The Business Times, 14 April 1999

Microfilm: NL21482
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    10 1 jTheBusinessTimes Mi 85c SINGAPORE Internet: http://business-times.asial.com.sg/ WEDNESDAY, APRIL 14, 1999
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  • Article
    MARKET SUMMARY
    57 1 □911 W7M6 (+18.70) PI IT-OB U ML33 (+6.98) n«n rowan M MM# (-0.80) gfumiwoit stock wlukmjbx indices Tuesday Change KLSEOOMP H4JS >***** NIKKEI 1C.7UU6 +297.7# HANOSENO U399J9 +IMJ6 SET INDEX n—J JAKARTA COUP 4J212 +IL27 MANILA COUP —2,***** +9M TAIPH WP! 7J37AI +86.4* sboul comp mat *.i« CUSA
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  • Article
    FINANCE
    74 1 FOSEX BATES IS* Sf USS L7JJ £(USS/SSper£] Utl 17» EUROfUSS/SS per E) 1.961 1 m Ml IJM MB YKN 120.4 1.431 RM UN 0.463 HKI 7.78# (US BAHT S7JS 0.046 KJPIAH M* MM* i •MmMmA PUKE SATES SINGAPORE* UBS KUALA LUMPUR 11M JAKARTA mm BANGKOK 14.71 MANILA BJ» HONG
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  • Article, Illustration
    Lock icon Rising prospect of win-win deal for Clob boosts KL shares
    757 1  -  ELSE companies' need to raise fands fuels hope of end to impasse soon From. Eddie Toh in Kuala Lumpur THE increasing prospect of a "win-win" solution to the issue of frozen Clob shares has given the Malaysian stock market a
    Source: Bloomberg  -  757 words
  • Article, Illustration
    Lock icon Fund-buying bolsters Asian bourses
    460 1  -  Jakarta market stands out with 2.7% surge By R Sivanithy [SINGAPORE] Wall Street's superb form continued to drive regional equity markets higher yesterday as funds seeking to position themselves for an Asian economic recovery resumed their buying after a one-day break. Indonesia stood out with a
    AFP  -  460 words
  • Article
    Lock icon FTSE at new high; Dow up 5 at 1 pm
    104 1 Reuters, Bloomberg [NEW YORK] A strong Wall Street opening propelled London's FTSE 100 Index to a record closing high of 6,513.1 yesterday. The benchmark UK index had earlier hit an all-time peak of 6,519.5 before easing to close 71.9 points
    Reuters,; Bloomberg  -  104 words
  • Article
    Ng Teng Fong's total sales hit $8.2b last year
    749 1  -  Sino Group's HKs2Bb offsets drop in S'pore sales to $2b Byi Conrad Raj [SINGAPORE] Despite the regional crisis that led to steep falls in the prices of homes, offices and shopping space, Singapore's leading property magnate Ng Teng Fong chalked up
    749 words
  • Article, Illustration
    Lock icon PacNet price doubles in 3 days
    455 1  -  Nasdaq stock soars US$22 on Monday alone to US$94 By 1 Teh Hooi Ling [SINGAPORE] Riding on the Asian recovery story and the Internet hype, Nasdaq-listed Pacific Internet (PacNet) swelled nearly 100 per cent in the last three trading days to close at US$94
    Source: Bloomberg  -  455 words
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      81 1 DBBPE IIL mup Brierley Investments Ltd (BIL) is to shift its focus and move its sharemarket listing to Asia from New Zealand, a report in Wellington newspaper The Evening Poet said yesterday, Pgl7 HUI IB tki The region should keep a wary eye on Tokyo's newly-elected governor, Shintaro Ishihara, says
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      14 1 Inter Airport '99 Asia A special feature with today's Shipping Times. Dont miss it.
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      12 1 Rosy outlook for US stocks: strategists, Pg 17 Market reports, Pgs 20-24
      12 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon Asean should join hands to woo foreign investors: PM Goh
      504 2 Call for joint roadshows to US, Europe and Japan after Indon polls The Straits Times [BANDAR SERI BEGAWAN, Brunei] Asean should organise joint roadshows to the US, Europe and Japan to draw investments back to the region and aid its
      The Straits Times  -  504 words
    • Article, Illustration
      Lock icon URA considering Waterbank's bid to sell cluster site
      379 2  -  By Corinne Kerk WATERBANK Properties has yet to obtain permission to sell its Garlick Avenue cluster housing site, although it had received at least four bids in the range of $50 million for it. In response to a BT query, the Urban
      FILE PHOTO  -  379 words
    • Article, Illustration
      Lock icon Trade-weighted S$ policy to stay?
      299 2  -  EYE ON THE ECONOMY Currencies By. Audrey Tan WITH weak global commodity prices and deflationary trends likely to persist, Singapore will continue to pursue a trade-weighted depreciation policy, says Barclays Capital. Exchange rate weakness would not only boost exports for Singapore, but also provide imported
      Source: CEIC  -  299 words
    • Article
      Edmund Tie auction sees 11 out of 21 properties sold
      363 2  -  Situation a lot better compared to six months ago, says ETC By\ David Boey REAL estate agent Edmund Tie Company yesterday sold 11 out of 21 properties that were put on the block the highest number in its monthly property
      363 words
    • Article, Illustration
      Lock icon No demand drop in Q1 despite Compaq's warning: Quantum
      573 2  -  Drive inventory of 4 major makers lowest in two years, will stabilise prices: CEO By Jennifer Lien DISK drive maker Quantum Corp saw no drop in demand for its products in the first quarter, the company said yesterday in response to
      SIEW YAW HOONG  -  573 words
    • Article
      NMP seeks more details on US$1b fund
      227 2 THE government may provide more details on the US$l billion (551.72 billion) Technopreneurship Investment Fund (TIF) at Thursday's Parliament sitting, preliminary Parliament order paper released yesterday shows. Nominated MP Zulkifli Baharudin has tabled a question for Trade and Industry Minister Lee Yock Suan,
      227 words
    • Article, Illustration
      Lock icon Pick-up seen but recovery not in sight in '99: BG Lee
      549 3 DPM cites regional backdrop; Republic's internal bnilding-np fllan tflkftg timfl The Straits Times [LONDON] Singapore's economic growth may top one per cent this year, better than the official forecast of nearzero growth, but this does not mean recovery is
      The Straits Times; REUTERS  -  549 words
    • Article
      Indonesia to allow extended stays for elderly tourists
      290 3  -  They can stay for a year initially, under plan to boost tourism By. Marissa Chew AFTER seeing visitor arrivals plunge by 16 per cent last year, Indonesia is taking "unprecedented steps" to boost its ailing tourism industry. Indonesian Minister for Tourism, Arts
      290 words
    • Article, Illustration
      Lock icon S'pore IT market expected to surpass $4.2b by 2003: IDC
      411 3  -  By) Raju Chellam SINGAPORE'S market for information technology products and services will cross $4.2 billion by 2003, averaging 3.5 per cent annual growth between now and then, according to researcher International Data Corp (IDC). That will be a good showing
      Source: IDC Asia-Pacific  -  411 words
    • Article, Illustration
      Lock icon NUS students keen to be own boss but don't know how: poll
      265 3 A SURVEY of National University of Singapore (NUS) students in the engineering, science and computing faculties has found that while most were interested to start their own businesses, they felt that they did not know enough to do
      Source: CMIT  -  265 words
    • Article, Illustration
      Lock icon Cybermalls here not pulling S'poreans from real world shops
      468 3  -  IDC Internet analyst cites size of island, Asian preference to see and feel goods By Toh Han Shih SINGAPOREANS are still reluctant to buy over the Net, said International Data Corporation (IDC) Asia Pacific senior Internet analyst, Pete Hitchen, yesterday. "Real
      Source: International Data Corp  -  468 words
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      139 3 S fi S 9 YOUR CITIBANK VISA/MASTERCARD IS THE KEY TO WINNING 9 VOLKSWAGEN GOLF 1.6 A PLUS I MYSTERY CAR. EVERY TRANSACTION I CfIANCE EVERY $100 IN YOUR OUTSTANDING BALANCE I CHANCE It's our 10th Anniversary and we're giving away 10 Volkswagen cars of outstanding balance in your account
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Look out for Nikkei hitting 20,000 this year
      1127 4  -  Japan looks set to be the classic turnaround story of 1999 By Chua Soon Huat The author is chief strategist, San wa Bank [SINGAPORE] IN mid-November last year, when Japan's benchmark Nikkei 225 index was trading at around the 14,000 level, 1
      Source: Bridge; Source: HypoVereinsbank  -  1,127 words
    • Article
      Another good month for Asian bonds
      771 4  -  By] Damien Wood The author is director of credit research, Barclays Capital. [HONGKONG] Asian bonds had another good month but following the strong performance of most benchmark issues in the first two months of 1999, spreads have started to converge as investors move out
      771 words
    • Article
      Chase sees Fed rate cut on lower inflation
      397 4  -  ANALYSIS T-bond yields to drop below 5% in 2000 and US$ to rally, frank says in report By\ Larry Wee [SINGAPORE] Sharply lower Inflation will send US interest rates even lower, and widespread predictions of higher US inflation this year are incorrect,
      397 words
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      192 4 Singapore will again play host to IMDEX ASIA at Above below water Platforms the World Trade Centre from 4-7 May 1999. Simulation Training Sonar Sensors This exhibition conference will showcase the Information Systems latest thinking and technologies in maritime defence. Underwater environment f \JjSc". x v m A formidable flotilla
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  • ASIA ON THE MEND
    • Article
      Lock icon Still no sign of recovery in Japan: BOJ, EPA
      269 5 Bloomberg [TOKYO] Japan's economy shows no sign of immediate recovery from recession and may even worsen once the government's current spending spree has run its course, warned state planners and the central bank. The Bank of Japan and the Economic Planning
      Bloomberg  -  269 words
    • Article, Illustration
      Lock icon China economic growth seen to slow to 6% in H2
      460 5 Higher growth of 8% in HI; problems in stimulating Chinese consumption: official AFP Bloomberg [BEIJING] China's economic growth will significantly slow to 6 per cent in the second half of 1999 compared with 8 per cent in the first six
      AFP; Bloomberg  -  460 words
    • Article, Illustration
      Lock icon Sing dollar tests 4-week high on London buying
      396 5  -  Funds baying stocks, unwinding of yield plays lift demand By\ Larry Wee [SINGAPORE] The Singapore dollar rose to a four-week high of 551.7177 against the US dollar yesterday, propelled by strong foreign interest in local stocks and the unwinding of short Sing
      Source: Bridge  -  396 words
    • Article
      Lock icon Bank Negara unveils new rules for banks
      236 5 AFP [KUALA LUMPUR] Malaysia's central bank yesterday announced new measures to strengthen the banking industry, including a capital adequacy ratio that matches the risk profile of each bank. Bank Negara said in a statement the new rules, replacing an earlier requirement of 8
      AFP  -  236 words
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      123 5 China plans 25b yuan on layoffs this year, Pg 7 Risk. Covered by Allianz Group. ijjjj r j Wherever you are. Whatever you f > do. The Allianz Group is always on I I 15 I your side.; < m pn-v i-n! risk *nt* "> loss. -\s :ht" ark: s
      123 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Paratroopers break up protest by Anwar supporters
      613 6 KUALA LUMPUR Troopers take up positions near court for Anwar verdict today; PAS plans evening gathering Reuters MALAYSIAN paramilitary troopers wielding batons yesterday broke up an anti-gov-ernment protest by about 300 supporters of sacked finance minister Anwar Ibrahim on the eve of the
      Reuters; REUTERS  -  613 words
    • Article
      Dr M's the real reformasi leader, says DPM
      426 6  -  Abdnilah hits ont at ralla for fthangn and greater democracy From Eddie Toh in Kuala Lumpur MALAYSIAN Prime Minister Mahathir Mohamad is the real reform catalyst and not his former deputy, Anwar Ibrahim, according to deputy premier Abdullah Ahmad Badawi yesterday. "It
      426 words
    • Article
      Lock icon M'sia baffled by mystery infections linked to virus deaths
      237 6 KUALA LUMPUR Reuters MALAYSIAN health officials said yesterday they were baffled by some mysterious infections linked to a viral epidemic that has killed some 96 people, but stopped short of considering the possibility of a third virus. "From the preliminary results,
      Reuters  -  237 words
    • Article
      Lock icon M'sian company sets up online trading site
      216 6 KUALA LUMPUR Reuters A Malaysian company said yesterday it has launched the country's first virtual trading site which links buyers with sellers and allows them to trade online. Hitechniaga Sdn Bhd's venture, called Myßiz, was sponsored by the government's Small and Medium Industries
      Reuters  -  216 words
    • Article
      Lock icon Jakarta may seize shares in Bimantara, Citra Marga
      479 6 JAKARTA Restructuring agency looking at recovering debts Bloomberg INDONESIA may seize shares in two of the largest businesses controlled by former president Suharto's family as it looks to recover mountains of debts, a government official said. PT Bimantara Citra, controlled by Mr
      Bloomberg  -  479 words
    • Article
      Lock icon Indonesia calls for ceasefire in East Timor
      393 6 JAKARTA Reuters INDONESIA yesterday called on warring East Timorese factions to cease fire and said it was setting up a commission to try to negotiate an end to mounting violence In the former Portuguese colony. Bloody clashes between pro- independence forces and Jakarta
      Reuters  -  393 words
    • Article
      Lock icon People of Riau file US$22.5b landmark suit against Habibie
      403 6 JAKARTA They are suing for compensation for lost oil revenues AFP IN the first case of its kind in Indonesia, people in the oilrich province of Riau have sued President B J Habibie for U5522.5 billion (5538.7 billion) in compensation for
      AFP  -  403 words
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      105 6 HIGH-IMPACTMARKETINGCOURSESFOR™ a Product launch Product Positioning a Selling core natural competencies Sales presentations I Capitalizing competitive advantage Building brand loyalty I* Develop a marketing-driven ethos and culture that permeates the organization Move from a market segment or product segment to a customer focus Building long-term, mutually rewarding relationships with customers
      105 words
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      9 6 I M M im*£^Bt •aa*#* «*«s ►Bssnswft^iik® lU i~<ME»
      9 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon 25b yuan set aside for layoffs this year
      345 7 BEIJING State enterprises to axe seven million workers, np one million from '98 Reuters CHINA plans to lay off seven million workers from state enterprise this year, a move that will cost the government 24.5 billion yuan (Sss billion) in welfare payments,
      Reuters  -  345 words
    • Article
      Lock icon Thousands of Chinese court mistakes corrected
      147 7 BEIJING Judicial rfßdali prosecuted for abuse of power: report Reuters CHINA corrected 11,600 wrong court judgments last year and prosecuted about 7,000 judicial officials and law enforcement administrators for bribery and abuse of power, state media said yesterday. In a report highlighting China's struggle
      Reuters  -  147 words
    • Article
      Lock icon Blast in HK store hurts lady
      142 7 HONGKONG AFP A WOMAN was injured in an explosion yesterday inside a Jap-anese-owned department store here which had earlier received several bomb threats, a police spokesman said. The explosion occurred in the food court of the Jusco department store in western Kowloon district, slightly
      AFP  -  142 words
    • Article, Illustration
      Lock icon Zhu to seek support for WTO bid in New York
      558 7 NEW YORK Chicago businessmen show strong backing for China's entry AFP CHINESE Premier Zhu Rong ji is to renew his bid to get US support for China's attempt to join the World Trade Organisation (WTO) in the US business capital.
      AFP  -  558 words
    • Article
      Lock icon EU-China talks on WTO bid near end: Brittan
      248 7 BEIJING AFP NEGOTIATIONS between China and the European Union on Beijing's entry into the World Trade Organisation (WTO) are nearing the final hurdles, European Commission vice-president Leon Brittan said. "It is end game now. I am confident that with hard work and
      AFP  -  248 words
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      32 7 FREE BRflun •Temperature Taking a Blood Pressure Test Mm Doctor hH Mother approved. Free blood pressure testing and temperature taking at selected outlets of the following: Ap6X (guardianjgu) c NTH C HEALTHCARE
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      58 7 Editorial: Clinton bows to China bashers, Pg 11 t oes wine mystify you? >oes it intimidate you? Then Wine Express is your answer. A sparkling adventure of tcine, travel, and rich culture, it's wine that will go down easy with all. Salutl Watch Wine Express and win $50 Jasons shopping
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  • ASIA
    • Article, Illustration
      Lock icon Japanese jobless rate seen at 5% by mid-2000
      426 8 TOKYO Cabinet ministers express concern abent excessive restructuring Reuters JAPAN'S jobless rate once the envy of other industrial nations is expected to climb to over 5 per cent from its current record high of 4.6 per cent by mid-2000, a Reuters poll
      Reuters  -  426 words
    • Article
      Lock icon Ailing Japan banks may opt to close: official
      261 8 TOKYO They find gpvt safety net too attractive, reform chief says AFP JAPAN'S bank reform chief warned yesterday that the country's troubled regional banks may start closing down their operations to take advantage of a state safety net. Tokyo has already taken
      AFP  -  261 words
    • Article
      Lock icon Pakistan set to respond to Indian missile test
      183 8 ISLAMABAD AFP [ISLAMABAD] Pakistan is gearing up for a tit-for-tat response to arch-rival India's test launch of its latest ballistic missile, a move that could heighten the South Asian arms race, officials and press said yesterday. Army chief General Parvez Musharraf said
      AFP  -  183 words
    • Article, Illustration
      Lock icon Two-week test to catch a bug
      69 8 [SYDNEY] A businessman looking at the Australian Stock Exchange board in Sydney yesterday as the exchange prepares itself for the new millennium and the problems the Y2K bug may cause. The exchange is running a 15day test to simulate the changeover to the year
      AFP  -  69 words
    • Article
      Lock icon India coalition turncoat in talks with opposition
      221 8 NEW DELHI AIADMK trying for no-confidence vote against government Reuters INDIA'S government teetered on the brink of collapse yesterday as a coalition turncoat began talks with opposition parties to forge a new administration. Tension mounted after the leader of the regional All India
      Reuters  -  221 words
    • Article, Illustration
      Lock icon Tokyo governor's win prompts fears of nationalism
      457 9 TOKYO But there won't be a return to extreme policies of World War II: analysts AFP FEARS of a shift to nationalism in Japan after a landslide victory for new Tokyo governor Shintaro Ishihara have been fuelled by the legacy of war, analysts
      AFP  -  457 words
    • Article
      Lock icon LDP draws up defence law revisions: report
      355 9 TOKYO If approved, move will expand Japan's defence role Reuters JAPAN'S ruling party has drawn up several revisions to key bills related to its defence guidelines with the United States, Japanese media reported yesterday. The bills, which are expected to come in for
      Reuters  -  355 words
    • Article
      Lock icon Aussie exec to lead push to become financial hub
      161 9 SYDNEY AFP A PRIVATE sector executive will be appointed by the government to help bypass bureaucracy and step up Australia's battle to topple Hongkong and Singapore as a world financial hub, a report said yesterday. The "ambassador" will lead the push
      AFP  -  161 words
    • Article
      Lock icon Aussie economy to deliver budget windfall
      263 9 ■SYDNEY Economists say that surplus could be between Ass-slob Reuters AUSTRALIA'S briskly growing economy is set to deliver the federal government underlying budget surpluses several billion dollars above forecasts for this year and next, analysts said. At the same time, the conservative Liberal-National government
      Reuters  -  263 words
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      45 8 'I^l .-.t', I k -wpr .-t' BP j *Sky Suites are now available on all flights between Singapore and London, Frankfurt, Sydney, New York JFK (Newark from 22 April). Daily services to San Frandsco via Hong Kong, Los Angeles via Tokyo from 30 May oit^H
      45 words
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  • THE WORLD
    • Article
      Lock icon Yugoslav troops attack Albanian border crossing
      576 10 BRUSSELS Belgrade denies incursions; US, Russia tail to agree on Nato's policy Bloomberg, Reuters, AFP YUGOSLAV forces reportedly attacked a border crossing in Albania yesterday and entered the country in an apparent escalation of the three-week-old war over Kosovo. Yugoslav forces shelled an Albanian
      Bloomberg,; Reuters,; AFP  -  576 words
    • Article
      Lock icon Brazil emerging from economic crisis, says president
      395 10 BRASILIA Inflation is in check, interest rates down, investment rising AFP BRAZILIAN President Fernando Henrique Cardoso said on Monday that the country is emerging from its economic crisis, triggered by the currency's devaluation, with inflation "under control". Mr Cardoso, speaking in a nationally
      AFP  -  395 words
    • Article
      Lock icon Dresdner Bank criticises ECB's recent rate cut
      410 10 FRANKFURT ECB's policy-making transparency questionable: report Reuters, AFP DRESDNER Bank yesterday criticised the European Central Bank's decision to cut key interest rates last week, saying the move threatened the euro zone with economic uncertainty. The rate cut also put in question the ECB's
      Reuters,; AFP  -  410 words
    • Article, Illustration
      Lock icon Israel remembers the Holocaust victims
      47 10 [JERUSALEM] Israeli soldiers standing at attention under pictures ofJewish victims of the Holocaust during a memorial ceremony at the Yad Vashem Holocaust Museum in Jerusalem yesterday. Israel observed two minutes ofsilence in memory of millions ofJews killed during World War 11. AFP
      AFP  -  47 words
    • Article
      Lock icon Clinton cited for contempt during Jones case
      313 10 LITTLE ROCK, Arkansas Reuters US President Bill Clinton landed in new legal hot water on Monday over his relationship with Monica Lewinsky just as his former Whitewater partner Susan McDougal walked out of court with an acquittal. In the same Little Rock courthouse
      Reuters  -  313 words
    • Article
      Prodi to hammer out EU reform agenda
      619 10  -  Officials hope plans will spur flagging EU growth, help boost confidence in euro From i Shada Islam in Brussels EUROPEAN Commission President-designate Romano Prodi meets European Union leaders in Brussels today to hammer out a new reform agenda for an EU executive discredited
      619 words
    • Article
      Lock icon US retail sales inched up 0.2% in March
      517 10 WASHINGTON 14J% annual growth in Q1 is biggest since Nov 1986 Bloomberg US retail sales crept higher in March after posting the largest gain in five years a month earlier, Commerce Department figures released yesterday showed. Sales rose 0.2 per cent to
      Bloomberg  -  517 words
    • WORLD Watch
      • Article
        Lock icon Germany trade surplus widens in Feb
        53 10 Bloomberg (WIESBADEN, Germany] Germany's trade surplus <widened in February, for the second month in a row. Its wwpHff fhrnwd too blgger-than- expected 11.5 billion Deutschemarks (5110.9 billion) in February from 8.8 billion marks in January. Exports fell 0.6 per cent and imports dropped 1.3
        Bloomberg  -  53 words
      • Article
        Lock icon G-7 to meet in Washington
        69 10 AFP [WASHINOTON] Finance ministers and central bank governors from the seven leading industrialised nations are to meet here on April 26, a US official said on Monday. The talks for the Group of Seven, bringing together officials from Britain, Canada, France, Germany, Italy. Japan and
        AFP  -  69 words
      • Article
        Lock icon Yeltsin dismisses impeachment bid
        67 10 AFP [MOSCOW) President Boris Yeltsin boasted yesterday that parliament's bid to impeach him would never succeed as a group of powerful regional heads rallied to the embattled Kremlin chiefs support Mr Yeltsin said that Monday's decision by deputies to postpone impeachment hearings for s month did
        AFP  -  67 words
      • Article
        Lock icon Iran, UK to restore diplomatic ties
        76 10 AFP (LONDON) Iran and Britain will rattoce full diplomatic ties "shortly" by appointing ambasaadors in each other's capitals, the British Foreign Office said yesterday. Both countries paved the way to restoring ftill diplomatic relations after the Iranian government disassociated Itself In September from the
        AFP  -  76 words
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      69 10 \l Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Mrs Diana Bean, General Manager Of Ms Florence Nathan. Manager I OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE, 24 RAFFLES PLACE. SINGAPORE *****1
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  • EDITORIAL & OPINION
    • Article, Illustration
      Region should keep wary eye on Ishihara
      891 11  -  THB BOTTOM LOT OPINION By Anthony Rowley The writer is BT's Tokyo correspondent WITH the election last Sunday of Shintaro Ishihara as the new governor of Tokyo, there appears to be a danger of Japan's political processes being hijacked, and of rational debate
      891 words
    • Article
      IN OTHER WORDS
      93 11 'I don't think a judge should be a personality. My focus is to be fair to all Sides.' -Sasan Webber Wright United States judge who on Monday found US President Bill Clinton in contempt of court. 'We want to assure them of the sanctity of the Malaysian
      93 words
    • Article
      Clinton bows to China bashers
      603 11 EDITORIAL LAST week's decision by US President Bill Clinton to scuttle Beijing's bid for membership in the World Trade Organisation (WTO) indicates that the China-bashers on Capitol Hill may be gaining the upper hand and are laying the ground for a new Cold War between
      603 words
    • Article, Illustration
      Lock icon Indon polls just the start of long road to recovery
      1038 11  -  lt stretches nation's resources, and new govt will face huge political and economic challenges Shoeb Kagda The writer is BT's Jakarta correspondent WITH less than two months left before some 120 million Indonesians go to the polls to elect a
      FILE PHOTO  -  1,038 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      1027 11 BrfMtaf HE health system HONGKONG has, on balance, a sound and fair health system, where everyone in the community is entitled to the same level of medical care. But it is a fact of economic life that this cannot go on indefinitely. Things have to change.
      1,027 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Diki charms Korean teens
      804 12  -  A cyber singer leads the new wave of Japanese cultural invasion of Korea reports chesono hvl'wook CHEONG HYEWOOK Reuters DIKI is every celebrity agent's dream come true. She doesn't sleep, eat or take breaks. She'll never utter a word of complaint even if she's booked for
      Reuters; REUTERS  -  804 words
    • Article, Illustration
      Lock icon Washington Post, NYT bag journalism awards
      469 12 PULITZER PRIZE Reuters [NEW YORK] The Pulitzer Prize Board bestowed its prestigious journalism awards on Monday, with the award for public service going to the Washington Post for its series on reckless gunplay by city police officers. The New York Times won two of
      Reuters  -  469 words
    • Article, Illustration
      Lock icon Green tea may prevent arthritis
      375 13 HEALTH LAT-WP [NEW YORK] Green tea, a staple of Chinese restaurants and a brew believed to have a variety of health-promoting properties, may be useful in the treatment and prevention of rheumatoid arthritis, according to a study reported yesterday. Medical researchers at Case Western Reserve
      LAT-WP; FILE PHOTO  -  375 words
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      120 13 I B available for t private parties company dinner and dance conference seminar and meeting. I HOTEL QRAND CENTRAL LIMITED 22 Orchard Road/Cavwagh Road, Sing*>or« *****7 Tat 737 9944 Fax; 733 3175 The Elizabeth Singapore pays special tribute to all Secretaries, with exclusive gift vouchers (5 IHH rom Le Salon
      120 words
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      Page 13 Advertisements Column 3
      23 13 the sextet from the Philippines jMjL j I wi. V i w gS^ I't Mill-Ill.l* I\l 11-111 l FOR RESERVATIONS CALL: 433 1232
      23 words
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      Page 13 Advertisements Column 4
      143 13 Gourmets will welcome Shark's Fin and Abalone in six variations at the Hua Yuen Chinese Restaurant. Imagine a mini BuddhaJumps-Orer-The-fVall (s2s)\ Enjoy the Bemsed Abalone with Sea Cucumber in Claypot ($35). How about Whole Abalone in Oyster Sauce ($35)7 For reservations, please call 432 5543/5546. D Pnca ah/rct lo 10%
      143 words
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      Page 13 Advertisements Column 5
      127 13 >§\S!rmRE i 1-30 April 1999 P The Great Australian ly Wine Buffet! Drink till you flip! I P" P*™ 00 vk 6.30pm-9.00pm daily 1/M& mm Reservations: 831 133 Orchard Road. Singapore *****7 Fan: 732 2361 fret»ck *V Oosyo*i>s IQfrU AH \<Mi K«y, im Crossroods Co(* has turned into on opwvotr
      127 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1183 13 CRYPTIC CROSSWORD 1 Modest just the same (10) 6 It makes a pass into a path (4) 10 A number grow sick, get benefit io 11 Concerning a will he's shame- |[H HI HH HV VH HB less (9) 12 We hear diner might end in a 12 I I
      1,183 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      151 14 Today, 50,000 people up for cell phone service your mother hop on the messages be 5 million be one company the center II www M work Lucent Technologies Offices: Australia, Sydney Toll Free: 1800 242 580 Tel: 61 2 9352 9000 Fa* 61 2 9352 9111 China, Beijing Tel: 86
      151 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon GES Int'l stock offers arbitrage profit opportunity
      353 15  -  Persistent price gap between closing prices on ASX, SES since dnal listing By] R Sivanithy [SINGAPORE] The hectic punting of recently-listed electronics counter GES International has thrown up the interesting possibility of an 18 per cent arbitrage profit opportunity but only for those
      Source: Bloomberg  -  353 words
    • Article
      Lian Beng share offer 58 times subscribed
      189 15  -  By Ven Sreenivasan [SINGAPORE] In yet another sign that the initial public offer (IPO) market is on the road to recovery, the tranche of shares that construction specialist Lian Beng Group offered to the public was subscribed some 58 times. By the close
      189 words
    • Article, Illustration
      Lock icon IME up 5.5 cts on news of reverse takeover
      354 15  -  By\ Rahita Elias [SINGAPORE] The market reacted positively to Cathay Organiaailon Holding's reverse of IMM MultiEnterprise, whose share price peaked at an all-time high of $1.04 in early morning trading yesterday. Sesdaq-listed IME, which is selling off its loss-making Megamart and
      Source: Bloomberg  -  354 words
    • Article
      Undervalued Hotung could do with more attention
      761 15  -  HOCK LOCK SIEW Louis Beckerling MKk SELECT band of savvy investors who got their timing right have enjoyed a on venture fund Hotung Investment Holdings Ltd, which has recorded a SO per cent share price gain in local dollar terms so far this
      761 words
    • Article, Illustration
      Marco Polo to look for good development site in second half
      648 15  -  Property developer will also consider good leasehold sites By < Corinne Kerk [SINGAPORE! Marco Polo Developments is looking to buy a development site in the second half of this year, and good leasehold sites have not been ruled out.
      648 words
    • COMPANIES
      • Article
        SingFin gets court stay lifted in case against Jack Chia Properties
        400 16  -  By < Conrad Raj THE Jack Chia saga continues with Singapore Finance (Sing Fin) successfully getting the High Court on Monday to lift a stay on proceedings against Jack Chia Properties (Singapore) for the recovery of some $470,000. On
        400 words
      • Article
        Lock icon GP Batteries: shares hit unfairly
        211 16 Bloomberg [SINGAPORE] GP Batteries Ltd, the largest battery maker in Asia outside Japan, says its shares have been battered unfairly. The company, which makes Duracell and Eveready batteries, says investors pulled its shares down with the fall in the yen because its key rivals are
        Bloomberg  -  211 words
      • Article
        SFC plans sweeping changes to raise HK's disclosure standards
        494 16  -  Substantial shareholders face stiffqr roles on transparency From Quak Hiang Whai in Hongkong THE Securities Futures Commission (SFC) will make sweeping changes to Hongkong's securities laws to raise the disclosure standards for substantial shareholders. These include a lower threshold for initial
        494 words
      • Article, Illustration
        Lock icon Yahoo!, SmarTone launch HK link-up
        77 16 [HONGKONG] Officials from US Internet company Yahoo! and Hongkong's SmarTone Telecommunications Holdings Ltd watching the lights illuminate at the launch of their strategic Internet content alliance yesterday at a press conference. From left are Yahoo! 's managing directorfor Asia Savio Chow, international vice-president Heather Killen
        AFP  -  77 words
      • Article
        KL to review dividend restriction
        354 16  -  Feedback invited; no timeframe set for easing restrictions From. Ruth Wong in Kuala Lumpur MALAYSIA is reviewing the restriction it has imposed on dividend payouts in view of the improving economy and the recent easing of the capital control measures through the introduction of the
        354 words
      • Article
        Lock icon TA suffers RM557m pre-tax loss
        148 16 Bernama [KUALA LUMPUR] TA Enterprise Bhd has suffered a* group pre-tax loss of 557 million Malaysian ringgit (*****.4 million) for the year ended Jan 31,1996, compared with a pre-tax profit of RM46.45 million achieved in the previous year. Announcing the unaudited results here yesterday, TA
        Bernama  -  148 words
      • Article
        Lock icon UEM unit unable to get loan rollover
        79 16 Reuters [KUALA LUMPUR] United Engineers (Malaysia) Bhd (UEM) said yesterday its tollroad operating unit, Express Lingkaran Tengah Sdn Bhd (Elite), was unable to request a rollover of its 440 million Malaysian ringgit (*****.4 million) notes issue facility as it could not meet one
        Reuters  -  79 words
      • Article
        Keppel Marine explains impact of proposed share buyback
        403 16  -  Firm has enough resources to buy back allowable limit By Conrad Raj [SINGAPORE! Keppel Marine Industries has worked out the implications of its proposal to buy back up to 10 per cent of its shares. News of the proposal, which came last
        403 words
      • Article, Illustration
        Kuok Group's Allgreen to launch IPO soon
        275 16  -  By] Marissa Chew [SINGAPORE] Allgreen Properties Ltd, the Singapore property arm of the Kuok Group, said yesterday that it would launch its initial public offer sometime at endApril or early-May. It secured in-principle approval from the Stock Exchange of Singapore late last month.
        275 words
      • COMPANY Briefs
        • Article
          Jaya buys 51% of Verbena
          64 16 [SINGAPORE] Jaya Holdings has paid $178,500 for a 51 per cent stake in Verbena Pte Ltd, a company which win own and charter vessels to third party vessel operators. The remaining 49 per cent stake in Verbena will be held by Lim Shu Seng, who
          64 words
        • Article
          Twinwood to delay M'sia plant
          79 16 [SINGAPORE] Twin wood Engineering yesterday said that the $1.2 million in proceeds from its initial public offer, which was earmarked for the construction of a new factory in Senai, Malaysia, will instead be used as working capital. This is because the company saw a 92
          79 words
        • Article
          Seksun gets nod to move to main board
          42 16 [SINGAPORE] Seksun Precision Engineering has secured the nod to transfer its listing to the main board of the Stock Exchange of Singapore from Sesdaq. It will start trading on the main board from tomorrow.
          42 words
        • Article
          Cosco sees flat earnings for FY99
          52 16 [SINGAPORE] Cosco Investment yesterday said that it expects this year's net profit to be "approximately the same profit sfter tax as in 1998". It reported a 41 per cent decline in earnings to $2.68 million on turnover of $324.13 million for the year ended
          52 words
        • Article
          CCL unsure of maintaining car margins
          66 16 [SINGAPORE) Cycle A Carriage (CCL) is not confident that its passenger car distribution business will do better this year despite an expected increase in the vehicle quota. It said in its latest annual report that given the current economic climate and business environment, it
          66 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • COMPANY Briefs
        • Article
          Lock icon C&W to spend US$670m on network
          78 17 Bloomberg [LONDON] Cable Wireless, UK's No 2 phone firm, said it will spend US$67O million (Sll.l trillion) over two years to build a high-speed US phone network to handle soaring demand for Internet and data services. The parent of Hongkong Telecom will install switches
          Bloomberg  -  78 words
        • Article
          Lock icon Cisco Systems to buy software firm
          49 17 Bloomberg (SAN JOSE, California] Cisco Systems Inc, the No 1 maker of computer-networking equipment, said it will acquire GeoTel Communications Corp, a software maker, for US$2 billion in stock. Cisco will exchange 0.5138 share for each outstanding share and option of GeoTel. —Bloomberg
          Bloomberg  -  49 words
        • Article
          Lock icon Boeing turns down PAL revamp plan
          64 17 AFP [MANILA] Boeing Co of the US yesterday rejected a revised rehabilitation plan by Philippine Airlines (PAL) just two days before the state corporate watchdog decides on the carrier's fate.Boeing said the plan failed to assure payment of US$l27 million in claims for damages
          AFP  -  64 words
        • Article
          Lock icon Itochu changes profit forecast to loss
          70 17 Bloomberg [TOKYO] Itochu Corp, Japan's third-largest trading company by sales, switched its forecast to a loss for the year ended last month, citing higher restructuring costs and slower sales. It will probably report a group net loss of 34 billion yen (Ss4B6.3million) cm sales
          Bloomberg  -  70 words
        • Article
          Lock icon Intel cuts prices by up to 43%
          67 17 Bloomberg [SANTA CLARA, California] Intel Corp, the world's largest computer-chip maker, cut prices on products including Pentium m, Celeron and some mobile chips by as much as 43 per cent as it seeks to boost demand. Intel is trying to regain market share
          Bloomberg  -  67 words
        • Article
          Lock icon IBM to unveil new business unit
          78 17 Reuters [NEW YORK] International Business Machines Corp (IBM) said it was to unveil yesterday a separate business unit to expand its sales to the fast-growing market for telecommunications services delivered via the Internet. The new business, an arm of IBM's Global Industries group, will
          Reuters  -  78 words
      • Article
        Lock icon Rosy outlook for US stocks: strategists
        454 17 Scenario of high employment, low inflation seen intact Reuters [NEW YORK] When will the bears come home and frighten Goldilocks away? At least two Wall Street analysts said on Monday that the rosy long-term scenario for US stocks is not likely to change any
        Reuters  -  454 words
      • Article, Illustration
        Lock icon Buffet targets UK-quoted share in search for value
        438 17 Reuters [LONDON] American investor Warren Buffett, who says it is increasingly difficult to find value in the current bull market, has begun buying into a British-quoted share as part of his quest to invest the US$l5 billion (5525.8 billion) cash stockpile held
        Reuters  -  438 words
      • Article
        Lock icon BIL moving listing to Asia, continue CEO search: report
        520 17 Announcement expected today will outline structural plans for group Reuters [WELLINGTON] Brierley Investments Limited (BIL) is about to shift its focus and move its sharemarket listing to Asia from New Zealand, a report in Wellington newspaper The Evening Post said yesterday.
        Reuters  -  520 words
      • Article
        Lock icon Posco's Q1 profit up 71.6% on Korean car demand
        262 17 Bloomberg [SEOUL] Pohang Iron Steel Co, the most profitable company in South Korea last year, said yesterday its net profit in the first three months of the year exceeded its target, thanks to rising domestic demand for automobiles. In its first-ever
        Bloomberg  -  262 words
      • Article
        Lock icon Compaq Q1 profit warning hits scores of funds
        365 17 Bloomberg [NEW YORK] Compaq Computer Corp's warning that first-quarter profits will be about half of what analysts had forecast is creating losses for scores of mutual funds that hold stakes in the No 1 maker of personal computers. Alleghany/Chicago Trust Talon Fund
        Bloomberg  -  365 words
      • Article, Illustration
        Lock icon Toyota Motor to replace president; VP to take over
        355 17 39-year company veteran to succeed Oknda who will become chairman Bloomberg AFP [TOKYO] Toyota Motor Corp, Japan's biggest automaker, said it promoted vice-presi-dent Fujio Cho to president, succeeding Hiroshi Okuda, architect of the company's overseas expansion this decade. Mr Cho, 62,
        Bloomberg; AFP; FILE PHOTO  -  355 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Trading remains Goldman's dominant business
        259 18 NYT |NEW YORK] The offering of b 14.8 per cent stake in Wall {Street's last large, privately Held investment bank also disclosed more about Goldman Sach's finances and reveals just how dependent the firm is on highly unpredictable and often risky trading revenue. As detailed
        NYT  -  259 words
      • Article, Illustration
        Lock icon Rich harvest for partners as Goldman ups IPO price
        707 18 CEO's stake valued at USs227m; 13 top execs' holdings worth up to USsl.4b NYT [NEW YORK] Goldman, Sachs Co's announcement on Monday that it would raise the price range of its highly anticipated initial public offering by as much as 10
        NYT  -  707 words
      • Article
        Lock icon Barclays loses new chief exec on health grounds
        438 18 O'Neill named two months ago to top job; no replacement yet Reuters [LONDON] British banking group Barclays Pic shocked the stock market yesterday by announcing the resignation of its new chief executive Michael O'Neill on health grounds, barely two months after he
        Reuters  -  438 words
      • Article
        Lock icon Merrill Lynch Q1 profit up 18% to record US$609m
        285 18 It gets boost from rebound in bond trading revenues Reuters, Bloomberg [NEW YORK] Merrill Lynch and Co Inc, the largest US brokerage, yesterday posted an 18 per cent increase in first-quarter profit to a record US$6O9 million (Ssl billion), helped by
        Reuters,; Bloomberg  -  285 words
      • Article, Illustration
        Lock icon Bad loans stall talks for Korea First deal
        355 18 FT [SEOUL] Talks on the acquisition of troubled Korea First Bank by a US financial consortium led by Newbridge Capital have reached an impasse that could threaten the landmark deal, according to South Korean officials. The collapse of the sale would represent
        FT; FILE PHOTO  -  355 words
      • Article
        Lock icon Bangkok unveils plan to boost palm oil industry, exports
        207 18 Bridge News [SINGAPORE] Thailand's agriculture ministry has unveiled a plan to bolster the country's domestic and export markets for palm oil, the Bangkok Post reported today. It said the ministry would promote vertical integration from planting through crushing and refining. There
        Bridge News  -  207 words
      • SMALL Change
        • Article
          Lock icon Nomura cuts London forex business
          65 18 Reuters [LONDON] Nomura International, the London-baaed arm erf Japan's Nomura Securities, has cut bade its foreign exchange business in London and integrated the remainder of the tram into its fixed income derivatives desk. A source at Nomura, Japan's largest brokerage, said the move was part
          Reuters  -  65 words
        • Article
          Lock icon Japan lifts ban on Taiwan equities
          53 18 AFX-Asia [TAIPEI] Taiwan's Securities and Futures Commission chairman Lin Tzong-yeong said Japan recently lifted the ban on its mutual funds investing in Taiwan equities. Mr Lin was quoted by the Economic Daily Neivs as saying the measure will help bring Japanese capital into the
          AFX-Asia  -  53 words
        • Article
          Lock icon US insurers'catastrophe losses up 68%
          42 18 Bloomberg [NEW YORK] US insurers' first-quarter catastrophe losses climbed 68 per cent to about US$l.B5 billion (Ss&2 billion) from US$l.l billion a year earlier, the Property Claim Services unit of Insurance Services Office Ine said on Monday.—Bloomberg
          Bloomberg  -  42 words
        • Article
          Lock icon US Trust Corp Q1 earnings jump 25%
          60 18 Bloomberg [NEW YORK] US Trust Corp, the largest publicly traded US fluid manager catering to wealthy investors, said on Monday that first-quarter earnings rose 25 per cent The New York-based company said net income rose to US$lB 3 million (5531.5 million), or 88
          Bloomberg  -  60 words
      • Article
        Index ends higher but off opening gains
        212 19  -  Reports MOT IwAw Bob Butcher, Jardine Fleming A RECORD high close on Wan Street got the MSCI Singapore Index and the related futures off to a strong start yesterday but, in line with the recent decoupling trend in Asian markets, the strong open
        212 words
      • Article
        Strong Dow lifts futures to record high
        162 19  -  MSCI Taiwan fatores Cecilia Loh Refco Singapore THE Simex MSCI Taiwan Stock Index futures surged to a record high 0f329.7 amid optimism over rising corporate profits. The April 1999 futures closed up 6.90 points at 328.7 with its underlying Weighted Price Index gaining
        162 words
      • Article
        Lock icon Fears of escalation of Kosovo crisis ignite oil prices above US$15
        294 19 ENERGY REPORT Reuters [LONDON] Oil prices moved back above US$l5 a barrel yesterday spurred by concerns over an escalation of the Kosovo crisis. Brent blend crude oil traded 36 US cents higher at U5515.17 a barrel by mid-af-ternoon, taking
        Reuters  -  294 words
      • Article
        Lock icon CURRENCY REPORT
        308 19 Reuters, Bloomberg London EUROPE'S new single currency came under pressure yesterday as the Balkan conflict intensified but the impact of the crisis should be brief unless it jeopardises eu-ro-zone Budgets, analysts said. "The impact on the euro is unlikely to last, unless the war starts to impact Budgets
        Reuters,; Bloomberg  -  308 words
      • Article, Illustration
        Untitled
        996 19 DfTBRBAMX CROSS KATES Apr 13 1 8i C$ IwO far* Ffr D« HKS M totem* Yw Won »M «SNfcl» Nw *mi Mr If» lilNrt Wl Antrala• 0.949 6.178 0589 3262 1.151 4.932 27.183 55.267 0.766 7.779 148 1.174 ***** ***** LOW 198 *****02*3 K04 UM |2& CMdl 1054 5.566 0.620
        996 words
      • Article
        Untitled
        1450 19 SICOH FUTURES Apr 13 l!M WMIRtMwttclutagtfitUOpm) RsstcoimucTcscMtsto} a#* mm* om mm Tim u» «—»*> *»«*> M«y 99 mOO 775 Jm 99 W3.25 250 .M99 10*50 280 Aaq 99 <06.25 200 S«99 W7.75 200 Oct/Otc 99 K»J5 675 Mt3€0KTnCT Cttwftte Vdm Opw MMtt wm Uw Stt (tono Wrttt my 99 BOO
        1,450 words
    • Article, Illustration
      Lock icon HONGKONG
      1342 20 AFP WHangSeng ♦154J6 HONGKONG share prices rebounded 1.3 per cent on selective buying yesterday following a strong overnight performance on Wall Street, dealers said. The key Hang Seng Index gained 154.95 points to close at 11,899.69, on a turnover of HK$5.B5 billion. Following overnight gains on Wall Street, the
      AFP  -  1,342 words
    • Article
      WORLD STOCK MARKETS
      2053 20 jjrB Hmt 31 Croup 6.52 0.03 A B Foods 4.17 0.01 A B Ports 2.80 unch AUtod Domocq 4.67 0.10 AMod Zurich 8.99 -034 Angto Amorican CoM 35.60 0.60 A50A Croup 1.52 0.03 Bank of Scotland 9.10 an Barclays 19.19 0.46 Boss 8.78 0J3 BC 3.45 0.03
      2,053 words
    • Article, Illustration
      Lock icon CHINA
      515 20 Reuters Pshgahep Binder -0.78 SHENZHEN'S hard-currency B shares closed lower in light trade yesterday as investors took profits from last week's Hongkong-led rally and sold issues with weak 1998 earnings, analysts said. The B share index slipped 0.78 point, or 1.36 per cent, to 56.72 on turnover of HKJI7.6
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  515 words
    • Article
      Lock icon TAIPEI
      336 20 AFP HWPfaig *M 6 SHARE prices closed 1.3 per cent higher yesterday on continued strong buying by foreign investors and a firmer local currency, dealers said. "Sentiment was buoyant as foreign remittances continue flowing into Taiwan to buy shares, which in turn has fuelled an appreciation of the local
      AFP  -  336 words
    • Article
      Lock icon TOKYO
      1607 20 AFP H Nikkei 235 ♦207.71 SHARE prices in Tokyo closed 1.3 per cent higher yesterday as investors took the cue from Monday's rally on Wall Street, brokers said. The Nikkei 225 Index gained 207.76 points to end at 16,715.16. "The sentiment in the Tokyo market was bolstered by yesterday's
      AFP  -  1,607 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8315 21 MBUSTMAU Cmswmt pndvcts IW Lest Vel Day Net Cap UN* Law Company Sate *000 Hm Law HZ 310 2SS Ajinomoto 27S 5 3 280 275 15.2 m.5 83 *6 Angkasa 56 -3.3 26 60 56 82 6 283 220 A potto Food Hlg 231 n 3 233 231 8.0 92.4
        8,315 words
      • Article, Illustration
        Lock icon Market gets another boost from local buying
        405 21 AFP, AFX-Asia Composite Indei +13*22 MALAYSIAN share prices closed 2.3 per cent higher yesterday on continued local buying ahead of the verdict in the corruption trial of former deputy premier Anwar Ibrahim, dealers said. The KLSE Composite Index rose 13.22 points to finish
        AFP,; AFX-Asia  -  405 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2167 22 BONDS, LOANS A VARIANTS 32-Wk Lilt Vol Day Last Ouata A«« High Law Stno Company Sat* *or- COOO) High Law Buyar Sahaf_Mce 18 3 s 3160 A Acar ******1 USS 14.5 unch 93 15 14 14.5 15 27 4.5 S 3164 Acm* ******4 22 *0.5 230 22.5 22 22 22.5
        2,167 words
      • Article
        Bonvests wrt: bear in mind the numbers
        201 22  -  WARRANT WATCH -By R Sivanithy WITH expectations that its subsidiary Colex Holdings will do well when it lists soon, Bonvests Holdings' warrants exploded into life yesterday, rising 17.5 cents or 66 per cent to 45 cents. With the market in the mood that
        201 words
      • Article
        CLOB INTERNATIONAL
        220 22 Of 6r 92'Wk Last Vol Dry Last IMl Dfe Mv Vtd Mat M C«p H*f» Low Stna Sata rOOO) HUD Law Invar Or M $wH 235 173 5123 CDC (2000) HK 230 Cd 230 8 2.4 3-5 H8 4453.2 5124 Cathay Pic 20c HK 720 Cd 265 2.1
        220 words
    • Article, Illustration
      Lock icon JAKARTA
      697 22 AFP Composite Intel +1L37 SHARE prices closed 2.7 per cent higher on the back of gains in blue chips, amid speculation of window-dress-ing ahead of the June national elections, dealers said. A dealer with a local brokerage said a number of factors explained the improved market sentiment, but none
      AFP  -  697 words
    • Article
      Lock icon SEOUL
      402 22 AFP Fl Composite Intel 411 SOUTH Korean share prices closed barely higher yesterday in mixed trading as investors hunted for bargains after early declines, dealers said. They said the market opened lower on profit-taking after nine days of consecutive upturns with a significant number of orders consisting of programme
      AFP  -  402 words
    • Article
      Lock icon SYDNEY
      667 22 AFP FlADOrtoariM »38J AUSTRALIAN share prices rose 1.3 per cent yesterday to a new record close, propelled by a surge on Wall Street, brokers said. The All Ordinaries Index rose 38.1 points to 3,076.3. The All Industrials Index improved 66 points to 5,536.1, while the All Resources Index closed
      AFP  -  667 words
    • Article
      Lock icon WELLINGTON
      298 22 AFP □Wellington +U3 NEW Zealand share prices edged 0.3 per cent higher yesterday on light turnover of NZ553.6 million with troubled Brierley Investments providing the highlight. Brierley added 2 cents to 51 cents and was the most active share. The NZSE-40 Index was up 6.93 points to 2148.19. AFP
      AFP  -  298 words
    • Article
      Lock icon MANILA
      308 22 AFP Q Manila +0.56 PHILIPPINE share prices ended fractionally higher yesterday as a technical correction temporarily slowed a substantial advance over the past eight trading days. The Composite Index rose 0.56 point to 2,157.64. Turnover fell to 1.32 billion shares worth 2.74 billion pesos compared to 2.6 billion shares
      AFP  -  308 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6407 23 Transaction date Apr 1J Or Qr M Wt 5*-Wk Last Vol Day Last Oust* CMv M* VM NM Cap A*g w* Law StHo Company Sala COOO> Low Buyar SaMar C'»T H P/I tm» Prtel MUTHNMISTRY 127 17.5 m b 1000 Acma 50c 82.5 cd
      6,407 words
    • Article
      SESDAQ
      1196 23 Or Or M Wt 52-Wk Last V«i 0«y LactOuata M* Dt> VM M Clf A«i law ltN> C imp wy Ml COOP) HI0I L— lnyir Mhr Cw W >w8 Ww 193 30 c 2049 AS Auto K)c 109 *7 2938 TW t03 KM 109 19 N 7 14 103
      1,196 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        363 24 Stacks Votam GCS Intl Ltd 20c 44,970,000 SingTel 15c 12,378,000 totem Asm 12,234,000 Hotung tow NT5 9,665,000 ChewEuHock 20c 9,646,000 CSE Sys Engg 5c 9,135,000 Amara Hldgs Ltd 8,928,000 ST Engg 10c 8,640,000 SembCofpl 25c 7,644,000 DBS LM4 7,270,000 stmu s SingTel 15c 33,526,084 GES Intl Ltd 20c 28,274,689 OCBC
        363 words
      • Article, Illustration
        Possibility of hedge funds in market as rally resumes
        621 24  -  STOCK MARKET COMMENTARY Rise comes after another Dow record; foreign money continues to flow in; clear preference for GLCs By R Sivanithy AFTER a breather on Monday, local stocks resumed their rehabilitation yesterday as foreign money continued to flow into local
        621 words
      • ON THE GRAPEVINE
        • Article
          All that glitters in Net gold
          106 24 ALL the gold in the world ever mined by mankind in history is now worth less than six technology stocks, said the iconoclastic Marc Faber, Hongkong's pony-tailed fund manager also known as Dr Doom. The six stocks are US technology giants Microsoft, Intel, IBM,
          106 words
        • Article
          $64m question on the Dew
          88 24 BOUTIQUE fluid manager Dennis See has been having a good run on his Global Equity Momentum Fund whose net asset value per unit has shot up from U559.56 in December to more than US$l5. The spectacular performance isn't surprising given that the fond has been
          88 words
        • Article
          Unhappy birthday
          102 24 rAJUDIN Ramli, tin chieftain of Malaysian Airline System, turned 52 yesterday—one year older than the national carrier. However, it will not be a happy time for the major shareholder of MAS, which is expected to undergo a major restructuring exercise to lighten its debt tmrden with the help
          102 words
        • Article
          From stocks to stockings
          88 24 SELLING stockings seems to be a natural progression from selling stocks for brokers in Sri Lanka. Newswire agency Reuters recently reported that the 16 broking firms in Sri Lanka are doing so badly—one has closed down and another is looking for a buyer—that some of the
          88 words
        • Article
          Charities begin at seminar
          87 24 HERE'S one company with a heart At Hs annual IT review and forecast seminar, Directions *99, held here yesterday, researcher International Data Corp (IDC) did away with giving expensive bags or trinkets for its 300-plus delegates. Instead, it listed Ave Singapore charities that delegates could tick,
          87 words
      • Article, Illustration
        HOT STOCK
        68 24  -  By\ Wong Wei Kong GES International shares jumped $0,095 to $0,665 yesterday on a hefty volume of 45 million shares, compared with its 10-day traded average of 15.7 million units. The stock has broken through its 52-week high of $0.59 but the RS4. Stochastics and MACD charts suggest
        68 words
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      Page 15 Advertisements Column 1
      729 15 As the financial derivatives market in Singapore continues to grow and with increasing product complexity, the problems that arise from the use of financial derivatives are likely to increase. Losses resulting from the failure of financial institutions and corporates to understand the risks, or to control the risks, of financial
      729 words
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      Page 17 Advertisements Column 1
      215 17 Golf Packages Return air ticket I ferry ticket All transfers to golf courses airport (Selected programs) 2 or 3 nites accom. daily breakfast caddy/buggy fees at popular golf courses^^H^*^*-' BINTAN $250' PERTH 958 (Banyan Tree /Bintan (Joondaiup Vines lagoon Ria Bintan) Meadow Springs) BANGKOK $698 GOLD COAST $1188 (Bangsai Country
      215 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      149 18 .rieuus travels fast l\ Sl\( i U'ORI when \on want t(» roach out to a Ship Sales A: lankcr Rates, \ircralt Arrivals select tiirt!et audience in the transport and logistics Departures. Regional Weather Reports, l ocal Ships in B industry, only one daily offers you the advantage Port I pdate.
      149 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      110 20 NOTICE IS HEREBY GIVEN that I, TAN SU ENG of Bik 402, Jurong West St. 42 #04-513 Singapore *****2, have applied for a Retail Liquor Shop Licence in respect of M/s Lim Chu Kang Mini Mart located at No. Bik 3 Lim Chu Kang Road #01-518 Singapore *****3, and that
      110 words
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      Page 20 Advertisements Column 2
      104 20 NOTICE IS HEREBY GIVEN that I, TOH JOON HENG of Bik 450, Sin Ming Ave #20-505 Singapore *****0, have applied for a Retail Beer Shop Licence in respect of M/sToh Xuan Trading Services located at 960, Woodlands Road #02-Kl Singapore *****2, and that this application will be considered by the
      104 words
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      Page 20 Advertisements Column 3
      110 20 NOTICE IS HEREBY GIVEN that I, EDWARD BIN CHUNG YIU of 450 Corporation Road *08-04 Tower 1 Pare Vista Singapore *****0, have applied for a First Class Beer House Licence in respect of M/s Quayside (Beverage Pushcart #7) located at 3E River Valley Road #01-13 Singapore *****4, and that this
      110 words
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      Page 20 Advertisements Column 4
      75 20 QOCBC Finance OCBC Finance Limited (Incorporator In Sln<ppOf«) A Member at OCBC Group ANNOUNCEMENT Pursuant to Article 32(4) of the Articles of Association of the Company, it is hereby announced that from declarations received by the Company as at the end of the first quarter of 1999, beneficial ownership of
      75 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      107 22 NOTICE IS HEREBY GIVEN that I, YEW CHIEW PING of Blk 2508 Compassvale Street #14-67 Singapore *****0, have applied for a Public House, Second Class licence in respect of M/s Kohi No Aoyama Cafe located at 95 South Bridge Road #01-08 Pidemco Centre Singapore *****7, and that this application will
      107 words
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      Page 22 Advertisements Column 2
      109 22 NOTICE IS HEREBY GIVEN that I, LIM JEW KIAT of 1 Sin Ming Ave *26-01, Flame Tree Park Singapore *****8, have applied for a Beer House, First Class Licence in respect of M/s Fiesta Filipino Karaoke Bar located at 304, Orchard Rd, #03-23 Lucky Plaza, Singapore *****3, and that this
      109 words
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      Page 22 Advertisements Column 3
      144 22 NOTICE IS HEREBY GIVEN that I, HO KOK KIONG of Blk 31, *04-503, Lower Delta Rd Singapore *****1, have applied for a Retail Beer Shop Licence in respect of M/s Choon Huat Store located at Blk 66, #01-28 Eng Watt Street Singapore *****6, and that this application will be considered
      144 words
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      Page 22 Advertisements Column 4
      106 22 NOTICE IS HEREBY GIVEN that I, NG SEN HONG of Blk 442 Pasir Ris Dr 6 #02-38 Singapore *****2, have applied for a Retail Liquor Shop Licence in respect of M/s Meng Song Trading located at Blk 133 Jalan Bukit Merah #01-1518 Singapore *****3, and that this application will be
      106 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      311 24 Tat Lee Bank I I Keppel Tat Lee Bank Limited I Announcement I Foreign Shareholdings H Keppel Tat Lee Bank Limited hereby announces, pursuant to Article 44(4) of its Articles of Association and based on declarations received by the Company and information supplied by The Central Depository (Pte) Limited, that
      311 words
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      Page 24 Advertisements Column 2
      692 24 DBS investor Online The daily cliary of Asia s markets Get informed 433-1183 XIXISBANK PENGUIN BOAT INTERNATIONAL LIMITED NOTICE OF ANNUM. GENERAL MEETING Node# is hereby given that the 1999 Annual General Meeting of the shareholders of the Company will be held on Tuesday. 18 May 1999 at 10.00 am
      692 words
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      Page 24 Advertisements Column 3
      679 24 m THt DCBT RBCOVSRY TRIBUNAL AT CNINNAI Ipwcir Ttwm, Sth Floor, 7TOA Anna liM, Channai SOO 002 IA No 270 of 1999 IX No 271 of 1999 m OA No. 111 of 1999 UCOBank. Serangoon Road Branch. 20/28 Duntop Straat. Singapore *****4 Applicant Petitioner Va. M/s. Prajac Trad* Pte Lid.,
      679 words
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      Page 24 Advertisements Column 4
      287 24 IN THE MATTER OF THE COMPANIES ACT, CHATTER 50 AND IN THE MATTER or JMT JEWEL CONSULTANTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of m Extraordinary General Meeting of the members of JMT jewel Consultants Pie Ltd held at 8 Robinson Road •08-00, Cosco Building. Singaporeo4Bs44on
      287 words
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      Page 24 Advertisements Column 5
      716 24 M TNB OUT RSCOVEKY TRIBUNAL AT CMCNNAI B»awcer Town, Mh Floor, 770 A Anns Saloi, Choanal MO 002 IA Noa 287 and 288 of 1999 in OA No 112 of 1999 UCO Bank. Serangoon Road Branch. 28/28 Ouniop Street Singapore *****4 Applicant Petitioner Vs M/s Skintop Leathers Pte Limited and
      716 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      309 25 Bridge News, Reuters TRADING began slowly for all sizes on the freight market with reports of Panamax activity limited, while capesize rates continued to fall. A tradeless morning on Biffex, with limited impetus from either the physical or the paper market, Clarkson Securities Ltd said in its daily
      Bridge News,; Reuters  -  309 words
    • Article
      MARITIME STOCKS
      256 25 *r_o a CWT Distribution.—0.65 u»Kh Cotco Invaitmant—0.56 unch 19 rraMttLMu 0.21 0.01 14S9 GBHoMngs 0.4S aoi 87 Hal Sun Hup 0.54 unch <00 IMC HsMlngs-HK —540 until 0 Jaya Holding! 041 0.02 1268 Jurona Shipyard 7.40 a 05 M KappwCorp 5.10 020 4506 KWMirtlS 3.60 0.08 2535 KappM
      256 words
    • Article
      Korean shippers join Asian protests against rate hikes
      614 25  -  Transpacific group's plan to raise rates from May 1 has also attracted attention of US regulators By Felix Chan [SINGAPORE] The Korean Shipper's Council (KSC) has lent its voice to the growing protests among Asian shippers on the forthcoming rate increases announced
      614 words
    • Article, Illustration
      APL to handle logistics for GM's Thai plant
      162 25 [SINGAPORE] APL Logistics has formally signed a contract with General Motors (GM) in Thailand to handle inbound logistics for a new production plant being built near Bangkok. APL Logistics will manage the inbound flow of parts for the new GM plant 150
      162 words
    • Article
      Tanker design is no easy task
      608 25  -  STRAIT TALK By\ Seafarer SOON after last week's column on the potential problems of double hull tankers was published, the latest edition of Det Norske Veritas's (DNV) Casualty Information arrived on Seafarer's desk. The Norwegian classification society puts out these useful information sheets to
      608 words
    • Article, Illustration
      Lock icon Kvaeraer to sell shipbuilding unit in bid to slash debt
      427 25 Group will also sell other assets, cnt workforce Bloomberg [OSLO] Kvaerner ASA, Europe's No 1 shipbuilder, said it will sell its shipbuilding division and other assets, cut costs and slash its workforce by one-third in a bid to reduce its
      Bloomberg; AFP  -  427 words
    • Article
      Lock icon 4 bids for Indon port operator
      195 25 AFP (JAKARTA] Indonesia's government has received four foreign bids for a 49 per cent stake it is selling in Surabaya's state-run port operator PT Pelabuhan Indonesia 111, officials said yesterday. The four were identified as Stevedoring Services of America (SSA) Samudera Indonesia, Fontain Head
      AFP  -  195 words
    • SHIPPING NEWS
      • Article, Illustration
        Lock icon Australian dock union sees wage pact with P&O soon
        485 26 But agreement with Sydney conld take longer, stevedoring firm says Reuters [SYDNEY] The Maritime Union of Australia (MUA) expects new agreements and the reforms they embrace with the nation's largest stevedore P&O Australia to be in place by the end of
        Reuters; FILE PHOTO  -  485 words
      • Article
        Philippine lines hurt by lower volumes, peso's fall
        299 26  -  hYorn, Al Labita in Manila LOWER freight volumes coupled with currency fluctuations exacted a heavy toll on last year's income performance of two listed Philippine shipping giants. After-tax profit of WG&A Philippines Inc slumped 56.8 per cent to 345 million pesos (5515.7
        299 words
    • Article
      SHIPPING SCHEDULES INDEX
      314 26 PAGE I Frt Links 12 I ami 3 G Link 4 8 Gemartrans 8 Ahrenkiel 12 !> AASCO 4 Ctory M«v 12 SSoa s h »p Appensh.p 5 £2" Austr4( 8 Si Awant 12 H6UHQ A J,"' M Hoeg* 13 HubLioe 12 BTL 12 HUAL 13 fiiLc
      314 words
    • Article
      SHIPPING GUIDE
      18652 33 THEBUSINESSTIMES EXPORT ETA ETA Vassal Voyaga Talaphona I ETA ETA Advartlsar Vassal Voyaga S.N D~,n Nam. Nam. Norr,.*, Numb., SIN D~tn Nam. llama Nun** I it/04 21/W MOL PARANA CHALLENGER 4*02A 65-****** 21 To ABIDJAN (ABJ) 2003 Cot# D'lvolrt 2*/m 24/05 csav ikaruga ows a-msns n 22/04 06/06
      18,652 words
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      Page 25 Advertisements Column 1
      21 25 Aussie dock anion sees wage pact with P&O soon But agreement with Sydney could take longer, stevedoring firm says. Page 2
      21 words
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      Page 25 Advertisements Column 2
      201 25 Oneworld members aim to strengthen cooperation Global airline group launched last week. Pace 15 On the right track In conjunction with Inter Airport Asia and Exporail Asia *99 Shipping Times comes today with a three-page supplement. It highlights recent trends and developments in the Asian airport sector and how it
      201 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1097 26 I NORTH AMERICA I I EXPORT 1 OTHER DESTINATIONS I SSX BUPER SHUTTLE EXPRESS PHMECT TO IA WEST COAST Of COfTWAL MMMCA *ARQARfTA SERVICE) vor En sm nssM iw mi hod ok «t moman »g» JBL P— J—UUtJB. f HIHi —IM. M OOQOW> jTku uTH W7ST */m m/m m/m M/M
      1,097 words
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      Page 26 Advertisements Column 2
      756 26 Lines services represented by Members of the Registry of Accredited Shipping Agents Singapore Shipping Association Members ot the Sngapore Freight Forwarders Association SEMBAWANG KIMTRANS (S) PTE LTD CONVENTIONAL SERVICES JL r- A, SINGAPORE to BATAM, BINTAN, KARIMUN 5 z SINGAPORE to BANGKA ISLAND A m SINGAPORE to CILEGON SAMARINDA/BAUKPAPAN/BANIARMASIN TO
      756 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1072 27 TO EUROPE FROM EUROPE i VKSa VOT SM ITM 4NR KAJR MV SOU FTT lEH IvKSB VOY 1 ETM AM HAM IRV SOU FIT UH SI I MOSEI 524W 14/04 01/05 04/0$ 07/05 00/05 API AUAANDOC 3071 27/0) 24/03 25/03 22/03 15/04 NOl AGATE 012W 10/04 00/05 00/05 11/05 05/05
      1,072 words
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      Page 27 Advertisements Column 2
      2005 27 <g) HANJIN SHIPPING Ilk F U i MsMr<Lw -Uk 23)0730 hanjmwmm(S)mire h»//— mpm* am *****2*231 ooaiMßn ********** owmiows ******251 mamum m/oss hi mm aM: *********** TO NW USA A CANADA USA CANADA* mv&/vor oam Ism unihjua/voy su riw kn pm oo Sf fif off kh pit mm typ ra Tin
      2,005 words
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      Page 27 Advertisements Column 3
      479 27 HILLY CONIAIWUM P PIPKATIP f»VI C f vtssa wr_ mw m m ja_ jni_ jW I —I jSs Ii3LI iffeH MKHMCM6 WSS 11/04 IVO4 W» IVO4 11/ M IMM H/M *3*4 1W I Ittfil MKWISAO WSS lj/04 WW W W<MJ IrgfrTffi mul fo I feg I TO IMI H/fil MWA
      479 words
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      Page 28 Advertisements Column 1
      1432 28 DSR SENATOR LINES TO UK/CONTINENT TO MEDft'EHHANEANCANADA Wf tm lew BTM urn tun mt ax vtntL Ivor "wT" an tn roi vie mth THAOt ETERNITY won 1(M MH HH UK «7.« MM PATHOS SENATOR WWII It M KM MM MM MM MM HMUNMMZLOMA WWII M M 07M M M 18
      1,432 words
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      Page 28 Advertisements Column 2
      825 28 tkAM MAC-NELS S PORE M'SIA U7?T!sJ Carrier: MN CONTVI UNES, INC oudang: cot) smctm 1 IV/ J Cm NO. IIOM7MOOM SIBU: (084)*****0 MAMLA: (632) *****24 PENANO: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P KELANQ: (03) *****77 JKTi (21) *****07 MON: (61) *****3 KUCHXQ (062) *****1-3 CALCUTTA MADRAS MV
      825 words
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      Page 28 Advertisements Column 3
      471 28 LINE Br THi I»M4M lUi lIMIII 1 MUABA 1 LABUAH vnsa wt mi m vtssa vot no cta SPOM MUAIA SPOtf UM CABAAA mm VNE/M 15/04 11/04 CMUU *132 VW/W 15/04 10/04 JPWSPB VQK/44 20/04 2S/04 JPtOSKI VW/ff 20/04 74/04 (AIAAA JN33? VO4I/44 IS/04 21/04 CAIAKA JN322 VOK/W 2S/04 24/04
      471 words
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      Page 29 Advertisements Column 1
      1278 29 [VESSEL VOY HKO BIN PKO PQB DXB DOOM I SHJ IBA BIK HUN TEYFOUM PJLI34O 12AM 21/04 22/04 23/04 20/04 27/04 IRAN BAAKERt PJLI34I 16/04 19/04 28/04 20/04 30/04 02/00 04AM MAN SHAHRIAR PJLI344 23/04 26/04 06/06 06/06 07/06 00/06 11AM MAN BAABAEI PJLI346 30/04 03AM 12/06 13/06 14/06 16/06
      1,278 words
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      Page 29 Advertisements Column 2
      2167 29 Sflillnf ft# Mm H D|ib««ti (¥i« NlMi) j I SINGAPORE'S GINERAL AGENTS: 6 SHENTON WAY TIL 226 1900 FAX: *****08 OUTWARD COCTAR SHIPPING PTE LTD IW-ORDRSRIDC SAUS/BRGS *****57/60 INWARD MPT 10/O) *****85 COSTAR AGENCIES (M) SDN BHD CR NO; **********081 TOWtt TWO (06M09) COWVtNTIONAI *****50/55 T/SHfMT Dtr *****25 TIL 02-07-35
      2,167 words
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      Page 30 Advertisements Column 1
      1319 30 EUROPEAIK/SCAWDtNAVWnNLAIIO/RUSSm S6P ROM ANW HBG THP ZEE LHV LNV TNP ROM MtW HN PH SGP E DIADEM RW-006 17*4 07*6 12*S BMB 10*5 11/05 12*6 E. ROUND RE 038 11/03 20*3 19/03 21/03 23*3 15/04 10*4 E DAINTY RW-818 25/04 13/05 IMB 15/05 17/05 18/05 19/05 NUOVA GENOVA RE-022 20/03
      1,319 words
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      Page 30 Advertisements Column 2
      627 30 f gggQII PACIFIC INTERNATIONAL UNES (PTE) LTD I ssssssm i*oc«ci9*iat.#a3-oopiLßi*d«aSng*waooe64o. CR NO inrwfw7fx«xig I I vpr m _ji_ m srp m mi la/Bfil^^t^Mllj^ I fig; I rami? j 5 I I 111 l 1 An OTT mc Mft TK |S ST~ Igg ii Iff IK Ift i ag KIKI ivissa
      627 words
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      Page 30 Advertisements Column 3
      414 30 NANTAI LINE FULLY CONTAJNBMSED SERVICE TO MAURITIUS SOUTH AFRICA TSSfI ~VOT 1 SI 1 PUi 1 DU» IJW (FT Kl BUBMgOI tons 17/04 ?S/D4 2VP4 01/05 (Q/ttS yWMQUffII Y.034S 21/04 04/05 10/85 13/05 14/05 14/05 lAMBI DtAGOII HOI3S 04/05 IS/OS If/05 22/05 23/05 vmim <0345 11/05 24/05 30/05 02/QI C/H
      414 words
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      Page 31 Advertisements Column 1
      492 31 iBSAx MMK MYANMA mHk FIVE STAR UNE (MyoHNrar Natioaol Lino) Loading for Yo»go« (Rangooa) YKSB VOY SM PKL PBI PGU OAGO VIO9W INPT MALAYSIA AGENTS; DOUSTfAD SMPPMG AGfNCKS RUL IB (M) *****00 PRL TB (03)37*4101 PBt TB (M) *****02 PGO: TB (07)*****21/4 BANK LINE (A s«rvin of Aadriw W*ir SMppteg)
      492 words
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      Page 31 Advertisements Column 2
      1328 31 HMNE_H]HJNDAj_MERCHANT MARINE CO., LTD. Ivesa wt|sn|sou|uh|rim|ant|ham|orv|fbl Ivesa »py| son uh rai ant imm m n. ITT THAMB SS4W IS/M 03/05 M/M M/M M/M HAAS 5* 24/RS 27/ M 21/03 23/W U/S MOSB 524W 14/04 07/05 01/05 02/05 04/05 Afl AUUNDM 3071 73/03 27/03 24/03 25/0) 15/04 NOLAGfIf 012W 14/04 OS/0S
      1,328 words
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      Page 31 Advertisements Column 3
      1011 31 1 vmxjtimd oukxomtn Wilhelmsen Lines TO NORTH AND LATIN AMERia 'RORO HEAVYUFT SERVICE* (VB» VOY RAMP HBGW SJH m eg MIA SAV IMI I 0»f lire MW «n. TOURCOM6 fw 4001 ms «jm 26/04 25/05 03/06 m/m 1W" Ti7oT T575T T77ST Ti7iT~ WflOU F9lO 400 6.3 M 11/05 10/06 19/0*
      1,011 words
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      Page 32 Advertisements Column 1
      701 32 IAMfIKOKW TA PHUT/LAKM CNABAMOI J A K A NT A/PA N J A NO VESSEL VOY S4N BKK MTP LCH VESSEL VOY SIN JKT PJN NANTA BHUM** 441N In Pt 17/04 18/04 GURU BHUM 124S In Pt 18AM KOTA HABTA HTAOI9 15/04 18/04 GURU BHUM ***** 18/04 18/04 YANTRABHUM 286N
      701 words
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      Page 32 Advertisements Column 2
      36 32 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 MUARA I Also accepting Heavy Lift Project Cargo Tel: 65-276 7996 Fax: 65-276 3740
      36 words
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      Page 32 Advertisements Column 3
      512 32 INDONESIA NATIONAL LINE TO AUSTRALIA "H IWOOWPUW«WBE«yiCg *L |vw| hm ailwl—|CTn| |it| mi 1m" mmaam lialßauMi »/»»m c/w w/e mctuumi wmiHi la/w m/w w/m v/n li/ts ii/m u/w m.f*m lie bvMii/Ml n/w u/h i//» n/w IftMHMtX) his fc»/«w/wilt/Ml iTI/nIK/wU/Mpi/tsl FEEDER SERVICE TO INDONESIA www mmn ilhmmm ■MM OM» i«M/n U/M
      512 words
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      Page 32 Advertisements Column 4
      894 32 VESSELS VOY Paw PKL JED MLA LB4 FTTM HAM I ZEE I 90T VWXE DC TAWYA T3IW IWO4 21/04 28*04 04*06 10X06 11/06 13/06 14/06 15(06 VHE OE TAURUS A3IW 27/04 2&04 06*06 11/06 17/06 18*06 2QQ6 21/06 22/06 VME PAQUAWUS U3IW OaP6 Q4*o6 12*06 17/06 ~a>o6 24/06~ 26W6 27/06
      894 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      44 33 —rt (Retrieve more schedules!) Press "1" Select the port and key in the four digit code eg: To New York (NYQ 2275 !*> Key in your fax number I your phone number Another (mtovstivt nrvic* offered fay C document Will be I SHIPPING TIMES I
      44 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      139 35 \/*>' \?p*i 'i&h i~''% < iill ***** vfl 11H11M Miterftiti ii^iiiitLjiJßEm (FOREST PROOUCTS SERVICE) FROM: U.K./ CONTINENT/ MIDDLE EAST TO: FAR EAST EVRQft HRVKt vtssa/voY s* mm chaiang mama howgkong hhujng OCEAN QUEEN 25/04 5" S/04 DONVONI6 13/04 17/04 22/04 ummm for PASQUAI! ■MN/sni/iuBMM/Mmmp ■MATitt- HSM (M) SON MO TAWAU
      139 words
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      Page 35 Advertisements Column 2
      174 35 n*3®®®^^^WTfIHfITTTWTSTTTWnffIIT!EPSWIF]^MBI I SHIPPING LINK k 1 .#ll |4 111 L' ■iVI .II I ini|l I LIBYA BENGHAZI TRIPOLI vtssawi I votwo I wow mwwb kwi WW dot lowua iwpou rmomi ixo oixw imw 22.04.99 *mti imw »w.w 01.0199 MMBB 1341 09.04.99 If MM 79 04 99 lIMHBB 7104 W 01
      174 words
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      Page 35 Advertisements Column 3
      152 35 Kz, ESP LINES WitKir LCI AMP FCI SEKYICE must HSQ CWTTMOM, MAMAS lAJKKM, NOMC COM MINKNTTBMI KMHAY. OOUMM JAKAIT/LIMU AffTWRT, FBJERNK CMOffTi HO OB—imunww REGULAKCONHUMMSED MDONBIAM SERVKI vßsayvoT<5 T^s^r T =s sx S.OMU/V4 IM4 11/ M IVH WMMI/WMM U/H IV» I nomym/iiw/w \u* iy» n/n WNMIfIWMM 13/H \k/¥ S.qiMM/17} IQ4
      152 words
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      Page 36 Advertisements Column 1
      564 36 I VESSEL VOY SIN MAA^sU^I TK3ER SEA 701N 16-17/04 23-25/04 30-01/05 I TIGER BAY 702N 20-20/04 27-29/04 04 05/05 I TIGER ISLAND 703N 23-24/04 30-02/05 07 08/05 I TIGER PEARL 704N 27-27/04 04-0605 1112/05 I TIGER SEA 705N 30-01/06 07 09/05 14 15/05 I TIGER BAY 706N 04-04/05 11-13/05 18-18/05
      564 words
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      Page 36 Advertisements Column 2
      1014 36 FREIGHT LINKS EXPRESS Tol: *****66 (60 Lin«s) Fax: *****33 E-mail: flasinOsingnat.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
      1,014 words
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      Page 36 Advertisements Column 3
      853 36 OOCL (Sinoooore) Ptc Lid CFS Kcooel Pisfrpk 45 Chdh St OGKCIr #42-40 *****13 *513 #01-121 11 <m011l7«7aOOOOM M; 272 7527 fat 43*33*3 Fax: *****44 Orient (Xeneas Container line (Malays) Sdn Bhd (Rag Noc *****2-UI of iPfTAUNG JAYA fat 03-754 7774 Fax: 03-754 4457 1R IPENANG fat 04-*****45/1 Ft* 04-*****43 43/81
      853 words
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      Page 36 Advertisements Column 4
      145 36 FULL CONTAINER SERVICE SIM ritffl OUDAHO SIN DAILY SAILINGS [VESSEL I VOY I ETA PC I DAY I VOY \ETAUH IMY I W7ll I IUMygQ HIE 0071N U/Q4/16 IM— I Accudng UC ergo A Hi 55C WWTIGBq AGOfTS: PANCON SHIPPING A MARINE SERVICES PTE LTD. TEL: 5M6860 (6 LINES) FAX:
      145 words
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      Page 37 Advertisements Column 1
      1069 37 SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR MO. *****X***** TEL: *****88 FAX: *****20 (OUTWARD) *****63-4 (INWARD) /*****16 (IMPORT STATUS) TLX: R*****0 jOOKINBS CALL DIRECT LIME: 535 6266 Cell«/Je»»lca/M«l Chan/J«tlyn/DTi/lwy/Hani« WAAjMbMmmisSl 8 slgs/week every 4 days VtSSEI VOY SIN JAK mßmn' VOY SIN I~PU3
      1,069 words
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      Page 37 Advertisements Column 2
      956 37 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO HOtptPUtt/tw JgM. »/04 Oj&j M/PL MISL iiZSi JIM MIA. JIZ* JIZS|. JEM. IgZfi. Iffiffilf nm WW -20/01- M/M 04/05 06/05 17/ OS 11/ OS 40/04 11/04 04/07 11/07 11/>7 14/07 10/07 H/07 19/07 H9W /0W- 11/04 14m 14/04 14/04 01/07 04/07 MM
      956 words
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      Page 37 Advertisements Column 3
      535 37 CCC# Singapore Soviet Shipping CPL kVa *> i oosoMoom Muitifine Shipping PI W33) nwro^s*ta,| aiiitfsnMM VESSEL VOY SIN BOM PNQ PKL KOTARATU RTUO4I 18/04 23/04 06/06 01/06 KEOAH 128N 21/04 26/04 10AM 11/06 KOTARUKUN RKNO36 26/04 06/06 16/06 17/06 tnwa m cjueroTig" KOTA RETAIN PTMO2S IS-17/M 22/04 3C/M SEA SUCCESS
      535 words
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  • SHIPS IN PORT
    • Article
      CONVENTIONAL WHARVES
      767 38 Vifi Voy Wo Antral 0«p*rturt J*N|M AmOlyU A 9904 J06 MongMt* 13.04/2300 AMaUS I 03/99 J02 itongsxM 13 04/1500 Hnfllirw 52 J07 Matqud* (4.04/0600 MM Corl 7A J23 attn«w» 16.04/1200 K Mriial *****9 J01 tonqsxk 13 04/2300 taar *****9 J01 MmnxM 13 04/1800 H n 4288 0699 J01
      767 words
    • Article
      CONTAINER SCHEDULES
      1724 38 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booking/BoUnco Rstls Ship Voy No Etb/Btr Ported From To From Aci Deny 02M M/OTM U U/HM U/MM 13/1*00 tynoo u/mm u/hm a u/ttm M/otM m/owo 2* O/I700 M/OtM M/OWO 3 M/07M M/nM M/MM 4 M/I2M M/MM M/!7M ion h/itoo u
      1,724 words
    • Article
      GLOBAL HOLIDAYS
      187 38 Apr 17 Brunei: Hijrah Anniversary of Royal Brunei. Indonesia: First Day of Muharam. Malaysia: Awal Muharram Apr 28 New Zealand: Anzac Day. Apr* Australia: Anzac Day Holiday. Apr 33 Japan: Greenery Day. Apr 30 Denmark: General Prayer Day. Finland: May Day Eve. ■Uyl Greece: Labour Day. Germany: Labour
      187 words
    • Article
      COCKETT BUNKER MARKET REPORT
      739 38 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 baaed on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
      739 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      393 38 Carta* WO Mm 9*5.1 14 19.1 0.10 M 0.05 A*rO DMltY Water 8mMm Art «■*<■ MM No akow £25 t 1 W 0 0 0 1 300 Aw 9854 0.4 12-5 0.07 40 0.02 taZ 380 Mu 994.2 14 152 0.11 250 OAS K/W1 »9Ar »M/M
      393 words
  • Page 38 Miscellaneous
    • Miscellaneous
      Page 38 Miscellaneous Column 1
      128 38 M *vj w: i H LEGEND: R Thunderstorm Temperature c X\ J. Weother Wind direction with speed m knots e Rom >_✓ Cloudy Sky Wove height Surfoce winds ore mdkoted by orrows which fly with the wind One fui circle represents calm or light ond variable wmch i_» One holt
      128 words
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  • AIR & LAND TRANSPORT NEWS
    • Article, Illustration
      Oneworld members aim to strengthen cooperation in region
      615 39  -  Global airline group launched last week amid intense competition, economic downturn By] Felix Chan [SINGAPORE] The launch of the oneworld alliance last week marks the latest entry of a global airline grouping muscling into a region characterised by intense competition and economic
      615 words
    • Article, Illustration
      Lock icon On track to 250b yuan investment
      52 39 [BEIJING] A train in Beijing passes through the heart of the city to get to the main railway station. China is expected to complete investing 250 billion yuan (5551.75 billion) in railway construction by end 0f2002, extending the railway lines beyond 70,000 kilometres in
      AFP  -  52 words
    • Article
      Lock icon Bankrupt Kiwi airline's appeal delayed
      230 39 Bloomberg [WASHINGTON] Kiwi International Air Lines must wait another week to make its argument in an administrative hearing that it should be allowed to resume flying. The US Federal Aviation Administration revoked the carrier's operating certificate last month because of safety concerns, one day after
      Bloomberg  -  230 words
    • Article
      Lock icon JAL doubles flights to Indonesia
      124 39 AFP [JAKARTA] Japan Airlines Co Ltd has doubled its flights to Indonesia from seven to 14 weekly despite growing concerns over the security situation, a report said yesterday. "We are expecting at least a 10 per cent increase in the number of Japanese visitors to
      AFP  -  124 words
    • Article, Illustration
      Lock icon Travelling light
      60 39 [BOMBAY] Visitors to a car show look at an indigenously produced, battery operated three-wheeler called Bijlee (Lightning). The vehicle marketed as a taxi runs on 12 batteries of six volts each and is said to be totally nonpolluting. The four-day exhibition showcasing the latest cars and bikes meant
      REUTERS  -  60 words
    • Article, Illustration
      Lock icon Boeing expects to slash costs of plane production
      522 39 Plane maker will also sell real estate in Seattle, Long Beach and St Louis Reuters (CANBERRA] Boeing Co said it could significantly cut the cost of aircraft production. The company, which lost US$l.B billion (Ss3.l billion) in 1997 and generated minimal profit
      Reuters  -  522 words
    • Article, Illustration
      Higher turnout forecast despite economic downturn
      240 39  -  By Felix Chan [SINGAPORE] Organisers of Inter Airport '99 Asia, which takes off today at the Singapore Expo, are predicting higher exhibitor and visitor numbers despite the Asian economic turbulence. Despite the downturn, airport developments have been relatively unaffected, and exhibition organisers Interfama Brooks
      240 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1415 39 an ruern eta fucht no MM* AM230 *00 Mw>i SW 1MB MW WW I UM301 fMO MMMHK COS 2045 CDS 0135 I M rwr« 1310 VN742 0905 I MMM» SO23 0705 UN 2300 S0175 M30 $0176 M05 6A973 0945 W740 MIO MB MM M91 BIO M92
      1,415 words
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  • Inter Airport' 99 Asia
    • Article, Illustration
      Safe air travel
      825 40  -  The millennium bug, also known as the Y2K bug, may not be as menacing as it sounds, given the massive efforts spent to resolve it By DONALD URQUHART A large and nagging bogey is hanging over much of our increasingly computerised world. Going by the name Y2K
      825 words
    • Article, Illustration
      Lock icon Atlanta flying high
      798 41  -  Hartsfield International Airport, in the "capital of the New South" has wrested the titlefrom Chicago's O'Hare Airport. By LARRY COPELAND Somewhere, William B. Hartsfield must be smiling. The six-term mayor, whose name graces this city's airport, weighed the future 75 years ago and guessed that air traffic
      REUTERS  -  798 words
    • Article
      Lock icon New links to airports
      745 41 Mass rapid transit systems are being extended, to major airports in Asia and the Pacific Rim to provide efficient mode of land transportfor air passengers. Source: Interfama Brooks Exhibitions is increasing I global attention on JL the need to integrate air and rail services to provide
      Source: Interfama Brooks Exhibitions  -  745 words
    • Article
      Major Asia-Pacific airport projects
      736 41 Fpllowing is a listing of various airport projects throughout the Asia Pacific region. Cambodia Airport: Siem Reap Status: New US$5OO million ($B6O million) airport with start of construction after 2000. Phnom Penh-Pochentong Expansion under way; new US$l2O million passenger terminal planned. Bangladesh Airport: ChittagonePotenga Status: Being
      736 words
    • Article
      Second show for the airport industry
      172 41 Singapore's brand new $220 million Expo exhibition and conference centre will be the venue for Asia's biggest air-port-industry exhibition. About 100 exhibitors comprising suppliers of airport equipment and aircraft support technology will be showcasing their products and services. TTie three-day exhibition will also include
      172 words
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      120 41 Airport Rail Expos See the latest airport and railway equipment, technology and services aftrav* airport 1 lisio" The World's Premier Airport Exhibition i 1 1 1 Singapore Expo Centre 14 -16 April 1999 I Exhibition Hours: 1100 1700 hours daily Trade Professional only expoiOT(asia)99 The 4th Int'l Exhibition of Railway
      120 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      75 42 .A* V x One *ii'e fits all AEI... The right tool to provide total quality logistics to meet your supply chain management requirements. JSist Mesa A'Express !«*tematona Singapore iP*e _:ci Quality Worldwide Logistics Level.6 AEI DistnbU'on Centte Mo 1_ Sou:!' Street 2 S' cspoie *****0 I T e :65-- 542
      75 words