The Business Times, 5 March 1999

Microfilm: NL21390
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 85e SINGAPORE Internet.: http://business-times.asial.com.sg/ FRIDAY, MARCH 5, 1999
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  • Article
    MARKET SUMMARY
    64 1 □m 1,433.41 (+17.60) RM L 3 MM (+8.11) flsmsanmnES U 213*80 (+2.50) gYMAMETMOOPe STOCK MAMET INDICES Thursday Change KLSECOMP IICH 4)1 NIKKEI *****41 +11» HANQSENO UI17I 984 SET INDEX S7J4 -417 JAKARTA COUP 394.16 -1.66 MANILA COUP _UV7J8 -1114 TAIPEI WPI MHL74 1.40 SEOUL COUP Mt» in CLSA
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  • Article
    FINANCE
    75 1 mm. BATES USS 81 US$ 1.731 £<US$/S$per£) HI I 17M EUI0(U8S/SS per E) LOW UBS DM 1-881 tMS YEN ffif L4!f KM 18M H4M HKJ 7.741 U24 BAirr tin iw HJPIAH MM UM' •nmmimM* immvam SINGAPORE' 1 U» KUALA LUMPUR 11.56 JAKARTA Kit BANGKOK 14.71 MANILA ..SJO HONGKONG 1126
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  • Article, Illustration
    Lock icon Housing loan war, rate cuts spark properly stocks
    837 1  -  Finance company lowers mortgage rates, two banks cut promotional rates By C Clarissa Tan, David Boey [SINGAPORE] Banks and finance companies are sharpening their claws for another round of competition in the housing loan arena, and cuts in their promotional rates stirred
    Source: Bloomberg  -  837 words
  • Article, Illustration
    Lock icon Yen hits 3-month low of 123, heightening yuan fears
    504 1  -  By: Larry Wee [SINGAPORE] The Japanese yen dived a sharp 1.5 per cent to a three-month low of 123 yen in Asian trading yesterday, bringing to the surface yet again speculation that the Chinese yuan may come under pressure should the
    Source: Bridge News  -  504 words
  • Article
    Lock icon Greenspan to older savers: don't put all your money in stocks
    252 1 Move to less risky assets as yon move closer to retirement, says Fed chief Reuters [WASHINGTON] Federal Reserve chairman Alan Greenspan on Wednesday warned older savers against keeping all their retirement money in stocks, especially highly valued Internet stocks.
    Reuters  -  252 words
  • Article, Illustration
    Goldtron says its chairman to be charged today
    338 1  -  By, Annette Pan [SINGAPORE] The chairman of Goldtron Ltd, Ong Soon Kiat, will be charged in court today for creating a false market in the company's shares between July and October 1995, the electronics company said yesterday. In a statement to the
    338 words
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      119 1 mum feactfca teHKMpt The Hongkong govt is resolved to revamp its financial infrastructure and will not let market conditions affect its plans to merge and list the securities and futures exchanges, senior government officials said, P|B USM tick fact Computer powerhouses IBM and Dell Computer Corp yesterday announced a USsl6b
      119 words
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      73 1 Centrepoint tops bidsfor Sengkang site, Pg 13 Bedok property battle: FCC stands to lose most, Pg 13 lilSf iP mufm jag Mortgage rates are competitive and likely to dip further, EM 13 ft 14 M Crisis at JC-MFH: Another victim of family debt, Ell 12 M Old 99-year units: View
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      10 1 NUS NMNMtrte StM§M mN Full report. Pg 2 >j£ 7v''>/V
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Government acquires 68 Margaret Drive houses
      263 2 THE government yesterday compulsorily acquired 68 double-storey terrace houses along Margaret Drive, known as Dawson Estate, because they do not fit development plans for the area and also because they are prone to flooding. The Land Office said the houses, which occupy a land
      263 words
    • Article
      Furniture makers told to outsource abroad
      216 2 SECOND Trade and Industry Minister George Yeo yesterday called on local furniture makers to turn to outsourcing overseas as Singapore's furniture trade fell 21 per cent last year to $777 million. Noting that the decline has put pressure on firms to look for new
      216 words
    • Article
      Corrections and clarifications
      56 2 IN yesterday's report "CIBC retrenches more staff but denies talk of closure", we erred in saying the Canadian Imperial Bank of Commerce merged with Toronto-Domin-ion Bank last year. The proposed merger, announced last October, was in fact cancelled in December, an executive from Toronto-Dominion Bank said yesterday.
      56 words
    • Article
      Economy could contract 0.3% this year, says ESU
      645 2  -  At best it could grow 0.4%; recovery delayed by depressed sentiment in the region and Japan Reports by, Anna Teo THE economy could contract by 0.3 per cent this year, and at best grow 0.4 per cent, with recovery delayed by depressed
      645 words
    • Article
      Why S'pore is less competitive
      522 2 Bise in exchange rate rather than higher labour costs the cause: NOS study EXCHANGE rate appreciation, rather than a sharp rise in labour costs, caused Singapore to become less competitive against the other Asian economies in the last two years, says a NUS study. Indeed,
      522 words
    • Article, Illustration
      Call to lift offshore banks' S$ lending limit
      301 2  -  By Clarissa Tan GERMAN state-owned bank Nord/LB would like to see the limit on Singapore dollar lending for offshore banks lifted altogether, in view of the opportunities in syndicated loans that will arise from privatisation plans here for the power sector. The
      301 words
    • Article
      Goldman sees S'pore rates trending up
      291 2  -  Yen to strengthen; 12-month forecast of S$ at L 72 to US$ Wong' Wei Kong SELLING the Singapore dollar against its trade-weighted basket, a profitable trade in recent months, is a strategy that is on its last legs as Singapore interest rates are expected
      291 words
    • Article
      First broadcasting scholarship awarded
      209 2 IN line with the Economic Development Board's drive to develop Singapore into a broadcasting hub for Asia, the board awarded a scholarship for studies in broadcasting under its TakashimayaEDB scholarship programme for the first time yesterday. "EDB's current focus (in the broadcasting industry) is to promote
      209 words
    • Article, Illustration
      Lock icon A ratio that tracks turning points
      378 2  -  EYE ON THE ECONOMY GDP By, Anna Teo AT over 47 per cent last year, the corporate share of Singapore's gross domestic product (GDP) far exceeded the ratio in the United States, Canada, France, Taiwan, and probably Japan and South Korea. The income approach
      Source: Dept of Statistics  -  378 words
    • Article, Illustration
      Lock icon Productivity board clarifies function of LEFS
      561 2  -  Finance scheme meant to jive easier access to credit, not offer cheap loans By l Carol Eng THE Local Enterprise Finance Scheme (LEFS) is meant to provide easier access to credit and not to offer cheap loans, the Singapore Productivity and Standards Board (PSB)
      SIEW YAW HOONG  -  561 words
    • Article
      SCV should consider reducing earnings from subscriptions
      265 2  -  LBTTBSS TO THB EDITOR Denis Distant I REFER to the article "SCV ponders lower entry fee but some channels resist idea" (BT, March 1) and find it hard to swallow that foreign companies like CNN and the Discovery Channel are in a position
      265 words
    • Article
      ECs should go private
      40 2  -  John Lim NOW that executive condominium prices are practically the same as private condominiums, the government should seriously consider letting these developments have ftilly private status, otherwise the whole EC scheme will be a laughing stock.
      40 words
    • Article
      EBRD's $150 m 5-year bonds its first in Sing$
      493 3  -  2nd supranational issue in S'pore in 4 days; it also makes concurrent issue of HKslb 3-year bonds By' Wong Wei Kong THE European Bank for Reconstruction and Development (EBRD) yesterday made its first bond issue in Singapore dollars, issuing $150 million
      493 words
    • Article
      Lock icon FPDA exercise to resume next month, says PM Goh
      446 3 Malaysia wants modifications, which are being worked ont The Straits Times (MELBOURNE] AN FPDA military exercise that has been dogged by uncertainty will take place after all next month, but Malaysia wants some modifications, said Prime Minister Goh Chok Tong yesterday.
      The Straits Times  -  446 words
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      170 3 W >» '<""■> i><M JH r* itta 1 Si 1 SE 1 st i jsippjj 1 o :e e2 r ate cur 56th Adversary, we are 'or every 2Ct* e 7 "*s' ycu cr^er r Pl/P*" r" *"r"£ i 3 w i« C. C»C 1/111 1/»» v S x 5
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  • FOCUS
    • Article, Illustration
      Moving towards a more open market
      3223 4 BG Lee gives his comments on the measures Singapore is taking to deal with the regional crisis and on S'pore-HK competition Extracts of Deputy Prime Minister Lee HsienLoong's interview with Radio Television Hongkong on Feb 2 and televised on March 1. Qi You have
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    • Article, Illustration
      Lock icon Where failure is rewarded
      516 12  -  There's a world of difference between the Washington way and the Silicon Valley system By. David Ignatius LAT-WP [SAN JOSE, California] BETWEEN visits to some of Silicon Valley's hottest companies last week, I found myself puzzling over a question: What is it that makes the high-tech
      LAT-WP; FILE PHOTO  -  516 words
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      28 4 4« EXECUTIVE mm Xihityfc Dont leave the office A/j without them J_ VIOIW/U Every Fr i<toy... in THE BUSINESS TIMES. v y Must reading for your long weekend.
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Call to put Indon state firms under anti-monopoly law
      619 5  -  This pins economic liberalisation would aid growth over next decade: US economist From\ Shoeb Kagda in Jakarta INDONESIA will generate billions of dollars in new economic growth over the next decade if a new law to abolish monopolies is extended to
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    • Article
      Lock icon Korea aims to stabilise interest rates
      344 5 Bloomberg [SEOUL] South Korea's central bank said yesterday that it would adopt a "flexible" monetary policy this month to stabilise interest rates at current levels or slightly lower. The government has been lowering interest rates to encourage corporate investment and private spending to bolster
      Bloomberg  -  344 words
    • Article, Illustration
      Lock icon Japanese banks seek 7.5t yen injections
      350 5 AFP [TOKYO] Japan's top 15 banks formally asked for a combined 7.46 trillion yen (*****.5 billion) in lifeline cash injections from the government yesterday to help them clear out bad loans, officials said. The money, which will be poured into the banks at the
      AFP; REUTERS  -  350 words
    • Article
      Lock icon Four Indon banks to be recapitalised
      253 5 Bridge News [JAKARTA] The Indonesian Bank Restructuring Agency (Ibra) is preparing to recapitalise four banks that it nationalised last year, Ibra said in a statement yesterday. The four banks are Bank Central Asia (BCA), Bank Danamon, Bank Tiara and PDFCI. Although Ibra did not
      Bridge News  -  253 words
    • Article
      Lock icon China to stimulate consumer spending to boost economy
      443 5 Central bank urges more liberal consumer loans AFP [SHANGHAI] China's central bank has urged all state commercial banks to begin issuing individual consumer loans in a dramatic reform aimed at pumping life into the deflationary economy, official newspapers reported yesterday. The People's
      AFP  -  443 words
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      200 5 I This is an indicative interest rate for a USD base Premium Deposit with tenures up to one month using the prevailing spot rate as of February 24, 1999, with YEN as the alternate currency. Minimum deposit amount for USD YEN cnrreacy pair it USDSO.OOO. Minimum depoait amounts vary for
      200 words
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      215 6 THE BELGIUM DUMOND FAIR Diamond solitaires cut and certified in Belgium: Certificates are from Belgium and issued by International Gemmological Institute, Antwerp, Belgium (IGI) Best Collection Designs Solid White Gold w* l wanna j J I t—WD iiwgwny—igwagguMi mmm yecyeo<perteini^ntrS?fsdv^haN^olcyl!ere of crydalographlc.opNcof and phenomenon. I The tdenlWoatton of the various
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  • REGION
    • Article
      Calls for Ambon jihad will complicate situation: Amien
      443 7  -  Small group of radicals trying to spread fear, says political analyst From\ Shoeb Kagda in Jakarta ISLAMIC opposition leader Amien Rais said yesterday that recent calls for a holy war or jihad against Muslim killings in Ambon were unnecessary and would complicate
      443 words
    • Article
      Lock icon Anwar attack unprovoked, says lead investigator
      472 7 INQUIRY INTO ASSAULT ON ANWAR Charge Rahim with attempted murder, lawyer urges AFP [KUALA LUMPUR] The beating of ousted deputy premier Anwar Ibrahim by Malaysia's then-police-chief was "calculated" and "unprovoked", the lead investigator in a public inquiry into the assault said yesterday. In a
      AFP  -  472 words
    • Article
      Lock icon Police question Azizah about weekend rally
      118 7 KUALA LUMPUR AFP MALAYSIAN police were interrogating the wife of ousted deputy premier Anwar Ibrahim late yesterday over her appearance at a weekend opposition rally in support of her husband. "They have taken a statement in regards to my speech," Wan Azizah Wan Ismail
      AFP  -  118 words
    • Article, Illustration
      Lock icon Ummi a compulsive liar: brother
      337 7 KUALA LUMPUR Reuters THE chief accuser of ousted Malaysian finance minister Anwar Ibrahim is a compulsive liar, her brother told a court yesterday. Azmin Ali, the former private secretary of Anwar, also said he did not believe allegations by his younger sister, Ummi Hafilda Ali,
      Reuters; REUTERS  -  337 words
    • Article
      Lock icon Albright seen focusing on East Timor issue
      237 7 JAKARTA Students and troops clash in Jakarta ahead of her arrival AFP US SECRETARY of State Madeleine Albright arrived in Indonesia yesterday for a packed two-day visit and went straight into talks with Foreign Minister Ali Alatas expected to focus on East Timor.
      AFP  -  237 words
    • Article
      Lock icon Albright urges Thais to press on with reform
      273 7 BANGKOK Reuters US SECRETARY of State Madeleine Albright praised Thailand's economic reform efforts yesterday but stressed the need to press on with legislation, particularly on labour rights, to ensure the process continued. "In my meetings with Thai officials, I expressed backing for
      Reuters  -  273 words
    • Article, Illustration
      Lock icon China's Parliament kicks off debate on constitutional changes
      460 9 BEIJING Amendments aimed at boosting private sector, advancing thernleoflaw Reuters CHINA'S annual parliamentary debate kicks off today to review landmark constitutional amendments aimed at giving a boost to the burgeoning private sector and advancing the rule of law. For the next 11
      Reuters; AFP  -  460 words
    • Article
      Lock icon China Parliament won't discuss HK right of abode
      220 9 BEIJING AFP CHINA said yesterday its Parliament would not be discussing a ruling by the Hongkong Court of Final Appeal on right of abode which sparked a row with Beijing. "This matter is not on the agenda of the NPC," National People's
      AFP  -  220 words
    • Article
      Lock icon HK govt imposes news blackout on talks with Walt Disney Co
      386 9 HONGKONG It fears reports may hurt its position as it works out a deal Reuters THE Hongkong government yesterday imposed an information blackout on intensive talks with The Walt Disney Co over a new theme park for the territory.
      Reuters  -  386 words
    • ASIA Briefs
      • Article
        Lock icon China set to okay Shenzhen LNG plant
        79 9 Reuters {LONDON] China is set to grant approval for a multi-billion dollar project centred on the country's first liquefied natural gas import terminal, the Financial Times reported yesterday. It quoted industry executives as saying the state council, or cabinet in Beijing was examining
        Reuters  -  79 words
      • Article
        Lock icon S Korean bad loans down 6% in Q4
        73 9 Bloomberg [SEOUL] South Korea said loans that may never be recovered by the nation's financial system fell 6 per cent in the fourth quarter of 1908 from the previous quarter as a government agency bought bad loans. Non-performing loans at banks, brokerage
        Bloomberg  -  73 words
      • Article
        Lock icon China lawmakers call for Net crime law
        86 9 Reuters [BEIJING} A group of Chinese lawmakers have called for legislation to combat rising Internet-related crime, the official Xinhua news agency said. China has uncovered nearly 100 cases involving computer hackers, but many have gone unpunished as the nation has no special law
        Reuters  -  86 words
      • Article
        Lock icon Taipei doubles aid to small businesses
        65 9 AFP (TAIPEI) Taiwan's government will more than double financial assistance to small businesses to NT$3O2 billion (5515.8 billion) to help them overcome an economic downturn. A government credit guarantee fund set up to aid small businesses will be increased from NT$l4O billion to NT1290
        AFP  -  65 words
    • Article
      Lock icon 3 Guangdong Inv units to postpone repaying principal
      258 9 HONGKONG Only interest to be paid while group is restructured Reuters THREE units of the Guangdong Investment group (GDI) said yesterday they planned to postpone all principal debt payments until the group has completed restructuring. The standstill would involve Guangdong Investment Ltd,
      Reuters  -  258 words
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      199 7 Citibank offers you up to 8% p.a. interest on a USD EURO Premium Deposit. Visit one of our branches toda\ to take advantage ol the hiyh rates. Or call (is(KI) 335-(S 1 )22. I CITIBANK j feAMH -gg/k sSSS i SSs^KSSissr^ TheßusinessTimes For sharper, faster and deeper analysis on the
      199 words
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  • REACTION TO HONGKONG BUDGET
    • Article, Illustration
      HK determined to merge and list exchanges
      489 8  -  Market conditions won't affect its financial revamp Fromi Quak Hiang Whai in Hongkong THE Hongkong government is resolved to revamp its financial infrastructure and will not let market conditions affect its plans to merge and list the securities and futures exchanges, senior government
      489 words
    • Article
      S'pore won't lose sleep over HK exchanges merger: traders
      379 8  -  By I Siow Li Sen [SINGAPORE] The merger of Hongkong's stock and futures exchanges won't cause the Singapore authorities to lose any sleep as it is all part of a worldwide trend. In any case Singapore continues to attract investors with
      379 words
    • Article
      HK's Silicon Valley won't be a threat to M'sia's MSC
      434 8  -  MNCs may want to be in both places to reach Asean, China From, Diana Oon Abdullah in Kuala Lumpur HONGKONG'S plans to create a Silicon Valley will not be a threat to the development of Malaysia's Multimedia Super Corridor (MSC),
      434 words
    • Article
      MNCs examining HK's Cyberport potential
      456 8  -  They'll see how it develops before in vesting analysts By] Raju Chellam [SINGAPORE] IT multinational companies are weighing the potential that Hongkong's proposed Cyberport represents before committing people and funds to specific projects at the new facility. Market analysts feel most companies will wait for
      456 words
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      45 8 I Truth: I I Our 1 I additive^ fey scandals the Far Eastern Economic Review has never been J I %f Our award-winning correspondents IF high standards have make events J J J I'll Asia, the J 11 to the Review. When comes to the
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      313 9 Citibank offers you up to 6% p.a. interest on a USD SGD Premium Deposit. isit one of our brandies toda\ lo take advantage of the high rates. Or eall (isOO) 335-5922. CITIBANK y Ifryiiin in iKn ii > m It yoi want your business to prom from: «lllWUfcfc Short Cycle
      313 words
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  • THE WORLD
    • Article
      Lock icon German GDP in Q4 shrinks 0.4%, 1st fall in 3 years
      424 10 FRANKFURT Fears of dwindling growth and deflation fuelling unemployment Bloomberg Reuters THE German economy contracted 0.4 per cent in the fourth quarter, shrinking for the first time in three years, as recession in Asia and slower growth in Europe
      Bloomberg; Reuters  -  424 words
    • Article, Illustration
      Lock icon Europe needs rate cuts: Lafontaine
      255 10 ROME Reuters GERMAN Finance Minister Oskar Lafontaine argued again for rate cuts in an interview published yesterday, saying Europe had much to learn from the United States. "My advice is simple: let's look at the United States, which has proved the best able to to
      Reuters; FILE PHOTO  -  255 words
    • Article
      Lock icon EU slams US over punitive tariffs in banana row
      484 10 BRUSSELS Washington risks major trade war, it warns AFP Reuters THE European Union yesterday warned that a US decision to hold EU imports liable for punitive tariffs in the row over banana imports could spark "a major trade confrontation". EU Trade
      AFP; Reuters  -  484 words
    • Article
      Lock icon EU warns China and US against special WTO deal
      457 10 BRUSSELS Reuters Bloomberg THE European Union warned the United States and China yesterday not to negotiate China's entry to the World Trade Organisation (WTO) on terms that granted special favours to Washington. European Trade Commissioner Leon Brittan issued the warning in
      Reuters; Bloomberg  -  457 words
    • Article, Illustration
      Lock icon Who can afford to buy?
      43 10 [ST PETERSBURG] An elderly woman passing by a window shop where an undressed model holds a "sale" sign. The Russian population is suffering firm poverty and shortages as the result of the economic crisis in the country. AFP
      AFP  -  43 words
    • Article
      Lock icon I had abortion during Clinton affair: Lewinsky
      333 10 LONDON Reuters AFP MONICA Lewinsky says in a book published yesterday she had an abortion during her affair with Bill Clinton following a romance with a Pentagon official, the British tabloid Mirror reported. The newspaper, which has rights to serialise the book Monica's
      Reuters; AFP  -  333 words
    • Article
      Lock icon Trade group seeks Microsoft revamp
      189 10 NEW YORK Reuters THE Software and Information Industries Association said Microsoft Corp should restructure if it loses its antitrust trial, the Wall Street Journal reported yesterday, citing a confidential report from the trade group. The group represents 1,300 software and computer makers and publishers. The
      Reuters  -  189 words
    • Article, Illustration
      Lock icon American wives handle trouble like true ladies – with class
      564 10 American wives handle trouble like true ladies with class LAT-WP AN American wife complained to Ann Landers last week that her swine of a husband is always getting calls from floozies who hang up when she answers. Her beef was with the bimbos. "I just wish these women would give
      LAT-WP; AFP  -  564 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Foreign policy becomes Viagra of Washington
      838 11  -  TBB BOTTOM UMB OPINION By Leon Hadar The writer is BTs Washington correspondent WHEN it comes to US foreign policy and national security, there is only one political party in Washington these days. Call it the WORS (World's-Only-Remaining-Superpower) Party. Both the Clinton administration and
      838 words
    • Article
      IN OTHER WORDS
      90 11 'As you move closer and closer to retirement, you (should) move to less and less risky assets. If you have everything in equities, if you have everything in Internet stocks, you're in real trouble.' -Alan Greenspan US Federal Reserve chairman, on risk associated with individuals investing in
      90 words
    • Article
      Tsang's anti-recession Budget
      599 11 EDITORIAL HONGKONG Financial Secretary Donald 'Tsang's Budget proposals will go some way towards silencing detractors who have accused the government of not being sufficiently active in seeking out new business opportunities. It seems Hongkong has been quietly active. It has wooed the Walt Disney Co into discussions
      599 words
    • Article, Illustration
      Lock icon Does the world economy face threat of deflation?
      865 11  -  Current signs are contradictory bat any deflation will nnsettle the social and political order By. Robert Samuelson Washington Post Writers Group IN the history of the past 30 years, the rise and fall of inflation plays a huge and unheralded role in
      Washington Post Writers Group  -  865 words
    • Article, Illustration
      Article on yakuza influence fictitious
      577 11  -  ItfATT.PAT Hiroshi Hashimoto THE Forbes magazine article headlined "The bane of Japan's public works" reproduced in BT, Feb 20-21, states that politicians, bureaucrats, gangsters and construction Arms are deeply into each other's pockets. This article creates misunderstanding and misperceptions among readers about public infrastructure developments
      577 words
    • Article
      WHAT THE OTHERS SAY
      366 11 THERE is a historic opportunity to end the East Timor conflict, which has cost the lives of 200,000 East Timorese since Indonesia invaded and occupied the former Portuguese colony in 1975. The government of President B J Habibie has said it is ready to end its
      366 words
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      99 12 r -m I a™ many imtustrkius leaders but precious^ leaders of industry. Justus Uiere are many but only rii \JkT h£\i\ 1 S J, r v v A, xv y V-*IT !■£«s* $l'-i #1 i) -f""' |SJ W® X r#sii ft i* .f. "J Jt ij ll AIT A Al7
      99 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Centrepoint tops bids for Sengkang site
      659 13  -  Its $1723 m bid falls within the expected range of $150 m to $200 m By i Corinne Kerk [SINGAPORE] Centrepoint Properties yesterday emerged as the top bidder for a Sengkang site in a tender that attracted most of the big developers, although the
      SIEW YAW HOONG  -  659 words
    • Article, Illustration
      JC-MPH wrt: DBS Securities warns of pitfall
      469 13  -  By< Conrad Raj [SINGAPORE] The Jack Chia-MPH warrant is likely to be worthless in any takeover of the company in the near future because the parent shares are nowhere near the warrant conversion price of $1.15, DBS Securities has warned its clients. The
      469 words
    • Article
      Bedok property battle: FCC stands to lose most
      677 13  -  HOCK LOCK SIEW Ang Wan May TIWO big 99-year leasehold condominium projects have been launched for sale in the Bedok Reservoir area, with another to join them anytime soon. How they are received by home-buyers will serve as a strong indicator of
      677 words
    • Article
      Inchcape Marketing profit slumps 30%
      439 13  -  Earnings fall to $5.6 m; turnover slips 17%t0523L8m By. Annette Pau [SINGAPORE] Inchcape Marketing Services (IMS), the target of an ongoing controversial takeover, yesterday posted a 30 per cent slide in net earnings for FY9B to December to $5.6 million. Turnover fell 17 per cent
      439 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon HSBC may buy stakes in Malaysian banks
        439 14  -  If invited, we will 4ook at it, says group chairman "From, Eddie Toh in Kuala Lumpur NANKING heavyweight "HSBC Holdings is keen to j>lay a bigger role in the consolidation of the Malaysian "banking sector. Group chairman John Jiond yesterday did not rule
        FILE PHOTO  -  439 words
      • Article
        Jaya shares spring to life, soaring 20% in three days
        457 14  -  Daily turnover jamps to lm from 70,000 one-month average By. Louis Beckerling -"[SINGAPORE] Long-dormant Indonesian counter Jaya I' Holdings exploded into action --this week, surging some 20 per cent in value over the past three days on massively in- creased
        457 words
      • Article, Illustration
        Lock icon NEL shares up after earnings surge
        209 14  -  By, Annette Pau [SINGAPORE] The Natsteel Electronics stock gained 10 cents yesterday, closing at $4.86 after its spectacular results showing on Wednesday. About 1.06 million shares changed hands, with the counter hitting a day-high of $4.90. The electronics contract manufacturer had for FY9B doubled
        Source: Bloomberg  -  209 words
      • Article
        Brierley posts NZ$151m interim loss
        463 14  -  From] Russell Baker in Sydney TROUBLED New Zealand investment company Brierley Investments (BIL) suffered a NZ5151.3 million (557.9 million) loss in the half-year to Dec 31, 1998 but expects to report a profit for the full year. The interim loss was due almost entirely to
        463 words
      • Article
        Lock icon Datacraft Asia chairman sells 3m shares to parent company
        395 14 Bloomberg [SINGAPORE] Datacraft Asia Ltd's chairman Des Althorp sold more than a third of his stake this week in the provider of communications networks to the company's parent, South Africa-based Dimension Data Holdings Ltd. Mr Althorp sold three million shares for
        Bloomberg  -  395 words
      • Article
        Telekom net slumps 46% on higher depreciation charge
        697 14  -  Core ops healthy bat RM2.5b depreciation more than forecast From Ruth Wong m Kuala Lumpur MALAYSIA'S largest phone company, Telekom Malaysia, yesterday reported a 45.9 per cent slump in group earnings to a lower-th an-expected 991.1 million Malaysian ringgit (*****.2 million) for
        697 words
      • Article
        Lock icon SembCorp Industries denies talk of ST Logistics' pact with GE in China
        191 14 AFX-Asia [SINGAPORE] SembCorp Industries said market rumours that subsidiary ST Logistics has signed an agreement to manage logistics services for the General Electric group in China is untrue. A SembCorp Industries spokeswoman said the company has said it
        AFX-Asia  -  191 words
      • Article
        S'pore investor set to control Monto
        223 14  -  From Russell Baker in Sydney SINGAPORE businessman Lim Hwee Meng is set to take control of Australian-listed resources group Monto Minerals, which owns the Goondicum ilmenite project in Queensland. Mr Lim, who is chairman of the LHK Group, has agreed to provide Monto with
        223 words
      • Article
        Lock icon IBM, Dell unveil US$16b technology pact
        337 15 Tie-np expected to boost Big Bine's sales, offer Dell advanced technology Bloomberg AFP [NEW YORK] Computer powerhouses IBM and Dell Computer Corp yesterday announced a US$l6 billion (5527.7 billion) tie-up that will ring in substantial sales for big blue and yield muchneeded advanced technology
        Bloomberg; AFP  -  337 words
      • Article
        Lock icon TAC parent Ucom seeks foreign partner
        254 15 Reuters [BANGKOK] Thai telecom group United Communication Industry pic, parent of Total Access Communication, said yesterday it was actively seeking a big foreign partner to take an equity stake in the company and hoped to agree on a deal within the next year. Chief
        Reuters  -  254 words
      • Article
        Lock icon Wing Hang net profit plunges 42%, NPLs sharply up
        329 15 Reuters [HONGKONG] Wing Hang Bank Ltd, in which Singapore Technologies Group has a 5 per cent stake, said yesterday that its net profit had plunged 42 per cent and its non-per-forming loans (NPLs) had surged to 4.37 per cent of the
        Reuters  -  329 words
      • Article
        Lock icon Intria may cut capital and sell Costain stake
        509 15 Plans being made to avert default on debts of RM7lBm Bloomberg [KUALA LUMPUR] Intria Bhd may force its major shareholders to take a hit and sell assets, including its stake in Britain's oldest construction firm Costain pic, to avert a default on
        Bloomberg  -  509 words
      • Article, Illustration
        Lock icon Hello, meet my boyfriend Daniel Star
        50 15 [TOKYO] Japanese popular cartoon cat, Hello Kitty (left) introduces her boyfriend Daniel Star (right) on Wednesday in Tokyo as the Japanese top manufacturer of character goods, Sanrio Co Ltd, unveils him as part of its projects to celebrate the 25th anniversary ofKitty's debut. AFP
        AFP  -  50 words
      • Article
        Lock icon HK & Shanghai Hotels loses HK$1.8b
        223 15 HK Shanghai Hotels loses HK$1.8b Bloomberg [HONGKONG] Hongkong Shanghai Hotels Ltd, which owns the city's landmark Peninsula Hotel, said yesterday that it lost a net HK$l.B billion (Ss4o3 million) in 1998 as its provisions quadrupled because of a drop in value in its hotel properties and investments overseas. It lost
        Bloomberg  -  223 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Rolls-Royce profit hits record £260 m, up 15.5%
        375 16 Bloomberg [LONDON] Rolls-Royce pic, the UK jet engine-maker, posted a 15.5 per cent increase in 1998 profit after delivering 50 per cent more civil engines than the prior year as it benefited from a boom in orders in the mid-90s. The engine-maker
        Bloomberg  -  375 words
      • Article, Illustration
        Lock icon Sony, Toshiba in venture to make Play Station 2 chips
        340 16 Bloomberg [TOKYO] Sony Corp, the world's No 2 consumer electronics maker, and Toshiba Corp, Japan's second-largest microchip producer, said they'll form a joint venture to produce computer chips to be used in the video game player that will succeed the
        Bloomberg; AFP  -  340 words
      • Article
        Lock icon Royal & Sun Alliance selling US life business to Swiss Re
        382 16 Royal Sun Alliance selling US life business to Swiss Re Insurer also returning £750 m to shareholders Bloomberg Reuters [LONDON] Royal Sun Alliance Insurance Group pic, Britain's fourth-largest insurer, said it would return £750 million (SS2.I billion) to shareholders and sell its US life insurance business as it seeks to
        Bloomberg; Reuters  -  382 words
      • Article
        Lock icon Cable & Wireless mulls takeover oF IDC:reports
        101 16 Cable Wireless mulls takeover oF IDC:reports AFP [TOKYO] British telecoms group Cable and Wireless pic, parent firm of Hongkong Telecommunications, is considering taking over Japan's long-distance call carrier, International Digital Communications Inc (IDC), reports said yesterday. Cable and Wireless is looking to take control of the Japanese firm by purchasing
        AFP  -  101 words
      • Article
        Lock icon David Dorman to head BT-AT&T tie-up
        331 16 Venture offers voice, data, Net services to large global firms Bloomberg [LONDON] British Telecommunications pic (BT), the No 1 UK phone company, and AT&T Corp, the largest US long-distance phone company, said they named David Dorman to head their planned US$lO billion (5517.3 billion)
        Bloomberg  -  331 words
      • Article
        Lock icon US start-up firm to offer after-hours trading
        334 16 Eclipse plans to set up electronic market for small investors Reuters [NEW YORK] Two former Securities and Exchange Commission (SEC) lawyers and two computer experts are pooling their skills to create a place where small investors can trade stocks after market hours, just
        Reuters  -  334 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Monsanto shares surge 6% on report of DuPont merger talk
        695 17 Deal may be worth USs2Bb; will create world's top drags, agriculture group Bloomberg [ST LOUIS] Monsanto Co shares rose 6 per cent on Wednesday after the New York Times reported the company is in talks to merge with DuPont Co,
        Bloomberg  -  695 words
      • Article
        Lock icon Canal Plus, BSkyB talks break down
        307 17 Bloomberg [PARIS] Canal Plus SA, Europe's biggest pay-television company, said yesterday that talks on an alliance with No 2 British Sky Broadcasting pic broke down alter it failed to win assurances it would have management control. Talks were suspended after a meeting between Rupert
        Bloomberg  -  307 words
      • Article
        Lock icon IBM, others develop way to stop DVD audio copying
        300 17 Bloomberg [ARMONK, New York] International Business Machines Corp (IBM), the world's No 1 computer maker, and three other companies have developed a way to prevent illegal copying of DVD audio, removing a barrier to unveiling a new music, format. Intel Corp,
        Bloomberg  -  300 words
      • Article, Illustration
        Lock icon HP split: moves didn't go far enough, say analysts
        653 17 The two new firms aren't specialised enough: investors Bloomberg [PALO ALTO, California] When he was mulling ways to restore Hewlett-Packard Co to health, chief executive Lew Piatt considered breaking the company into three parts before settling on two, the plan he
        Bloomberg  -  653 words
      • Article
        Lock icon IPO bells ring for David's Bridal
        479 17 Bloomberg [WASHINGTON] David's Bridal Inc, a national chain that sells wedding gowns off the rack, filed with the US Securities and Exchange Commission for a US$l6O million (*****.5 million) initial public offering. The company, based near Philadelphia in Ardmore, Pennsylvania, plans to sell common
        Bloomberg  -  479 words
      • Article
        Lock icon UK's GKN, Italy's Agusta set to merge helicopter units
        386 17 Europe's biggest copter maker would have £5b order book FT [LONDON] GKN, the UK engineering group, expects this month to unveil a merger of its helicopter interests with Agusta of Italy, creating Europe's largest helicopter manufacturer. It is believed the merged
        FT  -  386 words
      • Article
        Lock icon Kellogg in major management revamp
        377 17 SHAKHUP ATTHBTOP FT [CHICAGO] Kellogg on Wednesday launched a major sweep of senior management positions, coupled with a number of new appointments, in the latest effort to get its ailing cereals business back on track. Among those leaving the company are John Hinton, chief financial
        FT  -  377 words
      • Article
        Lock icon Two top Mattel executives leaving amid management shakeup
        321 17 Bloomberg [EL SEGUNDO, California] Mattel Inc, the world's largest toymaker, said two top executives will resign as part of a management shakeup in which Mattel's biggest divisions will report directly to chairman and chief executive Jill Barad. Mattel, whose brands include Barbie
        Bloomberg  -  321 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon CFTC to open US to overseas futures exchanges soon
        357 18 Commission plans to let foreign exchanges place trading terminals in US Bloomberg (WASHINGTON] The Commodity Futures Trading Commission (CFTC) will "shortly" open US markets to foreign futures exchanges, chairman Brooksley Born said on Wednesday. This runs counter to earlier reports which
        Bloomberg  -  357 words
      • Article
        Lock icon Hutchison launches 500 m euro bond
        357 18 Reuters [LONDON] Hongkong-based Hutchison Whampoa on Wednesday became the first non-Japanese Asian corporate to launch a Eurobond in the new European single currency. Hutchison is the Hong-kong-based holding company for tycoon Li Ka-shing's global businesses in real estate, telecommunications, ports, natural resources and other
        Reuters  -  357 words
      • Article
        Lock icon Goldman to go public by middle of the year
        457 18 Investment bank hopes to raise USS2JH> to USs3J>b NYT [NEW YORK] Barring a repeat of the stock market slump that undid its carefully laid plans last autumn, Goldman, Sachs Co, the last big private investment bank in the United States, will
        NYT  -  457 words
      • Article
        Lock icon Major US films issue bonds even as Treasury rates rise
        287 18 Bloomberg [NEW YORK] US companies are lining up to raise money in the corporate bond market, even after the worst month for US Treasury bonds in almost two decades made it more expensive. AT&T Corp, the largest US telephone company
        Bloomberg  -  287 words
      • Article
        Lock icon Buffett unit offers cover on the Net
        315 18 Firm cats out agents, consumers save on commission Bridge News [NEW YORK] Berkshire Hathaway Life Insurance of Nebraska rolled out an Internet sales effort for its annuities and life insurance products late Tuesday, the company, chaired by Warren Buffett reported yesterday. The subsidiary
        Bridge News  -  315 words
      • Article
        Lock icon Liberty calls off bid for SocGen unit
        279 18 It s&ys plunge in agreed-upon levels Reuters [BOSTON] Massive redemptions at Societe Generale's US fund unit last year caused the cancellation of its planned US$2l6 million (*****.6 million) sale to Boston-based Liberty Financial Cos Inc, Liberty said. "There were provisions related to the
        Reuters  -  279 words
      • SMALL Change
        • Article
          Lock icon net profit up 24.5%
          53 18 AFP (THE HAGUE] The Dutch insurance group Aegon go Wednesday said that its net profit in 1998 increased by pensions boosted business. It posted a net profit in 1996 of 2.748 billion guilders (552.4 billion), an increase of *L 5 f per cent over the previous
          AFP  -  53 words
        • Article
          Lock icon Taiwan's First Beak to write of NT
          106 18 AFP [TAIPEI] Taiwan's First Commercial Bank said W»rl wwrtsy it would write off a minimum NT$B billion (*****.1 million) in bad debts this year. It is targeting its non-performing loan ratio at 4 per cent of total loans op itabooks, which it expects
          AFP  -  106 words
        • Article
          Lock icon Webber to buy 25% of Kingdom
          55 18 Bloomberg 3 {NEW YORK] PaineWebber Inc, the filth-biggest US brokerage, said it agreed to buy 2S per cent of Kingland Cos, which develops Internet site* and online trading for r v WnOTriil owrlqw iwrnpankn IW«M nffhm I weren't disclosed. Sources said Paine Webber paid
          Bloomberg  -  55 words
        • Article
          Lock icon Chevron to finance Thai project
          71 18 Bloomberg [HOUSTON] Chevron Corp, the fourth-largest US oil company, will provide Rutherford-Moran Oil Corp. a company it is buying, with fbnds it needs for work on an oil and natural gas field In Thailand. Chevron will finance the project until it completes its USs3BBmfllion (*****.6
          Bloomberg  -  71 words
        • Article
          Lock icon Welch Careon buying Concentra
          86 18 Bloomberg W [BOSTON] Concentre Managed Care Inc. which helpe insurers and employers manage workers' compensation expenses, agreed to be bought by investment firm Welsh, Carson, Anderson AStowe tor about US$l.l billion (351.9 billion) in cash and debt after failing to meet investors' profit and performance goals.
          Bloomberg  -  86 words
      • Article
        Undertone firm on talk of rate cuts
        196 19  -  Reports MSCX Singapore Index Bob Butcher IT was all about interest rates yesterday but it still didn't stir up much trading interest. Japanese interest rates crept even lower. Rumours abounded that the other major banks would follow DBS in cutting interest rates. This
        196 words
      • Article
        Futures down on bank, chip worries
        215 19  -  MSGlTaiwan (Mores Juliana Loo Na Na THE Simex MSCI Taiwan Stock Index futures contract plummeted 3.3 points in the March '99 contract yesterday. The Taiex feU 9.4 points to 6,393.74 amid concerns that the rising supply of semiconductor stocks is hurting the product prices.
        215 words
      • Article
        Lock icon Declining US stocks send crude oil prices to two-month high
        269 19 ENERGY REPORT Bloomberg [NEW YORK] Crude oil rose more than 3 per cent to a twomonth high, gaining for a third straight day, as declining US inventories signalled a strengthening of demand after a disappointing winter heating oil season. "The
        Bloomberg  -  269 words
      • Article
        Lock icon CURRENCY REPORT
        302 19 Reuters IrMUItH THE yen ceded further ground to the dollar yesterday but analysts said so long as the slide was controlled Japan's monetary authorities would not be losing any sleep. The dollar piled on more gains in the European session, breaking the 123-yen level and setting a fresh
        Reuters  -  302 words
      • Article, Illustration
        Untitled
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        968 words
      • Article
        Untitled
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        1,337 words
    • Article, Illustration
      Lock icon HONGKONG
      1294 20 Reuters Q Hang Seng -9.64 HONGKONG stocks closed mildly lower yesterday as investors greeted the territory's 1999/2000 Budget with some profit-taking but failed to panic over the government's plans to cut its blue chip shareholdings. The Hang Seng Index closed off 9.64 points or 0.10 per cent at 9,912.76
      Reuters  -  1,294 words
    • Article, Illustration
      Lock icon CHINA
      533 20 Reuters n Shenzhen B Index 4jj SHENZHEN'S hard currency B shares ended lower yesterday as foreign investors slashed positions amid pessimism over 1998 corporate earnings, analysts said. The B Index shed 0.24 point, or 0.52 per cent, to 45.22 as turnover swelled to HK$6.6 million from HK$3.6 million on
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  533 words
    • Article
      Lock icon TAIPEI
      346 20 AFP QWP Index -9.40 TAIWANESE stocks fell 0.1 per cent yesterday as late selling wiped out early gains in active trading, analysts said. The Weighted Price Index slipped 9.40 points to 6,393.74, following a 2.2 per cent rise in the previous session. "Follow-through buying was robust in early trade
      AFP  -  346 words
    • Article
      WORLD STOCK MARKETS
      2271 20 LONDON MHfeHI W-4 Nuci 31 Group 613.000 7.000 AB Ports 272.000 5.000 AMwy National 1216.460 *0.810 ANiad Domacq 495.400 6.400 AMad Zurich 914.000 4.600 Amac 197.000 2.000 Asda Group 148.000 -5.000 BATH* 560.000 -5.400 BG Pic 350.600 3.600 BtCC 81.000 -2.400 BOC Group 850.000 -9.000 BR Patroiaum
      2,271 words
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      Lock icon TOKYO
      1578 20 AFP P Nikkei 225 +13JI SHARE prices in Tokyo firmed 0.1, per cent yesterday with market players staying cautious despite the weak yen, brokers said. The day's rise "was dull, considering the yen's drop", said Masaaki Higashida, investment information deputy head at Nomura Securities. "Share prices could not escape
      AFP  -  1,578 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Market firms slightly on technical rebound
        388 21 AFP AFX-Asia Composite Index +136 SHARE prices closed 0.7 per cent higher yesterday on a mild technical rebound after recent losses but seUing pressure kept gains minimal, dealers said. The KLSE Composite Index rose 3.36 points to finish at 516.59, while the Second Board
        AFP; AFX-Asia  -  388 words
      • Article
        Untitled
        8212 21 MOUSTWIALS Commntr prodvcts Last Vol Day Nat Cap leer Cimpin. S«H 'OOP High Lw Pit >mil 83 2 W iEg?*- go -2 2 270 270 M.9 109.4 204 MO ■SSvISd*' 2 ,22 8 0 92 0 600 450 CfcCftntHS £2 51 ,48 140 29 '0O5.2 244 183 CM.SSS' unch 4
        8,212 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        1912 22 BONDS, LOANS ft VARIANTS ■gjg C—M»Y *£2 co£, £3 J® 3 3160 -Acar ******1 US$ 11.5 ~t 4 OS n5 115 125 4 5 alt* UftCtl 148 17 165 17 175 17 3161 AIITaeh W*****7 28 5 39 59 5 J< 3052 A 020 USS 8 5 uneh 80 8.5
        1,912 words
      • Article
        Jack Chia-MPH wrt: switch to shares
        212 22  -  WARRANT WATCH -By R Sivanithy INTEREST in the Jack Chia-MPH warrant has been feverish of late, fuelled mainly by speculation that the company may be taken over, possibly by the Hong Leong group. However, as DBS Securities pointed out yesterday, these warrant buyers could
        212 words
      • Article
        CLOB INTERNATIONAL
        218 22 H0MM0N6 STOCKS Or cr 52-W* Laat Vol Day LMt Oueto Mi B« W M HCa High Low Stno Company U* rOOO) Hlg» Low Buyor So*f tv p/| 5123 COL (2000) HK 400 19S 220 8 2.4 2 20.5 7744.7 5124 Cattwy Poc 20c HK—720 265 2.1 7-4 6
        218 words
      • Article
        Lock icon WELLINGTON
        254 22 AFP nWeDingtop <Uj NEW Zealand shares closed 0.3 per cent higher yesterday, pulled up by Telecom Corp. "We've had another day with real lack of direction from US market overnight," a dealer said The NZSE-40 Index was up 0.3 per cent, rising 6.02 points to 2,163.79 on turnover of
        AFP  -  254 words
      • Article, Illustration
        Lock icon BANGKOK
        756 22 AFP P SET Index -437 THAI share prices fell 1.3 per cent yesterday in light trade led by selling in the bank and finance sectors, analysts said. The index moved lower with a lack of strong fresh leads to spur buying and with many investors sidelined on renewed concerns
        AFP  -  756 words
      • Article
        Lock icon SEOUL
        405 22 AFP P Composite Index -120 SOUTH Korean share prices edged down 0.4 per cent yesterday in volatile trade, with pressure from a weaker yen offset by bargain hunting, dealers said. The Composite Index closed down 2.20 points at 532.29. "As Samsung Electronics lost its momentum on the weak yen,
        AFP  -  405 words
      • Article
        Lock icon SYDNEY
        607 22 AFP QAn Ordinaries -4M SHARE prices closed down only marginally yesterday as investors greeted a negative lead from Wall Street with a day of lacklustre trading. The All Ordinaries Index closed down 4.6 points, or 0.2 per cent, at 2,885.3. The All Industrials Index closed down 7.1 points at
        AFP  -  607 words
      • Article, Illustration
        Lock icon JAKARTA
        736 22 AFP n Composite ladei -L 66 INDONESIAN share prices closed mixed yesterday amid profit-taking in select large caps, including cigarette and telecommunication stocks, dealers said. Vicker Ballas Tamara institutional sales representative Iwan Sanyoto said the index was likely to move in a narrow range in the next few weeks,
        AFP  -  736 words
      • Article
        Lock icon MANILA
        331 22 AFP CI Manila -1L24 SHARE prices closed 0.6 per cent lower yesterday with buyers sidelined on the eve of the release of inflation data. The Philippine Stock Exchange Composite Index lost 11.24 points to 1,997.68. Turnover rose to 461 million shares but value fell to 885 million pesos compared
        AFP  -  331 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      5862 23 «h. c^ Y jg, 5 Y a^5 MUlTb IMDUSTR Y I 5m lS^^^zzz» 5 ch 76 71 70 7 72 275 5 a «7? SSgSSfclSBo Un£h 370 ,a 5 18 16 35 23 3 5 V £>" I m M5m ,«6 SK*!? 1 8
      5,862 words
    • Article
      SESDAQ
      1130 23 —"T. a <■ a ca y eg a aJs BBBBBP 1 i. i ."ff* 2 -2. X f°* 9 SAu,0, 905 475 913 89.5 90.5 91.5 15 N 7 17 8.5 103.3 91 >2 *ISS iV "S?? 2 3t 51. 7 61 60 56.5 63 2.5 103 0.8 TL7
      1,130 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        385 24 Stacks Votome GES Intl Ltd 20c 11,466.000 Hotung inv NT5 9.170.000 IPC0W02 8,494.000 IPCO $170 6,716,000 MHEHWgs»ft99 6.612,000 JC-MPHWtOO 6,224,000 DBS Land 4,775,000 HK Land USIOc 4,071,000 Keppel landWOO 4,057,000 MCLLand 3,452,000 Stacks SPH 50,831,290 OCBC Foreign 15,027,866 DBS Foreign 12,492,202 DBS Land 10,228,970 UOB Foreign 8,477,428 SIA Foreign 7,231,248
        385 words
      • Article, Illustration
        Sengkang tender, rate talk propel property stocks
        602 24  -  STOCK MARKET COMXBKTARY Rotational play in penny warrants, electronics; US dollar issues show promise; SPH interest continues By R Sivanithy PROPERTY stocks burst into life yesterday, propelled by rumours of an interest rate cut by OCBC Bank and anticipation of an encouraging result
        602 words
      • ON THE GRAPEVINE
        • Article
          Singapore's changing Langmaack
          93 24 AT German offshore bank Nord/LB, news is that its long time general manager Jurgen Langmaack will be retiring. From next month, he will be replaced by Heinz Werner Frings, once personal secretary to the German federal minister for economics, as well as South-east Asia head of corporate
          93 words
        • Article
          Farbidden fruit
          52 24 ITS hard to get those English idioms right, especially when they Involve complicated mathematics. An officer at Standard Chartered Bank, all a-dither over certain statistics which did not seem to show her bank in the best light, insisted to one of our reporters: "But you cannot compare apples
          52 words
        • Article
          Hit by the Second Board?
          97 24 MANY investors are still baffled as to why two conservative banks in Malaysia posted very contrasting results. HSBC Malaysia recently reported a pre-tax loss of 330 million Malaysian ringgit (StlSo.6 million), while Malayan Banking managed to poet pre-tax earnings of RM237 million. An analyst reckoned
          97 words
        • Article
          Just call 898-1800
          120 24 SMALL and medium enterprises often complain about government help schemes. Some say there are too many schemes, others too few, complained Lee Suan Hiang, chief executive of the Singapore Productivity and Standards Board, the lead agency for SMEs. So at a media briefing, Mr Lee clarified that
          120 words
        • Article
          A Goafy dealt
          96 24 YOU'VE heard about the Disney deal In the Hongkong Budget. But is getting the deal such a good thing for Hongkong? According to the Smith China Morning Post, Disney had first approached Queensland which turned it down before it went to Hongkong. Queensland Premier Peter Beatie reportedly
          96 words
      • Article, Illustration
        HOT STOCK
        56 24  -  Ml By Wong Wei Kong GES International closed up $0,035 at $0.30 yesterday on a volume of 11.5 million shares, compared with its 10-day traded volume of 4.22 million units. The RSI and stochastics, as well as the MACD charts, indicate that the near term upside may be
        56 words
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      69 13 gKuSh i\ abbrs Jl #|J /I j 4■i'ai® -1 C\ J ->jj v t 5 i i Daily to Switzerland and Europe. i I f I 1 Travel, they used to say, frees the mind. It still can. So relax. Think your thoughts. And leave everything else to us. mmm
      69 words
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      273 15 C Ihecse Af fair. At Le Meridien. i )hirst.Mii.s/ti (•tmvtl I'oii/tnil rind his thirsts <nr instjmnihlr. Sn altarhrtl is Ihr I n lit hmtiii la his t hfiiiri s thai hr tint sn Ay/; v iht in liDinr ,rhrn hr flit's <>i't i srns. I*llll hml is it'/in iiiiiij; In
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      675 15 •sw riK tK Pardisan's Carpet Auction SI \v. 7 W \RC I I I *)*)•> I I IK )k lIAI.I K( x ).M. .< >1 <)(>!> |'\RK IK II I VII IN( 10 AM -II -J.Y \.M AUCTION: 12 I\\\ SI lA\U> lor voui Irwin" .uitl Itiddinii |>lra>uiv a <**********1;
      675 words
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      181 16 Furniture business opportunity LOW COST, GOOD PROFIT We invite you to come and get that chance at the PLAN YOUR VISIT "Furniture Interior Expo '99" Which will be held at the Jakarta Convention Centre Indonesia, a very aw comfortable exhibition hall in a safe and convenient ■I i ITI I
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      181 16 International 8881 Furniture Fair Singapore 16th ASEAN Furniture Show w w In conjunction with ASEAN FURNITURE 99 The only International Furniture Fair you need to attend in Asia 4 8 March 1 Singapore Expo Now at the new Singapore Expo Singapore 's largest and most integrated exhibition centre Organised by
      181 words
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      248 17 GENERAL SECURITIES INVESTMENTS LTD (Incorporated in the Republic of Singapore) Notice of Annual General Meeting To: All Shareholders NOTICE IS HEREBY GIVEN that the Twenty-Fourth Annual General Meeting of the shareholders of the Company will be held in the Meeting Room 3, 18th Storey, DBS Building, Tower I, 6 Shenton
      248 words
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      2644 18 NOTICES To advertise call toll free 1800-741 1883 Fax No 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of ARTA FATIMA PTE LTD (In Mam bare' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary Ganaral Maating of tha members of tha abovanamad Company
      2,644 words
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      26 22 bouquet of flowers miss.^^H rgfjateP 1 Buyinfi or sellinfl throufih The Straits Times Classified is child's play. l CallCAT.S.at 1800-737-1166.® I Buy it. Sdiit. Find It.
      26 words
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      362 23 WOTjOES__ To advertise call toll-free 1800-741 1883 Fax No; 741 1298 LKT-WH (INDONESIA) PTE LTD (IN MEMIEKS" VOLUNTARY LIQUIDATION) NOT! CI IS HEREBY GIVEN THAT A FINAL GENERAL MEETING OF THE COMPANY WILL U HELD ON THE 5™ DAY Of APRIL, 1999 AT HAM AT 10 HOE CHIANG ROAD, flft-00
      362 words
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      553 23 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 KORAKUEN AMUSEMENT DEVELOPMENT SINGAPORE PTE UD wona op special resoutions (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OP THE COMPANY DEEMED TO HAVE BEEN HELD PURSUANT TO SECTION 179(6) OP THE Meeon» of the
      553 words
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      3217 24 Going to trade online? You need the best research. Call DBS investor Online ar 438-1188 BSI )USBANK NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EQUINOX CAPITAL (SINGAPORE) PTE LTD (In Mwnbera' Voluntary
      3,217 words
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      Page 24 Advertisements Column 2
      462 24 THE COMPANIES ACT. CAP. 50 ENG SOON SHIPPING PTE LTD (In Liquidation) At a general meeting of ENG SOON SHIPPING PTE LTD duly convened and heW on the Ist day of March. 1999 the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to
      462 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Ad industry feels the squeeze
      1423 25  -  COVER STORY In this tough economic climate, many companies want to see their advertising dollars translate into instant sales, tax sdtom looks at how ad agencies, working with tighter budgets, are luring tight-fisted consumers to part with their money in bl 3 TAN SU YEN
      SIEW YAW HOONG  -  1,423 words
    • ENTERTAINMENT
      • STRAWS In The Wind
        • Article
          Faulty connections
          54 26 HANDPHONES are great for constantly keeping in touch with friends. They're also handy to make convenient excuses too. A woman having lunch in a hotel restaurant was overheard: "Oh you're there already ah? I'm on my way. I'm still in the taxi." After which she hung up and
          54 words
        • Article
          Guarding your turf
          59 26 IT'S not uncommon to see signs at department stores prohibiting food or drinks or even pets from being brought into their premises. Daimaru at Plaza Singapura goes a step further. It has added a "No Copying of Prices" sign at its entrance. Wonder if it's directed at
          59 words
        • Article
          Home truths for boomers
          75 26 NEW concerns for the Boomer generation, as gleaned from the Internet: Then: Long hair Now: Longing for hair Then: Watching John Glenn's historic flight with your parents Now: Watching John Glenn's historic flight with your kids Then: Trying to look like Marlon Brando or Elizabeth Taylor
          75 words
      • Article, Illustration
        Clever peep into Bard's love life
        605 26  -  CINEMA Shakespeare In Love, a tale behind the creation of Romeo and Juliet, satisfies the intellect yet plays to the masses By\ Parwathi Nayar THE words you're reading, this language you think, write, make jokes and love in, have been so profoundly influenced by
        605 words
      • Article, Illustration
        Of lives and dreams on Broadway
        313 26  -  MUSIC By] Parwathi Nayar IT'S a Broadway show about a Broadway show. On the stage of A Chorus Line is a group of dancers auditioning for a place in an unnamed Broadway production. And as there's never enough work to accommodate all the hopefuls
        313 words
      • Article, Illustration
        Going where man has gone before
        620 26  -  CINEMA There are no 'fttarprises in the latest Star Trek feature By Susan Tsang BOLDLY going where no man has gone before is good and well when you're a small, low-budget television series, but when you move to the me-ga-buck world of the big
        620 words
      • Article, Illustration
        Lock icon ET would have no trouble phoning home
        608 26  -  TRENDS Compro's Ezfone, an Internet telephony card, allows substantial savings By. Andrew Wee FANCY calling a friend in the US and catching up on old times for less than $5 an hour? With Compro's Ezfone Internet Phone Kit, ET would never have had
        SIEW YAW HOONG  -  608 words
    • VIEWPOINT
      • Article
        Miseducation of the musically challenged
        713 27  -  Off the cuff. Lauryn Hill's Grammy win taken music to a new level, bat does that mean that every mnsician after this is going to be a social commentator? Will no one just sing me a nice song? by Jaime Ee I MUST be one
        713 words
      • Article, Illustration
        Lock icon Using hot air balloons as a marketing tool
        749 27  -  Alternate advertising may be cheaper and more effective in S'pore, says agency By\ Parvathi Nayar "IF there's any market that requires alternate forms of advertising," says Arjun Chandrasekhar, account director, J Walter Thompson, "it's Singapore." Singapore, he says, is an expensive market.
        SAM YEO/NP  -  749 words
    • PURSUITS
      • Article, Illustration
        WHAT'S ON
        442 28  -  Compiled by Parvathi Nayar MUSIC Percussion Concerto Master percussionist Evelyn Glennie performs the world premiere of American-based Chinese composer Chen Yi's Percussion Concerto, SSO's first-ever commissioned work. Maestro Lan Shui conducts. Mar 8 9, Venue: Victoria Concert Hall. Tickets: $8, $13, $18, $25, $35. Call Sistic(34B-5555). Gala Concert
        442 words
      • Article, Illustration
        Lock icon Buying a younger face
        1306 28 COSMETICS Anti-ageing skin care products are one of the fastest-growing segments of the cosmetics industry as boomers find hope in them NYT MOST women don't mind acting their age. They just don't want their face to make a formal announcement. Although baby boomers are richer, fitter
        NYT; FILE PHOTO  -  1,306 words
    • PROFILE
      • Article, Illustration
        Taking the Smile Train with Charles Wang
        1116 29  -  The Computer Associates chief applies his company's business-centred technology to his favourite causes. He tells mama'M jambs why KENNETH JAMES A police officer in Puerto Rico searches a Web site, identifies a child who was abducted from her San Diego home seven years
        1,116 words
      • Article, Illustration
        Lock icon Nobel laureate returns to his first love
        1124 29 Colombian novelist Garcia Marqnez has become a reporter for the magazine he now owns NYT HE has already won a Nobel Prize, says there are still books he needs to write and is about to celebrate his 72nd birthday. So it came as
        NYT; FILE PHOTO  -  1,124 words
    • ART
      • Article, Illustration
        Fusion lines
        987 30  -  A group of Singaporean artists have tried to create art that is rooted in Chinese brush painting but vet individualistic partatui hatar checks out the results of this fusion between the traditionaiand the contemporary PARVATHI NAYAR Artists working in the tradition of Chinese brush painting and calligraphy have
        987 words
    • MOTORING
      • Article, Illustration
        Lock icon A hole in one from Volkswagen
        994 30  -  The new Golf is as well pat together as equivalents from Mercedes-Benz and BMW, boasting a solid form and an impeccable interior By i Christopher Tan WHEN Volkswagen introduced the new Golf in the 1997 Frankfurt Motor Show, it took up an entire exhibition
        ARTHUR LEE  -  994 words
    • EPICURE
      • Article, Illustration
        Lock icon Sup, sip on the real McCoy
        826 31  -  The fusion element is thankfully absent from Sup Sip's Thai cuisine, says mimeeb JAIME EE THE long, stylised'S' that drapes itself along the name Sup Sip is a lovely design element on the one hand, but on the other, you can't blame unwitting diners
        SIEW YAW HOONG  -  826 words
      • Article, Illustration
        A taste of mother's cooking at Raso Bundo
        503 31  -  RESTAURANT By] Rahita Elias IF you're a hungry person wandering through Far East Plaza looking for food, it's unlikely that you'll stumble onto Raso Bundo Restaurant. Tucked away in a secluded area formerly occupied by Bintang Timur, Raso Bundo prides itself on
        503 words
      • Article, Illustration
        Bread basket for all diners at Cafe des Artistes
        232 31 CRAVINGS THE devil as they say is in the details. And The Oriental Singapore, part of the deluxe Mandarin Oriental group, shows how the humble bread basket can make such a difference. At the hotel's "all-day dining" restaurant Cafe des Artistes,
        232 words
      • Article, Illustration
        Cheese heaven
        264 31 WHO says Singaporeans don't like cheese? French cheesemaster Gerard Poulard from Le Meridien Montparnasse first visited Singapore for a promotion in 1993. His cheeses were so well received that this month, he returns to Le Meridien Singapore for the fifth time. And already we hear cheese fans and
        264 words
      • Article, Illustration
        A Cantonese family dinner
        122 31  -  Compiled by Tan Su Yen THE latest trend in Chinese restaurants is a return to simple home-cooking with shades of peasant fare. Late last year, Xin Cuisine launched a value-for-money Family Dinner Menu featuring Cantonese specialties priced from $6.50 to $20.50. The promotion apparently proved so
        122 words
      • Article, Illustration
        Lock icon Delicate offerings at reasonable prices
        702 31  -  RESTAURANT Cafe Madelaine takes after its French namesake's proud value-for-money tradition w Tan Su Yen ACCORDING to the coffee-table cookbook Last Dinner On The Titanic, passengers on that legendary but ill-fated liner feasted on such epicurean delights as lobster thermidor, quail's eggs in aspic with
        CHRIS LOH  -  702 words
    • Article, Illustration
      CINEMA
      797 32 All Han Are Liars. Comedy about sexual identity. R(A). Previewing at Golden. American History X. Edward Norton's Oscar nominated turn as a violent neo-Nazi leader. The film examines many disturbing and relevant issues of racism. R(A). Previewing at Bugis, Marina, Plaza. Celebrity. Woody Allen's unflinching and funny look at
      797 words
    • Article
      ENQUIRIES AND BOOKINGS
      115 32 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubtiee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 QoMsn VHIaga *****12-1234 332-6098 for group bookings A wheelchair facilities Bishan Boon Lay Marina Tampines8 Tiong Bahru Yishun Ovsrsaas Movis Clementi/CoVealth 777-0669 Town
      115 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      155 25 t 'Fusion' Chinese painting MKfa EL 6 If» <i- I You can bank on the American Express Card. I I Most people know American Express for our unparalleled privileges, services and rewards. But did you also know that we provide a comprehensive range of financial services too? I ur P
      155 words
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      Page 25 Advertisements Column 2
      8 25 Epicure The real McCoy EL 7 *rf*' ''j
      8 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      29 26 A Chorus Line will run from March 10-14, 8 pm, at the Harbour Pavilion, World Trade Centre. Tickets at $25, $35, $45, $60, and $85. Call Sistic on *****55.
      29 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      166 26 CRYPTIC CROSSWORD after business failure (7) _JB| but it covers one. naturally(4) 26 Girl finds noosed rope a bit LbJ LaJ"~ LbJ~" 29 Figure mule ran off (7) eluded (7) 31 Urge to eo to films, using publicity material (5,8) 15 Flat prohibition on a learner YESTERDAY'S SOLUTION DOWN IBIeIsI
      166 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      85 27 CAST YOUR VOTE: Go to the BT Online Web site (business times.asial .com.sg) and take part in the interactive poll based on this column. RESULTS OF LAST WEEK'S POLL: Would you want to be a taxi driver? Yeah! I've always liked the idea of cruising the streets in search of
      85 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      390 28 Where to wine, dine and Wm^ A Every Saturday and Sunday pamper yourself from a* early as 12.00pm to our sumptuous High Tea Buffet of popular Asian and Western sweets and savouries at Cafe Victoria. CALL: 330 3585 OR 330 3590 FOR RESERVATIONS OK! 76 Bras Basah Road, Singapore *****8
      390 words
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      Page 28 Advertisements Column 2
      137 28 Food Wine Festival 1 31 March 1999 We bring you the grandeur of this French region at Top of the C M JOP Revolving Restaurant Of nfe Bon Appetit! \lz Revolving Restaurant Reservauons: 831-6258/88 *»,h floor Mandarin |U Singapore 333 Orchard Road, Singapore *****7. Tel: 737 4411 Tax: 732 2361
      137 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      91 29 1 o ACADEMY AWARD® NOMINATIONS I INCLUDING lObest picture BEST DIRECTOR John Madden BEST ACTRESS Gwyneth Paltrow BEST ORIGINAL SCREENPLAY Marc Norman and Tom Stoppard BEST SUPPORTING ACTRESS Judi Dench jOjt^ BEST SUPPORTING ACTOR Geoffrey Rush BEST CINEMATOGRAPHY BEST EDITING BEST ART DIRECTION BEST COSTUME DESIGN BEST MAKEUP BEST SOUND
      91 words
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      2200 32 TODAY'S TV maOOmUMDUD VIHWIMU c 030 AM Business Morning. 130 PM TV Innovations. ®-00 News Day. A match Of interview, conducted by 4 *idz Blitz: Sesame |HAn| ftt Lo Headline News/ Talking VkirtVt rtirtl UK S Channel 4 S evening LOO Ned's Newt. L3O In Conversation, nigll SIEKeS news anchor
      2,200 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      15 33 The Straits Times Classified 1 Where lm-o] buyers sellers Buy It Sdl H. Find It.
      15 words
    • Advertisement
      Page 33 Advertisements Column 2
      162 33 Prime Office Space for Lease ■■liiisramain ■S Kr Prudential Tower, a brand new high-tech office building at Raffles Place, Singapore's financial and business hub. Ideal for financial institutions, major professional services companies and MNCs, looking to establish themselves for the long term at a prime location. Central Location Opposite The
      162 words
  • EXECUTIVE MONEY
    • RESIDENTIAL PROPERTY
      • Article
        House Hunt
        963 33 Property transactions tor districts 9 and 10 (sectors 22 to 23 and 24 to 27) lodged between Jan 30 and Feb 27, V9. mxcrmw m contract tenure bult-m/ met. psf STREET NAME TWE DATE LAND MCA* (SOFT) (STOOD) (S$) Districts AirviewTwr Apt 20/01/99 FH 1496 700 468 AirviewTwr
        963 words
      • Article, Illustration
        Lock icon Old 99-year units: view to a steal?
        598 33  -  Leasehold projects in prime districts may give high rental yield but the price gap with freehold equivalents worsens with age. amowambcat reports ANG WAN MAY Pancy a plush apartment in a prime location for under a $1 million? The sharp fall in property
        PHOTOS BY CHRIS LOH  -  598 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Stick with the big caps to stay ahead
        956 34  -  This time, knowledge is the key so look at tech, health, finance stocks, says peter chxamq PETER CHIANG The writer is from UOB Asset Management Large cap American growth stocks were the place to be in the last few years. Everyone loved
        FILE PHOTO  -  956 words
      • Article, Illustration
        IN MT OPINION
        509 34  -  Madeleine Lee Managing director, chief investment officer Commerzbank Asset Management Asia 'SMART money skimmed the cream off the rapid market run-up following the lows in 3Q '98; everyone else jumped in in the wake of the euphoria. There was money to be made at each rung. Now
        509 words
      • Article, Illustration
        Asian ADRs still lagging
        560 34  -  By: Louis Beckerling LOCAL companies planning to raise their appeal to US investors with American Depository Receipt (ADR) programmes face a daunting challenge persuading investors to come to Asia, rather than go to Europe. ADR programmes allow foreign companies to trade US dollar denominated securities to
        560 words
      • Article
        Floored by forex? Try a margin trading account
        561 34 Risk has never been more important in hedging, investing MENTION foreign exchange to the man in the street and it is likely to evoke memories of spending Thai baht on that relaxing vacation in Phuket. From a financial viewpoint however, the term
        561 words
      • Article
        ACU DEPOSIT RATES Offered by various banks (as at Mar 3, 1999)
        1211 34 P*PO*« t-nnh 3-nrth g-mtt Oepolt amount 1-mth 3-<nth 6-mth M m i 1 2X 41 !S2 ***** 25.000 74,999 3 6875 3 6875 3 7500 A25.000 A49.999 4 1300 4 1000 74,000 149,999 3 8125 3 8125 3
        1,211 words
    • UNIT TRUSTS
      • Article, Illustration
        A fund tailored for novice investors
        779 35  -  AIG will allocate funds according to your risk profile, says GENEVIEVE CUA GENEVIEVE CUA IF you're bewildered by the spate of unit trust launches over the last 12 months and there are more in the pipeline this year you may do well to look
        779 words
      • Article, Illustration
        Lock icon Fund profile
        271 35 Source: S&P Micropal Investment objective Medium to long-term capital growth by investing mainly in stocks listed in Singapore and Malaysia. Investment style Top-down approach as the fund's managers believe that economic conditions drive capital values. The investment philosophy is value-oriented, seeking long-term success by investing in companies with
        Source: S&P Micropal  -  271 words
      • Article
        If you have a taste for euro
        434 35  -  OCBC Asset Mgt offers euro version of Savers Europe Fund By i Genevieve Cua OCBC Asset Management, which scored a first last July with the launch of Singapore's first balanced fund, has done it again with its offering of a European balanced fund
        434 words
      • Article
        THE UNIT TRUST SCORE BOARD
        283 35 UNIT TRUST/SECTOR (6 MONTHS; 31AUG98-2CFEB99) CHANGE RANK B—t Pffotiwf Aberdeen Singapore Growth/ Singapore EQ 73.1 1 Aberdeen Singapore/ Singapore EQ 67.37 2 Tempieton IF Thailand/ Thailand EQ 65.24 3 Tempieton IF Korea/ Korea EQ 62.75 4 OCBC Savers Korea/ Korea EQ 60.23 5 Worst P*rform«r*
        283 words
    • PERSONAL FINANCE
      • Article, Illustration
        Another victim of family debt
        666 36  -  THE FDVER PODVT The crisis at JC-MPH highlights the definition of "prudence" when it conies imm wi iwg lAwiiii^g By Conrad Raj THE plight of the Chiarapurk family which founded the Jack Chia-MPH empire appears to parallel that of the Jumabhoys who founded Scotts Holdings.
        666 words
      • Article
        The impact of deflation for investors
        952 36  -  S'pore, HE, China and Japan may see deflation in '99 By, John Catverley The writer is chief economist strategist, American Express Bank FOR the last 30 years governments and central banks have been fighting a war against inflation. Now that war is won virtually
        952 words
      • Article
        Time to shop for a home loan
        1463 37  -  Mortgage rates are competitive and likely to dip further, Clarissa tam discovers. Both banks and buyers gain CLARISSA TAN HOW things have changed on the home loan turf. Eight months ago, home buyers and there weren't many of them had a hard time
        1,463 words
      • Article
        Rabbit Year ushers in a gentle budget
        524 37  -  Reliefs provided are competitively packaged By Linda Kuah The writer is tax director of the international executive services of KPMG, Singapore AGAINST the backdrop of the regional turmoil, this year's Budget has been viewed by many as sensible and mild. The government has
        524 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      156 35 world-classiL.,. Use creative recruitment Ads to MilllSiK" enhance your corporate image. emHMS: a —s? |H travels fast IN SI\(i\P()RI when >ou wan Ito reach out lo a Ship Sales Canker Rates. Aircraft Arrivals A: select target audience in the transport and logistics Departures. Regional Weather Reports, l ocal Ships m
      156 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      359 36 Two Awards. < Zl &S B' S SgPjf zsBIH B '4 M ♦'*-\T J9R BHH >™. jaßKiro araggH^l I t„ ir I A y^g RpffipTpTf l flrtllNTOY 0«/wia« (C*%fTttfAl* 1 iV r t r •"'•••'i.. V ,'"7-*. a Y=§£" s V' d "S '•IS t *-v 7 1 4 f
      359 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      19 37 s CnWANtO With 105 c/c financing from Citibank, yon can be a proud owner of your dream home today!
      19 words
    • Advertisement
      Page 37 Advertisements Column 2
      95 37 9 WAYS TO GET YOUR FINANCES RIGHT. v x 4 lagQgjgggJy^ *L A M |^j ■r t 7 9 ESd|[| Start the new year by getting your finances right. And there's no bettpr way than with Hong Leong Finance Singapore Finance. That's because we're a one-stop financial centre for all
      95 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      375 38 Sjjy Property Old 99-year units view to a 9H EM 9 Finance Another victim of family debt EM 12 Jan 17, May 20, '98 Mar 19, Sept I. in? Ben Cruz Home on the range Eight months ago, home-buyers were staring at hefty mortgage rates of more than 8% per
      375 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      312 39 Bridge News Reuters TRADING was slow for Panamaxes with brokers saying that with a softer tone to both the Atlantic and Pacific market, charterers are holding back from covering their requirements, hoping to catch tonnage at easier rates. The Baltic Panamax Index slipped back another 9 points to
      Bridge News; Reuters  -  312 words
    • Article
      MARITIME STOCKS
      262 39 CWT DMributlon 0.53 *0009 S Chun Hup 0605 ♦0.005 75 Co«c* Invastmant -049 PrakMLMi 0.165 uncft 164 Ge*Wnes 0J7 -003 9 Hal Son Hup 0475 *0.009 344 IMC HoMtof* HK 540 JayaimMtoq* —0629 *006 1090 Jurona SNpyartf 6.50 *009 199 MMwICart 4J0 *010 WM KappalFELS 3.06 *006 110
      262 words
    • Article, Illustration
      S Korea, Japan, Russia to discuss new sea route
      453 39  -  Proposed route aims to boost volumes on Korea-Russia sea lanes with regular sailing schedules By] Felix Chan [SINGAPORE] Korean maritime authorities are mulling a triangular shipping route linking South Korea, Japan and Russia supported by regular sailing schedules to boost cargo
      453 words
    • Article, Illustration
      Wijsmuller Salvage teams up with S'pore salvor
      151 39 [SINGAPORE] Holland's Wijsmuller Salvage has joined forces with local salvor Perdana Salvage Towage to form a venture as a launch pad into the Far East and South-east Asian region. The joint venture, Wijsmuller-Perdana Salvage, has acquired Perdana's two specialised salvage vessels including Perdana
      151 words
    • Article
      Terminal operator's attempt to limit its liability rejected
      573 39  -  ADMIRALTY CASEBOOK By\ Selva Kumar HE Supreme Court of BritColumbia has rejected H an attempt by a Canadian terminal operator to limit ■i its liability for damage to goods caused by the negligence of its employee. Neither the limitation clause in the
      573 words
    • Article
      Wilhelmsen orders 4,200 containers from China
      217 39 [SINGAPORE] Norway's Wilhelmsen Lines has turned to China for its container renewal programme. The world's largest operator of roll-on/roll-off and car carrier services has placed an order with China International Marine Containers for 4,200 containers. Half of the order will comprise standard 20-foot boxes
      217 words
    • Article
      Six firms in bid to build floating dock for Indian yard
      301 39  -  From. Rajendra Bajpai in New Delhi NEARLY half a dozen companies from China, Singapore and Germany have submitted bids to build a floating dock for India's Hindustan Shipyard Ltd (HSL). Government-owned HSL is set to augment the capacity to
      301 words
    • Article
      Lock icon Asian grain cargo rates continue to rise
      153 39 Reuters [TAIPEI] Asian grain cargo rates have maintained an upward momentum as demand increased on a seasonal swing after the Chinese Lunar New Year, shipping agents said yesterday. Freight rates for Pana-max-class grain vessels between the US Gulf of Mexico and Japan were
      Reuters  -  153 words
    • Article, Illustration
      Lock icon How to succeed in doing business in China
      746 40  -  Working attitude must be one of seeking cooperation and trust, thinking of benefits to both "Hah By Frank Tsao The writer is chairman of Hongkong's IMC Group of companies. This article first appeared in ABS' Surveyor magazine TO invest in China means
      FILE PHOTO  -  746 words
    • Article
      SHIPPING SCHEDULES INDEX
      324 40 PACE FoongSun a ANL 3 Fr <*» Accord 8 M Links V4 Ahrenkiel M 6 Link 4 AASCO 4 Gemartrans 8 Appenship 5 Genshpg 14 Austral 8 Glory Kav 14 Avant 14 HaiSunHup 12 B'tang Mas 8 Hanqli 7 BSA 7 Hanirn 3 BTL 14 Heung-A 4
      324 words
    • Article
      SHIPPING GUIDE
      17091 47 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT Um Atfv rtll r v Voyaga Talaphona ETA ETA Advartisar Vassal Voyaga T»iapr>oA» n Nama Nama Number Numbar SIN Dast'n Nama Nama Number Number T _20/03 31/03 D|a* Lloyd AUST ENTERPRISE 23S 45 *****57 TO ABIDJAN (ABJ) 2003 Cot* D'lvoire 20/03 31/03 nyk Australian enterpr
      17,091 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        785 53 Ve el Voy "o Barth Arrival Departurt a u, jw«<n Net I™~? 03) J)0 alongside 04.01/2300 ""j 1 J02 alongsxW 03.04/2300 M tariL? J01 03.04/2359 u J 01 alongside 05.03/0400 M ""it?, "OngsK* 03.04/1700 -V 0305,9 J01 alongside 03.04/2300 Bt RaHmetind *****9 J01 alongside 03.04/2100 S**' 4 H
        785 words
      • Article
        CONTAINER SCHEDULES
        1824 53 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Boofcinq/BaMnc* Rstls Ship Voy No Etb/Btr Period From To From IciUf IW 05/9T00 IA 91/1400 91/1454 91/1480 4 0 J/1500 91/1454 OVWOO 2A 03/1700 04/0451 04/0900 21 01/1700 04/0451 04/0400 1 04/0700 04/1151 04/1400 4 04/1/00 04/1451 04/1700 MiqjaN 2
        1,824 words
      • Article
        GLOBAL HOLIDAYS
        213 53 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 Ray a Haji. Indonesia: Hari Raya Haji Malaysia: Hari Raya Singapore: Hari Raya
        213 words
      • Article
        COCKETT BUNKER MARKET REPORT
        756 53 THIS report, compiled by Cockett Ma rlne 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 change
        756 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        565 53 Carton WO Max 994.6 Ml M l 0.09 52 0.07 Feb 25 Density Water InMut Art AtoaMwi Mtaart No above £25 1 0 (7 0 1 0 380 AM 986.0 0J I4J 0.06 30 0.02 On* 380 Mai 994.9 0.7 19.4 0.09 65 0.07 %HM %V»
        565 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Sydney airport has technical defects: union
        415 54 Four aborted landing? in four days point to deficiencies in new radar system, onion officials say AFP [SYDNEY] Sydney airport, expected to handle millions of visitors during the 2000 Olympics has serious technical problems, union officials said yesterday, as reports emerged of four aborted
        AFP; FILE PHOTO  -  415 words
      • Article, Illustration
        Lock icon US House approves Bill raising limits on air crash liability
        551 54 Bloomberg [WASHINGTON] A Bill that would allow families of those killed in the TWA Flight 800 air disaster to recover more money from the airline breezed through the House Wednesday but faces opposition in the Senate, where a similar measure
        Bloomberg; FILE PHOTO  -  551 words
      • Article
        Lock icon FAA orders checks of B737 fuel-tank wiring
        288 54 Bloomberg [WASHINGTON] The Federal Aviation Administration ordered airlines operating Boeing Co 737 aircraft to inspect centre fuel tank systems because of concern that chafed wires could spark an explosion. The order stems from the investigation of the explosion of Trans World Airlines Flight
        Bloomberg  -  288 words
      • Article
        US agency fines Northwest Delta
        309 54 Airlines fail to inform customers another carrier is flying part of journey [WASHINGTON] Northwest Airlines Corp, the fourthlargest US airline, and No 3 Delta Air Lines Inc were fined by regulators for failing to inform travellers seeking reservations that part of the trip would involve
        309 words
      • Article
        Lock icon Concorde dispute should go before WTO: Air France
        285 54 AFP [PARIS] A US threat to ban Concorde flights should be taken before the World Trade Organisation (WTO) or another appropriate forum, an Air France spokesman said on Wednesday. Such a ban would amount to "retaliation victimising two companies (Concorde operators Air
        AFP  -  285 words
      • Article
        Lock icon Japan's mini-vehicle sales up
        203 54 Bloomberg [TOKYOJ Japanese mini-ve-hicle sales rose for the fifth straight month in February, bolstering overall sales in the car industry. Sales of mini-vehicles cars, vans or trucks with engines no larger than 660 cubic centimetres rose 26.1 per cent to 161,285, the Japan Mini-Vehicle Association said.
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          Lock icon New airport terminal in Vladivostok
          113 54 AFP [MOSCOW} A new International airport terminal opened yesterday in the eastern Russian port city of Vladivostok, Itar-Tass news agency reported. The two-storey terminal, equipped to meet international standards, can handle more than 100 passengers an hour in the 4,800 sq m facility. The decision
          AFP  -  113 words
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          Lock icon No fatalities aboard major US airlines
          87 54 Bloomberg [WASHINGTON] Major US airlines had no passenger deaths aboard planes in 1998 as regulators increased safety oversight, making it the first fatality-free year since the National Transportation Safety Board has compiled statistics. Last year was the first in which there were no fatalities
          Bloomberg  -  87 words
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          Lock icon UAL moving HQ to O'Hare Airport
          125 54 Bloomberg [CHICAGOI UAL Corp, parent of United Airlines, will move its headquarters to O'Hare International Airport from nearby Elk Grove Township, returning the world's largest airline to the city of Chicago. UAL will lease 30 acres of city land being vacated by the Illinois
          Bloomberg  -  125 words
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        AIRCRAFT ARRIVALS AMD DEPARTURES
        1859 54 CRT FU6HT ETA FU6HT ETP GA973 1005 GA976 0040 MUM AN8230 1920 W«74 1540 LH6375 0955 LH6381 1920 S0325 1540 $0326 0955 S0230 1920 LH786 1650 IH6373 2355 Aawtartaai $0327 0600 KU44 0105 JJJJ J®" "55 GA973 1005 N***** 2320 *****5 1650 2359 K1837 1535 S0328
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  • Page 39 Advertisements
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      26 39 How to succeed in doing business in China Working attitude must be one of seeking cooperation and trust, thinking of benefits to both sides. Page 2
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      343 39 Sydney airport has serious technical defects union Four aborted landings in four days point to deficiencies in new radar system, union officials say. Back Page SINGAPORE TO SOUTH PACIFIC ISLANDS Reef Shipping Limited as managing agent for Orient Pacific Line (OPCL) would herewith like to announce to all our customers
      343 words
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      1091 40 I NORTH AMERICA IBtPOHrI EUME wr rni'ai twsN~ lm Mt wu o« m Bpxoon P vor nMrm I sssa ssi; is: iss ss ss 32 35 r>£ I 22 22 22 22 22 22 22 22 22 OOdUUNMU IMS 13 I M/H I 14/ M M/M 11/94 11/ M 14/
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      Page 40 Advertisements Column 2
      584 40 L,nes services represented u*. b M^ S c theße9,Stryo Accredited Shipping Agents BUUU Association Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SSKVKE) MV "TBN" ETA SIN 30/03/99 BOOKINGS CALL MONKA/AJ UNS TIL 323 4374 crmSmhk/ COMVWTIOMAi CARGO K*T KLAM/SMtfOKI/MCAVU t IMNUC ETAPKL
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      1105 41 v niom eurok rasa wr a tm >■ hmi by sob m >» vcsa vot m w hm w» ion m ta aw ■AAS saw 05/03 11/03 *3/03 24/03 17/03 HTGMtM 31M 11/07 13/01 10/0210/03 00/03 NOKYFKM 010W 00/03 25/03 17/03 30/03 34/03 HOIKS 0071 14/02 It/07 10/07 70/07 10/03
      1,105 words
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      Page 41 Advertisements Column 2
      1599 41 ®HANJIN SHIPPING ji|if U ilhMiniM -MB 37MJ73C MANJW SMPTWG 5) FT! IT# tOOOK *****15-237 SAIB *****74 2)1 DOCUHHT *****71 274 OftUriOß ********** MAM UK *****55 MI 722W40 a MO* 11S34V3000QM TO NW USA A CANADA USA T lEvaTror Im I a uk mu/vot 5T~| im oa mi oa r~mt m
      1,599 words
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      Page 41 Advertisements Column 3
      387 41 FULLY CONTAINIRISID DIDICATID SIIVICII KMTC PROVIDES REGULAR breakbulk one hba> was oyn ii/u ivu u/u i7/to mm* us <7/n n/n m io/w ivu 14/03 u/u wn SERVICE TO RED SEA MKIISMI W3S. 11/U U/P ZVP ?Vt3 MlWlffillW <WS U/B IjlH WS 17/U 11/ M 7VM M/M V/ti HYIMM SHUTS WIS
      387 words
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      1687 42 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA VESSfI VOY m LfH HTM AHM WMI IHV FLX VfSSfL VOY Sill «T tft fO» W.C Mffl HAMJM SAVANNAH WQ9I2 KO3 27 03 28 03 2S 03 2» 03 28 03 PACIFICSENATOfI WW9I3 11 03 21*3 30 03 01 M DM 1104 HAMNN PORTLAND
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      Page 42 Advertisements Column 2
      957 42 m. AM MAC-MELS SPfIRF M SIA uTTTTj Carrier: MN COMIH LINES, INC p. guoanq: (07> *****26 IHVy J O" "0.**********0* SJBU (084) *****9 MAMLA: (832) *****24 PENANG: (04) *****36 BANGKOK: (862) *****67 SURABAYA: (31) *****0 P-KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 KUCWNG (082) *****1-3 BARCELONA MV "NORASIA
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      Page 42 Advertisements Column 3
      526 42 LINE 2W TILi 3M3456 FAX: ISISIIS MUARA LABUAN "H vKsa vot tn> eta vessel vor rro eta spore MUARA spore LM JPROSPER V0«/W 07/0J 11/03 OUUMM337 VOSf/99 07/03 11/03 CARAKAJN3H VOSE/W 07/03 10/03 J FROSTS VOSE/W IS/03 19/03 JPROSPER VOSE/<* 15/0311/03 OUUHAJWT mm 17/0321/03 CARARANC32 VOti/W 17/03 20/03 K. KINABALU
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      1060 43 vov SIN PKQ PEW POP DUB DAM BHJ BA BW idau PJLI333 08/03 17/03 18/03 19/03 21/03 23/03 SJJ TyyT" PJtl337 15/03 24/03 28/03 28/03 28/03 30/03 Sau PJLI33B 22/03 31/03 01/04 02/04 04/04 08/04 PJLI33B 29/03 07/04 08/04 09/04 11/04 13/04 [IRAN TEYFOORI PJLI34O 08/04 14/04 18/04 18/04 18/04
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      1558 43 JlaiMM YttlJW (ra SIN 1 3 Ftb 99), Cofio USA l««t-C**st I All'Wiftr sirvifi #111 <«N I JwMfc —ft* hit—d »f kltlatn. J I ixn 6 SHEMTW( WAY Til: 226 1900 FAX: *****08 OUTWARD (•/U~^^2osSo2^Joso«OfFK£^ Bl^, I WITW SHlrrlllv Fll LTD #17-01 DOS HOG SAIiS/BKGS *****57/60 INWARD DIPT (0/01 *****1S
      1,558 words
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      Page 43 Advertisements Column 3
      620 43 'jrg-, EASTERN CAR UNER, LID. I |t I tQ. (SINGAPORE) PTT LTD JSSSSm SPECIALIZE IN ROftO L HEAVY UFT UPTO 450 TOWS 1 Kl (SHfiAfOK} fff 01 LOAD NG FOR YANGON/ CHfTTAGONG DUBAI (JEBEL ALJ) MV "OCEAN REYNA" V.lB MV "OCEAN LEO* V.17 EU SJN /qETAYCN 07/03/99 ETA SM 06/03/99
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      1219 44 c ncuci nis du mm S6p ROM ANW HOG TUP ZEE LHV I IHV THP ROM ANW HBG PKi SGP i 2I?fLS JL J5 8 OMa 28/1,3 31AO 271,3 21/03 30AJ3 31/03 I. REFINE RE-«1« 11/02 IMB 12*2 14*2 18/02 11/03 12*3 e 14/83 OMM 06/04 06/04 07/04 E. REACH
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      Page 44 Advertisements Column 2
      653 44 PACIFIC INTERNATIONAL UNES (PTE) LTD SSSSSSS'M MMV 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO: *****67nmpf I|»Wa vpT ml _jm_ nt sro m jjiw V\ ~Uk~ IEI Ml i;a |g I jjmwMm w; 13/3 is/jJ^g_l T 37/3 31 y» V// I Ilvtssa vor mpw w m sa^^l Ivissa
      653 words
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      Page 44 Advertisements Column 3
      574 44 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOOTH AFRICA VESSEL VQT SW mi DUt JM 1 (FT 1 W mmioumi toss 13/03 22/ m 24/03 29/03 30/03 02/w tUJfm DtAGQW HOIg 23/03 02/04 Ot/N 09/04 10/04 mmWHft \tO33S 03/04 14/04 aujawgii tons 14/04 23/04 n/04 01/02 vim SAOTUQtIEBI tO34S 24/
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      442 45 ymtk MYANMA WMA FIVE STAR UNE (HytMMr Notio*ol U*o) for YOO9OO (Roofooo) VOY SM PRI PM PGU VISI su> MAMIAMYM VO2W M/ 03 MAUYSIA AGENTV OOUSTUD SMPPM6 AGENCIES RUL TE (0D2417M0 PRI: TU (01)*****01 PBfc TU (M) *****02 PGU: Til (07)*****21/4 BANK LINE (A Mrvkt of Andrew W»lr SUffhf) NORTHBOUND
      442 words
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      1299 45 IMM# HYUNDAI MERCHANT MARINE CO., LTD. ivtssa vor B sou at m m inami mv m I fossa wrl son |im| rm i ami nam Imv I m Hm" mus saw os/w »/n 27/n 2i/n n/w kygbbal dm 10/02 17/01 11/02 u/02 m/u irxcyprme oiow m/u M/oa a/n 27/01 10/03
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      Page 45 Advertisements Column 3
      892 45 norvmgan nmjjttmJ autooaman Gto)§(o]<3 Wilhelmsen Lines TO NORTH AND LATIN AMERICA *RORO HEAVYUFT SERVICE* I VESSEL VOY RAMP HDGHT SHI UX CM IMM SAV ML ORF NYC NEW MOO [TOUT f<KH> 400lw 6M 10/03 10/04 19/04 22/04 *****~ 24/04 27/OT 29/04 03/05 04/05 TARONGA F907 4001 m 6JM 25/03 22/04
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      1965 46 INDONESIA NATIONAL LINE TO AUSTRALIA 1 FULL COWTAINEB BCTVICE ja Iyot fit SM I M I 1 I STB «a I Mt I Mt WW*I IW H/M96/W 17/63 iy»3 77/63 a/03 MOHBMBMWIM 11/MU/M 21/ M H/M 19/03 61/94 >4/04 AIBTBWBWBH tB U/0310/03 31/ M 01/04 05/04 11/ M owiygtr |»i?
      1,965 words
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      44 47 Dial74o-6000 OR —(Retrieve more schedules!) S«Wr Select the port and key in S»Bbf the four digit code eg: To New York (NYC) 2275 ST£) Key in your f„ number your phone number Anotlw innovative service offered by rTf The document Will be SHIPPING TIMES
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      142 49 r wmmammm free deader Enquiry Service cut out and Fax to 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product
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      157 50 irSHSi m uu VMa»IAA* E, ,|jii§f (^FirBOpTSBV?r ai FBOM: U.K./ CONTINENT/ MIPBig EAST TO: FAR EAST WW Lm tma VPSa/VOY SIN UHUCHAIAHG mm HOWGKON6 HBIUNC GUARDIAN ANGti. SARID SAIIfD SAIUO ADAVOYO94 07/04 09/04 13/04 15/04 ""n™ 6 20/04 22/04 25/04 27/04 MSQUAIi MAUTSM- HSM(M)SONMD TAWAII- CAmCOKN FRfKNT SVCS PORT RHAN6
      157 words
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      Page 50 Advertisements Column 2
      142 50 I SHIPPINO LINE 11 11 |J fi 1 ■jvl IjlJyjl I I P B I k LCXUI LIBYA BENGHAZI TRIPOLI IvgaiiiMK votwo wow smunu wmi [mamt B mama ram 1» m.W «(0W II.BW M HBO MDIW 04JS.W Q7JS.W 1337 KB3W ISJB.W K.M.W ■M6HHB 31.03.W IIOS.W 11IS.W 1331 11.03. W HO3
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      Page 50 Advertisements Column 3
      131 50 Zz ESP LINES WffKlY ICL AMD Kl SttVKt mvma+an BUM mm KMMY. CUOMO JMMTOIMMA uHSSr WBTVm CMCWW HO 08 WWjIMHMW iftnn m cm—» "ffiwraw swvici VBSR/VOTWI STOW m m m m nm i /MH4M v/u ti/n mm vm bhh ~EmW wivm KMMW/IW 11*1 tv« «5/B i a*m/)m/n~ Mi IFW in;*»
      131 words
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      806 51 —wf-samudera shipping line ltd 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CH NO. **********00 MMHi TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 j Chan/Jeslynn/Dora/Hanla 7 slgs/week 2 slg/week VESSgL VOY SIN JAK [VESSEL IVQY I SIN IPLB 321 06/03 (SAT) 09/03 fTUE)
      806 words
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      Page 51 Advertisements Column 2
      1100 51 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I PM I Ml MT 1 sw I ilw I ppg I cmo I oqm I hal I ntl I oof I sav I nw I tam I hou HOtGH Dm /04S0 J|/<» _04/33_ _2SZO3_ JQ/03 04/04 09/04 07/05 10/05 11/05 14/05
      1,100 words
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      Page 51 Advertisements Column 3
      609 51 rrC# Singapore Soviet Shipping CPL~ l\\v aibIOOSOMOOOM Mil $Mppfa| PI W33 J nmww«fayi at Mt *****930Q00( VESSEL VOY SIN BOM PNG PKL SEA SUCCESS 1 0018 08/03 16/03 25/03 PERAK I 126N 13/03 20/03 31/03 01/04 KOTA RUKUN RKNO3I 20/03 27/03 07/04 08/04 I VESSEL VOY $m CALCUTTA SIN MREGINA
      609 words
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      603 52 I VESSEL VOY TIGER SEA 689N 0&0&03 11-IW3 19-20*03 I TIGER BAY 690N O&OSKH 15-1003 23-2303 I ITIGER ISLAND 00IN 12-13«3 18-21 AH 26-77X33 I TIGER PEARL 692N 16-16KJ3 22 25/03 30-31/03 I TIGER SEA 693N 19-2003 25-2003 I TTGER BAY 694N 23-23/03 29-01/04 06-0604 I" VESSEL OAFA 905 07-0803
      603 words
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      Page 52 Advertisements Column 2
      963 52 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fox: *****33 i-moil: flosin6singno».com.*g DIRICT CONSOLIDATION SCRVICE ALEXANDRIA (ALT) BUENOS AIRES (SUE) CEBU (CEB) ISTANBUL (IST) IZMIR (IZM) LAEM CHABANG (LCB) MALTA (MLA) PASIR GUDANG (PGU) SAN ANTONIA (STN) SANTOS (SSZ) niAII CALL OUR TOLL PRII LINE FOR BOOKINOi 1100-5661t«6 Overseas Offices Hongkong
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      Page 52 Advertisements Column 3
      988 52 |OOCL (Sinoopore) Pte Lid CFS Keppel I/* Am lad #21-04 (S) ****** It 513 001-120 t II I ONO **********0H U 27? 7027 hrbrnkkf VI Ifcfc *****13 hi 221 3942 F«: 272 7«25 MjL Overseas Container lint (Malaysia) Sdn Bhd *9 Noc *****74* „g IKTAUNG JAVA U 03-754 7774 Nc
      988 words
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  • Page 53 Miscellaneous
    • Miscellaneous
      Page 53 Miscellaneous Column 1
      141 53 MBW; *=K tr) (0' M ivj v LEGEND R Thunderstorm Temperature o Q yO^ y Shower Weather Wind direction with speed in knots Roin vj Cloudy Sky Wov he, 9^» Surfoce winds ore indicated by orrowt which Hy with the wind One fuM circle represents < aim or light and
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      37 54 For Sale I Time Charter SMALL TANKER 2250 DWT Heating Coil Equipped ISM Code Certified Dry Dock just completed Coastal Classification Bowthruster installed Fax or Email to: MSP TANKER (65) 440 5054 (62-21) 335 477 ronald@singnet.com.sg ptmsp@dnet.net.id
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