The Business Times, 21 January 1999
1999-01-21
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The Business Times
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Title Section11 1999-01-21 1 —1^—J MITA (P) 85C SINGAPORE Internet: http://business-times.asial.com.sg/ THURSDAY, JANUARY 21, 199911 words
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Article62 1999-01-21 1 □sn U54&27 (+1.17) BT-SRI 833.35 (-3.08) SOKSCI FUTURES 23L01 (+0.10) 0 MARKET MOOD; Mixed STOCK MARKET INDICES Wednesday Change KLSECOMP Closed NIKKEI 14,028.06 +257.61 HANG SENG 10,314.91 +24.8 SET INDEX ,194.85 +8.40 JAKARTA COMP __CkMcd MANILA COMP 2,146.39 +4255 TAIPEI WP! .6,310.71 -32.65 MMMP -613.43 -4.69 OSA CHINA62 words
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Article86 1999-01-21 1 FOBEX BATES rs$ si I'SS 1.680 £(US$/S$ per 1.654 2.779 Kl J RO {TJSS/SS per E) 1.157 1.943 DM 1.691 0.994 YEN 113.4 1.481* RM 3.795 0.443 l(K$ 7.748 0.217 BAHT 3654 0.046 RUP1AH 8,500 0.020 Sfto 100 units PRIME SATES SINGAPORE* 5.91 KlfALA LITMPIIR 11.50 JAKARTA 28.00 BANGKOK86 words
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785 1999-01-21 1 Fed chief sees no sign of economy slowing, bnt fears investors being lulled into trap Bloomberg [WASHINGTON] Federal Reserve chairman Alan Greenspan yesterday suggested that US stock prices may be too high, even though the US economy is rolling along with few signs ofBloomberg - 785 words
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Article86 1999-01-21 1 AFP [NEW YORK) After some initial hesitation, US stocks yesterday brushed aside Federal Reserve chairman Alan Greenspan's caution on stock prices to trade in plus territory by late morning. At 12 noon EST, the Dow Industrials was up 70.55 points at 9,425.77 afterAFP - 86 words
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Article, Illustration599 1999-01-21 1 Audrey Tan - With poor Q4 figures, total trade shrank 7.5% in 1998 By, Audrey Tan [SINGAPORE] Singapore's total trade shrank 7.5 per cent last year in the worst annual showing since 1975, and is likely to contract another 5 to 7 per centSource: TDB - 599 words
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359 1999-01-21 1 Anna Teo - By. Anna Teo [SINGAPORE] The government will stick to its plan of not releasing land for private property development this year. National Development Minister Lim Hng Kiang said yesterday, citing "no sense of urgency" to make a change now. The situation,359 words
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927 1999-01-21 1 Ronnie Lim - Vision is to be vibrant hub of knowledge-intensive activities By Ronnie Lim [SINGAPORE] Singapore has unveiled an ambitious new economic blueprint aimed at becoming a vibrant and robust knowledge-based economy in the 21st century. Trade and Industry Minister Lee Yock Suan announced the vision927 words
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Advertisement145 1999-01-21 1 props Chow mi this The stock prices of some food and beverage (F&B) companies have run ahead of fundamentals, analysts warned yesterday, Pg 13 W Bill CKntea Day US President Bill Clinton was able to seize the attention of lawmakers on Capitol Hill on Tuesday and to go on the145 words
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Advertisement24 1999-01-21 1 Electronics stocks up despite TDB data, Pg 13 50 firms keen to pay 20% CPF, Pg 3 New Chinese option for students, Pg 324 words
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Advertisement292 1999-01-21 1 US housing starts strongest in 11 years, Pg 8 AIR CARGO SUPPLEMENT A special 4-page supplement on the challenges and prospects for the air cargo industry. Free with today's Shipping Times Asia's Recovery When Does It Start? February 5,1999 Westin Stamford Hotel, Stamford Ballroom, Level 4 The faster-than expected recovery292 words
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Advertisement18 1999-01-21 1 Retraining seen as key, Pg 2 Investment target trimmed to $7.5b, Pg 2 Challenges busing Singapore, Pg 418 words
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SINGAPORE AT HOME & ABROAD
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545 1999-01-21 2 Jennifer Lien - INDUSTRY 21 Corporate chiefs give thumbs-up to plan to invigorate S'pore society, industry By, Jennifer Lien THE adequacy of labour, utility prices, how to teach our kids to be more creative, even the quality of our cultural scene these were on the minds of545 words
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423 1999-01-21 2 Carol Eng - Byy Carol Eng SINGAPORE should spend $2 billion annually on training and retraining schemes within the next five years, if it is to transform the workforce's skills for the future, said labour chief Lim Boon Heng yesterday. Mr Lim, who is423 words
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694 1999-01-21 2 Ronnie Lim - Best to be prepared for uncertainties, says Yock Suan By. Ronnie Lim SINGAPORE has set itself "a more cautious" manufacturing investment target of $7.5 billion for this year marginally down from 1998's $7.8 billion number Trade and Industry Minister Lee Yock Suan said yesterday, explaining694 words
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Article573 1999-01-21 2 Vikram Khanna - Bright spots mean growth could exceed -1 to 1% this year By Vikram Khanna SINGAPORE'S economic growth in 1999 could well exceed the government's projection of minus one per cent to one per cent as a recovery gets underway in the second half of the year. Institute573 words
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584 1999-01-21 2 Teh Hooi Ling - Republic drops to 30th place from 11th a year ago: survey By 1 Teh Hooi Ling THE cost of living in Singapore is now below that of Beijing, Shanghai and Guangzhou, according to the Economist Intelligence Unit's (EIU) worldwide cost of living584 words
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450 1999-01-21 2 Jennifer Lien - High-end drive output will be moved to Chai Chee plant By Jennifer Lien DISK drive maker Western Digital (WD), which on Tuesday posted a smaller-than-ex-pected December-quarter loss, said it will axe some 450 jobs in Singapore and close its Tuas450 words
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Page 2 Advertisements
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Advertisement7 1999-01-21 2 New challenges after the crisis, Pg 47 words
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YESTERDAY IN PARLIAMENT
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IN Brief
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111 1999-01-21 3 A TOTAL 0f4.995 civil servants, 31 political appointees and 19 statutory/judicial appointment holders received performance bonuses last year for work done in 1997. Deputy Prime Minister Lee Hsien Loong said in a written reply. The maximum performance bonus payable for the top grades is111 words
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107 1999-01-21 3 SIX people have been detained under the Internal Security Act over the past two years for espionage activities, Home Affairs Minister Wong Kan Seng said in a written reply. In 1997, a Singapore woman and a male permanent resident were detained. The107 words
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86 1999-01-21 3 THE Monetary Authority of Singapore has no blanket policy to ban or attract hedge funds, and any that wish to operate in Singapore are subject to the same regulations as other fUnds and fund management firms, Deputy Prime Minister Lee Hsien Loong86 words
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112 1999-01-21 3 THE Road Traffic Act has been amended to deal with motorists who cause death or serious injury as a result of dangerous or reckless driving, foreigners who flout local traffic laws, road bullies and handphone driving offenders. Motorists who cause death or injury due to112 words
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71 1999-01-21 3 THERE will be no hike in tuition fees for undergraduate, polytechnic and Institute of Technical Education courses for the academic years 1999 and 2000, Education Minister Teo Chee Hean said yesterday. But fees for post-graduate university programmes will be raised moderately during the period. Laboratory-based and71 words
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Article70 1999-01-21 3 IN all, six bills were tabled yesterday, and another six were passed. The latter includes the Building and Construction Authority Bill, which provides the framework for the formation of a new statutory board, the Building and Construction Authority. It will be formed on April70 words
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559 1999-01-21 3 Otherwise, S'pore will assume it no i longer wishes to pnrsne claim: Jaya MALAYSIA has to date not submitted its legal arguments on the Customs, Immigration and Quarantine (CIQ) issue, and if it does not do so within a month,559 words
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Article301 1999-01-21 3 Anna Teo - Rewarding good performance won't hurt cost-cnt drive, says Boon Tang Ite/x>rteby. Anna Teo WHILE the 10-point cut in the employers' Central Provident Fund contribution rate taking effect this month is welcome relief to most companies, some 50 firms have asked about maintaining a301 words
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389 1999-01-21 3 Eugene Low - i¥ Eugene Low WITH effect from this year, there will be changes in the way Chinese is taught in schools. Deputy Prime Minister Lee Hsien Loong announced in Parliament yesterday. A new alternative Chinese Language (CL) "B" syllabus will be introduced389 words
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Advertisement529 1999-01-21 3 Now you're working IKfl 1 1 no harder for Mm. your money. <K1 But what about the money -Jf/ you've already <Ki made? agf That money should be working as hard as you For the more conservative investors, the are. For one simple reason, times are difficult and HSBC Global529 words
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FOCUS
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Article, Illustration2662 1999-01-21 4 Lee Tsao Yuan - The Republic may have to face a less favourable external regional environment, competition and address the contingency of slower growth By Lee Tsao Yuan The author is Director of the Institute for Policy Studies (IPS). This article is adapted from a speech she delivered yesterday atFILE PHOTO; Source: Dept of Statistics - 2,662 words
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Advertisement168 1999-01-21 4 Showcase your services to the region's work boat industry jjMiiHMn jKihl WVitJiUiKMbWvV V■■ H n^gAK e L SHIPPING TIMES <r yDespite the economic slowdown, the Asian Marine Market seems the halls quayside of WTC, the event showcases a fleet of new craft berthed alongside for the entire duration. Shipping Times168 words
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ASIA'S ECONOMIC SLUMP
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572 1999-01-21 5 Central bank orders tighter controls on capital flight, outlines steps to save state banks AFP [BEIJING] China must protect its foreign exchange reserves and prevent massive capital flight to survive a rocky year, central bank governor Dai Xianglong warned. At a meetingAFP - 572 words
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Article, Illustration537 1999-01-21 5 Thais react sharply to IMF report admitting errors in initial responses AFP [BANGKOK] Thai Prime Minister Chuan Leekpai said yesterday the International Monetary Fund (IMF) had taken a "narrow view" of the 1997 financial crisis and risked making the same mistakes inAFP - 537 words
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520 1999-01-21 5 Anthony Rowley - Enormous downside risk on US dollar, says Barclays exec From. Anthony Rowley in Tokyo A SENIOR executive of a leading British bank yesterday warned of an impending crisis of liquidity in global foreign exchange markets which he suggested could lead to an unexpected520 words
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182 1999-01-21 5 Reuters [BANGKOK] The Bank of Thailand yesterday reaffirmed its belief that market forces and economic fundamentals should dictate the value of the baht. Its governor Chatu Mongol Sonakul said the central bank had not intervened in the foreign exchange market toReuters - 182 words
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Article, Illustration726 1999-01-21 5 Lu Ning - CHZMA WATCH China should bo able to weather the Brazil crisis unless the US catches Latin American flu Lu Ning WHAT effect, if any. will the recent devaluation of the Brazilian real have on the Chinese renminbi? Even before financial market analysts could726 words
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287 1999-01-21 5 AFP [TOKYOI Japan's top bank reform commission yesterday said it wants the bad loan problem threatening so many of the country's top banks to be solved by March this year. "We cannot procrastinate coming to grips with the bad debtAFP - 287 words
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334 1999-01-21 5 AFP [BANGKOK] Asia is on the road to economic recovery but is still vulnerable to shocks like Brazil's currency crisis or social unrest. World Bank vice-president JeanMichel Severino said yesterday. "I believe the situation has turned much more favourably than it used toAFP - 334 words
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Advertisement97 1999-01-21 5 Editorial: Key currencies must be managed, Pg 9 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks,97 words
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Advertisement436 1999-01-21 5 KTPC SEMINAR SERIES i RTPC will be organising a series of seminars for professionals, executives and businessmen to enhance their personal development and to enable them to be more effective. j Inner Side of Effective People Managing Your Career "Wake Up Your Ideas" Creative j (ISEP) Emotional Intelligence Thinking Problem436 words
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REGION
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Article, Illustration632 1999-01-21 6 Loh Hui Yin - COUNCIL OF INTERNATIONAL ADVISERS' MEETING Foreign corporate chiefs say S'pore's lower costs hard to compete with; Tung rules oat tax cuts From. Loh Hui Yin in Hongkong THE question of how Hongkong should tackle competition from Singapore featured in a day-long discussion betweenREUTERS - 632 words
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236 1999-01-21 6 HONGKONG AFP NOTORIOUS Khmer Rouge leader Pol Pot committed suicide last April when he found out that former comrades planned to hand him over to the United States, according to a leading Asian magazine. The Far Eastern Economic Review said Pol PotAFP - 236 words
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Article, Illustration747 1999-01-21 6 Quak Hiang Whai - Govt preparing statement on why Aw was not tried From Quak Hiang Whai in Hongkong TWO senior executives and a former employee of the Hong Kong Standard newspaper who were involved in a circulation scam were yesterday sentenced to747 words
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Article419 1999-01-21 6 Quak Hiang Whai - But total for year, at 9.6 m, is down 8% due to weak first half From < Quak Hiang Whai in Hongkong THE Hongkong tourism industry ended last year on a high note, recording in December the highest monthly total since May 1997. The Hongkong419 words
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334 1999-01-21 6 JAKARTA AFP AT least 11 people were killed and more than 100 injured as clashes between Christians and Muslims rocked the eastern Indonesian city of Ambon for a second day yesterday, reports and officials said. "So far 11 peopleAFP - 334 words
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224 1999-01-21 6 HONGKONG Bat HE govt says it's in talks with entertainment firm Bloomberg WALT Disney Co, the world's No 2 entertainment company, dismissed a report that it will build its second Asian theme park in Hongkong. "As far as we're concerned, the story andBloomberg - 224 words
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246 1999-01-21 6 SHANGHAI Reuters CHINA has set rules for the appointment of senior executives of securities firms, requiring top managers to have at least three years of experience in the industry, the Shanghai Securities News said yesterday. The rules, issued by market watchdog ChinaReuters - 246 words
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269 1999-01-21 6 KUALA LUMPUR Don't pass the back to attorney-general: opposition leader AFP MALAYSIAN Prime Minister Mahathir Mohamad must stand by his pledge to track down those who beat up ousted deputy premier Anwar Ibrahim while in police custody, anAFP - 269 words
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Article, Illustration209 1999-01-21 7 TOKYO AFP A FORMER president and two executives of Japan's Nomura Securities Co Ltd were found guilty yesterday over a payoff scandal that rocked the financial industry. The Tokyo District Court also ordered Japan's largest brokerage to pay a 100 million yen (551.47 million)AFP - 209 words
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269 1999-01-21 7 SEOUL Exchange checking if brokerage traded in own shares to profit from sale to Soros Reuters THE Korea Stock Exchange yesterday began investigating suspected insider trading within Seoul Securities which recently accepted an investment by international financier George Soros, an exchange official said. TheReuters - 269 words
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235 1999-01-21 7 BOMBAY Militant Hindus out to disrupt entire Pakistan tour AFP CRICKET fans in Bombay are facing the agony of a cable television blackout of the upcoming Test series with Pakistan, as part of a campaign by militant Hindus to disrupt the tour. TheAFP - 235 words
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307 1999-01-21 7 SYDNEY Leading index shows strong pick-up amid forecast of slowdown AFP THE Australian economy appears set to sustain strong growth in 1999 despite predictions of an imminent slowdown, a leading economic survey showed yesterday. The Westpac/Melbourne Institute leading index of economic activityAFP - 307 words
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186 1999-01-21 7 SEOUL Reuters The number of unemployed South Koreans reached a record 1.67 million at end-1998. with the jobless rate between 7.8 and 7.9 per cent, Labour Minister Lee Ki Ho said yesterday. The number of unemployed rose by 100,000 to 110,000 in December alone,Reuters - 186 words
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Page 6 Advertisements
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Advertisement16 1999-01-21 6 Impress your friends with an interesting sni^et. Rm4 Cats' Mews in Saftjiy Classified this wi«k«ii4. CATS.16 words
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Advertisement106 1999-01-21 7 emergency situation, it will faster than The Audi A 6. Advanced driving. bars a passengers. With stable to K extremely 1 Program the car to to emergency The new Audi A 6 V M now, comes equipped U I B which the driver may with en eeoustic parking 1 W106 words
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THE WORLD
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Article, Illustration690 1999-01-21 8 Leon Hadar - STATE OF TOE UNION aiwppcc His lawyer launches aggressive defence in impeachment trial while Clinton scores on trade in Congress bYom Leon Hadar in Washington UNITED States President Bill Clinton was able to seize the attention of lawmakers on CapitolREUTERS - 690 words
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467 1999-01-21 8 WASHINGTON Bloomberg US President Bill Clinton called for a new round of worldwide trade negotiations, saying "we must tear down barriers, open markets and expand" exports, according to a prepared text of his remarks. Mr Clinton, delivering his annual address toBloomberg - 467 words
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282 1999-01-21 8 WASHINGTON Reuters US construction starts on new homes and apartments soared in December to cap the strongest year for new-home building in more than a decade, the Commerce Department said yesterday. Total starts jumped 3.5 per cent in December to a seasonallyReuters - 282 words
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Article, Illustration448 1999-01-21 8 BONN Finance minister says it's designed to create jobs AFP GERMANY'S new centre-left government presented a 1999 budget yesterday that it said was dogged by financial problems left by the previous conservative administration but which still had special provisions to fight stubborn unemployment.AFP - 448 words
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491 1999-01-21 8 WASHINGTON Govt must now move to raise revenue, cut spending Bloomberg BRAZIL made the right move in raising interest rates because it will show investors the government isn't treating the country's currency "with benign neglect", the International Monetary Fund's policyBloomberg - 491 words
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Page 8 Advertisements
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Advertisement63 1999-01-21 8 TEPPANYAKI JAPANESE FAVOURITES ONLY AT $28+++ 1 JpMi, IXv ''.'ds. With unlimited servings of: Eel Hand Roll Tiger Prawn (Teppanyaki) Salmon Sashimi Salmon (Teppanyaki) Deepfried Tofu Chjcken fTeppanyaki) Miso BeCf Steamed Rice Mixed Vegetables ,r^ nrMl) Special Dessert TEL: 4 n h 73 7 1 3 0896/7/8 W*Ntsi rasiAURANi 1800-23563 words
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Advertisement12 1999-01-21 8 Find out the latest in TheßusinessTimes Shipping times Special Feature on 21/1/9912 words
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EDITORIAL & OPINION
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Article, Illustration839 1999-01-21 9 Robert Samuelson - THE BOTTOMLDVE OPINION By Robert Samuelson t/ IF nothing else, Brazil has shattered the soothing notion that the world economy is slowly but surely on the mend The surprise devaluation of Brazil's currency last week suggests that the recent months of economic calm may839 words
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Article86 1999-01-21 9 Our partners are not on the same national or Euro-national wavelength that we are. They accommodate themselves perfectly to American domination. Were the only ones it pains.' Alain Peyrefitte information minister under Charles de Gaulle, and a reference point in French discussions about national independence and European86 words
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Article632 1999-01-21 9 EDITORIAL AN international consensus is building, slowly but surely, on the need to take the setting of key currency exchange rates out of the hands of the market and put them into a managed framework There is broad agreement in Europe and Asia on the632 words
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Article, Illustration1058 1999-01-21 9 Prem Shankar Jha - Leaders nnable to tackle rising fiscal deficit and fall in forex reserves By\ Prem Shankar Jha The writer, former editor of The Hindustan Times, contributed this article to BT SIX weeks from the presentation of the budget, a blanket of hopelessness has descendedFILE PHOTO - 1,058 words
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150 1999-01-21 9 Ghwee Eng Hwee Singapore via Internet - MAILBOX email: btletterdaasial.com.sg Ghwee Eng Hwee Singapore via Internet I AGREE with Tom Plate's balanced view in "Blame game only adds to East-West tension" (BT, Jan 14). In the mid-'Bos and early'9os, the world was still enamoured with the Japanese economic model. When superficial150 words
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Article, Illustration887 1999-01-21 9 Remember Vietnam's lesson AS activity accelerates over no-fly zones and in sa-bre-rattling from Baghdad towards Kuwait, as missiles fly here and there, we are going to reach a day when a US or British plane will be shot down over Iraq. And with that comes the887 words
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EXECUTIVE LIFESTYLE
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Article, Illustration1003 1999-01-21 10 TERRY PRISTIN - New York house will spend USs2sm on Web site where the public can bid on art, antiques, jewellery and collectibles, says tekry prxstin TERRY PRISTIN NYT IF the hottest auction market in the country now is in cyberspace, why shouldn't Sotheby's get in on theNYT; FILE PHOTO - 1,003 words
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Article, Illustration614 1999-01-21 10 CULTURE No need to re-invent European Everyman -there has been one for 70 years LAT-WP [PARIS] As signs bloom of a new pan-European mentality, the search is on for that elusive Everyman who can represent the cherished values that all peoples on the Old Continent share.LAT-WP - 614 words
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294 1999-01-21 10 HEALTH Reuters [CHICAGO] A new fat-block-ing drug helps people lose weight and stops them from gaining it back, a study published on Tuesday said. The drug, orlistat, combined with dieting "significantly promotes weight loss, lessens weight regain and improves some obesity-related disease riskReuters - 294 words
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Article, Illustration610 1999-01-21 11 TRENDS More in UK tying knot overseas, but tour agents admit paperwork's risky Reuters [LONDON) When rock legend Mick Jagger and Texan supermodel Jerry Hall married among the palm trees of Bali eight years ago. they highlighted a growing trend, in Britain at least, for couples toReuters; FILE PHOTO - 610 words
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Page 10 Advertisements
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Advertisement104 1999-01-21 10 THE RITZ'CARLTON, MILLENIA Gift certificate. vV"-" A f t^»' ■,^lP**" 2 .iMr „t is' **JBIP^ <l*g«3'» iiJJP' 1 I lIP I h^9BBSH^^ meip^ 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 4 M104 words
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Page 11 Advertisements
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Advertisement665 1999-01-21 11 Wllfli*o i"A u/iriA rlino an/1 Presented Diners Club Offers Personalised Cash Access to apply, ca»: VY llvFc 10 WIIIC j QIIIC dlld CntCrtHlll*** v_JJ internationaT at over 30,000 locations worldwide. 290 4545 *n «a ~«»t ,4 Engage in ballroom dancing to rock &C roll, tango, samba and romantic evergreens at665 words
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Advertisement90 1999-01-21 11 ftj- 24-hour Coffee House Ist floor The Chicken Rice Capital Of The World ManAtnn [fi Sim/aparr 333 Orchard Road, Singapore *****7. Tel: 737 4411 For only $B.Bo* you can enjoy our Daily Set with a soup, main course, dessert and free fruit juice. So visit us and enjoy a different90 words
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Page 11 Miscellaneous
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Miscellaneous975 1999-01-21 11 CRYPTIC CROSSWORD 7 Permission to proceed with eviction (9) j i I I i B| nclude nobleman (5) iHf Hi Mil 10 It's not safe to work on garden 11 Table made from deciduous tree? (4-4) 12 Inclined to have catalogued 14 Scold beater for moving flHjHflT 16 Hand over975 words
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MOTORING
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BUMPER to BUMPER
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Article83 1999-01-21 12 IN a recent European New Car Assessment Programme (Encap), the BMW 5-series, Saab 9-5, Toyota Camry and Opel Omega each clinched the maximum four stars among mid-sized cars. The Audi A 6, Volvo S7oand Mercedes-Benz E-class had three stars. Recognised as one of the more83 words
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72 1999-01-21 12 RENAULT distributor Exklusiv Auto has joined the Singapore Motor Traders Association. Affiliated Car Cars, which holds the newly-landed Volkswagen franchise, remains a non-member, however. Intra-Motors, which recently relinquished the Rover distributorship, is likely to discontinue its membership. While two out of five mainstream marques72 words
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Article, Illustration63 1999-01-21 12 GERMAN luxury maker BMW has decided to go ahead with a high-powered two-seater project based on its ZO7 classic (shown here). Likely to be called ZB, the car will be powered by its new M 5 engine. With 400 horses strapped to its chassis, it is63 words
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100 1999-01-21 12 Christopher Tan - Compiled by Christopher Tan RONALD Seet, managing director of BMW distributor Performance Motors, has come out in chorus with several leading motor traders in forecasting the future of the local industry. In a recent interview with BMW Magazine, the usually publicity-shy Mr Seet said100 words
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Article, Illustration439 1999-01-21 12 Electric power used only in acceleration; petrol still primary power source [SINGAPORE] Singapore will have its first dual-power or hybrid car sooner than expected in the form of the Honda SEEC (super energy-effi-cient car). The one-litre two-seater is expected to arrive by439 words
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Article1231 1999-01-21 12 Average Open Market Value of cars registered in Dec 98 MOOEUMADE CC AVE 0MV($) MOOEUMADE CC AVE OMV(S) **»A41.6A 1.596 24.669 HYUNDAI F/L ELAN A 1,500 14.935 24 A. 2593 ***** HYUNDAI F/L BAN M 1509 13.647 BWZE280XLAUTD 2.799 *****4 HYUNDAI EF SONATA A 1,997 17,936 BMW1,231 words
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Article, Illustration431 1999-01-21 12 Christopher Tan - Strong performance by MPVs lifts sales of lifestyle vehicles by 6.5% to 2,087 units Byy Christopher Tan [SINGAPORE] MINIVANS, people movers or multi-purpose vehicles (MPVs). Whatever you call them, a lot more of these "lifestyle" choices were sold last year, the economic crisis notwithstanding.FILE PHOTO - 431 words
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Article, Illustration316 1999-01-21 12 Christopher Tan - Taxi order terminals are accepting 50 cents, instead of $1 All reports by Christopher Tan [SINGAPORE] A "vending" machine for taxis. Who would've thought such an idea would work. But it has. Comfort, which set up its first TOTs (taxi order terminals) in April 1997, nowFILE PHOTO - 316 words
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310 1999-01-21 12 (SINGAPORE] Perhaps inspired by Luc Besson's Taxi, where a Peugeot 406 cab took centrestage. transport group Comfort will be bringing in a batch of the French cars for its fleet soon. Sources say the first shipment of about 20 cars should arrive310 words
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Page 12 Advertisements
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Advertisement33 1999-01-21 12 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. a Another Classified Service The Straits Times CLASSIFIED Where buyers and sellers meet Sell your old clothes.33 words
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COMPANIES & MARKETS
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692 1999-01-21 13 Ven Sreenivasan, Siow Li Sen - P/E ratios of up to 50 cited; F&B shares not necessarily defensive stocks By' Ven Sreenivasan, Siow Li Sen [SINGAPORE] The stock prices of some food and beverage (F&B) companies have run ahead of fundamentals, analysts warned yesterday. "The divergence between corporate692 words
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308 1999-01-21 13 [SINGAPORE] Selected electronics stocks gained new ground for the most part of yesterday, buoyed by a record close in technology stocks on Nasdaq and good corporate results in the US. Even dismal trade figures released yesterday by the Trade Development Board failed to308 words
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679 1999-01-21 13 Neil Behrmann - HOCK LOCK SIEW Neil Behrmann IT'S better than the lottery and there's more to come. Almost 50 Internet companies and businesses planning to sell their services and goods on the global highway intend listing their shares on Nasdaq (National Association of Securities679 words
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258 1999-01-21 13 [SINGAPORE] For two of the most highly-priced local stocks in town, Singapore Press Holdings and Creative Technology are remarkably still pulling in the buyers. Yesterday, the SPH stock closed up 30 cents at $20 on a volume of 971,000 shares while the258 words
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Article, Illustration587 1999-01-21 13 Wong Wei Kong - By' Wong Wei Kong [SINGAPORE] DBS Land's move to buy a controlling stake in Scotts Holdings will boost its service apartment arm and add a prime property to its portfolio, but the impact on overall earnings will be slight becauseFILE PHOTO - 587 words
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COMPANIES
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476 1999-01-21 14 Guthrie sues Indah Puri partner Ang Sons It seeks indemnity against share of compensation; Ang Sons conntersues [SINGAPORE] Listed Guthrie GTS has taken one of its partners in a troubled Indonesian resort project to court, seeking indemnity against its share of compensation to a group of resort apartment buyers. The476 words
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Article, Illustration668 1999-01-21 14 Ven Sreenivasan - STI set to rise another 15-20% this year, says Ong Co chief By Ven Sreenivasan [SINGAPORE] The Singapore stockmarket is poised to rise by another 15 to 20 per cent this year, according to a leading figure in the industry. Ong Tjin An, executive chairman and chief executive of OngARTHUR LEE - 668 words
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Article, Illustration533 1999-01-21 14 Annette Pau - MEW LISTINGS li„. Annette Pau [SINGAPOREJ Homegrown electronics firm GES International yesterday launched the year's first mainboard share sale of 100 million new shares at 25 cents each to raise $23.5 million. The initial public offering (IPO) represents 20 percent ofSIEW YAW HOONG - 533 words
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600 1999-01-21 14 Marissa Chew - With few players in high-end ceramic ware market, firm sees room for growth Marissa Chew [SINGAPORE] Twenty-five years ago, a small ceramics factory was started in Shiwan, a town near Guangzhou which is known as the ceramics capital of South China, to provide600 words
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539 1999-01-21 14 Lucas Low Singapore via Internet - LETTER TO THE EDITOR Lucas Low Singapore via Internet I REFER to my letter "SES should educate investing public on takeover matters" (BT. Jan 14) and the new voluntary delisting rules issued by the SES. Merrill Lynch, on behalf of CSC, con tinues to539 words
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331 1999-01-21 14 Priced at 65.26 cents, they may be exercised at $2.1015 [SINGAPORE] MerriH Lynch yesterday said that it will issue a further 15 million call warrants on the local banking sector at an issue price of 65.26 cents. This is the second phase331 words
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REGIONAL/INTERNATIONAL COMPANIES
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Article, Illustration593 1999-01-21 15 Paul Anderson has started on a global tonr of the group's operations AFX-Asia [SYDNEY] New Broken Hill Proprietary Co Ltd (BHP) chief executive Paul Anderson is unlikely to take any immediate drastic action in restructuring the company once he finishes aAFX-Asia - 593 words
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214 1999-01-21 15 Al Labita - From Al Labita in Manila A LISTED unit of Indonesia's Salim Group yesterday sold shares to a state-owned Philippine pension fund to broaden their long-term investment partnership. In a statement to the Philippines Stock Exchange, Metro Pacific Corp (MPC) said the deal214 words
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286 1999-01-21 15 World's No 1 cement maker pays USs2om for 23% of Huaxin Bloomberg [SHANGHAI] Holderbank Financiere Glarus AG. the world's No 1 cement maker, agreed to buy 23.4 per cent of China's Huaxin Cement Co for about US$2O million (Ss34 million) as the SwissBloomberg - 286 words
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433 1999-01-21 15 Shares down 64% since its statement a week ago Bloomberg [HONGKONG] A board member of Hongkong's Guangnan Holdings Ltd, a food distributor. sold all his shares in the firm the day before the company told its creditors that it was havingBloomberg - 433 words
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146 1999-01-21 15 AFP [TAIPEI] The semiconductor unit of Taiwanese computer giant Acer Inc is targeting a 1999 net profit of NT$l billion (Sss2 million) to end two years of losses, company chairman Stan Shih said yesterday. Acer Semiconductor Manufacturing Inc (Asmi) wouldAFP - 146 words
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149 1999-01-21 15 Bloomberg [SHANGHAI] China is easing regulations that capped the price of initial public stock offerings, allowing companies involved in businesses similar to those of other publicly traded firms whose shares are rising to price their stock at a higher multiple or their future earningsBloomberg - 149 words
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Article, Illustration309 1999-01-21 15 Bridge News [TOKYO] Daiei Inc founder and chairman Isao Nakauchi will relinquish day-to-day control of the struggling supermarket chain, giving his job as president to vice-presi-dent Tadasu Toba, the company said yesterday, according to the Kyodo news service. Company officials said theBridge News; AFP - 309 words
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151 1999-01-21 15 Bloomberg [TOKYO] Nippon Telegraph and Telephone Corp, the world's largest telecommunications company, may buy a stake in Dacom Corp, South Korea's second-largest telephone company, NTT president Jun ichiro Miyazu said. Dacom said last month it was in talks to raise as muchBloomberg - 151 words
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166 1999-01-21 15 AFX-Asia [BERLIN] Siemens AG said yesterday its Transportation Systems Group has established a joint venture in China for locomotives and drive components. The new company, Siemens Traction Equipment Ltd Zhuzhou (Stez), in which Siemens has a 51 per cent stake, willAFX-Asia - 166 words
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178 1999-01-21 15 AFP ITOKYO] Shares in Japan's troubled Mitsui Trust and Banking Co surged yesterday after the bank said it was in merger talks with a rival trust bank. Mitsui Trust's stock was up 16 yen. or 15.4 per cent, at 120AFP - 178 words
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INTERNATIONAL COMPANIES
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564 1999-01-21 16 Software maker beats forecasts 5 quarters in a row; Y2E fears cause spike in sales Bloomberg [REDMOND. Washington] Microsoft Corp. the world's largest software maker, said on Tuesday fiscal secondquarter profit soared 75 per cent, beating estimates, on strongBloomberg - 564 words
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Article410 1999-01-21 16 Higher spending on vending machines, coolers leads to loss Bloomberg [ATLANTA] Coca-Cola Enterprises Inc, the world's largest soft-drink bottler, said its loss widened in the fourth quarter. mostly because it increased spending on vending machines and coolers to spur sales. The loss of US$34 millionBloomberg - 410 words
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334 1999-01-21 16 Bloomberg [ARMONK. New York| IBM Corp, the world's largest computer maker, will report higher fourth-quarter earnings today, driven by resurgent computer sales and new services contracts. The company is forecast to earn U552.45 a share, the average estimate of analysts surveyedBloomberg - 334 words
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Article, Illustration474 1999-01-21 16 Yahoo, IBM and Time Warner chiefs led gainers in 1998, says newsletter Bloomberg (NEW YORKI The chief executives of Yahoo Inc. International Business Machines Corp and Time Warner Inc topped a list of the CEOs whose stock options gained theBloomberg; FILE PHOTO - 474 words
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Article, Illustration305 1999-01-21 16 Paper: They may also have to sell refineries to get merger approved Reuters [NEW YORK] Exxon Corp and Mobil Corp may be forced to sell or sever contracts with more than 1.000 petrol stations and sell one or more refineries asReuters; FILE PHOTO - 305 words
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279 1999-01-21 16 Bloomberg [MILAN] Olivetti SpA. Italy's No 2 phone company, and Mannesmann AG raised their offer for Cellular Communications International to US$l.B billion (Ss3 billion), after CCI investors rejected a previous US$l.5 billion bid. Olivetti and Mannesmann. Germany's No 2 phoneBloomberg - 279 words
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201 1999-01-21 16 Bloomberg [ZURICH] DaimlerChrysler AG, Europe's largest industrial company, said it agreed to buy the 50 per cent it doesn't already own in Adtranz, the world's biggest railcar maker, from ABB Asea Brown Boveri for US$472 million (***** million). The acquisition fits with the German-US company'sBloomberg - 201 words
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FINANCE & COMMODITIES
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193 1999-01-21 17 Reuters [NEW YORK] New York Life Insurance Co has decided not to become a publicly traded company, bucking a trend among "mutual", policy hold-er-owned insurance companies, the Wall Street Journal said yesterday. New York Life was expected to announce later yesterdayReuters - 193 words
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168 1999-01-21 17 Bloomberg [CARACAS] Banco Union SACA, Venezuela's fourth largest bank, said its second-half net income tumbled 58 per cent as provisions for bad loans almost tripled. Net income fell to 5.38 billion bolivars (5515.8 million) from 12.8 billion bolivars in the year-ago period. TheBloomberg - 168 words
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260 1999-01-21 17 Bloomberg [NEW YORK] Michael O'Higgins, a money manager and author of books on investing, says he can beat the Dow Jones Industrial Average by investing in bonds. Mr O'Higgins tells how in his new book. Beating the Dow With Bonds.Bloomberg - 260 words
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Article, Illustration505 1999-01-21 17 Bloomberg (NEW YORK| Five months after Russia's debt default spurred a rush to the safest securities, investors are still shying away from one of the most arcane corners of the commercial mortgage-backed securities market. Interest-only securities, which funnel the interest payments from a pool ofBloomberg; FII.E PHOTO - 505 words
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362 1999-01-21 17 Lending hits records as mortgage rates plunge to 30-year lows Bloomberg [MCLEAN, Virginia) Freddie Mac, the second-largest mortgage financier in the US, said fourth-quarter earnings rose 21.5 per cent, as mortgage lending hit records last year and the company bought a recordBloomberg - 362 words
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245 1999-01-21 17 Top five companies captured 41% of C5326.6b total in '98 Bloomberg [TORONTO] Canada's mutual fund industry ended the year managing C 5326.6 billion (*****.1 billion), a 15.4 per cent increase from a year earlier, according to the Investment Funds Institute of Canada.Bloomberg - 245 words
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Article, Illustration544 1999-01-21 17 Both major Japanese banks to cooperate on pension funds AFP [TOKYO] Two major Japanese banks said yesterday they had agreed a comprehensive tie-up as the troubled industry came under heavy pressure to clean up its act and empty out its huge bad loans.AFP - 544 words
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Article196 1999-01-21 18 Bob Butcher, Jardine Fleming - SXMSDUieports MSCX Singapore Index Bob Butcher, Jardine Fleming THE release of downbeat fundamental data must have been priced into market expectations because it did little to stop the recent rally from grinding ever higher. Non-oil exports for December fell more than the previous month196 words
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200 1999-01-21 18 Juliana Loo,Refco Singapore - MSCI Taiwan fatures Juliana Loo,Refco Singapore THE Simex MSCI Taiwan Stock Index futures plummeted amid concerns that imports and exports were slumping as a result of the Asian currency crisis. The stock index fell 32.65 points following news of defaults in the industrial200 words
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352 1999-01-21 18 ENERGY REPORT Bloomberg [NEW YORK] Crude oil fell on expectations that abundant US heating oil inventories will limit refiners' demand for crude to process. An industry report after trading yesterday was expected to show that frigid weather last week inBloomberg - 352 words
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Article324 1999-01-21 18 Reuters Bloomberg London FEDERAL Reserve chairman Alan Greenspan in his testimony to the Congress hailed the "sparkling" performance of the US economy but warned that still-fragile financial markets and a drop in exports posed risks to the eight-year old expansion. Foreign exchange traders, apparently betting that his bullishnessReuters; Bloomberg - 324 words
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Article, Illustration1347 1999-01-21 18 wterbamk cross rates J(w 0 Euro ftr Dm HK$ Ind Rs Bupiah Y>n Won BM WZ$ Prt Bi Peso s$ Band Sfr NTS Bdrt Pound US$ SIS' m» 0 978 till l %l °®J 4 955 27 ,79 54 358 0 725 7 460 2427 1-186 32.506 24.528 1.074 3.8531,347 words
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Article1975 1999-01-21 18 SICOM rUTURES j„„20 RUBBER (futures closing a at 5.30pm) RSS1 CONTRACTS cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 99 120.00 150 Mar 99 123.50 ***** 123.00 100 1250 Apr 99 127.00 125.25 125.00 700 650 May 99 127.50 625 Jun 99 129.50 275 Jul/Sep 99 132.501,975 words
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Article, Illustration1315 1999-01-21 19 AFP Hang Seng +24L8 STOCKS ended 0.2 per cent higher yesterday in listless trading as investors adopted a cautious stance, dealers said. They said investors were taking a wait-and-see stance on Brazil's economic crisis and the impact on local banks of the financial troubles of Chinese trust and investmentAFP - 1,315 words
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Article, Illustration576 1999-01-21 19 Reuters Shenzhen B Index -0.79 SHENZHEN'S hard currency B Share Index ended at a historic closing low of 48.75 yesterday as fears of sliding 1998 company earnings battered investor confidence, analysts said. The B Share Index closed down 0.79 of a point, or 1.60 per cent, after touching anReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 576 words
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Article351 1999-01-21 19 AFP QWP Index -32.65 TAIWAN share prices fell for a third straight day. slipping 0.5 per cent yesterday as investors took to the sidelines amid uncertainties over the market's outlook, analysts said. The TSE Weighted Price Index fell 32.65 points 6,310.71, following a 0.5 per cent decline in theAFP - 351 words
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Article2428 1999-01-21 19 LONDON Industrials •M«20 Pence 31 Croup 629.000 14.000 A 8 Ports 268.000 -6.000 Abbey National 1310.000 13 380 Allied Domecq 472.000 -14.000 Allied Zurich 926.000 >5.600 Amec 168.000 -2.000 Asda Group 150.400 -0.600 BAT Ind 635.000 -21.000 BGPIc 397.600 -1.400 BICC 66.000 1.600 BOC Croup 822.000 -21.0002,428 words
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Article1587 1999-01-21 19 AFP, Reuters P Nikkei 225 ♦257.61 SHARE prices in Tokyo rose 1.9 per cent yesterday on expectations the government planned massive spending to help the ailing real estate sector, brokers said. They attributed strong buying to a British newspaper report that the ruling Liberal Democratic Party was considering spendingAFP,; Reuters - 1,587 words
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WARRANTS, OPTIONS & REGIONAL MARKETS
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195 1999-01-21 20 R Sivanithy - WARRANT WATCH By R Sivanithy SOON-TO-EXPIRE warrants have always proven interesting, mainly because many enjoy heightened activity as their expiry dates draw nearer. Time decay sets in and conversion premiums swing into discounts as those players reluctant to convert tend to sell out195 words
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Article228 1999-01-21 20 HONGKONG STOCKS Cr Gr 52-Wk Last Vat Day Last Ouola Div CMv VW Nat M Cap High Low St no Company Sala COOP) High Low Buyer SeMer C'vr H P/E $mil 5123 CDL (2000) HK 400 8 24 2 20.5 7744.7 5124 CathayPac20c HK_.720 265 2.1 7.4 6228 words
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Article2148 1999-01-21 20 BONDS, LOANS WARRANTS m 52-Wk Last Vol Day Last Quota Avq High Low Stno Company Sala *or- <0001 High Low Buyar Seller Price 20.5 3 3160 "Acer W*****1 USS 14 0 5 103 14 5 13 5 13 5 14 35 4.5 3164 Acma W*****4 22 »0 5 787 23.52,148 words
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Article265 1999-01-21 20 AFP fl Wellington +24-92 SHARES rose 1.1 percent yesterday on heavy volume, continuing a rally that saw the market barometer hit an eight-month high the previous day. The NZSE-40 Capital Index closed up 24.92 points at 2.219.62. Turnover was worth NZ5159.8 million. AFP MS 1000) ANZ Banking 12 50AFP - 265 words
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Article, Illustration755 1999-01-21 20 AFP P SET Index +8.40 THAI stocks climbed 2.2 per cent yesterday on improved sentiment overseas and speculative buying in bank stocks, analysts said. The SET Composite Index rose 8.4 points to close at 394.85 points "The market has been boosted by regional markets, lower deposit rates, and aAFP - 755 words
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Article461 1999-01-21 20 AFP O Composite Index -4.69 SOUTH Korean shares inched down yesterday with early gains offset by profittaking, dealers said. The Korea Stock Exchange Index closed down 4.69 points at 613.43, off a low of 611.74. The benchmark corporate bond yield was flat at 8 per cent. Trade was volatile,AFP - 461 words
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Article596 1999-01-21 20 AFP Q All Ordinaries +16.9 SHARE prices closed up 0.6 per cent yesterday, rebounding from initial losses as the market tracked Wall Street's performance, brokers said. The All Ordinaries Index closed up 16.9 points at 2.872.7. The All Industrials Index closed up 33.7 points at 5.179.0. The All ResourcesAFP - 596 words
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Article324 1999-01-21 20 AFP Manila +4255 wmmM PHILIPPINE share prices closed 2 per cent higher yesterday as investors cheered the central bank's decision to lower key interest rates. The Composite Index rose 42.55 points to close at 2,146.39. Turnover fell to 661.7 million shares worth 2.07 billion pesos from 986 million sharesAFP - 324 words
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7233 1999-01-21 21 2 Vol Day Lait Ouota Olv Dlv VM Net Cap Avg High Law StNo Company Sala COOO) High Low Buyar Sailer C'vr P/E Smii Price MULTI-INDUSTRY 142 17.5 ml IOOO AcmaSOc 81 I 439 83.5 79 5 79.5 81 27.5 I 17 5.7 1347,233 words
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Article1430 1999-01-21 21 Cr Gr M Wt 52-Wk Last Vol Day Last Ouot« Div Dl« YM Nat Cap Avg High Low StNo Company Sato COOO) Hlqh Low Buyar Salter Cvr P/E $mll Price MANUFACTURING 243 30 e 2049 AS Auto 10c 113 *1 1118 117 1KJ 112 113 15 N 7 131,430 words
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STOCK EXCHANGE OF SINGAPORE
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Article411 1999-01-21 22 Stocks Volume SembCorpI 25c 26,016.000 ST Engg 10c 16.502.000 SingTel 15c 13.342,000 Poll Lian 10c 9,618,000 MCI Land 9,153,000 UICW99 9,081,000 MMI Hldgs 10c 8,862,000 Flextech Wt02 8,518,000 KepTatlee Bank 7,536,000 Circuits Plus Hldgs 6,945,000 Stocks OCBC Foreign 70,234,195 SemtoCorpI 25c 63,327,659 UOB Foreign 58,432,461 DBS Foreign 58,174,514 SingTel 15c411 words
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Article, Illustration676 1999-01-21 22 R Sivanithy - STOCK MARKET COMMENTARY STI ends up just 1.17 points after a bright start; worry also about state of overseas markets R Sivanithy [SINGAPORE] After a bright start, local stocks yesterday gave up all their gains to close largely weaker on news676 words
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OM THE GRAPEVINE
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Article106 1999-01-21 22 OUR spies have seen Tommi Goh, founder of listed JIT Holdings, loitering around Ridley Park, a prime residential enclave in the Tanglin area. It seems Mr Goh has recently bought over a piece of bungalow land across the Tanglin Park condominium and he is rumoured to have106 words
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Article88 1999-01-21 22 THE ongoing court case where City Development Ltd is being sued over a supposed shortfall in the "built-in" area of a bungalow may be interesting to developers and the general public, but it sure wasn't the case for the court attendant. The attendant was frequently88 words
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Article67 1999-01-21 22 WOULD you like to start your day with a cartoon on your computer monkor poking fun at business issues such as venture capital, entrepreneur ship, employer-employee relations, the stock market, and so on? There's a new service now available, from 3i Group pic, a European venture capital company.67 words
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Article95 1999-01-21 22 THE market has been speculating about the fate of "Anwar's boys" in corporate Malaysia since the sacking of the former deputy prime minister in September last year. Ahmad Zahid Hamidi his political ally who alleged widespread cronyism, corruption and nepotism in a bid to discredit Prime95 words
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Article62 1999-01-21 22 THE signature of the former governor of the Malaysian central bank an ally of former deputy prime minister Anwar Ibrahim will continue to appear on some new notes in the country. The signature of new Bank Negara chief Ali Abul Hassan Sulaiman will only be62 words
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Article, Illustration50 1999-01-21 22 Wong Wei Kong - -By Wong Wei Kong SEMBCORP Industries rose $0.07 to $2.41 yesterday on a volume of 26 million shares, compared with its 10-day traded average of 12.2 million shares. The daily and weekly RSI and Stochastics are sending out overbought signals, as are the daily and weekly MACD charts.50 words
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Page 13 Advertisements
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Advertisement69 1999-01-21 13 Another TAT HONG milestone: convertible notes t This announcement appears as a matter of record only TAT HONG HOLDINGS LTD 557 t 500,000 Principal Amount Convertible Notes Due 2002 Arranger Citicorp Investment Bank (Singapore) Limited December 1998 CITIBANK* J Citibank is proud to be Tat Hong's arranger Citicorp Investment Bank69 words
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Page 14 Advertisements
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Advertisement271 1999-01-21 14 Goods Services Tax Workshops For those requiring hands-on practical experience to understand GST, we are conducting GST workshops on the dates shown below. The workshop is particularly relevant for those responsible for preparing or reviewing GST returns in any industry The course will provide a sound basis for handling the271 words
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Page 15 Advertisements
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Advertisement208 1999-01-21 15 21 January 1999 EES GES INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 10 July 1986) INVITATION IN RESPECT OF 100,000,000 NEW ORDINARY SHARES OF 550.20 EACH COMPRISING: I. 25,000,000 OFFER SHARES AT 550.25 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER; AND 11. 75,000,000 PLACEMENT SHARES AT208 words
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Page 16 Advertisements
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Advertisement1627 1999-01-21 16 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 THE CENTRAL DEPOSITORY (PTE) LIMITED THE TERMS AND CONDITIONS FOR THE CENTRAL DEPOSITORY (PTE) LIMITED TO ACT AS DEPOSITORY FOR WARRANTS ARE HEREBY AMENDED AS FOLLOWS. THE AMENDMENTS SHALL TAKE EFFECT FROM 21 JANUARY 1999. TERMS AND CONDITIONS FOR1,627 words
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Page 17 Advertisements
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Advertisement472 1999-01-21 17 teiPMWORLDWIDE I Bjlfcfijr One of the largest global fund management institutions with over US$2OO billion un<J er management. Prudential Portfolio Managers (PPM) is expanding its W m operations in Asia. Presently, we are seeking dynamic individuals to join our 1 i Singapore office for the following newly created positions: ASSISTANT472 words
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Page 19 Advertisements
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Advertisement10 1999-01-21 19 HOCK LOCK SIEW Takes you behind the news TheßusinessTimes siauArott10 words
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Page 20 Advertisements
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Advertisement77 1999-01-21 20 f calling about >y /See...l told\ The card we're\ the computer I y° u this was a making for Susan I I advertised in gOC)C^ea 'l/ Yup, we got what V is going to be J Straits Times A s 1 I we wanted because real nice! pW J jlfc77 words
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Advertisement51 1999-01-21 20 ♦The Jakarta market was closed yesterday for holiday BUY/* SELL** FIND,/ Classified ads are purr...feci for finding lost little kittens. No matter what it is, you can always buy it, sell it or find it with the Classified. TOLL FBI 1800-737-*****2k Call Today For Results Tomorrow. Strait Talk TheßisinessTimes Shipping51 words
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Page 21 Advertisements
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Advertisement11 1999-01-21 21 E FULL USE OF TODAY /V THE BEST PREPARATION for TOMORROVW*11 words
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Advertisement31 1999-01-21 21 snnH^w^ra| View ROT (A SM R N WATCH. LUCKY fIAZA, #01-74, »0l «6/«7/»» ORCHARD ROAD Till 734 3139 DIIUXI lAST I R N WATCH. CINTRIPOINT, *01-19/30 ORCHARD ROAD TIL: 1)5 233631 words
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Advertisement7 1999-01-21 21 Imagination V //2()/'C IMPORTANT t/)cin KNOWLEDGE f7 words
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Page 22 Advertisements
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Advertisement398 1999-01-21 22 To advertise call toll-tree 1800-741 1883 llv I ivtlM Fax No: 741 1298 INVITATION TO BID Date 21st January 1999 Bid No: IFB-MAA/PPSS01/99 MALE INTERNATIONAL AIRPORT FUEL STORAGE EXPANSION AND UPGRADING PROJECT The Government of the Republic of Maldives represented by the Maldives Airports Authority wishes to invite sealed bids398 words
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Advertisement321 1999-01-21 22 NOTICE IS HEREBY GIVEN chat I, TEO BOON SIEK of Blk 334 *09-254 HougangAve 5, Singapore *****4, have applied for a Public House, First Class Licence in respect of iM/s Say Yes KTV Studio located at No. 424 Giffard Mansion *01-06 Balestier Road Singapore *****0, and that this application will321 words
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Advertisement397 1999-01-21 22 THK COMPANIES ACT. C H AP! KR 50 Scctkxi 2VO< 2 M b i NO IKK OK RKSOI l/TION RAINBOW lOIOIR SERVICE PTK LTD (In MembciV Voluntary Liquidation) Al an hslraordinary General Meeting of Rainbow Colour Service Pie I .id held al 6 Bailer) Road. #32-00. Singapore *****9 on the397 words
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Advertisement73 1999-01-21 22 fflive your a higher p profile Publish your Chairman's y% statement in the Pv newspapers. It will be y seen by over a million people. Fax: 741 1298 or call toll-free: 1800-741 1883 HHHv. CARD GAMEv ANYONE? JTw /£< If you're into phone and MRT cards, get in touch with73 words
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SHIPPING TIMES
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Article329 1999-01-21 23 Bridge News, Reuters RATES are being talked higher for US Gulf Panamax tonnage for loading now through to early February, but so far there has been little reported fixed. Brokers said around U5513.75 has been talked for a US Gulf/Japan cargo in the paper trades for January. FromBridge News,; Reuters - 329 words
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Article274 1999-01-21 23 CWT Distribution 0.65 -0.015 123" Chuan Hup 0.979 -0.019 73 Co*ce invastmant 0.93 unch 10 FrataM Links 0J99 *0.009 3993 G8 HoMngs 0.435 unch 7 Hal Sun Hup 0.50 unch 390 HtUchl Zoaan 0.79 IMCIHMnqt HK 5.60 Java Holdlnqs —0.525 -0.035 90 JuronqSNpyard _7JO *0.09 14 KappaiCorp 4.64274 words
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267 1999-01-21 23 Union members were encouraged not to work on New Year's Eve: Aussie stevedore firm Bridge News [SYDNEY] Australian waterfront company Patrick Stevedores plans to launch a Federal Court action against the Maritime Union of Australia (MUA), claiming it encouraged members to defy anBridge News - 267 words
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Article, Illustration345 1999-01-21 23 Boom in Asian imports boosted throughput handled last year Bloomberg [LONG BEACH, California] The Port of Long Beach, California, the No 1 US harbour, broke the US record for shipping volume last year, powered by a year-long boom in AsianBloomberg; FILE PHOTO - 345 words
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Article, Illustration615 1999-01-21 23 Felix Chan - MiUPSHAPE By Felix Chan HAVING spent the last 28 years researching the international shipping markets, Jarle Hammer thought he'd seen it all, that is till the Asian crisis broke and sent shockwaves beyond the region. "We can all agree that last615 words
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465 1999-01-21 23 Rajendra Bajpal - Prom Rajendra Bajpal in New Delhi A PROPOSAL to corporatise India's Jawaharlal Nehru port (JNP) and Ennore port will free them from seeking approval of the statutory authority for tariff revisions, officials said. This will benefit the465 words
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263 1999-01-21 23 Marcus Hand - By] Marcus Hand [SINGAPORE] Foreign tanker owners involved in Brazil's coastal trade are being hit by huge fines and denial of access to berths by the Brazilian authorities, Bimco warned this week. According to Bimco, or the Baltic and International263 words
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Article, Illustration1137 1999-01-21 24 SHIPPING CONTAINERS Rotterdam serves a balancing function for empty containers due to skewed trade between the Far East and Europe Port of Rotterdam EMPTY containers cost money and transporting them costs even more. Since the recent imbalance of trade between the Far East and Europe, playingPort of Rotterdam - 1,137 words
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Article218 1999-01-21 24 PAGE Dj* Lloyd 8 Aa 6 Dongnwu 3 ANL 3 ECU Line 6 Accord 8 ECL 5 AppensMp 5 6 Austral 8 GUl 4 Bal#Shpc 4 Gem4rtr 7 Hoi Sun Hup 8 B'tongMos 8 Hdnfl CON 7 3 CMA 8 HWn9 A 4 COSCO 5 'ST I218 words
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Article14665 1999-01-21 31 THEBUSINESSTIMES EXPORT ETA ETA Advortlsar Vnul Voyaga TWaphona ETA ETA Advartlsar Viiui Voyage Talaphona SM Oaat*n Nmm Nam* Numfcar Number SIN OmTk Nama Nama Numbar Numbar 10/02 0/03 MSC Agy MSC YOKOHAMA V.OM 15-****** So2 2stw C#t °i£2£ To BUENAVENTURA (BUN) 2039 Colombia J****** 45-*****77 30/01 23/03 ClanS14,665 words
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SHIPS IN PORT
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Article552 1999-01-21 34 Vmm< Voy Wo —rt» Arrival Pe»ertero Jmital Mullein 02* J12 alongside 20.01/1800 ■rttof 1 16/96 J03 Honqsid* 20.01/2300 0««KVt*2 *****9 J01 tkoaqiiii 21.01/0000 Btang Jaya 1/99 J13 itonqsid* 20.01/1000 Baaga Kaalaa 3K JK alongside 22.01/2300 EtaBa 0199 J15 atongsidt 20.01/1900 Gaaia 4 02/99 J02 alongside 22.01/1000 fcraat Mlffv552 words
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Article1457 1999-01-21 34 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO BooMm/Mmc* Ritts SMp Voy Mo Etfc/Btr Nrlod Frw To Frow MIHHI2 136AM 23/1300 M 20/1500 20/89* 20/1*00 20/1500 20/165* 20/1*00 a 20/1700 2V065* 2V090C 29 20/1700 21/0*5* 21/0*00 1 21/070# WW 2VH00 4 2V1200 2VM5* 21/1700 faarM MS 2V0300 M1,457 words
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Article214 1999-01-21 34 Ml Thailand.: Makha Bucha Day. Mlt China: Chinese New Year Eve. Taiwan: Chinese New Year Eve. United States: Washington's Birthday Holiday. MM Brunei.: Chinese New Year. China: Chinese New Year. Portugal: Carnival. Singapore: Chinese New Year. South Korea: Chinese New Year. Taiwan: Chinese New Year. Fmbl7 China: Chinese214 words
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Article754 1999-01-21 34 THIS report, compiled by Cockett Marine Oil Lid. shows price ranees In US dollars instead of single prices for a mors comprehensive description of the market Prices shown an baaed on averagesized stem. Market movementa are indicated. The Cockett Bunker Price Index change and the individual754 words
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Article382 1999-01-21 34 CartM HO Ma 991 2 0.5 *.4 0.10 127 0.0* JmH NhRt Mh MmMm tad Si—Mt N>moM£23 1.0 S 0 2 0 380 AM 968.5 0J Hi 0.04 25 0.02 (ni 380 Mu 9K2 15 19.8 0.12 54 0.00 »»A »M/M »H/M mm mmmi Mo«bow635 >382 words
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AIR & LAND TRANSPORT NEWS
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380 1999-01-21 35 Asia-Pacific still a major growth area despite recession: lata official Reuters [NEW DELHI] Air traffic growth in Asia may not be severely affected by the region's economic crisis, a senior official of the International Air Transport Association (lata) said. "Whichever way youReuters - 380 words
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Article, Illustration416 1999-01-21 35 Reuters [HONGKONG] Cathay Pacific Airways Ltd said on Tuesday it was encouraged by the positive response from cabin crew to the company's proposal to resolve a pay dispute. The Hongkong flag carrier said in a statement it had received 2,236 responses out ofReuters; FILE PHOTO - 416 words
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Article, Illustration387 1999-01-21 35 AFP [DETROIT, Michigan] General Motors (GM) will replace its ageing Opel plant in Russelsheim, Germany with a new facility in the same locale, Automotive News reports. The Detroit-based weekly quoted Rick Wagoner, GM president for North American Operations,AFP; REUTERS - 387 words
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Article, Illustration530 1999-01-21 35 Loh Hui Yin - Fall doe to economic crisis, fiasco at newly opened Chek Lap Kok airport From. Loh Hui Yin in Hongkong HONGKONG'S major air cargo operator saw its throughput fall by 6 per cent to 1.59 million tonnes last year, because ofFILE PHOTO - 530 words
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LOG Book
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Article64 1999-01-21 35 Xinhua [HAIKOUJ Hainan's Mellan International Airport will open soon after being given the green light by aviation experts. The airport covers an area of 569 hectares and has a 3,600 metre runway. Construction on this key project began three years ago and it costXinhua - 64 words
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92 1999-01-21 35 AFX-Asia (TAIPEI] China Airlines (CAL) subsidiary Mandarin Airlines is expected to complete a merger with Formosa Airlines by Aug 1, the China Times Express evening newspaper reported. Following the mergßr, Mandarin Airlines will be the surviving company and will fly the domesticAFX-Asia - 92 words
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46 1999-01-21 35 Reuters [NICOSIA] Passengers travelling on Cyprus Airways rose by 7.7 per cent in 1998 over the previous year, the national carrier announced. In total, the airline and its charter subsidiary Eurocypria carried 1,719.000 passengers last year over 1,596.000 in 1997.—ReutersReuters - 46 words
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Article1557 1999-01-21 35 OTT FINMT CIA UW BO S***** 2359 AOMO* BA7301 1930 BA7302 20S0 FMl S0909 178 S0990 0130 oroi mo oraz 2050 o—mzmbk S0003 I9R my oos AJM229 2230 2035 $0004 1015 I L ?S52 VK7« 1310 "***** >410 Wfn VN743 19^5 *?4 SS EE S E21,557 words
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AIR CARGO SUPPLEMENT
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Article678 1999-01-21 36 Marcus Hand - By] Marcus Hand ■C ESPITE the refion'B economic H H crisis, and a year that most would admit was "challenging", air cargo and express operators remain bullish about the outlook both for this year and in the long term. Most carriers remain satisfied with their678 words
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Article, Illustration681 1999-01-21 37 Felix Chan - This will be in sharp contrast to the present trend of less traffic growth By Felix Chan BY the year 2017 aircraft manufacturer Boeing has forecast that annual growth in cargo capacity will fail to meet overall traffic growth, in sharp contrast to theSource: Boeing; FILE PHOTO - 681 words
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Article461 1999-01-21 37 Michael Drake - The firm is betting on faster services and innovative products By. Michael Drake The writer is managing director, TNT Express Worldwide (Singapore) THE recent global launch of TNT Express Worldwide's new corporate identity in September last year marks an important new era for TNT461 words
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Article, Illustration760 1999-01-21 39 Customers can now 'pull' whatever they need ont of the system WHEN one thinks of logistics in Asia, the traditional model of logistics, that is transportation plus inventory management, may still come to mind. However, soon this notion could be a thing of theFILE PHOTO - 760 words
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Advertisement25 1999-01-21 23 Shipping containers Profiting from right logistics Rotterdam serves balancing function for empty boxes due to skewed trade between the Far East and Europe. Pmgß 225 words
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Advertisement73 1999-01-21 23 Asia's air traffic not severely hit by crisis Asia-Pacific still a major growth area despite recession: lata official. Back Page vVv 3aa o -LiTTTTriiil/ mi H iiiil -j cpi O CD D 1 fi i rii Any Destination, Any Time. Sailing schedules to the A m ericas c\: 111 or73 words
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Advertisement746 1999-01-21 24 [BUPOT BHUTTH EXPBBSB I ["1 IflUtf VOM6C 101 SIN VtSSfl VOT JU DAM MM MO RAI CM HG "ST" ooa nrriUN 21 wsoi 04/01 24/01 00a Mt* 31 WSOI 13/01 Jl/01 NTIVMOO 1M M/ 01 01/01 00/01 10/01 IS/01 10/01 M/ 01 14/01 ooaouramu 3swso3 10/01 07/0J mbuoyo van nis746 words
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Advertisement632 1999-01-21 24 ljnes A services represented -'10-] by Members o< the Registry erf vMKy Accredited Srtppng Agents, Ni sS£ll> Singapore Shipping Association Members of the Singapore Freight Forwarders Association CARGO FROM PORT KLANCVSINGAPORE JAKARTA etapkl eta sin eta male vim mmm nmm \%mm Ft*—ue mm nmm •imm mmm LUX MARINE SERVICES SINGAPORE632 words
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Advertisement1046 1999-01-21 25 SAX SCTVKI (MRECT) Vg» WY sura UX lOM I DM I HOU 01 CO! I I 111 I MTC mwana obi 27/01 11/02 i*/02 i*/02 17/02 17/w \im \im 10/02 10/02 oisimomtx 00* 03/02 u/02 23/02 24/02 23/02 24/02 M/M ~8/W~ 25/02 APIKMMOAIM OCT 10/02 25/02 02/03 02/03 03/03 02/031,046 words
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Advertisement1608 1999-01-21 25 HANJIN SHIPPING ■MM SNUMM(9miII h*//W b|i n WOKIK *****35-237 SM& 32M724- 231 OOQNBI *****71 274 OKMMM: 32M841-252 MMIUM *****55 Fil :222HM OM lISMI3NM TO NW USA A CANADA USA CANADA* FT] wvsuwr |mm imhau/vot su no |n m oi m m am nt —n»S m ru m KINAMMGMB 14* 17*1,608 words
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Advertisement305 1999-01-21 25 KMTC provides LCI consolidation to Koroa, Japan Oatports China on every WEDNESDAY, FRIDAY. For enquiry, please contact us. Tol: 220 8558 frMHfilm** MtMSU I I ll im+t>|MriiiS4imd i I teiwm/nwns mbtwsh mm-tsumz MiMHIM u fU ILMMiAI M 14.HU114 |IiMI J jmrnii nntj Jin. W ajSwutfti snri//wwtuunccDja (Mi7-isnm <M*7»inwe I SHREYAS305 words
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Advertisement1155 1999-01-21 26 DSR-SENATOR LINES TOtraCONTTNENT TOMBMBBBANKANCAHAPA |WT IMI LfH HTM M HOW WW FU KMH. VOT BR BT Bf FOS 818 |MM Inn I ii k hb iib im um oh nknca wmm rv bb n ub hb HMUMMKaOMA I MM7I2MI 111 M.B 118 H B 178 118 BUMQHAIKMATOR WMM7 »H 141,155 words
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Advertisement599 1999-01-21 26 roSl'flfi' rN/VJ eeiWiisewfwewE lwi;(oMtitt7i HMU-maMMtti PWAMfc (04) ****** BANGKOK <012) *****87 SURABAYA***)2OIOOO R MELAMQ: (<g) *****77 JKE (21) OMOOIO7 MOW: <01) 844M8 KUCHBOO(QBQ *****1-3 BARCELONA SURABAYA MV "PONI JAKARTA" V.8526 MV "KOTA SURIA" V.SUR4S9 ETA SIN: 27-1 -99 FTA SIN: 27-1 -99 7 SHANGHAI VANCOUVER MV "DANUBE" V.542E MV "HANJIN599 words
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Advertisement426 1999-01-21 26 UNI gy Wh IMMM BOi WtlHl ■wwa i r LanuaH vissa w m fa rasa wr in m srauwMu sran m wmMHtna/m ao 23/01 caiaiam-32 voh/m uo 24/01 SItUfSWR MS/NI/tlll/K SSSSSSSSSST SKSSOT [KTMNABALU I KUCHHd i vcsa vor no n* rasa vor no en van a sroti km CMMUMMJVW/W ft*426 words
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Advertisement1102 1999-01-21 27 VBBBBL VOV SIM PKO PEN W DUB DAM 1 BMJ I BA I BMC I BUN TABATABAEI PJLI33I 25/01 04/02 07/02 03/02 06/02 07/02 BIANTEYFOUM PJLI32B 00/02 10/02 18/02 18/02 17/02 18/02 BIAN BAKERI TBN 13/02 23/02 26/02 22/02 24/02 26/02 BtAN BATTARI TBN 20/02 02/03 06/03 01/03 03/03 06/031,102 words
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Advertisement1630 1999-01-21 27 jia«pMM ntim ma am IM«n,CMNHIiMMMM I 8 B— A M 6 MPwVIW VVfvliv JRn Vm wf Mflk Mrti <1 >ii»hnii. l I SSSfJS'iSSSfLiPSE; 4 S*MTO« WAY TEL *****00 FAX: *****01 OUTWAJTD (l/L) 420S«0^3wK03»Clb^^^^^^| I COSTAR SNIPPING PTE LTD •17-MNSBLO6 SAUS/WGS *****57/ M INWARD DIPT(D/0) *****1S COSTAR AGENCIES (M) SDN BND1,630 words
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Advertisement448 1999-01-21 27 °*°LOAD MUMBAI/DUMI/DAMMAM I CALCUTTA/CHITTAGONG MV TIN" MV "SPRING TRADER" VOY. 26 ETA SN 25/01/99 ETA MUM6AJI3/02/99 EU9N 26/01/99 EUCAL3I/01/99 ETA DUBAI 18/02/99 ETA DAMMAM 22/02/99 ETA CTG 03/02/99 MUARA MV "OftANOC SKY" VOY.S9 MV "CORAL HERO" VOY. 14 ETA SIN 28/01/99 ETA MUA 31/01/99 ETA SN 28/01 /99 EU MNL448 words
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Advertisement1226 1999-01-21 28 I e uiicutdum. ra JS2, ffSL THP nE LHV LHV THP ROM ANW HBG PKL SGP I I tJS US 1525 l 7« E R00,40 r«t KAI nil Ml 2UI 2MI I f £22££2£? »H US 25S 22? 8/8 14/K OENOVARE-oji 11/01 12*1 1«1 04*2 UNION RW-019 |03/t2| 2S« M*31,226 words
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Advertisement1009 1999-01-21 28 _r" ADVANCE CONTAINER LINES (PTE) LTD A 1«0 Cacfl9kwt, #1240, PtLßuN<*ng.Slngßpor« *****0 **V L TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CB NO. **********0 C OPERATIONS: *****00? *****06 SB 1 JAKAKTA (Wwkly 9 Sigt MM Sl|t LCM/1 Sl| BVT) )T ft-TiTTnM ——s v*ssr Ivor «n Ivor k, MAIHUBHUM 399N1,009 words
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Advertisement536 1999-01-21 28 risk NANTAI LINE FUUY CONTAINER ISH> SBtVKE TO MAURITIUS SOUTH AFRICA rasa vDT|an|wii|m»|jw|cw|io MNUOUra ¥.0325 24/01 04/12 01/02 11/02 12*2 15/12 WraiMtfON torn 04/02 15/H2 lf/B 22/12 'W~~ mnirmg ***** "u/02 27/02 g/p Ml WOTUWIUS t>325 lf/02 21/D2 K/»3 y/p imT GouaoMw mis b/p 11/03 15/10 ii/m »/n mrcurmra ups536 words
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Advertisement438 1999-01-21 29 M MYANMA \BBBk FIVE STAR UNE 1 (Mytaaw HUM Um) Looding for Yi«|m (leegwe) vissa voy sw m m rau MWB 2W 5U PMYA 144W WPI MALAYSIA AfißfTV: OOUSTiAA SMPPM6 AGiNOES RNk TH (13) ***** M ML TE (13)374*111 PMe TH (M) *****02 KUk TH (17)*****21/4 BANK LINE (A Mrfki438 words
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Advertisement1181 1999-01-21 29 HMNG* HYUNDAI MERCHANT MARINE CO., LTD. ivesa vot| b sou im rail ahtihami mvi m voyi sow B iron m kmi! ml^^Oi MAMAZOMTI 020W 21/01 01/02 13/02 10/0] 11/02 Ht m—MM 31 tf 21/12 02/01 10/12 31/12 21/01 lAUMI 52SW 22/01 13/02 12/02 07/02 04/02 NOIKMt OOtf 01/01 07/01 04/011,181 words
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Advertisement1020 1999-01-21 29 V V in> ipiiutmf ounommeo ut^SXS Wilhelmsen Unes TO WORTH AMD UIW AMCTK* *Ro#o HUVYUFT SERVICE" IVKSB, VOV Uif HEIGHT SIN LAX CM. MU JAV Ml TflS MY< WW MQt taubot FW3 4001 m um 5W "875T *****" ~0575T 3775T "5075T WH~ "n7iT WH~ WW" TAMPCRf F904 4001 m 6JM1,020 words
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Advertisement1914 1999-01-21 30 |*HWCOIC/IWTAW<UT/L*«»ICHWWOI I 4A*kk<tkl*k■■■ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN PAWU BHUM 28N In Pt 24/01 23/01 OURU BHUM ***** In Pt 24/01 MATMU BHUM 388N 23/01 27/01 2MH AWRO JAYAKARTA* 071 23/01 28/01 ACX JAD6 38N 24/01 27/01 28/01 ACX RUBY* 408 28/01 28/01 YAMTRA1,914 words
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Advertisement18 1999-01-21 30 CONTAINER SERVICE TO APIA VAVAU NUKUALOFA PAPEETE PAGO PAGO PORT VILA RAROTONGA NZOL CAMPAIGNS V. 02S/99 ETA 07/02/9918 words
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Advertisement35 1999-01-21 31 I NEW AI )VE RTIS E RS/S ERVIC: ES/A(, ENC! II S DIRBpT SERVICE i to nfooNES*# PT. Petayaran Meatus Page 6 z -m Newsservice To Shanghai Wan Hai Ljqtes Page 5 L 1 d35 words
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Advertisement26 1999-01-21 31 Ahmbb jm Jfc t H^li Check It Qut On Page 13 d DlRjfcT J to Calcutta?a Q&to Shipping J 7 f 9f bd/Fri) JLA d i26 words
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Advertisement154 1999-01-21 33 t l n FREE Reader Enquiry Service cut out and Fax to 65-*****29 HnnnnKniiKfiHn Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of154 words
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Page 34 Miscellaneous
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Miscellaneous119 1999-01-21 34 LfGENO: R Thunderstorm Temperoture c A, y Shower Weother Wind direction with speed in knot* Rain \J Cloudy Sky Wov Surface winds ore mdicoted by orrows wbidi Hy witfc tk# wind O"* c* 6l r "presents cokn or light ond variable winds One half Heche represents 5 knots I——• One119 words
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Advertisement147 1999-01-21 35 NOTICE TO TRADE CHENNAI/COLOMBO, W CHENNAI/PORT KLANG, W CHENNAI/SINGAPORE, W OPERATIONAL COST RECOVERY (OCR) Members of the Chennai Feeder Operators (CFO) have reviewed the current situation at Chennai. There have been some improvements in the tumround/port stays of vessels at the port of Chennai. In view thereof, Members of CFO147 words
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Page 36 Advertisements
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Advertisement88 1999-01-21 36 I awHongkong llolab air c»»L-> DHL, the first air express company to deliver from Singapore to the United States, introduces 4VK^E^VF J9 First. It s the easy way to get just about anything to the USA. We'll pick up your package, JHM^^mm 3[ J Z2 organise customs clearance and express88 words
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Advertisement100 1999-01-21 37 KSiIICTfLiMM 1 v *MMK§ fc LIUM J]^(j&MkU|MfiSK^^HßHß f i r ii* 1 llfßlHKSjßof^^Hl^^^^^^H \vj /fftMIUnHHH^^H v ft ft Time definite... ...definitely on time! m CtaJShS«nfk I*MH _l to. Pro td.X td.Ftash As we approach the new millennium, Lufthansa Cargo's time definite services continue to revolutionise the air freight business. Featuring100 words
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Advertisement64 1999-01-21 37 \OHiO EXPRESS INTERNA LTD Member of Hmmrao ■r m wm •SWNDAR .-j.< lluxoNCMfc SEMA I L J KUALA BEUUT II H i II v m Best To L 'x X Mjifeßv Agent For M L Royal Brunei Airlines Other Destinations: Vietnam, China, Hongkong, United Kingdom Blk 219 Henderson Road #04-0364 words
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Advertisement56 1999-01-21 38 THE ONLY THING MISSING IS SWIFTRIDER. i 1 |N i ll ill If li Pi li r_, i:': 3P a 4s i?-. t T§§: |J• IgSi tf*:W *V "Itf l i j(L i %v i" i -c^V^'v-; N. t 3 j V, v. -*v v y L JBBBy V* "A--irjs..56 words
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Page 39 Advertisements
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Advertisement129 1999-01-21 39 ON TIME. EVERY TIME. TO THOUSANDS OF CITIES BUSINESS CENTRES WORLDWIDE. 1 v -2**• Jt v CaWM*** fil#iif T !,l>t SKI w« aMMEi raffßßßMWteh. BBBjBHBfcIW ;j§L W Hs#* >- BtPPW^ .dyMMMML -j;-- |4,y# I Kfl BP* jJfl B V-- s jiiff^ Jfl M M a r v That's why so129 words
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