The Business Times, 25 August 1999

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Microfilm: NL21522
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Lock icon Masthead
    19 1 THE BUSINESS TIMES MITA 85c SINGAPORE Internet: http://business- 1 imes. as ia 1 .com .sg/ WEDNESDAY, AUGUST 25, 1999
    19 words
  • Article
    Lock icon MARKET SUMMARY
    67 1 □m VMM (-3.95) tl n m fcj ***** (-9.31) nsnsamiiiß M 287J0 (-0.10) gyyiIETMOOD; STOCK MARKET INDICES Tuesday Change KLSE COMP ***** NIKKEI laWMl -1*14 HANO SENO 1M3U7 *6011 SET INDEX 44UI 1.64 JAKARTA OOMP _J8U4 +L44 MANILA COMP _U4&n >28.16 TAIPEI WP1 7,984.39 -***** SEOUL COMP 933.41
    67 words
  • Article
    Lock icon FINANCE
    80 1 FOBEX BATES U8$ St U8$ 1.689 £(US$/SS per 1.602 1706 EURO(US$/S$ per E) 1.047 1.768 DM 1.868 0*04 YEN 1112 liO§* RM 1800 0.444 HKS 7.7*4 0117 BAHT J8J8 0.044 RUP1AH 7,726 0.022 Sf to lOC units FUME BATES SINGAPORE* 5JO KUALA LUMPUR 7.26 JAKARTA 40.00 BANGKOK 10.00 J
    80 words
  • Article, Illustration
    Lock icon Fed hikes rates 1/4 point, stays on neutral
    402 1 Dow np 53 by 2.30pm; news expected to give comfort to S'pore bourse [WASHINGTON! True to market expectations, the US central bank yesterday raised the benchmark federal funds rate for overnight loans between banks by a quarter percentage point to 5.25 per
    Source: Bloomberg  -  402 words
  • Article
    Lock icon Fed monetary stance expected to spark US stock rally
    495 1  -  Oct hike nnlikely unless inflation rises sharply: analysts From, Andrew Marks in New York THE Fed's announcement that it was maintaining a neutral stance towards interest rates cheered Wall Street strategists here who predicted it would spark a stocks rally at
    495 words
  • Article
    Lock icon Thais likely to build Kra Canal to bypass Malacca Strait
    613 1  -  From Harish Mehta in Bangkok THE Thai government is expected to approve the construction of a long-delayed canal across southern Thailand that could threaten Singapore's position as the region's leading port. Thailand's Science Minister Arthit Urairath told BT yesterday at
    613 words
  • Article, Illustration
    Lock icon Uncertainty mounts in Indonesia over Bank Bali
    905 1  -  From Shoeb Kagda in Jakarta INDONESIA was plunged into uncertainty yesterday over the widening US$BO million (Ssl3s million) Bank Bali scandal after two top government officials made contradicting statements about an independent audit of the central bank. Achyar Ilyas, a central bank director,
    905 words
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      115 1 DIBIPE Directors Mftod Thailand's government sacked all Krung Thai Bank Pel directors, except its new president, after a confidential auditor's report on the state-con-trolled bank's leading practices was made public, Pg6 BiHiiHmi On-line travel bookings are set to take off, Pg 13 MmeyMittei Don't count on a strong Dow giving
      115 words
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      20 1 Dow surge wont ensure smooth rise for USS, Pg 16 USB soars as Dow powers to new high, Pg 6
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      7 1 Kra Canal plan gains ground, Pg 10
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon Ministries now free to allocate budget as they see fit
      332 2  -  Audrey Tan GOVERNMENT ministries will now be free to allocate their resources as they deem best from a total budget they receive each year. Finance Minister Richard Hu announced yesterday. Instead of allocating money to different departments and statutory boards,
      332 words
    • Article
      Lock icon Govt opens up financial guarantee insurance market
      414 2  -  MAS move seen boosting bond and capital markets here By\ Siow Li Sen THE Monetary Authority of Singapore has amended financial guarantee regulations, giving yet another boost to the developing bond and capital markets here. A press statement from the MAS yesterday said
      414 words
    • Article
      Lock icon Write about directors making a fast buck
      201 2  -  MAXLBAG Peter Chang Pei Tuck Singapore via Internet I REFER to the article by your columnist Lee Han Shih, "Investors should tie fortunes of directors to companies" (BT, Aug 21). His proposal (to require directors to buy shares in the companies they serve)
      201 words
    • Article
      Lock icon Govt divestment need not always be through IPO
      158 2  -  Lim Boon Wee Director (Investment) Ministry of Finance I REFER to Shi Guo Ji's letter, "Couldn't the public have paid a fair price for SMRT?" (BT, Aug 17). How a government company is divested, and to whom, depends on the objectives of
      158 words
    • Article
      Lock icon Employees can seek ministry's advice
      354 2  -  Liew Yen Lin Ministry of Manpower PLEASE refer to the letters "Firms disguise retrenchment" by Z Y Liu (BT, August 7) and "Coping with retrenchment" by M H Kit (BT, August 11). Both the writers complained that some companies resorted to forcing their employees to
      354 words
    • Article, Illustration
      Lock icon $72m facelift to enhance charm of Changi Point
      302 2  -  New ferry terminal, better beaches part of 10-year works at seaside resort By. Marissa Chew THE Urban Redevelopment Authority will be sprucing up Changi Point with a new ferry terminal, new park connectors and boardwalk as well as beach reclamation works. The
      Source: URA  -  302 words
    • Article
      Lock icon JP Morgan sees 5.5% growth
      350 2  -  EYE ON THE ECONOMY Outlook By Marissa Chew US investment bank JP Morgan has become the latest to revise its forecast for the Singapore economy and says that Singapore's continued growth hinges on regional stability, a soft landing for the US economy and sustained global
      350 words
    • Article, Illustration
      Lock icon A one-stop Web site for businesses
      309 2  -  WizOffice to help companies bay office supplies, recruit staff By, Andrew Wee HOMEGROWN WizOffice.com Pte Ltd launched its WizOffice Web site yesterday to service companies seeking to improve their business operations. Founded by three Singaporean technopreneurs, WizOffice brings "practical e-commerce" to companies by helping
      CHRIS LOH  -  309 words
    • Article
      Lock icon Four start-ups first to get Tech Incubator scheme funding
      258 2  -  By] Raju Chellam FOUR high-tech start-ups will be the first set of firms to get technology funding under the TIP (Technology Incubator Programme) started by the National Science and Technology Board (NSTB) six months ago. The four are: WirelessWerks, Deep Video
      258 words
    • NEWS Roundup
      • Article
        Lock icon Asia-Pac bankers to attend S'pore meet
        91 2 FINANCE and central bank deputies from 14 Asia-Pacific countries will meet for one-and-a-half days starting this Sunday to discuss regional economic surveillance, focusing on managing the recovery process, and reform of the international financial architecture. Deputy Prime Minister Lee Hsien Loong will open the
        91 words
      • Article
        Lock icon SIA, Shangri-La top travel poll
        68 2 SINGAPORE Airlines and Shangri-La Hotel have been voted respectively the region's top airline and hotel chain in this year's Asian Travel Survey conducted by The Asian Wall Street Journal and CNBC Asia. This is the third straight year that both have been ranked No 1
        68 words
      • Article
        Lock icon Clarification
        57 2 AN article by Ho Kwon Ping headlined "The advantage of economics", reproduced in BT on Aug 21, omitted to mention that it first appeared in the July issue of Economics Newsletter, published by the National University of Singapore's Department of Economics. Mr Ho wrote it for the Distinguished Alumnus
        57 words
    • Article
      Lock icon Ipoh Ltd sells stake in Sydney building to GIC
      292 4  -  From Surinder Singh in Sydney IPOH Ltd has sold its 30 per cent stake in a Sydney office building to its business partner the Government of Singapore Investment Corp (GIC). The two parties, which are also partners in a mixed use
      292 words
    • Article
      Lock icon S'pore will still invest in China despite difficulties
      689 4  -  B6 YEO IN CHINA Bat businessmen should study region well, do sums carefully: BG Yeo Reports from Teh Hooi Ling in Beijing DESPITE the many difficulties Singapore businessmen encounter in China, Singapore will continue to invest in China because the Republic cannot
      689 words
    • Article, Illustration
      Lock icon Smart venture that made it in China
      745 4 Bering Smart Garments aims to go public in 3 years [BEIJING] While many Singapore companies are struggling to eke out profits from their China ventures, one company appears to have struck gold by making one of Man's most basic essentials, garments. Turnover at
      MARY KWANG/THE STRAITS TIMES  -  745 words
    • Article
      Lock icon Deal to buy Natana gas still on, says SembCorp
      328 4 Jakarta MPs cite irregularities in pipeline deal award Reuters SEMBCORP Industries Ltd said yesterday its deal to buy natural gas from Indonesia's West Natuna Sea was still on despite objections from some parliamentarians in Jakarta. "Yes, of course," said Wong Kok
      Reuters  -  328 words
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  • ASIA ON THE MEND
    • Article, Illustration
      Lock icon Krung Thai directors all sacked except president
      536 6 REGIONAL BANK WOES Leaked auditor's report says up to 84% of bank's loans could be delinquent Bloomberg, Reuters [BANGKOK] Thailand's government sacked all Krung Thai Bank Pel directors, except its new president, after a confidential auditor's report on the state-controlled bank's lending practices
      Bloomberg,; Reuters  -  536 words
    • Article, Illustration
      Lock icon Talk of 4% GDP growth in Q2 lifts M'sian market
      647 6  -  From Ruth Wong m Kuala Lumpur THE Malaysian stockmarket has edged up 1.5 per cent over the last two days, buoyed partially by expectations of a more than 4 per cent GDP growth for the second quarter. The figure is
      FILE PHOTO  -  647 words
    • Article
      Lock icon Missing US$250m is in overseas banks: Cibinong
      195 6 Bloomberg [JAKARTA] PT Semen Cibinong, an Indonesian cement maker, said US$25O million (Ss4lB million) reported "missing" from its books is on deposit in a series of financially weak banks outside of Indonesia. Reports emerged in Indonesia several weeks ago that the missing money
      Bloomberg  -  195 words
    • Article, Illustration
      Lock icon US$ soars as Dow powers to new high
      511 6  -  US$ recovery sweeps across region, rnpi&h again hardest hit By Larry Wee [SINGAPORE] The US dollar powered its way ahead in Asian trading yesterday, jack-knifing higher on a 199point rally in the Dow which took the blue-chip benchmark to a new high
      REUTERS; Source: Reuters  -  511 words
    • Article
      Lock icon Indon money market hit by computer woes again
      280 6 Bridge News [JAKARTA! Computer problems that hit the Indonesian money market on Monday continued yesterday causing dealers to be nervous about the central bank's new trading system which slowed trading in an otherwise flushed market. At 0455 GMT, reputable banks were quoting
      Bridge News  -  280 words
    • Article, Illustration
      Lock icon Miyazawa watching movements of yen closely after recent rally
      481 6 Bridge News, Bloomberg, Reuter [TOKYO] Japanese Finance Minister Kiichi Miyazawa said yesterday that he is watching foreign exchange movements "extremely carefully" after the US dollar/yen hit the 110 level in trading on Monday. Mr Miyazawa reaffirmed his comments on Sunday that
      Bridge News,; Bloomberg,; Reuter  -  481 words
    • Article
      Lock icon Japan's June business activity index expected to fall 0.4%: poll
      265 6 Reuters [TOKYO] The Japanese Trade Ministry's monthly overall business activity index, due for release today and regarded as a gauge of gross domestic product (GDP), is expected to register a decline of 0.4 per cent in June from the previous
      Reuters  -  265 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon A Shakespearean tragedy in Malaysia
      771 7  -  COMXBXTABY Economically one has to give Dr Mahathir his due but politically th<* mtintry hna Nirkwnrd By Thomas Friedman NYT THE first lesson they teach in columnist school is that even if you have mixed opinions about some issue and you are torn 50-50 when
      NYT  -  771 words
    • Article
      Lock icon Time prepares 50 witnesses to face Suharto suit: report
      242 7 JAKARTA Knntoro and Mar'ie MlhlUUUl Among those asked to testify AFP US magazine Time is preparing some 50 witnesses to face a lawsuit from former Indonesian president Suharto over an article claiming he had a hidden US$l5 billion (Ss2s billion) fortune,
      AFP  -  242 words
    • ASIA Notes
      • Article
        Lock icon Proton car parts from palm fibre
        77 7 Reuters [KUALA LUMPUR] Malaysia's national car maker, Perusahaan Otomobil Nasional Bhd (Proton), yesterday signed an agreement with the Palm Oil Research Institute Malaysia to produce car components using oil palm fibre. The first components made under the pact are rear shelf trim and boot
        Reuters  -  77 words
      • Article
        Lock icon Telkom sees more privatisation in 2001
        80 7 Reuters [JAKARTA] Indonesian state telecommunications firm PT Telkom said yesterday that the sale of more of the government's stake could take place as early as 2001. "Management thinks that the privatisation programme will take place as soon as 2001, that is, when the economy
        Reuters  -  80 words
      • Article, Illustration
        Lock icon Indonesia sees up to 4% growth
        95 7 AFP [JAKARTA] Indonesia could see economic growth of up to 4 per cent in the year to March 2000 and up to 6 per cent the following year, Minister for National Development Planning Budiono (above) said yesterday. "With growth prospects of 2 to 4
        AFP  -  95 words
      • Article
        Lock icon DAP wants full report on bank NPLs
        113 7 Bernama [KUALA LUMPUR] Malaysia's opposition DAP party said yesterday that Bank Negara should give a full report on the extent of alleged "mismanagement, abuses of power and criminal breach of trust" in the financial system resulting in Danaharta having to take over 40
        Bernama  -  113 words
    • Article, Illustration
      Lock icon MRCB: rail hub to be ready next year
      442 8 Firm has resolved financial problems, says new president Reuters [KUALA LUMPUR] Malaysian Resources Corp Bhd (MRCB) said yesterday it expects to complete by the end of next year a US$l.O5 billion (SII.B billion) hub for a railway linking the capital to the
      Reuters; REUTERS  -  442 words
    • Article, Illustration
      Lock icon A test of Asean solidarity
      722 8  -  Will the Mahathir-Habibie meeting today aid the n- a ties? ASIAM VZBW By Yang Razali Kassim ON the eve of President B J Habibie's visit to Kuala Lumpur today, an article in Newsweek magazine has Malaysian Prime Minister Mahathir Mohamad reminiscing about his close ties
      722 words
    • Article
      Lock icon PTT to invest US$350m to relieve Thai Oil debt
      184 8 BANGKOK Bloomberg PETROLEUM Authority of Thailand (PTT) will invest US$35O million (Sss9l million) in Thai Oil Co, the nation's largest oil refiner, to help restructure its debt, a government proposal said. Thai Oil stopped all payments on about US$2.2 billion of
      Bloomberg  -  184 words
    • Article
      Lock icon Aurora Gold's A$20m writedown
      311 8  -  Company cites higher Indon risks, fall in gold prices From Brian Gomez in Sydney PERTH-BASED Aurora Gold Ltd said on Monday that it has decided to write down its assets by AS2O million (5521.5 million) to A 1212.7 million in recognition of the increased sovereign risk
      311 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Peregrine to repay creditors for first time since collapse
      469 9 HONGKONG Fixed income nnit to pay HKslb or 12.5 cents on the dollar, says liquidator Bloomberg PEREGRINE Investments Holdings Ltd will repay HK$l billion (*****.3 million) to the creditors of one of its units including itself in the first such payment
      Bloomberg  -  469 words
    • Article, Illustration
      Lock icon Bureau to challenge phone firms with cable TV Net access
      484 9 BEIJING High-speed, cheap service has backing of Bra and Jiang Reuters A CHINESE official with a reputation for shaking up telecommunications says he plans to challenge a monopoly by telephone companies on Internet service by delivering high-speed access over cable
      Reuters; FILE PHOTO  -  484 words
    • Article
      Lock icon China mulls interest tax, new bond issue
      436 9 BEIJING Lawmakers meet on plans to stimulate flagging economy Reuters THE elite body of China's Parliament began a weeklong session yesterday to decide whether the government should make another massive bond issue and tax bank interest to stimulate flagging economic growth. The Standing
      Reuters  -  436 words
    • Article
      Lock icon S&P expects reforms to continue despite problems
      258 9 HONGKONG Reuters DESPITE internal and external challenges including rising unemployment and greater social tensions, China's economic reforms are likely to continue in the coming years, according to a Standard Poor's examination of China's economic reform efforts. "Adverse external and internal developments may slow
      Reuters  -  258 words
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  • FOCUS
    • Article, Illustration
      Lock icon Kra Canal plan gains ground
      1615 10  -  According to a new study, the 810b baht canal will be financially viable and create three million jobs From, Harish Mehta in Bangkok THAI government scientists and economists have proposed building a canal across the isthmus of Kra in just six years. The massive construction
      FILE PHOTO  -  1,615 words
    • Article
      Lock icon Grant Thai PR status to all S'poreans, suggests banker
      327 10 [BANGKOK] Thailand should grant permanent resident (PR) status to all Singaporeans in a gesture of goodwill and cooperation because the construction of the Kra Canal could challenge Singapore's status as the premier regional port, a leading banker said yesterday. This revolutionary
      327 words
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      1,615 words
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  • ASIA
    • Article, Illustration
      Lock icon Govt may force Daewoo into creditors' workout programme
      458 11 KOREAN CORPORATE RESTRUCTURE Move will strip ailing conglomerate of all management control Bloomberg [SEOUL] The Korean government, frustrated by the slow pace of Daewoo Group's restructuring, said it may strip the ailing firm of all management control. The Financial Supervisory Commission, which
      Bloomberg; FILE PHOTO  -  458 words
    • Article
      Lock icon Korea Life steps up fight against nationalisation
      366 11 SEOUL It's raising 50b won in move seen as challenge to govt AFP THE ailing Korea Life Insurance Co yesterday stepped up its campaign against the government's plan to nationalise it, announcing plans to raise 50 billion won (5569.8 million) by the end
      AFP  -  366 words
    • Article
      Lock icon Creditors approve Samsung's debt repayment plan
      270 11 SEOUL AFP CREDITOR banks yesterday finally approved a proposal from South Korea's giant Samsung Group on repaying the more than US$2 billion (553.4 billion) in debts run up by its failed auto unit, bankers said. The approval, which will spare Samsung punitive action by
      AFP  -  270 words
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      419 11 IT Conference and Exhibition Attire Business Don't be left behind in the race to acquire the most up-to-date IT tools attend the GIS Asia Pacific Conference and Exhibition and learn how GIS (Geographic Information Systems) can assist you in your business or enterprise. Whether you are part of a major
      419 words
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  • THE WORLD
    • Article
      Lock icon SEC tightens rules on fund managers
      438 12 WASHINGTON Portfolio managers' personal trades get closer scrutiny Bloomberg THE US Securities and Exchange Commission, hoping to keep mutual fund insiders from misusing their positions for profit, has approved longawaited rules that tighten oversight of personal trading by portfolio managers and other fund-company staff.
      Bloomberg  -  438 words
    • Article
      Lock icon FOMC statement
      232 12 The following is the full text of the statement released by the Federal Reserve Bloomberg THE Federal Reserve Open Market Committee voted to raise its target for the federal fUnds rate 25 basis points to 5.25 per cent. In a related action, the Board of Governors approved a
      Bloomberg  -  232 words
    • Article
      Lock icon Gold falls 1% as mining companies sell borrowed metal
      216 12 NEW YORK Bloomberg GOLD fell more than one per cent, the biggest drop in seven weeks, as producers stepped up sales to lock in prices, guarding against further declines. Gold producers can sell metal they haven't yet mined by borrowing from
      Bloomberg  -  216 words
    • WORLD Watch
      • Article, Illustration
        Lock icon Remembering Valentino
        53 12 Reuters [HOLLYWOOD] Marc Wanamaker speaking at the 73rd annual Valentino Manorial service honouring the memory of actor Rudolph Valentino at the Hollywood Forever cemetery on Monday in Hollywood. Fans gathered at the cemetery for the anniversary of the actor's death on Aug 23,1926. A large drawing of Valentino
        Reuters  -  53 words
      • Article
        Lock icon UK June trade deficit hits £2.5b
        63 12 Bloomberg [LONDON] Britain recorded its largest trade deficit in five months in June as Imports surged and indited growth in Europe's third-largest economy is picking up. The June shortfall rose to £2.5 billion (556.7 billion) from £1-56 billion in May. Imports rose 7.1 per
        Bloomberg  -  63 words
      • Article
        Lock icon Bonn official on Holocaust payment
        72 12 Bloomberg [FRANKFURT] Bonn believes the country's top firms, including Deutsche Bank and DaiinlerChrysler, should pay less than US$2O billion (5533.8 billion) to compensate survivors of the Holocaust said Otto Lambsdorff, the government official leading the talks for Germany. He is holding talks this week with
        Bloomberg  -  72 words
      • Article
        Lock icon Germany economy seen to surge in H2
        84 12 Reuters [FRANKFURT] The German economy is set to pick up sharply in the second half of the year and Europe's central bank will need to watch money supply growth carefully if the upswing takes hold across Europe, the Bundesbank said. In its monthly
        Reuters  -  84 words
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      83 12 i-** hort*, the sweep of lines jfjfjk f° r Innovation and v a distinctive do® •jjm wS a passion for learning and means we We must em brace change, seize the 'IHf opportunities, and do things better. iM HEW' The Wfg 9 Jr a water our to A INtW In
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon On-line travel bookings set to take off
      776 13  -  THE BOTTOM LIME OPINION By Raju Chellam The author is a BT correspondent THE hottest application after Internet telephony seems to be on-line travel, going by the number of firms jumping in to provide the service and the number of analysts predicting a
      776 words
    • Article
      Lock icon IN OTHER WORDS
      138 13 'Given their treatment in the media, the only surprise to me is that we still have 11 people prepared to play for England, and suffer the ritual exposure and crucifixion that follows.' -P DBarwkk a cricket fan, in the wake of the English cricket team's latest collapse
      138 words
    • Article
      Lock icon Japan's banks take alliance route
      623 13 EDITORIAL THE proposed alliance of the Industrial Bank of Japan (IBJ), Fuji Bank and Dai-Ichi Kangyo Bank (DKB) has been well received in the Tokyo stock market —but elsewhere, the response has been sceptical. The fact that the combined entity will have assets easily surpassing
      623 words
    • Article, Illustration
      Lock icon Foreign investors betting history won't be repeated
      1004 13  -  For Nikkei to keep rising, Tokyo most not ease np on tough reforms again at the first sign of recovery By, Jim Bonner Bloomberg THE last time foreign investors spent more than US$3O billion (Ssso billion) on Japanese stocks, the Nikkei 225 peaked
      Bloomberg; FILE PHOTO  -  1,004 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      1112 13 New point in AsUn conflict NORTH Korean missiles, China-Taiwan sabre-rattling, India-Pakistan tension at first glance, it can appear that Asian security is under imminent threat of major conflict. What we are seeing is a new style of Asian conflict in which diplomatic tensions can run high
      1,112 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Edinburgh rules cut up fringe acts
      656 14  -  While some lament fate of street performers under stringent regulations, others are saddened by deteriorating quality of acts, evasohlmah finds out EVA SOHLMAN Reuters THE scene is a bizarre one: fire-eaters, musicians, jugglers and mime artists stare at a man using a chainsaw to
      Reuters; FILE PHOTOS  -  656 words
    • Article, Illustration
      Lock icon Thai ghost love story's a smash hit
      639 14 Nang N&k rakes in 206 m baht, after 3 weeks, almost as much as Titanic Reuters [BANGKOK] The remake of a traditional ghost story is defying Thailand's economic crisis to break box office records with a tale of everlasting love. Nang Nak is
      Reuters; FILI PHOTO  -  639 words
    • Article, Illustration
      Lock icon So you want to buy a used spacesuit?
      457 15 300 items of space memorabilia go under the hammer at Christie's East in NT next month NYT [NEW YORK) As they go through the rites of passage into the history books, the old-timers of the early days of space flight have had
      NYT; FILE PHOTO  -  457 words
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      232 14 CASIO. a W Solid beauty. The dream l» reality. MR-G. "Wrist watches are too thin and just too easy V to J I These are the words that sparked the G-SHOCK 1l j revoiution that began in 1983 when the G-SHOCK z made its debut. And every year since, exciting
      232 words
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      161 15 Where to wine, dine and entertain... (SlttsSir SSSS^tSL. All the fresh oysters you can eat! Help yourself at our carving station then feast over a lavish buffet dinner complete with appetiteis, wiwh, soup and tempting desserts. Complement your meal with a specially priced wine-by-the-glass. I gjJflb Dinner: Monday Friday V/fviffif
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      Lock icon Page 15 Advertisements Column 2
      67 15 I available for: I private parties I company dinner and dance I conference seminar and meeting. V HOTEL GRAND CENTRAL UMfTED 22 Orchard Road/Cavenagh Road, I Singapore *****7 I T«fc 737 9944 Fax: 733 3175 on predictions. Advertise in Wine, Dine Entertain i of The Business Times and reach out
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      Lock icon Page 15 Advertisements Column 3
      91 15 Lobby level I Music Symphony I Be Blown Away by an I Electrifying Performance by I the Lhe Band Music Symphony. I an Extraordinary 5-plece I ensemble from the Philippines I 700pm-1230am Daty I e*oeptSunda&B B lIAPPY HOURS SPM 9PM DAILY I 20% off on all drinks I (except promotional
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      175 15 Where else can you taste specialities of 13 states in Malaysia without leaving the country? Dine and stand a chance to win two return tickets to Kuala Lumpur, stay in the Parkroyal Kuala Lumpur and 3500 Ringgit to spend at Sunget Wang, Lot 10 or Star Hill shopping i centres.
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      179 15 Create your own set luncb of Continental cuisine with strong French Italian influences. Mondays to Fridays IOD noon to 2.30pm (last order) Price: $28+++ \M2 kevolviftf Reservations: *****58/88 333 Orchard Road, Singapore *****7. Tel: *****11 mm CVUSing: IfH* Itf Sgffewbgr, lm. Th#y olio wont to %m hit TruffUt. Holibut and
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  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      861 15 CRYPTIC CROSSWORD 22 Assembly church9(lo) —LaJ Lm has expanded (9) clue inside (6) 2 Instruction to the players to Ocean? (6,3) YESTERDAY'S SOLUTION take it smoothly (6) 16 Saying head of state is reach- irinloTTsl —c ■ii• i i i 3 Nothing on Jack's tax assess- ing the height of
      861 words
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  • FOCUS: MONET MATTERS
    • Article, Illustration
      Lock icon Dow's rise won't ensure smooth ascent of US$
      1065 16  -  Greenback still looks a good sell on rallies against the yen at 114 and the Sing at 551.7050 By Larry Wee TAKING up where we left off last week, it would appear that the expected September rally in US stocks has taken
      Source: Reuters; Source: Hypovereinsbank  -  1,065 words
    • Article
      Lock icon Yen strength may not be good news for rest of Asia
      802 16  -  Risk of dramatic Asian currency falls against the yen By: Desmond Supple The writer is head of Asian Economic Research at Barclays Capital. This article does not constitute an invitation to invest. BT and its contributors will not be
      802 words
  • Page 16 Advertisements
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      249 16 Gear up for 6.8% p.a.* interest rates on This i» an indicative interest rate for a Singapore doflar base Premium Deposit based %*»*]Ofl the prevailing exchange rata as of 19 August 1999. for a 1-month tenure, with the \t mK other currency as the alternate currency Interest rata u indicative
      249 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon Vickers Ballas nets $17m in H1 turnaround
      459 17  -  Earnings boost from improved market conditions, ST Capital acquisition By' Wong Wei Kong [SINGAPORE] Roosted by better market conditions as well as its acquisition of ST Capital, Vickers Ballas Holdings has swung into the black with a net profit of $17.2 million for
      459 words
    • Article, Illustration
      Lock icon Jurong Engg posts flat H1 results
      449 17  -  Earnings ap just L 6% despite 26% rise in turnover By* Conrad Raj (SINGAPORE] Jurong Engineering yesterday reported flat interim profits despite a higher turnover, falling well short of the blistering pace of growth it achieved in the first half of last year when
      FILE PHOTO  -  449 words
    • Article
      Lock icon MSCI move reduces necessity to keep Clob shares frozen
      663 17  -  HOCK LOCK SIEW Ven Sreenivasan Malaysia's reinclusion in the close-ly-watched stock indices of Morgan Stanley Capital International be cause for cheer for the 172,000 long-suffering Clob shareholders? Some market watchers think it is. And going by logic, they would be right
      663 words
    • Article, Illustration
      Lock icon Sea View surges further 70 cents to hit 2-year high
      479 17  -  DBS Land also gains, np 14 cents, after its 23% stake purchase By\ David Boey [SINGAPORE) Thinly-traded Sea View Hotel shares closed at a two-year high of $11 yesterday, up 70 cents, following news that DBS Land had bought First
      Source: Bloomberg  -  479 words
    • Article
      Lock icon Share options for Seksun director at 79% discount to closing price
      260 17  -  By I Carol Eng (SINGAPORE] Seksun Precision Engineering has granted share options for 600,000 shares to a director with an exercise price that is at a steep 79 per cent discount to the stock's closing price yesterday. The share
      260 words
    • COMPANIES
      • Article
        Lock icon SIA recruits NOL man to head finance dept
        144 18 [SINGAPORE] Singapore Airlines has hired a new senior management executive to head its finance department. Cedric Foo, who is said to be in his late 30s, will join as senior vice-president, finance, next month. Mr Foo is currently executive vice-president of corporate
        144 words
      • Article
        Lock icon CDL Hotels pays special dividend
        635 18  -  Interim profit up 5%; total payout exceeds HKs37lm earnings for the period Prom< Quak Hiang Whai in Hongkong CDL Hotels International, a unit of City Developments Ltd (CDL), said its net profit for the first six months rose 5 per cent and rewarded shareholders with
        635 words
      • Article
        Lock icon Hotel Grand Central buys NZ building
        133 18 (SINGAPORE] Mainboardlisted hotelier Hotel Grand Central has bought a 14-sto-rey office cum retail building in Wellington for NZ57.25 hiillion (556.4 million). The company said the purchase, which was done through one of its New Zea-land-based units, was financed wholly by borrowings from ANZ Banking
        133 words
      • Article, Illustration
        Lock icon Insider buying up 39% last week
        622 18  -  DBBOE VIEW Selling shrinks 77% from the past 12 weeks' average Wong Wei Kong THERE was an increase in insider buying on the Singapore bourse last week while insider selling fell by a bigger margin. The Primark Director Sentiment Index, which tracks trading by
        Source: Primark ITA  -  622 words
      • Article, Illustration
        Lock icon GES teams up with China IT company to make PCs
        461 18  -  Joint venture looking at $1.5b total revenue over 3 years By, Jennifer Lien GES International will invest US$9 million (5515.03 million) in a joint venture with a Shanghai-listed Chinese partner to make and distribute PCs and other products in China.
        CHRIS LOH  -  461 words
      • Article
        Lock icon Too early for Thai deal: SingTel
        159 18 Reuters [SINGAPORE] Singapore Telecommunications said yesterday it was too early to conclude that it may take an investment stake in another Thai telecommunications firm. A Sing Tel spokeswoman said that newspaper reports in Thailand about Sing Tel taking a stake in Thai Telephone and
        Reuters  -  159 words
      • Article
        Lock icon KHZ to sell stake in Maju for $5.4m
        185 18 [SINGAPORE] Keppel Hitachi Zosen (KHZ) yesterday signed a letter of intent to sell 49 per cent of subsidiary Maju Maritime Pte Ltd to Smit International for $5.39 million. The sale will result in a gain of $1.76 million for KHZ. At the
        185 words
      • COMPANY Briefs
        • Article
          Lock icon CSA's M'sian unit posts 56% profit rise
          47 18 [SINGAPORE] CSA Holdings' Malaysian-listed associate Computer Systems Advisers saw a 56 per cent rise in net profit to 9.1 million Malaysian ringgit (Ss4 million)for the half-year ended June. Turnover roee 6 per cent to RM165.5 million. 1 .T$ >Z v"
          47 words
        • Article
          Lock icon Heahe sells 2 dormant KL subsidiaries
          27 18 Country Manna Restaurant Sdn Bhd as its present focus is not in that country. They were sold for RMI each. *'.■>. Hi
          27 words
        • Article
          Lock icon Lian Beng in Bangladesh joint venture
          68 18 [SINGAPORE] Lian Beng Group's subsidiary Lian Beng Construction (LBC) has formed a Joint venture, Lian Beng (Bangladesh) Training Testing Centre, to set up a vocational training institute In Dhaka to train Bangladeshi workers for work In Singapore. LBC owns 70 per cent of the
          68 words
        • Article
          Lock icon Datacraft bags US$4m China deals
          54 18 [SINGAPORE] Datacralt has won US$4 million (596.8 million) worth of contracts for the expansion of two existing provincial digital data networks in Zhejiang and Shandong provinces in China. Datacralt will expand the network capacity ofJihua Telecom and Zibo Telecom, as well as extend the network
          54 words
        • Article
          Lock icon Corrections and clarifications
          56 18 IN an Aug 20 report headlined "Datacraft's profit continues to soar", the company's first and final dividend for the year ended June 30 should be 0.88 cents per share, not 88 cents. For the previous year ended June 1998, the total dividend was 1.35 cents per share.
          56 words
      • Article
        Lock icon Matsushita profit slips 14% as strong yen hurts export earnings
        572 19 Bftrnings shrink for 7th straight quarter as sales of TVs, VCRs fall in Japan and overseas Bloomberg [OSAKA] Matsushita Electric Industrial Co, the world's largest maker of consumer electronics, said its profit shrank for a seventh straight quarter in the
        Bloomberg  -  572 words
      • Article
        Lock icon Yeo Hiap Seng (M) profit slides 44% to RM2.5m
        235 19  -  From] Diana Oon Abdullah in Kuala Lumpur YEO Hiap Seng (M) Bhd turned in a meagre 2.48 million Malaysian ringgit (Ssl.l million) in interim net profit, 44 per cent lower than the previous corresponding period. The decline was from an already
        235 words
      • Article, Illustration
        Lock icon Bringing amateurs into sharper focus
        79 19 [TOKYO] Promoter Chako Nagasaki looking through the viewfinder of new digital camera Camedia C-2500L, featuring a 2/3-inch primary colour progressive CCD with 2.5 million pixels, the highest number in a model for consumers, at an unveiling by Olympus Optical Co Ltd yesterday. With an F2.8-3.93x
        REUTERS  -  79 words
      • COMPANY Briefs
        • Article
          Lock icon Sun trays Forte Software for US$540m
          88 19 NYT [SAN FRANCISCO] Sun Microsystems said on Monday that it had agreed to buy Forte Software, which produces programming tools for developing Internet applications, for US$54O million (Ss9o2 million) in stock. The deal represents a 31 per cent premium to Forte's closing price of
          NYT  -  88 words
        • Article
          Lock icon NYSE seat sells for record US$2.65m
          64 19 Bloomberg [NEW YORK] A New York Stock Exchange seat sold on Thursday for a record $2.65 million (554.4 million). Owning a seat on the world's biggest stock exchange gives the holder the right to trade stocks on the Big Board and vote at NYSE
          Bloomberg  -  64 words
        • Article
          Lock icon IBM 'near accord on copper Alpha chip'
          66 19 Bloomberg [ARMONK, New York] International Business Machines is near an agreement with Compaq Computer to make a faster version of Compaq's Alpha chip using copper wiring, a person familiar with the plan said. The proposed multi-year contract is expected to be completed by
          Bloomberg  -  66 words
        • Article
          Lock icon China Airlines holder to sell down stake
          62 19 AFX-Asia [TAIPEI] China Airlines' major shareholder China Aviation Development Foundation is set to sell half of its 71 per cent stake at the year-end, Transportation and Communications Minister Lin Feng-cheng said. Mr Lin was quoted by evening newspapers as saying sale proceeds will
          AFX-Asia  -  62 words
        • Article
          Lock icon AMP buys Schroders' property funds
          57 19 Bloomberg [MELBOURNE] AMP Asset Management, a unit of Australia's largest life insurer and funds manager AMP, said it bought the Australian property funds management business of Schroders Australia Property Services for A 5112.5 million (Ssll9 million), gaining management rights to the listed Asl.4 billion Schroders
          Bloomberg  -  57 words
      • Article
        Lock icon C&C Bintang stuns with RM37m interim profit
        318 19  -  Car sales-driven earnings 150% of fall-year forecasts From Diana Oon Abdullah in Kuala Lumpur CYCLE Carriage Bintang Bhd, a 48.55 per cent associate of Singapore's Cycle Carriage Ltd, earned a stunning 37.32 million Malaysian ringgit (5516.6 million) in the first half of the
        318 words
      • Article
        Lock icon Acer expects profit to triple to NT$7.3b, below expectations
        308 19 Bloomberg [TAIPEI] Acer Inc, one of the world's 10 largest personal computer makers, said it will earn NT$7.3 billion (Ss3B2 million) to NT$7.5 billion this year, triple its 1998 profit but below analysts' forecasts. The lower-than-expected forecast reflects losses in the
        Bloomberg  -  308 words
      • Article, Illustration
        Lock icon Intel drops Pentium III prices by as much as 41%
        486 19 Chipmaker oat to boost holiday-season demand, regain sales from AMD Bloomberg [SANTA CLARA, California) Intel Corp, the world's No 1 computer-chip maker, cut prices on its flagship Pentium 111 chips by as much as 41 per cent to spur holiday-season
        Bloomberg; FILE PHOTO  -  486 words
      • Article
        Lock icon Toyota considers forming holding company
        366 19 Chairman sees need to strengthen group to face competition AFP [TOKYO] Japan's auto giant Toyota Motor Corp is considering forming a holding company to strengthen group operations in the face of growing international competition, chairman Hiroshi Okuda has said. The car manufacturer, the world's third
        AFP  -  366 words
    • COMPANIES/FINANCE & COMMODITIES
      • Article
        Lock icon Bank of America merging money management units
        365 20 Bloomberg, Reuters [CHARLOTTE] Bank of America Corp, the biggest US bank, said it is combining money management units catering to wealthy people, institutions, and mutual fund investors into one group "to more effectively serve client needs and build our business". Michael Kenneally, now
        Bloomberg,; Reuters  -  365 words
      • Article
        Lock icon UBS interim profit up 13%, lower than expected
        627 20 Pretax profit from private banking slumps 49%, that for Warburg rises 37% Bloomberg [ZURICH] ÜBS AG, Europe's second-biggest bank, yesterday reported a lower-than expected 13 per cent increase in its first-half profit, as some private banking and asset management clients left, undercutting
        Bloomberg  -  627 words
      • Article
        Lock icon Chase Manhattan sets up index to track US$38b in Asian bonds
        488 20 It is created for fond managers who trade Asian credit Bloomberg [HONGKONG] Chase Manhattan Corp has designed a new index to track the performance of US$3B.5 billion (Ss64 billion) in Asian bonds, becoming the only regional index of dollar-denominated
        Bloomberg  -  488 words
      • Article
        Lock icon Shake-up to come at US options exchanges?
        372 20 Cross-listing battle promises more competition NYT [CHlCAGO] Facing new challenges from electronic trading systems and regulatory inquiries into anti-competi-tive practices, the leading US options exchanges opted on Monday for an old-fashioned market brawl. The Chicago Board Options Exchange and the American Stock Exchange
        NYT  -  372 words
      • Article, Illustration
        Lock icon Canadian dept store going under
        161 20 Reuters [TORONTO] Canada's oldest department store chain, T Eaton Co, prepared for the biggest sale in its 130-year history on Monday when an Ontario judge agreed to appoint an interim receiver to liquidate the company's inventory. Ontario Superior Court Justice James Farley approved Eaton's motion
        Reuters; REUTERS  -  161 words
      • Article
        Lock icon Sanwa, Morgan Stanley tie up
        313 20 They will jointly sell mutual funds for Japanese investors Bloomberg [TOKYO] Sanwa Bank Ltd, Japan's fourth largest lender, and Morgan Stanley Dean Witter Co will jointly sell mutual funds for Japanese investors late this year through Sanwa's nationwide branch network. Japanese companies are teaming up
        Bloomberg  -  313 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Futures retreat in tandem with cash market
        258 21  -  STMTIX Reports MSCI Singapore Index Daphne Tay Jardine Fleming THE Singapore stock market had a mixed outing yesterday. Record overnight gains on WaU Street sparked buying of local stocks at the opening but the celebration came to a halt when profit-taking emerged and
        258 words
      • Article
        Lock icon Plummeting stocks drag futures down
        170 21  -  MSCX Taiwan fatores Cecilia Loh Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract yesterday plummeted 10.5 points for the first time in five days with the underlying benchmark TWSE index suffering its biggest plunge in three weeks. The TWSE index posted a loss
        170 words
      • Article
        Lock icon Oil slides on news of German plan to sell crude reserves
        214 21 ENERGY REPORT Reuters [LONDON] Oil's relentless upward march suffered a small reverse yesterday on news that current high prices had tempted Germany into selling off some of its strategic crude reserves. The German Economics Ministry said it would auction
        Reuters  -  214 words
      • Article
        Lock icon CURRENCY REPORT
        328 21 Reuters, AFP London THE dollar was trading more than one per cent below overnight peaks set against the euro and the yen a few hours before a crucial US Federal Open Market Committee's decision on interest rates yesterday. Extensive trimming of long dollar positions ahead of the FOMC
        Reuters,; AFP  -  328 words
      • Article, Illustration
        Lock icon Untitled
        1250 21 INTERBANK CROSS RATES Aug2f *5 C$ gwb Eur Hr Dm HKS Ind Bs gupUH Tw Won Ml HZS Pafc B» Ptto S$ tod Sfr Iff} W Hmt US$ Australia 0.954 6.178 0.608 3.990 1.T90 4.944 27.709 49.193 0.715 7.633 2.420 1211 33.012 25.303 1075 3.884 0.973 20.314 24.437 0298 0.637
        1,250 words
      • Article
        Lock icon Untitled
        1866 21 SICOM FUTURES ,1 u<rn RUBBER (futures closing as it 5.30pm) RSS1 CONTRACTS cwtsAq) Close Volume Open Month High Low Sett (tows) Interest Sep 99 92.00 300 300 Oct 99 95.25 300 900 Nov 99 96.75 300 Dec 99 98.50 300 Jan/Mar 00 102.00 300 Apr/Jun 00 105.50 Jul/Sep 00 106.50
        1,866 words
    • Article, Illustration
      Lock icon HONGKONG
      1402 22 AFP Q Hang Seng *6021 HONGKONG share prices rose 0.4 per cent in cautious trade yesterday before an expected US interest rate rise, dealers said. The key Hang Seng Index gained 60.21 points to close at 13,633.87 on turnover of HK54.35 billion. Trade was. suspended in the morning due
      AFP  -  1,402 words
    • Article, Illustration
      Lock icon CHINA
      585 22 Reuters n Shenzhen B Index +Cl 3 SHENZHEN'S hard currency B shares closed slightly higher in dull trading yesterday as many investors stayed on the sidelines waiting for rumoured measures to boost the market, brokers said. The B share index rose 0.13 point, or 0.14 per cent, to 93.78
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  585 words
    • Article
      Lock icon TAIPEI
      318 22 AFP QVP Index -***** TAIWAN share prices closed yesterday below the psychological 8,000-point level, dipping 1.7 per cent on a lack of new leads. The Taiwan Stock Exchange Weighted Price Index fell 135.59 points to 7,984.39, following a 0.4 per cent decline in the previous session. "There were no
      AFP  -  318 words
    • Article
      Lock icon WORLD STOCK MARKETS
      2271 22 LONDON Industrials PoiiM *h 3i Croup 8.51 0.21 Abbey National 10.28 0.14 A B Foods 4.16 -0.02 A 8 Ports .3.38 -0.03 AstraZeneca 25.30 1.07 AHianca Leicester 8.12 0.04 Allied Domecq 5.58 0.11 Allied Zurich. 7.86 0.20 Anglo American Gold 43.70 unch ASOA Group 2.21 unch Ban*
      2,271 words
    • Article
      Lock icon TOKYO
      1641 22 AFP P Nikkei 225 -138J4 TOKYO share prices fell 0.8 per cent yesterday as investors took profits after strong rises on hopes of a recovery in Japan's banking sector, brokers said. "A cautious mood emerged after the recent fast-paced rises," said Kazunori Jinnai, a broker at Daiwa Securities Co
      AFP  -  1,641 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Investors turn cautious ahead of data release
        429 23 AFP, AFX-Asia H Composite Index +189 MALAYSIAN share prices closed slightly higher yesterday in lacklustre trading as investors remained sidelined before the release of second-quarter growth data, dealers said. A dealer with a local brokerage said the market succumbed to selling pressure amid
        AFP,; AFX-Asia  -  429 words
      • Article
        Lock icon Untitled
        8397 23 INDUSTRIALS Consomor products '999 Lut Vol Day Net Cap Hfrfc Lew Campany Sale 'OOP High Law P/t join 440 255 Ajinomoto 320 unch 1 320 320 20.3 129.7 174 46 Angkasa 116 5 310 120 112 171.0 404 220 Apollo Food Hlg 330 B 33 332 324 11.5 132.0 294
        8,397 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Lock icon Untitled
        2194 24 BONOS, LOANS i WARRANTS m 52-Wk Last Vol Day Last Ouott Avg High Low Stno Company Salo *or- COOO) High Lav Buyor Sailor Price 104 3 s 3160 "Acer ******1USS 55 -4.5 785 63.5 515 54 5 56 80 4.5 s 3164 Acma ******4 42 -3 533 48 41 42
        2,194 words
      • Article
        Lock icon Haw Par wrt: one for the risk-averse
        177 24  -  WARRANT WATCH -By R Sivanithy ONE stock that has underperformed the market for some time now is Haw Par. It has a 2001 warrant in issue that has some pretty interesting numbers so if ever something major or exciting happens with the company,
        177 words
      • Article
        Lock icon CLOB INTERNATIONAL
        239 24 HONGKONG STOCKS Gr Ct 52-W* Last vol Day Last Ouott Dtv Mv VM Nat M Cap High Law Stno Company >«K fOOOt Hl» Law Buyac Sa«ar CV Pft Sfl* 365 173 5123 COL (2000) HK 272.5 2575 330 8 3.7 2.9 9J 539U 5124 Cathay Pac 20c MK
        239 words
      • Article
        Lock icon WELLINGTON
        284 24 AFP Q Wellington -17.39 THE New Zealand share market closed down 0.8 per cent yesterday despite a recordbreaking performance on Wall Street overnight. The benchmark NZSE-40 Capital Index ended down 17.39 points at 2,133.75 points on turnover worth NZ$7B million.—AFP >hm m ctooi Advantage HDS 2.50 0.13 1W Air
        AFP  -  284 words
      • Article, Illustration
        Lock icon BANGKOK
        875 24 AFP d SET Index -L 64 THAI share prices closed 0.4 per cent lower yesterday, with the resignation of the chairman of Krung Thai Bank pic undermining support for finance stocks, dealers said. Meechai Viravaidya said he chose to resign because of what he saw as a failure of
        AFP  -  875 words
      • Article
        Lock icon SEOUL
        413 24 AFP Q Composite Index +1433 SOUTH Korean shares closed 1.6 per cent higher yesterday following a record close on Wall Street and reports that the government may place the Daewoo Group under a rehabilitation programme, dealers said. The Korea Stock Exchange Composite Index closed up 14.83 points at 932.41.
        AFP  -  413 words
      • Article
        Lock icon SYDNEY
        662 24 AFP QAD Ordinaries -ILB AUSTRALIAN share prices closed 0.4 per cent lower yesterday, disregarding a record close on Wall Street as investors took profits before an expected US rate rise. The All Ordinaries Index fell 11.8 points to 3,052.40. The All Industrials Index closed down 13.3 points at 5,252.40
        AFP  -  662 words
      • Article, Illustration
        Lock icon JAKARTA
        726 24 AFP H Composite Index +L 44 INDONESIAN shares closed 0.2 per cent up yesterday due to positive regional trade sentiment despite ongoing concern about an interbank Scandal, dealers said. An analyst with Harita Kencana Securities said the market was up in early trade in line with regional markets but
        AFP  -  726 words
      • Article
        Lock icon MANILA
        317 24 AFP Fl Manila +28J6 PHILIPPINE share prices closed 1.3 per cent higher yesterday as investors discounted the effect of the impending Federal Reserve meeting, analysts said. The Philippine Stock Exchange Composite Index rose 28.16 points to close at 2,248.93 points. Volume totalled 1.38 billion shares worth 2.68 billion pesos.
        AFP  -  317 words
    • Article
      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7241 25 Transaction date: Aim 24 I LJit Vol Day Last Quata H> M M Cap aTq Mt L»w StNo Cgggjgg Sala COOO> High Law Buyar U*m Cw P/I £5 Prtti MULTHNOVSTtY 'f! 17 5 m b lOOO AcmaSOc 128 -5 253 138 128 128 130
      7,241 words
    • Article
      Lock icon SESDAQ
      1391 25 >*'** Val Bay LMtOwto Dk Ml ra IM to A™ L— Wh Ciw>wy U* *h rOOOt »8» L— 8»yar M» Cw W Mw ?iS J2 c 2049 'ASAutelOc 190 3 1*7 197 182 169 190 K> N 0.5 216.9 W9 3.1 J& C 221L tH.H& i20c St 5 *l
      1,391 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Lock icon Untitled
        397 26 Stacks Vota dm •Genting Int 75,591,000 Asia FoodiProp US$ 64,691,000 Golden Aqri USIOc 43.557,000 Hotunq In* NT5 43.028.000 Eagle Brand Hldqs HK75c 29,165,000 IPC Corpn5c 28,253,000 DraqonLand 10c 25,080,000 Roly Int USIOc 22.707,000 LionAsiapac25c 20,662,000 GoWtron 20c 20.001,000 Stacks SwView 61,994,400 Asia FoodSProp USS 42,992,175 •Gentinq Int 35,545,120 DBS Land
        397 words
      • Article, Illustration
        Lock icon Early surge fizzles out as investors lock in gains
        664 26  -  STOCK MARKET COMMENTARY Profit-taking too tempting amid caotion over US interest rates and memory of recent market slide By R Sivanithy MONDAY'S exertions proved aU too much for the local stock market as the need to take profit yesterday brought severe
        664 words
      • Article, Illustration
        Lock icon HOT STOCK
        64 26  -  By Wong Wei Kong IPC Corp shares fell 1.5 cents to $0.33 yesterday with 28.3 million shares traded, compared with its 10-day traded average of 12 million units. The RSI, Stochastics and MACD charts are mixed, suggesting that the stock is likely to consolidate in the short term
        64 words
      • ON THE GRAPEVINE
        • Article
          Lock icon Fun pub luck
          127 26 THE popular fun pub Brannigan's at Hyatt Regency hotel, which closed down to make way for the more upmarket Brix, is reopening at a new venue, Chymes in North Bridge Road. However, the new pub will not be owned by the Hyatt. Apparently, some enterprising soul had
          127 words
        • Article
          Lock icon Hot bids
          60 26 THE tender for the sale of two Malaysian brokerages—Halim Securities in Petaling Jaya and WK Securities in Kuan tan —is expected to receive bids from many interested parties, including foreign parties. Listed Kuala Lumpur City Securities is expected to put in a bid for WK Securities, the sole
          60 words
        • Article
          Lock icon US ratal and Asia
          93 26 ING-BARINGS remains bullish on Asia, notwithstanding the possibility of rising US interest rates. In its August strategy report, it said: "While economic recoveries are gaining momentum, current account surpluses look set to remain in place across the region. The lack of an external funding requirement implies
          93 words
        • Article
          Lock icon Beetle mania
          123 26 STAG beetle mania in Japan has crawled to new heights. One avid collector paid 10 million yen (*****,400) for (me such bug, reported news agency AFP out ofTokyo. The collector, a Japanese corporate chief whose name was kept secret, paid the money because the male giant stag beetle
          123 words
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      49 17 (This appears as a matter of record only) L.C. Development Ltd (Incorporated in the Republic of Singapore) The Proposed Acquisition of the Entire Issued Share Capital of L.C. Hotels Pte Ltd Independent Financial Adviser to the Independent Directors BANQUE INTERNATIONALE BlUll A LUXEMBOURG BIL (ASIA) LTD. 25 August 1999
      49 words
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      485 18 DEUTSCHE BANK AG acting through its London branch NOTICE TO WARRANTHOLDERS TO: ALL HOLDERS OF EUROPEAN STYLE CALL WARRANTS RELATING TO THE BASKET OF SINGAPORE BANK STOCKS ISSUED BY DEUTSCHE BANK AG, ACTING THROUGH ITS LONDON BRANCH, ON 3RD MARCH, 1999. Notice is hereby given by Deutsche Bank AG (the
      485 words
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      129 19 2nd September, 1999 (Thursday) Sheraton Towers 39 Scotts Road, Singapore 228 230 I.oopm Registration 2.55pm Tea Break 1.30pm Welcome Address 3.30pm "VPN Deployment Methodologies" Mr Neo Kok Beng Mr Benjamin Lee President IT Security Consultant DigiSAFE Re Ltd DigiSAFE Re Ltd 2.00pm "Security Architecture in E-Business" 4.15pm "Introduction to CA"
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      255 20 GOLDMAN SACHS INTERNATIONAL NOTICE TO WARRANTHOLDERS TO: ALL HOLDERS OF EUROPEAN STYLE ZERO STRIKE CALL WARRANTS RELATING TO THE "LOCAL" DESIGNATED SHARES OF THE DEVELOPMENT BANK OF SINGAPORE LIMITED ISSUED BY GOLDMAN SACHS INTERNATIONAL, ON 7TH MAY, 1999 AND 19TH MAY, 1999. Notice is hereby given by Goldman Sachs International
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      239 20 MERRILL LYNCH INTERNATIONAL CO. C.V. NOTICE TO WARRANTHOLDERS TO: ALL HOLDERS OF AMERICAN STYLE CALL WARRANTS RELATING TO THE BASKET OF SINGAPORE BANK STOCKS ISSUED BY MERRILL LYNCH INTERNATIONAL CO. C.V., ON 29TH JANUARY, 1999 AND 26TH FEBRUARY, 1999. Notice is hereby given by Merrill Lynch International Co. C.V. (the
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      134 22 WHATEVER THE FORECAST, WEATHER IT Get real with The Grand Vitara, the 4x4 specialist that's prepared for any climate with its powerful 20 2.5 litre V 6 engine. So whether the future holds upsides or downturns, you can face it with confidence. Test drive The Grand Vitara today, and at
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      40 24 I r Hey! Now I can I I programme I J my Stock Alert by 4 J phone or internet L. 'Si jjgA. J anytime, anywhere! Your ONE-STOP financial hub. ppß|Ka| 95 South Bridge Road *11-01 Pidemco Centre S(*****7) 625^323
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      1399 26 Short of cash to invest 7 Triple vour cash ,vitn our Margin -Irancing l Call TSS investor Online 3t 323-3955 ODKSBANK THE STRAITS TIMES CLASSIFIED- YOUR GUIDE.TO MORE PRODUCTS SERVICES NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 THE COMPANIES ACT. CAP. 50 WEU CREATOR PTE LTD
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      58 26 Classified First. M Want to get a laptop? Or simply get computer savvy P Log on to the best site: j Check The Straits Times Classified First. ftfr I CATS. I 1 Buy It Sd k. Find It w Mb Ivbw weekly iniie te p«bs end leueees fc A >
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      275 27 Bridge News, Reuters TRADING continues to be sluggish with details of concluded business scarce. Atlantic Panamax rates are expected to hold fairly steady despite the current quietness of the market. TAMKBMc The Caribbean and East Coast Mexico Aframax market was quiet again as brokers assessed the effects of
      Bridge News,; Reuters  -  275 words
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      Lock icon MARITIME STOCKS
      265 27 nw n *h w CWT Dittrlbutlon 1.35 -0.01 202 CfluanHup 130 -0.01 644 Cosco Investment _L30 uncft 8) ftMfMLMa 0.39 uncft ***** GB&Mlngi 0.99 OCT 197 Hal tun Hi* 0.74 -0.03 SOW ■KHaMkigs-MK —5.60 jnch 0 IIWlHllp '00 -0.04 242 JuronaSNpyart 7.75 0.05 101 IMppelCerp 5.60 -0.10 O09
      265 words
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      Lock icon Nortrans starts joint S-E Asia to India service
      394 27  -  Locally-based firm also aims to expand shipping agency business worldwide By Marcus Hand [SINGAPORE] Locally-based Nortrans Shipping recently expanded its liner services to cover the Indian sub-conti-nent, and is looking to expand its shipping agency business across the globe. The new service
      394 words
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      Lock icon Mitsui Soko offering document storage service
      310 27  -  By\ S Shivani [SINGAPORE] Mitsui Soko, a Japanese warehousing company, hopes to add another dimension to the traditional concept of warehousing in Singapore. Its records management system is based on the premise that every company has its share of documents to hang on to.
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      Lock icon Singapore's initiative shows it is a responsible flag state
      756 27  -  STRAIT TALE By Seafarer THERE was a considerable amount of good news about the Singapore Registry of Ships. The total tonnage last week exceeded the 23 million gross ton (gt) mark with the addition of A P Moller Singapore's newest very
      756 words
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      Lock icon Cruise liner, cargo ship collide off UK
      392 27 Three passengers injured, container ship ablaze in English Channel Reuters [DOVER, England] A cruise liner limped into the English port of Dover on Tuesday after a collision with a cargo ship which left three passengers injured and the container ship ablaze. Two helicopters
      Reuters; REUTERS  -  392 words
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      Lock icon Hyundai to invest 7t won on research
      204 27 Bloomberg [SEOUL] Hyundai Heavy Industries Co, the world's largest shipbuilder, said it will invest 7 trillion won (559.7 billion) over the next decade in engine development, robot business and power generation technology. With the 7 trillion won investment, Hyundai Heavy said it aims
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      Lock icon Questions hang over CI-642 crash
      720 28  -  AIR SAFETY Aviation experts want to know why plane tried to land during a typhoon Hi, Mark Landler NYT in Hongkong AS investigators pored over the wreckage of a China Airlines plane that crashlanded here on Sunday night, aviation experts began asking questions about the
      NYT; FILE PHOTO  -  720 words
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      Lock icon Asian airlines safe, says official
      384 28 AFP [MANILA] Asia-Pacific airlines remain among the world's safest, despite a series of fatal accidents in recent years, an association of regional airlines based here said on Monday. "You can compare statistics among regions, and while statistics vary, they are still incredibly safe," Association of
      AFP  -  384 words
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      Lock icon SHIPPING SCHEDULES INDEX
      294 28 PACE Eng Lee 13 AHL 3 ESP Lines 13 AASCO 12 Ewgreen 6 Accord 8 F «»QSun 8 Ahr«iit#l u Frota 13 s AsiaOCL 5 GUn 4 Austral 8 GwMr,r4cs 6 Avant 14 Gws 13 B tang Mas 8 Wofylta* M HaiSunHup 12 8TL 14 Hin 7
      294 words
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      Lock icon SHIPPING GUIDE
      20532 35 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vmtl Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number ■■■■MHMaHMHMMIMaHIMMnHBHMNHMBHnMI MHMHMMIHMMMMMRMMHMMHMMMBIMMMMfaMnMnMNMMMMI (K/09 27/09 Evergreen E. GARDEN 0300-079W 65 392im To ABIDJAN (ABJ) 2003 Cote D'lvoire 27/09 K Hun prosperity contain
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        757 41 fSSt Voy No Berth Arrival Dtptrturt a JJJ5 J m 24-0+15-00 »0W J02 24-06-700 24-09-23-00 SL^5 i 5? r W* 99 JW 24-06-8:00 24-*****9 J*f«» <* 24 J22 24-06-7:15 28 08-7:00 Z4-W6 J» 2406*45 2406-1500 f«*r2 ***** JOI 2406-9:35 24-08 23:00 52 J05 24-08-9:50 25-08-6:00 *I ***** J01
        757 words
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        Lock icon CONTAINER SCHEDULES
        1678 41 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Bookinf/BalMc* litis Sh»P Voy No Etb/Btr Ptflod From To From *ci mm 0121 ct/otoo u 24/1500 2VN99 ivrm 24/H00 2VIW 24/1900 U 24/1700 25/0*99 25/0900 a 24/1700 25/0*54 25/0000 3 2V0T00 25/fB* 25/1400 4 25/1200 25/1459 25/1700 «(H O-mim Otn
        1,678 words
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        Lock icon GLOBAL HOLIDAYS
        193 41 An* 20 Philippines: National Heroes Day. AagdO United Kingdom: Summer Bank Holiday. Aaf 31 Malaysia: National Day. Sep l Mexico: State of the Nation (optional). Sop* Canada: Labour Day. Luxembourg: City Kemesse. United States: Labour Day. Sep IS Japan. Respect of the Aged Day. BaplS Independence Day. Sap
        193 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        751 41 THIS report complied by Cockett Marine Oil Ltd. shows price ranges In US dollars Instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the Individual
        751 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        429 41 c«rtw m Ma 990.0 11 xtjs 0.09 n on *■0" 0»n*tty N«t*r IhMm Ask AJmMm SiMmi* to Wow t25 0 110 0 1 380 Aw 964.8 0.4 R0 0.07 37 0.02 Umm 380 MM 1005.0 2.5 8J 0.13 235 0.00 »wv mm mmw to«tow635 5 2
        429 words
    • AIR & LAND TRANSPORT NEWS
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        Lock icon HK airport struggles to handle delays caused by crash, storm
        407 42 CAL CRASH DT HE Thousands of passengers face chaos as dozens of flights are cancelled AFP [HONGKONG] Thousands of passengers faced new travel chaos yesterday as Hongkong airport struggled with the aftermath of the China Airlines crash and the fallout
        AFP  -  407 words
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        Lock icon Authorities hint of pilot error
        427 42 HE officials' top priority is retrieval of plane's black box recorders Reuters [HONGKONG] Taiwan aviation authorities yesterday hinted strongly of pilot error in the China Airlines crash in Hong Kong over the weekend, saying crosswinds were too strong for a safe landing. Civil Aeronautics Administration
        Reuters  -  427 words
      • Article
        Lock icon China Southern Airlines jet overshoots runway
        170 42 Carrier vows to tighten safety measures Bloomberg [SHANGHAI] China Southern Airlines, China's largest carrier by fleet, pledged to step up safety measures after a second jetliner overshot the runway in less than three months. A Boeing 737 aircraft ran off the runway on Monday
        Bloomberg  -  170 words
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        Lock icon Fire injures 28 passengers as UNI plane lands in Taiwan
        291 42 AFP [TAIPEI] Fire broke out on a UNI airline plane as it landed in the eastern Taiwan city of Hualien, injuring 28 passengers, officials said. "Fire broke out in the luggage cabin above the 10-12 row of seats when the
        AFP  -  291 words
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        Lock icon Boeing confirms talks with China on 717 production
        313 42 Reuters [SEATTLE] Aerospace giant Boeing has had talks with Chinese authorities about China being a possible source of production for wings for its new 717 short-range jet liner, a company spokesman said. Warren Lamb, spokesman for Boeing's Long Beach, California division, said
        Reuters  -  313 words
      • Article
        Lock icon UPS moving some cargo to trucks due to railroad delays
        334 42 Bloomberg [ATLANTA] United Parcel Service of America (UPS), the largest US package-delivery company, said it will truck as much as half the cargo it normally ships on former Conrail Inc rail lines because of delays. CSX Corp and Norfolk Southern
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        Lock icon Lufthansa, PAL may start cargo service
        168 42 Bloomberg [MANILA] Philippine Airlines Inc, the country's flag carrier, said it is in talks with Deutsche Lufthansa AG, Europe's second-largest airline, to set up a joint air cargo service linking Manila with •'""'WWThe joint service is expected to take effect on Nov 1, with
        Bloomberg  -  168 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1407 42 CUT FU6MT ETA FU6H7 ETP S***** 1605 $***** 23S0 MW* AN8230 1850 LH6373 2355 LH6381 1850 S026 2355 ***** mo r*Mb S098S >ms s<wo ojos Amtartw KLM3 0435 IU38 2300 taattn CZ351 2045 C2352 0035 r »23 0705 S0328 2325 MmT VK741 WO VN742 0905 S?12
        1,407 words
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      22 27 Air safety: Questions hang over CAL crash Aviation experts want to know why plane tried to land during a typhoon. Page 2
      22 words
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      169 27 HE airport struggles to handle delays Passengers face chaos as flights are cancelled due to CAL crash, storm. Back Page news travels fast SIM i \l'< )|\l:. when \ou w.inl to reach out to a select tariiet audience in iho transpoi 1 ant! logistics industi \.«»nl\ one dail\ oilers \ou
      169 words
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      1228 28 1 NORTH AMERICA I EXPORT I I OTHER DESTINATIONS SSX SUPER SHUTTLE EXPRESS- PWECT TO LONG BEACH fT"! J~WESTOQAST OFCENTRAL AMEMGA (MARGARITABERVICE) 1 mm wr iHn n»M ummoi owns hwbkw cmcaoo wwtom mbcdott wn vot f"WI rtowrml acabm I saimp—| co—to 1 b"»im»| mmothmal f OOaMUKA 17TS* 11/ M I
      1,228 words
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      696 28 Ljn 4 repreeerted \wSpl/ Accredrted Shaping Agents, National Shipping Aaeoc Members ol the Singapore Freight Forwarders Association m ULY LINE MALE VESSEL VOY ETA [~ltt ETA P. KLANG SPOKE MALI Empress lily V 0499 27/08 25/08 04/09 Princess Lily V 0899 10/09 12/09 20/09 Empress Lily V 0599 30/09 01/10
      696 words
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      1092 29 TO EUROPE FROM EUROPE Vtssa VOT ii IT» <1 HM SOD m IfH IIvESSE VOT I tTM >W HMI wv sou m IfH sw I ML an* 013W 23/00 09/09 11/09 14/09 00/09 HYGBCUU 3191 21/07 31/07 03/00 21/07 21/00 HYIAMN 321W 20/00 10/09 IS/09 14/09 13/09 MX BIS 010(
      1,092 words
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      1857 29 ©HANJIN SHIPPING WkMPE LNih*.Lj. -Mb *****30 HANJIN SHIPPING PTIITO Imp* w* OOOUNG *****35-237 SAIES *****24 231 DOCUMENT *****71-274 OfHUTIOKS *****50-251 IAMI UNE *****55 HI *****44 040 lIS34OIMOM TO NW USA A CANADA! USA WUWL* "wva/vor MM SH UMHAU./VOT SEA TW DO POX T~oi KP POT DTT ["""Si PM \~~m Wt
      1,857 words
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      Lock icon Page 29 Advertisements Column 3
      374 29 _w__m_S SHEB I w P*pH MMMU m |b/W| X/W I 1 ;>y I S'ffl I ISiuS^ 1 1 liu ISfIST v mm 7i» h/m jvb do* Mf "niS mm Iss 1 wiSliffuitffiShmrtß Hft|M/wl6^g *ap*Hu* tia vm a/w »\/m tvw ?|8 I IW/W 191ji |9Vgj B/W nwasM fin vm n/w ew
      374 words
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      1421 30 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA vtssa wt tm lb< iiw <w mil w m vessel Ivor Ism an Pt "rot wx HMUMnmUM) BMBS7 M M ltd 11M 12 HMM 14 M IIM MZMXXM BMBS7 IMM 11M MM MM IIM "51? HANJM KEEIUNG *0*37 T7 M IIM 1(M MM 17
      1,421 words
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      938 30 ■LAfl MAC-NELS S'PORE M'SIA Carrier: MN CONTR LINES, INC p. guoang: (or) *****26 l~l\/\~ J CMMO 180B871BQ0UE SIBU: (084) *****9 MAMLA: {**********4 PENANQ: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31 *****11 P- KELAHQ: (03) *****77 JKT: (21)*****46 KUCHING (062) *****1-3 """BSI AUCKLAND/LYnEHON MV "HJ KtELUNG VO7OW MV P NED LAGOS
      938 words
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      555 30 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Ve««l SPORE N .SHEW COLOMBO P KLAMC TULSIOAS V.113 30 AUG 17 SEP 14 SEP 11 SEP TARPON SILVER V.163W M SEP 14 SEP 21 SEP 26 SEP CAPE CANAVERAL V.IIIW 13 SEP 21 SEP 21 SEP 63 OCT TULSIOAS V.114 21 SEP a SEP
      555 words
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      1548 31 IVEBSEI. VOY KHH HKO SIN PKO PQB DXB PMM BA BBC IRAN TABATABAEI PCL-5118 18/08 20/08 24/08 2S/08 03/00 04/00 08/00 07/00 00/00 MAN SATTARI PCL-5117 29/08 27/08 31/08 01/00 11/09 12/00 13/00 18/00 17/00 IRAN TEYFOURI PCL-5118 01/00 03/00 07/00 08/00 17/00 18/00 10/09 21/09 23/00 MAN BAABAEI PCL-5119
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      1057 31 DirMl Calls to fUtm (i ltays),| toffi C 7 Nry) Wtfi ft Wmpt J I" SINGAPORE'S GENERAL AGENTS: 80 ROBINSON RD TEL 226 1900 FAX: *****0* OUTWARD {I A) *****02 ™^OHOSrOFB3r" l, COSTAR SNIPPING PTE LTD #12-00 SAIES/MGS *****57/A0 INWARD DIPT (d/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CR
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      1057 31 [export import ISSU 1j5.i..%l l >%| l gLlj|lB.ljl!fc|j|«.| a %lBa, lIS fff. '.W. I.M> NHL IA unt CNWOB w > HHNt 11—.——MfBaowwaww>W>H—IHNWPW>»NI TIANSFAQWC SBTVKI EXPORT IMPORT vissa Ivor m m om vissa vot lgi oai si woao MgZfr/M MUAISO. 009W 99/01 12/01 31/01 NJtOW MM M/W nm vm MiaBMLBUMLaMBBm lUCOLOMBO
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      1241 32 I EUROPE/UX/SCAWDtWAVIA/RNUUiD/RUSSm B S6P ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SEP I E DELIGHT RW 009 29*8 IMS 22*0 11/09 20/09 21*0 7Vn E RACER RE-028 21/17 I7M MM 08/96 16*8 29/16 38/08 1 E DIADEM RW-007 OS*9 2M9 29/09 25*9 27*9 28/09 29/09
      1,241 words
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      607 32 sSSgPff PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Budding, Singapore *****0. CR NO **********06 |n?» m m m ZHZZTsrp m w —m —m —m m ES L w I L 3 »w 74/» M/f 11/1 ig. Ia 11 aWSS I POrSUB*»«*SUW»,«MUttUtKWHUaut6OWMBI Br 6 i gay I
      607 words
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      409 32 50 TELOK 6LANGAH ROM) #02-02 CJTIPOm COfTR£ S PORE *****8 TEL. *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY. ETA ETO DESTINATION IRIMAWA 05/99 31/W/99 01 At/99 PALEMBAN6/PKL BALAM ILMAMUI 08/99 01*9/99 02A9/99 PONTIANAK IRIMAWA OM9 10/09/99 11/09/99 MUNTOK ILMAMUI 09m 11*9/99 PONTUNAK For eat*
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      461 33 BSA ii. M MYANMA ÜBk FIVE STAR LINE (Myomar National Um) Loading for Ya 1901 (Rangoon) vesse voy sm m km pgu SAGAJNG MW Sl* KING TUNG 4W SU> UUTJU AGENTS: OOUSTEAD SHIPPING AGENCIES KUL TH. (03)*****00 PBl: TE (03) *****01 PBfc TE (04) *****0? PGU: TTI (07)*****21/4 igft BANK
      461 words
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      1287 33 HMM^ HYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOT |SU SOU I 184 I BTBI I AWT HAJB BtV I fg. IVBSB VOTI SOU I IB! 1 Bnß 1 AWT WABI 1 BtV I B SB HYIARON 321W 26/00 13/09 10/09 15/04 16/09 MX BIS Old 06/08 07/00 01/00 03/08 25/00
      1,287 words
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      880 33 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA "CAR RORO HEAYYUFT SERVICE* [vessel vor mop height gj lax at ma sav mi otf mtc wiwTiori TAJKO AHO4 *00 ftJM 24/08 21/09 30/09 03/10 05/10 WIT 6l7ir To7iF WiO~ WIF" TOUtCOWG AHOS 4001 MS 6JM 09/09 11/10 19/10 22/10 24/10 26/10 27/10
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      1677 34 RAHOKOK/MAP TA WHIT/UIM CHABANO J A K ART A/PAN J ANO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN [~~JKT PJN NANTA BHUM" 460N In Pt 28/06 29/08 QURU BHUM 143S In Pt 29/06 I YANTRA BHUM 3Q6N 2C/06 29/08 28/08 VIRA BHUM 275S ~jnPt 26AM 29AM KOTA HARTA
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      48 35 „hb y- Calling More Than Hound tin world Contakw Strict 1500 Worldwide Destinations. Find out more on Pg 13 For Complete US WEST COAST Schedules middle east INDIAN SUB-CONTINENT Information a «d<o u ,o U rD»i ls on Pg 7 Daily Turn To Pg 5 M D'OCEAN LINES
      48 words
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      47 37 —(Retrieve more schedules!) Press "1" cx jpv Select the port and key in 5 the four digit code —eg: To New York (NYC) 2275 Key in your fax number I your phone number Another innovative service offered by The document will be Shipping Times s Zai> tinsel.
      47 words
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      173 38 Mf tbppf Ltd. tfiw i%y ait aw acttwww (TOREST PROOUCTS SERVICE) (Sfi Cini Service For (3»frb—« /F' Hi /Cocwh^J) EUROPE SERVICE Also cull othtr went Australia ports subject to indutffm-nl TAW SKN KKU TNU VESSEL VOY. SIN CXI FML COS RUMN STELLA V3IA SAILED SAILED SAILED THOU KIRSTEN 4251 28/
      173 words
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      182 38 lIJMIVJiIIiI i]lh*F/ilT7^^H SHIPPING LINE m,Vj yji t j>l II d U I 1 LIBYA Tornuo mnohazi misurata tkipou U*J IvKsamil vot wo I I wt I m ymamw I dbi I to» I 1 bs I m MM $117 SPfOAUSTN 31/W H/W IZ/W am IVW 7VW ?VW M/W P/W TFfHMJB
      182 words
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      139 38 WW TIMS/ WtH SAIUW6S: P. GUPAWC/SIMGATOtI SOUTH BOUMD I wsa wr I BMUSMH »iys Mum MKWtf) nimam trns mi nun Z7/Wim ■AMI v/mam SAML BIMASMI WZB agflg 3MHMM may MB a/wan 31/wnue tmuawti fiTg jibing) «i/Wfi»i| NOtTM lOOMD mm wr s* ramc bmusmki Sfrnw ~&y[wui ■man urn p/wwn vmm bmaswi
      139 words
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      697 39 —!—SAMUDERA SHIPPING LINE LTD ■■PB 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********80 TEL: *****88 FAI: *****29 (OUTWARD) ******3-4 (INWARD) /*****18 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LINE: 535 6266 Celia/Jessica/Mei Chan/Jeslynn/Dora/lvy/Hanim FfillfillWißattiittaSttSl 8 SLGS/WEEK [*****131 EVERY 4 DAYS [VESSEL VOY SI JAK luttyi
      697 words
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      858 39 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO 1 W6 I SNI 1 JKT I SUP I ILtt I W>G 1 COO OOP I HAI I NT! I 0»f SAV I WW lAO HOtT] HOtOH MNU /OSS? 22/00 20/00 02/00 04/00 17/00 12/00 24/00 27/ Of 24/10 27/10 20/10 31/10
      858 words
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      105 39 SHIPPING WAREHOUSING Bet on: Singapore U«dmg Duly Man to S* (BATAMINDOI/OI) Cvgo Reefer Contaner fetal: Singapiw I Man. Wed &Hn (BATAMINDOII) Aaxptmg FCI A iwrwerocmai/Projea Heavy Lift C«go Tel: 227 0322 Fax: 222 9330 tot nib do Shipping Worilnnh| ft* Ltd 7A »«■< 1«<«1 P"»» <—n»» —S-SlTN|i|i I OWM RE6ULAB
      105 words
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      551 39 hfltt ENG LEE SNIPPING CO PTC LID I I u SI3M7S (4 IkHl tali SMNM/UMtM I r d mwwim I vissa VOY &M CTA SM m> KSTBUTION UmS»l7 4/99 23/08 25/06 wmt OecwiwjE 8/99 24/06 25/06 BMng/SMboyo tawtow* 8/99 24/08 25/08 brtag/Sagfcm oo*fc m 1/99 24/08 25/08 5^ Buonc tad
      551 words
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      513 40 I VESSEL VOY SIN MAASIN| TKSER SEA 729N 26-2006 30-02/09 o*o7/09 I TIGER BAY 730N 29-30/06 03-06/09 11-12/09 I TIGER ISLAND 731N 31-01/09 05-10/09 14-15/09 I TIGER PEARL 732N 04-05/09 09-12/09 17-18/09 I TIGER SEA 733N 12-16/09 20-21/09 I TIGER BAY 734N 11-1209 16-19/09 24-25/09 I IVESSE^^VfO^^SW^^CAL^SH^^I TIGER CAPE 391CN8
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      890 40 FREIGHT LINKS EXPRESS ox: *****77 E-mail: flesinQsingn«t.co«n.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO 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 832-*****113 flfnaOasioonline.net Surabaya 62-31-*****00 flesubOindosat.net.id
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      983 40 OOCL (Sinoopore) Pte Ltd CFS Keooel 65 CM* St OCBC Ctr #42-00 *****13 Bfc 513 #***** L L J CI NO 11S7S7MOOOH U 177 71J7 F***Mg "KJB kfc ******3 Fu: 43* 2966 Fo: 272 7125 MM One* Overseas Container line "W (Moicryjia) Sdr Bhd <R«9 No: *****2-U) ca l PfUUNGJAYA
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  • Page 41 Miscellaneous
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      125 41 I LEGEND: R Thunderstorm Temperature »q Shower Weother Wind (ftrection with speed m knots ee Rom Cloudy Sky Wow height Serfoce winds ore indicated by arrows which tty with the wind One tul circle represents cotm or light ond variable winds i— One half Heche represents 5 knots L-. One
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