The Business Times, 15 February 1999

Total Pages: 36
1 36 The Business Times
  • 13 1 THE BUSINESS TIMES MITA (Pywtisß^r 85e SINGAPORE Internet: http://business-times.asial.com.sg/ MONDAY, FEBRUARY 15, 1999
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  • 58 1 STOCK MA1KETIMDICB8 Week Change STI 1,354.85. ...-5.33 SMSCI FUTURES.moO +0.80 CT8HL 547.09 -5.60 KLSE COUP—. -570.7* +1 i .99 NIKKEI 13,973.6».....+75.81 HANG SENG 9,425.42 +235.22 SET INDEX. *****. +9.47 JAKARTA COMP— ...400.56_..-e.00 MANILA COMP.— 78.„.-58.06 TAIPEI WPI 6,79e.«0...._ +87.82 SEOUL COMP .551.77 +0J8 CLSA CHINA B 472.0a +714
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  • 83 1 F0UXSA9BS us$ ss USI 1.691 (USJ/SI per 1829 2.746 EURO (USS/SS per E) 1.124 1.901 DM 1.739 0.972 YEN 114.3 1.479* RM .1.800 0.445 HKI 7.750 0118 BAHT. .36.99 0.046 RUPIAH 8,075. .0.019* *SSto 100 units PUKE KATES SINGAPORE* A»1 KUALA LUMPUR 11.50 JAKAJBA— 28.00 BANGKOK 14.75 MANILA. ..22.90
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  • 741 1  -  Growth in global shipments expected to top 18%; revenue to rise 7%: study By, Jennifer Lien [SINGAPORE] Prospects for Singapore's computer disk drive industry, which were already showing signs of being on the mend, are now looking even better with growth forecasts for drive
    741 words
  • 618 1  -  Republic 4th largest foreign investor with USs3.4b in 1998 By Lu Ning [SINGAPORE] Despite the regional economic crisis, Singapore's investment in China rose by a surprising 30.4 per cent in 1998, according to latest statistics compiled by China's Ministry of Foreign
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  • 1060 1  -  Service benchmarks in office show why it's voted best ISP By Catherine Ong [SINGAPORE) It has been a good day at Pacific Internet Ltd. The red lights on the electronic board showed it all. The one flashing CW came on momentarily
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  • 349 1 [SINGAPORE] Singaporeans must continue to build on their national cohesion to see them through the current economic troubles, Prime Minister Goh Chok Tong said in his Lunar New Year message. "Together we will win this fight," he said in a statement yesterday. "A deep
    CHRIS LOH  -  349 words
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    • 130 1 DBttDE More bond mom Citibank sees companies issuing up to $10 billion worth of medium-term notes in Singapore this year. Sunil Sreenivasan, Citibank's local chief executive for corporate banking, anticipates about a dozen companies representing high quality credits coming into the market, Pf2 Rftfiflrd PC shipments The Asia-Pacific markets saw
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    • 241 1 Exclusive Interview Chla Shi Teck, executive chairman of Heshe Holdings, outlines his plans to list two of the company's divisions Full report, Pg 11 pp EAJ CJ I Reliability around the world. R FAST RELIABLE CONVENIENCE Thanks to our computer Western Union has been in Today with 50,000 agent network
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  • SINGAPORE AT HOME & ABROAD
    • 576 2  -  Large corporates likely to be drawn by prevailing low interest rates By Ven Sreenivasan CITIBANK, lead manager for two statutory boards' recent bond issues, sees companies issuing up to $10 billion worth of medium-term notes (MTN) in Singapore this year.
      FILE PHOTO  -  576 words
    • 243 2  -  Republic will make maiden appearance on Feb 16-17 in Paris By Lu Ning SINGAPORE has been admitted as an observer at the Trade Committee of the Organisation for Economic Cooperation and Development (OECD), said a weekend press release by the Singapore Trade
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    • 289 2  -  By] Rahita Elias NATIONAL carrier Singapore Airlines (SIA) is shifting across the road from Mandarin Singapore hotel to bigger premises in the Paragon to improve ground services for its passengers. An industry source told BT that the airline plans to
      289 words
    • 317 2  -  EYE ON THE ECONOMY Electronics By. Jennifer Lien GROWTH of US manufacturers' new orders of electronic components slowed further in December, rising a preliminary 6.6 per cent year-on-year, against November's revised 7.8 per cent. The November growth figure was itself significantly lower than the
      Source: US Commerce Dept  -  317 words
    • 688 2  -  LETTER TO THE EDITOR Raymond Tey Singapore I READ with interest the comments by the treasurer of Nat Steel Electronics in your report, "Is cost why electronics losing edge?" (BT, Feb 11). His comments were typical of contract manufacturers worldwide who have to grapple
      688 words
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    • 62 2 Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Mrs Diana Bean, General Manager Of Ms Florence Nathan, Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE, 24 RAFFLES PLACE, SINGAPORE *****1 E-mail: ocrasing@singnet.com
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    • 6 2 Buy It. Sell It. Find It.
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  • ASIA'S ECONOMIC SLUMP
    • 981 3  -  CRISIS WATCH The world Is waiting with bated breath for Japan's next move but it may prove to be a long wait By Vikram Khanna THE Japanese economy is on a knife edge. On one side lies the possibility of a full-blown economic depression, and on
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    • 492 3 Measures will also encourage banks to write off bad loans Bloomberg [TAIPEI] Taiwan Premier Vincent Siew has set a March deadline for the final draft of measures to tighten stock market regulation and encourage banks to write off their mounting bad
      Bloomberg; FILE PHOTO  -  492 words
    • 431 3 This revives doubts about Bank Negara's financial sector consolidation plan Reuters [KUALA LUMPUR] Malaysia's United Merchant Finance Bhd announced it was cancelling merger negotiations with three finance companies, raising fresh doubts over a financial sector consolidation exercise initiated by the
      Reuters  -  431 words
    • 65 3 [TAIPEI] Thousands ofpeople swamping a street to buy food yesterday, ahead of the Chinese New Year, despite the sluggish economy due to the Asian economic slowdown. Tomorrow is the first day of the Year of the Rabbit. Most of the country's businesses and
      AFP  -  65 words
    • 362 3 Reuters [KUALA LUMPUR] Once bitten, twice shy. Foreign fund managers are keeping their distance from Malaysia despite faint signs of an economic rebound and a major policy shift in their favour. Overseas managers contacted by Reuters lauded the government for scrapping a rule,
      Reuters  -  362 words
    • 248 3 Moody's joins others in returning country to investment grade Reuters [SEOUL] South Korea's return to an investment grade on its sovereign credit should pave the way for more foreign investments and make it easier for local companies to go abroad for financing, analysts
      Reuters  -  248 words
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  • REGION
    • 467 4 He warns of play on fear of ethnic clashes to tnrn people against reform AFP [KUALA LUMPUR] From behind bars, ousted deputy premier Anwar Ibrahim is making attempts to court Malaysia's ethnic Chinese ahead of the Lunar New Year. In a two-page statement
      AFP  -  467 words
    • 95 4 [JAKARTA] Indonesian Chinese Ai Seng (left) on Saturday opening his business in his burnt-down shop in Jakarta's Chinatown. Mr Ai said an angry mob set fire to his shop during the riots in May last year. With optimism spurred on by the Chinese New Year which
      REUTERS  -  95 words
    • 286 4 JAKARTA Reuters, AFP INDONESIAN opposition figurehead Megawati Sukarnoputri yesterday officially launched the new party she hopes will carry her into office as Indonesia's next president. Ms Megawati, daughter of Indonesia's late founding president Sukarno, told almost 120,000 red-clad supporters in a Jakarta stadium
      Reuters,; AFP  -  286 words
    • 325 4 JAKARTA Violence said to be sparked by attack on Christian village Reuters AT least 11 people were killed and dozens injured in new clashes between Muslims and Christians in Indonesia's spice islands yesterday, residents said. They said residents of two villages
      Reuters  -  325 words
    • 176 4 LONDON Bernama MALAYSIAN Foreign Minister Syed Hamid Albar says that Prime Minister Mahathir Mohamad should continue to lead the country into the next millennium. He was taking part in a dialogue session with Malaysian students in London. Answering a question from a
      Bernama  -  176 words
    • 284 4 JAKARTA AFP INDONESIA will allow for a "reasonable period of transition" if the people of East Timor opt for independence, a close adviser to President B J Habibie was quoted as saying yesterday. "We don't want to be accused of being as irresponsible
      AFP  -  284 words
    • 365 4 PHUKET Bloomberg A THAI entrepreneur is betting that, for more than it costs to visit Disneyland, tourists would rather spend the evening watching his dancing pachyderms than visit the surf-side go-go bars and transvestite shows of Thailand's favourite resort. Pin Kewpaisal,
      Bloomberg  -  365 words
    • NOTE Book
      • 79 4 AFP [MANILA] Gross international reserves in the Philippines are forecast to hit US$l2 billion (5520.3 billion) by the end of February, officials said yesterday. "We should expect the reserves to go beyond US$l2 billion," said Central Bank of the Philippines chief Gabriel Singson. He said
        AFP  -  79 words
      • 68 4 AFP [KUALA LUMPUR] Some 11,000 senior Malaysian police will be sent on courses to learn about public relations, morals and ethics, to help create a more people-friendly force, a report said yesterday. There are plans for similar courses for the rank-and-file in the
        AFP  -  68 words
      • 70 4 AFP (JAKARTA] Indonesian rescue officials said yesterday the search was continuing for more than 300 people still missing after their boat sank in the South China Sea off Borneo a week ago. "The search is still underway. Up till now we
        AFP  -  70 words
      • 71 4 AFP [TAIPEI] Taiwan sent back 434 illegal immigrants to China over the past two days from an offshore island near the mainland, a police officer said yesterday. "A total of 211 people were returned from here this morning," the police officer in the offshore island
        AFP  -  71 words
    • 405 5 SEOUL With pact, last hurdle to talks on Samsung-Daewoo swap seen removed AFP A PROTRACTED labour strike at South Korea's Samsung Motor Inc ended yesterday after the management and workers reached an accord, the company and the labour ministry said.
      AFP  -  405 words
    • 266 5  -  SINGAPORE Month's USsl.sb trade surplus represents 63% drop By\ Lu Ning CHINA'S exports plunged 10.8 per cent in January compared to the same month last year, said an official Chinese press report. The People's Daily, quoting Chinese customs figures, yesterday reported
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    • 230 5 SYDNEY Tycoon reportedly abused bar staff over cheese and crackers AFP AUSTRALIA'S richest man. media tycoon Kerry Packer, faces suspension from a prestigious golf club after abusing bar staff in a row over cheese and biscuits, a report said yesterday. A witness to the incident
      AFP; FILE PHOTO  -  230 words
    • 153 5 BOMBAY Reuters STRIKING Indian onion markets will reopen today following a government notification lifting a cap on onion exports, a trade official said on Saturday. "The strike is called off with immediate effect and markets in Pimpalgaon and Lasalgaon will reopen on Monday,"
      Reuters  -  153 words
    • 193 5 NEWDELHI It wants WTO to see they don't become protectionist tool Reuters INDIA is considering approaching the World Trade Organisation (WTO) to prevent frequent invocation of anti-dumping laws by importing nations trying to curb its exports, a senior commerce ministry official said on
      Reuters  -  193 words
    • 189 5 TOKYO AFXAsia JAPAN is concerned by US protectionism following the preliminary ruling by Washington on anti-dumping duties to be imposed on steel imports from Japan, a trade ministry official said yesterday. "We are concerned that (the) decision could strengthen US protectionism," said the official
      AFX- Asia  -  189 words
    • 797 5  -  COMMENTARY A HK ruling on immigration policy tests limits of China's 'one country, two systems' concept Rv Loh Hui Yin NINETEEN months into the implementation of the "one country, two systems" concept for Hongkong, a constitutional crisis has put a strain on the Special Administrative
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    • 216 5 BEIJING AFP MOST of China's provinces exaggerated their 1998 economic growth, announcing rates equal to or higher than the national figure, the official press admitted yesterday. China registered 7.8 per cent growth in gross domestic product (GDP) last year, the weakest since 1991,
      AFP  -  216 words
    • 166 5 BEIJING AFX-Asia MICROSOFT Corp has won a software piracy lawsuit in China after a Beijing court ordered two Chinese companies to pay US$lOO,OOO (*****,000) to the US company, Xinhua said. The court ruled that Beijing Haisida Science and Technology Development Co and Min'an
      AFX-Asia  -  166 words
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  • REGION/WORLD
    • 434 6 PARIS Outcome seen as common sense as US expected to turn attention back to urgent global issues NYT US President Clinton's acquittal on impeachment charges was seen in most places around the world on Saturday as a victory for common sense. The good guys
      NYT  -  434 words
    • 273 6 WASHINGTON Reuters A CBS News poll conducted after the US Senate voted against removing President Bill Clinton from office found that 64 per cent of respondents approved of his acquittal, CBS said. That dropped to 58 per cent when respondents were asked: "Can
      Reuters  -  273 words
    • 326 6 BEIJING Analyst says piece is seen as criticism of US-style democracy Reuters CHINA'S leading daily newspaper yesterday seized on the end of President Bill Clinton's impeachment trial to ridicule the democratic system of the United States, a frequent critic of Beijing's communist rule.
      Reuters  -  326 words
    • 393 6 FRANKFURT Union chief cites bosses 9 unwillingness to raise offer for pay increases Bloomberg IG Metall, Germany's largest union, effectively voted to strike in Baden-Wuerttem-berg, a move that could cut production at DaimlerChrysler AG, whose headquarters are there, and
      Bloomberg; AFP  -  393 words
    • 369 6 BONN German chancellor blames Greens for loss of key state poll Reuters ONE week after a stinging defeat in regional polls, more aftershocks shook German Chancellor Gerhard Schroeder's centre-left coalition at the weekend amid talk that his four-month-old government was on the rocks. Mr
      Reuters  -  369 words
    • Article, Illustration
      48 6 [BRUSSELS] A car looking nice enough to eat is on display at the chocolate exhibition which opened its doors to the public at the Sablon in Brussels last Friday. The chocolate version of the Mercedes A class car was created by Brussels' chocolatier De Bailleul. AFP
      AFP  -  48 words
    • 411 6 LONDON Inflation, jobless and retail sales reports expected to show economy on the mend Bloomberg THE British pound may rise in the coming days ahead of reports on inflation, retail sales and unemployment that could show the economy is
      Bloomberg  -  411 words
    • 361 6 NEWDELHI AFP INDIAN Home Minister Lai Krishna Advani, the de facto No 2 in the government, yesterday accused political allies of his Hindu nationalist-led coalition of "bullying" the administration. Mr Advani's statement is the first candid confession of a key cabinet member
      AFP  -  361 words
    • 347 6 m WELLINGTON Reuters NEW Zealand's economic growth is expected to strengthen to 3 per cent in 1999 with stimulatory monetary and fiscal policies as key drivers, said Deutsche Bank in its latest New Zealand economic forecasts. Growth will accelerate to around 4 per
      Reuters  -  347 words
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  • BUSINESS IT
    • 551 7  -  IDC says nnits shipped in Q4 are highest ever for regional PC market By: Raju Chellam [SINGAPORE] The Asia-Pa-cific markets saw record shipments of 2.89 million units during the quarter ended December 1998, which is the highest total ever for
      Source: IDC Asia-Pacific  -  551 words
    • IT TAKES
      • 74 7 ABACUS International, the Asia-Pacific's largest travel network services provider, said its CRS (computerised reservations systems) is Year 2000 (Y2K) ready. More than 9,300 travel agencies in 18 countries in the region can now make bookings from Jan 1,2000. Since the Abacus CRS host allows for bookings to
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      • 67 7 PARTICIPANTS at Internet World Asia Singapore '99 (March 3-5) will immediately be able to use Easy Diary, a Web-based calendar and scheduling application. Developed by India's Ruksun Software Technologies, it allows delegates to browse through a list of visitors and exhibitors, search for business
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      • 49 7 THE Asia-Pacific Regional Internet Conference on Operational Technologies (Apricot '99) will be held from March I to 5 at Suntec City. Its aim is to discuss the operational stability and development of the Internet in the Asia-Pacific region. For details, call Jane Chan at *****11.
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      • 57 7 SYMANTEC has won a one-year contract from the National Computer Board to supply Norton Antivirus software to all government ministries and organisations in Singapore. It won the deal in an open tender and will work with its reseller, Delteq Pte Ltd, to offer software upgrades,
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      • 79 7 SINGAPORE leads the Asian tiger economies in adopting the Internet as a communications medium, according to a survey of 16 countries by ACNielsen Net Watch. The study found that 25 per cent of Singaporeans are regular Net users, compared to 12.5 per cent in Hongkong,
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      • 67 7 HOME-GROWN Frontline Technologies Holdings Pte Ltd and US-based Cadence Design Systems Inc have jointly set up Cadence China Technologies Pte Ltd to tap China's growing market for electronic product design software and services. Frontline provides integrated IT solutions, applied engineering consultancy, systems support services, design automation
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      • 32 7 ECS Holdings, a subsidiary of mainboard-listed Nat Steel Electronics, has secured distribution rights for Apple's range of consumer and professional desktop products in Singapore, Malaysia and Thailand.
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      • 66 7 FEDERAL Express Corp said its customers can now query and receive package status information for up to 25 shipments simultaneously and forward the results to up to three e-mail addresses. The facility, at www.fedex.com, includes a simplified feature where users enter only the tracking number, instead
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      • 75 7  -  Compiled by! Raju Chellam VIETNAM Computer World Expo '99 will be held from April 21 to 24 at Ho Chi Minh City. It is organised by the Vietnam Chamber of Commerce and Industry, the Hochiminh City Computer Association and IDG World Expo (Asia) Ltd. In 1998,
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    • 173 7 Bloomberg [REDMOND, Washington] Microsoft Corp is considering developing software code-named Cool to compete with Sun Microsystems Inc's Java computer language, which is designed to run on various kinds of computers, analysts said. Microsoft, the No 1 software maker, has been studying Cool since
      Bloomberg  -  173 words
    • 50 7 A couple checks their love fortune with a display of the new iMac computers at a showroom in Tokyo on Saturday as part of a St Valentine's Day event. Apple Japan offered the newly enhanced iMacs in five colours at 158,000 yen (552,380). AFP picture
      AFP picture  -  50 words
    • 682 7  -  Company gearing np to compete against new rivals Toh Han Shih [SINGAPORE] Lucent Technologies, the US telecommunication technology giant, is aggressively moving into the enterprise data networking market in Singapore, Asia and the world. It recently launched in Singapore a range of data networking
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    • 505 7  -  The tie-np takes it one step closer to becoming a one-stop shop for IT services Kenneth James [SINGAPORE] National Com puter Systems (NCS) has partnered with leading IT systems testing firm Mercury Interactive Corp, bolstering further its suite of IT services for corporations. The
      505 words
    • 187 7 [SINGAPORE] Kenan Systems Corporation, recently acquired by Lucent Technologies, aims to double its revenues annually for the next two years. Last month, US telecom technology giant Lucent announced it would acquire Kenan for about US$l.4B billion (552.5 billion). The acquisition is expected to be completed
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    • 419 8  -  New servers, workstations and an OpenVMS roadmap for Alpha users By Raju Chellam [SINGAPORE] Compaq Computer Corp last week announced a renewed commitment to the Alpha line of products that it inherited from Digital Equipment Corp. As part of the new push, Compaq
      419 words
    • 505 8 The first Pentium 111 chips will run at 450 and 500 MHz Bloomberg [SANTA CLARA, California] Intel Corp, the world's largest semiconductor maker, will preview its new Pentium 111 chips this week, with software and computer makers showing off how the processor will
      Bloomberg  -  505 words
    • 522 8  -  New models now from Epson, In Focns, 3M, and Toshiba debnt in Singapore By] Raju Chellam [SINGAPORE] There's a sudden spurt in the data/video projector market in Singapore, with the top four projector vendors announcing new models last week. The
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    • 200 8 Bloomberg [ARMONK, New York] International Business Machines Corp, the world's largest computer company, unveiled software to let groups collaborate on projects, a bid to reach more small businesses and consumers. Quick Place can be used independently or in tandem with Lotus Notes, an
      Bloomberg  -  200 words
    • 490 8 Reuters [INDIAN WELLS. California] A few companies developing speech technology for computers has unveiled a range of products showing new uses of speech recognition techniques including one that can search video and audio recordings for specific words. Privately-held Dragon Systems Inc. which makes the
      Reuters  -  490 words
    • 446 8 The catch: consumers most be willing to divulge personal data and watch advertisements Reuters [PALM SPRINGS, California] A small startup company said last week it will give away personal computers with free Internet access to consumers willing
      Reuters  -  446 words
    • ON THE SHELF
      • 50 8 lOMEGA Corp is offering the Zip Starter Kit bundle (above) for $249. It includes a Zip drive that connects to a parallel port and four 100 MB Zip coloured disks. Bought separately, they would cost 15 per cent more, lomega said. For details, fax *****02.
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      • 66 8 US-BASED SPSS Inc, well-known for its analytical and business intelligence solutions, is ready with SPSS 9.0 for Windows, a statistical tool that lets users view their data in a graphical, easy-to-grasp format. The new product offers expanded data access and management, new graph customisation options, and
        66 words
      • 51 8 US-BASED Intersolv Inc has introduced PVCS Dimensions, a software lifecycle management product designed to define and automate the software development process. It lets software development teams plot the project course, manage process workflow, generate team communication, and monitor project progress. Prices start at $3,600. For details, fax
        51 words
      • 65 8 SYMANTEC Inc offers a free Bonus Pack with Norton System Works. The Pack includes four individual versions of Symantec's popular communications (Norton Mobile Essentials), Internet development (Visual Page), security (Norton 2000) and assistance solutions (Win Fax Basic Edition). Norton System Works costs $199 and
        65 words
      • 74 8 3COM Corp has announced the 3Com Megahertz 56K Global GSM Winmodem PC Card, that works on the V.90 56K standard, costs $475 and will make its debut here this month. It comes with World Port software that lets users configure it for global
        74 words
      • 96 8 DIAMOND Multimedia Systems has introduced its first Pentium II based motherboards targeted at the sub-USsl,ooo PC markets. These boards are a result of Diamond's acquisition of Micronics Computers Inc. The Micronics C2OO is a Super 7 system board based on the Alladin-V M1541/1543C chipset and costs $150;
        96 words
      • 64 8  -  Compiled by Raju Chellam FUJITSU'S subsidiary, Team Ware Group, is ready with Team Ware Dolphin 2.0, targeted at workgroups sharing a common Win NT server. The product provides support for both Team Ware Office and MS Exchange environments and allows sharing of same user directories,
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  • EXECUTIVE LIFESTYLE
    • 595 9  -  He recalls his nervousness when he first came to Germany, robert mahonet reports ROBERT MAHONEY Reuters Director Steven Spielberg brought a tragic episode of the Holocaust to the Berlin Film Festival last Thursday the slaughter of Hungary's Jews by a crumbling Third Reich. The Last
      Reuters; FILE PHOTO  -  595 words
    • 836 10  -  The second performance of Trevor Pinnock and the English Concert was not as consistent as the first says f yvan P Y VAN TIREVOR Pinnock and the English [Concert have come and gone. In a brief, flying visit sandwiched in between concerts in Hongkong and
      836 words
    • 863 10  -  FILM Adapting'difficult' books for the cinema can be a battle, and success is not easy to come by By Eric Harrison LAT-WP IN Jacquelyn Mitchard's best-selling novel The Deep End of the Ocean, the main character is a self-absorbed and unhappy wife and mother who
      LAT-WP; FILE PHOTOS  -  863 words
    • 406 10 FILM There's no reason for people to stay if a film fails to please LAT-WP "WlLL someone tell me what the hell this is about?" Actor Rock Hudson hardly minced words as he stalked out of Hollywood's Pantages Theater with
      LAT-WP  -  406 words
    • 728 10 FASHION Leading designers have decreed it the hot new colour for the season NYT IN THE 1957 movie Funny Face, actress Kay Thompson sang the praises of pink, urging moviegoers to "banish the black, burn the blue and bury the beige. From
      NYT; FILE PHOTO  -  728 words
  • Page 9 Advertisements
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  • Page 9 Miscellaneous
    • 1115 9 CRYPTIC CROSSWORD across p p p p p I p mam he 1 The woman should be given a mbt m LmJ Lg hand when working 9 Freshly-made drink (4) Hm 10 He finishes having taken time HH in turning over duty-list (10) HH mm ■*pj— 11 Divulge hesitation about
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  • COMPANIES & MARKETS
    • 681 11  -  Funds raised to be nsed for expansion in Singapore and China, says its chairman By. Rahita Elias SESDAQ-listed Heshe Holdings plans to list its export garment manufacturing and food beverage businesses to raise money for expansion in Singapore and China. Details
      FILE PHOTO  -  681 words
    • 857 11  -  HAXO SENG INSIGHT Demand In HE is driven more by sentiment than by nee^ By Quak Hiang Whai THIS is one of the most frequently asked questions are Hongkong properties cheap? Well, it depends on what you are comparing with. Against the madness
      857 words
    • REGIONAL COMPANIES
      • 529 12 Plan to boost funds with new preferred shares, subordinated debentures approved AFP [BANGKOK] Thailand's biggest commercial bank, Bangkok Bank pic, has positioned itself to battle the industry's crushing non-performing loans with its 40 billion baht (Ssl.B billion) capital boost, analysts
        AFP; FILE PHOTO  -  529 words
      • 141 12 AFP [TOKYO] Major Japanese trading house Sumitomo Corp will reorganise 150 group companies in two years to boost profits and liquidate unprofitable businesses, a business daily reported yesterday. The Japanese trader will merge 80 subsidiaries and affiliates with other group firms
        AFP  -  141 words
      • 229 12 Earnings tumbled to USs6.2m in '98 from USs24.3m in '97 AFP [JAKARTA] PT International Nickel Indonesia (Inco) posted a net profit of US$6.2 million (5510.5 million) in 1998, down sharply from the U5524.3 million recorded a year earlier, a report
        AFP  -  229 words
      • 62 12 [TOKYO] Matsushita Electric (Panasonic) employee Kazumi Tamamoto showing off the world s smallest and lightest D VD player with a built-in LCD screen at a press preview here on Friday. The DVD-L5O weighs 940 grams and is equipped with a 13 cm LCD monitor. It
        AFP  -  62 words
      • 507 12 Impending departure not due to govt ban on merger, he adds Reuters [SYDNEY] Westpac Banking Corp managing director Bob Joss said yesterday he could not comment on speculation that the big four bank had held merger talks with its larger rival, National Australia
        Reuters; FILE PHOTO  -  507 words
      • 319 12  -  Property developer aims to be niche player in China n,,\ Rahita Elias ISINGAPORE] Heshe Holdings' 75 per cent owned subsidiary Hinterland Property Development, set up last year, is going to build medi-um-cost housing in China for the better-off locals. Heshe executive chairman
        319 words
      • 314 12 Firm also plans to sell some property investments Reuters [KUALA LUMPUR] Malaysian property firm Lien Hoe Corporation Bhd said it is planning a capital reduction and a restricted new share issue to overcome a huge debt burden and accumulated
        Reuters  -  314 words
      • 454 12 Bloomberg [HONGKONG) Regulators gave Hong Kong Telecommunications Ltd, the city's dominant phone company, its third reprimand in a year for giving unauthorised long-distance discounts to corporate customers. After imposing the maximum HK$5O,OOO (5510,905) fine on HK Telecom for effectively charging lower
        Bloomberg  -  454 words
    • INTERNATIONAL COMPANIES
      • 468 13  -  Sharp rally between Sept and Jan shrinks average losses markedly to 12% Prom Neil Behrmann in London ASIA-PACIFIC country funds have rallied considerably since their lows last autumn. A Merrill Lynch analysis shows that the funds were down by an average of 52 per cent
        468 words
      • 423 13 Reuters [FRANKFURT] German utility and telecommunications group Viag AG reported a 10 per cent rise in 1998 operating pre-tax profit on Friday and said it would raise its dividend. Viag said preliminary operating profit before tax in 1998 climbed 10 per cent
        Reuters  -  423 words
      • 515 13 Telecom Italia talks break down but media firm unfazed Reuters [ROME] Rupert Murdoch's News Corp Europe said on Saturday it still wanted to enter Italy's fledgling pay-TV market despite a breakdown in its talks to buy Stream, the cable and satellite unit of
        Reuters; FILE PHOTO  -  515 words
      • 463 13 Chairman says group needs to restructure for a clearer focus Reuters [NEW DELHI] India's largest corporate group, the Tata group, is moving steadily towards consolidating its diverse businesses, group chairman Ratan Tata said on Friday. "We have over 80 companies. Some of them may
        Reuters; FILE PHOTO  -  463 words
      • 621 13 Bloomberg [CLEVELAND] TRW Inc. which agreed to buy LucasVarity pic last month to build up its auto parts unit, may sell LucasVarity's aerospace unit for as much as US$l.5 billion (552.5 billion) and other businesses to fund the purchase. TRW, the largest
        Bloomberg  -  621 words
      • 251 13 AFX-Asia [AMSTERDAM] ABN Amro Holding NV unit ABN Amro Asset Management said total assets worldwide grew to 197 billion guilders (*****.9 billion) in 1998 from 155 billion a year earlier. It said that 22 per cent of this rise was from autonomous
        AFX-Asia  -  251 words
    • FINANCE & COMMODITIES
      • 684 14 Listing failures due mainly to very poor sentiment towards all emerging markets not just HE, they say AFP [HONGKONG] Hongkong remains the key centre for Chinese companies seeking to raise capital, despite a series of failed listings this year, investment bankers say.
        AFP; FILE PHOTO  -  684 words
      • 267 14 Reuters [LONDON] Gold would give investors scant protection for their wealth if world economies slipped into deflation, Mitsui Global Precious Metals commodities analyst Andy Smith said in a paper. Mr Smith's report, prepared for the Bank Credit Analyst Conference in Miami,
        Reuters  -  267 words
      • 679 14 Increase in retail banking profit and falling costs pnt bank in position to bny another institution Bloomberg [LONDON] Lloyds TSB Group's second-half 1998 net income rose 30 per cent, at the top end of expectations, as retail bank profit rose
        Bloomberg  -  679 words
      • 198 14 Bridge News [NEW YORK] Merrill Lynch Co, the leading brokerage firm with about 15,000 brokers, says it will soon begin offering sliding fde scale online trading for some of its best customers, The Wall Street Journal reported on Friday. But an internal debate rages over
        Bridge News  -  198 words
      • 394 14 Bloomberg [FRANKFURTI Germany's small banks outpaced their bigger rivals last year both in profit and share performance as they steered clear of emerging market risk, a strategy- that analysts say will continue to enrich investors. The Frankfurt-based behemoths Deutsche Bank AG, Dresdner Bank AG
        Bloomberg  -  394 words
      • Article, Illustration
        1867 14 PRIME LEW)WO KATES A.onFebI2 BANKS 21 ABN Amro Bank NV ABSA Bank Limited 6Vi Agricultural bank Of China 6 ANZ Banking Group 6'/i Allied Irish Bank PIC 5 American Express Bank 6 Arab Banking Corp 7v« Arab Bank PLC 5'-* Asahi Bank Ltd 6V4 Ban Hin Lee Bank Bhd 6W
        1,867 words
    • COMMODITIES & FUTURES
      • 554 15  -  SIMTiX Weeklyßoundup Hiroko Komiya MMS International This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] Financial ministers and central bank governors from the Group of Seven leading industrial nations will meet this Saturday. The agenda includes supervision of
        Source: Simex  -  554 words
      • 842 15 COMMODITY Weeklyßoundup AFP [LONDON) Nickel prices lost their shine last week as fears about the future growth of the world economy and of Asian economic activity in particular returned to haunt traders. Prices of nickel on the London Metal
        AFP; Source: Bloomberg  -  842 words
    • 1867 15 SICOM 1'UTUHES Feb 12 RU88CR (Mures closing is at 5.30pm) RSS1 CONTRACTUS cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 99 109.25 200 500 Apr 99 110.25 850 May 99 112.75 925 Jun 99 114.75 300 Jul/Sep 99 116.25 825 Oct/Dec 99 121.75 150 ISS
      1,867 words
    • MARKET REVIEWS
      • 872 16 |jj Sydney -22.4 AUSTRALIA'S share market will consolidate in the week ahead with the focus pinned on domestic data releases, particularly earnings reports, brokers said. "The reporting season so far has been solid, with the early reporters usually having good profit results, while the earnings laggards tend
        872 words
      • 287 16 HONGKONG AFP HONGKONG'S stock market is expected to trade quietly in the week ahead as investors stay on the sidelines at the start of the Year of the Rabbit in the Chinese calendar, dealers said. "I don't expect any major movement," said Alex Tang,
        AFP  -  287 words
      • 557 16 NEW YORK But some analysts see their recent outperformance as temporary Bloomberg MAYBE value investing has value after all. So-called "value stocks", which trade at low prices relative to earnings, have lagged growth stocks, which tend to trade at richer price-earnings ratios, for the
        Bloomberg; REUTERS  -  557 words
      • 452 16 LONDON AFP HOPES that further interest rate cuts might come to alleviate the troubled British economy and the start of the annual results season, which kicked off with some notably strong performances, sent London shares higher last week. The FT-SE 100 Index
        AFP  -  452 words
      • 314 16 TOKYO AFP SHARE prices in Tokyo are likely to rise in the coming week with investors buoyed by the Bank of Japan's decision to guide the overnight call rate down, analysts said. "Investors will positively respond to the move by
        AFP  -  314 words
      • 1814 16 Q Paris -86.94 PARIS blue-chips turned red again on Friday as US Treasury bonds and shares fell amid nagging concerns about rate rises, and the jitters look set to continue this week with many overseas bourses closed. The CAC-40 Index closed at 4,060.36 points, down 86.94 points
        1,814 words
    • KUALA LUMPUR STOCK MARKET
      • 460 17 AFP Q Composite Index +11.99 THE Malaysian stock market is expected to trade upwards but cautiously in the week ahead with investors nibbling into index linked stocks after it rose 2.1 per cent. "The bourse is likely to see a slight uptrend on index-rated stocks,"
        AFP  -  460 words
      • 8242 17 INDUSTRIALS Consumer products 1999 La»t Vol Week Net Cap High Low Company Solo OOP High Low p/E $m|i 3 22 2 ?2 Ajtnomoto 280 -6 2 280 280 15.4 113 5 Angkasa 74 1 142 75 62 -1091 2 fi Apollo Food HMj 255 -2 14 258 244 8.9 102
        8,242 words
    • WARRANTS & OPTIONS
      • 2611 18 BONOS, LOANS k WARRANTS Last Vol WHt Last Ouoll Avq Low Stno Company Solo »or- COOO) High Low Buyer Sollor Prteo '8 3 3160 *Actr ******1USS 12 *1 85 11 n 12 I 35 4.5 3164 Acma W*****4 16.5 *0.5 2024 17.5 14 5 16 17 15 3161 AIITech W*****7
        2,611 words
      • 171 18  -  WARRANT WATCH -By R Sivanithy ONE warrant which has seen a fair bit of activity recently is Uraco Holding's 2002 instrument. Like most of the other penny warrants, it's deeply out-of-the-mon-ey its exercise price is 53 cents compared to the shares which sell for
        171 words
      • 217 18 HONGKONG STOCKS Or Of 52 k l-»«t Vol Wm* L««t Ouott CXv Dtv VW Net M C«c Mt» Lour Stno Company 5«U COOP) High Low Buyr SUf C'»r H P/C m(l 5123 COL(2000)HK 400 I 8 T* 2 205 7744 7 5124 C«»WVP»C20CHK_720 265 2.) 7.4 6 *****4
        217 words
    • 6551 19 Week ended Feb 12 I Cf Of M Wt M L«»» Vol Week Last Ouot* Dlv Olv YM Net Cap A»g "N* *tM» C—l>my Salt COOP) High Law Buyer Sallar C'yr P/E $mll Prkt MULTI-INDUSTRY 142 17.5 m t 1000 Acma 50c 71.5 *0
      6,551 words
    • 1392 19 u 2 w La»* LMt O" 01 Oh ni M Cap Ayo La StH« C tip any S«lt COOP) L— 6-,«r SoKor C'vr H P/E $mil Prtc> MANUFACTURING 2 ,»C 22 2049 AS Auto 10c 93.5 -2.5 3571 99 B6 92.5 94.5 15 N 7 1.6 8.8 106.8 92
      1,392 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        521 20 Source: JM Sassoon Stocks Volume SembCorpI 25c 02,468,000 DBS Land 44,335,000 STEmwWc 39,381,000 Eagle Brand Hldgs HK75c 30,382,000 KepTatLee Bk DBS WOO 29,455,000 CK Tang Wt99 28,726,000 Keppel LandWOO 27,220,000 CSE Sys Engg 5c 26,161,000 Bank Bkt ML CW99 24,367,000 KepTatLee Bank 18,981,000 Stocks DBS Foreign 208.835,785 SembCorpI 161,769,038 OCBC
        Source: JM Sassoon  -  521 words
      • 611 20  -  THIS WBinr AWiin Spectre of rising US and Japanese bond yields bears close watching especially in face of weakening corporate performance By R Sivanithy FOR more than six months now, the US Treasury market hasn't really figured in assessments of the prospects
        611 words
      • Article, Illustration
        57 20  -  By Wong Wei Kong SembCorp Industries shares closed last Friday down $0.07 at $1.86 with 8.19 million shares traded, compared with its 10-day traded average of 15.8 million shares. The daily and weekly RSI and Stochastics and the MACD charts suggest that the stock may find support at
        57 words
  • Page 11 Advertisements
    • 12 11 On 24 February, fund managers will raise funds of a different kind.
      12 words
    • 10 11 Heshe unit plans mid-priced homes for richer Chinese, Pg 12
      10 words
    • 122 11 ey»- v This announcement appears as a matter of record only ll<f.T.?jlHitachi Zosen KEPPEL HITACHI ZOSEH LIMITED (Formerly known as Hitachi Zosen Singapore Limited) (Incorporated in the Republic of Singapore) Unconditional Cash Offer by Keppel Tat Lee Bank Limited (Incorporated in the Republic of Singapore) for and on behalf of
      122 words

  • Page 12 Advertisements
    • 48 12 There is no smoke without fire. With so many lucrative business opportunities and services sizzling in The Straits Times Classified daily, it's no wonder our readers are always hungry for more. Advertise in the Business Services/ Products section (Classifications 201 to 266). Call C.A.T.S. at 1800-737-1166. cal I
      48 words

  • Page 13 Advertisements
    • 90 13 Time is running out, better upgrade now before it becomes too costly to solve your Y-2-K problem. A I We can help you in Standard Business Accounting Ji A V Software or can also provide Customised Software 188 under Window'9s /NT platform. Call 224-3812 today! You have time. Later could
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  • Page 20 Advertisements
    • 405 20 In the Matter of the Companies Act, Cap. 50 and In the Matter of AM TECHNOLOGY PTE LTD (Company No. *****5434E) Statutory Declaration by Directors of Company's inability to continue business by reason of its liabilities We, Tong Yin Hong, Goh Yew Lock and Foong Ban Choy make oath and
      405 words
    • 327 20 This announcement appears as a matter of record only UNCONDITIONAL CASH OFFER by Tat Lee Bank Keppel Tat Lee Bank Limited (Incorporated in the Republic of Singapore) for and on behalf of IWlUV.ruii Corporation Keppel Corporation Limited (Incorporated in the Republic of Singapore) to acquire all the issued ordinary shares
      327 words
    • 263 20 Do you need trading ideas that work? call DBS Investor Online at 438-1188 w Odbsbank IN THE MATTER OF THE COMPANIES ACT, CAP. 50 and IN THE MATTER OF KIM SOON HIN TRADING PTE LTD (Incorporated In Singapore) (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company
      263 words
    • 619 20 Corporation Keppel Corporation Limited I (IrKorporated in the Republic of Singapore) Unconditional cash offer ("Offer") to acquire all the issued ordinary shares of $0.20 each in the capital of Keppel Hitachi Zosen Limited ("KHZ") other than those already owned, controlled or agreed to be acquired by Keppel Corporation Limited or
      619 words
    • 273 20 v -*wotMKM£^VIM!! I Make The Straits Times j Classified your first pit stop when shopping for your car or motorbike. *****11 M MI PRAPORN TRADING PTE LTD (Members Voluntary Liquidation) At an Extraordinary General Meeting of the Members of tie above Company duly convened and heM 14 Eng Hoon Street
      273 words
    • 20 20 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. t Another Classified Service
      20 words
    • 614 20 THE COMPANIES ACT, CHAPTER SO INBIS AGENCIES PTE LTD (lm Members' Voluntary hqmuinhon) SPECIAL RESOLUTIONS PASSED ON lOTH FEBRUARY 1999 Al an hxtraordinary General Meeting of (he Members of company held on 10th February 1999. the following special resolution!, were a. Thai the Company be wound up voluntarily pursuant to
      614 words

  • SHIPPING TIMES
    • 290 21 Contributed by Simpson Spence Young THERE has been an increase in sales reported this week, albeit that certain deals are being concluded on a more complex basis, such as the sale/long-term charter back of the ICB controlled VLCC Vanadis (285,000/90) and the BBHP deal over six years concluded
      Contributed by Simpson Spence & Young  -  290 words
    • 277 21 '000 N4 CWT Distribution 0.53 Chuan Hup 0.60 *0.005 138 Cosco Invastmont 0.4S *0.01 6 Froight Links 0.155 -0.01 673 08 Holdings 0.345 mi Sun Hup 0.455 -0.01 39 IMC Holdings HK 5.6 Jaya Moidmgj 0.525 unch 52 Jurong Shipyard 6.70 unci) 297 KoppM Corp 3.86 -0.24 3167
      277 words
    • 383 21  -  Its chairman more concerned about failure to enforce existing regulations By\ Marcus Hand [SlNGAPOßE] The shipping industry is being "swamped" by ever greater numbers of regulations which are not improving standards, the chairman of the International Chamber of Shipping (ICS) told the local
      383 words
    • 504 21 Move, effective from May, due to rise in demand: official [TOKYO] The cost of shipping to the US from Japan will go up by almost 50 per cent from May because of a steady increase in demand, said an official of
      504 words
    • 157 21 Bloomberg [MELBOURNE] Broken Hill Proprietary Co (BHP) said it will no longer run it shipping service between Australia and New Zealand because it is losing money. The company said, from early March, two of its ships, the Iron Flinders and the Tasman Chief, will
      Bloomberg  -  157 words
    • 754 21  -  DOCKYARD fty David Hughes WHILE consolidation is the order of the day among Singaporebased shiprepairers, UK-based, publicly listed shiprepair group Cammell Laird (CL) has signalled that it plans yet further expansion. At the announcement of the group's half-year results recently, CL chairman Juan Kelly
      754 words
    • Article, Illustration
      99 21 [COOS BAY, Oregon] The freighter New Carissa sitting in two pieces near the shore of Coos Bay, Oregon, last Friday after Navy demolitions experts re-ignited a fire on late Thursday in order to burn most of the 400,000 gallons of fuel oil aboard it. The 639-foot vessel, which
      REUTERS  -  99 words
    • 151 21 Reuters [VANCOUVER] A container ship and its crew were adrift in high seas in the Pacific Ocean off the west coast of Canada's Vancouver Island last Friday and two large ocean-going tug boats were steaming to its aid, a Canadian Coast Guard
      Reuters  -  151 words
    • 1016 22  -  PILOTS' DISPUTE Reno Air pilots back American Airlines pilots in their pay dispute, but are in dispute over seniority at American Andrew Pollack NYT in Reno, Xerada TO hear American Airlines (AA) pilots tell it, they called in sick and disrupted the airline's operations
      NYT; FILE PHOTO  -  1,016 words
    • 222 22 PAGE Dongnama 3 ACL 6 ECU Line 6 AWL 3 ECL 5 Accord 8 6 Appenship 5 foon< Sun 8 Austral 8 L 1 Balaji Shpg 4 Gemartrans 8 Hai Sun Hup 8 B'tang Mas 8 7 CCNI 7 Han,m 3 CMA 8 HW)ngA 4 Hyundai 7
      222 words
    • 21118 29 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 04/03 29/03 Evergreen E. GROWTH 0274-066W 65-392im To ABIDJAN (ABJ) 2003 Cote O'lvoire 04/03 29/03 Kien Hung EUROPEAN EXPRESS EU901S 65-*****33
      21,118 words
    • SHIPS IN PORT
      • 388 35 V*ssel Voy No Berth Arrival Departure Juronq Port Armada 5 47 J14 alongside 14.02/2000 8t Mustika *****9 J01 alongside 14.02/2300 Bt Putri Rem *****9 J01 alongside 14.02/1615 Bt Setia *****9 J01 alongside 14.02/1600 C Progress 14/02 J09 alongside 14.02/1500 Fortune Epoc 25 J15 alongside 15.02/0600 Gunung Sari 02/99
        388 words
      • 1847 35 RECEIVING OF EXPORT FCL CONTAINERS AHD LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period FroM To Fnm Ati *jm« 020* 16/0700 1* 14/1500 14/1659 14/1*00 II 14/1500 14/1659 14/1900 2* 14/1700 15/0659 15/0900 28 14/1700 15/0659 15/0900 I 15/0700 15/1159 15/1400 4 15/1200 15/1459 IS/1700 *<»Sw4A 346*
        1,847 words
      • 224 35 Feb 15 China: Chinese New Year Eve. Taiwan: Chinese New Year Eve. United States: Washington's Birthday Holiday. Feb 16 Brunei: Chinese New Year. China: Chinese New Year. Portugal: Carnival. Singapore: Chinese New Year. South Korea: Chinese New Year. Taiwan: Chinese New Year. Feb 17 China: Chinese New Year.
        224 words
      • 771 35 THIS report, compiled by Cockett Ma rine 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 average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        771 words
      • 524 35 F h on 180 MM 994 8 1.0 18.8 0.09 127 0.05 >b Density Water jwjgg Asl> Aluminium Sediment No above E25 2 0 (6 0 2 0 m/m 380 Ave 986.7 0.3 14.7 0.06 30 0.02 -a "v v i S l S K !S
        524 words
    • AIR & LAND TRANSPORT NEWS
      • 692 36 American Airlines' pilots union found in contempt for not ending protest Bloomberg [DALLAS] AMR Corps American Airlines pilots began returning to work after their union was found in contempt of court for not ending an eight-day protest that forced the world's No 2
        Bloomberg; AFP  -  692 words
      • 270 36 Reuters [WASHINGTON] The An-glo-French supersonic jet Concorde could be banned from trans-Atlantic flights in retaliation for European noise controls, under a bill approved last Thursday by the US House Transportation Committee. The proposed legislation would revoke the waiver of US aviation noise regulations, which allows
        Reuters; FILE PHOTO  -  270 words
      • 387 36 Hartsfield handled 73.5 m passengers in '98, overtaking Chicago's O'Hare NYT [ATLANTA] Hartsfield International Airport is officially over the top. The airport handled 73.5 million travellers last year, eclipsing Chicago's O'Hare International as the world's busiest in passenger volume. Hartsfield's count rose
        NYT  -  387 words
      • 340 36 Reuters [HONGKONG] Hongkong's new international airport risks losing business if the government fails to address air freedom regulations and high aviation operating costs, a Federal Express Corp's (FedEx) vice-president said. "An open aviation regime, which allows flights to come in based on supply
        Reuters  -  340 words
      • 105 36 AFP (MADRID] British Airways (BA) and American Airlines were due last Friday to sign here an agreement with the Spanish airline Iberia under which BA would buy 9 per cent of the Spanish group, and the US company one per cent, Industry Minister
        AFP  -  105 words
      • 253 36 Reuters [NEW DELHI] The global aviation industry is likely to have room for up to six worldwide airline alliances, the chairman of British Airways, Colin Marshall, said. "In the end we will probably finish up with no more than six of these
        Reuters  -  253 words
      • 211 36 Reuters [ULAN BATOR, Mongolia] Mongolian Airlines (Miat) will return three Yun-12 aircraft to their Chinese manufacturer, airline officials said. Miat bought five Yun-12s in 1992 for US$l2 million (5520.3 million) from China National Aerotechnology Import and Export Corporation. Two have since crashed. Senior
        Reuters  -  211 words
      • 1930 36 CITY FLIGHT ETA FLIGHT ETO $***** 1650 N***** 2359 Adelaide BA7381 1930 BA7382 2050 BA7306 1840 $***** 2359 OFW HUP OfK IPSO w IWI Amsterdam ***** 0745 S024 2320 F"tooU $0989 1730 S0990 0115 GA973 1005 KL838 2335 Guangjhou PftC C2353 2035 KL837 1535 Hanoi VM74I
        1,930 words
  • Page 21 Advertisements
    • 21 21 Two layers of dispute at AA Reno Air pilots back American's pilots in pay dispute, but disagree over seniority. Pag© 2
      21 words
    • 202 21 Pilots return to work after order American Airlines' pilots union found in contempt of court for not ending protest. Back Page TheßusinessTimes Shipping times To keep ahead in today's uncertain fast changing economic landscape, you need to be well informed. And you also need to reach out to existing potential
      202 words

  • Page 22 Advertisements
    • 1136 22 NORTH AMERICA EXPORT 1 I OTHER DESTINATIONS i SSX SUPERSHUTTLEEXPRESS PffIECT TO LA WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE! I wy wai rosw lgo dm hou oac wr mbocooty wssa I vot nn r own* j acajutu j sax looenzo i cowwrro i n cAiotn I I iauna cru?
      1,136 words
    • 725 22 Lines services represented (I V 0 1; J by Members of the Registry of Accredited Shipping Agents Singapore Shipping Association Members of the Singapore Freight Forwarders WMHMr Association NORTH WEST EXPRESS LINE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTU (MONTHLY SERVICE) MV "TBN" ETA SIN 25/02/99 BOOKINGS CALL MOMCA/AI UNO
      725 words

  • Page 23 Advertisements
    • 1128 23 TO EUROPE FROM EUROPE VESSEL VOY SIN «TM AMU HAM 18V SOU FIT UH VESSEL VOY UTIW ANR HAM RRV SOU FIT LEH Ml HYKOBAI 314W 15/02 04/03 06/03 09/03 03/03 MAAS 5271 24/01 26/01 21/01 30/0117/02 THAMES SS3W 11/02 13/03 10/03 11/03 08/03 API AUIANOINE 3061 30/01 27/01 21/01
      1,128 words
    • 37 23 CONTAINER SERVICE S'PORE/ JAKARTA/SEMARANQ/SURABAYA HOT JAKARTA SEMARANG SURABAYA PtRMAI *****-427 22/02 25/02 26/02 PERMAIIO42B-428 01/03 04/03 05/03 PERMAI *****-429 08/03 11/03 12/03 PERMAI *****1-021 23/02 2M)2 PERMAI *****2-022 02/03 05/03 PERMAI *****3-023 09/03 PERMAI *****4-024 16/03 1»03
      37 words
    • 1943 23 ©HANJIN SHIPPING Ilk? I 4 tfcMynlw -Mr 32M730 HANJIN SHIPPING PTi ITD Imp //ww. honr com lOOIING *****3S 737 UIB 12*0774 731 DOCUMENT *****71 774 OPKATW4IS *****50 751 MAM UW *****55 fU 77TfW (I WV **********0 M TO NW USA A CANADA USA CANADA* "SrWTw MM SM UNI HAIA/VOY SU
      1,943 words
    • 517 23 FULLY CONTAINIIISID DIDICATID SIRVICIf mggge pannßnEßßHlipHZiniinHiSO* vtsstL w_ _s*_ pw wr sin «6 m trs» pus |<ssa IWI SW I PKC Ivessel Iwr I sirnH MOHttWA m 74/01 24/01 1* 27/01 31/01 02/02 04/02 05/02 iHSf? rf^HSr —I 58 luZ 1 $11 !11l I we mm wis 21/Qi os/w aim
      517 words

  • Page 24 Advertisements
    • 601 24 MR-SENATOR LINES WISHING ALL OUR VALUED CUSTOMERS PROSPSROTtS mSTV S/fR NEWSHIP AGENCIES PTE LTD P<»r»^SSSSSSK^'S! PENANG SINARAN MALIM BDN BHD TEL, 04-*****88 IS HIWITOG »BVK^S3^ PASIR GUDANG: MA WAR JUARA SDN BHD TCI, 07-2M8178 (3 HWHNG IJNESI FAX: 07-XM6MB TOR HARUN wt s» mm km ormts ASW KWKS MA SAILED
      601 words
    • 757 24 I COiITB LINES, MIC P. GUOANG: (07) *****26 II I~IV/\~ J CWNO»«aDO»T*****» SWU: (064) *****9 MANILA: (632)*****24 I PENANQ: (04) *****36 BANGKOK: (662) *****67 BURABAYJU3I>»I66O H P. KELANQ: (03) *****77 JKT (21)*****07 MDN: (61) *****3 KUCH<NQ 4^^ BARCEIONA BANGKOK (BMT PORT) MV "CGM PASCAL" V.9907-4 MV "SRISAMUT" V.SRS4S7 ETA SIN:
      757 words
    • 548 24 LINE nu iMMM ma ■■•ma I MUARA 1 LABUAN 1 vtssa vor no ra vessel vor no nt SPOtEMUAftA tfOM UN 255 u/w STMfn Hon vwe/99 n/02 is/n ct?2s£ 22? /n 73/97 Slum VO4E/99 25/02 01/03 SKSSSj muKm «*»«»>*>* I K. KINABALU KUCHINO 1 vissa vor etd ra msa hot
      548 words

  • Page 25 Advertisements
    • 1300 25 VESSEL VOY SIN PKO PEN PQB DUB DAM SHJ IBA BIK IRAN TABATABAEI PJLI33I 09/02 18/02 19/02 20/02 22/02 24/02 IRAN TEYFOURI PJLI32B 13/02 22/02 23/02 24/02 29/02 28/02 IRAN BAKERI PJLI336 22/02 03/03 04/03 05/03 07/03 09/03 IRAN SATTARI PJLI334 01/03 10/03 11/03 12/03 14/03 16/03 [IRAN BABAEI PJLI333
      1,300 words
    • 1799 25 Jlagpaha VOOUW (ETA SIM 1 3 F.b Ml, Co«o USA Ead-Caast I All-Watar iarvi<a will tall at I JjoiloMLgof l Iwtiri at Oalllawa. J I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHOREOfFKT"™^" 1 11 I COSTAR SHIPPING WI LTD #17-08 D»S BLDG
      1,799 words
    • 698 25 ■i-=n. EASTERN CAR UNER, LTD. Sort*OtyTmfl* 2 iii ECL (SINGAPORE) PTE LTD SPECIALIZE IN RORO 4 HEAVY LIFT UPTO 450 TONS Ed (SINGAPORE) PTE UD LOAD NG FOR CALCUTTA INCHON/ OSAKA MV "GIGA TRANS" V.3 MV "OCEAN BRAVE" V.13 ETA SW 15/02/99 ETA CAL 20/02/99 ETA StM 20/02/99 ETA INCHON
      698 words

  • Page 26 Advertisements
    • 1201 26 I EUROPEAWBCANPHIAWA/FBiUUiD/HUS«<A I C WP ROM ANW HBG TUP ZEE LNV I LHV THP ROM ANW HBG PKL HGP~I I rffiHMH" 70/02 12/83 13/03 15A>3 16/03 17/03 ERI6HTRE-037 28AI1 30AI1 20/01 31/01 ***** 28/02 26/02 ■E. DEVOTE RW 006 27/02 19/03 24/03 20AJ3 22/83 23/03 24/03 lE. REWARD RE-032 04A12
      1,201 words
    • 1195 26 f PACIFIC INTERNATIONAL UNES (PTE) LTD I aaasf IB 140 Cecil Stn**, #03-00 PIL Bmk*ng, *****0. I U*R«l vor m~ m LTT WIG HP* I nSSU vor SM CiM JW AM HOO JIB AQJ P7U mw aiso «(anwG rotr swum. msuwV. wSuuu i mum aurco vu *w» I I mm....-
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  • Page 27 Advertisements
    • 473 27 BSfl x mm< MYANMA pBBk FIVE STAR LINE wT (Myanmor National Lin«) loading for Yangon (Rangoon) VCSSfL VOY SIN PKI PIN PGU HPA-AN 2 SAW SU> MONG-U 21W IS/02 MALAYSIA AGfNTV lOUSTEAD SHIPPING AGENCIES KUL m (03)*****00 PKL- Til (03)*****01 PEN: m (04)*****02 PGU: TH (07) *****21/4 mi BANK LINE
      473 words
    • 1285 27 HMNWHYUNDAI MERCHANT MARINE CO., LTD. IVKSa VOY ISM I SOU IB! RTRI ANT HAM IRV EE IVESSH VOTI SOU I 184 NTM I ANT 1 HAM I BRV I Fa I SM HY FEDERAL 316W 15/02 03/03 04/03 06/03 09/03 AUAS 5271 29/01 30/01 24/01 26/oT U/5? THMAIS SS3W U/02
      1,285 words
    • 1028 27 «k ...1 rtowegion speookzed aotocamen QsmKS Wilhelmsen Lines TO NORTH AND LATIN AMERICA "RORO HEAVYLIFT SERVICE" IVESSEL VOY RAMP HEIGHT SIN I LAX |«L MB SAV Ml Otf MTC WW MOI TEXAS F905 400 Tom 6.3 M 23/02 25/03 03/04 M/ 04 08/04 10/04 11/04 12/04 17/04 It/04 TOM F906
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  • Page 28 Advertisements
    • 1568 28 Wishing All Our Customers, Business Associates Friends Hjp| I J? i&cotivi "Kecv tyetvi LheUM Mwqmmjßl FROM: COlfriNE,rr/ M,DDLE EAST TO: FAR EAST TAW SEN tma HONGKONG KEELUHG GUARDIAN ANGEL SAJLfD SAILED SAILED *AfllSK V 025 SAILED INTT 15/02 LOAOMG FOR: DD€ SETE/FLUSHING/ANTWERP/CAGLIAAY/NEWPORT UK MAUYSU HSN (M) SON IHO TAWAU "MMM
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    • 35 28 LNS EXPRESS (S) PTE LTD Blk 217 Henderson Road, #01-04 Henderson Industrial Park, Singapore *****5. CR NO: **********0/H Air-Sea International Freight Forwarders JUUAJtiA Also accepting Heavy Lift Project Cargo Tel: 65-276 7996 Fax: 65-276 3740
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  • Page 29 Advertisements
    • 52 29 STEbT} Dial 740-6000 —mkJ (Retrieve more schedules!) Press "1" Select the port and key in 5| P»l the four digit code -—eg: To New York (NYC) 2275 STErj 1 Key in your fax number SJ^) E „,eryo u rpho, Another innovative service offered by c The dOCUITient Will be SHIPPING
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  • Page 31 Advertisements
    • 48 31 I STEjftTk Dial 740-6000 on aemand (Retrieve more schedules!) Press "V QT JC\ Select the port and key in the four digit code —eg: To New York (NYC) 2275 Key in your fax number your phone number Another innovative sendee offered by The document Will be shipping times
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  • Page 32 Advertisements
    • 148 32 ■RHCRniiM 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: Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product or service
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  • Page 33 Advertisements
    • 812 33 SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL: *****88 FAX: *****29 (00TWAR0) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 V 5 66 t elia/Jessica/Mel Chan/Jeslynn/Dora/Hanim tnZEESKSBEEM i slgs/week sssSSSSEM 2 slg/week IVES 861 VQY SIN TJAK I VESSEL [VOY I SIN
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    • 887 33 0 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO p ,«y ink 1 1.;.. I i.; M M |mi as I\M as Mlre aj I iia jggjll MEXICO, US/GULF/EC, RED SEA, INDIA TO SINGAPORE, INDONESIA I ORf I** TAM I HOU SAV NYI I HAI I 1 I— I 1
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    • 667 33 ICCC+ Singapore Soviet Shipping CPL a He lOOSOMOOOOM k\V MvltfliM Shipping PL VJJJ CI No **********0 C VESSEL VOY SM BOM PNG PKL PtRAK 12SN 22/02 02/03 13/03 KOTA RUKUN RKNO29 27/02 07/03 18/03 KOTA RATU RTUO37 07/03 15/03 25/03 VESSEL VOY m CALCUTTA WN~ M REGINA RGAOB3 20-21/02 25/02
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  • Page 34 Advertisements
    • 607 34 IVESSEL^^VO^^SIN^^MAASI^^I TIGER PEARL 684N 15-16/02 21-24/02 01 02/03 I TIGER SEA 685N 19-20/02 252&02 05 06,03 I TIGER BAY 686 M 22-23*32 01 04/03 08 09/03 I TIGER ISLAND 687N 26-27/02 04-07/03 12-13WJ3 I TIGER PEARL 688N 01 02/03 0&11/03 16-17/03 I TIGER SEA 689N 11-14AJ3 19-20/03 I IVESSE^^^^VO^^Srf^CAirSI^I DAFA
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    • 838 34 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg EASTERN EUROPE SCANDINAVIA ITALY/MEDITERRANEAN GREECE/EGYPT UNITED KINGDOM Rotterdam Gothenburg Genoa Piraeus Southampton Hamburg Arhus Valencia Alexandria London Le Havre Copenhagen Barcelona Malta Felixstowe SLu IoW CANADA AUSTRALIA INDIA MIDDLE EAST JAPAN MAURITIUS R t^ ldC Karachi Dubo. Tokyo Port
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    • 30 34 CONVENTIONAL-SERVICE VESSEL ETA ETO DESTINATION CHAHAYA VICTORY 18/02 19/02 JAKARTA SURABAYA SOUTHERN QUEEN 20/02 22/02 BANGKOK SEA SHINE 24/02 26/02 PANGKAL BALAM CHAHAYA STAR 28/02 02/03 PAL EMBANG. PONT lANAK
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    • 1044 34 OOCL (Singapore, Pte Ltd CFS Kennel nuTT^^T^^ 1 79 Anson Rood #21-04 (S) *****6 Blk 513 #01-128 SI CR NO **********0H T«fc 272 7827 For booking VjJ W: *****13 F„ 221 3942 f«: 272 7825 XIT Orient Overseas Container Une 4 "W'Y (Malaysia) sdn Bhd (Reg No: *****2-U) ra PETALING
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    • 191 34 FULL CONTAINER SERVICE SIN PASIR GUDANG SIN DAILY SAILINGS [VESSEL I VOY I ETA PG I PAY I VQY [ETASK 1 DAY 1 IMP 52 0014S 22/02/99 (MOW |0014N J 23/D2/99 I (TUE) I 9943S 123T0 1 9943N |34 99 1 fWED) j Accepting UC cargo Reefer Container (SOC) (COC)
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  • Page 35 Miscellaneous
    • 124 35 LEGEND R Thunderstorm Temperature V Shower Weother W,nd d*ecf.on w.th speed .n knots Ram Cloudy Sky Wove height Surface winds ore indicated by orrows which fly with the wind W One full circle represents calm or light and variable w,nds One holt tleche represents 5 knots W ,oknOU One solid
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