The Business Times, 17 March 1999

Microfilm: NL21391
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    11 1 THE BUSINESS TIMES 85c SINGAPORE Internet: http://business times.asial.com.sg/ WEDNESDAY, MARCH 17,1999
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  • Article
    MARKET SUMMARY
    63 1 nm mm ÜBM4 (-4.65) nn« iJ NU7 (-2.01) SOEK3 FDTUBES Mil (-1.30) PJMAMBTMOODe STOCK MAUET INDICES Tuesday Change KLSEOOMP SI 130 4J6 NIKKEI 1U718J *mn HANO SENG *$11H +74J» SET INDEX X4JI__-fJ3 JAKARTA COMP 37*46 +7.11 MANILA COUP _1.I81.84 +4«i TAIPEI WPI M7123 +7U1 SEOUL COMP MIA +181
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  • Article
    FINANCE
    77 1 FOIEZ BATES USS 8t uss 1.711 *<US|/SSp*S) lilt 2.786 EURO(USS/SSperE) 1.064 1866 Ml 1 m 0UK4 YEN 117J 1.440* HI UN .0.463 HO 7.7M (222 BAHT tia IN BJFIAH 8341 0.011* 'SttemunMt FUKB1ATEB SINGAPORE* 6.826 KUALA LUMPUR 11 JO JAKARTA 28.00 BANGKOK 14.75 MANILA tL» HONGKONG 11» TAIPEI IN
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  • Article, Illustration
    DBS Land stuns with full-year loss of $239m
    919 1  -  Company expects to return to the black this year after its first loss in 10 years By, Ang Wan May DBS Land dropped a stunner yesterday with a net loss of $239 million its first in 10 years as provisions and writedowns
    919 words
  • Article
    HKR's search for adviser fuels UIC takeover buzz
    767 1  -  From< Quak Hiang Whai in Hongkong HKR International, which is set to buy a 23 per cent stake in United Industrial Corporation (UIC), is looking for a financial adviser for its plans for the Singapore-listed group. This has fuelled further speculation that
    767 words
  • Article
    Jakarta may merge its seven nationalised banks
    663 1  -  But it may allow owners to buy them back later From Shoeb Kagda in Jakarta THE Indonesian government is considering merging the seven banks it took over last weekend, but is leaving open the possibility of allowing their owners to buy them back
    663 words
  • Article, Illustration
    Lock icon Untitled
    529 1 Noon Dow at 9,966, np 7 points; Greenspan comments suggest no rate change soon Reuters, Bloomberg [NEW YORK] The Dow Jones Industrial Average broke through the 10,000 level for the first time ever yesterday, momentarily touching 10,001.12 before profit-taking took it back down to 9,966.26 at noon EST, up 7.49
    Reuters,; Bloomberg  -  529 words
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      153 1 CRftfltrataff Centrepoint Properties Ltd will continue to build on its strength of its retail properties and establish a strong income flow while residential development projects will provide the 'cream', P|l« n#n 1 J Renault SA will buy 36.75% of Nissan Motor and take a stake in its truck-making unit, Nissan
      153 words
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      13 1 EU in crisis En masse quitting hurting EU's credibility; Euro hit, Pg 12
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      180 1 Sootts Shopping Centre to be sold? Pg 15 Parkway up 42%, Pgls Invented for you A Breguet watch has a unique responsibiM lity; it comes to you carrying the name of I m Abraham-Louis Breguet, the greatest watchmaker ever known. You will recognise it by tire legendary "Breguet" hands, the
      180 words
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  • BUDGET DEBATE FY 99
    • Article, Illustration
      Lock icon Electronic road pricing for 5 new areas from September
      435 2  -  These are PIE, Thomson, Kallanfe Bendemeer, ATE Reports by Christopher Tan ELECTRONIC road-pricing (ERP) will be extended to at least five new areas from September. Communications Minister Mah Bow Tan said the roads, which formed "an additional cordon outside the central
      FILE PHOTO  -  435 words
    • Article
      North-east sector to get two new highways
      281 2 TWO new expressways are being planned for the northeast corridor, according to Communications Minister Mah Bow Tan. Responding to a suggestion by Yeo Guat Kwang (Cheng San GRC) for a "North-East Expressway", Mr Mah said that "our long-term transportation plan has already made
      281 words
    • Article, Illustration
      Lock icon 3% annual growth ceiling for vehicles to stay
      516 2 Congestion expected to worsen significantly over the next five years THE government has given the green light to most recom-1 mendations by the vehicle quota review committee. However, it has put the brakes on its most sensational suggestion that the 3 per
      FILE PHOTO  -  516 words
    • Article
      Multi-mode transport firm will improve system: Mah
      328 2  -  By l Teh Hooi Ling THE creation of a multi-mode transport company will improve Singapore's overall public transport system, Communications Minister Mah Bow Tan said yesterday. Having pure bus or train companies is not ideal for the commuting public, nor is it sustainable
      328 words
    • Article
      New system yields 68,000 COEs for next year
      297 2 COMMUNICATIONS Minister Mah Bow Tan announced yesterday that there will be 68,191 COEs for the next quota year from May 1, 1999 to April 1, 2000. The figure was based on a recommended new method that forecasts deregistrations in the current year.
      297 words
    • Article
      EDB encouraging 'green' companies to set up shop here
      317 2  -  By. Audrey Tan THE Economic Development Board is encouraging environment technology companies to set up in Singapore, Environment Minister Yeo Cheow Tong said in Parliament yesterday. He said that the number of large foreign environment technology companies with operations here has
      317 words
    • Article
      Govt doing enough to help retrenched workers: minister
      285 2 THE Ministry of Community Development (MCD) will not hesitate, should there be a need, to ask for more funds to help retrenched workers. Community Development Minister Abdullah Tarmugi said yesterday. He assured Parliament that the government was doing enough to help retrenched
      285 words
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      220 2 w JEfeP X WI m m V lilt 'WwWtV» JH fW!^B I call lain Crlchton in Singapore from 18th to 27tlk March at The Marriott Hotel. I Tel: 735 5800 H'phone: 9791 7444 Email: icrichton@capital-let.co.uk I Capital Solutions A Letting Management Service with all the right answers for Singapore Investors.
      220 words
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      4 2 Your Partner in Recruitment
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      More disclosure won't put any bank in a spot: BG Lee
      765 3  -  Instead, it will give investors, depositors a dearer picture of the bank, he says By^ Conrad Raj THE move towards greater disclosure will not put any Singapore bank in a spot, but it will give investors and depositors a
      765 words
    • Article
      US-based Teletech opens $2m call centre in Tampines
      430 3  -  By, Jennifer Lien TELETECH, a US-based call centre specialist, yesterday opened its $2 million regional communication centre here which will act as its springboard into the Asian region. For a start, the centre, staffed by 52 employees fluent in eight Asian languages,
      430 words
    • Article
      France's Scor sees 34% jump in regional income
      214 3 SCOR Asia-Pacific, the Singa-pore-based regional headquarters of France's largest reinsurance group, has reported a 34 per cent jump in premium income last year despite the regional economic crisis. This represents a turnaround from the 3.5 per cent dip in premium income in
      214 words
    • Article
      Call centre business poised to soar, says expert
      438 3  -  Australia, S'pore, HE offer best value as hubs, he says By' Teh Hooi Ling THE call centre business is the shining star of the telecommunications industry and is poised for a dramatic growth as companies are beginning to realise such centres are
      438 words
    • Article, Illustration
      Lock icon Schering-Plough opens new US$25m plant
      361 3  -  By. Annette Pau SWISS-incorporated US pharmaceuticals giant ScheringPlough Corp yesterday opened its second plant here to make a revolutionary device for asthma treatment. The US$25 million (Ss43 million) outfit in Tuas, completed last November, is a secondary bulk manufacturing plant, and is slated to rake
      CHRIS LOH  -  361 words
    • Article, Illustration
      DBS sweetens home loans, cuts 1st year rate to 4.25%
      593 4  -  Half-point rate drop for owner-occupied property, fixed rate for first 2 years By i Clarissa Tan DBS Bank yesterday met its home loan rivals head-on, placing a fixed interest rate on the first two years of its mortgage package for
      593 words
    • Article
      SCCCI moves to help SMEs upgrade
      222 4 Chamber, PSB to work on four areas including training THE Singapore Chinese Chamber of Commerce Industry (SCCCI) and the Singapore Productivity Standards Board (PSB) yesterday launched joint initiatives to help the chamber's small and medium enterprises upgrade. At a briefing yesterday. the two bodies
      222 words
    • Article, Illustration
      Starwood Hotels' Asia plans hit a snag
      343 4  -  By Marissa Chew STARWOOD Hotels and Resorts Worldwide Inc, which made headlines last year with its mega acquisitions, has hit a snag in its Asian thrust. Starwood's Asia-Pacific president Ted Teng said yesterday at a press briefing that the group has postponed 20
      343 words
    • Article
      Unfair to earlier buyers of new flats
      296 4  -  LETTER TO THE EDITOR Wong Kee Wah via Internet Singapore I REFER to your report "HDB may lower prices of new flats this year: Hng Kiang" (BT, March 16). I was one of the applicants who was asked to select a new HDB
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    • Article, Illustration
      Lock icon No opportunity, no time, so no partner, say singles surveyed
      316 4 SDS poll finds 98% of females want to (set married THE main difficulties singles have in finding a partner are the shortage of time because of work, and the lack of opportunities to meet members of the opposite sex, a
      FILE PHOTO  -  316 words
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      55 3 Lend Lease Project Management, Design Engineering and Construction Team Congratulates Sobering Plough on the official opening of their new pharmaceutical facility. An innovative state-of-the-art DPI plant completed in record time. V" Jy Local Office Ifty m ,Or Tel: 65 258 8777 Fax:6s 259 6677 Web: http://www.lendlease.com.au/property -;rx dThomson Road #06-01
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      139 4 FT M S Training Tomorrow's Professionals TODAY! Commencing end March '99 Chartered Accounting course first time offered in Singapore Intensive, exam-oriented course Professional, experienced subject specialists from UK Open to Degree and Professional Qualification (ACCA, CIMA, etc) holders In addition, students will also undertake non-core papers; exemptions are available, subject
      139 words
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      69 4 Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Mrs Diana Bean, General Manager or Ms Floranca Nathan, Manager I OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE. 24 RAFFLES PLACE, SINGAPORE *****1 E-mail:
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      167 5 —Jm. Wnmk wmf )M /QUALITY CLASS w i YOUR JOURNEY TO WORLD-CLASS BUSINESS EXCELLENCE The journey to world-class business excellence that's the critical step that every organisation should take in order to be competitive. The Singapore Quality Class (SQC) scheme enables all organisations to take that critical step. They are
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      87 6 I Are your purchasing costs larger than you think? 0L > The New DBS MasterCard Purchasing Card purchasing pioivss <t oven helps you keep track of your expenditure with its comprehensive rancie of system contfi-s. hillings and reporting options. Already, tins purchasing system has helped corporations save substantial costs. Proof
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Locking in value in a volatile market
      1365 7  -  Current dip may be good time to reduce greenback, HK dollar exposure By, Larry Wee IS it the nature of the beast? The Dow made three new highs since last Wednesday it finally crossed 10,000 yesterday but the US dollar is lower. Japan's
      Source: HypoVereinsbank  -  1,365 words
    • Article, Illustration
      Imact of Lafontaine's exit on euro
      782 7 confidence in Germany improves THE key for European markets and the euro, after German Finance Minister Oskar Lafontaine resigned last week, is how much control German Chancellor Gerhard Schroeder now has over his ruling coalition, as well as the timing of a European central
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    • Article
      THE WEAK AHEAD
      373 7 Shinpow IMPORTANT stats out by the end of the week, with a different month for Chinese New Year festivities this year throwing up a wide range in projected year-on-year numbers. MMS, especially, is factoring a large negative for both January retail sales as well as February non-oil
      373 words
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      166 7 An invitation to enter your company for the first-ever Singapore H.E.A.L.T.H. Award. For the first time, the prestigious H.E.A.L.T.H. (Helping Employees Achieve Life-Time Health) Award awaits organisations that believe in inculcating healthy lifestyles and habits in their staff. This recognition speaks volumes of your status as a caring employer who
      166 words
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Danaharta bought RM20b of NPLs at 37% discount
      729 8  -  Analysts: Interim report shows impartiality, smaller than expected buys From. Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S asset management company Danaharta Nasional Bhd has bought at an average discount of 37 per cent almost 20 billion Malaysian ringgit (Ss9 billion) of non-performing
      729 words
    • Article
      Hottick's RM3b loan taken over by agency?
      558 8  -  MD's hints appear to point to Halim's private firm From Eddie Toh in Kuala Lumpur DANAHARTA, the agency in charge of rehabilitating sour loans, appears to have taken over the loans of Hottick Investment, the private arm of Halim Saad, who is also
      558 words
    • Article
      Capitalcorp, creditors agree on debt restructuring
      262 8  -  From Diana Oon Abdullah in Kuala Lumpur CAPITALCORP Securities yesterday said it had reached an agreement with creditors on its debt restructuring. Under the scheme, the brokerage's secured creditors will be repaid in full in cash instalments, while unsecured creditors will be issued with
      262 words
    • Article
      Lock icon HK bankers play down forex risk to China projects
      281 8 Reuters [HONGKONG] Hongkong bankers said yesterday that fears of companies with infrastructure investments in China not being able to change yuan into US doUars to service debt were overblown. Moody's Investor Services had said companies with investments in infrastructure projects may
      Reuters  -  281 words
    • Article
      Lock icon Jakarta vows to press on with bank reforms
      583 9 It says inflation falling, sees recovery next year in latest IMF letter of intent Reuters, Bridge News [JAKARTA] Indonesia yesterday pledged to press on with bank reforms and forecast economic growth would return in the second half of next year. It also
      Reuters,; Bridge News  -  583 words
    • Article
      Lock icon NEAC rejects Moody's negative assessment
      326 9 AFP IKUALA LUMPUR] Malay- sia's National Economic Action Council (NEAC) rejected yesterday an assessment by Moody's Investor's Service of the country's political and economic situation. The New York-based agency said late Monday in a report that Malaysia's ratings outlook remained "negative" due to the uncertain
      AFP  -  326 words
    • Article
      Lock icon M'sian economy set to grow as much as 3% in 1999: Daim
      237 9 Bridge News Bernama [KUALA LUMPUR] Malaysian Finance Minister Daim Zainuddin said the country's economic growth is expected to reach as high as 3 per cent in 1999, according to national news agency Bernama. Based on the latest indicators,
      Bridge News; Bernama  -  237 words
    • Article, Illustration
      Lock icon Workers fight for severance packages
      455 9 DrDOM BAMS REORGANISATION Govt draws up list of bankers to be barred from leaving country AFP [JAKARTA] Hundreds of employees of 38 closed banks yesterday staged noisy protests here to demand proper severance packages as Jakarta drew up a list of "tainted" bankers to be
      AFP; REUTERS  -  455 words
    • Article
      Lock icon BI chief sees rupiah rising to 7,000
      161 9 Bridge News [JAKARTA] The Indonesian rupiah will strengthen to as much as 7,000 against the US dollar between May and June because of the government's banking reforms, Bank Indonesia governor Sjahril Sabirin said yesterday. "I think the rupiah will be 7,000 within the
      Bridge News  -  161 words
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      161 8 Using IT to help a company work smarter is one thing. Doing the same for an entire country is quite biggest project of its kind in the world. But really, the most important thing is that it helps people another. Particularly if the nation in question happens to be as
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      210 9 r Bl ■ft. 1 B I I -$A* "'K J m< I i g V Ktil/i m SIJ 1 X |R jj m j II S*!; i J Ifw IwPPB S^Bl ft IW v •.»< 3Bims: 9 a*"* -> MJ» Jf»\o Discover Melbourne in style, and experience its non-stop excitement
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  • REGION
    • Article
      Lock icon Funding woes for Three Gorges Dam
      192 10 BEIJING AFP AUTHORITIES charged with managing China's mammoth Three Gorges Dam project are reporting "difficulties in financing" that is running into billions of dollars, official media reported yesterday. Officials from the China Yangtze Three Gorges Project Development Corp (CTGPC) have confirmed only 55 billion
      AFP  -  192 words
    • Article, Illustration
      Can Mahathir 'do a Sabah'in the next GE?
      761 10  -  AOiMTDW Lesson for the opposition: They will clearly have to do much more if they hope to imseat the Front By Yang Razali Kassim Despite the odds, Malaysian Prime Minister Mahathir Mohamad's National Front romped home to victory in the Sabah state
      761 words
    • Article
      Malaysia's multimedia corridor project very much alive: official
      865 10  -  Magazine article giamwiftd as being slanted and malicious From Ruth Wong in Kuala Lumpur MULTIMEDIA Development Corporation (MDC) executive chairman Othman Yeop Abdullah yesterday slammed Business Week magazine's recent article "Mahathir's High-Tech Folly" as being slanted and said the Multimedia Super Corridor
      865 words
    • Article
      Lock icon Asean closes ranks against China over Spratly's row
      371 10 MANILA China tc be asked to sign regional code of conduct: diplomat AFP ASEAN is to ask China to sign a "regional code of conduct" in a move to check alleged expansion activities in disputed South China Sea territories, a senior Filipino
      AFP  -  371 words
    • Article, Illustration
      Lock icon An eye for detail
      58 10 [HANOVER] Kyungmin Bin from South Korea fixing a poster for South Korean computer company LG electronics at the CeBIT technology trade fair in Hanover yesterday. About 7,341 exhibitors from 60 countries will present their products at the world's biggest computer fair which will be opened to
      REUTERS  -  58 words
    • Article
      Lock icon Group surrenders arms to troops in Ambon
      217 10 AMBON Reuters A SMALL group of Muslims and Christians on Indonesia's ravaged Ambon island voluntarily surrendered weapons yesterday as security forces searched for arms. Some 70 Muslims and Christians surrendered their weapons at a site next to Silo Church in Ambon city, 2,300
      Reuters  -  217 words
    • Article
      Cyberport: HK govt denies secret PCG deal
      549 10  -  It plans to sell stake in residential portion to 3rd parties From* Quak Hiang Whai in Hongkong FACED with widespread criticisms on the way it awarded the proposed "cyberport" deal, the Hongkong government last night dismissed allegations that there was a secret deal
      549 words
    • Article
      Lock icon Don't try to be a military power, China tells Japan
      169 10 BEIJING AFP CHINA yesterday warned Japan against attempting to become a military power as it debates new US-Japan defence guidelines. "Japan should take concrete steps to limit its defence to its own territory and adjacent waters and not embark on
      AFP  -  169 words
    • Article
      Lock icon Suharto family puts London homes up for sale: report
      321 10 LONDON AFP RELATIVES of former Indonesian president Suharto are selling three lavish London properties in a move that could be linked to the corruption probe he faces back home, The Independent reported yesterday. The daily said the properties in upmarket areas
      AFP  -  321 words
    • Article
      Lock icon Tokyo Upper House to reject Budget: Obuchi aide
      299 11 TOKYO AFP JAPAN'S upper house will deliver the government an embarrassing blow this week by rejecting the Budget, a senior Tokyo official said yesterday. The record-sized 81.86 trillion yen (Ssl.2 trillion) Budget went through the powerful lower house last month and will
      AFP  -  299 words
    • Article
      US protectionism rising, Japan ambassador says
      489 11  -  He cautions against threat of emerging nationalism in Japan From. Anthony Rowley in Tokyo THERE are emerging signs of trade protectionism in the US, warned Japanese ambassador to the US Kunihiko Saito yesterday. He promised that Tokyo would do all it could to help
      489 words
    • Article
      Lock icon Japanese economy bottoming out say EPA and BOJ
      402 11 TOKYO But many analysts disagree with agency, say economy still in dire straits AFP TWO influential reports released yesterday indicated that Japan's economy is no longer weakening and is ready to turn around. "Although the economy continues to be in an exceedingly
      AFP  -  402 words
    • Article, Illustration
      Lock icon Beazley eyes constitution change to curb Senate
      301 11 CANBERRA Bridge News AUSTRALIA'S Labor Opposition Leader Kim Beazley yesterday proposed constitutional change to limit the Senate's ability to block government budget bills, and to extend parliamentary terms to four from three years. "Labor stands ready to consider limitations on the Senate capacity
      Bridge News  -  301 words
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  • THE WORLD
    • Article, Illustration
      Lock icon En masse quitting seen hurting EU's credibility
      1025 12  -  EU IN CRISIS But many officials say crisis could be good as itH allow EU executive to undergo much-needed reform From\ Shada Islam in Brussels THE European Commission's surprise en masse resignation following a damning independent report on fraud and nepotism in the
      AFP; Source: AFP  -  1,025 words
    • Article, Illustration
      Lock icon Euro hit by resignation of European Commission
      477 12  -  SINGAPORE US$ also hurt as Nikkei rallies again to break 16,000 pts By: Larry Wee THE euro took a hit yesterday on news that all the 20 members of the European Commission had resigned overnight, as did the US dollar, as Japan's key
      Source: Bridge  -  477 words
    • WORLD Watch
      • Article, Illustration
        Lock icon Forbes in presidential race via Net
        87 12 AFP [WASHINGTON] US billionaire Steve Forbes (right) yesterday joined the already crowded field for the 2000 White House race via the Internet in a nod to the new information age. "Please join us so that together we can take America bade from 'they the
        AFP  -  87 words
      • Article
        Lock icon US factory output up in Feb
        75 12 Bloomberg [WASHINGTON] US industrial production unexpectedly rose in February, led by a fifth straight monthly gain in factory output, Federal Reserve figures showed. Output at factories, mines and utilities rose 0.2 per cent last month after being unchanged in January. Analysts had expected no
        Bloomberg  -  75 words
      • Article
        Lock icon US banks increase credit to Brazil
        58 12 Bloomberg {PARIS] US banks have increased credit lines to Brazil in recent weeks, reversing months of cuts, while European banks have continued to slash their exposure. Lenders such as Citigroup and Chase Manhattan increased credit after prodding from the IMF and US officials once
        Bloomberg  -  58 words
      • Article
        Lock icon Zero growth for Latin America forecast
        52 12 Bloomberg [PARIS] The IMF has cut its 1999 economic growth forecast for Latin America to zero in the wake of Brazil's currency devaluation. The IMF reduced its estimate from growth of 1.5 per cent for the region. Latin America grew 2.5 per cent last
        Bloomberg  -  52 words
    • Article
      Lock icon Over 24m jobs lost in East Asia with crisis
      497 12 GENEVA ILO meets Friday to look at how to minimise fallout AFP MORE than 24 million jobs have been lost in East Asia since financial turbulence began in the region, the International Labour Organisation warned yesterday. Most of the jobs had
      AFP  -  497 words
    • Article
      Lock icon Five most expensive cities are in Asia; Tokyo heads the list
      332 12 GENEVA AFP THE world's five most expensive cities are in Asia, according to a survey of more than 150 cities issued yesterday by global consulting firm William Mercer. Most expensive are Tokyo, Hongkong and Beijing, followed by Osaka and
      AFP  -  332 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      UK taxes rise as public services fall
      855 13  -  188 BOTTOMUME OPINION By David Mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT THE recent budget statement in the
      855 words
    • Article
      IN OTHER WORDS
      108 13 'If there was a contest for most overpaid CEO in America, in most every year, Sandy would be a winner. Now, John is up there with him.' Graef Crystal who edits a Web site about executive pay, on Citigroup co-chiefs Sanford Weill and John Reed. Messrs Reed
      108 words
    • Article
      Mahathir's big test to come
      693 13 EDITORIAL THE thumping win for Malaysia's ruling National Front coalition in eastern Sabah state may give some people the impression that Prime Minister Mahathir Mohamad's political woes are over. They are not The outcome in Sabah may have strengthened the National Front's grip on the
      693 words
    • Article, Illustration
      Lock icon Y2K: world's gift to India
      1085 13  -  The software industry is India's success story of the '90s, thanks to the millAiminm bug By. Krishna Guha and Paul Taylor FT FORGET Silicon Valley. Investors looking for the next Bill Gates should set their sights on India's software entrepreneurs. Infosys Technologies, an 18-year-old company
      FT; FILE PHOTO  -  1,085 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      1053 13 Buuuudpntacttalai THE EU-US conflict over bananas is being watched in Asia with incredulity, and worry. At one level it is a bizarre, almost amusing spectacle, giant trading blocs in a major quarrel over a fruit that neither produces bananas. But Asia is a region which for
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Brazil pins its hopes on Oscar
      528 14  -  Two nominations cheer an industry mired in economic woes, says joeludidemch JOELLE DIDERICH Reuters BRAZILIAN cinema has a new spring in its step these days thanks to two Oscar nominations that have brought a little Hollywood glamour to an industry struggling against a deep
      Reuters  -  528 words
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      132 14 Where to wine, dine and entertain..." «j>WM™*Ss Enjoy BIG discounts FASHION offhouse-pounng lllndrinks and been, 1 with taoy free c jbSu. '•*®P ,n 9 JOpm snacks. There's 6 also a fashion show 7 c JX\l HAFTT every Thunday! aiT 1 P\ J (Mill In addition, catch U jjm our talented
      132 words
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      Page 14 Advertisements Column 2
      57 14 II available for private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road Road, Singapore *****7 Tat 737 9944 Fax: 733 3175 on predictions. H Advertise in Wine, Dine Entertain of The Business Times and reach out to 140,000 readers daily. Contact Jennifer
      57 words
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      6 14 Guvfomul fiftutic for far yur wotKtowtt..
      6 words
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      Page 14 Advertisements Column 4
      166 14 The Grand Plaza Parkroyal offers special Full-Day Seminar Package at only #45 per person. This includes two coffee breaks, snacks, choice of lunch at the hotel's restaurants and complimentary use of meeting room, basic audio visual equipment, flip chart, wnyteboaxd, markers, writing pads and pens. Offer ends December '99. Please
      166 words
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      Page 14 Advertisements Column 5
      128 14 I gfajjL Food Wine Festival 1 31 March 1999 We bring you the grandeur of this French region at Top of the C M Top Revolving Restaurant Orflfe Bon Appetit! Uz Revolving Reservations: 831-6258/88 Ma/uktrut Ue Singapore 333 Orchard Road, Singapore *****7. Tel: 737 4411 Fax: 732 2361 > T*sfre
      128 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      863 14 CRYPTIC CROSSWORD ACROSS p —J J g j 5 B 10 Game and how to score in it any batsman (7) (■■J mJ |h| —mJ Lh Lm 12 It gets me back in the newspa- JHi 13 Crown jewels (5) 14 Group of pupils learn social 15 6 17 Irreverence
      863 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Parkway beats forecasts with 42% rise in profit
      720 15  -  Non-care assets, including Parkway Parade, to be sold to cat borrowings Reports by Rahita Elias [SINGAPORE] Parkway Holdings has surpassed market expectations with a 42 per cent rise in 1998 net profit to $28 million and said yesterday it plans to shed
      Photo: Chris Loh  -  720 words
    • Article
      Marketing, education key in building bond interest
      762 15  -  HOCK LOCK SIEW Wong Wei Kong THE concerted push to promote the development of the Singapore bond market is little more than a year old. In a very short time, much has been accomplished. Activity in the government bond market has doubled with
      762 words
    • Article
      Group plans eventual exit from property
      312 15 [SINGAPORE] Parkway Holdings, the property-turned-healthcare group, will exit from the property business eventually as it sells off its non-core assets to further reduce its debt burden of more than $800 million. Managing director Tony Tan said: "We are restructuring to transform Parkway into a
      312 words
    • Article, Illustration
      Lock icon Scotts Shopping Centre to be sold?
      339 15  -  DBS Land, if it gains control, will refocns Scotts Holdings on service apartments By. Ang Wan May DBS Land will restructure Scotts Holdings into a "pure service residences business" and dispose of its key Singapore retail asset Scotts Shopping Centre if it gains control
      SIEW YAW HOONG  -  339 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Centrepoint strengthens retail properties as income base
        644 16  -  CPL's residential development projects will provide the'cream' Reports by < Corinne Kerk [SINGAPORE] Centrepoint Properties Ltd (CPL) will continue to build on the strength of its retail properties and establish a strong income flow while its residential development projects will provide the "cream".
        ARTHUR LEE  -  644 words
      • Article
        HK govt appoints 3 firms to manage share holdings
        381 16  -  Names not disclosed yet; share buybacks among sale options From Loh Hui Yin in Hongkong THE government will sell the shares it bought in Hong-kong-listed companies through a combination of methods, such as share placements, buybacks by the companies, exchangeable bonds
        381 words
      • Article
        Lock icon HK bourse mum on call for China tie-up
        240 16 Bridge News [HONGKONG] The Stock Exchange of Hongkong (SEHK) declined to comment yesterday on the suggestion by Charles Lee, former chairman of the SEHK, that the local stock exchange should form an alliance with its China counterparts in a bid to enhance
        Bridge News  -  240 words
      • COMPANY Briefs
        • Article
          Lock icon Boustead to buy Affin Credit for RM7.8m
          69 16 Bernama [KUALA LUMPUR] Boustead Holdings yesterday said it would buy Affin Credit (1991) Sdn Bhd from Lembaga Tabung Angkatan Tentera (LTAT) for 7.8 million Malaysian ringgit (553.5 million). The two parties sealed an agreement yesterday. Boustead also said that it would be paying
          Bernama  -  69 words
        • Article
          Lock icon Indosat privatisation bid result soon
          66 16 AFX-Asia [JAKARTA] British Telecommunications pic, France Telecom and Telstra Corp are bidding in the privatisation tender for PT Indosat, the Bisnis Indonesia daily quoted Minister for State Firms Tanri Abeng as saying yesterday. Mr Tanri said the tender winner would be announced next week. The
          AFX-Asia  -  66 words
        • Article
          Lock icon Pilipinas Shell posts 1.6b pesos net profit
          85 16 AFP [MANILA] Pilipinas Shell Petroleum Corp said yesterday it posted a net profit of 1.6 billion pesos (5170.9 million) for 1986 with the help of an asset sale, reversing a 1.5 billion-peso net loss in 1997. Corporate affairs manager Reynaldo Gam boa credited
          AFP  -  85 words
        • Article
          Tuan Sing ups Aussie hotel stake
          59 16 [SINGAPORE] Tuan Sing Holdings has marginally raised its stake in Australia-listed Grand Hotel Group. Its wholly-owned subsidiary, Tuan Sing Australia (TSA), bought 75,000 Grand Hotel shares for A 5120,000 (*****,468), or A 51.60 a share, through the Australian Stock Exchange. Its stake is now
          59 words
        • Article
          Tong Meng back in the black
          75 16 [SINGAPORE] Tong Meng Industries has returned to the black with $865,000 in net profits for 1996, as opposed to a $8.96 million loss the year before. Turnover, however, fell 40 per cent to $2.97 million. Tong Meng's earnings per share is now 10.82 cents,
          75 words
        • Article
          5.6% deemed interest in Hwa Hong
          53 16 [SINGAPORE] Hong Leong Investment Holdings said yesterday that it had a deemed interest in 8.97 million shares, or 5.6 per cent, of Hwa Hong Corporation. The deemed interest arises from shares held by registered holders Hong Leong Enterprises, Tudor Court Gallery, Starich Investments and
          53 words
      • Article, Illustration
        CPL plans 3 project launches around Q4
        658 16 [SINGAPORE] Centrepoint Properties Ltd (CPL) will launch three 99-year leasehold residential projects in the Yishun and Sembawang areas around the fourth quarter of this year, and is also planning new development concept for "mature" buyers. In addition, the listed developer will launch D'Manor
        658 words
      • Article
        San Teh's chairman and wife sued by his brother
        242 16 [SINGAPORE] The chairman and finance director of main-board-listed San Teh a husband and wife team are being sued by the chairman's brother. In a statement to the stock exchange yesterday, rubber keypad maker San Teh said chairman Kao Shin Ping and
        242 words
      • Article
        Samudera profit up 50% as turnover jumps 24%
        188 16 [SINGAPORE] Samudera Shipping Line yesterday reported a 50 per cent rise in net profit to $16.3 million for 1998 on improved turnover and lower costs. The profit improvement came on the back of a 23.6 per cent increase in turnover to $316.7
        188 words
      • Article
        Lock icon HK landlord Hysan posts 24% profit drop, sees a weak' 99
        247 16 Bloomberg [HONGKONG] Hysan Development Ltd, one of Hongkong's biggest landlords, said net profit dropped unexpectedly last year and warned of another weak year to come. Hysan, a member of the Hang Seng Index, said earnings fell 23.6 per cent
        Bloomberg  -  247 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Renault to buy 36.8% of Nissan Motor: report
        606 17 French car maker will also take a stake in Japanese firm's track-making unit in USs6b deal Bloomberg, Reuters [TOKYO] Renault SA will buy 36.75 per cent of Nissan Motor Co Ltd and take a stake in its truck-making unit, Nissan Diesel Motor
        Bloomberg,; Reuters; AFP  -  606 words
      • Article, Illustration
        Lock icon JAL to cut 10% of ground staff, debt by 100b yen
        509 17 Bat it will pay 3 yen dividend this year, the first in 7 years Bloomberg [TOKYO] Japan Airlines Co (JAL), Asia's largest airline, said it will slash 10 per cent of its 36,000-strong ground staff, reduce its board members
        Bloomberg; AFP  -  509 words
      • Article
        Lock icon Daiwa Securities warns of 105b yen loss overseas
        342 17 AFP [TOKYO] Japan's Daiwa Securities Co said yesterday that it would suffer a 105 billion yen (Ssl.s billion) pre-tax loss at its overseas subsidiaries this year. The heavy loss stemmed from the withdrawal of brokerages from the securitisation business and rationalisation efforts,
        AFP  -  342 words
      • Article
        Lock icon DoCoMo, Sun in mobile computing tie-up
        147 17 Bloomberg [TOKYO] NTT Mobile Communications Inc, Japan's largest ceUular phone company, said it wiU form an aUiance with Sun Microsystems Inc, one of the biggest makers of computers that run Internet sites, to use Sun's Java and Jini systems for mobile computing. NTT DoCoMo,
        Bloomberg  -  147 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon NYSE, Tokyo bourse to set up panel to study alliance
        375 18 They aim to fulfil roles as global exchanges, boost mutual listings Bloomberg [TOKYO] The Tokyo Stock Exchange (TSE) and the New York Stock Exchange (NYSE) will set up a joint committee to study possible areas for a alliance, said TSE
        Bloomberg; REUTERS  -  375 words
      • Article
        Lock icon IBM's deal with Washington Mutual extended
        225 18 Bloomberg [NEW YORK] International Business Machines Corp won a multi-million-dollar extension to its services contract with Washington Mutual Inc, solidifying IBM's lead in the growing field of managing corporate networks. The new 10-year contract, one of IBM's largest personalcomputer and networkingservices jobs, will be
        Bloomberg  -  225 words
      • Article
        Lock icon Posco shareholders move to block hostile takeovers
        326 18 They approve plan to issue convertible preference shares Reuters [SEOUL] Shareholders of Pohang Iron and Steel Co (Posco) moved yesterday to block potential hostile takeovers, authorising South Korea's largest steelmaker to issue convertible preferred shares at the directors' discretion. "Posco will introduce 'convertible
        Reuters  -  326 words
      • WORLD Briefs
        • Article
          Lock icon Boost for Cheung Kong Infrastructure?
          91 18 Reuters [HONGKONG] Cheung Kong Infrastructure Holdings Ltd's 1996 earnings are set to get a boost from more infrastructure projects and a full-year contribution from Hongkong Electric Holdings Ltd, which posted a 5.5 per cent rise in 1998 profit. Analysts' net profit forecasts range from about
          Reuters  -  91 words
        • Article
          Lock icon Japan banks to sell some shareholdings
          93 18 FT [TOKYO] Two Japanese banks, Fuji and Sumitomo, are planning to sell some of their huge shareholdings in related companies. Fuji said it would unwind 1,000 billion yen (5514.6 billion) of its 3,200 billion yen cross-shareholdings over the next five to six years. Its
          FT  -  93 words
        • Article
          Lock icon Black & Decker chief makes US$32m
          56 18 Black Decker chief makes US$32m Bloomberg [WASHINGTON] Black Decker Corp chairman and chief executive Nolan Archibald made US$3l.9 million (5554.9 million) in 1996 by exercising previously granted stock options, the company disclosed in a regulatory filing. That figure is on top of US$4.7 million in salary, bonus, and other compensation
          Bloomberg  -  56 words
        • Article
          Lock icon Bayer upbeat on health care earnings
          50 18 Reuters [FRANKFURT] German drug maker Bayer AG said yesterday it aimed to boost earnings at its health care division by more than one billion marks (***** million) by 2001. Last year, Bayer's health care division had an operating profit erf 1,8 billion marks. —Reuters
          Reuters  -  50 words
        • Article
          Lock icon 72% lift for Schindler earnings
          45 18 Bloomberg [LUCERNE] Schindler Holding AG, the world's No 2 elevator and escalator maker, said 1996 profit rose 71.5 per cent, beating expectations. Net income rose to 244.9 million Swiss francs (*****.7 million) from a revised 142.8 million francs in 1997.—Bloomberg
          Bloomberg  -  45 words
      • Article
        Lock icon Dow Corning offers women US$3.2b plan
        335 18 Reuters [NEW YORK] Dow Corning Corp said yesterday it mailed ballots to 170,000 women around the world asking them to approve a US$3.l7 billion (555.46 billion) settlement to end claims against the company for allegedly harmful silicone gel breast implants. Dow Corning, a joint
        Reuters  -  335 words
      • Article, Illustration
        Lock icon UAL'S Q1, 1999 profits set to beat forecasts
        481 19 Improved earnings doe to increased US air travel, pilots' dispute at rival AMR Bloomberg [CHICAGO] UAL Corp, parent of the US' No 1 carrier United Airlines, said firstquarter and 1999 earnings will exceed analysts' expectations because of increased US air travel and
        Bloomberg; Source: Bloomberg  -  481 words
      • Article
        Lock icon Analysts turn more bullish on Microsoft
        301 19 Investment gains and deferred revenue cited Bloomberg [REDMOND, Washington] Microsoft earnings in the fiscal fourth quarter and full year will be higher than previously expected because of deferred revenue and investment gains, according to analysts who've raised estimates. The world's biggest software maker is
        Bloomberg  -  301 words
      • Article
        Lock icon Schwab's Q1 profit seen topping forecasts
        280 19 Bloomberg [SAN FRANCISCO] Charles Schwab Corp said its first quarter earnings will exceed analysts' estimates by 5 to 8 US cents a share because of strong customer trading activity this year. Schwab, the biggest US discount and online brokerage, said it will earn US$l3O
        Bloomberg  -  280 words
      • Article
        Lock icon Pilots' pay row expected to cut AMR's 1999 gains
        343 19 Bloomberg [FORT WORTH, Texas] AMR Corp, parent of No 2 US carrier American Airlines, said its 1999 earnings will be cut by a pilots' pay dispute last month that led to the cancellation of more than 6,600 flights. AMR chairman and
        Bloomberg  -  343 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon BNP up on report of Deutsche support
        429 20 810 BANK TAKEOVERS SocGen, P&rib&s also rise; German bank may take stake in new entity: paper Bloomberg Reuters, [PARIS] Shares in BNP, Societe Generale and Paribas jumped yesterday, boosted by a press report that Deutsche Bank would support BNP in its double bid
        Bloomberg; Reuters,  -  429 words
      • Article, Illustration
        Lock icon Merrill shares rise 5% on talk of Chase bid
        270 20 Potential targets Donaldson Lufkin, JP Morgan also gain Bloomberg [NEW YORK] Merrill Lynch Co shares surged 5.1 per cent on Monday on speculation that Chase Manhattan Corp might bid for the largest US securities firm, traders said. Merrill stock rose 4
        Bloomberg; Source: Bloomberg  -  270 words
      • Article, Illustration
        Lock icon Fleet seen getting regulators' nod for US$16b BankBoston buy
        336 20 Bloomberg [BOSTON] Fleet Financial Group Inc's proposed US$l6 billion (5527.5 billion) acquisition of Bankßoston Corp will probably be approved by federal regulators as long as the banks arrange a sale of overlapping branches to resolve anti-trust issues, merger attorneys said on
        Bloomberg; REUTERS  -  336 words
      • Article
        Lock icon Goldman Sachs' Q1 pre-tax earnings up 16% to US$1.2b
        385 20 Its trading arm recovers, investment bank performs well Bloomberg, Reuters [NEW YORK] Goldman Sachs said yesterday its pre-tax earnings rose 16 per cent to US$l,lBB billion (Ss2 billion) in the first quarter as its trading arm recovered from tough conditions last
        Bloomberg,; Reuters  -  385 words
      • Article
        Lock icon Credit Suisse nets SFr700m in second half
        411 20 Turnaround helped by growth in money management Bloomberg [ZURICH] Credit Suisse Group, Switzerland's No 2 bank, posted a higher-than-expected second-half profit as growth from money management more than made up for an investment banking loss. Credit Suisse earned 700 million Swiss francs (SsB26
        Bloomberg  -  411 words
      • SMALL Change
        • Article
          Lock icon Fed okays Commerzbank's buy
          72 20 Bridge News [WASHINGTONI Commerzbank AG received Federal Reserve Board approval on Monday to purchase Seoul-based Korea Exchange Bank and thereby acquire its Los Angeles subsidiary, California Korea Bank. California Korea, a small bank controlling less than l of California's total bank deposits, operates branches in New
          Bridge News  -  72 words
        • Article
          Lock icon Online business booming UK's Pru
          88 20 Bloomberg [SYDNEY] Prudential Corp Pic, Britain's largest insurer, said its telephone and Internet banking venture, Egg, notched up deposits of more than £3 billion (SsB.4 billion) fuelled by higher than expected growth in online users. The Internet market "is growing much faster than I though
          Bloomberg  -  88 words
        • Article
          Lock icon Barclays to start free Net servioe
          69 20 Reuters [LONDON] British bank Barclays Pic said yesterday it was launching a free Internet service, which it said was the first in Britain to combine unlimited Internet access, online banking and stockbroking. Barclays.net, available from April, will be offered free to all of Barclays'
          Reuters  -  69 words
        • Article
          Lock icon US banks'profits down 2.5%
          78 20 Bloomberg [WASHINGTON] US commercial banks earned US$l4.9 billion (5525.6 billion) in the fourth quarter, down 2.5 per cent from a year earlier, as overseas operations remained weak and costs from mergers continued to cut into profit, the Federal Deposit Insurance Corp said. It was the second
          Bloomberg  -  78 words
      • Article
        Futures rally fizzles out
        121 21  -  Mi—m Reports MSd Singapore Index Edward Cheung, Jardine Fleming PROPERTY stocks pushed the MSCI Singapore Free Index higher at the opening yesterday as local interbank rates feU for the second day, dropping 12.5 basis points to 1.75 per cent. The lead month March contract opened at
        121 words
      • Article
        Futures rise on retail buying
        159 21  -  MSCI Taiwan fatnres Cecilia Loh Refco Singapore THE Simex MSCI Taiwan Stock Index futures rallied 1.10 points yesterday. The Taiex soared 73.91 points to 6,672.23 amid optimism that Taiwan computer-related exports would increase following gains on the Nasdaq. The futures market softened down from the
        159 words
      • Article
        Lock icon Oil prices hold steady ahead of US weekly inventory report
        386 21 ENERGY REPORT Bloomberg [NEW YORK] Crude oil futures were little changed as traders awaited a weekly report on US oil production and supply for signs of strengthening demand needed to reduce abundant inventories. Traders are particularly interested in petrol in
        Bloomberg  -  386 words
      • Article
        Lock icon CURRENCY REPORT
        320 21 Reuters London THE euro crawled up against the US dollar in late European trade yesterday, regaining the ground it lost earlier when the resignation of the entire European Commission undermined the fragile European currency. The euro had risen back to the levels it had been at against the
        Reuters  -  320 words
      • Article, Illustration
        Untitled
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        1,119 words
      • Article
        Untitled
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        1,741 words
    • Article
      WORLD STOCK MARKETS
      2175 22 LONDON Miittlib ■rw Hmi 3i Group 6.19 -0.02 Alliad Oomacq 4.83 -0.15 AMad Zurich 8.75 0.04 Anglo Amarlcan Gold 23.60 0.10 ASDA Croup 1.43 -0.02 A 8 Foods 4 29 -0.08 A 8 Port! 2.83 -0.03 Ban* of Scotland 8.41 -0.02 Barclays 18.56 0.24 Bass 9.32 0.06
      2,175 words
    • Article, Illustration
      Lock icon HONGKONG
      1407 22 AFP Hang Seng ♦7139 HONGKONG stocks closed up 0.7 per cent yesterday after gains on Wall Street overnight, but failed to breach the key 11,000 resistance level. The blue chip Hang Seng Index ended up 74.39 points at 10,911.25 on total turnover of HK$4.7 billion. Dealers said investors were
      AFP  -  1,407 words
    • Article, Illustration
      Lock icon CHINA
      521 22 Reuters PShenihanß Index -0.41 SHENZHEN'S hard currency B share index fell yesterday, weighed down by expected weakness in 1998 corporate results despite a solid annual report from Shenzhen Fangda 2055. SZ, analysts said. The index sank 0.41 point, or 0.87 per cent, to close at 46.27 on turnover of
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  521 words
    • Article
      Lock icon TAIPEI
      333 22 Reuters Flwr Index ♦73J1 TAIWAN share prices followed Monday's rally to close above 6,600 points yesterday, boosted by foreign hinds' persistent net buying and Wall Street's overnight rise, brokers said. The Weighted Price Index closed up 73.91 points, or 1.12 per cent, at 6,672.23. Turnover was NT1141.88 billion, the
      Reuters  -  333 words
    • Article
      Lock icon TOKYO
      1604 22 AFP Q Nikkei 225 +293^2 TOKYO share prices soared 1.9 per cent yesterday as domestic players joined foreign investors to bolster a bullish trend, pushing the key Nikkei index above 16,000 points for the first time in seven months. Foreigners stepped up purchases to hedge risks against a record-breaking
      AFP  -  1,604 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8272 23 Transaction date :Marl6 I —MITiUll 1999 L«t Vol Day Net Cap MHfc Um ce—my Sale -boo mn> l— p/c twn 310 270 Ajinomoto 272 (5 0 no 2 83 59 Angkasa 59 -1 15 60 59 87 0 283 220 Apollo F0<x) Hlq 220 7 7 88 0 !22 J21
        8,272 words
      • Article, Illustration
        Lock icon M'sian shares fall on foreign selling
        398 23 AFP n Composite Index -&55 SHARE prices ended 1.3 per cent lower yesterday on continued foreign selling of index-linked stocks and lack of interest by locals, dealers said. "Foreigners are still seUing. Locals are adopting a wait-and-see attitude amid the foreign seUing," an institutional
        AFP  -  398 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Hai Sun Hup wrt: premium too high
        180 24  -  WARRANT WATCH -By R Sivanithy AFTER perking up recently, the Hai Sun Hup warrant has not been in the picture lately, falling back in high volume yesterday. Since the rotational spotlight will eventually swing back onto this counter, perhaps a review of its
        180 words
      • Article
        Untitled
        2077 24 BONDS, LOANS WARRANTS 52-*k Wt High Low Stna r Inull ®*V L*lt Ouot« Am 50 c n V Soto .or- COOO) High Low Buyer Sollof Prtc. 18 3 3160 "Acer ******1 USS 125 -1 18 ijs oi 35 4.5 3164 Acme ******4 -1 ,7 J 0 5 80 7 7
        2,077 words
      • Article
        CLOB INTERNATIONAL
        208 24 HONOKONO STOCKS Mk» 52 '**L« Stno ComM nv £2 W U1 V J"? «v W W M Cap wign Low stno Company S«t« (OOP) High Low Buyor S«Of H Cw P/E 2W *****23 cot(2000)HK 2K> I «95 220 8 2 4 3 8 10 8 4066 5124 Cathay
        208 words
      • Article
        Lock icon WELLINGTON
        303 24 Reuters Q Wellington +1&56 NEW Zealand share prices withstood a fall in Telecom to end strongly yesterday, led by a set of favourable situations for many top 40 issues. The NZSE-40 Capital Index was up 15.56 points to 2,182.32 with Telecom Corp down 4 cents to NZ59.33 on turnover
        Reuters  -  303 words
      • Article, Illustration
        Lock icon BANGKOK
        886 24 AFP PSET lain -5J3 THAI shares closed 1.6 per cent down yesterday as investors locked in profits following the passage of key economic bills, dealers said. Merrill Lynch Phatra Securities' Teerapong Wachirapong said Monday's gains could not be sustained as profit-taking emerged mainly in banks and Financials following recent
        AFP  -  886 words
      • Article
        Lock icon SEOUL
        455 24 AFP 13 Composite Index SOUTH Korean share prices closed 1.7 per cent higher yesterday, with late-session bank-led gains pushing the index above 600 points on the back of the strengthening of the yen, dealers said. The Composite Index closed up 9.81 points at 601.83. Volume was 202.4 million shares
        AFP  -  455 words
      • Article
        Lock icon SYDNEY
        652 24 AFP rIAH Ordinaries *2.7 AUSTRALIAN shares rose by a barely noticeable 0.1 per cent to a record close yesterday, but brokers blamed a weak resources sector for its failure to break the 3,000 barrier as widely expected. The All Ordinaries Index rose 2.7 points to 2,992.2. The All Industrials
        AFP  -  652 words
      • Article, Illustration
        Lock icon JAKARTA
        757 24 AFP Composite Index +713 SHARE prices rose 1.9 per cent yesterday on a technical rebound in select big caps led by dual-listed Telkom following its gains on Wall Street overnight, dealers said. Elsewhere the market was flat, they said. A dealer at a regional brokerage said the sharp gain
        AFP  -  757 words
      • Article
        Lock icon MANILA
        324 24 AFP rl Manila +40.5 SHARE prices rose 2.1 per cent yesterday due to technical reasons, analysts said. Oliver Plana of Asiasec Equities said "it's a technical rebound from the previous day's drops", but added that the upturn in foreign markets may also have contributed to the rise. The index
        AFP  -  324 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6258 25 Transaction date: Mar 1C Gr Or M Wt Vol Day Leal Quota Mv Mr VM NM cee A»g MHO Lw StNo Com»eny S«H COOP) High Lew Buyer leiler Cvr P/t jmk Price .-jH v >-v' 142 17.5 mt 1000 Acme 50c 70.5 -1 237
      6,258 words
    • Article
      SESDAQ
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      1,212 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        365 26 »«—> Van Her Hwst 10,658,000 JC-MPHWtOO 7,149,000 SingTel 15c 4,605,000 UIC 4,038,000 0«ryF US 5c 3,492,000 GES Intl Ltd 20c 3,475,000 DBS Land 3,352,000 •TanChonglnt50c 3,255,000 JC-MPH 3,204,000 Wing H 25c 2,907,000 Stocks SPH 19,660,748 DBS Foreign 17,260,744 OCBC Foreign 16,458,408 UOfl Foreign 15,431,685 OUB Foreign 12,489,582 IMS 11,930,932 SingTel
        365 words
      • Article, Illustration
        STI dips as eyes are still on Dow's 10,000 mark
        619 26  -  STOCK MARKET COMMENTARY Players also hold back ahead of key corporate results; quiet onting for property stocks By R Sivanithy THE local stockmarket shifted down a gear or two yesterday as investors waited to see if the Dow Jones Industrial
        619 words
      • Article, Illustration
        HOT STOCK
        74 26  -  By Wong Woi Kong UNITED Industrial Corp shares closed down $0.02 yesterday at $0.87 on a volume of 4.04 million shares, compared with its 10-day traded average of 9.65 million units. The daily and weekly RSI and Stochastics, as well as the MACD charts show that the stock
        74 words
      • ON THE GRAPEVINE
        • Article
          Gym Spin
          82 26 THROW your business card into a goldfish bowl at Sakae Sushi restaurant and you'll stand a chance to win a free membership to popular gym chain California Fitness. But it's for a period of just two weeks. When the gym promoter is asked what are the chances of
          82 words
        • Article
          World's favourite airline?
          84 26 WELL, the carrier that says it is the "world's favourite airline" isn't, according to one survey. British Airways wasn't even among the top 10 airlines in the world, going by the survey by Holiday Which, a publication of Britain's Consumer Association. Taking the 24th spot, the carrier
          84 words
        • Article
          Show-and-tell
          170 26 SOME reporters who were at ST Computer Systems Services Ltd's financial results briefing on Monday must be thinking why chairman Tay Siew Choon seemed to be curiously select in releasing information that could likely please the group's stakeholders. In an interview given to Reuters news service on the same
          170 words
        • Article
          New deputy watchdog
          85 26 THE Securities Commission in Malaysia may create a new post of deputy chairman following the departure of Munir Mftf id last month. The new deputy will report to the new chairman, Ali Abdul Kadir, who has described the new post as a hot seat The new candidate
          85 words
        • Article
          ' Desperats' moves
          59 26 Desperats' moves INTERNET service providers, as befit their business, are often quick with their words. Recently, when Sing Net director Chang WaiLeong was told that PacNet CEO Nicholas Lee had described Sing Net's toll-free deal as "desperate moves", Mr Chang returned tile compliment, saying he too was "amused at PacNef
          59 words
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      90 words
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      113 16 J IJ\ 71 J All fIW il Rl i id II (II UJEDnESDnY rnPIRCH 31, 1999 m I II inTER-conTinEnTRL HOTEL ILJ L\ 1 U I ML IM" Singapore AIiJ I y \L. 7 ®-30 am to 5.00 p.m. \J ULJ LMjI \J _U I L/ XJ ace s lirnited.
      113 words
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      1170 17 barclays plc I Hgggl IXS subsidiaries I Head Office: 54 Lombard Street, London, EC3P 3AH I Singapore Office: 50 Raffles Place #23-01, Singapore Land Tower, Singapore *****3, Robinson Road P.O. Box 887, Singapore *****7. Tel: 224-8555. Balance Sheets at 31st December 1997 I D I I Barclays PLC Consolidated Profit
      1,170 words
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      261 18 AchieverOfTheYear PRESENTED BY BERITA HARIAN MCDONALD'S Recognising Individuals Of Distinction The Achiever of the Year award honours individuals who have excelled in their chosen field or who have made an exemplary individual and to promote an environment for the pursuit of excellence within the Malay/Muslim impressive and valuable contribution to
      261 words
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      1437 19 O DBS LAND DBS LAND LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of DBS Land Ltd wishes to announce that the unaudited results of the DBS Land 4) BALANCE SHEET AS AT 31 DECEMBER Group for the year ended 31 December 1998 are as follows: ante,
      1,437 words
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      Page 20 Advertisements Column 1
      96 20 I Celebrate the Irish way I I A Happy w I I St. Patrick's Day 1 to All! I H Traditional Irish 'Ceili' from the |§j St. Patrick's Society of Singapore Dancers 7.30pm j§] 'LIVE' music from "TOO-RYE-AY" from W 8.30pm ffl Courtyard bar serving draught bottled beers wj to
      96 words
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      Page 20 Advertisements Column 2
      62 20 Bv HUm U mm Results tender for taxable book-entry Government §§§Bj 1999 due 15 October IBB) be issued on 19 March 199|N 1 Amount Offered Allotted *****,000,000 I Amount Applied 551,006,180,000 1 Interest/Coupon Rate 4.375% p.a. > |BB| on Allotment 4.05% p.a. and 103.624% 1 Cut-off Yield and Price 4.06%
      62 words
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      Page 25 Advertisements Column 1
      37 25 The Straits Times Classified, j Thank you. J I Id like to deliver a ror Y ou 1 offlowers Cjlad yoii\ ti The Straits Times Classified is child s Play. i—l call C.A.T.S. at 1800-737-1166.S BuylLSdilLFWilL M
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      Page 26 Advertisements Column 1
      342 26 NOTICES To advertise call toll free 1500 741 1883 Fax No: 741 1298 I COMPANIES ACT, CAP. SO AND IN THE MATTER OF TIMOTHY SEOW GROUP ARCHITECTS PTE LTD (PROVISIONAL LIQUIDATORS APPOINTED) Statutory Declaration by directors of Company 's inability to coatinee hniinrw by reason of Its liabilities Name of
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      Page 26 Advertisements Column 2
      337 26 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 VERSABAR (SINGAPORE) PTE. LTD. MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on II March 1999, the following resolutions were duly passed: 1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up voluntarily pursuant
      337 words
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      Page 26 Advertisements Column 3
      383 26 Want to talk about investments with your peers 7 Join our forum at http://www.dbs. com sg/ 101 bbs BSI )KSBANK the companies act CHAPTER 50~ SECTION 290(2Xb) nonet or ntsoumow MM VISIOMWOHKS PTE LTD (IN MEMBERS' VOLUNTARY UOUIOADON) At an Extraordbiary General Meeting of SEM VistonwcxKs Pte Ltd heM at
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      Page 26 Advertisements Column 4
      140 26 NOTICE Notice is hereby given that with effect from 9 March 1999, Tan Ah Cheng (NRIC No. *****383/Z) is no longer an employee of EASYFIL INTERNATIONAL COMPANY LIMITED. He is no longer authorised to transact any business and collect any monies on behalf of the Company, its subsidiaries, associated or
      140 words
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      Page 26 Advertisements Column 5
      80 26 and we'll help you enhance your company profile Corporate celebrations are opportunities f to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout ceremony. It's another
      80 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      281 27 Bridge News Reuter THE week started slowly with charterers reluctant to start negotiations, brokers said. ITME-CBARTESi ♦China Fortune (built 1992) 152,000 dwt delivery South Korea March 23 trip via Queensland and Iskenderun redelivery Cape Passero U558,750 daily Coeclerici. ♦Leopardi (built 1962) 129,068 dwt delivery South Korea March 20
      Bridge News; Reuter  -  281 words
    • Article
      MARITIME STOCKS
      250 27 MM* M *h V* CWT OMrfeuMan 0.54 undi t Chuan Hup OM undi 87 Caacakwaatmant 0.49 undi 0 FraMtfLMu 0.17 -OOI 2M n vt 0.01 7 Hal Sun Hup 0.48 -OOI 229 MCHaMnw-MK MO unch 0 JlMlUMMI 0-M -0.03 M3 Jureng SMpy ard UO undi 127 MppalCarp 4.42
      250 words
    • Article, Illustration
      Lock icon Big plans for Nedship Bank's Singapore office
      501 27 It is one of 3 product centres being developed worldwide for a bigger role [SINGAPORE] Singapore is one of three product centres worldwide being developed by Dutch shipping finance specialist Nedship Bank. Lars Edvard Hogestol, managing director, told Shipping Times in a recent
      SIEW YAW HOONG  -  501 words
    • Article
      Ship arrest should be a last resort in any dispute
      842 27  -  STRAIT TALK By Seafarer TO the outside observer, one of the stranger aspects of the shipping industry, is the sight of officials clambering onto vessels and attaching a writ of arrest traditionally to the mast. Such observers tend to wonder
      842 words
    • Article
      Lock icon Titanic replica to cruise onto Las Vegas Strip
      369 27 Reuters [LOS ANGELES] A replica of the ill-fated luxury liner Titanic will be the next mega-re-sort to dock on the Las Vegas Strip, city officials said on Friday, as just the latest flashy, themed casino for the resort city. City officials said
      Reuters  -  369 words
    • Article
      Lock icon Liners violating contracts may be punished
      291 27 They had breached US law by pushing up freights above their contracted levels Bridge News [KANSAS CITY] The US Federal Maritime Commission s?id it was going to prepare punitive "enforcement actions" against some unnamed Pacific Ocean shipping lines, for violating federal law by pushing
      Bridge News  -  291 words
    • Article
      Panama urged to delist substandard ships
      290 27  -  By Felix Chan [SINGAPORE] The International Association of Independent Tanker Owners (Intertanko) has urged the Panamanian maritime authorities to remove substandard ships in its register. At the first meeting of the organisation's Executive Committee in Panama last month, Intertanko stressed the importance of those
      290 words
    • Article, Illustration
      Lock icon Polish yard goes for profit
      1068 28 SXLLFBULLDZKO With plans to cut costs, boost efficiency, and acquire the Gdansk yard, Gdynia is out of its loss-making days Lloyd's Register magazine POLAND'S Gdynia shipyard has maintained a high profile in 1998 because of its bid to acquire the bankrupt Gdansk yard. The sale
      Lloyd's Register magazine; FILE PHOTO  -  1,068 words
    • Article
      SHIPPING SCHEDULES INDEX
      329 28 PAGE Frota 12 ANL 3 Frt Links 14 Accord 8 U"* 4 Ahrenkiel 14 Gemartrans 8 AASCO 4 sh W M AsiaOCL 2 S* 0 1 M Appwship 5 "•*»"««> Austral 8 dni5 Avant 14 "f" 1 3 B'tang Mas 8 n BSA 7 B *f' *3
      329 words
    • Article
      SHIPPING GUIDE
      18838 35 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel voyage le«e«n&ne SIN Oest'n Name Nam* Number Number SIN Oest'n Name Name Numoer T« lain I. u .> To BURNIE (BUR) 2061 Australia To ABIDJAN (ABJ) 2003 Cot* 0 (voir* 2tm OT/04 M0L b teratai qua
      18,838 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        809 41 Voy Mo Bfth Arrlvil Dtptrt ur* ton** Nit m HongSK* 2303/2300 012 JV2 Hongs* 1603/1100 J" J» Mongs* 1*03/0230 E£il 252 *-03/1200 gfr *1" JOI tongs* *03/1430 S5 M0W JWngvO. 17 03/0100 J 0i3O« JOI Uongsioo 03/2300 I****** *****9 JOI »O"0WJ« *.03/2359 "hrt* 4 *****9 JOI .Wngs*. 17.03/0100
        809 words
      • Article
        CONTAINER SCHEDULES
        1706 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Bookinq/Baianc* Rstls Ship Voy No Etb/Btr Ptrlod From To From Aci Oaiy or* »/0700 M 14/1900 */1659 WWO N/MO MOW 14/1(00 a M/iToo ir/out rr/otoo n h/itoo it/mm rr/otoo J 17/0700 I7/HM 17/1400 4 17/1200 17/1499 17/1700 'i—lm 2 Sai
        1,706 words
      • Article
        COCKETT BUNKER MARKET REPORT
        741 41 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars Instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem. Market movements are Indicated. The Cockett Bunker Price Index change and the individual
        741 words
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        GLOBAL HOLIDAYS
        217 41 Mar 17 Ireland Republic of: St Patrick's Day. United Kingdom: St Patrick's Day. Mar 22 Japan: Vernal Equinox Day. Mar 28 Greece: Independence Day. Mar 28 Brunei: Hari Ray a Haji. Indonesia: Hari Raya Haji. Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Mar 28 Taiwan: Youth Day.
        217 words
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        VERITAS BUNKER QUALITY REPORT
        458 41 lUr barton 180 Mn 998.1 0.1 116 0.09 59 0.07 SL5 C*nyt T Water Bestdue Art UumiHum Utmmt No above £25 2 0 19 0 0 0 m/m 380 Ave 905.9 0.3 13.4 0.06 33 0.02 bum 380 Mm 994.9 0.7 18.9 0.09 65 0.06 »m/m
        458 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon China seen as top Boeing market after US in next 20 years
        352 42 Estimated aircraft orders from the country are expected to hit USsl2sb Bernama [KUALA LUMPUR] China is projected to be the Boeing Company's largest market outside the United States in the next 20 years with aircraft sales estimated to
        Bernama  -  352 words
      • Article
        Lock icon US move on int'l flights to Y2K-safe countries soon
        641 42 ICAO gathering info which would be critical in making decision Reuters [WASHINGTON] Tough decisions must be made soon on whether to bar US airlines from flying to certain foreign destinations where year 2000 computer problems may exist, Congress was told on
        Reuters  -  641 words
      • Article
        Lock icon Swiss Air consolidates alliances into one unit
        168 42 Bridge News [ZURICH] Switzerland's SAir Group announced on Monday it had placed its airline alliances and cooperation deals into a single organisational unit in a bid to consolidate and expand the strategic and operative activities within and between the various airline groupings. The
        Bridge News  -  168 words
      • Article
        Lock icon KLM cuts fares for Easter
        82 42 Reuters [AMSTERDAM] KLM Royal Dutch Airlines said on Monday it was cutting fares by 20-40 per cent to 18 European and 12 intercontinental destinations in a special sale for the Easter season. Return flights from Amsterdam to Paris will go for 279 guilders (*****) while
        Reuters  -  82 words
      • Article, Illustration
        Lock icon Korean Air probe to focus on pilot error or jet defect
        341 42 Reuters [SEOUL] Officials investigating the latest accident involving a Korean Air jet were focusing on possible pilot error or aircraft defect, a Transportation Ministry official said yesterday. On Monday, a MD-83 jet carrying 156 people from Seoul slid into
        Reuters; AFP  -  341 words
      • Article
        Lock icon US air safety critic giving up crusade
        367 42 AFP [CHICAGO] Mary Schiavo, an outspoken critic of lax safety at US airports said Monday she was giving up her crusade after being unfairly blamed for a four-hour security alert at Ohio's Port Columbus airport. The former US transportation department official said at
        AFP  -  367 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1652 42 OTY FU6HT EU fUtHT £TP M973 1005 LH6373 2355 MaM* AM230 IKO LH786 1650 S026 2355 IH630 1920 M45M 1650 LH7I7 2339 $0230 1920 SO2005 1650 W4587 2359 hmsttrim *1843 0540 $024 2320 502M6 23S» $0327 0000 K1838 2335 H*Ml« $W» 178 $0990 OOP 6*973 1005
        1,652 words
      • Article
        Lock icon Air India plans to cut wages by up to 40%
        225 42 AFP [BOMBAY] India's aUing international carrier, Air India, is considering wage cuts of up to 40 per cent as part of efforts to cut losses, a spokesman said yesterday. "We want to break even by March 2000 by containing our
        AFP  -  225 words
      • Article, Illustration
        Lock icon Wrapped in ice
        79 42 [BOSTON] Workers at Boston's Logan International Airport spraying de-icing solution on an American Airlines aircraft in the midst of a major snowstorm that blanketed New England in snow and caused more than 90flights to be cancelled at the airport on Monday. The late-winter storm was expected to
        REUTERS  -  79 words
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      13 27 Polish yard goes for profit Gdynia is out of its loss-making days Pa|»2
      13 words
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      Page 27 Advertisements Column 2
      65 27 China seen as top Boeing market in next 20 years Estimated jet orders expected to hit USsl2sb Back Pag© 4 r dm\ m 4IVF IF m li p +3 tm 7>W■ m m Z-- r Visa Freight Services Pte Ltd The Global Vision in Total Transportation Regular Groupage LCL Consolidation
      65 words
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      902 28 I NORTH AMERICA I EXPORT I I OTHER DESTINATIONS I SHE TSTTST sens r,z "Z ll™ HIET iz iZ sE"2 WnttJTOt MBI4 Sl/M 11/ M U/M M/M M/M 11/ M U/M m/m £§l lutMll M/w M/IH %7/ti n/K '«/m •oanw mbis m/m m/m n/M m/m p/m m/m m/m m/m r|§
      902 words
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      Page 28 Advertisements Column 2
      740 28 Lines services represented by Members of the Registry of Accredlted Shipping Agents ><»•»>/ Singapore Shipping Association /■fek Members of the fcl 3 J'l Singapore Freight Forwarders Association SEMBAWANG KIMTRANS (S) PTE LTD CONVENTIONAL SERVICES SINGAPORE to BATAM, BINTAN, KARIMUN < X SINGAPORE to BANGKA ISLAND L A SINGAPORE to (ILEGON
      740 words
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      1122 29 TO EUROPE FROM EUROPE rosa VOY SI >Tl> AW HAM MV SOU FIT UH IvCSa VOT tTM AMI HAM WV SOU HT lEH j NOl AMAZOMTI 02 W 11/03 10/04 07/04 01/04 05/04 MM $2* 21/02 23/02 20/02 27/02 17/03 UlOMf S24W 19/03 04/04 04/04 00/04 10/04 MY COMMOOOH 3171
      1,122 words
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      Page 29 Advertisements Column 2
      1950 29 @Cvftmif Sotvoir W#tfaio HANJIN SHIPPING ||l|- HANJIN SHIfFtNG (S) PTIITD hup //w» km* cm KXKING 32M735 737 SAUS 32W724 731 DOCUMMT 37*0271 774 OffRAIKWS 37*0750 751 MAiN UK *****55 FAX 777WM (I HO *****U0000M TO NW USA A CANADA USA CANADA* "rowvoi urn 5 IShaSTvoy m nw on m r~oi
      1,950 words
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      Page 29 Advertisements Column 3
      472 29 LYCOH TJUM??i«r^P?PlC?Ti^ii?yiCi^^| msa HOT MM TO VOT SM Ht E llill _WS_ «aa BIT(gBIM6 403S 11/ M 71/97 4030 14/ M B/M 01/03 04/03 OS/M jI HYWOAISHMTB OTPS lt/W 05/03 07/03 04/03 10/03 5m 1 I uMI ilijß IKt?uStt jffi 1 \\ml uffl 1 IKHOW6MB6 403S B/01 01/03 403 i
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      1284 30 DSR-SENATOR LINES TO UK/CONTINENT TOMEDrTERBANEANCANADA MR WT J" L£H ATM AMI HAM llflV IFU WSttl fvor St*" I GIT SPt FOS VIC MTR 2" 11M ,IJ M CHOT AMD PHOEMX WMI4 II S3 M M H.M M M "Sm" "iuf HARM COtOMM WWI3 22 93 M M 11.84 12 M
      1,284 words
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      Page 30 Advertisements Column 2
      760 30 mi COffTR UNES, NIC rquomnq:(R))M7M l**l\y J momnoi SiBU: (084) *****9 UAMLA: (632) *****24 PO4ANG: (04) *****36 BANGKOK: (882)*****67 SURABAYA (31)»T060 P-KELANG: (03) *****77 JKTi (21) *****07 MOM: (61) *****3 KUCHO4Q *****1-3 BARCEIONA MV "VILLE DE CAPELLA" V. 9910-4 ETA SIN: 20-3-99 SURABAYA I SHANGHAI MV "KOTA ABADI" V.ABAO4I MV
      760 words
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      Page 30 Advertisements Column 3
      500 30 LINE TE> MWM IMb MMIII I MUARA j 1 LABUAM j vcsa wr n a vessel vot rre fia SPOOEMIAIA SPOKE IM jfrospb vox/* 17/u 20/u JFMSPB VOSE/W i;/03 :j/ts CMMAM333 VOtf/n 20/03 23/03 OttMUJOn VO4E/W 20/03 24/03 JPOOSPB VO4C/H 27/01 30/03 J PtOSPB VNt/H 27/03 31/03 CAOAKA *332 VO7I/W
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      1210 31 VCTBEL VOY SIN PKQ PEN PQB DUB DAM SHJ BA BIK IRAN PJLI333 08/03 17/03 18/03 19/03 21/03 23/03 IRAN TAKHTI PJLI337 10/03 24/03 25/03 26/03 28/03 30/03 IRAN LORESTAN PJLI33B 22/03 31/03 01/04 02/04 04/04 06/04 IRAN TABATABAEI PJLI339 29/03 07/04 08/04 09/04 11/04 13/04 I IRAN TEYFOURI PJLI34O
      1,210 words
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      Page 31 Advertisements Column 2
      1663 31 WMkly SalllM Europe Mill Ports Iwry Monday and $v««rdcy ir I 6 SHENTON WAY TIL 226 1900 FAX: *****08 OUTWARD (l/L) *****02 JOHORE OFFICEI U 1 #17-08 MS BIOG SAUS/IKGS *****57/60 INWARD DEPT (0/0) *****85 COSTAR AGENCIES (M) SDN BHD ST/oiMf rETI SL m WW n* sm hkg HbTI FRO®:
      1,663 words
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      Page 31 Advertisements Column 3
      514 31 EASTERN CAR UNER, LTD. I LSJ KL (SINGAPORE) PTi LTD 1 SPfdAUZI IN RORO* HEAVY URUPTO 450 TONS 1 ECL (SIMCATOtE) PTE lIP LOAD NG FOR CALCirn^/CHITTA^ONG/ CHENNAI T YANGON/CHITTAGONG MV CORAL HERO V.15 MV "GRACE LUNA" V.6 ETA SN 18/03/99 ETA CAL 25/03/99 ETA SIN 28/03/99 ETA YGN 01
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      Page 32 Advertisements Column 1
      1173 32 EUROPtAJK/SCANOtHAVWRNLAND/BUSSIA n Mnljn gm iuu IH 1°" MBG THP ZEE <-HV I LHV THP ROM ANW HBG PKL I S6P e H£ 12* 4 "WW "/W 12/04 13*4 E REACH RE 022 10*2 20*2 10/02 21/02 23*2 18/03 10/03 I 225 1521 J* 04 18/04 IMM 19/04 W/W E BOYAI
      1,173 words
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      Page 32 Advertisements Column 2
      593 32 f asgPlf PACIFIC INTERNATIONAL LINES (PTE) LTD N I S 140 CecH Street, #03-00 PIL Building, Singapore *****0. CR NO **********06 I I -Mi Sri ifl -}&—Bfl- |MjMjsaii iii is/i n/4 'i 1 !13 jjfl- I Ilvissa vot IS 55 m ma 15? nr. =j lUNGA TEtASfK o*3lf/) I 20/3
      593 words
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      Page 32 Advertisements Column 3
      426 32 NANTAI LINE j FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA YtsstL VOT SIN PUI PUR JHI CPT ICI NANTAI DRAGON VOI2S 23/03 01/04 05/04 01/04 NANTAIVBIUS VO33S 04/04 12/04 60UXN DtAGON K.QIIS 15/04 24/04 21/04 31/04 02/05 NANTAI QUEBI VO34S 26/04 04/05 01/05 11/05 WIT W5~ NANUI DRAGON V.013S 05/05
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      467 33 i BSA x M MYANMA PHlk FIVE STAR LINE (MyoNnar National Li**) Loading for Yaigoa (Rongoon) VESSEL VOY SIN PKL PEN PGU MCKGiH VISI SU> CHIN SNWE HAW V77W IN TT MALAYSIA AGENTS: OOUSTEAD SHIPPING AGENCIES KUI: TU (03)*****00 PKL TEI (03) *****01 PEN: IE (04) *****02 PGU: Til (07)
      467 words
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      Page 33 Advertisements Column 2
      1321 33 HMME* HYUNDAI MERCHANT MARINE CO., LTD. [VESSEL VOY I So< 1 SOU I IB! I RIM I ANT I HAM |MVI I [VBSa VOYI SOU l» RIM AWT HAW TV FEL S4N NOl AWAZOWTI 021W 11/03 05/04 10/04 07/04 00/04 DM 5251 24/02 27/02 21/02 23/02 17/03 LAlOltf 524W 19/03
      1,321 words
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      Page 33 Advertisements Column 3
      1103 33 V "norwtgKm ipaaakzed oukxarnen G)o)3(°]@ Wilhelmsen Lines TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" VESSEL VOY RAMP HEIGHT SIN LAX CM. MIA SAV Ml ORF NYC NEW MOI TARONGA F907 400 Torn 6.3 M 25/03 22/04 0!705 04/0S 06/05 00/05 09/05 11/ OS IS/OS 17/05 TAIKO F9OB 400To«s 6.3
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      1997 34 BAHOKOK/IiAP TA PHUT/HM CHABANO J A K ART A/PA N J A NO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN KOTA RATNA RNAO99 In Pt 20/03 GURU BHUM 121S In Pt 21/03 NANTA BHUM" 437N In Pt 20/03 21/03 GURU BHUM 121 SB 18/03 21/03 YANTRA
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      Page 35 Advertisements Column 1
      50 35 VaTAI STE** Dial 740-6000 on demand —(Retrieve more schedules!) Press "1" ctb Select the port and key in ST yj the four digit code —eg: To New York (NYQ 2275 STjt) Key in your fax number your phone number Another Innovative service offered by The document Will be SHIPPING TIMES
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      Page 37 Advertisements Column 1
      138 37 wmmnmm FREE deader Enquiry Sprvicp s»c 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: ADVERTISERtPRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product
      138 words
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      Page 38 Advertisements Column 1
      136 38 {F^oSr!Slv?r i) FROM: U.K./ CONTINENT/ MIDDLE EAST TO: FAR EAST tWW jtRYKI Vissa/YOY SIN laem chaiamg numia HONGKONG kulung TAW SKN KKftl TflftA GUMDUN ANGCI SAIUD SAIUD SAILED MMVWO94 07/04 09/04 13/04 15/04 IOAOWGFOt: DON VOYOI6 20/04 22/04 25/04 27/04 sm/aiKtM/Mnwnr/uaim/KWPOKTW PASQUAU MAUYSU- HSN(M)SONWO TAWAU- CAPtKMN MEWm SVCS PORT KELANG
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      Page 38 Advertisements Column 2
      201 38 I i im shipping line i I kf'iijnn ■Ivl VII ■11 mm I k [Cm ill 11 LIBYA BENGHAZI TRIPOLI VKsamw voT.no Mown awwi pubai roawoi o*n wmghazi ntifoci WAB 1333 2M2.W M.03.W 11.C3W KHBAIi 24 03.W OiOS.W 07.05W ttOffl 1337 05.03.W ISO3W 2SO3W HIAGHttI 3103.W 13.05.W 13.05W tottsuw i33i
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      Page 38 Advertisements Column 3
      174 38 ESP LINES WllKlT LCI AMD fCL SERVICE «MAM SUR-CQNT FARtAST EURQft OHTTAGONG, MADRAS lANGKOK. HONG KONG lULMRURC. ROTTBDAM MMAT, COIOMRO JAKARTA. MAMU ANTWIRf, FHJBTOWT CAHUTTA NO CHI MNM. HATMONG REGULAR CONTAINERISED INDONESIAN S£RVKI I VBSa/VOTAtt S'fOßf IT I SUR WK SRG M (AMUR /t7OR/H 13/5 It 17/83 It IMB 23
      174 words
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      Page 39 Advertisements Column 1
      881 39 SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. 1047M*****0 wmmkmm TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 535 6266 7 SLGS/WEEK 2 SLG/WEEK [VESSEL VQY SIN JAK [VESSEL IVOY [SIN IPLB SINAR SURVA 008 16/03 (TUE) 20/03 (SAT)
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      Page 39 Advertisements Column 2
      840 39 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO |HCI»| «1 I m I ttw Imel g» I ion |khl im I ImI»» I m i ,m~l Si: jjg: SkMMflkiSt PKG VIA SIMGAPOtt MEXICO, US/GULF/EC, RED SEA, INDIA TO SINGAPORE, INDONESIA 2*! KW TAW HOU SAV NTI HAI JID QQM rmf
      840 words
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      Page 39 Advertisements Column 3
      570 39 rrrg Singapore Soviet Shipping CPI L\\« aHi IOOSMMOOOM |\V Mdtfa# Shipping PI W 33) ODWy-OMriSMvY) ahiysmaow VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO3I 20/03 27/03 07AM 08AM KOTA RATU RTUO3O 27/03 03AM 14AM 15AM PERAK 12N 03AM 10AM 21AM 22AM VESSEL VOY SIN CALCUTTA SIM EPONYMA o€7 22-23/03
      570 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      568 40 TIGER SEA 693N 21-22/03 26-28/03 02,03/04 I TIGER BAY 694,N 23-2303 29-01/04 06-0&04 I TIGER ISLAND 695N 26-27/03 01-04/04 09-10/04 I TIGER PEARL 696N 30-3003 05-0004 13-13/04 I TIGER SEA 697N 02-03/04 08-11/04 16-17/04 I J TIGER BAY 698N 06-0604 12-15/04 20-2004 I TIGER RIVER 366CN8 17-17/03 24-27/03 04-05/04 I
      568 words
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      Page 40 Advertisements Column 2
      927 40 JV FREIGHT LINKS EXPRESS W: *****66 (60 Lines) Fax: *****33 E-mail: flesln3slngnet.com. »g DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA BUENOS AIRES CEBU ISTANBUL IZMIR LAEM CHABANG MALTA SANTOS SHANGHAI XINGANG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices 2!25?li 3 f m, ftf i^ l j! w ne
      927 words
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      Page 40 Advertisements Column 3
      928 40 OOCL (Sinoopore) Pte Ltd CFS 7? Ammo Road #21-04 (S) *****$ Uk 513 #01-128 CI NO **********0H W: 272 7127 f« Mfry V^l W: *****13 Fu 221 3942 277 7825 WW OnwtOveneos Container Line m 9*T (Malaysia) Sdn Bhd Rag No; 234V72-U) (fl /S^S:> PfTAUNG JAYA fefc 03-756 7776 Fm:
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      Page 40 Advertisements Column 4
      102 40 FULL CONTAINER SERVICE SIN PASIR QUOANQ SIN DAILY SAILINGS Sis jm£ A Rm#w Corrtainar (SOC) fCOC) laetUf o™**0™** m LTD C/R NO: **********0-W PAMR fIWMM COMPASS SHIPPING AGENCIES SDN BHD TEL: 02 (OT) *****00 (HUNTING LINE) FAX- 02 (07) *****00/*****00 REGULAR DIRECT CONTAINER A BREAKBULK SERVICE TO PORT LOUIS 4
      102 words
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      122 41 LEGEND: R Thunderstorm Temperotur. o c X\ V Shower Weather Wind direction with speed in knots e Rom \_J Cloudy Sky Wov Surface winds ore indicated by arrows which tty with the wind 0 One fu« circle represents calm or light ond vonoble wmds One half Heche reprints 5 knots
      122 words
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