The Business Times, 24 February 1999

Microfilm: NL21382
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/98 85 SINGAPORE 7n/ernerJiTTp.//buslTTess-times.asial.com.sg/ WEDNESDAY, FEBRUARY 24, 1999
    13 words
  • Article
    MARKET SUMMARY
    62 1 DMML43(+O.2S) BT-SEI 562J8 (+0.80) □susci futures aoioo (+1.20) BMAKKET MOOD: Mixed STOCK MARKET INDICES Tuesday Change KLSE COMP 562.79 +0.18 NIKKEI 14,***** +243J>8 HANOSENO 9,433.99 >204.65 SET INDEX 333.71 -0.81 JAKARTA COMP _197 .94 0.73 MANILA COMP _1,96&70 +19.01 TAIPEI WP! 6,180.94 -132.69 SEOUL COMP ***** -6.61 CLSA
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  • Article
    FINANCE
    86 1 POKES SATES trss ss USS 1.720 £(US$/S$ per 1.626 2.794 EURO(US&/S$ per E) 1.106 1.9P1 DM 1.769 0572 YEN 126J 1.429 RM 1800 0.463 HKI 7.749 0522 BAHT 3750 0.046 RUPIAH 8,866 0.019 'St to let units FUME BATES SINGAPORE* 5825 KUALA LUMPUR 11.50 JAKARTA J8.9Q BANGKOK 14 75
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  • Article
    Japan to slash costs in new industry blueprint
    1264 1  -  It also hopes to free labour markets, shift resources to high productivity areas From. Anthony Rowley in Tokyo A HIGH-LEVEL official task force under Japanese Prime Minister Keizo Obuchi will next month publish a blueprint for a radical new national industrial policy.
    1,264 words
  • Article
    M'sian banks will need much more than RM60b: Moody's
    581 1  -  Some analysts take issue with agency's bleak assessment From Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S banks will require much more than the 60 billion Malaysian ringgit (Ss27 billion) in fresh funds estimated by the government, Moody's Investors Service said yesterday.
    581 words
  • Article
    A chance to tee off at St Andrews
    335 1  -  That's one item on auction at fnnds awards ceremony By Ven Sreenivasan [SINGAPORE] Fund managers will get a chance today to bid for a golfing trip of a lifetime teeing off from that most sacred of courses, St Andrews in Scotland. This
    335 words
  • Article
    Lock icon Fed ready to act fast on rates either way: Greenspan
    821 1 Economy performing well bnt stretched in some areas, he says Reuters Bloomberg [WASHINGTON] The US economy is performing admirably but the Federal Reserve stands ready to quickly move interest rates either way if needed to safeguard the expansion, Fed chairman
    Reuters; Bloomberg  -  821 words
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      145 1 HaIDE 45 hanks to ctoe Indonesia's overhaul of the banking sector, in which as many as 45 banks may be shut down, will cost billions of dollars and have ripple effects on the economy, banking analysts said, Pg 7 Euro ptsor Could the brand new European currency be the next
      145 words
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      10 1 NVESTMENT FUND AWARDS '98 Don't miss BT's special focus tomorrow
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      214 1 Ajfrnuar names his assailant Question: Dirt you ask anyone Anwar Ibrahim: After the second day when i was a bit more conscious police personnel came to me. very emotional, some cned. some apologised They mentioned the name Tan Sr» Rah:m Noor Full report Pcj b :Ji fSfe- m m with
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  • SINGAPORE AT HOME & ABROAD
    • Article
      New life insurance business takes a 37% dive to $499m
      527 2  -  Big rise in policies being forfeited or surrendered in economic slump By\ Soh Tiang Keng SINGAPORE'S economic downturn has taken its toll on the life insurance industry. Last year, premium income for life insurance policies fell sharply, and forfeiture and
      527 words
    • Article
      Lock icon No complex derivatives, MAS tells insurance funds
      162 2 Reuters THE Monetary Authority of Singapore (MAS) has barred insurance funds from using complex derivatives, Television Corporation of Singapore reported yesterday. The report said the new ruling does not apply to lifeinvestment linked business and shareholders' funds. MAS said in a notice to
      Reuters  -  162 words
    • Article
      S'pore, Myanmar sign training deals
      106 2 THE Third Singapore-Myan-mar Joint Ministerial Working Committee (JMWC) has endorsed a series of new initiatives. These provide for training in fishery, orchid breeding technology and production, tourism marketing, satellite communications and trade and economic programmes. The committee said yesterday that Singapore and Myanmar also signed
      106 words
    • Article
      Summerdale EC to be relaunched at $350 psf, down 15%
      348 2  -  New pricing means $20m loss for developers; analysts By Ang Wan May THE 432-unit Summerdale executive condominium in Jurong West is expected to be relaunched at about $350 per sq ft this weekend, a price likely to add downward pressure
      348 words
    • Article, Illustration
      Lock icon Australia doesn't want to see Balkanisation of Indonesia
      673 2  -  SINGAPORE-AUSTRALIA —MiwiimAT. TALKS Best option for East Timor is to be part of Indonesia: Downer Reports by Yang Razali Kassim AUSTRALIA does not want to see a Balkan-like disintegration of Indonesia triggered by Jakarta's decision to ease control over East Timor. While
      AFP  -  673 words
    • Article
      Paya Ubi to launch 32 more units
      246 2 THE developer of Paya Übi Industrial Park has decided to sell 32 more units in March after finding good response for its smaller units since an October launch. Paya Übi Industrial Park Pte Ltd had intended to keep the additional units for long-term
      246 words
    • Article, Illustration
      Lock icon Jan CPI falls for 8th-mth, by 0.5%
      288 2  -  EYE ON THE ECONOMY Inflation By] Eugene Low CONSUMER prices continued to slide for the eighth consecutive month in January, according to figures released yesterday by the Department of Statistics (DOS). The Consumer Price Index (CPI) fell 0.5 per cent year-on-year last month.
      Source: Dept of Statistics  -  288 words
    • Article
      BG Yeo urges SMEs to invest in e-commerce capabilities
      436 2  -  Those who are slow to plug in risk losing MNC business By, Annette Pau PROMISING local small-to-medium-sized enterprises should consider investing in electronic commerce capabilities according to their needs, to leverage on its benefits for their operations, said Minister of Information
      436 words
    • Article
      Resolve FPDA differences, Canberra urges
      582 2 AUSTRALIA yesterday called on Malaysia and Singapore to quickly resolve their differences over the Five Power Defence Arrangements (FPDA), a defence pact started in 1971. Visiting Defence Minister John Moore, who made this plea, said Canberra was "disappointed" that the programme of multilateral exercises planned
      582 words
    • Article
      Chartered, Motorola sign chip technology deal
      577 3  -  Move may kick-start its wafer fab joint venture with HP By, Jennifer Lien CHARTERED Semiconductor Manufacturing yesterday announced a chipmaking technology licensing agreement with chip giant Motorola Inc, a move which could kickstart its "empty shell" wafer fab joint venture with Hew-lett-Packard Co. Chartered
      577 words
    • Article, Illustration
      Lock icon Making that vital leap to a knowledge-based economy
      810 3  -  Among suggestions: get foreign talent to join local firms; foster creativity at home By. Anna Teo With Budget Day just round the corner on Friday, two business people add their say on what is needed to support Singapore's leap to a knowledge-based
      FILE PHOTO  -  810 words
    • Article
      S'pore gold demand depressed by job worries
      457 3  -  By\ Siow Li Sen WORRIES about job losses continue to dampen demand for gold in Singapore, in contrast to some of the other countries in the region where demand has begun to pick up. "People are holding back spending because of worries about
      457 words
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      511 3 v* > O V*'. JPM*' Curved i i 2<fc P- a v\\ l k\ y 1 \U A k v 1k jL iw *4 *V\ %*s' v v V .p\. v \V- Jet® v >v i i v» V J- Wte < > V rtr i?v UsCKec I'i v cuts
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon The euro's suddenly looking weak
      1271 4  -  Market players see it heading towards a one-to one-Daritv against TTSS By Larry Wee Talk about nasty surprises. Over the Chinese New Year period, the currency market picture changed bigtime, led once again by events in Japan. And by yesterday afternoon, the US dollar was
      Source: HypoVereinsbank  -  1,271 words
    • Article
      Expect delays and dilution in TTiai legal reform bills
      778 4  -  Going by passage of bankruptcy court law, compromise seems mandatory By' Thitinan Pongsudhirak The writer is from the London School of Economics and contributed this article for IDEA's daily client faxes. [LONDON] Despite the recent passage of one of Thailand's 11
      778 words
    • Article
      THE WEEK AHEAD
      391 4  -  Compiled by Larry Wee United States: Today: US Fed chairman Alan Greenspan ends his semiannual. two-day Humphrey Hawkins testimony to the House and Senate banking committees on the US economy and interest rates. Most analysts feel that the current weakness of the world economy (excluding the US)
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  • REGION
    • Article, Illustration
      Lock icon Anwar: Some cops told me IGP did it
      803 5 KUALA LUMPUR He details assault, says he recognised sound of then police chief clearing throat Reuters, AFP MALAYSIA'S sacked finance minister Anwar Ibrahim said yesterday that police personnel told him he was assaulted by the then chief of police after he was
      Reuters,; AFP  -  803 words
    • Article
      Lock icon Sabah polls to be held on March 12-13
      206 5 KOTA KINABALU National Front likely to face uphill battle in retaining control AFP MALAYSIAN authorities yesterday set March 12 and 13 as the election dates for the state of Sabah. The dates were announced by election commission chairman Harun Din, who also
      AFP  -  206 words
    • Article
      Indon forces fire on armed rioters in Ambon
      558 5  -  Abri losing grip on maintaining order, says military officer FYom Shoeb Kagda in Jakarta INDONESIAN security forces opened fire on armed rioters yesterday as clashes again erupted in the country's strife-torn Ambon island even as a high ranking military officer told a
      558 words
    • Article
      Lock icon Tapped Habibie phone chat may be genuine: advisory panel
      421 5 JAKARTA AFP, Reuters A TAPPED and potentiallydamning phone conversation between President B J Habibie and his attorney-general may be authentic, the head of Indonesia's Supreme Advisory Council was quoted as saying in reports yesterday. "Habibie has admitted that he frequently spoke
      AFP,; Reuters  -  421 words
    • Article
      Lock icon China row threatens HK rating: S&P
      181 5 HONGKONG Immigration dispute pats HE autonomy at risk, says agency Bloomberg A CONSTITUTIONAL dispute between Hongkong and China about whether main-land-born children can live in the city may threaten Hongkong's autonomy and its credit rating, Standard Poor's Corp said yesterday. Hongkong's Court of Appeals
      Bloomberg  -  181 words
    • Article, Illustration
      Uncertainties still cloud FPDA
      650 5  -  ASIAM VIEW The fate of Joint defence exercises still In limbo, Judging from Aussie remarks Yang Razali Kassim THE just-concluded second meeting of the Singapore-Australia joint ministerial committee dwelled not just on the regional financial crisis but also on the political and security fallout. This was
      650 words
    • Article
      Petronas spearheads push for US$5b in petrochem projects
      502 8  -  Foreign investors expected to contribute half of funds needed From Ruth Wong rn Kuala Lumpur MALAYSIA'S petrochemicals industry is to receive a US$5 billion (SsB.6 billion) boost, with national oil corporation Petroliam Nasional (Petronas) spearheading the push with foreign partners. Petronas officials
      502 words
    • Article
      Lock icon One Nation's elected MPs shrink to 5
      186 8 SYDNEY Reuters AUSTRALIA'S One Nation party disintegrated further yesterday with one member of Parliament resigning and another sacked, reducing One Nation elected MPs to five from an original 11 and risking its parliamentary party status. In early February, three Queensland state One Nation
      Reuters  -  186 words
    • Article
      Lock icon Guangzhou Finance may not fold after all
      299 8 HONGKONG Creditors prepared to mull debt restructure plan Reuters CREDITORS of Guangzhou Finance Co Ltd said yesterday they were willing to consider a debt restructuring proposal, even though they had already filed a petition with Hongkong courts to wind up the company. "It's
      Reuters  -  299 words
    • Article, Illustration
      Lock icon HK to introduce mobile number portability
      306 8 HONGKONG Bloomberg Hongkong for the first time unveiled details of a plan that will make the city the world's third place where mobilephone users can take their phone numbers along when switching service providers. Starting March 1, customers will be allowed to keep their
      Bloomberg; REUTERS  -  306 words
    • Article
      Lock icon Indian PM threatens to quit over Bihar govt
      232 8 NEW DELHI He wants coalition allies to back move to sack state govt AFP INDIAN Prime Minister Atal Behari Vajpayee threatened to resign yesterday unless his coalition allies backed a resolution to sack the state government of Bihar, alliance sources said. Mr
      AFP  -  232 words
    • NOTE Book
      • Article
        Lock icon Philippine Q1 GDP growth seen at 2%
        62 8 AFP [MANILA] The Philippines' gross domestic product (GDP) is forecast to grow at 2 per cent in the three months to March, the chief economist of Bankers' Association of the Philippines, said yesterday. Johnny Noe Ravalo cited an expected better performance in the
        AFP  -  62 words
      • Article
        Lock icon 3 men jailed for blackmailing SHK boss
        84 8 AFP (HONGKONG] Three men were sentenced to three years and four months in jail each for trying to blackmail property tycoon Walter Kwok Ping-sheung, chairman of Sun Hung Kai Properties, out of HK$l5 million (553.3 million), reports said yesterday. Judge Esther Toh Ley-ing
        AFP  -  84 words
      • Article
        Lock icon Hutomo may face graft charges: daily
        64 8 AFP [JAKARTA] Indonesian authorities are preparing graft charges against three people including the youngest son of former president Suharto over a swap of state land for a private supermarket, the Suara Pembaruan evening daily said yesterday. The three were Mr Suharto's son Hutomo Mandala
        AFP  -  64 words
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      70 6 j Are your purchasing costs larger than you think 1 m \Thc New DBS MasterCard Purchasing Car<.l V a i H Ptiiirgs and reporting options Alreadv this purchasing system has helped corporations save substantia! costs. Proof thai <; s snail to Keep things simpie. Cat! DBS Card pontic, Corporate Cards,
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Indon bank reform costly, will hit economy: analysts
      815 7  -  Govt may have to print money, fuelling inflation, keeping rates high, they say bYom Shoeb Kagda in Jakarta INDONESIA'S overhaul of the banking sector in which as many as 45 banks may be shut down will cost billions of dollars and have
      815 words
    • Article, Illustration
      Lock icon Beijing again affirms it will not devalue the yuan: Summers
      423 7 Currency nnlikely to badge this year, says Chinese official Reuters, AFP [BEIJING] Chinese Premier Zhu Rongji affirmed yesterday that Beijing will not devalue its yuan, visiting US Deputy Treasury Secretary Lawrence Summers said. "The premier affirmed China's longstanding nondevaluation policy,"
      Reuters,; AFP; REUTERS  -  423 words
    • Article, Illustration
      Lock icon Yen recovers some ground to 120.5
      222 7  -  Larry Wee {SINGAPORE) A weak bond auction and profit-taking allowed the Japanese yen to recover all of its Monday losses against the greenback at one point yesterday. But some said the correction merely provided an opportunity to load up on more US dollars. Traders
      Source: Bridge  -  222 words
    • Article
      Lock icon HK's Jan CPI down 0.9%, worse deflation expected
      321 7 Reuters [HONGKONG] Hongkong's consumer prices fell for the fourth straight month in January on a year-on-year basis and economists said they saw deflation worsening in coming months. Consumer price index (A), the territory's broadest measure of inflation, fell 0.9 per cent in
      Reuters  -  321 words
    • Article
      Lock icon Ginandjar sees yen-based Asian currency evolving
      184 7 Reuters (JAKARTA] Indonesia's top Economic Minister Ginandjar Kartasasmita said yesterday he expected a single Asian currency based on the yen to eventuaUy evolve, but that it could take years to emerge. "I believe the global economy win evolve towards a system in which there
      Reuters  -  184 words
    • Article
      Lock icon Taiwan must prune sector of poorly-run banks: Moody's
      392 7 Q4 current account surplus down 77% as exports to Asia fall Reuters Bloomberg [TAIPEI] Taiwan's crowded banking sector may see some benefit from profit-padding lifelines thrown its way by the government, but still must streamline to prosper, Moody's Investors Service said yesterday.
      Reuters; Bloomberg  -  392 words
    • Article
      Lock icon Japan economy may pick up by summer: Mr Yen
      263 7 AFP, Bloomberg [TOKYO) Japan's economy, mired in the deepest recession since World War 11, may improve by this summer, influential vice-finance minister Eisuke Sakakibara was yesterday quoted as saying. "The Japanese economy may pick up by this summer while many analysts
      AFP,; Bloomberg  -  263 words
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      140 7 MONT* BLANC 7 5 years Meisterstiic k ?v 75 years of passion and soul 0 uly passion cdn creiite d pie a' of eternity like the Montblanc \leisterstitch. 1 his tinwless cl(i-i<ic has been unclumgetl for 5 years. And will remain st> in future. In a uuiijue and e.xclusu'e tribute
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  • THE WORLD
    • Article, Illustration
      Lock icon US rejects Hughes' US$450m telecoms satellite sale to China
      393 10 WASHINGTON Decision could be sensitive issue at Albright's visit to China next week NYT, Reuters THE United States has rejected the sale of a US$45O million (*****.7 million) telecommunications satellite by US company Hughes Space and Communications Corp to China, a
      NYT,; Reuters; AFP  -  393 words
    • Article
      Lock icon US posts US$70b Budget surplus in January
      313 10 WASHINGTON Amount larger than the USs64b expected by analysts Bloomberg THE US government posted a larger-than-expected Budget surplus in January as the Treasury benefited from the strong economy and a lessened need to borrow money in financial markets. The surplus totalled U5570.34 billion
      Bloomberg  -  313 words
    • Article
      Lock icon Britain surprises pessimists, Q4 growth stays at 0.2%
      248 10 LONDON Reuters THE British economy proved the pessimists wrong again yesterday, growing by an unrevised 0.2 per cent in the final quarter of last year, confounding fears it had slipped into recession. The Office for National Statistics said GDP was up 1.3
      Reuters  -  248 words
    • Article
      Lock icon Lewinsky 'raped' by US constitution: interviewer
      223 10 LONDON AFP FORMER White House intern Monica Lewinsky was "effectively raped by the American constitution", one of the two television newsmen who conducted her first interviews over the weekend said on Monday. Channel 4 presenter Jon Snow said he asked Ms Lewinsky "everything" about
      AFP  -  223 words
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      230 10 Flaunt it. f Kgk; Kf&p J|Hr If your company's addressing the Y2K problem, display the Y2K-In-Action logo. It's a valuable asset for your business. Is your company addressing the Y2K problem? Don't waste any more precious time. Visit the NCB Y2K website at If it is, be a shining example.
      230 words
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  • FOCUS
    • Article, Illustration
      Lock icon When the Net lets you down
      1537 11  -  The Internet engenders little tolerance when problems occur, a reality slammed home this month at E*Trade, a US Internet brokerage firm By\ Mark Lelbovich Washington Post [WASHINGTON] THE chief technology officer was working on 90 minutes' sleep, a fitful night even by her threehour
      Washington Post; FILE PHOTO  -  1,537 words
    • Article
      Lock icon Gingerly onto the Net
      917 11  -  Goldman Sachs is taking its time to become a retail broker nsing the Internet By, Joseph Kahn NYT [NEW YORK] As every Wall Street firm struggles to figure out how to play the Internet, an advantage may lie with those that, like a fresh recruit to
      NYT  -  917 words
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      151 11 LAST 6 SHOWS! See it now! Further extension not possible! %u~ 4 > [TICKETS TO THE LAST SHOW] ON SUN 28 FEB, BPM |GO ON SALE TODAY! HURRY! I < lit. jjlj CHANg, 1 f C" The Musical Based on the lives of rhe original Siamese Twins ct'lKvptu.iliscJ, PrkKklJ *Sv
      151 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Rough and tumble of China market
      641 12  -  THE BOTTOMLXXE OPINION By Reginald Dale The writer is a columnist with the International Herald Tribune, where this commentary first appeared A FAIR criticism often levelled at policy experts in the United States capital is that they live in an ivory tower, detached from
      641 words
    • Article
      IN OTHER WORDS
      156 12 The middle in Germany hangs on to its protection and security, and fears reform. Whoever threatens with reforms, whether in relation to economic policy or citizenship, will be voted out of office/ -Franz Walter a political scientist at Goettingen University. The last thing the world economy needs
      156 words
    • Article
      India needs a tough Budget
      703 12 EDITORIAL INDIA'S Budget for the next fiscal year, to be presented by Finance Minister Yashwant Sinha this week, will have to be tough if it's to be kind Despite decades of so-called "anti-poverty programmes", India still has the dubious distinction of having the largest number
      703 words
    • Article, Illustration
      Lock icon Economists keep tripping over their forecasts
      1173 12  -  If they got growth right, they got rates wrong if they got inflation right, they got growth wrong By> Jonathan Fuerbringer NYT FORECASTING has never been easy and economists in the business have been off base more often than not. But, still early in
      NYT; FILE PHOTO  -  1,173 words
    • Article
      US house of cards will collapse soon
      199 12  -  MAILBOX Soo Yeo Seon Singapore via internet I REFER to your editorial "Futile debate on currency targets" (BT, Feb 23). A person with a winning hand would not want to change the rules of the game. That is the way the game is
      199 words
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      WHAT THE OTHERS SAY
      814 12 Financial forum good idea THE proposed new financial stability forum, bringing together central bankers, finance ministers, financial regulators and multilateral organisations is a sensible idea. But meetings alone will not make international financial markets a safer place. Rules, surveillance and enforcement are required. The first task
      814 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon AFI honours Hoffman
      433 13 FILM He's 27th recipient of film institute's Lifetime Achievement Award Reuters [LOS ANGELES] Dustin Hoffman, who graduated as a clumsy, love-lorn student and went on to take Hollywood by storm, is the latest recipient of one of the movie industry's top honours: the American Film Institute's Lifetime
      Reuters; FILE PHOTO  -  433 words
    • Article, Illustration
      Lock icon Britain's Mini turns 40
      650 14  -  It will soon be replaced by a new model, which looks a lot like the old one, but whether diehards will like it is doubtful, reports giles elgood GILES ELGOOD Reuters ALL the Beatles drove them and so did Brigitte Bardot, Clint Eastwood and Peter Sellers.
      Reuters; FILE PHOTO  -  650 words
    • Article
      Lock icon Some common herbs may harm fertility, study shows
      338 14 HEALTH Reuters [WASHINGTON] Several popular over-the-counter herbs, including St John's Wort and echinacea, could badly affect people's fertility, researchers said. A study published in the journal Fertility and Sterility suggests that high doses of echinacea, ginkgo and St John's wort can damage
      Reuters  -  338 words
    • Article, Illustration
      Lock icon If it's good for the Oscars, it's good for fashion
      764 14 US evening wear designers show rich, if sexless, beauty NYT WHEN a stunning Angelina Jolie announced a few minutes after winning a Golden Globe that she would take a plunge, gown and all, in the hotel swimming pool, she must
      NYT; FILE PHOTO  -  764 words
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      511 words
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      113 13 March' 99 h Fu Hsing Lcrobatic Troupe rformancc March '99 IN [NARY MING 5 nervations: 24-3203 nw Ummm Hmmm, CmOwr Qmm% mtt *****1 Td 224 822 YU -Pro** $10+*-*-. New Ye.*x -Prow of -Pour). From 10th February to 2nd March, you can usher in the prosperous Year of the Rabbit
      113 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1160 13 CRYPTIC CROSSWORD 1 Recover small open truck g fll j|V 4 State that one getting in the fiT" loot was a rascal (8) 10 One pedis, content to be in the Hh HH 11 I repeatedly name footballer 12 a manager B| Hf 12 In luck having sails and tackle
      1,160 words
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      271 14 |M f ill n ir in mrriwiiiMw wni nmmr Solid waste removal Bulky waste removal Mechanical sweeping of roads, parks, industrial parks, large paved areas and car parks Sale and rental of a wide range of refuse bins Sale and rental of mechanised waste storage and handling equipment Sale and
      271 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      197 14 TUH WEATHER Singapore: Fair and occasionally windy. Temperature (23/30C) A*U-Pacific La/HI* Cood. Jerusalem 2/17 dear Smddwhn V-2 kim Auddand 18/22 showers Vlcm 2241 dear Vienna 1/5 dondy 24/33 far Zurich -3/3 snow Re»»W -2/10 fa* Europe Lo/Hl* Good. Hoinhay »/37 hazy Aarterdaat 2/4 4wwers A Marina Lo/HI* Goal Bnshane »?7
      197 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon DBS Land, Schroders tie up in Scotts acquisition
      630 15  -  Costs to be apportioned between them in the event of a general offer By David Boey [SINGAPORE] DBS Land has roped in a Schroders property fluid that would help pick up the tab in the event of a general offer for Scotts
      FILE PHOTO  -  630 words
    • Article
      Deutsche, SocGen issuing more warrants
      332 15 [SINGAPORE] Deutsche Bank yesterday said it is issuing 22 million covered call warrants on a basket comprising the Local shares of Singapore banks, more than the 10 million to 20 million warrants indicated earlier. And French bank Societe Generale announced that it will issue another
      332 words
    • Article
      FCC appoints new property head
      176 15 [SINGAPORE] First Capital Corporation has appointed former Marco Polo Development general manager Trina Loh as the new head of its property division with effect from March 1. Mrs Loh will replace Albert Au as general manager (property division). Mr Au, who took over the reins
      176 words
    • Article
      Bold Cycle & Carriage move to boost sales and profits
      715 15  - Bold Cycle Carriage move to boost sales and profits HOCK LOCK SIEW Christopher Tan WHEELS and collateral. It's a relationship as intertwined as the horse and carriage. From the vehicle manufacturer to the distributor and right down to the retailer, financing is an intricate lubricant one that makes car-selling that
      715 words
    • Article
      Vickers Ballas net profit nosedives
      463 15  -  Earnings plunge 99.4% to $283,000 from $45.6 m; group expects better '99 liyy Catherine Ong [SINGAPORE] Vickers Ballas Holdings, one of Singapore's largest brokerages which became part of Singapore Technologies Pte Ltd last year, saw its profits nearly wiped out last year as the regional
      463 words
    • Article
      ST Capital's loss deepens to $33.4m
      424 15  -  By Engene Low [SINGAPORE] ST Capital, a member of the Singapore Technologies group of companies, has fallen deeper into the red with a hefty $33.4 million loss for the year ended Dec 31, 1998 no thanks to provisions totalling $35.6 million. In 1997, the
      424 words
    • COMPANIES
      • Article
        Lock icon Hang Seng may acquire smaller rivals as banks' profits tumble
        670 16 Move comes as analysts say HE is on the brink of its biggest banking shake-out in decades Bloomberg [HONGKONG] Hang Seng Bank Ltd will consider buying struggling rivals as profits at Hongkong banks tumble as much as 90 per cent
        Bloomberg  -  670 words
      • Article, Illustration
        Lock icon HSBC reshapes to look beyond Asian business
        836 16 HSBC out to fashion global brand name to fight Citibank, say analysts NYT [HONGKONG] Peering down from the 28th floor of the Hongkong and Shanghai Bank building, which resembles nothing so much as an urban oil rig, there is little doubt that the
        NYT; REUTERS  -  836 words
      • Article
        Lock icon SingTech declines comment on SembCorp shares
        307 16 Reuters [SINGAPORE] Singapore Technologies Pte Ltd (SingTech) yesterday declined to comment on market speculation that it may make a placement of SembCorp Industries shares. In response to a query from Reuters, a Sing Tech spokeswoman said: "We do not comment on market rumours." SembCorp
        Reuters  -  307 words
      • Article
        UIS posts 12.6% rise in profit to $13m
        168 16 [SINGAPORE] Closed-end fund United International Securities yesterday reported a 12.6 per cent increase in profits to $13.1 million for the full year ended Dec 31. Turnover rose marginally by one per cent to $17.6 million. Earnings per share on a fully diluted
        168 words
      • Article
        Lock icon Plus plans to stagger hikes in toll rates: report
        228 16 Reuters [KUALA LUMPUR] A tollroad operator owned by United Engineers (Malaysia) Bhd (UEM) said it is negotiating with the government to introduce staggered toll rate rises, the New Straits Times said yesterday. The plan to raise tolls every three years or
        Reuters  -  228 words
      • Article
        Debt securities to be traded on Philippine bourse soon
        423 16  -  Brokers hail initiative, saying it wonld broaden funds' investment portfolio hYoitt Al Labita in Manila THE Philippines Stock Exchange (PSE) will soon offer trading of government securities, corporate bonds and fixed income instruments, said PSE president Jose Yulo yesterday. The move,
        423 words
      • Article, Illustration
        Lock icon MAS exec chairman says no decision yet on new MD
        214 16  -  He emphasises resignation was for personal reasons From Diana Oon Abdullah in Kuala Lumpur' MALAYSIAN Airlines' executive chairman Tajudin Ramli said yesterday he has not decided on a new managing director for the flagship carrier following the resignation of Wan
        FILE PHOTO  -  214 words
      • COMPANY Briefs
        • Article
          IPC finalising terms of debt revamp
          106 16 {SINGAPORE] IPC Corporation said it is close to finalising the terms of a scheme to restructure its debts. This follows the appointment of Price Waterhouse (PW) as financial adviser in July last year. The company has worked with PW on the debt revamp and
          106 words
        • Article
          New Toyo director quits
          21 16 [SINGAPORE] New Toyo International Holdings said Angela Heng Chor Kiang resigned as director and deputy chairperson yesterday.
          21 words
        • Article
          Ipco director raises stake in firm
          46 16 [SINGAPORE] Ipco director Anthony Sabastian Aurol has bought 1.485 million shares in the company at an average price of U550,333 to U550,335 a share. The purchase raises his stake in the company from 2.95 per cent to 5.05 per cent.
          46 words
        • Article
          Lock icon Faber in default of RM240m in loans
          93 16 AFX-Asia [KUALA LUMPUR] Faber Group Bhd said it is in default of loans totalling 240.3 million Malaysian ringgit (*****.7 million), of which RM5.9 million constituted interest obligations. In a statement to the Kuala Lumpur Stock Exchange, Faber said the default has given rise
          AFX-Asia  -  93 words
        • Article
          Lock icon RHB names second executive director
          82 16 Reuters [KUALA LUMPUR] Malaysia's RHB Bank Bhd, a subsidiary of RHB Capital Bhd, said yesterday it has appointed Zahridah Ismail its executive director. She is the second executive director named to the post this month. RHB Bank announced on Feb 4 it had appointed a
          Reuters  -  82 words
        • Article
          Lock icon SC fines brokerage and remisier
          98 16 Reuters [KUALA LUMPUR] Malaysia's Securities Commission said yesterday it has fined a stock brokerage and a dealer's representative 30,000 ringgit (5513.570) each for rule breaches. It said in a statement that WK Securities Sdn Bhd was fined for carrying on business without obtaining permission from
          Reuters  -  98 words
    • REGIONAL COMPANIES
      • Article
        Lock icon LME gamble cause of record loss at LG Metals: traders
        533 17 Bat Korean firm says higher interest payments to blame for its 783b won red ink Reuters [LONDON] South Korea's LG Metals Corp notched up huge trading losses on the London Metal Exchange (LME) which contributed to the company plunging a
        Reuters  -  533 words
      • REGIONAL Briefs
        • Article
          Lock icon Amazon.com sees losses widening
          63 17 Reuters [SAN FRANCISCO) Online book and music retailer Amazon.com Inc expects its operating losses to widen slightly in the next few quarters as it invests for long-term market leadership, chief financial officer Joy Covey said on Monday. She said the company expects operating losses to widen
          Reuters  -  63 words
        • Article
          Lock icon Ameritech to buy Anixter unit
          53 17 Bloomberg [CHICAGO] Ameritech Corp, which is set to be acquired by SBC Communications Inc, has agreed to buy Anixter International Inc's computer-network design unit for US$2OO million (*****.9 million) in cash to add more data services for corporate customers. Ameritech expects to complete the purchase
          Bloomberg  -  53 words
        • Article
          Lock icon Aussie tycoon bays A$27m stake
          62 17 Bloomberg [MELBOURNE] Solomon Lew, one of Australia's richest men, said he has bought a 5 per cent stake in Hoyts Cinemas Group, the country's second-largest cinema company, after building up his holding over the past few months. At yesterday's stock price, his stake of 15.4
          Bloomberg  -  62 words
        • Article
          Lock icon NatWest profit jumps 34%
          46 17 Reuters [LONDON] British banking group National Westminster Bank pic reported a 34 per cent surge in underlying profits yesterday. Nat West reported a pre-tax profit for 1998 of £2.14 billion (Ss6 billion), sharply up on the £975 million posted in 1997. Reuters
          Reuters  -  46 words
      • Article
        Lock icon Mitsubishi to write off US$4.25b in bad loans
        301 17 AFP [TOKYO] Japan's Mitsubishi Trust and Banking Corp announced yesterday it will write off a stunning U554.25 billion (557.3 billion) in bad loans, dragging its results into the red. Japan's largest trust bank said it was likely to suffer 195 billion yen
        AFP  -  301 words
      • Article, Illustration
        Lock icon Seeking insurance against job losses
        78 17 [SEOUL] About2,ooo white collar workers in the medical insurance business rallying here yesterday against a law which permits mergers in their sector which they fear will lead to large scale job losses. With corporate and government restructuring under full swing in an attempt to make
        REUTERS  -  78 words
      • Article
        Lock icon Price falls slash Matsushita Q3 profit by half
        550 17 It trims fall year pre-tax forecast by 7% to 167b yen Reuters [TOKYO] Japanese consumer electronics giant Matsushita said yesterday its third-quar-ter profit shrank by about half from a year earlier because of sliding prices for computer displays and hard disk drives.
        Reuters  -  550 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon BSkyB and Canal Plus talking merger: paper
        295 18 Mnrdoch poshing for alliance but there may be no deal, say sources Reuters [NEW YORK] Media baron Rupert Murdoch's British Sky Broadcasting pic is in preliminary merger talks with France's Canal Plus SA, the Wall Street Journal said yesterday. The talks may not
        Reuters  -  295 words
      • Article
        Lock icon Pinkerton taken over by rival Securitas
        134 18 FT [NEW YORK] Pinkerton, one of the world's most famous private investigation and security companies, was captured on Monday by Swedish rival Securitas for three billion Swedish kronors (*****.9 million). The US group whose motto "we never sleep" dates back to the pursuit of
        FT  -  134 words
      • Article
        Lock icon US industrial sector giants waking up to merger mania
        402 18 Industrial company deals form USss3b of the USslBob total so far this year Reuters [NEW YORK] The deals are hot, even if the companies are not. From electric plugs to centrifugal pumps, the staid and sleepy industrial sector has joined the
        Reuters  -  402 words
      • Article, Illustration
        Lock icon Levi Strauss to close half of N American plants
        452 18 It will axe 30% of staff; plans to ship production overseas NYT [NEW YORK] Levi Strauss Co, an icon of American culture, announced on Monday that it will close half of its manufacturing plants in the United States and Canada and
        NYT; FILE PHOTO  -  452 words
      • Article
        Lock icon Volvo calls off talks to buy rival Scania
        366 18 NYT [LONDON] Volvo AB of Sweden, Europe's second-largest truckmaker, announced on Monday that it had broken off talks to buy its rival, Scania AB, raising speculation that it might set its sights on a US target in its quest for size and
        NYT  -  366 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Banks jostle for a piece of US$53b Olivetti hostile bid
        715 20 At stake is USs6oom in fees, making it the most lucrative European deal NYT, Bloomberg [ROME] Call it Wall Street's version of "piling on" in a football game. But almost every investment bank was scrambling to get a piece of
        NYT,; Bloomberg  -  715 words
      • Article
        Lock icon SEC won't lower standards: Levitt
        327 20 Reuters [NEW HAVEN, Connecticut] The US must not relax its rigorous accounting standards despite heavy political and corporate pressures, said US Securities and Exchange Commission chairman Arthur Levitt on Monday. "The political leaders in this country are trying to force the commission to relax its
        Reuters  -  327 words
      • Article
        Lock icon Storebrand, Skandia merge non-life units into Nordic giant
        449 20 Danish and Finnish firms invited to join; insurers' shares gain Reuters [OSLO] Norway's biggest insurer Storebrand ASA and Swedish rival Skandia AB said yesterday that they would merge their non-life units into a Nordic giant open to new partners such as Finland's
        Reuters  -  449 words
      • Article
        Lock icon Bank One to cut by 20% non-US work force
        319 20 Bloomberg [CHICAGO] Joining US banks retreating to the home territory. Bank One Corp on Monday said it would scale back its business outside the US and would fire 20 per cent of its non-US work force. Most of the 200 job
        Bloomberg  -  319 words
      • Article, Illustration
        Lock icon Net banks draw deposits with better rate deals
        481 20 But they can't replace traditional giants: US analysts Reuters [NEW YORK] Cyberspace is home to a growing number of US savings accounts, as Internet banks skim some business from traditional banks by offering higher deposit rates and cheaper loans, analysts said. While
        Reuters; FILE PHOTO  -  481 words
      • SMALL Change
        • Article
          Lock icon NatWest profit up 7 times
          71 20 Bloomberg [LONDON) National Westminster Bank pic, Britain's third-largest bank by assets, said second-half profit rose seven-fold, beating expectations, boosted by fee-based businesses, lower costs and one-time gains. Nat West, which over the past two years has trimmed its securities businesses, said second-half net income rose
          Bloomberg  -  71 words
        • Article
          Lock icon Janus Twenty is US' top mutual fund
          135 20 Bloomberg [BOSTON] Janus Capital Corp's Janus Twenty Fund was America's top-selling mutual fund in January, showing again how investors flock to top-performing funds. Janus attracted a net US$l.66 billion (Ss2.B billion) last month, according to Financial Research Corp, following a year when the
          Bloomberg  -  135 words
        • Article
          Lock icon Tokyo-Mitsubishi to boost British unit
          80 20 AFP [TOKYO] Japan's giant Bank of Tokyo-Mitsubishi Ltd said yesterday it would boost capital of a British investment banking subsidiary by injecting £185 million (*****.4 million). Tokyo-Mitsubishi will make the capital injection this month, boosting the capital of Tokyo-Mitsubishi International pic of London to £333.5
          AFP  -  80 words
        • Article
          Lock icon Fidelity reduces Internet stake
          79 20 Bloomberg [BOSTON] Fidelity Investments, the biggest US mutual fund company, reduced its holdings of several Internet stocks during the fourth quarter, a period when most of these stocks soared, an industry research firm said. The company, which has about US$75O billion (Ssl.3 billion) of assets under
          Bloomberg  -  79 words
        • Article
          Lock icon Deutsche Bank hires World Bank expert
          102 20 Bloomberg [HONGKONG] Deutsche Bank AG, Europe's second-biggest bank, said it hired Wei Ding from the World Bank to head its businesses in China. Mr Ding was formerly the World Bank's lead specialist for economic policy and reform in East Asia. He also worked at
          Bloomberg  -  102 words
        • Article
          Lock icon Banco Santander heir-apparent quits
          97 20 Bloomberg [MADRID] Ana Patricia Botin, until recently the leading candidate to succeed her father as chairman of Banco Santander SA, Spain's largest bank, has resigned less than six weeks after Santander said it would merge with Banco Central Hispano SA, Spain's No 3 bank, limiting her
          Bloomberg  -  97 words
        • Article
          Lock icon ABN Amro fires 30 workers
          41 20 Bloomberg [AMSTERDAM] ABN Amro Holding NV, Europe's fifth-largest BANK, said it fired 30 people in its fixed-income department in New York last week to cut costs. The bank declined to name the employees leaving it. Bloomberg
          Bloomberg  -  41 words
      • Article
        Contract volume hits record high
        188 21  -  r»imri« Reports MSd Taiwan futures Cecilia Loh Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract hit a record high trading volume of 17,959 contracts yesterday. This surpassed the volume of 17,368 contracts on Nov 25,1998. The contract lost its upward momentum, closing down
        188 words
      • Article
        Lock icon Silver demand to outpace supply for 10th year
        211 21 Bloomberg [NEW YORK] World silver supply will grow 9.3 per cent this year, narrowing a year-on-year shortfall that's lasted a decade, CPM Group said. Industrial demand is expected to outpace supply by 144 million ounces in 1999, 25 per cent less than
        Bloomberg  -  211 words
      • Article
        Lock icon Cold US weather, Europe shipping problems boost oil prices
        297 21 ENERGY REPORT Reuters [LONDON] Oil prices edged higher yesterday with a cold front in the United States and shipping problems in Europe providing beleaguered crude with a much-needed boost. International benchmark Brent traded 14 cents higher by early afternoon in London
        Reuters  -  297 words
      • Article
        Lock icon CURRENCY REPORT
        315 21 Reuters, Bloomberg London THE euro stumbled close to its record lows against the dollar and British pound yesterday as the market contrasted the economic gloom in the euro zone with the much healthier state of the US. Comments from German officials warning about the negative consequences of failing
        Reuters,; Bloomberg  -  315 words
      • Article, Illustration
        Untitled
        1292 21 INTERBANK CROSS RATES Feb23 AS C$ Rwb Euro ffr Dm HK$ Ind»sftipiah Yen Won tM WZS Pafc »t Ptto S$ Band Sfr MT$ Eaht Pound US$ J" 5 4 A« 0 955 c ell ilV 1,29 4 946 27 094 56 581 7M 7 736 2 425 1184 32.800 24.901
        1,292 words
      • Article
        Untitled
        1885 21 SICOM FUTURES Feb 23 RUBBER (futurw dosing *s it 5.30pa) RSS1 CONTRACTS cMtsA?) Close Volume Op«n Month High Low Sett (tonnes) Interest Mar 99 112 25 400 Apr 99 113.00 113.00 113.25 100 850 May 99 H5.25 925 Jun 99 117.25 300 Jul/Sep 99 120.75 825 0<t/Dec 99 124.25 225
        1,885 words
    • Article
      WORLD STOCK MARKETS
      2326 22 LONDON Industrials W H Nki 31 Croup 630.000 29.000 AB Ports 262.000 3.000 Abbey National 1250.000 13.000 Allied Domecq 469.000 -2.500 Anted Zurich 917.000 19.500 Amec 183.000 1.500 As da Group 148.250 -0.750 BAT Ind 566.000 -1.000 BG Pic 362.500 1.000 BICC 83.000 3.000 BOC Group 807.000
      2,326 words
    • Article
      Lock icon TOKYO
      1596 22 AFP P! Nikkei 225 +243.98 SHARE prices in Tokyo closed 1.7 per cent higher yesterday, with investors heartened by gains on Wall Street and out-of-the market factors such as yen-dollar rates, brokers said. "Market sentiment has improved since investors saw a reversal in weak bond prices and bullish yen."
      AFP  -  1,596 words
    • Article
      Lock icon TAIPEI
      328 22 AFP nWP Index -132.69 TAIWAN share prices closed 2.1 per cent lower yesterday as investors locked in profits from sharp gains posted in the past two trading sessions, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 132.69 points to 6,180.94, following a combined 8.9 per cent surge
      AFP  -  328 words
    • Article, Illustration
      Lock icon HONGKONG
      1420 22 AFP Q Hang Seng +***** SHARE prices rose 2.2 per cent yesterday as investors cheered an overnight rise on Wall Street and banking giant HSBC plans to restructure its share capital, dealers said. The key Hang Seng Index gained 204.65 points to close at 9,433.99 on a turnover of
      AFP  -  1,420 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares slightly higher on late buying
        420 23 AFP Q Composite Index +OJB MALAYSIAN share prices closed barely higher yesterday due to last-minute buying support for index-linked stocks, dealers said. "The bourse was uninspired for almost the whole day. Just before the close, buying interest on selected heavy weights pushed the index
        AFP  -  420 words
      • Article
        Untitled
        8342 23 INDUSTRIALS Consumer protects 1999 LMt Vol Day Not c«p Hlqh Low Company Solo OOO Hlqh Low P/C $mll 3K) 280 Ajinomoto 290 i* Q n7 c 83 62 Angkasa 72 1 4 72 71 106 283 243 Apollo Food Hlq 250 87 iSqo 204 152 Bar jaya Land 160 -1
        8,342 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2074 24 BONOS, LOANS k WARRANTS m 52-Wk LMt Vol Day Last Ouote A.g High Low Stno Company Salt *or- (OOO) High Low Buyor Sailor Prko 18 3 3160 A Acor ******1USS 12 10.5 12 35 4.5 3164 Acma ******4 15 -0.5 206 16 15 15 15.5 16 3161 AIITech ******7 28.5
        2,074 words
      • Article
        Hedge for banks' foreign-share owners
        211 24  -  WARRANT WATCH -By Ven Sreenivasan IN what is the second call warrant issue on Singapore banks this year, Deutsche Bank on Monday issued covered call warrants on the shares of the Big Four local banks. The first issue was made by Merrill Lynch, on the
        211 words
      • Article
        CLOB INTERNATIONAL
        221 24 HONGKONG STOCKS Of Or 52-Wk Last Vol Day Last Ouott (Mv Dtv YM Nat M Cap High Low Stno Company Saw COOP) High Low Puyor Sailor H Cvt *> P/t Smll 5123 CDL (2000) HK 400 8 2.4 2 20.5 7744.7 5124 Cathay Pac 20c MK_.720 265 2.1
        221 words
      • Article
        Lock icon WELLINGTON
        258 24 AFP n Wellington -26.96 NEW Zealand shares fell back 1.2 per cent yesterday as investors locked away profits on recent gains. The NZSE-40 Capital Index was down 26.96 points to finish at 2234.43. Falls outnumbered rises 52 to 38 among the 138. Total market turnover was worth NZ5115.9 million.
        AFP  -  258 words
      • Article, Illustration
        Lock icon BANGKOK
        741 24 AFP CI SET Index -CLBI THAI shares gave up early gains and closed yesterday 0.2 per cent weaker in directionless trade, dealers said. An analyst with Adkinson Securities said the market rose in the morning session mainly due to Wall Street's performance, but the gains were capped by across-the-board
        AFP  -  741 words
      • Article
        Lock icon SEOUL
        421 24 AFP CI Composite Index -5.61 SOUTH Korean share prices closed 1.1 per cent lower yesterday with retail investors turning heavy sellers in afternoon trade amid caution over the yen's direction, dealers said. The Composite Index closed down 5.61 points at 502.88, off a low of 495.69 and a high
        AFP  -  421 words
      • Article
        Lock icon SYDNEY
        611 24 AFP All Ordinaries -*-7.70 SHARE prices gained 0.3 per cent yesterday despite a savaging of the telecommunications sector and other leading stocks which wiped out much of the early gains, brokers said. The All Ordinaries Index closed higher 7.7 points to 2,924.0. The All Resources Index closed up 7.9
        AFP  -  611 words
      • Article, Illustration
        Lock icon JAKARTA
        679 24 AFP C 1 Composite Index -0.73 INDONESIAN shares slipped 0.2 per cent yesterday on domestic political concerns and caution ahead of bi-annual testimony to US lawmakers by Federal Reserve chairman Alan Greenspan, dealers said. An analyst with a local brokerage said selling on larger cap stocks was mostly foreign-led,
        AFP  -  679 words
      • Article
        Lock icon MANILA
        327 24 AFP Q Manila +19.01 PHILIPPINE share prices closed one per cent higher yesterday due to sharp gains posted on Wall Street overnight, analysts said. The Composite Index rose 19.01 points to close at 1,958.70. Turnover jumped to 587 million shares worth 1.04 billion pesos from 114.23 million shares worth
        AFP  -  327 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6820 25 Transaction date: Feb 23 I Vo) Day Last Ouot* OW Dlv YM Net Cap Ave L# StN« Company Sale COOP) High Loo Buyer Sailor C'vr P/C $mll Price MMLTHNDUSTRY 142 17.5mt 1000 Acma 50c 70.5 -1 125 72 70 70 71 27.5 1 19
      6,820 words
    • Article
      SESDAQ
      1349 25 —"t- «~ar rat, —-u. t MANUFACTURING 231 30 2049 AS Auto 10c 09 -1 376 92.5 86 5 09 90 15 N 7 17 84 1016 91 79 .5 45 2051 ASJ Hldqs 20c 55 55 50 23 10.2 0 9 10 6 49 5 55 260 85 2001
      1,349 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        364 26 Stoctn Volume SingTel 15c 16,492.000 STEngglOc 10,136.000 GES Intl Ltd 20c 7,715,000 SembCorpI 25c 6,341,000 OCBC Foreign 5,210,000 DBS Land 5,194,000 UOB Foreign 4,054.000 Keppel LandWOO 3,487,000 Bank Bkt ML CW99 3,396,000 SIA Foreign 3,308,000 Stocks OCBC Foreign 61,600,917 UOB Foreign 40,230,216 SingTel 15c 40.160,632 SIA Foreign 40,010,929 SPH 35.367,907
        364 words
      • Article, Illustration
        Buying fizzles out amid signs of currency volatility
        597 26  -  STOCK MARKET COMMENTARY Market expected to stay sluggish for rest of week ahead of 1998 economic data, Friday's Budget Ven Sreenivasan MOST Singapore stocks moved sideways yesterday as the index-linked buying of recent days fizzled out in the afternoon session. Dealers said
        597 words
      • ON THE GRAPEVINE
        • Article
          UBS alumni on the cards?
          79 26 TALK among ÜBS bankers is that at a recent farewell function for former head honcho Lim Ho Kee at the Carlton Hotel, at $60 per person and opened only to those who were at ÜBS before it was merged with (or taken over by) its
          79 words
        • Article
          Low-key topping-out
          150 26 AFTER generating controversies that reached up to the highest level of the political establishment in China, the Oriental Plaza on Chang'an Avenue in the Chinese capital has finally reached the topping-out stage. But the developers among them Hongkong "superman" Li Ka-shing and the family company of Hongkong chief
          150 words
        • Article
          Bold property statement
          85 26 PROPERTY developers have found a good friend in the new DBS Bank chief executive John Olds. Asked during a lunch on Monday whether the bank would sell its stake in DBS Land, Mr Olds said no, and gave his reason that "property is a scarce commodity in
          85 words
        • Article
          Frand as an economic indicator
          133 26 THIS is as good an indicator on the Hongkong economy as any in the first 11 months of last year, confirmed fraud losses in Hongkong reported to the Commercial Crime Bureau more than doubled, according to a recent report in the South China Morning Post.
          133 words
      • Article, Illustration
        HOT STOCK
        58 26  -  By Wong Wei Kong GES International shares closed up $0,015 yesterday at $0 245 on a volume of 7.72 million shares, compared with its 10-day traded average of 1.38 million units. The RSI and Stochastics as well as the MACD charts suggest that upward momentum may be building,
        58 words
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      Page 15 Advertisements Column 1
      264 15 How can you take advantage of the latest developments and changes in tax laws? Attend the Arthur Andersen 1999 Budget Seminar to find out: How the 1999 Budget will affect you and your business Whether you or your company are able to benefit from the recent changes in the tax
      264 words
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      182 words
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      33 20 Group BT-02 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 form
      33 words
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      Page 20 Advertisements Column 2
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      111 words
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      Page 22 Advertisements Column 1
      73 22 Hello? I'm calling about\ 'm 50 a PPY your advertisement in great...just like ounc m V P" through The Straits Times Classified... I V the ad J I The Straits Times Classified. I MgfL you still have the puppy... J described. V™ go < a e real e bcr F,l
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      Page 25 Advertisements Column 1
      60 25 Citibank Margin Trading Account Trade up to 2.5 times your share value or withdraw CASH on it. Call 339-7126 now. THE C IT I NEVER SLEEPS It i.liii h .i I I shvn I ii n .i > 2i> S (> iili.i r il Ki>.i <1 2 1 liirit n
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      342 26 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF KOPPERS-HICKSON TIMBER PROTECTION (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap 50 that the Final Meeting of Members of the
      342 words
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      Page 26 Advertisements Column 2
      189 26 is getting Margin Financing a hassle? Call DBS investor Online at 438-1188 SSI )BSBANK WrWSijm^ ■^OStop students be getting their '0' and 'A' level results in February. Because of the promise they have shown, they will be inundated with offers of scholarships and bursaries. Make sure you get to them
      189 words
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      Page 26 Advertisements Column 3
      81 26 V% j if* and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout ceremony.
      81 words
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      Page 26 Advertisements Column 4
      218 26 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF HAPPY DEVELOPMENT PRIVATE UMfTED (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the Company will
      218 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      286 27 Bridge News, Reuters BROKERS were confident on Monday that the panamax market worldwide and the handysi2e market in the Atlantic were still moving in owners' favour despite the thin volume of fresh fixture information available. This view was shared by the panellists of the Baltic Freight Index (BFI)
      Bridge News,; Reuters  -  286 words
    • Article
      MARITIME STOCKS
      257 27 f«*21 M W CWT Distribution -0J0 -0.03 42 Chuan Hup 0.623 unch 228 Cosco Invastmont 0.48 Fr»wM Units 0.16 unch 218 CBHoMnqt 0.375 *0.003 Hal Sun Hup 0.4S -0.01 17S IMC Holdings HK 5.60 Jaya Holdings 0.335 -0.003 41 Shipyard 6.5 -0.10 242 Corp 3.92 -0.14 1624 Kappai
      257 words
    • Article
      Crisis-hit shipowners leaving crew in the lurch
      454 27  -  Bankrupt companies abandoning crew, a worrying trend, says ITT By. Marcus Hand [SINGAPORE] The region's economic crisis has resulted in a worrying new trend: the crews of ships belonging to bankrupt companies being left to starve in ports around the world, according to
      454 words
    • Article, Illustration
      Lock icon Channel rescue
      49 27 [BOULOGNE SUR MER] A tug-boat approaches the ferry, Picasso, after it broke down in heavy seas near the English Channel port ofßoulogne-Sur-Mer. The ferry carrying nearly three dozen people on board was restarted and able to continue its journey to Britain with no casualties, officials said. AFP
      AFP  -  49 words
    • Article
      Harbour pilots will come under closer scrutiny in future
      758 27  -  STRAIT TALK By\ Seafarer NOT so long ago the idea that ships' officers should prepare detailed passage plans for transits through pilotage waters would have suffered the fate of the lead balloon. Seafarer distinctly recalls the outrage of a master of
      758 words
    • Article
      Industry-wide effort needed to get small yards to merge
      400 27  -  WORK BOAT WORLD ASIA DO By: Felix Chan [SINGAPORE] The inaugural Work Boat World Asia '99 show kicked off smoothly yesterday amid what the organisers described as the worst recession in the region in recent memory. As with all conferences and
      400 words
    • Article
      Lock icon Marshall Islands is world's 10th largest shipping registry
      259 27 AFP [MAJURO] The Marshall Islands ship registry has become the world's 10th largest, enjoying nine years of remarkable growth, officials said. Archibard Stewart, chairman of International Registries, Inc (IRI), said there were just 28 ships when the IRI in 1990 took over
      AFP  -  259 words
    • Article
      Lock icon Korean shipping lines not Y2K compliant yet
      122 27 Reuters [SEOUL] South Korea's shipping lines have not addressed the year 2000 (Y2K) problem and many smaller firms would need government assistance to become compliant, the Ministry of Maritime Affairs and Fisheries said. Ministry spokesman Kang Moo-hyun said many small and large shipping
      Reuters  -  122 words
    • Article, Illustration
      Lock icon Making best of both worlds
      1063 28 THE HEW &PL-NOL APL chief is now implementing plans to transform the group into a world container line and logistics leader NOL Special 30th Anniversary Publication TIM Rhein's vision of transforming APL into one of the world's premier global container transportation and logistics groups is
      NOL Special 30th Anniversary Publication  -  1,063 words
    • Article
      SHIPPING SCHEDULES INDEX
      347 28 PAGE Express TI 14 ANL 3 FoongSon 8 Accord 9 Frota 13 Ahrenkiel 14 Frt Links 14 Appenship 5 6 Link AsiaOCL 4 Gemartrans 8 Austral 8 Genshpg 14 Avant 14 Glory Nav 14 B'tang Mas 8 HaiSunHup 8 BSA 7 Hangli 7 BTL 14 Hanjin 3
      347 words
    • Article
      SHIPPING GUIDE
      20069 35 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT Advtrtistr Vesstl Voyaot Telephone I ETA ETA Advertiser vawam I cta m u "W I ti* t<« Advertiser vessel Voyage Telephone SIN Destn Nam* Nam* Number Number I SIN Dest'n Name Nam* Number Number »n,r» >■ I 04/03 09/03 ICFS ORAM BREEZE 905S *5-*****55 To
      20,069 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        687 41 VoyNo Berth Arrival Departure Jarong tort Alphaharmani 22 JOS alongside 24.02/2300 alongside 23.02/1700 W04A J» alongside 25.02/1200 !j f™ 1 023,99 J01 alongside 23.02/2300 m i*ka m *****9 J01 alongside 23.02/2300 *****9 J°1 alongside 23 02/1400 »oa J5i» *****9 J01 alongside 24.02/0100 «m 2598 0399 J01 alongside 23.02/1500
        687 words
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        CONTAINER SCHEDULES
        1790 41 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Boohing/Balance Rstls Ship Voy No Etb/Btr Period From To From 24/2359 IA 2 J/1500 21/1659 21/1900 23/1500 23/1659 23/1900 2A 21/1700 24/0*59 24/0900 21 21/1700 24/0659 24/0900 Antes CIM 7409* 26/0300 M 21/1500 21/1659 2VI9M 21/1500 21/1659 21/1900 2A 2
        1,790 words
      • Article
        GLOBAL HOLIDAYS
        215 41 Marl 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:
        215 words
      • Article
        COCKETT BUNKER MARKET REPORT
        697 41 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        697 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        551 41 r Carbon 180 Mix 994.8 1.0 18.8 0.09 112 0.05 F,bW PmltY Water Bwjfct Ash AtumliWuM Umm* No above E25 1 0 15 0 1 0 SM/M 380 Ave 986 2 0J M.9 0.06 30 0.02 Ci«o« 380 Max 994.9 0.7 19.8 0.09 65 0 07
        551 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Air China in talks on joining global alliance
        601 42 ELM, Alitalia and Northwest meet China airline for exploratory talks Bloomberg [PARIS] KLM Royal Dutch Airlines NV, Alitalia SpA and Northwest Airlines Corp met Air China officials yesterday in a move that could result in a Chinese carrier joining a global airline
        Bloomberg; FILE PHOTO  -  601 words
      • Article, Illustration
        Lock icon Full steam ahead for China rail system
        65 42 [BEIJING] A passenger train heading out from Beijing main railway station yesterday passes by an ancient tower. China's railway system, which hauls a majority of the people, plus coal and raw materials across the country, will get a major facelift this year to
        AFP  -  65 words
      • Article
        Lock icon American Airlines pilots union seen likely to file grievance
        588 42 Bloomberg [FORT WORTH, Texas] AMR Corp's American Airlines, the No 2 carrier, and its pilots have not scheduled talks this week on their dispute over pilots' salaries, leading an analyst to say the union may file a grievance. The union is
        Bloomberg  -  588 words
      • Article
        Lock icon FedEx strike costs less than expected
        171 42 Bloomberg [MEMPHIS, Tennessee] FDX Corp, parent of Federal Express, the world's largest overnight-delivery company, said its costs to prepare for an aborted pilots-union strike last year will cost US$3O million (5551.3 million) less than expected. FedEx, based in Memphis, Tennessee, in December warned its
        Bloomberg  -  171 words
      • Article
        Lock icon America West cancels sale
        325 42 Los Angeles Times [LOS ANGELES] The parent of America West Airlines said Monday that it has scrapped plans to negotiate a sale of the nation's ninth-larg-est airline to United Airlines or any other carrier. America West Holdings Corp. did not specify one factor that led to
        Los Angeles Times  -  325 words
      • Article
        Lock icon US firm fined for mishandling hazardous materials
        213 42 Federal Aviation Agency fines Airbone Express US$lOO,OOO for violation Bloomberg [WASHINGTON] Airborne Freight Corp's Airborne Express was slapped with US$lOO,OOO (S$168,000) in civil penalties and three of its contractors face smaller fines for mishandling hazardous materials, the Federal Aviation Administration said. FAA inspectors
        Bloomberg  -  213 words
      • Article, Illustration
        Lock icon Japanese cars target of US thieves
        264 42 AFP [CHICAGO] Toyota Camrys were the most stolen cars in the United States last year, and Japanese imports accounted for 48 of the top 100 most stolen vehicles, according to a study released on Monday. In its annual report on most stolen vehicles based
        AFP; FILE PHOTO  -  264 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1846 42 OTT FIMHT ETA FU6HT EH) LM786 1650 S026 2355 MMi AN8230 1920 ****** 1650 LH787 2359 LH6381 1920 $***** 1650 NZ4587 2359 ***** mo SQ2006 2X9 Amsterdam K1843 0540 S024 2320 S09W 1715 $0990 OOP S0327 0800 KL838 2335 r»l«|ltllWC CZ351 2035 Mm W05 Hanoi VH741
        1,846 words
  • Page 27 Advertisements
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      27 27 The new APL-NOLc Making the best of both worlds APL chief Implementing plans to transform the group into a world container line and logistics leader. Page 2
      27 words
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      Page 27 Advertisements Column 2
      73 27 Air China in talks on joining global alliance KLM, Alitalia and Northwest meet China airline for exploratory talks. Back Page 4W «8B«! istll >-** A a«r *IM%aV m*wz* *W> CHS® m ~w »■*»**&s* jp fr* r -n :j^ f X 1 l//sa Freight Services Pte Ltd 1 V y JT
      73 words
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      1061 28 j NORTH AMERICA ZH 1 EXPORT 1 I OTHER DESTINATIONS SSX SUPER SHUTTLE EXPTOBS PMECTTOIA WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) 1 ***** wr mat maw ua dm hou ok kt kdcooit rasa I vot ["Jlrrourranl tfi«nu I saw u**wn I I nrAtggJgg^vßfTWi| SScinj SS™ ZZ HZ ivS ;i£
      1,061 words
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      Page 28 Advertisements Column 2
      612 28 For Special Equipment Service: lntertransport% International Limited PageS EXPORT 3 x Japan -2 x Hongkong -1 x Manila -1 x Kaoshiung, Kaalung [Accepting FCI to BKK/NAHA/SENDAI/CEBU/LCH) Vism VOY P9CL PtN JKT POU iIN I NCI MNI HKO KB.KHNO«ATYbY6ICiMIN66u»CI WBXIOTP NOMUNDK OOP* hs.wl ~02X3 ACHLAGNOUA 0071 26.02 23.02 127.02 1 03.03
      612 words
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      Page 28 Advertisements Column 3
      137 28 Lines services represented u IBS!;) s.n 9J pj^g;g^ oere SSmmiy Accredited Shipping Agents. Association Singapore Shipping Association SEMBAWANG KIMTRANS (S) PTE LTD CONVENTIONAL SERVICES JJ. rx-A SINGAPORE to BATAM, BINTAN, KARIMUN /«*2 SINGAPORE to BANGKA ISLAND Ji SINGAPORE to CILEGON [Tnc SAMARINDA/BAUKPAfWBANJARMASIN TO SINGAPORE"" MANILA/SUBIC BAY/LUZON TO SINGAPORE S0( Cartmn
      137 words
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      1134 29 TO EUROPE FROM EUROPE rem. voy sim rtm anr ham hv sou f»t um vksil voy rtm anr har wv sou fit uh sw HY ADMIRAL 3IIW 25/02 20/03 17/03 11/03 15/03 HYKARON 3171 06/02 03/02 04/02 01/02 2S/02 NOLCOOAL 006W 26/02 14/03 16/03 19/03 20/03 HY EMPEROR 3161 04/02
      1,134 words
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      Page 29 Advertisements Column 2
      1994 29 0 HANJIN SHIPPING jikP 1 i Its My* Lot -Sata 37*0730 HANJIN SHIPPING PTt LID tap hwpi com KXXMG 37*0735 737 SALfS *****34 731 DOCUMENT 37*0771 774 OftMlKHft 37*0750 751 MUD UK *****55 FAI 7771H0 a NO-**********0* I TO NW USA A CANADA I USA CANADA* m vsl/voy lAN |SM
      1,994 words
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      Page 29 Advertisements Column 3
      524 29 FULLY CONTAINKRISID DIDICATID SIRVICIS ytssa vot si* pkg *oy sin hcg kh usn pus Ivtssa wrpn p»6 Ivtssa IMTCKBLWG 003S 11/01 23/02 M3N 24/01 11/P1 02/03 04/03 QS/03 Ef 6 M3s wjs OsWffi HYUNOAISPBNTH 020S 24/02 05/03 07/03 04/03 10/03 IKMTf KFf I IINC T4Q4S I 14/03 I \IM IItMTC
      524 words
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      1716 30 DSR-SENATOR UNES TO UK/CONTINENT TO MKDi'I'EKRANEA3N/CANAPA ttSSfL VOT SIN lEH HTM MM H*M OfiV FU VtSStL VOT "jST* OH Sft FOS VIC MTW HMUM WRUNG *0010 MO2 15 03 1103 13 03 14 01 1103 lON2ANXMJN WMOII aO2 14 03 10 03 10 03 2003 27 03 PUOONQ SENATOR MIOII
      1,716 words
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      Page 30 Advertisements Column 2
      911 30 mjkm MAC-NELS S PORE M'SIA I Carrier MM CONTR LINES, INC P. GUDANG: (07) *****26 I M\y V~ JO" 1«00»7«***** SOU: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P- KELANG: (03) *****77 JKT: (21)*****07 MQN: (61) *****3 KUCHtNG (082) *****1-3 HAIPHONG SURABAYA MV
      911 words
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      Page 30 Advertisements Column 3
      601 30 LINE Br JSL Tlti M ***** IMb *****12 MUARA LABUAN vissa vor no eta vessel voy itd eta SPOtE MUAftA SPORE UN CAftAKA JN332 VO4E/W 24/02 27/02 STIAITS HOPE VO4I/W 24/02 OJ/OJ STRAITS HOPE VO4E/W 26/02 01/03 CAMKA *13? VOSE/W 05/03 W/03 CAJUXA JN332 VOSI/W 05/03 01/03 STU/TS HOW VOSE/W
      601 words
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      1351 31 [VESSEL VOV SIN PKO PEN PQB DUB DAM 3H«I IBA BIK IRAN BAKERI PJLI336 22/02 03/03 04/03 06/03 07/03 00/03 IRAN SATTARI PJLI334 01/03 10/03 11/03 12/03 14/03 10/03 IRAN BABAEI PJLI333 08/03 17/03 18/03 10/03 21/03 23/03 IRAN TAKHTI PJLI337 15/03 24/03 25/03 26/03 28/03 30/03 IRAN LOREBTAN PJLI33B
      1,351 words
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      Page 31 Advertisements Column 2
      2798 31 JiafMl" VOOI3W (ETA SIN 1 3 Ftb ff>, Cotco USA K«it*€Hit I All-Wit«r i«rvk» will I I SINGAPORE'S GCMtRAI AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD(i/L) 4205M2^"!oMO«0«KE^™ ~,18,,B l COSTAR SNIPPING PTE LTD #i7-o« dis iidg saies/ikgs *****57/60 inward dept (d/ 0) 420S7SS COSTAR AGENCIES (M) SDN
      2,798 words
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      1340 32 EUROPE/UKySCAMPtHAWA/HHIAMO/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP E. DEVOTE RW-005 27/02 19/03 24/03 20/03 22/03 23/03 24/03 E. RIGHT RE-037 21/01 30/01 20/01 31/01 02/02 25/02 26/02 E DEVELOP RW-005 06/03 26/03 31/03 27/03 28/113 30/03 31/03 E. REWARD RE 032 04,112
      1,340 words
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      Page 32 Advertisements Column 2
      815 32 PACIFIC INTERNATIONAL LINES (PTE) LTD I S&BSV IB 140 Cecil Street, #03-00 PIL Bidding, Singapore *****0. I j CB NO *****b/OQQQE BMjj jfa 28 —W rs lift fflj ??<ippß I oiy J/3 3/3 14/3 17/1 IV3 74/3 30/3 I 31/3 I I M VOT W «N W XI ITT WIG
      815 words
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      Page 32 Advertisements Column 3
      593 32 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VISStL VOT 1 SIX 1 PUI 1 PW 1 JM| CW K> GOtDEM DKAGOM V.OIOS 03/03 12/03 14/03 19/03 M/ 03 NAKUI QUEEN KO33S 13/03 22/03 24/03 71/03 30/03 W/oT MMBM MAGOR V.012S 23/03 02/04 04/04 09AM 10/04 wmwm vims 03/04
      593 words
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      458 33 BSfl i. I 'BBsr i nT=Br lTsWTefsnffßß^^lk Ml MYANMA wHBk FIVE STAR UNI (Myaanar Notional Lino) Loading for Yangan (Rangoon) VfSSfl VOT SIN PKL POI PGU HPA-AN 2MW JIB MONG-U MALAYSIA AGENTS: MXISTEAD SHIPPING AGCNCIES KUL TH (03)*****00 PKL Til (03)376*101 PIN: Til (04) 2****** PGO: TU (07) *****21/4 BANK
      458 words
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      Page 33 Advertisements Column 2
      1362 33 HMME* HYUN^^AERCHANTJJAARINECOj^^D^^^^^^ IVBSa VOY ISM SOU IL» I RTM I ANT I HAM I MIV I m IYESStt ¥OT| SOU I 184 111 AWT HAM |MV RL ISM I NYAMMAL 31RW 25/02 15/03 20/03 17/03 18/03 HYBAJKM *****1/02 M/ 02 03/02 04/02 25/02 NOLCORAL OOtW 26/02 19/03 20/03 14/03 It/03
      1,362 words
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      Page 33 Advertisements Column 3
      1122 33 Bl noryMegon speaahed ouftxarners TO NORTH AND LATIN AMERICA "*ORO HEAVYUFT SERVICE" VESSEL VOT RAMP HEIGHT SIN I LAX CRL MIA SAV lAL ORF MYC NEW M 0» TEXAS F905 4001 mm 6.3* 26/02 2S/03 03/04 04/04 08/04 10/04 11/04 12/04 17/04 11/04 TOIA F906 4001 MS 6.3 M 11/03
      1,122 words
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      750 34 SAHOKOK/MAP TA PHUT/LABM CHABANOI JAKARTA/PAN J A NO VESSEL VQY SIN BKK MTP LCH VESSEL VOY SIN JKT [~PJN KOTA RATNA RNAO93 In Pt 27/02 GURU BHUM 118S In Pt 28/02 NANTA BHUM" 434N In Pt 27/02 28/02 OURU BHUM 118 SB 25/02 28/02 HUNSA BHUM 06N 25/02 28/02 ANRO
      750 words
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      Page 34 Advertisements Column 2
      498 34 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINER SERVICE WL Ivor hb" M *TP Ha hb <n—am ow n/wg/w w/m h/m is/m i«/m h/« usuau m H/uu/n u/« h/m n/M a/m WOWWiW Its 11/Wll/M il/M 24/03 »/M >1/04 04/04 AlglßfflMWg 1735 U/M 70/03 |il/M|ol/04 M/M |11/M| FEEDER SERVICE TO INDONESIA
      498 words
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      Page 34 Advertisements Column 3
      1029 34 VESSB-S VOV MN PKL JED MLA LEH RTM HAM 2EE SOT VW-LE D 1 AQUARIUS U3OW Mgg Q3AH 12A)3 IVD3 22(03 23AX} 2&TO 27/03 VRXE DC ANTARES L3OW OftTO 1(V03 18WJ3 ZWO3 29/03 3003 WD4 gyp* V>-L£ DE VIRQO S3OVV IWO3 17/03 21V03 3QTO qm» ~gyp* ~Q7W~ "qsoo iS6T~ VfILLE
      1,029 words
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      56 35 I STE Dial 740-6000 on demand —MmJ (Retrieve more schedules!) Press "1" „JC\ Select the port and key in the four digit code —!■eg: To New York (NYC) 2275 Key in your fax number I your phone number Another innovative service offered by ctb* The document Will be Shipping times
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      49 37 Dial 740-6000 on demand —MU (Retrieve more schedules!) STflfr Press »r Select the port and key in 5 the four digit code eg: To New York (NYC) 2275 st£) Key in your fax number your phone number Another Innovative service offered by The document Will be Shipping Times "JtD
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      147 38 free Reader Enquiry Service §>< cut out and fax to 65-7****** Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product or
      147 words
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      Page 39 Advertisements Column 1
      857 39 SAMUDERA 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 535 Colla/Jesslca/Mei Chan/Jeslynn/Oora/Hanim EZ3S33K32EEEHH 7slgs/week [qqqiqqslH 2slg/week [VESSEL VQY SIN JAK VESSEL VQY SIN IPLB KOTAMAJU MJUI29 25/02 (THU) 28/02
      857 words
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      Page 39 Advertisements Column 2
      1228 39 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I nrc I Stt I MT I SW I WW I n* CI I Ktt I HAt I im I Otf I SAV I mw I tm I HOU I HOWW Dm /04S0 Jg/Oj. Jjyo? 02/03 24/03 a/03 oi/04 PI/04 04/0S 09/05
      1,228 words
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      Page 39 Advertisements Column 3
      668 39 rff# Singapore Soviet Shipping CPL a Ho 00S0M0000M k\\l MditiiM Shipping PL W33) (*Wr<WS-teArrl 3 M« **********0 C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO29 28/02 06/03 19/03 KOTARATU RTUC37 07/03 15/03 25/03 PERAK 128N 14/03 22/03 04/04 [VESSEL VOY SIN CALCUTTA SIN HARIBHUM 09SV 27-28/02 06/03 15/03
      668 words
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      605 40 I" VESSEL VOY TIGER BAY 686N 23-24 m 01 04/03 09-10/03 I TIGER ISLAND 687N 26-27/02 04 07/03 12-1303 I TIGER PEARL 688N 02 03/03 08-11/03 16-17/03 I TIGER SEA 689N 05 06/03 11-14/03 19 20/03 I TIGER BAY 690N 09-10/03 15-19/03 I TIGER ISLAND 691N 12 13/03 19-21/03 26-27/03
      605 words
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      Page 40 Advertisements Column 2
      1082 40 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) PLIASI CALL OUR TOLL FRIK LINI FOR BOOKINOt 1800-*****66 Overseas Offices Hongkong
      1,082 words
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      Page 40 Advertisements Column 3
      28 40 CONVENTIONAL-SERVICE VESSEL ETA ETD DESTINATION CHAHAYA VICTORY 22/02 23/02 JAKARTA. SURABAYA SOUTHERN QUEEN 24/02 26/02 BANGKOK SEA SHINE 26/02 28/02 PANGKAL BALAM CHAHAYA STAR 28/02 02/03 PALE MBANG/PONTIANAK
      28 words
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      Page 40 Advertisements Column 4
      1075 40 OOCL (Sinqopore) Pte Ltd^CFsTeppeTDistrpir" 79 Amm Rood #21-04 (S) *****6 Mi 513 *01-128 V J C* NO 11S7S7MOOOH Tot 272 7527 f*—UH§ Tot *****13 F« 221 3942 Fax: 272 782$ pnou r W Orient Overseas Container line y (Malaysia) Sdn Bhd (Rag No: *****2-U) cat PETAUNG JAYA T«t 03-756 7776
      1,075 words
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      Page 40 Advertisements Column 5
      180 40 FULL CONTAINER SERVICE SIN PASIR GUDANG SIN DAILY SAILINGS [VESSEL I VOY I ETA PG IMY I VOY lETASH I tMy"| PROGRESS 9943S I 23/02/99 I fTUEI *****N I 24/02/99 fWEDI Accepting LVC cargo > Rwfii Container (SOC)/ (COQ AGENTS: SINGAPORE PANCON SHIPPING MARINE SERVICES PTE LTD. TEL: *****50 (6
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      125 41 LEGEND R Thunderstorm Temperature X\ V Shower Weather W ,nd d*ect,on w,th speedmknots Rom Cloudy Sky Wove height Surface winds ore mdicoted by arrows which fly with the wind C,rCt repfeS<n,S CO,m f and wmds W One hotf fleche represents 5 knots M r SenH 10 kn ,S n< SOM
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