The Business Times, 7 January 1999
1999-01-07
1
36
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The Business Times
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Title Section14 1999-01-07 1 THE BUSINESS TIMES MITA(P) 04tV 12/98 85c SINGAPORE Internet: http://business-times.asial.com.sg/ THURSDAY, JANUARY 7, 199914 words
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Article67 1999-01-07 1 FOBEXIATES USt 81 on -^\jin £(US|/SS per S) 1.861—_17tt HJEOfUSJ/SSperE) U7I L& W LM 1.007 TW Uli L«1 KM UN 1441 HO _W4I UN BAffT —W.4# 0.S44 HJPIAH 7JK tpi* *atrntMmtu PUKE KATES SINGAPORE* ktl KUALA LUMTOR 11 J§ JAKARTA BANGKOK Affc* iianila mm\ nnnninm fjjg TAIPH— iflK SYDNEY67 words
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Article27 1999-01-07 1 SINGAPORE 2,3 ASIAN SLUMP. ...4 S-E ASIA. .5 CHINA/HK/TAIWAN A ASIA 7 WORLD 49 EDITORIAL 10 TV a LIFESTYLE 12 COMPANIES 13-lfi FINANCE 10 STOCKS 18-2227 words
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494 1999-01-07 1 Catherine Ong - Agreement for stake in Shinawatra unit AIS to be signed tomorrow Byi Catherine Ong [SINGAPORE] In another step towards becoming a regional telecoms player, Singapore Telecommunications Ltd said yesterday it will buy up to 20 per cent of Thailand's494 words
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Article632 1999-01-07 1 Loh Hui Tin - He's said to have set np secret mission to study situation From Loh Hui Tin in Hongkong HONGKONG'S floundering economy is getting the personal attention of Chinese Premier Zhu Rongji, who has ordered action to return the Special Administrative Region to an even keel. The632 words
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472 1999-01-07 1 Corinne Kerk - Home owners take developer to court over alleged shortfall By i Corinne Kerk [SINGAPORE] A dispute between a developer and some home buyers on what constitutes built-in area is set to go to court next week with the outcome likely to set472 words
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622 1999-01-07 1 R Sivanithy - fty R Sivanithy [SINGAPOREJ After a slow start to the New Year. Asian stock markets exploded to life yesterday as foreign funds poured in after Wall Street's confidence-boosting Tuesday rally. Lower interest rates and a stable Tokyo were central themes in several622 words
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Article50 1999-01-07 1 Reuters [NEW YORK] Wall Street stocks soared yesterday, putting the Dow Jones Industrial Average in record terrain for the first time since November. At noon EST, the Dow was up 148.30 points to 9,459.49, which surpassed its Nov 23 record close of 9,374.27. ReutersReuters - 50 words
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Advertisement114 1999-01-07 1 ——ammmmmammm—mmm—mmmm inaum The new merged ÜBS decided to adopt the Swiss Rank Corporation's management structure which emphasises global reporting lines because it wanted to compete effectively with Wall Street investment banks, said a senior ÜBS executive in Singapore, Pg2 ria nun |pU I women _~i i mi i- fl rlz-rqppgia114 words
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Advertisement14 1999-01-07 1 Life or money? I You doffi have to make a choice. Now, you can14 words
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Advertisement113 1999-01-07 1 Is Wall Street a bubble m ISsl market? b r SES trading volume up 65% for 1998, Pg 13 Market reports, Pg 18-22 the new fp*. m§ ovt flic light knot. |1| M Attetifc |J| gjg our new M 11 col lection If P eviction. Come early so you don't113 words
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SINGAPORE AT HOME & ABROAD
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Article, Illustration738 1999-01-07 2 Adoption of global reporting lines helps it to take on US investment banks Reports to/Catherine Ong THE new merged ÜBS decided to adopt the Swiss Bank Corporation's management structure which emphasises global reporting lines because it wanted to compete effectivelySIEW YAW HOONG - 738 words
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Article, Illustration280 1999-01-07 2 ÜBS Brinson Asset Management has made Singapore the regional hub for its asset management business, and last month shifted US$l65 million (*****.6 million) more from Zurich to be managed here, said the firm's executive director Roger Tallboys. The division has combined the asset management280 words
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Article, Illustration367 1999-01-07 2 Mariana Chew - EYE ON TOE ECONOMY Commerce By\ Mariana Chew REVENUE of food and beverage (F&B) outlets continued sliding in October, falling 15.8 per cent year-on-year to $122.6 million, the latest figures from the Singapore Tourism Board show. This brings the sales turnover of cessa- bleSource: STB - 367 words
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353 1999-01-07 2 Carol Eng - By i Carol Eng ECONOMISTS say that a recent Dai-Ichi Kangyo report which projected that the current recession could lead to a net job loss of 200,000 to 350,000 is way too bearish. Net employment refers to the number of jobs created353 words
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Article, Illustration579 1999-01-07 2 David Boey - Staff on shore leave conld spend up to $4m in next few days By: David Boey AMERICAN military forces using port and airbase facilities provided by Singapore injected tens of millions of dollars into the economy last year. Millions more went toSIEW YAW HOONG - 579 words
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549 1999-01-07 3 Conrad Raj - But Nissan makes biggest gains in sales to rank as second most popular car Byi Conrad Raj JAPANESE cars claimed the top four spots in car sales in Singapore last year with Honda, powered by a 30 per cent increase in549 words
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Article582 1999-01-07 3 Ronnie Lim - Indon natural gas supply deal still being finalised By Ronnie Lim THE government tender for the $3 billion Tuas Power (TP) is now expected to close only around mid to late February, a month after the Indonesian natural gas supply deal is due to582 words
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Article, Illustration513 1999-01-07 3 Slow Li Sen - By I Slow Li Sen THEY came by bus, by MRT, by car and by air all senior overseas managers were flown back to hear and be energised by the message from their new boss at OCBC Bank. Some 3,000 OCBC staff tookSIEW YAW HOONG - 513 words
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Article, Illustration44 1999-01-07 3 This model is so new it takes some catching up. In BT's Executive Lifestyle page yesterday, the car shown was not the latest Mercedes-Benz S-Class but the current Wl4O model. The newest S-Class—the W22o—is the one above. We are sorry for the error.44 words
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350 1999-01-07 3 Ronnie Lim - By Ronnie Lim [SINGAPORE] The just-ap-proved British Petroleum acquisition of US oil company Amoco Corp is not expected to have an impact on BP Singapore's oil refining operations, as well as Amoco's stake in a Ssl.l billion aromatics plant here, as these350 words
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Advertisement203 1999-01-07 2 1 IS rWft I vL"* V Ueberseeßank mmmmmmk PRIVATE lANK I N G I h S; I '''wh''UEBERSEEBANK AO -V- %i I '< i V*" IS RE-NAMED r%' J'' i' 1 V 4 vi > v AIG PRIVATE BANK LTD. il> <£ u' j':> '""'At' AIG Private Bank specializes irtasset203 words
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Advertisement1233 1999-01-07 3 U> POKKA POKKA CORPORATION (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of the Company will be held at 39 Quality Road, Singapore *****0 on 25 January 1999 at 3.00 p.m., for the1,233 words
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ASIA'S ECONOMIC SLUMP
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544 1999-01-07 4 Shoeb Kagda - Economic nnmbers in budget seen as being more 'doable' Frotn i Shoeb Kagda in Jakarta ENCOURAGED by the International Monetary Fund's (IMF) cautious endorsement of Indonesia's budget, investors yesterday drove the benchmark Jakarta Stock Index strongly higher. The IMF said in544 words
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Article, Illustration406 1999-01-07 4 Al Labita - From. Al Labita in Manila A CONFLUENCE of positive news yesterday pushed Philippine stocks upwards for the third straight day, firming up the economy's expected rebound this year. The bellwether PSE Composite Index jumped 3.6 per cent to a seven-month highSource: Bloomberg - 406 words
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Article288 1999-01-07 4 State-ran firms to be asked to cat foreign currency borrowings AFP [SEOUL] South Korea's government moved yesterday to rein in the strengthening won amid mounting concerns that a robust currency would hurt the competitive edge of the country's exports. The finance and economy ministryAFP - 288 words
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Article, Illustration547 1999-01-07 4 Low export growth, weak home demand, ailing state firms will hurt economy Reuters (BEIJING] China painted a gloomy picture yesterday of its economic prospects this year and said it would boost the domestic economy through government spending. "The internal and externalReuters; AFP - 547 words
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383 1999-01-07 4 TAIPEI It also plans cuts in tariffs, taxes to boost economy AFP TAIWANESE authorities took another shot yesterday at propping up the sagging economy with a new NT$6O billion (Ss3.l billion) stimulus package aimed at helping small companies. Taiwan's central bank andAFP - 383 words
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Article138 1999-01-07 4 Reuters [TOKYO] A Japanese thinktank has forecast that the country's economy could contract by one per cent and many thousands lose their jobs if low stock prices and a strong yen continue for a year. Japan Research Institute based its forecast on three assumptions thatReuters - 138 words
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253 1999-01-07 4 Bridge News [HONGKONG] Hongkong Financial Secretary Donald Tsang said yesterday the territory will spend US$3O billion (5550.3 billion) on infrastructure development over the next five years to help maintain its competitive edge and ensure economic growth. The US$3O billion will be spent onBridge News - 253 words
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Advertisement103 1999-01-07 4 Tax perks for industrial parks to be phased out, Pg 6 FOR SALE BY TENDER PEOPLE'S PARK COMPLEX Prime ground floor shops and office Sizes range from 323 sq ft to 11,044 sq ft Facing main concourse Leasehold 99 years from 25.3.1968 Suitable for Department Store, Supermarket, Food Court and103 words
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SOUTH-EAST ASIA
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Article, Illustration566 1999-01-07 5 ANWAR'S TRIAL Transcripts of tapes don't match, casting doobt on veracity, he tells court Bernama [KUALA LUMPUR] The High Court here yesterday dismissed the application of former prime minister Anwar Ibrahim's defence counsel to adduce evidence from five tapes purportedly ofBernama; REUTERS - 566 words
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448 1999-01-07 5 KUALA LUMPUR A-G urged to quit after he confirmed police responsible Reuters MALAYSIA'S sacked finance minister Anwar Ibrahim, opposition leaders and rights activists denounced the government yesterday for delays in an inquiry into injuries he suffered in police custody threeReuters - 448 words
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422 1999-01-07 5 BANGKOK Move to attract bidders after failure of huge auction in '98 AFP THAILAND said yesterday it may try to lure bids in a new multi-billion dollar auction of seized loans by limiting the size of lots following the failureAFP - 422 words
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NOTEBook
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80 1999-01-07 5 AFP [JAKARTA] Indonesia's net foreign exchange reserves stood at U554,055 billion (Ss6.B billion) at the end of 1996, a drastic drop from U5514,429 billion a year earlier, the central Bank Indonesia said yesterday. The bank, in a statement, attributed the decrease to foreign debtAFP - 80 words
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Article116 1999-01-07 5 AFP [MANILA] President Joseph Estrada has definitely ruled out the Philippines hosting the world trade exhibition, Expo 2002, his spokesman said yesterday. The Philippines won the right to host the 2002 exhibition last June when Fidel Ramos was still president. Manila beat the rival bidAFP - 116 words
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69 1999-01-07 5 AFX-Asia [JAKARTA] The Indonesian government will abolish credit ceilings on trade financing in a bid to boost non-oil exports, Chamber of Commerce and Industry (Kadin) chairman Aburizal Bakrie said yesterday. Bisnis Indonesia quoted Mr Bakrie as saying that the plan has been confirmedAFX-Asia - 69 words
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228 1999-01-07 5 SURABAYA Reuters THOUSANDS of factory workers rallied in Indonesia's second largest city of Surabaya yesterday to demand higher wages, throwing firecrackers at passing cars, said witnesses. The workers said their salaries should be raised and they should be given a bigger bonus for the HariReuters - 228 words
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Article239 1999-01-07 5 KUALA LUMPUR Bridge News MALAYSIAN Prime Minister Mahathir Mohamad is likely to name his new deputy soon after facing pressure from many quarters to do so to ensure there is political stability in the country, according to Chinese-language newspaper Sin Chew Jit PohBridge News - 239 words
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233 1999-01-07 5 MANILA AFP THE Philippines has Hied a registration statement to float US$75O million (Ssl.2 billion) worth of Yankee bonds, a finance department statement said here yesterday. The bond float will be in two tranches with JP Morgan, Morgan Stanley Dean Witter and WarburgAFP - 233 words
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Advertisement252 1999-01-07 5 Applications are invited for admission to the Nanyang MBA Programme in the academic year 1999-2000 commencing 5 July 1999 for the following specialisations: Accountancy Management of Information Banking and Finance Technology Business Law Management of Technology Hospitality and Tourism Management Marketing International Business Strategic Management gteWhat Makes Us Different Bi-annual252 words
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CHINA-HOHGKONG-TAIWAN
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293 1999-01-07 6 HONGKONG Reuters UNITED States Federal Reserve chairman Alan Greenspan will attend a meeting of central bankers in Hongkong early next week, US and Hongkong officials said yesterday. Hongkong leader Tung Chee-hwa said he would discuss a range of issues with the USReuters - 293 words
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132 1999-01-07 6 BEIJING Reuters CHINA has set up a 6,000strong anti-smuggling police force as part of a life-and-death battle against rampant smuggling, state media said yesterday. Another 4,000 officers would join the force by the end of June, the China Daily said. "The fight againstReuters - 132 words
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472 1999-01-07 6 BEIJING It also lowers import duty on textiles, toys, forestry to try level oat tax system Reuters CHINA yesterday announced it has started to phase out preferential tax treatment to dozens of major economic enclaves for foreign-funded enterprises. Beijing also loweredReuters - 472 words
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Article, Illustration51 1999-01-07 6 [HARBIN, China] Chinese artists chiselling snow to build a statue featuring People's Liberation Army (PLA) soldiersfighting last summer'sfloods in Harbin, capital ofHeilongjiang province, yesterday. Snow sculptures depicting PLA soldiers fighting the worst floods in decades are displayed prominently at the annual ice festival in Harbin.REUTERS - 51 words
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Article, Illustration700 1999-01-07 6 Lu Ning - CHUT A WATCH Bering wont rash to pot Its eggs In the new currency basket By Lu Ning LONG before the euro made its trading debut early this week, the official Chinese press was flUed with comments and analyses on the new single European currency700 words
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211 1999-01-07 6 MACAU Reuters THE Bank of China Group (BOC) said yesterday that recent years of economic contraction and a wave of criminal violence will overshadow Macau's economy in 1999, when the Portuguese-run territory is to be handed back to China. The bank predicted inReuters - 211 words
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292 1999-01-07 6 HONGKONG Airport Authority, HK Telecom, AT? axe more than 1,000 AFP HONGKONG, already battling record-high unemployment, faces another round of mass job sackings as it sinks deeper into recession, companies and reports said yesterday. More than 1,000 workers will join the territory's re-cord-highAFP - 292 words
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291 1999-01-07 6 BEIJING They'll be told which oftheUSs4bdebt Beijing will hononr Bloomberg CREDITORS of the financial arm of Guangdong International Trust Investment Corp (Gitic) will meet liquidators and government officials on Sunday to find out how and when as much as US$4 billion (556.7 billion)Bloomberg - 291 words
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SINOBriefs
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Article75 1999-01-07 6 AFP [HONGKONG] Chinese Premier Zhu Rongji is due to visit the United States in April to promote bilateral trade 1 and investment, a newspaper said yesterday. During his visit, Mr Zhu is also expected to seek possible technology transfers to China, Ming PooAFP - 75 words
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86 1999-01-07 6 AFP [BEIJING] China is to funnel 55 billion yuan (SflLl billion) into domestic railway construction this year, reports said yesterday. The ftinds will be used to set up 1,320 km of new railway lines, 970 km of double tracks and 730 km ofAFP - 86 words
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110 1999-01-07 6 Bloomberg [TAIPEI] Taiwan's central bonk said it will raise the interest rate it pays banks cm certain kinds of reserves, to lower banks' costs and encourage them to cut their lending rates. When banks take deposits from customers, theyplaceacertainportion—the "reserve ratio"—with the central bank.Bloomberg - 110 words
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63 1999-01-07 6 Reuters [TAIPEI] Taiwan's crisis-battered exports and imports are expected to have fallen sharply in December, but a Reuters poll showed that it will still have managed a trade surplus. Six local economists polled forecast Taiwan would post a December trade surplus of US$697 millionReuters - 63 words
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86 1999-01-07 6 AFP [HONGKONG] Hongkong health authorities were monitoring a deadly flu virus sweeping northern China amid fears it could hit the territory next month, a health department spokesman said yesterday. In north eastern China's Harbin city, over 70 per cent of the population hasAFP - 86 words
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Advertisement6 1999-01-07 6 >?knheZaobao m! «"mug" I W l-.SfcfiflSUi6 words
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ASIA
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377 1999-01-07 7 SEOUL LG to raise US$4J2b through sale of assets, stakes in streamlining effort Bloomberg LG Group yesterday agreed to let Hyundai Group run a merged computer chip business, a capitulation that may end months of wrangling about which side willBloomberg - 377 words
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300 1999-01-07 7 Constitutional referendum set for Nov as planned AFP [SYDNEY] The Australian government yesterday rejected calls to speed up constitutional reform and made it clear it would not bow to Labor demands to install a president in time to open Sydney's OlympicAFP - 300 words
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Article164 1999-01-07 7 SEOUL Reuters CREDITORS of Hanbo Steel Co of South Korea said yesterday 10 companies had been contacted to tap their interest in taking over the troubled company. Letters were sent by Hanbo sales organiser Bankers Trust to companies which had either received an information memorandum onReuters - 164 words
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150 1999-01-07 7 NEW DELHI Bernama BIWATER Harthasuma Consortium, a contracting wing of Malaysia's ARA Corporation, has signed a memorandum of understanding (MoU) with Kerala State Industrial Development Corporation to develop a 4.5 billion rupee (*****.5 million) water treatment project in Kalamassery. Kalamassery isBernama - 150 words
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256 1999-01-07 7 SYDNEY Bloomberg AUSTRALIAN retail sales rose to a record in November, the second in a row, as consumers remained confident Asia's deep recession and slower global growth won't crimp the domestic economy. Retail sales rose 0.3 per cent in November to A 111.79Bloomberg - 256 words
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471 1999-01-07 7 BOMBAY •4% of global phone service monopoly holder to be floated Bloomberg WITH a potential market of 925 million people and a monopoly on India's international phone service, Videsh Sanchar Nigam Ltd (VSNL) is sitting pretty. That's why India will have little trouble findingBloomberg - 471 words
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351 1999-01-07 7 TOKYO He will propose creation of a managed float in European talks Bloomberg AFP JAPANESE Prime Minister Keizo Obuchi left for Europe yesterday, carrying a message that top industrial nations should work for currency stability. Japanese officials are worried that the Jan 1 introductionBloomberg; AFP - 351 words
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Article, Illustration37 1999-01-07 7 [TOKYO] Members of the Edo (Tokyo) Firemanship Commemoration Association, wearing 19th Century firefighting uniforms, performing on bamboo 'ladders'during the New Year review here yesterday. Some 3,2oofir&ghters took part in the annual event AFPAFP - 37 words
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276 1999-01-07 7 TOKYO AFP TWO major Japanese banks, Dai-Ichi Kangyo Bank Ltd. and Tokai Bank Ltd. will ask the government for larger handouts of public money to prop up their capital, a report said yesterday. Under major new bank reforms, Tokyo hasAFP - 276 words
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Advertisement78 1999-01-07 7 MM Founded 1905 MM fff? National University of Singapore I PUBLIC LECTURE H PROFESSOR JOSEPH S NYE B MM Lee Kuan Yew Distinguished Visitor "THE RISE Of CHINA AND THE FUTURE OF INTERNATIONAL SECURITY" ~T Friday, 8 January 1999 ujjH m ff\ Tim 6:00 pm [Ij|B M Vmnm Lecture Theatre78 words
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THE WORLD
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399 1999-01-07 8 Leon Waidar - House split on how long process should take as impeachment trial opens today From, Leon Waidar in Washington FOR the second time in American history, a US President will have to put his political and personal fate in the hands of399 words
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Article, Illustration56 1999-01-07 8 [HAMBURG] Goldsmith Annette Kutz showing off silver rings which she has trimmed with cress and moss in her shop in Hamburg on Tuesday. Two drops of water are enough for the seedling on each ring worth 250 German marks (*****) to grow but the owner hasAFP - 56 words
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Article185 1999-01-07 8 SANJOSE AFP THE world semiconductor industry struggled in 1998, with seven of its top 11 companies reporting a roughly 14 per cent fall in revenue, the research agency Dataquest reported on Tuesday. "Semiconductor vendors around the world are glad to see the back of 1998,AFP - 185 words
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245 1999-01-07 8 BONN Reuters FINANCE Minister Oskar Lafontaine yesterday stood by his forecast that the German economy would grow by 2 per cent this year despite mounting evidence of a slowdown. Mr Lafontaine shrugged off a batch of leading indicators which showed the economyReuters - 245 words
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422 1999-01-07 8 They are taking advantage of investor demand to lock in cheap fnnding LONDON Bloomberg IN the euro's first few days of trading, companies and countries are putting more than 33 billion euros (Ss6s billion) of bonds denominated in Europe'sBloomberg - 422 words
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Article, Illustration323 1999-01-07 8 WASHINGTON AFP UN Secretary General Kofi Annan has obtained convincing evidence that UN weapons inspectors helped the United States collect intelligence to be used in efforts to undermine Iraqi President Saddam Hussein, The Washington Post said yesterday. The report, citing unidentified "confidants"AFP - 323 words
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608 1999-01-07 8 LONDON European unit expected to become world's 2nd reserve currency: strategists Reuters THE dollar will remain the world's reserve currency for the foreseeable future but the newly-launched euro appears likely to be a strong challenger down the road, according to a Reuters surveyReuters - 608 words
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275 1999-01-07 8 BRUSSELS Bloomberg EUROPEAN Commission President Jacques Santer vowed yesterday to stay in office for the last year of his term, brushing aside calls to resign over allegations of mismanagement of the European Union's US$lOO billion (*****.6 billion) budget. Mr Santer saidBloomberg - 275 words
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363 1999-01-07 8 LONDON Percy didn't do enough to monitor operations Imro Bloomberg BRITAIN'S investment fund regulator reprimanded Keith Percy, former chief executive of Morgan Grenfell Asset Management, for his role in the country's biggest pension fUnd scandal more than two years ago. Peter Young,Bloomberg - 363 words
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Article, Illustration608 1999-01-07 9 NEW YORK Wall St performance not seen as main reason for or threat to US economy's strength NYT ECONOMISTS are giving short shrift to the niggling concern that the soaring US stock market might be a speculative bubble that could burst, damagingNYT; FILE PHOTO - 608 words
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436 1999-01-07 9 MOSCOW Bloomberg RUSSIA'S economy could contract or stagnate for another three to five years as long as the nation's banks aren't able to lend to industry, a central banker said. Even as the central bank tries to implement a plan to allow banksBloomberg - 436 words
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Article, Illustration346 1999-01-07 9 LONDON Reuters BRITAIN'S Prince Edward is to marry his long-time girlfriend Sophie Rhys-Jones who confessed yesterday to being stunned when Queen Elizabeth's last bachelor son finally proposed to her. Posing hand-in-hand for photographers, the couple said they plan a low-key family wedding andReuters; REUTERS - 346 words
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360 1999-01-07 9 THE MICROSOFT CASE Its actions work to shield dominance, says MIT witness Bloomberg [WASHINGTON] Microsoft Corp illegally protects its alleged monopoly on computer operating systems and has tried to extend its dominance into the market for software that allows computer users to browse on theBloomberg - 360 words
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386 1999-01-07 9 SAN FRANCISCO Reuters AN Israeli computer firm is making a publicity splash by exposing a security flaw called the "Russian New Year Exploitation" that it says exposes millions of Web surfers to document theft or manipulation. The company, Finjan Inc.Reuters - 386 words
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398 1999-01-07 9 WASHINGTON Estimated amount is biggest ever in US history Bloomberg US President Bill Clinton said yesterday that the fiscal 1999 budget surplus will be larger than expected and will be at least US$76 billion (5J127.4 billion), the largest dollar surplus in USBloomberg - 398 words
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Advertisement338 1999-01-07 8 BUSINESS Xot i( I" ;ul\ti list t.ill titll-lrn I.SIIO-741 ISN^jl I &Jt| L&M Group AJ J. X Investments Ltd (Incorporated in the Republic of Singapore) REMINDER NOTICE EXPIRATION OF WARRANTS ON 18 JANUARY 1999 AT 5.00 PM. To all holders of Warrants EXPIRATION OF WARRANTS ON 18 JANUARY 1999 AT338 words
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Advertisement1204 1999-01-07 9 BUSINESS Xot ices i o adurtisc call tnll-lni 1S0(I-~4I IS,S.J HHUP SENG HUAT CO. LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN That the Fifth Annual General Meeting of the Company will be held on Friday, 22 January 1999 at 2.30 pm1,204 words
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EDITORIAL & OPINION
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Article, Illustration861 1999-01-07 10 Anthony Rowley - THB BOTTOM LIMB OPINION By Anthony Rowley The writer is BT's Tokyo correspondent I DECIDED to call my analyst friend Cy Meal at Plunder Securities in Tokyo the other day to ask him about Japan's economic prospects in 1999. "The whole861 words
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Article92 1999-01-07 10 'A nation whose savings ratio is negative is consuming a lot Such an economy is bound to slow once stock prices fail.' -EbnlttSakikftwt Japan's Deputy Finance Minister for International Affairs, on the United States economy. There is a sense now that if this (Wall Street) is a92 words
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Article662 1999-01-07 10 EDITORIAL RARELY can a New Year have begun with such a yawning gap between official and private expectations of a country's economic performance as in the case of Japan in 1999. The government says the economy will return to growth, at least in the fiscal662 words
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Article, Illustration876 1999-01-07 10 Robert Samuelson - Impeachment of Clinton is the latest sign Washington has lost tonch and lost the public's respect By. Robert Samuelson Washington Post Writers Group THIRTY years ago, I came to Washington as a reporter of 23. Since then, I have never witnessed such aWashington Post Writers Group; FILE PHOTO - 876 words
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Article, Illustration1004 1999-01-07 10 Ol'ilinippsli^Dlntaaa FOR the last 50 years, British foreign policy has been based on two illusions. The first was that Britain could exercise immense influence in Europe by remaining outside it. The second was that Britain's interest was always best served by tagging along behind the United1,004 words
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EXECUTIVE LIFESTYLE
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Article, Illustration782 1999-01-07 11 FILM 'Private Confessions' is a film with an extraordinary pedigree NYT IN Private Confessions, an unfaithful wife hesitates beside the telephone, wondering whether to call her lover. Were it not for this scene's period clothing and antique instrument, there would be little about the moment to anchor itNYT; PILE PHOTOS - 782 words
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Article, Illustration1055 1999-01-07 12 STEVE DOLLAR - Rapper Lauryn Hill leads the pack with 10 Dominations while Sheryl Crow, Shania Twain and Madonna follow closely, says STEVE DOLLAR NYT WOMEN rule the 1999 Grammy Award nominations. Or, to put it in less politically correct terms: Grammy's gone girl crazy! And, surprise, the one it'sNYT; PILE PHOTOS; FILE PHOTO - 1,055 words
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Article259 1999-01-07 12 HEALTH UK scientists' find could lead to new gft ne therapies Reuters [LONDON] British scientists said yesterday they had discovered how cancer cells can be instructed to die, opening the way for new anti-cancer therapies. The scientists, whose findings were reported in Journal of theReuters - 259 words
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Article, Illustration357 1999-01-07 12 PURSUITS [SINGAPORE] Have a coffee on the house at Coffee Bean Tea Leaf cafes tomorrow, and enjoy it with a free copy of The Business Times. To tie in with tomorrow's launch of the paper's new Friday edition of Executive LifestyleFILE PHOTO - 357 words
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Page 11 Advertisements
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Advertisement174 1999-01-07 11 Where to wine, dine and entertain... "T §nfl»«S Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. $22 (Adult) *15 (Child) for 4 to 5 persons 120 (Adult) *15 (Child) for 6 persons 8C above For reservations, please call 290 8005/299 9011.174 words
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Advertisement146 1999-01-07 11 For the months of January and February, our chefs have prepared a whole of Spanish Food to satisfy the hungry tastebuds of all Spanish Food Lovere, And at unbelievably reasonable price, too! So call us up for reservation n0w.... before they are gone... POLLO EN PEPITORIA R S 7^) Chicken146 words
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Advertisement28 1999-01-07 11 FTTSrtTnI ■FRnliSwffinß^fflnflKH|^RMß HNHMnjMM ■pMb Advertise in Wine, Dine Entertain of The Business Times. Contact Jennifer Ng 740 1581, Raymond Seah 740 1260 or Shirley l-ee 740 2290 now.28 words
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Advertisement229 1999-01-07 11 tsfito 1 *t**4 "f2f 2" LUNCH PROMOTION (From 12 noon 2.30 pm daily) Come and try our value for money "1212" lunch promotion bring at least one friend to enjoy the following special prices and discount. y fuj WMmwJ IH Cm mNWI Offer suNffto ssMfffcr Mon Chicken Rice $1.00 $4.25229 words
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Page 11 Miscellaneous
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Miscellaneous980 1999-01-07 11 CRYPTIC CROSSWORD 26 27 Look again, but it's an aca- 7 n ower festival has no leader YESTERDAY'S SOLUTION demic exercise (8) 5 28 Pageant is shabby stuff, as 8 Everyone has debts, receiving a state income (9) n D [j]^H?HTW"rW^M^I DOWN 14 Money earned ofT the peg e ||PMTlc|Hlclc>luiß|AlGjE980 words
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Page 12 Advertisements
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Advertisement70 1999-01-07 12 THE Ritz-Carlton, millenia Gift Certificate. ■r Jk. 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. The Ultimate Weekend $588 Gracious Getaway $298 Tim Sum Lunch for four70 words
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Page 12 Miscellaneous
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Miscellaneous184 1999-01-07 12 Tlili WEAT""* Wngipora Partly cloudy. Temperature (27/23 C) ftala Faafa WEB* OaAi JwriM VII Oar Stnrihota -8M Hum AartM 17/14 (My Mem SMI Stow View 4/1 (My 21/11 Far 7«fch M (My »e|&g 4/1 WMy Bmfi 14V OmL IMiqr Sl/M Hay Km+rtkm V 7 (My *mm*m WV (M. Hn** 11/ffl184 words
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COMPANIES & MARKETS
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594 1999-01-07 13 Ven Sreenivasan - But value stays flat at $99b; downward pressure on interest rates likely to sustain sentiment »y Ven Sreenivasan [SINGAPORE] A muchneeded fillip during the final quarter boosted total trading volume on the Stock Exchange of Singapore by some 65 per594 words
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Article, Illustration615 1999-01-07 13 Ang Wan May, Rahita Elias - Takeover talk also drives up Inchcape Marketing By. Ang Wan May, Rahita Elias [SINGAPORE] Takeover speculation fired the imagination of punters yesterday with counters like C K Tang, DBS Land and City Developments; surging ahead in heavy trading. Even though the companies concernedSource: Bloomberg - 615 words
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731 1999-01-07 13 Quak Hiang Whai - HOCK LOCK SIEW Quak Hiang Whai debate over interestderegulation in is not a new one. But it's one issue ■Hi worth debating overhand over again. Until Hongkong consumers get what they deserve, that is. To begin with, are Hongkong consumers better off with731 words
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432 1999-01-07 13 Wong Wei Kong - Industry invited to give feedback en guidelines by Jan 31 By Wong Wei Kong [SINGAPORE] The Monetary Authority of Singapore has set oat draft guidelines for asset sacuritisation in Singapore ityyiting feedback from ttetafMptry. The MA&'-said it recogpotential benefits of assetsecuritisation and432 words
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143 1999-01-07 13 [SINGAPORE] Pacific Can Investment Holdings said yesterday that the Securities Industry Council has waived a requirement by its major shareholder, KZ Investments and its concert parties, to make a mandatory takeover offer for the remaining shares in the issued and paidup share capital of143 words
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COMPANIES
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526 1999-01-07 14 Nine-month losses within expectations, 70% of loans may be in trouble: analysts Bloomberg [JAKARTA] Bank Negara Indonesia, the country's largest publicly traded bank, posted a nine-month loss of 2.7 trillion rupiah (***** million), hammered by a surge in provisions forBloomberg - 526 words
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Article, Illustration504 1999-01-07 14 New proposal comes after abortive govt-bond plan Bloomberg [KUALA LUMPUR] Renong Bhd, Malaysia's biggest industrial group, may have its cash-rich toll road unit sell a record 8.5 billion Malaysian ringgit (553.7 billion) in bonds to help keep the parent companyBloomberg; FILE PHOTO - 504 words
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104 1999-01-07 14 Denis Distant - LETTER TO THE EDITOR Denis Distant I refer to the Hock Lock Siew column by Conrad Raj headlined "Why no update on EML, Vikay rescue plans?" (BT, Jan 5) and wonder why we have to rely on BT to remind the judicial managers that104 words
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279 1999-01-07 14 AFP [BANGKOK] The value of Thai shares traded in 1998 plunged 74.4 billion baht (553.4 billion) to some 855.17 billion, even though the trading volume doubled, the Stock Exchange of Thailand (SET) said yesterday. The SET said in a statement thatAFP - 279 words
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419 1999-01-07 14 New listings seen raising HK$l2-slsb; 2nd board to start functioning in Oct AFX-Asia [HONGKONG] The main board of the Stock Exchange of Hong Kong (SEHK) is expected to see 35-40 new company listings during 1999, raising a total of HK$l2-$l5 billion (552.6-$3.2 billion),AFX-Asia - 419 words
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197 1999-01-07 14 [SINGAPORE] Mainboard listed Fu Yu Manufacturing yesterday denied that it has lost its case against computer monitor maker Sonica Industries, adding that it is "dissatisfied" with a recent High Court order requiring it to provide Sonica with an $8.2 million bankers'197 words
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Article, Illustration465 1999-01-07 14 Bank Negara said to be giving it another chance Reuters (KUALA LUMPUR) MBf Capital Bhd has been given breathing space to find funds to recapitalise its troubled finance company, banking sources said yesterday. The sources close to the governmentReuters; FILE PHOTO - 465 words
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441 1999-01-07 14 1(L5% returns in 1998 from share gains, dividends Bernoma [KUALA LUMPUR] Shipbuilder PSC Industries Bhd (PSCI) has emerged as the Malaysian winner of the 1998 Shareholder Scoreboard for the period ended September 1998. It was reported in the Asian Wall Street Journal that PSCI hadBernoma - 441 words
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200 1999-01-07 14 AFX-Asia [HONGKONG] The Hong Kong Securities Clearing Co said it is studying the feasibility of US dollar settlements in its settlement system. Chief executive Stewart Shing said the move would be undertaken to cope with the launch of the Growth Enterprise Market by the StockAFX-Asia - 200 words
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COMPANYBriefs
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45 1999-01-07 14 [SINGAPORE] Dragon Land Ltd yesterday said that Its wholly-owned subsidiary, Changzhou Fushl Real Property Development Co Ltd, has sold six units of its completed development, the Fort Canning Condominium, to its employees. The company did not elaborate.45 words
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42 1999-01-07 14 [SINGAPORE] Vickers Dallas Holdings yesterday corrected an earlier announcement, saying that Lee Kheng Nam was appointed an executive director and not a non-executive director. The company added that Mr Lee has been made president of the Vertex group.42 words
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62 1999-01-07 14 (SINGAPORE] Flextech Holdings said Arrow Asia Ventures Ltd (AAV) has disposed 0f770,000 shares in the company, or 0.72 per cent of its issued share capital* (Or 84 cents per share, excluding brokerage, GST, stamp duties and clearing fee. This reduces AAV's holdings in Flextech to62 words
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INTERNATIONAL COMPANIES
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387 1999-01-07 15 Morgan Stanley analyst upgrades recommendation, sets target of US$B3 Bloomberg [NEW YORK] Merrill Lynch Co shares jumped 6.8 per cent after Morgan Stanley Dean Witter Co analyst Henry McVey raised his recommendation on the biggest US brokerage. Mr McVey boosted his Merrill recommendation toBloomberg - 387 words
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504 1999-01-07 15 Forming Apollo to attack sub-US$lOO ifiarket part of bid to revive sales Bloomberg [PALO ALTO, California] Hewlett-Packard Co, the No 1 maker of computer printers, formed a new subsidiary called Apollo to attack the fast-growing market for inexpensive colour inkjet printers. The moveBloomberg - 504 words
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Article193 1999-01-07 15 Bridge News [SAN FRANCISCO] Intel Corp has unveiled three 450 MHz versions of its Pentium II Xeon processor a high-end processor designed for server and workstation support to a handful of journalists here on Tuesday. The announcement came as Apple interim-CEO Steve Jobs wasBridge News - 193 words
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206 1999-01-07 15 Bloomberg [MONTREAL] Quebecor Inc, the world's second-largest printer, said on Tuesday it has almost completed its Cs9B3 million (Ssl.l billion) acquisition of Sun Media Corp, publisher of Canada's second-largest newspaper chain. Quebecor said it acquired 44.5 million Sun Media shares, or 99.5 per centBloomberg - 206 words
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Article, Illustration351 1999-01-07 15 Price lower, 5 colour choices; redesigned 63 line shipped NYT [SAN FRANCISCO] Unveiling a colourful array of sleek machines that more closely resemble a pack of Life Savers mints than a new computer line, Apple Computer's interim chief executive, Steven Jobs, on Tuesday introducedNYT; AFP - 351 words
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460 1999-01-07 15 Debnt trading tomorrow; shares set at NT$375 in offer AFX-Asia [TAIPEI] Quanta Computer Inc is expected to see consistent daily-limit gains to top NT$5OO soon after its listing tomorrow, supported by its positive earnings prospects and growing client list, analysts said. TheAFX-Asia - 460 words
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392 1999-01-07 15 Competitor Bell Atlantic nnlikely to increase its bid Bloomberg [LONDON] Vodafone Group pic, the UK's largest mobile phone company, offered to buy Air Touch Communications Inc for about US$54 billion (5590.5 billion), or US$9O a share, in stock, a person familiar withBloomberg - 392 words
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207 1999-01-07 15 Bloomberg [NEW YORK] African Resources Inc, a gold and diamond mining company, said it is preparing to sue Chase Manhattan Corp for driving down the company's stock in what it says were unauthorised trades of its shares. African Resources said Chase, which was holdingBloomberg - 207 words
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202 1999-01-07 15 Bloomberg [IRVINE, California] Platinum Software Corp cut about 15 per cent of its workforce as it completed its US$l54 million (Ss2sB million) acquisition of competitor Data Works Corp, expanding as a supplier of management software to mid-size companies. Under the terms of the acquisition, eachBloomberg - 202 words
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FINANCE & COMMODITIES
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464 1999-01-07 16 Quak Hiang Whai - Plans to lannch mortgage guarantees in Ql; HKssb-7b debt papers to be issued bYotti Quak Hiang Whai in Hongkong THE Hongkong Mortgage Corporation (HKMC) plans to buy between HK$lO billion and HK$l2 billion (552.2-2.6 billion) worth of mortgages this464 words
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234 1999-01-07 16 Bridge News [AMSTERDAM] The ING Group has to accept the decrease in emerging markets' business at ING Barings and expects to announce the restructuring of its investment banking arm after mid-Feb-ruary, group chairman Godfried van der Lugt said in a newsletter to stafF.Bridge News - 234 words
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508 1999-01-07 16 USs7oob assets changed hands in last two years Bloomberg [BOSTON] The pace of fund management transactions is expected to accelerate in 1999, after a two-year period when more than US$7OO billion (Ssl.l trillion) in assets changed owners, analysts said. "I think it'sBloomberg - 508 words
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374 1999-01-07 16 Bloomberg [HAMILTON, Bermuda] ACE Ltd, a business insurer in Hamilton, Bermuda, is a few days away from agreeing to pay more than US$3 billion (Sss billion) for Cigna Corp's property and casualty insurance units, people familiar with the matter said. The agreementBloomberg - 374 words
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277 1999-01-07 16 Soh Tiang Keng - !ty\ Soh Tiang Keng [SINGAPORE] Axa Life Insurance has cut its interest rate on loans by 1.25 percentage points to help ease the cost of borrowing for its policyholders in the midst of the economic slowdown. The rate has been reduced277 words
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434 1999-01-07 16 Building society members to vote on conversion in April Reuters [LONDON] Bradford Bingley, Britain's second largest building society, was confronted on Tuesday with a challenge to convert to a bank but it vowed to fight against demutualisation. The mutual lender said a resolution for conversionReuters - 434 words
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154 1999-01-07 16 Bridge News [NEW YORK) Flagstar Bancorp, the parent of Flagstar Bank FSB, said fourth-quar-ter residential mortgage lending reached a record US$5.7 billion (559.6 billion), more than doubling the US$2.6 billion posted in the year-ago period. The Michigan-based thrift said lending for all of 1998Bridge News - 154 words
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435 1999-01-07 16 Two vice-chairmen leave, top exec posts reshuffled Reuters [NEW YORK] Mellon Bank Corp's new chairman Martin McGuinn acted swiftly to make his mark on the Pitts-burgh-based bank, reshuffling top executives and thinning the rank of vicechairman there. Just after taking the helm of MellonReuters - 435 words
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156 1999-01-07 16 Bridge News [CHICAGO] Dow Jones Indexes and AIG International Inc announced an agreement on Tuesday to jointly market a commodity index calculated by AIG International. The index, to be called the Dow Jones-AIG Commodity Index, will provide institutional investors with a diversified benchmarkBridge News - 156 words
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Article, Illustration65 1999-01-07 16 [JAKARTA J An Indonesian woman sweeping grains of rice that leakedfrom rice bags at the rice market in Jakarta yesterday. Agricultural experts believe the government's plan to increase the price of unhusked rice by up to 50 per cent will failAFP - 65 words
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188 1999-01-07 17 Bob Butcher, Jardine Fleming - SIMEX Reports MS& Singapore Index Bob Butcher, Jardine Fleming INTEREST rates are down and the MSCI Singapore Index and the accompanying futures contract love it. The three-month interbank rate hit a 3V* year low boosting the values of companies with outstanding debt obligations. M&A188 words
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175 1999-01-07 17 Cecilia boh, Refco Singapore - MSd Taiwan fatores Cecilia boh, Refco Singapore THE Simex MSCI Taiwan Stock Index futures rallied up 5.90 points, after erasing early losses. The Taiex index shot up 47.48 points on government and foreign fund buying. Electronics sector accounted for the rally as bargain-hunt-ers felt that175 words
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341 1999-01-07 17 ENERGY REPORT Bloomberg (NEW YORKI Crude oil rose more than 3 per cent after a report that US inventories •posted thoir biggest drop in 18 years. Inventories fell a greater-than-expected 14.9 million barrels last week to 318.53 million barrels,Bloomberg - 341 words
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Article327 1999-01-07 17 Bloomberg New York THE US dollar rose against the yen for the first time in seven sessions on speculation Japan will sell the currency to avoid hurting exports, the brightest spot in the country's otherwise shrinking economy. Chief Cabinet Secretary Hiromu Nonaka, and Haruhiko Kuroda, director-general of theBloomberg - 327 words
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Article, Illustration1011 1999-01-07 17 CTERBAXK CROSS RATES 7— Jan A$ c$ E ro Ffr hk$ T wm M m>*», Hso s$ s/r wis nm n- uss cSS* 1062 0M> S S5 3 690 Uffl MMS2J !'25 7 2? ***** ***** 1044 1551 0.855 20.038 22.690 0.377 0.623 CNM 0J94 0182 owl 0 6U o»1,011 words
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Article1773 1999-01-07 17 SICOM FUTURES j an 6 RU88CR (futurw doting m it 5.30pm) RSS 1 CONTRACT($ cMtsAg) Clot* VoiwM 0p*n Motrttl H«9«» t®w Sott (towws) brtorwt 99 107.75 1175 Mar 99 109.25 109.25 110.25 WO 1375 99 114.00 1*3.50 112.25 150 600 •toy 99 115.50 115.00 114.75 150 600 *•99 117.00 116.501,773 words
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Article, Illustration1284 1999-01-07 18 AFP QHangSeog +342.74 HONGKONG share prices surged 3.5 per cent yesterday to reclaim the psychological 10,000-point level, fuelled by speculation over interest rate cuts and a rally on Wall Street. "The sentiment has been boosted by anticipation of further local interest rate cut as well as by gains onAFP - 1,284 words
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Article, Illustration514 1999-01-07 18 AFP Q Shenzhen B Index -MU4 SHENZHEN'S hard currency B shares ended stronger yesterday, staging a modest technical rebound after two consecutive days of falls, an analysts said. The B Share Index edged up 0.14 point, or 0.27 per cent, to 52.55 on turnover of HKS3.2 million, compared withAFP; Source: Credit Lyonnais Securities (Asia) Ltd - 514 words
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Article343 1999-01-07 18 AFP QVP latex >47.48 TAIWAN share prices posted their first gain in eight sessions yesterday, rising 0.7 per cent on government support and overnight gains on Wall Street, dealers said. "Sharp gains on the US's Nasdaq index gave the semiconductor sector a boost, while the government tried hard toAFP - 343 words
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Article1993 1999-01-07 18 LONDON Mistrials Jmi tact 31 Group 599.000 19.000 AB Ports 293.000 4.500 AMey National 1354.000 90.000 AMed Domocq 574.000 19.000 AMed Zurich 99.850 3.600 Amec 179.000 0.500 Aid* Group 160.250 2.250 BAT M 505.500 3 500 BG Pie 390.000 18.000 ■ICC 68.500 -3.000 BOCGroup 864.000 14.500 BR1,993 words
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Article1565 1999-01-07 18 AFP P Nikkei 225 +235.72 JAPANESE share prices ended 1.8 per cent higher yesterday, as the dollar's rebound against the yen triggered buying in exporter blue-chips, brokers said. "Foreign investors' profit-taking related to the yen's appreciation ran out of steam, as the yen's upturn took a breather," said aAFP - 1,565 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration260 1999-01-07 19 AFP Q Composite lain +18*51 MALAYSIAN share prices surged 3.3 per cent yesterday largely on institutional support in line with rises in regional markets, dealers said. The KLSE Composite Index rose 18.59 points to end at 586.48 points. One local institutional dealer said localAFP - 260 words
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Article8149 1999-01-07 19 MM I MALI CHMW niKti 1999 Last Vol Day MM Cap Hmi L— Cl«pM| 8H -000 W» lw W f* Apnomoto 200 84 113.5 61 74 Angkasa 80.5 3 122 81 T« 1W.7 283 255 Apo4o Food Hlg 283 M 113.2 193 178 BerlayeLand 191 4 114 193 MS 3.88,149 words
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WARRANTS, OPTIONS & REGIONAL MARKETS
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Article192 1999-01-07 20 R Sivanithy - WARRANT WATCH By R Sivanithy IN a recent poll of nine broking firms to see what their top stock picks for 1999 are the results will be published in tomorrow's BT one name appears fairly regularly, Lindeteves-Jacoberg. Since the company also has warrants in issue, a192 words
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Article227 1999-01-07 20 HONGKONG STOCKS IWnWV 9 wwW# Ct Gt 1999 Lot V<* On LMt Ouot# D»* Dtv rM Ntt M Cat High t— Stn» Com—ny SO* rOOO) Hl» L— Buyer S—f Or W >W <00 250 5123 COL (2000) HK 400 180 400 8 Z4 2 20.5 7744.7 5124 Cathay227 words
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Article1979 1999-01-07 20 •ONOS, LOANS 1WAMANTS wt La»t v«4 Day Last Quota A»g Mtqn Ln Company Sn« »Of- (OOO) High low Buyer SaNar Met 20.5 3 3160 "Acar ******1USS 14.5 -0.5 257 15.5 14 14.5 IS 95 4.5 3164 Acma ******4 21.5 unch 2006 23 20 21.5 22.5 17 3161 AIITach ******7 28.51,979 words
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Article254 1999-01-07 20 AFP J[[j Wellington jjg NEW Zealand shares advanced 0.8 per cent yesterday, spurred on by stronger overseas markets The benchmark NZSE-40 Capital Index closed up 16.51 to 2,131.77. Total turnover value was a high NZ$ll5 million. Locally, Telecom ordinaries rose three cents to NZsB.so— AFP Mm* H *f- r—AFP - 254 words
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Article, Illustration759 1999-01-07 20 AFP Fl SET Index +24.06 THAI stocks leapt through the psychological 400-point barrier yesterday, gaining 6.4 per cent with few negative factors to curb buoyant New Year sentiment, analysts said. They said shares were sharply higher in heavy trade amid foreign buying in largecaps, especially in communications, energy andAFP - 759 words
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Article410 1999-01-07 20 Composite Index +13JA SOUTH Korean share prices rose 2.3 per cent yesterday, extending recent gains and propelling the index above the psychological 600-level on sustained buying interest from foreigner investors. The index added 13.81 points to close at 612.36. Volume was 259.6 million shares worth 2.6 trillion won. Gains410 words
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Article599 1999-01-07 20 AFP +37j8 SHARES jumped 1.3 per cent yesterday amid brisk and confident trading on the back of strong gains by US and Asian markets, brokers said. The All Ordinaries Index firmed 37.8 points to 2,853.4 while the All Industrials rose 74.1 to 5,158.6 and the All Resources was upAFP - 599 words
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Article, Illustration661 1999-01-07 20 AFP Composite Index +1&38 INDONESIAN share prices closed 4.5 per cent higher yesterday, led by large caps including Telkom, on renewed interest from foreign investors, dealers said. "Reports about the 30 per cent tariff increase proposal was very positive for Telkom. And I think the gain in Telkom hasAFP - 661 words
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Article298 1999-01-07 20 AFP n Manila +72i) PHILIPPINE share prices rose 3.6 per cent yesterday, building on the momentum of the previous day's rally, analysts said. The PSE Composite Index rose 72.9 points to close at 2,079.75 points. Volume rose to 808.56 million shares worth 2.88 billion pesos from 612.86 million sharesAFP - 298 words
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6886 1999-01-07 21 Transaction date: Jan C Gr Gr Mm 1999 Last Vtf Day Last Quote Otv 0«v YM Nat Cap Avg L— Mm ClMpMy Sato COOO) High Lao Buy*r Seller C'vr P/E $mii Price MUTHNOUSTRY 142 17.5 mt 1000 AcmaSOc 82 »6 2485 82 78.5 81.56,886 words
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Article1372 1999-01-07 21 Cr Cr M Wt 1999 Last Vtf Day Last Ouot< Mv Of* Yld Nat Cap Av« W» Ha WW Cumtmt Mt PDOO> H» Laar Mhr Car Wl W Mm MANUFACTURING 243 30 a 2049 'ASAutolOc 105 »4 U07 105 102 104 105 15 N 7 1.4 9.9 119.9 911,372 words
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STOCK EXCHANGE OF SINGAPORE
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Article389 1999-01-07 22 Stocks Volume CK Tang 20c 24,646.000 SemtoCorpI 25c 19.638.000 t ResrceslOc 17,020,000 DBS Land 16,355.000 InchMarfct 50c 15.144,000 Hotel Prop 14,042,000 Wing Tai 25c 13,877,000 SingTel 15c 13,445.000 •TanChonglntSOc 13,008.000 Keppel LandWOO 12,846.000 Stocks I MS Land 42,748,914 SemtoCorpI 25c 39,334,830 E ResrceslOc 33,201.068 SingTel 15c 32.631,259 DBS Foreign 30,976,342389 words
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Article, Illustration692 1999-01-07 22 R Sivanithy - STOCK MARKET COMMENTARY Takeover talk boosts C E Tang, OUB and OCBC as turnover more than doubles to $657.7 m By R Sivanithy THE 1998 Christmas holiday lull, which extended into the first two working days of 1999, ended abruptly yesterday692 words
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Article, Illustration78 1999-01-07 22 Shiv Taneja - i ii. ii n -By Shiv Taneja CK Tang rose another five cents yesterday to 42 cents on a volume of 24.6 million shares, compared with its 10-day traded average of 1.6 million shares. This brought its gain over the past two days to 17 cents. The rise78 words
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ON THE GRAPEVINE
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Article49 1999-01-07 22 HERE'S a new twist to the five Cs that Singaporeans reportedly yearned for and lost due to the continuing economic crisis: credit card withdrawn, cut pay, cycle to work, "chap chye" (mixed vegetables) for lunch, and court summons (due to missed instalments on housing loan).49 words
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78 1999-01-07 22 MALAYSIA'S Second Finance Minister Mustapa Mohamed has emerged as another possible candidate in the race to be deputy prime minister following the sacking of Anwar Ibrahim. The front-runners for the hot seat are Foreign Minister Abdullah Ahmad Badawi, former finance minister Tengku Razaleigh Hamzah,78 words
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Article148 1999-01-07 22 WHY did Lim Ho Kee have his showdown with the SBC top honchos at Zurich airport? This intriguing question was raised by some of our readers in the wake of our report that Mr Lim has resigned from ÜBS. It was at this acrimonious meeting, dubbed by ÜBS148 words
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Article96 1999-01-07 22 TIBS Taxis has clarified that its taxi meter problem meters of3oo taxis stopped working during the new year—is not Y2K related. It is rather a program that ensures that taxi meters would stop working after a period of time. This feature is used in some countries (Tibs96 words
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Article89 1999-01-07 22 ONE of the most acute examples of global overcapacity could be found in Hongkong's mobile phone market. Talk is that a study by management consultants McKinsey found that the addition of just one more mobile phone operator (to the current four or five) could result in89 words
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Page 13 Advertisements
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Advertisement197 1999-01-07 13 Attract loads of new business AIR CARGO Special Feature Shipping Times Thursday, 21 January 1999 (Booking deadline: 14 January) To highlight the latest developments and the future of the Proposed editorial highlights Include: multi-billion dollar air freight industry, Shipping Times will Future development of the air cargo and air express197 words
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Page 14 Advertisements
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Advertisement8 1999-01-07 14 The Straits Times Classified Where II &!^ellers CATS.8 words
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Advertisement99 1999-01-07 15 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongko ng 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.99 words
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Page 16 Advertisements
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Advertisement53 1999-01-07 16 />tS^HPßues I A Clean out that insectV p. infested store room of If J yours by turning your M "junk" into cash m through a garage sale! A CalllBoo-737 1166 P f f I today to turn those big L 111 bugs into big bucks! a I Classification 158iMI I53 words
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Advertisement10 1999-01-07 18 Stralts T,m€s Ctessified is child's Play. '> i CallCAT.S.at 1800-737-1166.® I10 words
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Advertisement10 1999-01-07 20 HOCK LOCK SIEW Takes you behind the news TheßusinessTimes IKOAPOBI10 words
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Page 21 Advertisements
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Advertisement69 1999-01-07 21 Hello? I'm calling about\ m 50 a PPY your advertisement in great-just like 1 f™ n d my pet through The Straits Times Classified... I the ad J e Times Classified. I you still have the puppy... J described. J V' m going to take real goody f l righ,OT69 words
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Page 22 Advertisements
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Advertisement3138 1999-01-07 22 I BUSINESS Xotiers To advertise call toll-free 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF TS UNIVERSAL LIFESTYLE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of the Extraoniinary General Meeting signed by the Representative of Tuan Sing Holdings Limited3,138 words
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Advertisement318 1999-01-07 22 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF PEARLBRIGHT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of the Extraordinary General Meeting signed by the Representative of TS Universal I jfeslyle Pte lid relating to proceedings of Pearlbrtght Pie Lid pursuant to318 words
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Advertisement566 1999-01-07 22 In the Mailer of the Companies Act. Cap. $0 And In the Matter ol CAFE SI FOOD BEVERAGE PTE LTD (In Memben.' Voluntary liquidation! At an hi Inordinary General Meeting of the ahovenamed Company duly convened and held at 3)6 Smith Street #06- 308 New Bridge Centre Singapore 0503% on566 words
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SHIPPING TIMES
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Article320 1999-01-07 23 Bridge News Reuters RATES climbed for Panamaxes able to make early dates in the US Gulf, although this was the only bright spot in an otherwise very weak market. Capes ize rates have also slipped in the Pacific and South Africa, brokers said. TANKERS: The very large crudeBridge News; Reuters - 320 words
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Article282 1999-01-07 23 so m Jmt tt HI CWTM*trttutton..0.S4S *0.035 12S ChwnHup O.MS *0.045 446 Cotto Invwtmmt 0.515 *0.03 21 FraM* Links 0.19 *0.01 2556 68 Holdingi 0.43 *0.03 no Hal Sun Hup 0.465 *0.03 500 Hitachi 2oian 0.7* IMC Molding* HK 5.60 JayaHoldlnqs 0.54 *0.03 109 Juroog Shipyard 7.10 *0.10282 words
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Article, Illustration460 1999-01-07 23 Marcus Hand - Nippon Foundation working on alternative to Straits of Malacca By\ Marcus Hand [SINGAPORE] The Nippon Foundation, a Japanese charity heavily involved in maritime safety, is developing a Northern Sea Route (NSR) to Europe as an alternative to the Straits of Malacca should piracy460 words
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Article, Illustration657 1999-01-07 23 Marcus Hand - SHIPSHAPE By\ Marcus Hand POR Billy Lee, stepping down as president of Sembawang Marine Logistics (SML) is like passing the baton in a relay race. In a pre-retirement interview with Shipping Times, Mr Lee, looking relaxed and happy, quipped657 words
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356 1999-01-07 23 Rajendra Bajpai - TSA has raised rates for cargo from Indian ports to US by 40% From Rajendra Bajpai in New Delhi INDIAN exporters may ship their cargo for the United States from ports near India such as Singapore because of a steep356 words
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240 1999-01-07 23 Lloyd's List [LONDON] A plan to force all newly-ordered cruise ships to incorporate a helicopter deck has been abandoned by the International Maritime Organisation (IMO). Now the IMO faces the dilemma of how to erase the provision, due to come intoLloyd's List - 240 words
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Article, Illustration887 1999-01-07 24 SPOTLIGHT OH US CAR INDUSTRY The merged German-US maker of high-profit trucks, minivans and luxury cars is favoured by investment analysts Bloomberg [DETROIT] FOR Daimler-Benz chairman Jurgen Schrempp and Chrysler Corp head Robert Eaton, the 1998 North American International Auto Show started a merger. They returnBloomberg; FILE PHOTO - 887 words
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Article235 1999-01-07 24 PAGE Dongnama 3 ACL 6 6 ANL 3 ECL 5 9 Accord 8 Evergreen 6 Appenship 5 tongSun 8 Austral 8 'J'* Balaji Shpg 4 Ceniartrans 8 BSA 7 H« Sun Hup 8 B'tang Mas 8 CCNI 7 Hanjin 3 CMA 8 Heung-A 4 COSCO 5 Hyundai235 words
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Article16613 1999-01-07 31 THEBUSINESSTIMES EXPORT ETA ETA Advartisar VbiH Voyaga Tttaprtona ETA ETA Advartlsar Vassal Voyaga Talaphona SIN Dast'n Nam* Nama Number Numbar SIN Dastn Nama Nam* Number Number v t -4. < v v ainiAUtAmil^M9 To BUENOS AIRES (BUE) 2060 Argentina To ABIDJAN (ABJ) 2003 Cote D Ivoire w<n M/K16,613 words
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SHIPS IN PORT
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Article799 1999-01-07 35 Vessel VoyNo Berth Arrival Departure Adka rarunag H6SB Jer T alongside 06.01/1830 Botany Trust 01/99 J08 alongside 06.01/0215 Bt A»al|aya 010)99 J01 alongside 06 01/1400 Bt*(lW *****9 JOI llooquk 06.01/2000 Bt Nurduiu? *****9 JOI alongside 07.01/0600 Bt Rahmat Ja *****9 JOI alongside 06.01/1600 Bt Sejo *9 *****9 JOI799 words
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Article1815 1999-01-07 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclng/Bolonco Rstls Ship Voy No Etb/Btr Ported From To From *c«oiy out ot/noo u ot/noo otflts* 04/B00 Ot/BM M/MM HM 24 04/1700 07/0*51 07/0*00 21 Ot/TTOO 07/0*59 07/0900 I 07/0700 07/IB* 07/MOO 4 07/1200 07/MM 07/1700 An J«vM«ni 04* 0*/04001,815 words
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Article223 1999-01-07 35 Jan IB Japan: Adults Day. Jan 18 Brunei: Anniversary of Revelations of Koran. United States: MArtin Luther King Jnr Day. Jan 10 Brunei: Hari Raya Puasa. Indonesia: Hari Raya Puasa. Malaysia: Hari Raya Puasa. Singapore: Hari Raya Puasa. Jan 20 Brunei: Hari Raya Puasa Indonesia: Hari Raya Puasa.223 words
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Article837 1999-01-07 35 THIS report, compiled by Cocke tt Marine Oil Ltd. shows price ranges in US dollars Instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are Indicated The Cockett Bunker Price Index change and the837 words
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Article433 1999-01-07 35 Cirtwi 180 Max 991.0 3.9 1S.4 0.15 78 0.07 0* 31 tensity Water MlMim Art Aluminium Sediment No abow £25 0 13 10 0 %mM 380 Am 988.6 0J 14.4 0.07 27 0.02 bun. 380 Mu 994.2 U 19.6 0.12 47 0.06 «WV3 ¥/y M/M H/M433 words
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AIR&LAND TRANSPORT NEWS
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Article, Illustration425 1999-01-07 36 Union plans protest actions against airline's decision to scrap pay rises AFP [HONGKONG] Cathay Pacific flight attendants have threatened to stop smiling in protest against the airline's decision to scrap their pay rises, a flight attendants source said yesterday. The no smilesAFP - 425 words
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469 1999-01-07 36 FT [STOCKHOLM] Scandinavian Airlines System, the three-nation Nordic carrier, is planning to seek a multimillion dollar compensation package from Boeing following late aircraft deliveries by the US aircraft manufacturer. SAS a launch customer for the latest version of Boeing's 737 short-haulFT - 469 words
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156 1999-01-07 36 AFP [TOKYO] Japan Airlines Co Ltd and British Airways pic have reached a code-share agreement for passenger flights, a report said yesterday. JAL president Isao Kaneko and BA chief executive Bob Ayling are to confirm the contents of the agreement at a meetingAFP - 156 words
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168 1999-01-07 36 AFP [NEW DELHI] India on Tuesday vowed to upgrade landing facilities at New Delhi's main international airport in a bid to overcome disruptions caused by winter fog, officials said. Civil Aviation Minister Ananth Kumar said upgraded instrument landing systems would alsoAFP - 168 words
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251 1999-01-07 36 Marcus Hand - By Marcus Hand [SINGAPORE] Northwest Airlines passengers in Singapore will no longer need paper tickets as the airline launched its electronic ticketing system here yesterday. Using electronic ticketing, or e-ticketing, Northwest passengers are now able to book and pay for their flights by telephone, without251 words
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Article, Illustration849 1999-01-07 36 NORTH AMERICA* INTERNATIONAL AUTO SHOW Ford also nnveils its super truck and Nissan shows off its concept vehicles Bloomberg [DETROIT] Mazda Motor Corp, Japan's fifth-largest carmaker, unveiled its 2000 MPV minivan, which goes on sale in the US in July. Mazda plansBloomberg - 849 words
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Article1849 1999-01-07 36 qrr fuckt eta rucm tra oft two ****** 2359 HMMi 8A7381 1930 8A7382 2050 S***** 23S9 Of81 1930 Of82 2050 FtfMka SON* 1TB SPWO 0130 6u*ngz»o«PiC S0803 1915 CU52 0(35 2230 CZ3S3 2035 S0804 WC S0 UX Hanoi ¥*741 1310 ¥***** M» $023 0645 6A972 00401,849 words
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Page 23 Advertisements
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Advertisement18 1999-01-07 23 US car industry: Bets are on DaimlerChrysler The merged German-US maker is favoured by Investment analysts. Page 218 words
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Advertisement185 1999-01-07 23 Attract loads of new business AIR CARGO Special Feature Shipping Times Thursday, 21 January 1999 (Booking deadline: 14 January) To highlight the latest developments and the future of the Proposed editorial highlights Include: multi-billion dollar air freight industry, Shipping Times will Future development of the air cargo and air express185 words
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Advertisement21 1999-01-07 23 Cathay cabin crews plan service without a smile Union plans protest actions against airline's decision to scrap pay rises. Back Page21 words
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Page 24 Advertisements
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Advertisement664 1999-01-07 24 I IMPORT I I NORTH AMefUCA I I GULF/INDIAN SUB-CONTINCNT I jSOPER SHUTTLE EXPRESS —jOULF KARACHI EXPRESS (QKX) VKStI VOYAGE 161 SIN YBSa VOT JU I DMN IMM 1 M 0 KAI I COt I TWT^MT" OOC JAPAN 29W551 23/12 10/01 ooa OfINA 20WSS? 30/12 17/01 SANTA ISAOEUA 011 10/12664 words
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Advertisement95 1999-01-07 24 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW PORTS Hang Kong A AM China Port* imam, thuw a »um vimili vts *tt VOY FTP SIM TO TYO ETA KOI ETA YOU ETA NGO ETA OSA95 words
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Advertisement718 1999-01-07 24 Lmes services represented ■*—w fllQl;) te"^ s 4* meße ,an, Accredited Shipping Agents. Association Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETA PKL ETA SIN ETA MALE Princess LUy V 6199 14/61/99 15/il/W 24/6 1/99 Princess Lit) VW» MM* 14/62/99 LILY MARINE SERVICES SINGAPORE Pt»o«c 334 7266/*****46 Fax:718 words
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Page 25 Advertisements
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Advertisement1178 1999-01-07 25 I SAX SERVICE (DIRECT) VBSfl VOT sum UX OAK M I HOU I(H I (01 IWI fll KTC 00« 06/01 21/01 at/0) 26/0) 26/01 21/01 27/01 27/01 21/01 28/01 WGAMgT OOK 13/01 28/01 02/02 02/02 03/02 02/02 03/02 03/02 H/vT 04/02 gg 0081 20/01 04/02 09/02 09/02 10/02 09/02 10/021,178 words
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Advertisement2175 1999-01-07 25 HANJIN SHIPPING HANJIN SHIPPING (S) PTE LTD Imp //ww IwjM com WOKING *****35 237 SALES *****24 231 OOCUMIITT 32M271 274 OfCRATIONS 32M?41 252 MAIN U« *****55 FA« ***** M CI NO **********0 M TO NW USA A CANADA USA CANADA* novsT/wr iam sm u*haia/voy i s« m o» pox oi2,175 words
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Page 26 Advertisements
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Advertisement1454 1999-01-07 26 DSR-SENATOR LINES TO UK/CONTINENT TO MEPriERRANEANCANADA >tSKL *0* «L_ ItH HTM WW IMM |m» IfU I fwESStL |vOT Hm"! 6ff IK FOS VIC MTW CMOTAMG ATLAS WNMM 07 01 24 01 MOl 27 01 20.01 MOl 30 01 JAPAN SENATOK WMOO4 07 01 20 01 2101 30 01 OIK MSI1,454 words
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Advertisement808 1999-01-07 26 MAC-NELS SPORE M'SIA Carrier: MN CONTR LINES, INC P. GUOANG: (07) *****26 l~l\/ J cm MO. IHW7BOOOOM SIBU: (064) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKT. (21) *****07 MON: (61) *****3 KUCHtNG (062) *****1-3 I BARCELONA MV "PONL MARSEILLES"808 words
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Advertisement579 1999-01-07 26 JESSELTON LINE Sr nu a»»4M mi main I MIIARA j LABUAN vessel vor nt ra vessel vor nt nt spomibuaba srati UN (ABAKA MBh3? VOIE/09 07/01 10/01 (ABABA JNN-32 VOII/99 07/01 11/01 STRAITS HOn VOII/99 13/01 14/01 STRAfTS HOPE VOIE/00 11/01 17/01 (ABABA JMB-32 VO2E/0B 17/01 20/01 (ABABA JMB-32 VO2E/00579 words
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Page 27 Advertisements
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Advertisement1352 1999-01-07 27 I VESSEL VOY I SIN S<P 1 PKG PEN PQB DUB BMJ IBA I BIK IRAN TAKHTI PJLI324 07/01 16/01 18/01 17/01 20/01 IRAN MATIN PJLI327 09/01 18/01 17/01 19/01 22/01 IRAN TABATABAEI PJLI33I 28/01 04/02 03/02 08/02 08/02 IRAN TEYFOURI TBA 08/02 18/02 18/02 19/02 21/02 IRAN BAKER! TBA1,352 words
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Advertisement2619 1999-01-07 27 Wiikly to Evropi Main Nrtil Evtry Monday and Saturday I iiroct to >ro—owliawoM In 20 day» J [SINGAPORE S GENERAL AGENTS: 6 SHINTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) COSTAR SHIPPING PTE LTD #17-08DRSRIDC SAUS/MGS 42OSSS7/M INWARD DEFT (D/O> *****85 COSTAR AGENCIES (M) SDN BHD Town TWO (*****9)2,619 words
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Page 28 Advertisements
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Advertisement1378 1999-01-07 28 EUROPE/UK/SCAMDtMAVIA/FINLAND/BUBSIA SGP ROM ANW HBG THP ZEE IMV LHV THP ROM ANW HBC PKL SGP i. DIAMOND RW-M3 18*1 29/01 03/02 30/OT 01/02 02/112 03/02 i ROYAL RE 040 10/12 12/12 11/12 13/12 IS/12 07/01 BB*l E. DELUXE RW 006 17/01 05/02 06/02 08/02 09/02 10AC E RACER RE 0171,378 words
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Advertisement1117 1999-01-07 28 ADVANCE CONTAINER LINES (PTE) LTD A J 1 1 140 Cecil Street. #12-00, PtL Building. Singapore *****0 tjl TEL: *****21, FAX: *****19. TELEX :RS ***** ACLPL CR NO **********06 OPERATIONS: *****6 CV *****05 ■ANOKOK JAKARTA I WMkiy S Sl|t P4T/2 Sl|l ICM/1 Sl| BMT) (S SalllAft/WMt) vtssa VOT I w1,117 words
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Advertisement605 1999-01-07 28 NANTAI LINE FUUY CONTAINERISED SERVKE TO MAURITIUS SOUTH AFRICA VKSiI VOT sm PUI put JM or K» GOIKNMAGON VOO9S 11/01 20/01 24/01 27/01 21/01 mm hbhqss tm ivoi 02/02 OS/02 ot/P2 tumom VO32S 2t/oi 04/02 01/02 "n/of 12/02 Is/oT HAKUIMA6OK MIIS ot/02 IS/02 11/02 22/02 23/02 NAMIAI PtIWCE Y.027S M/605 words
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Page 29 Advertisements
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Advertisement469 1999-01-07 29 BSA mm MYANMA pBBk FIVE STAR LINE (Myomnar National Una) 11 Loading for Yangon (Rangoon) VISSU VOY SIN ML PIN PGU smwi uw sio DAWII 2W SIO MALAYSIA AOf NTS: MUSTUD SHIPPING AGCNCICS KUL TH (03)*****00 PKI: Til (03)*****01 PIN: TH. (04)*****02 PGU: TU (07) *****21/4 BANK LINE (A strvic*469 words
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Advertisement1297 1999-01-07 29 HMAT-' HYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOY SM SOU la KTM ANT 1 HAM ITV W [[rasa" VOY I SOU LP4 KTM ANT HAM MV I FB ISM API AIMANMNI 306W 07/01 25/01 30/01 27/01 21/01 MXAMAZOMTE 0191 14/12 19/12 16/12 17/12 07/01 **AS 527W 01/01 30/01 29/01 24/011,297 words
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Advertisement1156 1999-01-07 29 norw«gon specotmd oufcxornar? dfsmie TO NORTH AND LATIN AMERia "*ORO HEAVYUFT SERVICE'' IVESSEL VQT RAMP HEIGHT SiW I UUC CRL MIA SAV Ml ORF NYC NEW MOB I™ P902 400 Tow 13/01 09/02 11/02 21/02 23/02 Is/oTWoT 27/02 OW 07/03 TALAIOT F903 400 Tom 6.3 M 25/01 22/02 02/03 05/031,156 words
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Page 30 Advertisements
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Advertisement690 1999-01-07 30 BANOKOK7 MAP TA PHUT/ LAMM CHABANO] JAKARTA/PAN JANO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SJN JKT PJN DANU BHUM 23N In Pt 10/01 09/01 GURU BHUM 111S8 ~ln Pt 10/01 MATHU BHUM 397N 09/01 13/01 12/01 ANBO JAYAKARTA* 069 09/01 12/01 ACX JADE 37N 10/01 13/01 14/01 DEJA690 words
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Advertisement557 1999-01-07 30 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE Vtt VOT rT-POtt" "l 0 otw DIM W»U»6 It HUN AMTWt»r *yissit I 31/qi I 05/n u/w own n/n TO AUSTRALIA ~1 FULL CONTAINER SERVICE va |vw| mo aw I mi I iwi I STD I MR 1 H«* 1 mIT^T ousTßuawmi557 words
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Advertisement895 1999-01-07 30 [VESSELS VOY SN PKL MLA LEH RTM I HAM IzEE I SOT VMJ-E DE VIBQO S29W 12AH 13/01 2VPI 01/02 02/02 03/02 06/02 OMB V-LEDEVELA N29W 20/01 Ql/Qg 06/02 09/Q2 10/02 12/02 V*X£ DE SHANGHAI H29W 26/01 27/01 06/02 15/02 16/02 17/02 2002 VWJZE D'OFUON. Y29W 02*12 03/02 16/02 22/02895 words
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Page 31 Advertisements
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Advertisement47 1999-01-07 31 DIRECT SERVICE TO INDONESIL jI pa PT. Pelayaran Mcratus I HUAL( Check It Out Page 6 On Page 13 y New Service To Shanghai' i DIRECT SERVIC f, m to Calcutta S Wan Hai fAi jm Pa 9 e 5 Page 12 (Mon/Wed/Fri) mm lik. -Jr Sm"47 words
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Page 33 Advertisements
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Advertisement50 1999-01-07 33 VaTal STBft[| Dial 740-6000 on demandl —(Retrieve more schedules!) Press "1" Select the port and key in S VJ the four digit code —eg: To New York (NYQ 2275 st£) Key in your fax number J your phone number Another innovative service offered by The document Will be SHIPPING TIMES50 words
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Page 34 Advertisements
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Advertisement151 1999-01-07 34 mmnmmm free Reader Enquiry Service cut out and Fax to 65-*****29 "~^i Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: j ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a151 words
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Page 35 Miscellaneous
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Miscellaneous126 1999-01-07 35 LEGEND: R Thunderstorm Temperature «q V Shower Weather Wind direction with speed m knots Ram V^) Cloudy Sky Wove height Surface winds ore indicated by arrows which fly with the wind One fu« circle represents calm or light ond variable winds One half Heche represent, 5 knots L— One full126 words
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Page 36 Advertisements
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Advertisement153 1999-01-07 36 Appointments I. Jardine Shlpbrofcars Is a wholly-owned subsidiary of the Jardine Matheson Croup whkh is one of the largest conglomerates in the Asia Pacific region. Due to our expansion programme, we are currently seeking dynamic individuals to Join us under local terms fc conditions as: Retju/nsntents Minimum 2 years' working153 words
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Advertisement6 1999-01-07 36 Bets are on DaimlerChrysler, Page 26 words
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