The Business Times, 26 August 1999

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Microfilm: NL21522
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MJTA (P) 0#ki2tfi8 85c SINGAPORE Internet: http://business-times.asial.com.sg/ THURSDAY, AUGUST 26, 1999
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  • Article
    Lock icon MARKET SUMMARY
    62 1 Din VMM (+16.34) n™ Lj7*U»(+2.69) flsDßGinnroiEs LJ 28U0 (+2.00) nUABKETIOODc lißni fffOGX HAIXFT INDICES Wednesday Change KLSECOMP 7W.4J 4.71 Nnan 173u.11 mm HANG SENG 1****** 1R74 SET INDEX 468.7 JAKARTA COMP _J8UI -0S6 MANILA COUP —1260.14 +1111 TAIPEI WFI 8,117 Jf +***** SEOUL COMP NLM +XM CLSA CHINA
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  • Article
    Lock icon FINANCE
    75 1 FOBEX BATES .USI SI U8t t.m £(UM/Slper£) \M1 MM 0JRO(US$/S$ per E) 1.049 1.776 DM LM 0J08 YEN 111J LM* KM UN 0.446 HKJ 7.7i4 1218 BAffT S8JS 0.044 HJPIAH 7,010 0.022 'Stto 1M unto FUME BATES SINGAPORE* 5.80 KUALA LUMPUR 715 JAKARTA 4Mt BANGKOK ltd MANILA 11M HONGKONG
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  • Article
    Lock icon Developers urge govt to be cautious in land sales
    397 1  -  They point to ample private boosing supply in market to meet demand By] Lilian Ang [SINGAPORE] Real estate developers, led by property tycoons Ng Teng Fong and Kwek Leng Beng, have urged National Development Minister Mah Bow Tan to adopt a
    397 words
  • Article
    Lock icon Stay tuned to the Fed
    525 1 EDITORIAL BY raising the US federal funds rate 2S basis points yesterday, the United States Federal Reserve did the expected thing. The-financial markets, also as expected, reacted mildly. The benign market reaction may stem partly from the reassuring statement by Fed chairman Alan Greenspan that
    525 words
  • Article
    Lock icon SilkAir crash findings: Analysts worry over impact on SIA shares
    1163 1  -  By C Conrad Raj, Ven Sreenivasan [SINGAPORE] The finding that "unlawful human intervention" may have been a factor in the Dec 1997 Silk Air crash could hit the shares of Singapore Airlines (SIA), Silk Air's parent, analysts said last night.
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      135 1 nigra M'sia Q2 GDP hits 4.t Full report Pg 5 KDD, SnrfTel talks Japanese international giant KDD is negotiating with Sing Tel on a deal that would give the two companies a 5% equity stake in each other, Pf 21 bttoUack Cycle Carriage surprises with a net profit of $56m
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      54 1 New baying wave for US, Asia stocks, Pg2 Gentler Greenspan, Pg 3 If (the Btink Bah case) goes on, the answer is yes, the IMF can t afford B another Russia. >s.> v h u sett s n st! luto of T t vhno v v q\ tvononns! P.Uil Kriivju^^n
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      Lock icon Page 1 Advertisements Column 3
      134 1 The real-life A The se s peaking jj counterparts are sprouting up faster than you can RJ report, Suite, <tt Jf# BVLGARI CONTEMPORARY ITALIAN JEWELLERS i o ■A. (V v fl^jr K j B V LC A R I E3 V L_ <3 A R I B V L.O A
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  • FOCUS: MARKETS
    • Article
      Lock icon New buying wave seen for US, Asia stocks
      735 2  -  With US interest rate hike worries behind them, investors will focus on worldwide economic growth, say fund managers From, Andrew Marks in New York STOCK markets in both Asia and the US should post solid, if unspectacular gains, said many US fund
      735 words
    • Article
      Lock icon HK shares fall 1.1% following Fed interest rate hike
      288 2 AFP [HONGKONG] Hongkong share prices fell 1.1 per cent yesterday to end five consecutive sessions of gains after the US Federal Reserve Board's decision to raise key interest rates by 25 basis points, dealers said. The Hang Seng index lost 154.74
      AFP  -  288 words
    • Article, Illustration
      Lock icon Fed hike leaves S'pore brokers unfazed
      466 2  -  They're still worried about China-Taiwan tensions, yuan By R Sivanithy [SINGAPORE] Brokers are generally upbeat about the local market's prospects in the wake of a quarter-point hike in US interest rates. However, they identified some risk factors which included the possibility of a Chinese
      Source: Bloomberg  -  466 words
    • Article, Illustration
      Lock icon Nikkei plunges, led by banks on merger concern
      389 2 Big Japanese companies also hit by rising yen Bloomberg [TOKYO] Japan's benchmark stock index yesterday had its worst day in nearly three weeks, falling on concern that recent gains by bank shares are unsustainable given the inefficiency and amount of bad debt
      Bloomberg; AFP  -  389 words
    • Article
      Lock icon Tech stocks push Taiwan index above 8,000 level
      341 2 AFP, Reuters [TAIPEIJ Taiwan shares closed 1.8 per cent higher yesterday to reclaim the psychological 8,000-point level on strong buying in the technology sector, dealers said. The Taiwan Stock Exchange weighted price index rose 142.70 points to 8,127.09, following a 1.7 per
      AFP,; Reuters  -  341 words
    • Article
      Lock icon S Korean shares jump 3% on foreign buying
      160 2 AFP [SEOUL] South Korean shares rose 3.28 per cent yesterday with foreigners turning active buyers, dealers said. The composite index closed up 30.59 points to close at 963.00, off a high of 972.06. Volume was 377.4 million shares worth 5.56 trillion won
      AFP  -  160 words
    • Article
      Lock icon Local banks take Fed hike in their stride
      459 3  -  They say it's nnlikely counter rates here will rise soon By\ Siow Li Sen SINGAPORE interest rates remained muted yesterday, with bankers convinced that lending rates here would be little affected by the hike in US interest rates. The US Federal Reserve
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    • Article
      Lock icon A gentler, more reassuring Greenspan to the fore
      817 3  -  COMMENTARY By Caroline Baum Bloomberg [NEW YORK] IT doesn't get much friendlier than this from Federal Reserve chairman Alan Greenspan. "Today's increase in the federal funds rate, together with the policy action in June and the firming of conditions more generally in
      Bloomberg  -  817 words
    • Article
      Lock icon European rate hikes expected in Q1
      543 3  -  Economists expect rates to rise by 045 point to 2.75% From'. Neil Behrmann in London EUROPEAN economists believe that the European Central Bank will follow the Federal Reserve and raise interest rates in the first quarter of next year. According to a Dow Jones
      543 words
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      Lock icon Page 3 Advertisements Column 1
      369 3 Now your money can really perform. Invest today with Citibank and earn 7% p.a.* interest on your foreign currency time deposit. A. w A \A k- kFrom now until 30 September 1999, you could earn one of the highest interest rates available. Just invest equal amounts in both a Citibank
      369 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon SembCorp, Straco plan S'pore listing of China tourist projects
      692 4  -  Holding firm's assets include Shanghai aquarium, summer palace replica By 1 Teh Hooi Ling in Zhengzhou STRACO Investments, a Singaporean investor and developer of leisure projects in China, and listed SembCorp Industries plan to group their three theme parks in China
      692 words
    • Article
      Lock icon URA selling 28 shophouses in Tanjong Pagar
      223 4 TWENTY-EIGHT restored shophouses in the Tanjong Pagar area were put up for sale yesterday by the Urban Redevelopment Authority. The URA said 12 of the 28 parcels will be sold via a public auction on Oct 20 at the URA Centre's function hall.
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    • Article
      Lock icon Just a light fine for flouting safety laws?
      442 4  -  Mfl TI P an Ramoo Purushothaman Singapore via Internet I REFER to the $92,000 fme imposed on SembCorp Construction for flouting safety laws. I am shocked that SembCorp was let off with such a light fine. All the accidents that happened can
      442 words
    • Article, Illustration
      Lock icon Growth seen at 11% by Q1 2000
      306 4  -  BYE ON THE ECONOMY Outlook By, Audrey Tan SINGAPORE'S economic growth is likely to accelerate to 11 per cent by first quarter next year, but could slow to less than 8 per cent thereafter, researchers from the National University of Singapore (NUS) estimate.
      Source: CBRD  -  306 words
    • Article, Illustration
      Lock icon Use residential mortgages for securitisation, says rating agency
      393 4  -  CPF availability reduces default risk here: Doff Phelps By' Wong Wei Kong RESIDENTIAL mortgages provide an excellent option for securitisation in Singapore, international rating agency Duff Phelps Credit Rating Co (DCR) said in a recent special report. In other markets, residential mortgages
      FILE PHOTO  -  393 words
    • Article
      Lock icon Radio satellite broadcaster hits snags
      503 4  -  Workspace's Asian operations face six-month delay By' Toh Han Shih WORLDSPACE, a radio satellite broadcaster, is having major delays in its Asian operations headquartered in Singapore. Worldspace's mission is to broadcast radio from satellites to most of the world, bringing "information affluence" to "informationally poor"
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    • Article
      Lock icon Chuan Hup's Clementvale 80% sold before soft launch
      137 4 CHUAN Hup Holdings has sold 80 per cent of its 99-year leasehold landed housing project in West Coast Road, one day ahead of its soft launch. Marketing agents Jones Lang La Salle said that the response came "despite the current Ghost Month
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    • Article, Illustration
      Lock icon $57,500 from Investment Fund Awards
      233 4 PARTICIPANTS in this year's Investment Fund Awards have raised $57,500 for 12 charities, almost 30 per cent more than the $45,000 raised last year. The 12 charities, four more than last year, received between $600 and $13,750 to provide for needs ranging from door bells
      CHRIS LOH  -  233 words
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  • REGION
    • Article, Illustration
      Lock icon M'sian GDP up 4.1% in 2nd qtr
      631 5  -  Economists raise fall-year forecasts after better than expected growth Reports by] Eddie Toh in Kuala Lumpur PRIVATE sector economists yesterday revised upwards their projections for full-year gross domestic product growth (GDP) after Malaysia's central bank reported a stronger-than-expected 4.1 per cent growth for
      FILE PHOTO  -  631 words
    • Article
      Lock icon RM3.80 peg won't be kept permanently: BN
      311 5 But intention is not to keep changing it, says central bank governor MALAYSIA'S central bank hinted at a possible revision of the 3.80 ringgit peg to the greenback yesterday, saying it would not keep the rate permanently. "As we go on, we may
      311 words
    • Article
      Lock icon Japan's economy weak but stays on course
      216 5 TOKYO Reuters JAPAN'S economy held steady in the April-June quarter but remained weak enough to justify more spending by the government to push it along, key data showed yesterday. Economists said a slight 0.4 per cent contraction in the trade ministry's overall business
      Reuters  -  216 words
    • Article, Illustration
      Lock icon Asia recovering? It may be a false dawn: Krugman
      671 7  -  No real reform or effective clean-up of corporate debt; region's in an ice age Reports from Shoeb Kagda in Jakarta ASIA'S current economic recovery process could be a false dawn as the region has not yet addressed the fundamental reasons that
      FILE PHOTO  -  671 words
    • Article
      Lock icon Resolve Bank Bali – or risk another Russia
      476 7 Resolve Bank Bali or risk another Russia Krugman, Neiss both warn of danger if scandal's not settled RENOWNED American economist Paul Krugman yesterday lent his voice to the growing chorus of critics urging the Indonesian government and the International Monetary Fund (IMF) to resolve the Bank Bali scandal speedily and
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    • Article
      Lock icon China banks' bad loans could rise: Moody's
      307 7 HONGKONG Ratings agency says bad loans could surge to 50% of total loans Bloomberg [HONGKONG] China's banks could see bad loans surge to as high as 50 per cent of total loans, from an estimated 30 per cent now, as Beijing introduces tougher
      Bloomberg  -  307 words
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  • FOCUS
    • Article, Illustration
      Lock icon Tanri Abeng: get me out of this politics
      1601 6  -  Entwined in the Bank Bali issue, Indonesian Minister of State Enterprises denies any wrongdoing in an interview with TAMO KABSM YANG RAZALI KASSIM You "ve been in the news lately. There're accusations you 're involved in KKN corruption, collusion and nepotism using
      FILE PHOTO  -  1,601 words
    • Article
      Lock icon Minister brakes for a fight to preserve his credibility
      1440 6  -  By' Yang Razali Kassim The writer is BT's regional analysis editor PERHAPS Tanri Abeng should have stayed put at Bakrie Brothers. When he was still in the private sector, he basked in glory and was virtually held up by the media
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      94 7 [t] [l] tllll 11 11 (cWI You already know our classic the spark plug. But to your moving, we developed the new Bosch GSM 909 Dual phone. Measuring mm xsomm x mm, and only grams one the multi-band phones in the world. To make your mobility even more comfortable, there's
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  • REGION/WORLD
    • Article, Illustration
      Lock icon Chaebol in new reform pact with govt
      590 8 KOREAN CORPORATE RESTRUCTURING While symbolic, it'll be used to force big changes in corporate governance AFP, Bloomberg (SEOUL] South Korea's top five conglomerates signed a new agreement with the government yesterday to reduce autocratic management power and speed up corporate reform and restructuring.
      AFP,; Bloomberg; AFP  -  590 words
    • Article
      Lock icon Will Europe see US-style class action suits?
      522 8 LONDON Industry urged to respond to EC discussion papers on product liability FT THE spectre of US-style mul-ti-million dollar class action claims is hanging over Europe. Manufacturers and insurers have long enjoyed a more benevolent product liability regime in Europe than in the
      FT  -  522 words
    • Article
      Lock icon GM team studies Daewoo's car ops
      468 8 Reuters A FACT-FINDING team from General Motors Corp has begun assessing the car business of South Korea's debtladen Daewoo Group in the first step toward forging an alliance, a GM spokesman said yesterday. "Some 20 officials from GM's worldwide operations will see various aspects
      Reuters  -  468 words
    • Article, Illustration
      Lock icon Argentina may soon seek cash aid
      435 8 BUENOS AIRES Reuters ARGENTINA, lauded as a model of economic restructuring, may soon be forced to swallow its pride and go cap-in-hand to multilateral lending agencies to ask for cash, analysts said on Tuesday. Argentina has covered its financing requirements for this year, but
      Reuters; FILE PHOTO  -  435 words
    • Article
      Lock icon Silicon Harbour backer issues veiled threat
      369 8 HONGKONG Finance honse warns of delay without perks from HE govt THE finance house behind Hongkong's Silicon Harbour proposal has issued a veiled warning that it would scrap the US$l.2 billion (HK$2 billion) microchip-making project if the government did not endorse it by the
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    • Article
      Lock icon US July durables orders rise 3.3%
      368 8 WASHINGTON Bloomberg US factory orders for big-tick-et goods in July posted their biggest gaTh tfiis year, as demand increased rordtttomobiles, computers and electronic components, government figures showed. Total orders for durable goods rose a larger-than-ex-pected 3.3 per cent last month to U*****.04 billion (*****.3
      Bloomberg  -  368 words
    • Article
      Lock icon German banks deny knowledge of alleged scam
      228 8 RUSSXAM MONEY LAUNDERING SCAM Bridge News [FRANKFURT] Spokespeople from Dresdner Bank AG and Westdeutsche Landesbank said they do not have information suggesting they participated in a cross-border money-laundering scam orchestrated by Russian banks as alleged in a Wall Street Journal report. Neither bank
      Bridge News  -  228 words
    • Article
      Lock icon Alleged money laundering in? Russia of grave concern: IMF
      374 8 Top IMF team in Moscow to pore over finance books AFP [WASHINGTON] The International Monetary Fund (IMF) is very concerned about an alleged money laundering scheme in Russia using IMF loan monies, an IMF spokesman said on Tuesday. "The allegations of
      AFP  -  374 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Bankruptcy on the rise in land of easy money
      691 9  -  BOTTOM UNB OPINION By Robert Samuelson Washington Post Writers Group ONCE upon a time, personal bankruptcy was a rare and shameful event No more. Despite a booming economy, the United States is also experiencing a bankruptcy boom In 1996, a record
      Washington Post Writers Group  -  691 words
    • Article
      Lock icon IN OTHER WORDS
      155 9 Tm proud of wrestling! I'm proud I was a wrestler and I'm proud to be here tonight' Jesse Ventura governor of the US state of Minnesota and a former professional wrestler, to the audience when serving as guest referee in a pay-per-view championship match 'Just watch. The
      155 words
    • Article, Illustration
      Lock icon Day of world's central bankers coming to an end
      1382 9  -  Electronic payments spell end of banking system as we know it, says economist By\ Samuel Brittan FT THE late 1990s have been the era of central banks. In the United States, Federal Reserve chairman Alan Greenspan has become a national institution.
      FT; FILE PHOTO  -  1,382 words
    • Article
      Lock icon Trade deficits show the economy is doing well
      783 9  -  Misguided mission by politicians to shrink them is what threatens prosperity By Daniel Griswold The writer is associate director of the Center for Trade Policy Studies at the Cato Institute in Washington. His views are not necessarily those of Bridge News, whose
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    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      863 9 Sos Mas hi HX schools IF HONGKONG has always regarded itself as a city where the brightest and best are favoured, it is time to think again. Parents and pupils found out that was not the case in the classroom, when they learned of the education
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  • EXECUTIVE Suite
    • Article, Illustration
      Lock icon You speak good English meh?
      796 10  -  Younger, better-educated renovators are eyeing a slice of the lucrative industry By Corinne Kerk AFTER all the flak that Phua Chu Kang (PCK), Singapore's favourite reel-life renovation contractor, received for using Singlish liberally on TV, one wonders if all trace of the colloquial language will
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    • Article, Illustration
      Lock icon Investing in office space
      1576 10  -  The office segment, still in a slump, could offer better capital gains for individual investors than the residential market maxesba chew finds out MARISSA CHEW IF the residential property has gotten too rich for your liking, putting some money into office space may be one alternative
      1,576 words
    • PROFILE
      • Article, Illustration
        Lock icon FCC eyeing expansion UK-style
        815 12  -  It will build on its success in London property via associate Benchmark Group, comuu) gleans more from its CEO CONRAD RAJ PIRST Capital Corporation (FCC), the Singaporelisted property arm of Malaysia's Quek Leng Chan, will embark on an expansion drive by trying to replicate its successful
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      • Article, Illustration
        Lock icon Rising star on London property scene
        1741 12  -  FCC-controlled Benchmark has become a major player in UK with investment and trading portfolio of £463 m inend-98 By\ Conrad Raj IT was this year's best performing property stock on the London Stock Exchange. And recently one of its properties in St James Square
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    • Article, Illustration
      Lock icon HOUSEHUNT
      2977 13 HDB transactions from Jun 15 to Aug 6, 1999. Paslr RIs St 11 *****0 06-Jul-99 1195 305 255 Kim 3n£r "'TIS wS gnS 3 TwplwsSIM *****6 06-Jul-99 1160 328 278 Pasir RIs Dr 6 *****6 08-Jul-99 1141 305 267 3-Rooro (New Generation) Jurong West St 74 *****9 09-JUI-99 1152
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    • HOME SWEET LOAN
      • Article, Illustration
        Lock icon Mobile bankers on the rise
        1021 15  -  Some hanks have taken their personalised, I sales-oriented approach a step further. They now have teams of officers who make house calls, reports tax CLARISSA TAN YOU'RE really keen on buying a house and taking upa mortgage for that purpose, but can't seem to fit
        FILE PHOTO  -  1,021 words
      • Article
        Lock icon Greater interest in office market
        719 15  -  Sut sector's prospects will depend on overall business outlook Yu Lai Boon Gina Ng The writers are associate directors of Jones Lang LaSalle -ITHE majority of office buildings in Singapore is held by landlords for investment and leasing purposes. Most of the better office buildings
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    • SHOWCASE
      • Article, Illustration
        Lock icon Life's a breeze at Orchard Parksuites
        907 16  -  Expatriates who check into its serviced apartments will get far more than just a premium location. They will also receive top quality services, reports cabolemo CAROL ENG HOW many addresses in Singapore can boast of being right next to the Orchard MRT, across the
        ARTHUR LEE  -  907 words
      • Article
        Lock icon New homes for sale
        235 16 r r ■fHMfaanHfl DEVELOPER DiSTRICT LOCATION SIZE TOTAL UNITS NO OF PRICE TENURE (sqft) LAUNCHED UNCTSSOLD* (Spot) Faber Crest CDL 5 Faber Heights 1012-2099 360 abt 50% 570 99-yr River Place FEO 9 Haveiock/Ctemenceau Ave 678-3229 509 200 947 J 99-yr TheAaton YiKalQfp 10 River VaflevRd
        235 words
    • Article, Illustration
      Lock icon Glencaird Residences' tropical elegance
      1272 17  -  oobdweheek talks to Ernesto Bedmar, the ArgentiiiiaD designer behind the exclusive 12-unit development with its understated luxury CORINNE KERK IT seems appropriate that one oMangapore's most exclusive landed residential projects bears a name not everyone can pronounce. The Glencaird Residences, as the 12-unit development at White
      XIAO PHOTO WORKSHOP  -  1,272 words
    • EXECUTIVE LIFESTYLE
      • Article
        Lock icon Elite's model employee
        476 18  -  Its new supermodel Webbie Tokay can show up anywhere, any time, says gbamt MoOOOL GRANT McCOOL Reuters HER employers call her the perfect fashion model, the perfect employee: Webbie Tookay is never late, never too tired to work and has no personal life to interfere with her
        Reuters  -  476 words
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      139 11 (Orchard SINGAPORE J .-^^^^fcp a 4r ara Ti; M < i^HBSHI none apartments take our who have hardly from luxury i? to From cosy lofts to 3 penthouses, fcfpu'll Jind all our q and tastefully |j 9 Our recreational facilities and superb services Soghomonian vjg |Q«MH||| I w hen S.
      139 words
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      23 12 FOR LEASE CHANGISOUTH Fully renovated office Move-in condition Free carpark Near future MRT 5 minutes to ECP/PIE For more details, kindly contact *****94/*****96
      23 words
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      Lock icon Page 12 Advertisements Column 2
      63 12 FOR SALE BY TENDER (Light Industrial Building) 2 Changi North Street I 3-storey modem, light industrial building Classy appearance Basement carpark Land Area about 5.866 sq m (63.141 sq ft) Gross Floor Area about 8.058 sq m (86,735 sq ft) 30-year leasehold from I April 1996 Tender closing date: 9
      63 words
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      99 13 Pay FIXED INTEREST RATE from date rwi [m rsi f' rs t release NOT date of letter of offer ImUnJU Ed lor housing loans without hidden conditions, call us —we have been financing homes since l c Wc provide loans and financial assistance for your Corporate and Personal Financing. $/r
      99 words
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      256 14 CB El Richard Ellis Office Leasing Team At The Forefront Of Success u 4 ijk Sl' -WW M A 1 tSSTi- SV 1 P> .JHr JC- :^SHK IMW- jjlft -KjL *v c- --5T 1 Lim Lay See, Christopher Fossick, Pauline Goh and Teresa Yeo k Rcj.v kj Tay Bee Hong,
      256 words
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      191 15 olr»D»co*%motet.AtdM I J ■i nu*i» nitii iirr-rmr-ii-« Jit -f n j I Esl?£J »lhOMMlO>»»K*CteOfcOMlWi<>tel l/MMMM i-oundrg. INN I 4 I m. XA f 1, H Let The Business Times keep you in the know. Specialist writers cover business stories of the day with extraordinary depth and foresight. And analyse changes
      191 words
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      Lock icon Page 17 Advertisements Column 1
      54 17 Collective Sale By Tender investment Sales BUCKLEY MANSION Prima Condominium Site No. 11 Buckley Road Sita Area 44,095 sf DGP Plot Ratio 1.4; 7? Upto4-storey 3 Freehold Walking Distance to Novena MRT Jf]S Tender closing dete: JL*- 10 Sep'99 Fri at 3pm < *05® For further information tender document!, please
      54 words
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      Lock icon Page 17 Advertisements Column 2
      60 17 Ideal as Corporate HQ or Flagship Store Distinctive Architectural Facade Prime location at Tanglin Road, within walking distance v to Orchard Road Shopping Belt juUHx. 4-storey Commercial Building with 2 basements Gross Floor Area approximately 52,775 sqft HEaSS^afe^sS^SL For tender documents, please contact: Ms Tan Ser Fong: 228 6820 Ms
      60 words
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      Lock icon Page 17 Advertisements Column 3
      70 17 Collective Sele By Tender investment Saiti DEVONSHIRE ROAD L Prime Condominium Site Shopping Clr 7 Srte Aft 143.452 if /~~Z^ DGP Plot Ratio 2.8; Up to 30-ctoray s Shoppmg Ctr Sgtwtaa UOlWdo Snopp^g Walking Distance to Somerset MRT station/ ~J£/ so^e-s^ Orchard Road Tender closing date: 17 Sep '99 Fri
      70 words
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      332 18 Where to wine, dine and entertain../'"" MB®®** s "Tunch" is the best for lunch and high tea rolled into one. Which means longer serving hours and even more scrumptious spreads. "Tunch" from 12 noon 4.30pm *15.80 (Adult) *11.80 (Child) "Tunch Karaoke" from 12 noon Bpm *21.80* (Adult) *1780* (Child) Fncts
      332 words
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      Lock icon Page 18 Advertisements Column 2
      37 18 Create your own set lunch of Continental cuisine uitb strong French Italian influences. Mondays to Fridays 100 noon to 2.30pm (last order) ff£ Price: $28 ■mhk| Reservations: *****58/88 Mandarin .VyywT 333 Orchard Road, Singapore *****7. Td: *****11
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  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      1136 18 CRYPTIC CROSSWORD ACROSS p j r lAs Samson was when shorn of I I I i 1 r P p 9 It's hello and goodbye to the team they have a legendary Hi" reputation ■HIH HH 11 Move fast after take-off (6) 12 He's angry about the ref being 12
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  • MOTORING
    • Article, Illustration
      Lock icon All set for Asia's first Grand Prix
      799 19  -  DAVID boet gets an eyeful of Malaysia's Formula One course and the mind-bogging logistics behind it DAVID BOEY WHEN the millennium's penultimate Formula One races are flagged off in the middle of October at the Sepang circuit, Malaysia will unveil its latest motorsports
      Source: Sepang Int'l Concil; SIEW YAW HOONG  -  799 words
    • Article
      Lock icon Driving up for the F1
      330 19 WITH Malaysia's Sepang Formula 1 circuit just a few hours drive away, why fly all the way to Europe to soak in the roar of Fl racing cars at full power when you can see world class drivers in action in Kuala Lumpur? Wheels For
      330 words
    • Article
      Lock icon A chance to build goodwill
      576 20  -  The MTA should render all the help it can to customers in the Auto Asia fiasco, says Christopher tax CHRISTOPHER TAN THE silence of the Motor Traders Association (MTA) in the wake of Auto Asia's crisis is deafening. And it's a shame. Although the impending
      576 words
    • Article
      Lock icon Better coverage for cars
      554 20  -  Europe carmakers are catching up with the Japanese in terms of warranties By i Christopher Tan [SINGAPORE] Few people actually weigh warranties when they shop for a product. For items such as TVs and video-recorders, many are even willing to buy models without warranty if these
      554 words
    • Article
      Lock icon March 2000 deadline stays for new emission standard
      225 20  -  Importers of Japanese domestic models expected to be hardest hit By i Christopher Tan [SINGAPORE] After meeting motor traders and weighing their appeals, the Ministry of Environment (ENV) has decided to stick with its March 2000 deadline for a new vehicle emission
      225 words
    • BUMPER to BUMPER
      • Article
        Lock icon Will the Mini disappear from our roods?
        84 20 THE Malaysia Singapore Vintage Car Register gathered over the weekend to celebrate the 40th anniversary of the Mini—which could be the last for many owners. Events secretary David Christie said the prevailing COE (certificate of entitlement) "is just beyond reach for the majority
        84 words
      • Article, Illustration
        Lock icon Mattel gets exclusive Ferrari rights
        59 20 TOYMAKER Mattel has been granted exclusive rights by Ferrari to produce toys, apparel and collectibles based on the Italian sports car. There will be an exhibition of old Matchbox collectibles as well as new Ferrari models at Takashiinaya Square fh>m tomorrow to Sept 5. An
        59 words
      • Article
        Lock icon Castrol undergoes streamlining
        87 20  -  Compiled by C Christopher Tan NEW challenges, one of which is in the form of merging oil giants, made lubricants specialist Castrol rethink its entire strategy. Castrol has reorganised its business according to products instead of the previous method of geographical segmentation. This streamlining has given rise
        87 words
    • Article
      Lock icon The OMV quide
      1254 20 A\*aragecpenmgrkBtwakje(OWofcaRiBgistBrBdinJuly 1999 BEONWR MOOELAMKE OC MEOMWS1 ALFA ROMBC A156 2.0 1.970 25,287 MSBAN CEDRIC AUTO 2 966 47 727 AUW100 28EA 2.506 30.272 1.996 26.666 AUDI 60 2 OE A 1,964 30 296 NISSAN CEFWO 2.QA 1.996 32.064 AUCX A6 26A 2.596 52 692 WfMW CCFWO AUTO
      1,254 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon KDD, SingTel in talks for 5% cross-holdings: report
      669 21  -  KDD confirms talks with foreign firms; Sing Tel says no comment on rumours, speculation From. Anthony Rowley in Tokyo JAPANESE international telecommunications giant KDD (Kokusai Denshin Denwa) is negotiating with Singapore Telecommunications on a deal that would give the two companies a
      669 words
    • Article, Illustration
      Lock icon Property market crazy: Cycle group MD
      236 21  -  By i Carol Eng [SINGAPORE] Cycle Carriage group managing director Philip Eng says the property market is "crazy" now and believes the government could introduce measures to dampen the market. "The way property prices continue to spiral, I'm sure that the government will do
      ARTHUR LEE  -  236 words
    • Article
      Lock icon MCL in black with $13m profit
      329 21 [SINGAPORE] MCL Land, the property arm of Cycle Carriage, raked in earnings of $13.1 million for the first half a convincing recovery from a loss of nearly $100 million. The figure, after tax and minorities, includes $5.5 million in writebacks. Company executives were non-commit-tal
      329 words
    • Article
      Lock icon A date with Cheung Kong and Li Ka-shing
      749 21  -  HOCK LOCK SIEW Quak Hiang Whai Billionaire Li Ka-shing's flagship Cheung Kong (Holdings) a favourite with securities analysts and fund managers here in Hongkong will release its interim results today. But with the Hongkong property market sluggish for most of this year,
      749 words
    • Article
      Lock icon C&C surprises with $56m H1 profit
      493 21  -  Its full-year results are likely to surpass analysts'forecasts Byi Christopher Tan (SINGAPORE] Going by its surprisingly healthy interim results, motor and property company Cycle Carriage is likely to surpass analysts' expectations for its full-year earnings. Yesterday, the company announced a net profit of $56
      493 words
    • COMPANIES
      • Article, Illustration
        Lock icon Shangri-La Asia's interim net declines 11% to HK$214m
        595 22  -  Provisions, costs related to new China hotels cited From Quak Hiang Whai in Hongkong SHANGRI-LA Asia, which is seeking a secondary listing in Singapore, yesterday unveiled an 11 per cent decline in net profit to HK$2l4 million (5546.7 million) for the six
        FILE PHOTO  -  595 words
      • Article
        Lock icon 16% interim profit rise at HK's Wing Lung Bank
        267 22 Reuters [HONGKONG] Wing Lung Bank, one of Hongkong's sec-ond-liner banks, yesterday reported net profit of HK5399.26 miUion (SsB7 million) for the six months ended June 1999, a 15.9 per cent increase over the year-earlier period. The profit improvement was derived from
        Reuters  -  267 words
      • Article
        Lock icon Singatronics interim gain up 9%
        352 22  -  Lower tax provisions, $970,000 Eastg&te profit help raise net to $2m By: Rahita Elias [SINGAPORE] Singatronics Ltd chalked up a 9 per cent increase in net profit to $2 million in the six months to June 30. The company said in a statement yesterday that
        352 words
      • Article
        Lock icon SMB United interim net rises 10.5%
        285 22  -  By: David Boey [SINGAPORE] SMB United Ltd, a mainboard listed maker and distributor of switchgear and electrical components, said yesterday its interim profit jumped 10.5 per cent to $4.27 million. The group added that it expects to extend its profit-making run into the second
        285 words
      • Article
        Lock icon Half-time score
        132 22 As of yesterday. 74 SES-listed companies had released their financial results for the six months ended June 30,1999. They recorded a combined $2,725.7(11 in group profits, up 86.2% over the same period last year. The total included Mvtn foreign companies listed here. If they were excluded, total profits
        132 words
      • Article
        Lock icon Citic Pac gain dips 16%, steps up expansion bid
        352 22  -  Profit at HKsl.sb in absence of one-off gain from last year From Quak Hiang Whai in Hongkong CITIC Pacific, a diversified red chip company, yesterday reported a 16 per cent decline in interim earnings and pledged to be more aggressive in
        352 words
      • Article
        Lock icon Seksun says director's share options a one-off grant
        380 22  -  Big discount to make up for difference in his pay packages By < Carol Eng [SINGAPORE] Seksun Precision Engineering's share option grant to an employee was a "one-off grant" which had "official approval from the authorities". The company said yesterday it made
        380 words
      • Article
        Lock icon DBS Sec, Goldman to issue CDL covered warrants
        164 22  -  By. R Sivanithy [SINGAPORE] Investors interested in property firm City Development's shares but are daunted by their high absolute price of $10.70 will soon have a much more affordable alternative a covered warrant to be issued by DBS Securities and Goldman Sachs.
        164 words
      • Article
        Lock icon NOL will relook future role of CFO's position
        216 22  -  Byi Conrad Raj [SINGAPORE] Neptune Orient Lines will be reviewing the future role of its chief financial officer as part of a major review of its strategic direction and structural make-up now being undertaken by international management consultancy McKinsey 8c Co. NOL
        216 words
      • Article
        Lock icon DBS launches $184m bond issue in 2 tranches
        296 22  -  By Corinne Kerk [SINGAPORE] Following the securitisation of 268 Orchard Road, DBS Bank is to launch a bond issue today. Baronet Ltd, a special purpose vehicle formed to buy the property, will issue $184 million in bonds due in 2009 together with
        296 words
      • COMPANY Briefs
        • Article
          Lock icon Keppel Land buys East Coast site
          67 22 [SINGAPORE] Keppel Land yesterday said it has bought 92,288 sq ft of freehold residential land in the East Coast area for $350 per sq ft per plot ratio. Including development charges for the plot sited between Ipoh and Butterworth Lane, the cost will come
          67 words
        • Article
          Lock icon NOL uses $823m funds to repay loans
          55 22 [SINGAPORE] Neptune Orient Lines yesterday said that pursuant to its international share placement and participative option issues which raised net proceeds of $823 million, it has used two-thirds of the fluids to redeem floating rate notes and higher-cost loans. The rest was used
          55 words
        • Article
          Lock icon Chew En Hock bags $36m contracts
          80 22 [SINGAPORE] Chew Eu Hock Holdings said it has secured government education contracts worth $36.88 million. The company is building a primary school at Sengkang for $12.88 million due to be completed in October next year. It has also been awarded a $28.8 million job
          80 words
        • Article
          Lock icon Top-level changes at Serial Systems
          67 22 [SINGAPORE] Serial Systems has appointed Eddie Chng Weng Wah as its new chief executive officer and Larry Chow Sou Chian its new chief operating officer. Derek Goh Bak Heng, the former chief executive officer, will remain on the board of directors and will hold the
          67 words
        • Article
          Lock icon Inno-Pac appoint! placement agent
          58 22 [SINGAPORE] Inno-Paciflc Holdings has agreed to appoint DMG Partners as the placement agent for a share placement which comprises 52.1 million new ordinary shares. The placement, which will increase the company's share capital from $52.1 million comprising 260.5 million shares to 162.5 million comprising 312.6 million
          58 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon ASX eyes ties with S-EA bourses
        487 23  -  Aossie exchange doubles profit to As36m in first year as listed entity From Brian Gomez in Sydney AFTER announcing a doubling in profit to As 36 million (5538.7 million) in its maiden year as a listed entity, the Australian Stock Exchange has signalled plans
        FILE PHOTO  -  487 words
      • Article
        Lock icon Acer in tie-up with Cisco to develop, market products
        352 23 Reuters [TAIPEI] Taiwan computer group Acer Inc yesterday sealed a strategic alliance with Cisco Systems Inc, a move that would enable Acer to expand its business horizon to networking. Under the deal, Acer and Cisco would jointly develop and market products
        Reuters  -  352 words
      • Article
        Lock icon San Miguel to sell out of Coca-Cola Amatil
        248 23 Bloomberg [SYDNEY] San Miguel Corp, the Philippines' largest brewer, said it will sell its Asl.2 billion (Ssl.3 billion) stake in Australia's Coca-Cola Amatil Ltd as part of its drive to shed assets which it doesn't control. Coca-Cola Amatil, the largest Coke bottler
        Bloomberg  -  248 words
      • Article
        Lock icon Foster's chairman leaves to head Commonwealth Bank
        307 23 Two senior BHP executives announce plans to retire in Nov AFP [SYDNEYI In a series of corporate manoeuvrings announced yesterday, Foster's Brewing Group chairman John Ralph resigned to take up the top job at Commonwealth Bank while two senior BHP Co executives retired.
        AFP  -  307 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Deutsche Telekom optimistic about profit
        512 24 Pretax down 6% in HI but price cuts helping market share, it says Bloomberg [BONN] Deutsche Telekom AG yesterday reported its pretax profit fell 19 per cent in the first-half to 2.06 billion euros (553.6 billion) but said it is optimistic about full year earnings
        Bloomberg; FILE PHOTO  -  512 words
      • Article
        Lock icon Bertelsmann sells half its AOL stake to fund multimedia unit
        401 24 Bloomberg, Bridge News [GUETERSLOH, Germany] Bertelsmann AG, the world's third-largest media company, has sold about half its stake in America Online Inc, the world's biggest Internet service, raising an estimated US$69l million (551.17 billion) to plough into its multimedia unit.
        Bloomberg,; Bridge News  -  401 words
      • Article
        Lock icon AOL, MCI want AT&T deal tied
        259 24 They want open access as condition for approval of Media One purchase Bloomberg [WASHINGTON] America Online Inc, MCI World Com Inc and other companies have told US regulators that AT&T Corp should be forced to give rivals access to its high-speed Internet connections as
        Bloomberg  -  259 words
      • Article
        Lock icon Nortel to buy Periphonics for US$436m in stock
        506 25 This will add essential equipment linking computers and call centres Bloomberg [BRAMPTON, Ontario] Nortel Networks Corp, North America's No 2 phone-equip-ment maker, has agreed to buy Periphonics Corp for US$436 million (***** million) in stock to add equipment that links computers and
        Bloomberg  -  506 words
      • Article, Illustration
        Lock icon Disney to buy stake in online toy retailer
        518 25 NYT [LOS ANGELES] Giving a major lift to a small online retailer of educational toys, Walt Disney Co was expected to announce yesterday that it had bought a majority stake in Toysmart.com. Officials of Buena Vista Internet Group, which oversees Disney's Internet
        NYT  -  518 words
      • Article
        Lock icon Conde Nast to buy Disney publications unit
        205 25 Bloomberg [NEW YORK] Conde Nast Publications agreed to buy Walt Disney's Fairchild Publications for an undisclosed price, adding the top US fashion industry trade paper to its roster of mass-market magazines such as Vogue. Conde Nast will bag Women 's Wear Daily, as
        Bloomberg  -  205 words
      • Article, Illustration
        Lock icon Net moves forcing change on high-tech heavyweights
        598 25 Internet age implies speed, different pace and greater sense of urgency: H-P chief Reuters [PALO ALTO, California] Even the biggest technology companies are acting like start-ups. Firms such as Hew-lett-Packard Co and Compaq Computer Corp have discovered what can happen if they're slow
        Reuters  -  598 words
      • Article
        Lock icon SocGen gives up 26% stake in Paribas
        422 25 BMP VS SOCOEM It bows oat after results show BNP has 64% of Paribas, 37% of SocGen Bridge News, Bloomberg, AFP [PARIS] French bank Societe Generale (SocGen) it will renounce the 26.37 per cent stake it won in Paribas with whom it failed
        Bridge News,; Bloomberg,; AFP  -  422 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon J P Morgan takes stake in Sony's Monex
        328 26 Move boosts capital of brokerage, set up by ex-Goldman exec, to 1.2b yen AFP [TOKYO] US investment bank J P Morgan and Co has taken a stake in an online brokerage set up by electronics giant Sony Corp and a former Goldman
        AFP  -  328 words
      • Article
        Lock icon UBS to focus on expansion, mull over acquisitions
        299 26 Reuters, Bloomberg [ZURICH] ÜBS AG, a top five global financial services concern, will consider targeted acquisitions as it focuses on expansion again after digesting the huge merger that formed it. Commenting on the ongoing wave of mergers and acquisitions in the financial
        Reuters,; Bloomberg  -  299 words
      • Article, Illustration
        Lock icon Russian bank investors stage protest
        73 26 [MOSCOW] An angry activist gesturing and shouting yesterday during a demonstration of investors of the Russian Progressprombank, which collapsed during the financial crisis last year. The investors, who gathered in front of Russian Government House, demanded their money back from the government as this bank
        AFP  -  73 words
      • Article
        Lock icon Calpers to invest US$300m in hedge fund
        214 26 Bloomberg [SACRAMENTO, California] The California Public Employees' Retirement (Calpers) fund, the largest US pension fund, approved its first hedge fund investment, up to US$3OO million (*****.5 million) in a fund focused on computer-related technologies. Calpers, with US$l6O billion under management, would make the
        Bloomberg  -  214 words
      • Article
        Lock icon Turkish quake claims seen above US$2b
        416 26 Lloyd's estimate is four times those made previously Reuters [LONDON] A leading underwriter at Lloyd's of London insurance market estimates that claims of at least US$2 billion (553.4 billion) are likely after last week's earthquake in Turkey. The figure is four times previous analysts'
        Reuters  -  416 words
      • Article
        Lock icon Tokyo-Mitsubishi Bank signs 50m yuan loan
        315 26 Deal nnder China's relaxed policy on local currency loans Reuters [SHANGHAI] Japan's TokyoMitsubishi Bank yesterday signed an agreement with a major Chinese state bank to borrow 50 million yuan (Sslo.l million) under China's recently relaxed policy on local currency funding for foreign banks. The
        Reuters  -  315 words
      • SMALL Change
        • Article
          Lock icon Taiwan lifts ban on warrants sale
          83 26 Bridge News [TAIPEI] Taiwan's Securities and Futures Commission (SFC) has lifted a ban on sales of knock-out call warrants, allowing securities companies to issue such warrants on local stocks to widen the variety of warrants in the local market, an SFC official said yesterday.
          Bridge News  -  83 words
        • Article
          Lock icon CBOE cases some option margin terms
          66 26 Bloomberg [CHICAGO] The Chicago Board Options Exchange (CBOE) yesterday lowered the margin requirements for longer-term options and those used to hedge stock positions. Firms are now permitted to lend as much as 25 per cent of the market value of options that expire in
          Bloomberg  -  66 words
        • Article
          Lock icon San Paolo IMI and INA to study merger
          65 26 Bridge News [ROME] San Paolo EMI, Italy's largest bank by assets, and Istituto Nazionale Assicurazioni (INA), one of Italy's biggest insurers, have decided to start studying the possibility of merging the companies in September, la RepubbUca reported yesterday citing "notable sources" within
          Bridge News  -  65 words
        • Article
          Lock icon M Stanley to launch UK credit card
          92 26 Reuters [LONDON] US investment bank Morgan Stanley Dean Witter said yesterday that it would launch a credit card in Britain in September with no annual fee and featuring a cashback bonus. Hie Morgan Stanley Dean Witter Card will be issued on the Europay/MasterCard
          Reuters  -  92 words
      • Article
        Lock icon Trading mixed for futures segment
        261 27  -  STMRX Reports MSCI Singapore Index Daphne Toy, Jardine Fleming THE Singapore stock market rose yesterday despite the Federal Reserve's decision to raise the federal funds and discount rates by a quarter point each and the increase in the local 3-month interbank rate by 6.25 basis
        261 words
      • Article
        Lock icon Futures recover lost ground
        209 27  -  MSCI Taiwan fatores Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures yesterday recovered what it lost on Tuesday and gained a minute bonus, closing in positive terrain of 12 points in the August contract. The Taiwan Weighted Price Index closed 142.7 points higher
        209 words
      • Article
        Lock icon Oil dips on slow US demand
        224 27 ENERGY REPORT Reuters [LONDON] Oil prices tilted lower yesterday after overnight US data indicated slower than expected demand growth for gasoline in the world's biggest oU consuming nation. Benchmark Brent blend futures traded 20 cents lower to U5520.43 a barrel after a weekly report
        Reuters  -  224 words
      • Article
        Lock icon CURRENCY REPORT
        308 27 AFP, Reuters London THE US dollar climbed yesterday against most currencies as investors welcomed the higher yield the US Federal Reserve delivered with its quarter percentage point hike in interest rates in the previous session. The US central bank raised the key fed funds and discount rates to
        AFP,; Reuters  -  308 words
      • Article, Illustration
        Lock icon Untitled
        1187 27 DtTERBAMK CROSS EATBS Aug25 O W faro fir H wyh Vm <*m W MUhth Ptw S$ tort Hmt Kf Australia 0.943 6-178 0.602 3.952 1178 4.905 27.*****076 0703 7340 2.401 1222 32.775 25.134 1069 1851 0.964 20.134 242M 0298 0632 C U ';°S 5 559 «•*> 1249 5201 29.152 50.973
        1,187 words
      • Article
        Lock icon Untitled
        1788 27 SIOOMFUTUKBS Aug 26 RUBBER (tehirw doiJnq «t it 5 .30pm) RSS1 CONTRACTUS centsAq) Ck>M Vo*UM Open Montti tflgh low Sftt (toonos) Merest Sep 99 9150 300 Oct 99 94.75 300 1200 Nov 99 96.75 96.75 9625 600 300 Dec 99 98.00 300 Jan/Mar 00 ***** 300 Apr/Jun 00 105.00 Jli(/S<p
        1,788 words
    • Article, Illustration
      Lock icon HONGKONG
      1290 28 AFP Q Hang Seng -154.74 HONGKONG share prices fell 1.1 per cent yesterday to end five consecutive sessions of gains after the US Federal Reserve Board's decision to raise key interest rates by 25 basis points, dealers said. The Hang Seng Index lost 154.74 points to close at 13,479.13
      AFP  -  1,290 words
    • Article, Illustration
      Lock icon CHINA
      583 28 Reuters, FP n Shenzhen Blndex 4.79 SHENZHEN'S B shares ended down nearly 2 per cent yesterday with sentiment hurt partly by the recent release of poor interim results by some B share firms, analysts said. The B Share Index fell 1.79 points, or 1.91 per cent, to 91.99 on
      Reuters,; FP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  583 words
    • Article
      Lock icon TAIPEI
      331 28 AFP QVP Index +142.70 TAIWAN share prices closed 1.8 per cent higher yesterday to reclaim the psychological 8,000-point level on strong buying in the technology sector, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 142.70 points to 8,127.09. "Buying in the technology sector mainly reflected the rosy
      AFP  -  331 words
    • Article
      Lock icon WORLD STOCK MARKETS
      2247 28 LONDON Industrials 124 fmtn0 31 Croup 8.52 0.01 A Obey National 10.36 0.08 A B Foods 4.26 0.10 A B Ports 3.3B 0.03 AstraZeneca 25.22 -0.08 Alliance Leicester 8.14 0.02 Allied Oomocq 5.66 0.08 Allied Zurich 7.84 -0.02 Anglo American Gold 43.70 unch ASOA Group 2.21 unch
      2,247 words
    • Article
      Lock icon TOKYO
      1629 28 AFP Nikkei 225 -2402S SHARE prices fell 1.3 per cent yesterday as the yen's rise against the US dollar depressed ex-port-led issues and amid profit-taking in bank shares, brokers said. The Nikkei Average of 225 leading issues lost 240.25 points to end at 17,855.16. "The market was dampened by
      AFP  -  1,629 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Lock icon Untitled
        8091 29 INDUSTRIALS Cmsmmt protects 1999 Lilt Vol Day Nit Cm Lew Cwmm M> •000 Mm Lew P<l In* 440 255 Ajinomoto 320 2a3 129.7 174 46 Anghasa n2 -4 149 117 111 165.1 404 220 Apollo Food Hlg 328 -2 11 336 328 H.4 1312 294 115 Berjaye Land 219 -6
        8,091 words
      • Article, Illustration
        Lock icon Shares end lower on foreign program-selling
        382 29 AFP Q Composite Index -6.75 MALAYSIAN shares closed 0.9 per cent lower yesterday amid foreign program-selling ahead of news of an economic rebound in the June quarter, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 6.75 points to finish at 768.43 while
        AFP  -  382 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Lock icon Minho wrt: poor numbers but has plus points
        198 30  -  WARRANT WATCH C IU V By R Sivanithy THE latest Malaysian warrant to gain a new lease of life is timber firm Minho, which was due to expire in March 2000 but will now trade until 2005. At 46.5 sen this is
        198 words
      • Article
        Lock icon Untitled
        2174 30 BONOS, LOANS WARRANTS 52-Wk Last Vol Day Last Quota Avg High Law Stno Company SM« **r- COOO) High Low Buyor Sail*r Prko lOA 3 s 3160 »Ac*r #*****1 US$ 56 M 238 57 5 53.5 54.5 56 80 4.5 1 3164 Acma #*****4 42 unth 155 44 40.5 41.5 42
        2,174 words
      • Article
        Lock icon CLOB INTERNATIONAL
        225 30 H0N0K0N0 STOCKS Or Gc 92-W* Laat Va< Day lot Ouo«» Mv CM* VM Nat M Cap t— Stna Cm itf rOOO) L— 8uyar Sa«af CV M SW 365 173 5123 CDC *****) MK 282.5 CO 40 285 282 5 282 5 8 X7 2 8 9 6 5589.1
        225 words
      • Article, Illustration
        Lock icon JAKARTA
        700 30 AFP P Composite Index -0.98 INDONESIAN share prices closed 0.2 per cent lower on the Bank Bali scandal and a lack of fresh incentives, dealers said. A dealer with a leading local brokerage said the trade volume was getting smaller. "Probably market players are still nervous about the wider
        AFP  -  700 words
      • Article
        Lock icon MANILA
        319 30 AFP Manila +11-21 PHILIPPINE share prices closed 0.5 per cent higher yesterday due to expectations of higher economic growth figures for the second quarter, analysts said. The Philippine Stock Exchange Composite Index rose 11.21 points to close at 2,260.14. Volume fell to 1.2 billion shares worth 2.5 billion pesos
        AFP  -  319 words
      • Article, Illustration
        Lock icon BANGKOK
        867 30 AFP EISETIndai +22J5 THAI share prices closed 5 per cent higher yesterday on buying in bank stocks as concerns over Krung Thai Bank pic (KTB) receded, dealers said. KTB's share price jumped more than 23 per cent amid speculation that ex-prime minister Anand Panrayachun or former central bank deputy
        AFP  -  867 words
      • Article
        Lock icon SEOUL
        404 30 AFP Composite Index +30,50 SOUTH Korean shares rose 3.28 per cent yesterday with foreigners turning active buyers, dealers said. The Composite Index closed up 30.59 points to close at 963.00. Volume was 377.4 million shares worth 5.56 trillion won. Hanvit Securities analyst Ahn Kyu Sun said: "Foreigners' active buying
        AFP  -  404 words
      • Article
        Lock icon SYDNEY
        623 30 AFP PAH Ordinaries -19J AUSTRALIAN share prices closed 0.6 per cent lower yesterday after an official rate rise in the United States, brokers said. The Australian Stock Exchange's key All Ordinaries Index lost 19.1 points to 3,033.3. National turnover totalled 381.7 million shares worth All.l billion. The All Industrials
        AFP  -  623 words
      • Article
        Lock icon WELLINGTON
        286 30 AFP □Wellington -118 TELECOM steadied but other leaders were mixed yesterday. The NZSE-40 Index ended down 2.18 to 2,131.57 in trade worth NZ$l2l million. "We had a good rally in the bonds this morning but that failed to fire it up," said David Price at Credit Suisse First Boston.
        AFP  -  286 words
    • Article
      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7121 31 Transaction date: Am; 25 j Or Or M in 52-Wk Last Vdl Oay Last Ouata ON OH YW Nat Cap A»g mh> l— itw» cmm w rooo) u» —yr »a6ar cw W wo MUITI MOUSTRY 102 17.5 mb IOOO AcmaSOc 130 *2 93 132
      7,121 words
    • Article
      Lock icon SESDAQ
      1473 31 Or 9r M «t U-Wk Last \W Day Last Ovate Mv Otv VM Mat Cap Avg M0t Lam 9tNa Company tan fOOO) Law Bayar 9a8ar CV M >«6 Prtca 2W 43 C 2049 'ASAutOlOc 191 *1 ISO 191 186 190 191 10 N 0.5 mi 1*1 137 45 c
      1,473 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Lock icon Untitled
        375 32 Stacks Volume •Gentinq Int 32,752,000 Asia FoodS Prop USS 28.106,000 Hotung Inv NT5 17,880,000 Eagle Brand HlOqs HK75C 15.665,000 Golden Agri USIOc 15,598,000 PCI 25c 14,152,000 DBS Land 14,068,000 DragonLand 10c M,035,000 SingTel 15c 10.157,000 Roiy IntUSIOc 9.964,000 Storfs City Dev 50c 62.055.812 DBS Land 53,249,972 DBS Foreign 32.971.332 Singlet
        375 words
      • Article, Illustration
        Lock icon Focus on earnings outweighs regional, currency concerns
        594 32  -  STOCK MAREBT COMMENTARY Fed's announcement of expected rate hike pnts to rest interest rate worries at least for the time being By R Sivanithy REGIONAL and currency considerations yesterday threatened to overshadow any relief that may have been felt following the US Federal
        594 words
      • ON THE GRAPEVIME
        • Article
          Lock icon Is that my wife?
          63 32 RINGING handphones at seminars and international conferences can be frustrating for speakers and their hosts. But at the recent Pacific Insurance Conference, a guest speaker, James Benson, president of New England Financial USA, handled the disruption with finesse. When a delegate's handphone rang in the middle
          63 words
        • Article
          Lock icon A toast to Ah Bengs
          86 32 ONE pub owner at a fancy Joint told us that when yuppies drop in, they order one drink and sit for hours. The Ah Bengs come with a few girls in tow and order a whole bottle, usually ofXO cognac. None of the whiskey cheap
          86 words
        • Article
          Lock icon The long and short of it
          101 32 UOB Asset Management's latest ftind, the Telecom Fund, raised $230 million in over one-and-a-half months and ri«tn« to be the largest amount ever raised for a unit trust during a fixed launch period. Over the same period, DBS Bank's Horixon funds apparently raised $170
          101 words
        • Article
          Lock icon Will Magnum's luck turn?
          131 32 THE shares of Malaysian gaming stock Magnum Corporation has been stealing the limelight recently, with talks that it could secure a licence for a new betting game. Sources told BT that Magnum had proposed a lottery game sometime back, but the proposal was put on ice.
          131 words
        • Article
          Lock icon Why they are shmuning Chinese
          56 32 ONE businesswoman tried this tack to get her young son to learn the Chinese language. She toki him how every business was flocking to China which potentially offers the biggest market in the world. "But didn't I hear that all of them lost money?" Out
          56 words
      • Article, Illustration
        Lock icon HOTSTOCK
        65 32  -  -By Wong Wei Kong EAGLE Brand Holdings rose 1.5 US cents to U550,415 with 15.7 million shares traded, compared with its 10-day traded average of 11.5 million units. The RSI, Stochastics and MACD charts indicate that the stock is likely to be stuck at around the current levels in
        65 words
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      102 21 «r. t nf-' I's hwJBHH^HI f* 1 r Jfl f AjO W&m Wf i P*^^^Q i%t You never PATEK PHILIPPE GENEVE actually own a Patek Philippe. You merely look after it ffe^^^|^RjJ|K Begin your own tradition. <S> Cortina Watch Centre Available at SINGAPORE Cortina Watch Centre Pte Ltd Raffles City
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      162 23 They say a picture paints a thousand words. In this case, it would send more than a thousand hearts racing. Built with one of the most advanced transmission systems in the world, the Passat Turbo Tiptronic delivers awesome power at your fingertips. Rarely, if ever, in automotive history has a
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      983 24 11/jII'.MIFELS I Keppel FELS Energy I Infrastructure Ltd 1 (Incorporated in the Republic of Singapore) H Notice of Extraordinary General Meeting I NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Shareholders of the Company will be I held at the Board Room of Keppel FELS Energy Infrastructure
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      149 25 VOLVO BESIDES YOUR VOLVO. WE'LL ALSO TAKE CARE OF YOU. 730 pm from Momlav^toVri h 8 ,s no N P e\t,m.l,«J to something equally important I lie owner lust for you, our business hours hav, been extended .hi ...in now \isit out sen u e ..ntn b,tw„n ><» .ini and
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      4 26 mill I mil in
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      69 26 J Foot fVofloxo/ogy J I Complete Relief Stress A Tiredness Jb»i ;4|pi IT^ g :0«e Hie Largest Sp< with I Exclusive Colonial Thai Setting t FREE! $20 Cash Voucher FREE! Car Wash <ievei 6) J i FREE! Use of Facilities FREE! Meats Refreshments I Tel: 336-9339 Open Daily: 10:30 am
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      27 26 If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. ft CATS. Another Classified Service
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      107 30 watckes are a kundred years kekind tke times A certain feeling of unrest keeps me going. I Jon to make watckes, I want continually improve tkem. Tkis means notking less tkan bringing tkem up to tke same standards of tecknical perfection and precision, tke same aestketic clarity, tkat attained over
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      32 31 to this^car^\ V advertisement to J I the very I that I found my f next day. through J r m Classified. Buying or settiui through Straits Times Classified is child's play.
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      2084 32 Toothache"" See your dentist Investment advice? You need 06 c Investor Online. Get the Best Call us at 323-3955 881XVSBANK THE STRAITS TIMES CLASSIFIED YOUR GUIDE TO MORE PRODUCTS SERVICES [J&J I NOTICES To advertise cail toll-free 1800-741 1883 Fax No: 741 1298 ASAHISHOSEN (S) PTE LTD (In Vol Liqufdation)
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      14 32 s.mmM piwtiEw: you need to know 5.n-t€ns.rLrß»s.njßt T T—r.it i i; 'T"T—Kifi it"- TT
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      320 33 Bridge News Reuters THE market remains rather quiet at the moment with what appears to be a standoff between owners and charterers. Owners are unwilling to drop their rates in the Atlantic and charterers appear to be sitting on cargoes until they have to fix. TAMKER& A surge
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      273 33 CWT Distribution 1.33 -0.02 48 ChuanHup L3S 0.05 2513 Cosco Investmant L28 -0.02 13 Fright Links 0J9 -0.01 2281 G8 Hoidinqs 0.95 -005 IS KM Sun Hup 0.75 0.0! 1034 IMC HoMbi«t-HK MO unch 0 JayaHoidtogs 1.02 0.02 122 Jurong Shipyard 7.90 023 155 KappafCarp 5.45 -0.15 640
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      Lock icon Dutch mercenaries plan weapons base at Subic Bay
      488 33 Private company formed to counter piracy to set np 3 operational bases [SINGAPORE] A group of former Dutch marines, who are prepared to counter piracy in the seas with armed force, is planning to set up a training and weapons storage base
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      Lock icon Fire onboard Evergreen ship under control
      116 33 AFP [DOVER, England] Firefighters were yesterday dousing down the blaze on the Evergreen container ship which collided with a cruise liner in the English Channel on Tuesday. Coastguard officials said the fire on board the Panamanian-registered Ever Decent was fully under control and confined
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      Lock icon Large box ship orders up again
      715 33  -  NEWBuXLDS By: David Hughes THERE continues to be considerable activity in the newbuilding sector as this week's selection of recent orders testifies. The number of large containerships on order seems to be edging up again. China's Cosco Container lines has taken the plunge into
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      141 33  -  —By S Shivani [SINGAPORE] Violinist Va-nessa-Mae will be bringing a touch of glamour to the high seas come Friday. The Singa-pore-born musician has been chosen to perform on Star Cruises' SuperStar Virgo's inaugural cruise. The London-based celebrity, who rose to fame on a sexy image
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      354 33  -  Star Cruises' latest USs3Bom megaship will be based here By I S Shivani [SINGAPORE] Star Cruises is going all out to welcome its newest arrival, the SuperStar Virgo to Singapore. In a journey that has taken slightly over two months, the megaship will
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      Lock icon Confidence in cruises could be hurt by spate of collisions
      343 34  -  Industry needs to worry about public perception By] David Mott THE cruise industry lives and thrives on public confidence. So events such as Tuesday's collision involving the Norwegian Dream have the potential to damage the industry out of proportion to
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      Lock icon SHIPPING SCHEDULES INDEX
      168 34 PACC DjakUoyd 8 AO. 6 Dongnama 3 aml 3 ECU UM 6 i Accord 8 lCL 4 Appensfup 5 Austral 8 f 000(5 6 G Link A Shpy 5 BSA 7 em,rtr,M 6 B'tang Mas 8 M n,B cm T 3 CMA 4 cosco 5 ten 3
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      19427 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Ihitir Number SIN Dest'n Nam* Name Number Number ■MMMtaMMHMaMHMMaNMNMaMMNMMMMMMMRMMOMBMBMiaMIMM ■M8MMMWMMN0MMMHMMMMHMMMMI888MMMaNMMMM8MNM8MMM8NM0*M 06/09 03/10 CSAV NORSULICARAI 007S *******55 To ABIDJAN (ABJ) 2003 Cote D'lvolre oa/w Norsui norsul icarai oots *******33 03/09
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      18 33 Confidence in cruises could be hart by spate of collisions Industry should worry about public perception. Page 2
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      12 33 European cure for anxiety attacks discovered on back page. Money back. Guaranteed!
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      581 33 Flight recorders recovered from GAL wreckage HK aviation officials to remove wreckage from airport's southern runway. Back Page Partner at OTJ Management Group, Florida. OTJ management group, LLP, is an international manufacturing and financial system consulting group that rtegralßlogisticsandSLfjply Chain specialises in manufacturing and financial systems implementations and nWWQOTenI project
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      196 34 Keep In Touch When you need answers fast: Whatever, wherever and whenever you ship between Asia, North America and Europe, you're always in touch with NYK Real-Time Shipping Information Y (global home page) www.nykline.com (for USA rates) www.na.nykline.com ZchsdulEE; Shiprrsni: SENLIM AGENCIES PTE. LTD. 133, Naw Bndge Road, #06-09, Chinatown
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      666 34 Lin* eeivteee repreeenled by Members at the Regrtry of M*nb*so#»w Accredited Shipping Agents, BuUU S*XW**« FreigN Forwarders Shaping Amoc I A»oa1on Q ULY UNI MALE Ivissa VOY eta flu Tto f. KUN6 SPOtf MALE Empress Uty V 0499 27/08 25/06 04/09 Princess Lily V 0899 14/09 15/09 24/09 Empress Lily
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      1038 35 I SAX SERVICE (DIRECT) jrasa voir swn» lax ook mi 1 hou 1 m oa [mho I<r I wrc 0)31 11/08 02/09 07/00 07/09 10/09 10/09 IQ/00 10/09 11/00 11/09 AWIMWUOK 0271 2S/00 00/00 14/09 14/09 14/09 15/09 IS/09 15/09 14/09 14/09 mayaowrx oi« 01/09 u/py 21/00 21/09 22/00 22/00
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      1842 35 ®HANJIN SHIPPING jjCF i*M»Lw -Ub *****30 HAJUM SMPTMG (S) HI LTD k«t cm HOOK 2J*****237 SALE 232W24 23. OOONHT 23*171 274 MHHK ********** MM UK 2227H5 FAJ 2221*. 0» lISJ^WfOM TO NW USA A CANADA USA MrfA pwva/w imm I m imkau/vot ISU nIM m oi «r m~] —dtt om
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      189 35 KMTC PROVIDES I "r r L LLLLH container service AaDAwiA na|p/w|aw| n/m_ n*r mi* TO SIHANOUKVILLE/ one bbjhk rns w/w i\/m ti» n/w n/w v/m ivw iiw Aao«BT ww ayw m/w m/m m/w PHNOftl pciju twMiAisyMna m_ wm wm_ u/w m/w jiw mnvm rtnn KMTCHOKOMC TIB «/W V/W *19 N/W
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      1116 36 DSR-SENATOR LINES TOUK/CONTiNKNT TO MKDITERRANEANCANAD A ta win abb turn wv |fu I vessei Ivor pw an tn rot wx «t» JUS 22 1r 11 14 14 WMBOW MM 12.■ 14 M MM UM HMUHOauNG WOP 7 r? N lIM lIM W.N 17 M 11H CMJFOMMKMTTW VMM CM lIM 21M
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      806 36 l*Afl MAC-NbLS S-PORE M'SIA P GUOANG: (07) *****26 V J\s V J IMMTIMMi 8BU: (ot4) *****9 —Ml A (TO *****71 gg&'sgss, xxgsssr"' sssssssss n *™*/n*o I AUCKLAND/LYTTFI TON MV M,LDBURG V9SIS MV «PAO NED LAGOS" V.9223 ETA SIN 06-09 99 ETA SIN: 01-09-99 Abo occapting to Wellington, Nopwr/Punedin PENANO HAIPHONG
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      482 36 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO ****•< S POKE N SHEVA COLOMBO P KLANG 2« G nKr UtEr I#lcr TARPON SILVER V.IS3W H SEP 14 SEP SEP M tfP CAPE CANAVERAL V.IIIW 13 SEP M SEP 21 SEP B3 OCT Haas*™ "S lAHPUK SILVER V IS4W 27 SEP 15 OCT 12
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      1557 37 [VESSEL VOY KHH HKG SIN PKO PQB PXB PMM BA BMC IRAN TABATABAEI PCL-5116 18/08 20/08 24/08 25/08 03/00 04/09 00/00 07/00 09/00 IRANSATTAM PCL-5117 25/08 27/08 31/08 01/09 11/09 12/09 13/09 15/09 17/09 IRAN TEYFOORI PCL-5118 01/09 03/09 07/09 08/09 17/09 18/09 19/09 21/09 23/09 IRAN BAABAEI PCL-5119 08/09
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      1105 37 Mr«ct Cdb H bk (6 Dayi)! iiiif <y J I SINGAPORE'S GfNERAI AGEMTS: 80 ROIINSON RD TEL 226 1900 FAX: *****08 OUTWARD (l/L) *****02 COSTAR SNIPPING PIS LTD #12-00 SALES/MGS 420»57/M WWARD KPT (D/ 0) *****85 COSTAK AGENCIES (M) SON BND j «MO: *****8******1 SINGAPORE 0688*8 CONVENTIONAI *****50/55 T/SHHIT DOT
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      1060 37 [EXPORT I IMPORT l££» IS fJfcfll 1,^1..%^I tffiHtUfe'■ iSI 5 z wm :v'mz \tm ii/w w/w itxwrmcabbobwt mm n —bimmmamm,muam.*ll■ 1888 waimbi)mrm» wana inAWSPACIHC senvki EXPORT IMPORT YKia VOT SN U8 Oil |>OTBBOBBOBWt I) UN RUN- VBSH JWT lO OAC s5 id oslo W» n79T "lt/w ~HM pwuai sa oofw
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      1339 38 EUROPEAJKySCAUDtWAVIA/RiiLAMD^mSfIA SGP i ROM ANW HBG TUP ZEE LHV I LHV TUP RDM ANW HBG PKL SGP I E oaJ<HTiw-«w an imm nm im» 20/09 r\m 22m 1 racer re 21*7 vim mm m/q« hum w/w 30m I ZEEfSSiE ?522 522 222 £2! S'" ltm nm E 12*1 14*1 ism
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      945 38 A i~~ ADVANCE CONTAINER LINES (PTE) LTD TEL: *****21, FAX: *****19, TELEX :RS ***** ACtPL FO BOOKINGS PHASE CALL: *****22 SALES A MARKETING *****21-28 OPERATIONS: *****60/ *****06 CR MO. *****M0000E ■AHOKOK 7».minfWw> JAKAKTA-(7toM^iM>) VESSEL WT 9N lIOC VESSEL VOY SM JKT KOIA HARK (BM/LCH) H1A057 26/8 Thu 29/8 Sun KOIA
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      394 38 SO TH.OK OLANGAH ROM) *02-02 CmPORT CENTRE STORE *****0 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR HO. **********0W VESSEL VOY ETA ETD DESTINATION IRIMAWA 06/99 311M/99 01/09/99 PALEMBAN6/WL. BALAM ILMAMUI 08/99 01U9/99 02AN/M PONTIANAK IRIMAWA 06/99 10/09/99 11/09/99 MUNTOK ILMAMUI 09m 11 mm 114)9/99 PONTIANAK For enquiries
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      476 39 BSfl x MA MYANMA wBBk FIVE STAR LINE (Myanmar National Lin) loading for Yang on (Rangoon) VESSH VOY SIN PKL PEN PGU KING TUNG 4W SID SAGAMG 62W 04/09 MALAYSIA AGENTS: KXJSTIAD SHIPPING AGENCIES KUL TO. (03)*****00 PKL: TEI (03) *****01 FEN: TEI (04)2****** PGU: TEi (07) *****21/4 BANK LINE
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      1433 39 HMNEO HYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOT ISM I SOU IB! RIM ANT NAB MV IS IVESSB VOT|SOU|iai|RTM|M»T|H*M|MV|FHISM NYMKM 321W 24/04 13/09 14/09 15/09 14/09 HM SS4E 02/ M 07/W 04/ M 05/04 24/08 mnun 015W 27/04 17/09 14/09 12/09 14/09 APIPEAM 00( 04/ M 11/ M 07/ M
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      1017 39 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" [VESSEL I VOY I RA*P jjjgff SIM LAX OL MIA SAV Ml ORE NYC NEW MOO TAIKO AHO4 400 fen 6.3* M PORT I\7W 30/09 W OS7TO~ *****" M7TT lo7iF M/lO 15/10 TOURCOING ANOS 4001 MS 6.3* 09/09 11/10
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      742 40 BANGKOK/ map TA PHUT/ LAEM CHABAMOI JAKARTA/PAN JANQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SM JtCT PJN VAMTRABHUM 30SN In Pt 29/06 GURU BHUM ***** 27/06 ~~28/06 KOTA HARTA HTAO67 In Pt 28/06 ANRO JAYAKARTA* 102 28/06 31/ OS MATHU BHUM 429W 28/06 01/09 31/08 AKA BHUM+ 38BS
      742 words
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      277 40 INDONESIA NATIONAL LINE TO AUSTRALIA FULL COtHMNER B RWCt Ujf M| m il m |ml| im\m. B1 w/Bnyl »i/w«/w»/w ii/w as i«/w ii/w iyw n/w nommmam ns b/wm/wI ts/w \i/m b/w b/w mpbmwhi b»lßMljZelw/w| |H/w|p/w|»/w|n/i>j FEEDER SERVICE TO INDONESIA w w aunt 11—■ shujul WT BK«M nuuym m ixmb iu-n»
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      675 40 VOV aw PKL I JED I MLA L&l HTM hMK j VXE DETAWYA T33W 3MB 31/06 CSA» 13M» 1»W 2M» 22A» a«e 2SW M VBXE DE WJRUS A33W> 31/08 OIAM KM» 14AS 2008 21 A» ZVDB 2MB 2MB WLLE O'AQUfWUS gg Q7AB QMS 17A» 22A» 27A08 2M09 Ql/1Q OVIO >*i£
      675 words
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      50 41 INTRODUCING OUR NEW FAR EAST USA TRANSPACIFIC EUROPE SERVICE Turn To Pg 6 FULL CONTAINER (EVERY MON/WED/FRI) EXPRESS SERVICE MSC A encies Ltd Turn To Pg 5 For Service From PASIR GUDANQ/ e SINGAPORE to MIDDLE EAST/VIETNAM China Shipping (S) See Agencies Pte Ltd 8 JH CONTAINER LINE Pg 4
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      54 43 ;?i\ J ST fß> Dial 740-6000 on demand —(Retrieve more schedulesl) Press *1" C -Jp\ Select the port and key in the four digit code -JHieg: To New York (NYQ 2275 I Key in your fax number J your phone number Anothtf innovative service offered by The document Will be
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  • SHIPS IN PORT
    • Article
      Lock icon CONVENTIONAL WHARVES
      777 45 Vessel VoyNo Berth Arrival Departure «c*r» io69s Jk H 'S 25/os/i5oo SIC Mario I ***** J01 25/08/1030 25/08/18 00 Ocean Breeze 2 J04 25/06/5:00 26/06/6 00 P* 2506 2406 J12 25/06/7:45 26/06/8:00 C Success 25-Aug JK> 25/06/9:00 25/06/16:00 Uunhhung T Apr»9 J03 25/06/8:45 25/06/23:59 Sato* World 17 J»
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      Lock icon CONTAINER SCHEDULES
      1791 45 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From Aci 0«Mu 0121 27/0700 1A 25/1500 25/1659 25/I9M It 25/1500 25/1659 25/7900 2* 25/1700 26/0659 26/0900 21 25/1700 26/0659 26/0900 26/0700 26/T159 26/MM 4 26/1200 26/M59 26/1700 Ml Mm Kts
      1,791 words
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      Lock icon GLOBAL HOLIDAYS
      195 45 Aug 29 Philippines: National Heroes Day. Anf 30 United Kingdom: Summer Bank Holiday. Anf 31 Malaysia: National Day. Sepl Mexico: State of the Nation (optional). Sep 6 Canada: Labour Day. Luxembourg: City Kemesse. United States: Labour Day. Sep Iff Japan: Respect of the Aged Day. Sep 16 Independence
      195 words
    • Article
      Lock icon COCKETT BUNKER MARKET REPORT
      784 45 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 averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
      784 words
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      Lock icon VERITAS BUNKER QUALITY REPORT
      461 45 Carta* 180 Mai 990.0 LI 17-5 0.09 72 OA At* 19 Density Water Residue As* AtoaHnluw S«dh»wt No above E25 0 110 0 1 380 Am 964.8 0.4 HO 0.07 37 0.02 Ena 340 Mil 1005.0 2J 18.3 0.13 235 0.08 M/WI VA N/M M/N WW
      461 words
  • Page 45 Miscellaneous
    • Miscellaneous
      Lock icon Page 45 Miscellaneous Column 1
      128 45 LEGEND: R Thunderstorm Temperature c X\ y Shower Weother Wind direction with speed in knots Rom Cloudy Sky Wov< h *'9 h Surface winds are indicated by arrows which My with the wind W n circle ''•presents calm or kght ond vonobte wmds One hoH Heche represents 5 knots l—»
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  • AIR & LAND TRANSPORT NEWS
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      Lock icon Flight recorders recovered from China Airlines wreckage
      682 46 IN HE HE aviation officials to remove wreckage from airport's southern ran way Reuters [HONGKONG] Air accident experts on Tuesday removed cockpit voice and flight data recorders from the scorched hulk of a China Airlines MD--11, as Taiwan officials hinted afresh that pilot
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      Lock icon HK airport slowly returning to normal
      111 46 Bridge News [HONGKONG] Operations at Hongkong International Airport were slowly returning to normal in the wake of a ferocious typhoon and the China Airline crash that left two dead on Sunday. Airport officials said only three scheduled flights were cancelled yesterday and a backlog
      Bridge News  -  111 words
    • Article, Illustration
      Lock icon Merger of Canadian airlines the best option: Alberta premier
      418 46 Reuters [CALGARY] Alberta Premier Ralph Klein said he believed Onex Corp's plan to buy Canada's two big airlines and merge them was so far the best option for the province that once owned one of the carriers. Mr Klein told reporters
      Reuters; REUTERS  -  418 words
    • Article
      Lock icon LanChile to buy 7 Airbus planes worth US$910m
      496 46 European airplane maker making inroads into region dominated by Boeing Bloomberg [TOULOUSE, France] LanChile SA, Chile's largest airline, signed a contract to buy seven Airbus Industrie A *****0 planes worth around US$9lO million (Ssl.s billion) as part of a plan to replace
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    • LOG Book
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        Lock icon Some cargo airlines impose fuel charges
        79 46 Reuters IMiAMi] Airline fuel surcharges off 10 cents per kg of cargo carried have been imposed cm shippers who do business with several major cargo carriers that fly between Miami and Latin America. "We have a newfUel surcharge, which is 10 cents per kilo,
        Reuters  -  79 words
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        Lock icon Continental Air seeks route rights
        61 46 Reuters [W ASHINGTON] Continental Airlines is route rights to launch daily New York-Buenos Aires service by September 2000, the carrier sayß in a Department of Transportation filing. The route rights became available as a result of an agreement between the US and Argentina signed on
        Reuters  -  61 words
      • Article
        Lock icon Rynair's £30m fare promotion
        110 46 Reuters [LONDON] Irish airline operator Ryanair Holdings pic on Tuesday launched what it described as its largest ever "Seat Sale" in a promotion costing £30 million (SJBI million). Under the terms of the offer the lowest fares from London to some European cities will cost £15.99
        Reuters  -  110 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      1580 46 en* FU6HT ET* FU6HT ETC $0325 1450 ****** 2350 MafcMt 1*7301 MO 0A7302 2055 LH77B 1605 S***** 2350 Of82 2055 *Z4578 1605 LH6373 2355 **8229 2230 S***** 1605 S026 2355 LH6380 2230 **7306 1815 S0229 2230 Oft MB iMtirtw BJ37 M55 6*972 0010 F S0909 1645
      1,580 words
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