The Business Times, 27 August 1999

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Total Pages: 54
1 54 The Business Times
  • 23 1 TheBusinessTimes MITA (P) 04&12 85C S I N G A P 0 R E Internet: http://business-times .as ial .com. sg/ FRIDAY, AUGUST 27,1999
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  • 66 1 wmm U (+26.18) mrnn-m U 80L32 (+11.3) flsmaamußES U ***** (+4.00) gJjUBKRIIOOfc STOCK KABKET INDICES Thursday Change KLSE COMP ***** -6.W NIKKEI 17,***** -188.87 HANO SENG 13,608.38 +12M6 SET INDEX 466.07 -12.63 JAKARTA COMP 58L51 -3.74 MANILA COMP —£236.71 23.43 TAIPEI WP1 a»7A7 -2952 SEOUL COMP 969.88 -3.12
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  • 77 1 FOBEX BATES USS SI USS 1.692 £(liSS/SSper£) 1J87 1684 EURO(USS/S$ perE) 1.943 1.764 DM 1.876 0.902 YEN 111.# 1124* RM MOO 0.446 HKS 7.764 0.218 BAHT 3833 0.044 RUPLAH 7,626 0.022 St to 100 units PUME BATES SINGAPORE* 5.80 KUALA LUMPUR 7.28 JAKARTA 40.00 BANGKOK 10.00 MANILA 11.00 HONGKONG
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  • 924 1  -  Analysts say SIA unlikely to suffer any long-term impact to image or finances; shares resilient By i Conrad Raj, Ven Sreenivasan [SlNGAPOßE] Singapore Airlines (SIA), whose shares held up yesterday despite the release of a report on the SilkAir crash, said the group
    Source: Bloomberg  -  924 words
  • 1201 1  -  Asian markets hit by widespread rumours, including freeze of its assets in S'pore By] Larry Wee [SINGAPORE] Rumours that Tiger Fund, one of the largest and best-known of US hedge funds, could be in deep trouble swept like wildfire through Asian markets yesterday, but
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  • 446 1  -  Curbs have turned oat to be largely irrelevant, he says By, Anna Teo [SINGAPORE] Prominent American economist Paul Krugman, who had given qualified support for capital controls in crisis-hit Asian economies, yesterday said Malaysia should begin removing the curbs it Imposed a year
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  • Page 1 Advertisements
    • 158 1 dbbpe N« nore hank baikats Malaysia embarked on the ambitious plan to create six super banks because the government does not want to bail out any more banks in the future, said First Finance Minister Daim Zainuddin, F»4 jfarf; Lock fjjfW Chuan Hup deserves a closer look. But it should
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    • 38 1 Still theme for a dream S Thome restaurants may be passe In the US, but they're still the [qjS in place for many S'pore diners. EXECUTIVE LIFESTYLE ELI KXI9 Next crisis could come from US: Krugman, Pg 3
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    • 65 1 i^T" me to cut club transfer prices are an obstacle 1 Baanmsiiinß i Who is behind AN AUDEMARS PIGUET WATCH? V *4 '*S .p€ 4 ll' Ademars Piglet l.c nuiilrc tic I'horloQvrie dcpuis IM/ r :>«»««•«-.if J> ..it I >' v C.'trn<"}{H* jf Kcgion-i! VurM SlinAfuom vivi.i' (tr'i« Pi' ,kl
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  • SINGAPORE AT HOME & ABROAD
    • 451 2  -  It's 34% up in electronics, industry expected to be engine for growth By, Audrey Tan SINGAPORE'S manufacturers. started the third quarter on a firm footing, as their output surged 17.4 per cent in July Thanks to strong demand for electronic and chemical
      451 words
    • 486 2  -  Ny David Boey WORKERS could see a 1-2 point restoration of the cut in employers' CPF contribution, provided the economy touches a long-term growth rate of 4-6 per cent, said Lim Boon Heng, NTUC secretary-gener-al and minister without portfolio.
      486 words
    • 489 2  -  9 Another 200 ha sea space for fish farms, another 220 ha of land for leafy greens By Marissa Chew THE government will be allocating another 220 hectares of land for leafy vegetable production and 200 ha of sea space as part of its aim
      SIM CHI YIN/ST  -  489 words
    • 394 2 New stables boast better facilities and a modern hospital MOVING into a new home is usually a hassle but it is also usually worth the trouble be it for man or for beast. Here at Kranji, there is good ventilation and roomy quarters, and the whole
      ARTHUR LEE  -  394 words
    • 336 2  -  EYE ON THE ECONOMY Manufacturing By. Audrey Tan THE manufacturing sector should remain a key driver of the Singapore economy in the third quarter, boosting gross domestic product (GDP) growth to 8.5 per cent, says SG Securities. In its weekly brief, Fundamental Asia, the broking
      Source: SG Securitties Research  -  336 words
    • 642 2  -  MAILBOX Dr R C Cooper United Kingdom LATELY, there has been a lot of criticism of lack of transparency and inadequate disclosure, even among our large corporations. Qualitative performance of our audit committees also needs to be upgraded. A successful experiment by the largest
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    • 153 2  -  Ang Hao Yao Singapore I REFER to the article by Lee Han Shih ("Investors should tie fortunes of directors to companies," BT, August 21) and the letter by Peter Chang ("Write about directors making a fast buck," BT, August 25). It is generally agreed
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    • NEWS Roundup
      • 68 2 THE Building and Construction Authority, together with the Singapore Institute of Architects, has launched a handbook, Architecture in Precast Concrete, which looks at the use of architectural precast components, particularly in private residential buildings. Yesterday was also the start of a two-day seminar-cum-exhibition at the Construction
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      • 45 2 IN conjunction with the Singapore Hotel Association, hotel and tourism consultancy Horwath Asia Pacific has released a publication called The 1998 Singapore Hotel Industry Survey of Operations. The study highlighted the impact of the Asia crisis on the local tourism industry.
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      • 78 2 IN Wednesday's BT, we reported an amendment to the Monetary Authority of Singapore's regulations under the headline, "Govt opens up financial guarantee insurance market". The MAS has pointed out that the financial guarantee insurance business has all along been open to foreign participation. The amendment is aimed
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    • 456 3  -  Taxi, commercial vehicle rates raised; more Park Ride carparks By\ Christopher Tan IT will cost up to $4.50 in toll charges to drive from Yishun to town from Sept 6. Charges for seven new ERP (electronic road pricing) gantries were announced by
      Source: LTA  -  456 words
    • 232 3 SINGAPORE is now the sixth most expensive for office occupancy costs in Asia, having fallen two rungs in a ranking done by property consultants Cushman and Wakefield. In its publication Asia Marketßeat, the firm said that effective occupancy costs
      232 words
    • 706 3  -  US dollar and stock prices are mispriced and both are set for abrupt falls By Vikram Khanna THE man who predicted the Asian financial crisis now says the economy that is most vulnerable to a major crisis down the road is the United
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    • 254 3 THE number of Singapore tourists to Australia fell during the first five months this year. During this period, 87,900 Singaporeans visited Australia, down 4 per cent from the previous corresponding period. This was revealed in the latest issue of the Queensland Investment Report produced
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  • Page 2 Advertisements


  • ASIA ON THE MEND
    • 339 4  -  He says super six created as govt cannot keep on propping np banks From Eddie Toh in Kuala Lumpur MALAYSIA embarked on the ambitious plan to create six super banks because the government does not want to bail out any more banks in the
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    • 415 4 Reuters [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad said yesterday that the Malaysian ringgit would remain fixed at 3.80 per US dollar but that he did not know if the peg would continue for another year. The official Bernama news agency quoted Dr
      Reuters; REUTERS  -  415 words
    • 222 4 DAIM Zainuddin, the second most powerful man in Malaysia after Prime Minister Mahathir Mohamad, is so incensed with the foreign media's coverage of Malaysia last year that he will no longer grant interviews to them. "I have decided not to agree to interviews
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    • 331 4 Asian recovery has been cyclical in nature: GIC Bridge News [SINGAPORE] Asian economies are not likely to face substantial negative fallout if China devalues the yuan by 10-15 per cent, Teh Kok Peng, president of special investments at the Government of Singapore Investment
      Bridge News  -  331 words
    • 393 4  -  Its 113% recovery rate so far unlikely to be maintained From) Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S asset management company Danaharta expects to reach resolutions for up to 85 per cent of its total portfolio of 39.3 billion Malaysian ringgit
      393 words
    • 452 4 Reuters [CANBERRA] US Assistant Secretary of State for East Asian and Pacific affairs Stanley Roth warned the Asian region yesterday to be vigilant about the need for further economic reform. "I think there is a danger of complacency and that if
      Reuters  -  452 words
  • Page 4 Advertisements
    • 437 4 ALEXANDRA HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ALEXANDRA HOLDINGS LIMITED (the "Company") will be held at 10 Collyer Quay #21-01 Ocean Building Singapore *****5 on Monday, 13 September 1999 at 12.00 noon for
      437 words
    • 99 4 1-"'"" v Jlf f SEEKING A BUSINESS PARTNER An established and leading company representing major brands in the distribution and installation of electrical home appliances and air conditioners for over. 18 years seeks an entrepreneurial joint venture partner. Providing viable operations and a great business opportunity based on its past
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  • Page 5 Advertisements
    • 148 5 fed! S7 a 1 1 j iVieio Citibank Cathay Pacific W<<a cardmcmbers 2j*s.i£fisB And wmk,a first-year fee fastest may for you to earn mites ||l m Arfur Miles /yreflt^j^^^H »gPf ;JSH Ifc* Mr# /#r «wy the rates in town. This gets even more fl attractive when you ase yoar card
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  • SOUTH-EAST ASIA
    • 468 6  -  Probe panel proposes to Indon Parliament to revoke award of pipeline project Froml Shoeb Kagda in Jakarta SINGAPORE'S US$B billion (5513.5 billion) natural gas deal with Indonesia may face delays following a recommendation to Indonesia's Parliament that it revoke the US$335
      468 words
    • 433 6  -  BANK BALI SCANDAL Jakarta moves follow warnings by IMF and World Bank Prom Shoeb Kagda in Jakarta INDONESIA yesterday took concrete steps to try and resolve the Bank Bali scandal it said an independent audit would be completed by Sept 7,
      REUTERS  -  433 words
    • 196 6 JAKARTA AFX-Asia INDONESIA'S Coordinating Minister for Development Supervision and State Administrative Reform Hartarto Sastrosoenarto said it will depend on President B J Habibie when to announce the results of the investigation into former president Suharto's wealth. "We (ministers and attor-ney-general)
      AFX-Asia  -  196 words
    • 311 6 BANGKOK Reuters MOODY'S Investors Service yesterday said the Thai economy was near the bottom of its long recession, but it might take time for Thai banks' non-performing loans (NPLs) to peak. Deborah Schuler, Moody's financial institutions group senior analyst,
      Reuters  -  311 words
    • 392 6  -  From Harish Mehta in Bangkok THREE foreign consortia are keen on investing more than 300 billion baht (5513.2 billion) to kickstart Thailand's ambitious shipping canal to be built across the southern Isthmus of Kra, Thai reports said yesterday. Investors
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    • NOTE Book
      • 64 6 Reuters [BANGKOK] Most creditor banks are likely to reject Thai Oil Co'B US$2.l7 billion (553.66 billion) debt restructuring plan, The Nation said yesterday. The daily quoted an unidentified Japanese banker as saying Japanese and other creditors would likely reject the plan, approved by
        Reuters  -  64 words
      • 72 6 AFX-Asia [JAKARTA] The government is expected to release next month a ruling on mergers, consolidations and acquisitions in a follow-up to the enactment of the anti-monopoly and healthy competition bill, Bisnis Indonesia reported. "Under the planned ruling, there will be no need for companies
        AFX-Asia  -  72 words
      • 84 6 Reuters [JAKARTA] Indonesian car manufacturer PT Astra International said yesterday the Indonesian Bank Restructuring Agency was considering selling its shares in Astra to the market at the end of September. Astra would like to combine the sale with its owns plans to ofifer new shares,
        Reuters  -  84 words
      • 87 6 Reuters [HANOI] Private Indonesian dealers have defaulted on contracts to buy 40,000-50,000 tonnes of rice from Vietnam because of import restrictions and fluctuations of in rupiah, traders said yesterday. Two traders in Ho Chi Minh City said some Indonesian buyers had been told by
        Reuters  -  87 words
  • Page 6 Advertisements
    • 1007 6 f Sics I THE INSURANCE CORPORATION OF SINGAPORE LIMITED I (Incorporated in the Republic of Singapore) j (AN ASSOCIATE OF DBS BANK) j iI) The Board of Directors announces the following unaudited results lor the Group and Company for ttM six months ended 30 June 1980: j Group Company j
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  • Page 7 Advertisements
    • 772 7 A SPECIAL BUSINESS NEWSLETTER EDITION AUGUST 1999 Finance for Growing Companies i— W 1 gnRH For swfl// and medium size enterprises, 0/i£ 0/f/i£ biggest obstacles to growth is access to finance. Singapore Finance shows the steps an enterprise should take to obtain finance fAtf information and business figures that are
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  • CHINA-HONGKONG-TAIWAN
    • 403 8 SHANGHAI Central bank prepared to print more money if reserves drained Bridge News CHINA'S central bank has ordered the country's "Big Four" state-owned commercial banks to begin bolstering their cash reserves to prepare for any depositor runs related to the
      Bridge News  -  403 words
    • 496 8 HONGKONG Even with falling prices retail sales have slumped for 20 consecutive months Bloomberg HONGKONG is abuzz about Admart. The three-month-old discount shopping and delivery service is luring customers through full-colour newspaper inserts and a chain of 44 bright yellow storefront outlets, igniting a
      Bloomberg; FILE PHOTO  -  496 words
    • 358 8 HONGKONG Value of imports up 3.7% as domestic demand picks up Bloomberg HONGKONG'S exports rose 3 per cent in July from a year earlier, the first increase since March 1998, as the city sent more shipments to Asia, Europe and the
      Bloomberg  -  358 words
    • 200 8 U BEIJING Reuters CHINA will launch a nationwide campaign to eradicate random fees imposed on for-eign-funded companies, the China Daily reported yesterday. The campaign by the State Development Planning Commission and the Ministry of Foreign Trade and Economic Cooperation would
      Reuters  -  200 words
    • 216 8 BEIJING Bloomberg CHINA Petrochemical (Group) Corp, China's second biggest petroleum company, said yesterday that it had hired Morgan Stanley Dean Witter Co and China International Capital Corp (CICC) as global managers for its share sale, estimated to be worth as much as US$B
      Bloomberg  -  216 words
  • Page 8 Advertisements
    • 202 8 V r <^ ■'4S&* ISBfcS-"'' rjw s rl .is SB r --rmSy-' gWr' S*** r ■-■>• 5 itmwr > r I imfci ./-v^'■ How turtitflent waters if there are no bridges to cross? m^m: -a»»— ■"Vitf'-"'-^^^^.-•" FARTH. WlfJI), WAIIK ft VtfAKA Imagine Nat urn pumaf yi Yf at I hi;
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  • ASIA
    • 494 9 DAEWOO DEBACLE Workout programme covers 12 units; govt offers tax breaks, cheap loans for Daewoo suppliers Bloomberg [SEOUL] Daewoo Group's domestic creditors said they froze interest and principal payments on the debt of 12 group units for about three months, giving the ailing conglomerate breathing
      Bloomberg; REUTERS  -  494 words
    • 336 9 SYDNEY Bloomberg AUSTRALIAN business investment fell four times more than expected in the second quarter, heralding economic growth will cool as miners such as WMC Ltd slash investment plans. Business spending on buildings, equipment and machinery fell 15.8 per cent to A 59.7 billion
      Bloomberg  -  336 words
    • ASIA Notes
      • 57 9 Bloomberg [TOKYO] Japan's Financial Supervisory Agency launched an inspection of Tokyo units of the Deutsche Bank group to examine the units' risk management systems. A Deutsche Bank spokesman confirmed that FSA inspectors had arrived at all seven of the group's Tokyo businesses yesterday. Deutsche
        Bloomberg  -  57 words
      • 56 9 Bloomberg [SEOUL] Korea Gas Corp, South Korea's state-run monopoly gas importer, abandoned talks to sell a 10 per cent stake to Osaka Gas Co and a group led by Government of Singapore Investment Corp. The move underscores decreasing urgency in the nation's overseas
        Bloomberg  -  56 words
      • 58 9 Reuters [SYDNEY] The Australian dollar should rise to 72 US cents in Q3 of2ooo, Salomon Smith Barney said yesterday. But recent losses have seen its end-1999 target revised down to US$O.66 due to weak gold and commodity prices, under Salomon's fair value
        Reuters  -  58 words
      • 71 9 Bloomberg [SEOUL] North Korea's economy shrank for a ninth year in 1998, as a rise in agricultural production was offset by a slide in manufacturing and construction, South Korea's central bank said. Gross domestic product contracted at 1.1 per cent after a 6.8
        Bloomberg  -  71 words
    • 312 9 TOKYO The weakest may not survive because of bad loans: Moody's AFP JAPAN'S regional banks are facing a bleak future in which the weakest may not survive, US credit ratings agency Moody's Investors Service warned yesterday. "Asset quality problems remain for the regional
      AFP  -  312 words
  • Page 9 Advertisements
    • 91 9 v^ l K X f /s ".I \I I j now of timo The C\)Hi]ui<t(filor Colin lion a) Sfl; S > y N h /i W'' > '•M Sim I iv'i K |mi 11 D: SIMrX|,,,KI c Nir r n r mm nm\ 1 N 11 III > »M| I
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  • THE WORLD
    • 569 10 LONDON ECB keeps lending rates unchanged but is expected to np key rate by year-end Bloomberg [LONDON] The euro climbed from its weakest level yet against the yen and rose versus the US dollar amid speculation that the European Central Bank may raise
      Bloomberg  -  569 words
    • 49 10 [MARTHA'S VINEYARD, Massachussetts] US President Bill Clinton's spokesman and White House Press Secretary Joe bockhart showed a lighter side as he conducted his daily briefing at Edgarton School on Wednesday. The President and his family are now on vacation at Martha's Vineyard. AFP
      AFP  -  49 words
    • 244 10 LONDON Reuters THE British economy is geared for a smooth take-off, with even battered manufacturers expecting a brighter future, the Confederation of British Industry (CBI) said yesterday. But it appealed to the Bank of England to keep its finger off the interest rate trigger because there was
      Reuters  -  244 words
    • 593 10 He won't make any new investments for foreseeable fatnre Bloomberg [CANNES] Billionaire Saudi Prince Alwaleed Bin Talal, the single biggest shareholder of Citigroup and Apple Computer, says US stocks are so expensive that he won't make any new investments for the
      Bloomberg  -  593 words
    • 542 11 WASHINGTON Bat analysts don't see economy slowing down and expect bigger Q3 growth Bloomberg THE US economy grew at a slower than previously estimated pace during the second quarter as record imports subtracted from domestic production and inventory growth slowed. Corporate profits
      Bloomberg  -  542 words
    • 374 11 LONDON Dealers say no sign of basic change in market direction Reuters WORLD oil prices bounced back yesterday from a sudden downturn that threatened to clip the wings of the market's long rally. International benchmark Brent in London was up
      Reuters  -  374 words
    • 473 11 Daley expects trade deficit to get worse, triggering backlash Reuters [WASHINGTON] US Commerce Secretary William Daley expressed concern on Wednesday about a growing trade deficit with Europe and said he expected the gap to intensify friction between the two trading giants. US officials
      Reuters; AFP  -  473 words
    • 285 11 LONDON Reuters FIRST indications that Britain's housing boom may soon level off surfaced yesterday as the British Bankers' Association said home loan approvals had dropped in July from June's peak level. This will come as welcome news to the Bank of England's
      Reuters  -  285 words
  • Page 10 Advertisements
    • 467 10 ibtr LABROY MARINE LIMITED (Incorporated in the Republic of Singapore) 1909 INTERIM RESULTS The Directors of Labroy Marine Limited wish to announce the unaudited results of the Company and the Group for six months ended 30 June 1999 as follows: GROUP COMPANY 1999 1998 1999 1998 Ssooo Ssooo SS'OOO SSOOO
      467 words
    • 14 10 Buy It. Sell It. Find It. Classified. CATS. Call Today For Results Tomorrow. 1800-737-1166
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  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 46 12 I Launching The New LEGACYrfeI/^ I Star Challenge I BfiSt Ciir Best Driver Competition 'ffIWWHW 111 r -n> I I Win a to the Tokyo Motor Show '99 sth Sep 99 Venue: Caltex Havoline Rally 1999, Kallang Carpark B Time: 2pm |^[_^£J_g^J^j^_^£^J-EGACYRSK^INCORPOR^nN^^^^^^ECH^o!^G^AN^TAF^^^E^^rE^TB H rCO ler ®®E3ZEEZ!3B
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  • EDITORIAL & OPINION
    • 679 13  -  THE BOTTOM UMB OPINION By Jean Michel Severino The writer is vice-president, East Asia the Pacific region, of the World Bank. This comment is excerpted from a speech he delivered on Monday to the Jakarta Capital Markets Conference CORRUPTION is endemic in
      679 words
    • 145 13 'Our cause is not to divide but to end the tragedy of people leaving Kosovo. We are not separating the country but organising local government' Momcilo Trajkovic the leader of the Serbian Resistance Movement and the only prominent Serbian politician left in Kosovo, on creating autonomous islands
      145 words
    • 639 13 EDITORIAL THE thousands who staged a protest rally in Manila's financial district last week seem to have jumped to the conclusion that President Joseph Estrada's proposal to change the Constitution is really a way for him to cling to power beyond his set term Whatever led
      639 words
    • 923 13  -  Insider trading case of Aussie merchant banker Hannes raises questions about market pricing By\ Manjit Bhatia The writer is lecturer in political economy at the University of Queensland in Australia SIMON Gautier Hannes has the youngish good looks, drive and ambition
      FILE PHOTO  -  923 words
    • 1085 13 China, Rnssia stfll BMd US LONG before the Kosovo war, the political climate between Russia and China started to improve. Hostility between the two giants was stoked by their rival pretensions to be the true fount of communism, and was therefore greatly eased by the collapse
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  • Page 14 Advertisements
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      197 words

  • COMPANIES & MARKETS
    • 823 15  -  Provisions, mostly for China projects, drive it 38% deeper into the red By Carol Eng {SINGAPORE] Liang Court Holdings yesterday became the first listed company to report half-time losses this year, with a 38 per cent rise in interim losses
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    • 378 15  -  Comp&ny warns of possible losses in second half By\ Lee Han Shih [SINGAPORE] Investors smelled trouble when John Wong abruptly quit as managing director of Hong Leong Asia (HLA) on May 31. Yesterday, the building materials supplier released a dismal set of interim results
      378 words
    • 598 15  -  HOCK LOCK SIEW Wong Wei Kong INVESTORS these days are drawn to companies that tell sexy stories, never mind their actual performance. The trouble with this is that many investors end up chasing dreams but miss out on the quiet, steady performers who have
      598 words
    • 255 15 CORPORATE RESULTS [SINGAPORE] Full-year earnings at construction firm Lian Beng have risen 16 per cent to $9.4 million, despite sales falling 23 per cent. Due to the difficult economic climate which resulted in weak demand in the construction sector, Lian Beng's
      255 words
    • 260 15 [SINGAPORE] Ace Dynamics, a mainboard listed supplier of industrial equipment, yesterday posted a modest one per cent rise in interim profit to $517,000 and added that it should end the year on a profitable note. The company said yesterday its profits
      260 words
    • 262 15 [SINGAPORE] Venture capital firm Transpac Industrial Holdings has returned to the black with an $8.54 million net profit for the six months ended June 31, 1999, a sharp contrast to the $40.75 million loss it chalked up in the same period last year.
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    • 310 15 [SINGAPORE] Cost-cutting measures and recovery in the electronics and telecommunications industries led to a spectacular earnings surge for Fu Yu Manufacturing. The electronics plastic injection parts maker reported an 18.6 times jump in net profits to $8.96 million for the first six
      310 words
    • 131 15 [SINGAPORE] Oakwell Engineering saw net profit soar 76 per cent to $703,000 in the six months to June 30 this year. Earnings per share also grew 76 per cent to 0.88 cent at half-time. The group's operating profit before tax more than doubled to
      131 words
    • COMPANIES
      • 497 16  -  The ops will later be moved to Malaysia for economies of scale: sources From Ruth Wong in Kuala Lumpur SINGAPORE'S Yeo Hiap Seng is expected to announce today that it will hive off its food and beverage business to its
        497 words
      • 360 16  -  By Wong Wei Kong [SINGAPORE] Benefiting from better rates and capacity expansion, Labroy Marine's net profit for the half year to June rose 27 per cent to $11 million from a year ago, while turnover increased 16 per cent to
        360 words
      • 556 16  -  UOB is top gainer as analysts re-rate bank after briefing By\ Siow Li Sen [SINGAPORE] Shares in DBS Bank yesterday spurted to new records ahead of today's merger of its Local and Foreign tranches while United Overseas Bank (UOB) was
        FILE PHOTO  -  556 words
      • 133 16 [SINGAPORE] DBS Land, which recently bought a 22.63 per cent stake in Sea View Hotel, has increased its share in the listed company by another 0.36 per cent. A statement from the developer said that with the additional acquisition, its interest
        133 words
      • COMPANY Briefs
        • 58 16 [SINGAPORE] Dairy Farm International yesterday announced a joint venture with Spencer Co, part of India's leading conglomerate RPG Group, to run supermarkets in India. Dairy Farm will invest an initial US$6 million <Sslo million) fbra4Bper cent stake in the venture, which will acquire 29
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        • 61 16 [SINGAPORE] SM Summit has received pi oneer status from the Economic Development Board for the manufecture of advanced optical media products, ami has also partnered Swiss-based MIE Systems to make discs with 18MBor 30MB capacity,called CD-cards, In Singapore. SM Summit owns 51 per cent
          61 words
        • 59 16 [SINGAPORE] DBS Bank yesterday said that all *184 million Baronet fixed-rate secured bonds Issued to fund the former Yen San building purchase have been fully taken up. The issue comprised $120 million senior bonds and 164 million Junior bonds. Of the senior bonds.
          59 words
        • 65 16 [SINGAPORE] Nobel Design Holdings has appointed Dlgiland International and SparkMedla as partners to develop its first e-commerce Web site, home2be.com. The Web site will be a home products portal that will provide consumers with Information and services for things like furniture and appliances. Digiland, a
          65 words
        • 33 16 [SINGAPORE] Hwa Hong Corp has bought a 33.5 per cent stake or 335 shares of £1 par value In UK property owner Exceptenigma for £338 (*****).
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      • 205 16 [SINGAPORE] Auric Pacific Group yesterday reported a 33 per cent fall in net profit to $1.56 million for the half year ended June 30. The fall came despite an extraordinary gain of $7 million, compared to an extraordinary loss of $4.6 million previously. Auric
        205 words
      • 293 16  -  By I Soh Tiang Keng [SINGAPORE] Insurance Corporation of Singapore achieved a turnaround for the half year to June with a net profit of $23.4 million, against a net loss of $3.8 million previously. An ICS spokesman attributed the turnaround mainly to recovery
        293 words
      • 572 17  -  Cheung Kong's net 63% up; HWL 70%; Li Ka-shing repeats commitment to HE From Quak Hiang Whai in Hongkong LI Ka-shing's Cheung Kong (Holdings) and Hutchison Whampoa Ltd (HWL) yesterday reported interim results which were below analysts' expectations, with an overseas exceptional
        572 words
      • 267 17 Reuters [HONGKONG) A Hongkong sister firm of Li Fung Ltd said it and Toys R Us Inc would form a joint venture to buy the US toy retailer's operations in Hongkong, Taiwan, Singapore and Malaysia, and to expand its Asian business. Li
        Reuters  -  267 words
      • 201 17 [SINGAPORE] Homegrown contract manufacturer Asian Micro Holdings has received in-principle approval from the Stock Exchange of Singapore for a listing on Sesdaq. Overseas Union Bank will manage and underwrite the company's initial public offer, details of which are not available yet.
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      • 151 17 Bloomberg [SINGAPORE] Goldman Sachs International went ahead with its sale of 100 million covered warrants on City Developments Ltd, Singapore's largest publicly traded property company. Earlier, the US investment bank indicated that it had the right to terminate the issue if the price of City
        Bloomberg  -  151 words
      • 206 17 [SINGAPORE] MMI Holdings Ltd has signed two agreements to acquire majority stakes in Unics Automation and Megatech Electronics. It said in a statement yesterday that it would acquire a 55 per cent stake in Unics' enlarged share capital for $3.9 million. Unics
        206 words
      • 260 17 It plans to l&nnch the sale of these Taqjong Rhn units in Q4 [SINGAPORE] Mainboard listed contractor Poh Lian Holdings said yesterday that it had bagged a new, 18-storey apartment block in the Tanjong Rhu area for $38.5 million and added that
        260 words
    • INTERNATIONAL COMPANIES
      • 438 18 Index caretaker will cut weighting of stocks if they are narrowly traded Reuters [LONDON] London's stock market index manager FTSE International, on Wednesday announced a series of rule changes to its benchmark FTSE 100 and other indices, heralding significant changes in their make-up.
        Reuters  -  438 words
      • 290 18 Bloomberg, Reuters [BRUSSELS] Belgacom, Belgium's biggest phone company in which Singapore Telecom has a 12.15 per cent stake, said first-half profit rose 6 per cent and predicted record sales and earnings for 1999. Net income rose to 209 million euros (SS36B million)
        Bloomberg,; Reuters  -  290 words
      • 285 18 Reuters [AMSTERDAM] ABN Amro, the biggest bank in the Netherlands, yesterday mounted a 1.21 billion euro (552.15 billion) friendly bid for Dutch property group Bouwfonds Nederlandse Gemeenten in a move designed to boost its European mortgage and real estate business. The
        Reuters  -  285 words
      • GLOBAL Briefs
        • 103 19 Bloomberg [SAN JOSE, California] Komag Inc, the No 1 maker of disks used in computer disk drives, will cut about 480 jobs, or almost half of its remaining US workforce, and shift manufacturing to Malaysia to slash costs. Komag will close two plants in San Jose,
          Bloomberg  -  103 words
        • 93 19 Bloomberg [AMSTERDAM] ING Groep NV, the biggest Dutch financial-services company, said first-half net income jumped 90 per cent as profit from insurance more than doubled and investment bank ING Barings returned to profit. Net income rose to 3.31 billion euros (Sss.B billion), or 3.46
          Bloomberg  -  93 words
        • 64 19 Bloomberg [LONDON] British Telecommunications pic (BT), the UK's biggest phone company, said it bought Yellow Book USA, the US's largest independent yellow pages publisher, for US$665 million (Ssl.l billion) as it builds its online directory business. BT said New York-based Yellow Book will become
          Bloomberg  -  64 words
        • 71 19 Reuters [LONDON] Rolls-Royce pic yesterday announced a US$l billion (Ssl.7 billion) order to supply gas turbines for four US super-fast ships, its biggest marine engine deal to date. The news came as the company posted first half pre-tax profit of £159 million (*****.6 million), saying its
          Reuters  -  71 words
      • 523 19 Two online brokers in US launch 6pm to Bpm trading session NYT [NEW YORK] In a small corner of Wall Street, people have been talking about this for years: Why not offer individual investors a way to buy and sell stocks after the 4pm
        NYT  -  523 words
      • 442 19 Purchase of phone systems firms enable it to take shot at Lucent, Nortel and other players Bloomberg [SAN JOSE, California] Cisco Systems Inc, the world's biggest maker of Internet equipment, agreed to buy two closely held companies for US$7.4 billion (5512.5 billion) in
        Bloomberg  -  442 words
      • 180 19 Reuters [WASHINGTON] Arthur Levitt will become the longest serving chairman of the Securities and Exchange Commission (SEC) next month with nearly four years left in his term, the agency said on Wednesday. Mr Levitt, who started at the regulatory agency on
        Reuters  -  180 words
      • 374 19 Web site will allow user to compare rates, boy policy Reuters [PALO ALTO, California] Hewlett-Packard Co has announced a new partnership to put more of the insurance market, often regarded as one of the most Internet-resistant businesses, online. The company has teamed
        Reuters  -  374 words
    • FINANCE & COMMODITIES
      • 503 20 Bank One warns competition will cause gains to fall short of expectations Reuters, NYT [NEW YORK] Investors unloaded stocks of credit card companies Wednesday after a major player, Bank One Corp, stunned the financial community with its warning late Tuesday that
        Reuters,; NYT  -  503 words
      • 271 20 Bloomberg [HOUSTON] Chemical manufacturers such as Lyondell Chemical Co, Dow Chemical Co, Union Carbide Corp, Millennium Chemicals Inc are contending with unexpectedly high raw-material costs that will squeeze their sec-ond-half profits. The rise in costs comes as investors have returned to the
        Bloomberg  -  271 words
      • 42 20 [TOKYO] A woman displaying sample 20~euro bills in front of a cash dispenser at the Euro Exhibition in Tokyo on Wednesday. This is the first time the new international currency is being shown outside the European Union. AFP
        AFP  -  42 words
      • 357 20 Foonder of failed Long-Term Capital looking for USslb Bloomberg [NEW YORK] John Meriwether, founder of the failed Long-Term Capital Management LP (LTCM), is trying to raise US$l billion (SSI.7 billion) for a new hedge fUnd, according to people who have spoken with
        Bloomberg  -  357 words
      • 337 20 Met Life will meet policyholders' demands for USs&Bb Bloomberg [NEW YORK] General American Life Insurance Co accepted an offer from Metropolitan Life Insurance Co to buy the Missouri insurer for US$l.2 billion (Ss2 billion), providing the means to repay policyholders demanding
        Bloomberg  -  337 words
      • Article, Illustration
        1171 21 WTERBAMK CROSS RATBS Aug26 o »■> tw nr HttWb y« Won m«$Nfc»»Pw S$ Bad Sfr «tt 8«t *mt IBS Australia 0.946 6.178 0.605 3.971 1.184 4.902 27.478 48.144 0.701 7.517 2.399 1227 32.732 25.095 1068 3348 0.970 20.123 24.198 0.398 0.631 ';°U 5540 4 w 5.184 29.*****.905 0.741 7.948 2-537
        1,171 words
      • 1771 21 SICOM FUTUUBS Aug 26 RUflNR (Mms ctosmq «s <t SJOpm) BSS t CONTRACTUS cmts/kq) ClOM VofaHM OpM North High low Sott (townts) totwtst Stp 99 89.50 Od 99 92.75 1200 Ho* 99 94.25 300 Dtc 99 96.75 300 JwAtor 00 100.75 300 Apr/Jw 00 104.25 M/Stp 00 107.25 RSS 3
        1,771 words
      • 252 21  -  Reports MS& Singapore Index Daphne Tay, Jardine Fleming BUOYED by another record session on Wall Street overnight, the Singapore stock market had a delightful day yesterday with the benchmark Straits Times Index closing at the day's high of 2,162.54, up 26 points
        252 words
      • 197 21  -  MSCI Taiwan fixtures Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures plummeted 7.5 points amid concerns over falling high-technology shares led by Taiwan Semi-Conductor Manufacturing Company. The Taiex feU 29.52 points to 8,097.57. Investor sentiment was cautious when the
        197 words
      • 223 21 Reuters [LONDON] Copper prices remained weak yesterday after labour news pointed to increased supply, but the market should rebound soon on stronger demand and mine mergers, analysts said. Three-month copper on the London Metal Exchange (LME) dropped by about US$4O late
        Reuters  -  223 words
      • 319 21 Reuters, AFP London THE euro staged a partial recovery yesterday as shortcovering in the euro/yen market helped the single currency off overnight life-lows, but the relief could be short term. The euro has buckled as investors bought the yen on hopes of a long-awaited Japanese economic recovery, which
        Reuters,; AFP  -  319 words
    • Article, Illustration
      1328 22 AFP QHmgSeng +128.2S HONGKONG share prices rose nearly one per cent yesterday following an overnight record high on Wall Street, dealers said. The key Hang Seng Index gained 129.25 points, or 0.96 per cent, to close at 13,608.38 on turnover of HKS7.O3 billion. "The gains are made on the
      AFP  -  1,328 words
    • Article, Illustration
      509 22 Reuters Shenzhen B Index +0.7 SHENZHEN'S hard currency B shares closed higher yesterday, buoyed by gains in Shanghai B shares and Hongkong stocks, brokers said. But poor interim corporate results weighed on the market, they said. Shenzhen's B share index edged up 0.7 point, or 0.77 per cent, to
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  509 words
    • 311 22 AFP DWPfajg -29.52 TAIWAN share prices closed 0.4 per cent lower yesterday as late profit-taking eroded early gains, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 29.52 points to 8,097.57, following a 1.8 per cent rise in the previous session. The bourse opened higher on Wall Street's
      AFP  -  311 words
    • 2094 22 ma n«m *h a Group 8.55 0.03 Abbey National 10.52 0.16 A B Foods 4.13 -0.13 A B Ports 3.48 0.10 AstraZanpca 25.05 -0.17 AManca I Leicester 8.52 0.38 AJIedOomecq 5.62 -004 Aided Zirtdt 7.91 0.07 Anqlo American Gold 43.70 undi ASOA Croup 2.20 -0.02 Bank of
      2,094 words
    • 1599 22 AFP Q Nikkei 225 -VBSSI SHARE prices in Tokyo closed 1.1 per cent lower yesterday on late selling sparked by the yen's gain against the dollar, brokers said. "Selling gained momentum as the yen rose into the range of 110 yen," said Hiroichi Nishi, manager of Nikko Securities Co
      AFP  -  1,599 words
    • KUALA LUMPUR STOCK MARKET
      • 396 23 AFP. AFX-Asia CI Composite Index -6.68 MALAYSIAN share prices closed 0.9 per cent lower yesterday on continued foreign selling as investors ignored news of favourable second-quarter growth figures, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 6.68 points to finish
        AFP.; AFX-Asia  -  396 words
      • 7781 23 INDUSTRIALS CwiMmr prefects W Last Vol Day Net Cap Htgl» Law C»w»—y Sale -000 HUH Low P/I $m8 440 255 A|inomoto 320 20 3 129 7 174 46 Angkasa 110 -2 n5 113 100 162 2 404 220 Apollo Food Mlg 320 -8 4 326 320 n.1 128.0 294 115
        7,781 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • 197 24  -  WARRANT WATCH By R Sivanithy GOLDMAN Sachs and DBS Securities are issuing a new covered warrant on City Developments. The reference price of the underlying share for setting the terms of the warrant is $10.80. even though CityDev closed at $10.90 yesterday. Here
        197 words
      • 2179 24 BONDS, LOANS i WARRANTS wt 52-Wk Last Vol Day Last Quota Avq H«jn Low St no Company Sal* »or I OOOl Hlfh Low Bayer Saiar Met 104 3 s 3160 "Acer ******1 USS 53.5 2 5 509 60 53 53 54 80 4.5 s 3164 Acma ******4 40 -2 195
        2,179 words
      • 219 24 HONGKONG STOCKS Gr Cr 32-Wk Last Vol Day Last OuoU Dtv Dtv YW Net M Cap High Law Stno Company Saw COOP) Htqh Lai Buyoc SaKar Cw P/I $mM 365 173 5123 COL (2000) HK 280 cd -2.5 28 285 280 277.5 300 8 3.7 2.9 9.5 5539.6
        219 words
      • 270 24 AFP PI Wellington ♦IXO6 A FURTHER recovery by Telecom pushed the New Zealand share market up 0.6 per cent yesterday, its first higher close for a week. The NZSE-40 Capital Index rose 13.08 points to close the day at 2,144.65 on turnover of NZ$9B.3 million. US (000) Advantage M05
        AFP  -  270 words
      • Article, Illustration
        872 24 AFP Q SET Index -12.63 THAI share prices closed 2.7 per cent lower yesterday on profit-taking mainly in banks, after sharp gains the previous day. Thai Military Bank pic and Krung Thai Bank pic led the decline after rating agency Moody's failed to confirm market talk that it was
        AFP  -  872 words
      • 414 24 AFP Q Composite Index -3J2 SOUTH Korean share prices closed down 0.32 per cent yesterday, giving up early gains on news that creditors plan to put units of the ailing Daewoo Group under a rescue plan, dealers said. While the move may help remove some of the uncertainty about
        AFP  -  414 words
      • 644 24 AFP QAD Ordinaries +118 AUSTRALIAN share prices finished 0.4 per cent higher yesterday, drawing little inspiration from some sound profit results and another record close on Wall Street. The All Ordinaries Index closed 12.8 points higher at 3,046.10. The All Industrials Index closed up 38 points at 5,263.30, while
        AFP  -  644 words
      • Article, Illustration
        727 24 AFP P Composite Index -3.74 INDONESIAN shares closed 0.6 per cent lower yesterday in thin trade amid continuing concerns over the broader implications of the Bank Bali scandal, dealers said. The Jakarta Stock Exchange Composite Index was down 3.74 points at 581.51 on turnover of 342.06 million shares valued
        AFP  -  727 words
      • 312 24 AFP Q Manila -23.43 PHILIPPINE share prices closed 1.03 per cent lower yesterday after almost a week of steady gains as foreign fund managers focused on more robust Asian markets amid a lack of incentives locally, analysts said. The Philippine Stock Exchange Composite Index fell 23.43 points to settle
        AFP  -  312 words
    • 7466 25 Transaction date: Aiu; 26 I Qf Qf M Wt 52-Wk Last Vol Day Last Ouott Dlv Otv VM Nat Cap A»g H>ffc 1— HW» Csmpawy M> (*000) Hm L— Bwyar 1»»ir C'VT H P/I tmM Wet MULT1-INDUSTRY 182 17.5 m b 1000 Acma 50c
      7,466 words
    • 1483 25 Gr 6r M Wt Last Val 0«Y Last Ouot* Otv Otv YM N*t CM An Ltm 8tM» Ciwmi) *t; rOOO) MN» Law 8»yar 8a8ar Cw M Prtca MANUFACTURING 218 43 C 2049 'ASAutolOc 195 *4 S7I IN 191 195 196 10 N 0 5 222.7 191 SI JK e
      1,483 words
    • STOCK EXCHANGE OF SINGAPORE
      • 336 26 BSBHE Stacks ¥afc— 'Genting Int 28,435,000 Uraco HldqslOc 24,947,000 PCI 25c 20,126,000 Leong Hin 20c 19,752,000 Asia FoodSProp US$ 16,871,000 SMB United 10c 15,354,000 Lian Beng 5c M,540,000 Pol) Lian 10c 13,989,000 Golden Agri USKJc 12,311,000 SingTel 15c 10,545,000 St«du DBS Land 39,171,902 (JOB Foreign 36.395,070 SingTel 15c 32,439,487 OCBC
        336 words
      • 633 26  -  STOCK MARKET COMMENTARY Vague rumours about a hedge fund failure, tighter contra allowance rules cited; UOB finds favour By R Sivanithy UNITED Overseas Bank yesterday led the charge in the banking sector but more eyes were on the sudden slide in
        633 words
      • Article, Illustration
        61 26  -  By Wong Wei Kong URACO Holdings shares rose half a cent to $0.47 yesterday with 24.9 million shares traded, compared with its 10-day traded average of 3.93 million units. The RSI, Stochastics and MACD charts suggest that the stock's upside potential may be limited in the short term,
        61 words
      • ON THE GRAPEVINE
        • 156 26 CHARTIST David Fuller's latest views on world equity markets should give punters both cause for comfort as well as worry. In his Aug 26 newsletter, he says: "While the risks for US shares have increased following the year's earlier gains, the possibility of a crash, frequently predicted
          156 words
        • 169 26 IF you are looking for an indicator of the mood of the Hongkong property market, last week's fierce Typhoon Sam just about summed it up for you. At a press conference yesterday, Cheung Kong (Holdings) deputy chairman was asked by BTs correspondent about the direction
          169 words
        • 156 26 AT the same press conference, Cheung Kong chairman Li Ka-shing was asked about his views cm the government's proposal to set up an independent body to monitor media behaviour. The tycoon, who is one of the personalities most closely tracked by Hongkong tabloids, said he
          156 words
  • Page 15 Advertisements

  • Page 16 Advertisements
    • 85 16 l i THE WORLD'S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Sin..- 19AS oil! worldwide st.iff of over ,'/S mujti disciplined p'rotessionals irKludinq Jfe, :4 r.\ vers chartered accountants, chartered < rot,tries and bankers have provided 7M i "iitideiiti.il and cost effective company formation-in all the major low tax areas
      85 words
    • 99 16 Results of tender for taxable book-entry Government Bond 1999 due 1 Sep 2001 and 15 Oct 2005 to be issued on 1 Sep 1999 I Tenor approx. 2 years approx. 7 years I I Amount Offered Allotted 551,000,000,000 *****,000,0001 I Amount Applied 551,681,347,000 *****,798,0001 I Interest/Coupon Rate 2.250% p.a. 4.375%
      99 words
    • 304 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 VIETSJN FOODS (S) PTE LTD (In Voluntary Liquidation) At an Extraonknary General Meeting of the members of VIETSIN FOOOS (S) PTE LTD duly convanad and haw at 2.30 pm at No. S. Jalan Beaut. Jurong Singapore *****2 on tha 23 day
      304 words

  • Page 17 Advertisements
    • 1210 17 I Notice of Annual Genera/ Meeting 1 NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of the Company will be held at Sapphire Suite, Orchid Country Club, No. 1 Orchid Club Road, Singapore *****2 on Tuesday, 21 September 1999 at 3:00 p.m. for the following purposes: AS ORDINARY
      1,210 words

  • Page 18 Advertisements
    • 1483 18 J~~ L (fin) AURIC pacific group limited \mwKr RESULTS for the six months ended 3<>th june 1999 The Directors of Auric Pacific Group Limited announce the following unaudited results for the six months ended 30th June 1999> GROUP COMPANY Six months ended 30 June Six months ended 30 June 1W»
      1,483 words
    • 635 18 ——> GB HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING BOOK CLOSURE DATE NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be hekJ at the Company's Registered Office, 29 Loyang Crescent, Singapore *****5 on Wednesday, 22 September 1999 at 10.00 am
      635 words

  • Page 19 Advertisements
    • 122 19 (Gloss or Matt) with AniJint Lather Ref: 016 Ref: 022 Ref: 033 (Regular) $598 Aniline Leather. Armchair $2388 Aniline Leather Si 188 Pony Skin Si2BB Ref: 032 (Large) SlOBB 2 Seat Sofa *****. 3 Seat Sofa ***** Ref: 021 i"T Pony Skin 5765 I I I |J 1/ I l
      122 words
    • 1138 19 REPUBLIC NEW YORK CORPORATION Parent Company of REPUBLIC NATIONAL BANK OF NEW YORK Head Office 452 Fifth Avenue, New York, NY ***** Singapore Branch: 143, Cecil Street #01-00, GB Building. Singapore 06»542,Telephone: *****77 Tele* RS ***** Fax: *****69 CONSOLIDATED STATEMENTS OF CONDITION CONSOLIDATED STATEMENTS OF INCOME (In thousands) (In thousands
      1,138 words

  • Page 20 Advertisements
    • 571 20 1 1.2*. •r v FORTIS BANK NEDERLAND N.V. p Q (INCORPORATED IN UTRECHT WITH LIMITED LIABILITY) Consolidated Balance Sheet Consolidated Profit and Loss Account As at 31 December 1998 after profit appropriation For the year 1998 fin NLG million) NLG mMon) 1998 1997 199S 1997 ets Revenue 942 542 Interest
      571 words
    • 160 20 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF CARRUTHA PTE LTD (IN LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap 50 that the Final Meeting of the Members of the abovenamed Company will be
      160 words
    • 135 20 In The Matter of The Companies Act (Chapter 50) And In The Matter of CORP INTERNATIONAL (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the members of the
      135 words




  • Page 24 Advertisements
    • 109 24 Strictly speaking, most golf memberships are only good for golf. For everything else, you'll need a separate club membership. Too extravagant? How would you like to get accustomed to the renowned Jack Nicklaus Seaview lan Baker-Finch Woodlands Courses, together with the 5-star hospitality and world-class dining of Hotel Sedona with
      109 words


  • Page 26 Advertisements
    • 550 26 To advertise call toil-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF CISERV SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary Genaral Meeting of the members of the abovenamed Company duly convened and
      550 words
    • 547 26 IN THf MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DAILY INTERNATIONAL PTE LTD (In Voluntary Liquidation) NOTICE Of RESOLUTION At an Extraordinary General Meeting of the members of DAILY INTERNATIONAL PTE LTD duly convened and held at 133 New Bridge Road, #15-05 Chinatown Point, Singapore
      547 words
    • 544 26 Going to trade online? You need DBS nvestor Online Simply the best Call 323-3955 today 88DUSBANK SINTON SYSTEMS PTE LTD (IN LIQUIDATION) NOTICE IS HERESY GIVEN THAT A FINAL GENERAL MEETING Of THE COMPANY AND THE CREDITORS WILL BE HELD ON THE Ist DAY OF OCTOIER 1999 AT 3.00 P.M.
      544 words
    • 339 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DAI-ICHI KIKAKU (S) PTE LTD (In Membera' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Purauant to Section 290(2)(b)] At an Extraordinary Genaral Meeting of the Company held at 9 Temasek Boulevard #19-01 Suntec City Tower
      339 words
    • 669 26 WALKER GROUP/SINGAPORE PTE LTD .Nana OF shoal ißsntj-no^ Nona IS KEKKIY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OP THE COMPANY DULY CONVENED AND HELD XT 320 WEST IJTH STREET. NEW YORK, NY *****, UXA. ON IW 13TH DAY OP AUGUST 1999 XT 10AM, THE FOLLOWING SPECIAL RESOLUTIONS WERE PASSED;
      669 words
    • 313 26 IN THE MATTER Of THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER Of SINGAPORE TEISAN PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed Company deemed held on Monday, 23 August 1999, the following resolutions ware duly pasaed;SPECJAL RESOLUTION (a) RESOLVED that the
      313 words
    • 482 26 IN TME MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF HWA KAY THAI (S) PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE IS HERERY GIVEN rHol lU creditors of tbe obovenomed Company which is being voluntonly wound up, are required on or before ihe 27* day of
      482 words
    • 168 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SCANTRONIC (SINGAPORE) PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50. the Final Meeting of the members of the abovenamed
      168 words

  • EXECUTIVE Lifestyle
    • 1625 27  -  mCOVER STORY Concept-driven eateries are losing their bite in the US, but Asia appears to have a more sustained appetite for such outlets, jamb be examines their fortunes in Singapore JAIME EE LESS THAN two weeks ago, Planet Hollywood Singapore had a promotional banner outside
      1,625 words
    • VIEWPOINT
      • 731 28  -  Off the Cliff by Get rid of Singlish, and we will automatically end up speaking English that's easily understood by the rest of the world. If only things were that simple Jaime Ee HERE we go again. And so it
        731 words
      • STRAWS In The Wind
        • 87 28 YOU WOULD think that a hospital, of all places, would know how to get a toilet for the handicapped right. At one major hospital here, one of the handicapped loos initially looked like it should the toilet bowl was lower than normal, with the usual handle
          87 words
        • 72 28 TALK about insecurity. Seen on the Internet was an advertisement for a "one hand" keyboard that has just been released in Japan. The compact-sized keyboard supposedly has the full functions of a normal one, but it can be controlled with just one hand. But anyone in Singapore
          72 words
        • 63 28 WHAT some kids have to say about love: "You should never kiss a girl unless you have enough bucks to buy her a big ring and her own VCR, 'cause she'll want to have videos of the wedding." "I think you're supposed to get shot with an arrow
          63 words
    • MOTORING
      • 1067 29  -  The 75 is, very simply, a beautiful machine. It looks great, moves well, and is probably the most attractively styled car to be introduced this year, says Christopher tax CHRISTOPHER TAN IT HAS become almost a tradition for those in the writing trade to declare their landmark birthdays
        1,067 words
      • 446 29 THE MERCEDES-BENZ E2OO is Singapore's topselling two-litre car for good reasons. Its brand appeal, proven solidity, attractive packaging (even more so with the new facelift) and relatively high residual value are some. Although irrefutably the luxury benchmark, the two-litre has only four cylinders
        446 words
    • LEISURE
      • 817 29  -  Here's how to get your VIP view of Cirque da Soleil's S&ltimb&nco By] Parvathi Nayar YOU'VE heard all the hype about the circus coming to town as part of Millennial Mania. Well, I have to agree with "the greatest show on earth" tagline.
        817 words
    • ENTERTAINMENT
      • Article, Illustration
        390 30  -  Compiled by Parvathi Nayar MUSIC Piano A Violin Recital Young Musicians Society presents Jonathan Lee (violin) and Cheong Yew Boon (piano) in a programme of music by Mozart, Lutoslawski, Franck and Ravel. Aug 29, at The Auditorium, YMS Arts Centre, 54 Waterloo Street, Tickets 15. Tel: 332-5813 (free
        390 words
      • 541 30  -  CINEMA The chemistry is still there between Julia Roberts and Richard Gere, but Runaway Bride lacks the spontaneity or edgy charm of their earlier outing By] Parvathi Nayar Chemical mush: that is a really brief summary of Runaway Bride, the romantic comedy that reunites the Pretty Woman
        541 words
      • 550 30  -  THEATRE Though technically strong, 35@2000 was weak on plot and character development By) Parvathi Nayar ACTION Theatre's recent Millennium play 35@2000, while topical, certainly tried to take on a lot. Trying to be part X-Files-style mystery, part Singaporean comedy, and part redemption tale, the narrative
        550 words
    • Article, Illustration
      731 31 Away With Words Part of the Japanese film festival, this film tells of the unlikely bonds that form between non-mainstream people, when a Japanese man with a particular sensitivity for words takes refuge in a Hongkong bar. With English subtitles Cathay. Baby Qeniusee. Kid mayhem with Christopher Lloyd. Lido,
      731 words
    • 115 31 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Pcturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Qoldan Villaga 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines 8 Tiong Bahru Yishun OvtrtMi Movie Clementi/Co'wealth 777-0669 Golden/New
      115 words
    • EPICURE
      • 914 32  -  taw so tbm switches off her handphone and sits back to enjoy the genteel ambience of La Fete Du Cuisinier TAN SU YEN There are two things to note about dining at the newlyopened La Fete Du Cuisinier. First.be prepared to wait. And second, switch off
        PHOTOS BY ARTHUR LEE  -  914 words
      • 187 32 CRAVINGS JODY DENTON, executive chef of Restaurant Lulu in San Francisco, is visiting at Marriott Cafe, Singapore Marriott Hotel, until Sep 1, and some of us, at least, can't get enough of his dream mussels. Chef Denton, who cooks in a
        187 words
      • 134 32 YOU'VE done wine. So why not diversify and learn about the finer points of tequila appreciation? Ricardo Cisneros, a tequila expert from Cancun, Mexico, will hold a tequila tasting tomorrow at the Ritz-Carlton Millenia Singapore as pari 01 me noters nurd Annual New World of Food and
        134 words
      • 78 32  -  Compiled by Tan Su Yen THE COLLECTING frenzy continifes unabated at McDonald's. This time it's Sesame Street characters—all 24 of them, including Elmo, Big Bird and Ernie, will run through McDonald's outlets from the end of August. The Sesame Street mini bean pals are priced at $1.50 each.
        78 words
      • 915 32  -  WINE CONNOISSEUR If only the best will do for your Mlll«nninwi bash, start stocking up fast. Here are some wines worth considering By\ N K Yong "WHAT are you going to drink on the eve of the Millennium?" I had not even thought about
        915 words
    • TRAVEL
      • 1139 33  -  An eco-conscious ambience pervades Banyan Tree Maldives at Vabbinfaru. Aim a too finds out what the resort is doing to keep the natural habitat intact and pay homage to the environment ANNA TEO MUST check out the body clock of stingrays. That was the mental note
        ANNA TEO  -  1,139 words
      • 627 33  -  RESORTS Banyan Tree Bintan's pool villas just got more luxurious. And more intimate than ever. By 1 Tan Su Ten IF YOU can't jet off to the Maldives to snorkel over coral beds or hold a star fish in your hand, there's always the
        627 words
      • 721 33  -  BOOK REVIEW The Tropical Spa By Sophie Benge Perlphu (HK) Edition* $39.90 (before GST) 175 pages Reviewed by' Tan So Ten IMAGINE swimming in an infinity pool, thus named because it seems to stretch out for what seems like an eternity on a precipice
        © PERIPLUS EDITIONS (HK) LTD  -  721 words
    • INSURANCE-WISE
      • 831 34  -  Travel insurance takes care of the unexpected that may mar an otherwise happy holiday, rahxta writes RAHITA ELIAS ALL your bags are packed, you're ready to go home. Unfortunately, you get to the airport and find the flight has been delayed indefinitely. Or perhaps, and this
        FILE PHOTOS  -  831 words
    • UNIT TRUSTS
      • 651 35  -  the fixer ponrr There's more to building a portfolio than going for winning funds By Ben Fok The writer is a manager (funds specialist) at Fraser Securities Pte Ltd. He can be contacted at 438-*****r e-mail: benfok(afraser. com.sg IF you want to build a good
        651 words
      • 795 35  -  Fond manager cites stabilising economy, change in corporate mindset and high liquidity in markets By] Rahita Elias FORTUNES of the Land of the Rising Sun are on the ascent, so investors would do well to jump in on the ride, says Richard Phillips, a
        FILE PHOTO  -  795 words
      • 473 35  -  Investors of global fond can enjoy 0.75-1.75% discounts By Elaine Koh THE Henderson Global Technology Fund is currenUy being relaunched with discounts ranging from 0.75 to 1.75 per cent, given in terms of bonus units. During the relaunch period, which ends on Sept 30, investors
        473 words
      • 411 35 UWT TRUST/SECTOR (6 MONTHS 29JAN99-2OAUG09) CHANGE BENCHMARK CHANGE Top 10 fund* 1 Five Arrows SEA Special Sits/ Far East Pac Ex Jap EQ* 88.89 MSCI AC Far East ex Jap 40.47 2 UOB United Japan Gth /Japan EQ 85.92 Nikkei 225 Stock Average 29.08 3
        411 words
    • PERSONAL FINANCE
      • 479 36  -  At least 3 companies have put together life plans specifically for female clients By i Clarissa Tan IT wasn't too long ago that Prudential had its advertising blitz for an insurance policy catering specially for women. Not surprisingly, some other insurance companies are
        479 words
      • 504 36  -  As card spending grows 9.2% in Q2, more cardmembers are going into debt szow Li sen has the details SIOW LI SEN CONSUMERS are throwing off their belt-tightening ways after a year of gloom and treating themselves by whipping out their credit cards. People are buying
        FILE PHOTOS  -  504 words
      • 575 36 LETTERS Qs If I have a five-year loan calculated on an add-on flat basis, the financial institution will compute a monthly repayment based on the five years' interest on the principal borrowed. But what if this loan is terminated after three years
        575 words
    • PERSONAL INVESTMENT
      • 1074 37  -  Brightest outlook sees long-term bull run, but dangers lurk, writes john cax.verlby JOHN CALVERLEY The writer is chief economist and strategist at American Express Bank CONTRARY to the enthusiastic view of emerging markets prevalent before the Asian crisis, long-term investors overall
        FILE PHOTO  -  1,074 words
      • 1141 37  -  Quality growth companies in continent now being traded at discount to peers in the US By' Tim Stevenson The writer is director of European investment at Henderson Investors EUROPEAN markets have underperformed over the last 12 months for a number of fundamental reasons, including the
        FILE PHOTO  -  1,141 words
      • 1331 37 P*PQ»" wnount 1-mth 3-mth S-mtti O«po»it tmouffi 1-mlti 3-Hh 6-mth DBS Bank HSBC A$ S10.000 A24.999 4 1200 4 1900 4 4500 25,000 74 999 3 6875 3 7500 4 1250 A25.000 A49 999 4 1400 4 2100
        1,331 words
  • Page 27 Advertisements

  • Page 28 Advertisements
    • 6 28 THEBI SINESvSTIMKS £5 eewe Shipping Tim
      6 words
    • 81 28 Special uffer! Whist stocks last Vinissimo Wine Cellar 552,200 M«hG$T (Usual price: 552.525) PLUS $500 FREE WINES of your choke from J our comprthenwue 'tnqt with ***fy purchaM Mod** CA»»» Oimwuw Won (Hnght) McmfWWth) 60<m (D«pth) Capacity 144 bottln o« 7VI •Khan* of Ml up with on* y*ar warranty (fr*«
      81 words
    • 114 28 LYRIC^^ATRE presents Q/vtoxczwt'b ?gkt SUA/# Kg tPlt^Je VPevfovmance in S&im Q?/au> 3 4 September 1999 Victoria Theatre Ong Wei Kiat as Papageno J ■'David Quah as Tamino Yee Ee-Pin 9 as Pamina fl©P Belinda Liew as Queen of the Night fj"H\ fyuM William Lim as Sarastro iw The Singapore Lyric
      114 words
  • Page 28 Miscellaneous
    • 272 28 CRYPTIC CROSSWORD 1 It puts Frenchman out of his misery (4,2,5) M| 9 One going round having gold 10 Support that the irritating —U—U w—H—U uH 12 Fool introduces charge for fer- \2 13 Wine turning nastier TBT~ VT ■HHBHT flHf If 14 Provide with part of Carmen -_JBB JIH
      272 words


  • Page 30 Advertisements
    • 416 30 Where to wine, dine and ggsgSr HHsr** <^DN 76 Bras Buah Read, Singapore *****8 Tdi 338-8333 Fax: 339-6866 Web-ahe http://www.garltoo.coM. f *Cheers To a night of I great fun and J entertainment ft Jm at Cangtry's Wt Happy Hours K j 5.00pm B.oopm Daily W (with complimentary snacks) J entertains
      416 words
    • 112 30 BSSt^^jPj^r^ A MID-AUTUMN CELEBRATION WITH OUR MANDARIN MILLENNIUM MOONCAKES 27 August to 24 September 1999 Telephone Hotline: 835 4220 s p°-°" Mi)bn*r w «l&j 333 Orchard Road. Singapore 2 ***** Tel: 737 441\ to: 732 2361 C*£g **A C.T<XSTO«J.S QEg 11 ."SOw* Tf* Singopor* Marriott Hotel it famous for its
      112 words

  • Page 31 Miscellaneous
    • 2235 31 TODAY'S TV RECOMMENDED VIEWING P» 12 J A jJ I Asian Market Report. 2.30 PM TV Innovations. j < 6.00 Headline News. Criminals f this e sHura k episode entitled Donkey Kong Country. 11 7,00 News Night. everywnere Strangled, Not stirred. 6.00 Rolie Polie Olie. 1 7 •*> Asian Market
      2,235 words

  • Page 32 Advertisements
    • 111 32 idMI af i J ft, *4mJ^H |m2DG3]ifcHH as P ir n 8 musicians are welcome to join our jazz jam sessions. Where I A W y° u can B et t'P s from the pros, support from fans and even a free beer A o cSCTSOIVIt' W from Tivoli Beer
      111 words


  • Page 34 Advertisements
    • 189 34 Win a Samsonite We hope you enjoyed the our 3week series on Insurance-wise, brought to you by Great Eastern Life. You can view tnis article as well as previous weeks' our website at www.gelife.com.sg What's more, here's a chance to win a Samsonite 900 Series/System 4 Deluxe 67cm suitcase worth
      189 words
    • 100 34 brought to you by hm Great Eastern Life J J? A® Q) Gra i, uj »f your phone, call us and you'll te insured for your Irip straight away. Really, il's thai simple! Our comprehensive Dial-a-TRIP Plan protects you from all those travel uncertainties. Things like lost haggage, flight delays,
      100 words


  • Page 36 Advertisements
    • 187 36 HHHHKBPi R El gynew standard of play has emerged in China, at Spring City Golf and Lake Resort, where the cool refreshment of Spring never ends. opened to wide acclaim. Come experience the warm service of our friendly staff in our well-appointed clubhouse, luxurious lodges, spa, and a wide array
      187 words
    • 54 36 Lost tiour M Try finding it at Classification 821 (Found) of The Straits Times Classified. CATS. Buy It. Sal It. Find It. FREE! 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. Buy H. SeQ It Find
      54 words


  • EXECUTIVE MONEY
    • 1016 38  -  As membership prices tumble, there are calls for clubs to cut transfer fees to make golfing more affordable, reports vmu hhuum iuibim VEN SREENIVASAN THERE was a time when buying a transferable individual membership at a golf club was considered a great investment. And
      1,016 words
    • 512 38 WITH a dwindling number of new clubs and the decline of membership prices on the open market, most banks have decided to do away with special loan schemes for golf club memberships. These financing packages used to be popular in the 1980s and early 1990s
      FILE PHOTO  -  512 words
  • Page 38 Advertisements

  • SHIPPING TIMES
    • 144 39 Bridge News, Reuters TUMBLING Asian Panamax rates dominated market talk although rates remained steady for Atlantic vessels tempted to go east, brokers said. There were also signs of firming Atlantic capesize rates. Alantic handy-handymax rates are holding at healthy levels. Futures suffered from quiet trading conditions, Clarkson Securities
      Bridge News,; Reuters  -  144 words
    • 266 39 m WWM imtt s$ hi CWT Distribution U1 -0.02 38 Chum Hup 1-34 -0.01 1957 Cotco Invastmant 1.30 0.02 199 rr«(qht Links 0.38 -0.01 2295 GB Holdings 0.97 0.02 19 Hal Sun Hup 0.75 unch 1169 IMC HoMlngs-HK 5.60 uncti 0 Jaya Holdings 103 001 60S Juronq Shipyard
      266 words
    • 418 39  -  Offshore Charters has taken delivery of two newbuildings so far this year By\ Marcus Hand [SINGAPORE] Homegrown marine company Offshore Charters is "Seizing the opportunity" with two newbuildings as the offshore market recovers. At the weekend, Offshore Charters took delivery of its
      418 words
    • 297 39  -  By\ S Shivani [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) carried out a successful Y2K test in its first ever joint exercise with a shipping company. The exercise was carried out together with national carrier Neptune Orient Lines (NOL) on
      297 words
    • 67 39 Bloomberg [VANCOUVER] The Vancouver Port Authority (VPA) announced operations at its three container facilities Delta port, Vanterm and Centerm have resumed following a month-long local trucking dispute. Norman Stark, VPA chief executive officer and president, said on Wednesday: "Trucks began entering the port again Sunday to
      Bloomberg  -  67 words
    • 247 39  -  By\ Marcus Hand [SINGAPORE] The Taiwanese container ship involved in a collision in the English Channel on Tuesday had sent a message to the cruise ship Norwegian Dream to warn of its collision course, according to shipping sources in the UK. Professional seafarers
      247 words
    • 631 39  -  ADMIRALTY CASEBOOK By\ Selva Kumar THE fact that some pilots and tugs did not claim salvage payment from a vessel was irrelevant in determining if another tug could claim salvage. Even if it was relevant, that did not mean
      631 words
    • 496 40 Ships were new, had the latest navigational and antl-colllslon radar and had top crews Lloyd's List ON the face of it, here are two ships which above all others, should be most unlikely to ever collide. They are new vessels, fitted with
      Lloyd's List; FILE PHOTO  -  496 words
    • 300 40 PACE ESP Lines 13 AMI 3 Evergreen 6 AASCO 12 foongSon 8 Accord 6 Frt 4 U AhrenkiM M Frt Links 14 Appenship 5 CLlnk Austral 8 Gemartrans 6 Avant 14 Genshpq 13 B'tang Mas 8 Gtor V Nav M BSA 7 HaiSunHup 12 BTL 14 Hangli
      300 words
    • 20943 47 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Nam* Name Number Number SIN Dest'n Name Name Number Number M/09 IS/10 NYK IKARUGA 020N 65 *****23 To ABIDJAN (ABJ) 2003 Cote D'lvoire m/w 20/10 nyk ikaruca omn 6******21 S3 To
      20,943 words
    • SHIPS IN PORT
      • 738 53 VesMl Voy No Btrth Arrtv«l Doparturt Woo M 35 *J05 24/08/7:45 27/08/1530 Gsfi 201 54Sa J15 26/08/6:55 26/08/23:59 Bt Rahmat 5 ***** J01 26/08/930 26/08/21:00 Standard 5 12 J02 26/08/10:20 26/08/20:00 Bt Mm Cti S7 AUG-26 J01 26/08/1200 26/08/23:59 Bt Pa| N0795 ***** J01 26/08/11:00 27/08/100 GrasDerg 9923N
        738 words
      • 1829 53 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/Baltnct Rstls Ship Voy No Etb/Btr PtrkxJ From To From *ci s«v 02 sa 29/2359 m 26/boo it/wn 26/1900 m 24/1500 26/1659 26/1*00 U 26/1700 27/0*5* 27/0*00 2t 26/1700 27/0659 27/0*00 J 27/0700 27/115* 27A400 4 27/1200 27/145* 27/1700 MaMw
        1,829 words
      • 190 53 Ao|29 Philippines: National Heroes Day. An|3o United Kingdom: Summer Bank Holiday. Aof 31 Malaysia: National Day. Sepl Mexico: State of the Nation (optional). Sep# Canada: Labour Day. Luxembourg: City Kemesse. United States: Labour Day. Sap IS Japan: Respect of the Aged Day. Sep 16 Independence Day. Sap 23
        190 words
      • 799 53 THIS report, compiled by Cockett Mi 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
        799 words
      • 499 53 Carton 180 Mai 990.0 8.1 17.5 0.09 72 0/F kiM) 19 Density Water Residue Ask AtomtiWum Sediment No abow £25 0 1 1 0 0 1 rrj" 380 Aw 984.8 0.4 14.0 0.07 37 0.02 bn. MO MM 1005.0 2.5 18.3 0.13 235 0.08 Wiri m/m
        499 words
    • AIR & LAND TRANSPORT NEWS
      • 592 54 Rising prices of aviation fuel cause for concern AFP [MANILA] Philippine Airlines (PAL) swung into the black in its first quarterly report under rehabilitation but company executives warned yesterday there was a hard slog ahead due to rising fuel
        AFP  -  592 words
      • 239 54 Bloomberg [TOKYO] Japan Airlines Co, Asia's largest airline, is "considering" joining oneworld, the airline alliance led by AMR Corp's American Airlines and British Airways pic, president Isao Kaneko said. "In the past year, we have been setting up bilateral agreements with foreign carriers like American,
        Bloomberg  -  239 words
      • 428 54 American Airlines, catering firm staff arrested for drng smuggling FT [NEW YORK] The airline industry is facing pressure to step up scrutiny of airport employees after US federal authorities arrested 55 baggage handlers and airline food staff in a drug smuggling
        FT; REUTERS; AFP  -  428 words
      • 329 54 Reuters [TAIPEI] Taiwan's aviation authorities have turned down a request by China Airlines (CAL) for a new Taipei-Bang-kok-Amsterdam route after the carrier's fiery Sunday crash in Hongkong, the Central News Agency said. The decision meant Taiwan's leading carrier could miss out on an
        Reuters  -  329 words
      • 215 54 AFP [TAIPEI] Taiwanese Transport Minister Lin Feng-cheng was asked to step down over two air accidents since Sunday that have left two dead and 239 injured. "Why did Lin not have to shoulder responsibility after the two incidents?" Chang Chun-hung, spokesman of the major
        AFP  -  215 words
      • 1718 54 OTY FLIGHT ETA FLIGHT ETC S***** 1605 ****** 2350 Abu DftaM RM4M5 0400 S***** 2350 Ad*iltd« AN8230 1850 IH6381 1850 28 S0230 1850 FpkMka S0989 1645 S0990 0105 MirtM $023 0705 KLS44 0040 S0803 1905 C2354 0910 S0327 0745 '.836 2300 C2351 S0804 J020 GA973 0945
        1,718 words
  • Page 39 Advertisements
    • 61 39 The type of accident which should not happen The Evergreen Decent and the Norwegian Dream were new, had latest equipment and top crews. Page 2 Our IT System Gives You The Competitive Edge To Stay Ahead In Your Business. DTD Port of Tanjung Pelepas WT RELIABLE EFFICIENT ADVANCED Pelabuhan Pelepas
      61 words
    • 30 39 US airline industry urged to step up security measures Fifty-five American Airlines, catering firm staff arrested for drug smuggling. Back Page Type of accident which should not happen, Page 2
      30 words

  • Page 40 Advertisements
    • 1224 40 I NORTH AMERICA 1 1 EXPORT 1 I OTHER DESTINATIONS I SSX-SUPER SHUTTLE EXPRESS-DIRECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) [~w msw nosw |lmgkkm omias Houston oocaso |«wtom |*na>an vnsa vot M'| pta«nM| kajwu sanlawno cowwro ptcahma wbmwbitma saunaohc OOQUBKA imS" lutT 17/W 21/W H/W ti/tt
      1,224 words
    • 688 40 Lines services represented ZtBBShjV by Members of (he Registry of UWBM3/ Accredited Shipping Agents. Store National Shipping Assoc ifffet Members o( the Singapore Freight Forwarders Association. NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "ARKTIS CARRIER 7 V.9907 ETA SIN 31/08/99 BOOKINGS CALL MONKA/JUUA
      688 words

  • Page 41 Advertisements
    • 1068 41 TO EUROPE FROM EUROPE Vtssa VOT SiHWHMIWSODmifI VRSa VOY ITM AMI HAM MV SOU FIT 11H sm HY EMPfKOC 320W 30/08 16/00 18/00 21/00 IS/00 HTDUH 31*05/01 07/01 10/08 04/08 28/08 MX AMAZOMIE 024W 07/09 25/09 22/00 23/09 20/09 IHM 52K 00/00 10/00 13/00 14/00 01/09 UlOMf S29W 03/09 19/09
      1,068 words
    • 2120 41 HANJIN SHIPPING iikP I ilk Mr<LM -We 731*730 HAMJIN StMPfNG CS) rniTP fcwpi II MOWG *****3S 737 SAUS *****74 731 OOCUMW *****71 774 OPHAIKWS *****59 ?51 MAM LMt *****55 tAI ******0 a llfr H**********1 TO NW USA CANADA USA CANADA' Rtt VSt/VOY I 9AM ISM UKMU/VOT 5 TN* KM POX
      2,120 words

  • Page 42 Advertisements
    • 1518 42 DSR-SCNATOR LINES TO UK/CONTINENT TOMEDITEKBANEAMCANADA vtna. wi tm LB* mwwwHMimvFu vtssa voy mi mt tn ros wj imi HAMJM KE&UNG M7MI Tim 11M KM MM 17 M II.M MM ZACOUN MS7W HN 14 M HH 11M MM 2) H PUNJAM SENATOR MMW MM 1(09 17 M IIM 21M 21M 22
      1,518 words
    • 952 42 WLAM MAC-NELS S'PORE M'SIA Carrier MN CONTR LINES, MC p. guoang: (07) *****2s Hw vj OR M 0.**********89 SBU: (064) *****9 MAMLA: (632) *****24 PENANQ: (04) *****36 BANGKOK: (882) *****57 SURABAYA: (31) *****11 P. KELAHQ: (03) *****77 JKT (21) *****46 KUCHNQ (062) *****1-3 WM6S/6M86 I AUCKLAND/LYTTELTON MV "MILDBURG V.9515 Mv
      952 words
    • 543 42 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Vessel SPORE N.SHEVA COLOMBO P. KLANG TULSIOAS V.113 30 AUG 17 SEP 14 SEP 19 SEP TARPON SILVER V IB3W M SEP 14 SEP 21 SEP 26 SEP CAPE CANAVERAL V.IIIW 13 SEP 21 SEP 28 SEP U OCT TULSIOAS V.114 21 SEP 28 SEP
      543 words

  • Page 43 Advertisements
    • 1646 43 VESSEL VOV KHH HKO SIN PKQ PQB I DXB PMM IBA BIK IRAN SATTARI PCL-5117 25/08 27/08 31/08 01/09 11/09 12/09 13/09 18/09 17/09 IRAN TEYFO4JRI PCL-5118 01/09 03/09 07/09 08/09 17/09 18/09 19/09 21/09 23/09 IRAN BAAKERI PCL-5119 08/09 10/09 14/09 15/09 24/09 25/09 28/09 28/09 30/09 IRAN SHAHRYAR
      1,646 words
    • 1151 43 Diroct Calls to Kobo (6 Doyi)l I Nagoya (7 Days) Tokyo (S Days) I I SINGAPORE S GENERAL AGENTS: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE: COSTAt SNIPPING PTE LTD #12-00 sales/bkgs *****57/60 inward dipt (D/oi *****85 COSTAR AGENCIES (M) SDN BHD C> NO:
      1,151 words
    • 1170 43 EUROPE EXPRESS SERVICE EXPORT I IMPORT rasa vor sib juw ra anb iian ihv ni rasa Ivor Ira ham hi ta sm PWUABJBI g l!sivw jls^l»S KOPm UKO(S TO mk 11 Hmn. NKMMWBi MKOMI ST nntSMK VU NMI 2) ANTWar vu rai TRAHSPAOWC SERVICE EXPORT IMPORT rasa Ivor sm I
      1,170 words

  • Page 44 Advertisements
    • 1356 44 HWKaRr EUMMMWtAWXWVWHIIUIIMIW* SGP ROM ANW HBG TMP ZEE IHV LHV IMP ROM ANW HOG PKL SGP E DELIGHT HW-009 24/00 10/00 22AM ItM 20AM 21/ M 22AM E RACER RE-OZO 20/07 07M 06M0 IMAM 10AM t%m MM E. DIAOEM RW-007 05AM 23AM 29AM 23AM 27AM 20/00 20AM E RESULT RE
      1,356 words
    • 626 44 PACIFIC INTERNATIONAL UNES (PTE) LTD A SSSSV IB 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR N**********00E livsa m mmHiin m m ■,—mi hl- *an I mam a wwmthumi mow t/< u/» n/t i 4/» »n Jvjl I Ilrntt W flft _Sl_ AII LTT WIG mmm m anj
      626 words
    • 425 44 56 TELOK 6LANGAH ROM) *62-62 CTTIPORT CENTRE STORE *****1 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY ETA ETD DESTINATION IRIMAWA 65/99 31 AM/99 01/09*9 PALEMBAN6/PKL. BALAM ILMAMUi NM 01/09/99 02*9*9 PONTIANAK IRIMAWA 06/99 10/09/99 1109*9 MUNTOK ILMAMUI OM9 1109*9 1109*9 PONTIANAK For enqairiM
      425 words

  • Page 45 Advertisements
    • 467 45 MR MYANMA ISHBk FIVE STAR LINE (MyoHHor National Lim) Loading for Yangoi (Rangoon) vtssa vor sin pkl pin pgu KNG TUNG 4W SU SAGAJNG 62W 04/09 MALAYSIA AGENTS: IOUSTEAD SHIPPING AGCNOES KUL m (03)*****00 PKL TEL (03)*****01 KN: TIL (04)*****02 PGU: TH (07)*****21/4 BANK LINE (A wvice of Andriw Weir
      467 words
    • 1439 45 HMNEHYUNDAI MERCHANT MARINE CO., LTD. [Vtssa VOY ISM I SOU IB! RIM AWT HAM MV FQ IVBSB VOTI SOU I tB« ITM I AMT I WAM I MtV IFa Si 0,5W 27/01 17 w 14/09 apirun oiot o</n n/oo 07/01 10/w 21/01 HYEMPEXOR 320W 30/01 15/09 16/09 11/09 21/09 MM
      1,439 words
    • 900 45 WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA 'CAR RORO HEAVYUFT SERVICE* [VESSEL vor RAMP HtIGHT SW LAI [OIL MIA SAY Ml ORE NYC WW MOO TAJKO AHO4 400 Tom 6.3 M IMPORT 21/09 30 W 03/10 05/10 07/10 01/10 10/10 14/10 IS/10 TOMCOWG ANOS 4001 ms 6.3 M 09/09 11/10
      900 words

  • Page 46 Advertisements
    • 758 46 BANGKOK/MAP TA PHUT/LA EM CHABANQ JAKARTA/PAN J ANQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN MATHU BHUM 429N 28/06 01/09 31/06 GURU BHUM ***** In Pt 29/06 XETHA BHUM" 296N 29/06 01/09 02/09 AKA BHUM* 3S6S 26/06 01/09 Ut-A BHUM 120N 31/06 03/09 04/09 ANRO JAYAKARTA'
      758 words
    • 320 46 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL COWI3UNER ggggf jsiliK I rm |■«|ro| C* iftS rto m lint ms Ir/w w/w ism iim n/m »/w MKT WIWBI |WS M/WII/H W/W K/W P/W »/W P/H <WIWT llttllt/WU/W W/W 01/10 M/ll 1»/W m—mil ligln/nc/wlc/»»l |i»/)«|ii/i«|h/»>[i;/i>| FEEDER SERVICE TO INDONESIA w vot sras
      320 words
    • 709 46 I ?S1 I i!!. I PKL I JED LEH RTM HAM ZEE SOT V>-LED6TAWYA T33w 2aw > 12/ OS Ift>o9 22/08 24/ OB VXE 06 TAURUS *33+1 31 01 AM 10/09 14/09 2CVO9 21/08 23/00 24/08 26/06 P 1 AQUARIUS U3&M OWi 08/08 17/08 22/08 27/08 29/00 01/10 02/10 OCIO
      709 words

  • Page 47 Advertisements
    • 47 47 New Advertisers/Services/Agencies QMO TAN im Round-the-world Container Service For Complete Schedules Information Turn To Pg 5 MJZ Calling More Than 1500 Worldwide Destinations. Find out more on Pg 13 US WEST COAST MIDDLE EAST INDIAN SUB-CONTINENT Check Out Our Details On Pg 7 Daily M D'OCEAN LINES
      47 words



  • Page 50 Advertisements
    • 171 50 l q^s/"iiC AOENGQS (FOREST PROOUCTS SERVICE) (Swl Cm Sutee Far Qitfi hlad Fre—He Cocce hM ii "Also call other west Australia ports iubjec< to inducement TAW SKN KKU TMA VISStI VOY. SIN ai EMU. COS RUBIN STELLA V3M SAILED SAILED on tn TNOR KIRSTEN 4251 30/0S 03/09 10/09 20/09 IQAHNG
      171 words
    • 179 50 11l .I'M, n^^WTW?fTTTyTjnTfnTTTTTTTyy^T?^M| SHIPPING ,f If fif ■*VlMl L Ki 11J JI k [mil I LIBYA TOBRUQ BINGHAZI MISURATA TRIPOU LuuJ |vtssaiui| votwo Iwlwo I DD maiun Iw I w IwI« I li StflMß SI 17 SPKUUSTH il/M 01/W U-'W WJOM IVW ?VW ?VW XM V/W TFffOUB Sill IBTAM TMM
      179 words
    • 139 50 rout nms/ win tjy» t. omm/vtmron SOUTHBOUND KBSB WT gam* m tmxmi was a»a e/whd ■MUMI flttS ail M JMIMI !120L_ a/Mian MM JSSAMI HZIi sam MU9SL JBiIAMI !IZB 31/g[WE 01g(W) BKUSWI fI73S 01,1* m»H) g/WOHB) WQffHWVHP VB® wr »room tmmt f m vWimi gp JBAMI M »g« nmsm PMU9MH
      139 words

  • Page 51 Advertisements
    • 676 51 SHIPPING LINE LTD —J" 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****18 (IMPORT STATUS) TLX R*****0 Chan/Jeslynn/Dora/lvy/Hanim UMSm 3 8 SLGS/WEEK *****3131 EVERY 4 DAYS i VESSEL I VOY SIN JAK LAWANTI 346 28/08 (SAT) 31/06 (TUE)
      676 words
    • 623 51 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO |n»| MM J JIT 1 HW fPt CM >0W HAI MYI otf SAV MEW IAM HOU >«ghou»e/oss: J2ZQLJIZOL H/o» nm vm n/io 37/11 M /io 31/10 urn HQKHMMMMiI U/M 22/W -lIZM. Jizmazil 11/10 li/io ls/ii 11/11 n/i" w/11 -g/TToim don /0352 _g/ij_
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    • 104 51 SHIPPING WAREHOUSING lot—; Singapore I xvdmg Daily -Man k>S« (BATAMINDO l/TII) Acoep&ng KTA'anvenbanal/Project/Heavy Lift Cargo Reefer Container lata*: Singapore Loading Mon. Wfed fti (BATAMINDO IT) AouepGng KlXorTventKmal/Pnuect Heavy Lift Caigo Tafc 227 0322 F«x: 222 9330 lati—iada SMppfeg Worabovsfag Pt« Ltd 7A M>H »«■< »-♦—f C—»te« Wl il OMOS4 REGULAR
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    • 546 51 hSSB ENG LIE SHIPPING CO PTE LTD I M *****75 (4 LW.) Fu: 533 M 30/*****44 I T C» **********01 VKSfI VOT SWEtt SNtfTD KSTWATION Gwdo* 7/99 24/08 25/08 Surah* •toco Wo I? 2/99 76/08 27/08 Xkm o«»i+w<)M 8/99 28/08 29/08 Bomo* \*du*. UmS»B 5/99 28/08 29/08 Mknf temolowli 8/99
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  • Page 52 Advertisements
    • 508 52 I VESSEL VOY SIN MAA SIN I TIGER BAY 730N »30/06 03-06*09 11 12/09 1 T(GER ISLAND 731N 31-01/09 I TIGER PEARL 732N 04-06/09 09-12/09 17 18KM I TIGER SEA 733N 07 08/09 12 16/09 20-21/09 E TIGER BAY 734N 11-12/09 24 25/09 I TIGER ISLAND 735N 12 13/09 17-21/09
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    • 939 52 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.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 852-*****113 flmsdosioonline.net Surabaya
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    • 1150 52 OOCL (Singapore] Pte Lto CFS Keppel Distrpk 65 Qwla St OCK Clr #42-00 *****13 Vk 513 #01-128 CI NO **********0H W: 272 7827 M looking yi W: *****83 F«: 438 2966 Fu: 272 7825 JLJL Oiieat Overseas Conkiiner line (Malaysia) Sdr Bhd [Reg No: *****2-U) ca f y^V PFTAUMG iATA
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  • Page 53 Miscellaneous
    • 133 53 LEGEND R Thunderstorm Temperature c XS. A Shower Weother Wind direction with speed in knots Rom a r, Wove height Cloudy Sky Surface winds are indicated by arrows which fly with the wind One ful circle represents colm or light ond variable winds I One hort Heche represents 5 knots
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  • Page 54 Advertisements
    • 121 54 NOTICE TO ALL USERS OF CONTAINER FEEDER SERVICES The following Members of The Chittagong Feeder Trade Committee (CFTC) are pleased to confirm that they have not imposed any congestion surcharge on their feeder trades to/from Chittagong. This decision has been taken by CFTC following the improvement at Chittagong port. The
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