The Business Times, 2 September 1998

Microfilm: NL21222
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES mita(P) ii<yiaw Internet: http://business-times.asial.com.sg/ SINGAPORE WEDNESDAY, SEPTEMBER 2,1998 85C
    12 words
  • Article
    MARKET SUMMARY
    59 1 Q 82X33 (-33.10) □JY-SII ***** (-6.70) nsrooHP ll«0L79 (-39.29) assr™* STOdMilKET DIDKBS Tuesday Change KLSE COMP M.n -MJ1 NIKKEI *****.63 >261.74 HANG SENG 7,***** -111*7 SET INDEX 211.W__4.44 JAKARTA COMP _J8i» 16J9 MANILA COUP —1,191.76. 4.49 TAIPEI WPl 4335.09 -SliuB SEOULOOMP *****1 -0.46 CLSA CHINA B 644.79 +111
    59 words
  • Article
    FINANCE
    72 1 fobexiates ust St U8$_ 1.741 £(U8l/SlperS) 1177 Utt D* L7I7 ma YEN 1)8.4 1JM* lilt 0.U4 HKS— 7.749 93X6 BAOT 40.700 O.MS RUPIAH 10J926 Mil* •stmmwm PUKE KITES SINGAPORE* 7* KUALA LUMPUR HJO JAKARTA J8J| BANGKOK 14.75 MANILA nm HONGKONG 1 l«j» TMPH m SYDNEY 846 TOKYO 1M SEOUL
    72 words
  • Article, Illustration
    Lock icon Dr M unveils radical exchange controls
    1416 1  -  Offshore trading of ringgit banned, funds to be repatriated From From Eddie Toh and Meera Tharmaratnam Source: Bank Negara in Kuala Lumpur DECLARING war on currency speculators, Malaysian Prime Minister Mahathir Mohamad yesterday effectively banned offshore trading of the Malaysian currency and vowed to
    Source: Bank Negara; REUTERS  -  1,416 words
  • Article
    Lock icon IMF warns of greater peril
    78 1 Reuters [WASHINGTON] The International Monetary Fund (IMF) warned yesterday that foreign exchange controls imposed by Malaysia might undermine investor confidence, putting the fragile economy in greater peril. "In general, the IMF believes that any restrictions imposed on the movement of capital is not conducive to
    Reuters  -  78 words
  • Article
    M'sian equity market will be decimated, say brokers
    435 1  -  Fund managers jolted by 'hold shares for a year'condition Bu\ Ven Sreenivasan Wong Wei Kong [SINGAPORE] Several fund managers and brokers say the Malaysian stock market will be decimated by the exchange control measures introduced yesterday. "As far as I am concerned,
    435 words
  • Article
    Lock icon Dow up 142.12 points at 1 pm EDT
    116 1 AFP Bloomberg [NEW YORK] The Dow Jones blue-chip index moved back into positive territory in early afternoon trading yesterday after an early plunge mirrored Monday's collapse. At 1 pm EDT, the index was up 142.12 points at 7,681.19. Earlier, the Dow was
    AFP; Bloomberg  -  116 words
  • Article, Illustration
    Lock icon Clob stocks crash 14% from double blow
    784 1  -  Non-recognition by ELSE, new capital controls take toll From R Sivanithy in Singapore and Eddie Toh in Kuala Lumpur MALAYSIAN stocks traded over-the-counter in Singapore crashed almost 14 per cent yesterday, hit first by Monday's announcement that the Kuala Lumpur Stock Exchange would
    Source: Bloomberg  -  784 words
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  • MALAYSIAS'S EXCHANGE CONTROLS
    • Article
      Banks in S'pore arranging way out for ringgit deposits
      354 2  -  By i Siow Li Sen [SINGAPORE] Banks in Singapore were stunned yesterday by Malaysia's "shock" currency controls and could offer no answers to anxious customers who have ringgit deposits with them. The controls, according to Malaysian Prime Minister Mahathir Mohamad, will
      354 words
    • Article, Illustration
      Lock icon Limited impact seen on S'pore export and financial sectors
      400 2  -  Measures will be small headache for S'pore firms, say analysts By Audrey Tan [SINGAPORE] The measures announced by Malaysia could affect Singapore's export and financial sectors, but the impact should be limited, analysts said yesterday. Most said ringgit deposits in Singapore's
      AFP  -  400 words
    • Article
      Banks with M'sian equity as collateral may face dilemma
      253 2  -  By Ven Sreenivasan [SINGAPORE] Singaporebased banks sitting on Malaysian equities pledged as collateral for loans will face a huge dilemma if they are forced to sell the stocks, say analysts. The analysts were responding to the shock announcement yesterday that investors
      253 words
    • Article
      S'pore business groups shocked
      419 2  -  By< Carol Eng [SINGAPORE] Singapore business associations were taken aback by the currency and capital flow controls announced by Malaysia yesterday and wQndered at the inconsistency of Malaysian policies. "It will definitely affect investors in Malaysia, and the bad outweigh the good," said Derek Goh, president
      419 words
    • Article, Illustration
      Lock icon Ringgit up 4.5% on rush to cover oversold exposure
      525 2  -  By Larry Wee [SINGAPORE) The ringgit was quoted at 4.0150, up an impressive 18 sen, at the end of Asian trading, after Malaysia announced capital controls that effectively put an end to all offshore trading of its currency. Traders cautioned, however,
      Source: Bridge  -  525 words
    • Article
      What they say
      514 2 'As far as I am concerned, it is game over. It looks like the Malaysians are sacrificing their equity market to rein in their economy. A lot of brokers, foreign exchange dealers and other market professionals are going to be out of a job soon.' Head of
      514 words
    • Article, Illustration
      A bold but high-risk gamble
      936 3  -  OOMMBMTABY Much will depend on how Malaysia actually Implements Its radical new policy By Vikram Khanna MALAYSIA'S announcement of currency controls, while rumoured to have been in the works for some weeks now, nevertheless came as a bombshell yesterday for investors, traders and businessmen. While
      936 words
    • Article
      Lock icon Bank Negara's statement
      1260 3 Source: Bank Negara The following are extractsfrom yesterday's statement THE government of Malaysia has decided, effective today, Sept 1, 1998, to implement a series of measures to insulate the Malaysian economy from the risks and vulnerabilities of external developments. The overriding objective of the new measures is
      Source: Bank Negara  -  1,260 words
    • Article
      Electronics firms to track forex rate
      241 3  -  By, Jennifer Lien [SlNGAPOßE] Singapore electronics firms with manufacturing operations in Malaysia said yesterday that the exchange controls Bank Negara introduced will have minimal impact on them, but they are keeping a wary eye on the exchange rate to be fixed for the ringgit.
      241 words
    • Article
      London traders view changes with alarm, confusion
      414 3  -  They see problems with redemptions, banks' positions From Neil Behrmann in London LONDON fund managers and brokers reacted to Malaysia's exchange controls with confusion and deep pessimism. "Obviously it is negative for foreign investors, local investment and the economy," said a UK fund
      414 words
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      204 3 I lit it't 1 \OlMs ht»M (1 'Ml VMM o\vp expectations ahout compt t'ti\i positioning, imk» ..It elopnu'lit-andvout own piofiliny in u i When's the •niroiatcd' inaiket In n it s (inn toi you 'o dl kl'. \|V\ \.\lR() Bank Will pil! lilt"! Of! 1,1 rioht moment "I"'?'"" 1 w
      204 words
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  • FOCUS: MONET MATTERS
    • Article, Illustration
      Lock icon How KL moves affect non-residents
      1093 4  -  Some ways individuals, companies and banks can resolve ringgit holdings By Larry Wee [SINGAPORE] PRIME Minister Mahathir Mohamad went to great lengths over Malaysian television yesterday to put forward his case for capital controls. But the underlying theme is that the country has deemed it
      Source: HypoVereinsbank  -  1,093 words
    • Article
      Why hedge funds are so dangerous
      539 4  -  By. Larry Wee [SINGAPORE] Events in the Hongkong financial markets over the last two weeks, where the authorities have taken the unprecedented step of intervening to punish speculators, have prompted us to reproduce an excerpt of an article which first appeared in BT on
      539 words
    • Article
      What Japanese banking sector reform?
      371 4  -  ANALYSIS By\ Dave Lewis The writer is managing director of research house 4Cast's Singapore office. [SINGAPORE] News that the Long-Term Credit Bank (LTCB) of Japan will be bailed out by a merger with Sumitomo Trust is seen as a positive event because the Japanese government
      371 words
    • THE WEEK AHEAD
      • Article
        United States
        141 4 Friday: August employment data will be stronger, reflecting the end of the General Motors strike. IDEA suggests this could add about 140,000 jobs to their estimate of a 325,000 non-farm payroll number, while MMS is going for a higher 385,000. The overall unemployment rate, meanwhile, could dip to
        141 words
      • Article
        Russia
        18 4 Yesterday-tomorrow: President Clinton visits, amid uncertainty over the Russian Duma's confirmation of Victor Chernomyrdin as prime minister.
        18 words
      • Article
        Japan
        76 4 Today and Friday: Yen-sellers may take a breather, with Japanese Finance Minister Kiichi Miyazawa scheduled to give a briefing today and meeting US Treasury Secretary Robert Rubin and Fed Chairman Alan Greenspan in San Francisco on Friday. Tomorrow: Japan's overall consumption expenditure likely to show a further fall of
        76 words
      • Article
        Indonesia:
        53 4 Today: IMF's Hubert Neiss scheduled to arrive in Jakarta today as part of the regular monthly review process. "The IMF is expected to applaud the latest bank restructuring programme, although there are likely to be discussions with regard to the financing of the Asset Management Unit and the long-awaited
        53 words
      • Article
        Lock icon Singapore
        50 4  -  Compiled by Larry Wee Sources: ABN-Amro (ABN), Independent Economic Analysis Holdings (IDEA) and MMS International Monday (Sept 7): The Singapore International Monetary Exchange will launch trading in Singapore stock index futures based on the MSCI (Morgan Stanley Capital International) Singapore "Free" Index to be known as SiMSCI for short.
        Sources: ABN-Amro (ABN), Independent Economic Analysis Holdings (IDEA) and MMS International  -  50 words
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      103 5 EART H s ATMOSPHERE IS MADE ft*"' f .y* NITROGEN,,□ X > Y«fiß®Es v i w > ."S'> ■mmr y „•«?*«,*-*/'.c-'•-;%/^>* c--* •< rjjjjgt M ''m J"'* 1 f j** w v> .f f\»L *.*l**/*'*£J. ~Js*~' y'' V I IRIDIUM MOTOROLA j OK < > a Q 0 MOTOROLA 1
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Private sector commits $654 m in S'pore R&D in 1st half
      491 6  -  NSTB TECH MONTH 98 Electronics cluster makes np half of total; investment seen at 1997 level By\ Raju Chellam THE private sector committed $654 million in research and development investments in Singapore in the first half this year, with
      Source:  -  491 words
    • Article, Illustration
      Lock icon NSTB scheme to nurture local high-tech start-ups
      545 6  -  ByT* By Toh Han Shih and Raju Chellam THE National Science and Technology Board (NSTB) will invest $10.8 million over the next three years to help local technology start-ups. Under a new Technology Incubator Programme, the fledgling firms will get help to turn
      CHRIS LOH  -  545 words
    • Article, Illustration
      Lock icon Indon firms will gain from Natuna pipeline: EDB chief
      359 6  -  From Shoeb Kagda in Jakarta ECONOMIC Development Board (EDB) chairman Philip Yeo yesterday said Indonesian companies stand to gain from the development of the 470-kilometre pipeline linking the huge Natuna natural gas field to Singapore. As most of the fabrication work
      REUTERS  -  359 words
    • Article
      Shell cutting oil production by further 50% this month
      387 6  -  By Ronnie Lim REFLECTING the worsening regional market for oil products, Shell, the largest oil refiner here, is further slashing production by half this month down to its lowest level in recent memory, if not its all-time low. Others, including Mobil
      387 words
    • Article, Illustration
      More vehicle tax cuts possible with phase II of ERP: Mah
      335 6  -  But any adjustments will be gradual, minister warns By l Christopher Tan FURTHER reductions in vehicle taxes are possible when the next phase of electronic road-pricing (ERP) is put in place. But adjustments, if any, will be gradual, Communications
      335 words
    • Article
      SMEs seen facing tighter credit
      288 6 THE credit crunch for small and medium enterprises will worsen yet, Singapore Confederation of Industries (SCI) president Robin Lau has warned. Noting that financial institutions and trade creditors though not banks have al- ready squeezed or called off companies' credit facilities, he said: "Banks are
      288 words
    • NEWS Roundup
      • Article
        pirated CDs seized
        69 6 MORE than 1,500 pirated compact discs worth over $19,000 were seized on Monday alter the Criminal Investigation Department raided five stalls and arrested eight men at New Bugis Street. If convicted under the Copyright Act, the men could be fined up to $10,000 for each offending article
        69 words
      • Article
        Jayakumar in S Africa for NAM summit
        56 6 MINISTER for Foreign Affairs S Jayakumar is in Durban, South Africa, for the 12th Non-Aligned Movement (NAM) Summit being held today and tomorrow. Professor Jayakumar will hold bilateral meetings with foreign ministers from several countries as well as with Thai Deputy Prime Minister
        56 words
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  • REGION
    • Article
      Lock icon Indon govt details graft cases in state firms
      484 7 JAKARTA Pert&mina to save USsB3m in clean-up; doubtful deals linked to Suharto kin Reuters AFP INDONESIA yesterday gave details of corruption it had unearthed in state firms and departments during the regime of former president Suharto and indicated many dubious government contracts
      Reuters; AFP  -  484 words
    • Article
      Lock icon First suit filed under new, stricter Indon bankruptcy law
      303 7 JAKARTA Creditors file petition against firm owned by Astra founder's daughter Reuters INDONESIA'S first bankruptcy suit under a new law demanded by the International Monetary Fund was filed yesterday, when creditors moved against a property development company owned by the daughter
      Reuters  -  303 words
    • Article, Illustration
      Lock icon Woman power
      46 7 [JAKARTA] An Indonesian female soldier yesterday ejecting a shellfrom her assault rifle during a demonstration ofskills in Jakarta to celebrate the 50th anniversary of thefirst enlistment of women in the Indonesian military. Some 6,790 women are today enlisted in the Indonesian Armed Forces. AFP
      AFP  -  46 words
    • Article
      Lock icon Dr M denies talk of cabinet reshuffle
      233 7 KUALA LUMPUR Bernama MALAYSIAN Prime Minister Mahathir Mohamad yesterday denied rumours of a cabinet reshuffle. "There is no truth in speculations of changes in the cabinet line-up, until it becomes the truth," he said when asked to comment on speculations of changes in
      Bernama  -  233 words
    • Article
      Lock icon M'sian firm plans US$2b complex in Philippines
      118 7 MANILA Bernama A MALAYSIAN firm has proposed to put up a US$2 billion (553.5 billion) industrial complex in the Philippines that would employ 20,000-30,000 people. The proposal was in a letter the PEC-Electrical Manufacturing Corp sent to President Joseph Estrada early this week
      Bernama  -  118 words
    • Article
      Lock icon Hun Sen's CPPis officially declared winner
      262 7 PHNOM PENH AFP ELECTION authorities yesterday officially declared the Cambodian People's Party (CPP) of strongman Hun Sen the winner of July elections, setting the stage for a showdown with the opposition which rejects the results. The National Election Committee announced the final official returns
      AFP  -  262 words
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  • ASIA'S ECONOMIC SLUMP
    • Article, Illustration
      Lock icon Nikkei's 1.9% rise may mark investors' return from US, Europe
      620 8  -  Inflow triggered by plunge on Wall St, weakening US$ and bond prices: analysts From Anthony Rowley in Tokyo TOKYO stock prices defied the global trend towards meltdown yesterday and rose smartly in what some analysts believe may mark the beginning
      Source: Bloomberg; AFP  -  620 words
    • Article, Illustration
      Lock icon Hongkong tightens rules on short-selling
      679 8  -  If scrip is not delivered on time, positions will be closed immediately From Quak Hiang Whai tn Hongkong HAVING pumped more than HKSIOO billion (5522.5 billion) into equities and futures now worth billions of dollars less the Hongkong government moved quickly yesterday to crack down
      REUTERS  -  679 words
    • Article
      S&P, Fitch IBCA cut HK's sovereign, bank ratings
      562 8  -  Govt calls S&P move unjustified but Hang Seng slips 3% hYorh Loh Hui Yin in Hongkong HONGKONG was dealt a double whammy yesterday when two international credit rating agencies downgraded the sovereign rating of its foreign and local currency, as well as
      562 words
    • Article
      Lock icon Taiwan says govt may buy stocks directly
      305 8 Bloomberg [TAIPEI] President Lee Tenghui said Taiwan may buy stocks directly and cut transaction taxes, joining several other Asian governments trying to shore up their sagging stock markets. Mr Lee said he will ask the Ministry of Finance to study having government-con-trolled funds
      Bloomberg  -  305 words
    • Article
      Fears of KL-style currency controls depress Thai stocks
      364 8  -  Dow plnnge, worries over impact of EL move also cited From Harish Mehta in Bangkok THAI stocks fell almost 2 per cent yesterday as concerns grew over whether Thailand would follow Malaysia in imposing currency controls, and over the bloodbath in the
      364 words
    • Article
      Thai cabinet okays masterplan to privatise state firms
      519 8  -  From', Harish Mehta in Bangkok THE Thai cabinet yesterday approved an ambitious masterplan to privatise its stateowned enterprises (SOEs) in a bid to sharpen their competitive edge, give foreigners a bigger stake in them, and unburden the state. The masterplan, based on
      519 words
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  • TRAVEL SPECIAL
    • Article, Illustration
      High, low, ends of the earth
      1174 9  -  These are the places attracting Singapore holiday makers increasingly, barring economic downturn, reports jaime ee JAIME EE IT'S funny that while the general moodiness over our economic woes may be dampening any travel plans that we have, the irony is that it's probably cheaper
      1,174 words
    • Article, Illustration
      Lock icon Having a soft spot for adventure
      699 10  -  Six Days, Seven Nights' type of itinerary might be too tough, but Singaporeans are ready for soft adventures Ry\ Parvathi Narayan LOTS of Singaporean tour companies are advertising "adventure getaways" these days. While you know that "adventure" probably does not mean fighting off ravenous
      FILE PHOTO  -  699 words
    • Article
      In search of a suitable travel case
      361 10  -  By\ Susan Tsang IF you want to go travelling, next to your passport, a good piece of luggage is essential. Whether you should get a hard suitcase or a soft one depends on how often you travel, and why Those whose business has
      361 words
    • Article, Illustration
      Dive into the tropical sea of life
      1109 11  -  Warm and balmy equatorial waters from Maldives to Myanmar are teeming with life and just begging to be dived By, Jeffrey Tsang ASIA, with its long history, ancient civilisations, and gentle charms has been the tourist continent of choice. A lesser-known fact, though,
      1,109 words
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      96 words
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  • REGION
    • Article
      Lock icon N Korean missile test a threat to the region: Seoul
      259 13 SEOUL Reuters SOUTH Korea said yesterday that North Korea's "reckless" test-firing of a missile over Japanese territory posed a direct threat to South Koreans and the region. A cabinet meeting of 15 ministers "expressed serious concerns over North Korea's reckless
      Reuters  -  259 words
    • Article
      Lock icon Hyundai union workers reject deal; unrest likely
      159 13 SEOUL AFP UNION members at South Korea's largest auto firm Hyundai Motor Co yesterday rejected a government-bro-kered agreement over sackings, raising the spectre of renewed labour unrest after months of strife at the firm seemed finally over. The agreement struck a week ago
      AFP  -  159 words
    • Article
      Lock icon China ups limit on bank loans to 1t yuan for '98
      531 13 BEIJING Move to help agriculture, industry recover from floods: central bank official Reuters AFP CHINA has decided to boost the ceiling on loans extended by state banks to one trillion yuan (*****.9 billion) for the whole of 1998 to
      Reuters; AFP  -  531 words
    • Article
      Lock icon Death penalty for black market yuan traders
      320 13 BEIJING China papers repeat warnings to curb yuan speculation Bloomberg CHINA yesterday warned that black market traders could face the death penalty for illegal earnings of as little as US$5O,OOO (S$89,000). The stern reminder was issued in financial newspapers as authorities attempt to
      Bloomberg  -  320 words
    • Article, Illustration
      Lock icon I'll call it quits if I lose polls: Howard
      368 13 MELBOURNE Reuters Reuters, Bloomberg AUSTRALIAN Prime Minister John Howard, battling to have his government re-elect-ed after less than one full term in office, said yesterday he would probably quit politics if he lost the Oct 3 election. "I don't think I'd
      Reuters; Reuters, Bloomberg; REUTERS  -  368 words
    • Article, Illustration
      Ms Zeti may be the Bank Negara chief Malaysia needs
      617 13  -  ASIAN VZEW Acting chief adept at balancing needs of financial system and real economy By Yang Razali Kassim IT is inevitable that Ahmad Mohamed Don now wears the badge of "scapegoat" for Malaysia's sharp economic recession. Somebody has to pay
      617 words
    • Article
      Lock icon Tata cancels plan to start airline
      432 13 NEW DELHI Company blames repeated delays in govt approvals Reuters INDIA'S Tata Industries Limited yesterday withdrew a controversial proposal to start a domestic airline with foreign equity participation due to repeated delays in government approval. The Tata group, one of the country's leading industrial
      Reuters  -  432 words
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      15 13 Buy It. Sell It. Find It. /iV, Classified. Call Today For Results Tomorrow. CAT,s, i
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  • THE WORLD
    • Article, Illustration
      Lock icon Yeltsin promises to continue with post-Soviet reforms
      572 14 THE KRKmhIN SUMMIT Clinton offers no new cash, says only reforms will get investors back Reuters [MOSCOW] Russian President Boris Yeltsin promised his ally Bill Clinton yesterday that he would not back away from post-Soviet market reforms even if more state intervention was
      Reuters; REUTERS  -  572 words
    • Article
      Lock icon Russia must stick to reform promises: Clinton
      453 14 MOSCOW Bloomberg PRESIDENT BUI Clinton said yesterday Russia must stick to its promises to reform banking and tax systems if it expects to emerge from its economic crisis and win support from investors and the US. "Investors and entrepreneurs have a very wide
      Bloomberg  -  453 words
    • Article
      Lock icon Lawmakers vow to oppose Chernomyrdin bid
      322 14 MOSCOW AFP RUSSIAN parliamentary leaders vowed yesterday to oppose to the last Viktor Chernomyrdin's bid to become premier, setting the stage for a bruising political confrontation with President Boris Yeltsin, who stood squarely behind his candidate. Influential Parliament Speaker Gennady Seleznyov said Mr Chernomyrdin
      AFP  -  322 words
    • Article
      Lock icon UK manufacturing shrinks for 5th month running in August
      472 14 LONDON Fall in demand at home and abroad to blame: report Reuters BRITAIN'S manufacturing sector shrank for the fifth month in a row in August due to a further fall in orders from both home and abroad, the Chartered Institute of
      Reuters  -  472 words
    • Article
      Lock icon July rise in US leading indicators eases fear of slump
      411 14 WASHINGTON Bloomberg THE US index of leading economic indicators (LEI) rose in July for the first time in three months, which could ease concerns of a recession anytime soon. The Conference Board's index, intended to project economic activity over the
      Bloomberg  -  411 words
    • Article, Illustration
      Lock icon Fighting for breath?
      78 14 [NEW YORK] A New York City tourist yesterday inspecting a statue of a bull, a fixture on lower Broadway in the financial district of Wall Street, which symbolises the strength of the stock market. The bull has ended his run, however, with the Dow Jonss Industrial Average
      AFP  -  78 words
    • Article
      Has the long-dreaded bear market arrived on Wall St?
      575 14  -  Analysts say bottom is close but investors won't rush to bny From, Andrew Marks in New York MONDAY'S 512.61-point decline in the benchmark Dow Jones Industrial Average was the latest and most dramatic plunge in a six week-long wave of selling
      575 words
    • Article, Illustration
      Lock icon US economy sound despite stock plunge: Rubin
      311 14 WASHINGTON Bloomberg THE US economy remains on a sound footing with low inflation and low unemployment even after the latest plunge in stock prices, Treasury Secretary Robert Rubin said on Monday. US markets smoothly handled the flood of seU orders, Mr Rubin said,
      Bloomberg  -  311 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon HK plays David to speculators' Goliath
      840 15  -  IBB BOTTOKLDTE OPINION By Tom Plate The writer, a Los Angeles Times columnist, also teaches at the University of California, Los Angeles. Email: Tplate@ucla.edu LAT-WP HONGKONG, the most open economy in Asia, even the world, is now struggling to escape imprisonment by speculators with
      LAT-WP  -  840 words
    • Article
      IN OTHER WORDS
      89 15 Any kid in Russia can tell you the main problem of the Russian government It's that there are thieves in it. That's it' -Griggry Yavlinsky leader of the opposition Yabloko political party in Russia. .'I think they just stepped away for a moment They may have gotten
      89 words
    • Article
      Summit of the politically wounded
      610 15 EDITORIAL A POLITICALLY ailing Bill Clinton, whose presidency seems to be sinking into an ugly sex scandal that is raising questions about his ability to manage foreign policy crises, met yesterday with a physically ailing Boris Yeltsin, whose hold over Russia continues to be eroded
      610 words
    • Article, Illustration
      Lock icon Capitalism under siege
      969 15  -  Asia may need exchange controls to boy some stability and pnt its financial affairs back in order By\ Henry Engler Reuters THE financial meltdown spreading across the world's emerging markets is calling into question the supposed benefits of unbridled capitalism and its suitability for developing countries undergoing
      Reuters; FILE PHOTO  -  969 words
    • Article
      WHAT THE OTHERS SAY
      607 15 moooblm most aek FOR most of the past decade, the individual US investor has been a bulwark against panic in world financial markets. When money managers got scared and started selling, it was individuals who bought, believing all declines, like the 1987 crash, were buying opportunities.
      607 words
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      Page 15 Advertisements Column 1
      114 15 Asia's economy is weathering a few storms. But is there I I I a silver lining to the dark clouds? Watch the definitive TV I I guide that not only pro\*ides in-depth analyses of the I I economic turmoil but also offers possible solutions. Sk Asia in Crisis. Every Friday.
      114 words
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      1102 16 k 1 mm I |K- .•rr, Mm> fl| m I H I I Mm K K 1/ I n I I jLb |i/I I JHMMMMk MESSAGE investment. THe country has also suffered froma prolonged drought that has devastated raw materials, fuels, equipment and consumer goods to further economic develooment nH
      1,102 words
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      1111 17 I I I JOL nL/» v JL JL m J- SOCJJ) E_CON_QMIC mJLRAMLBJICTJLJLE PROGRAM VIETNAM towards the next millennium I A programme to develop socionicononucinfrastnicture will be initiated and upgrade) to I The Government s programme to develop external economic relations has increased the nsure necessary premises for Vietnam's development
      1,111 words
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  • EXECUTIVES LIFESTYLE
    • Article, Illustration
      Lock icon Sampras, Hingis breeze through US Open 1st round
      477 18 Both title-holders to face unseeded opponents in next round; Berasategui first men's seed to fall Bloomberg WOMEN'S No 1 seed Martina Hingis opened the defence ofher title with a 6-2,6-0 victory over Aleksandra Olsza, a qualifier from Poland. Pete Sampras, who is
      Bloomberg; AFP  -  477 words
    • Article
      Lock icon Investors vent their anger in cyberspace
      339 18 PURSUITS Chat-rooms torn sombre as markets and morale sink NYT [NEW YORK] Said one investor on a Yahoo discussion forum called Follow the Yellow Brick Road: "I'm back to where I was sometime in the middle of January. I'll go slit my wrists now."
      NYT  -  339 words
    • Article
      Lock icon New strain of Aids virus found in Africa
      589 18 HEALTH Bnt new variant does not threaten safety of blood supply or public health as it is extremely rare Washington Post FRENCH researchers have discovered a new strain of the Aids virus in Africa that is so different from other known strains
      Washington Post  -  589 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      29 18 Depm opus Only Bor win&> TdcashioygßZ, Food d£. Tel: 276 4668 u auATMtizeds to teMm Mtofriatt, jo dowv tvzil t mit s «*h**»m| To«w*, #02-30 JKg| IMemHf, Matycax t&e
      29 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      123 18 THIiWEAT 11 SfcafMporai Cloudy light rain clearing in the early evening. Temperature (27/23 C) u a* <tar SMMa IM7 dmtj tkmdj Meat IM2 dm View 11/20 dear sSff Sts T *221 ,ho r™ wb* cm. W «tar Attn* 11/jg dm BumotAlrai W dowh Sg 1 221 22?°" iVU <**** CMap>
      123 words
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      268 19 I Wherp to WHIP Hinp QnH f Diners Club Offers FREE SOS" Global r„ I HUCIC IU Ulilt dlKl cntenaino. *H \W intemationaT Emergency Refemds Whilst overseas. 290 4545 I 1 I -very Monday U Senior Citncn'a Day al the ANA I fold. Anyone 60 ami aluivc can enjoy tuffel
      268 words
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      Page 19 Advertisements Column 2
      149 19 CAfE DT, G'R&tfp LtVZLI /fflfjWV Daily A La-Carte menu. Western and local C /I f 'y favourites chef s M J speciality top selling g m Hainanese Chicken Rice, jNasiGoreng Istimewa, etc. Function Room available. for private parties, company dinner and dance, conference, seminar and meeting. Contact F B Department
      149 words
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      Page 19 Advertisements Column 3
      162 19 CAnfonMt fifajilc for ifArferx, locaL fAvourlfex flour imach count... MAUKCKS' Ai-Lfy UuffCT fo lOpiM 4 &LH#tUg t* ZO+++ pw Adctf I ***** per child I SI -PALM TFRRACEr ANI) POtJt Level 5 Royal Crowne Plaza Singapore. 25 Scotts Road, Singapore *****0. V73i-7*90 ||||g|||i Health conscious gourmets can partake in a
      162 words
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      Page 19 Advertisements Column 4
      177 19 Buy It. Sell It. Find It. Classified. CATS. I Call Today For Results Tomorrow. **********6 I NOIVYA BUFFET PROMOTION L NIBBLES CM^-* Hmanrm r5Ta only FROM IST SCPT TO 30TH SEPT 98 FEATURING DISHES SUCH AS A YAM PANGGANG. GORENG I KAN BAKAR. GORENG KANG KONG. GARAM ASSAM, OTAKOTAK. AN
      177 words
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      Page 19 Advertisements Column 5
      121 19 DISCOVER THE NEW LOOK PINECOUPT Chinese Restaurant WHERE PINING IS TRULY A Beautiful experience For reservation*, pieaae call 831 HM SSI 6966 .fLutJkuvt S 333 Orchard Road Singapore (***** Tel: 737 4411 WHao's Polity pgli«)UH. J From Isi 30fh September there're rWO different award winning Jishes on special every day
      121 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      753 19 TVVRADIO 10.30 News 5 Tonight. 12.00 NN Response TV. snn J Innovations. 11.00 Business Day. 2.00 PM TV Innovations. »r Kidz Blitz: Sesame 11.15 Frasier Three Dates 4.00 Setulus Kasih. j 500 ThTsiivprßn.mh,, A Breakup (See Our 5.00 Keluarga Harmuni (r). 1 S A erßrumb y- Choice),(Pti). 5.30 Selamat Pagi
      753 words
    • Miscellaneous
      Page 19 Miscellaneous Column 2
      232 19 CKVFTIC CROSSWORD ACROSS 1 Very fierce soldiers horrify 8 Drop the plates when you )H|— 13 Worker, dismissed, gets dole 15 Live in, dressed as monk? (7) -ll—-MB!—I 17 Get close to mill machine (4) 19 Old instrument is rare, because little used (5) il»2j 21 Hard worker becomes king
      232 words
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  • WIRED FOR BUSINESS
    • Article, Illustration
      Lock icon The Net's Great Communicator
      799 20  -  The Netrepreneur need not be a geek or spring chicken; ask Netscape's Jim Barksdale. mm m iwh jambs did. KENNETH JAMES THIS week's meltdown of the US stock market hit counters across the board, and Internet favourite Netscape Communications Corp was no exception, shedding 5 Vi
      CHRIS LOH  -  799 words
    • Article
      Netscape's window of opportunity
      360 20 NETSCAPE didn't invent the portal. But with its Web site, now called Netcenter, it's reinventing the concept in its own image; and businesses as well as consumers are buying into the idea. The term refers to heavily trafficked Web super-sites that offer a multitude of services
      360 words
    • BOOK marks
      • Article
        Getting postage through the Net
        86 20 THE US Postal Service has approved the test of Stamp Master's Internet Postage technology of delivering postage over the Internet. The service allows users to print e-poetage delivered over the Internet directly into envelopes or labels using ordinary laser or inltfet printers. Stamp Master says
        86 words
      • Article
        Net users, shoppers on the rise
        118 20 A NEW survey by Nielsen Media shows that more people are logging on to the Net and also shopping online. The number of Netizens older than 16 in the US and Canada reached 79 million as of June 1906, up 36 per cent over
        118 words
      • Article, Illustration
        Property previews
        89 20 PROSPECTIVE buyers of private condominium; and houses can now get the floor plans on the Net through a new service by the Singapore Institute of Surveyors and Valuers (SISV), and Asia One. This is part of the services provided by SISV on its ReaLink Web site, which also
        89 words
      • Article
        Giving voice to the chat feature
        122 20 AT&T (www.att.net) has launched a new version of its Chat 'N Talk service on Lycos (www.lycos.aHn). allowing users the option to put a voice behind the chat. The service essentially ties the chat feature on the Internet with the standard telephone. The Chat 'N
        122 words
      • Article
        Gateway debuts affordable PC-TV
        81 20 GATEWAY Inc Is now offering a system that combines a personal computer and a 27-inch television monitor for undo- US$2,OOO (553.561). This is an effort to remove barriers inhibiting the growth of the market for PC-TV convergence devices. Just a year ago, systems like the one
        81 words
      • Article
        Shop for bargains at eSale
        69 20  -  Compiled by Francis Ang THE Great Singapore Sale may be over but there's another shopping event now happening on the Web. eSale is an effort by the Shopping Village Web site to showcase selected online retailers on its site which offers discounts to Net shoppers.
        69 words
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      272 20 <© e-buMnew e-business BAT 7AM: SIGNED A DEAL IN HONGKONG. software financing AT 7.10: BOUGHT A BASKET OF RAMBUTANS. at attractive AT 7.20: MET CUSTOMERS IN PARIS. AND AT 7.30: STARTED TO GET DRESSED. Imagine waking up and getting things done before leaving your apartment. Sounds useful? It's available right
      272 words
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      7 20 brought to you by ===rdE r Sz
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  • COMPANIES & MARKETS
    • Article
      Tuan Sing shocks with $39.2 m interim loss
      621 21  -  Group hit by property and construction losses, latter through SPP By] Lee Han Shih [SINGAPORE] Listed Tuan Sing Holdings yesterday announced a shocking $39.2 million interim loss and said it does not expect to make a profit this year. For the six
      621 words
    • Article
      Chew Eu Hock IPO 13.4 times subscribed
      338 21  -  Engineering group draws 3,594 applications for 46.7 m shares By] Eugene Low [SINGAPORE] Civil engineering group Chew Eu Hock Holdings (CEH) announced yesterday that its initial public offer was 13.4 times subscribed at the close on Monday. The group said it received 3,594
      338 words
    • Article
      DBS clarifies Sing Tel weighting in revised DBS-50 Index
      322 21  -  SingTel's market cap lowered by a factor of 0.4 By. Annette Pau [SINGAPORE] DBS Bank yesterday said its revised DBS-50 Index has lowered the market capitalisation of Singapore Telecom by a factor of 0.4 to reduce its "overwhelming influence" on the
      322 words
    • Article
      Storage group IMS to build $71m facility
      205 21  -  By'. Poo-Cheong Wai Ming [SINGAPORE] Inchcape Marketing Services (IMS) yesterday announced that it would be building a $71 million automated warehousing and distribution facUity in Tuas. It is expected to be ready in the fourth quarter of 2000. The facUity wiU more than
      205 words
    • Article
      Keppel stable of companies deserves a second look
      657 21  -  HOCK LOCK SXEW Conrad Raj ONCE regarded as a blue chip, home-grown conglomerate Keppel Corporation has taken a severe beating on the stock market in recent weeks. In the view of some analysts and investors, Keppel is "too regional", meaning that it
      657 words
    • Article
      SingTel's CEO of fixed line services quits
      463 21  -  Ffiphmtl Leong refutes talk that he's joining rival Star Hob By 1 Teh Hooi Ling [SINGAPORE] Singapore Telecom yesterday announced the surprise resignation of Raphael Leong, chief executive (fixed line services), with effect from Sept 30,1998. Mr Leong is one of the top
      463 words
    • REGIONAL COMPANIES
      • Article
        HK beefing up tribunal to deal with insider trading cases
        237 22  -  Surge in cases expected after 1996/97 bull market From Loh Hui Yin in Hongkong THE Hongkong government is beefing up the judiciary in anticipation of more insider trading cases which could surface in the coming months after the 1996-97 bull
        237 words
      • Article
        Lum Chang bucks trend with 2-cent rise
        238 22  -  By Louis Beckerling [SINGAPORE] Among the handful of fire-proof shares to survive yesterday's meltdown on the local market was property-cum-stockbroking company Lum Chang Holdings. The small-cap penny stock added two cents to 15 cents on volume of 5.05 million some 10 times above
        238 words
      • Article
        Lock icon Completion of Sime Bank sale deferred to Nov 30
        342 22 Extension requested by RHB Bank, RHB as official approvals still pending AFX-Asia [KUALA LUMPUR] Sime Darby Bhd said yesterday that the completion of the sale of its stake in Sime Bank Bhd to RHB Bank Bhd has been deferred to Nov
        AFX-Asia  -  342 words
      • Article, Illustration
        Lock icon Brierley shares hit record low as Douglas remains chairman
        538 22 Hell stay on nntil end of asset review, successor found Bloomberg Bridge News [WELLINGTON] Brierley Investments Ltd's shares fell to an all-time low yesterday as the New Zealand stock market plunged and after the board said chairman Roger Douglas will stay
        Bloomberg; Bridge News; Source: Bloomberg  -  538 words
      • Article
        Lock icon Wharf Hldgs' first half earnings seen falling 25-50%
        597 22 Company hit by high interest rates, falling currencies and property prices Bloomberg [HONGKONG] Wharf Holdings Ltd, which invests in real estate, port operations, telecommunications and cable television, will likely see earnings fall by up to 50 per cent in the first half
        Bloomberg  -  597 words
      • Article, Illustration
        Lock icon Tenaga mulls extra pact on power buying deals
        141 22 AFX-Asia [KUALA LUMPUR) Tenaga Nasional Bhd is considering drawing up a supplementary agreement to power purchase agreements that it had signed with independent power producers (IPPs), according to a report in the Malaysian Business Times. It quoted executive chairman Ahmad Ali as
        AFX-Asia  -  141 words
      • COMPANY Briefs
        • Article
          DBS Securities buys 49% of Thai broker
          56 22 (SINGAPORE] DBS Securities Holdings, a wholly owned subsidiary of DBS Bank, has acquired 49 per cent of Sri Dhana-DBS Securities, a joint-venture company in Thailand, by subscribing for 8.58 million shares of 14.40 baht each. The joint venture has changed its name to
          56 words
        • Article
          GK Goh forms futures unit
          50 22 [SINGAPORE] Stockbroker GK Goh Holdings formed GK Goh Futures (S), a company set up to trade financial futures, derivatives and foreign exchange. The new company has an authorised share capital of $10 million or $1 per ordinary share. Its initial and paid-up capital is $2.
          50 words
        • Article
          Keppel Marine appoints director
          50 22 [SINGAPORE] Keppel Marine Industries has appointed Willie Tan Yoke Meng to its board of directors with effect from yesterday. The appointment of Lt-Col Tan, who is deputy secretary of the Ministry of Health, brings to 10 the number of directors on the board of Keppel Marine.
          50 words
        • Article
          Sembawang Marine directors resign
          24 22 [SINGAPORE] Sembawang Marine and Logistics board directors Tham Heng Mun and Wee Ee Cheong have resigned with effect from yesterday.
          24 words
        • Article
          ANA Hotels explains results
          86 22 [SINGAPORE] ANA Hotels has provided more details of its financial performance at the request of the Stock Exchange of Singapore. The company said revenue fell 22 per cent or by $3.81 million due to a 17 per cent decrease in occupancy rate because of the slowdown
          86 words
        • Article
          SuperBowl interim profit up 54%
          78 22 [SINGAPORE] Superßowl Holdings' net profit rose 54 per cent to $901,000 in the half-year to June 30,1996. Earnings per share increased to 0.55 cent from 0.36 cent previously. While revenue rose just 0.27 per cent to $19.5 million, profit increased by a bigger margin due
          78 words
        • Article
          Lock icon Police report by Magnum exec's lawyer
          88 22 Bernama [KUALA LUMPUR] Lawyer Manjeet Singh Dhillkm, who is acting for Magnum Corporation senior executive S Nallakaruppan, yesterday lodged a report against a police officer for allegedly committing contempt of court by preventing him from seeing his client in the lock-up. Mr Dhillion lodged
          Bernama  -  88 words
        • Article
          Lock icon Philippines' RFM to delist 2 units
          72 22 AFP [MANILA] Philippine food giant RFM Corp plans to delist its dairy unit, Selecta Dairy Products bic and its meat processing firm. Swift Foods Inc. from the stock exchange. The timing has yet to be decided, the company said yesterday. The plunge in the
          AFP  -  72 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Boeing, Viacom join US firms in share buybacks as market dives
        682 23 Repurchase plans on veiled by 11 companies since last week top USsBb Bloomberg (NEW YORK] Plunging share prices are prompting some companies to buy back their own stock, signalling that executives think their companies are among the best investment
        Bloomberg  -  682 words
      • Article
        Lock icon IBM starts shipping world's first copper computer chips
        389 23 Reuters [NEW YORK] The world's first commercial computer chips wired with copper instead of aluminium were to begin shipping yesterday, according to IBM which plans to market the faster, more efficient chips for use in a wide range of computers and consumer
        Reuters  -  389 words
      • Article
        Lock icon Siemens sues Korea's LG Semicon over seven chip patents
        225 23 Bloomberg [WILMINGTON, Delaware] Siemens AG, one of the world's largest electronics companies, is suing LG Semicon, one of South Korea's top semiconductor makers, accusing LG of illegally using some of Siemens' patented chip technology. Munich-based Siemens, which had U5563.7 billion (5J113.4
        Bloomberg  -  225 words
      • Article, Illustration
        Lock icon Daimler says stock drop won't impact Chrysler takeover
        630 23 German car maker's share price down 13% since Angl Bloomberg [HANOVER] Daimler-Benz AG's chief executive Juergen Schrempp said yesterday the drop in Daimler's stock in recent weeks won't hinder the planned US$39 billion (5569.4 billion) acquisition of Chrysler Corp in a stock
        Bloomberg  -  630 words
      • Article
        Lock icon Gates, Novell chief discussed Java tie-up: report
        311 23 But Microsoft said to drop idea of collaborating later Reuters [SAN FRANCISCO] Microsoft Corp chairman Bill Gates and Novell Inc chief executive Eric Schmidt discussed the idea of collaborating over Sun Microsystems Inc's Java programming language, but Mr Gates later dropped the idea,
        Reuters  -  311 words
      • Article, Illustration
        Lock icon Auction for Kia aborted, another to be held soon
        576 23 Bidders not supposed to demand write-off of debts Reuters [SEOUL] A second auction will be held soon for South Korea's Kia Motors and sister company Asia Motors Corp with some new conditions after the first auction was aborted on Monday. The
        Reuters; REUTERS  -  576 words
      • Article
        Lock icon Isetan sees 32% rise in parent profit in first half
        174 23 Reuters [TOKYO] Isetan Co Ltd said yesterday its parent current profit is expected to rise 32 per cent to 3.50 bUlion yen (Ss44 million) in the six months to September from 2.65 billion yen a year earlier. In May, Isetan,
        Reuters  -  174 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon SEC demanding more from accounting firms
        520 24 It's concerned about growing ties between auditors and firms they audit NYT [NEW YORK] Concerned about the millions of dollars' worth of consulting that the Big Five accounting firms now do at some of the companies they audit, the Securities and Exchange Commission (SEC)
        NYT  -  520 words
      • Article
        Lock icon Nomura unveils US$350m loss on Russian bonds
        470 24 Figure amounts to 2.6% of Nomura's USsl3J>b in capital Bloomberg [TOKYO] Nomura Securities Co, Japan's biggest broker, said it has sustained US$35O million (*****.5 million) in valuation losses on Russian bonds the past year. The figure amounts to 2.6 per cent of Nomura's
        Bloomberg  -  470 words
      • Article
        Lock icon Sakura Bank to raise planned job cuts to 3,000: report
        349 24 Reuters Bloomberg [TOKYO] Sakura Bank Ltd will increase an earlier planned cut in its workforce to 3,000 by the end of March 2001, a business daily reported yesterday. It had earlier planned to cut 2,000 jobs in that time, the
        Reuters; Bloomberg  -  349 words
      • Article
        Lock icon Coffee trade not affected by Indonesia's troubles
        286 24 Reuters [SINGAPORE] Recent lootings and arson in parts of Indonesia have not affected the coffee business in South-east Asia, traders said yesterday. The market was quiet as the Indonesian harvest moved towards an end and farmers were not keen to sell due to
        Reuters  -  286 words
      • Article
        Lock icon GIO rejects improved AMP bid as inadequate
        209 24 Bloomberg [SYDNEY] General insurer GIO Australia Holdings Ltd said yesterday that AMP Ltd's A 53.01 billion (553.04 billion) takeover bid remains inadequate and unwelcome. "Nothing has really changed," chief executive Nick Steffey told Reuters. "This opportunistic tweak is merely a minuscule change to
        Bloomberg  -  209 words
      • Article
        Lock icon JGBs end off highs as Nikkei rebounds
        198 24 Kim mi Report Reuters [SINGAPORE] Simex Japanese government bond (JGB) futures pared early gains yesterday as the Nikkei staged a rebound in late trade. September JGBs rose to an early high of 135.87 but came off to end at 135.25. Volume was moderate
        Reuters  -  198 words
      • Article
        Dow's collapse sends futures tumbling
        163 24  -  MSCI TAIWAN FUTURES Cecilia Loh Cecilia Loh, service dealer, Refco Singapore THE Simex MSCI Taiwan Stock Index futures plummeted 4.70 points on heavy selling foUowing a plunge in the Dow, which registered minus 512.61 points. The Taiwan stock exchange index plunged 215.02 points on concerns
        163 words
      • Article
        Lock icon Oil price flat ahead of inventory report
        297 24 EMERGY REPORT Bloomberg [NEW YORK] Crude oil was little changed yesterday as traders awaited a weekly report on US oil inventories for any sign that supplies may be falling. The American Petroleum Institute will release its report after markets close. While gasoline demand
        Bloomberg  -  297 words
      • Article
        Lock icon CURRENCY REPORT
        270 24 AFP AFX-Asia r THE US dollar was volatile in late trading here yesterday, i driven by wild fluctuations in the US equities market, dealers said. The dollar was worth 137.07 yen and 1.7496 marks at 1 mid-day. "It's very volatile, and heavily dependent on the Dow," according to
        AFP; AFX-Asia  -  270 words
      • Article, Illustration
        Untitled
        1130 24 INTERBANK G&OSS &ATBS Sep 1 M **<1 KU Ffr 9m HK$ toils7m Wm HHWlNifa Hn ft tang m fcit US$ 0 W7 "g n »3 1292 tW2 426J 24.*****.928 0.7*7 7J05 220 1150 3lto ***** 1004 3.709 0231 20.oS 2l3' TO 62* n H32 0572 3.713 189 4977 27.399 70.171
        1,130 words
    • Article
      COMMODITY PRICES
      1542 25 S1C0M FOTOKBg Sep lUMCI (MarasdMfeiaatSJPM) KS1 cMtsAq) CtoM Volmm OpM Low Sort (to—«) Ifrtst Oct H6.75 116.50 115.00 300 1315 N«V 98 116.75 116.50 115.50 800 1450 0«c98 H7.2S 1*75 1*25 800 1450 99 m.75 1950 AprAtenW 123.00 1950 *t/Sap 99 127.50 150 KS 3 CONTRACT (US cMd/k#
      1,542 words
    • Article
      WORLD STOCK MARKETS
      2111 25 s«»1 tact 31 Group 505.400 5.400 AS Ports 270.000 10.000 Attdy National 1107.500 -12.500 AModOonwcq 502.000 -0.000 Amoc 135.000 3.000 Asda Group 180.400 *10.400 ■AT md 579.000 8.000 BGPIc 353.200 16.800 B»CC 85.000 -2.000 BOC Group 795.000 -13.000 BR Petroleum 740.400 -9.600 BTR 128.000 -5.600 Bank of
      2,111 words
    • Article
      Lock icon TOKYO
      1603 25 Bloomberg Q Nikkei 225 ♦21L74 JAPAN'S benchmark stock index rose yesterday, erasing an early deficit of more than 400 points, as buying by government-linked pension funds helped offset selling on concern Monday's rout on Wall Street may signal a global economic slowdown. Sumitomo Bank Ltd and Fuji Photo Film
      Bloomberg  -  1,603 words
    • Article, Illustration
      Lock icon HONGKONG
      1462 26 Reuters DHmgSeng -***** HONGKONG stocks dropped to a sharply lower close yesterday after a choppy session that saw prices tumble after Wall Street's overnight fall but also move briefly into positive territory on shortcovering. The Hang Seng Index lost 212.57 points, or 2.92 per cent, to end at 7,062.47.
      Reuters  -  1,462 words
    • Article, Illustration
      Lock icon CHINA
      600 26 Reuters Shenzhen B Index -MUI SHENZHEN'S B shares inched to a higher close yesterday as domestic retail investors moved into a thin market to pick up oversold blue chip stocks, analysts said. The B Share Index gained 0.11 point to 54.54 on volume of HKJ7.7 million. "Today, the best
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  600 words
    • Article
      Lock icon TAIPEI
      357 26 Bloomberg □wPlndac -215U8 TAIWAN'S main stock index tumbled to a two-year low as a plunge in US stocks shook investor confidence around the world. Taiwan Semiconductor Manufacturing Co led other computer-related shares lower after the Nasdaq Composite Index, packed with companies that buy computers and computer parts from Taiwan,
      Bloomberg  -  357 words
    • Article
      Lock icon WELLINGTON
      248 26 AFX-Asia n Wellington -67.48 SHARE prices closed sharply lower yesterday after the sharp overnight fall on Wall Street, dealers said. The NZSE-40 Index closed down 67.48 points at 1,760.08. Turnover was NZ$B9.9 million. "I think things (in New York) have probably been a bit overdone," Forsyth Barr's James Reid
      AFX-Asia  -  248 words
    • Article, Illustration
      Lock icon BANGKOK
      763 26 AFX-Asia n SET Index -3.44 SHARE prices closed lower yesterday on profit-taking in financials and in line with weaker regional and European markets, dealers said. They said investors remain concerned over the instability of regional markets despite what appears to be a firming up of regional currencies, including the
      AFX-Asia  -  763 words
    • Article
      Lock icon SEOUL
      403 26 AFX-Asia Pfomposite Index -0.45 SHARE prices closed little changed yesterday with foreign investors turning substantial buyers on the increase of the South Korean weighting in the Morgan Stanley Capital International index and amid a stable yen, dealers said. The Composite Index closed down 0.45 point at 309.71, off a
      AFX-Asia  -  403 words
    • Article
      Lock icon SYDNEY
      584 26 Bloomberg QAB Primaries -215 AUSTRALIAN stocks fell for a fifth day, led by News Corp, after the Dow Jones Industrial Average slumped more than 500 points and as investors bet profit growth in Australia will be cut as world growth slows. The benchmark All Ordinaries Index fell 22.5 points,
      Bloomberg  -  584 words
    • Article, Illustration
      Lock icon JAKARTA
      654 26 Bloomberg nOompogteMeg -1150 THE Indonesian benchmark index slid 4.85 per cent, led by domestic phone monopoly PT Telkom, on concern a global recession may be on the cards if Russia's escalating currency crisis infects other large economies in the West and the Dow Jones Industrial Average's overnight fall on
      Bloomberg  -  654 words
    • Article
      Lock icon MANILA
      302 26 Bloomberg y Manila -0.41 PHILIPPINE stocks fell yesterday following a meltdown in the US stock market on worries many economies around the world could slip into recession. The Ayala group and Philippine Commercial International Bank led the declines. The Philippine Stock Exchange Composite Index fell 0.49 points to 1,191.76.
      Bloomberg  -  302 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8258 27 INDUSTRIALS CofltWMf proiucti Lilt Vol Day Net Cap High Low company Sale OOO High Low P/C $mH 310 170 Ajlnomoto 185 10.2 75.0 •115 25 Angl«a$a 35 -6 138 42 35 0.8 5t6 290 123 Apollo Food Hlg 132 1 3 132 132 4.6 52.8 388 108 BerjayaLand 137 -13
        8,258 words
      • Article, Illustration
        Lock icon KL forex moves send shares reeling
        403 27 AFP CI Compofflte Index -40^1 MALAYSIAN share prices plummeted 13.3 per cent yesterday in a massive sell-off sparked by Prime Minister Mahathir Mohamad's announcement the government would adopt fixed exchange rates. "The selling is largely foreign although I have some locals buying," an institutional
        AFP  -  403 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        2906 28 RONRS, UMNS ft WARRANTS HM. m Last Vsi Day Last Ousts A*S L Stns Company S«s ♦sc- COOO) High Ln Bwysr SsHsr Pries 23-5 8 m 3000 m AMDB cS.5%*****6 10.5 73 to 20.5 3 3160 "Acsr W*****1 US$ 3.5 3 4.5 95 5 3)64 Acms W*****4 5.5 unch 36
        2,906 words
      • Article
        Acer wrt: should investors steer clear?
        163 28  -  WARRANT WATCH By R Sivanithy A MARKET player, noting the many penny warrants out there with long expiries, posed this question: "You mean to tell me a two cents warrant that expires in three years can't at some stage between now and then become
        163 words
    • Article
      CLOB INTERNATIONAL
      1774 28 Transaction date Sep 1 I MALAYSIAN STOCKS Stno t!? J2L T I* tw M Cap r*m riw>««ii w» room l— bmvt sa«ar c*w p/t tmrn 28 ""S5000 AK850C 395 T709 51.5 39 39 393 SA 3-3 2.7 16.1 403 7 n 656 n 73 £5 *o if wis
      1,774 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      5658 29 Transaction date: S«-p 1 Of fir M Wt Laat V«t Day Lut Ovate Mv Wv YM Net Cap Avg Hlg8 Lew »tW> Cinwy Sale COOP) MM* Law Buyer Se8er Cvr P/I $m« Prlca ■LTHBWVr '42 W ml 1000 AcmaSOc 58.5 *2 140 58.5 50
      5,658 words
    • Article
      SESDAQ
      945 29 %ttu **i T. C& w» mm cZ AwJ _55L L Cim#»nii (OOP) MH» L— fcgg fur Cw Pft Prto. MAMUf ACTURIttO *B2 MS I lost 9 M 5 44 47 445 9J* TO 14 42 JM 47 2 5 :SS i5£&fc:£, «S ao £i 4® O 2002 Attach 5c
      945 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        289 30 Stwfcs Ve<— STEngglQc 35,603,000 *M Resources 16,402,000 IPC Corpn 5c 15,728,000 •MBf Capital 14,408.000 SingTel 15c 11.949,000 OCBC Foreign 11,052,000 •Renong Bhd 50c 10,120,000 •North Borneo 9,025.000 •Pub Bk Foreign 6,324.000 Hai SunHup 20c 5.973,000 tUdtt STEngglOc 54,125.774 OCBC Foreign 49,489,279 SingTel 15c 30,539,492 SPH 26,649,351 U0B Foreign 20,676,689 Si
        289 words
      • Article, Illustration
        Shares thrashed by Dow's plunge, KLSE's 13% fall
        636 30  -  STOCK KAIKHT COMXmfTAXT Situation aggravated by near-panic selling of dob shares on news of cnrbs by Malaysia By R Sivanithy [SINGAPORE] The local stock market withstood a severe thrashing yesterday following Wall Street's 6.4 per cent collapse on Monday and news of
        636 words
      • ON THE GRAPEVINE
        • Article
          What's the connection?
          92 30 WE'RE not sure what connection it has with the Dow Jones Industrial Average— or any other stockmarket index tor that matter—but it makes entertaining reading. "Picture the scene," writes David Puller in his latest (Aug 28) Global Strategy Investment Utter, "it's Aug IBand Bill Clinton, caught between
          92 words
        • Article
          Never-say-die gold bulls
          77 30 WITH financial markets in a crisis of steadily increasing proportions, gold yesterday made its run. Or would stumble be more appropriate? Having sunk to a 19-year low of U*****.40an ounce last Friday, the former safe haven to which investors turned in times of crisis gained USB4.ooor so
          77 words
        • Article
          Malaysisnomics
          80 30 WHAT to call the new dispensation for investors unveiled across the Causeway yesterday? "Malaysiaaomlca"? Fund managers, it may be said, with tongue firmly in cheek, shouldn't be disturbed by it Not after all their finger-wagging at unitholders who come to redeem their investments at the first sign of trouble.
          80 words
        • Article
          Finnish talking already ah?
          172 30 SO you thought Singaporeans were sold on their mobile phones? Well, this month Finland became the first country to have over 50 mobile phones per 100 inhabitants —or 2.57 million mobile phones in a country of 5.15 million people. And at present rates of growth, by
          172 words
      • Article, Illustration
        HOT STOCK
        68 30  -  -by Shiv Taneja OCBC Bank Foreign closed 24 cents lower yesterday at $4.34 on a volume of 11.05 million shares, compared with its 10-day traded average of 2.8 million shares. The daily and weekly RSI and Stochastics are headed into oversold territory, but there is more downside in
        68 words
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      Page 21 Advertisements Column 1
      81 21 Cosmos The Allround Talent. /.'./v •niM.iinlur.- A </////< h/v at home anywhere, Cosmos CM 52 71 cantilever chair. ,/././/">. />.//<•« i/\ t<> <u r\ nmm mi m tm\ «i« n i i i in <•« r i noui'l: t<> ./'.<</./ siiii/uii' rln linn It •.•Jit. /'at t« irtl\ self-assured good
      81 words
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      Page 22 Advertisements Column 1
      964 22 Thai Farmers Bank (\s\ Public Company Limited Head Office: 1 Thei Fanners Lane. Ratburana Road, Bangkok *****. Thailand BALANCE SHEET AS AT DECEMBER 31, 1997 ASSETS Baht LIABILITIES AND SHAREHOLDERS' EQUITY Baht Cash 10,226.886,624.16 Deposits Interbank and money market items Deposits in Baht 580,690,515,318.00 Domestic items Deposits in foreign currencies
      964 words
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      Page 22 Advertisements Column 2
      43 22 Lost uour m^ pet? Try finding it at Classification 821 (Found) of The Straits Times Classified. free; I If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. CaU C.A.T.S. at 1800-737-1166. Another Classified Service
      43 words
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      Page 23 Advertisements Column 1
      175 23 I PERKS talks to I I Enterprise HR I I Systems! I MMM PERKS interfaces to external HR Systems. If you are using H Enterprise HR Systems, talk to us about how PERKS imports '"asters and transactions automatically and generates the payroll according to Singapore regulations and practices. MB| Best
      175 words
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      Page 23 Advertisements Column 2
      19 23 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another Classified Service
      19 words
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      Page 26 Advertisements Column 1
      72 26 Hello? I'm calling about >v /(josh, you're\ m*° h a PPY Ss v f your advertisement in great...just like found m Y P et through The Straits Times Classified... 1 I the ad J I The Straits Times Classified. J J you still have the puppy... if described going to
      72 words
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      Page 30 Advertisements Column 1
      387 30 TO ADVERTISE CALL TOLL-FREE 1800-741 1883 0 ORCHARD PARADE HOLDINGS LIMITED (Incorporated in the Republic in Singapore) Orchard Parade Holdings Limited 5593,000,000 6 Per Cent Secured Bonds Due 1999 NOTICE IS HEREBY GIVEN THAT PURSUANT to Condition 5(B) of the Terms and Conditions of the Bonds, Orchard Parade Holdings Limited
      387 words
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      Page 30 Advertisements Column 2
      284 30 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CONAGRA ASIA-PACIFIC PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL MEETING of the members and of the creditor* of
      284 words
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      Page 30 Advertisements Column 3
      928 30 w thi tumi or m companiis act cat so i AND IN TO NATTXX OF PTTtOLOG INDAH LOGISTIC SIIVICIS (Tit) UKITID mmci or mcui kmolotiok 3 FOK NlXinr VOLUNTAIY WINDING-OP (pursuant to Section 290) At an ertrtordmary general meeting of the member* of the above-named Company duty "f* 9 03
      928 words
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      Page 30 Advertisements Column 4
      45 30 j AHOY! I Europe. I Sailing schedules from Amsterdam to Zurich. 2 4 hour s a da y in the Shipping Ci ui d e Fa x 011 -I) ema n d hotline 740 6000. Anoihi'i innov.uivc soi\u c offered hv SUIIMM\(. lIMI S I
      45 words
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  • SHIPPING TIMES
    • Article
      MARITIME STOCKS
      209 31 W* tf *91 «A m Hemmmtn'.itn.ojcs *0.005 at OMMMMU* 0J1 -0.015 2432 CMC* imwtmcnt. 0.415 *0.008 10 rniiMLMu o.o wen m MHMbgl 0-20 0005 30 0.255 *0.055 5*73 MMlCtll lliwi —Ol»W -002 KM mcmnnn— HW %M> jay< ll»l*n» 0_J4 «O.OOS 23 JMNM SMpy** —.7.50 O.tO 119 M**MC«rf _US
      209 words
    • Article
      FREIGHT MARKET
      41 31 THE week's trading started very quietly with the UK bank fyQ&day durtailing some ISfrtfy. Also the ASBA golf OuUng took a large number of pliers out of the offices leaving those laft te watch the ||mr plummet j.\ m
      41 words
    • Article
      Samudera looks to Indian subcontinent for further growth
      510 31  -  Feasibility studies being undertaken to determine growth potential By] Felix Chan [SINGAPORE] With most of the region's economies expected to sl6w down further into the new year, Samudera Shipping Line (SSL) is looking further afield to tap growth opportunities. The Singapore-based shipping
      510 words
    • Article, Illustration
      Lock icon S'pore, IMO sign pact on third country training
      262 31  -  By\ FeUxChan [SINGAPORE] A memorandum of understanding (MOU) was inked between Singapore and the International Maritime Organisation (IMO) to provide technical assistance to developing countries in the implementation of IMO conventions. Under the Third Country Training Programme (TCTP), Singapore will work with
      SIEW YAW HOONG  -  262 words
    • Article
      Lock icon Aussie union objects to Patrick deal
      107 31 Bloomberg [SYDNEY] The Maritime Union of Australia said it has a last-minute objection to the legal implementation of a labour agreement with Lang Corp's Patrick stevedoring unit. Lang Corp planned to seek ratification of the agreement by the Australian Industrial Relations Commission today. The
      Bloomberg  -  107 words
    • Article, Illustration
      Lock icon Backbone of global shipping
      893 32 CONTAINER SHIPS Container ships, which allow fully intermodal services, are getting larger and faster to satisfy growth in demand MacGregor News CONTAINERSTION the packaging and distribution of goods in standard box units allows fully intermodal services exploiting ships, trains and trucks to deliver directly to customer
      MacGregor News; FILE PHOTO  -  893 words
    • Article
      SHIPPING SCHEDULES INDEX
      336 32 PAGE Ethiopian 14 ANL 3 Evergreen 6 Accord 8 Express Tt 14 Ahrenkiel 14 FarwMe 14 Amazon 14 EoongSun 8 Appenship 5 Fr< *4 15 Astro 3 Eft Links 16 AiiaOCL 14 GLM 4 Austral 9 Gemartrans 8 Avant 16 Genshpg 9 B'tang Mas 8 Glory Nav
      336 words
    • Article
      SHIPPING GUIDE
      18017 40 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT eta eta Advartltar VnM Yoyaga Talaphona I ETA ETA AdvartMar Vassal Voyaga TaMphona 9IN Dwfn Nama Nama Numtar Number I sm Dast'n Mot* Nama Numtar Numtar I MMaBBOOOdOaoaNSWOMWdBOBWOWOOaMOOOWOOWBOOBBMBBBBOBOBMOMBOMBOaOOOOOMOdOO* A To BRISBANE (BNE) 2058 I Queensland, Australia To ABIDJAN (ABJ) 2003 I 02/w am mscaqy mscxincang
      18,017 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        713 47 VoyWo Bwth Arrtvl Dtparturi 5 43 U MongsxM 01.09/2000 Clary VW J09 lUlllHl 02.09/1200 *">** *****8 J01 dOMfSMt 02.09/0600 *****8 JO) alongsMa 02.09/0*00 Sar S *****6 JOT rtaptft 01.09/2015 0 Sa|ahter< *****6 J03 itonqudt 01.09/2399 Fassa V2 JM atongsMa 07.09/1000 C EicHtawe 803/98 J12 aiongsMt 0109/0800 Gr Festival
        713 words
      • Article
        CONTAINER SCHEDULES
        1663 47 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booking/Bo lonco Rstls Strip Voy Mo Etb/Btr Ported From To From Aci Mi* (Mi 04/1400 M OVHOO 01/1659 OVHOO OVHOO 01/1459 OVHOO a ovrroo 02/049* 02/0*00 2t ovrroo 02/049* 02/0100 02/0700 02/119* 02/1400 4 02/1200 02/M9* 02/1700 Ml(M mi 04/2)00
        1,663 words
      • Article
        GLOBAL HOLIDAYS
        194 47 B«p7 Canada: Labour Day. Hong Kong: Day following Mid autumn Festival. United States: Labour Day. Bop IS Japan: Respect of the Aged Day. Sap IS Mexico: Independence Day. Sop 23 Japan: Autumnal Equinox Day. Sop 24 South Africa: Heritage Day. Sop 28 Hong Kong: Chung Yeung Festival. Taiwan:
        194 words
      • Article
        COCKETT BUNKER MARKET REPORT
        779 47 THIS report complied by Cockett Marine OU Lid. •howi price ranges In US dollar* instead of single price* for a more comprehensive description of the market Price* ahown are baaed on average sued stem Market movementa are indicated The Cockett Bun ker Price Index change and
        779 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        440 47 Carta* ISO Mm 992.0 0.8 19.9 0.09 72 0.05 *•9" Dewitv Water Residue Ash Atamlntua. MniMt No «Dow £25 1 0 6 0 0 0 300 Aw 967.9 0J 15.4 0.07 33 0.03 380 Mai 992.3 0.9 197 0.11 1T1 028 WW »m/m %M/M mi wam
        440 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Lock icon Northwest pilots wait for each other to make first move
        561 48 PILOTS'STRIKE President Clinton urges both sides to renew efforts to resolve differences Reuters [MINNEAPOLIS] Northwest Airlines Corp and its striking pilots played a public game of "chicken" on Monday, waiting for the other side to budge as the nation's fourthlargest
        Reuters  -  561 words
      • Article, Illustration
        Lock icon Strike may cost KLM 1m guilders a day
        514 48 Bloomberg [AMSTERDAM] KLM Royal Dutch Airways said it could lose as much as 1 million guilders (*****,900) a day in sales because of the pilots' strike at Northwest, a partner it counts on to funnel passengers to its network. The strike, which
        Bloomberg; REUTERS  -  514 words
      • Article
        HK's Cargo Net aims to cut costs of trade transport sector
        398 48  -  By' Toh Han Shih [SINGAPORE] Cargo Net, an Internet commerce system, promises to substantially cut the costs of trading and is targetting tens of thousands of firms in the trade transportation community of Hongkong, Electronic Data Systems (EDS) Asia
        398 words
      • Article
        Lock icon Marubeni to buy aviation unit of Okura
        146 48 Bridge News (TOKYO) Japan's major trading house Marubeni Corp said yesterday it would buy the aerospace and aviation division of bankrupt Okura and Co Ltd, coming back to the sector after a two-decade break. Marubeni said it had yet to finalise the purchase
        Bridge News  -  146 words
      • Article
        Lock icon Boeing still unable to export civilian C-17
        397 48 Aircraft's technology may be too sensitive to sell overseas: Pentagon Bloomberg [WASHINGTON] Boeing Co's two-year effort to export a civilian model of its C-17 military transport is stalled over concerns that the aircraft's technology may be too sensitive to sell overseas, US government
        Bloomberg  -  397 words
      • Article
        Lock icon UK airline unions object to slot sale by BA, American
        478 48 Sale will lead to fewer carriers operating fewer routes at main hubs Reuters [LONDON] British airline workers said yesterday that British Airways and American Airlines should not be paid for the take-off and landing slots they are expected to give
        Reuters  -  478 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1552 48 FUCMT EM FU6HT ETC N***** 1625 IH787 2359 kum> mm wo $***** *25 w«w7 2359 ****** 0755 IU838 2300 0«» WS $***** 2359 $024 2320 ft*w08 tam 1700 $0990 QMS S0327 0755 CZ3S 2045 mttt 1 VN741 1310 **742 0905 A-cto* ****** 2050 ****** 2045 S0175
        1,552 words
      • Article
        Lock icon Airbus to fight Boeing over US$5b order from TWA
        176 48 Reuters [LONDON] European aircraft maker Airbus is to renew its competition with Boeing over a US$5 billion (558.85 billion) order from US carrier Trans World Airlines, the Times reported yesterday. The tussle for the contract comes in the wake of the
        Reuters  -  176 words
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      Page 31 Advertisements Column 1
      262 31 Container ships: Backbone of global shipping Box ships are getting larger and faster to satisfy growth in demand. Page 2 HieStnUt Talk cetenm wu heM ever due tepreemre enlace -j&m &h t |T/ 7TJ tv- 1 I 1 If 1 fiSkvS i SSSSmm ■M 1I 988 tSSS^SSSS Anytime, Anywhere ECU
      262 words
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      Page 31 Advertisements Column 2
      21 31 North west, pilots wait for each other to make first move President Clinton urges both sides to resolve differences. Back Page
      21 words
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      Page 32 Advertisements Column 1
      787 32 1 NORTH AMERICA I EXPORT 1 I OTHER DESTINATIONS ss si ss zz jiTn 4 I™ 1 *****. £2! 22! a/w /w ~/!l 'V* 14/11 li/u w/w 1,/w ,4/ n/w n/w win mmu nan n/w n/w m/m n/M n/n n/w n/u n/w na n/w n/i# n/M n/M v/n w/w n/w
      787 words
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      Page 32 Advertisements Column 2
      444 32 Send out 46,000 copies of your saiMng schedules around Asia. Ptoctanadin~ SHIPPINGTIMKS ttUB ss-mozom jwkiwi o-woaeao 0I« 01 fSq mm ***** mjw i |sj« ggSL-SI.«» iim *m. h* ggr_ s ss..Jiig ~£g *g gg SLqb S .am !2 WM M< 1M» »M! IMI JML-BJi £SffL.n«r. W *tt nnT aw lnj»|
      444 words
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      Page 32 Advertisements Column 3
      159 32 /Zmfo Ljnes 4 s fv, c«s nepresen(od M SB(Sn* by Members o» the Reaarv o» r9S&i Membert of f» Stngapore Shipping Assoc latior I SEMBAWANG KIMTRANS (S) PTE LTD I 4T coHvamoHu somas JsL s> L*_ nsr-A, SINGAPORE to BATAM, BINTAN, KARIMUN SIIteATOItEtoBANGKAISUNO r ~J~ |vX SIHGAPOtf to OIiGOII SAAUMNOA/BAUKFAPUI/BAIUAM4ASIN
      159 words
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      Page 33 Advertisements Column 1
      1013 33 TO EUROPE FROM EUROPE rasa voir swrtmanrhahwvsoufitieh Ifvcsa vorrw ahr haai »v sou m la an WWS SSOW 03/09 24/09 73/09 24/09 21/09 KXCYPM OOtf 14/01 15/00 11/0105/P9 wosa snw 04/09 M/ 09 21/09 2s/* 20/09 hoi nun 0001 10/00 w/00 21/00 22/0000/09 NOtAGAIE 00«W 07/09 24/09 20/09 29/09 23/09
      1,013 words
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      Page 33 Advertisements Column 2
      1807 33 HANJIN SHIPPING HANJIN SHIPPING (S) PTIITO hap; //Wa. knp cm KXXMG SMfS: J2602J4 731 OOCUMttT 33*0271 274 OPHAIIONS 32*0241 252 MAIN UK *****55 FAX *****60 at HO: **********0 M I TO NW USA A CANADA I USA CANADA* 'FMWI/VOT MM SW UMHAU/YOY SU HW |D»IM I (M MSP HTH OTT
      1,807 words
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      Page 33 Advertisements Column 3
      362 33 FUiiY CONTAINHIfP PIPICATBP IHVICH 2QSM jmjEn^nEEOSEn^EBB^^BnBnDnHQBUBi rasa w_ m m sni we m. dsn ws |*ssa Twrpin pre lucsa toy I IWCHOMMM MSS ng 2S/M MSN 24/W 38/ M 01/W 83/W 04/W |jjKjp W )MS WjX j |g*|t 11|g j ffißLl BTCPUSAN HIS M/W 04/01 01/W 01/01 SrfMliiitr, Mfe SvS
      362 words
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      Page 34 Advertisements Column 1
      1255 34 DSR-SCNATOR LINES TO UK/CONTINENT TO RED SEA/MEDrTERRANEANCANADA vena I voy tm ia wm am ham |mv |fu llvewel Ivor is* jeo lon »pe Ihw |w.c mth PUGWASH SENATOR WNKM U N 11. tt »M M M 23 H »M 77 M CAUFOWMSfMIDN WMtM U N MN 2* M22lt 24 M
      1,255 words
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      Page 34 Advertisements Column 2
      974 34 !X!££-,£^! M§S|A C«TI«K MN CONTR LINES, INC P. GUOANQ: (07)*****26 I l\-/ J CMNO.IBOOMTBOOOOM seu: (064) *****9 MANILA: (832) *****24 PCNANQ: (04) *****38 BANGKOK: (682) *****67 SURABAYA: (31) *****0 P-KELANQ: (03) *****77 JtCft (21) *****07 MDN: (61)*****3 KUCH94Q (082) *****1-3 XINGANG PORT KELANG Mv F^%;r A,6s 05/09/98 ETA SIN: 04/09/98
      974 words
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      Page 34 Advertisements Column 3
      348 34 LINE 97 TILt MIMU PAXt *****11 r I muara labuan vKsa vor no n* vrssa vor ire m sroci MUAJU SPOKE UN JJtosra ra/n m/mm/m intow vm/w 00/o* o»/o» An&Gtorr V2x/w o*/o* 12/09 «iaor v2*/*o o*/o* u/o* immsfb v2*/*o 14/w 17/09 iroow rat/n m/m u/w *mcu*r V24t/W IS/0* 21/09 *«tGU*Y
      348 words
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      Page 35 Advertisements Column 1
      1162 35 VESSEL VQY SIN POU PKO P€N PQB PUB BHJ BA BIK IRAN TEYFOURI PJL 1302 22/08 30/08 31/08 31/08 01/09 IRAN VAHDAT PJL 1209 08/09 08/09 19/09 IRAN MATIN PJL 1308 24/09 02/10 03/10 03/10 04/10 PQB» Mini (taboos. OUB Oabai, SHJ Shar|ah, BA Bandar Abbas BIK > Bandar Imam
      1,162 words
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      Page 35 Advertisements Column 2
      1226 35 TO ISRAII 1 IN 13 DAYS I EVERY THURSDAY I I 6 SHENTON WAY TIL 226 1900 FAX: *****0* OUTWARD(I/l) T^2o3o2^o!oKoS^ I aSfSJSSSI IS 5 4 43 INWA*O O€PT(D/0) *****85 COSTAR AGENCIES (M) SDN BHD i^——COWVHmOliAL—^-*****50/5$ T/SHPMT DEFT *****25 TEL 02-07-35 ***** FAX: 02-07-*****70 2«/Disa fSH s» w sm «6
      1,226 words
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      Page 35 Advertisements Column 3
      551 35 I r EASTERN CAR UNER, LTD.'-SXSf?" KL (SINGAPORE) PTi LTD I SPKUUIE m roro ft heavy Lin UPTOI22 tohs] ECi (yii6APoȣ) PTE LTD IQADING FOR PORT KLANG/BINTULU MANILA MV "SPRING OCEAN" V.15 MV "TRONO" V.134 ETA SH 03/09/98 ETA Hq 04/09/98 ETA BTI 06/09/98 ETA MNL 12/09/98 PORT KLANG/COLOMBO CHITTAGONG/YANGON
      551 words
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      Page 36 Advertisements Column 1
      1148 36 I mm-. EUROPE/UK/SCANDIMAVIA/FjMWMDfIjUSSIA I SGP ROM UtW HBG THP ZEE LMV I LHV THP ROM ANW HOG PKL SGP c2Si2?IS"Jf* tM n/n 3<MM 2W» n« 29*9 30/01 IE GAINING RE-004 09*0 00*0 10*0 12*0 KM i 14 "AO OWO 04/10 00/10 07/10 00/10 E GLEEFUL RE 002 22AM 23AM 2S/00
      1,148 words
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      Page 36 Advertisements Column 2
      326 36 LINE Singapore Pto Ltd 1 5/ McCallum Street 10-03 Natwest Centre, Singapore *****5 Johor Bohru Tel: 07-*****18 Fax: 07-*****62 nuxsTowi •FEUXSTOWE GOTHENBURG .'ZST HAMBURG GENOA BREMEN BARCELONA ROTTERDAM MARSEILLE .JZ?" ANTWERP UMASSOL LE HAVRE LISBON For bookings, coll Tel: 320 3373 Fax: 230 1366 5G2 nmt ciw utw m'tu- Ip—
      326 words
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      Page 36 Advertisements Column 3
      405 36 NANTAI LINE FUUY CONTAINERISED SERVICE TO I MAURITIUS SOUTH AFRICA VBSa VOY si PUJ put CFT t/MT mmmtm im 07/w iz/w 21/w wm fIUWWHIg VOT4S IS/W »/w ~c/io mmivßiis tm nm 02/10 04/10 n/n k/h mmm twn 30/w w/10 13/10 11/10 HAHSACASTRU Y.QQ2S 07/10 li/1Q 20/10 H/10 21/10 mmiwiKßs Y.024S
      405 words
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      Page 37 Advertisements Column 1
      415 37 mm MYANMA WBBk FIVE STAR UNE f (Myoainor National Lino) Loading for Yaogoii (Raogooi) vnsn vor sw m km pgu HTTWf |)W SID PWHim ISOW SLO MAUTSIA AGENTS: OOUSTUO SMIPPtNC AGOKKS KUL TH (01)*****00 PKL TIL (03) *****01 POt TH (04)*****03 P«fc TE (07)*****21/4 BANK LINE (A strvkt of Andrew
      415 words
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      Page 37 Advertisements Column 2
      1052 37 HMk HYUNDAIMERCHANTMARINECOj^TD^^^^^ mnaui iw nm THANKS SSOW #3/09 21/09 20/09 23/09 24/09 APIALMAMM SOX 11/01 IS/01 11/00 14/00 01/09 MOSft S72W >4/09 24/09 24/09 21/09 23/09 NOLCTPRMI Mil 12/00 11/01 13/00 IS/00 OS/09 NOl AGATE 000W J7/09 23/09 24/00 20/09 29/09 WLDUTI 0001 21/00 22/00 10/01 10/00 00/09 NVABMMAL 31SW
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      Page 37 Advertisements Column 3
      926 37 V nofwigion spnriotood oufocomen IL-nU^ TO NORTH AND LATIN AMERICA "RORO HEAVYUFT StRVKT pßSii VOY [RAMP HDGHT SIN LAX OIL MU SAV BAL O*F NYC I NEW MOI mH6i Fin 400Tmm 6.3 M TT7w "WTT WHT"Wio" Wio""WTO"S77ITH7To~ WTT WTT" UMKt! F4lO 4001 ms 4JM 21/00 23/10 01/11 04/11 06/11 01/11
      926 words
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      Page 38 Advertisements Column 1
      731 38 ■AHOKOMOP TA PHUT/LAMM CHAiANOI JAKAWTA/PAIIJANft VESBEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN SINO OCEAN OCNIQ9 In Pt 08/09 THAHA BHUM 3Q2S In Pt 06/09 NANTA BHUM" 409N In Pt 06/09 06/00 QURU BHUM 938 In Pt 08/09 XETHA BHUM 248N 03/09 06/09 QURU BHUM 9358 03/09
      731 words
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      Page 38 Advertisements Column 2
      485 38 |1 cosco COSCO FULL CONTAINERMMg FK/KU EXPORT TO: CHMA/HONQ KONQ EUROPS/CONTV4SNTAL SASTAWSSTMEDfTSRRANSAW AUSTRALIA AfNCA US WSST/SAST COAST MSUN OULF/KAAACHI PIMM refer above m«ntlon«d MrvicM to China Ocaan Shipping Co. AdvartiMmant in Paga 5. CHINA/S.EA. FULL CONTAHER SERVICE VRSa/VOTAd rsi Kl HK6 QM WO XU $M mamaoioM io/w 11/05 mh 31*5
      485 words
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      Page 38 Advertisements Column 3
      548 38 I 1 ACCORD H SHIPPINO PTE LTD 1 SMJIIS (40 Uiim) FAX I *****30 KtTUAMC Ml) MI »—i WM M OISiCT ACCESS TIL: *****53 (EXPORT SOOKINO) tAiU GUDAMC 07)15/U77 *****34 (EXPORT DOC), 5669M9 (IMPOST) ntOM, m W|m| m)mom SAA^ PONY m SIN POtT mUN POT m SIM POtT IM SIN
      548 words
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      Page 38 Advertisements Column 4
      36 38 LNS EXPRESS (S) PTE LTD Blk 217 Henderson Road, #01-04 Henderson Industrial Park, Singapore *****5 CR NO: **********0/H Air-Sea International Freight Forwarders Mum I Alto accepting Heavy Lift Protect Cargo Tel: 05-270 7000 Fax: 65-270 *****
      36 words
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      Page 39 Advertisements Column 1
      391 39 INDONESIA NATIONAL LINE TO EUROPE T gXPWESSSOW-COWpUNEWSEDSEBVICC m yOT I Twit »P«W QAM H lUIW OWtOKN AWTWtI AVEttEL I I li/lj 20/11 28/10 OMIT 08/11 TO AUSTRALIA I WJLL CONTAINER SBPjWICg 5b wTTfifTfflHK IWD 1 MX. H AW.—MU Ml I—ww| MiWIW vm m jiM» itiqwi nm mm owo 000 p*o«mm>iwa«iK
      391 words
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      Page 39 Advertisements Column 2
      682 39 PACIFIC INTERNATIONAL UNES (PTE) LTD I I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. J C 8 NO: **********06 rn m m m m m in 111 ROTAPOTAMA PTMOI) 31/1 2/9 9/9 IJ/9 15/9 19/9 25/9 17/0 I -J I HwoATrtATAJi ffl JB. ~VT~ Hfl W T7TO~ "laH !!UII
      682 words
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      Page 39 Advertisements Column 3
      555 39 I VMEOCVWQO 827W 07/00 W» 21 A» 27/08 WD9 W» ~w56 01/10 I I I tew im» w» aaw oano oa/io oe/io oa/io ono I I I H27W 22/DB 01/10 ggg 11/1Q 12/10 wio unQ S I J |V27W law I 07/10 I iyio wio I IWIO 21AI0 ano" I
      555 words
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      Page 41 Advertisements Column 1
      56 41 Dial 740-6000 OFI d€fTl3n(] —(Retrieve more schedules!) Press 1" cT JC\ Select the port and key in s the four digit code —eg: To New York (NYQ 2275 *tiS§tT ST U Key n V° ur ax num^er *?S:- >— your phone number Another Innovative service offered by C __/J4 The
      56 words
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      Page 43 Advertisements Column 1
      52 43 Dial 740-6000 on demand -5 ffijp' (Retrieve more schedulesl) Press-r e JC\ Select the port and key in k «K1 the four digit code eg: To New York (NYQ 2275 Key in your fax number your phone number Another innovative service offered by The document Will be Shipping times s
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      Page 44 Advertisements Column 1
      830 44 SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWMD) *****69 (INWARD) TLX: R*****0 CR NO. **********0 D BOOKINGS CALL DIRECT LIWE: *****41/43 J E SSICA /cE L I A /M EI CHAN 7 slgs/week [223H3Z8 2 slg/week I VESSEL TVOY rsm TJSK [VESSEL
      830 words
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      Page 44 Advertisements Column 2
      585 44 NfiSR ENG LEE SHIPPING CO PTE LTD I W> MJM7S Uni| hux IMNN/SIIMM I a tu» isihmhik VESSCL VOY SM ETA SIN ITD DESTINATION Union Slor 18 10/98 01/09 03/09 Jakarta Morco Polo 26 16/98 01/09 02/09 Duma/Perwonc Buona Indoh 14/98 02/09 05/09 Buoton/Perawono/Durro UnggulJovo 10/98 02/09 05/09 bm/tomm DwiJoyo
      585 words
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      Page 44 Advertisements Column 3
      518 44 SIN FAR EAST 06/09 KEELUNG/KAOHSIUNG 06/09 BANGKOK 06/09 MANILA/CEBU 06/09 JAKARTA/BE LAWAN/SU RABAYA 06/09 PORT KELANG/PENANG/E. MALAYSIA 08/09 BUSAN 06/09 TOKYO/YOKO/KOBE/NGO/OSA 06/09 HONG KONG SIN CHINA (tBSiMn) 06/09 GUANGZHOU/HUANG PU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU m EUROPEAJK 06/09 LDN/FLX/LVP/SOU RDM/ANT/lEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES m USA/CANADA 07/09 LOS ANGELES/NEW
      518 words
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      Page 44 Advertisements Column 4
      396 44 rrfg Singapore Soviet Sttppfag CPL a M* *****M*****M |\\l IWlfct Sfcipptaj PI an* 1«757******C VESSEL VOY SIN BOM PNG PKL KOTARATU RTUOI9 05/09 13AM 2SAM 26/00 BUXMOON 117N 13/09 21/0# 03/10 04/10 KOTA RUKUN RKNOI3 IttWl 28/08 10/10 11/10 VESSEL VQY SIX CALCUTTA t* mTREGIHA RGAO6S [07-08/D9 14/09 SoT TOMARI
      396 words
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      Page 45 Advertisements Column 1
      957 45 1 ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE i I I VOY I SIN I PW LA SPEZIA VIC I LEH I FXT ANT MfCMQHKIA 2535J 08 SEP 22 SEP 25 SEP 27 SEP 01 OCT 02 oq 03 OCT I SOPHIE 9836-3 16 SEP 30 SEP 03 OCT 05 OCT
      957 words
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      Page 45 Advertisements Column 2
      1580 45 lmS«Sii&> 05WUS 0349 -j—% W- HSoH I* 6 w m KAMI UH STORE ROOI Bpfiß PONI ROTTERDAM 02WA34 1049 2109 2109 2949 0110 CmWS 0,1A52 ,0M itM 01-®* 010* 1049 «M» I CANOPUS 02*A37 1749 OXIO 05.10 0110 1010 NTICASIOt 04EA33 ISM 17.01 1101 21.01 0109 1109 15.09 1749 1449
      1,580 words
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      Page 45 Advertisements Column 3
      135 45 SHIPPING CO, LTD. MULTI-PURPOSE VESSEL FOR RO/RO, CONTAINER lIREAK lULK CARGO VRsa vor n sw jkt mu u jpm DfIPHWUS 52 06/09 01/09 10/09 14/09 71/99 TIAJtS FUTUtE 1 I 13/09 15/09 29/09 nm paofk s m 20/09 22/*****/09 21/09 |07/ To vissil vor| sw n\ m |Mm| kee| jtn
      135 words
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      Page 46 Advertisements Column 1
      904 46 I VESSEL TIGER BRIDGE 645N 31-31AB 06-0&09 14-1&09 I TIGER BAY 646N 02-03*® 07-12/09 17-18V09 I TIGER ISLAND 647N o*o7/09 12-18/09 22 23/09 I TIGER WAVE 648N 10-11/09 16-20/09 2S-2&09 I TIGER BRIDGE 649N 14-15/09 20-2V09 29-3009 I TIGER BAY 660N 17-1&09 23-2809 03-04/10 IVESSEL^^^voysmn^CALSI^I SINHAI 019 30-31/08 06-10/09 16-17/09
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      Page 46 Advertisements Column 2
      757 46 FREIGHT LINKS EXPRESS Ibis *****66 (60 Linos) Fox: *****33 E-mail: flesir»@singnet.com.sg REGULAR CONSOLIDATION SERVICE ALEXANDRIA/ BUENOS AIRES/ CEBU/CALUO/ COLON, PANAMA/ ISTANBUL/ IZMIR/ LAEM CHABANG/ MALTA/ MEXICO CITY/ MANZANILLO/ PASIR GUDANG/ SAN ANTONIO, CHILE/ SANTOS/ SHANGHAI PLEASE CALL OUR TOLL fßflfl LINE: 1 SOO-*****66 FOR BOOKING Overseas Offices Hongkong *****113 flms@asiaonline.net
      757 words
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      Page 46 Advertisements Column 3
      1139 46 79 Anton Road #21-04 (S) *****6 Blk 513 #01-128 CINO **********0H Tot 272 7527 F* k~*Mf QRj| U *****13 Foi 22) 3942 Fh: 272 7S2S rk/ Orient Overseas Container Line iffl I (Mda/sia) Sdn Bhd (tog No: *****2-U) (a g PETALING JAYA W: 03-756 776 Fix:o3-7565 342 1 1 PENANG
      1,139 words
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      Page 46 Advertisements Column 4
      45 46 ETA ETD TROPICAL ROSE 24/08/96 20/08/96 PHMOM PENH JUN 3 2MVM 27AM/98 VUNQTAU AJN3 KMM IMM SftMMOUKMLLC (30 TON DERRICK AVAILABLE) THE NEW STRAITS SHIPPING CO. (PTE) LTD S1 ANSON ROAD IOM3 ANSON CENTRE WNOAPOWt 0207 TEL: *****07/*****22 TLX WS23ISO FAX *****96 CT NO: 114MTMWW
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      120 47 LEGEND: R Thunderstorm T•mp«rotur« »q Xy V Shower Weother Wind <Ar«ction with speed m knots ee Rom Cloudy Sky Wove height Swfoce winds ore mdicoted by arrows which fly with the wind One fu. cel. represents calm or hght and vonoWe wm<h W One half Heche represents 5 knots 10
      120 words
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