The Business Times, 3 September 1998
1998-09-03
1
42
https://www.nlb.gov.sg
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The Business Times
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Title Section12 1998-09-03 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c SINGAPORE Internet: http://business-times.asial.com.sg/ THURSDAY, SEPTEMBER 3,199812 words
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Article, Illustration1057 1998-09-03 1 Eddie Toh, Rath Wong - Umno's Supreme Council to decide if he should be expelled From, Eddie Toh, Rath Wong From Eddie Toh and Rath Wong in Kuala Lumpur MALAYSIAN Prime Minister Mahathir Mohamad yesterday sacked his deputy Anwar Ibrahim, once the chosen heir to the premiership. The PM's Department saidREUTERS - 1,057 words
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Article64 1998-09-03 1 □m 827.86 (+4.52) BT-SBI ***** (+0.61) nvrooHP MMM7(-0.82) FT MAMETMOOD: ■Mb Dm STOCK MARKET INDICES Wednesday Change KLSE COMP 294J9 +JL89 NIKKEI 14J7MJ +*99 HANOSENG 7,366.67 +283.20 SET INDEX ***** -W JAKARTA COMP ___329.63 +3.78 MANILA COMP 1.197.77 +€.01 TAIPEI WPI 6,471.68 +136J& SEOUL COMP 314.49 +4.69 CLSA64 words
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Article73 1998-09-03 1 FOBEX BATES uss s$ USI 1.748 £(l'SS/SSper£) 1.666 1911 Ml 1.752 0.998 YEN 157.7 1569* R* 1800 0.460 HKS 7.760 0226 BAHT 40.926 0.043 WJPIAH 10,660 0.016* 'stHMwua PUKE BATES SINGAPORE* 7 88 KUALA LUMPUR 1150 JAKARTA .28.00 BANGKOK 1475 MANILA 3tM HONGKONG 1025 TAIPEI 8.80 SYDNEY 8.45 TOKYO73 words
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474 1998-09-03 1 Ven Sreenivasan - By' Ven Sreenivasan [SINGAPORE] Malaysian shares traded here on Clob International and back home in Kuala Lumpur went their separate ways yesterday down 14 per cent here, and up 12 per cent at the other end. This phenomenon reflected474 words
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385 1998-09-03 1 Conrad Raj - By I Conrad Raj [SINGAPORE] The Association of Banks in Singapore is still trying to come out with satisfactory arrangements to deal with the "ringgit crisis" in particular how to deal with those who want to exit from their ringgit deposits. Details385 words
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1034 1998-09-03 1 Ruth Wong, Meera Tharmaratnam - Rate seen as fair; won't affect competitiveness From\ Ruth Wong, Meera Tharmaratnam Bloomberg in Kuala Lumpur A DAY after Malaysia announced sweeping changes to the country's exchange controls, Bank Negara moved swiftly to peg the Malaysian ringgit at RM3.80 to one USBloomberg - 1,034 words
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Page 1 Advertisements
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Advertisement131 1998-09-03 1 nmpß I I L J i Jl BF I Dear Mahathir MIT Economics Professor Paul Krugman writes an open letter to Malaysian Prime Minister Mahathir Mohamad, Pf 2 Suspended The Hongkong stock exchange yesterday temporarily suspended the short selling of three blue chips which have been heavily short sold and131 words
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Advertisement28 1998-09-03 1 BT exclusive Yang Razali Kassim brings you the behind-the-scenes battles that led to Anwar Ibrahim's dismissal. Pg 9 Editorial: Clob's death is no cause for cheer, Pg 1328 words
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Advertisement51 1998-09-03 1 A '*■>~. B J\ :iBbT I -js* i. JM yVV •v- The new movement w 7 y Jr lu. c 0 Cortina Watch Centre Watch Pie Ltd: Rallies City #01-36. Tel: *****85 Lucky Plaza #01-32. Tel: *****68 Walk #01-63/64. Tel: *****28 Paragon *****84 I* Cortina Watch Sdn Bhd: K.L Plaza,51 words
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Advertisement44 1998-09-03 1 Fuxzy details leave businessmen unsure, Pg 2 Major players fix guidelines to settle wholesale RM deals, Pg 2 Fate of M'sian equity funds in the balance, Pg 2 M'sians hail move but economists express concern, Pg 3 Excerpts of Mahathir TV interview, Pg 344 words
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MALAYSIA'S EXCHANGE CONTROLS
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576 1998-09-03 2 Carol Eng - Questions remain on proceeds of asset sales, implementation of new roles By I Carol Eng [SINGAPORE] After a day of trying to digest Malaysia's shock announcement on capital controls, businessmen were yesterday still unsure just how they will be affected. This is due576 words
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250 1998-09-03 2 Reuters [KUALA LUMPUR] The Kuala Lumpur Stock Exchange (KLSE) said yesterday that Malaysia's new foreign exchange controls did not impose a one-year moratorium on the sale of shares. The national Bernama news agency quoted an exchange statement as saying that "neither residents norReuters - 250 words
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Article, Illustration487 1998-09-03 2 Wong Wei Kong, Shiv Taneja - By' Wong Wei Kong, Shiv Taneja By Wong Wei Kong and Shiv Taneja [SINGAPORE] As Malaysia moves to impose capital controls, managers of some dedicated Malaysian equity ftmds run from Singapore are drawing comfort from holding lots of cash, but others warn thatREUTERS - 487 words
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573 1998-09-03 2 Larry Wee - Asian units' rally deals blow to short sellers expecting Russian fallout By. Larry Wee [SINGAPORE] Large American hedge fund players could have sustained a second big hit after Malaysia announced exchange controls on Tuesday, market players said yesterday. They said that573 words
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331 1998-09-03 2 Larry Wee - Spot ringgit fixed at RM4 to the dollar, say sources By'. Larry Wee [SINGAPORE] More than 20 major financial institutions met in Singapore yesterday afternoon to hammer out guidelines for settling wholesale ringgit transactions offshore, sources said. Essentially, they are said331 words
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Article, Illustration548 1998-09-03 2 Paul Krugman - Paul Krugman Dear Dr. Mahathir: I was as surprised as anyone when you announced sweeping new currency controls yesterday, and am still unclear about some of the details. However, since my recent Fortune article did suggest that temporary currency controls are part of the solution548 words
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MALAYSIA'S EXCHANGE CONTROLS
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597 1998-09-03 3 Short-term gains not worth likely long-term pain, say experts AFP [KUALA LUMPURJ Malaysian consumer and business groups and the media have sprung to the support of sweeping foreign exchange controls announced by Prime Minister Mahathir Mohamad, saying desperate times call for drastic action.AFP - 597 words
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511 1998-09-03 3 Meera Tharmaratnam - Longer time frame will benefit some, they say From, Meera Tharmaratnam in Kuala Lumpur MALAYSIAN bankers said there has been no new directive on non-performing loans (NPLs) despite Prime Minister Mahathir Mohamad's remarks that the government may opt to lengthen the time frame511 words
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Article376 1998-09-03 3 Market almost at standstill for 2nd day on fixing of KM rate Reuters [LONDON] Palm oil trading on the European vegetable oil market was almost at a standstill yesterday morning for the second day running following news that the Malaysian central bank had fixedReuters - 376 words
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188 1998-09-03 3 Reuters [KUALA LUMPUR] Malaysia's physical commodity markets came to a virtual standstill yesterday amid confusion stemming from foreign exchange controls announced by the government, traders said. Tin trading was suspended its first suspension since the collapse of global tin prices in 1965. "The reason for theReuters - 188 words
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Article, Illustration2317 1998-09-03 3 THE following are excerpts of a special television interview on Tuesday with Malaysian Prime Minister Mahathir Mohamad on the new exchange controls. The Prime Minister was interviewed by New Straits Times Press Group editor-in-chief A Kadir Jasin, Bernama Economic ServiceTAKEN OFF MALAYSIAN TV - 2,317 words
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FOCUS: PROPERTY
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Article, Illustration432 1998-09-03 4 Diana Oon - Orchard Scotts project which is near completion, given sales licence By. Diana Oon [SINGAPORE] FAR East Organization's Orchard Scotts project at the junction of Peck Hay Road and Anthony Road, which is nearing completion, could be up for sale. The latest set432 words
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328 1998-09-03 4 Diana Oon - Offers for industrial sites below premiums for shorter leases Byl Diana Oon [SINGAPORE) Arcasia Land and CSC Holdings yesterday emerged as the only bidders in a government tender for industrial properties, for the second consecutive time this year. Dennis Yeo, industrial director for328 words
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472 1998-09-03 4 A GROWING oversupply in private industrial space is putting the squeeze on developers who entered the market in the last five years. A study by Colliers Jardine finds that there is currently some 22 million sq ft of private 60-year leasehold472 words
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Article1058 1998-09-03 4 Property transaction for districts 9 and 10 (sectors 22 to 23 and 24 to 27) lodged between Aug 1 and Aug 29 1998 PROJKTWMEZ PROP CONTRACT TENURE BULT-W PWCE PSf STREETNAME TYPE DATE LANO AflEA* (SOFT) (SS 000) (SI) Districts 09 NOH4JHM Aspen Ht Apt 07/02/98 999 13231,058 words
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Page 4 Advertisements
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Advertisement298 1998-09-03 4 For Sale By Tender Industrial Site at No. 15 Pereira Road Option to buy: (U 'he existing site 'as is where is'; OR /"\V**S Subject P r °P°sed 7-storey ind'l bldg (GFA 43,100 sq ft) y v Property I on completed basis /v Land area: 17,265 sq ft /jy dgp298 words
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Advertisement148 1998-09-03 4 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Cayman Islands Hongkong Bahamas L 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. For148 words
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SINGAPORE AT HOME & ABROAD
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498 1998-09-03 5 David Boey - Cash downp&yment a major entry barrier for first-time buyers: GB Richard Ellis By! David Boey A REVIEW of the use of Central Provident Fund (CPF) savings and of the market interest rate policy for the purchase of new executive498 words
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337 1998-09-03 5 Shiv Taneja - Total funds managed hit USsl.sb; 2 senior managers named By\ Shiv Taneja UK investment manager Morgan Grenfell is consolidating all its Asian fund management operations in Singapore as well as appointing two new senior managers. James Goulding, managing director of Morgan Grenfell Investment337 words
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120 1998-09-03 5 NTUC Income has come up with an insurance plan to reward fit and healthy Singaporeans. Its Sports for Life Insurance scheme is directly linked to the Sports for Life national programme launched by Prime Minister Goh Chok Tong two years ago. Income's plan offering120 words
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Article82 1998-09-03 5 Corrections clarifications IN our report on Monday "Japanese electronics firms here to stay despite slump", we erred in saying that Toshiba Singapore closed its TV manufacturing plant in Alexandra and cut about 20 per cent of its manufacturing workforce in a restructuring earlier this year. The plant has not been82 words
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Article, Illustration286 1998-09-03 5 Raju Chellam - By] Raju Chellam SINGAPORE'S first electronic commerce "bundle" to help small and medium enterprises set up Internet storefronts and accept online electronic payments was launched yesterday by National Computer Systems (NCS) and Sing Net, both Singapore Telecom subsidiaries. The bundle is called EZ CommerceARTHUR LEE - 286 words
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249 1998-09-03 5 Audrey Tan - Questions also on suspended counter Mid-Continent By* Audrey Tan NON-PERFORMING loans and share buy-backs will be among the issues discussed when Parliament sits tomorrow. Nominated MP Lee Tsao Yuan will ask Deputy Prime Minister Lee Hsien Loong if there has been an increase249 words
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Page 5 Advertisements
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Advertisement118 1998-09-03 5 At Gintic, we guarantee that our team of over 200 manufacturing technology researchers win improve your to increase equipment performance by 8%. While at Rayco Rubber Manufacturing, we productivity, just ask DuPont. Our waterjet mould cleaning system was so efficient, it's also installed In halved their product development cycle time.118 words
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ASIA'S ECONOMIC SLUMP
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152 1998-09-03 6 Reuters [TOKYO] Chinese President Jiang Zemin was quoted as saying China is committed to the stability of the yuan but cannot be certain that that policy will continue indefinitely, a Japanese daily said yesterday. It said Mr Jiang was quoted by formerReuters - 152 words
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473 1998-09-03 6 Harish Mehta - True picture said to be grimmer; it could hit 50% by year-end From Harish Mehta in Bangkok AS Thailand grapples with its two trillion baht (SsBs billion) bad loan problem, Thai banks reported a sharp rise in nonperforming loans that473 words
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796 1998-09-03 6 Quak Hiang Whai - Move sparked by non-delivery by short sellers in the three bine chips Fromi Quak Hiang Whai in Hongkong THE Hongkong stock exchange yesterday "temporarily" suspended the short selling of three blue chips which have been heavily short sold and not covered by796 words
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Article, Illustration712 1998-09-03 6 Shoeb Kagda - But analysts doubt if renewed strength can be sustained From Shoeb Kagda in Jakarta BOOSTED by the latest disbursement of US$l billion (Ssl.7 billion) from the International Monetary Fund (IMF) and the government's resolve to clean up the banking sector,Source: Bloomberg - 712 words
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321 1998-09-03 6 Reuters t [BANGKOK] Thailand said yesterday that it saw no need to impose additional capital controls to help rescue its battered economy in the wake of neighbouring Malaysia's decision to impose new exchange restrictions. Central bank governor Chatu Mongol Sonakul said theReuters - 321 words
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Article, Illustration255 1998-09-03 6 Consumer spending, home-baying, exports to get leg-op AFP [SEOUL] South Korea yesterday unveiled a US$4.7 billion (SsB.2 billion) package aimed at boosting domestic demand and exports in order to curb economic contraction forecast at 5 per cent for this year. Under the packageAFP; REUTERS - 255 words
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764 1998-09-03 6 Shoeb Kagda - It may not be easy for creditors to get money, say lawyers From Shoeb Kagda in Jakarta A NUMBER of Singaporebased banks are among 100 or so foreign companies that are queuing to file winding-up petitions against Indonesian borrowers in764 words
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Page 6 Advertisements
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Advertisement8 1998-09-03 6 t&TSOnal JeroicesJ&oducto Straits Times Classified Classifications 52-193 18 words
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THE REGION
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Article, Illustration723 1998-09-03 7 Lu Ning - CHIV A WATCH In the wake of the latest assault on Hongkong's currency peg, Bering shonld look at Its own role In lending credence to some ramonrs spread by hedge fands By Lu Ning AS the unprecedented and ferocious battle over the peg between the Hongkong government723 words
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254 1998-09-03 7 JAKARTA Bank Fhrim says it did not agree to be conduit for USsloom Reuters INDONESIA'S import-export bank, Bank Exim, said yesterday it was not involved with an alleged US$lOO million (*****.6 million) transfer that has sparked a U5558.59 billion breach of contractReuters - 254 words
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278 1998-09-03 7 JAKARTA AFP INDONESIAN military chief General Wiranto has joined a chorus of senior officials in saying no evidence had been found to support allegations of mass rapes during May riots, a report said yesterday. "From the investigation, it is concluded that the allegationsAFP - 278 words
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Article302 1998-09-03 7 JAKARTA Move comes as demand slumps and costs escalate Bloomberg AFP PT Garuda Indonesia, the national airline, will fire 3,000 workers, or about 23 per cent of its workforce, as demand slumps and costs balloon, a spokeswoman said yesterday. The Jakarta Post earlier quotedBloomberg; AFP - 302 words
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243 1998-09-03 8 TOKYO Bloomberg JAPANESE Prime Minister Keizo Obuchi has banned chartered passenger and cargo flights to and from North Korea, following Pyongyang's launch of a ballistic missile through Japanese airspace, Japan's transport ministry said yesterday. Japan also said it would halt foodBloomberg - 243 words
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348 1998-09-03 8 Rajendra Bajpai - Analysts say move affects govt's credibility From Rajendra Bajpai in New Delhi A DECISION this week by India's largest business group, to abandon a planned 14.75 billion rupee (*****.3 million) domestic airline project, could leave foreign investors with the "wrong" impression about348 words
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211 1998-09-03 8 TAIPEI AFP TAIWAN'S supreme economic planning body yesterday revised downwards its economic growth forecast for 1998 to a 13-year low of 5.11 per cent, citing a feared global economic downturn, officials said. The updated gross domestic product (GDP) growth forecast wasAFP - 211 words
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395 1998-09-03 8 Russell Baker - Jobless rate seen falling to 8%; analysts say revisions optimistic From Russell Baker in Sydney THE Australian government has lowered its economic sights only slightly for the next 12 months as the country's economy continues to weather the Asian crisis remarkably well.395 words
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Article82 1998-09-03 8 BEIJING AFP CHINA'S State Development Bank (SDB) yesterday issued 5 billion yuan (Ssl billion) in one-year financial bonds, its first batch of paper issued through public bidding, the official Xinhua news agency reported. Instead of being distributed by the central bank to other banksAFP - 82 words
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230 1998-09-03 8 HONGKONG Deeply discounted new flats make up most of the transactions Bloomberg THE number of Hongkong apartments sold rose 12 per cent in August from July, but prices kept falling, according to figures compiled by Centaline Property Agency Ltd.Bloomberg - 230 words
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Article, Illustration310 1998-09-03 8 BEIJING Austerity drive to rebuild homes, meet 8% growth target AFP CHINA banned the government purchase of new vehicles, mobile phones and other luxuries yesterday in an austerity drive aimed at increasing funds for millions of flood refugees across the nation. "All governmentAFP - 310 words
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Page 7 Advertisements
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Advertisement42 1998-09-03 7 Attractive Duplex Office For Lease at Special Rates/Negotiable Furnished or Unfurnished •Address: 583 Orchard Road #16-01/02 Forum Singapore *****4 •Area: 9,088.26 sq.ft (844.32 sq.m) Tastefully renovated, well maintained and fully fitted For more details, please call Tel: 731 7520 Fax: 733 739842 words
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Advertisement483 1998-09-03 7 The latest Bose showrooms aren't showrooms at all. and tastefully designed; something FRASERPLACE FRASERSUITES luxurious without being ostentatious. robertson quay river valley Over 3,200 original works of art by ——^_l international and local artists would be Serviced apartments families ServiCBd apartments cor P° rate usersspecially selected to adorn the walls.483 words
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Page 8 Advertisements
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Advertisement147 1998-09-03 8 I Waiting till 1999 1 may be too late! I Many foreign subsidiaries have already received instructions from their Head Offices to ensure Year 2000 compliance for their payroll software by December 31,1998. It you arc still using a Non-Year 2000 payroll package, it is time you called us. We147 words
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Advertisement15 1998-09-03 8 Buy It. Sell It. Find It. Classified. TCjff Call Today |CATS. For Results Tomorrow. itoo-7371m15 words
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FOCUS
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Article, Illustration2788 1998-09-03 9 Yang Razali Kassim - The sacking of Anwar could lead to his arrest and throw the country into possible political instability By Yang Razali Kassim The writer is BT's regional analysis editor [SINGAPORE] A DAY after shocking the region with currency controls, Prime Minister Mahathir Mohamad called inFILE PHOTO - 2,788 words
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Page 9 Advertisements
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Advertisement68 1998-09-03 9 s s CO 8 mr j^h^qsbm^X raBiKB MB I I Available at BOSS Shops at Ngee Ann City, Suntec City and Isetan Scotts All Watches at Lucky Plaza Wisma Atria, Deluxe Eastern at Centrepoint, Precious Time at Chinatown Point, Sincere Watch Duty Free at Airport T2, Time Club at Parco68 words
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THE WORLD
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Article, Illustration598 1998-09-03 10 THE KREMLIN SUMMIT Yeltsin sign* decree throwing down the g&nntlet to Communist Party Bloomberg Reuters [MOSCOW] Presidents Bill Clinton and Boris Yeltsin yesterday ended a two-day summit dominated by Russia's economic crisis, with little to show but declarations of mutual support and cooperationBloomberg; Reuters; REUTERS - 598 words
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299 1998-09-03 10 MOSCOW Any move to dissolve Duma could trigger uprising, he cautions AFP KREMLIN hopeful Alexander Lebed warned yesterday that President Boris Yeltsin could trigger a popular uprising if he moved to dissolve the State Duma (Lower House of Parliament), Interfax reported. MrAFP - 299 words
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567 1998-09-03 10 NEW YORK Citicorp, Chase, Mdrgan Stanley Dean Witter join list Bloomberg Reuters TWO major US banks and large brokerage house Morgan Stanley Dean Witter Co on Tuesday joined the roster of financial firms warning of losses from global market turmoil and economic woesBloomberg; Reuters - 567 words
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Article, Illustration414 1998-09-03 10 BONN Longer-term cut of 30b marks over several years AFP GERMAN Finance Minister Theo Waigel yesterday pledged tax cuts amounting to a net 10 billion marks (559.97 billion) from next year as part of a major tax reform, if theAFP - 414 words
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347 1998-09-03 10 NEW YORK Bloomberg THE experience of long-time property investors is that as Wall Street goes, so goes real estate. So if the recent slide in stocks is any indication, the US real estate market is headed for a rough ride. The Standard Poor'sBloomberg - 347 words
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276 1998-09-03 10 SANTIAGO AFP ECONOMIC growth in Latin America is expected to slow to a modest 3 per cent this year as the region struggles to overcome the effects of Asia's turmoil, according to a study released on Tuesday. A preliminary studyAFP - 276 words
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231 1998-09-03 10 WASHINGTON Bloomberg MICROSOFT Corp documents show a pattern of anticompetitive behaviour that stifled competition by Intel Corp, Apple Computer Inc, and others, government antitrust attorneys alleged in a filing. In its 89-page response to a Microsoft request to have the government's antitrust case thrownBloomberg - 231 words
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332 1998-09-03 11 WASHINGTON But manufacturing outlook clouded as exports hurt by Asian recession Bloomberg ORDERS placed with US factories posted the largest increase in eight months in July, reflecting gains in a variety of industries from electronics to aviation, Commerce Department statistics showed.Bloomberg - 332 words
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WORLD Watch
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Article85 1998-09-03 11 AFP [BERLIN] The Bundesbank should cut German interest rates soon in order to ward off the danger of deflation, economics research institute DIW said in its latest weekly report published yesterday. "By holding on, the German central bank is only increasing the danger of deflation,"AFP - 85 words
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Article, Illustration48 1998-09-03 11 Reuters {ISTANBUL] Passengers of the Orient Express arriving at the main train station on Tuesday. The luxury rail service glided into Istanbul after a long absence, seeking to recapture the elegance, romance and mystique which made it the "train of kings" more than 100 years ago.Reuters - 48 words
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52 1998-09-03 11 AFP [LONDON] At least 100 people were arrested yesterday in a worldwide swoop on suspected paedophiles linked to an international internet child pornography ring, police said. The operation, coordinated and led by British police, took place in 12 countries stretching across Europe, Australia and NorthAFP - 52 words
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Article81 1998-09-03 11 Reuters [LONDON] Lord Rothermere, one of Britain's last great press barons, has died. The Daily Mail and General Trust pic said yesterday that Vere Harmsworth, the third Viscount Rothermere and great-nephew of the tabloid's founder Lord Northcliffe, died in London on Tuesday night of aReuters - 81 words
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659 1998-09-03 11 Leon Hadar - End of boom days could also mean end of public support From Leon Hadar in Washington EVEN if Dow Jones' plunge on Monday proves to be nothing more than a significant stock market correction, the anxiety on Wall Street may signal659 words
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221 1998-09-03 11 LONDON Reuters BRITISH Prime Minister Tony Blair yesterday welcomed an announcement on disarmament by Sinn Fein, the IRA's political arm, saying it was proof the Northern Ireland peace process was on track. "He believes the peace process is moving in the right direction," MrReuters - 221 words
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Page 10 Advertisements
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Advertisement419 1998-09-03 10 CHINA NORTH INDUSTRIES INVESTMENT LIMITED (Incorporated in Bermuda with limited liability) ■■■■■■■■I NOTICE IS HEREBY GIVEN that the 1998 Annual General Meeting of China North Industries Investment Limited (the "Company") will be held at Beekman Room 11, Hotel Inter-Continental, 111 East 48th Street, New York, NYIOOI7-1297, U.S.A. on Friday, 25419 words
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Page 11 Advertisements
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Advertisement122 1998-09-03 11 T I "'s.'r-i'--- —-It f=r~ m (_T I I I, jn __^^|g| WANT TO PINPOINT AND VERIFY DELIVERY OF YOUR PACKAGE WITH THE PUSH W I I ®JP Al UF//A state-of-the-art tracking technology I# I II from UPS, you can. Visit our web-site at www.ups.com, and you can track your122 words
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Page 12 Advertisements
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Advertisement447 1998-09-03 12 m m Bank of America Deutsche Bank \Z\ Congratulate "Singapore's Best Securities Firm" Euromoney 1998 Awards For Excellence BALLAS A Singapore Hong Kong China Philippines Malaysia Indonesia Thailand India USA •UK 3 At Vickers Ballas, Singapore's Best and Largest Securities House, our team of professional Dealer's Representatives provides an increasing447 words
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EDITORIAL & OPINION
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Article, Illustration668 1998-09-03 13 Sree Kumar - THE BOTTOMLDVE OPINION By Sree Kumar The writer is a development economist and partner in a consultingfirm THE regional economic crisis has hit companies large and small Many have become insolvent and many others are struggling. It is an open question whether they will668 words
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Article142 1998-09-03 13 'A soft landing in Japan means a postponement of difficulties. Our proposal is a scenario of a hard landing.' Yoshio Suzuki member of Japan's opposition Liberal Party, and a former executive director of the Bank of Japan. 'We have learned the hard way that problems that develop142 words
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632 1998-09-03 13 EDITORIAL IT would appear that the Malaysian government will finally achieve, through some heavy arm-twisting, what it has wanted for the last eight years: an end to the trading of Malaysian shares on Clob International, Singapore's over-the-counter market 1 I Whether this will632 words
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Article, Illustration775 1998-09-03 13 Stephen Roach - US and leading industrial nations, as well as the IMF, must act to restore investor confidence By\ Stephen Roach The writer is chief economist and director of global economics for Morgan Stanley Dean Witter. He contributed this comment to The New YorkFILE PHOTO - 775 words
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Article1131 1998-09-03 13 Pros and cons of controls MALAYSIA has introduced wide-ranging capital controls, which effectively withdrew the ringgit from the international financial system. Along with the Hongkong government's recent intervention in the stock market, this could be the beginning of a backlash against the mantra of free markets.1,131 words
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EXECUTIVE LIFESTYLE
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Article, Illustration1174 1998-09-03 14 GILLIAN TETT - Older victims of the country's slow-burning crisis are unwilling to make the kind of public protest that could presage real change, says gilliam tett GILLIAN TETT FT TAKAKOShojU 57-year-old widow, is facing a bleak future. Three months ago, she lost her job at anFT; FILE PHOTO - 1,174 words
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Article, Illustration407 1998-09-03 14 TENNIS The American teen overwhelms German rival in 49 minntes Reuters [NEW YORK] Fifth seed Venus Williams made a tennis statement and a fashion statement at the US Open on Tuesday night. Williams returned to the scene of last year's spectacular US OpenReuters; AFP - 407 words
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Article378 1998-09-03 14 There are Web sites tied to current events to help one plan a virtual week LATWP [NEW YORK] Planning your virtual week? Here are cyberlinks to help keep you ahead of the news. Internet sites can be ephemeral, so, if you can't find one listed that'sLATWP - 378 words
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Page 14 Advertisements
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Advertisement667 1998-09-03 14 JIT HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that (he Annual General Meeting of the Company will be held on 18 September 1996 at 10:30 am at JIT Bectronics Building, Rolls Royce Room, 1 Kallang Place, Singapore *****1 to transact667 words
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Page 14 Miscellaneous
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Miscellaneous114 1998-09-03 14 THE WEATHER Slngaporei Fair. Temperature (31/24 C) irtw P>mi MP IM. Jennie* IM9 6m StodMa 1/16 WW *ea 11/fl dear Vhm 14* tM) riwwtn ZnrMi Mfr- 18*7 dowjy Bm— WB' OMI —tJ/a «howw» AMlcnlw IVII doudv 'mirliß WB* CM. 52* —22 *"72 chta* w» <** Wr Rrrita Ih/Tl Aorw Ma,114 words
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Page 15 Advertisements
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Advertisement178 1998-09-03 15 Where to wine, dine and entertain... spi| Mingle with friends or corporate clients at Club 5. Warm your spirits at our Fashion Show (Mon Thur) or Bottles Night (Ist Wed of the month). I We cater for private functions as well from 80 persons onwards. Opening Hours Siiadays Thursdays spm178 words
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Advertisement82 1998-09-03 15 WE <D£g!iyw@)"" 11 Daily A La-Carte menu. ifcte Western and local i f r 0 favourites chef s 11l A/f speciality top selling ySf m jE=] Hainanese Chicken Rice, m m r m NasiGorenglstimewa,etc. Function Room available for private parties, company dinner and dance, conference, seminar and meeting. Contact F82 words
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Advertisement48 1998-09-03 15 IRPsUKDAY JT BRUMCH I >52.00"* PER ADULT I WITH FREE-FLOW OF CHARLES HEIPSIECK j CHAMPAGNE, REP WHITE WINE, praught tiger peer amp >28 50*** PER CHILD WITH FREE-FLOW OF SOFT PRiWS. I PAOLO PING'S PASSIONATEIV ITALIAN TASTEFULLY CHINtSE ROYAL CROWNE PLAZA SINGAPORE B 25 SCOTTS ROAD SINGAPORE *****048 words
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Advertisement65 1998-09-03 15 W«'t |H lim*? I nri II ia Cats' Mews? l l this *»kni J CATS. at affordable Prices!l* I4&SM With "Wine R°^ es M B Happy Hours: Ej ft spm to 10pm m I One For One kg j Beer Per Mug $8.00 Beer Per Jug. $28.W ft ;<S wine65 words
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Advertisement100 1998-09-03 15 —w w m Discover the new look Pine Court Chinese Restaurant WHERE DINING IS TRULY A BEAUTIFUL EXPERIENCE For reservation*, pieaae call «31 MM/U1 MM SSS Orchard Road Singapore 131M7 Tel: 737 Ml 1 iKTAURANT Buffet Lunch 12pm to 2:3opm Mon to Sat $23* (Adult) $16 50* (Child) Our Daily100 words
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Page 15 Miscellaneous
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Miscellaneous778 1998-09-03 15 TV&RADIO Premiere 12 7-30 Home Improvement BHta® M tv inn Room At The Top (See 12.00 NN Response TV. trU SYh, Sm tlonS c Our Choice). 2.00 PM TV Innovations. Kidz Blitz. Sesame 8.00 Phua Chu Kang Pte Ltd 4.00 Setulus Kasih. L unn S e T u„ Tender Troubles778 words
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Miscellaneous120 1998-09-03 15 CRYPTIC CROSSWORD ACROSS n 26 To an umpire wet weather llLZjjLZJilL^jlrijllLZjjijLJK— JH DOWN 9 Agree t0 attend college? YESTERDAY'S SOLUTION (4,2,5) l Uorfm famllyBoeS 3C 13 during prayer 2 Show pleasure when Rex (I h falls into the trap (4) 16 Charm one s way in (8) W Hj..iPlllW Mj120 words
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MOTORING
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BUMPER to BUMPER
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Article131 1998-09-03 16 THE electronic road-pricing system Is designed to conform to Y2K specifications, and will not "hang" come the year 2000. Land Transport Authority officials said they are confident that the system Is Immunised against the so-called "millennium bug". The LTA, however, is still waiting for "third-party131 words
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Article66 1998-09-03 16 TALKING about the ERP, did you know that cameras on the gantries are programmed to snap pictures of any moving object that passes under without an In-vehlcle unit? That Includes cyclists, pedestrians and stray dogs. Of course the ERP control room will not process these66 words
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Article, Illustration61 1998-09-03 16 THE new Porsche 911 Convertible will now have side alrbags as standard equipment The move makes Porsche the first In the world to offer side alrbags in a convertible. Developed by Porsche's own engineers, the 30-litre bags are among the largest in the industry.61 words
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Article77 1998-09-03 16 AUDI AG chairman Frans-Josef Paaflpen, in a recent interview with German car publication auto motor und sport, said he aims to raise tales of newly-acquired Lamborghini from 200-300 now to "several thousands". Additional volume will come from a smaller, less expensive model expected to be77 words
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68 1998-09-03 16 Christopher Tan - Coanpiled by Christopher Tan THE Audi A3 was awarded the "1996 Federal Award for Product Design" in Germany last week. On its decision, the jury had this comment: "This model clearly marks a new trend. Over and above the technological and safety standards... it68 words
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Article, Illustration679 1998-09-03 16 CHRISTOPHER TAN - Hyundai distributor said to be seeking buyers for 2 Alexandra Road properties, reports wwropu mm ww CHRISTOPHER TAN Komoco Holdings, the vehicle distributor co-owned by retailer Jopie Ong and hotelier Ongßeng Seng, is looking discreetly to sell both its motor facilities in Alexandra Road. BT understandsCHRIS LOH - 679 words
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Article508 1998-09-03 16 Deep pockets aside, there may be other factors to draw suitors [SINGAPORE] Who could buy Komoco? As industry sources pointed out, only the biggest players with deep coffers would be in the running. BT goes through the "usual suspects". Cycle A Carriage: The listed group,508 words
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262 1998-09-03 16 Christopher Tan - By Christopher Tan [SINGAPORE] German luxury car maker BMW has just gone where few car makers have gone before Mongolia. Together with subsidiary Land Rover, BMW is in the process of setting up a sales and workshop facility in the capital, Ulan262 words
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Article, Illustration53 1998-09-03 16 [SINGAPORE] Need a cab? No problem. Now that Electronic Road Pricing is in place, most cabbies, it seems, prefer to wait in taxi queues within the CBD rather than risk paying ERP charges by cruising for passengers. This taxi stand at Battery Road was noARTHUR LEE - 53 words
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495 1998-09-03 16 Christopher Tan - Ventnre to market a 'breakthrough' engine treatment technology By i Christopher Tan [SINGAPORE] With an eye to make up for falling business, a local entrepreneur has teamed up with a Chinese inventor to market a "breakthrough" engine improvement technology. Before you start495 words
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Page 16 Advertisements
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Advertisement253 1998-09-03 16 nf SsSSkL,« 'vf f 7 :i \r/O) *W1 Mh rt ii/t' a a <^V Phvtomer &pa ifeSIKS^R^^H f mrnopnf la*rn*Um*l Phvtomer Spa at Shangri-La Rasa Sentosa Resort offers the convenience a r/n spa in a J star Set the lush ,yWP tropical greenery of Sentosa, you will transported another world.253 words
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COMPANIES & MARKETS
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Article, Illustration356 1998-09-03 17 Wong Wei Kong - Fare hikes, cost control, lower fdel prices boost earnings from bns operations By Wong Wei Kong [SINGAPORE] Singapore Bus Services said its net profit more than doubled to $16.2 million in the half year to June 30 from $7.64 million a year ago. Turnover rosePILE PHOTO - 356 words
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161 1998-09-03 17 [SINGAPORE] Singapore retailer Mohamed Mustafa Samsuddin Co Pte Ltd is considering a listing on the Stock Exchange of Singapore, according to general manager Toh Ching Ban yesterday. "We are engaging an external auditor to help put everything in order," Mr Toh told Reuters. He161 words
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293 1998-09-03 17 Poo-Cheong Wai Ming - Ry\ Poo-Cheong Wai Ming (SINGAPORE} Lindeteves-Ja-coberg yesterday announced a 31 per cent jump in interim earnings to $10.2 million and said it expects a similar growth in profitability for the rest of the year. The creditable performance came on a293 words
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620 1998-09-03 17 Teh Hooi Ling - HOCK LOCK SIEW Teh Hooi Ling CONGRATULATIONS are due to Singapore Telecom for successfully blasting into space recently Singapore's first communications satellite, ST-1. But while the technical details were abundantly provided by the satellite manufacturer Matra Marconi Space and launcher Arianespace, Sing Tel620 words
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358 1998-09-03 17 Conrad Raj - By* Conrad Raj [SINGAPORE] DBS Bank remains among the most creditworthy of financial institutions in Asia, according to international ratings agency Fitch IBCA. The agency yesterday affirmed its individual and support ratings for the bank at B and 2 respectively, with the individual358 words
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262 1998-09-03 17 Engene Low - Not surprising considering weak market: analysts By] Engene Low [SINGAPORE] Market debutante Chew Eu Hock Holdings (CEH) saw its share price fall 4.5 cents below its offer price to close at 20.5 cents on its first day of trading262 words
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300 1998-09-03 17 Jenny Lam - By, Jenny Lam [SINGAPORE] Apollo Enterprises yesterday reported an interim loss of &88 million for the six months ended June 30,1998, up sharply from the $978,000 loss sustained in the previous corresponding period. Group turnover for the half-year dipped 17.3300 words
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REGIONAL COMPANIES
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Article, Illustration455 1998-09-03 18 Results better than expected but no provisions made against property, stock portfolios AFP [HONGKONG] Hongkong conglomerate Wharf Holdings Ltd yesterday announced a 39 per cent drop in first-half net profit to HK$l.36 billion (*****.4 million). The results were above most analysts' expectationsAFP; Source: Bloomberg - 455 words
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296 1998-09-03 18 Eddie Toh - RMlb needed by RHB Bank may come from Danamodal From. Eddie Toh in Kuala Lumpur PHILEOALLIED Bhd is expected to give up its white knight role to aid Rashid Hussain in its protracted attempt to buy troubled Sime Bank, sources said. Danamodal the government296 words
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Article, Illustration393 1998-09-03 18 David Boey - Joint ventnre to target regional firms using SAP software By: David Boey [SINGAPORE] ST Computer Systems Services yesterday formed a joint venture that provides consultancy and implementation services to companies in this region that are using business application software from SAP. The393 words
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Article, Illustration506 1998-09-03 18 AFX-Asia (SINGAPORE] Excel Machine Tools said yesterday it expects improved results in the current year to September with sales in North America and Europe offsetting the downturn in Asia. Executive chairman Robin Lau said: "Excel is not expected to experience aAFX-Asia - 506 words
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360 1998-09-03 18 Developer cites collapse In CAP's stock as reason Bloomberg [MANILA] Ayala Land Inc dropped plans to buy a stake in the Philippines' largest homebuilder, scuttling what would been one of the nation's largest acquisitions since Asia's economic troubles beganBloomberg - 360 words
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Article151 1998-09-03 18 Gerry de Silva - LETTER TO THE EDITOR Gerry de Silva I REFER to the article "CityDev earnings down 53% to $109 m at half-time" (BT, Aug 29). Your writer wrote that "CityDev... has a unique accounting policy; it depreciates rather than revalues its huge stock of investment properties.151 words
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169 1998-09-03 18 AFP [HONGKONG] The Hongkong stock exchange yesterday said it was setting up a panel to prepare detailed proposals for a second stock market in a move to increase competitiveness and reduce dealing costs. The plan for a second board in competition with theAFP - 169 words
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236 1998-09-03 18 Reuters [BANGKOK] Thai Airways International pic said yesterday that its plan to sell 335 million new and existing shares would likely be delayed until the second half of 1999 against a previous end--1996 target. Thai Airways chairman Mahidol Chantrangkura told reporters the delay wasReuters - 236 words
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178 1998-09-03 18 Bloomberg (SYDNEY] News Corp's Rupert Murdoch has stepped down as executive chairman of Star TV, its loss-making Asian satellite television business, appointing Gareth Chang to the position. Mr Chang, 53, also joined the board of News Corp and its executive committee,Bloomberg - 178 words
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REGIONAL/INTERNATIONAL COMPANIES
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430 1998-09-03 19 Weak DRAM prices cited as reason; 780 workers affected by closures Bloomberg [TOKYO] Two of Japan's biggest semiconductor makers, Hitachi Ltd and Mitsubishi Electric Corp, said yesterday they will close plants and fire workers in the US because of weak prices for computermemoryBloomberg - 430 words
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401 1998-09-03 19 Reuters Bloomberg [NEW YORK] Small investors, armed with new trading tools like business television programming, the Internet and electronic trading, are now sawy enough to do day trading and stick it out when the going gets rough. Indeed, small investors inReuters; Bloomberg - 401 words
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Article, Illustration338 1998-09-03 19 Bloomberg [SAN FRANCISCO] Apple Computer Inc interim chief executive Steve Jobs said demand for the new iMac home computer is far exceeding supply, and Apple is sold out of the machines in Japan through the end of September. Mr Jobs, speaking onBloomberg - 338 words
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466 1998-09-03 19 It plans to focus on software, services related to the computer network Bloomberg [ARMONK, New York] International Business Machines Corp (IBM) is looking to sell its Global Network business for US$3 billion (555.2 billion) to US$4 billion to focus on the software and servicesBloomberg - 466 words
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FINANCE & COMMODITIES
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384 1998-09-03 20 Unit investment trust based on Nasdaq 100 index filed with SEC Bloomberg [WASHINGTON] The Nasdaq Stock Market Inc is creating a new security that will let people invest in an index of the top 100 Nasdaq non-financial stocks. The second largest USBloomberg - 384 words
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317 1998-09-03 20 Bloomberg {WASHINGTON] banks and large companies" aren't doing enough to heed a new US Securities and Exchange Commission rule requiring them to disclose potential losses from derivatives holdings, an SEC report says. The rule, which took effect more than a year ago,Bloomberg - 317 words
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Article, Illustration311 1998-09-03 20 Bloomberg [NEW YORK] Junk bonds plunged in August, making it the worst month in more than 10 years as falling stock markets dampened investors' appetite for risk. Last month's return for the US$43O billion (*****.8 billion) market of high-yielding junk bonds was aBloomberg; FILE PHOTO - 311 words
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381 1998-09-03 20 Bat Cantor Fitzgerald has still to get CTTC approval Bloomberg [WASHINGTON] If all goes according to plan, bond broker Cantor Fitzgerald LP will next week throw a switch and open the first electronic futures exchange in the US. The development wouldBloomberg - 381 words
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424 1998-09-03 20 Venture would have created top maker of film for wrapping sweets, snacks FT [LONDON] Hoechst of Germany suffered a further setback to its restructuring efforts on Monday with the announcement that a joint venture with Mobil had foundered. The venture, with anticipatedFT - 424 words
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201 1998-09-03 20 Report Reuters [SINGAPORE] Simex Japanese government bond (JGB) futures closed a tumultuous session yesterday on a very firm note as the Nikkei pared early gains. September JGBs traded at a low of 134.61 but ended at 135.29, up 0.04 point. Turnover was light atReuters - 201 words
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158 1998-09-03 20 Cecilia Loh - MSCI TAIWAN FUTURES Cecilia Loh THE Simex MSCI Taiwan Stock Index futures strengthened slightly, closing up 0.90 point yesterday as the benchmark Taiwan stock exchange index rallied 136.59 points to 6.471.68, its biggest gain in two months. Gompal Electronics Inc and other technology158 words
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282 1998-09-03 20 ENERGY REPORT Bloomberg [NEW YORK] Gasoline futures fell as Hurricane Earl moved away from a cluster of refineries and offshore oil rigs in Louisiana and Texas, and as industry reports showed rising supplies of gasoline. Earl, which was upgraded from a tropical storm toBloomberg - 282 words
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Article, Illustration715 1998-09-03 20 IMTHBUA1IE OBMS KATBS Sen 2 C$ K»> ECU ffr HK$ Mhljli Y— W— m IgSftfcKt Pwa S$ lai Sir NTS Mrt PoMd Utt z* E is is a w lfL o| «£j asi oJS tS "51 *m S§ !S us si il Indonesia OOtt 0.015 0.078 0008 0j55 0.0* 0.073715 words
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Article262 1998-09-03 20 AFP THE US dollar continued a timid rally yesterday against the other major currencies thanks to Wall Street's rally on Tuesday. The greenback was up in early afternoon to 138.23 yen compared with 137.66 in the morning in London and 136.40 Tuesday evening. It rose to 1.7560 marksAFP - 262 words
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Article1709 1998-09-03 21 *****1 fUTUMS Sep 2 MINES (fttww cWn at U0*a) RSS t CONTRACTS cmtsAq) CtoM V«Ml 0R0» Month Mfli Low Sott (towm) Irtwwt Oct 96 03.50 113.25 06.00 490 1t» Ho* 96 06.50 1450 Ooc 98 0725 M» JaiVMar 99 09.75 1950 Aer/Jun 99 124.00 1950 ■hrt/Sop 99 *****1,709 words
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Article2317 1998-09-03 21 LONDON Mistrials Sa»2 Nm *h 31 Croup 515.000 9.600 AB Ports 284.000 14.000 Afipay National 1125.000 17.500 ADM Domtcq 500.000 -2.000 Amac 140.000 5.000 Asda Group 185.000 4.600 BAT Ind 601.400 22.400 BO Pic 354.000 0.800 BICC 85.000 unch BOC Group 808.000 13.000 BR Patrolaum 749.000 8.6002,317 words
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Article1569 1998-09-03 21 Bloomberg Nikkei 225 +4JI JAPAN'S benchmark stock index staged its first three-day rally in a month, led by Bank of Tokyo-Mitsubishi Ltd, on signs the political deadlock over a government bailout plan for the financial industry may be broken. "The immediate risk of a bank failure jolting the marketBloomberg - 1,569 words
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Article, Illustration1484 1998-09-03 22 Reuters P Hang Seng +2KUO HONGKONG stocks finished up but off their highs yesterday as short-covering slowed in late trade, dragging the Hang Seng Index down from above 7,500 points earlier in the day. The blue chip index added 293.20 points, or 4.15 per cent, to close at 7,355.67.Reuters - 1,484 words
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Article, Illustration603 1998-09-03 22 Reuters n Steuben B Index +LH SHENZHEN'S Hongkong dollar-de-nominated B shares made strong gains yesterday as a rebound in Asian markets encouraged domestic institutions to enter the market, analysts said. The B Share Index rose 1.19 points, or 2.19 per cent, to 55.74 on volume of HK$lO million, growingReuters; Source: Credit Lyonnais Securities (Asia) Ltd - 603 words
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Article352 1998-09-03 22 AFP Uwrlndex ****** TAIWAN stocks soared 2.2 per cent yesterday on buying support extended by govern-ment-linked funds and bar-gain-hunting, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 136.59 points to 6,471.68. "Government-linked funds bought technology shares to prop up the bourse," said Clement Lou at Taiwan InternationalAFP - 352 words
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Article239 1998-09-03 22 AFP H Wellington *42.41 NEW Zealand stocks rose 2.4 per cent yesterday, recouping two-thirds of Tuesday's losses, after a strong performance on Wall Street overnight. On solid turnover worth NZ5116.3 million, the NZSE-40 Index was up 42.46 to 1,802.54 with Telecom Corp climbing 24 cents to NZ$7.B5. *»i isAFP - 239 words
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Article, Illustration704 1998-09-03 22 AFP n SET Index -35 THAI stocks dropped 1.7 per cent yesterday on selling in the banking and finance sectors and investor concerns over ongoing regional economic turmoil, analysts said. "There are two factors. One is short-term profit-tak-ing in the financial sectors. The second is because of the overallAFP - 704 words
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Article409 1998-09-03 22 AFP H Composite Intel +4M SOUTH Korean share prices closed 1.5 per cent higher yesterday on the government's move to increase budgetary spending to boost the economy amid a rebound in regional markets, dealers said. They said the market was also supported on expected business swaps among the largestAFP - 409 words
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Article575 1998-09-03 22 AFP fjAfl Ordinaries +57,8 AUSTRALIAN share prices bounced back yesterday, rising 2.3 per cent, brokers said. The Australian Stock Exchange's benchmark All Ordinaries Index rose 57.8 points to 2,516.0. National turnover totalled 283.07 million shares worth A 5961.92 million. The All Industrials Index gained 91.5 points to 4,460.3 whileAFP - 575 words
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Article, Illustration679 1998-09-03 22 AFP IjCompoatcMg +3.78 INDONESIAN shares closed 1.2 per cent higher yesterday following improved regional market sentiment after overnight gains on Wall Street, dealers said. "The early gain seen in morning trade was only because of regional and Wall Street strength," an institutional dealer with a leading local brokerage said.AFP - 679 words
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Article305 1998-09-03 22 AFP Httu-iu ♦Ml PHILIPPINE share prices closed 0.5 per cent higher yesterday as Wall Street's rebound inspired investors to pick up oversold issues. The Philippine Stock Exchange Index gained 6.01 points to 1,197.77. Turnover rose to 209 million shares worth one billion pesos compared to 146 million shares worthAFP - 305 words
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Article7760 1998-09-03 23 Transaction date Sep 2 INDUSTRIALS CwiMMf products Last Vai Day N*t C»a Law ClM»M| W« -000 Hm> Law P/l tl— 310 170 Ajinomoto 185 101 75.0 JJJ 35 Angkasa 40 5 46 40.5 39 0.9 59.0 ?I2 !2 3 Apo Food Hlg 135 3 I 1357,760 words
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Article, Illustration335 1998-09-03 23 Reuters +3L89 INVESTORS desperately covered short equity positions yesterday, pushing Malaysian shares sharply higher a day after the government imposed foreign exchange controls, dealers said. But analysts said confusion reigned in the market over the details of the foreign exchange measures amid political uncertainty. TheReuters - 335 words
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WARRANTS&OPTIONS
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Article205 1998-09-03 24 R Sivanithy - WARRANT WATCH By\ R Sivanithy WE never thought we'd see the day when a five sen warrant is seen as being too expensive. Yet given the current market sentiment, we'd have to say almost every such instrument out there is overpriced. One example is the205 words
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Article3010 1998-09-03 24 BONOS, LOANS ft WARRANTS wt w Lot Va4 Day Last Ouotf A»« Ml 9" L,w Stno Compiny Sal* *ar- COOO) High Ln Buy Ullt 23.5 S m 3000 m AMDBC5.5H*****6 5 5.5 16* 6 5 5 7 20.5 3 3160 *Acar ******1 USS 3.5 0.5 4.5 95 5 3164 Acma3,010 words
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Article1884 1998-09-03 24 MALAYSIAN STOCKS f V4I Day Laat Oueta ON Mv VM Mat M Cap m<w Law 5twa Campany Sata COOP) HMfc Law tgr SaPar Cvr p/c $nj 135 28 msSOOO AK850C 35 -43 1530 39 33 34 35 5.0 13 3.3 13.4 35 9 E 5 cd 906 731,884 words
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4096 1998-09-03 25 Of Of M Wt Loot Vol Day LaatOuata Wv Dh W NjJ Cap A,, -=S? f'1"l »ata C000» Hm> Low 8rar W> Cir M $*Ml Prteo MULTHMUSTIV '12 52 mt 1000 Acm«50c 54 -4.5 IN H H 52.5 54 27.5 1.0 25.5 3X MJ4,096 words
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Article694 1998-09-03 25 sees roSw J£"E£, ugptg 2, rigflSXfcrS" *<" >" s 260 85 2001 Asi»m«trtx 50c___ 133 f 75 U W 2 "-0 5U 57 2 iI. ISESSfcrS 5 Si 5! 5 S S'S'SlSSffi SS 2006 EMI K)C 19 S4isp 7 UW 68 t0 34 32 S- 5 r 2 k,o694 words
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STOCK EXCHANGE OF SINGAPORE
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Article309 1998-09-03 26 Stacks VriiMM ChewEuHock 20c 18,834,000 SingTel 15c M,530.000 *M Resources 11,542,000 •Pub Bk Foreign 9,951,000 *MBf Capital 9,242,000 0C8C Foreign 7,692,000 STEnggKk 7,031,000 •Renong BM 50c 6,947,000 •Horth Borneo 6,604,000 Keppel Bank 6.224.000 Stocks SingTel 15c 37.247.472 OCBC Foreign 33,034,325 D6S Foreign 22,836,628 SPH 20,300,509 UOB Foreign 18,167,368 SIA Foreign309 words
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Article, Illustration626 1998-09-03 26 R Sivanithy - STOCK MARKET COMMENTARY Wall Street rebound eases pressure but M'sian currency, stock curbs still causing confusion By R Sivanithy [SINGAPORE] A rebound on Wall Street on Tuesday helped ease some of the pressure on the local blue chip index yesterday, although the broad626 words
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ON THE GRAPEVINE
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Article178 1998-09-03 26 Al'KlSft an unexpected windfall, thank* tA the Hongkong government's market Intervention, stockbrokers are now concerned they will be in for a long dry speU. They fear that "contamination" from the market intervention may have damaged Hongkong's reputation ami could keep investors away. Based on a market178 words
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Article92 1998-09-03 26 IMP I am Forgives SO much for all the flies and bluster and the announcement of strict sanctions ami reprisals. An IMF team arrived in Karachi. Pakistan, this week, signalling that an understanding has been reached on resuming aid. Presumably the dust raised by those nuclear teats In May has92 words
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Article102 1998-09-03 26 THE not so cordtal disquiet express*) l» Malaysia's Mahathir Mohamad about the wnductof oflfchore businessmen seems to Executives Eastern Economic Review shows that *tf**ide,4&9pereent of executives disapproved of the job Dr Mahathir was doing in Malaysia, with another 18.4 per cent undecided. The disapproval rating was102 words
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Article65 1998-09-03 26 YOtJ read it first in this column yesterday. Gold, we reported, could surge all the wife to US$280i8,ounce —a handsoaw US$5 ofi| j Its 19-year low last week. Well, it made ft k yesterday in London. Not quite the flight to that gold bulls may have65 words
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Article, Illustration71 1998-09-03 26 Shiv Taneja - -by Shiv Taneja KEPPEL Bank fell two and a half cents yesterday to 96.5 cents on a volume of 622 million shares, compared with its 10-day traded average of 315,500 shares. In the near term, the counter is likely to trade sideways with a negative bias, according to71 words
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Page 17 Advertisements
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Advertisement60 1998-09-03 17 j U JV. PROPERTY FINANCE FROM SINGAPORE. v» For further information, please contact either Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 Highly Competitive Interest Rate Fast and Convenient Service Flexible Loan Package Pre-purcliase Approval 9 I life ¥*C The Royal60 words
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Page 18 Advertisements
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Advertisement100 1998-09-03 18 This announcement appears as a matter of record only (Incorporated in the Republic of Singapore) Unconditional Cash Offer by Pacific Century Group (Cayman Islands) Limited (Incorporated in the Cayman Islands) to acquire all the issued ordinary stock units of Ssl.oo each in the capital of Pacific Century Regional Developments Limited100 words
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Page 19 Advertisements
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Advertisement26 1998-09-03 19 To see what the new Motorola c, rr A r looks like, wisit the millionaire nearest to you. .11 So I AA MOTOROLA I WINGS I26 words
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Advertisement16 1998-09-03 20 The Straits Times Classified ———I Where buyers s meet someone to 11 ll' r ora m16 words
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Advertisement11 1998-09-03 22 ——hp— Put The Straits Times Classified to work for you today.11 words
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Advertisement17 1998-09-03 23 j Visit The Straits Times Classified to start your holidays on L the right foot, n jj17 words
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Advertisement70 1998-09-03 24 calling about f See...l The card we're the computer I you this was a N. making for Susan 1 I advertised in J good deal. J /Y up, we got what V is going to be J Straits Times 1 we wanted because N. real nice! if* I rf ss.'Jr70 words
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Page 25 Advertisements
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Advertisement18 1998-09-03 25 -aa:,-.. WATCM PLAZA> oT y4 > •01-»6/»y/«« Tit: I ASTIR N CINTRIPOINT, ORCHARD ROAD TILi 3)5 25M V i18 words
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Page 26 Advertisements
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Advertisement577 1998-09-03 26 |BUSINES S A-Olives IN THE MATTER OF HONG SHEN DEVELOPMENT PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE ISHEREBYGIVEN pursuant to Section 308 of the Companies Act (Chapter 50) that a Final General Meeting of the members of the abovenamed company will be held at the office of577 words
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Advertisement192 1998-09-03 26 IN THE MATTER OF JASWAY ENTERPRISE PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBYGIVEN pursuant to Section 308 of the Companies Act (Chapter 50) that a Final General Meeting of the members of the abovenamed company will be held at the office of the liquidators, 101192 words
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Advertisement819 1998-09-03 26 Brilliant f Mamrfacturtiu Limited Notice of Annual General Meeting HEREBY GIVEN that the Annual General Meeting of BRILLIANT MANUFACTURING LIMITED will h# h*M 'business 00 9 SinflaP re *****0 M nday 21Se P tember 199?S™r,ransld KLmg As Ordinary Business 1 the°Audi'^Report'thereon P Financia Sta,ements ,or th year ended 31 March819 words
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Advertisement402 1998-09-03 26 THE COMPARES ACT, CAP. 50 GOADS REALTY PROFESSIONALS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At the Extraordinary General Meeting of ORADS REALTY PROFESSIONALS PTE LTD duly convened and held at 711 Geytang Road #03-04. Singapore *****6 on Monday the 31 August 1996 the following special resolutions set out below were402 words
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Advertisement877 1998-09-03 26 IN THE MATTER OF HINI STAR PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting ol the members of the abovenamed Company duly convened and held at 17 Phillip Street #05-01. Grand Building, Singapore *****5 on 27 August 1998. the Special Resolutions set out below877 words
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SHIPPING TIMES
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Article, Illustration524 1998-09-03 27 Felix Chan - By] Felix Chan {SINGAPORE] The issue of extending the financial burden of maintaining the Malacca Straits beyond the littoral states was among the issues discussed at the Maritime and Port Authority's International Advisory Group (lAG) meeting over the last two days. "The524 words
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Article292 1998-09-03 27 Bridge News Reuters LATE trading was quiet again except for a little activity in the handy sizes, mainly in the grain trades. Rates from the US Gulf continue to be very weak for both Panamax and handy sizes. InthePanamaxes, Louis Dreyfus opened with 54,000 tonnes 5 per centBridge News; Reuters - 292 words
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Article274 1998-09-03 27 **j a w CWT OiStrHxition 0-225 *0.02 39 Clwan Hup 0.305 -0.005 170 C«*c« tovastmant _0.41 -0.005 56 Pratt* Links 0.13 unch 125 CffHeUtng* 0.20 unch 25 Hal Sun Hup 02SS unch 643 Hitachi Zosan 0.515 unch M IMC HK 5.60 Jty* Holdings 0 J7 -0.01 14 Jurang274 words
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Article, Illustration516 1998-09-03 27 Felix Chan - Though divided over impact on operations, most express concerns over restrictions By: Felix Chan [SINGAPORE] The capital control measures announced by Malaysia on Monday has given rise to some uncertainty among shippers and logistics operators in Singapore, with most giving the measures a resoundingFILE PHOTO - 516 words
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Article, Illustration586 1998-09-03 27 Felix Chan - SHIPSHAPE By: Felix Chan WITH his appointment to the post of chief executive of the Australian Maritime Safety Authority (Amsa) four months ago, Clive Davidson steers the authority into a new maritime era with the dawn of the International Safety Management (ISM) Code. TheARTHUR LEE - 586 words
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Article, Illustration54 1998-09-03 27 [DONGGUAN, China] A former Ukrainian aircraft carrier being towed yesterday to Dongguan, China to be converted into a cruise ship. The aircraft carrier Minsk, previously part of the former Soviet Union's Black sea naval fleet, has been stripped of its weapons and sold to a Chinese-basedfirm due toAFP - 54 words
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Article, Illustration669 1998-09-03 28 NORTHWEST AIRLINES STRIKE Strike shows the dominance of single carriers at hub airports, fuelling arguments that competition is lacking r\l7 A CUTXTPTAVTI 111 I I I I II n Reuters [WASHINGTON] THE Northwest Airlines strike has highlighted the dominance of single carriers at many hub airports,Reuters; FILE PHOTO - 669 words
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Article239 1998-09-03 28 PAGE Del m*s 4 ACL 9 °J* Ltoyd 9 ANl 3 Dongnama 3 II Accord 8 Cl 5 Appenship 5 6 II Astro 3 foongSun 8 Austral 9 G Link 4 8SA 7 Gemartrans 8 Bayswatw 6 CeflsJipg 9 B'tangMas 8 H« Son Hup 8 CCNI 7239 words
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Article21872 1998-09-03 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser vn»l Voyaqe Ttiep/ionf I ETA ETA Advertiser Vessel Voyaqe Telephone SIN Dest'n Sam# Name Number Number I SIN Oest'n Name Name Number Number I 06/09 03/10 Evergreen E. GENERAL 9-061W 65-392H11 A I 06/09 03/M Triestino EVER GENERAL 0229-061W 65-*****35 T« imn21,872 words
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SHIPS IN PORT
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Article606 1998-09-03 41 v t> < VoyWo Bartii Arrival Papartara i?f" l#fy V96 JmW *J09 ttongiidt 02.09/0900 020 JT1 MflqsM* 0109/0700 Y ("owe jot *km«sMt 04.09/1900 B» Lofflpo M *****8 J01 rton«Mt 02.09/2300 2 c *****6 JOI Mongsid* 02.09/2230 "J* 1,1 S£P2 JOI HMfSld* 02.09/2359 J "•V*" 02/09 J09 tloo«Mt 02.09/1930606 words
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Article1598 1998-09-03 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Bolonct Rstls Ship Voy No Etb/Rtr Porlod Fro* To From Aci 0«ty 0148 04/1600 U 02/800 02/1651 02/800 02/800 02,1*51 02/*OC 2A 02/1700 03/0*51 03 y*y a 82/1700 03/0651 01/0900 1 Ol/COC 03/189 *****C 4 03/1200 01/1451 01/1700 iwliMM* 0481,598 words
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Article198 1998-09-03 41 Sep7 Canada: Labour Day. Hong Kong: Day following Mid autumn Festival. United States: Labour Day. Sap 15 Japan: Respect of the Aged Day. Sap 18 Mexico: Independence Day. Sep 23 Japan: Autumnal Equinox Day. Sep 34 South Africa: Heritage Day. Bep 28 Hong Kong: Chung Yeung Festival. Taiwan:198 words
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Article450 1998-09-03 41 Carton *•9 21 cwtT wit*r mMw Art Mwimwi Si—im «M* Cum ■W» %MI »M* w —x tSC/CiMC UmKs Spoc £25 9* 10 fVO o"io J? (MO* IgcMB 991 10 a.O 0.15 80* 0.10» NortHof* Euro** WO Ave 902 5 02 ttli o!o3 W 0.02 W0 Mm450 words
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Article619 1998-09-03 41 THIS report, complied by Cockett Marine OU Ltd. •hows phce ramet in US dollars instead of single pricea for a more comprehensive description of the market Prices shown are baaed on average-stsed stem Market movements are indicated The Cockett Bunker Price Index change and the individual619 words
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AIR&LAND TRANSPORT NEWS
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Article, Illustration671 1998-09-03 42 MoveforMnlallyto take over Woodard comes after a year of production delays, foiling profits at firm Bloomberg [SEATTLE] Boeing Co named Alan Mulally to replace the head of its commercial airplane unit after a year of manufacturing delays and slumping profit at the world'sBloomberg; REUTERS FILE PHOTO - 671 words
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208 1998-09-03 42 Bloomberg [ATLANTA] Delta Air Lines Inc called off a key portion of its alliance with UAL Corp's United Airlines to sell seats on each other's flights after Delta failed to reach an agreement with its pilots. The pilots said they wouldn't consider theBloomberg - 208 words
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163 1998-09-03 42 AFX-Asia [MANlLA] A government panel will review aviation policies to see how they may be modified to aid Philippine Airlines, Finance Secretary Edgardo Espiritu said. Mr Espiritu, who heads the panel, said the panel will look into the deregulation of the airline industry andAFX-Asia - 163 words
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219 1998-09-03 42 Reuters [SINGAPORE] Asian air travel and cargo traffic has been hit severely by the region's economic crisis and show little sign of improvement, the Association of Asia Pacific Airlines (AAPA) said on Tuesday. Passenger numbers for its member airlines fell by 3.29Reuters - 219 words
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239 1998-09-03 42 Reuters [HANOVER, Germany] Volkswagen AG said on Tuesday that sales of its Europeanmade commercial vehicles should expand around 11 per cent this year after notching up the same growth rate during the first eight months of the year. VW, which makes light commercialReuters - 239 words
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Article, Illustration355 1998-09-03 42 Bloomberg [TORONTO] Air Canada pilots went on strike yesterday after failing to agree to a new contract with Canada's largest airline, setting the stage for hundreds of cancelled flights and thousands of stranded passengers. Representatives of the carrier's 2,100 pilotsBloomberg; REUTERS - 355 words
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200 1998-09-03 42 Bridge News [TOKYOJ Japan's major trading house Marubeni Corp said on Tuesday 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 purchaseBridge News - 200 words
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Article1716 1998-09-03 42 G™ FUCHT ETA FU6WT CTP LH7M 0635 LH6375 1345 8A7381 1930 BA7382 2055 S***** 0835 SO 326 1345 0F81 1930 Of 82 2055 LH778 1610 0F05 2235 $0229 2220 «4578 1610 IH6373 2350 Amttrdaa KL843 0450 KL838 2300 *****5 WO $026 2350 5023 0710 S024 23201,716 words
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Article, Illustration26 1998-09-03 42 U Cra h nve f t^ators inspecting on Tuesday one of the engines of the Cubana Aviation Tupolev-154 Qu The that musedthe AFPAFP - 26 words
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Page 27 Advertisements
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Advertisement18 1998-09-03 27 Spotlight on big airlines' clont Northwest strike shows the dominance of single carriers at hub airports. Pa#o 218 words
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Advertisement55 1998-09-03 27 Boeing replaces chief of plane unit Move comes after a year of production delays, falling profits at firm. Back Page I Cairo or Congo. Sailing schedules to The A trie an Continent. 2 4 hours a day in the Shipping Guide Fax-On Demand hotline 740 6000. Another innovative service offered55 words
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Page 28 Advertisements
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Advertisement685 1998-09-03 28 SUPER SHUTTLE EXPRESS 1 IQULF KARACHI CXTTTFIfI (f itUQ I VBSfl VOYifif lea i i 11 ooa japan ivs H/oi *>T I JIA I PMN I lAN I I m I cot 1 wg sn II 2SWS34 M/M 13/09 NYK VIRGO IK lf/M 11/* 21/ M 23/ M M/M 01/685 words
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Advertisement90 1998-09-03 28 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Hona Ka- a. All China IKVMY TWUfI ft f'fh Ylttri VOY HP SIN ETA HO ETA KOt ETA YOU ETA NGO ETA OSA NOL DIAMOND V.***** 2390 words
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Advertisement519 1998-09-03 28 L" l services represented SfR angaoor^R^Riders Accredited Shippng Agents Association Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETA PKL ETA SIN ETA MALE PiiMcasLOy VMM llyW U/m lsm Princess LJh VKN 17/11 f^lf LIUf MARINE SERVICES SINGAPORE Pfcoie 334 72M/*****4* Fax: U47M4 SCANCHART AGENCIES SDN BHD TCL: («S)519 words
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Advertisement1063 1998-09-03 29 SAX SttVKE (DIRECT) 1 vgsa voy sura I uut 1 oak j pai hou I 1 cot [xwlmlwrc I Hum oosi oa/w I i7/w I 21/oo I 21/00 I a/00 I ai/w 22/00 I a/00 23/09 a/w AfISAMIT post 09/00 24/00 20/09 M/ 00 29/00 2»/P9 W/09 24/04 30/09 30/001,063 words
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Advertisement1839 1998-09-03 29 0 HANJIN SHIPPING HANJMSMrrMCmniIfD tn/ZMbpini lOOU* J2W73W37 S*lfS *****74 ?H DOGJMfIIT *****71 774 MHATWIS *****41 757 kUIA UK *****55 FUJffIM 0M: *****f3M0M I TO NW USA A CANADA I UfiT" CANADA' pMVaTvOT IMMI SM UMHAIt/VOV I Stt 111 M I K 0« MP ST~| OTT MM M MR TV I1,839 words
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Advertisement252 1998-09-03 29 2Q I rasa w_ jm_ ru m j*_ j«_ jh_ jra_ _ws_ I yoTpiniTO|^r*^^[wnjrTj^|| MKIWWWK WSS 73/00 2S/W gg M/M 30/ M 01/W 03/W 04/W [SSlrouiU? 6 0 16 I I I IBStC 1 i!H ISffil fi/S! 1 mTCWSAM JNIS_ 2V» 04/W Ot/W 00/W W/W Krrgnutt; I I MyW OIK252 words
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Page 30 Advertisements
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Advertisement1177 1998-09-03 30 DSR-SENATOR LINES TO UK/CONTINENT TO RED A Iwy Itw lb) wra Am mm |wv |ai 11 «aa Iwr P»'"1 jh> I atr tn ros nc Into PUGWASHSENATOR WM II M 10.M »M 2101 OM »M 1701 CAUKMNMKNATOR WHOM DM 14.M 20 MSN MM SO* (3 10 IWKWdi won M M1,177 words
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Advertisement844 1998-09-03 30 powMminT -|W\- I WH10.11M*****0.1 SOU: (064) *****6 uSSTSaSSSt P«*NO:(M)a«MSM BANGKOK: (862) *****57 P. KELANG: (03)*****77 JKIi (21)*****67 wT|61)64«623 SjgSia (igiggS XINGANG POUT KEIANG MV "Ts^;r A,6S MV "JARU BHUM" V.8397 05/09/98 EIA SIN: 06/09/98 HAIPHONG CANADA MV "MEUNH" V.E3208 MV "HANJIN KAOHSIUNG" V.037E ETA SIN: 05/09/98 ETA SIN: 06/09/98 hongkonc/pusam844 words
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Advertisement322 1998-09-03 30 LINE Tlit IMS4N NUb *****11 1 MUARA 1 LABUAN vissa vor no in vcsa voy no cu sroti muma spotf m xnosra rm/n 04/0900/09 inosni rtn/n m/m m/m tm.turn vm/w 12/09 «maorr vn/w 09/09 11/09 IfWSW V2X/M 14/09 17/09 i.«OSWI VM/W 14/09 U/09 VttOUJfT V 241/90 11/09 21/09 AWOOW VM/M322 words
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Advertisement913 1998-09-03 31 VOY 1 POU PKO pgw PQa DUB I BHJ BA B4K BAM PJL 1302 22/08 30/08 31/08 31/08 01/09 PJL 12»® 08/09 08/09 19/09 IRAN MATIN PJL 1308 24/09 02/10 03/10 03/10 04/10 PM MtM Ortow, DUB Dubai, SHJ Sfcarjah, M Banter Abbas. BIK Bandar Imam Kkomainl ACCEPTI»| G CONTAINERS913 words
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Advertisement1309 1998-09-03 31 DIRECT TO ISRAEL M MaM mm IlkM ii is drysH Thursday I tSHOiTOII WWY ItUMtIW UltliiHM OUTWMDtruTTmST tOHMtnmq. 1 V.7i2lvw2 #17-01DIS1106 SAIES/BKGS *****41/43 INWARD KPT (0/0) *****15 COSTAR AGENCIES (AA) SDN BHD TWO (*****) CONVtWTIOMAI *****50/55 T/SHfMT DIPT *****25 HL 02-07-35MlJfAxT 02M)7-35M170 sa?ma/Dow I if/* I£L »**SIW she own «01,309 words
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Advertisement534 1998-09-03 31 jp=-, EASTERN CAR UNER, ITD."Tt'S|S.r i fJLi ta (SWGAPOHO m LTD SZSZ, j sweuuzi in Bono HCAVt un UPTO 177 TOWS Ed (SHKAFOtE) PH Ut LOADING FOR PORT KLANG/MNTULU I MANILA MV "SPRINO OCEAN" V.15 MV "T1IONO" V.IS 4 EIASNO3/WW H.IWW °""»W ETA SIN 05/09/98 n>MNI 2/09/98 PORT KLANG/COLOMBO CHITTAOONO/YANOON534 words
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Advertisement1119 1998-09-03 32 RWOPf/UK/SCAIKWIAVUWIIttJyKMWffIA I S6P ROM ANW HM THP ZH LHW I INV THP RDM ANW HSG PKL UP E DELIGHT RW-804 UN 2SM 38M 28M 2SM 2IM MM lE. BAINNM RE-884 MM MM IBM 12M MM ■E. DIVINE RW-M1 14M S2/18 *7/1* Mil Mil 17/11 SB/IS E. 6LEEFUL RE-BS2 22M 23M1,119 words
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Advertisement257 1998-09-03 32 ICU UNI Singapore Ptt Ltd 15, McCallum Street 10-03 Natwest Centre, Singapore *****5 Johor Bahru Tel: 07-*****18 Fax: 07-*****62 Yokohama Osaka Koe^°^^l9§!iCr^ OHAMA Nagoya Shimizu For bookings, call Tel: 220 3373 Fax: 220 1366 as hs ha —«--ssg?S- HSc —g5 ——jyj! jflj ffj Wt ronr S7?s ——?X»—®2?-j—wi» n/io li/ii n/ii257 words
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Advertisement358 1998-09-03 32 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel voy sw wu pw or I «/iat" mump* moos vm i;/w 21/w am mrcurpwg im is/w »/w b/io ma rams torn 23/w 02/10 04/10 11/10 iyio mamtM hoots x/m w/io iyie ii/it WSACKTBIi ¥.0025 07/10 14/10 28/10 M/ 10 21/10358 words
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Advertisement406 1998-09-03 33 ISM MYANMA PfeWk FIVE STAR UNE W (MyoNMor NollmmJ Um) Loadiag for Yoijoi (R *****11) VOY SM PU PEN POD HTTWf SIW SID PATNHN ISOW SIB MALAYSIA AGENTS.- OOUSTIAD SNIPPING AGBKXS KIN: TH (03)*****00 PU: TU (03) 37*4101 POfc TU (04)2****** PGIh TH (07) *****21/4 tg| BANK LINE (A t«cvk«406 words
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Advertisement975 1998-09-03 33 HMk IVBSB sou |uh «tm ant ham onv I m Ivcsa vorl sou I i« Ira 1 ant Iham Imy I m PM I HYFHWUL JI3W 31/00 14/01 17/09 19/09 22/09 MAS 514* 14/01 TITS 09/* lW 01^9 DUMB SSOW J3/09 21/09 26/09 23/09 24/09 API AIMAMOS SOX 11/01 IS/tM975 words
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Advertisement869 1998-09-03 33 •T nonggian ipadofaed outooanwi Gi§)§(°](£ Wilhelmsen Lines TO NORTH AND LATIN AMERICA "*ORO HEAVYUFT SttVKT y fT I» I I Iwu SAV IML I OtF I wrc HEW HOI V**™ Flll 400 1W nW"T97i^ls7irWi^WirWirWio~M7TTß7rr JJ* 1 FOl9 4001w 6.3* 21/09 23/10 01/11 04/11 00/11 01/11 09/11 10/11 15/11 10/11 |THAS869 words
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Advertisement1831 1998-09-03 34 BANGKOK/ MAP TA PHUT/ LAEM CHAEANO] JAKARTA/PAN JAWO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN XETHA BHUM 248N "In Pt 06/09 GURU BHUM 9358 In Pt 08/09 MATHU BHUM 379N OS/09 09/09 PEJA BHUM 763S 05/00 09/09 RATHA BHUM 29N 05/09 00/09 06AM TRANSCORD* 068 05/091,831 words
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Advertisement33 1998-09-03 34 LNS EXPRESS (S) PTE LTD Blk 217 Henderson Road. #01-04 Henderson Industrial Park, Singapore *****5. CR NO: **********Q/H Air-Sea International Freight Forwarders MANILA I Alto accepting H«avy LHI rPro|gcTc»rgo] Tel: 65-276 7996 Fax:6s-*****4033 words
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Advertisement397 1998-09-03 35 indonesB^ATIONAHN^I TOEUROPE 1 EXPRESS SEMt-COffTAINERISED SERVICE 0Y S POWt AOAM/WOAM HIUW6 MfMtW ANTWERP* A VESSEL 20/10 28/11 OMIT OS/11 TO AUSTRALIA I WU CONTAINER SERVICE m JjT WW [H« OK I STP Iml MM AO. 188 I *"jg» ims omoomo iMo|moo nm vm WSUCAI 1?S IMS 12*0 2MO |a«0 2MS397 words
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Advertisement931 1998-09-03 35 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Cecil Street, #12-00, PIL Building, Singapore *****0 ■ML«L- TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60 *****05 IANOKOK JAKARTA (Wtfcly »Mg PAT/I WM LCH/1 Sl| SWT) (5 SolHim/Woot) VESSEL VOY SM BKK VtSSH. VOY «N JKT if931 words
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Advertisement788 1998-09-03 35 [VESSELS I VQY 9N I JED I ML* I LEH 1 HAM TX> urn 7g VW-LE DE VWGO S27W 07/09 16/06 21A» 27A» ~~agg 3t*» 30/08 01/10 I V*X£ DE VELA N27W 15/08 24/06 29*» 05/10 08/10 o*lo <WlO I V-LEDCGEMfrIA H27W 22/09 01/10 08/10 11/10 12/10 ivio WIO 18/10788 words
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Page 37 Advertisements
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Advertisement51 1998-09-03 37 s^SZi74Moo^o^Q€ni3n(i —(Retrieve more schedules!) Press "1" ||i ■,rJ%- c.*rJC\ Select the port and key in the four digit code eg: To New York (NYC) 2275 J sj£) Key in your fax number I 09 your phone number Another innovative service offered by The document Will be Z shipping times aDaat51 words
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Page 39 Advertisements
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Advertisement49 1998-09-03 39 Dial 740-6000 on demand] (Retrieve more schedules!) s£) Press-1-CT JC\ Select the port and key in the four digit code eg: To A/ew York (NYQ 2275 ST© Key in your fax number I your phone number Another tanovtive service offered by CT The document Will be shipping Times aDaag.49 words
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Page 41 Miscellaneous
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Miscellaneous92 1998-09-03 41 I EGEND: R Thunderstorm Temperature Weother r/ W-nd dK.ct.on w,th speed m knots Rom Cloudy Sky Wo»« height Su->oc, winds or* mooted by arrows which with the wind One ft* circle represents colm or light and variahu I n vonob4. wwyl, One hoW Heche represents 5 knots I—• One fun92 words
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