The Business Times, 23 October 1998
1998-10-23
1
40
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
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Title Section13 1998-10-23 1 MITA (P) 110/12/97 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, OCTOBER 23, 199813 words
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Article58 1998-10-23 1 □m 1417J9 (-28.41) □mm BC3B (-8.74) □mmm hfwmb mm (-4.89) gMAJUTTMOOD: STOCK MAKKET INDICES KT.SK COUP NIKKEI IAJSU* *nn HANOSKNO MKM 4J4 SET INDEX »U7 -IM JAKARTA COM P SMM _4fi2 MANILA COMP CM taiph wpi van -an SEOUL OOMP MM +L71 CLSA CHINA B 178.* -MSI AUSTALLORD58 words
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Article69 1998-10-23 1 POKEZ BATES USS SI US» 1JM £(U8S/S$perS) UN 17M DM 1.650 M64 YHI 117J 1171* RM UN MJ7 HiB 7.741 Mil BART 17.771 IMS MJPIAH 7JM iBS •stmmrnUb NUMERATES SINGAPORE* 7JS KUALA LUMPUR 11.50 JAKARTA J8M BANGKOK 1475 MANILA JIM HONG HOm 10.25 TAIPH Ml SYDNEY 45 TOW® 2.0069 words
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378 1998-10-23 1 Lu Ning - Policy reversal aims to ease devaluation fears, shifts risks to Chinese banks By Lu Ning [SINGAPORE) To allay foreign investors' fears of a renminbi devaluation, China has decided to allow them to borrow renminbi-denominated working capital from Chinese banks. Newspapers in378 words
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Article256 1998-10-23 1 R Sivanithy - STI closes down 23.41 points after Japan rally falters By R Sivanithy [SINGAPORE] It was a generally quiet day for the region's equity markets yesterday, with Singapore shares losing 2 per cent after a sharp rally in Japan faltered. The Straits Times Index swung through a256 words
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376 1998-10-23 1 Ang Van May - JSP Films to lose offices dne to cashflow problems Ryi Ang Van May [SINGAPORE] Money No Enough has proven prophetic for the producers of the local box-office hit they are losing their offices due to cashflow problems. The three-storey building in Genting376 words
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Article, Illustration52 1998-10-23 1 [LONDON] South African photographer Jamie Thom's Oxpecker on Zebra's Tail yesterday won the Eric Hosking Award for the BG Wildlife Photographer of the Year 1998. The competition, with its £2,000 (555.500) prize, is the world's biggest wildlife photography contest. It attracted over 20,000 photographs from 60 countriesREUTERS - 52 words
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438 1998-10-23 1 David Boey - Announcements over next few months to include those on sale of non-core assets By David Boey [SINGAPORE) SembCorp Industries Ltd will issue a number of announcements some of them related to the sale of its non-core assets like Delifrance Asia over the next few438 words
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Advertisement157 1998-10-23 1 msniß Listed SembCorp Industries is mounting its bid for the |3b Tuas Power company building Singapore's newest power station, through a joint venture between subsidiary SembCorp Energy and US-based power producer Edison Mission Energy, Pf3 ill k Mfcwcdtt Thai prime minister Chuan Leekpai talks to BT about the economic and157 words
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Advertisement18 1998-10-23 1 M'sian budggt What mSfCSTwatchers expect when Prime Minister Mahathir Mohamad unveils the budget today. FuH report, Pg 618 words
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Advertisement47 1998-10-23 1 Prndential-Bache gets it right again, Pg 15 Market reports, Pg 20-24 KQbuchi to cut state lender's rates Japanese banks wrote off 1.3t yen bad loans fpi LTCM to come under criminal scrutiny: report BYen surge will hurt Japan: economist Consumers' sentiment lowest since 1982 See Pg 447 words
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Advertisement73 1998-10-23 1 Local treatment for foreign firms, Pg 7 T&cfaztc/ Is GENEVE I c/<yu//j l\ The new j I.U.C V\ Heir to a proud watchmaking tradition SINGAPORE: Chopard Boutique, Orchard Road no. 02-36, Wisma 65/*****51, Fax 65/235 82 00. Dickson shops: The Promenade, Centre point, shops: Lucky Plaza, Millenia Raffles City, Paragon.73 words
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Advertisement10 1998-10-23 1 SembCorp's loghrtk* arm bags S 10m GE contract, Pg 1610 words
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SINGAPORE AT HOME & ABROAD
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Article, Illustration525 1998-10-23 2 Anna Teo - All major segments hit as retail space rises 8%; CBD retailers fare worse than those outside By* Anna Teo WITH a projected addition of some 170,000 sq m of retail space this year, retail sales per sq m for 1998 isSource: - 525 words
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201 1998-10-23 2 RIVER View Hotel yesterday became one of the first hotels in Singapore to launch an inroom communication, information and entertainment system via television sets. The system, CyberHotel Network, enables guests to access hotel and tourist information, news, the Internet and e-mail with201 words
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337 1998-10-23 2 Jennifer Lien - Jennifer Lien THE Tech Group, a US-based plastics precision manufacturing group, has invested $17 million in its first Asian manufacturing facility here. Located in Tuas, the 35,000 sq ft plant makes high-preci-sion parts for electronics companies, including disk drive makers IBM,337 words
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Article, Illustration399 1998-10-23 2 Marissa Chew - By Marissa Chew THE National University of Singapore will be building 3,050 units of student housing on campus at a cost of less than $90 million. The university has selected the project's design and will call for tenders forSIEW YAW HOONG - 399 words
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Article, Illustration313 1998-10-23 2 Carol Eng - EYE ON THE ECONOMY Industry By* Carol Eng THE decline in food and beverage revenue eased in July to 16 per cent, from June's 23 per cent plunge. The June plunge has been the biggest so far since F&B revenue started falling in year-on-yearSource: STB - 313 words
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542 1998-10-23 2 Shoeb Kagda - Support from IFC suggests confidence in Indonesia may be retaining From Shoeb Kagda in Jakarta DESPITE the region's deep economic crisis, Singapore's MJC Pte Ltd is pushing ahead with plans to open a US$56 million ($90.9 million) plastic video cassette manufacturing plant542 words
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196 1998-10-23 2 Soh Tiang Keng - By I Soh Tiang Keng JOHN Hancock Life Assurance will launch a premium relief programme on Monday to cushion its customers against the shock of the economic slowdown in Singapore. This plan covers relief from premium payments and interest waiver for policy lapses.196 words
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424 1998-10-23 3 Ven Screenivasan - More multinational players seen resorting to cutbacks By Ven Screenivasan A SLUMP in its regional business has forced US financial powerhouse J P Morgan to lay off about 5 per cent of its Singapore workforce yesterday. It also424 words
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338 1998-10-23 3 The Straits Times SINGAPORE and France are more than willing to ensure steady economic growth in Europe and Asia as both countries could play the role of catalyst to help bring the two regions closer together. Deputy Prime Minister andThe Straits Times - 338 words
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275 1998-10-23 3 Toh Han Shih - Cisco to train students to design, ran simple networks Toh Han Shih IN three years, virtually every secondary school or junior college here may be teaching Internet technologies to students. This is the goal of the Networking Academy Programme of Cisco Systems, a US networking275 words
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Article, Illustration616 1998-10-23 3 Ronnie Lim - Joint venture with US firm to be used for other regional power projects later By\ Ronnie Lim [SINGAPORE] Listed SembCorp Industries (SCI) is mounting its bid for the $3 billion Tuas Power (TP) company building Singapore's newest power station, through a 60:40ARTHUR LEE - 616 words
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Page 2 Advertisements
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Advertisement90 1998-10-23 2 rGOLD///PFEIL GERMANY The Voyage Collection is made of an extremely durable and practical, high-quality twilled nylon fabric. The leather edging is in finest leather with a vertical grain. The strap is made from nylon, offering the same features as a safety belt. Trolley bags: $498 (left) $398 (right) Boutiques: Unit90 words
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Page 3 Advertisements
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Advertisement10 1998-10-23 3 P&tOmu Maki 50 equities staff, most in Asia, Pg 1810 words
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Advertisement206 1998-10-23 3 I LOOK! THE GREATEST FEATURES ARE INVISIBLE. The dual bond GSM 900/1800 systems makes it easier to stay connected. gj*"^ <sigzrzs3L*<Hggi mm uu and it connects tnc Ki n£^^ itin,U>b The modem is built-in to the SH 888. It lets you connect to the Internet, as well as send and206 words
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ASIA'S ECONOMIC SLUMP
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454 1998-10-23 4 Shoeb Kagda - Ideal level between 7,000 and 8,000 to the US& Ginandjar Frvm\ Shoeb Kagda in Jakarta AFTER weeks of surging strongly, the Indonesian rupiah took a breather yesterday and weakened to close at 7,650 to the US dollar from Wednesday's close of454 words
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344 1998-10-23 4 AFP [JAKARTA] Indonesia's senior economics minister yesterday denied any intention to rein in the rupiah, crediting the currency's recent strength to improving economic fundamentals. Coordinating Minister for the Economy, Finance and Industry Ginandjar Kartasasmita said the government had no plans to hold down theAFP - 344 words
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273 1998-10-23 4 AFP [TOKYO] Japanese authorities are looking into possible criminal wrong-doing by executives at the Long-Term Credit Bank of Japan Ltd (LTCB), due to come under state control with huge bad loans, a report said yesterday. Justice ministry officials and public prosecutors are believedAFP - 273 words
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519 1998-10-23 4 JAPAN Df CRISIS Plan will also help home-owners faced with mortgage repayment woes Bloomberg Reuters [TOKYOJ Japanese Prime Minister Keizo Obuchi said yesterday he will approve today a plan to cut Housing Loan Corp interest rates to a record low toBloomberg; Reuters - 519 words
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474 1998-10-23 4 AFP Bloomberg [TOKYO] Japan's top nine city banks wrote off 1.3 trillion yen (5517.9 billion) in bad loans in the six months to September, a report said yesterday. The figure was more than twice as high as forecast earlier thisAFP; Bloomberg - 474 words
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Article, Illustration279 1998-10-23 4 Bloomberg [TOKYO] Japan's consumers were the most pessimistic they've ever been about the near-term economic outlook, amid record-high unemployment and near-record high bankruptcies, government figures showed. The consumer sentiment index, which measures how Japanese consumers view economic conditions for the coming six months, fellBloomberg; AFP - 279 words
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396 1998-10-23 4 Neil Behrmann - Strong yen will have deflationary impact on economy From Neil Behrmann in London THE remarkable 20 per cent single-day surge of the yen a fortnight ago will have negative implications for Japan's economy and currency, says Brendan Brown, Londonbased chief economist at Tokyo-Mitsubishi International.396 words
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351 1998-10-23 4 AFP Reuters [BANGKOK] The Telephone Organisation of Thailand (TOT) said yesterday that it had revoked a deal worth 10.4 billion baht (*****.7 million) awarded to six companies, citing budgetary and technical constraints. The firms were Siemens AG of Germany, LM EricssonAFP; Reuters - 351 words
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Advertisement47 1998-10-23 4 W I I colour panels, mirror panels, stainless steel panels, B PpBM stainless steel wraps and Armana ■.•uimy.il [b) ■=h.i h japj=l!U b i Jiei=u jib— 180 Paya Lobar Road #09-03 Yi Guang Building Singapore *****2 Tel: Showroom 176 Orchard Road »03-43F Centrepowit Singapore *****3 Tel: *****8847 words
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Advertisement91 1998-10-23 4 a m to* NrvH IM Km *4* taafM >nr% M* Mail Order Brides P These ladies hope for romance, marriage... to be brides. Click on images to view bio and full photos, Stephanie, 25,1.73 m. Singapore Not, 23,1.58 m, Bangkok ■k W Jf Ru Yu, 22, lisn, Bering Letkia, 24,1.6291 words
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Advertisement543 1998-10-23 5 U&v ..'.jJKI A ZURICH EAGLE INSURANCE (SINGAPORE) PTE LTD Born From The Merger Between Insurance l MESSAGE H lam to you to the Eagle Insurance Pte a new name K) City Developments Limited pi It has been born from the merger between Eagle /p Star Insurance Singapore Branch Zurich Insurance543 words
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SOUTH-EAST ASIA
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248 1998-10-23 6 KUALA LUMPUR AFP AN Aids activist group led by an outspoken daughter of Malaysian Prime Minister Mahathir Mohamad yesterday condemned the creation of an anti-gay movement as a dangerous act of hatred and intolerance. The Malaysian Aids Council, whose president is Marina Mahathir, joinedAFP - 248 words
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590 1998-10-23 6 BUM-UP TO MALAYSIAN BUDGET He's expected to raise money by borrowing from banks and Petronas Bloomberg [KUALA LUMPUR] Malaysia's Prime Minister Mahathir Mohamad will today raise the curtain on the country's first deficit since 1992. As he looks to kick-startBloomberg - 590 words
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Article, Illustration68 1998-10-23 6 [JAKARTA] A riot policeman (right) yesterday wiping sweat off his face as he confronts a protester during a demonstration outside the Parliament building in Jakarta. Some 200 youths demonstrated in support of Indonesian President Habibie's contested plan to hold a special session of the People's Consultative Assembly nextAFP - 68 words
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309 1998-10-23 6 KUALA LUMPUR They are involved in protests and if they win, EL will have to follow IMF, he says Reuters Bernama AFP [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad has accused foreigners, including Indonesians, of involvement in antigovernment protests in Malaysia. ForeignersReuters; Bernama; AFP - 309 words
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262 1998-10-23 6 WASHINGTON Tliey urge Clinton to move summit from KL in response to Mahathir's policies AFP Reuters TWO prominent lawmakers have asked US President Bill Clinton to seek a change in venue for the annual Apec summit set to open in less thanAFP; Reuters - 262 words
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Advertisement133 1998-10-23 6 Hl^. "-y >^.^F- »ia~ v ;*fr~Vir sa^i^aS^? "^t^j^^^Bjßß^B^^^Bjfc^^^SE.'.- a< *^^^sifilb^p^i^B|Bß~ £*'^mi *Pjß| mB B ■>* ,i Xy I *1 vfc 4f^ss— y "**"sl^^?"'" W A/ v fA J V 7 Ay f MjrlM The all-new Opel Omega comes with a host of improved features designed to make your ride smoother,133 words
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Advertisement9 1998-10-23 6 Editorial: Asean must get its act together, Pg 119 words
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CHINA-HONGKONG-TAIWAM
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451 1998-10-23 7 BEIJING China also to speed np construction of an open and orderly market environment, says trade official Reuters CHINA plans to phase in national treatment for foreignfunded companies in order to lure foreign investment, the China Economic Times reported yesterday. "InReuters - 451 words
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170 1998-10-23 7 BEIJING AFP CHINA expects to spend 49 billion yuan (559.6 billion) this year to complete the construction of almost 49 million sq m of affordable housing, the official media reported yesterday. "New housing reform policies are being carried out nationwide and areAFP - 170 words
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292 1998-10-23 7 TAIPEI Budget expansion will help speed up public projects Reuters TAIWAN'S Parliament yesterday approved a NT163.8 billion (Ss3.l billion) expansion of its fiscal 1999 budget, aiming to revive the island's sagging economy by speeding up public infrastructure projects. "The Legislative Yuan has adopted theReuters - 292 words
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370 1998-10-23 7 BEIJING ItH indnde terms on capital transfers, arbitration process AFP CHINA pledged to speed up long-awaited amendments to a law protecting Taiwanese investments in the country, the official Xinhua news agency said yesterday. Chinese officials and Taiwanese businessmen agreed the changes wereAFP - 370 words
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368 1998-10-23 7 Loh Hui Yin - Appointment seen as govt bid to ensure independent board From Loh Hui Yin in Hongkong FORMER chief justice Yang Ti-liang has been appointed to chair Exchange Fund Investment Ltd (Efil), the firm set up by the Hongkong government to manage its estimated368 words
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Article, Illustration39 1998-10-23 7 [BEIJING] A Chinese vendor yesterday selling candied haw fruit kebabs called "tanghulu"in Beijing. The sweet snacks are popular during autumn and winter in northern China, and sell for about 3 yuan (58 Singapore cents) a stick. REUTERSREUTERS - 39 words
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258 1998-10-23 7 HONGKONG AFP Reuters CHINESE Premier Zhu Rongji has gone to the booming Guangdong province in southern China to personally root out officials involved in massive smuggling activities, a report said yesterday. Mr Zhu led an 80-member group of customs, trade andAFP; Reuters - 258 words
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FOCUS
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Article, Illustration1779 1998-10-23 8 Harish Mehta - Thai Prime Minister Chuan Leekpai, now in his second term, has done a remarkable job of pulling the economy out of the crisis. In a wide-ranging interview with BT, he speaks about the economic and political challenges facing Thailand Reports byl Harish Mehta [BANGKOK] THESUKREE SUKPLANG - 1,779 words
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483 1998-10-23 8 The would-be artist studied law to please his father WHEN Chuan Leekpai was just a high school student in the southern Trang province, he made up his mind to become a politician. He was, he says, a driven young man. He could not tolerate the483 words
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788 1998-10-23 8 Thai PM wants to tackle graft, wipe out vote-buying CHUAN Leekpai is a rare politician: he does not think he is indispensable. "I don't think it is true that there is no alternative to myself," he said. "It depends on the work and788 words
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Page 8 Advertisements
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Advertisement71 1998-10-23 8 Shoppers' Paradise for Traders around the world Indonesia the best equipped i v Furniture Offsring the UNIQUE, CLASSIC and CONTEMPORARY products for: ®In t© nor .Gjestßoorr. Living Roct Office Furniture Din ng Room Bedroom *Te'races Jakarta Convention Center Indonesia, October 24 th November Ist1 st 1998 Organized by T<T>T DFRINDO71 words
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ASIA
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466 1998-10-23 9 SEOUL Country's corporate debt more worrying than foreign debt, says US envoy AFP SOUTH Korea yesterday unveiled plans to allow its top 30 conglomerates to convert part of their massive debt into equity to help reduce their heavy leverage, seen asAFP - 466 words
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267 1998-10-23 9 mSEOUL AFP FOREIGN portfolio investment in South Korea has been increasing fast this month as low-priced shares here attract funds seeking shelter from volatile overseas markets, officials said on Wednesday. From Oct 1 to Oct 19, South Korea received a net inflow ofAFP - 267 words
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335 1998-10-23 9 NEW DELHI Bloomberg THE Indian government will go ahead with the sale of its shares in state-controlled companies, including Container Corporation of India Ltd, in this fiscal year, said Finance Minister Yashwant Sinha. "We have discussed the pricing" for the sale, saidBloomberg - 335 words
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Article, Illustration446 1998-10-23 9 MELBOURNE Move comes as he seeks changes to rules on taxation and mix of games Bloomberg KERRY Packer, Australia's richest man, wants to delay his plan to put money into Melbourne's Crown Casino until the state government changes the regulations governingBloomberg; REUTERS - 446 words
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232 1998-10-23 9 CANBERRA Reuters FEARS about the slowing global economy were preventing multinational information technology companies from setting up Australian operations, Australian Information Technology Minister Richard Alston said yesterday. Mr Alston, who was appointed the country's first IT minister on Sunday, said manyReuters - 232 words
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Advertisement267 1998-10-23 9 k Wm -i Rabobank international is part of Rabobank Netherland, one of the world's leading international banks with assets in excess of USO2OO WtHon and is rated Triple-A by all major rating agencies, in the world. The Singapore-based M&A Advisory (S E Asia) team is part of global m&a network,267 words
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Advertisement79 1998-10-23 9 You never actually own a Patek Philippe. You merely i look after it PATEK PHILIPPE for the next geneve Begin your own tradition. SMOAPOM THE HOUR GLASS fakashtmaya Shopping Centre Tel: 734 2420 Scotls Tel 235 7198 Lucky Plara Tel 733 1262 Q MALAYSIA THE HOUR GLASS Lot 10 Shopping79 words
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THE WORLD
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Article, Illustration566 1998-10-23 10 WASHINGTON Crises caused by excessive capital inflow that financial systems can't absorb Bloomberg COUNTRIES shouldn't seek more foreign investment capital than their domestic financial systems can handle, says US Deputy Treasury Secretary Lawrence Summers. "The root cause of crises is not so muchBloomberg - 566 words
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Article390 1998-10-23 10 SYDNEY Property still strong, banking system in good shape, he says AFP DESPITE the Asian crisis and turmoil in global financial markets, the US banking system remains robust and the economy is not expected to weaken greatly, New York Federal Reserve president William McDonoughAFP - 390 words
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Article97 1998-10-23 10 PARIS AFP POLICYMAKERS at the German and French central banks decided yesterday to hold rates unchanged at their current low levels despite growing calls for a cut to help combat the global economic downturn. France and Germany, have the lowest key interest rate, of 3.3 perAFP - 97 words
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316 1998-10-23 10 LONDON AFX-Asia JONES Lang Wootton (JLW) of the UK and LaSalle Partners Inc of the US said yesterday they have agreed to merge to form an integrated real estate services and investment management company. The deal will combine JLW's operations in EuropeAFX-Asia - 316 words
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354 1998-10-23 10 MICROSOFT CASE Bloomberg [WASHINGTON] Microsoft Corp attempted to use the words of Netscape Communications Corp chairman James Clark to undermine key US government allegations that the software giant tried to cripple Netscape as a competitor in the Internet browser market. Microsoft attorney JohnBloomberg - 354 words
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Advertisement323 1998-10-23 10 TO ADVERTISE CALL TOLL-FREE 1800-741 1883 NOTICE IS HEREBY GIVEN that, I YAP WAI SENG of Blk 289 Bishan St 24 *10-17 Singapore *****9, have applied for a Public House Ist Class (extended) Licence in respect of M/sThat Mini Bar located at 83Tanjong Pagar Road Singapore *****4, and that this323 words
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Advertisement369 1998-10-23 10 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF PACIFIC AIRCRAFT PARTS SALES PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of PACIFIC AIRCRAFT PARTS SALES PTE. LTD.. duly convened and held at 1 Shenton Way. *21 -08 Robina369 words
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Advertisement570 1998-10-23 10 NOTICE IS HEREBY GIVEN that. I CHOO SIAN SIEW of Apt Blk 114 Pasir Ris Street 11, *10-587 Singapore *****4, have applied for a Retail Beer Licence in respect of M/s 773 Pasir Ris Minimart located at Blk 773, Pasir Ris Street 71, #01-380 Singapore *****3, and that this application570 words
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Advertisement410 1998-10-23 10 COURT ARBITRATION ORDER H Final Ratification Judgement No. 515/94 dated 2.3.1998 2nd Chamber No. 1 Commercial Court of Liege A HIGHLY IMPORTANT INTERNATIONAL AUCTION Culmination of a Nine Year Litigation initiated through issuance of summons by major Iranian H importers against an exclusive European Art Gallery and their wholesale suppliers410 words
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EDITORIAL & OPINION
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Article, Illustration749 1998-10-23 11 Henry Tang - THE BOTTOHLHVH OPINION By Henry Tang The writer is a Hongkong industrialist This article first appeared in The Washington Post THERE was no shortage of Cassandras last year as Hongkong was being returned to China, though none foresaw the abrupt economic749 words
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Article56 1998-10-23 11 'What we are planning is indeed a change in Germany. It is not one that you should call revolutionary. But it is one that will change the structure of society, that will combine modernity with social justice and one that is more humane.' Gerhard Schroder Germany's chancellor-designate,56 words
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Article65 1998-10-23 11 Lim Peng Soon - MAILBOX Lim Peng Soon Principal Consultant Learning Performance Systems I WOULD like to thank Larry Wee in his column, "How LTCM got caught" (BT, Oct 14) for an interesting and enlightening piece on the LTCM mess. He is to be commended for his wit and lucid65 words
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Article610 1998-10-23 11 EDITORIAL THERE will be a sense of urgency when Asia-Pa-cific leaders meet next month in Kuala Lumpur for their eighth summit But how their meeting turns out may well depend on how South-east Asia copes with the growing economic and political pressures. Malaysia's Prime610 words
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Article, Illustration1398 1998-10-23 11 John Plender - Recent turmoil shows up need to prevent economies being destabilised by financial institutions By, John Plender FT THE recent, unexpected cut in US interest rates showed that even the world's biggest economy is now, to a worrying extent, hostage to financial shocks. What are theFT; FILE PHOTO - 1,398 words
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Article960 1998-10-23 11 American ideals left behind WILL Clinton meet face-to-face with Mahathir? US administration officials say they won't ask for such a session, but they leave open the possibility that if the Malaysian host invites in the Apec leaders one by one, the US president may show up.960 words
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EXECUTIVE LIFESTYLE
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Article, Illustration529 1998-10-23 12 TOMI SOETJIPTO - Torn sobtjifto talks to Indonesia's leading writer and former political prisoner Pramoedya Ananta Toer who, defying a ban, has relaunched his book about Chinese in the country TOMI SOETJIPTO Reuters AFTER decades of living in isolation and having his works suppressed by the government, Indonesia's leadingReuters; REUTERS - 529 words
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Article, Illustration518 1998-10-23 12 PEOPLE Goldman partner Abby Cohen says her calls are based on number-crunching Reuters [NEW YORK] Goldman said on Tuesday it named Abby Joseph Cohen, who has a reputation as Wall Street's smartest forecaster for her correct forecasting of stock market gains, as a partnerReuters - 518 words
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271 1998-10-23 12 HEALTH Reuters [WASHINGTON! A new margarine made with a fat-block-ing derivative from pine trees can lower blood cholesterol by up to 14 per cent in people who eat it, US researchers reported on Wednesday. They said men and women with borderline-high cholesterol who ateReuters - 271 words
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Advertisement1052 1998-10-23 12 Singapore as§ Press VHP (Incorporated in the Republic of Singapore) IHHHHHHIiHHHHHHHHHBHHHRHHifHHRHHHHRHjjj^^BBHBB PROPOSED CAPITAL RESTRUCTURING EXERCISE (THE "EXERCISE") IgHH INVOLVING, INTER ALIA, H A CAPITAL REDUCTION (THE "CAPITAL REDUCTION") AND WBBk A RETURN OF CAPITAL TO SHAREHOLDERS fHll (THE "CAPITAL DISTRIBUTION") BMMI Further to the announcement made by Singapore Press Holdings1,052 words
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Page 13 Advertisements
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Advertisement588 1998-10-23 13 Mt'l |H Irani? I r«a4 it in Cats'Afewsf j Citil Cats' Mm fa litdif Clitsifitd this wiikiil. I CATS. 1 Where to wine, dine and 58 5 (jipo) Jirs t- Of-^Dt's-Kwd UNLIMITED Over 50 choices of^^^H^H^^flf|MHflj appetizers, soup, main courses and desserts. Lunch at s$ i 9.9o(adult) Dinner at s$588 words
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Advertisement137 1998-10-23 13 §T0 KOH SAMUI, THAILAND! with every order of our award-winning Chicken Rice at Chatterbox Coffeehouse, the Chicken Rice Capital at the WoHd. Ti 31 October 1988 onfy. Hurry! W'tiai u>iet4 Coffeehouse Ist fleer Moniorut Dfl Su^apore 333 Orchard Read, Singapore *****7. TeL *****11 Fax: *****6! koury HH 4fw Sow you137 words
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Page 13 Miscellaneous
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Miscellaneous894 1998-10-23 13 TV&RADIO Premiere 12 7.00 News 5At Seven. 830 Warisan Warkah Mela2JO PM TV innovation* 7-30 Pr °Perty Watch (In- vu: Nostalgia Empayar Ann u-v7i; mP£ vestment In Property). Melayu. Blitz. Sesame 8.00 Your Money (Series On 0.00 Aisyah. *nn ThVQiiv«r nrumhv #°JV To Stretch Your 10.00 Kota Setia. 5.00 Ihe894 words
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Miscellaneous318 1998-10-23 13 CRYPTIC CROSSWORD 1 Legal charges? (11) I 8 The planting of trees in front H[ M| Mj| of official premises (11) HHp —pH__ 11 Arguments said to be muti- 1 'HtO 12 Record notice (4) ,1 J| BF^"" 13 Having sent in wrong key really serious (7) 15 A teller318 words
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THE LEADING EDGE
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Article, Illustration1775 1998-10-23 14 TAN SU YEN - The marketing genius of Andrew Tjioe has helped the Tung Lok Group's restaurants prosper even in hard times, says TAX SU YEN TAN SU YEN Andrew Tjioe, 40, president of the 15-restaurant Tung Lok Group, is a restaurateur's restaurateur. When cosmopolitan restaurant Forbidden City opened on EastARTHUR LEE - 1,775 words
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510 1998-10-23 14 BORN in Jakarta in 1958, restaurateur Andrew Tjioe's chequered school career mirrors the struggle of Indonesia's ethnic Chinese community to hang on to their roots during the turbulent Sixties. "I used to go to a so-called Chinese school where you actually don't speak Chinese. They510 words
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Advertisement120 1998-10-23 14 brought to you by SIR STAMFORD RAFFLES CLUB"" UNCOMPROMISING. The Judgement of Success t O f Sum?ess is about not having to compromise, havingyour aspirations met tfridobtaining the Best. Cflt the Sir rStamford Ik"afftes O/üb, we are uncompromising in our commitment to providing our members with the best. Our balanced120 words
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COMPANIES & MARKETS
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559 1998-10-23 15 Siow Li Sen - Banks' operations still profitable despite heavy provisions: analyst By\ Siow Li Sen [SINGAPORE] Concerns over Singapore banks' Malaysian exposure are misplaced as their operations continue to be profitable despite heavy provisioning, and their franchise value will be revealed in the current downturn, said559 words
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Article288 1998-10-23 15 [SINGAPORE] Osprey Maritime Limited has managed to sell two ships for US$9O million (*****.1 million) as part of its efforts to reduce its massive debt, though the disposal will result in an exceptional loss of US$27.B million. Loss per share after the exceptional loss288 words
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331 1998-10-23 15 Annette Pau - By, Annette Pau [SINGAPORE) The lion's share, or about 40.74 per cent, of electronic component distributor Ultro Technologies' initial public offer will go to small investors who applied for up to 9,000 shares. The mainboard offer was 56 times subscribed331 words
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683 1998-10-23 15 Russell Baker - HOCK LOCK SIEW Russell Baker STARVED of funds and suffering from investor neglect, Australia's mining entrepreneurs have found themselves an endangered species. Nearly half of the 300-odd mining exploration companies listed on the Australian Stock Exchange (ASX) have all but run out of683 words
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212 1998-10-23 15 Eugene Low - Shares traded after 9am on Monday not included in scheme By Eugene Low (SINGAPORE] Singapore Press Holdings (SPH) reminded shareholders in a statement yesterday that shares traded after 9am next Monday would not be subject to the group's capital reduction exercise. Therefore, holders of212 words
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314 1998-10-23 15 Siow Li Sen - Technical analysts foresaw last week's recovery in Aug By\ Siow Li Sen PRESCIENT or what, technical analysts at US-based Pru-dential-Bache Securities have done it again they called last week's explosive recovery in global markets way back in August. And closer to314 words
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COMPANIES
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390 1998-10-23 16 Bloomberg [SEOULI Korea Development Bank, the main creditor of Kia Motors Corp, said it ac cepts Hyundai Motor Co's demand for debt write offs and debt-to-equity swaps in return for taking over the insolvent company. "Korea Development Bank accepts the outcome of theBloomberg - 390 words
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273 1998-10-23 16 Its president sees Q4 ending in red on rising NPLs Bloomberg [BANGKOK] Siam Commercial Bank Pel said it lost 1.27 billion baht (5554.5 million) in the three months ended Sept 30, from a profit of 2.02 billion baht the same quarter lastBloomberg - 273 words
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586 1998-10-23 16 Bankers welcome Indon group's talks with creditors bat say revamp plans moving too slowly Bloomberg Reuters [SINGAPORE] PT Astra International, Indonesia's largest automaker, said yesterday it is halting interest payments on more than half of its US$l.9Bloomberg; Reuters - 586 words
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195 1998-10-23 16 Edmund Baker - LETTER TO THE EDITOR Edmund Baker Executive director Consumers Association of Singapore WE note the comment of Dr R C Cooper in "A role for Case in shareholder interest" (BT, Oct 21). The Consumers Association of Singapore (Case) was formed as, and continues to be,195 words
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294 1998-10-23 16 ST Logistics says it won deal amid intense competition [SINGAPOREJ Singapore Technologies Logistics, the logistics services arm of mainboard-listed SembCorp Industries (SCI), announced yesterday that it has won a contract worth more than $10 million to manage the logistics services for US corporate294 words
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224 1998-10-23 16 [SINGAPORE) Diversified electronics and telecommunications group Acma yesterday announced that its Hongkong subsidiary, Creative Master International (CMI), is to place out new shares worth US$l2 million (5519.5 million) and will apply for a Nasdaq listing. In a press release, Acma said224 words
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Article, Illustration247 1998-10-23 16 Rosy prospects seen for beauty products in China [SHANGHAI] US cosmetics group Coty Inc opened a US$2O million (5532.5 million) manufacturing plant in Shanghai yesterday, citing rosy prospects for beauty products in China. The factory is a venture between privately-held Coty and its partnerAFP - 247 words
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320 1998-10-23 16 Lee Han Shih - Peter Fn's sale before Nov 3 expiry raises questions By. Lee Han Shih [SINGAPORE] Peter Fu Chong Cheng, a controlling shareholder of Hotel Properties Ltd, has sold most of his HPL warrants, less than two weeks before the warrants are due320 words
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COMPANY Briefs
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109 1998-10-23 16 Bloomberg [TOKYO] Japan's Yamak !chi Securities Co, a regional brokerage catering to individual clients, yesterday Sled for bankruptcy protection at the Tokyo District Court. The court ordered the preservation of Yamakichi's assets and property fallowing its filing Hie Ministry of Finance's Kan to Regional Bureau saidBloomberg - 109 words
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142 1998-10-23 16 Bloomberg [JAKARTA] PT Tam bang Timah, the world's largest tin producer, Said net profit rose five-fold in the first half of the year as the collapse of the rupiah boosted the company's revenue from sales in US dollars. Profit jumped to3os.7billion rupiah(Ss64.B million)from 57.3Bloomberg - 142 words
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REGIONAL/INTERNATIONAL COMPANIES
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Article, Illustration472 1998-10-23 17 US losses may rise; report says Japan watchdog to carry oat emergency probe Bloomberg AFP [TOKYO] Nomura Securities Co, Japan's largest brokerage, posted a 207.257 billion yen (552.9 bUlion) group net loss for the half year through September and warned its US lossesBloomberg; AFP - 472 words
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Article104 1998-10-23 17 Bloomberg [HONGKONG] WiUiam Overholt, one of Asia's best-known regional economists, left Bankßoston in Singapore after seven months to join a unit of Nomura Securities, Japan's largest brokerage. Mr Overholt, who ended an 18-year career at Bankers Trust Corp in April to become Bankßoston's Singaporebased senior strategist,Bloomberg - 104 words
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262 1998-10-23 17 Bloomberg [SEOUL] Siemens AG, Germany's largest electronics company, is in talks to buy a stake in Hyundai Electronics Industries Co's US$75O million (Ssl.2 billion) mobile phone handset and network business, the South Korean company said. "Negotiations with Siemens are underway but nothing has beenBloomberg - 262 words
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Article, Illustration364 1998-10-23 17 AFP [TOKYO] Shares in Japan's mobile phone giant NTT Mobile Communications Network Inc (NTT DoCoMo) soared in their debut on the Tokyo stock exchange yesterday. The stock surged 17.9 per cent from its initial offer price to make its first trade atAFP - 364 words
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288 1998-10-23 17 Reuters [MURRAY HILL, New Jersey] Lucent Technologies Inc, the largest US telecommunications equipment maker, said fourth-quarter profit rose a better-than-expected 49 per cent on a strong increase in sales. Profit before one-time items for the fourth quarter ended Sept 30 rose toReuters - 288 words
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COMPANY Briefs
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Article61 1998-10-23 17 Bloomberg [WILMINGTON, Delaware] US chemicals giant DuPont Co said on Wednesday third-quarter profit fell 16 per cent (Hi weakening global demand and the strong US dollar, before charges resulted in a quarterly loss. The maker of Dacron polyester said profit from continuing operations fell toBloomberg - 61 words
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79 1998-10-23 17 Bloomberg [NEW YORK] US local phone companies Bell Atlantic Corp and US West Inc on Wednesday said third-quarter profits rose in line with expectations on sales of high-margin services. Bell Atlantic's profit before charges rose 13 per cent to US$l.l billion (Ssl.B billion)Bloomberg - 79 words
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Article55 1998-10-23 17 AFP [AMSTERDAM] The Dutch electronics giant Philips yesterday said its net profit for the third quarter including exceptional items plunged 70.3 percent. Philips reported a total net profit 0f425 million guilders (*****.6 million), down a massive 70.3 per cent on the 1.432 billion guilders earned inAFP - 55 words
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Article74 1998-10-23 17 Bloomberg [IRVING, Texas] Exxon Corp and Texaco Inc on Wednesday reported double-digit drops in earnings for the third quarter in a row, and Amoco Corp for the fourth consecutive quarter, as an oil price slump that began a year ago continued to slash revenues.Bloomberg - 74 words
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61 1998-10-23 17 Bloomberg [SEATTLE] Boeing Co rebounded to a profit in the third quarter, beating some analysts' estimates. It posted net income of US$347 million (*****.2 million), or 36 US cents a share, compared with a loss of US$696 million, or 72 US cents, inBloomberg - 61 words
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317 1998-10-23 17 Reuters [NEW YORK] American Airlines and US Airways on Wednesday beat Wall Street's expectations with stronger third-quarter profits, while earnings at United Airlines and Trans World Airlines fell short. American Airlines' parent company, AMR Corp, said net income rose 34 per cent inReuters - 317 words
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243 1998-10-23 17 Bloomberg [LONDON] Imperial Chemical Industries (ICI), Britain's largest chemical company, said third-quarter profit fell 22 per cent, within analysts' forecasts, after the company suffered a business decline in Asia and more competition in the US. Net income, before goodwill and one-time items,Bloomberg - 243 words
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321 1998-10-23 17 Stronger demand for networks outweighs fall in handset sales Bloomberg [STOCKHOLM] Ericsson AB, the world's No 3 mobile phone maker, said thirdquarter net income rose 7 per cent as stronger demand for its networks more than outweighed a decline in handset sales. ProfitBloomberg - 321 words
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FINANCE & COMMODITIES
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432 1998-10-23 18 Closure of Gitic has made banks more concerned about loans to other Itics Bloomberg [GUANGZHOU) Chinese investment companies are under scrutiny from banks and face a mounting credit crunch in the wake of the closure of the country's second largest government trust company.Bloomberg - 432 words
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294 1998-10-23 18 Fannie Mae expects Continued strong demand from region Bloomberg [HONGKONGI Fannie Mae, the largest provider of home mortgages in the US, said almost half of last week's US$3 billion (554.9 billion) sale of three-year benchmark notes were sold to Asia-based investors.Bloomberg - 294 words
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284 1998-10-23 18 Reuters [NEW YORK] Financial services giant Citigroup Inc is cutting back on its bond trad- ing business after volatile markets caught it by surprise and cost it dearly in the third quarter, said the firm's cochief executive, Sandford "Sandy" Weill, onReuters - 284 words
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Article, Illustration53 1998-10-23 18 [BEIJING) Chinese women working to husk dried corn in the northern suburbs of Beijing yesterday. China reported it expects a bumper corn harvest for this year. Output is predicted to hit 115.5 million tonnes, up 10.8 per centfrom the previous year, despite the impact ofREUTERS - 53 words
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304 1998-10-23 18 Bloomberg [LONDON] Paribas SA, France's fifth-largest bank, fired 50 people, or about onesixth of its emerging market equities staff in Asia, Europe and the Americas, because trading activity has slumped. The layoffs, which came in the past few days, were mostly inBloomberg - 304 words
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Article292 1998-10-23 18 Bloomberg (NEW YORK] Bankers Trust Corp said it lost a larger than expected US$4BB million (***** million) in the third quarter, as the seventh-larg-est bank in the US lost money from plunging Russian markets and declines in the US. The bank said it lost US$4BBBloomberg - 292 words
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270 1998-10-23 18 Jardine Fleming - SXMEX Report MSCI Singapore Index Jardine Fleming PROPERTY and bank stocks weighed on the Singapore market as reflected in the MSCI Singapore Index futures. The market has had some difficulty maintaining new high ground attained earlier this week. Nevertheless, traders felt underlying momentum270 words
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188 1998-10-23 18 MSCI Taiwan fatnres THE Simex MSCI Taiwan Stock Index futures contract declined yesterday despite Wall Street's overnight rally. It was obvious throughout the session that investors here were unwilling to pursue the high prices and long liquidation by institutions such as Refco (Singapore), ING Futures188 words
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209 1998-10-23 18 ENERGY REPORT Reuters [LONDON) Oil prices were steady yesterday but there was little else to cheer a market bombarded with a spate of bad news from oil companies reporting poor third quarter earnings because of the longer term crude price slump. World benchmark BrentReuters - 209 words
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Article, Illustration1255 1998-10-23 18 IMTERBAME CROSS RATES gag? AS Cj —> CCtf Fir Dw HK$ hX»slh»Mi Yw Ww M KZSft H Pes* to* Sir MT$ fcjj P— USS Australia 0.966 6.178 0.524 1457 1.031 4.844 26.415 47.191 0.736 8.268 2.375 1.196 34.465 26.68 1015 3.572 0.*****.552 23.611 0369 0.625 Canada 1.035 5.368 0.542 3.5771,255 words
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Article276 1998-10-23 18 Reuters AFP London THE dollar advanced nearly to 119 yen and 1.6540 marks in early European trade, but after the Bundesbank announced no changes in German interest rates, the US currency went into sharp retreat. There had been market speculation that the Bundesbank might follow the US FederalReuters; AFP - 276 words
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Article1539 1998-10-23 19 SICOM FUTURES Oct 22 RUBBER (futures dwH '»5 30»w) RSS1 CONTRACTU cwtjAe) ClOM VotaM Open Month Wfh LP* Soft (tones) htggg Nov 98 ***** »250 Dec 98 122.50 *50 Jen 99 123.50 550 Feb 99 125.50 725 Mar 99 128.00 127.00 126.75 275 1175 Apr/Jun 99 130.25 28501,539 words
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Article2075 1998-10-23 19 LONDON Industrials Oct 22 taw 31 Group .560.060 4.000 AB Ports 286.000 -2.000 Abbey National tl29.700 ***** Allied Domecq 470.000 -34.600 Allied Zurich 676.000 M.000 Am»c 187.000 -1.000 Asia Group 156.200 5.200 BATInd 479.000 unch BG Pic 393.400 *4.400 BICC 40.400 0.400 BOC Group 775.000 -10.000 BR2,075 words
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Article1522 1998-10-23 19 Bloomberg Qnua +7123 JAPAN'S key stock index rose for a fifth session, led by Dai-Ichi Kangyo Bank Ltd on heightened expectations the country's largest lenders will all seek public funds to bolster depleted capital. But the benchmark gave up more than three quarters of its morning gains as someBloomberg - 1,522 words
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Article, Illustration1429 1998-10-23 20 Reuters PHmgSang -354 STOCKS closed largely unchanged yesterday after being bolstered by index heavyweight HSBC Holdings, but brokers expected the market to head south in the short term after its recent rally. The Hang Seng Index dipped 3.54 points to finish at 9,658.58. Turnover shrank to HK15.69 billion. "IReuters - 1,429 words
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Article, Illustration571 1998-10-23 20 Reuters QSbeozfaeoßlaAflz -4128 SHENZHEN'S hard currency B shares ended weaker yesterday, dragged down by a sharp fall in its counterpart in Shanghai, analysts said. The B Index trimmed 0.28 of a point to 66.36 on turnover of HK113.6 million. "In the morning. Shenzhen moved stronger on its own, butReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 571 words
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Article309 1998-10-23 20 AFP OwpMat -am TAIWAN share prices closed 0.5 per cent lower yesterday in thin trade as investors locked in profits, dealers said. The Weighted Price Index dropped 33.63 points to 6,967.79. "Investors took profit from the sharp gains Wednesday as the market sentiment had been dragged down by theAFP - 309 words
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Article222 1998-10-23 20 AFP +fjß NEW Zealand stocks ended steady yesterday with the focus pinned on Brierley Investments Ltd (BIL) and its related stocks. The NZSE-40 Index was up 0.5 of a point to 1,842.06 on turnover of NZ$7l.4 million. BIL was up two cents to 46 cents. —AFP mo i amAFP - 222 words
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Article, Illustration649 1998-10-23 20 AFP nCunpoßtehiei -&82 INDONESIAN shares closed 1.7 per cent lower yesterday on continuing profit-taking. "The market was still under selling pressure after strong gains recently. We just didn't have any reason to sustain gains," a dealer with a regional brokerage said. "Basically, people are now only following the index.AFP - 649 words
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Article, Illustration742 1998-10-23 20 AFP P SET latox -L4B THAI shares closed 0.5 per cent lower yesterday after volatile trading, with continued profit-taking in banks leading the broad market down after poor third-quarter results, analysts said. They said speculation in some other finance stocks and second-liners was not enough to offset the banks'AFP - 742 words
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Article366 1998-10-23 20 AFP POilMliihte +L7l SHARES edged up yesterday on the back of a steady futures market, with retail buying offsetting institutional profit-taking, dealers said. The Korea Stock Exchange Index closed up 1.72 points at 382.52, off a high of 388.16. The benchmark corporate bond yield was flat at 9.5 perAFP - 366 words
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Article522 1998-10-23 20 AFP QUMjHita__*U SHARE prices gained 0.1 per cent yesterday, held bade by Rupert Murdoch's News Corp which lost more than 6.0 per cent, brokers said. The All Ordinaries Index closed up 2.2 points to 2£45.20. Turnover totalled 295.09 million stocks worth A 1736.16 million. The All Resources Index firmedAFP - 522 words
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Article8883 1998-10-23 21 Transaction date Oct 22 INDUSTRIALS Consumer promts 1998 Last vol Oay Nat Cap Hlgb Low Company Sal* 000 HI* Law p/t $mn 310 170 Ajinomoto 240 13 2 97.3 MB 35 Anqkasa 60 -2 26 61 60 88.5 290 123 AoolioFood Hlg 194 6.7 77.6 3888,883 words
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Article, Illustration394 1998-10-23 21 AFP Q Composite Index -181 MALAYSIAN share prices closed 0.7 per cent lower yesterday as profit-taking offset sporadic buying ahead of the release of the 1999 national budget, dealers said. The Composite Index fell 2.81 points to end at 421.56. However, the Second BoardAFP - 394 words
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WARRANTS&OPTIONS
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170 1998-10-23 22 R Sivanithy - MHIPPrW > ;v. r.IKEhhMMR«P■« WARRANT WATCH Hi/. R Sivanithy ONK low priced warrant laggard in the local market which hasn't featured much in this column is that issued by Liang Court. The instrument costs 5.5 cents and bears a $1.15 exercise price. The shares170 words
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Article2937 1998-10-23 22 BONOS, LOANS WARRANTS wt 1998 Last Vol Day Last Oust* Avg H«jh Law Stno Company Sal* *ar- COOOI Hl<jh Law Buy*r Seller Price 20.5 3 3160 -Acer ******) USS 10.5 unch 564 11.5 10 10 10.5 95 4.5 3164 Acma ******4 17 -2 754 18.5 16 16 172,937 words
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6433 1998-10-23 23 Transaction datr: Oft 22 Or Or M W1 1998 Last V« Day Last Quote Dtv Div YM Met Cap Avg W» Law mm Cimymy »ate COOP) HN» Law l»wt Mir Cw E/C t»* Wca MULTHMUSTVY 142 49.5 mt 1000 Acma 50c 79 -6 16516,433 words
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Article1194 1998-10-23 23 Or Or M Wt 1996 Last Vaf Day Lad Owta Mv M) W Mt Cap Avf Hlfh Low StNa Company Sal* (*000) Low Bvytr Mor Cw W Plica tUNUFACTUMM 243 30 2049 AS Auto K>C 82 15 4156 89 80 815 82 15.0N 7.0 18 7.7 93.6 83 821,194 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration276 1998-10-23 24 Stocks Votwm Keppel Land50c 24,034,000 Goldtron 20c 23,744.000 IPC0S1.70 20,885,000 Wing Tai 25c 15,610.000 Keppel Corp 14.528,000 ComfortGrp 25c 12,675,000 VanderHorst 12,195,000 Frt Links 20c 11,615,000 Keppel 8ank 10,347,000 Hotel Prop 9,934,000 Stocks OCBC Foreign 54,201.649 Keppel Corp 41,794,571 OUB Foreign 35,007,197 City Dev 50c 32,696,254 Keppel Land50c 32,015,650 DBS276 words
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Article, Illustration642 1998-10-23 24 R Sivanithy - STOCK MARKET COMMENTARY Over-stretched technicals, Japan's pullback cited as factors; signs still of hectic rotational play R Sivanithy [SINGAPORE] After a brisk start, local stocks yesterday fell back in line with a region-wide correction that owed some of its presence to a pullback642 words
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ON THE GRAPEVINE
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Article135 1998-10-23 24 FORMER US defence secretary Casper Weinberger is not a happy man. Interviewed in Singapore this week, he expressed his feelings about a wide range of issues and almost invariably those views turned out dire and pessimistic. In the absence of decisive leadership from the US, he said, strong-arm135 words
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Article119 1998-10-23 24 FORGET tax-breaks, deficit-spending, or easy credit The cure for recession Is Viagra. At least in Brazil It is, where the mega-macho society is in an agony of mortification over the unkindest cut of all. It seems anxiety associated with the economic crisis besetting the country has already119 words
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Article87 1998-10-23 24 ECONOMIST William Overholt, who is based currently in Singapore, has found It somewhat tough working in a clean environment So Mr Overholt, who is known for his pro-China views and authored the book: China The Next Economic Superpower, is heading back for Hongkong, his home for 13 years87 words
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Article, Illustration65 1998-10-23 24 Ven Sreenivasan - -by Ven Sreenivasan IPCO International put up a high-octane peftormance yesterday, surging US$Ol3 or 32.5% to US$O.53 on a volume of almost 21 million shares. The technical charts indicate that the counter has strong medium-term upside. But its immediate task is to consolidate at the US$O.6O support level65 words
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Page 15 Advertisements
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Advertisement47 1998-10-23 15 The sensatibn of time CONCORD, Watchmakers Since 1906 SWISS Authorized dealers International Watch TH: 533 0964 Nanking Watch Dealer TH: 235 9420 336 3658 Roy Eastern Watch TH: 734 1935 734 2357 Watch is enlarged to show detail Sincere Walch TH: 337 3846 734 1979 737 464847 words
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Page 16 Advertisements
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Advertisement58 1998-10-23 16 TEPPANYAKI JAPANESE FAVOURITES ONLY AT $28+++ With unlimited servings of: Eel Hand Roll Tiger Prawn (Teppanyaki) Salmon Sashimi Salmon (Teppanyaki) Deepfried Tofu Chicken (Teppanyaki) FreShSa,ad Beef (Teppanyaki) Mixed Vegetables (Teppanyaki) Steamed R.ce Specia| Dessert TC,: i < >* h. 732 9922 731 0896/7/8 CA/fI&W# 7 V\»wnisf 1800-235 9770 M J<V?58 words
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Advertisement99 1998-10-23 16 Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Mrs Diana Bean, General Manager Of Ms Florence Nathan. Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE. 24 RAFFLES PLACE, SINGAPORE *****1 E-mail: ocrasing9singnet.com.sg99 words
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Page 17 Advertisements
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Advertisement275 1998-10-23 17 THE COMPANIES ACT. CAP. 50 ED KWAN TAILORING PTE LTD (In Liquidation) At a general meeting of ED KWAN TAILORING PTE LTD duly convened and held on the 20th day of October, 1998 the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to275 words
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Advertisement423 1998-10-23 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 RIGHT SOURCE PTE LTD (IN VOLUNTARY LIQUIDATION) I. Richard L. Estrin, duly appointed Corporate Representative of Right Source. 1 nc. holder of the whole of the issued share capital of Right Source Pte Ltd. a Company incorporated in the Republic of423 words
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Advertisement324 1998-10-23 17 TO ADVERTISE CALL TOLL-FREE 1800-741 1883 NOTICE IS HEREBY GIVEN that, I LIM YIAN GIIAN of Blk 658 Woodlands Ring Road #08-108 Singapore *****8, have applied for a Wholesale Beer Shop licence in respect of M/s Ariki Pte Ltd located at Blk 219 j Henderson Road #11-04 Henderson Industrial Park324 words
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Page 18 Advertisements
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Advertisement5 1998-10-23 18 Strait Talk TheßikinbssTimes Shipping Times5 words
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Page 20 Advertisements
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Advertisement134 1998-10-23 20 Make purchase at any Montblanc boutique and get a corresponding refill from our new boutique at The Paragon from now till end October. You also have a chance to enter our monthly m 1 1 grand draw. Montblanc Paragon, you can now I r)PTTP C /7 ?/)/7A7C aeiect an u*cotour134 words
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Page 21 Advertisements
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Advertisement6 1998-10-23 21 TO ADVERTISE CALL TOLL-FREE 1800-741 18836 words
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Advertisement109 1998-10-23 21 NOTICE IS HEREBY GIVEN that, I, Eng Yu Seng of Blk 554 Jurong West St 42 #11-357, Singapore *****4, have applied for a Retail Liquor Shop in respect of M/s Sin Bin Heng Mini Market locatcd at Blk 413 Bukit Batok West Ave 4 #01-204, Singapore *****3, and that this109 words
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Page 22 Advertisements
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Advertisement336 1998-10-23 22 ALFRED DUNHILL V 35 LONDON %wjSr RAFFLES HOTEL ARCADE THE PARAGON NGEE ANN CITY OUB CENTRE SOGO RAFFLES CITY SINCERE WATCH OUTLETS -W9T TO ADVERTISE CALL TOLL-FREE 1800-741 1883 NOTICE IS HEREBY GIVEN that, I TAN SIANG PENG of Blk 355 Woodlands Ave 1 *11-713, Singapore *****5, have applied for336 words
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Advertisement406 1998-10-23 22 NOTICE OF EXTRAORDINARY RESOLUTION PASSED AT MEETING OF BONDHOLDERS GOLDTRON LIMITED Trust Deed dated 7 April 1995 ("Trust Deed") between the Company and HSBC Trustee (Singapore) Limited ("the Trustee") constituting 5548,420,000 6.75 per cent. Convertible Bonds Due 2000 ("the Bonds") Pursuant to paragraph 20 of Schedule 3to the Trust Deed406 words
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Advertisement208 1998-10-23 22 NOTICE IS HEREBY GIVEN that I, DANIEL GARCIA I of Blk 183 Bishan Street 13, #02-297, Singapore I *****3, have applied for a Public House, First Class I Licence in respect of M/S Dejavu Entertainment Pte I Ltd located at 46 Circular Road, Singapore *****1, I and that this application208 words
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Advertisement329 1998-10-23 22 IN THK MATTKR OK THK COMPANIES ACT, (CHAPTKR 50) AND IN THK MATTKR Oh SHANGHAI lAOCHING HING RESTAURANT PTK I.TD (Incorporated in the Republic of Singapore) (IN LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP Al ail Extraordinary General Meeting of the Members of SHANGHAI I AO CHING HING RESTAURANT PTE I.TD duly convened329 words
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Page 23 Advertisements
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Advertisement8 1998-10-23 23 Saturdays Off the cuff by Jaime Ee TheßusinessTimes8 words
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Advertisement7 1998-10-23 23 Mondays Crisis Watch by Vikram Khanna TheßusinessTimes7 words
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Page 24 Advertisements
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Advertisement959 1998-10-23 24 <|~=@[!!@\%=\^[=.]'{._}=(~|{*>` In the matter of the Companies Act. Cap. .SO and in the mailer of Lilliputian Scale Models Pte Lid (in members' voluntary liquidation) At an Extraordinary General Meeting ol' the above company held on 21 October 1998 the following resolutions were passed: "That Lilliputian Scale Models Pte Ltd he959 words
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Advertisement407 1998-10-23 24 IN THE NUTTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF STOP N' GO (SINGAPORE) PTE LTD (Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Members of STOP 'N' 00 (SINGAPORE) PTE LTD, duly convened and held on 17th October 1998 the following was duly407 words
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Advertisement325 1998-10-23 24 NOTICE IS HEREBY GIVEN that, I TAN SUAT LWI of 115 Bt Purmei Road <>04-242 Singapore *****5, have applied for a Retail Beer Shop Licence in respect of M/s Gee i Fong Mini mart located at 30 Kim Pong Road *01-28 Singapore *****0, and that this application will be considered325 words
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Advertisement500 1998-10-23 24 NOTICE IS HEREBY GIVEN that, I CHIA CHIN LIANG of Blk 258 Jurong East St. 24 *10-369 Singapore *****8, have applied for a Public House, First Class Licence in respect of M/s Dive X'plorcr Cafe located at No. 40 Circular Road Singapore *****5, and that this application will be considered500 words
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Shipping Times
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Article299 1998-10-23 25 IAT Bridge News Reuters TALK of a sharply lower rate being covered on the key US Gulf to Japan grain run dominated early trading with U5513.25 without combination port discharge said to have been agreed. A good volume day on Biffex as the market continues to weaken, ClarksonIAT; Bridge News; Reuters - 299 words
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Article269 1998-10-23 25 SES -"190 wm st *h m CWTOMrftuHon _0J9 -0.015 S42 ChuanHup 0.44 -0.025 420 Coses tnv*itm««t .0.44 -0.05 82 frataHUnM 0.20 -0.005 IMS 081 Witt i»l 0.34 *0.019 323 Hat Sun Hup 0.385 -0.025 ttll Hitachi Zaaan O.SS -0.03 848 IMC HoMtaqt HK 5.60 ■JayaHoldhut 0.5O5 -0.005 1*4269 words
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Article, Illustration448 1998-10-23 25 Felix Chan - Penalty nndnly large, Japanese line says, compared to its trading share among Taca members By Felix Chan [SINGAPORE] Japanese shipping line Nippon Yusen Kaisha (NYK) may have been subjected to discriminatory treatment when it was slapped with a US$24 million (5538.8 million) fineFILE PHOTO - 448 words
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172 1998-10-23 25 Bloomberg [KUALA LUMPUR] Malaysia's Global Carriers Bhd said it won court protection from creditors to give the unprofitable shipping company time to reschedule debt and implement a restructuring. The restructuring will involve a "capital reduction and a rights issue", the company said. SharesBloomberg - 172 words
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747 1998-10-23 25 Selva Kumar - ADMIRALTY CASEBOOK By\ Selva Kumar THE owners of Malteseflagged Herceg Novi have been slammed by the High Court for suggesting that Singapore's justice system is lacking because the Republic follows the 1957 Limitation Convention. The ruling has come in an action that747 words
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410 1998-10-23 25 P T Bangsberg - From P T Bangsberg in Manila ASIA'S economic woes appear to be taking a toll on port business in Taiwan, even though it has suffered less than most in the region. The volume of container cargo processed in Taiwan during the first410 words
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Article, Illustration175 1998-10-23 25 Reuters [MANILA] The Philippine coast guard yesterday ordered all vessels to remain in port because of the expected onslaught of typhoon Babs in Manila and other parts of the country. "During storm signals number three and four all vessels areReuters; REUTERS - 175 words
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Article, Illustration1040 1998-10-23 26 US AIRLIMG MERGERS Expected move to block Northwest bid for Continental may signal US wants to halt consolidation of major airlines Bloomberg THE Justice Department's expected move to block Northwest Airlines' planned purchase of a controlling stake in Continental Airlines could signal the US governmentBloomberg; FILE PHOTO - 1,040 words
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Article362 1998-10-23 26 PAGE Express TI M AAM'time 12 FoongSun 8 ANL 3 FfoU Accord 8 W Links 14 Ahrenkiel 12 GUnl1 4 Appenship 5 Gemwtrans 8 Austral 8 Genshgp 12 Avant 14 Glory Nav M B tang Mas 8 HaiSunHup 8 BSA 7 Hangli 7 BTL 14 Hanjin .3362 words
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Article15370 1998-10-23 33 FRIDAY, OCTOBER 23, 1998 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vtu« Voyage Telephone SIM Oeitr Name Name Number Number SIN Deot'n Name Nam* Number Number H/n JO/11 MOL NEDLLOVD VAN NES 230SA 45 ******4 To ABIDJAN (ABJ) 2003 Cot* D'I voir* 04/n15,370 words
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SHIPS IN PORT
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Article754 1998-10-23 39 Vtssel Voy No B«rth Arrival Departure J»»m Nrt Vmegret 9804 J14 alongside 22)0/1930 Bt B Pertasa *****8 J01 alongside 22 )0/2000 Bt Ca Indra3 01)098 J01 alongside 24.10/0800 Bt Ha J N 0CT22 JO) alongside 22.10/1330 BtHandiJav *****8 J01 alongside 22.10/2359 Bt MVS ri Ka 0CT23 J01 alongside754 words
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Article1793 1998-10-23 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Batanc* Rstls Ship Voy No Etb/Btr Period From To From Act DMi 00H 24/1200 1A 22/HOO 22/W9 22/1100 H 22/1900 22/1*59 22/1*00 2* 22/T700 23/0*59 23/0900 21 22/1700 23/0*59 23/0900 I 23/0700 23/1159 23/MOO 4 23/1200 21/1459 23/1700 AJMt*ya 21,793 words
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Article737 1998-10-23 39 THIS report, compiled by Coctett Marine Oil Ltd. •how* price ru(a la US dollar* instead of tingk price* far a more comprehensive description of the Prices shown are based on avsrage-tiaed stem Market movement* are Indicated The Coctett Buntor Price Indei change and the Individual chances737 words
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Article194 1998-10-23 39 Oct 23 Thailand: Chulalongkorn Day. Oct 26 Austria: National Day. Ireland Republic Of: October Holiday. New Zealand: Labour Day. Oct 28 Greece: Oxi Day. Oct 31 Finland: All Saint Holiday. Sweden: All Saints Holiday. Taiwan: Birthday of President Chiang Kai-Sek. Nor 2 Luxembourg: All Saints Day Holiday. Mexico:194 words
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Article486 1998-10-23 39 total Pel 15 Density W«t«c tesMue As* UitmMm l»«l»t baa «t/WI Vft M/M M/M mi —am rSO/CaMC Units Spec E25 991 1.0 ivo 0.10 80* o!io* Spec G35 991 tO W.Q 0.15 80* 0.10* northern Europe 180 Aw 98M o!i BJ 004 22 o!oT »0 Mix486 words
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AIR&LAND TRANSPORT NEWS
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Article, Illustration484 1998-10-23 40 Move will help carrier cut costs and boost sales in international flights Reuters [TOKYO] All Nippon Airways, Japan's second largest, said yesterday it plans to join the Star alliance of international airlines by October 1999. ANA would be the first— Reuters; FILE PHOTO - 484 words
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315 1998-10-23 40 Reuters [ST LOUIS] Trans World Airlines Inc said on Wednesday it is in talks with Boeing Co and Airbus Industrie on its future "new generation" aircraft needs. "We are in conversations with each Boeing and Airbus in regards to their new generation aircraft," saidReuters - 315 words
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166 1998-10-23 40 Reuters [HELSINKI] Finnish national carrier Finnair said on Wednesday it was likely to formally join the oneworld alliance of airlines this year. "After the board of oneworld made up of the heads of the founding airlines meets, probably during next month, IReuters - 166 words
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159 1998-10-23 40 AFP [JAKARTA] An Indonesian airline association has said it might scrap its plan to raise fares by 20 per cent in December if the rupiah continues to strengthen against the dollar, the Indonesian Observer reported on Wednesday. BennyAFP - 159 words
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Article, Illustration47 1998-10-23 40 [MICHIGAN] General Motors 'president Richard Wagoner Jr joins reporters after Motor Trend Magazine's announcement of the selection of the Chevrolet Silverado as the publication's 1999 Truck of the Year. The announcement was made at the General Motors Truck Product Centre in Pontiac. REUTERSREUTERS - 47 words
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126 1998-10-23 40 Reuters [HONG KONG] Hongong Dragon Airlines Ltd (Dragonair) said it was considering leasing out one of its new Airbus Industrie A 330 aircraft to other airlines to hold down costs amid the regional financial crisis. Dragonair is taking delivery of its sixth A 330Reuters - 126 words
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237 1998-10-23 40 Philippine Securities and Exchange Commission orders return of 2 jumbos AFP [MANILA] The Philippine Securities and Exchange Commission (SEC) on Wednesday issued an order to the US Ex-port-Import Bank (US Eximbank) to return two Boeing 747-400 jets seized from Philippine Airlines (PAL.) ButAFP - 237 words
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Article, Illustration528 1998-10-23 40 Bloomberg [LAS VEGAS] Bombardier Inc, the world's No 3 aircraft maker, said it plans to build a new medium-range business jet, challenging rivals such as Raytheon Co and Dassault SA in an already crowded market. The eight-seat Continental, Bombardier's third new corporate jetBloomberg; FILE PHOTO - 528 words
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Article1801 1998-10-23 40 orr fUCHT ETA FUQff ETO S0325 1710 N***** 2359 MM* AN8230 1910 OFM IMS S***** 2359 MOO WW FetooU S0969 T700 S0990 0115 Aanttrim N***** 07SS KIS44 0040 Guan*rho« HK S0803 INS CZ3S4 0910 SO327 07S5 GA974 2255 CZ351 2045 S0804 1020 KL83? >455 «U38 23001,801 words
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Page 25 Advertisements
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Advertisement23 1998-10-23 25 US airline mergers: regnlators stand in the way Expected move to block Northwest bid for Continental may signal halt to consolidation. Page 223 words
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Advertisement220 1998-10-23 25 Japan's ANA to join Star alliance by Oct next year Move will help carrier cut costs and boost sales in international flights. Back Page Shipping times Ship Repair Now Shipping Times is Proposed editorial Shipbuilding poised to deliver your highlights include: Special Feature advertising message right Prospects of the Monday,220 words
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Page 26 Advertisements
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Advertisement1061 1998-10-23 26 I NORTH AMERICA 1 1 EXPORT 1 I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DffMECT TO LA WEST COAST Of CENTRAL AMERICA {MARGARITA SERVICE) mat lia m. mm ok ui tncoon vissa Iwr Tin I nJMMLM/ÜBL rtuuau Iwbmvbitwu samlobbco SS ooaMnw n«4i 21/10 21/10 m/ii u/ii ~io7u ii/" n/u1,061 words
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Advertisement89 1998-10-23 26 SANKYU (S) PTE LTD I 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 J APAN POBTS Hong Kong A AM China Porta (KYKBY thuw m. «uw ve««gLi IVESSIL VOY HP SIN ETATYO nOoS ETA Y0« ETANGO ETAOSA MED TAICHUNG V.***** 2589 words
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Advertisement621 1998-10-23 26 Lines 4 services represented KOl Members at the Registry at Singapore Freight Forwaders Accredited Shipping Agents UUV Association Singapore Snipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUIX PROJECT CARGO TO DAM PIER/FRE MANTLE (MONTHLY SERVICE) MV "ARKTIS OCEAN V 9805 ETA SIN 27/10/98 BOOKINGS CALL JULIA/MONICA TEL 323 4374621 words
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Page 27 Advertisements
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Advertisement1057 1998-10-23 27 TO EUROPE FROM EUROPE VtSSII VOT SIN RTM ANR HAM WV SOU FXT LEH VtSSEI VQT RTM ANR HAM BBV SOU FXT UH SIN HY FEOCRAL 314W 26/10 12/11 14/11 17/1111/11 HYHBHNBS *****1/10 03/10 06/10 30/09 24/10 THAMES 551W 29/10 21/11 18/11 19/11 16/11 MAAS 5251 04/10 04/10 09/10 10/101,057 words
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Advertisement1989 1998-10-23 27 0 HANJIN SHIPPING HANJIN SHIPPING (S) PTE ITO tap //www honp cm IOOUNG 32M73S 237 SAUS 32*0224 231 OOCUMtm 3?«0?7I 274 OffUTtOK 32*0241 252 IMM UK *****55 fU ***** M a*o **********0 M TO NW USA A CANADA] USA CANADA' FM VSI/VOY RAM SM lH* HAIR/VOY SU TIW DO Si1,989 words
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Advertisement549 1998-10-23 27 iSfl VOY PRE VOY fflffi KH. DSN PUS VOY SIR JUT issr«- —T«»S immwtwt —f- WIBPIBItMIBa! SUS KMTCHONGKONG MMS 15/10 17/10 BR* 21/10 11/11 03/11 05/11 OR/11 Sfrtmimf, lift 109/11 f 10/11 01SS M IVTI kmtc pusan ~~~W loTio WWiWiiTiT WW ~wt| Mi IMi gllf MOWANU iss oi/ii 03/1) ISN549 words
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Page 28 Advertisements
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Advertisement1451 1998-10-23 28 DSR-SENATOR UNES TO UK/CONTINENT TO RED SEAMEDITERRANEAf^CANADA VtSSH VOY SIN LEH RTW MM MM WW FLX KWI VOY W Cff SPt FOt VLC MTW HAUM SAN FRANCISCO WW43 2018 06.11 Mll M.ll 10.11 11.11 11.11 PATHOS KNATOfI WM646 11.16 0411 Mil H.ll "iTTT "ifii" nuof stiENt wont aio ij.ii i«.n1,451 words
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Advertisement1064 1998-10-23 28 a■ MAC-MELS S'PflftE M'SIA I Carrier; MN CONTR LINES, INC P. GUDANG: (07) *****26 I i Pvv J OR MOs **********0 C SIBU: (084) *****9 MANILA: (632) *****24 V PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MOM: (61) *****3 KUCHJNG (082)1,064 words
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Advertisement638 1998-10-23 28 LINE wmi343»ttx»niain MUARA LABUAN ~~l vosa vor no ra vtssa vor no eta «OH MUAJU SPOK DM STMm HOPf VMt/W 23/10 17/10 UUUM-31 VIH/H 24/10 27/10 CMAKAMK-37 VlSf/90 24/10 11/10 CARAAA JNH-3? VIM/91 01/11 05/11 JJf**** 32 V1«/W°l/ll 0«/ll STRAITS HOP! V3OI/W 04/11 01/11 STSAITSHOPI V3OI/W 04/11 07/11 K.KINABALU KUCHING638 words
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Page 29 Advertisements
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Advertisement1502 1998-10-23 29 VCSSC- VOY SIN SIP PKG PEW PQB DUB SHJ BA BIK IRAN BABAEI PJL 1316 02/11 30/10 12/11 13/11 IRAN MATIN PJL 1319 15/11 24/11 i 26/11 IRAN HESABI PJL 1320 27/11 24/11 07/12 09/12 IRAN BAKERI PJL 1321 03/12 12/12 13/12 IRAN TAKHTI 09/12 19/12 20/12 IRAN SATARI 14/121,502 words
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Advertisement1992 1998-10-23 29 TO ISRAEL 1 IN 13 DAYS I EVERY THURSDAY 1 I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL: 226 1900 FAX; *****08 OUTWARD (l/l) *****02 JOHORE OFFICECOSTAR SHIPPING PTE LTD #i7-08msildg saus/ikgs 420sssz/60 inward dcpt (d/O) *****85 COSTAR AGENCIES (M) SDN BHD CR NO: **********0 M TOWER TWO (*****9) CONVENTIONAL1,992 words
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Advertisement663 1998-10-23 29 EASTERN CAR LINER, LTD. fJLi Ea (SINGAPORE) PTE LTD 11 1 SPECIALIZE IN RORO C HEAVY UfT UPTO 450 TOWS 1 ECL (SINGAPORE) PTE LTD LOAD NG FOR YOKOHAMA/OSAKA I PORT KLANG/MUARA MV "SPRING OCEAN" V.16 uw "ABLE LIEUTENANT" V 13 ETA SN 24/,^ B osk 6/1^ YOK 2/I /98663 words
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Page 30 Advertisements
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Advertisement1317 1998-10-23 30 SGP ROM ANW MSG THP ZEE LHV LHV THP RDM ANW HBG PKL SGP DECENT RW-006 24/10 IMI 17/11 13/11 13/11 10/11 17/11 E. RACER RE-024 *1/11 03/11 02/10 06/10 OS/10 2WIO 30/10 E DIAMOND RW 002 01/11 13/11 2VII 21/11 23/11 24/11 25/11 E. REPUTE RE-010 00/10 10/10 00/101,317 words
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Advertisement913 1998-10-23 30 f PACIFIC INTERNATIONAL UNES (PTE) LTD! I ilii 140 Cecil Street, #03-00 PIL Building, Sngapore *****0. CR NO: **********0E I Ittssa vot m m I fit sro n m UWA AUSTIAIiA 403 14/10 4/11 «7TI n/n i~i hwil I I ronrarcuM rrwoi; »7/To n)10 i/n 7/10 —nm —lift] —wV I913 words
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Advertisement534 1998-10-23 30 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vissa vot si puj out m cn km NAMIAJMAGON *009$ 29/10 07/11 11/11 14/11 15/11 mmirtwg mss 04/11 n/11 "ii/n" 22/11 mroyaus toaos m 21/11 ?yii "nTTT "w/ii" c/ 12 GOtDfll WA6OW im 21/11 38/11 04/1? >7/1? 00/1? MAMIAIfWKBS M2SS ?9/11534 words
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Page 31 Advertisements
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Advertisement467 1998-10-23 31 mm MYANMA Wttk FIVE STAR LINE (Myonmor National Line) v Loading for Yangon (Rangoon) VESSEL VOY SIN PKL PEN PGU MAWLAMYMC JOW SU) pmya is; sio MALAYSIA AGENTS: MUSTEAD SHIPPING AGENCIES KUL TH (03)*****00 PKL: TEL (03) 37M101 PEN: TEL (04)*****02 PGU: Ttl (07) *****21/4 BANK LINE <* A dr,w467 words
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Advertisement1476 1998-10-23 31 HMM^ HYUNDAI MERCHANT MARINE CO., LTD. I VEssa vorl sou i» rtm aw mam m Fa sm DANUK 541W 23/10 09/11 21/11 11/11 12/11 HY MGNNESS 31* 30/09 o*/10 01/10 03/10 24/10 TYNI 524W 23/10 12/11 14/11 09/11 11/11 MAAS 5251 01/10 09/10 04/10 04/10 27/10 HY FEDERAL 314W 24/101,476 words
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Advertisement979 1998-10-23 31 > spuookrvd oukxomen Wilhelmsen lines TO NORTH AND LATIN AMERia ROR O HEAYYUFT SERVICE* IVISSCI VOY RAMP HIIGHT SIN LAX CRI MIA SAV BAL ORF NYC NEW |MM TOM FBll 400T«h 6.3* "WTO" 25/11 0*712 077TF 09/12 11/12 12/12 13/12 18/12 If/11 TARONGA F822 400 Tom 6.3 M 11/11 10/12979 words
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Page 32 Advertisements
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Advertisement919 1998-10-23 32 BANGKOK/MAP TA PHUT/LAIM CHABANOI J A K ART A/PA N J A NO VESSEL VQY SIN BKK MTP LCH VESSEL VOV SIN JKT Tpjri MATHU BHUM 386N 24/10 28/10 DEJA BHUM 770S ~24/10 28/10 YANTRA BHUM" 263N 25/10 28/10 29/10 ANHO JAYAKARTA' 058 24/10 27/10 ACX RUBY 33N 25/10 28/10919 words
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Advertisement575 1998-10-23 32 INDONESIA NATIONAL LINE TO EUROPE n EXPRESS SEMI-CONTAINERISED SERVICE ~VU VOY pMH IA OAM/H DAM H lIIHG IHEMEM ANTWERP A VESSEL ?t/1? 25/12 OMIT PS/01 TO AUSTRALIA ~1 FULL CONTAINER SERVICE Wl ¥0Y PK 51 HK lIK SYO I MB. MA AOL FK PM NEDLLOYD MttSMNI 12S 2ZM ?*ld *1/11575 words
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Advertisement997 1998-10-23 32 VFSS|:,S SIN PKL MLA GOA LEH HTM ~HAM ZEE ~9QT VMXE P'AQUARIUS U2BW 28/10 10rt1 18/11 18/11 19/11 21/11 22/11 VB-LE PE AMTARES L2BW 03/11 16/11 22/11 24/11 25/11 27/11 2^ll VIiEOEVBQO S2BW 10/11 23/11 29/11 01/12 02/12 04/12 o^l2 VILE[IE<gIA N2BW 18/11 30/11 02/12 07/12 (XVI 2 09/12 11/12997 words
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Advertisement22 1998-10-23 32 CONVENTIONAL SERVICE LOADING FOR COLOMBO Accepting heavy lift Upto 60 ton* ETA 26.10.98 FCL/LCL WEEKLY SAILING TO BANGKOK/HO CHI MMH/HONG KONO/KEELUNOCAIJCUTTA/ KARACHI/JAPAWDURBAH^UDWAS^gYAXI-OMBO22 words
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Page 33 Advertisements
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Advertisement64 1998-10-23 33 Dial 740-6000 on demand —;Vr f (Retrieve more schedules!) Press «r CT Select the port and key in the four digit code eg: To New York (NYQ 2275 jfln Sl mi J Key in your fax number > v, SijßJj Enter your phone number Anotlw innovative service offered by The64 words
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Page 35 Advertisements
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Advertisement145 1998-10-23 35 f a—■ FREE Reader Enquiry Service cut out and fax to 65-*****29 > Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready hy: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a145 words
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Page 36 Advertisements
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Advertisement1008 1998-10-23 36 —SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 ■I^!^CA L LDIRECTLIW^ 2 2 229 41/43 JE^I C A /CE L |A /M E| CHAN 7 SLGS/WEEK 2 SLG/WEEK I VESSEL pVOY SIN ]~~JAK VESSEL1,008 words
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Advertisement1122 1998-10-23 36 CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI ACCEPTING »OTH SOC AND COC CONTAINER Ivnsn voTAGt eta smsaporl lu Colombo iu karaor m OOIHW n/10/W 17/10/98 01/il/W SHAUMAI 007HW OS/11/98 10/11/98 lyil/H SWAT 002HW 11/11/90 17/11/W 72/JI/W SHAUMAI 003HW H/11/W Ql/IZ/W Qt/U/9j SWAT 003HW 03/12/98 08/12/98 IVI2/98 ALSO ACCEPTING1,122 words
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Advertisement556 1998-10-23 36 rrrg Singapore Soviet Shipping CPL k\\« aNo IOO^OMOOOON k\\l Mdtline Shipping PI W33) aHiivsnjooNC VESSEL VOY SIN BOM PNG PKL BUXMOON 119N 26/10 03/11 14/11 15/11 KOTA RUKUN RKNOI7 31/10 08/11 18/11 20/11 KOTA RATU RTUO2S 07/11 14/11 25/11 26/11 VESSEL VOY SW CALCUTTA SIN HARI BHUM wiv 125-26/101 31/10556 words
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Page 37 Advertisements
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Advertisement907 1998-10-23 37 MICIC TRANSPORT SERVICE Ilvcsa voy mggg hok sK*t Ivcsa vov msfow wo InuAKtm [rasa vot rasrai poet khawc UDMORE 019 »/10(nK) 23/10 27/10 FttM* M 44 2S/10W0 26/10 M(( VANttGf 10*3 19/10 (MON) 22/10 Ofl** 9144 23/10(FRO 26/10 30/10 MOM W4S 01/11 (SIN) 01/11 03/11 XFtBSUYA ***** 21/10(WED) 2S/10 9144907 words
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Advertisement1563 1998-10-23 37 lotMEs* OTWU7 mo 1 on, 1 mi I iffi IZT squ jj mW, a Wo« NYK ANDROMEDA 06WA43 M.lO 14.11 1111 17.11 U.U POM ROTTERDAM 03EA39 MOO 7109 MJ* 0110 70.10 24.10 77.10 M.lO 2LIO jPOM ROTTERDAM 03WA44 05J1 1 11.11 an 2111 2111 CANOPUS 07EA40 04.10 0110 07.10 11.101,563 words
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Advertisement117 1998-10-23 37 SHIPPING CO, LTD. MULTI-PURPOSE VESSEL FOR RO/RO, CONTAINER I BREAK BULK CARGO vessel voy n sm jkt mi m jpn TIAMS PACIFIC 5 U 11/10 20/10 22/10 25/10 24/10 04/11 DELPtmUS S4 01/11 03/11 05/11 OS/11 09/11 If/11 TEAMS FUTURE 1 10 [00/H 10/11 [?4/ll" VESSEL VOY I SIN PK117 words
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Page 38 Advertisements
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Advertisement928 1998-10-23 38 |HmH| I~ VESSEL VOY SIN MAA SIN I TIGER PEARL 656N 26-27/10 31 06/11 10-11/11 I TIGER ISLAND 655N 29-30/10 03-09/11 13-14/11 I TIGER BRIDGE 657N 01-02/11 07-11/11 16-17/11 I TIGER BAY 658N 04-05/11 09-13/11 18-19/11 I TIGER PEARL 659N 10-11/11 15-21/11 25-26/11 I TIGER BRIOGE 661N 1617/11 22 26/11928 words
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Advertisement826 1998-10-23 38 J%. FREIGHT LINKS EXPRESS JM Tel: *****66 (60 Lines) Fox: *****33 E-moil: flesin@singnet.com.sg DIRECT SiRVICES BUENOS AIRES, MALTA, SANTOS (BRAZIL), SAN ANTONIA (CHILE), VANCOUVER, TORONTO, MONTREAL, PIREAUS, BARCELONA, VALENCIA, GENOA, LA SPEZIA FOR BOOKING, PLEASE CALL TEL: 1800-*****66 Qver«eo» Offices Hongkong *****113 flms®ai»oonlin«.n«t Port Kelang *****40 flemdtm.net.my Bangkok *****42 kunthidoefletfi.co.tfi826 words
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Advertisement1315 1998-10-23 38 OOCL (Singapore) Pte Ltd CFS Keppel Di&trpk 79 Amoa Rood #21-04 (S) *****6 Blk Sl3 #01-128 _l_ CR NO **********0H T«fc 272 7827 for booking Wi W: *****13 Fox 221 3942 F.i: 272 7825 Onent Overseas Container Line (R) j Z (Malaysia) Sdn Bhd (Reg No; *****2-U) co PFTAIING JAYA1,315 words
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Page 39 Miscellaneous
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Miscellaneous131 1998-10-23 39 LEGENO: R Thunderstorm Temperoture c A y Shower Weather Wmd direction with speed in knots ee Rom Cloudy Sky Wov h «'9 h Suffoce winds ore indicated by arrows which fly with the wind 0 One fun circle represents calm or kght and variable wmds One hoM Heche represents 5131 words
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Page 40 Advertisements
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Advertisement24 1998-10-23 40 E9 Cathay ►H Swir» Group c«fl your travel agent »r CadM? Pacific on 533-1333, SJO-5654 0r530-S6SS tod*?. «r fN -*wrTfeeifatn Terms 6c Condition* apply24 words
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