The Business Times, 21 December 1998

Total Pages: 40
1 40 The Business Times
  • 14 1 MITA (P) 046/12/98 85c THE BUSINESS TIMES SINGAPORE Internet: httpy/tiugififiss^tfnes.asial.com.sg/ MONDAY, DECEMBER 21, 1998
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  • 55 1 STOCK MAMCBT DOHCBS Week Chuff STL 1,*****. -Ml S OtSCI KCTURES._.21&.76. +5.46 BTS8I 0OU4 1.M KLSEOOMP .566.41 +1153 NKKEI 14,***** -J11J6 HANG SENG. 1I,2».23...+?74J3 SET INDEX. .341.91 -18.38 JAKARTA COMP 408.96.. .1.64 MANILA COMP 1^8l*.„+M.75 TAIPEI WPI 6,478.11 -461.63 SEOUL COMP. m8t_.. .-30J2 (ISA CHINA B. B4.41_.-I9.0I AU8T
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  • 81 1 FOBEX KATES uss ss US$ 1.648 I (USVSS per I) L682 1771 DM 1.659 0.993 yen 115.0 i.«r RM um 0.454 HKS 7.74C 0113 BAHT Hi8 0046 RUPiAH 7.751 0.021* •si to 100 unite ram bates SINGAPORE* (11 KUALA LUMPUR HJ0 JAKAHEA .28.00 BANGKOK 14.75 MAMLA n» HONGKONG 10.25
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  • 554 1  -  Sticky prime rate, softening demand seen deterring business investments By. Audrey Tan [SINGAPORE] Real interest rates in Singapore are now hovering at their highest levels since the last recession, despite the downward trend in nominal rates. Economists expect the 12year high in real
    Source: GK Goh  -  554 words
  • 583 1  -  Profits dive by US$300m to US$l.3b last year By i Chuang Peck Ming [SINGAPORE] The Asian financial crisis which started in July last year has hit American investments in the region, with income from investments falling in every Asian country
    583 words
  • 1380 1  -  A plea bargain with the Senate now looks the only way out From Leon Hadar in Washington PRESIDENT Bill Clinton was impeached by the US House of Representatives on Saturday, but the conventional wisdom now is that the Senate will settle for a plea bargain after a
    AFP  -  1,380 words
  • 400 1 AFP, Reuters [SINGAPORE] Asian currencies are expected to chalk up gains against the US dollar this week, although the outlook for stocks is less certain following the vote in the US House of Representatives to impeach President Clinton, some analysts said.
    AFP,; Reuters  -  400 words
  • Page 1 Advertisements
    • 178 1 DHBPB Occapucy rite Most high-end hotels saw stable or just a marginal drop in occupancy this year, but this came at the expense of an aggressive price war, Pf 2 mmmm Teehncprnem Oi tail re Technology chairman Sim Wong Hoo, Singapore's best-known technopreneur, heads a private-sector committee that will gather
      178 words
    • 53 1 You neve r actually own a Patek Philippe. You merely look after it *3^ PATEK PHILIPPE GENEVE Begin your own tradition. ir 4T Roy Eastern Watch #01-86/88 #01-74 Lucky Plaza 304 Orchard Road Singapore *****3. Tel: (65) 734 3139 (65) 734 1935 #01-18/20 Centrepoint 176 Orchard Road Singapore *****3. Tel:
      53 words
    • 18 1 US, Britain call off air strikes on Iraq, Pg 6 S'pore stock prices seen staying firm, Pg 24
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  • SINGAPORE AT HOME & ABROAD
    • 549 2  -  But numbers achieved at expense of lower rates amid fierce price war By i Carol Eng MOST high-end hotels saw stable or just a marginal drop in occupancy this year, but this came at the expense of lower rates as a
      549 words
    • 434 2  -  Mid-market boutique to consolidate its S'pore operations By. Rahita Elias MID-MARKET boutique M)phosis, which recently opened two more stores, will be consolidating its operations at home next year, but expanding its presence overseas. Managing director Hensley Teh told BT in an interview recently that
      SIEW YAW HOONG  -  434 words
    • 344 2  -  EYE ON THE ECONOMY Commerce By< Ang Wan May THE retail sales index fell again this October on poorer car and apparel sales, marking more than a year of consecutive monthly declines since September last year. Overall, total sales fell 10.7 per cent year-on-year to
      Source: Dept of Statistics  -  344 words
    • 279 2  -  By' Toh Han Shih SINGAPORE Cable Vision (SCV), in its bid to boost its still small subscription base, will focus on education for kids next year, SCV programming vice-president Sandie Lee said. "In 1999, SCV's big push will be education,
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    • 337 2  -  Potential sites include Philippines, HE, Shenzhen By Rahita Elias HOOTERS Restaurant, known for its hearty food and bodacious babes, plans to set up another three outlets in the region by the year 2000 through its Singapore-based master franchise Owling Enterprises.
      FILE PHOTO  -  337 words
  • Page 2 Advertisements
    • 203 2 ,-mT7= T V THE CONCORDE'S PLUS PLUS PACKAGE ik»i C BK rJi F 3>eg3 RMIBB nett (S$ 8 5 Deluxe Room Breakfast) As of 1 October 1998, when the hotel Alam or Concorde Inn KLIA, or at industry goes for nett-pricing, the our Airport Reservation Counter Concorde will be offering
      203 words
    • 78 2 fYT$a THE WORLD S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Since 1975 om worldwide staff of over 27S multi disciplined professionals including lawyers, chartered accountants, chartered > secretaries and bankers have provided TJjP confidential and cost effective cormianv formation in all the rraior lr>v. t.n> arc is Incorporation fees
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  • ASIA'S ECONOMIC SLUMP
    • 229 3 AFP [SEOUL] The latest move by Moody's Investors Service to upgrade South Korea's sovereign credit ratings will greatly help the country's efforts to attract foreign funds to rebuild its economy, analysts said yesterday. The New York-based ratings agency said on Saturday it would
      AFP  -  229 words
    • 359 3 Govt makes second revision in 2.5 months, for year to next March AFP (TOKYOJ Japan's government yesterday slashed its forecast for economic growth for the year to next March to minus 2.2 per cent from minus 1.8 per cent as the country
      AFP  -  359 words
    • 507 3 Poor response a reminder of hard work ahead in Asia Reuters [HONGKONG] Thailand's failed auction of finance company assets should remind Asia that the hard slog of reform is only just beginning, and a tough road lies ahead despite persistent optimism on financial markets,
      Reuters  -  507 words
  • Page 3 Advertisements
    • 157 3 ZENITH Swiss watchmakers since 1865 LIFE IS IN THE MOVEMENT Fly-Back RAINBOW FLY-BACK: Case and bracelet in steel. Equipped with the legendary ZENITH EL PRIMERO movement, the only automatic chronograph movement to beat at 36 000 elt/hour. Chronograph functions coordinated by a column wheel. The FLY-BACK N function allows to
      157 words
    • 113 3 Stay in touch with your business associates with International Teleconference (audioconferencing). UmiH With savings of 15% on all International the power to overcome the barriers of time and distance. Stay in ■n*l Teleconference calls, it doesn't matter how many touch with your business associates especially during the holidays. business associates
      113 words
    • 11 3 Goldman to buy a third of unsold Thai loans, Pg 4
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  • REGION
    • 618 4 BEIJING Concerns over recent forex controls, curb on investment in telecoms sector LATWP THE Chinese government is making life more difficult for foreign businesses trying to operate here, bringing Western enthusiasm about China's market to one of its lowest points
      LATWP  -  618 words
    • 244 4 BEIJING AFP FOREIGN direct investment (FDI) in China for 1998 is likely to match last year's figure of U5545.28 billion (5574.6 billion), official media reported yesterday. "Affected by the Asian financial crisis, foreign direct investment from Asian countries and regions has
      AFP  -  244 words
    • 44 4 [BANGKOK] A dancer performing "The Story ofMahajanaka "on the pitch of Rajamangala National Stadium yesterday during the closing ceremony of the 13th Asian Games in Bangkok. The Games were brought to a close following two weeks of competition. AFP
      AFP  -  44 words
    • 322 4 JAKARTA Reuters AFP INDONESIAN President B J Habibie said he did not plan to meet his disgraced predecessor, Suharto, to discuss the troubled nation's future, local media reported yesterday. After meeting Mr Suharto on Saturday, Muslim leader Abdurrahman Wahid said he
      Reuters; AFP  -  322 words
    • 351 4 KUALA LUMPUR Decision believed to be to avoid conflict of interest allegations THE executive chairman of financial services group Rashid Hussain Bhd, Abdul Rashid Hussain, has resigned as director of the Malaysian government's investment arm Khazanah National Bhd and as head of its executive committee,
      351 words
    • 391 4 TAIPEI Approval needed for sums above US$ 5Om, to reduce risk AFP Reuters TAIWAN is acting to restrict outbound investment in what officials said was aimed at reducing overseas investment risk during the regional economic crisis, reports said yesterday. Companies listed on both the Taiwan
      AFP; Reuters  -  391 words
    • 356 4 BANGKOK It will pay 21% face value, totalling 23.6b baht, for the loans Bloomberg GOLDMAN Sachs Group Inc, in conjunction with General Electric Capital Corp, has agreed to pay 23.6 biUion baht (Sll.l billion) for about a third of
      Bloomberg  -  356 words
    • 223 4 NEW DELHI Reuters THE Indian government plans to issue bonds worth 160 billion rupees (555.9 billion) to clear debts of the state electricity boards, Power Minister P R Kumaramanglam said on Friday. Up to March 1998, the state electricity boards owed 160 biUion rupees
      Reuters  -  223 words
    • 450 4 KUALA LUMPUR Present capacity more than enough due to business slowdown, say some Reuters MALAYSIA is stimulating infrastructure development in an effort to cushion the impact of its first recession in 13 years, but some analysts fear the move may only worsen existing
      Reuters  -  450 words
    • 215 4 KUALA LUMPUR AFP MALAYSIAN opposition leader Lim Kit Siang called yesterday for the release of a police report into the black eye and other bruises sustained by ousted deputy prime minister Anwar Ibrahim in police custody. "Today is the full third month of
      AFP  -  215 words
    • 453 5 TOKYO Deal expected to help ruling party pass laws to revitalise Japan's economy Reuters JAPAN has finalised an unlikely coalition between the ruling Liberal Democratic Party (LDP) and former archrival Liberal Party that will include a cabinet reshuffle, senior politicians said yesterday. Prime
      Reuters  -  453 words
    • 195 5 ISLAMABAD Reuters PAKISTAN'S finance minister has said that a nine-month-old debt crisis is over, and pledged that the country's meagre reserves would treble in coming months. Ishaq Dar said on Saturday night in Lahore the country would service loans from the International
      Reuters  -  195 words
    • 33 5 [ABINO, Japan] A boy yesterday wandering through drying gourds in a field in Abino in central Japan. Gourds are used in Japan as containers/or 'sake' or rice wine. REUTERS
      REUTERS  -  33 words
    • 387 5 TOKYO Investors fear debt glut with finance ministry cutting back on buying Bloomberg JAPAN will sell a record 71.13 trillion yen (Ssl trillion) in government bonds in the year ending March 31, 2000, up 23 per cent from a
      Bloomberg  -  387 words
    • 514 5 SEOUL They won't be allowed to control banks: watchdog AFP SOUTH Korea's financial watchdog chief yesterday pledged a strict ban on intervention by powerful conglomerates in bank management through stock acquisition. "Any attempt by conglomerates to control banks will be thoroughly precluded,"
      AFP  -  514 words

  • Page 5 Advertisements
    • 47 5 Sing Net makes the impossible possible I for everyone during these hard times. I t k'I.J lil'ilM.kliirHrilii'.'il.i. I For enquiries or to sign up, call 838 3899 (personal/business dial-ups) or 532 0930 (corporate services). SINGMMfc I Visit our Web site at WWW.SIIIgnet.COIII.Sg for more information. whcre jfs
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  • TWIN CRISES: IRAQ & IMPEACHMENT
    • 232 6 Bloomberg [BAGHDAD] Iraq says oil exports have not been disrupted by a 70-hour US-led air assault on military installations throughout the country which concluded last night. "We never surrendered, we slept at the ministry all four days," said Abbas al-Ali, Iraq's oil
      Bloomberg  -  232 words
    • 500 6 But defiant Iraqi govt vows to bar return of UN arms inspectors LAT- WP Reuters AFP [BAGHDAD] After one last fiery crescendo in the skies over Baghdad, US President Bill Clinton ended the air campaign against Iraq on Saturday saying: "I'm
      LAT- WP; Reuters; AFP  -  500 words
    • 61 6 [BREMEN, Germany] Members ofa German peace movement group dressed as Santa Clous carrying posters reading "No bombs on Iraq" and "Clinton and Blair—Make love not war" to demand the end of British and US military air-strikes against Iraq in Bremen on Saturday. The protesters spoiled
      REUTERS  -  61 words
    • 353 6 Clinton's other achievements will be overshadowed LAT-WP [WASHINGTON] Bill Clinton has long mused in private about the legacy his presidency will leave: Would he be remembered like Theodore Roosevelt, who led America confidently into a new century. or John Kennedy, who instilled
      LAT-WP  -  353 words
    • 209 6 Reuters [WASHINGTON] Republicans in the House of Representatives tapped a little known lawmaker from Illinois as their choice for Speaker, the third-highest political office in US government, after Bob Livingston's shocking decision to quit Congress over a sex scandal. At an emergency meeting convened
      Reuters  -  209 words
  • Page 6 Advertisements
    • 1086 6 APOUjO GNTGRPRISCS LTD (Incorporated in the Republic of Singapore) IMPORTANT NOTICE TO HOLDERS OF WARRANTS 1999 OF APOLLO ENTERPRISES LIMITED (the "Company") THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR STOCKBROKER, BANK
      1,086 words

  • THE WORLD
    • 389 7 MOUNTAIN VIEW, California Higher book-to-bill ratio of 0.84; leading edge manufacturers set to gain Bloomberg THE US semiconductor equipment book-to-bill ratio, which measures demand for US-made tools used to make computer chips, rose to 0.84 in November as orders climbed for a
      Bloomberg  -  389 words
    • 430 7 LONDON Setting of euro's value seen to lead to unwinding of £9b Bloomberg THE British pound could start the year with a terrible hangover. Analysts say its troubles will start just after noon on New Year's Eve, when European Union central bankers
      Bloomberg  -  430 words
    • 413 7 NEWDELHI Premier Primakov on two-day visit; ties with Moscow said to have endured N-test Reuters INDIA and Russia will this week seek to deepen strategic ties into the next century with the arrival yesterday of Russian Prime Minister Yevgeny Primakov in New Delhi. Indian
      Reuters; AFP  -  413 words
    • 196 7 WASHINGTON AFP TIME magazine named US President Bill Clinton and his nemesis, independent counsel Kenneth Starr, as its men of the year in its edition out this week. The cover shows a determined looking Mr Clinton casting a shadow over a bespectacled
      AFP  -  196 words
  • Page 7 Advertisements
    • 71 7 We Wish Ml Our Diners A Merry Christmas 4 J Prosperous ft ew year! IV Christina* Eve Menu yl &f& p ,v jui V. .H* 0,«» d Sdlo,. on sor6B Vv ChoicotoMM'"'"""" 1 V .Ro.•t»^o^^y°,™*Tw,C™>^'" S UC, Gri«.i MWV. *1 De*»»rt 1 II w bm»~ •o" aow aat 11 flew
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    • 90 7 Thine Ckristrms 2>iew International Buffet Menu |^H Assorted Cold Cuts Ricotta Baked Mussel, Roast Turkey with Traditional Sauce Chicken in Mulligatawany Sauce Roast Leg of Lamb Fusili with Chicken Tempura Prawns many more 'f- 'V 1 24, 25, 31 December 1998 01 January 1999 Lunch $15,80" or Dinner @$22,80 j
      90 words

  • BUSINESS IT
    • 795 8  -  IT executives give their suggestions on new moves to increase their tribe By. Kenneth James [SINGAPORE] Here's some early feedback for the Sim Committee: create a climate conducive to risk-taking and train the technopreneurs, but don't forget to educate the money-men too. The proposals come
      KENNETH JAMES  -  795 words
    • 347 8 Washington Post [WASHINGTON] Trying to thwart music piracy over the Internet, record industry executives last week announced plans to create a technology that would provide labels and artists with greater copyright control over music on the World Wide Web. The
      Washington Post  -  347 words
    • 319 8  -  By 1 Toh Han Shih [SINGAPORE] Despite the regional crisis, Lotus Development Corporation is hiring about 120 people in Asia-Pa-cific next year, including 75 in Singapore, its chief executive officer Jeff Papows told BusinesslT during a recent visit to Singapore. Lotus, a major
      319 words
    • 551 10  -  National IT Award winner is aiming to be present in 100 cities in 5 years uy. Kenneth James [SINGAPORE] It was IDS Solutions, a winner at the recent National IT Awards. Now it's CalendarONE, with a heavyweight board of directors and beefed-up management
      FILE PHOTO  -  551 words
    • 449 10  -  By\ Kenneth James [SINGAPORE] It's not quite paradise yet for American John Hwang and Singaporean James Tan, but it's pretty close. And now the two principals of newly-formed Paradise Innovations (Asia) say they are looking to invest in local IT startups who share
      449 words
    • 478 10 The Asian crisis has come in between efforts to comply at many banks Bridge News [HONGKONG] With a year to go before what some see as a potential doomsday for global computer systems, Asian-Pa-cific banks are inconsistent in their efforts to
      Bridge News  -  478 words
    • 197 10 Reuters [BOMBAY] India's Satyam Infoway Ltd last week said it had formed an alliance with the Indian arm of United States computer chip giant Intel Corp. Satyam Infoway, a subsidiary of software firm Satyam Computer Services Ltd, is India's first private
      Reuters  -  197 words
    • 322 10  -  By Raju Chellam [SINGAPORE] US-based Data Junction Corp last week unveiled a set of data conversion tools that can access and modify huge quantities of information sitting in disparate formats in corporate computer systems. The company said its soft ware can read 66 file
      322 words
    • IT TAKES
      • 64 10 DATADIRECT, a division of US software Ann lntersolv, will open its Asia-Pacific headquarters in Singapore in May next year. Data Direct senior vice-president Edward Peters told BusinesslT that Asia-Pacific revenue for the company this year would be about US$lO million (5516.4 Z million)
        64 words
      • 60 10 HOMEGROWN Ipacs Computer Services has secured alO million renminbi (Ssl.9 million) hotel contract in China. Z Its subsidiary, JX Ipacs Shanghai, will install six computer systems in the newly-built SuzhouYueHai Hotel. The 9.8 million renminbi deal involves systems for Z building automation, fire security, security TV
        60 words
      • 62 10 US supply chain management company Logistix has Z acquired the media software services division of Kao (Singapore) Pte Ltd as part of its plan for a global network of operations centres. The acquisition also marks Z Logistix's entry into the Asian market. The former
        62 words
      • 75 10 3COM Corporation has announced a programme to help I small and medium enterprises (SMEs) around the world avert the Y2K bug. 3Com's programme includes call centres worldwide to offer free advice to SMEs. 3Com's Asia-Pacific call centre may be accessed toll-free from Singapore at 800-6161-463.3C0m
        75 words
      • 29 10 CISCO Systems has appointed Iqbal Marican as its South Asia channels manager. Before joining Cisco, Mr Marican was operations director of Compaq Corporation's services division.
        29 words
      • 57 10  -  Compiled by Toh Hab Shih COMPAQ Computer Asia has appointed Expanded Media Asia as its new interactive media agency. Expanded Media Asia will be responsible for the development maintenance, design and production of Compaq's Asia-Pacific Web sites, online marketing, partner extranets, and intranet and translating
        57 words
    • 621 11  -  Company tried to serve too many markets and too many customers in the past, CEO says By, Jennifer Lien [SINGAPORE] Focusing on simpler chips that power such everyday products as vending machines, gas meters, and remote controls that's what loss-making Zilog Inc has
      621 words
    • 912 11  -  Enterpriseusom by Jeff Papows Perseus Books, 1908 Reviewed by' Toh Han Shih IN his book Enterprise.com, Jeff Papows argues that heavy investment in IT is a major factor in USA's recent economic resurgence. While Asia is in financial
      SIEW YAW HOONG  -  912 words
    • 228 12  -  By\ RaJu Chellam [SINGAPORE] HewlettPackard Singapore last week launched its HP 9000 V 2500 high-end Unix server which it said provides more than twice the performance of current competitive offerings. The server is targeted at mission-critical applications such as electronic and mechanical design analysis,
      228 words
    • ON THE SHELF
      • 130 12 LOCAL firm Win Soft is marketing a fax router that uses technology developed at Singapore's Kent Ridge Digital Labs (KRDL). The Win Soft Inteligent Fax Router (IFR), which the company says is the most powerful of its kind in the world, uses intelligent image
        130 words
      • 82 12 SYMANTEC Corp has brought out version 4.0 of its Norton Crash Guard software for crash protection on the PC. The new version adds several enhancements to ensure that data is not lost when a PC crashes, freezes or hangs. The software also protects documents
        82 words
      • 49 12 EPSON Singapore has announced the availability of a new ultra-bright multimedia LCD projector that it says is suitable for presentations to a large audience in a normally-lit auditorium. The 6.2kg Epson EMP-5300 delivers SVGA resolution at 1200 ANSI lumens. List price is $12,999, including GST.
        49 words
      • 81 12 QUANTUM Corp's Fireball Plus KA hard disk drive, announced last week, incorporates new Data Protection System (DPS) software which assesses the state of the drive in the event of PC failure. This latest drive also includes Quantum's award-winning Shock Protection System, Quantum says. Fireball Plus
        81 words
      • 90 12  -  -OonpOsdkf Kenneth James DEVELOPERS favouring Microsoft Corp's flavour of Java can download the latest Java Virtual Machine (JVM) for Microsoft Windows from www.microeoft.com/java/. An update to the JVM shipped with the Internet Explorer 4 browser is also available. Both versions include support for the Java Native
        90 words
    • 605 12  -  This card organiser synchronises with Windows CE palmtop devices By\ Kenneth James REMEMBER Dharma's dogs? In the TV comedy Dharma and Greg, the offbeat female lead's pet dog has its own pet dog. Now the Franklin Rex Pro PC-Card organiser is adding to
      SIEW YAW HOONG  -  605 words
    • 402 12 Bloomberg [ARMONK, New York] International Business Machines Corp, the world's largest computer maker, last week unveiled free software that will make most electronic-mail systems more secure and three times faster. Secure Mailer is intended as a replacement for Sendmail, software created about 20
      Bloomberg  -  402 words
    • 780 12 By 2002, online sales in the US are predicted to hit USs4o.6b Cox News Service [ATLANTA] This holiday season, it's not the crowds at the mall, it's the crowds in front of the computer that shoppers must contend with. The Web has emerged
      Cox News Service; FILE PHOTO  -  780 words
    • 366 12 Bloomberg [IRVINE, California] Sony Corp and Western Digital Corp said they'll work together to develop a new hard disk drive that can store movies and music for use by home computers, televisions and other devices. Sony, the No 2 consumer electronics
      Bloomberg  -  366 words
  • Page 8 Advertisements
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      726 words
    • 161 8 Ltd Inches Of Pure Colour, Every inch a winner NEC Plasma Sync" Monitors A belter view from any angle. a* No matter where you sit, the plasma A picture is clear Capsulated Color Filter Technology Capsulated Color Filter (CCF) means that I AH red, green blue (RGB) colour filters are
      161 words

  • Page 9 Advertisements
    • 101 9 **o£P9IHE I NEW MILLENNIUM \A, IVII I M 1 celebrates the sunrise of 1 January SOOQ with a valuable I series of prepaid Collectors SIM Cards. It is a humble gesture in the vastness and timelessness of space but an important one. For it places on record, and reaffirms what
      101 words

  • Page 10 Advertisements
    • 150 10 Christmas. At Le Meridien -////(the this Christmas a time of bonding oiu t a celebratory dinner. Christmas Carolling, Dee 22 27. Atrium l.obltw 7. ~>o <V.(M Festive Goodies I'lace-your orders at (air Ceorge.s. Dec I 31 Christinas' Eve Buffet Dinner j)er adult inclusive of novelties CT lix<e entertain men! 7.00/
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    • 77 10 COOMA, LAU LOH ADVOCATES SOLICITORS COMMISSIONERS FOR OATHS NOTARIES PUBLIC wish to announce that with effect from 28 December 1998 our new office premises will be at: 65 CHULIA STREET #43-08 OCBC CENTRE (WEST WING) SINGAPORE *****3 Our telephone, DID and fax numbers remain unchanged: TELEPHONE 535 1822 FAX NUMBERS
      77 words
    • 27 10 M=l=l=U 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. <S> Another Classified Service
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  • Page 11 Advertisements
    • 98 11 action AjND SOUND Ip^l Rations v U ofe^o's 6 1 I Let your pictures do f JT the talking. Make an Wh ether it s special instructions impressive presentation ©Must a reminder, you can use with moving pictures LI the MPEG Movie D 'g' tal Mavica and sound. to record
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  • Page 12 Advertisements
    • 33 12 *i^nnaaamzmEßQi*zm Solomon IV SolomonlV A i' Designed to increase efficiency while keeping costs low. Register now for our FREE Solutions Seminars! Visit www.solomon.com.se To know more about our award-winning products or our FREE
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  • EXECUTIVE LIFESTYLE
    • 559 13  -  BBC has launched blitz to recoup losses from tax evaders, says jbff daeschmeh JEFF DAESCHNER Reuters POR many British families, watching James Bond on TV at Christmas is as much of a Yuletide tradition as turkey, pudding and presents. But as
      Reuters; FILE PHOTO  -  559 words
    • 553 14  -  Discipline and creativity were paired delightfully in The Nutcracker, says chuasoopong CHUA SOO PONG The Nutcracker, Singapore Dance Theatre's Christmas banquet at the Kallang Theatre last week, was a fitting finale to its 10th anniversary celebrations and a respectful tribute to the memory
      GEORGE GASCON/ST  -  553 words
    • 529 14  -  CHRISTMAS Christmas industry is source of many jobs to the 'real' home of Santa Clans Ny i Elina Talvitie Reuters [ROVANIEMI, Finland] Santa Claus will not disclose what Queen Elizabeth or US President Bill Clinton will find in their Christmas stockings this year.
      Reuters; FILE PHOTO  -  529 words
  • Page 13 Advertisements
    • 576 13 Where to wine, dine and entertain... "~s £I><j<x Riitonatt Cara»o Gr«nfcow« C»fc by thr Pod International Buffet Dinner C3/Mr~*\s/max CDoy $21 ?1 child H.OOnoon to 5.00pm >*Sk 3t OC&cv Xy«»srv" Cc/« ii,V Bfcteraat* Carve 6 -Co"r«e Set Dinner I $42.00 p«r person Seafood Barbecue*Bi*ffet Dinner $40.00* adult $28.OO*" child 24
      576 words
    • 150 13 -Harfc' 'Thfr -H^ra/ds 'Ballramn Dancing at The Neptune on I3K. Christmas Da y with exciting festive seafood offerings iucky draw prizes! Date: 25 Dec 1998, Bpm Pricing: $40 nett per person (with dinner) $18 nett per person (one standard drink only) Reservations: 224 3922 Mn dt Cc+rOur, jsj 7A float,
      150 words
  • Page 13 Miscellaneous
    • 1096 13 CRYPTIC CROSSWORD ACROSS i j p "™~I I 5 g j 1 Lady unaffected by a revers8 Does one go round firing it? 9 Remarkably happy in east- H 11 Had sitting room for about 500 who had been drugged 13 Going from bad to worse (9) fg 15 How
      1,096 words

  • Page 14 Advertisements

  • COMAPNIES & MARKETS
    • 425 15 Counter surges 7% to $4.30, or 27 times expected profit; analysts say it has hit profit potential Bloomberg [SINGAPORE] Nat Steel Electronics Ltd, the world's sixthlargest contract manufacturer of electronics products, is expected to stay busy in the quiet first quarter
      Bloomberg; FILE PHOTO; Source: Bloomberg  -  425 words
    • 148 15 Bernama [KUALA LUMPUR] Diversified Resources Bhd (DRB), a member of DRB-Hicom Group, has incurred a group pre-tax loss of 73 million Malaysian ringgit (5531.7 million) for the six months to Sept 30, against a profit of RM190.61 million in the corresponding period last
      Bernama  -  148 words
    • 808 15  -  HAJfO SENG INSIGHT With its China branches, DBS knows the mainland market better By Quak Hiang Whai v .1 ,4_ *V >1 AN insecure golfer only sees the bunkers and not tile gr£en No, this dldtf't come from
      808 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 450 16 Chairman says new rules and laws may be needed to achieve bourse's aims Bernama [KUALA LUMPUR] The Kuala Lumpur Stock Exchange (KLSE) will strive to address the compelling concerns for greater transparency in the stock market, promote informed investing and develop the bourse as
        Bernama  -  450 words
      • 292 16 Parties evaluating price proposed, says Perwira Affin's CEO Bernama [KUALA LUMPUR] Perwira Affin Bank Bhd has confirmed it is in negotiations to absorb BSN Commercial Bank (M) Bhd, saying they are now evaluating the price proposed. Merger talks, which were given the
        Bernama  -  292 words
      • 65 16 [NEW DELHI] Hiroshi Haruta, president ofJapan's Citizen Watch Co, holding up his company's products during a news conference in New Delhi on Saturday. The company has set up a plant in India which can assemble 20,000 watches a day and started selling watches in India last
        REUTERS  -  65 words
      • 199 16 Bridge News IHT [HONGKONG] The Stock Exchange of Hong Kong (SEHK) and Nasdaq in the US will see 50 companies conduct a dual listing on the two exchanges by mid-1999, local newspapers reported on Saturday. Nasdaq president John Wall said 25 of
        Bridge News; IHT  -  199 words
      • 297 16 Bloomberg [AMSTERDAM] Royal Philips Electronics NV, Europe's largest consumer-electronics maker, said last Friday it will give 3.3 billion Netherlands guilders (552.9 billion) to shareholders and still have cash in hand for buybacks or acquisitions. If shareholders approve the plan, they will receive 92 shares
        Bloomberg  -  297 words
      • 392 16 It's trying to recover from the loss of govt contracts in Asia Bloomberg [GENEVA] SGS Holding SA, a customs inspector for 140 countries, will cut 3,500 jobs and shed its insurance and healthcare units as it tries to rebound from the loss of
        Bloomberg  -  392 words
      • 208 16 NYT [NEW YORK] For years, institutional investors were the ones that ventured abroad. Now, a study by Citibank, the banking unit of Citigroup, shows individuals hold the majority of foreign stocks. The study, released last week, found that individuals, either directly or
        NYT  -  208 words
      • 545 16 Critics: Clearer vision needed in fast changing economy Reuters [PALO ALTO, California] Business at Hewlett-Packard Co is not quite business as usual these days, according to several computer industry insiders who see the world's second largest computing company struggling with a serious identity crisis.
        Reuters; FILE PHOTO  -  545 words
      • 274 16 Reuters [MOSCOW] Germany's Ruhrgas won a tender on Saturday for a 2.5 per cent stake in Russia's Gazprom, the world's largest natural gas company, with a bid of US$66O million (Ssl.l billion). Russia's Federal Property Fund immediately followed the announcement of the result of the
        Reuters  -  274 words
    • FINANCE & COMMODITIES
      • 444 17 Asiartj Russian turmoil blamed for fall from USs2.6b in Q2 to USs6l4m Reuters [WASHINGTON] Trading revenues at US banks fell sharply to US$6l4 million (Ssl billion) in the third quarter from US$2.6 billion in the second quarter, reflecting unsettled environments in Asia and Eastern
        Reuters  -  444 words
      • 566 17 Move comes as euro's advent brings greater competition Bloomberg [FRANKFURT] German banks and insurers, facing more competition under a European common currency and the loss of tax breaks, are shuffling shareholdings to provide the increased clarity international investors demand. Deutsche Bank AG, the largest bank,
        Bloomberg; FILE PHOTO  -  566 words
      • 177 17 AFP [TOKYO] Daiwa Securities Co Ltd and Sumitomo Bank Ltd have reached a final agreement on a new securities joint venture to be set up next year. The institutions said on Friday the firm, which will have capital of 300 billion yen (554.3 billion), will deal
        AFP  -  177 words
      • 278 17 Reuters [BANGKOK] Thailand said last Friday it was studying a proposal to float retail sugar prices for the first time in 17 years after angry complaints from cane planters that the current fixed price system works to their disadvantage. Virat Tandaechanurak, secretary-general of
        Reuters  -  278 words
      • 167 17 Reuters [LONDON) British investment bank Robert Flemings yesterday issued a flat denial of a UK newspaper report that it had been involved in takeover talks with Germany's Commerzbank. "There have been no talks, no bid and there are no negotiations," said one of the
        Reuters  -  167 words
      • 453 17 Move could boost new currency as forex reserve: Tsang SCMP (HONGKONG) Financial Secretary Donald Tsang and Hong Kong Monetary Authority chief Joseph Yam have asked European central banks to find ways to trade the euro and allow settlements in euro dealings during Hongkong trading
        SCMP  -  453 words
      • Article, Illustration
        1830 17 PRIME LENDING RATES BANKS ABU Amro Bank NV 6V« ABSA Bank limited 7 Agricultural bank Of China iVt ANZ Banking Group 7 Allied Irish Bank PIC 6 American Express Bank 7 Arab Banking Corp 7V« Arab Bank PIC 5v* Asahi Bank Ltd 7 Ban Hin Lee Bank Bhd 7 Banc
        1,830 words
    • COMMODITIES & FUTURES
      • 517 18  -  SIMRX Weeklyßoundup Hiroko Komiya [SINGAPORE] The forex market is set for the usual yearend doldrums as liquidity dries up with the Japanese market closed for the emperor's birthday on Wednesday and Europe and the Americas celebrate Christmas. Most accounts have been closed for the year
        Source: Simex  -  517 words
      • 814 18 COMMODITY Weeklyßoundup AFP [LONDON] Oil prices, hit like most other commodities by oversupply and underdemand, showed the depth of the slump last week by failing to react significantly to the US-British attacks on oil-rich Iraq. The bombardments failed to
        AFP; Source: Bloomberg  -  814 words
    • 1813 18 S1C0M FUTURES RUBBER (futures doting u «t 5.30pm> RSS1 CONTRACTU cwtj/kg) CIom Volume Opto Month Hjgft Low Sett (tonnes) Interest :J«I.99 104.75 ISO f»99 105.75 H75 >i* 99 106.25 108.25 106.00 200 1275 Apr/Jun 99 112.50 2250 JW/5ep99 117.00 Oct/Dec 99 120.50 75 RSS 3 CONTRACT (US mfe/kg)
      1,813 words
    • 4431 19 Nat Mm CPS Lum Chang Sep 10 F 9 5)2 19.617 2 44 5.04 0«t< TV LY TV LY Lung Kee Nov 30 I 23 792 50 657 11.9 25.3 Company ann ($m) ($m) (etf) lets) MMi Hldgs S*p 21 P 15.767 7.821 7.12 4.59 MHC
      4,431 words
    • MARKET REVIEWS
      • 289 20 HONGKONG AFP HONGKONG shares are expected to see-saw in a close range this week depending on overseas news after gaining 2.7 per cent in the week to Friday, dealers said. "I think the market will continue to seesaw depending on the outcome
        AFP  -  289 words
      • 873 20 Sydney +19.3 THE Australian stock market will focus on developments in Iraq and the impeachment hearing against US President Bill Clinton in the coming week with little domestic data to distract attention, brokers said. "Developments in the US regarding the bombing of Iraq and the impeachment process
        873 words
      • 544 20 NEW YORK US investors concerned over weakness in Japan and Asia's slump Bloomberg NEITHER bombs over Baghdad nor a US president battling for his political life distracted investors for long last week from a string of earnings news by some of the
        Bloomberg; AFP  -  544 words
      • 353 20 LONDON AFP THE London market followed Wall Street higher again last week and was aided further by continued expectations of lower interest rates in Britain after a raft of economic data. The FT-SE 100 Index of leading shares rose by 200.1 points,
        AFP  -  353 words
      • 367 20 TOKO AFP TOKYO shares are expected to be vulnerable to Wall Street's performance in the coming week amid impeachment proceedings against US President Bill Clinton, brokers said. "Since there will be no major local trading incentives, Tokyo shares will be
        AFP  -  367 words
      • 1883 20 r,! Paris -181 WEAKNESS in oil stocks and index heavyweight France Telecom dragged Paris stocks in hesitant pre-Euro trade on Friday, traders said. The CAC-40 ended down 59.28 points at 3,691.89, down 3.81 points on the week. C 3 Frankfort -***** FRANKFURT made some headway last week
        1,883 words
    • KUALA LUMPUR STOCK MARKET
      • 458 21 AFP n Composite Index +1&53 THE Malaysian stock market is likely to maintain its upward trend in the week ahead after rising 3.1 per cent in the week to Friday but trading will remain range-bound, analysts said. "Sentiment will be upbeat especially in banking stocks,"
        AFP  -  458 words
      • 9181 21 INDUSTRIALS Consumer products 1998 Last Vol Week Net Cap Htq» Lw CMflt _Wl OOO Hm. Law Pft >«WU 170 A|inomoto 300 6 19 306 300 16.6 121.6 148 35 Arvquasa 96 6 487 110 95 141.6 310 123 Apollo Food Hlg 280 1 80 298 250 9.7 112.0 388 108
        9,181 words
    • WARRANTS & OPTIONS
      • 2667 22 BONDS. LOANS WARRANTS 1998 Lilt Vol »MI Lait Ouott Avg High Low Stno Company Sol* *or- COOO) High Loo Buyor Sollor Prlco 20.5 3 3160 *Acor ******1 USS 13 -0.5 618 M 11.5 12.5 13 95 4.5 3164 AcmaW*****4 16.5 -1.5 808 18 14.5 16 16.5 17 3161 AIIToch ******7
        2,667 words
      • 182 22  -  WARRANT WATCH By\ R Sivanithy FROM bottom to top. the Malaysian market has outperformed almost all other markets here the KLSE Composite Index has risen from its low of 262.7 on Sept 1 to 550.41 on Friday a gain of 110 per cent. Apart from
        182 words
      • 221 22 HONGKONG STOCKS Cr Cr Last V# Wttk Lut Ouott DK N« Y« Nit M Cip HHH Low Stno Company if COOP) Hl» La» Buytf ta—f C'vr W/Z $oK 400 250 5123 COL (2000) MK 400 400 8 24 2 20.5 7744.7 5124 CattiayPac20cHK_720 265 2.1 7A 6 *****
        221 words
    • 6448 23 Cr 6r M Wt HM Last V#4 «w Last Ouota ON Olv YM Ntt Cat Ava H» Urn StNo Company COOP) High Law Buyar Sallar C'*r P/t SmN Prtca MULTMNOUSTRY 142 49.5 m t 1000 Acma 50c 69 5 5 1586 74.5 65 68
      6,448 words
    • 1286 23 Or Cr M Wt '998 List Val Day Last Ouott Dlv Dlv YM Nat Cap Ava SUM Company Sa* COOO> Law 6uyar SaHar Cw P/E SmH Prtc* MANUFACTURING 243 30 a 2049 AS Auto 10c 91 18 7408 110 85 91 92 IS N 7 1.6 8.6 103.9 92
      1,286 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        556 24 Source: JM Sassoon Stacks Volume KepBank DBS *00 88.925.000 ST Capital 25c 35,604.000 Keppel Land 50c 30,109,000 SembCorpI 25c 25,575,000 DBS Land 25,117,000 Keppel Bank 23.337,000 Wing Tai 25c 22.797,000 Hotel Prop 22,388,000 Brilliant 8c 20,718,000 SingTel 15c 20,372,000 Stacks ElecSOc 118,307,130 DBS Foreign 79,044,038 UOB Foreign 66,570,837 Keppel Bank
        Source: JM Sassoon  -  556 words
      • 622 24  -  STOCK MARKET COMMENTARY Straits Times Index unlikely to test 1,500 level this year but may hit milestone early next year R Sivanithy LAST week, this column highlighted the winding-down process that the market should logically undergo before the year-end. This view
        622 words
      • Article, Illustration
        73 24  -  Ven Sreenivasan Electronics component maker Brilliant Manufacturing has hit a plateau after having rallied furiously during the last few days of November Although it is seeing strong volumes, the counter is nevertheless facing strong near-term resistance at around 55 cents and looks likely to continue heading sideways for
        73 words
  • Page 15 Advertisements
    • 163 15 Your Strategy To Success. FINANCIAL TIMES coMwt«j s .iy«KCTS |_*e H---- B|=~-Bfe£:-~ 191 151 T Bf Rußng «Ms to pressures on Microsoft ljk .^SL?= «G3sT:£irl *r rsi? N/ 7 Cftl fJui p FV 3T!;t«xshortfall Africa's first world war IZJ&ssO&i'. Pr%-Q*mnm RUh A«iCe I WfT"TV??ST?? Rl-^- ttjmt- r--t« 10 «SM bonds
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    • 44 15 B V LG A R I The Scuba and Scuba Chrono watch. Automatic movement Available in Singapore at Bvlgari. Hilton Holel 737 1652 Takashimaya Department Store 735 6689 and. Dickson Watch Jewellery, The Promenade 732 8900 Centrepoint 734 5822 Suntec City Mall 336 4171
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    • 26 16 <6 HI It's happening@www.sass-i.com.sg <&ssoon 4 J. M. Sassoon Co. (Pte) Ltd 1 I Raffles Place #44-00 C>UB Centre Singapore *****6 Hotline: 53-43-113 Stockbrokers since 1928
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  • Page 17 Advertisements
    • 70 17 NOTICE OF INTEREST RATE Cho Hung Bank Floating Rate Notes Due 1999 NOTICE IS HEREBY GIVEN that the interest rate covering the interest payment period beginning December 9,1998 and ending on June 9, 1999 has been fixed at 5.*****%. The Interest Amount payable on each 51,000 amounts to $26.79 on
      70 words


  • Page 19 Advertisements
    • 54 19 The best people for a W world-class^^ SCtWlSior chan 9 e yf^ J 1 I Show your true colours! Use creative recruitment Ads to enhance your corporate image. h" i A, s A .4-1 >'<•'! i.* > 'jflBWBBMB"'-' m Ijj §k| O lei uioic jj#uiitdlMiouCicMlvi Aite,m\i I I jl (\w|
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    • 39 19 I I Cairo or Congo. I Sailing schedules to The African Continent. 1 I 24 hours a day in the Shipping Guide I Fax-On-Demand hotline 740 6000. Another innovative service offered by Thkl>isimossTimks I Shipping Times I jS -.v..
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    • 37 22 Also ivxii&blt 2t ail ictitiiog d**al*r* The full use OF TODAY v THE BEST PREPARATION for TOMORROV\^® +j^^***™mm,■.!,,. ,> u~*> 01 BB BBP jH| Wednesdays TheUSs MenslikH> towe«k«iasAaininterestralesrecedesharply w ilwjw* *ZT''«! H IVlOrio\ IV'I (itt^FS 522 TheßusinessTimes SINOArORK
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  • Page 23 Advertisements
    • 120 23 ID T IVT IU A tIVT Ref.No: 2^***** JD JLiiVIN rAI /a—iMi m of timepieces: the Trilogy. 4j£m w m With the GMT, circle the earth with jUSr just a glance at your wrist. ,11 A\Jb A sense of freedom offered by Blancpain's EXCLUSIVELY AVAILABLE AT: SINGAPORE: Cortina Watch Centre
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    • 8 23 Saturdays Personal Finance Investment by Shiv Taneja TheßusinessTimes
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  • Page 24 Advertisements
    • 482 24 BUSINESS To/r.V To advertise call toll-free IXOO-741 1883 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PANASIA PROPERTY PTE LTD (In Members' Voluntary Winding-Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50 ttvat a
      482 words
    • 448 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF STOP N' GO (SINGAPORE) PTE LTD (In Voluntary Liquidation) FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act. Cap. 50 that the Final General Meeting of the members of the abovenamed
      448 words
    • 663 24 COMPUTER LINK PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN THAT A FINAL GENERAL MEETING OF THE COMPANY WILL BE HELD ON THE 22 m DAY OF JANUARY. 1999 AT 10AM AT 10 HOE CHIANG ROAD 18-00 KEPPEL TOWERS SINGAPORE *****5 FOR THE FOLLOWING PURPOSE: AGENDA 1. To
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    • 238 24 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF BESTSTEEL MARKETING PTE LTD (In Voluntary Liquidation) FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act. Cap. 50 that the Final General Meeting of the members of the abovenamed company will be
      238 words
    • 287 24 Tuesdays The Property Column by Lee Han Shih THE BUSIJNfE§§ TIMES wt, ngllll, Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. CATS. Another Classified Service f IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND CHAI Jl PTE LTD Al an
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    • 87 24 Wfip ill IfHy \Ml'f i ni^B|^mHHß^^^^H ?#f V- and we'll help you enhance your company profile Corporate celebration* are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking
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  • Shipping Times
    • 284 25 ♦Contributed by Simpson Spence& Young WHILST there have been a few tanker sales, virtually nothing has been reported sold in the dry bulk sector. There has been an increased in dry bulk tonnage being offered as sales candidates, or being mentioned as future possibilities, but despite this there
      ♦Contributed by Simpson Spence& Young  -  284 words
    • 291 25 sis l-tWfM"'** OecH s$ w CWT Distribution 0.49 *0.02 12 Chuan Hup 0.51 unch 42 Cosco Investment ..0.49 unch 1 Freight LMW 0.10 unch 1041 CBHoMngt 0.365 unch. 20 Hat Sun Hup 0.405 unch. 124 Hitachi ZoMn 0.705 *0.02 187 IMC Holdings HK 5.6 Java Holdings 0.52 *0.01
      291 words
    • 392 25  -  No direct link between service levels and freight rates, says S'pore shippers board By] Marcus Hand [SINGAPORE] The Singapore National Shippers' Council (SNSC) has roundly rejected claims by the TranspacificStabilisation Agreement (TSA) that some shippers had "voiced concern" that service levels
      392 words
    • 212 25 [SINGAPORE] PSA Corp's new Pasir Panjang Terminal (PPT) has handled over 400,000 TEUs (20-ft equivalent units) since it became operational a year ago. The new state-of-the-art terminal has now seen over 2,000 vessel calls since it began operations last October, and lines calling there
      212 words
    • 723 25  -  DOCKYARD I By\ David Hughes THE crucial question for the large shiprepair yards over the next few years is how many VLCCs (very large crude carriers) and ULCCs (ultra large crude carriers) will go through their Fifth Special Surveys
      723 words
    • 233 25 Bridge News [ISMAILIA, Egypt] The Suez Canal Authority will not raise transit fees during 1999, but will continue to offer rebates to remain competitive, Suez Canal authority chairman Admiral Ahmed Aly Sadel said. Mr Sadel said the canal authority will continue to offer
      Bridge News  -  233 words
    • 240 25 AFP [BEIJING] China's shipbuilders are Finding themselves in the doldrums after the Asian financial crisis devalued regional currencies and made their overseas competitors cheaper, official media said yesterday. The Chinese industry lost orders of around 1.8 million deadweight tonnes (dwt) to foreign competitors during
      AFP; FILE PHOTO  -  240 words
    • 164 25 Reuters [PHNOM PENH] A sample of suspected toxic waste imported from Taiwan and dumped near Cambodia's main port has been sent to Hongkong for analysis while authorities try to determine who is responsible for importing the material, officials said. A team from the
      Reuters  -  164 words
    • 1073 26  -  B-COMMERCE AND TRAVEL The process of getting from A to B for business or pleasure is about to be transformed by e-business technology By Paul Kallender in Singapore IT WILL start with an Internet booking. It may well finish with popping a smart card into
      FILE PHOTO  -  1,073 words
    • 357 26 PACE FoongSun 8 ANL 3 Fr <*« 12 Accord 8 Frt links 14 Ahrenkiel 12 c Link 4 Appenship 5 G<1Mf trans 8 Austral 8 Genshgp 12 Avant 14 Glory Nav 14 B'tang Mas 8 8 BSA 7 ***>'' 1 STL 14 H n 3 Balaji Shpg
      357 words
    • 17903 33 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vnul Vcyig* Telephone SIN Dest'n Name Nam# Number NumOer SIN Dest'n Name Name Number Number 04/01 30/01 MOL P i 0 NED SINOAPOR 3108A *5-*****86 To ABIDJAN (ABJ) 2003 Cot* D'I voir* 04/01 01/02 csav noasul
      17,903 words
    • SHIPS IN PORT
      • 633 39 V**** 1 Voy Wo Berth Arrival Departure Andh Wijaya *****8 JIO alongside 22.12/1500 Dooyanggiory 1198 J14 alongside 20.12/2300 Emu Arrow 008 J15 alongside 21.12/0600 Moonvus 9804 J15 alongside 22.12/0600 Sea Honesty Uc82 J23 alongside 20.12/1600 Wed Speeder 004 J08 alongside 20.12/2100 Aiphaharmonl 19 J04 21.12/0800 22.12/1200 AO" Lucky
        633 words
      • 2967 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/Bolanct Rstls Ship VoyNo Etb/Btr P.rlod From To From 1 tajm* S 2 V***** A 2 0/1500 2 0/*59 2 0/1*00 Aci »affl«i 01 U 2 2/***** 2 0/ISM 2 0/*59 2 0/1900 1 12 0/1500 2 0/1*59 2 0/1900
        2,967 words
      • 217 39 Deo 12 Mexico: Virgin of Guadalupe (optional). Deo 23 Japan: Emperor's Birthday New Year Holiday. Deo 24 Finland: Christmas Eve. Deo 28 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:
        217 words
      • 797 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. Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual
        797 words
      • 454 39 C*rtx>n 180 Mi« 990.1 3.9 17.4 0.15 78 0.07 D«H> Density Water Residue Ash Aluminium Sediment No above E25 0 1 2 1 0 0 "ZTru W Ave 987.8 0J 15.1 0.07 30 0.02 Him 380 Mai 993.2 0.8 19.6 0.11 61 0.06 WM %MJM %WH
        454 words
    • AIR&LAND TRANSPORT NEWS
      • 525 40 Cathay crew members given one month to choose among 3 options Reuters, AFP [SYDNEY] Despite some hopeful signs, Asia's airline industry will remain in crisis well into the next decade, forcing fundamental change within the sector, the Centre for Asia
        Reuters,; AFP; FILE PHOTO  -  525 words
      • 368 40 Washington also wants to know more abont group's latest aircraft programmes FT [LONDON] The US is pressing for a voice in the planned restructuring of Europe's Airbus Industrie and is seeking more information about business plans for the consortium's two newest commercial aircraft
        FT  -  368 words
      • 302 40 Reuters [TOKYO] Another Japanese start-up discount airline took to the skies when Hokkaido International Airlines yesterday kicked off service with a flight from Tokyo to Sapporo. The airline, also called Air Do (pronounced "doe") is the second discount airline to start service this
        Reuters; AFP  -  302 words
      • 255 40 Reuters [AMSTERDAM] The Dutch cabinet has begun meetings to tackle the fate of Europe's fourth busiesttiub, Amsterdam's Schiphol airport, amitfenvironmental pressures to curb its growth. "I can hardly imagine a long term decision will be taken. There is insufficient information to
        Reuters  -  255 words
      • 536 40 Bloomberg [WASHINGTON] The US Administration may propose relaxing a law that prohibits foreigners from owning more than 25 per cent of a US airline, Transportation Secretary Rodney Slater said. Increased access to the world's largest aviation market would come as part
        Bloomberg  -  536 words
      • 267 40 Reuters [BRUSSELS] European antitrust chief Karel Van Miert remains opposed to the sale of landing and take-off slots at European Union airports, a close aide said. The issue was crucial in the decision by British Airways and AMR Corp's American
        Reuters  -  267 words
      • 1770 40 CITY FUCHT ETA FU6WT ETD BA7306 1840 S***** 2359 Adtlaldt BA7381 1930 BA7382 2050 W WO OfW 1930 am 2050 FlMa S0989 1730 S0990 0115 Amsterdam S0343 0745 S024 2320 Cuantrtloa PtC CZ353 203S KL838 2335 H l VH741 1310 m42 0,05 1 $0175 1835 S0176
        1,770 words
  • Page 25 Advertisements
    • 23 25 E-cominerce and travel; Online bookings just a start The process of getting from A to B is about to be transformed. Page 2
      23 words
    • 129 25 Asian airlines expected to stay in doldrums Cathay crew members given one month to choose among 3 options. Back Page ■■m. BORDERLESS When the leaders of nations and celebrities traveled to the East. NYK provided the services to help make history Today, too, on a worldwide scale but in the
      129 words

  • Page 26 Advertisements
    • 1095 26 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DffiECT TO LA ~j WEST COAST OF CENTRAL AMERICA (MARGARfTA SERVICE) wt mw hban ua o<i ho# ok wf nocoott vissa ypT gjm aouuiia rromttA wßMywnm ianioobco sauwaoaa ooauntu utssi n/11 m/ii «t/ti 12/01 iiToi
      1,095 words
    • 606 26 Lines services represented w by Member of the Regstry of Singapore Shipetng Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUIK PROJECT CARGO TO dampier/fremantie (MONTHLY SERVICE) MV "ARKTIS GRACE" V.9811 ETA SIN 28/12/98 BOOKINGS CALL MOWKA/M UNO TEL 323 4374 CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETA PKL ETA SIN
      606 words

  • Page 27 Advertisements
    • 1144 27 TO EUROPE FROM EUROPE Vttsa VOY SIN RTM AND HAH »RV SOU FXT LEW YtSStl VOY HTM ANR HAM WV SOU FIT ItH SW DANURE S42W 17/1? 09/01 04/01 07/01 04/01 MAAS 5261 39/11 01/12 04/12 OS/12 21/12 NOl PEARL 006W 17/12 08NT OMIT 05/01 30/12 Aft AIMANDINE 3051 05/12
      1,144 words
    • 1987 27 I HANJIN SHIPPING I HANJIN SHIPPING (S) PTE ITO tap /fwm In** com WOKING *****35 237 SAIfS *****74 231 OOCIWKNT *****71 274 OKWHOK 32*0241 252 MAIN UNf *****55" FAX *****40 tt NO **********0N I |TO NW USA CANADA USA CANADA' Imva/vor mn sm unehau/voy su~l ttw mn r~Si T~oi I
      1,987 words
    • 521 27 FULLY CONTAINIRISID DIDICATID SERVICIS vtssa vot sin kg vot sin hkg kl ifiN pus *55 *9L sin *6 wssa Torß^nTi 2122! JiiLi™ 118 lifiillffi tOWANU ITS 15/12 I7N U/12 20/12 22/12 21/12 25/12 KMTC MON&KOwe jnT W 'WT HTlimusPtlNTfl amlis/l'l 77/]7 KMTC UISAN 017S 11/12 25/12 27/12 21/12 30/12 WML-
      521 words

  • Page 28 Advertisements
    • 1252 28 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA wntl WT la HTM tm NAM Iwv Ifu I vessel Ivor sin 6a s« ros w.c imT USUI 1!" r 17 r ««1 CMOVAUG PWOCNM MWI 1112 (311 Mil Mil MU 17 tl 2122 2 2 11,1 11,1 1,11 13,1 14,1 LOWOOW SENATOR W**B
      1,252 words
    • 949 28 CaiTler MM INC p. cuoang: tot) ILtm l-JVy J cm NO. **********0 C SIBU: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****38 BANGKOK; (862) *****57 SURABAYATOI) *****0 P KELANG: (03) *****77 JKT (21)*****07 MON: (61) *****3 KUOBNG (082) *****1-3 BOMBAY SURABAYA MV "XPRESS NILCIRI" V.173 My KOTA BERAN| ETA SIN:
      949 words
    • 645 28 LINE JS Till MM4M HUb MMIH r r MUARA 1 LABUAN vosa vot no fu rosa vor rrn eta voumwA srau m cum MN-32V111/U 24/12 J7/1J CABAKAMN-32 Vlll/OO 24/12 21/12 srumwt m/w 2»/i2 oi/oi straits hopi vm/n »/u 02/01 CAOAAA MN-37 VOII/W 02/01 05/01 CABAIA MB-72 VOII/W 02/01 ot/01 STIAITSNOPt
      645 words

  • Page 29 Advertisements
    • 1349 29 [VESSEL VOY SIN SIP PKO I PEW PQB I DUB SHJ BA I BIK IRAN SATTARI PJLI323 24/12 03/01 02/01 04/01 I 06/01 IRAN BABAEI PJLI326 01/01 11/01 10/01 12/01 14/01 IRAN TAKHTI PJLI324 08/01 18/01 17/01 19/01 21/01 PQB* Mina Oaboos. OUB Dubai, SHJ Sharjah, BA Bandar Abbas. BIK
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    • 2055 29 Wiikly to Europe Main Portal ivory Monday and Saturday I Dlroct to Broiwowliavoa la 20 day J I SINGAPORE'S GENERAL AGfNTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE COSTAR SHIPPING PTE LTD #17-08 DBSBLDG SALES/BUGS *****57/60 INWARD DOT (D/OJ *****85 COSTAR AGENCIES (M) SDN
      2,055 words
    • 666 29 I EASTERN CAR LINER, LTD. |_EJ Ea (SINGAPORE) PTE LTD 1 SPECIALIZE IN RORO HEAVY UFT UPTO 450 TOMS] ECL (SINGAPORE) PTE UO LOAD NG FOR CHITTAGONG/YANGON MANILA/BATANG AS MV "OSCAR VENTURE" V.32 MV 'TERESA PRESTIGE'' V.2IA ETA SIN 28/12/98 ETA OG 06/01/99 ETA SIN 28/12/98 ETA MNL 03/01/99 ETAVGN
      666 words

  • Page 30 Advertisements
    • 1416 30 EUROPEAJK/SCANDINAVIA/FINLAWO/BU3SIA SGP ROM ANW HBG THP ZEE LHV LHW THP ROM ANW HBG PKL I SGP E DEVELOP RW-004 27/12 15/01 20/01 16/01 18/01 19/01 20/01 E. REFINE RE-018 28/11 28/11 27/11 30/11 01/12 24/12 E. DECENT RW-007 03/01 22/01 27/01 23/01 25/01 28/01 27/01 E REACH RE-021 02/12 06/12
      1,416 words
    • 1038 30 SSSst&H PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, *03-00 PIL Building, Singapore *****0. CR NO 100e*****00E IpgSSfl WW m SW "FM STP MR »W lEI Apt HI HI IS« I lUNGA TtRATAI I «13 22/12 23/12 5/1 4/1 I/I 13/1 H/l »/i LIMA AUSWAIiA Oil 717vT~ 24/12 30
      1,038 words
    • 675 30 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel vor sin puj pub jni err iki NANTAI PRINCE V.026S 27/12 10/01 13/01 14/01 NANTAI VENUS VO3IS 03/01 11/01 ~Ts7oT 18/01 19/01 23/01 GOLDEN WAGON VOO9S 11/01 20/01 24/01 "27/oi~ "a/Ol" NANTAI PKIWCESS VO26S 19/01 02/02 05/02 06/02 NANUI QUEEN
      675 words

  • Page 31 Advertisements
    • 487 31 BSfl a. mm MYANMA pBBk FIVE STAR LINE (MyaMHor National Line) Loading for Yangon (Rangoon) VESSEL VOY SIN PKL KN PGU SJTTWE 83W SU) DAWEI 2W IN PT MALAYSIA AGENTS: lOUSTEAD SHIPPING AGENCIES KUL TR (03)*****00 PKL TU (03)*****01 PEN: HI (04)*****02 PGU: TEL (07) *****21/4 BANK LINE (A itrvic*
      487 words
    • 1688 31 Hi MM?HYUNDAI MERCHANT MARINE CO., LTD. Ivcsa VOY I SM I SOU LEH RTM AMT HAW IRV FB iVESSB VOYI SOU ILW I gTW I AWT HAAA IfV I FB I SM 1 HYFSXRAL 315W 21/12 06/01 07/01 09/01 12/01 MAAS 526( 05/12 04/12 29/11 01/12 22/12 THAMES SS2W 24/12
      1,688 words
    • 1016 31 n. noni«gian ipeadaed aoKxamer, TO NORTH AND LATIN AMERICA "*ORO HEAVYUFT SERVICE" VfSSCI VOY RAMP HEIGHT SIN LAX CKL MUA SAV BAL ORF NYC NEW MOO TAPIOU F9Ol 400 Tons 6.3 M 30/12 24/01 ***** 05/02 07/02 09/02 10/02 11/02 16/02 lt/01 TAMPA F902 400 Tow 6.3 M 14/01 09/02
      1,016 words

  • Page 32 Advertisements
    • 881 32 •AHOKOKyMAP TA PHUT/LA «M CHABANO F JAK ART A/PA NJA NO VESSEL VOV SIN BKK I MTP LOT" VESSEL VOY SIN JKT "pjN GHANA BHUM" 49N In Pt 25/12 VIRA BHUM 242S In Pt 2S/12 24/12 XETHA BHUM 264N 22/12 29/12 28/12 ACX JADE# 363 In Pt 24/12 KOTA RATNA
      881 words
    • 564 32 4 mil* LINE ru I VOT rmm/rpmlrimt I wmw I mnwitp I VHtll 1 M/M 1 1»/»1 I PIT tt/tl TO AUSTRALIA FULL CONTAINER SERVICE Vtt VOTI rtc M<"| FH |M I CTB I MB IMM I Ml IHB lUVJMI l» 24/H It/13 o>/QI W/BI 11/>1 i;/tl cwwawMT i«s n/n
      564 words
    • 951 32 n^naniß I VBMB3 VOY PKL MLA LEH RTM "ham gor I VHl£ D 6 TAURUS A2BW 23/12 2V12 06/01 12A)1 13A)1 iwi is6i VK-LE D*AQUARIUS U2BW 29/12 3QM2 11/D1 1&D1 Ift>ol 2CVOI asoi VMXED6ANTARES 129* O&PI <WOl 18AH 25W 26AM 27/01 VLLE DC VIROQ S29W 12/01 13A)1 2MM 01/02 OS/02
      951 words
    • 17 32 CONVENTIONAL/BREAKBULK SERVICE LOADINO FOR COLOMBO/CALCUTTA 88.18.88 LOADINO FOR DUBAI/BOMBAY M.119S LOADINO FOB CM ITT AOO NO M.IIN
      17 words

  • Page 33 Advertisements
    • 48 33 f E mi^ —(Retrieve more schedules!) Press "1" C Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number STBba Enter your phone number Another innovative service offered by The document Will be SHIPPING TIMES s 3t/SSIS.>SS£1
      48 words


  • Page 35 Advertisements
    • 152 35 r~' mmmm RM FREE Reader Enquiry Service cut out and fax to 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) nj 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
      152 words

  • Page 36 Advertisements
    • 923 36 m SAMUDERA SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 535 6266 Celia/Jesslca/Mel Chan/Jeslynn/Dora/Hanim EQZSZ3B&SQH 7 SLGS/WEEK UJJgQi&BSH 2 SLG/WEEK [vessel voy sin Tjak I vessel ivoy ism [plb CONTI
      923 words
    • 637 36 CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI ACCEPTING BOTH SOC AND COC CONTAINER VESSEL VOYAGE Ett SINGAPORE ETA COIOMM Ett KARAOR mmt mm 20/12/w 2S/12/W xnvn SWAT 004HW 77/1 Vn 01/01/W 04/01 /W SHAtAMAI OOSHW IQ/QI/W IS/DI/W 20/DI/W SWAT OOSHRf 17/01/W 22/01/W 27/01/W SMAIAMAI 004MW 31/01/W OS/02/W 10/02/tl
      637 words
    • 455 36 I m FAR EAST 27/12 KEELUNG/KAOHSIUNG I 27/12 BANGKOK i 27/12 MANILA/CEBU j 27/12 JAKARTA/BELAWAN/SURABAYA 27/12 PORT KELANG/PENANG/E MALAYSIA 29/12 BUSAN 27/12 TOKYO/YOKO/KOBE/NGO/OSA I 24/12 HONGKONG SIN CHINA (*S&±#;§n) 24/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG Tl ANJIN/QING D AO/H Al KOU SIN EUROPE/UK -I 23/12 LON/FLX/LVP/SOU R DM/ANT/LEH/HAM/GOT/OSL also accepting cargo to
      455 words
    • 513 36 CCCG Singapore Soviet Shipping CPL at N. IOOSOMOOOON IAVI Multiline Shipping PL WJJJ a No **********0 C VESSEL VOY SM BOM PNG PKL SEA SUCCESS 1 0012 26/12 06/01 KOTA RUKUN RKNO23 30/12 07/01 18/01 KOTA RATU RTUO3I 05/01 12/01 24/01 VESSEL VOY SIN CALCUTTA Sl* EPONYMA 002 25-26/12 01/01
      513 words

  • Page 37 Advertisements
    • 956 37 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO PRO I UN I *T I SW PPO I HW CM» I ROM HAI I NTL ORE I SAV I NEW TAM I HOU MBUBUBtt n/oi 24/01 os/oi 07/01 n/oi 24/01 oi/n 07/02 ot/oa w/oa 10/oa 13/03 17/03 n/03 26/03 miXLJL&LJim *****
      956 words
    • 1581 37 IKS* otmso I in? n!\ SI OTI offi 1 sou I rtm j ham I jTffljg] |sw»a t tokyq NYK ANDROMEDA 07WA51 24.11 09.01 11.01 12.01 16.01 PONL ROTTERDAM 04EA47 21.11 2111 25.11 2t.1l 1112 21.12 22.12 24.12 2X12 [romeommM oawas; 3112 1601 01 ,<n 23 01 canopus osuu 25.11
      1,581 words

  • Page 38 Advertisements
    • 921 38 ■7bt!K IVESSEL^^VO^^SIJ^^^MA^^SI^^I TIGER ISLAND 669N 22-23/12 26-31/12 05-0&01 I TIGER SEA 668N 25-26*12 30-05/01 06-07/01 I TIGER BAY 670N 28-29/12 02 06,01 10-11/01 1 TIGER PEARL 671N 31-01/01 05-10/01 H-15/02 8 TIGER ISLAND 672N 04 05/01 09-14/01 18-19/01 I TIGER SEA 673N 07 08/01 12-17/01 21-22/01 I IVESSE^^^^VO^^SIJ^^CA^^SI^I DAFA 901
      921 words
    • 693 38 FREIGHT LINKS EXPRESS I*** Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE ALEXANDRIA (ALY) BUENOS AIRES (BUE) CEBU (CEB) ISTANBUL (IST) IZMIR (IZM) LAEM CHABANG (LCB) MALTA (MLA) PASIR GUDANG (PGU) SAN ANTONIO (STN) SANTOS (SSZ) PLKASK CALL OUR TOLL PRII LINK FOR BOOKING! 1800-*****66 Overseas Offices
      693 words
    • 1308 38 OOCL (Singapore) Pte Lid CPS Keouel LMtmk 79 Amm RM4 #21-04 (S) *****4 M 513 #01-128 CR H**********00H Uk 272 7827 For bookmg Qfr W: *****13 Fu 221 3942 Fu: 272 782S Sif OrientOrerseasContainer Line ■■IT 5. (Malaysia) Sdn Bhd (Rag No: *****2-U) ca H PfTAUNG JAYA T«t 03-756 7776
      1,308 words

  • Page 39 Miscellaneous
    • 132 39 LEGEND: R Thunderstorm Temperoture °q V Shower Weather -V Wind direction with speed m knots Roin Cloudy Sky Wove height Surface winds ore indicated by arrows which fly with the wind One fuH circle represents colm or l.ght ond vor.oble winds W One hatf Heche represents 5 knots I— One
      132 words