The Business Times, 30 November 1998

Total Pages: 42
1 42 The Business Times
  • 13 1 m MITA(P) 110/12/97 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asia! .com.sg/ MONDAY, NOVEMBER 30,1998
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  • 52 1 8TMM MI1KKT1MMCBB Week Chuge STL 1.3M.76.....+46J6 SUISCl FUTURES 219.66. +816 BTSR1. 617.3ft—+11.11 KLSE COUP- 488.98.....+3188 NIKKEI 1M»J3~+MM* HANG SENG. 10,*****..+608.76 SET INDEX... 373.09. +1.16 JAKARTA COMP. ***** -11.33 MANILA COUP. 1,975*.+1316 7 TAIPEI WP1 7,320.11—-46J9 SEOUL OOMP 466.66 -1.74 CLSA CHINA B i83.44__.-67.67 AIJST ALLOW) 1,771 J0_+07.7f DOW
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  • 74 1 FOKEX BATES US* St USS 1.« {(USVSSperS) 1.669 1738 OH 1.7* 4MB YEN" lHA 1 Ptr RM UN M34 HKt 7,744 MM BAHT JU8 0.NI RUP1AH 7,486. S)to 100 nits PUKE BATES SINGAPORE* .Ml HJALA LUMPUR 1LS0 JAKARTA BANGKOK 14.75 MANILA 22.90 HONGKONG 1015 TAIPEI JL80 SYDNEY 8.46 TOKYO
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  • 440 1  -  Overdue payments also on the rise; HKMA tells banks to be prudent in lending Front Loh Hui Yin in Hongkong MORE housing loans were taken by Hongkongers last month as the property market showed signs of picking up in the
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  • 546 1  -  Indonesians main buyers; interest shifts from high end By i Corinne Kerk [SINGAPORE] Foreign purchases of residential property here have fallen a sharp 80 per cent in three years along with the property downturn, with Indonesians, Malaysians and Hongkongers still
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  • 526 1  -  By* Conrad Raj [SINGAPORE] Another of Scotts Holdings' suitors is said to be on the verge of an agreement to buy over 24.9 per cent of the service apartments pioneer, following its aborted deal with shipping and hotel operator Hai Sun Hup (HSH). While
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  • 563 1 Reuters [HONGKONG] Asian fund managers say the foundations to Asia's stock market rally look increasingly shaky, even though most regional markets keep moving higher. With most fund managers forecasting a correction soon, many are trying to highlight potential selling triggers. So far, the list
    Reuters  -  563 words
  • Page 1 Advertisements
    • 158 1 HHBPB Gredit rctmgi fv binds Singapore debt issuers, including statutory boards, should be encouraged to seek credit ratings for their bonds to create greater transparency in the local debt market, Pg2 PC market Personal computer shipments in the AsiaPacific shrank by 25.8 per cent during the quarter ended September, both
      158 words
    • 24 1 Fantasy of HK property bulls. Pg 3 KL can afford to invite foreign funds back, Pg 17 Market reports, Pgs 22, 23 and 26
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    • 147 1 T I A I It j M I i No business inbranKSS IHH [BEIJING] Silhouetted soldiers from the Peopled Liberation Army arriuingon Saturday at an exhibition centre in Beijing torisit an exposition on the achievement of economic reforms in ttopasttwo decades. Like the army, the Chinese bureaucracy ha5 ordered to
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  • SINGAPORE AT HOME & ABROAD
    • 596 2  -  Transparency, even for qnasi-govt bodies, can only be good for investors: observers Ny Wong Wei Kong SINGAPORE debt issuers, including statutory boards, should be encouraged to seek credit ratings for their bonds to create greater transparency in the local debt
      596 words
    • 267 2  -  EYE ON THE ECONOMY Construction By i Corinne Kerk Construction progress payments fell year-on-year for a second straight month in September, leading to the first quarter of contraction in recent years. Latest figures from the Construction In- dustry Development Board (CIDB) show payments made out to
      Source: OCBC  -  267 words
    • 364 2  -  LETTERS TO THE EDITOR Goh Shih Yong Head of public affairs For Director of Primary Production Dept I REFER to Jaime Ee's commentary "Time to tighten the leash on shooting of stray dogs" (BT, Nov 7) and Lee Wei Ling's letter "PPD should
      364 words
    • 385 2  -  Dr R C Cooper Singapore IN recent years, several Singaporeans have suggested to the government to consider abolishing estate duty for different reasons. So far, this plea has not received favourable consideration from the government. The insignificant revenue which government derives
      385 words
    • 264 2  -  In total, it bids $69m for the sites in Choa Chn Hang, Sengkang By David Boey ESSO topped bids in the tenders for the development of a pair of petrol stations in Choa Chu Kane and Sengkang, which attracted a
      264 words
    • 708 2  -  UK giant eyes 'hundreds'of stores around Asia By < Carol Eng SINGAPOREANS who have come to associate Electric City with being just a homegrown retailer may soon see it in a different light UK powerhouse Kingfisher, which just acquired the business, plans to
      ARTHUR LEE  -  708 words
  • Page 2 Advertisements
    • 244 2 9 QUEEN ASTRID PARK i I I j Legal Description Lot 257-20 MK 4 A,/ Is) el Land Area 2574.9 sq m E /W n (approx. 27,716 sq fl) 9 V J§y Tenure Leasehold 999 years /v Descri P tion Single-sly bungalow sitting on a x'X /v/ jL. regular shaped
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  • ASIA'S ECONOMIC SLUMP
    • 690 3  -  CRISIS WATCH Upbeat forecasts on pick "tip are thin on reality given local, regional economic downtnrn By Vikram Khanna CAN property prices rise in the midst of an economic depression? Sure—look at Hongkong. Since the start of October, some major real estate developers in the
      690 words
    • 317 3 Reuters [MANILA] For over a year now, the phrase "investor confidence" has rarely been used in crisis-hit Asia except to highlight its absence. That appears to be changing in the Philippines, where bullish projections of 1999 growth and a large corporate deal last week have
      Reuters  -  317 words
    • 899 3  -  Govt te cut foil-year forecast Mowing unexpectedly big fall From\ Eddie Toh in Kuala Lumpur THE Malaysian central bank said the worst is over but economists said the economy, which contracted by a larger-than-expected rate of 8.6
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    • 269 3 Reuters [TOKYO] South Korean Prime Minister Kim Jong Pil has asked Japan to consider initiating a US$3OO billion (***** billion) "Asian Fund", Japanese media said. Mr Kim met Japanese Prime Minister Keizo Obuchi at a joint ministerial meeting in Kagoshima, southern Japan, on Saturday and
      Reuters  -  269 words
    • 452 3 Imports also down sharply, local demand stagnant, investment Reuters (SEOUL] Hopes for an imminent economic upturn in South Korea faded yesterday when new data showed industrial output took another tumble in October. A sharp fall in October imports, stagnant domestic demand
      Reuters  -  452 words
  • Page 3 Advertisements
    • 9 3 M*alA oan invite foreign funds back now, Pg 17
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    • 251 3 THf^oNETM^^w^w^^^^iNGAPOßE HI AMOUNT OFFERED SGDBSOMK) El j|| ISSUE CODE N*****2T W ISSUE DATE 10 DECEMBER 1998 n U MATURITY DATE 15 DECEMBER 2000 B fH INTEREST RATE TO BE DETERMINED BASED ON THE |f§ *11 AVERAGE YIELD OF SUCCESSFUL |fg APPLICATIONS P| ii PRICE TO BE DETERMINED AT THE AUCTION
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  • THE REGION
    • 425 4 JAKARTA Party to focus on Islamic roots; no reports of violence Reuters TENS of thousands of supporters of Indonesia's leading Muslim-backed opposition party crammed into the centre of Jakarta yesterday for the start of a four-day party congress, just months before
      Reuters; AFP  -  425 words
    • 275 4 KUALA LUMPUR Economy improving so we can bear cost, says minister Bernama MALAYSIA will resume its military exercises with Singapore and three other countries under the Five Power Defence Arrangement (FPDA) next year. Defence Minister Syed Hamid Albar said yesterday. He
      Bernama  -  275 words
    • 324 4 KUALATRENGGANU Recordings could explain Anwar's expulsion from party Bernama UMNO will try to establish how tape recordings of the Sept 3 Umno Supreme Council meeting which expelled Anwar Ibrahim from the party have been made available to the public. Umno
      Bernama  -  324 words
    • 300 4 JAKARTA AFP FORMER Indonesian president Suharto is ready to face trial for corruption if charges are presented, but if he does go to court other heads will roll, his legal adviser has warned. In twin statements, issued late Saturday
      AFP  -  300 words
    • 205 4 SYDNEY AFP INDONESIA has refused to allow an Australian government investigator access to East Timor to probe the deaths of five newsmen, Defence Minister John Moore said yesterday. Mr Moore said he raised the matter with President B J Habibie and military chief General
      AFP  -  205 words
  • Page 4 Advertisements
    • 502 4 DEVASTATING CHRISTMAS OFFERS FROM PHILIPS n-pno High-performance 32-bit Ml PS-based Philips RISC Multiple input methods The Nino 300 is equipped with a T9™ processor at 75MHz Designed for fast access and high j smart keyboard developed by Tegic Communications throughput of Windows® CE applications. j and supports smAßTwriter® hand-writing recognition
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  • REGION
    • 164 5 KUALA LUMPUR AFP THE Malaysian government has failed to build the island of Labuan into a "Little Singapore" financial centre as promised, a former chief minister in the eastern state of Sabah complained yesterday. "Labuan has failed because the federal administrajflrs have been
      AFP  -  164 words
    • 369 5 BEIJING" Govt opts for reform over allowing foreign ventures: report Reuters BEIJING is against foreign participation in telecommunications and is instead accelerating a plan to break up the nation's telecoms giant to boost competition, the China Daily Business Weekly said yesterday. "With no
      Reuters  -  369 words
    • 289 5 BANGKOK AFP THE Thai government is fighting an uphill battle to convince Thais it is in control of its reform programme with the International Monetary Fund (IMF) as key bills face mounting opposition. Premier Chuan Leekpai is struggling to counter allegations that he is
      AFP  -  289 words
    • 398 5 BKIJING Govt's anti-graft order comes four months after similar decree to army AFP CHINA has ordered its vast bureaucracy to cut ties with all its businesses from next year in a bid to stamp out corruption as the 20th anniversary of Deng Xiaoping's economic
      AFP  -  398 words
    • 439 5 SAPPORO, Japan AFP CHINESE President Jiang Zemin yesterday wrapped up a landmark visit to Japan marred by his failure to get a written apology for Tokyo's wartime atrocities. Mr Jiang visited a monument to great Chinese writer Lu Xun in the northern
      AFP  -  439 words
  • Page 5 Advertisements
    • 752 5 HOT NEWS. SUN WON'T BURN YOUR POCKET. WORKSTATION PACS* AM workstation R*Cs come with Solans Desktop License, Real PC and 17* Color Monitor. DESIGNER Ultra 5 270 MHz UItraSPARC II i *****0 5 Entry level system that is ideal for software and Java development, EDA and digital content creation WBtk•
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  • Page 6 Advertisements
    • 52 6 Liberate your company ways of thinking Telstra you freedom deep, improve already j Fortune companies technology. We can do the same for you 'p §^*S>'**Ss •'iji ~>£w^B -*t" j r I I Telstra- Think beyond technology I preecall n Australia Email- thinkbeyond@telstra.com.au www.telstra.com.au *Freecall number only Singapore. Trade Telstra Corporation
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  • REGION/WORLD
    • 573 7 NEWDELHI Govt's defeat in provincial polls may affect passing of economic reform bills Reuters AFP INDIA'S Congress party won power in the central state of Madhya Pradesh yesterday, completing a sweep over Hindu nationalists in three states, the Press
      Reuters; AFP  -  573 words
    • 309 7 SYDNEY AFP FOLLOWING weeks of speculation, Treasurer Peter Costello ruled out yesterday any mergers between Australia's big four banks until they become more competitive. His comments follow a frenzied week on the markets that saw bank shares soar 5 per cent on
      AFP  -  309 words
    • 400 7 SYDNEY They need to be reined in, Aussie central banker says AFP AUSTRALIA'S central bank chief has acknowledged that hedge funds could be out of control and need to be reined in. While the Australian dollar is relatively stable and now
      AFP  -  400 words
    • 277 7 BONN Reuters GERMAN Chancellor Gerhard Schroeder will host a summit with French leaders today, looking to jump-start Franco-German relations which had faltered In the dying days of former chancellor Helmut Kohl's administration. The Bonn-Paris axis Is widely seen as the motor of
      Reuters  -  277 words
  • Page 7 Advertisements
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  • Page 8 Advertisements
    • 50 8 fi sp ®fo?p 7£m&- wS- sm >-9S im w ■Jhdgf If? W Ttf|fci»T V M Jfe Al fl A A ~j BL J H .A I Hoteicariton.coted Azur Vanessa-Mae hands oven I phone to Jean-Paul Gaultier.Tne inspire I about this soon on TV, www.beinspired I statement. Siemens SLIOBB. be inspired.
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  • Page 9 Advertisements
    • 49 9 5 —N c o #iTi! 7**jsl '.y .^■■Pw g llkk ft '(Miniiii fy |p w* A i m W 41 w Spfe4 ;:M *?P flB -f'% ■n> I4WHNApiWuv lae hands over the new Siemens SLIOBB tier. The inspiration for Gaultier. More ww.beinspired.com and as a fashion {8. be inspired.
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  • FOCUS
    • 1180 10  -  Liberal Party leader Ichiro Ozawa's agreement to form coalition puts him in kingmakers' sights From Anthony Rowley in Tokyo AN extraordinary political phenomenon has erupted in Japan with the agreement between Prime Minister Keizo Obuchi's governing Liberal Democratic Party and Ichiro Ozawa's Liberal Party to
      FILE PHOTO  -  1,180 words
    • 322 10 Obnchi wants him to keep finance post; uncertainty casts clond over coalition Reuters [TOKYO] Japanese Finance Minister Kiichi Miyazawa. who announced last week that he intended to step down soon, was under pressure yesterday to remain in his post. Mr Miyazawa's uncertain future also threw
      Reuters  -  322 words
  • Page 10 Advertisements
    • 2238 10 IB PUBLICfINANCE COMPANY LIMITED AND SUBSIDIARY (Incorporated in the Republic of Singapore) At beginning of year 364.942 THE COMPANY THE GROUP (iVw Notes 1998 1997 1998 1997 At and of par ASSETS Accumulated depreciation: At beginning ol year 330,609 Cwrtnt aetata: Doproclatlon lor Die year 19,110 Caak 1,595,691 6,438,974 1.115,745
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  • BUSINESS IT
    • 582 11 Increasing consumer sales confirm that consumer demand is riding a tail wind Nikkei [TOKYO] In a Nov 25 press interview, Toshiba Corp president Taizo Nishimuro, currently serving as chairman of the Japan Electronic Industry Development Association (Jeida), said the battered Japanese high-tech industry has
      Nikkei  -  582 words
    • 421 11 The palmtops will use Chinese version of Windows CE Reuters [SHANGHAI] Microsoft Corp has unveiled Chinese-lan-guage software for palm-sized computers, giving the US software giant the upper hand in the battle for China's market. The hand-held computers will use a Chinese version
      Reuters  -  421 words
    • 700 11  -  S'pore PC market down 32% and Malaysia down 48% during period, says new IDC study By' Raju Chellam [SINGAPORE] Personal computer shipments in the Asia-Pacific shrank by 25.8 per cent during the quarter ended September, both in value and unit terms,
      Sourer DC Asa-Pacific  -  700 words
    • 231 11 [SINGAPORE] US giant Hew-lett-Packard Company expects to grow by more than 25 per cent in South-east Asia next year in local currency terms, fuelled mainly by increasing demand for personal computers, printers and imaging products. The company will also shift its focus from
      231 words
    • 246 12 Xinhua I BEIJING] A so-called fire all system developed by the Beixinyuan Corporation to protect Novell Network subscribers was released here last week, marking the introduction of the first domestic computer system designed to deter the mounting incursions by hackers. "We developed the system
      Xinhua  -  246 words
    • 708 12  -  It will be an ISP by mid-1999 and will offer basic telecom services in April 2000 lhj Toh Han Shin [SINGAPORE] Star Hub, Singapore's second telecom player from April 1, 2000, promises a wide range of innovative services that will mean better prices for
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    • IT TAKES
      • 52 12 (SINGAPORE] Trade visitors can now register online to visit Scan Tech Asia '99, to be held in Singapore from June 23 to 25. The exhibition and convention is sponsored by the Automatic Identification Manufacturers International and organised by Reed Exhibition Companies. For details, go
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      • 31 12 [SINGAPORE] Hitachi Asia has been presented with the EDI Recognition Award by the National Computer Board in recognition of its aggressive implementation of EDI (Electronic Data Interchange).
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      • 64 12 [SINGAPORE] IBM, Intel, SCO and Sequent have come together in Asia to energise the Unix industry. These companies are members of a consortium called Monterey. The ultimate aim of Monterey is to create a single Unix operating system, based on the IBM AIX kernel. This makes it possible
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      • 44 12 [SINGAPORE] Compaq Computer Asia has teamed up with Telecom Equipment to provide integrated IT solutions with Telecom Equipment as Compaq's reseller. Telecom Equipment will market Compaq products in Local Area Networking (LAN), Wide Area Networking (WAN) and Internetworking for companies.
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      • 45 12 [SINGAPORE] The Ang Mo Kio Community Hospital has implemented SAP Healthcare, SAP's software which increases efficiency and productivity in health care. The SAP software will enable hospitals to control expenditure, reduce costs and project future material and capital needs.
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      • 55 12 [SINGAPORE] NetWorld+lnterop99 Singapore will be held from April 5 to 9 at the Singapore International Convention and Exhibition Centre. The event is organised by ZD Events. There will also be an Interop Asean tour to Singapore, Manila, Kuala Lumpur and Bangkok. The tour will be in Singapore at the
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      • 56 12 [SINGAPORE] The Singapore National Eye Centre (SNEC) has implemented Budget 2000, a multi-dimensional online application programming (OLAP) solution for budgeting, forecasting and analysis. Using Budget 2000's OLAP technology, users can make quicker decisions. The solution was implemented by MyCroft Technologies and Communications Pte Ltd,
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      • 44 12  -  -Compiled by 1 Toh Han Shin [SINGAPORE] Cisco will conduct a seminar on Internet and Virtual Private Network (VPN) technology for small and medium enterprises at the Grand Hyatt Hotel on Dec 7. For more details, e-mail Janet Au Yeong at jauyeong@cisco.com.
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    • 844 13 A billion connected computers and Intel The chip giant is building big dreams around its core competence, kemketb jambs learns IT'S the office cubicle of tomorrow, with no PC monitor in sight. There's no need for one because a panel of the cubicle doubles as a large video screen. A
      844 words
    • 410 13  -  KENNETRH JAMES FOR Intel Corp, manufacturing in Asia is a given. Over the past two decades it's poured billions of dollars into plants around the region, from Malaysia to the Philippines to, most recently, Shanghai in China. But now the leading maker of microprocessors
      410 words
    • 428 14  -  'Players' use AI for the game hut they had limitations By' Tod Han Shih [SINGAPORE] Computers may have beaten chess champion Gary Kasparov, but robots are still a long way from taking on Fandi Ahmad in football. Still, that wasn't the point of the
      SIEW YAW HOONG  -  428 words
    • 638 14  - Comdex —time for a rethink By David Welcher The writer heads Computing Dynamics (USA), a Brooklyn-based management consulting and software development firm I HAVE been to every Comdex Fall since 1988. I usually wish for more days, to aid in gaining true understanding of the current state of IT. This
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    • ONTHE SHELF
      • 70 14 IBM's first micro-tower model of its PC 300GL commercial desktop (above) is ready, with prices starting at $1,629. The system comes with IBM's G5115-inch monitor, Universal Management Agent (UMA) software package, 300 or 333 MHz Intel Celeron processor, 32 MB RAM, 3.2 OB hard disk, and
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      • 77 14 SUN Microsystems, Frontline Technologies and the MK Group have launched a complete manufacturing management solution, called Sunshine Bundle on WM (Virtually Vertkal Manufacturing), targeted at mfel-eiied manufacturing enterprises. It is available in three standard configurations, all running on Sun's hardware on a Unix environment The package comes
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      • 65 14 DIAMOND Multimedia Systems Inc will debut next month the Rio PMP3OO, a portable digital audio player that ktsueer* download and listen to audio from the Internet or from their own music CDs. The $340 device comes with 32 MB of Hash memory that's good for 80 minutes
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      • 53 14 LOTUS Development Asia-Pacific has announced Lotus Sametime, a family of real-time communication and collaboration products that works on a network and lets users "quickly find and collaborate with their colleagues, whether they sit across the hall or across the globe". Beta versions of the product can be
        53 words
      • 52 14 ADAPTEC Inc has cut the retail price of its Ultra2SCSI 2940 U2Whoet adapter kit by 20 per cent, to US$399 (*****). The kit is targeted at PC workstations and servers and Is designed for users requiring an all-in-one SCSI solution, the company said. For details,
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      • 70 14 VISIO Corp is ready with Enterprise 5.0, a cross-functional solution for enterprise-level design, modelling and documentation. Specially designed for network professionals, the software maps the logical connectivity of a network, supports reverse engineering of Visual C++ and Visual Basic code, and allows for the design of
        70 words
      • 66 14 MACROMEDIA Inc is offering a 35 per cent discount on itsDrtamTeam suite till Dec 31. The suite includes three tools for building professional Websites— Dreamweaver, Fireworks and Flash—and now retails at $1,096. Dreamweaver is a visual toed for Web site design. Fireworks is a new Web graphics
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      • 56 14  -  Compile* bjr Raja Chellam SAP South Asia-Pacific has announced TeamSAP Support to deliver to R/3 customers a complete set of twhnic*> online and consulting support services based on proactive and preventive techniques. It extends current SAP maintenance services, and includes new features that will debut
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  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 224 12 Strait i Talk I* SHIPPINGTIMES r» V Introducing the BJC-5000 Highly versatile with two ink cartridges. Easily cusfomised wifh others.* t i*LJ*"* -> MM. iJ V*T 4 _vgr& y «-A iligf J 1 A 9 f JH II ;a HHr g Sr aa w 9 Bfciii ifci I ,>Jll!^jr -'>44^lP§||3|tlPBßß||!Bl|lW
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    • 9 12 The Straits Times Classified Where j f_| buyers sellers
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  • Page 13 Advertisements
    • 412 13 SI)! Iu'IIi! II s «11V 111 sl|) i; 1 11! (DLT^ MJpi': il. 1.1u.i! I'll II) 111 I i.ijir Is OIK' »I! tin 111. Willi! t'oitifs In lit i \rl! il. lv!ullU' 11 .1 1. i I) i It. k!I .i IH i s!'< 11 .1 l J,l'. t<i I
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  • Page 14 Advertisements
    • 272 14 PRINTING MACHINERY PACKAGED AIR-CONDITIONING SYSTEM |^K| MULTHNDOOR-UNIT(KX-SERIES) L, NEWSPAPER OFFSET PRESS hkJL s.iKil MB H||^MH^^ V P" A Mr -B'B CL ik 4 R,. silica JP I, FORKUFTTRUCK A /I -jJiBV -< M l m -b Vtf tiffi %y P MJi\ a ■jjttjjsflhs r™ v^^H |^^B TRUCK MOUNTED 1 concrete
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  • EXECUTIVE LIFESTYLE
    • 568 15 TRAVEL Hotels are folly booked for the X'mas period, unlike in the rest of Indonesia -AFP [JAKARTA] Indra, the booking agent at the Bali Padma Hotel, has a message for all callers from overseas or other parts of Indonesia asking about the Christmas-New Year season
      -AFP; FILE PHOTO  -  568 words
    • 950 16  -  ABIGAIL trafford reflects on van Gogh's painting and pain ABIGAIL TRAFFORD LAT-WP YO! Van Gogh! I like your painting better after you'd gone mad. This is a terrible thing to say because you suffered so much with your illness. But when I look at your
      LAT-WP; FILE PHOTO  -  950 words
    • 481 16  -  MUSIC Guest soloist Hough strikes good balance between mind and heart at SSO concert By Benjamin Loh FROM the thunderous opening chords of Rachmaninov's Piano Concerto No 1 in Fsharp minor. Op 1, guest soloist Stephen Hough immediately established himself as a true virtuoso at
      FILE PHOTO  -  481 words
  • Page 15 Advertisements
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    • 108 15 24-hour Coffee House let floor The Chicken Rice Capital Of The World 333 Orchard Road, Singapore *****7. Tel: 737 4411 E*oHc Dgl>c<*o<s Prices In November, Win Hoo Chinese Restaurant brings you the rare exotic delicacy of Soujh Pol# lo Fish. braised, steamed wKoie or stir-fried, at just $17 00*** per
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  • Page 15 Miscellaneous
    • 697 15 TV&BADIO 130 PM TV Innovations. 4.00 Kldz Sesame PVw 5.00 Romuald The Reindeer. UO Kidz Blitz: Captain Zed and the Zee Zone. l, a tl™ W 0.00 Teletubbies. 4MBK 630 Little Bear. V"* 7.00 Videofashiun: American a| fr K%L' v if 7JO 20/20: Godspeed, John /M| Glenn/ Too Old to
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    • 155 15 CRYPTIC CROSSWORD 27 Break one's nose (8) 28 Be good at distinguishing veg- 8 Also after that time a few, SATURDAY'S SOLUTION etables? (4,4,6) plenty more than that (3,4,4) IsltlrieTalklelrMslpl I Irl ilt I 11 Soldiers one could be offend- IcUi ■lmrtßMbeMeMui DOWN ed by? (54J) R^prai^EiDMßiqvjEjßj 2 Old man
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  • Page 16 Advertisements
    • 974 16 t ML tri-m TECHNOLOGIES (S) limited //mwm\ (INCORPORATED IN THE REPUBLIC OF SINGAPORE) The Directors of TRI-M Technologies (S) Limited wish to announce the unaudited results for the six months to 30th September 1998. GROUP COMPANY ssooo SS'OOO 1998 1997 Change 1998 1997 Change 1. (a) Turnover 25,144 17,194 46
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  • COMPANIES & MARKETS
    • 855 17  -  Agreement comes after Bank Negara threatens to write off their bad debts From From Meera Tharmaratnam in Kuala Lumpur AFTER dragging their feet for months, a majority of Malaysia's banks have finally cut a deal with regulators to sell their
      855 words
    • 753 17  -  MARKET MATTERS But the floodgates should remain shut against speculative foods Eddie Toh IS the Malaysian stock market rally sustainable? The Kuala Lumpur Stock Exchange Composite Index has almost doubled to a shade below 500 points from 262.7 points in September,
      753 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 785 18  -  Analysts not convinced that heavyweights have offloaded interests From Eddie Toh in Kuala Lumpur THE Kuala Lumpur Stock Exchange is slowly becoming more transparent as more substantial shareholders disclose their identities under Malaysia's new securities law, but the disclosures so far
        785 words
      • 513 18 NST [KUALA LUMPUR] The Kuala Lumpur Stock Exchange has proposed a 500 million Malaysian ringgit (*****.1 million) revolving fund to, among other things, take over the non-performing loans of stockbroking firms. KLSE executive chairman Mohamad Azlan Hashim said a committee comprising representatives
        NST  -  513 words
      • 261 18 After that, 610 has two weeks to make a formal response Bloomberg [SYDNEY] AMP Ltd, Australia's largest fund manager, said it expects to issue its takeover offer for rival insurance company GIO Australia Holdings Ltd on Friday after a court last week
        Bloomberg  -  261 words
      • 211 18 Reuters [MELBOURNE] Australia's largest resources company. The Broken Hill Pty Co Ltd, will greet its new chief tomorrow with the dismal news that its first-half 1998/99 profit could be at least 40 per cent lower than it was a year ago. The outlook
        Reuters  -  211 words
      • 354 18 Reuters [PARIS] France Telecom said yesterday it bought a 2 per cent stake in its ally Deutsche Telekom for 8.2 billion francs (552.4 billion) while the German company had bought a similar stake in France Telecom for eight billion francs. The cross-stakes, which
        Reuters  -  354 words
      • 477 18 State may inject funds, shareholder Rashid cnt his stake Reuters [KUALA LUMPUR] Rashid Hussain Bhd is calling a news conference today to sign a deal with the Pahang State Economic Development Corporation (SEDC), a company official said yesterday. The signing ceremony will take
        Reuters  -  477 words
      • 53 18 [BEIJING] Sixteen-month-old Qiu Yanyun touches a snowman made of Coca-Cola cans at the Cuiwei Department store in western Beijing on Friday. The snowman and tree behind it are part of a marketing campaign organised by Coca-Cola which is using Christmas related promotional efforts for the first time
        REUTERS  -  53 words
      • 540 18  -  More hours of news for Asia, plan to double staff: official By I Catherine Ong [SINGAPORE! Cable News Network (CNN), the Atlantabased broadcaster that pioneered the 24-hour news channel, is expanding its operations in Asia despite the regional economic downturn, a senior company
        540 words
    • FINANCE & COMMODITIES
      • 602 19 His sadden resignation and a profit warning posh stock down 8% Bloom berg, FT FT [LONDON] Barclays pic chief executive Martin Taylor was pushed into resigning by nonexecutive directors who were angry because of Russian hedge fund losses the bank sustained this year,
        Bloom berg, FT; FT; Source: Bloomberg  -  602 words
      • 302 19 FT [TORONTO] Canadian Finance Minister Paul Martin is set to block in their present form two proposed mergers involving four of Canada's five largest banks, according to a senior Canadian banker. Canada's competition bureau is expected to deliver its preliminary
        FT  -  302 words
      • 312 19 The USssom revamp will be completed before year 2000 AFP [HONGKONG] Banking giant HSBC Holdings pic will extend the HSBC name to all its vast global assets, the group said in a statement received here yesterday. The renaming, using the acronym for
        AFP  -  312 words
      • 381 19 Bloomberg [FRANKFURT] Within days of Deutsche Bank's announcement that it is taking over Bankers Trust of US, rumours are rife about an impending deal by its rival Dresdner Bank AG with Credit Suisse Group. The speculation that Dresdner will merge with
        Bloomberg  -  381 words
      • 172 19 Bloomberg [HONGKONG] Dresdner Kleinwort Benson, the securities arm of Germany's Dresdner Bank AG, fired 13 staff in Hongkong, closing its proprietary trading desk, because of "difficult market conditions", an executive said. The investment bank is keeping its treasury department intact, and is redistributing
        Bloomberg  -  172 words
      • 189 19  -  Soh Tiang Keng [SINGAPORE] Germany's Gerling Global Reinsurance has opened a branch here to serve the markets of Singapore, Indonesia, Philippines, Taiwan, Korea, Hongkong and China. The branch at Centennial Tower is managed by Peter Hugger, regional head and chief executive. BT understands that
        189 words
      • 296 19 It may offer 900b yen in biggest purchase of Japanese firm Bloomberg [TOKYO] GE Capital Services Corp. the world's largest nonbank finance company, is negotiating to buy a Long-Term Credit Bank of Japan Ltd (LTCB)unit's leasing arm to expand its rapidly growing consumer
        Bloomberg  -  296 words
    • COMMODITIES FUTURES
      • 535 20  -  Mmii« Weeklyßoundup Hiroko Komiya MMS International [SINGAPORE) Forex markets are expected to look for directional clues from the slew of US economic data this week to assess whether the renewed exuberance in US stocks is fundamentally justifiable. The Dow Jones Industrial Average marked a record high closing
        Source: Simex  -  535 words
      • 834 20 COMMODITY Weeklyßoundup AFP |LONDON) The failure of the Opec meeting last week to prop up oil prices left crude at historic low levels, while elsewhere in the commodities markets coffee prices heated up. Brent, the reference North Sea
        AFP; Source: Bloomberg  -  834 words
    • 1908 20 S1C0M rUTPRES A'ov 27 RUBBER (futures closing is it 5.30pm) RSS1 CONTRACTS cents/kg) CtOM Volume Open Month High low Sett (towns) Interest Dcc 98 110.50 450 Jan 99 111.25 550 Feb 99 H4.75 113.75 113.00 450 1375 Ifef 99 1M.75 1175 Apr/Jim 99 119.50 2250 Jul/Sep 99 123.50
      1,908 words
    • 4344 21 Net MTU era Llanh Huat Sep 30 I 4.3231 2.324 2L 1.07 Date TY LY TY IV IM Kim Teh Sep 15 I 2 901 1.1*2 3 62 1.48 Company ann (tut) ($m) (ctt) (eti) LlmKahNgam Sep 30 t 89 49L 0.051 *14. 0.03 Lum Chang
      4,344 words
    • MARKET REVIEWS
      • 279 22 HONGKONG AFP HONGKONG share pi ices are expected to take a downward course in the absence of fresh incentives to extend a 5 per cent gain over the week to Friday, dealers said. "I think the market will go for a correction
        AFP  -  279 words
      • 870 22 f J Sydney +C 7.7 THE Austialian market will turn its attention towards more local data in the week ahead with seven weighty in dicators due for release one of the busiest times of the year, brokers said. "The direction of financial markets for the rest of
        870 words
      • 598 22 NEW YORK History shows that a record shortly after a fall of 10% or more is a bullish signal Bloomberg THE rally that pushed US stocks back to record levels last week for the first time in more than four months shocked investors
        Bloomberg; FILE PHOTO  -  598 words
      • 1690 22 QParis +145L24 FRENCH stocks closed higher on Friday after a brief consolidation in the morning, lifted by another bout of M&A rumours, scrappy buying in underperformers and small early gains on the Dow. The blue-chip CAC-40 Index closed up 35.41 points at 3,950.94, rising 148.24 from the
        1,690 words
      • 417 22 LONDON AFP LONDON'S stock market edged up last week on the strength of a record Wall Street close early on and a steady diet of merger talk and speculation over a new cut in British interest rates. The FT-SE 100 Index closed at
        AFP  -  417 words
      • 320 22 TOKYO AFP JAPANESE stock prices are likely to hold firm in the coming week with fears of a crash receding, brokers said. "Tokyo shares are in the course of turning up, thanks to New York shares' rise to new highs, the
        AFP  -  320 words
    • KUALA LUMPUR STOCK MARKET
      • 460 23 AFP W% Composite Index +3&52 THE Malaysian bourse is expected to see continued buying interest due to year-end window dressing in the coining days after soaring 7.9 per cent in the week to Friday, dealers said. The Kuala Lumpur Stock Exchange's Composite Index rose
        AFP  -  460 words
    • WARRANTS&OPTIONS
      • 2685 24 BONOS, LOANS ft WARRANTS wt 1998 Last Vol Wwk Last Oust* H«)h low Stno Company Sato tor COOO) High Lew Buyer Sailor Price 20.5 3 3160 "Acer ******1 USS 15.5 *2 1568 17.5 13 15.5 16 95 4.5 3164 Acma ******4 17 -0.5 2674 19 16.5 17 17.5 17 3161
        2,685 words
      • 192 24  -  WARRANT WATCH By R Sivanithy THE market seems to be in rotational mode at the moment. In the past week, electronic stocks. US dollar issues and Indonesian-linked stocks were in play. Looking through the market for stocks that have underperformed relative to the broad
        192 words
      • 225 24 HONGKONG STOCKS Or Cr 1998 LHt Vol >Mt Last (XxXt Dtv Wv TM Not M Cap High Low Stno Company Sato COOO) High Lao Buyor Sotfor C'vr P/E Smii 400 250 5123 CDL(2000)HK 400 8.0 2.4 2.0 20.5 ***** 5124 Cathay Pac 20c HK_ 720 265.0 2.1 7.4
        225 words
    • 5624 25 Week ended Nov Or Cr M Wt .oog Last Vol Week Lnt Ouote Oh Dtv *M Met Cap Avg High Low StNo Company SiM COOO> High Low Buyer Sollor Cvr P/f Smll Price MULTMNDUSTRY 142 49.5 mt >000 AcmaSOc 81.5 »15 6622 87 76
      5,624 words
    • 1307 25 Or or mm 1998 Last Vol Day Last Ouot* Dlv Olv Yld Nat Cap Avg Nig* Law StNa Company Sata COOO) High Law Buyar SaMar C'vr P/C Prtca MANUFACTURING 243 30 a 2049 AS Auto 10c 130 *16 ***** 142 111 129 130 15.0N 7.0 1.2 123 148.4 129
      1,307 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        530 26 Source: JM Sassoon Stacks Volume Datapulse5c 73,541,000 Brilliant 8c 72,504,000 SembCorpI 25c 69,933,000 Wing Tai 25c 64,738,000 SM Summit 10c 64,190,000 SingTel 15c 63,242,000 Uraco HldgslOc 53,135,000 MMI Hldgs 10c 50,265,000 •TanChonglntSOc 44,589,000 Liang Huat 10c 39,810,000 Stocks 5 SingTel 15c 170.891,383 SembCorpI 25c 135,963,146 UOB Foreign 135,883,504 SIA Foreign
        Source: JM Sassoon  -  530 words
      • 670 26  -  THE WEEK AHEAD With at least one more interest rate cnt seen before year-end, investors can expect another rally in property, finance issues By R Sivanithy GOING by logic, the local stock market should consolidate this week. Why? In the words
        670 words
      • Article, Illustration
        76 26  -  -by! Shiv Taneja COMFORT Group closed one and a half cents higher at 61 cents last Friday on a volume of 5 million shares, compared with its 10-day traded average of 3.5 million shares. There could be more upside in the near term, but trading is expected to
        76 words
  • Page 17 Advertisements
    • 756 17 KLSE plans RM5OOm fund far brokers' NPLs, Pg 18 jfe Habib Bank Limited (Incorporated in Pakistan) (Rupees ill "(XMJ) LIABILITIES 1997 1996 ASSETS 1997 1996 RUPEES RUPEES RUPEES RUPEES Authorized Captial 5,000,000 5,000,000 zzz Cash oil hand and Paid up Capital 2,478,495 2.478,495 wl,h Kanks 34,267.734 40,750.762 Reserve Fund Surplus
      756 words
    • 127 17 X J| Automation, Innovation L »l— IHH thinking and globally geared y M f* f\ More than 7,500 exhibitors from all I 1111 wl I I over world provide the comprehensive coverage you need for the I I right investment decisions. trie challenge Factory Automation f Power Transmission and Control
      127 words

  • Page 18 Advertisements
    • 88 18 i ,11 THE WORLD S LEADING !fz, OFFSHORE COMPANY AND TAX PLANNINC SPECIALISTS S'fv t> 1"/ > our worldwide staff of ovr mul' Mis' iphned pr ofessionals r hidiruj J^Hg| '■tivyf rs, cft,i'tered accountants, rhd'tered BwJ s.-i r♦ -r,ir ,cs .rid hankers have provided TJflB (onfiricfiti.il and 'os! effective c<
      88 words



  • Page 21 Advertisements
    • 58 21 C 3 j——, M a ZZI X- i 1 iM.il, ,MM 1111 tj| ~~c^" I j ~fll i /lil ii il Any Destination, j Any Time. I Sailing schedules to the Americas more. 2 4 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. Another innovative service offered
      58 words
    • 55 21 e Use creative recruitment Ads to |JpliPll|P St enhance your corporate frnage. l| jftfrfflMl BBBBHBBI BMBK -.■> v* --^aM———i^—Y "\S I*% J5 4 ''i4ikEt 3?A- *c#*W|F /jsm ?",rx.K- s&-.# a-; s^xta** ii utai >1 ti'imoiotulouimiioiionOutdii'Mua,cum: li ill VI I VJ fl iii t' i k'uimutuii! i£i> U'lV Cltuh CHauai *<0
      55 words



  • Page 24 Advertisements
    • 1227 24 BUSINESS J\'()tiC( S To advertise call toll-free 1800-741 1883 IN THE MATTER OF CORONA INSTRUMENTS (S} PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50, that a Final General Meeting of the members of the above mentioned Company will be
      1,227 words
    • 300 24 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF GARMENT INVESTMENT COMPANY SINGAPORE PRIVATE LIMITED (IN VOLUNTARY LIQUIDATION) MEMBERS VOLUNTARY WINDING-UP Al an Extraordinary General Meeting of the Members of the abovenamed company, duly convened and held at 9 Penang Road. 111-02 Part Mall. Singapore
      300 words
    • 8 24 TURN TO PAGES 10,16 &26 FOR MORE NOTICES
      8 words


  • Page 26 Advertisements
    • 1299 26 BUSINESS ()t ieCS To advertise call toll-free 1800-741 ISS3 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF CHEMPROHA CHEMICAL DISTRIBUTORS PTE LTD (Incorporated in the Republic of Singapore) NOTICE OF SPECIAL RESOLUTIONS FOR MEMBER S VOLUNTARY WINDINGUP(PURSUANT TO SECTION 290) I, LUM KHAIHOU. the undersigned,
      1,299 words
    • 445 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KEWALRAM REALTY LIMITED I, Narain Girdhar Chanrai. duty appointed Corporate Representative of Kewalram Singapore Limited, holder of ttie whole of the issued share capital of Kewalram Realty Limited, a Company incorporated in the Republic of Singapore.
      445 words
    • 450 26 Tuesdays The Property Column by Lee Han Skill THE TIMES 111 l MAYFRAN international ltd MM|fnm NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 2 Tuas Avenue 10, Singapore *****6 on 18 December 1998 at 4.00 pm
      450 words

  • SHIPPING TIMES
    • 299 27 Contributed by Simpson Spence& Young THERE has been a small increase in dry cargo activity but the tanker market has remained fairly static. The demolition market has fallen out of bed with prices tumbling down to low 100's. Demolition prices have crashed. The Chinese had been active and
      Contributed by Simpson Spence& Young  -  299 words
    • 293 27 US 1. i,.mM n*v CWT Distribution 0.54 <L0t M ChoanHup 0.55 *0.01 132 Cotco Investment 0.51 -0.02 22 Freight links 0.215 unch 1356 G8 Holdings 0.439 unch 36 Hal Sun Hup 0.475 unch 879 Hitachi 20Mn 0.796 0.029 399 IMC Holdings HK 5.5 Jays Holdings 0.S6 unch I
      293 words
    • 492 27  -  Measures introduced by MPA, PSA to reduce business costs for customers By\ Felix Chan [SINGAPORE] Port users could save up to $32 million yearly, thanks to the cost reduction packages unveiled by the Maritime and Port Authority of Singapore
      492 words
    • 833 27  -  LINER SCENE By David Hughes THE news stories over the past couple of weeks have painted a confusing picture of what is happening to the liner business and how its problems are affecting Singapore and South-east Asia. The
      833 words
    • 63 27 [STA VANGER, Norway] Preparations on the Crane vessel Thialf are in full swing to lift the upper part of the Brent Spar oil platform off the coast of Vats, near Stavanger, at the start of the dismantling of the platform. Environmental campaigners had
      AFP  -  63 words
    • 232 27  -  Asian Shipowners Safe Navigation Committee meets today By: Marcus Hand [SINGAPORE] Leading shipowners from across the region will be meeting in Singapore tomorrow for the 24th Annual General Meeting (AGM) of the Federation of Asean Shipowners Association (Fasa). The AGM is being
      232 words
    • 214 27 Bloomberg [JAKARTA] Indonesia said it received bids from six international companies to form a joint venture with PT Pelindo 11, a state-owned port company in which the country plans to sell a stake. The bidders are AP Moller Group's Maersk
      Bloomberg  -  214 words
    • SHIPPING NEWS
      • 490 28 SHORTAGES of officers, and particularly of engineers, are getting worse, according to the results of an Interim Manpower Survey by the International Shipping Federation (ISF), a group of national shipowners' associations. The statistics also suggest seafarers from Asian countries could be masters and
        490 words
      • 192 28 THE former chief executive of the UK's Marine Safety Agency (MSA) is to take over as permanent secretary of the International Association of Classification Societies (lACS) in June next year. He is to succeed James Bell, who retires after seven years as
        192 words
      • 114 28 The two associations representing the large UK ports have agreed to merge to counter subsidies to rival northern European ports. The ports of Felixstowe, Bristol and Thamesport, currently represented by the United Kingdom Independent Ports Association (UKIPA) are to join the larger United Kingdom
        114 words
      • PORT Shots
        • 148 28 DOWNCALLS by International Group (IG) P&I clubs are likely to be reduced following a reduction of about 20 per cent in the cost of the IG's main reinsurance contract. This follows a run of four reductions in consecutive years. The IG said the cut was possible because
          148 words
        • 65 28 JAPANESE shipping companies Mitsui OSK Lines and Navix are to merge next April to form a new company which will operate nearly 500 vessels and own assets worth over 640 billion yen (SsB.6 billion). Mitsui OSK will be operating a diverse fleet and maintaining
          65 words
        • 80 28 FRENCH classification society Bureau Veritas has launched what it claims is a new approach to classification which uses risk assessment techniques to integrate the owner's planned mainteniance system into the classification and survey of shipboard machinery and equipment. VeriSTAR Machinery introduces a riskbased classification system which
          80 words
        • 87 28 UNICOOL and other reefer owners are forming a new pool operation to be called Arctic Reefers. Unicool says the new company will focus on traditional reefer shipping but will "also engage in emerging markets with future potential" and will initially control some 20-25 reefer vessels from
          87 words
        • 49 28 THE Multiport Ship Agencies Network now has representatives in 100 countries, following the admission of new members in the Bahamas and the Russian West Arctic. The Bahamas member is specialist ship agent United Shipping Co of Freeport, while Murmansk-based NordMor Service is the Russian agent.
          49 words
    • 376 28 PACE Express T L t4 ami i FoonqSun 8 Accord 8 Frot4 Ahrenkiel 12 M Links 14 Appenship 5 L,n 1 Austral 8 Gemartrans 8 Avant 14 Genshgp 12 8'tanq Mas 8 Glory Nav 14 BSA 7 HaiSunHup 8 BTL 14 Hangli 7 Balaii Shpq 4 Hanjin
      376 words
    • 17657 35 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone I ETA ETA Advertiser VesS.I Voyage Telephone SIN Dest'n Name Name Number Number I SIN Dest'n Name Name Number Number I U/12 09/01 PIL BUNGA KENARI Ml 65-*****93 To ABIDJAN (ABJ) 2003 Cot* D'I voire I 14/12 09/01 straits
      17,657 words
    • SHIPS IN PORT
      • 602 41 Vessel Voy No Berth Arrival Departure Jvm* Pert And Adiratna 9805 J07 alongside 2911/1830 Bt S Makassa *****8 J01 alongside 29.(1/2000 Dooyangglofy 1196 J10 alongside 02.12/1600 Hms Premium *****P J13 alongside 02.12/0700 Joint Spirit 3A J09 alongside 29.11/0100 Marcopolo 62 01/98J J15 alongside 02.12/1300 Midas Hope 12 J11
        602 words
      • 1869 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclnq/B«l«nct Rstls Ship Voy No Etb/Btr Portod From To From UM DM CM2t 02/2300 U 21/15M 21/1651 21/WM It 21/1500 21/1651 21/WM a nmoo 30/0*54 jo/otoc 21 21/17M M/0651 30 WOO 30/0700 n/iim so/moo 4 30/1200 30/1451 30/1700 JkVCMtr M03a
        1,869 words
      • 206 41 Nor 30 Philippines: Bontacio Day. Dm 8 Austria: Ammuculate Conception Dec 12 Mexico: Virgin of Guadalupe (optional). Dm 23 Japan: Emperor's Birthday New Year Holiday. Dm 24 Finland: Christmas Eve. Dm 25 Nether land: Christmas Day. Mexico: Christmas Day. Finland: Christmas Day. Australia: Christmas Day. Austria: Christmas Day.
        206 words
      • 915 41 THIS report compiled by Cockett Murine 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-sized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual
        915 words
      • 527 41 Carton 180 Max 993.2 0.7 17.4 0.10 59 0.05 Nov 20 Density llattr ResMwe Ask Aluminium Segment No above E25 1 0 2 0 0 0 380 Ave 987.4 0J 15.0 0.06 30 0.02 bM 380 Max 995.2 0.8 19.3 0.11 61 0.06 »y/V %m/m wm
        527 words
    • AIR LAND TRANSPORT NEWS
      • 189 42 Bloomberg [MONTREAL] Air Canada, the nation's largest carrier, said it will cap commissions travel agents can earn for booking certain roundtrip international flights at Csl4o (*****.36), following the lead of US airlines. The cap, which will take effect on Jan 4, will
        Bloomberg  -  189 words
      • 168 42 Reuters [FRANKFURT] A German weekly magazine on Saturday renewed speculation that DaimlerChrysler AG plans to merge its aerospace unit with British Aerospace pic. Citing DaimerChrylser sources, Der Spiegel said in an article due to appear today that Daimler-Benz Aerospace AG and BAe would form a
        Reuters  -  168 words
      • 191 42 Reuters [DUBAI] An investigation has blamed human error and fatigue for the crash of a Tajik airliner in the United Arab Emirates which killed 85 people last year, the official WAM news agency said on Saturday. It quoted the head of the UAE
        Reuters  -  191 words
      • 424 42 160 older aircraft to be inspected for cracks on fuselage joints Bloomberg [WASHINGTON] The Federal Aviation Administration ordered US cargo airlines to inspect and, if necessary, replace fuselage joints on 160 older Boeing Co 727 aircraft. The FAA in 1991 found that
        Bloomberg; FILE PHOTO  -  424 words
      • 459 42 Dutch carrier expanding in Asia, building up global alliance Bloomberg [AMSTERDAM] KLM Royal Dutch Airlines NV chief executive Leo van Wijk said the carrier is looking for a partnership with Air China, China's second largest airline, as the Dutch carrier seeks to
        Bloomberg  -  459 words
      • 235 42 Reuters [NEW DELHI] The board of Indian Airlines has decided to seek directions from the civil aviation ministry on how to reduce the government's 100 per cent stake, an airline spokesman said. "The board has asked for broad guidelines from the government
        Reuters  -  235 words
      • 1879 42 COY FU6HT HA FU6HT ETD MataMa BA7381 1930 BA7382 2050 MmM ***** 1730 ***** m QUI IMP 0W2 2050 tiMirtinWC C2353 2035 Aaiitardam GA973 1005 KL838 2335 HmoI VH741 UK) VK742 0905 KLS37 1535 S0175 1835 S0176 1035 ScMpel $0343 0745 $024 2320 VN740 1410 Auckla*
        1,879 words
  • Page 27 Advertisements
    • 20 27 Shortage of officers from developed nations worsens Survey also suggests Asian seafarers could be masters within 10 years. Page 2
      20 words
    • 134 27 US govt orders checks on 8727 cargo planes 160 older aircraft to be inspected for cracks on fuselage joints. Back Page fefe-'tf"' R D i R LESS zi.; v When the leaders of nations and celebrities traveled to the East. NYK provided the services to help make history. Today, too,
      134 words

  • Page 28 Advertisements
    • 1161 28 I NORTH AMERICA 1 I EXPORT I 1 OTHER DESTINATIONS SSX SUPER SHUTTLE EXPRESS DIRECT TO LA WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) .VOT ETASM fTDSM IGO Ml HOU OK NT NKKOOTT VESSB VOT Sw"| PTQUETZAL AGUMTIA| PTCAIDERA RUBUVENTURA SAN LORENZO SAUNACRUZ nyi castor oSmt il/Tl is/ii HTij 57T5
      1,161 words
    • 558 28 1 WHAT'S NEW! Keep your 43^ on this spot for new services/clients. EXPORT 3 Japan -2 Hongkong -1 x Manila -1 x Kooshiung, Keeking (Accepting FCI to BKK/NAHA/SENDAI/CEWJ/LCH) viitei voy ha jut w>u| In Irtk mk6kh khm fr6 V 6* iMi U*l ta mfflKu OITI 2111 i7.il 01.12 01.12 112
      558 words
    • 146 28 L.nes&services represented Members o( the o|0|: by Members o< the Registry of Singapore Freight Forwarders Accredited Shipping Agents. Association xg»«" 2/ Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "ARKTIS TRADER" V.9811 ETA SIN 1/12/98 BOOKINGS CALL MONKA/AJ UNO TEL 323
      146 words

  • Page 29 Advertisements
    • 1063 29 TO EUROPE FROM EUROPE vtssa vor s*n rtm anr i«v sou hi uh jvtssti vor nw mb n« wv sou fit hh m OK SSOW 03/12 26/12 23/12 24/12 21/12 TYNI *****6/11 10/11 12/11 14/11 03/12 NOi IRIS 006W 04/12 20/12 22/12 25/12 26/12 DANU6E 5411 15/11 12/11 13/11 10/11
      1,063 words
    • 1991 29 (5) HANJIN SHIPPING HANJIN SHIPPING (S) PTE 110 hip //an toyn tOOmkC 326u23S 23/ SAUS 32M224 2)1 QOCUNMT 32W271 274 OftWitONS *****41 252 MLiN UNE 222/055 FAX 222WW (I NO 11 534»30u0« TO NW USA CANADA USA I CANADA* fmWvot iam I sin UNI HAui/Vor ]~~ha nw out pn or
      1,991 words
    • 658 29 FULLY CONTAINIKISBP PIPICATIP SIIV ICIs ■rnr t* pfoTyoY yinTi? m I n^T^T^ 1 vot yon OATC UISAN _BUS_ 27/ U. M/12_ OW 1011 l HONGKONG 1 iIK I M/ll I «''l7 IhYLINDAMjPRiSTt J G*ts |04/12l0t7iT] KMTC KEEIoNG BITS 29/11 01/12 »'.2» 02/1? 00/12. W]! H£2_ ]2/12 MONUNIA I7S I 13/12
      658 words

  • Page 30 Advertisements
    • 1502 30 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA VESSEL vor LEH HTM ANR HAM BUY FLX VtSKI VOY SIN GIT SPE FOS VLC MTR PUOONG SENATOR WMS49 01 12 17 12 1( 12 20 12 21 12 22 12 23 12 CALIFORNIA SENATOR WtMS2 03 12 20 12 22 12 23 12
      1,502 words
    • 1077 30 am MAC-rtELS S'PflftE M'SIA Carrier: MN CONTR LIMES, INC P. GUDANG. (07) *****26 I -I\~/\ J OR NO: *****7900Q0C SIBU: (084) *****9 MANILA: (632) *****24 V w PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21)*****07 MDN: (61) *****3 KUCHING (082) *****1-3 DUBAI PENANG/PORT
      1,077 words
    • 663 30 LINE By Tllrf MH4M IMb MMIH MUARA ~j LABUAN "1 vessel wr m n» vessb vor rro ha STORI MUARA STORE UN STRAITS HOPE V321/W 03/12 o*/12 STUJTSHOfE V3S/9B 03/1J 08/W CARAKA JNM-32 VI9I/98 06/12 Of/12 CAAAKA JMK-32 VI9I/W M/ 12 10/lt S7IAITS HOft V331/W 13/12 H/12 SItAITSHOK V331/W 13/12
      663 words

  • Page 31 Advertisements
    • 1331 31 [vessel voy sin sip pkg pen pqb pub I shj Iba bm IRAN HESABI PJLI32O 25/11 0«/12 05/12 07/12 09/12 IRAN VAHDAT PJLI32S 08/12 03/12 18/12 17/12 19/12 21/12 TBN 12/12 22/12 21/12 23/12 25/12 IRAN SATTARI PJLI323 24/12 03/01 02/01 04/01 08/01 IRAN BABAEI PJLI326 01/01 11/01 10/01 12/01
      1,331 words
    • 1930 31 Wttkly to Europe Main 1,.r, Mo.d.y and Saturday I Pir»<t to Irtwlmwi in 20 day J I SINGAPORE'S GENERAL AGfNTS: 6 SHENTON WAY TEL: 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE: COSTAR SHIPPING PTE LTD #i7-o« disbldg sales/bxgs *****57/60 inward dept(D/o» *****8S COSTAR AGENCIES (M) SDN BHD (R
      1,930 words
    • 687 31 EASTERN CAR UNER, LTD. |_fcj KL (SINGAPORE) PTE LTD JSSZSSL 1 SPCCIAUZI IN RORO HEAVY UfT UPTO 450 TONsl ECL (SINGAPORE) PTE LTD LOAD NG FOR CHITTAGONG BANGKOK/YOKOHAMA MV "TIERRA AZUL" V.20 MV "GOLD MEKONG" V.16 ETA SIN 06/12/98 ETA SM 09/12/98 ETA BKK 13/12/98 ETA CTG 12/12/98 ETA YH
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  • Page 32 Advertisements
    • 1467 32 EUROPEAIK/SCAWDIWAVIA/FINLAND/RUSSIA fIGPI ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL I SGP E DAINTY RW-008 06/12 26/12 26/12 27/12 26/12 25/12 30/12 E. RIGHT RE-036 12/11 14/11 13/11 16/11 17/11 10/12 11/12 E DEVOTE RW 004 12/12 06/01 13/01 09/01 11/01 12/01 13/01 E. REWARD RE
      1,467 words
    • 1024 32 CaaasPll pacific international lines (pte) ltd I 140 Ceal Street, #03-00 PIL Building, Singapore *****0. Cf) NO **********06 Ivtssa VOT m I m std mt »u« w. w j§ m snT*l I oocuccuum 027 w/n io/ii 7/u n/n u/» »i/n vm n/u I itmGA n»*rti 463 3/i? </n is/n u/n
      1,024 words
    • 706 32 NANTAI LINE FUUY CONTAINERISED SERVKE TO MAURITIUS SOUTH AfRKA vtssa vor sin rtu doe jn» ctt to NANTAI QUEEN VO3IS 08/12 17/1? 21/1? 74/1? 25/1? 2*/ l? NANTAI DRAGON Y.OIOS 11/12 28/12 01/01 OS/01 Oi/tl NANTAI WINCE VO26S 27/12 10/01 Ij/oT 14/01 NANTAI VENUS V 031S 03/01 12/01 16/01 19/01
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  • Page 33 Advertisements
    • 503 33 BSfl mm. MYANMA WMtk FIVE STAR LINE r (Myanmar National Lint) Loading for Yangon (Rangoon) VESSEL VOY SIN PKI PEN pgu PMYA 157 SID SITTWI S3W SID MALAYSIA AGENTS: IOOSTIAD SHIPPING AGENCIES KUL m (03)*****00 PKI: HI (03)*****01 PEN: Ttt (04)2****** PGU: HI (07)*****21/4 BANK LINE (A strvkt of Andrew
      503 words
    • 1584 33 ~HMMO HYUNDA^AERCHANTJWARJNECO^TT)^^^^^ Ivtssa ~voT IST souluhlrtmlahtlhamlrrvl m Ivissa vor sou ibi rim aw nam m ~hT sm LA LOIRE 524W 27/11 19/12 18/12 13/12 15/12 NOIPIAft 0051 04/11 11/11 07/11 10/11 28/11 HY GOOAI 315W 30/11 4/ 2 17/12 19/12 22/12 TYW 5241 14/11 13/11 08/11 10/11 01/12 HJ| M
      1,584 words
    • 992 33 norMegion ipecahzed oukxorntn W* Qsmie Wilhelmsen Lines TO NORTH AND LATIN AMERia RORO HEAVYUFT SERVICE fVESSU VOY RAMP HEIGHT iIN lAX CRL MIA SAV BAL ORF NYC I NEW I MOB TOURCOING F824 400 Tain bM *****" 09/01 Wol 2T76T 23/01 25/01 26/01 27/01 01/12 05/02 TAPKHA F9Ol 400 TOM
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  • Page 34 Advertisements
    • 955 34 BANGKOK/MAP TA PHUT/LA EM CHABANQ JAKARTA/PA W JANG VESSEL VOY SIN BKK MTP LCH~ VESSEL VOY SIN JKT PJN CHANA BHUM" 46N 01/12 04/12 ACX RUBY* 36S IN PT 03/12 XETHA BHUM 261N 01/12 OS/12 04/12 VIRA BHUM 239S |N_EI 04/12 03/12 NANTABHUM" 422N 02/12 05/12 06/12 ANRO GOWA* 061
      955 words
    • 573 34 INDONESIA NATIONAL LINE TO EUROPE I EXPRESS SEMI-CONTAINERISED SERVICE VSI VOT |~PO»l I *'DAII/»'DM»|h'»U»6 ItIMEH MTTWW 4 VfSSH I IS/12 I 20/12 |«/H <*"* OS/81 TO AUSTRALIA FULL CONTAINER SERVICE w IvorlptG sm I m im I stp |nal hm I mi I«t I MKT BflHtftlMl 20S |03/H OS/12§ !3/n|
      573 words
    • 1009 34 VESSELS VOY PKL MLA LEH FTTM HAM ZEE SOT VILLE D OftlON Y2BW 01/12 02/12 14/12 21/12 22/12 23/12 2S/12 26/12 VH_L£ DC MIMOSA V29W 08/12 08/12 21/12 26/12 29/12 30/12 01/01 02/01 VILLEDE TANYA T29W 15/12 18/12 28/12 CX/01 06/01 06/D1 Q6AM 06/01 VHXE DE TAURUS A29W 22/12 04/01
      1,009 words

  • Page 35 Advertisements
    • 47 35 STEnfkDial 740-6000 Oil *****311(1 mm (Retrieve more schedules!) Press "1" Select the port and key in STHCS the four digit code eg: To New York (NYC) 2275 Key in your fax number your phone number Another innovative service offered by CTCD The document Will be SHIPPING TIMES
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  • Page 37 Advertisements
    • 142 37 I FREE Rpadpr Enquiry SorviC6 cut out and fax to 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) rn 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
      142 words

  • Page 38 Advertisements
    • 1033 38 SAMUDERA SHIPPING LINE LTD I f 15 McCALLUM ST #03-01/02 NATWEST CTR 5.*****5 CR MO. **********0 D TEL: *****81-3 FAX: *****08 (OUTWARD)/*****69 (INWARD) TLX: R*****0 BOOKINGS CALL DIRECT LINE: *****41/43 JESSICA/CEUA/MEI CHAN L 7 SLGS/WEEK 2 SLG/WEEK VESSEL TVOY I~SiN fJAK VESSEL IVOY SIN |PLB IBARBAROSSA 035 01/12 (TUE) 04/12
      1,033 words
    • 740 38 CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI ACCEPTING BOTH SOC AND COC CONTAINER [VESSEL VOYACt ETA SINGAPORE ETA COIOMO ETA KARACHI SHAUMAB 003HW H/11/H 03/12/86 08/l?/W SWAT 003HW 03/1 ?/WOB/12/W 13/12/W SHAMMAUI 004HW 17/12/W 77/12/W 77/17/91 SWAT 004HW 74/17/W 71/17/W 03/01 /W SHAUMAI 00SHW 07/01/W 17/01/ M 17/01/W
      740 words
    • 415 38 SIN FAR EAST 06/12 KEELUNG/KAOHSIUNG 06/12 BANGKOK 06/12 MANILA/CEBU 06/12 JAKARTA/BELAWAN/SURABAYA 06/12 PORT KELANG/PENANG/E. MALAYSIA 04/12 BUSAN 06/12 TOKYO/YOKO/KOBE/NGO/OSA 04/12 HONG KONG sm CHINA 04/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EURQPE/UK 06/12 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES m USA/CANADA 06/12 LOS ANGELES/NEW YORK all IPI points
      415 words
    • 593 38 Singapore Soviet Shipping CPL CI No lOOSOMOOOON Multiline Shipping PL ItfMyOww! Subsidiary) Ct No **********0 C VESSEL VOY SIN BOM PNG PKL BUXMOON 121N 03/12 13/12 22/12 KOTA RUKUN RKNO2I 10/12 17/12 29/12 KOTARATU RTU29 16/12 23/12 04/12 [VESSEL VOY SIN CALCUTTA SIN HARIBHUM 04SV 29-30/11 04/12 16/12 EPONYMA 001
      593 words

  • Page 39 Advertisements
    • 982 39 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO PKG I SIM I JKT I SU» PPG I ILW I CM» IQM HAI I MYI I 0«F I SAV I NEW TA» I HQU I HOI6H DUKI /0540 23/11 tNPT 03/1? 05/12 09/1? 14/12 21/12 24/1? 21/01 24/01 25/01 20/01 07/07
      982 words
    • 1744 39 VESSa/VOYAGE SPORE I SOU I RTM I HAM I l£H I |VESSa/VOYAGE SOU HTM HAM LEH S'PORE KOBE NAGOYA SHMHZU TOKYO POM. SOUTHAMPTON 04WA48 0112 19.12 21.12 2112 24.12 Mll ICII NYKSMRKJS OSWA49 10.12 26.12 21.12 29.12 02.01 NYKANTARES 07EA4S 08.11 10.11 12.11 IS.II 01.12 07.12 01.12 10.12 09.12 NYK
      1,744 words

  • Page 40 Advertisements
    • 972 40 VESSEL VOY SIN MAA SIN I TIGER PEARL 663N 03-04/12 08-14/12 18 1912 I TIGER SEA 665N OS-11/12 12-18/12 22 23/12 I TIGER ISLAND 664N 08 09/12 13-17/12 21-22/12 I TIGER BAY 666N 15-16/12 20-26*12 31 01/01 I TIGER PEARL 667N 18-19/12 23-29/12 02 03/01 I TIGER SEA 668N 24
      972 words
    • 847 40 FREIGHT LINKS EXPRESS :4 Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg REGULAR CONSOLIDATION SERVICE TO THE FOLLOWING DESTINATIONS: SCANDINAVIA (GOTHENBURG, AARHUS, COPENHAGEN, OSLO, HELSINKI) ITALY AND MEDITERRANEAN (LA SPEZIA, VALENCIA, BARCELONA) CANADA (VANCOUVER, TORONTO, MONTREAL) FOR BOOKING, PLEASE CALL TEL: 1800-*****66 Overseas Offices Hongkong *****113 flmsdasiaonline.net Port Kelang *****40
      847 words
    • 1402 40 OOCL (Singapore) Pte Ltd CFS Keppel Distrpk 79 Aim Rood #21-04 (S) 07W04 Mk Sl3 #01-128 «NO lU7S7BOOOOH M 272 7127 OCOtutg W: *****13 F« 221 3942 Fu: 272 782S oMuitv /Ov I k/1 Orient Overseas Container Line Y ti CR) LSJ (Malaysia) Sdn Bhd (Reg No: *****2-U) co ll
      1,402 words

  • Page 41 Miscellaneous
    • 120 41 LEGEND: R Thunderstorm Temperature y Shower Weather Wind direction with speed m knots Rom vj Cloudy Sky Wove h «'9*» «"«d* or# indicated by arrows which Hy with the wind O°™ <**• represents calm or kght ond vanoWe winds W One hoM Heche represents 5 knots One full Heche represents
      120 words

  • Page 42 Advertisements
    • 288 42 Determine the Outlook for the Cruise Industry in Asia Explore new and traditional Source Markets for Cruising in Asia Understand the unique design, ■kHn||H operations and supply requirements HESfiSfiSH of Cruise Ship Operations in Asia December 1998 Raffles City if Discover new cruise options in Convention Centre Ports, Destinations Itineraries
      288 words
    • 14 42 j'^M l K» From i dix t.mih k.\vi: ri making TRACKS FOR SAN FRANCISCO.
      14 words