The Business Times, 7 November 1995

Microfilm: NL20492
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 194/12/94 85f SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, NOVEMBER 7,1995
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  • Article
    MARKET SUMMARY
    78 1 on $JMlm (-1.47) PI BTOOMP U MMJ3 (+1.83) PI BT-MQA U 977J6 (+1.52) Q MAIKET HOOD: Kfl Mixed STOCK UBKET INDUES Moaday Change STD 2.095.81 -l.«7 KLSECOMP ***** +179 NIKKEI 18.0S6.97 +8.17 HAND SENG.. 9,7*. 10 ;-t 117# SET INDEX 1,448.91 -&£9 JAKARTA COMP 188.812 +8.76 MANILA COMP
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  • Article
    FINANCE
    68 1 BXCH1ME1ATBB US9 SS US* 1.4B t 1.566. A2S8 DM .0.7t7 0.999 WW 0.966. 1364 Ml 0J93 0.456 BAHT .0.040 0.056 IttJPlAH .0.0*4 .0.062 run bars SINGAPORE* 6.44 Kl'AlA LUMPUR 7.95 JAKARTA 17.50 BANGKOK 13.50 MANILA 1106 HONGKONG 9.00 TAIPEI AM SYDNEY 10.75 TOKYO ,t» SEOUL 1100 ZURICH** 4175 FRANKFURT***
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  • Article, Illustration
    CSM to pump $4b in two new wafer plants
    612 1  -  In vestments will be major boost to wafer fabrication in Singapore By. David Mok [SINGAPORE] Governmentbacked Chartered Semiconductor Manufacturing is to invest in two new wafer fabrication plants in Singapore that could cost as much as $4 billion, and may establish
    612 words
  • Article
    Daiwa shares surge as market awaits merger
    329 1  -  From, Anthony Rowley in Tokyo SHARES in troubled Daiwa Bank soared on the Tokyo Stock Exchange yesterday in anticipation of a merger with Sumitomo Bank. Nomura Securities, meanwhile, denied reports that it would offer Daiwa substantial financial support. Daiwa shares finished lim-it-up at
    329 words
  • Article
    Hop over to London and back for just $940
    364 1  -  By. Ang Wan May [SINGAPORE] The cheapest return airfare to London used to be $1,200; now you can buy a ticket for as little as $940. Six months after the breakdown of Intra-Orient Marketing Programme (IMP), which sets minimum prices for
    364 words
  • Article
    SES raps SuperBowl over profit forecast
    435 1  -  Financial advisers in EPO also censured for breach of duties By I Conrad Raj [SINGAPORE] The Stock Exchange of Singapore yesterday rapped bowling centre operator Superßowl Holdings and its financial advisers for inadequate care in preparing its profit forecast for its initial public offering.
    435 words
  • Article
    Balmoral Park site sets benchmark price
    221 1  -  By, Ang Wan May [SINGAPORE] A site at Bal moral Park has been sold for $22 million, setting a new benchmark in the Stevens Road area. After adding an estimated development charge of $1.6 million, the price works out to about $830 per sq
    221 words
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      181 1 msnuß Should Guitrcpoi&t be in WnduM Centrepoint is entering the Woodlands property market at an expensive leveL And by forgoing an office component, it risks being at the mercy of the fickle retail and entertainment crowd, says Lee Han Shih in the Property column, Pg6 $L6b from land nln The
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      Page 1 Advertisements Column 2
      11 1 Winding up of housing loan firms will hit banks, Pg 10
      11 words
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      Page 1 Advertisements Column 3
      135 1 Wafer glut feared, Pg 2 yj OUB RenoPlus is the only home renovation loan smart enough to help you save money. You'll pay one of the lowest interest rates in town at Prime* 3% p.a. (monthly rest). You'll also earn an extra 2% interest on your Multi Link deposit, up
      135 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      TAS acts against errant dealers
      385 2  -  Ifcree fined for selling son-approved phone equipment fir local use By' Toh Han Shih THE Telecommunication Authority of Singapore (TAS) has warned that it takes a "serious view" of dealers who sell nonapproved telephone equipment for local use, and has recently fined three dealers for
      385 words
    • Article, Illustration
      Lock icon Big push for wafer fab industry causes glut fears
      412 2  -  But EDB says plan for range of plants will protect S'pore By] David Mok THE government's push to attract big-ticket semiconductor wafer fabrication investments to Singapore has caused some concern among industry observers. The main worry is whether supply of semiconductors
      Compiled by BT; BCRUZ  -  412 words
    • Article, Illustration
      Lock icon Foreign postings to grow 67%
      298 2  -  E7E ON THE ECONOMY JOBS By 1 Teh Hooi Ling IN LINE with Singapore's regionalisation drive, demand for key people for overseas assignments will grow 67 per cent during the next three years, a study has found. Of the estimated 5,800 managers and technical professionals
      Source:; JEN CHUA  -  298 words
    • Article
      China not a monolithic market foreign investors warned
      236 2 FOREIGN businessmen who planned to invest in China should realise the huge country was not a monolithic market, the chairman of Hong-kong-based Sino Land, Robert Ng, said yesterday. Mr Ng, who is also chairman of Yeo Hiap Seng, said every region in
      236 words
    • Article
      Simex passes Barings test: Dr Hu
      378 4 Clear signal for market as Singapore's regulations keep trading system safe DESPITE all the fallout from the Barings debacle, a clear signal emerged for financial markets trading in Singapore is safe, Finance Minister Richard Hu told the Financial Times in an interview published yesterday.
      378 words
    • Article, Illustration
      Lock icon Chrysler's house of parts
      94 4 THIS massive labyrinth is part of Chrysler's regional parts distribution centre which opened last week in Jurong. The world's No 3 car maker has leased half of a 240,000 sqfl warehousing complex owned and managed by Caterpillar Logistics Services, a subsidiary of global giant Caterpillar Inc.
      ARTHUR LEE  -  94 words
    • NEWS Roundup
      • Article
        Lock icon Run as PAP candidate, SDP tells Chiam
        147 4 The Straits Times THE Singapore Democratic Party yesterday threw a counter-challenge at Chiam See Tong: stand as a People's Action Party candidate, and its secretary-general, Chee Soon Juan, will contest against hira ina Potong Pasir by-election. But last night Mr Chiam responded by
        The Straits Times  -  147 words
      • Article, Illustration
        Lock icon Umbrella body for green groups
        113 4 The Straits Times THE National Environment Council (NCE) will be restructured and renamed the Singapore Environment Council (SEC) to enable it to be an umbrella body for green groups here. The five-year-old body, which was plagued with image and credibility problems because it had close
        The Straits Times  -  113 words
      • Article
        Indo-Pacific economic forum
        63 4 A FORUM cm "Cooperation for Economic Growth and Development in the Indo-Paciflc Rim", organised by the Institute of Indo-Paciflc Studies, will be held this Saturday at the Raffles Hotel. The keynote address will be given by Sri Lanka's Minister of Ports, Shipping, Rehabilitation and Reconstruction, M H
        63 words
      • Article
        Asian Aerospace'96 attracts 800 firms
        63 4 Asian Aerospace *96—to be held from Feb 6-11—has attracted 800 participating companies from 31 countries. The event, occupying 22,000 sq m of Indoor space and 50,000 sq m of outdoor space at the Changi Exhibition Centre, will be open to the public on Feb 10
        63 words
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      192 2 WCCESSmSUMMING IS EASIER THAN EVER XI MARIE FRANCE TTijj i s our gth Anniversary at "iSga P c(jKt. Marie France and to celebrate we are f* rst 200 enrolments fabulous gift vouchers to spend on successful Marie France Mmrrm programmes. PLUS! IF YOU HAPPEN TO ■HQgHnHHM BE THE 9th OR
      192 words
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      Page 2 Advertisements Column 2
      64 2 Regional Newspapers Subscription t?entre The Most Authoritative Business Paper in India. If*'' Get your Economic Times of India NOW!! Call 348 7838 or fax 345 9150 today! Sole Distributor: Subscription Sales Agency Other Papers Available: Asia Wall Street Journal, China Daily, Times of India, South China Morning Post, Chinese papers
      64 words
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      Page 2 Advertisements Column 3
      147 2 to the edge off performqnceS mmt The passion that drives you to greater lengths also holds true for your game. Introducing the BRIDGESTONE PRECEPT EV Extra Distance specially designed to achieve greater distance than before with 432 cone dimples in a quasiicosahedral pattern, a high velocity grodational core and a
      147 words
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      60 3 ■■■■r t '"JsRSSeJbTJ- iSi?~ 5 "^'?-^^*l^BRh'^A 1 ——t ——i 1 y^ u 'T' 1 1 i i a i z3 5|M M l -H— f- M M M M w mtL. 4 ————|—i—l—i——I |Mft ——I—<—l—)— —I W Ki ~J}r 1 i. l LJ LI. J m^HHI^H For the full picture
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      Page 4 Advertisements Column 1
      116 4 mS' JA Bp J B «A 4 jA JwfWjl I V 4 VYat U 7 vSu»%' >A '■■Hr" J* mflL Yl^«Pll^^HlSL > wLrA. A/7i rft 4W v,M M" > 1 |*9*- lffi M lal^SlyMrf'yiijjl ?vO aAJ^r'' ifl W*%? i w jm iPJlspsl?/ 5. «*~;^slKK?flt^^p^^B^Z!s^ r .»ji^flßy^^y/r^^^B Garuda Indonesia now flies
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      Page 4 Advertisements Column 2
      72 4 Looking for an M.8.A.? 1 m Over 25 oveflww ft Singapore based institouons will present thefc range of MBA programmes at the SingafMf gHp Postgraduate Fair ON 22ND ft 23RD NOVEMBER 1995 AT THE ORCHARD HOTEL, ORCHARD ROAD, SINGAPORE. Admission tree for graduates, undergraduates and their professional aaHsers. A continuous
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      227 5 YOUR LAST CHANCE TO YOUR MARK II IN RAFFLES I I PLACE. H Bv -H&F The stunning Republic Plaza occupies the last available plot of land in Raffles Place the heart of Singapore's business and financial centre. With futuristic and intelligent features designed to give forward-thinking corporations a leap into
      227 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon URA land sales surge 60%
      494 6  -  Govt collects more in land sales revenue than from income lax in 94/95 fiscal year By Michelle Low THE Urban Redevelopment Authority collected $1.5 billion from land sales in the year to March 1995, a 60 per cent improvement on the previous year's $943 million.
      Source:; ALLAN  -  494 words
    • Article, Illustration
      Will CPL's Woodlands project make money?
      660 6  -  THE PROPERTY COLUMN Success of Causeway Point depends on whether Johoreans will be attracted to It By Lee Han Shih IN 1998, will there be droves of Johoreans flocking to Singapore for shopping and movies? This question may be of marginal interest to most
      660 words
    • Article, Illustration
      Hotelier returns to head Marina Mandarin
      286 6  -  By Agnes Wee VETERAN HOTELIER Michael Ow has returned to take the helm once again at the Marina Mandarin Singapore. Mr Ow, who took over as general manager on Wednesday, replaces Clyde Min who quit to return to the US. New challenges face the
      286 words
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      240 6 THE UNIVERSITY OF HULL England 1927 Q INVESTMENT AND FINANCE Imba| D "OVER WOO MANAGERS AND EXECUTIVES ALREADY ißfc ON HULL'S MBA PROGRAMMES IN SINGAPORE" 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
      240 words
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      Page 6 Advertisements Column 2
      114 6 INDUSTRIAL DEVELOPMENT SITE NO. 31 TANNERY LANE MTAv Located within MacPherson Industrial Estate Prime corner site Land area: 15,936 ft 2 /1480.5 m 2 J Tenure: Freehold J Plot Ratio: 2.5 Z For further details, please contact our Industrial/Investment Department o Dennis Yeo: *****20, Wilson Ang *****21, Urn Gnee Kiang:
      114 words
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      Page 6 Advertisements Column 3
      75 6 STEVENS DRIVE PRIME RESIDENTIAL PROPERTY WITH REDEVELOPMENT POTENTIAL Freehold Exclusive residential enclave DGP plot ratio of 1.4; 4-storeys Land area: 48,072 sq ft (Approx) H MiT»ir^ Good redevelopment potential £j Tender Closes: 5 Dec '95 (Tues) at 4:00 pm \z For investment rtport and tender document, J*J 5 kindly contact:
      75 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Thai inflation now forecast to hit 5.5%
      332 7 BANGKOK Food price rises sparked by floods force third revised estimate in a year Business Day THAILAND'S finance ministry has lifted the country's annual inflation forecast for the third time this year, this time from 5.2 per cent to 5.5 per cent. Finance
      Business Day  -  332 words
    • Article
      Lock icon Levy hike set to add M$215m to coffers
      293 7 KUALA LUMPUR Malaysia's doubling of foreign workers' levy begins January MBT THE 100 per cent increase in the levy on foreign workers, effective in January, is expected to earn the Malaysian government an additional Ms2ls million in revenues. Between September 1992, when
      MBT  -  293 words
    • NOTE Book
      • Article
        Lock icon Indon incentives to draw electronic firms
        83 7 Reuter (JAKARTA) Indonesia will give incentives to Japanese and South Korean electronic companies which plan to relocate their industries to Indonesia, a government official was quoted by the Bisnis Indonesia daily as saying. Zaenal Arifln, director of chemical industry at the a Ministry of
        Reuter  -  83 words
      • Article
        Lock icon Petro Vietnam ready for talks with BHP
        118 7 Bloomberg Business News [HANOI] Vietnam's state-owned oil company PetroVietnam said it is ready to negotiate with Australia's Broken HID Proprietary (BHP) on an oil-sharing contract Vietnam News reported yesterday. Its chief executive Ho Si Thoang said he would reconsider the contract on the
        Bloomberg Business News  -  118 words
      • Article
        Lock icon Mahathir welcomes Cuepacs' decision
        66 7 Bernama [BUENOS AIRES] Prime Minister Dr Mahathir Mohamad has described as "very positive" the decision by Cuepacs' (the civil servants' union) to accept the government's offer of Ms 2 billion (Sll.ll billion) for salary revision although it wanted to make an adjustment He said: "They can
        Bernama  -  66 words
      • Article
        Lock icon Indochina countries in telecoms team-up
        87 7 Reuter [PHNOM PENH] Cambodia, Laos and Vietnam have agreed to begin working together to develop their telecommunications sectors, Cambodia's Post and Telecommunications minister said yesterday. So Khun said the three countries agreed at a weekend meeting to y cooperate in managing broadcast frequencies, training staff
        Reuter  -  87 words
      • Article
        Lock icon Hanoi plans major labour exports
        87 7 AFP [HANOI] Vietnam plans to send some 100,000 workers abroad every year starting in 1998 to help ease domestic unemployment, the Vietnam News Agency said yesterday. The country exported just 4,500 workers in the first half of 1995, mostly in the building and merchant navy
        AFP  -  87 words
    • Article
      Lock icon Bakun dam not hit by govt review: Ekran
      225 7 KUALA LUMPUR AFP MALAYSIA'S mammoth Bakun dam project in eastern Sarawak state will not be affected by a proposed government review of major infrastructure projects. The dam's contractors, Ekran Bhd, said yesterday that the company was committed to carrying out the project.
      AFP  -  225 words
    • Article
      Lock icon Manila annual inflation slows to 11%
      203 7 MANILA Bloomberg Business News THE Philippines' annual inflation rate slowed to 11.0 per cent in October, the first deceleration in eight months, as emergency imports helped ease a rice shortage. The National Statistics Office also revised downwards the inflation rate in the year to
      Bloomberg Business News  -  203 words
    • Article, Illustration
      Lock icon Geared for Bangkok streets
      65 7 [BANGKOK] A vintage motorbike owner wears a stylish antique gas mask to protect himself against Bangkok's air pollution on Nov 6. At the end 0f1994, there were 3.14 million vehicles on Bangkok roads, and an estimated 500 new ones roll onto the city's streets each day.
      AFP  -  65 words
    • Article
      Lock icon KL threatens to ban Asiaweek, media gets stern warning
      323 7 KUALA LUMPUR Inaccurate reports undermine country, says ministry AFP MALAYSIA yesterday issued a warning to local and foreign media after threatening to ban the Hongkong-based news magazine Asiaweek, which, it said, had given the country bad press. Officials of the Home
      AFP  -  323 words
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      487 7 fiBASTIAWII Proprietor of Affordable Fine Cuisine an 9 Wines <Savour an All- You- Can-Eat Mediterranean Affair forjiut $29 At Clarke Quay, an irresistible Mediterranean lunch awaits you at an unbelievable price. Be charmed by our spread of culinary delights such as Sizzling Garlic Prawn, Fresh Crayfish, Greek Fish Egg, Chilled
      487 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon HK economy posts 4.8% growth in second quarter
      281 8 HONGKONG Figaro is less than govt's forecast of 5%; reflects continuing slowdown in consumer spending AFP, Reuter HONGKONG'S gross domestic product grew by 4.8 per cent in real terms in the year to the June quarter, reflecting a continuing slowdown in consumer
      AFP,; Reuter  -  281 words
    • Article
      Lock icon Beijing to have national law on trading B shares
      162 8 SHANGHAI AFP CHINA'S State Council has approved in principle a law governing the issuing and trading of B shares on the Shanghai and Shenzhen markets. The China Securities News yesterday quoted Premier Li Peng as saying the government had nearly finished
      AFP  -  162 words
    • Article, Illustration
      Lock icon Unfair to treat China as a developed country: Li Peng
      291 8 BEIJING AFP CHINESE Premier Li Peng said yesterday it was "unrealistic and unfair" for some nations to insist that China enter the WTO as a developed nation, saying the country's economic foundation remained weak. Mr Li made the comments in
      AFP  -  291 words
    • Article
      Lock icon China's inflation expected to fall to 12% next year
      327 8 BEIJING Economy heading for soft landing with growth of 9-10% AFP CHINA'S inflation will continue to fall in 1996 to an annual level of 12 per cent, with the economy achieving a "soft landing" as growth stabilises at 9 to 10
      AFP  -  327 words
    • Article
      Lock icon US Exim Bank assessing Three Gorges Dam project
      127 8 BEIJING AFP THE US Export-Import Bank is gathering information on China's Three Gorges Dam project ahead of a decision this month on whether to grant credits for related contracts, the China Daily said yesterday, quoting the bank's vice-chairman, Martin Ka marck. The
      AFP  -  127 words
    • SINO Brief
      • Article
        Lock icon Formosa Plastics heir apologises
        73 8 Bloomberg Business News [TAIPEI) Winston Wang, the son of Formosa Plastics Group chief YC Wang, signed a statement apologising to the public, Formosa Plastics Oroup investors, and his family for his recent behaviour. Wang, a senior vice-president at Nan Ya Plastics Corp, recently served as adjunct
        Bloomberg Business News  -  73 words
      • Article
        Lock icon China not honouring copyrights: US
        53 8 Bloomberg Business News (HONGKONG] China is exporting more pirated products than ever and has not honoured a February treaty with the US to shut down 29 factories that illegally copy compact discs. A senior US trade official yesterday said; "This tea very serious problem that
        Bloomberg Business News  -  53 words
      • Article
        Lock icon Beijing vice-mayor dies of heart attack
        58 8 AFP fBEUING] A vice-mayor of Bering, LI Runwu, has died of a heart attack, leaving a new hole in the capital's line-up of deputy leaders seven months after the suicide of a disgraced colleague. Xinhua yesterday said Mr Li, 56, suffered a heart attack
        AFP  -  58 words
      • Article
        Lock icon Guangdong beefs up China's coffers
        61 8 Reuter [BEIJING] China's booming southern Guangdong province collected 1.534 billkm yuan (***** million) to individual income tax —or national total— In the first nine months of die year. The Xinhua news agency yesterday said Guangdong's tax-co!lectio& methods resulted in a 64.9 per cent rise in
        Reuter  -  61 words
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      145 8 WORLD BUSINESS CLASS No wonder Northwest flights pass more quickly. UH«?II Mi BThey all go via Hollywood. Northwest is the only US airline to offer you the epitome of choice and control for in-flight entertainment. Because we have a Personal Video System for all First and World Business Class passengers
      145 words
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      119 9 11l IWTWyjffWWWfB "l 111 Bal kKI 111 IV I Hi■■ mjiijCM A'i*JHlTrj n I I -V< t' 1 jSt-sS W 1.1 fir ,S ff- E^oiloi.*- Xyp-s*'fißi Mk > > I VD kas W fi> II jA I J "'•s» ft Jf%~jffil ,i*f X y> I jj I lE J ment
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  • ASIA
    • Article
      Lock icon Winding up of housing loan firms to hit Japanese banks
      461 10 TOKYO 21 biggest banks may have to write off &2 trillion yen, leading to industry shakeont: analysts Reuter JAPANESE banks, big and small, face massive loan losses after a decision by financial institutions which set up seven of Japan's troubled
      Reuter  -  461 words
    • Article
      Lock icon Games run-up: Aussie investors losing hotels race
      250 10 SYDNEY Reuter AUSTRALIA'S tourism industry, which cheered two years ago when the nation won the 2000 Olympic Games, is watching with growing alarm as local investors pull out of a race to capitalise on the event. Australia's hotel property market is tipped to
      Reuter  -  250 words
    • Article
      Lock icon More companies to be summoned over slush fund
      251 10 SEOUL Prosecutors drawing op list of suspected business conglomerates Reuter SOUTH KOREAN prosecutors, probing ex-president Roh Tae Woo's slush fund, yesterday said they were drawing up a list of business conglomerates suspected of topping up the disgraced former leader's coffers. "After tracking
      Reuter  -  251 words
    • Article
      Lock icon India's farm trade promise
      75 10 NEWDELHI Reuter INDIA plans to enhance its presence in global agricultural trade under the liberalised regime of the World Trade Organisation, Finance Minister Manmohan Singh said. India can look forward to greater participation in world agricultural trade and make the best use of opportunities offered by
      Reuter  -  75 words
    • ASIA Notes
      • Article
        Lock icon Sri Lanka's war budget expected to soar
        88 10 AFP [COLOMBO] Sri Lanka's business community is nervously awaiting tomorrow's 1996 budget with an unprecedented slice of government spending to be »»1 allocated to battle Tamil guerillas, analysts said yesterday. Budget estimates show defence spending rising to US$67l million (***** million), up from
        AFP  -  88 words
      • Article
        Lock icon US trade barriers hurt Aussie trade
        91 10 AFP [SYDNEY] US trade barriers dramatically curb the effectiveness of Australian exporters and distort trade 1 relationships in agriculture and other key areas, Trade Minister Bob McMullan said yesterday. A survey by Canberra's Department of Foreign Affairs and Trade says that the US sugar
        AFP  -  91 words
      • Article
        Lock icon Australian job ads fall 3.7%: ANZ
        113 10 Reuter [SYDNEY! The Australian and Npw Zealand Ranking c group said its Job advertisement series recorded a 3.7 per V-* cent fall In October, seasonally adjusted, after a 0.4 per cent increase in September. Job advertisements were down byt j 7.7 per cent from
        Reuter  -  113 words
    • Article
      Lock icon Australia heading for Mexico-style crisis?
      171 10 SYDNEY AFP A PREDICTION by The Economist magazine that the Australian economy could go the same way as Mexico's was dismissed as exaggerated, superficial and out of context by economists here yesterday. The magazine said Australia was a likely next candidate for a Mexico-style currency
      AFP  -  171 words
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      1257 10 T_.l M E S NOTICE NOTICE IS HEREBY GIVEN that, I Koh Lee Ong of 32, Greenridge Crescent Singapore *****0, have applied for a Retail Liquor Licence in respect of M/s Flora DP Hampers Gifts located at Blk 105, #01-16, Clementi St 12 (off Sunset Way) Singapore *****5, and that
      1,257 words
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      Page 10 Advertisements Column 2
      489 10 M THE HATTER OF THE COMPAMES ACT, CAP. SO AMD M THE MATTER OF OAL SMGAPORE PTE LTD (incorporated In (m AspabAc of Stngspcre) SPECIAL RESOLUTIONS PASSED ON I DAY OF NOVEMBER 1995 Ai an Extaonfnaiy General Meeting of to Company held at 72 MMaar Avenu* *04-00 Tacam House Singapor
      489 words
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      Page 10 Advertisements Column 3
      320 10 IN THE MATTER OP THE COMPANIES ACT, CAP.9B and IN THE MATTER Of HOLLYWOOD OPTICAL PTE LTD NOTICE OP APPOINTMENT AND SITUATION Of OFFICE Of PROVISIONAL LIQUIDATOR (Creditors' Voluntary Winding Up) L GOH NGIAP SUAN. of 336 Smith Street *06-308 New Bridge Centre Singapore *****6, MUCN*****219-H, hereby give noboe tot
      320 words
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  • FOCUS: ASSASSINATION OF RABIN
    • Article, Illustration
      Lock icon Will peace be given a chance?
      972 11  -  The PLO and Israel may have buried the hatchet but can the historic deal survive Rabin's death By] Leon Hadar [WASHINGTON] Former us Secretary of State Henry Kissinger sobbed openly when interviewed on television. It was a measure of the respect and the close
      REUTER  -  972 words
    • Article, Illustration
      WHAT THEY SAID
      279 11 'Rabin wis an ardent advocate of state terrorism and believed that the Zionist entity should break every international norm in the pursuit of its sinister gmk. 9 Iranian state news agency Irna *We regret tkat Rabin was kflled by a Jew because ho ihonld hrrn hem Wind
      279 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      159 11 IK TECH PARK WAREHOUSING SOLUTIONS FOR TOMORROW a pupmmmmm murrmsimm The Park's proximity to the 12 passenger life PSA seaport means cheaper and 16 "drive-through" cargo life transportation and more efficient to all floors. regional distribution TECH PARK msfam aoxmimiammtmiw t Floor-to-floor Close proximity to the heights of 5m to
      159 words
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      Page 11 Advertisements Column 2
      121 11 Editorial: Peaoe must not also be murdered, Pg 14 tI P ~m Y i if'- 'a&tii&iUSkt~< ill' < i#3L-! <1 rg fl P| PVF inniifl <Hi m a W wT^. I I f- »'Vv yi®l H| I j HK^^pT« J pl W W Au Avantoge offers a range of flexible
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      382 12 p BREITLING 1884 fi ,v„ f i i£^Mg]ig^^g^ >:' 5. ►•> A +*,'*> /^KnnQKr rtronMnMAT Selfwinding mechanical chronograph jfj^lcalibrated to Vsth of a second. At a time when instruments routinely WkMz 30-minute and 12-hour totalizers. monitor flight data at Mach 1 miles above the 0 c **> u \«f»^ Power
      382 words
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  • THE WORLD
    • Article
      Is Wall St concerned about US debt ceiling?
      545 13  -  WASHINGTON Investors Markets won't be alarmed if debt weapon is nsed to balance budget By Leon Hadar AS President Bill Clinton was meeting Republican Congressional leaders last Wednesday to focus on a plan to prevent the government defaulting on its debt, to
      545 words
    • Article
      Lock icon Investors unlikely to stay away from Israel
      321 13 LONDON Rabin's assassination seen as diversion which will not halt peace Reuter INTERNATIONAL investors see the assassination of Israeli Prime Minister Yitzhak Rabin as a tragedy but say it is unlikely to either derail the overall peace process or scare away long-term investors.
      Reuter  -  321 words
    • Article
      Lock icon New-look inflation basket for Italy
      219 13 ROME Reuter ITALY'S national statistics office Istat is set to change the way it calculates inflation in a move which is long overdue but which could also increase the volatility of consumer price index (CPI) figures, analysts said. The new-look inflation basket is scheduled to
      Reuter  -  219 words
    • WORLD Watch
      • Article
        Lock icon Swedish growth revised
        94 13 Reuter [STOCKHOLM] Sweden's government has revised its growth figures for this year. It said the primary goal now was to make sure that the economic recovery was followed up by sustained growth. "The recovery is already strong in the export industry and in parts of the private
        Reuter  -  94 words
      • Article
        Lock icon Saudi govt pays wheat farmers
        57 13 Reuter [RIYADH] Saudi Arabia has disbursed almost all the money it aims to pay its wheat farmers in 1996 after subsidy cuts threw them into debt, economists said. They said this could strengthen the agricultural sector, which is trying to diversify from wheat because of
        Reuter  -  57 words
      • Article
        Lock icon Mandela will not intervene
        67 13 Reuter (JOHANNESBURG] South African President Nelson Mandela said yesterday he would not intervene in hearings against a former defence minister and retired military officers arrested in connection with hit-squad killings in the apartheid era. Mr Mandela said he could not grant amnesty to former defence minister
        Reuter  -  67 words
      • Article
        Lock icon Wrong baby aborted in lab mix-up
        89 13 AFP [LONDON] A mix-up in laboratory results of prenatal tests for Down's syndrome resulted in the wrong baby being aborted at a Cambridge hospital, it was learned yesterday. A spokesman for Addenbrooke's Hospital in Cambridge confirmed a newspaper report that the hospital had apologised
        AFP  -  89 words
    • Article
      Lock icon Portuguese investors putting billions abroad
      126 13 LISBON Reuter PORTUGUESE investors are using open foreign exchange markets to channel billions of dollars worth of savings to foreign currency accounts abroad, officials said yesterday. Bank of Portugal spokesman Nuno Jonet said the Portuguese opened foreign currency accounts abroad as a result of the
      Reuter  -  126 words
    • Article, Illustration
      Lock icon Pup in boots
      36 13 [SETTLE, Britain] Gael, a member ofK9 Search and Rescue, the only organisation in Britain which has dogs trained to search collapsed buildings. Gael is wearing boots designed specially to protect her feet. AFP
      AFP  -  36 words
    • Article
      Lock icon French unions see red over Juppe's proposals
      290 13 PARIS Cats needed to prepare for European monetary onion Reuter PRIME MINISTER Alain Juppe's ambitious plan to overhaul France's debtplagued welfare state hit an early hurdle yesterday when trade union leaders denounced leaked measures and threatened a strike. Deputies of the National Assembly,
      Reuter  -  290 words
    • Article
      Lock icon First DPM gives upbeat report of Yeltsin's condition
      241 13 MOSCOW Reuter PRESIDENT Boris Yeltsin, recovering in hospital from a heart attack, looked well yesterday and got down to detailed work on Russia's economic problems, First Deputy Prime Minister Oleg Soskovets said. The comments were the most upbeat assessment of Mr Yeltsin's
      Reuter  -  241 words
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      Page 13 Advertisements Column 1
      8 13 Will peace be given a chance?, Pg 11
      8 words
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      Page 13 Advertisements Column 2
      195 13 I Prime Freehold Property Investments I CATHEDRAL SQUARE CHRISTCHURCH I < Apartment Hotel Studios and 1 bedrooms with dtltP llkl full kitchen facilities !mA NZ 137,000 Fr° plus furniture and carpark RH lj| J|p Minimum Optional opportunity to have your MiW p/)/ net apartment professionally managed by iQ p.a. Dynasty
      195 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Vietnam, steps proudly into rule of law
      809 14  -  THE BOTTOM LDVE OPINION By Harish Mehta The writer is a BTcorrespondent specialising in Indochinese affairs IT HAS taken Vietnam 15 years to enact a civil code. The curtain has rung down on an era when the country was ruled by decrees during
      809 words
    • Article
      IN OTHER WORDS
      125 14 'As long as you have the contract note, you are protected The broker is obliged to make good the delivery.' -RkfaardKhoo president of the Malaysian Remisiers Association, reassuring investors after the issue of Take scrip caused alarm. The times are such that we can get along quite
      125 words
    • Article
      Peace must not also be murdered
      571 14 ISRAELI Prime Minister Yitzhak Rabin's tragic murder cruelly highlighted both the deep divisions at all levels of Israeli society and the danger that Zionist fanatics, with the mockery of their pretensions to a divine mandate, pose to a painstakingly crafted, but still precariously poised,
      571 words
    • Article, Illustration
      The 'trust' factor in economic success
      925 14  -  Non-economic variables, such as culture, morality and religion, will decide world's winners, says a social scientist By] Leon Hadar The writer is BT's Washington correspondent ANALYSTS tend to divide the global economy into two major competing groups: the North American and European economies with
      925 words
    • Article
      WHAT THE OTHERS SAY
      296 14 A Jut Judiciary SINGAPORE'S legal system has been tailored to reflect our Eastern values. When the court rules, it always bears in mind the welfare of the society versus that of an individual. Criminals must be duly punished and reformed and law-abiding citizens must be protected.
      296 words
    • Article
      Valuing the ringgit
      378 14  -  MAILBOX Tan Hua Joo IN VIKRAM KHANNA's column on Ringgit Policy (BT, Nov 1), it was rightly pointed out that Malaysia still lacks a coherent policy on the ringgit. But the conclusion reached that allowing the ringgit to appreciate would solve much of Malaysia's economic problems is
      378 words
    • Article
      EML holders in the dark
      110 14  -  Lee Chuan Seng SESDAQ stock EML has been suspended since April this year. Its shareholders missed the recent rally in Sesdaq. Quite apart from that, they have been kept in the dark about happenings in the company. When, if ever, will the stock be relisted?
      110 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      37 14 DOOMESBTJRYff?/ Gary Trudeau I'LL SAY OMB UJHAP? FOR THE FWGT FEW MONTHS, Amt/KY THING FOR that, IVBBEEHTHINKIHGrTWfiS W UJAJT .7wM WE GOT _=T) YOU,2EKE... MAN' IMPOS&01E RJRWU TWO TO I UUHAT MAS* *****' I 9HKAwuMK.iseenouj :%^A^^MANPyajm 1
      37 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Fighting off disease with the right foods
      730 15  -  cordtme here reports on the efficacy of some natural food items in disease prevention CORINNE KERK IMAGINE walking into the supermarket and buying mushrooms to enhance immunity, ginseng and garlic to prevent cancer, yogurt to treat diarrhoea, green tea to protect against cardiovascular
      730 words
    • Article, Illustration
      Lock icon Ishiguro's fiction enters new phase
      1083 15  -  PROFILE His latest book uses a new narrative device: the dream By. Mel Gussow NYT FOR Kazuo Ishiguro, writing fiction was not his first choice of profession. "It was," he said, "like an arranged marriage. It starts coldly but gradually you fall in love. It's
      NYT  -  1,083 words
    • Article
      Lock icon Surfing the superhighways
      623 15  -  INNOVATION Computers will take over out-of-town driving in future By Neil Winton Reuter THE year is 1999 and it's a gloomy, mid-winter morning. You get into your car to drive to a business meeting 240 km away, switch on the satellite navigation system and punch in your
      Reuter  -  623 words
    • Article, Illustration
      Lock icon In Fair Game's defence
      62 15 I PKOI'I.K ÀFP /IK).\'(if\<).\(rj IS top model Cun/v ranford and movie star William Baldwin pnsmi: far photographers hejbt e holding a press conference to promote American filmmaker Andrew Si pes' Fair (lame in Ihmgkonii on A 'or (>. Crawford said her debut trtorie whit h contains
      ÀFP  -  62 words
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      Page 16 Advertisements Column 1
      1311 16 IB Budweihl'j. HI I■ I iTsJ JIIJ M Jll I L*J :j MU/ WHERE TO WINE, DINE AND ENTERTAIN CI 3k 0 S LARGEST SELLING BEER J E our ACEOF"' 'Karaoke with our Df on Sundays Mischpef BOIILEVARO HOTEL, 200 Oitiard Boulevard Singapore 1024. Tefc 737 2911 W C* f'
      1,311 words
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      Page 16 Advertisements Column 2
      196 16 *y= =\E\ 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 Hon Kin 'Beijing dumplings, a selection of n;| t j| set menus, and 'Beijing specialities H^KVy such as 'Beijing Tench and ||fp cmtt Marinated
      196 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      93 17 r A HEW CQHfcBPT F 51 51A Boat Quay jjjpfesi M JL (Executive SetLimcH if Opening hours? Hi 12 -Z3opm (Lunch) and flfl* 9L 6,30pm 10.30pm (Dinner). gS S PASl*jgfrAVA 1 T- ITALIAN RESTAURANT "f IHI 11 Craig Road, Tanjong Pagar. |L Singapore 0208 Td: 227 7550 Fax: 734 4119
      93 words
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      Page 17 Advertisements Column 2
      16 17 A quick look at the markets. For Financial News, call *****01, at 30 cents a minute.
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      Page 17 Advertisements Column 3
      84 17 Kfff a Colourful lifestyle, call ■b Fashion Beauty on I Do AHfe really give I I you great skin? SIZE 10! I fTii ■■all rtnlhii H »iyWsn CXXncS I Surefire ways for B,G WOfnen I TERRIRC CHOPPING I I I I beautiful I women in I I the world I
      84 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      679 17 T7&RADIO 4. 430 Adbreak. 1130 TV Innovations. U0 Sella-Vision. 130 AM Close. PM M.O.G. As Seen On COO See Wednesday's Sched TV Show. uies. EgggTT LUI Off (Children/Info- 030 AM Morning News/CNN. j? V ohinino Time c. a tinn 030 Motivasi/Senaman Hgrag-, ffifcEEßbl U AM Happy Donut House. U3O Food
      679 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      239 17 mwpyim crossword thing, one is calm (8) 5 Reproached for creating bedlam I I I I I I i! 9 An example of the well-favoured JB-—JB—JBL— man following (6) production (7) none (4) —BH—_JlH—_lH__ 21 Tried a new variety of seed, say |Bh 25 Giving out notes and jewellery 28
      239 words
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  • Page 18 Advertisements
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Thakral Corp expected to launch US$ IPO next month
      364 19  -  Issue may comprise some 100 m shares making it one of the largest recent floats in S'pore Ven Sreenivasan ISINGAPORE] Diversified ..property-based Thakral Corporation (Singapore) Ltd is expected to launch its US dollardenominated initial public offer (IPO) next month. Sources say
      CHRIS LOH  -  364 words
    • Article
      Creative shares tumble to 2-month low on weak quarterly results
      242 19  -  By: David Mak [SINGAPORE] Creative Technology's stock fell to its lowest level in two month* yesterday dropping 30 cents to $16 in reaction to weak quarterly results announced over the weekend. Investors were spooked by in margins and profits and
      242 words
    • Article, Illustration
      Steady Safe being steered by man with a vision
      746 19  -  BOCK LOOK SIEW By i Maggie Ford The writer is a Jakarta-based journalist who contributes to BT JOPIE Widjaya is a man with a vision: he plans to revolutionise Jakarta's chaotic transport system. In the process, he hopes his listed company,
      746 words
    • Article
      Elec & Eltek to boost investment in two China-based companies
      271 19 Elec Eltek to boost investment in two China-based companies [SINGAPORE] Elec Eltek International Company (EEI) will raise its stake in two Chi-na-based companies one to triple its production and the other to increase the subsidiary's working capital. The printed circuit-board maker said yesterday it will pump US$l3.2 million (5518.6 miUion)
      271 words
    • Article
      Aerospace industry needs more R&D: DBS
      360 19  -  Strategic links a must to retain competitive edge, says report By Toh Han Shih [SINGAPORE] The global aerospace industry should improve over the next decade, and Singapore should continue to be a key player in aircraft maintenance and repair, says a DBS Bank report.
      360 words
    • Article
      Value of land in India $1m above cost: Scotts
      171 19 [SINGAPORE] Two weeks after an independent valuation report on a controversial land deal in India was due, listed Scotts Holdings finally disclosed yesterday that the 184 acres of land in India had a fair market value of $18.5 mUlion $1 million
      171 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Indon state firms mega fund-raisers
        586 20  -  Privatised firms already account for nearly three-quarters of fnnds raised in 1995 By William Chia [SINGAPORE] Indonesia's huge privatised firms have become mega fund-raisers on the capital market and the sharp jump is causing some concern among the country's broking firms. From almost zero just
        Compiled by BT; ALLAN  -  586 words
      • Article
        Lock icon Tractors aims to maximise KL budget benefits
        246 20 Bernama [PETAUNG JAYA] Tractors Malaysia Holdings Bhd will review its heavy machinery operations to maximise benefits following the recent favourable budget announcement on reconditioned heavy machinery, its managing director Oh Teik Tatt said. In the 1996 budget, Finance Minister Anwar Ibrahim proposed that
        Bernama  -  246 words
      • Article
        Horiguchi suspended after morning surge
        141 20 [SINGAPORE] Horiguchi Engineering shares were suspended yesterday after having risen 30 cents in the morning to $1.91 on trade of 6.7 million units. The Sesdaq-listed counter rose on market talk that its new major shareholders Ho Wah Genting chairman Lim Hui Boon and his associates
        141 words
      • Article
        Lock icon Philippines' property boom likely to continue till '98
        218 20 Ayala chief cites sound, fnndamental economic conditions for upbeat reading Bloomberg Business News MANILA] The head of the Philippines' largest property company expects a two-year-old real-estate boom to continue until 1996. "Never has the economy or the industry been in such a
        Bloomberg Business News  -  218 words
      • Article, Illustration
        Telecom sees 20% of revenue from overseas
        671 20 Chief executive BG Lee aim* for this target by torn of the century [SINGAPORE] Singapore Telecom wants to have up to 20 per cent of its revenue come from international business by the turn of the century, chief executive Lee Hsien Yang has
        671 words
      • Article
        Lock icon Kemayan's bond proceeds
        108 20 Bernama [KUALA LUMPUR] Kemayan Corporation Bhd will use Its bonds proceeds to repay bank borrowings in connection with the purchase of Bena Tower here. The company said yesterday that the Securities Commission had approved Kemayan's appeal to use the bond proceeds to repay bond borrowings in connection
        Bernama  -  108 words
      • Article, Illustration
        Lock icon Kerry starts sales of its US$600m Shanghai project
        465 20 Development said to be Knok's most important in China AFP [SHANGHAI] Malaysia's Kerry Group officially launched sales of a US$6OO million (*****.9 million) development in north-central Shanghai yesterday with chairman Robert Kuok joining city officials for the event. The project, which covers
        AFP  -  465 words
      • COMPANY Briefs
        • Article
          Muda expects to sign UPP deal today
          69 20 (SINGAPORE] United Pulp and Paper (UPP) yesterday asked the Stock Exchange of Singapore to continue suspension of Us trading today. Trading will resume tomorrow. It had been suspended owing to the impending disposal of Muda Holdings' 35 per cent stake in United Pulp.
          69 words
        • Article
          PPP:no big developments on horizon
          49 20 [SINGAPORE] Pan Pacific Public Company (PPP) said last night there are no pending major developments In its affairs "likely to have a significant effect on the financial performance of the company". Pan Pacific was responding to a query from the Stock Exchange of Singapore.
          49 words
        • Article
          DBS Land unit keeps it in the family
          41 20 [SINGAPORE] DBS Realty, a folly owned subsidiary of DBS Land, has taken an additional 44 million shares of# each in the capital of Hoilandale Realty, also a fUlly owned subsidiary of DBS Land.
          41 words
        • Article
          Lock icon Sri Hartamas to buy stake in China hotel
          110 20 Reuter [KUALA LUMPUR] Malaysian property group Sri Hartamas Corp Bhd is to acquire a 00 per cent stake in a company which jointly owns a hotel in China, it said yesterday. Sri Hartamas will take up the stake in the private firm.
          Reuter  -  110 words
        • Article
          Corrections and clarifications
          37 20 IN our report "SKI net earnings up 6.3% to ISllm" on Saturday, we said the group's advertising revenue roee 1.4 per cent. It should be 10.4 per cent. We are sorry for the error.
          37 words
      • Article
        Lock icon Southern Acids plans M$63m purchase of 49% Pofachem stake
        260 20 Bernama [KUALA LUMPUR] Southern Acids (M) Bhd has proposed to acquire 14.7 million Msl shares in Pofachem (M) Sdn Bhd representing 49 per cent of the issued and paid-up capital for M 563.7 million (5535.3 million). Commerce International Merchant Bankers (CIMB)
        Bernama  -  260 words
      • COMPANY Briefs
        • Article
          Lock icon China Light's profit up 35%
          104 21 Bloomberg Business News [HONGKONG] China Light Power Co Ltd, the largest electric utility in the British territory, said net profit rose 34.9 per cent to HK16.67 billion (5f1.03 billion) for the year ended Sep 90. Earnings per share rose to HK12.85 from HKt2.ll, above the
          Bloomberg Business News  -  104 words
        • Article
          Lock icon United Biscuits sells troubled unit
          134 21 AFP [LONDON] British food manufacturing group United Biscuits (UB) announced yesterday the sale of its US unit Keebler for US$5OO million (***** million) to Infio Holdings Corp. The disposal of the loss-incurring US cookie and savoury biscuits manufacturer should be completed by the end of
          AFP  -  134 words
        • Article
          Lock icon Hoechst doubles pre-tax profit
          89 21 Reuter [FRANKFURT] German chemicals giant Hoechst AG said yesterday that its nine-month pre-tax profit surged 103 per cent and predicted fUll-year results would be strong enough to pave the way for a higher dividend. It said special factors helped group pre-tax profit rise to 3.4 billion
          Reuter  -  89 words
        • Article
          Lock icon Omron's earnings rise 144%
          73 21 AFP [TOKYO] Japan's Omron Corp said yesterday its pre-tax profit rose 144 per cent to 7.52 billion yen (*****.5 million) in the six months to September. The nation's top maker of electronic control components said its sales rose 8 per cent to 190.4 billion yen in
          AFP  -  73 words
      • Article
        Lock icon Profits of foreign securities houses in S Korea surge
        271 21 Combined profit in April-Sep period goes up 74% to 19b won AFP [SEOUL] Most foreign securities firms operating in South Korea enjoyed hefty profits in the six months to September, helped by a strong participation of non-Koreans in the Seoul bourse,
        AFP  -  271 words
      • Article
        Lock icon Coles' sales, EPS show improvement
        162 21 Reuter [MELBOURNE] Retailer Coles Myer Ltd said it is starting to see real progress after several years of underperformance. Executive chairman Solomon Lew and chief executive Peter Bartels said in the 1995 annual report that growth in sales and profits in the year to July
        Reuter  -  162 words
      • Article, Illustration
        Lock icon Foreigners wary of China's B shares
        382 21 Local speculation causing instability and driving foreign investors away from Chinese stocks Reuter [SHANGHAI] Foreign investors are becoming more wary of Chinese equity markets due mainly to instability caused by greater local investor activity and the poor quality of many listed firms, analysts and
        Reuter  -  382 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Rothschild, NatWest merger unlikely: analysts
        312 22 Bloomberg Business News, Reuter [LONDON] Analysts in London say they doubt National Westminster Bank will buy N M Rothschild because the merchant bank values its independence too much. A Rothschild spokesman declined to comment on media reports that it is in merger talks with Nat
        Bloomberg Business News,; Reuter  -  312 words
      • Article, Illustration
        Lock icon British Airways profit up 23%
        399 22 Strong demand set to continue and threat of all-out fare war receding, says company Reuter [LONDON] British Airways pic said the trend of strong passenger demand and high load factors which helped fuel a 23 per cent rise in first-half profits is set to continue,
        Reuter  -  399 words
      • Article
        Lock icon BP 3Q earnings hit record on strong chemicals income
        536 22 Bat investors fear chemical boom may be over Bloomberg Business News [LONDON] British Petroleum Co had its best third quarter ever this year, although investors are concerned the chemical boom behind the earnings may be over. Like other big oil companies,
        Bloomberg Business News  -  536 words
      • Article
        Lock icon Sony Music's profit rises on strong record and video game sales
        405 22 Bloomberg Business News [TOKYO] Sony Music Entertainment Inc said strong sales of Western and Japanese music and video games helped offset a fall in income from home videos and sent profits up in the half-year ended Sep 30. Japan's
        Bloomberg Business News  -  405 words
      • Article
        Lock icon Kodak to release another report against Fuji
        307 22 Bloomberg Business News, AFX-Asia (WASHINGTON] Eastman Kodak Co was scheduled to release a new document yesterday, rejecting Fuji Photo Film Co's denials that it conspired to block access to Japan's US$l.9 billion (552.7 billion) consumer film market, Kodak said. Kodak will release a
        Bloomberg Business News,; AFX-Asia  -  307 words
      • Article
        Lock icon Clothing group Hastings to liquidate business
        214 22 NYT [WASHINGTON] Wallachs clothing stores, a New York institution for more than 100 years, is conducting a "going out of business" sale at its 12 stores in New York, New Jersey and New Hampshire. Also joining in the sale are Roots, F R Tripler
        NYT  -  214 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Shanghai exchange suspends trading in bid to curb speculation
        374 23 Success of tough measures hinges on finding ways to divert speculative funds from market Reuter [SHANGHAI] The Shanghai Commodity Exchange suspended trading yesterday in the latest crackdown by Chinese securities authorities on the country's volatile futures markets. Shanghai traders said the
        Reuter  -  374 words
      • Article
        Lock icon S&P rerating mortgage bonds
        133 23 Bloomberg Business News [NEW YORK] Standard Poor's Corp is taking a more stringent look at life insurers' mortgage-backed bond investments to determine the companies' ability to pay claims, according to a report that was to have been published yesterday. The bond rating company said it established
        Bloomberg Business News  -  133 words
      • Article, Illustration
        Lock icon Rubber prices likely to rise further
        371 23 Demand from tyre makers seen exceeding supply Reuter [SINGAPORE] South-east Asian traders said rubber prices are expected to continue rising this week as demand from Japan, China and Western tyre companies exceeds supply. "Because of the rain in September and October many shippers could
        Reuter  -  371 words
      • Article
        Lock icon Mixed response in Japan to LME's warehouse plan
        234 23 Reuter [TOKYO] Despite plans by the London Metal Exchange to expand metal delivery facilities in Asia, Japanese metal industry officials are mixed about the LME setting up aluminium alloy warehouses here. Metal industry sources say the LME had earlier asked local warehouse
        Reuter  -  234 words
      • Article
        Lock icon Oil prices slip but big losses seen unlikely
        310 23 ENERGY REPORT Reuter [LONDON] World oil prices yesterday shed a little of last week's gains but dealers were not expecting a full-scale reversal of a rally now in place for a month. December futures for international benchmark North Sea Brent blend were
        Reuter  -  310 words
      • Article
        Lock icon CURRENCY REPORT
        162 23 Reuter AFP London THE DOLLAR ended lower here amid undermined by con cern over the stalemate over the US budget and a revival of the mark on its European crosses. Despite the weaker tone, dealers said the market lacked clear direction and volumes were fairly thin. The US
        Reuter; AFP  -  162 words
      • Article, Illustration
        Untitled
        1154 23 nmiRBAllKCUMUarCTKATBS 4p^ Nov6 Aoatait X\ Auinst IISS amm H i u# cranctM x offf m offtf Cracm m ow* Md wt rrwdTfrwe *****0 28.9062 AMU 4.8195 Loos/ dollars to on* unit of fbnign currency: HMffcMf dollar 18.25 1827 7.7324 7.7334 Australian Mv ***** 1.0693 0.7560 0.7570 lilimiti npiak 0.0619 0.0*20
        1,154 words
    • COMMODITIES & FUTURES
      • Article
        COMMODITY Reports
        924 24 [KUALA LUMPUR] Tin price on the KLTM dropped 18 sen to M 515.96 per kilo on the lack of bids coupled with a US$45 fall on the LME on Friday. Bids amounted to 28 tonnes while 96 were offered. Turnover plunged to 53 tonnes from 110 on Friday
        924 words
      • Article
        Lock icon SIMEX Report
        1123 24 Reuter [SINGAPORE] Simex Euroyen futures ended scarcely changed in slow trading while Eurodollars eased in the absence of fresh factors. Dealers said the market was showing little concern over the raising of the US debt ceiling as most players expected the Federal Reserve and Congress to come up
        Reuter  -  1,123 words
      • Knight-Ridder Commodity Summary
        • Article
          S Korea buys more gold from the North
          111 24 [Seoul] South Korea's import of gold from North Korea increased in Jan-Sep year-on-year, while aluminium was down during the same period, figures from the National Unification Board show. South Korea imported 5,043 kg of gold from North Korea in Jan-Sep, up 22.7
          111 words
        • Article
          Dominion to focus on nickel,cobalt
          94 24 [SYDNEY] Australia's Dominion Mining Ltd yesterday said it has sold most of its gold assets to Plutonic Resources Ltd for A$80 million (S$85.4 million), enabling it to focus on development of the Yakabindie nickel and cobalt project. Not included in the sale is the company's
          94 words
        • Article
          India white sugar output up
          99 24 [NEW DELHI] India's white sugar output was 14.51 million tonnes from Oct 1,1994, to Sep 15,1995, as compared with 9.67 million a year earlier, the United News of India news agency said. Sugar output was insignificant in the remainder of the 1994-95 (Oct-Sep) sugar season
          99 words
        • Article
          Thai sugar cane outlook
          58 24 [BANGKOK] The economic research centre of the Thai Ministry of Agriculture has forecast the Thai 1995-% (Nov-Oct) sugar cane harvest at 53.06 million tonnes, an official said yesterday. The agriculture office's forecast compares with an October forecast by the Industry Ministry's Cane and Sugar Board that
          58 words
        • Article
          Higher Thai corn crop expected
          118 24 [BANGKOK] The Thai government has raised its forecast for the 1995-96 (Jly-Jun) corn crop to 4.35 million tonnes from an earlier forecast of 4.27 million made in August. The higher estimate came despite heavy floods since August that have widely been expected to hurt agricultural
          118 words
    • Article
      COMMODITY PRICES
      1198 24 jjjjjjM FUTUMBS Nov 6 WISE* Wwes dwN m it SJOnO RSS1 COHraACT(S cwitiAf) Ctott Voktm Opon MoNtN JNgfc LM Sott (to ww I) tetoroot 0* 95 224.00 2025 JMtt 223.50 ***** ***** 100 1275 Fofc 96 223.50 ***** ***** 100 1275 Mr 96 223.50 ***** ***** 100 1275
      1,198 words
    • REGIONAL STOCK MARKETS
      • Article
        Tokyo
        2235 25 +BJ7 JAPANESE stocks were little changed, as a drop in banks offset gains in export issues. Precision instruments shares rose 1.08 per cent, while banks dropped 1.05 per cent. "The weakness in the banks following news over the weekend with Daiwa is being offset by strength in the high
        2,235 words
      • Article
        Sydney
        641 25 +1&2 Australian share prices closed higher, boosted by firmer futures and buying interest from offshore investors. "There has obviously been some overseas support and this is probably because the market finished so well on Friday it focused overseas interest on it," said a trader. "And when they enter the
        641 words
      • Article
        Manila
        453 25 -28*37 Philippine stocks fell to a sixmonth low amid concern that damage wrought by Friday's typhoon could create food shortages that spur inflation. "There is really this uncertainty whether the typhoon damage and bottlenecks will push double-digit inflation even ftirther," said a dealer. Another blow to the rice crop
        453 words
      • Article
        Taipei
        378 25 +48.24 Taiwan shares finished higher on reports that the central bank is ready to reduce commercial banks' required reserve ratios. "Investors started to hunt for bargains as the governor of the central bank said today in parliament that the time is ripe for the central bank to reduce the
        378 words
      • Article
        Seoul
        449 25 ♦JLBO South Korean stocks rose as investors snapped up shares in insurers and large export shares after interest rates fell to a 21-month low. On Saturday, the benchmark three-year corporate bond yield fell to 12 per cent from 15.5 per cent in March as local corporations scaled down or
        449 words
      • Article
        Wellington
        377 25 *7 Telecom hit a new all-time high on the New Zealand share market, boosting the top-40 index to a firm finish. The index ended 6.7 points ahead at 2,191.44 on medium volume of NZ537.7 million. Brokers said that, given the index surrendered 7.5 points by way of shed dividends,
        377 words
      • Article
        Bombay
        55 25 -28.03 Share prices ended broadly lower on widespread selling in end-of-account trading. Dealers said an indefinite strike by brokers' staff demanding higher wages, which delayed the completion of settlements that involve huge paperwork, also undermined sentiment. The 30-share BSE Index was down 25.03 points at 3,444.37. The 100-stock National
        55 words
    • WORLD STOCK MARKETS
      • Article
        London
        633 25 ♦14.4 UK STOCKS rose, led by pharmaceuticals and electricity suppliers, and bolstered by a rising bond market. "We saw a bit of blue across the board in late trading," said a trader. "Glaxo recovered from last week and the other drugs recovered with it." The advance was limited by
        633 words
      • Article
        New York
        682 25 438 Share prices rose from early lows to be little changed in midmorning trade, with interest in several merger-related stocks partly offset by profittaking, dealers said. At 11am EST, the Dow Jones Industrial Average was down 0.38 of a point at 4,825.19, the Standard Poor's 500 Index was
        682 words
      • Article
        Untitled
        310 25 -iTSr =22 JsS IS <»— c*—' <—» «*S •55 SOU 44*1 >04 04 OfVLB tun 5704 -M M «1 -04 M U Imp* nu -OX ?l 44 «t 4i tu Htm 7IU 4* 47 U M Nrttll OOOJ 44 4* OJ -*>4 O* -T.T MMl «NL7 04 «J OJ 17
        310 words
    • Article, Illustration
      Lock icon HONGKONG
      2463 26 Bloomberg Business News □Hansen! -119.70 HONGKONG stocks fell as investors debated whether an interest rate cut will come soon, if at all. The Hang Seng Index closed the day at 9,736.10, down 119.70 points. About HK$3.l billion worth of shares changed hands. In the index, China Light Power declined
      Bloomberg Business News; FRANCIS  -  2,463 words
    • Article, Illustration
      Lock icon CHINA
      669 26 Bloomberg Business News n Shanghai B Share Index jfj AN 8 PER CENT drop in Shanghai Diesel Engine shares dragged B shares to their lowest point since early July as some investors bet that company earnings will continue to worsen. Shanghai Diesel shares dropped to 39 cents on trading
      Bloomberg Business News  -  669 words
    • Article, Illustration
      Lock icon BANGKOK
      1188 26 Bloomberg Business News n SET Index jjl THAI stocks fell to a six-month low in light trading as brokerage and property issues fell on concern that profits will be reduced by high interest rates. "Inflation is the enemy of the economy and market," said an analyst. "Until inflation starts
      Bloomberg Business News; ALLAN  -  1,188 words
    • Article, Illustration
      Lock icon JAKARTA
      1059 26 Reuter. AFX-Asia F1 Composite Index +0.70 JAKARTA share prices ended the day slightly higher in slow trading following modest buying in some big-cap issues, brokers said. The Composite Index rose 0.70 points to 489.02. "The market was relatively slow with no fresh incentives. The index was up partly due
      Reuter.; AFX-Asia; B CRUZ  -  1,059 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Stocks up after KLSE guarantees trades
        6873 27 KUALA LUXPURReports Bloomberg Business News Composite Indei +2.79 MALAYSIAN stocks rose after the exchange guaranteed all trades, following a forged share scandal involving one of Malaysia's biggest stocks. "There's less worry about forged scrip" because of the announcement, said a dealer. The KLSE Composite
        Bloomberg Business News; ALLAN  -  6,873 words
    • WARRANTS & OPTIONS
      • Article
        Pricing is a puzzling exercise
        3686 28  -  WARRANT WATCH By) R Sivanithy TRYING to work out a fair price for warrants traded here can be a frustrating experience. Goldtron warrants expire in about two weeks but still only sell for a one-cent discount to the underlying shares when conventional wisdom says the
        3,686 words
    • Article
      CLOB INTERNATIONAL
      2225 28 MALAYSIAN STOCKS Cr Or (MS List Vol Day Last Ouot. Otv Mv YM N«t MCt» Mqfe Law Stno Company Sat* COOO) Mtgh Law Bwyar Sa4lar C'vr P/l Jmll <71 84 m S000 AISBSOc »c 4 1 55 MO Si 312 IM 10 75 0J MOO 127 n soot
      2,225 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1108 29 TOMOWfOOO) VAittirpOO) .IW q» -mm C»» T»m MMtrM 16.742 K>.7» 29,4*0 nu; 22.950 K.7M nMM 2,057 3345 5.402 J4£* 5.723 30.0M MM 2.7*0 M44 tMM <*» 1M4J KJM Pmmm* 2.543 MS7 5,802 MM *J3T MMMW 905 <05 2.0J1 2.0JJ MMM UM2 1MB 4,111 4.433 9LW on 2.705 6.994 5,092 IOM
        1,108 words
      • Article, Illustration
        HOT STOCK
        71 30  -  -By Paul Leo DAIRY Farm International Holdings has fallen to its lowest level since its listing on the local bourse early this year. Despite oversold conditions, a rally is not expected. Momentum indicators are neutral, suggesting a consolidation. Yesterday's volume of 1.87 million units is little changed from
        71 words
      • Article, Illustration
        KL stocks steal the show but Sesdaq play may not be over
        821 30  -  STOCX MARKET COMMENTARY Malaysian shares rise after ELSE pledges to guarantee all transactions to allay fears over forged scrip By R Sivanithy MALAYSIAN shares yesterday shrugged off weakness sparked by a forged scrip scare and the government's new
        821 words
      • ON THE GRAPEVINE
        • Article
          What's wrong with merchant bankers
          211 30 A READER wrote in to complain about merchant bankers. He wondered if they all go to the tame school since the wordings in most of the circulars in recent takeovers were very identical. They make errors, he said. In one document, the dividend yield was
          211 words
        • Article
          Like nightmares on Eim Street
          133 30 MARKET participants drew some comfort from the KLSE's assurance that its members will replace any forged share certificates bought through them. But some investors took objection to suggestions that this forged scrip scare was a product of an overly imaginative stock market. Who can blame
          133 words
        • Article
          What's stirring up Landmarks?
          104 30 LANDMARKS BHD was the roost actively traded counter on Clob and KLSE yesterday. It gained five cents on Clob to $1.99 with 9.28 million units done, and two sen on the KLSE to M 53.58. Last Friday, the stock jumped 79 cents. The company said it
          104 words
        • Article
          Chasing Perdana to M$14
          65 30 SOME Kuala Lumpur brokers have act a price target of Msl4 on Chase Perdana shares. Their optimism is baaed on the possibility of a put option offer on the company soon. Some analysts suggest the company may need money for a Ms7tt) million (Ss39omillion) contract to
          65 words
    • Article
      MAIN BOARD
      4055 29 Cr Or M an mm Leaf Vol Day Last Ouott D*v ON Yld Net Cap Aeg KHH lnr >tt) r —ir Salt rOOO) MHH Law 8uy«r Sa8o, Cw W M Prtt. 2W 174 1258 Acer SOc US187 *2 IOO M M5 12.7 3094 4W SI- mt 4M *6
      4,055 words
    • Article
      SESDAQ
      784 29 Or «r h art IMS Last V* 0*V LMt Oaat* Wv at« VM MM Cap tm Mp9 WH Ci«M«Y hn fOOO) HHP Laar 9fr Ctr M Mi prtaa mm 310 40 2000 AM HMf> 5c 281 -1 734 2S2 279 27* 291 M.0 63 03 6LI 1243 200 26*
      784 words
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      118 19 W V 4 ,< J A. S >•- •;>>' V>" tZ.- jL> i 'V :f s i" 'j v ■iiiiHirnrHnifpHMiHft i-Fa aF- \T7Jd r3/l < :< •'*l v V T i i U■ Z'- >• '•■•m- v V* -J W -J <<F z 1 h*- chron«»m»*t»'r !HK *hit»' |i»'7»*| and
      118 words
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      42 21 ANOTHER COLLECTIVE SALE AT MOULMEIN RISE Next to Novena MRT Tenure FREEHOLD •Site Area Approx 12,827 sq.ft. DGP PR 2.8 Building Height Up to 30 storeys 5 mins drive to Orchard Road Pleasant and quiet ambience For details, please contact INVESTMENT DEPARTMENT
      42 words
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      Page 21 Advertisements Column 2
      390 21 Fly Now Enjoy AM's Super Promotion. 4 "warxaaar ft y TT" **"ri' -'MM 11 *;ji I'JKMHHifI /MM mut 'm&mL Jtf\ A gM ■■■■■■■PHB With ANA's Super Promotion, you ll now be pampered to a Super Business Class: SupefYGasft \frimifmy host of exciting privileges in addition to the exceptional .r- 0
      390 words
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      927 22 Tram BANCA NAZIONALE OIL LAVORO S.pJL BANCA NAZIONALE DEL LAVORO 3.p.A. SINGAPORE BRANCH (ESTABLISHED IN ITALY WITH LIMITED LIABILITY HEAD OFFICE IN ROME) HEAD OFFICE ADDRESS: VIA VITTORIO VENETOII9,OOIB7 ROMA, ITALY CONSOLIDATED BALANCE SHEET CONSOLIDATED INCOME STATEMENT As of 31 December 1994 As of 31 December 1994 (in millions of
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      Page 22 Advertisements Column 2
      89 22 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      89 words
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      108 23 State-of-the-art newness with a touch of history. An address that says you are in Corner of Orchard an absolutely prime location. This is The Heeren, at 260 Orchard Road With yv 0 120,000 sq ft of lettable office space on 15 floors. A portfolio of features to change business attitudes.
      108 words
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      136 25 SSS SSSSSL SSS l ELECTRON| C AIR CLEANERSTUSA. A SUPREME 2000 (Ceiling Unit) A CAC 1000 (Ceiling Unit) a T-1300 a fm 1000 (CeiiingUnit/ a FM 500 E TRION's Electronic Air Cleaners improve lndoc**Air Quality by Flush Mounted) (2'X2* CeiiingUnit/ removing up to 95% of invisible dust and pollutants like
      136 words
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      Page 26 Advertisements Column 1
      142 26 LATEST FEATURES FROM STOCKPAGE TO HELP YOU INVEST BETTER, BlffffDnWliß To help take the uncertainty out of whether to buy, sell or hold, Stock Page now come with additional technical indicators Overbought(Oß), Oversokj(OS) Relative Strength Index (RSI). With such objective information readily at hand, you can make better decisions anytime,
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      58 28 BnP jr%..r>: .K>T f x riP""* usinessiimes Business Times BuanessDmes Businessiimes Business Times nacmm f;ewh r —m-\ Subscribe now and have your personal copy delivered to your doorstep. Customer Relations Section Circulation Department Address Singapore Press Holdings Limited 82 Genting Lane Postal code: News Centre Singapore 1334 Occupation. Fax. jyj^Urr^^
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      102 29 In a world of haves and have-nots, It's dear What most shavers have. Foil Shaver (IF 400). It has 3 narrow foils with more holes for a closer contact. Long whiskers M: automatically adjusts to every contour with its Jf A Hl' highly-responsive system of 150 diamond-honed cutting What both
      102 words
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      229 30 Singapore Closing Share Prices 6/11/1995 CLOSE PREV LOW HIGH uss uss uss uss \lllf/ Jardine Matheson 6.00 6.00 5.00 6.00 Jardine Strategic 2.62 2.66 2.62 2.68 I IAAAAf I Dairy Farm 0.77 0.78 0.76 0.79 Hongkong Land 1.78 1.80 1.77 I.SI ■■nai Mandarin Oriental 1.13 1.17 1.13 1.13 BfittiUUififl Jardine
      229 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      328 31 Knight-Ridder, Reuter ACTIVITY in Atlantic ports buzzing with grain orders gave the freight market its first rise in more than two months, but a fUll recovery could be hard fought. The Baltic Freight Index, a monitor of freight rates in key Atlantic and Pacific routes for grain, coal
      Knight-Ridder,; Reuter  -  328 words
    • Article
      MARITIME STOCKS
      277 31 its a hi CWTOM 1.50 *0.01 3 Cftuan Hup Lt8 uncft 19 Coscolnv 2.10 ♦O.tl 962 rtLS 6.35 *0.05 106 Frt Unki 0.70 uncft 26 G6 Holdings 0.95 Hal Sun Hup 0.909 uncft 110 HNacftlZ LOS unctt 33 IMC Holdings HK 5.60 JayaHoMingt 1.55 uncft 27 JgrongSMp 9.80
      277 words
    • Article
      Weaknesses of port state control highlighted
      511 31  -  Conference told it may open Pandora's Box for the shipping industry Stories by] Rahita Elias [SINGAPORE] Singapore Marine Department director Teh Kong Leong yesterday highlighted several shortcomings of port state control, saying it could open a Pandora's Box for the shipping industry. Under port
      511 words
    • Article
      Speaker questions need for ship inspections
      214 31 [SINGAPORE] Initiatives aimed at promoting safety at sea sometimes create a new set of problems, a conference speaker said yesterday. Worldwide Shipping Agency (S) chairman Stephen Pan recalled an incident in which eight inspectors boarded one of the company's product tankers as it discharged
      214 words
    • Article, Illustration
      Singmarine unit delivers 2 harbour tugs
      173 31 [SINGAPORE] Singmarine Industries, through wholly owned subsidiary Singmarine Dockyard Engineering, has delivered two harbour tugs three months ahead of schedule. The tugs were bought by Keppel Smit Towage for a total of $12 million. The vessels, which were named KST 33 and KST 34
      173 words
    • Article
      Lock icon Major ecological disaster looms in Gulf
      258 31 UPI [LONDON] A major environmental disaster is looming in the northern Gulf because of United Nations red tape. Experts warn that up to 100,000 tonnes of crude oil could be released from a sunken Iraqi tanker in the water. Salvage experts, including British and
      UPI  -  258 words
    • Article
      Lock icon Florens to buy half of CT8
      105 31 Reuter [HONGKONG] Florens Group Ltd said it planned to buy a 50 per cent stake in Hongkong's Container Terminal 8 (East). A spokesman for Florens, which is controlled by mainland China shipping giant Cosco, declined to give further details yesterday. Florens scheduled a news
      Reuter  -  105 words
    • Article
      Apology
      126 31 IN the article headed "Thailand's deepest port to begin operations this month", which appeared in the Oct 24,1995, issue of Shipping Times, we said that Ipco Marine had backed out of the Si Chang Thong port project because of stringent environmental rules on blasting. We are satisfied that this
      126 words
    • Article
      Swedish Club cuts '96 hull premium rates
      333 31  -  Members who comply with ISM code will benefit from the discount From David Hughes in London SWEDISH CLUB has decided to discount hull premium rates for members which comply with the provisions of the International Maritime Organisation's (IMO) International Safety Management Code during
      333 words
    • Article
      Lock icon S Korea's foreign ship orders rise 22%
      145 31 AFP [SEOUL] South Korea's shipbuilding orders from overseas buyers totalled 5.11 million tonnes from January to October, up 22 per cent from 4.19 million tonnes for the same period last year. The 10-month total was the highest since 1993, when South Korea displaced
      AFP  -  145 words
    • Article
      Lock icon Beijing delays launch of lane system on Yangtze
      286 31 AFP [BEIJING] China has delayed the introduction of a lane system on the Yangtze River aimed at bringing order to the country's busiest waterway, saying training is not yet completed, the China Daily said yesterday. The plan which has been pushed back
      AFP  -  286 words
    • Article, Illustration
      Lock icon Investor zeroes in on Yangtze
      939 32 DBVBLOFINCI CHINA'S HXKTERXAMD: FOCUS SHIFTS FROM PEARL TO YANGTZE RIVER Navigation and infrastructure problems plague the transportation artery for some of the country's most populous and richest agricultural and industrial areas. But Hongkong developer Wharf Holdings plans to change that UPI THE 6,240 km Yangtze
      UPI  -  939 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      317 32 PACE ACL n AMI 3 Able 7 Accord to AMers 6 Ahrenkiel 4 Appenship 4 Astro 10 Austral tt Avant 6 BSA It Batamindo 7 B'tanq Mas to Brnjht Express 6 CCNI 4 CMA n COSCO 7 CSAV 3 Centenary 7 Central Ex
      317 words
    • Article
      SHIPPING GUIDE
      10516 38 ETA ETA Advertiser Vessel Voyaqe Pq ETA ETA Advertiser Vessel Voyaqe Pq SIN Dest'n Nam* Nam* No. No. SIN Destn Nam* Nam* No No. HBp|EQR59Q Abidjan 09/11 19/12 COSCO SONG SHAN /0048 16/n 11/12 Hanjln H.LEHAVRE 032E 3 Abu Dhabi/ St Johns 17/n 25/12 Hanjin hanjin kusan 124E
      10,516 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        611 43 Vaswl Voy No B«rth Arrival Dapartur (BT) Afrizal 56/95 daapMl 07.11/2300 (BT) Agus Jaya 1/95 Jl alongside 07.11/2359 (BT) Has Jaya 1/95 Jl alongside 0711/1500 (BT) Rezeki Maju 1/95 Jl alongside 07.11/0800 (BT) itfn 11/95/001 Jl alongside 07.11/1500 (BT) Shut Makassar 23/95 Jl alongside 07.11/0600 Anangel Might 1/95
        611 words
      • Article
        CONTAINER SCHEDULES
        1500 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/IUUnc* Rstls Ship Voy No Etb/Btr Ptrlod From To From Aci U«M*r 004A 08/0)00 U 06/1500 06/1659 06/NOO 06/1500 06/1659 06/1*00 2A 06/1700 07/0659 07/0900 3 07/0700 07/1159 07/1400 AciUlK 0508 07/1500 U 06/1500 06/1659 06/1900 ACIVmii I95A 08/0200 W
        1,500 words
      • Article
        COCKETT BUNKER MARKET REPORT
        683 43 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        683 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon US airline deregulation creates some turbulence
        472 44 A book by two economists examines deregulation's impact on the public NYT [NEW YORK] It was a turbulent idea in 1978, when the government's decided to deregulate the airline industry. Now the question is: was deregulation a good idea for the airlines and their
        NYT  -  472 words
      • Article, Illustration
        Lock icon McDonnell wins US$18b Pentagon deal
        345 44 Second boost in two weeks will preserve thousands of jobs NYT [WASHINGTON] An US$lB billion (5525.4 billion) Pentagon order for 80 military transport aircraft has given McDonnell Douglas its second important boost in two weeks. It has also raised President Bill Clinton's standing in the
        NYT  -  345 words
      • Article
        Lock icon BA's new chief keen on tie-up with American Air
        164 44 NYT [LONDON] The new chief executive of British Airways pic, Robert Ayling, said he views AMR Corp's American Airlines as a potential US partner if the British airline ends up seUing its stake in its current partner, USAir Group Inc. A
        NYT  -  164 words
      • Article
        Lock icon Tokyo to quake-proof subway line
        99 44 NYT (TOKYO] The Tokyo metropolitan government has decided to complete the new Toei No 12 subway line with a major earthquake in mind, equipping it with shelters and disaster supplies. The decision will be incorporated into Tokyo's disaster prevention plans, which have been under review
        NYT  -  99 words
      • Article
        Lock icon Japan to start new domestic air fare system
        302 44 Lower fares and more competition expected as a result Reuter [TOKYO] Amid industrial deregulation in various sectors, Japan is to introduce a new domestic air fare system which is expected to lead to lower fares and more competition among carriers. "We will
        Reuter  -  302 words
      • Article
        Lock icon China air travel up after train fares double
        221 44 Reuter [BEIJING] The number of travellers on China's airlines has soared by 10 per cent since the Railway Ministry more than doubled prices for some train tickets in September, the Beijing Daily said yesterday. The crush is making it even harder to
        Reuter  -  221 words
      • LOG Book
        • Article
          KLM plans new flights
          92 44 [SINGAPORE] Amsterdam-based KLM plans to inaugurate round-trip twice-weekly services between Amsterdam and Addis Ababa, departing on Fridays and Sundays, a statement released from Hongkong said. The number of flights to Johannesburg, Tel Aviv, Tehran and Osaka will be increased by one and those to New York
          92 words
        • Article
          Lock icon Toyota's 3rd US plant in Indiana?
          61 44 AFP [TOKYO] Japan's biggest carmaker, Toyota Motor Corp, is considering Indiana for its third US car plant, a company official said yesterday. "We have not reached a formal decision," he said. "We intend to disclose details of this plan before year-end." Toyota said earlier
          AFP  -  61 words
        • Article
          Lock icon Bajaj sales up 18% in first half
          88 44 Reuter [BOMBAY] India's scooter and three-wheeler giant BaJaj Auto Ltd said its sales rose 18.16 per cent to 613,979 units in the first six months to September 1995 from 519,606 units in the year ago period. Production during the first half rose to
          Reuter  -  88 words
        • Article
          Lock icon More flights for typhoon victims
          84 44 Reuter [MANILA] Philippine Airlines will operate extra flights to Daet and Naga in the Bicol region at the southern end of Luzon island to ferry travellers stranded by super-typhoon Angela. In a statement yesterday, PAL said the extra flights, to run tomorrow and Thursday, win
          Reuter  -  84 words
        • Article
          Lock icon Roadway to quit air freight business
          85 44 Reuter [NEW YORK] The Board of Directors of Roadway Services Inc said it plans to exit the air freight business served by its Roadway Global Air subsidiary. The company also saidit had received a letter of intent and would sell the global air business
          Reuter  -  85 words
        • Article
          Lock icon MAS' leasing plan tor Airbus
          95 44 Bernama-Kyodo [TOKYO] -Mitsubishi Bank, Sumitomo Bank and the long-term Credit Bank of Japan will sign a contract with Malaysia Airlines concerning the purchase and of an Airbus plane, a Mitsubishi bank spokesman said. The contract covers the leasing to Malaysia's national carrier of an A
          Bernama-Kyodo  -  95 words
        • Article
          Lock icon Strike planned to protest against merger
          95 44 AFP [PARIS] Services by Air France and its domestic subsidiary Air Inter face new disruption later this week because of a strike call by unions protesting a planned merger between the two companies. Unions representing Air Inter pilots and cabin crew from both Air
          AFP  -  95 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1481 44 OTY FLIGHT ETA FlIQtT Eft tmriw CZ354 0920 Adtlakte Of081 1930 0F082 2050 Hanoi VH745 1305 VH744 1405 Mm too VW741 1310 VM740 MW Anutardam KL831 1025 K1844 0110 Hatyai TG407 2105 TG408 0820 GA897 1255 KL838 2335 MI895 2255 MI896 1920 S83Z7 1515 MOM 2355
        1,481 words
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      14 31 HK investor zeroes in on Yangtze Wharf Holdings plans to develop infrastructure. Page 2
      14 words
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      Page 31 Advertisements Column 2
      374 31 US airline deregulation creates turbulence A book examines impact on public. Back Page Focus shifts from Pearl to Yangtze River, Page 2 BULLETIN BOARD Thome MD elected ISMA president T Thome Ship Management managing director Olav Eek Thorstensen has been elected president of the International Ship Managers Association (ISMA) at
      374 words
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      1286 32 ISMPPtI I OTHER DESTINATIONS I I NORTH AMERICA I I WEST COAST OF CEHTRAI. AMERICA (MARQARfTA SEFMCP SINGAPORE CALIFORNIA EXPRESS PWtCT FROM WEST COAST) msa voY rusx no* u om va su dm hou otc trr ■eocoarr vtssa wr %m n.araiMiM ißM»BnwAn(iUßu|M>io«ano|*ouinu|sMj>«cß(z|*uwico [n|fll •*auuc urn 47/11 41/11 a/ii 17/11 a/ii
      1,286 words
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      Page 32 Advertisements Column 2
      251 32 Line* and services represented by Members of the Registry of Accredited (?gg®V Shipping Agents, Singapore National VXSnj) Shipping Association. For advertising enquiries, contact Shipping rimes. Tel 740-2089 To crack the safe or enter Mrs Wizards crystal ball, k 4r Jr Games on *I*oo-911-0003, M at 30 cents a minute. jfSMiiimmit
      251 words
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      1335 33 PAQFK SOUTH WIST EXPRESS (DttECT) vgsa jgr aim mm ux o« I mm cm aai mdm mk mm AUnwvwanr un it/10 v/h 11/11 u/ii is/11 <4/11 14/11 17/11 u/11 it/11 a/11 H—THUPSONMPg 07A 02/11 83/11 *****" »1/11 ~H7vT a/11 M/ 11 M/ll M/ll B/ll »/11 MJJ6AKMMBBCA 40A 00/11 10/11 at/11
      1,335 words
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      Page 33 Advertisements Column 2
      1751 33 HANJIN SHIPPING USA CANADA g* |rw|ww ot an m I■ w iw mmc |<u m m m m m tm Wll Wl* w /ll 42/12 M/ 12 44/11 M/ 11 M/ll M/ll 43/12 42/12 M/ll 41/11 OS/12 45?H 43/12 41/12 wn wn m/ii m/ii 14/11 11/11 14/11 n/11 n/11 14/12
      1,751 words
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      771 34 Vfssa VOY HAM rOAM ANT LHA S7ON fJEIANC SIN HKG lAO TYO SM KOK NAfi ottsoaowtss ivuT ii/io ~?o/io lt/io 22/10 10/11 14/1 u/iT" n/11 20/11 "Ti7Tr JISSHWA 12/422 21/iq iyio 11/10 2S/10 24/io 12/11 13/11 ii/ 11 30/11 21/11 luqmcshafbieotess ruw ?s/io 27/10 21/10 ~m "if/H n/TT~ n/TT "m/H
      771 words
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      Page 34 Advertisements Column 2
      1481 34 I NORASTA VESSEL VOY 8M ALO LAS BCL VAL HAM BRE ROT ANT FEL LHA "I* J*" artl J* 11 «VW 64/12 62/12 83*2 0812 OS/12 88*2 17/12 Si Jf™ J™ 1 52 M/ 12 »Ifl2 62/12 S. J521 J*" JJ™ 1812 01/12 WIJ 11/12 12*2 12*2 14*2 St? 1225
      1,481 words
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      Page 34 Advertisements Column 3
      609 34 JAPAN/HONOKONG/STRAITS REGULAR SERVICE LOADING FOR PORT KLANG/PENANG VESSEL VOT mi P.6UOAN6 PK6 I PCM cosmostaw 2 sio rwov SUN RUST 17 IN FT SANTA AMELIA IWFT MWOV "lFli<f~ HAMFAH WW MWOV KEN RYU 1 MWOV IIWOV SHIN6YUWO 2 MWOV IIWOV CHEZ NOUS 4 MWOV 12 MOV IMA TELUWA 15 MWOV
      609 words
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      Page 35 Advertisements Column 1
      922 35 iJW STRAITS SHIPPING PTE LTD 1 10 Hoa Chiang Road #11-01 Kappal To wars IMLJV Singapore 0208 Tel: *****88 Fax: *****17 > MEW QUtNEA pacific lime SMGAPORE /SVg® (A BERVICE OF CHINA NAVIGATION CO) i STRAITS STAB VKtK MNov 11 Mm Muara. Lataa* AMi Ktaakafc CAHAKA JN M-22 VKI4C ISNM
      922 words
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      Page 35 Advertisements Column 2
      1754 35 iyiilk P&O nnTltflillPffi P&O Containers (Singapore Agencies) Pte Ltd 9 10 Hoe Chiaag Road, #07-01 Keppel lowers, Siagapore 0208 First Class Connections WORLDWIDE Te,: 225 2233 TeteK RS ***** Fa*; 225 5327/222 7517 CR Number *****9 *****/ PgQHT IMPORT sr. rrrss an r, >.***» i i ESJSSS SSS !S! AS!
      1,754 words
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      Page 35 Advertisements Column 3
      565 35 ouimoum m. PBI JOM S» HKG lUNO TAI B TBTIIIUBI WHIM wan hai 210*011 wi 00/11 b*ii 01-I*ll iyn I*ll 17/11 I*ll "arT zvii nrvT 22m WAN HAI 225/MBl3 o*ll 0/11 11/11 12-I*ll I*ll W1 2*ll "H/TT "S/fT W ~2*fi I 2*ll WAN HAI 212 *>33 I*ll 12/11 14/11 14-17/11
      565 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      1148 36 EUROPEAIK/SCANDIHA VIA/FINLAND/RUSSIA SGP ROM ANW HBG TUP LHV LHV THP ROM ANW HBG PKL SBP E RESULT MHH 11/11 1/12 2/12 3/12 5/12 1/12 E. OENTIE RE-051 15/10 18/10 11/10 11/10 20/10 13/11 IS/11 E ROYAL RW-023 11/11 1/12 1/12 11/12 12/12 13/12 E. GREET RE-MI 22/11 23/11 24/11 25/10
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      Page 36 Advertisements Column 2
      809 36 PERSIAN OUtf SERVICE VESSa VOT SGP Dili Mu MM MM KWT IM S££22 !K1 221 anl 11/11 ant ani UNION*WD "£"°!£2 yi •m* 7 1 wn ovti UNI CMAfIT Q7 l2 #,fl2 "H* UM CROWN OJ7WBBW BM2 12/12 13/12 Wl2 15/1* 11/11 18/12 AUOACCIFT»IQFCITOOOMA.BIAAJAH.JEiaAU»IAOUOAI. MUSCAT (MNA QABOOB). ÜBM HUMO MA
      809 words
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      Page 36 Advertisements Column 3
      682 36 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 LINES) FAX: *****18/*****03 TELEX: RS ***** RtSHIP (3 Line*) CR NO: **********0E \m r (NrfwriU»«rEMiifk) ACCEPTING FCL AND CONVENTIONAL VMM) Ita Loadbigfor »l>w Notunot 40WB 1(V12 Andbwt 42W8 16*1 H kiem hung line FULLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH
      682 words
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      Page 37 Advertisements Column 1
      1813 37 ACCEPTING CARGO TO VAMA, ODESSA AMD CORSTAMTZA VIA LHWAS3OI Sfttptrt t Qtatrtl A§t»lt Ul (Bftrll) 2211 tM A t s*c, Oift COSTAR SHIPPING PTE LTD F l LiiV. n ft—*. c..„i..r s* ia. 4mm IttuXftfWMl Ml'MMtpiJi l (MWttfMll <»MM O/O *****1S Ofttti,, rmtiin ttnTlt J« IM| Umtr 2 C*lp. *****114
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      Page 37 Advertisements Column 2
      843 37 I fP s= 1 l l l l| l ll l l in in. ©HEUNG-A SHIPPING (KOREAN FLAG) CB NO: **********0 M j FuuTcowmnatsiDsavKi mcnommkeg Brass svc I mmkVK [w lwi{i[aiag|iiws|«c [mm |fia mvK [vw Iw» «I m muw MW w/11 H/n w/n 12/11 17/11 11/11 n/n n/n hbiwo-a «Aa
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      Page 37 Advertisements Column 3
      654 37 I (fc FAMOUS CONTAINER LINES _jl(s 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) Weekly Sailing To UNITED KINGDOM sl:otijvnd? Aberdeen ikeland)) C f Leeds yP Dublin Manchester Birmingham Felixstowe London CALL OUR FRIENDLY GROUP FAMOUS EUROPE GIRLS RAMLAHIIMAHI MOLLY *****33 P. KLANG PH: 0203/*****02 (10 LINES)
      654 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      27 39 SYDNEY, MELBOURNE, ADELAIDE, BRISBANE WEEKLY DIRECT SAILING MV "ANRO ASIA V.7IS" ON 17/11/95 MV "CAROLA V.267" ON 27/11/95 ALL-IN RATE US$27/M J CALL MAC-NELS AT 220-2022 JULIA/XIUHUA
      27 words
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      Page 40 Advertisements Column 1
      1023 40 VES3EL voy sin jkt vessel VOY sin pen |VF«I«IFI .~*w WANA BHUM 2MS W»d 08/11 Sat 11/11 CHU TIAN 8507 Thu 06/1T" St 11/tT QOOO EASY* 21S Fri IQ/11 "tTTT THAHA BHUM 145N Mon 13/11 W*d 18/11 RATHA BHUM 61N Tu* InPt St 11/11 AKA BHUM 227S S«t 11/11 Tu#
      1,023 words
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      Page 40 Advertisements Column 2
      800 40 79 ANSON ROAD, *21-01, SINGAPORE 0207 OR **********0N STRAITS tHUTTLI SERVICE PORT KLANG PENANQ >— vola w I a vessel vov %m ret SEA LAUREL 431W o*ll THU 10m FR) DRAGON NIAS 66N 14/11 TUE 1&11 THU EAGLE BREEZE 221 A 0901 THU 11/11 SAT SUSAK I*ll SAT XOURJAYA *****
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      Page 40 Advertisements Column 3
      221 40 #09-00 NEHSONS BUILDING 24 PECK SEAH STREET BOOKIMO^NOUIR?M GAPORE 10NNM0M TEL: 323 1133 FAX: 221 4053/56/58 TLX: R*****0/2SQS6 FXHIP vcsa voy saieh sum kstwuikm *ea n/95 li/ii m numam* NBDIAII 13/95 15/11 17/11 ninUMK/WltTi GiVOMUO 11/95 15/11 17/11 MGUUI/MDANG SUM MA 111/95 if«H 01/11 IAMWMMK GUUSUUA* IVW ii/ii i3/ii wimm
      221 words
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      Page 41 Advertisements Column 1
      727 41 BSA A M MYANMA QBBk FIVE STAR LINE T (Myo«war National Uno) loading for Yor goo (Rangooo) VOT SM KG ft* PGU a» JW SU I PINYA MOW IMS/11 I MALAYSIA AGENTS: lOUSTUD SHIPPING AGCNCK S *UL TH 01-03-2417)00 P«L TO. 02-01-*****01 POt TH W-04-2HJ407 fGD; TU 02-07-*****21/4 tg| BANK
      727 words
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      Page 41 Advertisements Column 2
      1139 41 ADVANCE CONTAINER LINES (PTE) LTD A I I<o Cecil Street 4H2-00, PIL Building. Singapore 0106 TEL: *****21, FAX: *****19. TELEX :RS ***** ACLPL CR NO. **********0E BAHOKOK JAKAKTA (i y W. HejUy a ifti) (2 vpop. w» aw owt m vma Ivor aw jg m x*3*m* man 21/11 ia avn
      1,139 words
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      Page 41 Advertisements Column 3
      887 41 |CW NO: **********0Z VESSELS I VOY l£ HAVRE HAMBURG THAMESPORT BOTTEBOA* AMmBW>~I WILLEDELYRA YIIW 0&M1 3(V11 01/12 04rt2 OUitZ w* x vi iw i*ii os/12 06/12 oa/12 o*l2 ivi»" V*X£ 06 CAPELLA TI2W 21/11 12/12 13/12 |_VM_LE De LIBRA LI2W 28/11 W2 2*12 ai2 &AfZ ALSO ACCEPTING CARGO TO ALL
      887 words
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      Page 42 Advertisements Column 1
      718 42 m na-fij AD SINO IXPRISS SHIPPING (PTI) LTD. V M I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE 0104. r TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX 3INOTRAWS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/3HAI B'PORE HKQ SHAI VESSEL VOY ETA ETP ETA ETP ETA ETP _MQd2§ ifloj um ism 17/11
      718 words
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      Page 42 Advertisements Column 2
      570 42 turn osfissiaaiß J 3«U:(004)tt«17S MAMLA:<n2)tl2Mei WWGKOK:<W2)2JM«7 SURABAYA: (H) *****0 R.KHANfr(Q3» tagrr jkt. stumor mo* wium RMOUNftgmw I ASIA HKG/TWN/BKKI GENOA/EUROPE I PEN PKL SIN DAILY RECEIVING r K PK SIN 01/11 02/11 03/11 burfl/C hagan/S holm/Osio 01/11 02/11 03/11 05/11 06/11 07/11 HKG/BKM(EE}KHH 04/11 05/11 06/11 09/11 10/11 11/11 HKG/BKK/KEE/KHH
      570 words
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      Page 42 Advertisements Column 3
      125 42 DRAFT-CARGO MYS MP (S) PTE LTD r- 4cO Lahore. v. 3 icommKAAACHPi. ICODtakif Xj CALCUTTA*// /ttITTAGONG MmsIIMI V* y l«J2—r Ti r£&> CALL: 222 9090 (12 UNES) MARKETING: 222 6835 NVOCC CONSOLIDATION Fa SERVICES Our Customer's Satisfaction is Our Reputation GEMARTRANS TW-WEBCLY SERV)Cg TO HQ CHI MINN -hp z 1
      125 words
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      Page 42 Advertisements Column 4
      252 42 iff MFL SHIPPING (INT'L) SSSff PTE LTD SUBSIDIARY OF HAI SUN HUP GROUP FCWLCL CONSOLIDATION SERVICES HOT LINES; *****42/345 ACCEPTING CARGOES TO RIROff BASf POETS/ SYDNEY/MfIJOURNE ALSO ACCEPTING FQ TO USA POETS AND CROSS-MCOCR SERVICE TO MEXICO AND CANADA VESSEL VOY ETA (SIN) KUOTAI QQSS 09/11 CONCORDIA I 005$ Ml
      252 words
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      188 43 KRIS Shipping Pte Ltd 701DUXTON 10*0, s'lforowsw M: *****76 Fix: *****77 a mo. onmniit REGULAR CONTAINER SERVICE TO BRUNEI EAST MALAYSIA I KUCHINO j J~ fSWUI vissa voy ETDsran yrssa voy tospom KKtSMADUIA fSIS 10.11.1995 »*3 09.11.1995 lUNGACEMUNING 9537 11.11.1W5 KgE J* 5 lUNGA KfMUNING *531 11.11.W5 mSMtIIJ>I ,S 7
      188 words
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      Page 43 Advertisements Column 2
      80 43 NIPPON EXPRESS (Worldwide Consolidation System) FIXED WEEKLY DEPARTURE ARRIVAL TO. Arrow U.S.A. ininßfl ETD SINGAPORE EVHY MONDAY llHUifliiNlSiH ru long beach EVERY THURSDAY ETA CHICAGO EVERY TUESDAY Arrow Europe (17 DAYS TRANSIT ONLY) ■firnSRIMS FTD STORE ■WttiyMa EVERY SATURDAY ETA FEUXSTOWE EVERY TUESDAY ■•KSTfTtPVSH ETD STORE EVERY THURSDAY ETA ROTTERDAM
      80 words
  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      118 43 LEGEND: R Thunderstorm Temperature c ny, ower Weother Wind direction with speed m knots Roin u/ Cloudy Sky Wov Surface winds ore indicated by arrows which tty with Hie wind One tu> circle represents colm or light and variable winds One hotf Heche represents 5 knots L» One fu« Heche
      118 words
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      Page 44 Advertisements Column 1
      215 44 NOTICE Notice is hereby given that Ms Carol Hoe Cheng Guat, NRIC *****69F is no longer with the Company with effect from 6 November 1995. She is therefore not authorised to transact any business or collect money on our behalf. STAR TRANS FAR EAST PTE LTD [ll] JARDINE SHIPBROKERS ESTABLISH
      215 words