ttJEtt I SPtOAUZI IN ROUP A HEAVY UFT UPTO 122 TONS] ECL (SINGAPORE) PI! HO LOADING FOR JAKARTA MUARA MV "CIELO AZUL" V.17 MV "ORANGE SKY" V.83 FTA S n/07/9R ,0/07/9e ETAJKT 11/07/98 ETA MUA 14/07/96 COLOMBO/CHITTAGONG PASIR GUDANG/PORT KLANG/PENANG
      545 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1287 32 EUROPEfIJK/SCANPINAVIA/FINLAND/RUSSIA k SGP ROM ANW HBG THP ZEE LHV IHV THP ROM ANW HBG PKL SGP C n..2™ RW M 1 IM7 31/07 05/08 01/08 03/08 04AM 05/08 E. REFINE RE 016 21/00 23/06 22/06 24/06 26/06 18/07 11/07 t PATTY RW-080 19/07 07/08 12AM 08/08 10AM 11/08 12AM E
      1,287 words
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      Page 32 Advertisements Column 2
      704 32 MAC-NELS SPARE M'SIA Carrier: MM CONTR LINES, INC p. gudang: (07)*****26 1 I\~/ V- J OWMO»iaBQgTW>OOO« SIBU: (064) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P- KELANG: (03) *****77 JKT: (21) *****07 MDN: (61) *****3 KUOUNG (082) *****1-3 BARCELONA HAIPHONG MV "BOTANY BAY" V.8511
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      Page 32 Advertisements Column 3
      436 32 /d > NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VKSEI VOY I SIN I PUi DUB I CFT I R/lAY naniai queen vms 10/07 n/07 22/07 21/07 31/07 NANIAIDKAGON V.007S IS/07 25/07 29/07 03/08 NANUIPIHME VO73S 26/07 09/00 14/08 NANUI VENUS VO7BS 03/08 12/08 14/08 21/06 25/08 GOLDEN
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      404 33 BSA mm MYANMA \pHßk FIVE STAR LINE (Myanmar National Lin*) 1 Loading for Yangon (Rangoon) vessei vor sin ru pin pgu MONO LA ISW $U> smwi 8i w su> MALAYSIA AGENTS: IOUSTEAD SHIPPING AGCNCIES KUL HI (03) *****00 PKL Til (03)*****01 PEN: HI (04) *****02 PGU: HI (07)*****21/4 BANK LINE
      404 words
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      Page 33 Advertisements Column 2
      1216 33 HMNEHYUNDAI MERCHANT MARINE CO., LTD. IVESSEI SOU IfH RTM ANT HAM BRV I FEL Ivpsa VOY I SOU I 184 I NTM I AWT NAO> I MTV I FA I {II I HY FEOCRAI 312W 06/07 22/07 23/07 25/07 28/07 MAAS 5231 19/06 20/06 14/06 16/06 07/07 THAMES 549W W/07
      1,216 words
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      Page 33 Advertisements Column 3
      1185 33 norwegon specialized outocarneri QmsKS mm mmu/ves TO NORTH AND LATIN AMERICA "RORO HEAVYLIFT SERVICE" VESSEL VOY RAMP HEIGHT SIN LAX CHI MIA SAV KAI OftF NYC NEW MO» ITAIKO FBI 4 400 Tors 6.3 M 15/07 10/08 19/08 22/08 24/08 26/08 ***** 28/08 02/09 OS/09 TOURCOING FBIS 400 Tom 6.3
      1,185 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      823 34 BAHQKOK/LAEM CHABANQ JAKARTA/PAN JANG VESSEL VQY SIN BKK LCH VESSEL VOY SIN JKT PJN CHANA BHUM" 25N In Pt IQ/of ANRO JAYAKARTA' 046 In Pt 09/07 BANI BHUM 105N In Pt 11/07 10/07 THANABHUM 294S 08/07 11/07 SINO OCEAN OCNQ93 08/07 11/07 GURU BHUM 85S 08/07 12/07 NANTA BHUM" 401N
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      Page 34 Advertisements Column 2
      522 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD. SINGAPORE 0206 BfMV TEL: *****68 FAX: *****64 TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI I Bintulu I Muara I VISSU VOY SIN ITU viSSIt VOY SIN MUA BSeno V9813E Mlo/07 17/07 MG«U V9813C 13-14/07 19/07 IS«no V9814E 23-24/07 W/07
      522 words
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      Page 34 Advertisements Column 3
      649 34 ACCORD Ck SHIPPING PTE LTD TEL ***** IS (40 Lines) FAX *****30 K*TKLAMG (03) U7lOOl mm wl DIRECT ACCESS m *****55 (EXPORT BOOKING) PASIt CUD AUG (********** I *****34 (EXPOKY DOC), *****39 (IMPORT) rfMAMC (04) 337 1440 URL:HTTP:// WWW.ACCORD.COM.SG MKJUTA (71)640 0770 PORT m SIN "port eta $in port eta
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      442 35 INDONESIA NATIONAL LINE TO EUROPE "H EXPRESS SEMI-CONTAINERtSED SERVICE ~VSL VOY OAM H BURG BREMEN I ANTWERP A VESSEL 47W8 22/00 271 M OMIT 02/09 TO AUSTRALIA ~1 FULL CONTAINER SERVICE VS. VOY BNE SYD MEL H»A AOL FRE P4O NEDU.OYO BRISBANE OBS OM>7 11«7| 22.117 ***** 27/07 K.« AUSTRALIAN
      442 words
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      Page 35 Advertisements Column 2
      934 35 ADVANCE CONTAINER LINES (PTE) LTD A I 140 C® o S ll l #12-00. PIL Building. Singapore *****0 Li TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E OPERATIONS: *****6 a *****05 ■AMOKOK JAKARTA I (Wttkly 9 Slgt mn Sl«« LCH/1 Slg INT) (3 S«illii|s/W»k) VESSEL I VOY
      934 words
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      Page 35 Advertisements Column 3
      861 35 VESSELS VOY SIN I JED MLA LEH HAM THP RTM 7gc VILLE DC VELA N2gW 14*07 22AJ7 27/07 02/08 03/06 QS/08 08AM 08AM VXEDEOEMINA H2BW 21/07 29/07 03AM 06/08 10/08 12/06 12AM 13/08 VILLE D*ORION Y2BW 26/07 06/08 WW 16/06 17/08 I*oB 19/06 20AM VILLE DE MIMOSA V27W _OVO6_ 12/06
      861 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      51 37 STE SLB Dial 740 '6000 on demand —(Retrieve more schedules!) Press "1" ctc Select the port and key in s 'yJ the four digit code eg: To New York (NYC) 2275 Key in your fax number Enter your phone number Another innovative service offered by The document will be SHIPPING
      51 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      47 39 STE|j[| Dial 740-6000 on demandl —(Retrieve more schedules!) Press 1" Select the port and key in jfeJ the four digit code eg: To New York (NYC) 2275 Key in your fax number your phone number Another innovative service offered by The dOCUIT»ent Will be SHIPPING TIMES gsass.
      47 words
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      109 41 LEGEND R Thunderstorm Temperature c /C\ how#r Weoth.r Wind d.rect,on with speed m knots Rom (J Cloudy Sky Wove height Surfoc. winds ore .nd.coted by crow, which fly wlt h the wind L. TTm It rePreSemS CQ m nd V nob, hoW 5 knon Wo, O r Sen,S 1° knOU
      109 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      94 42 is the shipping agents for Hyundai Merchant Marine J Co Ltd. Seoul and is part of the Hyundai Group. We l have an immediate vacancies for: I Candidates must have Shipping experience in Liner Trade Self motivation Strong communication interpersonal skills t Preferably possess own vehicle Interested applicants are required
      94 words