The Business Times, 17 December 1998

Microfilm: NL21361
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    16 1 MITA (P) 04(V12/98 85c THE BUSINESS TIMES S I N PORE Internet: http://business-times.asial.com.sg/ THURSDAY, DECEMBER 17,1998
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  • Article
    MARKET SUMMARY
    62 1 □am U3GUO (-9.19) □ihbi 689L81 (-5.48) BDB9GIFUTUIES VIM (-1.00) CUMAHET HOODs EflKai STOCK MAMET INDICES Wednesday Change KLSKOOtlP MM -W NIKKH 14JMM +81.11 HANOSKNO 9JMJU -1146 SET INDKX I44JI AM JAKARTA 00MP—411M >1112 MANILA COMP 1,889.24 +7U1 TAIPW WF1 1,711 JS -1174 StiOULOOMP MM7 33.89 CISA CHINA B
    62 words
  • Article
    FINANCE
    70 1 F08EX BATES USt SI U8$ 1.860 S(U8S/8SperS) MM 17* DM 1.664 tMl YBN liM L«7 RM UN 0.4*4 HKS 7.748 Oill BAHT *17 0.946 KUP1AH 7426 MB* •stmrnmi* FUME KilES SINGAPORE* 121 KUALA LUMPUR 1160 JAKARTA 28.M BANGKOK 14.76 MANILA 2196 HONGKONG 10.26 TAIPEI SYDNEY &46 TOKYO til SEOUL
    70 words
  • Article, Illustration
    Lock icon DBS gets control of HK's Kwong On Bank
    850 1  -  Shareholders offered three options including HKS9.SO fjjgh a share From 1 Quak Hiang Whai in Hongkong DBS Bank yesterday added another major leg to its expanding regional network when it took control of Hongkong's Kwong On Bank after securing a minimum of
    Source: Bloomberg  -  850 words
  • Article, Illustration
    Lock icon Asean leaders close ranks to bring back investors
    861 1  -  Tokyo pledges USssb more loans; Bering togiveUSs4J>b From' Yang Razali Kassim Compiled by BT in Hanoi ASEAN leaders yesterday ended their most difficult summit meeting in 30 years with a slew of what they called "bold measures" to bring back investor confidence
    Compiled by BT; REUTERS  -  861 words
  • Article
    KL, Bangkok to get US$3.35b Tokyo emergency funding
    438 1  -  From Anthony Rowley in Tokyo JAPAN yesterday announced US$l.5 billion (552.47 billion) of financial support for Malaysia and US$l.B5 billion for Thailand as part of the so-called Miyazawa Initiative to provide emergency funding to Asian nations. A senior Finance Ministry official in
    438 words
  • Article
    Lock icon Central banks clash with IMF on transparency code
    425 1 Righteous indignation on both sides, says a banker FT [LONDON] Leading central banks are putting pressure on the International Monetary Fund to water down proposals aimed at securing more transparency in monetary policy-making in the wake of the Asian crisis. Their objections
    FT  -  425 words
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      134 1 nwmE I .1 I I Cftferap cots jrihs Citigroup Inc will cut 10,400 jobs, or 6% of its staff, to reduce costs and boost profits, Pg2o Motoring New chief at the wheels of BMW Asia Mercedes-Benz S-class opening up new possibilities in motor trade Pgl6 A tJ Back Lick Stow
      134 words
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      15 1 E Aria, Latin America summit taking shape, Pg 7 Summits great/or mending ties, Pg 7
      15 words
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      Page 1 Advertisements Column 3
      103 1 New bridge to replace causeway? A Malaysian consortium has revived a plan to build a bridge to replace the causeway linking Malaysia and Singapore. Full report, Pg 4 >vT ,<,w.v-4 ■1 li JN. MWWW Ik F* a A B "H.i I- H [■n m B H ¥hH| B B B
      103 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Pidemco buys POSBank Tower for $456m
      464 2  -  Purchase price includes payment for land and the 25% completed building in Robinson Road By. Ang Wan May PIDEMCO Land is buying the partially-completed POSBank Tower at Robinson Road for $456 million in what Is to be the first major commercial transaction in close
      464 words
    • Article, Illustration
      Lock icon SingNet to pass on $40m cost savings to subscribers
      399 2  -  ISP to cut some rates, absorb phone traffic charges By\ Marissa Chew INTERNET service provider Sing Net yesterday said it will pass on cost savings worth $40 million to its subscribers in the form of rate cuts for some services and
      Source:  -  399 words
    • Article
      KL misses new deadline to submit CIQ arguments
      267 2 MALAYSIA has missed another deadline to submit written legal arguments to support its claims of a legal right to maintain its Customs, Immigration and Quarantine (CIQ) operations at Tanjong Pagar Railway Station. This happened despite a reminder last Friday from Singapore of
      267 words
    • Article
      Freehold landed property top draw at auctions
      329 2  -  Eight out of 28 properties on anction block were sold; 6 were freehold landed By< Corinne Kerk THE desire to upgrade to freehold landed property remains strong, going by the results of Jones Lang Wootton's two auctions yesterday. Of the combined 28 properties
      329 words
    • Article, Illustration
      Lock icon Lum Chang boss puts Dalvey bungalow up for sale
      276 2  -  By\ Lilian Ang LUM Chang Holdings' executive chairman, Raymond Lum, has put on the market one of his properties with a prestigious address No 1 Dalvey Road. The freehold property has a hefty $8 million price tag, or more than $500
      CHRIS LOH  -  276 words
    • Article
      Four more Kopi Tiam outlets in '99
      445 2  -  Company wants to bring its brand to region in longer ran By Rahita Elias FOOD court operator Kopi Tiam Investment, which this month opened two outlets within the central business district, plans to open four more outlets in Singapore next year. Kopi Tiam
      445 words
    • Article, Illustration
      Lock icon Recruitment rate continues to fall
      317 2  -  EYE ON THE ECONOMY Labour By\ Marissa Chew COMPANIES continued to cut back on hiring in the third quarter, with the average monthly recruitment rate down to 2.2 per cent, figures from the Ministry of Manpower show. This compares with 2.4 per cent in the
      Source: MOM  -  317 words
    • Article
      Asia offers better investment scope, say S'pore firms
      341 2  -  China is top pick followed by S'pore, US, India and M'sia in a CBRD survey By, Anna Teo THE regional economic problems notwithstanding, Singapore companies still see better investment opportunities in Asia than anywhere else, except perhaps for the United States, a
      341 words
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      Page 2 Advertisements Column 1
      161 2 Wc provide consultancy services on offshore structures, I shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants.
      161 words
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  • FOCUS: PROPERTY
    • Article
      FEO stamps out its stamp duty incentive
      298 3  -  Other developers also withdrawing absorption of 3% tax for buyers at a number of properties By. Ang Wan May [SINGAPORE] SINGAPORE'S largest property developer Far East Organisation has stopped absorbing the 3 per cent stamp duty for buyers of all its private projects.
      298 words
    • Article
      House Hunt
      767 3 Property transactions for districts 15 and 16 (sectors 42 to 45 and 46 to 48) lodged between Nov 11 and Dec 12. ProiKtNmtf Met Contact Twwrt MR-ftV Met W SMNm Tjpa Date Land Ana* (sqrj mm m District 15 Amber Point Apt 11/02/98 FH 1689 935 553 Casa
      767 words
    • Article
      Lock icon Latest M'sian perks won't solve glut: consultants
      364 3 Non-residential market flooded with RM75b of properties Bridge News [KUALA LUMPUR] Malaysia's latest incentives to boost its residential property market may lure investors and help some companies stay afloat for a while, but they can't solve the serious glut in the property sector,
      Bridge News  -  364 words
    • Article, Illustration
      Lock icon Dunrnan Place set for re-launch
      336 3  -  Bnt prices will be raised for remaining 30 nnits, says agent Corinne Kerk [SINGAPORE] Dunman Place, the 69-unit freehold project near Tanjong Katong, will launch its remaining 30 units for sale "pretty soon", and at higher prices than before. According to Edmund Tie Co (ETC),
      FILE PHOTO  -  336 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      136 3 'CB' Factory in Gul FOR SALE Built-in (sq ft) Land arM (aq ft) Tanura Plot A 30,785 44,476 30+30 yrs wef 1991 Plot B 30,698 44,476 30+30 yrs wef 1993 Total 61,483 66,952 2 plots can be sold separately or as one entity Well maintained and fully fitted office Very
      136 words
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      Page 3 Advertisements Column 2
      183 3 Light-Industry Corporate Building I JUDICIAL MANAGERS'SALE I Ik k An 8-storey modern detached factory with basement car park. I > Prominent frontage along PIE; ideal as a corporate building. i V •Site Area:sl,7l6sqftapprox. V Built-in Area: 128,960 sq ft approx. JgflHflgH tj Tenure: 30 +30 yrs wef Sep 1994. 1
      183 words
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  • SOUTH-EAST ASIA
    • Article
      M'sian group revives 'bridge to replace Causeway' plan
      536 4  -  I.skm bridge i* part of Gerbang Perdana's Southern International Gateway project From\ Eddie Toh in Kuala Lumpur A MALAYSIAN consortium has revived a plan to build a bridge to replace the Causeway linking Malaysia and Singapore. Gerbang Perdana, which comprises the subsidiaries
      536 words
    • Article
      Lock icon Thailand to cut foreign debt to 48% of GDP in 2 years
      222 4 BANGKOK Reuters THAILAND aims to reduce its foreign debt to 48 per cent of gross national product (GNP) in two years' time from 70 per cent now, Bank of Thailand governor Chatu Mongol Sonakul said yesterday. Mr Chatu
      Reuters  -  222 words
    • Article
      Lock icon M'sian amy chief Zahidi to be new defence forces head
      233 4 KUALA LUMPUR Bernama CHIEF of Army Gen Mohd Zahidi Zainuddin is designated to be the new defence forces chief to succeed Gen Ismail Omar who is retiring end of the month, it was announced here yesterday. Defence Minister Syed Hamid
      Bernama  -  233 words
    • Article
      Lock icon Defence reads Sukma's letter alleging torture
      507 4 ANWAR'S TRIAL Upset prosecution promises to bring in videos to prove he confessed voluntarily Reuters AFP [KUALA LUMPUR) Lawyers for sacked Malaysian finance minister Anwar Ibrahim read at his trial yesterday a letter quoting his adopted brother saying he was tortured by police into
      Reuters; AFP  -  507 words
    • Article
      Cost-cutting trends of early 90s resurface: Asia-Pac poll
      248 4  -  SINGAPORE By' Wong Wei Kong A survey of chief executive officers in the Asia-Pacific by PricewaterhouseCoopers has found a resurgence of the cost-cutting trends last seen in the early 90s, as CEOs revamp their businesses in response to the regional economic crisis.
      248 words
    • Article, Illustration
      Lock icon Students clash with police in Jakarta
      430 4 JAKARTA Shops owned by ethnic Chinese attacked in a Kalimantan town Reuters ABOUT 1,000 Indonesian students clashed with police in Jakarta yesterday while in the country's east hundreds of people went on the rampage shouting "Burn Chinese shops!" Witnesses in Jakarta said police fired
      Reuters; AFP  -  430 words
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      1188 4 TL&M Group I JJi X Investments Ltd (Incorporated in the Republic of Singapore) Bj B To: Holders of Warrants to Subscribe for Now Ordinary Shares in L&M Group investments Limited (foe "Compeny") expiring on 18 January 1999 at 5.00 p.m (foe "Warrants") THIS IS AN IMPORTANT NOTICE WHICH REQUIRES YOUR
      1,188 words
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      Page 4 Advertisements Column 2
      26 4 If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. t Another Classified Service
      26 words
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      257 5 rage 5 IBhPKI i^'^F^ssffii BHHBHHEHkr *Ji^JlH p IE Br p| r >.«• 'i^mm r ""'l' ""4«>& 'U</%•:. >'-••*^^^3Bl t -if *M> 1 r .«*-<*»"~X s .iK, '«i» ~.'|lf^B r^ j HT .fffl i^ I. VHn*-^" 11 VHH^H| PWjJ fei Jk M It from a company that may surprise you. only
      257 words
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      117 6 Liberate your telecommunications and your mind will follow. t Imagine a company that can take you beyond conventional approaches to telecommunications. s 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
      117 words
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  • ASEAN SUMMIT
    • Article
      A summit of East Asia and Latin America is taking shape
      603 7  -  PM Goh suggests a parallel to Asem; S'pore to host first officials' meeting followed by Chile From Yang Razali in Hanoi A SUMMIT of East Asia and Latin American leaders will take place some time in future if a
      603 words
    • Article, Illustration
      Summits great for mending ties
      931 7 Unity is crucial for Asean at this critical Juncture THE bantering between President B J Habibie and Prime Minister Mahathir Mohamad just before the start of the Asean summit was no laughing matter. Dr Mahathir had turned up in Hanoi despite being under the weather
      931 words
    • Article
      Lock icon Asean looking into common currency as long-term option
      527 7 Study part of plan to promote economic recovery, free trade AFP [HANOI] Leaders of Southeast Asian countries still reeling from the devastating effects of foreign exchange turmoil called here yesterday day for a study into the feasibility of a common currency. With
      AFP  -  527 words
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      209 7 1 I e 2 l o I 12 '1 I ■w 'II m l/N boss H^'l If 1 xwae mm I p I"* 1 'I u P E K II I /WB&iyv v HUGO g 0 Available at BOSS Shops at Ngee Ann City, Suntec City and Isetan Scotts M
      209 words
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Poor bids at 371b baht loan auction
      480 8 Agency able to accept only 9 of the bids for 45 tranches of loans offered Reuters [BANGKOK] Thailand said .yesterday it was "not happy" <* «with the level of bids in a -long-awaited auction of finanl jcial assets. The Financial Sector Resstructuring Authority
      Reuters  -  480 words
    • Article
      Lock icon IMF approves payouts for Thailand and Indonesia
      353 8 Reuters [WASHINGTON] The Interi; national Monetary Fund of- «fered Indonesia and Thailand %new injections of cash on JT-Tuesday, signalling satisfac--1 tion with latest economic pol- icies but warning of possible 'complications ahead. Fund statements said it Jshad approved a US$957 mil*;;lion (SSI-6 billion)
      Reuters  -  353 words
    • Article, Illustration
      Lock icon Japan's tax relief package likely to top 9t yen a year
      468 8 The cuts will lead to GDP growth next year, says govt Reuters JAPAN yesterday appeared set to top off previously promised tax cuts with exemptions for parents, bringing the total annual tax relief to over nine trillion yen (*****.8
      Reuters  -  468 words
    • Article
      Lock icon Seoul may buy back minority shares to help sale of banks
      355 8 AFP [SEOUL] South Korea's government may buy back shares held by minority investors in Korea First Bank and Seoulbank to remove major hurdles to the sale of the two nationalised institutions, sources said yesterday. The write-off has been proposed
      AFP  -  355 words
    • Article
      Lock icon Korean bankruptcies down to 26-month low
      194 8 Bloomberg AFP [SEOUL] South Korean corporate bankruptcies dropped to a 26-month low in November, a sign that the economy may be poised to climb out of its steepest recession in almost Ave decades. As the government moves to lower interest rates to bolster the
      Bloomberg; AFP  -  194 words
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      231 8 I I I B Multiply your enjoyment by two this festive season. Because from now till 31 December 1998, every $10 you charge to H B your Citibank Cathay Pacific Visa will earn you twice as many points*. The more you charge to it, the more points will be I
      231 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Goldman Sachs named adviser to troubled Guangdong unit
      509 9  -  US bank pledges equity investment in revamped ODE, in a first by foreign bank From Quak Hiang Whai in Hongkong UNITED States investment bank Goldman Sachs was yesterday appointed financial adviser to Guangdong Enterprises (GDE), the troubled investment conglomerate of the Guangdong
      509 words
    • Article, Illustration
      Time far a grand compromise
      719 9  -  CHINA WATCH Washington, Betylng should go for a breakthrough on China's WTO entry By Lu Ning CHINA'S Foreign Trade Minister Shi Guangsheng starts a new round of bilateral trade talks with his US counterpart, Commerce Secretary William Daley, in Washington today. Believe it or not,
      719 words
    • Article
      Lock icon Bank of China told to help HK and Macau
      191 9 BEIJING Reuters CHINESE Vice-Premier Wen Jiabao has urged the Bank of China to further assist Hongkong and Macau in maintain, ing their economic growth, the official People's Daily newspaper said yesterday. Mr Wen praised the bank's role in "maintaining a stable
      Reuters  -  191 words
    • Article, Illustration
      Lock icon Toys'journey to the West
      57 9 [BEIJING] A toy shop in Beijing yesterday is filled with Chinese-made dolls arid soft-toys, similar tolhose fbundin outlets throughout Europe and North America during the Christmas season. China is the biggest single source of toys for Western markets, with more than three-quarters of the toys sold
      AFP  -  57 words
    • Article
      Lock icon Tung spokesman to earn more than White House counterpart
      244 9 HONGKONG Opposition slams HK$lBl,OOO monthly pay amid recession AFP LEGISLATORS in recessionhit Hongkong yesterday agreed to create a new post of spokesman for the embattled chief executive even though the job will pay more than its counterparts in the White House
      AFP  -  244 words
    • Article
      Lock icon Govt to amend law as SEHK becomes public body
      103 9 HONGKONG AFX-Asia THE government plans to Introduce legislative amendments to the Prevention of Bribery Ordinance in the current legislative session as the Stock Exchange of Hong Kong (SEHK) becomes a public body, Chief Secretary for Administration Anson Chan said yesterday in
      AFX-Asia  -  103 words
    • Article, Illustration
      Lock icon Chinese PM Zhu may visit US in April
      133 10 SHANGHAI Reuters WASHINGTON hopes Chinese Premier Zhu Rongji will visit the United States in April next year, US ambassador to China James Sasser said yesterday. The agenda would include a meeting with US Vice-Presi-dent A 1 Gore for discussions on sustainable development
      Reuters  -  133 words
    • Article
      Lock icon Shenzhen hi-tech firms eye HK second board
      270 10 SHENZHEN Growth Enterprise Market aims to list initial batch of 20-30 firms by next Q4 Reuters MORE than 100 high-technol-ogy firms in China's southern boomtown of Shenzhen hope to list on Hongkong's Growth Enterprise Market (GEM), or second board, securities newspapers said yesterday.
      Reuters  -  270 words
    • Article
      Lock icon Beijing raps Taipei for using ; 'democracy card'
      361 10 Beijing raps Taipei for using 'democracy card' BEIJING Taipei trying to avoid reunification issue: People's Daily Reuters CHINA'S propaganda machine yesterday lashed out at Taiwan for urging change in Beijing's socialist system and putting off talks aimed at unifying the two rivals. A commentary published in the official People's Daily
      Reuters  -  361 words
    • Article
      Lock icon Taiwan opposition pushes for military ties with China
      130 10 TAIPEI AFP TAIWAN'S pro-reunification New Party said yesterday it is pressing for military exchanges with China and hopes to send the first-ever Taiwanese delegation to mainland military establishments. "Hopeftilly the trip would be arranged in the spring... to begin the first step
      AFP  -  130 words
    • Article
      Lock icon China's 20 years of reforms a great cost to environment
      463 10 BEIJING Growth target taking precedence, say analysts AFP TWO decades of breakneck economic growth have brought riches to many Chinese but most of the country is now facing poverty of a different kind measured in terms of massive environmental damage
      AFP  -  463 words
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      90 9 < W B 1 fWK^ Ask any kn mam and he'll tell you, nothing whets the appetite quite like fou era,. Ask any meat lover Then klt ,h.m .11 f and he'll tell you, there's nothing quite like US price sirloin or New Zealand tenderloin. And ask any the fo^m^ulZ
      90 words
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      98 10 .J^^HiHHHI^^^^HH^HH f*|| 4ljSS| -'-..;^J^^^^^^^^HHB^iP^^'^' ,\f~ *s^,-a 4 *mh t.: 3/* s \jl*~ ''4'<i ,> .>*& > -a:-* '%4&m S HP* B '^13H 'H^H^ M W JBi »v A:". ■MteMi .ii -<dH 'tSHHRn t,„ -<>. jf *■*•s*-y>^|^^c£-HBwßw^s|BflK| 'id 4% mHB »S^jt^»''i% x- i^Hgg||^' >:*ir^K- jflkjMM^C- v '\jj I ,MHM Jr 3pv
      98 words
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  • ASIA
    • Article, Illustration
      Lock icon Miyazawa to quit as leader of LDP faction
      188 11 TOKYO Bloomberg Bridge News JAPANESE Finance Minister Kiichi Miyazawa said he will resign from his position as leader of the Miyazawa faction in the ruling Liberal Democratic Party. He declined to say when he would step down. Koichi Kato, a former secretary-gen-eral
      Bloomberg; Bridge News  -  188 words
    • Article
      Lock icon Indian panel to unveil new telecoms policy in February
      238 11 NEW DELHI Reuters A PANEL on telecommunications set up by Indian Prime Minister Atal Behari Vajpayee said on Tuesday that a new policy for the sector will be announced in February. N K Singh, secretary in the Prime Minister's Office, also
      Reuters  -  238 words
    • Article
      Lock icon Aussies to vote on republic issue late next year
      129 11 CANBERRA Reuters AUSTRALIANS will vote late next year, probably in November, on whether to cut 200-year-old constitutional ties with Britain, the Australian government said yesterday. "The Commonwealth referendum on the republic issue will be held towards the end of 1999, probably
      Reuters  -  129 words
    • Article
      Lock icon Japan trade gap widens, new friction expected
      285 11 TOKYO Current account surplus up 22% in Oct to 1.34t yen Reuters THE broadest measure of Japan's trade imbalance with the rest of the world expanded again in October, the government said yesterday, increasing the likelihood that trade friction will pick up in
      Reuters  -  285 words
    • Article
      Lock icon Indian insurance workers on strike
      302 11 NEW DELHI They're protesting against bill to open sector to foreigners AFP THOUSANDS of workers at India's state-run insurance firms went on strike across the country yesterday to protest against a bill to open the sector to foreign players. In New Delhi, strikers gathered in
      AFP  -  302 words
  • Page 11 Advertisements
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      110 11 Formerly a military secret. Finally available to a select few. OFFICINE PANERAI Where ideas come to life. Italian design excellence amo Swiss technolocical sivi timc unrivalled form and function. Hand-wound mechanical MOVEMENT. CAS. AND IOQ IN STAINLESS STEEL. WATER-RESISTANT TO A DEPTH Of SOO METRES (MS FEET). WITH CHRONOMETER CERTIFICATE
      110 words
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      206 11 HT GOLDEN SUCCESS Formed in 28g purr gold and set in an exquisite d£*, T^Hfejj^pW^ft jgSMi| I TRIUMPHANT Peony floral carving on golden ring AUSPICIOUS <* wi,h Burmese Jade Encased in 24K gold signifying bountiful year ahead 46mm X 68mm X 33mm, 242g. 150 mm X 100 mm X 75mm,
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  • THE WORLD
    • Article
      Lock icon US industrial production falls 0.3% in Nov
      423 12 WASHINGTON Steady drop in manufacturing blamed on weather and fading overseas markets Reuters WARM weather and weaker auto output helped pull US industrial production lower in November as industries operated at their slowest rate in more than five years, the Federal Reserve said
      Reuters  -  423 words
    • Article
      Lock icon UK jobless edges up for second month in row
      422 12 LONDON More job losses likely as economy's set to slow: economists Reuters BRITISH unemployment edged up for the second month running in November, official figures showed yesterday, suggesting the economic slowdown is starting to bite. The Office for National Statistics (ONS)
      Reuters  -  422 words
    • Article
      Lock icon KPMG posts 19% jump in fees, eyes listing of consultancy
      441 12 LONDON Reuters LEADING British accountancy and advisory firm KPMG yesterday reported a record 19 per cent jump in annual gross fees and recruited 900 people in what it expects to be a "soft landing" economy. The "Big Five" accounting firm,
      Reuters  -  441 words
    • Article
      Lock icon German business confidence at 2-year low
      201 12 MUNICH Bloomberg BUSINESS confidence in Germany fell in November for the sixth straight month to its lowest in almost two years, further evidence the European Central Bank (ECB) may be forced next year to trim interest rates for 11 nations to sustain growth in
      Bloomberg  -  201 words
    • Article, Illustration
      Lock icon Training for Santas
      71 12 [MOSCOW] The reindeer are obviously on strike: Moscow's Father Frosts (the Orthodox equivalent of Santa Clous) are caught on Tuesday taking the capital's subway train on their way to work. Many students in Moscow earn extra money—about USfl (SSI. 65) an hour— to dress up as Father
      AFP  -  71 words
    • Article
      Lock icon Russia extends defaulted debt swap to March 15, sets new terms
      293 12 MOSCOW Bloomberg RUSSIA said it will swap 281 billion roubles (5522.5 billion) in defaulted debt for new cash and bonds through to March 15, ending months of negotiations that resulted in investors securing a pledge for just a few
      Bloomberg  -  293 words
    • Article
      Lock icon Gates says he can't recall plan to use pressure on IBM
      443 12 MICROSOFT'S ANTITRUST TRIAL E-mail reveals discussion on a 'hit team to attack IBM 9 Bloomberg [WASHINGTON] Microsoft Corp chairman Bill Gates, confronted with an e-mail exchange between himself and a company official discussing a "hit team to attack IBM",
      Bloomberg  -  443 words
  • Page 12 Advertisements
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      817 12 it *1 4- ns=) tat lee finance limited (Incorporated in the Republic of Singapore) IMPORTANT NOTICE To: Holders of Warrants to Subscribe for Shares in Tat Lee Finance Limited (the 'Company* or "TLF") expiring on 18 January 1999 at 5.00 p.m. ("Warrants") THIS IS AN IMPORTANT NOTICE WHICH REQURIES YOUR
      817 words
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      Page 12 Advertisements Column 2
      103 12 at& i AH YAT ABA LONE FORUM RESTAURANT 190 Qemenceau Ave, #01-01/10 Singapore Shopping Centre, (5)*****4 Fax 339 3075 Tel: 339 0476 Business Hrs: 11.30 am 2.30pm 6pm 10.30pm BEST OF THE BEST! e Buddha Jump Over Tke Wall Braiacd Superior Skark'a Pin m Claypot Traditional Style Wkole Freak Akalone
      103 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      World Bank lesson on aid: IMF, take note
      643 13  -  THE BOTTOMUME OPINION By Reginald Dale The writer is a columnist with the International Herald Tribune, where this commentary first appeared ARE you a national leader with, let us say, unorthodox views, who has recently taken over an impoverished country struggling with
      643 words
    • Article
      IN OTHER WORDS
      172 13 There are many uncertainties in life. But one thing is certain no matter what official position is offered to me, I will not take it' -AmartyaSen winner of the 1998 Nobel prize for economics, on calls to make him the deputy chairman of India's Planning Commission. 'Many
      172 words
    • Article
      Lurking behind mergers
      598 13 EDITORIAL THE value of mergers and acquisitions done this year was heading for an all-time record even before Exxon announced the world's biggest-ever deal this month —its proposed US$76 billion (S$ 125.5 billion) takeover of Mobil. The bid must still survive American anti-trust scrutiny, and approval is
      598 words
    • Article, Illustration
      Lock icon Why China won't give up control of its currency
      1246 13  -  EgfS Economist's View Despite cost of forex controls, China has learnt from Asian crisis to shield itself against contagion By Lu Ding UNLIKE most of the other East Asian currencies, the Chinese yuan has so far escaped the regional contagion. But
      FILE PHOTO  -  1,246 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      779 13 Long road to donocracy SINCE 1959, Indonesians have lived under virtual dictatorship; first under Sukarno's "guided democracy" and then under Suharto's "Pancasila democracy", neither tolerated the emergence of popular grassroots leaders. As a consequence, no system exists that allows for the democratic recruitment of a national
      779 words
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  • EXECUTIVE LIFESTYLE
    • Article
      Lock icon US$43,125 for Monroe's letter
      249 14 Missive tells of her anxiety at prospect of meeting her father AFP [NEW YORK] A letter written by 16-year-old Norma Jeane Baker, later known as screen legend Marilyn Monroe, was sold on Tuesday by Sotheby's in New York for more than U5543,000 (5571,045). Valued at between
      AFP  -  249 words
    • Article, Illustration
      Lock icon The US$7-million bash
      853 14  -  When the Royal Towers, Paradise Island, opened, the rich and famous partied. Cheryl blackerby was there CHERYL BLACKERBY NYT THE party for the humongous Royal Towers Hotel, which opened last weekend on Paradise Island in the Bahamas reportedly cost US$7 million (Ssl 1.6 million). So what do
      NYT; FILE PHOTO  -  853 words
    • Article, Illustration
      Lock icon The case for a more joyful Christmas
      600 15  -  Give things that matter: time, memories, love, whimsy, says a book reviewed by SUSANi* m* SUSAN REIMER LAT-WP THE average consumer will spend US$9l4 (551,510) on Christmas this year, US$35 more than last year, and almost half of us can't remember a single
      LAT-WP; FILE PHOTO  -  600 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      369 14 wK 9 I Characteristic animal flßfeL I sculptures made before 1880. *_j 1 I^B£ electroplate and rhinestoS. SiSlw Mexico. Tiny mice from' H Spohi^a .279. -i 7 8b C (1i9760A) pierced (I i 976 lA) clip i 9 thcenftuy. Hand painted ceramic. Height < Va". $tSOEA<H (F1196A) $39 Three mice.
      369 words
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      Page 14 Advertisements Column 2
      69 14 THE RITZ-CARLTON, MILLENIA GIFT CERTIFICATE. f t. nothing makes a more UNFORGETTABLE GIFT. Give someone something unforgettable: A Ritz-Carlton, Millenia Gift Certificate. Let us help you select the perfect gift. Just dial 434 5111 today. Delivery is complimentary. *jflgß The Ultimate Weekend $588 Gracious Getaway $298 Tim Sum Lunch for
      69 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      237 15 Where to wine, dine and entertain... -s (g^JSKSKr w&m CLUB 5 CLUBStWSINGSATION Christinas Eve 8C THEME KARAOKE I Jl s Eve Chrutmas Eve First drink $32 per oerson, New Year's Eve with 1 standard drink 6i First drink $25 >er person, novelties with 1 standard drink. Rgom rental from 390
      237 words
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      Page 15 Advertisements Column 2
      234 15 24 December 1998 i\ WChmsTOjas Eve m ImexnanonaL Buffer Dinner and Dance Q% j Grand Ball Room, Level 2 $28.0+++ per person W\ (adult) JT\ $18.00+++ per child (below 12 yean old) Jf Inclus vc of novelties. glass of jA sparkling red or white wine (VAgr or juices J 1
      234 words
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      Page 15 Advertisements Column 3
      49 15 K BRUNCH >52 00"- PER APUIT I WITH FREE-FLOW OF CHARLES HEIPSIECkf CHAMPAGNE REP S WHITI WINE. draught tiger peer and FRESH FRUIT JUICES >23.50*** PER CHILD WITH FREE-FLOW OF SOFT PRINTS PAOLO PING'S PASSIONATILY ITALIAN TASHFOUY CHINfSE POVAI CROWNt PtAZA SINGAPORE I 25 scons roap. Singapore mm M
      49 words
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      Page 15 Advertisements Column 4
      143 15 Lunch 12 noon 2.30 pm $23.00 (Adult) $16.50* (Child under 12) (Not sppkteaMa 25 Ok 98 and 1 Jan 99) Dinner 6 pm 10.30 pm $25.00 (Adult) $17.50* (Child under 12) (Not appiicabJ* 24 Dec and 31 Oec 9t) With our great value Christmas Festive Buffet lunch and dinner, you'll
      143 words
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      Page 15 Advertisements Column 5
      50 15 -H-trfd Th* Any*/* 1998 Fun and games with funny man Moe Alkaff and loads of yuletide favourites! 25 December 11am -2.30pm a. Mandarin Ballroom Adult: $53 nett l»l Child 10 years MS M" and under $32 hi Reservations: 831 -6288 Man&trut LEJ Singapore 333 Orchard Road. Singapore *****7. Tel: *****11
      50 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      770 15 TV&RAPIO »'iiiaur» 111 130 PM TV Innovations. The Forgotten 5-30 Kidz We a Merry H 8.00 Teletubbies. 8.30 Little Bear. v Y«Ml|^^m9 7.00 Holiday: Florence/ Sun- 1 j '^^■^pP**"iS? shine Coast (See Our §Sff Choice). ly 8.00 Earthvisions Special: F National Geographic W V ■T Specials 1998: Kangaroos ?!k sCwNt'
      770 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      154 15 CRYPTIC CROSSWORD -r1 Means of measuring contents DOWN 1 Youth leader Bill had night (6) YESTERDAY'S SOLUTION out sailing (8) 14 Begin suddenly to jump out of i 2 Is rude strangely and hesi- bed tantly with the matter re- 15 Peg, one found in home that's maining (8) the
      154 words
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  • MOTORING
    • Article, Illustration
      Lock icon BMW to keep market share
      526 16  -  While BMW will stay in the black, maintaining profitability of its importers and dealers in region will be a challenge, outgoing Asia chief tells Christopher tan CHRISTOPHER TAN THE future Asian car market favours the mass market, value-for-money products, according to outgoing BMW Asia president
      ARTHUR LEE  -  526 words
    • Article
      New Rover distributor likely
      358 16 Keen contenders inclnde Sime S'pore, QAF Brunei: sources [SINGAPORE] BMW's Rover Group is likely to announce a new distributor for Singapore soon probably within days putting in effect the third major motor franchise change here this year. BT understands the appointment, initially due weeks ago, was
      358 words
    • Article
      The OMV guide
      886 16 Average OMV of cars registered in November, 1996 UOOBMMX CC m EOMVfr) MOOEUMAOE OC AiM WIMOD A1461.6 1808 *****7 HYUNDAI ACCJW L M 1,486 ***** MBATTSA HYUNDAI BLAN COUPE M 1566 ***** AUX A4 IB A 1,781 26.906 HYUNDAI &ANGLS A 1899 16,739 3gg ***** HYUNDAI R.B>N
      886 words
    • Article
      Felix Herrnberger takes over
      181 16 [SINGAPORE] Felix Herrnberger, a 26-year veteran with BMW, will take over from Kay Segler as BMW Asia president from Jan 1,1999. "He will lead BMW's regional headquarters for South-east Asia into the next millennium," a company statement read. Mr Herrnberger's previous roles at BMW include head
      181 words
    • Article, Illustration
      The big and the beautiful
      770 16  -  Demand for Merc S-class changes landscape on motor trade scene All reports by Christopher Tan [SINGAPORE] The response to the pre-launch promotion of the Mercedes-Benz S-class which starts from $300,000 to over $400,000 is the first firm indication of a new landscape emerging in the
      770 words
    • BUMPER to BUMPER
      • Article
        Distributors' marketing expenditure up
        91 16 CUSTOMS DUTY on cars may have been reduced by 10 points, but the majority of distributors should be seeing an increase in uplift (a valuation format based on marketing expenditure in relation to vehicle sales). Uplift is a component built into a car's open market value
        91 words
      • Article
        SBS re-tender for bus tracking system
        69 16 SBS' satellite-based bus tracking system known as SBS Ontime is still on track but won't be on time. The company will be holding a new tender for the $100 million system after terminating a letter of intent to an Alcatel consortium for the pilot
        69 words
      • Article
        Exciting new cars at LA Anto Show
        98 16 DAIMLERCHRYSLER is expected to unveil a new product at the Los Angeles Auto Show. The event, from t Dec 29 to Jan 10, will be a showcase for a number of other exciting cars. These Include the Ford Cosworth Focus, a high-performance two-door
        98 words
      • Article
        A device to beat police cameras
        112 16 PHOTOGRAPHIC flash guns mounted on moving cars can outwit police cameras designed to catch motorists speeding or jumping red lights, a Reuter report quoting Jf New Scientist magazine said recently. Alwyn Morris, a photographer from Chesterfield in central has patented the device, which the
        112 words
      • Article, Illustration
        These are from Harley-Davidson?
        66 16  -  Onmpitad by Christopher Tan HARLEY-DAVLDSON is usually associated with glamour bikes with attitude. The two-wheelers from Milwaukee are a much sought after status symbol. So imagine our surprise when we spotted a fleet of Harley-Davidson courtesy buggies at a Scandinavian airport Looking like they had seen
        66 words
    • Article, Illustration
      For the super-rich
      77 16 [SINGAPORE] This is BMW's latest—an L 7 limousine with division. Like the L 7, it's targeted at the super-rich in Asia and the Middle East and will soon be sold in Taiwan. The retractable privacy panel is made ofsafety-glass. A feature more commonly seen at Rolls-Royce, it's
      77 words
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  • COMPANIES & MARKETS
    • Article
      Flextech in chip test card repair venture with US firm
      310 17  -  By. Annette Pau [SINGAPORE] Mainboardlisted Flextech Holdings has formed a joint venture with US chip services company LTX Corp to repair semiconductor test cards used in the latter's test equipment in Asia. Its 80 per cent owned subsidiary Spire Technologies
      310 words
    • Article
      Lock icon Auric Pacific to buy EAC's S'pore marketing services unit
      253 17 Bloomberg [COPENHAGEN] The East Asiatic Co Ltd A/S, a Danish food company known as EAC, said it will sell its Singapore marketing services business to Auric Pacific Group Ltd for up to 50 million kroner (5513.1 million). Auric Pacific agreed to
      Bloomberg  -  253 words
    • Article
      BATS or Rothmans? Timing counts as well
      652 17  -  HOCK LOCK SIEW Wong Wei Kong TOBACCO stocks traditionally have a small but loyal band of followers. Even so, for some minority shareholders of Brit-ish-American Tobacco Company (Singapore), its shock decision recently to shut its manufacturing plant here and retrench over 300 employees
      652 words
    • Article
      WBL profit plunges 84% as businesses weaken
      465 17  -  Turnover drops 28% on lower sales in trading and distribution division By, Jennifer Lien [SINGAPORE] WBL Corp yesterday said its net profit for the year ended Sept 30 plunged 83.8 per cent to $4.56 million, as sales and profits in all main business
      465 words
    • Article
      Turmoil takes heavy toll on Wearnes' profit
      292 17  -  By Eugene Low International suffered a 76 per cent drop, in Item $14 million to $3.3 milliod for the year ended Sept 30. Turnover of the Sesdaqlisted group was $240 million 44 per cent off the previous year's $426.8 million. Wearnes International a
      292 words
    • Article
      Lock icon S'pore bank provisions to peak this year: analysts
      518 17 Fall in bad debt provisions in '99 seen boosting bottom lines Reuters [SINGAPORE] Singapore banks are likely to make most of their provisions for bad'or doubtful debt this year, spelling an earnings uptick for 1999, analysts said yesterday. "We believe that the
      Reuters  -  518 words
    • Article
      Lock icon Lion in talks to sell Megasteel stake
      153 17 Reuters [KUALA LUMPUR] Malaysia's diversified Lion Corp Bhd said yesterday that it was negotiating with government investment firm Khazanah Holdings Bhd and others to sell a stake in steel firm Megasteel Sdn Bhd. Lion owns a 50 per cent plus one share stake
      Reuters  -  153 words
    • COMPANIES
      • Article
        Picking shares left behind by rally? Tread with care
        785 18  -  List dominated by small, thinly-tradod remtpa niftn, mostly with poor ranhs By Louis Beckerling (SINGAPORE] Bottom-trawl-ers in search of shares left behind by the sharp rise in the market over the past three months should proceed with care. Dominating the list
        785 words
      • Article
        Lock icon Salim to sell conlrol of Indofood for US$570m
        532 18 Nissxn, First Padfic to set iip venture to buy 60% stake Bloomberg [JAKARTA] Salim Group, Indonesia's largest business empire until the downfall of former president Suharto, agreed yesterday to sell control of the country's biggest noodle-maker for US$57O million (*****.2 million) in
        Bloomberg  -  532 words
      • Article
        Liang Court unit gets BHQ status
        115 18 [SINGAPORE] Liang Court Holdings Mid that .«> a- a j M Iv-WWIuMTj, UN* Court Hospitality (Siiv Pte Ltf (LCRSX tea bem awarded the Bos lues* Headquarters (BHQ) status by the Ministry of Trade and -r ilWBSuy. i The award which was supported mainly by
        115 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Dublin-listed fund buys 23% of Sing Tao
        303 19 It pays USslsm and has option to bny another 10% from Sally Aw Bloomberg {HONGKONG] China Enterprise Development Fund Ltd, whose investors include Korea Long-Term Credit Bank and an arm of Asian Development Bank, paid US$l5 million (5524.7 million) for a 23 per
        Bloomberg  -  303 words
      • Article, Illustration
        Lock icon Former Yaohan chief pleads guilty to hiding losses
        217 19 Bridge News [SHIZUOKA, Japan] A former president of failed supermarket operator Yaohan Japan Corp yesterday pleaded guilty to charges of directing the company to falsify its financial statements and pay illegal dividends to shareholders, according to a Kyodo news service report. Terumasa
        Bridge News  -  217 words
      • Article
        Lock icon Nikko Securities to merge 2 asset management units
        145 19 Bloomberg [TOKYO] Nikko Securities Co, Japan's third-biggest brokerage, will merge its two asset management units into a 10 trillion yen (*****.6 billion) asset manager by AprU, the brokerage said yesterday. Nikko, one-quarter owned by US-based Citigroup Inc, wants to boost profits from
        Bloomberg  -  145 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Deutsche to spin off 40b marks industrial assets
        438 20 Units will be grouped under new company; will include stakes in DaimlerChrysler, Alli>ti7 Munich Re FT Reuters Bloomberg [FRANKFURT] Deutsche Bank is breaking with decades of post-war tradition in German Finance by spinning off its vast industrial assets, worth 40 billion Deutschemarks
        FT; Reuters; Bloomberg  -  438 words
      • Article
        Lock icon Nippon Life may lead Asian shift to the euro
        323 20 FT [TOKYO] Nippon Life of Japan, the world's largest life assurer with 40 trillion yen (Sss7o billion) of assets, said on Tuesday it was considering raising substantially the proportion of its overseas investments denominated in euros, the European single currency due
        FT  -  323 words
      • Article
        Lock icon Citigroup to cut 10,400 jobs to boost profits
        373 20 ItH take USs9oom charge in Q4; about 35% of the job cats will be in the US Bloomberg [NEW YORK] Citigroup Inc said it will cut 10,400 jobs, or 6 per cent of its staff, as the world's largest financial services company
        Bloomberg  -  373 words
      • Article
        Four Thai finance firm officials face cheating rap
        522 20  -  Documents faked to claim 210 m baht aid, says central bank From Harish Mehta in Bangkok IN a widening crackdown against errant finance companies, the Bank of Thailand (BOT) yesterday pressed criminal charges against four executives of a finance and securities company
        522 words
      • Article
        Lock icon Canada to allow foreign bank branches
        349 20 Reform comes after Toronto says no to merger plans by Kan Ira Reuters [TORONTO] Canadian Finance Minister Paul Martin slammed the door on the merger plans of his country's biggest banks on Monday, but he said he would open it to foreign banks that
        Reuters  -  349 words
      • Article
        Futures hold well despite fall
        202 21  -  mihkm Reports MSCI Singapore Index Bob Butcher Jardine Fleming THE MSCI Singapore Index futures yesterday gave back a little of the previous day's gains but overaU continued to hold well. The lead month December contract opened at it's high for the day at 213.00. The
        202 words
      • Article
        Futures end sharply lower
        177 21  -  MSCI Taiwan fatares Perry Gilbert Refco Singapore THE Simex MSCI Taiwan Stock Index futures moved sharply lower in the last hour of trading driven down by negative earnings revision in two leading Taiwan blue chips. Acer Inc and United Microelectronics Corp both announced revised earnings forecasts
        177 words
      • Article
        Lock icon Crude up 7% as UN inspectors leave Iraq
        386 21 ENERGY REPORT Bloomberg (LONDON] Crude oil jumped 7 per cent, the largest gain in three months, on concern that US-led air strikes in the oU-rich Middle East could be imminent after the United Nations began to withdraw officials from Iraq. Iraq, which
        Bloomberg  -  386 words
      • Article
        Lock icon CURRENCY REPORT
        318 21 Bloomberg New York THE US dollar fell against the yen yesterday for the sixth day in seven as concern deepened that the US House of Representatives may impeach President Bill Clinton. "It looks like the House will send the impeachment issue to the Senate for a trial and
        Bloomberg  -  318 words
      • Article, Illustration
        Untitled
        1222 21 DVTERBAXK CROSS RATES Dec 16 AS C$ ECU Ffr Om M r« M2SN8 to Nw S$ tmt Sir MT$ MM P—4 W$ Australia 0.961 4.171 0.525 3.459 1.031 4.131 ********** 0.721 7.537 2469 1191 3J.S124.4tt 1029 3.7(0 0.133 20.I09 224*0 0469 0424 Canada 1.041 5447 0447 3401 1074 5.029 *****
        1,222 words
      • Article
        Untitled
        1786 21 SICOM FUTURES Dec 16 11 I I 1 RUSKS (Mm ctosiaf m at UPpa) «BS1 CONTRACTS cMtsA«] Ck>M Votoae OpM Month Hl|fc Lot Sett (to—h) IwUftst J«»» ***** 00 Frttt ***** 1175 1*99 109.25 100.75 108.50 650 1475 Apr/Jufl99 113.00 2250 J*/5ep99 57JO Oct/OK 99 ***** 75 RSS 3 CONTRACT
        1,786 words
    • Article, Illustration
      Lock icon HONGKONG
      1279 22 AFP QHangSeng 43.45 HONGKONG share prices fell 0.1 per cent yesterday in featureless trade despite an overnight rally on Wall Street, dealers said. "With such low turnover, everybody is in a holiday mood with the Christmas holidays coming. Nobody wants to take a position," said Lino Delgado, associate director
      AFP  -  1,279 words
    • Article, Illustration
      Lock icon CHINA
      535 22 AFP Reuters n Shenzhen B Index -LOO SHENZHEN'S hard currency B shares ended weaker yesterday as liquidity dried up ahead of year-end holidays, analysts said. The B Share Index lost 1.00 point, or 1.83 per cent, to 53.78 on turnover of HK$ll.l million, compared with HK$5.5 million on Tuesday.
      AFP; Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  535 words
    • Article
      Lock icon TAIPEI
      350 22 AFP Q VP Index -167.3 TAIWAN share prices slumped 2.4 per cent yesterday amid bearish sentiment as companies cut profit forecasts, analysts said. "The fall was quite steep sentiment was depressed after United Microelectronic and Acer cut their profit forecasts," said Capital Securities analyst Calvin Chiang. He added that
      AFP  -  350 words
    • Article
      WORLD STOCK MARKETS
      2243 22 LMDON krivtoMi OK* hw *h 31 Croup 564.000 *1.000 AB Ports 282.000 -6.000 A60ey National 1169.000 24.000 AIM Oomecq 560.000 5.000 AMod2uriCh 841.400 26.000 Amec 177.000 1.600 A Ida Croup 148.000 *1.000 BAT M 515.000 -3.000 BOP* 398.000 *1000 8 ICC 57.400 -5.600 BOC Croup 851.000 2.000
      2,243 words
    • Article
      Lock icon TOKYO
      1568 22 AFP Q Nikkei 225 +85J1 SHARE prices in Tokyo closed 0.6 per cent higher yesterday but with gains eroded in late trading, brokers said. In early trading, share prices benefited from the previous day's rally on Wall Street, brokers said. The day's rebound in Tokyo could also be taken
      AFP  -  1,568 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Bargain hunting helps stem losses
        369 23 AFP P Composite Index -d 8 MALAYSIAN share prices closed 0.1 per cent down but off their lows, with late bargain hunting of second liners offsetting earlier losses on profit taking. "Some bargain hunters started coming in the last few minutes... picking up some second
        AFP  -  369 words
      • Article
        Untitled
        8541 23 v I 1 -i!. Cwiif prsdscti Lj»« Vol My Nat Cap HN> U» film W> w H» Lw P/I w HS, '12 H>t0 300 16.6 121.6 tS .25 101 >07 105 96 H8 9 3 «*MHH 280 9.7 TI2.0 J52 J2S 196 -9 154 205 195 3.9 1358 8 SI
        8,541 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        1950 24 BMM. LOAM i WAMANTS wt Loot Vol Day Lost Ouot* A«« H*h LW Stno C»mpo«y KM ♦Of (000) HI* Low Buyor Mw Prtco -as 3 31*0 A Acor ******1 US$ 13 -0.5 #3 t3.5 123 123 13 95 4.5 3164 Acmo ******4 16.5 -I 106 17 16.5 16.5 17 IS
        1,950 words
      • Article
        Teck Wah wrt: plenty of time to perform
        192 24  -  WARRANT WATCH -By] R Sivanithy PENNY warrants seem to have gone off the boil lately, thanks to four consecutive days of falls. Players in the penny warrant segment it seems are more momentum traders than anything else, so when the run in
        192 words
      • Article
        CLOB INTERNATIONAL
        217 24 H0N0K0M STOCKS Of Of 7998 Laat V<X D*, LMtOuot. OK M* VM MM M Ca» H*fH Law Stno Campawy t* rOOO) Hl» L—r Buyf l««K CV W Sim 400 250 5123 C0U2000)HK 400 8 2.4 2 20.5 7744.7 5124 Cathay Pac 20c HK-720 265 U 74 6 *****.4
        217 words
      • Article
        Lock icon WELLINGTON
        244 24 AFP P5 Wellington +IZM NEW Zealand shares closed yesterday up 0.7 per cent as late profit-taking eroded strong early gains built on a firmer Wall Street, dealers said. The NZSE-40 Index was up 12.89 points to 1,953.22 on solid turnover of NZ$l67 million.— AFP t»c» rwoi ANZ Banking 12.55
        AFP  -  244 words
      • Article, Illustration
        Lock icon BANGKOK
        777 24 AFP PI SET Index -4^5 THAI share prices lost 1.3 per cent yesterday in quiet trading as the market awaited the outcome of an auction of assets worth US$lO billion stripped from 56 closed Thai finance firms, dealers said. The Stock Exchange of Thailand (SET) composite index dropped 4.65
        AFP  -  777 words
      • Article
        Lock icon SEOUL
        399 24 AFP Composite Index -33-89 SOUTH Korean share prices plunged 5.8 per cent yesterday amid heavy profit-taking, following two days of record gains by the volatile market. A Shinyoung Securities dealer said the correction had been waiting to happen. "The market saw sharp losses on massive retail selling," he said.
        AFP  -  399 words
      • Article
        Lock icon SYDNEY
        577 24 AFP flAllOrdiiiariag +14 i AUSTRALIAN shares rose 0 J per cent yesterday on strengthening resource stocks and offshore gains, brokers said. The Australian Stock Exchange's benchmark All Ordinaries Index rose 9.4 points to 2,697.3. The All Resources Index jumped 14.0 points to 936.4 while the All Industrials Index rose
        AFP  -  577 words
      • Article, Illustration
        Lock icon JAKARTA
        694 24 AFP PI Composite Index +1L92 INDONESIAN share prices closed 3 per cent up yesterday on the back of a weaker rupiah with overseas-listed stocks leading the rise, brokers said. An institutional dealer at a Singapore brokerage said the rupiah's fall boosted sentiment on dollar-sensitive shares like fishing firm Daya
        AFP  -  694 words
      • Article
        Lock icon MANILA
        290 24 AFP F1 Manila >72.51 PHILIPPINE share prices closed 4 per cent up yesterday as investors bought heavily into blue-chip stocks, analysts said. The Philippine Stock Exchange Composite Index surged 72.51 points to close at 1,869.24. Turnover hit 672.94 million shares valued at 1.57 billion pesos from Tuesday's 4.97 billion
        AFP  -  290 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6066 25 Transaction date Per lb j Or Or M Wt V! L««» w Day Last Oust* Otv Div YM Nat Cap Avg U» trn» CI1»> «H» rOOO) Lao awyar 8—ar ftr Pft %S Prtca '**1 2' 5 m !5S? t'l"* **5 ~r 70 2 5
      6,066 words
    • Article
      SESDAQ
      1090 25 Laa< Vat Oay Last Owat* Ml n M C« i" H» t— <W> C—PT lata fDBB> H» U» lnw Cw W <— Wd MANUFACTURING 243 30 2049 AS Auto IOC 9X5 -8.5 1763 110 93.5 93 5 94 15 N 7 16 8.8 106.8 98 893 45 2051 A5JHWqj20e
      1,090 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Untitled
        398 26 «*tda wane? Bank DBS WOO 16,149,000 ST Capita* 25c 7.945,000 Keppet Land 50c 6,880,000 Hotel Prop 4,364,000 Keppei Corp 3,915,000 DBS Land 3,891,000 Wing Tai 25c 3,757,000 KeppeiBank 3,320,000 Van der Worst 3,288,000 •TanChonglnt50c 3,273,000 Stocks Keppei Corp 17,497,410 OUB Foreign 15,076,850 OCBC Foreign 13,556,981 City Dev 50c 12,356,766 Keppei
        398 words
      • Article, Illustration
        Wind-down continues despite Dow's sharp rise
        639 26  -  STOCK MARKET COMMENTARY Uncertain HE and Japan cited as factors; foreign investors also wary because of Wall Street's recent volatility By R Sivanithy [SINGAPORE] The local market continued to wind down for the holiday season yesterday, with prices closing lower acrOss-the-board despite a strong
        639 words
      • ON THE GRAPEVINE
        • Article
          Badge of loyalty
          97 26 SOME Malaysians these days are wearing their political sympathies on their sleeves, so to speak. Tycoon Rashid Hussain was seen sporting a badge '1 support Dr Mahathir Mohamad" at the United Malays National Organisation (Umno) meeting on Sunday. Many delegates were also seen with the badge endorsing
          97 words
        • Article
          Better standards
          111 26 A COLLEAGUE received a telephone call yesterday from a rather breathless young caller who raced her way through an introductory speech, allowing little opportunity for him to interrupt She was from Standard Chartered Bank's card division, and she was conducting a customer satisfaction survey. When she finally paused
          111 words
        • Article
          Clipped lips
          132 26 WE at BT get our share of gifts during the Christmas season—almost all of which go to our Christmas charity auction. Many are expensive, while others are amusing or novel But every once in a while, we receive something that leaves us guessing as to how it may
          132 words
        • Article
          Update on Renong rovamp?
          127 26 WE hear Renong Bhd is to meet its bondholders today to give them an update of the group's debt restructuring scheme. In October this year, Renong unveiled a rescue plan in which creditors were asked to convert their debt into 10.5 billion Malaysian ringgit (554.5 billion)
          127 words
      • Article, Illustration
        HOT STOCK
        73 26  -  try Shiv Taneja MMI Holdings closed 10 cents lower yesterday at $1 on'a"'" volume of 1.97 million shares, compared with its 10-day. traded average of 2.2 million. With falling volume, the outlook for the counter is negative, despite the fact that the daily RSI and Stxhastics charts are
        73 words
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      Page 18 Advertisements Column 1
      1374 18 rm WBL CORPORATION LIMITED k (Incorporated in Singapore) ANNOUNCEMENT The unaudited results of the Group and of the Company for the financial year ended 30 September 1998 ore as blows:- i GtOU* COMMIT iw tm- mf $'000 $<000 WOl tooo Turnover 581,316 806,863 (28.1) Investment (loss)/ir>come (563) (657) (14.3) 9,403
      1,374 words
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      Page 19 Advertisements Column 1
      182 19 Around the world in 24 hours. MASTER GEOGRAPHIC. $!ih.• life '•V. Wm v SEEN A WATCH QUITE LIKE THE MECHANICAL mast Eß GEO GRA PH,C pgr BEFORE: IT AUTOMATICALLY SHOWS THE LOCAL TIME AND DATE J' AS WELL AS THE TIME AROUND THE WORLD. 5 v A MASTERPIECE OF SUCH
      182 words
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      1048 20 rm WEARNES INTERNATIONAL (1994) LIMITED (Incorporated in Singapore) ANNOUNCEMENT The unaudited results of the Group and of the Company lor the financial year ended 30 September 1998 are as follows: OtOUP COMPANY 1991 1997 1991 1997 $•000 $*000 $<000 $<000 Turnover 240,043 426,845 (44) 1,441 1,857 Investment income (565) 10.462
      1,048 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      675 26 BUSINESS .A Of (C( d Io advertise call toll-free 1800-741 ISN3J IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF SOUTHRONG SHIPPING (PTE) LTD (In Members' Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies
      675 words
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      Page 26 Advertisements Column 2
      38 26 loum an education institution. The Straits Times Classified is my course to success. F?f CATS. 1800-737-1166 Call Today For Results Tomorrow. The Straits Times CLASSIFIED Where buyers and sellers meet Find the right set of wheels, fffr CATS.
      38 words
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      Page 26 Advertisements Column 3
      14 26 wwKi'assL,,, Use creative recruitment Ads to m tlffi *****81- Bfcenhance your corporate image. aoVwist-^^.
      14 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      297 27 Bridge News Reuters IN the Americas brokers said Aframax rates have definitely eased since late trade on Monday when a surge of activity created a "panic", thus heightening levels to about ws 140 basis 70,000 tonnes to the US Gulf. In the Persian Gulf-Red Sea area brokers said
      Bridge News; Reuters  -  297 words
    • Article
      MARITIME STOCKS
      234 27 flHHMMHMMMI Nc» M V- M CWT DiltHtKjttOO _0.47 -0.01 14 Oman Hup 0.52 *CXTI SI CaacollimrtlMUl .0*49 -0.03 3 rntiMUMn aw -o.oos 700 eeifcwwi o.36s -o.oos 24 Hal tur Hup 0.41 -0.005 211 HttacNZaean 0.69 i*Kt\ 56 IMC HeMbiqt HK 5.4 Jaya Holifcji a51 unch 1* Jurono Shipyard
      234 words
    • Article
      Product tanker trade crippled by Asian slump
      454 27  -  Clarkson study says only bright spot is an expected recovery in the US market By Felix Chan [SINGAPORE] A sharp downturn in Asian demand has put a severe dent in the fortunes of most product tanker operators. Taking the cue from the wider
      454 words
    • Article
      No dramatic upturn in building rates is seen after next year
      697 27  -  NEWBUXLDS By\ David Hughes THE two multi-ship tanker orders in this week's list could be taken to mean that newbuilding prices are now as good as they are going to get as far as owners are concerned. Bacolitsas is
      697 words
    • Article
      Lock icon Caribbean cruise ship hits rocks
      341 27 Reuters [MIAMI] A Caribbean cruise ship hit rocks off the island of St Maarten on Tuesday, ripping holes in its hull and forcing the evacuation of more than 2,500 passengers, a spokeswoman for the ship's owners said. The captain of the 880-foot (268-metre) Monarch of
      Reuters  -  341 words
    • Article, Illustration
      Lock icon Asian imports to LA port swelled by 21% in Nov
      357 27 Port is bracing for a record year; strongUSS cited Bloomberg [LOS ANGELES] Asian imports flooded the port of Los Angeles in November as the United States' second-largest port reported that incoming cargo jumped 21 per cent from the same month
      Bloomberg; FILE PHOTO  -  357 words
    • Article, Illustration
      Lock icon Small firms scurry to meet anti-bug deadline
      591 28 CHINESE EXPORTS TO UNITED STATES Solid wood packing material must now be treated for Asian longhorned beetle Reuters [SHANGHAI] x 0 SOME Chinese firms remain unprepared to meet imminent new export rules aimed at keeping a destructive insect out of the United States,
      Reuters; FRANCIS TAN  -  591 words
    • Article
      Lock icon Korea Heavy rejects offers on plants
      275 28 Bloomberg [SEOUL] Korea Heavy Industries Construction Co has rejected an offer by creditors of Samsung and Hyundai groups that would allow it to acquire their power generation equipment and ship engine businesses. State-owned Korea Heavy, Korea's biggest maker of power generators, said it would
      Bloomberg  -  275 words
    • Article
      SHIPPING SCHEDULES INDEX
      231 28 PACE ECL 5 ACL 6 6 ANL 3 tangStm 8 Accord 8 Ul Ap pen ship 5 G«*«tr«s Austral 8 M» Sun Hup 8 Bala t i Sttpg 4 7 BSA 7 3 B'tang Mas 8 Heung-A 7 CCNI 7 Hyundai 7 CMA 8 »CFS 3 COSCO
      231 words
    • Article
      SHIPPING GUIDE
      17980 35 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vnsd Voyage Telephone ETA ETA Advertiser VttMl Voyage Telephone SIM DesTn M—e NM Hi—Oir Hi—tor SIN Destti Nam* Name Number Number flWWMHK>3CTtSg»!^y^BMBi*3HM*Ma^4*NMM*>B*l)Ba>M*WBj**BBB*a*MB**M>aBl To BUENAVENTURA (BUN) 2059 Colombia To ABIDJAN (ABJ) 2003 Cota D Ivolr* 2«/k 04/03 cians a kota berlian v.brl v.woisb
      17,980 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        665 39 VmmI Voy No B«fth Antral D«p«rtun Jersey Part Aianya J1S jlongsKfc 17.12/1800 MClMii *****6 J01 alongside 18.12/0600 It MtUr *****8 J01 alongsWa 17.12/0800 Bt P» Tttor2 *****8 J01 alongside 17.12/0600 M r*j S*i *****8 J01 alongside 16.12/2200 Bw*er G«lf *****8 J10 alongside 16.12/1400 C Success 15/11 J09 alongside
        665 words
      • Article
        CONTAINER SCHEDULES
        1813 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/B«l«nc( Rstls Ship Voy No Etb/Btr Period From To From tei MM 0039 8/800 W 8/800 B/859 B/800 8 19/1500 8/899 B/BOO 2A IS/1700 16/0659 16/0900 a B/1700 16/0659 16/0900 1 16/0700 16/1159 16/1400 4 16/1200 16/1459 16/1700 «*6tn*wy 004V
        1,813 words
      • Article
        GLOBAL HOLIDAYS
        218 39 Deo 23 Japan: Emperor's Birthday New Year Holiday. Deo 24 Finland: Christmas Eve. Deo 25 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: Christmas Day. France: Christmas Day. Germany: Christmas
        218 words
      • Article
        COCKETT BUNKER MARKET REPORT
        918 39 THIS report compiled by Cockett Marine OU Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Price* shown are baaed on average-sized stem. Market movements are indicated The Cockett Bunker Price Index change and the individual
        918 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        403 39 Carbon WO Ma 990 1 3.9 17.4 O.IS 78 0.0T DkD Density Water HsMm As* —Ml SWM No ebow £25 0 12 10 0 3*0 Aw 987J 0J 8.1 0.07 30 0.02 t™. 380 Mu 993.2 0.8 19.6 O.tl U 0.06 M/tri %W »m/m »M/M mi
        403 words
    • AIR&LAND TRANSPORT NEWS
      • Article, Illustration
        UPS plans major S'pore centre to house all facilities
        441 40  -  The new building is expected to improve efficiency and help in the consolidation By\ Marcus Hand [SINGAPORE] US express delivery giant United Parcel Service (UPS) is planning to build a 200,000-sq foot facility in Singapore that would consolidate its local, regional
        441 words
      • Article
        Lock icon Lax security at many airports: Jane's
        280 40 AFP [LONDON] Air passengers are still at risk from lax airport security in a number of countries, 10 years after a terrorist bomb blew up a jet over Lockerbie, the defence group Jane's said on Tuesday. Security measures, including the screening of baggage to
        AFP  -  280 words
      • Article, Illustration
        Lock icon 4,000 fresh jobs at Air France
        51 40 [ORLY] Air France planes stationed at the Orly airport near Paris in a Junefile photo. Air France offered on Tuesday to recruit more than 4,ooopeople over the next three years to compensate for a four-hour reduction of the statutory work week to 35 hours.
        AFP  -  51 words
      • Article
        Lock icon Heathrow's busiest day – tomorrow
        87 40 Heathrow's busiest day tomorrow Reuters [LONDON] British airports operator BAA pic said yesterday the busiest day of the year for its Heathrow airport would be tomorrow, with the most popular destination New York. It said passenger figures for that day at London's Heathrow, the world's busiest international airport, were forecast
        Reuters  -  87 words
      • Article
        Lock icon Delta to shell out US$3l4m to revamp business-class service
        266 40 Bloomberg [ATLANTA] Delta Air Lines Inc, the world's third largest airline, will spend US$3l4 million (*****.7 million) to improve business-class service on long-haul international flights as the airline tries to improve its global operations. Delta will add enhanced seating to the
        Bloomberg  -  266 words
      • Article, Illustration
        Lock icon ANA says it lost 20,000 passengers to Skymark
        426 40 But the airline has no plans to cut fares to match its competitor Bloomberg [TOKYO] All Nippon Airways Co, Asia's second-big-gest airline, lost 20,000 domestic passengers in November to Skymark Airlines Co which started operations in mid-September, said ANA president Kichisaburo Nomura.
        Bloomberg; FILE PHOTO  -  426 words
      • Article
        Lock icon TWA's ad campaign next year to highlight order of new aircraft
        395 40 Reuters [ST LOUIS] Trans World Airlines Inc said on Tuesday it will focus on its recent order of new aircraft in an advertising campaign it hopes will dispel its image as a troubled airline with old planes. The new
        Reuters  -  395 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1718 40 cur mem m fucht no $***** 2359 AMM* 8*7381 1930 6*7382 2050 Wta S0909 TO S0990 OOP 1,30 £52 Gt»»mrto«P«C S0803 1915 C2352 0835 iSmo can aas mm we S0229 ??V> H #l *"741 13)0 V*740 1410 j teM S023 0645 M972 0040 I 1 ia837
        1,718 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      14 27 Chinese exports to United States Small firms appear unprejlared to meet anti-bug deadline.Page 2
      14 words
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      Page 27 Advertisements Column 2
      48 27 B V LG A R I The Chrono watch fAP _x< r I .r ».'V >• I '1 Available in Singapore at Bvlgari. Hilton Hotel 737 1652 Takathimaya Department Store 735 66t9 and: Dickton Watch A Jewellery. The Promenade 732 8900 Centrepoint 734 5522 Suntec City Mall 336 4171
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      Page 27 Advertisements Column 3
      18 27 UPS plans major S'pore facility The plans is meant to house all facilities under one roof. Back Page
      18 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      206 28 YEAR END LOADER TO U.S.A. VESSEL ETA SPORE ETA DESTINATIONS CY CUT-OFF 1) OOCI CALIFORNIA VOY33ESOI 30/12 0900 HRS LGB- 16/1 30/12 0500 HRS LAX -16/1 2) P&O NED DAMIETTA VOY 07EN01 31/12 0001 HRS SEA 17/1 30/12 2000 HRS VCR -19/1 OAK-21/1 3) CAPE CHARLES VOY 67EX52 31/12 0200
      206 words
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      Page 28 Advertisements Column 2
      628 28 Lines services representee ft.. v St§l; Membersrfthe S^gapo^R^JS WmJ+y Accredited Shipping Agents OIU Association xSIV Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETAPKL ETA SIN ETA MALE PrtacessLJly VMM 21/12 22/12 34/12 PrtacwsLUy VMM 12/11/99 13/11 21/11 LILY MARINE SERVICES SINGAPORE Pkoae334 72M/*****44 FkcS347M« SCANCHART AGENCIES SDN BHD
      628 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1175 29 SAX SERVICE (DIRECT) vcsa vor sura uu oak pal hqu oo cot mm* ar wrc AftSAMONYX 0001 23/12 07/01 12/01 12/01 13/01 12/01 13/01 13/01 14/01 14/01 IWTOMMMUg 0228 30/12 14/01 19/01 19/01 20/01 19/01 20/01 20/01 21/01 21/01 AW JAM OOK 06/01 21/01 26/01 20/01 26/01 21/01 27/01 27/01
      1,175 words
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      Page 29 Advertisements Column 2
      1951 29 I (p) HANJIN SHIPPING HANJIN SHIPPING PTIITD hnp//•» Iwp* cm IOOKM6 J2W735 ?37 SAUS 37M774 731 DOCUMENT *****71-274 OPHAIKNI 3?M>241 ?S7 MA* UK: *****55 f/U: 77WH0 QKh *****1J0000N TO NW USA A CANADA USA CANADA* hrvsi/vot MM 5 U*H*U/VOT sa m km pox T~oi is* m dtt T~Si nt \~m
      1,951 words
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      Page 29 Advertisements Column 3
      307 29 KMTC provides LCL consolidation to Korea, Japan Outports China on every WEDNESDAY, FRIDAY. For enquiry, please contact us. Tel: 271 2325 rt—l I M: *****7] JAMN TORTS —.*«-.P*Ui N. 271,7,2/27,*.. M»m«0 ffa) OJ-7J45J42 iSi££!s Q N-r (U)44-MM4M M*4-»MI« SSS' 1*1)1 WH» mff-y/WWWKCOJm (fcH7»23*2 (f«)»MS2Hn MgWUMtMZI I SHREYAS SHIPPING LIMITED. MIJMRAI
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      Page 30 Advertisements Column 1
      1273 30 MR-SENATOR LINES TO UK/CONTINENT TOMEDITERRANEANCANADA wT MM IB> WW urn HAM M< ftX «KL IvOT |wi|Bff|i«|fO»|wj|inw| HMUNKEELUNG WQKI Hit HH Mil (7 H H.tl 11 .11 CHOYMO Mdßa WMHI I|.lf Or M.tl Nil Mr 17.11 PUKM# SENATOR VMM 2212 Htl 11.11 11.H 1211 13.11 14.t1 LONDON KNATOA WMM2 24.12 IMI
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      Page 30 Advertisements Column 2
      941 30 ffMMI Carrtor: MN COUTH LINES, MC p. ouoanq: (ot) *****26 I~IV/\~ I CWNOHIBWIIOWM B®U: (084)*****8 MAMLA: (632) *****24 PENANa-(04) *****38 BANGKOK: (612)*****67 SURABAYA: (31)*****0 P. KELANQ: (03) *****77 JKT (21) *****07 MON: (81) *****3 KUQ6NQ (082) *****1-3 BtN/OOA/PIR/UH 1 SURABAYA MV "VILLI DE SAOnTA" V.9850-4 My KQTA #|RAN| v#RNOa) ETA
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      Page 30 Advertisements Column 3
      666 30 LINE Sr Jt Till SUMS* PAXt *****11 MUARA" 1 LABUAN vKsa m nt m vtssa vor no n* stobimuaia von jn Slum NOK V3X/90 19/12 77/12 STRAITS HOP! V3X/90 19/11 a/1] CABAKA JBB-52V211/9B >4/12 27/12 CtfUMJBB-32 V2IE/W 24/12 »/12 STINTS MOP( VMt/90 29/12 #1/01 STRAITS HOP! V9N/90 29/12 03/01 OUUU
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1250 31 |VESBgL VOY I SIN SIP PKO PEN PQB PUB SHJ IBA I^*l IRAN SATTARI PJLI323 24/12 03/01 02/01 04/01 00/01 IRAN BABAEI PJLI326 01/01 11/01 10/01 12/01 14/01 IRAN TAKHTI PJLI324 08/01 18/01 17/01 10/01 21/01 PQB* Min« Qaboos. DUB Oubel, SHJ Shjrjsh, BA Bandar Abbas, BIK Bandar Imam Khomeini
      1,250 words
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      Page 31 Advertisements Column 2
      1909 31 W##kly to Europe Moin Ports 1 Ivory Monday mmi Saturday I Piroct tq iroioaliawoa ta 10 day J I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/I) ,I,^^™"— COSTAR SHIPPING PTE LTD Al7-08 DBS ILDG SALES/BKGS 4205«57/60 INWARD MPT(D/0) *****85 COSTAR AGENCIES (M) SDN BHD
      1,909 words
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      Page 31 Advertisements Column 3
      683 31 fr-sn EASTERN CAR LINER, LTD. |_EJ Ed (SINGAPORE) PTC LTD 11 SPEOALIZI IN RORO HEAVY UFT UPTO 450 TONS ECL (SINGAPORE) PTE LTD LOAD NG FOR CHITTAGONG/YANGON CHITTAGONG/CALCUTTA MV "ORANGE MOON" V. 108 MV "MAPI£ ARIES" V.2 ETA SJN 19/12/98 EU CTG 28/12/98 ETA SJN 20/12/98 ETA CTG 27/12/98 ETA
      683 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1300 32 EUROPE/UK/SCANOINAVIA/FINLAND/RUSSIA n[unTIWIU [*£1 1 D MBG TW ZIE LHV LHV THP ROM ANW HBG Pitt SGP f- 1!C? 98/01 13/01 M 1 11/#1 IMn e REWARD HE«3I urn 21m 20/11 23/11 24/11 17/12 11/12 I. OCVELOP RW-004 27/12 IS/01 211/01 IMJI IS/01 11/01 20/01 E. REFINE RE-011 24/11 21/11 27/11
      1,300 words
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      Page 32 Advertisements Column 2
      1060 32 ADVANCE CONTAINER LINES (PTE) LTD AP I 140 Cecil Street, #12-00, PH. Building, Singapore *****0 M V TEL: *****21, FAX: *****19. TELEX RS ***** ACLPL CR NO. **********06 OPERATIONS: *****6<V *****05 BANGKOK JAKARTA (WMtly ll|l POT It m» LCH/1 SI, MIT) (3 talllms/WMk) Vtssa 1 VOY SN IKK VESSCI VOY
      1,060 words
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      Page 32 Advertisements Column 3
      596 32 NANTAI LINE FUUY CONTAINERISED SERVKE TO MAURITIUS SOUTH AFRICA VESSEL VOT SW PUI PUR 1 JN» 1 CPT IRQ NAKttl NAGON VOIOS 20/12 21/12 02/01 OS/01 04/01 mrcufmg viats 27/12 10/01 13/01 i4/>i NAXIAIYBM Y.031S 03/01 11/01 IS/01" 11/01 23/11 GOUXB DtAGOR YOO4S 11/01 20/01 24/01 27/01 21/01 mroipwuass vo?ts
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      471 33 MB MYANMA IKBk FIVE STAR LINE (Myonmar National Lint) Loading for Yongon (Rangoon) vissa vor sin m pw pgu smwt i3w at OAWfI 2W 20/12 MALAYSIA AGENTS: BOUSTIAD SHIPPING AGENCIES KUL m (03)*****00 PKL TH (03) *****01 Pl* TU (04) 2(***** PGU: TH (07)*****21/4 BANK LINE (A iorvico of An*tw
      471 words
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      Page 33 Advertisements Column 2
      1609 33 HMNE- I HYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOT I SM I SOU IB! RTM AWT NAM MV HI |VBSB VOT|SOU|UN|RTM|AM|HAM|BRV| B I SM I OANUM 542W 10/12 04/01 09/01 00/01 07/01 HYADMMAL 316( 23/11 20/11 25/11 20/11 17/12 MXPIARI 006W 17/12 02/01 03/01 05/01 00/01 HY WGWBSS 3141 25/11
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      Page 33 Advertisements Column 3
      932 33 Tj. k nonxxyon upeoakzed outocormn (Tj©§(o](S Wilhelmsen Lines TO NORTH AND LATIN AMERICA R O RO HEAYYUFT SERVICE" VESSEL VOT RAMP HEIGHT SIN LAX CRI MU SAV BAL OftF NYC NWf MM tapkxa F9oi 400 t«h 6.3 M IViT IsToT oTToi" WoT WoT ITTST I*75T "HTeT TAMPA F902 4001«h 6.3*
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      859 34 BAMOKOK/ MAP TA PHUT/ LAEM CHABAHOj JAKARTA/PAN JANQ VESSEL VOY SIN BKK MTP LCH VESSEL VOV SIN JKT PJN KITI BHUM B4N In Pt 20/12 18/12 OURU BHUM ***** ~ln Pt 20/12 MATHU BHUM 384N 19/12 23/12 22/12 DEJA BHUM 7783 19/12 23/12 YANTRA BHUM" 271N 20/12 23/12 24/12 ANBO
      859 words
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      Page 34 Advertisements Column 2
      552 34 INDONESIA NATIONAL LINE w ml mtTI au i ou» hwm I wuwi 1 urmtr wssti ii/n ts/w \%/n I own n/n TO AUSTRALIA FULL COWTMNER SERVICE vx Iwrlwc at m ctp ml wt mi fjjT wiwwi tn i;/n n/n p/n oi/oi oyoi «?/oi n/>i mU6AI US M/H H/H Ot/»l M/ll
      552 words
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      Page 34 Advertisements Column 3
      958 34 [VESSELS I VOY ISN I PKL MLA LEH RTHH HAM BQT ~1 Vl-LE DE TAURUS A2SW 24/12 06/01 12C1 13*01 14AM 16*01 17/01 VXE D* AQUARIUS U2BW 28f12 3QTI2 11/01 18/01 19/01 20/01 22/01 23/01 VIXE OE ANTARES L2BW 06/01 06/01 16/01 2&PI 26*01 ZM>l 28/01 »Oi VKJ-EDEVWOO S29W 13/01
      958 words
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      Page 34 Advertisements Column 4
      15 34 CONVENTIONAL/BREAKBULK SERVICE LOAM MO FOB COLOMBO/CALCUTTA 88.h.88 LOADIMO KM BOMBAY/DUBAI 17.11N IfIIPINI FOB CNITTAOOMO 24.11.t8
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      49 35 DIRBjCT SERVICE I TO INDONESIA jP™! fi PT. Pelayaran Meratus HUALf Check It Out Pa B e6 On Page 13 —A m New Service To I Shanghai diri^serW/ to Calcutta ipi Wan Hai Lfes shippm I f i JF r| Page 5 Page 12 (Mon/Wed/Fri) M' m jJI 2
      49 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      49 37 STE^kDial 740-6000 OR Q€fTl3nd —(Retrieve more schedules!) Press "V ~-jE\ Select the port and key in the four digit code —eg: To New York (NYC) 2275 Key in your fax number your phone number ««>*.%«• Another innovative service offered by The document Will be SHIPPING TIMES S jL}^t d I°JSL
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      147 38 ■nH 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 Destinations Cargo Volume: Special Requirements: ADVERTISERrPRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product or
      147 words
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      125 39 10S f IOOE LEGEND: R Thunderstorm Temperature c X\ V Shower Weother Wind direction with speed in knots ee Ram W Cloudy Sky Wov# h *'9 ht Serfoce wind* we indicoted by arrow* fly with the wind ufl circle represents calm oHight and vonoble wmds I > One hoH fleche
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