The Business Times, 4 June 1999

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 56
1 56 The Business Times
  • 12 1 THE BUSINESS TIMES MITA (P) 046/12/98 85$ SINGAPORE /ntern^tTrt/^./'^Jtlsiness-times.asial.com.sg/ FRIDAY, JUNE 4,1999
    12 words
  • 59 1 PI BDBO FDIUIBS U 272.70 (4-1.60) glimr moods STOCK WUUOBIDQHQB Tbnmtagr Change KL8EC0MP 744J0 AM NIKKEI .MWii -M« BANG SENG 1****** +tt17 SET INDEX 47t* +1.1S JAKARTA OOMP _J87i7 +IXM MANILA OOMP 1382.41 -UM TAIPEI WP! 7,***** «M» SEOUL OOMP 77SJ1 >211 CUBA CHINA B MM *47 ACST
    59 words
  • 73 1 FOBEX BATES OS» 81 U8$ IW £(USS/8Sper$— L6M 1771 BflKHUBfOtivB 1.887 t.Tfl Ml -Zim Mtf TEH IllJ-L LIB* RM UN MM BIB > 7.766 u» MKT I7Jf 1N7 KJPIAH 8,111 Mtl* 'Stto lOOunttt •stmmmMi rauuns H SINGAPORE* &8K KOALA LUMPUR 11.60 mm 28.W RA1WHJK 14.76 MAMLA 2Z.S0 BONQKDNG 1026
    73 words
  • 547 1  -  SIA challenges accusation that it copied BA's First Class sleeper-seats By i George Joseph [SINGAPORE] A First Class spat has erupted between Singapore Airlines and British Airways. Britain's national airline thinks SIA is a copy cat. It has accused SIA of copying "some
    547 words
  • 1033 1  -  damp-down effectively means all ynan conversions have to be done on Fromi Quak Hiang Whai in Hongkong CHINA yesterday effectively put a stop to the overseas trading of the yuan in a move seen to be aimed at plugging leakages of foreign
    1,033 words
  • 648 1  -  Legal difficulties over valuation of derivatives dted By i Catherine Ong [SINGAPORE] The liquidators of the collapsed Peregrine group, a Hongkongbased investment bank, will be witholding payments to creditors owed US$9OB million (Ssl.6 billion) in derivative contracts. This is because of "certain
    648 words
  • Page 1 Advertisements
    • 157 1 M *Urß (kuMat HP Hewlett-Packard Singapore's shift into higher value-added activities has had an unfortunate result a voluntary severance plan that will affect some 300 lowerSkilled production staff. But it has also yielded a happier scenario: HP expects to hire more than 240 skilled professionals by year-end, Pg3 Ml Lick
      157 words

  • EYE ON THE YUAN
    • 626 2  -  COMXEMTABY Shutting down offshore RMB accounts Just reflects Bering's seriousness about plugging any foreign currency leaks tiy Larry Wee FOREIGN banks with renminbi (RMB) accounts with the Bank of China were told yesterday that their RMB payment instructions will no longer be accepted from
      626 words
    • 416 2 In contrast, traders elsewhere jumped at China central bank's policy change Bloomberg (HONGKONG] On trading floors across Asia, bankers and brokers jumped as word spread that China made a policy change that could herald the depreciation of the yuan. On the corner of
      Bloomberg  -  416 words
    • 105 2 Bridge News [HONGKONG] The Hong Kong Monetary Authority (HKMA) came out for the second time in a day yesterday to dispel fears that China's yuan would be devalued after foreign banks received telexes in the morning from China's largest foreign exchange player,
      Bridge News  -  105 words
    • 589 2 Yuan rnmonrs resurface but are largely ignored AFP [SINGAPORE] Most Asian currencies ended lower against the US dollar in range-bound trade yesterday, but shrugged off renewed speculation about a yuan devaluation, dealers said. "There was not much impact on the Asian currencies," said
      AFP  -  589 words
    • 94 2 Kj The fallowing is the full text of a notice issued by the Bank of China to Japanese and Western banks, a copy of which was obtained by Reuters yesterday. The notice u>as issued in English. issued by the State Administration to inform your good bank
      94 words
    • 168 2 Tfcej say they've •Iweys dona yum conversions in China (SINGAPORE] Singapore businessmen with dealings in China said yesterday that the move by Bank of China to stop overseas banks from transacting yuan among themselves would have no impact on them. "We've always done conversion
      168 words
    • 316 2  -  They say it'll end ■free market' in yuan trading abroad By\ Soh Tiang Keng [SINGAPORE] Money changers in Singapore said yesterday that they would find it difficult getting yuan if the Bank of China stops banks overseas from dealing in yuan
      316 words
  • Page 2 Advertisements
    • 158 2 Investors with a London Rental property should (a) visit our website today and (b) call lain Crichton in S'pore this weekend! It s really worth knowing more about Capital's 12.5% London Letting <& Management Package. If you have a property to let, or are interested in the rental service we
      158 words

  • SINGAPORE AT HOME & ABROAD
    • 755 3  -  It's organising job burs and expects 300 to accept deal; also plans te hire MO skilled staff fly Jennifer Lien HEWLETT-PACKARD Singapore's shift into higher val-ue-added activities has had an unfortunate result: a voluntary severance plan that will affect some 300 lowerskilled
      755 words
    • 273 3  -  IfAH.PAft P Leesinsky via Internet Hongkong IF your readers will indulge me for a moment, I would like to continue the theme of my letter of May 18 which seems to have fellen on deaf ears in Singapore. In that letter I tried to convince investors
      273 words
    • 377 4 High Court say s firm has to compensate 2 investors; Tat Lee Securities appealing The Straits Times A SECURITIES firm is responsible for fraud by its remisiers, and it is bound to compensate investors for any losses caused by such remisiers.
      The Straits Times  -  377 words
    • 235 4  -  By, Arthur Lee UNITED Overseas Bank has seen a 10 per cent increase in purchases charged to its credit card, thanks to its 10th anniversary "win a condo" lucky draw. Francis Hsu, general manager of UOB Card Centre, said that under
      ARTHUR LEE  -  235 words
    • 428 4  -  By] Marissa Chew EVEN as talk of a economic recovery this year hits the headlines, It's too early for the communications Industry to be celebrating, said Ogilvy Mather Singapore's chairman. Mike Murphy instead expects total spending on communications
      428 words
    • 85 4 Corrections clarifications DBS BANK has pointed out that for Credit POSB customers who do not accept its new fixed-rate home loan package, their interest rates will gradually move to market levels over 3 years from Jan 1, 2000 to Dec 31, 2002. A BT article yesterday headlined "DBS offer: Credit
      85 words
    • 270 4  -  EYE ON THE ECONOMY Prices By Eugene Low WHOLESALE prices edged up slightly in April after 16 consecutive months of decline, latest figures from the Department of Statistics (DOS) show. The domestic supply price index rose 0.2 per cent year-on-year to 83.9, boosted by a
      Source: Dept of Statistics  -  270 words
    • 440 4  -  DmbpntaUig advantage of revived (raying interest By\ Marissa Chew NINE private residential projects which had been allowed to postpone their completion dates have taken off after all. The projects were given an extra three to four years to complete construction, but their
      440 words
  • Page 3 Advertisements

  • Page 4 Advertisements
    • 30 4 Fly Aeroflot business class direct to Russia or the «CIS. You'll enjoy VIP check-in, a tempting spread Jctapced Tf««cl Pic Ltd Teb 337 8868 Tiwdwdl P»e Ltd Tcli 339 7556
      30 words
    • 494 4 bag the best buys of the century grand lucky draw WIN 3 MITSUBISHI CARS PLUS UP TO $60,000 WITH VISA* RULES 1 REGULATIONS A minimum purchase of $20 In one receipt from any CSS grand draw participant ratidn you to one chance at the lucky draw 1. Only original lucky
      494 words

  • SOUTH-EAST ASIA
    • 272 5 MANILA AFP PHILIPPINE President Joseph Estrada said yesterday he would meet officials of Honda Motor Co Ltd in Japan to try and prevent the transfer of some Honda operations in the Philippines to Thailand. Mr Estrada said he would also meet
      AFP  -  272 words
    • 328 5 SINGAPORE Poor demand for oil cited; move may signal shift in Shell focus to West M'sia Bloomberg ROYAL Dutch/Shell Group, the world's second largest in-vestor-owned oil company, says it plans to sell its Lutong refinery in Malaysia to cut costs
      Bloomberg  -  328 words
    • 317 5 JAKARTA lit questions Suharto's motive in suing over old news AFP TIME magazine insisted yesterday that it was standing by its story that former president Suharto and his family amassed a US$l5 billion (Ss26 billion) fortune during his three decades in power. Time
      AFP; REUTERS  -  317 words
    • 131 5 MANILA Bloomberg TEXAS Instruments Inc (TI), the No 1 maker of semiconductors used in cellular phones, shipped more goods overseas than any other company operating in Philippine export zones during the first quarter, the government said yesterday. TI exported U*****.3 million (SS73I million)
      Bloomberg  -  131 words
    • 423 6  -  Proposals focus on each firm separately, says Danaharta From Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S national asset management company Danaharta Nasional yesterday revealed that it is looking at 23 proposals to buy out six debtridden stockbroking companies, and promised to
      423 words
    • 73 6 REMBAU, Negri Sembil&n Bernama UMNO'S election machinery at every division is all geared up for the next general election, party secretary-general Khalil Yaakob said yesterday. "When the general election is near, this will automatically activate the Umno election machinery at all divisions. This is to
      Bernama  -  73 words
    • 462 6 KUALA LUMPUR Move seen as Daim tightening grip on economic policy Reuters MALAYSIAN Finance Minister Daim Zainuddin, strengthening his hold over economic policy, has replaced the ministry's top civil servant with a hand-picked lieutenant. The government announced late Wednesday that Finance Ministry SecretaryGeneral Aris
      Reuters  -  462 words
    • NOTE Book
      • 109 6 AFP [KUALA LUMPUR] Malaysia will fork out some 500 million Malaysian ringgit (***** million) as gratuity for some 800,000 civil servants after freezing all pay raises and withdrawing the annual bonus last year. Finance Minister Daim Zainuddin announced yesterday that all government staff, including
        AFP  -  109 words
      • 73 6 AFP [JAKARTA] Indonesia's net foreign exchange reserves stood at US$l5.9 billion (5527.5 billion) on May 31, down from US$l6 billion a week earlier because of debt repayments, the central Bank Indonesia said yesterday. The bank said gross foreign reserves declined to US$26 billion from
        AFP  -  73 words
      • 90 6 Reuters [SINGAPORE] Satellite images have detected a significant increase in "hot spots" or fires in Indonesia following a week-long dry spell, Singapore's Ministry of Environment said yesterday. But neighbouring Singapore and Malaysia should escape prolonged smoke haze from the fires as La Nina
        Reuters  -  90 words
  • Page 5 Advertisements
    • 152 5 MAJOR PUBLIC CARPET AUCTION RETURNED EMBARGOED SHIPMENT OF CARPETS TO BE AUCTIONED WITHOUT MINIMUM RESERVE PRICE SUNDAY 6 JUNE CROWNE BALLROOM ROYAL HOLIDAY INN CROWNE PLAZA VIEWING: 10-1 1.15 AM AUCTION: 1 1.30 AM Ordered liquidation of large shipment of returned embargoed Persian and Oriental carpets by a major carpet
      152 words

  • Page 6 Advertisements
    • 2570 6 «?<*S» "=/£>" r Notice of Annual General Meeting OUffll z*TZZisZ:: 3153 swi ,co 9 consider and if pass th< fo,,ow,n n Res ,uti ORDINARY BUSINESS RESOLVED THAT, subject to the Special Resolution being passed, pursuant to Section 161 of the Companies Act 1. To receive the audited accounts for the
      2,570 words
    • 38 6 THE WORLD'S LEADING 1 OFFSHORE COMPANY AND TAX PLANNINC SPECIALISTS fv Incorporation Fees from USSSOO BAHAMAS JERSEY f/ m BRITISH VIRGIN MAURITIUS B i f ISLANDS <# V SEYCHELLES fifl, CAYMAN s- 5 ISLANDS SAMOA W IRELAND 'Mk I
      38 words

  • ASIA ON THE MEND
    • 548 7 Best performing currency in the past year, np 17.2% against US$ Bloomberg [SEOUL] South Korea's central bank says "very urgent" action must be taken to curb the rise in the won, fuelling expectations that the government may sell dollars. The central
      Bloomberg  -  548 words
    • 180 7 Reuters [BANGKOK] Thailand's largest commercial bank, Bangkok Bank pic, said yesterday that Thai interest rates could drop further but it doubted that a further fall would stimulate the economy. Kosit Panpiemrath, chairman of the bank's executive board, said rates could drop another 100
      Reuters  -  180 words
    • 328 7 Bridgenews, AFP [KUALA LUMPUR] Prime Minister Mahathir Mohamad said Malaysia may issue euro and yen bonds by making use of the partial guarantee facility provided by Japan under the Miyazawa plan, national news agency Bernama reported. He said the market was good for
      Bridgenews,; AFP  -  328 words
    • 523 7 DEBATE OM ASIA'S wwiiHß —tat not a sodden plunge that will hit E Asian recovery The Straits Times [TOKYO] Senior Minister Lee Kuan Yew said yesterday he would like to see some correction in US stock prices, but not a sudden downturn that
      The Straits Times; AFP  -  523 words
    • 410 7 Reuters [TOKYO] Asian leaders and top officials yesterday chanted the mantra of regional cooperation to prevent a future economic crisis, but their proposals appeared to break little new ground. Outspoken Malaysian Prime Minister Mahathir Mohamad reiterated his de-cade-old call for an East
      Reuters  -  410 words
    • 379 7  -  70% in survey intend increasing exposure over the next year By{ Clarissa Tan [SINGAPORE] Institutional investors from around the world are keen to increase their exposure to Asia, and many of them think Korea has the best growth prospects, according to a survey of
      379 words
  • Page 7 Advertisements

  • CHINA-HONGKONG-TAIWAN
    • 55 8 [BEIJING] A People's Liberation Army soldier holds up a tattered glove yesterday to block a visitorfrom peering through a fence surrounding Tiananmen Square in Beijing which has been fenced off for renovation. The flagstones on which student rebels pitched their tents 10 years ago are now being
      REUTERS  -  55 words
    • 142 8 HONGKONG AFX-Asia HONGKONG Monetary Authority deputy chief executive David Carse said an unsuccessful restructuring of Guangdong Enterprises (Holdings) would hurt the liquidity of Chinese companies further. These companies are already facing a credit crunch amid concerns about the repayment abilities of Chinese enterprises
      AFX-Asia  -  142 words
    • 396 8 WASHINGTON They rally for support to renew normal ties amid spying charges Reuters US business leaders and White House officials said on Wednesday that they hoped to convince Congress that maintaining trade ties with China was important despite allegations that Beijing
      Reuters  -  396 words
    • 317 8 BEIJING Reuters AFTER weeks of anti-US invective, China's top newspaper urged "friendly cooperation" with Washington yesterday and offered kind words for ordinary Americans. The change of tone in an editorial published on the front page of the Communist Party newspaper was particularly significant since
      Reuters  -  317 words
    • SINO Briefs
      • 68 8 Reuters, AFX-Asia [BEIJING] Chinese police rounded up five dissidents in Beijing and seven in Hangzhou on Wednesday, bringing to 100, the number of activists rounded up in the past month, the Hongkong-based Information Centre of Human Rights and Democratic Movement in China The dissidents planned
        Reuters,; AFX-Asia  -  68 words
      • 50 8 Reuters [BEIJING] China's benchmark retail price index is seen Calling 3.6 per cent in May from that a year earlier, a Reuters poll shows. The broader consumer price in/fox, which Includes services and rents, was expected to Call 2J3 per cent year-on-year In May.—Reuters
        Reuters  -  50 words
      • 62 8 Bloomberg [BEUING] International Finance Corp, the private lending arm of the World Bank, plans to buy a 5 per cent stake in Bank of Shanghai, a Chinese regional hanfc. before the end of 1999. The stake would cost about US$2O million (5534.5
        Bloomberg  -  62 words
      • 61 8 AFX-Asia [TAIPEI] Premier Vincent Slew has told the relevant authorities to push the merger of Bank of Taiwan with another bank, member of Parliament Chu Li-lun was quoted by United Daily News as saying. He said Mr Slew told him the move was aimed at
        AFX-Asia  -  61 words
      • 65 8 Reuters [BEIJING] China has slapped anti-dumping tariffs on imports of newsprint from the US, Canada and South Korea, the Ministry of Foreign Trade and Economic Co-operation was quoted on Wednesday as saying. Hie ministry completed an investigation into newsprint imports which started in December 1997 in
        Reuters  -  65 words
      • 62 8 Bridge News [TAIPEI] Taiwan's major private investments totalled NTfl 71.74 billion (519.03 billion) in the first five month* of the year, down 31 per cent from a year earlier, data from the Industrial Development Bureau under the Ministry of Economic Affairs showed. The figures showed
        Bridge News  -  62 words
      • 62 8 AFX-Asia [TAIPEI] The cabinet has approved a regulatory revision to reduce financial institutions' operating tax to two per cent from five per cent from July 1, the evening daily China Times Express says. The funds freed up by the tax reduction should be used to
        AFX-Asia  -  62 words
      • 64 8 AFX-Asia [HONGKONG] China's policy on foreign investment will stay unchanged "whatever the circumstances," Minister of Foreign Trade and Economic Cooperation Shi Guangsheng said. Xinhua news agency quoted Mr Shi as saying: "China will remain firm on the policy of reform and opening up and its policy
        AFX-Asia  -  64 words
  • Page 8 Advertisements
    • 6 8 r > Microsoft tjJjjjj® you'll seemßaS^^ differently.
      6 words
    • 467 8 Cathay pilots' pay row Cathay to meet HK government over dispute. Shipping Times, Pg IS NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-third Annual General Meeting of the Company will be held at 1 Tanglin Road, Arnica Room, 2nd Level, Orchard Parade Hotel, Singapore *****5 at
      467 words

  • ASIA
    • 365 9 WELLINGTON Metals look sick again, says trader who sees A$ losing more than 2 US cents in medium term Bloomberg THE Australian and New Zealand dollars dropped, and traders expect further declines as gold hits 20-year lows and other metals that
      Bloomberg; Source: Bloomberg  -  365 words
    • Article, Illustration
      50 9 [SEOUL] Former president Kim Young Sam being helped by aides at Kimpo International Airport yesterday after he was splashed with red paint by an elderly man who accused him of causing South Korea's economic crisis. Mr Kim was on his way to Japan when the incident occurred. REUTERS
      REUTERS  -  50 words
    • 226 9 ■SYDNEY AFP A HISTORIC draft declaration aimed at achieving reconciliation with Australia's Aborigines was released yesterday only to run into controversy when Prime Minister John Howard said parts of it would have to be changed. "There are things in the document that I and
      AFP  -  226 words
    • 305 9 SEOUL Company failures in Hay fall to 189 from 244 in April Bloomberg, Reuters THE number of newly bankrupt companies in Seoul fell to the lowest in almost eight years in May, as low interest rates and brisk demand made
      Bloomberg,; Reuters  -  305 words
    • 138 9 TOKYO Bloomberg [TOKYO] Sumitomo Corp sued two banks it says helped finance unauthorised copper trades that cost Japan's fifthlargest trading company more than US$2.6 billion (554.5 billion) in trading losses three years ago. Sumitomo alleges Chase Manhattan Bank of the US and
      Bloomberg  -  138 words
    • 189 9 KARACHI Reuters PAKISTAN'S fresh restrictions on operating foreign currency bank deposits are likely to hurt investor confidence and to further depress foreign exchange inflows, bankers said yesterday. "I would say, if not a blow, it is certainly a concern for banks and investors," a
      Reuters  -  189 words
  • Page 9 Advertisements
    • 1326 9 SembCorp y Industries r SEMBCORP INDUSTRIES LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice it hereby given that the First Annual General Meeting of the Company will be held at The Theatrette, 60 Admiralty Road West, Singapore *****7 on Saturday, June 26,1999 at 10.00 am
      1,326 words

  • THE WORLD
    • 420 10 MONTREAL IMR Worst of Asia's financial crisis over, Latin America may be on an upturn Bridge News, Reuters INTERNATIONAL Monetary Fund (IMF) managing director Michel Camdessus said on Wednesday that a potential rate hike by the US Federal
      Bridge News,; Reuters  -  420 words
    • 245 10 WASHINGTON Reuters ORDERS for US manufactured goods fell in April mainly due to weakness in the volatile transportation sector but there were also hints of a recovery in the battered factory sector, the government said yesterday. The Commerce Department said April
      Reuters  -  245 words
    • 183 10 NEW YORK Bloomberg OPTIMISM about US stocks jumped to a level not seen since 1967, the year the Dow Jones Industrial Average plunged 23 per cent in one day, according to a poll by Investors Intelligence newsletter. The percentage of investment advisers
      Bloomberg  -  183 words
    • 323 11 COLOGNE, Germany Reuters EUROPEAN Union leaders attending a summit yesterday vowed to send financial markets a positive message on the battered euro currency by signalling a commitment to economic gi-owth and stability. As the fledgling euro bumped to a new all-time low
      Reuters; AFP  -  323 words
    • 259 11 LONDON Reuters THE BBC said yesterday that it would not tole rate political interference after opposition leader William Hague called for the rejection of a candidate to run the broadcaster because of past links to the ruling Labour Party. Mr Hague, head
      Reuters  -  259 words
    • WORLD Watch
      • 94 11 Reuters [BELGRADE] Slobodan Milosevic bowed to the inevitable yesterday and accepted an international peace plan for Kosovo which clears the way for an end to the conflict with N ato. Yugoslavia's official Tanjug news agency said Mr- Milosevic had agreed to the peace plan brought
        Reuters  -  94 words
      • 95 11 AFP [MILAN] The number of mobile phones in Italy will outstrip the number of fixed-line phones within two to three months, the head of Omnitel, the second-biggest cellphone operator in the country, said yesterday. Omnitel director-general Vittorio Colao told a conference in Milan that th
        AFP  -  95 words
    • 497 11  -  Riding on strong European interest, fan J managor aimg for 25% return From Neil Behrmann in London BERNIE Ecclestone, the Formula One motor racing magnate, says he wants to invest in "cheap" Asian shopping malls and hotels, now that Asia is beginning to
      497 words
    • 243 11 BRUSSELS Curbs already on affected Belgian chicken, egg produce Reuters THE crisis over Belgian food contaminated by the highly toxic chemical dioxin widened to pork and beef in what has become Europe's worst food safety alert since Britain's mad cow disease scare.
      Reuters  -  243 words
  • Page 10 Advertisements
    • 1083 10 6 ABR HOLDINGS LIMITED HOLDinatuJiTto (Incorporated in the Republic of Singapore) I NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of ABR Holdings Limited ("the Company") will be held at 41 Tampines Street 92, #03-00 ABR Building Singapore *****1 on 28 June 1999 at
      1,083 words
    • 1330 10 ITffl LIM KAH NGAM LIMITED HUM Onoofporalad in Republic of Stno*»m) NOTICE OF ANNUAL GENERAL MEETING IS EREB C Y GIVEN 11,81 thc Thirty-Sixth Annual General Meeting of the Company will be held at 30 Primes Street #09-00 LKN-Pnnsep House Singapore *****7 on Tuesday, the 29th day of June 1999
      1,330 words

  • Page 11 Advertisements
    • 91 11 Travel hasn't lost its magic raXfSh Master Geographic //A/ With its 1— ingenious ATA system for Uwl\ displaying Csjyy multiple time zones, the Master Geographic is in a world of its own. Just select a city, and the time on tne subOial adjusts immediately. The complicated automatic movement, created entirely
      91 words

  • FOCUS
    • 1097 12  -  Transgenic plants continue to be introduced in spite of the lack of a risk assessment science By, Jeremy Rifkin Jeremy Rifkin is the author of The Biotech Century: Harnessing the Geneand Remaking the World. LATWP ON May 20, the term "genetic
      LATWP; FILE PHOTO  -  1,097 words
  • Page 12 Advertisements
    • 197 12 I MID-YEAR SALEI Now on till 11th July Goldpfeil The "Voyage Collection" cabin trolleys are made of an extremely durable and practical, highquality twilled nylon fabric. The leather edging is in finest leather with a vertical grain. The strap is made from nylon, offering the same features as a safety
      197 words
    • 26 12 (fY'TTP Voiiunr) BCERJS on +HE HO"Sf. II «L L&&JLI IfllJ vJS. YOU BRjnG tH jg MMtH V()t( _TMLflii iDfyioni<Bno^**open /itti ic Rivkri* BOlit Q 1 niy
      26 words

  • EDITORIAL & OPINION
    • 823 13  -  TBB BOTTOM LIMB OPINION By Robert Samuelson Washington Post Writers Group THE easiest way to understand Kosovo is to recall what Bill Clinton said in early 1991 after Congress had authorised then president Bush to attack Iraq. The then-governor of Arkansas reflected: "I guess
      Washington Post Writers Group  -  823 words
    • 146 13 There are only two left and they have got good capital controls. It is quite remarkable that both of them have managed to have very robust growth in this very bad period.' World Bank chief economist, on China and India which had kept capital controls tight and
      146 words
    • 659 13 EDITORIAL TO no one's great surprise, the National Wages Council (NWC) has called for another year of wage restraint for Singapore employees, despite the signs of an incipient economic recovery. But even if the general tenor of the latest wage guidelines was predictable, the tripartite council's
      659 words
    • 1171 13  -  J&k&rta most apply bankruptcy laws dearly or its ability to attract foreign finance will be hurt By. Lim Say Boon The writer, from Crosby Corporate Advisory, contributed this article to The Business Times. The views expressed are his own. THE move this week
      FILE PHOTO  -  1,171 words
    • 958 13  -  By< Caroline Baum Bloomberg in New York EACH piece of economic news brings the United States Federal Reserve closer to the likely day when it will raise the overnight federal funds rate for the first time since March 25,1997. Wednesday's news was big. It
      Bloomberg  -  958 words


  • COMPANIES & MARKETS
    • 247 15  -  By. Annette Pan [SINGAPORE] Shares of Ultro Technologies yesterday jumped to an intra-day high of $1.10 before sliding to 90 cents, after it announced the purchase of privately-held precision machining firm Altum Precision on Wednesday. This was almost 10 per
      Source: Bloomberg  -  247 words
    • 429 15  -  Merger would create entity with over 70% of PABX market By' Teh Hooi Ling [SINGAPORE! Keppel Telecommunications Transportation (KTT) and Singapore Telecom's subsidiary Telecom Equipment (TE) are discussing a possible merger of their office switchboard businesses, industry sources said yesterday.
      Source: Bloomberg  -  429 words
    • 275 15  -  By' Teh Hooi Ling [SINGAPORE] Proving that it is no pushover, Singapore Telecom yesterday said it had sealed another $100 million worth of long term contracts with corporate users, in addition to the $200 million announced last month. Among those which have committed to
      275 words
    • 551 15  -  By\ Conrad Raj (SINGAPORE) Singapore Airlines sources yesterday dismissed as "nonsense" a Hongkong newspaper report that the national carrier is going to start a new airline in the ex-British colony with three companies controlled by tycoon Li Ka-shing. "I don't think
      FILE PHOTO  -  551 words
    • 500 15  -  By\ Siow Li Sen [SINGAPORE] Keppel Tat Lee Bank (KTL) shares fell 4 per cent yesterday in heavy trade as disappointed investors gave their thumbs down to the tie-up with Allied Irish Banks (AIB). After a brief spurt lasting less than 30 minutes
      SIEW TAW HOONG; Source: Bloomberg  -  500 words
    • COMPANIES
      • 516 16  -  CORPORATE RESULTS Bottom line boosted by tax incentives, forex gain; JIT sees strong growth ahead By< Annette Pan [SINGAPORE] JIT Holdings yesterday surpassed expectations with a 53 per cent jump in net earnings to $21 million for FY1999 ended
        CHRIS LOH  -  516 words
      • 286 16  -  Interest expense, depreciation, forex loss eat into sales By< Eugene Low [SINGAPORE] Sesdaq-listed leadframes manufacturer Jade Technologies yesterday announced an 11.4 per cent drop in interim profit to $2.6 million due to higher interest expenses, depreciation and foreign exchange losses. The profit dip
        286 words
      • 101 16 {SINGAPORE] Ipco International has finally put together a new board of directors. At an extraordinary general meeting held yesterday, Indonesian businessman Purwadi was appointed chairman and executive director. He had taken the chairman's seat when he became a substantial shareholder earlier this year but was
        101 words
      • 176 16 [SINGAPORE] Building contractor Poh Lian Holdings will raise about $12 million from a share placement to finance investments and property development, and to repay loans. The company said yesterday that Keppel Securities and Kay Hian have agreed to subscribe, or procure subscriptions, for 21.54
        176 words
      • 174 16 Engineering group's power generation [SINGAPORE] Home-grown engineering group Salcon Ltd said yesterday that it had received in-principle approval for a main board listing. Incorporated in 1960, Salcon has grown from a local firm trading in engineering equipment to a multi-million-dollar regional business group.
        174 words
      • 380 16  -  Drm&L PUBLIC OFFERINGS Flextech unit's minimnm offer is 22m new shares By, Annette Pan [SINGAPORE] Flextech's semiconductor subsidiary ASTI Holdings could raise up to $14.3 million from its initial public offer later this month. The Sesdaq listing is expected to comprise a minimum offer
        380 words
      • COMPANY Briefs
        • 49 16 [SINGAPORE] Printed circuit board maker Pentex-Schweizer Circuits said convicted MP Choo Wee Khiang has resigned as director with effect from Wednesday. The company is also discontinuing its manufacturing activities at its Bukit Merah plant from June 30. Hie move will cut headcount by about 260.
          49 words
        • 76 16 [SINGAPORE] L&M Group Investments' creditor banks have requested the appointment of Ernst Young as special accountant instead of just financial adviser assisting LAM in a revamp of its bank loans. As special accountant, it would monitor cash flows and operating costs, review major contracts
          76 words
        • 75 16 [SINGAPORE] Freight Links Express' director David Lim Teck Hiang sold another 10.165 million shares in the company on June 1, trimming his stake down 2.07 per cent to 20.15 per cent. He sold the shares for 32.87 cents each. He holds another 6.2 million
          75 words
        • 51 16 [SINGAPORE] Spindex Industries said it is not aware of any reason for the sharp increase in the turnover of its shares on Wednesday. It said there is no material information to be disclosed that is likely to have a significant effect on the
          51 words
        • 78 16 Reuters [KUALA LUMPUR] Malaysian conglomerate Renong Bhd said yesterday that a large site it plans to sell to Bandar Raya Developments has been valued at 506 million Malaysian ringgit (S$229 million). Its subsidiary, Prolink Development Sdn Bhd, plans to sell the 1,853-acre plot in
          Reuters  -  78 words
      • 724 16  -  HOCK LOCK SIEW Ven Sreenivasan THE upturn on the stockhiarket has meant a definite change in fortunes for companies which have been raising funds through share flotations. Compared to the dismal subscription rates for many of the initial public offerings (IPOs)
        724 words
      • 149 16 Reuters [KUMNING, China] Singapore construction and engineering group SembCorp Industries Ltd said yesterday that it may not sell all of its 76 per cent stake in Delifrance in its post-merger restructuring. "It may not be a total selldown," SembCorp chief executive officer
        Reuters  -  149 words
      • 457 17 SFE pushing plans to set up second Aussie stockmarket with Computershare Reuters [SYDNEY] The Sydney Futures Exchange bolstered plans for a second Australian sharemarket yesterday, spurning a merger offer by the Australian Stock Exchange Ltd in favour of a rival bid. The SFE board
        Reuters; FILE PHOTO  -  457 words
      • 360 17 Bloomberg [TOKYO] NEC Corp, Japan's largest maker of personal computers and microchips, said its unprofitable US subsidiary Packard Bell NEC Inc lost more money than expected in April and May, which may prompt the unit to cut more jobs. Sacramento, Californiabased
        Bloomberg  -  360 words
      • GLOBAL Briefs
        • 76 17 FT [LONDON] British Steel and Hoogovens, the Dutch metals producer, are in merger talks to create Europe's biggest steelmaker and the third largest in the world, the companies said on Tuesday. The move triggered a jump in British Steel's share price amid speculation the
          FT  -  76 words
        • 58 17 Reuters [ZURICH] Swiss pharmaceuticals giant Roche Holding yesterday said it would spend US$4.2 billion (557.2 billion) on buying the one-third of US bio-technology pioneer Genentech it does not own. The Swiss group plans to raise upwards of US$2 billion by subsequently selling up to
          Reuters  -  58 words
        • 65 17 Bloomberg [NEW YORK] MCI World Com, the No 2 US long-distance phone company, said it expects to spend the US$l.42 billion (552.4 billion) it received from the sale of its Systemhouse consulting unit to expand local and international operations. The money will be used to
          Bloomberg  -  65 words
        • 39 17 Bloomberg [WASHINGTON] Electronic Data Systems will take over managing the computer systems that the National Association of Securities Dealers uses to police US brokers under a contract worth US$2 billion (553.44 billion). Bloomberg
          Bloomberg  -  39 words
      • 378 17 Kanrantiiig concludes negotiations to sell entire MPHB stake Reuters [KUALA LUMPUR] Malaysia's Multi-Purpose Holdings Bhd (MPHB) said yesterday it has completed negotiations to sell its commercial banking unit. Kamunting Corporation Bhd has also completed talks to sell its entire stake in MPHB, the two companies
        Reuters  -  378 words
      • 149 17 Bridge News, Bloomberg [HONGKONG] Garment retailer Giordano International recently opened three outlets in Shanghai, three years after its stores in mainland China were closed down by the China government, according to Chinese newspaper Ming Pao Daily. The stores are located in Shanghai Baisheng shopping
        Bridge News,; Bloomberg  -  149 words
      • 188 17 HE retail sales down 8% while higher Aussie costs will bite Reuters [LONDON] Retail and wholesale group Dairy Farm International said Wednesday that trading has continued to prove difficult, and it expects that net profit for the first half of 1999, before Y2K
        Reuters  -  188 words
      • 466 17 Price, leadership succession among factors arrowed Reuters [NEW YORK] Texaco Inc on Wednesday abruptly ended merger talks with Chevron Corp, rejecting all aspects of an offer from its larger rival and bringing to a halt what many expected would be the oil patch's
        Reuters  -  466 words
    • FINANCE & COMMODITIES
      • 371 18  -  AA+ bonds bear 4.375% coupon rate, issued just under par By' Wong Wei Kong [SINGAPORE] US insurance group John Hancock yesterday tapped the Singapore dollar bond market for the first time with a $150 million five year issue. The bonds, with a coupon
        371 words
      • 102 18 Bloomberg [TOKYO] Daiwa Bank Ltd said it had 1.16 trillion yen (5516.5 billion) in bad and risky debt as of end-March, becoming the third major lender to disclose problem loans according to Japan's broadest measure. "Before, we were afraid if we reported these numbers they
        Bloomberg  -  102 words
      • 424 18 Liffe now hopes to start trading its products by fourth quarter Reuters, Bridge News THE US Commodity Futures Trading Commission (CFTC) has ended its moratorium on allowing foreign futures exchanges to place new trading terminals in the US. The agency said
        Reuters,; Bridge News  -  424 words
      • 417 18  -  By\ Soh Tiang Keng [SINGAPORE] German insurance giant Allianz's acquisition of two insurance companies in Taiwan this week is part of a plan to more than quadruple its premium income in the Asia-Pacific next year. Singapore-based chief executive for the Asia-Pacific Michael
        417 words
      • 286 18 Bloomberg Bridge News [NEW YORK] American International Group Inc. the largest US insurer by market value, is teaming up with private investment bank Blackstone Group to help Asian companies recover from financial turmoil in the region. The two New York financial companies
        Bloomberg; Bridge News  -  286 words
      • 648 18 Analysts don't see the two making more money together than they did separately any time soon Bloomberg [FRANKFURT] Deutsche Bank AG gets the title of world's biggest financial company today when it acquires Bankers Trust Corp for US$lO.l billion (5517.4 billion). It also gets headaches,
        Bloomberg  -  648 words
      • SMALL Change
        • 68 18 Bridge News [PARIS] French bank Credit Lyonnais, which is about to be privatised, is valued at around 42 billion francs (5111.5 billion) by its adviser banks, French daily Les Echos reported yesterday without citing sources. The Credit Lyonnais certificate of investment stood at 34.5 euros
          Bridge News  -  68 words
        • 80 18 Bloomberg [SEOUL] Seoul Securities Co, a South Korean brokerage house controlled by George Soros, will pay 63 billion won (5591.8 million) to acquire 70 per cent of Hanil Investment Trust Management Co, officials at the companies involved said. Hanvit, one of South Korea's largest
          Bloomberg  -  80 words
        • 70 18 AFP [SEOUL] A US financial company, Tucker et Associates, plans to jointly bid for the ailing Korea Life Insurance Co Ltd together with European real assets companies, a news report said here yesterday. Tucker et Associates chairman William Tucker was quoted as telling the
          AFP  -  70 words
        • 34 18 Bloomberg [WASHINGTON] US thrifts earned US$2.l billion (5J3.6 billion) in the first quarter of 1999, the third best quarterly showing since 1964, the Office of Thrift Supervision reported. Bloomberg
          Bloomberg  -  34 words
      • 152 19  -  rtlmtiii Reports MS& Singapore Index Christopher A Podbury, Jar dine Fleming THE Simsci futures closed higher yesterday on limited institutional buying. However, by and large, market players remained cautious ahead of the scheduled release of the April US output and jobless claims data last night.
        152 words
      • 148 19  -  HSCI Taiwan (Moral Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index ftitures contract surged 2.5 points, led by Taiwan Semiconductor Manufacturing Company, which plans to buy a stake in Acer Inc's unprofitable chip unit to assist in meeting rising demand. The Taiex
        148 words
      • 337 19 ENERGY REPORT Bloomberg [NEW YORK] Petrol fell more than one per cent yesterday, its third drop in four days, after a report of an unexpectedly large rise in inventories signalled lacklustre demand at a time of year when motorists drive
        Bloomberg  -  337 words
      • 320 19 Reuters THE best hopes yet of peace in Yugoslavia snatched the euro from lifetime lows against the dollar yesterday, but the single currency's reprieve was expected to be short-lived. The euro pulled a cent away from all-time lows near U551.0305 after Yugoslavia accepted an international peace plan for
        Reuters  -  320 words
      • Article, Illustration
        664 19 wTMKBAnCEOMlim 11 1 1 Jun3 Z? 52 Sg iSi St £2 S£££ IS iSS Iffl SSSSS S S £2&! £S KS p as s a ts js ems a s is S S 58 s r«c 0.245 0.234 UC 082 (S t5 TS KW WK Uff2 SS S .VS L
        664 words
      • 1037 19 SICOM FUTUBBB am mm om 525 I* f >m (tomm mkmh IF 88 1 8| S S3 aSS,S BSS 3 CONTftACT (USc*ats/hf) Mm qm tf tott (H-i) Utonrt W2I (100 6125 215 MO SI s us s i s W0«99 68.00 U25 U25 900 WT25 Jjgjrg 66L00 6M5 S% zS
        1,037 words
    • Article, Illustration
      1323 20 AFP H Hang Seng *1197 HONGKONG share prices rose 0.1 per cent yesterday on late selective buying as investors remained cautious on underlying concerns over the direction of US interest rates, dealers said. "Trading was cautious and there was not much selling pressure," said Howard Gorges, vice-president at South
      AFP  -  1,323 words
    • Article, Illustration
      506 20 Reuters nShmkoßMei +101 SHENZHEN'S hard currency B shares closed up 4.17 per cent In volatile trading yesterday, buoyed by news that China would allow nonstate companies to offer B shares, brokers said. The B share index added 3.09 points to 77.12 as turnover fell to HK5113.41 million from HK5204.4
      Reuters; Sour»:Cr»m)rBiM*B»arttaUWU)  -  506 words
    • 322 20 AFP HwPfaln *8188 TAIWAN share prices closed 1.1 per cent higher yesterday to reclaim the psychological 7,500-point level amid optimism over the market's outlook, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 84.88 points to 7,572.91, posting its third consecutive daily gain. Turnover was NT5155.58 billion. Advancers
      AFP  -  322 words
    • 2092 20 9MMHV JWl P*Mi 31 Group 4.95 unch Abbey national 13.51 0.08 A Food* 4.53 -0.02 AIMS 2.85 0.02 ANanco t LikHtar 8.84 -0.04 AIM Domecq 6.24 0.04 ADM Zurich 7.94 0.03 Anglo American GoM 43.70 uncti ASOA Group 1.84 0.01 Bank of Scotland 8.61 0.11 Barclays 18.57
      2,092 words
    • 1608 20 AFP Q Nikkei 225 jIH SHARE prices in Tokyo fell back 1.2 per cent yesterday, reversing a three-day winning streak, as investors took profits amid fears of a plunge on Wall Street, brokers said. "Concern about a sharp fall in New York shares, due to prospects of higher US
      AFP  -  1,608 words
    • KUALA LUMPUR STOCK MARKET
      • 8575 21 MMJSTMALS CMSMMC protects MM Last Vol Day Net Ca» Hm> Low Cewpawy Salt '000 m» Law P/I 380 255 Aiinomoto 330 unch 6 340 330 20.9 133.8 05 46 Angkasa 82 -3 42 85 82 120.9 2*93 220 Apollo Food Hlg 269 1 t 269 269 9.4 107.6 204 115
        8,575 words
      • 438 21 AFP, AFX-Asia n Composite Index -4J96 MALAYSIAN share prices ended 0.7 per cent lower yesterday as investors cut their holdings amid a lack of fresh buying leads, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 4.96 points to finish at
        AFP,; AFX-Asia  -  438 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • 189 22  -  WARRANT WATCH -Ry R Sivanithy ONE warrant which has not been featured in this column for some months now is the ITE Electric Company 2000 instrument, so perhaps now is a good time to correct this oversight. Doing so would also serve to
        189 words
      • 207 22 NONMOM STOCKS Or Or M w> V* Day IM Ouof. Dtv KNv VM N«t HC« High Low Stno Compawy SOt COOO) H>» C— 8wyr l«Ht Cw W 5<w4 365 173 5123 CDC (2000) HK 365 360 8 37 2.2 12.4 7067 5124 C«tlwyPac20cHK_720 265 2.1 74 6 *****.4
        207 words
      • 2252 22 BONDS, LOANS i WARRANTS 1 LMt VM Day Last Quote Avq High Low St no Company SM »or rOOO) High Law Buyer M« Met 37.5 3 s 3160 "Acer ******1USS 33 Ts 919 373 32 5 323 33 57.5 4.5 S 3164 Acma ******4 46 »33 5073 51.5 44.5 47.5
        2,252 words
      • 281 22 AFP £5 Wellington ♦Ul NEW Zealand share prices ended barely higher in quiet trade yesterday as market heavyweight Telecom Corp closed firmer, dealers said. The NZSE-40 Capital Index closed up just 1.11 points at 2,129.07. Turnover totalled NZ585.91 million.—AFP jm» ■> v- rmm Advantag* HOS 183 -0.01 149 Air
        AFP  -  281 words
      • Article, Illustration
        866 22 AFP H SET Mat *LU THAI shares closed slightly higher yesterday in limp trade after bargain-hunters emerged in the afternoon session to cash in on earlier falls, analysts said. The Stock Exchange of Thailand Index ended 1.19 points higher at 476.05. A local analyst said the market slumbered in
        AFP  -  866 words
      • 405 22 AFP El Composite Inde» +121 SHARE prices on the Korea Stock Exchange rose 0.4 per cent yesterday amid volatile trade and profit-taking, dealers said. "In light of domestic factors, near-term recovery is probable, but uncertainty as to whether the United States will raise rates still weighs down on the
        AFP  -  405 words
      • 656 22 AFP Ordinaries +2110 AUSTRALIAN shares closed up 0.9 per cent yesterday as the futures market and Rupert Murdoch's News Corp led a lunch-time rally in industrial blue chips, brokers said. The All Ordinaries Index finished up 26.9 points at 2,941.60. The All Industrials Index closed up 52.7 points at
        AFP  -  656 words
      • Article, Illustration
        719 22 AFP fl Composite Index +1&25 INDONESIAN share prices closed 2.3 per cent higher yesterday on a late rise in banking and large-cap stocks after an apparently trouble-free opposition campaign rally, dealers said. "Banking stocks also rebounded as the share prices were looking cheap after falls in the last few
        AFP  -  719 words
      • 319 22 AFP □ifamU -3336 PHILIPPINE share prices closed 1.4 per cent lower yesterday as investors shifted from index-linked issues to second and third-liners, analysts said. The Philippine Stock Exchange Composite Index fell 33.36 points to close at 2,382.41 points. Volume fell to 1.82 billion shares worth 2.45 billion pesos. —AFP
        AFP  -  319 words
    • 7032 23 Transaction date: Jiui 3 Or Or MM 32-Wt Last Vol Day Last Ouota Dtv Wv YW Hat Cm At* High Law StNo Company Sat* COOP) Htgfc Law Buyaf Sa»ar C'vf P/I <mM Prtca MULTHMNISTRY 147 17.5 m b 1000 Acma 50c 136 cd *2
      7,032 words
    • 1330 23 Cr Or M Wt 52-Wk Last Vai Day M Owtt W* Mv YM Mat Cap Avg Mmi L— MM» Cin lay Ml COOP) H» Caar Bayar «a—r Cw M Ww MMUFKTUM 142 30 C 2049 "AS Auto KX 119 -3 1334 124 M 119 120 15N 7 U 112
      1,330 words
    • STOCK EXCHANGE OF SINGAPORE
      • 380 24 Teaaspiiere 5c 31,591,000 S ChanceKc 28.302,000 KepTatlee Bank 24,992.000 GBMJLMZOc 21.599.000 TSM Res 5C 20.149,000 Twinvood 5c 19,500,000 Grwis Plus Hldgs 19,084.000 Poll Lian 10c 18.128.000 KepTatlee Bh D8SCW00 17.328.000 *wri HMgs LM 17.028,000 Stedts KepTatlee Bank 98,683.105 MS Foreign 36.698,765 GCS Ml Ltd 20c 34,135,530 SPN 27,908.936 S1A Foreign
        380 words
      • 649 24  -  CTOGKMAUBT COMMENTARY News of China's ruling on yuan conversions takes wind ont of the market's sails in the afternoon By R Sivanithy A NERVOUS, uncertain session yesterday ended with a mixed finish as blue chips rose strongly initially, then fell under some afternoon
        649 words
      • ON THE GRAPEVINE
        • 125 24 A TIDE of high-volume turnovers continues to sweep, much like a "Mexican Wave", through penny stocks quoted on the Singapore market And as volumes spike and then fall, so too do prices. For most counters, that is. Some prices remain stubbornly unmoved despite doing huge volumes. If you're
          125 words
        • 143 24 IF you graduated from a love bug (the good old Volkswagen "beetle"), to a love boat, you may now be ready for a "Luv Card". A team of young entrepreneurs In Singapore has assembled a list of participating merchants in a "wedding privilege
          143 words
        • 176 24 A BT reporter, on an assignment in the US, took a domestic flight and came away with distinctly mixed feelings about the experience. The noise from the small propeller plane made small talk all but impossible. Hiat wasn't necessarily a bad thing, our man on the
          176 words
      • Article, Illustration
        61 24  -  -By Wong Wei Kong SECOND Chance shares rose three cents to $0,335 yesterday with 28.3 million shares traded, compared with its 10-day traded average of 7.46 million units. The stock is at a 52-week high, and the technical indicators like the RSI and Stochastics suggest that it may
        61 words
  • Page 15 Advertisements
    • 6 15 HOCK LOCK UIEW ON PAGE 16
      6 words
    • 110 15 i Traveller II jwwmmk I Alarm Automatic Double time zone GP Girard-Perregaux Manufacture depuis 1791IP^' Exclusive Distributor: I \V-r~jr J BMI Pte Ltd Service Centre Showroom: 6B Orange Grove Road associatiom Tel: 737 3786 lwaw < y »«"wnr OrUNMfIIHMtOQEK Available at all authorised retailers: CORTIMA WATCH CEMTRE Millenia Walk Tel:
      110 words

  • Page 16 Advertisements
    • 190 16 BURWILL HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) CHANGE OF FINANCIAL YEAR END DATE, AMENDMENT OF BYE-LAWS AND ADOPTION OF SHARE OPTION SCHEME The board of directors of the Company (the "Board") announces that the financial year end date of the Company and its subsidiaries (the "Group") will be
      190 words

  • Page 17 Advertisements
    • 47 17 At 25,1 wanted to MAKE vice president. At 45,1 wanted to MAKE J to buy the I company. Now all I want is I I I MAKE pars and birdies. •JL Mm rr* Call us at 275 5088. Gfl Breakthrough. I HMMB-naMK'Bm**- ShnpU Srtaiom UA Complied WorU
      47 words

  • Page 18 Advertisements
    • 466 18 NOTICE OF INTEREST RATE Cho Hung Bank Global Medium-Term Note Program Due 2000 NOTICE IS HEREBY GIVEN that the interest rate covering the interest payment period beginning May 24, 1999 and ending on November 24, 1999 has been fixed at 5.*****%. The Interest Amount payable on each $250,000 amounts to
      466 words
    • 460 18 John Hancock to launch 3 insurance funds, EM 15 THE COMPANIES ACT, CAP. 50 ENG HUP REALTY PTE LTD (In Liquidation) At a general meeting of ENG HUP REALTY PTE LTD duly convened and held on the 4th day of June, 1999 the following special resolution was passed: SPECIAL RESOLUTION
      460 words
    • 18 18 Lost uour m pet? Try finding it at Classification 821 (Found) of The Straits Times Classified. CATS. Buyk.Sdth.FMit.
      18 words
    • 132 18 Bj3 OUB Securities Pte Ltd Invites applications for the position of: Reporting to the Research Director, the candidate must possess strong analytical and communication skills. He/She will prepare in-depth analysis of the property market in Singapore and property companies listed on the Stock Exchange of Singapore. We seek mature individuals
      132 words





  • Page 23 Advertisements
    • 22 23 M- the full USE <«?£>. Villi;; '"Imagination OF TODAY- SgiE* THE BEST IMPORTANT PREPARATION -"'<"> h r 1 KNOWLEDGE TOMORROW RXKI nmlkxi c-.ims |Bf!S*^J;rll",[ftWMl
      22 words

  • Page 24 Advertisements
    • 1741 24 Going to trade online 7 You need DBS investor Online! Simply the best research. :a! 438-1188 «3\ 881)[ BANK THE STRAITS TIMES CLASSIFIED raj YOUR GUIDE TO MORE PRODUCTS SERVICES Bay It Scl It rtad n. NOTICES M 1800-741 1883 Fax No: 741 1298 j Raffles Medical Group Raffles Medical
      1,741 words
    • 330 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CDC (ASIA) PTE LTD (In Voluntary I IquWMon) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290(2)(t>)] At an Extraordinary General Meeting of the Company held at 56 rue de LiNe ***** Pahs 07 SP.
      330 words

  • EXECUTIVE Lifestyle
    • 1688 25  -  ARTS SPONSORSHIP COVER STORY The arts festival is in full swing, and clearly, the arts are thriving in Singapore. But money is still tight, and nowadays, sponsorship is no longer just a question of asking for donations. From dance troupes to theatre companies, a worldlv-wise
      FILE PHOTO  -  1,688 words
    • PERSPECTIVE
      • 725 26  -  Off the CUff by Has anyone noticed that the most vociferous champions of the use of Singlish are invariably English-educated? So what's the real deal here? by Jaime Ee ENGLISH: The rain in Spain falls mainly in the plain. SINGLISH: Eh, this Spain
        725 words
      • STRAWS In The Wind
        • 66 26 SOME movie synopses either tell you too much or too little, while others are pretty cryptic. Like this one on an R(A) Korean movie, Bath House-. "A man sneaks into Lady's Bath House, he is; charged for molesty (sic). What happened if a
          66 words
        • 76 26 THERE is a new style of licence plates, usually found on Mercedes Benzes or BMWs, where the tiny lettering under the number spells out words like "Cycle Carriage" or "Bavarian Motor Works". But one Mercedes Benz was spotted with this message instead:
          76 words
        • 45 26 SOME acronym-happy analysts are circulating this risque joke about the impending merger between Tibs Holdings and Singapore MRT. According to them, the new bus/ rail network will be called TITS (Trans-Island Transit System) or BUMS (Bus Underground Metro System).
          45 words
      • 485 26  -  By' Tan Su Yen FOR local arts groups, "Money No Enough" is very much a fact of life. Not only are corporate funds thin, local groups worry that corporate sponsors often prefer to put their money into foreign mega-productions because of the publicity that such
        485 words
    • ENTERTAINMENT
      • 1134 27  -  The wait is over The Phantom Menace has finally arrived on our shores. But the truth, painful as it is, needs to be told there is little meat in the new Star Wars movie beyond the tilling of historical blanks, wn searches in vain for some real
        1,134 words
      • 1147 27  -  Listening in on the hopes and fears of the Star Wars generation Byl Parvathi Nayar HOW DO YOU explain the magic? Perhaps by saying these Wars united people without killing anyone in the process; that it happened very long ago and far away, yet its every
        1,147 words
      • Article, Illustration
        457 28  -  Compiled by Parvathi Nayar ARTS FESTIVAL Margaret Leng Tan Hailed as the "diva of avant garde" Singapore-born pianist Margaret Leng Tan brings to Singapore her originality and expertise as an exponent of contemporary piano music. She plays on instruments as strange as toy pianos and teapots. DBS Auditorium,
        457 words
      • 578 28  -  CINEMA Don't be misled. Happiness, despite its breezy title, is a disturbing but brilliant look at painfnl subjects like paedophilia and perversion By Parvathi Nayar IT WOULDN'T be fair to send you unprepared to a film with as cheerful a title as Happiness. I could
        578 words
      • 544 28  -  CINEMA With its unlikely pair of protagonists and other colourful village characters, there's charm aplenty in Waking Ned Devine By. Parvathi Nayar AWARD-WINNING directors of ad commercials who move from 30-second spots that cleverly sell products to two-hour-plus extravaganzas (read feature films) that cunningly
        544 words
    • Article, Illustration
      675 29 Analyse This. A shrink psychoanalyses a powerful mob boss. Starring Robert DeNiro and Billy Crystal. Recommended. t Bugis, Woodlands, Toa Payoh, Jubilee, Whitesands, Yishun, Tiong Bahru, Boon Lay, Marina, Tampines, Grand. Blast Fran The Past. Alicia Silverstone and Brendan Fraser in a romantic comedy. Hougang, Suntec, Causewaypoint. Cruel Intentions.
      675 words
    • 113 29 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orcturd 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Ehg Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Ooldan Villaga 1900-912-1234 332-6098 fcx group bookings wheelchair facilities Bishan Boon Lay Marina TampinesB Tioog Bahru Yisfiun Ovaraaas Movlt Clemetfi/Co'wealth 777-0669 Golden/New Town
      113 words
    • EPICURE
      • 916 30  -  Spago's at Hotel Rendezvous Gourmet Gallery serves the usual deli fare of pasta, pizza salad and cake, but does it all rather well. Pity about the staff though, says tam su ten TAN SU YEN RESTAURANT has to make money from Day One, if it's going
        SIEW YAW HOONG  -  916 words
      • 276 30 CRAVINGS VIOLET Oon may be Singapore's best-known food personality but until very recently she made her canned soup all wrong. What she used to do was to tip out the contents of the can into the saucepan, add the equivalent in water, and let
        276 words
      • 82 30 FEAST on Thai favourites at Traders Hotel's ever popular buffets. From today till June 13, chefs Yongyos Chimthep and Ekarat Ungkunchai from Shangri-La Hotel, Bangkok, will present a spread of typically Thai favourites like mee grob (crispy vermicelli), "deep-fried crispy rice with chicken and shrimp sauce"
        82 words
      • Article, Illustration
        125 30  -  Compiled by Tan Su Yen MAKANSUTRA, the round-the-island foodie guide written by photographer K F Seetoh, has spawned an online version, in collaboration with Online Technologies Consortium. The declared mission of www.makansutra.com is to share Singapore and Asia's vibrant food culture with the rest of the world. The
        125 words
      • 774 30  -  WINE CONNOISSEUR By. N K Yang THE IN-WINE for the cognoscenti today is Italian. Bordeaux is too expensive, too predictable; Burgundy is great but top Burgundies are too difficult to find. Italian is new and exciting. Private cellars are full of Bordeaux and some Burgundy but
        774 words
    • MOTORING
      • 911 31  -  The Mirage Dingo is nowhere as rabid as its name suggests. In fact, it is as much a family car as a bachelor's best friend, Christopher tam takes a shine to the nippy little performer CHRISTOPHER TAN A MIRAGE, as the Oxford dictionary
        ARTHUR LEE  -  911 words
    • TRENDS
      • 750 31  -  RESORTS That's what more and more business travellers are opting for the world over By Tan Su Yen TOTAL privacy, varied leisure options and a strong sense of place these are just some of the possibilities that the resorts of the future promise, according to Bernard
        750 words
      • 582 31  -  GREAT SINGAPORE SALE The rush is on and the crowds are everywhere. Bnt let's face it, sales are g»ed only in the first few days and then they peter off By, Jaime Ee WHY do we have a Great Singapore Sale (GSS)? To get good value
        SIEW YAW HOONG  -  582 words
    • TRAVEL
      • 1321 32  -  One of the great train journeys of the world takes you from the south of Australia to the rich red desert centre of the continent mus oiabui hops on board The Ghan for the adventure of a lifetime MARK GRAHAM THEY never did finish the
        PHOTOS BY MARK GRAHAM FOR BT  -  1,321 words
      • 736 32  -  DESTINATION For air travellers today, Kerala is just a few hours away, but the ghosts of the past are still there, along with the riches that lured the ancient traders By] Louis Beckerling THE GREEKS did it So did the Romans. And the Chinese. And
        M BALAN  -  736 words
      • 200 32 TjOO»Hqi South India. Areas 38,863 sq km Populations 29.01 m ('9l census). Capital: Trivandrum Laa|oafM Malayalam (English is widely spoken) Oiyphyi A narrow strip of land bounded on the west by the Arabian Sea and the east by the Western Ghats range (500-2,700 m). Scenic forest highlands are
        200 words
    • Investing For Your Future
      • 1555 33 In the last of this six-part series, we throw the spotlight on a doctor who's aiming to save for his retirement and his baby's education IT was one of life's most significant milestones which spurred Dr K K Tan, 35, to look seriously into
        FILE PHOTO  -  1,555 words
      • 212 33 THIS week, the spotlight is on the concept of diversification, which more than half the respondents in a recent survey were unable to explain. To put it simply, diversification in investing comes into play when you spread your fUnds over a number of baskets or investments. Diversification
        212 words
    • RESIDENTIAL PROPERTY
      • 2119 34  -  With demand for prime freehold properties growing, more new projects are coming up in the area. But are the rising prices sustainable? amo wax mat talks to market players ANG WAN MAY WITH prices sizzling in the River Valley are*, developers are planning to
        PHOTOS BY ARTHUR LEE  -  2,119 words
    • UNIT TRUSTS
      • 668 35  -  THEFDIERPOXIIT Despite easier accessibility to anit trusts, Investors are turned off by high charges imposed By Wong Wei Kong MORE sellers means lower prices, right? Not if you are talking about the Singapore unit trust market. Unit trusts are being sold more widely than ever before.
        668 words
      • 774 35  -  Are you better off putting money into a unit trust investing in Singapore equities rattier than into the stock market directly? bbhfok takes a closer look at which unit trusts outperformed the local stock benchmark in good and bad times BEN FOK The
        FILE PHOTO  -  774 words
      • 392 35 UNIT TWUST/3ECT0H (B MONTHS 300CTHSJWKYW) CHANGE BFNOWAHX CHANGE To#10 fund* 1 Templeton IF Korean/Korea EQ 111.14 Korea SE Composite 124.31 2 OCBC Savers Korea/Korea EQ 106.22 Korea SE Composite 124.31 3 Aberdeen Spore Growth/Singapore EQ 103.83 Spore Straits Times 58.02 4 Sing UT The Savings/Msia
        392 words
    • PERSONAL INVESTMENT
      • 880 36  -  Caution is seen as investors sober up to runaway prices outstripping support levels, says LOUIS BECKERLINO LOUIS BECKERLING PENNY stocks have become a happy hunting ground for retail punters, who seem to be more savvy and perhaps less greedy than they were during the
        880 words
      • 1301 36  - China —riding out the crisis A yuan devaluation will ease pressure from falling exports, domestic prices By, John Calverley The writer is chief economist and strategist, American Express Bank. [SINGAPORE] China's crisis in the late 1990s has taken a very different course from that of South-east Asia, even though many
        FILE PHOTO  -  1,301 words
      • 1329 36 Depoe* amount 1-mth 3-mth #-mth Depoeit amount 1-mth 3-mth 8-mth DBS Bank HSBC A$ A$ S10.000-A24.999 4 2200 4 2200 4 3200 25,000 74,999 3 7500 3 8125 4 1875 A25.000 A49 999 4 2400 4 2400 4
        1,329 words
      • 725 37  -  And bonds give more yield than cash, OEMiiViEVE cua learns from Rothschild Asset Management GENEVIEVE CUA IF you're still wondering whether this remains a good time to put your money into equities, the reading by Rothschild Asset Management is unequivocal: You'll make more money
        Source: Bloomberg  -  725 words
      • 773 37 Investors can't count on strong economic growth, high rates amid greater risks on Wall Street FT [LONDON] Stronger economic growth and higher interest rates? Financial markets in the US and Europe have had it good for so long that any shift in the investment
        FT; FILE PHOTO  -  773 words
    • SMART MONEY
      • 1312 38  -  Your life savings may be tied up with the CPF, but you can still tap them for investment cr.ftßTfWft tan explains the various options available CLARISSA TAN WHILE you think of ways of getting more returns on your hardearned cash, don't forget that you
        FILE PHOTO  -  1,312 words
      • 406 38 These are some questions we've received following last week's feature, "Tapping banks for share financing", answered by a panel of experts from Keppel Tat Lee Bank. Do keep your questions and feedback coming! Can the overdraft facility be used to finance some more shares? As
        406 words
    • PERSONAL FINANCE
      • 1008 39  -  Funds do doable duty as investment tool and insnr&nce cover By Genevieve Cua UNHAPPY with the meagre returns from a straight life or endowment policy? In today's much-improved investment climate, an investmentlinked insurance product may be worth a second look. John Hancock
        1,008 words
  • Page 25 Advertisements
    • 155 25 Entertainment Star Wars special EL 3 mM I ,#r-- i fl HISIK r-.jp I Have Card. Will TVavel. I No matter where you travel in the world, you'll be welcomed when you carry the American Express' Card. From travel assistance a. over 1,700 Travel Service offices to instant I recognition
      155 words
    • 12 25 From Adelaide U Ht O'- HV> H to Alice Springs EL 8
      12 words

  • Page 26 Advertisements
  • Page 26 Miscellaneous
    • 170 26 CRYPTIC CROSSWORD i 30 "ratios) t0 giVe y U C nSid 9 tatriguing costume? (5,3,6) YESTERDAY'S SOLUTION 15 Name inside big bag of sand- |p|q| i InltltlalklelnMslnlalpl DOWN wiches, say (5) leBnIBaBIe WsMoM i ■u| 1 Athletics event one tries to get 16 With which to play groovy off the
      170 words


  • Page 28 Advertisements
    • 106 28 Where to wine, dine and entertain... 76 Bfia Baaah Road, Singapore *****8 Tdi 338-8333 Fax 339-6866 Wcb-«ita i httpi//www.carltoe.£om.sf To a night of I great fun and I J entertainment Hk Jm at Cangtry's mm Happy Hours 5.00pm B.oopm Daily (with complimentary snacks) V 7 'Live'band V I entertains J
      106 words
    • 61 28 I available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavanagh Road, Singapore *****7 Tafc 737 9044 Fax; 733 3175 on predictions! L Advertise in Wine, Dine Entertain of The Business Times and reach out PT to 140,000 readers daily. f
      61 words
    • 55 28 U:\( >> f SPECIAL VggOEN^UFFET Come and celebrate die weekend with a delicious buffet spread of local 6c western delicacies and a variety of hot and cold desserts at Coleman's Cafe, from 12.00n00n 5.00pm. Adult $12.80' Child $B.Bo— EXCEPT PUBLIC HOLIDAYS, ADULT SUM .CHILD SUM WITH FKEE FLOW OF FKESH
      55 words
    • 143 28 One of the best places to enjoy nonva (bod is St. Gregory's Brasserie. Our chef won't aisappoint you with his buffet spread of Nonya specialities, including Kueh Pietee, Ayam Buah Keluak, Otak Otak, Udang Assam, Yang Tau Foo Lemak and Apotn Berkuah, that vary every day Daily Nonya Lunch Buffet:
      143 words
    • 159 28 H MANDARIN SINGAPO R Ej T o»c«»»o I DUMPLING FESTIVAL 4-18 June 1999 WE'VE GOT ASIA'S STAPLE DIET ALL WRAPPED UP READY TO GO. Take home a selection from our savoury Shanghainese, Cantonese and Nyonya dumplings this Dumpling Festival. For enquires and advance orders, please call: 831-6283/5 (daily from 10am
      159 words

  • Page 29 Miscellaneous
    • 1927 29 TODAY'S TV RECOMMENDED VIEWING 12 Indonesian Election. 2.30 PM TV Innovations. I®-J® Talking Point. When dreams tS A dve„. m- &>»■■> romantic comedy. tures 7 Special. come true lUO Barney And Friends. I« R. u, MN Headline News. Father of the Bride 2 8.00 Maisy. 1103 AM to 6.00 am
      1,927 words

  • Page 30 Advertisements
    • 46 30 LEGACY™ $490 T N2 W522 /mil Mmf r QpPf?/V®« 11 J^BfiS^i^^i/s^r COACH WATCHES WOMEN WATER RESISTANT WWW.COACH.COM CALL 734 3833 KT^T^TT^u^l Chew Cheong 734 5096 Defcjxe Eastern 235 2536 Nantonq Watch 336 3658 Roy Eastern 734 2367 Sincere Isetan Scotts 736 0674 Watch Takashtmaya 736 5068
      46 words



  • Page 33 Advertisements
    • 16 33 An initial Ssl,ooo investment plus Ssloo a month could add up to *****,000 in 30 years.
      16 words
    • 467 33 brought to you by Citibank Investment Services r 1 1 To find out how much you need for your future, i S complete the Citibank Financial Needs Analysis Form now. I Citibank Financial Needs Analysis Form j To find out how much you'll need for your retirement or children's education,
      467 words

  • Page 34 Advertisements
    • 47 34 "E5 I tzn cm r 1 D D D T T v-Home. J man ana Hotline: *****68 6HS SINGAPURA BUILDINQ SOCIETY LTD Anq Mo Kio JOH J??? BrMi.hßo.id H< dok J.JO 8011 BuKil Timnh Jf>7 Ir)ir,1 r )ir, f .isl Cons! IJB H.'hJ S<>( .inqoon ."ft HHOO
      47 words



  • Page 37 Advertisements
    • 118 37 The fit survive... but only the best get chosen. 1999 Enterprise 50 nominations are now open Companies can nominate themselves by completing the official nomination form. Companies must be home-grown, privately-owned and incorporated under Singapore's Companies Act (1994 Revised Edition) with four years of audited statements. Nomination forms are available
      118 words

  • Page 38 Advertisements
    • 123 38 N««d a horn*? yf& > \f V; "V #;*> i ftfc v^jglSjl\s&2.- z -ffijffJvui; g&te--V-N. :Vi.''"*£ «2 *.-v *u\ii r >-/ V v < -.;<•■ J 3 r*- 3 >*',v >» >' V '-.••<> Ani '5' i V V?" '-('I Call Keppal for a Housing Loan 222-8-222 |fe;- J&fe#j£p% r
      123 words
    • 214 38 brought to you by Hfl'l'MlTrtLee Bank Next weeks Loans to small and medium enterprises Give us your feedback and win a wristwatch The above article is the ninth of a 13-week educational This exclusive Keppel series on personal finance. We would like to hear your Tat Lee Bank wristwatch will
      214 words

  • EXECUTIVE MONEY
    • Article, Illustration
      1131 39  - Share margin trading is back in trend, but banks are exercising more caution in a bid to avoid margin calls and forced sales, olajubbatam reports CLARISSA TAN IT was only a few months ago that "stock market" was a bad word in everyone's vocabulary, and shunned like a pork plague.
      FILE PHOTOS  -  1,131 words

  • Page 40 Advertisements
    • 139 40 Properly More launches in River Valley area, EM 10 Unit trusts Charging high fees for funds makes no sense, EM II I -a With ud to You will never see red when it comes to investing. Because 70% now there's Maybank Share Multiplier. By simply depositing financina. $10,000 (cash or
      139 words

  • SHIPPING TIMES
    • 148 41 Bridge News, Reuters ALTHOUGH there is a shortage of spot Panamaxes in the US Gulf and charterers with early cargoes may have to face paying a higher rate, easier rates continue to be seen for cargoes ftirther out. J However some brokers are bullish that rates may start
      Bridge News,; Reuters  -  148 words
    • 268 41 Jml a «/j CWT Distribution U49 -0.04 «M ChuanHup 1.11 -0.02 622 Cosco Investment 1.10 -0.05 357 FrvtaMLMu 003 -0.01 S342 G8 HoMktgs 076 -0.05 218 MISunHup POT -0.03 MO* IMC Mo«ng»-HK MO unch 0 Jaye Holdings 0.92 -002 1065 Shipyard 6.85 0.15 292 Corp 4.90 -an 2*40
      268 words
    • 513 41  -  Owners'asking prices continue to be ont of synch with box vessels' earning potential: Cl&rkson's By Felix Chan [SINGAPORE] The depressed containership sale and purchase (S&P) market is forecast to decline further this year as the disparity between price and vessel earning potential widens. On the
      FILE PHOTO  -  513 words
    • 230 41  -  By\ Marcus Hand [SINGAPORE] The founding underwriters have been named for the Asia Marine Consortium, a new Hongkong based hull underwriting venture. Lead underwriter will be Jonathan Jones Others syndicate, in cooperation with Lloyds CLM syndicate and the Hongkong arm of Indonesia's Tung Insurance
      230 words
    • 376 41  -  By\ Felix Chan [SINGAPORE) A wide-rang-ing study has been commissioned by a high-level working group to promote safer shipping practices and the deterence of substandard ships in the Asia Pacific Economic Cooperation (Apec) region. Australian research group Asia Pacific Maritime Institute (APMI) has
      376 words
    • 649 41  -  ADMIRALTY CASEBOOK By\ Selva Kumar A VESSEL'S voyage charterer has a contractual duty to provide the agreed amount and type of cargo at the loading port. However, the duty to load and unload cargo can be shared between the shipowner and/or the
      649 words
    • 1230 42 SHZFBBOKZMO A Miami woman succeeds her father as head of a ship brokerage firm, defying a tradition of male domination [MIAMI] SHIP brokerage tends to conjure images of men in smoke-filled rooms in London or maybe New York. But, in Miami, it is women who have
      1,230 words
    • 319 42 PACE [mrgrm 6 •AMI 3 FoonflSun Accord a Frotl Ahrenkiel M WUnki M AASCO 12 GUnk 4 Appenshtp 5 <*"•*'•« Austral e Gw h M M Avant 14 M 6'tang Mai 8 BSA 7 HanQli 7 Ul 14 M«nJ4n 3 Balaji Shpg 4 H#W, A 4 Bangladesh
      319 words
    • 19388 49 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vmm« Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Nam* Name Number Number SIN Dest'n Name Name Number Number ■■■■■■■■■■■■■MNMMaBMHaMHHHaaMMMHBMaMMM MMMMM8MMMNMMMMMBMMMMMMIIHBMMMMMMMMMMNMNMI 15/06 25/07 NVK IWASHIRO OWN *5-*****23 To ABIDJAN (ABJ) 2003 Cote D'lvoire To BUENOS AIRES (BUE) 2060 Argentina 11/0* B/07
      19,388 words
    • SHIPS IN PORT
      • 639 55 Vaml Voy Mo Barth Arrival Departure JM|M IT Handi Jeya *****9 J1 Hongs* 04.06/0100 IT Nuroiana 060T99 J1 Mngsilll 04.06/0600 IT Rahmetlnd *****9 J1 alongside 04.06/2359 6 Express 601/99 J12 alongside 04.06/0600 Klmtransagua NMR06 J17/M alongside 04.06/0600 Nlaga 61 02/99 J10 alongside 04.06/2)00 PU 2509 1606 J11 alongside
        639 words
      • 1793 55 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Bookktg/Mtnct litis Ship Voy Mo Etb/Btr Nrtoi From To From kiDW 02U 04/1500 U OVHM 01/HS* OVHM ovhm ovhm ovmo U OVTTW 04/04M 04/0*00 a ovmo wwi 04/0*00 1 04/0700 04/IH* 04/M00 4 04/B00 04/MM 04/1700 MAMM COM* 04/0400 tt
        1,793 words
      • 164 55 JoaO Denmark: Constitution Day. Ju 14 Australia: Queen's Birthday. Jna IS Hong Kong: Tuen Ng Day. juao Finland: Midsummer Eve Holiday. Indonesia: Mouloud Prophet's Birthday. Brunei: Maulud. Finland: Midsummer Day Holiday. In 30 Brunei: Half Year Bank Closing. Ml Canada: Canada Day. Ml 4 France: National Day. JallS
        164 words
      • 814 55 THIS report. complied by Cockett Marina Oil Ltd. *how* price rant* in US dollar* inataad of tingle pricaa tor a mora comprehenatve deacription of the market. Price* thown are baaed on averageaised stem. Market movement* are indicated. The Cockett Bunker Price Index chan«e and the individual
        814 words
      • 352 55 Carta* WO Mm 990 3 O.T *7 0.0* 75 0.M May 27 DMtrty Nater RaaMw tit AftmWM Mini IteatoMBS 0 0 7 0 0 1 rrr- mo Aw m.» oj 04 o.o* M 0.02 taJ MO Mm 992.5 10 19.4 0.09 90 0.0* MAT! %ift »m/n
        352 words
    • AIR & LAND TRANSPORT NEWS
      • 268 56 BAILING OUT PHILIPPINE AIRLINES Strike moratorium and capital infnsion of USs2oom virtually assured AFP [MANILA] Philippine President Joseph Estrada yesterday expressed confidence that Philippine Airlines (PAL) would meet a deadline to avoid bankruptcy, saying a strike moratorium and capital infusion were virtually assured. Mr
        AFP  -  268 words
      • 237 56 BernamaKyodo [NEW YORK] Japanese carmakers yesterday reported buoyant sales in May in the US market along with their US counterparts, with Toyota Motor Corp setting a record high and Honda Motor Co posting a record for May. Toyota Motor USA Inc
        Bernama- Kyodo  -  237 words
      • 521 56 CATHAT PILOTS' PAT BOW Govt officials to try to settle row in tri-party talks Reuters [HONGKONG] The Hongkong government was scheduled to meet Cathay Pacific Airways Ltd yesterday to try to get talks resumed with the pilots' union on a pay dispute which
        Reuters; AFP  -  521 words
      • 395 56 Bridge News [CANBERRA] The Australian government is to ease foreign ownership restrictions for Australian airlines. The policy is part of a package announced by Transport Minister John Anderson that has come about in response to a Productivity Commission inquiry into international air
        Bridge News  -  395 words
      • LOG Book
        • 112 56 Reuters [NEW DELHI] India said that turbine-engined aircraft will not be allowed to operate unless equipped with a ground safety device. The planes have to be fitted with a ground proximity warning system (GPWS), a device that warns pilots of a loss of
          Reuters  -  112 words
        • 71 56 AFX-Asia [SYDNEY] Qantas Airways Ltd said recent foreign purchases have resulted in foreigners having a relevant interest of about 45.77 per cent in the airline from 44.41 per cent on May 5. Qantas made the announcement to the stock exchange in accordance with its
          AFX-Asia  -  71 words
        • 98 56 AFX-Asia [LONDON] Ford Motor Co unit Volvo Cars is considering building its next range of mid-sited vehicles at US plants operated by Ford, The Financial Times reported, citing Volvo Cars chief executive Tuve Johannesson. He said Volvo has abandoned the idea of
          AFX-Asia  -  98 words
      • 1714 56 OTT FUtHT ETA FU6HT E7P S***** 1605 LH787 2359 >HMH AM8230 1850 U4587 2359 LH6381 1850 $***** 2359 M230 ***** 1645 $0990 0W5 Awtarta* S023 0705 KL844 0040 tiUllwiHC S0803 1905 C2354 0910 $0327 0745 KL843 1730 C2351 2045 $0804 1020 «f«S M55 SS M* 741
        1,714 words
      • 539 56 »—MW 1WIJHMI ™»ifm Los Angeles Times [LITTLE ROCK, Arkansas] The investigation of why an American Airlines jetliner careened out of control on a rain-slick runway and slammed into a steel light tower focused on a veteran pilot who tried to land amid hurricane-force wind
        Los Angeles Times; AFP  -  539 words
  • Page 41 Advertisements
    • 77 41 Shipbroking Woman breaks male hold A Miami woman succeeds her father as head of a ship brokerage firm. Page 2 Built With You In Mind« That's What You Can Expect As Malaysia's Technologically Superior Port Phases To Premier Soon. nm Port of Tanjung Pelepas RELIABLE EFFICIENT ADVANCED PelabuHan Tanjung Pelepas
      77 words
    • 16 41 Estrada confident PAL can avoid bankruptcy Strike moratorium and capital infusion of USs2oom virtually assured. BaokPage
      16 words

  • Page 42 Advertisements
    • 928 42 I NORTH AMMKA i I MXPOfrr I I otwh otrntufioNi I MK-«ww«wrTL»pWa»-p*»cTTOLA 1 1 .IBH I vaa vor iGfai now iqwwmi mm mmurn <atwo mum woman t gmm vot jat rr.aurml kajutu m» lmmzo n|am ooaiMu ssbm m/m m/m H7R m/m ~ff7d 878 oi/v H/17 Hi w oiw |m/m u/w
      928 words
    • 85 42 rZ SANKYU (S) PTE LTD I 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAM POUT! ha— a. am cm— Ports CVIWY TMIIB k MM YIIMI v tSSII vor HP MM mTYO HA not ITAYOK TO NOP HAOSTI HOUSTON V.***** 06JUN
      85 words
    • 620 42 services represented u ktan^an fOl; D MefTV ers of me Registry of /SWPi Smgapore Fcrwarders \vISPW Accredited Shipping Agents UjUU Association Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIIR/FRE MANTLE (MONTHLY SiKVKI) MV "TBN" ETA SIN 26/06/99 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAJNOtS/
      620 words

  • Page 43 Advertisements
    • 1117 43 TO EUROPE FROM EUROPE Iwssa dot Isim <■ hmi orv sou m iir[|vpsa vot Ira anr m» drv sou fit ia sm~ HYFEDERAI 31«W 07/0* 24/0* J*/0* 21/0* 23/0* MAAS S24E l*/0S l«/ 0$ 21/05 22/05 Of/0* THAWS 555W 11/0* 03/07 30/0* 01/07 20/0* API AUUNOME 30K 22/05 19/05 20/05
      1,117 words
    • 41 43 CONTAINER SERVICE S'PORE/JAKARTA/SEMARANG/SURABAYA VESSCL/VOY STOflf JAKARTA SEMARANG SUfUMYA PfRMAi *****-438 08/06 IQ/06 12/06 PERMAI *****-439 15/06 17/06 19(06 PERMAIIO44O-440 22/06 24/06 26D6 PERMAI2 0034-034 11/06 15/06 PERMAI 2 0035-035 18/06 22/06 PERMAI 2 0036-036 75/06 2906 PtRMAI 2 0037-037 04/07 08/07
      41 words
    • 1893 43 <g) HANJIN SHIPPING HkEWr»l* -Sd» *****30 maiuw smrywt ff) rn ltd n» a» kxximc *****3s w salk *****74 ra Donman *****; 1774 gaggs 7320?50?5i mwu« mna hi rrmw am nsawdoooM I TO NW USA A CANADA USA m VSI/VOY MM SM UNI HALA/VOY ISU I TM KM PW OO WSf
      1,893 words
    • 461 43 FULLY CONTAINHIIIP PIPICATIP titVlCll resa wr_ _s«_ m wr sw we m us* pus |wt» sw in; wrr jji Ijp MOWMM ISS M/OS 11/ M gH 02/04 M/M M/M 10/04 11/ M iSrfmiMt; I Otffi I Mp IllflgffrfiH UntlMMI 13/ M 15/* 14/04 W I I I WtS jl«/S| ?0/S
      461 words

  • Page 44 Advertisements
    • 1604 44 DSR-SCNATOR UNES TO UK/CONTINENT TO MEDITCRRANEANCANADA wa VOV Ml LfH HTM MM HMI IWV fU Ma VOT MM MT SK TOS WJ MHI MBWURSTM MNM2S 17 M 21M M R 27 M ill M M MDFCSBMTIM \MM2f lIM Z7 N H H *1(7 ID 17 11*7 PUHIM SENATOR WM2I MM
      1,604 words
    • 940 44 MAC-NELS S PORE MSIA Cantor MM cami IMB. MC r.ouomtmm** MAMLA:(®32)M***** PBWtoW2M4B6 BANGKOK: (W2) *****67 SURABAYA (31) *****0 KB-ANQ: (03) *****77 JOCT g1)*****07>0t (01)»***** KUCHMO (002) *****1^3 BOMBAY I MADRAS MV "XPRESS NILGIRI" V. 181 MV SINAR TIMUR" V.014 ETA SIN: 7-6-99 ETA SIN: 7-6-99 PORT KIANC/PENANC VANCOUVER MV "BUNGA
      940 words
    • 498 44 UNE A mtttIMMMXtISISIIS 1 MUARA 1 1 LABUAW 1 VESSB VOT (ID IB VBSa VOT CTD Ett sum muaaa SPOU IM jrtosw via/w s*d 07/ m Jftosra vix/n m 07/ m CABAAAM332VI*/* 07/ M 10/ M CMMUJKS32 VIJE/W 07/ M 11/ M jnosrat VIS/Wl3/M i*/m jpkwb vm/w u/w 17/ M
      498 words

  • Page 45 Advertisements
    • 1143 45 VEBBgL VOY KHH HKG SIN PKO PQB PXB PMM BA BIK~ IRAN TEYFOURI PCL-5104 26/05 28/05 01/06 02/06 11/06 12/06 13/06 15/06 17/06 IRAN BAAKERI PCL-5105 02/06 04/06 06/06 00/06 18/06 19/06 20/06 22/06 24/06 IRAN SHAHRYAR PCL-5106 09/06 11/06 15/06 16/06 25/06 26/06 27/06 29/06 01/07 IRAN BAABAEI PCL-5107
      1,143 words
    • 1168 45 W*Uy Mrwt Mb to Mm Bap), "fy (7»T»)-fcfcyOfcaydj I ITD Hh"'" 00 OUTWUO 4IOMM tOHOMOfHa WW®! 04/04 (N/o« 10/0* 22J«/m»i JUL W P® W* IS. EAST COAST/ISBAB MftHfOOttf OS/Q4 M/ 0* 12/0* M/ 0* au«w ii/nc 30/05 04/0* lIAUTY BV(| /007K 07/0* 12/0* U/0* SISffiEL, V/K 74/05 01D* 07/W NK
      1,168 words
    • 553 45 CHINA SHIPPING (GROUP) COMPANY CHINA SHIPPING CONTAINER LINES CO., LTD. 1 FAR EAST EUROPE FULL CONTAINER EXPRESS SERVICE 1 WESTBOUND (FIXED WEEKLY SERVICES) VOY XOO 1 OM 1 SHA 1 HKO ls'PO« I Km HAM~I FXT MARE GAUJCUM "0' 23 25 Moy 28 Moy 31 Moy 03 Jun 24 Jun
      553 words

  • Page 46 Advertisements
    • 1073 46 I S6P ROM ANW HBG THP ZEE LHV I LMV IMP ROM AJfW Hftfi m I tep I E SSXSm iMt dm 7 uUw %Z1 !52? !J2E !*2 7 E ROm RE 042 13 *s 15 u*s 11/05 10*5 oo*o %im r niinfM--*-" IMS ??2I W 13*7 14/07 lE. RACER
      1,073 words
    • 610 46 f PACIFIC INTERNATIONAL LINES (PTE) LTD A I 1 ffti 140 Cad SUM. <0040 PlLBi*lng,Siwim *****0. I CR NO IQQeO67OOOOE I |n?» m mi jil m in I SftMu' BT ffi ,7, m m jfj I mee r''tlTf§Bn J!?l. jSj MOO XD M) fZU BSW MB HQ I all nt
      610 words
    • 515 46 NANTAI LINE j FUIiY CONTAINER tSED SERVICE TO MAWITIS/SOUTH AFRICA rasa vot si "mi IDm|JWI cn I to IMWQUffII IQ3SS Itt/M 11/84 a/* ftp* VfH mranma* tons tw mi */w v/v mm wis tcss ow itw ww n/p lwlyv~ quanta* mas iw am v/w x/w 31 imroi(Miffli ine mi ~m
      515 words

  • Page 47 Advertisements
    • 422 47 M MYANMA wBHk FIVE STAR LINE W (Myaanor Notional Liao) Loading for Yngoi (Rongooa) VESSEI VOY SIN PRI PEN PGU ■AGO VI WW SID MAWIAMYINE MW 09/04 MAUYSU AGENTS: OOUSTEAD SHIPPING AGOWES KUL- m (03)*****00 PRL HI (03)*****01 KK TU (04)*****02 PGU: TU (07)*****21/4 M BANK LINE (A sorvkt of
      422 words
    • 1209 47 HMM^ I HYUNPAI MERCHANT MARINE CO., LTD. iVßsa wr jsw I sou |iw I rail AWIHAOI iv| m Ifyma vorl sou B rai nn ham mv n V mi 528W 04/04 25/04 26/94 20/04 22/04 HYMGHMSS 3171 12/05 19/95 15/95 11/ OS 05/94 U®?* 31IW 07/04 23/04 24/94 24/04 29/04
      1,209 words
    • 842 47 V ipaaahed outocarnen GX°)3(°]@ Wilhelmsen Lines TO NORTH AND LATIN AMERICA *RORO HEAVYUFT SERVICE* VOY I KAMP HEIGHT W UU Cll MIA SAV Ml Otf NYC MW Mfl» SUSL 400 lo7o* ~0670T IS/07 lg/oy 20/07 22/07 23/07 25/07 WoT *****~ JJJJttI F913 4001 M 6.3* 21/0* 25/07 03/08 04/08 08/08
      842 words

  • Page 48 Advertisements
    • 1872 48 »AB*QK OK/MAP TA PHUT/LAIM CHABANQ JAKABTA/PAMJANO VESSCL VOY SIN BKK MTP LCH VESSEL VQY SIN JKT PJN MATWU BHUM 417N 06/06 09/06 08/06 GURU BHLIM 131 SB In Pt 06/06 XETHA BHUM" 286N 06/06 09/06 10/06 AKA BHUM 346S 06/06 09/06 CHANA BHUM" 73N 07/06 11/06 ANRO JAVAKARTA* 090 06/06
      1,872 words

  • Page 49 Advertisements
    • 55 49 I JEBELAU/PORT SAID B3DCB3I£D BENGHAZI TRIPOLI WSBESBiJM TUNIS ALGIERS CASABLANCA Refer To Pe 6 m Turn To Pg 14 (every mon/wed/fri) P Richfield Marine iBjJ Agencies (S) Pte Ltd Oceanus Shipping Agency NEW PACIFIC UNE Our Schedules Are NEW SERVICE On Pg 5 FROM ASIA TO H PACIFIC sIXSXS* NORTH
      55 words


  • Page 51 Advertisements
    • 58 51 (Retrieve more schedules!) S^Press-r ci jp\ Select the port and key ih SIKJ the four digit code eg: To New York (NYC) 2275 j* 3D Key in your fax number J Snßjj Enter your phone number Another Innovative sefvfce offered by The document Will be QOTPPTMH TFMPQ ST H»I faxed
      58 words

  • Page 52 Advertisements
    • 141 52 1 FBOM: U K /COIITIIIEW/ MIDDLE EAST TO: FAB EAST WW SKN KKU TMA VKSE/VOY SM lAW CHAMNG MAMA HONGKONG KffIUNG RUMN STAR V33A 21/* 24/06 24/06 loading rot: FIGARO aim MPT 01/06 jmAM/Sm/FUISMMG/AMTWOtr w/w ■AUTSU- MSN (M) SM MB TAWAU- WtKOCN RDGHT SVG PORT KBANG ASBfT: SUNSMP AfiSKKS (M)
      141 words
    • 59 52 EXKfSmaTOMraiBUI/MttZDN vKw/v?y m m s HDANJOI 03/0* 05/07 H/07 11/07 1W 11/17 11/01 20/01 n/oo IN 10/01 10/0* 10/00 N/09 BKlini m sSSEr SsSSpL SSEWTIICTKM/T)* vtmntiha fcTtSmow 1* tetm-iiMW/ww m|hL Send out 48,000 copies of your saMng schedules around Asia. MpHTf Place an ad in... Jgjwifc Shippingtimes Just talfc to
      59 words
    • 169 52 ESP LINES WUKIY ICI AMD Fa SliVKt —tmsa-CQWT MUM SR9S OffTTAGONG, MAMAS IANGCOK, HONG KONC HAMUK, ROTTBtOAM •OMBAY, COUXMO JAKARTA, MAMA ANTWBP, MBMK CAIOfTTA HO (Ml —t. HATWOIK REGULAR CONMMUISB) INDONESIAN SBtVKE I VBia/VDTAg S'POM I IT I W 1 K 1 at p ama/wi wk h/k ivts \m fHBWI
      169 words

  • Page 53 Advertisements
    • 969 53 —P—SAMUDERA SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR >0.**********00 TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****16 (IMPORT STATUS) TLX: R*****0 BOOKIH6S GALL DIRECT LINE: 535 6266 Cel1«/J«8»»ca/M8i Ch»ii/Je»lyim/Dor«/l¥y/Hailw PMlfSt/WkittiMsaaafl q SLGS/week BaaaaM EVERY 4 DAYS VESSEL I VQY StN I JAK luemel
      969 words
    • 895 53 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO ntf I HH I JU I SW 1 MW I PPG I CM I OOR Htt I im I ot> 1 W I lEW I ua j mom I HOIGH MAKE /(MS2 12 06 18/06 23 06 2S/06 i M/ 07 !03
      895 words
    • 86 53 SHIPTING*w3^^ tow; Singapore Loading Duly Mon lo Sat (BATAMINDO I/HI) Accepting K7lXonv*r*ionaVProfeci/Heav> Lift Cargo Reefer Container Btataa: Singapore Loading Mon. Wed fti (BATAMINDO II) Accepting KlXVmvenbonal/Projecl A Heavy Lift Ca^o Uk 227 0322 Fax: 222 9330 ■nihil TUppln t WmhoMhf Pt« Ltd Ik «4>h «—4—»-si Tl| 11 I «m>4 REGULAR
      86 words
    • 554 53 Irrr# Soviet Skippfag CPI WVVV aNt 100S06I0000N IBolilm Shipping Pi VJJJ HMrMS4i>y) a* Misname VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO39 09/06 18/06 TBA 27/06 KOTA RATU RTUO47 18/06 23AM TBA 04/07 KEDAH 131N 21/06 28/06 TBA 08/07 [vena VOY sm calcutta mi SEA SUCCESS 1 ISSV 09-10/06
      554 words

  • Page 54 Advertisements
    • 596 54 IVESSEL^VO^^Sl^^l3A!^^sii^| TIGER BAY 714N 08-09/06 13-17/06 22 23/06 I TIGER ISLAND 715N 11-IZO6 17 2006 25-26*06 I TIGER PEARL 716N 14-1&06 19-23/06 2& 29/06 I TIGER SEA 717N 17-18/06 23-27/06 01-02/07 I TIGER BAY 718N 22 2306 27-01/07 06-07/07 I TIGER ISLAND 719N 252&86 01-04/07 (»I<yD7 I IVESSC^^^^VO^^SlN^calsii^l HARIBHUM 910
      596 words
    • 862 54 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flosinGsingnot.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 Honskong 852
      862 words
    • 1105 54 OOCL (Sinooporc) Pte Lid rF<; r-pp-i n:, /h 65 Ck-faSfOCK Clr #42-00 *****13 *513 #01-128 i J CRNO IIS7S7BOOOOM fct2727«7 Fm k—km§ VL OQCLsS" O 1 te s (Molay*a) Sdn Bhd *****2-U) cat mAUNGMTA fob 03-754 7774 F«: 03-754 6457 (R| «»U*G M: 04-*****45/8 Fax: 04-*****43 *****80 Vj/ IfASM GUOAMC
      1,105 words

  • Page 55 Miscellaneous
    • 122 55 LIOIHO: R Thunderstorm Temperature y Shower Weother Wind direction with speed in knots ee Roin Cloudy Sky Wov h^oht Serfece win* ere mdiceted by errew* which fly with the wind One fufl circle represents cotm or light and variable wind* J__ One hatt Heche represent* 5 knot* L-». One full
      122 words