The Business Times, 12 February 1999

Microfilm: NL21381
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Masthead
    11 1 STheBusinessTimes MTTA (P) 04M2/98 85t SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, FEBRUARY, 12,1999
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  • Article
    MARKET SUMMARY
    48 1 DlSff.IT (+70.61) liiw U M6J6 (+28.35) PlflODaruimi LJ HMO (+9.60) BBS"— KL8EOOH* MUi ♦MM mrim nmd HAN088N0 ****** >7147 SET INDEX SO* 1JI JAKAKTA OOlfi* 40LM +U7 MANILA COMP ljBliil U Tiinnm ntmi SEOUL COMP BtM 41 CLSA CHINA B Ckmi AUSTALLOKD XtflM >ttl DOW !!*Sa5LJ!S
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  • Article
    FINANCE
    62 1 Utt 81 on LM7 gg&sus!=»■ DM L7S7 U77 YHI 114J L47I Bl SIM M44 an 7.741 Ut8 BAHT MM MM WFtAl MM—MM* run im 8W6AP0RE* Ml KUALA LUMPUR 11 J* JAKARTA MM BAHQHOK 14.71 MAWLA SIM BONO MONO MA TAIPH &M SYDNEY TOKW SM SEOUL 14J6 3PJMCH. i 1,11
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  • Article
    MAS to take bolder steps early in bank liberalisation
    786 1  -  Specific measures being worked out; announcement soon By* Anna Teo, Clarissa Tan [SINGAPORE] The Monetary Authority of Singapore will probably stick to its five-year plan to open up the local banking sector, but will "take bolder steps" In the first few
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  • Article
    China's industrial output surges 17.9% in Jan
    497 1  -  Clear sip govt's pump-priming efforts are having an effect By\ Lu Ning [SINGAPORE] China's industrial output soared an unexpectedly strong 17.9 per cent last month a clear indication that the economy is accelerating as the government's pump-priming efforts last year begin to kick
    497 words
  • Article
    Singapore stocks stage surprise 5.5% rebound
    368 1  -  Gains led by bank stocks; analysts remain cautious By Ven Sreenivasan [SINGAPORE] Singapore stocks roared back with a vengeance yesterday, with the benchmark Straits Times Index leaping 70.61 points or 5.5 per cent to 1,357.17. Dealers were taken aback by the volume of buy
    368 words
  • Article, Illustration
    DBS hires 4 top managers in corporate revamp
    831 1  -  By\ Catherine Ong, Siow Li Sen (SINGAPORE] DBS Bank has unveiled a new corporate structure and hired four top managers as part of a move to help It "close the gap with the best of the best" In International banking. The latest
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      218 1 While the currency crisis has made regional econmies more competitive, Singapore has a 3-to 5year window of opportunity to restore its edge, say« Prime Minister Goh ChokTong.PfS Federal Reserve chairman. Alan Greenspan says Congress should consider a two-stage process' that first allows banks, insurance and securities firms to combine. His
      218 words
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      13 1 Keppel ohiaid up after investors take stock, Pg 13 Market reports, Pgs 20-23
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  • SINGAPORE AT HOME & ABROAD
    • Article
      28,300 laid off in '98 – highest since '85
      280 2 28,300 laid off in '98 highest since '85 AROUND 7,200 people were retrenched in the fourth quarter of 1998, higher than an earlier estimate of 6,000. This brings the total number of people laid off last year to 28,300, the highest since the last economic recession in 1985, which saw
      280 words
    • Article
      TAS approves SingTel Mobile scheme after warning: Mah
      540 2  -  PARLIAMENT It says price cats not predatory; Mah says TAS needs to ensure level playing field W Teh Hooi Ling THE Telecommunication Authority of Singapore (TAS) has approved Sing Tel Mobile's marketing its loyalty programme as a permanent scheme, but not before
      540 words
    • IN Brief
      • Article, Illustration
        Pilot water recycle plant in pipeline
        178 2 THE Ministry of the Environment and the Public Utilities Board will be jointly building a 10,000 cubic metre per day water reclamation pilot plant to look into the feasibility of recycling waste water, Environment Minister Yeo Cheow Tong said yesterday. The plant will be
        178 words
    • Other bill passed yesterday:
      • Article
        Prevention of Pollution of the Sea (Amendment) Bill
        44 2 THIS gives effect to the necessary precautionary measures that Singapore, as a major oil refining centre and the world's top bunkering port, must take to deal with oil pollution incidents involving ships and oil handling facilities.
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      • Article
        Presidential Elections (Amendment) Bill
        51 2 THE amendment bill protects the Presidential Elections Committee —which vets and pre-qualifks prospective presidential candidates—against lawsuits which may be brought in respect of statements it makes in discharging its functions. The immunity will apply so long as there is no malice on the part erf the
        51 words
      • Article
        Central Provident Fund (Amendment) Bill
        54 2 THE amendments in the bill follow from the 10-point cut in the employer's Central Provident Fund contribution rate. Among other things, it seeks to allow CPF members affected by the rate cut to use their CPF Special Account savings to service the monthly payment of
        54 words
    • Article
      SES won't influence share prices
      337 2  -  Investors who speculate do so at own risk: B6 Lee By. Anna Teo THE Stock Exchange of Singapore cannot intervene in the market or influence share prices, and investors who speculate in low-priced stocks and warrants or trade on market rumours do so at their
      337 words
    • Article
      MAS plans to place out $2.5b of funds this year
      229 2 THE Monetary Authority of Singapore expects to place out $2.5 billion of its funds this year one quarter of the $10 bUlion it is making available to private sector fUnd managers over three years. And an MAS survey of 28
      229 words
    • Article, Illustration
      Lock icon ENV can enforce anti-pollution practices
      341 2  -  Bill passed converts wrirting admin roles into law By] Marissa Chew PARLIAMENT yesterday passed a new bill which gives the Ministry of the Environment (ENV) power to enforce many existing practices on pollution control. The Environmental Pollution Control Bill will require facilities which use hazardous
      FILE PHOTO  -  341 words
    • Article
      House rejects bid to make govt say it's ready to issue free press licence
      321 2 PARLIAMENT yesterday threw out a motion by NonConstituency MP JB Jeyaretnam which called on the government to say it is ready to license a newspaper company to publish without government control or pressure. The House, which
      321 words
    • Article, Illustration
      Lock icon Why training consultant IWNC has no complaints
      536 2  -  It sees continued strong demand for its services in Asia By] Marissa Chew TRAINING consultant I Will Not Complain (IWNC) sees nothing to complain about over the next five years as it expects continued strong demand for its services in Asia. Despite the
      TERI MOY  -  536 words
    • Article
      Services sector less gloomy now
      358 3  -  E7E OH THE ECONOMY Business sentiment By Audrey Tan COMPANIES in the hard-hit services sectors have become less pessimistic about their business prospects in the next six months, a survey by the Department of Statistics (DOS) found. DOS figures released on Wednesday show an improvement
      358 words
    • Article, Illustration
      Lock icon S'pore has 3-5 year period to streak ahead: PM Goh
      472 3  -  Ministry of X&npower to twtnMlih School of T.ifftlnng [^piing By. Audrey Tan WHILE the currency crisis has made regional economies more competitive, Singapore has a three- to five-year window of opportunity to restore its edge, Prime Minister Goh Chok Tong
      FTLE PHOTO  -  472 words
    • Article
      Labour turnover falls, uuion membership up
      301 3  -  Betrencnments spur more to join, fewer changs jobs in crisis By Eugene Low THE economic crisis has indirectly contributed to the rise in union membership by reducing labour turnover, said Cyrille Tan, leader of Singapore's largest union yesterday. "Workers are less mobile between industries
      301 words
    • Article
      Tay Beng Chuan re-elected as SCCCI president
      246 3 TAY Beng Chuan, president of the Singapore Chinese Chamber of Commerce and Industry (SCCCI), has been re-elected to lead the Chinese business body for another two years. Also re-elected during the SCCCI's 50th council election on Wednesday were two of its vice-presidents Freddy
      246 words
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      13 3 Buy It Sell It Find It Classified Call Today For Results Tomorrow. 1100-737-1144
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      61 3 t -t, ito* > 'Mi 4 t B B k Mm v® r v f *~*V a ,;i -''K^;. S»- LE TEMPS CHANEL THE MADEMOISELLE COLLECTION STEEL WATCH PATENT LEATHER STRAP DEPLOYANT BUCKLE SAPPHIRE CRYSTAL MADE IN SWITZERLAND EXCLUSIVELY AT THE CHANEL BOUTIQUES: NQEE ANN CITY, 391 ORCHARD ROAD. SINGAPORE
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Japan to pump 7.5t yen into 15 major banks
      360 4 Bridge News AFP [TOKYO] The Japanese government will inject public fUnds worth 7.45 trillion yen (*****.4 billion) into 15 major banks as part of efforts to shore up the debt-ridden financial system, newspapers reported yesterday. The government passed legislation in October
      Bridge News; AFP  -  360 words
    • Article
      Lock icon Analysts wave caution flag over four countries
      700 4 Philippines, Thailand, Indonesia, Brazil could face fond-raising woes NYT [NEW YORK] Although the fallout has been limited from Brazil's sharp currency plunge last month, several countries could face problems later this year either in raising money or in defending their currencies. While there
      NYT  -  700 words
    • Article
      Lock icon Printing more money Tokyo's only choice: US economists
      395 4 BOJ seen buying more JGBs to help pay for hnge fig**l wrpanginn Reuters [NEW YORK] Facing a mountain of government debt, feeble growth and the threat of deflation, Japan has no choice but to print more money to grease its creaking economic
      Reuters  -  395 words
    • Article
      Lock icon Habibie to decide fate of ailing banks on Feb 27
      460 4 Central bank denies it issued list of banks to be liquidated AFP Reuters AFX-Asia [JAKARTA] Indonesian President B J Habibie yesterday set a Feb 27 date to decide a list of banks that will be liquidated as part of a
      AFP; Reuters; AFX-Asia  -  460 words
    • Article, Illustration
      Lock icon Back to work or else...
      57 4 [SURABAYA] An Indonesian security officer yesterday firing warning shots to prevent workers from furniture maker PT Sinarindo Megantara from leaving their factory to stage rallies in the city of Surabaya. Nearly 8,000 workers from two companies staged demonstrations in the East Javanese city to demand
      REUTERS  -  57 words
    • Article, Illustration
      Lock icon Dr M again warns of evils of unipolar world
      352 4 ridge News Bernama [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad yesterday warned developing countries of the perils of a unipolar world where anything done in the name of capitalism must be accepted on pain of being labelled a heretic. "Today, capitalism
      ridge News; Bernama  -  352 words
    • Article
      Lock icon Insurance industry in HK hit by weak economy: S&P
      389 4 Reuters Bridge News [HONGKONG] Hongkong's insurance market was under pressure because of a weakened economy and rising competition, rating agency Standard and Poor's Corp said yesterday. "The volatile investment and economic conditions sweeping through Asia have left their mark on the
      Reuters; Bridge News  -  389 words
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      74 4 Style Simplicity Value y. gM y > The Silhouette Bed Simple, Stylish Comfortable. Le Mercier's now offers an extensive range of contemporary furniture at very affordable prices. C<£ie oMercier's IffSPI Since 1980 I Head Office: Le Mercier House, 65 Mohamed Sultan Road. Singapore *****3 p 1 |2 Tel: 734 3425,235
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      578 5 A 20% BONUS! IT'S ENOUGH TO MAKE YOU WANT TO LEAVE THE COUNTRY. To be P erfect| y honest that's the This means that 20,000 Asia Miles earned on your (I\\s entire idea: Adios. Ciao. Arrivederci. Citibank Cathay Pacific Visa gives you 24,000 Asia Miles J Sayonara to the same
      578 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Estrada calls for faster privatisation
      236 6 MANILA AFP PRESIDENT Joseph Estrada wants the Philippine government to speed up the privatisation of large firms, particularly the money-losers, Budget Secretary Benjamin Diokno said yesterday. "The president is becoming impatient. After more than seven months in office, we have not privatised a single firm,"
      AFP  -  236 words
    • Article, Illustration
      Lock icon Habibie aiming for East Timor settlement by Jan 1 next year
      499 6 JAKARTA Indon president says if it were up to govt, Jakarta would grant independence AFP Bridge News Reuters PRESIDENT B J Habibie yesterday said he favoured independence for East Timor and wanted a settlement by next Jan 1 to
      AFP; Bridge News; Reuters; REUTERS  -  499 words
    • Article
      Lock icon KL Dec production data up 6.4% over Nov
      368 6 KUALA LUMPUR Analysts see this as indicating reversal In decline Reuters AFX-Asia MALAYSIA yesterday announced a shajjp rise in its industrial production index in December 1998 over November that could have a positive impact on its fourth-quarter economic growth, economists said. Malaysia
      Reuters; AFX-Asia  -  368 words
    • Article
      Lock icon Thai govt behind in Y2K work
      288 6 BANGKOK State agsncies won't be ready by Jan I, says official Reuters THAI state agencies are poorly prepared to deal with the year-2000 (Y2K) computer bug due to lack of funds and expertise, a top Thai official said yesterday. Boonmark Sirinaovakul, chairman of a
      Reuters  -  288 words
    • Article
      Lock icon Mahathir wants to finish me off, says Anwar
      502 6 ANWAR'S TRIAL He tells of'heated exchange'a few days before he was sacked AFP Reuters [KUALA LUMPUR) Ousted deputy premier Anwar Ibrahim yesterday told of a face-to-face confrontation with Prime Minister Mahathir Mohamad, whom he accused of wanting to "finish me off". "There
      AFP; Reuters  -  502 words
    • Article
      Lock icon Cyberjaya to house 25 MSC-status firms by June
      129 6 CYBERJAYA Bernama CYBERJAYA, the nucleus of Malaysia's Multimedia Super Corridor (MSC), is expected to house 25 MSC-status companies by June, when Cyberjaya is to be officially opened. Multimedia Development Corporation Sdn Bhd (MDC) executive chairman, Othman Yeop Abdullah, said all MSCstatus companies
      Bernama  -  129 words
    • Article
      Thai coalition gets a boost as partner wins court battle
      594 6  -  From, Harish Mehta in Bangkok THAILAND'S Democrat-led government received a boost yesterday when one of its coalition partners, a bloc of 12 MPs who defected to join the government last year, won a high-profile legal battle of survival. The Constitutional
      594 words
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      39 6 ®Yf \\y sjfc& jM Bbv i J SINGAPORE HOTELS IN ASIA-PACIFIC: BAI.I BANGKOK ISLE OF PINES JAKARTA KOH SAMUI MELBOURNE NEW DELHI NOUMEA TAIPEI TAHITI PHUKET PORT VIIA BORA BORA SINGAPORE SINGAPORE CHANGI THE GOLDEN TRIANGLE TOKYO TOKYO II
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      48 6 as tl e Group BT-04 Political Watch Watch Subscribe NOW to both IPW and IBW and receive a 45% discount Fax a copy of this ad and your business card to (62-21) 572 7329 or e-mail: ipwl castleasia.com for more information and a free copy of both Newsletters
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Beijing abandons 21 building projects
      323 7 SHANGHAI (L 8 b yuan wasted; one factory still not ready after 18 years, says report AFP CHINA'S central government has abandoned 21 unfinished public construction projects after spending 6.8 billion yuan (Ssl.4 billion) in taxpayers' money on them, the official Baokan Wenzhai reported yesterday.
      AFP  -  323 words
    • Article
      Lock icon Shenzhen SEZ Devt unit said to be victim of Gitic's collapse
      220 7 HONGKONG Bridge News TROUBLED Shenzhen Special Economic Zone Development Finance (SSEDF) has become a victim of the poisoned investment atmosphere caused by the bankruptcy of Guangdong International Trust and Investment Corp (Gitic), a company source told Bridge News yesterday.
      Bridge News  -  220 words
    • Article
      Lock icon Beijing warns US on shelter for Taiwan
      283 7 BEIJING It says missile defence system a risk to Sino-US ties Reuters CHINA issued a stern warning to the United States yesterday not to shelter Taiwan under a regional anti-missile umbrella amid concerns about a reported Chinese missile build-up. A foreign ministry spokeswoman
      Reuters  -  283 words
    • Article
      Lock icon China raps UK, foreign powers over HK row
      310 7 BEIJING AFP CHINA yesterday lashed out at Britain and "other foreign powers", which have warned Beijing against meddling in Hongkong's judicial independence. The foreign ministry accused foreign powers of interfering in China's affairs, over a landmark ruling on the right of abode
      AFP  -  310 words
    • Article
      Lock icon S&P downgrades largest China steelmaker
      115 7 SHANGHAI AFP STANDARD and Poor's yesterday lowered its long-term foreign currency corporate rating of China's biggest steelmaker, Shanghai Baoshan Iron and Steel Group Co (Baosteel), citing uncertain business prospects and financial risks posed by government reforms. The US ratings agency said in a statement it
      AFP  -  115 words
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  • Special Supplement: FRENCH BUSINESS IN FOCUS
    • Article, Illustration
      French talents target S'pore
      791 8 The local job market presents an attractive opportunity for French professionals who want to extend their careers overseas THE French are more than eager to work in Singapore and other countries in the region, and to experience new cultures and environments, French ambassador to Singapore Francois
      791 words
    • Article, Illustration
      France's CNRS partners NUS
      586 8 National Centre for Scientific Research and university jointly set up laboratory FRANCE'S famous National Centre for Scientific Research (CNRS) which has produced three Nobel prize winners in this decade alone will be setting up a laboratory in Singapore in partnership with the National University of Singapore
      586 words
    • Article, Illustration
      Lock icon Cautious optimism ahead
      963 9  -  How will Asian economies fare this year? The FBA brings you the views of three prominent economists workingfor French financial institutions Reform, restructuring, and stabilisation: the macro-economic agenda for S-E Asia By Panl Alapat The writer is regional economist of Indosuez WI Carr Securities THE regional currency
      Source:; FILE PHOTO  -  963 words
    • Article
      Corporate News in brief
      863 9 French media group Havas, fresh from acquiring Cendant Software for US$BOO million, is working on an interactive, multi-language, encyclopaedia that would rival Encarta from Microsoft. The group, owned by Vivendi, is also developing educational portals gathering places on the Internet in several languages to boost its
      863 words
    • Article
      Asian economies on the road to recovery
      627 9  -  Stronger consumer demand seen as the engine of growth for the region By Chan Kek Peng The writer is senior economist of BNP Prime Peregrine BNP Prime Peregrine believes that the worst is over for Asian economies (excluding Japan). For starters, currencies have
      627 words
    • Article, Illustration
      Lock icon Rules of the game expected to change
      665 9  -  Investors will find Asia a more attractive place to put their money in after structural reforms are introduced By Jean-Paul Betbese WHAT is going on in Asia is obviously complex, painful and not merely due to Asia. Complex, because for years, Asian economies
      FILE PHOTO  -  665 words
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      138 8 brought to you by HP I v/A QUALITY IN CONSTRUCTION Rlt*-Carlton MUtonia Hotel, Singapore «»4 «&i« ii l j (3Sl!'^^K l:S jig -Is lll sf '';|gj^M Throughout Asia,companies are relying on Dragages for its innovative approach to construction. Using the latest technology and equipment, and with expertise ranging from design
      138 words
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  • ASIA
    • Article
      Lock icon S Korean tycoon arrested for illegal cash transfers
      445 10 SEOUL Shin Dong Ah chief also accused of embezzling company fond* AFP Reuters THE chief of South Korea's insurance giant Shin Dong Ah Group was arrested yesterday for illegally transferring US$l66 million (*****.2 million) out of the country, prosecutors said. Choi Soon
      AFP; Reuters  -  445 words
    • Article
      Lock icon Korea ends crisis probe; call to charge ex-president
      401 10 SEOUL ProMcntorstobe »«M to Pm Young Sam, son for net turning op AFP A FOUR-WEEK parliamentary inquiry into the root causes of South Korea's economic crisis ended yesterday with a call for former president Kim Young Sam to be charged for failing
      AFP  -  401 words
    • Article, Illustration
      Lock icon Hanson gives rebel MPs ultimatum
      336 10 SYDNEY AFP FACED with the fracture of her far-right One Nation, Australia's Pauline Hanson tried the stick rather than the carrot yesterday, giving rebelling MPs in the state of Queensland a deadline to announce if they intend to remain in the party. "You're either with
      AFP  -  336 words
    • Article
      Lock icon Howard called racist amid Aboriginal protest
      333 10 CANBERRA AFP AUSTRALIAN Prime Minister John Howard was accused of racism yesterday as an Aboriginal protest involving an indigenous "tent embassy" in the nation's capital escalated. Police angered protesters Wednesday when they extinguished an unauthorised ceremonial fire and confiscated 211 spears erected around it
      AFP  -  333 words
    • Article
      Lock icon Howard confident about 2.75% growth forecast
      240 10 CANBERRA Bloomberg AUSTRALIAN Prime Minister John Howard yesterday remained confident in official economic growth forecasts, but stopped short of lifting his expectations that the Australian economy will grow by more than 2.75 per cent in 1999-2000 (July-June). "The official (growth) forecast for the 1999-2000
      Bloomberg  -  240 words
    • Article, Illustration
      Lock icon Uncle Sam takes the blame and the heat
      43 10 [SEOUL] A radical student burns an effigy of Uncle Sam and a US/Jag at Seoul's Hanyang University yesterday during an anti-US demonstration. The United States is accused of heightening tension on the Korean peninsula. AFP
      AFP  -  43 words
    • Article
      Lock icon S Korea's Cho Hung Bank to absorb Chungbuk
      246 10 SEOUL Bloomberg CHO Hung Bank, one of South Korea's five largest commercial banks, said it agreed to absorb ailing Chungbuk Bank, which has been ordered by the government to find a merger partner by the end of this week. "The two banks
      Bloomberg  -  246 words
    • Article
      Lock icon China, US favour package deal with N Korea
      325 10 TOKYO President Kim advocates easing f for N-pact AFP AFXAsia CHINA and the United States support South Korea's proposal to strike a package deal with North Korea over nuclear issues, South Korean President Kim Dae Jung said in an interview published here
      AFP; AFX- Asia  -  325 words
    • Article
      Lock icon India and Pakistan working on N-issue, says US
      385 10 WASHINGTON Both nations taking steps to ease fears over arms race Reuters INDIAN and Pakistani leaders are working to build support in their countries for steps that would ease concerns about a regional nuclear arms race, US Deputy Secretary of State Strobe
      Reuters  -  385 words
    • Article
      Lock icon US anti-dumping law: Japan appeals to WTO
      152 10 TOKYO AFP JAPAN has taken a US anti-dumping law before the World Trade Organisation (WTO), charging it is against global trade rules, a report said yesterday. Japan, under the WTO dispute settlement process, took action against the US law dating from 1916, arguing
      AFP  -  152 words
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      51 10 1 THE WORLD S LEADING V 1 OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS I /mi <>//)<>/,itu)ii /♦<> s tmm (7SSSOO X BAHAMAS j| KS» V UKII ISM VlfU.irj MAUKIIIUS IMAM)S 3 St Y( HI I I I S m AY MAIM ISIANDS SAMOA IRf I AM) Visit OCRAs (It fimtivt-
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  • THE WORLD
    • Article, Illustration
      Lock icon Clinton Senate trial likely to end today with acquittal
      404 11  -  Republicans hoping to impeach him may be unable to get a simple majority vote From. Leon Hadar in Washington PRESIDENT Clinton is going to be one happy man before the end of this week. By today, the Republican-con-trolled US Senate is
      AFP  -  404 words
    • Article
      Lock icon Greenspan: go for two stages to mix banking, commerce
      414 11 WASHINGTON Bloomberg Reuters FEDERAL Reserve chairman Alan Greenspan said the US Congress should consider a "two-stage process" that first allows banks, insurance and securities firms to combine. The second stage would allow a non-financial service firm, such as General Motors or
      Bloomberg; Reuters  -  414 words
    • Article
      Lock icon Support in Britain for euro rises to 36%: poll
      248 11 LONDON AFP SUPPORT in Britain for the new European single currency has risen to record levels, according to a poll in yesterday's Guardian newspaper, but the country still remains largely eurosceptic. The survey found 36 per cent of voters in favour
      AFP  -  248 words
    • Article
      Lock icon Microsoft exec admits contracts limit choice
      511 11 THE MICROSOFT But he says deals struck when it had mill market share Bloomberg [WASHINGTON] Microsoft Corp vice-president Cameron Myhrvold testified that the software giant's contracts with Internet-connection companies were intended to limit consumers' ability to choose an Internet browser other than Microsoft's Internet
      Bloomberg  -  511 words
    • Article
      Lock icon WTO bank pact decision on Monday
      141 11 GENEVA Reuters COUNTRIES who signed a World Trade Organisation pact to liberalise the financial services sector will now meet on Monday to decide when it will go into force, officials said yesterday. A meeting had been set for Feb 11 but missions of some
      Reuters  -  141 words
    • Article
      Lock icon Income tax refunds, refinancing boost US consumer spending
      413 11 WASHINGTON Bloomberg A SURGE in income tax refunds and home-mortgage refinancing is giving US consumers more money to spend, which should fuel strong growth in the first quarter and beyond. The Internal Revenue Service sent out US$6.3 billion (5510.6 billion) in tax
      Bloomberg  -  413 words
    • Article
      Lock icon Philip Morris ordered to pay US&50m in lawsuit
      409 11 SAN FRANCISCO Punitive damage award exceeds $15m asked by plaintiff Bloomberg PHILIP Morris Cos, the world's largest tobacco company, must pay US$5O million (5584.7 million) in punitive damages to a long-time smoker of its Marlboro and Marlboro Light cigarettes who has lung
      Bloomberg  -  409 words
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      165 11 MONT* BLANC 7 5 ye a r s Meister st it c k 'jfeiis- I I %sr f i 75 yell rs of pass ion (in (I so u I C 3 II I Y f» till i',: I ft <-ti'llllt\ :!>'<■ lilt■ Al'il/z/'Mlii Ml ,->/• I 11v 11; i/<
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  • EDITORIAL & OPINION
    • Article, Illustration
      Democracy needs quiz show solution
      793 12  -  THB BOTTOMLDVB OPINION By David Mason 77k writer was a partner in an international accounting firm in Singapore/or 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT PRIME MINISTER Tony Blair has recently suggested that the
      793 words
    • Article
      IN OTHER WORDS
      108 12 'Prison authorities here in Kajang are making feverish preparations for your cell even though your trial is still continuing. One is curious how they can be so certain of your impending conviction.' -Uiflanbi former Malaysian MP Jailed for sedition, to Anwar Ibrahim, former deputy prime minister on
      108 words
    • Article
      A new mindset on risk-taking
      652 12 EDITORIAL IF bankruptcy figures are any guide, there's no lack of entrepreneurial zeal among Singaporeans: Hundreds of people end up bankrupt each year because of business failure. Last year, reflecting the tougher times, the number shot up to 800. But what's lacking in Singapore is
      652 words
    • Article, Illustration
      Lock icon Why West must stay cool as China heats up
      948 12  -  ChiaatuMatMgh year ahead, Imt the West hu to show tolerance to keep it en the right ceorie fly' Tom Plate The writer, a Los Angela Times columnist, also teaches at the University of California, Los Angeles. IF LAST year was the
      FILE PHOTO  -  948 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      1024 12 WTipaMeasUUfci Maataf I DON'T know if Mayor Rudolph Giuliani realises it, but there are limits to the amount of abuse that black New Yorkers will accept from violent and racist police officers. And those limits are East approaching. Black New Yorkers are in a ftiry over
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Investors give Keppel restructuring thumbs-up
      354 13  -  Bold provisions also come as relief to market; counters rise 12-16% By Ven Sreenivasan [SINGAPORE] Stocks of the Keppel stable, which have been hammered in recent weeks on a wave of negative rumours, ran up yesterday as investors responded positively to their financial results released
      Source: Bloomberg  -  354 words
    • Article
      SembCorp stake in PacNet at 54.6%
      321 13  -  More sales barred for 180 days; so far proceeds at USsl4m By 1 Teh Hooi Ling [SINGAPORE] SembCorp Industries (SembCorp) yesterday said its stake in Pacific Internet has been diluted to 54.6 per cent following the latter's initial public offer in the US. It
      321 words
    • Article
      Lock icon Tenaga unaware of Powertek stake sale to European firm
      151 13 Reuters [KUALA LUMPUR] Malaysian utility Tenaga Nasional Bhd said yesterday it was unaware of any talks between Powertek Bhd and a European party regarding the sale of a stake in the independent power producer. It was responding to a query from
      Reuters  -  151 words
    • Article
      Keppel Corp too small to compete in five core areas
      678 13  -  HOCK LOCK SIEW Lee Han Shih POR a small entity like Keppel Corporation, five core businesses could be two too many. This may sound strange to those used to seeing Keppel as a major Singapore conglomerate. That has not changed.
      678 words
    • Article, Illustration
      Lock icon JSL results: share price unchanged
      514 13  -  Market has already factored in strong showing analysts By Rahita Elias [SINGAPORE] Jurong Shipyard Ltd (JSL), which is expected to continue enjoying strong growth this year, saw its share price remain unchanged yesterday despite achieving a record-breaking performance in 1998. The stock shot up in
      Source: Bloomberg  -  514 words
    • Article
      Scotts buys KL condos to fulfil loan term
      299 13  -  Byi Ang Wan May [SINGAPORE] Scotts Holdings will buy 25 units in its Kuala Lumpur condominium project for 41.4 million Malaysian ringgit (5518.5 million, given by company) to help fulfil a project completion guarantee given to the project's lenders. The joint-venture development
      299 words
    • COMPANIES
      • Article
        DBS ties up with US investment management firm Frank Russell
        331 14  -  New programme to be launched in middle of year for retail investors By Wong Wei Kong [SINGAPORE] DBS Bank is tying up with US investment management company Frank Russell to deliver a new investment programme to its customers, DBS Bank
        331 words
      • Article
        Ingram's offer for Electronic Resources fair: Rothschild
        369 14  -  Hard at this stage to assess long-term outlook for ERL By, Annette Pan [SINGAPORE] Minority shareholders and warrantholders of Electronic Resources should accept USbased Ingram Micro's takeover offer for the local electronics distributor as it was "fair and reasonable", said N M Rothschild
        369 words
      • Article
        Lock icon TPI Polene requests waiver of repayments on US$1.3b this year
        358 14 AFP [BANGKOK] A division of Thai Petrochemical Industries pic (TPI) yesterday requested creditors to waive loan repayments this year and extend the company's total repayment period to 10 years. TPI Polene pic told the Stock Exchange of Thailand it had
        AFP  -  358 words
      • Article
        Lock icon Morgan Stanley top contender as adviser HK govt
        585 14 Bloomberg [HONGKONG] Morgan Stanley Dean Witter Co is now considered the bank most likely to be chosen to advise the Hongkong government after Goldman, Sachs Co failed to take one of China's largest utilities public earlier this week. The world's biggest investment
        Bloomberg  -  585 words
      • Article
        San Miguel's profit up 11.5% to 3.3b pesos
        442 14  -  Cost-catting, price adjustments, marketing cited From, Al Labita in Manila HOMEGROWN conglomerate San Miguel Corp (SMC) defied the economic downturn to post an 11.5 per cent rise in after-tax profit to 3.3 billion pesos (*****.4 million) last year, an official said yesterday.
        442 words
      • Article
        Lock icon KLIH unit trying to forestall legal action
        190 14 AFP [KUALA LUMPUR] Malaysia's Kuala Lumpur Industries Holdings Bhd (KLIH) said yesterday its troubled Australian subsidiary was seeking to forestall legal action taken by Australian Guarantee Corp (AGC). The diversified property developer said Melbournebased MEC-Kambrook Pty Ltd, part of its Malaysian Electric Corp
        AFP  -  190 words
      • COMPANY Briefs
        • Article
          Amtek sells JTC property for $1.50m
          83 14 [SINGAPORE] Amtek Engineering unit, Amtek Mega Engineering, is selling one of its leasehold Jurong Town Corporation properties at 79 Tuas Avenue 1 to U-Lee Switchgear Services Pte Ltd ibr $1.58 milßon cash. With a written-down value of $1.5 mlllkm, the property occupies sq ft
          83 words
        • Article
          DBS Land unit SGT seaks wind-up order
          68 14 [SINGAPORE] DBS Land's 39.2 per cent owned SGT Asia Pacific Pte Ltd has filed an application with the Singapore High Courtfor a winding-up order. Lim Jen Howe and John Thong How Ley of Messrs Lim 4 Thong have been appointed as the liquidators
          68 words
        • Article
          Jaya interim net climbs 6% to $10m
          82 14 [SINGAPORE] Jaya Holdings yesterday reported a 6 per cent improvement in interim net earnings to $10.1 million as turnover fell 26 per cent to $27.6 million. The shiprepair company attributed the better earnings for the half-year ended Dec 31 to the improved market
          82 words
        • Article
          Lock icon Peregrine seils stake in UB ventere
          76 14 Reuters [HONGKONG} Peregrine Direct Investments Ltd, a subsidiary of Peregrine Investments Holdings Ltd, has sold its 10 per cent stake in American Phosphate Corp back tnthe company,PriceWatarhouaeCoopers said yesterday. PriceWaterhouseCoopers is working on the liquidation of Peregrine Investments, which collapsed in January 1996. The
          Reuters  -  76 words
        • Article
          Lock icon Walt Disney in talks for HK HQ: report
          102 14 AFX-ASIA [HONGKONG] Walt Disney Co is in talks with Swire Properties Ltd to lease at least four doors in TaiKoo Place as its headquarters in Hongkong, Oriental Daily News reported. The report quoted an unnamed source as saying that Walt Disney plans
          AFX-ASIA  -  102 words
        • Article
          Lock icon Two firms join Hang Seng red chip index
          126 14 Bloomberg [HONGKONG] Hang Seng Bank's arm that manages and compiles Hang Seng's indices wffl include two new companies in its Hang Seng China-Affiliated Corporations Index (HSCCIX the company said. Hing Krtng T Art «m) Ltd will be included in the HSCCI starting
          Bloomberg  -  126 words
        • Article
          Lock icon Hong Leong had 84% ready for Y2K bug
          61 14 Reuters 1 [KUALA LUMPUR) Maiaj *a 1 llwuf >11 Tinfclrtas J Bhd said yesterday it was M par east pnparad tor the so-called millennium bug. "Ovsra&M per owl of HLI Group's critical lyslan are YK mJy. Tl* remaining 16 per cent of
          Reuters  -  61 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Nissan Diesel to close truck factory, cut 3,000 jobs
        468 15 AFP [TOKYO] The troubled truckbuilding arm of Japan's Nissan Motor Co Ltd said yesterday it would slash its workforce by 3,000 personnel at one of its plants as it negotiates a possible alliance with DaimlerChrysler AG. The unit, Nissan Diesel Motor
        AFP  -  468 words
      • Article
        Lock icon Asian markets pull Coca-Cola Amatil net down 17%
        309 15 It posts As2o2m profit after major restructuring AFP [SYDNEY] Australian softdrink bottler and distributor Coca-Cola Amatil Ltd said yesterday its profits fell 17 per cent as a result of the Asian financial crisis. The dip to AS2O2 million (Ss22o million) in the
        AFP  -  309 words
      • Article, Illustration
        Lock icon Market share sacrifice pays off, says Compaq
        428 15  -  Computer firm outperforms in Australia, NZ, South Korea, S'pore By. Kenneth James [SINGAPORE] Compaq Computer sacrificed market share last year to stay profitable in the economically-hit Asia-Pa-cific region, its regional chief, Paul Chan, said yesterday. Compaq, the world's second largest computer company, outperformed
        SIEW YAW HOONG  -  428 words
      • Article
        Lock icon News Corp Q2 net profit falls, but investors bullish
        429 15 Key US TV operations seen rebounding Reuters [SYDNEY] Rupert Murdoch's News Corp Ltd said yesterday that second-quarter net profit fell but investors pushed its stock higher as analysts predicted that the key US television operations would rebound in the next six
        Reuters  -  429 words
      • Article
        Lock icon 'Stream deal off if cap on soccer stays
        316 15 Bloomberg AFP [ROME] News Corp said it will scrap its agreement to buy as much as 80 per cent of Telecom Italia SpA's Stream pay-television unit if an Italian government decree capping soccer rights ownership isn't changed. The decree put a 60
        Bloomberg; AFP  -  316 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Philips operating profit drops 60%
        507 16 Bottomline jumps 133% on Polygram sale; consumer, mobile phone divisions worst hit AFP [AMSTERDAM] Philips reported a massive 60 per cent slump in operating profit in 1996 as its failed mobile telephone venture and semi-con-ductors eroded profits, particularly in the fourth quarter. The Dutch electronics
        AFP  -  507 words
      • Article
        Lock icon Seagram not selling PolyGram film unit
        205 16 Reuters [LOS ANGELES] Seagram Co Ltd said on Wednesday it had decided not to sell the international assets of its PolyGram Filmed Entertainment business, and instead will integrate the unit into its Universal Studios film operation. "After two months of extensive evaluation in determining
        Reuters  -  205 words
      • Article
        Lock icon Shell Q4 profit plummets 53%
        231 16 Bloomberg [LONDON] Royal Dutch/Shell Group, the world's biggest publicly traded oil company, said its profit fell 53 per cent in the fourth quarter after losses in its chemical division and a onethird drop in oil prices. The Anglo-Dutch oil company's profit fell to US$BlB million
        Bloomberg  -  231 words
      • Article
        Lock icon Deutsche Telekom to up stake in Austrian firm
        182 16 Bloomberg [BONN] Deutsche Telekom AG, Europe's largest phone company, said it plans to raise the stake that its mobile phone unit, T-Mobil, holds in Max mobil Telekommunikation Service, Austria's No 2 cellular phone service, to more than 50 per cent Financial details
        Bloomberg  -  182 words
      • Article
        Lock icon EDS, MCI sign US$17b IT services deal
        295 16 Pact involves swapping assets, 13,000 workers Reuters [PLANO, Texas] Electronic Data Systems Corp (EDS) and MCI World Com Inc announced jointly yesterday they agreed to a US$l7 billion (5528.8 billion) computer services deal involving a swap of assets and 13,000 employees. Under the
        Reuters  -  295 words
      • Article
        Lock icon Barclays appoints BankAm exec as its new CEO
        330 16 Myriad ef challenges but O'Neill will be paid in salary, benefits in first year Bloomberg [LONDON] Barclays pic, Britain's second largest bank, named Michael O'Neill, president of Bank America Corp's financial services group, as its new chief executive, filling a hole left
        Bloomberg  -  330 words
      • Article
        Lock icon Kodak recalling 120,000 adapters
        268 17 Reuters [ROCHESTER, New York] Eastman Kodak Co, the world's largest photography company, said it is recalling 120,000 AC adapters used with some digital cameras, at a cost of less than US$3 million (Sss.l million). The recall follows reports that the adapters, which plug in to electrical
        Reuters  -  268 words
      • Article
        Lock icon Internet stock bubble will deflate, not burst: analysts
        434 17 E-commerce based companies more vulnerable than Web portals, they say Reuters [NEW YORK] In the world of highly valued Internet stocks, some suspect the sky is falling. But many on Wall Street believe a speculative bubble that drove prices higher will most
        Reuters  -  434 words
      • Article
        Lock icon Falling Net stocks a boon for Microsoft
        223 17 Bloomberg [NEW YORK] Microsoft Corp chief financial officer Gregory B Maffei said declining Internet shares are a boon to the No 1 software maker as it explores acquisitions and partnerships with Web-relat-ed companies. Many Internet stocks have fallen from 52-week highs in recent
        Bloomberg  -  223 words
      • Article
        Lock icon IBM inks US$200m deal with CompUSA
        232 17 Bloomberg [ARMONK, New York] IBM Corp said it signed a US$2OO million (***** million) contract to install and manage software for the internal computer network of CompUSA Inc, the largest US computer retailer. Under the seven-year agreement, IBM, the world's largest computer maker, will
        Bloomberg  -  232 words
      • Article, Illustration
        Lock icon Ford not in talks to buy BMW, says chief
        451 17 But US automaker keen on German manufacturer Reuters [CHICAGO] Ford Motor Co chief executive Jac Nasser on Wednesday squelched speculation Ford is close to buying BMW AG but made clear the world's No 2 automaker may still be interested in adding
        Reuters; FILE PHOTO  -  451 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Bankers Trust to sell Aussie investment bank businesses
        385 18 Sale expected to draw wide interest from both Australia and abroad Reuters [CANBERRA] Bankers Trust said yesterday it would sell the four core businesses of the Australian investment bank as a result of its merger with Deutsche Bank Australia, which is due
        Reuters  -  385 words
      • Article
        Lock icon J P Morgan gets 'black eye' in Internet share sale
        260 18 Bloomberg [NEW YORK] J P Morgan Co, which looks as much like an investment bank as a commercial bank, got snagged as a decline in Internet shares battered one of its biggest stock sales. The fourth-largest US bank arranged the
        Bloomberg  -  260 words
      • Article
        Lock icon Citigroup may remove some business from Visa
        479 18 It looks set to pass more of its business toKasterCard Reuters [NEW YORK] The threat that Citigroup Inc might pull some of its credit card business from Visa has intensified the battle among big US banks to control this crowded market, analysts said
        Reuters  -  479 words
      • Article, Illustration
        Lock icon Westpac chief exec quits in shock move
        259 18 Shares drop 3% on concern over bank's strategy Bloomberg [SYDNEY] Westpac Banking Corp, Australia's third-larg-est bank by market value, said its chief executive Robert Joss will leave at the end of the month, surprising investors who had had no warning he was about
        Bloomberg; REUTERS  -  259 words
      • Article
        Lock icon CNA Fin suffers US$147m loss
        291 18 Reuters [CHICAGO] Insurance giant CNA Financial Corp on Wednesday reported a fourth quarter loss excluding onetime items of US$246 million (*****.7 million), citing an increase in reserves, higher catastrophe losses and lower investment income. CNA reported a net loss of US$l47 million, or 80 US
        Reuters  -  291 words
      • Article
        Record trading volume on short-covering
        200 19  -  KI—KI Reports Bob Butcher SHORT-COVERING in stocks and futures fuelled record volume in the MSCI Singapore Index futures yesterday. A volume record broke the previous one set on Jan 28. More impressive was that the record was set almost totally in the front month contract.
        200 words
      • Article
        Lock icon Inro to boost rubber prices after Thai pullout
        214 19 Bloomberg THE International Natural Rubber Organisation (Inro) said it will act to boost rubber prices, aiming to keep the organisation alive after Thailand quit the group in anger over falling prices for the commodity. Thailand, the world's largest producer of natural rubber,
        Bloomberg  -  214 words
      • Article
        Lock icon World oil prices firm slightly, but prospects still downcast
        278 19 ENERGY REPORT Reuters [LONDON] World oil prices firmed slightly yesterday, even as looming oversupply issues led to further downcast predictions on the prospects of long-term market recovery. Benchmark Brent blend crude oil futures for April delivery traded five cents higher at
        Reuters  -  278 words
      • Article
        Lock icon CURRENCY REPORT
        311 19 Reuters Bloomberg A NOTE of hesitation crept into the push for a higher dollar/yen yesterday amid uncertainty about Bank of Japan action to loosen the purse-strings in terms of monetary policy. With Japan on holiday, many market players decided to take profits on long dollar/yen positions ahead of
        Reuters; Bloomberg  -  311 words
      • Article, Illustration
        Untitled
        961 19 DrrERBAMX CROSS RATES Febii j i .ii-ii,. S--i5lJ65L-JL^5-JSJSJM8S-J££^JSS--B-J55ZSJ^JE25-^LS!-JE^21J5SJ!2ti-JS J22 b M" °170 3.740 UB 1009 27.420 ***** 1737 718 2.454 U71 33JM ***** 1010 1930 *****050 231*7 1390 104* SE? K2 7 ""Jf 4 WO 187 2147* 5108 17*5 7103 2149 128 34.415 ***** UK 4001 1*40 21*247*7 1*3 1071
        961 words
      • Article
        Untitled
        1187 19 SICOM FUTURES Febll 1 MNBI(MradMto9it*U0»a) L-Zi ar~" a aaj H i5S S» SB! 88 S3 I 1 I W3C«IT*ACT{Wc«*ite Mm obn" 'HF n as s£ ss i is «i -i 8 I Ttt9ft fMMIfflltfT A, js JS g *a "g JmS M w 22 SSI SS mo SS ■etna cmimct
        1,187 words
    • Article
      WORLD STOCK MARKETS
      2207 20 mhmn f«en tntiitriata n<k| 31 Group 1 596.400 -12.600 AB Parts 283.000 unch Abtwy Netionei 1197.170 71.070 Allied Oomecq 450.400 -9.000 AMed Zurich 852.400 10.400 Amec 185.000 -3.000 AM* Group 156.000 3.000 •ATM 588.000 -27.000 BG Pie 362.200 12.000 8KC 84.000 3.000 BOC Group 870.000 11.600 BR
      2,207 words
    • Article, Illustration
      Lock icon HONGKONG
      1243 20 AFP rl Hang Seng +70.47 HONGKONG stocks closed up 0.8 per cent yesterday helped by gains on Wall Street overnight. The blue chip Hang Seng Index ended up 70.47 points at 9,146.80, well off intraday highs, on total turnover of HK52.37 billion. Dealers said the market had lacked direction
      AFP  -  1,243 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon KL shares surge on foreign buying
        354 21 AFP AFX-Asia W Composite Index +1(180 MALAYSIAN share prices closed 3.1 per cent higher yesterday spurred by foreign buying and an overnight rise on Wall Street, dealers said. The KLSE Composite Index surged 16.80 points to finish at 562.95, whUe the Second Board Index
        AFP; AFX-Asia  -  354 words
      • Article
        Untitled
        7997 21 CMSMMT MiKtl 1999 Last Vai Day NX Cap MH» Law CI nip any till *000 U» Ptl >■! 310 200 AJinomoto 280 15.4 113.5 63 62 Angkasa T1 K>4.7 203 244 Apollo Food Hlq 255 &9 102.0 204 152 Barjaya Land 160 6 165 160 160 3.4 1M4.7 600 450
        7,997 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        1776 22 Laat Vol Day Last Quota Avg Ua Mm Ciwuay Sat* **r- COOO) High Lm Invar Mhr Prtca 19 3 3160 -Acar ******1 USS 12 »0.5 51 12 12 115 12.5 35 4.5 3164 Acma ******4 17 *2 583 17 15.5 16.5 173 15 3161 AMTach ******7 2 a. 5 39
        1,776 words
      • Article
        KepLand wrt a better bet or KepT&T?
        210 22  -  WARRANT WATCH By Ven Sreenivasan KEPPEL group stocks and their derivatives have been in the limelight following the companies' release of their results over the last two days. We will look at two warrants that saw active trading yesterday Keppel Telecom Transportation and
        210 words
      • Article
        CLOB INTERNATIONAL
        187 22 HOMHMt STOCKS Gr Gr U U* V* on UrtOM*. H. Dk VM M MCa I— Stno Cwwxwy Ml rOOO) H>» L— tiytr *—r Cw >/t 5123 COL (2000) HK 400 8 2.4 2 20.5 7744.7 5124 C4thavPac20cHK_720 265 2.1 7.4 6 *****4 5125 CIWun9Kong5OcHK.17S0 240 U 6.7 3
        187 words
      • Article
        Lock icon WELLINGTON
        252 22 AFP *33.74 NEW Zealand shares rose 1.6 per cent yesterday, recouping half the previous day's losses. "We under performed the US market yesterday and we outperformed it today," said Peter Stokes at JB Were. The NZSE-40 Capital Index rose 33.74 points to 2,137.54 on a turnover of NZ5156.5 million.
        AFP  -  252 words
      • Article, Illustration
        Lock icon BANGKOK
        744 22 AFP □SET Index -Lo> THAI shares fell 0.3 per cent at the close yesterday after a volatile day's trade which saw selected stocks bounce back from sharp early lows, analysts said. Analysts said bank issues were battered in morning trade but recovered in the second session to lift the
        AFP  -  744 words
      • Article
        Lock icon SEOUL
        396 22 AFP POmpoatehiei -Qjs SOUTH Korean share prices closed barely changed yesterday after late selling in selected stocks partly eroded earlier technical gains brought on by steadier money market rates, dealers said. But the selling spree was seen as technical, sparked by yesterday's deadline for the expiry of February options
        AFP  -  396 words
      • Article
        Lock icon SYDNEY
        579 22 AFP HAnOntturiM *na SHARES closed up 0.4 per cent yesterday, helped by good earnings results from market heavyweights and a stronger close on Wall Street The All Ordinaries Index closed up 12.2 points at 2,867.0. Volume was 369.3 million shares worth A 51.31 billion. The All Industrials Index firmed
        AFP  -  579 words
      • Article, Illustration
        Lock icon JAKARTA
        684 22 AFP Q Composite Index ♦3J7 INDONESIAN shares rose one per cent yesterday on selective bargain hunting of blue chips following a stronger Wall Street, dealers said. The higher close was expected following the firmer close on the New York market overnight, said Edy Saragih, an analyst with Mitra Duta
        AFP  -  684 words
      • Article
        Lock icon MANILA
        312 22 AFP Q Manila -2.6 SHARE prices fell 0.1 per cent yesterday amid directionless trading in the absence of developments to move the market, analysts said. The Philippine Stock Exchange Composite Index fell 2.6 points to 1 894.59 points. Tunr was 3.26 billion shares worth 942.6 million pesos from 469.84
        AFP  -  312 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6034 23 Tmiisnctimi ri.itr FVb II j Gr Or II mft U«t Vol Day La.t Quota Dt* D<* YM Not Cap Ax) Hl» Lam »tm Cimumf M« rOOO) HM» Low »»ror »o8or C'yr P/l $3 Prlco multhnovstiy 142 17.5 mt 1000 AcmaSOc 72 *2.5 76 72
      6,034 words
    • Article
      SESDAQ
      1208 23 Vai Day LastOuata n* 0* YM Nat Cap Awj mh» l— t«w» ciimi rooo) HM» l— »»yr *a—r cv p/i *3 PitS MANUFACTURING 231 10 2049 AS Auto Kk 95.5 *7.5 755 95.5 90.5 95.5 96 15 N 7 13 9 109 93 J'- 5 45 #2051 ASJHMqs20c 54
      1,208 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        333 24 Stocks Vstent DBS Land 15.057,000 SembCorpI 25c 12,981,000 KepTatLee Bk DBS WOO 12,604,000 Keppei LandWOO n.512,000 Bank Bkt ML CW99 B.868,000 CK Tang Wt99 8,647,000 STEngglOc 8,552,000 KepTatLee Bank 8,465,000 CSE Sys Enqq 5c 7,295,000 KepTatLM Bank W02 5,699,000 Stacks DBS Foreign 65,040,896 OCBC Foreign 45,419,378 DBS Land 31,200,505 SPH
        333 words
      • Article, Illustration
        Bargain hunting sends market soaring 5.5%
        615 24  -  STOCK MARKET COMMENTARY Bank stocks lead rise as foreigners zoom in on oversold counters; market watchers remain cautious By Ven Sreenivasan STRONG bargain hunting on blue chips and heavyweights added new life to the market yesterday, with the Straits Times Index recording its biggest
        615 words
      • ON THE GRAPEVINE
        • Article
          Not the best, yet
          183 24 WE in the media are rather dismayed with the organisation structure announced by DBS Bank yesterday. We turned the new organisation chart upside down, downside up but Called to find "public/media relations" on it Perhaps the low priority given to this function may explain the strange
          183 words
        • Article
          Ort with the debts, in with the rabbit
          141 24 YOU want to know why the market has gone sour? Weil, forget about concerns over interest rates or poor results. The real >rirl |L n M i |>.|t reason tor tne recent xaii in snare prices is the coming Lunar New Year.
          141 words
        • Article
          Nasdaq's rise not so weird
          108 24 SOME people are saying that soaring Internet stocks are simply a bubble waiting to explode. Like tulip mania in the 17th century, they say, the Nasdaq is an accident just waiting to happen. Weil, time will telL If it does happen, it will not escape
          108 words
      • Article, Illustration
        HOT STOCK
        63 24  -  By Wong Wei Kong DBS Land shares closed up $0.24 yesterday at $2.17 on a volume of 15.1 million shares, compared with its 10-day traded average of 6.3 million shares. The daily and weekly RSI and stochastics suggest that the stock may be breaking out of its recent
        63 words
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      42 13 B V LG A R I The XL lime w n I SL S JbL /y,# m Abbraccio pendant in 1 Bkt gold. Leather lace with gold clasp. Available in Singapore at Bvlgari, Hilton Hotel 737 1652 Takashimaya Department Store 735 6689
      42 words
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      6 15 a boost. Contact wtkc SM-MUbm^ stala
      6 words
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      Page 15 Advertisements Column 2
      558 15 PfJAVA HOLDINGS LTD HALF-YEAR UNAUDITED RESULTS ANNOUNCEMENT The Directors are pleased to announce the unaudited consolidated results of the Group for the half-year ended 31 December 1998. 1996 1997 FAV/(UNFAV) $'000 I*ooo rooo Change Turnover 27,552 37,381 (9,829) (26.3) Operating profit 18,676 19,462 (786) (4.0) Interest income 745 899 (154)
      558 words
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      1470 16 nHU Donl/ Commonwealth Bank of Australia VvilllKNlWCullli DoTK ACN 123 123 124 r COMMONWEALTH BANK OF AUSTRALIA AND CONTROLLED ENTITIES FOR THE YEAR ENDED 30 JUNE 1998 CtaaainiMladdtataktadCiiiiSUUMi Statements of Profit and Loss Balance Sheets for die yea endtd 30 fane 1998 For the yea ended 30 June >998 ECONOMIC
      1,470 words
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      94 17 Thank you for supporting HDB's FIRST BOND issue rjC] HOUSING Mr DEVELOPMENT U=J BOARD Since 1960, HDB has been building quality homes for the nation. Today, 86 percent of the population live in public housing an outstanding achievement within a short span of time. In preparation for bigger challenges in
      94 words
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      Page 17 Advertisements Column 2
      106 17 J P Morgan gets 'black eye' in Net share sale, Pg 18 HDB's FIRST BOND issue with a public offer CTT] HOUSING DEVELOPMENT [ED BOARD 553,000,000,000 Medium Term Note Programme and Issue of *****,000,000 principal amount of 3.875% Fixed Rate Bonds due 2004 Arranger and Lead Manager Citicorp Investment Bank
      106 words
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      53 18 I Asian news, I I ahead I of it. BmH Not content with simply reporting the news, the f 4 V synonymous over the readers advance I f events that due to due better M I M than any other newsweekly. you to these away the ball and i to
      53 words
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      71 20 The secret of success Taking the right course, of course. Study the wide range of courses available in the Education/Training Section in the Classified Classifications 700 to 799. \CAJ&\ SpH Japan approachwg its mmrierU of truth |pn .«*>. rvu j^gJLiyggSg»i mm.ivmmmz I m m$ i Mondays Crisis Watch by Vikram
      71 words
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      1064 24 M THE MATTER OF THE COMPANIES ACT, CAP. SI AND M THE MATTER OF ASUKA SHIPPWG (SMOAPORE) PTE LTD (M MEMBER'S VOLUNTARY UQUBATXM) NOTICE OF RESOLUTIONS [Pursuant to Section 2M(2)(b)] At an Extraordinary General Meeting of tie Company hald at 16 Raffles Quay Hong leong ftJdtog. Singapore *****1 on Februvy
      1,064 words
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      Page 24 Advertisements Column 2
      734 24 Take control of your investments. Call DBS investor Online at 433-1188 gj! isBANK SHOWA ENGINEERING PTt LTD. (In Members' Voluntary Liquidation) ■bb or nun ma NOTICE IS HEKEEY GIVDf that pursuant to Section 308 of the Companies Act Cap. SO the Final Meeting of the Company will be held at
      734 words
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      Page 24 Advertisements Column 3
      481 24 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF PHILIPS COMMUNICATIONS 6 PROCESSING SERVICES PTE LTD (In M«fnb*rt' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 9 Temaaek Boulevard *25-01, Suntec
      481 words
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      Page 24 Advertisements Column 4
      473 24 ODBSLANDI USsl2om Floating Rate Notes due 2001 B In accordance with the provisions of the Notes, notice is hereby given that for the Interest I Period from 12 Feb 99 (inclusive) to 12 May 99 I (exclusive), the Interest Rate payable on 12 May 99 I is as follows: I
      473 words
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      Page 24 Advertisements Column 5
      303 24 11l (be Matter of THE COMPANIES ACT, CAP. 50 mi la die Matter of TIMUR JAYA RUBBER PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at 190 Middle Road. #1304. Fortune Centre. Singapore *****9, on Sth
      303 words
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      Page 24 Advertisements Column 6
      623 24 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF E.D.P. SYSTEMS SERVICES PTE LTD (In Members* Voluntary I lyMMos) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of toe members of the abovenamed Company duly convened and held at 27 Foch Road *02-08 Hoe Nam
      623 words
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      Page 24 Advertisements Column 7
      417 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PORTFOLIO INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Cap. 50. the Final Meeting of the members of the abovenamed
      417 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon The bunny bounces in
      1002 25  -  There's more to this gentle, cuddly creature than meets the eye. Geomancers tell ta* so ran what we can expect in the new lunar year TAN SU YEN THE RABBIT, the fourth animal in the Chinese zodiac, takes up its year-long residence next Tuesday and bunny
      PHOTO BY SIEW YAW HOONG 24K GOLD-PLATED ZODIAC FIGURINES COURTESY OF RISIS SINGAPORE; FILE PHOTO, CRYSTAL RABBITS BY LALIQUE  -  1,002 words
    • ENTERTAINMENT
      • STRAWS In The Wind
        • Article, Illustration
          Reading between the petals
          110 26 IT'S Valentine's Day on Sunday. Did you know that what you send can say more things about you than you thought? Here are some tips gleaned from the Internet: Red rose: Love Yellow rose: Friendship White rose: Fear Pink rose: Indecision Green rose: I am from
          110 words
        • Article
          Survival of the meanest
          53 26 HERE are some thoughts for the day, from corporate guru Dilbert: I can please only one person per day. Today is not your day. Am I getting smart with you? How would you know? Tell me what you need, and I'll tell you how to get
          53 words
        • Article
          Cost-cutting starts at home
          19 26 OVERHEARD in a greeting card shop: "Don't you have any cheap Valentine cards for husbands?"
          19 words
      • Article, Illustration
        Grandmother's story
        663 26  -  CINEMA Liang Po Po's cautionary tale about triads can't quite compare with the bread and butter issues raised in Money No Enough By\ Susan Tsang OF THE dozen or so locallyproduced films we can look forward to this year, Liang Po Po The Movie is probably the most
        663 words
      • Article, Illustration
        Lock icon Now showing: Uma Thurman 'live'
        1001 26  -  THEATRE Is the new leading lady of the Classic Stage Company just another pretty Hollywood face seeking to'stretch' herself? By] Dinitia Smith NYT [NEW YORK] "I'm scared!" said Uma Thurman. Thurman, all 5 feet 11 Vi pale gold inches of her, was about to perform
        NYT  -  1,001 words
      • Article, Illustration
        Shooting by numbers
        562 26  -  CINEMA YouH get your fill of bullets, blood and dead bodies in The Corrnptor. But that's about all By. Parvathi Nayar WITH a high octane explosion seconds into the film, Chinese-style punks who strut their triad stuff and Chow Yun-Fat's deadpan delivery of bullets all leaving a
        562 words
    • VIEWPOINT
      • Article
        How to break the curse of that thing called lave
        774 27  -  Off the cuff It's easy enough to declare your passion for another human being. The real challenge is how to get along with your significant other after that first declaration by Jaime Ee THERE are two shopping days left to
        774 words
      • Article, Illustration
        Dos and don'ts when decorating your home
        876 27  -  ■FENGSHUI What do wooden arrows, curved doors and awkward corners have to do with positive or negative energies? By 1 Tan Su Yen DON'T expect to make money from property in the Year of the Rabbit, says Hongkongbased geomancer Raymond Lo. The slide
        876 words
    • MOTORING
      • Article
        Feelin' groovy
        586 28  -  Christopher tak checks out a cool minivan CHRISTOPHER TAN LONG before MPV became a fancy term for minivan, Volkswagen was already producing the genre. To be precise, the VW van plan dates back to 1950, or three decades before Chrysler or Renault entered the game. Its Transporter-based invention
        586 words
      • Article, Illustration
        Lock icon A party of five x2
        525 28  -  By Christopher Tan THIS IS not an alternative to the Sharan, or any mainstream MPV for that matter. But it could be. Before you dismiss that as ludicrous, consider the following. An 11-seater wearing the much coveted Mercedes-Benz badge for less than $100,000 (after discount)
        ARTHUR LEE  -  525 words
    • EPICURE
      • Article, Illustration
        Lock icon Yu sheng with extra crunch
        439 29  -  Celebrity chef and newly converted lo hei fan Susur Lee shares his version of the dish with tax su yen TAN SU YEN SUSUR Lee, the talented Canadian Chinese chef who is now the Tung Lok group's in-house culinary consultant, has created numerous fusion offerings
        ARTHUR LEE  -  439 words
      • Article, Illustration
        Lock icon Oodles of noodles, and lots more besides
        627 29  -  NEW IN TOWN You've had your fill of wine bars, sushi bars and tapas bars. Now check out Nooch the Noodle Bar By Rahita Elias NOOCH the Noodle Bar the very name immediately tells you this isn't another of your run-of-the-mill noodle houses
        ARTHUR LEE  -  627 words
      • Article, Illustration
        Delectable sweet hearts for Valentine's Day
        232 29 CRAVINGS FORGET THE ROSES and the aftershave. Now that the famous Belgian chocolates Leonidas Pralines have come to town, surprise your love with chocolate, that ultimate aphrodisiac. Just about all of the 80 chocolate varieties in Leonidas at Orchard Hotel Shopping Arcade will make
        232 words
      • Article, Illustration
        Cakes for the aunties
        104 29 FORGOT TO ORDER pineapple tarts to take to your relatives this Lunar New Year? Not to worry. Ah Teng's Bakery in Raffles Hotel has a selection of delicious festive goodies. For its sheer good looks, consider the buttery Kueh Lapis ($35 for whole cake), decorated with
        104 words
      • Article
        Chinese exotica
        172 29 IF ALL THAT talk of love and chocolates this Valentine's Day is just not you, how about a quiet meal with a marina view? Captain's Table at Raffles Marina boasts a serene seaview with glimpses of the Second Link that is especially inviting at sunset. And the fare
        172 words
      • Article, Illustration
        Hip new cider
        143 29  -  Compiled by Tan Su Yen THERE'S NO NEED to go all the way to the UK to enjoy good cider. Asia Pacific Breweries (APB), the makers of Tiger beer, have just launched Strongbow White, a premium cider, made by HP Bulmer of Hereford, England, one of the
        143 words
      • Article
        Affordable options for the Chinese New Year
        887 29  -  WINE CONNOISSEUR How to celebrate without breaking the bank during the coming festive season By' N K Yong WINE HAS become so much a part of our way of life that it is now natural to think of wines to stock up for
        887 words
    • PURSUITS
      • Article, Illustration
        Lock icon Fruits of a Javanese posting
        866 28  -  EXHIBITION Stamford Raffles, the founder of Singapore, was also an obsessive collector, as can be seen in a show now on at the British Museum By, Anthony Thorncroft FT [LONDON] Stamford Raffles is best known today as the founder of Singapore, that whirlpool of successful
        FT  -  866 words
      • Article, Illustration
        Art with an agenda
        1009 30  -  Good luck characters, scrolls with paired couplets, cut paper ornaments, door guardians and pictures of children clutching rabbits they're all being featured at two New Year art exhibitions, parvathi kayak tells you where you can view them PARVATHI NAYAR THE Year of the Rabbit is just
        1,009 words
      • Article, Illustration
        Lock icon It's time to let your flowers do the talking
        1039 30  -  VALENTINE'S DAY Different blooms have different meanings, so why not compose a sonnet to yonr love by patting together a variety of flowers? By< Jaime Ee IT'S NOT easy being a florist, especially when it comes to Valentine's Day. One florist
        PHOTOS BY CHRIS LOH FLOWERS COURTESY OF THE WISHING TREE, TEL 235 6990 http//www wishingtree.com  -  1,039 words
    • TRAVEL
      • Article, Illustration
        Lock icon Good morning Vietnam
        1084 31  -  The once comatose entertainment scene in Hanoi is slowly waking up. But memories of war are never far away, make graham reports MARK GRAHAM THE DARK days and nights—of Hanoi are still a vivid memory for most of its residents. Just a decade ago, the Vietnamese capital
        FILE PHOTO; MARK GRAHAM; FILE PHOTOS  -  1,084 words
      • Article, Illustration
        Just in time for the Barossa harvest
        718 31  -  DESTINATION Late February is a good time to visit South Australia's famous wine processing region By. Agnes Wee HISTORY and wine if these two elements appear somewhere in your list of must-dos whenever you're planning a holiday, then consider hopping onto the Bluebird
        718 words
    • LEISURE
      • Article, Illustration
        WHAT'S ON
        479 32  -  Compiled by Parvathi Nayar MUSIC Violins and Valentines Kong Zhao Hui's violin is set to make these pre-Valentine Singapore Symphony Orchestra concerts a special treat, with Bart Folse conducting. The programme includes Tchaikovsky's Romeo and Juliet: Fantasy Overture and He Zhan Hao and Chen Gang's Butterfly Lovers Concerto.
        479 words
      • Article, Illustration
        Some sushi for the Sultan
        675 32  -  NIGHTSPOT Eastside, the latest addition to Mohamed Saltan Road, serves up the Japanese favourite along with 30 different kinds of martinis By] Parvathi Nayar Discounted sushi and martinis to usher in the New Year? Well that's the offer from Eastside, the new bar on Mohamed
        675 words
    • Article, Illustration
      CINEMA
      820 33 Bride Of Chuoky. In this sequel, the killer doll gets a girlfriend, and together they go on a rampage. Century. The Corruptor. Cops and robbers flick that pairs up Chow Yun-Fat with Mark Wahlberg and lots of edge-of-the-seat action. Chow is a cop who has sold out, then has
      820 words
    • Article
      ENQUIRIES AND BOOKINGS
      117 33 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Manna 338-9719 Whitesands 585-1782 Golden Villaga 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampioes 8 Tiong Bahru Yishun Overseas Movie Clementi/Co'wealth 777-0669 Golden/New
      117 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      153 25 Art New Year perspectives EL 6 I You can bank on the American Express Card. I Most people know American Express* for our unparalleled privileges, services and rewards. But did you also know that we provide a comprehensive range of financial services too? H Our Personal Financial Services unit offers
      153 words
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      Page 25 Advertisements Column 2
      2 25 SusurLee j
      2 words
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  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      208 26 CRYPTIC CROSSWORD 1 Nun's normal routine (5) 4 A theatrical troupe vacation--10 Touching feelings, needing di11 Melon makes Harry gassy (7) 19 Uncommitted but comes down hard on receiver of stolen 1 22 23 Strings were pulled to get JH. 24 Continent includes India, U 271 admit it, I sinned
      208 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      31 27 The secret of success IS Taking the right course, of course. Study the wide range of courses available in the Education/Training Section in the Classified Classifications 700 to 799. CATS. I
      31 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      83 28 ■flr' '^|99Bb^^L ij^L' M and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout
      83 words
    • Advertisement
      Page 28 Advertisements Column 2
      80 28 I LION CITY HOTEL THE SENSIBLE HOTEL Comfort Convenience Affordable SPECIAL PROMOTION Ski Superior Room Fvit day rate Day om rate 12pm-7 pm Night us* rata 7pat-3<an 3 mins mdk to MKT Stotion 15 mins drive to Chongi Airport 10 mins drive to (ID, World Trade Centre, Suntec Qty and
      80 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      173 32 Where to wine, dine and entertain../"*^ > > .V I Ii i Q/l Your Wedding is important to us.' Hi if i fr.i rmpfion. .i 111iu it or irr.uul C .intotK-sc dinner >|Hvm!l\ }Ti*|\irt J b\ our .i\\.irvi-uinmnj W .il» I «»k C.iiUofKNC Rot.iur.iru clu-N. |ktm»im! ifunfion uill lv m
      173 words
    • Advertisement
      Page 32 Advertisements Column 2
      202 32 Celebrate the last century with De Grand. CHINESE NEW YEAR SPECIAL < From 16 Feb'99 28 Feb'99 SET LUNCH-$9.80 NETT (11AM-3PM) SET DINNER 10.80 NETT (SPM 10PM) Jj jWS Thai style claypot red curry chicken with pineapple v Spanish pork ribs with garlic sauce claypot < Claypot fned beef with
      202 words
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      Page 32 Advertisements Column 3
      47 32 f BRUNCH ?5Z.00*" P£R ADULT WITH FREE-FLOW OF CHARLES HEIDSIECkf CHAMPAGNE, REP WHITE WINE, draught tiger peer m FRESH FRUIT JUICES >28.50*** PER CHILD WITH FREE-FLOW OF SOFT PRINkTS 1 PAOLO J|L PING'S PASSIONATtLY ITALIAN TASTIFULLY CHINESE ROYAL CROWNE PLAZA SINGAPORE 25 SCOTTS ROAD, SINGAPORE *****0 731-7^35
      47 words
    • Advertisement
      Page 32 Advertisements Column 4
      153 32 ST. GREGORY'S BRASSERIE Indulge in a lavish seafood dinner buffet with your loved ones. What's on the dinner buffet menu will truly delight lovers of fresh seafood dishes. #48 per person. HUA YUEN CHINESE RESTAURANT Special six-course Chinese dinner specially prepared by Hong Kong chefs at #88 per couple. 'All
      153 words
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      Page 32 Advertisements Column 5
      128 32 entine <J)ancino gurprisef Ml? k Ballroom dancing, a special performance by Ifeji Dallas e3 Martha Williams, and a sumptuous seafood 1% dinner with a glass of wine at The Neptune. Date :14 February 1999 7.30pm-l .00am Price $38nett per person Reservations: 224-3203 KwrioH- CvOSSrOouA; 11- Z.lQf>v*. The Singapore Morrion Hotel
      128 words
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  • Page 33 Miscellaneous
    • Miscellaneous
      Page 33 Miscellaneous Column 1
      2160 33 TODAY'S TV Premiere 12 g L3O TV Innovations. RECOMMEMDED VIEWING 3.00 CDIS PM TV Innovations. 4.00 Dimensi Musik. TTIP tr*nilVllo West in order to escape 4 oo ldz Blltz Sesame 430 Semarak Dangdut. ine trOllDie from his coach. Dolph 5 .00 Sam* Max. I™ y o^ uzik Willi teens Lundgren
      2,160 words
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  • EXECUTIVE MONEY
    • PERSONAL INVESTMENT
      • Article, Illustration
        BT Sentiment Index
        774 34 BULL'S A 7s Keppel TatLeeßank ♦(Buy) Fraser-AMMB Research, Feb 11, $2.42 The bank's fair value is $2.60, up from our earlier $2.30 level. This suggests a price target of about $3.12. The stock is also trading at the lowest PBV of 1.08 times. On fundamental grounds, Keppel
        774 words
      • Article
        How much cash is good?
        1011 34  -  With no guidelines for fund managers, that's a tough question to answer, says vono wxa kono WONG WEI KONG CASH is king, or is it? It all depends on where you are coming from. Cash is fine if you are an investor who is happy
        1,011 words
      • Article, Illustration
        Play it safe in the Year of the Rabbit
        964 34  -  Stick to blue-chips and look beyond expected disastrous corporate results for a profit rebound in 2000: brokerages By\ Louis Beckerling THE fleet-footed hare of fable lost the race to a tortoise and therein lies a lesson for the investor in the
        964 words
      • Article
        Untitled
        270 34 BANKS/FINANCE COMPANIES BELOW $3000 (3000-4999 $*****999 $*****-***** $***** UP DBS (Auto-Save) 1.0000 1.2500 1.2500 1.2500 1.5000 Hong Leong Finance (Savers Plus) 1.5000 1.5000 1.5000 1.5000 1.5000 Singapore Finance (Savers Plus) 1.2500 1.2500 1.2500 J.2500 1.2500 HSBC(Cheque-Up) 1.2500 1.2500 1.2500 1.7500 2.1250 Keppel TatLee Bank (MoneyMax) 1.2500 1.2500 2 0000 2.0000
        270 words
    • Article
      ACU DEPOSIT RATES Offered by various banks (as at Feb 10, 1999)
      1314 34 D*po»it imoum 1-mth 3-mtfi 6-mth Depot It amount 1-mth 3-mth 6-mth w AS S10 000 A24 999 4 0300 4 0700 4 0700 25,000 74 999 3 6250 3 6875 3 6875 A25 000 A49 999 4 0600
      1,314 words
    • UNIT TRUSTS
      • Article, Illustration
        Lock icon Alliance Capital set to continue growth
        930 35  -  US fund's MD shares with rahitablias its strategy of beefing up marketing, diversifying funds portfolio, broadening distribution channels RAHITA ELIAS THE industry may be down, but things at Alliance Capital Management (ACM) are still humming along. The US fund manager, which opened here in
        ARTHUR LEE  -  930 words
      • Article
        Revamp of unit trusts table
        791 35  -  By i Shiv Taneja INVESTORS will notice several changes in the revamped monthly unit trust performance table that is produced for BT by fund monitor Standard Poor's Micropal. The more obvious of the changes is that several sectors have been re-classified while some new ones
        791 words
      • Article, Illustration
        Lock icon Fund profile
        318 35 Compiled by BT Investment objective Long-term capital growth and regular income through investing in stocks on bourses in the Asia Pacific, including Sri Lanka, Pakistan, Australia and New Zealand. Investment style Emphasis on a bottom-up approach. Regular company visits are made, and supplemented with quantitative tools. Market outlook
        Compiled by BT; Source: S&P Micropal  -  318 words
    • Article
      THE UNIT TRUST SCORE BOARD
      1984 35 Putt trust performance ranking Next publication date: March 12,1999 UrnMfc IMk lafta Ittk Ijr tm lm MnpH awn hm« wmw am* nwn mm E «mw m/h mmm mmm mmm n» 02-01-1975 106 970 1178 4.7 -32.78 -3033 DBS Shenton Thrift 13-08-1987 116 0 2025 4
      1,984 words
    • RESIDENTIAL PROPERTY
      • Article, Illustration
        Lock icon Draw of Upper Bukit Tim ah condos
        886 36  -  Freehold status of most apartments in the area and their proximity to Orchard Road help maintain healthy demand despite falling prices, david boey finds out DAVID BOEY CONDOMINIUMS in the Upper Bukit Timah/Dunearn Road stretch may still be some of the most sought-after
        CHRIS LOW; JEN CHUA  -  886 words
      • Article, Illustration
        Lock icon Raising standards of property managing agents
        793 36  -  An industry body is working on accreditation plans for agents who currently don't need licence to operate By< Corinne Kerk WHILE a survey has found that residents in private condominiums and apartments are not aware that their properties' managing agents do not need a
        FILE PHOTO  -  793 words
      • Article
        House Hunt
        847 36 BANKSrTINANCE COMPANIES YEAR 1 YEAH 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6-10 YEAR 11-36 Citibank* (max of 30 years) -1 to 5 years loan duration 5.5000 5.5000 5.5000 5.5000 5 5000 -6 to 10 years loan duration 5.7500 5.7500 5.7500 5.7500 5.7500 5 7500 -11 to
        847 words
    • PERSONAL FINANCE
      • Article, Illustration
        A regional boost far unit trusts is possible
        725 37  -  THE FIVER POINT Follow the European way, with common regulations across the region Shiv Taneja BY any yardstick, the past three years have been by far the most exciting, busy and, in some measure, profitable for the unit trust industry in Singapore.
        725 words
      • Article, Illustration
        Lock icon Get good deals from airlines and hotels
        907 37  -  Here's how Amex can help companies negotiate and cnt their travel costs By. Eric Meierhans The writer is director, American Express purchasing management group, Asia-Pacific Australia. TRAVEL and entertainment is the third highest controllable cost for Singaporean companies, with the average annual expenditure
        FILE PICTURE  -  907 words
      • Article
        We'd like to hear from you
        101 37 IT has been five weeks since we launched Executive Money comprising seven pages of news, views and features on matters that concern you and your finances. We'd like to hear from you on what you think about the new section, and the topics you
        101 words
      • Article
        Pay to exit
        303 37 Malaysia imposed an exit tax on investors who want to withdraw profits or the principal of their investments in properties, bonds or shares. Here's how you may be hit. LEVY CALCULATION WHAT YOU PAY On funda brought in If the principal is repatriated within a year, before
        303 words
      • Article
        Want to invest in PENs? Here's how
        886 37 From now until 12 noon of Feb 18, you have a chance to subscribe to the retail tranche of government investment company Temasek Holdings' US$765 million convertible DBS note issue. The zero-coupon notes the retail tranche comprises SS3O million worth are called "privatisation
        886 words
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  • Page 37 Advertisements
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      244 38 Investment Stocks pickings in '99 EM 10 •*> ;r^Mfifc~^N ßr k A^ 4z ■*"-i v y P&r <y .vv '49SeS«^1^h^3B^BB SIEW YAW HOONG Is cash always king? Should fund managers be allowed to hold cash when they are supposed to be investing? Or should they stay invested at all cost
      244 words
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      Page 38 Advertisements Column 2
      12 38 ,y. J| In, Property Draw of Upper BukitTimah condos HBiBHHi EM 13
      12 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      331 39 Bridge News Reuters THERE appears to be a fair amount of fixing and failing in the Atlantic Panamax market with several ships reported fixed said to be back on the market. There has been a little activity in the US Gulf grain trades, but rates do not appear
      Bridge News; Reuters  -  331 words
    • Article
      MARITIME STOCKS
      281 39 SO 000 MI; a w CWT Distribution 0.53 *0.04 32 Chuan Hup 0.595 *0.005 168 Cosco Investment .0.47 Freight LMu 0.165 *0.01 399 CBHoMtrigt 0.345 Hal Sun Hup 0.465 *0.025 261 MC Jio. ii .HK 5.6 Java Holdings 0.525 *0.025 106 Jurong Shipyard 6.70 unch 741 K*pp*1Corp 4.10
      281 words
    • Article, Illustration
      Lock icon Bimco objects to revision of US maritime law
      547 39  -  It is protectionist and a threat to foreign trade, shipping body says By: Felix Chan [SINGAPORE] A planned revision of the US sea carriage legislation has been met with opposition from at least one camp in the international shipping fraternity, which described
      FILE PHOTO  -  547 words
    • Article
      Typhoon clause fails to nullify policy covering vessel lost in typhoon
      735 39  -  ADMIRALTY CASEBOOK By Selva Kumar AN insurance company has failed to convince a judge in the Supreme Court of Victoria that a typhoon clause should be applied to nullify a policy, which had covered a vessel that was totally
      735 words
    • Article
      EC fines AP Moeller for not reporting mergers in time
      227 39  -  By Marcus Hand [SINGAPORE] Danish shipping giant AP Moeller has been fined 219,000 euros (*****,728) by the European Commission (EC) for failure to report three mergers to European anti-trust regulators in time. The European Commission, the EU's executive agency, said
      227 words
    • Article
      Lock icon S'pore bunker suppliers face bankruptcy as demand falls
      216 39 Bloomberg [SINGAPORE] Independent ship fuel suppliers in Singapore face bankruptcy as a business slump across Asia slows shipping traffic and dampens demand for the bunker fuel. Prices for the fuel have fallen as much as 41 per cent since September. "Most bunker
      Bloomberg  -  216 words
    • Article
      Port of Tanjung Pelepas to start operations by Dec
      93 39 [SINGAPORE] The new Malaysian port at Tanjung Pelepas in Johor is scheduled to begin commercial operations by December. Being developed in five phases, the whole project is to be completed in 2020. A Tanjung Pelepas Port statement said that phase one
      93 words
    • Article, Illustration
      Lock icon Dockworkers' attitude rapped
      1034 40  -  AUSTRALIAN WATERFRONT CONFERENCE P&O Ports director blames poor attitude, unrealised targets and excessive industrial action for low productivity From Jerzy Farynski in Sydney Australian dockworkers have come under fire again for their lack of proper work attitude and declining productivity rates. Australia's stevedoring companies, companies who manage
      FILE PHOTO  -  1,034 words
    • Article
      SHIPPING SCHEDULES INDEX
      337 40 PAGE FoongSun 0 anl 3 Froti 13 Accord 8 Frt Links 14 Ahrenkiel 14 6 Link 4 Appenship 5 Gemartrans 8 Austral 8 Genshpg 14 Avant 14 Glory Nav 14 B'tang Mas 8 HaiSunHup 8 BSA 7 Hanqli 7 BTL 14 Hanjin 3 Balaji Shpq 4 Heung-A
      337 words
    • Article
      SHIPPING GUIDE
      19417 47 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT CTA ETA Advertiser Vessel Voy age Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Htmt Number Number SIN Dest'n Name N«me Number Number a/02 21/03 Austral CAPE MORETON TBA 45 *****22 To ABIDJAN (ABJ) 2003 Cot* D'I voir* 01/03 12/03 pil bunga kenari
      19,417 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        614 53 Vessel Voy No B«rth Arrival Departure JarMf Nrt Aulia Seraya 0499 J02 alongside 11.02/2000 Bt Mekar *****9 JOt alongside 12.02/0800 Bt Sur Hi *****9 J01 alongside 12.02/0100 Buana Atadi 02/99 J03 alongside 11.02/2359 Butt 2/99 J11 alongside 11.02/0800 C Progress 11/02 J09 alongside 11.02/1500 Mar Master 9905 J22
        614 words
      • Article
        CONTAINER SCHEDULES
        1774 53 RECEIVING OF EXPORT FCt CONTAINERS AND LCL CARGO Booking/Btitnce Rstls Ship Voy No Etb/Btr Period From To From *<■ dm* 020A i4/noo u n/noo ivnoo a n/noo n/i*S4 n/woo ik n/iroo 12/0*54 12/ofoo 21 n/1700 12/0*54 12/0*00 I 12/0700 12/1154 12/1400 4 12/1200 12/1454 12/1700 *KJTr< 054 U/2H4
        1,774 words
      • Article
        GLOBAL HOLIDAYS
        222 53 Feb IB China: Chinese New Year Eve. Taiwan: Chinese New Year Eve. United States: Washington's Birthday Holiday. Feb If Brunei: Chinese New Year. China: Chinese New Year. Portugal: Carnival. Singapore: Chinese New Year. South Korea: Chinese New Year. Taiwan: Chinese New Year. Fab 17 China: Chinese New Year.
        222 words
      • Article
        COCKETT BUNKER MARKET REPORT
        764 53 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 based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the Individual
        764 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        490 53 Carta* ISO Mu 994.8 0 13 0 0 0.06 F*4 Density Water Mto Ask AiwnMiia Mtuwnt No above E25 2 0 0 0 2 0 MO 987.4 OJ 14.8 0.06 29 0.02 (in. 380 Mai 991.7 0.9 19.8 0.12 65 0.07 MAM %M/W »M/M rni m**4
        490 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        SIA firms up US$2.2b Airbus order
        271 54  -  Ry\ Felix Chan [SINGAPORE] Singapore Airlines (SIA) has firmed up an order for up to 10 Airbus Industrie A 340-500 ultra-long range jets potentially worth US$2.2 billion (553.7 billion), following a commitment made last May. The contract covers firm orders for five aircraft and
        271 words
      • Article
        Lock icon No delay in Airbus jet delivery to China
        156 54 Reuters [HONGKONG] Airbus Industrie said on Wednesday the Chinese civil aviation authority had not asked for any delay in the delivery of 21 aircraft in 1999 to China. "The Chinese government has asked for no delay," John Leahy, Airbus Industrie's senior vice-president
        Reuters  -  156 words
      • Article, Illustration
        Lock icon Pilots ordered back to work
        698 54 AjgppTnm ATPf.TMpg STMIE Court issues temporary restraining order against pilots Reuters [DALLAS] American Airlines on Wednesday won a court order telling its pilots to end a work slowdown that has grounded over 40 per cent of its daily flights and disrupted travel ahead of the
        Reuters; FILE PHOTO  -  698 words
      • Article
        Lock icon GM study shows all-day headlights cut accident rate
        190 54 Bloomberg [CHICAGO] General Motors Corp, the world's largest automaker, said an internal study shows that the all-day headlights it introduced in US vehicles beginning in 19% helped reduce daytime collisions by 5 per cent. GM studied records from seven states. It compared
        Bloomberg  -  190 words
      • Article, Illustration
        SIA's push for Bali
        79 54 [SINGAPORE] Singapore Airlines (SLA) senior vice-president (marketing planning) Huang Cheng Eng meets an Indonesian official after a ceremony to mark the airline's donation of a $125,000 air quality monitoring equipment to the governor of Bali. The equipment is to help maintain the resort's image as a
        79 words
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        Lock icon MAS to map out contingency plans for Y2K
        267 54 By Jane 30 it will decide which cities to avoid flying to on Jan 1,2000 Reuters (KUALA LUMPUR] Malaysian Airline System Bhd (MAS) said it will decide by mid-year whether to avoid flying to certain destinations on Jan 1,2000. Executive vice-president Rodzlan
        Reuters  -  267 words
      • Article
        Lock icon Few British trains punctual last year: study
        244 54 AFP [LONDON] Few trains ran on time on Britain's troubled railways last year when 24 out of 25 train companies failed to score top marks for punctuality, an official study showed. "Punctuality remains poor and these results are not good enough," said Rail
        AFP  -  244 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1783 54 CUT FU6HT ETA fllCHT CTD S***** 1650 LH787 2359 HMMl A*8230 1920 W4587 2359 IH6381 1920 *****6 2359 ***** HgQ hWi 509M TO ***** <00 Amttrfem SO327 OflOO KL844 0105 Cw0NnC S0M3 1915 CZ354 0910 CA973 1005 N***** 2320 S0804 >015 KL837 1535 $0328 2320 «N7«
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      • Article
        Lock icon VW in talks to lay off Argentine workers
        366 54 Exports to Brazil down 50% in January Bloomberg [BUENOS AIRES] Volkswagen AG, Europe's biggest carmaker, is negotiating with the union at its Argentine unit to cut back operations after exports to Brazil plunged 50 per cent in January. The company's 3,000strong labour
        Bloomberg  -  366 words
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      14 39 Aussie dockworkers' attitude rapped Poor attitude, unrealised targets blamed for low productivity. Page 2
      14 words
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      Page 39 Advertisements Column 2
      198 39 American Airlines pilots ordered back to work Court issues temporary restraining order against pilots. Back Page Showcase your services to the region's work boat industry shipping times Special Feature February '99 v. *i "i rrmm^\ Despite the economic slowdown, 1 I the Asian Marine Market seems m poised for a
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      1204 40 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS-PtRECTTO LA WEST COAST OF CENTRAL AMERICA (MAWQABUA SERVICE) vesa voir msai la dm nou ok ["St man vtssa vot psT|n.otim*|oouwu sahumbco cotno rromau|ww*vßnwu| wmmnc imusTot o«so4 itTm it/m »s/03 m/m m/m m/m "TT/ia isTS [ms
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      Page 40 Advertisements Column 2
      732 40 Lines services represented Dy Members of the Registry o» Accredited Shipping Agents Singapore Shipping Association Mempers o» the Singapore Fretght Forwarders Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMMER/FREMANIIE (MONTHLY SERVICE) MV "TBN" ETA SIN 25/02/99 BOOKINGS CALL MONKA/AI UNO TEL 323 4374 CONTAINIKS/ CONVENTIONAL CARGO
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      Page 41 Advertisements Column 1
      1124 41 TO EUROPE FROM EUROPE IvKSE VOT I SRI RTR AMR HAM MV SOU FIT t£H 11 VtSSB VOTRTRANRHAMIRVSOUFITUH SW TTM S24W 12/01 21/01 02/03 05/03 06/03 HY NUMBS 31X21/01 23/01 20/0120/0113/02 HYfflWUl 314W 15/02 04/03 00/03 09/03 03/03 MAAS 5271 24/01 24/01 29/01 30/01 17/02 THAWS SS3W 10/02 13/03 10/03
      1,124 words
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      Page 41 Advertisements Column 2
      1892 41 ®HANJIN SHIPPING iikfl t MsMpLm -s*i J2M730 HAIUM SMfftNG (S) PTI LTD h* //mm am MXKMO 37*0735 737 SAl£s 37*0774 731 DOCUMENT 37*0771 7/4 OfHAIKMS 37*0750 751 MAM INK *****55 FAX 777WM dMO *****T*****M TO NW USA A CANADA USA CANADA* imvsi/vot iam $m umhaue/vot sa frw at* roi Hoi
      1,892 words
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      Page 41 Advertisements Column 3
      400 41 ssr wr so fit wr so hm jh_ jw_ _ns_ KMTC PROVIDES MOOTUM IPS M/OI H/OI IB 17/D1 Ml B/B UAH IVB mtcmum bis »/tii is/w 07/w bai ii/b AD RRPAKRIII K MK g&lt Wis Ml B/b WM OVO? 17/B W/W 11/B 11/B IIEVIWtMfI DnCMIVDULW KTuwAiswwna ML 11/b '</O? IVW
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      1665 42 MR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANS ANAPA VfSSfL VOY LEH HTM AHH MAO MV fU VtSSfL VOY SW PIT l>t fOI W.C WTW TIUM ETtRNITY WQMt 12 02 MO3 17 U 04 03 HO3 (713 PMiRMO SENATOR WMdO II K 07 13 0103 11 03 13 03 20 H PUGWASM
      1,665 words
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      Page 42 Advertisements Column 2
      892 42 mJkM MAC-NELS S PORE M'SIA Carrlar MM CONTR LINES, INC P. GUOANG: (07) *****26 I I IV/ J cm 800. 18W***** 8BU: (084) *****1 MANILA: (832) *****34 PENANQ: (04) *****38 BANGKOK: (882) *****87 SURABAYA: (31) *****0 P. KELANQ: (03)*****77 JICT (21)*****07MON: (81)*****3 KUCW4Q(082)*****1-3 BARCELONA I BANGKOK (BUT PORT) MV "VILLE
      892 words
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      Page 42 Advertisements Column 3
      566 42 LINE J TIL* M ***** FAXi *****11 MUARA LABUAN msa vor no ra rnsa vot rn> eta SPOtl MUAAA SPOOf UN STTU/TS HOff VO3I/99 13/02 15/02 STRAITS HOPE VOJI/W 1 J/01 17/02 OUUM JN332 VO4I/91 20/02 23/02 STKAfTS HOP! VO4I/99 24/02 »/02 STMITSHOPI VO4E/99 24/02 27/02 (ARAJIA JN332 VOSt/99 01/03
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      Page 43 Advertisements Column 1
      1267 43 IVESSCL VOY SIN PKG PEN POB DUB DAM BMJ IBA I BIK I IRAN TABATABAEI PJLI33I 00/02 18/02 19/02 20/02 22/02 24/02 IRAN TEYFOURI PJLI32B 13/02 22/02 23/02 24/02 28/02 28/02 IRAN BAKERI PJLI336 22/02 03/03 04/03 06/03 07/03 00/03 IRAN SATTARI PJLI334 01/03 10/03 11/03 12/03 14/03 18/03 IRAN
      1,267 words
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      Page 43 Advertisements Column 2
      2666 43 JiafMli* VOOI3W (ETA SIN 1 3 M 99), Cofco USA I«itC#«it I All-Wafer icrvid will <«ll at I I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL: 226 1900 FAX: *****08 OUTWARD (B/L) COSTAR SHIPPING PTE LTD ii7-osmsku>g saus/bkgs 420sis7/60 inward dept d/o) *****85 COSTAR AGENCIES (M) SDN BHD CI NO:
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      1462 44 EURO«yVKyStiUIOIN*VVVFINLANOfIUMIA SGP RDM ANW HBG THP ZEE LHV LHV THP ROM ANW HOG PKL SGP E. DAINTY RW 009 14/02 05/03 06/03 04/03 10/03 E RENOWN RE 032 21/02 23/01 22/01 24/01 20/01 11/02 11/02 E. DYNAMIC RW-003 21/02 12/03 13/03 15/03 16/03 17/03 E. RIGHT RE-037 28/01 30/11 20/01
      1,462 words
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      Page 44 Advertisements Column 2
      796 44 r jggaii PACIFIC INTERNATIONAL UNES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 Ilvpsa »0T m~ rn 111 std mww in am re pb lw I UMA AIISItAUA 13/2 IS/2 22/2 17/2 3/3 7/3 13/3 15/3 I I I pgHn ft i/i j/j */i
      796 words
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      Page 44 Advertisements Column 3
      617 44 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VOT SIX PU) DDI M (ft Kl NANttIfIBNQ V.027S 14/02 21/02 03/03 M/ 03 WAWm VENUS "tOrT 11/02 It/oT 02/03 OS/03 ofc/03 "w/oT GOLDENDRAGON MIPS 03/03 1 2/03 lt/03 "woT 20/83 NANIAI QUEEN was 13/03 22/03 26/03 21/03 30/03 02/
      617 words
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      Page 45 Advertisements Column 1
      456 45 BSfl a mm. MYANMA wHBk FIVE STAR LINE (Myonnar National Lin*) Loading for Yangon (Rangoon) VESSEL VOY SIN Ptl PEN PGU HPA-AN 2S6W SID MONG-U ?0W SID MALAYSIA AGENTS: KHJSTUO SHIPPING AGENCIES KUI: TH (03)2417)00 Kl: TEL (03) 376*101 PfN: m (04)2****** PGU: TIL (07) *****21/4 BANK LINE s«fvi<* Andrew
      456 words
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      Page 45 Advertisements Column 2
      1324 45 HYUNDAI MERCHANT MARINE CO., LTD. IVBSE VOY SM SOU I UHIRIMI AWT I HAM |WVI Ivtssa VOY|SOU|iB<|KTM|ANT|HAM|IBV| Fa ISI 1 DANUM 543W 11/02 01/03 o*/03 03/03 04/03 NY AOMMAI 3171 11/01 23/01 20/01 21/01 11/02 TYNE 524W 12/02 05/03 o*/03 2R/02 02/03 HYHGHNESS 3151 22/01 27/01 23/01 26/01 13/02 HYfHXRAL
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      Page 45 Advertisements Column 3
      1098 45 norwogian tpeaakied CKtooamrnn o®^(£j(§ Wilhelmsen Lines TO NORTH AND LATIN AMERICA -RORO HIAVYUFT StRVKi' VISSII VOY RAMP HEIGHT SIN lAX CRL MIA SAV ML ORF NYC NEW MOO TIMS F905 4001 MS 6JM 23/02 2S/03 ***** 0676T 04/04 10/04 11/04 12/04 17/04 11/04 TOM F906 400 Ims 6.3 M 11/03
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      759 46 BANGKOK/MAP TA PHUT/LAEM CHABANQ JAKARTA/FAN JANQ VESSEL VOY SIN BKK MTP LCH~ VESSEL VOY SIN JKT PJN MATHU BHUM 402N 13/02 17/02 18/02 ANRO JAYAKARTA" 074 13/02 16/02 YANTRA BHUM" 279N 14/02 17/02 16/02 ACX JADE* 41S 14/02 18/02 CHANA BHUM" 57N 15/02 19/02 VIRA BHUM 248S 15/02 19/02 16/02
      759 words
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      Page 46 Advertisements Column 2
      564 46 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL COWTDUNEB SERVICE «L IvOTIWC MnT W INI STB MR ft API Hi MBTBffßwaa m n/wn/w 21/02 »/w *i/m »4/« tr/ta Afiivarr 10s 11/w n/n oy« *y« *»/*3 m/m tfimaum m h/w27/01 n/u i 2/*3 h/m u/m KASUGAI "|m" #4/M«*/W 17/Ba| |a/oil FEEDER SERVICE
      564 words
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      Page 46 Advertisements Column 3
      953 46 VESSELS |WYT SW I PKL I JED I MLA LEH RTM HAM ZEE SOT VK-LE DE TANYA T3OW 18/02 17/02 25/02 02/03 06*03 08/03 11/03 12/03 13/03 W-LE DC TAURUS A3OW 2SQ2 24J02 06/03 OftTO 15AP 1&TO 18*03 IWQ3 jMO VILLE D'AQOARHJS U3OW 02/03 03*03 12/03 16*03 22/03 23/03 24*03
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      Page 47 Advertisements Column 1
      53 47 VbTal STHfc^Dial74o-6000 Oil G€ITI3nG —JBaJ (Retrieve more schedules!) STVJ Press "1" Select the port and key in SlKj the four digit code eg: To New York (NYQ 2275 Key in your fax number —mmJ Enter your phone number Another innovative service offered by The document Will be Shipping Times 33^2,^
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      Page 49 Advertisements Column 1
      54 49 ■r^TAJI Dial 740-6000 on demand (Retrieve more schedules!) Sy4 Press M r Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number I your phone number Another iftnovstfve service offered by The dOCUment Will be Shipping Times ?mjj! z&szgc.
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      137 50 BjBPWKBBIIIjW FREE Reader Enquiry Service cut out and Fax to: 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination. Cargo Volume: Special Requirements: I ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product
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      Page 51 Advertisements Column 1
      1076 51 SHIPPING LINE LTD —72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 ■Ah TEL: *****88 FAX: *****29 (OUTWARD) I *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LIME: 535 6266 Cella/Je«slca/Mol Chan/Jatlynn/Dora/Hanlm E222Z33BSSESSH 7 slgs/week E5212Z3il 2 slg/week I VESSEL TVOY FSIN [~JAK VESSEL
      1,076 words
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      Page 51 Advertisements Column 2
      1138 51 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO m SW JKT W KW TK I Oil KM HAi nyi or, SAV WW jj HOU HOtpg DCNt 01 /n wm u/oi u/oi io/Q7 ls/oa 70/07 mm 73/03 tt/oa vm 30/03 03/04 01/04 11/04 —\iil\ iiffl gfli lag &L 1 M nikjjk
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      Page 51 Advertisements Column 3
      106 51 SHIPPING •WAREHOUSING Baton Singapore leading Daily Mon lo Sal (BATAMINDO l/lll) Accepting KlX'onvmbonal/Pnijecl/Heavy Lift Cargo Sl Reefer Container Binton: Singapore I wading Mon. Wed &Hn (BATAMINDO II) Accepting KlXonvenUonal/Project Heaw Lift Caijto T#fc 227 0322 Fax: 222 9330 BatomiMio Shipping ft Warehousing Pto lid 7A K«fH P«f c—i*o»-SI *****4 lIMIIMI
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      Page 51 Advertisements Column 4
      708 51 fffg Singapore Soviet Shipping CPL k\\v aN* Iooso*ooooo* Multiline Shipping Pi W33J mMy-O^VMtary) a No **********0 C VESSEL VOY SIN BOM PNG PKL KOTARATU RTUO3S 13/02 21/02 05/03 PERAK 125N 22/02 02/03 13/03 KOTARUKUN RKNO29 27/02 07/03 19/03 VESSEL VOY Stti CALCUTTA SIN EPONYMA 005 16-17/02 21/02 04/03 M REGINA
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      Page 52 Advertisements Column 1
      594 52 I- VESSEL VOY SINMAASII^ TIGER ISLAND 683N 12-13/02 18-21/02 26-27/02 I TIGER PEARL 684N 15-16/02 21-24/02 01 02/03 I TIGER SEA 685N 19-20/02 25-28/02 05-06/03 I TIGER BAY 686N 22 2002 *****3 06 09/03 I TIGER ISLAND 687N 26-27/02 04-07/03 12 13/03 I TIGER PEARL 688N 01-02/03 08-11/03 16-17/03 I
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      Page 52 Advertisements Column 2
      909 52 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com. sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA BUENOS AIRES CEBU ISTANBUL IZMIR LAEM CHABANG MALTA SANTOS SHANGHAI PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong *****113 flm»©a«i«»nline.net Port Kelang *****40 flem6tm.net.my iffofao kunthidci@fletti.co.th Surabaya *****00 fle-sub@sbv.mega.net.
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      Page 52 Advertisements Column 3
      28 52 CONVENTIONAL SERVICE VESSEL ETA ETO DESTINATION CHAHAYA VICTORY 08/02 09/02 JAKARTA SURABAYA SOUTHERN OUEEN 08/02 10/02 BANGKOK SEA SHINE 08/02 10/02 PANGKAL BALAM CHAHAYA STAR 10/02 12/02 PALEWBAN(?/PONTIANAK
      28 words
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      Page 52 Advertisements Column 4
      789 52 OOCL (Singapore) Pte Ltd CFS I 79 Amm Rm4 #21-04 (S) *****6 t* 513 #01-128 CI MO *****7M000H Ufc 272 7127 F* k-kkf gh ftpyH ggj§^ (Malaysia) Sdn Bhd (Rag N* *****?-4j| fo .'St PCTAUMG JAYA T«t 03-75* 7774 Fax: 03-754 6657 L ga J l PfNANG T«fc 04-*****45/1 Fu:
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      Page 52 Advertisements Column 5
      148 52 FULL CONTAINER SERVICE SIN PASIR QUDANQ SIN DAILY SAILINGS Pgg- I VOY l ETAK IMY I VOY jETAStt I DAY I (TOOGRESS j 9941$ J Ma«/v9|SKT) *****N 2MJ2/99 (SUN) AGENTS: {ffSSSiii'lSSS 0 m LTD C/R NO. **********0-W run Mmm COMPASS SHIPPING AGENCIES SDN BHD TEL. 02 (07) *****09 (HUNTING LINE)
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  • Page 53 Miscellaneous
    • Miscellaneous
      Page 53 Miscellaneous Column 1
      124 53 LEGEND R Thunderstorm Temperature c y Shower Weather Wind dvection with speed in knots ee Rom W Cloudy Sky Wov Surfoce winds are indicated by arrows which Hy with the wind Q One HA circle represents calm or Ught ond vorioble wmds J One hoM Heche represents 5 knots I——
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