The Business Times, 26 March 1999

Microfilm: NL21391
Total Pages: 56
1 56 The Business Times
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  • Title Section
    Masthead
    11 1 BeBusinessTimes MITA 048/12/98 85e SINGAPORE FRIDAY, MARCH 26, 1999 Internet: http://business-times.asial.com.sg/
    11 words
  • Article
    MARKET SUMMARY
    62 1 □an 150&37 (+18.01) BT-SRI •0154 (+9.74) iltußunimißi U naso (+5.00) MARKET MOODe siwz Miner mum Thursday Chance KLSECOMP MM +U7 NIKKEI !M0M4_*47«7 HANG SENG *****13 +114.79 SET INDEX 366.70 +Ut JAKARTA COUP _***** *4.48 MANILA COMP _1J9U7 *17 TAIPEI WPI &J4LS8 +6196 SEOUL COMP 111.07 -1.41 CLSA CHINA
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  • Article
    FINANCE
    83 1 FOBEX BATES USS St US$ 1.716 £(USS/Stper S) 1.697 1826 EURO(lS$/S$ per E) 1.069 1-880 DM 1.796 0561 YEN 117J 1.466* RM 1860 6.464 HKS 7.749 0523 BAHT 1758 1046 RUPiAH 8U870 0.019 St to 100 units ram bates SINGAPORE* km KUALA LUMPUR 11.60 JAKARTA 28.01 BANGKOK 147S MANILA
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  • Article
    No extension for 5-year warrants, says SES
    803 1  -  Also, don't take for granted that 3-year warrants will get another 2 years By' Ven Sreenivaaan, Siow Li Sen [SINGAPORE] The Stock Exchange of Singapore yesterday ruled out any extension of the expiry dates of existing five-year warrants and cautioned against assuming that
    803 words
  • Article
    OUB takes it to competitors, again
    651 1  -  First-year housing loan rate cut to new low of 4% By Siow Li Sen [SINGAPORE] Overseas Union Bank (OUB) cut its first-year interest rate for housing loans to a new low of 4 per cent yesterday, immediately triggering matching cuts by rival United Overseas
    651 words
  • Article
    Lock icon Dow Jones gains 146 points by noon
    113 1 AFP [NEW YORK] US stocks rose yesterday morning, led by financial and computer shares. Fuelling the rise were better-than-expected earnings by Morgan Stanley Dean Witter Co, the largest brokerage firm, and Micron Technology Inc, the No 2 maker of computer memory chips. By
    AFP  -  113 words
  • Article
    Warrants explode to life, but shake-out feared
    256 1  -  By' Ven Sreenivasan [SINGAPORE] Soon-to-expire penny warrants exploded to life yesterday on news that Freight Links had obtained in-principle approval to extend the life of its three-year warrants by another two years. Brokers noted that the buying appeared to be indiscriminate, with the
    256 words
  • Article
    Keppel group unwinds cross-holdings
    456 1  -  Restructuring values mobile phone operator Ml at $1.2b By' Teh Hooi Ling {SINGAPORE) The Keppel group said yesterday it will unwind its cross-holdings in Keppel Telecommunications and Transportation (Keppel T&T) which will result in parent company Keppel Corp holding a direct 73 per cent stake in
    456 words
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      148 1 DWIPH EBP ratas rmkmi, free an Saturday Electronic road pricing rates for the restricted zone and East Coast Parkway will be lowered, those for the Central Expressway raised, while charges for the Pan-Island Expressway will remain unchanged, Pf 3 EPF watchdog Malaysia's Employees Provident Fund should spearhead the setting-up of
      148 words
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      10 1 Is it fair to extend Freight Links warrants? Pg 15
      10 words
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      260 1 6 Ansett is a gem ...its an opal that we would like to help polish and bring to full brilliance. And what is important is that it is an Australian gem and we want to it SIA chief executive Cheong Choong Kong. SIA yesterday sealed a Assoom deal to buy
      260 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      New private homes sold in Q1 will top 2,900: CB Richard Ellis
      389 2  -  Prices for suburban 99-year leasehold condos have hit the trough, it says By\ Marissa Chew PROPERTY consultant CB Richard Ellis estimates that at least 2,900 units of new private residential housing will be sold by the end of
      389 words
    • Article
      Exports may recover in second half: TDB
      435 2  -  Bat total trade for year still expected to contract 5-7% By, Audrey Tan SINGAPORE'S exports may recover in the second half of this year, but total trade will likely stay negative for the full year, the Trade Development Board (TDB) said yesterday. TDB
      435 words
    • Article
      Combine PAYB, delinked COE to rein in prices
      550 2  -  MAXLBAG George Cheng via Internet Singapore I AGREE with arguments put forward by various writers advocating a Pay-As-You-Bid (PAYB) system for certificates of entitlement. In particular, the points made by Edmund Leong in "Avoid hassle, delink COE from car" (BT, March 24)
      550 words
    • Article
      HDB needs to elaborate on 'affordability'
      252 2  -  Wong Kee Wah via Internet Singapore I WRITE in response to the letter from HDB's Tay Kim Poh, "Affordability's main factor: HDB" (BT, March 24). I hope the HDB could elaborate on the meaning of "affordability", as Mr Tay stated that the government is
      252 words
    • Article, Illustration
      Lock icon Philips opens DVD production line in S'pore, its first outside Europe
      391 2  -  By, Annette Pau PHILIPS Singapore yesterday opened its first digital video disc (DVD) manufacturing line outside of Europe at its Toa Payoh plant, with initial investment of $2.5 million. The line will make some 200,000 DVD-video players a year
      CHRIS LOH  -  391 words
    • Article, Illustration
      Lock icon Changi air cargo up 8.8% in Jan
      339 2  -  EYE ON THE ECONOMY Transcom By, Anna Teo THE volume of air cargo handled at Changi Airport grew 8.8 per cent year-on-year in January, according to Civil Aviation Authority of Singapore (CAAS) figures. But, reflecting the seasonal decline, the January cargo volume was
      Source: CAAS  -  339 words
    • Article, Illustration
      50% of new cell phone users seen using pre-paid services
      546 2  -  By 1 Teh Hooi Ling WITH already more than one million cellular phone users in Singapore, operators are now taking their battle to another front that of housewives, tertiary students and foreign workers. The weapon: pre-paid services. In its 34-page
      546 words
    • NEWS Roundup
      • Article
        SIA to widen network for express cargo
        55 2 SINGAPORE Airlines said yesterday it woukl launch a programme with Lufthansa Cargo on April 1 to oflbr more destinations in their respective route networks faexpress products. This will allow their customers to ship cargo to even more destinations between Asia and Europe more
        55 words
      • Article
        Abacus penetrates Sri Lankan market
        46 2 ABACUS International, the Asia-Pacific's largest global distribution system, has teamed up with the Travel Agents Association of Sri Lanka and Softlogic Holdings to distribute the Abacus system in Sri lanka The joint venture follows a memorandum of understanding signed last November.
        46 words
    • Article
      Corrections and clarifications
      50 2 In the letter headlined "Sing Net aims to stay competitive" published in Mailbag yesterday, it was said that Sing Net has introduced "a $60 per cent discount package for students" when it should have been a SO per cent discount. We are sorry for the typographical error.
      50 words
    • Article
      ERP rates revised and it's free on Saturdays
      538 3  -  Some restricted zone, ECP charges lowered while peak CTE rate goes np By i Christopher Tan ELECTRONIC road pricing rates for the restricted zone and East Coast Parkway will be lowered, those for the Central Expressway raised, while charges for the Pan-Island
      538 words
    • Article
      EDB sets up $50m Seed Ventures III fund
      251 3  -  By Eugene Low THE Economic Development Board's (EDB) investment arm, EDB Investments, has set up a $50 million venture capital fund to invest in seed and early-stage companies both here and overseas. Called Seed Ventures 111, the fund will target companies with
      251 words
    • Article, Illustration
      Lock icon New R&D investments in S'pore stable at $1.1b in 1998
      422 3  -  That should generate $15b revenue, 1,500 jobs; record $2.3b spent on R&D in '98 Refxyrta by Raju Chellam SINGAPORE attracted $1.08 billion in fresh research and development (R&D) investments in 1998, about the same as in the previous year. And
      Source: NSTB  -  422 words
    • Article, Illustration
      New award for best R&D application
      179 3 Firms to be judged on how they use R&D for economic gains A NATIONAL award for companies that best exploit research and development for economic gains will be given out this year. Called the Technology Achievement Award, it is an initiative of the National
      179 words
    • Article
      Unit of NEC Semicon sees itself back in the black soon
      317 3 NEC Semiconductors Singapore (NECSS). which will be in the red this financial year, expects to bounce back in FT2OOO as the semiconductor market emerges from a glut over the next 12 months. "This must be the bottom. 1999 must
      317 words
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      31 2 Providing A 1 cool comfort for commerical and industrial Intematioaal Plan S pore *****3 Tel: 222 0665 Fax 224 8358 buildings hpc*gr#cytoerway.c«n.ig O Website at http 'ww-w hrtJchipUnt bbi ne jp
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      77 3 aMjßMMMM^^^BßHn^^^^^BTiPflMHßßßfißffsliifMß^^^^^^BßllßMl^^BfwWMMJlr M '^y*^Ff^^^^ ll *+j»*»*»'■* J J— '^I ikii. Daily f|. ---Ht«K- a va^^^iiiii^Pi^^j Hm^pHßip^ V- What your competitors get up to. First thing in the day, the International Herald Tribune alerts you to events around the world that will affect you locally It spots the early warning signals and
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon M'sian gross bad loans hit 18.6% in Dec: Danaharta
      553 4 MD wants NPLs sold to agency to be amortised over a 5-year period Bloomberg, Reuters, AFX-Asia [HONGKONG] Malaysian banks' gross bad loans reached 18.6 per cent of total loans in the banking system last December, says Azman Yahya, managing director of
      Bloomberg,; Reuters,; AFX-Asia  -  553 words
    • Article
      Lock icon Japan's credit risks to worsen, warns S&P
      382 4 AFP ITOKYO] Japan faces much tougher credit risks in the coming months due to persistent poor demand and a troubled financial system, US credit ratings agency Standard and Poor's (S&P) warned yesterday. Profound structural changes in the economy and the "breakdown of traditional
      AFP  -  382 words
    • Article
      Lock icon China govt think-tank sees Q1 growth at 8.5%
      432 4 It also says rising profitability has revived corporate investors' confidence Reuters [BEIJING] A government think-tank has forecast that China's gross domestic product will grow 8.5 per cent year-on-year in the first quarter of 1999, the official China Securities newspaper reported yesterday. The
      Reuters  -  432 words
    • Article, Illustration
      Lock icon Japanese property keeps falling
      376 4 Bloomberg [TOKYO] Japanese property values fell for the eighth straight year in 1998 and at the fastest rate in five years, indicating the nation's wobbly financial system remains threatened by asset deflation. Nationwide land prices slid 4.6 per cent in 1998, almost twice the 2.4 per
      Bloomberg; FILE PHOTO  -  376 words
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      1146 4 Directors of CWT Distribution Limited wish to make the following Announcement: I UNAUDITED RESULTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 1998 I GROUP COMPANY I 1996 1997 1996 1997 I $000 $000 $000 000 I 132 770 9 fifiinn rasn I 1.241 938 32 2,005 993 102 I 21.686
      1,146 words
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      27 5 ■0 JL "+r I fee w- 1 GIORGIO ARMANI >' s 1 <)k li.ird Kocid #(I 1-1 I Hilton. Niii".t|><ii»■ I 1.~>,t I I i. I'la/.t S«'ii,i\.in. I.ikart.i
      27 words
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      232 6 This announcement does not constitute an offer or an invitation to any March 1999 person to subscribe for or purchase any of the securities described herein, nor is it calculated to invite, nor does it permit the making of, offers for such securities. The issues have been fully subscribed and
      232 words
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  • SOUTH-EAST ASIA
    • Article
      BOT probes defunct firm's execs over 4.3b baht loans
      398 7  -  Central bank asks police to conduct further investigations into Nithipat Capital From Harish Mehta in Bangkok THE Bank of Thailand (BOT) has investigated former executives of defunct finance firm Nithipat Capital over loans made by the firm. Rattakorn Nimwattana, assistant governor
      398 words
    • Article, Illustration
      Lock icon Habibie looking to military for decisive support
      578 7 JAKARTA Sources: President trying to shore position as party power straggle looms Bridge News INDONESIAN President B J Habibie is distancing himself from fundamentalist Muslim elements and trying to get closer to armed forces chief Gen Wiranto as he moves to strengthen his
      Bridge News; FILE PHOTO  -  578 words
    • NOTE Book
      • Article
        Lock icon Supachai seen gaining in WTO bid
        64 7 AFP [BANGKOK] Thailand said yesterday that it was pulling in last-minute support for its candidate to head the World Trade Organisation (WTO) as the drawn-out selection process entered its final phase. Thai officials responsible for WTO matters claimed Deputy Prime Minister Supachai Panitchpakdi was
        AFP  -  64 words
      • Article
        Lock icon Mirzan suing dailies for RM750m
        111 7 AFX-Asia [KUALA LUMPUR] Prime Minister Mahathir Mohamad's son Mirzan is suing three Chinese-language dailies and their printers and publishers for 750 million Malaysian ringgit (Ss34l million) for re-publishing an allegedly defamatory Aston Wall Strut Journal article, The Star reported yesterday. The report said the suit
        AFX-Asia  -  111 words
      • Article
        Lock icon US$620m ADB aid for Indonesia
        66 7 AFP [MANILA] Indonesia will receive a total of US$62O million (511.073 billion) in loans from the Asian Development Bank (ADB) to help fight poverty and malnutrition, the bank said yesterday. The Manila-based bank approved loans amounting to US$3OO million to help the government deal with
        AFP  -  66 words
      • Article
        Lock icon Indosat sets 2005 date for services
        58 7 Bloomberg [JAKARTA] PT Indonesian Satellite Corp, or Indosat, the country's dominant international phone company, said yesterday that it expects to offer domestic services starting 2005. Entry into the market, now controlled by PT Telekomunikasi Indonesia, or Telkom, is "part of the blueprint of the
        Bloomberg  -  58 words
      • Article
        Lock icon Mischief Reef flights OK: Estrada
        58 7 Reuters [MANILA] The Philippines yesterday brushed aside Chinese protests and defended its airforce reconnaissance flights over a disputed reef in the South China Sea. President Joseph Estrada said he had no plans to stop airforce flights over Mischief Reef in the Spratly Islands, saying it
        Reuters  -  58 words
    • Article
      Lock icon Goldman, Thai developer offer to buy Regent's owner
      360 7 BANGKOK 1.7b b&ht bid is 52% higher than Royal Garden's offer Bloomberg GOLDMAN, Sachs Co and a Thai property developer have offered 1.7 billion baht (5578.3 million) to buy Rajadamri pel, owner of the Regent Hotel in Bangkok. The offer is 38
      Bloomberg  -  360 words
    • Article
      Lock icon Anwar judge to hear application to oust himself: defence
      377 7 KUALA LUMPUR Lawyer says High Court registry has set Sat for hearing AFP THE judge whom Anwar Ibrahim is trying to remove from his trial will himself decide whether he should step down, the ousted deputy premier's lawyers said yesterday. "The
      AFP  -  377 words
    • Article
      Lock icon Secret Islamic plot to topple M'sian govt: report
      299 7 KUALA LUMPUR AFP A SECRET Islamic organisation has infiltrated Malaysian political parties, universities, youth and religious groups aiming to oust the government through political and ethnic unrest, a report said yesterday. The shadowy group was believed to be funded by foreigners, Islamic
      AFP  -  299 words
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      582 7 Warped I offerings i i you can't resist SI \DAY. 2S M \RC|| 1! II DOR HA I I K( >|)\V( >|) |>ARK 11() 111 11 w i\(.: ioa.W ii .h,) \M AUCTION: 12 PM SHARP j I. > 111 11 nil 11 N _nm sl,i:| nu i i.,i|uM .tiu
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China signals change of course on Itic closures
      311 8 SHANGHAI Efforts to restructure firms preferred to shutting them: report AFP THE central People's Bank of China has called for restructuring of troubled financial institutions rather than closure, confirming a change of direction, the official China Securities reported yesterday. Quoting a recent
      AFP  -  311 words
    • Article
      Lock icon China cracks down on firms misusing public funds
      240 8 BEIJING It names and shames several state-mn financial institutions AFP (BEIJING] China yesterday named and shamed several state-run financial institutions as part of a nationwide crackdown on the mishandling of public funds. "Inspectors uncovered 15 billion yuan (SS3.I billion) of misused state
      AFP  -  240 words
    • Article
      Lock icon HK office rents now below London, NY, Tokyo, Paris
      146 8 HONGKONG Reuters [HONGKONG] Investment bank Dresdner Kleinwort Benson said yesterday office rents in Hongkong's Central business district have failen to levels lower than those in London, New York, Tokyo and Paris. Office space in Hongkong now manded around U5546.51 (S$80) per
      Reuters  -  146 words
    • Article
      Lock icon Ex-CCP member urges relook at Tiananmen
      235 8 BEIJING He pens open letter to govt, calling for them to admit error AFP A FORMER member of the Chinese Communist Party (CCP) politburo who was sacked following the 1989 Tiananmen Square bloodshed, has written to President Jiang Zemin urging a reassessment of the
      AFP  -  235 words
    • Article, Illustration
      Lock icon What could China learn from Playboy?
      111 8 fRFIJINGI Christie Hefner heiress and president of the Playboy empire, keeps an eye on her Chinese translator while speaking to an audience of fashion retailers and designers. At the 1999 China International Fashion and Accessories Fair (Chic '99) in Beijing vesterday Ms Hefner spoke
      AFP  -  111 words
    • Article
      Lock icon HK Telecom, HK Post to offer e-Certs
      109 8 HONGKONG Bloomberg HONG Kong Telecommunications Ltd, the city's largest Internet service provider, said it will work with the government to offer electronic certificates to its customers. Electronic certificates, or "e-Certs", allow on-line shoppers to ensure that merchants are authorised to accept customers' payments
      Bloomberg  -  109 words
    • Article
      Lock icon China offers foreign firms 35% equity in telecoms
      390 9 BEIJING But that won't do for WTO; speedy market access, clarity in ventures needed Reuters CHINA is offering foreign firms a 35 per cent stake in now off-limits telecommunications businesses, in its bid to secure membership in the World Trade Organisation, analysts
      Reuters  -  390 words
    • Article, Illustration
      Lock icon Microsoft's PC alternative faces hurdles in China
      535 9 BEIJING Bid to spread Net use faces over-burdened infrastructure, high online fees Reuters WITH the introduction in China of a cheap alternative to personal computers, Microsoft Corp has dodged a major obstacle to widespread Internet use in the. world's most populous nation the
      Reuters; REUTERS  -  535 words
    • Article
      Lock icon Taiwan offers more first-time home buyer subsidies
      256 9 TAIPEI Two earlier packages of NTs3ob each used up Bloomberg TAIWAN will offer a new package of subsidised mortgage loans for first-time home buyers to further boost the property market, central bank governor Perng Fai-nan said yesterday. Speaking after a quarterly board meeting
      Bloomberg  -  256 words
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      207 8 'WUjm We will find our own strength v > when we admit that we are vulnerable. I^^^^ ®L'v 7 FL3 wiWM a 1 H I .L.. •<& 1 --fc"^jQ» X,-.'v v^.;-V..; y yi, j .>* 1 f^^^Sßfn^YtfW^rafo/?Tsrr*ff^^^^E £f&r- »„j£*~iijr—S'Vygßkfifls**flfl|Sgy^ *»W i*jTr3^^B^^l^£i^-Ir%39fe>^r^-r^c?y?*li^^MfcpJVgSLJJKT■^iWiMW£te!feJßSßc36RWßMdEPrsattl^3BO^wW^SWfaii!fi^M#^p^^^^p*^i^jftryij yWs!HEy^^^^^|W?3»^iir^KTtMP|^^Hß <ii#» *3B^!Bg^ffSflMjK^B^^HßHHßß«MH**T?sw*CTlPßfffff^^ sg^E^>^^l^^^^,i'^J*<B»^milWlgW!^Wy^U^^^a^^%i3Kg^^^?^:'«MW^^^ l^»l; l 11 MAI w
      207 words
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      149 9 7 lligence 81 Inspiration. The New S-Class. l -.«f•*- xx'cym bshhb^ '•V-lgftP'iZ-»the new wlndowbags (as well f system (BAS), provide safer automatic braking. All these safety features are among the over 30 very centimetre of the car has j n addition, the electronic stability program (ESP), innovations in the new
      149 words
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  • ASIA
    • Article
      Sultan of Brunei developing A$22m properly in Darwin
      373 10  -  Residential project linked to Moran healthcare group's AsBom development From Surinder Singh in Sydney THE Sultan of Brunei has entered into a deal with Australian healthcare giant Moran which will see Asloo million (*****.8 million) injected into the economy in Darwin. According
      373 words
    • Article, Illustration
      Lock icon Big day tomorrow?
      79 10 AFP [SYDNEY] In what is being called Australia's society wedding of the year, media heir Lachlan Murdoch is expected to marry model Sarah O'Hare tomorrow. The couple have strived to keep the wedding's date and location a secret. But recent reports have predicted an exchange of vows
      AFP  -  79 words
    • Article
      Lock icon BOJ keeps monetary policy unchanged
      245 10 TOKYO Central bank board's decision expected bnt not unanimous Bloomberg [TOKYO] The Bank of Japan's board voted to keep the central bank's monetary policy unchanged, leaving shortterm interest rate near zero and continuing to provide abundant funds to the banking system. The BOJ board's nochange
      Bloomberg  -  245 words
    • Article
      Lock icon Japan 'uncomfortable' with S'pore remarks
      196 10 SINGAPORE There's hint Tokyo not sincere in bid to revive economy Dow Jones Newswires Nikkei THE Japanese Ambassador to Singapore said yesterday that he was uncomfortable with suggestions from Singapore officials that Japan should work harder to revive its economy. "I am uncomfortable about this
      Dow Jones Newswires; Nikkei  -  196 words
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      206 10 ■Sir J Mk.: J- jfe .^WB mm sb^n Wk jJ lis k B, I K 9 11 j& 31 Hk Lm Ha K3 fc. v %I\V I h I v y' -:f IB' B Bv~Ma I II I I B■; B B I You get so much more in First
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      135 10 CHRISTIE'S «™Era Adnen-Jean lc Mayeur de Metpres (Brusseh 1880-1958) Terrace affording a view of the sea with Pollok under an umbrella and several figures Estimate SS2BOOOO-*****0 Le Pho (b Vietnam 19()7 Harmon* vertt: La deux soeurs Ejnmate: 5******-4SJDOO A diamond bracelet W Ejtimate SS6OOOO-76j000 A coloured diamond and diamond rose
      135 words
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  • THE WORLD
    • Article
      Lock icon Open markets are key to economic growth: Rubin
      464 11 NEW YORK World economy is dependent on US strength since others hit badly, he says Bloomberg BOOSTING productivity, keeping markets open and maintaining fiscal discipline are key to driving the US economy forward, Treasury Secretary Robert Rubin said on Wednesday. The most
      Bloomberg  -  464 words
    • WORLD Watch
      • Article
        Lock icon Delta to sell 119 Boeing 727s to U Tech
        86 11 Reuters [ATLANTA] In the biggest used-plane sale ever, Delta Air Lines Inc said yesterday that it would sell 119 Boeing 727 aircraft it is retiring to a unit of United Technologies Corp which will convert the airliners into cargo planes. The
        Reuters  -  86 words
      • Article
        Lock icon US Feb hone resales fall 0.4%
        64 11 Bloomberg [WASHINGTON] US home resales fell in February from the record pace set a month earlier, even as job gains, rising incomes and high consumer confidence kept housing elevated. Resales declined 0.4 per cent last month to an annual rate of 5.02 million, the
        Bloomberg  -  64 words
      • Article
        Lock icon UK to tighten up on political donations
        53 11 Reuters [LONDON] Britain said yesterday it would tighten up rules covering company donations to political parties, and require shareholder approval first Executives who hand overthoney without their shareholders' endorsement may be forced to repay the money into their company's coffers out of their
        Reuters  -  53 words
      • Article
        Lock icon BBC World Svc claims 143m listeners
        70 11 Reuters [LONDON] The BBC World Service said yesterday that new audience figures showed 143 million people now listened to its radio programmes every week, five million more than last year. The figure meant the World Service returned to its highest ever audience level, which
        Reuters  -  70 words
      • Article
        Lock icon German CPI down 0.4% over 6 months
        48 11 Bloomberg [FRANKFURT) The Bundesbank said yesterday that German consumer prices fell at an annual rate of 0.4 per cent in the six months to March, after foiling at an annual rate of 0.6 per cent in the six months to February.
        Bloomberg  -  48 words
    • Article
      Lock icon UK CBI survey least gloomy in 7 months
      383 11 LONDON Reuter DEMAND in Britain's struggling manufacturing sector picked up slightly in March, but exports are still falling and domestic prices are set to plunge, the Confederation of British Industry said yesterday. The CBl's industrial trends survey, which was broadly neutral for
      Reuter  -  383 words
    • Article, Illustration
      Lock icon Nato to press on with air strikes
      368 11 BELGRADE AFP NATO was set to hit again at Yugoslavia yesterday after a first wave of air strikes on Serbian targets was deemed successful, while Russia and China demanded a halt to the military action. Yugoslav news agency Tanjug quoted the army chief
      AFP; REUTERS  -  368 words
    • Article
      Lock icon Gates says Microsoft now willing to settle suit
      292 11 THE MICROSOFT CASH Provided it's free to keep adding to Windows Bloomberg Bridge News MICROSOFT chairman Bill Gates said the world's biggest software maker is willing to settle its landmark antitrust trial as long as it's free to keep integrating new features
      Bloomberg; Bridge News  -  292 words
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      12 11 BTODAY@ tk ■ianhe Janhan mmm mm# H±£gg Miaous mm CDMA %Sb«i£H£ •W&*
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      56 11 BfPvSiv Sftr-jK: '> Tv^ffT*cggEKH3MKMH^M ISiISIB -> f '''^^HMi '^pSI ite# Sapfe-.:-, 7:4ggg^^^^^H The Voyage Soft-Attache Weekend Case is made of lightweight and durable twilled nylon fabric, and measures 50 x 37 x 18 cm. It ha* a main compartment with a padded base, detachable compartment .;.6;;^^p|HH|^H and front zipped pocket,
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      1759 12 lß#estpac Banking Corporation Banking Corporation I Westpac Banking Corporation and its controlled entities (All figures quoted in Australian dollars) I 60 Martin Place I Sydney NSW 2000 Telephone 9226 3311 Facsimile (02) 9226 4128 STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 1998 Singapore *****6 BALANCE SHEET AS AT
      1,759 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Belligerent US could trigger new Cold War
      746 13  -  THE BOTTOM SOB OPINION By Leon Hadar The writer is BT's Washington correspondent AMERICA'S original and much debated "dual containment strategy" aimed at isolating Baghdad and Tehran seems to be falling apart as the European Union (EU), Russia and China are challenging Washington's
      746 words
    • Article
      IN OTHER WORDS
      103 13 The threat of force was there to help him (Slobodan Milosevic) come to the conclusion that a peaceful solution was the best solution.' -James Robin US state department spokesman, vehemently denying that Nato was trying to bomb Yugoslavia back to the bargaining table. 'Nato is not waging
      103 words
    • Article
      War in the Balkans, again
      655 13 EDITORIAL THE Western allies, who have launched a series of missile and air strikes on Yugoslavia may find that this is the easy part of starting a war. Thirteen of the North Atlantic Treaty Organisation's 19 members have committed forces against a leader the West
      655 words
    • Article, Illustration
      Lock icon Opec finds the right mix for politics and oil
      928 13  -  Oil producers face reality to reach output-cutting accord underpinned by new political alliances By Yousef Ibrahim NYT m Vienna THE key to raising the price of oil, the Organisation of Petroleum Exporting Countries (Opec) has decided, is found more in politics
      NYT; FILE PHOTO  -  928 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      1094 13 PATIENCE is growing short among some leaders in Beijing over the Taiwan issue. There are indications a timeline of 2002-2005 has been set to "reunify" the island with the mainland. The situation is increasingly unstable and potentially explosive. The theatre missile defence issue has fuelled the
      1,094 words
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      187 14 Ulllllllllllllll t Imm *************** l 1 wlmK ~n K 'Cj^'- •.'^M^ f 1 BP^r^zZ^r^^weSKSßa rrTT7§ d> AO %%wl n| m lir .a Khl,. 4^Hbp mJTI JM^^B^M^MfjBWK :#IPF THE BANK a'4P .j' -y-tea. 1 By y Introducing DBS Internet kiosk. J_ Singapore's first public Internet banking service. DBS Bank brings you
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon SIA ties up A$500m Ansett deal
      789 15  -  Investment will boost SlA's earnings from year one, predicts its CEO From Conrad Raj in Melbourne [SINGAPORE] Singapore Airlines yesterday sealed the deal to buy 50 per cent of Ansett Holdings from Rupert Murdoch's News Ltd in a Assoo million (Sssso million) acquisition that
      REUTERS  -  789 words
    • Article
      IMS minority shareholder sues Li & Fung
      354 15  - IMS minority shareholder sues Li Fung By. Rahita Elias [SINGAPORE] Inchcape Marketing Services shareholder Ong Eng Poh has sued Li Fung Distribution (Singapore), claiming that its voluntary offer for IMS shares had "oppressed and unfairly prejudiced" him as a minority shareholder. The Malaysian man is seeking a court order for
      354 words
    • Article
      Freight Links 1999 warrants —Is it fair to extend expiry?
      855 15  -  HOCK LOCK SIEW R Sivanithy TIHE decision to extend the lifespan of Freight Links' 1999 warrants by two years has sparked a fair amount of controversy in the market. Some parties have applauded it while others have condemned it. The
      855 words
    • Article
      Vikay to sell units to Malaysia's Lantech for $23m
      428 15  -  New firm buying the assets will seek Sesdaq listing By Corinne Kerk [SINGAPORE] Liquid crystal display maker Vikay Industrial has struck a conditional agreement with Malaysia's Lantech Sdn Bhd to sell its entire business undertaking other than its China operations and
      428 words
    • CORPORATE RESULTS
      • Article, Illustration
        Lock icon Delgro calls it a day on property
        611 16  -  $224 m real estate provisions treated as extraordinaries liy< Christopher Tan [SINGAPORE] Delgro Corp, formerly SBS (1978), yesterday said it has quit the property scene after chalking up real estate provisions of over $200 million. Though property was a core business, the $224
        FILE PHOTO  -  611 words
      • Article
        GE Life net surplus dips 2.7%
        148 16 [SINGAPORE] Great Eastern Life Assurance last night announced a 2.7 per cent fall in group net surplus to $76.7 million for the year ended December 1998. For 1997, it had reported a 17 per cent rise in surplus to $78.8 million. The company did
        148 words
      • Article
        CWT 1998 earnings down 13% to $6.7m
        178 16 [SINGAPORE] CWT Distribution has reported a 13 per cent fall in group net earnings to $6.7 million for 1998. But turnover for the year ended Dec 31, 1998, rose by 9 per cent to $145 million. The transport and warehousing company attributes the
        178 words
      • Article, Illustration
        Lock icon FJ Benjamin cuts H1 losses by 27% to $13.4m
        563 16  -  Results disappoint analysts expecting $6m loss for fall year By. Rahita Elias [SINGAPORE] Branded goods retailer FJ Benjamin Holdings pared its half-time losses by 27 per cent to $13.4 million, as savings from the ongoing rationalisation of its operations at home
        FILE PHOTO  -  563 words
      • Article
        Extraordinaries drag CSA down
        255 16  -  liy. Annette Pau [SINGAPORE] Mainboardlisted CSA Holdings yesterday announced staggering extraordinary losses of some $20 million, which dragged its bottom-line losses to $18.7 million for the year to Dec 31, 1998. Before extraordinaries, CSA managed to make net earnings of $1.3 million, which was still sharply
        255 words
      • Article, Illustration
        Lock icon Jurong Engg profit surges 60%, UE's down 60%
        453 16  -  Both firms expect to remain profitable in current year ity David Boey [SINGAPORE] Mainboard listed construction firms Jurong Engineering Ltd and United Engineers Ltd yesterday posted full-year earnings of $15 million and $5.7 million respectively for 1998, and said they expect to
        FILE PHOTO  -  453 words
      • Article
        Transpac net loss widens 72% to $61m
        380 16  -  By i CorinneKerk [SINGAPORE] 1998 was a disastrous year for Transpac Industrial Holdings the company yesterday said its losses deepened 72 per cent to $61 million, bringing accumulated losses to almost half its share capital. During the year, the main-board-listed venture capital company
        380 words
      • AT A GLANCE
        • Article
          Superior Metal profit halved to $2.2m
          77 16 [SINGAPORE! Superior Metal Printing has reported a halving of net profits to $2.2 million for the year ended Dec 31. Turnover fell 2.8 per cent to $72.7 million; net earnings per share on a fully diluted basis, down 1.3 cents to 1.2 cents; and
          77 words
        • Article
          Oakwell earnings fall 75% to $622,000
          70 16 [SINGAPORE) Oakwell Engineering's net profits fell 74.6 per cent to $622,000 for the year ended Dec 31. Turnover dipped a marginal 4.2 per cent to $115.4 million. Earnings per share fell to 0.78-cent from 3.06 cents in 1997. Net tangible assets per share slipped
          70 words
        • Article
          Rotol posts 37% drop in profit to $2.5m
          96 16 [SINGAPORE] Price competition and a drop in demand in the construction industry led Rotol Singapore to post a 37.4 per cent drop in net earnings to $2.5 million for the year ended Dec 31. Turnover fell 25.9 per cent to $24.4 million.
          96 words
        • Article
          UOI earnings jump 11 times to $2m
          59 16 [SINGAPORE] United Overseas Insurance has reported an almost 11 times jump in net profit to $2 million, thanks to a "prudent underwriting policy". Gross premium income fell 8.1 per cent to $27.7 million. The company expects the insurance industry to shrink further in
          59 words
        • Article
          ICB reports 22.5% drop in profit to $39m
          115 16 [SINGAPORE] Industrial Commercial Bank (ICB) yesterday posted a 22.5 per cent fall in net profit to $38.9 million for 1998, due largely to provisions totalling $74 million. Of the amount, $24 million and $6 million were specific and special general provisions to
          115 words
        • Article
          SM Summit's net gains dive 61% to $3m
          77 16 [SINGAPORE] SM Summit Holdings has reported a net earnings drop of 61 per cent to $2.9 million, due to a fall in turnover, losses by its Hongkong subsidiary which had suspended operations in July 1996, and higher provisions for doubtful debts. Turnover
          77 words
        • Article
          Compact earnings halved to $3m
          95 16 [SINGAPORE] Compact Metal Industries has posted a near 50 per cent drop in net profit to $3.03 million for 1998, due to margin squeeze. It also warned of further margin erosion this year. For the year ended Dec 31,1998, turnover fell 4.4 per cent to
          95 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article
        Malaysia sets out corporate governance proposals
        438 17  -  Recommendations by panel expected to kick in by 2001 From, Diana Oon Abdullah in Kuala Lumpur A HIGH-LEVEL committee set up after a controversial rescue of the troubled Renong group has made some 70 recommendations to boost corporate governance in Malaysia. Among key recommendations
        438 words
      • Article
        Renong RM1.3b in the red after RM1b option provision
        550 17  -  Reports by 1 Ruth Wong in Kuala Lumpur MALAYSIAN conglomerate Renong Bhd posted a shocking net loss of 1.32 billion Malaysian ringgit (***** million) for the first half-year ended Dec 31, but analysts said the results would not be as startling
        550 words
      • Article
        UEM earnings fall 36% to RM182m
        279 17 [KUALA LUMPUR] United Engineers (Malaysia) yesterday blamed the economic recession for a 36 per cent drop in group net earnings to 181.8 million Malaysian ringgit (5582.5 million) for the year ended Dec 31,1998. This works out to earnings per share of 23 sen, down
        279 words
      • Article
        Pac Can gets six-month reprieve
        202 17 [SINGAPORE] Pacific Can Investment has won a sixmonth reprieve in its struggle to meet the upcoming redemption of a $20.6 million loan stock due at the end of next month. The company yesterday said it had secured a shortterm facility of $20 million from First
        202 words
      • COMPANY Briefs
        • Article
          Lock icon Datacraft aims for acquisition in Japan
          67 17 Reuters [HONGKONG] Datacraft Asia plans to make an acquisition in Japan within six months, the only major Asian market in which the Singapore-listed firm does not have a presence. "The only large major country that we're not in yet is Japan and we're working
          Reuters  -  67 words
        • Article
          Omni, Amtek set up US$9m Texas plant
          83 17 [SINGAPORE] Electronic parts maker Omni Industries has signed a joint venture agreement with Amtek Engineering and Kris Components Bhd to set up a US$9.3 million (Ssl6 million) manufacturing facility in Texas. Omni will have a 30 per cent stake in the US factory
          83 words
      • Article
        Soeryadjaya sues Kotjo for $8m; Kotjo counterclaims
        494 17  -  Soeryadjaya topped margins on Kotjo's behalf: lawyer By' Catherine Ong [SINGAPORE] The multi-mil-lion-dollar suit and countersuit between Indonesian businessmen Johannes Kotjo and Edwin Soeryadjaya began in court yesterday with both sides tussling over a series of payments made by the latter to cover
        494 words
      • Article
        EPF urged to set up watchdog to protect small investors
        540 17  -  Proposal among 70 suggested by panel to improve corporate governance in M'sia From Eddie Toh in Kuala Lumpur THE Employees Provident Fund the most prominent minority shareholder in the country's large corporations should spearhead the setting up of a watchdog
        540 words
      • Article, Illustration
        Lock icon Poh Tiong Choon gets IPO nod
        265 17  -  By Eugene Low [SINGAPORE] Local logistics specialist Poh Tiong Choon (PTC) Contractors has obtained in-principle approval from the Stock Exchange of Singapore for a mainboard listing. PTC, which had a turnover of $40 million and pretax profits of $5.5 million last year, is engaged
        ST/SONIA TAN  -  265 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Cheung Kong earnings fall 65%, Hutchison Whampoa's 29%
        458 18  -  Results polled down by hefty provisions for property, securities values Reports front Quak Hiang Whai in Hongkong LI Ka-shing's Cheung Kong (Holdings) and Hutchison Whampoa (HWL) yesterday unveiled sharply lower profits for 1998, dragged down by heavy provisions for property and securities
        AFP  -  458 words
      • Article
        Enough funds for up to HK$30b projects: Li
        585 18 Bnt HK tycoon gives no details on Cheung Kong's plans THE Cheung Kong group now has enough financial arsenal to invest as much as HK$3O billion (556.7 billion) in any projects in Hongkong or around the world, chairman Li Ka-shing said yesterday.
        585 words
      • WORLD Briefs
        • Article
          Lock icon Henderson Land net drops 77%
          52 18 Bridge News {HONGKONG] Henderson Land yesterday reported net profit of HK$BB9 million (Ssl9B million) for the six months ended Dec 31, down 77 per cent. Turnover totalled HK52.27 billion for the period, shrinking to just a third of the HK$7.O5 billion posted a year ago.
          Bridge News  -  52 words
        • Article
          Lock icon NEC to make fastest microchips
          64 18 AFP [TOKYO] NEC said it would develop the world's fastest system LSI (large-scale integration) microchips with the most advanced circuit-etching technology. The system-on-chip will be the first of its kind to use a process technology for etching circuits as thin as 0.15 microns. The new
          AFP  -  64 words
        • Article
          Lock icon Morgan beats Q1 estimates with US$1b
          66 18 Bloomberg [NEW YORK] Morgan Stanley Dean Witter, the biggest US securities firm by equity capital, said first-quarter earnings jumped 50 per cent to a record as trading revenue surged amid a recovery in bonds. Net income for the period ended Feb 28 rose to
          Bloomberg  -  66 words
      • Article
        Wharf net profit up 2.1% to HK$1.9b
        307 18  -  From Lob Hoi Yin in Hongkong AMID a poor crop of 1998 results, conglomerate Wharf Holdings managed to turn in a modest 2.1 per cent increase in net profit to HK$l.9 billion for the year ended Dec 31. Still, it was off the
        307 words
      • Article
        Pacific Century may spin off S'pore assets to list in HK
        372 18  -  It will consider that once Cyberport takes form: Richard Li From Loh Hui Yin in llonykorty RICHARD Li, who controls the Pacific Century Group, may consider listing some of the group's Singapore assets here when the controversial Cyberport high-tech
        372 words
      • Article
        HK$127m charge hits Shangri-La Asia
        427 18  -  Net profit falls 46% to HKs4olm, due also to Asia crisis From Loh Hui Yin in Hongkong AN exceptional charge of HK$l27 million (5528.3 million) and the regional economic slump reduced Shan-gri-La Asia's net profit by 46 per cent to HK$4Ol million last year. The
        427 words
      • Article
        Share turnover soars for dob-quoted Tan Chong
        189 18  -  Byi Christopher Tan [SINGAPORE] The turnover of Clob-quoted Tan Chong International a Singaporebased motor company more than quadrupled to about 20 million shares yesterday, following the release of its impressive maiden fullyear results. The Hongkong-listed counter ended four cents higher at HKSO.BB as
        189 words
      • Article
        SIA wind under Ansett's wings
        374 18  -  It's seen having long-term strategy to grow Ansett From. Russell Baker in Sydney ANSETT Australia will be in a much stronger position to compete with its rival Qantas Airways now that it has Singapore Airlines as a 50 per cent shareholder. Rupert Murdoch's News Corp
        374 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon IBM reveals US$992m loss in PC business
        439 19 It clinches USs3b deal to sell hardware products to rival EMC Corp over 5 yrs Reuters, AFX-Asia [NEW YORK) International Business Machines Corp disclosed a pre-tax loss of nearly US$l billion (Ssl.7 billion) from its personal computer business in 1998, according to the
        Reuters,; AFX-Asia  -  439 words
      • Article, Illustration
        Lock icon Global One consortium close to breaking up: report
        371 19 Collapse will leave Sprint open to an acquisition Reuters [NEW YORK] Global One telecommunications consortium, which comprises Sprint Corp, France Telecom and Deutsche Telekom, is close to collapse, the New York Times reported in yesterday's issue. It said a pact to dissolve
        Reuters  -  371 words
      • Article, Illustration
        Lock icon Goldman's Cohen ups S&P forecast
        533 19 It could hit 1,325 at year-end, with Dow at 10,300, says one of Wall St's best Bloomberg (NEW YORK] Goldman, Sachs investment strategist Abby Joseph Cohen raised her forecast for the Standard Poor's 500 Index, saying the benchmark could end the year at 1,325 instead
        Bloomberg; FILE PHOTO  -  533 words
      • Article
        Lock icon Ameritech to buy 20% of Bell Canada for C$5.1b
        319 19 Bloomberg [TORONTO] Ameritech Corp, the US local phone company set to be acquired by SBC Communications, said it will buy a 20 per cent stake in No 1 Canadian carrier Bell Canada for Css.l billion (Sss.B billion), to take advantage of
        Bloomberg  -  319 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon NY Fed chief casts doubts on hedge funds rules
        489 20 The foods may simply move to countries which lack supervision, he says Bloomberg [WASHINGTON] Direct regulation of hedge funds would require an unrealistic level of international cooperation and probably cause the investment pools to find havens overseas, New York Federal Reserve
        Bloomberg; FILE PHOTO  -  489 words
      • Article
        Lock icon Mediobanca chief pressed to quit
        296 20 Mar*"#!" being blamed for merger failures FT [MILAN] Vincenzo Maranghi, the chief executive of Mediobanca, on Wednesday came under increasing pressure from some shareholders and bankers to step down to clear the way for a radical restructuring of the Milan investment bank caught up in
        FT  -  296 words
      • Article, Illustration
        Lock icon Chase names successor to Shipley
        429 20 Vice-chairman William Harrison Jr made president and chief executive Reuters [NEW YORK] Chase Manhattan Corp said on Wednesday that it had named William Harrison Jr president and chief executive to succeed chairman Walter Shipley at running the nation's third largest banking company. The long-awaited announcement
        Reuters  -  429 words
      • Article
        Lock icon Commerzbank profit up 8% in first 2 months of '99
        283 20 AFP [FRANKFURT] Germany's fourth biggest bank, Commerzbank, has posted a pretax profit of 351 million euros (***** million) in the first two months of the current year, 8 per cent more than in the corresponding period of 1998. Commerzbank's chairman,
        AFP  -  283 words
      • SMALL Change
        • Article
          Lock icon Sumitomo to launch Internet broker
          107 20 Bloomberg (TOKYO] Sumitomo Bank Ltd, Japan's second-largest lender, said yesterday that it would launch a Japanese Internet broker with DLJdirect, an arm of Donaldson, Lufkin Jenrette Inc and one of the US' top online brokerages. DLJdirect SFG Securities Inc will start operating in June, and
          Bloomberg  -  107 words
        • Article
          Lock icon Chinese bank among world's biggest 500
          55 20 Bernama-Xinhua [BEIJING] China Merchants Bank, with assets valued at 150.9 billion yuan (5J31.4 billion), was placed on the list of the 500 largest banks in the world last year by the British magazine, The Banker. According to bank officials, the bank's total deposits reached
          Bernama-Xinhua  -  55 words
        • Article
          Lock icon US$64m bank merger in Michigan
          78 20 Reuters [lONIA, Michigan] Independent Bank Corp said on Wednesday it agreed to acquire Mutual Savings Bank in a US$64 million (Ssl 10.6 million) deal that will create Michigan's fourth-largest community bank. The deal, creating a bank with almost 100 offices and more than US$l.5 billion
          Reuters  -  78 words
      • Article
        Bullish Japanese market seen lifting S'pore
        189 21  -  r»» m Reports M 9& Singapore Index Bob Butcher, Jardine Fleming THE Singapore stock market and the related derivatives listed there were up along with many markets in the region. The Japanese market is beginning to be seen as trending higher, ending what has
        189 words
      • Article
        Futures up on Pohang's explosion shutdown
        229 21  -  MSCI Taiwan fixtures Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract rose 1.9 points yesterday following news of the shutdown of Korea's Pohang Iron Steel Co due to a plant explosion. It stirred up hopes of increasing sales
        229 words
      • Article
        Lock icon Crude oil continues to slip as market awaits expected cuts
        287 21 ENERGY REPORT Bloomberg CRUDE oil fell for a third day, declining 1.8 per cent, as traders awaited evidence that producers will fulfill their promises to cut world supply by 2.7 per cent in a bid to end a glut and
        Bloomberg  -  287 words
      • Article
        Lock icon CURRENCY REPORT
        326 21 Reuters London AN initial boost for the dollar petered out yesterday as cur rency markets awaiting fur ther developments in Kosovo confined the dollar within half a yen and half a cent against the euro, analysts said The do'ilar aid go up but not significantly when the at
        Reuters  -  326 words
      • Article, Illustration
        Untitled
        1243 21 DtTBRBAWI CROSS BATES A$ CS Euro Ffr Dw HK$ Ind K»»upi«h Yen Wow »X *2$P*ts H$e tand Sfr WT$ Urt Po—d USS Australia 0.961 6.178 0.585 3.834 1.143 4934 26.992 56.480 0.750 7.788 2.420 1180 32.162 24.655 1099 3.961 0.931 21.092 23.926 0J89 0.637 Canada 1.040 5.498 0.608 3.988 1189
        1,243 words
      • Article
        Untitled
        1827 21 SICOM FUTURES Mar25 RUBBER (futwn closmq u it SJOpn) RSS1 CONTRACTS cwtsAq) Close Volume Open Month High Low Sott (toonx) Interest Apr 99 101.25 150 May 99 102.00 102.00 102.00 100 775 Jw 99 103.50 250 Jul/Sep 99 106.25 600 Oct/Occ 99 109.00 525 J«\fltar 00 112.50 RSS 3 CONTRACT
        1,827 words
    • Article, Illustration
      Lock icon HONGKONG
      1387 22 AFP n Hang Seng ♦114.79 SHARE prices rose 1.1 per cent yesterday, rebounding from a sharp fall the previous day as investors were encouraged by an upturn on the Tokyo market, dealers said. "It is just a rebound from yesterday's sharp falls," said Michael Ng, deputy managing director at
      AFP  -  1,387 words
    • Article, Illustration
      Lock icon CHINA
      512 22 Reuters CI Shenzhen B Index -0.Q9 SHENZHEN'S hard currency B shares and domestic A shares closed off yesterday in a technical correction, but textile stocks surged on hopes of asset restructuring and stronger exports, analysts said. The B share index fell 0.09 point, or 0.17 per cent, to 50.43,
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  512 words
    • Article
      Lock icon TAIPEI
      347 22 AFP Q TP Index +5L96 TAIWAN share prices closed 0.8 per cent higher yesterday on expectations that the central bank would announce new market-bolstering measures after its board meeting, analysts said. The central bank may announce a cancellation of the floor on commercial banks' reserve deposits, which would boost
      AFP  -  347 words
    • Article
      WORLD STOCK MARKETS
      2221 22 LONDON MnMak >Mr ?S phm 31 Group 6.12 -0.04 AI Foods 4.42 0.12 A B Ports 2.86 0.02 ANIedDomecg i 4.64 an Allied Zurich 7.92 -0.16 Anglo American Gold 23.00 0.10 AS0A Group 1.55 0.01 Bank of Scotland 8.17 0.11 Barclays 16.93 -0.01 Bass 9.03 0.22 SG
      2,221 words
    • Article
      Lock icon TOKYO
      1577 22 AFP H Nikkei 225 ****** SHARE prices in Tokyo rallied 3.0 per cent yesterday as investors moved for buy-backs following a steep fall the previous day, brokers said. "The market tumbled too much yesterday and there was no reason to push share prices lower today," said Kazunori Jinnai, deputy
      AFP  -  1,577 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Recovery faces resistance amid tight liquidity
        444 23 AFP, AFX-Asia PI Composite Index +4-57 SHARE prices ended 0.9 per cent higher yesterday on local institutional support but gains were capped by tight liquidity, dealers said. The KLSE Weighted Composite Index rose 4.57 points to end at 499.14. off an earlier high 0f502.36,
        AFP,; AFX-Asia  -  444 words
      • Article
        Untitled
        8742 23 INDUSTRIALS Consumer products 1999 Last Vol Day Net Cap WHU Law Cwhmay Sate *000 Mfk Law >/t |«l 310 255 Ajinomoto 265 146 107.4 83 46 Angkasa 49 t 12 49.5 46 72.3 283 220 Apollo Food Hlg 220 7.7 88 0 204 115 BerjayeLend 122 4 41 122 116
        8,742 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2141 24 BONOS, LOANS ft VARIANTS wt 32-Wk List Va4 Oay Last Quota Avg High Low St no Company SaM *or- COOO) High Lav Buyor Salter Prtaa 18 3 S 3160 "Acar ******1USS 13.5 *05 291 14 13 1T5 14 35 4.5 s 3164 Acma ******4 20 *2.5 2222 20 18 19
        2,141 words
      • Article
        Covered wrts: unveil volatility figures
        234 24  -  WARRANT WATCH By R Sivanithy COVERED warrants have been in the news lately with Deutsche Bank's four new issues on three Local bank tranches and SIA. Yet the segment isn't doing well volume in most other covered warrants has been declining over the past few
        234 words
      • Article
        CLOB INTERNATIONAL
        226 24 HONGKONG STOCKS C» 6c 52-mi Last vol Oay La*t Quo** CMv Mv VM Nat M Cap HUh Law Stno Company SaM COOO) Htfh L— Btiyf S—of H C'vf H P/l $mtl 235 173 5123 COL (2000) HK 230 CO 227.5 240 8 2.4 3.5 1t8 4453 2 5124
        226 words
      • Article
        Lock icon WELLINGTON
        311 24 AFP n Wellington -OM NEW Zealand stocks ended flat yesterday on light turnover as selling absorbed the positive impact of better than expected current account data, dealers said. The NZSE4O Index was down 0.84 to 2114.66 points. Turnover totalled NZ$ 97.7 million with Telecom Corp trades accounting for NZ$6O
        AFP  -  311 words
      • Article, Illustration
        Lock icon BANGKOK
        888 24 AFP PSjjTMg +£35 THAI shares rose 1.5 per cent at the close yesterday as investors bought up banking and finance stocks following recent falls, dealers said. Dealers said the market reacted positively to news of Finance Minister Tarrin Nimmanahaeminda's plans to review bank reforms but investors were likely to
        AFP  -  888 words
      • Article
        Lock icon SEOUL
        424 24 AFP C 3 Composite Index -0.41 SOUTH Korean share prices closed barely lower yesterday after late foreign selling eroded early advances on the back of a strong rebound in Tokyo, dealers said. "The trading day got off to a strong start in the morning on prongramme-buying in selected small
        AFP  -  424 words
      • Article
        Lock icon SYDNEY
        673 24 AFP |H| AP Ordinaries +2L2 SHARE prices closed up 0.7 per cent yesterday despite losses on Wall Street as key industrial and resource stocks took an upswing largely because of the expiry of options, brokers said. The All Ordinaries Index closed up 21.2 points at 2,986.9. The All Industrials
        AFP  -  673 words
      • Article, Illustration
        Lock icon JAKARTA
        719 24 AFP fl Composite Index +4.48 INDONESIAN shares closed 1.1 per cent higher yesterday on the back of a slightly stronger rupiah and selective trading in blue-chip stocks, dealers said. "The rise was quite insignificant, but there was some trading in Astra," a dealer with a local brokerage said, referring
        AFP  -  719 words
      • Article
        Lock icon MANILA
        297 24 AFP CI Manila -2137 SHARE prices fell 1.3 per cent yesterday on extended profittaking that pushed the market benchmark to just below the key 2,000-point level, analysts said. The Composite Index fell 26.27 points to close at 1,999.27. Turnover rose to 741 million shares worth 1.902 billion pesos. AFP
        AFP  -  297 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7020 25 Transaction date Mar 25 j 32-Wk Last Vol Day Last Ouot* Olv Olv VM Nat Cap Avq High Law StNo Company Sale COOO) High Lao 8uy»r Sailor C'vr P/C $mM Price MULTI-INDUSTRY 142 17.5 m b 1000 Acma 50c 73 *2 257 73.5 72
      7,020 words
    • Article
      SESDAQ
      1443 25 Or Or M Wt 52-Wk Last Vol Day Last Ouot» Olv Dlv Yld Net Cap Ayg High Low StNo Company Sato COOP) HtqH Law Buyer Sailor C'vr P/t SmM Price MANUFACTURING 2t9 30 C 2049 AS Auto IOC 90 *3.5 ia95 91 86 89 5 90 15 N 7
      1,443 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        417 26 Stacks Votamo Jaya Wt99 35,371,000 JC-MPH WtOO 21,471,000 Eltech Wt99 20,027,000 *TanChonglnt50c 19,998,000 MHE Hldqs Wt99 18,531,000 Frt Links Wt99 16,733,000 EconWtOO 14,598,000 Heshe Wt99 13,686,000 LKN Wt99 11,101,000 CK Tang Wt99 10,428,000 Stocks OCBC Foreign 38,667,806 SPH 33,793,656 DBS Foreign 32,704,110 UOB Foreign 22,913,814 DBS 20,881,100 City Dev 50c
        417 words
      • Article, Illustration
        STI sails past 1,500, helped by renewed rate-cut talk
        599 26  -  STOCK MARKET COMMENTARY Penny stocks in limelight as investors ignore mixed signals from overseas markets By R Sivanithy PENNY stocks ruled the roost in hectic trading yesterday as market players ignored mixed signals from overseas markets to lift the Straits Times
        599 words
      • ON THE GRAPEVINE
        • Article
          Revenge of the 'tai tais'
          161 26 WE hear that some prominent members of the business community, mostly men, we must add, have been scandalised by an interesting social phenomenon that has quietly been taking root in Singapore. It seems it is quite trendy these days for local tai tais and senior
          161 words
        • Article
          Old hand at handling the press
          166 26 BEING the "big tree that catches the wind" as the Chinese saying goes, Hongkong tycoon Li Ka-shing is pretty slick at handling the press, especially on matters of a private nature. At a press conference yesterday, one Hongkong reporter just had to ask him
          166 words
        • Article
          Triple whammy
          117 26 THIS really makes sense: getting in a round of golf, mingling with the people that count, and raising money for charity—all at the same time. Well, at least that's what 144 golfers must have thought, when they tee-ed off at the Orchid Country Club early this month. Health
          117 words
      • Article, Illustration
        HOT STOCK
        69 26  -  -By Ven Sreenivasan FREIGHT Link's stock has roared back to life in the wake of news of a possible two-year extension to its expiring warrant. The 8.9 million shares traded is a whopping 16-time increase over its 10-day average of 554 000 shares. But the stock faces stiff
        69 words
  • Page 15 Advertisements
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      30 15 SIA wind under Ansett's wings, Pg 18 d^m^y jH BOSS HUGO BOSS SPORT ISETAN SCOTTS LE vel NGEE ANN CITY #01-03/04. SUNTEC CITY MALL #01-061/063 vHHf' P > 1 Br HBHimJHHHI
      30 words
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      6 16 Buy It. Sell It. Find It.
      6 words
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      Page 16 Advertisements Column 2
      78 16 L 1 [*7\ THE WORLD'S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Sinic 19/S our /.orldw-.dc staff of over ;;s multi rlisc tplined profession,) s n< liidmij laivyt'rs. chartered aoounMnts K«rtt>r.-d S»H'Ot.»*iOS and bankers have AflV < onfidentiai and < ost effe< tive < nmpan, formation in a" *f >»-
      78 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      201 17 -"Xt; AAA MSI AAA w THE SYMBOL OF FINANCIAL STRENGTH AND gU^f STABILITY THAT SHOWS IN YOUR FACE S"■ I 14. J. In a business of relationships, trust and confidence mean everything. That gfgg M is where the reputation and financial strength of AIA-AIG. represented and advocated through the professionalism
      201 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      60 18 Overseas Originals at Local Prices Come view our March/April collection and jZj enjoy Breat8 reat discount. Choose from 300 original paintings at our 3,000 sq ft gallery, right in the TTlalincta Art Qallerif 9 Penang Road #03-06 Park Mall Singapore *****9 (opposite Dhoby Ghaut MRT) \3t Tel: 334 1415 Fax:
      60 words
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      Page 18 Advertisements Column 2
      219 18 DLUE ARROW" i CO N SU L T A N TS^ Our client, a well-established arts training institution with a full complement of local y and international faculty all well-qualified in specialist fields of creative arts, seeks to y y appoint a vibrant and people-oriented professional to build a challenging
      219 words
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      38 19 Tonight, the three winners of the 1998 Singapore Business Awards will receive their awards from RAdm (NS) Teo Chee Hean, Minister for Education and Second Minister for Defence. Our congratulations and best wishes to the three winners. twßini>essTimi*^P
      38 words
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      43 24 Hello, I saw your /Di d "N f W3S advertisement in Flowers J Janice surprise^ my girlfriend. f BuyiM or selling throctfh <nmL MZmmjK The Straits Times Classified is child's play. V Call C.A.T.S. at 1800-737-1166.1 CATS. Buy H. Sd It Find It
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      2463 26 Going to trade online? You need the best research. Call DBS investor Online at 438-1188 83 DBS BANK NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF PETUU PTE LTD (Incorporated in the Republic
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      Page 26 Advertisements Column 2
      397 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF 8.8. CO PTE LTD (In Creditors' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members ofthe abovenamed Company duly convened and held at 133 New Bridge Road #25-05 Chinatown Point Singapore *****3
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      Page 26 Advertisements Column 3
      13 26 To advertise your simply lax: 741 UN •r Call toll-free: 1800 741 188)
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Banking on the bunny
      1442 27  -  COVER STORY The bridal industry is enjoying a bonanza as couples rush to tie the knot during the Year of the Rabbit But there's no escaping the recession, and spending patterns are changing, tam ot ten finds out how much people are now willing to spend
      SUIT AND GOWN FROM JAZREEL LOWS COLLECTIONS. RABBITS FROM ERICSSON PET FARM. PHOTO BY SIEW YAW HOONG  -  1,442 words
    • VIEWPOINT
      • Article
        So what's really safe to eat nowadays?
        768 28  -  Off the Cliff j. Mad cow disease, bird fin, and now the Japanese encephalitis scare. For the average person with some concern for personal health, the road to well-being is not an easy one by Jaime Ee THIS CHICKEN THING is starting to
        768 words
      • STRAWS In The Wind
        • Article
          Figure this one out
          37 28 A READER sent us this little gem, found on the sticker of a dustpan: "Charming cleaner for your name. Long-handled dustpan with broom. No more bending or stooping. Use teeth to clean filthiness."
          37 words
        • Article
          The final authority
          39 28 HERE'S an ad seen in the New York Times: "For sale by owner: Complete set of Encyclopedia Britaruiica. 45 volumes. Excellent condition. $1,000 or best offer. No longer needed. Got married last weekend. Wife knows everything."
          39 words
        • Article
          The naked truth
          25 28 SPOTTED on a poster advertising the wonders of joining a particular fitness club in Sydney: "Success guaranteed or your old body back!"
          25 words
        • Article
          American inventions
          61 28 EVER wondered what kind of TV shows they have in Iraq? Here's a sample of their TV Guide, as perceived by the New York Times: MONDAY 8:00 Husseinfeld 8:30 Mad About Everything 9:00 Suddenly Sanctions TUESDAY 8:00 Wheel of Fortune and Terror 8:30 The Price is Right if
          61 words
      • Article, Illustration
        Pulling out all the stops
        337 28  -  For those who have the urge to splurge, here's what they can look forward to on their wedding day By 1 Tan Su Yen LAST YEAR may not have been so hot for most players in the bridal industry but at the high end of
        337 words
    • MOTORING
      • Article, Illustration
        The view from Geneva
        949 29  -  ▼em SREEMiVASAif catches up with the latest news at the city's 69th motor show VEN SREENIVASAN GLOBAL carmakers held nothing back at the recent 69th Geneva Motor Show, which was held from Mar 11 to 21. The show the second biggest automotive showcase in the world
        949 words
    • LEISURE
      • Article, Illustration
        WHAT'S ON
        460 30  -  Compiled by Parvathi Nayar MUSIC Singapore Symphony Orchestra Peter Erdei, Hungarian choral conductor and founder-director of the Kodaly* Pedagogical Institute, returns to conduct two pieces by Dvorak. Mass In D also features the voices of the Singapore Symphony Chorus, while the ever-popular Symphony No 9 in E minor
        460 words
      • Article, Illustration
        A dose of bad medicine
        623 30  -  CINEMA Patch Adams provides ample proof that too much laughter can sometimes be more harmful than helpful By Parvathi Nayar WHEN I was in India recently, laughter therapy seemed all the rage. There were organisations that arranged sessions where people got together and, well, laughed,
        623 words
    • Article, Illustration
      CINEMA
      673 31 All Men Are Liars. Comedy of sexual identity. R(A). Golden. American History X. Neo-Nazi film. R(A). Suntec, Cathay, Orchard, Bugis, Central. Beowulf. Chris Lambert stars as a man cursed. Lido, Choa Chu Kang, Jurong, Chinatown, Changi, Century, Hougang, Yishun, Bishan, Tiong Bahru, Boon Lay, Tampines, Marina, Grand, Plaza, Whitesands,
      673 words
    • Article
      ENQUIRIES AND BOOKINGS
      118 31 Cathay Org Cathay 338-3400 East shore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangt/e 223-7529 Eng Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Goldan Villaga 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina TampinesS TiongBahru Yishun Ovwsms Mo via Clementi/Co'wealtti 777-0669 Golden/New
      118 words
    • EPICURE
      • Article, Illustration
        Lock icon Beach party favourites
        774 32  -  The food at Fish Co is a little predictable, but then again, it doesn't pretend to serve haute cuisine, says jaimbbb JAIME EE PISH Co may sound intriguingly like a spin-off from Ally Mcßeal in which Richard Fish and Ling elope to set up a litigating practice
        ARTHUR LEE  -  774 words
      • Article
        Forgotten friends and some suitably happy reunions
        869 32  -  WINE CONNOISSEUR Two champagnes, a First Growth, a Burgundy and Yquem what a classy qnintet By N K Yong Bollinger's Ctrvee Viellles Vlgnes Francaia Blanc de Noiro 1970 A very unusual and rare champagne. It has two features which distinguish it from all
        869 words
      • Article, Illustration
        Good buys before you say goodbye
        446 32  -  TRAVELLING GOURMET Check oat the regional delicacies on sale at Italy's major airports By' Tan Su Yen IF YOU'RE on a business trip to North Italy and don't have any time to visit the country's colourful delis, fret not. Major airports like Milan's Linates
        446 words
      • Article, Illustration
        Shangri-La's born-again Coffee Garden
        186 32 CRAVINGS HAVE YOU been thinking longingly about those late night coffee sessions at Shangri-La Hotel's Coffee Garden? Well, you will be happy to know that the 27-year-old cafe is back with a vengeance now that renovations at the hotel are over. The new Coffee Garden is
        186 words
      • Article, Illustration
        Seniors'night at the ANA
        107 32 THOSE OF US still chained to our desks may have to wait for the weekend to have a leisurely meal out. The unencumbered retirees in our midst, though, are not subject to such restrictions. And just as well, because at the ANA Hotel Singapore, Monday is
        107 words
      • Article
        Yunnan buffet
        136 32 THE FLAVOURS of Yunnan, China's land-locked south-western province, are nothing short of spirited. Here in Singapore, Raffles Marina's Captain's Table is one of the few Chinese restaurants that actively promotes Chinese provincial fare. The restaurant with a view is offering an "Eat-All-You-Can" buffet featuring 50 Yunnan dishes priced
        136 words
      • Article, Illustration
        Bring in the lobsters
        98 32  -  Compiled by Tan Su Yen LOBSTERS are the highlight of the menu at Cherry Garden, The Oriental Singapore, this month as Chef Huang Ching Biao presents them in 15 delectable creations. There is stir-fried lobster with milk fritters and curry leaves, Thai style lobster, and lobster
        98 words
    • TRAVEL
      • Article, Illustration
        Lock icon Where the rainforest meets the reef
        1649 33  -  Queensland's natural playgrounds are not just for the young and superfit They're for able-bodied grandparents as well. And no, you don't have to be a swimmer to enjoy the sand and surf, as maodalbnb phamg discovers during a trip to Cairns MAGDALENE PHANG FYOU
        ALL PHOTOS, EXCEPT FOR GREAT BARRIER REEF, BY MAGDALENE PHANG  -  1,649 words
      • Article, Illustration
        Practicalities
        362 33 TRAVEL PACKAGES There are a number of free and easy packages now being promoted at bargain prices, including those offered by Singapore Airlines and Visa International. They include airfare and at least three nights' accommodation. Visa's package features apartment living and a choice of one of three tours, with
        362 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      189 27 Motoring Star attractions in Geneva EL 3 WZ^SSSd I Our Membership Rewards program puts you miles ahead. I H > **I > l^e American Express' Membership Rewards program, you earn valuable points every time you charge to your Card. Points which you can convert into airline Frequent Flyer points. I
      189 words
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      Page 27 Advertisements Column 2
      6 27 Travel playgrounds el 7 ■L 9
      6 words
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      191 29 < »*vxf*, st fygt-*-** gWn IBHH E 3 flV| I m ,f pig# "®rg§| s'?«teiiß b iHH -*ISjSK Rk 7 v b l tyirf JS*^HK gpfljpg M OH SI4IS b fl| Jl%B t I\?VJ*SBi dining, you can ride first-class on The Ghan; jjfijM and Adelaide. A veritable hotel on rails,
      191 words
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      Page 30 Advertisements Column 1
      347 30 Whereto wine, dine and entertain..."* ■> •> m cr St. Category's Brasserie at Grand Plaza Parkroyal has lined up a happy, fun-filled Sunday get-together for the whole family on 4 April from 12 n6on to 2.3opmi The Easter Lunch Buffet will debght young and old. Children will love the Easter
      347 words
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      Page 30 Advertisements Column 2
      112 30 \\\GH TEa Bsssssaasiii Every Saturday, Sunday Public Holiday JQP Noon to 5.00pm #4Kf Adult: $23+++ Revolving Child: $15 R«.u.r..« 19th floor Reservations: *****58/88 Mantiarin Suu^ipore 333 Orchard Road, Singapore *****7. Tel: *****11 U«w W+a'j 100 P>sU« 6euv<»gf Wo*>gv Prepare yourself for an incredible lunchtime buffet featuring 100 delightful dishes including
      112 words
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  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      1953 31 TODAY'S TV RECOMMOCDED VIEWING Prwniw 12 f M I I 7 7.00 News Night. £30 PM TV Innovations. IMI L/ JJJ Pal*-*. U1 1991 road movie Of two 5.00 ThtTwhy Why Family PH Taking Point. DIOOQ women —Susan (Lastep). 8 VI J-™ viewpoint The Specialist, 7 TOpM, Davis who wind
      1,953 words
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      15 32 The Straits Times Ciassified/Tanglin Mall Tanglin Mall, every third Saturday of the month, spm 11pm
      15 words
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      Page 32 Advertisements Column 2
      51 32 LION CITY HOTEI. 1 THE SENSIBLE HlNtl Comfort Convenience Affordable L 1 WOMOTION Occvponqr) ■SQs42l Ski Superior Room M%n(i Dov vse rot* 12pei-7p» Mgbt *m rale 7p» 3— 3nmswaktoNKJS*bn 15mmstkmtoQtanfkrpot1 lOmmsdrm to CtO, JradeCtnm, Smite Qfy oni Orchard Koai GaafavMt/bafefe -,'nu 744 0111 15, Tonjong Kofong Rood, Singapore *****0 (ompb
      51 words
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      181 34 CfiMC DfiWll re «w Mew fgf wfifinanDS raancu toreninc mine Tet>DY ieac picnic! From 30 March '99, Singapore Finance will be at Woodlands Blk 306 Woodlands St 31 #01 -43 to serve you. Come visit our new Woodlands Branch and take home a cuddly friend. They are so adorable you'll
      181 words
  • EXECUTIVE MONEY
    • PERSONAL FINANCE
      • Article, Illustration
        Lock icon Insurance against wedding day blues
        744 34  -  Two insurance companies here are offering a wedding policy to cover for things that may go wrong on that special day. sob txamg keno reports SOH TIANG KENG YOU'VE been waiting for this special day, planning for it for months, so that it will be
        FILE PHOTO  -  744 words
      • Article, Illustration
        Let's have a campaign to promote bond-buying
        811 34  -  THE FINER POINT S'poreans need to be educated on the benefits of holding bonds By Wong Wei Kong SINGAPORE is campaign country. From the perennial Courtesy Campaign to the one which persuaded Singaporeans (not very successfully) to be punctual, there has been a
        811 words
      • Article
        Limiting forex losses with MTA
        929 34  -  By, John Liau The writer is CEO of OUB Bullion Futures Ltd. This piece is meant for information only and does not constitute an invitation to invest LAST week, we explained the ways in which a foreign exchange margin trading account (MTA) offers more flexibility
        929 words
    • UNIT TRUSTS
      • Article, Illustration
        Lock icon Hi-tech, high returns
        760 35  -  Fund managers tell rahxtaeuas how they define and pick stocks that make up their high-yielding global technology funds RAHITA ELIAS THE high-tech world of electronics, telecommunications, biomedicine and the like promises investors a brave new world of strong returns in the medium to long term. So far
        SIEW YAW HOONG  -  760 words
      • Article
        Prospectus: boring but essential
        758 35  -  Some points for an investor to look ont for in a unit trust prospectus By'. Ben Fok The writer is a funds specialist manager at Fraser Securities FOR most people, investing in a unit trust isn't, and shouldn't be, a hasty affair. To get consistent and
        758 words
      • Article
        THE UNIT TRUST SCORE BOARD
        275 35 UWT TRUST/SECTOR (6 MONTHS: 31AUG96-18MAR89) CHANGE RANK Tempteton IF Korean/ Korea EQ 87.96 1 OCBC Savers Korea/ Korea EQ 80.57 2 Aberdeen Singapore Growth/ Singapore EQ 75.04 3 Aberdeen Singapore/ Singapore EQ 68.95 4_ Schroder Singapore Trust/ Singapore EQ* 62.5 5 WWW rVrVvnVWfS Sing UT
        275 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Stock analyses at your fingertips
        655 36  -  Investamatic has unveiled a new Internet software which provides financial information on regional shares traded, tohban"»■» reports TOH HAN SHIH YOU'VE heard of online trading sites; by now a handful of securities firms offer the service along with analyses of stocks and even financial planning
        SIEW YAW HOONG  -  655 words
      • Article, Illustration
        Lock icon Road to recovery—factors in Brazil's favour
        1237 36  - Road to recovery —factors in Brazil's favour Key differences between Asia and Brazilian crises bode well for pickup of Latin America By] Kevin Grice The writer is senior economist, American Express Global Economics Department, London. ON the surface, this year's Brazilian currency crisis is similar to the 1997-1998 Asian crisis.
        FILE PHOTO  -  1,237 words
      • BULL'S Eye
        • Article
          Lindeteves-Jacoberg
          75 36 (Bay) Fraser Securities, March 23, $1.40 LJ reported a 28 per cent growth in FY98 net profit in line with estimates. We're optimistic of continued strong growth and expect the group to report 24-27 per cent growth in net profit in FY99 and FY2000 respectively. Conservatively, using a fair
          75 words
        • Article
          Singapore Airlines
          132 36 (Bay) SLA Local ($7.95); (Hold) SIA Foreign ($12.50), Fraser Securities, March 23 It was reported in the Australian Financial Review that SIA is poised to buy the 50 per cent stake in Ansett Holdings currently held by Rupert Murdoch's News Corp, possibly for up to A$500 million (S$551.6
          132 words
        • Article
          Venture Munugacturing
          85 36 ♦(Buy) Kim Eng Securities, March 22, $7.25 Results were slightly above expectations. EBIT margin expanded to 8.6 per cent from 5.8 per cent previously. This led to much faster growth at the bottom line of 32 per cent Aggressive expansion plans on the cards. Capital expenditure will be
          85 words
        • Article
          Wing Tai Holdings
          98 36 (Hold) Kim Eng Securities, March 22, $1.18 Interim results were in line with expectations. Provision of $122.5 million was in line with our assumption of $200 million for the full year. No provision has been made for its freehold landbank, for which Wing Tai seems to have
          98 words
        • Article
          Eagle Brand Holdings
          123 36 (Bay) Fraser Securities, March 22, US$0,195 EBH reported a 67 per cent rise in net profit, despite a smaller 16 per cent growth in turnover. The strong performance was due primarily to improved margins for all its products. We expect EBH to maintain margins close to their
          123 words
        • Article
          United Industrial Corp
          122 36 (Hold) Kim Eng Securities, March 19, $0,885 Results came in above forecasts, as the investment and trading division performed better than expected. One of the two conditions for the sale of Salim group's Singapore arm KMP's 23 per cent stake in UIC to Hongkong's HKR has been
          122 words
      • Article, Illustration
        Lock icon Korea is funds' favourite: survey
        500 37  -  In poll of 206 financial professionals, S'pore emerges third most attractive in terms of investment potential. QUMIiVUiVIi CDA finds out GENEVIEVE CUA THE majority of European fund managers and financial analysts still believe it's better to wait before picking up Asian stocks, as share prices
        PILE PHOTO  -  500 words
      • Article, Illustration
        Lock icon South Korea winning back world investors
        855 37  -  Seoul counters catch Salomon Smith Barney's eye for earnings momentum Reports by Louis Beckerling [SINGAPORE] South Korea is battling its way back into the hearts and minds of the world's investors. The results of that campaign are already on parade in the march of
        Source: Bloomberg  -  855 words
      • Article
        Lukewarm trade in Seoul shares here
        208 37 A QUICK canvass of several securities houses operating in Singapore suggests retail clients may have some difficulty persuading a broker to execute small trades on the South Korean market In the words of one broker, a commission of around 0.5 per cent on a
        208 words
    • Article
      ACU DEPOSIT RATES Offered by carious hanks (as at Mar 24,1999)
      1227 37 Deport wwunt 1-«mh 3-mth 8-m»i Deport imount 1-nrth 3-nKh g-n*h DBS Bank H SBC W A$ S:JS12 IZ ME! 25 000 ***** 3 6875 3 6875 ***** AZ5.000 *49,999 4 2100 4 2100 4 1900 74,000 149 999 3
      1,227 words
    • RESIDENTIAL PROPERTY
      • Article
        Decoding HDB flat types
        719 38  -  Housing agents explain to david boet the cryptic abbreviations used in sales ads DAVID BOEY PIRST-time buyers of resale Housing and Development Board flats are usually baffled by the various short forms used to distinguish different classes of flats, but they are quick to learn what
        719 words
      • Article
        House Hunt
        650 38 Selected HDB transactions from Feb 1 to Feb 26. W POSTAL CONTRACT BUN.T-M PWCE PSf LOCATION OISTWCT DAT? (SOFT) (SJ'OOO) <S$) *8gg Bedok Reservoir Road *****4 24-Feb-99 1130 260 230 BishanSt24 *****5 11-Feb-99 1130 290 257 Bt Batok St 21 *****1 10-Feb-99 1130 252 223 Choa Chu Kang
        650 words
      • Article, Illustration
        Lock icon Waterfront living
        1180 39  -  Tanjong Rhu goes from shipyards to yuppie haven, says coshine kbbk CORINNE KERK TEN years ago, no one would have imagined the skyline that now graces the banks of Tanjong Rhu. Instead of a jagged and narrow strip of land occupied by shipyards, warehouses and a flour mill,
        ARTHUR LEE  -  1,180 words
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      Page 35 Advertisements Column 1
      267 35 p Invest in a Citibank Foreign Currency Time Deposit and you could be dining or staying at any Ritz-Carlton hotel* in Asia Pacific on us. The more you invest, the more dining vouchers or nights' stays you can look forward to. And while you're away having the time of your
      267 words
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      Page 36 Advertisements Column 1
      50 36 Who is behind an Audemars Piguet watch I'M v A As* 4P Ademars Pl(il ET /< imtilrr >1c i'hnrltHfcric <lcpni•> IH/'t svZfl *i| 1 1 < >:«i| I ISM i. I' l tij'i'ltt ti'i a,'iii *t,iml,ii,! liiilll 11 it i 1 ***** i till' < ,>t! I s(»(» ~tinu ii.i.
      50 words
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      Page 37 Advertisements Column 1
      130 37 CzQt O% bit EXE it, tt CO u£d (j uou. Introducing Si nee re's now Privilege Purchase standard bartered nvdit card and vou can Programme. V's, it s now easier tor vou to In- enjo\ paving bv instalments at o'. interest amongst tin pri\ ileged rate. At sincere l ine
      130 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      112 38 y/^ D r R R f 17 PEBBLE BAY Your last chance to buy t i/ Singapore s most exclusive b Hi fMost units are already tenanted, which provide Immediate Investment returns. 3, 4-bedroom and penthouse units with quality flnishes and Aaj^S well-designed layouts. «*V |j^A^^2 1- a y» Few
      112 words
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      Page 38 Advertisements Column 2
      49 38 PRIME FACTORY SPACE FOR LEASE Centrally located within Ang Mo Kio Industrial Estate Floor Area Approx. 10,(XX) 20,0 CX) 50,000 sq ft Suitable For Clean Light Industries Monthly Rental: 550.90 psf Available Now Sole Marketing Agent CB Richard Ellis (Pte) Ltd Industrial Department Tel: 224 8181 Fax: 532 0157
      49 words
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      Page 39 Advertisements Column 1
      154 39 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 Exchange, next to Raffles Place Transportation hub Connected to
      154 words
    • Advertisement
      Page 39 Advertisements Column 2
      392 39 I call lainCrichton BuTuTl I Tel: 735 5800 Hphonc: 9791 7444 Email: icrk*to«i#capitallet.co.uk I Capital Solutions A Letting Management Service with all the right answers for Singapore Investors. I Q: What's Capital's fee for Letting Management? I A: Capital's fee Is 12.5% (most agents charge 15-16%). Our 12.5% covers (a)
      392 words
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      Page 40 Advertisements Column 1
      340 40 Finance Korea is EU funds' favourite EM II ■i| Saying Ido m with a f m safety net Insurance policies are available to protect or compensate w couples against mishaps that may occur on the big J> and expensive day. m f nil stoiy EMB m- "WmJr Whnt you got
      340 words
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      Page 40 Advertisements Column 2
      10 40 I Property Tanjong Rhu: shipyards to yuppie haven EM 13
      10 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      305 41 Bridge News Reuters PANAMAX rates were generally easier in the east with the odd exception of a charterer conceding a higher rate for a March loader. Late trade saw a little more interest for South American Panamaxes. Capes ize trading remained slow with rate direction uncertain. Support was
      Bridge News; Reuters  -  305 words
    • Article
      MARITIME STOCKS
      292 41 mr» U vol CWT attribution O.SS 0.02 32 ChuenHup 0.63 0.02 139 Coaco lnve*tment—0.S2 0.03 14 FrttaM Unlit 0.18 0.01 8923 OB Holding* 0.39 0.01 21 HO Sun Hup 0.49 0.01 277 IMC Holdlng*-HK —5.60 unch 0 Jay* Holding* 0.73 0.11 3193 Jurona Shipyard 6.75 OM 73 KeppolCorp
      292 words
    • Article, Illustration
      Lock icon 2 megaships cannot call at S'pore Cruise Centre
      610 41  -  QE2, P&O's Oriana cannot berth at centre dne to height restrictions posed by Sentosa cable cars By\ Marcus Hand [SINGAPORE] Two of the largest international cruise ships that call at Singapore are still not able to berth at the Singapore Cruise Centre
      FILE PHOTO  -  610 words
    • Article
      Fishing vessel owner found to have breached duty of care to employee
      720 41  -  ADMIRALTY CASEBOOK By\ Selva Kumar THE owner of a fishing vessel, who did not provide a single chamber inflatable lifejacket to his seaman, has been found to have breached his general duty of care to ensure the safety
      720 words
    • Article
      Fewer HK-owned ships, but tonnage has risen
      231 41  -  From David Taylor in Hongkong [HONGKONG] The number of vessels owned by Hongkong shipowners has decreased over the last year. However, total tonnage has increased. Fleet statistics for the Hongkong Shipowners Association (HKSOA) at Dec 1 last year, released recently, show some interesting
      231 words
    • Article
      Japanese shipmanager sets up office in S'pore
      201 41  -  By] Marcus Hand [SINGAPORE] Japanese shipmanager Vanguard Enterprises has set up an office in Singapore to facilitate the company's expansion into the region. Vanguard Shipmanagement started operations last month and is Vanguard Enterprises' third overseas venture. "One should be here (in Singapore) if
      201 words
    • Article
      Lock icon Royal Caribbean sued over missing woman on cruise
      273 41 Reuters [MIAMI] The family of a Virginia woman who vanished from a cruise ship during a Caribbean vacation a year ago sued the cruise line for negligence, alleging that she was abducted and forcibly held on board the ship. The lawsuit, filed
      Reuters  -  273 words
    • Article, Illustration
      Lock icon Mapping out a rescue plan
      1123 42 MALAYSIA AIRLINES Analysts say MAS could merge with MISC and Kontena Nasional to become an integrated transportation group Bernama [KUALA LUMPUR] Malaysia Airlines (MAS), yet to unveil its m u c h awaited debt restructuring exercise, can map out a plan which, while solving its
      Bernama; FILE PHOTO  -  1,123 words
    • Article
      SHIPPING SCHEDULES INDEX
      330 42 PAGC Frt Links M AHL 3 CUnk tt Accord 8 Gemartrans 8 Ahrenkiel M Genshpg 14 AASCO 4 Glory N av 14 Appenship 5 M'iSurtHup 2 Austral 8 Han 9'' J Avant 14 3 B'tang Mas 8 Heung-A 4 BSA 7 Hoegh '3 BTL t4 HubLine 14
      330 words
    • Article
      SHIPPING GUIDE
      19279 49 THEBUSINESSTIMES EXPORT FT A FT A w *4 k EIA ETA Advarttsar V«s»l Voyaga Talapftona ETA ETA Advartlsar Vni« Voyaga THapftona SIN Dast'n Nama Nama Numbar Numbar SIN Oaitn Nam* Nam* Nunttar Numbar t« imnuuuBhMM To BUENOS AIRES (BUE) 2060 Argentina J® ABIDJAN (ABJ) 2003 Cot* D Ivolre
      19,279 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        829 55 Voy No Barth Arrival Departure SSi?f WW "jW «ongs*e 25 01/2300 y*" 5 JM rinptde 2503/2000 s ,ll w JO? alongside 2( 03/2)00 W99 JIT alongside 28 03/1200 033 Jtt alongside 25 0V0700 2 ft 3 0»W JO) alongside 26 03/2159 J 0*0399 JO) alongside 24.03/0100 J WW*
        829 words
      • Article
        CONTAINER SCHEDULES
        1650 55 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Bootlng/teUnco Rstls Ship Voy No Etb/Btr Period From To From *c» my 015* 28/1500 M 25/1500 25/1659 25/1900 25/1500 25/W59 25/1900 2* 25/1700 26/0*59 26/0900 21 25/1700 26*659 26/0900 1 26/0700 26/1159 26/1400 4 26/1200 26/1459 26/1700 MttM COM 21/0400
        1,650 words
      • Article
        GLOBAL HOLIDAYS
        213 55 Mar 28 Brunei: Hari Ray a Haji. Indonesia: Hari Raya Haji. Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. MirM Taiwan: Youth Day. Apr 1 Denmark: Maundy Thursday. Mexico: Maundy Thursday (optional). Apr 2 Mexico: Good Friday (optional). Germany: Good Friday. Finland: Good Friday. Denmark: Good Friday. Australia:
        213 words
      • Article
        COCKETT BUNKER MARKET REPORT
        750 55 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
        750 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        501 55 «0 MM 996.1 3.4 18.6 0.09 59 0.07 t»Mltr w«ttf ItiKw Art A)—it win* Sodhwwt No itm £25 2 I M 0 0 0 «N/t 380 Aw 904.9 0.3 13.2 0.06 35 0.02 «S **> Mm 994.2 U 18.9 0.11 250 0.06 «/wi %w %m/m »m*
        501 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon B737 rudder to blame in US Airways crash in 1994
        629 56 Same failure the most likely cause of a 1991 crash and a serious incident in 1996 c safety board Reuters [SPRINGFIELD, Virginia] Rudder malfunction, not pilot error, was the most likely cause of the 1994 crash of a US Airways
        Reuters; FILE PHOTO  -  629 words
      • Article
        Lock icon Beijing to crack down on airfare abuses
        243 56 AFP [SHANGHAI] China will launch a nationwide review of air ticket pricing on April 1 to restore "market order" after vicious fare wars caused unprecedented losses at the country's airlines, the official Xinhua news agency reported on Wednesday. The State Development Planning Commission
        AFP  -  243 words
      • Article, Illustration
        Lock icon European airlines suspend flights to Belgrade
        76 56 [SEOUL] Passengers at Frankfurt airport kill time while nearly all European flights were postponed or delayed for hours at Frankfurt airport on Wednesday, when Nato airplanes launched their first air strike against Serbia. Many European airlines have suspended flights to Belgrade because of the
        AFP  -  76 words
      • Article
        Lock icon US offers to work with EU to overturn ban on hush kits
        346 56 Bloomberg [BRUSSELS] The US has proposed to work with the European Union on tougher standards for aircraft noise pollution in a last-minute effort to overturn a proposed ban on "hush kit" engine mufflers from April 1. US Transportation
        Bloomberg  -  346 words
      • Article
        Lock icon Vang to renegotiate US$2.7b Boeing order
        446 56 Bloomberg [SAO PAULO] Viacao Aerea Rio-Grandense SA, Brazil's biggest airline, said it is in talks with Boeing Co to restructure terms for US$2.7 billion (554.6 billion) in orders, as Varig tries to slash costs amid slumping sales and mounting debt. Varig also said it
        Bloomberg  -  446 words
      • Article, Illustration
        Lock icon Superjumbo jet a bad investment: Boeing chief
        377 56 AFP [SYDNEY] Boeing, the world's biggest aircraft manufacturer, has ruled out competing with Airbus in the double decker jumbo jet market, with company chairman Phil Condit saying it was a bad investment. "Our analysis says it is a limited market and that investing
        AFP  -  377 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1749 56 OTT FU6HT CTA FU6HT FTP N24S86 *50 5026 2355 mm• *1*230 1920 $***** *50 LH787 2359 LH6381 1920 «<W 2359 $0230 1920 ****** 2359 Aastartaa ***** 0600 KL844 0105 ***** 1TB ***** OOP 6A973 1005 N***** 2320 IllllrtllUt ***** 1995 C2354 0910 KU37 1535 5032# 2320
        1,749 words
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      23 41 Malaysia Airlines mapping out a rescue plan MAS may merge with MISC and Kontena Nasional to become an integrated transportation group. Page 2
      23 words
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      Page 41 Advertisements Column 2
      63 41 8737 rudder to blame in US Air crash in 1994 Same failure the most likely cause of a 1991 crash and a serious incident in 1996: safety board. Back Page HAHJtN SMVMN6 Office Relocation Notice With effect from sth April 1999 our office will be relocated at: 72 Anson Road
      63 words
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      1112 42 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I sax-suPtßBHumimpfim-DiBteTTOL» i rni wttrcoowofcwtwium—caimaimmctamivicb VBSa TOT EUSM (ASM IM M NOD OK NT WKDOIY ffl» TOT pSTj H.BUITm *CU¥TU SAW IQTOOO CMBMTO H CMJBU OUBMVWTM*I Wl* anal SrittSTnS oonu JT7u u7m S7S S7S ii/m m/m io7oo gwauiiranns oiM|a/oi| m/m
      1,112 words
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      Page 42 Advertisements Column 2
      762 42 Lines services representee r®o®-) of the Registry of V-JljjPw Accredited Shipping Agents Singapore Shipping Association Members of me NORTH WEST EXPRESS LINE ACCEPTING CONTAINERS, BREAKBUIK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "TBN" ETA SIN 30/03/99 BOOKINGS CALL MOMOk/M IM TEL 323 4374 IS^s 5a ;sH I HARUN 01 ON
      762 words
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      1126 43 TO EUROPE FROM EUROPE rasa VOT SMIIIUHMIWVWUnTIW VKSB VOY RTM ANO HAM WV SOU FXT L£H SIN HYBUW JI7W 29/03 IS/04 17/04 70/04 14/04 Iff ROOM 31M 04/03 04/03 09/03 03/03 27/03 Iff COMMOOOtI 3I«W 01/04 24/04 21/04 22/04 19/04 MOSd 5251 00/03 10/03 13/03 14/03 31/03 RHNU 526W 02/04
      1,126 words
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      Page 43 Advertisements Column 2
      1960 43 ®HANJIN SHIPPING lik Pi 4 ifcEWr<L*> -Uk mono HANRN SHIPPING <S» HI ITB I* //mm te* um MOKIM 12*0235 237 SAUS *****24 231 00CUKN1 *****71 274 MMROK *****50 251 MAJN UW *****55 MX 222W «fO 11""*99* TO NW USA CANADA "USA CANADA* mvsi/vov mm sm SShau/vot S nw mm pox
      1,960 words
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      Page 43 Advertisements Column 3
      466 43 PUILY COHTAINBIIIIP PBPICATIP IBEVICiI rasa w_ _sm_ re tot a «6 m usu re KMTC PROVIDES UTCreAN TO4S 24/03 07/04 04/ M OA/M 07/ M ■OjgjM 22S 71/03 30/03 7711 31/03 04/ M M/M M/M W/M AD DDEAVDIH Bf uikuuah «/w w/04 11/04 i3/M m/m ntuULAn tIntAIVDULVV PIKKBIUW6 TOSS 04/
      466 words
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      1547 44 DSR-SENATOR LINES TO UK/CONTINENT TO MEDfItLKRANEAN/CANADA *«a VOT m LEH HTM AMR HAM IHV FIX «Bft VOT Cff iff FOl VIC MTU NAMMOAUAN WQIIS 2* 03 17 54 11 M ISM 11M 11 M LONDON SEMTOR MUNIS 25 U 11 04 13 04 ISM 17 04 ISM CHOYANG ATLAS WN9IS
      1,547 words
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      Page 44 Advertisements Column 2
      910 44 mjkm MAC-NELS S PORE M'SIA Carter MN CONTR LIMES. INC I -I\-/ J cm Nd IKM7SOOOOI SOU: (084) *****0 MANILA H3M *****24 PENANQ: (04) *****38 BANGKOK: (862) *****87 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKT (21) *****07 MDN: (61) *****3 KUCHING (082) *****1-3 CALCUTTA MADRAS MV "HEIMAR J" V.012N
      910 words
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      Page 44 Advertisements Column 3
      532 44 LINE r MUARA 1 LABUAN vcsa vor etd eta vissa vor ire n* SPORI MUAAA SPOOE UN CAAAKAJN332 VOM/W S*d WW CAAAKAJN332 V0«/99 MU SdM jntosrat votf/n a/os si/03 jnosrai vok/w a/03 oi/ot CAIAKA JN332 VO7I/99 31/03 03/04 CAIAKA *337 VO7I/W 31/03 04/04 JPROSPB VO7I/N 07/04 10/04 J PtOSPCI VO7I/W
      532 words
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      1363 45 VgBBgL VOY SIN PKO PEN PQB DUB DAM SHJ BA BIK WL1339 29/03 07/04 08/04 08/04 11/04 13/04 PJLI34O 05/04 14/04 18/04 18/04 18/04 20/04 IRANVAHDAT PJLI329 12/04 21/04 22/04 23/04 28/04 27/04 IRAN BAAKERi PJLI34I 19/04 28/04 29/04 30/04 02/08 04/08 [IRAN SHAHRIAR PJLI344 28/04 08/08 08/08 07/08 09/08
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      Page 45 Advertisements Column 2
      2185 45 Ivrop# M«la Mi I Iwfjf MoiMjiy mm! Satwr I SINGAPORE'S GENERAL AGfHTS: 6 SHENTON WAY TEL: 226 1900 FAX: *****08 OUTWARD (B/l) ta ™42osBo^^OHOßfOFFl?^ COSTAR SHIPPING PTE LTD lIZ-OSDISKLOG SAIES/BKGS *****57/60 INWARD DEPT (D/OJ *****85 COSTAR AGENCIES (M) SDN BND lirSl T/SHPMT DIPT *****25 TEL 02*7-35 MIM 02-07-35M170 VSI/VOY r»
      2,185 words
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      1300 46 EURoP£AJ^CANQlHAVUWN^MD^USBl^^^^^^^^^^^^^^^^^^^ I C n S6P I "OM ANW HBG TMP ZEE LHV LHV THP ROM ANW HBO PKL I SGP E. DELUXE RW-007 21/93 14/04 20/04 10AM 18AM 19/04 20AM E RACER RE-028 04/03 00/03 05/03 07/03 00/03 01AM 02/04 E DELIGHT RW-007 03AM 23AM 20AM 24/04 20AM 27AM 20AM
      1,300 words
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      Page 46 Advertisements Column 2
      737 46 |§§§©fW_ PACIFIC INTERNATIONAL UNES (PTE) LTD I SSaßSam MMM 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 I Imm _VOT mpw SYD aa. iua MM TUATAI2 ijj jjTi 12*75 1 S/4- 5/4- TT7i I Mikwmk mm \f/\ W/j ~m —n i L u/l 1 I tUWM
      737 words
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      Page 46 Advertisements Column 3
      462 46 r?a> NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA Vtssa vor SIW i rui I DUK 1 JW» 1 CPT Ito NAWAIVBIUS V.033S 04/04 12/04 14/04 It/04 20/04 23/04 GOUXM DtAGON VQIIS 15/04 24/04 21/04 31/04 02/05 mUIQUEBt VO34S 26/04 04/05 01/05 11/05 12/05 14/05 mrcUMAGOK ¥.0135 05/05 14/05
      462 words
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      451 47 M MYANMA pBBk FIVE STAR LINE (Myanmor Notional lioo) Loading for Yaogon (Rangoon) VISStt VOY SW PKL PEN PGU MIRGUI VISI SLD CHIN SHWI HAW V22W SU> MALAYSIA AGENTS: OOUSTUD SHIPPWC AGENCIES KUI: Ttt (03) 241/300 PKL m (03) 374*101 rot ra (04)*****02 PGU: Ttt (07) *****21/4 BANK LINE (A
      451 words
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      Page 47 Advertisements Column 2
      1298 47 HMNEHYUNDAI MERCHANT MARINE CO., LTD. ivtssa VOY SW SOU 1» I tin ANT HAW WV Ftt [VBSB. VOYI SOU I tfll I RTM I ANT 1 HAW I ORV I FE ISM NOLRHS 00SW 26/03 16/04 17/04 11/t>4 13/04 HYFEDEKAL 316 C 03/03 10/03 06/03 01/03 27/03 HYDUKE 317W 21/03
      1,298 words
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      Page 47 Advertisements Column 3
      1074 47 t ix*>«egion speooiued oiAxarmrs Wilhelmsen Unes TO NORTH AND LATIN AMERICA "RORO HEAYYUFT SERVICE" IVfSSfL VOY RAMP HEIGHT I <IW LAI Ctl MU SAV I BAL ORf I KTC NEW MO6 I TAIKO F9OI 400TMS 6.3 M "0«704" 09/05 WO5 2W *****~"2570T2670T 28/05 WoT 03/06 TOURCOING F909 400 TMS 6.3
      1,074 words
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      698 48 BANGKOK/MAP TA WfUT/mM CHABANOI JAKARTA/PAN JANQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT TPJN MATHU BHUM 4Q6N 27/03 31/03 30/03 AKA BHUM 338S 27/03 31/03 XETHA BHUM" 276N 28/03 31/03 01/04 ANRO JAYAKARTA' 060 27/03 30/03 CHANA BHUM" 83N 29/03 02/04 ACX JADE* 47S 29/03 01/04 DANU
      698 words
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      Page 48 Advertisements Column 2
      34 48 LNS EXPRESS (S) PTE LTD Blk 217 Henderson Road, #01-04 Henderson Industrial Park, Singapore *****5. CR NO: **********0/H Air-Sea International Freight Forwarders MUfIBA Also accepting Heavy Lift Project Cargo Tel: 65-276 7996 Fax:6s-276 3740
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      Page 48 Advertisements Column 3
      538 48 INDONESIA NATIONAL LINE TO AUSTRALIA I RJLL CONTMNBW SERVICE va Ivor I m sw'l m stp Ma mm ul m MNOn lIS li/U 77/ M 04/44 W/04 H/44 IS/04 14/44 WBHM l« H/04 03/44 14/04 H/0« 14/44 H/04 MSUMI lIS 14/0410/04 11/04 13/04 M/ 04 W/04 41/45 fOOWBSMWIIW IS/04 17/04
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      Page 48 Advertisements Column 4
      731 48 MLA LEH RTM HAM ~ZEE "~9QT VILLE 06 SHANGHAI HXM XVO3 31 AO OBAM 14/04 2CVO4 21/04 23/04 2MM 26/04 ~ZTW~ 2MH 30Q4 -Qj^SSS 22/04 W (O>o6 04A» 08V06 07/06 IwF VXE DE TANYA T3IW 21/04 I(vqs 11AK 12 A» 14A16 1M» _^^^^^^^I^ii^JL^!!^!!^ BCAWC^^ tAAR H u co «WHAQEK,OOTHeWBUWQ)AWOOTHEHEUBOI<AWWU>WOPO«T» S,
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      45 49 (Retrieve more schedules!) I sJ^Press-r CT JC\ Select the port and key in the four digit code eg: To New York (NYC) 2275 st£) Key in your fax number I your phone number Ar«Mm taxwrtv. swke offered by —JTh. The document will be Shipping Times
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      146 51 r n FREE Reader Enquiry Service cut out and Fax to 65-*****29 ■nmimmnnnM 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
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      139 52 (FOREST PRODUCTS SERVKE) FROM: U.K./ CONTINENT/ MIOOLE EAST TO: FAR EAST EW9P^y VI<;E VESSEI/VOY SIH LAM CHAIAMC MANILA HONGKONG KEELUNC GUARDIANAMGEL SAILED SAILED SAILED WVOYW4 07/04 09/04 13/04 IS/04 IOAMNGFOt: DON VOYOI6 IS/04 17/04 22/04 sm/nusHWG/ufTWHF/awu«Y/wwro«T ux p /w MAUYSU- HSH(M)SONIM> TAWAU- WEIGHT SVG PORT KBANG AGM: SUNSNP AGBKES SON
      139 words
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      Page 52 Advertisements Column 2
      186 52 ii'in«;o^^^MTTTTTTTTWTITTTTTTTrTTTTTrW7TWTyj^^W SHIPPING LINE .ill fIV 11 L ■iVI fill _I I J I [nil! I LIBYA BENGHAZI TRIPOLI vnsamuK vot.no woww swgatom duoai frdct nuu dmi laoum twwu" WW 1333 M.W.W MO3W 11.03 W H HESA»I HQ3.W OtOS.W 0705.W mom '337 0503 W 1503.W 25.03W HUGHEHI 3103W 13.05. W 13.05.
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      Page 52 Advertisements Column 3
      167 52 ESP LINES WHKIY ICI AMD Fa SliVKl -PWiVKWT F*l UST BBSS OfITTACONG, lIWfltM IBHCTOt. HONS ION 6 MINK IHTTTTfftrtM NHMT.COUMMO JAKACTA, MAMU AJfTWHf, FBJXSTOWI (AIQITTA NOCW—KHMWWW6 REGULAR CONTAIWRtSED INDONESIAN SOVKI I ygsa/voTAg stow jkt sw wk aw rouui/m nm mm m/w 3i/u WMAI?AIOmH MAP 77 AO S.OMAP 3IAB «mi i
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      1175 53 SAMUDERA SHIPPING LINE LTD ■JM 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 ■MBH TEL *****88 FAX: *****26 (OUTWARD) *****63-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LIME: 535 6266 C»ll»/Jastlca/Mei Chan/Jeslynn/Dora/Hanim EQS3QHZS3ISSH 7 slgs/week 2 slg/week (VESSEL TVOY POiN [~JAK I VESSEL
      1,175 words
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      Page 53 Advertisements Column 2
      1026 53 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO 1 p«o I sin I mt I stM I mw I poo I cmo I oom I hai I im I oof 1 sav I kw I tam I hou~~| HQtQH MMttVA /MSO 04/04 11/04 14/03 21/03 13/04 17/04 2s/Q4 20/04 24/0$
      1,026 words
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      Page 53 Advertisements Column 3
      561 53 rrrg Siagopore Soviet Shipping CPI dNtIOOSOMOOOON Multiline Shipping PL W33J Qlh **********0 C VESSEL VOY SIN BOM PNG PKL PERAK 12N 04/04 11/04 23/04 24/04 KOTA RUKUN RKNO33 08/04 15/04 27/04 26/04 KOTA RATU RTUO4I 14/04 21AM 03/05 04/06 [VESSEL VOY SM CALCUTTA SIN MREGINA RGAOB7 30-31/03 05/04 17/04 SEA
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      571 54 I VESSEL VOY TIGER ISLAND 695N 26- 02 04/04 09-10/04 I TIGER PEARL 696N 30-30/03 06-06/04 13-1104 I TIGER SEA 697N 02-03Y04 09-11/04 16-17/04 I TIGER BAY 698N 06-0604 13-15/04 20-2004 I TIGER ISLAND 699N 09-1004 16-18/04 23-24AJ4 I TIGER PEARL 700N 13-13WJ4 20-22/04 27-27/04 I I^ESSE^^^^VO^^SI^^CA^^SI^I DAFA 906 26-27/03
      571 words
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      Page 54 Advertisements Column 2
      1021 54 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ASHDOD CEBU LAEM CHABANG SAN ANTONIO ALEXANDRIA COLON, PANAMA MALTA SANTOS BUENOS AIRES ISTANBUL MEXICO CITY SHANGHAI CALLAO/ PERU IZMIR NEW DELHI XINGANG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong
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      Page 54 Advertisements Column 3
      661 54 OOCL (Singapore) Pte Ltd CFS Keppel Disfrpk M^ 79 AmwßmJ #21-04 (5)*****6 Mk 513 #01-12S »..t.-«.... fl «NO **********0H T«t 272 7127 \4 W: *****13 F«x 221 3942 f«: 272 712 St Modrv I #lr Orient Overseas Container line ""9""7 (Malaysia) Sdn Bhd (Rag Nk *****?-u) <df I PfTAUNG JAYA
      661 words
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      Page 54 Advertisements Column 4
      180 54 FULL CONTAINER SERVICE SIN ratlin QUDANQ SIN DAILY SAILINGS [VESSEL I VOY ETA PC CWV HOY IETASW C*Y I www m_ MP222 OOZP 26/03/99 (FW) OOMN 27/P3/99 [Wl PROGRESS 9961S 27/03/ M (SAT) 9961N 28/03/99 (SUN) NocrtiS -8968" oSSST iS*$M WENT MP222 OQ29S 29/03/99 (HON) 0029H 30/03/99 (TUE) WMWBt »/M/W~
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  • Page 55 Miscellaneous
    • Miscellaneous
      Page 55 Miscellaneous Column 1
      104 55 LEGEND: R Thunderstorm Temperature *q X\ V Shower Weather W«d direct,on with speed m knots ee Rom Cloudy Sky Wove height Surfece Winds are indicated by arrows which fly with the wind fc> On. HM crt. o, On. hoM tl.ch. 5 kno» l "«•"»> 50 knot, Wove m umt, of
      104 words
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      118 56 BRAND NEW PONTOON FOR IMMEDIATE SALE 24 NOS OF PONTOON HATCH COVER Dimension of each 10.48 x 2.28 meters Total Weight: 139.3 Tons Available for immediate inspection in Batam, Indonesia Best Offers are Invited. For further inquiries please contact I wan or Bahar Ph. 62-21-798 3401 05 Fax. 62-21-798 3416/17
      118 words