The Business Times, 28 September 1995

Microfilm: NL20019
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE BUSINESS TIMES MITA(P) 194/12/94 Thursday September 28 1995 WE KNOW ASIA 85*
    13 words
  • Article
    Lock icon Dow down 37.58 points
    79 1 Reuter NEW YORK Stocks fell yesterday as news that durable goods orders posted the biggest rise in a year during August sparked a jump in long-term bond interest rates. At 2 pm EDT, the Dow Jones Average was down 37.58 points at 4,728.02. In the broader
    Reuter  -  79 words
  • Article
    Untitled
    149 1 Wedaeaday Cbugt STII 2,112.50 -7.76 KLSE Comp 1,006.68 -4.99 Nikkei 18,262.43 +340.45 Hang Seng 9,650.60 +67.26 SETlndex 1,293.09 -9.71 Jakarta Comp 490.21 -2.85 Manila Comp 2,663.21 -20.34 Taipei WPI 5,078.42 -16.0 Seoul Comp 980.78 -3.04 Bombay BSE30 ...3,469.54 -48.57 CLSA China B 841.88 -5.13 Aust All Ord 2,125.2 -3.4 FTSE
    149 words
  • Article
    New benchmark for land compensation
    398 1  -  By Abdul Hadhi SINGAPORE Compensation for land acquired by the government will now be assessed at its market value as at Jan 1 this year or at its current value, whichever is lower. The Ministry of Law announced yesterday that the compensation provisions in the
    398 words
  • Article
    Phileo takes KLSE to court over commission rebates
    617 1  -  Dispute seen as test case on industry's willingness to adopt innovations From Ho Kay Tat in KUALA LUMPUR IN WHAT IS possibly an unprecedented move, a Malaysian stockbroking firm has taken the Kuala Lumpur Stock Exchange (KLSE) to court in a dispute
    617 words
  • Article, Illustration
    Some S'pore banks put curb on lending to Daiwa
    339 1  -  By Paul Leo SINGAPORE Banks in Singapore have reduced or cancelled interbank lending facilities and foreign exchange credit lines to Daiwa Bank after news that a trader in the bank's New York branch lost US$l.l billion (SSI.6 billion). Dealers told Business
    339 words
  • Article, Illustration
    Lock icon Iguchi charged with falsifying books
    247 1 Reuter NEW YORK US federal prosecutors have charged former Daiwa Bank trader Toshihide Iguchi with falsifying the bank's books and records in concealing US$l.l billion (Ssl.6 billion) in bond losses over 11 years, US Attorney Mary Jo White said on Tuesday. According to the complaint
    Reuter  -  247 words
  • Article
    Scotts seeks SES approval to delay release of results
    409 1  -  By Catherine Ong SINGAPORE Scotts Holdings, under criminal investigation for a land deal in India, has written to the Stock Exchange of Singapore (SES) seeking permission to delay the release of its 1994/95 results which are due by Saturday, sources said.
    409 words
  • Article, Illustration
    Singapore Power appoints IPO managers, consultants
    365 1  -  By Genevieve Cua SINGAPORE Singapore Power, the holding company arising from the soon-to-be corporatised Public Utilities Board, has finalised the stable of bankers and consultants to manage its flotation next June. DBS Bank was appointed lead manager of a consortium that comprises OUB, UOB,
    365 words
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      193 1 FBurberrysl f*l -v «e%~- w Reigns when it pours BT Online Look us up at http:// wwwjsial .com.sg/biztimes Spore News 2 SporeSrsia 17,18 Regional News Financial 21-23 4X7.8 HhM, World News..... 16 KLSE, SES... 26-28 PHhvw Regional 24 Law 12 World 24 Edtorial 14 Currencies 21 TV/Ufestyte 11 Commo 23
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      7 1 Law: Pg 12 The nature of negligence
      7 words
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      26 1 Hock Lock Siew: Pg 17 y 4 Polysindo will make \ut Focus, Pg 13 Daiwa bad debt write-offs to be delayed Iguchi's unusual road to infamy
      26 words
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      Page 1 Advertisements Column 4
      113 1 B. Bottom Line: p g ie rid economy is on even keel I *>-■■ Lmml C«ll*9«: entry: interview and assessment allows direct second year entry to B. Sc Economics or B. Sc Management degree from University of London Commencement: February 1996 entry: 3 'O' levels allows direct 2nd year entry
      113 words
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      12 1 t y Rude awakening for investors in Asian power projects, Pg 2
      12 words
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  • SINGAPORE NEWS
    • Eye on the Economy
      • Article, Illustration
        Lock icon Why spending lags income growth
        358 2  -  By Anna Teo THE rapid rise in real incomes in recent years has not translated into equally spectacular consumption or investment growth at home, a private economist notes. And nowhere is this felt more directly than in the domestic retail/restaurant industries, which have been relatively
        Source: Dept of Statistics  -  358 words
    • Article
      $185m project to improve efficiency in construction sector
      271 2 NATIONAL Development Minister Lim Hng Kiang launched a project yesterday to make the construction and real estate sector more efficient and effective. The project the Construction and Real Estate Network or Corenet is estimated by the National Computer Board to cost about
      271 words
    • Article
      Country Road to open third S'pore store at Suntec City
      239 2  -  From Florence Chong in SYDNEY LEADING Australian fashion retailer Country Road will open its third Singapore store at Suntec City in November. The company is also expanding to Hongkong, where it will open its first store at the World Trade
      239 words
    • Article
      Rude awakening for investors in Asian power projects
      403 2  -  Singapore Power chairman tells of political bottlenecks, delays and constraints By Genevieve Cua AFTER having responded overwhelmingly to requests by Asian governments for proposals on power projects, investors were experiencing a "rude awakening", Singapore Power chairman Ho Kwon Ping said yesterday. In
      403 words
    • Article, Illustration
      A dissenting voice among the ayes as the family violence bill is tabled
      588 2  -  PARLIAMENT WRAP-UP By Chuang Peck Ming AN emphatic "nay" was heard amid the cries of "ayes" in support of a debate on a bill on family violence yesterday it came from Bernard Chen, the Member of Parliament
      588 words
    • Article
      SPH launches multimedia lifestyle mag on CD-ROM
      306 2  -  Wiz i#R>mpany*s first foray into multiifiedia magazine publishing Lee Wai Leong AMIDST the dazzling explosions and dare-devil stunts of the latest James Bond movie, Goldeneye, Singapore Press Holdings (SPH) yesterday launched Wiz, its first foray into multimedia magazine publishing. Produced entirely in-house by
      306 words
    • Article, Illustration
      62% of Hong Leong condo project sold on soft launch
      299 2 ABOUT 62 per cent or 173 units in the first phase of the Hong Leong Group's Signature Park's condo project were sold by the end of its soft launch yesterday. Prices averaged between $680 and $690 per sq ft after
      299 words
    • Article
      Magna in venture to set up software investment fund
      259 2 LOCALLY-based Magna Group, an investment consultancy firm, has signed an agreement with London-based securities firm Durlacher Ltd to establish a joint-venture investment fund focusing on software. No details of the fund size or potential investors were given. But Magna, which specialises
      259 words
    • Article
      Chaotic paper price shifts spark fresh worries
      445 2  -  Bjr Siow Li Sen THE rise in global newsprint prices has continued unabated. Canadian and South African paper mills have jacked up prices on long-term newsprint contracts by USSSO (Ss72) a (nude for the last quarter of the year. But the uptrend in
      445 words
    • Article
      Hunting Oilfield Services opens new plant tomorrow
      165 2 HUNTING Oilfield Services Pte Ltd, which supplies ancillary equipment to the oil industry, will open its new manufacturing plant at Loyang tomorrow. The plant will double Hunting's workshop area here. Additional staff has been hired to handle an anticipated increase in business, said
      165 words
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      317 3 To promote I 111 M I 111 IgJ The Odyssey has lots of room for 7 and a unique centre-walkthrough aisle |II wm I U U| t>etween the first row seats makes for easy mobility. created the perfect family car, Protecting you and your family is our No. 1 priority.
      317 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Bangkok rejects plan to bring forward Afta deadline
      364 4 Reuter MANILA Thailand yesterday thumbed down proposals to speed up the implementation of the Asean Free Trade Area (Afta) to the year 2000 instead of the original deadline of 2003. "What I am suggesting is that any attempt to open up the
      Reuter  -  364 words
    • Article
      No change in policies even if I go: Ramos
      303 4  -  Fran Al Labita in MANILA PRESIDENT Fidel Ramos yesterday moved to allay foreign businessmen's fears of a drastic change in policies once he bows out of office in 1998. "There's no turning back," he said in a keynote address to a
      303 words
    • Article
      Lock icon Thai insurance industry will get boost from WTO: study
      369 5 AFP BANGKOK Opening up Thailand's life insurance sector to conform with World Trade Organisation (WTO) agreements could give a strong boost to the protected sector, a study received yesterday said. Only nine per cent of the country's 60 million people hold
      AFP  -  369 words
    • Article
      Leighton unit picks M'sia as its regional HQ site
      197 5  -  Florence Chong In SYDNEY THE Hongkong-based subsidiary of Australian contractor Leighton Holdings has chosen Malaysia as the site for its new regional head office. As well as Malaysia, the office will direct operations in Vietnam, Singapore, the Philippines, Brunei and Indonesia.
      197 words
    • Article, Illustration
      Lock icon Getting to know the army
      50 5 AFP JAKARTA An Indonesian schoolgirl fires an M-16 assault rifle at a moving target during an exhibition sponsored by the Indonesian Armed Forces. The show, which aimed at familiarising the public with the army, featured tanks, armoured personnel carriers, amphibious vehicles and even helicopters. AFP
      AFP  -  50 words
    • Article
      Lock icon EGAT to sign US$l49m loan
      85 5 Bloomberg Business News BANGKOK The Electricity Generating Authority of Thailand (EGAT) will sign a US$l49 million (SS2IS million) loem today with six financial institutions, led by AIG Financial Securities (UKX The Nation reported. The deal, the first offshore loan by the state power utility in
      Bloomberg Business News  -  85 words
    • Article
      Lock icon M'sian tax perk for biotech R&D?
      88 5 Bernama KUALA LUMPUR The government will be looking at provisions in the Income Tax Act to conclude a tax allowance for research and development done on bio-technoiogy, Minister of International Trade and Industry Rafidah Aziz said here in response to a question from a
      Bernama  -  88 words
    • Article
      Lock icon ADB approves Indon, China loans
      61 5 AP MANILA The Asian Development Bank yesterday approved loans for urban development projects in Indonesia, a telecommunications project in China, a water resources project in Bangladesh and a development project in the Cook Islands. Indonesia's two loans, amounting to US$2OO million (Ss2BB million), will benefit
      AP  -  61 words
    • Article
      Lock icon M'sia corporate tax cut urged as foreign investment incentive
      252 5 MBT KUALA LUMPUR Malaysia is still considered one of the best investment destinations in Asia but to sustain this, fresh incentives such as lower corporate tax will have to be introduced in the next Budget, analysts say. Foreign investors are increasingly
      MBT  -  252 words
    • Article
      Cambodia bans export of rubber
      396 5  -  Move aims to boost domestic industry and promote sale of processed goods %i Harish Mehta SINGAPORE Cambodia has banned the export of rubber, the country's second-big-gest revenue earner after timber, in a bid to conserve the commodity for its soon-to-be-privatised rubber plantations and factories. A
      396 words
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      1071 4 A The Mitsubishi Bank, Limited Incorporated in Japan with Limited Liability CONSOLIDATED BALANCE SHEETS CONSOLIDATED STATEMENTS OF INCOME MARCH 31,1995 AND 1994 FOR THE YEARS ENDED MARCH 31,1995 AND 1994 1905 1904 1998 1994 (In millions) (In mHHona) (In million*) (In mililone) ASSETS Intoroet Income: Cash and due from banks
      1,071 words
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      175 4 v. v. Wmmm \aj 'i -kflß" Bp t^Hpven m You can't get more authentic than having leaves, tender Boiled Beef in chilli sauce, seven (not one or three, but seven) Master Chefs crispy Deep-fried French Beans with minced from Beijing to show you the real taste of pork and, oh,
      175 words
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      102 5 Over 150 flights a week, overnight, over Asia. Introducing AaiaOne from FedEx, a planes to provide complete control of your revolutionary new Intra-Aslan express shipments, door-to-door. And our highly delivery service, made po«ible by our new efficient night-flying schedule means reAsia hub at Sabk Bay, the Philippines. liable next morning
      102 words
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      220 6 -y JV; vr <|ki -< Mil 3 f fpiifl mill tf if sil" I >3' > Z .Z. tP 'Zp >zP >z9 .Z.Z- >, t/ yj) .Z. IL. >J7 H Cineleisure-The Orchard llllllHKRlllRllliaiiailßllßlllllllllllin Join lis at the Preview |M|uy Cathay Building: sth Floor -29 September 1995 -10 am 5 pin
      220 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Taiwan economic data points to an upturn
      332 7 AFP TAIPEI Taiwan's economy is heading for an upturn with the government's key economic indicators gaining in August, the Council for Economic Planning and Development (CEPD) said yesterday. The index of leading economic indicators closely watched as a barometer of trends in economic
      AFP  -  332 words
    • Article, Illustration
      Lock icon Please release him, let him go:
      75 7 AFP People in Beijing walking past posters put up recently urging China to release jailed dissident Chen Zemin. Hopes for the release of more dissidents have brightened following Shanghai activist Yang Zhou's departure for the US yesterday for medical treatment. The authorisation for Mr
      AFP  -  75 words
    • Article
      Lock icon China's futures law: draft in December
      122 7 Reuter BEIJING An urgently needed futures law should be j sent in December for review j and approval by the standing committee of the National j People's Congress, China's parliament, chief drafter Dong Puren was quoted as saying. The law has already gone J
      Reuter  -  122 words
    • Article
      Lock icon Taiwan govt offering NT$36.4b loan for planned steel plant
      301 7 Reuter TAIPEI The Taiwan cabinet's Council for Economic Planning and Development (CEPD) said its Mid- and Long-Term Fund has decided to offer a NT536.4 billion (Ssl.9 billion) loan to more than 20 local banks to refinance the Kuei Yu Industrial's planned
      Reuter  -  301 words
    • Article
      Lock icon HK may use 'floating hotels' for crowds at 1997 handover
      153 7 AFP HONGKONG Hongkong may set up "floating hotels" to cope with an expected invasion of visitors when the British territory reverts to China on July 1, 1997. With the change of sovereignty 643 days away from yesterday, the Hongkong Tourism
      AFP  -  153 words
    • Article
      Lock icon Taipei's China policymaker quits
      76 7 Reuter TAIPEI Taiwan's top policymaker on China said yesterday he had tendered his resignation in order to run in the island's parliamentary elections in December. "In order to devote myself completely to election campaigns, I today tendered my resignation to Premier Lien (Chan)," Vincent Siew, chairman
      Reuter  -  76 words
    • Article, Illustration
      Lock icon Beauty is big business
      62 7 AFP BEIJING A consultant from the Athina Beauty and Fitness Centre, the first "women-only" club here, using a computer and hi-tech machinery to examine the skin of a visitor to a cosmetics exhibition. Both domestic and foreign companies are anxious to tap into the Chinese cosmetics
      AFP  -  62 words
    • Article
      Lock icon Zhu Rongji against monetary easing
      87 7 Bloomberg Business News HONGKONG Zhu Rongji, former head of China's central bank, said China should not ease monetary policy this year, the Hongkong Economic Times reported. It said Mr Zhu reiterated at a speech his goal of keeping inflation under 19 per cent. He said
      Bloomberg Business News  -  87 words
    • Article
      Lock icon Li Peng to visit Africa, America
      50 7 AFP BEUING Chinese Premier Li Peng will next month carry out a fiveicountry tour of Africa, Europe and America, the foreign midktry said yesterday. Mr Li will go to Morocco, Mexico, Peru, Canada and Malta between Oct 3 and Oct 17, it said. AFP
      AFP  -  50 words
    • Article
      Lock icon China gives nod for seven more companies to list overseas
      406 8 Reuter Bloomberg Business News BEIJING The Securities Commission of China's cabinet, known as the State Council, has approved the listing of another seven Chinese companies overseas but a timetable has yet to be set, the official Xinhua news agency said.
      Reuter; Bloomberg Business News  -  406 words
    • Article
      Lock icon Beijing wants private sector role in housing
      204 8 AFP BEIJING China, which has earmarked more than 13 per cent of its fixed-capital investment over the next 15 years for urban housing, also wants the private sector to do its bit, the China Daily reported yesterday. Shen Jianzhong, deputy head of the
      AFP  -  204 words
    • Article
      Lock icon Taiwan to send top team to central Europe
      87 8 AFP TAIPEI Taiwan will send a high-powered trade delegation to visit three central European nations in the next few days to expand ties, an Economic Ministry official said yesterday. The delegation, to be led by Economic Minister Chiang Pin-kung, will leave for
      AFP  -  87 words
    • Article
      Lock icon HK lifts Cantonese-language curbs on Star TV
      137 8 AFP HONGKONG The Hongkong government decided yesterday to lift the final restrictions on Cantonese-language broadcasting by the Star TV satellite television network. A government spokesman said the language restrictions, intended to protect local television channels, had been lifted on Star TV's Star Plus
      AFP  -  137 words
    • Article
      Lock icon HK faces highest jobless rate in 11 years
      504 8 Shift to China by labour-intensive industries compounds woes Bloomberg Business News HONGKONG On a warm, bright Monday in May last year, 670 factory workers at Winsor Industrial Corp got some cold facts about the Hongkong economy: .They were fired. Winsor, which spins,
      Bloomberg Business News  -  504 words
  • Page 7 Advertisements
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      103 7 I I I j I I ImM| p jfl I I Flying Is a vary porionnl experience. Some Mm to sleep the time away. Others like the time to fly away wMIe watching their latest favourite movie. Our SAS Euro Class personal video player makes tt movie time any time.
      103 words
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      157 8 OPEL OMEGA I H I SIGN UP BY THE 7T H OF OCTOBER. YOUR SIGNATURE WILL BE WORTH AT LEAST $9,000. X > i ,V' Until the 7th of October, the new Opel Omega comes with a special package that could have you smiling all the way from the bank.
      157 words
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      63 8 Freehold Strata Titled Shops Priced from only A 5150,000 Limited Choice Units 538 s.f. to 3,800 s.f. Foreigners can purchase Major road frontage I Secure Long Term Leases i Strong Population And Capital Growth I Call Now- *****20 xl 6 j Singapore Sok Agent* I RUIJ Cheong Koon S«ng (CKS)
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  • ASIA
    • Article
      Lock icon India plans to prosecute bank unions
      513 9 Work stoppage paralyses financial markets, resulting in losses of millions of dollars Reuter NEW DELHI The Indian government said yesterday that it would prosecute four bank unions for striking illegally as a nationwide work stoppage entered its second day, disrupting financial services and costing
      Reuter  -  513 words
    • Article, Illustration
      Lock icon Woman to head trade union body
      42 9 Reuter SYDNEY Australian Prime Minister Paul Keating giving the thumbs up to Jehny George (left) after she was elected the first woman president of the Australian Council of Trade Unions in Melbourne on Sep 27. Reuter
      Reuter  -  42 words
    • Article
      Lock icon TV network crosses ownership ceiling
      83 9 Reuter SYDNEY Television broadcaster Seven Network said the level of foreign ownership in the network stood at 20.18 per cent, exceeding a 20 per cent ceiling set by the Australian government. The rise above the 20 per cent limit occurred after National Mutual Life Association
      Reuter  -  83 words
    • Article
      Lock icon US, Japan blamed for floods
      55 9 Reuter BEIJING North Korea yesterday blamed the US and Japan for what it said was a US$l5 billion (Ss2l billion) flood disaster. Pyongyang's negotiator at the inter-Korean talks here said the US and Japan are responsible for the calamity as they generated "70 per cent
      Reuter  -  55 words
    • Article
      Lock icon Senate to cut more from Australia's budget surpluses
      218 9 Reuter CANBERRA Australia's Senate, the Upper House of Parliament which the government does not control, is set to remove planned government spending cuts worth around As2o million (5521.4 million) in {993/96 and more than AS 120 million by 1998/99. The Senate has
      Reuter  -  218 words
    • Article
      Lock icon Aussie ad blitz to tell world it has culture
      147 9 Reuter SYDNEY Australia yesterday launched a AS 100 million (S$ 106.8 million) advertising campaign to convince the world, especially Asians, that the country has culture. Australia's single biggest marketing and ad campaign, unveiled by Tourism Minister Michael Lee in Sydney, mixes
      Reuter  -  147 words
    • Article
      Lock icon Foreign funds in India stocks top US$4b
      115 9 Bernama-Xinhua NEW DELHI Foreign institutional investors have stepped up their operations in the Indian bourses and the latest indications suggest their net investment has crossed the US$4 billion (555.77 billion) mark, official sources said here yesterday. After a spell of uncertainty in the
      Bernama-Xinhua  -  115 words
    • Article
      Lock icon Hashimoto reaffirms accord to avoid split
      231 9 AFP TOKYO Ryutaro Hashimoto, the new hardline conservative head of Japan's Liberal Democratic Party (LDP), moved yesterday to avoid a policy split with partners in the fragile governing coalition. He committed himself to keeping to a policy accord his party made with the Social
      AFP  -  231 words
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      333 words
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      Page 10 Advertisements Column 4
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      325 words
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      Page 10 Advertisements Column 5
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      218 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Stars team up to fight domestic violence
      227 11 UPI UPI AP MICHELLE Pfeiffer, Laura Derm, Victoria Principal, Jennifer Grey, Ed Begley Jr, Ciiric Fisher and Lesley Aaa Warren are among the famous members of the community advisory board of the Los Angeles County Domestic Violence Council. Many of them were on
      UPI; AP  -  227 words
    • Article, Illustration
      Lock icon Rambo flexes his investment muscles
      551 11  -  Lynne Marek reports on a new role for Sylvester Stallone. The action star has bought a substantial number of shares in an infomercial company Lynne Marek Bloomberg Business News DON'T be sur« prised to see movie stud Sylvester Stallone flexing those muscles of his on
      Bloomberg Business News  -  551 words
    • Article, Illustration
      Lock icon MacDowell has the last laugh
      480 11  -  Bob Tourtellotte talks to Andie (not just a pretty face) MacDowell Bob Tourtellotte Reuter IN HER mid-20s, critics laughed off Andie MacDowell as just another gorgeous model who couldn't act, but after a string of hit movies, MacDowell is the one laughing now. In Greystoke:
      Reuter  -  480 words
  • Page 11 Advertisements
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      837 11 the book by New York Times writer Nicholas L;« Gage. Gage (John Malkovich) goes to Greece to track the men I I -^^ms.' who killed his mother Eleni l H ing This musical tour sees Jams and her band doing their last \+&M gig at the Generation Club in -ij
      837 words
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  • The Law Page
    • Article, Illustration
      Negligence: it's a case of mind and body
      963 12  -  A House of Lords decision includes nervous shock as personal injury, writes Selva Kumar Selva Kumar The writer is a Sydney-based freelance writer ENGLISH courts deciding negligence cases involving nervous shock may in future tend to lean towards a single test of
      963 words
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      35 12 *a I. JUST A FEW OF THE 422 CREATURES GREAT AND SMALL —r_*r= who will fly with us this year r ■rsnsss?'- 1 -v HSKEANAIR CCHED BEYOND YOUR IMAGINATION For reservations please call 542 0685
      35 words
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  • FOCUS
    • Article
      Lock icon Bad debt write-offs to be delayed
      342 13 The Daiwa Bank scandal Reuter OSAKA Japan's Daiwa Bank said yesterday its US$ 1.1 billion (551.58 billion) bond trading losses will delay bad debt write-offs and that it is still considering restructuring as part of a three-year plan. Daiwa announced on Tuesday it had
      Reuter  -  342 words
    • Article, Illustration
      Lock icon Unconventional Iguchi's road to infamy
      734 13 Bloomberg Business News NEW YORK Standing mute on Tuesday in US District Court in Manhattan, his wrists shackled, his feet shuffling, Toshihide Iguchi hardly looked like the kind of bold trader who some Wall Street rivals said could buy and sell hundreds of millions of
      Bloomberg Business News; Reuter  -  734 words
    • Article
      Lock icon Disasters show that it's still a learning process for Japan
      442 13 FT LONDON The history of banking is richly endowed with colourful stories of loss-mak-ing loan officers and traders. Yet by any historic yardstick, Yoshihide Iguchi, the former car salesman who worked for Daiwa Bank's branch in New York, is something
      FT  -  442 words
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      374 13 ii i mnn p ~h w 07 i1,n I Mil I Ti, rCp Applications are invited for admission to the MBA Programme for the 1996 -97 academic year commencing 8 July 1996 leading to the following degrees: Wfijfif MBA (ACCOUNTANCY) 1 MBA (BANKING AND FINANCE) iii; MBA (BUSINESS LAW) MBA
      374 words
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      972 13 BANQUE WORMS Haad Office: Le Vottaire 1 place des Degree, Cede* 58 ***** Paris, La Defense France. Tet (1) 49 07 50 50 Fax: (1) 49 07 59 11 Telex; BWOR X 616 023 F Singapore Branch: 143 Cecil Street, #23-00 QB Building. Singapore *****2. Tel: (65) *****33 Fax: (65)
      972 words
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  • Article
    To woo or wound Myanmar?
    527 14 HOW should the developed nations deal with what they perceive to be a repressive state? One way is to impose punitive economic sanctions to force it to change. But sanctions can be a double-edged sword: if the targeted state does not succumb, it may retaliate
    527 words
  • Article
    Partners in progress
    214 14 TO ADAPT Marshall McLuhan, the apostle of modern communications, the visit last week of Indonesian President Suharto itself was the message. That it went beyond the Europe-East Asia economic conference and reinforced bilateral ties affirmed the "close, mutually qualifying and beneficial cooperation" to which Mr Suharto paid
    214 words
  • Article
    Give according to means
    130 14 THE 21st century will be marked by keener competition, especially in the economic sphere. Singaporeans are well aware of this because coping with competition has been the thrust of speeches by national leaders. Recently, the Minister in charge of Muslim Affairs Abdullah Tarmugi called on Muslims
    130 words
  • Article
    Russia and the Asia-Pacific
    236 14 AFTER placing too much hope in the West and being let down, Russia has decided to take up a position in the Third World, especially in the rapidly developing Asia-Pacific region, to rebuild its economy and reinstate its position as a major world power. And since
    236 words
  • Article
    A historic initiative
    118 14 THE LONG and strenuous talks between PLO chairman Yasser Arafat and Israeli Foreign Minister Shimon Peres in the Egyptian city of Taba finally paid off on Sunday when the two sides clinched an historic deal. The agreement between Israel and the Palestinian Liberation Organisation to extend PLO
    118 words
  • Article
    Shockproofing the economy
    202 14 IT IS HARD to get to the top and even more difficult to stay there, they say. Economists, it seems, are now using this line to see what the future holds for Malaysia. After eight years of rapid growth, it is timely to take a good look
    202 words
  • Article
    Short-sighted France
    160 14 THE DECISION by France to carry on with its nuclear tests in the South Pacific is disheartening. By moving ahead with its tests below picturesque Mururoa Atoll, the French government displays both an arrogance and a myopia particularly distressing in today's eversmaller world. France has failed to realise
    160 words
  • Article, Illustration
    Lock icon German savers look to Switzerland for safety
    709 14  -  Fear of taxman and a single European currency drives surplus marks into safe haven next door, reports Wolfgang Munchau from Frankfurt Wolfgang Munchau FT IN the past, when the taxman was benevolent and the deutschemark was strong and safe German savers were confronted
    FT  -  709 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      168 14 JOV ■< ■>• fVr^VklPfl smyff«l\ ■<< INVEST IN THE LEADING INDUSTRIAL CITY OF CHINA The Shanghai Pudong Industrial Park Pudong New Area is an administrative district HUHfl^ of Shanghai, which is the largest industrial and 't commercial city of China. occupies an of 520km 2 and has a population of
      168 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      50 14 OVAPvT W^ENOVJ-— t TMPfT 1 s Mlce.ST IVJiNfG lOVN F\R£ N/OVJ SO N I T6DO UflW EV&R SFVD To \K>TeRESTBD rtslOUR. VS»OCIRL SeCURIT/Py Me.... POONESBURY GARRYTRUDEAU u£ CANT urTHIS happen* HEmnHH|H| I PUKBMEANStVBKfTWNO THB I I ■ff .UPCAKII I Tht-SHO9FF*ZI TOU9,ANPM£HAV&iO W H OUKC.T fl PRL/NK r £jy— f **M
      50 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      153 15 h So who insures the insurers? V f J \%L -»«m %> T The dividends of risk. When you're in the business of insuring other insurers, you tend of risks, even massive ones. Apart from limiting damage, it helps to think differently about risk. create vast common weal and wealth.
      153 words
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  • Article
    Japanese bank system can take bad-debt burden: panel
    533 16  -  Fran Anthony Rowley in TOKYO A JAPANESE government advisory body said yesterday that the nation's banking system as a whole was capable of dealing with its burden of non-per-forming loans without recourse to public funds. It accepted, however, that likely further failures
    533 words
  • Article
    Lock icon US firms set up electronic marketplace
    347 16 FT SAN FRANCISCO A consortium of US companies has launched an international electronic marketplace which can be used for trading anything from molasses to microchips. Anyone with a desktop personal computer will be able to join the International Business Exchange (Ibex) and offer to
    FT  -  347 words
  • Article
    Lock icon UK court to ask British govt to extradite Leeson
    409 16 Bloomberg Reuter AP LONDON A British magistrate's court said it will ask the government to extradite former Barings trader Nick Leeson to Britain to face criminal fraud charges, at the request of former Barings bondholders seeking a private prosecution of Leeson.
    Bloomberg; Reuter; AP  -  409 words
  • Article, Illustration
    Why rest of 1995 doesn't present worrying prospect
    804 16  -  The Bottom Line PAUL SAMUELSON PAUL SAMUELSON The writer is an economist at the Massachusetts Institute of Technology. This commentary first appeared in the LA Times AS 1995 approaches its end, the world economic picture still shows positive growth in most of
    804 words
  • Article
    Lock icon Asia-Pac projects need US$100b a year
    255 16 Reuter AFP BEIJING Domestic savings and foreign direct investment will be the main ways to meet unprecedented demand for capital in the Asia-Pacific region over the next decade, international bankers said at a seminar yesterday. "The Asia-Pacific region will need US$lOO billion (SSI44 billion)
    Reuter; AFP  -  255 words
  • Article
    Lock icon Debt threat may block Clinton's Apec trip
    298 16 Reuter Bloomberg Business News WASHINGTON US President Bill Clinton may cancel a trip to Japan to attend the Apec summit in November if the federal government does not have a new budget or if it runs out of borrowing authority, a top official
    Reuter; Bloomberg Business News  -  298 words
  • Article
    Lock icon August durable goods outers up 4.9% in US
    71 16 Bloomberg Business News WASHINGTON Orders for big-ticket manufactured goods vaulted 4.9 per cent in August, the largest increase in a year, as car plants resumed production following a seasonal shutdown to retool for the 1996 model year. Steelmakers, appliance makers and other
    Bloomberg Business News  -  71 words
  • Article
    Lock icon Asia-Pacific PC boom
    81 16 Bloomberg Business News TAIPEI Sales of personal computers in the Asia-Pacific region will grow about 24 per cent annually during the next five years, according to a report by the US research company Dataquest. Factory sales in the region, excluding Japan, will climb to USS26 billion (5537.2
    Bloomberg Business News  -  81 words
  • Article
    Lock icon Powell has edge over Clinton
    87 16 AP WASHINGTON Retired Gen Colin Powell running as the Republican nominee would defeat President Bill Clinton by 15 percentage points if the presidential election were held now, according to a poll. The USA Today/CNN/Gallup survey taken last weekend found that Gen Powell would best Mr
    AP  -  87 words
  • Article
    Lock icon Shopping via computer
    66 16 Bloomberg Business News PALO ALTO, California HewlettPackard Co said it will develop smartcards that will allow consumers to buy goods and services by computer. The cards, which will include a computer chip, will be developed with Informix Corp and France's Gemplus SCA. About four billion of the
    Bloomberg Business News  -  66 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      167 16 UE TECH PARK 1 WAREHOUSING SOLUTIONS FOITONOKKOW pummmmim rommaissMM The Park's proximity to the 12 passenger lifts PSA seaport means cheaper mbh and 16 "drive-through" cargo lifts transportation and more efficient hm to all floors. regional distribution TECH PARK m(BUH6 aosimrnirnfMnmausauY Floor-to-floor Close proximity to the heights of 5m to
      167 words
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      Page 16 Advertisements Column 2
      16 16 A quick look at the markets. For Financial News, call 1900-913-0001, at 30 cents a ynimrtr.
      16 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      MARKET MOOD
      52 17 Market Mood indicates the likely trading sentiment today, based on brokers polled at 5 -6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance, Barings, Credit Lyonnais Securities. Daiwa, Fraser, G K Goh, Kay Hian, Morgan GrenftU, Ong Co, Nomura, Phillip, Smith New Court, WI Can and S
      52 words
    • Article, Illustration
      HOT STOCK
      89 17  -  —By Shiv Taneja UPP is a sell. Its daily RSI and Stochastic* are in overbought territory, and the stock is just one cent off its year's high of 96 cents. But from a longer-term perspective, there is more upside for this counter, and if it breaks past 96
      89 words
    • Article
      Horiguchi faces suit over US$1m machine
      408 17  -  Leo Nah Siuh SINGAPORE Just two days after its share price hit an all-time high, takeover target Horiguchi Engineering said it could be slapped with a lawsuit from a joint-venture partner. The potential plaintiff is Itochu Asia Pte Ltd, which is put of Japan's
      408 words
    • Article, Illustration
      CK Tang banks on KL store for growth
      418 17  -  Jenny Lam SINGAPORE Retailer C K Tang is pinning its hopes on its first Malaysian department store which opens in Kuala Lumpur next month it expects the store to be the group's main source of sales growth in the near future. "It
      418 words
    • Article
      Polysindo's move into non-textile areas makes it a cut above the others
      801 17  -  HOCK LOCK SIEW By William Chia SINGAPORE Most Indonesian textile companies are facing a bleak future as the industry continues to reel under the impact of a shrinking export market in recession-hit Europe and Japan as well as
      801 words
    • Article
      Swedish court clears Telecom's cable TV deal
      323 17  -  Leo Nah Siuh SINGAPORE A Swedish court has ruled that Singapore Telecom's purchase of a municipal cable television business in the Swedish capital of Stockholm can go ahead. The ruling, announced by Telecom yesterday, also paves the way for Singapore's biggest listed company
      323 words
    • Article
      Singatronics in the red if not for tax mite-back
      323 17  -  By David Mok SINGAPORE Electronics sub-contractor Singatronics would have sunk into the red at half-time if not for a $1.45 million tax write-back. The company said yesterday its performance was "severely affected" by operating losses at its Singapore plant, its mould-making
      323 words
    • Article, Illustration
      Lock icon Tuan Sing shares hit by $10m provision for sour deal
      182 17 SINGAPORE Tuan Sing Holdings shares dipped five cents to close at 57 cents yesterday after the company said it would make full provision of about 10 million this year for a Shanghai property deal gone wrong. Some 6.3 million shares
      Source: Bloomberg  -  182 words
    • COMPANIES
      • Article
        2 Japanese giants to list Indon units
        478 18  -  Komatsu and Asahimas to raise a total 0f275b rupiah in Jakarta flotations Froa Maggie Ford in JAKARTA TWO Indonesian subsidiaries of large Japanese companies are to list shares on the Jakarta Stock Exchange in a move which could add significantly fo market capitalisation
        478 words
      • Article
        Electronic Resources forms JVs to beef up Asia-Pac network
        311 18 SINGAPORE Computer products distributor Electronic Resources yesterday announced a number of acquisitions and joint ventures aimed at expanding its operations in the Asia Pacific. One deal involved a 51 per cent stake in Chinam Electronics Ltd, a semiconductor distributor in Hongkong
        311 words
      • Article
        Straits Trading interim earnings flat
        57 18 SINGAPORE Straits Trading yesterday posted marginally higher interim net earnings of $14.8 million for the first half of the year. Earnings improved from $14.7 million previously, but turnover fell 42.5 per cent to $64 million. The lower turnover was due to the exclusion of Malaysia
        57 words
      • Article
        Alliance sinks deeper into the red
        50 18 SINGAPORE Alliance Technology and Development Ltd has fallen deeper into the red. Net losses shot up to $2.4 million in the first half of the year, up from $600,000 in the same period last year. Turnover, however, rose 47 per cent to $11.9 million.
        50 words
      • Article
        Rotary interim earnings halved
        41 18 SINGAPORE Rotary Engineering Ltd reported lower interim net earnings of $670,000 for the first six months of the year, down by about half from $13 million previously. Turnover, however, was 113 per cent higher at $30.9 million.
        41 words
      • Article
        GRP earnings up at $2.3m
        37 18 SINGAPORE GRP Ltd chalked up higher net earnings of $2.3 million for the year to June 30, up from $1.8 million previously. Turnover was up slightly at $26.6 million from $24.9 million.
        37 words
      • Article
        Untitled
        568 18 Sep21 Mwgn QmM lav Mgt u .—A MG Spore Premier T 0.90 0.930 angapwo mm. tim moam t 0.93 0.99$ The Commerce 1.54 14) The Savings F ur>J i 49 1 58 HVMHBMh BMW S pore Pint F"»d 0 59 0.42x4 Citi Global Bond F4 0.974 0.904S pore Sac Fund
        568 words
      • Article
        Indon paper firm makes inroads into Europe
        295 18  -  Siow Li Sen SINGAPORE US-listed Indonesian company Asia Paper and Pulp Co Ltd (APP) has made significant strides in exporting Indonesian hardwood pulp since it expanded production last year. APP, a member of the Sinar Mas group, recently penetrated the European pulp market.
        295 words
      • Article
        Jaya Holdings on profit plunge
        57 18 SINGAPORE Marine-based Jaya Holdings, which announced a 45 per cent plunge in net profit to 55.1 million in the year to June 30, said yesterday that the figure was affected by several additional reasons, including depreciation and amortisation of $13.6 million, which was some 63
        57 words
      • Article
        UOB expands scope of unit trust fund
        39 18 SINGAPORE United Overseas Bank has expanded the scope of its open-ended unit trust fund, Unißond, to include overseas bonds and money market securities. The fund will be renamed United International Bond Fund.
        39 words
      • Article
        Acer Int'l sets up Korean subsidiary
        41 18 SINGAPORE Acer Computer International has formed a wholly-owned subsidiary in South Korea, Acer Korea Co, to spearhead its penetration of the market there. The new company has a paid-up capital of 381 million won (S$708,000).
        41 words
      • Article
        Telecom's Thai associate ups capital
        55 18 SINGAPORE Singapore Telecom said that an associate firm, Thailand-based Pager Sales Company, has increased its issued and paid-up capital from 1 million baht (5556,900) to SO million baht. Telecom's equity interest of 40 per cent in Pager Saks, whose principal activity is the selling of
        55 words
      • Article
        L&M Group buys 80% of Lee Kim Tah unit for $8.7m
        236 18 SINGAPORE Specialist construction group L&M Group Investments Ltd (L&M) announced yesterday that it has taken over Kim Development Industries (KDI), a loss-making subsidiary of Lee Kim Tah Holdings Ltd. KDI manufactures and trades precast concrete products and other building
        236 words
      • Article
        L C Development posts 9% fall in group net earnings
        236 18 SINGAPORE Investment holding company LC Development reported a 9 per cent drop in group net profit to $1.19 million for the full year ended June 30, 1995, while its pre-tax profit fell by 16 per cent to $2.38 million. This
        236 words
      • Article
        New World upbeat on unit's listing
        465 19  -  Infrastructure subsidiary won't be hit by bad publicity over rival Hopewell's China project From Quak Hiang Whai NEW World Development said yesterday the impending listing of its subsidiary. New World Infrastructure, will not be adversely affected by recent bad publicity arising from massive cost
        465 words
      • Article
        Lock icon Goldman Sachs in takeover talks?
        81 19 Bloomberg Business News NEW YORK Goldman Sachs Group LP has held preliminary discussions about acquiring San Francisco-based RCM Capital Management from Travelers Group Inc, people familiar with the situation said. No transaction between Goldman and RCM is imminent, but an acquisition of RCM is seen
        Bloomberg Business News  -  81 words
      • Article
        Lock icon AT&T may cut up to 20,000 jobs
        73 19 Reuter NEW YORK AT&T Coip has started to plan job cuts, maybe as many as 20,000 positions, and a major restructuring of finances as a result of its proposed break-up into three separate companies, the Wall Street Journal said. The paper reported that
        Reuter  -  73 words
      • Article
        Lock icon Kanematsu wins 2.2b yen order
        63 19 AFP HANOI Kanematsu Corp has won a 2.2 billion yen (Ss3l million) deal to provide 20,000 radio telephone lines in Ho Chi Minh City. The Japanese firm will provide 20,000 lines using equipment from Hughes Network Systems Inc and NEC Corp to be installed by
        AFP  -  63 words
      • Article
        Lock icon MKI: Winfoong rescue plan approved
        58 19 Reuter HONGKONG MKI Corp said its shareholders approved a rescue proposal for the company by Winfoong Investment Ltd, which is 48 per cent owned by Hong Fok Corp. Under the proposal they would receive a 14.5 per cent stake in a successor company, Sui Chong
        Reuter  -  58 words
      • Article
        Lock icon Some shareholders abandon Jardine ship en route to S'pore
        480 19 Bloomberg Business News HONGKONG Jardine Matheson Holdings has lost a loyal band of shareholders somewhere over the South China Sea. Ten months after Hongkong's most famous conglomerate shifted trading of its shares to Singapore, 2,500 km to the south, many investors
        Bloomberg Business News  -  480 words
      • Article
        Lock icon Wheelock condo sales to net HK$1.5b
        171 19 Reuter HONGKONG Whcclock Properties managing director Ray Tse said the company would book HKSI.S billion (*****.4 million) in revenues from phase seven of its Pare Oasis luxury residential development if the remaining units sell out. "I guess that by the time sales are completed
        Reuter  -  171 words
      • Article
        Lock icon Morgan Stanley's net income jumps 72%
        323 20 Third-quarter profit rise boosted by robust Wall Street NYT NEW YORK Morgan Stanley Group Inc, one of Wall Street's biggest securities firms, on Tuesday reported a hefty increase in its profit for the three months ended Aug 31, buoyed by strong revenue from investment
        NYT  -  323 words
      • Article, Illustration
        Lock icon Murdoch's family stake falls to low of 30.89% as News Corp expands
        324 20 Reuter Bloomberg Business News SYDNEY Media magnate Rupert Murdoch's family stake in his global media empire News Corp has fallen to a historic low as the group whips up new capital in a drive to expand the company,
        Reuter; Bloomberg Business News  -  324 words
      • Article
        Lock icon Microsoft, Visa to unveil system to fight Internet crooks
        277 20 Bloomberg Business News NEW YORK Microsoft Corp and Visa International Inc were expected to announce yesterday their set of guidelines designed to prevent computer crooks from stealing from credit card customers using the Internet. The set of specifications will outline how
        Bloomberg Business News  -  277 words
    • FINANCE & COMMODITIES
      • Article
        DBS, OUB keen to set up full branches in Thailand
        300 21  -  Soh Thang Kong SINGAPORE DBS Bank and Overseas Union Bank yesterday said they were keen to open full-licence branches in Thailand, now that Bangkok is ready to accept new applications. The two Big Four banks currently carry out offshore banking
        300 words
      • Article
        Xiamen Finance signs deal to raise US$20m
        261 21  -  By Teh Hooi Ling SINGAPORE Xiamen International Finance Company Limited (XIFC) of Hongkong, a licensed deposit-taking company, has signed a deal here to raise US$2O million (5528.6 million) through floating rate certificates of deposit (FRCDs). The proceeds would be used as general working
        261 words
      • Article
        Lock icon Informal target zones for exchange rates likely: IMF
        174 21 Reuter WASHINGTON International Monetary Fund deputy managing director Stanley Fischer said the recent successful intervention in the currency markets to raise the value of the dollar made it more likely that an informal system of zones for exchange rates could be agreed
        Reuter  -  174 words
      • Article
        Lock icon US stock fund sales fall from record levels
        239 21 Reuter BOSTON Sales of stock mutual funds slowed this month from the record levels of July and August amid concern that the US stock market may be overpriced with the Dow Jones Industrial Average approaching 5,000. "It's the first time in a
        Reuter  -  239 words
      • Article
        Lock icon Coffee talks end but little done to prop up sagging prices
        281 22 Reuter LONDON Coffee-produc-ing nations ended talks on Tuesday but did little to support sagging world prices. "We can't come up with new miraculous measures," said a Central American coffee producer after the meeting of the Association of Coffee Producing
        Reuter  -  281 words
      • Article
        Kuwait says oil production costs fell 26% in past five years
        224 22 PUERTO LA CRUZ, Venezuela Kuwait said that technological advances and cost-cutting measures have reduced oil production costs by 26 per cent during the past Ave years. Kuwait Oil Minister Abdul Mohsen Medej al-Medej said that the world's oil and
        224 words
      • Article
        Lock icon LONDON
        201 22 Reuter LONDON The dollar was keeping to narrow ranges in thin, choppy trade but was trading near the day's lows against the mark the European midsession. In line with expectations, the Bundesbank cut its repo rate to 4.08 per cent from 4.12 per cent. Dealers said there was interest
        Reuter  -  201 words
      • Article
        Lock icon NEW YORK
        98 22 AFP NEW YORK The dollar slumped against other major currencies here early yesterday, due to a firmer German mark and weakness in the US bond market following the latest US economic report. By mid-morning, the dollar was quoted as trading at 1.4260 German marks, down from 1.4393 late
        AFP  -  98 words
      • Article, Illustration
        Untitled
        1194 22 Trade-wtwhud j ttdtx catctdaud qiquui S port s top 14 trading partners Bast yemr IMS USS/5S farwart rata* Noon Sep 27 91 m Offar 1-month 1.4256 1.4271 2-moath 1.4222 1.4237 3-mooth 1.4192 1.4207 6-nooth 1.4095 1.41 IS Sower OCBC Source: OCBC FOWDQN CURRENCY NOTE Ml IS As at Ami m
        1,194 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollars ease in thin trade
        1217 23 Reuter SINGAPORE Simex Euroyen and Eurodollar futures ended fractionally lower in thin trading. Dealers said market participants were sidelined in the absence of fresh economic data. "Euroyen trade is marking time this week, waiting for the end of the Japanese fiscal year," said a
        Reuter  -  1,217 words
      • Article
        Tokyo rubber up after early sell-off
        661 23 Rabtor TOKYO: Despite an early sell-off, Tokyo rubber futures ended higher on a growing view that prices in rubber producing countries would be steady. Rubber futures ranged from 1.0 yen per kg to 4.3 higher. Benchmark August was up 4.0 yen at 139.3. Rubber
        661 words
      • Article
        Low prices at Tokyo rice auction
        72 23 TOKYO Reflecting a supply glut from a bumper harvest last year, most domestic rice brands drew low prices at an auction in Tokyo yesterday. Among the 38 brands on sale, only two brands produced in Niigata prefecture attracted the ceiling bid prices of 7
        72 words
      • Article
        Indons hold back on palm oil sale
        60 23 KUALA LUMPUR Indonesia's exporters are not selling palm oil aggressively despite weak prices in the domestic market, traders said. The exporters may be hoping for export prices to rebound before selling. Prices in the domestic market recently have come under downward pressure from
        60 words
      • Article
        Cotton prices rising steadily
        121 23 TOKYO The price for extra-long staple (ELS) cotton used in the production of high-quality yam has been rising steadily on the back of tight world supplies, traders said. Prices for US ELS or Pima cotton are quoted around US$l.6O (552.24) per pound CIF Japan compared with
        121 words
      • Article
        Japan to import more silver
        79 23 TOKYO Japanese silver imports are expected to show a sharp increase this month after a surprise drop in August according to trading sources. Japan imported iust 33.1 tonnes of silver in August compared with 82.0 tonnes in July and 86.4 tonnes in August 1994, according
        79 words
      • Article
        COMMODITY PRICES
        1287 23 SttOMMra Sep 27 (Mmi eMU m at UOp) WtlC—hMt (Scents/kg) As at 12 noon (Sc«nts/kg) Clow Volume Open Month High Low Sen (toonet) Interest RSS 2 Oct 9S 193.50 196.50N Oct 95 199.00 25 200 RSS 3 Oct 95 195.00 I96.00N No* 196.50 192.50 196.00 325 1975 0<
        1,287 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        888 24 -3.4 SHARES closed weaker yesterday following a day of volatility in which BHP bucked the trends and ignored recent turmoil to end the day stronger. The All Ordinaries Index closed 3.4 points weaker at 2.125.2. The All Industrials fell 5.7 to 3,163.1 while the All Resources slipped 1.7 to
        888 words
      • Article
        Manila
        590 24 -2&34 Shares closed lower on continued foreign selling triggered by fears of rising inflation. 'There are some fears that the inflation rate is expected to increase," said an analyst, adding that "some concerns on the peace and order situation" could have affected trade. The PSE Composite Index dropped 20.34
        590 words
      • Article
        Taipei
        476 24 -16.0 Share prices finished lower on a technical correction, with only financial and construction issues posting gains. "The sentiment was very cautious, with most of institutional investors staying on the sidelines," said a dealer. "The market is expected to remain sluggish in the short term." The 321-issue Weighted Price
        476 words
      • Article
        Seoul
        395 24 •3.04 Stocks fell for a fifth day as institutional investors sold shares in large exporters and state monopolies to realise profits before the end of their firsthalf fiscal year on Saturday. "To show profits for the first half of the year, securities firms, insurance companies and other institutions continued
        395 words
      • Article
        New Zealand
        265 24 +1Z56 Stocks gained, led by Telecom after the anti-trust authority cleared the company to buy a 25 per cent stake in local pay television operator Sky Network. "That would have had some effect," said a broker. The NZSE4O Capital Index pained 12.56 points to 2,105.02, its first rise
        265 words
      • Article
        Bombay
        91 24 -48.57 Share prices closed sharply lower, succumbing to heavy long liquidation after an expected resumption of forward trading failed to come through. The 30-share BSE Index fell 48.57 points to 3,469.54. The 100-stock National index was down 12.2 to 1,591.27. "People were anticipating something would come (on forward trade),"
        91 words
    • WORLD STOCK MARKETS
      • Article
        London
        718 24 -3&3 UK STOCKS fell to their lowest level since Aug 31 as floundering US equities and an unsuccessful gilt auction rattled investor confidence in UK securities. Insurers and electricity shares paced the index lower as insurance firms reflected the decreasing value of their bond and equity holdings. Electricity suppliers
        718 words
      • Article
        Paris
        141 24 •24*48 French shares drifted into negative ground, as European bourses stayed under selling pressure. Traders said sentiment was undermined by weakness in bond markets after this morning's release of August German Import prices, and low cover in the UK gilt auction. But France also suffered as operators expected the
        141 words
      • Article
        Frankfurt
        204 24 -4241 German stocks fell, giving up Tuesday's gains as the dollar weakened and bond futures did to their lowest level this month. The DAX Index of 30 leading shares slid 42.41 points to 2,185.44, its lowest since July 20. "Chemicals really stand out, and cars too," said an analyst,
        204 words
      • Article
        Brussels
        157 24 -15.70 Belgian shares were down just over one per cent in a market expected to remain nervous over the weak dollar and uncertainty about the 1996 budget. The Bel-20 Index closed 15.70 points lower at 1,449.67 on a volume of 901 million francs worth of shares traded. STr rw
        157 words
      • Article
        Milan
        115 24 -99 Italian shares were weaker, reflecting the fall overnight in the lira and the easier trend on the domestic bond market, with many operators awaiting news on the budget which is being discused in Cabinet yesterday afternoon. The Mibtel Index was down 99 points at 9,981, and the Mib3o
        115 words
      • Article
        Amsterdam
        229 24 -4.01 Dutch shares shed 0.85 per cent in slender business with investors citing a Eu-rope-wide drop in shares as the trigger for a mark-down in prices here back to the levels seen after last Friday's sell-off. Dealers said the market was looking overbought and was settling into a consolidation
        229 words
      • Article
        Stockholm
        110 24 -19.77 The stock market was in a decidedly downbeat mood with shares falling across the board. Gimbing debt yields at home and abroad added to the gloomy tone of the market. The OMX Index fell 19.77 points at 1 787.04. Trade volumes finished at 2.8 billion crowns. "We've been
        110 words
      • Article
        Zurich
        200 24 -35.7 Easing bond markets lead Swiss shares to a loss of around one per cent. Financials suffered some heavy blows and the sagging dollar dashed hopes for a recovery in industrials. Still, overall sentiment was seen as good. The market should pick up in the next few days, dealers
        200 words
      • Article
        Johannesburg
        340 24 +7.6 South African shares failed to break the morning session's disinterested, drifting trend and closed mixed. Dealers said they could see little reason why it should change later in the week. A dealer said a few selected blue chips had dominated trade and the listing and subsequent busy trade
        340 words
      • Article
        Toronto
        209 24 -14*7 Stocks dove early on profittaking and easing North American debt markets after surprisingly strong US economic data. The TSE 300 Composite Index fell 14.87 points to 4,505.03 on volume of 12 million shares valued at C 5174.9 million. Falls beat risers 230 to 133, with 244 issues unchanged.
        209 words
      • Article
        New York
        628 24 -19.15 Stock prices climbed off early lows in active trading early yesterday as the market struggled to overcome pressure from a sharp bond sell-off following a stronger-than-expected durable goods orders report. The Dow Jones Industrial Average, which slid 4.33 points on Tuesday, was down 19.51 to 4,746.09 at
        628 words
      • Article
        Untitled
        453 24 Sm27 Aach TFvrtc i *tim BaakAwtriaAO 442 -ro.onMk M» 4 EVN «1«J 'J UatM| *4 LatM 4J2 4 MKKKBHMVZ IM -10 QMV AO »5 -J lUll II lljW .J* VATethnok-lt IIW 0 Vrt-dAGl «M I WlMtB| 21* IJ Tic 11 Bmk 4Mm Akxu*t*M'llck*t Sep 2* USK W•uMpii Coon Brawn* I7»M
        453 words
    • Article, Illustration
      Lock icon HONGKONG
      2212 25 Bloomberg Business News HONGKONG Stocks rose to their highest levels in a week amid optimism that interest rates would fall and after the government weakened plans to make banks offer more competitive rates on deposits. The Hang Seng Index rose 67.26 points at 9,650.60. The All Ordinaries Index rose
      Bloomberg Business News; Source: Bridge Info  -  2,212 words
    • Article, Illustration
      Lock icon CHINA
      495 25 CLSA IN Hongkong, the H share index gained 7.70 points to 1,011.89 on turnover of. HKS9.6 million. Qingling Motor rose 11 per cent on US$4.9 million turnover. Bargain hunting was also seen in Hai Xing, which rose 2.4 per cent The Shanghai B market dropped 0.8 per cent on
      CLSA  -  495 words
    • Article, Illustration
      Lock icon TOKYO
      2361 25 Bloomberg Business News TOKYO Stocks surged to their highest level in a week, led by telecommunications shares, as calmer currency markets prompted investors to snap up high-tech stocks with strong earnings outlooks. The Nikkei Average rose 340.45 points, or 1.9 per cent, to 18,262.43, after falling to 17,764 in
      Bloomberg Business News; Source: Bridge Info  -  2,361 words
    • Article, Illustration
      Lock icon BANGKOK
      1454 25 Reuter BANGKOK Stocks dosed lower in moderate trade on a lack of fresh incentives compounded by unchanged US interest rates, brokers said. The SET Index dipped as low as 13.17 points just a minute before the dose but pared losses in the final seconds to finish the day 9.71
      Reuter; Source: Bridge Info  -  1,454 words
    • Article, Illustration
      Lock icon JAKARTA
      1009 25 Bloomberg Business News JAKARTA Stocks fell for a second day as investors bet Indonesian forestry companies' profits will shrink in the face of falling world prices and increasing foreign competition. The Composite Indoc fell 2.8S points to 490.21 in its biggest one day decline in over two weeks. Inti
      Bloomberg Business News; Source: Bridge Info  -  1,009 words
    • Article
      CLOB INTERNATIONAL
      2401 26 Gf Cr im Urn V«l Dot LatQaote Mr Dtr VM N* M Cap High Urn Stat Cib|iij Safe W- CM) High Low Bay* Sdfer CV P/E W MALAYSIAN STOCKS 471 IM m 5000 MSB 30c 314 -4 44 300 302 302 304 3.0 -2.9 0.2 3931 L 127
      2,401 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Trading dull with focus on lower liners
        6404 26 Bernama KUALA LUMPUR Share prices ended lower in dull and lacklustre trading with investor interest focused on second and third liners. Analysts said the absence of strong leads from the Prime Minister's speech in London and the decision by the Federal Open Market
        Bernama; Source: Bridge Info  -  6,404 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8523 27 INS Laa V«l Day LMQMi Dt. H> VH NM Cap A<g H%k Law Stae Ci a* i g Sate W- (1M Wat In Bay* Mr CN» P/E Sa3 Price 210 110 I2M Acar SOc US IN adi 234 194 190 190 191 12.9 3I4S SM M2 ail 1000 AcaaNt SM
        8,523 words
      • Article, Illustration
        Lock icon Share prices fall as investors take profit
        1767 28  -  By Paul Leo SINGAPORE Local shares ended lower on profit taking yesterday. The Straits Times Industrials Index fell 7.76 points to 2,112.50, dragged down by Cycle and Carnage, Sembawang Corp and Keppd Corp. CCL pushed the STII down 3.11 points by falling 20
        Charts by Bridge Info; Source: Bloomberg  -  1,767 words
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      221 17 NEWS VALUE reference point can only be positive on market sentiment Local broking industry has to prepare for the daywhen its relatively nigh commission rates will have to come down. fi Hli wfci ff! —write Mm nlmi *nm**(pg 1) Probable reason known, so not likely to trouble shareholders much. (thispg)
      221 words
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      768 18 BUSIJSFESS TIMES No. 1-800-741-lBB^^^^^73l-ia9B 0 I PUBLIC BANK (L) LTD 2 M Bala I nvgviiawiv rivunni KHTV ImIAaJ m HAIIm f m ■|l|t a —am m H IrVlllvfl 9lQlvv Irwllfil of DhmH 4m la iipfliir 1997 I In occordance with the provisions of the Certificates of Deposit, I notice is
      768 words
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      Page 18 Advertisements Column 2
      420 18 THE COMPANIES ACT, CAP. 50 MERUNSHPPMGft TRAOMG PTE LTD (In Liquidation) At a gmnl mealing of MERLIN SHIPPING A TRAONG PTE LTD duly convened and held on the 25th day of September, 1996 Ihe Mowing speaai reeoMwri was peaaed SPECIAL RESOLUTION That the Company ba wound up voluntarily pursuant to
      420 words
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      Page 18 Advertisements Column 3
      89 18 We provide consultancy services on offshore structures, shelf companies and incoiporatioos in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Ilong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services arc available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      89 words
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      Page 19 Advertisements Column 1
      360 19 This announcement appears as a matter of record only XIB GROUP XIAMEN INTERNATIONAL FINANCE COMPANY LIMITED (Incorporated in Hong Kong) U5D20,000,000 Floating Rate Certificates of Deposit Arrangers! Lead Managers Industrial and Commercial Bank of China \r v Singapore Branch The Development Bank of Singapore Ltd Co-Lead Managers Agricultural Bank of
      360 words
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      393 20 15-18 MAY 1996 World TVade Centre, Hall I, 2, 3 3A, Singapore Concurrent Events: MHEX'96 REHVAC'96 AIDEX9B The 2nd Asian The Ist International Refrigeration, Heating, The Ist Asian international Hardware Exposition Ventilation Air-Conditioning Exposition International Interior Design Exposition BUILDING Y™ can a P nto AsiaS ing sectors in the industry
      393 words
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      6 21 INVESTMENT BANKING. FROM A TO Li
      6 words
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      Page 21 Advertisements Column 2
      195 21 INVESTMENT UHRI ready for occupation 1 I I I ,-v I 0 0 I Cumulative growth in prime central gii t—- estimated rental iU London residential property prices -J {I March 1993 June 1995 YIELD FROM jl P Jl (DEPENDING ON APARTMENT) Source: Savills Residential Research jf/ I Landmark Building
      195 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      176 24 "The Finest Furniture Carved In Rosewood. Discover the unique charm and beauty of classic rosewood |«gg=s; 1 furniture from Singapore Handicrafts Singapore's leading w tai* ji\ fß^n/D/i, and exact proportions, wiU add a touch of elegance to any room m r 1 ii fffl I ITITI llnl 1. ___Bk Ml
      176 words
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      Page 25 Advertisements Column 1
      86 25 @/2ow passengers travelling to Hong Kong can take I 1 a load off their packs. For the earliest flight out of Singapore and the last one back from Hong Kong within the aame day, fly United Airlines. The airline that lets you make the most of your time in Hong
      86 words
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      Page 26 Advertisements Column 1
      66 26 Mondial Takes a Shine to Ngee Ann City 7o add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial Now at Ngee Ann City. For aU your internationally certified G.I A, H.R.D and 1.G.1 diamonds, emeralds and other gemstones. NEW SHOWROOM: Momdud Ngee Am* City *Cl-16 lakMsinmay*
      66 words
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      158 28 BP^^■ 4 &40l*v8 £*> JBfc?Ps .1?-' A A i|By >*&».*s«* gj Br 'SEJE& V V^*JmkE jttfc SE? |P3j -v"4 Jis! *-3£ |l« h B I SSg psj»l t* |fijra *;i^-" v --'dk 4 <SV £v pi *y$ .*'*■>%- Wt SgKBl gJj Bg|®§gßg ~-^jjfcife siPfOj m r -< .>> S|s|ap~| <■■.
      158 words
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      15 28 —"fHH ffl»N Mm MM S7/M/1IM 3 i jm a l Inr r» r« mkMrILnMi MM)
      15 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      541 29 Knight-Ridder Reuter MARGINALLY weaker rates in the Atlantic for early positions caused another minor fall in the Baltic Freight Index, down 5 points to 1,966. However, Biffex futures firmed with October up 19 to 1,990 in moderate trade. Referring to the easier BFI, one broker said: "A steady
      Knight-Ridder; Reuter  -  541 words
    • Article, Illustration
      Lock icon Estonia disaster: debate rages on one year after
      278 29 AFP STOCKHOLM A year after the car ferry Estonia went down without warning in the Baltic with the death of 852 passengers and crew, a legal and technical battle is still raging over who was responsible. Only 137 people survived when the
      AFP  -  278 words
    • Article
      MARITIME STOCKS
      323 29 SES 'OOP Sep 27 S$ Vol CWT Distribution 1.50 unch 168 Chuan Hup Holdings 1.31 -0.02 123 Cosco Investment 2.09 +0.10 258 Far East Levingston 6.25 +0.20 279 Freight Links Express 0.74 -0.025 176 GB Holdings Ltd 1.13 -0.04 305 Hai Sun Hup Group 0.965 -0.005 195 Hitachi
      323 words
    • Article
      US firm Yellow Freight starts service with 3 Asian partners
      373 29  -  By: Alec Almazan SINGAPORE American transport company Yellow Freight System is launching a new ocean service next month with one partner each from Singapore, Hongkong and Bangkok. The new service is a less-than-container-load (LCL) service from the US to the
      373 words
    • Article
      Sunday services still slow at Japan ports
      385 29  -  Fron Bruce Rutledge in TOKYO SINCE June 11, Japan's largest ports have offered Sunday stevedore services something they never did in the past. However, statistics released by the International Association of Ports and Harbours show that IS Sundays after the agreement, only 66
      385 words
    • Article
      Don't accept disasters as inevitable, says IMO sec-gen
      246 29 SINGAPORE The maritime industry has been urged to change its attitude of passively accepting disasters as inevitable. In his speech made yesterday to observe World Maritime Day, International Maritime Organisation (IMO) secretary-general William A O'Neil stressed that accidents could and should be
      246 words
    • Article
      Lock icon 1m containers in first 8 months for Shanghai
      101 29 Bloomberg Business News HONGKONG Shanghai's ports handled more than one million 20-foot equivalent units of containers in the first eight months of this year, representing a 25 per cent growth over last year, the Chinese-lan-guage Ming Pao Daily News reported. Shanghai handled
      Bloomberg Business News  -  101 words
    • Article
      More cargoship, handymax orders, and more good news for S-E Asian yards
      1010 29  -  mmmm A fortnighHy review of newbuilding orders *y David Hughes OCCASIONALLY, when newbuilding orders are placed, the news is shouted from the rooftops. But many shipowners are not by nature publicity-seeking and sometimes it is months before the
      1,010 words
    • Article
      Lock icon Oil spill off S Korea spreading
      206 29 Reuter SEOUL An oil spill from a tanker that sank off the south coast of South Korea last week spread yesterday, intensifying damage to fish and shellfish farms. "The spill of bunker-C oil from the Yuil No 1 is continuing, despite our efforts to
      Reuter  -  206 words
    • Article
      Lock icon Drunk captain steers ship onto rocks; oil slick forms
      105 29 Knight-Ridder MOSCOW An oil slick was threatening Russia's Pacific coastline after a drunk captain fell asleep and steered his ship into rocks in the Okhotsk sea, Itar-Tass news agency said citing a newspaper report. The newspaper said the captain slumped over
      Knight-Ridder  -  105 words
    • Article, Illustration
      Japan's ports to rehaul services
      1252 30  -  Cargo traffic is growing and so is competition from neighbouring countries, Bruce Rutledge reports Bruce Rutledge VEN AS the Great H Hanshin Earth- quake, apprecia- "H j tion of the yen and testy labour rela- tjor>s are causing headaches for vMII authorities this year, offiJ'Cials
      1,252 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      334 30 Pa«e ANL 3 Able 7 Accord 10 Ahlers 6 Ahrcnkiel 4 Appenship 4 Astro 10 Austral 11 Avmnt 6 BSA 11 Batamindo 7 B'tang Mas 10 Bright Express 6 CCNI 4 CMA 11 COSCO 7 CSAV 3 Centenary 7 Central Ex 11 Chahaya
      334 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      9354 36 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed bv the ETA at the destination. The page number refers to the location of the schedule advertisement sn en Mi«Mar vnni *w pi En En m*mhw «mm
      9,354 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        745 41 Hwl Voy No Bftti Arrival D<paiturt JarMf Nrt (BrTsSitM Laut 09/02 J1 akxigs.de 28.09/0700 (BO Catvaya Muda 2 2/95 J1 alongside 28 09/0900 CBT) Indosa Satu 10/95 J1 alongside 28 09/0030 (BT1 Saudara Jaya 1/95 J1 alongside 28.09/1500 (BT) Suriab I 4/95 J1 alongside 28 09/D700 Aitongmang
        745 words
      • Article
        CONTAINER SCHEDULES
        1779 41 RECEIVING OF EXPORT PCL CONTAINERS AND LCL CARGO Record Boofcing/Balanca Rata Ship Voy No Etfa/Btr Portod From To From Ac* Jade 257B 28/1700 1A 27/1500 27/1659 27/1900 IB 27/1500 27/1659 27/1900 Ac* Uy 067B 29/2359 1A 27/1500 27/1659 27/1900 IB 27/1500 27/1659 27/1900 26 27/1700 28/0659 28/0900 J
        1,779 words
      • Article
        GLOBAL HOLIDAYS
        214 41 SEP 28 Australia: State holiday in Victoria, Melbourne Show. Taiwan: Teacher's Day. SEP 30 Botswana: Independence Day. OCT 1 Botswana: Public holiday. China: National Day (to OCT 3). Cyprus: Independence Day. Nigeria: National Day. OCT 2 Australia: State holiday in NSW/ACT (Labour Day), South Australia (Labour Dav) and
        214 words
    • Air & Land Transport News
      • Article
        3 Japanese giants dominate commercial makes in S'pore
        400 42  -  By Christopher Tan SINGAPORE MercedesBenz may rule the passenger cfcr market in Singapore, but in tto commercial vehicle market, Toyota, Mitsubishi and Nissan are the more popular makes. The three cornered close to 7-5 per cent of sales in the first haif,
        400 words
      • Article, Illustration
        Lock icon Japan Railway shows off new train
        60 42 AFP YAMANASHI, Japan The Central Japan Railway unveils a prototype train which uses a monorail with a magnetic force to lift the train above the track while in motion at Japan Railway's test site in Yamaaashi prefecture, some 100 km west of Tokyo. The
        AFP  -  60 words
      • Article
        Lock icon Ford wants to expand distribution in Japan
        231 42 Bloomberg Business News DEARBORN, Michigan Ford Motor Co said it wants to expand its distribution agreement with one of Japan's largest car dealers, a company spokesman said. Ford has talked with Toyota dealer Chiba Toyopet about renovating its 50 showrooms in Japan to
        Bloomberg Business News  -  231 words
      • Article
        Lock icon Japan's vehicle exports drop
        180 42 Reuter TOKYO Japan's vehicle exports in August fell 20.3 per cent from a year earlier to 259,176 vehicles, the Japan Automobile Manufacturers' Association (Jama) said yesterday. Year-on-year, Japan's vehicle shipments were down for an eighth straight month. Those to the US marked a four-month run of
        Reuter  -  180 words
      • Article
        Lock icon Mercedes' Brazilian workers strike
        247 42 AP SAO PAULO, Brazil Merced es-Benz's Brazilian subsidiary on Tuesday said its assembly lines have come to a complete standstill as thousands of workers went on strike to protest against the layoff of 10 per cent of the company's work force. On Monday, the company laid
        AP  -  247 words
      • Article
        Australia, Macau sign air rights pact
        293 42  -  Fran Florence Chong in SYDNEY AUSTRALIA and Macau have entered into an air rights agreement which will allow Qantas and Ansett to use Macau as a connection point to Europe. A feature of the agreement, initialled yesterday, would allow both Ansett and Qantas the
        293 words
      • Article
        Lock icon Moscow airports need US$1.5b for upgrading
        221 42 Reuter MOSCOW Russia has carmarked 500 billion roubles (S$ 157.3 million) to modernise four Moscow airports, but an official said on Tuesday the airports would need US$l.5 billion to meet international standards. "Russian airports really need US$l.5 billion to carry out all the repairs
        Reuter  -  221 words
      • Article
        Boeing's cargo 747 freighter schedule
        121 42 SINGAPORE Boeing has handed over the last commercial cargo 747-400 freighter schedule for delivery for this year. Four have been delivered to Singapore Airlines, Asiana Airlines and Cathay Pacific Airways. Earlier this month, it delivered the last aircraft to Luxembourg-based Cargolux Airlines International, which now
        121 words
      • Article
        Lock icon BA to boost security at Heathrow
        107 42 Reuter LONDON British Airways plans to upgrade its security facilities at London Heathrow Airport "at substantial cost", its cargo managing director Kevin Hatton has said. He added that this follows, among other incidents, two recent major computer part thefts at the airport's cargo zone
        Reuter  -  107 words
      • Article
        Lock icon UA wants JAL's request turned down
        99 42 Reuter WASHINGTON United Airlines said on Tuesday it was asking the Department of Transportation to deny a request by Japan Airlines to expand its service to Hawaii. Stuart Oran, United Airlines executive vice-president and general counsel, said United was making the request because of
        Reuter  -  99 words
      • Article
        Lock icon No accord in Taiwan-Macau air talks
        113 42 Reuter TAIPEI Taiwan's Civil Aeronautics Administration (CAA) and representatives of local airlines failed to reach an agreement in talks with Macau on establishing direct air links, a CAA official said. "We held talks with our Macau counterparts early this week in Macau, but we
        Reuter  -  113 words
      • Article
        Lock icon Man tried to smuggle 64 live animate
        136 42 AFP CAIRO Security men at Cairo airport caught a Russian trying to smuggle out 64 live animals, including two crocodiles and 17 chameleons, in his suitcases, airport officials said yesterday. Officials became suspicious of the unnamed Russian, who was headed for Belgrade, when
        AFP  -  136 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1416 42 AIRCRAFT ARRIVALS DEPARTURES Mi MM QA895 0060 MM6 UK •M78 U» tfM-fi U08 y*77 1 Sli gM wa Si ***** 2224Z o»» so 286 2040 SO 288 2045 IMBwm BM21 1106 9Q182 OBIS SQ181 1410 B.4 22 1210 B.429 2030 ***** 2130 MZ906 1160 MZ907 1360 T I" 1010 KE631
        1,416 words
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      923 30 aBHESi W n/m n/m iya H/n wm w/m Tt/m "It/m h/m" wm b/m I*°?*" W W l *7 n wn H mmii 2? "'S/? H !5S5®~ *Jm "m/m" «mm»i m m/n m/n n/n n/n nm n/n n/n n/n n/n n/n n/n I* 01 Bfaffl p I*/"! W" *g I»/"I "fli
      923 words
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      Page 30 Advertisements Column 2
      196 30 I IttAA J B- unes ana Hrrictl rtpfMMIM by /Qfllßa Member* ef the ReaMry ef Accredfrd Skipping Agents, Singapore Nattonei vNSJJj onippwig MSodnuOii* v y for advertising enquiries, contact Shipping Times. Tel 740-2069 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday BOsmessEmg A
      196 words
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      1324 31 HQfK SOUTH WIST EXPRKS (DIRfCT) jvpsa voy \jmm shop iax low 1 cm a* I ft I hou |nk I wot minotoi ww m_ wmjum n/i# i;/m iyw w/m h/m m/i* ii/ii h/t w/w i»*mic»g ~m~ os/r gg ~n7ii~ m/i> ~»7ii~ s/n "w7iT */n "y7HT si/n l«7fr MIKAJOtWM 4IA It/If
      1,324 words
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      Page 31 Advertisements Column 2
      1510 31 (g) HANJIN SHIPPING USA CANADA l—wwi w m mtam. ~g* Iwlwl wt m Imi w ik |mcl qi am ~m m ra m tw~ h—ommm >i/w —g n/w li/u 21/11 »/w «/»> ww «/w n/n n/w n/u 21/14 n/u m/i> ww "n/11 n/wT" m—mwom nw wo ww w/w ww »/w
      1,510 words
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      Page 31 Advertisements Column 3
      76 31 [<► SANKYU (S) PTE LTD 1 11 CLEMENTI LOOP, SINGAPORE 0512 if TEL: *****41 FAX: *****11 '-A CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE 0207 1i TOKYO ETA DATE 1.10.96 YOKOHAMA ETA DATE 1.10.96 ~]T KOBE ETA DATE 1.10.96 HONG KONQ ETA DATE 1.10.96 A 4.10.96«{ I CHINA: ETA DATE
      76 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      771 32 r m B V 888 W m r H v IB W I |H IHB v A r <^^^^^^BWPPH*^W^Bßf^HWlW?ff!KPyill f Iyl3|Kl3 a yi|l 3Sti]ilß'liTAilt]llßßlillmi^B B^^BBBfeniHBifeWIBHHAMBHHMMiiBHaiHAfIAMiiaHaH^BB^ [l J WSH m HM rw UT UM SUM MBMS IMS UO IYO SN BK IMS I f 'im—toiiLi ~0475T ~CT~ w in ~r~ in
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      Page 32 Advertisements Column 2
      1215 32 I NORASIA I VESSEL VOV SM ALO LAS BCL VAL MAM SMS ROT ANT FEL LHA MMAMAMMMJAH KM Ml 17/ M WW WN 2VM JVM W\% WW Wl SVN W* a. motivator naw m/m wa ww wii ant m wit ww n/i» jvh owi KAMmAITVf MBW IVN SVM SfN Mil
      1,215 words
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      Page 32 Advertisements Column 3
      517 32 JAPAN/HONOKONa/STIMfTS REOULAA MERVtCI LOADING FOR PORT KLANO/PENANO EM& Iwri mm i p.—— i m Ira EYWAOKtt J M M MPT u mmJMPKWC MPT a» iabtemomno »tg ~"gocTmtm«lit 1 "mpct" wacf WOCT WOCT MBi J WOCT MQCT WOCT 81 J WOCT MOCT WOCT 110CT CHUN KUAN 1« II OCT 5 OCT
      517 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1218 33 SHIPPING PTE LTD mggß Mf 11 Mm CMmi Rood #11-01 Kop»ol Tnran Slupfi HM Trt: *****11 Fix: *****7 OUIWA PftCMfc LW« KtSfip (A SERVICE OF CHMA NAVIGATION CO) CMWO DUE SM. bar" jKK2S» as StiV SSS SS SS «!yT«HOK WSIIE Man.KK.IM MM MM MM MSBWg ffOBE *****25.— mm »HM HOM
      1,218 words
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      Page 33 Advertisements Column 2
      1533 33 IHik P&O Containers r* L* Jr *TV IB^B 10 Hoc CMaag Rood, *07-01 Keppel Towers, Siacapore 0208 First Class Connections WORLDWIDE T b 225 2233 Te, RS ***** pnocsp f«c ms $327/222 7517 CR Number *****9 *****Z MKJNKEBO MAERSK 96V0 2*09 Sw 509 f 0 fSIO I*lo 2*lo S?S*»I MY
      1,533 words
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      Page 33 Advertisements Column 3
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      268 words
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      Page 33 Advertisements Column 4
      54 33 lINUM SHIPPING PTE. LTEfc! 133, Nm* Brtdg* (load, NM( CMnatown Wot* PK 53M004 Iktac R8 ***** MMM mini iiWMsavigTDttsr/wgygi »inp>i| (wWmn mi (mmtmd (rnpt yntp yrtt mem cay KUO4H6 MUMC I/CUM- NftNMH t\/K HOO V/M NMI HOO IVIO 91 Wi »%VW «5/W -»/>•-• SUTU IWi M MM HMENU l»*s a/W
      54 words
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      Page 34 Advertisements Column 1
      912 34 UP MM MM NM TOP UW UWIMPMMMMNMML SOP I c.MN»mMi7 m an* ivm tun unt tun impthim-ooi 11* im im im im vii ivm E.MKMINMM 7/M 17/ M IVM IVM M/M 1/11 IM IM M m Wl 17/ M IKWMMHIi IVM Vll 4/11 1/11 7/11 VII I.OLOMM-001 M IM 1719
      912 words
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      Page 34 Advertisements Column 2
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      529 words
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      Page 34 Advertisements Column 3
      380 34 ISM 22^ i wNftSnSSooSr* 1 MMM■ ACCEPTING FCL AND CONVENTIOHAL Wmml Way IT* Laadbittor Mont Mi. Dflboufl MMA i >Wi i AOyOt 4 iWIJ ZUriU i i NrtMWl 40WB 07/11 FULLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH FCL/LCL ALSO BO«OC <MM <ny Bp— Ir.LH I—f JHi |CTW awaraa ww tint
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      Page 35 Advertisements Column 1
      1829 35 !iUCEPTMCAROi n VMM, OBCSM MB CONSTAMTZA VIA UMMQL PTE LTD gSfflfcgffi I MMM DM f 17-M !>to<WW COtMlf CMMKIMII (MHH M JMMM! MPN mSStiSmr" c»*» ummmm ru mtm imtMH* momi'h <Nfw UfSZwim ggflFfgg JOMMOffKt fu TTU2IS ft tHIM4 ItrWatNNIM I COtTM ASMCItt (HI UH MO. tsi n-Mmmnn fu: ir utun
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      Page 35 Advertisements Column 2
      546 35 (ft FAMOUS CONTAINER LINES! 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 y HOT LINE: *****33 (30 LIMES) j OOUMBp) BEST RATES OFFERED CALL US NOW 2241 8 3 3 MAHESH BABY LEE j>KLANQPH: 0203/*****02 (10 UNES) PENANQ PH: 0204/*****7 (10 UNES) J. BAHRU PH: 0207-*****22 Ifmiaitp—n ~7t» in m mow ■Bmam
      546 words
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      Page 38 Advertisements Column 1
      1099 38 g» voy sih jkt [vessel vov bin kn .MP QOOO EASY* 158 W I«"» Tu. 08/10 QURU BHUM 8146 "js~|lsw" Tu. I oano" AKA BHUM ~"£Ss taT" 3M»~ THANA BHUM 13SN Mon 02/10 WMd 04/10 YAHTRABHUM 104N Thu IH FT Sun ZETZmm, TST IZZT -JS" ST GURU BHUM iw iST
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      Page 38 Advertisements Column 2
      762 38 79 ANSON ROAD, §21-01, SINGAPORE 0207 OR **********0N PORT KLANQ PEHANQ wt i m na vena wr m ra 004N 2MB THU 2908 FBI DRAGON WAS 56N 3006 SAT 02/10 MOW EAGLE MOON 103 A 2MB THU 3009 SAT XOUR TIWGGI ***** 01/10 SUN 03/10 TUE XOUBTINGGI ***** 2909FR1 01/10
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      Page 39 Advertisements Column 1
      558 39 i BSA it MYANMA wBBk FIVE STAR UNE T mymmm M Um) Intel foe YaafM (Ion|ooo) VBSa VOT SRI PRO POI P9R MM iw a» PA9AR 223W HPT ■AIATSIA A4BKV BO9HIAR fltfVM ABBKRS RRL IE 0143-*****00 PRk IS M43-37M111 m m 11-04-Hll4Ol P49s TH OM7-M*****/4 BANK UNE (A sinko ol
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      Page 39 Advertisements Column 2
      764 39 ADVANCE CONTAINER LINES (PTE) LTD -Ar* I 140 OtcM 9trMt, #12-00, PH. BuNcflng, Singapore 0109 "M L« TEL: *****21, FAX: *****10, TELEX :R8 ***** ACLPL —CR NO. **********0E r ■fthwriwt luuiu I^4..}■«,>. 18*1 I wwr m M g_ E! Jfr WW JBML MX-im. WH M m h nomommta mam to
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      Page 39 Advertisements Column 3
      772 39 ICR NO *****6600QQZ vtaae-s voy mn leha*« hamburo i tiumwijht wottewoam I aniwiij I VIXE DC NORMA NIIW o*lo MHO 2*W 27/10 MftO 3*W VIS DC CAW—k CIIW WW >1/10 01/11 o*ll 04/11 oyil t MLLE OE BAOfTTA 811W 17/10 07/11 o*ll I*ll 11/11 I*ll Aim _wio 14/11 I*ll 17/11
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      Page 40 Advertisements Column 1
      470 40 A PI AFGHANISTAN MAM Afghanistan Ltd., HAJH Hairatan, Torghundi, Islamqaia (Doqharvn) C.1.5./RUSSIA: Alma Ata Ashkhabad, Baku, Dushanbe, I >MMi||.| it ifcmrh Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, fan Novosobrsk, Sochi. Tashkent, Tbilisi, Vladivostok, Vostochny mioiiidDonai rorwaraers Mongolia: Utaan Bator N Korea: Pyongyang, Nampo VOY SIN REU DUR LDA PNR LBV DLA
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      Page 40 Advertisements Column 2
      575 40 Ssuw£fSs*77 JKISSbmiiM" SwDummwaS* GEWOA/EUROPE I PEN PK SIN «L SA GlKiCliim/S'MiMMo 2MB ***** 30T9 252 SK IMIWmUMmM 2MB 2«B 2MB 24/09 25/09 26/09 G«io«/Baftaiom/Marttilto 01/10 03/10 04/10 27/09 28/09 29/09 HKCfIKMCEEfICHH PfraMS 02/10 03/10 04/10 BECCIVW6TE JPi/KORFA/MANILA 22/09 23/09 24/09 SHANGHMAMUAN XIAMEN/B&MIG MmHa/Caba 27A» 28/09 29/09 TokyMha/Yoto 29/09 30/09 01/10
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      Page 40 Advertisements Column 3
      319 40 111 MFL SHIPPING (INTL) SSSff PTE LTD SUBSIDIARY OF HAJ SUN HUP GROUP. FCULCL CONSOLIDATION SERVICES HOT LINES; ********** i E *«gTW6a>cocroaMfmsiro«Ts/ SYMKY/mionme Vissa VOY ETA (SIN) WOCTWBIE VOO4S OM ICUOIAI 004S 12/10 Ivpsa VQY yiiaihum im oi/io mmm yisos gjj vtssa voy nTsSl^t GUtUIHUM ***** 05/10 V 6UWIHUM *****
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      202 41 n NIPPON EXPRESS (Worldwido Consolidation System) FIXED WEEKLY DEPARTURE ARRIVAL TO: Arrow U.SJK. ■nvmnvrn- m»urai ■MMfMiU EVBY MOMMY WmiSmJM' EUIOMKACM cvanr Thursday eucmcmo EVBtY TUESDAY Arrow Europe (17 DAYS TRANSIT ONLY) ■nVRRnni no stork ■lilfelHkiMH iYHTY SATURDAY ETA FHiXSTOW! EVERY TUESDAY ■RRTfKfISH ETD STORE ■ikiliiiyUMH EVERY THURSDAY fUROTTBDAM EVERY SUNDAY
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      Page 41 Advertisements Column 2
      149 41 GOLDEN UNE > ISVTSiI GUM GIMN SMPPMG WGO\ (PTE) LTD yNX> 23, *tak v« Skwt SMQAFONE 0104 f w IBj 834 MM (10 LfCS) fmc *****04 wiwt/»—fi«i mm tn*i« S"pore PXelng Pwwnf OOUMIMARK*acMM*«UMft OBAOOd QOUXN SIM K«actvOub**UMt 22/23 Oct CMIMA «MVIgl OOUBtMMMt Stangha 1002 Oct MMDHuavm/Statfta 16/18 Oct A VEMB.
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      122 41 •r REGIONAL WEATHER 11 11 LiGENO ST™ direction with ipMd in knot* VSidrSkr wovh*ght I I Wfoc* «Mi or* Mfcotad by arrows wtiidi fly wtrti rtw wind On* ful drd* r*pr***nts eotm or Ight and variatot* wind* On* half fl*ch* r*pr*s*nts 5 knots I i I—► On* ful tt*ch* r«pr«Mntt
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      44 42 NEW FUNNELS (S) PTE LTD Wm arm moving With effect from 30 September 1995, our new office will be at: No. 76 Joo Koon Circle Singapore *****6 NEW FUNNEI^smMTD^^ New Tel No: 862 9921 New Fax No: 861 7628 Telex No RS ***** FUNNEL
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      Page 42 Advertisements Column 2
      70 42 1) M.V. "GLORIA ACE" VOY. *3 ARID 22ND SEPTEMBER IMS 2) M.V. "ADVENTURE QUEEN" VOY. 9 ARRD 22ND SEPTEMBER IMS Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 29th September 1995 0900-1200 hours at PT2 and PT6.
      70 words