The Business Times, 25 November 1998

Microfilm: NL21356
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    14 1 MITA(P) 110/12/97 X 8 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg/ WEDNESDAY, NOVEMBER 25, 1998
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  • Article
    MARKET SUMMARY
    61 1 Dm MUM (+35.96) mm vr-ai U «J3 (+15.05) visDßcinmnDß U 212J2 (+7.67) STOCK HAIXET DOMES Tuesday Change KLSECOMP *mu NIKKEI 16,164.64 +J84.7# HANOSENO *****71 +337.18 SET INDEX 383.66 471 JAKARTA OOMP —426.08 -411 MANILA COMP _UML2§ +S8.99 TAIPEI WPI 7,4J6u84_+U3J* SEOULCOUP 460.78 *483 CLSA CHINA B _>jia33 AUST
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  • Article
    FINANCE
    76 1 ran inn uss ss USS IJ38 £(US$/SS per 1.662 17M DM 1.798 MM YKN IflJ IJ47* *M JJW a.ai iKS 7.744 «L2I2 MfT KZi IH6 MJHAH 0Q22 'SttolOCmUtj St to mrnUts- FUME IATBS SINGAPORE* 666 KUALA LUMPUR UJO JAKARTA BjM BANGKOK 14.75 MANILA 31M HONGKONG 16.26 TMPH BlM SYDNEY
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  • Article
    Businesses get surprise 10% tax rebate
    1288 1  -  6 percentage points of 10-point CPF cut to come from ordinary account By Anna Teo (SINGAPORE] Businesses will get a 10 per cent corporate tax rebate for Year of Assessment 1999 on top of a 10-point cut in CPF contributions for two years from
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  • Article, Illustration
    Lock icon Retail investors snap up JTC's $10m bonds in just 90 minutes
    618 1  -  Wong Wei Kong [SINGAPORE] Retail investors yesterday snapped up $10 million of bonds offered by Jurong Town Corporation in 90 minutes, a response which took the statutory board by surprise. Investors turned up at the three Citibank branches selling
    CHRISTOPHER LOH  -  618 words
  • Article
    Asian rally fuelled by Down's record
    273 1  -  Locally, Sesdaq leads the way with hi-tech counters rising AJB% By R Sivanithy [SINGAPORE] The rehabilitation of Asian equities continued yesterday, fuelled by an overnight record on Wall Street and hefty rallies in Japan and Hongkong. Here, small-cap electronics stocks traded mainly on Sesdaq
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  • Article
    Companies should be pleased with size of cuts: analysts
    404 1  -  By Ven Sreenivasan BUSINESSES should be pleased with the size and substance of the cost-cutting package unveiled by the government yesterday, according to analysts. Most of the analysts polled by BT said they were surprised by the magnitude of the cuts,
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      117 1 «hpb Pacific Ictanwt IPO Pacific Internet will make an initial public offer of its shares in the US to raise USs32.sm to USs37.sm, Pf 21 flMNTflftk The US economy grew at a slower-than-expected pace in the third quarter in the government's latest revisions, and corporate profits faltered, putting in the
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      33 1 Market reports, Pg 26-30 Singapore's 50 most promising, private firms will receive the A Enterprise 50 award today. J BT profiles the winners in a supplement tomorrow. FREE with your copy of BT.
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      102 1 Mora reports Commentary; Companies carVt rea*y ask for more, Py 2 ■JTC, HOB rent cuts, Pg 2 Substantial tax rebates tor companies, Pg 4 ■Text of BG Lee's speech, Pg 6 A 7 The sensation of time CONCORD. Watchmakers Since 1908 CONCORD swiss VENETO™ Time as a i v. experience...
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  • PARLIAMENT
    • Article, Illustration
      Lock icon JTC, HDB rent cuts to yield $306m savings for businesses
      637 2  -  Lower rates to be permanent; rent freeze for two years; 5.5% cap on increase Ity I Corinne Kerk LKSSEES and tenants of industrial land, factories and commercial properties owned by Jurong Town Corporation and the Housing Development Board (HDB) stand
      FILE PHOTO  -  637 words
    • Article
      Customs duties for cars, taxis lowered
      368 2  -  By< Christopher Tan ALL things remaining equal, car buyers could save about $2,000 on a model like the Toyota Corolla and $5,000 for the Mercedes E2OO, while a transport operator like Comfort Group is likely to save some $1.8 million a year. And going
      368 words
    • Article, Illustration
      Companies really couldn't ask for more
      789 2  -  COMMENTARY Even for those making losses, the steep cots will be the closest thing to manna from above By Patrick Daniel IT was quite unfortunate that in the past three weeks, 60 much of the noise on the need for cost cuts was over
      789 words
    • Article
      Give up idea of painless solution: Swee Say
      373 2  -  He tells bosses to be realistic and stop calling for more cats By. Anna Teo EMPLOYERS should stop calling for more cuts because a 15 per cent reduction in business costs is "already a significant achievement", labour MP Lim Swee Say said
      373 words
    • Article
      Foreign worker levy slashed for 2nd time
      392 2  -  levy maid levy stays By Carol Eng THE fcfeign worker levy for both-skilled and unskilled workers will be cut, with workers slashed across the board to $30 from < SlOQjjaid Deputy Prime istep-Lee Hsien Loong j —rtir day, TT W«i tTJhis is the
      392 words
    • Article
      $340m savings for SingTel users
      354 2  -  Telco gets TAS nod for cost-cutting measures By] David Boey SINGAPORE Telecom subscribers stand to save a total of $340 million from telecommunication charges a year, after a slew of rate reductions and discount schemes for telephone services take effect from next year. In a
      354 words
    • Article
      Lower electricity bills for homes and businesses
      236 2 HOUSEHOLDS and businesses will pay less for their electricity when the government's cost-cutting measures take effect on Jan 1 next year. Deputy Prime Minister Lee Hsien Loong said in Parliament yesterday that Singapore Power (SP) will increase the rebate on electricity tariffs from
      236 words
    • Article
      Savings of $32m a year for port users
      246 4 PORT users could save up to $32 million yearly, thanks to the business cost reduction package unveiled yesterday by the government. Contained in the package is an extension of the 20 per cent concession on port dues for containerships and harbour craft
      246 words
    • Article, Illustration
      Lock icon Govt unveils substantial tax rebates for companies
      535 4  -  These include 10% rebate for corporate income for' 99 assessment year By\ David Boey CORPORATE taxpayers can look forward to receiving "substantial tax rebates" from the government as part of a package of measures to help companies tide over hard times. This includes
      ARTHUR LEE  -  535 words
    • Article
      NTUC welcomes tiered pay cuts in civil service
      589 4  -  SNEF, SFCCI also call for senior managers to take deeper wage cats Byy Ven Sreenivasan Wong Wei Kong THE National Trades Union Congress has welcomed the National Wage Council's call for civil servants drawing higher income to take proportionately deeper wage cuts
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    • Article
      What they say
      343 4 "Rarely do you have the opportunity as you now have to see across-the-board cost cuts. It presents an opportunity for our members to deal with this recession in a very different way by retaining resources and staff you normally would have shed." Philip Overmyer, president of the
      343 words
    • Article
      Ministers to take 10% cut in salary
      565 4  -  Top civil servants will also get 10% pay cut; Div 111 and IV officers'pay cut 5% By< Carol Eng [SINGAPORE] The annual pay of ministers and top civil servants will be cut by 10 per cent, while those of junior officers at the
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    • Article, Illustration
      Lock icon Helping to make Singapore companies more competitive
      7133 6 We reproduce in full the speech by Deputy Prime Minister Lee Hsien Loong in Parliament yesterday, giving the government's response to the recommendations of the Committee on Singapore's Competitiveness SINGAPORE is facing its gravest challenge since Independence. As the regional crisis has spread
      FILE PHOTO  -  7,133 words
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      253 3 nearly forty when Palmer so to the game his bold play and telegenic charm, Nicklaus wielded his remarkable talent and concentration to rewrite the record AFTER NEARLY POUR DECADES OF COMPETITION, ARNOLD PALMER books. In latter years, the pair have AND JACK NICKLAUS HAVE BECOME H,IW JHV,n niwivi-HUJ nnvc, DE.WWITIE,
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      41 4 m W <11 This year's Enterprise 50 awards will be presented to the top 50 privately-held firms on 25 November. Hie Business limes celebrates Singapore's enterprising spirit in a special supplement on Thursday, 26 November, FREE with your copy of BT.
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      10 4 HOCK Takes you "VV" behind the news LOCK SIEW Theßusi.nessTimes
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  • SINGAPORE AT HOME & ABROAD
    • Article
      OUB last among Big Four banks to cut prime to 6%
      179 5 OVERSEAS Union Bank yesterday finally cut its prime lending rate by half a point to 6 per cent, in line with the other Big Four banks. It was the last among the five local banking groups to slash its
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    • NEWS Roundup
      • Article
        SM Lee discharged from hospital
        49 5 SENIOR Minister Lee Kuan Yew was discharged by Associate Professor John Wong from the National University Hospital on Monday, the Prime Minister's Office said yesterday. Mr Lee has recovered from his infection and wiU finish off his course of intravenous antibiotics as an outpatient.
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      • Article
        Vista Healthcare in clinical lab merger
        76 5 VISTA Healthcare Asia and Clinical Laboratory of Singapore are merging their laboratory business to create the largest non-hospital clinical laboratory group here. The new merged entity will be caUed Vista Clinical Laboratories, and is expected to have revenues of $7.3 minion annually. Vista is
        76 words
      • Article
        Northwest revamps WorldPerks
        66 5 NORTHWEST Airlines is revamping its World Perks frequent flyer programme as part of its announced aUiance with Continental Airlines. Among the changes: From Dec 6 (subject to regulatory review) World Perks members can earn miles on Continental, Continental Express and Continental Micronesia flights. Most of the changes,
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      • Article
        Kopitiam at Plaza Singapore
        46 5 KOPITIAM will be opening its third food court on Dec 4 in the newly-refUrbished Plaza Singapura. The $3-mUlion food court will be designed with an "adventure" theme. The 1,754-sq-m food court will have 30 food stalls and can accommodate over 800 diners.
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    • Article, Illustration
      Lock icon NUS, Georgia Tech tie-up to run logistics courses
      408 5  -  TLI-Asia programme will offer access to consultancy, workshops, research Ky\ Marissa Chew BY the year 2000, logistics companies in Singapore can look to The Logistics Insti-tute-Asia (TLI-Asia) for help in research, consulting and education opportunities. A collaboration between the National University of
      LIANHE ZAOBAO  -  408 words
    • Article
      Service sector income up 14% in '96
      241 5  -  Property, business services lead with $39.5b receipts By. Eugene Low THE service sector's operating receipts rose 14 per cent to $107.3 billion in 1996, compared to $94.3 billion in 1995, a survey by the Singapore Department of Statistics (DOS) has found. Operating receipts
      241 words
    • Article
      Private consumption seen falling
      335 5  -  EYE ON THE ECONOMY Outlook By. Audrey Tan ECONOMIC forecasters expect private consumption to contract 0.6 per cent next year, a survey by Consensus Economics shows. The London-based agency polled 13 financial institutions early this month and found that most expected poor domestic demand to lead
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      347 5 BOSS I eel the element ill liii' <ii!<iin Opportunity For A Financial Pnfmmal A Eligibility Above 21 years oU with no formal academic An internationally recognised professional qualification. qualifications required or May be pursued on day or evening basis. 2 'A* level passes or 3 Consists of 14 papers examined
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      278 5 THE SPLENDOUR OF A TRUE MASTERPIECE LASTS FOREVER For over 150 years, Cartier has been synonymous with the finest I and most exclusive jewellery, timepieces and luxury accessories, I many of which have been sought after by collectors and admirers I around the world. I a > Today, with the
      278 words
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      118 8 Present real-time graphics over the Internet with Distance Presentation from Sing Tel World Conference. s ance resen^a^'on e nables you to expand your teleconference one seamless presentation. nto a ve nteract ve multimedia presentation. < This helps you bridge the gap between you and all your international JjjMk s nevy
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Worst of Asian crisis may be over, says ADB
      436 9 Growth in 23 developing countries in region expected to rise to 3.4% in 1199 FT [MANlLA] The worst of the economic crisis seen in Asia over the past 18 months may be over, the Asian Development Bank (ADB) has forecast. Jungsoo
      FT  -  436 words
    • Article
      Fitch reaffirms Public Bank's adequate rating
      465 9  -  It's healthier than peers, with poss NPLs of 4.9%: agency By' Walton Morais [SINGAPORE] International rating agency Fitch IBCA has reaffirmed its adequate C individual rating for Malaysia's Public Bank, according to a statement released yesterday. It also reaffirmed the bank's 2T support rating
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    • Article
      Lock icon M'sia forex controls to stay, investments up
      233 9 AFP [KUALA LUMPUR] Malaysia's Deputy Finance Minister Wong See Wah said yesterday that exchange controls introduced in September would remain in force despite assertions that their removal would encourage foreign investment. "Those suggesting (foreign direct investment) would increase upon immediate withdrawal of the
      AFP  -  233 words
    • Article, Illustration
      Lock icon Tsang sees weak HK economy in next 6 mths
      263 9 Reuters AFP [HONGKONG] Hongkong Financial Secretary Donald Tsang said yesterday the territory could expect a weak economic performance in the next six months despite a pick-up in property and stock markets. "We will continue to see some very conflicting signals in
      Reuters; AFP  -  263 words
    • Article
      Lock icon More Japan banks ask for funds; most warn of losses
      498 9 Even IBJ asks for 600b yen; but analysts say banks acting too slowly AFP (TOKYOI More major Japanese banks put their hands out for public money yesterday and nearly all warned they would slump into the red this year as
      AFP  -  498 words
    • Article
      Lock icon Indon businesses seek Japanese debt restructuring
      378 11 Cats in sums owed, conversion of debt into equity among proposals made AFP [JAKARTA] The Indonesian Chamber of Commerce and Industry (Kadin) is asking Japanese creditors to restructure, cut and grant extensions of loan repayments for indebted private companies, the organisation's chairman said yesterday.
      AFP  -  378 words
    • Article
      Lock icon Jakarta to hive off six state firms by March
      225 11 Plan downscaled to 6 from 12 firms with govt under less pressure to sell AFP [JAKARTA] Indonesia, in agreement with the IMF, will privatise six state firms in the fiscal year ending March, downscaling its plan to sell equity in 12
      AFP  -  225 words
    • Article
      Lock icon S Korea to spend US$30b in H1 to push economy
      272 11 Bloomberg [SEOUL] The South Korean government plans to spend about US$3O billion (5549.1 billion most of its budget for investment projects in 1999 in the first six months of next year to help speed up an economic recovery. "We want
      Bloomberg  -  272 words
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      144 9 1 <%. .+> «<•* -«r» ».,4 I- vr.r*-* **<**■ -Hf-Jf* iMkW ,1 it. iijj»»i«^. >, ■,< •»*>,■.» <**'■■" -.VW -■•>.. > I <>» »M>eHefcijeM|fc A -A. 3'*' •«.•>■■ ♦wadj^n^i .>• *> •>, V VK* I 4. i. !<>■»■» O 1098 Weetln Hotels Resorts Mm»f# *i. .•*-..•,>• j*H <r v»«r/» •««,---s^..
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      117 10 tjf* J? Liberate company can take you approaches to company by ways of thinking. Telstra gives you freedom to discover unexplored opportunities. FTe dig deep, asft to improve your ".'iSSfe We've already liberated more than 200 of the .v5 Fortune 500 companies by thinking beyond technology. We can do the
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      524 11 v Our clients expect the best private bankers to be working with us. So do we. Being the world's largest private bank, and To offer this level of service we focus on the world's largest asset manager, makes one asset that* a key investment for us, us count. and for
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Cabinet colleague prompted Anwar probe
      535 12 ANWAR'S TRIAL Minister turned over letter accusing ex-deputy premier of sex crimes to police Reuters [KUALA LUMPUR] Malaysia's police chief ordered an investigation into former deputy prime minister Anwar Ibrahim after one of his cabinet colleagues turned over a letter accusing him of sex crimes,
      Reuters  -  535 words
    • Article
      Indon student movement could fizzle out: analysts
      578 12  -  Groups seen to be fragmented with internal conflicts From Shoeb Kagda in Jakarta AS thousands of student demonstrators kept up their pressure on the Habibie government by continuing their protest movement into the third straight week, political analysts expressed reservations on their ability
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    • Article
      Lock icon Suharto's son questioned for 2nd day
      307 12 MJAKARTA AFP THE youngest son of former Indonesian president Suharto, Hutomo "Tommy" Mandala Putra, reported to the Attorney General's office here yesterday for a second straight day in connection with a multi-million dollar land scam, reports said. The state Antara news agency said Mr
      AFP  -  307 words
    • Article
      Lock icon M'sia group denounces arrest of activist
      247 12 KUALA LUMPUR AFP A COALITION of Malaysian opposition parties and nongovernment organisations yesterday denounced the weekend arrest of its chairman and called for him to be either immediately released or charged in court. "We believe that Tlan Chua is being persecuted because he dared
      AFP  -  247 words
    • Article
      Lock icon E Timor students protest over alleged killings
      289 12 JAKARTA Reuters AFP MORE than 2,000 students protested in East Timor's capital yesterday demanding a probe into allegations of a massacre of up to SO people in the disputed territory. Witnesses in the capital Dili said students occupying the local Parliament building were
      Reuters; AFP  -  289 words
    • Article
      Lock icon Indonesia not held together by military: Habibie adviser
      378 12 SINGAPORE Sliq suggestion as myth The Straits Tima PRESIDENT Habibie's special adviser yesterday dismissed the "myth" that the Indonesian military is the only force holding the country together. Replying to a question on whether the country would break up without the armed
      The Straits Tima  -  378 words
    • Article
      Lock icon KL minister blames US for Indon unrest: reports
      287 12 KUALA LUMPUR AFP MALAYSIAN Information Minister Mohamed Rahmat has blamed the US for stirring up the latest unrest in Indonesia, newspapers reported yesterday. "We are surprised that the problems in Indonesia have suddenly taken a turn for the worse sifter (US Vice-Presi-dent
      AFP  -  287 words
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      241 12 Drink Your Nay To Healthy Savings! <QSSSD natural mineral water and HIE pure distilled water now come with a wider range of dispensers designed to fit any living or working space! On top of the premium quality standard that y—. you can be assured of from Wanin Industries, you can
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      134 13 6 Days of Exceptional Opportunity Mondial Year-End Exhibition and Sale. The Grand Hyatt, Mezzanine Floor. Today Till Monday Only, 11am Bpm. The widest array of stunning jewellery especially grouped for your easy selection. Diamonds, Emeralds, Rubies, IMI Sapphires, South Sea Pearls... select pieces fashioned in 18-karat gold. In incomparable, versatile,
      134 words
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  • CHINA HONGKONG TAIWAN
    • Article
      Lock icon Rising Western investments send FDI in China up 1%
      462 14 BEIJING But economists warn *99 could see downturn if funds are drawn to other Asian nations Reuters CHINA'S foreign direct investment edged up in the first 10 months of this year, buoyed by rising investment from Western countries, the trade ministry
      Reuters  -  462 words
    • Article
      Lock icon Beijing wants Tokyo to keep pledges on Taiwan
      389 14 BEIJING But it does not insist on formal support for 'three no's'policy AFP CHINA demanded yesterday that Japan honour its commitments on Taiwan but did not insist that Tokyo formally supports its "three no's" policy during Chinese President Jiang Zemin's upcoming state
      AFP  -  389 words
    • Article, Illustration
      Lock icon Shoppers welcome but shops stay closed
      94 14 [BEIJING] Despite inviting signs welcoming shoppers, most shops remained empty or closed in one of Beijing's newest and most modern shopping and business complexes yesterday. Chinese Premier Zhu Rongji, however, has said China can achieve its economic growth target and ensure a smooth reform
      AFP  -  94 words
    • Article
      Lock icon Beijing to launch new fuel tax in Jan: report
      165 14 BEIJING AFP CHINA is likely to introduce its contentious fuel tax, aimed at replacing a slew of fees imposed on car owners, in January, a newspaper reported yesterday. "There is hope that the reform to convert fees on cars into taxes
      AFP  -  165 words
    • Article
      Lock icon China looking at securitising loans to cut bad debt
      354 14 BEIJING Institution may be set np next year to manage risky assets Reuters CHINA is considering the possibility of securitising loans of its commercial banks to reduce bad debts, the Financial News said yesterday. A two-day seminar on the subject was
      Reuters  -  354 words
    • Article
      Lock icon Chinese newspaper calls for increase in gold reserves
      285 14 SHANGHAI Reuters CHINA should increase gold reserves to help diversify the nation's foreign exchange holdings, the official Financial News said yesterday. China's gold reserves stood at 12.67 million ounces at the end of September, unchanged from the end of last year, official
      Reuters  -  285 words
    • Article
      Lock icon China plans to open up more sectors to foreign investors
      235 14 BEIJING They include mineral resources, services, tourism and shipping AFP CHINA is planning to open up more industries to foreign investment and direct participation. official media reported yesterday. "We want to attract foreign investment in mineral resources and gradually open
      AFP  -  235 words
    • Article
      Lock icon Taiwan growth seen slowest since '85; GDP in Q3 up 47%
      249 14 TAIPEI Bloomberg TAIWAN'S economy grew 4.66 per cent at an annualised rate in the third quarter, the government said, all but insuring that Taiwan this year will post its slowest growth since 1985. Taiwan's gross domestic product the total
      Bloomberg  -  249 words
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      85 14 1 "7 irlrllii ÜBl4smtao HI "f i o.smm Ball 1" Bill If 77ie smoothest-Writing M I c j 1 roller pen now features f a textured rubber! grip H for greater contfofyand? H control. Sothdtyoucan H write bnjgerwith less H j%\ II Also available wm II jjiinii I 7mmßall f
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      142 14 Sup«fb Location djttt f\T7DG Next to SINGAPORE EXPO and CHANGI JIjIXO BUSINESS PARK i -pi -m ir l I 3 minutes drive to CHANGI AIRPORT &10 h I K h minutes to the CBD via PIE ECP I j J_ XmJQj Easily accessible from the Simei and Tanah J 1
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  • ASIA
    • Article
      Lock icon South Asia to double items for preferential trade
      273 15 KATHMANDU Reuters SOUTH Asian nations have agreed to more than double the range of products for preferential trade, in a move towards establishing a free trade area in the region, an official said yesterday. Amit Dasgupta, director at the Kathmandu-based secretariat of
      Reuters  -  273 words
    • Article
      Indian govt opens insurance industry to foreign companies
      465 15  -  Foreign equity participation capped at 26%; life sector liberalised too From Rajendra Bajpai in New Delh i THE Indian government has opened up the insurance sector to foreign companies but capped their equity participation at 26 per cent. The development has been
      465 words
    • Article, Illustration
      Lock icon Dedicated to the one I love
      54 15 [SYDNEY] A man writing a message to a friend who diedfrom Aids on an illuminated board at the annual Candlelight Aids Memorial held over the weekend. The memorial march commemorates the 10 million young people living with HIV/Aids globally and promotes World Aids Day
      AFP  -  54 words
    • Article
      Lock icon Korean mining rights for foreigners soon
      162 15 mSEOUL Deregulation aimed at attracting more foreign capital Bloomberg THE South Korean government will allow foreign companies to hold ownership rights for developing mineral resources in Korea as part of efforts to attract more foreign investment. The new regulation is included in a package
      Bloomberg  -  162 words
    • Article
      Lock icon Kim Dae Jung hits out at delays in chaebol reforms
      353 15 SEOUL Banks most posh for action or face second crisis,hewarns AFP SOUTH Korean President Kim Dae Jung spelled out a tough policy yesterday against foot-dragging on reform by incorrigible conglomerates, prodding banks to snap into bolder action. "The international community
      AFP  -  353 words
    • Article
      Lock icon Banks in Sri Lanka resist moves to probe accounts
      160 15 COLOMBO AFP FOREIGN and local banks in Sri Lanka are resisting government moves to probe account holders with more than 100,000 rupees (552,200) in savings, press reports said yesterday. The influential Banks Association, in a letter to the Inland Revenue Department
      AFP  -  160 words
    • Article
      Lock icon LDP, Liberal Party in talks to reconcile policies
      394 15 TOKYO LDP members say sales and income tax cats being negotiated Bloomberg JAPAN'S ruling Liberal Democratic Party and the opposition Liberal Party have started negotiations aimed at reconciling their policies ahead of the launch of a coalition government in January, senior LDP
      Bloomberg  -  394 words
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      138 15 HOCK LOCK SIEW Takes you behind the news TheßisinessTimes FESTIVE SET MENUS WITH THE INNOVATIVE XIN TOUCH *•%*> FROM IS NOV 'Xin' means new. 'Xin' means innovation. Choose from 4 sumptuous yet Add a special touch to your festive celebrations offorooble Menus, with Xin's innovative Festive Set Menus a g
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      6 15 The Straits Times Classified Where cats
      6 words
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  • THE WORLD
    • Article
      Lock icon US economy grows less than expected 3.9% in Q3
      477 16 WASHINGTON Consumption leads growth but weak profits, trade deficit will hurt: economists Bloomberg THE US economy grew at a slower-than-expected pace in the third quarter in the government's latest revisions, and corporate profits faltered, putting in the weakest annual performance in
      Bloomberg  -  477 words
    • Article
      Lock icon US stocks surge on merger-fuelled rally
      329 16 NEW YORK Sow's record close on Monday quashed fears of bear market Bloomberg US stocks surged on Monday in a takeover-fuelled rally, propelling the Dow Jones Industrial Average to a record high and quashing fears that the 1990s bull market was over. The Dow
      Bloomberg  -  329 words
    • Article, Illustration
      Lock icon Dow shall not play follow-the-leader
      61 16 [FRANKFURT] A share trader gesturing while putting in an order during the morning session at the Frankfurt stock exchange yesterday. European stock markets baulked at prospects of following the Dow's leap to an all-time high, with shares slipping amid concerns they look expensive after weeks
      REUTERS  -  61 words
    • Article
      Lock icon US bankruptcies heading for record
      209 16 WASHINGTON Bloomberg US bankruptcy filings rose 5.1 per cent to 1.4 million for the 12 months ended Sept 30 as a surge in personal bankruptcies left filings on a path to break last year's record total. The American Bankruptcy Institute, a non-partisan research group, said
      Bloomberg  -  209 words
    • Article
      Lock icon World growth will halve to 1.7% next year, says study
      265 16 LONDON Reuters WORLD economic growth will halve to 1.7 per cent in 1999 from 3.5 per cent this year, with the chance of a global recession significantly higher than at the start of the year, two British think tanks said
      Reuters  -  265 words
    • Article
      Lock icon IMF says no to new Russian financial lifeline
      174 16 MOSCOW AFP Bloomberg A TOP International Monetary Fund mission left Moscow yesterday having refused to extend a fresh financial lifeline to the Russian government which is desperately short of funds. Russian cabinet ministers pressed the IMF team to reschedule repayment of nearly
      AFP; Bloomberg  -  174 words
    • Article
      Lock icon Brazil GDP will shrink 4.3% in '99: J P Morgan
      193 16 ■SAO PAULO Bloomberg J P Morgan Co said Brazil's economy will shrink 4.3 per cent next year, worse than previously expected, because interest rates aren't likely to fall enough to boost growth. The US bank had previously predicted a decline
      Bloomberg  -  193 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      59 16 From Wall Street to Church Street... W (t Mi i imk our new home iti Singapore. I 23 Church Street #16-01 Capital Square Singapore *****1 MORGAN STANLEY DEAN WITTER Amsterdam Bangkok Beijing Frankfurt Geneva Hong Kong Johannesburg London Luxembourg Madrid Melbourne Milan Montreal Moscow Mumbai New York Osaka Paris Sio
      59 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Why global financial panic is not yet over
      870 17  -  THE BOTTOM LOVE OPINION By Paul Samuelson The writer is an economist at the Massachusetts Institute of Technology. This commentary first appeared in The Los Angeles Times WHILE the US Congress fiddles polemically about President Clinton's personal life, America's Federal Reserve and
      870 words
    • Article
      IN OTHER WORDS
      78 17 'I believe that the interest to impeach the president is running out of gas.' Jack Qmnn Republican representative from New York, on the move to impeach United States President Bill Clinton. 'Capital will move anywhere in the world where it can make maximum profit. Money has no
      78 words
    • Article
      Clinton, the master politician
      592 17 EDITORIAL PRESIDENT Bill Clinton's recent foray to East Asia took place amid signs that he was consolidating his standing at home while projecting US power abroad by forcing Iraq's Saddam Hussein to back down on United Nations weapons inspections and advancing efforts to deal with the
      592 words
    • Article, Illustration
      Lock icon Attention: scarce resource in the new information age
      1183 17  -  ESS Economists View Businesses with the winning edge will be the ones that are able to get or supply the right attention By Wong Poh Kam IT HAS become a cliche to speak of the ascendancy of the information economy, what with
      FILE PHOTO  -  1,183 words
    • Article
      WHAT THE OTHERS SAT
      345 17 Mo rush to privatise THE privatisation of publicly owned companies is usually justified by the need for more efficient and accountable management and for better, more competitive and more courteous service. In theory, the chance to fill the government's coffers is an incidental bonus... In practice,
      345 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      65 17 I WORKING HARD AT KEEPING UP WITH I I THE DAY'S MARKET ACTIVITY. I I ASIA MARKET WRAP, a programme that provides an insightful summary of A I the day s share market performance and its impact on Asia. Weekdays at 6pm. I CNBC I I B ASIA J PS
      65 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Giants shake up the herbal business
      969 18  -  iiwcBBLLB fat ooeib finds big drug makers muscling in on the action as > disenchanted baby boomers turn increasingly to herbal medicine MICHELLE FAY CORTEZ Bloomberg OWERHOUSE pharmaceutical companies are shaking up the multibillion-dollar herbal remedy market, lending their technology, their brand names 'and
      Bloomberg; FILE PHOTO  -  969 words
    • Article
      Lock icon Sugar's not-so-sweet side — it could age you
      338 18 Sugar's not-so-sweet side it could age you HEALTH Reuters [WASHINGTON] Rats that eat high levels of a natural sugar known as fructose seem to age faster than other rats and the same could be true for people who eat too much sweet junk food, Israeli researchers said on Monday. Fructose,
      Reuters  -  338 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      217 18 I i Solid waste removal Bulky waste removal Mechanical sweeping of roads, parks, industrial parks, large paved areas and car-parks Sale and rental of a wide range of refuse bins Sale and rental of mechanised waste storage and handling equipment Sale and rental of the Green i Machine, a ride-behind
      217 words
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      Page 18 Advertisements Column 2
      469 18 INDONESIA COLLAPSE OK RECOVERY? EITHER WAY SHOULDN'T YOU BE PREPARED? THE INDONESIA BUSINESS FORECAST A FOKITM THAT EXAMINES INDONESIA'B ECONOMIC AND POLITICAL FUTURE, AND ITS IMPACT ON SOUTH EAST ASIA 3RD DECEMBER I*9B SINGAPORE THE WESTERN STAMFORD IF YOU KNOW THE SCENARIOS YOU CAN MAKE THE PLANS! The Business Forecast
      469 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      598 19 IMi't (N Imm? Imiit in Cats' Mews/ Citik Ctft 1 Mm i« Unity ClassifitJ tkii «ttkttJ. J CATS. Where to wine, dine and entertain... ""t New Purchases Insurance. 29( 4545 j «i m&tw (jjuff) Jirs t-Of-^Dt's-Kmd UNLIMITED ITALMK^^ Over 50 choices soup, main courses and desserts. Lunch at s$ J
      598 words
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      Page 19 Advertisements Column 2
      97 19 24-hour Coffee House Ist floor The CHicken Rice Capital Of The World > <** 335 Orchard Road. Singapore *****7. Tel: 737 AAII TVmrs>*y, Z6H\ Th*HV*flivi»vfl feu£PeV Creom o< Pumpkin Soup with Honey. Carved Roost Turfcey with Homemade Stuffing. Ice Chilled Oyster*. Prowns Baby lobster. Deep Ron Apple Cinnamon Pie. 32
      97 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      757 19 TVVRADIO 8.00 showbuzz Prte»u 9.00 Talking Point. PM Response TV. 2-30 PM TV Innovations. 9.30 Buffy The Vampire TV Innovations. 4.00 Kidz Blitz: Sesame Slayer Ted. 4.00 Littlest Pet Shop. Street. 10.30 News 5 Tonight (in- i m Saltv's Lighthouse V 5,00 Rj?, U^s?^f aniCSFOr F? din il r Hi
      757 words
    • Miscellaneous
      Page 19 Miscellaneous Column 2
      145 19 CRYPTIC CROSSWORD 26 Evangelist enthusiastic? Not very (8) be disciplined (9) YESTERDAY'S SOLUTION 8 One digging for plate (8) Idlollleßclolnltlelsltlalnltl uwrf 13 Tense supporter of high- M Mil Ml M"'IMB IM I W 1 1 2 Add some fizz taking a wire act (9) long time, note (6) 14 After
      145 words
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  • WIRED FOR BUSINESS
    • Article, Illustration
      Lock icon When bills bring Net gains
      688 20  -  Internet billing starts here in January. For customers, the service opens windows for further transactions and flexible payment packages; for businesses, it yields new revenue streams and cost savings, says tob ham sam TOH HAN SHIH INTERNET billing, soon to be launched in Singapore, will
      Source: NETS  -  688 words
    • Article, Illustration
      US software supplier to invest US$25m in S'pore
      399 20  -  Candle bullish about Asian growth with new Net-based solutions By\ Raju Chellam [SINGAPORE] One of America's leading independent developers of software solutions for networked businesses, Candle Corp, plans to invest about US$25 million (5540.9 million) over the next couple of years in
      399 words
    • BOOK marks
      • Article
        Word power on the Web
        81 20 LOOKING for a word? Can't think what some long words mean? One Look Dictionaries may well offer the answer. The site says it has indexed 2,052,658 words in 418 dictionaries from around the Net and all it takes is to enter the word and click
        81 words
      • Article
        Online business service at e-Club
        70 20 THE World Chambers Network has just launched a new online service called e-Club. It is designed to help members with compatible business interests to find each other on the Web. Investors can find investment opportunities, and companies can find investors and potential markets. All the
        70 words
      • Article, Illustration
        Look no further for style
        82 20 IF you are looking for style, then look no further than your desktop. Just go to www.stylesurfers.aMn.Bg. Style Surfers offers information on local fashion, music, food, health, cosmetics, people, and parties for the discerning Net-surfers out there. A special features section also offers advice on
        82 words
      • Article
        Design-and-build tips
        58 20 IF you are creating a Web site ft* your company or just having fUn building a small homepage for yourself, then browse through "Web Wonk". It offers useful tips on subjects such as spelling in cyberspace, the use of images and colours, and how to set up your
        58 words
      • Article
        Help for job seekers
        51 20 IN these times of recession and retrenchment, job-hunting can be difficult You can now do some of your leg-work online at the "Singapore Job and Employment Jobßank". The site offers openings in eight different categories and currently has 37 companies with openings advertised. Job hunt at:
        51 words
      • Article
        Victoria and Albert Museum's Web site
        56 20 CULTURE Is never fat away on the Net. The Victoria and Albert Museum—the largest museum of the decorative arts in the world has its own Web site at www.vam ac.uk The extensive site offers a mixture of interactive exhibitions and general information about the
        56 words
      • Article
        Putt around on GolfWeb
        79 20  -  OomgSMLbf, Justyn Olby IF you enjoy a round of golf, or you're a fanatic supporter of the game, you can putt around GoifWeb. The site bills itself as "everything golf on the World Wide Web" and it certainly tries to live up to its tagline. The
        79 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      316 20 (©e-business tools I I COMPETITIVE. ThinkPad 380Z All-in-one integrated PC 300GL microtower Intel* Celeron'" TFT Rat Panel Monitor 15" TFT LCD design Pentium' II processor 233 MHz, processor 300 A MHz. 32M8 SDRAM. Monitor. VGA. SVGA. XGA. 1024 x 768 lAIf% I I I I IVI 32 MB RAM, 13.3"
      316 words
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      Page 20 Advertisements Column 2
      6 20 brought to you by =£fs "s®
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  • COMPANIES & MARKETS
    • Article
      Electronics stocks power ahead, driving index up 4.8%
      353 21  -  Gains fuelled by liquidity, positive US news; longer-term uncertain: analysts By, Jennifer Lien {SINGAPORE) Electronics stocks continued their surge yesterday, as rotational interest drove investors into the relatively-undervalued sector. The SES Electronics Index soared 4.27 points, or 4.8 cent, to 93.39 points
      353 words
    • Article, Illustration
      Lock icon Himsci volume surges 41% to 951 lots on strong Wall St
      288 21  -  Rival contract on HKFE sees 29% rise in turnover By\ Siow Li Sen [SINGAPORE] Helped by Wall Street's strong overnight performance, volume in the Hongkong stock index futures contract, the Singapore International Monetary Exchange's latest baby, jumped 41 per
      FILE PHOTO  -  288 words
    • Article, Illustration
      Lock icon Thai rally spurs up to 66% rise in TAC
      229 21  -  Ny David Boey SPURRED by the Stock Exchange of Thailand's (SET) rally, shares of mainboardlisted Thai telecommunications company Total Access Communications (TAC) has gained close to US$l, or 66 per cent, in intraday trading since last Thursday. Until last Thursday, TAC
      Source: Bloomberg  -  229 words
    • Article
      ST Engineering: a defensive play that's had its day?
      664 21  -  HOCK LOCK SXEW Louis Beckerling THE sea change in the investment mood on the Singapore market since the end of September is reflected in the relative price performance of ST Engineering. Defence-related and defensive by appeal as far as investors are
      664 words
    • Article
      Pacific Internet to raise up to US$37m in Nasdaq IPO
      452 21  -  Offer to be priced at up to US$l5; parent SCI shares surge Byi Conrad Raj [SINGAPORE] Pacific Internet. Singapore's largest Internet service provider, will make an initial public offer of its shares in the US to raise U5532.5 million to
      452 words
    • Article
      Progen, Datapulse placing out shares to raise funds
      158 21 (SINGAPORE) Progen Holdings and Datapulse Technology announced yesterday share placements to raise funds for working capital and for business expansion. Progen said that it plans to place out 11.9 million new shares at $0.45 each through Lum Chang Securities to raise about
      158 words
    • REGIONAL COMPANIES
      • Article
        Lock icon China Everbright sells stake in China Telecom
        337 22 Bloomberg [HONGKONG) China Everbright Ltd said yesterday it has sold a third of its holdings in China Telecom (HK) Ltd for HK$B3B million (*****.2 million) to reduce debt. Hongkong-listed China Everbright, a China-backed investment company, sold 57.25 million China Telecom shares in the
        Bloomberg  -  337 words
      • Article
        Lock icon Daihatsu interim net drops 43%
        244 22 Bloomberg [TOKYO) Daihatsu Motor Co, a Tojrota unit, said half-year profit tumbled 43 per cent as recession crimped sales of its smaH cars and trucks. Parent net profit at the maker of Terios cars fell to 1.9 billi<sn yen (Ss26 million), or 4.48 yen per
        Bloomberg  -  244 words
      • Article, Illustration
        Lock icon CDL Hotels eyeing acquisitions in Asia
        442 22  -  Group aims to take 100% stake or secure management rights with 20% interest liy Ang Wan May [SINGAPORE] CDL Hotels International is looking for hotel acquisitions in Seoul, Tokyo and Bangkok to grow its portfolio of 66 hotels. The group intends to acquire a
        SIEW YAW HOONG  -  442 words
      • Article
        Low Keng Huat eyes Aussie hotel
        204 22 [SINGAPORE! Low Keng Huat has bought a 75 per cent interest in Pyline Pte Ltd for the purpose of acquiring Melbourne's Heritage Hotel for As 34 million (5535.6 million) cash. The stake, comprising 750 ordinary shares of $1 each fully paid at par for
        204 words
      • Article
        Lock icon Siam Syntech seeks to waive profit promise
        196 22 Bloomberg [KUALA LUMPURI Thailand's Siam Syntech Construction pic, a major shareholder of Malaysia's Plantation Development Corp, is seeking a waiver from its obligation to guarantee the plantation and property company's future profits. Siam Syntech, a construction company, which owns 14.8 per cent of
        Bloomberg  -  196 words
      • Article
        LKN unit opts for liquidation following judgement
        269 22 [SINGAPORE] Hotel Equatorial Pte Ltd (HEPL), a whollyowned subsidiary of Lim Kah Ngam (LKN), is throwing in the towel after being slapped with a judgement on its debts. LKN said HEPL's directors decided to liquidate the company by way of a creditors' voluntary
        269 words
      • Article
        First Pac pays 29.7b pesos for 17.2% stake in PLDT
        329 22  -  From. Al Labita in Manila HONGKONG-listed First Pacific Co Ltd yesterday took over the Philippines' largest telecoms firm after acquiring a 17.2 per cent stake for a hefty 29.7 billion pesos (Ssl.2 billion). "This is now our largest single long-term
        329 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon AOL aims to become top Net media, e-commerce company
        749 23 AOL-METSCAPE DEAL Its side deal with Son will help it take on Microsoft in the desktop arena NYT [NEW YORK] America Online Inc (AOL) wants to become the "next Microsoft" in two promising informationage fields where Microsoft Corp is just another
        NYT  -  749 words
      • Article, Illustration
        Lock icon News Corp sets sights on Italian pay-TV in start of Europe push
        648 23 Move aims at filling gap in group's global operations: Murdoch Reuters [LONDON] Media mogul Rupert Murdoch on Monday raised News Corp's flag in mainland Europe, taking aim at the Italian pay-TV market as part of a push to
        Reuters; REUTERS  -  648 words
      • COMPANY Briefs
        • Article
          Lock icon Thomson wins Ffr2b S African order
          83 23 Bloomberg [PARIS] Thomson CSF, Europe's largest defence-electronics company, said it expects to reap about 2 billion French francs (*****.4 million) from a South African contract under which it will furnish combat-management systems for four boats and three submarines. A company spokesman said South Africa's
          Bloomberg  -  83 words
        • Article
          Lock icon SAP gives top rating to Fuji Xerox
          60 23 Dow-Jones [TOKYO] Standard Poor's said yesterday it has assigned a single-A long-term issuer credit rating to Fuji Xerox Co. S&P added that the rating outlook is stable. The rating reflects the company's leading position in the office copier and printer market in Japan
          Dow-Jones  -  60 words
        • Article
          Lock icon Italy's Agnelli to increase capital
          90 23 Bloomberg [TURIN] Giovanni Agnelli Co, the Agnelli family holding company which controls carmaker Fiat, said it will increase its capital by more than 20 per cent and sell a bond to buy common shares at Ifi SpA, another family-controlled company. Agnelli Co said it will
          Bloomberg  -  90 words
        • Article
          Lock icon Asahi Glass to buy out ICT's stake
          54 23 Bloomberg [TOKYO] Asahi Glass will buy all outstanding shares of a Japanese joint venture formed with Imperial Chemical Industries of the UK. The joint venture, Asahi ICI Fluoropolymers, is now equally owned by the two companies. The company, established in 1981 in Tokyo,
          Bloomberg  -  54 words
      • Article
        Lock icon Nomura Int'l buys 11% stake in e-publisher
        305 23 USsBm paid will help Versaware buy rights, build stock Bloomberg [JERUSALEM] Nomura Securities Co's European subsidiary paid US$B million for an 11 per cent stake in Versaware Technologies Inc, which is trying to establish itself as an electronic publisher on the Internet. The
        Bloomberg  -  305 words
      • Article
        Lock icon EU to extend probe into AT&T-British Telecom tie-up
        246 23 Bloomberg [BRUSSELS) AT&T and British Telecom are likely to face up to four more months of European Union scrutiny of their global joint venture, a senior EU official said, signalling serious antitrust concerns. The in-depth probe means the No 1 US and
        Bloomberg  -  246 words
      • Article
        Lock icon Sanyo Securities plans asset sale
        244 23 AFP [TOKYO] Japan's Sanyo Securities Co Ltd, which filed for court protection from its creditors last year, is in talks to sell its assets and liquidate itself, officials said yesterday. Sanyo is expected to sell its assets to Osaka-based securities house, NCS Securities Co Ltd,
        AFP  -  244 words
      • Article
        Lock icon Music giant EMI posts 11% drop in H1 pretax profit
        381 23 UK group sees little hope for better fall-year showing Reuters [LONDON] British music giant EMI Group pic posted a sharp drop in first-half profits yesterday and held out little hope for full-year improvement due to weak global markets outside the
        Reuters  -  381 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Layoffs seen in London, New York from merger
        597 24 DEUTSCHE-BANKERS TRUST MERGER Deal closes in 4-5 months; financing for the takeover not yet finalised Reuters Bloomberg [FRANKFURT] Deutsche Bank AG said yesterday that its planned acquisition of Bankers Trust would entail layoffs in New York and London and that it expected
        Reuters; Bloomberg; AFP  -  597 words
      • Article
        Lock icon Sumitomo Trust likely to slash forecast
        230 24 Bloomberg pPOKYOI Sumitomo Trust and Banking Co was expected yesterday to slash its profit forecast and ask for billions of yen in government aid, as it led off a final day of grim earnings reports by Japan's biggest lenders. Last week, seven of nine
        Bloomberg  -  230 words
      • Article
        Lock icon Sanwa may be getting up to US$750m for US unit
        275 24 Japan bank, buyer Fleet Financial mum on sale price Bridge News [HONGKONG] Sources close to Sanwa Bank have indicated that the bank received close to the US$7OO million (551.14 billion) to US$75O million figure being discussed in the market for
        Bridge News  -  275 words
      • Article
        Lock icon Suit against Dean Witter dismissed
        294 24 Bloomberg [NEW YORK] Dean Witter, Discover Co on Monday won dismissal of a lawsuit by investors who said its brokerage arm, Dean Witter Reynolds, fraudulently promoted risky, high-fee funds that trade futures contracts. New York State Supreme Court Judge Charles Ramos last week threw out
        Bloomberg  -  294 words
      • Article
        Lock icon New Aussie discount broking service
        209 24 Bloomberg [SYDNEY] HSBC Australia, a unit of London-based HSBC Group, has launched a discount stockbroking service charging as little as As2B (5529.3) a trade. The bank said yesterday the service would be the first in Australia to allow clients to place orders for shares directly
        Bloomberg  -  209 words
      • Article
        Futures reach new highs
        214 24  -  Report MSCI Singapore Index Bob Butcher, Jardine Fleming THE rally continued on Simex yesterday as the MSCI Singapore Index Futures again made new highs. Lucky traders who bought the November contract on the open at 211.50 were also buying the day's low. The market pushed relentlessly
        214 words
      • Article
        Wall Street surge pushes up futures
        140 24  -  MSd Taiwan futures Perry Gilbert THE Simex MSCI Taiwan Index futures moved sharply higher over the session, buoyed by a very strong rise in the US equity markets across the board. Sentiment in all Asian markets remains positive with Taiwan in particular looking bullish.
        140 words
      • Article
        Lock icon Oil remains low as Opec looks helpless
        301 24 ENERGY REPORT Reuters [LONDON] World oil prices stayed in the bargain basement yesterday as the United Nations broadly agreed on another round of Iraqi oil sales and the Organisation of Petroleum Exporting Countries seemed powerless to reverse the current slump. At 1319 GMT,
        Reuters  -  301 words
      • Article
        Lock icon CURRENCY REPORT
        268 24 AFP AFX-Asia London THE dollar fell back against major currencies in afternoon trade, mirroring the profit-taking on Wall Street after its record gains on Monday, dealers said. They said the downward move on Wall Street was largely technical, as some investors squared their positions ahead of the extended
        AFP; AFX-Asia  -  268 words
      • Article, Illustration
        Untitled
        1219 24 IHTERBAUK CROSS KATES Nov24 *L_2__!5LJ2L—£L_fiLJKJtiL!LfiS!S-J5LJ£L—5LJ£SL!LZHL-J!-ifi--2!LJ2L«iSL225LJ3 55S a«9l 6.178 0555 3261 1.091 4.941 Z7.W7 48.432 0.777 7.990 2.411 L200 ***** 2528 1047 IMS 0.9012&7I6 ***** 02S7 02* C""* tOOt 5.349 0.559 1693 iW 4.991 *****4M56 MM ION 2.449 12*34J44 255J7 1056 H77 0.*****.947 ***** 0J90 0445 CMM 0.189 0.187 0.105 0.690
        1,219 words
    • Article
      COMMODITY PRICES
      1909 25 81C0M I'UTUKBS Nov24 RUBBER (futures closing ts «t 5.30pm) RSS1 CONTRACTS cents/kg) Closo Votomo Open Month High Low Sott (towns) lirtorost Doc 98 110.50 450 Jon 99 111.25 550 Fob 99 113.00 113.00 112.00 300 1075 Mot 99 113.75 1175 Apr/Jon 99 118.25 118.25 118.50 150 2550 Jui/Sop
      1,909 words
    • Article
      WORLD STOCK MARKETS
      2271 25 LONOON Mistrials Km 24 fence 31 Group 557.400 4.400 AB Ports 302.000 5.000 Abbey National 1317.000 -23.000 Allied Domecq 526.000 4.400 Allied Zurich 826.000 6.000 AIMC no.400 5.400 Asdi Group 156.000 -1.400 BAT Ind 545.000 7.000 BC Pic 429.400 4.400 BtCC 67.400 -1.600 BOC Group 892.000 -29.000
      2,271 words
    • Article
      Lock icon TOKYO
      1643 25 Bloomberg PjjjttdjjS *384.70 JAPAN'S benchmark Nikkei Stock Average surged to a three-month high as Wall Street's record gains fuelled hopes for Sony Corp, Honda Motor Co and other exporters that look to vibrant US sales to offset the recession-bound home market. "Bull markets are contagious," said Alex Muromcew, international
      Bloomberg  -  1,643 words
    • Article, Illustration
      Lock icon HONGKONG
      1564 26 Reuters AFP yiHangScng +337J8 STOCKS strode to a higher close yesterday with the Hang Seng Index scoring a seven-month high as buoyant overseas markets sent investors on a buying spree, brokers said. The Hang Seng Index gained 337.18 points, or 3.21 per cent, to finish at 10,851.71, close to
      Reuters; AFP  -  1,564 words
    • Article, Illustration
      Lock icon CHINA
      635 26 Reuters n Shenzhen B Index -028 SHENZHEN'S hard currency B Share Index closed lower yesterday as foreign investors continued to shift funds from the Shenzhen market to rising Hongkong stocks, analysts said. The B Share Index lost 0.28 of a point, or 0.44 per cent, to 61.74 on turnover
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  635 words
    • Article
      Lock icon TAIPEI
      367 26 AFP QWP Index *12X58 TAIWAN share prices rose 1.7 per cent yesterday, paced by the technology sector and buoyed by a record-high overnight close on Wall Street, dealers said. The Weighted Price Index rose 123.58 points to 7,435.84, following a 0.7 per cent decline in the previous session. "A
      AFP  -  367 words
    • Article
      Lock icon WELLINGTON
      274 26 AFP PI Wellington +9JLS SHARES rose a modest 0.5 per cent yesterday, building a solid base for future rises despite their failure to sustain gains above the psychological 2,000-point barrier. The NZSE-40 Capital Index finished up 9.15 points at 1.995.71 on total turnover of NZ582.78 million. AFP *0*24 W$
      AFP  -  274 words
    • Article, Illustration
      Lock icon BANGKOK
      768 26 AFP n SET Index -&77 THAI stocks ended 1.7 per cent lower yesterday, closing off their highs amid heavy profit-taking led by the banking and finance sectors, analysts said. However, they said interest in property counters and continued foreign buying helped to moderate further falls. "The market fluctuated wildly
      AFP  -  768 words
    • Article
      Lock icon SEOUL
      429 26 AFP n Composite Index +&83 SOUTH Korean share prices closed 1.5 per cent higher yesterday, with sentiment buoyed by a strong performance by regional markets after a record-high close on Wall Street, dealers said. The Korea Stock Exchange Composite Index closed up 6.83 points at 460.78, off a high
      AFP  -  429 words
    • Article
      Lock icon SYDNEY
      585 26 AFP |H| An Ordinaries <ttl AUSTRALIAN share prices gained 0.5 per cent yesterday with profit-taking sapping the strong leads from overseas markets, brokers said. The All Ordinaries Index climbed 12.6 points to 2,760.2. National turnover totalled 433.57 million stocks worth NTS1.32 billion. The All Industrials Index rose 20 points
      AFP  -  585 words
    • Article, Illustration
      Lock icon JAKARTA
      734 26 AFP n Composite Index -4JI SHARES closed down yesterday, with the index giving up early gains amid profit-tak-ing in most large caps after the previous day's sharp rises, dealers said. They said the fall was moderated by active trade due mainly to renewed interest in banks amid speculation on
      AFP  -  734 words
    • Article
      Lock icon MANILA
      317 26 AFP Manila +38.99 PHILIPPINE share prices rose 2 per cent yesterday due to a cut in overnight rates as a record-high close on Wall Street boosted regional mar kets. The Philippine Stock Exchange Composite Index rose 38.99 points to close at 1,961.25. Volume rose to 1.27 billion shares worth
      AFP  -  317 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        9381 27 INDUSTRIALS C9nproducts >998 Last Vet Day Nat Cap High Law Company Sale '000 Mlg» Law P/t $mH 310 170 Ajinomoto 270 unch 19 277 270 14.9 109.4 148 35 Angkasa 70.5 1 223 71.5 70 104.0 290 123 Apollo Food Hlg 237 1 22 242 236 8.2 94.8 388 108
        9,381 words
      • Article, Illustration
        Lock icon Finn regional bourses lift mood further
        444 27 AFP UJ Composite Index +12.49 SHARE prices closed 2.6 per cent higher yesterday boosted by gains in regional bourses following the rally on Wall Street, dealers said. The Composite Index was up 12.49 points at 489.66 points. The Second Board rose 0.25 of a
        AFP  -  444 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        2656 28 BONDS, LOANS WARRANTS wt 1998 Last Vol Day Last Quote Avq Hign Low St no Company Sat* ♦of- (OOO) Htqii Law Buyor SoNor Prtca 20.5 3 3160 "Acer W*****1 USS 14.5 *1.5 178 15 14 14 14.5 95 4.5 3164 Acma W*****4 unch 614 18.5 17.5 17.5 18 16 3161
        2,656 words
      • Article
        CLOB INTERNATIONAL
        243 28 HONGKONG STOCKS Gr Cr 1998 Last Vol Day Last Ouot* CHv Div Yld N«t M Cap High Low Stno Company Sale COOP) High Law Buyer Se«or Cit HZ $mII 400 2SO 5123 COL (2000) HK. 400 8.0 2.4 2.0 20.5 7744.7 5124 Cathay Pac 20c HK.... 720 265.0
        243 words
      • Article
        Kian Ho wrt: good set of numbers
        186 28  -  WARRANT WATCH Hu R Sivanithy IN a market as bullish as this one, bad news, it seems, has little or no effect. There's an odd sense of defiance out there which is making investors view pullbacks as buying opportunities often, with increasing gusto.
        186 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6253 29 Transaction datcj Nov 24 j Gr Or M Wt v#l o» LHl Ouote Dlv 01* YW Net C»» A»g HI* Low tmmm M* COOO) High Lew Buyer Seller *-g $m« Price MULTI-INDUSTRY 1 142 49.5 mt VOOO Acma50c__ 82 IS 2358 87 81.5 82
      6,253 words
    • Article
      SESDAQ
      1163 29 Cr Or M Wt Last Vol Day Last Ouott Mv Otv YW Nat Cap At* High Low StNo Com>w Ml rOOO> H» L— —yr Ctir *K %m» MANUFACTURING 243 30 e 2049 'ASAutotOc 131 *2 '0839 142 131 131 132 15.0N 7.0 1.2 12.4 149.6 119 2 il 45
      1,163 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Untitled
        360 30 Stocks Volume SembCorpI 25c 33,476.000 Brilliant 8c 27,741,000 Uraco HldgslOc 24,893,000 SingTel 15c 17,993,000 SM Summit 10c 16,150,000 ST Capital 25c 16,018,000 Wing Tai 25c 15,954,000 Ultro Tech 15c 14,637,000 MMI Hldgs 10c 14,481,000 Aztech 5c 13,239,000 Stocks SembCorpI 25c 65,397.370 SingTel 15c 49,270,340 SIA Foreign 37,644,710 U08 Foreign 33,016,585
        360 words
      • Article, Illustration
        STI cruises past 1,400 level with small-caps in favour
        636 30  -  STOCK MARKET COMMENTARY Dow's surge, rises in Hang Seng and Nikkei cited; focus now on electronics stocks, seen lagging the recent rises R Sivanithy [SINGAPORE] The recent upward momentum in local stocks continued in full swing yesterday, pushing the Straits Times
        636 words
      • ON THE GRAPEVINE
        • Article
          Big cache of NPLs
          65 30 DANAHARTA, the Malaysian agency in charge of taking over a big chunk of the country's fast-rising non-performing loans, is expected to announce its biggest acquisition of NPLs in the next few weeks. Danaharata may issue zero-coupon bonds worth more than five billion Malaysian ringgit (552.15 billion)
          65 words
        • Article
          Support from Sharon Stone?
          196 30 SINCE Noordin Sopiee, head of Malaysia's think-tank Institute of Strategic and International Studies, took out a full-page advertisement in the New Straits Times (NST) lambasting US Vice-President A 1 Gore for supporting the reform movement in Malaysia last week, thousands of Malaysians have jumped onto the
          196 words
        • Article
          The mourning is over
          94 30 A COUPLE of months after the death of Princess Diana in August last year, a spate of books on the princess hit the bookstores in Singapore. And many of the books were snapped up by Singapore residents, including British expatriates, still numb with shock over the
          94 words
        • Article
          Net so popular with collectors
          104 30 TITANIC star Leonardo DiCaprio and singer-actress Madonna may be popular with the younger generation but not with collectors. At an auction of Hollywood memorabilia in London yesterday, two costumes worn by DiCaprio in the movie The Man in the Iron Mask sold for less than
          104 words
      • Article, Illustration
        HOT STOCK
        88 30  -  ai>u -by S Shiv Taneja ST Capital closed four cents higher yesterday at 62.5 cents on a volume ol 16 million shares, compared with its 10-day traded average of 4 8 million units The counter is expected to experience some selling pressure in the near term, but this
        88 words
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      45 21 fH£ COACH I COACH LEGACY"* $490 HL m ■f ■fl SWISS FOP MFN ANO WOMEN V WATER RESISTANT WWW COACH COM CALL 734 3833 Chew Cheong 734 5096 Oeiu>e Eas«(yr 235 2536 N**.nq W*c* 336 3658 [cXIACHj (fey Eastern 734 2367 Watrf Sflfcyv "35 5066
      45 words
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      175 22 JOIN THE MANAGEMENT I CONSULTANTS FORUM as Resource Person at Seminars Course Leader I Trainer ..for in-house and public courses Management Consultant in projects We are now registering human capital experienced and qualified in HUMAN RESOURCE MANAGEMENT INFORMATION TECHNOLOGY (especially in solutions, system integration, software development) QUALITY SERVICE HUMAN RESOURCE
      175 words
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      Page 22 Advertisements Column 2
      189 22 r... the best kept secret J lhroat ssed ngeh i t rz ifted with a voicc deemed by star T \C\77 performer Cleo Lai ne to be world OA A, JM. A vAi3X A jrt i.iLi class, she is widely hailed as top British FRA N K SIN AT R
      189 words
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      15 23 Buy It. Sell It. Find It. Classified, re? Call Today For Results Tomorrow. CAXS -1
      15 words
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      Page 23 Advertisements Column 2
      178 23 and I Beaujolais Nouveau. At Le Meridien. eef) (ill r\i (111 out I \i I lltl\ i In (IS !h d/sfdaxs h/s skillful gtnm stnansbifi at tin dining table. lln game In gin s as In film is Ins bets on ahfutisets lih I 'In //so nl and I Inn
      178 words
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      Page 24 Advertisements Column 1
      51 24 mJIA THE WORLD'S LEADING TT, ,rr OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS m i fK D- 1 1 7m > Incorporation Fees from USSSOO J BAHAMAS JERSEY If BRITISH VIRGIN MAURITIUS B W ISLANDS S f M CAYMAN SEYCHELLES ISLANDS SAMOA a IRELAND Jm Companies Web Site at www ocra
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      Page 24 Advertisements Column 2
      5 24 Strait Talk TheBikinessTimbs Shipping Times
      5 words
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      27 26 M*- f V. v> i &£m£L < rr» rrrT T ffcr' «u<in*wi ftm*-* 7bia*tay ;w» I back 8883H8881.J 'PhIIVtcHOITC Motoring i m AIUI OUAjO by Christopher Tan TheßusinessTimes
      27 words
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      43 28 ALFRED DUNHILL |v. |\lß| LONDON ufjj The AD 2000 Carbon Fibrk Fountain Pen THE Millennium Watc H I :t RAFFLES HOTEL ARCADE THE PARAGON NGEE ANN CITY OUB CENTRE SOGO RAFFLES CITY SINCERE WATCH SHOPS Call 1800-737-1166 to place a quick-acting ad C«A»T(S<
      43 words
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      61 29 Citibank Margin Trading Account Trade up to 2.5 tilllCS your share value or withdraw CASH on it. Call 339-7126 now. THE CI TI NEVER SLEEPS It i .mm Im -> .1 I I Slm ii lon W.i > I<> H <>t i ll .11 (I K'> .1(1 2 1 liii
      61 words
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      Page 30 Advertisements Column 1
      648 30 [business 1 ASU FARGO (SINGAPORE) PTE LTD (In Members' Voluntary bqudabon) NOTICE OF FINAL MEETING Notice s hereby giver pursuant to Section 308 erf tie Companies Act Cap 50 ttiat a Final Meeting of the Menders of the Company will be held at 101 -A Upper Cross Street #11-16 Singapore
      648 words
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      Page 30 Advertisements Column 2
      473 30 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF KWONG WOH CHEONG (PRIVATE) LIMITED (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 101-A Upper Cross Street. #11-22 People's Park Centre. Singapore *****8 on Friday, the
      473 words
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      Page 30 Advertisements Column 3
      35 30 wodd-classL.,.,,. Use creative recruitment Ads to WpSps mL enhance your corporate image. .|j i(lt(lji|tl j uuo|i |||n W; |]t mrnmmm i Jl M i IVJ I himikii IB? l&dS i Pi fflwMi iw OUi. mbbbbmbbbbbbmbbbbmbmbmbp
      35 words
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      Page 30 Advertisements Column 4
      39 30 Lost If our a pet? Try finding it at Classification 821 (Found) of The Straits Times Classified. GAX& PR Locate its owner through Classification 821 (Found). Simply call CA.T.S. at 1800-737-1166 for this free service. CATS. Another Classified Service
      39 words
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  • SHIPPING TIMES
    • Article
      Lock icon TANKERS
      315 31 Bridge News Reuters IT was an active start to the week on the tanker market with a flurry of new orders quoted. Rates were little changed in most areas although the sentiment in the Persian Gulf market remained weak and easier rates were seen for Mediterranean Suezmaxes. The clean
      Bridge News; Reuters  -  315 words
    • Article
      MARITIME STOCKS
      301 31 StS '000 8aal4 HI CWT Distribution 0.49 *0.015 148 ChuanHup 0.55 +0.01 696 Cosco Invastmant 0.535 *0.015 39 FralgM Links 0.205 *0.01 5733 GB Holdings 0.445 unch 173 Hal Sun Hup 0.485 *0.03 1659 HKaChl Zosan 0.715 *0.025 676 IMC Holdings HK 5.60 Jaya Holdings 0.56 -0.035 235
      301 words
    • Article
      S'pore port seen as preferred over P Klang
      611 31  -  Republic scores on efficiency, frequent ship calls; M'si&n business leader From, Ruth Wong in Kuala Lumpur HIGHER efficiency, more frequency of ship calls and higher number of destinations make Singapore the preferred choice over Port Klang, a Malaysian business leader said yesterday.
      611 words
    • Article
      Detention rate signals problem in ISM Code implementation
      700 31  -  STRAIT TALE By Seafarer RECENTLY published detention figures from the Paris Memorandum of Understanding (MOU) on Port State Control (PSC) grouping of 18 European countries have embarrassed at least a couple of highly reputable classification societies. The statistics show that 81 vessels
      700 words
    • Article
      HK aims to be Asia's int'l shipping hub
      324 31 [SINGAPORE] The port of Hongkong aims to be the international shipping centre of Asia with plans to create an even more business friendly environment Speaking at a seminar in London last week, Hongkong Port and Maritime Board (PMB) secretary Richard Yuen said:
      324 words
    • Article
      Lock icon China gives in to US anti-beetle import laws
      386 31 Exporters to treat wood packings in all US-bound shipments AFP [SHANGHAI] China has apparently withdrawn its objections to US import rules to combat the Asian longhorned beetle, ordering full compliance from all its exporters, the official Liberation Daily reported yesterday. The central
      AFP  -  386 words
    • Article, Illustration
      Lock icon Call for new probe into '94 Estonian ferry disaster
      129 31 [SINGAPORE] International Transport Workers Federation (ITF) assistant general secretary Mark Dickinson has called for a new probe into the 1994 Estonia ferry sinking which killed 852 people. He made the call at a joint ITF/NTF (Nordic Transport Workers Federation) Conference in
      FILE PHOTO  -  129 words
    • Article, Illustration
      Lock icon Competitive and confident
      997 32 DUB AZ DRYDOCKS Its location as the gateway to the Middle East has ideally placed it to service the world's oil tankers Lloyd's Register Business is buoyant at Dubai Drvdocks, one of the world's biggest ship repair yards. But it is now turning its expertise to other
      Lloyd's Register; FILE PHOTO  -  997 words
    • Article
      SHIPPING SCHEDULES INDEX
      392 32 PAGE Express TL 14 Asia OCL 6 far de 6 anl 3 FoonqSun 8 It Accord 8 Fr0,a >2 Ahrenkiel 12 Frt links 14 Appenship 5 G 1 nk 4 Austral 8 Gemartrans 8 Avant 14 Genstigp 12 B'tang Mas 8 Glory Nav 14 BSA 7 HaiSunHup
      392 words
    • Article
      SHIPPING GUIDE
      18422 39 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 05/12 20/12 MOL B TERATAIOUA 443 45 *****84 To ABIDJAN (ABJ) 2003 Cote D'lvoire mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 02/12 19/01 ZIM/Seth ZIM PUSANI 3W
      18,422 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        735 45 Vessel Voy No Berth Arrival Departure Baltic dotpft 14/98 'Joi Hoogs.de 2411/1900 Brilliance 8 J23 alongside 0112/0700 Bt A'rual *****8 J01 alongside 25.11/0600 Bt lestari I *****8 JO! alongside 24.11/1600 Bt Pakndo J 01T198 J01 akx*js«* 24.11/1330 Bt Ra61 *****8 J01 alongside 24.11/2000 Bt Rahmatind *****8 J01 alongside
        735 words
      • Article
        CONTAINER SCHEDULES
        1919 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From 2 !316H 26/0700 2* 24/1700 25/0659 25/0400 21 24/1700 25/0659 25/0900 3 25/0700 25/1159 25/VtOO 4 25/1200 25/1459 25/1700 nmtmz am nmm u wm mm twin 21 24/1700 25/0659 2V0900
        1,919 words
      • Article
        GLOBAL HOLIDAYS
        211 45 Nov 26 United States: Thanskgiving Day. Nov 30 Philippines: Bontacio Day. Dec 8 Austria: Ammuculate Conception Deo 12 Mexico: Virgin of Guadalupe (optional). Dec 23 Japan: Emperor's Birthday New Year Holiday. Dec 24 Finland: Christmas Eve. Dec 25 Netherland: Christmas Day. Mexico: Christmas Day. Finland: Christmas Day. Australia:
        211 words
      • Article
        COCKETT BUNKER MARKET REPORT
        1064 45 THIS report, compiled bv Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average sued stem Market movements are indicated The Cockett Bun ker Price Index chance and
        1,064 words
      • Article
        VERITAS BOMBER QUALITY REPORT
        542 45 Carbon 180 Mai 993.2 0.7 17.4 0.10 59 0.05 Nov 20 Density Water Residue Ash Aluminium Sediment No above £25 1 0 2 0 0 0 380 Ave 987.4 0.3 15.0 0.06 30 0.02 Iiimi 380 Mai 995.2 0.8 19.3 0.11 61 0.06 »6/M«3 v/v S
        542 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon No serious impact yet from Asia's slump: Rolls-Royce
        413 46 Slow growth in region has even helped smooth order load, says chairman Bloomberg Reuters [SYDNEY] Rolls-Royce pic, one of the world's biggest air-plane-engine makers, said slowing growth in Asia hasn't had a serious impact on sales in the region. "In a strange
        Bloomberg; Reuters  -  413 words
      • Article, Illustration
        Lock icon A quiet day at the station
        47 46 [CAEN, France] A woman cleans the deserted platform of Caen's train station on Monday, when railways across western Europe were in chaos as rail workers went on strike in protest at proposals by Brussels to deregulate state run rail networks. AFP
        AFP  -  47 words
      • Article, Illustration
        Lock icon PAL to re-start talks with Northwest on possible tie-up
        398 46  -  Move follows disagreement with Cathay over layoffs By] Felix Chan [SINGAPORE] Philippine Airlines (PAL) is reopening talks with Northwest Airlines on a possible alliance after disagreement with Cathay Pacific over layoffs, a government official said yesterday. In an interview aired on
        REUTERS  -  398 words
      • Article, Illustration
        Lock icon Joy all around as Gaza airport opens
        495 46 Flights from Egypt* Morocco first to land at Gaza airport AFP [RAFAH, Gaza Strip] The Gaza International Airport opened yesterday with the arrival of inaugural flights from Egypt and Morocco, giving Palestinians a longawaited economic lifeline and a key symbol of their hoped-for
        AFP  -  495 words
      • Article
        Relief as FedEx pilot strike averted
        398 46  -  By\ Marcus Hand [SINGAPORE] US-based air cargo and delivery giant Federal Express (FedEx), has managed to avert a potentially damaging strike by its 3,500 pilots during the peak holiday season, with talks resuming on Monday. The FedEx Pilots Association withdrew their threat to strike
        398 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1886 46 en* maw tu fught etd AMaMa AN8230 1920 SOW 171S SOWO 0130 LH6381 1920 teanphau P«C CZ351 2035 SM30_J«0 i Hanoi VH741 1310 VH742 0905 Aautardam KL0843 0540 $024 2320 S0175 1835 $0176 1035 N***** 0800 KIS38 2335 VN740 1410 GA973 1005 Itot Vai MI891 1110
        1,886 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      20 31 Competitive and confident Dubai Drydocks Its location as Middle East gateway is ideal for serving the world's tankers. Page 2
      20 words
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      Page 31 Advertisements Column 2
      291 31 No serious impact yet from Asia's slump Bolls Hoyce Regional slow growth even helped smooth order load, says chairman. BaokPage Determine the Outlook for the Cruise Industry in Asia Explore new and traditional Source Markets for Cruising in Asia Understand the unique design, operations and supply requirements mjHm of Cruise
      291 words
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      1172 32 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LA II WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) vKsa voir puaTr"etdsm igo mi hou ok Pnt mdocooty vista 1 vot I rrounm aouutu Irtomao loubu ventura samlotaco sauna owi" nykust<* omwt iiTTi
      1,172 words
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      Page 32 Advertisements Column 2
      599 32 1 WHAT'S NEW! Keep on this spot for new services/clients. EXPORT 3 x Japan -2 x Hongkong -1 x Manila -1 x Kooshiung, Keeking (Accepting FCL to BKK/NAHA/SENDAI/CEfiU/LCH) vtssa voy pkl pkh jkt wu I siw'lmwl osa hko kh khh tto yok smz woo uk» LEVERKUSEN DCPtRS 4484S 24.11 OMT
      599 words
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      Page 32 Advertisements Column 3
      166 32 Lines services represented w JWM tt Members ct the iBWB- by Members of the Registry of MTa.l Singapore Freight Forwarders Accredited Shipping Agents Association Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETA PKL ETA SIN ETA \IAI-E Prioress UK V 6798 29/11 36/11 ON/12 Princess Llh V 6898
      166 words
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      Page 33 Advertisements Column 1
      1023 33 TO EUROPE FROM EUROPE vpsa vor siw »tm m haw wrv sou fit uh 1 Ivissa voy btm anb ham wtv sou fxt uh sin NOL AMAZONS OI9W 26/11 19/12 16/12 11/12 14/12 HYOMNOOOK 31 SI 07/11 04/1102/11 06/11 26/11 IA LOWE 524W 27/11 13/12 IS/12 11/12 19/12 HOI KARL
      1,023 words
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      Page 33 Advertisements Column 2
      2394 33 HANJIN SHIPPING HANJIN SHIPPING (S) PTILTD hop //wra Imp tarn ROOKING 32*0235 237 SALfi 32*0724 231 DOCUMENT *****71 274 OPERATORS 32*0241 252 MAIN LINE *****55 FAX 722*1*0 (I NO **********0 M TO NW USA CANADA USA CANADA* forvsi/yoy i ram ism une haul/voy mi den m oi msp m ott
      2,394 words
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      Page 34 Advertisements Column 1
      1514 34 DSR-SENATOR LINES TO UK/CONTINENT TO MEDfTERRANEANCANAPA VtSStL vor SIN LtH HTM AHH HAM BffV FLX VESSEL VOY SIM PIT SPE EOS W.C MTU PUSWASH SENATOR WNB4O 24 11 1112 1312 14 12 IS 12 1112 17 12 KNZAIOOUN WMOSI 28.11 13 12 15 12 17 12 19 12 25 12
      1,514 words
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      Page 34 Advertisements Column 2
      1063 34 IfeAfl MAC-NELS S'PORE M'SIA I Carrier: MN CONTR UNES, INC P. GUDANG: (07) *****26 I IV"/ J c/n NO: **********0 C S«U: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 KUCHtNG (082)*****1-3 DUBAI PENANG/PORT
      1,063 words
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      Page 34 Advertisements Column 3
      694 34 JESSELTON LINE V TIL: 2M345« FAX: *****13 MUARA 1 LABUAN Vtssa VOY ITD Ett VESSEL VOT ITD ETA STORE MUARA STORE LM CARAKA JNM-32 VIBE/94 25/11 »/ll CARAKA JNIII-32 VIM/* 2S/11 21/" STRAITS HOPE V 321/98 01 /12 04/12 STRAITS HOPE V32E/9I 01/12 04/12 CARAKA JN*32 VI9E/98 OS/12 01/12 CARAKA
      694 words
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      Page 35 Advertisements Column 1
      1348 35 [vessel voy sin sip pkg pew pqb pub shj ba bik IRAN HESABI PJLI32O 2S/11 06/12 OS/12 07/12 00/12 IRANVAHDAT PJLI32S 08/12 03/12 18/12 17/12 19/12 21/12 TBN 12/12 22/12 21/12 23/12 28/12 IRAN SATTARI PJLI323 24/12 03/01 02/01 04/01 08/01 IRAN BABAEI PJLI326 01/01 11/01 10/01 12/01 14/01 PoB*
      1,348 words
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      Page 35 Advertisements Column 2
      2745 35 TO ISRAEL 1 IN 13 DAYS I EVERY THURSDAY 1 I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL: 226 1900 FAX: ***** M OUTWARD (l/L) COSTAR SHIPPING PTE LTD #17-MMSIIOG SALES/BKGS *****57/60 INWARD DCPT (D/O) 4205/85 COSTAR AGENCIES (M) SDN BND CRNO: **********0 M TOWHTWO (*****9) CONVENTIONAL *****50/55 T/SHPMT DEPT
      2,745 words
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      Page 36 Advertisements Column 1
      1444 36 EUROPtyUK/SCANOiNAVWFIHUWD/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP E DIAOEM RW-003 29/11 17/12 22/12 1«/12 20/12 21/12 22/12 E RENOWN RE 031 29/10 31/10 30/10 0211 03/11 29/11 E DAINTY RW 008 06/12 2«/12 26/12 27/12 28/12 25/12 30/12 E RESULT RE-022 03/11
      1,444 words
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      Page 36 Advertisements Column 2
      1017 36 £32: PACIFIC INTERNATIONAL LINES (PTE) LTD^ I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********0E yOT "N m srp wii »w »tt ua m m H"H BUMGA TERATAI I 453 76/11 21/11 9/12 13/12 17/12 24/12 I*7TT 00C1 ACCLAIM 027 W/ll 30/11 7/12 17/17 16/12 21/12
      1,017 words
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      Page 36 Advertisements Column 3
      649 36 nsk NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA ViSSIL VOT SIN PUi DUB JHI CPT »q NANTAI PMMCESS VO2SS 29/11 14/12 17/12 18/12 NANTAI (MEN VO3IS "m/iT 17/12 H/U 24/12 25/12 29/12 NANTAI DRAGON VOIOS 11/12 28/12 01/01 05/01 06/01 NANTAI PHINCE VO26S 27/12 10/0) 13/01 14/01 NANTAI
      649 words
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      Page 37 Advertisements Column 1
      516 37 I BSflx MMft MYANMA pBBk FIVE STAR LINE vT (Myonmor National Lin*) Loading for Yangon (Rangoon) VfSSfl VOY SIN PKL PIN PGU PWYA IS7 ttß SJTTWE 83W SID MALAYSIA AG*NTS: BOUSTEAD SHIPPING AGfNCKS (III: Til (03)*****00 PKL TU (03)*****01 PEN: TU (04) *****02 PGU: TU (07) *****21/4 BANK LINE (A
      516 words
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      Page 37 Advertisements Column 2
      1622 37 HYUNDAI MERCHANT MARINE CO., LTD. IvKsa vor sin sou im rtm ant ham brv Fa Ivpsn voy I sou I leh rtm ant ham brv Faiswi NOIAMAZONTI 019W 26/11 14/12 19/12 16/12 17/12 NT COMMOOOK 3151 02/11 07/11 04/11 05/11 26/11 U LORE 524W 27/11 19/12 11/12 13/12 15/12 NOIPIARL
      1,622 words
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      Page 37 Advertisements Column 3
      1050 37 > nortvggign specoind ootocorners \L_u_ ©§es>® TO NORTH AND LATIN AMERICA '*ORO HEAVYLIFT SERVICE" VESSEL VOY RAMP HEIGHT SIN I LAI I CRL MIA SAV BJU. ORF WYC NEW MOB TAIKO F823 400 Texts 6.3* 2S/11 24/12 03/01 06/01 08/01 10/01 11/01 12/01 16/01 18/01 TOURCOING FS24 400 Tom 6.3
      1,050 words
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      Page 38 Advertisements Column 1
      951 38 BANGKOK/MAP TA PHUT/LAEM CHABANQI JAKARTA/PAN J A NO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN NANTABHUM" 421N IN PT 28/11 29/11 THANA BHUM 314S In PI 28/11 KOTARATNA RNAO67 IN PT 28/11 GURU BHUM 105S In PI 29/11 KITI BHUM 81N 26/11 29/11 28/11 GURU BHUM
      951 words
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      Page 38 Advertisements Column 2
      588 38 v-mm INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMt-COWTAINERtSED SERVICE Wt VOT I* S'POtl A DAM QUI H'W»6 »»U»IN MITWt»P VISSCI I li/11 I lt/» M/ 11 OMIT »v»l TO AUSTRALIA FULL COWTMNER SERVICE va Ivdtlwg sihl fw m sn> m. mm m m rommtitu* m n/n it/n 04/11 n/n m/ii
      588 words
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      Page 38 Advertisements Column 3
      889 38 VESSELS VOY -5T- PKL MLA LEH RTM HAM ZEE SOT VU£DORK)N YBW 01/12 02/12 14/12 21/12 22/12 23/12 25/12 2V12 VILLE OE V29W 06/12 06/12 21/12 28/12 29/12 30/12 01/01 02/01 VJJE DC TANYA TTfIW 15/12 16/12 28/12 OW 06/01 06/01 08/01 OftPl VILLE DC TAURUS A2BW 23/12 04/01 11/01
      889 words
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      Page 38 Advertisements Column 4
      14 38 CONVENTIONAL/BREAKBULK SERVICE LOADING FOR CALCUTTA M.11.N LOADINO KM BANOKOK/BOMBAT LOADINO FOB DUBAI/MIMA QABOOS M.11.N
      14 words
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      Page 39 Advertisements Column 1
      52 39 ■■Til STEgffc Dial 740-6000 Oil GGITIdnO (Retrieve more schedules!) Press "1" Select the port and key in ST|K4 the four digit code —eg: To New York (NYQ 2275 srjQ Key in your fax number your phone number Another innovative service offered by cTei^ r he document will be Shipping times
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      148 41 mmaggmm 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 by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product or
      148 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      1013 42 SAMUDERA SHIPPING LINE LTD 15 McCALLUM ST #03-01/02 NATWEST CTR 5.*****5 CR NO. **********0 D ■rifeH TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 BOOKINGS CALL DIRECT LIME: *****41/43 JESSICA/CELIA/MEI CHAM 7 slgs/week 2 slg/week I VESSEL |~VOY r~sm Tjaß [VESSEL IVOY [SIN IPtB CONTI BARCELONA 9865 24/11 (TUE)
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      Page 42 Advertisements Column 2
      791 42 CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI ACCEPTING BOTH SOC AND COC CONTAINER VESSEL VOYAGE HA SINGAPORE HA COiOMSO ETA KAIACM SHAUMAI 003HW 28/11/90 01 /\i/H 04/17/98 SWAT OC3HW 03/17/98 08/17/98 IJ/17/98 SMAMMALAI 004HW 17/12/91 72/12/98 77/17/98 SWAI QO4WW 74/17/98 79/17/98 OVOI/99 SHAUMAI OOSHW 07/01/9? 17/01/99 17/01/99 SWAT
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      Page 42 Advertisements Column 3
      412 42 m FAR EAST 29/11 KEELUNG/KAOHSIUNG 29/11 BANGKOK 29/11 MANILA/CEBU 29/11 JAKARTA/BE LAWAN/SURABAYA 29/11 PORT KELANG/PENANG/E. MALAYSIA 29/11 BUSAN 29/11 TOKYO/YOKO/KOBE/NGO/OSA 29/11 HONGKONG SIN CHINA 29/11 GIIANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU m EUROPE/UK 29/11 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 30/11 LOS ANGELES/NEW YORK all IPI points
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      Page 42 Advertisements Column 4
      555 42 rff# Singapore Soviet Shipping CPL CIMIOOSOMOOOON MnittTme Shipping PL Ooned Sotadwyl dill lA/S7MOOOOC VESSEL VOY SIN BOM PNG PKL KOTARATU RTUO27 28/11 04/12 16/12 BUXMOON 121N 03/12 11/12 23/12 KOTARUKUN RKNO2I 10/12 18/12 29/12 VESSEL VOY SIN CALCUTTA «N HARIBHUM 04SV 28-29/11 03/12 15/12 EPONYMA 001 01-02/12 06/12 18/12 MREGINA
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      Page 43 Advertisements Column 1
      1038 43 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I rno I SM I JUT I sin I roc I nw I cm I K)M I mi I MYI I 0»F SAV I MW I T*M HOU I HOEGHPURE /OS4< 23/11 30/11 03/12 OS/12 09/12 14/12 21/)? 24/1? 21/01 24/01 25/01
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      Page 43 Advertisements Column 2
      1737 43 IVISSq/VQTXg yw RTM m li IVESSa/VOYAGE SOU m HAW jj %ytm cumjt,i PONLKOK 07WA47 2411 111? 14 11 IS 12 19 H MWJ IWTU POM SOUTHAMPTON 04WA44 0112 1111 21.12 22.12 2*112 NWSMRRIS 04EA44 31.10 02.11 04.11 07.11 24.11 JO.U 01.12 03.12 02.12 |WTK SMRRJS OSWA49 10.12 26.12 2112 2112
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      Page 44 Advertisements Column 1
      972 44 |Hhhl|| I 'vessel voy sin maa sin I TIGER ISLAND 660N8 25-25/11 11-12/12 I TIGER BAY 662N 30-01/12 0501/12 I TIGER PEARL 663N 03 04/12 08 14/12 18 1912 I TIGER SEA 665N 08 08/12 12 18/12 22 23/12 I TIGER ISLAND 664N 11 12/12 16-24/12 28 29/12 I TIGER
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      Page 44 Advertisements Column 2
      801 44 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA BUENOS AIRES CEBU ISTANBUL IZMIR LAEM CHABANG MALTA SANTOS SHANGHAI ••'PLEASE CALL OUR TOLL FREE LINE* 1800-*****66 FOR BOOKING Overseas Offices Hongkong *****113 flms9asiaonlino.net Port Kelang *****40 flemOtm.net.my Bangkok *****42 kunthida&Heth.co.th Surabaya *****00 fle-subOsby.mega.net.id
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      Page 44 Advertisements Column 3
      1335 44 OOCLlsingopore) Pte LiJ"^F^<epper^ist^i^ 79 Amon Rood #21-04 (S) *****6 Hk 513 #01-128 f CI N0 **********0H kfc 272 7«27 for bookmg .——y^ M *****13 Fu 221 3942 Fax: 272 7825 t nrir ■/K\ >1 1/ Orient Overseas Container line eqUy '(R)j X (Malaysia) Sdn Bhd (R«8 No: *****2-U] coil r~V*
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      132 45 10S N»—ssslA LEGEND R Thunderstorm Temperature «> c X\ y Shower Weather Wind direction with speed m knots Rom Cloudy Sky Wove W" ,n d* ore indicated by arrows which fly with the wind K£J One full circle represents calm or light and vonable winds J One ho« Heche represents
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