The Business Times, 19 October 1995

Microfilm: NL20030
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times MITA(P) 194/12/94 Thursday October 19 1995 WE KNOW ASIA 85$
    12 words
  • Article
    Lock icon Dow down 1.45 points
    64 1 Knight-Ridder NEW YORK At 2pm EDT, the Dow Jones Industrial Average was 1.45 lower at 4,797.39 but the broader market was higher as investors bought shares on the back of firm earnings reports. Declines on IBM, Caterpillar and Philip Morris, which all announced results on Tuesday,
    Knight-Ridder  -  64 words
  • Article
    Untitled
    149 1 Wednesday Chaage ST1I 2,104.89 +5.51 KLSEComp 946.72 +0.86 Nikkei 17,895.97 -20.63 Hang Seng 9,973.70 -59.23 SETIndex 1,298.43 -11.48 Jakarta Comp... 499.48 +0.63 Manila Comp 2,633.19 -5.63 Taipei WPI 5,033.07 -47.93 Seoul Comp 1,006.7 +0.92 Bombay BSE30 ...3,567.45 -1.41 CLSA China B S17.41 -1.65 AustAUOrd 2.111.4 +2.9 FTSE 100 3593.0 +30.8
    149 words
  • Article
    CAD probes possible criminal offences by senior Barings execs
    623 1  -  Conrad Raj SINGAPORE The Commercial Affairs Department is investigating possible criminal acts by senior executives of the Barings group following a report by the Singapore inspectors appointed to determine how and why Britain's oldest merchant bank went bust. CAD head Lawrence
    623 words
  • Article
    SFO unlikely to act on basis of report
    211 1  -  Fm Neil Behrmann THE UK Serious Fraud Office (SFO) is unlikely to prosecute Peter Norris, chief executive of Baring Investment Bank, and other Londonbased senior executives of the collapsed bank on the basis of the Singapore inspectors' report. An official of the
    211 words
  • Article, Illustration
    Lock icon Shell plans to redevelop huge Paya Lebar site
    582 1  -  By Lilian Ang SINGAPORE Oil giant Shell plans to redevelop its Upper Paya Lebar Road sports club and an adjoining petrol station into a huge commercial and residential project. The Anglo-Dutch group's surprise decision comes at a time when tough market conditions
    Photo by Chris Loh  -  582 words
  • Article
    Yahaya Ahmad to pay M$1.7b for 32% Hicom stake: sources
    400 1  -  From Ho Kay Tat BUSINESSMAN Yahaya Ahmad is buying a 32 per cent stake in industrial giant Hicom Holdings Bhd from the government for over Msl.7 billion (***** million), sources said yesterday. The purchase will make Mr Yahaya, 47, Malaysia's
    400 words
  • Article
    Major chip makers plan new investments in S'pore
    478 1  -  Tech Semi to build third wafer plant SGS-Thomson Microelectronics to boost capacity or David Mok SINGAPORE The government's plans to boost high-val-ue added semiconductor manufacturing in Singapore is off to a flying start, with major players revealing plans for new investments here,
    478 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Growth in loans continues to slow
        319 2  -  By Shiv Taneja BANK LOANS to non-bank customers continued to register slower growth in August, despite a slight pick-up in loans growth to professionals and private individuals. According to the latest data from the Monetary Authority of Singapore, loans at the end of August
        Source: MAS  -  319 words
    • Article
      YHS faces Ng Teng Fong in URA residential land tender
      522 2  -  By Abdul Hadhi IN AN uncanny turn of events, Yeo Hiap Seng Limited (YHS) yesterday found itself competing with its major shareholder Ng Teng Fong's Far East Organisation for three of four residential sites in a government land tender. The
      522 words
    • Article
      Samsung likely to invest US$2b-$3b in region
      331 2  -  Jennifer Lien SOUTH Korean conglomerate Samsung expects to invest US$2 billion (Ss2.B billion) to US$3 billion in the Asia-Pacif-ic region over the next five years through its new regional headquarters in Singapore. The group is aiming to more than triple turnover in the
      331 words
    • Article
      4 Toa Payoh block residents give nod for en-bloc scheme
      296 2 THE government will implement the selective en-bloc redevelopment scheme (SERS) for four blocks in Toa Payoh after 98 per cent of the affected households showed their approval in a grassroots survey. At a briefing yesterday, National Development Minister Lim Hng
      296 words
    • Article
      S'pore Art Museum expects 150,000 visitors in first year
      241 2 AFTER two-and-a-half years and $30 million, the former St Joseph's Institution (SJI) in Bras Basah Road has been transformed into the Singapore Art Museum (SAM). Built in 1867 as a school for Catholic boys, the 10,000 sq m museum will showcase
      241 words
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      35 2 I<& tftt A For Reservations A (Zt'G&M Tel: *****12 /13/ 14 AMm*wfFwßmiOrsmluM»m Fax i(65 *****66 t» a s?m y-'^^H T H I 300 Orchard Road #01-06 The Promenade Tel 735 9377 OLAIttOURETTE croup o» SHOPS
      35 words
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      32 2 r?® 1 ,i v-» *v k -5 v t f\/ /§sf *~.^*C4^y *a .Jr^- «ti rzT* w 1 Jiu J<4-* c jy«J£?4BQIC3QL •.j frj.rfiun^ *<?■* ji ''r j|^* INVESTMENT BANKING. FROM A TO
      32 words
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  • BARINGS: THE SINGAPORE REPORT
    • Article
      BOE report downplayed roles of Norris, Bax
      743 3  -  Catherine Ong {THE Bank of England's (BOE) 'accounts of the events surrounding a $115 million discrepancy in Baring Futures 'Singapore's books appear to have downplayed the roles of Peter Norris and James Bax in the matter. In comparison, the Singapore inspectors' report released
      743 words
    • Article, Illustration
      Lock icon Farewell party cancelled
      347 3 SINGAPORE A farewell champagne party planned for James Bax, managing director of Baring Asia-Pacific, was abruptly cancelled on Tuesday by the release of a report by the Singapore inspectors on the collapse of Barings pic. The 183-page report by government-appointed inspectors from accountancy firm Price Waterhouse contained
      Photo by Chris Loh  -  347 words
    • Article
      Barings' luckless ***** account
      382 3  -  Paul Leo SINGAPORE The collapse of Baring Futures Singapore can be traced to one account ***** in which Nick Leeson concealed trades from the Singapore International Monetary Exchange (Simex). As noted in the inspectors' report on BFS, "account ***** consistently sustained losses" and "the astronomical escalation
      382 words
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  • SOUTH-EAST ASIA
    • Article
      Italian-Thai joint venture to set up 300m baht motorcycle plant
      498 4  -  From Loh Hui Yin inBANGKOK ITALY'S Caviga group has teamed up with Thai investors, including Prime Minister Banham Silpa-archa's daughter, Kanjana, to set up a 300 million baht (5517.14 million) plant to produce motorcycles here. Ms Kanjana, whose family's core
      498 words
    • Article
      Lock icon Indon group wins huge Cambodian logging deal
      244 4 Reuter PHNOM PENH An Indonesian conglomerate, the Panin Group, has been awarded a logging concession covering almost I.S million hectares of forest in north-east Cambodia, a local newspaper reported. Cambodia's Council of Ministers on Sep 12 formally approved the Panin proposal to exploit
      Reuter  -  244 words
    • Article
      Lock icon Critics slam Jakarta's communist bashing
      229 4 AFP JAKARTA A wave of speeches by government chiefs here warning of a Communist revival has been slammed by independent public figures here as a bid to distract the public from Indonesia's real problems and quash dissent. Communism was outlawed in Indonesia in 1966, along
      AFP  -  229 words
    • Article
      Lock icon Philippine Senate to probe Westinghouse settlement
      264 4 AFP MANILA The Philippine Senate is to investigate the government's US$lOO million (SSI42 million) out-of-court settlement with Westinghouse Electric Corp over an unused nuclear plant built by the US firm, a senator said yesterday. Senator Alberto Romulo, who has described the deal as too
      AFP  -  264 words
    • Article
      Lock icon UK trade team in Cambodia
      54 4 Reuter PHNOM PENH A 10-member delegation of the British C hamber of Commerce in Thailand flew into Cambodia yesterday on a four-day fact-finding trade mission. The delegation includes top business representatives from British companies such as Allied Walker Distributors Ltd, Barclays Bank pic, and the
      Reuter  -  54 words
    • Article, Illustration
      Lock icon Looking at the sun
      65 4 AFP KUALA LUMPUR Public relations executive Vivien Quah demonstrating the use of the solar eclipse viewer, which blocks out 99.9 per cent of the sun's rays. Manufacturer Royal Selangor International, Malaysia's leading pewter company, is hoping the viewers will be snapped up, ahead of the total
      AFP  -  65 words
    • Article
      Lock icon Manila gets US$26m ADB loan
      98 4 Reuter MANILA The Asian Development Bank (ADB) yesterday said it was giving a U5525.9 million (5536.7 million) loan and a U*****,000 grant to the Philippines to improve its primary health care. The ADB said the loan will help upgrade basic health facilities, develop and implement
      Reuter  -  98 words
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      167 4 A WELL BALANCED BUSINESS LUNCH /eg Two or three course business lunches with tea or coffee from $15.50. olio dOme n The art of fine food, coffee wine continues at 02-00 Picture House 6 Handy Road, Singapore. Telephone: 339 8511 Next to the Cathay building Open till law, 7 days.
      167 words
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      226 4 BUSINESS TIMES LIFESTYLE EXCLUSIVE ENTJtY COUPON T I There are two parts to the contest. Please complete both parts. PARTI The passage below is about turbocharging. Just fill in the blanks using the jumbled words below: (lydiccnr, ulcf, bnricut, yxegno, opewr, boutr-alg) The Saab Turbo Engine Power on Tap A
      226 words
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      279 5 I I --'At ;N t f% ui B ■HPT BV-\ 'hlugilkfd' |t\\9Y' S NEW -«L- "^B SIMPLY SPECTACULAR JR^SRfIMH iiSM !I •i '.'if ]B|i§Bg^Bß ■^■l^i^f! jr. i s .^^HBB^I^^HHBHKf M g nueal bywould renowned aktvt frank stelia 1 ff« '-r-'iii 111 BMMBwaiigWßl^^^M -T-" i*|| 8 MBgf "jjgiijf!2*'"jj|j YOU'LL FIND THE
      279 words
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      Page 6 Advertisements Column 1
      1094 6 G credito italiano group HEAD OFFICE: MILAN (ITALY) CREDITO ITALIANO SPA SINGAPORE BRANCH 80 Raffles Place, #51-01 U. 0.8. Plaza 1, Singapore *****4. Consolidated Balance Sheet Consolidated Statement of Income As at December 31,1994 As at December 31,1994 (millions of Italian Lire) (millions of Italian Lire) 12/31/94 12/31/94 Assets Interest
      1,094 words
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      Page 6 Advertisements Column 2
      283 6 TOLL—FREE TEL. No. 1-BQO-741-IBQ3 FAX:74I-I^>« NOTICE NOTICE IS HEREBY GIVEN that, I FAN SHEE SIN of Apt Blk 3 Marine Terrace #20-284 Singapore *****8, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Wing Huat Mini Mart located at 305 Tanjong Katong Road Singapore *****8,
      283 words
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      Page 6 Advertisements Column 3
      692 6 i BDNI lANK OAOAM NAaKMM. MXMOU PT BANK DAGANG NASIONAL INDONESIA (Incorporated with limited liabilities in Indonesia) Cayman Islands Branch U5533,000,000 Floating Rate Negotiable United States Dollar Certificates of Deposit Due 19 April 1996 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for
      692 words
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      Page 6 Advertisements Column 4
      293 6 HTY ENTERPRISE A SERVICES PTE LTD (la MeabaT Votaatary Wiadu«-Up) NOTICE Of FINAL MEETING NOTICE IS HEREBY <HVEN pataaaal to Sectua X* of Ike Ctfiii Act Cap. SO thai the Fiaal Oeaeral Meetiag of ike Memben of ike ttmmmt* Coapeay will be heM al tkc office of Mean Oaf Teh
      293 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Brown leaves Beijing with aims met but no firm deals
      469 7 Bloomberg Business News, AFP, Reuter BEIJING US Secretary of Commerce Ronald Brown wrapped up his three-day visit to Beijing yesterday afternoon, leaving behind an after-glow of warmer bilateral ties but no immediate gains for US companies. Mr Brown submitted a
      Bloomberg Business News,; AFP,; Reuter  -  469 words
    • Article
      Lock icon Taiwan President says Chinese summit offer will be closely studied
      271 7 AFP TAIPEI Taiwanese President Lee Teng-hui said yesterday that an offer from Chinese counterpart Jiang Zemin to hold a historic summit would be closely studied. Mr Lee told the ruling Kuomintang central standing committee that he was aware of the
      AFP  -  271 words
    • Article
      Lock icon China outlines state firm reforms
      130 7 Reuter BEIJING In its reform of state firms in 1996, China will encourage bankruptcies and mergers and move to a system in which money lent by the state to a company will be changed from a debt into an investment, the Financial News reported. One
      Reuter  -  130 words
    • Article
      Lock icon China's retail sales up 25.8% as inflation cools
      120 7 Bloomberg Business News BEIJING China's retail sales are rising as inflation cools, according to State Statistics Bureau figures. Retail sales in September grew at 25.8 per cent year-on-year, down from a growth rate of 27.3 per cent in August and 29.7 per
      Bloomberg Business News  -  120 words
    • Article
      Shanghai plans to reclaim status as economic centre
      416 8  -  Official's remarks come amid fears that city will replace HK as financial hub FroM Quak Hiang Whai in SHANGHAI THE Chinese government plans to develop Shanghai into a major international economic and Financial centre in the western side of the Pacific in
      416 words
    • Article
      More Beijing offices to be sold to S'pore buyers
      249 8  -  From Quak Hiang Whai in SHANGHAI BEIJING Junefield Real Estate Development, which sold over 130 office units of its Junefield Plaza project in Singapore earlier this year, will release another 60 office units this weekend. Officials from parent company Junefield Holdings
      249 words
    • Article
      Lock icon China to cut rebates for exporters
      278 8 Bloomberg Business News BEIJING The Chinese government will cut by more than a third the rebate it is supposed to pay most exporters because of cash shortages. The State Council, China's cabinet, said in a circular yesterday that, starting on Jan 1, 1996, most
      Bloomberg Business News  -  278 words
    • Article
      Lock icon Singapore is biggest Asean investor in Tianjin economic zone
      251 8 Bernama TIANJIN Singapore emerged as the biggest investor from the Asean region in China's Tianjin Economic Technological Development Area (Teda), which boasts an annual sales volume of US$3.5 billion (554.97 billion). Among Asean countries, Singapore was tops with 68 enterprises and
      Bernama  -  251 words
    • Article
      Lock icon China plans to build 4 new N-plants
      116 8 Bernama-Xinhua BEIJING Four new nuclear-power plants with eight generators will be built in China during the ninth five-year plan period (1996-2000), according to the China Daily yesterday. The paper quoted a senior nuclear official as saying that by 2020, the country's total installed
      Bernama-Xinhua  -  116 words
    • Article, Illustration
      Lock icon Future Foreign Ministry building in HK
      52 8 Reuter HONGKONG The director of Xinhua News Agency in Hongkong, the de facto Chinese embassy here, Zhou Nan (left) in a light moment with Chinese Vice-Foreign Minister Jiang Enzhu, in front of the future Chinese Foreign Ministry building in Hongkong at its ground-breaking ceremony
      Reuter  -  52 words
    • Article
      Lock icon Taiwan may cut bank reserve ratio
      102 8 Bloomberg Business News TAIPEI Central Bank of China governor YD Sheu told legislators there is a possibility bank reserve ratios could be cut for a third time this year. "We are still evaluating when to do it. The main reason is because the bank
      Bloomberg Business News  -  102 words
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      338 7 I i*. l r v 7 I •V,f. orti9" r* f«iBMHBMgMHBaHMg W— Have Singaporeans forgotten the art of self defence? I Judging by the local popularity of kung-fu movies, the answer would seem to be no. The Vento above can provide a family of five with the most protection in
      338 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      11 8 4>TAN CHONG k SONS MOTOR CO.,(S)PTE. LTD. YOU COME FIRST I—IJIL-L-MJI
      11 words
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      Page 8 Advertisements Column 2
      65 8 AIBTPAtT MA.K.TEMAM/-C .TV This fadHty b located in the Sydney area and has approval for servicing of all light aircraft up to Cessna Citation. Has piston engine and Component Overhaul workshop as wet. Turnover in excess of $2 million pjL Ideal opportunity for investment. Owner setting due to W health.
      65 words
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  • ASIA
    • Article
      Lock icon Steady fall in Japan trade surplus to continue, say analysts
      443 9 Reuter TOKYO Japan's vast trade surplus dropped steadily in the first half of this fiscal year, marking the third consecutive half-year decline, and analysts said the downward trend should stay intact in coming months. The surplus dropped by 5.1 per
      Reuter  -  443 words
    • Article
      S'pore investors in Aussie deals
      286 9 SYDNEY Singapore investors have featured prominently again in property deals in Melbourne and Brisbane. In Brisbane, Singapore businessman Ho Whye Chung made news with his purchase of the Wintergarden-Hilton complex for Asllo million (Ssl 18 million). Mr Ho is a property developer who controls Singaporebased
      286 words
    • Article
      Lock icon S Korean mayor held, triggering charges of foul play
      253 9 AFP SEOUL Prosecutors yesterday arrested the mayor of a provincial capital amid charges that the ruling camp was cracking down on a new opposition group led by veteran South Korean politician Kim Dae-Jung. Lee Chang-Seung, mayor of Chunju City, was arrested
      AFP  -  253 words
    • Article, Illustration
      Lock icon Rock fight
      50 9 Reuter ULURU, Australia Tony Tjamiwa pictured next to Uluru rock (Ayers Rock) in Australia's Northern Territory on Tuesday. A local aboriginal community has threatened to baa visitors to the world famous tourist attraction unless it received more money from the multi-million-dollar industry revolving around the famous landmark. Renter
      Reuter  -  50 words
    • Article
      Lock icon N Korean bid to infiltrate led to fatal shooting: Seoul
      196 9 NYT TOKYO US and South Korean forces concluded on Tuesday that an attempt by the North Korean army to infiltrate the South spurred a shooting incident near the Demilitarised Zone, and they agreed to protest jointly to Pyongyang, a US
      NYT  -  196 words
    • Article
      Lock icon Japan's GDP growth seen at 1.2% this year
      165 9 Reuter TOKYO Japan's real gross domestic product is likely to grow 1.2 per cent this fiscal year ending Mar 31, 1996, and 1.7 per cent in 1996/97, a report by Fuji Research Institute Corp said yesterday. The private research firm forecasts a
      Reuter  -  165 words
    • Article
      Lock icon Aussie consumer confidence down
      68 9 Bloomberg Business News SYDNEY A widely watched measure of consumer confidence in Australia fell 2.6 per cent in October, its fourth sucdfcssive monthly decline. The Westpac-Melbourne Institute index of consumer sentiment dropped 2.7 points to 100.2 points this month. At 100 there are equal numbers of
      Bloomberg Business News  -  68 words
    • Article
      Lock icon Call for visa-free travel
      70 9 Reuter SYDNEY The Australian tourism industry and its big Japanese clients called yesterday for visa-free travel for Japanese tourists to Australia, amid signs that the country's biggest tourism market is flattening out. In a joint statement issued in Tokyo and Sydney, tourism industry leaders from both
      Reuter  -  70 words
    • Article
      Lock icon Aussie 1995/96 budget surplus cut
      63 9 Reuter CANBERRA Australia's 1995/96 budget surplus has been cut by opposition moves in Parliament, but remains intact, Finance Minister Kim Beazley said yesterday. The (opposition) Liberals have royally done over that budget surplus... in the activities that they've pursued in the Senate and they've obviously
      Reuter  -  63 words
    • Article
      Lock icon It's federal rule for Uttar Pradesh
      99 9 AFP NEW DELHI The Indian government yesterday slapped direct federal rule on the country's most populous state, Uttar Pradesh, where a minority government quit a day earlier after losing crucial legislative support. Officials said direct rule was imposed in the state, where Chief Minister
      AFP  -  99 words
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      57 9 JUill f| J JxibifKfMffiffl|Vw'lMLtiißgHi MM M jf m W Mi' S t /w K I ~"?v. i vt' im\ IJr 1 I L''»' n i ii' >I Iff T »MMW|WHPiiIWBBB^WB^IJW-- l J l 'JiPA*llll. ff!fJ w *'.W.! 3-. •> l Aj! MMaW||BMHMffl|B^aHWi«BaWgl M lllHKl^MMß|MW^Bi^" r- rt ''WsmA'^^^SSBKSfSSSSKS^^^--i I Ummmm ->
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      Page 9 Advertisements Column 2
      7 9 At last a Uttk cheer, Pg 13
      7 words
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      1227 10 Budweiser ~„,r nr I iTtmY/rn n ICll I zf&ZLu. WHERE to wine, dine and entertain E wonuxsywoesT SELLING KER E i Wi ft«v MyK \T »ot*x*M»on^mo^^^a^ mUM M wmi All You Can Eat Mezvntne Floor A generous selection of Hong Kong Tim Sum like Char Siew Bao, Shark's Fin Dumpling
      1,227 words
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      Page 10 Advertisements Column 2
      275 10 <y= I Jaticy Heijinfi? I Then, we're deGghted to suggest the Pine Court for a metnoruble dining experience. Out lunch menu offers variety of Han V" fifing dumplings, a selection of ||L||J set menus, end 'Beijing specialities MjKVP suck es "Beijing 'BaHfd Tench end u Marinated Lamb. J anas some
      275 words
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  • LIFESTYLE
    • Article, Illustration
      The mother of all book fairs
      828 11  -  Yang Hanzhong drops in at some Singapore stands at the Frankfurt Book Fair Yang Hanzhong The writer is a freelance journalist who contributed this article to Business Times j I UST one word sums I up the 47th Frankfurt Book Fair (FBF) that ended
      828 words
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      Page 11 Advertisements Column 1
      557 11 IN THE MATTmOr THE COMFANDES ACT, CAP. M AND INTHBMATTOOr BRETON INVESTMENT PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDOKHIT At aa Extreordiaary Pleural Meeting of die Members of the abovenamed eomftmy. duly coaveaed and held at SO Marine Parade Road, #18-05/09 Parkway Parade Singapore *****9 on IMb October 1995
      557 words
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      Page 11 Advertisements Column 2
      263 11 TQL^?RE^El^N^l^oCTsri^^^PAx!Tn-155e NOTICE IS HEREBY GIVEN that, I, HO WAH HENG of Blk 113 Simei St. 1 #08-658 Singapore *****3, have applied for a Public House First Class Licence in respect of M/s Borshch Steakhouse located at 58, Serangoon Garden Way Singapore *****4, and that this application will be considered in
      263 words
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      Page 11 Advertisements Column 3
      27 11 For P stories, <! 0* quizzes Y K songs, > call r £hildren'^) Y> h Funland P m J> I^o-910.000^ i«s p J> cents Q s o a minute.X
      27 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      840 11 This 1972 fund-raising show ft AC for the handicapped was Len- j H yfMJtr non's last live performance. I the that the Lumiere brothers in- jHr Jjr cinema, but Americans mw B j |Mi)r WKL Dickson opened a mo- V' Wr A sleazy womaniser (Perry V as a woman who
      840 words
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  • THE LAW PAGE
    • Article
      Call for reforms to limit liability of professionals
      434 12  -  Soh Tiang Keng reports on an issue that is a liability to accountants Soh Tiang Keng THE president of the Institute of Certified Public Accountants of Singapore, Tan Boen Eng, yesterday called for legislative reforms in this region to limit liability of
      434 words
    • Article
      Nair's team makes clean sweep of Law Society
      346 12  -  AT THE- 5^ By Conrad Raj A CLEAN sweep of an election is something to wish for. Law Society president Chandra Mohan Nair appean to have achieved just that, for he and all his fellow committee memben who put themselves up for
      346 words
    • Article, Illustration
      Academy of Law to hold conference and exhibition next month
      388 12  -  Seminar will assess legal changes over past five years, Diana Oon reports Diana Oon THE Singapore Academy of Law will organise two events next month a conference reviewing the judicial and legal reforms in Singapore between 1990 and 1995, and
      388 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      111 12 I I V rTHAI OFFERS THE MOST CONVENIENT RETURNS FROM BANGKOK TO SINGAPORE. With four flights daily to Thailand's vibrant capital, we offer you the most convenient schedule. From 29 October, our flights depart Singapore at a B:3oam, I:ospm, 7:25pm and B:sspm. Plus four flights back to Singapore, arriving at
      111 words
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  • Article
    Playing politics with Asia
    531 13 WELCOME though it is in essence, Australian Prime Minister Paul Keating's ringing affirmation of his country's manifest destiny, at the anniversary dinner of the Australian Chinese Forum of New South Wales, only served to highlight the fact that an Asian future is still not a settled
    531 words
  • Article
    Lock icon Save those who can be saved
    310 13 The Straits Times Oct 18 CHIEF JUSTICE Yong Pung How must have surprised many Singaporeans by saying last week that rehabilitation was something that he had "never understood". The implication of the remark cannot but cause concern to those who see justice not only
    The Straits Times Oct 18  -  310 words
  • Article
    Down the franchise path
    136 13  -  Berita Harian MOST Malay entrepreneurs are in retail or import-ex-port businesses. In the face of stiff competition from domestic and international rivals they have to upgrade. Franchising seems to be one of the best afternatives. Yet, only a handful of Malay businesses are willing to go
    136 words
  • Article
    Sino-US priorities
    217 13  -  Lianhe Zaobao THE COMMENTS made by President Jiang Zemin in his interview with the Washington Post, Newsweek, and VS News and World Report reveal what will be on top of his agenda when he meets US President Bill Clinton. Mr Jiang has stressed that China-Taiwan ties are an
    217 words
  • Article
    Lock icon Focusing gratitude
    89 13 Philippines Today Oct 16 OKAY, OKAY, let us not grovel too much in gratitude. And let us focus our gratitude more sharply. The man to thank is the President of the United Arab Emirates, Sheik Zaid Ibn Sultan Al-Nahayan, who by the account of a son of the
    Philippines Today Oct 16  -  89 words
  • Article
    Lock icon Worthy choice
    160 13 Bangkok Post Oct 17 THE NOBEL peace prize has gone to tireless campaigners for nuclear sanity and disarmament. It was a worthy award. The idealism, common sense and morality of Joseph Rotblat and his Pugwash conferences on science and world affairs are indisputable. The world hears often from
    Bangkok Post Oct 17  -  160 words
  • Article
    Lock icon Public transport costs
    170 13 Republika Oct 17 PUBLIC TRANSPORT rates in Jakarta have again become a subject of public discussion. Public response arose after the transportation companies in Jakarta requested, through their association, Organda, that the government allow them to raise the tariffs. The increase, according to Mr Organda, is very
    Republika Oct 17  -  170 words
  • Article, Illustration
    Lock icon At last a little cheer
    993 13  -  Government's latest boost may do the trick for Japan's economy, says William Dawkins William Dawkins FT Hiroshi okuda, president of Toyota, Japan's largest carmaker, is for the first time in many years expressing optimism about the Japanese economy. The country, he believes, is starting to
    FT  -  993 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      472 13 fl Th e Nanyang Business School offers both undergraduate and postgraduate degrees in I I Accountancy and Business. It hashighly trained faculty with extensive business and professional I I experience. Many of the School's faculty members obtained their Ph.D degrees from I internationally renowned universities in the U.S., Canada, U.K.
      472 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      84 13 —-n (i KNOWTo I so rapidly IN TON &RIST&J —f HATE TO SAY T J tut TWENTIETH C£NTUI?Y le= jSa.BOT too HAVE POT YEARS ON MY iff P a T"" vC \>>FE J I Wm- 11 J C AMOCUTtO LTO„ f ttM ttf *A-> 9* 44 DOONESBURY GARRYTRUDEAU Lf PI
      84 words
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  • Article
    Bank Negara pushes Klibor to 6.7%
    498 14  -  Analysts expect commercial banks to raise BLR over next several weeks Fron Ho Kay Tat BANK Negara cranked interest rates up further yesterday, pushing the benchmark threemonth Kuala Lumpur InterBank Offer Rate (Klibor) to a near two-year high of 6.70 per cent, up from
    498 words
  • Article
    Fed offer likely to cut Japan rate premium
    521 14  -  Ftm Anthony Rowley in TOKYO THE US Federal Reserve's offer to provide Japanese banks operating in the United States with emergency liquidity if they run into difficulties is expected to result in a reduction in the premium or "Japan rate" that many
    521 words
  • Article
    Lock icon Shareholders plan to sue Daiwa Bank for US$1.1b
    172 14 Bloomberg Business News TOKYO Daiwa Bank Ltd's shareholders are planning to file a class action lawsuit against the bank's management seeking damages of USSI.I billion (S$ 1.56 billion) on the grounds that the bank's inadequate supervision led to bond trading losses of
    Bloomberg Business News  -  172 words
  • Article
    Lock icon US trade deficit down 21%, but imports from China soar
    432 14 NYT WASHINGTON The US trade deficit in goods and services narrowed 21.2 per cent to US$B.Bl billion (5512.5 billion) in August the lowest this year as exports roared to a record high and imports showed little change. The politically sensitive
    NYT  -  432 words
  • Article
    Bright outlook for US growth, stocks: Lehman economist
    407 14  -  Vikram Khanna SINGAPORE The US economy is healthier than it has been since the early 1960s and the prospects for US stocks, interest rates and the dollar are bright, according to Allen Sinai, chief global economist of the Wall Street investment bank,
    407 words
  • Article, Illustration
    The tricky problem of taming the market
    714 14  -  The Bottom Line LEE BOON KENG LEE BOON KENG The writer is a lecturer at the Nanyang Business School, NTU THE US$l.l billion (Ssl.6 billion) trading losses run up by alleged rogue trader Toshihide Iguchi cost him and the president of Daiwa Bank
    714 words
  • Article
    Lock icon Apec summit may fail, spark US-Japan trade war
    306 14 Reuter OSAKA A summit of Asia Pacific leaders in Japan next month could end in disarray and open a new front in the Japan-US trade war, Fred Bergsten, chairman of the Apec Eminent Persons Group, said yesterday. Mr Bergsten, whose highprofile advisory
    Reuter  -  306 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
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      Page 14 Advertisements Column 2
      19 14 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 1900-911-0003, at 30 cents a minute.
      19 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Sesdaq hopeful Rotol offers 15.3m shares at 55 cts each
      472 15  -  Chan Siew Ling SINGAPORE Coatings specialist and building materials group Rotol Singapore yesterday launched its Sesdaq initial public offering (IPO) of 15.375 million shares at 55 cents each. An additional 5.125 million shares, or 25 per cent of the total
      472 words
    • Article
      Summit Securities' head of regional research quits
      420 15  -  Shiv Taneja SINGAPORE Brokerage firm Summit Securities has lost yet another senior official in a recent spate of resignations. Quek Peck Lim is said to have resigned as the company's executive director and head of regional research. Mr Quek declined comment yesterday but
      420 words
    • Article
      Tenaga gets A+ rating from S&P for US$350m debenture issue
      311 15  -  S N Vasuki SINGAPORE Malaysian utility Tenaga Nasional Bhd has been assigned an A+ rating for its proposed US$35O million (***** million) debenture issue by global credit rating agency Standard Poor's p The rating, S&P said, rejects Tenaga's strong financial
      311 words
    • Article
      Still no govt decision on Plus toll hike proposal
      305 15  -  From Ruth Wong in KUALA LUMPUR UNITED Engineers (M) Bhd (UEM) has yet to know the outcome of its submission to the government for a 33 per cent toll rate hike for Project Lebuhraya Utara-Selatan Bhd (Plus). Managing director Jaafar Abdul
      305 words
    • Article
      Tenaga sees light at the end of a dark year
      688 15  -  HOCK LOCK SIEW By S N Vasuki SINGAPORE There is a happy ending to the recent travails of Malaysian utility Tenaga Nasional Bhd (TNB). After refvising a tariff increase and bashing the company for poor management, the Malaysian government is
      688 words
    • Article, Illustration
      Lock icon Block of 11.6m Inno-Pac shares changes hands
      278 15  -  By Ven Sreenivasan SINGAPORE The share price of mainboard-listcd In-no-Pacific Holdings surged yesterday as a block of 11.6 million shares changed hands just before trading ended for the day. The loss-incurring fast-food and paper company's stock closed at 71 cents, up 12 cents
      Source: Bridge Info  -  278 words
    • Article
      Lock icon Derivatives suit settlement averted loss, says Berjaya
      161 15 Bloomberg Business News KUALA LUMPUR Berjaya Industrial Bhd has said a settlement over a disputed derivatives transaction saved it from any financial loss. Beijaya settled a lawsuit out of court last week with a subsidiary of brokerage Public Bank Bhd and two companies
      Bloomberg Business News  -  161 words
    • Article, Illustration
      MARKET MOOD
      50 15 Ml mxN '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 Grenfell, Ong Co, Nomura, Phillip, Smith New Court and WI Can.
      50 words
    • Article, Illustration
      HOT STOCK
      99 15  -  ■By Shiv Taneja FURTHER upside in the near term for QAF appears somewhat limited after yesterday's 14-cent rise to 1.88. No clear signals are evident from the daily and weekly RSI and Stochastics. The moving averages chart, however, indicates further upside, although judging by the falling volume, any
      99 words
    • COMPANIES
      • Article
        NatSteel-led group in A$85m housing venture in Brisbane
        486 16  -  From Florence Chong A SINGAPORE-BASED consortium, led by the Nat Steel Group, yesterday announced an AsBs million (SS92.S million) residential project in Brisbane. The project, involving the construction of the third tower at a development known as Admiralty Wharf, is the first
        486 words
      • Article
        Lock icon Seven cases prosecuted under KL's securities law
        180 16 Bernama KUALA LUMPUR Seven cases of short selling, giving false trading information, acting as securities trading consultants without licence and illegal trading were prosecuted under the Securities Industry Act 1983 in the last two-and-a-half years, the Malaysian Parliament (Lower House) was told yesterday.
        Bernama  -  180 words
      • Article
        Court halts hotel sale to Renong to check bid's validity
        353 16  -  FIM Al Labita in MANILA THE Supreme Court yesterday stopped the government from selling the five-star Manila Hotel to Renong Bhd following a petition lodged by a rival bidder. It slapped a temporary restraining order (TRO) on the Government Service
        353 words
      • Article
        Salim Group's Aussie joint-venture to open new plant in Sydney
        289 16 SYDNEY Indonesianbased Salim Group and its joint-venture partner, Albright Wilson pic, yesterday announced plans to construct a new plant in Sydney. Geoff Frank, managing director of Albright Wilson (Australia) Ltd, the Australian joint-venture, said the plant would produce superplasticisers, used
        289 words
      • Article
        Stamford Tyres in China venture
        61 16 SINGAPORE Stamford Tyres has gone into a joint venture with China's Xuzhou Rubber factory to make "off the road" tyres in China. The agreement entails a joint-venture company Xuzhou Stamford Tyres Manufacturing Co Ltd with total registered capital amounting to 15,822,970 renminbi (552.9 million). Total
        61 words
      • Article
        Amtek gets nod for bonus issue
        53 16 SINGAPORE Amtek Engineering has got in-principle approval for its proposed bonus issue and the listing and quotation of its bonus shares. Amtek proposed to issue up to about 48.6 million shares one bonus share for every two ordinary shares. The issue is still subject
        53 words
      • Article
        New president for Multi-Credit Corp
        31 16 BANGKOK Multi-Credit Corp erf" Thailand pic has named Surakiat Wongwasin as the replacement for retiring president Theodor Heyermann. The new appointment takes effect on Jan 1.
        31 words
      • Article
        Coles Myer's advisers for revamp
        41 16 SYDNEY Australian retailer Coles Myer Ltd appointed Macquarie Bank and KPMG Corporate Finance as Australian advisers on its proposals for a major restructuring. They will join US-based investment bank Smith Barney Inc in developing the proposal.
        41 words
      • Article
        Lock icon Tongkah planning joint ventures
        53 16 Bernama KUALA LUMPUR Tongkah Holdings Bhd, which has been awarded a government contract to provide services in hospitals, is forming joint ventures to tap foreign expertise, said its executive chairman Mokhzani Mahathir, in the annual report. This would help the group introduce the latest in healthcare,
        Bernama  -  53 words
      • Article
        STI to swap stake in UK's cable Venture
        147 16 SINGAPORE Singapore Telecom International (STI) will swap its SO per cent stake in its UK joint venture company, Cambridge Cable, for a 17.68 per cent stake in Comcast UK Cable Partners. Under a letter of intent, STI will sell its stake in
        147 words
      • Article
        Untitled
        1547 16 Paymeat Ex Seeks Pay date ckoee date Aetna 50c I 12.5 Oct 24 Oct 31 Nov 6 Antah Hides 504 b 4+2TE Nov 30 Dec 14 Jan 5 Auric Pac504 F 3N Nov 9 Dec 5 Dec IS Be nay* Group F 6 Nov 1 Nov IS Dec 1 Berjaya
        1,547 words
      • Article
        Lock icon Murdoch corners Aussie pay-TV
        368 17 Foxtel-Australis Media merger to create group with potential to reach 90% of homes Reuter SYDNEY Media tycoon Rupert Murdoch swooped on Australia's budding pay-televi-sion market yesterday in a Asl billion (S$ 1.08 billion) alliance between his Foxtel group and fledgling rival Australis Media Ltd. Foxtel, a
        Reuter  -  368 words
      • Article
        Lock icon Merrill earnings up 30%
        69 17 Bloomberg Business News NEW YORK Merrill Lynch Co's third-quarter earnings rose 30 per cent on higher investment banking revenue and higher commissions. Earnings rose to U*****.4 million (***** million), or US$l.47 a share, from U*****.6 million, or US$l.lO, a year ago. The gains were led by
        Bloomberg Business News  -  69 words
      • Article
        Lock icon Chemical Bank, Banc One's profits up
        117 17 Bloomberg Business News NEW YORK Chemical Banking Corp and Banc One Corp posted higher third-quarter profits, benefiting from an industry recovery. Chemical Banking, the fourth-largest US bank, said net income rose to US$477 million (Ss67B million), or US$l.74 a share, from US$439 million, or
        Bloomberg Business News  -  117 words
      • Article
        Lock icon Time-Warner posts US$144m net loss
        84 17 NYT NEW YORK Time Warner Inc reported a third-quarter loss on Tuesday that was greater than expected and was attributed primarily to an earnings decline at the company's music division. The company reported a net loss of US$l44 million (Ss2os million), or 41 US cents
        NYT  -  84 words
      • Article
        Lock icon Reebok 3Q gain slips 10%
        73 17 Bloomberg Business News STOUGHTON, Massachusetts Reebok International Ltd said third-quarter earnings fell 10 per cent, less than expected, as markdowns on inventory reduced margins. The world's second-larg-est athletic shoe maker said net income for the quarter fell to U5576.2 million (SsloB million), or 96 US
        Bloomberg Business News  -  73 words
      • Article, Illustration
        Lock icon Profits up at Coca-Cola and Pepsi
        293 17 Reuter PURCHASE, New York Coca-Cola Enterprises Inc said on Tuesday its net profit shot up 38 per cent on a 12 per cent rise in sales while PepsiCo Inc reported a 20 per cent jump in third-quarter earnings. Pepsico's profit was boosted by big
        Reuter  -  293 words
      • Article
        Lock icon Microsoft profits jump 58%, buoyed by Windows 95
        382 17 NYT NEW YORK Microsoft Corp proved the naysayers wrong on Tuesday with a jump in earnings of nearly 58 per cent for the quarter, comfortably exceeding the consensus estimate on Wall Street. For its first fiscal quarter, which ended Sep 30, Microsoft
        NYT  -  382 words
      • Article
        Lock icon Compaq's third-quarter earnings hurt by parts shortage
        394 17 Bloomberg Business News HOUSTON Compaq Computer Corp said its third-quar-ter earnings rose 22 per cent, below analysts' expiations, in part because a components shortage hurt sales of a new laptop computer model. The world's No 1 personal computer maker on Tuesday said net
        Bloomberg Business News  -  394 words
    • FINANCE & COMMODITIES
      • Article
        Mitsui Trust bucks trend
        459 18  -  Bank pushing aggressively abroad to compensate for slack at home Fran Anthony Rowley .r in TOKYO NOT all Japanese bankers are in a defensive mood as a result of problems affecting the nation's banks in general and Dftiwa Bank in particular. Mitsui Trust and Banking pfyns
        459 words
      • Article, Illustration
        Metals traders fear copper prices will tumble next year
        520 18  -  Fran Neil Behrmann in LONDON METALS traders fear that support for copper will not last and prices could come tumbling down next year. In the past week the market hps been volatile and there hatf e been rumours on the London
        520 words
      • Article
        Lock icon Citic Pacific disagrees with Moody's Euronote rating
        255 18 Reuter HONGKONG Citic Pacific Ltd said it disagreed with Moody's Baa 2 rating on Citic Pacific Finance Ltd's US$2OO million (SS2BS million) floating rate Euronotes which is due in 1997. The US ratings company, Moody's Investors Service, yesterday said the rating reflected Citic
        Reuter  -  255 words
      • Article
        Lock icon NatWest buys private US merger firm
        164 18 Reuter LONDON National Westminster Bank said on Tuesday it had agreed to buy privatelyowned US merger and acquisitions firm Gleacher Co Inc for US$l35 million (SS 192.3 million). The new company will be known as Gleacher Nat West and will become the principal focus
        Reuter  -  164 words
      • Article
        Lock icon Orange County suit dismissed
        47 18 Reuter SANTA ANA, California US Bankruptcy Court judge John Ryan has granted a motion by Merrill Lynch Co to dismiss Orange County's lawsuit against the firm. But Judge Ryan said Orange County could file an amended complaint against the firm by Monday. Reuter
        Reuter  -  47 words
      • Article
        Lock icon China shuts down 2 futures firms
        37 18 Reuter SHANGHAI China's State Administration for Industry and Commerce has withdrawn the business licences of Wuxi Guotai Futures Co and Guangdong New Times Futures Co, the China Securities newspaper said. Reuter
        Reuter  -  37 words
      • Article
        Lock icon Failed bank to resurface
        55 18 Bloomberg Business News TOKYO Hyogo Bank Ltd, which collapsed under the weight of non-performing loans, is expected to receive a new banking licence from the Ministry of Finance on Oct 31, the Sankei newspaper reported. The new bank will open for business in late January, the
        Bloomberg Business News  -  55 words
      • Article
        Lock icon PetroVietnam forms new unit to gear up for refinery
        229 18 Reuter SINGAPORE Vietnam's state oil firm PetroVietnam has launched a new oil processing and marketing unit to gear up for the country's first oil refinery due to be running by 2000, a senior company official said yesterday. The new firm, PetroVietnam
        Reuter  -  229 words
      • Article
        Lock icon LONDON
        210 18 Reuter LONDON The dollar was looking soft in early European trading after an overnight decline but the move was basically due to action on the mark. A bout of mark/Paris buying put the franc under pressure but dealers noted the demand for marks was on only a few currencies.
        Reuter  -  210 words
      • Article
        Lock icon NEW YORK
        87 18 AFP NEW YORK The dollar was up against other major currencies in trading here early yesterday on news of a reduction in the US trade deficit for August. By mid-morning, the dollar gained ground against the mark at 1.4238 from 1.4148, and against the yen at 100.75 from
        AFP  -  87 words
      • Article, Illustration
        Untitled
        1166 18 Trade-wetpfaed index caladaud agauut S pare slop 14 trading partners Base year IMS USS/SS fonMnl nta Noon Oct 18 m N Offer 1-mooch 1.4176 1.4191 MMI 1.4163 1.4116 1.4131 6-mooth 1.4022 1 404: Source: OCBC FOREIGN CURRENCY NOTE MIES tea Art It: StapptR doikri to mat ait offatip amtj Currencies
        1,166 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon M'sia's cocoa output seen at 8-year low
        1267 19 Reuter TAWAU, Malaysia Plummeting prices, a debilitating disease and poor financial support were spelling doom for Malaysian cocoa, key growers and industry officials said yesterday. After roaring growth in the early 1980s, Malaysia's cocoa production is estimated to plunge to an eight-year low
        Reuter  -  1,267 words
      • Article
        HK gold slightly firmer in quiet trade
        670 19 QaU HONGKONG: Gold ended quiet trade slightly firmer on light physical buying It ended at U*****.70/ U*****.20, up from the local opening of U*****.40/90 and New York's close of U*****.60/384.10. "Sentiment is seen bearish in the longer run due to a continuous Tack
        670 words
      • Article
        Iranians to build Bangladesh refinery
        54 19 LONDON The Iranian private sector will be constructing an oil refinery in Bangladesh. The refinery, to be developed by the Pacific Asia Co, would nave a processing capacity of 80,000-100,000 barrels per day. The project will be a joint venture between the Iranian private sector
        54 words
      • Article
        Russian wheat demand falls
        68 19 WASHINGTON Russia is getting by with a lot less wheat these days, as the nation's once-huge livestock herds continue to decline and human wheat consumption remains roughly unchanged. Russian wheat demand is down by 30 per cent since the early *****, when economic reforms began. Concern
        68 words
      • Article
        Record cocoa output forecast
        61 19 LONDON The Economist Intelligence Unit (EIU) has revised upwards its 1995-96 world cocoa production forecast by 23,000 tonnes to a record 2.625 million tonnes. The EIU said the increase reflects a much higher figure for output in the Ivojry Coast an all-time high 0f930,000 tonnes. The
        61 words
      • Article
        India has high sugar potential
        62 19 NEW DELHI India could emerge as an important exporter of white sugar as it has the potential to 1 significantly boost its sugar output "Given the largo base of sugar mills and large tracts of agriculture land, India could emerge as an important player in
        62 words
      • Article
        Higher Kenya coffee prices
        49 19 NAIROBI Kenya coffee prices rose by between US$7 and USSIO (Sslo-SSI4) at Tuesdays auction. here. After the auction, exporters fixed the price Kenya's benchmark ABFAQ coffee at between US$l36 and US$l4O per 50kg FOB, up from last, week's price of between US$l34 andUSsl3*/?' "R tO
        49 words
      • Article
        COMMODITY PRICES
        1343 19 SKOMFibra Oct is (Mm Blwlwg M at 8.90pm) M16hM (Scenti/kg) Claee VMhi 0m Month High Low Sett (tonnes) Interest No* 95 214.00 212 00 ***** I07J 1525 Dec 95 20« 50 450 1550 Iu9i 206 00 1150 Feb 96 206.00 1150 Mar 96 206 00 |(i50 Apr/iun 96
        1,343 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        810 20 +2J9 AFTER a bullish start to trading, shares closed marginally higher yesterday after Asian sellers entered the market. "It certainly started firmer this morning," said one broker. The market started coming off late morning actually and I'm putting that down to some selling coming in from Asia." The AU
        810 words
      • Article
        Manila
        465 20 -5*3 Share prices closed lower in the absence of any good news to sustain the slight upturn of the previous day. A trader said: "There's no real good news in the market." The Composite Index fell 5.63 points to 2,633.19. Turnover was 3.54 billion shares valued at 1.1 billion
        465 words
      • Article
        Taipei
        468 20 -47.93 Share prices closed lower in a lacklustre session following Tuesday's pessimistic forecast for the island's economic growth in 1996 by a government-backed think tank, dealers said. Chung Hua Institute for Economic Research reported that Taiwan's economic growth for 19% will be only 6.04 per cent, lower than the
        468 words
      • Article
        Seoul
        331 20 40.92 Share prices ended mixed in an uneventful session. The Composite Index inched up 0.92 point to 1,006.7. Turnover was 27.42 million shares worth 635.59 billion won. Falls outpaced rises by 557 to 264 with 159 unchanged. "After the index logged two closing highs last weekT investors started to
        331 words
      • Article
        New Zealand
        334 20 +53*40 A wave of pent-up, interest ratedriven demand was unleashed on the share market after a shortened session, making for frenzied buying and a sharp 2.5 per cent rise. Comments by Reserve Bank governor Don Brash after the close of business on Tuesday that the bank was now
        334 words
      • Article
        Bombay
        73 20 -L4l Shares wiped out their earlier gains and closed at previous levels as domestic mutual funds turned sellers. The 30-sharc BSE Index ended 1.41 points down at 3,567.45 and the 100-share National Index dosed 3.27 lower at 1,619.46. Shares opened strong on speculative buying fuelled bv an extended account
        73 words
    • WORLD STOCK MARKETS
      • Article
        London
        724 20 +304 SHARES rose to an all-time high, led by banks and insurers, amid optimism that a surge of corporate mergers is far from over. "Financial-sector fever is going on at the moment," said an analyst. "People are looking for the next takeover." The FT-SE 100 Index rose 30.8 points
        724 words
      • Article
        Paris
        159 20 -9.08 Share prices closed lower for the third straight session but with an afternoon rebound, with US trade figures providing temporary relief, dealers said. The CAC-40 Index was down 9.08 points at 1,770.66. The index bounced back into positive territory in the afternoon, reaching a high of 1,786 after
        159 words
      • Article
        Frankfurt
        159 20 +2.76 Share prices were off highs in quiet trading as a decline on Wall Street partly offset the effects of a dollar rally. The DAX Index closed up 2.76 points at 2,197.57. "It's a pretty nervous market," said a broker. "We squeezed up after the trade figures but there
        159 words
      • Article
        Brussels
        138 20 -1.85 Shares were little changed as players awaited for news such as a Bundesbank rate cut or a dollar recovery to push it out of the doldrums. But with neither likely to be forthcoming in the near term stocks would be left to linger in neutral territory, dealers said.
        138 words
      • Article
        Milan
        158 20 +122 Shares rebounded strongly in the first day of the new monthly account in a technical bounce after recent sharp share price falls and helped by some easing in political uncertainties. The market had been heavily oversold as shares fell to their lowest levels in 1995 on Tuesday, while
        158 words
      • Article
        Amsterdam
        229 20 +1.20 Dutch shares ended up but with pared gains after an early rise was driven back bv option-related selling ahead of the October expiry tomorrow. The AEX index closed up 1.20 points at 457.77, well ofT the high at 459.96. Dealers said there was little else to influence the
        229 words
      • Article
        Zurich
        184 20 +23.1 Swiss stocks rose as a higher dollar and bonds helped buoy earnings expectations for drug makers and banks. The SMI Index climbed 23.1 points to 3135.4. The broader SPI Index rose 13.38 to 2029.92. "The market was clearly driven by the currency situation," said a trader. Mch Oct
        184 words
      • Article
        Johannesburg
        367 20 +90.3 South African industrial shares stormed to new record highs with an unflinching show of strength while a generally weak gold market dragged the gold index deeper into four-month record low territory. Dealers said the industrial market had been gaining momentum during the past couple of weeks as it
        367 words
      • Article
        Toronto
        202 20 -L 7 Stocks opened mixed after Tuesday's late rally and are seen choppy on uncertainty over Quebec's separation referendum, analysts said. The TSE 300 composite index fell 1.7 points to 4,513.9 on volume of 8.5 million shares with a value of Cs9B million. Advancing stocks outpaced decliners 128 to
        202 words
      • Article
        New York
        615 20 -6.86 Stock prices turned narrowly mixed in active trading early yesterday as profit taking and weak bonds hampered the markets bid follow through on Tuesday's technology-led late rebound. The Dow Jones Industrial Average, which rose 11.56 points on Tuesday. was down 6.86 to 4,789.08 at 1 lam EDT.
        615 words
      • Article
        Untitled
        439 20 Oct IS Ski WAm .M7 0C 2.00 A—- lit HO 4 X) AttoCopco I0J.J0 -2 00 EfacMtaB-. 314.00 1.30 EnamTrfLMABB— 155 JO *1.00 i __«0SO 0.30 W- HO 00 adi 1l M 1)1 00 3 00 WOO 2 JO Vaha 141.00 uncii Ogtt Aajfe ATXJ »IJJI IIJO MMMjAO «0 ■w*
        439 words
    • Article, Illustration
      Lock icon HONGKONG
      2236 21 Reuter, AFP HONGKONG Stocks doted lower in seesaw trade as the market underwent a consolidation after four consecutive days of rises. The Hang Seng Index ended 59.23 points down at 9.973.70. Turnover was HK54.44 billion. "There were no fresh incentives and the market took a correction," said a dealer.
      Reuter,; AFP; Source: Bridge Info  -  2,236 words
    • Article, Illustration
      Lock icon CHINA
      556 21 CLSA IN Hongkong, the H share index lost 1.65 points at 988.80 on turnover of HKSS.BI million. Hai Xing Shipping, up 3.7 per cent, was the most active stock and also the biggest gainer. Shanghai Petrochem recorded the biggest fall, down 2.1 per cent. The Shanghai B Index closed
      CLSA  -  556 words
    • Article, Illustration
      Lock icon TOKYO
      2359 21 Bloomberg Business News TOKYO Stocks were little changed for second day as the release of laner-thaa-expected guiphis figures and anxiety of half-year earnings reoffset rises in some techshares, traders said. The Nikkei Average fell 20.63 points to 17.895.97. The Nikkei 300 Index slipped 0.97 to 267.14. The Topix Index
      Bloomberg Business News; Source: Bridge Info  -  2,359 words
    • Article, Illustration
      Lock icon BANGKOK
      1344 21 Bloomberg Business News BANGKOK Stocks fell, led by industrial issues, amid disappointment over plans to sell shares by Bangchak Petroleum, TPI Polene and International Finance A Securities. "No one likes to see earnings diluted," said an analyst. The SET Composite Index fell 11.48 points to 1,298.43. Some 50.03 million
      Bloomberg Business News; Source: Bridge Info  -  1,344 words
    • Article, Illustration
      Lock icon JAKARTA
      1056 21 Reuter JAKARTA Share prices ended the day mixed on late profittaking, with foreign-triggered buying seen in blue chip Astra International, brokers said. The Composite Index rose 0.63 point to 499.48. "The index briefly crossed the 500-point level at mid-day due partly to buying in Astra, but late profit-taking erased
      Reuter; Source: Bridge Info  -  1,056 words
    • Article
      CLOB INTERNATIONAL
      2435 22 Gr Gr •W. UM V«l Dm LaaQaot* Wf Dh W Na M Cap W* U» 9«» Cam Sab W- CMO) H%k Lm Bajar Sdkr C*n ML W MMAYMN STDCW 471 194 m 5000 AJU SOc IIS 124 }IS X* IIS 320 3 0 -2.9 OJ 3211 127 77.5
      2,435 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares rebound slightly on bargain hunting
        6361 22 Bloomberg Business News KUALA LUMPUR A slight rebound from early trading resulting from bargain hunting steered shares to close firmer. The KLSE Composite Index rose 0.86 point to 946.72. Tlie Emas Index rose 0.84 to 266.59. Turnover was 88.7 million shares worth M 5439.2
        Bloomberg Business News; Source: Bridge Info  -  6,361 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8611 23 Gr Gr M Wt IMS Lad Val Day LaatQaaet Di* DH Yld Net Cm An HI* Lew Stae Sato COM) Hfch Law Bayer Sefcr Cn P/E Wl Price lit IM 125* Acer Me US IM *2 1*1 IM IM IN IM 12.* )07.9 SM 312 mt 1000 Acma 50c 500
        8,611 words
      • Article, Illustration
        Lock icon Index tops 2,100 as market makes a weak recovery
        1813 24  -  By R Sivanithy SINGAPORE The local stock market took a tentative step towards recovery yesterday when prices rebounded slightly after several consecutive days of falls. The best gains were to be found on Sesdaq, where the UOB Sesdaq Index recovered 4.84
        Charts by Bridge Info; Source: Bloomberg  -  1,813 words
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      250 15 NEWS VALUE SMI pint to w<iwh> hft Pay Lafcar «H» (pg I) Current prices of residential property are still high enough to attract more supply. Chip makers pka Mg huesUwewU In S*pcvt (pg I) Electronics looks like a good investment theme in the next few years. YHS fac— MgTawg Fat
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      161 16 MYANMAR BUSINESS CONFERENCE '95 Hotted by Myanmar Ministry of Trad* Venue New World Inya Lake Hotel, Yangon Date 11-15 December 1995 Fee 5J1680.00 par person (not inclusive of airfare and hotel) "After seven years of open doors policy (since 1988) many things are in place in Myanmar. Businessmen should not
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      223 17 Everyday Acer delivers Some PC companies have inventory levels of 100 days or more. For months, their the newest, freshest PC technology to customers all over the world. Last year that amounted products just sit around in warehouses. to US$3.2 billion in revenues. And this year we'll do even better.
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      25 18 r, I! myi: i ihihuiu'wiii I mill minim niiiiiinniiinii »;iii'niri«iiiiiiiii,ii.»i.iiinni.iiTnTnr^ II i«imi'.:i ii'. i.:.: inri vr: im —v nT-rrr..:- r.. —n: h jj| f^Hi p:
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      51 18 a ■aielsiSH You may haw baan unable to gal your Buaineee Times, Straits Timee, Sunday Tlmaa, UanHa Zaobao and oftar da»y newapapers from your uaual rtewaatand becauae of the nigner cwmsno MMf. To eneure a daily copy, cafl Cuatomar Sarvioaa Section on 1800-749-2577, and aak tor home or office delivery
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      140 19 FREE INVESTMENT SEMINAR TOPICS -Investment Strategies > hr >-■ -WHERE TO INVEST IN THEWS -HOW TO DESIGN Portfolio LICENSED INVESTMENT ADVISERS PORTFOLIO MANAGERS WESTIN STAMFORD HOTEL 7:30 PM OCTOBER 24 ORD RM HOLLANDSE CLUB 6:30 PM NOVEMBER 1 MAIN HALL CALL NOW FOR RESERVATIONS, LIMITED SEATING FOYNTON ASIA PTE LTD
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      7 19 The Simex closing report was sot available.
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      20 19 As and when the latest London/ Rotterdam prices are not available, ike trading day's fVwia» fittt are carried instead. Jf;
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      27 20 J Exceptional Character. Iff JOAILLIER EN HORLOGERIE PiageT 1 [m '11 1 PIAGET Boutique: OQI-098 NgeeAnn City Tower B, 391 Orchard Rd, Singapore *****4. TeL 732 6831
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      55 22 Since 1735 there has T1 NEVER BEEN A QUARTZ BLANCPAIN WATCH. Vjj^ ND THERE never w,ll be TK HOUR GLASS UMnn Stappng C«M M B 73CC0 Lirt* «"i W B-7JJIW* Scorn U 02 *****27 PnmM ta W 02 J3TOOS Mta HM Aicadi W B-3M3MI MALAYSIA TXf HOUR GLASS lot 10
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      109 24 M Stock code number for Quick Stock Portfolio Manager service and real-time stock info. Call 1900-913-0003 at 30 cents a minute. you us number testifies to the A- trust thousands of fund managflS ers and individuals have 4L put in AXA in 23 countries It also ranks us as the
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      47 24 Slnippoii Closing olom nmm UH mi ugg im J99L 7JOO 7*o CM 7 JOO rreMl 'I ■I 1 nil 1M LM LM LM LXkJ ojm mti tin ByyH Knimit i<M IM IJI LM ■mhmhh I ,a tn by Jardirw naming MviMoml Sacuntws UnM (tncorpofHd mIHMi Wgn KUnd)
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  • Shipping Times
    • Article
      Lock icon DAILY FREIGHT
      535 25 Knight-Ridder, Rcuter LONDON freight futures prices consolidated and edged up after an early slide on Tuesday on short-covering and buying interest, but few market participants were ready yet to call an end to the decline. The market's steep fall recently in tandem with weakening fixtures has seen the
      Knight-Ridder,; Rcuter  -  535 words
    • Article
      Salvage awards made up 12% of salved fund last year
      403 25  -  Conference on Towage and Salvage By Rahita Elias SINGAPORE Awards to salvage companies under the Lloyd's Open Form made up about 12 per cent of the total salved fund in 1994. Lloyd's Open Form is the industry's standard agreement for
      403 words
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      MARITIME STOCKS
      321 25 SES '000 Oct 18 S$ Vol CWT Distribution 1.47 unch 31 Chuan Hup Holdings 1.21 unch 49 Coaco Investment 1.80 -0.02 126 Far East Levingston 6.0S +0.20 26 Freight Links Express 0.743 +0.025 306 GB Holdings Ltd 0.975 +0.04 158 Hai Sun Hup Group 0.935 +0.005 570 Hitachi
      321 words
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      YCH to build new warehouse, start NUS endowment fund
      437 25  -  Bjf Alec Almazan SINGAPORE Leading logistics company YCH Group yesterday announced plans for a $50 million fully automated warehouse and a $200,000 logistics endowment fund for the National University of Singapore (NUS). The group celebrated its 40th anniversary at the Shan-gri-La
      437 words
    • Article, Illustration
      Kobe sends recovery message round the world
      215 25 SINGAPORE Kobe has started a 10 million yen (S$141,800) campaign to tell the world that its port is bouncing back on its feet again. The city government sent brightly-painted containers bearing the words "Port of Kobe rebuilding the future" to convey the port's
      215 words
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      India plans to modernise major ports
      102 25 BOMBAY India's Planning Commission on Tuesday approved a 32.16 billion rupee (S$ 1.3 billion) modernisation programme for the country's major ports by March 1997, the Press Trust of India said. The investment was necessary to remove bottlenecks which were causing delay in port operations,
      102 words
    • Article
      Indian firms buy 28 ships in first 6 months
      143 25 SINGAPORE Indian shipping companies acquired 28 ships in the six months from January to June this year, aggregating over 400,00 gross tonnes (gt), according to latest figures released by the Bom-bay-based Indian National Shipowners' Association (INSA). As of July 1 this
      143 words
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      Lock icon The woman who dared to go into bunkering — and never looked back
      868 25  - The woman who dared to go into bunkering and never looked back ■y Yong Mei Fong WHEN Lim Li-Lian entered the petroleum and bunkering industry 10 years ago, an associate warned: "Fools rush in where angels fear to tread that's the kind of business you are in. Are you sure
      Photo by Arthur Lee  -  868 words
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      Lock icon Taiwan plans petroleum port complex
      222 25 KnightRidder TAIPEI Taiwan's stateowned Chinese Petroleum Corp (CPC) is planning to construct a port complex in the Kuanyin industrial zone near Taoyuan in northern Taiwan for handling oil products, a CPC official said yesterday. Initially budgeted at NTS2OO billion (5510.6 billion), the complex will include
      Knight- Ridder  -  222 words
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      Lock icon Offer to privatise St Lawrence Seaway
      195 25 Knight-Ridder WINNIPEG The Canadian government could decide as early as mid-November whether to accept an offer to privatise operations of Canada's portion of the St Lawrence Seaway, a government official said on Tuesday. A Transport Canada official confirmed a private users consortium had submitted
      Knight-Ridder  -  195 words
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      Lock icon Japanese cargo shifts to Korea
      1317 26  -  Devastated Kobe lost shipping to Pusan. But was it already in disfavour? Elizabeth Canna reports Elizabeth Canna American Shipper INE months after I the Great HanZjl I shin Earthquake wrecked the Japanese port city of non-Japanese ports and mostly Korean, continue to enjoy a business
      American Shipper  -  1,317 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      324 26 Page ACL II ANL 3 Able 7 Accord 10 Ahlers 6 Ahrenkiel 4 Appenship 4 Astro 10 Austral 11 Avant 6 BSA 11 Batamindo 7 B'tangMas 10 Bright Express 6 CCNI 4 CMA 11 •COSCO 7 CSAV 3 Centenary 7 Central Ex 11
      324 words
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      THE SHIPPING GUIDE THE SHIPPING GUIDE
      9411 32 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 in in Mwrttsw Vassal V«rH« Pi ETA ETA Atvartlsar Vassal
      9,411 words
    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        632 37 r—* Voy Wo Bwth Arrival P«pw MH 2W5 J1 alongside 19.10/0700 3T) Aneka Karya I 1/55 J1 alongside 1910/1600 (Camera *5/95 J1 alongside 19 10/1000 Br r*xdwna 7/95 J1 alongside 19 10/1700 Wiapa 004 J2/3 alongside 19 10/2300 10/09/95 J12 alongside 1910/1300 2 45 J8 alongside 19
        632 words
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        CONTAINER SCHEDULES
        1671 37 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record BookJng/Batanca Rsks Ship Voy No Etb/Btr Ported From To From Acx Jade 2606 19/2000 IB 18/1500 18/1659 18/1900 2A 18/1700 19/0659 19/0900 Acx Lily 068A 21/1500 2B 18/1700 19/0659 19/0900 3 19/0700 19/1159 19/1400 4 19/1200 19/1459 19/1700 Aka
        1,671 words
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        GLOBAL HOLIDAYS
        221 37 OCT 20 Guatemala: Commemmoration of 1944 Revolution. Kenya: Kenyatta Day. OCT 23 Haugary: Holiday. Iadia: Deepavali. Malaysia: Deepavali date subject to change. New Zealand: Labour Day. Slmpim 1 Deepavali (although Eurodollar and Euroyen contracts still expected to trade). Thailand: Chulalongkora Day. OCT 24 Egypt: Suez Day. OCT 25
        221 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Canberra comes up with new demands in air talks with HK
        393 38 AFP SYDNEY Australia has proposed linking Qantas and British Airways flights at Hongkong in a code-sharing deal likely to be strongly resisted by Cathay Pacific, industry sources said yesterday. The proposal emerged during talks between transport department officials of
        AFP  -  393 words
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        Lock icon Hamming it up for Mitsubishi
        43 38 AFP BEIJING Acton ia aadeat costanes performiag it the Mitsubishi booth at the Aato Part* Show here oa Wedaesday. Maay foreiga car aiahera are asiaf gimmicks which appeal to local aadkaces to attract atteatioa to their products. AFP
        AFP  -  43 words
      • Article
        Lock icon Coach operator National Express wants to buy more airports
        303 38 Reuter LONDON National Express Group pic wants to expand its airport business, but growth may depend on more UK airports being put up for sale and infrastructure improvements, says deputy chief executive Adam Mills. The UK coach operator, which already owns
        Reuter  -  303 words
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        Lock icon Daimler-Benz launches made in India Mercedes E-220
        291 38 Reuter NEW DELHI DaimlerBenz AG of Germany and Telco of India on Tuesday launched the Mercedes-Benz E-220 model, manufactured in the western state of Maharashtra by Mercedes-Benz India Pvt Ltd (MBIL). "This will be one of the first endeavours to manufacture Mercedes products
        Reuter  -  291 words
      • Article
        SIA to start B747-400 cargo flight to Chicago soon
        219 38 SINGAPORE Singapore Airlines (SIA) will launch its first 8747-400 freighter service to Chicago on Nov 2. The once-a-week service will operate from Singapore to Chicago via Taipei and Anchorage. The return flight from Chicago to Singapore will be via Los Angeles,
        219 words
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        Lock icon Locally built planes too costly, says Merpati
        212 38 Reuter JAKARTA Indonesia's state-owned Merpati Nusantara Airlines (MNA) has refused to lease 16 locally built CN-235 aircraft from a domestic consortium because they are too expensive, the official Antara news agency said yesterday. "They charged us US$llO,OOO (SS 156,200) per aircraft each month,
        Reuter  -  212 words
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        Lock icon FAA wants big changes to keep crash rates down
        392 38 Bloomberg Business News WASHINGTON Officials at the US Federal Aviation Administration warn that airline crashes will become increasingly frequent if the agency doesn't change the way it does business, and ferret out more safety problems before they lead to disaster. To
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        Lock icon JAL helping Palau to start airline
        74 38 Reuter TOKYO Japan Airlines has agreed to help the Palau Islands establish a state-owned international airline. A JAL spokesman said: "We have decided to provide know-how to Palau about how to form and operate an international airline company, although it would be difficult for
        Reuter  -  74 words
      • Article
        Lock icon Honda plans gas-powered Civics
        75 38 Reuter TOKYO Honda Motor said yesterday it would mass-produce a natural gas-powered Civic from the 1998 model year. The Civic NGV, to be manufactured in North America, will have the same exterior and interior design and features as gasoline-powered Civic vehicles but will also meet California's
        Reuter  -  75 words
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        Lock icon Eva Air starts Europe cargo flights
        66 38 Bernama KUALA LUMPUR Eva Air, Taiwan's major independent airline, will launch its first European air freighter operations tin Monday, with a new service between Taipei and Amsterdam. Three weekly flights will be operated via Dubai and Singapore using Eva Air's new fleet of McDonnell
        Bernama  -  66 words
      • Article
        Lock icon Cathay adds 1 more flight to Hanoi
        113 38 AFP HANOI Cathay Pacific will add another flight to its Hanoi run at the end of the month, bringing to 22 the number of weekly flights into Vietnam. Cathay will operate 11 flights a week from Hongkong to Hanoi in a joint service
        AFP  -  113 words
      • Article
        Lock icon Plane diverted after bomb threat
        62 38 UPI NEW YORK A Delta Airlines jetliner carrying 193 passengers from London to Atlanta was diverted to New York on Tuesday, following a bomb threat, authorities said. It was the second such incident in two days. The plane was evacuated at Kennedy Airport to allow
        UPI  -  62 words
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        Lock icon FedEx calls on UK to liberalise air cargo policy
        306 38 Reuter LONDON Cargo should be treated totally separately from the passenger side of the airline business in governmental air bilateral negotiations, according to Federal Express Corp vice-president Tom Martin. "Freight cannot be compared with to-and-fro vacation traffic as it moves in
        Reuter  -  306 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1262 38 AIRCRAFT ARRIVALS DEPARTURES afe mm m mm m Mi Ml 0A986 1218 >0441 1806 MM* QRX1 1930 0*082 3066 SQ228 2068 AmMM SQ025 0660 KL638 2338 0A678 1336 9Q026 2365 KIB37 1550 mtm 8Q347 0666 9Q266 2040 9Q2M 3048 B M hpn BM21 1106 9Q182 0*18 SQ181 1410 8M22 1210
        1,262 words
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      1411 26 BHHHGI i OTHmtommATioNS~~] i NORTH AmßtcA i k D4WKCT CALL TO WEST COAST OCXj WEST COAST OP CENTRAL AIMBMCA gXAWOAWTA KWWCJ) 11| llilljn IliMi y, J I I 1.1 .1 J, 1... ■I. in.iiyT 1.. I I J iprww ww ww w_ J mm m rasa n»sa u on va
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      222 26 Lines and services represented by Members ef the Registry el Accredited (JWfiS®! Shipping Agents, Singapore National Shipping Association. for advertising enquiries, contact Shipping Times. Tel 740-2069 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday BusinessEmes jfiSMNMHMK BUFFALO aID RftTtfttNrtJKfttanlM I aurora 30/10 05/11
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      1234 27 1 PftOHC SOUTH WIST EXPKESS (DKECI) vcsa vor man mm lux lon |oi I m Iwt hom 1 wrc wot mmmumumm m w/ii n/ii n/ii n/ii w/ii w/n n/ii wu n/ii n/n u/ii Mumotvoorr ua »/w «7/f u/ii u/ii ~fs7TT~ gg u/n 177Tr~ u/ii w/ii n/ii wtmmh—g vi M/ii n/ii
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      1424 27 HANJIN SHIPPING II USA CANADA I I" I w I m I—l im Ikl Qi T~oi m m' "I'm m mHB _!iZlj HZU i'/ii »/ii 11/11 ii/ii n/11 n/n iyii 11/11 n/n 11/11 m/ii 14/11 11/11 iyii j Jiyii n/11 it/11 11/11 n/11 a/11 n/11 a/ii a/n w/11 i«/ii a/11
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      732 28 wsa w m rm «rim s-tom pgung sm hk m rro sm kok Im I BWBWBS -aws* IB M/IO "W "Iffir"HZZl~ -IM igoj WW* IwT 04/10 gg 05/10 00/10 23/10 03/11 131/10 I 01/11 I wiogiaHßs ~w wji mr otjo ~n7ir ~ipr~ ~m~ zmz ~*7n~ ifrr vn ~tH SMIMgIBMBS 12/241
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      1384 28 NORASIA VESSEL VOY SIN ALO LAS ML VAL HAM SHE ROT ANT FEL LHA MAABA MALTA OMI-3 10/10 07/11 o*ll 11/11 12/11 11/11 12/11 13/11 I*ll 14/11 Wll NOMSMOa 0642-3 25/10 14/11 11/11 I*ll 10H1 10/11 11/11 2*ll 2*ll 21/11 21/11 M3W 02/11 21/11 21/11 25/11 2*ll 25/11 2*ll 27/11
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      Page 28 Advertisements Column 3
      615 28 I JAPAN/HOMQKONQ/STTIAfTS REGULAR SCHVtCt LOADING FOR PORT KLANQ/PENANQ vessel vor store pmuoahc pm pa CHUN KUAN 11 M T "SB MPT yayasantujuh 17 sip mn PMK MIGHT M MPT 2SOCT BOTH 1 WOCT a OCT white hakuyo n aoo aocr ■mmarmma i a oct a oct JUWOW II J 2>OCT
      615 words
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      865 29 STRAITS SHIPPING PTE LTD 11 Mm CHlmi Mai #11-01 Kappal Tmn «IH»Pf BW Til: 2»7M Fm: »tll7 ■WW SSBW (A SERVICE OF CHINA NAVIGATION CO) I* no mwriim wis kiP«t no* mm,kmidmwitlaMaa. BBBMHiBBMMBIMIKBa sirntsswi mm aoct mm Maan.iMaaatMtnaMair mub my ros w** mbm.«m«mmn*imbm. q—l wm ai« mm,rwtmm*,lm.hm.mmimmt nMmsM mm mm,
      865 words
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      Page 29 Advertisements Column 2
      1607 29 vNhhML H&Cf p& 0 Containers (Singapore Agencies) Pte Ltd i- *V* BBVBI 10 Hoe Cluaag Road, §07-01 Keppel Towers, Singapore 0208 first Class Connections WORLDWIDE Tefc 225 2233 Te x: RS 345 m pnocsp f«e 225 5327/222 7517 CR Number 1*4909 *****Z EXPORT linnaT lIWVHI LARSMABWC »SKI JTIO IMO SSTI
      1,607 words
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      Page 29 Advertisements Column 3
      257 29 iiwounp jIM |^r|^7|K«jYo!rTro!rT»>rT^^l~wj|^M|^g|~«r~TT^j^e^^^^j mow on mmm m m outbound I no. Imlhk I ok I eos I rot Im I mgmm "wwiwrw-ww tggltt-a^l*^lm*lh/i*|*vn|aw I oiwwujg/xa urn m» tyw aw Ivn" ti-oni tmmnummm ww oi-wii ow oart oyii wtiloan I 4M6SEMBSSSI SOL JMIJML JML JELMOL mmraMmmm |mi |BBrti|wni| wiilwiilwiil urn I
      257 words
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      1061 30 MP ROM ANW HSB THP LHV LMV TUP ROM ANW H66 PKL SOP E.RMHTRW4M 21/11 IVII 11/11 12/11 14/11 11/11 E.BLOBE RE-MI 24/1 2M 2M 23/11 LMM NW-TIJ M/ 11 IT/11 11/11 IVII 21/11 22/11 I. GATHER RE-M3 2/11 VII 4/11 9/11 Ml 3VII 1/11 L RACER RW-M7 4/11 24/11
      1,061 words
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      Page 30 Advertisements Column 2
      578 30 «JU BBWCT y. MU am u. Sr w JSJJ 2-? *vii mm avti CONCERT 24/11 12,1' MM MM Juw COWCOBC ***** E 1 1 11/11 IJ/I1 tytl IVII Wll I ■umcownm ujwwi Mi «i am tvti am am am I jMJO<CtgTIFaroDC»I*.iM«mM..BaMJW>BU««I, ■UK<TWMaWOB«t.BWb—WWWUMIWM MM Mill ■lIHIM I SZ j£ AFWC Sr
      578 words
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      Page 30 Advertisements Column 3
      534 30 mLTD FAX: *****16/*****03 TELEX: RS ***** M6MP (3 Unaa) CR MO: **********06 wKj EMmmwmrmutM] ACCEPTING FCL AND CONVENTIONAL wnhi I BTA |L—; Afayot J 41W» MAI4 Nataanat 4MB 07/12 15l«EMHUNQU«Ej| I FULLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH FCL/LCL ALSO BOOOC »w«>t >4 %Hi Cwji>»6«l» «■*»»«>» *i Pa*—l J I
      534 words
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      1055 31 SINGAPORE M. EUROPE EXPRESS SERVICE COSCO INTRODUCES A FIXED DAY SAILING FROM SINGAPORE TO NORTHERN EUROPE AND CALLS SINGAPORE EVERY TUESDAY EFFECTIVE FROM 24/10/95 CALL COSTAR WHEN YOUR NEXT SHIPMENT IS READY CONTACT TELEPHONE: *****41 (FOR SALES BOOKINGS) *****42 *****46 HEUNG-A SHIPPING (KOREAN FLAG) CR NO: **********0 M BSfV AMBttMD
      1,055 words
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      Page 31 Advertisements Column 2
      486 31 jf FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 y HOT UNE: *****33 (30 UNES) WE PROVIDE Weekly Sailing DIRECT CONSOL HAIFA ASHDOD also accepting cargoes to TEL AVIV, JERUSALEM, REHOVOT BEER-SHEVA RISHON-LEZION Call us for details *****33 Ken/Sylvia/Ramlah Imah/Molly P KLANG PH: 0203/*****02 (10 UNES) PENANG PH: (10
      486 words
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      24 31 I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOO SERVICES I Imm >1/11 Wll FLU/MfTAJK I IN.PME 19/11 29/11 HOOBDMHEGHORN I I TRESTEAKMFALCONE I I
      24 words
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      840 34 MB— [vessel 1 1 I [vessel I voy I mn pen I^M Tsov a£i Riot 0000 EASY* 188 W 20/10 Tua 24/1o" OURU BHUM SIS 3 ~Thu lln Pt St 217ip~ AKA BHUM 2243 Sat 21/10 Tu« 24/10 THANA BHUM 142N Mow 23/10 Wad 28/10 YANTRA BHUM 107N Tlhj In
      840 words
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      Page 34 Advertisements Column 2
      86 34 Astro Shipping Pte Ltd WEEKLY CONSOLIDATION SERVICE VESSEL VOYAGE FS MAN-OALAY 518N 23/10/9S BAGO SIN 28/10/95 MANOALAY 519N 04/11/95 BAGO 52N 09/11/95 TIL 220 *045 (10 UNES)/ FAX: 220-4741 GATEWEST SHIPPING PTE LTD AUSTRALIAN SERVICE VESSEL P. KLANG SIN K KIAMJ MR SYD MELS TBNV24 11/11 14/11 24/11 27/11 30/11
      86 words
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      Page 34 Advertisements Column 3
      179 34 umnernar racifjc Shmoma f %w, r K" Sf TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PKL LOAOM6 FOR TREASURE ISLAND SLO SU) 20/10 FLU^OT/ANTAJK STARS* 23/10 10/11 12/11 FUWWT/ANTA* MARIA K SU) SU) H.U/ROT/ANTAJK Loads SabaMndonesii C R NO **********0H CONTIPAC SHIPPING PTE LTD Ttofc 2M44W Fax: *****49 ML
      179 words
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      Page 34 Advertisements Column 4
      738 34 79 ANSON ROAD, #21-01, SINOARORI 0207 C* m>AIT» MWTTUI WIVICB PORT KLAHO PENAMQ VESSEL Wf I Ml PKL ieUB. I SEA LAUREL 425N 19M0THU 2tyiOFRI DRAGON WAS 60N 21/10 SAT EAGLE BREEZE 218 A 19/10 THU 21/10 SAT aKAK ***** afIQSW jOfljuUL FARO ***** 2tyiofW 22/10 SUN LHOTSE 5063 23/10M0N
      738 words
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      Page 34 Advertisements Column 5
      182 34 #00-00 NEHSONS BUILDMG 24 PECK SEAH STREET »onriHarauiwK GAPORE c? 14 am—m—m TEL: 123 1133 FAX: 221 4053/M/M vm VOT SHEIK SMEII KSTMRON mm iv»s w/w ium/mbmam KHAKI 11/15 27/10 2VIO POOTIMMKAWTFR WDMUD 2W m VII nOOU/MMK Ma li/ts 24/10 h/io mm/rum OUSUAN 12m 27/11 2f/W JAKAB/MfiAK Ma 17/15 04/11
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      Page 35 Advertisements Column 1
      625 35 I BSA A. mm MYANMA \HBk FIVE STAR UNE (My—ir N«tiM6l Lino) Lnm| for Ym|m (Ih|m<) vesa vor w m fw pgu MYOMA TWA IS4W OJO 2W 26/16 NAIAYSA A6MTS: MBIIA6 SMFPM6 A6OKKS •Ok IM 91-63-***** M Fit: IK 61-63-*****61 FBfc m 62-64-*****62 F66t IB 62-67-*****11/4 BANK UNE (A Mrvfco
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      Page 35 Advertisements Column 2
      974 35 ADVANCE CONTAINER LINES (PTE) LTD ft P I 140 Cacfl Street, #12-00, PR. BuNcßng, Singapore 0106 MIjL" TEL: *****21, FAX *****19, TELEX RS ***** ACLPL —CR NO. **********0E 55EA5»A S Wfim WT I loJfcM Lffl (l mm SaUffS-1 m m I*— 1*" m m ICIA HW MBI In/19 Ml tt/tt
      974 words
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      Page 35 Advertisements Column 3
      743 35 c ooooz I** 88 1 «W LEHAWWE HAMBURG THAJaCfIPORT ROTTERDAM MMP VILLI- D AQUCA *tIW 26/10 14/11 18/11 17/11 Wll 20/11 >rtLLE DC QEMP4A HIIW 31/10 21/11 22/11 2VII 20/11 27/11 \ALLE OE LYRA YIIW 07/11 26/11 5m 01/12 08/12 jvH-EDEVELA |viiw 14/11 08/12 06/12 o*l2 ivi2 ALBO ACCEPTING CARQO
      743 words
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      Page 35 Advertisements Column 4
      103 35 _4*> PRO LINE j UKBTH) t CO GmbH. HAMBURG CONTAINER/BREAKBULK SERVICE LOADING FOR SOUTH AMERICA VOT PONE OUR MINES RIO SANTOS M~VlO€O 1 VERBMA ia it/ia 17/11 27/11 a/11 im MERKUR ISLAND 1M M/ 11 11/11 (1/12 M/ 12 00/12 13/12 PRO ATLANTKA 132 2VII MAI 2*12 tIAI 21/12 2V12
      103 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      426 36 AD SINO IXPRISS SHIPPING (PTI) LTD. V MM 1 11 COLLYER QUAY #0«-01 THE ARCADE SINGAPORE 0104. TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/NKGSSNAI STORE HKQ SHAI VESSEL VOY ETA ETP ETA ETP ETA ETP LWMOS 964V9646 20/10 tt 2£lfi ZMfl 2QOJ2 01/11
      426 words
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      Page 36 Advertisements Column 2
      35 36 (FOREST rtOOUCTS SHVKD' iUKOfI SERVICE TAW SKN KKU TMA HANOY GUNNBt V3/9S SID SU) SIO SU) UMMN6FOC: SHI/ (ASA/ FUHWT /AWT RNAVM— HWNMM TIKMI- C*KD«fWGHTSVO p.keanb Vktmm warn* hwii^ LRBMMUI-INVBtSHBGNTSVCS K.MM- SLtßogf* m. Jim? tkmxm
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      Page 36 Advertisements Column 3
      560 36 pimamq:(M)048 M «ro»w7 auiu^iTmaMaao ******mmmrr jrr:gi)aac»iorMDN:(ai)»*«a» I ASIA HKG/TWN/BKK GENOA/EUROPE I PfN PKL SIN DAILY RFCFMftir. PEN PK SIN 20/10 21/10 22/10 HKG/BKK/KEE/KHH burg/C haflervS holm/Oslo 26/10 27/10 28/10 23f10 24/10 2/10 HKGSSKKSH 22/10 23/10 2VIO MO 27/10 28/10 W g/jjj »I 0 I 20/10 21/10 22/10 SHANGHAI/DALIAN JPW/KOREA/MANILA XIAMENyBEUING
      560 words
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      Page 36 Advertisements Column 4
      184 36 iii MFL SHIPPING (INTL) SSsff PTE LTD SUBSIDIARY OF HM SUN HUP GROUP FdACL CONSOLIDATION SERVICES HOT LINES; ********** ACCEPTM6 CARGOES TO EUROPE BASE PORTS/SYRNET/MEIBOMMI ALSO ACCEPTWG KL TO USA PORTS AMD CROSS-BORDER SERVICE TO MEXICO AMI CANADA vissa voy eiksm) LHXOB VDI4S 24/10 j VESSEL VOY VUAIHUM \tls2S 21/10
      184 words
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      Page 37 Advertisements Column 1
      116 37 MHKAPAL KRIS ShippiM Ptt Ltd 70$ DUXTON lOAD,S%«fOa9SW ■i hk mrnt fw *****77 a m. vissa vov nsm vtssa vor rosras MMANUK fS4I It.lt.l9VS OBMBM 9559 0.11.199$ MM NWS 9543 ******5 OIS IBM 95*1 31.*****5 MS MANIA 9513 Z7.11.199S fwuien vtssa vor rosroif vnsa vor nosrat MKAPBMU 9543 2M1199S MKAPOAfiA
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      Page 37 Advertisements Column 2
      74 37 NIPPON EXPRESS (Worldwide Consolidation System) RXED WEEKLY DEPARTURE ARRIVAL TO: Arrow U.SJL BSBMjnil- IitSMAPOtf IIiIMMjMU fYHTT MONDAY ittLOWKACN EVBY TNMKMT FttOBCAfiO ivarr tvbmy Arrow Europe (17 DAYS TRANSIT ONLY) MHW nssfoti HiliiiKUMfll WHY SATURDAY mmasrowi MR TUESDAY gBBBBff rresToti IVHtY THURSDAY Elk NYTHMM EYBY 9MOAY Abo acc«ftf«t cargo to «l
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  • Page 37 Miscellaneous
    • Miscellaneous
      Page 37 Miscellaneous Column 1
      96 37 i REGIONAL WEATHER f **< LKJCWO: Temperelw »q X\ 13! V Shower Weolfw _X Wind dracHon with ip««d in knot* Rain V^J Cloudy Sky h*ght Upnwb+m* »«c«m >r«w—«wWcfcW y wlH,ilwM On# K4 cird* r«pr«MnH calm oc ftght and variable wind* 1_» On* half ftoch* rapr«Mnt» 5 knot* L_ Oh H4
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      Page 38 Advertisements Column 1
      83 38 1) M.V. 'BROTHER LIGHT' VOY 51 ARRD MTH OCTOBER 1995 2) M.V. 'ORIENT QUEEN' VOY 23 ARRD 11TH OCTOBER 1995 3) M.V. 'HAZEL ACE' VOY 1 ARRD UTH OCTOBER 1995 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on
      83 words