The Business Times, 22 February 1999
1999-02-22
1
38
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The Business Times
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Title Section13 1999-02-22 1 THE BUSINESS TIMES MITA(P 85c SINGAPORE Internet: http://business-times.asial .com.sg/ MONDAY, FEBRUARY 22, 199913 words
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Article59 1999-02-22 1 OTOg MAMT1MHCBB Week Chuge STL— -.1,174-31 +19.46 SIMSC1 FUTURES... 199.40. -060 BTSRI 560.01.. +2,92 klse coup. _..ma -6.50 NIKKEI 14,098.04...+124.35 HANG SENG 9,284.12 -171 JO SET INDEX. .336.57 -10.86 JAKARTA COMP. 404.01 +3.47 MANILA COMP 1,***** +6.86 TAIPEI WPI 6,072.33...+274.33 SEOUL COMP.... J82.18 -29.69 CLSA CHINA B CLOSED59 words
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Article81 1999-02-22 1 S) to 100 units fOBEX BATES uss ss USI 1.707 per I) 1.634 .2.788 EUROflJSVSI PER E)1.120 1J11 DM 1.747 0.977 YEN 119.9 1.423* RM 3.796 0.460 HK3 7.748. 0.230 RAHT XIM.... 0446 RUPIAH .8,800 0.019* FUME BATES SINGAPORE* ..6.826 KUALA LUMPUR 11.50 JAKARTA 18.00 BANGKOK 1175 MANILA. .219081 words
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Article27 1999-02-22 1 SINGAPORE NEWS 2 ASIAN SLUMP 3 REGION 4, 6 WORLD 7 TV 11 LIFESTYLE 12 COMPANIES 13-15 FINANCE 16 COMMODITIES 17 MARKET REVIEWS 18 STOCKS 19-2227 words
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716 1999-02-22 1 Conrad Raj - Audit firm to review and help recover non-performing loans By i Conrad Raj [SINGAPORE] In a radical move away from conventional banking practices, OCBC Bank once regarded as Singapore's most conservative has engaged an outside party to deal with its non-perform-ing716 words
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Article, Illustration533 1999-02-22 1 Carol Eng, Corinne Kerk - Byt Carol Eng, Corinne Kerk [SINGAPORE] Businesses appear modest in their expectations for the coming Budget this Friday, having benefited from last November's $10.5 billion cost-cutting package and noting the government reminders that they shouldn't expect more so soon after. But533 words
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Article, Illustration954 1999-02-22 1 Andrew Marks - But bulls still believe the booming US economy will help bine chips Fromi Andrew Marks in New York A GROWING number of Wall Street strategists are predicting that the Dow Jones Industrial Average is headed for a correction of the order of 10 perSource: Bloomberg - 954 words
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Article, Illustration810 1999-02-22 1 Decline favourable, Hayami says after 6-7 meeting Bloomberg Bloomberg [BONN] Bank of Japan governor Masaru Hayami endorsed the yen's latest fall against the dollar, easing concerns among financial markets that Japan's monetary authorities may soon back off their support for theBloomberg; REUTERS - 810 words
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516 1999-02-22 1 Audrey Tan - Unexpected 7% drop suggests S'pore still not cost-competitive By, Audrey Tan [SINGAPORE] January's poor trade results have revived concerns that multinationals are continuing to move their production out of Singapore to cheaper Asian locations, analysts say. The January numbers, released by516 words
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Advertisement176 1999-02-22 1 mmmg Hie Clob issue Malaysia should release Clob stocks and barrel, says KL correspondent Eddie Toh, Pg 13 Toogh for banks S-E Asian and HK banks face competition in gathering retail and corporate deposits as they strive to regain their strength in their core functions, following the regional financial crisis,176 words
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Advertisement7 1999-02-22 1 G-7 Meeting: More reports on Pg 77 words
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SINGAPORE AT HOME & ABROAD
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Article, Illustration2288 1999-02-22 2 Pok Soy Yoong - Ernst Young's Pok Soy Yoong expects the Budget to be unveiled on Friday to focus on two areas: immediate relief of a temporary nature to businesses and laying the fiscal foundation through a series of incentives and relaxations to meet the challenges ofFILE PHOTO - 2,288 words
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Article, Illustration289 1999-02-22 2 Corinne Kerk - EYE ON THE ECONOMY Construction Byy Corinne Kerk PRIVATE sector construction work continued its downward trend last November, leading to a 69 per cent year-on-year drop in contracts awarded. Preliminary numbers from the Construction Industry Devel- opment Board (CIDB) show that $479.07 million worth ofSource: CIDR - 289 words
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792 1999-02-22 2 Corinnee Kerk - Bllt CDL maintflinff context of usage in brochures different By i Corinnee Kerk THERE are two landed residential projects by City Developments Ltd (CDL) where the term "built-in" is used to refer to the internal areas of a house, said lawyers of792 words
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Article, Illustration403 1999-02-22 2 Audrey Tan - Byt Audrey Tan SINGAPORE may contribute to the US$lO billion (Ssl7 billion) Asian Growth and Recovery Initiative launched by Japan and the US, Prime Minister Goh Chok Tong said yesterday. Speaking to reporters at a Chinese New Year Garden Party at the Istana,CHEW SENG KIM/ST - 403 words
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ASIA'S ECONOMIC SLUMP
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570 1999-02-22 3 Neil Behrmann - Forecasts based on expectation that US growth will slow down by only 1-2% From Neil Behrmann in London EXPECT a sharp rebound in Asia-Pacific economies next year. This is the overwhelming view of 130 prominent economic and financial forecasters who specialise570 words
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361 1999-02-22 3 Reuters [SEOUL] The sliding value of Japan's yen has set off alarm bells over South Korean exports which otherwise have been forecast to rebound after shedding 2.2 per cent in 1998, economists said yesterday. "A 10 per cent drop of Japan'sReuters - 361 words
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299 1999-02-22 3 Reuters [NEW DELHI] Gaping fiscal deficits confront Indian Finance Minister Yashwant Sinha as he prepares a Budget to steer the country's battered economy in the next fiscal year beginning on April 1. Mr Sinha will unveil the annual 1999/2000 (AprilMarch) federal BudgetReuters - 299 words
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175 1999-02-22 3 Reuters [MANILA] The Philippine commercial banking system's non-performing loans (NPLs) dropped further to 10.37 per cent at the end of December compared to 11.82 per cent in November, the central bank said yesterday. "This confirms our preliminary assessment that the NPL situation mayReuters - 175 words
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Article, Illustration751 1999-02-22 3 Vikram Khanna - CRISIS WATCH It is unlikely to match IMF in mobilising resources from govts In US and Europe By Vikram Khanna Eighteen months ago, when Asia's crisis had just begun to rage, Japan floated the idea of an Asian Monetary Fund or AMF —a regional version751 words
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283 1999-02-22 3 After a year in office, he lays stress on political reform and unemployment AFP [SEOUL] South Korean President Kim Dae Jung yesterday pledged a massive stimulus package this year to end the country's prolonged economic recession, as he began celebrating his firstAFP - 283 words
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330 1999-02-22 3 AFP, Reuter (TAIPEI] The Taiwanese government may knuckle under pressure from business leaders and cut a stock transaction tax to rescue the sagging share prices despite objection from the opposition, officials said yesterday. Premier Vincent Siew yesterday said theAFP,; Reuter - 330 words
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Article, Illustration492 1999-02-22 3 Reuters [TAIPEI] As expected, Taiwan's Year of the Rabbit financial reforms sparked a strong new year stock rally, but economists were sceptical about their longer-range impact on the island's slowing economy. "The actions show the government really knows how serious the problem is andReuters; Source: Bloomberg - 492 words
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Page 3 Advertisements
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Advertisement79 1999-02-22 3 is running out, better upgrade now before it becomes too costly to solve your Y-2-K problem. We can help you in Standard Business Accounting Software or can also provide Customised Software under Window'9s NT platform. Call 224-3812 today! You still have time. Later could be too late! i MM S79 words
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Advertisement9 1999-02-22 3 fpmxmmi Er!7lrT?r^l TSSftttif* I -K&mmmiM j/*S ag fig J9 words
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REGION
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334 1999-02-22 4 TAIPEI AFP FORMER US defence secretary William Perry is to visit Taiwan and China next month as part of a bid to press for "second track" dialogue between the rival sides, a report said here yesterday. Mr Perry, who visitedAFP - 334 words
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Article, Illustration517 1999-02-22 4 RUM-DP TO SABAITS ELECTIONS PBS throws charge back at National Front; Dr M may step in on seats AFP [KOTA KINABALU] Malaysia's opposition Parti Bersatu Sabah (PBS) has denied fanning racist sentiments in its quest to wrest power from the ruling National FrontAFP; FILE PHOTO - 517 words
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157 1999-02-22 4 KOTA KINABALU Bernama THE leadership of Malaysia's theocratic opposition party PAS has approved the 10 candidates to be fielded in the coming election in the east Malaysian state of Sabah, the party's state election director Mohamad Husain said yesterday. They consist of businessmen, professionals andBernama - 157 words
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488 1999-02-22 4 KUALA LUMPUR Law suits, political tours, attacks on foreign press abound Reuters MALAYSIA'S political temperature, already near boiling point, is on the rise as a deadline for general elections approaches. A spate of law suits, cross-country tours by politicians, a campaign against theReuters - 488 words
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221 1999-02-22 4 KUALA LUMPUR AFP MORE than 200 people from various opposition parties staged a peaceful anti-govern-ment demonstration in the Malaysian capital yesterday to denounce the imposition of high toll rates. Led by opposition leader Lim Kit Siang, the protesters who were mainly Malays andAFP - 221 words
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306 1999-02-22 4 HONGKONG 300 immigrants end 16-day sit-in, apply for permits to stay Reuters HUNDREDS of mainland Chinese are gearing for a second legal battle over the right to live in Hongkong after immigration officials gave them a temporary reprieve from deportation over the weekend.Reuters - 306 words
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438 1999-02-22 4 JAKARTA Reuters INDONESIA'S ruling Golkar Party is testing the political waters in the post-Suharto era before fully committing itself to his successor in the November presidential polls. Golkar heavyweights have floated the idea of backing President B J Habibie, but have yetReuters - 438 words
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664 1999-02-22 4 JAKARTA Observers say phone tapping sign of power straggle among elite AFP INDONESIA'S armed forces chief has denied any military involvement in the purported tapping of a phone call between President B J Habibie and his attorney-general, the Republika newspaper reportedAFP - 664 words
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Article, Illustration476 1999-02-22 5 INDIA-PAKISTAN SUMMIT Summit ends with pacts to reduce nuclear risk and to find a way ont of the Kashmir impasse AFP [LAHORE, Pakistan] The premiers of Pakistan and India yesterday vowed to take immediate steps to reduce the risk of nuclearAFP - 476 words
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382 1999-02-22 5 NEW DELHI Reuters INDIA yesterday praised Prime Minister Atal Behari Vajpayee and his Pakistani counterpart Nawaz Sharif, brushing aside the protests against the peace talks between the two leaders. Mr Vajpayee, who crossed the barbed wire border into Pakistan by bus to a warmReuters - 382 words
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353 1999-02-22 5 SEOUL Reuters TWO South Korean chipmakers have failed to strike a pricing deal on their acquisition deal, which has now entered into the final, govern-ment-mediated stage, company and government officials said yesterday. Hyundai Electronics Industries Co and LG Semicon Co have failed to narrow aReuters - 353 words
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262 1999-02-22 5 SEOUL Six life assurance firms face closure, says report AFP SOUTH Korea's troubled financial sector faces a second stage of sweeping restructuring, with six life assurance Firms doomed to death, reports said yesterday. The reform process will start with aAFP - 262 words
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Advertisement95 1999-02-22 4 Further Cost Cutting with OUr financial district, Corporate Package successfully combines the old-world service with tf ,lJC the new-world amenities, S$ J.A%J Single Double t0 ma^e y our sta y tru iy comfortable Welcome drink memorable. Deluxe room on corporate floor Daily buffet breakfast Free pressing of 2 garments per95 words
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Advertisement448 1999-02-22 5 Hit them with your best shot! KS I Executive image creation from world leading studio chain. Award-winning styling captured on superior print processed in America gives quality quite unrivalled in Singapore. Complete for Men at $70 at $98. Clamour Shots. Your In Suntec Fax *****73 *****18 Sign up now for448 words
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REGION/WORLD
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590 1999-02-22 6 THE MICROSOFT CASE Sloppy defence reflects arrogance but judge not likely to break np company AFP [WASHINGTON] Microsoft Corp is likely to escape serious legal sanctions in its antitrust trial, despite a defence of poorly prepared witnesses and sloppy technical demonstrations, experts say.AFP - 590 words
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278 1999-02-22 6 LONDON It counters criticism saying partial leak of report is unfair AFP THE British government was yesterday embroiled in controversy after stepping in to block publication of leaked extracts of a report said to accuse Britain's largest police force of racism. Home Secretary JackAFP - 278 words
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Article, Illustration62 1999-02-22 6 [SYDNEY] Safety Sam, The Condom Man. distributingfree condoms on the steps of the Sydney Opera House on Saturday to increase public awareness of HIV/Aids during the 21st Gay and Lesbian Mardi Gras festival. The annual month-long festival of theatre, film, music and arts culminates in theAFP - 62 words
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214 1999-02-22 6 NEW DELHI AFP INDIA will oppose a World Trade Organisation (WTO) agreement on tariff cuts for information technology (IT) products during negotiations in Geneva, the Press Trust of India said yesterday. The pact plans to extend the WTO's 1997 Information TechnologyAFP - 214 words
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467 1999-02-22 6 WASHINGTON It says it should look at whole picture instead of at individual sectors Reuters THE World Bank, which admits it failed to tackle problems leading to Asia's economic demise, should change the way it lends to member states, according to a policyReuters - 467 words
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250 1999-02-22 6 LONDON AFP A FORMER British secret agent claims a Russian spy ring has infiltrated London's financial heartland and is targeting top staff at the Bank of England and City institutions, the Sunday Times reported. The paper said the ex-offi-cer with Britain's overseas intelligenceAFP - 250 words
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Advertisement248 1999-02-22 6 TAEJUN-TRADE MISSION KOREA 26 FEBRUARY 1999 (FRIDAY) 10.00 AM TO 6.00 PM The Oriental Hotel, Ballroom 1 (Level One) 5 Raffles Avenue, Marina Square, Singapore *****7 Tel: 338 0066 MISSION MEMBERS WISH TO CONTACT distributors, importers and agents for their products in Singapore. For appointments with mission members, please tick248 words
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G-7 MEETING
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Article, Illustration569 1999-02-22 7 Regular meetings to swap info, assess risks, identify action Bloomberg [BONN) Economists welcomed a weekend agreement among Group of Seven (G-7) finance ministers on a plan to help avert future economic crises while warning that such plans are nothing new. "Of course this isBloomberg; AFP - 569 words
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Article, Illustration873 1999-02-22 7 11-nation eurozone, Japan, Brazil urged to improve growth Bloomberg [BONN] Finance ministers and central bankers from the Group of Seven leading industrial nations, bowing to strong US opposition, agreed on Saturday not to change the management and coordinationBloomberg - 873 words
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462 1999-02-22 7 Members pledge to review criteria and strike a deal by June Reuters [BONN] Finance ministers from the Group of Seven (G-7) industrial nations on Saturday announced a major new drive to speed up debt relief for the world's poorest countriesReuters - 462 words
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482 1999-02-22 7 Italian slump expected to weigh on Europe's growth Reuters, AFP [BONN] The Group of Seven (G-7) nations forecasts European growth in 1999 slowing to 2 per cent or less from 2.6 per cent in 1998 due in part to a slumpReuters,; AFP - 482 words
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Page 7 Advertisements
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Advertisement214 1999-02-22 7 LAGUNA BONDS LTD (Incorporated with limited liability in Strgapore) NOTICE OF PARTIAL REDEMPTION Partial Redemption of 5552,000.000 5 15/16 Per Cent Bonds Due 2001 of Laguna Bonds Ltd (the "Bonds") NOTICE IS HEREBY GIVEN of the exercise by Laguna Bonds Ltd (the Company of its option under Condition 4(B) of214 words
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BUSINESS IT
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Article, Illustration686 1999-02-22 8 Raju Chellam - The market for educational tools in S'pore could grow 30% a year By] Raju Chellam [SINGAPORE} Singapore's market for educational software has got a fresh boost with a spate of new products being announced in the last couple of weeks. At stake is aARTHUR LEE - 686 words
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285 1999-02-22 8 Reuters [SAN FRANCISCO] Linux, the upstart rival to Microsoft's Windows operating system, received perhaps its biggest boost to date last week when International Business Machines Corp said it will provide Linux on its powerful server computers that runReuters - 285 words
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420 1999-02-22 8 Expert says state sector will meet compliance deadline Reuters [BANGKOK] Thailand may boost its budget for millennium compliance to ensure all state-sector computers are upgraded by the turn of the century, the head of the National Science and Technology Development Agency said.Reuters - 420 words
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IT TAKES
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Article61 1999-02-22 9 HEWLETT-PACKARD Singapore has won a $1.2 million contract from OCBC Bank to implement a complete IT management solution for the bank. The solution will be baaed on HP's Open View IT Service Manager (ITSM), which includes a suite of integrated software modules that will let61 words
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Article51 1999-02-22 9 KODAK Professional Digital World will be held on March 9 at the Grand Plaza Parkroyal Hotel. It will feature demonstrations of digital cameras, virtual photography, interactive imaging, digital photo ID, and large-format inkjet and LED printers. Hothouse Media is the organiser and entry is by invitation. Fax:51 words
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Article58 1999-02-22 9 A TWO-DAY seminar on Supply Chain Management Techniques will be held at the Kent Ridge Guild House on March 15 and 16. It is presented by Dunn Bradstreet Singapore, managed by Kuhle Consulting, and conducted by Michael Novitsky, president of Professional Consulting Alliance and technical consultant for58 words
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Article50 1999-02-22 9 VOICE Asia 99 exhibition and conference will be held at Suntec City from April 13 to 15. It will feature four conference sessions—on call centres, computer telephony, Internet integration, and CT servers—and four half-day workshops. It is organised by Advanatar Communications. For details, e-mail: gmartin@advanstar.com.50 words
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Article110 1999-02-22 9 NETWORK Associates says business users should beware of two new viruses. The first is the W97M/Caligula virus that infects Word 97 files, disables some menu items and strikes on the 31st of the month with a message that reads: "no cia, no nsa.no satellite, could map110 words
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39 1999-02-22 9 NETWORK Associates International (NAD has appointed Dean Mansfield as the company's first vice-president for the Asia-Pacific region. He will be based in Australia and will be responsible for implementing the company's Total Solutions Program.39 words
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Article83 1999-02-22 9 Raju Chellam - Compiled by Raju Chellam ABOUT I,ooocompanies are expected to participate at the 11th Asian International Information and Communications Technology Exhibition and Conference (CommunicAsia9o) from June 22 to 25 at the new Singapore Expo centre. The Internetßusiness99 showcase, the Internetßusiness99 Summit and the PECC (Pacific Economic Cooperation Council)83 words
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160 1999-02-22 9 Bloomberg [ARMONK, New York] International Business Machines Corp will sell computers with software that tracks banking customers, expanding in the fast-growing market of data analysis. Decision Edge, a combination of software and consulting services available with IBM computers, comes in versions for local andBloomberg - 160 words
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Article, Illustration427 1999-02-22 9 Many are reluctant to take on the bug on short notice fearing future setbacks Reuters [NEW DELHI] With time running out for firms across the world to fix Year 2000 (Y2K) computer problem, demand for a solution is still robust, but India's software firmsReuters; FILE PHOTO - 427 words
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Article, Illustration648 1999-02-22 9 Lim Chon-Phung - By Lim Chon-Phung The author is general manager, enterprise business computer organisation, Hewlett-Packard South Asia WHY would a multinational company (MNC) want to do business in Asia? Though this question may be obscured by the current economic crisis, Asia648 words
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Article, Illustration283 1999-02-22 10 Raju Chellam - By Raju Chellam [SINGAPORE] Japanese giants Canon and Sony last week announced new digital cameras with a slew of features that promise better and brighter pictures from devices that are lighter, smaller, and use new technology. Canon's Power Shot A 5 Zoom digital283 words
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611 1999-02-22 10 Disappointing results seen as reason behind the move NYT [ROUND ROCK, Texas] Up to now, Dell Computer Corp, the fastest growing personal computer company, has chosen not to compete in the subUS$l,OOO (551,706) PC market, the industry's fastest growing segment. The companyNYT - 611 words
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ON THE SHELF
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Article, Illustration89 1999-02-22 10 EPSON Singapore is ready with the GT-9600, a high-speed, high-resolution A 4 size colour image scanner (above) targeted at businesses and design professionals. The 36-bit scanner offers 800 by 3,200 dots per inch (dpi) resolution, "the highest optical resolution in its class", Epson said. It works89 words
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61 1999-02-22 10 EPSON Singapore has launched two new dot matrix serial impact printers for heavy-duty office printing. The DFX-8500 costs $4,299 and comes with a nine-pin head that prints 1,120 characters per second (cps) in draft mode, runs on a network, and can print up to61 words
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Article42 1999-02-22 10 ADOBE Systems has announced its new Dynamic Media Studio, which is an integrated collection of its applications, including After Effects 4.0 (production bundle), Premiere 5.1, Photoshop 5.0.2, and Illustrator 8.0. The suite costs $5,940. For details, fax *****23.42 words
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Article65 1999-02-22 10 ALIAS/WAVEFRONT, a subsidiary of Silicon Graphics Inc (SGI), has announced Maya Complete, a new animation and effects software for digital content creators working on Win NT or SGI workstations. It includes Alias/Wavefront's 3D modelling, rendering animation technology, Maya F/X particles system with integrated soft-body dynamics, and65 words
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Article71 1999-02-22 10 Raju Chellam - Compiled by Raju Chellam PSION pic (Asia-Pacific) is ready with InSync Pro, a palmtop synchronisation solution for Lotus Notes. Notes users can now synchronise their Calendar, Diary and Domino databases with Psion's applications. The $178 InSync Pro is a plug-in synchroniser for Psi Win Psion's71 words
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Page 8 Advertisements
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Advertisement24 1999-02-22 8 SYMANTEC. Roll out 500 fu y f unctiona P c s v aggp||g||| LsT-, < '4\' fl Bask ?M JMlffßllllll 1 111 M11 »1 »T»]24 words
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Advertisement700 1999-02-22 8 P* No dekjyi later P—Maa* Pikhhc IMMHI with anoMbucMiM Thtbgp&ut 14.1' XCA Active Mrtita C ill m H)l j luggte mun&r tosks MM IMAM The Mftofc offer 4. OCa taimth Ultra ATA Hard Mm Megatarment Modular Combo UX CDBOM Drtve ft 1.44M8 IT Diskette Ditn CraphKakf tnume *4- kit Crap700 words
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Page 9 Advertisements
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Advertisement76 1999-02-22 9 Drink Vour Waq To ■Quench your thirst with the cool, clear taste of (&ESSP natural mineral water and HIE pure distilled water which are free of chlorine and rag*: additives so you'll never go thirsty again! Plus, enjoy these great savings 000- from Wanin Industries! New Dispenser >1 $800 Reconditioned76 words
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Advertisement98 1999-02-22 9 "Buy Office 97 and get absolutely FREE" MWRqiI I a CALL MICROSOFT SERVICES AT 324 5255 FOR MORE INFORMATION OR VISIT OUR WEBSITE AT ivww microsoft.com Singapore services bestbuvs htm I contact your nearest authorised retail centres now I A<kl«>n S»s».-ms iFun.m) 338 377H Alph.isnK |Fun.in| 339 15«,7 B»-tts M.uh.-tm;;98 words
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Page 10 Advertisements
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Advertisement327 1999-02-22 10 C '9M Ureays Corporation Integrating networks. Writing middleware. But before you know it, Monday's here and we have to go back to work, n The people at Delta Air Lines® had an ambitious organization, we delivered a solution in just goal. They wanted to revamp their cargo six months. Most327 words
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Advertisement322 1999-02-22 10 linux i conference 1999 lllr 5 7 March 1999 m Singapore International Convention and I*9 W Exhibition Centre A major conference focusing on the use of Linux to increase LJL productivity and reduce operating cost The First in Asia Do NOT Miss it! Watch Linus Torvald LIVE! the Linux World322 words
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EXECUTIVE LIFESTYLE
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Article, Illustration449 1999-02-22 11 ERIC SLATER - He helped bring film criticism to the masses with weekly TV shows, says eric slates ERIC SLATER LAT-WP Gene siskel, who along with partner Roger Ebert brought film criticism to the masses with their weekly television programme and ingeniously concise thumbs-up, thumbs-down rating system, diedLAT-WP; REUTERS - 449 words
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Article, Illustration899 1999-02-22 12 PERSONALITY Nikita Mikhalkov's latest film seen as an extravagant political advertisement NYT (MOSCOW] Nikita Mikhalkov, Russia's most celebrated living film director, has already won an Oscar for his 1995 movie, Burnt by the Sun. He has fame, fortune and, as many women fans would haveNYT; REUTERS - 899 words
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344 1999-02-22 12 CULTURE German town known for its links with musicians, writers AFP [WEIMAR, Germany] Weimar, a small town in Germany known for its links with writers, musicians and designers, as well as the ill-fated republic of the inter-war period, became Europe's culture capital lastAFP - 344 words
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Advertisement173 1999-02-22 11 I Celebrate the last century with De Grand M CHINESE NEW YEAR SPECIAL From 16 Feb 99 28 Feb'99 SET LUNCH $9.80 NETT (11 AM 3PM) flj W SET DINNER-$lO.BO NETT (SPM-10PM) ffei W Thai style claypot red curry chicken with pineapple "*J| sTw Spanish pork nbs with garlic sauce173 words
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Advertisement10 1999-02-22 11 CAnfoneit fihuilc for frixUg CM**#. tl'ooZ eu 25ScM^Sfe)" 8:: a10 words
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Advertisement162 1999-02-22 11 Surt the year nght with the traditional tosstng of "Lo Hei" of the customary "Yu Sheng". The two types of "Yu Sheng" include: small large Ikan Parang Yu Sheng $i 6 $48 Salmon Yu Sheng 339.80 $68.80 Available from 6 Feb 2 Mar. For reservations, please call 432 5543/46. Prices162 words
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Advertisement110 1999-02-22 11 2-13 March *99 Acrobatic Troupe performance 24 March 99 HHMHtuLINARY Reservations: 224-3203 Ttk flmr, ONnw Lfeaas Htmm, Cdfcvr Qmm% TH»ijip *****1 Td 224 3922 N«w Vear ■Prow $2£s+++ oP -Pour). From 10th Februory to 2nd Morch, you con usher in the prosperous Yeor of the Rabbit of Won Hoo with110 words
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Page 11 Miscellaneous
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Miscellaneous1078 1999-02-22 11 CRYPTIC CROSSWORD 1 Avoid remote stronghold 11 Once away, for this reason (5) ■J 12 Divested, couldn't he go out? JB——P® IH 13 Assassin said to be a winter- 'mm —mm— mm Lm sports enthusiast (8) |J[ j||| H H H 14 Second owner of useful cat? 13 H l51,078 words
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Page 12 Advertisements
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Advertisement155 1999-02-22 12 NISSAN! < v FORKLIFT WK/Bk iff r y .v }r i.ry _r v -vtj m rw|£ f JtsiPf /:> v »'rv rw' t fir \ml f% r r 1 vi i I I r Cf; HI v cf> yn 1 Fli L 4&&7&1 U w r v£ i fj'.l V;155 words
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COMPANIES & MARKETS
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Article, Illustration547 1999-02-22 13 Conrad Raj - Survey finds crisis shrinks markets and region's banks don't spend enough on IT By i Conrad Raj [SINGAPORE] South-east Asian and Hongkong banks face greatest competition in gathering retail and corporate deposits as they strive to regain their strength in their coreFILE PHOTO - 547 words
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Article, Illustration843 1999-02-22 13 Eddie Toh - MAUBT MATTERS Move will put Malaysian bourse on a sounder footing By Eddie Toh HOW should Malaysia deal with the more than 10 billion ringgit (554.5 billion) worth of Malaysian stocks previously quoted on Singapore's Clob International and now trapped in a state of limbo843 words
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COMPANIES
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580 1999-02-22 14 Analysts expect huge losses from NPLs, which may account for 52% of its loan portfolio Reuters [BANGKOK] The Siam Commercial Bank (SCB), Thailand's oldest and most venerable bank, is facing the gravest crisis in its 93-year history and desperately needsReuters - 580 words
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674 1999-02-22 14 But many banks are still not interested in looking for partners NST [KUALA LUMPUR] While thinkers, market players and the victims differ on the reasons for the East Asian economic crisis, all agree that the financial institutions, among the firstNST - 674 words
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366 1999-02-22 14 Neil Behrmann - Radical revamp planned bnt M'sian exchange controls may foil efforts From Neil Behrmann in Ixmdon TYCOON Khoo Kay Peng's Malaysian United Industries (MUI) Bhd is considering turning the listed UK fashion group Laura Ashley into a private company, according to the London366 words
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INTERNATIONAL COMPANIES
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Article, Illustration727 1999-02-22 15 Bloody David vs Goliath takeover battle looms over Europe's 4th largest telecoms firm Reuters [ROME] Italian communications group Olivetti unveiled an audacious US$5B billion (5598.9 billion) bid for its larger rival Telecom Italia on Saturday, forcing it on to theReuters; FILE PHOTO - 727 words
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325 1999-02-22 15 Deal for handphone operator said to be worth over USslb FT [ZURICH] Deutsche Telekom is taking majority control of Austria's max.mobil, one of Europe's fastest growing mobile telephone operators, in a deal understood to be worth more than US$l billion (Ssl.7 billion). The GermanFT - 325 words
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356 1999-02-22 15 Reuters [FRANKFURT] Mannesmann AG said yesterday it had reached a conditional agreement with Olivetti to buy the Italian group's stakes in mobile phone operator Omnitel and fixed-line phone firm Infostrada for 14.9 billion Deutschemarks (5514.5 billion). The German engineering and telecoms group said theReuters - 356 words
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Article, Illustration316 1999-02-22 15 Reuters [SYDNEY] Ansett Holdings executive chairman Rod Eddington said yesterday the airline was aiming to exceed its target of Asloo million (*****.9 million) in operating profit for the year to June 1999. Asked on Channel Nine's Business Sunday programme whether he would beReuters; FILE PHOTO - 316 words
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325 1999-02-22 15 Heavy trading likely as individuals seek quick profits AFP [PARIS] Air France makes its debut on the Paris stock market today, when just under a quarter of the company will be quoted, but the government will retain a majority stake in theAFP - 325 words
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Article, Illustration452 1999-02-22 15 COO paid USsl7m, a rise of 8.2%, bat firm's profit grew even faster at 15% NYT [NEW YORK) After weathering last year's financial storm better than many rivals, Morgan Stanley Dean Witter's top executives will take home more money this yearNYT; FILE PHOTO - 452 words
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474 1999-02-22 15 Action could impact next month's vote by NASD board on similar proposal Bloomberg [WASHINGTON] An advisory committee of the National Association of Securities Dealers opposed the notion of permitting the Nasdaq stock market to sometimes halt trading of volatile stocks. Nasdaq'sBloomberg - 474 words
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FINANCE & COMMODITIES
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401 1999-02-22 16 Former unit of French bank being sued for billions by California state FT [SAN FRANCISCO] A multi-billion-dollar lawsuit filed last week by California's insurance commissioner is unlikely to disrupt next month's privatisation of Credit Lyonnais, the French bank saidFT - 401 words
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594 1999-02-22 16 Strategy part of revamp by new investment chief Bloomberg [WASHINGTON] Franklin Mutual Advisers Inc, in the first quarter without value investor Michael Price in charge of daily management, cut its stakes in hundreds of companies, including the sale of about 6.5Bloomberg - 594 words
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333 1999-02-22 16 Reuters [ZURICH) The 25 per cent stake in Swiss Life being sold by ÜBS will go to a range of strategic investors and the sale will not affect the insurer's share price, chief executive Manfred Zobl told a SwissReuters - 333 words
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Article, Illustration85 1999-02-22 16 [TAIPKIM Taipei securities broker greeting a dancer dressed as the Chinese fortune god in the belief that the god of fortune will bring luck on the stock market'sfirst trading day of the Chinese New Year of the Rabbit on Saturday. The Taiwan stock index on Saturday closedREUTERS - 85 words
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132 1999-02-22 16 AFP (TOKYO) Japan's Sanwa Bank plans to take a 30 per cent stake in mid-sized brokerage firm Universal Securities Co for six billion yen (5585.3 million), reports said on Saturday. Sanwa, one of the country's top city banks, will buy Universal Securities sharesAFP - 132 words
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Article, Illustration1859 1999-02-22 16 PRIME LEWPIMO RATES SAMS ABN Amro Bank NV 5 V« ABSA Bank Limited 6^ Agricultural bank Of China 6 ANZ Banking Croup 6 v t Allied Irish Bank PIC 5 American Express Bank 6 Arab Banking Corp 7V« Arab Bank PIC 5v% Asahi Bank Ltd iv, Ban Hin Lee Bank1,859 words
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COMMODITIES & FUTURES
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Article, Illustration519 1999-02-22 17 Hiroko Komiya - SIIWKX Weekly Roundup Hiroko Komiya [SINGAPORE] The highlight last week was the surprising weakness of the Japanese yen. which fell nearly 7 yen to 120.75 yen after Japanese officials talked down the yen. Meanwhile, the Ministry of Finance confirmed a news report that they wouldSource: Simex - 519 words
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Article, Illustration831 1999-02-22 17 COMMODITY Weekly Roundup AFP [LONDON) Sugar prices hit a 12-year low point last week on speculative selling and an up ward revision of world production estimates, while oil enjoyed a slight recovery, but remained caught in an overall slump.AFP; Source: Bloomberg - 831 words
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Article1866 1999-02-22 17 S1C0M FUTURES Feb 19 RUBBER (futures dosing is at 5.30pm) RSS1 CONTRACTS cMtsAg) Clos« Volume Open Month High Low Sett (tonnes) Interest Mar 99 1H.75 500 Apr 99 112.75 850 May 99 114.75 925 Jun 99 116.75 300 Jul/S«p 99 120.25 825 Oct/Dec 99 123.75 225 RSS 31,866 words
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MARKET REVIEWS
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272 1999-02-22 18 HONGKONG AFP HONGKONG stocks are expected to trade in a narrow range in the week ahead with few fresh incentives to give the market direction, dealers said. The blue chip Hang Seng Index closed down 1.8 per cent at 9,254.12AFP - 272 words
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Article860 1999-02-22 18 Q Sydney *318 A STRING of key indicators and profit results this week will determine the direction of the Australian share market with most analysts tipping another strong week to follow Friday's 1.5 per cent rise. "It has been a buoyant earnings season," Colonial State Bank chief860 words
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Article, Illustration554 1999-02-22 18 NEW YORK Investors shifting money into stocks with fast earnings growth that aren't as highly priced Bloomberg THE slump in high-flying computer stocks presents a quandary for "growth" investors: where to turn when old reliables like Dell Computer Corp disappoint. TheBloomberg; FILE PHOTO - 554 words
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Article2017 1999-02-22 18 P Paris *7002 THE CAC Index shot up more than 2 per cent in the final minutes of otherwise dull trade on Friday. The index closed up 2.25 per cent at 4,130.48 on volume of 2.3 billion euros on the final day of the February settlement, leaving2,017 words
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293 1999-02-22 18 LONDON AFP THE London stock market rose over the week after a long series of company annual results reassured investors that Britain's slowing economy is in for more of a soft landing than a recession. The FT-SE 100 Index closed on Friday at 6,0301.2 points,AFP - 293 words
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452 1999-02-22 18 TOKYO AFP SHARE prices in Tokyo are expected to trade in a limited range in the coming week with investors closely watching global market reactions to a Group of Seven (G-7) meeting, brokers said. "Range-bound trading is expected next week as we don'tAFP - 452 words
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KUALA LUMPUR STOCK MARKET
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Article8431 1999-02-22 19 INDUSTRIALS Consumor products 1999 Last Vol Week Net Cap L— Company Sal* JOOO High Low P/E Smll 310 280 Ajinomjto 290 10 2 290 290 16.0 117.5 83 62 Angkasa 76 5 2.5 4 6.5 74 112 8 283 243 Apollo Food Hlg 250 -5 4 250 243 8.7 100.08,431 words
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482 1999-02-22 19 AFP P Composite Index -5.5 MALAYSIAN stocks are expected to post gains ahead of impending elections in the eastern state of Sabah, dealers said. "I expect an upbeat mood due to the Sabah state elections," a dealer with a local brokerage said,AFP - 482 words
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WARRANTS & OPTIONS
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Article2636 1999-02-22 20 BONOS, LOANS ft WARRANTS Nt 52-Wk Lut Vol Wn« Last Oust* A»« High low Stno Company S.I. *or- (0001 Hi<jh Low Buy.r Sailar Prtca '8 3 3)60 A Acar W*****1 USS 12.5 »0.S 12 12.5 12 11 12.5 35 4.5 3164 AcmaW*****4 >6.5 unch 366 16.5 15.5 16 16.5 172,636 words
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Article207 1999-02-22 20 R Sivanithy - WARRANT WATCH By R Sivanithy RECENTLY, punters seem to be switching out of the penny 1999 warrants into those with longer dates. This could have been motivated by recent reports that many corporate insiders have been selling out of their holdings of 1999 warrants, which207 words
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Article227 1999-02-22 20 HONGKONG STOCKS Or Or 32-Wk Lnt Vol »M Last Quota Dtv Dtv YM Nat M Ca# Hlgti Low Stno Company Sw COOO) Mlgh Low Buytr SaMar H C'vr Pfl $mM 5123 COL (2000) MK 400 8 2.4 2 20 5 7744.7 5124 Cathay Pac 20c MK— 720 265227 words
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6320 1999-02-22 21 Cc Cr M m u Lm* Vol Waak LhI Quota Oly OW VM Net Cap A,g M *»> Lo1 S,N Campany Saia COOP) H>» Low Buytr tun Cyr P/t $mll Prtca MULIHNDQSTRY 142 r7.5 m t 1000 Acma 50c 72.5 153 72.5 71 726,320 words
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Article1246 1999-02-22 21 1M Vjl Day LMtOuet* M» Div Ytd Nat Cap Av« L— ttm Cl«M«» t«n rOOO) Hm> law K—f Cw P/l trnm PrtS MANUFACTUftMO 231 30 2049 AS Auto Kk 92.5 -1 698 94.5 90 92.5 93 15 N T 13 87 K>56 94 79.5 45 2051 ASJHK)gs20c 54 unch1,246 words
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STOCK EXCHANGE OF SINGAPORE
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Article449 1999-02-22 22 Stocks Vetomt STEngglOc 21.467,000 SemtoCorpI 25c 17,518,000 DBS Ural 13,245,000 SingTel 15c 10,672,000 Heslte Hldgs25c 9,181,000 Keppel Land50c 7,087,000 Keppei LaraflKOO 5,945,000 OCBC Foreign 5,779,000 OUB Foreign 5,464,000 BankBttMlCW99 5,394,000 Stedis OCBC Foreign 61,648,593 DBS Foreign 45,788,568 SPH 40,035,866 OUB Foreign 33,820,436 SentoCorpI 25c 33,676,068 UOB Foreign 31,633,955 STEngglOc 31,066,874449 words
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Article, Illustration617 1999-02-22 22 R Sivanithy - Investors likely to sell stocks if Sing dollar weakens farther THE WEEK AHEAD By i R Sivanithy TO say the Year of the Rabbit has hopped off to a mixed start would perhaps be an understatement. First, the Straits Times Index dropped617 words
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Article, Illustration68 1999-02-22 22 Wong Wei Kong - By Wong Wei Kong OCBC Bank Foreign shares closed last Friday up $0.30 at $10.80 on a volume of 2.64 million shares, compared with its 10-day traded average of 2.66 million shares. The daily and weekly RSI and Stochastics indicate there is further room for the stock to68 words
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Page 13 Advertisements
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Advertisement292 1999-02-22 13 Qot the latest corporate results on BT Online You can now get the latest corporate results andnews on BT Online. With the reporting season picking up pace, we will carry on BT Online highlights of the financial results of Singapore and top Asian companies soon after they are announced. We292 words
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Advertisement161 1999-02-22 13 Information and communications technology is getting smarter all the time. See the world changing at CeBIT 99. Owww.cebit.de Information Technology Discover everything you ever wonted Network Computing »o know about innovative technology' Automatic Data Copture o ,s Iwds and tailor-mode solutions .1 B M Simply book a ticket to CeBIT161 words
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Page 14 Advertisements
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Advertisement64 1999-02-22 14 f < Read all about in SHIPPING TIMES 23/2/99 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 Or MS Florence Nathan, Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-0464 words
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Advertisement33 1999-02-22 14 Group BT-OI CANNOT FIND IT AT YOUR FAVORITE BOOKSTORE Fax a copy of this ad and your business card to (62-21) 572 7329 or email: yirl@castleasia.com for table of contents and order form33 words
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Advertisement249 1999-02-22 14 Ife Schroders CHANGE OF ADDRESS We, Schroder International Merchant Bankers Limited, are pleased to advise that with effect from 1 March 1999, our new address is 65 Chulia Street #46-01, OCBC Centre Singapore *****3 Our telecommunication lines remain unchanged. Tuesdays The Property Column by Lee Han Shih THE BHSINSSS TIMES249 words
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Page 15 Advertisements
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Advertisement190 1999-02-22 15 "Don't Waste My Time" Is this how you feel? "I want to do business with a professional who has my business and personal interests in mind, not their own. They need to listen and understand my needs, and consider all my options. Presenting me with half-baked plans and expecting me190 words
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Page 16 Advertisements
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Advertisement93 1999-02-22 16 FORD MOTOR CREDIT COMPANY Floating Rat* Notts Due February 13, 2003 (Common Coda No.: *****03 ISIN No.: U*****97 RV79) (CUSIP No.: *****7 RV7) In accordance with the term* of the documents governing the above-refer-enced Notes, notice is hereby given that the Interest Rate per annum for the Interest Period commencing93 words
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Advertisement27 1999-02-22 16 C Didn't you knew? I read it in Cats' Mews.' j I l l,ri Minified this weekend, i r^T CATS. I Buy It. SeO h. Find It.27 words
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Page 19 Advertisements
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Advertisement32 1999-02-22 19 Classified First. Jji Looking for a holiday destination? < Or simply getting away from it all? JVPJF Top of your itinerary: **.ii Check Classified First. yJIi |CAT,SL Buy It. Sell It. Find h.32 words
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Page 20 Advertisements
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Advertisement175 1999-02-22 20 «I UTbHriocflo wc woonofittTtßm WW AW Shaky outlook for 9CT J the greenback j— The OSS new likely to weaken as Asian interest rates recede sharply Money Matters S' ?*r!?iSKw'!". I ST JJJ 'USikw MM MI XSmUmr 1 t TJ T I 1 'Si "f 4 Clix. '^t»y»« ««B*»SS m£T.*wm175 words
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Page 21 Advertisements
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Advertisement10 1999-02-22 21 HOCK LOCK SIEW Takes you behind the news TheßusinessTimes SINOAPORe10 words
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Advertisement8 1999-02-22 21 Wednesdays Asian View by Yang Razali Kassim TheßusinessTimes8 words
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Page 22 Advertisements
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Advertisement494 1999-02-22 22 NOTICES To advertise call toll tree 1800 741 1883 Fax No 741 1298 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF LKS HOLDINGS PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the above named Company494 words
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Advertisement236 1999-02-22 22 Do you need trading ideas that work? Call DBS investor Online at 438-1188 gj! )KSBANK HENDERSON DEVELOPMENT PTE LTD (In Members' Voluntary Windinf-Up) LIQUIDATORS'OFFICE IS Beach Road *03-10 Beach Centre Singapore *****7 NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Chapter SO,236 words
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Advertisement23 1999-02-22 22 Tuesdays The Property Column by Lee Han Shih THE TIMES world-claccti Use creative recruitment Ads to K|KK E"" enhance your corporate image. jgjyjg||g|s23 words
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Advertisement21 1999-02-22 22 HOCK LOCK SIEW Takes you behind the news TheßusinessTimes advertise your simply lax: 741 1198 •r Call tell-free: 1800 741 188321 words
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SHIPPING TIMES
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Article264 1999-02-22 23 Contributed by Simpson Spence Young THIS has proved to be an active week, carrying on from the increased activity in the previous report. Vessels sold for farther trading bulk carriers: Western Trader: 70,329 tdw bit 2/89 Sanoyas reported sold region US$B,lOO,OOO to clients of Cyprus Maritime. ♦Camarina: 64,643Contributed by Simpson Spence & Young - 264 words
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Article282 1999-02-22 23 SES 000 9 f m CWT Distribution 0.54 *0.015 28 Chuan Hup 0.62 urvch 153 Cosco Investment 0.48 Freight Link j 0.165 *0.005 510 CB MoWlnqs 0J7 *0.025 5 Hai Sun Hup 0.47 *0.01 117 IMC Holdings HK 5.60 Jaya Holdings 0.565 *0.01 36 Jurong Shipyard 6.65 *0.05282 words
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365 1999-02-22 23 Raling a blow for shippers, who fear move will result in higher rates Bloomberg [WASHINGTON] American maritime regulators agreed to let shipping lines continue to share rate information, dealing a blow to shippers who fear such cooperation could resultBloomberg - 365 words
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Article, Illustration314 1999-02-22 23 Reuters [COLOMBO] Two big shipping lines will bring new cargo to Colombo this year, but a senior official said day the bread-and-butter transhipment business would still decline further in 1999. Mohan Samarasekera, chairman of the Sri Lanka Ports Authority, said Taiwan's EvergreenReuters; FILE PHOTO - 314 words
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841 1999-02-22 23 David Hughes - UMERSCEME By. David Hughes THERE have, over the past couple of weeks, been two further indications of the way liner shipping is developing. There has been another large merger of carriers with AP Moller's acquisition of Safmarine's container business. Meanwhile, the new transatlantic841 words
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410 1999-02-22 23 Felix Chan - They have failed to maintain ship properly: court surveyors By. Felix Chan [SINGAPORE] A hard-hitting report from the Antwerp Court Nautical Commission has found that the 1997 fatal sinking of the Albion Two was due to the owner's failure to deal410 words
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SHIPPING NEWS
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Article, Illustration488 1999-02-22 24 David Hughes - It says hydrostatic balance loading on single-hull tankers can cnt pollution risk Rejwrts from David Hughes in London THE 10 main crude oil charterers could dramatically increase the protection of the environment from spills from single-hull tankers, according to a prominent independent Very Large488 words
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313 1999-02-22 24 SALVAGE teams will be reluctant to enter UK waters to deal with shipping casualties and pollution threats for fear of being prosecuted by the UK Environment Agency (EA) using the draconian Water Resources Act, according to a salvors' organisation. The International Salvage Union313 words
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PORT Shots
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Article107 1999-02-22 24 THE world's cellular containership fleet shrank by four ships and 4,822 TEU slots during January, according to UK-based Clarkson Research Studies. Although Clarkson points out that not too much should be read into the Figures, this is the first month in which the cellular fleet has107 words
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Article58 1999-02-22 24 UK officer's union Numast has said it is unhappy about proposals to make it easier for owners to employ non-UK officers on UK-flag vessels. A spokesmen said the union was concerned the proposals for new equivalent competency procedures could undermine efforts to increase the recruitment of58 words
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Article60 1999-02-22 24 INCREASING capacity and the sharply reduced demand due to the Asian economic crisis means there will be large-scale availability of Asian-produced cement in the international market, according to a new report from Ocean Shipping Consultants. This could lead to substantial quantities of Asian cement being60 words
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Article47 1999-02-22 24 Two Greek bulker shipping firms, connected with the Lygnos family, have had their vessels arrested around the world by mortgagee banks. At least 28 ships operated by Pronoia and Lygmar were believed to be either under arrest or heading for arrest last week.47 words
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Article66 1999-02-22 24 China Express International Transportation, a joint venture between international logistics group U-Freight and the Dalian Foreign Trade Department, has opened a new office in Qingdao, northern China. China Express is, initially, operating as a satellite of the U-Freight/China Express regional hub in Dalian, the Qingdao office66 words
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Article61 1999-02-22 24 Major UK-based shiprepair and conversion company Cammeli Laird has bought a long-closed drydock on the Tyne in its latest move to expand its now substantial presence in England's north-east. The purchase of the former Hawthorn Leslie yard gives the Merseyside-based firm, which also operates Gibraltar's61 words
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Article59 1999-02-22 24 THE International Underwriting Association of London (lUA) has announced that its marine technical and underwriting executive committee, is to be chaired by Nigel Jenkins, former ILU (Institute of London Underwriters) chairman. The lUA was formed at the end of last year with the merger of the ILU59 words
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Article350 1999-02-22 24 PACE Express T L 14 ANL 3 FoongSun 8 0 Accord 8 Frota 13 Ahrenkiel 14 8 Frt Links 14 Appenship 5 6 nl1 4 Austral 8 Gemartrans 8 Avant 14 Genshpg 14 B'tanq Mas 8 Glory *av M BSA 7 HaiSunHup 8 BTl 14 Hanqli Balaji350 words
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Article19679 1999-02-22 31 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT sr <%. A rr sr sz rr sr .sr. *rr sr sr 'sr To ABIDJAN (ABJ) 2003 Cot« D'lvolr. J°„ JJS"S? V S """IvUS S?° s *TJS2l? 03/03 12/04 ZIM/Seth ZIM SINGAPORE I 2W 65-*****12 0 3/03 29/03 NYk CSAV HONG KONG 001S M 04/0319,679 words
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SHIPS IN PORT
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Article452 1999-02-22 37 Vessel Voy No Berth Arrival Departure Jurong Port Gangqanaqara 9a J23 alongside 24.02/1200 Mint Express 0299 J06 alonqside 22.02/0700 J? ovl 61/99 J17 alonqside 22.02/1500 Scaneaqle 153E J15 alonqside 21.02/1300 Swan Arrow 167 J15 alonqside 21.02/1400 Amethyst A9902b J05 22.02/0730 22.02/2300 Arete *****9 J16 21.02/1900 23.02/1600 Blissful R452 words
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Article1902 1999-02-22 37 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booking/Bounce Rstls Ship Voy No Etb/Btr Period From From 4<«u 115 24/1200 U 21/1500 21/1659 2VN00 24 21/1700 22/0659 22/0900 21 21/1700 22/0659 22/0900 3 22/0700 22/1159 22/1400 4 22/1200 22/1459 22/1700 J* 4 425 22/1200 14 21/1500 21/1659 21/19001,902 words
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Article214 1999-02-22 37 Mar 1 South Korea: Independence Movement Day. Mar 8 China: Women's Day half day. Mar 17 Ireland Republic of: St Patrick's Day. United Kingdom: St Patrick's Day. Mar 22 Japan: Vernal Equinox Day. Mar 25 Greece: Independence Day. Mar 28 Brunei: Hari Raya Haji. Indonesia:Hari Raya Haji. Malaysia:214 words
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Article801 1999-02-22 37 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 mar ket. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change801 words
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Article544 1999-02-22 37 F.k A 4 ,r^ n 180 Mai 994.8 1.0 18.8 0.09 127 0.05 e 4 Oenslty Water Residue Ash Aluminium Sediment No above E25 2 0 16 0 2 0 380 Ave 986.7 0.3 14.7 0.06 30 0.02 rr;,,, "y i NVMUCUMI SmtM Si 1 ao544 words
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AIR & LAND TRANSPORT NEWS
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412 1999-02-22 38 Thorny issues remain access to Heathrow and access to the huge US domestic market Reuters [LONDON] British and US government officials have failed to reach agreement at a fresh round of aviation trade talks in London, British government sources said.Reuters - 412 words
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335 1999-02-22 38 AFP [NEW DELHI] The Indian government has sacked six top air traffic controller leaders for disrupting domestic and international passenger flights. Civil Aviation Minister Ananth Kumar said Brijendra Shekhar, the general secretary of India's ATCs' Guild, was among the six summarily dismissed. "NobodyAFP - 335 words
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Article, Illustration462 1999-02-22 38 AFP {SYDNEY] Australia airlines expressed strong opposition Sunday to proposals for a major shift in government policy that would allow foreign airlines to compete against the national carriers. Qantas Airways chief executive James Strong described parts of the productivity commission plan as "an absurdity"AFP - 462 words
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Article, Illustration226 1999-02-22 38 Reuters [NEW DELHI] State-run Indian Airlines is looking at buying 10 to 15 100-seater aircraft as part of a fleet replacement plan, a spokesman for the airline said. "We are doing the technoeconomic evaluation for future fleet renewal programme. At least, 10 to 15Reuters - 226 words
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LOG Book
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71 1999-02-22 38 Reuters [LONDON] European low-cost airline Debonair is considering moving its listing from the European stock exchange Easdaq to London in a bid to improve share liquidity, the Financial Times reported. Debonair, based at Luton airport near London, was quoted as saying Easdaq was "too illiquid"Reuters - 71 words
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96 1999-02-22 38 AFX-Asia [MANILA] The government said it will push ahead with the planned US$5OO million (SsB4o million) new terminal project at the Ninoy Aquino International Airport. The project has been put on hold by the previous administration for almost two years. President Joseph Estrada hasAFX-Asia - 96 words
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51 1999-02-22 38 Reuters [STOCKHOLM] Volvo Truck Corp, a unit of Swedish vehicle maker AB Volvo, said it will start assembling trucks in Moscow during the spring of 1999. Volvo also said there were plans for further expansion of the assembly operation later this year in Russia.Reuters - 51 words
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337 1999-02-22 38 AFX-Asia [PHILADELPHIA] A US jury ordered DaimlerChrysler AG to pay nearly US$6O million (Ssloo.B million) in damages in an air bag class action suit. "As far as I am aware, the verdict is the largest in an air bag case andAFX-Asia - 337 words
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Article1899 1999-02-22 38 car maw ro nan cto BA7306 imo $***** 2359 Adelaide BA7381 1930 BA7382 2050 U40 0F81 1930 Of82 2050 Fukuota S0989 1730 $0990 0115 Amsterdam S0343 0745 S024 2320 GMapftoaPK CZ353 203S CA973 1005 *1838 2335 Hanoi **741 1310 VN742 0905 *1837 1535 50,75 W35 S01761,899 words
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Page 23 Advertisements
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Advertisement20 1999-02-22 23 Stena Bulk challenges crude oil charterers It says hydrostatic balance loading on single-hull tankers can cut pollution risk. Page 220 words
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Advertisement254 1999-02-22 23 New round of US-UK air talks fails to reach deal Thorny issues remain access to Heathrow and access to the huge US domestic market. Back Page ifyou in?yp/ry r j operate, build fj or supply to: ViqV yy i Patrol Boats Rescue Boats Pilot Boats Fishing Boats you cant Offshore254 words
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Page 24 Advertisements
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Advertisement1245 1999-02-22 24 I NORTH AMERICA I 1 EXPORT 1 I OTHER DESTINATIONS I SSX SUPER SHUTTLEEXPRESS DIRECT TO LA II WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) vtssa vor eta sat etdsm igo dm hou oocSt rkxkooyy vtssa vot |"ST| n.ourm| acajutla san lorenzo co—no pt mam rubiavbetura sauna qtuT~ 000. JAPAN1,245 words
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Advertisement689 1999-02-22 24 For Special Equipment Service: i Intertransport} International Limited Page 5 J EXPORT 3 Japan •2 Hongkong -1 x Manila -1 x Kaoshiung, Kecking (Accepting FCI to BKK/NAHA/SENDAI/CEBU/ICH) vtssa VOY wa PEN jkt pqu sin] pki mml hkg kel khh qsa TTO YOK SMI NOP UKB ta RAffIBIA 0201 17.07 11.07689 words
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Advertisement115 1999-02-22 24 Lines services represented -I@l by Members of the Registry of wm Singapore Freight Forwarders Accredited Shipping Agents vBSBf Association 2/ Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTU (MONTHLY SERVICE) MV "TBN" ETA SIN 25/02/99 BOOKINGS CALL MONKA/AI UNO TEL 323 4374 MACOLINE Accepting115 words
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Advertisement1180 1999-02-22 25 TO EUROPE FROM EUROPE WSStt VOV SIN RTM ANR HAM WV SOU FXT LEH VtSSfl VOT RTM ANR HAM BRV SOU FXT LiH SIN THAMJS SS3W 18/02 13/03 10/03 11/03 03/03 NOLCYPR* 009E 21/01 30/01 02/0? 27/01 20/02 MOStl 525W 20/02 07/03 09/03 12/03 13/03 NOl KXITE 0111 31/01 02/021,180 words
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Advertisement2037 1999-02-22 25 OHANJIN SHIPPING iikF I 6 Ms tutyfi lo» Salts *****30 HANJIN SHIPPING (S) PT! LTD Imp <m IQOtIUG *****3S 237 SAIK 32*0724 231 OOCUMCMT *****71 274 OPfUTKHR *****50 251 MAJN UNf *****55 FAX *****60 (I HO **********0 M TO NW USA CANADA I USA CANADA* "roTvsTTvoY bam sm unehaul/voy stT~|2,037 words
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Advertisement520 1999-02-22 25 VESSEL VOT SIN PUG VOY SIN HKG K£L USM PUS KSMi ML Sl *G VESSEL VOL J!!L i" IfSSSS Sg""" iSI gg" I "sif HYUNOAI SPIINTtR 020S 21/02 OS/P3 07/03 09/03 10/03 HMTf UttlilNfi 904S 14/03 ***** KMTC ULSAN 903S ***** 14/03 KMTCHONGCONG 903S 70/02 07/03 903H 03/03 07/03 09/03520 words
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Advertisement1408 1999-02-22 26 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA VtSttl VOY SIM LEW RTW AMB HAM ||«V |FU VtSSfL IvOT SW GIT SPf I FOS I ¥IC MTR HANJIN KEELUNG WO9lO 21 02 15 03 ij 03 13 03 14 03 10.03 IBN ZAIOOUN WMIII »02 14 03 10 03 10 03 Ptt1,408 words
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Advertisement830 1999-02-22 26 BIAIMAC-NELS S'PORE M'SIA Carrion MN CONTR LINES, INC p. guoang. {od *****26 l"J V/ Vzj 1,MI7 «OOOOI SIBU: (084) ****** MANILA (632) *****24 SSSBSSK HAIPHONG SURABAYA MV ''VAN XUAN" MV "KOTA SURIA" VOY: E5059 VOY: SUR467 I ETA SIN: 27-2-99 ETA S,N: 26-2-99 S PENANG/PORT KLANG MANILA I MV "WANA830 words
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Advertisement562 1999-02-22 26 LINE wii a«»34S* faxx assail a MUARA LABUAN vßsa vor no eta vessel vor no eta SPOKE MUAftA SPOt! UN CAAAKA JK332 VO4E/99 74/02 27/02 STRA/TS HOft VO4E/W 26/02 02/03 STMnS HOff VO4I/99 26/02 01/03 UIUM JN332 VOSI/W OS/03 04/03 SSEJS? K. KINABALU KUCHING vessel vor mi ra vessel vor562 words
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Page 27 Advertisements
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Advertisement1338 1999-02-22 27 VESSEL VOY SIN PKG PEN PQB PUB DAM SHJ BA 1 BIK I IRAN BAKERI PJLI336 22/02 03/03 04/03 06/03 07/03 09/03 IRAN SATTARI PJLI334 01/03 10/03 11/03 12/03 14/03 16/03 IRAN BABAEI PJLI333 06/03 17/03 18/03 19/03 21/03 23/03 IRANTAKHTI PJLI337 16/03 24/03 26/03 26/03 26/03 30/03 IRAN LORESTAN1,338 words
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Advertisement1833 1999-02-22 27 JIa«FaI»VO«I3W(EIASIN 1 J Fib ft). Can* USA EhKhil I All-Water tarvka will call at I JUrfalJyMrt^astM^lßaltlaiarajJ I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL: 226 1900 FAX: *****08 OUTWARD (l/ST"^ COSTAR SHIPPING PTE LTD #17-08 DRSRIDG SAIES/RKGS 4205«57/M INWARD KPT (D/O> *****85 COSTAR AGENCIES (M) SDN BHD TWO (OWW) CONVENTIONAL1,833 words
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Advertisement635 1999-02-22 27 EASTERN CAR LINER, LTD. |EJ Eg. (SINGAPORE) PTI LID ir SPEQAUZE IN RORO M. HEAVY LIFT UPTO 450 TONS ECL (SIM6APOIE) fTC tJD LOAD NG FOR INCHON/ OSAKA CHITTAGONG/CALCUTTA/CHENNAI/MUMBAJ MV "OCEAN BRAVE" V.13 MV "BRISA A2UL" V.IB ETA SIN 20/02/99 ETA INCHON 28/02/99 ETA SIN 22/02/99 ETA CTG 27/02/99 ETA635 words
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Page 28 Advertisements
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Advertisement1491 1999-02-22 28 EUROPE/UK/SCANOIIMVtA/FINLAND/nUSSIA SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP I Sr! c l R l M i W2.1 19 {5 2MB 20/03 22/03 23/03 24/03 E R,GHT RE <87 2«/01 30/01 29/01 31/01 02/02 25/02 26/02 f 2r)fc!£ „5, 26/03 31/03 27/03 29/03 30/031,491 words
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Advertisement852 1999-02-22 28 PACIFIC INTERNATIONAL LINES (PTE) LTD A .gaaaaSß WT Cecil street #03-00 PIL Building. Singapore *****0. CRNO **********0E I |l"sm WI STP wa m a* 031 70,7 77/7 _JJI k/l 10/3 14/3 20/3 22/3 I WWQATIMTAI2 23/2 I 24/2 7/3 lri/3 H/l 1 M M'/|~ -WT I lOTA fttWWA rWtWS 21/2852 words
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Advertisement642 1999-02-22 28 Pl* NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VOY SIN PUI DUB JNI CTT RCI GOLDEN DRAGON V.OIOS 03/03 1 2/03 lt/03 19/03 ~20/03 NANTAI QUKN VO33S 13/03 72/03 24/03 *****~ ~027M~ NANTAI DRAGON VOI7S 23/03 02/04 06/04 "w/oT 10/04 NANTAI VENUS VO33S 03/04 12/04 16/04 11/04642 words
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Page 29 Advertisements
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Advertisement460 1999-02-22 29 ■> MYANMA pHk FIVE STAR LINE (Myamnar Notional Lino) Loading for Yangon (Rangoon) v «su vor sin p*i km pcu HPA-AN 256 V* SU) mong-u 2iw su MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL HI (03)*****00 PKL m (03) 376*101 POt m (04)2****** PGU: HI (07)*****21/4 BANK LINE (A strvict of460 words
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Advertisement1306 1999-02-22 29 HMI HYUNDAI MERCHANT MARINE CO., LTD. IVtSSB VOY ISI SOU I IW RTM I AWT HAW I—V I TO. I IVBSa VOTI SOU UH RTM AWT HAW MV ""k[~ "3" J**™ ®Ji2 22/02 ,0/ °3 11/03 13/03 16/03 NOHOUTI 0111 05/02 06/02 31/01 02/02 ~n/W Jif" 25/02 15/03 20/03 17/031,306 words
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Advertisement1087 1999-02-22 29 1 norwmgon spgcoized outtomm (tto)§(o}Q Wilhelmsen Lines TO NORTH AND LATIN AMERia "RORO HEAVYUFT SERVICE" [VESSEL VOY RAMP HEIGHT Ml LAX CRt MIA SAV BAL Off NYC NEW MOO IfXAS F905 400 Tom 6.3 M 26/02 25/03 03/04 04/04 M/ 04 10/04 11/04 12/04 17/04 11/04 TO«A 400 Tom 6.31,087 words
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Page 30 Advertisements
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Advertisement2258 1999-02-22 30 BANOKOK/MAP TA PHUT/LAEM CHABANQ JAKARTA/PAN J A NO VESSEL VQY SIN BKK MTP LCH VESSEL VOY SIN JKT [~~PJN CHANA BHUM" 58N In Pt 26/02 ACX JADE> 42S ~iiTpt 25/02 DANU BHUM 30N 23/02 27/02 26/02 VIRA BHUM 249S In Pt 26/02 25/02 KOTA RATNA RNAO93 24/02 27/02 ANRO GOWA'2,258 words
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Advertisement36 1999-02-22 30 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 MU^ARA I Also accepting Heavy Lift Project Cargo Tel: 65-276 7996 Fax: 65-276 374036 words
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Page 31 Advertisements
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Advertisement52 1999-02-22 31 STqjfl Dial 740-6000 —(Retrieve more schedules!) Press "1" I CT JC\ Select the port and key in I the four digit code —eg: To New York (NYQ 2275 Key in your fax number I I STMbyEnter your phone number 0 Another Innovative servke offered by The document Will be I52 words
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Page 33 Advertisements
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Advertisement54 1999-02-22 33 STE nJ Dial 74 6000 on demand! —mU (Retrieve more schedules!) Press "1" £p\ Select the port and key in TfcJ the four digit code —eg: To New York (NYC) 2275 Key in your fax number I your phone number Another innovative service offered by The document will be SHIPPING54 words
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Page 34 Advertisements
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Advertisement153 1999-02-22 34 r wmnmsmm free Rpddpr Enquiry Sprvicp cut out and Fax to: 65******29 ManiMMlftfilMlßM Need HELP or INFORMATION on the following? (please tick relevant boxes) f 1 SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times153 words
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Page 35 Advertisements
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Advertisement912 1999-02-22 35 SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LINE: 535 6266 Celia/Jessica/Mei Chan/Jeslynn/Oora/Hanim EQZSI3H3S&H f slgs/week 2 slg/week I VESSEL TVOY r~SIN [~JAK [VESSEL jVOY SIN [PLB912 words
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Advertisement1217 1999-02-22 35 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO m *T syo m Icm w m nyi w sav WW tam HOU HOtGH DTKt /06S0 U/03 23/03 21/02 07/03 24/03 21/03 05/04 00/04 04/05 09/0S 10/05 13/05 17/ OS tt/OS 24/05 HQtW MBDtt /MM MIZL W/M It/0? 21/0? 11/04 li/M _23ZM_1,217 words
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Advertisement107 1999-02-22 35 SHIPPING* WAREHOUSING Batom Singapore I xjading Daily Mon to Sal (BATAMINDO (/III) Accepung KTX?onventional/Project/Heavy Lift Cargo Reefer Container Binton: Singapore Loetfcng Mon. Wed &Hn (BATAMINDO If) Accepting HClX'onventional/Pnjjecl Heavy Lift Cargo T«t 227 0322 Fax: 222 9330 Batamimlo Shipping Warehousing Pte ltd Jk K«rH »—i U+m, ff. C—fit. *03-51 0990*4107 words
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Advertisement743 1999-02-22 35 Singapore Soviet Shipping CPL a No *****4M000H k\\l Multiline Shipping PL BJ3 J (Wholy Owned Subudary) a No **********0 C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO29 28/02 06/03 19/03 KOTARATU RTUO37 07/03 15/03 25/03 PERAK 126N 14/03 22/03 04/04 [VESSEL VOY SIN CALCUTTA SIN HARIBHUM 09SV 27-28/02743 words
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Page 36 Advertisements
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Advertisement636 1999-02-22 36 I "vessel voy sin maasin^l TIGER BAY 686N 23 24,02 01 04/03 09-10/03 I TIGER ISLAND 687N 2fr27<02 04 0703 12 13/03 I TIGER PEARL 688N 02 03/03 08 11/03 I TIGER SEA 689N 05 0&03 11 14/03 19 20/03 I TIGER BAY 690N 09 10/03 15-19/03 23-24/03 I TIGER636 words
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Advertisement1068 1999-02-22 36 JV FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE ALEXANDRIA (ALY) BUENOS AIRES (BUE) CEBU (CEB) ISTANBUL (IST) IZMIR (IZM) LAEM CHABANG (LCB) MALTA (MLA) PASIR GUDANG (PGU) SAN ANTONIA (STN) SANTOS (SSZ) PLIASS CALL OUR TOLL Mil LINI Overseas Offices Hongkong *****113 flms@asiaonline.net1,068 words
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Advertisement27 1999-02-22 36 CONVENTIONAL-SERVICE VESSEL ETA ETD DESTINATION CHAHAYA VICTORY 22/02 23/02 JAKARTA SURABAYA SOUTHERN QUEEN 24/02 2&02 BANGKOK SEA SHINE 26/02 28/02 PANGKAI BALAV CHAHAYA STAR 28/02 02/03 PALEMBANG'PONTIANAK27 words
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Advertisement1146 1999-02-22 36 OOCL (Sinqopore) Pte Ltd CFS Kppp»l 79 Anson Rood #21-04 (SJ *****4 Mk Sl3 #01-128 CI NO U*****0000H T«fc 272 7827 For bookmg X^B lofc *****13 Fox 221 3942 F.i: 272 7825 m Orient Overseas Container Line enquiry (Malaysia) Sdn Bhd (Rag No: *****2-u) CQ jf >>. PETALING JAYA Tot1,146 words
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Advertisement199 1999-02-22 36 FULL CONTAINER SERVICE SIN PASIR GUDANG SIN DAILY SAILINGS [VESSEL I VOY I ETA PG I DAY I VOY |ETA Sti DAY I [PROGRESS I 9944S 25/02/99 (TOUR) 1 9944N 26/02/99 (FW) WH I 0016S 126/02/ M I (#R|) I 66i«h I V/b&M Accepting UC cargo Reefer Containar (SOC) (COO199 words
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Page 37 Miscellaneous
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Miscellaneous130 1999-02-22 37 LEGEND R Thunderstorm Temperature y^S, V Shower Weather Wind direction with speed m knots Ram Cloudy Sky Wave height Surface winds are indicated by arrows which fly with the wind One full circle represents colm or Ugh, and variable winds One hart Heche represents 5 knots I— One fu« Heche130 words
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Page 38 Advertisements
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Advertisement98 1999-02-22 38 AN ALL HEW PLACE TO ANCHOR YOUR WAREHOUSING WORRIES. CoNWME ets up an unique I Custom-Bonded Warehouse near JN Port, Navi Mumbai. This custom Bonded Warehouse set up in Conware's Multilevel, State-of-the-art Container Freight Station at Dronagiri Node, near JN Port, Navi Mumbai, is the largest of its kind. The98 words
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