The Business Times, 13 July 1999

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Total Pages: 42
1 42 The Business Times
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  • Title Section
    Lock icon Masthead
    12 1 THE BUSINESS TIMES MITA 85c SINGAPORE Internet: http://business-times.asial.com.sg/ TUESDAY, JULY 13, 1999
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  • Article
    Lock icon MARKET SUMMARY
    70 1 □m 2M&78 (+17.15) PI""® 1 U ***** (+5.84) □smsci FUTURES 216.40 (+5.50) fT MARKET MOOR u Diwi STOCK KA1KET DfDICES Monday Change KLSE COMP 861.49 -0.18 NIKKEI 18J74.18__+»6.46 HANO SENQ .14,061.84 -160.73 SET INDEX 61L87 +129 JAKARTA COMP __66J.1I +6.48 MANILA COMP —2,606.21 +1149 TAIPEI WPI 8.463.90 -8637
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  • Article
    Lock icon FINANCE
    80 1 FOREX RATES us* s$ USI 1.198 £(US$/S$ per 1.564 1638 EU1)0(US$/S$ per E) 1411 1.726 D* UK 0882 YEN 1222 1J90* RM 3.800 0.447 HKS 7.760 0110 BAHT 2711 0046 RUP1AH 6,630 0.026 St to 100 units PUKE RATES SINGAPORE* 5.80 KUALA LUMPUR 7.25 JAKARTA 40.00 BANGKOK 10.00 MANILA
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  • Article, Illustration
    Lock icon Wall Chang to regroup Banyan under Laguna arm
    489 1  -  Lagnnatopay3.6b baht, creating Thailand's largest tonrism group Zf Marissa Chew [SINGAPORE] The Wah Chang Group run by businessman Ho Kwon Ping will consolidate its well-known Banyan Tree business under its Thailand-listed Laguna Resorts and Hotels (LRH) to create a major regional hotel
    489 words
  • Article, Illustration
    Lock icon Hsien Yang: SingTel has been a consistent performer
    606 1  -  Sing Tel chief refntes suggestion that stock has done poorly since listing in 1993 Catherine Ong [SINGAPORE] The president of Singapore Telecommunications Ltd has dismissed suggestions that the company's stock has performed unspectacularly over the years, noting that it has weathered the
    Source:  -  606 words
  • Article
    Lock icon Sesdaq dives 8% on forced selling
    193 1  -  Ry 1 R Sivanithy [SINGAPORE] The Singapore stock market came under renewed forced selling pressure yesterday after a mild rebound late last week, with the UOB Sesdaq Index of secondliners diving 8 per cent to 164. The Straits Times Index, which rose 17.15 points
    193 words
  • Article
    Lock icon BOT nationalises Nakornthon Bank, scraps Stanchart deal
    857 1  -  Analysts see move aimed at extracting a better price from foreign investors From Harish Mehta in Bangkok THE Bank of Thailand (BOT) yesterday nationalised Nakornthon Bank in a new twist to the crippled bank's saga after turning down a takeover bid by Britain's
    857 words
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      158 1 DBTOE Bb Woe ale pbumed More residential land is being freed up through collective sales, the latest being the 24-unit Naga Court at the junction of Bukit Timah Road and Keng Chin Road. The owners are hoping to get about $71.5 million for the freehold site, Pg3 Interbank rate at
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      11 1 Sing Tel surge* 5.5% on buyback and dividend news, Pg 19
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      51 1 The Bodyguard This watch doesn't exactly grab your attention immediately, but it's not called the Bodyguard for nothing. Find out why in the Time Movement supplement on July 15. BT's review of the latest and the f best from the x k world of a h watchmakers. Market reports, Pgs
      51 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon KL foreign minister sticks to official line on Clob
      576 2  -  Solution to package of bilateral issues still a long way off, he says Yang Razali Kassim THE Clob issue was not far behind him when Malaysian Foreign Minister Syed Hamid Syed Jaafar Albar began his two-day visit to Singapore yesterday. But
      576 words
    • Article, Illustration
      Lock icon Simex shouldn't have let me in: Leeson
      612 2  -  S'pore regulators failed to make basic checks, he says From Neil Behrmann in London NEWLY released from jail in Singapore, rogue derivatives trader Nick Leeson says in his newspaper story that the Singapore International Monetary Exchange (Simex) should never have allowed him to
      FILE PHOTO  -  612 words
    • Article
      Lock icon Credit Suisse goes under one roof
      205 2 THE Credit Suisse group in Singapore is bringing together all its operations, now spread over three locations, at One Raffles Link. It will take up 100,000 sq ft of space. Some 540 people in the investment banking division Credit Suisse First Boston, and 110
      205 words
    • Article
      Lock icon Book SIA flights through the Internet
      285 2 SINGAPORE Airlines' passengers can now book their flights via the Internet, with the launch of the carrier's SQeTravel product today. Huang Cheng Eng. senior vice-president for marketing planning, told reporters yesterday that SIA was investing some $5 million in the system over the next
      285 words
    • Article, Illustration
      Lock icon Number of bankrupts still rising
      265 2  -  ETC ON THE ECONOMY Insolvency By. Eugene Low DESPITE signs that the economic recovery is under way, the number of bankruptcy petitions filed during the first six months of the year rose to 2,240 some 35 per cent more than the same peri- od last
      Source: The Supreme Court  -  265 words
    • Article
      Lock icon Demand for JTC land, flatted factories improves in Q2
      399 2  -  Byi Corinne Kerk DEMAND for some of Jurong Town Corporation's industrial facilities improved in the second quarter of this year. According to the JTC, net allocation of industrial land and flatted factory space was positive in Q2 after one quarter and
      399 words
    • Article, Illustration
      Lock icon Naga Court owners could get $72m in en bloc sale
      460 3  -  Project on freehold 49,000 sq ft site can yield 90 apartment units By. Ang Wan May MORE residential land is being freed up through collective sales, the latest being the 24-unit Naga Court at the junction of Bukit Timah Road
      CHRIS LOH  -  460 words
    • Article
      Lock icon Admiralty site goes for $38m
      142 3 THE Urban Redevelopment Authority (URA) has awarded the 64,600 sq m industrial site at Admiralty Road West to the highest tenderer. Construction companies Sim Lian Holdings and Yee Hong had put in the top bid of $38.24 million, or $22 per sq ft, of potential
      142 words
    • Article
      Lock icon Expose broking firms if they're guilty
      290 3  -  MAXLBA6 Serene Leong Singapore via Internet I APPLAUD your reporters' efforts in highlighting market talk about an ongoing investigation by the Stock Exchange of Singapore into the trading activities of broking firms acting in concert with one another to create panic selling leading to
      290 words
    • Article
      Lock icon Land Office: no talks on Pasir Ris site since '96
      97 3  -  Gaw Seng Suan Ag Dy Commissioner of Lands for Commissioner of Lands Land Office Ministry of Law PLEASE refer to your article entitled "City Dev, Land Office step up talks over Pasir Ris site" (BT, July 5). It is not
      97 words
    • Article
      Lock icon Carissa Park's $650 psf units only 36% sold over weekend
      360 3  -  More than half of freehold 80-unit The Aston expected to be sold at launch i Marissa Chew PRICES at Carissa Park may have finally hit a barrier as response to the last units, going for $650 per sq ft, was
      360 words
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      160 2 Focus on Clob, Pg 5 C Castle Group Business Information Specialists TheßusinessTimes JT REFORMASI: Indonesia's Election r *irawinnnHfiiiiiannrrivfy f KEYNOTE ADDRESS: DR. AMIEN RAIS Chairman of the National Mandate Party Former Chairman of the Muhammadiyah Moslem Organization^ SPEAKERS: MARK BAIRD Indonesia Country Director, World Bank V DEWI FORTUNA ANWAR Special
      160 words
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      341 2 V "Ranked Among UK's First Division Universities, 1999" g 'piattA Hull MBA The First MBA in Singapore to introduce innovative modules such as: System Thinking (1989), TQM (1991) and 96th lnt3K6 /^Tc«cc^\ Entrepreneurship (1992) •18 months only; 100% in sorting w«J u 1..L 'oo 1 Singapore Over 1000 Alumni in
      341 words
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      19 3 btletter@sph.com.sg •Tung Centre •Parkway Parade •A-Z Building For details, please contact owner: Tel: *37 6853 437 6872 534 3132
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      526 3 The power behind the ones and zeroes. As an effective business tool, technology is only as powerful as the people who harness it. We would like to thank the following speakers, all acclaimed technology experts in their own right, for their support in making the 2nd Merrill Lynch Asia Pacific
      526 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Ong Beng Seng, the hunter, finds himself stalked
      773 4  -  THE PROPERTY COLUMN Are Quek Leng Chan and Kwek Leng Beng teaming up to snare Hotel Prop? KU Lee Han Shih IS Hong Leong Malaysia stalking Hotel Properties Ltd (HPL)? And is Hong Leong Singapore helping its sister firm? Put another way,
      773 words
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      415 4 30% retention of this brand new flatted factory/ warehouse development Net strata area: approx. 185,000 sq.ft. Straight 60-year lease (no land rent) Prime location at Kaki Bukit Attractive returns 9 to 12% gross yield potential Good capital appreciation potential Expected T.O.P: 4th Quarter 1999 Tender closing date: 3 August 1999,
      415 words
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      270 4 COLLECTIVE SALE BY TENDER PRIME RESIDENTIAL SITE DUCHESS PARK o£/ tat** /%/f 77 T\ Site Area Approx. 57,244 sq. ft. /7 Tenure 999 years lj Plot Ratio/Height Control: 1.4 Up to 4 storeys TOP SCHOOLS VERY EXCLUSIVE. 5 minutes walk to Bukit Timah Road, Htghsch Coronation Plaza, Nanyang Primary SUBJECTSchooI
      270 words
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      301 4 Land area: 157,000 sq. ft. Tender closing date: Built up area: 152,000 sq. ft. 1 o~ tember 1999 Lease terms: 30 +30 years from JTC w.e.f 1996 1 beplemDer iayy (wea),at4pm Fully air-conditioned *****009/*****852 2 cargo lifts Complete with high tension switchgear, Dl water system and cleanroom facilities r~ST IFOR
      301 words
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  • FOCUS ON GLOB
    • Article, Illustration
      Lock icon KLSE to respond to SES' Clob proposal soon
      576 5  -  ELSE chairman says government measures have restored confidence hYom Eddie Toh in Kuala Lumpur THE Kuala Lumpur Stock Exchange will respond "soon" to the Stock Exchange of Singapore plan for a staggered release of frozen shares previously traded on Clob International, its
      FILE PHOTO  -  576 words
    • Article
      Lock icon Give the background on Clob:KLSE
      1303 5 LETTER TO THE EDITOR WE noted the article titled "S'pore taking legal advice on Clob shares: BG Lee" featured in The Business Times on July 9. The article quoted Singapore Deputy Prime Minister Lee Hsien Loong, in an interview with Financial Times, as follows: ♦We
      1,303 words
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      87 5 wjuiT TJJui T I ITF campaign vessel highlights unsavoury side of shipping V i Ssswss s~s£l i IfR OmA If 1 ««.2rir^ —-i~f ■?i!rrrTj!r. > TT! f ■Jsrri^ er T2?2!te** mb HH V V I ssmssmk SSSsSSS H |fe 1 IP 1 i d~s£'£~~ tatatry ku not, by itoett, ben
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      451 5 v &GOLFwith pleasure Meetings should always be fun and pleasurable. At Hainan Mandarin, we've just the package for you! t% USDI6O* Nett Per Person June 1 November 30, 1999 3Days/2Nights' Superior Room accommodation Half day use of Meeting Room with one Coffee One round of golf at Tai Dah Golf
      451 words
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  • ASIA OH THE MEND
    • Article, Illustration
      Lock icon Social safety nets vital in a crisis: Nobel Laureate
      619 6  -  Democracy also essential to protect vulnerable groups; economist By Vikram Khanna [SINGAPORE] The Asian crisis underlines the need for countries in the region to install social safety nets, Nobel Prize-winning economist Amartya Sen said yesterday. The crisis has shown that despite
      JEROME MING/ST  -  619 words
    • Article
      Lock icon China's 1999 GDP to grow by up to 8%: Dai
      433 6 Reuters, AFP [BEIJING] China's economy is expected to grow by up to 8 per cent in the first half of this year, central bank governor Dai Xianglong was quoted yesterday as saying. "The gross domestic product growth is forecast to
      Reuters,; AFP  -  433 words
    • IN Brief
      • Article
        Lock icon HK business confidence up
        160 6 AFP [HONGKONG] Business confidence Is improving in recession-hit Hongkong, according to survey findings published yesterday, with 52.4 per cent of respondent companies expecting an improvement in the economic outlook in the next two quarters. The survey, carried out by the South China Morning Post daily and
        AFP  -  160 words
      • Article
        Lock icon Indon central bank names its No 2
        76 6 Bloomberg [JAKARTA] Indonesia's Parliament named Anwar Nasution, dean of economics at the University of Indonesia, to the new post of senior deputy governor of the central bank. The Parliament's speaker Ismail Hasan Metareum said the term for Mr Nasution, who was selected for
        Bloomberg  -  76 words
      • Article
        Lock icon Indon net forex reserves at US$16.4b
        74 6 AFP [JAKARTA] Indonesia's net foreign exchange reserves slid slightly to U5516,388 billion (5527.8 billion) on July 7, down from U5516,414 billion a week earlier, the central Bank Indonesia said yesterday. The bank attributed the decline to the repayment of foreign debt. Gross foreign reserves
        AFP  -  74 words
      • Article
        Lock icon Thailand expects 4% export growth
        87 6 Bloomberg [BANGKOK] Thailand's exports will achieve its original target of 4 per cent growth this year as demand for automotive and electronics pick up in the region, said Deputy Prime Minister Supachai Panitchpakdi. Mr Supachai, who is also the Commerce Minister, confirmed reports that exports
        Bloomberg  -  87 words
    • Article
      Lock icon Malaysian Q2 GDP likely to grow 2%, says Dr M
      436 6  -  No revision to 1% forecast due to external risks, says Mustapa From Ruth Wong in Kuala Lumpur MALAYSIA'S gross domestic product is likely to grow 2 per cent in the second quarter as the economic slump has bottomed out, Prime
      436 words
    • Article
      Lock icon Mustapa denies central bank chief is quitting
      120 6 Reuter [KUALA LUMPUR] A Malaysian minister yesterday dismissed market speculation that the chief of the central bank would be replaced and that he would take over as president and chief executive of Petronas. "Those are just rumours," Second Finance Minister Mustapa Mohamad told
      Reuter  -  120 words
    • Article, Illustration
      Lock icon Yuan rate set by market: central banker
      228 6 AFP [SHANGHAI] China's central bank governor Dai Xianglong yesterday fended off questions whether his Asian counterparts had sought reassurances against a yuan devaluation, saying the currency's rate was fixed by market forces. "The exchange rate of the renminbi (yuan) is determined by the
      AFP  -  228 words
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      721 6 li C.K.TANG il Incorporated in the Republic of Singapore) REMINDER EXPIRY OF C. K. TANG LIMITED WARRANTS 99 IMPORTANT NOTICE To: Holders of C. K. Tang Limited Warrants to Subscribe for Shares expiring on 16 August 1999 ('Warrants 99*) This is an important notice which requires your immediate action. Holders
      721 words
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      31 6 Classified First. Want to get a laptop? Or simply get computer savvy Log on to the best site: Check The Straits Times Classified First. CATA Buy It. Sell It. Find It.
      31 words
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      103 7 K'#*E- -T„ .v.; v r: £&*&'>;-* ijl- f :--V" !"Y «w. -.Jx\- \£i;s v > *Jg >W*? «#s&,t;-, **»> O" V- > V •>•?-■ J7 J****-.. -trtr SeR "'■> f' '•>-- «<* .5 -v 4&J&* y: ,C J*"', 'z* *> uy-- v 'r-v- ':>/»•/;.* >• v 'H 4 It i
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      29 8 ,I ""V-* V'£-' v WIIL i j|Xn nif {&fc* ITji' V ift>ifc^ifa"h<ii> ;;#;V: <i -**&ae»?,.-t>il^„,«» fr*r'/- Ml |I|*" -aJ.. *?'f-~ iF- «««L .;?&£s££..-"iWfc*~«_ „< 1 mm ji^ji]jg. 1 pp»s'^ ,j^h *-•--<••
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      216 9 8k- <*=- *E&W~ V _;i Jjfcjg|iW|M J "7 *£V "■'"%s ;>- v > v \'3gsP W-»«'.: 1 v <r i" 1 -'<-"• >- When it comes to investment choices, it's difficult to see the wood for the trees. There are hundreds of investment products available, each claiming to be the
      216 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon HK, Taiwan, China in Net portal tie-up
      320 10 BEIJING AFP INTERNET service providers in Hongkong, Taiwan and China have launched an alliance of Greater China portals in a bid to kick-start the nascent Internet industry, company officials say. "Our vision, quite simply, is to make this Greater China Portal Alliance (GCPA)
      AFP  -  320 words
    • Article
      Lock icon Chinese shift big sums of savings into stocks
      395 10 SHANGHAI Sadden drop in deposits inflicts liquidity crunch on commercial banks AFP LAST month's record-shat-tering stockmarket surge prompted China's consumers to shift 100 billion yuan (5520.4 billion) from bank savings to stocks, an official daily said yesterday, quoting estimates from banking industry
      AFP  -  395 words
    • Article
      Lock icon New rules may lift China resale housing market
      300 10  -  Govt promoting secondary housing market to raise consumer spending From, David Murphy in Beijing CHINA'S nascent resale housing market is to receive a boost with the introduction of a batch of regulations in the next two months. The new rules will be
      300 words
    • Article
      Lock icon GDE may be liquidated: report
      264 10 HONGKONG Reuters, Bloomberg CHINA'S Guangdong provincial government sent a report to central authorities last week that said Guangdong Enterprises (GDE) might have to be liquidated, a Hongkong newspaper reported yesterday. The Sing Too Daily said, citing an unidentified Guangdong source, the Guangdong government told the
      Reuters,; Bloomberg  -  264 words
    • Article
      Lock icon Taiwan to scrap 'one China' doctrine
      170 10 TAIPEI Reuters TAIWAN said yesterday it would scrap the "one China" doctrine that has been the basis for wary talks with communist China. Beijing reacted by issuing a stern warning that stopped short of threatening to invade the island. "We again sternly warn (Taiwan
      Reuters  -  170 words
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      78 10 Back To ornamentation the from John Kelly human whether it's sleeping in beds, working at desks, eating from table tops or sitting in From the J1 Series to the latest N (nu) range, with John Kelly, it's all about the fundamentals: design, craftsmanship, timelessness. Elements you'll find at The Signature
      78 words
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      293 11 IF YOU WANT TO BE A MILLIONAIRE, START INVESTING LIKE ONE. Personal Portfolio Fund Investing like a millionaire means getting personal investment service and active management With Personal Portfolio Fund, your portfolio will be actively managed by the fund managers of your investments by investment specialists. a HSBC Asset Management
      293 words
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  • ASIA
    • Article, Illustration
      Lock icon India, Pakistan markets surge as fighting ends
      558 12 BOMBAY Indian army remains on alert in Kashmir despite pullout by Islamic infiltrators Reuters, AFP FINANCIAL markets in India and Pakistan shot higher yesterday as guns fell silent across the Kashmir border for the first time in two months and militants began withdrawing
      Reuters,; AFP; REUTERS  -  558 words
    • Article
      Lock icon Probe into chaebol-managed investment funds
      344 12 SEOUL Support of weak units may be delaying reforms Bloomberg, AFP SOUTH Korea said it will probe investment funds managed by its five biggest business groups to determine whether their financial support of weak units is delaying government-mandated corporate reform. "With the non-bank financial arms
      Bloomberg,; AFP  -  344 words
    • Article
      Lock icon Govt pledges help to Pusan, base of Samsung Motor
      367 12 SEOUL Move to limit damage of firm's receivership Bloomberg THE South Korean government says it will provide tax breaks and other financial support to companies in Pusan, where Samsung Motor Inc is based, to limit the effects of the debt-ridden automaker's
      Bloomberg  -  367 words
    • Article
      Lock icon Pakistan to phase out bank lottery schemes
      290 12 KARACHI AFP PAKISTAN will phase out "un-Islamic" lotteries run by banks which offer new depositors prizes, officials say. They said the central State Bank of Pakistan had decided to scrap the lotteries, introduced a year ago. The move was linked to concerns that
      AFP  -  290 words
    • Article, Illustration
      Lock icon Strong economy to boost A$ 5% this year: Merrill
      418 13 CANBERRA Report cites Asian recovery and likely improvement in industrial and base metal prices Reuters AUSTRALIA'S solid economic fundamentals and improved prospects for Asia should boost the Australian dollar more than 5 per cent by year's end, influential US investment house
      Reuters; Source: Bloomberg  -  418 words
    • Article, Illustration
      Lock icon Brand-name goods still hot in recession-hit Japan
      435 13 BEIJING Reuters IN Japan, it takes more than mere economic troubles to quench the nation's fervour for brand-name goods. Despite the prolonged recession and limp consumer spending which analysts say may persist despite recent favourable economic data expensive brand-name goods still sell briskly.
      Reuters; REUTERS  -  435 words
    • Article
      Lock icon Soft NZ dollar seen only as first aid for exports
      224 13 WELLINGTON Real cure will come if commodity prices rise: economist Reuters THE prevailing soft Kiwi dollar may be just the tonic New Zealand needs to lift its sluggish export sector, but only a convincing global commodity price rebound will be
      Reuters  -  224 words
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      66 12 Built To Last History A small, solid brass plate tastened onto every piece furniture Sable On we engrave information made room to about you and why you space for three owners after you to do the same. Think eventually become you as consider them The Store. Where every as you
      66 words
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      54 13 TheßusinessTimes SINGAPORE MOVEMENT ALL THAT'S NEW IN THE WORLD OF WATCHES a BT 16-page special supplement JULY 15 BT is sold at: SPH Stop Press Kiosks BP Caltex Esso Mobil Shell SPC Carrefour Cold Storage 7 Eleven NTUC Fair Price NTUC Food Fare Shop N Save Tops Borders Selected Guardian
      54 words
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      445 13 USQ if ■■■inij -J AUSTRALIA sth Intake: Oct *99 Specialisation B ft Marketing H Project Management General Management Information Systems Doctor of Business Administration Human Resource Management USQ students enjoy excellent graduate placement (ratio 5 out of 5) as reflected in the 'Good Universities Guide to Australian Universities' USQ is
      445 words
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  • THE WORLD
    • Article
      Lock icon BIS urges caution on global economic outlook
      554 14 SHANGHAI World's central bankers call on Japan, Asia to forge ahead with reforms AFP THE world's leading central bank governors called for caution on the global economic outlook yesterday despite signs of improvement, and urged Japan and its Asian neighbours to forge ahead
      AFP  -  554 words
    • Article, Illustration
      Lock icon Orangeboy
      47 14 [PORTADOWN, Northern Ireland] A young boy wearing the sash of the local Orange Order lodge beating a drum in front of the Orange Order march here yesterday. Around 5,000 Orangemen marched through Portadown town centre to commemorate the Battle of the Boyne in July 1690. REUTERS
      REUTERS  -  47 words
    • Article
      Lock icon Europe on the verge of Internet boom: report
      420 14 FRANKFURT Lessons learned in the US come handy for .com companies Reuters EUROPE is on the verge of repeating the Internet boom that transformed the US economy in the last five years, according to a report by US brokerage house Morgan Stanley
      Reuters  -  420 words
    • Article
      Lock icon Poor get poorer with globalisation: UNDP
      382 14 GENEVA AFP THE rich are getting richer and the poor are worse off in nearly every way thanks to globalisation of the economy, the United Nations Development Programme (UNDP) charged yesterday. As globalisation speeded up, the ability of the world's leaders to cope with
      AFP  -  382 words
    • Article
      Lock icon Canada and Norway best places to live
      225 14 UNITED NATIONS Reuters CANADA, for the sixth consecutive year, ranks first among places to live, while Norway treats women better than any other country, according to the 1999 UN Human Development Report, released yesterday. This year's survey, like its predecessors, ranks 174 nations
      Reuters  -  225 words
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      77 14 Cutting Edge Vf becomes so popular so release becomes three Then London for the modern always taste always you Liberty I, II or shame on We you hasten to catch a of Liberty's latest aptly Liberty IV, before sells a stunning, seven-piece furniture collection finely or An classic, just as
      77 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon A protectionist and Patten in new EC team
      670 15  -  THE BOTTOM LINE OPINION By Shada Islam The writer is a Brussels based journalist who contributes to BT INCOMING European Commission President Romano Prodi's new European Union (EU) executive team announced last Friday will have an over-riding priority: to restore public confidence
      670 words
    • Article
      Lock icon IN OTHER WORDS
      155 15 'I've been a top international trade and finance guy since some time in the late 1980s, so my financial reputation was already there. But through some fortuitous combination of being in the right place at the right time and taking some care with the English language, I
      155 words
    • Article
      Lock icon Japan begins debate on army
      639 15 EDITORIAL POR the first time in 50 years, the Japanese Parliament passed a Bill to begin debate on revising the nation's Constitution. It is an event that could radically alter Japan's international posture early in the new millennium. Admittedly, the debate on the Constitution is
      639 words
    • Article, Illustration
      Lock icon Can competitors be priced out of the market?
      969 15 Economist questions idea that predatory pricing deliberately making losses to hurt rivals is possible The Economist IN the early 1980s, economists thought that predatory pricing was more or less impossible or that it required firms to behave irrationally, which amounted to the
      The Economist; FILE PHOTO  -  969 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      1007 15 Tracing the Chinese race GENETICS is a stirring subject for nationalists and historians. It is especially so for a China eager to underline the singularity of Chinese bloodlines and establish historical claims over neighbours. But genetic science has been dealing some rude shocks to those who
      1,007 words
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  • FOCUS
    • Article, Illustration
      Lock icon Oil fights back as gold falters
      1069 16  -  Real asset prices are notable for their inconsistency. But why is that so? lly. John Plender [LONDON] GLOBAL bond markets are weak. Investors are worried that inflation might stage a comeback. Is this the point in the cycle where real assets such as gold,
      AFP  -  1,069 words
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      109 16 True This is the the whole does Craftsmanship These truths our as as they are our reason tor to the to a discerning market. Staying true our faithful to the strengths and the raw material with each piece we shape, sculpt carve. Back to basics. Built to last. A cutting
      109 words
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      91 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Opening of Kubrick film to end mystery
      591 17 FILM AFP [LOS ANGELES] When Stanley Ku brick's last film Eyes Wide Shut hits movie screens this Friday, it will end months of speculation on the psychoerotic thriller starring Tom Cruise and Nicole Kidman. Despite the renowned director's death on March 7, just
      AFP; FILE PHOTO  -  591 words
    • Article, Illustration
      Lock icon Celebrating Hemingway
      1098 18  -  The Chicago suburb of Oak Park will this month remember the writer's 100 th birthday with scholarly lectures and discussions, readings, film screenings, exhibitions and other festivities, writes Andrew stern ANDREW STERN Reuters ERNEST Hemingway may have neglected his boyhood home in his stories, but the Chicago suburb
      Reuters; FILE PHOTO  -  1,098 words
  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
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      212 words
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      Lock icon Page 17 Advertisements Column 2
      50 17 OfX ■BW HOTEL GRAND CENTRAL LIMITED 22 Ore hair) Road/Cavenagh Road. Singapore *****7 Tat: 737 9044 Ext 400/02 Fax 733 3175 DAILY LUNCH BUFFET AT $12.00++ I Mon to Fri Lunch A Dinner Sat Dinner only I Sun A Pub Holidays closed Free valet parking available daily, frvm 7pm onwards.
      50 words
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      Lock icon Page 17 Advertisements Column 3
      205 17 i r< h<' Jj i Wday special kinch Mgnin $4.50 nptt pgr item with AJR-CtlOlCe of one or soft drink Teochew fried Kway Tcow Mushroom and Chicken Noodle (loup/t)ry) jl Fried Bee Tai Sak 11 Ipoh tlor fun I fried Macaroni I *price include* service Charge and U I relevant
      205 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      1104 17 CRYPTIC CROSSWORD 1 Bathos, we hear in Against the Ascent of the Chopper (10) 6 Pen a note for 17 (4) Jq— 10 In summer one can always en- I I water flflf H Itf fIK |H jjjH 11 Break in foes had made (9) fll JBB——pHI—JHI 12 Forlorn notes
      1,104 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon IPC units post $1.4m pre-tax profits
      240 19 [SINGAPORE] IPC Corporation yesterday said its core businesses ended the interim period in the black, with pretax profits amounting to more than $1.4 million. The mainboard-listed company also said that as at June 30, it had sold seven million renminbi (Ssl.4 million) worth of
      240 words
    • Article, Illustration
      Lock icon Why trying to decide IPC's viability is a real coin-toss
      782 19  -  HOCK LOCK SIEW David Boey PUNTERS wondering if IPC Corporation Ltd will be granted a lifeline from its creditors will not have to keep guessing for long. Come Friday, punters will learn of IPC's viability (or lack of it) after
      Source: Bloomberg  -  782 words
    • Article
      Lock icon Del Monte Pacific to net US$100m from IPO
      495 19  -  Offer price in US$ yet to be decided; money will be used for expansion in Asia By] Rahita Elias [SINGAPORE] PhilippinesDel Monte Pacific Ltd (DMPL), which expects its net profit to grow by 20 per cent annually over the next few years,
      495 words
    • Article
      Lock icon SingTel surges 5.5% on buyback and dividend news
      473 19  -  By' Teh Hooi Ling [SINGAPORE] Singapore Telecom shares yesterday surged 5.5 per cent, or 16 cents, to $3.06 following the announcement that it planned to give a 12-cent special dividend and buy back its shares. The counter contributed 26 points to the
      473 words
    • Article, Illustration
      Lock icon Ossia spending $10m to upgrade IT system
      470 19  -  It has hired foreign talent to beef np management team By] Rahita Elias [SINGAPORE] Listed marketing and distribution group Ossia International, which has hired two Australians to beef up its management team, will spend $10 million over the next five years to upgrade
      470 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Bolton in talks to buy Magnum stake
        649 20  -  MPHB's 31% stake of 465.3 m shares in gaming firm could be worth RMl.6b From Ruth Wong in Kuala Lumpur PROPERTY and financebased Bolton Bhd and its major shareholder Lim Yan Hai are negotiating to buy a 31 per cent stake in gaming
        649 words
      • Article
        Lock icon New Asian bull will see only 10-15% fall: Mobius
        522 20  -  Market recovery may cause govts to sidestep reforms By I Clarissa Tan [SINGAPORE] Asia has entered a new bull market and any market correction will bring stock prices down by only 10-15 per cent, says wellknown fund manager Mark Mobius, currently
        522 words
      • Article
        Lock icon Econ Int'l secures 7 contracts worth $60m
        276 20  -  By I Carol Eng [SINGAPORE] Econ International, in which US-based Asian Energy Ltd (AEL) is acquiring a 20 per cent stake, has recently secured seven contracts worth about $60 million. This was done through two wholly-owned subsidiaries, Econ Piling and Econ Resources, said
        276 words
      • Article
        Lock icon NOL gets nod to issue US$500m new shares
        284 20  -  By: Eugene Low [SINGAPORE] Neptune Orient Lines yesterday said it had secured shareholder approval for its plan to raise US$5OO million (*****.8 million) from issuing new shares. As part of its capital raising initiatives, NOL will place out internationally US$3OO million worth
        284 words
      • Article, Illustration
        Lock icon Panpac Media, SingNet to launch ChannelZing
        314 20  -  By' Teh Hooi Ling [SINGAPORE] Singapore Telecom's Internet service provider subsidiary, Sing Net, has teamed up with Sesdaqlisted Panpac Media.com to launch an interactive Internet content gateway called Channel Zing. Channel Zing will appear on Sing Net's homepage today with its series of virtual
        SIEW YAW HOONG  -  314 words
      • Article
        Lock icon Twinwood's placement fiasco
        308 20  -  By. Audrey Tan [SINGAPORE] Trading in Twinwood Engineering Limited was suspended yesterday afternoon, for an announcement of a placement issue which the company later revoked. Twinwood had asked for trading of its shares to be suspended from 2pm to 3pm yesterday, pending announcement of a placement agreement
        308 words
      • Article
        Lock icon Tenaga to finalise Kapar plant sale by Dec
        448 20  -  Six bidders putting in their final bids on Thursday From Ruth Wong in Kuala Lumpur MALAYSIAN power utility Tenaga Nasional Bhd expects to complete the sale of a 40 per cent stake in its biggest power plant in Kapar. Selangor, by December
        448 words
      • Article
        Lock icon DBS to look at Tier 2 capital in next few months
        396 20 CEO says bank hasn't set a target amount to be raised Reuters [SINGAPORE] DBS Bank will look at market conditions in the "next few months" to decide when to proceed with raising Tier 2 capital, chief executive officer John
        Reuters  -  396 words
      • Article
        Lock icon Ultro ups stake in Altum to 90.5%
        234 20  -  By. Jennifer Lien [SINGAPORE] Mainboardlisted Ultro Technologies now holds a 90.51 per cent stake in precision machining firm Altum Precision, after buying a 7.97 per cent stake from minority shareholder EDB Ventures 2. EDB Ventures 2 has agreed to sell its entire stake
        234 words
      • COMPANY Briefs
        • Article
          Lock icon OUB unit raises paid-up capital to $50m
          28 20 [SINGAPORE] Securities Investments Pte Ltd, an Overseas Union Bank subsidiary, has increased its paid-up capital to $50 million from $30 million.
          28 words
        • Article
          Lock icon DBS Land unit ups ANA stake to 75%
          49 20 [SINGAPORE] DBS Realty, a unit of DBS Land, has increased the number of ANA Hotels Singapore shares it owns by 12.8 million or 26.6 per cent to 36 million or 75 per cent. It bought the shares for $2.48 per share.
          49 words
        • Article
          Lock icon Lee Kim Tab buys out partners
          68 20 [SINGAPORE] Lee Kim Tah Holdings has bought out its partners in Golden Triangle Development, taking over two million shares of $1 each partly paid-up to 60 cents —at 48 cents per share. The net asset value per share of Golden Triangle is 64 cents,
          68 words
        • Article
          Lock icon SM Summit pumps funds into units
          55 20 [SINGAPORE] SM Summit Holdings has subscribed for 1.5 million shares of Asl each at par in wholly-owned subsidiary Summit Technology Australia, whose principal activity is the production and sale of compact discs. The company has also subscribed for 100,000 shares of Asl each at
          55 words
        • Article
          Lock icon Goldtron shareholder shaves stake
          58 20 [SINGAPORE] Goldtron Ltd yesterday said that 50,000 shares, or 0.012 per cent of its issued share capital, belonging to substantial shareholder Ong Soon Kiat have been sold at 31 cents each for him to meet obligations to a financial institution. Mr Ong now owns 41.8 million
          58 words
        • Article
          Lock icon DBS' LTA bond issue oversubscribed
          63 20 [SINGAPORE] DBS Bank said its offer of one-year bond deposits, backed by LTA's 10-year bond issue, closed yesterday with 3,600 applications received for $26 million of bond deposits. Based on an initial issue size of $25 million, the response represents a subscription rate of 1.04
          63 words
        • Article
          Lock icon Thai cement firm in 19.6b baht debt deal
          58 20 AFX-Asia [BANGKOK] Siam City Cement will sign a 19.6 billion baht (SsB96 million) debt restructuring agreement with 63 Thai and foreign creditors tomorrow, the Nation reported. The cement firm is 25 per cent owned by Holderbank of Switzerland, which bought the stake
          AFX-Asia  -  58 words
        • Article
          Lock icon Land & Gen expects to be in the black
          61 20 Land Gen expects to be in the black Reuters [KUALA LUMPUR] Land General said yesterday it expects a return to profit in 1999 on the back of improved consumer confidence. "Lower interest rates have encouraged greater confidence in people." managing director Abdul Karim Ahmad Tarmizi said. Land General incurred a
          Reuters  -  61 words
    • COMPANIES
      • Article
        Lock icon Lane Crawford shareholders in favour of delisting
        331 21  -  Wheelock Group to boy 25% of retailer; offer values company at HKsl.4b From Quak Hiang Whai in Hongkong SHAREHOLDERS of Lane Crawford International have voted overwhelmingly to delist the troubled upmarket retailer. The Wheelock Group, which is controlled by the family of the
        331 words
      • Article
        Lock icon Mitsubishi Motors rating lowered to 'junk'
        444 21 Move may force carmaker to find a foreign partner Bloomberg [TOKYO] Mitsubishi Motors Corp had its debt rating cut to "junk" by Moody's Investors Service and analysts said the move may put pressure on Japan's fourth-largest carmaker to find a foreign partner. A junk
        Bloomberg  -  444 words
      • COMPANY Briefs
        • Article
          Lock icon Disney ties up with Infoseek
          44 21 Reuters [NEW YORK] Walt Disney Co has agreed with Infoseek Corp to combine Disney's Buena Vista Internet Group with Infoseek and create a single Internet business, go.com. Infoseek shareholders will receive 1.15 go.com shares for each Infoseek share. Reuters
          Reuters  -  44 words
        • Article
          Lock icon Red Roof for Accor chain
          69 21 Bloomberg [PARIS] Accor SA, the world's fourth-largest hotel firm, says it is paying US$l.l2 billion (Ssl.9 billion) for Red Roof Inns Inc of Ohio, to give it 10 per cent of the US market for low-priced rooms. Accor said it would pay U5522.75 a share
          Bloomberg  -  69 words
        • Article
          Lock icon Microsoft goes for Canadian firm
          47 21 Bloomberg [WASHINGTON] Microsoft Corp will take a US$4O7 million (*****.8 million) stake in Canada's Rogers Communications Inc to guarantee its software distribution. Microsoft will buy Cs6oo million (Ss69o million) of Rogers' 5.5 per cent preferred securities convertible at Cs3s a share. Bloomberg
          Bloomberg  -  47 words
        • Article
          Lock icon China Telecom may raise stake in C&W
          62 21 AFX Asia [HONGKONG] The parent of China Telecom (Hong Kong) Ltd may raise its stake in Cable Wireless HKT after disposing of a 1.3 per cent holding recently, according to C&W HKT chief executive Linus Cheung. The Oriental Daily quoted him as saying
          AFX Asia  -  62 words
        • Article
          Lock icon Bookbuild proposal for AAPT
          43 21 AFX-Asia [SYDNEY] Macquarie Bank has formulated a proportional bookbuilding proposal that would hand control of AAPT to Telecom Corp of New Zealand, according to the Australian Financial Review. It said some of AAPT's institutional shareholders rejected the proposal. -AFX-Asia
          AFX-Asia  -  43 words
      • Article
        Lock icon April-June domestic PC sales up 25%: Hitachi
        314 21 Bloomberg [TOKYO] Hitachi Ltd, Japan's largest electronics maker, said its domestic PC sales rose 25 per cent in AprilJune. That, however, is unlikely to boost earnings as personal computers contribute almost nothing to profit. Hitachi sold 50 per cent more computers to individuals
        Bloomberg  -  314 words
      • Article
        Lock icon IBM teams up with Photronics to make faster, tougher chips
        321 21 Big Bine says it's found a way to make chips last longer Bloomberg [ARMONK, New York] International Business Machines Corp, the No 1 computer maker, hopes to make faster, hardier computer chips to power the Internet by allying with Photronics
        Bloomberg  -  321 words
      • Article
        Lock icon Higher H1 net seen for China listed firms
        269 21 Reuters (BEIJING] Chinese companies listed in Shanghai and Shenzhen are expected to post slightly better earnings for interim 1999, a top domestic brokerage said yesterday. J&A Securities said in a report in the latest edition of the popular Securities Market Weekly magazine
        Reuters  -  269 words
      • Article
        Lock icon Hutchison unit in A$215m share sale
        363 21 Aussie cellular phone company to sell 29.5% of business Bloomberg (SYDNEY] Hutchison Telecommunications Australia Ltd, a cellular phone company, plans to raise As2ls million (*****.6 million) in a public share sale, selling 29.5 per cent of its business to fund the roll-out of a
        Bloomberg  -  363 words
      • Article, Illustration
        Lock icon DaimlerChrysler takes option for 40% of McLaren
        435 21 Move follows recent forays into Formula One by Ford, BMW FT [BONN] DaimlerChrysler, the German-US motor group, has taken an option to buy 40 per cent of the TAG McLaren group which includes the Formula One McLaren racing team that triumphed in the
        FT; AFP  -  435 words
      • Article
        Lock icon NYSE considering: change to for-profit status: report
        219 21 Reuters [NEW YORK] Officials of the New York Stock Exchange (NYSE) are exploring whether it should convert from membership-owned to forprofit status, possibly through a public stock offering, the Wall Street Journal reported yesterday. Citing people familiar with the situation, the paper reported
        Reuters  -  219 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon E-commerce guarantees: Int'l banks kick off pilot scheme
        475 22 Identrus aims to have final system ready on Jan 1, but users may have to wait till end-Ql FT [LONDON] A consortium of international banks has launched a pilot scheme to encourage business-to-busi-ness electronic commerce by providing guarantees for companies trading with
        FT  -  475 words
      • Article, Illustration
        Lock icon Key three-month interbank interest rate firms to 2%
        307 22  -  Higher lending rates seen unlikely since credit demand weak %l Siow Li Sen [SlNGAPOßE] The key three month interbank interest rate firmed to 2 per cent yesterday but analysts say it will not lead to higher lending rates because credit demand continues
        Source: Reuters  -  307 words
      • Article
        Lock icon SocGen rejects new BNP bid, estimates doubling of H1 profit
        519 22 SocGen expected to pay more to Paribas shareholders Bloomberg [PAßlS] Societe Generate SA yesterday rejected Banque Nationale de Paris SA's sweetened US$l7.B billion (5530.3 billion) takeover bid, urging investors to support its own plan to merge with Paribas SA, which
        Bloomberg  -  519 words
      • Article, Illustration
        Lock icon Sprucing up for the recovery
        84 22 [SEOUL] A worker polishing a plastic logo of South Korea's Hanvit Bank at a branch here yesterday. Korean banks are fast recovering from the impact of the financial crisis that hit the country in late 1997. Hanvit Bank resulted from a merger between two leading
        REUTERS  -  84 words
      • Article
        Lock icon Commonwealth Bank, Woolworths in tie up
        268 22 Bloomberg [SYDNEY] Woolworths Ltd, Australia's biggest supermarket chain, has teamed up with Commonwealth Bank of Australia to offer in-store banking to its shoppers. Customers across a national 640-store network will be able to carry out a range of banking transactions, including cash withdrawals, deposits
        Bloomberg  -  268 words
      • SMALL Change
        • Article
          Lock icon Metrobank unit buys Philbank stake
          83 22 Bridge News [MANILA] A subsidiary of the Philippines' Metropolitan Bank and Trust Co (Metrobank) is set to acquire 70 per cent of publicly-listed Philippine Banking Corp (Philbank) for 3 billion pesos (*****.9 million), banking sources familiar with the deal said yesterday. Sources said Global Business
          Bridge News  -  83 words
        • Article
          Lock icon BSCH to cut 4,500 staff
          58 22 Bridge News [MADRID] BSCH is to lay 0ff4,500 employees in 1999, reported Expansion. The financial daily newspaper cited BSCH general director Juan Maria Nin, speaking to Catalan TV network TV3 on Sunday. That figure is 1,000 more job cuts than the bank had previously announced
          Bridge News  -  58 words
        • Article
          Lock icon Credit Suisse buys ABN Amro unit
          56 22 Bloomberg [ZURICH] Credit Suisse Private Banking, a unit of Switzerland's Credit Suisse Group, bought the Spanish private banking business of ABN Amro Holding NV for an undisclosed price. The unit of Switzerland's second-largest bank said that it now manages over 3 billion Swiss francs
          Bloomberg  -  56 words
        • Article
          Lock icon Canada bank ups Hartley Poynton stake
          85 22 Bloomberg [MELBOURNE] Royal Bank of Canada will raise its stake in Australian stockbroker Hartley Poynton. Canada's No 2 lender will increase its stake to 40 per cent from 25 per cent, at a cost of As 24 million (Ss27 million). Between 12.4 million and
          Bloomberg  -  85 words
      • Article
        Lock icon Futures start week with brisk trading
        143 23  -  SUMEXReports MSCI Singapore Index Edward Cheung, Jardine Fleming THE Singapore market began the week on a positive note yesterday following Singapore Telecom's announcement of a special dividend payout and share buyback programme. The Straits Times Index rose 17.15 points, or 0.8 per cent, to
        143 words
      • Article
        Lock icon Concerns over banks weigh down futures
        156 23  -  MSCI Taiwan fixtures Charlie Kuo Refco Singapore THE Simex MSCI Taiwan Stock Index futures fell slightly yesterday as concerns with the health of the island's banks and finance companies outweighed optimism on the electronics sector. The July *99 contract dropped 0.7 point to 373.5
        156 words
      • Article
        Lock icon Oil hits 19-month high as glut's expected to disappear
        353 23 ENERGY REPORT Bloomberg [LONDON] Crude oil rose for a fourth session yesterday, reaching its highest price in 19 months on expectations that the Organisation of Petroleum Exporting Countries (Opec) will eliminate a glut by the year's end. Oil prices have soared
        Bloomberg  -  353 words
      • Article
        Lock icon CURRENCY REPORT
        320 23 Reuters London THE dollar zoomed to a new lifetime high against the euro and hit eight-year highs versus the Swiss franc yesterday at the start of a data-packed week expected to confirm solid, non-inflationary US growth. The latest lurch lower in the euro/dollar rate came as European Union
        Reuters  -  320 words
      • Article, Illustration
        Lock icon Untitled
        909 23 NTERBANK CROSS RATES .Jul 12 C$ Bwb EBf r JL HK$ Ind Ks Rupnh Ytn Won RN NZS Prt is Ptso S$ R«o0 Sfr WT$ nm Pqubo' USS J"** 1 0 977 c 6 6 1.275 5.141 28.642 43.924 0.809 7.842 2.518 1.261 34.278 25J74 1.125 4.040 1.048 213*9 24
        909 words
      • Article
        Lock icon Untitled
        1864 23 SICOM FUTURES .mi2 RUBBER (futurw dosmq n it 5-30pm) RSS1 CONTRACTUS cents/kg) Close Volume Opm Month High low S»tt (tonnes) Interest Aug 99 96.00 96.00 96.50 50 300 Sep 99 98.00 900 Oct 99 101.25 100.25 100.25 100 350 Now 99 101.75 350 Dec 99 103.50 350 Jan/Mar 00 106.50
        1,864 words
    • Article, Illustration
      Lock icon HONGKONG
      1348 24 AFP Q Hang Seng -160.73 HONGKONG share prices fell 1.1 per cent yesterday, erasing earlier gains they notched up on the US market's strong performance at the weekend, dealers said. "The market has no clear direction," said Sean Li, associate director at Amsteel Securities, citing an absence of either
      AFP  -  1,348 words
    • Article, Illustration
      Lock icon CHINA
      581 24 Reuters C 3 Shenzhen B Index -325 SHENZHEN'S hard currency B shares ended sharply lower yesterday as slim turnover exaggerated losses in index heavyweights fuelled by fears of declining corporate firsthalf earnings. The B share index ended down 3.25 points, or 3.1 per cent, at 101.79 on turnover of
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  581 words
    • Article
      Lock icon TAIPEI
      322 24 AFP QWP Index -86JT7 TAIWAN share prices closed one per cent lower yesterday as investors took to the sidelines, dealers said. "Market sentiment turned cautious on a sell-off in the financial sector," said Yu Yinkai, analyst at Grand Cathay Securities. The Taiwan Stock Exchange Weighted Price Index fell 86.37
      AFP  -  322 words
    • Article
      Lock icon WORLD STOCK MARKETS
      2246 24 LONDON Industrials ■W12 Pound 34 Croup 8.24 0.10 Abbey National 11.62 -0.15 A Broods 4.22 -0.18 A 8 Ports 2.98 unch Alliance t Leicester 8.43 0.13 Allied Oomecg 5.92 -0.14 Allied Zurich 8.04 -0.05 Anglo American Gold 43.70 unch ASDA Group 2.18 unch Bank of Scotland 8.46
      2,246 words
    • Article
      Lock icon TOKYO
      1623 24 AFP ONikkei2as 4338.45 SHARE prices in Tokyo closed 1.9 per cent higher yesterday as increased buying in blue chips and technology stocks boosted sentiment, brokers said. The key Nikkei average of 225 selected issues on the Tokyo Stock Exchange rose 336.45 points to end at 18,274.18. An estimated 533
      AFP  -  1,623 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Lock icon Untitled
        8717 25 INDUSTRIALS 1999 LMt Vat Day Nat Cap High Low Company Sal* OOP High Low P/t $mM 440 255 AJinomoto 388 6 7 388 380 24.6 157.3 162 46 Angkesa 153 n 1814 162 144 225.6 404 220 Apollo Food HkJ 386 -2 152 404 386 13.4 154.4 294 115 Bar|aya
        8,717 words
      • Article, Illustration
        Lock icon Afternoon profit-taking reverses earlier gains
        423 25 AFP, AFX-Asia CI Composite Index -<U8 MALAYSIAN share prices closed barely lower yesterday in choppy trade as profit-taking in the afternoon session reversed earlier gains, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 0.18 of a point to finish at 851.49, off an
        AFP,; AFX-Asia  -  423 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Lock icon Untitled
        2119 26 BONDS. LOANS i WARRANTS wt 52-Wk Lul Vol Day Last Quota Ayq High Low Stno Company Sale ♦of- COOO) High Low Buy or Sailor Prlco '04 3 S 3160 "Acer ******1 US$ 74 8.5 514 83 72 715 74 80 4.5 s 3164 Acma ******4 49 -8 502 57.5 48
        2,119 words
      • Article
        Lock icon CLOB INTERNATIONAL
        234 26 HONGKONG STOCKS Gf Gf iH> L ,t V Lo«tQuo«o Mv Dtv VM Net M Cap Hlqft Low Stno Company Soto COOP) High Law Buyor So4of Cw P/Z SmM 365 173 5123 COL (2000) HK 315 unch 22 315 315 330 8 3.7 2J ».7 6098 9 5124 Cttfioy
        234 words
      • Article
        Lock icon AFP wrt yet to settle at realistic price
        195 26  -  WARRANT WATCH -By R Sivanithy ONE warrant that moved really well during the recent rally was Asia Food Properties (AFP). In fact, it has been singled out as probably the best example of the speculative excess in the market since it ran
        195 words
      • Article, Illustration
        Lock icon JAKARTA
        717 26 AFP n Composite Index +6.48 INDONESIAN share prices closed up one per cent yesterday with profit-taking in select large caps offset by a rebound triggered by positive first-half results released by cigarette maker Sampoerna. An analyst with Harita Kencana Securities said the rise of select large cap stocks, including
        AFP  -  717 words
      • Article, Illustration
        Lock icon BANGKOK
        865 26 AFP Pl SET Index *129 THAI stocks rose 0.4 per cent yesterday as investors cher-ry-picked banking stocks amid continued anxiety over upcoming financial results, dealers said. Banks, including Thai Farmers Bank and Bangkok Bank, drew selective interest but profit-taking limited gains in other sectors expected to report results, they
        AFP  -  865 words
      • Article
        Lock icon MANILA
        331 26 AFP H Manila +1L49 PHILIPPINE share prices rose 0.4 per cent yesterday on the back of Wall Street's gains last week, although investors remained cautious because of the peso's sharp depreciation. The Philippine Stock Exchange Composite Index gained 11.49 points to close at 2,606.21. Volume reached 4.82 billion shares
        AFP  -  331 words
      • Article
        Lock icon SEOUL
        404 26 AFP fl Composite Index -2168 SOUTH Korean share prices fell 2.3 per cent yesterday with higher money market rates triggering heavy profittaking towards the close, dealers said. Sentiment turned negative late in the trading day, hit by aggressive retail profittaking, with foreigners remaining moderate sellers, they said. The Korea
        AFP  -  404 words
      • Article
        Lock icon SYDNEY
        656 26 AFP Q All Ordinaries +9.2 AUSTRALIAN share prices closed up 0.3 per cent yesterday as strong gains to record levels on Wall Street counteracted profit-taking in the resource sector, brokers said. The All Ordinaries Index finished up 9.2 points at 3,050.20. The All Resources Index closed down 16.8 points
        AFP  -  656 words
      • Article
        Lock icon WELLINGTON
        285 26 AFP □Wellington -12.74 NEW Zealand stocks eased 0.6 per cent yesterday, uninspired by Wall Street's new records. On light turnover of NZ559.7 million, the NZSE-40 Capital Index fell 12.74 points to 2,197.24 with Telecom losing four cents to NZ$B.O6. *M2 MS *h (000) Advantaga MOS 2 66 -0.04 342
        AFP  -  285 words
    • Article
      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7214 27 Gr Gr M wt 52-Wk Last Vol Day Lut Ouota Dlv Olv VM Nat Cap Avq High Low StNo Company Sale COOO) High Low Buyer SeMer C'»r P/E SmN Price MULTI-INDUSTRY 182 17.5 m b 1000 Acma 50c 145 xd -11 686 158 143
      7,214 words
    • Article
      Lock icon SESDAQ
      1483 27 M 2 yi Day Last Ouota Wv Ml VN M Cap Avg hh> u» mo cimm *a>a COOP) hn» l— »rar war or e/k Pric» MANUFACTURING 218 30 C 2049 AS Auto We 181 -t3 954 194 180 180 181 ION 0.6 206.7 175 137 45 C 2051 A5J
      1,483 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Lock icon Untitled
        411 28 Stacks Volume Golden Aqri USKk 46,818,000 Asia FoodS Prop 28,751,000 (PC Corpn 5c 27,754,000 Frt Links 20c 22,614,000 •TanChonglntSOc 20,673,000 Hotung Inv NTS 19,297,000 ICT HKIOc 15,446,000 Eagle Brand Hldgs HK75c 14,799,000 ST Engg 10c 13,478,000 Liang Huat 10c 11,653,000 Stocks *TanChonglnt50c 54,232,092 DBS Foreign 31,902,282 ST Engg 10c 29.141,777
        411 words
      • Article, Illustration
        Lock icon Second-liners bear the brunt of selling pressure
        579 28  -  STOCK MARKET COMMENTARY STI gains 17 points, lifted by Sing Tel; but broad market slides, with 48-366 advance-decline score By R Sivanithy AS expected, traders stayed away from the market yesterday, preferring to wait out the forced-selling pressure originating from the high volume
        579 words
      • ON THE GRAPEVINE
        • Article
          Lock icon Why is PWC lighter after merger?
          63 28 HERE'S an in-house joke making the rounds at PricewaterhouseCoopers in the wake of the resignation of Nicky Tan, a former Price Waterhouse partner who handled such high-profile cases as the liquidation of Barings and the special accountants' investigation into Am col. Question: Why is
          63 words
        • Article
          Lock icon With the Net, do yon need a bank?
          142 28 AT the recent CommunicAsia 99 conference, Citibank Asia-Pacific's technology vice-president, Alvin Yong, was describing how the major US bank was getting into the Internet in a big way. Mr Yong told the audience that Citibank had this ambitious goal of one billion
          142 words
        • Article
          Lock icon Housing loan war brewing in M'sia
          88 28 A PRICE war to offer the cheapest housing loan may be brewing in Malaysia, said Sin Chew Jit Poh, which bills itself as the Chinese newspaper with the biggest circulation in the country. It said there are already two financial institutions, Pacific Bank and
          88 words
        • Article
          Lock icon A case for self-examination
          110 28 QUITE a few newspaper readers in Hongkong couldn't help noticing the irony when a widely-read Chinese-language daily last week produced a stinging editorial which hit out at the government for not doing enough to stem out pornography and other indecent articles. No, it was not the
          110 words
        • Article
          Lock icon Monkey business
          69 28 TWO monkeys and three people were detained by the police for alleged drug dealing in Dhaka, the news agency AFP reported, quoting newspapers in the Bangladeshi capital. The monkey Munni was used to take money from customers while her partner Hamid handed over quantities of a banned cough
          69 words
      • Article, Illustration
        Lock icon HOT STOCK
        66 28  -  -By Teh Hooi Ling THERE appears to be some more weakness in the share price of chip distributor Ultro Technologies. Directional indicators suggest that the current downward trend will persist. Support is seen at 90 cents. Ultro closed four cents down at $1 yesterday. A total of two
        66 words
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      89 19 t LTA's Debut Bond Issue All these bonds have been sold. This announcement appears as a matter of record only. Land Tran sp hor ity Issue of *****,000,000 Principal Amount of 4.92% Fixed Rate Bonds due 2009 Joint Lead Managers The Development Bank of Singapore Limited Morgan Stanley Dean Witter
      89 words
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      192 22 E& f ii >- i"^'". di£' 1 -v. i- The direct link to your best prospects Here's an excellent advertising opportunity for you to reach more than 45,000 professionals, managers, executives and businessmen, many of whom require warehousing, logistics and transport services. Just run an advertisement in Shipping Times' new
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      58 22 U&flMTll wwii 1 I lIM If 1 I W iff)* Ijl #08 -01 Pacific Plaza 9 Scorn Road Singapore *****0 I M.mmv m. Te|: 738 m (6 lines) Fax: 735 3752 I First Class Facilities Exclusively Decorated I Business Hours: W A i Total Relaxation in nw,-iimi 4 I The
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      55 27 You never actually PATEK PHILIPPE own a Patek Philippe. You merely look after it G^ E for the next generation. The Annual Calendar. The first lljPj*? self-winding annual calendar watch with power reserve and moon-phase. Men's Annual Calendar ref: 5036/1. For information: Geneva Master Time, Tel: (65) 732 1506. Www
      55 words
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      1426 28 MARKET MOOD Q DOWN Mood Indicates likely trading sentiment today based on brokers polled at 5-6pm yesterday (h emight erents may alter sentiment* Brokers polled: /.Vf» Barings, Credit Lyonnais Securities. IJaiua, Deutsche Morgan Crenfell, Fraser, CK Gok. Kay Ulan, Merrill Lynch, Somurn, Phillip, Warburg Mllion Head Is your portfolio lagging
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      318 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND FORCE-SPEED ENTERPRISES PTE LTD (la Mtmbm' Voluntary Liquidation) Al an Extraordinary General Meeting or the Members of the abovenamed company duly convened and held at 2 Killing Pudding Road *01-10 Mactech Industrial Building. Singapore *****7 on sth July 1999. the
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      234 28 TAJ PING YANG PTE LTD (In Members' Voluntary Winding-Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuontto Section 308 of the Companies Act Cap. 50 that the Final General Meeting of the Members of the abovenamed Company will be held at the office of Messrs Ong Teh Co. at
      234 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      146 29 Bridge News, Reuters TRADING was quiet with charterers and owners taking to the sidelines to reassess their positions. Although the Pacific Panamax market has been weaker, details surfaced of a couple of fixtures at firmer levels. TANKERS: There was a boost in Aframax trading from the Caribbean but
      Bridge News,; Reuters  -  146 words
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      Lock icon MARITIME STOCKS
      289 29 scs no jmb a w CWT Distribution 1.48 -a 07 179 Chuon Hup 1.33 0.02 1237 Cotco invaitmant—1.28 -0.05 299 Fralght Links 0.42 -0.04 ***** CB Hoidmgi 1.04 -0.04 695 Hal Sun Hup 0.91 -0.02 722 IMC Hoidings-HK —5.60 unch 0 Jay a Holdings 1.01 -0.12 1059 Jurong
      289 words
    • Article, Illustration
      Lock icon Call to tighten int'l rules on lifeboat safety
      455 29  -  Recent accidents at sea point to need for regular maintenance of lifeboat system: Techno Fibre By\ Marcus Hand [SINGAPORE] Recent maritime disasters, including the sinking of the cruise ship Sun Vista, have underlined the importance of lifeboat safety and the need for
      FILE PHOTO  -  455 words
    • PORT Shots
      • Article
        Lock icon X-Press expands Colombo service
        67 29 [SINGAPORE] Singapore-based feeder operator X-Press Feeders has added another vessel to its Colombo-Upper Bay of Bengal service. X-Press Makalu, a 420-TEU (20-ft equivalent unit) vessel is the third addition on this route. X-Press has also upgraded its United Arab Emirates (UAE>Karachi shuttle to three vessels, and
        67 words
      • Article
        Lock icon Dalian's cargo hits record 40m tons
        98 29 Xinhua [DALIAN] Dalian port, in north-east China's Liaoning Province, reported cargo throughput of 41.07 million tons in the first half of this year, 16 per cent up over the same period last year. According to sources from the city government, it was the first
        Xinhua  -  98 words
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        Lock icon TianJjin port chalks up two records
        83 29 Xinhua [TIANJIN] North China's biggest port Tiai\jin handled 34.89 million tons of goods during the first half of this year, up 3.46 per cent over the same period last year. The port handled 590,227 standard containers, an increase of 31 per cent on a
        Xinhua  -  83 words
    • Article
      Lock icon Dockers go on strike at Bangladesh's Mongla port
      238 29 Reuters [MONGLA, Bangladesh] Cargo handling was suspended at Bangladesh's south-western Mongla port yesterday as dock workers began an indefinite strike to demand higher wages, port officials said. "The workers walked off at 6 am (0000 GMT) stranding 22 ships including four carrying
      Reuters  -  238 words
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      Lock icon Marubeni in joint project to upgrade Sihanoukville
      244 29  -  From P T Bangsberg in Manila MARUBENI Corp, a major Japanese conglomerate, signed a multi-million-dollar deal last week with a Cambodian petroleum company to upgrade part of the Port of Sihanoukville. Sihanoukville is the country's main sea gateway 225 km south of the
      244 words
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      Lock icon Japanese ship orders up
      64 29 [LONDON] There was a 57.5 per cent increase in ship orders approved by the Japanese government last month when compared with May. Figures from the Japan Ship Centre show that 20 ships totalling 764,814 gross tons were ordered, almost all for export, and most due for
      64 words
    • Article, Illustration
      Lock icon Concept quick to catch on
      1077 30 INTERMODAL TRANSPORT Integrated freight transport fully exploits the flexibility of modern container-handling technology Det Norske Veritas THERE are shipowners. and there are integrated-trans-port operators. Throughout Europe. Asia and North America, integrated freight transport fully exploits the flexibility of modern container handling technology, with high-speed container
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      Lock icon SHIPPING SCHEDULES INDEX
      202 30 PAGE Dongnama 3 ACL 6 ECU Li* 6 ANL 3 £CL 4 Accord 8 Appenship 5 FoongSun 7 Austral 8 GLinfc 4 B«U)iShpq 5 Gemartrans 6 BSA 7 Hang* 7 B'tang Mas 8 Han>» 3 CCHI 7 Heung-A 4 CMA 8 Hyundai 7 COSCO 5 ICFS 3
      202 words
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      Lock icon SHIPPING GUIDE
      20638 37 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number 30/07 26/06 COSCO EMPRESS PHOENIX 00«0E 65 226*900 To ABIDJAN (ABJ) 2003 Cote D'lvoire 03/0) 02/09 ngpl chekiang V045 65 *****00 Z3A)7
      20,638 words
    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        731 41 Vessel Voy No Barth Arrival Dapartun 8t W 4321 399 J 12/07/840 12/07/16:00 P»itnmMJ*A2 ***** J» 12/07/755 12/07/1940 M Stpti 71*99 J01 *****/10-00 12/07/2340 It Mm Gt6 $7 JU.-0 J01 12/07/1240 12/07/2339 Bt Pwtra tw ***** J01 12/07/9:50 13/07/140 M S tt*tns* ***** J01 12/07/10.20 13/07/140 Mwcopoto 26
        731 words
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        Lock icon CONTAINER SCHEDULES
        1751 41 RECEIVING Of EXPORT FCl CONTAINERS AND LCL CARGO Booklnq/Bilanc* Rstls SMp Voy No Etb/Btr Ported From To From A" MIW< 02a 13/2000 u O/BOO 0/1*9* I2/1«00 I2/H00 0/1*9* 12/1*00 uwm ni u/o*oc u 12/B00 0/1*51 "a/mo" 12/1500 0/1*51 O/BOO 2* 12/1700 0/0*9* U/0100 2t 12/1700 U/0*51 13/0100 13/0700
        1,751 words
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        Lock icon GLOBAL HOLIDAYS
        180 41 Jul 14 France: National Day. Jallß Brunei: HM The Sultan's Birthday. Jal 21 Belgium: Independence Day. Aoff 2 Ireland-Republic Of: August Holiday. Am* Singapore: National Day. South Africa: National Women's Day. Aagtt Thailand: HM Queen's Birthday. AM 15 Belgium: Assumption Day. Hong Kong: Sino-Japanese War Victory Day. Luxembourg:
        180 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        813 41 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 market. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        813 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        450 41 Carton 180 Ha 990 6 2.0 17.1 0.10 78 0.03 ■MI Density Rater ResMue Ask Aluminium litem No tbovt E25 0 1 4 0 0 0 JTJ" 380 Aw 987.4 0J 13.5 0.06 34 0.01 Una 380 Mu 994.9 0.8 20.8 0.14 183 0.04 tt/WI %tUH
        450 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon China Southern, Air China holding merger talks
        408 42 Move a first step towards consolidation in China's aviation industry Bloomberg [HONGKONG] China Southern Airlines JCo has confirmed that its parent company has held "preliminary" talks on a possible merger or partnership with Air China. Hongkong-listed China Southern said its parent company has
        Bloomberg; FILE PHOTO  -  408 words
      • Article, Illustration
        Lock icon Monkeying around Branson
        54 42 [SHANGHAI] Virgin Group tycoon Richard Branson carries a Chinese flag while one of Virgin Atlantic's flight attendants holds a British flag. They were disembarking upon arrival on Virgin Atlantic's inaugural flight to Shanghai. Mr Branson and crew were greeted at the airport by performers dressed as the
        AFP  -  54 words
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        Lock icon Air New Zealand, Ansett to extend code-sharing
        196 42 Bridge News [WELLINGTON] Air New Zealand and Ansett Australia are to begin code-sharing on Air New Zealand flights between Australia, New Zealand and the US by the end of the year, Air New Zealand said. Air New Zealand and Ansett Australia are already
        Bridge News  -  196 words
      • Article
        Lock icon China probes near-miss of BA and Korean Air planes
        193 42 BA jumbo was flying only 200 m above Korean cargo jet in Chinese airspace AFP [HONGKONG] Chinese aviation authorities are investigating a near-miss between a British jumbo jet carrying 400 passengers and a Korean Air cargo plane, a spokeswoman for Korean
        AFP  -  193 words
      • Article
        Lock icon UK to curb foreign bids for air traffic control firm
        148 42 Reuters [LONDON] The British government will bar overseas companies from taking over the country's air traffic control when a majority stake is sold next year, the Times reported yesterday. It said fears over possible threats to national security had convinced
        Reuters  -  148 words
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        Lock icon Shenzhen Airport's cargo volume up, boosting profit
        315 42 AFX-Asia [SHANGHAI] Shenzhen Airport Co Ltd achieved an increase in earnings in the six months to June, largely as a result of growth in cargo throughput at the airport, while passenger volume dropped slightly, company secretary Cao Tiqiu said. Mr Cao said the
        AFX-Asia  -  315 words
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        Lock icon Bulgaria goes ahead with sale of Balkan Airlines
        393 42 Flight bans by Lebanon, Syria will not stop sale to Israeli group Reuters [SOFIA] Bulgaria will complete the sale of 75 per cent of national flag carrier Balkan Airlines to Israel's Zeevy group despite bans on Balkan flights imposed by Lebanon and
        Reuters  -  393 words
      • Article, Illustration
        Lock icon BAA expects record summer
        224 42 Bloomberg [LONDON] BAA pic, the world's largest airport operator, said passenger traffic was 6.5 per cent higher last month than in June 1998, and it expects a record summer. Passengers passing through its seven UK airports totalled 10.9 million. The biggest gains were on flights to
        Bloomberg; FILE PHOTO  -  224 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1771 42 CJTY flKMT ETA FU6MT ETD LH778 1605 LH6373 2355 MM* 8A7381 1930 0F82 2055 U4578 1605 S02i 2355 Ofr 1930 AH8229 2230 S***** 1605 LH6380 2230 BA7306 1815 $0229 2230 W W ImtXarUm KL843 0435 6A972 0010 T+m»m $0909 830 S0990 0105 $023 0705 KL844 0040
        1,771 words
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      109 29 Intermodal transport: Concept quick to catch on Integrated freight transport fully exploits the flexibility of modern container-handling technology. Page 2 members... The Driving Force of Singapore Logistics Hub Wmi-OMOW uwc rw up A member of PHILI-ORIENT Lines Worldwide 108 Robinson Road #07-00, ***** Building Singapore *****0. Tel: 225 1800 (18
      109 words
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      73 29 MANDATC LOGISTICS Mandate Logistics Pte Ltd 51 Anson Road #08-57 Anson Centre Singapore *****4. E-Mail: admin@mandalelogistics.com.sg Website: www.mandatelogistics.com.sg Take advantage of Mandate's "One Stop Integrated Logistics Services" with: "NO EXCUSE" You can't understand how satisfied you are until yon have shipped with us. So, when you have shipment next time,
      73 words
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      Lock icon Page 29 Advertisements Column 3
      428 29 People E3 N9H Circle ASPAC has hired Yew Kok Seng as its IT director in a bid to boost its HmU information technology department. Theresa Lee has been hired as |H| Circle's HR director. Yew Kok Seng Theresa Lm S'pore SMppinf Associdtioi cntscs Singapore Shipping Association (SSA) is holding the
      428 words
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      Lock icon Page 29 Advertisements Column 4
      81 29 China Southern, Air China holding merger talks Move a first step towards consolidation in China's aviation industryBack Page Workmate Express Lines Pie Ltd 180 Cecil Street #1643/03, Bangkok Bank Building Singapore *****6. Tel: 226 1911 Fax: 220 8073, 224 2863 E-Mail: wgato@mbox2.com.ig Master Consolidator to/from the Indian Sub-Continent AJm Weekly
      81 words
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      730 30 F nutfymt i SUPER SHUTTLE EXPRESS 1 fOUif KARACHI EXPRESS (QKX) I VKStI VOT AGE LGO mm. VOT DON OAH pitWT JKA f""® 55 fnOjlsi6~ SM SSSL SZ w mmummu ST«/««/» "ST nm i./w iw wu NTICASTOt lima 14/17 01/ M PtOMDUOTDAMAZOMS «1( 10/17 11/17 (13) 00/07 12/07 70/07 24/07
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      87 30 A SANKYU (S) PTE LTD "NK' 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAMPORTI Hana Kana AAH CWm Pwt» IKY BUY THlffl A »UN yum VESStL VOY [TP SIN ETA TYO ETA KOI ETA YOU ETA NGO ETA OSA HOUSTON
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      721 30 i i Lines services represented (-M©®-) Members of the Registry of Accredited Sfuppmg Agents Singapore Shipping Association I Memoers of me Singapore Fretgttt Forwarders Association ULY UNB MALE Ivksii voy m flu flu P. KIAHG SfOßf MAli Empress Lity V 0399 24/07 25/07 01/08 Empress Lify V 0499 10/08 11/08
      721 words
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      1165 31 SAX SERVICE (DIRECT) vcsa VOY SNEtt UXOWPOIHOUOi COL MB* AH NYC AfUgQUCg 026£ 14/07 79/07 03/06 03/08 03/01 03/01 03/08 03/08 04/08 04/08 AfISAMONYX 0131 21/07 05/00 10/01 10/01 10/01 10/08 10/00 10/00 11/ D» 11/W IfUWWMjM 0271 20/07 12/00 17/00 17/00 17/00 17/00 17/01 17/06 10/00 10/00 Aft JAM
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      2212 31 ©HANJIN SHIPPING SikF I ifcMplja -S4b *****30 HAJUM SHIPPING fTI ITO Iwp am KXXJNC ********** SALES *****74 731 DOCUMfT *****71 274 OfHATWR *****»75l H/UH IKK *****55 fU 777WM CI NO **********0* TO NW USA A CANADA USA CANADA* "RMvaTvor mm sm im hau/vot su nw oa pm or mr m
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      386 31 vtssa wtsiwwrsiiiiCßiiaro K T C mrtraai m> w/w u/w \vm_ n/w 71/57 mnm m 11/07 13/07 pi 14/07 u/07 70/07 72/07 n/o; BITCUISAI Wtf 73/07 ?S/07 77/07 M/ 07 pfOVideS LCL (OllSOlldOtIOH tO arc ma* tips 11/07 to/ip tiw 71/w ts/w v/w n/m 30/07 KYUMAISHMHB 077S 73/87 01/ M OVM
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      1582 32 DSR-SENATOR UNES TO UK/CONTINENT TO MEDITEIUL\NEAN/CANAD A VtSStL VOT SW LB) HTM WW MAM UN FIX VOT SW 611 SB TO HI MANJM SAVANNA* *QMO Ml 7 30 «7 *1 Kl7 30 (7 ltd JAM* SENATOfI «WW3O Ml 7 »I 7 27 07 2* (7 >1(7 MM MAMN MKEIONA WNKSI
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      770 32 MAC-NELS S PORE M'SIA Carrier MM COHTR UNES, INC p. gudamg: od *****26 1 IV/ J cmm* IWWTIOOOOB S«U: (084)*****9 MANILA: (832) *****24 PEMANG: (04) *****36 BANGKOK: (882) *****67 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JtCT: (21) *****45 KUCHWG (082) *****1-3 MADRAS VANCOUVER MV "SINAR TIMUR" V.016 MV "HJ
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      660 32 EXPRESS CONTAINER FEEDER FOR N.SHEVA/ COLOMBO VMM! S PORE N SHfVA COLOMBO F KLANG TULSIDAS V 111 II JUL 77 JUL 03 MM M AUG B MAS TI6A V 110W 7t JUI (3 AUG II AUG 15 AUG CAPE CANAVERAL VIOOW 02 AUG II AUG 17 AUG 8 AUG TULSIDAS
      660 words
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      1551 33 VESSEL VOY KHH HKG SIM PKG PQB DXB DMM BA BIK IRAN LORE STAN PCL-5110 07/07 09/07 13/07 14/07 23/07 24/07 25/07 27/07 29/07 IRAN TEYFOURI PCL-5111 14/07 16/07 20/07 21/07 30/07 31/07 01/08 03/08 05/08 IRAN BAAKERI PCL-5112 21/07 23/07 27/07 28/07 08/08 07/08 08/08 10/08 12/08 IRAN SHAHRYAR
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      1930 33 Direct Calls to Kobi (6 Days),! Nagoya (7 Days) Tokyo (8 Days) I ISINGAPOfIE'S GENERAL AGENTS: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (l/ir^^2osBo'P™io!!oßEOFFla^^^™™^^™™ COSTAR SHIPPING PTE LTD #12-00 SALES/BKGS *****57/60 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BND _CRNO^2IZ*!j!g9 OOM SINGAPORE *****8 CONVENTIONAL *****50/S5 T/SHPMT
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      653 33 CHINA SHIPPING (GROUP) COMPANY j 855 CHINA SHIPPING CONTAINER LINES CO., LTD. 1 FAR EAST EUROPE FULL CONTAINER EXPRESS SERV ICE WESTBOUND (FIXED WEEKLY SERVICES; VSi VOY XGG QIN SHA HKC S'POHI KTM HAM FXT SEA&RICttT 2203 QLU QZJuI Q2Jul I2JJ LiJd QLAua QiAug 07 Aug PAN <;RYSTAj 99Q3 UJu!
      653 words
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      1395 34 EUROPE AJK/SCAHOINAVIA/F!NLANO^UBSIA SGP ROM ANW HBG THP ZEE LHV LHV THP RDM ANW HBG PKL I SCP E DEVOTE RW OQ7 17/07 05/08 11/08 07*8 09/08 10/08 11/08 E RIGHT RE 039 22/06 24/06 23/06 25/06 27/06 16/07 17/07 E DEVELOP RW-007 2«/07 12/08 18/08 14/1)8 16/08 17/08 E REWARD
      1,395 words
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      1059 34 A PH~ ADVANCE CpNTAINER LINES (PTE) LTD ML* Li TEL *****21. FAX *****19, TELEX :RS ***** ACLPL FOR BOOKINGS PUASt CALL; *****22 SALES MARKETING *****21-28 OPERATIONS: *****60/*****05 CR NO **********0E BANGKOK p Tn'tttjiirnt) VOY SIN IKK VESSEL VQY SRM JKT KOIA RATNA (RAT/ICH) RNAI 33 13/7 lue 16/7 Fn ANRO
      1,059 words
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      638 34 na. NANTAI LINE j FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA ViSS£l VOT I SIN 1 PLU 1 PUR j JNB CPT 10~ MNUi VENUS V.035S 20/07 28/07 01/08 04/08 06/08 09/08 mMTAI DRAGON "yom" 28/07 ~07/08~ H/08 14/08 lt/08 NAMIAIQUEEW VO36S 08/08 17/08 21/08 24/08 28/08 21/08 GOLDEN DRAGON
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      477 35 BSfl jl mm MYANMApfiHk FIVE STAR LINE (Myanmor National Line) Loading for Yangon (Rangoon) VESSCL VOY SIN PKL PEN PGU SAGAJNG MWf SU> PAGAN 268W SID MALAYSIA ACtNTS: BOUSTEAD SHIPPING AGENCIES KUL TQ (03)*****00 PKL Til (03)*****01 PEN: Til (04) *****02 PGU: TEL (07) *****21/4 BANK LINE (A service of
      477 words
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      1272 35 HYUNDAI MERCHANT MARINE CO., LTD. IVESSB VOY ISM SOU taIRIMI ANT I HAM I BRV [FS IVtSSB VOYI SOU I IB! I RTM lAW I HAM IWV I IE I Sill HY GENERAL 319W 13/07 29/07 30/07 01/06 04/08 TYNE 52* 25/06 26/06 20/06 22/06 14/07 EIRE 554W 15/07 02/08
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      1096 35 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVY LI FT SERVICE' |WSHI VOY RAMP HEIGHT I SIN I LAI I CRL MIA SAV lAL OtF NYC NEW MM TEXAS AHOt 400 IMS 6.3 M IMPORT 09/08 IS/01 21/08 23/08 H/M W7oTttToTW/WOT7oT~ TOBA AHO2 400 Tom 6.3 M 25/07
      1,096 words
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      1101 36 ■AHOKO¥J MAP TA PHUT/ LA EM CHABAWO JAKARTA/PAN JAWQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN ANAN BHUM*" 121N ~jn"pT 17/07 ANRO GOWA' 090 In Pt 17/07 ULA BHUM 113N In Pt 16/07 17/07 GURU BHUM 137S 14/07 18/07 NANTA BWUM** 454N 14/07 17/07 18/07 GURU
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      787 36 I VESSELS VOY SN I PKL I JED MLA LEH RTM HAW I ZEE I SOT VILLE DE VIRGO S32W 19AJ7 20/07 28/07 02/06 07/06 09/08 11AB 12/06 14*08 SAUDI JEDOAH N32W 26*07 27/07 06/08 10g8 16/08 17/06 19*06 20/08 22/08 VIUE DE SHANGHAI H32W 01*08 04/08 13/08 18/06 23/08
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      56 37 I New Advertisers/Services/ Agencies I FAR EAST EUROPE I FULL CONTAINER EXPRESS SERVICE Turn To Pg 5 CB China Shipping (S) Agencies Pte Ltd INTRODUCING OUR NEW USA TRANSPACIFIC SERVICE Turn To Pg 6 (EVERY MON/WED/FRI) MSC Agencies Pte Ltd I For Service From PASIR GUDANG/ SINGAPORE to MIDDLE EAST/VIETNAM
      56 words
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      54 39 VataV STflfk Dial 740-6000 on demand (Retrieve more schedules!) Press"!" Select the port and key in the four digit code eg: To New York (NYC) 2275 m z£> Key in your fax number I s j£) Enter your phone number I Another innovative service offered by The document Will be
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  • Page 41 Miscellaneous
    • Miscellaneous
      Lock icon Page 41 Miscellaneous Column 1
      123 41 LEGEND R Thunderstorm Temperoture o Q X\ Y Shower Weather Wind direction with speed m knots ee Rom v_x Cloudy Sky Wove or* indicated by arrows which fly with Hte wind One full circle represents calm or light and vonoble winds One hatf Heche represents 5 knots I—» One hJI
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