The Business Times, 18 June 1999

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Microfilm: NL21505
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 5he BusinessTimes MrrA (P) 04tyi>M>rnr 85c SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, JUNE 18, 1999
    13 words
  • Article
    Lock icon MARKET SUMMARY
    60 1 Q1«K3t(+13.54) □ir-au 78SLM (+8.80) SMSCI FUTURES 28X80 (+1.80) IUKKET MOOD: STOCK MARKET INDICES Thursday Change KLSECOMP 787.79 -4.12 NIKKEI 17,47*44 +2S017 HANO SENO 11,***** __.+263.16 8fT INDEX ***** +10.71 JAKARTA COMP _<81.M +19.19 MANILA COUP 2,418.96 +21.78 TAIPEI WPI 8J7i*_+216J4 SEOUL COMP ***** +2.73 CLSA CHINA B 997.21
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  • Article
    Lock icon FINANCE
    73 1 FOREZ BATES uss ss US$ 1.704 I(Ua/S$per£)— I £93 2.71S EURO(USS/SS perE) 1.(04 1.782 DM lj»2 0.901 YEN 120.0 1.420* Ml J.800 0.448 HKI 7.7*7 0120 BAHT S6J0 0.046 JHJPIAH 717# 0.023 *3ttoMunU» PUKE KATES SINGAPORE* 5.83 KUALA LUMPUR 7.25 JAKARTA 41.00 BANGKOK 10.06 MANILA 11.00 HONGKONG 815 TAIPEI
    73 words
  • Article
    Lock icon STI lightweights outpace major blue chips; Omni leads the pack
    962 1  -  It has gained 187.5% in past three months compared to SlA'sB9% rise By\ Louis Beckerling [SINGAPORE] Index heavyweights have run a "sedate" second to smaller-capitalised stocks during the latest market stampede. Measured over the past three months, the top gainer
    962 words
  • Article
    Lock icon Non-S$ stocks seize attention
    425 1  -  879 m unit turnover believed to be all-time record By] R Sivanithy [SINGAPORE] Foreign currency stocks sizzled in another hectic trading day on the local market yesterday and helped push total unit volume to 2.2 billion units. Though the unit turnover was lower than Tuesday's all-time
    425 words
  • Article
    Lock icon Greenspan says in not so many words: It'll be 1/4 pt
    1156 1 Modest actions taken now can prevent 'unbalances' Bloomberg Reuters [WASHINGTON] The US economy is growing fast enough that the Federal Reserve may need to raise interest rates at least once, Fed Chairman Alan Greenspan suggested. "Modest preemptive actions" taken
    Bloomberg; Reuters  -  1,156 words
  • Article
    Lock icon Cheung Kong's HK$3.2b land bid cheers market
    398 1  -  From Quak Hiang Whai in Hongkong LI Ka-shing's Cheung Kong Holdings brought cheer to the property market yesterday when the developer outbid eight others to win a land tender at a higher-than-expected price of HK53.24 billion (*****.5 million). Analysts could not help pointing
    398 words
  • Article, Illustration
    Lock icon FJ Benjamin scores big with Manchester United franchise
    485 1  -  Upmarket retailer gets exclusive deal for South-east Asia By\ Rahita Elias [SINGAPORE] Fashion retailer FJ Benjamin Holdings has finally found the back of the net securing the exclusive franchise in South-east Asia for the products of high-flying British football club Manchester United.
    FILE PHOTO  -  485 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Most firms not keen on having monthly variable component
      440 2  -  Survey: Only 7% interested; some say wage structure will become too complex By. Audrey Tan AN overwhelming majority of employers are cold towards the idea of introducing a monthly variable wage component (MVC), as they feel that the current wage structure
      Source: Watson Wyatt  -  440 words
    • Article, Illustration
      Lock icon The world is AMO's oyster
      403 2  -  w Toh Han Shih LOCAL electronic commerce firm AMO is going global. To signal that, the company has changed its name from Asia Manufacturing Online to Advanced Manufacturing Online. "That is the key message. We've set the stage to go global," AMO founding chairman T
      403 words
    • Article
      Lock icon SingTech unit investing in Israel hi-tech firms
      292 2  -  By 1 Toh Han Shih THE Vertex Group, the venture capital arm of Singapore Technologies, will invest US$2O million (5534.1 miUion) in Israeli high-tech firms within 18 months, Vertex Management vice-president Christina Lim said. "We find Israel a rich fertile ground of technology.
      292 words
    • Article
      Lock icon QBE offers trade credit insurance
      305 2  -  By I Soh Tiang Keng THE Singapore branch of Australia's QBE Insurance group yesterday launched its trade credit insurance scheme for businessmen and exporters to cover non-pay-ment risks in their domestic and overseas trading. Five products are being offered under the QBE's scheme for clients
      305 words
    • Article, Illustration
      Lock icon Real earnings in Q1 up 0.3%
      334 2  -  EYE ON THE ECONOMY Wages By, Audrey Tan THE average worker saw little change in his real earnings in the First quarter, compared to the 3-4 per cent increases he got in the last three years, figures from the Central Provident Fund (CPF) Board
      Source: CPF  -  334 words
    • Article
      Lock icon Purvis St site sells at auction second time around for $3.95m
      337 2  -  Jones Lang L&S&lle sells 12 of 26 properties By\ Marissa Chew A DEVELOPMENT site at the hip Purvis Street, off Beach Road, was sold at an auction yesterday for $3.95 million. On the block for the second time, the
      337 words
    • NEWS Roundup
      • Article
        Lock icon Compaq is sole MNC using SingTel ATM
        81 2 IT has been one year since Singapore Telecom launched its asynchronous transfer mode (ATM) and its first and only multinational corporation customer remains computer company Compaq. ATM is used mainly for business-to-bus in ess connections, supporting high-speed communications between offices for voice, text,
        81 words
      • Article
        Lock icon Coke in S'pore sale to consume
        50 2 THE Food Control Department said yesterday it had checked and was satisfied that Coke sold in Singapore was safe for consumption. Coke manufactured and sold in Singapore is not made from ingredients obtained from the same source as Coke manufactured in Belgium and France.
        50 words
      • Article
        Lock icon Corrections and clarifications
        37 2 In yesterday's paper, it was reported that Prudential Assurance has $400 billion in assets under management in Singapore. This is incorrect. Prudential, which supplied the figure, yesterday clarified that it should be $4 billion.
        37 words
    • Article
      Lock icon Pertamina says Singapore gas sale stalled over price
      387 3 Project being reconsidered since lower volume being sought now Bloomberg, Reuters [SINGAPORE] PT Pertamina, Indonesia's state-owned oil company, says plans to sell natural gas to Singapore Power (SP) have stalled because they cannot agree on price for the fuel. "We have to
      Bloomberg,; Reuters  -  387 words
    • Article
      Lock icon Insurers'agreement not anti-competitive
      1026 3  -  MAILBAG Albert Koh President General Insurance Association of Singapore WE wish to clarify misconceptions raised by the Reuters article, "Singapore insurers still need fire rate freeze: GIA", (BT, June 15) that the Professional Standards Agreement No 1 (PSA No 1) is anti-competitive and protectionist. PSA No 1
      1,026 words
    • Article
      Lock icon Do more for corporate governance
      477 3  -  Dr R C Cooper Singapore WHILST Singapore aspires to become a world-class financial centre, the slow progress made in the field of corporate governance should be a matter of concern to the Monetary Authority of Singapore (MAS), the Stock Exchange of Singapore (SES) and the
      477 words
    • Article
      Lock icon Clarifying Compact Metal share sales
      256 3  -  Kan Kuon Weng Company Secretary Compact Metal Industries WE refer to the article published in The Business Times on Wednesday titled, "Buyers are back, but look who are selling", by Louis Beckerling. We wish to clarify the situation regarding the recent acquisitions and disposals by
      256 words
    • Article
      Lock icon Shell Chemicals to shed 7% of 150-strong workforce
      318 3  -  Move to axe 10 staff is part of global cost-catting scheme By. Eugene Low SHELL Chemicals expects to shed around 7 per cent of its workforce here over the next six months as part of a worldwide cost-cutting programme, a company spokesman
      318 words
    • Article, Illustration
      Lock icon JTC's new bonds 2.4x subscribed
      324 3 JURONG Town Corporation's offer of $288 million of 10-year bonds closed yesterday 2.4 times subscribed by institutional investors, lower than the 3.1 times rate for its 10-year bond issue in January. For the issue, JTC has fixed a coupon rate of 5 per cent, which
      324 words
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      9 2 jTODAY(S)ft ■lianhe Zanhan nil >1 Mlvl UIAkJ ft* WJ&Tfr
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      Lock icon Page 2 Advertisements Column 3
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      401 3 MAJOR PUBLIC CARPET AUCTION RETURNED EMBARGOED SHIPMENT (WITHOUT MINIMUM RESERVE PRICE) YOU CANNOT AFFORD TO MISS THIS SALE!! SUNDAY 20 JUNE CROWNE BALLROOM ROYAL CROWNE PLAZA VIEWING: 10 I 1.15 AM AUCTION: I 1.30 AM Ordered liquidation of large shipment of returned embargoed Persian and Oriental carpets by a major
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  • ASIA ON THE MEND
    • Article
      Lock icon KL bond market to expand by 15-20%
      616 4  -  Bankers see issues of RM2O-27b; HewlettPackard launches RMl6Om bond From Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S bond market is set to expand with new issues worth between 20 billion Malaysian ringgit (Ss9 billion) and RM27 billion this year alone, bankers said yesterday.
      616 words
    • Article, Illustration
      Lock icon Golkar may seek changes in IMF deal: official
      429 4 Reuters [JAKARTA] Indonesia's ruling Golkar party said yesterday that it would push for changes in an IMF bailout agreement to help develop a strong middle class if it managed to retain power through last week's election. Golkar is in third place in
      Reuters; REUTERS  -  429 words
    • Article, Illustration
      Lock icon Sing$ hits one-month high of 1.7005 on heavy demand
      432 4  -  More gradual strengthening seen if rupiah rises further By\ Larry Wee [SINGAPORE] Heavy demand for the Singapore dollar from European and US equity funds sent it to a one-month high of 551.7005 against the US dollar yesterday, before gains were trimmed
      Source: Reuters  -  432 words
    • Article
      Lock icon Fischer: no need for Jakarta to go back to fixed forex rates
      437 4  -  From< Quak Hiang Whai in Hongkong THINGS are working well in Indonesia and there is no need to go back to the fixed exchange rate system, International Monetary Fund (IMF) deputy managing director Stanley Fischer said yesterday. Speaking
      437 words
    • Article
      Lock icon Ibra gets tough with corporate debtors: Pay up or get taken over
      618 4  -  Agency sends ont letter asking for sweeping powers From! Shoeb Kagda in Jakarta SOME of Indonesia's largest corporate debtors face the prospect of being taken over by the Indonesian Bank Restructuring Agency (Ibra) if they are unable to
      618 words
    • Article
      Lock icon Conflicting export growth targets: is Thai economy losing momentum?
      680 4  -  BOT lowers target to 2%; Snp&ch&i says exports will grow 4% From Harish Mehta in Bangkok CONFLICTING export growth targets announced by Thai Commerce Minister Supachai Panitchpakdi and the Bank of Thailand (BOT) are creating the impression that the country may
      680 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon US envoys sell the regional economic recovery back home
      355 5  -  Ambassadors to six countries pushing business prospects From Leon Hadar in Washington THE American ambassadors to six South-east Asian countries, including Singapore, have concluded a tour to five US cities, during which they met leaders in the private sector and the
      355 words
    • NOTE Book
      • Article
        Lock icon KL's scrapping of smog index slammed
        93 5 Reuters [KUALA LUMPUR] A leading conservation group yesterday condemned Malaysian authorities for withholding from the public an air pollution index which has served as a warning signal since a smog crisis two years ago. "We cannot see how it is in the public interest
        Reuters  -  93 words
      • Article
        Lock icon KL-Putrajaya highway being planned
        48 5 Bernama [BANTING] The Malaysian Works Ministry is considering building a new highway linking Kuala Lumpur to Putrajaya, the federal government's new administrative centre. Minister Samy Vellu said yesterday this was to provide a good road system for the increasing number of visitors to Putrajaya.—Bernama
        Bernama  -  48 words
      • Article
        Lock icon Philippine real estate loans 13.7%
        70 5 AFP [MANILA] Philippine commercial banks' loans and equity investments in the real estate sector are well within the limits set by monetary authorities, the Central Bank of the Philippines said yesterday. It said the exposure to the sector amounted to 13.7 per cent of total
        AFP  -  70 words
      • Article
        Lock icon Ranariddh to woo Chinese investors
        50 5 Reuters [PHNOM PENH] Cambodia's National Assembly president and former co-premier Prince Norodom Ranariddh left for China yesterday on a week-long trip aimed at drumming up investor interest. He headed for Guangzhou yesterday for meetings with business people, and will move on to Beijing tomorrow. Reuters
        Reuters  -  50 words
      • Article
        Lock icon No decision yet on Indon polls re-run
        73 5 AFP [JAKARTA] Indonesia's Election Commission (KPU) said yesterday it had yet to decide if there were enough complaints of irregularities in the June 7 elections to merit fresh polls in some areas. "If the fraud during the elections adds up to no more
        AFP  -  73 words
    • Article, Illustration
      Lock icon Is Mahathir planning to unveil RM230m man?
      462 5  -  Umno General Assembly Assembly abuzz with Dr M's planned 'surprise' but it's Hishammuddin who surprises with tears From Eddie Toh in Kuala Lumpur DELEGATES at the general assembly of the United Malays National Organisation (Umno) continued to speculate on what party president Mahathir
      AFP  -  462 words
    • Article
      Lock icon Election rumours push KLSE volume past 1b
      263 5  -  R&zaleigh-linked counters make it to most active list From Diana Oon Abdullah in Kuala Lumpur SPECULATION over a coming general election and a buying binge on so-called political stocks pushed volume on the Kuala Lumpur stock exchange past the one billion mark yesterday.
      263 words
    • Article
      Lock icon Dr M will consider quitting only after polls
      236 5 KUALA LUMPUR AFP MALAYSIAN Prime Minister Mahathir Mohamad yesterday rejected speculation that he would soon resign and hand over power to a chosen successor. Speaking to Cable News Network, he indicated he would consider stepping down only after the elections, which are
      AFP  -  236 words
    • Article
      Lock icon Seagate to invest RM800m in M'sia
      211 5 ■PENANG Bernama SEAGATE Technology Inc, the world's largest manufacturer of disk drives, magnetic disks and read-write heads, yesterday announced an additional investment of 800 million Malaysian ringgit (*****.6 million) over the next five years in its manufacturing facilities here, Perai and Ipoh. Seagate senior
      Bernama  -  211 words
    • Article
      Lock icon Sell-off of Thai telecoms sector delayed
      399 5 BANGKOK Privatisation plan now a year behind schedule: official Reuters THE timetable for privatising Thailand's telecommunication sector has slipped again due to legislative delays and is now at least a year behind schedule, a top government adviser said yesterday. Direk Charoenphol, senior adviser on
      Reuters  -  399 words
    • Article
      Lock icon Bangchak stake to be offered to strategic investors
      311 5 BANGKOK Govt says it will also allow foreigners to bid for 16% stake Bloomberg THE Thai government said it will offer a 16 per cent stake in Bangchak Petroleum Pel, the country's smallest oil refinery, to strategic investors, including foreigners, overriding management
      Bloomberg  -  311 words
    • Article, Illustration
      Lock icon Indon energy minister against anti-foreign mood
      214 5 JAKARTA Bridge News KUNTORO Mangkusubroto, Indonesia's Minister for Mines and Energy, says he is fighting members of the House of Representatives who are against allowing foreign oil and gas companies from direct operations in Indonesia. Speaking on the sidelines of a House hearing on
      Bridge News  -  214 words
    • Article
      Lock icon US seeks extradition of Estrada aide
      316 5 MANILA Charges include illegal contributions to Clinton's election Reuters THE US yesterday sought the extradition of a powerful adviser to Philippine President Joseph Estrada on charges of illegal contributions to President Bill Clinton's election campaign and other offences. The US embassy asked for assistance
      Reuters  -  316 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China rejects US explanation of embassy bombing
      427 6 BEIJING But White House hopes China will eventually accept it's a tragic accident AFP, Reuters CHINA yesterday rejected the US explanation for Nato's bombing of the Chinese embassy in Belgrade and said it could not accept the attack was a mistake. The US
      AFP,; Reuters  -  427 words
    • Article, Illustration
      Lock icon Embassy bombed because it had electronic sensors, says Vogel
      260 6  -  From Anthony Rowley in Tokyo THE Chinese embassy in Belgrade was bombed probably because the building contained electronic equipment capable of identifying aircraft used by the North Atlantic Treaty Organisation (Nato) during its bombing campaign in Yugoslavia, prominent academic and Asia
      260 words
    • Article
      Lock icon Congress inclined to renew China's NTR status
      560 6  -  But administration is less certain abont a WTO deal with Beijing From] Leon Hadar in Washington AS a delegation of US diplomats and defence officials try to provide government officials in Beijing with an explanation of how American planes mistakenly bombed the Chinese
      560 words
    • SIN Briefs
      • Article
        Lock icon China's Itics face more Moody's cuts
        56 6 Bloomberg China's debt-laden international trust investment companies may face further credit rating cuts as Beijing restructures, said Moody's Investors All the trust firms, or Itics—except China Sternational Trust and Investment Corp—have an '\dlfavourable medium-term prospect", said the OS-based international credit rating company, which has
        Bloomberg  -  56 words
      • Article
        Lock icon Corporate bond nod for China insurers
        48 6 Corpor ate bond nod for China insurers Reuters [SHANGHAI] China will allow domestic insurance firms Rbuy corporate bonds, opening a new channel of Investment for the fledgling industry, an insurance Mutilator said yesterday. But the official from the China bnurance Regulatory Commission declined to give Bftther details. Reuters
        Reuters  -  48 words
      • Article
        Lock icon Taiwan cap on China investment to stay
        67 6 Bridge News [TAIPEI] Authorities yesterday denied that Taiwan would raise the ceiling for investment originating from Cjfcina to 50 per cent from the current 20 per cent after both sides enter the World Trade Organisation, an 'CjHlcial from the Cabinet-level Mainland Affairs Council
        Bridge News  -  67 words
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  • ASIA
    • Article, Illustration
      Lock icon Foreigners remain net buyers of Japanese shares
      378 8 TOKYO AFP JAPAN'S stock market recovery encouraged foreign investors to buy more Japanese shares in April while their bond buying swelled thanks to tax law changes, the finance ministry said yesterday. The ministry said foreign investors bought a net 993.7 billion yen (5J14.1
      AFP; Source: Bloomberg  -  378 words
    • Article
      Lock icon Japan's current account surplus shrinks 9.2% in April
      577 8 TOKYO Saw material imports rise on govt spending to revive economy Bloomberg JAPAN posted its smallest current account surplus in 25 months in April as an increase in imports, led by airplanes and semiconductors, outstripped a gain in exports. The surplus, the
      Bloomberg  -  577 words
    • Article, Illustration
      Lock icon Tokyo key to Asian recovery: IMF's Fischer
      545 8 HONGKONG He says China has weathered crisis well, helped region AFP GROWTH in Japan must pick up to offset an expected slowdown in the United States and save Asia from another crisis, a top International Monetary Fund (IMF) official said yesterday. Stanley "Fischer,
      AFP  -  545 words
    • Article
      Lock icon South Korea's govt reforms stutter as economy picks up speed
      633 8 SEOUL Bloomberg FOR Korea, virtually bankrupt two years ago and one of Asia's fastest growing economies today, the pace of that recovery may be the biggest threat. As the economy rebounds from its worst recession since the *****, reform vows
      Bloomberg  -  633 words
    • Article
      Lock icon Japanese catching onto e-commerce
      385 8 TOKYO Market seen growing eightfold to hit Sslt by 2003 Bloomberg JAPAN'S market for electronic commerce the transfer of goods and services over the Internet is expected to grow eightfold to 71 trillion yen (Ssl.ol trillion) by 2003, says Chikatomo Hodo, a partner at Andersen Consulting.
      Bloomberg  -  385 words
    • ASIA Notes
      • Article
        Lock icon US sends warships to Yellow Sea
        98 8 AFP [SEOUL] Military tensions over a Yellow Sea-border row boiled yesterday as the United States ordered warships and planes to back up South Korea amid angry protests by the communist North. But despite the deployment and a renewed war of words between the two
        AFP  -  98 words
      • Article
        Lock icon S Korea workers strike for second day
        74 8 Reuters [SEOUL] Thousands of South Korean workers downed tools for a second day yesterday, demanding that the government address allegations that a state prosecutor masterminded an earlier strike and protesting against layoffs. The labour ministry said about 2,000 unionised workers at four companies
        Reuters  -  74 words
      • Article
        Lock icon Indian bourse expects surge in volumes
        89 8 Bridge News [NEW DELHI] Trading volumes on India's National Stock Exchange are expected to jump 20 to 30 per cent after it sets up its trading terminals overseas in the next few months, deputy managing director Ravi Narain said yesterday. "We have received demand
        Bridge News  -  89 words
      • Article
        Lock icon Nippon Steel may turn to WTO
        78 8 Bloomberg [TOKYO] Nippon Steel Corp, the world's second-largest steelmaker, may ask the government to file a complaint at the World Trade Organisation against US sanctions on steel imports, said company president Akira Chihaya. The US International Trade Commission last week ruled that hot-rolled steel
        Bloomberg  -  78 words
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      307 9 Where do Microsoft Showcasing the world's second best data warehousing, analysis and retrieval systems. Second only to the human brain. Why data warehousing is so critical Until now nothing has data warehousing solution for your operation, see the come close to the human brain in terms of processing and Microsoft
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  • THE WORLD
    • Article
      Lock icon US economy strong, inflation mostly subdued
      528 10 WASHINGTON But Fed's regional survey sees signs of rising prices for certain goods Bloomberg THE US economy is picking up speed and, while inflation is mostly "well-behaved", there are signs of rising prices for some goods, the Federal Reserve's latest regional survey shows. "The
      Bloomberg  -  528 words
    • Article
      Lock icon Euro established as international securities issuance currency: BIS
      221 10 BONN Reuters THE Bank for International Settlements' general manager said yesterday the euro was attracting a significant proportion of securities issuance business despite concerns over the currency's depreciation. "There has been a tendency to confuse the potential growth of the euro's international
      Reuters  -  221 words
    • Article
      Lock icon ECB keeps record-low rates to spur growth
      417 10 FRANKFURT Economists see little risk move will ignite inflation; German execs more upbeat Bloomberg THE European Central Bank kept its interest rates at record lows to spur economic growth in the 11 nations that share the euro. The central bank, which left its
      Bloomberg  -  417 words
    • Article, Illustration
      Lock icon Ban Microsoft from acquiring firms: Sun
      282 10 THE MICROSOFT CASE Bloomberg [WASHINGTON] Sun Microsystems Inc chief executive Scott McNealy said on Wednesday that the US government should ban Microsoft Corp from making acquisitions to resolve the world's largest software company's antitrust trial. "We shouldn't allow Microsoft to use its money to
      Bloomberg  -  282 words
    • Article
      Lock icon Eight European bourses to have common trading day
      359 10 LONDON Move is part of plant to create a pan-European market for bine chips Reuters THE London Stock Exchange (LSE) said yesterday that eight European bourses had agreed on a common trading day as part of a drive to create a pan-European
      Reuters  -  359 words
    • Article, Illustration
      Lock icon Venice comes to Vegas
      70 10 [LAS VEGAS] Gondolier Dante Rainier giving a gondola ride to Venetian Hotel and Casino employees during the Wednesday public opening of the Grand Canal Shoppes at The Venetian in Las Vegas. The 800,000 sqft Venice-inspired indoor shopping mall, complete with cobblestone walkways, arched bridges and a
      REUTERS  -  70 words
    • Article
      Lock icon Summers pledges to keep strong economic strategy
      367 10 WASHINGTON Plans also to tackle Social Security, Medicare problems Reuters DEPUTY Treasury Secretary Lawrence Summers pledged yesterday to follow an economic strategy based on sound spending policies and more open foreign markets if confirmed as successor to Treasury Secretary Robert Rubin. In prepared
      Reuters  -  367 words
    • Article
      Lock icon US Q1 current account deficit rises to record US$68.6b
      385 10 WASHINGTON Bloomberg THE US trade deficit in goods, services and investments widened to a record in the first quarter, as exports faltered and imports gained momentum, the Commerce Department said. The current account, the broadest measure of international trade because it
      Bloomberg  -  385 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Does World Bank fail the eco-test?
      753 11  -  THE BOTTOM LIMB OPINION By Harish Mehta The writer isßT's Bangkok correspondent DOES the World Bank owe a duty of care to ensure that the projects it funds do not impact adversely on the environment and local people? The question seemed to have been
      753 words
    • Article
      Lock icon IN OTHER WORDS
      150 11 The difference between us is that Japanese yakuza think of long-term business relationships, but the Chinese mafia thinks just of the short term. Their only goal is money, money, money.' A yakuza member on why the Chinese gangs are taking over Kabukicho. Japan's largest "entertainmentzone". 'We know
      150 words
    • Article
      Lock icon Waiting for Mahathir's next move
      615 11 EDITORIAL AS Malaysia's longestserving prime minister, Mahathir Mohamad has an assured place in his country's history. But how he will be remembered will depend also on how he hands over power. In particular, will he end up hogging the stage for longer than he should?
      615 words
    • Article, Illustration
      Lock icon All talk and no action won't solve EU's troubles
      1219 11  -  Cosy rhetoric of the Third Way, or neae Mitte, is not the right way By] Martin Wolf FT AS advanced by British Prime Minister Tony Blair and German Chancellor Gerhard Schroder last week, the Third Way, or neue Mitte, is like
      FT; FILE PHOTO  -  1,219 words
    • Article, Illustration
      Lock icon Why The Spy Who Shagged Me is a box-office hit
      833 11  -  COMMENTARY Advertising and word of month create the necessary 'bnzz' By\ David Ignatius The writer is an associate editor of The Washington Post The Washington Post HOW did every teenager in America magically understand that Austin Powers: The Spy Who
      The Washington Post  -  833 words
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      438 12 f,. Am jS v \Mßr w PSA Marine CERT. N0.:99-2-1008 SS ISO 9002 1994 Achieves ISO 9002 Certification |j JrV I^BOHI ISXI ■,-->' md. -j£fc u I4ifcjKgm." < l^MMW^iJffiAfciM. \^^o¥wt^S7 .jflMB HPSA Marine, a wholly owned subsidiary of PSA Corporation, is the leading marine launched two new initiatives, the "Event
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  • Article
    Lock icon Hiap Seng Engg IPO 209 times subscribed
    355 13  -  Second highest subscription rate after VicPlas' record 216 times By, Annette Pan [SINGAPORE] Hiap Seng Engineering yesterday joined the trailblazing IPO path with a subscription rate of 209.6 times. This is the second highest subscription for a new listing since the bull-run days
    355 words
  • Article
    Lock icon Ho Wah in US$704m asset, toll road deal with six China firms
    264 13  -  By] Rahita Elias [SINGAPORE] Ho Wah Genting International yesterday struck a conditional sale and purchase agreement with six Chinese companies to acquire the concession rights to operate toll roads and their related assets in China for US$7O4 million
    264 words
  • Article
    Lock icon Nasdaq poised to conquer Asia-Pacific bourses?
    816 13  -  HOCK LOCK SIEW Anthony Rowley TROJAN Horse has appeared at the gates of the Tokyo Stock Exchange (TSE). As was the case when the ancient Greeks used this device to launch a surprise attack upon Troy, now Nasdaq (the US automated quotations system) appears
    816 words
  • Article, Illustration
    Lock icon Lady Hill condos: FCC, Cheong seen gaining $95m
    521 13  -  By, Ang Wan May [SINGAPORE] First Capital Corporation and dealmaker Simon Cheong are likely to make a gross profit of about $95 million from the sale of the Lady Hill condominium project. FCC, which bought a 40 per cent stake in the
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  • Article
    Lock icon Heshe eyeing properties with en-bloc potential: Chia Shi Teck
    356 13  -  By Rahita Elias [SINGAPORE] Heshe Holdings, which reaped a capital gain of some $3.5 million from the divestment of its entire 10 per cent stake in Dragon Land, is in the market for property with en-bloc potential in Balestier, Serangoon and
    356 words
  • Article
    Lock icon Investors association led by Clob group registered
    180 13 [SINGAPORE] The Securities Investors Association (Singapore) (SIAS) has been registered by the Singapore Registrar of Societies. The pro-tem committee, led by lawyer David Gerald Jeyasegaram, will hold a press conference tomorrow at 11am at the Westin Stamford's Orchard Room. Besides introducing the committee
    180 words
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      134 13 GIRARD-PERREGACIX poor FERRARI F 300 M v. X i i < II II F3OO, automatic chronograph. Steel with carbon fibre dial. Sapphire crystal, water-resistant to 30 metres. Also available in steel/gold and gold. GP Girard-Perreoaux Manufacture depcjis 1791 Exclusive Distributor: VvtZ^T^ BMI Pte Ltd '^§2^ Service Centre Showroom: 6B Orange
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  • COMPANIES
    • Article
      Lock icon Broking firms dangle 'specials' to woo Internet customers
      521 14  -  Deposit waivers, lucky draws and overseas trips among incentives By\ Siow Li Sen [SINGAPORE] With business in the stock market sizzling, brokers are cranking up their marketing to attract customers to their Internet business. After a rather tentative start late last year,
      521 words
    • Article, Illustration
      Lock icon CCL sees S-EA, Australasia driving growth
      312 14  -  By i Christopher Tan [SINGAPORE] Cycle Carriage will focus its growth in South-east Asia and Australasia, chairman Mohd Saleh Sulong said last night. Speaking at the group's 100 th anniversary dinner at the Ritz-Carlton, Mr Saleh said: "This will include expansion into the surrounding
      SIEW YAW HOONG  -  312 words
    • Article, Illustration
      Lock icon Poh Lian expects good returns from columbarium project
      394 14  -  By] David Boey [SINGAPORE] Poh Lian Holdings expects to reap good returns by 2001 from a recession proof, niche industry one that deals with death. The mainboard-listed construction and property company said yesterday that one of its units, Poh Lian Development Pte
      ARTHUR LEE  -  394 words
    • Article
      Lock icon CM Telecom net profit plummets 97%
      119 14 Bridge News {SINGAPORE] Singaporelisted but Hongkong-based CM Telecom yesterday reported a 97 per cent slump in profit after tax and minorities to HKS2.OS million (Ss4so million) for the financial year ended March 31. The company said it ex- pects a significant improvement in operating
      Bridge News  -  119 words
    • Article
      Lock icon DBS, OUB, OCBC Foreign up on liquidity-driven surge
      397 14  -  MARKET MOVES Compensation bines fadeaway; UOB shares fall By I Siow Li Sen [SINGAPORE] Investors yesterday shrugged off the compensation blues and chased up the Foreign shares of the local banks on a liquiditydriven surge of blue chips. DBS Foreign rose 60
      397 words
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      Lock icon IPC, Form trade sideways as punters look for direction
      485 14  -  Form expects more info on revamp, new investors in 1-2 mths By Audrey Tan, David Boey (SINGAPORE] Shares of beleaguered IPC Corp and Form Holdings were stuck in rangebound trade yesterday as punters digested the implications of recent statements concerning the
      Source: Bloomberg  -  485 words
    • Article, Illustration
      Lock icon FHTK up 11% on talk of FairPrice contract
      146 14 [SINGAPORE] The FHTK Holdings stock rose another 11 per cent yesterday to close at 60.5 cents the highest since late October 1997. The surge came on rumours that the fruit and vegetable wholesaler had secured a major contract from supermarket chain NTUC
      Source: Bloomberg  -  146 words
    • COMPANY Briefs
      • Article
        Lock icon Sushi Deli stake option for Boustead
        120 14 [SINGAPORE] Boustead Singapore has been granted a three-month option to buy a 70 per cent stake in Sushi Deli for $1.15 million. The option was granted by James Almunir Karsan, Choo Yuen Mei Ainon Yuen and Soh Chin Hua. In order to provide the
        120 words
      • Article
        Lock icon Nera Asa to be delisted
        59 14 [SINGAPORE] Nera Asa will be delisted from the Singapore stock exchange on June 30. Accordingly, trading in the company's shares had been suspended with effect from 11.26 am, yesterday. The SES said shareholders who wish to transfer their shares for trading on the Oslo Stock
        59 words
      • Article
        Lock icon Gudang Garam's Q1 profit up 65%
        116 14 Bloomberg [JAKARTA] PT Gudang Garam, Indonesia's biggest producer and distributor of cigarettes, said that its net profit rose 65 per cent in the first quarter of the year, as costs grew at a slower pace than sales, and net interest income rose. Net profit
        Bloomberg  -  116 words
      • Article
        Lock icon PSC explains price, volume rise
        69 14 [SINGAPORE] In response to queries from the Stock Exchange of Singapore, Provisions Suppliers Corp (PSC) yesterday said Wednesday's rise in its share price and trading volume was due to the disposal of 20 million shares by substantial shareholder PSC Holdings. On Wednesday, PSC Holdings sold
        69 words
      • Article
        Lock icon Hersing director cuts stake
        62 14 Reuters [SINGAPORE] Hersing Realty Ltd said yesterday its director Harry Chua Wah Eng had sold three million shares at 72 cents each. It said in a statement to the stock exchange that Mr Chua cut his stake in the firm to 79.21 per cent from 81.81
        Reuters  -  62 words
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  • REGIONAL COMPANIES
    • Article
      Lock icon AMMB suffers RM1.15b net loss after hefty RM2.1b provisions
      538 15  -  Results widely expected; analysts praise company for prndent policy From. Ruth Wong in Kuala Lumpur AMMB Holdings has posted its first but widely expected net loss 1.15 billion Malaysian ringgit (Sssl6 million) for the year ended March 31, 1999 after setting
      538 words
    • Article
      Lock icon AFP's Golden Agri aims to push ROE to 25%
      374 15 Company hopes to have its shares trading in Singapore by early July Bloomberg [SINGAPORE] Indonesia's Golden Agri-Resources Ltd, which supplies oil to McDonalds Corp, Nestle SA and Procter Gamble Co, said it aims to achieve a 25 per cent return on
      Bloomberg  -  374 words
    • Article
      Lock icon Indofood ends stake sale talks with San Miguel
      341 15 Bloomberg [JAKARTA] The majority shareholders of Indonesian noodle maker PT Indofood Sukses Makmur have called off talks to sell a stake to San Miguel Corp, the Philippines' largest brewer, a company director said. San Miguel wanted control of Indofood, a condition that
      Bloomberg  -  341 words
    • Article
      Lock icon Great Eagle to spend over HK$8.5b to develop Kowloon site
      333 15 Construction of hotel com retail project to start by year-end: chief executive Bloomberg [HONGKONG] Great Eagle Holdings Ltd, one of Hongkong's biggest commercial landlords, will invest more than HK$B.5 billion (Ssl.9 billion) to develop a site in the busy Mongkok
      Bloomberg  -  333 words
    • Article
      Lock icon Globe Telecom sees more revenue
      211 15 AFX-Asia [MANILA] Globe Telecom is expecting to earn 7,000-10,000 pesos (Ss3ls-Ss4sl) in fresh revenues a month from each of the 5,000 payphones it will install this year, company manager Tina Marie Ortiz said. It will be spending 285 million pesos for the payphone project. So
      AFX-Asia  -  211 words
    • Article, Illustration
      Lock icon News shareholders approve buyback deal
      291 15 Reuters [ADELAIDE] News Corp shareholders yesterday approved a US$l.4 billion (552.4 billion) share buyback as part of a deal for cable magnate John Malone's Liberty Media to take a large stake in Rupert Murdoch's global media group. The complex deal worth US$2.l billion will see
      Reuters  -  291 words
    • Article, Illustration
      Lock icon ASX strikes alliance with Nasdaq
      512 15 Joint venture allows companies to list on both exchanges Bloomberg, Reuters [SYDNEY] Australian Stock Exchange Ltd (ASX), which operates the nation's stock and equity derivatives exchanges, has formed a joint venture with US-based National Association of Securities Dealers that will allow companies from either country
      Bloomberg,; Reuters; FILE PHOTO  -  512 words
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      287 15 The Boston Consulting Group in Asia 1. i •£>'. M iiiimi i- 1 t if", f "Vi'frli jilWlMf- Ji iilii i. Business insight is the uncommon achievement of discovering the fulcrum of complex commercial issues. It is seeing the same situation that everyone else sees but distilling from it a
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  • REGIONAL/INTERNATIONAL COMPANIES
    • Article, Illustration
      Lock icon Fujitsu, Siemens venture aims to be No 3 worldwide
      411 16 50-50 PC tie-np is currently No 5 globally; will start operations Oct 1 Reuters, AFP, Bloomberg JAPAN'S Fujitsu Ltd and German industrial group Siemens AG have agreed to link their global computer businesses with the aim of becoming the world's third-largest
      Reuters,; AFP,; Bloomberg; AFP  -  411 words
    • Article
      Lock icon Unilever to revamp China units to tackle problems
      347 16 FT [SHANGHAI] Unilever plans to restructure its businesses in China to try to resolve cost and control problems that have dogged the consumer goods company's performance in the world's largest emerging market. The Anglo-Dutch group is seeking to reclaim full control of
      FT  -  347 words
    • Article
      Lock icon Edison plans to buy stake in Olivetti
      230 16 It aims also to have tie-op with Telecom Italia Bloomberg [ROME) Edison SpA, Italy's largest publicly traded electricity company, plans to buy a stake in Olivetti SpA and set up a cooperation agreement with Telecom Italia SpA, the nation's former phone monopoly acquired
      Bloomberg  -  230 words
    • Article
      Lock icon France Telecom close to selling unit
      274 16 Suez Lyonnaise, NC Nnmericable keen on its cable business Bloomberg [PARIS] France Telecom SA, France's biggest phone firm, said it's close to selling part of its cable television network to Suez Lyonnaise des Eaux SA and NC Numericable. "There are still issues, such as
      Bloomberg  -  274 words
    • Article
      Lock icon Arcadia goes shopping for Sears' stores
      200 16 Reuters [LONDON] British fashion retailer Arcadia Group pic yesterday revealed it was in talks with rival retailer Sears Ltd about buying Sears' wornenswear chains, including Wallis, Warehouse, Miss Selfridge and Richards. Sears itself was bought earlier this year for £548 million (Ssl.s billion) by
      Reuters  -  200 words
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      91 16 This announcement appears as a matter of record only. hi MILLENNIUM COPTHORNE HOTELS pic (Registered in England and Wales) S$ 1.5 BILLION ACQUISITION OF CDL HOTELS INTERNATIONAL'S ASIA PACIFIC HOTEL INTERESTS BY MILLENNIUM COPTHORNE HOTELS Financial Adviser ING At) BARINGS June 1999 This announcement appears as a matter of record
      91 words
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  • INTERNATIONAL COMPANIES
    • Article, Illustration
      Lock icon Aerospatiale, Lockheed in joint bid for Korean firm
      501 17 Korea Aerospace bid could be first of several ventures between the firms Bloomberg [PARIS] Lockheed Martin Corp and Aerospatiale Matra SA said they will bid jointly for part of a South Korean aerospace company, the first in what could be a wider
      Bloomberg; FILE PHOTO  -  501 words
    • Article
      Lock icon Bank of America, Merrill in merger talks: report
      374 17 Bridge News Bloomberg [NEW YORK] Talk is swirling financial markets that Bank of America and Merrill Lynch, leaders in their fields, have been talking about a possible merger, according to a column by equities commentator Dan Dorfman which appeared on the JagNotes.com
      Bridge News; Bloomberg  -  374 words
    • GLOBAL Briefs
      • Article
        Lock icon Principal set to buy Bankers Trust Aust
        57 17 Bloomberg [MELBOURNE] Principal International, a unit of the US' eighth-biggest life insurer, is set to buy Bankers Trust Australia from Deutsche Bank as soon as today, a person familiar with the agreement said. Analysts estimate Principal will pay about Asl.s billion (Ssl .68
        Bloomberg  -  57 words
      • Article
        Lock icon Sony sells music-licensing unit
        44 17 Bloomberg [CULVER CITY, California] Sony Corp's Sony Pictures Entertainment agreed to sell the music-licensing unit of its Sony Signatures subsidiary to Dell Furano, the division's president and chief executive, and Michael Minor, a private investor. Financial terms weren't disclosed. Bloomberg
        Bloomberg  -  44 words
      • Article
        Lock icon Paribas' Japanese operations punished
        53 17 AFP [TOKYO] Japan's financial watchdog yesterday punished the Japanese operations of France's Paribas Asset Management for unauthorised dealing. The Financial Supervisory Agency said it had forbidden the firm from concluding new contracts with clients for discretionary investment for one month from June 21, for breaking securities
        AFP  -  53 words
      • Article
        Lock icon IBM, TSMC favour strategic alliance
        51 17 AFX-Asia [TAIPEI] International Business Machine Corp said it and Taiwan Semiconductor Manufacturing Co Ltd (TSMC) are in talks for a strategic alliance. Citing IBM Taiwan general manager Peter Shen, the Economic Daily News said both entities are not competitors and IBM favours cooperation with TSMC
        AFX-Asia  -  51 words
    • Article, Illustration
      Lock icon Amazon.com makes US$45m investment in Sotheby's
      308 17 Battle with eßay Inc heats np for online auction business Reuters [NEW YORK] The world's No 1 Internet retailer Amazon.com Inc. said yesterday it is investing US$45 million (5576.7 million) in world-re-nowned auctioneer Sotheby's Holding's Inc and is creating a joint online auction service
      Reuters; REUTERS  -  308 words
    • Article
      Lock icon Fifth Third to buy CNB Bancshares for US$2.4b
      264 17 Bloomberg [CINCINNATI] Fifth Third Bancorp, the No 3 bank in Ohio, agreed on Wednesday to buy CNB Bancshares for about US$2.4 billion (Ss4.l billion) in stock to expand in neighbouring Indiana. Fifth Third agreed to pay 0.8825 share for each share of
      Bloomberg  -  264 words
    • Article
      Lock icon Compaq sees Q2 loss of up to 15 US cents per share
      363 17 It plans revamp amid pricing pressures and poor sales Reuters, Bloomberg [HOUSTON) Compaq Computer Corp said yesterday it expects a loss of up to 15 US cents per share for the second quarter and is moving to revamp
      Reuters,; Bloomberg  -  363 words
    • Article
      Lock icon Disney opens interactive theme park in Chicago
      330 17 AFP [CHICAGO] In a new concept in urban entertainment, the Walt Disney Co on Wednesday opened a five-storey indoor interactive theme park in Chicago which it hopes will attract more than three million visitors a year. Disney Quest, a 8,364 square metre blue
      AFP  -  330 words
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      900 17 Since 1828 BOUSTEAD SINGAPORE LIMITED (Incorporated in the Republic of Singapore) CLOSURE OF BOOKS FOR DETERMINING ENTITLEMENTS UNDER THE RIGHTS ISSUE NOTICE IS HEREBY GIVEN THAT the Transfer Books and the Register of Members of the Company will be closed from 6 July 1999 to 7 fcjly 1999, both dates
      900 words
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  • FINANCE & COMMODITIES
    • Article, Illustration
      Lock icon Deutsche Bank chairman, board members under probe
      541 18 They are suspected of abetting clients in tax evasion, German prosecutors say FT, NYT [FRANKFURT] Deutsche Bank's chairman, Rolf Breuer, and three other board members are being investigated on suspicion of abetting tax evasion, German prosecutors revealed on Wednesday. The Frankfurt prosecutor's office
      FT,; NYT; FILE PHOTO  -  541 words
    • Article
      Lock icon Asian energy demand to stay weak: BP Amoco
      388 18 AFP, Bloomberg [LONDON] Weak demand for energy in Asia, which contributed to a global decline in energy consumption last year, is likely to continue in years to come, BP Amoco predicted on Wednesday. Economic crisis in several Asian countries last year compounded
      AFP,; Bloomberg  -  388 words
    • Article
      Lock icon SocGen, Paribas lose fight to stop BNP's hostile bid
      297 18 Talk is that ÜBS could become involved in battle Bloomberg, Reuters [PARISJ Paribas SA and Societe Generale SA lost their lawsuit to stop Banque National de Paris SA's US$3B billion (5564.7 billion) hostile bid for them, freeing market regulators to set
      Bloomberg,; Reuters  -  297 words
    • Article
      Lock icon Visa, MasterCard let card issuers exert more influence
      494 18 US issuers raising fee for forex transactions Bloomberg [FOSTER CITY, California] Visa USA Inc and MasterCard International Inc, the world's two biggest creditcard brands, are giving up more control over the card products and services offered by banks. Visa two weeks ago
      Bloomberg  -  494 words
    • Article
      Lock icon Futures rise in line with Dow's rally
      137 19  -  STMFX Reports MS& Singapore Index Edward Cheung, Jardine Fleming THE MSCI Singapore Index traded higher yesterday, on the back of an overnight rally in the Dow following the release of benign US inflation data, which helped allay worries of an imminent US interest
      137 words
    • Article
      Lock icon Futures soar on heavy foreign stock buying
      204 19  -  BBSCI Taiwan ftitures Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract surged 14.2 points yesterday as strong overnight Nasdaq gains attracted foreign investors, who continued their heavy purchases in electronics and computer-related stocks. The Taiex rose 215.34
      204 words
    • Article
      Lock icon Oil prices up slightly, but stay well below 17-month peak
      313 19 ENERGY REPORT Reuters [LONDON] Oil prices made narrow gains yesterday but remained well down from Wednesday's 17-month peak amid lingering concerns about hefty US crude stocks. Brent blend crude for August delivery was 10 US cents higher at U5516.57 a
      Reuters  -  313 words
    • Article
      Lock icon CURRENCY REPORT
      302 19 Reuters London THE dollar came within half a cent of record highs against the euro yesterday, following bounding US asset markets after US Federal Reserve chairman Alan Greenspan indicated the need for a small rate rise. Mr Greenspan said the central bank needed to act "preemptively" to protect
      Reuters  -  302 words
    • Article, Illustration
      Lock icon Untitled
      1250 19 HTERBANK CROSS RATES AS cs »mb Euro Ffr Dm HKS Ind»«Bupnh Yen Won BM WZS P»> Bs Peso S$ Band Sfr m$ Baht Pound US$ Australia 0.961 6.178 0.638 4.185 1.248 5.116 28.457 47.946 0.792 7.694 2.506 1.228 34.235 24.896 1.124 4.015 1.018 21.335 24.332 0.414 0.660 Canada 1.041 5.698
      1,250 words
    • Article
      Lock icon Untitled
      1863 19 SI COM rUTUHES Juni7 RUBBER (futures closing is *t 5.30pm) RSS1 CONTRACTS centsAq) Close Volume Opm Month High Low Sett (tows) Interest Jut 99 104.00 104.00 104.25 100 400 A*} 99 105.50 105.50 105.75 100 300 Sep 99 108.75 500 Od/Dec 99 113.25 1200 J«t/Mar 00 118.00 300 Apr/Jun 00
      1,863 words
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      109 18 When the going gets tough, the toughest 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
      109 words
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  • Article, Illustration
    Lock icon HONGKONG
    1400 20 AFP P Hang Seng ****** HONGKONG share prices surged 1.9 per cent in pre-hol-iday trade yesterday on the back of a strong overnight showing on Wall Street, dealers said. "The market is reacting to overnight gains on Wall Street," said Sean Li, associate director at Amsteel Securities. The benchmark
    AFP  -  1,400 words
  • Article, Illustration
    Lock icon CHINA
    572 20 Reuters F1 Shenzhen B Index +108 SHENZHEN'S hard currency B shares ended a seesaw session with firm gains yesterday as a Communist Party newspaper editorial supportive of stockmarket strength continued to work its magic. The B share index rose 3.08 points, or 2.71 per cent, to 116.53 after gyrating
    Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  572 words
  • Article
    Lock icon TAIPEI
    337 20 AFP QWP Index +***** TAIWAN share prices soared 2.7 per cent yesterday to the highest level this year on strong buying of technology and financial stocks in the largest trading volume in 16 months, dealers said. The Taiwan Stock Exchange Weighted Price Index surged 215.34 points to 8,274.36 on
    AFP  -  337 words
  • Article
    Lock icon WORLD STOCK MARKETS
    2295 20 LOMIWH Intfastrials JUT NM 31 Group 732 -0.07 ADfcay National 12.86 -0.05 A 8 Food* 4.44 0.15 A 8 Ports 1.01 0.04 ANianca i Lakastar 9.13 0-34 Alliad Oomacq 6.04 -0.10 Alliad Zurich 7.75 -0.03 Anqlo AmaricanGold 43.70 unci) ASOA Croup 2.16 -0.01 Bonk of Scotland 9.08
    2,295 words
  • Article
    Lock icon TOKYO
    1638 20 AFP Q Nikkei 225 *260.27 TOKYO stocks roared to a 20-month high yesterday as foreign investors poured into the market after a sharp rally on Wall Street, brokers said. The Nikkei average of 225 selected issues rose 260.27 points or 1.5 per cent to close at 17,470.45, its highest
    AFP  -  1,638 words
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      29 20 m t- > > MW s»'. te .:.•<• V oaf Money Matters What's moving, who's moving it, why j£ H > fl J f: *f j v -w# M Every Wednesday in THEBUSINESSTIMES
      29 words
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  • KUALA LUMPUR STOCK MARKET
    • Article, Illustration
      Lock icon Shares slip amid profit-taking
      410 21 AFP Q Composite Index -4J2 MALAYSIAN share prices ended 0.5 per cent lower yesterday due to profit-taking. A dealer with a local brokerage said trading was heavy, reflecting intense retail participation as the general assembly of the ruling United Malays National Organisation (Umno) got under way.
      AFP  -  410 words
    • Article
      Lock icon Untitled
      8738 21 miiiihu Cmmmt pnMi Leet V* Dey Net Cap L f'1—l M« •OOP Hlfl> Low P/t $«B 380 255 Acoomoto 366 -2 4 370 360 23.3 149.2 "5 4* Angkasa 97 unch 295 K>3 97 (43.0 293 220 ApoMe Food Hlg 284 4 5 290 284 9.9 113.6 "5 1 997
      8,738 words
  • Page 21 Advertisements
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  • WARRANTS, OPTIONS & REGIONAL MARKETS
    • Article
      Lock icon AFP wrt: numbers not in its favour
      183 22  -  WARRANT WATCH -By R Sivanithy THANKS mainly to a fantastic run in US-dollar issues. Asia Food Properties (AFP) has more than trebled in price in just a couple of months. Also underpinning interest in the counter is the impending listing of its plantations
      183 words
    • Article
      Lock icon CLOB INTERNATIONAL
      226 22 HONGKONG STOCKS Gr C< 52-W* Lwt Vol Day Lut Quoit Dtv CNv VM N«t M Cap High U« Stno Company S«*a COOP) High S—f C'w P/t fry* 365 173 5123 CDC (2000) MK 330 -20 52 330 320 310 330 8 3.7 2 4 1L2 6389 4 5124
      226 words
    • Article
      Lock icon Untitled
      2318 22 BONOS, LOANS ft WAJtRANTS S2-Wk Last Vol Day Last Quota Avg Ml *> Low St no Company Salt *Of- COOO) High Low Buyer SMw Met 98.5 3 I 3160 'Acer W*****1 US$ 87.5 2.5 1491 95 86 eTs 88 69 4.5 s 3164 Acma ******4 65.5 *3.5 3397 69 65
      2,318 words
    • Article
      Lock icon WELLINGTON
      294 22 Reuters *8.48 ADVANCES amongst a handful of leaders lifted the New Zealand market slightly yesterday, but the performance was lacklustre compared to advances made elsewhere. The NZSE-40 Capital Index ended the day up 8.48 points or 0.4 per cent at 2,129.21. Reuters fW Advantage MOS 1.6fl -0.02 44 AtfNZA
      Reuters  -  294 words
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      Lock icon BANGKOK
      894 22 AFP SET Index *10.71 THAI share prices jumped 2.1 per cent yesterday but closed off their early highs in active trade spurred by gains on Wall Street, dealers said. The benchmark Stock Exchange of Thailand Index rose 10.71 points to 520.55, off a high of 523.69. Advancers led decliners
      AFP  -  894 words
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      Lock icon SEOUL
      401 22 AFP Composite Index +2.73 SOUTH Korean share prices inched up yesterday, with a late bout of profit-taking eroding earlier gains posted on Wall Street's strong showing, dealers said. Share prices opened higher, taking their lead from Wall Street's strength overnight. Foreign investors focused on blue chips after taking up
      AFP  -  401 words
    • Article
      Lock icon SYDNEY
      662 22 AFP NAD Ordinaries +38J AUSTRALIAN share prices gained 1.3 per cent yesterday as fears of a rate hike in the United States and Australia subsided, brokers said. The All Ordinaries Index gained 38.1 points to 2,980.30. The All Industrials Index surged 79.6 points to 5,213.00 while the All Resources
      AFP  -  662 words
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      Lock icon JAKARTA
      733 22 AFP F1 Composite Index +19.19 INDONESIAN share prices closed 2.9 per cent higher yesterday on Wall Street's sharp overnight gains amid positive first-quarter results posted by select large caps, dealers said. An analyst with Dongsuh Kolibindo Securities, Anwar Kasnowidjojo, said the main impetus for the market rise was the
      AFP  -  733 words
    • Article
      Lock icon MANILA
      313 22 AFX-Asia n Manila +26.78 PHILIPPINE share prices yesterday closed higher on easing concerns over the near-term direction of US interest rates, dealers said. The Philippine Stock Exchange Composite Index closed the day up 1.12 per cent or 26.78 points at 2,418.08 on volume of 5.23 billion shares worth 4.11
      AFX-Asia  -  313 words
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  • Article
    Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
    7232 23 Tninsacnor^at^^unn Or 6f M Wt Last Vs4 Day Lul Ouata IN* Dlv YM Nat Cap A»« wt 9» Lao StNa Company Sala COOP) High Law Buyar Sa6ar H C'vr HI tmU Prlca mUTHNOUSmY 163 17.5 m b 1000 Acma 50c 155 cd »3 3427
    7,232 words
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    Lock icon SESDAQ
    1462 23 or Sf m art S2-Wk LMt Vat Day Last Ouata Olv Mv VM Nat Cap Avg High Law StHa Campany tala COOP) Htgh Law Buyar Mar C'vt P/E >mlt Plica MANUFACTURING 148 30 C 2049 AS Auto K)C 137 *2 1099 139 134 136 137 IS N 7 LI
    1,462 words
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      72 23 Sot« Distributor Main Service Centre: Loo I fI6S T nMrLyMFG' THE SWATCH GROUP S.E.A. (S) PTE LTD. jj^ylN\Jlll HiO 438 A Alexandra Road #05-03/04 Alexandra Technopark .~m I Singapore *****7 Tel: *****88 Fax: *****96 $&B -I II If II I KjJET City Service Centra: #01 -23Plaza SingapuraTel: *****17 I I
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  • STOCK EXCHANGE OF SINGAPORE
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      Lock icon Untitled
      392 24 Stacks VOJmm Eagle Brand HWqs HK75c 106.000,000 ICT HKKk 86.792.000 Of agonland 10c 66.112.000 Ask FoodSProp 59,885.000 LRmAsiapac25c 59.467,000 WatiSlung HK50c 58,692.000 Hotung Inv NT5 54.017,000 Lian Beng 5c 52.289.000 Econ Intl 20c 50,604,000 *TanChonglnt50c 45,096,000 Starts •TanChonglnt50c 68,528,340 Asia Food&Prop 48,747,280 Eagle Brand Hldgs HK75c 45.526,685 Econ Intl 20c
      392 words
    • Article, Illustration
      Lock icon Blue chips get a shove from easing of US inflation worries
      631 24  -  STOCK MARKET COMMENTARY Bat the real action is in foreign-currency stock segments, with a clear preference for US$ shares By R Sivanithy AN easing of US inflationary worries helped stimulate demand for some local blue chips but the real
      631 words
    • ON THE GRAPEVINE
      • Article
        Lock icon Wind and water wait for no man
        170 24 AT the opening of Prudential Tower on Wednesday night Tan Suee Chieh, managing director (established markets) of Prudential Corporation Asia, thanked Minister for Health Lim Hng Kiang for taking the time to officiate at the event. According to the geomancers, the opening had
        170 words
      • Article
        Lock icon The youngest and also the oldest
        76 24 ALSO at the Prudential Tower opening, Prudential Corp group chief executive Peter Davis took the opportunity to congratulate Mark Tucker, Prudential Corporation Asia's chief executive, on two counts —for his appointment to the board and his recent marriage. Mr Davis also revealed that 41-year-old
        76 words
      • Article
        Lock icon Days of wine and chocs
        139 24 FIRST the French said chocolates are good for your sex life. Now the cocoa people say chocolates are actually good for your whole being. According to a book commissioned by the International Cocoa Organisation and the International Research and Education Foundation, chocolate does not affect
        139 words
    • Article, Illustration
      Lock icon HOT STOCK
      68 24  -  By Wong Wei Kong LION Asiapac shares rose 4.5 US cents to U550,375 yesterday with 59.5 million shares traded, compared with its 10-day traded average ot 16.2 million shares. The stock is at a new 52-week high but technical indicators such as the RSI, Stochastics and MACD charts
      68 words
  • Page 24 Advertisements
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      664 24 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OF LUTZE ASIA PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being voluntarily wound up,
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      346 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF TIMOTHY SEOW GROUP ARCHITECTS PTE LTD lIN CREDITORS VOLUNTARY LIQUIDATION) Extract of the minutes at an Extraordinary General Meeting of members of Timothy Seow CVoup Architects Pte Ltd convened and held at 8 Robinson Road #16-00
      346 words
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      403 24 Going to trade online? You need DBS investor Online! Simply the best research. Call 438-1188 today 88 PUS BANK IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF RAYHO TRANSPORT PTE LTD On Liquidation) Extract of the Minutes of an Extraordinary General Meeting of the
      403 words
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      499 24 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WATER TRENDS PTE LTD (PROVISIONAL LIQUIDATORS APPOINTED) STATUTORY DECLARATION BY DIRECTOR OF COMPANY'S INABILITY TO CONTINUE IN BUSINESS BY REASON OF ITS LIABILITIES Name of Company WATER TRENOS PTE LTD Company No *****/219 D The Registrar
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      457 24 THE COMPANY ACT, CAP. 50 ASAHI SHOSEN (S) PTE LTD (In Liquidation) At a general meetino of ASAHI SHOSEN PTE LTD duly convened and held on the 16th day of June, 1999 the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to section
      457 words
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      Lock icon Page 24 Advertisements Column 6
      273 24 THE STRAITS TIMES CLASSIFIED I I YOUR GUIDE TO MORE PRODUCTS SERVICES 23 I Buy m li ll Y/ IN THE MATTER Of THE COMPANIES ACT CAP 50 AND IN THE MATTER OF (l| LEOUAN CORPORATION PTE LTD (II) LEOUAN TRADING PTE LTD (IN MEMBERS VOLUNTARY UQUIDATION) (III) ANG PENG
      273 words
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      Lock icon Page 24 Advertisements Column 7
      609 24 VWV INTERACTIVE PTE LTD Noma; OF CTKrui mammai NOTICE IS HEREIY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING Of THE COMPANY DEEMED TO HAVE BEEN HELD PURSUANT TO SECTION 179(6) OF THE COMPANIES ACT (CAP 50) AT 66 KYALAMI BOULEVARD, KYALAMI BUSINESS PARK. I BRYANSTON 2021, SOUTH AFRICA ON THE
      609 words
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      315 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF INTERUTE SINGAPORE PTE LTD (In Members' Voluntary Liquidation) At an EXTRAORDMARY GENERAL MEETING of tie members ot INTERUTE SINGAPORE PTE LTD duly convened and held at Bfc 3006 Übi Road 1. •03-342 Sngapore *****0 on 18th
      315 words
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      242 25 Motoring Jaguar S-Type and Volvo SBO EL 3 M \J| iBf w®; 42wm SK^s^=gsgrjsff:aa;r?aa^^^^ At your service Once upon a time not so long ago, only pizza deliveiy men were willing to come to your home. Happily, things have changed. Nowadays you can always get folks to come round to
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      10 25 Epicure A little place 1 called Baden Baden EL 5
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  • EXECUTIVE Lifestyle
    • PERSPECTIVE
      • Article
        Lock icon Be nice to dad before the scientists take him away
        842 26  -  Off the Cliff With all this cloning business going on, have yon ever stopped to wonder if a day will come when there is no longer any need for fathers? by Jaime Ee THIS Sunday is Father's Day. Or at
        842 words
      • STRAWS In The Wind
        • Article
          Lock icon Family planning for cats
          44 26 YOU can learn a lot of things at courses offered by community centres. There's stuff like ballroom dancing, cooking, art and craft, but here's the latest thing that Tiong Bahru residents are being offered: "How To Manage Stray Cat Population".
          44 words
        • Article
          Lock icon What your boss won't tell yon
          63 26 WHAT do job ads really mean? Here are some insights: Competitive Salary: "We remain competitive by paying less than our competitors." Join Our Fast-Paced Company: "We have no time to train you." Must Be DeadlineOriented: "You'll be six months behind schedule on your first
          63 words
        • Article
          Lock icon Spelling out the truth
          38 26 EVER wondered what computer acronyms stand for? PCMCIA: People Can't Memorise Computer Industry Acronyms. ISDN: It Still Does Nothing. DOS: Defunct Operating System. CD-ROM: Consumer Device. Rendered Obsolete in Months. WWW: World Wide Wait.
          38 words
      • Article
        Lock icon Putting themselves at your service
        671 26 COVER STORY SO MUCH to do, and so little time to get it all done. That's the bane of modern living. But thanks to the New Age focus on leading meaningful, fulfilled lives, some of us have started to question our priorities. The idea of
        671 words
      • Article
        Lock icon Modern-day genies for your every need
        509 26 THE One Only Personal Secretariat promises to do "anything a personal secretary can do for you." In reality, One Only does that and more. The number of services listed by the company includes chauffeuring, collecting and sending things, queueing whether it is to pay
        509 words
      • Article, Illustration
        Lock icon Providing the right touch
        518 26 IT'S not just the mundane tasks that you can delegate. You can also pay someone to pamper you, your loved ones and your pets. Says Pearl Lim, groomer and owner of Pets 'N' Pedigree: "Ten years ago people would hesitate to pay for door-to-door pet grooming
        ARTHUR LEE  -  518 words
      • Article
        Lock icon A chef in your kitchen
        345 26 CULINARY consultant Devagi Sanmugam once had a client who put his chauffeur at her disposal when she went to give him private cooking lessons at home. Another client was so jittery about getting married and setting up home that she paid Ms Sanmugam to give
        345 words
      • Article
        Lock icon Odd job angels
        353 26 CAN'T assemble your idiotproof DIY shelves? Don't feel like scrubbing your loo? Not too worry. AU manner of domestic chores can now be outsourced with the minimum of fuss. Professional movers K C Dat also offers handyman services which range from putting up pictures to minor plumbing
        353 words
    • MOTORING
      • Article, Illustration
        Lock icon Two contenders from Ford
        1289 27  -  How do the Jaguar S-Type and Volvo SBO stack up against the established luxury choices? Christopher tar finds out CHRISTOPHER TAN THE TALE of how Jaguar and Volvo became part of Ford would not have been believable if told 20 years ago. Yet it has come
        CHRIS LOH  -  1,289 words
    • ENTERTAINMEMT
      • Article, Illustration
        Lock icon Unwrapping a pleasant surprise
        591 27  -  CINEMA The Mummy may not be a very scary movie, but it'll certainly keep yon in stitches By] Parvathi Nayar THAT The Mummy is actually a real entertaining film comes as a real surprise. With such a cheesy-sounding title, you do prepare for the worst. Unless
        591 words
      • Article, Illustration
        Lock icon WHAT'S ON
        417 28  -  Compiled by Parvathi Nayar MITB FESTIVAL Australian Ballet/SDT World-renowned Australian Ballet and the Singapore Dance Theatre come together to offer a triple bill of contemporary ballets. June 19-20, Bpm, Kallang Theatre. Tickets: $16, $22, $32, $42 Trisha Brown Company In MO, Canto/Pianto and If you couldn't see me,
        417 words
      • Article, Illustration
        Lock icon Striking a very different note
        807 28  -  NIGHTSPOT Brix, which has replaced Brannigan's, has a different clientele and the upscale atmosphere of a bar By. Parvathi Nayar The name derives from the building material used by Japanese design house Super Potato (who did up the chic mezza9) to decorate the bar. Brix
        SIEW YAW HOONG  -  807 words
    • EPICURE
      • Article, Illustration
        Lock icon The pleasures of simplicity
        783 29  -  You won't eat fancily at Baden Baden, but you'll certainly eat well, says jaime ee of this cosy German eatery JAIME EE IF YOU take Paulaner Brauhaus, remove its microbrewery, its German chefs and its fleet of well-schooled serving staff you may well have Baden Baden.
        SIEW YAW HOONG  -  783 words
      • Article
        Lock icon A pale shade of Thai
        431 29  -  ■RESTAURANT A little more zing is what's needed to whet the appetite at JaiThai By, Rahita Elias JAI THAI Restaurant is the latest food outlet to open its doors in Novena, an area which has seen a gastronomic boom since the Inland Revenue House was
        431 words
      • Article, Illustration
        Lock icon Whatever happened to white in Asia?
        933 29  -  WINE CONNOISSEUR Whether you're dining in Singapore or KL, Taipei on HK, red seems to be the wine of choice. A pity, as there are lots of lovely whites to be savoured By N K Yong I WAS the privileged guest at two dinners
        FILE PHOTO  -  933 words
      • Article
        Lock icon Go on the spice trail with Susur Lee
        358 29 CRAVINGS IS IT ALL hype or is the man really as talented as his fans claim? Food connoisseurs have been known to ask this about Susur Lee, culinary consultant to the Tung Lok Group. W ell, trite as it may sound, you
        358 words
      • Article, Illustration
        Lock icon Beethoven and beans
        123 29 NEVER figured out why you can't sight read to save your life? Or why you failed the audition J for the one solo part in your J school choir? If the folks at Spago, a cafe at Hotel I Rendezvous, are right, there W might be a
        123 words
      • Article, Illustration
        Lock icon Tantalising Tassie
        352 29 IF YOU'VE been to Tasmania and fallen in love with its abundant fresh produce, catch the last two days of the Tasmanian Promotion at the Raffles Courtyard of Raffles Hotel. Guest chef John Bailey and the team at Raffles have wisely chosen to let the famous oysters, mussels,
        352 words
      • Article, Illustration
        Lock icon Mother of all dumplings
        140 29  -  Compiled by Tan Su Yen IT'S THE middle of the year and the Chinese Dumpling Festival is rolling around again. But now that the hotels have got in on the act, dumpl ings I are getting fancier, bigger, and you guessed it... more expensive. And they
        140 words
    • Article, Illustration
      Lock icon CINEMA
      710 30 Analyze This. A shrink psychoanalyses a powerful mob boss. Starring Robert De Niro and Billy Crystal. Yishun, Marina. Austin Powers: The Spy Who Shagged Me. Mike Meyers returns with Heather Graham on his arm to spoof the world of spies. The sequel's title says it all. Previewing at Lido,
      710 words
    • Article
      Lock icon ENQUIRIES AND BOOKINGS
      117 30 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines 8 Tiong Bahru Yishun Overseas Movie Ctementi/Co'weaith 777-0669 Golden/New
      117 words
  • Page 26 Advertisements
  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      201 26 CRYPTIC CROSSWORD ACROSS k —k —vb: —BK the window (8,5) position II H B H Jm 91 love food, but am on drug |b j j j j^j 10 How eight may progress in 11 Natural protection for one's Suspicion about daughter's 23 Withdraw everything one Cliff rented to smuggler,
      201 words
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      126 28 Where to wine, dine and << mm m <^PN 76 Bra* Buah IW. Singapore *****8 Teli 338-8333 Fax: 339-6866 Wdvaite hop^/aww^irllaiMcajf "1 night of 1 great fun and |L J entertainment m jm at Cangtry's B ij Happy Hours H I 5 00pm B.oopm Daily jB <with complimentary snacks) 'Live'band
      126 words
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      Lock icon Page 28 Advertisements Column 2
      54 28 available for private parties company dinner and dance conference seminar and meeting. HOTEL ORAND CENTRAL UMTED 22 Orchard Road/Cavonagh Road, Singapore *****7 Tat 737 9944 Fax: 733 3175 H Advertise in Wine, Dine Entertain of The Business Times. Contact Jennifer Ng 740 1581, Raymond Scah 740 1260 or Shirley Lee
      54 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 3
      113 28 LEVEL s\fy SPFriAI WEEKEND BUFFET Come and celebrate the weekend with a delicious buffet spread of local 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 SIS W CHILD SI2BO- WITH FREE FLOW OF FRESH
      113 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 4
      137 28 Honour Dad this Father's Day at the Grand Plaza Parkroyal. Strolling musicians will serenade each table. Children under 12 can join an essay-writing contest on "Why My Dad is the Best Dad in the WorkT. Sc. Gregory's Brasserie Seafood Lunch Dinner Buffet Lunch: $26 (Adult) $15 (Child) Dinner $30 (Adult)
      137 words
    • Advertisement
      Lock icon Page 28 Advertisements Column 5
      170 28 TScdlrowti "Dancing^ AT THE NEPTUNE Set your nigbt on fire. Tango, Waltz, or Rock Roll every Wednesday nigbt as you dine on our seafood senings uitb a complimentary glass of V wine and stand a chance to win attractive prizes u>eekly. Every Wednesday, 7pm lam Pricing: $30 nett per person
      170 words
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  • Page 30 Miscellaneous
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 1
      2212 30 TODAY'S TV a VIEWING Preadar# 12 1-30 in Conversation. 2.30 PM TV Innovations. 2- 00 News Day. Two stars at her habit again tocoach a JS Dragon Adven- hISI group of nuns in a choral tures. 6.03 In Conversation, a crossroads competition. 5.30 Barney And Friends. Little Bear 7.30 Asian
      2,212 words
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  • Page 31 Advertisements
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      Lock icon Page 31 Advertisements Column 1
      114 31 SIEMENS instabus. The simplest, most intelligent and convenient way to manage every electrical function in your home. hmA i ftk. L•: **v fe, ■>•* HHwiA; s \9|^H:-. r-; I <^-,:- V»Mfce f Kjl tW |nfl v <£m IK instabus. The future of home automation is here today. Control your electrical
      114 words
  • EXECUTIVE MONEY
    • TRENDS
      • Article, Illustration
        Lock icon Chipping in to make you feel more at home
        1037 31  -  Fancy a house with a brain that you can give instructions to over the phone, and which can alert you about a break-in even when you are overseas? David boot finds out how you can get it all wired up to
        ARTHUR LEE  -  1,037 words
    • RESIDENTIAL PROPERTY
      • Article
        Lock icon House Hunt
        932 32 Property transactions for districts 15 and 16 (sectors 42 to 45 and 46 to 46) lodged between May 17 and Jun 14. PROJECT NAME, PROP CONTRACT TENURE BULT-W PRtt PSF STREET NAME TYPE DATE LANOAREA* (SQFT) (SJ'OOO) (SS) Districts 15 Amber Park Apt 25/04/99 FH 1184 1744 679
        932 words
      • Article, Illustration
        Lock icon From hotels to homes
        1281 32  -  All eyes are on residential units to emerge from where some hotels are now sitting, amg wan mat reports ANG WAN MAY AN estimated 1,500 residential units are going to come up on several prime sites where familiar hotels now sit. The amount of saleable floor
        FILE PHOTOS  -  1,281 words
    • PERSONAL FINANCE
      • Article
        Lock icon Hotels bank on cards for loyalty
        790 33  -  There's no such thing as a free lunch but a hotel loyalty programme can mean some savings for those who dine out regularly, reports rahxta RAHITA ELIAS THE telephone rings and a voice at the other end says: "Hello, Mr Tan. My name is
        790 words
      • Article, Illustration
        Lock icon Enter a world of privileges
        997 33 Programme Club at the Hyatt Dine-amlcs Card One First Choice Shangri-La Club Starwood Platinum Privilege Transferable? No No No No Yes Yes Annual fee $340 $388 $375 $330 $428 $388 $188 supplementary Dining benefits One meal free when One meal free when One meal free
        997 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Reforms will drive N Asian growth
        1330 34  -  While South Korea and Taiwan continue to post strong recovery following the crisis, the future is murkier for Japan, says kevin orxce KEVIN GRICE The writer is senior economist at American Express Bank in London TWO of North Asia's top three economies, Korea and
        FILE PHOTO  -  1,330 words
      • Article, Illustration
        Lock icon Hi-tech ATMs: Cash with a wink of an eye
        662 34  -  Diebold unveils new possibilities with next-generation cash machines By Clarissa Tan THE eyes, as we all know, are the mirrors of the soul. In Texas, USA, they are also your passport to withdraw cash from certain ATMs. These are iris-recognition ATMs,
        FILE PHOTO  -  662 words
      • Article, Illustration
        Lock icon Gaining from investment insurance
        899 35  -  THE FDIER POZMT In terms of returns, investment-linked plans beat traditional policies easily but investors need to do their homework carefully By Genevieve Cua IF you subscribe to an investment-linked insurance plan investing mainly in stocks you would have stood by in frustration as Asia's financial
        899 words
      • Article, Illustration
        Lock icon Getting beyond hype for i-One
        704 35  -  Despite calling a 'subscribe' on firm's IPO, analysts are less certain abont how long its opening premiums can be sustained By, Jennifer Lien WHAT does an analyst do with a printing company which, having wet its feet in the Internet, launches a "tech-stock" IPO, says
        CHRIS LOH  -  704 words
      • Article
        Lock icon Spreading eggs among different baskets
        683 35  -  Equities are not the only game in town and effective asset allocation can reduce investors'risks By\ Mark Hulbert AN unfortunate consequence of the long bull market in stocks is that investors are paying precious little attention to asset allocation the division of their holdings between
        683 words
    • Article
      Lock icon ACU DEPOSIT RATES Offered by various banks (as at June 16, 1999)
      1402 35 OipwK amount 1-mth 3-nHti Smith Deport amount 1-mth 3-mth t-mtt DBS Bank ■■K HSBC At A$ S10,000 A24.999 ***** 4 2500 4 3900 25,000 74,999 3 6875 3 8125 4 1875 A25.000 A49.999 4.2100 4 2700 4.4100 75.000-
      1,402 words
    • SMART MONEY
      • Article, Illustration
        Lock icon Let the pros manage your money
        1332 36  -  With unit trusts, the tedium of tracking markets is left in the hands of fund managers. Clarissa tam looks at the different funds available CLARISSA TAN HAS there possibly been a sexier word in the financial world than "fund manager" in the past 10
        FILE PHOTO  -  1,332 words
      • Article
        Lock icon All you need to know
        652 36 These are some questions we've received following last week's feature, "Building up a dream businessanswered by a panel of experts from Keppel Tat Lee Bank. Do keep your questions and feedback coming! Ql: Is factoring the same as accounts receivable financing? Are they applicable to
        652 words
    • UNIT TRUSTS
      • Article
        Lock icon Go global or bet on EU properties?
        472 37 Of 2 property funds here, Henderson is classed as one for investors with higher risk appetite WHEN it comes to a unit trust investing in property stocks, should you go global or take a bet on a regional play in Europe? The decision
        472 words
      • Article
        Lock icon THE UNIT TRUST SCORE BOARD
        420 37 UMTTRUBT/8ECT0R(6 MONTHS: 30N0NM-1UUNM) CHANGE BENCHMARK CHANGE Top 10 funds 1 OCBC Savers Korea/ Korea EQ 110.26 Korea SE Com 108.11 2 Tempieton IF KorearV Korea EQ 98.5 Korea SE Com 108.11 3 Aberdeen Spore Growth/ Singapore cQ 94.8 Spore ST 45.92 4 Rve Arrows SEA
        420 words
      • Article, Illustration
        Lock icon A piece of foreign property
        680 37  -  Funds investing in properly stocks are an affordable way to venture into properly abroad, says Genevieve cua GENEVIEVE CUA IF you seek an exposure to overseas property, but don't have the deep pockets to buy a home or commercial building, a unit trust investing in
        SIEW YAW HOONG  -  680 words
    • Article, Illustration
      Lock icon The skies over Asia are clearing
      940 38  -  The latest Taylor Nelson Sofres poll, a barometer on investor sentiment in Asia, suggests that financial analysts and fund managers have put the economic crisis behind them and are more optimistic about the region's future. XaOtns beckeruqvo has the details of the survey LOUIS
      PHOTO BY SIEW YAW HOONG BAROMETERS COURTESY OF MOTION SMITH; Source: Taylor Nelson Sotres  -  940 words
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      45 32 "S I C=l C=D CD C=Z) —ny □y y /.>Home. D tinancinq Since 1950 f Hotline: *****68 J«r .Id «1 4k ft. '8 b] SINGAPURA BUILDING SOCIETY LTD Ang Mo Kio 458-4222 Beach Road 292-1459 Bedok 445-8011 Bukit Timah 467-1916 East Coast 348-8262 Serangoon 299-8855
      45 words
    • Advertisement
      Lock icon Page 32 Advertisements Column 2
      63 32 Mortgagee's Sale by Tender Freehold Industrial Building At 38/38 A Jalan Pemimpin j 2-storey factory with adjoining y 8-storcy flatted factory Prominently located along Jalan Pemimpin off Marymount Road 1 SitC arca a PP rox 44,520 sq ft 1 Total strata arca approx 75.961 sq ft M Zorud Industry* with
      63 words
    • Advertisement
      Lock icon Page 32 Advertisements Column 3
      211 32 For Sale By Tender investment Sales Hotel Development at 41 Bencoolen Street 14-storey hotel with 7/ 213 rooms; total floor area of 70,469 sq ft Freehold; Site area 1 13,166 sq ft pl «oyten»n Abon Proximity to Orchard H W Road shopping belt Jr\ and the Civic |£Mi Cultural District
      211 words
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      Lock icon Page 36 Advertisements Column 1
      201 36 Manufacturing output greui a robust 6.5 per cent in the first quarter of this year. Electronic mas up 14 per cent, uihile the chemical sector greui 11.6 per cent. The key to sustaining and surpassing this positiue growth is inuesting in the right people with the right skills and aptitude.
      201 words
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      Lock icon Page 36 Advertisements Column 2
      210 36 brought to you by Tat Lee Bank Give us your feedback and win a wristwatch \f A T The above article is the eleventh of a 13-week This exclusive Keppel v educational series on personal finance. We would like to Tat Lee Bank wristwatch will hear your views on the
      210 words
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      424 37 FIVE ARROWS SOUTHEAST ASIA SPECIAL SITUATIONS TRUST Managed by ROTHSCHILD ASSET MANAGEMENT (SINGAPORE) LIMITED can sense it all around you. Signs that the The Five Arrows Southeast Asia Special Situations Trust, managed by Rothschild Asset Management (Singapore) Limited, aims to take advantage of special situations created by the recovery. Investing
      424 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      159 39 Bridge News, Reuters THE rate for a Pamjnax grain cargo on the US Gulf to Japan run has slipped 25 cents to US$l6, according to unconfirmed reports. There continues to be talk that July will see more grain cargoes from the US Gulf than some people expect. TANKER&
      Bridge News,; Reuters  -  159 words
    • Article
      Lock icon MARITIME STOCKS
      272 39 as mmmmmm Jmlt *f- ¥M CWT Distribution 157 0.01 487 ChuanHup 123 0.02 T123 Cotco Invastmant 117 unch 271 FraMlt Links 0.40 001 ***** GBHoMngS 1.03 0.01 436 Hal Sun Hup 0.86 0.02 1022 IMC HoMnp-HK 5.60 unch 0 JayaHaMtags 114 0.01 5124 Jurong Shipyard a JO -0.05
      272 words
    • Article
      Lock icon Ship operating costs seen rising faster than freights
      381 39  -  Manning, finance and port costs all set for an increase np to 2003: report By\ Marcus Hand [SINGAPORE] Ship operating costs are expected to rise faster than freight rates over the next few years, putting a financial squeeze on shipping companies, according
      381 words
    • Article
      Lock icon Judge sends clear message on arrests of vessels
      856 39  -  ADMIRALTY CASEBOOK By! Selva Kumar HIGH court judge G P Selvam has sent a clear and unequivocal message to anyone intending to arrest a vessel act fast without abusing your powers and provide all information in good faith or risk having the
      856 words
    • Article, Illustration
      Lock icon Maersk upgrades fleet, seen buying Sea-Land
      482 39 Reuters [COPENHAGEN] Maersk Line, the world's leading container shipping operator, said on Wednesday it placed orders for five big container ships, a move which analysts said signalled confidence in a turnaround for container shipping. "They have a strong belief in the market," said a
      Reuters; FILE PHOTO  -  482 words
    • Article
      Lock icon Net transmission of shipping papers to TDB
      201 39 [SINGAPORE] Shipping agents can now submit the Manifest Reconciliation Statement (MRS) for sea shipments via the Internet to the Singapore Trade Development Board (TDB). Besides being operational round the clock, the system automatically processes and provides instant acknowledgement upon receipt of each submission.
      201 words
    • Article, Illustration
      Lock icon Chance to sail at a bargain
      989 40 MILLENNIUM CRUISES Weak demand just before and after Y2K has led lines to offer special deals for Christmas and early January Los Angeles Times LOOKING for another reason to stay home this New Year's Eve? Start with this one: While most cruise lines are
      Los Angeles Times; FILE PHOTO  -  989 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      348 40 PACE FoongSun 8 ANL 3 Frota Accord 8 Frt Links 14 Ahrenkiel 14 c L nk Appenship 5 6 AASCO 12 Genshpg 14 Austral 8 lof Nav W Avant 14 Goodrich Mtm 5 B'tang Mas 8 HaiSunHup 12 BSA 7 Han 9'' 7 BTL 14 Hanjtn 3
      348 words
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      Lock icon SHIPPING GUIDE
      20514 47 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number IHMMHIMBMHMMNMHHMMHHnMMMMMMMMMMMMMMI MHHHHMHHNMMMMHNMMHHMMHIHHMMMMMMMMMMMNHMMHMNHMi T ADln 4kJ D TO BURNIE (BUR) 2061 Australia TO ABIDJAN (ABJ) 2003 Cote D Ivolrc 02/07 B/07 Hyundai MM
      20,514 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        672 53 "•ml Voy No Berth Arrival Departure Jaraag Port •attfem 041 JK/17 alongside M.06/0200 IT C* Mr*3 *****9 Jl alongside M 06/2359 i Eipress 602/99 J12 Hongs* 18 06/0800 >oM TiftMY V4 J7/8 alongside 18 06/1700 lnWransMOO PCK09 JK alongside 18.06/0600 4arco«oto6 16-99 JM alongside 18 06/0300 Kalimantan 05/99
        672 words
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        Lock icon CONTAINER SCHEDULES
        1846 53 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls SMp Voy No Etb/Btr P»rtod From To From JkMfW Ml 8/2230 U 17/1500 17/85* 17/800 8 17/800 17/85* 17/800 2A 17/1700 8/065* WMO a 17/1700 a/otn a/0900 ic» Jan mm *****0 a nmtx vnuT nmoo 17/800 17/1659 17/800
        1,846 words
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        Lock icon GLOBAL HOLIDAYS
        186 53 Jan 18 Hong Kong: Tuen Ng Day. Jan 26 Finland: Midsummer Eve Holiday. Jon 28 Indonesia: Mouloud Prophet's Birthday. Brunei: Maulud. Finland: Midsummer Day Holiday. Jon 30 Brunei: Half Year Bank Closing. Jail Canada: Canada Day. Jol 14 France: National Day. Jol IS Brunei: HM The Sultan's Birthday.
        186 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        771 53 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on average sized stem. Market movements are indi cated. The Cockett Bunker Price Index
        771 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        477 53 Carton 180 Mai 990.3 10 18.7 0.10 73 0.06 Density Water As* ktumMvm Sediment No above £25 0 0 10 0 0 0 380 Ave 986.4 0J 132 0.06 37 0.02 Eiim 380 Mai 992.5 0.9 19.2 0.09 90 0.06 WW* »v/v %vu mi No joov,
        477 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Embraer steals limelight from Boeing and Airbus
        435 54 PARIS AIR SHOW Brazilian jet maker clinches USs6.6b out of USsl7b orders signed so far Reuters [LE BOURGET, France] As the world's top two jet makers Airbus Industrie and Boeing Co slugged it out at the Paris Air Show, they found the limelight
        Reuters  -  435 words
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        Lock icon Boeing bullish on 777X demand
        426 54 Reuters [LE BOURGET, France] Boeing Co on Wednesday issued a bullish demand forecast for its proposed 777 X, a super-long-range model that would have just two gigantic engines. "We see certainly somewhere over five or six hundred airplanes in that market place," said Joseph Ozimek,
        Reuters  -  426 words
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        Lock icon BMW Rolls-Royce signs China supply contract
        129 54 AFX-Asia [DAHLEWITZ, Germany] Aero engine maker BMW Rolls-Royce pic said it has signed a long-term contract covering the supply of engine parts from China National Aero Technology International Supply Corp and Liming Engine Manufacturing Corp in China. In a statement, BMW Rolls-Royce said that
        AFX-Asia  -  129 words
      • Article
        Lock icon BA chief slams Aussie airline ownership rules
        290 54 AFP [SYDNEY] British Airways pic chairman Lord Marshall blasted Australia's new airline regulations in remarks published yesterday, saying they discriminated against Qantas Airways Ltd, which is 25 per cent owned by BA. Earlier this month Prime Minister John Howard's government gave foreign airlines
        AFP  -  290 words
      • Article, Illustration
        Lock icon GM's drive for success in China
        83 54 (SHANGHAI]^i Chinese model posing with a Buick sedan manufactured by Shanghai General Motors, a venture between the US car giant and Shanghai Automotive Industry Corp, at the Shanghai Motor Show on Wednesday. General Motors expects China s new automotive loans to fuel its sales
        REUTERS  -  83 words
      • Article
        Lock icon EU car recycling law in doubt
        459 54 Car makers making last-ditch lobbying against legislation Reuters [BRUSSELS] Car manufacturers launched a last-ditch effort to persuade European Union governments to rethink a planned law on car recycling, putting agreement on the proposals next week in doubt, EU officials said on Wednesday. "We are
        Reuters  -  459 words
      • Article
        Lock icon Haste urged in open sky deal
        262 54 Reuters [LONDON] US Airways Group Inc urged on Wednesday the British and US governments to reach a deal on long-running aviation trade talks within the next few months or risk losing the chance for several years. "If an agreement is not reached within the
        Reuters  -  262 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1907 54 an nww m ruan n» 5*973 0945 so 326 0950 tMMt **8230 1850 LH786 1605 LH787 2350 LH6381 1850 N245M 1605 N***** 2350 S0230 1850 S***** 1605 S***** 2350 1*7309 2120 U*373 2355 0f9 2120 2355 AjRsttrtfM S023 0705 *1844 0040 HMwM S«W> IMS HHP MPS
        1,907 words
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      85 39 Mlllcnninm cruises: Chance to sail at a bargain Weak demand just before and after Y2K has led lines to offer special deals Page 2 Built With You In Mind« That's What You Can Expect As Malaysia's Technologically Superior Port Phases To Premier Soon. PTP Port of Tan J'ung Pelepas m
      85 words
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      21 39 Embraer steals limelight from Boeing and Airbus Brazilian jet maker clinches USs6.6b out of USsl7b orders signed so far Back Page
      21 words
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      1202 40 I NORTH AMERICA 1 1 EXPORT 1 I OTHER DESTINATIONS I SSX -.SUPER SHUTTLE E3q»«ESS DIRECT TO LA WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) w* basm roai mas Houston oocago an*row wocoarr ytssa vot. "soT rraunm kajutu muotßco towno wcahma hbmvwtmu one masm nisi* b/m b/m m/ 07 ii7i7
      1,202 words
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      802 40 /Co*'o\ Lines services represented MQH?) by Members of the Registry of Accredited Shipping Agents 2/ Singapore Shipping Association ft Members of the 9 af-1 Singapore Freight Forwarders Si|U Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "TBN" ETA SIN 26/06/99 BOOKINGS CALL MONKA/JUUA
      802 words
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      1138 41 TO EUROPE FROM EUROPE wssa VOT ~mT m w hhi w sou mIB I [rasa yot 1m AM ham wv sou FIT uh sw NYMGMCSS 310W 21/06 M/ 07 10/07 13/0707/07 HYEMPOOB 31K 17/05 21/05 01/0* 26/05 19/0* APIAUMMDRC 30VW 24/0* 17/07 14/07 15/07 I J/07 U LOSE 5271 30/05
      1,138 words
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      1884 41 ®Cltt«MT WvKI HtrtK 1 HANJIN SHIPPING ML %-1 t My* Low -S*s *****30 HAIUM SHtffWG (5) PTI LIP >■*» aw MOtHIt *****3S TV WIS *****74 DOCUMtUT *****71 2/4 OftUDOlft ********** IMB UW *****45 FA* 272*960 CI NO **********QM TO NW USA CANADA USA CANADA" IMVV/VOY I«• I imhau/vot I—hTl n»
      1,884 words
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      431 41 FULLY COMTAINHISIP PIPICATIP SIKVICIS aa 'wt sjh mwsmwia in nr vlssa""' B EI 5 mmm m bm_ m_ nm vm mm ma jgSn jfc ff SSm— MKBUM WIS 25/ M 02/07 04/07 04/07 07/07 ifUQ (UL KM ITS' KMTCULSAII WIS Eg P/g| M" 1&--§&-15%-nff(«aiW6 WIS 27/04 21/04 WW 30/04 04/07
      431 words
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      1502 42 DSR-SENATOR LINES TO UK/CONTTNBNT TOMEDITCRRANEANCANADA «twa WW Ml l£H HTM *WR jgg MV HJt gMM. WW Ml BIT S« TO MX WW nuanEHMTY man mm 10 v mot mot mot hot uhdoh senator wki »m hot dot isot 17 ot sot OOYMBATUS WHRt 22 M MOT MOT 11OT HOT 13OT
      1,502 words
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      1020 42 am MAC-HELS S'MM M'SIA I Carrier: RON CONTR LINES, INC P. GUOANG: (07) *****26 I I J QR NOc 1200S7S0000E SIBU: (084)*****9 MAMLA. (632) *****24 V PENANG: (04) *****36 BANGKOK: (662) *****51 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21)*****07 MON: (61) *****3 KUCHMG (082) *****1-3 I CALL US
      1,020 words
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      709 42 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Vessel S PORE N SHEVA COLOMBO PKLANG CAPE CANAVERAL VIB7W 21 JUN 20 JUN M JUL 11 JUL TULSIOAS VllO 20 JUN H JUL 13 JUL 11 JUL MAS TlfiA 117W 05 JUL 13 JUL 21 JUL 25 JUL CAPE CANAVERAL V 100W 12 JUL
      709 words
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      1513 43 VESSEL VOV KHH HKG SIN PKG PQB DXB DMM IBA I BIK IRAN BAABAEI PCL-5107 16/06 18/06 22/06 23/06 02/07 03/07 04/07 06/07 08/07 IRAN TAKHTI PCL-5108 23/06 25/06 29/06 30/06 09/07 10/07 11/07 13/07 15/07 IRAN TABATABAEI PCL-5109 30/06 02/07 06/07 07/07 16/07 17/07 18/07 19/07 21/07 IRAN LORESTAN
      1,513 words
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      1652 43 Weekly Direct Calls to Kobe (6 Days), Nagoya (7 Days) Tokyo (I Days) I 80 ROI,NSON RD HL 226 1900 FAX: *****08 OUTWARD (l/L) *****02 JOHORE OFFICE: I IOIIM SNlfflNv PTE IID #12-00 SAI.ES/MGS *****57/60 INWARD OEPT (D/ 0) *****8S COSTAR AGENCIES (Ml SDN BHD C O VEWTIOWiU T/SHPMT PERT
      1,652 words
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      692 43 ■■|hm CHINA SHIPPING (GROUP) COMPANY |M CHINA SHIPPING CONTAINER LINES CO., LTD. 1 FAR EAST EUROPE FULL CONTAINER EXPRESS SERVICE WESTBOUND (FIXED WEEKLY SERVICES VSt VOY XGG QIN SHA HKG SPOKE RTM HAM FXT HQ] SkJjffl QajliD LLJua 14 Jun 17iun 07 Jul 08 Jul 10 Jul MARE lONIUM 9901
      692 words
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      1427 44 I EUROPEAiK/SCAWDIMAVIA/FIWLAND/RUSSIA I SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP I I nintuaXSS? mm if« 13/07 14/07 15/07 16/07 E ROUNO RE 037 1111)6 03/06 02/06 04/06 06/06 25/06 26/06 I MW BW-W6 26,06 15*7 21/07 17/07 19/07 20/07 21/07 E RESULT RE-025
      1,427 words
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      1505 44 PACIFIC INTERNATIONAL LINES (PTE) LTD I WBS? M 140 Cectl Street, #03-00 PIL Building, Singapore *****0. CR NO **********06 II* 1 YOT mls* I w STP mMi lit am mm km lUNGA TERATAI2 245 17/t 19/t 30/*#7/ 4/7 fiTTi iiT? iTTT IOIA PMWKA PWRO33 19/6 JF7* &7 t 1 JTI
      1,505 words
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      432 45 mm MYANMA wBBk FIVE STAR LINE (Myoanar National Llm) loading for Yangon (Rangoon) VESSEL VOY SIN PKI PIN PGU MAWUMYINE S4W SIB SAGAING 60W SU> MAUYSIA AGENTS: lOUSTEAD SHIPPING AGE NOES "UL m (03) *****00 PKL m (03) *****01 PEN: m (04)2****** PGU: Ttt (07)*****21/4 121 bank line (A service
      432 words
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      1369 45 HYUNDAI MERCHANT MARINE CO., LTD. IVBSR VOY aT"I SOU I LBI I RTB I ANTj HAM IWV I ffl I [rasa VOT|SOU|LBI|KIM|AHTIHAMIORV| EEL I SM HYADMRAL 320W 17/06 05/07 10/07 07/07 01/07 Ml BUTE 01X 21/05 29/05 23/05 25/05 U/06 MX CORAL OOOW 11/06 09/07 10/07 04/07 06/07 HYOARON 3191
      1,369 words
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      1093 45 V "ojwegon specialized autocar ners Gte^(oj(§ Wilhelmsen Lines TO NORTH AND LATIN AMERICA "RORO HfcAVYLIFT SERVICE" [VESSEL VOT RAMP HEIGHT SIW I LAX I CRL MIA SAV BAL ORF NYC NEW MOB TAMPERE F913 400 TOM 6.3 M 77/06 26/07 03/01 06/08 08/08 10/ OS 11/08 13/08 17/08 19/08 TIXAS
      1,093 words
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      800 46 BAHOKOK/MAP TA PHUT/LAEM CHABANQ JAKARTA/PAN JANQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN MATHU BHUM 419N 19/06 23/06 22/06 GURU BHUM ***** In Pt 20/06 XETHA BHUM" 288N 20/06 23/06 24/06 AKA BHUM 348S 19/08 23/06 CHANA BHUM« 75N 22/06 2S/06 ANRO JAVAKARTA' 092 19/06 22/06
      800 words
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      30 46 ShippingTimks -Business Centre Find out more about advertising that delivers your business facts through the fax. Your 24-hour round-the-clock instant info access centre to shipping services and products CALL: 740-2044
      30 words
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      424 46 f^BBS INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINER SERVICE 0 #si m «T stp Imlma 1 Am |wi" win ic u/tiyw nm nm nm n/y u/v muwi jos_ \i/un/u v/u n/w ts/v m/v n/w wnw m v/v m/w n/v u/i7 MBTBWfg |M& |oi/07MOT!11 /V lfc/«/11^/»7] n/07p>/»y| FEEDER SERVICE TO
      424 words
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      706 46 VFSSFIS VOY SX PKL JED MLA LEH HTM HAM ZEE SOT W-LE DC TANYA T32W 21/06 22/06 01/07 06/07 11/07 13/07 14/07 16/07 17/07 VK-LE OE TAURUS A32W 28/06 30/06 09X07 14/07 19/07 21/07 22/07 24/07 25/07 W-LE D 1 AQUARIUS U32W 06/07 06/07 15/07 20/07 2STO7 27/07 26*07 30/07
      706 words
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      33 47 New Advertisers/Services/Agencies NEW SERVICE TO: Refer To Pg 6 jfl Richfield Marine Jgj Agencies (S) Pte Ltd NEW GUINEA PACIFIC LINE Our Schedules Are On Pg 5 H SWIRE SHIPPING AGENCIES PTE LTD.
      33 words
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      30 47 JEBEL ALI PORT SAID BENGHAZI TRIPOLI TUNIS ALGIERS CASABLANCA Turn To 14 EVERY MON/WED/FRI) I Oceanus Shipping Agency NEW SERVICE FROM ASIA TO PACIFIC NORTH WEST Pg 7 BARWIL AGENCIES
      30 words
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      50 49 ATTENTION TO ALL USERS OF SHIPPING TIMES FAX-ON-DEMAND (FOD) SYSTEM WHO ENCOUNTERED PROBLEMS IN THE LAST WEEK WE APOLOGISE FOR ANY INCONVENIENCES AS THE SYSTEM HAD EXPERIENCED TECHNICAL DIFFICULTIES. OUR VENDORS ARE WORKING TO RESTORE ITS PROPER FUNCTIONING AS SOON AS POSSIBLE. WE SEEK YOUR KIND UNDERSTANDING ON THIS MATTER.
      50 words
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      170 50 Mltroi OtSJL LfaeiXtd 0 FROM: U.K./ CONTINENT/ MIDDLE EAST TO: FAR EAST tUKOrt jcKVIU TAW SKN KKU TMA VESSEL/VOY SIN LAEMCHABANG HANU HONGKONG KEELUHG RUIIN STELLA V3IA 24/07 27/07 30/07 jSoSI/WT/fURHWG/AinWRP MEMA VI7B 03 08 07/08 09/08 MALAYSIA HSH (M) SON IHO TAWAU CATMCOM RBGHT SVCS PORT KHANG AGENT: SUNSHP
      170 words
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      220 50 .I.i'M ii^^grfTTTTftTTnTfTTTMTryy^lT^Mß I SHIPPING LINE 11 .111 |1 111 i BlVl fill' -II Ik n ill I LIBYA TOBRUQ BENGHAZI MISURATA TRIPOLI luuJ yissamwl gg sin wg dm frmi ham* dati to» 'k» |«b tii lAAIAEI 5107 SffOAUST M 77/0* 73/0* 03 07 SATUI 05/07 15/07 17/07 IVO7 70/07 mwn
      220 words
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      185 50 ESP LINES wimr la tun ra sinvia mm fu east BB OUTTAGONG. MAMAS lANGCOK, HOIK KONG HAMUtG ROTTBtMM KMIAY, COIOMIO JAKARTA, MAMLA AKTWHtP, FEJXSTOWI (AICBTTA NO (Hi —Mggg REGULAR CONTAINERISED INDONESIAN SERVICE |yßsa/voTA« srotT jut su» ire sw S (Amun W U/M 70/06 73/06 ftMIAI I /003S-03S 77/06 75/06 S
      185 words
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      664 51 n SAMUDERA SHIPPING LINE LTD 72 Ansoh Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL; *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****11 (IMPORT STATUS) TLX: R*****0 BOOKIMSSCALI DIRECT LIME: 535 6266 Cell«/J>»«ica/Mei Chan/Jeslynn/Pora/lwy/Hanim WjliW'M'ffl I 8 SLGS/WEEK EVERY 4 DAYS VESSEL VOY MN TjAK LAWANTI 336
      664 words
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      791 51 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO M RSL_ PPG CMO OOM MAI nn OIF 1 SAY I NfW jam uny NOKHOtA«/0452 12/0* 10/04 It/0* 20/0* 10/07 Q5/Q7 17/07 7Q/Q, 17/0t W/0> Jt/ot u/ot w/Q/ »/g Itm 21/8/ nm n/97 jzfcjjfciSSjisfSgg Sff gszlg 9lzlj yyiQ 13/10 1,/10 n/lc .HOIGtHHKL^
      791 words
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      101 51 SHIPPING •WAREHOUSING ■MliM lotam: Singapore I xiading Duly Man lo Sal (BATAMINDO l/TO) Auccpong KTX\mvo«jonal/Pm)cct/Heavy Lift Cjrpo Reefer Container lintaa Singapwv leading Mon. Wed &Hn (BATAMINDO IT) Auxpang K"! A i invent*nal/Pn>fect Heavy Ijft Gap) Tel: 227 0322 Fu: 222 9330 BitaMo Stripping I Woffco»»hig Pt« Ltd W-il 'l»|l|l OMOM
      101 words
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      646 51 rrrg Singapore Soviet Shipping CPL a No lOOSO6OOOOON k\Yl Mdtiine Shipping PL W33J (*W»WS^y) aital67S79W)ooC VESSEL VOY SIN BOM PNG PKL KEDAH 131N 23/06 3<VO6 TBA 11/07 KOTA RUKUN RKNO4I 29/06 06/07 TBA 17/07 KOTA RATU RTUO49 05/07 12/07 TBA 23/07 VESSEL VOY m CALCUTTA SHT" KOTA PETANI PTNO33 21-22/06
      646 words
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      599 52 11 j vessel voy sin maa sin I TIGER PEARL 716N 17-17/06 22 2M)6 30-01/07 I I TIGER SEA 717N 20-21/06 26 29/06 03-0407 I TIGER BAY 718N 2324/06 2&01AJ7 0&07/07 I TIGER ISLAND 719N 26-27/06 02A&07 I TIGER PEARL 720N 30-01/07 0&06/07 13-14/07 I TIGER SEA 721N 03<HP7 09-12/07
      599 words
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      965 52 J%. 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
      965 words
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      1098 52 OOCL (Singapore Pte Ltd CFS KeppeJ Distrpk 65 CMm Sf OCK Ctr #42-00 *****13 It 513 #01-128 *«rW inc VV aMO lU7S7MOOOH 1* 272 7827 fof booHmg T«t *****83 F«u 438 2964 Fu: 272 7825 t ewomv omfv r (Malaysia) Sdn Bhd (Reg No: *****2-U) raff PfIAIING JAY* W: 03-756
      1,098 words
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      179 52 FULL CONTAINER SERVICE SIN PASIR GUDANG SIN DAILY SAILINGS I VESSEL I VOY ETA PG MY VOY ETA SN DAY wm 0064S IMH/W IFWI 0064 M 19/06/99 (SAT) PROGRESS MOg 19/P6/99 fS«J) 1006 M 20/06/99 (SUW) PHOCWESS ***** 20/06/99 (SUN) 1009W 21/06/99 (MOW) 0065S 21/06/99 (MOW) 0065N 22/06/99 fnjQ PROGRESS
      179 words
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  • Page 53 Miscellaneous
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      Lock icon Page 53 Miscellaneous Column 1
      106 53 LEGEND: Thunderstorm Temperoture *q V Show*r Weother Wr>d direction with speed m knots Rom Cloudy Sky Wowe height Surface winds ore mdicoted by orrows whwh fly with rite wind One Ml cird. represents calm or Ught ond vowtt. wnds W One ho« Heche represents 5 knots L_» One hA Heche
      106 words
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      198 54 INFORMAL RATE AGREEMENT (IRA) SINGAPORE TO MIDDLE EAST TRADE RATE RESTORATION ON 15 JULY 1999 Arising from a recent review, the Member Lines of the Informal Rate Agreement (IRA) have agreed to implement a Rate Restoration of USD 150/300 per *****' with effect from 15 July 1999. The increase will
      198 words