The Business Times, 30 April 1999

Total Pages: 58
1 58 The Business Times
  • 20 1 THE BUSINESS TIMES MIT A (P) 04*1/12/98 85c S I N (J A PORE InterrwV~hvfp;.< vWgfness-times.asial.com.sg/ FRIDAY, APRIL 30, 1999
    20 words
  • 65 1 STI 1818.41 (-18.67) Bfr-SU ***** (-11.69) SMSCI FUTURES M6JO (-6.20) f MLASEET MOOD; STOCK MAHET INDICES Thursday Change KLSE COMP §6172 +7.09 NIKKEI Closed HANO SENG 11,***** +4131 SET INDEX 432.49 +927 JAKARTA COMP —490.99 +9.66 MANILA COMP —2,***** -216 TAIPEI WFJ -***** SEOUL COMP ***** -37.42 CLSA
    65 words
  • 81 1 POKKMBI USS St us$ itoo £(US$/S$ per S) 1.614 174S RURO(US$/S$ per E) 1.063 1M7 DM 1.840 0.924 YEN 119.0 1.428 KM 1800 9.447 HKS 7.751 0.119 BAHT 17.46 0.04ft RUPIAH 8,366 0.020 •St lo l«0 units PUME SATES SINGAPORE* 5.825 KUALA LUMPUR 11.50 JAKARTA 28.00 BANGKOK 14.75 MANILA
    81 words
  • 761 1  -  Akhbar's proposal to bny shares at steep discount has been approved: sources From Ruth Wong in Kuala Lumpur TWO lawyers from the Singapore law firm of Khattar Wong Partners are advising Singaporean businessman Akhbar Khan on a proposed deal to buy over
    761 words
  • 71 1 Reuters [NEW YORK] The Dow Industrial within shouting distance of 11,000 remained higher at midday yesterday, fuelled by strong cyclical stocks and government data showing employment costs remained under control. By Ipm EDT, the blue chips index was up 47.25 points at 10,892.70. But
    Reuters  -  71 words
  • 490 1  -  By i Conrad Raj [SINGAPORE] With Malaysian authorities expected to unveil proposals to Clob shareholders anytime now, what are the legal recourses open to investors unhappy with the options? A check by BT found that few of the 170,000 Clob account holders have
    490 words
  • 476 1 No imminent decision on reinstating EL in indices, it adds Bridge News [SINGAPORE] Morgan Stanley will not cut its Singapore weighting in the Morgan Stanley Capital International indices in favour of Malaysia, principal John Fildtes told Bridge News yesterday. He
    Bridge News  -  476 words
  • 352 1  -  'Gap theorists' optimistic following index's retracement By. R Sivanithy [SINGAPORE] Traders in Singapore were left breathless yesterday when the stockmarket plunged shortly after the opening bell. The Straits Times Index crumbled 56 points to an intraday low of 1,781.05, but then rallied to 1,818.49.
    Source: Bridge  -  352 words
  • Page 1 Advertisements
    • 124 1 DBBPE At yvor fingertips More investors are jumping into cyberspace to trade shares, Exec Money EM 16 Diverting for yvor future Are you saving enough? Find out in our new series, Exec Money EM 9 IPO triumph Poh Tiong Choon nearly trembled its offer price on the first day of
      124 words
    • 196 1 More reports, Pg 2 Hock Lock Siew: Why should Clob investors accept any discount? Performance of Clob shares: Then and now 25.7% of Land General with Clob investors BBBSbm flSBy Could your security access system stand up to the Millennium Bug? Imagine this: if your system is not Y2K compliant,
      196 words
    • 4 1 Market reports, Pg 22-26
      4 words

  • FOCUS ON CLOB
    • 970 2 Full list of all Clob shares rank NAME CLOSING PfWCES CHANGE APR 29. 99 APR 29. 99 SEPT 15, '98 SEPT 15. 98 TO KLSE ON CLOB APR 29. 99 (RM) (SS) (SO 1 Lingui Development 2.87 1.28 0.23 456.5 2 Public Bank Bhd Foreign 3 60
      970 words
    • 788 2  -  HOCK LOCK SIEW R Sivanithy FROM the looks of it, despite hints from the Malaysian authorities over the past two weeks that a "win-win" solution will soon be reached for Malaysian Clob shares, what is going to be finally offered might amount to
      788 words
    • 178 2  -  By' Ven Sreenivasan [SINGAPORE] Malaysian shares which were formerly also traded on Singapore's over-the-counter market Clob International have mostly outperformed the benchmark Kuala Lumpur Composite Index (KLCI). The KLCI yesterday closed at 668.72 points, some 70 per cent higher than the 389.08 points at the
      178 words
    • 174 2 25.7% Land General with Clob investors AFX-Asia [KUALA LUMPUR] Land General Bhd said Singapore shareholders of Clob hold the largest stake in the company with a combined interest of 25.71 per cent as of March 15. Chairman Wan Azmi Wan Hamzah said the company's shareholder value is not likely to
      AFX-Asia  -  174 words
    • 859 2 1973: May 24: The Stock Exchange of Malaysia Singapore splits into two. Jun 4: The Stock Exchange of Singapore (SES) starts operations. 1989: Oct 27: Malaysia announces delisting of KL stocks from the SES. Nov 9: Singapore delists local stocks from KLSE. 1990: Jan 2:
      859 words

  • SINGAPORE AT HOME & ABROAD
    • 470 3  -  Bat affected nations will take 4-10 years to regain position By. Audrey Tan THE worst may be over for East Asia, but it will take four to 10 years for the affected economies to regain their prosperity, Prime Minister Goh
      470 words
    • 434 3  -  MAXLBAG W Y Chan Singapore I REFER to the letter "Call to set up shareholders' association" by R C Cooper and the report "Singapore tycoon in bid to buy RMlOb of Clob stocks" (BT, April 28). The formation of a shareholders' association has been
      434 words
    • 132 3  -  Fabian Lee via Internet Singapore I AM a long-time investor in Clob and have stocks that were purchased during the 1993 bull run and on the last days of Clob, hoping to "average down". Having read all the "rumours" about KLSE's three proposals to resolve
      132 words
    • 48 3  -  Kian Soon Chua via Internet Singapore I REFER to the report, "Clob offer a test of market reaction, say investors", in BT yesterday. Do Clob investors have the option to reject the offer? If not, this is like daylight robbery!
      48 words
    • 384 3  -  MAT DAT MESSAGE ...but PM calls for cantion, saying there are still several areas of anxiety By i Carol Eng SINGAPORE'S "aggressive" cost-cutting last year was a success, but Prime Minister Goh Chok Tong remains only "cautiously optimistic" about the country's prospects over the next 12
      384 words
    • 200 3 SOME six in every 10 companies here project a wage freeze this year, said the Singapore National Employers Federation yesterday, urging cost containment as a way to pare job losses. Noting recent reports of economic recovery and some companies hiring staff again, SNEF
      200 words
    • 311 4  -  NTUC Choice Homes to foot conservancy bill for three months, contribute $100,000 to sinking fond By Marissa Chew NTUC Choice Homes is "giving" $500,000 to the buyers of its first project, executive condominium Simei Green. It will pay the service and conservancy
      311 words
    • 249 4  -  Govt will review regulations to make sure they're justified By Marissa Chew A STUDY by the newly formed Building and Construction Authority has found that stricter government regulations in Singapore add 3-5 per cent to construction costs. Disclosing this preliminary finding
      249 words
    • 333 4  -  Larger car to appear after marque's 'baby' Jag model By l Christopher Tan EVEN as it is just launching the S-Type "junior" Jaguar and has a "baby" model in the pipeline for 2001, Jaguar Cars is preparing a bigger successor to
      ARTHUR LEE  -  333 words
    • 363 4  -  EYE ON THE ECONOMY IMF Comment By, Anna Teo SINGAPORE'S "resilience" in the face of the large and adverse economic shocks triggered by the Asian crisis may offer lessons for other countries, says the International Monetary Fund. In an article on Singapore in the latest issue
      Source: World Economic Outlook  -  363 words
    • 307 4  -  By. Audrey Tan SINGAPORE banks have weathered the crisis with more resilence than banks in either Hongkong or Malaysia, a comparative study shows. Corporate Data Source (CDS), a financial information provider, concluded in the recent study that in terms of profit and turnover performance,
      307 words
    • 486 6  -  Increase in business and profits worth ownership dilation, rise in accountability By Eugene Low HOMEGROWN enterprises should aim for a public listing as this would benefit both themselves and the local capital market, said Stock Exchange of Singapore (SES) president Lim Choo
      CHRIS LOH  -  486 words
    • 450 6  -  Figure is almost doable Q1 last year; card spending up 8.6% for (Q this year Byi Clarissa Tan CREDIT and charge card bills continued to plague banks in the first quarter, as the amount of bad debts
      450 words
    • 347 6  -  By Soh Tiang Keng INTER-ROLLER Engineering chairman and former banker Lim Yong Wah yesterday suggested that a company's internal audit department report to the chief executive instead of the audit committee. In a keynote address to the 1999 Internal Audit Conference here,
      347 words
    • 32 6 Corrections clarifications THE centrespread map in our Property Supplement yesterday gave a wrong average price for apartments at Villa Martia. It should have been $735 per square foot, and not $539 psf.
      32 words
  • Page 3 Advertisements
    • 26 3 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. tCall C.A.T.S. at 1800-737-1166. Another Classified Service
      26 words
    • 85 3 r VjAh *tj .O'WV' <:&*•'"' > T» V> <r V. »> V- v t k i JV ft v- -tF <<i '\.:jk n i y i- i i .*v» j»' > r 'fe i; TV ,4» r a>> V jr >.J tjj. 1 v jffi r *'y 2 \'x£ «4
      85 words

  • Page 4 Advertisements
    • 65 4 This baby's definitely no cub, Pg EL 6 I Truth: I I bnly^SißW I additive. m kHI^ m R?" mr]M scoops scandals the Far Eastern Economic Review has never been i T W 7 Bjjfl^J is. Our I f Mil have make newsweekiy. J To events M f I V
      65 words

  • Page 5 Advertisements
    • 366 5 Two Great Companies A Bright New Future Announcing the official opening of the all new Rover Singapore A new importership, a new address and a fresh approach to sales and service.Welcome TltC dviv€ JoT pcvfcctiotl. to the all new Rover Singapore (the trading name of Midlands Auto Pte Ltd). ii,'
      366 words

  • Page 6 Advertisements
    • 201 6 ,fT 4 Skn^^y^Pf^Bf -w *Jt'i" 4 i'*£ifM -v a v mVkW> 1 |U A W .&i«My|Mß|H| Ek. fl .Jj Bfl PJI SBfe^S i flrr ii \JjiJ y». W^' v A HI Bfa, Ijjt ranger if^M Step out wi tk your colleagues at Singapore s Biggest Walking Event and Vyin! A
      201 words

  • Page 7 Advertisements
    • 24 7 z it m w 0 *>*<■ flp^p lib# k lbfe> GIORGIO ARMANI 5.X1 Orchard Road 01-11 Hilton. Sini>a|)<>r<' 1 l."»a. I.t*vt*l I. Plaza Scnavan. Jakarta
      24 words

  • ASIA OH THE MEND
    • 581 8 Half of funds raised via govt's bailout programme; analysts say more needed Bloomberg [BANGKOK] Siam Commercial Bank raised 65 billion baht (552.9 billion), half from the government's rescue plan, in Thailand's largest-ev-er share sale a one-shot bid to refill its coffers as loan defaults
      Bloomberg  -  581 words
    • 416 8 Bondholders to meet May 14 to decide on USsl.9b debt Bloomberg [JAKARTA] PT Astra International, Indonesia's largest car assembler, said it got a nod from its bankers but not from bondholders on its plan to reschedule US$l.9 billion (553.2 billion) in debt.
      Bloomberg  -  416 words
    • 669 8 Recent purchases point to confidence in Thai recovery; more deals to come Reuters [BANGKOK] In a clear sign that Thailand's banking sector may be on the path to recovery, foreign investors are queueing up to buy Thai banks. Standard Chartered Bank's purchase on Wednesday
      Reuters  -  669 words
    • 233 9 Reuters [SINGAPORE] Foreign direct investment (FDI) in developing countries in Asia has weathered the storm of financial crisis despite a modest 7 per cent decline last year, the United Nations said yesterday. "Although the region as a whole experienced a contraction and a
      Reuters  -  233 words
    • 397 9  -  Indonesian equities may also be starting to attract interest, say analysts By: Larry Wee [SINGAPORE] The Indonesian rupiah soared 1.8 per cent to end at a three-month high of 8,375 against the US dollar yesterday, as overseas players bought the unit for yield
      Source: Bridge  -  397 words
    • 565 9 Strength of recovery will be more certain by 2nd half, he says Reuters, Bernama, Bloomberg [KUALA LUMPUR] Finance Minister Daim Zainuddin expects Malaysia's economy to consolidate by the second half of 1999 and grow by as much as 2 per
      Reuters,; Bernama,; Bloomberg  -  565 words
    • 167 9 Fond will be joint venture with US ventnre capital fond Reuters [KUALA LUMPUR] Malaysia's Khazanah Nasional Bhd said yesterday it is studying a proposal to launch a US$5O million (SsBs million) fund to help high technology entrepreneurs in a joint venture with a US venture
      Reuters  -  167 words
  • Page 8 Advertisements
    • 204 8 m r i Intelligence T II A ,"&>/"V You can measure speed, weight, distance. v But how do you measure beauty? <- $4>:' a I i IflHß^. r Twfrr J ir' *fr"' j Ik^. *ijwmw:*Ml I HI im PI .j> V V i 'W" *y >j 1 They say that
      204 words

  • Page 9 Advertisements
    • 164 9 tfe* elligence inspiration. The New S-Class. S"j|: 5,1 ■■L V i *-"<*» 1 1 f fiSM Ik 1 1 1 WW'PP 1 11,1 fflr HiißlliillWtttiiiiiiiii I "y, i i I u u P* WWWVE 1 x£Cc**yte.gcVbc'fc■ ~*rX3l^3gaW3lW^»MßB^^%y»<?-3&aßKHKSEgviBt?^>arJiMlT) d driving companion. the ability to respond to you intelligently. in front. (Available
      164 words

  • SOUTH-EAST ASIA
    • 831 10 Gone missing after KL probe into firm's RM3b loss? It's all media hype, he says NST (SINGAPORE) Millionaire industrialist and former managing director of Malaysia's Perwaja Steel Eric Chia has defended deals made during his seven-year tenure at the national steelmaker,
      NST  -  831 words
    • 545 10 THE HAGUE Top court upholds UN rapporteur Cumaraswamy's immunity Reuters THE fate of several defamation suits by Malaysian companies including those linked to tycoon Vincent Tan against a United Nations official hung in the balance yesterday, after a World Court
      Reuters  -  545 words
    • 465 10 MANILA Manila tycoons building up reserves for bargains Bloomberg HENRY Sy, owner of a US$l.7 billion (552.9 billion) stake in SM Prime Holdings Inc, the Philippines' biggest shopping mall developer, is betting his future on land not stocks. In recent months, Mr
      Bloomberg  -  465 words
  • Page 10 Advertisements
    • 285 10 Success With Small Business ciuccfss ChanPakChuen ISBN 981-04-1116-2 April 1999 5519.00 A?/ tlth LX ALL This book imparts critical experience to small business owners who would otherwise s j n e have to learn the hard way. A Must Read For All Aspiring Entrepreneurs. You will leam: How to identify
      285 words
    • 1007 10 r(000'8 omitted) (000'8 omitted) As On As On As On As On 31.03.98 31.03.97 31.03.98 31 03 97 RS RS RS RS I. CAPITAL LIABILITIES INCOME Capital 637.97.28 596,72.93 Interest earned 3935,79,62 3513,39,20 Reserves and Surplus 1677,15,48 1342.20,65 Other income 579,94,89 490,16,40 Deposits *****.61.86 *****!60!91 TOTAL 4515,74.51 4003.55,60 Borrowings 1557,48,20
      1,007 words

  • CHINA-HONGKONG-TAIWAN
    • 604 11  -  Alternative plan financially inferior to that involving Pacific Century: govt From* Quak Hiang Whai in Hongkong ATTEMPTING to clear the air on the controversial Cyberport once and for all, the Hongkong government yesterday rejected a rival proposal on the project by a group of
      604 words
    • 271 11 TAIPEI Reuters TAIWAN took a key step toward telecommunications privatisation yesterday, fixing the price of an initial stock offering and outraging telecom workers who said it undervalued the state phone company. Parliament's telecom panel adopted a resolution under which 33 per cent
      Reuters; REUTERS  -  271 words
    • 271 11 HONGKONG Reuters THE Hongkong government yesterday named three advisers to help it to sell off most of its HK5213.38 billion (5546.7 billion) equity portfolio, but analysts said placement of the shares would take time. Exchange Fund Investment Ltd (Efil), the government firm
      Reuters  -  271 words
    • 454 11 HONGKONG Authority could use formal powers on banks to posh restructure pact Reuters HONGKONG Monetary Authority deputy chief executive David Carse said yesterday he could not rule out using statutory powers on banks which stand in the way of a successful debt workout if "moral
      Reuters  -  454 words
    • 209 11 HONGKONG AFP CHINA-OWNED Bank of China Group plans to merge 12 banks to create a banking giant that will be listed on the Hongkong stock market, reports said yesterday. "It is a global trend for banks to
      AFP  -  209 words
  • Page 11 Advertisements
    • 429 11 ..*V VV "vr +SIM microsystems Sharpen you r .Competitive edge. With any one of our competitively-priced DOT .COM packages, you could easily be ".com-ming" your way to new business opportunities. For 16 years, Sun has been taking some of the most successful Internet businesses into the Network Age and helping
      429 words

  • Page 12 Advertisements
    • 167 12 At Xpress, we not only^^^^^Q|f7f!Tj We also Seaters Boardroom m I jM UhH tHI I ■PT B I IT Hi 1 Business Clubhouse 1 i Digital Broadcast Studio L'/" Design onic j*s j**' 111 4 „••>'<■ -li s ,v "<i%%*% <*t? 7 HpipPVWf fH SB m ■■PJHPH |nH>H^^H Another comfirmation
      167 words

  • ASIA
    • 571 13 SEOUL LG chief says he wants to bay Dacom; Samsung raises its stake to 20% Reuters SOUTH Korea's familyowned conglomerates, or chaebol, are rekindling intense rivalries in a battle over Dacom Corp, one of only two fixed-line telephone companies in the country.
      Reuters  -  571 words
    • 77 13 [MELBOURNE] Keshe Chow (left) and classmate Teagan Boscia, both 15 years old from Melbourne's Methodist Ladies College, show off their paintedfaces as they join other students in a demonstration against the Jabiluka uranium mine yesterday. About 500 Melbourne pupils joined a nationwide student protest over the
      REUTERS  -  77 words
    • 256 13 SYDNEY Another lm birds to be called in fight against fatal vims Reuters [SYDNEY] Nearly one million chickens have been destroyed north of Sydney as Australian authorities battle to control an outbreak of Newcastle disease. Officials said up to a further one million birds had yet
      Reuters  -  256 words
    • 432 13 SEOUL Output growth hits four-year high; govt urged to step up reform efforts AFP SOUTH Korea yesterday showed off a battery of impressive economic indicators amid warnings the economy could overheat dangerously as it emerges from crisis. Industrial output growth hit a
      AFP  -  432 words
  • Page 13 Advertisements
    • 55 13 Lost tjour m pet? -V. Try finding it at Classification 821 (Found) of The Straits Times Classified. CATS. Buy h. Sdl h.Flnd H. fbeeT If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. Buy h. Sell It.
      55 words
    • 344 13 Regus is changing the way people -f* J staffed and equipped offices on flexible terms. Your company can be operational in Singapore or a choice I am of 200 centres worldwide, within j0 -fla Instant infrastructure, leading edge technology and a professional working environment, tailor made to your Bl changing
      344 words

  • THE WORLD
    • 453 14 WASHINGTON She indicates she will bump up year-end forecasts for SAP 500, Dow Bloomberg GOLDMAN Sachs' star strategist Abby Cohen said firstquarter profit reports from US companies so far have been "absolutely stunning". She indicated she will raise her year-end forecast for
      Bloomberg  -  453 words
    • 359 14 LONDON Reuters IT may be the mountains and all that fresh Alpine air, but Swiss workers are the most content in Europe, a survey published yesterday said. But, perhaps unsurprisingly given the country's harsh hire-and-fire labour market, British workers are the
      Reuters  -  359 words
    • 338 14 WASHINGTON Screen was to help novice users navigate new PC Bloomberg HEWLETT-PACKARD Co (HP) eliminated the start-up screen on one of its new PC models because Microsoft Corp said the No 2 computer company wasn't complying with terms of its
      Bloomberg  -  338 words
    • WORLD Watch
      • 69 14 Bloomberg [WASHINGTON] Labour costs for US businesses registered the smallest increase on record in the first quarter, the latest evidence inflation is dormant and the Federal Reserve can hold Interest rates steady. The employment cost index—the broadest measure of wage, salary and benefit costs—rose
        Bloomberg  -  69 words
      • 53 14 Reuters [BELGRADE] Yugoslavia yesterday urged the World Court to halt Nato's air war, as Russia's Balkan envoy began a peace shuttle with no immediate sign ofa breakthrough. "The Federal Republic of Yugoslavia sues the Nato member countries which are participating in the aggression," the
        Reuters  -  53 words
      • 77 14 AFP [TAIPEI] A Taiwanese former college student has admitted to designing the "Chernobyl" virus which paralysed thousands of computers worldwide, sources said here yesterday. Chen Ing-hou created the virus designed to take effect on the 13th anniversary of the Chernobyl nuclear plant disaster—while a student at
        AFP  -  77 words
    • 418 15 BANGKOK Thai officials spring to Supachai's side while Moore says he ran a clean campaign AFP AN angry Thailand sprang to the defence of its candidate for the WTO leadership and his New Zealand rival declared himself to be clean yesterday
      AFP  -  418 words
    • 465 15 MOSCOW Deal with IMF good for image but analysts downbeat Reuters THE International Monetary Fund's offer of new loans for crisis-hit Russia falls short of what Russia expected and is so linked to key legislative changes that receipt of the cash is
      Reuters  -  465 words
    • 261 15 PARIS Reuters MORE signs emerged yesterday that Europe is edging towards a second-half economic recovery, though a batch of continental indicators suggested the lights remain on amber. While French industrialists polled by national statistics institute INSEE gave a worse outlook for the general
      Reuters  -  261 words
  • Page 14 Advertisements
    • 128 14 MID-YEAR SALE! Voyage Computer Case (*****6) With fully padded main compartment, large zipped front pocket, back "accordion" pocket and detachable shoulder strap Usual: Now: Season- S^ccidCf GOLD/^PFEIL GERMANY Unit N0.5, Orchard Parade Hotel, 1 Tanglin Road #02-28/31 Wisma Atria, 435 Orchard Road We're open daily from 10.30 am to 8.30pm
      128 words
    • 327 14 intrr.rjiT&T Keppel Telecommunications Transportation Ltd (Incorporated in the Republic of Singapore) Notice of Extraordinary General Meeting NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Keppel Telecommunications Transportation Ltd (the "Company") will be held at the New Conference Room, 325 Telok Blangah Road, Singapore *****1 on 17 May 1999
      327 words

  • Page 15 Advertisements
    • 201 15 Exceptional opportunities in Singapore EXPERIENCED PR CONSULTANTS (jrayling Group opened its first operation in South East Asia through the acquisition of a consultancy in Singapore last year. This is the base tor ambitious expansion plans in the region. We are now seeking to appoint senior consultants. Candidates should have experience
      201 words

  • EDITORIAL & OPINION
    • 777 16  -  BOTTOM LIME OPINION By David Mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT THE human tragedy in Kosovo is sickening to
      777 words
    • 126 16 'Each day, our military campaign takes a toll on Serbia's machinery of repression. The Serbian leadership has failed to divide us and will not outlast us. The combined military might and moral determination of Europe and North America will endure.' -Bill Clinton United States President, after a
      126 words
    • 670 16 EDITORIAL THE Singapore 21 report unveiled last Saturday by Prime Minister Goh Chok Tong was a vision statement with a difference. Several differences, in fact For a start, it was quite unlike the one Mr Goh himself prepared in 1984 Vision 99, which spelt
      670 words
    • 812 16  -  Many economists find fault not so much with his cautions ideas, but with how to see them through By- Michael M Weinstein NTT UNITED STATES Treasury Secretary Robert Rubin's proposal for reforming international financial institutions, announced on the eve of this
      NTT; AFP  -  812 words
    • 1040 16 End of fares speculation MARKET speculation of possible foreign exchange controls and a new exchange rate system will hopefully be laid to rest after last week's legal assurance from the House of Representatives. The bill on foreign exchange flows and exchange rate system, approved by the
      1,040 words

  • COMPANIES & MARKETS
    • 395 17  -  Logistics group's 38 cents close is doable 19 cents offer; 69m shares traded By' Teh Hooi Ling [SINGAPORE] The improved sentiment for new listings helped logistics group Poh Tiong Choon (PTC) nearly treble its offer price on the first day of trading.
      Source: Bloomberg  -  395 words
    • 419 17 Bloomberg [SINGAPORE] GES International Ltd, a distributor and contract manufacturer of electronics products, said it expects its personal computer sales to beat industry estimates as the recession in Asia ebbs. "I'm seeing a recovery: the last two months we've seen business in
      Bloomberg; FILE PHOTO  -  419 words
    • 238 17  -  By] David Boey [SINGAPORE] Construction firm Chew Eu Hock said yesterday that its interim profit had fallen 35.4 per cent to $1.27 million, and cautioned that its FY 99 performance could reflect the "difficult operating environment and intense competition" the group faces. Turnover
      238 words
    • 350 17 Its expected to post earnings of 17.3 C a share, up from 13.9 c Bloomberg [SINGAPORE] Avimo Group Ltd said it's "comfortable" with the profit forecast for the year ending September from analysts polled by Ibes International Inc. The company, which makes components for defence
      Bloomberg  -  350 words
    • 312 17  -  Official Assignee, S'pore Finance sell 21% stake in tender By Conrad Raj [SINGAPORE] An appeal to the High Court by CAM International Holdings' former auditor Cheong Khee San, 59, was dismissed yesterday by Chief Justice Yong Pung How who called it a "hopeless
      312 words
    • 369 17  -  REACTIONS TO YESTERDAY'S NEWS Bnt analysts cool to its apparent move into retail business By\ Rahita Elias {SINGAPORE] Shares of Guthrie GTS rose 5.5 per cent yesterday on news that it is taking over debt-burdened Emporium Holdings. In the stock market
      369 words
    • 212 17 (SINGAPORE] Creative Technology's shares yesterday fell 90 cents to a low of $20.50 before ending the day's trading at $20.70, making it the top loser in absolute terms on the second day investors dumped its shares after worse-than-expected results. The stock's close was
      Source: Bloomberg  -  212 words
    • REGIONAL COMPANIES
      • 1110 18  -  Sally Aw to get HKssBm loan, consultancy fee of HKs9mayear From Quak Hiang Whai in Hongkong "TODAY marks the beginning of a new era for Sing Tao," Lazard Asia chief Patrick Cheung declared after making history in the Hongkong
        Source: Bloomberg  -  1,110 words
      • 209 18 [SINGAPORE] Progen Holdings is placing out 11.9 million new shares, or 9.1 per cent of its present share capital, at 48.5 cents each. The placement price represents a discount of approximately 8.2 per cent to the weighted average traded price of the shares
        209 words
      • 84 18 [SEOUL] (From left) South Korea's Construction and Transportation Minister Lee Jung Moo, Hyundai Group founder Chung Ju Yung, chairman Chung Mong Koo and Prime Minister Kim Jong Pil at the launch of Hyundai Motor's new luxury car Equus in Seoul on Wednesday. Hyundai Motor will market the
        REUTERS  -  84 words
      • 274 18 It's eyeing stock brokerages together with UK partners Bloomberg [SINGAPORE] Phillip Securities, one of Singapore's largest privately held stock brokerages, is in the market for acquisitions in East Asia and Europe, a senior executive said. After its purchase last year of part of a
        Bloomberg  -  274 words
      • 254 18 Creditors agreed on more time to work oat restructuring Bloomberg [KUALA LUMPUR] Time Engineering Bhd, a debt-laden Malaysian telecommunications company, got a threemonth extension on its court protection from creditors as it struggles to repay 4.6 billion Malaysian ringgit (Ss2 billion) of
        Bloomberg  -  254 words
      • 245 18  -  Folly owned Natsteel Chemicals subscribes for 70% of capital By Siow Li Sen Nat Steel Ltd yesterday said it has bought a Malaysian steel-related company to strengthen its steel business in that market. Through its wholly owned subsidiary, Nat Steel Chemicals Ltd, the diversified
        245 words
      • 208 18  -  Byl Soh Tiang Keng [SINGAPORE] Keppel Insurance and Tat Lee Insurance will merge their operations today to form an enlarged group with assets of $380 million. Keppel Insurance said last night that the merger follows the court order approving the scheme to transfer the
        208 words
      • COMPANY Briefs
        • 115 18 [SINGAPORE] Superior Metal Printing Ltd yesterday said that following two family trust arrangements, deemed substantial shareholder Goh Cheng Liang's son, Goh Hup Jin, now held a 65.97 per cent deemed interest in Superior Metal. This follows the transferring of the older Mr Goh and his
          115 words
        • 34 18 [SINGAPORE] The Stock Exchange of Singapore has given in-principle approval for the listing of the 10 million new shares Compact Metal Industries is issuing in its private placement.
          34 words
        • 62 18 [SINGAPORE] Kian Ho Bearings has set up a new subsidiary to manage its sales and logistics activities in China. Shanghai-based Acker Machinery will own the warehouse Kian Ho is acquiring in the Shanghai Waigaoqiao Free Trade Zone. Acker has a registered capital of
          62 words
        • 26 18 [SINGAPORE] ST Computer Systems A Services said shareholders have passed the resolution to change its name to Singapore Computer Systems.
          26 words
        • 65 18 [SINGAPORE] Neptune Orient Lines said yesterday that US regulators have approved the sale erf its shares in its North American stacktrain business unit, Land Transport Services Inc, to New York-based Apollo Management, for 1545 million. NOL shareholders have also approved the sale on
          65 words
    • INTERNATIONAL COMPANIES
      • 388 19 Bottom line boosted by sales of flat panel displays, rebound in chip prices Bloomberg [SEOUL] Samsung Electronics Co, the world's largest maker of memory chips, said net profit quadrupled in the first quarter thanks to better-than-expected sales of flat panel displays and
        Bloomberg  -  388 words
      • 429 19 Shares fell 12 3/8 to 1931/2 in New York on Wednesday Bloomberg [SEATTLE) Amazon.com Inc, the Internet's largest retailer, said its first-quarter loss widened as it spent more on promotions and new services such as auctions. The loss increased to US$6l.7
        Bloomberg  -  429 words
      • 59 19 Marks Spencer quits Canada's tough retail market [MONTREAL] A shopper leaves a Marks Spencer store on Ste Catherine Street in downtown Montreal on Wednesday. The famed British retailer Marks Spencer announced that after more than a quarter of century, it was quitting Canada's tough retail market, closing its 38 Canadian
        REUTERS  -  59 words
      • 210 19 Bloomberg [PARIS] Alcatel SA, France's biggest phone-equipment maker, said yesterday firstquarter sales rose 4.4 per cent, helped by acquisitions in the US and demand for Internet equipment. Sales rose to 4.32 billion euros (Ss7.B billion) from 4.14 billion euros in the year-earlier
        Bloomberg  -  210 words
      • GLOBAL Briefs
        • 93 19 AFP [ROTTERDAM] Unilever yesterday reported a 6 per cent drop in net profit to 1.358 billion guilders (Ssl.l billion) in the first quarter of 1999, down from 1.44 billion guilders from the corresponding period in 1998. The Anglo-Dutch conglomerate's operating profit dropped 5 per cent
          AFP  -  93 words
        • 72 19 Bloomberg [FRANKFURT] Deutsche Lufthansa said first-quarter profit fell 61.1 per cent as costs to hire staff and expand capacity rose. Preliminary pre-tax profit, excluding one-time items and including income from subsidiaries, fell to 63 million marks (5J58.3 million) from 162 million marks a year earlier,
          Bloomberg  -  72 words
        • 107 19 Bloomberg [JACKSON, Mississippi] MCI World Com, the No 2 US long-distance phone company, said its first-quarter profit rose more than four-fold, beating estimates, on strong increases in data and international revenue. MCI World Com said first-quarter profit from operations rose to US$6BB million (551.17 billion),
          Bloomberg  -  107 words
        • 126 19 Reuters [LONDON] US retail giant Wal-Mart Stores has quashed speculation that it plans to enter the British market in the near future, the Financial Times reported yesterday. It quoted the company's treasurer Jay Fitzsimmons as saying that margins in Britain were too high
          Reuters  -  126 words
      • 401 19 Antitrust review could take five months: official Bloomberg [BRUSSELS] Deutsche Telekom AG's plan to buy Telecom Italia SpA for U5593.7 billion (Ssls9 billion) will face a full five-month probe by European Union regulators as they review "several real competition problems" it
        Bloomberg  -  401 words
      • 350 19 Reuters [NEW YORK] AT&T Corp on Wednesday sprinted past a key milestone in its race to acquire Media One Group, lining up US$3O billion (Sssl billion) in deal financing just days after it made its surprise US$5B billion bid for the nation's No 3
        Reuters  -  350 words
    • FINANCE & COMMODITIES
      • 258 20 Bloomberg [HONGKONG] Regent Pacific Group Ltd, Hongkong's only publicly traded hedge fund, said it signed agreements to bail out five related hedge funds that lost money following Russia's August debt default. Regent agreed to buy up to U5536.2 million (5561.4 million) in
        Bloomberg  -  258 words
      • 284 20 White House task force to recommend regular filings, more power for regulators Reuters [WASHINGTON] A White House task force plans to recommend that Congress require the vast investment pools known as hedge funds to disclose previously private financial information on a regular
        Reuters  -  284 words
      • 55 20 [COLOMBO] Bank employees shouting slogans on Wednesday outside a state-owned commercial bank in Colombo as part of a protest campaign demanding salary increases of up to 35 per cent Bank workers in Sri Lanka have threatened to go on an indefinite strike if their demands
        AFP  -  55 words
      • 211 20 Bloomberg [NEW YORK] Alliance Capital Management LP, the largest US publicly traded money manager, said first-quarter earnings rose 42 per cent on higher revenue and assets under management. The New York-based company, which is 57 per cent owned by insurer Equitable
        Bloomberg  -  211 words
      • 183 20 Bloomberg [SEOUL] Daewoo Securities said it is seeking to sell a controlling stake in its wholly owned Subsidiary Daewoo Capital to New York-based fund manager Scudder Kemper Investments. "Scudder Kemper is now evaluating the value of Daewoo Capital Management," said Jung
        Bloomberg  -  183 words
      • 153 20 Reuters [LONDON] Merrill Lynch is top among UK ftmd managers for the quality of its equity research, said an annual survey compiled for Reuters. The survey, carried out by consultancy Tempest, gave Merrill the top slot with 15.1 per cent of the vote,
        Reuters  -  153 words
      • 170 21  -  S fnr Reports MSCl Singapore Index Christopher A Podbury, Jardine Fleming THE MSCI Singapore Index futures lost ground yesterday, along with a weaker cash market. The selling activity in the •futures was largely led by foreign institutions on concerns that expectations for a recovery
        170 words
      • 225 21  -  MSCI Taiwan ftitures Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures lost a total of 22 points over the last four days, with its fall yesterday the biggest in almost three months. Far Easttone Telecommunication (9 lost
        225 words
      • 262 21 ENERGY REPORT Reuters [LONDON] World oil prices pulled back yesterday from a 15-month high posted a day earlier, with the recent steep rise in crude prices beginnUg| to bite into refiner demand, traders said. International benchmark Brent crude was trading
        Reuters  -  262 words
      • 303 21 Reuters, Bloomberg London THE dollar preserved its firm tone against the euro yesterday, but failed to make substantial gains amid caution about intervention to support Europe's single currency, analysts said. "The market is trying to push euro/dollar down, but it keeps coming back," said Fabio Fraschetti, market analyst
        Reuters,; Bloomberg  -  303 words
      • Article, Illustration
        1097 21 DVTBRBAirX CROSS RATBS Apr 29 C$ —Ffr Pa HttS fcg fa Buptaft Yw Won HI KZ}Pit>i N»o S$ ig< Sfr *T$ 8*t Pm* tfM S£lf .*S ff5 1-202 5.065 27.*****.665 0.778 7.684 2.483 1.»1 33.172 24.843 tin 3.965 0.968 ***** ***** 0.405 0.6*4 !:®2 ftm jfm ftr!t <Hf 5 2
        1,097 words
      • 1528 21 SICOM rUTu itRS Apr 29 RU08CR (totarw ckHMq <4 5J0pa) RSS1 CONTRACTU cwtsAg) CtOM Vofam OpM High tow Srft (tonww) tofrrnt "*99 97.00 so JOB 99 9175 290 «W 99 ***** 775 *<#99 102.75 275 99 KR75 275 Oct/Dec99 107.50 107.50 W7J0 75 900 RSS 3 CONTRACT tus antsAg) VotMM
        1,528 words
    • Article, Illustration
      1302 22 AFP FllUngSeng +4&31 HONGKONG share prices rose 0.3 per cent yesterday on futures-led buying, reversing early losses that had taken the market barometer below the psychological 13,000-point level, dealers said. "The major futures players kept the index higher as there is not much selling pressure," said Alex Tang, research
      AFP  -  1,302 words
    • Article, Illustration
      522 22 Reuters CI Shenzhen B Index -0.43 SHENZHEN'S hard currency B shares erased a morning rally to close lower yesterday as investors burned by unexpectedly low corporate annual results kept to the sidelines. The B share index fell 0.43 point, or 0.79 per cent, to 53.84 as turnover dwindled to
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  522 words
    • 333 22 AFP OWPlodn -201W TAIWAN share prices plunged 2.8 per cent yesterday as a sell-off by foreign investors in the previous session prompted nervous investors to bail out, dealers said. The TSE Weighted Price Index fell 206.99 points to 7,289.62 on a turnover of NT1111.31 billion. "Strong selling by foreign
      AFP  -  333 words
    • 2033 22 ■■MisHfliMMi Industrials m 31 Croup 6.74 -0.01 A 8 Food* 4.64 0.06 A B Port! 2.85 0.02 A Mod Domecq 4.79 -0.31 A mod Zurich 8.47 0.09 Anglo American Cold 41.50 2JO ASDA Group 2.03 -0.05 Book of Scotland 9.14 -0.06 Barclays 19.43 -0.57 Bass 9.65 -0.06
      2,033 words
    • KUALA LUMPUR STOCK MARKET
      • 8514 23 —MITilOil Consumer products t999 Lost Vol Doy Not Cop High Law Company Sal* 'OOP High Law P/I $mM 310 255 Ajinomoto 290 unch 2 290 270 >6.0 117.5 83 46 Angkasa 74 4 41 74 70 109.1 283 220 Apollo Food Hlg 252 8 1 252 252 8.8 100.8 204
        8,514 words
      • 415 23 AFP W% Composite Index *7.09 DESPITE bouts of profit-taking, Malaysia's key share index ended 1.1 per cent higher yesterday due to fresh buying activity. "The trade surplus for March boosted sentiment," an institutional dealer with a local brokerage said. Malaysia's trade surplus soared
        AFP  -  415 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • 203 24  -  WARRANT WATCH -By R Sivanithy JUDGING from the looks of things, the play on Teledata isn't quite over yet in a weak day yesterday, its share and warrant firmed quite nicely in decent volume. In situations like this, where the play is a
        203 words
      • 2207 24 BONDS, LOANS i WAMANTS 52-*k Last Vol Day LMt Ouota Avq Htqh Leo StiM Company Sala 'or- COOO) High Law Buyer Sallar Price 23 3 S 3160 "Acer ******1 USS tB5 284 1*5 18 183 19 28 4.5 3164 Acma ******4 22.5 1.5 756 24.5 22 22.5 23.5 25 30
        2,207 words
      • 223 24 Or Or M-W* La«t Vol D*y Last Ouot* Mv Otv YM N«t M Cap L— »tiw Compony COOP) Ht» L—r Buyr i—r Cvt P/t tml 345 173 5123 CDL (2000) MK 3t5 cd uncfi 60 315 310 3t5 8 2.4 2.5 16J 6096.9 5124 Clthay P»c 20c HK_
        223 words
    • Article, Illustration
      708 24 AFP Composite Index INDONESIAN share prices closed 2.0 per cent higher yesterday, extending the previous day's gains on an inflow of foreign funds, dealers said. "Any good broker will tell you it's just liquidity, liquidity, liquidity," one sales representative with a regional brokerage said, adding broad market sentiment was
      AFP  -  708 words
    • Article, Illustration
      894 24 AFP TlSETlndex +9.27 SHARES rose 2.2 per cent at the close yesterday as foreign investors picked up bank stocks following a successful rights issue, dealers said. Analysts said buying in the banking sector lifted the market after Siam Commercial Bank announced it had successfully placed new shares worth 32.5
      AFP  -  894 words
    • 334 24 AFP □Manila -2<L5 SHARE prices closed one per cent lower yesterday as investors took profits on earlier gains, brokers said. The Composite Index fell 26.50 points to close at 2,433.49. A total of 1.74 billion shares worth 2.7 billion pesos changed hands, from Wednesday's 2.4 billion shares worth 5.6
      AFP  -  334 words
    • 394 24 AFP k3 Composite Index -37.42 SOUTH Korean share prices plunged 4.7 per cent yesterday as investors reacted negatively to reports that the government might move in to slow down the pace of market gains, dealers said. "The possible government intervention was the largest factor," Dongwon Securities analyst said. The
      AFP  -  394 words
    • 667 24 AFP PAH Ordinaries -17.8 AUSTRALIAN share prices slumped 0.6 per cent yesterday as a rally in resource stocks failed to outweigh the hangover from inflation news boding badly for a future rate cut, brokers said. The All Ordinaries Index closed down 17.8 points to 3,104.9. The All Industrials Index
      AFP  -  667 words
    • 298 24 AFP □Wellington *1453 NEW Zealand stocks ended up 0.6 per cent yesterday, driven higher by pulp and paper stocks. The NZSE-40 Capital Index finished up 14.53 points at 2,292.84 on low volyme of NZ$BB.2 million. Telecom Corp was down 8 cents to NZ59.37.—AFP MS (000) Advantage HDS 1.46 -0.04
      AFP  -  298 words
    • 6916 25 date Apr 29 52-«»k Cr b M Wt Htah i«_ LMt Ve» Day Last OuoU DW Dto VM Net Cap A»« L,w st Company Sala OOP) Hmi Law Buyar SaMer Ctt P/t $m» Wee MULTI-INDUSTRY 'aa 17-5 m b 1000 Acma 50e 96.5 cd
      6,916 words
    • 1339 25 m» L— »«W Ciw»«y iSt COW) M^> P V L— mJjir* °£Sir Cw 9b Pf£ jS PrSS 'II. 2S s ut 874 113 106 109 110 IS N 7 L4 WJ 124.3 n2 79.5 45 C 2051 ASJ MWqj 20t 70 (S 70.5 3.8 10 9 I! US u
      1,339 words
    • STOCK EXCHANGE OF SINGAPORE
      • 407 26 Stocks VotaNM PohTiong Choon 10c 68,807,000 Poh Lian 10c 15,736,000 GES Intl Ltd 20c 14,934,000 Li Xin 10c 14,370,000 IPC Corpn 5c 11,868,000 STEngglOc 10,595.000 SemhCorpI 25c 8,716,000 Wing Tai 25c 8,707,000 DBS Land 8,648,000 Teiedata 10c 8,434,000 Stwta City Dev 50c 40,382,409 PohTiong Choon 10c 26.434,720 DBS Land 25,535.655
        407 words
      • 576 26  -  STOCK MARKET COMMENTARY Selling pressure attributed to talk of MSCI lowering S'pore weighting to reinstate M'sia in indices By R Sivanithy IT was a heart-stopping session for traders yesterday as rumours that Morgan Stanley Capital International would cut its
        576 words
      • ON THE GRAPEVINE
        • 78 26 THE office of flamboyant Singapore businessman Akhbar Khan has been bombarded with telephone calls from journalists following reports that he is (hinting up to put in a bid for the frozen Malaysian shares previously traded on Clob International. He has not returned calls
          78 words
        • 98 26 SOME broking houses are apparently unhappy with the amount of Allgreen placement shares they've been apportioned. Requests have been in the millions but brokerages are said to be getting only about 100,000 shares each. The most a brokerage has received is said to be about 250,000
          98 words
        • 68 26 MINISTER for National Development Lim Hng Kiang spoke last night at the launch of the Building Construction Authority and awards presentation. After more than a decade of high growth, said Mr Lim, the construction industry now had a good window of opportunity... to take concrete steps... to
          68 words
        • 71 26 MALAYSIA'S richest man, Lim Goh Tong, is finally taking it easy after having run the sole casino in Malaysia for over 25 years. The octogenarian has given up the post of joint managing director of Genting Bhd. leaving second son Kok Thay as the sole
          71 words
        • 129 26 A NEW Zealand MP, lan Revell, asked his secretary to have a taxi standing by at Auckland Airport and almost got taken for a ride by a disgruntled constituent instead. Looking in her little black book, the secretary, it seems, chose a number under tax, instead of
          129 words
      • Article, Illustration
        54 26  -  By Wong Wei Kong POH LIAN closed up 2.5 cents yesterady at $0.31 on a volume of 15.7 million shares, compared with its 10-day traded average of 5.5 million units. The stock is near its 52week high of $0.32 and the RSI. Stochastics and MACD indicators suggest an
        54 words
  • Page 17 Advertisements
    • 181 17 PUSHING THE ARTFORM Slam 5 Wimbledons. Australian Opens. 4US Opens. Number ranking tennis player the years PME3ggWWIm history. Maker some the 1^ J famous timepieces in history. 99 patents. Over 200- international awards for design. Watches in museums on ■HNf I M < UK a. "'V uu II mi |M
      181 words

  • Page 18 Advertisements
    • 63 18 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 OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE, 24 RAFFLES PLACE. SINGAPORE *****1 E-mail: ocrasingOsingnet.com.sg
      63 words

  • Page 19 Advertisements
    • 78 19 -r t m Jt T X v -.0; As the world takes a turn into the 21st century, new challenges and opportunities arise in the horizon. There is only one question... ARE YOU READY? To make the turn for the better, change your Life, change your Choice. The time is
      78 words

  • Page 20 Advertisements
    • 1676 20 FREIGHT LINKS EXPRESS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE EXPIRY OF WARRANTS 1999 This is an important notice which requires your immediate attention. If you are in doubt as to the action you should take, you should consult your stockbroker, bank manager, solicitor, accountant or other professional
      1,676 words


  • Page 22 Advertisements
    • 103 22 NOTICE IS HEREBY GIVEN that I.TENG SING MING of 32 Lorong 25-A, Geylang, Singapore *****7, have applied for a Retail Beer Shop Licence in respect of M/s Yishun Best 1 Fresh Mini-Market located at Blk 304 Yishun Central #01-175, Singapore *****4, and that this application will be considered by the
      103 words
    • 103 22 NOTICE IS HEREBY GIVEN that I, GOH BOON SING of 50-C Jurong Road Track 22, Singapore *****3, have applied for a Retail Liquor Shop Licence in respect of M/sYu Sing Provision Shop located at 50-C Jurong Road Track 22, Singapore *****3, and that this application will be considered by the
      103 words
    • 146 22 NOTICE IS HEREBY GIVEN that I,TENG YEW HOR of Blk 305 Yishun Central, #02-147, Singapore *****4, have applied for a Retail Beer Shop Licence in respect of M/s Best 2 Mini-Mart located at Blk 55 Pipit Road *01-04, Singapore *****5, and that this application will be considered by the Liquors
      146 words
    • 103 22 NOTICE IS HEREBY GIVEN that I, SOH NAM KWANG of Block 4802-04 Moh Guan Terrace, Singapore *****8, have applied for a Retail Beer Shop Licence in respect of M/s Soh Eng Seng located at Block 129-01-127 Kim Tian Road, Singapore *****9, and that this application will be considered by the
      103 words

  • Page 23 Advertisements
    • 108 23 NOTICE IS HEREBY. GIVEN that I, JASON CHOO CHOON WAI of 23, Rochaiie Drive, Singapore *****4, have applied for a Public House, First Class Licence in respect of M/s Bar None (S) Pte Ltd located at Singapore Marriott Hotel, Basement, 320 Orchard Road, Singapore *****5, and that this application will
      108 words
    • 5 23 Strait Talk TheßusinessTimes shipping Times
      5 words

  • Page 24 Advertisements
    • 106 24 NOTICE IS HEREBY GIVEN that I, MURUGAPPAN S/O KRISHNAN of Blk 163 *16-164 Bishan Street 13 Singapore *****3, have applied for a Retail Beer Shop licence in respect of M/s Silver Mini Mart located at #03-69 Far East Plaza, 14 Scotts Road Singapore *****3, and that this application will be
      106 words
    • 299 24 LEVI STRAUSS EXIMCO (ASIA) PTE LTD NOTICE OF SPECIAL RESOLUTIONS NOTICE IS HEREBY GIVEN THAT KT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DEEMED TO HAVE BEEN HELD PURSUANT TO SECTION 179(6) OF THE COMPANIES ACT (CAP 50) AT 10 HOE CHIANG ROAD, #18-00 KEPPEL TOWERS. SINGAPORE *****5 ON THE
      299 words
    • 106 24 NOTICE IS HEREBY GIVEN that I, SYUYING KWOK of Blk 538 #12-28 Jelapang Road, Singapore *****8, have applied for a Public House First Class Licence in respect of M/s Havana Room Merchandising Pte Ltd located at 11 Stamford Road Capitol Building #01-12, Singapore *****4, and that this application will be
      106 words
    • 108 24 NOTICE IS HEREBY GIVEN that I, Cheong SiewTee of 2 Jin Daliah #04-02 Singapore *****6, have applied for a Second Class Public House Licence in respect of M/s Yu Jia Zhuang Steamboat Seafood Restaurant located at 3Temasek Boulevard #81-043/44 Suntec City Mall Singapore *****3, and that this application will be
      108 words


  • Page 26 Advertisements
    • 809 26 NOTICES jo advertise call toll-free 1800-741 1883 Fax No: 741 1298 II I I I I I TTTI n —|—l~l P— INVITATION TO PUBLIC TENDER r NO.: 21/MAXUS-ADV/99 YPF MAXUS SOUTHEAST SUMATRA BV, a Production Sharing Contractor of the Indonesian State Owned Oil Company tias a re l uirement supply
      809 words
    • 185 26 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF LABANCA FAR EAST PTE LTD (INCORPORATED IN SINGAPORE) (IN MEMBERS VOLUNTARY WINDING UP) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of
      185 words
    • 31 26 Going to trade online? You need DBS investor Online. Simply the best research. Call 438-1188 today 83 DBS BANK To advertise your NOTICES simply fox: 741 1298 or Call toll-free: 1800-741-1883
      31 words
    • 525 26 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF EASYPROFIT INVESTMENT PTE LTD (In Creditors' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the Company and the creditors
      525 words
    • 387 26 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF MICROTEK INTERNATIONAL TRADING PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duty convened and held at 2-7-5 Izumi. Sugrnami-ku. Tokyo 168-0063. Japan on
      387 words
    • 452 26 IN THE MATTER OF ICHIYOSHI MERCHANT BANK SINGAPORE LIMITED All parties having claims against the abovenamed Company are required on or before 31 May 1999 to send in their names and addresses and the particulars of their claims, and the names of their solicitors (if any), to the said Company
      452 words
    • 184 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CALL-ASSIST PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of the Members of the abovenamed Company
      184 words
    • 649 26 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF SIGHTSEEING ASIA PTE LTD (formally known as GESLO BULK PRIVATE LIMITED) (In Members' Voluntary Liquidation) Atan EXTRAORONARY GENERAL MEETOIG of tie member* of StOH SEEING ASIA PTE LTD duly convened and held at Bit 165 Buk*
      649 words

  • EXECUTIVE Lifestyle
    • 1402 27  -  After going through an upheaval in the past two years which has seen some labels closing down permanently or downsizing drastically, buds of hope are beginning to blossom in this beleaguered sector, jaime ee reports JAIME EE IN EVERY war movie, there's always
      ZEGNA PHOTO BY SIEW YAW HOONG  -  1,402 words
    • VIEWPOINT
      • 814 28  -  Off the Cliff by Once upon a time, yon were either an achiever or a dreamer. Now, as society matures, the courage to pursue one's dreams is finally gaining some respect by Jaime Ee PETER WEIR, the acclaimed Australian film
        814 words
      • STRAWS In The Wind
        • 62 28 ARE you tired, in need of a massage and possibly hungry? There's a health spa in town that will meet all these needs. Spotted in a newspaper advertisement: "No one can beat our special package, our therapeutic massage, spa include use of hotel room for
          62 words
        • 40 28 HERE'S an interesting abbreviation: CHOICE. A new programme organised by the National Library Board, CHOICE stands for Creativity Has Originality, Innovation, Change and Excellence. Whew. Naturally, it's a programme designed to enhance creative ability.
          40 words
        • 82 28 THERE'S this cream currently being touted on TV infomercials that is supposed to get rid of all your excess fat. For the duration of the infomercial, customer upon satisfied customer came forth to espouse the wonders of this miracle cream. Just as one potential customer reached for
          82 words
      • 1162 28  -  Watching a film by auteur-director Peter Weir is like being given a temporary visa to a special place, mrtatbi mayas finds out what goes into the making of these cinematic journeys PARVATHI NAYAR PIELDS of wheat move in the breeze, the hint of an object
        CHRIS LOH  -  1,162 words
    • LEISURE
      • Article, Illustration
        447 30  -  Compiled by Parvathi Nayar DANCE Ballet Under The Stars This fourth annual outing, almost a Rite of Spring for the Singapore Dance Theatre, features five new works. Do look out for SDT's dancer and choreographer Jeffrey Tan's Facade, a contemporary dance set to Samuel Barber's haunting Adagio For
        447 words
      • 1387 30  -  Anne Wood, creator of the Teletubbies, tells jtoi bevam of the long and winding path to her flower-filled meadow at the edge of the Cotswolds JUDI BEVAN FT 1 SPOTTED Anne Wood, the 61-year-old former schoolteacher turned entrepreneur who has outraged educationalists. with her television
        FT  -  1,387 words
      • 680 31  -  CINEMA Good performances power Xin Xiu, but director Joan Chen offers no new takes on what is by now a tediously familiar tale By\ Susan Tsang XIU XIU is Joan Chen's directorial debut, and it has been successful enough, winning seven Golden Horses, including best actor,
        680 words
      • 650 31  -  AUCTION In Tuesday's yard sale, the picked-over remains of what opened in 1979 as the Bart Reynolds Dinner Theater will go wider the hammer By* Clay Lambert NYT [JUPITER, Florida] The doors are shuttered at an up-and-down playhouse most recently known as
        NYT; FILE PHOTO  -  650 words
      • 668 31  -  CINEMA How do folks who live beyond their means keep np appearances in tough times? Find ont in Where Got Problem By I Susan Tsang WHERE Got Problem is the second feature by producer J P Tan, who came up with last year's hit Money No
        668 words
    • MOTORING
      • 960 32  -  The S-Type has its share of detractors, but Christopher tan finds the young Jaguar a quiet stalker and more agile than its XJ sibling CHRISTOPHER TAN IF THE S-Type is a baby Jaguar, it is a big baby indeed. The car is just 16cm (half
        960 words
    • STYLE
      • 782 32  -  What do fish and high fashion have in common? tax su ten talks to Interocean Fishery's Doreen Tan, who is also MD of Elite Collections TAN SU YEN THE well-suited in our midst have reason to be glad. After coming perilously close to leaving
        FILE PHOTO  -  782 words
    • Article, Illustration
      667 33 Alrtmd. A lonely boy and a dog tackle basketball. Previewing at Bugis, Yishun, Tiong Bahru, Lido, Changi, Century. American History X. Chilling neo-Nazi film with Ed Norton. R(A). Riverside. At First Sight. Val Kilmer and Mira Sorvino discover love has a vision beyond sight. Based on a true medical
      667 words
    • 113 33 Cathay Org Cathay 338-3400 Eaststore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubli<x 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Villaga 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina TampinesS TiongBahru Yishun Overseas Movie Ctementi/Co'wealtti 777-0669 Golden/New Town 296-5466
      113 words
    • EPICURE
      • 1066 34  -  At Wok Roll, taw su ten gets to choose from eight different categories of Asian cooking, and reacquaints herself with some regional favourites TAN SU YEN After the old Shanghai elegance of Club Chinois and the revolutionary zeal of House of Mao, the
        1,066 words
      • 920 34  -  WINE CONNOISSEUR Dom&ine Leroy's Burgundies have acquired a new elegance and finesse By N K Yong DOMAINE Leroy hardly needs introduction. Madam Lalou Bize Leroy established this Domaine in 1989 by purchasing Domaine Charles Noellat in Vosne-Romanee and renaming it after herself. From
        920 words
  • Page 27 Advertisements

  • Page 28 Advertisements
  • Page 28 Miscellaneous
    • 311 28 CRYPTIC CROSSWORD 1 When top-of-the-range pro- mm bh mm h| MB grammes are shown? (4,7,4) mm 9 Given overdose, in tears ij rats! (7) Bfl 10 One that cuts money artist's jflß j|H |BB model 11 Stars man adored to distrac- 11 I I I tion (9) sucker for cine
      311 words

  • Page 29 Advertisements
    • 162 29 THE FIRST OF A NEW GENERATION ALL NEW, YET VINTAGE. Introducing the new Jaguar S-TYPE. Solid proof that power, agility and style can only be inherited. Watch out for the satisfying low throb of the powerful Jaguar engine. The comfortable, quiet interior. Expect unrivalled smoothness in every ride. Agile handling,
      162 words

  • Page 30 Advertisements
    • 163 30 Where to wine, dine and entertain M *****45 Every Saturday and Sunday pamper yourself from as early as 12.00pm to our sumptuous High Tea Buffet of popular Asian and Western sweets and savouries at Cafe Victoria. CALL: 310 3585 OR 330 3590 FOR RESERVATIONS 76 Bras Basah Road, Singapore *****8
      163 words
    • 67 30 Functi Jflro>bniMJl available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tel; 737 9944 Fax: 733 3175 n depend on predictions. Jtt Advertise in Wine, Dine Entertain of The Business Times and reach out to 140,000 readers
      67 words
    • 0 30
      0 words
    • 161 30 The freshest seafood dishes come with unlimited wine in St. Gregory's Brasserie in the Grand Plaza Parkroyal on Friday and Saturday evenings. Delicious Rock Crab with Tang Hoon, juicy cold Oysters, Prawns and Green Mussels on ice, Baked Slipper Lobster and many more. Plus as much wine as your heart
      161 words
    • 146 30 rjjj m«.uiu ifiu. -xL V Australian Wines H A aaPtaLi* Seafood perfected Chinese PV style for lunch and dinner. r I Also features Abalone set iH tv 'MtS t .•>- i menu with a selection of JP: Jr Australian wines. Reservations: E£l£ 831 6262/66 S™ES 13] Orchard Road. Singapore *****7
      146 words

  • Page 31 Advertisements
    • 59 31 COACH LEGACY™ $490 "X /JmsK. J MF*i Wl Mm IML Mm m Z #Cc MM SWISS MADE FOR MEN AND WOMEN WATER RESISTANT WWW.COACH.COM CALL 734 3833 f r r>Ar H Chew Cheong 734 5096 Deluxe Eastern 235 3536 Nanking Watch 336 3658 k A Roy Eastern 734 2357 S*x*re
      59 words


  • Page 33 Miscellaneous
    • 2331 33 TODAY'S TV TVnul i A I I I 1-03 Talking Point. RECOMMENDED VIEWING rrmaiMMM L3O In Conversation. 2.30 PM TV Innovations. 200 News Day. A fr\\TT mr\r»r\ Never Talk To Strangers, 400 se 1!A «.oo Headline News. A lew more ril SOO Kidz Blitz: Little Hippo 603 On The Road
      2,331 words

  • Page 34 Advertisements
    • 22 34 *'»aroL. £g »;,k ■xpr««« y«wr««tf. W.ne Bor, Wh.sliy Bor A Music Bar with l,ve' entertainment at the Grand Hyatt Singapore 738 1234
      22 words
    • 102 34 barscene by night owl 10PM. I was standing in front of the Grand Hyatt questioning life, when I was rudely interrupted by the sound of crushed ice cascading into a glass of crushed lime and vodka. CAIPIROSKA! 1 exclaimed and rushed down the stairs to BRIX. There it stood. Not
      102 words
    • 141 34 MONET ENOUGH? Our new blockbuster show also features Picasso, Matisse, Gauguin, Chagall and Moore. Come see the stars of the art world! All part of Sara Lee Corporation's renowned art collection. It's your only chance to see these exquisite works as a single collection before Sara Lee Corporation donates the
      141 words

  • Page 35 Advertisements
    • 17 35 Some Singaporeans may run out of money half-way through their retirement.* Will you be one of them?
      17 words
    • 473 35 brought to you by Citibank Investment Services I 1 To find out how much you need for your future, i complete the Citibank Financial Needs Analysis Form now. Citibank Financial Needs Analysis Form J To find out how much you'll need for your retirement or children's education, please complete this
      473 words


  • Page 37 Advertisements
    • 230 37 i piL'f'jC* NL I ICI NL'i ICI T ROIU i rii~l 1'- i I Nu liC L l5 t :i; i if i?J i :j a mm* t i 1w a t tu.r n*»*' u j iw+r 0 J». jU«riw 9 -L. t 1 u*.*v -ss j TT wri ir-
      230 words

  • Page 38 Advertisements
    • 187 38 0% cnisisiL tnz (Ajatefi tjOLiuz aLcvaui ujantscl 'ionizdau toaau. Introducing Sincerc's new Privilege Purchase Standard l haltered credit card and von c.in Programme. V's, it's now easier tor von to be enjov paving bv instalments at o*. interest amongst the privileged rate. At Sincere I ine jffiSk Chjf njßn )§gy%
      187 words

  • Page 39 Advertisements
    • 194 39 IWC yj£jk*%£~j fy ¥(hS r^ s '/y f m vsv 20 6 1 X IWC jMON 22 ,40 20, M |t uIII AI NI 0 '%t X VV^\W^ /Q o "'"iliulml9 i\mV^ v v 1 120 V '^wgvmlßßßmp* I lu- l.s C liruno \utomatu I 2.00 por inuntli' I 2
      194 words

  • Page 40 Advertisements
    • 94 40 k\~*.** ••>*.'. i For all the right tools I > Xlfli R.nov.t. ."v./ 4 KA -v v /■.*..> ':¥S Call Koppol for a Renovation Loan 222-8-222 9' r To think, a complete transformation of your horns into somsthlng you'vs slways wlshsd for Is only a call swsy. Ths terms ars
      94 words
    • 219 40 M brought to you by Bank Next week: Financingfor golf and club memberships Give us your feedback and win > a NETS Cash Card reader The above article is the fourth of a 13-week educational This Cash Card reader^S;|ft] jJffjgJ series on personal finance. We would like to hear your
      219 words

  • Page 41 Advertisements
    • 7 41 CATS. Buy It. Sell It. Find It.
      7 words
    • 154 41 MHv Up To A Whole ■I New World Of Possibilities... BBmaMnnni Finance LEFS Limn. •y'«• j2«M| I jfr I i IW'imiA? 1 Jw <% $J* /»>* iMr mw RPR^i' V I IJ 1 <■/* < I Bi I®#Singapore Finance LEFS (local Enterprise Finance Scheme*) loan can help you ochieve your
      154 words

  • EXECUTIVE MONEY
    • 1092 42  -  The pace has been slow, but with technological progress and the recent market rally, more investors are jumping into cyberspace to trade shares, reports oemetibte cua GENEVIEVE CUA AS recently as a year ago, the idea of trading shares by pointing and
      1,092 words
    • Investing For Your Future
      • 1397 35  -  An NUS survey shows that many Singaporeans are not putting enough away for retirement or children's education, gembvxevecua has the details GENEVIEVE CUA IF YOU have a steady job, and are able to support your family plus put aside a sum monthly in some form
        FILE PHOTO  -  1,397 words
      • 258 35 AMONG the many eye-openers thrown up by the survey conducted by professors at the National University of Singapore was the fact that many Singaporeans are hazy when it comes to certain terms commonly used in investment planning. Many are unable to explain terms like compound interest,
        258 words
    • RESIDENTIAL PROPERTY
      • 1055 36  -  The Upper Bt Timah/Hillview condo belt has yet to see the price increases that developers are enjoying elsewhere in S'pore. marxssa chew talks to the property agents MARISSA CHEW WHILE prime condominiums have seen a price boost of late with the turn in sentiment, there
        FILE PHOTO  -  1,055 words
      • 280 36 SOME owners who bought their district 21 and 23 homes back in the heydays of the property market in 1995 and 1996 have had to let them go at substantial losses, caveats lodged for selected projects show. Springdale, a 999-year leasehold project by
        280 words
      • 1000 36 Property transactions for district 23 lodged between Feb 15 and Apr 29, 1999. Project Mama/ Prop Contact Ttnur* BulHtf Price P* Street Name Type Dal* Land Vm taq»0 (SJ'OOO) <st) Non-Landed Cashew Ht Apt 09/03/99 999 1647 680 413 Cashew Ht Apt 20/03/99 999 1658 760 458 Cashew
        1,000 words
      • 977 37  -  House hunters are turning once again to the prime location as new projects come up for sale, reports coßnrara: kerx CORINNE KERK NEW residential projects in the River Valley area are enjoying good response, reflecting the strong pick-up in activity in the residential market. Recently
        FILE PHOTOS  -  977 words
      • 347 37 BANKS/FINANCE COMPANIES YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 0-10 YEAR 11-35 Citibank* (max of 30 years) -1 to 5 years loan duration 4.0000 4.7500 5.0000 5.7500 5.7500 6 to 10 years loan duration 4.0000 4.7500 5.2500 6.0000 6.0000 6 0000 -11 to 30 years loan
        347 words
    • PERSONAL INVESTMENT
      • 1327 38  -  A look at how the strategies perform in different cases and how funds apply value averaging, smv taneja and bamxta shuvh report SHIV TANEJA,BANITA SHINH Shiv Taneja is editorial fund analyst and Banita Shinh is media consultant at Standard Poor's Micropal in London. The
        Source: Micropal Ltd  -  1,327 words
      • 675 38  -  Fond manager banks on stocks with upside potential Byi Catherine Ong WHEN share prices are running up, it may be difficult or well nigh impossible to pick stocks that are undervalued relative to their fundamentals. Dennis See, executive director of Pointworth Management Ltd, has no such
        675 words
      • 398 38 UNTT TRUST/SECTOR !6 MONTHS: 30SEP98-8APfl99) CHANGE BENCHMARK CHANGE To# 10 fund* 1 Templeton IF Korean/Korea EQ 130.03 Korea SE Composite 159.08 2 OCBC Savers Korea/Korea EQ 114.63 Korea SE Composite 160.08 3 Aberdeen Singapore Growth/ Singapore EQ 100 65 Spore Straits Times 77.21 4 Schroder
        398 words
      • 703 39  -  GENEVIEVE cua outlines features of sites such as DBS, Fraser Securities, Phillip Securities and J M Sassoon GENEVIEVE CUA IF you're new to online share trading, and have perhaps just browsed through the home pages of one or two cyber brokers, you may be bewildered
        703 words
      • 865 39  -  Asset management arm of UK-based CGU already manages $1.6b Asia-Pac mandates in S'pore By] Louis Beckerling [SINGAPORE] Morley Fund Management (Singapore) Ltd has set itself a target of doubling funds under management out of its Singapore office to $3 billion-plus "within
        SIEW YAW HOONG  -  865 words
      • 1342 39 Offered by carious banks (as at Apr 211. 19:99) Depoett MKXint 1-nrth 3-nrtti g-wlh Deposit amount 1-mth J-mth 8-mth At AS S10.000 A24 999 ***** ***** 4 0700 25,000 74,999 3 6875 3 6875 3 6875 A25 000 A49 999 4.1400 ***** 4 0900 75,000 149 999
        1,342 words
    • SMART MONEY
      • 1040 40  -  Banks have various packages for homemakers seeking financing for their renovations, ct.abtbsa taw looks at how the loan schemes work CLARISSA TAN YOUR kitchen badly needs a facelift, and you're thinking of knocking down the wall between your dining and living rooms to create
        FILE PHOTO  -  1,040 words
      • 372 40 These are some questions we've received following last week's feature, "Up close on personal credit", answered by a panel of experts from Keppel Tat Lee Bank. Do keep your questions and feedback coming! Ql! What is the difference between a charge card and a credit
        372 words
    • PERSONAL FINANCE
      • 735 41  -  THE FINER POINT Thristlng funds wltta track records may be better than new ones for investors putting money in unit trusts for the first time By Wong Wei Kong THE newest thing in town may not always be the best buy, savvy shoppers will
        735 words
      • 1012 41  -  Brokers'roles will include helping clients accumulate wealth and providing research information By\ Peter Douglas Peter Douglas is principal of GFIA Pte Ltd, an independent consultant to the financial services IN a recent speech, Koh Yong Guan, managing director of the Monetary Authority of Singapore
        SIEW YAW HOONG  -  1,012 words
      • 280 41 BANKS/BNANCE COMPANIES BELOW $3000 $3000-4999 $5000-9999 $********** $***** ft UP DBS (Auto-Save) 1.0000 1.2500 1.2500 1.2500 1.5000 Hong Leong Finance (Savers Plus) 1.3750 1.3750 1.3750 1.3750 1.3750 Singapore Finance (Savers Plus) 1.2500 1.2500 1.2500 1.2500 1.2500 HSBC (Cheque-Up) 1.0000 1.0000 1.0000 1.5000 2.0000 Keppel TatLee Bank (MoneyMax) 1.2500 1.2500 2.0000
        280 words
  • Page 42 Advertisements
    • 55 42 W Property W J Buying wave yet a to hit Upper Bt Timah/Hillview, em 10 Finance New is not always better, even for unit trusts, EM 15 Trading shares on the Internet, EMI3 Face of stockbroking in the millennium, EMIS Find out in our new series. EM9 Our Smart Money
      55 words

  • SHIPPING TIMES
    • 298 43 Bridge News, Reuters THERE has been a marked improvement in very large crude carrier (VLCC) rates in the west illustrated by sharply higher levels agreed from West Africa and the Mediterranean; Brokers said that charterers with VLCC cargoes are finding tonnage tight on certain positions, hence the higher
      Bridge News,; Reuters  -  298 words
    • 279 43 v- w CWT Distribution 0.87 -0.02 187 Chuan Hup —0.91 unch 548 Cosco Invastmant 1.00 0.01 251 Frtight unki 0.27 unch 7802 08 naidtngf 0.60 -0.02 373 Hal Sun Hup -0.61 -0.02 774 IMC HoMngs-HK 5.60 uncfi 0 Jaya Holdings 0.90 0.02 1680 Jurong Shipyard 6.85 0.35 566
      279 words
    • 443 43  -  High growth in previous years and impact of Asian economic crisis cited for decline By\ Marcus Hand [SINGAPORE] Demand for fast ferries newbuildings are expected to decline over the next two years as a result of the high growth in the previous
      443 words
    • 287 43 Reuters [WELLINGTON] Australia New Zealand Direct Line (ANZDL) has opted to drop the Port of Auckland in favour of Port of Tauranga as the New Zealand call for its fixed-day weekly liner shipping services to North America, Australia and the Pacific Islands. Port of Tauranga
      Reuters  -  287 words
    • 640 43  -  ADMIRALTY CASEBOOK By I Selva Kumar THE English Admiralty Court has ruled that a reasonable ship owner ought to conduct a full investigation before committing a cargo owner to pay for a long tow from the Red Sea to Singapore under
      640 words
    • 298 43 [SINGAPORE] PSA Corps overseas port ventures will be Y2K ready by June this year, in line with its domestic operations in Singapore. A PSA spokeswoman told Shipping Times that all the group's overseas terminals that use its IT systemswould be Y2K
      298 words
    • 493 43  -  From Rajendra Bajpai in New Delhi INDIA'S 125 year old Bombay port is locked in a battle for survival and has planned a host of measures including modernisation of its operations to reposition itself. The port is faced with a sharp decline
      493 words
    • 1047 44 CARGO CRISIS It is a misty future as hard economic times force Sabah's many log carriers to look elsewhere for business Bernama IKOTA KINABALU] SABAH's shipping industry is heading for a misty future amid competition. a lack of cargo and difficult regional economic conditions. An
      Bernama; AFP PHOTO  -  1,047 words
    • 317 44 PACE Frota 12 ANL 3 M Links 14 Accord 8 Ahrenktel 14 Gemartranj 6 AASCO 12 Genshpg U Appenship 5 Glory Na* M AsiaOCL 5 H4,SunM «P «2 Austral "an*, 7 Avant 14 H4n,,n 3 B'tanq Mas 8 A 4 BSA 7 How > h 13 BTL
      317 words
    • 18495 51 THEBUSINESSTIMES EXPORT ETA ETA Advertiser v*ss»i Voyage Telephone ETA ETA Advertiser VraH Voyage Telephone SIN Dest'n Nam* Nam* Number Number SIN Destn Nam* Nam* Number Number gMMMMtMMMMNMMMHMMMMMMMNNMMNMMMMMMMMMMNMMMI It/05 20/06 NYK IRIS 00JN 65 *****23 To ABIDJAN (ABJ) 2003 Cot# D'lvolre To BUENOS AIRES (BUE) 2060 Argentina 07/05 24/05
      18,495 words
    • SHIPS IN PORT
      • 708 57 Vessel Voy No Berth Arrival Departure JVM| Pfft Aqua lucky 07/99 J02 itoogsKX 29.04/2300 Bt li*r Lina 0)0499 JOl alongside 29 04/2100 81 Wus Mall *****9 JOl alongsidt 29.04/1800 Bt Riko Apr29 JOl alongside 29 04/2359 Bt S*»atl *****9 JOl alongsid* 29 04/1800 Bt Swiati4 *****9 JOl alongside
        708 words
      • 1828 57 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/iUlanct Rstls Ship Voy Ho Etb/Btr Period From To From »c. (kmu oou tamoo u nmoo 21/3451 nmoo nmoo 21/145 1 21/1100 2* 21/1700 30/0451 M/OIOO 21 21/1700 30/06M 30/0*00 xi/ono M/nn io/moo 4 30/1200 M/MM 30/1700 Utltgn MIS 02/2300
        1,828 words
      • 174 57 Apr 30 Denmark: General Prayer Day. Finland: May Day Eve. Mayl Greece: Labour Day. Germany: Labour Day. Austria: Labour Day. Belgium: Labour Day. China: Labour Day. Finland: May Day. France: Labour Day. May 8 France: Victoria Day. May 13 Indonesia: Ascension Day. Germany: Ascension Day. France: Ascension Day.
        174 words
      • 767 57 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars Instead at 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
        767 words
      • 370 57 Carton MOUi 995.1 0.9 19.6 0.10 66 0.09 A#r 22 OMsttY Mttr NsMm Ask AMbMmi ii*ii«1 No «6om £25 1 0 C 0 0 0 300 Ay* 967.3 0.4 13.0 0.07 43 0.02 [nM 300 Ma 994.2 10 19.5 0.11 250 0.05 WH'3 %»/V %MA» W
        370 words
    • AIR & LAND TRANSPORT NEWS
      • 334 58 He cites bottoming of downturn, improving capacity outlook, cost-cutting measures AFX-Asia [HONGKONG] Asia's regional airlines are set for a cyclical rebound and an overall improved structure, according to a report on the sector by Prudential-Bache Securities' aviation analyst Sanjeet Devgan. The report said
        AFX-Asia; FILE PHOTO  -  334 words
      • 56 58 [ROTHENBURG, Germany] Construction workers of German railway Deutsche Bahn AG inspecting the damaged track after a German high speed cargo train ICG derailed in a tunnel between Fulda and Kassel near Rothenburg on Wednesday. Deutsche Bahn AG announced that nobody was injured but the incident caused
        REUTERS  -  56 words
      • 265 58 Reuters [HONGKONG] Shanghaibased China Eastern Airlines Co said on Wednesday the new Sino-US aviation agreement offered the company's new air cargo company a bigger base for growth. "We are the fourth largest (Chinese) airline permitted to fly to the United
        Reuters  -  265 words
      • 234 58 Bloomberg [HONGKONG] China Eastern Airlines Corp said it made a gain of US$25 million (5J42.4 million) from the sale of 13 planes to General Electric Co's Capital Aviation Services. The airline's chairman Fu Yunbi didn't give a price for the 13 Boeing MD-82 aircraft it sold
        Bloomberg  -  234 words
      • 419 58 Deal called off after cancellation of tax breaks, subsidies Bloomberg [DEARBORN, Michigan] Ford Motor Co, the world's No 2 automaker, said it won't build a proposed US$l billion (SSI.7 billion) factory in the southern Brazilian state of Rio Grande do Sul because
        Bloomberg  -  419 words
      • 324 58 Tests show flight systems will perform normally during changeover AFP [SINGAPORE] Airbus Industrie has assured Asian carriers that primary flight systems on its aircraft in the region will not be affected by the Year 2000 (Y2K) problem, the European plane maker said
        AFP  -  324 words
      • 266 58 AFP [TOKYO] Japan Airlines Co Ltd failed to report 2.6 billion yen (SS3B million) in taxable income in a bid to generate money to pay off corporate gangsters, reports said on Wednesday. The flagship carrier allegedly evaded taxes for this purpose for
        AFP  -  266 words
      • 336 58 Reuters [LONDON] Lawmakers pressed Britain to toughen up its transport policy on Wednesday in a parliamentary report calling for new measures including tighter control over Railtrack pic and a supermarket parking tax. The cross-party Environment, Transport and Regional Affairs Committee broadly welcomed Britain's Integrated Transport
        Reuters; FILE PHOTO  -  336 words
      • 1789 58 an FU6HT ETA FU6MT ETC LH7B6 1605 IH6373 2355 iiiilrirta ANS230 1900 N***** 1605 $026 2355 IH63T WOO IH787 2359 $0230 WOO 4MT W S***** 2359 Amtmtm $023 0705 KLB44 0040 $0327 0745 KL843 1730 M—M SOW 1645 S0990 0105 6A973 0945 'IU.B38 2300 GmmqzDM PIC
        1,789 words
  • Page 43 Advertisements
    • 18 43 Too little to spread around Hard times forcing Sabah's log carriers to look elsewhere for business. Page 2
      18 words
    • 51 43 Asian airlines set for rebound Bottoming of downturn, improving capacity outlook Back Page Cup TipuTTO^l Any Destination, Any Time. Sailing schedules to the 7\mericas more. 24 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. I Another innovative service offered bv l iii Hi si\i:ssTimi s smii'piv. I
      51 words

  • Page 44 Advertisements
    • 1336 44 I NORTH AMERICA ~1 I EXPORT 1 I OTHER DESTINATIONS H sax-SUPER SHUTTLE EXPRESS OffllCT TO LA II WEST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) viiisa voy pnsSrTnßW ionghacm dmus hoiiston oouoo mwyom noocoott wssa voy h-Qutim| aouuyu miiotßgo cowwtq nuum wwvßmjtA maxoih looauufotNu Stsio osTos ovos iiTos nWWii m7os
      1,336 words
    • 829 44 Una* services representee r'flSl-) "y Mswbts o> fte Wegwtry of VpHKy Accredited Shipping Agents. Singapore Shipping Association Members o» the i g a p o *j^232t^ 3,> ,t,er NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANIIE (MONTHLY SERVICE) MV "TBN" ETA SIN 15/05/99 BOOKINGS CALL MONKA/JU UNO
      829 words

  • Page 45 Advertisements
    • 1159 45 TO EUROPE FROM EUROPE VKSfI VOY SIN Mjjj AUK HAM HV SOU FIT Ujj_ VfSSB VOY HTM AKK HAH WV SOU FIT liH SIN MAAS 529W 30/04 14/05 U/OS 11/05 27/05 HYGBOAI 3171 01/04 10/04 13/04 07/04 01/05 NOLCYPtINI 011W 03/05 20/05 22/05 25/05 19/05 NOtWIS 00K 11/04 13/04 14/04
      1,159 words
    • 2517 45 (g) HANJIN SHIPPING !ik P1 tlfcMrilM -S*s *****30 HAMJIN SWPMM6 (S) fTI LTD In** cow MMjjjt *****35 737 SOUS *****74 731 DOCUMtW *****71 774 OPHATIQUS *****50 75) MAIM UK *****5S HU *****60 aMO **********0 M TO NW USA CANADA USA CANADA FM VSL/VOY MM SM~" UMHAII/VOY SIA TTW KM TO
      2,517 words

  • Page 46 Advertisements
    • 1643 46 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANCANADA ttSSEI VOY SIN Lfli HTM WW HAW MV FU VESStI VOY S* MT 1H HIS ftC Wl nuofsaac trata 3004 am 23 as am 210s am shanghai senator wmtno mm his 11 h job am bibb HAKIM MALTA WM7I MO6 21OS 23 K 24
      1,643 words
    • 913 46 til MAC-NELS S PORE M'SIA P Carrier MM CONTR LINES, INC P. GUDANG: (07) *****26 I MV/V" J CWMO<IIIIIIIIIIIB SCO: (084)*****9 MANILA: (632)*****24 PENANG: (04)*****36 BANGKOK: (862)*****67 SURABAYA: (31)*****0 P. KELANQ: (03) *****77 JKT: (21) *****07 MOW: (61) *****3 KUCHING (082) *****1-3 CALCUnA MADRAS MV "HARUN" V.Ol 2N MV "OCEAN
      913 words
    • 505 46 LINE TILM«34MMXiISUIia MUARA 1 LABUAN vcsa yor no fu vcsa vor rru ru SPOKNUAIA SPOW LMI J mora Wt/W 01/05 04/0S JPOOSPB VOH/W 01/ OS 05/05 (AAAAA JN337 VIOI/W 07/05 10/05 OUUUJN337 VIOI/99 07/05 11/15 JPOOSPH VIOI/W 11/05 14/05 JPtOSPB VIM/99 11/05 15/05 CNUKAM33? VI «/f» 17/05 JO/05 CAIAKAJN333 VIOI/99
      505 words

  • Page 47 Advertisements
    • 1290 47 |VESSE» VOY KHH HKG SIN PKG PQB PXB DMM BA I BIK "I IRAN BAABAEI PJLI34S 30/04 03/05 04/05 13/05 14/05 15/05 17/05 19/05 IRAN TAKHTI PJLI346 07/05 10/05 11/05 20/05 21/05 22/05 24/05 25/05 IRAN TABATABAEI 5-103 12/05 14/05 18/05 19/05 28/05 29/05 30/05 01/06 03/06 IRAN LORESTAN 5-102
      1,290 words
    • 2217 47 W*«kly Sailing to Mm NotoMah, 1 Djibouti (Via NmQ J SINGAPOti'S GENERAL AGENTS: rSHMTONWAT TIL 2241 WO FAX:22»220» OUTWMDII/L) *****02 ur ,ui I.U .iill COSTAR SNIPPING PTE LTD #17-MDKHOG SAIIS/MGS *****57/60 INWARD MFT ID/0) *****55 COSTAR AGENCIES (Mj SDN BHD Ct NO: **********0 M TOWER TWO(O6MO9) COHVEMTIOMAI 420M50/55 T/SHr>»TjtfT__^_^2oS«S__JlLo2-oMsjm6JAlj_o2^72^ VSiyvOT
      2,217 words

  • Page 48 Advertisements
    • 1480 48 EUROPEAJK/SCANOINAVIAyTINLAHD/WUSSIA MOZHIM SGP ROM ANW HBG THP ZEE LHV LHV THP ROM AMW HBG Pitt SGP E DYNAMIC RW 004 02/05 24/05 26/05 22/05 24A5 25/05 26/05 E RENOWN RE 033 08/04 10/04 09/04 11D4 13/04 03/05 04/05 E DEVOTE RW-006 08.05 27/05 02/06 29/05 31/05 0106 02/06 E RIGHT
      1,480 words
    • 908 48 PACIFIC INTERNATIONAL UNES (PTE) LTD A Mik 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO: **********06 I lIVIttR VOT mI Ml Hit srp Ml M «n AM Htt ml siT I lUNGA TIRATAJ 3 1/5 30/4 2/5 I 12/5 15/5 10/5 24/5 2//S I *****DTY 039 ih tT'TTo/s
      908 words
    • 558 48 rt* NANTAI LINE j FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VOY I SIM PUI QUI JNB CPT W NANUIOMGON *0135 04/05 15/05 1f705 77/05 73/05 NANIAI VENUS <0345 11/05 74/05 30/05 "OT/OT 03/0* 1)4/04" GOLDOt WAGON jjjg 71/05 05/04 OT/04 "n/oT 13/04 NAMTAIQUEEK <0355 01/04 14/04 70/04 73/04
      558 words

  • Page 49 Advertisements
    • 463 49 BSfl x d i s f ci ymm MYANMA \pßßk FIVE STAR LINE (Myonmar National Line) Loading for Yangon (Rangoon) VlSSfl VOY SIN PKI MM PGU (AGO VIO9W SU) PHTTA 16JW 03/05 MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL TEL (03)*****00 PKI: m (03) *****01 PEN: TH (04)*****02 PGU: TEL (07)
      463 words
    • 1339 49 HMMO HYUNDAI MERCHANT MARINE CO., LTD. Ivpsa "W "siT* soul lbi rem I ant ham brv fa Ivcsa voy|sou|i»[rim|ant|hmi|BwH m API AUNANOME 308W 30/04 17/05 22/05 19/05 20/05 MY GMRAL JI7E 10/04 14/04 10/04 11/04 01/05 MAAS 529W 30/04 21/05 22/05 14/05 19/05 MX BBS 0081 14/04 17/04 11/04 13/04
      1,339 words
    • 869 49 -vywajo- specialized outocamer, W* Qismis TO NORTH AW'LATM AMERICA RORO HEAYYUFT SERVICE" VESSEL VOY RAMP HEIGHT SIN LAX CRL NUA SAV BAI ORE NYC WW HOI TAPKHA F9TO 400 Tom T3M TO76T 10/06 TVO6 22/06 24/06 26/06 27/06 29/06 03/07 06/07 TAMPA E9ll 400 Tom 6.3 M 2S/0S 25/06 04/07
      869 words

  • Page 50 Advertisements
    • 2088 50 VESSELS VOY I SX I PKL I JED I MLA LEH RTM HAM ZEE SOT VILLE D 1 AQUARIUS U3IW 03W6 06/06 13/06 18/06 24/06 25AK 27/06 26*06 2ft>o6 V-LE DE ANTARES L3IW 11/06 12/06 20/06 2SQ6 31/06 Ql/06 03/06 04/06 06/06 VH-LEDE VIRGO S3IW 16/06 IAKO6 27/06 01/06 07/06
      2,088 words

  • Page 51 Advertisements
    • 50 51 |£flgflg| ORIENT PACIFIC CONTAINER UNE LIBYA BENGHAZI TRIPOLI Look Up Our Schedules On PG 4 See Our Ad On PG 12 OCENUS SHIPPING AGENCY PTE LTD NEWSHIP AGENCIES NEW GUINEA PACIFIC UNE CHECK OUT THIS Our Schedules Are FOR On PG 5 H swire shipping NEW ADVERTISERS AGENCIES PTE LTD.
      50 words


  • Page 53 Advertisements
    • 49 53 STE*fc Dial 740-6000 on demand Sr (Retrieve more schedules!) Press-r .jpv Select the port and key in SiKJ the four digit code eg: To New York (NYC) 2275 stbT) Key in your fax number Enter your phone number Another innovative service offered by The document Will be Shipping Times
      49 words

  • Page 54 Advertisements
    • 143 54 h Mitral QtjjL LlnesLtd (FOREST PRODUCTS SERVICE) FROM: U.K./ COWTIWEIIT/ MIDDLE EAST TO: FAB EAST EVRQPE Vissa/VOY SIN LAEMCHAIANG HUMIA HONGKONG KSUJNG TAW SKN KKU TNU OCEAN QUEEN V3SA 28/04 30/04 iH»*iS/sni/FiusHi*c/**Twi«p VKSa/VOT Ptt SIN AIfSTRAUA/NEW ZEAIAND TM 20/05 18/05 MALAYSIA HSH (M) SON IHO TAWAU CAPRKDM MKNT SVCS PORT
      143 words
    • 192 54 SHIPPING LINE 41 if '1 f'l L ■IVI 111 Bn .I I I [CM§U I LIBYA BENGHAZI TRIPOLI Ivßsaimtt I vomo I wowi swgapoh dumi mnatum dot i«g>uzi twtou UMA£I P*l34S 23.01* 03.05.W I3OSW It BHUMgS 10 OS W 110SW 12.05W lUHTI PAIM 3104* IOOSW 7005 W RttUM I 7
      192 words
    • 166 54 ESP LINES WEEKLY la AMD FCI StKVICE CMTTAGONG. MAMAS lANGCM. HOM lOM HAMUK. KOTOM* KMHAT. COIOMO JACAfTA. BAMU AWTWBf, nUSTOW CAIQffTA HO CHI MMH. HAJfHOWC RECUUtf COWTAIHHHSB) WPOWRUN SBtVIG I VBSfl/VOTAGf STOM 1 «T an WK SM rtttUl I /0437-437 tk/H M/M 31/H PtttUl /POW-OW 77/84 AIM S OUUiUW '077
      166 words

  • Page 55 Advertisements
    • 1146 55 vp-SAMUDERA shipping line ltd 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CD HO. 1047SSMM00 ■JIbH TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LINE: 535 6266 Celia/Jessica/Mei Chan/Jeslynn/Dora/lwy/Hanim ESSnZMBECBGBB 8 slgs/week every 4 days VESSEL y®* SIN JAK VOY SIN
      1,146 words
    • 864 55 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO no SIN I JUT I SU» I »IW POO |W BOM I HAL I NYL OOF SAV I NEW I TAR I HOU I HCXGHIWAHD* /07S0 121/05 74/05 OS/OS 07/0$ 71/ OS. _01Z04_ j>l/04 17/04 01/07 17/07 13/07 14/07 20/07 25/07 71/07
      864 words
    • 46 55 SHIPPING* WAREHOUSING BjaangHH Baton: SingafW I !>"!> Mon K> S* (BATAMINDO l/ 111 I Accenting RCTX«rv«rtional/PlT)joct/Hea>> I jit CaiyoA Reefei Container Binton: Singapore leading Mon. Wed &hn (BATAMINDOII) Accepting K"1 A'oivtrtional/Hroftxl Heavy Ijfi Cargo Tafe 227 0322 Fu: 222 9330 Pt« Ltd Br r— *03-51 SHf»» OWM4
      46 words
    • 668 55 Singapore Soviet Shipping (PL a No lOOSOUOOOON Multiline Shipping PL V 33) (WMy Owned SoteAry! a Ho **********0 C VESSEL VOY SIN BOM PNG PKL KOTARATU RKUO43 05/05 12/05 TBA 23/05 KEDAH 129N 11/05 19/05 TBA 30/05 KOTA RUKUN RKNO37 17/05 25/05 TBA 05AM [VESSEL VOY SM CALCUTTA 8W KOTAPETANI
      668 words

  • Page 56 Advertisements
    • 612 56 I VESSEL VOY SIN MAA SIN TIGER SEA 705N 02 02/05 07 09/05 14 15/05 TIGER BAY 706N 04 05/05 11-13/05 18-iat» TIGER ISLAND 707N 07 08/05 141&05 21-22/05 TIGER PEARL 708N 11-11/05 18 2005 25-25/05 TIGER SEA 709N 14 15/05 2123/05 2&29/05 TIGER PEARL 710N 1fr1&05 25-27/05 01 02/06
      612 words
    • 1059 56 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ASHDOD COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MALTA SAN ANTONIO CALLAO, PERU ISTANBUL MEXICO CITY SANTOS COLON, PANAMA IZMIR NHAVA SHEVA TAICHUNG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong 852-*****113
      1,059 words
    • 1264 56 OOCL (Singapore) Pte Ltd CFS Keppel Distrpk 65 CMm St OCK Ctr #42-00 *****13 *513 #***** a NO **********0H Tth 272 7127 rm d-km/ Ut *****43 fu: 438 2966 Fu: 272 782S £JL Orient Oveneas Container line "W (Malaysia) Sdn Bhd (Reg Na *****2-UI cat yS PETALING JAYA W: 03-756
      1,264 words

  • Page 57 Miscellaneous
    • 131 57 TT?T(Of\ fk-.-jV LEGEND R Thunderstorm Temperature c X\ ■y Shower Weather Wind direction with speed m knots e Ram Cloudy Sky Wav he, 9 ht Surface winds are mdicoted by orrows which «y with the wind \*J One fufl circle represents calm or light and variable winds One hart fleche
      131 words