The Business Times, 18 January 1999

Total Pages: 38
1 38 The Business Times
  • 13 1 THE BUSINESS TIMES MlTA(Py*rtf^fo, 85c SINGAPORE Internet: http://business-times.asia! .com.sg/ MONDAY, JANUARY 18, 1999
    13 words
  • 53 1 STOCfiMETDroiCES Week Ckaage STL MaML__-ttl7 SMSCI FUTURES _m47 -6.68 BTSRI 817.68 -3036 KLSECOMP J98.97 +7.27 NIKKEI 13,738.86......+347.05 HANG SENG 10,I47.40._ -575J0 SET INDEX. .381.82 -17.61 JAKARTA OOMP.—402.40 -37.09 MANILA OOHR—2,041.55.... 9909 TAIPEI WP1 6,483.30... .>61.55 SEOUL OOMP. 614.57 -11.76 CLSA CHINA B. .516.10. -3914 AUSTALLORD £809.30.... -47.00 DOW
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  • 77 1 FOBEX BATES ust ss USS 1.680 £(USVS$per£) 1663 ±791 EUR0(US$/St PER E) 1.173 1J71 DM 1.687 1.607 YEN lit* 1.495* RM Xm 0.442 MKS 7.748 6.217 BAHT XI X» 0.046 RUPIAfl 8U78 Mir S) to IN nits Finn bars SINGAPORE* 5.91 KUALA LUMPUR 1150 JAKARTA .28.00 BANGKOK 14.75 MANILA
    77 words
  • 647 1  -  BntitsaysM'sia faces most uncertain prospects among regional economies By Vikram Khanna [SINGAPORE] The worst of the regional economic crisis has passed for Korea, Thailand and Indonesia, but Malaysia faces the most uncertain prospects among the hardest-hit economies of the region, according to the
    647 words
  • 848 1  -  But much will depend on when external funding arrives Front Meera Tharmaratnam in Kuala Lumpur IT looks increasingly likely that Malaysia will plump for an exit tax on foreign portfolio investors who want to repatriate their capital, but a number of
    Source: Bloomberg  -  848 words
  • 309 1  -  By\ Siow Li Sen [SlNGAPOßE] Khoo Teck Puat's Ladyhill Hotel is about to be sold for $63.5 million to a major local developer who is expected to redevelop it into an "Amanpuri-style" condo in one of Singapore's poshest districts. Amanpuri hotels in
    FILE PHOTO  -  309 words
  • 568 1  -  Buyers say two-storey homes with facilities are good value for money By' Ven Sreenivasan (SINGAPORE} In scenes reminiscent of the property market of yesteryear, all 85 units at the Kuok group's Summer Gardens cluster housing were snapped up by home buyers who
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  • Page 1 Advertisements
    • 162 1 mmiiß 33% rfCTI stocks kavß ROE IWVB 10% Only 33 per cent or 18 companies of the 55 component stocks in the Straits Times Index had a return on equity in double digits for the last financial year, Pgl3 lMraltnat The Dufay Collective, exponents of medieval European music, enthralled audiences
      162 words
    • 256 1 These two exquisite watches, in the shape of peaches, are called <<For China>>. S The craftsmen of Geneva were renowned or the,r mastery of enamel and these watches are a triumph of their art. By their efforts the subtle gradations of colour found in the ■l \K£ skin fruit have
      256 words

  • SINGAPORE AT HOME & ABROAD
    • 546 2  -  Financial sector, IT give oat highest; service and retail sector, the lowest By: Eugene Low THE average bonus pay-out of firms in Singapore shrank by 25 per cent last year compared to 1997, as the region's economic situation deteriorated. This was the finding
      546 words
    • 367 2  -  Holland Village restaurant expected to open in first half By\ Rahita Elias OLD Dutch Pancake House, which opened its first restaurant here two months ago, plans to open another smaller outlet in Holland Village in the first half of the year. Ernst Lim, managing
      367 words
    • Article, Illustration
      47 2 [SINGAPORE] Business is building up in this market at Gey long Serai with Hari Raya Puasa just around the corner. Not to be outdone, this flower vendor with a loudspeaker is perched high on a ladder to give his wares maximum exposure. SIEW YAW HOONG
      SIEW YAW HOONG  -  47 words
    • 324 2  -  EYE OH TEE ECONOMY GDP By* Anna Teo THE gap between Singapore's actual and potential output widened sharply last year with the economic slowdown. Estimates by the Monetary Authority of Singapore's economics department show that actual economic output was about 3 per cent below the medi-um-term
      Source: MAS  -  324 words
    • 283 2 The Straits Times THE worst may not be over yet and Singaporeans should not assume that the economic situation will improve this year, said Education Minister and Second Minister for Defence, Rear-Admiral Teo Chee Hean, yesterday. The crisis in Brazil and
      The Straits Times  -  283 words
    • 262 2  -  By, Annette Pau LOCAL engineering set-up CNA Engineers and a unit of Siemens of Germany have signed a technology agreement to boost one another's expertise for industrial control systems in the region. The agreement will cover the design, installation and maintenance of cleanrooms
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    • 239 2  -  By Soh Tiang Keng GREAT Eastern Life has launched an innovative whole life insurance plan for young adults known as Life Perks. Life Perks comes with the Premium Voucher, the first of its kind in Singapore's insurance industry. Policy holders can use the Premium Voucher
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  • Page 2 Advertisements
    • 337 2 tin UNIVERSITY OF LOUISVILLE 10 ■pt*u* J*# Kentucky, USA American MBA Internationally Accredited by AACSB Accredited by the Commission on Colleges of the SACS 3rd Intake in Singapore 8 February '99 Ranked 7th among 18 months only; 13 modules "Top 25 Business 100% completed in Singapore Schools" in the US
      337 words

  • ASIA'S ECONOMIC SLUMP
    • 546 3 The banking system has ample resources to keep economy goin£ central Reuters [TAIPEI] Taiwan's central bank has disputed a US investment bank's view that the island risked a "Japanstyle" credit crunch, saying the banking system had ample resources to keep the economy
      Reuters  -  546 words
    • 127 3 AFP [MANILA] Some US$l.4 billion (512.4 biUion) in soft loans from Japan's so-called Miyazawa fund has been approved for release to the Philippine government, President Joseph Estrada said yesterday. The loans were finalised by Philippine Finance Secretary Edgardo Espiritu and his Japanese
      AFP  -  127 words
    • 216 3 Reuters [SEOUL] Confidence is rolling back into the South Korean stock market, with excess liquidity pouring into equities. "It's still time to buy, especially when there is a consolidation," said Jang Dong Hun, a fund manager at Korea Investment Trust Co. He said he had
      Reuters  -  216 words
    • 63 3 [HONGKONG] People walking past the Bank of China Tower in Hongkong's financial district yesterday. Hongkong banks' bad debts nearly tripled last year, and worse is expected to come with the exposure to mainland China companies standing at more than US$42 billion (5570.5 billion). Figures flrom the Hong Kong
      AFP  -  63 words
    • 344 3 Traders also keeping an eye on threat of fresh Indon riots AFP [SINGAPORE] Asian financial markets will render their verdict today on Brazil's decision to aUow its currency to float freely after monetary authorities gave up attempts to maintain a trading band.
      AFP  -  344 words
    • 913 3  -  eummoi How tt handles CHtlc mllapnw may trMi«hpm cbiHumui TnniinittiTi By Vikram Khanna THERE were financial flare-ups in two big emerging markets last week: Brazil and China. One has potentially serious longer-term consequences, the other is more of a passing cloud.
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  • Page 3 Advertisements
    • 99 3 Marina Mandarin has undergone many improvements in the past few months. New JllL rooms, new facilities, new equipment But the important things stay the same our gracious Asian hospitality and charming ambience. In fact, even in the switch to a T||r state-of-the-art communication system, our main telephone line stays unchanged:
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  • SOUTH-EAST ASIA
    • 525 4 KUALA LUMPUR They sAy ruling coalition will meet soon to discuss general elections AFP, Reuters PRIME Minister Mahathir Mohamad's ruling coalition will meet after the Aidilfitri celebration in Malaysia to discuss preparations for general elections as party insiders yesterday said early polls
      AFP,; Reuters  -  525 words
    • 357 4 KUALA LUMPUR AFP NEARLY four months after his arrest, sacked Malaysian deputy premier Anwar Ibrahim issued a new warning against oppression and corruption within the government. In a message to Muslims preparing to celebrate the Hari Raya Puasa festival this week to mark the
      AFP .  -  357 words
    • 376 4 JAKARTA Agreement on new laws expected by Jan 28 deadline Reuters INDONESIA'S June parliamentary elections will not be postponed despite disagreement over new laws, the government of beleaguered President BJ Habibie was quoted as saying yesterday. "The government has never had the slightest intention of
      Reuters  -  376 words
    • 465 4 ■PHNOMPENH AFP CAMBODIAN Prime Minister Hun Sen has given his firm backing to a trial for leaders of the genocidal Khmer Rouge movement, but demanded that justice also apply to their international supporters. "Nobody should escape justice," Mr Hun Sen told AFP and
      AFP  -  465 words
    • 257 4 JAKARTA AFP INDONESIA'S ruling Golkar party, increasingly undermined by splits within its ranks, yesterday issued a public apology for its past mistakes, the official An tara news agency said. Antara said the apology was made by Golkar chairman Akbar Tanjung during a meeting
      AFP  -  257 words
    • 660 4  -  LBTTHRFROM JAKARTA Money and food are scarce and a social safety net programme Is In disarray By Shoeb Kagda IN better times, the world's most populous Islamic country would be getting ready to celebrate Aidilfitri, the end of the Muslim holy month of Ramadan,
      660 words
  • Page 4 Advertisements
    • 144 4 p Rated lo^etJLunch of the Class hv s2s for 3 courses Uus s22 for 2 courses I limes. Cosy ambience f,>r^M To P of the class b y M functions® Business Tm s M a Cosy ambience for private functions. Bwin*™ Hr« (Win. 11.30 am 3.30pm (MorvFri) Evening: 5.30pm to
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  • CHINA-HONGKONG-TAIWAN
    • 595 5 SHANGHAI Problems of non-bank finance firms like Gitic jnst '((rowing pains' AFP WIDENING debt problems in China's non-bank finance companies, particularly in southern Guangdong province, are not early signs that the country's financial system is collapsing but rather growing pains,
      AFP  -  595 words
    • 275 5 GUANGZHOU Liquidators to treat local, foreign creditors equally AFP CHINA'S provincial High Court here gave the go-ahead on Saturday for the first bankruptcy of a financial firm since 1949 to proceed, after the collapse of Guangdong International Trust and Investment Corp (Gitic)
      AFP; REUTERS  -  275 words
    • 404 5 BEIJING Only 14m new jobs for 30m seeking work this year, says labour official AFP SIXTEEN million Chinese will be unable to find work this year as the labour market is flooded with laid-off workers, fresh graduates and demobilised soldiers, according
      AFP  -  404 words
    • 333 5 BEIJING AFP CHINA has issued guidelines governing the selection of the Macau chief executive who will head the Portugueseadministered territory's government after its handover to Chinese rule in December, reports said yesterday. Those wishing to be chosen for the Selection Committee which will
      AFP  -  333 words
  • Page 5 Advertisements
    • 68 5 r o r f NlNG i u, Hr, Y Established 1919 Sena {pie) £td. Jf (&Ae clicvnvoitclfieofi/e 4% /JRL jfJr To commemorate our new shop opening, JbSp all prices greatly reduced. Jpl 290 Orchard Road sA jC? JUv #01-15 Paragon Singapore *****9 Tel: 732-0721, 732-5689 -j(§jr v- Fax: 732-1277 .~j!r4M
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  • ASIA
    • 463 6 NEWDELHI Former finance minister warns of payments crisis if growth stays slow AFP INDIA may be heading for a serious balance of payments crisis due to an economic slowdown and a "crisis of governance", the architect of the country's economic
      AFP  -  463 words
    • 260 6 BOMBAY AFP INDIA'S state-dominated banking sector must speed up reforms and cut non-perform-ing assets, analysts believe following a gloomy report from US credit rating agency Moody's Investors Service. "The outlook on the Indian banking sector is not good. There are weaknesses," said Devesh Kumar
      AFP  -  260 words
    • 482 6 NEWDELHI Vajpayee willing to risk fall of alliance govt if militant group persists with its plan AFP INDIA'S ruling Hindu nationalists may break ties with a Hindu militant group in the western state of Maharashtra if it disrupts Pakistan's
      AFP  -  482 words
    • 406 6 SEOUL QE International Ltd signs MOU to buy 27% of Seoul Securities Co Bloomberg SOROS Fund Management, the investment group founded by billionaire George Soros, agreed to pay 67.5 billion won (5595.6 million) to acquire 27 per cent of
      Bloomberg  -  406 words
    • 51 6 [IT AMI, Japan] Residents lighting candles to offer prayersfor the victims of the Kobe earthquake at Koya Pond Park near Kobe, western Japan, on Saturday, the eve of thefourth anniversary of the quake. The 1995 earthquake killed more than 6,4oopeople and left tens of thousands homeless.
      REUTERS  -  51 words
    • 420 6 TOKYO Hard fight seen in npper house; Obuchi says economy is top priority for govt AFP JAPAN'S new coalition government, intent on passing new economic and security laws, faces a rough ride against opposition parties when Parliament opens this week, analysts say. Tomorrow, Parliament
      AFP  -  420 words
    • 152 6 SEOUL Reuters SOUTH Korea's financial industry watchdog agency said yesterday it has approved rehabilitation plans submitted by Pusan Bank and Kyongnam Bank, but with some strings. The Financial Supervisory Service said in a statement that their plans to improve financial positions were ap-
      Reuters  -  152 words
    • 377 6 ISLAMABAD Reuters PAKISTAN is under a "tremendous" amount of pressure to meet targets set by the International Monetary Fund as part of its resumed loan programme for the country, an economist said over the weekend. The IMF released a statement in Washington on
      Reuters  -  377 words
  • Page 6 Advertisements
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  • THE WORLD
    • 728 7 NEW YORK Situation considered less dire than Russian crisis last year Bloomberg BRAZIL'S currency meltdown last week failed to persuade many investors that the US Federal Reserve is poised to cut interest rates again soon. "As far as the eye
      Bloomberg  -  728 words
    • 391 7  -  ASIA-EUROPE MEETDVO FYom Shada Islam in Frankfurt ASIAN and European Union finance ministers on Saturday called for increased financial market supervision to stabilise world currencies, warning also that free movement of short-term capital could disrupt small economies. German Finance Minister Oskar Lafontaine and Japan's
      391 words
    • 514 7 MONTEVIDEO, Uruguay Argentina considers using US$; region's currencies fall AFP BRAZIL'S decision to float its currency has sent shivers through Latin American economies and prompted Argentina to consider replacing its money with the US dollar. The currencies of Mexico, Colombia
      AFP  -  514 words
    • 258 7 WASHINGTON Reuters PRESIDENT Bill Clinton on Saturday honed his State of the Union address a highstakes, drama-laden speech he will use to press for an overhaul of the Social Security system, senior aides said. As House of Representatives' prosecutors wrapped up
      Reuters  -  258 words
    • 261 7 CAMBRIDGE Bloomberg THE Russian government must move to rid the country of corruption and improve government operations before the World Bank will resume payments on a U5522.6 billion (5537.9 billion) aid package, said bank president James Wolfensohn. The World Bank is awaiting
      Bloomberg  -  261 words
    • 49 7 [PARIS] A still from the movie "Orange produced by the National Film Office of Canada, which won a special Unicef prize and which will be shown in France on Wednesday. "Orange" is one of2ofilms initiated by the Canadianfilm office aimed at teaching children abouttheir rights. APP
      APP  -  49 words
    • 399 7 NEW YORK Hedge fond wants to pave way for raising new money: report Bloomberg PARTNERS at Long-Term Capital Management LP, the hedge fund that was taken over by 14 banks after losing more than US$4 billion (556.7 billion), are meeting lenders, investors and
      Bloomberg  -  399 words
    • 157 7 FRANKFURT Reuters THE German government is sticking to forecasts of a 2 per cent increase in domestic economic growth this year despite evidence of a global slowdown, Der Spiegel magazine reported on Saturday. The government had not revised its 1999 growth expectations in its
      Reuters  -  157 words
  • Page 7 Advertisements
    • 235 7 i TheSlraitsTimes i W,«*ty fekrior A WEEKLY SUMMARY OF LOCAL NEWS AT YOUR FINGERTIPS WHEN YOU'RE AWAY FROM HOME! The Straits Times Weekly Edition beings you a crisp summary of the week's major news breaks reported in The Straits Times about Singapore and Asean Covenng news from social issues, politics,
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  • BUSINESS IT
    • 592 8  -  HP, IBM and NCS first to win orders to service key public sector organisations By] Raju Chellam [SINGAPORE] The National Computer Board has put in place a new strategy to outsource the IT support and services function in the public sector in what
      CHRIS LOH  -  592 words
    • 449 8  -  HP and Son battle it out for global and regional share By. Raju Chellam [SINGAPORE] The worldwide market for computer workstations shrank by a marginal 3.29 per cent in 1998 over 1997 in revenue terms even as it grew 21.8 per cent
      Source: IDC  -  449 words
    • 231 8 Bloomberg [SAN DIEGO] US retail ship-' ments of personal computers rose 35 per cent to 40 per cent in December from a year ago,' led by inexpensive PCs from Apple Computer Inc and eMachines Inc, which racked up the biggest market-share
      Bloomberg  -  231 words
    • 238 9 Reuters (BANGALORE, India] A senior official of Texas Instruments Inc said on Thursday he expected 5 to 10 per cent growth this year in global sales of microchips which help turn traditional analog signals into rich digital forms. Texas Instruments vicepresident for mixed signal product
      Reuters  -  238 words
    • IT TAKES
      • 57 9 [SINGAPORE] National University of Singapore (NUS) has signed a memorandum of understanding (MOU) with Autodesk to establish NUS School of Architecture as a showcase for computer-aided architectural design. Under the MOU, the School of Architecture will collaborate with Autodesk in research and development, and use
        57 words
      • 23 9 [SINGAPORE] Adobe Systems has promoted its South Asia sales director, Loh Teck Heng, to South Asia managing director.
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      • 78 9 [SINGAPORE] Shanghai Book Mall, one of the electronic commerce pioneers of China, has teamed up with the Bank of China (Shanghai Branch), Bank of China Credit Card International and Visa International to become the first online store in China to offer secure Internet payment
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      • 33 9 [SINGAPORE] Netlife, a German firm that offers secure electronic business and Internet banking solutions, has appointed Tobias Pelzer as Asia-Pacific managing director. He will be based in Singapore.
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      • 56 9 [SINGAPORE] DHL Worldwide Express has launched e-TRACK, an e-mail-based shipment tracking service, in Singapore, said DHL International Singapore general manager Charles Chan. It requires no hardware or software installation. To track their shipments, customers need only send an e-mail to track@DHL.com, and include in the
        56 words
      • 73 9 [SINGAPORE] Several companies, including Hongkong Telecom, LG Electronics, Matsushita, Motorola, OpenTV, Philips, Sony and Toshiba, are supporting the development of the Java TV Application Programming Interface (API). This API will enable the secure delivery of interactive TV content and services to digital TV. This
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      • 70 9 [SINGAPORE] Singapore is co-organising one of the regional consultations for the Asia-Pacific on the World Intellectual Property Organisation (WIPO) Internet domain name process. The Singapore meeting will be held on Friday at the Subordinate Courts, 1 Havelock Square, from 9 am to 5 pm. All interested
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      • 32 9  -  -Compiled by Toh Han Shih [SINGAPORE] Cisco Systems has appointed Bill Chang as its Singapore manager. Most recently, Mr Chang held a senior sales management position with Hewlett-Packard.
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    • 633 9  -  Sing Tel and SCV speak of plans to boost usage of SingaporeONE By' Toh Han Shih [SINGAPORE] This year, SingaporeONE will probably walk at a steady pace, but not fly at the breakneck speed usually associated with technology revolutions. The two main access providers of
      633 words
    • 273 9 [SINGAPORE] Doctors here now have their own one-stop online centre offering a wealth of medical information and professional services. Doctors Online, launched last week by Media Manager in collaboration with Health Online, is described by the organisers as a specially focused Internet service
      273 words
    • 488 9 Electronic trade forecast to more than double over next few years Reuters [SEOUL] South Korea's enactment of a new law on electronic transactions will be a big boon to the nation's electronic commerce, which is forecast to more than double over the next
      Reuters  -  488 words
    • 444 9 Bat the rush to get last-minute deals comes with risks Reuters [BANGALORE, India] Indian software firms that have made a killing fixing the Millennium Bug are now working on new businesses as well as developing contingency plans to deal with computer crashes in
      Reuters  -  444 words
    • 833 10  -  O&M Singapore's purchase of a leading interactive firm underlines chairman Mike Murphy's belief in the digital revolution, zemmbth jambs reports KENNETH JAMES PUBLIC relations, yes; advertising, absolutely. But for Ogilvy Mather Singapore the tag-line to remember is "communications company"; and with communications becoming increasingly interactive and
      833 words
    • 150 10 Xinhua [BEIJING] Chinese scientists claim that they have developed an advanced computer super server system which can be widely used in research fields of oil, power, space, banking and other basic projects. Scientists from National Intelligence Computer Research Centre said the Shuguang 2000-1 super server,
      Xinhua  -  150 words
    • 554 10  -  By Margaret Tan The author is associate professor, Department of Decision Sciences at the Graduate School qf Business, in the National University# Singapore OVER the years, the Port of Singapore Authority (PSA) has done well and won accolades for its performance. It
      554 words
    • 619 10  -  Local players plan to exploit the convergence of radio with the Internet and IT By Toh Han Shih [SINGAPORE] Digital Audio Broadcasting (DAB) will eventually replace the conventional radio and will merge radio with computers, multimedia and electronic commerce, industry participants said at last week's
      619 words
    • 765 11  -  Act! 4.0 stores contact data and, even better, reduces the nnmber of applications needed to use that data By, Justyn Olby [SINGAPORE] Electronic address books and organisers have been around for a while now. The idea is to reduce the amount of paper you
      765 words
    • ON THE SHELF
      • 77 11 BROTHER International Singapore has announced HL-P2OOO, a multi function laser printer that doubles up as a copier and scanner. The $823 printer offers 600 by 600 dots per inch resolution at up to 10 pages per minute. Targeted at personal use and at small offices, this
        77 words
      • 76 11 NORWAY-BASED Ask Asa is ready with its A 4 Compact (above), which is "the world's smallest projector in the LCD ultra-portable class", the company said. It weighs 3.5 kg and offers 650 lumens of brightness. The $8,900 system offers 600 by 600 pixel SVGA resolution,
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      • 85 11 US-BASED Clarify has announced FrontOfilce '96, a major new release of its integrated suite of sales and service applications. It offers a single source for all customer information and integrates sales, call centre, technical support, contract management, logistics and field service functions. It also provides a
        85 words
      • 102 11 ADAPTEC Inc now offers Mac users an option to preserve their investment in SCSI peripherals. The US$l49 new Adaptec Power Domain 2930U card is ideal for users with Jaz, CD-R and DVD drives, and provides 20 Mbytes/ second Ultra-SCSI performance that is up to four times
        102 words
      • 75 11 BTR Power Systems Pte Ltd is ready with Exide Electronics' Power Vision 2.0, calling it the first enterprise power management software that can monitor and manage 256 UPS devices on a single network, provide detailed trend analysis to avert power problems, and manage both single-phase
        75 words
      • 91 11  -  -Compiled by Raju Chellam DELL Computer is ready with workstations running on Intel's new 450 MHz Pentium D Xeon processors. Dell said it will offer the new processor on its Power Edge 6300 and 6350 products. The new processor enables workstation and server users to
        91 words
    • 157 11 Bloomberg [MOUNTAIN VIEW, California] Netscape Communications Corp has reached an agreement with closely held When.com to offer free online calendars on its Web site for Internet users to track appointments, schedules and events. Financial terms of the agreement were not disclosed. Redwood City, Californiabased When.com
      Bloomberg  -  157 words
  • Page 8 Advertisements
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  • Page 10 Advertisements
    • 250 10 Whichever way you look at it~. NEC's innovative MultiSync® LCD Monitors are o picture-perfect sighH NEC Multi Sync* LCD Monitors take up 60% less space I and are 70% lighter than comparable CRT monitors. OBBh I Each aesthetic monitor comes with NEC's renowned I high resolution, impeccable anti-glare images, a
      250 words
    • 266 10 PSO is a leading Recruitment Services Group, listed on the London Stock Exchange and operating across Asia Pacific, Europe and North America. Building upon its leading position within the International Technology and Financial Services sectors, PSD has achieved outstanding results and earned a worldwide reputation for the quality and effectiveness
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    • 7 10 Thursdays China Watch by Lu Ning TIIEBusinekTIMRS
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  • Page 11 Advertisements
    • 5 11 Strait Talk THEMfiWtssTniß Shipping Times
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    • 326 11 Prwhct Symantec Act 4.0 PrtoK $150 to $169 at retail outlets m m mm mm mm mm "MS Your LAN manager will definitely love it! J tMEsy: f IS&flt£ i 1 :allPaß^^B v .w^H^M^H^H^H^Bl UMb. KfwHmM Ik HiSSiiiP HHBHI $B^^^* r f J?j£ ■■■■MHHMHHMI HH .aHHH VHu #I mmm r'^
      326 words

  • EXECUTIVE LIFESTYLE
    • 602 12  -  The Dufay Collective enthralled audiences with their distinctive sounds, says p yvam P Y VAN THE DUFAY Collective, exponents of medieval European music, gave two concerts at Chijmes Hall last week. The first concert, A L Estampida, concentrated on the secular aspect of medieval music dances
      602 words
  • Page 12 Advertisements
    • 186 12 Where to wine, dine and (Sffissa- Set lunch starts at only J&Bo+++, \jf which includes free flow of Barley or Ice-lemon tea. UUkUita L.rl.J. C—l--J rugnugnra inciuae oeaiooo Fettuccini, Deep Fried Seafood and a brand new a-ls>carte menu. w CALL 330 3585 OR 330 3590 FOR RESERVATIONS < 5»52 76
      186 words
    • 134 12 For the months of January and February, our chela have prepared a whole of Spanish Food to satisfy the hungry tastebuds of all Spanish Food Lovers, And at unbelievably reasonable price, tool So call us up For reservation n0w.... before they are gone... GAZPACHO ANDALUZ Cold Spanish tomato cucumber soup
      134 words
    • 3 12 rM Level 5
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    • 141 12 Not one but six different types of preparations. Select from: Oysters Natural Oysters Florentine Oysters Kilpatrick Oysters Hollandaise Oysters Thai Style Herb Oysters $12 (half dozen) $22 (one dozen) Available at St. Gregory's Brasserie and Rolf Knie's Lounge 6C Coffee Bar for the months of January and February. PncnsUjKl ftrrmx
      141 words
    • 125 12 j* 'J 24-hour Coffee House Ist floor The Chicken Rice Capital Of The World IfaAi.ffljh^nr AMUrclurd Koari, Singapore ZXflb/. lei: /J/ HH $KSO«~m- p«rjO%\ Csef luhcV, Western or wiW fcree >*i«\Wj). At Gordon Terroce Bar Grill, enjoy a breezy pootside meal with o view of the city when you try
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  • Page 12 Miscellaneous
    • 960 12 CRYPTIC CROSSWORD 5 Used the needle, being on edge HI IH fIV IV 9 Greek article followed by one 13 Records some 19 An Italian engineer's tale (7) 21 The staff will see dawn break 23 24 Guide always at a holy man's I I I ill 25 Warder who
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  • COMPANIES & MARKETS
    • 710 13  -  leads at 50%; electronics firms, big companies also perform well By I Siow Li Sen [SINGAPORE] Only 33 per cent or 18 companies of the 55 component stocks in the Straits Timex Index had a return on equity (ROE) in double
      710 words
    • 859 13  -  HAMOSEVOnrSIOHT A sadden withdrawal of credit to China firms will be damaging By Quak Hiang Whai WHEN we warned in our first column for this year, about possible flashpoints this year in markets such as Brazil and the US, little did we expect the markets
      859 words
    • REGIONAL COMPANIES
      • 559 14 Nine surviving commercial hanks have l-55t baht in NPLs, say analysts Reuters [BANGKOK] Battered Thai commercial banks will splash a sea of red ink across the Thai stock market this week when they release their 1998 annual earnings, analysts said. Banking
        Reuters; FILE PHOTO  -  559 words
      • 583 14 Analysts say NPLs could peak at 57-60% of firms'assets Reuters [BANGKOK] Deep recession and spiralling bad loan problems will force most Thai finance firms to post huge losses for 1998, and 1999 would not be much better, analysts say. Traditionally lenders to
        Reuters  -  583 words
      • 372 14 Reuters [HONGKONG] Weak market sentiment due to internal and external factors is expected to threaten or delay the flotation of Chinese enterprises on the Hongkong stock market, analysts said. Investors unnerved last week by the bankruptcy of Guangdong International Trust and Investment Corp (Gitic)
        Reuters  -  372 words
      • 716 14  -  High trading volumes last year kept them in business By David Boey [SINGAPORE] Most remisiers managed to stay in their jobs last year, thanks to heavy trading volumes, but many of them were hit with substantial bad debts from clients who refused
        716 words
      • 200 14  -  By) R Sivanithy [SINGAPORE] The Fu Yu Manufacturing-Sonica Industries legal drama has taken another twist, with Fu Yu proving unable to provide Sonica with the $8.2 million bankers' guarantee by the Jan 15 deadline as set out in a High Court order issued on
        200 words
      • 195 14 Reuters [HONGKONG] Cathay Pacific Airways's cabin crew union said on Friday it would not stage industrial action despite the failure of last-ditch efforts to agree on employment terms with the airline's management. But the Flight Attendants Union (FAU), which represents 4,200 Cathay crew, said
        Reuters  -  195 words
      • 447 14 Firm controlled by new deputy PlTs family jumps 58% Reuters [KUALA LUMPUR] Some people joke that the stock should be renamed "The Winner", a play on the name of sizzling Dewina Bhd When a loyalist of Malaysian Prime Minister Mahathir Mohamad was
        Reuters  -  447 words
      • 259 14 Bloomberg [SEOUL] Hyundai Group, already under pressure to finance expansion of its auto and memory chip businesses, said it plans to invest US$397 million (*****.5 million) by next year to develop a tourist resort in North Korea. Hyundai, South Korea's biggest industrial group, will first
        Bloomberg  -  259 words
    • INTERNATIONAL COMPANIES
      • 426 15 Some analysts worry more about high prices of Internet related stocks Bloomberg [NEW YORK] The devaluation of the Brazilian real may yet lead to a reduction in US exports and losses for banks holding Latin American debt. For now, however, investors are discounting
        Bloomberg  -  426 words
      • 575 15 Move follows Vod&phone's takeover of Air Touch Reuters [NEW YORK] Bell Atlantic Corp said on Saturday that it has filed a lawsuit to void a non-compete clause in its joint venture agreement with Air Touch Communications Inc after Air Touch snubbed Bell Atlantic's overtures
        Reuters; AFP  -  575 words
      • 581 15 Holiday season's robust PC sales underpin revenues Bloomberg (REDMOND, Washington] Microsoft Corp is likely to beat estimates for the fiscal second quarter when it reports earnings tomorrow, fuelled by strong sales across the board from consumer to corporate software. The world's No
        Bloomberg  -  581 words
      • 138 15 Bloomberg [NEW YORK] Bell Atlantic Corp, the largest US local phone company, expects to get approval from anti-trust regulators for its US$7B.5 billion (*****.8 billion) purchase of GTE Corp in the third quarter, a senior executive said last week. Last July,
        Bloomberg  -  138 words
      • 469 15 Bloomberg [PARIS] LVMH Moet Hennessy Louis Vuitton SA, the world's No 1 luxury-goods maker, said it raised its stake in Gucci Group NV to 26.7 per cent, strengthening its influence over the Italian company and providing a platform from which to
        Bloomberg  -  469 words
      • 476 15 Bloomberg {GOTHENBURG, Sweden] Volvo, the world's No 2 truckmaker, said it bought a 13 per cent stake in Swedish rival Scania for 5.2 billion kronor (Ssl.l billion) and aims to buy the rest. The price paid is a 16
        Bloomberg  -  476 words
      • 370 15 Higher margins expected to offset slimmer sales Reuters [NEW YORK] US consumer product makers ColgatePalmolive Co and Procter and Gamble Co (P&G) are expected to report quarterly earnings that are at least 9 per cent higher than a year ago after improving
        Reuters  -  370 words
      • 210 15 Reuters (LONDON] The chairman of Rover Group, the loss-making British arm of Germany's BMW, plans to demand US$5OO million (SsB4o million) in British government aid to prevent it switching car production to Hungary, The Observer said. The Sunday newspaper said Werner Saemann would tell
        Reuters  -  210 words
      • 142 15 Bloomberg [ABBOTT PARK, Illinois] Abbott Laboratories, one of the world's biggest makers of drugs, medical devices and tests, said fourth-quarter profit rose 10.5 per cent as it sold more medical equipment and medicines, such as the ulcer treatment Prevacid. Net income rose to US$626
        Bloomberg  -  142 words
    • FINANCE & COMMODITIES
      • 606 16 UlTs largest bank in talks to bay Bank America's Taiwanese retail business, Seoulßank Bloomberg [SEOUL] HSBC Holdings pic thinks it is time to buy in re-cession-battered Asia. The UK's largest bank which stayed on the sidelines last year as bad loans
        Bloomberg  -  606 words
      • 426 16 Tie-up of Banco S&ntander, BCH will form one of Europe's top 10 banks AFP [MADRID] Spain's biggest and third biggest banks announced on Friday that they planned to merge through a share swap, creating a financial giant with US$243 billion (Ss4oB billion) in
        AFP  -  426 words
      • 342 16 Bloomberg [TAIPEI] American International Group, the largest publicly traded insurer in the US, said it will consider an investment in China Airlines (CAL), Taiwan's largest carrier. Chairman Maurice Greenberg has been scheduled to meet in Taipei with bankers who want AIG
        Bloomberg; FILE PHOTO  -  342 words
      • 371 16 ABP and PGGM plan to complete purchase by this rammer Bloomberg [AMSTERDAM] ABP and PGGM, the biggest Dutch pension funds, plan to complete the 1.6 billion euro (553.15 billion) acquisition of Nationale Investeringsbank NV (NIB) by this summer, expanding the corporate
        Bloomberg  -  371 words
      • 410 16 Bloomberg [ZURICH] Swiss Life, among the worst performing European insurance stocks last year, is still not worth buying as Switzerland's biggest life insurer struggles to make a foreign acquisition, investors said. Unless, of course, its shortcomings abroad make it appetising as a
        Bloomberg  -  410 words
      • Article, Illustration
        1678 16 PRIME LEMPniQ KATES As™ Jan 15 BANKS 4k ry ABNAmroBankNV 5* ABSA Bank IMtoB 6V4 Agdcultural bank Of CMm i AM2 Banking Group 6M, ANM hUk Sank PIC 5 American Express Bank 6 Aral Banking Corp Tv, Aral Bank PIC 5W AsaN Bank lid 4W Ban Mn La* Bank BM
        1,678 words
    • COMMODITIES & FUTURES
      • 562 17  -  SIMTflf Weeklyßoundup Hiroko Komiya MMS International This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] Last week was an eventful one for the forex market, starting with US$/yen's plunge to a 28month low of 108.22 yen. The accelerated yen
        Source: Simex  -  562 words
      • 858 17 COMMODITY Weeklyßoundup AFP [LONDON] Crude oil, precious metals, grains and soya were caught in the turmoil of Brazil's currency devaluation last week and fears that the crisis will spread to other markets. Both in New York and London, oil lost ground
        AFP; Source: Bloomberg  -  858 words
    • 1562 17 8ICOM FUTURES Jan 15 MNEt (Mmt cM*« UOpa) ISS1 CO*TRACT;S cwtsA*) CtOM MHH OpM Mw» W» t— Utt (H—D Ifrwt F*99 ***** SO Itar99 122.75 122.75 125.50 300 1250 A*99 ***** 275 **99 00.75 625 Jw99 132.75 275 MIS** 135.75 600 KSS3 COiTIACToiScMtsAq} Voiww Omo *55 U» tttt
      1,562 words
    • MARKET REVIEWS
      • 449 18 NEW YORK Goldman Sarhs strategist's bullish comments help add to Bow's strong gains AFP, Reuters US stocks staged a powerful rally last Friday, ending a string of four losing sessions, amid renewed confidence as Brazil gave up defending its embattled currency. Wall Street's
        AFP,; Reuters  -  449 words
      • 494 18 HONGKONG Reuters HONGKONG stocks, rocked by bad news from China and Brazil last week, may see a minor recovery this week, but investors will keep a wary eye on money markets, analysts said. "It seems like the risk premia are falling already and
        Reuters; FILE PHOTO  -  494 words
      • 855 18 CI Svdnev -47.00 AUSTRALIAN markets ignored international fallout from the Brazilian currency crisis last Friday, but analysts say its effect on US exports and the US economy in general will dominate the coming week. The Australian Stock Exchange's main indicator, the All Ordinaries Index, closed the week
        855 words
      • 364 18 LONDON Threat of Latin American recession also looms over UK stocks this week Bloomberg THE prospect of disappointing sales from retailers Debenhams and Arcadia Group, and the threat of recession in Latin America weighing on banks, could push UK stocks lower this
        Bloomberg  -  364 words
      • 360 18 TOKYO AFP JAPANESE share prices are expected to face more volatility in the coming week as the yen see-saws in foreign exchange trading, analysts said. After the yen's surge against the dollar hurt exporter issues on profit concerns, investors were not convinced the dollar's
        AFP  -  360 words
      • 1583 18 QParfa -WUI PARIS stocks clawed back gains of 1.4 per cent by last Friday's close, ending a rocky session on a note of optimism as Brazil's stock market and real rally following central bank's decision to abandon support for the currency. The CAC-40 Index closed down 190.61
        1,583 words
    • KUALA LUMPUR STOCK MARKET
      • 383 19 AFP PI fompoate Index *72! THE Malaysian bourse Is expected to be quiet in the coming week, with only two trading days due to the Muslim festival break, analysts said on Friday. The Kuala Lumpur Stock Exchange Composite Index rose 1.2 per cent,
        AFP  -  383 words
      • 8360 19 MMSIMMj Cmmwt prefects Lbbt V* MM Net Cap w» u» c—Ipar W> •OOP wm> U» M 300 292 A|inomoto 300 A 300 299 16.6 121.6 S3 73 AngUu 76 4.5 639 S3 73 112.1 283 255 Apollo Food Hlg 264 2 23 279 261 9.2 103.6 204 17S Bar )aya
        8,360 words
    • WARRANTS & OPTIONS
      • 193 20  -  WARRANT WATCH Hy R Sivanithy IN line with ail the other penny warrants, Guthrie's warrant has also had a Tine run lately. Still, volume in the instrument remains high and it has a reputation for being a decent speculative punt, so perhaps an
        193 words
      • 222 20 HONMOM STOCKS Or Cr 92-«k Last Vol Mart LM OwaU Mv (Mv VM Mat M Co* High L— Stno Com—ny Ml COOP) M*» Law Buyar Sa8ar It Cw P/t Smi 5123 COL (2000) MK 400 8 2.4 2 20.5 7744.7 5124 Cathay Pac 20c MK—720 265 2.1 7.4
        222 words
      • 2495 20 BONOS, LOAMS ft WARRANTS wt 52-Wk Last Vol Last Quota Avg High Law Stno Company Sji« »or COOO) High La* Buyer SaMar Prtca 20.5 3 3160 A Acar ******1USS 14.5 unch 1346 16 14 14.5 IS 95 4.5 3164 Acma W*****4 23.5 ***** 27 21 23 23.5 23 3161 All
        2,495 words
    • 6301 21 Or Or M Wt iH» Lad V*l «Mt Last Owtl Otv Mv VM Nat Cap Avg H»» L— MNa Company Ma COOOI Mlg* Law Buyar Mar C»r P/C $mH Prtca MULTHNDUSTRY V42 17.5 m t 1000 Acma 50c 81.5 uncti 5685 87.5 79 81
      6,301 words
    • 1213 21 STOCK PRICES LEGEM 2SS555S 1 '««t5*£l rnm+mmlmm m «Mk c*a cto»«riMa»8i NOTES mmrnm****»•*■ ■M*a«»««wirWNiiM4IJ0»MMii«t> ■8w»W4w mdtti iwlTt.Stm'&jJ'' T m »m-Wiii» <1111 Mhiiiiiii eilii%Hre»NrewVNr«*e.e»C«tlHH/erp» Set. *1W»bee»Nr Ffct'lflriw »hf MMMOMHU—wnndwiwwMtHiwWMOwMOiiiifciii—>m»— NrHKMrtrtupig^^OT^OiliiilplrtHpi—Ifct— Or Or M fll 52-Wk Last VI Day Last Owta Mv M* VH Nat Cap Avq w» l— «tw ciw>nr
      1,213 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        477 22 Source: JM Sassoon Htcfci Vo4mm CK Tang Wt99 *J9,n3,000 CX Tang 20c 99.072.000 E ResrceslOc 64,933,000 S Coffeemix 5< 53.6J2.000 Guthrie W02 53.W9.000 DBS Land 52.378.000 Sem6Corpi25c 50,853,000 CMI Wt02 45,801,000 Heshe HMgs25c 45.556,000 IPC Carpn 5< 42,432,000 Stacks S OCBC Foreign 256,442,735 oes Foreign 251,864,145 OUB 203.182.007 SPH 190,497,187
        Source: JM Sassoon  -  477 words
      • 668 22  -  TUB WUHK AWT!ATI Rate concerns seen to affect STI momentum but covered warrants issues, small cap segment help to sustain interest By R Sivanithy SO far, it's been a pretty good New Year for all concerned blue chip investors have
        668 words
      • Article, Illustration
        58 22  -  m w -by Wong Wei Kong IPC Corp shares closed up $0,005 at $0.09 last Friday on a volume ot 21.4 million shares, compared with its 10-day traded average of 3.2 million shares. The daily and weekly RSI and Stochastics suggest further upside potential, and this is supported
        58 words
  • Page 13 Advertisements
    • 107 13 Hush Puppies has range of manages the pressure on these can key soreness when you The the sole gently you through the every When you take a step, the except has already been heel the BOUNCE 9 patented by Hush Puppies. the You can the BOUNCE® shoes several styles you
      107 words
    • 199 13 [I3MEKSSS3I r* Reliability around the world. h FAST RELIABLE CONVENIENCE H Thanks to our computer Western Union has been in Today with 50,000 agent network that links all our the business of transferring locations spanning over H offices worldwide, your money around the globe for 160 countries worldwide, Q money
      199 words






  • Page 19 Advertisements
    • 108 19 NOTICE IS HEREBY GIVEN that I, LIM HOCK LENG of Blk 131 Ang Mo KioAvc 3 *09-1603 Singapore *****1, have applied for a Retail Liquor Shop Licence in respect of M/s Shing Song Supermarket located at Blk 539 A Bedok North St 3 #01-477 Singapore *****9, and that this application
      108 words
    • 102 19 NOTICE IS HEREBY GIVEN that I, LOW SWEE TECK of Blk 118, Teck Whyc Lane #07-776 Singapore *****8, have applied for a Retail Liquor Shop Licence in respect of M/s JooTeck Mini Mart located at Blk 160-A JalanTeck Whye, #01-02 Singapore *****0, and that this application will be considered by
      102 words

  • Page 20 Advertisements
    • 207 20 ■HHWBHniMMi JB M II WgM M THEBUSINESSTIMES lIROAFOIB E n™" Y < VEN that J' ON<l Hl AY GUAN <>f NOTICE IS HEREBY GIVEN tha< I. TAN KAH WEE of Blk annltti .r n?Tt *****4 have 3KI Ang Mo Kio Avenue 1, .06.1313. Singapore *****0. M/s ?Ln Lnl J n
      207 words
    • 222 20 NOTICE IS HEREBY GIVEN that I, ALICE ANG AH KIM NOTICE IS HEREBY GIVEN that I, HIROYUKI UEDA of of Apt Blk ***** #0805 Marine Parade Road, Laguna 80 Kim Seng Road *21-08 Mirage Tower Singapore Park Singapore *****5, have applied for a Public House, *****6, have applied for a
      222 words

  • Page 21 Advertisements
    • 213 21 NOTICE IS HEREBY GIVEN that I, LIM HOCK ENG of Blk NOTICE IS HEREBY GIVEN that I, ONG YONG FOO of 127 Ang Mo Kio Ave 3 *06-1899 Singapore *****7, have 3A Parry Avenue, Singapore *****3, have applied for a applied for a Retail Liquor Shop Licence in respect of
      213 words
    • 215 21 Saturdays Off the cuff by Jaime Ee TheßusinessTimes NOTICE IS HEREBY GIVEN that I, LIM JOO GEOK of NOTICE IS HEREBY GIVEN that I, LEOWWHEE CHEE of Blk 152 Serangoon North Ave 1 #04-304 Singapore Blk 145,TeckWhyeAve,#01-163,Singapore *****5, have *****2, have applied for a Ist Class Public House applied for
      215 words

  • Page 22 Advertisements
    • 438 22 NOTICES Call toll-free 1300 ,'4l 1883»Fan No 74t 1298 THE COMPANIES ACT, CAP. SO CHUAN BEE COMPANY (SINGAPORE) PTE LTD (In Liquidation) At a general meeting of CHUAN BEE COMPANY (SINGAPORE) PTE LTD duly convened and held on the 15th day of January, 1999 the following special resolution was passed:
      438 words
    • 392 22 CSC .Computer Sciences International Inc. (Incorporated in the United States of America) CONDITIONAL CASH OFFER FOR CSA HOLDINGS LTD (Incorporated in the Republic of Singapore) CONDITIONAL CASH OFFER (THE "OFFER") BY MERRILL LYNCH (SINGAPORE) PTE. LTD., FOR AND ON BEHALF OF CSC COMPUTER SCIENCES INTERNATIONAL INC. (THE "OFFEROR"), TO ACQUIRE
      392 words
    • 89 22 SIME SINGAPORE UMTED (Incorporated In Shgapon) LOST SHARE CERTIFICATES Share certificates no. *****1 and *****1 covering 1,250 shares in •he name of Chin Yoke Yee Lam Yoke Yee have been reported lost, mislaid or destroyed. NOTICE IS HEREBY GIVEN that new share certificates will be issued and the.original share certificates
      89 words
    • 90 22 IN THE MATTE® OF THE COMPANIES ACT. CAP. M Amd IN THE MATTER OF XIE HO IMPEX PTE LTD (Creditors' Voluntary liquidation) NOTICE IS HEREBY GIVKN. pursuant to Section 308(2) of the Companies Act. Cap. 50. thai the Pinal Meeting of Member* and Creditors of the abovenamed Company will be
      90 words
    • 329 22 NOTICE IS HEREBY GIVEN that I, SEAH HUI LUANG of Blk 51, *07-136, Telok Blangah Drive Singapore *****1, have applied for a Retail Liquor Shop Licence in respect of M/s Shop N Save Pte Ltd located at 154 West Coast Road, #81-28, Ginza Plaza Singapore *****1, and that this application
      329 words
    • 810 22 Buy It. Sell it. Find It. Classified. JjJ Call Today For Results Tomorrow. 1800-737-1166 IN THE MATTER OF THE COMPANIES ACi; CAP. 51 AND IN THE MATTER OF CONTRUST CONTRACTOR PTE LTD (fat VllllßJ lijM^T) SPECIAL RESOLUTION PASSED ON II JANUARY 1999 At an Extraordinary General Meeting of the Company
      810 words

  • SHIPPING TIMES
    • 285 23 Contributed by Simpson Spence Young WITH the yen showing an unexpected strength, a number of prospective sellers from Japan are obviously having to seriously consider their position, although as the various holidays finish and matters settle down, we would still expect to see more tonnage coming tt> the
      Contributed by Simpson Spence & Young  -  285 words
    • 215 23 *E» CWT OMrtbutlon 0.665 unc* US ChuanHup 0.595 0.015 176 Caacolnyattmant _0.52 -a02 20 rrttaMLJnkf &W OOOS 8646 SBHoMtnqs 0.43 unch 35 mSffiSLr—°S5 w 341 •WJCtl »OM(t 0.79 ■KHNm HK 54 ■liyilUMnw 0.54 -0.015 42 JuraHlMpyM 7. andi 237 MMMlCwf 4.54 aw mi KafcatflLS *3J2 -4X02 284 KWMItartM
      215 words
    • 544 23  -  Year of rabbit may become come-back year for several tigers, predicts Feararesearch By Felix Chan [SINGAPORE] Asia will rebound as the driving force in the shipping market but not before a period of consolidation. That was the message of hope delivered
      544 words
    • 826 23  -  DOCKYARD By. David Hughes HEARD about the repair yard winning a big contract to dock a ship, remove all organotin antifouling and asbestos, strip, de-sludge and gas-free all the tanks and generally clean it up ready for scrapping? No,
      826 words
    • 303 23 SEA EMPRESS OROUMDDVG [SINGAPORE] The UK port authority held responsible for an oil pollution incident has been fined £4 million (5511.16 million) for causing an environmental disaster following the grounding of the Sea Empress nearly three years ago. The Milford Haven Port
      303 words
    • 280 23 [SINGAPORE] Cargo throughput at Port Klang dropped 17.5 per cent last year to 46 million tons amid the regional economic downturn but transhipment volumes grew 37 per cent to 7.74 million tons. Officials attributed the decline in overall cargo volumes to the regional
      280 words
    • 1181 24  -  ASIAN CRISIS AMD WORLD SBn*PIMO Asia will, after a period of consolidation, again be the driving force on the demand side in most shipping markets By, Jarle Hammer in Singapore Financial problems and economic setbacks in several Asian countries have had a strong impact on
      FILE PHOTO  -  1,181 words
    • 202 24 PAGE Dongnama 3 ACL 6 ECU Line 6 ANL 3 ECt 5 Accord 8 6 Appensftp 5 Foon< J Sufl 8 Austral 8 Baiaji Shpq 4 <*"**«« 8 BSA 7 Hat Sun Hup 8 run, US CCHI CW 4 Hyundai 7 COSCO 5 ICFS 3 CSAV 3
      202 words
    • 17962 31 thebusinesstimes EXPORT SW Dastn A rr S 0V !2! ETA £TA Advartlsar V«wi Voyag. Talapnona SIN Dastn Sim. Nam. Numt>ar NumDar SIN Oasfn Nam. Nam* Numftar Numbar Tjl ARin I1U I\ 27/01 22/02 NYK QUADRANT EXPRESS OWS 65 2*0123 TO ABIDJAN (ABJ) 2003 Cot* D Ivolr# 27/01 12/02
      17,962 words
    • SHIPS IN PORT
      • 507 37 VmmI Voy No Berth Arrival Departure Jwoflf Port Bunga Kantan 31-L J10 alongside 21.01/060 C Progress 17/01 J10 alongside 17.01/1501 Iran Vahdat 1329 J17 alongside 18.01/140* Marcopolo 32 01/99 J02 alongside 17.01/235 Marcopoio 6 02-99 J16 alongside 17.01/2101 Maritime Tal 1206 J23 alongside 17.01/060 Rachmanuel 2 1/99 J03
        507 words
      • 1770 37 RECEIVING OF EXPORT FCl CONTAINERS AND LCI CARGO a Booklnq/Bilinct Rstls Ship VoyNo Etb/Btr Porlod From To From ACJCU IU 17/1200 U B/BM 15/H59 15/1*00 21 15/1700 16/0459 16/0900 3 16/0700 16/TT59 H/MM 4 16/1200 H/M59 16/1700 Aci MHU 0041 16/1800 U 15/1500 15/1659 15/1900 15/1500 15/1659 15/1900
        1,770 words
      • 222 37 Jan Ift Japan: Adults Day. JulB Brunei: Anniversary of Revelations of Koran. United States: Martin Luther King Jnr Day. Jan 19 Brunei: Hari Raya Puasa. Indonesia: Hari Raya Puasa. Malaysia: Hari Raya Puasa. Singapore: Hari Raya Puasa. Ju 20 Brunei: Hari Raya Puasa. Indonesia: Hari Raya Puasa. Malaysia:
        222 words
      • 748 37 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are baaed on averagesiaed stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        748 words
      • 464 37 CartM MO Mo 991.0 19 15.4 0.15 71 0.07 Ok 31 Deetrtr Mil tosMw Ask AimMm iifc.it No above E25 0 1 3 1 0 0 %M/M 300 Aw 968.6 0J 144 0.07 27 0.02 In. 380 Mu 994.2 L5 19.6 0.12 47 0.06 M/in %wu
        464 words
    • AIR & LAND TRANSPORT NEWS
      • 545 38 New restructuring plan in the offing for ailing Philippine carrier AFP [MANILA] New management and moves by creditors to resume rehabilitation talks have given crippled Philippine Airlines (PAL) fresh hope as it battles for survival following the collapse of talks with
        AFP; FILE PHOTO  -  545 words
      • 169 38 AFP [TOKYOI A foreign car show opened here last Friday, drawing thousands of car fans amid declining sales in Japan, organisers said. "The number of visitors today certainly exceeded the 28,600 people who came on the first day of the last Japan Imported Automobile Show"
        AFP  -  169 words
      • 355 38 Tata car to benefit from Maharashtra state's tax breaks AFP [BOMBAY] India's small-car war has intensified with the announcement by Maharashtra state of sweeping tax breaks that will give huge benefits to the Tata group's locally produced Indica model, analysts said. "The tax cut puts the
        AFP; FILE PHOTO  -  355 words
      • 270 38 Reuters [HONGKONG] Air France said on it would continue to focus on boosting its European passenger traffic into Asia in 1999. It aims to raise passenger levels by 60 per cent between Europe and Asia in the next two years, Marie-Joseph
        Reuters  -  270 words
      • 411 38 Bloomberg [BANGKOK] Thai Airways International, Asia's sixthbiggest carrier, delayed its board of directors meeting by a week, to Thursday, giving directors more time to consider a proposal to increase domestic fares by about 14 per cent, an airline spokeswoman said. Domestic fares
        Bloomberg; FILE PHOTO  -  411 words
      • 1732 38 CITY FU6M7 ETA FDGHT ETD $***** 2359 AMM* 8A7381 1930 BA7382 2050 f+M* ***** I7B WW OOP W30 HI|ltllWC S0003 IMS CZ3S2 0035 **®2» 2230 COO 2030 ***** MB «gg ms 1—1 «S S3 my g |«a WW CQv HIM ID AUM ***** MB ttug 2250
        1,732 words
  • Page 23 Advertisements
    • 22 23 World shipping Danger in talking down' Asia Asia will, after a period of consolidation, again be a major driving force. Page 2
      22 words
    • 193 23 New management boosts PAL's hopes for survival New restructuring plan in the offing for ailing carrier. Back Page Dancer in *talking down' Asia, Page 2 services to the region's work boat industry SHIPPING TIMES Feature Tuesday, February Despite the economic slowdown, the Asian Marine Market seems poised for a relatively
      193 words

  • Page 24 Advertisements
    • 913 24 I NORTH AMERICA 1 I EXPORT I OTHER DESTINATIONS 1 BSX-SUPER SHUTTLE EXPRESS-OWtCT TO LA WEST COAST OF CPfTRAL AMPWCA (MARGARITA SERVICE) WW IW| mm m m mm m m uncoorr |l rnsa wr "sb I manna|m«m| fflnTT pcmmulmummihul aman SHoH* iwsm I n/ii I w7ii M/u n/n m/U u/u
      913 words
    • 80 24 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS; KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW POWT> Kona All CMM Pffff (KYUY TIWH «UN VI»HU VtSStl VOY mm ETATTO HA KOI ETA YOK ETAHCO ITAOSA MED TAKHUNC ****** 24 JAN 01FEI 02FB 03 FIB
      80 words
    • 555 24 For Special Equipment Service: lntertransport% International Limited Page 5 EXPORT 3 x iopon 2 Hongkong •1 x Morale 1 Kooihnjng, Kecking (Accepting Fa to BKK/NAHA/SEHOAI/CEBU/LCH) Wife mwK ja Mul [Mhl oU Nrt ke<mh rr6 HUM* *t lawour twi mi isji wji lmi I oji 27ji wji mi mi »ui iivmsaamss
      555 words
    • 115 24 Lines services represented u■ l°-f©l* by Members of the Registry 0/ (WR SngapowftSht Rmto Accredited Shipping Agents GgngM Association y Singapore Shipprtg Association NORTH WEST EXPRESS LINE ACCEPTING CONTAINERS, BREAKBUIK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "ARKTIS TBN ETA SIN 20/01/99 BOOKINGS CALL MOMCA/AI UNO TEL 323 4374 CONTAINERS/CONVENTIONAL
      115 words

  • Page 25 Advertisements
    • 1109 25 TO EUROPE FROM EUROPE Ivcsa w I an mi w hmi w» sou fit uh| [vcsa vorjiTM tw hmi my sou m ta si~| MM AMAZONR 020W 21/01 IJ/01 10/0J 11/02 00/02.- MM S24C 27/12 29/12 01/01 02/0110/01 UIOME 52SW 22/01 07/02 00/02 12/02 13/02 HY COMMOOOtE 310E 02/01 30/12
      1,109 words
    • 2211 25 I ©HANJIN SHIPPING HANJM SHIPPING IS) PTi LIB h* //mm ton. MXXING 37M73S 737 SAIiV 37M774 731 DOCUMENT 37M771 774 OWUTKWS J*****1 757 MUD UK *****55 fU iWW 0t» **********011 TO NW USA A CANADA USA CANADA* HMVSL/VOY IM«I SM UW HAUI/VOY HA TO* 00 ["""Si Ol KP fif MT
      2,211 words

  • Page 26 Advertisements
    • 986 26 C DSR-SENATOR LINES It) TOMMUfIMIHANKANCiANADA Kna Iw Tw lew sin m mm m rj wr TST an tn n» »ic nib IBMEHMWEtTI MM I MM~ BBMBMB UK KB MIMOSKNATOR WMM 14.51 Jl.tl BH M B U K ~u"B HMUNVAUNCtA MM I 1»H MB 178 MB MB MB 11 B DSN
      986 words
    • 631 26 CWiHI Lit, WC P. GUDANQ: (07) *****28 Ow VIJ whlaiuqumva PENANQ: (04) *****36 BANGKOK: (662) *****87 SURABAYA: (31) *****0 E.KILANQ: (03) *****77 JKT. (21) *****07 MO* (61)*****3 KUCHHQ (062)4344*1-3 BARCELONA lAEM CHABANG/BANGKOK MV "PONL JAKARTA" V.8526 Mv JAyA ylo|s ETA SIN: 27-1-99 $|N 23 SHANGHAI VANCOUVER MV "DANUBE" V.542E MV
      631 words
    • 481 26 UNI Br milium MUARA LABUAN vtssa w in m vissa vor m in mswu srotf im SIMffSHOK VOII/W IS/01 11/01 STIAITSHOPI VOII/W IS/01 10/11 CMMAM332 VOK/fl 10/01 23/01 CAIMAJM-32 VO2E/W M/ 01 74/01 jpoosph voii/ooa/oi 77/01 stiair nor voa/n 27/0131/01 SRNTSNOK vm/w 27/01 30/01 CMAKAJN332 VtX/M 20/01 02/02 IK. KINABALU]
      481 words

  • Page 27 Advertisements
    • 1191 27 VESSEL VOV SIM PKO PEN PQB DUB DAM BMJ BA I IK IRAN TABATABAEi PJLI33I 25/01 04/02 07/02 03/02 06/02 07/02 MAN TEYFOUm PJLI32B 00/02 10/02 10/02 18/02 17/02 10/02 IRAN BAKERI TBN 13/02 23/02 20/02 22/02 24/02 20/02 IRAN SATTARI TBN 20/02 02/03 00/03 01/03 03/03 00/03 IRAN TAKMTI
      1,191 words
    • 1708 27 Jli»fp«bt YOOI3W (ETA SIN J 3 P«k 99), Como USA ImKnsl I Mt'Vatar Mrvki will call at I JUMMMrtJii^ I SSZiL^USi. 6 SHIMTOM way 226 1900 wukM6MO» outward (1/1) COSTAR SHIPPING PTE LTD #17-08NSILDG SAUS/IXGS 4205«57/60 INWARD DIPT (D/OI *****85 COSTAR AGENCIES (M) SDN BHD "™«™o (04M0?) CONVINTPNAI *****50/55 T/SHHUTDffT
      1,708 words
    • 658 27 I v EASTERN CAR UNER, LTD. |fc Ea (SINGAPORE) PTE LTD JKESi SPECIALIZE IH RORO 4 HEAVY UFT UPTO 450 TOWS 1 ECI (SM€APOKf) PTE UD LOAD NG FOR HO CHI MINH/ HAIPHONG MANILA/BATANGAS MV "TEN" MV "ERISA AZUL" VOY. 17 ETA SWIS/01/99 ETA HCMIB/01/99 ETA SM 20/01/99 ETA BTG
      658 words

  • Page 28 Advertisements
    • 1212 28 wmmwtcMMUM/mjmmiiM SGP ROM ANW H66 THP ZEE LHV I LHV THP ROM ANW US PKL I S6P E. DELIGHT RW-808 J«1 12/02 17/62 IMB IM2 IMB 17*2 E. REPUTE RE-025 24/12 27/12 2V12 25/12 29/12 11/01 22*1 E. DIVINE RW-M3 31*1 IB*2 24*2 26*2 21*2 23*2 24*2 E. ROUNO RE
      1,212 words
    • 763 28 PACIFIC INTERNATIONAL LINES (PTE) LTD J 140 Ceci Street, *03-00 PIL Building, Singapore *****0. I CRNO **********06 UMUUUHIMUA m 5/i it/i n/\ Sf\ f/i m Sn~ mm S* m -r&—Hfl- -Sg-i I ffiSß., SI m- u/i \Yn in- I l—mrauait (ms rf7i H/l tyfl —H7r~ 14/1 I I m m
      763 words
    • 496 28 NANTAI LINE FUUY CONttMBtISED SOVKI TO MAUtmUS SOUTH AFRICA VBSB VOT il WB tm M CPT RO~ NMnumcES (tits m 02/02 os/w ot/w MXUIQUta WB H/l] WB W» 11/W 12/W 15/12 IKOTMDMW Ml IS M/K IS/K 10/B 22/B 23/B immune mn ivw v/m mm am wrovaus tons h/b 21/0? 04/03
      496 words

  • Page 29 Advertisements
    • 435 29 iJMAa, %tmm MYANMA pBBk FIVE STAR UNE (Myonmnr National Lin«) Loading for Tango* (Rangoon) VBSB VOY SIN PKL PfN PGll DAWEI JW SU> ran i6ow 21/01 MALAYSIA AGENT* DOUSTEAD SMPPMG AGENCIES RHL TB (03)2417)00 PKL TEL (03) *****01 rot m (04)2****** PGtfc IB (07) *****21/4 BANK LINE (A Mfvkt of
      435 words
    • 1298 29 I HYUNDAI MERCHANT MARINE CO., LTD. iwssb voyisw sou ia|nw| ant nam kv fa Ivbsb vor|sou|i«|nM|ANi|HAM|Mwl blismi HY EMPEROR 314W 10/01 03/02 04/02 04/02 09/02 MM 524( 02/01 01/01 27/12 29/12 19/01 NOIAMA2OMTI 020W 21/01 00/02 13/02 10/0] 11/02 NY COMMOOOM 3141 20/12 02/01 30/12 31/12 21/01 IALOMI S2SW 22/01
      1,298 words
    • 1128 29 1, i norwagon yadofeed outooomen Vr QfsMojiS Wllhelmsen Lines TO NORTH AND LATIN AJURKA "W*o HEAVYUFT WRVKI[ViSSa VOY RAMP HEIGHT SIN LAX CXL MU SAV Ml Otf NYC KW MM TAIAOOT F903 4001 MS 4.3 M ~R7oT 22/02 0*703 6s7OT 0770r" W6TiO76T 11/03 WOT 10/03 TAMPERE F904 4001 m 4.3
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  • Page 30 Advertisements
    • 693 30 ■ANWOKW TA MWt/UMM CMABANOj JAKARTA/PANJANO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN CHANA BHUM** 53N In Pt 22/01 ACX JADE* 38S In Pt 21/01 XETHA BMUM 207N 1 ft/01 23/01 22/01 ANRO QOWA' OC6 18/01 23/01 KOTA RATNA RNAO63 20/01 23/01 OURU BHUM 1138 20/01 24/01
      693 words
    • 527 30 INDONESIA NATIONAL LINE TO EUROPE I wt vot I s pot! rpai/roMilrwtc una jjjjjwg ti/n u/w own n/n TO AUSTRALIA FULL COtfIiMMER SOMCg M WTlft Ml I HI I M WB MB MM AM HB wifPAui on i)/ii n/oi 03/w os/w mm u/« MggAl US a/ll M/>l 07/W 11/ M
      527 words
    • 873 30 VESSELS I VOY IBN 1 PKLIJED MLA |LEH I RTM HMI I |«rrrnl VXEDgVELA N2BW 20»P1 21 Qttgg gg 11/Qg ~iMg UKB I VIXEOE SHANGHAI H2BM 2VOI 27/W 06*02 IVQ2 ~is« MB i»«B 2tVD2 I V*XEDt)«OI Y29W 0002 03/02 12/02 IMB 22/02 ~SS 2V02 2MB ZTKB I VfILLEDEMMOSA V3OMf 08*02
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  • Page 31 Advertisements
    • 48 31 STE*| Dial 740-6000 on demand —(Retrieve more schedules!) Press >r CT X\ Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number your phone number Another innovative service offered by rTr The document Will be shipping times
      48 words


  • Page 33 Advertisements
    • 154 33 mmmmrnm free Reader Enquiry Service cut out and Fax to 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) [H SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product
      154 words

  • Page 34 Advertisements
    • 799 34 SAMUDERA SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR no. 1047M*****0 TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 Ch»n/Jeilynn/Dor«/H«nlw EQZEIQHSSDiSH 7 slgs/week QQS2E&SSH 2 slg/week [VESSEL VOY I SIN JAK [VESSEL IVOY [SIN IPIB LAWANTI 1314 16/01 (SAT) 19/01
      799 words
    • 506 34 \WWM3SMM KffTnnffrcionro CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI ACCEPTING tOTH SOC AND COC CONTAINER I vissn vouot fta swgafom ita coloaoo n* haaachi IMAM OOOHW It/PI/W 24/0)/W ~~MT7W~ sww mm M/oi/w 3i/oi/w 05/02/w SHMAMU 004HW Ql/M/W 07/02/W ~~i2/02/W UIAM 00IHW M/OVW 14/02/W U/P2/W S*« OOWW 15/02/W 21/02/99
      506 words
    • 415 34 EN6 LEE SHIPPING CO rVEIJD I I raSA *****73 <4 Uoes) Fou 593M!«/Sl2*»M I I T CT Not llllWlHllt I VESSEL VOY SIN HA SW ETD DESTINATION l>wi Ooya 1/99 16/01 18/01 Perawng/PBau/Burton UnionSlD'S 2/99 18/01 20/01 Port Hono/Betowor UnwnSlm 16 2/99 20/01 21/01 JakorW GondolV 2/99 20/01 21/01 K
      415 words
    • 349 34 rrrg Singapore Soviet Shipping CPI k\\« aN* i oosouoooon |\V Multiline Shipping PI W33 J (WWKWSAAry) a No U757M0000C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO2S 19/01 27/01 07/02 KOTARATU RTUO33 26/01 03/02 13/08 PERAK 124N 02/02 10/02 21/02 VO>B VOY SHI CALCUTTA MX HARIBHUM 07SV 20-21/81 27AM
      349 words

  • Page 35 Advertisements
    • 675 35 SIN TO SRI LANKA, INDIA, CANADA, US/EC/OUtF, MEXICO HS—Sl—ffl—aa_ roo Iwrl qm ioo I hai lim ow vav I iow I hou I —iizaL _n/ftL jizttL um i\m M/M 07/93 M/H JM/M W/M 12/04 U/M tT/M H/M HOfGH DTKI /0450 13/03 10/03 IS/01 77/92 15/03 11/03 02/04 05/04 03/0S 04/05
      675 words
    • 1333 35 gz? "S \VM pa NM m I VMM I m I raMMumMVTM «WM o« aw gn m ntksmus osiasj nil nil mi out iui hoi mji mji mji L •<!> «> tm MO I4IiJITFIL!|.I dlHf| WWM—MM* 071A01 IOJI 11 J! lUI HJ, OMI MJI MJI 12JI UJJ vtsse/vota« swui p.kung
      1,333 words

  • Page 36 Advertisements
    • 875 36 I VESSEL VOY SIN^^MAASW^| TK3ER PEARL 675N 19-20/01 24-26/01 30-31/01 I TIGER SEA 677N 22 23/01 27-30/01 03-04/02 I TIGER BAY 678N 24 25/01 30-02/02 06-07/02 I TKjER ISLAND 680N 27-28/01 02 0&02 10-11A)2 I TIGER PEARL 679N 30-31/01 05-07/02 11-12/02 I TIGER SEA 681N 03-04/02 06-11/02 15-16*02 I MILD
      875 words
    • 644 36 JV FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flasinOsingnat.com.sg Forts V——l FTP SIN ETA PEST Gothenburg Ming ZwiHh VA9O3W 22/01/99 12/02/99 Sarc«lona Ville Da Libra V256W 25/01/99 12/02/99 Genoa Villa Da Libra V2S6W 25/01/99 15/02/99 Valencia Nuova Trieste V0249-024W 25/01/99 21/02/99 Santos Iwashira VOIBS 20/01/99 12/02/99 SuanoAiras
      644 words
    • 1244 36 lOOCL (Swoopore) Pte Lid CFS Uio. T >k 79 Amm RM4#2l-04 (S) *****6 Mi 513*01-12* CI N0 **********0H Ut 272 7127 qPg /Van (Molaysia) Sdn Bhd (Rag Na *****2-U) of «S KTAUNGJAYA I*o3-75* 777* Fu: 03-754 **57 1 t=S=iJ KNANG M 04-2******/1 fu: 04-2****** «fl«f IMSWGUOAHO M: 07-31*406* mmm WOtTO
      1,244 words

  • Page 37 Miscellaneous
    • 129 37 LEGEND R Thunderstorm Temperature X\ V Shower W.other Wmd Erection with speed in knot* ee Rom Cloudy Sky w v height Swrfoce winds ore indicated by arrows which Hy with the wind One fu« circle represents calm or light ond vonoble wmds One hoW Heche represents 5 knots One full
      129 words