The Business Times, 9 December 1998

Microfilm: NL21360
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 MITA(P) U<Vl2/"97 85c THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg/ WEDNESDAY, DECEMBER 9, 1998
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  • Article
    MARKET SUMMARY
    59 1 □sn 13UJI (+16.79) 11™ U CMJ3 (+1.76) PISOBOIFUnJIES U aom (+4.01) giuuErmoe HWEHSHBTIMMCBS Tuesday Change KUJECOMP KM! -3.93 NIKKH 14jML20__+84.71 HAMJ SENO 10,361.66 -77.74 SET INDEX MlS7 *1114 JAKARTA GOMP MUM -AM MAMUCOMP -1&51 TAIPH WPl 7,***** 90.66 SEOUL OOMP mm -ir? CISA CHINA B —584.70 *117 AUSTAU.ORO
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  • Article
    FINANCE
    75 1 FOUX BATES uss ss USI 1.660 £(U8*S$perS) 1641 1737 DM 1.676 0.990 YEN 1118 1 RM tm ft«7 HKI 7.748 U14 RAHT K* MM RIP1AH 7,406 6.622 'St* Mm* FUME BATES SINGAPORE* flJ6 KlIALA LUMPUR 11.56 JAKARTA t KM BANGKOK 14.75 MANILA 22.90 HONGKONG 10.25 TAIPEI 8.80 SYDNEY 8.45
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  • Article, Illustration
    Lock icon Hng Kiang sells benefits of greater corporate disclosure
    529 1  -  Transparency eases perception of default risk, won't blunt competitive edge Byi Carol Eng [SINGAPORE] Companies must not fear that greater disclosure will result in a loss of competitive advantage as the reverse may be true, Second Finance Minister Lim Hng Kiang said
    SIEW YAWHOONG  -  529 words
  • Article
    Bank shares jump 3% on talk of rate cut, covered warrants
    498 1  -  Half-point cut seen as 3-mth interbank rate hits 1.62% By < By Clarissa Tan and R Sivanithy [SINGAPORE] Expectations of further rate cuts and the launch of covered warrants on bank shares powered demand for finance stocks, which swelled
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  • Article
    Impeaching the president: It's for real!
    789 1  -  House could move to impeach Clinton before Christmas From. Leon Hadar m Washington WITH the House Judiciary Committee close to voting this week to impeach President Bill Clinton, there is a growing concern among White House aides and the president's supporters on Capitol Hill
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  • Article
    China's Nov industrial output growth hits 11%
    402 1  -  Bnt GDP likely to be just under 8% target despite strong pick-npc economists By] Lu Ning [SINGAPORE] China's industrial output growth a benchmark production indicator hit 11 per cent in November, the State Statistics Bureau announced yesterday. The strong pick-up notwithstanding, the official
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      125 1 UHUIIM SUMtaglna* Top Indonesian officials have skimmed a significant proportion of the bilious of dollars the World Bank has tent to the country, the bank said, F*s index But the worst may be over PgB SECwanfag The US Securities and Exchange Commission (SEC) is stepping up investigation of possible hedge
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      23 1 DBS Land wins awardfor third straight year, Pg 17 Analysts oast wary eye on soaring HK stocks, Pg 7 Market reports, Pg 21-26
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      105 1 Losing it... think I've lost /f. I'm like an overaged ballet dancer. I just haven't got what it takes. 9 A self-effacing George Soros, 68-year-old billionaire international financier. FuN report Pfl 12 A r 1 isSi .ijyn> ■->' £&&< *~*< 0- Mt&witfk Worldwide access with OUB Global Auto Cash Card
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon SP close to Pertamina natural gas deal
      225 2 Reuters SINGAPORE Power (SP) is close to finalising the purchase of up to 350 million cubic feet per day of natural gas from Indonesia's Pertamina, a Singapore Power executive said yesterday. Singapore Power and state oil company Pertamina were discussing supplying natural gas
      Reuters  -  225 words
    • Article
      20% off SCI subscription fees
      99 2 THE Singapore Confederation of Industries (SCI) will give a 20 per cent rebate on subscription fees with effect from Jan 1, resulting in $400,000 worth of annual savings for members. "This rebate is in line with the government's call to lower operating costs in Singapore,"
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    • Article
      Loyalty points for NTUC Link cardholders
      219 2 HOLDERS of the NTUC Link smart card can look forward to earning loyalty points when they make purchases at the retail outlets of Bonvests Holding's Starbucks Coffee and Sing Tel. They are among the 13 companies which signed a memorandum of understanding with NTUC
      219 words
    • Article
      Pidemco, ING launch joint property fund
      268 2  -  USsl93m of the USsslom target size committed to date; fond will invest in S-E Asian properties By Ang Wan May PIDEMCO Land and ING Real Estate have launched their joint venture property fund with initial commitments of US$l93 million (Ss32o million). Set up to
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    • Article, Illustration
      Dow Chemical mulling some manufacturing opportunities here
      453 2  -  By Ronnie Lim DOW Chemical is looking at a number of potential manufacturing opportunities in Singapore, company officials said here yesterday, adding however that it is too early at this stage to give details. This is the first time that the US-based company
      453 words
    • Article
      EDB awaits word from Exxon Mobil
      540 2 THE Singapore government is awaiting clarification from the newly-formed Exxon Mobil Corporation on how the global merger of Exxon and Mobil will affect their earlier plans to build two separate multi-billion dollar petrochemical crackers here, a senior official said yesterday. But the Economic Development
      540 words
    • Article
      E&Y sends staff overseas and cuts costs
      462 2  -  Offices abroad pay S'pore auditors posted there ffy I Carol Eng INTERNATIONAL audit firm Ernst Young (E&Y) has come up with a novel way to cut stafFcosts pack its auditors abroad and let the overseas offices pick up the tab. And by sending
      462 words
    • Article, Illustration
      Lock icon US electronics orders up 15.8%
      345 2  -  EYE ON THE ECONOMY Electronics By< Jennifer Lien NEW orders of electronic components in the US rose 15.8 per cent in October, a second consecutive rise. This compares with September's revised 6.9 per cent year-on-year rise, and August's 18.4 per cent slide. The preliminary September
      Source:  -  345 words
    • Article
      Citibank ties up with Far East
      358 2 It offers up to 105% financing to buyers of property from the developer CITIBANK has teamed up with Far East Organization to offer up to 105 per cent financing for properties bought from the developer. Of the 105 per cent, 80 per cent is
      358 words
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      116 2 s Cashmere in leather. Or how to advertise your Christmas bonus. mSmKKKrnm m To celebrate the opening of our new boutique, we are giving away 2 Eastern Oriental Express rail tickets to one lucky customer. Make a purchase of $1000 or more at the Seeger boutiques in Singapore from now
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      124 3 ARPMORg PA SINGAPORE'S MOST DESIRED RESIDENCE flr The utmost care has been taken to develop the window and glazing system for Ardmore Park. I Over and above the fundamental need for a safe, weatherproof and durable system, the system also provides large glazed areas to maximise views and easy accessibility
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  • FOCUS: MONET MATTERS
    • Article, Illustration
      Lock icon Be prepared for the next storm in Asia
      1137 4 The panic may have eased but risks loom darkly in the background Asian asset markets have recently consolidated gains recorded over the past two months. Better conditions in global markets and Asian pro-growth policies continue to support the region's equity and credit
      Source:  -  1,137 words
    • Article
      What makes bond prices move
      1060 4  -  Tan£ bona It's not just interest rates; various kinds of risk also matter Ry\ Larry Wee [SINGAPORE] Any investor who bought into Singapore's first 10-year government bond (SGS) issue in July this year is currently sitting on a profit of about $8 for every $100
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    • Article
      Rating definitions
      70 4 FOREIGN CURRENCY ONLY SAP (IT/ST) MOODY'S (IT/ST) China B88+/A2 (Negative) A3/P2* Hongkong A/A1 (Negative) A3/P2* India BB/B (Stable) Ba2/NP (Stable) Indonesia CCC+ (Negative) B3 Japan AAA/A1* (Stable) (Negative) Korea BB-k/B (Stable) Ba1/NP (Stable) Malaysia BBB-/A3 (Negative) Baa3fctot prime* Pakistan CCC-/C (Negative) Caa1/NP (Negative) Philippines BB+/B (Negative) Ba1/NP Singapore
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    • Article
      Long-term ratings
      113 4 AAA: The highest rating by Standard Poor's. The obligor's capacity to meet its financial commitment is extremely strong. AA: Capacity to meet commitment is very strong. A: More susceptible to the adverse effects of changes in circumstances and economic conditions. But capacity to meet commitment is still strong.
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      174 4 Asia's Largest Cable Satellite Asia'9B Conference and Exhibition 9-10 December 1998 1000 1800 hrs 11 December 1998 1000 1600 hrs Singapore International Convention Exhibition Centre. Suntec City For Trade Visitors Only Minors below 18 will not be admitted Attire Business THE EXHIBITION See tomorrows cable and satellite advancements, ranging from
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Top Indon officials skimming loans, says World Bank
      362 5 Widespread misuse of money, nearly all key govt bodies involved: Oct memo Bloomberg [WASHINGTON] Top Indonesian officials have skimmed a "significant" portion of the billions of dollars the World Rank has lent to the country, the bank said. A memorandum prepared in
      Bloomberg  -  362 words
    • Article
      Lock icon Habibie reassures big business
      290 5 AFP Bloomberg [JAKARTA] Indonesian President B «T Habibie yesterday sought to reassure big domestic and foreign firms that his government's drive for a "people's economy" did not mean they were sidelined. He said a decree by the legislature "should not be viewed or assumed to be
      AFP; Bloomberg  -  290 words
    • Article, Illustration
      Lock icon Taken from the once-rich
      58 5 [JAKARTA] Soldiers guarding cars for auction in Jakarta yesterday. Eighty-three luxury cars and 44 motorcycles, which were repossessed, went on auction. The country is in the grip of its worst economic crisis in 30 years with the rupiah having lost 70 per cent of its value
      REUTERS  -  58 words
    • Article
      Lock icon Thai banks told to increase new loans by 4-8% next year
      373 5 Central bank tells them to target small, medium enterprises Bloomberg [BANGKOK] Thailand's commercial banks have been told by the central bank to increase new loans by 4 to 8 per cent next year, a Siam City Bank executive said.
      Bloomberg  -  373 words
    • Article
      Lock icon Chaebol system is dead, Kim says alter reform pact
      255 5 Reuters AFP [SEOUL] South Korean President Kim Dae Jung yesterday declared the country's chaebol system dead, following broad reform plans laid out this week by the biggest fami-ly-owned conglomerates. "The chaebol system, which puts emphasis on outward expansion thus burdening the
      Reuters; AFP  -  255 words
    • Article, Illustration
      Lock icon Analysts cast wary eye on soaring HK stocks
      603 7  -  Liquidity-driven rallies usually end badly, warns fund manager From Quak Hiang Whai in Hongkong PLAGUED by the Asian financial turmoil, the Hongkong economy is supposed to be sliding into its worst recession in some 40 years. But the stock market appears to
      Source: Bloomberg  -  603 words
    • Article
      Lock icon HK rate cut seen unlikely in near term
      205 7 Reuters [HONGKONG] Banks here, which have cut their interest rates twice in recent weeks, were unlikely to cut rates again in the very near term, the chairman of the territory's banking group said yesterday. "We've had two cuts in a very short
      Reuters  -  205 words
    • Article
      Lock icon Open market will help HK weather crisis: WTO
      316 7 Reuters [GENEVA] The World Trade Organisation said yesterday Hongkong's persistence with free market policies should help it emerge successfully from the current economic crisis in Asia. And in a report on the territory's trade policies, WTO analysts said there was no sign
      Reuters  -  316 words
    • Article, Illustration
      Lock icon KL market likely to be buoyant in short term
      664 7  -  Longer-term outlook hazy as foreign funds may flee once capital controls go in Sept FYom Ruth Wong in Kuala Lumpur LIQUIDITY from domestic sources has pushed the Kuala Lumpur Composite Index (KLCI) to nearly double the level it was about three
      Source: Bloomberg  -  664 words
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      319 5 to the max. The oscillating Face-to-fece, the new to tenths of a second. (Hours M weight is a dual direction, Concord Impresario and minutes, as well.) y self-winding rotor system. Chronographe makes a H m What that means: one day of powerful statement as ooe In addition, there's a small
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      11 5 Daewoo to downsize and chop 31 of 41 firms, pg 18
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      112 6 Liberate your telecommunications and your mind ill follow. Imagine a company that can take you beyond conventional approaches to telecommunications. A company not bound by traditional ways of thinking. Telstra gives you freedom to discover unexplored opportunities. We dig deep, ask questions and seek ingenious solutions to improve your business.
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      180 7 Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Mrs Diana Bean, General Manager or Ms Florence Nathan, Manager I OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE. 24 RAFFLES PLACE. SINGAPORE *****1 E-mail:
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      136 7 s I i i, A Rfi S'O r t Thal s Also fl Home Imagine being able to, quite literally, stroll down to the beach at the end of your working day. You can at Mandarin Gardens, Singapore's only full service apartments by the sea. Apartments range from one bedroom
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      68 7 Can OGBC rise to top in consumer banking?, Pg 17 A; ni i I □L L sMf i j? f* 1111 i p Chicago's hottest ja// drummei thsphns his unlimited talents 'ind his unlimited hand from Septemhei 21. 1998 to Januarv 23. 1999 ri' Somerset s Bat teverv inch! Siiii(l<n
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  • FOCUS
    • Article, Illustration
      Lock icon Redirecting the Japanese ship of state
      1390 8  -  The economy is now headed in the right direction, after being perversely headed off course two years ago, and may at last be bottoming out By. Anthony Rowley [TOKYO] JAPAN'S economy may at last be bottoming out of recession, a senior government minister suggested
      Source: EPA  -  1,390 words
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      59 8 H Bft 'M" v- v 1 > JSmt y- 4 To eerve you better, we Have installed a new Vtniing Maehint at Cineleieure Orchard. Now you can conveniently get The Strait# Tlmee and Lianhe Zaobao in the morning. The New ftiper from noon ae well ae Shin Min Pally Newe
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      202 8 Editorial: Japan's last chance, Pg 13 p W 41.. f Drink Your Way To Heolttiq Savings! (SSBP natural mineral water andMKE pure distilled water now come with a wider range Eof dispensers designed to fit any living or working space! On top of the premium quality standard that you can
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Students rally to put Suharto in the dock
      251 9 JAKARTA Former president to be questioned today by attorney-general Reuters HUNDREDS of Indonesian students protested in the streets of Jakarta yesterday demanding former president Suharto face corruption charges, on the eve of an interrogation of the former leader. Students held several demonstrations
      Reuters  -  251 words
    • NOTE Book
      • Article
        Lock icon Unhappy Indonesia may leave Opec
        76 9 Bloomberg [JAKARTA] Indonesia is considering quitting the Organisation of Petroleum Exporting Countries, angry that the group isn't sticking to its promises to slash oil output and prop up prices, Antara news agency reported. "Indonesia has decided that it may quit Opec," an official at the
        Bloomberg  -  76 words
      • Article
        Lock icon Jakarta cancels graft-tainted projects
        60 9 Reuters [JAKARTA] Indonesian Transport Minister Giri Suseno yesterday said 39 government projects had been cancelled because of corruption. "A total of 39 government infrastructure projects have been cancelled on the groundscorruption was involved," he told Parliament Mr Suseno did not provide details. In September, he proposed
        Reuters  -  60 words
      • Article
        Lock icon KL senators want Camdessus to go
        68 9 Reuters [KUALA LUMPUR] Malaysia's Upper House of Parliament, the Senate, yesterday debated a motion urging International Monetary Fund managing director Michel Camdessus to resign. Senator Abdul Aziz Abdul Rahman said Mr Camdessus should resign because of the IMFs failure to regulate currency trading. "It
        Reuters  -  68 words
    • Article, Illustration
      Lock icon Defence lawyers seek to disqualify driver as a witness
      715 9 ANWAR'S TRIAL Awttn denies implicating Anwar in death of his wife in Jan car accident Reuters AFP [KUALA LUMPUR] The defence in the trial of Malaysia's sacked finance minister Anwar Ibrahim prepared to seek the disqualification of a prosecution witness who
      Reuters; AFP; REUTERS  -  715 words
    • Article
      Lock icon Bar Council concerned over contempt case
      315 9 KUALA LUMPUR It says it raises doubts abont lawyers' rights Reuters MALAYSIA'S Bar Council expressed concern yesterday over a decision by the judge in sacked finance minister Anwar Ibrahim's trial to order a defence lawyer jailed for three months for contempt of court. But
      Reuters  -  315 words
    • Article
      Lock icon Obuchi to pledge support for region at Asean meet
      279 9 TOKYO AFP JAPAN'S Premier Keizo Obuchi will pledge his support for Asia and promise to revive his nation's economy at a Asean summit next week, a report said yesterday. When he meets with Asean leaders in Hanoi, Mr Obuchi will vow
      AFP  -  279 words
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      117 9 BBD3ED Present real-time graphics over the Internet with Distance -Presentation from Sing Tel World Conference. Distance Presentation enables you to expand your teleconference one seamless presentation. ®m nto 8 ve interactive, multimedia presentation. This helps you bridge the gap between you and all your international This new service also lets
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon trade surplus rises to US$l.58b
      438 10 SB TAIPEI SNov figure's biggest In 18 months as imports fall jnore than exports Bloomberg JTAIWAN recorded its biggest ♦monthly trade surplus in 18 Sinonths in November as imJJiorts fell more than exports. •J. The trade surplus rose to SJSSI.SB billion (552.62 bilion), up 23
      Bloomberg  -  438 words
    • Article
      Chinese group buying into Siemens' UK plant: report
      393 10  -  •My Lu Ning A Chinese Jrelecommunications group fas reportedly struck a deal > take a 51 per cent stake in a iemens microchip plant in Ijtorth Tyneside in Britain. 5 A report in The Sunday **Times of London said the unnamed Chinese
      393 words
    • SINO Briefs
      • Article
        Lock icon Moody's confirms ratings for 3 HK firms
        71 10 AFP [HONGKONG] Moody's Investors Service yesterday confirmed its foreign and domestic currency debt ratings for three of Hongkong's leading Arms, citing a stable outlook for them. The credit assessor confirmed the A3/A2 long-term foreign and domestic currency debt ratings of Sun Hung Kai
        AFP  -  71 words
      • Article, Illustration
        Lock icon A crowd-puller
        38 10 Reuters [HONGKONGIA man looking at a menu outside a Hongkong restaurant featuring a forest theme yesterday. Retailers in the city rely on promotion gimmicks as companies try to boost depressed sales amid a severe economic recession.—Reuters
        Reuters  -  38 words
      • Article
        Lock icon China to curb local dumping
        62 10 Reuters [SHANGHAI] China plans to curb the dumping of industrial products on the domestic market to halt cut-throat competition, official media said yesterday. The State Economic and Trade Commission has unveiled rules to stop the sale of industrial goods at prices lower than production cost,
        Reuters  -  62 words
    • Article
      Press overlooks import of Jiang's Japan visit
      579 10  -  LETTER TO THE EDITOR Ambassador Hiroshi Hashimoto Embassy of Japan Singapore DID Japan use the word "apology"? I have the impression this was virtually the sole topic in which the writers of the news articles and editorials in the Singapore press cared about
      579 words
    • Article
      Lock icon Taiwan DRAM imports hurting US: govt agency
      174 10 WASHINGTON Bloomberg THE US International Trade Commission has found evidence that cheap computer chips imported from Taiwan are harming the US industry enough to warrant consideration of punitive duties, casting a shadow on the island state's US$6B5 million (Ssl.l billion) a year industry.
      Bloomberg  -  174 words
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      36 10 C/77a4A/< mpr .x mm. m npuwpwyi i jj 1" H E CITI UE V E P SLEEPS DOUBLE YOUR POINTS AND I GET YOUR FREE FLIGHTS TWICE AS FAST 1 WITH CITIBANK CATHAY PACIFIC VISA. IIM
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  • ASIA
    • Article
      Lock icon Indian minister threatens to quit over new state bill
      375 11 NEW DELHI And in another blow to govt, a key ally plans to join Friday's opposition strike AFP INDIA'S ruling coalition suffered a double blow yesterday when Finance Minister Yashwant Sinha threatened to resign from Parliament and a key ally said
      AFP  -  375 words
    • Article, Illustration
      Lock icon Melbourne planfor tallest tower ridiculed
      273 11 MELBOURNE AFP GOVERNMENT-backed plans by an Australian developer to construct the world's tallest building in Melbourne were ridiculed here yesterday as proposals for a giant phallic symbol. Melbourne University professor of architecture and urban design Kim Dovey likened the 120-storey skyscraper planned by builder Bruno
      AFP  -  273 words
    • Article
      Lock icon PC shipments in Japan set to dip 2.5%
      264 11 ■TOKYO But recovery of 12% in 1999 likely if govt stimulus plan works Bloomberg [TOKYO] Japan's domestic shipments of personal computers will probably fall 2.5 per cent in calendar 1996, and hopes for growth in 1999 rest on how successfully the government's
      Bloomberg  -  264 words
    • Article
      Lock icon Japan steel group slams US anti-dumping ruling
      212 11 TOKYO AFP JAPAN'S top steel industry group yesterday denounced a preliminary dumping ruling by the US Commerce Department as unjustified and unprecedented. "We are increasingly concerned that the unprecedented procedures taken by the Commerce Department in the anti-dumping investigation on hot-rolled steel from
      AFP  -  212 words
    • Article
      Lock icon 2 Indian airlines to merge
      114 11 NEW DELHI AFP INDIA'S two loss-making, state-owned airlines have decided to merge in three years, reports said yesterday. The chiefs of Air India, the country's international carrier, and Indian Airlines, one of the biggest domestic airlines in the region, have agreed to set up a
      AFP  -  114 words
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      220 11 Page 11 FESTIVE SET MENUS WITH I THE INNOVATIVE XIN TOUCH j <Y3 NOW TILL 31DEC I Ain means new. Xin means innovation. I Choose from 4 M Add a special touch to your festive celebrations affiiiSliE'flJZi I with Xin's innovative Festive Set Menus a **1 harmonious blend of Chinese,
      220 words
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  • THE WORLD
    • Article
      Lock icon US securities watchdog steps up hedge fund fraud probes
      557 12 WASHINGTON SEC *I*o plans case against broker for not disclosing fees to customers Bloomberg THE US Securities and Exchange Commission (SEC) is stepping up investigation of possible hedge fund fraud, SEC enforcement director Richard Walker said. "One thing you can expect
      Bloomberg  -  557 words
    • Article, Illustration
      Lock icon Badly stung Soros admits he's not so on top of things
      383 12 LONDON AFP "I THINK I've lost it. I'm like an overaged ballet dancer. I just haven't got what it takes." This comes from the man who reputedly made US$l billion from laying siege to sterling in 1992, forcing the
      AFP; REUTERS  -  383 words
    • Article
      Lock icon Billionaire ignorant of economics: BOE deputy chief
      443 12 LONDON His attack follows other criticism of Soros'new book Reuters A TOP British central banker on Monday launched a stinging verbal attack on a new book by international financier George Soros, saying the Hungarian-born billionaire was ignorant of economics. Adopting an unusually outspoken
      Reuters  -  443 words
    • Article, Illustration
      Lock icon G-7 may discuss hedge funds control: Miyazawa
      153 12 TOKYO AFP JAPANESE Finance Minister Kiichi Miyazawa hinted yesterday that the Group of Seven industrialised nations would discuss measures to control hedge funds at their meeting in February. Speaking at a news conference, Mr Miyazawa said it was still "not clear" whether Tokyo
      AFP  -  153 words
    • Article
      Lock icon Greenspan sees parallels between markets in '98 and late '20s: book
      354 12 NEW YORK Reuters FEDERAL Reserve chairman Alan Greenspan saw parallels between US financial market conditions in 1998 and in the late 1920s but said even a US stockmarket crash would not necessarily lead to a depression, former Fed governor
      Reuters  -  354 words
    • Article
      Lock icon Gales: US govt out to destroy Microsoft and help competitors
      433 12 WASHINGTON Changes in industry undermine antitrust case, he says Bloomberg MICROSOFT chairman Bill Gates, appearing via satellite at a news conference, accused the government of trying to destroy his company and promote the interests of the software giant's competitors. Mr
      Bloomberg  -  433 words
    • Article
      Lock icon Money-laundering: US bank regulators set new rules
      377 12 WASHINGTON Reuters UNITED States bank regulators on Monday issued fresh proposals designed to combat money-laundering abuses in banks, particularly in so-called private banking accounts, where some notorious offences have taken place recently. The rules, proposed in October but released on Monday, call on
      Reuters  -  377 words
    • Article
      Lock icon Clinton lawyers launch defence
      250 12 WASHINGTON AFP PRESIDENT Bill Clinton's lawyers launched a two-day defence yesterday against ousting him over the Monica Lewinsky affair. Mr Clinton's attorneys opened their defence before the House Judiciary Committee after chairman Henry Hyde indicated the panel would begin debating an impeachment motion tomorrow and may
      AFP  -  250 words
    • Article
      Lock icon US growth fuelled by free trade, open markets: Rubin
      170 12 NEW YORK Bloomberg FREE trade and open markets have helped fuel the current US economic expansion, and it would be a mistake to restrict the flow of goods and services because of a rising trade deficit, Treasury Secretary Robert Rubin said.
      Bloomberg  -  170 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Dirty business starves honest Thais of credit
      670 13  -  THE BOTTOMLDfE OPINION By Harish Mehta The writer is BT's Bangkok correspondent THAILAND'S reckless borrowers who drove the country into the financial crisis are finding a new way to save their debt-saddled and disintegrating business empires. They are attempting to block a reform-oriented
      670 words
    • Article
      IN OTHER WORDS
      171 13 'I think everybody is a closet Imelda Marcos.' -RiseGerber fashion director for accessories at Bergdorf Goodman, who thinks shoes have become an obsession with women who care about fashion and can afford to indulge themselves. 'Either the IMF cannot count, or it consciously closed its eyes to
      171 words
    • Article
      Japan's last chance
      693 13 EDITORIAL IT seems that despite just about anything Tokyo's bureaucrats and politicians try to do, Japan's economy continues to flounder. Yet, as options run out, the picture is not without glimmers of hope. True, the bad news seems endless. In the latest instalment, we have learned that
      693 words
    • Article, Illustration
      Lock icon First-rate start to euro
      1428 13  -  ECB's Duisenberg says the unity behind last week's interest rate cots bodes well for euro zone By\ By Peter Norman, Lionel Barber and Wolfgang Munchau FT WIM Duisenberg has seen the future and he likes the look of it. One of the main worries surrounding Europe's
      FT; FILE PHOTO  -  1,428 words
    • Article
      WHAT THE OTHERS SAY
      328 13 Ratio mired in conflict FOR the third time in a month, US Attorney-General Janet Reno has refused to hand her department's anaemic investigation into President Clinton's 1996 campaign abuses over to an independent counsel. Both the FBI director and Justice's top prosecutor for campaign finance urged
      328 words
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      63 13 m i I t I' H „■•v, t*tjj<l^B l Real-time 24-hour stocks and currency updates. I Available by watching the index box and I ticker strip along the bottom of your TV screen. I msswm B Malaysia... Advances 655 Declines PBBBiiMllxMSiiiditiiiiHElllliiH^Mß^^^^3||^^^^^pA^M^^B.i 7 CNBC Asia is available on Singapore Cable Vision.
      63 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Rich pickings
      829 14  -  It's not easy being rich, mxcbael lewis surmises after scanning the Ultimate Gift Guide MICHAEL LEWIS NYT NOT long ago, while flying on a friend's private jet, I stumbled upon the Christmas issue of a magazine for rich people called the Robb Report. I had never heard of
      NYT; FILE PHOTO  -  829 words
    • Article
      Lock icon For sale: a gown fit for a first lady
      243 14 FASHION NYT [NEW YORK] Hillary Rodham Clinton may be the first first lady to pose for the cover of Vogue, appearing in the December issue, but that doesn't mean her gown is treated differently from those of other cover models. The
      NYT  -  243 words
    • Article, Illustration
      Lock icon Does Davis Cup need saving?
      557 14 TENNIS Opinions differ lrat it has tradition and continues to generate passion IHT [MILAN] The Davis Cup is unquestionably worth saving, but what is less certain as it prepares to fete its centennial in 1999 is whether it really needs to be saved. Such thoughtful
      IHT; FILE PHOTO  -  557 words
    • Article, Illustration
      Lock icon Belles of the ball
      712 15  -  SOCIETY Bine-blooded teens tossed ont tees and jeans for Dior and Ungaro gowns in Paris last week ny\ Suzy Menkes IHT [PARIS] Wearing casual pants and a sweater, but with Russian royal blood coursing through her veins, Nicoletta Consolo-Romanoff drooled over the dress she would wear
      IHT; FILE PHOTO  -  712 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      488 14 ®it 4- I* TAT LEE FINANCE LIMITED (twcwpocl»d In *w n«put)Hc of Singapore) To The shareholders of Tat Lee Finance Limited Payment of an Interim Dividend The Board of Directors is pleased to announce that an interim dividend of $0,005 per share (less tax) will be paid in respect of
      488 words
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      Page 14 Advertisements Column 2
      85 14 Where to wine, dine and entertain...... n ISAtCHRISTMAS.... without these Yuletidc delicacies from The Cake Shopl Find all your favourite festive goodies such as Roast Turkey, Honey Glazed Ham, Log Cake, Gingerbread, Stollen, q Christmas Cookies and Chocolates here at The 0 Cake Shop." Well-known for the authentic sn quality
      85 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
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      Page 15 Advertisements Column 2
      166 15 -H-artd Th* Anyt'L* ftinlaiid^U 1998 Fun and games with funny man Moe Alkaff and loads of yuletide favourites! 25 December 11am-2.30pm Mandarin Ballroom 'f jf Adult: $53 nett W-'A *1$ Child 10 years JFjJI and under $32 nett Reservations: 831-6288 t3T Mandarin UJ Suhfapare 333 Orchard Road. Singapore *****7 Tel:
      166 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      782 15 TVvRADIO 230 PM TV Innovations. T"^B 4.00 Kidz Blitz: Sesame Street. I 5.00 Kidz Blitz X'mas: The Sb3o Kidz Blitz X'mas: Jingle Bell Rock. > •LOO Teletubbies. &30 Little Bear. 7.00 World of Wonder: Mud t-W Warriors. 7JO Beyond 2000. ~T 8.00 Earthvisions: Wildlife On One 1997: Pygmy Chimpanzee The
      782 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      271 15 CKVPI'IC CROSSWORD it's nice to eat (9) 8 Poke about university, being ■H arrogant (5) jflL-—pH——JB straps (8) |E_l^ll—^B-— Bi 18 Master finds meal expensive bhJ I tHIHHHf Hi in Paris (7) WM BB BMIBB MB 20 Son cuts up mufflers (7) P 4 I I I lßr®~~^rM^Tß^H 22 Conservative
      271 words
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  • WIRED FOR BUSINESS
    • Article, Illustration
      Online life-line
      961 16  -  The Net and telecoms technology are a boon for healthcare, when every second counts, toh ham shxh reports TOH HAN SHIH TELE-Medical Services, a local telemedicine firm, uses the Internet and telecommunications to create innovative health services that save lives and health costs, and furthers, in the process,
      961 words
    • Article, Illustration
      Lock icon Oracle set to launch Raw Iron
      420 16  -  New OS promises to give NT, Unix a ran for their money By: Raju Chellam [SINGAPORE] US giant Oracle Corp is ready for a frontal attack on Unix and Windows NT with a new operating system (OS) optimised for managing Internet business applications. Code-named
      SIEW YAW HOONG  -  420 words
    • BOOK marks
      • Article
        Put your Web site to the test
        70 16 NET.GENESIS has come up with what it thinks are the top 10 questions every company selling products or services on the Internet needs to answer. While primarily targeted at US companies, the questions apply to companies worldwide. If you are running an e-commerce
        70 words
      • Article, Illustration
        More to Chew on
        72 16 LOCAL cartoonist Lee Chee Chew has a Web site to bring his particular brand of humour to the world. Presented in a tongue-in-cheek magazine format the current issue (15.0) features interesting sections such as: Foot Types, HDB queueing, emigration, a question-and-answer segment with the artist, regular
        72 words
      • Article
        IBM's answer to info overload?
        98 16 IBM is due to launch a new project next year that aims to make Internet servers and gadgets connected to the Internet more intelligent in the way that they distribute and receive data, the Electronic Telegraph reports. Many new devices that are designed to receive
        98 words
      • Article
        Star-struck kids
        64 16 BY 2001, school children in the UK will be able to k>ok at the stars through the Internet, says BBC online. The children will remotely-control a two-metre telescope based in Hawaii UK scientist Dill Faulks has donated £2 million (555.5 million) to help develop the telescope. Seen as
        64 words
      • Article
        Prime properties on the Net
        98 16 MEDIA Metrix (MM), which provides "measurement services for the Internet and digital technologies", has recently released the top five Web Properties, according to www.emarketra-.com. Based on percentage of reach and unique visitors, these are: AOL (47.9 per cent), Yahoo! (47.6), Microsoft (46.3), Lycos (44.5), and
        98 words
      • Article
        Moving Christmas greetings
        67 16 A NEW type of virtual card is hitting the Net for Christinas. 1-Net Singapore and the multimedia division of the Television Corporation of Singapore have teamed up to produce video greeting cards. To watch a video clip, you will need an MPEG player, and while Singapore ONE
        67 words
      • Article
        Merlin the mailman
        92 16  -  Compile* by Justyn Olby WANT something cute to play with? Then head on over to download.com and do a search for "talking e-mail". Download the shareware version of Talking E-mail 1.2 and you are ready for some ftin. The free character is an animated wizard called Merlin,
        92 words
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      Page 16 Advertisements Column 1
      351 16 e-business tools V |Hl YOU'RE A SMALL Wp 'm- YOU'RE A BIG PC 300GL microtower Intel* Celeron" processor PC 300GL Intel* Pentium* II processor 350 MHz, 32M8. lnt»lli*t»tion: EPro SlimLine, Intel* Pentium* II 333 MHz, 32M8 SDRAM, 3.2G8 HDD, 2MB VRAM 3.2G8, 512kb cache, 15" monitor Win 98. processor 350
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      8 16 brought to you by ==r= r zz 9
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  • Companies & markets
    • Article
      Morgan Stanley overweight on S'pore
      500 17  -  It says market offers excellent value, sees STI at 1,700 points by end of Q***** Conrad Raj [SINGAPORE] Singapore provides one of the best investment opportunities in Asia for equities, with the widely followed Straits Times Index poised to end the first quarter of next
      500 words
    • Article
      Omni in $19.8m share placement
      303 17  -  Proceeds will be used for group's expansion plans By i Annette Pau [SINGAPORE] Sesdaq-listed Omni Industries yesterday said it will raise some $19.8 million to fund the group's expansion plans through a private placement of 35.3 million new shares at 56.5 cents each. About $7.2
      303 words
    • Article
      Pacific Andes' interim down 63% to HK$l6m
      266 17 [SINGAPORE] Fishing and frozen seafood trader Pacific Andes suffered a sharp drop in net interim earnings, and blames the Asian flu for its malaise. For the half-year ended Sept 30, the locally-listed Hongkong-based group posted a 63 per cent fall in aftertax profit
      266 words
    • Article
      Are syndicates back in the Malaysian stock market?
      894 17  -  HOCK LOCK SIEW Ven Sreenivasan A STRANGE phenomenon has been taking place on the Kuala Lumpur Stock Exchange. In spite of capital controls, daily trading volume on the KLSE has jumped by almost ten times from what it was less than three
      894 words
    • Article
      DBS Land pulling out of Indonesian healthcare venture
      308 17  -  By Ven Sreenivasan [SINGAPORE] Economic and political problems in Indonesia have derailed DBS Land's plan to expand into the healthcare industry in that country. DBS Land yesterday announced that its healthcare arm Premier Health Corporation International Pte Ltd (PHCI) is winding up
      308 words
    • Article
      DBS Land wins award for third straight year
      395 17  -  ANNUAL REPORT AWARDS Its winning formula is based on feedback from public By I Carol Eng [SINGAPORE] Focus and teamwork gave DBS Land the winning formula to land itself with the Best Annual Report Award for the third year in a row.
      395 words
    • COMPANIES
      • Article, Illustration
        Rekapacific may lose grip on Promet, Kelanamas
        533 18  -  Loss-making nnits expected to take on new businesses, shareholders /•Yorn Eddie Toh in Kuala Lumpur KFKAPACIFIC Bhd the listed vehicle of Ling Hee I-eong who is the eldest son of Malaysian Transport Minister Ling Liong Sik might lose control of Promet Bhd and
        533 words
      • Article
        Lock icon Proton maker EON likely to post first loss this year
        473 18 As sales plunge, cost catting strained by bid to keep staff Bloomberg [KUALA LUMPUR] Faced with plunging sales, Edaran Otomobil Nasional Bhd, the distributor of Malaysia's best selling car Proton, will likely swing this year to its first loss since
        Bloomberg  -  473 words
      • Article
        Lock icon Sun Hung Kai aims to sell 4,500 apartments in HK in 6 months
        249 18 Bloomberg IHONGKONG] Sun Hung Kai Properties Ltd, Hongkong's largest real estate developer, plans to sell 4,500 apartments in the next six months, said executive director Thomas Kwok. When combined with the 4,000 units the company sold between
        Bloomberg  -  249 words
      • Article
        Lock icon Tenaga cuts borrowing costs by 20% with currency swaps
        309 18 AFX-Asia AFX-Asia, Bloomberg [KUALA LUMPUR] Tenaga Nasional Bhd said it has cut its borrowing costs by some 20 per cent following its recent currency swap exercise to re-balance its foreign loans portfolio, Malaysian Business Times quoted vice-president of finance Syed Fahkri
        AFX-Asia; AFX-Asia, Bloomberg  -  309 words
      • Article
        Lock icon Daewoo to downsize and chop 31 of 41 firms
        482 18 It will quit telecoms, electronics and focus on four areas Bloomberg [SEOUL] Daewoo Group, South Korea's third largest conglomerate, said it will eliminate 31 of its 41 companies through mergers, sales and liquidations, bowing to government pressure to downsize to reduce
        Bloomberg  -  482 words
      • Article
        S'pore firm clinches reverse takeover of Australia's ATC
        410 18  -  Hemlock to raise Assm on Aussie bourse through ATC share issue By, Annette Pau (SINGAPORE) Locally-based direct investment company Hemlock Capital yesterday said it has successfully mounted its reverse takeover of Australian-listed firm Australasian Technology Corp (ATC). It also said in a
        410 words
      • Article
        Put SES report online
        103 18  -  LETTER TO THE EDITOR Tan Kok Tim Singapore THE Stock Exchange of Singapore sends the weekly Financial News to its members and subscribers. There must be a better way to do it to cut costs. I suggest the SES use its Web site more to disseminate
        103 words
      • Article
        Lock icon First Pacific dismisses Imelda's claim
        226 18 Bloomberg [MANILA] First Pacific Co of Hongkong said it is confident that shares it bought in Philippine Long Distance Telephone Co last month aren't owned by former first lady Imelda Marcos. Mrs Marcos, whose late husband Ferdinand Marcos was ousted by a popularly backed military
        Bloomberg  -  226 words
      • Article
        Lock icon Telekom to rationalise mobile networks
        154 18 AFX-Asia IKUALA LUMPUR] Telekom Malaysia Bhd said it plans to converge the operations of its two mobile networks, Mobifon 800 and TM Touch 1800 that will offer substantial savings, Malaysian Business Times reported. Although both the mobile networks are based on different network systems, Telekom
        AFX-Asia  -  154 words
      • COMPANY Briefs
        • Article
          Goh Kemff Swee accepts new position
          74 18 [SINGAPORE] Former deputy prime minister Goh Keng Swee, who is due to retire at the end of this year as chairman of NM Rothschild Sons (Singapore) Ltd, has accepted the position of honorary president erf the investment bank's Singapore operations. Dr Goh will be
          74 words
        • Article
          Lock icon SembCorp unit buys into food company
          46 18 Reuters [SINGAPORE] Singapore Food Industries Pte Ltd (SFI), a subsidiary of SembCorp Industries Ltd, has acquired a stake in Singapore Food Development Pte Ltd (SFD). SFI has bought SISIR International Pte Ltd's entire 33.33 per cent shareholding in SFD. —Reuters
          Reuters  -  46 words
        • Article
          Lock icon F&N unit ups stake in Sri Lankan firm
          106 18 Reuters [SINGAPORE] Diversified soft drinks group Fraser Neave Ltd (FAN) yesterday said its unit, FAN Coca-Cola Pte Ltd, has raised its stake in a Sri Lankan subsidiary to almost 90 per cent F&N Coca-Cola bought 4.8 million shares in Pure Beverages Company
          Reuters  -  106 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Japanese brokers cut profit outlook for major firms
        360 19 They cite a stronger yen and the recent market turmoil Reuters [TOKYO] Japanese brokerages yesterday cut their profit forecasts for major corporations in the current year and next, citing a strong yen and recent market turmoil. Nomura Securities said it had revised
        Reuters  -  360 words
      • Article, Illustration
        Lock icon MCI World Com beats AT&T in market value
        456 19 Its shares have more than doubled this year, while rival's has risen abont 5% Bloomberg [JACKSON, Mississippi] MCI World Com Inc, the No 2 US long-distance phone company, passed rival AT&T Corp in market value, as MCI WorldCom's shares rose on expectations
        Bloomberg; Source: Bloomberg  -  456 words
      • Article
        Lock icon Barnes & Noble joins forces with Microsoft
        246 19 Barnes Noble joins forces with Microsoft NYT [NEW YORK] In a multimil-lion-dollar deal that may prove damaging to the Internet's largest bookseller, Amazon.com, Barnes Noble Inc will be the exclusive bookseller on Microsoft Corp's popular MSN network. Financial details were not disclosed. Barnes Noble, the US' biggest bookseller, has been
        NYT  -  246 words
      • Article
        Lock icon Windows 98 has Y2K problems, says Microsoft
        311 19 It could display wrong dates in rare cases, company says Bloomberg [TOKYO] Microsoft Corp, the world's biggest software maker, said its Windows 98 operating system has "minor" problems in correctly reading the year 2000 and could display wrong dates in "rare" instances. The
        Bloomberg  -  311 words
      • Article
        Lock icon BAe to announce merger with Dasa soon, say reports
        422 19 Bloomberg [LONDON] British Aerospace pic will shortly announce a merger with DaimlerChrysler Aerospace AG, creating the world's No 3 defence company with sales of US$2l billion (Ss3s billion), press reports said. The UK company later confirmed that talks with "major industry
        Bloomberg  -  422 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Holocaust claims may delay Deutsche merger
        509 20 Takeover of Bankers Trust must wait till all Haimg are settled: US official FT [NEW YORK) Deutsche Bank's planned takeover of Bankers Trust faces a serious delay after Alan Hevesi, the financial comptroller of New York City, said it should not be approved until
        FT  -  509 words
      • Article
        Lock icon Morgan Stanley consolidates units
        322 20 NYT [NEW YORK] A year and a half after Morgan Stanley Group, a leading investment bank, merged with Dean Witter, Discover Co, the United States' third largest retail brokerage firm, the two are starting to look more like a couple. The company said on Monday that
        NYT  -  322 words
      • Article
        Lock icon Mitsui Life hires Nomura, Goldman as advisers
        301 20 Bloomberg (TOKYO) Mitsui Mutual Life Insurance Co, Japan's sixthbiggest life insurer with assets of 11 trillion yen (*****.2 billion), said yesterday it has hired Goldman, Sachs Co and Nomura Securities Co to advise it on going public. Mitsui Life is the first of
        Bloomberg  -  301 words
      • SMALL Change
        • Article
          Lock icon LTCB to close Labuan operations
          51 20 AFX Asia (KUALA LUMPUR] The Long-Term Credit Bank of Japan will close its Labuan offshore banking operations as part of the restructuring of its international operations. It will close both the offshore bank in Labuan and its marketing office in Kuala Lumpur from Dec 31.
          AFX Asia  -  51 words
        • Article
          Lock icon Citigroup eyes Japan insurance market
          87 20 Bridge News [NEW YORK] Citigroup is planning to enter the insurance business in Japan as early as 2001, when a ban is lifted on banks selling insurance, Citigroup chairman John Reed told the Nihon Keizai Shimbun. Citigroup is also pondering the purchase of credit card
          Bridge News  -  87 words
        • Article
          Lock icon Dai-Ichi Kangyo, Fuji deny merger plan
          58 20 Bloomberg [TOKYO] Dai-Ichi Kangyo Bank and Fuji Bank said they are not considering a merger. "We are absolutely not contemplating a merger with Fuji Bank," Dai-Ichi Kangyo Bank said. Fuji Bank also said it wasn't thinking of merging with Dai-Ichi Kangyo. The statements came
          Bloomberg  -  58 words
        • Article
          Lock icon NAB won't defy Big Four merger ban
          64 20 Reuters [MELBOURNE] National Australia Bank said it would continue to argue for, but had no plans to pre-empt, a change in the ban on mergers between the country's four largest banks. "There has been a view that we would act in defiance of
          Reuters  -  64 words
        • Article
          Lock icon Manila bank to close China, Thai offices
          55 20 AFX-Asia [MANILA] Philippine Commercial International Bank will close next year its representative offices in Xiamen, China, and Bangkok, Thailand. In a notice to the Philippine Stock Exchange, the bank said the Xiamen unit will close in February, while the Bangkok office will cease
          AFX-Asia  -  55 words
      • Article
        Lock icon Barclays to write off £250m in Russian loan losses
        404 20 But corporate and retail loans to rise, says UK's No 2 bank Bloomberg [LONDON] Barclays Pic, Britain's second-largest bank, said investment banking will make up a smaller proportion of its business in the second half of 1998 following losses in Russian
        Bloomberg  -  404 words
      • Article
        Lock icon Australia's Nat Mutual second half profit falls 31%
        304 20 Bloomberg [MELBOURNE] National Mutual Holdings, Australia's second largest life insurance company, said second-half profit fell 31 per cent as the Asian crisis reduced earnings from investments. Net earnings fell to A 586.4 million (SsBB.l million), in the six months ended Sept 30
        Bloomberg  -  304 words
      • Article
        Futures up on Wall Street gains
        211 21  -  CT tnr Heports MSG! Singapore Index Bob Butcher, Jardine Fleming A STRONG close for US blue chips and a record high close for the high-tech oriented second board got MSCI Singapore Index futures off to a strong start. The December futures contract was high
        211 words
      • Article
        Futures down on lack of fresh leads
        174 21  -  MSCK Taiwan fatnres Perry Gilbert, Refco Singapore THE Simex MSCI Taiwan Stock Index futures failed to hold on to early gains and the Taiwan December 98 contract closed 6.5 points lower at 298.1. Traders commented that with the Kuomintang government re-elected, and interest
        174 words
      • Article
        Lock icon Oil up as Saudis call for more action
        361 21 ENERGY REPORT Reuters [LONDON] World oil prices tiptoed higher yesterday as dealers took some comfort from a Saudi Arabian call for further action to boost the ailing market. London January futures rose 27 cents to U5510.53 a barrel by 1522 GMT after
        Reuters  -  361 words
      • Article
        Lock icon CURRENCY REPORT
        325 21 AFX-Asia Bloomberg London THE dollar eased against the yen and the mark yesterday morning, but the lack of rea sonable trading volumes saved it from falling further and ensured it was confined to tight ranges all day, deal ers said. Dealers said trade has been very thin today,
        AFX-Asia; Bloomberg  -  325 words
      • Article, Illustration
        Untitled
        1273 21 DfTERBAWK CROSS RATES 8 A$ C$ Kmfc ecu Hr Pw HK$ tud H Nplati Yen Wow tM MB Nfcts Nw tmt Mr 1$ »K Hmt BSS Australia 0.954 6.178 0.531 3.489 1.040 4.807 26.426 45.917 0.743 7.547 2.358 1.188 33.*****.082 1030 3.712 0.852 20.073 22.307 0.376 0lA21 a,« 5 "59
        1,273 words
      • Article
        Untitled
        1957 21 S1C0M FUTURES Dec 8 RUBKR (Mures closMq «it 5.30pm) RSS1 cents/kq) Clou VoluiM Open Month Hlqh Low Sott (tMWg Interest Jan 99 108.00 150 Feb 99 109.75 875 Mar 99 m.50 1175 Apf/Jun 99 116.25 2400 Jul/Sep 99 120.25 75 Oct/Dec 99 123.75 75 RSS 3 CONTRACT (US cents/*?) Volume
        1,957 words
    • Article, Illustration
      Lock icon HONGKONG
      1336 22 Reuters CI Han* Sea* -77.74 STOCKS slipped to a lower close yesterday as profit-tak-ing ate into Monday's hefty gains and investors sat on the sidelines awaiting fresh news, brokers said. The Hang Seng Index eased 77.74 points, or 0.75 per cent, to 10,351.08. Turnover shrank to a modest HK$4.9B
      Reuters  -  1,336 words
    • Article, Illustration
      Lock icon CHINA
      508 22 Reuters nShenzhenßlndex -0,52 SHENZHEN B shares closed lower in light trade yesterday, as domestic institutions switched shares into cash ahead of year-end bookkeeping, analysts said. The B Share Index lost 0.52 of a point to 56.79 on turnover of HK$4.6 million. "Funds have been leaving both the A and
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  508 words
    • Article
      Lock icon TAIPEI
      376 22 AFP □wp Intel MM TAIWAN share prices dropped 1.2 per cent yesterday as investors locked in profits following the ruling party's win in weekend elections, dealers said. "The after-election rally yesterday was not as good as expected. Therefore, many investors who had bought before the polls rushed to lock
      AFP  -  376 words
    • Article
      WORLD STOCK MARKETS
      2298 22 tOflfffttt dki WestrieH 31 Group S60.000 1000 A B Port* 290.000 -2.000 Abbey National 1179.620 -4J80 Allied Do mac q 527.200 15.800 A It tad Zurich 839.000 3.600 Amac 176.000 4.000 Asda Croup 153.000 -0.600 BAT Ind 572.000 -9.600 BO PtC 402.000 -3.000 BICC 60.000 unch BOC
      2,298 words
    • Article
      Lock icon TOKYO
      1605 22 Bloomberg HNikka22S *84.71 JAPANESE stocks gained for a second day, led by technology issues, after the computerladen US Nasdaq Composite Index rose to a record high and the yen fell to a week's low against the US dollar, increasing profit margins at Japan's many exporters. Shin-Etsu Chemical Co and
      Bloomberg  -  1,605 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares lower in volatile trade
        409 23 AFP Q Composite Index -3.93 MALAYSIAN share prices closed 0.8 per cent lower yesterday in volatile trade, as investors continued to clear positions following recent gains, dealers said. An institutional dealer with a local brokerage said profit-taking was the order of the day. "Largely as
        AFP  -  409 words
      • Article
        Untitled
        9126 23 INDUSTRIALS Consumer products 1998 Last Vol Day Net Cap High Low Company Sala '000 High Law P/C Smll 320 170 Ajinomoto 316 16 5 316 292 17.4 128.1 140 35 Angkasa 97 -7 131 104 96 5 143.0 310 123 Apollo Food Hlg 253 -19 1 253 253 8.8 101.2
        9,126 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2452 24 BONK, LOANS ft WARRANTS wt 1998 Lot Vol Day Last Ouo<« Avg High Ln St no Company Sate *or- COOO) High Low Buyar Sallaf Prica 20.5 3 3160 "Acar ******1USS VI *1.5 281 15 14 13.5 14.5 95 4.5 3164 Acma ******4 15 »0.5 163 15.5 15 14.5 15 15
        2,452 words
      • Article
        Semb Resources wrt: appealing numbers
        216 24  -  WARRANT WATCH -Hy R Sivanithy THE Keppel group has enjoyed a very hefty play recently, thanks to its restructuring plans and rumours of a covered warrant on some, or all of its stocks. In contrast, the Sembawang group has lagged somewhat, so perhaps a look
        216 words
      • Article
        CLOB INTERNATIONAL
        227 24 H0H8K0M6 STOCKS Of Or 1998 Last Vol Day Last Ouot< Dtv ON VM (tot M Cap Ht» Law Stna C«n»any Sata fOOO) Mtfti L— toiyar Satot Cw Pft %tn» 400 250 5123 CDC (2000) HK 400 8.0 2.4 2.0 20.5 7744.7 5124 Cathay Ptc 20c HK_720 265.0 2.1
        227 words
      • Article
        Lock icon WELLINGTON
        255 24 AFP Q Wellington *1.95 NEW Zealand stocks closed 0.4 per cent firmer yesterday as small gains for market leader Telecom Corp compensated for a fall in commodity stocks, dealers said. On turnover of NZ$B4.9 million, the NZSE-40 Index closed up 7.65 points to 1,912.75. —AFP oki rowi ANZ Banking
        AFP  -  255 words
      • Article, Illustration
        Lock icon BANGKOK
        770 24 AFP n SET Index +12 M THAI shares closed up 3.8 per cent yesterday but off earlier highs as investors targeted oversold issues after last week's losses, analysts said. With buying heaviest in the banking sector, profit-tak-ing set in following news that Siam Commercial Bank pic was seeking a
        AFP  -  770 words
      • Article
        Lock icon SEOUL
        412 24 AFP n Composite Index -4J7 SHARES closed 0.9 per cent lower yesterday, with profittaking reversing sharp gains in early trade, dealers said. Sentiment also turned cautious towards the end with the local currency, the won, and money market rates steady, amid speculation the government may not permit the won
        AFP  -  412 words
      • Article
        Lock icon SYDNEY
        590 24 AFP AH Ordinaries j&> SHARES closed up 0.6 per cent yesterday on gains by overseas markets and the telecommunications sector's continuing strength, dealers said. The All Ordinaries Index closed up 15.6 points at 2,771.7. The All Industrials Index closed up 38.1 points at 4,956.7, while the All Resources closed
        AFP  -  590 words
      • Article, Illustration
        Lock icon JAKARTA
        715 24 AFP P Composite Index -0.56 INDONESIAN share prices closed mixed yesterday, with strong regional markets and gains by Telkom offset by falls in the banking sector amid concerns over a bank recapitalisation plan. "The recapitalisation programme is seen as unclear," a dealer with a local brokerage said. Another dealer
        AFP  -  715 words
      • Article
        Lock icon MANILA
        293 24 AFP Q Manila -1851 PHILIPPINE share prices fell one per cent yesterday in volatile trading, with many investors opting to take profits on any slight upward movements, analysts said. The Philippine Stock Exchange Composite Index inched down 18.51 points at 1,815.85. Turnover reached 666 million shares worth 1.08 billion
        AFP  -  293 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6829 25 Transaction date: D<-< 8 Cr Qf M Wt iy> U»t V«6 o.y LestOuote Wv Dly Vld Net Cap A.q Comply Salt COOO) jg| t— Buytr Stlitr Cw P/E $mil Price MULThMDUSTRY 142 49.5 ml 1000 Acma SOc 73.5 *0.5 453 75.5 72.5 72.5 7X5
      6,829 words
    • Article
      SESDAQ
      1231 25 Gr Or M Wt 1 L"' Day L»«»Ou«ta Div Div YM Nat Cap Av« High Lr» StNo Company Salt 000) High Law Buy.r StMr C'YT P/E SmH Prtc* MANUFACTURING 243 30 2049 AS Auto 10c t14 -1 1820 tie 110 113 1t4 15.0N 7.0 1.3 K>.8 130.2 118 82
      1,231 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Untitled
        408 26 Stacks Volume Keppei Bank 18.018,000 DBS Land 12,613,000 ST Engg 10c 9,845,000 Keppei Land50c 9,421,000 Van der Horst 8,670,000 Keppei Corp 8,115,000 Wing Tai 25c 7,969,000 ST Capital 25c 6,736,000 OCBC Foreign 5.705,000 SM Summit 10c 5,386,000 Stocks OCBC Foreign 60,675,090 UOB Foreign 52,831,808 Keppei Bank 52,152,540 Keppei Corp 38,487,936
        408 words
      • Article, Illustration
        Bulls linger, pinning their hopes on further rate cuts
        654 26  -  STOCK MARKET COMMENTARY Banks surprise on the upside; late pressure stops STI short of 1,400 level; Goldman Sachs and Morgan Stanley bullish on S'pore equities R Sivanithy [SINGAPORE] Hopes of another interest rate cut before the year-end brought the buyers out
        654 words
      • ON THE GRAPEVINE
        • Article
          No merger plans at OCBC
          124 26 A READER rang up yesterday after reading a BT commentary about OCBC Bank and wondered whether reporters at a press conference last Friday asked the bank's new chief executive, Alex Au, if it was planning to merge with another bank, as had been rumoured. The
          124 words
        • Article
          Keeping away from Saros' money
          44 26 GEORGE Soros the consistent critic of Malaysian Prime Minister Mahathir Mohamad is rumoured to have offered funding to certain non-governmental organisations in Malaysia. However, one of them has rejected the offer, fearing that it would be labelled a traitor.
          44 words
        • Article
          The arousing smell of apple pie
          102 26 REMEMBER those politically very incorrect days when girls were told: "The way to a man's heart is through his stomach"? Well now you can save yourself the trouble of actually cooking up a meal. You can make a quick detour through his nose, it
          102 words
        • Article
          Now a ballooned world
          95 26 CABLE Wireless will have a balloon that will go around the world. If it succeeds, the Cable Wireless Balloon will be the first balloon ever to circumnavigate the world. It will also be the largest balloon ever made, at one million cubic feet in size. The
          95 words
        • Article
          Fighting words
          96 26 NORTH Korea says it plans to defeat the US, Japan and its neighbours. Soldiers of the Korean People's Army are firmly determined to annihilate the US imperialists, Japanese reactionaries and South Korean puppets "at one stroke", Army General Officer O Kum Choi was quoted as saying yesterday by
          96 words
      • Article, Illustration
        HOT STOCK
        71 26  -  -by Ven Sreenivasan KEPPEL Corp has been surging on sustained buying by institutional investors. Yesterday's volume was double the 10-day average and the technical charts suggest that the counter is wellpositioned to break through its $5.00 resistance level to its next target at $5.50 within the next few
        71 words
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      53 17 iJHUfIMMI METROPOLITAN™ BRACELET $815 (N2 W021) Ljiif c °A C H |]3f f| SWISS MADE FOR MEN AND WOMtN WATER RESISTANT WWW COACH COM CALL 734 3833 |'rOAnH I I Chew Cheong 734 5096 De»u«e Eastern 235 2536 Nanking W»lch 336 3658 k ft Roy Eastern 734 2357 Watch Sakxv
      53 words
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      42 18 Thursdays Motoring by Christopher Tan Theßusi.nessTimes Your Strategy 0%/ WMw$WsmSM& To Success. J|p^ Weekend mggQIQSDS Business Analysis For the mos,comprehensive m d uaiquecoverage FINANCIAL TIMES Call 323-1993 tO subscribe today. and analysis or world events and business news. No FT, no comment.
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      131 19 Reverso Duetto. And your nights will be as beautiful as your days. •r^wiMMiiTiwrri'T .z-w -.-mWjm GARDE SINCE 1931. Through magical GESTURE OF REVERSING its the Reverso 4 jk Duetto provides a SUBTLE ALTERNATION v BETWEEN DAY AND ,-A NIGHT, DAILY LIFE AND I EXCEPTIONAL SITUAtion. Classic, sporting AND RESTRAINED BY
      131 words
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      226 20 2 > Bp»|Kb^A KmlK v d*,- 4 BBWWWBWP" ;«#m HHHBK jk% f|PST99V9 nil m/I ■TTySTuuo a 1111 M 111 Kw» 11" IB II BMil lIIBIIIMI IHiK^^^B H^ip w v r *f* V j f -r~~ i^mHBP 4 Let The Straits Times Weekly Edition provide Posted weekly to your home, The
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      52 20 "<*r£fri»h Each $13- 80 uWI Braised Superior Shark's Fin Br Whole Abaloneoppc) Baked Cod Fish in Hot Plate i Fried Vegetable w/ Abalone Sauce mSS i Fried Rice Lyshin r- Almond Cream Walnut Cream 40 42 Craie Road ft IT*** ttAFOOO tiSttffANT (Tanjong Pagar) *****78. Hotline 226 5333 *7/^ Valet
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      46 22 Time for Christmas gifts which come from the heart... d^j^m THE ART OF WRITING YOUR LIFE J Instruments Watches Leather Jewellery MeisUrstkck Monlblanc Boutiques: Kgee Ann City #01 32, Raffles City #01 37A. Paragon #0118 Corner Watch Palace Service Centre: Paragon #0118 Time 18 ct. Gold
      46 words
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      1547 26 BUSINESS Notices To advertise call toll-free 1800-741 1883 Finance I Keppel Finance Limited I (Incorporated in the Republic of Singapore) To The shareholders of Keppel Finance Limited Payment of an Interim Dividend I The Board of Directors is pleased to announce that an interim dividend of $0,005 H per share
      1,547 words
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      Page 26 Advertisements Column 2
      68 26 V ;^\y "My friends were talking about the adventure camp to Pulau Karimun they had read about in Cats' Mews, Sunday Classified. I don't want to be leftout -1 read Cats' Mews every Sunday now." Yeo Sam Jay, secondary four student Tfbeei If you have found something, you can advertise
      68 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      328 27 Bridge News, Reuters Reuters THE market remained quiet in the afternoon, many brokers said. It was suggested that some charterers are "stepping away from the market" in an effort to drive owners' rate ideas lower, not specifying for which types of business in particular. TANKERS: Trading on the
      Bridge News, Reuters; Reuters  -  328 words
    • Article
      MARITIME STOCKS
      291 27 SB '000 Ncl It *h W CWT Distribution 0.44 +0.01 X) Chuen Hup 0.S2S unch 51 Cosco Investment 0.S2 Freight Links 0.19 *0.005 1201 CB Holdings 0.38 *0.015 35 Hal Sun Hup 0.435 *0.015 447 Hitachi Zosen 0.69 -0.005 241 IMC Holdings HK 5.6 Jaya Holdings 0.53 *0.03
      291 words
    • Article, Illustration
      Lock icon Antwerp wooing Asian shippers with lower fees
      488 27  -  Belgian port's terminal handling charges one-third less than at other European ports By. Marcus Hand [SINGAPORE] The Belgian Port of Antwerp is out to woo cash-strapped Asian shippers through handling charges that are lower than those of neighbouring North European ports. Terminal handling
      FILE PHOTO  -  488 words
    • Article, Illustration
      Austal delivers second catamaran to French firm
      142 27 [SINGAPORE] Austal Ships has delivered its second high speed catamaran to French maritime group Compagnie Chambon. The 40-m Opale Express will be used by Compagnie Chambon's French Caribbean fast ferry operations arm L'Express des lies, and will join the 48-m Jade Express, also
      142 words
    • Article
      Declaring Y2K compliance through Straitrep a complex issue
      715 27  -  STRAIT TALK By Seafarer THE safety of bulk carriers and the future of the North Atlantic Ice Patrol are just two of the eight or so major issues to be considered by the International Maritime Organisation's (IMO) Maritime Safety Committee at its
      715 words
    • Article
      New Subic Bay chief aims to develop port
      332 27  -  From. Alec Almazan in Manila [MANILA] Improving Subic Bay Freeport's port facilities will be a top priority of the Subic Bay Metropolitan Authority under its new chairman Felicito Payumo. Mr Payumo, who recently unveiled his development plan for the port, said that
      332 words
    • Article
      Lock icon Second Disney cruise ship to sail in August
      218 27 Reuters [MIAMI] Walt Disney Co's second cruise ship will set sail on Aug 15, 1999, a few months later than planned and well into North America's summer vacation season, a company spokesman said. A launch delay for the Disney Wonder, scheduled to
      Reuters  -  218 words
    • Article
      Lock icon Small M'sian shipping firms urged to act to ensure Y2K compliance
      237 27 Bernama [KUALA LUMPUR] Small players in the Port Klang forwarding and shipping community are still regarded as being ignorant of the Millennium Bug, or Y2K, issues and are urged to buck up to ensure Y2K compliance in due course.
      Bernama  -  237 words
    • Article, Illustration
      Lock icon Partners in spat over control
      719 28 AIRBUS INDUSTRIE Clash casts cloud over aerospace and defence mergers meant to prepare Europe for battle with US giants Reuters [PARIS] EUROPE'S ambitions to build a single aerospace powerhouse have collided with plans to overhaul Airbus Industrie, jolting the airliner consortium which has embodied industrial
      Reuters; FILE PHOTO  -  719 words
    • Article
      SHIPPING SCHEDULES INDEX
      367 28 PAGE Farwide 6 ANl 3 FoongSun 8 Accord 8 Fro a '2 Ahrenkiel 12 M Links M AsiaOCL 2 G Link 4 Appen ship 5 Gemartrans 8 Austral 8 Genshgp 12 Aunt M Glory Hav 14 B'tang Mas 8 HaiSonHup 8 BSA 7 Hangli 7 BTL M
      367 words
    • Article
      SHIPPING GUIDE
      17138 35 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Oest'n Name Name Number Number l»/12 2t/12 BTL XPRESS SPORE 271 65-*****22 To ABIDJAN (ABJ) 2003 Cot. D'lvolre £s S 16/12 24/01 Del mas MARIE DELMAS
      17,138 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        799 41 Vtssal VoyNo Btrth Arrival Departure AndMa End *****6 'jn MnqsHfc 0612/0300 Inght Coral J* J23 aKmosidt OS 12/2359 It Alrual *****8 J01 atongudt 0812/1500 It Citradaya *****8 JOl along*** 1012/0800 It Hjmft Jay *****6 J01 atongsid* 0812/2000 It M* Har *****6 JO! JtongvK* 0912/0400 8t Sur In 1*1298
        799 words
      • Article
        CONTAINER SCHEDULES
        1796 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Book inq/Btl trie* Rstls Ship Voy No Etb/Btr Period From To From AU Hum U1S 10/1000 lft Ot/BOO 08/T659 0t/1900 w OI/BOO ot/*59 ww ZA 0t/1700 01/0459 09/0900 n 04/1700 09/0*59 09/0900 1 09/0700 09/189 09/1400 4 09/1200 09/1459 09/1700
        1,796 words
      • Article
        GLOBAL HOLIDAYS
        216 41 Deo 12 Mexico: Virgin of Guadalupe (optional). Deo 23 Japan: Emperor's Birthday New Year Holiday. Deo 24 Finland: Christmas Eve. Deo 20 Nether land: Christmas Day. Mexico: Christmas Day. Finland: Christmas Day. Australia: Christmas Day. Austria: Christmas Day. Belgium: Christmas Day. Brunei: Christmas Day. Canada: Christmas Day. Denmark:
        216 words
      • Article
        COCKETT BUNKER MARKET REPORT
        913 41 THIS report compiled by 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-sized stem Market movements are indicated The Cockett Bunker Price Index change and the individual
        913 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        490 41 Carbon 180 Mai 990.2 3.9 17.4 0.15 78 0.07 Ok 3 Density Water Residue Ash Aluminium Sediment No above E25 0 1 t I 0 0 380 Ave 987.9 OJ 15.3 0.07 31 0.02 Cum 380 Mai 995.2 0.8 19.6 0.11 61 0.06 KC/M'3 v/v m/m
        490 words
    • AIR LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Manila woos Cathay back to PAL with new offer
        429 42 Govt agencies willing to extend bridge financing to PAL if HE carrier becomes partner Reuters [MANILA] The Philippine government announced a new offer yesterday to woo Cathay Pacific Airways Ltd back into negotiations for a stake in ailing national carrier Philippine
        Reuters  -  429 words
      • Article, Illustration
        Lock icon Stronger and cheaper
        48 42 [OTTAWA, Canada] Dofasco chief executive officer John May berry (right) and Stelco chief executive officer Jim Alfano look over the newly unveiled steel auto body. The UltraLight Steel Auto Body (ULSAB) is lighter and stronger than traditional auto bodies, and costs less to build. REUTERS
        REUTERS  -  48 words
      • Article
        Lock icon Boeing counting on private airlines
        313 42 INDIAN AIR SHOW It hopes to lease its 7775, 737-700s to the resurgent private carriers AFP [BANGALORE] Boeing is counting on India's resurgent private airlines to retain its toe-hold in South Asian markets, officials said. The Seattle-based aviation giant also hopes its 777s and 737-700
        AFP  -  313 words
      • Article
        Lock icon French giants make strong sales pitch
        397 42 AFP [BANGALORE] French aeronautical giants are making a strong pitch for a slice of South Asia's expanding aviation market, saying India could be the jewel in the crown of European business if deals under negotiations here were finalised. The GIFAS group of 15 French
        AFP  -  397 words
      • Article
        Foreign airlines cut flights to Japan
        239 42 [TOKYOJ Foreign airlines are reducing flights to Japan, as passenger demand has dropped amid the economic slump and a decline in the number of Japanese tourists going abroad. The profit margin on overseas air travel has also deteriorated due to the prevalence of discount
        239 words
      • Article, Illustration
        Lock icon Oneworld to add 2 more airline members soon
        278 42 Bloomberg [TOKYO] Two more airlines will soon join the oneworld alliance set up by British Airways pic, Europe's largest carrier, and American Airlines, said BA's chief executive Robert Ayling. Mr Ayling declined to name the airlines and declined comment on speculation BA
        Bloomberg; FILE PHOTO  -  278 words
      • Article
        Lock icon BA chief foresees very tough business conditions
        266 42 Staff urged to posh sales of first, business class seats Bloomberg [LONDON] British Airways pic, Europe's largest airline, said it faces "exceptionally tough trading conditions" as sales of business class tickets decline. Robert Ayling, BA's chief executive, said in a newsletter to employees
        Bloomberg  -  266 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1796 42 QTT FLIGHT ETA FUGHT ETB N***** 1650 LH787 2359 MC230 IKO S***** 1650 W4587 2359 LH6381 1920 SOMOt 2359 S0230 1920 Fukaaka WW I0W0 0Q> Amsttfdam KL843 0540 S024 2320 toWfZhM PtC C2351 2035 N***** 0800 KL838 2335 Hanoi VH741 1310 VH742 0905 S0327 0800 S0175
        1,796 words
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      24 27 Airbus Industrie partners in spat over control Clash casts cloud over aerospace mergers meant to prepare Europe for battle with US giants. Page 2
      24 words
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      Page 27 Advertisements Column 2
      132 27 Manila woos Cathay back to PAL with new offer Govt agencies willing to extend bridge financing to PAL if HK carrier becomes partner. Back Page CSL ASIA SINGAPORE REPRESENTATIVE OFFICE OF CANADA STEAMSHIP LINES INC. have immediate vacancy for: CHARTERING/ OPERATIONS MANAGER The successful candidate will be expected to manage
      132 words
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      1123 28 I NORTH AMERICA I I EXPORT 1 1 OTHER DESTINATIONS I SSX SUPER 3HUTTLE EXPRESB DKgCT TO LA H"! WEST COAgT OP CENTRAL AMERICA (MARGARITA BERVTCE) ««a vwr pssn n= H"" W I" 0 00 msa wr I'wTHjqniMlMAJWu lricM^lMMwrwulMiitOMiiolMuwqßg ooaaau who "Wfi oo7ii 25/11 10/11 ~37n b/u Ti7fi si7oi noosukaiai
      1,123 words
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      Page 28 Advertisements Column 2
      562 28 1 WHAT'S NEW! fl Keep I on this spot for new 1 services/clients. EXPORT 3 x Japan •2 x Hongkong -1 x Manila -1 x Koodmmg, K—king (Accepting FCI to BKK/NAHA/SENDAI/CEBU/LCH) vtiMl v6V haHH jKT WJ| iiw MA WW Mfc IW W M ttttlW M OUNGA KLANGI ***** 10.12 15.12
      562 words
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      Page 28 Advertisements Column 3
      153 28 services represented u r®o®?) by Members 016 Registry °< Singapore Freight Forwarders Accreditea Shtppog Agents CjMH Association Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETAPKL ETA SIN ETA MALE Prtoeess Lily VMM 21/12 22/12 M/ 12 Princess Lily VWfci 12/fI/H IS/B1 21/11 LILY MARINE SERVICES SINGAPORE Phone 324
      153 words
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      1049 29 TO EUROPE FROM EUROPE IvKSa VOY SIN HTM AMU mm H>V SOU FIT LEU IviSSH. VOT RTM ANR HAM MV SOU FIT liH SIN NY COMMODORE 316W 10/12 01/01 30/12 31/12 21/12 MOSEL S73C 15/11 17/11 20/11 21/11 Of/12 RHINE S24W 11/12 27/12 29/12 01/01 02/01 THAMES 5511 22/11 19/11
      1,049 words
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      Page 29 Advertisements Column 2
      2023 29 I HANJIN SHIPPING HANJIN SHIPPIMG (S) PTE ITO h* //wwr ham <■» MRM 37*0735 237 SAUS 37*0774 731 OOCUMtICT 37*0771 774 OffUTIOK 37<D741 757 MAM UK *****55 FAX 777W40 d ************ TO NW USA A CANADA USA CANADA* FOR VSI/VOY IMMI 5M IMEHAUL/YOY SEA I HW DEN T»i |~ai MSP
      2,023 words
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      Page 29 Advertisements Column 3
      500 29 FULLY CONTAIN IKHi P DtP I C A TIP SIRVICH YtSStl W_ _Sl*_ PK6 TOT SIN HR6 gl USR PUS TOT I SIN I PIG IttSSfl. Up'> SIR I )P I WTCPUSAR lItS 11/12 11/12 20/12 22/12 21/12 j|s| ffijf] mmm 17s 11/12 15/12 i/n 14/12 20/1? run 24/12 2S/12
      500 words
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      1431 30 DSR-SENATOR LINES TO UK/CONTINENT TOMEDrTERRANEANCANADA VESSEL VOY TST" LEH HTM MM HAM »HV FIX VESSEL VOV GIT SPE EOS VLC MTW HAMJM GENOA W0062 04.12 2112 21.12 24.12 2112 PACIFIC SENATOH WKOS3 1012 27 12 It 12 J1 12 02 01 00 01 PU3AN SENATOR MM Ml 2 20.12 27
      1,431 words
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      Page 30 Advertisements Column 2
      991 30 la, AM MAC-MELS S'PflftE M'SIA I ["**3 Carrier: MN CONTR LINES, INC P. GUDANG: (07) *****26 I I l\*V J OR NO. IMM7BOOOOC SIBU: (084) *****9 MANILA: (632) *****24 V PENANG: (04) *****36 BANGKOK: (862) *****67 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT (21) *****07 MDN: (61) *****3 KUCHXQ
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      679 30 LINE 2W TIL* *****56 FAXt *****12 MUARA 1 LABUAN "1 vtssa vor m> fu vtssa voy etd eta SPOtEMUAIA SPOM IM CARAKA JNB-J2 V2OI/98 14/12 21/12 SHAHS HOPt V«/ 98 17/1111/11 STRAITSHOPt VJ*/« 17/11 20/11 CMMAJMhSI V2IE/W IJ/U 29/12 CARAKA JNB-32 V2U/9I 15/11 21/12 STUITS MOPE V34C/90 17/1111/11 STRAITS HOPI
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      1343 31 [VESSEL VOV SIN SIP PKO PEN PQfl DUB SHJ BA I BSSC IRAN VAHDAT 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 PQB» Mina Qaboot. DUB > Dubai. SHJ
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      1937 31 IWica Wnkty to Earapa Main Portsl Ivory Monday and Saturday I Dirac! to Bromonhavon in 20 days J I SINGAPORE'S GENERAL AGENTS: 6 SHINTON WAY IKk 22* 1900 FAX: *****08 OUTWARD (B/L) COSTAR SHIPPING PTE LTD #i7-md»sildg saiis/bkgs 4205«57/60 inward dept (d/o> *****>s COSTAR AGENCIES (M) SON BHD (> NO:
      1,937 words
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      Page 31 Advertisements Column 3
      690 31 T—y EASTERN CAR LINER, LTD. Ea (SINGAPORE) PTC LTD JXTrnZ I SPECIALIZE IN RORO M. HEAVY UFT UPTO 4SO TOWS ECL (SINGAPORE) PTE LTD LOAD NG FOR SiSESSSft T MV "OCEAN BLUE" V 64 v*iiwi ikd v.iy ETA SIN 12/12/98 ETA PKL 14/12/98 ETA CIB 17/12/98 ETA SIN 13/12/98 ETA
      690 words
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      1451 32 EUROPE/UK/SCANOINAVIA/FINLAND/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHV THP RDM ANW MBG PKL SGP E. OYNAMIC RW-002 13/12 02/01 02/01 03/01 04/01 01/01 06/01 E RIGHT RE 034 12/11 14/11 13/11 IS/11 17/11 10/12 11/12 E. DEVOTE RW-004 11/12 00/01 13/01 00/01 11/01 12/01 13/01 E REWARD RE-031 19/11
      1,451 words
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      Page 32 Advertisements Column 2
      1059 32 f SSggQff PACIFIC INTERNATIONAL UNES (PTE) LTD I 8 140 Ceal Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 Ivtssa vor m I I m sw> mi tm m j mi w s» I lUNGA TIIATAI 3 473 12/12 11/1? 22/12 25/11 27/1? 1/1 7/1 1/1 OOQAWTT 021
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      Page 32 Advertisements Column 3
      630 32 ff* NANTAI LINE FULLY CONTAINERISED SERVia TO MAURITIUS SOUTH AFRICA VfSSil YOT SW fUI DM» M (FT K1 MAMTAI DRAGON V.OIOS 11/12 78/12 01/0) OS/Ol ot/01 mn/uPMNa vrots !m io/oi~ 13/01 u/oi jjjjjMjgg <03 IS 03/01 12/01 16/01 It/Dl 20/01 23/01 GOLDEN WAGON V OOtS 11/01 20/01 24/01 27/01 21/01
      630 words
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      488 33 BSA -k. Wtm MYANMA wBBk FIVE STAR UNE (Myanmar National Line) 11 Loading for Yangon (Rangoon) VISSII VOT SIN PKI PIN PGU SITTWI S3W SIO PATHCIN 153W 09/12 MALAYSIA AWNTS: BOUSTUD SHIPPING AGENCIES KUL- TEL (03)*****00 PKL: TU (03)376*101 PIN: HI (04)*****02 POO: Til (07)*****21/4 BANK LINE (A strvict of
      488 words
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      Page 33 Advertisements Column 2
      1585 33 HYUNDAI MERCHANT MARINE CO., LTD. Irosa VOY SIN SOU liH BTM ANT HAM BRV Fa IVKSE VOY|SOU|LBIIHMIAIITIHAMIWVI Fa \k HYCOMMOOORI3I6W 10/12 28/12 02/01 31/12 30/12 THAMES *****6/11 21/1118/11 19/11 ***** RHME 524W 11/12 02/01 30/12 27/12 29/12 NOLAGATt 00K 18/11 25/11 21/11 24/11 12/12 DAMM S42W 17/12 04/01 09/01 06/01
      1,585 words
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      Page 33 Advertisements Column 3
      1019 33 V norwegion specialized oukxamen Wilhelmsen Lines TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE* jvtsstl VOY RAMP HEIGHT SIM LAX CRI MIA SAV BAL OOF NYC NEW MOt TOURCOING F824 400 TOM 6.3 M 14/12 09/01 IS/01 21/01 23/01 25/01 26/01 27/01 01/12 05/02 TAPtOU F9Ol 400 TOM 6.3 M
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      934 34 BANGKOK/MAP TA PHUT/LAEM.CHABANG JAKARTA/PAN JANQ VESSEL VOY SIN BKK MTP LCtT" VESSEL VOY SIN JKT PJN KOTARATNA RNAO7I In Pt 12/12 GURU BHUM 107S In Pt 13/12 NANTA BHIIM** 423N In Pt 12/12 13/12 GURU BHUM 107 SB 10/12 13/12 KITI BHUM 83N 10/12 13/12 12/12 ANRO JAYAKARTA' 065 12/12
      934 words
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      Page 34 Advertisements Column 2
      566 34 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SERVICE yst VOT I S'fOtt I ADAM »DU H'KltC MUMH mwm AVISttl I 05/02 I H/07 PHUT M/Ot TO AUSTRALIA FULL CONTAINER SERVICE Vtt Ivorlwc sw"l F«t |IK Un> IMa 1 H»A 1 ADt 1 wiwotr o»s 10/1211/11 ?i/n «/n a/i? m/oi ah mump
      566 words
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      Page 34 Advertisements Column 3
      907 34 VESSELS VOY I SW I PKL I MLA LEH RTM HAM ZEE SOT VILLE DC TANYA T2BW 18/12 18/12 28/12 04jW 06/01 06/01 08/01 06/01 VULE DE TAURUS A29W 22/12 23/12 04/01 11/01 12/01 13*01 15*01 18*01 VILLE D AQUARIUS U29W 29/12 30/12 11/01 18/01 19/01 20/01 22*01 23*01 VILLE
      907 words
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      49 35 SX^TDla|74o^oo^O^Q€m3n(l (Retrieve more schedules!) s j© Press "1" jCTV Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number I Enter your phone number Another innovative service offered by The document will be SHIPPING TIMES S SL/ fgSSES-
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      142 37 f' 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
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      673 38 35 SAMUDERA SHIPPING LINE LTD OS E WE WILL BE AT OUR NEW S 2JT PREMISES WITH EFFECT FROM IgP 7th DECEMBER 1998 SEE 72 Anson Road, 332 Anson House HBH #06-01/03 and #07-03, Singapore *****1 fafld 2g jpj gga MAIN LINE: 532 3688 55 BOOKINGS LINE: 535 6266 =5
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      Page 38 Advertisements Column 2
      746 38 CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI ACCEPTING BOTH SOC AND COC CONTAINER Ivissii warn rr* smgapom eta ccxomm n* uiaoo SWAT 003HVH 04/12/W 11/12/W I>/IZ/W SMAMIULAI OQ4HW ?0/l?/W ?S/I?/W 30/1 Vn SWAT 004HW 27/1 Ml 01/01/W Ot/DI/W SHALAMAR OOSHW 10/DI/W IS/91/W JO/01/H_ SWAT OOSHW 17/01/W W/01/W 77/01/W
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      Page 38 Advertisements Column 3
      428 38 m FAR EAST 13/12 KEELUNG/KAOHSIUNG 13/12 BANGKOK 13/12 MANILA/CEBU 13/12 JAKARTA/BEIAWAN/SURABAYA 13/12 PORT KELANG/PENANG/E MALAYSIA 13/12 BUSAN 13/12 TOKYO/YOKO/KOBE/NGO/OSA 13/12 HONG KONG m CHINA (4»B#±»fcn) 13/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU m EURQPE/UK 13/12 LDN/FLX/LVP/SOU R DM/ANT/LEH/H AM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES m USA/CANADA 16/12 LOS ANGELES/NEW YORK
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      Page 38 Advertisements Column 4
      603 38 Singapore Soviet Shipping CPL a He IOOSOMOOOON Multiline Shipping PI (WhoKy Owned SutmAary) CRN* U*****0000C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO2I 10/12 17/12 28/12 KOTA RATU RTU29 16/12 23/12 04/12 BUXMOON 122N 24/12 01/01 12/01 [VESSEL VOY SIM CALCUTTA MM M REGINA RGAO7S 10-11/12 16/12 26/12 HARIBHUM
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      907 39 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I MO I MM J«T SU» I PPG I IIW I CM! I I 0« 1 HAL I HYI 1 Otf I MV MW I TAM I HQU~| HOI6HIMKANPA /07« 10/12 17/12 20/12 21/12 2*/12 31/12 06/01 09/01 06/02 OVO2 10/02 13/0?
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      Page 39 Advertisements Column 2
      1508 39 vtssa/voTAGt SPOKt sou rtm ham ia I vtssa/voyage sou inn haw hh store kooe nacoya Ishnniu ItoktoH NYKSMRUS 05WA49 10.12 2112 211J 29.12 0101 Daa V NYKANTARES 08WA50 17.12 02.01 04.01 05.01 o*4l KYK ANOROMEDA O*EA4* 15.11 17.11 If.ll 22.11 0112 14.12 1112 17.12 1112 |NYK ANOtORKDA 07VM51 24.12 09.01
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      Page 39 Advertisements Column 3
      106 39 <g*TOYOFUJI SHIPPING CO, LTD. MULTI-PURPOSE VESSEL FOR RO/RO, CONTAINER t BREAK BULK CARGO VESSEL |VOY| PK SIN JKT MU KK jm DEIPHIMIS 55~ 29/11 01/H 03/12 06/12 07/12 17/12 TRAMS FUTURE 1 11 06/12 08/12 22/12 HAMS PACIFIC S to 13/12 15/12 17/12 30/12 SOUTHERN CTOSSI 216 19/12 AGENTS: SINGAPORE
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      922 40 I VESSEL VOY SIN MAA SIN I TIGER ISLAND 664N 09-1(V12 14-17/12 21-22/12 TIGER SEA 665N 12-12/12 16-20/12 24 25/12 I TIGER BAY 666N 14-15/12 20-24/12 28-29/12 I TIGER PEARL 667N 17-18/12 22-27/12 3 01/01 I TIGER ISLAND 669N 21-22/12 26-31/12 I TIGER SEA 668N 24-25/12 30-05,01 06-07/01 I IVESSE^^^^VO^^SIf^^CA^^SIJ^I
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      Page 40 Advertisements Column 2
      708 40 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICES NEW DELHI COCHIN ABU DHABI MERSIN ISTANBUL IZMIR XINGANG Overseas Offices Hongkong *****113 flms@asiaonline.net Port Kelang *****40 flem@tm.net.my Bangkok *****42 kunthida@fleth.co.th Surabaya *****00 fle-sub@sbv.mega.net.id Jakarta *****48 flei6B9l@rad.net.id Penang *****90 flepsb@po.|aring.my JAKARTA 5 sailings/week PORT KLANG 6
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      Page 40 Advertisements Column 3
      1352 40 [OOCL (Singapore' Pte Ltd CFS Kepp»l 79 Adsm Ro«d #21-04 (S) *****6 Bik $13 *01-128 -L. CINO **********0H W: 272 7827 For bookmg Wi W: *****13 Fax 221 3942 F.i: 272 7825 Orient Overseas Container line eaqmry (R) jI 2. Sdn Bhd (Reg No: *****2- (a ll [>«S| PETAUNG JAYA
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      125 41 LEGEND: R Thunderstorm Temperature c X\ V Shower Weather Wind direction with speed in knots Rom Cloudy Sky Wov h «g*« Surface winds are indicoted by orrows which fly with the wind vl) n fu c rc, represents calm or light and variable winds One holf Heche represents 5 knots
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