The Business Times, 31 October 1995

Microfilm: NL20030
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Tuesday October 31 1995 85<t
    12 words
  • Article
    Lock icon Dow up 16.26 points
    72 1 Reuter, Bloomberg Business News NEW YORK US stocks advanced for a second day, boosted by software developer Novell Inc and a rally in other high-technology companies. But investors appeared gun-shy due to budget uncertainty in Washington. At 2 p m EDT, the Dow Jones Industrial Average
    Reuter,; Bloomberg Business News  -  72 words
  • Article
    Untitled
    149 1 Moaday Ckaage ST1I .2,100.16 -5.27 KLSEComp 954.77 -7.87 Nikkei 17,509.17 +171.98 Hang Seng _...9,672.39 -8.36 SETIndex 1,273.53 +2.12 Jakarta Comp ..490.31 -4.16 Manila Comp 2,470.82 -41.52 Taipei WPI 4,817.04 -80.41 Seoul Comp..... 982.87 -9.18 Bombay BSE30 ..3,419.45 -24.67 CLSA China B 803.08 -1.93 Auat AllOrd 2,067.5 +0.1 FTSE100 3,510.0 +12.1
    149 words
  • Article, Illustration
    M'sian property stocks fall victim to budget reaction
    478 1  -  Fran Ho Kay Tat, Ruth Wong in KUALA LUMPUR THERE was heavy selling of property stocks yesterday in reaction to the M$ 100,000 (5555,710) levy on foreign purchases and higher tax on capital gains introduced in the budget last Friday. "I think
    478 words
  • Article, Illustration
    Lock icon Some S'pore counters gain on hopes of funds inflow
    274 1  -  Abdul Hadhi SINGAPORE Some property counters rose yesterday on the belief that the Malaysian government's move to restrict foreign buying of real estate will divert funds to the Singapore market. Conversely, shares in property firms with exposure in Malaysia or links
    Source: Bridge Info  -  274 words
  • Article
    Lock icon Bank Negara intervenes to stop ringgit's slide
    184 1 Reuter KUALA LUMPUR Bank Negara intervened to block the ringgit's fall in late morning yesterday, dealers said. The ringgit ended lower from its local Friday close but was above intra-day lows in Asia. Offshore funds pushed down the ringgit after judging that the
    Reuter  -  184 words
  • Article
    Leeson makes offer to CAD
    238 1 Deal may include testimony against other Barings execs SINGAPORE The Commercial Affairs Department (CAD) confirmed yesterday that Nick Leeson's lawyer, John Koh, has made "representations" to the department on the charges faced by the former Barings trader. CAD director, Lawrence Ang, however, said the contents
    238 words
  • Article, Illustration
    Simex clearing members may need to appoint accountability officers
    399 1  -  By Paul Leo SINGAPORE Each clearing member of the Singapore International Monetary Exchange may have to nominate a senior officer to be held accountable for trades and to answer all queries. The recommendation is one of several suggested by the Blue
    399 words
  • Article
    KLSE orders recall of all Genting shares
    306 1  -  Fran Ho Kay Tat in KUALA LUMPUR THE Kuala Lumpur Stock Exchange (KLSE) yesterday ordered gaming blue-chip Genting Bhd to recall all its shares because of the "high incidence" of forged and duplicate share certificates. Trading in Genting shares was also suspended until
    306 words
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      143 1 BRE ATHT AKINQLY FRESH DECEPTIVELY AMAZINGLY €9 STRONG. BT Online Look us up at http:// wwwashl .com.sg/biztimes mm S*par»jrsia 17,18 Sport News... 2,4 FinaicM.... 25,26 Regional 5-11 WorfdNews™ 16 KLSE.SES.. 26-28 Regional... 24 tatane World 24 Property 15 Currencies 22 13 leliiilpßiii Tel 1800-*****77 Fax *****75 BTHiiili i> Tel *****18
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      17 1 Property Column: Pgis Compensation for land acquisition Slush fund scandal: Kim Young Sam denies involvement, Pg 11
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      61 1 Hock Lock Siew: p g n Mustika Ratu set for high growth •10^' The" Business Times lINOAPOIB Faster. Sharper. Deeper From tomorrow, a bold new look and a fresh approach to the news and views. Faster with the news, and with the meaning of the news. Sharper focus on business
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      44 1 Bottom Line: Pg 16 Retirement: the trijfaMne way" Les Charms d'Or de Cartier. Cartier JEWELLERS SINCE 1847 Carlier boutique/ Singapore Ngee Ann City. Tower B, *01-11, 391 Orchard Road. Tal: 734 2427 Hilton International, #01-04, The Shopping Gallery, SSI Orchard Road. Tel: 235 0295
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      6 1 AT H TAKINGLY FRESH AMAZINGLY STRONG.
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Rebound stronger than indicated
        333 2  -  By Anna Teo SINGAPORE'S recent economic rebound has been stronger and more broadbased than what year-on-year growth rates the conventional measures indicate, says J P Morgan. Year-on-year quarterly comparisons hinge on the base period and give relatively little insight into shortterm dynamics, says Bernhard Eschweiler, senior
        Source: Dept of Statistics  -  333 words
    • Article, Illustration
      560 firms to move to make way for Woodlands wafer fab park
      444 2  -  David Mok OVER 560 tenants at Woodlands Industrial Park D will have to make way by the first quarter of 1997 for the government's extension of the Woodlands semiconductor wafer fabrication park. The tenants, who are now occupying
      444 words
    • Article
      Some S'pore handphone users can take them to Jiangsu by year-end
      444 2  -  By Lu Ning SINGAPOREANS with ETACS mobile cellular phones will be able to use them in China's Jiangsu province by the end of the year, say officials of Singapore Telecom and the Jiangsu telecom authority. Li Jun, of the
      444 words
    • Article
      San Ho Huat debarred from public contracts
      543 2  -  By Siow Li Sen SAN Ho Huat Construction Pte Ltd has become the first contractor to be debarred from public sector contracts for subcontracting out an entire project, a practice which industry players say has become increasingly widespread. The Ministry of Finance issued
      543 words
    • Article, Illustration
      Millenia v Millennium: CDL sued over similar name
      500 4  -  By Conrad Raj IT WAS meant to last a thousand years or more but if the Kwee family has its way, the Hong Leong group's Millennium Hotels and Resorts, as titled, will be of a rather more shorter duration. The Kwee family
      500 words
    • Article
      Hotels enjoyed 10.9% gain in room yield in 1994: survey
      381 4 HOTELS in Singapore achieved a 10.9 per cent rise in room yield last year, said a report in the Hotelier, the monthly publication of the Singapore Hotel Association (SHA). The study found that the room yield had increased by $12
      381 words
    • Article
      Software firm Stream planning expansion
      208 4 US SOFTWARE company Stream International, which was responsible for the simultaneous launch of Windows 95 in Asia this August, is planning to expand its regional activities in Singapore. Its USSI7 million (Ss24 million) regional headquarters in Kampung Übi is boosting investments in its software trading
      208 words
    • Article
      Standards, productivity boards' merger set to be tabled tomorrow
      257 4 THE MERGER of the statutory boards in charge of industrial standards and the productivity movement is expected to be unveiled in Parliament tomorrow. The Bill on the Singapore Productivity and Standards Board is expected to spell out the new board's role,
      257 words
    • Article
      Business Day joins AsiaOne on the Net today
      225 4 BUSINESS DA Y, the Thai En-glish-language business daily, will from today be available on Asia One, Singapore Press Holdings' web site on the Internet. It joins Business Times and several other SPH publications Lianhe Zaobao, Computer Times, and Singapore Business on Asia
      225 words
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      271 2 Hll 01 WAYS TO CHANNEL SURF ktaJj TO A SHORTER FLIGHT. -jH FfMI f?A BX B AT i > t%jM W j j Jr )i f#f« j^e«^®f^^ysin^^^ciT^iy^i^r^ii^vEF9J®9BßBßBiiiiiliil^liliiBl^lB BH^^BH^MMBBBMBB^B^^^WBBUw!<HiJßroiMtt^KMiifjWWMl^BPili^^^BMiK7^Ukyji/i^^in fS Im IfiMfll TftiinHHiiKCTHß J i flkflßL^H^l^TS^R/^^l?|V-i/ 7 t like to know what's behind a Lands' End label. Some stores buy a
      271 words
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      11 2 It pays CityDev, CPL to help FCC lift compensation, pg 15
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      261 3 The first bank in Asia to be independently recognised times for same day processing, new trade products and packages, sizeable investments with ISO 9002 for its trade services. n technology and staff training, and a commitment to customer-focused improvement. The ISO 9002 registration of Trade Services Singapore recognises our commitment
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  • SOUTH-EAST ASIA
    • Article
      Building of Indon bulk port: US$80m finance deal signed
      362 5  -  From Maggie Ford in JAKARTA FINANCE of US$BO million (S$ 113.5 million) for the first stage of a bulk port in Indonesia's Makassar Straits will be provided by Banque National de Paris and National Bank of Australia, under a deal signed
      362 words
    • Article
      Lock icon Asean to ask Apec to admit Vietnam next year, says report
      272 5 AFP TOKYO The Association of South-east Asian Nations (Asean) is expected to ask the Asia-Pacific Economic Cooperation (Apec) forum to approve Vietnam's membership as early as next year, a major business daily said yesterday. The Nihon Keizai Shimbun, in
      AFP  -  272 words
    • Article
      Lock icon Indon economy expected to consolidate next year
      147 5 Reuter JAKARTA Indonesia's economy is expected to consolidate in 1996 after overheating this year, private think-tank Econit Advisory Group said in a statement. Econit, chaired by prominent economist Rizal Ramli, said the economic growth rate was expected to be slightly lower next year
      Reuter  -  147 words
    • Article
      Lock icon Dr M sticks to M$2b pay offer
      136 5 Bernama KUALA LUMPUR Prime Minister Mahathir Mohamad yesterday reiterated that the government could only afford to offer MS2 billion (SSI.I billion) for the salary revision for civil servants. Public servants' union Cuepacs president Mohamad Mat Jid said after talks with Dr Mahathir yesterday
      Bernama  -  136 words
    • Article, Illustration
      Lock icon Germans invited to join Natuna natural gas project
      179 5 AFP JAKARTA Indonesia's Research and Technology Minister BJ Habibie has invited German companies to invest in a US$42 billion (SS6O billion) Natuna liquefied natural gas (LNG) project, the state news agency reported yesterday. Mr Habibie told a meeting of 300 members of
      AFP  -  179 words
    • Article
      Lock icon Manila court rejects petition against expanding VAT
      343 6 AFP MANILA The Supreme Court yesterday blocked an opposition petition to prevent the government from introducing a wider application of value-added tax (VAT), paving the way for implementation of the measure. A court spokesman said the justices voted nine to five to uphold
      AFP  -  343 words
    • Article
      Lock icon Vietnam's new civil code hailed as a leap forward
      292 6 Reuter HANOI Vietnam's weekend approval of its first civil code was widely praised yesterday as a leap forward for the communist-run country, but officials and foreign analysts were divided in their views on its merits. "I've seen part of the draft
      Reuter  -  292 words
    • Article
      Lock icon Insurers for M'sian satellites
      73 6 Bernama KUALA LUMPUR Binariang Satellite Systems Sdn Bhd and Johnson Higgins Insurance Brokers (M) Sdn Bhd (J&H) have put together an international insurance programme for the launch of Malaysia's two satellites, Measat-1 and Measat-2. J&H said yesterday that Binariang had retained J&H local office and J&H's
      Bernama  -  73 words
    • Article, Illustration
      Lock icon Ramos on Balabagan's sentence
      97 6 AFP MANILA Former Filipino comfort women protesting outside the United Arab Emirates yesterday following the UAE appeal court's latest decision to sentence convicted Filipina maid Sarah Balabagan to one year in jail and 100 lashes. Meanwhile, President Fidel Ramos said yesterday that the verdict of 100
      AFP  -  97 words
    • Article
      Lock icon Qian assures Philippines
      89 6 UPI BEIJING Foreign Minister Qian Qichen yesterday assured the Philippines that differences "can surely be solved" as long as both countries consult on an equal basis. A "stable environment around China suits its fundamental interests as the country is now concentrating on economic construction," Mr Qian told
      UPI  -  89 words
    • Article
      Lock icon Vietnam sets economic targets
      88 6 Reuter HANOI Vietnam's National Assembly has approved a series of economic targets for 1996, including a growth rate of between 9 and 10 per cent. The figure is on par with expected growth of around 9.5 per cent in gross domestic product for 1995. Official media
      Reuter  -  88 words
    • Article
      Lock icon Thai economy should slow in 1996: Paribas
      107 6 Reuter BANGKOK Thailand's economy should continue to slow in 1996, and its current account deficit should narrow slightly to about 6 per cent of gross domestic product, Paribas Capital Markets said in a report. "We expect the slowdown of the TTiai economy to
      Reuter  -  107 words
    • Article
      Lock icon Indon green group loses court case on Freeport mine's extension
      290 6 AFP JAKARTA A Jakarta court yestefltay'tajected a suit filed by a leading environmental group against the Indonesian mining ministry over its approval of a mine extension built by copper giant P T Freeport Indonesia. The Walhi environmental group had charged
      AFP  -  290 words
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      241 5 OFBUSINESSINTSA^^^B I FROM THE LARGEST UNIVERSITY BUSINESS SCH^^^H Closing Date for Application: January 19, 1996 I This unique post-graduate qualification in finance offers: I Current Issues in Finance Strong emphasis on practical and quantitative applications in finance including financial engineering and I Simulations and High Technology Extensive use of practical
      241 words
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      832 6 THE UNIVERSITY OF HULL England 1927 I INVESTMENT AND FINANCE MBAI 'OVER 1000 MANAGERS AND EXECUTIVES ALREADY ON HULL'S MBA PROGRAMMES IN SINGAPORE' L#tfl Highly innovative 18-month programme First specialist MBA in Investment and Finance in the region 7 modules 336 seminar hours 100% in Singapore through distance teaching 100%
      832 words
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      206 7 I plum blossom, you will recognize a fresh second to none. spirit within China Airlines. A fragrant pink plum blossom, flowering Our fleet is being' upgraded and expanded, A spirit that is strong, committed, and against a boundless blue sky. and we are investing not only in the latest constantly
      206 words
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  • CHINA/HONGKONG/TAIWAN
    • Article, Illustration
      Lock icon Citibank becomes first US bank to open branch in Beijing
      457 8 AFP BEIJING Citibank yesterday announced its return to Beijing, saying the opening of a full-service branch in the Chinese capital was part of a strategy to expand its business scope and presence throughout the country. Citibank chairman John Reed is
      AFP  -  457 words
    • Article
      Lock icon Taiwan firms in naphtha venture
      203 8 NTs2oob project to refine 200,000 barrels of crude a day AFP TAIPEI Fifteen Taiwanese firms, including the state-run Chinese Petroleum Corporation, yesterday kicked off a joint-venture to build the island's eighth naphtha cracking plant, officials said. A preparatory office was inaugurated for the construction of
      AFP  -  203 words
    • Article
      Lock icon Run on Taiwan farmers' union after rumours of overlending
      155 8 Reuter TAIPEI Account-holders rushed to Taiwan's Hsinfung Farmers' Credit Union and withdrew about NTS 100 million (555.25 million) yesterday morning after rumours that the union had lent much more than its assets allowed, television said. An official at Hsinfung confirmed a
      Reuter  -  155 words
    • Article
      Lock icon Changes needed for Shanghai to become world finance centre
      258 8 Reuter SHANGHAI Shanghai's ambition to become a world financial centre can only be realised if there are changes to China's overall economy, including a freely convertible currency, former World Bank president Barber Conable said yesterday. Mr Conable, in Shanghai for an
      Reuter  -  258 words
    • Article, Illustration
      Lock icon Model workers on show
      61 9 Reuter BEIJING A security guard, on duty at a park here, standing in front of a public display of pictures of model workers and soldiers yesterday. China still uses such models to motivate people to work harder for the public good and not only for money.
      Reuter  -  61 words
    • Article
      Lock icon Jianyang mayor jailed 10 years for bribery
      148 9 AFP BEIJING The mayor of Jianyang city in the southwestern Chinese province of Sichuan has been jailed for 10 years for taking bribes in a two million yuan (*****,000) corruption case. Jianyang Mayor Wang Shanwu was handed the sentence for accepting 59,000 yuan
      AFP  -  148 words
    • Article
      Lock icon World Bank sees massive infrastructure bill for E Asia
      168 9 Reuter HONGKONG The World Bank estimates that East Asia will require US$l.5 trillion (SS2.I trillion) over the next decade in new infrastructure investment, said Russell Cheetham, the bank's vice-presi-dent, East Asia and the Pacific. In 1992, East Asia spent just US$5O
      Reuter  -  168 words
    • Article
      Lock icon Beijing reassures Taiwan businessmen
      81 9 AFP BEIJING China has reaffirmed its commitment to protecting the commercial interests of Taiwan investors. Wang Daohan, president of the mainland's Association for Relations Across the Taiwan Straits, was quoted by newspapers yesterday as reassuring Taiwanese businessmen in central Hubei province that their legal rights remained
      AFP  -  81 words
    • Article
      Lock icon Hubei to move 50,000 for dam project
      107 9 Reuter BEIJING China's Hubei province has resettled 11,000 people, will move another 39,000 and is rebuilding whole towns to make way for the giant Three Gorges dam project on the Yangzte River, Xinhua said yesterday. They are the vanguard of an estimated 1.1
      Reuter  -  107 words
    • Article
      Lock icon Electronics industry to grow 20%
      85 9 AFP BEIJING China's electronics industry will grow an annual 20 per cent over the next five years, with output value topping 500 billion yuan (5584.8 billion) in the year 2000, the Economic Daily reported yesterday. Annual sales will exceed 400 billion yuan, with exports climbing
      AFP  -  85 words
    • Article
      Lock icon Japan's Apec envoy in Taipei
      89 9 AFP TAIPEI A Japanese envoy arrived here yesterday for talks over who will represent Taiwan's president Lee Teng-hui at the informal leaders' summit of the Asia Pacific Economic Cooperation (Apec) forum next month. Nobuo Matsunaga, former Japanese ambassador to Washington, will deliver an invitation to
      AFP  -  89 words
    • Article
      Lock icon Taiwan's telecom link to Spratlys
      63 9 AFP TAIPEI Taiwan yesterday inaugurated a satellite telecommunication system in an islet on the Spratlys chain in a bid to improve its links with the disputed archipelago, officials said. It will enable military servicemen and fishermen on Taiping, the largest islet in the chain, to
      AFP  -  63 words
    • Article
      Lock icon Don't be discouraged by lacklustre debuts of 2 China plays: analysts
      515 9 Strong long-term outlook for Ng Fung Hong and New World Infrastructure, investors told Bloomberg Business News HONGKONG Investors looking for opportunities in China-related companies should not be put off by the disappointing debuts last week of two so-called "China
      Bloomberg Business News  -  515 words
    • Article
      Lock icon HK's First Pacific stops top-up loans
      125 9 Reuter HONGKONG First Pacific Bank said it would not repeat its offer of "top-up" loans to Hongkong homebuyers, since the market had mistaken its new secured personal loan product for an attempt to get around the 70 per cent mortgage lending ceiling. Last Thursday,
      Reuter  -  125 words
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      385 8 F M% x •tow Nth Mandarin fish Pomfrat Tuna Sftvartoak ftsh Sot* Graan WratM Ung hh Cat Cod M» Saa Bats Crass Carp Abalono Rod Garoupa (77. D (77- Fhh FtatiMtou Jish Jiesta Eaooc Blow-fish Jerky am mount proudly presents a first-ever $ish Crispy FiM Mandarin Rdi for true yood-foed
      385 words
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      91 9 *':r I I lamEaaXl Flying to Hong Kong now can take a load off your packs. For the earliest flight out to Hong Kong and the last one back, all within the same day, fly United Airlines. The airline that lets you make the most of your time in Hong
      91 words
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      184 10 W I n i I <■ >&#? V A iHi 9k Business Class return, s A KjL private chauffeur and a hotel of your choice The Royal Orchid Executive Package from Thai Airways International has 3 convenient ways to help you embark on a successful business trip to Bangkok in
      184 words
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  • ASIA
    • Article, Illustration
      Lock icon S Korean president denies involvement
      448 11 Slush fund scandal Reuter, Bloomberg Business News SEOUL South Korean President Kim Young Sam yesterday denied any involvement in slush funds raised by his predecessor Roh Tae Woo, state radio reported. It was his first public denial of personal involvement in the scandal. Mr Roh
      Reuter,; Bloomberg Business News; Reuter  -  448 words
    • Article
      Lock icon Japan unlikely to meet growth target: EPA
      224 11 Reuter TOKYO Economic Planning Agency (EPA) Minister Isamu Miyazaki said it will be almost impossible for Japan to achieve its official economic growth target of 2.8 per cent for the year to next March 31, but economic recovery will certainly start next calendar
      Reuter  -  224 words
    • Article
      Lock icon Australian opposition denies planning to revamp state taxes
      372 11 Reuter CANBERRA Australia's conservative opposition has vehemently denied it is secretly planning to implement a complete revamp of state and federal tax arrangements if it is elected at the next election, due by May. Opposition sources said they had no secret agenda
      Reuter  -  372 words
    • ASIA NOTES
      • Article
        Lock icon Bid to end Bangladesh impasse
        103 11 AFP DHAKA Bangladesh's main opposition leader Sheikh Hasina Wajed is expected to respond soon to Prime Minister Khaleda Zia's invitation for immediate talks to end the country's political standoff, a party spokesman said yesterday. "The draft of the letter has been finalised and it will
        AFP  -  103 words
      • Article
        Lock icon Order to disband Aum sect
        87 11 AFP TOKYO The Tokyo District Court yesterday issued an order to disband the Aum Supreme Truth sect linked to the deadly nerve gas attack on the Tokyo subway system in March, local reports said. The court will strip the sect of its religious status which
        AFP  -  87 words
      • Article
        Lock icon Changes in Pakistan state-run bodies
        42 11 Reuter ISLAMABAD The Pakistani government has replaced the chiefs of state-owned Water and Power Development Authority, Agriculture Development Bank of Pakistan and the Cotton Export Corporation, officials said. The government gave no reason for the changes. Reuter
        Reuter  -  42 words
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      441 11 Date 11-15 December 1995 Official Hotel New World Inya Lake Hotel, Yangon, Myanmar Host Ministry of Trade, Myanmar YOUR »ENWn» IWCLUOB i ai« HfJklM MttitfllM ii IliflHHf upoaio mrxj cimnncmuon on irivwmnwrn Persona/ tool of buotnon oponoon§ 4i Myansiar >* m 1 -11-■ >Mika i/irpci inwfuiwiii owoyw mm ngnom paraM
      441 words
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      1152 12 I jI A W.I 11 J [M:f J=j J WHERE TO WINE. DINE AND ENTERTAIN I WORLD S LARGEST SELLING J *W- lul Where can we bring the for dinner? Singa Inn, of course! Singapore's largest outdoor seafood restaurant offers you the opportunity to dine under the stars and enjoy
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      250 12 I fancy 'Beijing? I Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of divt fin "Beijing dumplings, a selection of MT|7F\n set menus, and "Beijing specialities jCRTV suck as teijing Tench and |qh cMT 'Marinated L.atnb 'Tancv some now?
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  • LIFESTYLE
    • Article, Illustration
      Lock icon British publishing business set for fierce price battles
      800 13  -  Sarah Lyall looks at how the industry is faring after rules changed overnight Sarah Lyall NYT WENTYk k r 1 FIVE per W W cent off!" boasts the JL. sign on the High Street bookshop, above an enormous pile of books. It
      NYT  -  800 words
    • Article, Illustration
      Lock icon Debate over Baldwins' right to privacy
      210 13 CHATTERBOX UPI UPI UP! WHAT started as a routine Hollywood birth announcement is escalating into a First Amendment debate. Which is more important: Alec Baldwin's and Kim Basinger's right to privacy when they return home from the hospital with their daughter, or photographer Alan
      UPI; UP!  -  210 words
  • Page 13 Advertisements
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      269 13 The Biggest Ever in Ca The Region! -x HaNMOlksiaK The 7th Asian International Forestry, Woodworking Furniture Supplies Exhibition ft Conference J I N *7IHGAPORE y 21 25 November 1995 C World Trade Centre Singapore Y> Incorporating > Farest Teshflsiali The 2nd Asian International Forestry Management, Timber Supply, Handling Storage Exhibition
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      999 13 Specials, 9pm, Prsmiara 12 When he Rodney survived an attack by a Great White Shark. Three decades B. later, he is an expert on (and protector oO sharks. FwtMiM of War, 10pm, V The Pringles arrive in Egypt. i Guy is prevented from workin Cairo, and goes to Alex- andria.
      999 words
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  • Article
    Anwar applies the brakes
    522 14 WE are wise to the danger of economic overheating; we know the current account deficit is high; and we are doing something about it. If there is one message that came across resoundingly from the budget speech delivered last Friday by Malaysian Finance Minister and Deputy
    522 words
  • WHAT THE OTHERS SAY
    • Article
      Spare the civilians
      250 14 AS THE Sri Lanka military continues its offensive against the Liberation Tigers of Tamil Eelam in the northern Jaffna peninsula, a massacre of Sinhalese villagers by the Tamil Tigers in the east drew attention again to the human cost of the civil war. The massacre was an
      250 words
    • Article
      Myanmar needs reconciliation
      153 14 SLOWLY, the political battle lines are forming in Myanmar between the government and an opposition committed to change. The military regime is trying to harass its opposition with a short-sighted and trivial legal manoeuvre. It has barred Aung San Suu Kyi from regaining leadership of the National
      153 words
    • Article
      Providing equitable service
      219 14 RESIDENTS in the north-east areas want the authorities to speed up the building of the MRT line. The government has given its commitment to build. But the question remains of when to start. Cost seems to be the problem. A feasibility study shows the North-East Line (NEL)
      219 words
    • Article
      Danger lurks in money politics
      180 14 BOTH President Kim Young Sam and South Korean opposition leader Kim Dae Jung were known for their opposition to military rule. If facts were now to show both men had accepted bribes from Roh Tae Woo, the disappointment South Koreans would feel will perhaps be
      180 words
    • Article
      Answerable for war crimes
      148 14 WITH the next round of Bosnian peace talks just days away, the question of accountability and punishment for the war's savage crimes must not be forgotten. Reconciliation in Bosnia does not mean the atrocities there should go unpunished. The latest accounts of mass killings in Srebrenica
      148 words
    • Article
      Law reform for Indonesia
      160 14 IN PRINCIPLE, laws are there to protect the community and provide justice. Hard reality is that "positive" law laws as they exist in government gazettes and other official documents is always one or more steps behind the social dynamics in the community. The need for a
      160 words
  • Article, Illustration
    A Japan that says 'no'
    771 14  -  Relations between Tokyo and the US and China face major adjustments as Tokyo acquires political clout, reports Lu Ning Lu Ning The writer isaßT correspondent specialising in China AS LEADERS of more than 170 nations of the world gathered in New York recently to commemorate
    771 words
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      268 14 »VA> "Business Turkey in doing?" You're doing business in doing banking at world stan- Turkish bank since the financial Turkey. But it all looks like dards for over a century now. crisis of 1994. "business Turkey in doing". Selected as the "Best Bank" Among the banks in Turkey, Things are
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  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      45 14 THOUJMANV G>RFMNIS op SPSKJD N TVI£. I fee.&roJ-"oo I HOW rsw IN rM€j ?v«te DO Sou *VJ TUG.) Vqc£W9.l>,, rr=- I DOONESBURY GARRY TRUDEAU ssssbjt WHY PIP ANY OF G6THE&. lOEMAPEA f= *V77J ZfA£' 7^— El THIS HAVE TO FAMILY. WHY PIPYOU A MAN? I
      45 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      It pays CityDev, CPL to help FCC lift compensation
      770 15  -  THE PROPERTY COLUMN By Lee Han Shih FIRST Capital Corporation (FCC) stands to lose $30 million when its Woodlands site is acquired by the government. But its competitors City Developments Ltd (CityDev) and Centrepoint Properties Ltd (CPL) are eager to help
      770 words
    • Article, Illustration
      Rush to convert Perth office buildings into hotels
      480 15  -  Increasing demand and soaring room rates provide the impetus, reports Surinder Singh Surinder Singh WHILE investors in Sydney, Melbourne and Brisbane are putting their money into office buildings, investors with office buildings in Perth are converting them into hotels. Insufficient hotel rooms
      480 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
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      227 words
    • Advertisement
      Page 15 Advertisements Column 2
      259 15 INDUSTRIAL DEVELOPMENT SITE NO. 31 TANNERY LANE V\ \V ~l Located within MacPhersonlndustrial V\ *****6 'V Prime corner site X VSh i Land area: 15,936 ft 2 1480.5 m 1 2 IwaX AX A T ph ih i Tenure: Freehold g 2 For further details, please contact Dennis Yeo: *****20,
      259 words
Page thumbnail Page 16
  • Article
    Lock icon Consumer spending and incomes in US rose in September
    459 16 Bloomberg Business News WASHINGTON US consumer spending rose 0.2 per cent in September, suggesting Americans are not yet ready to put away their wallets. Personal income, meanwhile, rose 0.4 per cent during the month while the savings rate increased, the Commerce
    Bloomberg Business News  -  459 words
  • Article
    Lock icon US refunding announcement in jeopardy
    428 16 Rubin warns of delay if Congress does not raise nation's debt ceiling soon Bloomberg Business News WASHINGTON Treasury Secretary Robert Rubin said the government will be forced to delay its quarterly refunding announcement if Congress does not increase the nation's debt ceiling early this week.
    Bloomberg Business News  -  428 words
  • Article, Illustration
    Lock icon Show of support
    48 16 Renter SOWETO, Sooth Africa African National Congress supporters carrying posters of their locnl candidates as they arrive at a weekend rally in this township. President Nelson Mandela has urged all South Africans to vote in elections this week to complete the transition to democracy. Renter
    Renter  -  48 words
  • Article
    Doctors still forbid Yeltsin to meet aides
    263 16 AFP MOSCOW Russian President Boris Yeltsin spent his fifth day in hospital yesterday, still banned from contact with his top aides. Despite assurances following the 64-year-old president's hospitalisation for heart trouble that he remained in command of affairs of state, Mr Yeltsin is
    AFP  -  263 words
  • Article
    Death for tax evaders?
    75 16 Reuter BEIJING China's parliament yesterday voted to introduce the death penalty for value-added tax fraud in which the state suffers a major loss. The standing committee of the National People's Congress said the penalty would come into effect on April 1, 1996. VAT fraud is widespread,
    Reuter  -  75 words
  • Article
    Britain alone will decide
    108 16 AFP LONDON Britain will not be forced into a single currency, but the country's interests will suffer if it acts as though monetary union will never happen. European Commissioner Yves-Thibault de Silguy, who is responsible for economic and monetary affairs, said yesterday that that the decision
    AFP  -  108 words
  • Article, Illustration
    Working on retirement — the tripartite way
    784 16  - Working on retirement the tripartite way The Bottom Line CHUANG PECK MING CHUANG PECK MING The writer is a BT correspondent WE ALL thought that was it: the retirement age for workers was set by law at 60 and would be extended in stages to 67. The labour unions, keen
    784 words
  • Article
    EU exploring single arms industry policy
    288 16 Reuter BRUSSELS The European Union is broaching a topic that has been taboo during most of its history whether to develop a common policy for the defence industry. The EU's 15 member governments still maintain firm control over their arms makers, something explicitly allowed
    Reuter  -  288 words
  • Article
    For sale: Gandhi's book
    82 16 Reuter LONDON Indian independence crusader Mahatma Gandhi's personal copy of The Bhagavadgita, the sacred Hindu text that he regarded as a major influence on his life, is to be sold at auction in Britain. Phillips auction house said yesterday that the book would be sold on
    Reuter  -  82 words
  • Article
    Manuscript on the block
    74 16 Reuter BERLIN The German manuscript of perhaps the century's most famous antiwar novel All Quiet on the Western Front is going on sale after remaining undiscovered for decades. Auctioneers Sotheby's said yesterday that it expected the hand-written manuscript of Erich Maria Remarque's 1929 novel, which has
    Reuter  -  74 words
  • Article
    Major Japan exporters revising yen/dollar rale
    144 16 AFP TOKYO Many major Japanese exporters, including electronics manufacturers, steel makers and car makers, are setting their in-house exchange rate at about 95-100 yen to the dollar for the six months to March, up from 85-90 yen in the previous half. Most of these
    AFP  -  144 words
  • Article
    Another child for Juppes
    42 16 Reuter PARIS French Prime Minister Alain Juppe's wife gave birth on Saturday to the couple's first child, Clara. His office said yesterday that Mr Juppe, SO, and his wife, Isabelle, have two children each from previous marriages. Reuter
    Reuter  -  42 words
  • Article
    Papers not for sale
    81 16 Bloomberg Business News LONDON United News A Media pic yesterday denied it was to sell its Daily and Sunday Express newspapers. "The Daily and Sunday Express are not up for sale," said David Sterling, a spokesman for United News. United News said it was continuing to
    Bloomberg Business News  -  81 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
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      211 words
    • Advertisement
      Page 16 Advertisements Column 2
      22 16 Distributor for Nttsuko Keyphone Systems A EPABX: SifiKjApOßE SINGAPORE COMMUNICATIONS EQUIPMENT CO PTE LTD T»t STB TOBB ■Every Call Is A Commitment!
      22 words
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  • COMPANIES & MARKETS
    • Article
      Gold Peak unit likely to price IPO shares at around US$2
      179 17  -  David Mok SINGAPORE Electronics firm GPE Industries is expected to price its main board initial public offer (IPO) at around US$2 (552.82) a share when it is launched this Thursday. Sources say the offer could raise between US$lO-US$2O million,
      179 words
    • EYE on your STOCKS
      • Article
        MARKET MOOD
        49 17 Weak '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 GrenJell, Ong Co, Nomura, Phillip, Smith New Court and WI Can.
        49 words
      • Article, Illustration
        Untitled
        98 17  - By Shiv Taneja DESPITE an oversold signal from the weekly RSI chart, Omni Mold's half-cent rise yesterday to 62 cents is unlikely to lead to any sort of rally in the company's share price. Volume is falling, and most of the other technical charts indicate moderately bearish signals. In the
        98 words
    • Article, Illustration
      Privatisation helps bring out the best in statutory boards: BG Lee
      297 17  -  DBS investment conference *i Paul Leo SINGAPORE Privatising statutory boards, despite their good financial and technical performance, is an advantage, Deputy Prime Minister Lee Hsien Loong said yesterday. "Operating as statutory board is similar, but not identical to, operating
      297 words
    • Article
      Acma partners Nortel to buy into ailing US modem maker Hayes
      491 17  -  By R Sivanithy SINGAPORE Electronics and telecommunications firm Acma is teaming up with Canada's Northern Telecom (Nortel) to buy into US-based Hayes Microcomputer Products Inc with plans to float the ailing company in two years' time just as it
      491 words
    • Article
      DBS fast spreading its wings in the region
      189 17 SINGAPORE DBS Bank's international operations and Asian Currency Unit activities account for close to half of the bank's assets and about a sixth of its income, chairman and chief executive Ngiam Tong Dow disclosed yesterday. Mr Ngiam, making the welcome address at
      189 words
    • Article
      Mustika Ratu looks set for nigh growth
      796 17  -  HOCK LOCK SIEW By Maggie Ford JAKARTA A company controlled by a Javanese princess making products whose recipes come from the Sultan's palace may seem an unlikely contender for growth stock of the year. But Indonesia's Mustika Ratu, which was listed on the
      796 words
    • Article
      S'pore Food Industries lifts stake in UK firm to gain Europe foothold
      299 17  -  By Genevieve Cua SINGAPORE Singapore Food Industries, a subsidiary of the listed Singapore Technologies Industrial Corp, has raised its stake in a UK-based chilled foods company to over 80 per cent. In a statement yesterday, STIC said SFl's
      299 words
    • Article
      RDC, Gim Huat tie up to operate Karimun quarry
      176 17 SINGAPORE Listed Resources Development Corp (RDC), a member of Sembawang Corp (SembCorp), and Gim Huat Pte Ltd are to jointly undertake a quarry operation in Karimun Island, Indonesia. The agreement was signed yesterday by the two groups' wholly-owned subsidiaries, RDC International
      176 words
    • COMPANIES
      • Article
        Remisier found dead
        89 18 SINGAPORE The body of Alvin Lee, a 38-year-old remisier at Summit Securities (S) was found at the foot of the World Trade Centre yesterday morning. Police are investigating the incident, which has sparked rumours in the stock market yesterday. Lee is understood to have owed Summit some
        89 words
      • Article
        Datacraft ties up with Spring
        48 18 SINGAPORE Listed Datacraft Asia has been selected by Sprint Corp as its service partner in Asia. Sprint is the third largest US telecom service provider. Under the agreement, Datacraft will perform a comprehensive range of services and training for Sprint's operations in Asia.
        48 words
      • Article
        Kian Ho placement shares sold
        59 18 SINGAPORE Kian Ho Bearings, which launched its IPO on Oct 26, said yesterday that all the 11.25 million placement shares at $0.50 each have been fully subscribed, raising a total of $5.6 million. Kian Ho plans to raise a total of $14.1 million from its
        59 words
      • Article
        Goldtron warrants expire on Nov 24
        43 18 SINGAPORE Goldtron Ltd said yesterday that the subscription rights of the warrants for new shares of $0.20 each will expire a£? pm on Nov 24. Any warrants not exercised thereafter will lapse and cease to be valid.
        43 words
      • Article
        Trafalgar to sell floating plant
        48 18 Bloomberg Business News LONDON Trafalgar House pic has agreed to sell its Emerald Ptoducer floating production facility to Seatankers Management Ct>for U5533.25 million (Ss46 million). The Emerald Producer an unaudited book value of about £20 million (Ss44 million) oo'Sep 30. Bloomberg Business News
        Bloomberg Business News  -  48 words
      • Article
        Rules out for closed-end fund listing
        494 18  -  Funds must have minimum Msloom paid-up capital; limited borrowing allowed From Ho Kay Tat in KUALA LUMPUR CLOSED-END investment funds seeking a listing on the Kuala Lumpur Stock Exchange (KLSE) must have a minimum paid-up capital of Msloo million (SSSS.7 million) and must offer
        494 words
      • Article
        Pacific Can to relocate operations through joint-venture move
        263 18  -  By William Chia SINGAPORE Pacific Can Investment is using a joint venture company in Malaysia to acquire and relocate its canning operations. PacCan said yesterday it would take a 33 per cent stake in joint venture firm E&U Industries by purchasing 3.3
        263 words
      • Article
        KFC buys Pizza Hut operator in Malaysia for M$38m
        237 18 Bernama KUALA LUMPUR KFC Holdings (Malaysia) Bhd yesterday announced its acquisition of Pizza Hut, for MS 38 million (5521.16 million). KFC said in a statement that the acquisition was made through the purchase of a dormant company, Arastin Sdn Bhd, on
        Bernama  -  237 words
      • Article
        Hup Seng Huat's profit slumps 29% on high costs, competition
        187 18 SINGAPORE High costs, slow demand from the oil refinery industry and stiff competition have dragged down hardware stockist Hup Seng Huat's (HSH) net earnings by 28.9 per cent to $4.83 million. For the year ended July 31, the group recorded
        187 words
      • Article
        Datuk Keramat's first-half pre-tax profit up 12%
        101 18 Bloomberg Business News KUALA LUMPUR Datuk Keramat Holdings Bhd, the holding company for United Malayan Banking Corp (UMBC), said pre-tax profit rose 12 per cent to M$ 154.56 million (SsB6 million) in the six months through July, compared with a year earlier. The
        Bloomberg Business News  -  101 words
      • Article
        Untitled
        568 18 Oct 3i Maffaa QranM lav Mgk MG Spore PremierT 0.19 0.93® Singapore Unit Trast MG Asia Premier T 0.90 0.94@ The Commerce I.M 1 60 CBfaWJ iBVWbMBt Bank S pore Prog Food 0.56 0.60xd Citi Global Bond Fd 0.977 0.917" S'pore Sec Fund 0.«7 0.92 Cili D f n Fd
        568 words
      • Article
        Hopewell plans to spin off its troubled projects
        536 19  -  Fran Quak Hiang Whai in HONGKONG TYCOON Gordon Wu's Hopewell Holdings plans to spin off its troubled infrastructure projects in China, Thailand and the Philippines within a year. Its long-delayed Guang-zhou-Shenzhen toll highway project will be divested in six months, Mr Wu
        536 words
      • Article
        Sum Cheong suffers 60% profit fall to HK$27.6m
        256 19 HONGKONG Singaporebased heavy construction and engineering company Sum Cheong International, which was refused a listing in Singapore last year, has suffered a sharp drop in net profit for the year ended June 30 despite a leap in group turnover. Net group profit
        256 words
      • Article
        Fletcher Challenge first qtr profit doubles to NZ$190m
        266 19 Bloomberg Business News WELLINGTON New Zealand forestry and energy group Fletcher Challenge Ltd yesterday said net profit in its first quarter to Sep 30 was NZ$l9O million (SSI77 million), about double the figure for the yearearlier period, and it expects to report
        Bloomberg Business News  -  266 words
      • Article
        Hudson Timber shareholders told to reject offer
        407 19  -  Board says Winwood's higher offer still undervalues Aussie firm From Surinder Singh in SYDNEY THE directors of Hudson Timber and Hardware have told its shareholders they should reject the revised offer of A 50.84 a share from Malaysian-backed Winwood Forest Industries. Winwood had
        407 words
    • FINANCE & COMMODITIES
      • Article
        Japan banks mull over swift, total write-off of bad loans
        539 21 Reuter, Bloomberg Business News TOKYO Several big Japanese banks are considering writing off all their problem loans linked to housing loan firms at once, and may do so as early as at the end of the business year next March
        Reuter,; Bloomberg Business News  -  539 words
      • Article
        Merrill case not a retaliation over Daiwa: Japan
        440 21 Lawyer says alleged improper securities trades were technical violations Reuter TOKYO A Japanese finance ministry official yesterday denied that last week's announcement of possible sanctions against Merrill Lynch Japan was intended as retaliation against US criticism over the Daiwa Bank scandal. "There
        Reuter  -  440 words
      • Article
        BankAmerica chief reaffirms support for Hongkong
        374 21  -  From Quak Hiang Whai in HONGKONG THE head of Bank of America has reiterated the US banking giant's commitment to Hongkong by declaring the territory "the most open, flexible and centrally located Asian business environment in which we operate". In his speech to the
        374 words
      • SMALL CHANGE
        • Article
          No US rate cut this year: economist
          65 21 Reuter HONGKONG The US Federal Reserve is not likely to cut interest rates in 1995, said Charles Lieberman, chief economist at Chemical Banking Corp. "We think economic activity in the US is picking up in a period of sluggish growth," he told a
          Reuter  -  65 words
        • Article
          Henderson Land to sell yen bonds
          67 21 Reuter HONGKONG Henderson Land Development Co Ltd will sell 30 billion yen (Ss4l7 million) of bonds in Japan by the end of the year, according to a report in yesterday's Hongkong Standard. The money will be used for working capital. Earlier this year, Henderson
          Reuter  -  67 words
        • Article
          Challenge Bank net profit up 21%
          77 21 Bloomberg Business News PERTH Challenge Bank Ltd said yesterday full-year net profit rose 21 per cent to A 548.9 million (5545.5 million). The result includes a one-time loss of A$ 1.2 million. The year-earlier result included a one-time loss of A 55.3 million. Revenue
          Bloomberg Business News  -  77 words
        • Article
          GoldCorp to issue palladium coin
          71 21 Reuter PERTH Australia's Gold Corporation said yesterday it will this week issue its first legal tender palladium coin. The coin, to be called the Australian Emu, contains one troy ounce of 99.95 per cent purity palladium and will be minted at GoldCorp's Perth Mint. A
          Reuter  -  71 words
        • Article
          20% of advances are problem loans
          86 21 Reuter LONDON Problem loans at China's four large commercial banks stand at 20 per cent of total advances, but less than 2 per cent are irrecoverable, the Financial Times yesterday quoted Chinese central bank governor Dai Xianglong as saying. The newspaper also quoted a
          Reuter  -  86 words
      • Article
        Tokyo Posts Ministry scales back funds entrusted to Daiwa
        268 21 Bloomberg Business News TOKYO Japanese institutional investors are distancing themselves from embattled Daiwa Bank. The Ministry of Posts and Telecommunications confirmed yesterday that its 200 trillion yen (SS2.B trillion) postal savings system, the country's largest investor, is scaling back the amount
        Bloomberg Business News  -  268 words
      • Article
        Wheat Hill replace rice as Third World staple: report
        276 22 Reuter WASHINGTON As the growing world population puts pressure on the food supply in the next several years, wheat will displace rice as the developing world's number one food, a World Bank research group said. Bread is becoming the staple of
        Reuter  -  276 words
      • Article
        China's Nov diesel imports to rise
        297 22 Reuter SINGAPORE China's diesel (gas oil) imports in November will rise from October as end users rush to use import licences expiring at the yearend, but the rise will be constrained by tight storage at major oil refineries, Chinese sources said. "Total imports in
        Reuter  -  297 words
      • Article
        LONDON
        187 22 Reuter LONDON The dollar kicked off the European week on a firm note against the mark and yen, reflecting general mark weakness on the European crosses. But the US currency is unlikely to climb much further session as uncertainty creeps in ahead of yesterday's referendum in Quebec, dealers said.
        Reuter  -  187 words
      • Article
        NEW YORK
        87 22 AFP NEW YORK The dollar was irregular yesterday morning in light trading amid anticipation over the outcome of a referendum on splitting the province of Quebec from the rest of Canada. At about 14:15 GMT, the dollar fetched 1.4068 marks, down from 1.4090 on Friday, and 101.73 yen
        AFP  -  87 words
      • Article, Illustration
        Untitled
        1148 22 Trtaie coictdottd ogBMSt S port 3 Mp 14 trait* rmtmn. Bmt ymr IMS US$/5$fanm4 rate Noon Oct 30 9» BU Ofhr iHooodi ***** ***** 2-watk 1.4114 1.4129 Vmontfa 1.4043 1.4100 6-mooth 1.3995 ***** Sow OCBC Source: OCBC KMBJQN CUMDICY WOTC ROTES to §tf Smeaport doUon to «K Mit of foreigB
        1,148 words
    • COMMODITIES & FUTURES
      • Article
        Euroyen softer, Eurodollars mixed
        1264 23 Reuter SINGAPORE Simex Euroyen futures ended easier but off their day's lows while Eurodollar futures were mixed in quiet trade. Euroyen futures came under pressure from gains in the Nikkei cash market, but were supported by some shortcovering before the close of trading on Simex. March
        Reuter  -  1,264 words
      • Article
        Tin firms on rising London market
        680 23 MAdyMuTy PCP/WTC COMMODITY (CrUllfS KL Th Tin price on the K.LTM started the week with a three sen rise to MSIS.6S per kg following a better close on the LME last Friday. On the LME, a US$25 gain of three-month tin helped the local
        680 words
      • Article
        Delay in Vietnam's new mining law
        72 23 BANGKOK Vietnam's long-awaited new mining law won't be approved by the country's national assembly until April at the earliest, a government official said yesterday. A draft of the law was submitted to the assembly in April this year and was expected to be passed
        72 words
      • Article
        Taiwan firm to cut copper imports
        120 23 TOKYO Taiwan's Walsin Li Hwa Electric Wire and Cable Co will reduce the amount of copper it buys under long-term contract for 19%, a senior company official said yesterday. Walsin, one of the largest producers of copper wire and cable in Asia, currently has
        120 words
      • Article
        Asia soybean outlook
        78 23 HONGKONG Japan is seen to be the only soybean buyer this week to cover December positions, while buying groups in South-east Asia and Taiwan will be on the sidelines due to strong prices. Many buyers are reluctant to purchase soybeans C&F while freight rates continue to drop.
        78 words
      • Article
        Pakistan raises palm oil import duty
        51 23 KUALA LUMPUR Pakistan raised import duties for palm oil by 10 per cent on Saturday, Malaysian traders said. Before the increase, the duty stood at 8,550 Pakistani rupees (*****) per tonne. Pakistan al<fi increased import duties for other edible oils, machinery and goods, traders
        51 words
    • Article
      COMMODITY PRICES
      1241 23 MCOMFM— UO»W) MIChM (Scents/kg) CVwe Volume Opea Month Hifh Low Sett (to—w) Iniert* nSTm SiTso filso fiEjo 12s IS rw q < 213.00 2050 in 96 213.90 210.50 210 50 425 1100 Feb 96 213 50 210.50 210.50 425 1100 Mar 96 213.50 210.50 210 50 425 1100
      1,241 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        831 24 +0.1 SHARES closed marginally higher yesterday as weaker commodities combined with caution ahead of balance of payments data due later in the week to restrain investors. "We've had softer results from some companies for a while now," a broker said, indicating that they had contributed to lacklustre trade. The
        831 words
      • Article
        Manila
        543 24 -41.52 Shares closed lower on a massive blue-chip sell-off by foreign investors amid inflation fears and rumours of poor corporate results. The PSE Composite Index lost 41.52 points to 2,470.82. Turnover was 3.67 billion shares worth 957 million pesos. Philippine Long Distance Telephone, stung by a U552.75 retreat in
        543 words
      • Article
        Taipei
        429 24 •8&41 Stocks finished lower with all eight major categories falling "Pessimism dominated the bourse and lower-than-expected earnings dealt further blows to investors," said an analyst. The 321-issue Weighted Price Index fell 80.41 points to 4,817.04. Turnover was 598 million shares worth NTS 18.6 billion. Falls beat risers 305 to
        429 words
      • Article
        Seoul
        474 24 -8.18 Stocks fell on investor concern the investigation into former President Roh Tae Woo's slush fund could hurt companies implicated in the scandal. Mr Roh apologised on Friday to the nation for collecting US$65O million (***** million) in secret funds from corporations during his presidency, from 1988 to 1993.
        474 words
      • Article
        New Zealand
        296 24 +8.45 Shares ended firmer after a moderate session, with forest stocks taking centre stage. The NZSE-40 Capital Index gained 8.45 points to 2,186.11 on NZ$39 million turnover. A trader said the market was mostly leader-driven and had performed quite well, fed by improved order-flow in the forest sector.
        296 words
      • Article
        Bombay
        70 24 -24.67 Share prices finished lower in volatile trading undermined by late profit-taking. The 30-share BSE Index closed down 24.67 points to 3,419.45. The 100-stock National Index ended 1.48 lower at 1,556.50. Brokers said the sell-off was triggered by a subdued trend in the rival National Stock Exchange, where today
        70 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        610 24 Brtta—hi Fnfc Swrliag CMh Bid Offer Mini Cap Dcpoart M.4400 31*500 Miaa Jcncv Gill.. 0.H9) 0.1992 MnMulncoM *0.9)00 *0 9*00 LS$ Cask Income Plat Fund 10.0)00 10 5400 PS S Rcacnrc Fund *5 5900 *5 *000 fiwolpSSbnMBct -.0.4592 0 49)1 Far Em Fund *1.7*50 *2.97)0 Mm Portfolio 2.0M0 2-2570 UK
        610 words
      • Article
        London
        610 24 UK stocks rose, tracking an advance by government bonds and gains in US bond and equity markets. Rising prices for British Telecom, Glaxo Wellcome, London Electricity and Reuters helped the advance. Takeover speculation also contributed to market gains, boosting the likes of Brittanic Assurance and Standard Chartered. Price movements
        610 words
      • Article
        Paris
        152 24 +52.96 Share prices closed sharply higher on rate cut expectations in the wake of pledges from President Jacques Chirac and his government that the reduction of public sector deficits is now France's top priority. The CAC-40 Index closed 52.96 points higher at 1,795.34. Volume was 4.1 billion francs. Signs
        152 words
      • Article
        Frankfurt
        176 24 +3.60 Share prices were slightly higher in quiet trading on short-covering and a relatively stable dollar. The Ibis DAX Index closed at 2,149.71, up 3.60 points. "It's just technical trading this afternoon with no serious investor interest," said a broker. "Stocks have consolidated even though the dollar has drifted
        176 words
      • Article
        Milan
        174 24 ■3 Shares slipped back through most of a quiet trading day to end mixed as the lira gave back its weekend gains and the fall in Ferruzzi and Montedison shares weighed down on overall market sentiment. Shares had opened firmer reflecting a higher lira but edged back as the
        174 words
      • Article
        Amsterdam
        220 24 Dutch shares closed stronger, but off early highs on a Wall Street-inspired opening sprint. The AEX Index closed 3.42 points higher at 447.93. Trading was particularly heavy in airline KLM ahead of today's second quarter results. KLM closed off 50 cents at 50.50 guilders on concerns that second quarter
        220 words
      • Article
        Stockholm
        108 24 +39.6 Swedish shares erased part of last week's heavy losses and closed sharply higher in an export sector-led rally. The OMX Index closed 39.6 points higher at 1,364.0 but volume was 2.4 billion crowns. Brokers said the future direction was uncertain. "Many people ask if this is a correction
        108 words
      • Article
        Brussels
        173 24 +7.60 Shares closed higher but off its morning highs as the market again failed to clear the strong resistance area between 1,425 and 1,430. Traders said they expect another break-through attempt soon, but doubt that the buying power would be strong enough to overcome the overhead supply. The Bel-20
        173 words
      • Article
        Zurich
        210 24 4-31.3 Swiss shares closed higher in lethargic trade. Dealers said yesterday's trade was mainly a technical recovery after last week's plunge. But investors remained cautious although the dollar was slightly firmer. Trading in a few blue chips led the index higher. The SPI Index closed up 15.07 points to
        210 words
      • Article
        Johannesburg
        334 24 +6.0 Shares ended mixed after drifting throughout the day in a sombre market wary of investment ahead of a public holiday tomorrow for local elections. "The market has been very quiet. It could pick up after the holiday," a dealer said. He added that investors were concerned about taking
        334 words
      • Article
        Toronto
        204 24 -4.1 Stocks are seen trading sideways as investors await the results of yesterday's Quebec referendum on separating from Canada. The TSE 300 Composite Index slid 4.1 points to 4,331.2 on volume of 4.5 million with a value of Csss million. "I think it'll just drift. I think a lot
        204 words
      • Article
        New York
        641 24 +9.04 Stocks were stable with modest gains in quiet trading yesterday as the market tried to extend Friday's rebound even though bonds lost their initial gains. The Dow Jones Industrial Average, which rebounded 37.93 points on Friday, was ahead 9.04 to 4,750.79 at 11am EST. The NYSE Composite
        641 words
    • Article, Illustration
      HONGKONG
      2354 25 Bloomberg Business News HONGKONG Slocks fell as mixed economic news from the US clouded the outlook for lower interest rates. "We are confused by the US economic data,' said a trader. The Hang Seng Index ended at 9,6/2.39, down 8.36 points. About HKS3.S billion worth of shares changed hands.
      Bloomberg Business News; Source: Bridge Info  -  2,354 words
    • Article, Illustration
      CHINA
      551 25 CLSA IN Hongkong, the H share index lost 5.95 points at 935.93 on turnover of HKS2.2 million. The top gain was Guangzhou Shipyard, up 1.1 per cent. Tsingtao was the worst performer of the day, down 4.5 per cent. The Shanghai B Index closed 0.1 per cent higher on
      CLSA  -  551 words
    • Article, Illustration
      TOKYO
      2296 25 Bloomberg Business News TOKYO Stocks rose for the first time in six sessions as a rebound in banking shares offset investor disappointment over what has started out as a lacklustre midterm earnings season. "We're seeing a rebound in some of the financial sectors that got pounded last week, and
      Bloomberg Business News; Source: Bridge Info  -  2,296 words
    • Article, Illustration
      BANGKOK
      1247 25 Reuter BANGKOK Stocks ended just higher in slim volume on selective buying by foreign investors and mutual funds. The SET Index ended 2.12 prints up at 1,273.53 on 2.9 billion baht turnover. Risers led falls 139 to 104 while 137 were unchanged. "Some foreigners were picking up shares and
      Reuter; Source: Bridge Info  -  1,247 words
    • Article, Illustration
      JAKARTA
      1096 25 Reuter JAKARTA Share prices finished the day lower in modest trading after blue chip selling in the late session, brokers said. The Composite Index fell 4.16 points to 490.31. "Players were seen putting selling pressure on some blue chips such as Sampoema, Indofood and Gudang Garam to take profit,"
      Reuter; Source: Bridge Info  -  1,096 words
    • Article
      CLOB INTERNATIONAL
      1875 26 Cr Cr ,«m LM Vol Day La« Qmt Do Dh> VM N« M C«f Lk CMfuj Salt W- (Kt) High Low Bayer Sdhr C*w P/E S"«l MALAYSIAN STOCKS A7* i qa m vioo a isa vv 32S 310 320 3.0 *2.9 0.3 336.4 127 77.5 m 5001 AMDS
      1,875 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Share prices fall, led by property companies
        5702 26 Bloomberg Business News KUALA LUMPUR Stocks dropped, led by property companies, as investors reacted to the new restrictions on foreigners buying real estate in Malaysia. "This can be very bad for property companies which depend to some extent on sales to foreigners," said
        Bloomberg Business News; Source: Bridge Info  -  5,702 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        5125 27 I t I- I v«l D., Liu Oaow Dh YM NH Ca» A»1 HHfc W 5 Uw C—mm sSJ |D00( Hick Law *T" SelWr Cw P/E sJl Prtca H Miii mil aim) COMMERCIAL 210 17* 2££fI 5 $L US 4)2uUILp 7 ,W 7 5 8 '0» 490 311* mt 1000
        5,125 words
      • Article, Illustration
        Share prices fall across the board in quiet trade
        1733 28  -  By R Sivanithy SINGAPORE Sentiment worsened in the local stock market yesterday, pulling prices lower across the board. In withering volume, the Straits Times Industrials Index, which had earlier risen, lost 5.27 points at 2,100.16 and the KLSE Composite Index lost
        Charts by Bridge Info; Source: Bloomberg  -  1,733 words
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      291 17 NEWS VALUE M*siaa property stocks falvlctka to toMfestreactlea (pg 1) Further falls seem likely before buyers emerge. S*pere property stocks fall is expectations if find Apontoa (pg 1) Positive impact probably more psychological than real. KLSE orders recal of Geatkigskares I) More such news can be expected as scripless trading
      291 words
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      89 18 m m i p» mm tk mEUL jjßtijsl ■Tl > '*M if «mHH| "•fIHiH rll "kMm I k» W* Wm m' m < Garuda Indonesia now flies direct from Singapore to Hong Kong three times a week. So you ran savour our Indonesian hospitality, not twite but thrice. Garuda Indonesia
      89 words
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      158 19 ITON wemd .j J ji Y With the Mini Disc from Sony, you hove the freedom to record your favourite music in superb digital sound. And each MD offers up to 74 minutes of digital-to-digital recording in a single disc just half the size of a CD. Or 148 minutes
      158 words
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      2217 20 B U S_J_Jl_E_S_S__L±iLJL^_— NOTICE NOTICE IS HEREBY GIVEN that, I SNG KIN HEE, of Blk 65, #02-303, Commonwealth Drive Singapore *****5, have applied for a Retail Liquor Shop Licence in respect of M/s Shop N Save Singapore located at 165 Tanjong Pagar Road, #0301/02/18, The Amara Singapore 0208, and that
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      749 20 NOTICE NOTICE IS HEREBY GIVEN that, I NG BOON TIONG, ROGER of Blk 357, #06-602, Tampines St 33 Singapore *****7, have applied tor a Retail Liquor Shop Licence in respect of M/s Shop N Save Singapore located at 2 Tampines Central 5, #81-07, Century Square Shopping Centre Singapore *****9 and
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      511 21 f Nanyang Business School I';-. I- i I I I I I I I I 11 The Nanyang Business School offers both undergraduate and postgraduate degrees in I M 1 1 1 1J IVI 11 M l" Accountancy and Business. It has highly trained faculty with extensive business and professional
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      62 21 ".V Deco Metals sunglasses feature 4 new lens shapes th.it superbly combine functionality and style. I Fngmeered to be strong yet lightweight, the beautifully decorated gold or silver frames are engraved with a fine filigree pattern K.i/ Ban Dero Metals perfectly understated to complement an elegant, yet pratical lifestyle for
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      960 22 ?^&!$$)',(")-(~;_<@$\;--=)_;+($ This announcement appears as a matter of record only. LIANG HUAT ALUMINIUM LIMITED (Incorporated in the Republic of Singapore) Issue of Ssso,ooo f ooo principal amount of 3.5 per cent, unsecured bonds due 2000 with 54,500,000 detachable warrants to subscribe for 54,500,000 new ordinary shares of Sso.lo each in
      960 words
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      509 22 IN THE MATTER Of THE COMPANIES ACT. CHAPTER SO ANO IN THE MATTER OP THE WINO ON REALTY CO. (8) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act, Chapter 50, that the FINAL MEETING of the Mam bar*
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      162 23 BUSINESS T I M_E_^S__ r uwjor "ucbice" notice 1 NOTICE IS KEREBY GIVEN that, I, Urn Yew Chin of Blk 604 Ang Mo No Ave 5 #09-2697, Singapore *****4, have applied 5 for a Retail Liquor Shop Licence in reepect of M/eKa Wan Mini Mart located et Blk 422 I
      162 words
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      Page 23 Advertisements Column 2
      20 23 As and when the latest London/ Rotterdam prices are not available, tke previous trading day's closing fignres are carried instead.
      20 words
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      96 24 Acquire An Original Monsieur Waterman invented the world's first reliable fountain pen. Man 100 was created to celebrate the Waterman Centennial. Each nib is the result of fifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers
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      207 28 IhiMin Tlmlm TTf CLM M LOW MM k 52* rrrr u> tn ui M|ta» Mil Ml Ml MB r MmM I.TI I.TT (.N I.T» ■MMMMM IjW 14? IJW IJH fi a i nni|-i mt ms ms mi Pubtahad by Jwtfna RanwiQ international Sacixtias LmM < (Incorporated *1 Bnbah \Argin Wand)
      207 words
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  • Shipping Times
    • Article
      DAILY FREIGHT
      514 29 Knight-Ridder, Reuter A GRIM week for owners concluded with Atlantic Panamax grain rates retreating again, and the Baltic Freight Index (BFI) lost another 17 points to 1,559. Despite an upturn in the Biffex market, with rumours of a potential Russian chartering programme said to have inspired forward buying,
      Knight-Ridder, Reuter  -  514 words
    • Article
      Burmeister rescue plan blocked by bank
      208 29 Bloomberg Business News COPENHAGEN Chemical Investment Bank voted against a reconstruction plan put forward by US creditors of Burmeister Wain Holding A/S, a decision that means the Danish shipbuilder will probably go bankrupt in the days ahead. The 152-year-old company has held five months
      Bloomberg Business News  -  208 words
    • Article
      MARITIME STOCKS
      319 29 SES '000 Oct 30 S$ Vol CWT Distribution 1.52 unch 17 Chuan Hup Holdings 1.18 -0.01 122 Cosco Investment 1.90 -0.03 5 Far East Levingston 6.10 -0.10 21 Freight Links Express 0.68 -0.02 44 GB Holdings Ltd 0.92 -0.02 63 Hai Sun Hup Group 0.89 -0.03 433 Hitachi
      319 words
    • Article, Illustration
      KL's moves unlikely to hit S'pore in short term, some say
      461 29  -  By Alec Almazan, Yong Mei Fong SINGAPORE Responding to measures by Malaysia to increase the use of its ports, some players in the maritime industry said Singapore's cargo volume was unlikely to be affected, especially in the short term.
      461 words
    • Article
      China's foreign investment limits in freight forwarding sector to stay
      329 29 BANGKOK China has told Japanese freight forwarders it is difficult to abolish foreign investment limits in the mainland's freight forwarding industry for the time being The message was conveyed by the Chinese delegation to the fourth Japan-China gov-ernment-level meeting on
      329 words
    • Article
      M'sian navy buys 2 corvettes
      245 29 Bloomberg Business News MILAN Italian shipyard Fincantieri SpA said it has sold two attack missile corvettes to the Malaysian navy, completing the sale of 11 ships that had been built for the Iraqi navy and never delivered. The terms of the sale weren't disclosed. The
      Bloomberg Business News  -  245 words
    • Article
      N Korean port sees more activity
      114 29 UPI SEOUL Western businessmen who regularly visit North Korea's Raj in port, designated a free trade zone in December 1991, say all four berths have been modernised and estimate activity in the port has risen by 50 per cent, albeit from a very low
      UPI  -  114 words
    • Article
      Marine insurance seminar to be held here next week
      227 29 SINGAPORE A two-day marine insurance conference kicks off next Monday in Singapore. The 2nd International Conference on Shipping, P&I, Marine Hull and Cargo Insurance in Asia will be held at the Hilton International Hotel. Singapore's Marine Department director, Teh Kong Leong,
      227 words
    • Article
      Kepphil wins tanker conversion contract
      303 29  -  From Al Labita in MANILA MANILA Keppel Group's Philippine unit has landed a 40 million peso (552.2 million) deal involving the conversion of a Singapore product tanker into an asphalt carrier. In a statement yesterday, listed Kepphil Shipyard Inc (KSI) said work on the 5,700dwt
      303 words
    • Article
      Japan to help Vietnam train sailors
      148 29 AFP HANOI Japan and Vietnam will cooperate in training Vietnamese sailors to enable them to work on Japanese ships, an official from Vietnam's Navigation Office said recently. A delegation from the Japanese Navigation Service has visited Vietnam to discuss establishing a training centre for
      AFP  -  148 words
    • Article
      Nedlloyd to expand China operations
      179 29 AFX-Asia AMSTERDAM Royal NedUoyd Group NV wants to expand its activities in China, and is considering starting inland waterways services and building a terminal in Shanghai, a company spokesman confirmed to De Telegraaf NedUoyd is also considering increasing the number of offices in China, the
      AFX-Asia  -  179 words
    • Article
      Car carriers see more buoyant times
      608 30  -  Worst is over for the vehicle shipments market and this is reflected by substantial investment in new tonnage. Clive Woodbridge reports Clive Woodbridge INCE the late 1980s, 1 there has been a significant reduction in k the volume of cars and trucks being deepsea.
      608 words
    • Article, Illustration
      Swedish line Wallenius steps up fleet renewal
      498 30 STOCKHOLM-based Wallenius Lines, the largest car and truck shipping line outside Japan, is stepping up its fleet renewal programme. Earlier this month, the company ordered two car carriers from Daewoo Okpo Shipyard in South Korea for delivery in 1998, as replacement for older
      498 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      327 30 Page ACL II ANL 3 Able 7 Accord 10 Ahlers 6 Ahrenluel 4 Appenship 4 Astro 10 Austral 11 Avant 6 BSA II Batamindo B'tangMas 10 Bright Express 6 CCNI 4 CMA 11 COSCO 7 CSAV 3 Centenary 7 Central Ex 11 Chahaya
      327 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      9751 36 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 Advertiser Vassal Voyage Pg SM Oeal n Nam*
      9,751 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        554 41 fraaai Voy No Bflh Arrival Departure I 30/95 J1 3010/1900 31.10/^800 Bu Petta Jaya 2/95 J1 30.10/0915 31.10/0915 BH Pulau T«>r 6/95 J1 30.10/1930 31.10/2359 BT? sSSti i 13/95 J1 30.10/1400 31.10/0200 Wander Grin 9501 J16/17 30.10/1000 31.10/1000 Jaya A97 J8 30.10/1015 31.10/0615 Sl68% J20/21 30.10/1000 31.10/1000
        554 words
      • Article
        CONTAINER SCHEDULES
        1632 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record BookJng/B*Unc« Raits SNp Voy No Etfa/Btr Ported Frew To From A« Swan 194* 01/0200 1A *jg*» 28 30/1700 31/0659 31/0900 3 31/0700 31/1159 31/1400 Ac* Violet 0538 31/2359 |A W500 30/1659 30/1900 2A 30/1700 31/0659 31/0900 28 30/1700 31/0659
        1,632 words
      • Article
        GLOBAL HOLIDAYS
        236 41 OCT 31 Gerauay: (Tentative) Closure of regional bourses, area banks and companies in states of Brandenburg, Mecklenburg Vorpommen, Saxony, Saxony-An halt, and in communities with Protestant majorities in Thueringen, for Reformation Day. Sloveaia: Reformation Day. Taiwan: Chiang Kai-shek's Birthday. NOV 1 Aastria, Bolivia, Central Africaa Republic, Chile, France,
        236 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Participants at Apec meeting seen favouring bilateral tack
        427 42  -  Alec Almazan SINGAPORE An Asia Pacific Economic Cooperation (Apec) group meeting here is leaning towards the more conservative approach of working within the bilateral framework of air agreements rather than the multilateral system to affect reforms. This was the view expressed by
        427 words
      • Article, Illustration
        Asia-Pacific airlines urged to adopt united stand
        338 42 lata annual general meeting Reuter KUALA LUMPUR AsiaPacific nations must adopt a common stand in negotiations with the US and Europe over landing rights, Malaysian Prime Minister Mahathir Mohamad said yesterday. Speaking to the International Air Transport Association (lata) annual general meeting, Dr
        Reuter; AFP  -  338 words
      • Article
        KL considers new airport in north
        336 42 Reuter KUALA LUMPUR Malaysia is considering a new airport for its northern region following cargo-congestion at the industrial hub of Penang, Malaysia Airlines chairman Tajudin Ramli said. "The place is just not sufficient. The government is already looking at a new airport for Penang
        Reuter  -  336 words
      • Article
        Japan seeks talks with US on United Airlines
        243 42 Reuter TOKYO Japan says United Airlines is not keeping to the rules of an agreement regulating air travel and has asked Washington for a meeting about the airline. Tokyo wants to keep the United issue separate from ongoing discussions about air cargo
        Reuter  -  243 words
      • Article
        Chrysler advertises for Japanese dealers
        194 42 Bloomberg Business News TOKYO Chrysler Corp, in a move reflecting its resolve to boost its Japanese sales, spent around US$lBl,OOO (*****.210) on a full-page advertisement in Japan's largest business daily seeking car dealers to sell its cars. Readers of Monday morning's edition of the Ninon
        Bloomberg Business News  -  194 words
      • Article
        UPS handled 1.47m packages a day in 3rd qtr
        318 42  -  By Rahita Elias SINGAPORE United Parcel Services (UPS), the world's largest package distribution company, handled a daily average volume of 1.47 million packages in the third quarter of this year. This meant that growth for the quarter ended Sep 30, 1995,
        318 words
      • Article
        Qantas, BA coordinate services
        67 42 Reuter SYDNEY Qantas Airways Ltd and British Airways pic started coordinating schedules on Sunday on the route between Australia and Europe. British Airways has introduced daily services from Perth to London, in addition to its daily Australian east coast-London services, while Qantas is maintaining its existing
        Reuter  -  67 words
      • Article
        Another firm plans Indon-made cars
        124 42 JAKARTA PT Citramobil Indonesia plans to produce made-in-Indonesia cars using technology from South Korean car manufacturer Hyundai, according to news reports yesterday. "We are scheduled to sign an agreement on the cooperation with Hyundai in November," the Media Indonesia daily quoted PT Citramobil Indonesia's executive,
        124 words
      • Article
        Aussie govt delays airports sale
        107 42 SYDNEY The Australian government has postponed preparations for its As 2 billion (SS2.IS billion) programme to sell publicly owned airports, following plans by opposition parties to block the legislation in the Senate, the Australian Financial Review reported yesterday. Opposition threats to stop the legislation stem
        107 words
      • Article
        EVA to buy 6 McDonnell planes
        127 42 SINGAPORE Taiwan's EVA Airways, a subsidiary of shipping giant Evergreen Marine, said it had signed a contract to buy six MD-90 planes from McDonnell Douglas Corp. EVA said in a statement the new aircraft will be placed in service on domestic routes in Tainan
        127 words
      • Article
        Cathay fears unfair competition from China-owned airline
        238 42 Reuter HONGKONG Hongkongbased Cathay Pacific Airways Ltd said it objected to plans by state-owned China National Aviation Corp (CNAC) to set up an airline in Hongkong and raised doubts about fair competition. "Competition is nothing new and nothing to fear but CNAC is
        Reuter  -  238 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1389 42 AIRCRAFT ARRIVALS DEPARTURES afe mm m no wm HMil QP081 1830 QF082 2090 SQ228 2120 KLB31 1029 KL644 0110 GA897 1295 KL838 2339 SQ327 1938 SQ026 2359 mm SQ348 2290 MM KZ073 1425 SQ288 2049 SQ286 2039 NZ074 2239 QF148 0910 B M BOM BM21 1109 SQ182 0910 SQ181 1419
        1,389 words
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      1049 30 i othmh oesr/NATiwa I i north ambrka [HjiiiWWt'h wiw muwmhm nrmrrmm tmi nxuo I a.[g[ali!als] g SsT IT S k 1"! SSSL-ar 2K! SS 3! SS! 3jj !K| jKj SE jvjj Sjj %£Lm*m Si! 2;'.: git Si! ■Mam «l jj/»_ Wii u/u wn wn n/n w/n u/ii| a/n wn| a/n
      1,049 words
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      Page 30 Advertisements Column 2
      248 30 Uhm and services represented by Members of the Reoistrv of Accredited (kffiSn* mvifMWf V Wl itVWVH J wl fWWWWW I Shipping Agents, Singapore National vaEjJJ] Shipping Association. r0» 3cvefrarjg enquires, contact yxpp*ng runes; W 740-2089 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday
      248 words
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      1198 31 1 SOUTH WIST EXPttSS (DWKT) I [ww 1 vor 1 giro giro lua low I"" <n hou wk m MlimWiWil ST" 24/14 27/ M Ivil 14/11 H/11 W» 14/11 17/" IV" W/11 23/11 WMB Wk 57!! ttTH iW~ li7fr ~Eft ag/ji «ZD—MALMIMIW mmt lu~ W/11 10/11 24/11 21/11 w/ll 31/11
      1,198 words
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      Page 31 Advertisements Column 2
      1651 31 HANJIN SHIPPING J USA CANADA I m* r n> nw oi 5rF m mi ms mk mbc ai cm m nz m ra m I Jn/n is/11 tt/11 "iiTiT" 27/n n/n ~v/\\ vm »/n «/n vfl\ */n n/ii W" n/n N/n B HiiTn 41/11 42/12 «t/ii «/u M/it 44/12 M/
      1,651 words
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      639 32 wssa Wf HAM nut ANT LHA STON PffiJUtt SIM Htt ttO HO SHI IOK w i STWTMTEOTBS 11/10 ~iTlO~ 12/10 IS/10 V" 7/11 Jfll_ M- -ML mii a/44i 14/10 iff ii/w i«/io wo s/11 vii !Aj Jlflt _!i£L r MBKHBWSS 2S/242 11/10 M/ 10 IVIO 22/10 'V" ML J&L —z_
      639 words
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      Page 32 Advertisements Column 2
      1476 32 NORASIA~| vessel voy Ism alq las set val ham bom hot ant no. lha SL PWOE WW 02/11 21/11 2*ll 20/11 2*ll 2*ll 2*ll 17/11 2*ll 2*ll NKI MSC CLAUDIA K44-3 17/11 17/11 WI 01/12 02/12 si. value Wll 2*ll 2*ll iri 04/12 02/12 n/12 04/12 o*l2 o*l2 07/12 lEAENOEAVOUR
      1,476 words
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      Page 32 Advertisements Column 3
      581 32 JAPAN/HONOKONQ/STRAITB REGULAR SERVICE LOADING FOR PORT KLANQ/PENANQ vt»«a vor itok pbupano w lpa YAYASAN LAPAM HO MPT WMOV mm i iu> wpt www Z HJMJW I MPT It MOV AtAMTEOUH 3 MPT «»0* WWW WMTaim* 1» wwov www HAWFAH 11 WWW WWW COMMSTJW I WWW WWW HWHUT IT WWW AM
      581 words
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      Page 33 Advertisements Column 1
      908 33 LTD I I M| 10 Nm Ckiasf Road #11-01 K*PH> Twrm IMLJB Slniptfi 0200 Ttl: *****00 Fax: *****17 WiIfIMMWHBM NtW GUINEA PACIFIC LINE jgfftEP (A SERVICE of china navigation CO) n ftb STUNTS HOP* MitSE OMm «Nw Htm.KMKJmM«L*mh. MTiTnraruiiKrriMWii stunts sum mast mm i«nw «*».u»a«a wxux ua»— OMMKAJMIK32 VKI2E 11
      908 words
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      Page 33 Advertisements Column 2
      1875 33 AI (Singapore Agencies) Pte Ltd A UV VJvIIUUIIUO It Hoe CMaag Road, «07-01Keppel Towers, Siagapore 0208 First Class Connections WORLDWIDE PNOCSP F K 225 5327/222 7517 EXPORT MPOtrr _i»J vessel vov <MK fH «T~| m«n m mam oot mc um vcmb. mai oornr ham m sou uh uat -mm -rw
      1,875 words
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      Page 33 Advertisements Column 3
      483 33 I OUTBOUND PVL I PEN JON SM HO MOW B WWWM QjMMWI| WW HM 213/ MS 2*ll |s*is| 01/111 K-M/11 I*ll WH MTII 11/11 I 17/11 I*ll I*ll_ I*ll wan hm 221«« ti/ii I «/rt Iwiil *m*ii W it/si wi HfiT TRT Wll mammmt wn TO ff-tmi iyti ha/11 i
      483 words
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      Page 34 Advertisements Column 1
      1034 34 EUROPE/UK/SCANDINAVIA/FINLAHD/RUSSIA run ROM ANW HBO THP LHV LHV THP ROM ANW NM PEL SOP E. RACER RW-007 Vll 24/11 25/11 21/11 21/11 24/11 I. GRAND RE-OS 4 in* Vl* 11/1* UH 13/10 VII M 1 t. RESULT RW-SM 11/11 1/11 M 2 VI2 M 2 VII EMS IMB IMB 2MB
      1,034 words
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      Page 34 Advertisements Column 2
      752 34 SRSIANOULF SERVICE I vosa voy mp ou* am mm hn kwt sm IN COMORO N7l-OOW «Vll 11/11 IMI IMI M/ 11 Wll IMI umcoaoma 3377 raw mu imi »ii tvii ani fn an UMOHWAAO D37J-010W 1411 3a- On? U712 *-2 (Rl2 #4H UM CHART SJ7MHW 2MI OM2 SM2 17/12 OM2
      752 words
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      Page 34 Advertisements Column 3
      564 34 SMCIgMIII -AW«iIMM:« <M PTE LTD TEL: *****33 (12 UNO) FAX: *****16/*****03 TELEX: R8 ***** NBMP (3 Unaai Cfl NO: **********08 ACCEPTING FCt AMD CONVENTIONAL Vmiil Voy «TA Ilia6ngter hhmmi mm or/ia MM 42W6 IMH QjfcouP A—to. Mm— w^asmFULLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH FCL/LCL ALSO BOtfSOC cxrorr toi Mauritius
      564 words
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      2130 35 CARBQ TO VJUNA,OKSMMO CMTAVIZAVU HHtflfffti MTTARTHIPPING PTE LTD c SSSJSPSmm zS:^" 7 S- a?s&r~ rrtpMfrr qst no nt-Hstmx costah Atmcitt (Kitoa imo > IM: I 7 SMIU/117 Ft: M UltlTt To: U.S. Esst Co«st To: From: USA. East Coost From CWw/Honfl Kong mnw nan ho w n u wc ial
      2,130 words
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      Page 35 Advertisements Column 2
      574 35 (j& FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 UNES) Weekly Sailing To SCANDINAVIA Bergen Oslo j Helsii*r Stavanger Dramraen JU Stockholm r denmawJ; For bookings enquiries please contact *****33 FAMOUS MOLLY P. KLANG PH. 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU
      574 words
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      1017 38 ——Emm— —am^—!■ [VESSEL I VOY I SIN JKT [VESSEL I VOY I WW PEN I^B 'J I WANABHUM 2968 Wd 101/11 St 104/11 CHU TtAN 5608 ~Tm >» PI ~Thu I 08/11 255 QOOO EASY* 203 Fri 08/11 Tu. 07/11 CHU TIAN 8606 8t 04/11 Tu. 07/11 M RATHA BHUM
      1,017 words
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      Page 38 Advertisements Column 2
      978 38 7B ANSON ROAD, *21-01, SINGAPORE 0207 CW **********0* *TWAIT» ■HUTTUI MHWCI PORT KLAMO PEMAHG hub. wr m wo. vera m SI SEA LAUREL 429N 02/11 THU ttVll ffll WAGON WAS 64N Q6/11M0N M" l o EAGLE BREEZE 220 A 02/11 THU 04TI1 SAT SiISAK 9SOQ6 QZOIJI4 Wl// IfflJ MflO *****
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      570 39 i BSfl i*. M MYANMA \HHBk FIVE STAR UNE (IjfMMr Notioool Um) LobAbj In Y««m (If m) vtssa vot sm m pbi rw ■YOtUYWA IS4W Si» dio JW «PT MUTSU MOTS: OOOSTfAD SMPPOM A6BKKS ol m 02-03-*****00 nl ia 02-03-37*4141 PBfc m 02-04-*****02 NO: TH M-Q7-*****11/4 BANK LINE (A aortfco
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      Page 39 Advertisements Column 2
      943 39 ADVANCE CONTAINER LINES (PTE) LTD A I I 140 CacM StrMt, #1240, PH. Building, BlngOpoiw 0100 TEL: *****21, FAX: *****10, TELEX R8 ***** ACLPL 1 CR NO **********06 tl A m *Bta vot m* an m* MKtm um own md fliyn ao/n —fhL SMB W" QV" 9»/" MQttMKAI ■OOM M/
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      781 39 KmM lew MO: **********02 ll |VBMBJ VOY m LEH4WRE IME4BURG I TIMUgOP OUT ROTTERDAM VULEOEGEMNA NIIW 31/10 21/11 22H1 Mfll Km 27/11 VXEPELYWA "Yim 30/11 01/12 «rt2 OVtt 00/12 VIXEDEV&A VIIW IVII 08/12 00/12 OVIt OBTI2 IVlt .7 V*_LE 0€ CAPELLA TI2W 21/11 95 13/12 Wl2 18/tt 18/18 I ALSO
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      537 40 f SINO IXPRISS SHIPPING (PTI) LTD. V WW I 11 COLLYER QUAY «06-01 THE ARCADE SINGAPORE 0104. 1 TEL: *****90 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SIWOTHAWS SHANGHAI CONTAINER SERVICE) SIN/HKQ/SHAI S'PORE HKQ BHAJ VESSEL VQV ETA ETP ETA ETP ETA ETP CHANG YING 9611/9612 03/11 04/11 22QJ MU
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      Page 40 Advertisements Column 2
      542 40 ■HI M^ONTAINEIiJNEIIN^ A—at»: MAC-WUSPORE: *****22 (14 UNEf) kuc4M>(MB«MH rNS/V%rl mmumtnunn s«u:(oU4)3i«i7* MAMLfc<u»<i2fl«ei POMMQ:(M)S346M BANGKOK: (N3) UM6S7 BUfMBAVA:(M)WitO P. KILAMQ: (03) 36<2f77 JKT. (H) HOXOy MB* <1) ***** BMPUHft »«M«8 I ASIA HKG/TWN/BKK I GENOA/EUROPE I f PEN PK SIN mm u?rIJ?K*uM 01/11 02/11 03/11 S S2 2S2SKSE LdrvTlx/Rtm/AnVHam/lah W1 05/11
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      125 40 m£P DRAFT-CARGOWm I (S) PTE LTD T- ICDLiboft. J ICO MM- KAAACHI S ICOOWa/ X, OUXUTTAry 7 tOtmyf- fCHTTAQOHG cochnV J 1 1 CALL: 222 9090 (12 LINES) MARKETING: 222 6838 NVOCC CONSOLIDATION&FCL SERVICES Our Out Rquotion GEMARTRANS mm 83b Rn Bb mm an mm tv/H NMIOMMM AI4SS 11/11 14/
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      Page 40 Advertisements Column 4
      217 40 ML MFL SHIPPING (IMTL) SUBSIDIARY Of HAI SUN HUP GROUP Ct7LCL CONSOLIDATION SBRVICSS a HOT LINES; *****42/345 ACCEPIM6 CAMOCS TO EIROff lAS POSTS/SYMKY/SRIOMML <r also accpim ki io iisa pons m aoss-Mtoa sarvw TO MEXICO AM CANADA KSStt VOY ETA (SW) .BXOES VOI4S 26/10 h VESSEL VOY roUSW^] fjgAWjjM V.IS3S
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      161 41 mmm KAPAL KRIS Shipping Pte Ltd 701 »UXTON ROAD, S P0Rr*****9 IHBV bfc *****74 hoc *****77 a no iinnsnm to iwNB 4k tAwSnr j _/71 LSSGE22EJ I w i vessq voy nisras tosei voy etosfoh tUNGAIUUNG *545 04.11.19*5 »*J2* OKMADMA 9515 1011 1995 "D■tfUW VMS 1R.11.1t9} SiZU, HMGAWUNG 9547 12.11.1
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      Page 41 Advertisements Column 2
      72 41 NIPPON EXPRESS (Worldwide Contolidation SyUwn) FIXED WEBaY DEFKRTURE ARRIVAL TO: Arrow U.SJL iranmn- roawMH ■MMMinU KVBTf MONDAY IBM&3SIH- eulomkaoi evbt mm—r IUCMCMO EVHTY TUESDAY Arrow Europe (17 OATS TRANSIT ONLY) ■mrmsns mstou ■liattilSlAAH EVBT SOMMT itt FEUXSTOW! EVERY TUESDAY IBBffiBfEM niffg FVHTY THURSDAY EttWTTBDA* EVERY SIMMY Abo corpo to ol
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      123 41 j: REGIONAL WEATHER I t LC6KNO: Sho^T" 0 *"w«olti«f *«<tion wah ipMd *knoH VS£U», S«rfoc« vwdl Off by ocrows vkick wifti tfct wwd 0 One ful cirde represents calm or Kght and voiioNe winds J—► One half Heche represents 5 knot* L» One ful Heche represent* 10 knots k One
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      62 42 MT "CANDRA DEWI", chemical tanker of DWT 3,606; GRT 1,995 tons; LOA 84M; Width 14M, Indonesian Flag, NK Class, Built 1981, Lying Damaged at Maptaphut, Rayong, Thailand, is offered for sale on "AS IS WHERE IS" basis. Please address all inquiries to: PTBERLIANLAJU TANKER, JAKARTA-INDONESIA Phone 62-21-344-1888 extension 147 Fax
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      57 42 M.V. 'BROTHER HOPE' VOY 17 ARRD 22ND OCTOBER 1995 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the Ist November 1995 0900-1200 hours at PT2. No further survey will be entertained thereafter. As Agents: "K" Line Kinkai AB
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