The Business Times, 23 September 1998

Total Pages: 66
1 66 The Business Times
  • 14 1 85c MITA (P) 11(V12^7 THE BUSINESS TIMES SINGAPORE Internet http://business-times.aslal.com.sg/ WEDNESDAY, SEPTEMBER 23, 1998
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  • 69 1 O 8*32 (+IS.7S) ■VBT-SU |U 38L47 (+6.52) 7 fIBTCOMP UmM(+B.es) WV sodoi nmnES Um2o(ti.7) d MAMUff MOOPt UKxed STOCS MARKET DlinCES Tuesday ChtogB KLSE COW 586.45 NIKKEI IS,7tt81 HANG SENG 7,TOJ»__>M(1S8 SET INDEX mi4 +1* JAKARTA COMP 2MJJ8 -4.05 MANILA COMP I.123JS0 -40.96 TAIPEI WPI 1,03AM *LH SEOUL
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  • 79 1 uss at UBS 1.733 per S) 1.177 UN DM t.M 1.024 YEN 1*1 LW* KM 18M 0456 HKS 7.741 *84 BART Mi IMS RJPIAH 11JM—%JM* •a* mm* *3? to Ml and FUME BATES 8DWAF0BP 7.73 KUALA LUMPUB 11.(0 JAKARTA KM BANGKOK 14.75 ■ANSA 8J0 HUB BONO 10.26 TAIPEI Ml
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  • 786 1  -  Snap polls seen as only way out of impasse over banks From. Anthony Rowley in Tokyo SIGNS emerged yesterday that Japan may soon be plunged into political as well as economic crisis and that a snap election may be the only way
    Source: Bloomberg  -  786 words
  • 566 1 Groups ceding global investments to settle USs7b debts at their failed banks Bloomberg [JAKARTA] Indonesia said the Salim and Nursalim groups agreed to settle US$7 billion (5512.1 billion) in debts at failed banks they controlled by ceding to it shares in
    Bloomberg  -  566 words
  • 536 1  -  Temasek calls for pre-qnalifying bids; farther sale could be through public listing By] Ronnie Lim [SINGAPORE] Temasek Holdings is launching today the sale of a majority stake in the )3 billion Tuas Power (TP) to private investors. The sale of TP is to be
    536 words
  • 1074 1  -  Premier dismisses talk of declaring state of emergency From] Eddie Toh in Kuala Lumpur PRIME Minister Mahathir Mohamad yesterday said he had incontrovertible proof that his former deputy Anwar Ibrahim had committed sodomy and that charges would be brought against him soon.
    AFP  -  1,074 words
  • Page 1 Advertisements
    • 145 1 mane Speculation mounted in financial markets yesterday that work! powers were preparing a multibillion dollar rescue ftind for emerging market nations, PglB Piy est withdraws Hongkong Telecom, one of the largest HK companies and employers, yesterday caved in to widespread public pressure and staff protests by withdrawing itsplan to cut
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    • 23 1 Obnohi promises recovery in a year or two, Pg 15 Investing *98 Free with your BT today. Make sure you get your copy.
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    • 326 1 1 jjfafeijrirefi Just because you are the wife, dont cover him up if he is tmfy ot/fty(\ <. JM as alleged. I came out with that f'(H correction in me. I have faith that I 1 W Anwar didnl do anything NforvJ Exclusive interview, Pg 3 These two exquisite watches,
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    • 15 1 KL mart orders release of former Anwar aide, Pg2 Qrwwh iwilaHu Anwar's house dwindle, Pg2
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  • ANWAR'S ARREST
    • 521 2 It refuses police application to extend remand; Umno Youth official arrested Bernama [KUALA LUMPUR] Anwar Ibrahim's former private secretary Mohamed Azmin Ali, was ordered to be released by the Magistrate's Court here yesterday but Umno Youth Chief of Lumut in Perak Zamberi
      Bernama  -  521 words
    • 338 2 AFP [SYDNEY] Australia warned yesterday that political turmoil in Malaysia could threaten the future of the Asia-Pacific Economic Cooperation group due to meet in Kuala Lumpur in November. Deputy Prime Minister and Trade Minister Tim Fischer said he was deeply concerned about the possibility
      AFP  -  338 words
    • 496 2  -  Police probe his wife's comments, take statements from her twice From, Ruth Wong in Kuala Lumpur CROWDS which used to gather at the residence of sacked deputy premier Anwar Ibrahim started to dwindle yesterday as police security in the area was tightened. Until late last
      AFP  -  496 words
    • 430 2 AFP, Reuters, Bernama [KUALA LUMPUR] Prime Minister Mahathir Mohamad denounced Australian counterpart John Howard yesterday for being "dictatorial" and "wrong" in asserting Malaysia was heading for a more authoritarian government. "I think you are authoritarian when you make accusations
      AFP,; Reuters,; Bernama  -  430 words
    • 392 2 AFP [KOALA LUMPUR] Prime Minister Mahathir Mohamad's radical response to Malaysia's economic problems must save jobs and keep prices down to stave ofif his challenger Anwar Ibrahim's nascent but popular reformation movement, analysts said yesterday. "The golden question against the current
      AFP  -  392 words
    • 169 2 AFP [KUALA LUMPUR] Some 132 people, including 17 foreigners, have been arrested in connection with disturbances linked to the arrest of former Malaysian deputy premier Anwar Ibrahim, police said yesterday. Among the foreigners were nine Indonesians, two Pakistanis and one from Afghanistan, Inspector-General of
      AFP  -  169 words
    • 1728 3  -  WAN Azizah Wan Ismail, wife of the arrested former deputy premier Anwar Ibrahim, is now at the forefront of Mr Anwar's reform movement. BT's regional analysis ed/tor Yang BasiUi Kaaslm spoke to her last week before the arrest of her husband Yang Razali Kassim After
      REUTERS  -  1,728 words
  • Page 2 Advertisements
    • 208 2 P Southern Illinois University Carboodaie, Illinois, USA Nationally accredited by AACSB FttHy accredited by NCACS X/ New Intake in Singapore 26 October '98 Management •18 months only; 11 modules; 495 contact hours I EDUCATION CENTRE 100 completed in Singapore For further information or •><»% taught by University's faculty Ktp*"* free
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  • Page 3 Advertisements
    • 306 3 ''m ir" iin'M I 1 l§9 mJM ka > VQV6. The Quiet Achiever: Vqted One Df The world's Top Ten Engines Fdr Four Consecutive Years. Anyone who knows cars knows that Nissan's packed with performance-enchancing technologies; achieves high power and torque levels not only in the Ward's Auto World in
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  • SINGAPORE AT HOME & ABROAD
    • 609 4  -  But they say they're staying in S'pore for long haul despite bleak prospects By i Carol Eng ALMOST all the major Japanese department stores in Singapore have chalked up losses for the last three years, with at least one in the
      FILE PHOTO  -  609 words
    • 472 4  -  But housing still affordable with lower CPF, says an analyst By. Ang Wan May INTEREST rates have to fall nearly 2 percentage points to offset the impact of expected CPF cuts on mortgagors, assuming no
      472 words
    • 406 4  -  By. Annette Pau THE government wants to establish Singapore as a global base for companies to implement electronic commerce, and hopes to have at least 25 leading logistics, manufacturing and services companies set up their e-commerce operations here over the next five years
      SIEW YAW HOONG  -  406 words
    • 201 4 HONGKONGBANK and Citibank have reduced their prime lending rate (PLR) by 25 basis points, in line with local banks. Both banks' PLR is now 7.75 per cent, with HongkongBank's being fMffect from last Friday wfrj|g Citibank's is effective tadßf* The other leading foreign
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    • 340 4 The Straits Times [WASHINGTON] Prime Minister Goh Chok Tong yesterday called on the US to take the lead in mobilising international support to tackle the Asian crisis, urging it to seize the long-term view that the turmoil did
      The Straits Times  -  340 words
    • 262 4  -  EYE ON THE ECONOMY Salary By Audrey Tan BASE pay offered by recruiters have started to fall, in line with weaker economic growth and a slacker labour market, a quarterly poll by the Remuneration Data Specialists (RDS) shows. Such salaries fell for 10 of the 17
      Source: RDS  -  262 words
    • 357 4  -  By David Boey MALAYSIAN conglomerate Hicom Holdings has put its Tekka Corner site on the market, two years after securing it at a government land sales tender. The proposed sale, which analysts say could see Hicom taking a loss, makes the KLlisted
      357 words
    • 413 4  -  By Catherine Ong HAVING already cabled 713,000 homes, Singapore Cable Vis ion (SCV) said yesterday it is confident of wiring up all of Singapore ahead of its contractual deadline of Dec 31,1999. It has accelerated its rollout programme, especially to landed properties, and expects
      413 words
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  • Page 5 Advertisements
    • 195 5 For every square foot in developments in Raffles Place. Keppel Land's Offices, 21 Strategic location means convenient access to all parts of Singapore. you state-of-the-art intelligent features offer a highly efficient of privileges. B] Large floor plates to consolidate business operations and improve work efficiency. H Distinctive architectural designs and
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  • FOCUS
    • 1283 6  -  Two recent conferences attracted high-tech entrepreneurs, financiers from the US and Singapore. Is a 'technopreneurial' culture finally evolving here? Reports by. Kenneth James [SINGAPORE] CALIFORNIA'S Trade and Commerce Secretary Lee Grissom remembers a meeting in Paris last October with a senior official from
      CHRIS LOH  -  1,283 words
    • 722 6 A Calif onrian official explains what makes the Valley unique "EVERYBODY wants to have Silicon Valley," California Trade and Commerce Agency Secretary Lee Grissom observes. "They want to have Silicon Beach, Silicon Lake. But it is a world original, there's no
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  • Page 6 Advertisements
    • 122 6 new horizons #Jk2>£N^■ w m tw W*^^' mil I ~ac*4H9HßtfM ..Jar < r V*'II IH? I euro dwn| bringing the t transformation to global financial markets our lifetime. Major investors, corporates and to Deutsche Bank as a knowledgeable and trusted partner to help profit from new opportunities and avoid Euromoney
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  • FOCUS: MONEY MATTERS
    • 1013 7  -  Worries over Japan recovery, political fears darken regional markets By Larry Wee Regional financial markets pretty much took up where they left off a week earlier, but with a somewhat more sombre tone. Interest rates continued to head lower, stocks recovered a little, but most currencies remained
      Source: Bank,Bridge; Source: HypoVereinsbank  -  1,013 words
    • 428 7  -  By Irene Cheung The author is executive director, Asian Pacific Research, Canadian Imperial Bank of Commerce. The article does not constitute an invitation to invest BTand its contributors shall not be held liable in any way. THE market has been rife lately with speculation
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    • 352 7  -  BMMLima By] Dave Lewis The author is managing director of research firm 4Cast. The article does not constitute an invitation to invest. BT and its contributors shall not be held liable in any way. (SINGAPORE] Japanese politicians supposedly reached a compromise late last Friday on
      352 words
    • 350 7  -  Compiled by Larry Wee Today: The National Wages Council reconvenes to seek ways to improve Singapore's competitiveness in a difficult economic environment The foremost issues are: how deep a CPF cut will eventually be implemented as well as how the variable element of employees' wages can be
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  • Page 7 Advertisements
    • 260 7 Get iT^Oi from 1 *J P3P N Pa k 7 7 s^" PAKISTAN SOFTWARE EXPORT BOARD Offers Incentive Packages with unmatched facilities for software companies you find hard to resist... Corporate income tax exemption. No ceiling on repatriation of capital gains and profits^ 100% foreign equity. No conditions on joint
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  • Page 8 Advertisements
    • 343 8 The airline that offers Singapore more of the US, now offers more reasons to fly everywhere. Vancouver.**' ...V®-'"' Calgary Winnipeg Seattle Portland Minneapolis.\ ■Toronto J- St. Paul Sacramento V Salt lake City V De ro '-'....San Francisco j j \wasbingum Tokyo taVSgas -Chicago Los Angeles l C/ 3»? Phoenix Memphis
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  • REGION
    • 296 9 JAKARTA Bloomberg INDONESIA'S attorney-gen-eral said there's no reason to suspect former president Suharto has any wealth stashed overseas. "Suharto told me he has no deposits, no shares, and no certificates abroad," Lt-Gen Muhammad Ghalib said at a press conference, adding that
      Bloomberg  -  296 words
    • 321 9 JAKARTA Some members met victims, says report quoting chairman AFP A TEAM set up to probe violence during May's riots in Indonesia have told the government that sexual assaults including rape did take place, reports said yesterday. "We confirmed
      AFP  -  321 words
    • 604 9  -  Up to 3,000 expected to ask state govt to return land acquired by Suharto govt Fromi Shoeb Kagda in Medan INDONESIA'S third largest city is bracing itself for further social unrest as between 2,000 and 3,000 farmers are expected to march to
      604 words
    • 257 9 JAKARTA Minister expects earnings to continue in months ahead AFP TROUBLED state airline Garuda Indonesia recorded its first-ever profit, worth 200 billion rupiah (5531.2 million), in August after years of losses, reports said yesterday. Minister of State Enterprises Tanri Abeng said
      AFP  -  257 words
    • 339 12 BEIJING US official offers energy expertise and funds, if investment rules are attractive Reuters AFP THE central government has cancelled 20,700 illegal levies imposed on Chinese companies, but the effective tax rate still accounts for 30 per cent 1 of gross domestic product
      Reuters; AFP  -  339 words
    • 280 12  -  SINGAPORE FDI from tfceefe two regions mil |j| 2J times By] Lu Ning DESPITE the Asian crisis, European and US multinational corporations have drastically stepped up their investment in China's largest city, Shanghai, official figures show. In the first eight months of this year, investments
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    • 274 13 BEIJING It plans to change copyright law to bring it In line with global practice AFP CHINA, often criticised by the US for its record on copyright violations, yesterday set up a Copyright Protection Centre and said it planned to amend the law
      AFP  -  274 words
    • 82 13 SEOUL AFP SOUTH Korean civil servants will see their gross wages cut by 4.5 per cent next year as part of a cost-cutting drive, newspapers said yesterday. The cut will come when an annual government allowance is abolished to subsidise health care, the
      AFP  -  82 words
    • 264 13 CANBERRA Move will drag down world commodity prices, it says Bloomberg THE prospect that China may devalue its currency to keep its exports as competitive as those of its neighbours, poses the biggest threat to Australia's commodity exports, the government's key
      Bloomberg  -  264 words
    • 229 13 BRISBANE Reuters AUSTRALIAN Prime Minister John Howard, fighting for re-election in the Oct 3 national election, yesterday defended himself against claims that he was not fit to lead a multicultural society. "That's wrong and I naturally reject that," Mr Howard said. Opposition leader Kim Beazley
      Reuters; AFP  -  229 words
  • Page 9 Advertisements
    • 121 9 bce re v HH| ig >n an emergency situation, > r I faster than a to bars and a i| V I safety ensure that most !l I W V M B ef energy is absorbed S passengers. J^th s J passenger stable i -V' e J ~||r when an
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  • ASIA'S ECONOMIC SLUMP
    • 429 10 Bank Negara gives no reason for retraction AFP [KUALA LUMPUR] Confusion reigned in the Malaysian financial community yesterday after the central bank retracted a statement announcing measures to ease pressure on non-performing loans. The Bank Negara statement had also said loan limits
      AFP  -  429 words
    • 124 10 Reuters (PRINCETON. New Jersey] Malaysia has been dropped from the Dow Jones stock indexes because of its restrictions on foreign investment, the financial information company said on Monday. Dow Jones said it would remove Malaysian companies from its world and regional indexes starting Oct
      Reuters  -  124 words
    • 328 10  -  HE'S 18% rally, Tokyo's 1.4% rise stabilise markets By] R Sivanithy [SINGAPORE] Regional stock markets yesterday rebounded in line with a rise on Wall Street that came after US traders shrugged off the global airing of President Bill Clinton's grand jury testimony as
      AFP  -  328 words
    • 386 10 AFP [JAKARTA] A market-buffet-ing debate on whether Indonesia should follow Malaysia and clamp foreign exchange controls flared anew yesterday with some government officials siding publicly for the first time with businesses seeking such curbs. Two officials one, a minister and the other,
      AFP  -  386 words
    • 527 11  -  Company caves in to public pressure and employees' protests; expected to unveil alternative plan From* Quak Hiang Whai in Hongkong HONGKONG Telecom, one of the largest Hongkong companies and employers, yesterday caved in to widespread public pressure and staff protests by
      AFP  -  527 words
    • 443 11 Major changes aim to make trading more transparent Reuters [SEOUL] South Korea's stock market yesterday announced major reforms that may make it more transparent and bring it in iine with world standards. In a move welcomed by investors and brokers, the exchange said the changes would
      Reuters  -  443 words
    • 263 11 Reuters [SEOUL] The central Bank of Korea has been intensifying monitoring of trading on the local foreign exchange market to stave off possible attacks by international hedge funds, a local newspaper reported yesterday. The early Wednesday edition of the Maeil Business
      Reuters  -  263 words
    • 429 11  -  Grounding looms anion stiff agree to management offer From, Al Labita in Manila THE fate of the troubleplagued Philippine Airlines (PAL) will be known today when the government announces the results of the company's referendum. Till late last night, the labour department was still
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  • Page 11 Advertisements
    • 111 11 mm feV V Ik^l rV pp l^ fe\v~„. v F iii ly illy ,J 1 --v^l Bt. fl Ir ■we created the Nokia 8810. Rrpiece in every sense. His changing. settings and a 505 name and number memory H>histicated. capacity', the Nokia 8810 is technologically brilliant. IBBPHHBHI There's also EFR
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    • 9 11 Editorial! Asia's oldest airline wont fly again, Pg 17
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  • Page 12 Advertisements
    • 1085 12 II CLmmSAL Clipsal Industries (Holdings) Limited mSKMnn (Incorporated in the Republic of Singapore) Announcement off Unaudited Results and Dividend for the Six Months ended 30 June 1998 The Board of Directors of Clipsal Industries (Holdings) Umitsd announces the unaudited results of the Group for the six months ended 30 June
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    • 731 12 Bayerische Landesbank r Girozentrale I CONSOLIDATED BALANCE SHEET I I CONSOLIDATED PROFIT AND LOSS I I I AS AT 31ST DECEMBER 1997 ACCOUNT FOR THE YEAR 1997 I I (Figures in DM *000) (Figures in DM '000) I I I ASSETS 1997 1997 I Cash reserves 1.180.278 Interest income from
      731 words



  • THE WORLD
    • 464 15 LONDON Rumours swirl of up toUSsl2obpoolfor crisis-hit economies, especially Brazil Reuters SPECULATION was mounting in financial markets yesterday that world powers were preparing a multi-bil-lion dollar rescue fund for emerging market nations. People familiar with the work of the US Treasury
      Reuters  -  464 words
    • 653 15  -  Squirming in scandal at home, respected as a leader abroad From Leon Hadar in Washington THE public cable television network, C-SPAN, was projecting on Monday morning through its twin stations two contrasting images of President Bill Clinton. In a way,
      653 words
    • 179 15 NEW YORK Reuters JAPANESE Prime Minister Keizo Obuchi, his government under increasing fire at home and abroad for its economic policies, pledged on Monday at the United Nations to put Japan's faltering economy back on track within a year or two.
      Reuters  -  179 words
    • 312 15 WASHINGTON AFX-Asia THE IMF has warned that global capital markets face major risks such as paralysis in Japan, volatile US and European stock markets and prospects for even broader financial instability. In an annual report, it predicted that unless Japan acts decisively
      AFX-Asia  -  312 words
    • 391 16 WASHINGTON Denmark seen as most clean with S'pore in 7th place in poll of 85 countries by ((raft watchdog Reuters SOME of the biggest recipients of international loans are seen as among the most corrupt countries in the world, according to a
      Reuters  -  391 words
    • 428 16 MOSCOW Reuters RUSSIAN President Boris Yeltsin approved the structure of Prime Minister Yevgeny Primakov's new government yesterday and the full line-up of ministers was expected to be completed by the end of the week. A government spokesman said Mr Primakov had
      Reuters  -  428 words
    • 278 16 PARIS AFP THE French economy is to expand by 3.1 per cent this year and 2.9 per cent the next the IMF wUI report at the end of the month, French Finance Minister Dominique StraussKahn said yesterday. According to the International Monetary
      AFP  -  278 words
  • Page 15 Advertisements
    • 170 15 To see what the new Motorola St or fAC X looks like, visit the millionaire nearest to you. J 7 i"-. --'v \'Ui- If you are a millionaire, thanks for purchasing handphone. In fact, it is so compact and light, our latest handphone. youll hardly know it's in your pocket;
      170 words

  • Page 16 Advertisements
    • 212 16 I I PERKS talks to I I Enterprise HR I I Systems! I I <Ifr'l PERKS interfaces to external HR Systems. If you are using [|||l Enterprise HR Systems, talk to us about how PERKS imports ffi the masters and transactions automatically and generates the payroll according to Singapore regulations
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  • EDITORIAL & OPINION
    • 829 17  -  THE BOTTOMLDIE OPINION By Mohan Kuppusamy The writer is BT's editorial page editor MALAYSIA'S new economic supremo Daim Zainuddin seems to have slain his demon. The Central Limit Order Book (Clob), Singapore's over-the-counter trading system, has finally stopped dealing in Malaysian shares. Why the
      829 words
    • 97 17 'More love, with a little bit of obsession. But definitely love.' Hooka Lewinsky the intern at the centre of the White House scandal, to the Grand Jury about her relationship with US President Clinton. It's no wonder the Japanese financial institutions are criticised. Someone even bought Rockefeller
      97 words
    • 584 17 EDITORIAL IN the wake of the strike of Philippine Airlines (PAL) pilots in June and continued disagreements with ground staff, the company's management put out the word that the airline's problems had to do with recalcitrant or uncooperative workers and their unions. The cure
      584 words
    • 972 17  -  Lack of workable policies, falling popularity and party infighting plague One Nation as Australian federal election nears By\ Manjit Bhatia The writer is professor of political economy at The University of Queensland in Brisbane, Australia THE hopes of many Aboriginal-Aus-tralians and of non-white
      FILE PHOTO  -  972 words
    • 307 17  -  W1MW William Ramseyer California, US via Internet I READ with interest AsiaEurope Foundation executive director Tommy Koh's comments regarding the euro (BT, Sept 17). I agree that the euro will replace the US dollar in a substantial number of international transactions. However, such
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  • EXECUTIVE LIFESTYLE
    • 892 18  -  Griffith Joyner, who died on Monday, was an extraordinary athlete who stunned the world with her amazing sprints and spectacular outfits.PßMMßßreports MIKE PENNER LATWP PLORENCE Griffith Joyner, who treated a 100-metre stretch of synthetic track as if it were a high-speed fashion runway, breaking
      LATWP; AFP  -  892 words
    • 824 18 FILMFEST TheNYFilmFest which starts Friday will offer 28 films from 15 countries NYT [NEW YORK] It began 36 years ago, pre-cable, pre-In-ternet, back when the current glut of culture and quasi-cul-ture, had it been foreseen, might have made its mission seem particularly daunting. But when
      NYT; FILE PHOTOS  -  824 words
    • 599 18 PROFILE New bits inclnde value of Clinton's Sifts, Lewinsky's other encounters NYT [WASHINGTON! Thousands of new details, ranging from the salacious to the hilarious, emerged on Monday from the 3,183 pages of documents released from independent counsel Kenneth Starr's investigation. Mr Starr
      NYT  -  599 words
  • Page 18 Advertisements
    • 84 18 THE CLOCK IS TICKING LESS THAN 500 DAYS! Take advantage of the Y2K pavilion and conference track! g... IpSt*. 4S&jjj" 0 ■P®' maw*. £m*? F 31 COMDEX A at Singapore ASIC Informatics'9B I lit I lii In limit io u l< i h iinloi;» Mm A //»/</« < fin AV\<
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  • Page 19 Advertisements
    • 695 19 Catch what's news in Celts MgWS/ ll 1 Cliitifitd (kit vuktal /ST —ifo vVf CATS Where to wine, dine and entertain..."""?ssa !S|S!«mS l:vcry Monday is Senior Citizen's Day at the ANA Hotel. Anyone 60 and above can enjoy buffet lunches and dinners at the Cafc-in-the-Rirk, or leppanyaki at the Unkai
      695 words
    • 125 19 Experience the wonders of BORDEAUX at Top of the M Revolving Restaurant 17-27 September 1998 f Please call 831-6258/88 for your reservations *®mon WOZkS i Vtm PU AU. Revolving -*g-Restaurant LObeau Bleu Restaurant MPf Bordeaux (France) 333, Orchard Road Singapore *****7 Tel: 737 4411 W*w Ws DouVy QgUqUH. From Ist
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  • Page 19 Miscellaneous
    • 823 19 TV&RADIO Premiere 12 9.30 Buffy The Vampire WNBfrB.-S IMBBB Slayer. MO AMCDIS. 2*o PM TV Innovations. 10.30 News 5 Tonight. ILOO Response TV. 4.00 Kidz Blitz: Sesame u.OO Business Day. LOO PM TV Innovations. u K 1115 Seinfeld The Finale 3.00 CDIS. MT*\ 5.00 The Silver Brumby. (La st ep),
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    • 226 19 CRYPTIC CROSSWORD 1 Battleship inspiring fear and 7 Considerably increases lumps of ice (5) ——I 8 He's not forced to be a sol- by hand in three direc —H--12 Keep chattering in African I F* I country 13 Real bacon available from 16 Dispatch spring flower 22 Composer's oral test
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  • WIRED FOR BUSINESS
    • 881 20  -  A new generation of Asian Internet entrepreneurs will spur growth, says IDC analyst toh bam shzh reports TOH HAN SHIH THE Internet in the Asia-Pacific, especially China, will continue to boom despite the Asian crisis, International Data Corporation (IDC) senior Internet analyst Pete Hitchen told BT
      Source:  -  881 words
    • 519 20  -  The Kent Ridge Digital Labs sets np bridging nnit to pnsh new Web-based products By Raju Chellam [SINGAPORE] Kent Ridge Digital Labs (KRDL) has set up a "bridging unit" to help commercialise the new Web-based products and technologies that come out of KRDL's research
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    • BOOK marks
      • 74 20 TECHNOLOGY takes centrestage this month with the launch of Tech Month *98. The annual technology event now into its 12th year, alms to generate a higher awareness of technology among professionals, students and the public. Internet users can find out more about thi host
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      • 89 20 wnujs European executives find the Web useful for doing business, they are rather slow when it comes to embracing e-commerce, according to a new study by Andersen Consulting. The survey, which covers over 300 senior executives throughout Europe, finds that 63 per cent of the
        89 words
      • 85 20 THE number of small and medium enterprises (SMEs) using the Internet in the US continues to rise, according to recent figures from International Data Corp (www.idcresearch.oan). The study says 41.2 per cent of SMEs are online today, up sharply from 10.7 per cent in
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      • 55 20 mutukula nas launched its first TV set-top computer, called the Blackbird. The box provides a variety of mnltimtwltn fhntnrre tnrhwltnff Tntnnwrt nrreew sittl imufcw playback. The Blackbird also offers a platform for developers to launch products and services with 3D gaming, DVD-based games, and movies. Visit
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      • 58 20 YAHOO! has joined the growing auction services providers on the Web. Its own online auction site called Yahoo! Auctions replaces Onsale Exchange. The new site uses Onsale's back-end technology and taps Yahoo!'s huge user base. More than 2,000 auction categories such as computers, home appliances, and
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      • 80 20 RESEARCH firm IDC expects the number of Internet users In Asia-Pacific to grow to 44.7 million by 200tt, more than double the 20 million Net users currently. Users in Japan ars expected to account for 19.4 million (4B per cent) of the total
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      • 97 20  -  Francis Ang The Wall Strmt Journal s Internet edition is entering fee online travel business with a new section that offers reservation services from The Trip.com (www.tlwtrip.com). Known as Business Fare, die new service offers reviews of travel sites, daily news brief*, and discussion
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  • Page 20 Advertisements
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  • COMPANIES & MARKETS
    • 449 21 Almost $18m included In the group's accounts is under arbitration, says auditor [SINGAPORE] Ipco International Ltd, whose parent Promet is in dire straits, said a joint venture of the group is facing US$73 million (*****.5 million) in claims, while its auditor noted
      449 words
    • 324 21  -  From Meera Tharmaratnam in Kuala Lumpur HALIM Saad, executive chairman of Renong Bhd, has sold a 4.83 per cent stake in the debt-laden company to settle his personal debts with bankers, reducing his holding in the group to 16.6
      324 words
    • 167 21 Reuters [SINGAPORE] MMI Holdings Ltd, a component maker for hard disk drives, rose 6.5 cents, or 14.6 per cent, to close at 51 cents yesterday after the company said earnings more than doubled to $15.8 million from a year ago. The volume traded
      Reuters  -  167 words
    • 609 21  -  HOCK LOCK SIEW Lee Han Shih IN REPORTING its full-year results last week, the highlygeared First Capital Corporation said its interest cost for the 12 months ended June 30 was $14.4 million. But depending on how certain interest
      609 words
    • 306 21  -  Prom 1 Meera Tharmaratnam in Kuala Lumpur HICOM Holdings yesterday said its bondholders have not demanded that it pay up on 915 million Malaysian ringgit (*****.2 million) worth of bonds, and that it had secured some additional flexibility from bankers on a note issuance
      306 words
    • 216 21  -  Move follows Morgan Stanley, Dow Jones changes to indices By Siow Li Sen [SINGAPORE] The Singapore International Monetary Exchange (Simex) is currently reviewing market interest in the Malaysia stock index futures contract slated for an Oct 1 launch after Dow Jones
      216 words
    • 242 21 Regional markets weak; modest sales growth in HK [SINGAPORE] Clipsal Industries reported yesterday a 30 per cent fall in net earnings to $8.7 million for the half year ended June 30,1996. Turnover increased by 13.9 per cent to $106.3
      242 words
    • COMPANIES
      • 355 22 Firm's shares gain 7%; main rival says it will posh on with its NTs4oob plant construction plans Bloomberg [TAIPEI] United Microelectronics Corp (UMC) will delay a NTISOO billion (US$25 billion) project to construct six semiconductor plants because of slowing growth across Asia. One
        Bloomberg; Source: Bloomberg  -  355 words
      • 214 22  -  From'h Meera Tharmaratnam in Kuala Lumpur BANK Negara has privatised a portion of its currency-mak-ing operations, giving a subsidiary of Boustead Holdings a contract to mint coins for the central bank. Boustead said yesterday that Boustead Mint Sdn Bhd struck the deal
        214 words
      • 340 22 Bnt foreign stake to be limited to 49% in share sale plan Reuters [BANGKOK] Thailand's Siam Commercial Bank pic yesterday said it planned to sell large tranches of new shares to foreign investors but would limit the combined foreign shareholding to 49
        Reuters  -  340 words
      • 265 22 Bloomberg (TOKYO] Itochu Corp said yesterday that it sold almost half its stake in Time-Warn-er, Inc, the US media and entertainment giant, for US$42O million (*****.8 million). Osaka-based Itochu, the fifth biggest Japanese trading company based on market
        Bloomberg  -  265 words
      • 167 22 AFX-Asia [HONGKONG] Ming Pao Enterprise Corp Ltd has no immediate plans to cut salaries or lay off staff, said executive director Tiong Kiew Chiong. Mr Tiong was quoted by the Ming Pao Daily News as saying that the group
        AFX-Asia  -  167 words
      • COMPANY Briefs
        • 70 22 [SINGAPORE] Rotol Singapore's net profit for the first half of 1998 has fallen 19 per cent to $1.4 million as tougher market conditions and stiff competition in local overseas markets eroded its margins. Revenue fell 11 per cent to $11.2 million. The company said results
          70 words
        • 82 22 [SINGAPORE] Sesdaq-listed Samudera Shipping Line Ltd yesterday posted a 23.6 per cent rise in net profit to $7.19 million for the half year ended June 30. Turnover rose 21.5 per cent to $147.2 million during the period. Earnings per share rose from 1.38 cents to 1.71
          82 words
        • 74 22 [SINGAPORE] Kay Hian Holdings said KIP Inc. in which director and substantial shareholder Wee Ee Chao has an interest, bought 7.565 million Kay Hian shares at 40.5 cents and 44.75 cents yesterday. This brings KIP'S shareholding in Kay Hian to 10.182 million shares, or
          74 words
        • 79 22 [SINGAPORE] LI Xin Industries yesterday said its net profit plunged 76.2 per cent to $786,000 for the half year to June 30, due to sliding prices and a slowdown in the electronics industry. Turnover fell 16.7 pa* cent to $39.2 million. Earnings per share
          79 words
        • 119 22 [SINGAPORE] Lion Asiapac has returned to the black, with a net profit of $3.96 million for the year axled June 30. The company made a net loss of $4.7 million in the previous year. Turnover jumped 60.37 per cent to $187.6 million. Earnings per share
          119 words
        • 92 22 [SINGAPORE] Dovechem Terminals Hokiings yesterday posted a 12.1 per cent rise in net profit to $6.7 million for the year ended June 30. Turnover was 15.8 per cent higher at $62.9 million. Earnings per share were 7.4 cents, up from 6.8 cents, while net tangible
          92 words
        • 119 22 [SINGAPORE] Second Chance Enterprises yesterday posted a net loss of $790,000 for the year ended June 30. In 1997, the group posted a net profit of $3.7 million. Turnover eased 1.58 per cent to $42.4 million during the year. Loss per share was 0.01 of
          119 words
        • 66 22 [SINGAPORE] Freight Links Express Holdings yesterday said that DBS Finance has sold 123,000 of its shares at 15.39 cents each. The shares were owned by director and substantial shareholder David Urn Teck Hiang and held in the name of DBS Finance Nominees Pte Ltd.
          66 words
        • 120 22 [SINGAPORE] Twinwood Engineering has suffered a 95 per cent drop in net profit to $173,000 for the first half of 1998. Pre-tax profit fell 93 per cent to $262,000 while revenue declined 54 per cent to $5.8 million. The building equipment supplier said sales in
          120 words
        • 89 22 AFX-Asia [HONGKONG] Cheeroll Ltd, a shareholder of the collapsed Peregrine Investments Holdings, issuing its former chairman Philip Tose and three associates, Francis Leung Pak-to, Peter Wong Wing-cheong and Allan Mercer, for issuing misleading statements on the financial situation of the company, die Hongkong Standard reported. The
          AFX-Asia  -  89 words
        • 76 22 [SINGAPORE] United Pulp Paper's substantial shareholder Meileen Choo of Cathay Organisation has bought 76,000 shares, or a 0.066 per cent stake, in UPP through Equus Land Pte Ltd. She paid about 39 cents per share, increasing her stake to 20.513 per cent from an earlier
          76 words
        • 131 22 [SINGAPORE] ABR Holdings yesterday said it expects to improve on its operating performance following several strategic decisions and changes to existing operations, including a return to the core business of food and beverage operations at its Swensen's restaurant chain. In a statement to elaborate
          131 words
        • 74 22 [SINGAPORE] Hotel Properties said its associated company, HRC Holdings, will reduce its stake in Hard Rock Cafe Taipei to 55 per cent from 100 per cent. HRC has entered into a joint-venture agreement with Celestial Entertainment of Taiwan under which Celestial will pay
          74 words
    • REGIONAL COMPANIES
      • 399 23 It says business has never been tougher and can't rule oat farther bad news Reuters, Bloomberg [PERTH] Australian resources giant The Broken Hill Pty Co Ltd yesterday apologised to shareholders for its massive 1997/98 loss, but gave them scant hope of a short-term
        Reuters,; Bloomberg  -  399 words
      • 290 23 Bloomberg [TOKYO] Nomura Securities Co, Japan's biggest broker, said yesterday it will inject US$3BO million (*****.5 million) in capital into its USbased holding company, Nomura Holdings America. Capital Co of America, a San Francisco-based unit of Nomura Holdings, lost about US$2OO million on
        Bloomberg  -  290 words
      • 246 23 Bloomberg [HONGKONG] Aluminum Co of America (Alcoa), the world's biggest aluminium company, has offered to pay US$l.2 biUion (Ss2.l biUion) for China's second-biggest producer to expand on the country's mainland, a Chinese official said on Monday. Jiang Xiaoling, a director at Qinghai Aluminium Industry,
        Bloomberg  -  246 words
    • INTERNATIONAL COMPANIES
      • 499 24 Plunging chip prices, glnt also to blame; only Intel can expect some relief in sales Bloomberg [NEW YORK] US computer chipmakers such as Intel Corp will report lower thirdquarter earnings because of a slowdown in personal computer sales, plummeting
        Bloomberg  -  499 words
      • 282 24 Bloomberg [PALO ALTO, California] Hewlett-Packard Co's debt ratings may be cut by Standard Poor's because of concerns about profitability and growth at the No 3 computer maker. The ratings agency revised its outlook on the Palo Alto, California-based computer maker to
        Bloomberg  -  282 words
      • 333 24 Mm will expand GE's product range of medical equipment Bloomberg [MILWAUKEE] General Electric Co, the world's No 1 maker of magnetic resonance imaging (MRI) and CAT scan equipment, said it will buy Marquette Medical Systems Inc for about US$BOB million (Ssl.4 billion) in
        Bloomberg  -  333 words
      • 183 24 Bloomberg [BOCA RATON, Florida] WR Grace Co's proposed US$445 million (Ss77l million) purchase of Imperial Chemical Industries pic's Crosfield Group unit was delayed for a second time because a review into whether the acquisition will hurt competition is taking longer than expected.
        Bloomberg  -  183 words
      • 297 24 Mm part of Disney's bid for larger online reach Bloomberg [BURBANK, California] Walt -Disney Co, the world's No 2 entertainment company, unveiled the name of a new Internet hub called Go Network that it will introduce with Infoseek Corp later this year in a
        Bloomberg  -  297 words
    • FINANCE & COMMODITIES
      • 345 25 Unexpected deal brings to an end USsllb claim made after 1991 closure FT [LONDON] The US$ll billion (Ssl9 billion) claim made on behalf of the creditors of the Bank of Credit and Commerce International (BCCI) when it collapsed in 1991 was to be
        FT  -  345 words
      • 353 25 Reuters [TORONTO] Canada's Toron-to-Dominion Bank said on Monday it had purchased Manchester-based discount broker Gall Eke, with an eye to giving its global discount brokerage empire a greater presence in Britain. Canada's fifth-largest bank said the acquisition was relatively small, costing less than
        Reuters  -  353 words
      • 144 25 AFX-Asia [TOKYO] Sumitomo Life Insurance Co is buying a 10 per cent stake in the brokerage Taiheiyo Securities Co, a financially struggling former affiliate of the collapsed Yamaichi Securities Co. Taiheiyo said Japan's third largest life insurer will also take a majority stake in
        AFX-Asia  -  144 words
      • 393 25 Electronics giant hasn't decided on partner yet AFP, Reuters [TOKYO] Japanese electronics giant Sony Corp is studying entering the securities business, focusing on the retail sector, a company official said yesterday. "It is true that we are studying whether we can enter the
        AFP,; Reuters  -  393 words
      • 337 25 Bloomberg [NEW YORK] Lehman Brothers Holdings Inc's bonds are quoted with yields as high as some junk bonds amid speculation that the fourth-largest US securities firm will be hurt by additional losses from emerging markets and derivatives. Lehman's 10-year notes fell
        Bloomberg  -  337 words
      • 481 26  -  Currencies tightly linked to in commodity prices, says study From! Neil Behrmann inLondon COMMODITY-linked currencies have recovered from their battering over the past year, but they are likely to weaken in the months ahead. This is the view of London and New York
        481 words
      • 369 26 Greater control of joint ventures being taken by ÜBS Bloomberg [TOKYO] ÜBS AG, the world's second-largest bank, said yesterday that it was taking greater control of its joint ventures with partner Long-Term Credit Bank of Japan Ltd (LTCB), moving further away from
        Bloomberg  -  369 words
      • 213 26 Bloomberg [NEW YORK] The United States Federal Reserve Board will meet today on the proposed US$B5 billion (S*l47 billion) combination of Citicorp and Travelers Group Inc that would create the world's largest financial services company. The Fed, which announced the meeting in a brief routine
        Bloomberg  -  213 words
      • 233 26 Sim rift Report Reuters [SINGAPORE) Simex Euroyen futures firmed yesterday amid talks the Bank of Japan (BOJ) would soon unveil new plans to ease tightening liquidity during the mid-finan-cial year book closing period. Dealers said for this reason the market was keeping an eye
        Reuters  -  233 words
      • 197 26  -  MSCI TAIWAN FUTURES Ms Cecilia Loh, service dealer, Refco Singapore THE Simex MSCI Taiwan Stock Index futures rallied 3.10 points yesterday, responding to a slight gain of 4.59 points in the stock index. Compal Electronics Inc, a major computer system manufacturer in Taiwan, paced
        197 words
      • 233 26 ENERGY REPORT Bloomberg, Reuters [NEW YORK] Crude oil was little changed in early trade here yesterday as traders wait to see if Hurricane Georges, which did little damage to Caribbean refineries, heads towards production and refining facilities in the Gulf of Mexico. Georges blew past
        Bloomberg,; Reuters  -  233 words
      • 283 26 Bridge News AFP SYMPATHY for US President Bill Clinton in the wake of his televised testimony and scepticism over Japanese banking reforms aided the US dollar against the Deutsche mark and yen for most of the European session. But gains in both pairs disintegrated as confusion reigned after
        Bridge News; AFP  -  283 words
      • Article, Illustration
        1170 26 nrTBRBAMK CROSS RATES sep22 m W «> W9 1«7» MM 1985 4508 2473(642* 1786 1142 2211 t171 ***** 2SJB 1MB 1560 OJH 2M» 218* 0J47 1582 l H5 1430 0JM 17M tWI 27JH ***** 1884 9.156 2.486 *****5.400 29.031 U34 4.004 19B***** ***** 1390 M54I. 0J07 0.184 0.104 OJM 0.204
        1,170 words
    • 1683 27 *****1 FUTURES Sep 2 RUBBER (futures dosing m at 5.30pm) ISS1 cMtsftg) Close Votorn Open Month Hlgfc Law S*tt (towws) Interest Oct 98 120.00 TIB.75 119.75 275 1000 Nov 98 ***** 1450 Oec98 122.25 1470 Jan/Mar 99 ***** 1950 Apr/Jw 99 129.00 1950 Jul/Sep 99 133.50 150 RSS
      1,683 words
    • 1589 27 Bloomberg nNikkei 225 ♦lttSl STOCKS rebounded from a 12-year low on expectations Prime Minister Keizo Obuchi will be pressured to promise more measures to lift the economy when he meets US President Bill Clinton later in the day. Honda Motor Co and drugmakers Sankyo Co and Yamanouchi Pharmaceutical Co
      Bloomberg  -  1,589 words
    • 2216 27 LOWIMm Industrials **12 PMC. 3i Group 495.000 7.000 AS Port» 252.400 4.400 Abbey National 1114.000 H.000 Allied Domecq 409.000 15.000 Amec 146.000 -3.000 Asda Group 171.000 5.400 BAT tad 464.000 19.400 BG Pie 373.600 -3.000 BICC 70.000 -1.000 BOC Group 763.000 7.000 BR Petroleum 851.000 39.000 BTR
      2,216 words
    • Article, Illustration
      1435 28 Reuters AFP EJ Hang Seng +***** STOCKS shrugged off three straight days of declines to finish higher yesterday on a technical rebound triggered by firmer US and Tokyo stocks, brokers said. The Hang Seng Index ended 203.28 points higher at 7,373.51. "The rally on Hongkong stocks is mainly due
      Reuters; AFP  -  1,435 words
    • Article, Illustration
      611 28 Reuters (3 Shenzhen B Index +QJ7 SHENZHEN'S hard currency B shares ended firmer in light trade yesterday, aided by a rebound on the Hongkong bourse, analysts said. The B Index rose 0.97 of a point to 63.81 on turnover of HK$7.l million. "Today, B shares followed Hongkong and rose
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  611 words
    • 355 28 AFP 13 WP Index Hj| TAIWAN share prices closed up a barely perceptible 0.1 per cent yesterday, ending in positive territory thanks to a small overnight gain on Wall Street, dealers said. The Weighted Price Index rose 4.59 points to 7,033.99, following a 1.7 per cent drop in the
      AFP  -  355 words
    • 263 28 AFP n Wellington -&8 NEW Zealand stocks fell 0.5 per cent yesterday to a fiveyear low on turnover worth NZ$54 million. The NZSE-40 Index lost 8.8 points to 1,710.39 with Telecom Corp up five cents to NZ57.32. Brierley Investments Ltd shed five cents to finish on its lows at
      AFP  -  263 words
    • Article, Illustration
      758 28 AFP FlSgr Index +L 26 THAI shares closed 0.6 per cent higher for the fifth straight rise yesterday on bargain hunting in selected banks and heavily weighted stocks, dealers said. Analysts said speculators held sway, buying oversold issues but avoiding any long-term positions. "Short-term speculation still dominated the market,
      AFP  -  758 words
    • 413 28 AFP nCwnposite latex -4M SOUTH Korean shares fell 1.6 per cent yesterday on continued foreign selling of Samsung Electronics amid concerns the Samsung Group may acquire ailing Kia Motors, dealers said. The Korea Stock Exchange Index closed down 4.84 points at 292.61, off a low of 292.58. The benchmark
      AFP  -  413 words
    • 591 28 AFP F1 An Primaries +12j5 AUSTRALIAN share prices climbed 0.5 per cent yesterday, helped lay stronger performances on the Japanese and Hongkong bourses and the local futures market. The All Ordinaries Index gained 12.5 points to 2,534.4. The All Industrials Index gained 26.8 points to 4,455 and the All
      AFP  -  591 words
    • Article, Illustration
      716 28 AFP Fl Composite Index +406 INDONESIAN shares yesterday closed 1.6 per cent higher on a technical rebound in selective big cap shares led by cigarette maker Gudang Garam following a sharp fall the previous day, dealers said. "I would say there is no reason at all for the broad
      AFP  -  716 words
    • 302 28 AFP CI Manila -4096 SHARES tumbled 3.5 per cent yesterday due to a fall in the share price of Philippine Long Distance Telephone Co and the imminent closure of Philippine Airlines. The Composite Index fell 40.96 points to close at 1,123.30 points. Turnover rose to 287 million shares worth
      AFP  -  302 words
    • KUALA LUMPUR STOCK MARKET
      • 365 29 AFP Q Composite Index +7J3 MALAYSIAN stock prices ended 1.9 per cent higher yesterday as an air of calm returned to the capital after clashes between police and supporters of detained former deputy premier Anwar Ibrahim. The Composite Index closed 7.13 points
        AFP  -  365 words
      • 7486 29 —mumi v. 7 x., Cmmmt predicts M Last Vol Bn N«t Cm UN* L— Ci—aay im -000 MNIi Lmm P/l urn 3X) 170 A|iftomo«o 209 11.5 84.7 MS 35 Angkasa 61 1 26 62 56 1.4 89.9 290 123 Apotfo Food Htg 174 (.1 69.6 388 108 Ber}ayaLand is5 -13
        7,486 words
    • WARRANTS & OPTIONS
      • 2480 30 BONK, UMNS ft VAMMNTS l*M Last VI Day Last Ouot# Av« High Law StiM Company Sat* ♦or- COOO) High Lav Buyar Saltar Prt<« 20.5 3 3160 A Acor ******1 US$ 4 5.5 95 5 3164 Acma ******4 7.5 unch 75 7.5 7.5 7 7.5 8 3161 AIITach ******7 28.5 25.5
        2,480 words
      • 211 30  -  WARRANT WATCH By R Sivanithy UNLIKE the local market, the covered warrant business Is really burgeoning in Australia, where new issuers are emerging every few months. Banque Nationale de Paris and Barclays Bank are believed to be the latest to capitalise on a virtual
        211 words
      • 215 30 NONMOM tlWO Wi* Of Or Laat Vat Day Latt Ouota Ok Ok W m |ica Hm> Law Stfte Cnwy COOP) Law twyar Sa—r Or H P/t p 250 5123 COL (2000) HK 400 I MS &0 2.0 20.5 7744.7 5124 Cathay Pae 20c HK—720 265.0 2.1 7.4 6.0
        215 words
    • 6261 31 Transaction date Sep 22 Cr Or M Wt 1998 Last Vol Day Lot Ouott ON tXv Ytd Net Cm Avg Htqh Low StHo Company Sal* COOP) High Loo Buyer Se8er *_Cw P/I SmM Price MULTHMBUSTRY 142 49.5 m t 1QOO AcmaSOc S&S *0.5 45
      6,261 words
    • 1267 31 1996 Last V* Day Last Oaata CMv Mv YM Hat Caa A^g HM» Laar StNo Company Sata <'000) Hjgfc Law Boyac Sadar Car P/I $an> Prlca WMFM1MMW 243 30 a 2049 •ASAutalOc 69 id »4 1093 70.3 66.5 M S 69 IS3N 7.0 2J! 6.5 7U 64 82 48
      1,267 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        302 32 mdn vsimw SingTel 15c 18.529,000 Kay Him 10c 7.810,000 ERes WtOI 7,617,000 Keppe4 LandSOc 6,951.000 MM HMgs 10c 5,281,000 EResrceslOc 4,824,000 Keppet Corp 4,127,000 Omni IndlOc 3,871,000 0(JB Foreign 3,753,000 OeSUnd 3,694,000 Stadn SingTel 15c 50,761,552 0U8 Foreign 8,911,750 KeppeiCorp 7,526,210 DBS Foreign 6,146,177 SIA Foreign 6,015,569 VentureMfg25c 5,906,723 Keppei
        302 words
      • 658 32  -  STOCK KABIBT COMMENTARY Trading firm bnt quiet as STI stages modest recovery amid stable day for Hongkong and Japan By R Sivanithy [SINGAPORE] After the volatility of last week and the steep slide on Monday, traders in the local stock market encountered
        658 words
      • ON THE GRAPEVINE
        • 121 32 THE head of California's major trade and commerce agency, Lee Grissom, is understandably proud of the unique Callfornian identity, one feature of which seems to be an ability to laugh at themselves, He told BT in an interview: "I remember meeting with the CEO of Hallmark Cards in
          121 words
        • 130 32 HERE'S some food for thought from California, America's entertainment capital. Folks in show business are on to a good thing in the coming millennium, according to Variety, a leading industry magazine. By 2007, American consumers and advertisers are expected to spend US$793 billion <551.37 trillion)
          130 words
        • 72 32 BANKERS like to say they are pretty selective as to who they lend to, especially in the present environment when credit risk comes into sharp focus. One loan officer, for example, insisted that her bank was pretty selective in dishing out housing loans and was only
          72 words
        • 102 32 FOR once, word of an impending staff departure at a financial firm did not come from the rumour mill but dropped from the mailbox. A letter from Peter Douglas, Asia, informed us that he wasteavtn«at the end of September but left outtbereraon director of Aberdeen, supply a
          102 words
      • Article, Illustration
        58 32  -  -by Shiv Taneja DATAPULSE TECHNOLOGY closed four cents higher yesterday at 46 cents on a volume of 3.28 million shares, compareed with its 10-day traded average of 1.46 million shares. In the near term, trading is expected to be volatile. Longer term, however, the outlook is more positive,
        58 words
  • Page 21 Advertisements
    • 179 21 Otprty tyts India for pawr pnojirti It wants to complement its core energy transport operations. Full report, Shipping Thm, Pg 1 A FUTURISTIC INTERPRETATION OF A lEGENO IN MODEM DESIGN. SftmtMws Museum Pete y ongewffidlebnst,'' number one in the world for the past five years, and Museuni AAodvfW Kunst winner
      179 words

  • Page 22 Advertisements
    • 900 22 |jj HWA HONG CORPORATION LIMITED (Incorporated in the Republic of Singapore) HALF YEAR FINANCIAL STATEMENT AND ANNOUNCEMENT Half-year financial statement on consolidated reeutts for the six months ended 30 June 1996. These figures have not been audited. Qrouo Comoanv Half ror to X June Hatfywr to 30 June 1998 1997
      900 words
    • 30 22 Things to do, places to go, bargains to buy look out for great offers for you 1 and your family in ||t f Family Sunday, Sunday Classified. i Jk I
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  • Page 23 Advertisements
    • 1286 23 IDCO If CO INTERNA! IONAIITD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the 6th Annual General Meeting of the Company wil be held at the registered office of the Company, IPCO Building. 24 Panda/i Road, Singapore *****5 on Thursday, 8 October
      1,286 words
    • 601 23 Seminar on Financial Derivatives Accounting, Tax, Regulations and Control Issues As financial derivatives continue to become more common in Singapore, the number of issues with respect to these products continue to increase. Losses resulting from financial derivatives transactions regularly shock both the financial markets and regulators. The seminar will largely
      601 words

  • Page 24 Advertisements
    • 298 24 NEW ALTERNATIVE DESKTOP i •v&M Hitachi LCD Desktop 310 Series. The All-in-One, Ultra-Slim 190 mm Marvel! Introducing the immensely popular All-In-One LCD Desktop you'll be saving... What's more, Hitachi's very own Super TFT marvel from Hitachi. It s not just an all- technology sets new standards in breathtaking picture clarity
      298 words

  • Page 25 Advertisements
    • 284 25 THE DESKTOP ALTERNATIVE j||j^ COMDEX Asia'9B J Hitachi Notebook 270 Series. Everything you want of a Notebook plus all the features of a desktop PC! Introducing the highly-acclaimed Hitachi Notebook that functions Of course, there are other solid reasons to buy a Hitachi like a desktop PC. Not forgetting of
      284 words

  • Page 26 Advertisements
    • 154 26 Business Travel the Third Largest Cost Contributor to Asia's Companies MASTER. The disctpWn© of Travel and Entertainment management I 111 wrth strategies and ideas from key industry experts at the inaugural I I Hy Corporate Travel World Asia Pacific conference. Ada-PariTO* ii' GommflS?ESrtw, SeoffSS? Er- sasssr asssra, alc »t«vwi **ww
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    • 7 26 The Straits Times Classified Where CAT 1
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  • Page 31 Advertisements
    • 61 31 Citibank Margin Trading Account Trade up to 2.5 times your share value I or withdraw CASH on it. I Call 339-7126 now. THE C ITI NEVER SLEEPS H!.1II. It c x .It I h (II 111 II .1 X 2<ISOII li .1 1(1 II .1 il 2 1 111 1(1
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  • Page 32 Advertisements
    • 365 32 BUSINESS X()t/CCS To aduTtist' call toll-trie 1800-741 ISS3 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF FRONTLINE SINGAPORE PTE LTD ON LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of the Company signed by the Representative of Ktoiding Company relating to Proceedings
      365 words
    • 359 32 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ASICS SINGAPORE PTE LTD (IN LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting signed by the Representative of Holding Company relating to Proceedings of Subsidiary Company pursuant to Section 179(6) of the Companies Act,
      359 words
    • 582 32 I PRESIDENT PARK (SINGAPORE) PTE LTD I (In Liquidation) H VENUE 1: Paulaner Brahaus, 501 Orchard Road #02-19. Wheelock Place I VENUE 2: Paulaner Brahaus. #01-01 Millenia Walk Excellent range of theme restaurant furniture equipment including I microbrewery, coldrooms chillers, freezers, icemakers, cooker ranges. H utensils, glassware, cutlery, crockery, stocks
      582 words
    • 164 32 IN THE MATTER OF ""n THE COMPANIES ACT, CAP 50 HAJ JING SINGAPORE PTE LTD (In Memben Voluntary Liquidation) NOTICE OF FMAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant to Section 306 of toe Companies Act, Cap 50 thai the final meeting of members of the abovenamed company wi be
      164 words
    • 478 32 IN THE MATTER Or THE COMPANIES ACT. CAP. 58 Aad GOLDMAS CRANES It EQUIPMENTS PTE LTD (In Members' Voluntary Liquidation) Al an Extraordinary General Meeting of (he above named company duly convened and held at 50 Jalan Sultan *21-04 Jalan Sultan Centre Singapore *****4 on 15th day of September 1998
      478 words
    • 79 32 and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout ceremony. It's another chance
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    • 42 32 BUY it SELL;; FIN Dit Classified ads are purr... feet for finding lost little kittens. No matter what it is, you can always buy it, sell it or find it with the Classified. J 11 ill 1800-737-1164 (•II U4*r f*' I»l«hi Umiin.
      42 words

  • SHIPPING TIMES
    • 144 33 Bridge News, Reuters A SUDDEN jump in rates for Panamax trading in the east remained a key talking point, brokers said. There has been increased inquiry for Atlantic traders and evidence of some firmer rates. As charterers rushed to cover their cargoes in the Persian Gulf, the rate
      Bridge News,; Reuters  -  144 words
    • 124 33 a lis 's *<25 M JiyitHKhH 042 *0009 19 sasnz.'s 2% Mpimi UO *OJ33 179 OJW ?S?yM_ jS?S *32S *27 1 STscr«nt«n to* Sot*M4LM 0445 *003 97 UmtmnmCmw _244 -003 nil c»l« -HK OJ4 -OCT 104 tmilllllW»—OM0 «OOI 990 m» w gBW,Ci Rliuin ~15 *ooz I Macrwf.—Zam OS
      124 words
    • 622 33  -  Firm wants to complement its cere energy transport operations By. Felix Chan [SINGAPORE] After a brief bout of uncertainty caused by its links with Indonesia, it's business as usual at Osprey Maritime. The company is looking to expand into energy-related projects and storage
      FILE PHOTO  -  622 words
    • 342 33 Reuters [LONDON] The world ship orderbook has recovered slightly in the last three months partly due to a boom in tanker ordering, UK ship classification society Lloyd's Register said. The world ship orderbook increased to 55.6 million gross tonnage (gt) at the end of
      Reuters  -  342 words
    • 246 33 Bernama [KUALA LUMPUR] The Malaysian government will look into new strategies in its efforts to intensify the use of Port Klang as a national and regional hub for importers and exporters. Transport Minister Ling Liong Sik said yesterday that
      Bernama  -  246 words
    • 542 34 Reuters [KUWAIT] State-owned Kuwait Oil Tanker Co (KOTC), which is being considered for partial privatisation, said it plans a phased purchase of five new product carriers starting from 1999. "We will use our own means to finance the new tankers, like
      Reuters  -  542 words
    • 774 34  -  STRAIT TALE By\ Seafarer THERE is little doubt that the shipping industry has been at the receiving end of a lot of regulation over the past few years. Joseph Kwok, group chief operating officer of Neptune Orient Lines (NOL), told the recent
      774 words
    • 277 34 PAOC ESPUms M tela oa u UMopiw 12 AM. 3 6 Accord ExpmiTL U AhrenfcM 12 F<r*Mt 12 AM»mt»p 5 Astro 3 FraU '3 Austral 8 FrtLMu M A«*nt M 6 rtanlta <*n«rtr«« I BSA 7 Cw, "M jtl M Worylta* M Bwiladesh 13 H*SuftHup lyMucwi w
      277 words
    • 13940 41 THEBUSINESSTIMES thebusinesstimes EXPORT CTA tTA A*artt*ar VmH V«v«9* TiUphani I [JA CTA AdvartW Vaasal Voyaga •fnhniii sin ||i| »jww. m t) |N fltTiuiiJuauawii-11 I BWBBIIBWWBMHBWWBBMW To ABIDJAN (ABJ) 2003 Cot* D'I voir* To CALCUTTA (CCU) 2062 India 2S/W */B MOL AM0CS CHALLENGER M07A aZZOOWi I 2V0t NAM BTL
      13,940 words
    • SHIPS IN PORT
      • 788 47 Vtmt j V«y Mo Nrtfc Anrhii IhpvXwn J— piii ham Mm* *001 J07 Imptm 22M/BM torn, 1 2/M J* 22.0V2300 MM Mop. I JB MpM 24M/OMO MFskana 3SEP* J01 llnpm 22.0V2300 Mtika I M2t* JOI UlinKl IXOt/OtOO m Pm Tftar2 SEF22 JM Mil Ml 23.09A2M «S*»at1 0923* JOI
        788 words
      • 1693 47 RECEIYWC Of EXPORT Fa CONTAINERS AND LCL CARGO BooMnt/Batanc* tstts SWp VoyHo Etl/Btr Ported Frow To Frw Aa CtMW *02 24/12M U 22/8M 22/MM Wmo .\"SX 22/MM ojmo U 22/1700 2VMM 2 VOW 21 22/1700 2VMM ."VOW 1 2VT700 22/OM a-toc 4 23/1200 2VMM 21/1700 Ami Mm ROM
        1,693 words
      • 189 47 Sap 23 Japan: Autumnal Equinox Day. »VM South Africa: Heritage Day. ftVll Hong Kong: Chung Yeung Festival Taiwan: Teacher's Day. Oat 1 China: National Day. Hong Kong: National Day. OetS China: National Day Holiday. Hong Kong: National Day Holiday. OotS Germany: Day of German Unity. South Korea: National
        189 words
      • 507 47 THB opart. compiled fc* Cackett Marine 0(1 LM, •how* price ran** In US dollar* UMad of tingle pi has far s mots ooapvlMHhs description of tns Prtoss ahowa srt bossd on svsract-sfesd slsni Mark* movamenta an Indicated Tta Cocked ta kar Price Intel chance and the
        507 words
      • 431 47 52JZ »—*T mm OmMm Art Al—M— NiMoME2S 1 4 12 3 3 T «M/M *0 Am NU 0J T5.8 0.07 0J3] MOM* 9919 0.9 1M on 54 OA M/*r» »«A %Mi »w/M WM —t No Mom C35 M 0 N 0 0 V fS0/a,McU s J*®
        431 words
    • AIR & LAND TRANSPORT NEWS
      • 463 48 Oneworld deal puts pressure on the 2 European airlines to find partners Financial Times I Times [LONDON] British Airways and American Airlines on Monday announced the formation of their five-airline global alliance, prompting speculation that the move would force Europe's two remaining
        Financial Times; I Times; REUTERS  -  463 words
      • 45 48 [LONDON] A Ford Fiesta in production on the assembly line at the Ford Motor Company's production line in Dagenham, east London. The company has announced that the plant—its biggest UK factory—would work a four-day week from October AFP
        AFP  -  45 words
      • 103 48 AFP [BANGKOK] Thai Airways International (THAI) has cancelled flights to and from the Cambodian capital due to a radar system failure at the airport, airline officials said het-e yesterday. "We have to cancel the flights because (the) airport radar system was down, and
        AFP  -  103 words
      • 246 48 Reuters [SEOUL] Korean Air Co Ltd (KAL) said it expected its cargo operation to make a profit in 1996 but that the carrier's cargo revenues would decrease by up to 13 per cent compared with 1997. Ji Young Lee, KAL vicepresident of cargo
        Reuters  -  246 words
      • 289 48 Bloomberg [CARACAS] Continental Airlines Inc, the fifth-largest passenger airline in the US, signed a marketing agreement with Venezuela's Aserca Airlines, its latest alliance with a Latin carrier as it strives to challenge rival American Airlines in the region. Separately, Aserca also said it
        Bloomberg  -  289 words
      • 182 48 Bloomberg [ST PAUL. Minnesota] Northwest Airlines Corp, the fourth-largest US airline, said on Monday it resumed all flights as scheduled following a two-week strike this month by its pilots union. The St Paul, Minnesotabased airline said its 1,700 daily flights were restarted by 8 am,
        Bloomberg; AFP  -  182 words
      • LOG Book
        • 79 48 AFX-Asia [HONGKONGIChina Southern Airlines Co Ltd compla secretary Li Yongzhensaki yesterday the oompany is studying the feasibility of joining international airline alliance. Mr Li was quoted by the Hongkong Economic Journal as saying that some international airlines have approached China Southern Airlines for possible participation in
          AFX-Asia  -  79 words
        • 37 48 Reuters statement issued onMandaj? also includes options for another 10 Airbus aircraft, was announced in October. The European aircraft Kp? >. < Aerospace, Dssa of Germany and Case of Spain. Reuters W&"
          Reuters  -  37 words
      • 1342 48 on FUHff CTA njoff cm U4sm M2S uor un MMM S02N IM SUMS M2S ****** 29) «■>■«■ K«n 07H ana 2300 1,05 aw $024 2320 MHM WW 1700 SHW WS S0327 0755 —<MWC CZ» 2MB C082 QMS "W IM VW741 OlO VH742 0905 MM N242M 2050
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  • Page 33 Advertisements
    • 21 33 Kuwait Tanker Co to boy five new product carriers State is also thinking of partly privatising its shipping arm. Ptft a
      21 words
    • 6 33 ♦Sbiit Mi eetamn, *e pegß 1
      6 words
    • 115 33 New grmip leaves Swissair, Air France unattached Oneworld deal puts pressure on the 2 European airlines to find partners. Back Pa^a THE PORT OF SINGAPORE, SHANGHAI, MONTREAL AND RIO And 800 other ports regularly served by ships sailing from Hamburg. If you want to carry on serving <v£-~^^KB your customers
      115 words

  • Page 34 Advertisements
    • 907 34 lIS isr 2m ~5/5~ w2~ "SS" ISTTEE" 2™ ~SJT~ I I** ""J?" w Zv! K I onS m hS m/M mm «K? SI? 5/n m/n 2/1! H n/m M/ 1' *V» Imm wan ii/n n/N m/ii m/ii n/ii it/n 11/11 n/h mam urn m/n ii/h m/ii oyn w/11 n/ii b/ii
      907 words
    • 239 34 DIRECT SERVICE To CHINA £ffs EAS Shipping Turn to page 13 Hwnhot •1« Ka-W—g, K-Uj lAcapfciQ PCL to jKK/NAHA/g^^ HM aß HT H? g.l w *L™ ftW IMF JUL ftWff.W W.W mlm ILT JMMUHBL-JSBZ ILlt «ut SS-5'5 811 MiL ttILILM im U.W H.M nit H» 10 M" 11 ttW tiW
      239 words
    • 132 34 Unwftwndow I|M* lea Im. MkA -1 WW I UWS 01 rw W £09 s^"l£Ss~~' anomwHpinß '■lp. 1 1 CONMiEitamiVENTIONAL CARGO FROM PORT 4 JAKARTA fcti ETAPKL FIX SIN ETA MALE PHkmbLO, VMM WM 1M» KM VMM w» ivi« tint uur MARINE SERVICES SINGAPORE Phase M 4 7MIAMMM HxtUim SCANCHART AGENCIES
      132 words

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    • 961 35 TO EUROPf —IROM EUROPE Iwsmi im|m«xiiiximxm¥«9HT un ||»bmi wrlw wi«■»in m sw HTBMKM 11SW M/M 17/19 14/19 IS/M 11/19 Ml SM M/M M/M M/M 11/ M M/M *oinun I9M m/m 11/19 11/19 u/u 17/14 hthh six m/m m/m m/mm/mm/m MT MM JIM M/M IS/19 17/19 M/ 19 14/ M MM
      961 words
    • 1154 35 6?) HANJIN SHIPPING KMUN SMPfM (S) Pit lit k*://mm. baft cm HOOK: MM SMB: 52M224- 2B MXMHt 8M271-274 OreuiMK 12*0241 252 MM IK: SMI M:222Wtf (800 HSMfMOM «*s7w -HnfiiTw |«A|im|DB.|m|<n|«s>|m| W T l wi Iwtliw frfNI00MM« M/W 17/W MKT IS/W 10/10 17/1# M/ 10 11/11 11/1# H/M M/ 10 M/
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    • 176 35 H SHREYAS SHIPPING LIMTTED, MUMBAI PREMIER FEEDER SERVICE/SINGAPORE/MUMBAI/PORT KLANG/SINGAPORE NUPTSC 291 28/09 10/10 18/10 InUTO 1 290 1 16/09 1 27/09 I ***** 3NAKTQBA 233 03/10 tO/10~ 21/10 SUA* TQBA 232 23/09 02/10 03/10 XytESS NW.GMI 169 05/10 14/10 24/10 XFttSSNCM 168 24/09 03/10 *H*H 23 09/10 18/10" 29/10 KH*H
      176 words

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    • 937 36 DSR-SEHATOR UNES TO UK/CONTINENT TOKIDBEA/MEPIITOIIAhgANCANADA «wa I w ifn mn m mm m m ium. Ivcrr Im |jm |ar at m m w WMIMUi I MMIMa UN IT W W W.K till I— MMIM IVMM I M.M I ■.Ml 11.W Utt 1111 IT.« M.II pmummmtor Immlim h.h taw tin tin
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    • 579 36 rSg&gj&gSrr KAONSIUNC SURABAYA I MV "KOTA BiRANI" V.8RN079 MV "BHATKA BHUM" V.173S ETA SIN 26/09/98 ETA SIN: 26/09/98 HAIPHONG VANCOUVER 00/TRT/MTR j MV "VAN XUAN" V.E5218 MV "HANJIN KOftE" V.074€ ETA SIN: 26/09/98 ETA SIN: 27/09/98 HON6KON6/PUSAN HAM/RTM/FXT MV "BUNGA RATA SART V.02EM36 MV "HANJIN DALIAN" V.020W ETA SIN: 26/09/98
      579 words
    • 296 36 UNI W J im> MM4M nil IMIIH *ar e^* OMM«MVm/«fl/WaMW CMUHM VIS/W 2S/M 27/n smsmr tm/mv/mm/H smmwm mm v/m w/w awmwi/mi/WM/w cmmmjm vi«/n m/n«/w SaMSMK n/NN/NM/N «nm VW/M M/W M/H K.*MA6AIU r KUOWNQ 1 w» wan van m n m fnm m van n MMIMOK VZ7I/M S7/N M/M i BMH
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    • 1311 37 vctoml vov w wu wo pin pqb dub «hj ia IRAN MATIN PJL 1308 10/09 27/00 28/00 28/00 20/00 IRAN VAHDAT PJL 1317 08/10 18/10 PQg. Mim oatoot. OUB > Octal, SHJ Starfak, BA Bandar AMat, BIK Batte hua IHinmilnl ACCEPTING CONTAINERSREAK-BULK SHIPMENTS TO MLANO POINTS M IRAN CIS COUNTRIES
      1,311 words
    • 1707 37 DIRECT TO ISRAEL 1 IN 13 BAYS I g-:sgHIII mSmlmi I" SIHGAfORE'S GEMERAI AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****0* OUTWARD (l/L) COSTAR SHIPPING PTE LTD #i7-MMSUK saies/HGS 4205*41/0 MWAID DEFT (®/0) *****15 COSTAR AGENCIES (M) SMI BNO J WO: 117*7******0 TOWM TWO (06**0*1 CONVEMTKttAI *****50/55 T/SHWIT DOT
      1,707 words
    • 597 37 S3Q r 1 SPKIAUZI m KOKO L HEAVY UfT UPTO 122 TOWS ECI (SHHWOtE) FT! UD LOADING FOR JAKARTA MANILA MV "ORIENT ULY" V.30 MV TERESA PRESTKM" V.19 ETA SN 27/09/98 ETA JKT 01/10/98 ETA SN 27/09/98 ETA MNI 02/10/98 PORT KLANO/COLOMBO/CHITTAGONG JAKARTA/YOKOHAMA MV "KEISHUN" V.79 MV -0- AKIOf moon-
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  • Page 38 Advertisements
    • 1248 38 I S6P ROM ANW HM THP ZEE LHV LHV THP RDM ANW HI6 PKL UP ■E. DAINTY RW-M7 27*1 11/11 20/10 17/11 18/18 20/10 21/11 E. RI6HT RE-OS 27M 20*1 21*0 31/ OS 01*0 24*9 »N I. DYNAMIC RW-M1 Mil 23/19 29/10 24/1* 29/19 27/11 20/10 E. REWARD RE-S3! (MR
      1,248 words
    • 684 38 PACIFIC INTERNATIONAL UNES (PTE) LTD 1 I 140 Cecil Street *03*00 PIL Buikflng, Singapore *****0. I I CR NO: **********0E I I IMA AUSTtAUA 343 ?4/< I 77/* I 7/10 IS/lo ?^oh^ni I m\i gg Ufr L/ 14 u/i4 r HZB 3ft* Bft' &tH buwaihuumim i/i#IJ/H I uTii uTii- n/io
      684 words
    • 451 38 NANTAI LINE FUUY CONUMBISED SOVKETO MAUtmilS SOUTH AfKICA vesa |miai|M|wi|ii|gtiKi mmtoiwb wis B/lt M/W W/ll )jlO u/io coma Wacom tun »/w n/io 12/10 15/11 mo immagau vm oioo is/it iyio 22/10 23/11 yi> mUIfWKBS 10MS IVIO 27/10 30/11 31/10 ■MTOIOHBI 1030S 19/10 a/18 Ql/ll H/11 05/11 H/ll ■MHIIOX6OI HOWS 27/10
      451 words

  • Page 39 Advertisements
    • 390 39 M MYANMA \HBk FIVE STAR UNE \T (MyiMMf Um) w for Ym«m (laafMi) rosa VOT SM na NN NM ■MUra MW IS/M MALAYSIA AUNTS: MWSTIAD SMPPMG AGBKKS ML IA H3) Ml TIM HL TB (*S) 17*4101 ret ra (M) mi 2402 pcti: m ton *****21/4 BANK LINE (A nrrta W
      390 words
    • 965 39 HMMO HYUNDAI MERCHANT MARINE CO., LTD. NTOMM AM JJ/M iS« mS iRI SP S4M offe M/lo MUMM 000W B/Of 15/10 17/14 12/10 14/10 HY DUB ll* 02/0* M/W OJ/W 05/W 2/W MOuSZmwn o!m li/io 10/10 11/11 w/n 2?5U-«. 52 IM2 -W -S® MM MUZOOrn OIOM H/IO If/10 M/ 10 n/M
      965 words
    • 680 39 Wilhelmsen Unes TO NORTH AND LATIN AMIRKA "RORO HEAVYUFT SIRVKE" VKSa VQY RAMP HBSHT SIN lAI OH INA I SAV I m IQM wr ««m ISf!? E 21! TSS i *7* ~H7ir« T 7n--WTrii7n-WTrSI7TrTi7TrWTTU7Tr TBAS FO2O 400 1m UM 12/10 00/11 11/11 11/11 23/11 25/11 20/11 27/11 02/12 OS/12 l!=
      680 words

  • Page 40 Advertisements
    • 693 40 LaMOKOM>*»TA WWT<UMMOW*»*HaI I J>KAIIT*/PAHJAMa VOY SIM BKK MTP LCH VESSEL VOY W Jff PUN 8»tO OCEAN OCHIIS HFI 26/06 THAMA BHUM 30W In Pt 20/06 nanta imr* 4hn m pi 26/oq 27/00 ourubhum tm in pt 27/00 bani bhum ii<n n/06 27/00 oububhum ww 24/oo zr/n MATHUBHUM 362N 26/00 3<VO»
      693 words
    • 486 40 1 coscol COeCORJU.COIfTmMWBmw*I«XfIFCU EXPORT TO: CHMA/HONQ KONQ £sr*MSnrMDrriMuuaAN AugjgLu MeXT RA,<AN UWWHT/WAST coast mWUN OULMUWACH Mmm ratar abow monttonod Mrvtcoa to CMna Oomw SNpping Co. Advwtleement in Pag* 5. fiHtiftmiA nm tm»«TA»««wcg w» Wf P« m SM MB AM' MO b* ivw ivw \im n/m wo v/w OKiK anw »n
      486 words
    • 779 40 VHgDgPOMOW~ YPW m £!o tvw !SS SS —^S~| WUIMMBM VMM MW WW WW WHO MTtO mftO WHO WW I wmoiiMwi tmm wh> *v<o mtio 01/11 oyii ovti mil ovu I imiPiTMMUi IMm aano~ mtm mtii mtii <mii ivti ivti iyiT" I **i *o ACOMPnwe c*woo TO all uk. MenwTiOH ■CAWDtowow
      779 words
    • 19 40 CONVENTIONAL SKVICE LOADING FOR COLOMBO ONLY Aoe«ptli»f bany Hft Upto 46 tons UA 25.00.98 FCL/LCL WEEKLY »AIUHO TO ■AwaaMOMOCHMnawwNOwnNn^—i—wr^cuno/
      19 words

  • Page 41 Advertisements
    • 55 41 ma na (Retrieve more schedules!) *t eJLI Select the port and key in the four digit code W0 eg: To New York (NYQ 2275 3© Key in your fax number I STBOEnter your phone number d by T he document will be J SflHtHNn TIMES ST S*J faxed to you*
      55 words


  • Page 43 Advertisements
    • 150 43 V j FREE Reader Enquiry Service £>< cut out and Fax to 65-*****29 HminnrnfvrnvH Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of
      150 words

  • Page 44 Advertisements
    • 972 44 -m-SAMUDERA SHIPPINfI LINE Ltb 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR M. **********01 Lj!!^ 2 *****1/43 JESS CA C EL| A i Ei CHAN 7 slqs/week [2E2H2231 2 SLG/WEEK IvfessfeL HiW pffi f~3SR vessb. voy |«n |plb ACX CLOVER
      972 words
    • 575 44 hSB DM UK SHKPfWS CO Ml DDI I M S33M7S IkMl tau IIMUt/UMHI I |T a hi IMIMIIIIIC I vnsa VOT SMIUSMKTS DCSTMAnOM Ungoui Joyo 10/98 21/09 23/09 Oura/tama/luMi V wye 15/98 25/09 26/09 PMMms/fJm/lwM Unions** 8 08/98 25/09 27/09 Dunn SmKwrol 14/98 25/09 27/09 IWwnfl/Buu»y?lav Man Palo 8 8M5033
      575 words
    • 327 44 SIM FAR EAST 27/09 KEELUNG^AOHSIUNG 27/09 BANGKOK 27/09 MANILA/CEBU 27/09 JAKARTA/BELAWAN/SURABAYA 27/09 PORT KELANG/PENANG/E. MALAYSIA 29/09 BUSAN 27/09 TOKYO/YOKO/KOBE/NGO/OSA 27/09 HONG KONG SIM chima (*B#£»?tn) 27/09 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU OALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIM EUROPE/UK 27/09 LON/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accoptinfl cargo to EASTERN BLOCK COUNTRIES SIM USA/CAMADA 27/09 LOS ANGELES/NEW YORK aH IPI
      327 words
    • 379 44 rffg Stegapou Soviet Shipphg CPI WJJJ aaiii/smttw vessel vov sm bom pSo Sa KOTA RATII RTUO2I 26/00 09/10 IVIO BUXMOON HON 00/10 12/10 23/10 24/10 KOTA RUKUN RKNOIB 11/10 21/10 28/10 80/10 MM* WT 1. MWW» <■ I MRE6WA R6AM7 STTSTK/II 11/ li SNMR MALAKA 021 02 *3/111 00/10 11/11
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  • Page 45 Advertisements
    • 396 45 I MICIC TRANSPORT I r "TaTmi aSTEI iw .s: kk s Kb: ns» Isaastam ss la is i^fsgM liSStjjrr"** 55 if/WTO S/iS mmn™* wi li/HM m/IS mS n/mvm 2/oJ BSSfIM «4» «»fl»g? »/.0 llfo ggM Mula/WMll 1/10 Il«/1.B1»«M11 1«0* I o*lo WQANMm *****00 (10 UNM> FAX mu IM iifl« IHTIHiHI
      396 words
    • 1334 45 lYnartWMi w m m m BMH IM lm IW 1 ii i««n ,I„I MICAS** MMM KM 1110 Hit lilt 17.M nm um «T3» mm" "ST- ~Em~ 2?ranm tram «i.i« mt km ku m.i« 1 ST r ilrTrf •'-•J »2 2* w I I pw l gjjju ssslsslsilsi as assass; ss
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  • Page 46 Advertisements
    • 725 46 I VESSEL VOY SIN MAA SIN CAPE SPENCER 98)09 26-27/08 02-07/10 12 I^lo TIGER BMOGE 649N 2MDM 02-07/10 12-13/10 TXjER BAY 660N 28-3009 04-11/10 15-I*lo TIGER 6LANO 661N 03-04/10 06-15/10 19-20/10 TIGER PEARL 662N 07-07/10 12-19/10 24-25/10 TIGER BRIOGE 663N 12-1300 18-23/10 28-29/10 I VESSEL VOY SIN CAL SIN TIGER
      725 words
    • 467 46 O FREIGHT UHKS EXPRESS I ▼•Is *****66 (60 *****33 luidk flostnOsingfwt.cofn.sg PIMCT CONSOLIDATION IMVICI AIfXANDRIA (ALY) BUENOS AIMS (SUE) CEBU (CEB) ISTANBUL (IST) IZMIR (IZM) lAEM CHABAN6 (LCB) MALTA (MIA) PASIR GUDANG (PGU) SAN ANTONIO (STN) SANTOS (SSZ) nuu CALL OUR TOLL PUB UNB Qyjf lec Qfdm 2!2S?ii 3 PortKaJong
      467 words
    • 678 46 IQOCI (Smoooort) Pie Ltd 7? kmtm laad til-04 (S) *****4 ■kSUMI-IM 1.. I cmouwamtN 1******27 I Hrlw v In^rSii O©CL»SS:^c 1,, ~5 rrpi® PfttUMMTA I*6*7s* 777* foe 83-7S4MS7 I f n IPOaM ttN-KMltt/l FtcM-HMMS I I 1 M n, ,7tt44ar7 JUjJL. |00Q AMBKAIfBM I 114^01 91/ M I n/ia I
      678 words

  • Page 47 Miscellaneous
    • 124 47 LEGEND: R Thundmtorm Temperotur. c X\ V Shower Weather Wind Erection with tpeed in knot* Rom V_/ Cloudy Sky Wov S«rf«c« winds arc mdicoted by arrows wkidt Hy with the wind 0 On«hJ circle represent* calm or light and vonobie wind* W On. half Heche represent* 5 knot* One Wl
      124 words

  • Page 48 Advertisements
    • 51 48 I—^ %> Congratulations and &&est %Ashes I to the Kingdom and People I of Saudi Arabia on their I 67 I SASO Country Office Singapore and I Intertek Testing Services Int'l (HK) Ltd I Singapore Branch I 5 Pereira Road #06*03/04 Asiawide Industrial Building, Singapore *****5 nf\ Tel: *****11 Fax:
      51 words

  • INVESTING'98
    • Article, Illustration
      377 49  -  Mby Ven Sreenivasan To say that its been a tough year for East Asia is to understate the trauma that the six hundred million people of the region have had to bear in the past 14 months. What started out like a mere series of corporate hiccups in South
      377 words
    • 1228 50  -  The 2 nation differ in the depth of tkeir problems, their Bacroeconomic handling ff Byi Christopher Hunt The. writer is head ofresearch at Indosuez WI Carr Securities 1 II i i wn THESE are troubled times in Asia, faced with a severe recession. Like
      FILE PHOTO  -  1,228 words
    • 904 50  -  Some thi* they others falllluij in —ifr, short-term mlbUw to long-term proUeas By Ruth Wong The writer is BT's Kuala Lumpur editorial consultant MALAYSIA'S investment environment has changed substantially since early this month when Prime Minister Mahathir Mohamad announced a slew of currency control
      904 words
    • 746 51  -  Same basic principles of boy l«w and sell high apply By R Sivanithy The writer is BT's stock market reporter ASK the average stockmarket player about trading ftitures and chances are, you'd draw a blank. Most individual investors seem to think that the
      746 words
    • 869 52  -  The first is propped np by USsl3b of govt buying, the secend is left in a free fall By Cheah Cheng ye The writer is managing director Of Value Partners, a Hongkong fund managementfirm INSTEAD of one stockmarket, Hongkong now has two.
      FILE PHOTO  -  869 words
    • 584 52 He new Internet generation will demand borderless commerce THE Web has revolutionised the world of personal investment and finance. For the first time, investors have all 3£e tools and information Seeded to handle their perianal finance and investing ttcisions at their finger tips. The combination of
      584 words
    • 916 53  -  Social unrest add* to unemployment, inflation and a contracting economy Reportsbj Shoeb Kagda The writer is BT's Jakarta correspondent THE unprecedented economic meltdown, brought about by the rupiah crisis which began in November 1997 and the political upheaval which forced former president Suharto out
      916 words
    • 674 53 EVEN though the overall outlook for Indonesia's stock market is dismal at best, savvy Investors with a high risk tolerance can start to bargain hunt. Having fallen nearly 60 per cent from its all time high of 750 points, the Jakarta Stock Market Composite
      674 words
    • 1074 54  -  Apart from economic factors such as high interest rates and shortage of liquidity, there is also a deepening political uncertainty Reportsby! Harish Mehta The writer is BT's Bangkok correspondent I i fie usage iunas ana punters are DacK with a big appetite for
      1,074 words
    • 988 54 But aeme fed H'sgeed time to buy defective atecka, beneficiaries of a weak baht and eaah-rich firms r L ft I" ij EVEN though the prices of some Thai stocks have fallen to as k>w as one baht not even enough to
      988 words
    • 1754 56  -  The downtnrn has shattered a lot of myths and it's time for introspection and finding ways to enshion the fall By\ Lee Hon Kiun The writer is theexacuttotdtnctarqf investment at Edmund Tie A Company THE residential market is currently in the doldrums. Those who
      Source: HDB,URA and Tie & Co Research  -  1,754 words
    • 675 57  -  Some analysts say lower interest rates could spur buying in the short-term By. Ruth Wong The writer is BT's Kuala Lumpur editorial consultant THE property sector in Malaysia, which peaked in 1996, has been on a slide since the currency crisis hit the Asian region more
      FILE PHOTO  -  675 words
    • 791 58  -  Diversified investment is key to wealth creation and preservation By\ Maria Soh The writer is a senior director with American Express Bank. Specific advice should be sought from a licensed financial investment institution before acting on this article NOT so long ago, "R" stood for Rewards,
      FILE PHOTO  -  791 words
    • 576 59  -  Board gets rid of previous restrictive rules, offers risk classification scheme By Shiv Taneja The writer is BT's Personal Finance editor THE unit trust industry in Singapore has had such a overhaul over the past 12 months that the business as we understand it today is almost
      576 words
    • 888 59  -  A balanced portfolio effectively manages risk-reward tradeoff By Angeline Goh The writer is a manager at Schroder Investment Management (Singapore) Ltd THE recent global stock market volatility was a powerful reminder that equities can go down as well as up. Stock markets around the
      FILE PHOTO  -  888 words
    • 1346 60  -  They are backed by investors who take longer-term view, work more closely with management Byl Ting Yu Seng, Dominic Garetto The writers are with Chase Capital Partners (CCP), the private equity investment arm of the Chase Manhattan Bank. ASIA'S investment opportunities today are as promising
      Source: Asia Pacific; FILE PHOTO  -  1,346 words
    • 924 60  -  International bond markets offer greater depth than local markets Byl Doyle Mallett The writer is executive vice-president, head of international bonds A currency with BT Funds Management. THE turbulent swings experienced across world equity markets over the past few months have focused investors'
      Source: Datastream  -  924 words
    • 1379 62 LifcinmNMnMiAttl function-uu investment instrument and protection against the unforeseen IS insurance a form of investment or is it just pure protection? How can an individual achieve a balance between the two? And, with the economic slowdown in mind, what should the individual's priority be? In the
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    • 812 64  -  There are opportunities for shareholder value creation in Asia through mergers and acquisitions By l Christopher J Clarke The writer is vice-pesident A managing director, South-east Asia, at A T Kearney "WESTERN groups on Asian Buying Spree", scream the headlines of Western newspapers. In fact, A
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    • 647 64  -  With the high risks involved in cross-border investments, a global custodian helps to protect such investments By I Lawrence An, Avere Hill The writers are responsible for business development client relationships at The Bank of New York BUYING stocks on the New York Stock Exchange.
      647 words
    • 1296 65  - Upbeat outlook for US$, and mark Prospects for the Japanese yen, however, are expected to remain gloomy as economy stagnates By. Alastair Ding uteiy to pick up significantly relied upon in any way by any vithin the next 18 to 24 months, investors in foreign currencies or I ollar currency
      FILE PHOTO  -  1,296 words
    • 1034 66  -  New currency can play important role in rebuilding of Asia's long-tern competitiveness By Desmond Supple The writer is chitfAsian foreign exchange strategist at Barclays Capital THE advent of the etiro next year will be one of the seminal events in recent economic
      FILE PHOTO  -  1,034 words
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    • 287 50 j.'. .iiwi i i l". i tpY '""l*'-••?. J*. V ,y v^^ Lone stop*] I FOR BUILDING A I UNIT TRUST PORTFOLIO J, I I I M ■< ■•i'ii^lj-' A 'WK* 1 •^v r v i*¥?»: 71 i H Lum Chang Securities distributes unit trusts for the following I unit
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    • 245 63 IFour Ist places for the Langematik. The LANGEMATIK is the "Watch of the Year 1998" in Germany (chosen by readers of the weekly "Welt am Sonntag" and "Armbanduhren" journal). But the LANGEMATIK has won other awards too: the "Prix special du jury" in Switzerland (jury of the "Montre Passion /Uhrenwelt"
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    • 388 64 j# Shenton Dynamic Bond Fund Singapore's No.l Global Bond Fund Whh the Asian economies in a crunch, there's never managed to capture swings in interest rate and been a belter time to invest in bonds. And the Shenton currency trends. Dynamic Bond Fund rises well above all others. With just
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    • 116 65 j J "a yk fA Ca 1-800-800-FUND i^ ilß^— r n w I investment profiling. American! What type of investor are you? High risk/high returns? Low risk/low returns? Medium risk/high returns? Are you in for the long run or a short burst? ISSb a m b Or are you cautious
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    • 238 66 v. sffiKjSs? v. Vf V Hk Can't decide *M which Stock? XT fe»» :ujyJjß .J iHhv S? In #*M"<. A H 1 B a: Jm'r>y v,^l^ •S' .V --vs^Bl II Stop worrying about which stock to pick, because right Tt Zttrt Trsiinf? now, you can trade the SIMEX MSCI Singapore
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