The Business Times, 18 October 1995

Total Pages: 52
1 52 The Business Times
  • 12 1 BUSINESS TIMES MITA(P) 194/12/94 Wednesday October 18 1995 85* WE KNOW ASIA
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  • 51 1 Reuter NEW YORK Blue-chip stocks were down yesterday amid earnings reports that included disappointing results from IBM. At 2 pm EDT, the Dow Jones Industrial Average was off 5.78 points at 4,781.86. In the broader market, declining issues led advances 11-8. Volume was 199 million shares.
    Reuter  -  51 words
  • 148 1 Tuesday Chuge STII 2,099.38 -12.42 KLSEComp 945.86 -11.51 Nikkei 17,916.60 -99.84 Hang Seng 10,032.93 >23.65 SET Index 1,309.91 -7.13 Jakarta Comp 498.85 +2.84 Manila Comp 2,638.82 -*-2.56 Taipei WP1 5,081.0 +42.02 SeoulComp 1,005.78 -1.7 Bombay BSE30 ...3,580.76 -1.21 CLSA China B 815.52 -1.50 Aust AllOrd 2,108.5 -1.5 FTSE 100 3,562.2
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  • 804 1  -  bi Catherine 0ng SINGAPORE Senior executives of the Barings group are almost certain to face criminal prosecution in Singapore following the report by govern-ment-appointed inspectors which claimed the bank could have been saved had these executives not actively covered up a fraudulent
    804 words
  • 299 1  -  By Conrad Raj SINGAPORE The Singapore International Monetary Exchange (Simex) has implemented new risk analysis measures following the recommendations of an American consultant engaged in the wake of the Barings debacle earlier this year. Simex said yesterday after the release of the
    299 words
  • 197 1  -  By Paul Leo SINGAPORE Dutch-based ING group, which took over Barings pic this year, will begin trading financial futures on the Singapore International Monetary Exchange (Simex) soon. A Simex circular informed its members that ING Futures Options (Singapore) Pte Ltd (IFO)
    197 words
  • 489 1  -  From I Ho Kay Tat Ruth Wong in KUALA LUMPUR BANK Negara yesterday jacked up interest rates by some 20 basis points, just after slashing loan quantums for investment properties and cars with effect from yesterday. Although the stock market, in particular
    489 words
  • 396 1  -  Fran Neil Behrmann in LONDON THE Serious Fraud Office (SFO) will review Price Waterhouse's report on the Barings collapse to see whether there is fresh evidence that would warrant prosecution of Londonbased Barings staff. "So far we have not uncovered fraudulent
    396 words
  • Page 1 Advertisements
    • 284 1 ffIBRUNO MAGLI CENTREPOINT *01-30, TEL: 737 4509 BT Online Look as up at http:// www.asial.com.sg/biztimes y -M WL., Read any good Singapore thriller lately? Try this $61.80 Price Waterhouse report. SeePg4 Photo by Chris Loh takm Regional 28 Focus 16,18 World 28 Edtorial 19 Currencies 26 TXAJestyte 9 Simex 27
      284 words
    • 8 1 Focus: Pg 16 The big spending S*pore tourists
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    • 12 1 Hock Lock Siew: p g 21 What TAC listing says about SES
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    • 136 1 I ''cX MADE N ITALY M AT #01 -25 Paragon by Sogo The Bottom Line: Pg2o Global village MORE REPORTS, Pg 4 Auditors' finding could have saved bank The evidence of Norris and Bax Highlights and extracts from the report Incredible? Not if yon have the Canon Family Copier at
      136 words

  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 295 2  -  By Michelle Low BACKED by more public sector contracts, the construction sector should see 6.5-7.5 per cent growth this year, says DBS Bank in its latest investment digest. State housing apart, a steady stream of contracts should come from other public projects underway such
        Source: DBS Bank Investment Digest  -  295 words
    • 512 2  -  Business Headquarters awards By Chuang Peck Ming FAST-growing delicatessen chain Delifrance, which was presented with the Business Headquarters (BHQ) award yesterday, plans to seek a listing on the Stock Exchange of Singapore next year. With the BHQ status, which provides tax breaks for regionalisation,
      Photo by Chris Loh  -  512 words
    • 267 2  -  By Christopher Tan BMW sales in Asia have soared from 20,000 units in 1985 to more than 53,000 last year a growth of more than 2.5 times in nine years, the head of the carmaker's regional office said yesterday. But BMW Asia managing director Kay
      267 words
    • 446 2  -  Status-winner praises S'pore business environment By Kevin Sullivan SWISS diversifled chemicals giant Ciba-Geigy is set to capitalise on a US$lO billion (5514.2 billion) market in pharmaceutical products whose patents will expire in the next few years, a member of Ciba's executive committee, Jacques Barman,
      446 words
    • 234 2 FRENCH Secretary of State for Foreign Trade Christine Chauvet wound up a three-day visit to Singapore yesterday with a call for greater French participation in Asian infrastructure projects and more aggressive marketing of French consumer products in the region. "We would like to
      234 words
    • 333 2  -  By David Mok THE 8,200-odd people working for American disk drive maker Conner Peripherals in Asia will have to wait till next February before their new boss, Seagate Technology, decides on the shape the regional operations will take. But indications are
      333 words
    • 190 2 THE National Trades Union Congress (NTUC) made an operating surplus of $4.7 million in the financial year ended March 31, an increase of 5.3 per cent from the year before. Honorarium from the NTUC Income Development Organisation rose by $532,400 to
      190 words
    • 319 3  -  By Michelle Low SAFE Enterprise, the travel and leisure arm of the Singapore Technologies Industrial Corporation, intends to venture further into resort development once its Bintan project takes off. SAFE Enterprise general manager Shih Chih Chung yesterday said that SAFE was "in no
      319 words
    • 228 3 INDICATING the continuing strength of industrial property, an entire floor of strata-titled freehold space in Delta House recently fetched $624.67 per sq ft a jump on the $605 psf fetched in the same building in April. Marketing agent Richard Ellis said yesterday that
      228 words
    • 268 3 SHOPPING mall Millenia Walk defied the current retail and complaints of a space glut by announcing yesterday it has now leased 75 per cent of its space, a surge from 60 per cent in May. Of the remaining 25 per
      268 words
    • 389 3  -  By Paul Leo BANKERS Trust director Ho Tian Yee has resigned, although he will remain as an adviser or consultant, sources said yesterday. Mr Ho, who is deputy chairman of the Singapore International Monetary Exchange (Simex) and who is considered
      389 words
    • 395 3  -  By Shiv Taneja INTERNATIONAL rating agency Standard Poor's will establish an office in Singapore in the next few months, around a year after its arch-rival Moody's set up shop last November. The Singapore office will be the centre for S&P's business development
      395 words
    • 130 3 GOH Liang Kwang, chief of staff of the Singapore Police Force, will succeed Colonel (NS) Ho Meng Kit as chief executive officer of the Singapore Broadcasting Authority with effect from today. Col Ho relinquished his appointment on Monday. Mr Goh, 42, holds a
      130 words
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  • Page 3 Advertisements
    • 269 3 Discover how greenery, landscaping AND A PLEASANT WORK ENVIRONMENT CAN BOOST YOUR PRODUCTIVITY. I All too often the only concern of a technology park is technology. At Alexandra Technopark, we have combined the needs of technology with concern for the human work environment. That means landscaping and green spaces. In
      269 words

  • BARINGS: THE SINGAPORE REPORT
    • 585 4  -  Inspectors' report alludes that top management failed to act on discrepancy, Conrad Raj reports Conrad Raj SINGAPORE If there was any single incident that could have saved Barings from its collapse, it would perhaps be the discovery in January this year of a 7.8
      585 words
    • 147 4 SINGAPORE Forget potboilers and unauthorised biographies. It looks like this week's "must-read" is a Price Waterhouse report on the Baring Futures investigation. Priced at $6LB£ the report details Price Waterhouse's findings following its appointment by the Minister of Finance as Barings inspectors in
      Photo by Chris Loh  -  147 words
    • 990 4 £THE evidence which emerges suggests that: (i) Mr Norris knew about the SLK Receivable on or about Jan 30 or 31, 1995; (ii) Mr Norris had conversations with Mr Broadhurst, Mr Sacranie and Mr Bax between Jan 30, 1995, and Feb 1, 1995; (iii) Mr Norris had
      990 words
    • 513 4 SIMEX does not have the w responsibility of managing the affairs of BFS or any of its clearing members. Simex is an exchange on which clearing members may transact trades. Nevertheless, within that context, Simex may have the opportunity to identify signals that suggest irregularity
      513 words
    • 303 4 SINGAPORE One of the few surprises in the Singapore inspectors' report is the revelation of the seizure by the Bank of England's Board of Bank Supervision of transcripts of interviews conducted by the inspectors in the UK. This happened after the inspectors had in
      303 words
    • 1568 4 £WE DO NOT accept Mr version of the facts for the reasons outlined above. It follows from this that Mr Norris had been untruthful. He knew of the problem, certainly by late January, and was at the centre of an effort to: (i) downplay the significance of
      1,568 words
    • 525 4 6 Mr Bax's evidence on the SLK transaction contrasted with his evidence on most other issues. Whereas he otherwise was able to recall facts with clarity, in relation to the SLK Receivable, his entire evidence when called upon to recreate the events in detail, was
      525 words

  • SOUTH-EAST ASIA
    • 501 5  -  Fran Al Labita in MANILA A 244-HECTARE "corporate city," partly designed by a Singaporean firm, will rise from a Metro Manila district over the next five years, property tycoon Andrew Gotianun announced last night. The "corporate city" will be the Philippines'
      501 words
    • 243 5 AFP BANGKOK Thailand's cabinet yesterday approved the privatisation of Bangchak Petroleum Co Ltd to give the majority state-owned company more flexibility in its management, an official said. Thirty-one per cent of the company would be floated at an unspecified date, dropping the government holding
      AFP  -  243 words
    • 257 5 Bernama KUCHING Total intra-re-gional trade within Asean increased by nearly 43 per cent to US$lll.l billion (S$lSB billion) in 1994 from U5577.7 billion the previous year. The figures were based on data submitted by member countries at the seventh meeting of the Asean Free Trade
      Bernama  -  257 words
    • 341 5 Reuter JAKARTA Indonesian army general chief of staff Socyono has named three leading dissidents as the key figures behind groups said to be a national security threat, newspaper reports said yesterday. The threat of the so-called formless organisations, first raised by President
      Reuter  -  341 words
    • 49 5 Reuter JAKARTA Indonesia and Malaysia have formed a working committee to curb the smuggling of timber from Indonesia to its neighbour, the official Antara news agency said. Antara quoted Forestry Minister Djamaludin Suryohadikusumo as saying members would meet regularly and exchange information. Reuter
      Reuter  -  49 words
    • 58 5 Reuter SHAH ALAM Contract worker Ran imuihu sweeping the ground around the Russian Lunar Rover, one of 16 life size spacecraft showcased at the Sumur City Aerospace Adventure in Shah Alain, Malaysia yesterday. The exhibition is the first outside Russia of such an array of
      Reuter  -  58 words
    • 97 5 AFP BANGKOK Prime Minister Banharn Silpa-archa has asked the Thai central bank to investigate interest rate margins earned by commercial banks after receiving complaints from mull retail investors. Speaking to reporters after a cabinet meeting yesterday, Mr Banharn said the Bank of Thailand (BOT)
      AFP  -  97 words
    • 310 5 Reuter DILI, Indonesia A senior adviser to President Suharto has held talks with East Timorese leaders in what residents yesterday said was the first such initiative in years to explore solutions to the territory's woes. Participants said Sudomo, head of the President's Supreme
      Reuter  -  310 words
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  • CHINA/HONGKONG/TAIWAN
    • 532 6 But Washington stands firm on terms for China's membership Reuter AFP BEIJING China attacked the United States yesterday as the main obstacle to its entry to the World Trade Organisation (WTO), but Washington showed no signs of backing down from its terms for
      Reuter; AFP  -  532 words
    • 378 6 UPI BEIJING China's central bank said yesterday it will keep a tight grip on the money supply for the rest of the year in its drive to curb inflation. The People's Bank of China said it would continue to
      UPI  -  378 words
    • 187 6 Bloomberg Business News HONGKONG Andrew Wong Wang Fat, the newlyelected president of Hongkong's Legislative Council (Legco), believes party politics isn't the way to win votes in a city that remembers China's bloody civil war of the 1920*5. "The peculiar history of China
      Bloomberg Business News  -  187 words
    • 134 6 Reuter BEIJING A top Chinese security official has called for better law and order to combat serious crime and said local officials would be held responsible if there were failures. Law and order in China was basically stable thanks to measures taken
      Reuter  -  134 words
    • 99 6 Reuter TAIPEI Taiwan's defence ministry has drafted regulations which aim to make transparent the island's exports of military-re-lated products, the mass-circulation United Daily News reported yesterday. Under the new guidelines, export orders of NTSSO million (552.6 million) or above and deals that may have
      Reuter  -  99 words
    • 261 6 AFP BEIJING Taiwanese President Lee Teng-hui must renounce his "independence" policy before cross-Strait tensions can be eased and relation develop smoothly, Xinhua quoted a senior Chinese official as saying. Wang Daohan, president of the Association for Relations Across the Taiwan Strait
      AFP  -  261 words
    • 246 6 AFP HONGKONG The territory said yesterday it was eager to help China promote its special post-1997 passport for the territory's residents. But foreign governments say they need to study it closely before deciding if it is good enough for visa-free travel to
      AFP  -  246 words
    • 121 6 Reuter SHANGHAI China will strive to raise incomes of urban residents by an average 34 per cent and rural individuals by 30 per cent in the next five-year period from 1996 to 2000, the China Securities News reported. Among the measures to achieve the goal,
      Reuter  -  121 words
    • 107 6 Reuter SEOUL Pohang Iron and Steel Co (Posco) of South Korea said it would set up a joint venture in Dalian, China, capable of producing 100,000 tonnes of galvanised steel products a year. Posco and China National Ferrous Metal Material Corp (CFM) were due
      Reuter  -  107 words
    • 202 6 Reuter TAIPEI Taiwan Premier Lien Chan urged China yesterday to remove barriers to better relations and drop a threat of attack to show good faith following an offer by China's President for summit talks. "Although Chinese communist leaders say they are willing to
      Reuter  -  202 words
    • 91 6 AFP BEIJING China has axed more than two million civil service jobs and shrunk its ministries and commissions by 13 per cent since 1993, when it decided to overhaul government administration, the overseas edition of the People's Daily reported yesterday. It said that
      AFP  -  91 words
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  • ASIA
    • 330 7 Fraud seen as major problem for Australian business, conference told Reuter SYDNEY Tales of rampant corporate corruption are scaring Australian businesses away from dealings with other countries, particularly in Asia. John Banks, a director of accountancy firm KPMG Corporate Finance, told a conference
      Reuter  -  330 words
    • 328 7 Reuter TOKYO Japan's economy has not entered a deflationary phase, but the Bank of Japan (BOJ) will continue to be vigilant and take proper steps to prevent it from slipping into deflation, BOJ governor Yasuo Matsushita told the Upper House budget committee yesterday.
      Reuter  -  328 words
    • 69 7 Bloomberg Business News WELLINGTON The median price of a New Zealand house rose to a record NZ$l4l,OOO (*****,778) in September, exceeding the previous record of NZ5139,000 set a month earlier, said the Real Estate Institute of New Zealand. The total value of the 7,326
      Bloomberg Business News  -  69 words
    • 79 7 Bloomberg Business News "ADELAIDE A group of companies including Compagnie General des Eaux of France and Britain's Thames Water pic has r- been selected as preferred bidder for a 15-year state government j contract to run the water system in Adelaide, the capital of South Australia.
      Bloomberg Business News  -  79 words
    • 83 7 Reuter WELLINGTON New Zealand's central bank breathed easier ■j yesterday as annual core inflation was squeezed back into a government-set 0-2 per cent target range. Consumer prices rose 02 per cent in the September quarter, bringing the annual rate down to 3.5 per cent
      Reuter  -  83 words
    • 67 7 Bloomberg Business News v TOKYO The Finance Ministry will propose public works spending totaling 9.7 trillion yen (Ssl3B billion) for the next fiscal year to start April, up 4.1-4.2 per cent from this fiscal year's i" initial budget, the Yomiuri newspaper said. The government's public works
      Bloomberg Business News  -  67 words
    • 199 7 Reuter AUCKLAND New Zealand Finance Minister Bill Birch called for Asian countries in the Asia-Pacific Economic Cooperation (Apec) forum to honour commitments to free trade. In a speech to the Asian Securities' Analysts Council annual conference, Mr Birch said Apec countries
      Reuter  -  199 words
  • Page 7 Advertisements
    • 575 7 Temple Vegetarian Cuisine Vp 7th Qctobcr 31st October y,. Enlighten your taste with the culinary skills of vegetarian cuisine virtuoso Zhang s\" 4 Zhongyi from the world renowned Jade Buddha Temple in Shanghai The internationally acclaimed Shanghai-style masterchef will prepare for vegetarian gourmet enthusiasts Chinese Imperial and Temple Vegetarian dishes
      575 words

  • Page 8 Advertisements
    • 894 8 Budweiser i CT; i i I?OTvTTTYTrFt??w where to wine, dine and entertain Fl><w-aw "GOOD OLD FASHIONED FUN. AT CLUB 5." gmk English and Chinese all-time favourites performed 'live'. Drinking and dancing. Fashion show every Monday and Thursday. Happy Hours Monday to Friday, 5 pm to 8 pm, with one for
      894 words
    • 349 8 I fancy 'Beijing? I Then, we 'rt detighted to suggest the Pine Court for a memeraile dining experience. Our lunch menu offers a variety of dmn Kin 'Beijing dumplings, a selection of set menus, and 'Beijing specialities MjflPVy such as 'Beijing Ducf, BaHgd Tench and ||g|^ Marinated Lamb. Jancu some
      349 words

  • LIFESTYLE
    • 1070 9  -  Hollywood's shaken by the failure of three big-budget movies, reports Bernard Weinraub Bernard Weinraub FLOPS and hits come and go in Hollywood and, for the most part, they are taken for granted. But three big-budget, high-pro-file movies Jade, Strange Days and The Scarlet Letter opened
      1,070 words
    • 199 9 ON FRIDAY, the first leg of the Golfing World 4 Business Times Corporate Golf League will tee off at the SICC New Course: The launch of this event was announced last month. Since then, organisers John Burgess A Associates (JBA) have received numerous enquiries from corporate
      199 words
    • 428 9 Reuter UPI UPI DURING his first public appearance since a paralysing horseback riding accident, actor Christopher Reeve recalled on Monday night the visit of an old friend to his hospital room four months ago. "My life was hanging in the balance and I had a SO-SO
      Reuter; UPI  -  428 words
  • Page 9 Advertisements
    • 156 9 mXi House Restaurant 3E River Valley Road 401-09/11 Clark Quay Singapore vv SnTi ITi^l I Menu S penor StF Slewed goose meats Scallops with asparagus jjgg J Fresh oyster with garlic Seafood rolls H| '-'don noodles CHINA CHINA RESORT RESTAURANT (OPEN TO PUBLIO Sopatowl Gotf Corny Club (Fanner Mmn Bay
      156 words
    • 20 9 sg&te. Golfing World The Business Times THK VIDEO MACAZIWE SINGAPORE Corporate League V prnrmtrH br V Moet-Hennessy Asia Pte. Ltd.
      20 words
  • Page 9 Miscellaneous
    • 863 9 A M»Mil «ba Warid, Bpm, Go to the South of France, to Hm. see Provence. Start from Marseilles, and work through Nice t J fjM on the Riviera, to Grasse, nV '^^'A.V where perfumes are made. J Tfce Making of th« living Planet. 9pm, Pramiara 12 *J& 1 yffj" B
      863 words

  • Page 10 Advertisements
    • 279 10 \,i I ij >■>, n 1;, v u i i i.V 'i! H'»/ K il* t N Ni1 <' v i V /> •s/ f »)u ht>ii:ii\ ;:r. <>! :-<ailifn '>i/s a sn Vwp ,ii, hi) IL J', >! 1 s ■>r' h Ii 'i v'' I\ f/!/1v i H.'
      279 words

  • Page 11 Advertisements
    • 665 11 Yv( v 1 v SI ">1"( v k) I i 1< r >i 11 Wl ]V >s V T V v f V 'I I X. v C I f i /VII V If 1 < *•I It f I I I s p< Hm\l I»' I I I'» 'II
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  • 1811 12 BT Special Advertising Feature The company has come a long way to become the region's major logistics company using the latest in information technology THE year 1995 marks 40 years for the YCH Group. Forty years of forging new business j partnerships
    1,811 words

  • Page 13 Advertisements
    • 247 13 Congratulations! AJV H CBLBBEATIMO 40 YBAftt OF 'BUllfO' TO THB CHALLBWQB I SONY® I Sony International (Singapore) Ltd Sony Logistics (Singapore) Pte Ltd I 10 Hoe Chiang Road #21 -00 Keppel Towers No. 20 Tuas Avenue 13, Singapore *****7 I Singapore *****5 Tel: (65) *****11 Fax: (65) *****06 I Tel:
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  • Page 14 Advertisements
    • 367 14 Congratulations! Jffcl\ AH cblbbbatino 40 ybabs ov 'BIBIMO' TO THB CHALLBMOB I UIUMN&UN I DERRICK. RAVI PARTNERS I I BECTON COMPANY I 133 New ftWge Road, I I (ASIA PACIFIC) 1 The Preferred Insurance Company, Always. #16-03/04 I I BECTON DICKINSON MEDICAL I Chinatown Point I I PRODUCTS I COMMC
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  • Page 15 Advertisements
    • 331 15 Congratulations to your 40in anniversary of the YCH- Gro in- 1 URACO AUTOMATION PTE LTC 47 Loyang Drive; tk*> Singapore *****5 Iff) c,o«<r aW I Tel: (65) 545 7811 _U*ftON P l V, I f0*:(65)*****05 idAOA ***"?<:.* I TECIIIOLOGIES vc\\-GroW a r ~,i I ***** Wurzborg, Germany V dtSfa'ty \d
      331 words

  • FOCUS
    • 1064 16  -  ATC expects double-digit growth in number of S'porean visitors to continue Bli Agnes Wee SINGAPORE Singaporean tourists rank No 2 among the big spenders in Australia, according to the Australian Tourism Commission (ATC). Each visitor spends an average of A$U8 (SS126) per
      1,064 words
    • 1056 18 Personal financial management LA Times SAN FRANCISCO You should hear what financial planners and other investment advisers say behind their clients' backs. You should hear because it could only help both parties client and adviser better understand each other as the
      LA Times  -  1,056 words
  • Page 16 Advertisements
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  • Page 17 Advertisements
    • 1119 17 B__U_JLX_N_JL_S_S TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 1 PARKWAY HOLDINGS LIMITED (Incorporated in the Republic of Singapore) U5D40,000,000 UNSECURED FLOATING RATE NOTES DUE 1998 Pursuant to Condition 12 of the Notes, notice is hereby given that for the Interest Period beginning on 17 October 199S and ending on (but excluding)
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    • 712 17 M THE MATTER OF THE COMPANIES ACT, CHARTER SO AND IN THE MATTER Of ASIAN-PACIFIC TAX AND INVESTMENT RESEARCH CENTRE (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act, Chapter SO. that ma FINAL MEETING of tha Mam ban of the
      712 words

  • Page 18 Advertisements
    • 129 18 Cathay FV^anc TAILORED CYC, we believe to create works of you must first begin with the finest materials. Take our latest range fl of wash-and-wear fabrics, for example. Beautifully soft, these colourful pieces '.v .^E of natural cloth are lovingly woven in Kf \I Ik <'>. < 9 France from
      129 words
    • 7 18 TV v 1 ME TA L S
      7 words

  • 537 19 THE plan to make Singapore an international centre for wafer fabrication is a bold one, with immensely attractive prospects. Wafer fabrication plants, or wafer fabs, are the high-tech wombs that produce the semiconductor computer chips so crucial to today's electronic products. At 1 billion to
    537 words
  • 222 19 ACTING Community Development Minister Abdullah Tarmugi's reminder on Sunday that the Government could consider improving the public areas of private estates, but could not be expected to do much beyond that, focused on an issue as old as the upgrading of Housing Board flats: the
    222 words
  • 167 19 MILLIONS of Iraqis voted overwhelmingly to give their internationally reviled president, Saddam Hussein, another seven years in power. It was the first time Saddam had put his leadership to the public test and followed weeks of mass celebrations and a media blitz trumpeting what Iraqi officials called
    167 words
  • 180 19 v DRUG addiction remains a big problem in Singapore. Both the number of new addicts and relapse cases are high. Why? Is enforcement so ineffective that drugs are still easily available? Are the rehabilitation programmes effective? How can they be made better? A scheme to
    180 words
  • 181 19 INDONESIA'S days as an oil exporter will be gone before very long. Economist Hadi Soesastro, speaking in Jakarta last week, said that at the beginning of the 21st century, Indonesia will enter a new phase as an importer of energy, particularly oil. The reason
    181 words
  • 138 19 Foot in mouth UNTIL NOW, it had always seemed that former senator Jim Sasser's long-waited confirmation as the new US Ambassador to Beijing would be good news for Hongkong, signalling a thaw in the relations between the territory's two major trading partners. Yet now his arrival is more likely to
    138 words
  • 162 19 THE AGEING of several private estates in Singapore is a noteworthy phenomenon. Condos are not likely to encounter major problems of an ageing estate. But, in the case of landed properties, especially those decadesold, problems include poorly-maintained public areas, neglected facilities, poor transportation and environmental hygiene
    162 words
  • 799 19  -  Smaller Thai firms vulnerable to influx of new players, says Alan Boyd Alan Boyd The writer is a Bangkok-based journalist who contributes to BT A DELUGE of applications for new licences in the Thai insurance business following the first phase of an
    799 words
  • Page 19 Advertisements
    • 129 19 s~ <&. vH|H «Lr\ WOWPHUM* f B 1^ Br/ < #A PATEK PHILIPPE V^H GENEVE mm 0 Geneva Masieflirne TIIVIE during a glittering exhibition of fabulous timepieces from Patek Philippe's private museum and current collection. The exhibition is a double treat for connoisseurs of the |^j|fpir> legendaiy Geneva watch, as
      129 words
  • Page 19 Miscellaneous
    • 61 19 «v« BRISTCXO— NO SUCH TH»Ja RS ft <YWJ\ r vfou S^ B r2?r 1 OF iwe "TVWneTH C€KTU«/U>»TV/ \puDE- cooftipfe cooftrsgjr— (UaOCWTUMWVtftMLTO.NUIM 9543 DOONESBURY GARRYTRUDEAU OH, wf*Vr-~) :C_ =\C \N I a** J rHdNaeHKX- fU- 1 YOUB- WUFCUG INVEST**™ 1 Br*" rTS Am H&&' I HOOP. 1 UKM&. I 1
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  • 528 20 NYT WASHINGTON Worried by the financial health of Japanese banks, the Federal Reserve has arranged with Japanese authorities for it to provide billions of dollars almost instantly in exchange for Treasury bonds and bills in case of a sudden cash
    NYT  -  528 words
  • 381 20 Bloomberg Business News WASHINGTON US industrial output declined for the first time in five months in September as cool Fall weather flowed people across much of the country to turn off their air conditioners. Overall production decreased 0.2 per cent, the Federal Reserve reported.
    Bloomberg Business News  -  381 words
  • 312 20 Bloomberg Business News NORTH ANDOVER, Massachusetts US economic growth would pick up in the second half of this year with low inflation, said Cathy Minehan, president of the Federal Reserve Bank of Boston. Recent economic statistics suggest the economy could
    Bloomberg Business News  -  312 words
  • 258 20 Bloomberg Business News NEW YORK International Business Machines Corp reported third-quarter net income that was below analysts' estimates because of product delays and shortages. Net income rose to US$l.3 billion (551.87 billion), or US$2.3O a share, excluding a one-time charge
    Bloomberg Business News  -  258 words
  • 185 20 Bloomberg Business News DETROIT General Motors Corp said its third-quarter profit rose 16 per cent, well above expectations, mostly on strength from its non-automo-tive subsidiaries. GM said net income rose to US$642 million (*****.64 million), or 42 cents a share, from US$552 million, or 40
    Bloomberg Business News  -  185 words
  • 117 20 Bloomberg Business News WASHINGTON The Rev Jesse Jackson told the Million Man March here on Monday that the next black protest rally may be on Wall Street. Rev Jackson said Wall Street investors are crassly cashing on a prison building boom, fuelled
    Bloomberg Business News  -  117 words
  • 716 20  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent IN THE "global economy of the 21st century," declared United States president Bill Clinton at the IMF/World Bank annual meetings in Washington last week, "we are all neighbours". Americans place
    716 words
  • 162 20 Reuter LONDON The British government borrowed £3.7 billion (SsB.3 billion) in September to plug the gap between its income and spending, making an overshoot of its forecast budget deficit for the year almost certainty. Figures released yesterday day showed the cumulative shortfall for fiscal 1995/96
    Reuter  -  162 words
  • Page 20 Advertisements
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  • COMPANIES & MARKETS
    • 501 21  -  By William Chia SINGAPORE Sesdaq-listed electronics group Goldtron Ltd has finally confirmed that two well-connected Indonesian businessmen have taken a substantial 7.8 per cent stake in the company following months of market speculation. Goldtron informed the Stock Exchange of Singapore yesterday that
      501 words
    • 586 21  -  By Agnes Wee SINGAPORE CDL Hotels International last night launched a new global hotel brand, to be known as the Millennium Hotels and Resorts. The Millennium name will initially be adopted by 26 of the group's hotels worldwide, mainly of four-star rating, the
      586 words
    • 421 21  -  By Lu Ning SINGAPORE Tianjin Traditional Chinese Medicine Group Co (TTCMG) is ready for a listing either in Singapore or in Hongkong as early as April next year once negotiations between the securities regulators are completed, said its president
      421 words
    • 139 21 SINGAPORE Lehman Brothers, the book-running lead manager for Thai cellular telephone services provider, Total Access Communication, has bought nearly 1.4 million TAC shares to distribute to institutions which have asked for more shares. The shares were bought at between US$6.2O (SS8.80) and
      139 words
    • 643 21  -  HOCK LOCK SIEW By Loh Hui Yin BANGKOK More often than not, the Stock Exchange of Singapore (SES) has been branded as tight-lipped, tough and even intransigent when dealing with its constituents publicly-listed companies and those aspiring for listed status. But the manner
      643 words
    • 313 21  -  From Ho Kay Tat in KUALA LUMPUR CONGLOMERATE Renong Bhd has come forward to explain that the private placements of 83.465 million shares made by its chief executive and controlling shareholder Halim Saad were merely a transfer of the shares to his
      313 words
    • EYE on your STOCKS
      • Article, Illustration
        51 21 Uncertain 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 liian, Morgan Gre n fell. Ong Co, Nomura. Phillip, Smith New Court and W
        51 words
      • Article, Illustration
        87 21  -  By Paul Leo UIC is a trading buy at yesterday's close of $1.23. Daily Relative Strength Index has bounced up from oversold region on strong buying interest yesterday's volume of 2.34 million shares was 2.4 times more than the 10-day average 0f997,000 units. However, any gain is likely
        87 words
    • COMPANIES
      • 473 22  -  Regional partnership with HCS is second by a govt-linked company By Diana Oon SINGAPORE DBS Land has become the second govern-ment-linked company (GLC) after Straits Steamship Land (SSL) to go into a regional partnership with the Health Corporation of Singapore
        473 words
      • COMPANY BRIEFS
        • 56 22 SINGAPORE CAM Mechatronics has subscribed for three million shares of M$ 1 each at par (including the transfer of three subscriber shares) in CAM High-Tech Diecasting (Johore) Sdn Bhd (CTJ). CTJ is now a wholly-owned subsidiary of CAM Mechatronics. CTJ will undertake high-tech diecasting using
          56 words
        • 57 22 Cycle Carriage (HK) winds up SINGAPORE Cycle Carriage Ltd announced that its whollyowned subsidiary, Cycle Carriage (HK) Ltd, which has been inactive since 1993, has started voluntary liquidation. The winding up, which is expected to take several months, will not have any effect on the financial position of the Cycle
          57 words
        • 54 22 SINGAPORE Liang Huat has received acceptances for 53.15 million warrants and excess applications for 25.73 million warrants, representing 97.5 per cent and 47.2 per cent respectively of the total number of warrants offered. The 1.35 million warrants which have not been accepted will be allocated to
          54 words
        • 57 22 SINGAPORE Trading in Japanese-owned plastic mould maker Showpla Asia Ltd shares will cease on a "when issued" basis and will start on "ready" basis with effect from Friday. Trades in the Showpla shares done on "when issued" basis will be due for settlement on Oct 27. Showpla
          57 words
      • 241 22  -  By Abdul Hadhi SINGAPORE A consortium led by the Keppel group's property arm Straits Steamship Land (SSL) intends to appoint French resort chain Club Mediterranee to operate a proposed holiday village it is developing in Kunming, China. SSL yesterday
        241 words
      • 270 22 Reuter JAKARTA Indonesian telecommunications operator FT Telkom is on track with its ambitious triple listing in New York, London and Jakarta, shrugging off concerns about unfinished business, a company source said. The source said PT Telekomunikasi Indonesia (Telekom) planned to list up
        Reuter  -  270 words
      • 479 22  -  By William Chia SINGAPORE Indonesia's largest dairy and fruit juice producer, PT Ultrajaya Milk industry and Trading Company, will double its annual beverage production capacity from 30 million litres to 60 million litres by the middle of next year. Ultrajaya president director
        479 words
      • 359 22  -  Froa Al Labita in MANILA A COMPANY owned *by Hongkong tycoon Gordon Wu will pursue its winning bid for a power plant after Manila's decision to lift its ban on US firm Westinghouse. The bid was disallowed in a wrangle involving
        359 words
      • 162 22 MANILA Listed food and beverage giant San Miguel Corp (SMC) has formed a new company to produce corrugated cartons for the local and export markets. SMC said in a statement yesterday that its subsidiary San Miguel Packaging Products (SMPP) has a 70 per cent stake
        162 words
      • 215 22 SINGAPORE Coatings specialist Roto! Singapore will be unveiling its initial public offering (IPO) on Sesdaq today, adding momentum to the IPO scene. The offer of about 20-30 million shares will be leadmanaged by DBS Bank. Rotol, which makes
        215 words
      • 596 22 Ml HI 1'prtw.tti Oct 18 Mwsm GmM to Mgt l U TnMt MG Spore Premier T 0.19 0.930 MG Asia Premier T 0.92 0 9«i The Commerce 1.51 1.60 The Savmgs Fund 1.45 1.54 Cftfcorp towtoMt BMk am °o« d CW Gtob- Bood Fd 0979 09 S'pore Invest Fund l
        596 words
      • 408 23  -  It expects business volume in China to surge in the coming years Quak Hiang Whai in SHANGHAI INTERNATIONAL Business Machines (IBM) sees China as its most exciting market in the Asia-Pacific and has plans to rapidly expand its presence in the country
        408 words
      • 190 23 AFP TAIPEI Foreign investors have snapped up an offer of 85 million shares by Acer Inc, Taiwan's largest maker of personal computers, with the issue oversubscribed before it officially goes on sale, officials said yesterday. "The shares turned out to be very attractive
        AFP  -  190 words
      • 83 23 Bloomberg Business News HONGKONG Drug manufacturer South Chinsl Strategic Ltd would buy Hongkong newspaper Express News from its owners, Robert H S Ng and South China Holdings Ltd, the companies announced yesterday. Mr Ng is the executive director of both South China Strategic,
        Bloomberg Business News  -  83 words
      • 64 23 Bloomberg Business News HONGKONG Conglomerate Wah Nam Group Ltd said it was selling 198.7 million new shares to three individual investors not previously associated with the company, raising HK529.7 million (555.5 million). The new shares would represent about 14 per cent of Wah Nam's enlarged share
        Bloomberg Business News  -  64 words
      • 56 23 Bloomberg Business News PARIS Galeries Lafayette SA, the French department store operator, said its first-half losses narrowed to 282 million francs (SSBO.B million) from 508 million francs in the year-earlier period. It may be unprofitable this year because second-half business has been hurt by the threat
        Bloomberg Business News  -  56 words
      • 53 23 Reuter SYDNEY Electronic software distributor Enterprise Solutions Asia Pacific Ltd (Esap) said yesterday it was acquiring another 10 per cent stake in its US associate company Enterprise Solutions Ltd for U554.25 million (Ss6 million). Esap said the purchase had raised its stake to 40
        Reuter  -  53 words
      • 53 23 Bloomberg Business News HONGKONG The director of public offerings at China's central securities regulator said he was resigning effective this Friday because of ill-health, the South China Morning Post reported yesterday. Gao Xiqing, 58, is also resigning his position as general counsel at the China Securities
        Bloomberg Business News  -  53 words
      • 265 23 Bloomberg Business News SHANGHAI Global fund managers hope the world's biggest cashmere company will help the comatose Shanghai stock market rise from the dead. But local investors say that's not likely. On Friday, Inner Mongolia Erdos Cashmere Products Co, which accounts
        Bloomberg Business News  -  265 words
      • 291 23 Reuter MELBOURNE Australia's corporate regulator stirred the controversy surrounding retailer Coles Myer Ltd yesterday by criticising companies that try to conceal transactions. Australian Securities Commission (ASC) chairman Alan Cameron said Australia was not far behind leading overseas markets in its standards of
        Reuter  -  291 words
      • 248 23 Reuter SYDNEY The share price of Rupert Murdoch's global media group News Corp Ltd fell yesterday on speculation that Mr Murdoch was planning a bid to acquire the EMI music business from Britishbased Thorn EMI pic. "There is talk that
        Reuter  -  248 words
      • 377 24 AFP TOKYO Takashimaya Co Ltd of Japan said yesterday its pre-tax profit surged 180 per cent from a year earlier to 2.7 billion yen (5538.3 million) in the six months to August. The Osaka-based department store operator said halfyear sales rose 1.2 per cent to
        AFP  -  377 words
      • 509 24 Other big US banks post gains from robust lending activity Reuter NEW YORK Chase Manhattan Corp, which is merging with Chemical Banking Corp, on Monday reported a drop in third quarter earnings while Nationsßank, Bank of New York and other big banks posted healthy gains
        Reuter  -  509 words
      • 47 24 AFP BEIJING Workers pulling into place a piece of an advertisement for Coca-Cola above an investment company office in Beijing yesterday. Coca-Cola is one of the many American companies angling to increase their chunk of the vast Chinese market. AFP
        AFP  -  47 words
      • 245 24  -  By Dexter Lee in STOCKHOLM SWEDISH heavy vehicle maker Scania CV AB yesterday launched a new truck model that is aimed at meeting truck operators' needs in the next century. The company said the 4-se-ries was designed to meet customers' demand for quality,
        245 words
      • 338 24 NYT NEW YORK Profits at Bear, Stearns Cos Inc and Smith Barney Inc more than doubled in the quarter that ended in September, providing clear evidence that Wall Street has recovered from last year's rout. Benefiting from strong trading and investment
        NYT  -  338 words
      • 165 24 NYT SAN FRANCISCO Intel Corp rewarded the faithful on Monday with a 41.3 per cent rise in third-quarter earnings, meeting or exceeding most analysts' estimates. Primed by disappointing results at rivals like Motorola Inc and Advanced Micro Devices Inc, some analysts had expected Intel
        NYT  -  165 words
    • FINANCE & COMMODITIES
      • 398 25 Bloomberg Business News LEXINGTON, Kentucky Security First Network Bank, a unit of Cardinal Bancshares of Lexington, will today become the first bank to exist completely in cyberspace. Although other banks, including Wells Fargo Co, offer limited access to
        Bloomberg Business News  -  398 words
      • 246 25 Bloomberg Business News HONGKONG China International Trust and Investment Corp (Citic), China's premier finance and investment vehicle, is a riskier credit than the government which controls it. US ratings company Moody's Investors Service yesterday lowered Citic's long-term debt rating to Baal from A3. The short-term
        Bloomberg Business News  -  246 words
      • 297 25 Bloomberg Business News NEW YORK Citicorp said third-quarter pretax profit rose 10 per cent, led by rising revenue from consumer businesses and trading. Net income fell 2 per cent from a year earlier when the company received more tax benefits. The
        Bloomberg Business News  -  297 words
      • 73 25 Reuter HONGKONG Standard Chartered Bank said it had been chosen by the Shenzhen Securities Clearing Co (SSCQ as the cash clearing bank under the new central clearing system for Shenzhen 4 B' shares. From Oct 23, SSCC will assume the central depository and settlement function
        Reuter  -  73 words
      • 85 25 AFP TOKYO Softbank Corp of Japan said yesterday it had signed a contract with 14 banks, including major city banks, to cooperate in lending to software companies which would use their intellectual property as collateral. Under the agreement, the Tokyo-based software vendor will evaluate
        AFP  -  85 words
      • 73 25 AFP BANGKOK The Industrial Finance Corporation of Thailand (IFCT) has appointed the Industrial Bank of Japan (IBJ) as the underwriter for a US$5O million (Ss7l million) floating rate note isSue, an IBJ official said yesterday. The five-year bond was the second instalment of IFCTs US$5OO
        AFP  -  73 words
      • 268 25 Bloomberg Business News NEW YORK American Express Co said it took its underperforming banking unit off the market because the bids it received were too low. "We believe the bank will create more long-term value as an ongoing part of the company
        Bloomberg Business News  -  268 words
      • 301 25 Bloomberg Business News NEW YORK The number of banks operating on a global basis will shrink to "only a handful" within five to 10 years. Gerald Corrigan, former president of the New York Federal Reserve Bank, said yesterday that with intense competition
        Bloomberg Business News  -  301 words
    • FINANCE & COMMODITIES
      • 491 26 Reuter TAWAU, Malaysia Malaysia, in a bid to maintain its multi-billion-dollar palm oil industry, was urging growers to acquire plantations and refineries abroad, industry officials said on Monday. Shrinking agricultural land and an acute labour shortage because of the fast industrialisation had
        Reuter  -  491 words
      • 276 26 Bloomberg Business News NEW YORK The London International Financial Futures and Options Exchange (Liffe) plans to link up with US and Asian exchanges to increase its business, said chairman Jack Wigglesworth. "We're very keen to develop these links
        Bloomberg Business News  -  276 words
      • 291 26 Reuter HONGKONG China, which is facing a credit crunch, is unlikely to return to the metals market in the short term regardless of how far prices on the London Metal Exchange (LME) fall, according to Far East traders. Any feeling that China might come
        Reuter  -  291 words
      • 176 26 Reuter SHANGHAI Turnover on the China Commodity Futures Exchange in southern Hainan province hit a record high of 12.1S billion yuan (552.07 billion) on Monday, the Shanghai Securities News said. Combined open interest on the exchange also reached a high level at 160,000
        Reuter  -  176 words
      • 221 26 Bloomberg Business News WASHINGTON America's mutual life insurance companies may owe the US as much as USSS billion (557.12 billion) in back taxes and interest after the Supreme Court rejected their arguments on Monday in a tangled tax dispute. The justices, without
        Bloomberg Business News  -  221 words
      • 394 26 Bloomberg Business News NEW YORK Lehman Brothers Holdings Inc, lumbering under the weight of lowmargin, over-staffed businesses, will cut up to 4 per cent of its workforce. The fourth-largest US securities firm in terms of capital is cutting 200 to 300
        Bloomberg Business News  -  394 words
      • 327 26 Reuter SINGAPORE Europe's Hohbond International Petrochemical Co, the first foreign firm to wholly own an oil refinery in China, aims to develop Hainan port to rival Singapore as a regional trading hub, a senior company official said. "Mideast vessels heading towards the Far East will
        Reuter  -  327 words
      • 195 26 AFX-Asia LONDON The dollar edged lower in mid-afternoon trading, with sentiment in the currency affected by a renewed move into the mark out of the franc which saw the German unit test 3.50 francs. The release of the US September industrial production and capacity utilisation data, which were broadly
        AFX-Asia  -  195 words
      • 87 26 AFP NEW YORK The dollar was mixed within a narrow trading band against other major currencies yesterday in quiet trading. In morning trading, the dollar was worth 1.420S marks, down from 1.4230 at Monday's closing in New York. Against the yen, the greenback was trading at 100.52 from
        AFP  -  87 words
      • Article, Illustration
        1253 26 Trade-mrtghled index calculated atoms Sport Slop 14 trading partners Bate year mi ••AAA M m USS/SS tonwrt rain Noon Oct 17 ss ■M Offer 1-moaih 1.4212 1.4223 2-month I.41S2 1.4193 3-nonlfa 1.4150 MUI 6-mootii 1.4ft$7 1 4073 Somor OCK Source: OCBC FOREIGN CURRENCY NOTE MIES DiilaaM17: Ihium doUvs It me
        1,253 words
    • COMMODITIES & FUTURES
      • 1272 27 Reuter SINGAPORE Simex Euroyen futures ended lower on profit-taking while Eurodollars were mixed, but with a bullish outlook. Euroyen futures saw some profittaking in late afternoon trade, bringing them down to the day's lows. "Technically, Euroyen has been overbought recently so we might be seeing a
        Reuter  -  1,272 words
      • 681 27 COMMOOfTY REPORTS IMMbw KUALA LUMPUR: Further buying interest from China to meet the country's falling stocks, coupled with tight supply, pushed up prices in Malaysia. "The Chinese buying is still on. They are looking for rubber in all producing countries," a dealer said. "We
        681 words
      • 109 27 HAMBURG Global 1995-96 sunseed production will possibly reach a record 24.89 million tonnes, up from year-ago's 23.98 million and up almost one million from the Sep 8 projection, said the newsletter Oil World in its latest issue. The newsletter said a "spectacular increase" by 24 per
        109 words
      • 90 27 JOHANNESBURG South African mining house Gencor said it was planning two exploration projects in Cuba, both in joint ventures with the Cuban government. Gencor said on Monday it was negotiating a 75 per cent stake in both the San Felipe nickel deposit and the Camaguey copper/gold deposit
        90 words
      • 67 27 HONGKONG Recent limit-down losses in New York cotton futures have sparked buying interest from the region, with most buyers now eying a price fall to between 80 and 82 US cents (551.14 and SSI. 17), traders said. At those levels, mills in Taiwan,
        67 words
      • 63 27 NEW YORK The Ivory Coast is estimated to have sold forward 630,000 tonnes of its 1995-96 crop as of Friday, the General Cocoa Co said in its latest weekly newsletter. General Cocoa said estimates for the Ivorian main crop remained in a range between 800,000 and
        63 words
    • 1369 27 SKXNM Futarts Oct 17 RyMMf Physical Pric#s mmm ckmlmg m 1 BJOpw) f giigg (Sccnta/kg) As at 12 mm (ScenU/k») Clote Volume Open Month Huh Low Sett (wo) hMM RSS 2 Nov 93 206.50 207.50N Nov 95 211.00 1775 RSS 3 Nov 95 206.00 207.00N Dec 95 209
      1,369 words
    • REGIONAL STOCK MARKETS
      • 1045 28 -1.5 SHARE prices closed lower yesterday following a weak performance on Wall Street and other overseas bourses. "It finished down only slightly, which was surprising considering the poor overseas leads," said a broker. The All Ordinaries Index fell 1,5 points to 2,108.5. The All Industrials slipped 4.2 to 3,147.4
        1,045 words
      • 545 28 +2.56 Share prices closed higher with foreign investors picking up selected bargains. "There were some selective bargain-hunting today by foreign funds," a dealer said. The PSE Composite Index gained 2.56 points to 2,638.82. Turnover was 3.6 billion shares valued at 2.5 billion pesos. Petron Corp was a favourite buy,
        545 words
      • 532 28 +42.02 Share prices ended higher in firm trading, led by electronics issues in response to the listing of a computer chip producer. "The market is still far from bullish as investors are waiting to see how the government is going to respond to Chinese President Jiang Zemin's statement, saying
        532 words
      • 437 28 -1.7 Stocks were little changed as large export shares rose on buying by cash-rich institutional investors while issues in companies with talks of mergers and declined. Kia Motors, which had recently soared on expectations of a takeover by larger conglomerates, plunged 1,100 won to 18,800 its daily limit following
        437 words
      • 324 28 +4.85 Shares ended slightly firmer but are expected to make greater gains today in light of an interest rate rally. The NZSE-40 Capital Index ended 4.85 points higher at 2,142.04 on turnover worth NZ534.14 million. The market had closed before the Reserve Bank's latest comment on monetary policy,
        324 words
      • 81 28 -1.21 Shares traded in a tight range and closed little changed. The 30-share BSE Index closed 1.21 points down at 3,580.76 and the National Index lost 1.71 to 1,622.96. "The market was quiet. It weakened initially and later there was some covering up as tomorrow is the last day
        81 words
    • WORLD STOCK MARKETS
      • 662 28 +4.9 SHARE prices closed firm but off highs, reflecting a dull performance on Wall Street in morning trade and a move lower in the FT-SE 100 index futures contract, dealers said. The FT-SE 100 Index closed up 4.9 points at 3,562.2. Volume was 552.6 million shares. Dealers said a
        662 words
      • 129 28 -10.75 Share prices closed lower, extending Monday's losses as renewed franc weakness suggested that French interest rates will have to remain high for some time. > The CAC-40 Index was down 10.75 points at 1,779.74. Dealers said the franc's breach of the 3.50-per-mark level depressed share prices. The franc
        129 words
      • 181 28 +9.59 Share prices closed higher in quiet trading, lifted by an acquisition by Siemens and a steady dollar. The DAX index closed up 9.59 points at 2,201.03. Siemens closed up 7.40 at 739.90 on rumours it was acquiring a Cable Wireless unit. CAW confirmed Siemens is buying a 75
        181 words
      • 166 28 •0.96 Belgian shares languished, with no fresh news to jolt them out of their near-mori-bund state. The Bel-20 Index closed down 0.98 point at 1,423.05, with a low 928 million francs worth of shares traded. Dealers noted selective buying of stocks which have fallen recently, including steel maker Cockerill,
        166 words
      • 154 28 -100 Italian stocks fell as a delay in the proposed Gemina merger troubled a market already drained by investors' need to find funds for share offerings expected later this year. The all-share Mibtel Index closed 100 points lower at 9,238. Fund managers said that the declines were caused by
        154 words
      • 256 28 -258 Dutch stocks extended their decline as a lower dollar and lower-than-expected earnings from IBM heightened concern that Dutch companies will report disappointing earnings next month. The EOE Index closed 2.58 points lower at 456.57. Among the 25 index stocks, 18 fell and four rose. The dollar fell against
        256 words
      • 153 28 +2.56 Swedish stocks recovered after a weak opening, partly due to gains by drugs group Astra. Investors were stocking up ahead of US sales data for Astra's blockbusting ulcer drug Losec. "There is some speculation ahead of the Losec sales figures," said a broker. The data will be contained
        153 words
      • 212 28 Swiss shares slipped into negative territory after failing to overcome resistance between 3,125 and 3,130 SMI-points. Trading was directionless and volumes were small, one dealer said, adding that the market was consolidating and could move sideways in the next few days. The blue-chip SMI Index lost 4.0 points to
        212 words
      • 335 28 +54.9 South African industrial shares found renewed strength in the afternoon session to push the index to yet another record close while the gold index tumbled to a four-month low. Dealers said there was no single factor to explain the sharp surge in industrials in the afternoon session following
        335 words
      • 633 28 -11.56 Stock prices edged lower in active trading early yesterday as IBM's slightly disappointing earnings results weighed on the market. The Dow Jones Industrial Average, which retreated 9.40 points on Monday, was down 11.56 to 4,772.82 at 11am EDT. The New York Stock Exchange Composite Index was off
        633 words
      • 759 28 Britannia Funds SMrtiaf Cash Bid Offer Mim Cap Depoul M6400 11*500 Mim Jeney <5* 0 1193 0.1992 Him Max Income _.*0 9200 *0.9*00 L S$ Cart Income Plus Fund 10 0100 10 5500 PS (Reserve Fund *5 5100 *5.5900 .0.4592 0 49M Far tan Fund *2.7*50 *2 9710 Man Portfolio
        759 words
    • Article, Illustration
      2393 29 Bloomberg Business News HONGKONG Stocks were little changed, with the Hang Seng Index closing above 10,000 for a second day, amid optimism that declining bond yields will lure investors to shares. Gains in HSBC and Hutchison Whampoa balanced falls in Citic Pacific and Hopewell. "Overseas money is supporting this
      Bloomberg Business News; Source: Bridge Info  -  2,393 words
    • Article, Illustration
      634 29 CLSA IN Hongkong, the H share index gained 13.68 points at 990.45.48 on turnover of HK56.64 million. Beiren Printing, the day's biggest gainer, rose 3.7 per cent on thin trading. The Shanghai B Index closed 0.3 per cent lower in turnover of US$l.63 million. Jinqiao, down 3.4 per cent,
      CLSA  -  634 words
    • Article, Illustration
      2431 29 Bloomberg Business News TOKYO Stocks were mixed as gains in paper shares, which rose on an expected recovery in earnings, were offset by declines in high-tech issues. "The view today is mixed paper demand is strong, while there are no new incentives for high-tech stocks," said an analyst. "Everyone's
      Bloomberg Business News; Source: Bridge Info  -  2,431 words
    • Article, Illustration
      1370 29 Reuter BANGKOK Stocks ended the day lower in thin trade as selling in the finance sector cast gloom over the bearish market, brokers said. The SET Index finished 7.13 points lower at 1,309.91 on lacklustre 2.9 billion baht trade. Falls beat risers 203 to 70 with 121 unchanged. "There
      Reuter; Source: Bridge Info  -  1,370 words
    • Article, Illustration
      1034 29 Reuter JAKARTA Shares closed the day higher following late active buying in blue chip Astra. The Composite Index rose 2.84 points to close at 498.85. "Late active buying in Astra helped boost market sentiment following profit-taking in Citra Marga," one broker said. Astra rose 200 rupiah to 3,175, with
      Reuter; Source: Bridge Info  -  1,034 words
    • 2367 30 Cr Gr 1*8 LM Val Dn UmQmi D*. D6» W IM MOf lam Stm Ci ii| I J Sale W- (W) H*i Urn Bay* Ml Cw P/E lad 50c 310 *1 110 310 29* 300 310 3.0 -2J 13 111.9 127 77.S 3001 AMD* 30c SO -I 110
      2,367 words
    • 6678 30 Bloomberg Business News KUALA LUMPUR Stocks slid to their lowest point since early May after the central bank raised interest rates and tightened rules on consumer credit to rein in inflation. The KLSE Composite Index fell 11.51 points to 945.86, its lowest
      Bloomberg Business News; Source: Bridge Info  -  6,678 words
    • STOCK EXCHANGE OF SINGAPORE
      • 9184 31 [main board I MAIN WJAftP 'it Gr M Wl W" lul Vd Day Laa Quote D(» Dh YM Nil fa A»g High Lew Siao Comfy Sale (tOO) Hick hum Buyer Seller CV P/E Wl Price IN0USTR1AL AND COMMERCIAL 210 180 125* Acer 50c US 184 unch 22) 188 184 184
        9,184 words
      • 1836 32  -  By R Sivanithy SINGAPORE Three stock market indices in the region fell through key psychological supports yesterday, as prices slid further on forced selling and Bank Negara's just-an-nounced measures to curb speculative loans. In what dealers generally described as "yet
        Charts by Bridge Info; Source: Bloomberg  -  1,836 words
  • Page 21 Advertisements
    • 291 21 NEWS VALUE Bank Negara hike* interest rates, tightens credit (pg I)' Stronger ringgit should attract foreign funds, which would offset the selling by small investors. Prominent Indon businessmen take 7.8% stake in Goldtron (thispg) Counter not flying probably because there are more than 330 million shares outstanding, not counting warrants.
      291 words

  • Page 22 Advertisements
    • 238 22 r "V- it* Jt#' 1 HI -V' r |f WL r! I ii i n Willi F.scalal in<; irowi h in lhe(>old (".oast. (I'lilemiial Park is ail Investment )|>|><>riiiiii(\ Nm To lit- Missed! Tlk- l inal Phases art* I' SAI.K Ashftmrc in (.old Coast. Australia is the /ici'cr/x 11 ills
      238 words
    • 58 22 FOR.SALE Landmark building located in Brisbane's China Town, in the heart of the urban renewal area close to the CBD NLA 12,000m 2 (approx.) over 5 levels Major ground floor retail tenants include McDonalds, Subway, 7-Eleven, Baskin Robbins and The Coffee Club Opportunity to substantially increase current income Contact: Jim
      58 words

  • Page 23 Advertisements
    • 36 23 4,000 'WORKERS. t 0 BOODDORS. r m m m PP ——2,Gift) WINDOWS.*® 900 VISITORS. AND AN INVENTION THAT COULD MAKE OR BREAK I fl m YOUR COMPANY. I NOW LET'S TALK SECURITY. m i-0 CD CISCO
      36 words

  • Page 24 Advertisements
    • 8 24 SPOTLIGHTS: Comfort, Electronic Resources j GET IT NOW
      8 words
    • 359 24 Wt QMkaßm/ISM S5 Wt&SBBZZJM International Trade Fair for Management and Professional Qualification QUALIFICATION ASIA'9S YOUR KEY TO THE LATEST IDEAS, OPPORTUNITIES, PRODUCTS AND SERVICES IN TECHNICAL TRAINING AND HUMAN RESOURCE DEVELOPMENT. In today's competitive nrasufkttmng en vironment, a skilled Whether you are looking for new ways of training, or new
      359 words

  • Page 25 Advertisements
    • 99 25 State-of-the-art newness with a touch of history. An address that says you are in an absolutely prime location. This Corner of Orchard is The Heeren, at 260 Orchard Road. With 120,000 sq ft of lettable office space on 15 floors. A portfolio of features o to change business attitudes. Like
      99 words

  • Page 26 Advertisements
    • 89 26 II PRIME INDUSTRIAL DEVELOPMENT SITE Geylang Lorong 17 Within walking distance to Aljunied s MKT Station To jwrowf g aS y access to expressway Land area: 2,573.8 m 2/27,704 ft 2 WißT** Tenure: Freehold Ceylang DGP Zoning: Light Industry Tender Closing Date: l\ 31 October'9s (4.00 pm) For further details
      89 words
    • 52 26 You may have been unable to get your Businees Timee, Straits Times, Sunday Timee, LlanHe Zaobao and other deity newspepers from your usual newsstand becauee of the 11A il ii fwgner oomarxj lamy. To eneurs a daMy copy, cal Customer Services Section on 1000-740-2577, end ask tor home or office
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  • Page 27 Advertisements
    • 165 27 With a worldwide team of 125 multi-disciplined H I professionals and a network of international offices, H OCRA provides confidential and cost effective company I I formation in all the major low tax areas including: I •BRITISH VIRGIN ISLANDS -CAYMAN ISLAND I 'IRELAND •MAURITIUS JERSEY •SEYCHELLES WESTERN SAMOA I Full
      165 words
    • 20 27 As and when the latest London/ Rotterdam prices are not available, the previons trading day's closing figures are carried instead.
      20 words


  • Page 29 Advertisements
    • 92 29 I Celebrating Fish. I Let's drink to fish. BouiUabalse or Tom Yam? Top of the M celebrates fish with a lunch buffet of every imaginable iqp fish recipe. Salmon, sole, snapper, sea bass... if It can be caught, it can be cooked. And we know all the are delicious wags.
      92 words

  • Page 30 Advertisements
    • 29 30 f FXVSE' 70% of car price $55,000) *Uplo 7 years re P a y ment period No administration charges IPMHURAR •No advance instalment required rest >artia or settlement at
      29 words

  • Page 31 Advertisements
    • 89 31 SAVE AND INVEST WITH CITIBANK, AND YOU COULD WIN A GOLD COAST VILLA. Want a chance to win a spectacular villa and 10 pairs of return tickets to Brisbane in each of two lucky draws? Just call our 24-Hour CitiPhone Banking on 1 800) 225-5225 to open a deposit or
      89 words

  • Page 32 Advertisements
    • 59 32 Stock code number for QuickStock Portfolio Manager service and real-time stock info. Call 1900-913-0003 at 30 cents a minute. l rrK• r, u~i —i+ Wk??°\h r dZffW; .j 1 v 1 >.; x -Vv -iV-'T M "-U i .-v r« rH 4 r 2'Ul* i*illtillilllil i Jr >/£; i| ca
      59 words
    • 309 32 Singapore Clortng <hmn Prtc— 17/10/19*6 ciam mm low mm mii W w vh UN r6S9I MO Ul U4 LjkJ o*rs ojm o^ra fflOS 1 1 M uv uo <nNni>n»Nm»nnii«»- a!— MII Pubtafwd by Jar One Owning inter national Securities limned (Incorporated m British Vtrgm Island) Jllu "V m Ml j
      309 words

  • SHIPPING TIMES
    • 534 33 Reuter Knight-Ridder SIGNS of steadier rates and fresh enquiry for North Atlantic panamaxes gave some relief to owners but the Baltic Freight Index (BFI) continued to decline. Brokers said surplus overage capers in the Atlantic and the scarcity of firm business for panamaxes in the Pacific were persistently
      Reuter; Knight-Ridder  -  534 words
    • 327 33 SES '000 Oct 17 S$ Vol CWT Distribution 1.47 +0.01 52 Chuan Hup Holdings 1.21 -0.01 217 Cosco Investment 1.82 -0.04 50 Far East Levingston S.85 unch 118 Freight Links Express 0.72 -0.005 206 GB Holdings Ltd 0.935 -0.06 126 Hai Sun Hup Group 0.93 unch 237 Hitachi
      327 words
    • 274 33  -  By Alec Almazan SINGAPORE Total container throughput handled by the port of Singapore has gone beyond the one million mark for the second consecutive month. Figures released yesterday by the Port of Singapore Authority (PSA) show that during the month of August, the
      274 words
    • 512 33  -  Conference on Towage and Salvage By Rahita Elias SINGAPORE The salvage industry will only survive if it develops value-added services in the field of pollution defence, said Sembawang Maritime president Billy Lee. At yesterday's Asian International Conference on the Towage and
      512 words
    • 323 33 SINGAPORE Port Klang Cruise Centre, Malaysia's first cruise terminal, is due to start operations before the end of the year. This was reported by Star Cruise, which is building the terminal as a joint project with the Selangor state government. "The first
      323 words
    • 125 33 Reuter TOKYO Foreign orders for ships received by Japanese shipyards in September leapt 71.5 per cent from a year earlier to 447,950 gross registered tonnes (grt), the Japan Ship Exporters' Association (JSEA) said yesterday. "The year-on-year percentage rise seems very big but it is not
      Reuter  -  125 words
    • 873 33  -  STRAIT T—l A regular comment column on shipping events that mate tne news By Seafarer PAYING for training has always been a controversial issue in the shipping industry. There is a certain unfairness in the way the market works.
      873 words
    • 172 33 Reuter SINGAPORE Europe's Hohbond International Petrochemical Co, the first foreign firm to wholly own an oil refinery in China, aims to develop Hainan port to rival Singapore as a regional trading hub, a senior company official said yesterday. "Mideast vessels heading towards the Far
      Reuter  -  172 words
    • 194 33 UPI TAIPEI Ignoring a government ban on direct shipping between the two countries, a group of Taiwanese representatives have announced plans to lead a delegation to mainland China for talks on opening shipping links. The government of Chiayi County, central Taiwan, has
      UPI  -  194 words
    • 274 33 Reuter HONGKONG Hongkong wants to bring new operators into the container terminal business but that was not an effort to woo Beijing over the Container Terminal Nine (CT9) impasse, Secretary for Economic Development Gordon Siu said. The government was doubling efforts
      Reuter  -  274 words
    • 603 34  -  As the political mood swings against economic liberalisation, the Indian government's restrictions are causing the shipping industry to stall, reports K Balasubramanian K Balasubramanian Fairplay tN India, business and politics are inseparable bedfellows. Closely controlled by government policy, commercial development mirrors the politico E
      Fairplay  -  603 words
    • 419 34 Fairplay INDIA'S exports are booming and the country's major ports are bursting at the seams. However, because of the government's constant dithering on port privatisation proposals, the ports find themselves unequal to the task of coping with the burgeoning traffic. The country's present Five-Year
      Fairplay  -  419 words
    • 505 34 Page ABC Com 16 ANL 3 APL 12 Able 7 Accord 8 Ahlers 6 Ahrenkiel 4 Appenship 4 Arowana 15 Astro 8 Austral 9 Avant 6 B'tang Mas 8 BSA 9 BTL 16 Bangladesh 12 Batamindo 7 Bengal Br IS Blue Star 9
      505 words
    • 10029 42 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement ETA ETA Mwrtlitr Vttul Voyagt P| 52L. >,> "SS 1
      10,029 words
    • SHIPS IN PORT
      • 736 51 v— 1 Voy No Bfth Arrival Dpftuf Jl aton«s*Je 18.10/0030 U; urcL, tsis ESS it!§®§ y *5S»* llloflloo A*nx>ne 842 J8 alongside 18 10/1800 18/95 J2 alongside 18.10/2300 ££71!U 233 J12 alongside 18 10/1500 D*j F l ft jna °%95 J2 alongside 18.10/1900 Ggjkg Wonder 5/95 J6
        736 words
      • 1504 51 RECEIVING of export pcl containers and lcl cargo Record Booking/Balance Rslts SNp Voy No Etfa/Btr Pariod From To From Acx Jade 260B 19/1700 1A 17/1500 17/1659 17/1900 3 18/0700 18/1159 18/1400 4 18/1200 18/1459 18/1700 Anda ***** 20/0700 2A 17/1700 18/0659 18/0900 3 18/0700 18/1159 18/1400 4 18/1200
        1,504 words
      • 217 51 OCT 20 Guatemala: Commemmoration of 1944 Revolution. Keaya: Kenyatta Day. OCT 23 Huagary: Holiday. ladia: Deepavali. Malaysia: Deepavali date subject to change. New Zealaad: Labour Day. Siagapore: Deepavali (although Eurodollar and Euroyen contracts still expected to trade). Thailaad: Chulalongkorn Day. OCT 24 Egypt: Suez Day. OCT 25 Taiwaa:
        217 words
    • Air & Land Transport News
      • 359 52  -  Qy Alec Almazan SINGAPORE Swiss air charter company Global Aviation's Singapore subsidiary, together with China Southern Airlines (CSA), will soon be operating the first western style executive charter service based in China. The service will be operational in November and will
        359 words
      • 60 52 Reuter KYLE OF LOCHALSH, Scotland Scottish Secretary of State Michael Forsyth taking in the view from Kyleakin on Skye of the Skye Bridge which he opened on Monday. The £40 million (SsBB million) bridge has been plagued by controversy and at £5.25 to cross, it is one
        Reuter  -  60 words
      • 301 52 Reuter HONGKONG Hongkong and Australia aviation negotiators ended their latest meetings here on Monday night, a day early, but will meet again next month to resolve their air rights dispute, edging closer to an end-of-year deadline. "There were a number of ideas exchanged
        Reuter  -  301 words
      • 171 52 UPI MANILA Japan's biggest regional airline company has expressed interest to establish operations at a former US naval base converted into a Hongkong-style freeport in the northern Philippines, officials said yesterday. The Subic Bay Metropoli- tan Authority (SBMA), the agency
        UPI  -  171 words
      • 399 52 Reuter TOKYO Japan and US are taking hardline stances over renewal of their airlines' passenger routes and analysts say this could affect air cargo talks between them scheduled for November. Japan's transport ministry said yesterday that it had decided to
        Reuter  -  399 words
      • 73 52 Reuter BEIJING The east China city of Hangzhou will build an international airport with a total investment of 3.1 billion yuan (SSS2B million), the Xinhua news agency said. The airport, for both civilian and militaty aircraft, has received approval from the State Council, or cabinet, and
        Reuter  -  73 words
      • 74 52 Bloomberg Business News HONGKONG Taiwan and Hongkong will extend a landingrights agreement by a month so they can work out differences over the number of flights allowed between the two sides, Taiwan's semi-official Central News Agency reported, citing unidentified aviation industry officials. The two
        Bloomberg Business News  -  74 words
      • 84 52 AFP TOKYO Japan's Mitsubishi Motors Corp said yesterday it was considering assisting Mercedes-Benz AG of Germany in entering the Vietnamese car market. Mercedes-Benz is currently planning to produce cars and commercial vehicles in Vietnam next year. Mitsubishi Motors said it was considering painting cars for
        AFP  -  84 words
      • 77 52 AFP TOKYO Japan's Toyota Motor Corp said yesterday it would construct a second plant for its Indonesian unit, PT Toyota Astra Motor, raising annual output to 130,000-150,000 units from the current 80,000 by the end of 1998. A Toyota official, however, declined to give a
        AFP  -  77 words
      • 77 52 AFP TOKYO Relatives of 124 victims of last year's China Airlines Airbus A-300 crash at Nagoya, central Japan, will seek 20-30 billion yen (SS2BO-430 million) in damages from the airline and manufacturer, their lawyers said yesterday. It will be the biggest damages claim ever filed
        AFP  -  77 words
      • 276 52 Bloomberg Business News WASHINGTON Buoyed by recent gains in Hongkong and the Philippines, US aviation officials are planning a whirlwind tour of Asia next month to press for more access to the booming airline market of the Pacific Rim. A delegation drawn
        Bloomberg Business News  -  276 words
      • 1393 52 AIRCRAFT ARRIVALS DEPARTURES c£ mm m mm m «M Ml OKI96 1739 SQ442 2000 0*157 2020 SQ227 2030 RJ182 1440 RJ1S3 2229 MMM KL843 0999 KL832 2339 KLR37 1950 SQ328 2359 SQ323 1555 MM NZ071 1820 NZ022 1940 SQ288 2050 SQ265 2045 B M hpM BM19 0900 SQ182 0915 SQ181
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  • Page 33 Advertisements

  • Page 34 Advertisements
    • 1281 34 OTHER I NOKTH AMMBiCA CALL TO WltT COAST PCX) I WIST COAST Of CjjfTRAL AMCMCA MHWICIS) 1 f ftLfOfm itrfrwit fntft W wMI M mOK ■ocoott miß Ivotl m jwwtjrr" —I L r'i jirai] 7 ~~j,'j'[| >VM "w/m S/ii" m/iT M/iT wTTT M/iT »7i7 M/ii" it/iT 11/11 |*awouT [mm|ii/ii! m/ii|i7/ii|
      1,281 words
    • 228 34 Lines and services represented by Members of the Registry of AcaredHed Shipping Agents, Singapore National Shiooino Association. vflttP&y I MMNVIH For advertising enquiries, contact S/N|pping Times. Tel 740-2089/740-2090 Vv/V Fi'll Jijl J T Jil J ■IIiiSJIJ PH^umyyiiyaiißUiyiaa^Kr* [S'pora P-K^angLowftig For ■BUFFALO BLD RdnVAtM*JK/Mw*M ■AURORA 30/10 06/11 RdrrVAtw/UKAfartaa I'. 1 I?
      228 words

  • Page 35 Advertisements
    • 1168 35 EXPORT TO: TO: JEDPAH/UK/CONTINENT Ivissa VOY SM JO t'DA* WtUtG fHAVBI S7ON LEM ALSO ACCEPTING CARGO F0«: LA LOIRE HIS N/10 05/11 07/11 w/ii 11/11 GUSGIOW GRANGEMOUTH NBMIOYD AMfIUCA 342S 24/10 03/11 14/11 IS/11 12/11 13/11 4Mn cnirrucuiniK KDUOYDHOH6CON6 142S 27/10 12/11 14/11 10/11 10/11 PPUOTP HOMSHII 3435 31/10 10/11
      1,168 words
    • 1685 35 HANJIN SHIPPING I USA m m wh <m ~wt m tot ~im mk qi am m m ~~m rw tm w/11 i i/ii ii/ii n/ii ii/ii ii/ii ii/n li/n n/ii ii/n n/ii u/n w/ii ~i4/ii u/ii ii/n n/ii I*/11 W W 'VII M/ 11 H/11 M/ 11 M/ 11 W/11
      1,685 words

  • Page 36 Advertisements
    • 1317 36 4 a Eßf?ni!fvy?H f2 I A I A iITI A IV vf 0 iw mam IvA A v 3^BE[i^^^m^S3§MS^H 3 HSSH. WT SMttfQg JBOAH MWT SOWMfTMI WMUOt BTTHPMI jgWT Li HAW I W—tEWBS 04/141 IMB SflJ HI UU UIJ I IMWH 4V341 21/10 */l 4/11 14/11 11/11 V] '0/1 IVH
      1,317 words
    • 1384 36 I NORASIA I IMBREI VOY 55 MA ua KL VM. HAM BRE ROT ANT PEL LHA NORASIA BALTA M4l-3 I*lo 07/11 *11 IVII 12/11 IVII I*ll I*ll U/11 14/11 Wll NOAAMABB. 1642-3 2S/10 14/11 11/11 I*ll I*ll I*ll I*ll 2*ll 2*ll 21/11 2*ll b.fm turn k/ii 21/11 2*ll 2*ll ani
      1,384 words
    • 619 36 JAPAN/HONQKOMG/STRAITS REGULAR SERVICC Z LOAOINQ FOR PORT KLANQ/PENANQ VESSa VOY t'POW pbumm pu [75 3 CHUM BMW 818 «W "tjOCT~~* YAYASANTUJUH 17 MPT MOCT PWEMNBHT 1 1« OCT M OCT B<m* _i moct aOCT swtehakuyo n ami a oct ■ANOAWMSEA 1 MOCT MOCT AMWM _l MOCT >1 OCT «WW Mm
      619 words

  • Page 37 Advertisements
    • 916 37 Ipnr STRAITS SHIPPING PTE LTD .1 mKBt Mf 1i Km Cfciaai Riai #11-01 Kappal Tmn t2M Tal: *****88 Fax: *****17 sMM GffjgMf (A SERVICE OF CHINA NAVIGATION CO) ra oZ7' STUNTS HOPE WIS MOd 21M Mm. M DmM BIMm 8MP...... straits sua «we son nod kn, imm *km iomWi pccux
      916 words
    • 1925 37 mil P&O Containers scO Container* (Singapore Agencies) Pte Ltd ""^1 First Class Connections WORLDWIDE Tefc 225 2233 PT^CSP7SI7 CR N«ben *****9 ItOtZ U EXPORT IMPOfIT I" M VBMBL VOV SRI SOU ANT NOT NAM OOT Mi UN VCMB. unv AMY OOT ROT MAM mmi ■HJ M A LARS MAtRSK MlO
      1,925 words
    • 381 37 t I OUTWMJND PKL PEN JOH M M MO IN REE YtX TtK mrnHMzaimV WIWIT WW a-ani ~»W~ TTW TFW~ TjW" "Wnr "BPITI/11 I I I lliiri ouxcwemmoi MVW ~fW w* mi jyii Wll »n IMt I wMHAiriaMi 7\nf am a/n wi« 3vw~ tfc/n ~Bii Imi 1 stii ItyAi ST%|
      381 words

  • Page 38 Advertisements
    • 1199 38 v J "H a I paJ I "H 1 MIM -4'i h na M k >BI■L J I I I EU OPt/m/t6fmWitAVlA/l* WLANP/BDBBIA HuUSiAlliii WtmmlmSlAMM^M MP ROM ANW HBG TUP LHV LHV TUP ROM ANW MM PKL MP E. RIGHT RW-820 21/11 18/11 11/11 11/11 14/11 18/11 E. GLOBE RE-M1
      1,199 words
    • 717 38 MMTrnrrrT^nrTT^ PERSIAN OULF SERVICE B wssu «T $CP art 3J dmm rwr mi I KTMUA wmw ana svn aim am ami UMCONCcHT lU7WHWI 14/11 B/11 Ofll Mfll Mil UMCONCOTD 13" 024* 82"1 imi Wll *4/11 IVII Wtl Wll UM COMMA 037J-BSW HTII t*ll ail ft/11 a/11 an ait ALSO*CCtrTMFaTD(X»M.INMUM .aa«J«MOUMI.
      717 words
    • 636 38 gMCHFKLD MAMN6AOENCCS PTE LTD TEL: *****33 (12 UNO) FAX: ***** IS/*****03 TELEX; RS ***** RHMP (3 Una*) CD NO: **********06 IFT CTr i mm—m eutMflKßfltiiiiil£ wGtmwWHHm iJMMHp |r (NatkMMl Uoee of Etttopio) ACCEPTING FCL AND CONVENTIONAL Vmml Voy NTA Loadbigfer Atoyot 41WB 24/10 NMml 40WB 07/12 Dptxx* AMD, MHMM H
      636 words

  • Page 39 Advertisements
    • 1309 39 tcammtM«if fffinifl AM VVbjcowtaittzayia I UMAML' Hmmmrt &mm* M—ti th (U—r§Dtmttt MMnhi» tftrM COS TAR SHIPPING PTE LTD f "i MHS'LSSI m c-*»n* utuimu c,.t.,;, tn ounun cmunt «n;ii CllMfiiikv If74f wll/lIW COSmP C§artaUsasl 429$$$$ OX) 4 fts7ss C9mmssmmt 4tt§fM SuSFEiI '&?JV!2™ mm 2L2K2K mrnmmtm UfZtnim f- C Fnltiltll futnim
      1,309 words
    • 715 39 ®M HEUNG-A SHIPPING (KOREAN FLAG) CR MO: **********0 M JHT Ml® l ami a»_ ifZli. JiZiL M_ MIIL _sZii JSZII JMt JLOL <qffß I S5» 114/lf I|l/1f Ift/lf 111/lf 15/jH jfeMaaaaiaiataM 1 1 T mmm mm mm m w m m ac 1 »wg_ «iw s^7s—li7Tr tpTi- IT7iY h7T 57iT
      715 words
    • 590 39 I //i FAMOUS CONTAINER UNESI —80 ROBINSON ROAD, *22-02 SINGAPORE 0106 Z4 HOT UNE: *****33 (30 UNES) I WE PROVIDE I Is I Weekly Sailing DIRECT CONSOL HAIFA ASHDOD also accepting cargoes to TEL AVIV, JERUSALEM, REHOVOT BEER-SHEVA RISHON-LEZION i y Call us lor details *****33 Ken/Sylvia/Ramlah Imah/Molly P KLANQ
      590 words

  • Page 40 Advertisements
    • 1036 40 HIHHBhhhzieBIBM vtBStL *2* J* 7 VESSEL WY SM ww i*—— n#s= 55 ==r I wahabhum mbb Wd Imw ~s* 121/10 ourubhum siss tni |ib/io~ Sat 21/10 MATHU BHUM* Wad I UPt S I 21/10 WWWT 155 FH 20/10 T«. 24/10 ™AHA BHUM 14M Mon_ 23/10 Wad 28/10 M I WW*
      1,036 words
    • 969 40 79 ANSON ROAD, *21 -01, SINGAPORE 0207 CR f **********0N PORT KLAHQ PENANO «ua voy sw m vessel voy m mi SEA LAUREL 425N 19nOTHU 2010FRI DRAGON NIAS 60N 21/10 SAT 23fl0M0N 218 A IariOTHU 21/10 SAT SUSAK &£j 22/10 SUN 24/10 TUC WRO ***** 2(yiomi 22/10 SUN LHOTSS 5063
      969 words

  • Page 41 Advertisements
    • 621 41 i I BSA A, Wm, MYANMA r üBHk FIVE STAR UNE T (MynMr Natisoai Um) W Isadhf for Ym|m vissa not at ns r» ran MTOOMYWA IS4W flt a» iw n/ie MALAYSIA AGCNTI HUSIIAfi SMPPRM A6BKKS n m n-03-14)73M «L m 01-«J-I/uioi I Kit TH 11-04-li ***** pfife TE 01-07-*****11/4
      621 words
    • 930 41 f SSS&Srßfff PACIFIC INTERNATIONAL UNES (PTE) ltd I I 140 Ceci Street, *03-00 RL Building, Singapore 0106. I I CR NO: **********0E I mm vov mm emm mm aoo no mu ih ru msw aoa vU: ROTA WUAVA WJASIP 10/10 >4/10 1/11 8/11 8/11 18/11 18/11 14/11 18/11 Is KOTAiaauAa
      930 words
    • 858 41 [VESSELS VOY ~MN LEHWME HAMBURG THAMESPORT ROTTERDAM I ANTWWj "t \ALLE DESAOfTTA SIIW I*lo 07/11 o*ll I*ll IVII I*ll W-LED'AOUEA AIIW 2*lo 14/11 IVII 17/11 I*ll 3*ll MLLE DE QENSNA HIIW 31/10 21/11 22/11 34/11 3*ll 27/11 MLLEOEUTRA YIIW 3*ll 5/11 <R712 o*l2 o*ll ALSO ACCEPTING CARQO TO ALL U.
      858 words


  • Page 43 Advertisements
    • 55 43 FREIGHT SERVICES PTE LTDQ Established Since 1984 OCEANIA PORTS REGULAR QROUPAGE LCL CONSOLIDATION AUCKLAND SYDNEY IMPORT 6P EXPERT BRISBANE T MELBOURNE FREMANTLE SERVICES m i FOR BOOKING ft SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PIE LTD TOLL-FREE TEL: 1800-*****66 TOLL-FREE TEL:
      55 words

  • Page 44 Advertisements
    • 1798 44 P— M AS AGENTS: H" UNI(«HQAPORg) PTI LTD (CWWftttflJ—milTl«ttMMW73»«> TEL *****77 TELEX KAWAKJ R*****5 FAX *****167/^9 W TWT MALAYSIA: T UNI MIMTMI (MALAYSIA) MM WD TEL5A*****00PK*****75PEN*****20J*****101PGU*****256 1 NDONESU. P.T. SAHARA LAUT MTSRNUSA, TEL JKT *****08 i»oin —w AaniTA PAnnr soimi wit /Immt tmfmwtrr naanssa vot iw> ft/rw rSTI ■orwvissa vot
      1,798 words
    • 1273 44 I SINGAPORE OWOSI —m (a 110-*****W0000) ADI CUSTOMERSHVIG MS-I MS OOOWO^WIOH FAX H4+M4 I Wm GOBALUM XIS9 MA GBOALFAX Hl-MM «TwT 77&-S-065 EMU YOKE 311-MM We Carry Your Confidence TQHomw n—inA*n«w>ru—iwxvoownuwwmuwwwoß v.: IWMB/WWMi IWM I I—l-t I I ffi» I Ijj* *Sl~ \ML I Wby |«a I urc i wgg
      1,273 words

  • Page 45 Advertisements
    • 432 45 (A WHOLLY-OMAa SJBSUAAY OF NOL) a OfVMal Agsat oft (SIA AIRFREIGHT) VVOUINKC I MAIN UNE: 278 7772 WTWMT,OMI£ i WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETD BTD COLOMBO 20/10 SS/10 KARACHI SI/10 aa/10 MAMAS 22/10 24/10 CALCUTTA 20/10 80/10 CMnTAOONQ 88/10 80/10 NHAVA SHIVA 81/10 88/10 USA/EUROPE BTD BTD USA (ALL
      432 words
    • 1699 45 NedlSdUni NLL VAN NECK/5316 eta Spore 9/11/95 eta Shanghai 22/11/95 |§||fSI CM **********0 M fBH Pm(F) P*MF) Sin Pfcg Jed Sou Led Rtm Am* Hm fet, u LA LOIRE /1415 18/10 18/10 20/10 18/10(F) 09/11 11/11 05/11 06/11 07/11 tmaucc "M* Lek Phg Sle NLL AMERICA/3425 22/10 22/10 24/10 2S/10
      1,699 words
    • 343 45 K /P_ SUNSHIP AGENCIES PTE LTD 20 McCailum Street #16-01/03 Asia Chambers Singapore 0106 Tat *****22 (10 Lines) FAX: *****06 CR No.: *****8 200 OOR Y.S.N. LlNEb;|jjiii.l bmj,HU!l.l!UH.liuujj.mx4j.ilw W""" >i-a/it ?7-tvii twii 5! «m/ii n-u/n ii-ivii inyti M M-CT/11 jag P44/I1 Si &MOl HIM 2 n-ivn ~7m/ii £k_ M'SIAN AGENTS:
      343 words

  • Page 46 Advertisements
    • 1558 46 uamssmm I DIRECT CALL TO PANAMA IN JUST 25 DAYS I WEEKLY SERVICE j MATHILDE MAERSK V.9510 ETA SIN 24TH OCTOBER 1995 L I j M Vby ETA I ETD 1 DESTINATIONS L NBt*MkiwMw N«t «M* STH smNQ ■HHWffWWWiWfftSWWHnWWffWfiBWfWtWHWWCTIffiyf'WWi^B^W MAMLDE ¥9610 MAERSK LONG BEACH *9612 B1 H■■HiHiH Hi Ml CY-
      1,558 words
    • 601 46 LOAOMQ VOY SPORE I P.KELANQ* HALIFAX N.YORK NORFOLK N.ORLEANS SAVANNAH TAMPtCO HOUSTON HOEQH DYKE 0832 20/21 OCT I 29 NOV 020 EC 06DEC 12DEC 06DEC 16DEC 20 DEC HOEOHCAMN 0132 03AMNOV I 29OCT 16 DEC 19DEC 22DEC 29DEC 26DEC 02 JAN 06 JAN HOEQH DUKE 0632 26/27 NOV |21 NOV
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    • 342 46 tjQ PHI LI-OH If NT i Y** LIN€S PTi LTD TEL: *****00 (16 UNES) A FAX: *****76/*****38 GfWS CR COOB: 10M*****00H R KBLANQ 03-*****G6 iff** |BYDNE7MssoUßNrßWß3!^^^^^^^^^aOOC^*l I AUCKLAND, WELLINGTON, LYTTLETON, 22 OCT "I NAPgR, OffISTCHURCH. NEW PLYMOUTH I ROTTERDAM, HAMBURG, ANTWERP I ANO ALL INLAND DESHNATIONSWrTHM EUROPE 23 OCT *1
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  • Page 47 Advertisements
    • 824 47 ACCEPTING LCL CARGO TO Singapore DoslkaMm CFSdtkmdn Sdfap Day FIRST FORWARDER IN .Iggm ZZ^gg-r I■■ ag_ —aa r^Tr#ii 1 sr* I E5" 1 ElEu\ C@)KI r Oar staff at yarn sarvka:- i 'I Chris Ta Dtth *****64 hthinatohai. sea meow Sm/sa DID: *****5$ Te| Fax Singapore 561 1668 272 9838
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    • 936 47 2? H«7f ii* Hi! mi! 22 L,, 2*2 11,1 *n T*l« «m an an an an an w.HBP aa aa an an an mi 14.11 11.11 ir.n mh i klmgi mm aw an mm nn mm hh no homokomi<a an air an mi nn nn mam mm nn an nn
      936 words

  • Page 48 Advertisements
    • 402 48 I®. Singapore Soviet Shipping Co. Pte. Ltd. AAPIIiIIUIJIiIIIAI v CR NO: **********0N 1 BOMBAY/COCHIN L VBOOKL VOV OM MM COC r KOTA MUTIAAA MUTO7 I*lo 2*lo MBOMMK KURAMO MKION «/10 29/10 M/ 11 xoun oomm «io 23/10 #1/10 HAOLORV QLMH 2*lo o*ll (HAIPHONG SERVICE Ivdml 5w HPH ~~1 mwßawi 11SVM
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    • 121 48 Egg* SIM FAR EAST 24/10 KEELUNG/KAOHSIUNG 22/10 BANGKOK 22/10 MANILA/CEBU 22/10 JAKARTA/BELAWAN/SURABAYA 22/10 PORT KELANG/PENANG/E. MALAYSIA 22/10 BUSAN 22/10 TOKYO/YOKO/KOBE/NGO/OSA 22/10 HONG KONG SIM CHINA (+B*±B*n) 22/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE7UK 22/10 LDN/RX/LVP/SOU 23/10 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIM lISA/CANADA 23/10
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    • 411 48 STAR SHIPPING AGENCIES (S) PTE LTD mcSnSesavia GOLD STAR UNE LID SETNSMPPW6 CORPORATION TELEPHONE: *****6* (t LINES) FAX: *****70 mnomcu»gnN6) KRMO.IMH*SWOM} N. AMOKA/CARMiAN SB VICES w*bvs*a« mm Ivor m |«MW 111 gT MV wn m bii—i n ii/ii luwmozti n/u i/if »/i* 7/11 */it WHO MM— na 17/11 LHMM 1/1*
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    • 704 48 II VESSEL VOY SIN^IIAASI!^! H TIGER BAY 375N 20-21/10 25-29/10 02-04/11 I TIGER CAPE 378N 23-24/10 29-01/11 06-07/11 I TIGER ISLAND 377N 2S-2&10 01-06/11 06-11/11 I TIGER BRIDGE 378N 30-31/10 06-o*ll 13-14/11 I TIGER BAY 379N 02-04/11 08-12/11 16-I*ll I TIGER CAPE 380N 06-07/11 12-I*ll 20-21/11 I VESSEL VOY SM
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    • 162 48 mgm m m fmh mbj m ma irri' Mimuia* StT S/fi H/tl ivii wtr chhoukw 5rT ~wn wn ivn r/ti M/u, Mwawim *yn ivii iT/it tvii I EUEH NUM W IVI2 IVII Ml (Ml Ittl I*l ¥U AucMWK) «l mi m mm an m. m. 1 «wm>nu grw >y» wn
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  • Page 49 Advertisements
    • 1417 49 lIESS—— pull eoNTAMam service men mm to madiui VUSSUVOY ETAMN ETA MAA MA OAAOON VOAQO7S W POMT 23-14/10 KOTA MACHAN V.MAC97S 20-21 HO 2S-M/10 TIOER BAY V-171N Ml/10 2S-2S/10 PRAVWNSK V2S 23-21/10 27-2S/10 TIGER CAPE V.37SN 23-2VIO 2S-2VIO PRAVOMSK V2S 24-2S/10 2*40/10 ■J KOTA JAM V 037 27-2*lo 01-BVII TWER
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    • 106 49 REGULAR SBttAPORE/VgTBAIISBtVICE vests wr» in n» bcsihokm NOMFHff l/fi MPT n/H ¥—BHSCFOtT/IBU—I J •MMMO 4/IS Birr IS/11 WHWBHWWNi ■WW 1 m 25/10 11/10 fOOWB agents- IMKOV SHIPPING CO PTE LTD BUTTON WLL WtfMK *****7 THj *****73 FAX; *****85 caw.miMiisa i I MALDIVES wraiY 10/fq savw S FtOB POUHb/POIT KIAN6 ApHc
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  • Page 50 Advertisements
    • 563 50 SINO EXPRESS SHIPPING (PTE) LTD. V M W I 11 COLLYER QUAY #0«-01 THE ARCADE SINGAPORE 0104. TEL: *****90 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI 3*PORE HKQ SHAJ VESSEL VOY ETA ETD ETA ETP ETA ETP 9545/9546 21Z12 25ast 27/10 ac/io 01/11 J. FASTER
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    • 664 50 gSHMLKON I AlNer LiNßitiNCjl A»«nU: MAC4IELS SPORE: *****22 (24 UWE») kucwmepm»«9«l3o -K'A" J SBU: (064) *****9 U*m (011)*****a I V POiANQ: (04) *****9 BAMOKOfc (992) *****97 SURABAYA: (31) *****0 P KELANQ: (03) *****77 JtCT: (21) *****07 HON: (61) *****3 BAfOUNQ: (22) 480— I ASIA HKG/TWN/BKK GENOA/EUROPE I i |Sj 0
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    • 184 50 iff MFL SHIPPING (INTL) SSSff PTE LTD SUBSIDIARY OF HAI SUN HUP GROUP FCL/LCL CONSOLIDATION SERVICES i Hj MOT LINES: *****42/345 VESSd VOY HA (SIN) DESTINATION ASIAN OUUENGQI ***** 22/10 INGO ",i v-i ri WAM HAI 223 NOl7 22/10 HKG/KEI/KAO SEA RANGER 410 23/10 TYOAOK/OSA Z API KOREA 02E 24/io~lii(G
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  • Page 51 Advertisements
    • 128 51 MHKAPAL KRIS Shipping Pt* Ltd 701DUXTON ROAD, 5%*rM9529 fcfc *****76 Fuu *****77 CI HO. KUCHINO I fsiiu] VBSa VOT CTDSKW VKSft VOY ETDSPOCi lUNGAIUUNG f541 11.10.1W5 KftSMBUII 9SS9 *****99S lUNGA ItfUNG 9543 2410im UtSMCIUII 9541 31.10.199S KtISMADUtA 9513 27.10.199$ vissa vot rmsratf vissa vot tospom lUNGA rQIAGA 9543 20.10.1995 MMGAfBIAGA
      128 words
    • 77 51 NIPPON EXPRESS (WofWwid# Consolidation Syst«m) HXED WEEKLY DEPARTURE ARRIVAL TO Arrow U.SJk. lIRynRVI- insiQtfOH EVHY MONDAY iHAllßiSiiiH eta long reach (VERY THURSDAY ETACHKABO (VERY TUESDAY Arrow Europe (17 DAYS TRANSIT ONLY) HD S'PORI EVHY SATURDAY ETA FHiXSTOWE EVHY TUESDAY ■TfflTTSfflH ETD STORE EVERY THURSDAY ETA ROTTERDAM EVERY SUNDAY Also o«spring
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  • Page 51 Miscellaneous
    • 128 51 _j REGIONAL WEATHER LEGEND: R Thunderstorm Temperature V Shower Weother -V Wind <Srect>on with speed in knot* J* ee Rom (J Cloudy Sky w °ve height Serf.ce winds or* mdkoted by nrrows wMdi fly with Hie wind Cl) On« hJ circle represents cotm or ight and variable wind* 1_» One
      128 words

  • Page 52 Advertisements
    • 38 52 THE NAME FOR CRANES LIEBHERR SINGAPORE PTE LTD, HHP 1 8 PANDAN AVENUE M SINGAPORE 2960 < Bk Telephone 860 8305, Fax 861 6485 LET ME BEAR YOUR LOAD g Two Freighters Weekly To INDIA Bombay-Delhi-Bangalore-Calcutta M fl/Sgi VWf'ffSSqr*rmff
      38 words