The Business Times, 30 March 1999
1999-03-30
1
32
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The Business Times
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Title Section12 1999-03-30 1 THE BUSINESS TIMES MITOwn2/98 85* SINGAPORE Internet: http://business-times.asial.com.sg/ TUESDAY, MARCH 30, 199912 words
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Article46 1999-03-30 1 STOCK HAIKETIHDICES Monday Change KLSECOMP doaed NIKKEI 1M«84 -All HANG SENG 1W»47 -114J4 SET INDEX NU2 -M9 JAKARTA OOMP —MM -0.W MANILA COMP -1181 TAIPEI WPI 4901.68—-lHi7 SEOUL COMP 601.87 -S.75 cm china b taaco—♦».» AUSTALLORO 2J74 -216 ISaooa EST Chaage DOW IJ71J1 +167.0746 words
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Article75 1999-03-30 1 F08EX BATES USS St USt 1711 £(USS/SSper£) 1.626 1811 EL'RO(TJS$/SI per E) 1.086 1.878 DM L9M MM YEN 118L8 1418* RM im 0.4M HKI 7.749 Ota BAHT I7J» 0.046 BJPIAH VM MM* •SStoMwtta ran bases SINGAPORE* KUALA LUMPUR 11.60 JAKAKDL .28.80 BANGKOK 14.76 MANILA nn HONGKONG 10 36 TAIPEI75 words
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630 1999-03-30 1 Ang Wan May - Issue expected in a few weeks, given buoyant sentiment for property stocks By. Ang Wan May [SINGAPORE] Malaysian tycoon Robert Kuok is finally listing his Singapore property arm All green Properties after two aborted attempts due to adverse market conditions. The medium-sized630 words
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71 1999-03-30 1 Reuters [NEW YORK] US stocks were higher on buoyant corporate and merger news yesterday with the benchmark indicator moving up towards the 10,000 milestone. At midday EST, the Dow Jones Industrial Average was up 157.07 points at 9,979.31. IBM led the blueReuters - 71 words
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467 1999-03-30 1 Shoeb Kagda - From\ Shoeb Kagda in Jakarta THE US$B billion (5513.8 billion) natural gas agreement between Singapore and Indonesia is in danger of being scuttled by political infighting in Jakarta. Or at least the agreement for Singapore to buy natural gas from Indonesian could be delayed467 words
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Article, Illustration535 1999-03-30 1 Marissa Chew - Six perm sees among 48 Admin officers promoted ByJ Marissa Chew (SINGAPORE] Singapore's top investment promoter, Philip Yeo, is leaving the Administrative Service to become executive chairman of the Economic Development Board from next month. After being seconded from the Admin Service535 words
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553 1999-03-30 1 It will take np all unsubscribed shares in a rights issue Bridge News [BANGKOK] DBS Bank of Singapore is seeking to raise its holdings in Thai Danu Bank pic (TDB) to up to 80 per cent from the currentBridge News - 553 words
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Page 1 Advertisements
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Advertisement153 1999-03-30 1 DHBPB Iks Prapoty fthmin Listed property companies have made a few billion dollars worth of provisions. Are there more to come? asks Lee Han Shih, Pg4 Sin* Uni pnfit lp 3-3% HK developer Sino Land beats analysts' forecast with a 3.3% rise in interim profits. Said chairman Robert Ng: "We153 words
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Advertisement33 1999-03-30 1 COMPANIES MARKETS Today's Companies section is included in the main paper See Pages 13-17 Tug Towage Don't miss our two-page focus on the liberalisation of the tug market in the Shipping Times today.33 words
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Advertisement29 1999-03-30 1 Civil service needs to be more open to face challenges: BG Lee, Pg 2 Somebody's going to love you for joining Asia Miles. v* 'i' m I \r~ -a;,29 words
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Advertisement7 1999-03-30 1 DBS eyes more Asian acquisitions, Pg 137 words
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SINGAPORE AT HOME & ABROAD
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Article, Illustration496 1999-03-30 2 Marissa Chew - Policy-makers have to tap knowledge of front-line workers in decision-making By. Marissa Chew DEPUTY Prime Minister Lee Hsien Loong yesterday called for a more open approach to governance and administration in the face of changes in society andST/WONG KWAI CHOW - 496 words
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383 1999-03-30 2 Teh Hooi Ling - By' Teh Hooi Ling THE Chunlan Group, one of China's top conglomerates, plans to invest a "few hundred million US dollars" overseas, including in Singapore, in the next two years. In Singapore, the group is exploring the possibilities of real estate investments, further cooperation383 words
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Article, Illustration335 1999-03-30 2 Anna Teo - EYE ON THE ECOMOMY Deflation By. Anna Teo ARE deflationary pressures abating already? With oil prices at fivemonth highs and hints of a general commodity price rally, import prices may be recovering, says Barclays Capital. The Singapore government is thus likely to reassess its policy ofSource: Dept of Statistics - 335 words
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430 1999-03-30 2 Tan Bien Chuan Singapore - MAILBAG Tan Bien Chuan Singapore I WOULD like to relate an experience which reflects the enormous hurdles the government will face in encouraging entrepreneurship in Singapore. I am a senior executive of a local venture capital firm. My firm led a consortium of Singapore investors430 words
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Article167 1999-03-30 2 Joyce Fong (Mrs - Joyce Fong (Mrs) for Chief Corporate Development Officer Housing Development Board IN his letter "Please clarify Hillview redevelopment plans" (BT, March 24, 1999), Christopher Yap enquired about the redevelopment plans for the HDB estate in Hillview Avenue. Hillview Estate, comprising HDB flats as well as167 words
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Page 2 Advertisements
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Advertisement358 1999-03-30 2 CSI SOUTHERN ILLINOIS UNIVERSITY Carbondale, Illinois, USA American MBA Internationally Accredited by AACSB *18 months 11 modules 495 contact hours Fully Accredited by NCACS 100% taught by University's professors 2nd Intake in Singapore Starting May '99 100% in Singapore Management Education Centre tfflnSffin one of Amenca s 10 Anson Road358 words
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Advertisement340 1999-03-30 2 I INVITATION Inviting buyers, buying agents, purchasing managers from department stores, supermarkets, hotels, restaurants, galleries, retail stores, antique stores, boutiques, wholesalers and importers exporters to visit our Indonesian Products exhibition and display at HAII 3A, WORLD TRADE CENTRE on Tuesday 30, Wednesday 31 March, Thursday 1 April, from 10am till340 words
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ASIA'S ECONOMIC SLUMP
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Article, Illustration416 1999-03-30 3 Indonesian banks will offer to ftwhangfl liabilities AFP, Reuters [FRANKFURT] A committee of 13 international banks has agreed to extend payment of the external debt of Indonesian banks originally scheduled to mature up until Dec 31, 2001, Deutsche Bank said yesterday. UnderAFP,; Reuters; AFP - 416 words
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217 1999-03-30 3 Bloomberg [BANGKOK] Thailand will today unveil a stimulus package that the government hopes will boost the sagging economy within six months by encouraging consumer spending and helping to create jobs. The government plans to pump at least 53 billion baht (552.4 billion) more intoBloomberg - 217 words
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Page 3 Advertisements
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Advertisement203 1999-03-30 3 mm r KyuaR.^« R&D is the distinguishing factor that I anisations into the forefront of global 1 Achievement Award 1999 is the first I lier award that accords recognition, I itinction to outstanding, locally-based I panies which embrace creative R&D I ?chnology, to improve their business I s and make203 words
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FOCUS: PROPERTY
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271 1999-03-30 4 Bridge News [HONGKONG] Property prices should fall 10 per cent from current levels to sharpen competition in the Hongkong economy, said William Purves, ex-chairman of HSBC Holdings pic and long-term veteran of HSBC's local unit, the Hongkong and Shanghai Banking Corp. He added thatBridge News - 271 words
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Article, Illustration673 1999-03-30 4 Lee Han Shih - THE PROPERTY COLUMN That's the billion dollar question, and investors need some answers By Lee Han Shih A BILLION here, a billion there, and before you know it, listed property companies have made a few billion dollars worth of provisions. Are there more to come? This673 words
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221 1999-03-30 4 Reuters [MANILA] Continuing sluggishness in the Philippine property sector will reflect badly on local banks' asset quality, although it will hurt less than in Thailand, Malaysia and Indonesia, Standard Poor's said yesterday. "Deteriorating rapidly in 1998 were the office and luxury residential sectors, whichReuters - 221 words
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Page 4 Advertisements
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Advertisement202 1999-03-30 4 Oil. „M. M&gnßH^K^'fidra*'- > A t* KB IH KJk i 18£2H Mfl im < /WimSß Ji JhPbSM I |i> la® gaH wk ftkffi HHHH 'MP Bfl .y 1 H **m mm^m H i' m&? You get so much more in First and Business Class to Melbourne. For a lot less!202 words
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Advertisement186 1999-03-30 4 For Sale By Tender R id ,i l 19 Yarwood Avenue Large bungalow site suitabie for redevelopment Land area: 38,065 sf IH |HL approx. Corner plot double frontage Existing single storey """BBS bungalow with swimming pool 999 year leasehold wef 26/3/1885 Tender closing dais: 30 April 1999 Friday at 4186 words
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Advertisement183 1999-03-30 5 4 different frequent flyer options Up to 5,000 Bonus Miles Guaranteed worldwide acceptance Citibank Visa/MasterCard is the preferred way to start flying for 5,000 MILES AHEAD free, because it offers a fabulous rewards program that gives you Want to get closer to those free flights? Apply now! You'll get access183 words
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SOUTH-EAST ASIA
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Article, Illustration702 1999-03-30 6 Ronnie Lim - This despite group's preoccupations elsewhere during Asem meeting From, Ronnie Lim m Berlin THE crisis in Kosovo saw three EU ministers from France, Italy and Greece excusing themselves from the second Asia-EU (Asem) foreign ministers meeting which began hereREUTERS - 702 words
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324 1999-03-30 6 JAKARTA AFP THE Indonesian Supreme Court has ruled against an electoral commission ban on ministers and senior government officials taking part in the campaign for the country's key June 7 national election. A Supreme Court document sent to the home minister saidAFP - 324 words
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122 1999-03-30 6 JAKARTA AFP INDONESIAN police have arrested 55 people suspected of involvement in ethnic strife in West Kalimantan province which has left around 200 dead, a report said yesterday. West Kalimantan police chief Col Chaerul Rasyidi said Sunday that 55 people suspected of takingAFP - 122 words
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Article, Illustration459 1999-03-30 6 Harish Mehta - Tluu deputy PlTs chances now hinge on support from France From, Harish Mehta in Bangkok THE US is actively supporting former New Zealand prime minister Mike Moore's bid to become the new chief of the World Trade Organisation, a US459 words
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296 1999-03-30 6 BANGKOK She fears she won't be allowed back into Myanman party V-P Reuters OPPOSITION leader Aung San Suu Kyi will not go to England for the funeral of her late husband Michael Aris despite a government offer to allow the trip, aReuters - 296 words
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Page 6 Advertisements
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Advertisement1220 1999-03-30 6 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 M THE MATTER OF THE COMPANES ACT, CAP 50 AND M THE MATTER OF THE DOORS' ENTERTAINMENT PTE LTD (M MEMBERS'VOLUNTARY UQUDATION) At an Extraordnary General Meeting of the abovenamed Company duly convened and held at 137 Market Street1,220 words
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Advertisement544 1999-03-30 6 Clinton ooold lose points over Nato Divide, Pg 10 EURASIA MEDICAL AND DENTAL HI TECH LABORATORIES PTE LTD (in Creditor!' Voluntary Windtng-Up) FINAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the Companies Act (Cap. 30) that the Final Meeting of the Creditors and Members of the544 words
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Advertisement194 1999-03-30 6 IN THE MATTER Of THE COMPANIES ACT. CAP 50 AND IN THE MATTER Of POND A SON PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE Of RNAL MEETING NOTICE IS HEREBY GIVEN pursuant to Secoon 308(1) of the Companies Act. Cap. 50 that the final Meeting of Members of the Company194 words
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FOCUS
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Article, Illustration1318 1999-03-30 7 Anthony Rowley - Policy errors made in 1997 have been remedied, with 100 trillion yen being spent to support economy, and the logic of recovery appears inescapable By Anthony Rowley [TOKYO] JAPAN'S economy is recovering and there seems a grudging acceptance of the situation in the international community.FILE PHOTO - 1,318 words
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Advertisement7 1999-03-30 7 Japan's output, sales fall unexpectedly, Pg 97 words
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Advertisement703 1999-03-30 7 lUJ.HTJI Insurance I Keppel Insurance Pte Ltd I Notice I (Pursuant to Section 50(1 )(b) of the Insurance Act Chapter 142) H Notice is hereby given that pursuant to a scheme agreement (the "Agreement") dated 25 February 1999 entered I into between Tat Lee Insurance Limited ("TLI"), a company incorporated703 words
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Advertisement17 1999-03-30 7 •Tung Centre Parade •A-Z Building For details, please contact owner: Tel: 437 6853 437 6872 534 313217 words
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CHINA-HONGKONG-TAIWAN
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Article, Illustration677 1999-03-30 8 BEIJING Discussions expected to be wrapped up this week ahead of Sin's US visit AFP SINO-US talks on China's long-standing bid to enter the World Trade Organisation reached the final stages yesterday as US Trade Representative Charlene Barshefsky arrived here to try and clinchAFP - 677 words
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397 1999-03-30 8 BEIJING AFP CHINA yesterday promised a slew of measures aimed at improving the environment for foreign investors and boosting flagging capital inflows. "China will face a serious challenge in the utilisation of inflowing investment in the future," assistant minister of theAFP - 397 words
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342 1999-03-30 8 COLLAPSE or omc Officials deny assets of failed group have been sold AFP [SHANGHAI] The working group appointed to handle the bankruptcy of Guangdong International Trust and Investment Corp (Gitic) has called meetings with creditors on April 20-22, the Guangzhou Daily reported yesterday. QuotingAFP - 342 words
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312 1999-03-30 8 HONGKONG Average firm spends USs2.4m on travel, entertainment AFP HONGKONG companies are lagging their competitors elsewhere in Asia in controlling expenses, American Express International said in a report received here yesterday. Travel and entertainment (T&E) expenses added up to the secondAFP - 312 words
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Page 8 Advertisements
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Advertisement75 1999-03-30 8 I y&k 2* fif channels 1 T~ 5 way electronic X— seat adjustment v 4 k Study these impressive figures and you'll see that it's worth investing in out new Business Class on your next tup. Our exdiMw Hiram < u- imkmis mn vu i-o i unnos. smiup oi a75 words
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ASIA
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529 1999-03-30 9 TOKYO Hopes for nptnrn jarred; data shows output slide near a floor, says Miti Reuters JAPAN'S hopes of an economic turnaround were dogged yesterday by data showing an unexpected fall in industrial output and more weakness in retail sales. Industrial production fell 0.6 per centReuters - 529 words
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Article, Illustration291 1999-03-30 9 SYDNEY Reuters HUMAN trials of Australian HIV vaccines could begin within months and eventually include thousands of people in South-east Asia, researchers said yesterday. Trials of the vaccines, which have already protected monkeys against HIV when exposed to the virus, areReuters; AFP - 291 words
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384 1999-03-30 9 LUCKNOW, India Death toll expected to rise; panic strikes several cities AFP A POWERFUL earthquake measuring 6.8 on the Richter scale hit northern India early yesterday, killing more than 60 people and sparking widespread panic in several cities including New Delhi.AFP - 384 words
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301 1999-03-30 9 NEW DELHI Govt still seen as controlling industry despite moves to open np market Reuters INDIA'S new telecommunications policy opens up fresh opportunities for private investors in what could be a growth sector, but it also raises questions about regulation, analysts said on Sunday.Reuters - 301 words
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189 1999-03-30 9 TOKYO Bridge News FINANCE Minister Kiichi Miyazawa yesterday proposed securitisation, likely in the form of debt-for-equity swaps, of some corporate debt as a part of a plan to promote economic growth through elimination of excess plant and equipment, a Ministry of International Trade andBridge News - 189 words
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Page 9 Advertisements
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Advertisement73 1999-03-30 9 fc 2^.*,.. X V its*"' sr »Mil lii i.» 65.7 cm IV> m next (iin. Our ox< lusive Di e.im; rin- ;iuious run video i funnels. Or mi up toi .Hi esh menu speu.illy (i e.ued hy i enow neil Austr.ilun ll comfort I ic-b.ick to rn|oy iMJ 10 .h«73 words
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REGION/WORLD
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Article, Illustration529 1999-03-30 10 THE KOSOVO CRISIS IMF deal for loans to ease Russia's own economic crisis has been agreed Reuters, AFP [MOSCOW] Russian President Boris Yeltsin yesterday ordered Prime Minister Yevgeny Primakov to fly for urgent talks with Yugoslav President Slobodan Milosevic to seek a political end toReuters, AFP; REUTERS - 529 words
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Article, Illustration616 1999-03-30 10 Leon Hadar - If Yugoslav attack fails, support for the US president drops From. Leon Hadar rn Washington AS US-led Nato forces widen their attacks on Yugoslavia and the Allied operation enters into its sixth day, there are signs of growing political debate inAFP - 616 words
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220 1999-03-30 10 Reuters [LONDON] Oil prices clawed back further ground yesterday, with rapid momentum in the key US petroleum market helping to firm sentiment dampened by oversupply. Benchmark Brent crude oil was trading 15 US cents higher at U5514.56 per barrel, building on healthy gainsReuters - 220 words
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301 1999-03-30 10 BUTTERWORTH, Malaysia National Justice Party to be launched on April 4, aide says AFP THE wife of ousted deputy premier Anwar Ibrahim will launch a new opposition party to continue the struggle for reform, an aide said yesterday. "The new party, PartiAFP - 301 words
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236 1999-03-30 10 THE MICROSOFT CASE Reuters [SEATTLE] State attorneys general preparing for antitrust settlement talks with Microsoft Corp will ask the software giant to give up control of the Windows operating system, possibly through an auction, The Seattle Times said on Sunday. The paper saidReuters - 236 words
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Page 10 Advertisements
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Advertisement10 1999-03-30 10 Utoday ianha Jnnhan asms® ib urn. OM£3t "I£ST ■mm «mmg»10 words
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Advertisement164 1999-03-30 10 I Demand a Y2K Certificate I I for your I Accounting Software! I Banks have started demanding that their clients certify their systems are Year 2000 compliant. Stock Exchanges are doing the same. MNCs have announced that they will YEAR 2000 READY not do any business with companies which do164 words
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Advertisement91 1999-03-30 10 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For91 words
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EDITORIAL & OPINION
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Article, Illustration861 1999-03-30 11 David Mason - THE BOTTOM LDIE OPINION By David Mason The writer was a partner in an international accountingfirm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT DISCLOSURE of information is the most861 words
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Article101 1999-03-30 11 The existing model of an exchange doesn't work. The structure is just too goddamned slow and cumbersome.' Richard Syroo chairman of the American Stock Exchange. US stock markets, which have operated as not-for-profit membership organisations for two centuries, are talking about selling shares to the public as101 words
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Article705 1999-03-30 11 EDITORIAL ALMOST two years after the historic handover in 1997, the Tung Cheehwa administration is finally getting into stride. This may seem a long time to get going but the truth of the matter is that until now, his major preoccupations have been to ensure that705 words
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Article, Illustration1303 1999-03-30 11 James Glaasman - They are baying shares of good businesses for the long term and riding oat the bad periods By, James Glaasman Washington Post WITH the Dow Jones Industrials on the brink of 10,000, you might think this would be a period of celebrationWashington Post; FILE PHOTO - 1,303 words
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Article, Illustration952 1999-03-30 11 The right tunc to do THE atrocious behaviour of the ruling Serbs to their Albanian citizens must rightly be condemned. That was the easy part. The question Nato and other governments faced last week was, should they approve military action against Mr Milosevic's Yugoslavia over it?952 words
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EXECUTIVE LIFESTYLE
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Article, Illustration465 1999-03-30 12 GOLF Victory comes just hours after his father Bob claims the Senior Tour title Reuters [PONTE VEDRA, Florida) David Duval completed an unprecedented golf double on Sunday when he won the US$5 million (SsB.7 million) Players Championship by two strokes just hours after his father BobReuters; REUTERS - 465 words
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Page 12 Advertisements
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Advertisement466 1999-03-30 12 Where to wine, dine and entertain...^ BBSBBBSSLBBBBB Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet j delights. *22 (Adult) *15 (Child) for 4to 5 tenons I *20 (Adult) *15 (Child) for 6 versons above 11 For reservations, please call 290 8005/299 9011.466 words
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Advertisement69 1999-03-30 12 Food Wine Festival 1-31 March 1999 We bring you the grandeur of this French region at Top of the <M' Tnp Revolving Restaurant Oiyfe Bon Appetit! Liz Revolving Reservations: 831-6258/88 Mandarin Singapore 333 Orchard Road, Singapore *****7. Tel: 737 4411 Fax: 732 2361 Advertise in Wine, Dine Entertain of The69 words
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Page 12 Miscellaneous
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Miscellaneous1056 1999-03-30 12 CRYPTIC CROSSWORD 9 Characteristics we all have to Tex could be exempt in temperance organisation having an inability to express 17 Medical worker took the 21 blame first (9) 21 Typical example of mince pie beside large bix)k (7) J 23 Red sore breaking out, screen H HI needed (7)1,056 words
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COMPANIES & MARKETS
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Article, Illustration996 1999-03-30 13 Clarissa Tan - CORPORATE EARMDfOS REVIEW Sector likely to see recovery in 1999 but banks seen posing even keener competition By < Clarissa Tan [SINGAPORE] It has been a tough year for finance companies, just as for almost every other business sector. But faced996 words
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Article, Illustration265 1999-03-30 13 Bridge News [HONGKONG] DBS Bank of Singapore wants to make more acquisitions in Asia and has a sizeable war chest with which to do so, John Olds, chief executive and vice-chairman, said in an interview with Hongkong's South China Morning Post. "In no country, apartBridge News - 265 words
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588 1999-03-30 13 Al Labita - HOCK LOCK SIEW Al Labita ONE unpleasant note about Manila's share market regulations is that listed companies wittingly and unwittingly make a mockery of them. More often than not, listed firms make public only one-line statements. This is in sharp contrast588 words
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275 1999-03-30 13 Statement follows report that he will inject assets Bloomberg [HONGKONG] Richard Li Tzar-kai abandoned plans to take over Singapore Hong Kong Properties Investment Ltd as a way of listing his Pacific Century Group's Hongkong assets, including the proposed Cyberport development, onBloomberg - 275 words
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228 1999-03-30 13 Teh Hooi Ling - By 1 Teh Hooi Ling [SINGAPORE] Control and instrumentation engineering specialist Total Automation Ltd, which is launching its initial public offering today, said its placement tranche of 16.8 million shares has been fUlly taken up. The company will offer its shares to the228 words
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REGIONAL/INTERNATIONAL COMPANIES
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Article, Illustration653 1999-03-30 14 Quak Hiang Whai - Results boosted by robust sales of devt and investment properties From Quak Hiang Whai in Hongkong SINO Land Company, which is controlled by tycoon Ng Teng Fong, yesterday reported a net profit of HK$l.O5 billion (***** million) for the six months653 words
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427 1999-03-30 14 Reuters [LONDON] British drug group Giaxo Wellcome is firmly back on the prowl. And Bristol-Myers Squibb Co of the US, Switzerland's Roche Holding and Britain's SmithKline Beecham were all rumoured to be in its sights after a string of reportsReuters - 427 words
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Article, Illustration316 1999-03-30 14 Rating agency warns of possibly bumpy ride with Renault AFP, Reuters [TOKYO] US ratings agency Moody's Investors Service confirmed yesterday its junk bond rating for Japan's Nissan Motor Co but warned that its tie-up with France's Renault SA could be difficult. Moody's held Nissan'sAFP,; Reuters; REUTERS - 316 words
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210 1999-03-30 14 Reuters [TOKYO] A potentially fierce bidding war for diminutive Japanese telephone company International Digital Corp (IDC) looked set to heat up yesterday after Japan's dominant carrier Nippon Telegraph and Telephone Corp (NTT) was said by an industry source to have made a counter-offerReuters - 210 words
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429 1999-03-30 14 Bloomberg [SEOUL] Daewoo Group, South Korea's third-largest industrial group, said it will merge four of its affiliates to focus more closely on its major businesses. The merger plan, filed yesterday with the Financial Supervisory Commission, the government's financial watchdog agency, will merge DaewooBloomberg - 429 words
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496 1999-03-30 14 Decline more than forecast, mainly due to property slump Bloomberg [HONGKONG] New World Development Co, Hongkong's fourth largest real estate developer, said its net profit in the six months to December fell a larger-than-expected 71 per cent to HKJ633.4 million (Ssl42 million).Bloomberg - 496 words
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491 1999-03-30 14 Move would create second-largest oil company Reuters, Bloomberg [LONDON] Oil giant BP Amoco pic, itching to grow even bigger just weeks after it was born out of an Anglo-Ameri-can fusion, said yesterday it is in talks to buy AtlanticReuters,; Bloomberg - 491 words
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COMPANY Briefs
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87 1999-03-30 14 AFP [THE HAGUE] Dutch telephone operator KPN Telecom denied yesterday that it paid bribes of at least 2S million guilders (5521.3 million) in order to gain entry to the Indonesian telecommunications market The rebuttal followed accusations broadcast on Sunday night by the news magazineAFP - 87 words
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Article65 1999-03-30 14 Li Fang's profit up 21% Reuters [HONGKONG] Li Fung Ltd said yesterday it made an attributable profit of HKI455 million (SS101.8 million) fin* the 12 months to December 1996, up 21 per cent against 1907. Turnover in 1996 was HKf14L3 billion compared with HKS13.3 billion in 1997. The consumer productsReuters - 65 words
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72 1999-03-30 14 Reuters [MANILA] Hongkong's First Pacific Co Ltd and its Philippine flagship Metro Pacific Corp denied rumours yesterday that it was buying shares in local television and radio firm ABS-CBN Broadcasting Corp. Shares of ABS-CBN soared 10 per cent or 235 pesos, to 24.75 yesterdayReuters - 72 words
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83 1999-03-30 14 AFP [SEOUL] South Korea's Hyundai Motor Co Ltd yesterday said it had paid 1.178 trillion won (511.7 billion) for its 51 per cent stake in Kia Motors Corp, completing its takeover of the bankrupt car maker. "Legally the whole deal is completed with this payment,"AFP - 83 words
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80 1999-03-30 14 AFP [MILAN] The Agnelli family which founded Fiat, the biggest Italian industrial group, expects to reduce its holding in the business from 30 per cent to 7 per cent during the next 10 years, the Repubblica newspaper reported yesterday. Hie family would probablyAFP - 80 words
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57 1999-03-30 14 AFP [SYDNEY] The world's moat famous luxury department store, Harrods, Is coming to Australia via cyberspace. Harrods International said yesterday that Australians would be able to shop at the store without leaving home. Sydney-baaed electronic retailer TV Shopping Network has signed a contract with HarrodsAFP - 57 words
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72 1999-03-30 14 AFP [PARIS] Luxury goods group LVMH has won an extra week to launch a full takeover bid for Gucci, the Italian leather and fashion house said in a statement received here yesterday. Moet Hennessy Louis Vuitton had won a seven-day delay under Dutch law,AFP - 72 words
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Article66 1999-03-30 14 Bloomberg [ARMONK, New York] International Business Machines Corp, the No 1 computer maker, will run and maintain Dayton Hudson Corp's internal network in a US$4OO million (5160.2 million) agreement, solidifying IBM's lead in computer services. IBM will watch over the mainframes and database software atBloomberg - 66 words
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FINANCE & COMMODITIES
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457 1999-03-30 15 Move to enable banks with healthy loans to hold less capital in reserve Bloomberg [VANCOUVER] The Bank for International Settlements is expected to release a proposal next month that would allow some banks with high-quality loans and strong risk-man-agement skills toBloomberg - 457 words
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278 1999-03-30 15 Reuters [SHANGHAI] China will launch two major securities mutual funds, the Taihe and Tongyi funds, this week, the official Shanghai Securities News said yesterday. The funds, each with a value of two billion yuan (Ss4l6 billion), would be offered toReuters - 278 words
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Article, Illustration419 1999-03-30 15 Two sides remain far apart on how to handle loan portfolio Reuters [SEOUL] US investment firm Newbridge Capital's proposed takeover of Korea First Bank could be in trouble, signalling growing pains in South Korea's economic restructuring process. The two sidesReuters; REUTERS - 419 words
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SMALL Change
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Article63 1999-03-30 15 Bloomberg [LONDON] The London International Financial Futures and Options Exchange, Europe's second largest derivatives market, and the London Clearing House said they are plann ing a joint venture to develop new businesses. "Both Liffe and the London Clearing House seek to capture more international business,"Bloomberg - 63 words
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84 1999-03-30 15 Reuters (SHENZHEN] US banking group Citibank said yesterday it had received approval from China's central bank to conduct business in yuan at its Shenzhen branch. A source said the Bank of Tokyo-Mitsubishi had won similar approval for its Shenzhen branch. "We received approval lastReuters - 84 words
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Article59 1999-03-30 15 Bloomberg (CANBERRA] The Australian government will introduce legislation into the federal Parliament tomorrow to set up a new, grower-owned body charged with selling the world's largest wool reserve. Wool International will resume sales from its one million bale national wool stockpile in July, after itBloomberg - 59 words
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59 1999-03-30 15 AFP [TOKYO] US ratings agency Moody's Investors Service said yesterday it may raise its subordinated debt rating for the failed Long-Term Credit Bank of Japan Ltd. Moody's rates LTCB's subordinated debt at the lowest quality "Caal". The bank was nationalised last October under newAFP - 59 words
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Article160 1999-03-30 15 AFX-Asia London THE US dollar was mixed against the major currencies in narrow ranges in late afternoon trade yesterday, as it failed to derive any upward momentum from the gains on Wall Street, dealers said. Jane Foley at Barclays Capital said that following the dollar's sharp moves againstAFX-Asia - 160 words
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319 1999-03-30 15 Teh Hooi Ling - New contract will complement Euroyen Tibor from Thursday By' Teh Hooi Ling [SINGAPORE] The Chicago Mercantile Exchange (CME) will begin trading its Euroyen futures contract based on the London Interbank Offered Rate (Libor) on April 1. The new Euroyen Libor contract will319 words
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Article, Illustration358 1999-03-30 15 Bloomberg [NEW YORK] US credit card companies are expected to report improved first-quarter profit as consumers, encouraged by a booming economy, bought more using plastic and kept current on debts. American Express, the world's largest charge and credit card issuerBloomberg; REUTERS - 358 words
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Article, Illustration706 1999-03-30 16 AFP Q Composite fade -OM INDONESIAN share prices closed barely lower yesterday with late buying in select big caps trimming early losses, dealers said. An institutional dealer at a Singapore brokerage said the market was generally quiet due to a lack of developments and an absence of foreign participation.AFP - 706 words
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Article, Illustration904 1999-03-30 16 AFP CI SET Index -159 THAI shares closed one per cent lower yesterday as investors waited to see the details of an economic stimulus package due to be released this week, dealers said. Dealers said the package, due for release today, would include tax cuts and spending funded byAFP - 904 words
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Article300 1999-03-30 16 AFP Qlbmla -IXBI PHILIPPINE shares closed 0.6 per cent down yesterday with many investors on the sidelines, analysts said. The Philippine Stock Exchange Composite Index finished 12.81 points lower at 2,009.26. Turnover rose to 2.9 billion shares worth 2.5 billion pesos from Friday's two billion shares worth 992.43 millionAFP - 300 words
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Article406 1999-03-30 16 AFP n Composite Indei -8.72 SOUTH Korean share prices closed 1.4 per cent lower yesterday on continued foreign sell-offs, with a weaker yen prompting programme selling amid declining futures, dealers said. The Composite Index closed the day 8.72 points lower at 601.07, off a low of 596.73. Volume stoodAFP - 406 words
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Article643 1999-03-30 16 AFP Q All Ordinaries -22£ AUSTRALIAN share prices closed down 0.8 per cent yesterday with weak resource stocks weighing on the market following strong gains last week, dealers said. The Australian Stock Exchange's benchmark All Ordinaries Index sank 22.6 points to 2,974. The All Resources Index ended 16.8 pointsAFP - 643 words
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Article271 1999-03-30 16 AFP □WeDiogtan -6J6 NEW Zealand's share market fell 0.3 per cent yesterday with a number of stocks going ex-dividend. The NZSE-40 Capital Index finished down 5.68 points at 2,117.48 on turnover of NZ$62 million. Telecom Corp contributed most to the weakness, falling 13 cents to NZ$B.BB. —AFP i mmAFP - 271 words
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Article1132 1999-03-30 16 SICOM PPTPraB Mar 26 ISSKWWCT5 Og (SS5 fcJjE *.5 vtm* m ®t £5 V ttUS «J5 R5 W S SSEl »|j »3 £5! S» &75 6175 «J5 WO Bm «5» 67J0 67JO m» jg» moo fmXMimGUtatUmmamM* < SB2—ate. fin* «teL 5H&2 S&5 1*22 mm n TO W: IE mm taw1,132 words
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Article, Illustration1346 1999-03-30 17 AFP C 3 Hang Seng -114.84 HONGKONG share prices fell 1.1 per cent yesterday on a lack of fresh incentives ahead of the expiry of the March futures contract, dealers said. "There is no buying interest due to futures expiration. It is quiet with no new incentives," said SeanAFP - 1,346 words
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Article2188 1999-03-30 17 LONDON MastrMs Har29 *h 3i Croup 6.29 0.15 A B Foods 4.51 O.T7 A B Ports 2.88 unch Allied Domecq 4.60 -0.06 ANied Zurich 7.84 -0.03 Anqto American GoW 23.10 0.10 ASDA Croup 1.53 unch Ban* of Scotland 8.31 a03 Barclays 17.08 0.08 Bass 8.70 -an BG2,188 words
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Article, Illustration502 1999-03-30 17 Reuters Shenzhen B Index *L 53 SHENZHEN'S hard currency B shares closed up solidly yesterday, pulled higher by a sharp rise in the Shanghai B share market, analysts said. The Shenzhen B Share Index gained 1.53 points, or 3.07 per cent, to 51.49 on turnover of HK111.28 million againstReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 502 words
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Article336 1999-03-30 17 AFP QwPlnfax -13L57 TAIWAN share prices tumbled 1.9 per cent yesterday as mainstream technology stocks fell and buyers were sidelined by a lack of fresh incentives, analysts said. The benchmark Taiwan Stock Exchange Weighted Price Index fell 131.57 points to 6,901.68. "Investors were sidelined amid an absence of freshAFP - 336 words
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Article1586 1999-03-30 17 Bloomberg, AFP QNikka 225 -BJS JAPANESE stocks were mixed yesterday. Nomura Securities Co led a retreat by brokerages after it said it will spend several billion dollars to bail out a financial affiliate. Fuji Photo Film Co and Bridgestone Corp rose after the US dollar jumped on Friday, promisingBloomberg,; AFP - 1,586 words
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Page 13 Advertisements
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Advertisement37 1999-03-30 13 B V LG A R I The new leather Two-handle hand bag in fine black calfskin with gold coated turn-lock. From SS 1,000. Available in Singapore at Bvlgari, Hilton Hotel 737 1652 Takashitnaya Department Store 735 668937 words
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Page 15 Advertisements
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Advertisement344 1999-03-30 15 COUDERT BROTHERS International Attorneys Coudert Brothers, founded In New York City in 1853, Is a leading international law firm with 26 offices worldwide. Corporate and Financial Lawyers "i V-' innjif ■>-' *j* vinuwunt j- ,*<_ Due to strong business growth in our regional practice, our Singapore office, established in 1972,344 words
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Advertisement350 1999-03-30 15 VT WW Tft Cf To ndvertise C.iM toll tree 1800 n V 1 Ivliij Fa. Nit 741 1218 I M THE MATTER OF THE COMPAMES ACT. CAR 50 AND M THE MATTER OF MELTTTA MARKETMG (SINGAPORE] PTE LTD (In Members' Voluntary UquldMton) NOTICE OF FMAL MEETING NOTICE IS HEREBY GIVEN350 words
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Advertisement334 1999-03-30 15 M THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF LEE HUP HUAT TRANSPORT PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that pursuant to Section 306 ol Companies Act Cap. 50 final general meeting of fie members of the abovenamed company w* be334 words
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Page 16 Advertisements
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Advertisement16 1999-03-30 16 Call 1800-*****66 to place a quick-acting ad MT A O Buy It Sell It Find It.16 words
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Page 17 Advertisements
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Advertisement21 1999-03-30 17 Classified First. Want to get a laptop? Log on to the best site: CATS. 1 Boy It. Sjl It. Find it.21 words
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Advertisement514 1999-03-30 17 |NOTjCE^~~~~ aoi UraTYU SM WKLURS CLDB m I3D ■ana or kxztwg of cuditois NOTICE IS HEXEBX GIVEN that a meeting of the creditor! of the abovenuted company wfll be held at Ballroom 2. Level 3. Amara Hotel 165 Tinjong Pagar Road. Singapore *****7 on the 6th day of April 1999514 words
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Page 18 Advertisements
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Advertisement89 1999-03-30 18 NCS AND BUSINESS PARTNERS CONGRATULATE OVERSEAS UNION BANK ON THE LAUNCH OF OUB INTERNET BANKING. We're proud to provide OUB customers with a new channel of banking convenience via the Internet. You can manage your finances directly from your desktop, at home or in the office, 24 hours a day,89 words
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SHIPPING TIMES
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Article326 1999-03-30 19 Bridge News, Reuters THE week ended very quietly on Friday with rates weaker in nearly all sectors of the market. The outlook for the Panamaxes especially looks gloomy. TAMKERSc The Caribbean market appeared to the only area showing signs of promise week with rates holding firm at worldscaleBridge News,; Reuters - 326 words
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Article271 1999-03-30 19 WmM m CWT attribution 0.57 0.02 49 Cases kwaalmont—031 -0.01 3 FrptaM LMu OJ8 unch 1664 MHoMnQ* 040 0.01 10 Hal Sun OAS -031 145 IMC HoMnQt-MK—5.60 unch 0 Jay t Hotdlnga 0.72 -0.01 1244 Jurong Shipyart —6.90 0.15 396 Kapp*ICorp_ 4.60 0-22 MM KappolFELS 3.08 -0.02 44S271 words
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Article, Illustration554 1999-03-30 19 Marcus Hand - Bat analysts expect group to return to the black this year after $27m loss last year By Marcus Hand [SINGAPORE] Osprey Maritime sees a mixed outlook in 1999 for the three major shipping sectors it operates in, following its announcement on Friday that it sankFILE PHOTO - 554 words
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Article, Illustration289 1999-03-30 19 [SINGAPORE] PSA Corp's first European project and investment, Voltri Terminal Europa (VTE) in Genoa, Italy, clocked up 10 per cent growth in container volumes last year. In 1998, VTE handled 604,000 TEUs (20-ft equivalent units), a growth of more than 10 per cent289 words
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473 1999-03-30 19 Bernama [KUCHINGI The Bintulu International Container Terminal (BICT) at Bintulu Port, the only fully equipped container terminal in the BIMPEaga region, is scheduled to be operational by June this year. BIMP-Eaga stands for Brunei, Indonesia, Malaysia, Philippines and the East AseanBernama - 473 words
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129 1999-03-30 19 Bridge News [TOKYO] Mitsui OSK Lines Ltd has concluded a contract with AMPCO Marketing, a US methanol sales company, to ship methanol produced in Guinea by parent company AMPCO, to the US Gulf area and Europe. According to a Nikkei report, two newly-built ships areBridge News - 129 words
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Article, Illustration954 1999-03-30 20 Karen Thomas - OMAN'S HEW CONTAINER PORT Maersk and Sea-Land's decision to back Salalah and turn it into a shipping hub will hurt the port's rivals By Karen Thomas Lloyd's List Global shipping giants Sea-Land and Maersk were due to unveil their new schedules for the key east-west tradesLloyd's List; FPILE PHOTO - 954 words
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Article206 1999-03-30 20 PACE ECU Line 6 ACL 6 Ea 5 •MIL 3 6 Accord 8 F «»«Sw 8 Appenship 5 6 L k Austral 8 Gemartrans 8 Bala* Shpg 4 7 8SA 7 H n 3 B'tanq Mas 8 4 CCNI 7 CMA 8 Intarasia J C0SC 5 Intertransport206 words
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Article12153 1999-03-30 27 THEBUSINESSTIMES EXPORT ETA ETA Advartlsar V HM I Voyaga T .*(*<>«. ETA ETA Advartlsar Vassal Voyaga SIN Dastn torn* Nm Numbar Numbar SIN Dastn Nama Nam. Numhar NumPar jHHMMMNNNMHMNNMMNMMMHMMHHHHMMMMMMNMMMMMMMK 07/04 03/05 Norsul ISE m,S 65-*****77 07 To ABIDJAN (ABJ) 2003 Cot* D'lvolra 06/04 03/05 e. genius wwii* 06/0412,153 words
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SHIPS IN PORT
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Article556 1999-03-30 29 Vessel VOY No Berth Arrival Depart ur# Bt Lestari I *****9 JO? alongside 29.03/2300 Bt Mustika *****9 J01 alongside 29.03/2300 Bt Satria li *****9 J01 alongside 29.03/2200 Gen Delgado 3/99 J16 alongside 30.03/1200 Glory Star 9905 J23 alongside 31.03/0800 Maguanhai 903X J17 alongside 31.03/0700 Marco Polo 3 01Mp3556 words
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Article1787 1999-03-30 29 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofcln«/B«e<K« Rstls hip Voy No Etb/Btr Ported From To From kef m lt/0900 U 29/1900 29/1455 29/1900 a 29/1700 30/0499 30/0900 29/1700 30/0499 30/O9OC J 10/0700 30/H59 «VM00 4 30/1200 30/M59 10/1700 m cotm mm m n/soo nnw 29/1900 U1,787 words
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Article209 1999-03-30 29 A»r 1 Denmark: Maundy Thursday. Mexico: Maundy Thursday (optional). Apr 2 Mexico: Good Friday (optional). Germany: Good Friday. Finland: Good Friday. Denmark: Good Friday. Australia: Good Friday. Canada: Good Friday. Hong Kong: Good Friday. Indonesia: Good Friday. Ireland Republic of: Good Friday. Netherlands: Good Friday (Banks only). Ney209 words
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Article760 1999-03-30 29 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranee* in US dollars instead of single price* for a more comprehensive description of the market Prices shown are baaed on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual760 words
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Article439 1999-03-30 29 Carta* 180 Mai 996.1 14 18.4 0.09 59 0.07 Mar 29 Dwaltv Water ImMm Art AtaaMaa Tiilmairt No rtov* 125 2 1 IS 0 0 0 1 TTT- 310 *M 965.1 0 J 12.9 0.06 38 0.02 tu» 380 Mo 994.2 11 18.9 0.11 250 0.06439 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration542 1999-03-30 30 Carrier denies having merger talks with Singapore Airlines Reuters [AUCKLAND] Air New Zealand was keeping its options open yesterday as to whether it would exercise its pre-emp-tive right to buy News Corp's half share in Ansett Australia. Air NZ and Ansett becameReuters; FILE PHOTO - 542 words
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Article, Illustration539 1999-03-30 30 Bloomberg [LONDON] US Transportation Secretary Rodney Slater met heads of the UK's three largest airlines in a bid to revive talks on removing flight restrictions between the two countries. An "open skies" pact is key to British Airways pic's planned allianceBloomberg - 539 words
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158 1999-03-30 30 Reuters [ROME] Turin airport authority, Sagat, said that the airport will be privatised by the end of the year now it has the go-ahead of the majority shareholder, the Municipality of Turin. German consulting firm Roland Berger is to make aReuters - 158 words
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163 1999-03-30 30 AFP INEW DELHI] Air France said it planned to increase the number of flights to India and operate daily services to Bombay and Delhi. "In India, we will develop the New Delhi and Bombay sectors, and serve both cities with dailyAFP - 163 words
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124 1999-03-30 30 AFX-Asia [MANILA] Lufthansa Airlines said it will increase the number of flights on its Shanghai-Frankfurt route from four to five at the end of this month, the official Xinhua news agency said in a dispatch from Beijing. The additional flight will be on Tuesday, addingAFX-Asia - 124 words
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Article, Illustration416 1999-03-30 30 Express carrier says it will not add new service while fees remain high Reuters [HONGKONG] Express air carrier DHL International (Hongkong) Ltd said it would not add an express cargo flight into Hongkong while airport fees remained at the current elevated level. "With the feesReuters; FILE PHOTO - 416 words
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Article384 1999-03-30 30 Reuters [CHICAGO] UAL Corp, parent of United Airlines, said designated James Goodwin, currently its president, is to succeed Gerald Greenwald as chairman and chief executive, promoting a long-time employee who has the backing of the carrier's powerful unions. Support of the unions at the largestReuters - 384 words
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Article1517 1999-03-30 30 CITY FU6HT CTA RJ6HT CT» 0f6 MB 0f5 2250 mmm arm vm otm w» AMM 8A7381 1130 8A7382 2055 1 im£ 2359 AN8229 2230 cnjgAj 7359 IH6380 2230 S0229 2230 MMta SQW1 178 S0990 QMS AattKtfMi *1.0643 0435 6A972 OOX) 6M«8AMP0C S0803 1905 C2354 WW0 £0231,517 words
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Page 19 Advertisements
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Advertisement21 1999-03-30 19 Shipping giants hold key to Omani port's success Maersk and Sea-Land's decision to back Salalah will hurt port's rivals. Page 221 words
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Advertisement497 1999-03-30 19 Air NZ keeping option to buy Ansett open Carrier denies having merger talks with Singapore Airlines. Page 12 People IMDEX ASIA 99 j— a The International Jmmm Maritime Offence Conference (Imdex V Asia 99) will take place from May at the Trade Imdex 99 is the only dedicated H defence497 words
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Page 20 Advertisements
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Advertisement821 1999-03-30 20 SUPER SHUTTLE EXPRESS j| [QULF KARACHIPCPW M>(OKX) T VKSE VOYAg IGO VtSSB VOY BA MM MM Mi IM COl PM SM mCASTOt PtO NEDUOYD MBaI 4sT~ 10/03 12/03 11/ M 14/ M 10/ M 13/03 27/03 M/oT OOd JAPAN 31WS11 17/03 04/04 OOaCMHU JOWSI2 14/03 11/04 PtO NBUOYDIAMAM IM 17/821 words
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Advertisement785 1999-03-30 20 Unesi sendees represented Members of the 1® "y Members of the Registry of f«t «m. M Singapore Freight Forwarders Accredited Shippug Agents, Association y'l'V Singapore Shipping Association SEMBAWANG KIMTRANS (S) PTE LTD 0 CONVENTIONAL SERVICES _|L r— SINGAPORE to BATAM, BINTAN, KARIMUN Y SINGAPORE to BANGKAISIAND A SINGAPORE to CILEGON785 words
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Page 21 Advertisements
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Advertisement1146 1999-03-30 21 SAX SERVKI (DIRECT) 1 Ivesa vot swm ux oak pit hou <n ax mbr wi myc APITOUMUIM 0241 24/03 fll/14 13/04 13/04 14/04 13/04 14/04 14/03 15/03 15/03 gg 0101 31/03 15/04 27/04 27/04 28/04 27/04 21/04 20/04 29/04 29/04 mam oioi 07/04 a/04 27/04 2»/04 21/04 27/04 a/04 a/041,146 words
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Advertisement2055 1999-03-30 21 (2) HANJIN SHIPPING jik PI U ilhEwlrtlw -S*i JM0230 hahhn shipping ts) ptutp tmm aw looms rwm', tv sauy rwnu ix documbii ********** owutkws n«?s4?si >m> u« men hi ttttho ano 11 s»»3oeoo*t TO NW USA CANADA USA CANADA* FMVU/VOY I Ul I Si IfC HMA/VOY SU TTW HN PM2,055 words
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Advertisement246 1999-03-30 21 KMTC provides LCI consolidation to Korea, Japan Oatports China on every WEDNESDAY, FRIDAY. For enquiry, please contact us. Tel: 220 8558 "55E55 fcfcHOOSSO Mi) ill fwdwkpfciS>frM|*fd««SMM Mrin ft* L* tac2MtlH/23MUS HrtWmm fM) OV7S47SM (tad 03-*****41 100 Ifcrf a fce **********011 p.- (U)O4-MM4M (Fu) 04-MM 144 KTT?://WWWJUITCCOJB Efcdwy CM> *****33T1 <taQ246 words
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Page 22 Advertisements
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Advertisement1380 1999-03-30 22 MR-SENATOR LINES TO UK/CONTINENT TOMEDrTERRANEANCANADA VtSKL WV mT LEH ATM AIM HAM IWV fU *MEI VOT Ml BIT Sft Fo> WX MTU HANJM OAUAN WOTS 2* 03 17 04 lIM II.M 1( M lIM IOWONIENATON WKMIS HO3 lIM 13 M IS M 17 M SM CHOYANG ATLAS WWII MO3 11M1,380 words
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Advertisement875 1999-03-30 22 m. AM MAC-NcLS S'PUHE MSI A Carrier: MM CONTR LINES, WC p. quoawq: (dt) *****28 I l\~/\ I CfRNOi UOOSTSOOOOM SOU: (064) *****8 AIAPBLA: (632)*****24 w PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKT (21) *****07 MOW: (81) *****3 KUCHWQ (082) *****1-3 CALCUTTA MADRAS875 words
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Advertisement526 1999-03-30 22 LINE SEP' A TIL: a««343« PAX: *****13 I MUARA LABUAN vcsa wt m tu vnsa vor rro eta SPOREMUAAA SPOCE LBN JPtOSPH VOtE/99 Sdrf 31/03 JPBOSPB VO4E/99 SdU 01/04 CMHMJnn VO7l/99 01/04 04/04 CAJUIAJN332 Wl/H 01/04 05/04 j ftosm von/M 07/0410/04 j poospb voti/m 07/0411/04 CABAAAJN333 VOOE/99 11/04 14/04 CAIAftA526 words
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Advertisement1210 1999-03-30 23 VTTffl VQY SIN PKO P€W PQB PUB DAM BHJ BA BIK IRAN TABATABAEI PJLI33O 29/03 07/04 08/04 00/04 11/04 13/04 IRAN TEYFOURI PJLI34O 06/04 14/04 16/04 16/04 18/04 20/04 IRAN VAHOAT PJLI329 12/04 21/04 22/04 23/04 28/04 27/04 IRAN BAAKERI PJLI34I 10/04 28/04 20/04 30/04 02/06 04/08 [IRAN BHAHRIAR PJLI3441,210 words
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Advertisement2277 1999-03-30 23 Wttkly Silllii to 1 Evrop« Main *ort» I lv#ry Monday titirdiy* J SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TIL 226 1900 FAX: *****08 OUTWARD (l/L) COSTAR SHIPPING PTE LTD W-OODBSBIDG SAIES/BKGS *****57/60 INWARD DIPT ID/0) 4205/85 COSTAR AGENCIES (M) SDN BHD CI NO: **********00 TOWEK TWO (*****9) CONVtNTIONAL *****50/55 T/SHPMT2,277 words
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Advertisement1295 1999-03-30 24 EWOPEAm/SCAHDtWAVtA/FimAND/HUSSU S6P RDM ANW HBG THP ZEE LHV LMV THP ROM ANW HBG PKL S6P I. DELIGHT RW-M7 03AM 23/04 20*4 24*4 2V04 27/94 21/04 I. RACER HE-021 14*3 06/03 IMS 07/03 00/03 01/04 12*4 i. 01 VINE RW-004 10/04 30*4 05/05 01IK OADS 04AM 06/05 E. REPUTE RE-010 11/031,295 words
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Advertisement993 1999-03-30 24 ADVANCE CONTAINER LINES (PTE) LTD IXI -I TEL *****21, FAX *****18, TELEX :RS ***** ACLPL W FO* BOOKINGS PLKASC CALL: *****22 SALES A MARKETING s *****21-21 OPERATIONS: 2212 MV *****06 CR NO. **********0E iAWOKOK 7 JAMAMKfA »(7 vwa Ivor «n kx vwt vor I w I jkt SWSAMUT (BMT) *****7993 words
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Advertisement448 1999-03-30 24 NANTAILINEJ FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vtssti vot sn put put m m ro mraivaus tans 04/ m 12/h 14/04 »/m 21/04 n/M soma oust* tons 15,1 m 24/04 «/«m 31/ m oz/ts WTCUQUffII ***** 24/04 04/05 01/05 11/05 12/05 I VPS WAITOU MASOW tO)3S 05/05 14/05 11/05448 words
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Advertisement466 1999-03-30 25 M> MYANMA \BBBk FIVE STAR UNE r (Myanmor Natioaal Liao) L004>»9 for YoNgoo (Rongooi) VISSU VOY SIN PKI PM PGU MfltGM VISI SU OM SHWI HAW V22W SU MALAYSIA AGENTS: ROUSTIAO SHIPPING AGfNOIS KM: IB (03) ***** M PKL TB (M)37M101 POt TB (M) *****02 PGU; TB (07)*****21/4 BANK LINE466 words
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Advertisement1208 1999-03-30 25 HMNE* HYUNDA^AERCHA£^MARINECO^TIX^^^|| vosa vpy lai I sou 1 talrol ant Imml my I frl jvcsa voy| sow m rtm ant h>m mv nf^ E?ka«i ooew 05/04 21/ M n/oJ oi/os m/os nolagati ohi ia/03 i;/w 11/01 14/ M m/m S44W M/ 04 21/04 01/05 21/04 21/04 NOICOtAL OOM 11/ M1,208 words
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Advertisement960 1999-03-30 25 rxxwegion mm.kt imci <***3omwi %£> (Basse VISSa VOY IRAMP HHGWT SIN LAI ttt «MA SAV SAL 0«f MYC uSo ~m~ TST "Wm "oW WoT" TT7oT Wot Wot Wot "Wot 61/ m 03/0* TOUtCOMG F909 400 Imh UM 27/04 J5/0S 03/0* 04/04 00/04 10/04 11/04 13/00 17/04 10/0* TAWOU mo 400Tmh960 words
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Advertisement594 1999-03-30 26 BANQKOK/ MAP TA PHUT/ LAKM CHABANQ J AK ART A/PA N J A NO VESSEL VOY SIN BKK MTP LCH VESSEL VOY I SIN 1 JKT PJN DAWU BHUM 38N In Pt 03AM 02/04 ANRO GOWA' 078 ~n Pt 03/04~ NANTA BHUM** 439N 31/03 03AM 04/04 KIT! BHUM 96S 31/03594 words
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Advertisement37 1999-03-30 26 tffZSk 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 MANILA I Also accepting Heavy Lift Project Cargo Tel: 65-276 7996 Fax: 65-276 374037 words
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Advertisement522 1999-03-30 26 INDONESIA NATIONAL LINE TO AUSTRALIA "*1 RJU. COOTOUNBI BCBVICE v* Iwrlm m] im wtoim n miMMu its iiMn/w m it/M ivm a/t< 4ASU6AI 118 M/*4lO/*4 14/*4 a/N tk/U W/M W/W PIOftSMW ITS 15/0417/04 »/W 3*/*4 C/M W/M AIiSTmjAH Btl«f«lSt| W |«/y 7470*101/05 l«7/0i|l«/05| 13/m|i4/*S| FEEDER SERVICE TO INDONESIA «l VOT522 words
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Advertisement849 1999-03-30 26 VESSELS VOY SN PKL I JED I MLA LBH RTM HAM ZEE SOT VKXED-OWON Y3OW O&Q4 IVQ4 2ttQ4 DM* 27/Q* 28»Q4 3tVQ4 ~W/06 V-LE DE MW4QSA V3IW 12W 13W4 22A04 27/04 Q3A» (WO6 06*06 07/06 55 VM-LEOE TANYA T3IW 2004 21/P4 2>Q4 Q4A» 10*06 11/D6 13A» ~WO6~ IMB VK-LEDE TAURUS849 words
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Advertisement53 1999-03-30 27 IdgSßg ORIENT PACIFIC 1 CONTAINER UNE LIBYA BENGHAZI (ii V. *yj Look Up Our Schedules On PG4 See Our Ad On PG 12 OCENUS SHIPPING AGENCY PTE LTD NEWSHIP AGENCIES NEW GUINEA PACIFIC LINE CHECK OUT THIS Our Schedules Are SPACE FOR On PG 5 H SWIRE SHIPPING NEW ADVERTISERS53 words
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Page 29 Miscellaneous
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Miscellaneous110 1999-03-30 29 LEGEND R Thunderstorm Temperature X\ V Shower Weather Wind dvectton with speed in knots Rom (J Cloudy Sky Wove height Surface winds ore indicated by arrows which Hy with the wind One full circle represents calm or bght and vonable winds One half Heche represents 5 knots L* ,u 10110 words
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TUG & TOWAGE services
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Article, Illustration855 1999-03-30 31 Felix Chan - The move to open up Singapore's tug market has resulted in improved services and competitive rates, reports Felix Chan Felix Chan THE last year of the millennium marks a significant milestone for tug operators: the completion of the tug service liberalisation programme, which has opened up a855 words
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Article, Illustration848 1999-03-30 32 Singapore's biggest tog operator PSA Marine tiim to compete on service, providing value for money A YEAR and a half after commencing operations, PSA Marine which took over the marine business of the then Port of Singapore Authority remains the leading towage operator in848 words
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Article, Illustration319 1999-03-30 32 THE Maritime and Port Authority of Singapore (MPA) has launched a new Marine Services System (MSS) to provide port users with an alternative tug ordering system. The MSS processes tug service orders for the five towage operators, SembCorp Logistics (formerly Sembawang Marine Logistics), Keppel Smit TowageSource: Martime and Port Authority of Singapore (MPA) - 319 words
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291 1999-03-30 32 HOMEGROWN Marina Offshore has seen its slice of the local towfge market rise following the phased tug liberalisation programme launched two years ago. Business has grown by 20-30 per cent since the first two phases of the liberalisation scheme took effect, Marina Offshore director Freddy291 words
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Page 31 Advertisements
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Advertisement92 1999-03-30 31 I MARINA PTE LTD I I AWARDED THE PUBLIC LICENCE BY I I THE MARITIME PORT AUTHORITY OF SINGAPORE I I for the provision of towage services in The Port of Singapore. I l I 3rm it *t{H H I OUR CORE BUSINESS I I BERTHING UNBERTHING AT ALL CONTAINER92 words
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Advertisement97 1999-03-30 31 MARITIME (PTE.) LIMITED i 1? i** SsjßSasis^S^£sEsssg^S^^^^sssSM^^^^^^^^^^Pßß=jjj^^3jßj;pfc]i3lL^ Singapore as owners and operators of tugs and barges. Our clientele includes major European and American marine contractors, shipping companies and oil companies. SHIP OWNERS AND OPERATORS OF TUGS, BARGES, LANDING CRAFTS Oceangoing tugs, berthing tugs 1600 4200 bhp Landing crafts 650 dwt97 words
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Page 32 Advertisements
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Advertisement174 1999-03-30 32 Marine operations have been the core business of Kim Heng since its inception and as such we have more than 30 years of commitment in providing prompt and reliable service to the marine, offshore, dredging and the oil/gas field industry. With its extensive fleet of over 35 tugs and barges174 words
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